From bfdd6cbf84d6db9a170599ee632961804d38ebfb Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Tue, 19 Nov 2024 10:20:55 -0500 Subject: [PATCH 01/23] move to src --- {HARK => src/HARK}/Calibration/Assets/AssetProcesses.py | 0 {HARK => src/HARK}/Calibration/Income/IncomeProcesses.py | 0 {HARK => src/HARK}/Calibration/Income/IncomeTools.py | 0 {HARK => src/HARK}/Calibration/Income/README.md | 0 {HARK => src/HARK}/Calibration/Income/__init__.py | 0 {HARK => src/HARK}/Calibration/Income/tests/__init__.py | 0 {HARK => src/HARK}/Calibration/Income/tests/test_IncomeTools.py | 0 {HARK => src/HARK}/Calibration/SCF/WealthIncomeDist/README.md | 0 .../HARK}/Calibration/SCF/WealthIncomeDist/SCFDistTools.py | 0 .../HARK}/Calibration/SCF/WealthIncomeDist/WealthIncomeStats.csv | 0 {HARK => src/HARK}/Calibration/SCF/WealthIncomeDist/__init__.py | 0 {HARK => src/HARK}/Calibration/SCF/__init__.py | 0 {HARK => src/HARK}/Calibration/__init__.py | 0 {HARK => src/HARK}/Calibration/cpi/__init__.py | 0 {HARK => src/HARK}/Calibration/cpi/us/CPITools.py | 0 {HARK => src/HARK}/Calibration/cpi/us/README.md | 0 {HARK => src/HARK}/Calibration/cpi/us/__init__.py | 0 {HARK => src/HARK}/Calibration/cpi/us/r-cpi-u-rs-allitems.csv | 0 {HARK => src/HARK}/Calibration/data/EducMortAdj.txt | 0 {HARK => src/HARK}/Calibration/data/SCFwealthDataReduced.txt | 0 {HARK => src/HARK}/Calibration/data/USactuarial.txt | 0 {HARK => src/HARK}/Calibration/life_tables/__init__.py | 0 .../life_tables/us_ssa/PerLifeTables_F_Alt2_TR2020.csv | 0 .../life_tables/us_ssa/PerLifeTables_F_Hist_TR2020.csv | 0 .../life_tables/us_ssa/PerLifeTables_M_Alt2_TR2020.csv | 0 .../life_tables/us_ssa/PerLifeTables_M_Hist_TR2020.csv | 0 {HARK => src/HARK}/Calibration/life_tables/us_ssa/README.md | 0 {HARK => src/HARK}/Calibration/life_tables/us_ssa/SSATools.py | 0 {HARK => src/HARK}/Calibration/life_tables/us_ssa/__init__.py | 0 {HARK => src/HARK}/Calibration/load_data.py | 0 {HARK => src/HARK}/Calibration/tests/test_load_data.py | 0 {HARK => src/HARK}/ConsumptionSaving/ConsAggShockModel.py | 0 {HARK => src/HARK}/ConsumptionSaving/ConsBequestModel.py | 0 {HARK => src/HARK}/ConsumptionSaving/ConsGenIncProcessModel.py | 0 {HARK => src/HARK}/ConsumptionSaving/ConsIndShockModel.py | 0 {HARK => src/HARK}/ConsumptionSaving/ConsIndShockModelFast.py | 0 {HARK => src/HARK}/ConsumptionSaving/ConsLabeledModel.py | 0 {HARK => src/HARK}/ConsumptionSaving/ConsLaborModel.py | 0 {HARK => src/HARK}/ConsumptionSaving/ConsMarkovModel.py | 0 {HARK => src/HARK}/ConsumptionSaving/ConsMedModel.py | 0 {HARK => src/HARK}/ConsumptionSaving/ConsNewKeynesianModel.py | 0 {HARK => src/HARK}/ConsumptionSaving/ConsPortfolioModel.py | 0 {HARK => src/HARK}/ConsumptionSaving/ConsPrefShockModel.py | 0 {HARK => src/HARK}/ConsumptionSaving/ConsRepAgentModel.py | 0 {HARK => src/HARK}/ConsumptionSaving/ConsRiskyAssetModel.py | 0 {HARK => src/HARK}/ConsumptionSaving/ConsRiskyContribModel.py | 0 .../HARK}/ConsumptionSaving/ConsSequentialPortfolioModel.py | 0 {HARK => src/HARK}/ConsumptionSaving/ConsWealthPortfolioModel.py | 0 {HARK => src/HARK}/ConsumptionSaving/LegacyOOsolvers.py | 0 {HARK => src/HARK}/ConsumptionSaving/TractableBufferStockModel.py | 0 {HARK => src/HARK}/ConsumptionSaving/__init__.py | 0 {HARK => src/HARK}/ConsumptionSaving/tests/__init__.py | 0 .../HARK}/ConsumptionSaving/tests/test_ConsAggShockModel.py | 0 .../HARK}/ConsumptionSaving/tests/test_ConsBequestModel.py | 0 .../HARK}/ConsumptionSaving/tests/test_ConsGenIncProcessModel.py | 0 .../HARK}/ConsumptionSaving/tests/test_ConsLabeledModel.py | 0 {HARK => src/HARK}/ConsumptionSaving/tests/test_ConsLaborModel.py | 0 .../HARK}/ConsumptionSaving/tests/test_ConsMarkovModel.py | 0 {HARK => src/HARK}/ConsumptionSaving/tests/test_ConsMedModel.py | 0 .../HARK}/ConsumptionSaving/tests/test_ConsNewKeynesianModel.py | 0 .../HARK}/ConsumptionSaving/tests/test_ConsPortfolioModel.py | 0 .../HARK}/ConsumptionSaving/tests/test_ConsPrefShockModel.py | 0 .../HARK}/ConsumptionSaving/tests/test_ConsRepAgentModel.py | 0 .../HARK}/ConsumptionSaving/tests/test_ConsRiskyAssetModel.py | 0 .../HARK}/ConsumptionSaving/tests/test_ConsRiskyContribModel.py | 0 .../HARK}/ConsumptionSaving/tests/test_IndShockConsumerType.py | 0 .../ConsumptionSaving/tests/test_IndShockConsumerTypeFast.py | 0 .../HARK}/ConsumptionSaving/tests/test_KinkedRconsumerType.py | 0 .../ConsumptionSaving/tests/test_PerfForesightConsumerType.py | 0 .../ConsumptionSaving/tests/test_PerfForesightFastConsumerType.py | 0 .../HARK}/ConsumptionSaving/tests/test_SmallOpenEconomy.py | 0 .../ConsumptionSaving/tests/test_TractableBufferStockModel.py | 0 {HARK => src/HARK}/ConsumptionSaving/tests/test_modelInits.py | 0 .../HARK}/ConsumptionSaving/tests/test_modelcomparisons.py | 0 {HARK => src/HARK}/__init__.py | 0 {HARK => src/HARK}/core.py | 0 {HARK => src/HARK}/dcegm.py | 0 {HARK => src/HARK}/distributions/__init__.py | 0 {HARK => src/HARK}/distributions/base.py | 0 {HARK => src/HARK}/distributions/continuous.py | 0 {HARK => src/HARK}/distributions/discrete.py | 0 {HARK => src/HARK}/distributions/multivariate.py | 0 {HARK => src/HARK}/distributions/utils.py | 0 {HARK => src/HARK}/econforgeinterp.py | 0 {HARK => src/HARK}/estimation.py | 0 {HARK => src/HARK}/helpers.py | 0 {HARK => src/HARK}/interpolation.py | 0 {HARK => src/HARK}/mat_methods.py | 0 {HARK => src/HARK}/metric.py | 0 {HARK => src/HARK}/model.py | 0 {HARK => src/HARK}/models/__init__.py | 0 {HARK => src/HARK}/models/consumer.py | 0 {HARK => src/HARK}/models/consumer.yaml | 0 {HARK => src/HARK}/models/fisher.py | 0 {HARK => src/HARK}/models/perfect_foresight.py | 0 {HARK => src/HARK}/models/perfect_foresight_normalized.py | 0 {HARK => src/HARK}/models/test_models.py | 0 {HARK => src/HARK}/numba_tools.py | 0 {HARK => src/HARK}/parallel.py | 0 {HARK => src/HARK}/parser.py | 0 {HARK => src/HARK}/rewards.py | 0 {HARK => src/HARK}/simulation/__init__.py | 0 {HARK => src/HARK}/simulation/monte_carlo.py | 0 {HARK => src/HARK}/simulation/test_monte_carlo.py | 0 {HARK => src/HARK}/tests/OpenCLtest.py | 0 {HARK => src/HARK}/tests/__init__.py | 0 {HARK => src/HARK}/tests/test_HARKutilities.py | 0 {HARK => src/HARK}/tests/test_TractableBufferStockModel.py | 0 {HARK => src/HARK}/tests/test_approxDstns.py | 0 {HARK => src/HARK}/tests/test_core.py | 0 {HARK => src/HARK}/tests/test_dcegm.py | 0 {HARK => src/HARK}/tests/test_discrete.py | 0 {HARK => src/HARK}/tests/test_distribution.py | 0 {HARK => src/HARK}/tests/test_econforgeinterp.py | 0 {HARK => src/HARK}/tests/test_interpolation.py | 0 {HARK => src/HARK}/tests/test_mat_methods.py | 0 {HARK => src/HARK}/tests/test_model.py | 0 {HARK => src/HARK}/tests/test_parallel.py | 0 {HARK => src/HARK}/tests/test_parser.py | 0 {HARK => src/HARK}/tests/test_simulate.py | 0 {HARK => src/HARK}/tests/test_validators.py | 0 {HARK => src/HARK}/utilities.py | 0 {HARK => src/HARK}/validators.py | 0 123 files changed, 0 insertions(+), 0 deletions(-) rename {HARK => src/HARK}/Calibration/Assets/AssetProcesses.py (100%) rename {HARK => src/HARK}/Calibration/Income/IncomeProcesses.py (100%) rename {HARK => src/HARK}/Calibration/Income/IncomeTools.py (100%) rename {HARK => src/HARK}/Calibration/Income/README.md (100%) rename {HARK => src/HARK}/Calibration/Income/__init__.py (100%) rename {HARK => src/HARK}/Calibration/Income/tests/__init__.py (100%) rename {HARK => src/HARK}/Calibration/Income/tests/test_IncomeTools.py (100%) rename {HARK => src/HARK}/Calibration/SCF/WealthIncomeDist/README.md (100%) rename {HARK => src/HARK}/Calibration/SCF/WealthIncomeDist/SCFDistTools.py (100%) rename {HARK => src/HARK}/Calibration/SCF/WealthIncomeDist/WealthIncomeStats.csv (100%) rename {HARK => src/HARK}/Calibration/SCF/WealthIncomeDist/__init__.py (100%) rename {HARK => src/HARK}/Calibration/SCF/__init__.py (100%) rename {HARK => src/HARK}/Calibration/__init__.py (100%) rename {HARK => src/HARK}/Calibration/cpi/__init__.py (100%) rename {HARK => src/HARK}/Calibration/cpi/us/CPITools.py (100%) rename {HARK => src/HARK}/Calibration/cpi/us/README.md (100%) rename {HARK => src/HARK}/Calibration/cpi/us/__init__.py (100%) rename {HARK => src/HARK}/Calibration/cpi/us/r-cpi-u-rs-allitems.csv (100%) rename {HARK => src/HARK}/Calibration/data/EducMortAdj.txt (100%) rename {HARK => src/HARK}/Calibration/data/SCFwealthDataReduced.txt (100%) rename {HARK => src/HARK}/Calibration/data/USactuarial.txt (100%) rename {HARK => src/HARK}/Calibration/life_tables/__init__.py (100%) rename {HARK => src/HARK}/Calibration/life_tables/us_ssa/PerLifeTables_F_Alt2_TR2020.csv (100%) rename {HARK => src/HARK}/Calibration/life_tables/us_ssa/PerLifeTables_F_Hist_TR2020.csv (100%) rename {HARK => src/HARK}/Calibration/life_tables/us_ssa/PerLifeTables_M_Alt2_TR2020.csv (100%) rename {HARK => src/HARK}/Calibration/life_tables/us_ssa/PerLifeTables_M_Hist_TR2020.csv (100%) rename {HARK => src/HARK}/Calibration/life_tables/us_ssa/README.md (100%) rename {HARK => src/HARK}/Calibration/life_tables/us_ssa/SSATools.py (100%) rename {HARK => src/HARK}/Calibration/life_tables/us_ssa/__init__.py (100%) rename {HARK => src/HARK}/Calibration/load_data.py (100%) rename {HARK => src/HARK}/Calibration/tests/test_load_data.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/ConsAggShockModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/ConsBequestModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/ConsGenIncProcessModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/ConsIndShockModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/ConsIndShockModelFast.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/ConsLabeledModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/ConsLaborModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/ConsMarkovModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/ConsMedModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/ConsNewKeynesianModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/ConsPortfolioModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/ConsPrefShockModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/ConsRepAgentModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/ConsRiskyAssetModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/ConsRiskyContribModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/ConsSequentialPortfolioModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/ConsWealthPortfolioModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/LegacyOOsolvers.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/TractableBufferStockModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/__init__.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/__init__.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_ConsAggShockModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_ConsBequestModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_ConsGenIncProcessModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_ConsLabeledModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_ConsLaborModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_ConsMarkovModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_ConsMedModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_ConsNewKeynesianModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_ConsPortfolioModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_ConsPrefShockModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_ConsRepAgentModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_ConsRiskyAssetModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_ConsRiskyContribModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_IndShockConsumerType.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_IndShockConsumerTypeFast.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_KinkedRconsumerType.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_PerfForesightConsumerType.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_PerfForesightFastConsumerType.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_SmallOpenEconomy.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_TractableBufferStockModel.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_modelInits.py (100%) rename {HARK => src/HARK}/ConsumptionSaving/tests/test_modelcomparisons.py (100%) rename {HARK => src/HARK}/__init__.py (100%) rename {HARK => src/HARK}/core.py (100%) rename {HARK => src/HARK}/dcegm.py (100%) rename {HARK => src/HARK}/distributions/__init__.py (100%) rename {HARK => src/HARK}/distributions/base.py (100%) rename {HARK => src/HARK}/distributions/continuous.py (100%) rename {HARK => src/HARK}/distributions/discrete.py (100%) rename {HARK => src/HARK}/distributions/multivariate.py (100%) rename {HARK => src/HARK}/distributions/utils.py (100%) rename {HARK => src/HARK}/econforgeinterp.py (100%) rename {HARK => src/HARK}/estimation.py (100%) rename {HARK => src/HARK}/helpers.py (100%) rename {HARK => src/HARK}/interpolation.py (100%) rename {HARK => src/HARK}/mat_methods.py (100%) rename {HARK => src/HARK}/metric.py (100%) rename {HARK => src/HARK}/model.py (100%) rename {HARK => src/HARK}/models/__init__.py (100%) rename {HARK => src/HARK}/models/consumer.py (100%) rename {HARK => src/HARK}/models/consumer.yaml (100%) rename {HARK => src/HARK}/models/fisher.py (100%) rename {HARK => src/HARK}/models/perfect_foresight.py (100%) rename {HARK => src/HARK}/models/perfect_foresight_normalized.py (100%) rename {HARK => src/HARK}/models/test_models.py (100%) rename {HARK => src/HARK}/numba_tools.py (100%) rename {HARK => src/HARK}/parallel.py (100%) rename {HARK => src/HARK}/parser.py (100%) rename {HARK => src/HARK}/rewards.py (100%) rename {HARK => src/HARK}/simulation/__init__.py (100%) rename {HARK => src/HARK}/simulation/monte_carlo.py (100%) rename {HARK => src/HARK}/simulation/test_monte_carlo.py (100%) rename {HARK => src/HARK}/tests/OpenCLtest.py (100%) rename {HARK => src/HARK}/tests/__init__.py (100%) rename {HARK => src/HARK}/tests/test_HARKutilities.py (100%) rename {HARK => src/HARK}/tests/test_TractableBufferStockModel.py (100%) rename {HARK => src/HARK}/tests/test_approxDstns.py (100%) rename {HARK => src/HARK}/tests/test_core.py (100%) rename {HARK => src/HARK}/tests/test_dcegm.py (100%) rename {HARK => src/HARK}/tests/test_discrete.py (100%) rename {HARK => src/HARK}/tests/test_distribution.py (100%) rename {HARK => src/HARK}/tests/test_econforgeinterp.py (100%) rename {HARK => src/HARK}/tests/test_interpolation.py (100%) rename {HARK => src/HARK}/tests/test_mat_methods.py (100%) rename {HARK => src/HARK}/tests/test_model.py (100%) rename {HARK => src/HARK}/tests/test_parallel.py (100%) rename {HARK => src/HARK}/tests/test_parser.py (100%) rename {HARK => src/HARK}/tests/test_simulate.py (100%) rename {HARK => src/HARK}/tests/test_validators.py (100%) rename {HARK => src/HARK}/utilities.py (100%) rename {HARK => src/HARK}/validators.py (100%) diff --git a/HARK/Calibration/Assets/AssetProcesses.py b/src/HARK/Calibration/Assets/AssetProcesses.py similarity index 100% rename from HARK/Calibration/Assets/AssetProcesses.py rename to src/HARK/Calibration/Assets/AssetProcesses.py diff --git a/HARK/Calibration/Income/IncomeProcesses.py b/src/HARK/Calibration/Income/IncomeProcesses.py similarity index 100% rename from HARK/Calibration/Income/IncomeProcesses.py rename to src/HARK/Calibration/Income/IncomeProcesses.py diff --git a/HARK/Calibration/Income/IncomeTools.py b/src/HARK/Calibration/Income/IncomeTools.py similarity index 100% rename from HARK/Calibration/Income/IncomeTools.py rename to src/HARK/Calibration/Income/IncomeTools.py diff --git a/HARK/Calibration/Income/README.md b/src/HARK/Calibration/Income/README.md similarity index 100% rename from HARK/Calibration/Income/README.md rename to src/HARK/Calibration/Income/README.md diff --git a/HARK/Calibration/Income/__init__.py b/src/HARK/Calibration/Income/__init__.py similarity index 100% rename from HARK/Calibration/Income/__init__.py rename to src/HARK/Calibration/Income/__init__.py diff --git a/HARK/Calibration/Income/tests/__init__.py b/src/HARK/Calibration/Income/tests/__init__.py similarity index 100% rename from HARK/Calibration/Income/tests/__init__.py rename to src/HARK/Calibration/Income/tests/__init__.py diff --git a/HARK/Calibration/Income/tests/test_IncomeTools.py b/src/HARK/Calibration/Income/tests/test_IncomeTools.py similarity index 100% rename from HARK/Calibration/Income/tests/test_IncomeTools.py rename to src/HARK/Calibration/Income/tests/test_IncomeTools.py diff --git a/HARK/Calibration/SCF/WealthIncomeDist/README.md b/src/HARK/Calibration/SCF/WealthIncomeDist/README.md similarity index 100% rename from HARK/Calibration/SCF/WealthIncomeDist/README.md rename to src/HARK/Calibration/SCF/WealthIncomeDist/README.md diff --git a/HARK/Calibration/SCF/WealthIncomeDist/SCFDistTools.py b/src/HARK/Calibration/SCF/WealthIncomeDist/SCFDistTools.py similarity index 100% rename from HARK/Calibration/SCF/WealthIncomeDist/SCFDistTools.py rename to src/HARK/Calibration/SCF/WealthIncomeDist/SCFDistTools.py diff --git a/HARK/Calibration/SCF/WealthIncomeDist/WealthIncomeStats.csv b/src/HARK/Calibration/SCF/WealthIncomeDist/WealthIncomeStats.csv similarity index 100% rename from HARK/Calibration/SCF/WealthIncomeDist/WealthIncomeStats.csv rename to src/HARK/Calibration/SCF/WealthIncomeDist/WealthIncomeStats.csv diff --git a/HARK/Calibration/SCF/WealthIncomeDist/__init__.py b/src/HARK/Calibration/SCF/WealthIncomeDist/__init__.py similarity index 100% rename from HARK/Calibration/SCF/WealthIncomeDist/__init__.py rename to src/HARK/Calibration/SCF/WealthIncomeDist/__init__.py diff --git a/HARK/Calibration/SCF/__init__.py b/src/HARK/Calibration/SCF/__init__.py similarity index 100% rename from HARK/Calibration/SCF/__init__.py rename to src/HARK/Calibration/SCF/__init__.py diff --git a/HARK/Calibration/__init__.py b/src/HARK/Calibration/__init__.py similarity index 100% rename from HARK/Calibration/__init__.py rename to src/HARK/Calibration/__init__.py diff --git a/HARK/Calibration/cpi/__init__.py b/src/HARK/Calibration/cpi/__init__.py similarity index 100% rename from HARK/Calibration/cpi/__init__.py rename to src/HARK/Calibration/cpi/__init__.py diff --git a/HARK/Calibration/cpi/us/CPITools.py b/src/HARK/Calibration/cpi/us/CPITools.py similarity index 100% rename from HARK/Calibration/cpi/us/CPITools.py rename to src/HARK/Calibration/cpi/us/CPITools.py diff --git a/HARK/Calibration/cpi/us/README.md b/src/HARK/Calibration/cpi/us/README.md similarity index 100% rename from HARK/Calibration/cpi/us/README.md rename to src/HARK/Calibration/cpi/us/README.md diff --git a/HARK/Calibration/cpi/us/__init__.py b/src/HARK/Calibration/cpi/us/__init__.py similarity index 100% rename from HARK/Calibration/cpi/us/__init__.py rename to src/HARK/Calibration/cpi/us/__init__.py diff --git a/HARK/Calibration/cpi/us/r-cpi-u-rs-allitems.csv b/src/HARK/Calibration/cpi/us/r-cpi-u-rs-allitems.csv similarity index 100% rename from HARK/Calibration/cpi/us/r-cpi-u-rs-allitems.csv rename to src/HARK/Calibration/cpi/us/r-cpi-u-rs-allitems.csv diff --git a/HARK/Calibration/data/EducMortAdj.txt b/src/HARK/Calibration/data/EducMortAdj.txt similarity index 100% rename from HARK/Calibration/data/EducMortAdj.txt rename to src/HARK/Calibration/data/EducMortAdj.txt diff --git a/HARK/Calibration/data/SCFwealthDataReduced.txt b/src/HARK/Calibration/data/SCFwealthDataReduced.txt similarity index 100% rename from HARK/Calibration/data/SCFwealthDataReduced.txt rename to src/HARK/Calibration/data/SCFwealthDataReduced.txt diff --git a/HARK/Calibration/data/USactuarial.txt b/src/HARK/Calibration/data/USactuarial.txt similarity index 100% rename from HARK/Calibration/data/USactuarial.txt rename to src/HARK/Calibration/data/USactuarial.txt diff --git a/HARK/Calibration/life_tables/__init__.py b/src/HARK/Calibration/life_tables/__init__.py similarity index 100% rename from HARK/Calibration/life_tables/__init__.py rename to src/HARK/Calibration/life_tables/__init__.py diff --git a/HARK/Calibration/life_tables/us_ssa/PerLifeTables_F_Alt2_TR2020.csv b/src/HARK/Calibration/life_tables/us_ssa/PerLifeTables_F_Alt2_TR2020.csv similarity index 100% rename from HARK/Calibration/life_tables/us_ssa/PerLifeTables_F_Alt2_TR2020.csv rename to src/HARK/Calibration/life_tables/us_ssa/PerLifeTables_F_Alt2_TR2020.csv diff --git a/HARK/Calibration/life_tables/us_ssa/PerLifeTables_F_Hist_TR2020.csv b/src/HARK/Calibration/life_tables/us_ssa/PerLifeTables_F_Hist_TR2020.csv similarity index 100% rename from HARK/Calibration/life_tables/us_ssa/PerLifeTables_F_Hist_TR2020.csv rename to src/HARK/Calibration/life_tables/us_ssa/PerLifeTables_F_Hist_TR2020.csv diff --git a/HARK/Calibration/life_tables/us_ssa/PerLifeTables_M_Alt2_TR2020.csv b/src/HARK/Calibration/life_tables/us_ssa/PerLifeTables_M_Alt2_TR2020.csv similarity index 100% rename from HARK/Calibration/life_tables/us_ssa/PerLifeTables_M_Alt2_TR2020.csv rename to src/HARK/Calibration/life_tables/us_ssa/PerLifeTables_M_Alt2_TR2020.csv diff --git a/HARK/Calibration/life_tables/us_ssa/PerLifeTables_M_Hist_TR2020.csv b/src/HARK/Calibration/life_tables/us_ssa/PerLifeTables_M_Hist_TR2020.csv similarity index 100% rename from HARK/Calibration/life_tables/us_ssa/PerLifeTables_M_Hist_TR2020.csv rename to src/HARK/Calibration/life_tables/us_ssa/PerLifeTables_M_Hist_TR2020.csv diff --git a/HARK/Calibration/life_tables/us_ssa/README.md b/src/HARK/Calibration/life_tables/us_ssa/README.md similarity index 100% rename from HARK/Calibration/life_tables/us_ssa/README.md rename to src/HARK/Calibration/life_tables/us_ssa/README.md diff --git a/HARK/Calibration/life_tables/us_ssa/SSATools.py b/src/HARK/Calibration/life_tables/us_ssa/SSATools.py similarity index 100% rename from HARK/Calibration/life_tables/us_ssa/SSATools.py rename to src/HARK/Calibration/life_tables/us_ssa/SSATools.py diff --git a/HARK/Calibration/life_tables/us_ssa/__init__.py b/src/HARK/Calibration/life_tables/us_ssa/__init__.py similarity index 100% rename from HARK/Calibration/life_tables/us_ssa/__init__.py rename to src/HARK/Calibration/life_tables/us_ssa/__init__.py diff --git a/HARK/Calibration/load_data.py b/src/HARK/Calibration/load_data.py similarity index 100% rename from HARK/Calibration/load_data.py rename to src/HARK/Calibration/load_data.py diff --git a/HARK/Calibration/tests/test_load_data.py b/src/HARK/Calibration/tests/test_load_data.py similarity index 100% rename from HARK/Calibration/tests/test_load_data.py rename to src/HARK/Calibration/tests/test_load_data.py diff --git a/HARK/ConsumptionSaving/ConsAggShockModel.py b/src/HARK/ConsumptionSaving/ConsAggShockModel.py similarity index 100% rename from HARK/ConsumptionSaving/ConsAggShockModel.py rename to src/HARK/ConsumptionSaving/ConsAggShockModel.py diff --git a/HARK/ConsumptionSaving/ConsBequestModel.py b/src/HARK/ConsumptionSaving/ConsBequestModel.py similarity index 100% rename from HARK/ConsumptionSaving/ConsBequestModel.py rename to src/HARK/ConsumptionSaving/ConsBequestModel.py diff --git a/HARK/ConsumptionSaving/ConsGenIncProcessModel.py b/src/HARK/ConsumptionSaving/ConsGenIncProcessModel.py similarity index 100% rename from HARK/ConsumptionSaving/ConsGenIncProcessModel.py rename to src/HARK/ConsumptionSaving/ConsGenIncProcessModel.py diff --git a/HARK/ConsumptionSaving/ConsIndShockModel.py b/src/HARK/ConsumptionSaving/ConsIndShockModel.py similarity index 100% rename from HARK/ConsumptionSaving/ConsIndShockModel.py rename to src/HARK/ConsumptionSaving/ConsIndShockModel.py diff --git a/HARK/ConsumptionSaving/ConsIndShockModelFast.py b/src/HARK/ConsumptionSaving/ConsIndShockModelFast.py similarity index 100% rename from HARK/ConsumptionSaving/ConsIndShockModelFast.py rename to src/HARK/ConsumptionSaving/ConsIndShockModelFast.py diff --git a/HARK/ConsumptionSaving/ConsLabeledModel.py b/src/HARK/ConsumptionSaving/ConsLabeledModel.py similarity index 100% rename from HARK/ConsumptionSaving/ConsLabeledModel.py rename to src/HARK/ConsumptionSaving/ConsLabeledModel.py diff --git a/HARK/ConsumptionSaving/ConsLaborModel.py b/src/HARK/ConsumptionSaving/ConsLaborModel.py similarity index 100% rename from HARK/ConsumptionSaving/ConsLaborModel.py rename to src/HARK/ConsumptionSaving/ConsLaborModel.py diff --git a/HARK/ConsumptionSaving/ConsMarkovModel.py b/src/HARK/ConsumptionSaving/ConsMarkovModel.py similarity index 100% rename from HARK/ConsumptionSaving/ConsMarkovModel.py rename to src/HARK/ConsumptionSaving/ConsMarkovModel.py diff --git a/HARK/ConsumptionSaving/ConsMedModel.py b/src/HARK/ConsumptionSaving/ConsMedModel.py similarity index 100% rename from HARK/ConsumptionSaving/ConsMedModel.py rename to src/HARK/ConsumptionSaving/ConsMedModel.py diff --git a/HARK/ConsumptionSaving/ConsNewKeynesianModel.py b/src/HARK/ConsumptionSaving/ConsNewKeynesianModel.py similarity index 100% rename from HARK/ConsumptionSaving/ConsNewKeynesianModel.py rename to src/HARK/ConsumptionSaving/ConsNewKeynesianModel.py diff --git a/HARK/ConsumptionSaving/ConsPortfolioModel.py b/src/HARK/ConsumptionSaving/ConsPortfolioModel.py similarity index 100% rename from HARK/ConsumptionSaving/ConsPortfolioModel.py rename to src/HARK/ConsumptionSaving/ConsPortfolioModel.py diff --git a/HARK/ConsumptionSaving/ConsPrefShockModel.py b/src/HARK/ConsumptionSaving/ConsPrefShockModel.py similarity index 100% rename from HARK/ConsumptionSaving/ConsPrefShockModel.py rename to src/HARK/ConsumptionSaving/ConsPrefShockModel.py diff --git a/HARK/ConsumptionSaving/ConsRepAgentModel.py b/src/HARK/ConsumptionSaving/ConsRepAgentModel.py similarity index 100% rename from HARK/ConsumptionSaving/ConsRepAgentModel.py rename to src/HARK/ConsumptionSaving/ConsRepAgentModel.py diff --git a/HARK/ConsumptionSaving/ConsRiskyAssetModel.py b/src/HARK/ConsumptionSaving/ConsRiskyAssetModel.py similarity index 100% rename from HARK/ConsumptionSaving/ConsRiskyAssetModel.py rename to src/HARK/ConsumptionSaving/ConsRiskyAssetModel.py diff --git a/HARK/ConsumptionSaving/ConsRiskyContribModel.py b/src/HARK/ConsumptionSaving/ConsRiskyContribModel.py similarity index 100% rename from HARK/ConsumptionSaving/ConsRiskyContribModel.py rename to src/HARK/ConsumptionSaving/ConsRiskyContribModel.py diff --git a/HARK/ConsumptionSaving/ConsSequentialPortfolioModel.py b/src/HARK/ConsumptionSaving/ConsSequentialPortfolioModel.py similarity index 100% rename from HARK/ConsumptionSaving/ConsSequentialPortfolioModel.py rename to src/HARK/ConsumptionSaving/ConsSequentialPortfolioModel.py diff --git a/HARK/ConsumptionSaving/ConsWealthPortfolioModel.py b/src/HARK/ConsumptionSaving/ConsWealthPortfolioModel.py similarity index 100% rename from HARK/ConsumptionSaving/ConsWealthPortfolioModel.py rename to src/HARK/ConsumptionSaving/ConsWealthPortfolioModel.py diff --git a/HARK/ConsumptionSaving/LegacyOOsolvers.py b/src/HARK/ConsumptionSaving/LegacyOOsolvers.py similarity index 100% rename from HARK/ConsumptionSaving/LegacyOOsolvers.py rename to src/HARK/ConsumptionSaving/LegacyOOsolvers.py diff --git a/HARK/ConsumptionSaving/TractableBufferStockModel.py b/src/HARK/ConsumptionSaving/TractableBufferStockModel.py similarity index 100% rename from HARK/ConsumptionSaving/TractableBufferStockModel.py rename to src/HARK/ConsumptionSaving/TractableBufferStockModel.py diff --git a/HARK/ConsumptionSaving/__init__.py b/src/HARK/ConsumptionSaving/__init__.py similarity index 100% rename from HARK/ConsumptionSaving/__init__.py rename to src/HARK/ConsumptionSaving/__init__.py diff --git a/HARK/ConsumptionSaving/tests/__init__.py b/src/HARK/ConsumptionSaving/tests/__init__.py similarity index 100% rename from HARK/ConsumptionSaving/tests/__init__.py rename to src/HARK/ConsumptionSaving/tests/__init__.py diff --git a/HARK/ConsumptionSaving/tests/test_ConsAggShockModel.py b/src/HARK/ConsumptionSaving/tests/test_ConsAggShockModel.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_ConsAggShockModel.py rename to src/HARK/ConsumptionSaving/tests/test_ConsAggShockModel.py diff --git a/HARK/ConsumptionSaving/tests/test_ConsBequestModel.py b/src/HARK/ConsumptionSaving/tests/test_ConsBequestModel.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_ConsBequestModel.py rename to src/HARK/ConsumptionSaving/tests/test_ConsBequestModel.py diff --git a/HARK/ConsumptionSaving/tests/test_ConsGenIncProcessModel.py b/src/HARK/ConsumptionSaving/tests/test_ConsGenIncProcessModel.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_ConsGenIncProcessModel.py rename to src/HARK/ConsumptionSaving/tests/test_ConsGenIncProcessModel.py diff --git a/HARK/ConsumptionSaving/tests/test_ConsLabeledModel.py b/src/HARK/ConsumptionSaving/tests/test_ConsLabeledModel.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_ConsLabeledModel.py rename to src/HARK/ConsumptionSaving/tests/test_ConsLabeledModel.py diff --git a/HARK/ConsumptionSaving/tests/test_ConsLaborModel.py b/src/HARK/ConsumptionSaving/tests/test_ConsLaborModel.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_ConsLaborModel.py rename to src/HARK/ConsumptionSaving/tests/test_ConsLaborModel.py diff --git a/HARK/ConsumptionSaving/tests/test_ConsMarkovModel.py b/src/HARK/ConsumptionSaving/tests/test_ConsMarkovModel.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_ConsMarkovModel.py rename to src/HARK/ConsumptionSaving/tests/test_ConsMarkovModel.py diff --git a/HARK/ConsumptionSaving/tests/test_ConsMedModel.py b/src/HARK/ConsumptionSaving/tests/test_ConsMedModel.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_ConsMedModel.py rename to src/HARK/ConsumptionSaving/tests/test_ConsMedModel.py diff --git a/HARK/ConsumptionSaving/tests/test_ConsNewKeynesianModel.py b/src/HARK/ConsumptionSaving/tests/test_ConsNewKeynesianModel.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_ConsNewKeynesianModel.py rename to src/HARK/ConsumptionSaving/tests/test_ConsNewKeynesianModel.py diff --git a/HARK/ConsumptionSaving/tests/test_ConsPortfolioModel.py b/src/HARK/ConsumptionSaving/tests/test_ConsPortfolioModel.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_ConsPortfolioModel.py rename to src/HARK/ConsumptionSaving/tests/test_ConsPortfolioModel.py diff --git a/HARK/ConsumptionSaving/tests/test_ConsPrefShockModel.py b/src/HARK/ConsumptionSaving/tests/test_ConsPrefShockModel.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_ConsPrefShockModel.py rename to src/HARK/ConsumptionSaving/tests/test_ConsPrefShockModel.py diff --git a/HARK/ConsumptionSaving/tests/test_ConsRepAgentModel.py b/src/HARK/ConsumptionSaving/tests/test_ConsRepAgentModel.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_ConsRepAgentModel.py rename to src/HARK/ConsumptionSaving/tests/test_ConsRepAgentModel.py diff --git a/HARK/ConsumptionSaving/tests/test_ConsRiskyAssetModel.py b/src/HARK/ConsumptionSaving/tests/test_ConsRiskyAssetModel.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_ConsRiskyAssetModel.py rename to src/HARK/ConsumptionSaving/tests/test_ConsRiskyAssetModel.py diff --git a/HARK/ConsumptionSaving/tests/test_ConsRiskyContribModel.py b/src/HARK/ConsumptionSaving/tests/test_ConsRiskyContribModel.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_ConsRiskyContribModel.py rename to src/HARK/ConsumptionSaving/tests/test_ConsRiskyContribModel.py diff --git a/HARK/ConsumptionSaving/tests/test_IndShockConsumerType.py b/src/HARK/ConsumptionSaving/tests/test_IndShockConsumerType.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_IndShockConsumerType.py rename to src/HARK/ConsumptionSaving/tests/test_IndShockConsumerType.py diff --git a/HARK/ConsumptionSaving/tests/test_IndShockConsumerTypeFast.py b/src/HARK/ConsumptionSaving/tests/test_IndShockConsumerTypeFast.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_IndShockConsumerTypeFast.py rename to src/HARK/ConsumptionSaving/tests/test_IndShockConsumerTypeFast.py diff --git a/HARK/ConsumptionSaving/tests/test_KinkedRconsumerType.py b/src/HARK/ConsumptionSaving/tests/test_KinkedRconsumerType.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_KinkedRconsumerType.py rename to src/HARK/ConsumptionSaving/tests/test_KinkedRconsumerType.py diff --git a/HARK/ConsumptionSaving/tests/test_PerfForesightConsumerType.py b/src/HARK/ConsumptionSaving/tests/test_PerfForesightConsumerType.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_PerfForesightConsumerType.py rename to src/HARK/ConsumptionSaving/tests/test_PerfForesightConsumerType.py diff --git a/HARK/ConsumptionSaving/tests/test_PerfForesightFastConsumerType.py b/src/HARK/ConsumptionSaving/tests/test_PerfForesightFastConsumerType.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_PerfForesightFastConsumerType.py rename to src/HARK/ConsumptionSaving/tests/test_PerfForesightFastConsumerType.py diff --git a/HARK/ConsumptionSaving/tests/test_SmallOpenEconomy.py b/src/HARK/ConsumptionSaving/tests/test_SmallOpenEconomy.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_SmallOpenEconomy.py rename to src/HARK/ConsumptionSaving/tests/test_SmallOpenEconomy.py diff --git a/HARK/ConsumptionSaving/tests/test_TractableBufferStockModel.py b/src/HARK/ConsumptionSaving/tests/test_TractableBufferStockModel.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_TractableBufferStockModel.py rename to src/HARK/ConsumptionSaving/tests/test_TractableBufferStockModel.py diff --git a/HARK/ConsumptionSaving/tests/test_modelInits.py b/src/HARK/ConsumptionSaving/tests/test_modelInits.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_modelInits.py rename to src/HARK/ConsumptionSaving/tests/test_modelInits.py diff --git a/HARK/ConsumptionSaving/tests/test_modelcomparisons.py b/src/HARK/ConsumptionSaving/tests/test_modelcomparisons.py similarity index 100% rename from HARK/ConsumptionSaving/tests/test_modelcomparisons.py rename to src/HARK/ConsumptionSaving/tests/test_modelcomparisons.py diff --git a/HARK/__init__.py b/src/HARK/__init__.py similarity index 100% rename from HARK/__init__.py rename to src/HARK/__init__.py diff --git a/HARK/core.py b/src/HARK/core.py similarity index 100% rename from HARK/core.py rename to src/HARK/core.py diff --git a/HARK/dcegm.py b/src/HARK/dcegm.py similarity index 100% rename from HARK/dcegm.py rename to src/HARK/dcegm.py diff --git a/HARK/distributions/__init__.py b/src/HARK/distributions/__init__.py similarity index 100% rename from HARK/distributions/__init__.py rename to src/HARK/distributions/__init__.py diff --git a/HARK/distributions/base.py b/src/HARK/distributions/base.py similarity index 100% rename from HARK/distributions/base.py rename to src/HARK/distributions/base.py diff --git a/HARK/distributions/continuous.py b/src/HARK/distributions/continuous.py similarity index 100% rename from HARK/distributions/continuous.py rename to src/HARK/distributions/continuous.py diff --git a/HARK/distributions/discrete.py b/src/HARK/distributions/discrete.py similarity index 100% rename from HARK/distributions/discrete.py rename to src/HARK/distributions/discrete.py diff --git a/HARK/distributions/multivariate.py b/src/HARK/distributions/multivariate.py similarity index 100% rename from HARK/distributions/multivariate.py rename to src/HARK/distributions/multivariate.py diff --git a/HARK/distributions/utils.py b/src/HARK/distributions/utils.py similarity index 100% rename from HARK/distributions/utils.py rename to src/HARK/distributions/utils.py diff --git a/HARK/econforgeinterp.py b/src/HARK/econforgeinterp.py similarity index 100% rename from HARK/econforgeinterp.py rename to src/HARK/econforgeinterp.py diff --git a/HARK/estimation.py b/src/HARK/estimation.py similarity index 100% rename from HARK/estimation.py rename to src/HARK/estimation.py diff --git a/HARK/helpers.py b/src/HARK/helpers.py similarity index 100% rename from HARK/helpers.py rename to src/HARK/helpers.py diff --git a/HARK/interpolation.py b/src/HARK/interpolation.py similarity index 100% rename from HARK/interpolation.py rename to src/HARK/interpolation.py diff --git a/HARK/mat_methods.py b/src/HARK/mat_methods.py similarity index 100% rename from HARK/mat_methods.py rename to src/HARK/mat_methods.py diff --git a/HARK/metric.py b/src/HARK/metric.py similarity index 100% rename from HARK/metric.py rename to src/HARK/metric.py diff --git a/HARK/model.py b/src/HARK/model.py similarity index 100% rename from HARK/model.py rename to src/HARK/model.py diff --git a/HARK/models/__init__.py b/src/HARK/models/__init__.py similarity index 100% rename from HARK/models/__init__.py rename to src/HARK/models/__init__.py diff --git a/HARK/models/consumer.py b/src/HARK/models/consumer.py similarity index 100% rename from HARK/models/consumer.py rename to src/HARK/models/consumer.py diff --git a/HARK/models/consumer.yaml b/src/HARK/models/consumer.yaml similarity index 100% rename from HARK/models/consumer.yaml rename to src/HARK/models/consumer.yaml diff --git a/HARK/models/fisher.py b/src/HARK/models/fisher.py similarity index 100% rename from HARK/models/fisher.py rename to src/HARK/models/fisher.py diff --git a/HARK/models/perfect_foresight.py b/src/HARK/models/perfect_foresight.py similarity index 100% rename from HARK/models/perfect_foresight.py rename to src/HARK/models/perfect_foresight.py diff --git a/HARK/models/perfect_foresight_normalized.py b/src/HARK/models/perfect_foresight_normalized.py similarity index 100% rename from HARK/models/perfect_foresight_normalized.py rename to src/HARK/models/perfect_foresight_normalized.py diff --git a/HARK/models/test_models.py b/src/HARK/models/test_models.py similarity index 100% rename from HARK/models/test_models.py rename to src/HARK/models/test_models.py diff --git a/HARK/numba_tools.py b/src/HARK/numba_tools.py similarity index 100% rename from HARK/numba_tools.py rename to src/HARK/numba_tools.py diff --git a/HARK/parallel.py b/src/HARK/parallel.py similarity index 100% rename from HARK/parallel.py rename to src/HARK/parallel.py diff --git a/HARK/parser.py b/src/HARK/parser.py similarity index 100% rename from HARK/parser.py rename to src/HARK/parser.py diff --git a/HARK/rewards.py b/src/HARK/rewards.py similarity index 100% rename from HARK/rewards.py rename to src/HARK/rewards.py diff --git a/HARK/simulation/__init__.py b/src/HARK/simulation/__init__.py similarity index 100% rename from HARK/simulation/__init__.py rename to src/HARK/simulation/__init__.py diff --git a/HARK/simulation/monte_carlo.py b/src/HARK/simulation/monte_carlo.py similarity index 100% rename from HARK/simulation/monte_carlo.py rename to src/HARK/simulation/monte_carlo.py diff --git a/HARK/simulation/test_monte_carlo.py b/src/HARK/simulation/test_monte_carlo.py similarity index 100% rename from HARK/simulation/test_monte_carlo.py rename to src/HARK/simulation/test_monte_carlo.py diff --git a/HARK/tests/OpenCLtest.py b/src/HARK/tests/OpenCLtest.py similarity index 100% rename from HARK/tests/OpenCLtest.py rename to src/HARK/tests/OpenCLtest.py diff --git a/HARK/tests/__init__.py b/src/HARK/tests/__init__.py similarity index 100% rename from HARK/tests/__init__.py rename to src/HARK/tests/__init__.py diff --git a/HARK/tests/test_HARKutilities.py b/src/HARK/tests/test_HARKutilities.py similarity index 100% rename from HARK/tests/test_HARKutilities.py rename to src/HARK/tests/test_HARKutilities.py diff --git a/HARK/tests/test_TractableBufferStockModel.py b/src/HARK/tests/test_TractableBufferStockModel.py similarity index 100% rename from HARK/tests/test_TractableBufferStockModel.py rename to src/HARK/tests/test_TractableBufferStockModel.py diff --git a/HARK/tests/test_approxDstns.py b/src/HARK/tests/test_approxDstns.py similarity index 100% rename from HARK/tests/test_approxDstns.py rename to src/HARK/tests/test_approxDstns.py diff --git a/HARK/tests/test_core.py b/src/HARK/tests/test_core.py similarity index 100% rename from HARK/tests/test_core.py rename to src/HARK/tests/test_core.py diff --git a/HARK/tests/test_dcegm.py b/src/HARK/tests/test_dcegm.py similarity index 100% rename from HARK/tests/test_dcegm.py rename to src/HARK/tests/test_dcegm.py diff --git a/HARK/tests/test_discrete.py b/src/HARK/tests/test_discrete.py similarity index 100% rename from HARK/tests/test_discrete.py rename to src/HARK/tests/test_discrete.py diff --git a/HARK/tests/test_distribution.py b/src/HARK/tests/test_distribution.py similarity index 100% rename from HARK/tests/test_distribution.py rename to src/HARK/tests/test_distribution.py diff --git a/HARK/tests/test_econforgeinterp.py b/src/HARK/tests/test_econforgeinterp.py similarity index 100% rename from HARK/tests/test_econforgeinterp.py rename to src/HARK/tests/test_econforgeinterp.py diff --git a/HARK/tests/test_interpolation.py b/src/HARK/tests/test_interpolation.py similarity index 100% rename from HARK/tests/test_interpolation.py rename to src/HARK/tests/test_interpolation.py diff --git a/HARK/tests/test_mat_methods.py b/src/HARK/tests/test_mat_methods.py similarity index 100% rename from HARK/tests/test_mat_methods.py rename to src/HARK/tests/test_mat_methods.py diff --git a/HARK/tests/test_model.py b/src/HARK/tests/test_model.py similarity index 100% rename from HARK/tests/test_model.py rename to src/HARK/tests/test_model.py diff --git a/HARK/tests/test_parallel.py b/src/HARK/tests/test_parallel.py similarity index 100% rename from HARK/tests/test_parallel.py rename to src/HARK/tests/test_parallel.py diff --git a/HARK/tests/test_parser.py b/src/HARK/tests/test_parser.py similarity index 100% rename from HARK/tests/test_parser.py rename to src/HARK/tests/test_parser.py diff --git a/HARK/tests/test_simulate.py b/src/HARK/tests/test_simulate.py similarity index 100% rename from HARK/tests/test_simulate.py rename to src/HARK/tests/test_simulate.py diff --git a/HARK/tests/test_validators.py b/src/HARK/tests/test_validators.py similarity index 100% rename from HARK/tests/test_validators.py rename to src/HARK/tests/test_validators.py diff --git a/HARK/utilities.py b/src/HARK/utilities.py similarity index 100% rename from HARK/utilities.py rename to src/HARK/utilities.py diff --git a/HARK/validators.py b/src/HARK/validators.py similarity index 100% rename from HARK/validators.py rename to src/HARK/validators.py From 64de24102a4478eb196b7bbc5777fb83b6b744b8 Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Tue, 19 Nov 2024 10:22:11 -0500 Subject: [PATCH 02/23] move to docs --- {Documentation => docs}/CHANGELOG.md | 0 {Documentation => docs}/ConsumptionSavingModels.pdf | Bin {Documentation => docs}/Makefile | 0 {Documentation => docs}/NARK/.latexmkrc | 0 .../NARK/@resources-update-from-remote_private.sh | 0 .../bash/@resources-update-from-remote_private.sh | 0 .../NARK/@resources/symbols-mapping-latex.tex | 0 .../NARK/@resources/symbols-mapping-prettify | 0 .../NARK/@resources/symbols-mapping.bash | 0 .../NARK/@resources/tex-add-search-paths.tex | 0 .../NARK/@resources/texlive/texmf-local/LICENSE | 0 .../NARK/@resources/texlive/texmf-local/README.md | 0 .../texlive/texmf-local/bibtex/bib/econark.bib | 0 .../texlive/texmf-local/bibtex/bib/system.bib | 0 .../texlive/texmf-local/bibtex/bst/abbrvnat.bst | 0 .../texlive/texmf-local/bibtex/bst/plainnat.bst | 0 .../texlive/texmf-local/bibtex/bst/unsrtnat.bst | 0 .../NARK/@resources/texlive/texmf-local/latexmkrc | 0 .../@resources/texlive/texmf-local/scripts/.gitkeep | 0 .../texlive/texmf-local/scripts/de-macro/de-macro | 0 .../texlive/texmf-local/tex/latex/README.md | 0 .../texmf-local/tex/latex/econark-make4ht.sty | 0 .../texmf-local/tex/latex/econark-multibib.sty | 0 .../texmf-local/tex/latex/econark-onlyinsubfile.sty | 0 .../texmf-local/tex/latex/econark-titlepage.sty | 0 .../texlive/texmf-local/tex/latex/econark.cls | 0 .../texlive/texmf-local/tex/latex/econark.sty | 0 .../texmf-local/tex/latex/llorracc-handouts.sty | 0 .../texmf-local/tex/latex/pdfsuppressruntime.sty | 0 .../tex4ht_and_table_of_content_issues_fix.cfg | 0 .../@resources/texlive/texmf-local/web2c/.gitkeep | 0 {Documentation => docs}/NARK/LaTeX/NARK-Add.bib | 0 {Documentation => docs}/NARK/LaTeX/NARK.bib | 0 {Documentation => docs}/NARK/LaTeX/NARK.dep | 0 {Documentation => docs}/NARK/LaTeX/NARK.pdf | Bin {Documentation => docs}/NARK/LaTeX/economics.bib | 0 {Documentation => docs}/NARK/NARK-Add.bib | 0 {Documentation => docs}/NARK/NARK.dep | 0 {Documentation => docs}/NARK/NARK.pdf | Bin {Documentation => docs}/NARK/NARK.tex | 0 .../NARK/Resources/.git-public-commit | 0 .../NARK/Resources/.git-source-commit | 0 .../LaTeXInputs/BufferStockTheory-tikz.sty | 0 .../Resources/LaTeXInputs/BufferStockTheory.sty | 0 .../Resources/LaTeXInputs/econtex_onlyinsubfile.tex | 0 .../NARK/Resources/PoweredByEconARK.pdf | Bin .../NARK/Resources/PoweredByEconARK.svg | 0 .../NARK/Resources/econ-ark-logo-small.png | Bin .../NARK/Resources/econ-ark-logo-small.xbb | 0 .../NARK/Resources/econtexPaths.tex | 0 {Documentation => docs}/NARK/Resources/owner.tex | 0 .../NARK/Resources/texmf-local/README.md | 0 .../Resources/texmf-local/bibtex/bib/economics.bib | 0 .../Resources/texmf-local/bibtex/bst/econtex.bst | 0 .../Resources/texmf-local/bibtex/bst/handout.bst | 0 .../texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst | 0 .../NARK/Resources/texmf-local/ls-R | 0 .../Resources/texmf-local/tex/latex/ReadMe.texmf | 0 .../texmf-local/tex/latex/articleNoRefHead.cls | 0 .../Resources/texmf-local/tex/latex/bibMake.tex | 0 .../Resources/texmf-local/tex/latex/cvBibMake.tex | 0 .../Resources/texmf-local/tex/latex/econtex.cls | 0 .../Resources/texmf-local/tex/latex/econtex.sty | 0 .../texmf-local/tex/latex/econtexBibMake.tex | 0 .../texmf-local/tex/latex/econtexSetup.sty | 0 .../texmf-local/tex/latex/econtexShortcuts.sty | 0 .../Resources/texmf-local/tex/latex/handout.cls | 0 .../Resources/texmf-local/tex/latex/handout.sty | 0 .../texmf-local/tex/latex/handoutBibMake.tex | 0 .../texmf-local/tex/latex/handoutSetup.sty | 0 .../texmf-local/tex/latex/handoutShortcuts.sty | 0 .../texmf-local/tex/latex/makePostHandoutsStart.tex | 0 .../Resources/texmf-local/tex/latex/printvrb.sty | 0 .../Resources/texmf-local/tex/latex/snapshot.sty | 0 .../texmf-local/tex/latex/tex4ht/pictureenv.4ht | 0 .../latex/tex4ht/svg-math-and-subfigures-README.md | 0 .../tex/latex/tex4ht/svg-math-and-subfigures.cfg | 0 .../tex/latex/tex4ht/svg-math-and-subfigures.tex | 0 .../tex/latex/tex4ht/svg-set-size-to-1p0.mk4 | 0 .../tex/latex/tex4ht/svg-set-size-to-1p1.mk4 | 0 .../tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 | 0 .../tex/latex/tex4ht/svg-set-size-to-1p2.mk4 | 0 .../tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 | 0 .../tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 | 0 .../texmf-local/tex/latex/tex4htMakeCFG.sh | 0 .../Resources/texmf-local/tex/latex/titlesec.sty | 0 .../Resources/texmf-local/texmf-local/README.md | 0 .../texmf-local/bibtex/bib/economics.bib | 0 .../texmf-local/texmf-local/bibtex/bst/econtex.bst | 0 .../texmf-local/texmf-local/bibtex/bst/handout.bst | 0 .../texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst | 0 .../NARK/Resources/texmf-local/texmf-local/ls-R | 0 .../texmf-local/texmf-local/tex/latex/ReadMe.texmf | 0 .../texmf-local/tex/latex/articleNoRefHead.cls | 0 .../texmf-local/texmf-local/tex/latex/bibMake.tex | 0 .../texmf-local/texmf-local/tex/latex/cvBibMake.tex | 0 .../texmf-local/texmf-local/tex/latex/econtex.cls | 0 .../texmf-local/texmf-local/tex/latex/econtex.sty | 0 .../texmf-local/tex/latex/econtexBibMake.tex | 0 .../texmf-local/tex/latex/econtexSetup.sty | 0 .../texmf-local/tex/latex/econtexShortcuts.sty | 0 .../texmf-local/texmf-local/tex/latex/handout.cls | 0 .../texmf-local/texmf-local/tex/latex/handout.sty | 0 .../texmf-local/tex/latex/handoutBibMake.tex | 0 .../texmf-local/tex/latex/handoutSetup.sty | 0 .../texmf-local/tex/latex/handoutShortcuts.sty | 0 .../texmf-local/tex/latex/makePostHandoutsStart.tex | 0 .../texmf-local/texmf-local/tex/latex/printvrb.sty | 0 .../texmf-local/texmf-local/tex/latex/snapshot.sty | 0 .../texmf-local/tex/latex/tex4ht/pictureenv.4ht | 0 .../latex/tex4ht/svg-math-and-subfigures-README.md | 0 .../tex/latex/tex4ht/svg-math-and-subfigures.cfg | 0 .../tex/latex/tex4ht/svg-math-and-subfigures.tex | 0 .../tex/latex/tex4ht/svg-set-size-to-1p0.mk4 | 0 .../tex/latex/tex4ht/svg-set-size-to-1p1.mk4 | 0 .../tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 | 0 .../tex/latex/tex4ht/svg-set-size-to-1p2.mk4 | 0 .../tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 | 0 .../tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 | 0 .../texmf-local/tex/latex/tex4htMakeCFG.sh | 0 .../texmf-local/texmf-local/tex/latex/titlesec.sty | 0 .../texmf-local/texmf-local/web2c/texmf.cnf | 0 .../NARK/Resources/texmf-local/web2c/texmf.cnf | 0 {Documentation => docs}/NARK/texmf-local/LICENSE | 0 {Documentation => docs}/NARK/texmf-local/README.md | 0 .../NARK/texmf-local/bibtex/bib/econark.bib | 0 .../NARK/texmf-local/bibtex/bib/economics.bib | 0 .../NARK/texmf-local/bibtex/bib/system.bib | 0 .../NARK/texmf-local/bibtex/bst/abbrvnat.bst | 0 .../NARK/texmf-local/bibtex/bst/econtex.bst | 0 .../NARK/texmf-local/bibtex/bst/handout.bst | 0 .../NARK/texmf-local/bibtex/bst/plainnat.bst | 0 .../NARK/texmf-local/bibtex/bst/unsrtnat.bst | 0 .../texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst | 0 {Documentation => docs}/NARK/texmf-local/latexmkrc | 0 .../NARK/texmf-local/tex/latex/articleNoRefHead.cls | 0 .../NARK/texmf-local/tex/latex/bibMake.tex | 0 .../texmf-local/tex/latex/bibliography_blend.tex | 0 .../NARK/texmf-local/tex/latex/cvBibMake.tex | 0 .../NARK/texmf-local/tex/latex/econark-make4ht.sty | 0 .../NARK/texmf-local/tex/latex/econtex.cls | 0 .../NARK/texmf-local/tex/latex/econtex.sty | 0 .../NARK/texmf-local/tex/latex/econtexBibMake.tex | 0 .../NARK/texmf-local/tex/latex/econtexSetup.sty | 0 .../NARK/texmf-local/tex/latex/econtexShortcuts.sty | 0 .../tex/latex/handout-no-natbib-no-hyperref.cls | 0 .../texmf-local/tex/latex/handout-no-natbib.cls | 0 .../NARK/texmf-local/tex/latex/handout.cls | 0 .../NARK/texmf-local/tex/latex/handout.sty | 0 .../NARK/texmf-local/tex/latex/handoutBibMake.tex | 0 .../tex/latex/handoutSetup-no-hyperref.sty | 0 .../NARK/texmf-local/tex/latex/handoutSetup.sty | 0 .../NARK/texmf-local/tex/latex/handoutShortcuts.sty | 0 .../texmf-local/tex/latex/makePostHandoutsStart.tex | 0 .../texmf-local/tex/latex/pdfsuppressruntime.sty | 0 .../NARK/texmf-local/tex/latex/subfiles.4ht | 0 .../latex/tex4ht/fix-domfilter-parsing-problems.cfg | 0 .../tex4ht/fix-domfilter-parsing-problems_README.md | 0 .../texmf-local/tex/latex/tex4ht/pictureenv.4ht | 0 .../latex/tex4ht/svg-math-and-subfigures-README.md | 0 .../tex/latex/tex4ht/svg-math-and-subfigures.cfg | 0 ...nd-subfigures_fix-dmofilter-parsing-problems.cfg | 0 .../latex/tex4ht/svg-math-and-subfigures_html5.cfg | 0 ...-subfigures_tex4ht-and-table-of-contents-fix.cfg | 0 .../latex/tex4ht/svg-math-and-subfigures_xhtml.cfg | 0 .../tex/latex/tex4ht/svg-set-size-to-1p0.mk4 | 0 .../tex/latex/tex4ht/svg-set-size-to-1p1.mk4 | 0 .../tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 | 0 .../tex/latex/tex4ht/svg-set-size-to-1p2.mk4 | 0 .../tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 | 0 .../tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 | 0 .../tex4ht_and_table_of_content_issues_fix.cfg | 0 .../NARK/texmf-local/tex/latex/tex4htMakeCFG.sh | 0 .../NARK/texmf-local/tex/latex/titlesec.sty | 0 .../NARK/texmf-local/web2c/texmf.cnf | 0 {Documentation => docs}/Style.tex.txt | 0 {Documentation => docs}/conf.py | 0 .../example_notebooks/Include_list.txt | 2 +- {Documentation => docs}/guides/contributing.md | 0 {Documentation => docs}/guides/index.rst | 0 {Documentation => docs}/guides/installation.md | 0 {Documentation => docs}/guides/quick_start.md | 0 {Documentation => docs}/images/econ-ark-logo.png | Bin {Documentation => docs}/images/numfocus-logo.png | Bin .../images/usage-agent-problem-bellman-form.png | Bin .../images/usage-crra-utility-function.png | Bin {Documentation => docs}/index_core.rst | 0 {Documentation => docs}/license.md | 0 {Documentation => docs}/make.bat | 0 {Documentation => docs}/overview/ARKitecture.md | 0 {Documentation => docs}/overview/index.rst | 0 {Documentation => docs}/overview/introduction.md | 0 .../ConsumptionSaving/ConsAggShockModel.rst | 0 .../ConsumptionSaving/ConsBequestModel.rst | 0 .../ConsumptionSaving/ConsGenIncProcessModel.rst | 0 .../ConsumptionSaving/ConsIndShockModel.rst | 0 .../ConsumptionSaving/ConsIndShockModelFast.rst | 0 .../reference/ConsumptionSaving/ConsLaborModel.rst | 0 .../reference/ConsumptionSaving/ConsMarkovModel.rst | 0 .../reference/ConsumptionSaving/ConsMedModel.rst | 0 .../ConsumptionSaving/ConsPortfolioModel.rst | 0 .../ConsumptionSaving/ConsPrefShochModel.rst | 0 .../ConsumptionSaving/ConsRepAgentModel.rst | 0 .../ConsumptionSaving/ConsRiskyAssetModel.rst | 0 .../ConsumptionSaving/ConsRiskyContribModel.rst | 0 .../ConsumptionSaving/TractableBufferStockModel.rst | 0 .../reference/ConsumptionSaving/index.rst | 0 {Documentation => docs}/reference/index.rst | 0 {Documentation => docs}/reference/tools/core.rst | 0 {Documentation => docs}/reference/tools/dcegm.rst | 0 .../reference/tools/distribution.rst | 0 .../reference/tools/econforgeinterp.rst | 0 .../reference/tools/estimation.rst | 0 {Documentation => docs}/reference/tools/helpers.rst | 0 .../reference/tools/incomeprocess.rst | 0 {Documentation => docs}/reference/tools/index.rst | 0 .../reference/tools/interpolation.rst | 0 {Documentation => docs}/reference/tools/model.rst | 0 .../reference/tools/numba_tools.rst | 0 .../reference/tools/parallel.rst | 0 {Documentation => docs}/reference/tools/rewards.rst | 0 .../reference/tools/simulation.rst | 0 .../reference/tools/utilities.rst | 0 .../reference/tools/validators.rst | 0 .../texmf-local/bibtex/bib/economics-UTF8.bib | 0 .../texmf-local/bibtex/bib/economics.bib | 0 .../texmf-local/bibtex/bst/econtex.bst | 0 .../texmf-local/bibtex/bst/handout.bst | 0 .../texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst | 0 {Documentation => docs}/texmf-local/ls-R | 0 .../texmf-local/tex/latex/ReadMe.texmf | 0 .../texmf-local/tex/latex/articleNoRefHead.cls | 0 .../texmf-local/tex/latex/bibMake.tex | 0 .../texmf-local/tex/latex/cvBibMake.tex | 0 .../texmf-local/tex/latex/econtex.cls | 0 .../texmf-local/tex/latex/econtex.sty | 0 .../texmf-local/tex/latex/econtexBibMake.tex | 0 .../texmf-local/tex/latex/econtexSetup.sty | 0 .../texmf-local/tex/latex/econtexShortcuts.sty | 0 .../texmf-local/tex/latex/handout.cls | 0 .../texmf-local/tex/latex/handout.sty | 0 .../texmf-local/tex/latex/handoutBibMake.tex | 0 .../texmf-local/tex/latex/handoutSetup.sty | 0 .../texmf-local/tex/latex/handoutshortcuts.sty | 0 .../texmf-local/tex/latex/makePostHandoutsStart.tex | 0 .../texmf-local/tex/latex/printvrb.sty | 0 .../texmf-local/tex/latex/snapshot.sty | 0 .../texmf-local/tex/latex/tex4ht/pictureenv.4ht | 0 .../tex/latex/tex4ht/svg-math-and-subfigures.cfg | 0 .../tex/latex/tex4ht/svg-set-size-to-1p0.mk4 | 0 .../texmf-local/tex/latex/tex4htMakeCFG.sh | 0 .../tex/latex/texmf-local/tex/latex/econtex.cls | 0 .../tex/latex/texmf-local/tex/latex/econtex.sty | 0 .../latex/texmf-local/tex/latex/econtexBibMake.tex | 0 .../latex/texmf-local/tex/latex/econtexSetup.sty | 0 .../texmf-local/tex/latex/econtexShortcuts.sty | 0 .../tex/latex/texmf-local/tex/latex/handout.cls | 0 .../latex/texmf-local/tex/latex/handoutSetup.sty | 0 .../texmf-local/tex/latex/handoutShortcuts.sty | 0 .../texmf-local/tex/latex/titlesec.sty | 0 {Documentation => docs}/texmf-local/web2c/texmf.cnf | 0 261 files changed, 1 insertion(+), 1 deletion(-) rename {Documentation => docs}/CHANGELOG.md (100%) rename {Documentation => docs}/ConsumptionSavingModels.pdf (100%) rename {Documentation => docs}/Makefile (100%) rename {Documentation => docs}/NARK/.latexmkrc (100%) rename {Documentation => docs}/NARK/@resources-update-from-remote_private.sh (100%) rename {Documentation => docs}/NARK/@resources/bash/@resources-update-from-remote_private.sh (100%) rename {Documentation => docs}/NARK/@resources/symbols-mapping-latex.tex (100%) rename {Documentation => docs}/NARK/@resources/symbols-mapping-prettify (100%) rename {Documentation => docs}/NARK/@resources/symbols-mapping.bash (100%) rename {Documentation => docs}/NARK/@resources/tex-add-search-paths.tex (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/LICENSE (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/README.md (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/bibtex/bib/econark.bib (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/bibtex/bib/system.bib (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/bibtex/bst/abbrvnat.bst (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/bibtex/bst/plainnat.bst (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/bibtex/bst/unsrtnat.bst (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/latexmkrc (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/scripts/.gitkeep (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/scripts/de-macro/de-macro (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/tex/latex/README.md (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/tex/latex/econark-make4ht.sty (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/tex/latex/econark-multibib.sty (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/tex/latex/econark-onlyinsubfile.sty (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/tex/latex/econark-titlepage.sty (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/tex/latex/econark.cls (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/tex/latex/econark.sty (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/tex/latex/llorracc-handouts.sty (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/tex/latex/pdfsuppressruntime.sty (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/tex/latex/tex4ht/tex4ht_and_table_of_content_issues_fix.cfg (100%) rename {Documentation => docs}/NARK/@resources/texlive/texmf-local/web2c/.gitkeep (100%) rename {Documentation => docs}/NARK/LaTeX/NARK-Add.bib (100%) rename {Documentation => docs}/NARK/LaTeX/NARK.bib (100%) rename {Documentation => docs}/NARK/LaTeX/NARK.dep (100%) rename {Documentation => docs}/NARK/LaTeX/NARK.pdf (100%) rename {Documentation => docs}/NARK/LaTeX/economics.bib (100%) rename {Documentation => docs}/NARK/NARK-Add.bib (100%) rename {Documentation => docs}/NARK/NARK.dep (100%) rename {Documentation => docs}/NARK/NARK.pdf (100%) rename {Documentation => docs}/NARK/NARK.tex (100%) rename {Documentation => docs}/NARK/Resources/.git-public-commit (100%) rename {Documentation => docs}/NARK/Resources/.git-source-commit (100%) rename {Documentation => docs}/NARK/Resources/LaTeXInputs/BufferStockTheory-tikz.sty (100%) rename {Documentation => docs}/NARK/Resources/LaTeXInputs/BufferStockTheory.sty (100%) rename {Documentation => docs}/NARK/Resources/LaTeXInputs/econtex_onlyinsubfile.tex (100%) rename {Documentation => docs}/NARK/Resources/PoweredByEconARK.pdf (100%) rename {Documentation => docs}/NARK/Resources/PoweredByEconARK.svg (100%) rename {Documentation => docs}/NARK/Resources/econ-ark-logo-small.png (100%) rename {Documentation => docs}/NARK/Resources/econ-ark-logo-small.xbb (100%) rename {Documentation => docs}/NARK/Resources/econtexPaths.tex (100%) rename {Documentation => docs}/NARK/Resources/owner.tex (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/README.md (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/bibtex/bib/economics.bib (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/bibtex/bst/econtex.bst (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/bibtex/bst/handout.bst (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/ls-R (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/ReadMe.texmf (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/articleNoRefHead.cls (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/bibMake.tex (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/cvBibMake.tex (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/econtex.cls (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/econtex.sty (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/econtexBibMake.tex (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/econtexSetup.sty (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/econtexShortcuts.sty (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/handout.cls (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/handout.sty (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/handoutBibMake.tex (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/handoutSetup.sty (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/handoutShortcuts.sty (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/makePostHandoutsStart.tex (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/printvrb.sty (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/snapshot.sty (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/tex4ht/pictureenv.4ht (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.tex (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/tex4htMakeCFG.sh (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/tex/latex/titlesec.sty (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/README.md (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/bibtex/bib/economics.bib (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/bibtex/bst/econtex.bst (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/bibtex/bst/handout.bst (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/ls-R (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/ReadMe.texmf (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/articleNoRefHead.cls (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/bibMake.tex (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/cvBibMake.tex (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/econtex.cls (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/econtex.sty (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexBibMake.tex (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexSetup.sty (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexShortcuts.sty (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/handout.cls (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/handout.sty (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutBibMake.tex (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutSetup.sty (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutShortcuts.sty (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/makePostHandoutsStart.tex (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/printvrb.sty (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/snapshot.sty (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/pictureenv.4ht (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.tex (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4htMakeCFG.sh (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/tex/latex/titlesec.sty (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/texmf-local/web2c/texmf.cnf (100%) rename {Documentation => docs}/NARK/Resources/texmf-local/web2c/texmf.cnf (100%) rename {Documentation => docs}/NARK/texmf-local/LICENSE (100%) rename {Documentation => docs}/NARK/texmf-local/README.md (100%) rename {Documentation => docs}/NARK/texmf-local/bibtex/bib/econark.bib (100%) rename {Documentation => docs}/NARK/texmf-local/bibtex/bib/economics.bib (100%) rename {Documentation => docs}/NARK/texmf-local/bibtex/bib/system.bib (100%) rename {Documentation => docs}/NARK/texmf-local/bibtex/bst/abbrvnat.bst (100%) rename {Documentation => docs}/NARK/texmf-local/bibtex/bst/econtex.bst (100%) rename {Documentation => docs}/NARK/texmf-local/bibtex/bst/handout.bst (100%) rename {Documentation => docs}/NARK/texmf-local/bibtex/bst/plainnat.bst (100%) rename {Documentation => docs}/NARK/texmf-local/bibtex/bst/unsrtnat.bst (100%) rename {Documentation => docs}/NARK/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst (100%) rename {Documentation => docs}/NARK/texmf-local/latexmkrc (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/articleNoRefHead.cls (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/bibMake.tex (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/bibliography_blend.tex (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/cvBibMake.tex (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/econark-make4ht.sty (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/econtex.cls (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/econtex.sty (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/econtexBibMake.tex (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/econtexSetup.sty (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/econtexShortcuts.sty (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/handout-no-natbib-no-hyperref.cls (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/handout-no-natbib.cls (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/handout.cls (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/handout.sty (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/handoutBibMake.tex (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/handoutSetup-no-hyperref.sty (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/handoutSetup.sty (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/handoutShortcuts.sty (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/makePostHandoutsStart.tex (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/pdfsuppressruntime.sty (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/subfiles.4ht (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/tex4ht/fix-domfilter-parsing-problems.cfg (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/tex4ht/fix-domfilter-parsing-problems_README.md (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/tex4ht/pictureenv.4ht (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_fix-dmofilter-parsing-problems.cfg (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_html5.cfg (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_tex4ht-and-table-of-contents-fix.cfg (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_xhtml.cfg (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/tex4ht/tex4ht_and_table_of_content_issues_fix.cfg (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/tex4htMakeCFG.sh (100%) rename {Documentation => docs}/NARK/texmf-local/tex/latex/titlesec.sty (100%) rename {Documentation => docs}/NARK/texmf-local/web2c/texmf.cnf (100%) rename {Documentation => docs}/Style.tex.txt (100%) rename {Documentation => docs}/conf.py (100%) rename {Documentation => docs}/example_notebooks/Include_list.txt (93%) rename {Documentation => docs}/guides/contributing.md (100%) rename {Documentation => docs}/guides/index.rst (100%) rename {Documentation => docs}/guides/installation.md (100%) rename {Documentation => docs}/guides/quick_start.md (100%) rename {Documentation => docs}/images/econ-ark-logo.png (100%) rename {Documentation => docs}/images/numfocus-logo.png (100%) rename {Documentation => docs}/images/usage-agent-problem-bellman-form.png (100%) rename {Documentation => docs}/images/usage-crra-utility-function.png (100%) rename {Documentation => docs}/index_core.rst (100%) rename {Documentation => docs}/license.md (100%) rename {Documentation => docs}/make.bat (100%) rename {Documentation => docs}/overview/ARKitecture.md (100%) rename {Documentation => docs}/overview/index.rst (100%) rename {Documentation => docs}/overview/introduction.md (100%) rename {Documentation => docs}/reference/ConsumptionSaving/ConsAggShockModel.rst (100%) rename {Documentation => docs}/reference/ConsumptionSaving/ConsBequestModel.rst (100%) rename {Documentation => docs}/reference/ConsumptionSaving/ConsGenIncProcessModel.rst (100%) rename {Documentation => docs}/reference/ConsumptionSaving/ConsIndShockModel.rst (100%) rename {Documentation => docs}/reference/ConsumptionSaving/ConsIndShockModelFast.rst (100%) rename {Documentation => docs}/reference/ConsumptionSaving/ConsLaborModel.rst (100%) rename {Documentation => docs}/reference/ConsumptionSaving/ConsMarkovModel.rst (100%) rename {Documentation => docs}/reference/ConsumptionSaving/ConsMedModel.rst (100%) rename {Documentation => docs}/reference/ConsumptionSaving/ConsPortfolioModel.rst (100%) rename {Documentation => docs}/reference/ConsumptionSaving/ConsPrefShochModel.rst (100%) rename {Documentation => docs}/reference/ConsumptionSaving/ConsRepAgentModel.rst (100%) rename {Documentation => docs}/reference/ConsumptionSaving/ConsRiskyAssetModel.rst (100%) rename {Documentation => docs}/reference/ConsumptionSaving/ConsRiskyContribModel.rst (100%) rename {Documentation => docs}/reference/ConsumptionSaving/TractableBufferStockModel.rst (100%) rename {Documentation => docs}/reference/ConsumptionSaving/index.rst (100%) rename {Documentation => docs}/reference/index.rst (100%) rename {Documentation => docs}/reference/tools/core.rst (100%) rename {Documentation => docs}/reference/tools/dcegm.rst (100%) rename {Documentation => docs}/reference/tools/distribution.rst (100%) rename {Documentation => docs}/reference/tools/econforgeinterp.rst (100%) rename {Documentation => docs}/reference/tools/estimation.rst (100%) rename {Documentation => docs}/reference/tools/helpers.rst (100%) rename {Documentation => docs}/reference/tools/incomeprocess.rst (100%) rename {Documentation => docs}/reference/tools/index.rst (100%) rename {Documentation => docs}/reference/tools/interpolation.rst (100%) rename {Documentation => docs}/reference/tools/model.rst (100%) rename {Documentation => docs}/reference/tools/numba_tools.rst (100%) rename {Documentation => docs}/reference/tools/parallel.rst (100%) rename {Documentation => docs}/reference/tools/rewards.rst (100%) rename {Documentation => docs}/reference/tools/simulation.rst (100%) rename {Documentation => docs}/reference/tools/utilities.rst (100%) rename {Documentation => docs}/reference/tools/validators.rst (100%) rename {Documentation => docs}/texmf-local/bibtex/bib/economics-UTF8.bib (100%) rename {Documentation => docs}/texmf-local/bibtex/bib/economics.bib (100%) rename {Documentation => docs}/texmf-local/bibtex/bst/econtex.bst (100%) rename {Documentation => docs}/texmf-local/bibtex/bst/handout.bst (100%) rename {Documentation => docs}/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst (100%) rename {Documentation => docs}/texmf-local/ls-R (100%) rename {Documentation => docs}/texmf-local/tex/latex/ReadMe.texmf (100%) rename {Documentation => docs}/texmf-local/tex/latex/articleNoRefHead.cls (100%) rename {Documentation => docs}/texmf-local/tex/latex/bibMake.tex (100%) rename {Documentation => docs}/texmf-local/tex/latex/cvBibMake.tex (100%) rename {Documentation => docs}/texmf-local/tex/latex/econtex.cls (100%) rename {Documentation => docs}/texmf-local/tex/latex/econtex.sty (100%) rename {Documentation => docs}/texmf-local/tex/latex/econtexBibMake.tex (100%) rename {Documentation => docs}/texmf-local/tex/latex/econtexSetup.sty (100%) rename {Documentation => docs}/texmf-local/tex/latex/econtexShortcuts.sty (100%) rename {Documentation => docs}/texmf-local/tex/latex/handout.cls (100%) rename {Documentation => docs}/texmf-local/tex/latex/handout.sty (100%) rename {Documentation => docs}/texmf-local/tex/latex/handoutBibMake.tex (100%) rename {Documentation => docs}/texmf-local/tex/latex/handoutSetup.sty (100%) rename {Documentation => docs}/texmf-local/tex/latex/handoutshortcuts.sty (100%) rename {Documentation => docs}/texmf-local/tex/latex/makePostHandoutsStart.tex (100%) rename {Documentation => docs}/texmf-local/tex/latex/printvrb.sty (100%) rename {Documentation => docs}/texmf-local/tex/latex/snapshot.sty (100%) rename {Documentation => docs}/texmf-local/tex/latex/tex4ht/pictureenv.4ht (100%) rename {Documentation => docs}/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg (100%) rename {Documentation => docs}/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 (100%) rename {Documentation => docs}/texmf-local/tex/latex/tex4htMakeCFG.sh (100%) rename {Documentation => docs}/texmf-local/tex/latex/texmf-local/tex/latex/econtex.cls (100%) rename {Documentation => docs}/texmf-local/tex/latex/texmf-local/tex/latex/econtex.sty (100%) rename {Documentation => docs}/texmf-local/tex/latex/texmf-local/tex/latex/econtexBibMake.tex (100%) rename {Documentation => docs}/texmf-local/tex/latex/texmf-local/tex/latex/econtexSetup.sty (100%) rename {Documentation => docs}/texmf-local/tex/latex/texmf-local/tex/latex/econtexShortcuts.sty (100%) rename {Documentation => docs}/texmf-local/tex/latex/texmf-local/tex/latex/handout.cls (100%) rename {Documentation => docs}/texmf-local/tex/latex/texmf-local/tex/latex/handoutSetup.sty (100%) rename {Documentation => docs}/texmf-local/tex/latex/texmf-local/tex/latex/handoutShortcuts.sty (100%) rename {Documentation => docs}/texmf-local/tex/latex/titlesec.sty (100%) rename {Documentation => docs}/texmf-local/web2c/texmf.cnf (100%) diff --git a/Documentation/CHANGELOG.md b/docs/CHANGELOG.md similarity index 100% rename from Documentation/CHANGELOG.md rename to docs/CHANGELOG.md diff --git a/Documentation/ConsumptionSavingModels.pdf b/docs/ConsumptionSavingModels.pdf similarity index 100% rename from Documentation/ConsumptionSavingModels.pdf rename to docs/ConsumptionSavingModels.pdf diff --git a/Documentation/Makefile b/docs/Makefile similarity index 100% rename from Documentation/Makefile rename to docs/Makefile diff --git a/Documentation/NARK/.latexmkrc b/docs/NARK/.latexmkrc similarity index 100% rename from Documentation/NARK/.latexmkrc rename to docs/NARK/.latexmkrc diff --git a/Documentation/NARK/@resources-update-from-remote_private.sh b/docs/NARK/@resources-update-from-remote_private.sh similarity index 100% rename from Documentation/NARK/@resources-update-from-remote_private.sh rename to docs/NARK/@resources-update-from-remote_private.sh diff --git a/Documentation/NARK/@resources/bash/@resources-update-from-remote_private.sh b/docs/NARK/@resources/bash/@resources-update-from-remote_private.sh similarity index 100% rename from Documentation/NARK/@resources/bash/@resources-update-from-remote_private.sh rename to docs/NARK/@resources/bash/@resources-update-from-remote_private.sh diff --git a/Documentation/NARK/@resources/symbols-mapping-latex.tex b/docs/NARK/@resources/symbols-mapping-latex.tex similarity index 100% rename from Documentation/NARK/@resources/symbols-mapping-latex.tex rename to docs/NARK/@resources/symbols-mapping-latex.tex diff --git a/Documentation/NARK/@resources/symbols-mapping-prettify b/docs/NARK/@resources/symbols-mapping-prettify similarity index 100% rename from Documentation/NARK/@resources/symbols-mapping-prettify rename to docs/NARK/@resources/symbols-mapping-prettify diff --git a/Documentation/NARK/@resources/symbols-mapping.bash b/docs/NARK/@resources/symbols-mapping.bash similarity index 100% rename from Documentation/NARK/@resources/symbols-mapping.bash rename to docs/NARK/@resources/symbols-mapping.bash diff --git a/Documentation/NARK/@resources/tex-add-search-paths.tex b/docs/NARK/@resources/tex-add-search-paths.tex similarity index 100% rename from Documentation/NARK/@resources/tex-add-search-paths.tex rename to docs/NARK/@resources/tex-add-search-paths.tex diff --git a/Documentation/NARK/@resources/texlive/texmf-local/LICENSE b/docs/NARK/@resources/texlive/texmf-local/LICENSE similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/LICENSE rename to docs/NARK/@resources/texlive/texmf-local/LICENSE diff --git a/Documentation/NARK/@resources/texlive/texmf-local/README.md b/docs/NARK/@resources/texlive/texmf-local/README.md similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/README.md rename to docs/NARK/@resources/texlive/texmf-local/README.md diff --git a/Documentation/NARK/@resources/texlive/texmf-local/bibtex/bib/econark.bib b/docs/NARK/@resources/texlive/texmf-local/bibtex/bib/econark.bib similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/bibtex/bib/econark.bib rename to docs/NARK/@resources/texlive/texmf-local/bibtex/bib/econark.bib diff --git a/Documentation/NARK/@resources/texlive/texmf-local/bibtex/bib/system.bib b/docs/NARK/@resources/texlive/texmf-local/bibtex/bib/system.bib similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/bibtex/bib/system.bib rename to docs/NARK/@resources/texlive/texmf-local/bibtex/bib/system.bib diff --git a/Documentation/NARK/@resources/texlive/texmf-local/bibtex/bst/abbrvnat.bst b/docs/NARK/@resources/texlive/texmf-local/bibtex/bst/abbrvnat.bst similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/bibtex/bst/abbrvnat.bst rename to docs/NARK/@resources/texlive/texmf-local/bibtex/bst/abbrvnat.bst diff --git a/Documentation/NARK/@resources/texlive/texmf-local/bibtex/bst/plainnat.bst b/docs/NARK/@resources/texlive/texmf-local/bibtex/bst/plainnat.bst similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/bibtex/bst/plainnat.bst rename to docs/NARK/@resources/texlive/texmf-local/bibtex/bst/plainnat.bst diff --git a/Documentation/NARK/@resources/texlive/texmf-local/bibtex/bst/unsrtnat.bst b/docs/NARK/@resources/texlive/texmf-local/bibtex/bst/unsrtnat.bst similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/bibtex/bst/unsrtnat.bst rename to docs/NARK/@resources/texlive/texmf-local/bibtex/bst/unsrtnat.bst diff --git a/Documentation/NARK/@resources/texlive/texmf-local/latexmkrc b/docs/NARK/@resources/texlive/texmf-local/latexmkrc similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/latexmkrc rename to docs/NARK/@resources/texlive/texmf-local/latexmkrc diff --git a/Documentation/NARK/@resources/texlive/texmf-local/scripts/.gitkeep b/docs/NARK/@resources/texlive/texmf-local/scripts/.gitkeep similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/scripts/.gitkeep rename to docs/NARK/@resources/texlive/texmf-local/scripts/.gitkeep diff --git a/Documentation/NARK/@resources/texlive/texmf-local/scripts/de-macro/de-macro b/docs/NARK/@resources/texlive/texmf-local/scripts/de-macro/de-macro similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/scripts/de-macro/de-macro rename to docs/NARK/@resources/texlive/texmf-local/scripts/de-macro/de-macro diff --git a/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/README.md b/docs/NARK/@resources/texlive/texmf-local/tex/latex/README.md similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/tex/latex/README.md rename to docs/NARK/@resources/texlive/texmf-local/tex/latex/README.md diff --git a/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/econark-make4ht.sty b/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-make4ht.sty similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/tex/latex/econark-make4ht.sty rename to docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-make4ht.sty diff --git a/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/econark-multibib.sty b/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-multibib.sty similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/tex/latex/econark-multibib.sty rename to docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-multibib.sty diff --git a/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/econark-onlyinsubfile.sty b/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-onlyinsubfile.sty similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/tex/latex/econark-onlyinsubfile.sty rename to docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-onlyinsubfile.sty diff --git a/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/econark-titlepage.sty b/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-titlepage.sty similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/tex/latex/econark-titlepage.sty rename to docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-titlepage.sty diff --git a/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/econark.cls b/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark.cls similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/tex/latex/econark.cls rename to docs/NARK/@resources/texlive/texmf-local/tex/latex/econark.cls diff --git a/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/econark.sty b/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark.sty similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/tex/latex/econark.sty rename to docs/NARK/@resources/texlive/texmf-local/tex/latex/econark.sty diff --git a/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/llorracc-handouts.sty b/docs/NARK/@resources/texlive/texmf-local/tex/latex/llorracc-handouts.sty similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/tex/latex/llorracc-handouts.sty rename to docs/NARK/@resources/texlive/texmf-local/tex/latex/llorracc-handouts.sty diff --git a/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/pdfsuppressruntime.sty b/docs/NARK/@resources/texlive/texmf-local/tex/latex/pdfsuppressruntime.sty similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/tex/latex/pdfsuppressruntime.sty rename to docs/NARK/@resources/texlive/texmf-local/tex/latex/pdfsuppressruntime.sty diff --git a/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/tex4ht/tex4ht_and_table_of_content_issues_fix.cfg b/docs/NARK/@resources/texlive/texmf-local/tex/latex/tex4ht/tex4ht_and_table_of_content_issues_fix.cfg similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/tex/latex/tex4ht/tex4ht_and_table_of_content_issues_fix.cfg rename to docs/NARK/@resources/texlive/texmf-local/tex/latex/tex4ht/tex4ht_and_table_of_content_issues_fix.cfg diff --git a/Documentation/NARK/@resources/texlive/texmf-local/web2c/.gitkeep b/docs/NARK/@resources/texlive/texmf-local/web2c/.gitkeep similarity index 100% rename from Documentation/NARK/@resources/texlive/texmf-local/web2c/.gitkeep rename to docs/NARK/@resources/texlive/texmf-local/web2c/.gitkeep diff --git a/Documentation/NARK/LaTeX/NARK-Add.bib b/docs/NARK/LaTeX/NARK-Add.bib similarity index 100% rename from Documentation/NARK/LaTeX/NARK-Add.bib rename to docs/NARK/LaTeX/NARK-Add.bib diff --git a/Documentation/NARK/LaTeX/NARK.bib b/docs/NARK/LaTeX/NARK.bib similarity index 100% rename from Documentation/NARK/LaTeX/NARK.bib rename to docs/NARK/LaTeX/NARK.bib diff --git a/Documentation/NARK/LaTeX/NARK.dep b/docs/NARK/LaTeX/NARK.dep similarity index 100% rename from Documentation/NARK/LaTeX/NARK.dep rename to docs/NARK/LaTeX/NARK.dep diff --git a/Documentation/NARK/LaTeX/NARK.pdf b/docs/NARK/LaTeX/NARK.pdf similarity index 100% rename from Documentation/NARK/LaTeX/NARK.pdf rename to docs/NARK/LaTeX/NARK.pdf diff --git a/Documentation/NARK/LaTeX/economics.bib b/docs/NARK/LaTeX/economics.bib similarity index 100% rename from Documentation/NARK/LaTeX/economics.bib rename to docs/NARK/LaTeX/economics.bib diff --git a/Documentation/NARK/NARK-Add.bib b/docs/NARK/NARK-Add.bib similarity index 100% rename from Documentation/NARK/NARK-Add.bib rename to docs/NARK/NARK-Add.bib diff --git a/Documentation/NARK/NARK.dep b/docs/NARK/NARK.dep similarity index 100% rename from Documentation/NARK/NARK.dep rename to docs/NARK/NARK.dep diff --git a/Documentation/NARK/NARK.pdf b/docs/NARK/NARK.pdf similarity index 100% rename from Documentation/NARK/NARK.pdf rename to docs/NARK/NARK.pdf diff --git a/Documentation/NARK/NARK.tex b/docs/NARK/NARK.tex similarity index 100% rename from Documentation/NARK/NARK.tex rename to docs/NARK/NARK.tex diff --git a/Documentation/NARK/Resources/.git-public-commit b/docs/NARK/Resources/.git-public-commit similarity index 100% rename from Documentation/NARK/Resources/.git-public-commit rename to docs/NARK/Resources/.git-public-commit diff --git a/Documentation/NARK/Resources/.git-source-commit b/docs/NARK/Resources/.git-source-commit similarity index 100% rename from Documentation/NARK/Resources/.git-source-commit rename to docs/NARK/Resources/.git-source-commit diff --git a/Documentation/NARK/Resources/LaTeXInputs/BufferStockTheory-tikz.sty b/docs/NARK/Resources/LaTeXInputs/BufferStockTheory-tikz.sty similarity index 100% rename from Documentation/NARK/Resources/LaTeXInputs/BufferStockTheory-tikz.sty rename to docs/NARK/Resources/LaTeXInputs/BufferStockTheory-tikz.sty diff --git a/Documentation/NARK/Resources/LaTeXInputs/BufferStockTheory.sty b/docs/NARK/Resources/LaTeXInputs/BufferStockTheory.sty similarity index 100% rename from Documentation/NARK/Resources/LaTeXInputs/BufferStockTheory.sty rename to docs/NARK/Resources/LaTeXInputs/BufferStockTheory.sty diff --git a/Documentation/NARK/Resources/LaTeXInputs/econtex_onlyinsubfile.tex b/docs/NARK/Resources/LaTeXInputs/econtex_onlyinsubfile.tex similarity index 100% rename from Documentation/NARK/Resources/LaTeXInputs/econtex_onlyinsubfile.tex rename to docs/NARK/Resources/LaTeXInputs/econtex_onlyinsubfile.tex diff --git a/Documentation/NARK/Resources/PoweredByEconARK.pdf b/docs/NARK/Resources/PoweredByEconARK.pdf similarity index 100% rename from Documentation/NARK/Resources/PoweredByEconARK.pdf rename to docs/NARK/Resources/PoweredByEconARK.pdf diff --git a/Documentation/NARK/Resources/PoweredByEconARK.svg b/docs/NARK/Resources/PoweredByEconARK.svg similarity index 100% rename from Documentation/NARK/Resources/PoweredByEconARK.svg rename to docs/NARK/Resources/PoweredByEconARK.svg diff --git a/Documentation/NARK/Resources/econ-ark-logo-small.png b/docs/NARK/Resources/econ-ark-logo-small.png similarity index 100% rename from Documentation/NARK/Resources/econ-ark-logo-small.png rename to docs/NARK/Resources/econ-ark-logo-small.png diff --git a/Documentation/NARK/Resources/econ-ark-logo-small.xbb b/docs/NARK/Resources/econ-ark-logo-small.xbb similarity index 100% rename from Documentation/NARK/Resources/econ-ark-logo-small.xbb rename to docs/NARK/Resources/econ-ark-logo-small.xbb diff --git a/Documentation/NARK/Resources/econtexPaths.tex b/docs/NARK/Resources/econtexPaths.tex similarity index 100% rename from Documentation/NARK/Resources/econtexPaths.tex rename to docs/NARK/Resources/econtexPaths.tex diff --git a/Documentation/NARK/Resources/owner.tex b/docs/NARK/Resources/owner.tex similarity index 100% rename from Documentation/NARK/Resources/owner.tex rename to docs/NARK/Resources/owner.tex diff --git a/Documentation/NARK/Resources/texmf-local/README.md b/docs/NARK/Resources/texmf-local/README.md similarity index 100% rename from Documentation/NARK/Resources/texmf-local/README.md rename to docs/NARK/Resources/texmf-local/README.md diff --git a/Documentation/NARK/Resources/texmf-local/bibtex/bib/economics.bib b/docs/NARK/Resources/texmf-local/bibtex/bib/economics.bib similarity index 100% rename from Documentation/NARK/Resources/texmf-local/bibtex/bib/economics.bib rename to docs/NARK/Resources/texmf-local/bibtex/bib/economics.bib diff --git a/Documentation/NARK/Resources/texmf-local/bibtex/bst/econtex.bst b/docs/NARK/Resources/texmf-local/bibtex/bst/econtex.bst similarity index 100% rename from Documentation/NARK/Resources/texmf-local/bibtex/bst/econtex.bst rename to docs/NARK/Resources/texmf-local/bibtex/bst/econtex.bst diff --git a/Documentation/NARK/Resources/texmf-local/bibtex/bst/handout.bst b/docs/NARK/Resources/texmf-local/bibtex/bst/handout.bst similarity index 100% rename from Documentation/NARK/Resources/texmf-local/bibtex/bst/handout.bst rename to docs/NARK/Resources/texmf-local/bibtex/bst/handout.bst diff --git a/Documentation/NARK/Resources/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst b/docs/NARK/Resources/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst similarity index 100% rename from Documentation/NARK/Resources/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst rename to docs/NARK/Resources/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst diff --git a/Documentation/NARK/Resources/texmf-local/ls-R b/docs/NARK/Resources/texmf-local/ls-R similarity index 100% rename from Documentation/NARK/Resources/texmf-local/ls-R rename to docs/NARK/Resources/texmf-local/ls-R diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/ReadMe.texmf b/docs/NARK/Resources/texmf-local/tex/latex/ReadMe.texmf similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/ReadMe.texmf rename to docs/NARK/Resources/texmf-local/tex/latex/ReadMe.texmf diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/articleNoRefHead.cls b/docs/NARK/Resources/texmf-local/tex/latex/articleNoRefHead.cls similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/articleNoRefHead.cls rename to docs/NARK/Resources/texmf-local/tex/latex/articleNoRefHead.cls diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/bibMake.tex b/docs/NARK/Resources/texmf-local/tex/latex/bibMake.tex similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/bibMake.tex rename to docs/NARK/Resources/texmf-local/tex/latex/bibMake.tex diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/cvBibMake.tex b/docs/NARK/Resources/texmf-local/tex/latex/cvBibMake.tex similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/cvBibMake.tex rename to docs/NARK/Resources/texmf-local/tex/latex/cvBibMake.tex diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/econtex.cls b/docs/NARK/Resources/texmf-local/tex/latex/econtex.cls similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/econtex.cls rename to docs/NARK/Resources/texmf-local/tex/latex/econtex.cls diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/econtex.sty b/docs/NARK/Resources/texmf-local/tex/latex/econtex.sty similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/econtex.sty rename to docs/NARK/Resources/texmf-local/tex/latex/econtex.sty diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/econtexBibMake.tex b/docs/NARK/Resources/texmf-local/tex/latex/econtexBibMake.tex similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/econtexBibMake.tex rename to docs/NARK/Resources/texmf-local/tex/latex/econtexBibMake.tex diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/econtexSetup.sty b/docs/NARK/Resources/texmf-local/tex/latex/econtexSetup.sty similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/econtexSetup.sty rename to docs/NARK/Resources/texmf-local/tex/latex/econtexSetup.sty diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/econtexShortcuts.sty b/docs/NARK/Resources/texmf-local/tex/latex/econtexShortcuts.sty similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/econtexShortcuts.sty rename to docs/NARK/Resources/texmf-local/tex/latex/econtexShortcuts.sty diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/handout.cls b/docs/NARK/Resources/texmf-local/tex/latex/handout.cls similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/handout.cls rename to docs/NARK/Resources/texmf-local/tex/latex/handout.cls diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/handout.sty b/docs/NARK/Resources/texmf-local/tex/latex/handout.sty similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/handout.sty rename to docs/NARK/Resources/texmf-local/tex/latex/handout.sty diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/handoutBibMake.tex b/docs/NARK/Resources/texmf-local/tex/latex/handoutBibMake.tex similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/handoutBibMake.tex rename to docs/NARK/Resources/texmf-local/tex/latex/handoutBibMake.tex diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/handoutSetup.sty b/docs/NARK/Resources/texmf-local/tex/latex/handoutSetup.sty similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/handoutSetup.sty rename to docs/NARK/Resources/texmf-local/tex/latex/handoutSetup.sty diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/handoutShortcuts.sty b/docs/NARK/Resources/texmf-local/tex/latex/handoutShortcuts.sty similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/handoutShortcuts.sty rename to docs/NARK/Resources/texmf-local/tex/latex/handoutShortcuts.sty diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/makePostHandoutsStart.tex b/docs/NARK/Resources/texmf-local/tex/latex/makePostHandoutsStart.tex similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/makePostHandoutsStart.tex rename to docs/NARK/Resources/texmf-local/tex/latex/makePostHandoutsStart.tex diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/printvrb.sty b/docs/NARK/Resources/texmf-local/tex/latex/printvrb.sty similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/printvrb.sty rename to docs/NARK/Resources/texmf-local/tex/latex/printvrb.sty diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/snapshot.sty b/docs/NARK/Resources/texmf-local/tex/latex/snapshot.sty similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/snapshot.sty rename to docs/NARK/Resources/texmf-local/tex/latex/snapshot.sty diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/pictureenv.4ht b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/pictureenv.4ht similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/pictureenv.4ht rename to docs/NARK/Resources/texmf-local/tex/latex/tex4ht/pictureenv.4ht diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md rename to docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg rename to docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.tex b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.tex similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.tex rename to docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.tex diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 rename to docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 rename to docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 rename to docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 rename to docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 rename to docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 rename to docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/tex4htMakeCFG.sh b/docs/NARK/Resources/texmf-local/tex/latex/tex4htMakeCFG.sh similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/tex4htMakeCFG.sh rename to docs/NARK/Resources/texmf-local/tex/latex/tex4htMakeCFG.sh diff --git a/Documentation/NARK/Resources/texmf-local/tex/latex/titlesec.sty b/docs/NARK/Resources/texmf-local/tex/latex/titlesec.sty similarity index 100% rename from Documentation/NARK/Resources/texmf-local/tex/latex/titlesec.sty rename to docs/NARK/Resources/texmf-local/tex/latex/titlesec.sty diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/README.md b/docs/NARK/Resources/texmf-local/texmf-local/README.md similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/README.md rename to docs/NARK/Resources/texmf-local/texmf-local/README.md diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/bibtex/bib/economics.bib b/docs/NARK/Resources/texmf-local/texmf-local/bibtex/bib/economics.bib similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/bibtex/bib/economics.bib rename to docs/NARK/Resources/texmf-local/texmf-local/bibtex/bib/economics.bib diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/bibtex/bst/econtex.bst b/docs/NARK/Resources/texmf-local/texmf-local/bibtex/bst/econtex.bst similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/bibtex/bst/econtex.bst rename to docs/NARK/Resources/texmf-local/texmf-local/bibtex/bst/econtex.bst diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/bibtex/bst/handout.bst b/docs/NARK/Resources/texmf-local/texmf-local/bibtex/bst/handout.bst similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/bibtex/bst/handout.bst rename to docs/NARK/Resources/texmf-local/texmf-local/bibtex/bst/handout.bst diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst b/docs/NARK/Resources/texmf-local/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst rename to docs/NARK/Resources/texmf-local/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/ls-R b/docs/NARK/Resources/texmf-local/texmf-local/ls-R similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/ls-R rename to docs/NARK/Resources/texmf-local/texmf-local/ls-R diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/ReadMe.texmf b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/ReadMe.texmf similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/ReadMe.texmf rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/ReadMe.texmf diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/articleNoRefHead.cls b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/articleNoRefHead.cls similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/articleNoRefHead.cls rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/articleNoRefHead.cls diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/bibMake.tex b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/bibMake.tex similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/bibMake.tex rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/bibMake.tex diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/cvBibMake.tex b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/cvBibMake.tex similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/cvBibMake.tex rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/cvBibMake.tex diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/econtex.cls b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtex.cls similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/econtex.cls rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtex.cls diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/econtex.sty b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtex.sty similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/econtex.sty rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtex.sty diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexBibMake.tex b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexBibMake.tex similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexBibMake.tex rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexBibMake.tex diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexSetup.sty b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexSetup.sty similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexSetup.sty rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexSetup.sty diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexShortcuts.sty b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexShortcuts.sty similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexShortcuts.sty rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexShortcuts.sty diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/handout.cls b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handout.cls similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/handout.cls rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handout.cls diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/handout.sty b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handout.sty similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/handout.sty rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handout.sty diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutBibMake.tex b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutBibMake.tex similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutBibMake.tex rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutBibMake.tex diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutSetup.sty b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutSetup.sty similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutSetup.sty rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutSetup.sty diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutShortcuts.sty b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutShortcuts.sty similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutShortcuts.sty rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutShortcuts.sty diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/makePostHandoutsStart.tex b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/makePostHandoutsStart.tex similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/makePostHandoutsStart.tex rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/makePostHandoutsStart.tex diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/printvrb.sty b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/printvrb.sty similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/printvrb.sty rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/printvrb.sty diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/snapshot.sty b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/snapshot.sty similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/snapshot.sty rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/snapshot.sty diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/pictureenv.4ht b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/pictureenv.4ht similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/pictureenv.4ht rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/pictureenv.4ht diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.tex b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.tex similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.tex rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.tex diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4htMakeCFG.sh b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4htMakeCFG.sh similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4htMakeCFG.sh rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4htMakeCFG.sh diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/titlesec.sty b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/titlesec.sty similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/tex/latex/titlesec.sty rename to docs/NARK/Resources/texmf-local/texmf-local/tex/latex/titlesec.sty diff --git a/Documentation/NARK/Resources/texmf-local/texmf-local/web2c/texmf.cnf b/docs/NARK/Resources/texmf-local/texmf-local/web2c/texmf.cnf similarity index 100% rename from Documentation/NARK/Resources/texmf-local/texmf-local/web2c/texmf.cnf rename to docs/NARK/Resources/texmf-local/texmf-local/web2c/texmf.cnf diff --git a/Documentation/NARK/Resources/texmf-local/web2c/texmf.cnf b/docs/NARK/Resources/texmf-local/web2c/texmf.cnf similarity index 100% rename from Documentation/NARK/Resources/texmf-local/web2c/texmf.cnf rename to docs/NARK/Resources/texmf-local/web2c/texmf.cnf diff --git a/Documentation/NARK/texmf-local/LICENSE b/docs/NARK/texmf-local/LICENSE similarity index 100% rename from Documentation/NARK/texmf-local/LICENSE rename to docs/NARK/texmf-local/LICENSE diff --git a/Documentation/NARK/texmf-local/README.md b/docs/NARK/texmf-local/README.md similarity index 100% rename from Documentation/NARK/texmf-local/README.md rename to docs/NARK/texmf-local/README.md diff --git a/Documentation/NARK/texmf-local/bibtex/bib/econark.bib b/docs/NARK/texmf-local/bibtex/bib/econark.bib similarity index 100% rename from Documentation/NARK/texmf-local/bibtex/bib/econark.bib rename to docs/NARK/texmf-local/bibtex/bib/econark.bib diff --git a/Documentation/NARK/texmf-local/bibtex/bib/economics.bib b/docs/NARK/texmf-local/bibtex/bib/economics.bib similarity index 100% rename from Documentation/NARK/texmf-local/bibtex/bib/economics.bib rename to docs/NARK/texmf-local/bibtex/bib/economics.bib diff --git a/Documentation/NARK/texmf-local/bibtex/bib/system.bib b/docs/NARK/texmf-local/bibtex/bib/system.bib similarity index 100% rename from Documentation/NARK/texmf-local/bibtex/bib/system.bib rename to docs/NARK/texmf-local/bibtex/bib/system.bib diff --git a/Documentation/NARK/texmf-local/bibtex/bst/abbrvnat.bst b/docs/NARK/texmf-local/bibtex/bst/abbrvnat.bst similarity index 100% rename from Documentation/NARK/texmf-local/bibtex/bst/abbrvnat.bst rename to docs/NARK/texmf-local/bibtex/bst/abbrvnat.bst diff --git a/Documentation/NARK/texmf-local/bibtex/bst/econtex.bst b/docs/NARK/texmf-local/bibtex/bst/econtex.bst similarity index 100% rename from Documentation/NARK/texmf-local/bibtex/bst/econtex.bst rename to docs/NARK/texmf-local/bibtex/bst/econtex.bst diff --git a/Documentation/NARK/texmf-local/bibtex/bst/handout.bst b/docs/NARK/texmf-local/bibtex/bst/handout.bst similarity index 100% rename from Documentation/NARK/texmf-local/bibtex/bst/handout.bst rename to docs/NARK/texmf-local/bibtex/bst/handout.bst diff --git a/Documentation/NARK/texmf-local/bibtex/bst/plainnat.bst b/docs/NARK/texmf-local/bibtex/bst/plainnat.bst similarity index 100% rename from Documentation/NARK/texmf-local/bibtex/bst/plainnat.bst rename to docs/NARK/texmf-local/bibtex/bst/plainnat.bst diff --git a/Documentation/NARK/texmf-local/bibtex/bst/unsrtnat.bst b/docs/NARK/texmf-local/bibtex/bst/unsrtnat.bst similarity index 100% rename from Documentation/NARK/texmf-local/bibtex/bst/unsrtnat.bst rename to docs/NARK/texmf-local/bibtex/bst/unsrtnat.bst diff --git a/Documentation/NARK/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst b/docs/NARK/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst similarity index 100% rename from Documentation/NARK/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst rename to docs/NARK/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst diff --git a/Documentation/NARK/texmf-local/latexmkrc b/docs/NARK/texmf-local/latexmkrc similarity index 100% rename from Documentation/NARK/texmf-local/latexmkrc rename to docs/NARK/texmf-local/latexmkrc diff --git a/Documentation/NARK/texmf-local/tex/latex/articleNoRefHead.cls b/docs/NARK/texmf-local/tex/latex/articleNoRefHead.cls similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/articleNoRefHead.cls rename to docs/NARK/texmf-local/tex/latex/articleNoRefHead.cls diff --git a/Documentation/NARK/texmf-local/tex/latex/bibMake.tex b/docs/NARK/texmf-local/tex/latex/bibMake.tex similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/bibMake.tex rename to docs/NARK/texmf-local/tex/latex/bibMake.tex diff --git a/Documentation/NARK/texmf-local/tex/latex/bibliography_blend.tex b/docs/NARK/texmf-local/tex/latex/bibliography_blend.tex similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/bibliography_blend.tex rename to docs/NARK/texmf-local/tex/latex/bibliography_blend.tex diff --git a/Documentation/NARK/texmf-local/tex/latex/cvBibMake.tex b/docs/NARK/texmf-local/tex/latex/cvBibMake.tex similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/cvBibMake.tex rename to docs/NARK/texmf-local/tex/latex/cvBibMake.tex diff --git a/Documentation/NARK/texmf-local/tex/latex/econark-make4ht.sty b/docs/NARK/texmf-local/tex/latex/econark-make4ht.sty similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/econark-make4ht.sty rename to docs/NARK/texmf-local/tex/latex/econark-make4ht.sty diff --git a/Documentation/NARK/texmf-local/tex/latex/econtex.cls b/docs/NARK/texmf-local/tex/latex/econtex.cls similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/econtex.cls rename to docs/NARK/texmf-local/tex/latex/econtex.cls diff --git a/Documentation/NARK/texmf-local/tex/latex/econtex.sty b/docs/NARK/texmf-local/tex/latex/econtex.sty similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/econtex.sty rename to docs/NARK/texmf-local/tex/latex/econtex.sty diff --git a/Documentation/NARK/texmf-local/tex/latex/econtexBibMake.tex b/docs/NARK/texmf-local/tex/latex/econtexBibMake.tex similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/econtexBibMake.tex rename to docs/NARK/texmf-local/tex/latex/econtexBibMake.tex diff --git a/Documentation/NARK/texmf-local/tex/latex/econtexSetup.sty b/docs/NARK/texmf-local/tex/latex/econtexSetup.sty similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/econtexSetup.sty rename to docs/NARK/texmf-local/tex/latex/econtexSetup.sty diff --git a/Documentation/NARK/texmf-local/tex/latex/econtexShortcuts.sty b/docs/NARK/texmf-local/tex/latex/econtexShortcuts.sty similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/econtexShortcuts.sty rename to docs/NARK/texmf-local/tex/latex/econtexShortcuts.sty diff --git a/Documentation/NARK/texmf-local/tex/latex/handout-no-natbib-no-hyperref.cls b/docs/NARK/texmf-local/tex/latex/handout-no-natbib-no-hyperref.cls similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/handout-no-natbib-no-hyperref.cls rename to docs/NARK/texmf-local/tex/latex/handout-no-natbib-no-hyperref.cls diff --git a/Documentation/NARK/texmf-local/tex/latex/handout-no-natbib.cls b/docs/NARK/texmf-local/tex/latex/handout-no-natbib.cls similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/handout-no-natbib.cls rename to docs/NARK/texmf-local/tex/latex/handout-no-natbib.cls diff --git a/Documentation/NARK/texmf-local/tex/latex/handout.cls b/docs/NARK/texmf-local/tex/latex/handout.cls similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/handout.cls rename to docs/NARK/texmf-local/tex/latex/handout.cls diff --git a/Documentation/NARK/texmf-local/tex/latex/handout.sty b/docs/NARK/texmf-local/tex/latex/handout.sty similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/handout.sty rename to docs/NARK/texmf-local/tex/latex/handout.sty diff --git a/Documentation/NARK/texmf-local/tex/latex/handoutBibMake.tex b/docs/NARK/texmf-local/tex/latex/handoutBibMake.tex similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/handoutBibMake.tex rename to docs/NARK/texmf-local/tex/latex/handoutBibMake.tex diff --git a/Documentation/NARK/texmf-local/tex/latex/handoutSetup-no-hyperref.sty b/docs/NARK/texmf-local/tex/latex/handoutSetup-no-hyperref.sty similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/handoutSetup-no-hyperref.sty rename to docs/NARK/texmf-local/tex/latex/handoutSetup-no-hyperref.sty diff --git a/Documentation/NARK/texmf-local/tex/latex/handoutSetup.sty b/docs/NARK/texmf-local/tex/latex/handoutSetup.sty similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/handoutSetup.sty rename to docs/NARK/texmf-local/tex/latex/handoutSetup.sty diff --git a/Documentation/NARK/texmf-local/tex/latex/handoutShortcuts.sty b/docs/NARK/texmf-local/tex/latex/handoutShortcuts.sty similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/handoutShortcuts.sty rename to docs/NARK/texmf-local/tex/latex/handoutShortcuts.sty diff --git a/Documentation/NARK/texmf-local/tex/latex/makePostHandoutsStart.tex b/docs/NARK/texmf-local/tex/latex/makePostHandoutsStart.tex similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/makePostHandoutsStart.tex rename to docs/NARK/texmf-local/tex/latex/makePostHandoutsStart.tex diff --git a/Documentation/NARK/texmf-local/tex/latex/pdfsuppressruntime.sty b/docs/NARK/texmf-local/tex/latex/pdfsuppressruntime.sty similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/pdfsuppressruntime.sty rename to docs/NARK/texmf-local/tex/latex/pdfsuppressruntime.sty diff --git a/Documentation/NARK/texmf-local/tex/latex/subfiles.4ht b/docs/NARK/texmf-local/tex/latex/subfiles.4ht similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/subfiles.4ht rename to docs/NARK/texmf-local/tex/latex/subfiles.4ht diff --git a/Documentation/NARK/texmf-local/tex/latex/tex4ht/fix-domfilter-parsing-problems.cfg b/docs/NARK/texmf-local/tex/latex/tex4ht/fix-domfilter-parsing-problems.cfg similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/tex4ht/fix-domfilter-parsing-problems.cfg rename to docs/NARK/texmf-local/tex/latex/tex4ht/fix-domfilter-parsing-problems.cfg diff --git a/Documentation/NARK/texmf-local/tex/latex/tex4ht/fix-domfilter-parsing-problems_README.md b/docs/NARK/texmf-local/tex/latex/tex4ht/fix-domfilter-parsing-problems_README.md similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/tex4ht/fix-domfilter-parsing-problems_README.md rename to docs/NARK/texmf-local/tex/latex/tex4ht/fix-domfilter-parsing-problems_README.md diff --git a/Documentation/NARK/texmf-local/tex/latex/tex4ht/pictureenv.4ht b/docs/NARK/texmf-local/tex/latex/tex4ht/pictureenv.4ht similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/tex4ht/pictureenv.4ht rename to docs/NARK/texmf-local/tex/latex/tex4ht/pictureenv.4ht diff --git a/Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md rename to docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md diff --git a/Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg rename to docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg diff --git a/Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_fix-dmofilter-parsing-problems.cfg b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_fix-dmofilter-parsing-problems.cfg similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_fix-dmofilter-parsing-problems.cfg rename to docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_fix-dmofilter-parsing-problems.cfg diff --git a/Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_html5.cfg b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_html5.cfg similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_html5.cfg rename to docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_html5.cfg diff --git a/Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_tex4ht-and-table-of-contents-fix.cfg b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_tex4ht-and-table-of-contents-fix.cfg similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_tex4ht-and-table-of-contents-fix.cfg rename to docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_tex4ht-and-table-of-contents-fix.cfg diff --git a/Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_xhtml.cfg b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_xhtml.cfg similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_xhtml.cfg rename to docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_xhtml.cfg diff --git a/Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 rename to docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 diff --git a/Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 rename to docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 diff --git a/Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 rename to docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 diff --git a/Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 rename to docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 diff --git a/Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 rename to docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 diff --git a/Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 rename to docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 diff --git a/Documentation/NARK/texmf-local/tex/latex/tex4ht/tex4ht_and_table_of_content_issues_fix.cfg b/docs/NARK/texmf-local/tex/latex/tex4ht/tex4ht_and_table_of_content_issues_fix.cfg similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/tex4ht/tex4ht_and_table_of_content_issues_fix.cfg rename to docs/NARK/texmf-local/tex/latex/tex4ht/tex4ht_and_table_of_content_issues_fix.cfg diff --git a/Documentation/NARK/texmf-local/tex/latex/tex4htMakeCFG.sh b/docs/NARK/texmf-local/tex/latex/tex4htMakeCFG.sh similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/tex4htMakeCFG.sh rename to docs/NARK/texmf-local/tex/latex/tex4htMakeCFG.sh diff --git a/Documentation/NARK/texmf-local/tex/latex/titlesec.sty b/docs/NARK/texmf-local/tex/latex/titlesec.sty similarity index 100% rename from Documentation/NARK/texmf-local/tex/latex/titlesec.sty rename to docs/NARK/texmf-local/tex/latex/titlesec.sty diff --git a/Documentation/NARK/texmf-local/web2c/texmf.cnf b/docs/NARK/texmf-local/web2c/texmf.cnf similarity index 100% rename from Documentation/NARK/texmf-local/web2c/texmf.cnf rename to docs/NARK/texmf-local/web2c/texmf.cnf diff --git a/Documentation/Style.tex.txt b/docs/Style.tex.txt similarity index 100% rename from Documentation/Style.tex.txt rename to docs/Style.tex.txt diff --git a/Documentation/conf.py b/docs/conf.py similarity index 100% rename from Documentation/conf.py rename to docs/conf.py diff --git a/Documentation/example_notebooks/Include_list.txt b/docs/example_notebooks/Include_list.txt similarity index 93% rename from Documentation/example_notebooks/Include_list.txt rename to docs/example_notebooks/Include_list.txt index 79beabd2c..68332db4f 100644 --- a/Documentation/example_notebooks/Include_list.txt +++ b/docs/example_notebooks/Include_list.txt @@ -11,4 +11,4 @@ examples/Journeys/Journey-PhD.ipynb examples/ConsNewKeynesianModel/Transition_Matrix_Example.ipynb examples/ConsNewKeynesianModel/Jacobian_Example.ipynb examples/ConsNewKeynesianModel/KS-HARK-presentation.ipynb -examples/ConsNewKeynesianModel/SSJ_example.ipynb \ No newline at end of file +examples/ConsNewKeynesianModel/SSJ_example.ipynb diff --git a/Documentation/guides/contributing.md b/docs/guides/contributing.md similarity index 100% rename from Documentation/guides/contributing.md rename to docs/guides/contributing.md diff --git a/Documentation/guides/index.rst b/docs/guides/index.rst similarity index 100% rename from Documentation/guides/index.rst rename to docs/guides/index.rst diff --git a/Documentation/guides/installation.md b/docs/guides/installation.md similarity index 100% rename from Documentation/guides/installation.md rename to docs/guides/installation.md diff --git a/Documentation/guides/quick_start.md b/docs/guides/quick_start.md similarity index 100% rename from Documentation/guides/quick_start.md rename to docs/guides/quick_start.md diff --git a/Documentation/images/econ-ark-logo.png b/docs/images/econ-ark-logo.png similarity index 100% rename from Documentation/images/econ-ark-logo.png rename to docs/images/econ-ark-logo.png diff --git a/Documentation/images/numfocus-logo.png b/docs/images/numfocus-logo.png similarity index 100% rename from Documentation/images/numfocus-logo.png rename to docs/images/numfocus-logo.png diff --git a/Documentation/images/usage-agent-problem-bellman-form.png b/docs/images/usage-agent-problem-bellman-form.png similarity index 100% rename from Documentation/images/usage-agent-problem-bellman-form.png rename to docs/images/usage-agent-problem-bellman-form.png diff --git a/Documentation/images/usage-crra-utility-function.png b/docs/images/usage-crra-utility-function.png similarity index 100% rename from Documentation/images/usage-crra-utility-function.png rename to docs/images/usage-crra-utility-function.png diff --git a/Documentation/index_core.rst b/docs/index_core.rst similarity index 100% rename from Documentation/index_core.rst rename to docs/index_core.rst diff --git a/Documentation/license.md b/docs/license.md similarity index 100% rename from Documentation/license.md rename to docs/license.md diff --git a/Documentation/make.bat b/docs/make.bat similarity index 100% rename from Documentation/make.bat rename to docs/make.bat diff --git a/Documentation/overview/ARKitecture.md b/docs/overview/ARKitecture.md similarity index 100% rename from Documentation/overview/ARKitecture.md rename to docs/overview/ARKitecture.md diff --git a/Documentation/overview/index.rst b/docs/overview/index.rst similarity index 100% rename from Documentation/overview/index.rst rename to docs/overview/index.rst diff --git a/Documentation/overview/introduction.md b/docs/overview/introduction.md similarity index 100% rename from Documentation/overview/introduction.md rename to docs/overview/introduction.md diff --git a/Documentation/reference/ConsumptionSaving/ConsAggShockModel.rst b/docs/reference/ConsumptionSaving/ConsAggShockModel.rst similarity index 100% rename from Documentation/reference/ConsumptionSaving/ConsAggShockModel.rst rename to docs/reference/ConsumptionSaving/ConsAggShockModel.rst diff --git a/Documentation/reference/ConsumptionSaving/ConsBequestModel.rst b/docs/reference/ConsumptionSaving/ConsBequestModel.rst similarity index 100% rename from Documentation/reference/ConsumptionSaving/ConsBequestModel.rst rename to docs/reference/ConsumptionSaving/ConsBequestModel.rst diff --git a/Documentation/reference/ConsumptionSaving/ConsGenIncProcessModel.rst b/docs/reference/ConsumptionSaving/ConsGenIncProcessModel.rst similarity index 100% rename from Documentation/reference/ConsumptionSaving/ConsGenIncProcessModel.rst rename to docs/reference/ConsumptionSaving/ConsGenIncProcessModel.rst diff --git a/Documentation/reference/ConsumptionSaving/ConsIndShockModel.rst b/docs/reference/ConsumptionSaving/ConsIndShockModel.rst similarity index 100% rename from Documentation/reference/ConsumptionSaving/ConsIndShockModel.rst rename to docs/reference/ConsumptionSaving/ConsIndShockModel.rst diff --git a/Documentation/reference/ConsumptionSaving/ConsIndShockModelFast.rst b/docs/reference/ConsumptionSaving/ConsIndShockModelFast.rst similarity index 100% rename from Documentation/reference/ConsumptionSaving/ConsIndShockModelFast.rst rename to docs/reference/ConsumptionSaving/ConsIndShockModelFast.rst diff --git a/Documentation/reference/ConsumptionSaving/ConsLaborModel.rst b/docs/reference/ConsumptionSaving/ConsLaborModel.rst similarity index 100% rename from Documentation/reference/ConsumptionSaving/ConsLaborModel.rst rename to docs/reference/ConsumptionSaving/ConsLaborModel.rst diff --git a/Documentation/reference/ConsumptionSaving/ConsMarkovModel.rst b/docs/reference/ConsumptionSaving/ConsMarkovModel.rst similarity index 100% rename from Documentation/reference/ConsumptionSaving/ConsMarkovModel.rst rename to docs/reference/ConsumptionSaving/ConsMarkovModel.rst diff --git a/Documentation/reference/ConsumptionSaving/ConsMedModel.rst b/docs/reference/ConsumptionSaving/ConsMedModel.rst similarity index 100% rename from Documentation/reference/ConsumptionSaving/ConsMedModel.rst rename to docs/reference/ConsumptionSaving/ConsMedModel.rst diff --git a/Documentation/reference/ConsumptionSaving/ConsPortfolioModel.rst b/docs/reference/ConsumptionSaving/ConsPortfolioModel.rst similarity index 100% rename from Documentation/reference/ConsumptionSaving/ConsPortfolioModel.rst rename to docs/reference/ConsumptionSaving/ConsPortfolioModel.rst diff --git a/Documentation/reference/ConsumptionSaving/ConsPrefShochModel.rst b/docs/reference/ConsumptionSaving/ConsPrefShochModel.rst similarity index 100% rename from Documentation/reference/ConsumptionSaving/ConsPrefShochModel.rst rename to docs/reference/ConsumptionSaving/ConsPrefShochModel.rst diff --git a/Documentation/reference/ConsumptionSaving/ConsRepAgentModel.rst b/docs/reference/ConsumptionSaving/ConsRepAgentModel.rst similarity index 100% rename from Documentation/reference/ConsumptionSaving/ConsRepAgentModel.rst rename to docs/reference/ConsumptionSaving/ConsRepAgentModel.rst diff --git a/Documentation/reference/ConsumptionSaving/ConsRiskyAssetModel.rst b/docs/reference/ConsumptionSaving/ConsRiskyAssetModel.rst similarity index 100% rename from Documentation/reference/ConsumptionSaving/ConsRiskyAssetModel.rst rename to docs/reference/ConsumptionSaving/ConsRiskyAssetModel.rst diff --git a/Documentation/reference/ConsumptionSaving/ConsRiskyContribModel.rst b/docs/reference/ConsumptionSaving/ConsRiskyContribModel.rst similarity index 100% rename from Documentation/reference/ConsumptionSaving/ConsRiskyContribModel.rst rename to docs/reference/ConsumptionSaving/ConsRiskyContribModel.rst diff --git a/Documentation/reference/ConsumptionSaving/TractableBufferStockModel.rst b/docs/reference/ConsumptionSaving/TractableBufferStockModel.rst similarity index 100% rename from Documentation/reference/ConsumptionSaving/TractableBufferStockModel.rst rename to docs/reference/ConsumptionSaving/TractableBufferStockModel.rst diff --git a/Documentation/reference/ConsumptionSaving/index.rst b/docs/reference/ConsumptionSaving/index.rst similarity index 100% rename from Documentation/reference/ConsumptionSaving/index.rst rename to docs/reference/ConsumptionSaving/index.rst diff --git a/Documentation/reference/index.rst b/docs/reference/index.rst similarity index 100% rename from Documentation/reference/index.rst rename to docs/reference/index.rst diff --git a/Documentation/reference/tools/core.rst b/docs/reference/tools/core.rst similarity index 100% rename from Documentation/reference/tools/core.rst rename to docs/reference/tools/core.rst diff --git a/Documentation/reference/tools/dcegm.rst b/docs/reference/tools/dcegm.rst similarity index 100% rename from Documentation/reference/tools/dcegm.rst rename to docs/reference/tools/dcegm.rst diff --git a/Documentation/reference/tools/distribution.rst b/docs/reference/tools/distribution.rst similarity index 100% rename from Documentation/reference/tools/distribution.rst rename to docs/reference/tools/distribution.rst diff --git a/Documentation/reference/tools/econforgeinterp.rst b/docs/reference/tools/econforgeinterp.rst similarity index 100% rename from Documentation/reference/tools/econforgeinterp.rst rename to docs/reference/tools/econforgeinterp.rst diff --git a/Documentation/reference/tools/estimation.rst b/docs/reference/tools/estimation.rst similarity index 100% rename from Documentation/reference/tools/estimation.rst rename to docs/reference/tools/estimation.rst diff --git a/Documentation/reference/tools/helpers.rst b/docs/reference/tools/helpers.rst similarity index 100% rename from Documentation/reference/tools/helpers.rst rename to docs/reference/tools/helpers.rst diff --git a/Documentation/reference/tools/incomeprocess.rst b/docs/reference/tools/incomeprocess.rst similarity index 100% rename from Documentation/reference/tools/incomeprocess.rst rename to docs/reference/tools/incomeprocess.rst diff --git a/Documentation/reference/tools/index.rst b/docs/reference/tools/index.rst similarity index 100% rename from Documentation/reference/tools/index.rst rename to docs/reference/tools/index.rst diff --git a/Documentation/reference/tools/interpolation.rst b/docs/reference/tools/interpolation.rst similarity index 100% rename from Documentation/reference/tools/interpolation.rst rename to docs/reference/tools/interpolation.rst diff --git a/Documentation/reference/tools/model.rst b/docs/reference/tools/model.rst similarity index 100% rename from Documentation/reference/tools/model.rst rename to docs/reference/tools/model.rst diff --git a/Documentation/reference/tools/numba_tools.rst b/docs/reference/tools/numba_tools.rst similarity index 100% rename from Documentation/reference/tools/numba_tools.rst rename to docs/reference/tools/numba_tools.rst diff --git a/Documentation/reference/tools/parallel.rst b/docs/reference/tools/parallel.rst similarity index 100% rename from Documentation/reference/tools/parallel.rst rename to docs/reference/tools/parallel.rst diff --git a/Documentation/reference/tools/rewards.rst b/docs/reference/tools/rewards.rst similarity index 100% rename from Documentation/reference/tools/rewards.rst rename to docs/reference/tools/rewards.rst diff --git a/Documentation/reference/tools/simulation.rst b/docs/reference/tools/simulation.rst similarity index 100% rename from Documentation/reference/tools/simulation.rst rename to docs/reference/tools/simulation.rst diff --git a/Documentation/reference/tools/utilities.rst b/docs/reference/tools/utilities.rst similarity index 100% rename from Documentation/reference/tools/utilities.rst rename to docs/reference/tools/utilities.rst diff --git a/Documentation/reference/tools/validators.rst b/docs/reference/tools/validators.rst similarity index 100% rename from Documentation/reference/tools/validators.rst rename to docs/reference/tools/validators.rst diff --git a/Documentation/texmf-local/bibtex/bib/economics-UTF8.bib b/docs/texmf-local/bibtex/bib/economics-UTF8.bib similarity index 100% rename from Documentation/texmf-local/bibtex/bib/economics-UTF8.bib rename to docs/texmf-local/bibtex/bib/economics-UTF8.bib diff --git a/Documentation/texmf-local/bibtex/bib/economics.bib b/docs/texmf-local/bibtex/bib/economics.bib similarity index 100% rename from Documentation/texmf-local/bibtex/bib/economics.bib rename to docs/texmf-local/bibtex/bib/economics.bib diff --git a/Documentation/texmf-local/bibtex/bst/econtex.bst b/docs/texmf-local/bibtex/bst/econtex.bst similarity index 100% rename from Documentation/texmf-local/bibtex/bst/econtex.bst rename to docs/texmf-local/bibtex/bst/econtex.bst diff --git a/Documentation/texmf-local/bibtex/bst/handout.bst b/docs/texmf-local/bibtex/bst/handout.bst similarity index 100% rename from Documentation/texmf-local/bibtex/bst/handout.bst rename to docs/texmf-local/bibtex/bst/handout.bst diff --git a/Documentation/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst b/docs/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst similarity index 100% rename from Documentation/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst rename to docs/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst diff --git a/Documentation/texmf-local/ls-R b/docs/texmf-local/ls-R similarity index 100% rename from Documentation/texmf-local/ls-R rename to docs/texmf-local/ls-R diff --git a/Documentation/texmf-local/tex/latex/ReadMe.texmf b/docs/texmf-local/tex/latex/ReadMe.texmf similarity index 100% rename from Documentation/texmf-local/tex/latex/ReadMe.texmf rename to docs/texmf-local/tex/latex/ReadMe.texmf diff --git a/Documentation/texmf-local/tex/latex/articleNoRefHead.cls b/docs/texmf-local/tex/latex/articleNoRefHead.cls similarity index 100% rename from Documentation/texmf-local/tex/latex/articleNoRefHead.cls rename to docs/texmf-local/tex/latex/articleNoRefHead.cls diff --git a/Documentation/texmf-local/tex/latex/bibMake.tex b/docs/texmf-local/tex/latex/bibMake.tex similarity index 100% rename from Documentation/texmf-local/tex/latex/bibMake.tex rename to docs/texmf-local/tex/latex/bibMake.tex diff --git a/Documentation/texmf-local/tex/latex/cvBibMake.tex b/docs/texmf-local/tex/latex/cvBibMake.tex similarity index 100% rename from Documentation/texmf-local/tex/latex/cvBibMake.tex rename to docs/texmf-local/tex/latex/cvBibMake.tex diff --git a/Documentation/texmf-local/tex/latex/econtex.cls b/docs/texmf-local/tex/latex/econtex.cls similarity index 100% rename from Documentation/texmf-local/tex/latex/econtex.cls rename to docs/texmf-local/tex/latex/econtex.cls diff --git a/Documentation/texmf-local/tex/latex/econtex.sty b/docs/texmf-local/tex/latex/econtex.sty similarity index 100% rename from Documentation/texmf-local/tex/latex/econtex.sty rename to docs/texmf-local/tex/latex/econtex.sty diff --git a/Documentation/texmf-local/tex/latex/econtexBibMake.tex b/docs/texmf-local/tex/latex/econtexBibMake.tex similarity index 100% rename from Documentation/texmf-local/tex/latex/econtexBibMake.tex rename to docs/texmf-local/tex/latex/econtexBibMake.tex diff --git a/Documentation/texmf-local/tex/latex/econtexSetup.sty b/docs/texmf-local/tex/latex/econtexSetup.sty similarity index 100% rename from Documentation/texmf-local/tex/latex/econtexSetup.sty rename to docs/texmf-local/tex/latex/econtexSetup.sty diff --git a/Documentation/texmf-local/tex/latex/econtexShortcuts.sty b/docs/texmf-local/tex/latex/econtexShortcuts.sty similarity index 100% rename from Documentation/texmf-local/tex/latex/econtexShortcuts.sty rename to docs/texmf-local/tex/latex/econtexShortcuts.sty diff --git a/Documentation/texmf-local/tex/latex/handout.cls b/docs/texmf-local/tex/latex/handout.cls similarity index 100% rename from Documentation/texmf-local/tex/latex/handout.cls rename to docs/texmf-local/tex/latex/handout.cls diff --git a/Documentation/texmf-local/tex/latex/handout.sty b/docs/texmf-local/tex/latex/handout.sty similarity index 100% rename from Documentation/texmf-local/tex/latex/handout.sty rename to docs/texmf-local/tex/latex/handout.sty diff --git a/Documentation/texmf-local/tex/latex/handoutBibMake.tex b/docs/texmf-local/tex/latex/handoutBibMake.tex similarity index 100% rename from Documentation/texmf-local/tex/latex/handoutBibMake.tex rename to docs/texmf-local/tex/latex/handoutBibMake.tex diff --git a/Documentation/texmf-local/tex/latex/handoutSetup.sty b/docs/texmf-local/tex/latex/handoutSetup.sty similarity index 100% rename from Documentation/texmf-local/tex/latex/handoutSetup.sty rename to docs/texmf-local/tex/latex/handoutSetup.sty diff --git a/Documentation/texmf-local/tex/latex/handoutshortcuts.sty b/docs/texmf-local/tex/latex/handoutshortcuts.sty similarity index 100% rename from Documentation/texmf-local/tex/latex/handoutshortcuts.sty rename to docs/texmf-local/tex/latex/handoutshortcuts.sty diff --git a/Documentation/texmf-local/tex/latex/makePostHandoutsStart.tex b/docs/texmf-local/tex/latex/makePostHandoutsStart.tex similarity index 100% rename from Documentation/texmf-local/tex/latex/makePostHandoutsStart.tex rename to docs/texmf-local/tex/latex/makePostHandoutsStart.tex diff --git a/Documentation/texmf-local/tex/latex/printvrb.sty b/docs/texmf-local/tex/latex/printvrb.sty similarity index 100% rename from Documentation/texmf-local/tex/latex/printvrb.sty rename to docs/texmf-local/tex/latex/printvrb.sty diff --git a/Documentation/texmf-local/tex/latex/snapshot.sty b/docs/texmf-local/tex/latex/snapshot.sty similarity index 100% rename from Documentation/texmf-local/tex/latex/snapshot.sty rename to docs/texmf-local/tex/latex/snapshot.sty diff --git a/Documentation/texmf-local/tex/latex/tex4ht/pictureenv.4ht b/docs/texmf-local/tex/latex/tex4ht/pictureenv.4ht similarity index 100% rename from Documentation/texmf-local/tex/latex/tex4ht/pictureenv.4ht rename to docs/texmf-local/tex/latex/tex4ht/pictureenv.4ht diff --git a/Documentation/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg b/docs/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg similarity index 100% rename from Documentation/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg rename to docs/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg diff --git a/Documentation/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 b/docs/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 similarity index 100% rename from Documentation/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 rename to docs/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 diff --git a/Documentation/texmf-local/tex/latex/tex4htMakeCFG.sh b/docs/texmf-local/tex/latex/tex4htMakeCFG.sh similarity index 100% rename from Documentation/texmf-local/tex/latex/tex4htMakeCFG.sh rename to docs/texmf-local/tex/latex/tex4htMakeCFG.sh diff --git a/Documentation/texmf-local/tex/latex/texmf-local/tex/latex/econtex.cls b/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtex.cls similarity index 100% rename from Documentation/texmf-local/tex/latex/texmf-local/tex/latex/econtex.cls rename to docs/texmf-local/tex/latex/texmf-local/tex/latex/econtex.cls diff --git a/Documentation/texmf-local/tex/latex/texmf-local/tex/latex/econtex.sty b/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtex.sty similarity index 100% rename from Documentation/texmf-local/tex/latex/texmf-local/tex/latex/econtex.sty rename to docs/texmf-local/tex/latex/texmf-local/tex/latex/econtex.sty diff --git a/Documentation/texmf-local/tex/latex/texmf-local/tex/latex/econtexBibMake.tex b/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtexBibMake.tex similarity index 100% rename from Documentation/texmf-local/tex/latex/texmf-local/tex/latex/econtexBibMake.tex rename to docs/texmf-local/tex/latex/texmf-local/tex/latex/econtexBibMake.tex diff --git a/Documentation/texmf-local/tex/latex/texmf-local/tex/latex/econtexSetup.sty b/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtexSetup.sty similarity index 100% rename from Documentation/texmf-local/tex/latex/texmf-local/tex/latex/econtexSetup.sty rename to docs/texmf-local/tex/latex/texmf-local/tex/latex/econtexSetup.sty diff --git a/Documentation/texmf-local/tex/latex/texmf-local/tex/latex/econtexShortcuts.sty b/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtexShortcuts.sty similarity index 100% rename from Documentation/texmf-local/tex/latex/texmf-local/tex/latex/econtexShortcuts.sty rename to docs/texmf-local/tex/latex/texmf-local/tex/latex/econtexShortcuts.sty diff --git a/Documentation/texmf-local/tex/latex/texmf-local/tex/latex/handout.cls b/docs/texmf-local/tex/latex/texmf-local/tex/latex/handout.cls similarity index 100% rename from Documentation/texmf-local/tex/latex/texmf-local/tex/latex/handout.cls rename to docs/texmf-local/tex/latex/texmf-local/tex/latex/handout.cls diff --git a/Documentation/texmf-local/tex/latex/texmf-local/tex/latex/handoutSetup.sty b/docs/texmf-local/tex/latex/texmf-local/tex/latex/handoutSetup.sty similarity index 100% rename from Documentation/texmf-local/tex/latex/texmf-local/tex/latex/handoutSetup.sty rename to docs/texmf-local/tex/latex/texmf-local/tex/latex/handoutSetup.sty diff --git a/Documentation/texmf-local/tex/latex/texmf-local/tex/latex/handoutShortcuts.sty b/docs/texmf-local/tex/latex/texmf-local/tex/latex/handoutShortcuts.sty similarity index 100% rename from Documentation/texmf-local/tex/latex/texmf-local/tex/latex/handoutShortcuts.sty rename to docs/texmf-local/tex/latex/texmf-local/tex/latex/handoutShortcuts.sty diff --git a/Documentation/texmf-local/tex/latex/titlesec.sty b/docs/texmf-local/tex/latex/titlesec.sty similarity index 100% rename from Documentation/texmf-local/tex/latex/titlesec.sty rename to docs/texmf-local/tex/latex/titlesec.sty diff --git a/Documentation/texmf-local/web2c/texmf.cnf b/docs/texmf-local/web2c/texmf.cnf similarity index 100% rename from Documentation/texmf-local/web2c/texmf.cnf rename to docs/texmf-local/web2c/texmf.cnf From 80b60776cd3c3621b2fe4e870b84caa738d0d5a4 Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Tue, 19 Nov 2024 10:30:09 -0500 Subject: [PATCH 03/23] move to tests --- src/HARK/Calibration/Income/tests/__init__.py | 0 src/HARK/ConsumptionSaving/tests/__init__.py | 0 .../tests => tests/ConsumptionSavings}/test_ConsAggShockModel.py | 0 .../tests => tests/ConsumptionSavings}/test_ConsBequestModel.py | 0 .../ConsumptionSavings}/test_ConsGenIncProcessModel.py | 0 .../tests => tests/ConsumptionSavings}/test_ConsLabeledModel.py | 0 .../tests => tests/ConsumptionSavings}/test_ConsLaborModel.py | 0 .../tests => tests/ConsumptionSavings}/test_ConsMarkovModel.py | 0 .../tests => tests/ConsumptionSavings}/test_ConsMedModel.py | 0 .../ConsumptionSavings}/test_ConsNewKeynesianModel.py | 0 .../tests => tests/ConsumptionSavings}/test_ConsPortfolioModel.py | 0 .../tests => tests/ConsumptionSavings}/test_ConsPrefShockModel.py | 0 .../tests => tests/ConsumptionSavings}/test_ConsRepAgentModel.py | 0 .../ConsumptionSavings}/test_ConsRiskyAssetModel.py | 0 .../ConsumptionSavings}/test_ConsRiskyContribModel.py | 0 .../ConsumptionSavings}/test_IndShockConsumerType.py | 0 .../ConsumptionSavings}/test_IndShockConsumerTypeFast.py | 0 .../ConsumptionSavings}/test_KinkedRconsumerType.py | 0 .../ConsumptionSavings}/test_PerfForesightConsumerType.py | 0 .../ConsumptionSavings}/test_PerfForesightFastConsumerType.py | 0 .../tests => tests/ConsumptionSavings}/test_SmallOpenEconomy.py | 0 .../ConsumptionSavings}/test_TractableBufferStockModel.py | 0 .../tests => tests/ConsumptionSavings}/test_modelInits.py | 0 .../tests => tests/ConsumptionSavings}/test_modelcomparisons.py | 0 {src/HARK/tests => tests}/OpenCLtest.py | 0 {src/HARK/tests => tests}/__init__.py | 0 {src/HARK/tests => tests}/test_HARKutilities.py | 0 {src/HARK/Calibration/Income/tests => tests}/test_IncomeTools.py | 0 {src/HARK/tests => tests}/test_TractableBufferStockModel.py | 0 {src/HARK/tests => tests}/test_approxDstns.py | 0 {src/HARK/tests => tests}/test_core.py | 0 {src/HARK/tests => tests}/test_dcegm.py | 0 {src/HARK/tests => tests}/test_discrete.py | 0 {src/HARK/tests => tests}/test_distribution.py | 0 {src/HARK/tests => tests}/test_econforgeinterp.py | 0 {src/HARK/tests => tests}/test_interpolation.py | 0 {src/HARK/Calibration/tests => tests}/test_load_data.py | 0 {src/HARK/tests => tests}/test_mat_methods.py | 0 {src/HARK/tests => tests}/test_model.py | 0 {src/HARK/models => tests}/test_models.py | 0 {src/HARK/simulation => tests}/test_monte_carlo.py | 0 {src/HARK/tests => tests}/test_parallel.py | 0 {src/HARK/tests => tests}/test_parser.py | 0 {src/HARK/tests => tests}/test_simulate.py | 0 {src/HARK/tests => tests}/test_validators.py | 0 45 files changed, 0 insertions(+), 0 deletions(-) delete mode 100644 src/HARK/Calibration/Income/tests/__init__.py delete mode 100644 src/HARK/ConsumptionSaving/tests/__init__.py rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_ConsAggShockModel.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_ConsBequestModel.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_ConsGenIncProcessModel.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_ConsLabeledModel.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_ConsLaborModel.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_ConsMarkovModel.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_ConsMedModel.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_ConsNewKeynesianModel.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_ConsPortfolioModel.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_ConsPrefShockModel.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_ConsRepAgentModel.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_ConsRiskyAssetModel.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_ConsRiskyContribModel.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_IndShockConsumerType.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_IndShockConsumerTypeFast.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_KinkedRconsumerType.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_PerfForesightConsumerType.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_PerfForesightFastConsumerType.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_SmallOpenEconomy.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_TractableBufferStockModel.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_modelInits.py (100%) rename {src/HARK/ConsumptionSaving/tests => tests/ConsumptionSavings}/test_modelcomparisons.py (100%) rename {src/HARK/tests => tests}/OpenCLtest.py (100%) rename {src/HARK/tests => tests}/__init__.py (100%) rename {src/HARK/tests => tests}/test_HARKutilities.py (100%) rename {src/HARK/Calibration/Income/tests => tests}/test_IncomeTools.py (100%) rename {src/HARK/tests => tests}/test_TractableBufferStockModel.py (100%) rename {src/HARK/tests => tests}/test_approxDstns.py (100%) rename {src/HARK/tests => tests}/test_core.py (100%) rename {src/HARK/tests => tests}/test_dcegm.py (100%) rename {src/HARK/tests => tests}/test_discrete.py (100%) rename {src/HARK/tests => tests}/test_distribution.py (100%) rename {src/HARK/tests => tests}/test_econforgeinterp.py (100%) rename {src/HARK/tests => tests}/test_interpolation.py (100%) rename {src/HARK/Calibration/tests => tests}/test_load_data.py (100%) rename {src/HARK/tests => tests}/test_mat_methods.py (100%) rename {src/HARK/tests => tests}/test_model.py (100%) rename {src/HARK/models => tests}/test_models.py (100%) rename {src/HARK/simulation => tests}/test_monte_carlo.py (100%) rename {src/HARK/tests => tests}/test_parallel.py (100%) rename {src/HARK/tests => tests}/test_parser.py (100%) rename {src/HARK/tests => tests}/test_simulate.py (100%) rename {src/HARK/tests => tests}/test_validators.py (100%) diff --git a/src/HARK/Calibration/Income/tests/__init__.py b/src/HARK/Calibration/Income/tests/__init__.py deleted file mode 100644 index e69de29bb..000000000 diff --git a/src/HARK/ConsumptionSaving/tests/__init__.py b/src/HARK/ConsumptionSaving/tests/__init__.py deleted file mode 100644 index e69de29bb..000000000 diff --git a/src/HARK/ConsumptionSaving/tests/test_ConsAggShockModel.py b/tests/ConsumptionSavings/test_ConsAggShockModel.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_ConsAggShockModel.py rename to tests/ConsumptionSavings/test_ConsAggShockModel.py diff --git a/src/HARK/ConsumptionSaving/tests/test_ConsBequestModel.py b/tests/ConsumptionSavings/test_ConsBequestModel.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_ConsBequestModel.py rename to tests/ConsumptionSavings/test_ConsBequestModel.py diff --git a/src/HARK/ConsumptionSaving/tests/test_ConsGenIncProcessModel.py b/tests/ConsumptionSavings/test_ConsGenIncProcessModel.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_ConsGenIncProcessModel.py rename to tests/ConsumptionSavings/test_ConsGenIncProcessModel.py diff --git a/src/HARK/ConsumptionSaving/tests/test_ConsLabeledModel.py b/tests/ConsumptionSavings/test_ConsLabeledModel.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_ConsLabeledModel.py rename to tests/ConsumptionSavings/test_ConsLabeledModel.py diff --git a/src/HARK/ConsumptionSaving/tests/test_ConsLaborModel.py b/tests/ConsumptionSavings/test_ConsLaborModel.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_ConsLaborModel.py rename to tests/ConsumptionSavings/test_ConsLaborModel.py diff --git a/src/HARK/ConsumptionSaving/tests/test_ConsMarkovModel.py b/tests/ConsumptionSavings/test_ConsMarkovModel.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_ConsMarkovModel.py rename to tests/ConsumptionSavings/test_ConsMarkovModel.py diff --git a/src/HARK/ConsumptionSaving/tests/test_ConsMedModel.py b/tests/ConsumptionSavings/test_ConsMedModel.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_ConsMedModel.py rename to tests/ConsumptionSavings/test_ConsMedModel.py diff --git a/src/HARK/ConsumptionSaving/tests/test_ConsNewKeynesianModel.py b/tests/ConsumptionSavings/test_ConsNewKeynesianModel.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_ConsNewKeynesianModel.py rename to tests/ConsumptionSavings/test_ConsNewKeynesianModel.py diff --git a/src/HARK/ConsumptionSaving/tests/test_ConsPortfolioModel.py b/tests/ConsumptionSavings/test_ConsPortfolioModel.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_ConsPortfolioModel.py rename to tests/ConsumptionSavings/test_ConsPortfolioModel.py diff --git a/src/HARK/ConsumptionSaving/tests/test_ConsPrefShockModel.py b/tests/ConsumptionSavings/test_ConsPrefShockModel.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_ConsPrefShockModel.py rename to tests/ConsumptionSavings/test_ConsPrefShockModel.py diff --git a/src/HARK/ConsumptionSaving/tests/test_ConsRepAgentModel.py b/tests/ConsumptionSavings/test_ConsRepAgentModel.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_ConsRepAgentModel.py rename to tests/ConsumptionSavings/test_ConsRepAgentModel.py diff --git a/src/HARK/ConsumptionSaving/tests/test_ConsRiskyAssetModel.py b/tests/ConsumptionSavings/test_ConsRiskyAssetModel.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_ConsRiskyAssetModel.py rename to tests/ConsumptionSavings/test_ConsRiskyAssetModel.py diff --git a/src/HARK/ConsumptionSaving/tests/test_ConsRiskyContribModel.py b/tests/ConsumptionSavings/test_ConsRiskyContribModel.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_ConsRiskyContribModel.py rename to tests/ConsumptionSavings/test_ConsRiskyContribModel.py diff --git a/src/HARK/ConsumptionSaving/tests/test_IndShockConsumerType.py b/tests/ConsumptionSavings/test_IndShockConsumerType.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_IndShockConsumerType.py rename to tests/ConsumptionSavings/test_IndShockConsumerType.py diff --git a/src/HARK/ConsumptionSaving/tests/test_IndShockConsumerTypeFast.py b/tests/ConsumptionSavings/test_IndShockConsumerTypeFast.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_IndShockConsumerTypeFast.py rename to tests/ConsumptionSavings/test_IndShockConsumerTypeFast.py diff --git a/src/HARK/ConsumptionSaving/tests/test_KinkedRconsumerType.py b/tests/ConsumptionSavings/test_KinkedRconsumerType.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_KinkedRconsumerType.py rename to tests/ConsumptionSavings/test_KinkedRconsumerType.py diff --git a/src/HARK/ConsumptionSaving/tests/test_PerfForesightConsumerType.py b/tests/ConsumptionSavings/test_PerfForesightConsumerType.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_PerfForesightConsumerType.py rename to tests/ConsumptionSavings/test_PerfForesightConsumerType.py diff --git a/src/HARK/ConsumptionSaving/tests/test_PerfForesightFastConsumerType.py b/tests/ConsumptionSavings/test_PerfForesightFastConsumerType.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_PerfForesightFastConsumerType.py rename to tests/ConsumptionSavings/test_PerfForesightFastConsumerType.py diff --git a/src/HARK/ConsumptionSaving/tests/test_SmallOpenEconomy.py b/tests/ConsumptionSavings/test_SmallOpenEconomy.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_SmallOpenEconomy.py rename to tests/ConsumptionSavings/test_SmallOpenEconomy.py diff --git a/src/HARK/ConsumptionSaving/tests/test_TractableBufferStockModel.py b/tests/ConsumptionSavings/test_TractableBufferStockModel.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_TractableBufferStockModel.py rename to tests/ConsumptionSavings/test_TractableBufferStockModel.py diff --git a/src/HARK/ConsumptionSaving/tests/test_modelInits.py b/tests/ConsumptionSavings/test_modelInits.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_modelInits.py rename to tests/ConsumptionSavings/test_modelInits.py diff --git a/src/HARK/ConsumptionSaving/tests/test_modelcomparisons.py b/tests/ConsumptionSavings/test_modelcomparisons.py similarity index 100% rename from src/HARK/ConsumptionSaving/tests/test_modelcomparisons.py rename to tests/ConsumptionSavings/test_modelcomparisons.py diff --git a/src/HARK/tests/OpenCLtest.py b/tests/OpenCLtest.py similarity index 100% rename from src/HARK/tests/OpenCLtest.py rename to tests/OpenCLtest.py diff --git a/src/HARK/tests/__init__.py b/tests/__init__.py similarity index 100% rename from src/HARK/tests/__init__.py rename to tests/__init__.py diff --git a/src/HARK/tests/test_HARKutilities.py b/tests/test_HARKutilities.py similarity index 100% rename from src/HARK/tests/test_HARKutilities.py rename to tests/test_HARKutilities.py diff --git a/src/HARK/Calibration/Income/tests/test_IncomeTools.py b/tests/test_IncomeTools.py similarity index 100% rename from src/HARK/Calibration/Income/tests/test_IncomeTools.py rename to tests/test_IncomeTools.py diff --git a/src/HARK/tests/test_TractableBufferStockModel.py b/tests/test_TractableBufferStockModel.py similarity index 100% rename from src/HARK/tests/test_TractableBufferStockModel.py rename to tests/test_TractableBufferStockModel.py diff --git a/src/HARK/tests/test_approxDstns.py b/tests/test_approxDstns.py similarity index 100% rename from src/HARK/tests/test_approxDstns.py rename to tests/test_approxDstns.py diff --git a/src/HARK/tests/test_core.py b/tests/test_core.py similarity index 100% rename from src/HARK/tests/test_core.py rename to tests/test_core.py diff --git a/src/HARK/tests/test_dcegm.py b/tests/test_dcegm.py similarity index 100% rename from src/HARK/tests/test_dcegm.py rename to tests/test_dcegm.py diff --git a/src/HARK/tests/test_discrete.py b/tests/test_discrete.py similarity index 100% rename from src/HARK/tests/test_discrete.py rename to tests/test_discrete.py diff --git a/src/HARK/tests/test_distribution.py b/tests/test_distribution.py similarity index 100% rename from src/HARK/tests/test_distribution.py rename to tests/test_distribution.py diff --git a/src/HARK/tests/test_econforgeinterp.py b/tests/test_econforgeinterp.py similarity index 100% rename from src/HARK/tests/test_econforgeinterp.py rename to tests/test_econforgeinterp.py diff --git a/src/HARK/tests/test_interpolation.py b/tests/test_interpolation.py similarity index 100% rename from src/HARK/tests/test_interpolation.py rename to tests/test_interpolation.py diff --git a/src/HARK/Calibration/tests/test_load_data.py b/tests/test_load_data.py similarity index 100% rename from src/HARK/Calibration/tests/test_load_data.py rename to tests/test_load_data.py diff --git a/src/HARK/tests/test_mat_methods.py b/tests/test_mat_methods.py similarity index 100% rename from src/HARK/tests/test_mat_methods.py rename to tests/test_mat_methods.py diff --git a/src/HARK/tests/test_model.py b/tests/test_model.py similarity index 100% rename from src/HARK/tests/test_model.py rename to tests/test_model.py diff --git a/src/HARK/models/test_models.py b/tests/test_models.py similarity index 100% rename from src/HARK/models/test_models.py rename to tests/test_models.py diff --git a/src/HARK/simulation/test_monte_carlo.py b/tests/test_monte_carlo.py similarity index 100% rename from src/HARK/simulation/test_monte_carlo.py rename to tests/test_monte_carlo.py diff --git a/src/HARK/tests/test_parallel.py b/tests/test_parallel.py similarity index 100% rename from src/HARK/tests/test_parallel.py rename to tests/test_parallel.py diff --git a/src/HARK/tests/test_parser.py b/tests/test_parser.py similarity index 100% rename from src/HARK/tests/test_parser.py rename to tests/test_parser.py diff --git a/src/HARK/tests/test_simulate.py b/tests/test_simulate.py similarity index 100% rename from src/HARK/tests/test_simulate.py rename to tests/test_simulate.py diff --git a/src/HARK/tests/test_validators.py b/tests/test_validators.py similarity index 100% rename from src/HARK/tests/test_validators.py rename to tests/test_validators.py From bc7e17b20236e022518fe00d6519341c73394199 Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Tue, 19 Nov 2024 14:37:21 -0500 Subject: [PATCH 04/23] Documentation to docs --- .github/workflows/documentation.yml | 6 +- .github/workflows/examples.yml | 4 +- .github/workflows/hark.yml | 4 +- .gitignore | 46 +- .pre-commit-config.yaml | 6 +- README.md | 12 +- docs/Makefile | 2 +- docs/NARK/NARK.tex | 99 +- docs/Style.tex.txt | 2 +- docs/conf.py | 14 +- docs/guides/contributing.md | 12 +- docs/guides/quick_start.md | 10 +- docs/index_core.rst | 16 +- docs/overview/ARKitecture.md | 14 +- examples/Journeys/Journey-PhD.ipynb | 1076 ++++++++--------- index.rst | 2 +- pyproject.toml | 2 +- .../ConsumptionSaving/ConsIndShockModel.py | 2 +- .../ConsIndShockModelFast.py | 2 +- 19 files changed, 667 insertions(+), 664 deletions(-) diff --git a/.github/workflows/documentation.yml b/.github/workflows/documentation.yml index 3b2437b62..93e1ac795 100644 --- a/.github/workflows/documentation.yml +++ b/.github/workflows/documentation.yml @@ -51,7 +51,7 @@ jobs: sphinx-build -M html . HARK-docs -T - -c Documentation + -c docs -W -j 1 @@ -92,8 +92,8 @@ jobs: - name: Lint documentation with sphinx-lint run: > sphinx-lint - --ignore Documentation/example_notebooks/GenIncProcessModel.py + --ignore docs/example_notebooks/GenIncProcessModel.py --enable all --max-line-length 85 README.md - Documentation/ + docs/ diff --git a/.github/workflows/examples.yml b/.github/workflows/examples.yml index 81d3a6d44..8b60b124c 100644 --- a/.github/workflows/examples.yml +++ b/.github/workflows/examples.yml @@ -6,13 +6,13 @@ on: - master paths-ignore: - ".github/workflows/documentation.yml" - - "Documentation/**" + - "docs/**" pull_request: branches: - master paths-ignore: - ".github/workflows/documentation.yml" - - "Documentation/**" + - "docs/**" schedule: - cron: 0 0 * * * diff --git a/.github/workflows/hark.yml b/.github/workflows/hark.yml index e52ed1ece..be2de5a4a 100644 --- a/.github/workflows/hark.yml +++ b/.github/workflows/hark.yml @@ -6,13 +6,13 @@ on: - master paths-ignore: - ".github/workflows/documentation.yml" - - "Documentation/**" + - "docs/**" pull_request: branches: - master paths-ignore: - ".github/workflows/documentation.yml" - - "Documentation/**" + - "docs/**" jobs: build: diff --git a/.gitignore b/.gitignore index 87f333f6e..8e1d27dc0 100644 --- a/.gitignore +++ b/.gitignore @@ -57,29 +57,29 @@ coverage.xml *.log # Sphinx documentation -Documentation/generated -Documentation/_build -Documentation/TractableBufferStockModel.rst -Documentation/MultithreadDemo.rst -Documentation/modules.rst -Documentation/ConsumerParameters.rst -Documentation/ConsPrefShockModel.rst -Documentation/ConsMarkovModel.rst -Documentation/ConsIndShockModel.rst -Documentation/ConsAggShockModel.rst -Documentation/StructEstimation.rst -Documentation/SetupSCFdata.rst -Documentation/EstimationParameters.rst -Documentation/SetupParamsCSTW.rst -Documentation/cstwMPC.rst -Documentation/FashionVictimParams.rst -Documentation/FashionVictimModel.rst -Documentation/HARKutilities.rst -Documentation/HARKsimulation.rst -Documentation/HARKparallel.rst -Documentation/HARKinterpolation.rst -Documentation/HARKestimation.rst -Documentation/HARKcore.rst +docs/generated +docs/_build +docs/TractableBufferStockModel.rst +docs/MultithreadDemo.rst +docs/modules.rst +docs/ConsumerParameters.rst +docs/ConsPrefShockModel.rst +docs/ConsMarkovModel.rst +docs/ConsIndShockModel.rst +docs/ConsAggShockModel.rst +docs/StructEstimation.rst +docs/SetupSCFdata.rst +docs/EstimationParameters.rst +docs/SetupParamsCSTW.rst +docs/cstwMPC.rst +docs/FashionVictimParams.rst +docs/FashionVictimModel.rst +docs/HARKutilities.rst +docs/HARKsimulation.rst +docs/HARKparallel.rst +docs/HARKinterpolation.rst +docs/HARKestimation.rst +docs/HARKcore.rst doc/_build/ doc/generated/ diff --git a/.pre-commit-config.yaml b/.pre-commit-config.yaml index d2360c4e3..b8c2caa44 100644 --- a/.pre-commit-config.yaml +++ b/.pre-commit-config.yaml @@ -1,15 +1,15 @@ -exclude: Documentation/example_notebooks/ +exclude: docs/example_notebooks/ repos: - repo: https://github.com/astral-sh/ruff-pre-commit rev: v0.3.2 hooks: - id: ruff - types_or: [ python, pyi, jupyter ] + types_or: [python, pyi, jupyter] args: - --fix - id: ruff-format - types_or: [ python, pyi, jupyter ] + types_or: [python, pyi, jupyter] - repo: https://github.com/pre-commit/pre-commit-hooks rev: v4.5.0 diff --git a/README.md b/README.md index c50f2aff0..5004e1a92 100644 --- a/README.md +++ b/README.md @@ -80,7 +80,7 @@ Install from [PyPi](https://pypi.org/) by running: We start with almost the simplest possible consumption model: A consumer with CRRA utility
- +
has perfect foresight about everything except the (stochastic) date of death. @@ -88,7 +88,7 @@ has perfect foresight about everything except the (stochastic) date of death. The agent's problem can be written in [Bellman form](https://en.wikipedia.org/wiki/Bellman_equation) as:
- +

@@ -140,7 +140,7 @@ PFexample.solution[0].hNrm For a detailed explanation of the above example please see the demo notebook [_A Gentle Introduction to HARK_](https://docs.econ-ark.org/examples/Gentle-Intro/Gentle-Intro-To-HARK.html). -For more examples please visit the [examples](https://docs.econ-ark.org/Documentation/overview/index.html) section of the [documentation](https://docs.econ-ark.org/index.html), or the [econ-ark/DemARK](https://github.com/econ-ark/DemARK) repository. +For more examples please visit the [examples](https://docs.econ-ark.org/docs/overview/index.html) section of the [documentation](https://docs.econ-ark.org/index.html), or the [econ-ark/DemARK](https://github.com/econ-ark/DemARK) repository. ## Citation @@ -209,7 +209,7 @@ HARK provides a modular and extensible open-source toolkit for solving heterogen HARK is written in Python, making significant use of libraries such as numpy and scipy which offer a wide array of mathematical and statistical functions and tools. Our modules are generally categorized into Tools (mathematical functions and techniques), Models (particular economic models and solvers) and Applications (use of tools to simulate an economic phenomenon). -For more information on how you can create your own Models or use Tools and Model to create Applications please see the [documentation](https://docs.econ-ark.org/Documentation/guides/quick_start.html#for-other-developers-of-software-for-computational-economics) +For more information on how you can create your own Models or use Tools and Model to create Applications please see the [documentation](https://docs.econ-ark.org/docs/guides/quick_start.html#for-other-developers-of-software-for-computational-economics) ### Contributing to HARK @@ -230,9 +230,9 @@ Contributions go far beyond pull requests and commits. Although we love giving y If you are worried or don’t know how to start, you can always reach out to us through the gitter [community](https://gitter.im/econ-ark/community)(#tsc-technical-steering-committee) or simply submit [an issue](https://github.com/econ-ark/HARK/issues/new) and a member can help give you guidance! -To install for development see the [Quickstart Guide](https://docs.econ-ark.org/Documentation/guides/installation.html). +To install for development see the [Quickstart Guide](https://docs.econ-ark.org/docs/guides/installation.html). -For more information on contributing to HARK please see [the contributing guide](https://docs.econ-ark.org/Documentation/guides/contributing.html). +For more information on contributing to HARK please see [the contributing guide](https://docs.econ-ark.org/docs/guides/contributing.html). This is the guide that collaborators follow in maintaining the Econ-ARK project. ## Disclaimer diff --git a/docs/Makefile b/docs/Makefile index 8b3253ba8..27170c870 100644 --- a/docs/Makefile +++ b/docs/Makefile @@ -111,7 +111,7 @@ applehelp: @echo @echo "Build finished. The help book is in $(BUILDDIR)/applehelp." @echo "N.B. You won't be able to view it unless you put it in" \ - "~/Library/Documentation/Help or install it in your application" \ + "~/Library/docs/Help or install it in your application" \ "bundle." .PHONY: devhelp diff --git a/docs/NARK/NARK.tex b/docs/NARK/NARK.tex index 73c1d595b..92b046c0c 100755 --- a/docs/NARK/NARK.tex +++ b/docs/NARK/NARK.tex @@ -33,7 +33,7 @@ by using names consistent with our guidelines. \end{abstract} -%\centerline{html version at \url{https://econ-ark.github.io/HARK/Documentation/NARK}} +%\centerline{html version at \url{https://econ-ark.github.io/HARK/docs/NARK}} % \thanks{The \texttt{NARK} repo that generates this document also contains \LaTeX~configuration files that permit you to use the same name for an object in your writing (your \texttt{paper.tex} file) and in your code (helping to minimize confusion in translating between paper and code).} @@ -43,11 +43,11 @@ \section{Principles} Our aim has been to balance: \begin{itemize} -\item Brevity -\item Mnemonicity -\item Uniqueness (enabling global search-and-replace) -\item Ubiquity (definitions useful for many projects) -\item Combinatoriality (which encourages mashups) + \item Brevity + \item Mnemonicity + \item Uniqueness (enabling global search-and-replace) + \item Ubiquity (definitions useful for many projects) + \item Combinatoriality (which encourages mashups) \end{itemize} @@ -75,35 +75,35 @@ \subsection{Single-Letter} \begin{table}[ht] \centering \begin{tabular}{|lcl|} \hline - Letter & & Meaning + Letter & & Meaning + \\ \hline + A & & \textit{A}ssets \textit{A}fter \textit{A}ll \textit{A}ctions \textit{A}re \textit{A}ccomplished (end of period) \\ + B & & \textit{B}ank \textit{B}alances \textit{B}efore any \textit{B}ehavior (\textit{b}eginning-of-period) \\ + C & & \textit{C}onsumption \textit{C}hoice \textit{C}onnects $B$ to $A$ \\ + D & & \textit{D}ebt \\ + E & & PROHIBITED: Too many possible meanings (expectations, effort, expenses) \\ + F & & Production \textit{F}unction \\ + G & & \textit{G}rowth \\ + H & & \textit{H}uman wealth \\ + I & & \textit{I}nvestment \\ + J & & Ad\textit{J}ustment costs (e.g., in a $Q$ model) \\ + K & & Capital or beginning of period nonhuman assets \\ + L & & PROHIBITED: Is it Labor or Leisure or Land or ...? \\ + M & & \textit{M}arket resources (the sum of capital, capital income, and labor income) \\ + N & & \textit{N}et wealth including human wealth ($=B + H$) \\ + O & & PROHIBITED: Too similar to the number 0; too many possible meanings \\ + P & & PROHIBITED: Is it prices, permanent income, present value, profits, ...? \\ + Q & & Hayashi/Abel $Q$ (or similar asset price) \\ + R & & \textit{R}eturn (see the variants articulated below) \\ + S & & PROHIBITED: ``saving'' (flow)? ``savings'' (stock)? or the ``saving rate'' (ratio)? \\ + T & & This is a tough one. See the discussion below. \\ + U & & \textit{U}tility \\ + V & & \textit{V}alue \\ + W & & \textit{W}age \\ + X & & e\textit{X}penditures (as distinct from consumption; e.g., for durables) \\ + Y & & Noncapital income (usually, the sum of transfer and labor income) \\ + Z & & Lei\textit{Z}ure in consumption/leisure tradeoff \\ \\ \hline - A & & \textit{A}ssets \textit{A}fter \textit{A}ll \textit{A}ctions \textit{A}re \textit{A}ccomplished (end of period)\\ - B & & \textit{B}ank \textit{B}alances \textit{B}efore any \textit{B}ehavior (\textit{b}eginning-of-period)\\ - C & & \textit{C}onsumption \textit{C}hoice \textit{C}onnects $B$ to $A$\\ - D & & \textit{D}ebt\\ - E & & PROHIBITED: Too many possible meanings (expectations, effort, expenses)\\ - F & & Production \textit{F}unction\\ - G & & \textit{G}rowth\\ - H & & \textit{H}uman wealth\\ - I & & \textit{I}nvestment\\ - J & & Ad\textit{J}ustment costs (e.g., in a $Q$ model)\\ - K & & Capital or beginning of period nonhuman assets\\ - L & & PROHIBITED: Is it Labor or Leisure or Land or ...?\\ - M & & \textit{M}arket resources (the sum of capital, capital income, and labor income)\\ - N & & \textit{N}et wealth including human wealth ($=B + H$)\\ - O & & PROHIBITED: Too similar to the number 0; too many possible meanings\\ - P & & PROHIBITED: Is it prices, permanent income, present value, profits, ...?\\ - Q & & Hayashi/Abel $Q$ (or similar asset price)\\ - R & & \textit{R}eturn (see the variants articulated below)\\ - S & & PROHIBITED: ``saving'' (flow)? ``savings'' (stock)? or the ``saving rate'' (ratio)?\\ - T & & This is a tough one. See the discussion below.\\ - U & & \textit{U}tility\\ - V & & \textit{V}alue\\ - W & & \textit{W}age\\ - X & & e\textit{X}penditures (as distinct from consumption; e.g., for durables)\\ - Y & & Noncapital income (usually, the sum of transfer and labor income)\\ - Z & & Lei\textit{Z}ure in consumption/leisure tradeoff\\ - \\ \hline \end{tabular} \caption{Preferred Usages of Roman Letters} \label{table:RomanLetters} @@ -125,9 +125,9 @@ \subsection{Standard Variable Names} \begin{table}[ht] \centering \begin{tabular}{|rcl|} - Name & - & Description + Name & - & Description \\ \hline - \texttt{CND} & - & Consumption of Nondurable Good + \texttt{CND} & - & Consumption of Nondurable Good \\ \texttt{CNS} & - & Consumption of Nondurables and Services \\ \texttt{Cst} & - & Cost of something \\ \texttt{Dgd} & - & Stock of durable good @@ -165,9 +165,9 @@ \section{Factors and Rates} \centering \begin{tabular}{|ccc|} \hline - Code & Output & Description + Code & Output & Description \\ \hline - \verb|\Rfree| & $\Rfree$ & Riskfree interest factor + \verb|\Rfree| & $\Rfree$ & Riskfree interest factor \\ \verb|\rfree| & $\rfree$ & Riskfree interest rate \\ \verb|\Risky| & $\Risky$ & The return factor on a risky asset \\ \verb|\risky| & $\risky$ & The return rate on a risky asset @@ -191,9 +191,9 @@ \section{Factors and Rates} \centering \begin{tabular}{|>{\ttfamily}cccl|} \hline - Code & \LaTeX & Description & \\ + Code & \LaTeX & Description & \\ \hline - \verb|\DiePrb| & $\DiePrb$ or $\cancel{\Alive}$ & Probabilty of death ($\DiePrb=\Alive-1$) & + \verb|\DiePrb| & $\DiePrb$ or $\cancel{\Alive}$ & Probabilty of death ($\DiePrb=\Alive-1$) & \\ \verb|\LivPrb| & $\LivPrb$ or $\Alive$ & Probability to not die $\Alive=(1-\DiePrb)$ & \\ \hline \end{tabular} @@ -217,9 +217,10 @@ \section{Parameters} \centering \begin{tabular}{|>{\ttfamily}rcll|} \hline - Name & \LaTeX & Description & Illustration + Name & \LaTeX & Description & Illustration \\ \hline - \verb|\CARA| & $\CARA$ & Coefficient of Absolute Risk Aversion &$\uFunc(\bullet)=-\CARA^{-1} e^{-\CARA \bullet}$ + \verb|\CARA| & $\CARA$ & Coefficient of Absolute Risk Aversion & $\uFunc(\bullet)=-\CARA^{-1} e^{-\CARA \bullet}$ + \\ \verb|\CRRA| & $\CRRA$ & Coefficient of Relative Risk Aversion & $\uFunc(\bullet)=(1-\CRRA)^{-1}\bullet^{1-\CRRA}$ \\ \verb|\DiscFac| & $\DiscFac$ & Time Discount Factor & $\uFunc^{\prime}(\cLvl_{t}) = \Rfree \DiscFac \uFunc^{\prime}(\cLvl_{t+1})$ \\ \verb|\discRte| & $\discRte$ & Time Discount rate & $\discRte=\DiscFac^{-1}-1$ @@ -252,10 +253,10 @@ \section{Parameters} Mnemonics: \begin{itemize} -\item Hebrew \texttt{daleth} is the fourth letter of the Hebrew alphabet (as d and $\delta$ are of the Roman and Greek) and is an etymological and linguistic cousin of those letters -\item $\discRte$ is the lower case Greek letter \texttt{nu}, because newness is about the future -\item You are invited to scrutinize $\Xi$ yourself to imagine reasons it could represent something to do with population growth. -\item The glorious letter $\APFac$ (pronounced `\href{https://en.wikipedia.org/wiki/Thorn_(letter)}{thorn}') enriched Old English, Gothic, and some other defunct alphabets; sadly, it remains in use today only in Iceland. It is useful because having to type the many symbols in the object $(\Rfree \DiscFac)^{1/\CRRA}$ over and over again is a \textit{thorn} in the side of economists working with dynamic models! (It is the `absolute patience factor' because if it is less than one the consumer wants to bring resources from the future to the present and is therefore absolutely impatient; for a fuller discussion of this terminology, see \cite{carrollTractable}.) + \item Hebrew \texttt{daleth} is the fourth letter of the Hebrew alphabet (as d and $\delta$ are of the Roman and Greek) and is an etymological and linguistic cousin of those letters + \item $\discRte$ is the lower case Greek letter \texttt{nu}, because newness is about the future + \item You are invited to scrutinize $\Xi$ yourself to imagine reasons it could represent something to do with population growth. + \item The glorious letter $\APFac$ (pronounced `\href{https://en.wikipedia.org/wiki/Thorn_(letter)}{thorn}') enriched Old English, Gothic, and some other defunct alphabets; sadly, it remains in use today only in Iceland. It is useful because having to type the many symbols in the object $(\Rfree \DiscFac)^{1/\CRRA}$ over and over again is a \textit{thorn} in the side of economists working with dynamic models! (It is the `absolute patience factor' because if it is less than one the consumer wants to bring resources from the future to the present and is therefore absolutely impatient; for a fuller discussion of this terminology, see \cite{carrollTractable}.) \end{itemize} @@ -267,9 +268,10 @@ \section{Operators} \centering \begin{tabular}{|>{\ttfamily}rccll|} \hline - Name & \LaTeX & Code & Description & Illustration + Name & \LaTeX & Code & Description & Illustration \\ \hline - \verb|\Ex| & $\Ex$ & \texttt{Ex\_} & The expectation as of date $t$ & $\Ex_{t}[\uFunc^{\prime}(\cNrm_{t+1})]$ + \verb|\Ex| & $\Ex$ & \texttt{Ex\_} & The expectation as of date $t$ & $\Ex_{t}[\uFunc^{\prime}(\cNrm_{t+1})]$ + \\ \verb|\PDV| & $\PDV$ & \texttt{PDV\_} & Present Discounted Value & $\PDV_{t}^{T}(y)$ is human wealth \\ \hline \end{tabular} @@ -336,6 +338,7 @@ \section{Modifiers} \begin{tabular}{|>{\ttfamily}lcl|} \hline \textit{[object]}tmn & - & object in period $t$ minus $n$ + \\ \textit{[object]}tm1 & - & object in period $t$ minus 1 \\ \textit{[object]}Now & - & object in period $t$ \\ \textit{[object]}t\phantom{p1} & - & object in period $t$ (alternative definition) diff --git a/docs/Style.tex.txt b/docs/Style.tex.txt index 847bce7ea..f30161231 100644 --- a/docs/Style.tex.txt +++ b/docs/Style.tex.txt @@ -1 +1 @@ -HARK/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/tex4ht HARK/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/econark-make4ht.sty HARK/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/econark-multibib.sty HARK/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/econark-onlyinsubfile.sty HARK/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/econark-titlepage.sty HARK/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/econark.cls HARK/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/econark.sty HARK/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/llorracc-handouts.sty HARK/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/pdfsuppressruntime.sty HARK/Documentation/NARK/@resources/texlive/texmf-local/tex/latex/README.md +HARK/docs/NARK/@resources/texlive/texmf-local/tex/latex/tex4ht HARK/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-make4ht.sty HARK/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-multibib.sty HARK/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-onlyinsubfile.sty HARK/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-titlepage.sty HARK/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark.cls HARK/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark.sty HARK/docs/NARK/@resources/texlive/texmf-local/tex/latex/llorracc-handouts.sty HARK/docs/NARK/@resources/texlive/texmf-local/tex/latex/pdfsuppressruntime.sty HARK/docs/NARK/@resources/texlive/texmf-local/tex/latex/README.md diff --git a/docs/conf.py b/docs/conf.py index 80da04210..bcab7bd01 100644 --- a/docs/conf.py +++ b/docs/conf.py @@ -45,7 +45,7 @@ ] include_patterns = [ - "Documentation**", + "docs**", "index.rst", ] # Makes sure that only the file we want documented get documented with open(os.path.join(dir, "example_notebooks", "Include_list.txt"), "r") as file: @@ -55,11 +55,11 @@ ] # Adds example notebooks exclude_patterns = [ - "Documentation/_build", - "Documentation/Thumbs.db", - "Documentation/.DS_Store", - "Documentation/NARK", - "Documentation/index_core.rst", # Prevents sphinx from getting confused + "docs/_build", + "docs/Thumbs.db", + "docs/.DS_Store", + "docs/NARK", + "docs/index_core.rst", # Prevents sphinx from getting confused ] napoleon_custom_sections = [ @@ -146,7 +146,7 @@ "github_user": "econ-ark", "github_repo": "hark", "github_version": "master", - "doc_path": "Documentation/", + "doc_path": "docs/", } # Use Econ-ARK URL to host the website diff --git a/docs/guides/contributing.md b/docs/guides/contributing.md index 3535e1ee3..2b12e291d 100644 --- a/docs/guides/contributing.md +++ b/docs/guides/contributing.md @@ -258,7 +258,7 @@ When naming variables in model modules, the HARK team strongly discourages using single letter names, like **_c_** for consumption. Instead, we encourage contributors to use longer, more descriptive variable names using additional words and common abbreviations to specify the variable more precisely. -In [NARK](https://github.com/econ-ark/HARK/blob/master/Documentation/NARK/NARK.pdf), +In [NARK](https://github.com/econ-ark/HARK/blob/master/docs/NARK/NARK.pdf), we list standard single letter variable ''bases'' and an array of prefixes and suffixes to adjust them. Economic variables in model modules should (usually) not use underscores, instead using camel case to the greatest extent possible. @@ -351,7 +351,7 @@ the HARK team asks that you also provide a short mathematical writeup of the mod This document does not need to go into great detail about the solution method for the model or the functions and classes included in the module, merely specify the economic model and provide a summary of how it is solved. -See [ConsumptionSavingModels.pdf](https://github.com/econ-ark/HARK/blob/master/Documentation/ConsumptionSavingModels.pdf) for an example of this. +See [ConsumptionSavingModels.pdf](https://github.com/econ-ark/HARK/blob/master/docs/ConsumptionSavingModels.pdf) for an example of this. #### Contributing to documentation @@ -376,7 +376,7 @@ To test your changes to the documentation locally, you can render as follows: 2. Run `sphinx-build`: ```bash - sphinx-build -M html . HARK-docs -T -c Documentation -W + sphinx-build -M html . HARK-docs -T -c docs -W ``` 3. View the rendered HTML by opening the @@ -389,9 +389,9 @@ Every pull request to HARK automatically reruns every example notebook to keep them up to date. To add a notebook from the examples folder to the documentation, add a link -to the notebook to the `Documentation/overview/index.rst` file. It should +to the notebook to the `docs/overview/index.rst` file. It should the format `../../examples/AAA/BBB.ipynb`. Then add a link to the notebook -in the `Documentation/example_notebooks/Include_list.txt` file. It should have +in the `docs/example_notebooks/Include_list.txt` file. It should have the format `examples/AAA/BBB.ipynb`. Sphinx requires it's example notebooks to have a title, and headings in order of @@ -405,7 +405,7 @@ is made. Including the HARK-docs folder may create unexpected conflicts. If you would like to build the documentation without warnings being treated as errors use the command: ```bash - sphinx-build -M html . HARK-docs -T -c Documentation + sphinx-build -M html . HARK-docs -T -c docs ``` This lets you see every warning without sphinx quitting after the first issue it finds. If you're doing this, make sure to delete the HARK-docs folder before running it again. diff --git a/docs/guides/quick_start.md b/docs/guides/quick_start.md index 82ac21d7d..370e3b5e8 100644 --- a/docs/guides/quick_start.md +++ b/docs/guides/quick_start.md @@ -20,7 +20,7 @@ pip install econ-ark We've prepared a set of 30-second Elevator Spiels describing the project, tailored to people with several different kinds of background. -To start learning HARK we recommend working through the [Overview and Examples](https://docs.econ-ark.org/Documentation/overview/index.html) section starting with [A Gentle Introduction to HARK](https://docs.econ-ark.org/examples/Gentle-Intro/Gentle-Intro-To-HARK.html). +To start learning HARK we recommend working through the [Overview and Examples](https://docs.econ-ark.org/docs/overview/index.html) section starting with [A Gentle Introduction to HARK](https://docs.econ-ark.org/examples/Gentle-Intro/Gentle-Intro-To-HARK.html). :::{dropdown} For people without a technical/scientific/computing background :color: secondary @@ -43,7 +43,7 @@ Most of what economists have done so far with 'big data' has been like what Kepl The Econ-ARK project is motivated by a sense that quantitative structural modeling of economic agents' behavior (consumers; firms), at present, is roughly like econometric modeling in the 1960s: Lots of theoretical results are available and a great deal can be done in principle, but actually using such tools for any specific research question requires an enormous investment of a scholar's time and attention to learn techniques that are fundamentally not related to economics but instead are algorithmic/computational (in the 1960s, e.g., inverting matrices; now, e.g., solving dynamic stochastic optimization problems). The toolkit is built using the suite of open source, transparent tools for collaborative software development that have become ubiquitous in other fields in the last few years: Github, object-oriented coding, and methods that make it much easier to produce plug-and-play software modules that can be (relatively) easily combined, enhanced and adapted to address new problems. -After working through the [Overview and Examples](https://docs.econ-ark.org/Documentation/overview/index.html) section: +After working through the [Overview and Examples](https://docs.econ-ark.org/docs/overview/index.html) section: - A full replication of the [Iskhakov, Jørgensen, Rust, and Schjerning](https://onlinelibrary.wiley.com/doi/abs/10.3982/QE643) paper for solving the discrete-continuous retirement saving problem - An informal discussion of the issues involved is [here](https://github.com/econ-ark/DemARK/blob/master/notebooks/DCEGM-Upper-Envelope.ipynb) (part of the [DemARK](https://github.com/econ-ark/DemARK) repo) @@ -57,7 +57,7 @@ After working through the [Overview and Examples](https://docs.econ-ark.org/Docu Dissatisfaction with the ability of Representative Agent models to answer important questions raised by the Great Recession has led to a strong movement in the macroeconomics literature toward 'Heterogeneous Agent' models, in which microeconomic agents (consumers; firms) solve a structural problem calibrated to match microeconomic data; aggregate outcomes are derived by explicitly simulating the equilibrium behavior of populations solving such models. The same kinds of modeling techniques are also gaining popularity among microeconomists, in areas ranging from labor economics to industrial organization. In both macroeconomics and structural micro, the chief barrier to the wide adoption of these techniques has been that programming a structural model has, until now, required a great deal of specialized knowledge and custom software development. The aim of the Econ-ARK project is to provide a robust, well-designed, open-source infrastructure for building such models much more efficiently than has been possible in the past. -After working through the [Overview and Examples](https://docs.econ-ark.org/Documentation/overview/index.html) section: +After working through the [Overview and Examples](https://docs.econ-ark.org/docs/overview/index.html) section: - A simple indirect inference/simulated method of moments structural estimation along the lines of Gourinchas and Parker's 2002 Econometrica paper or Cagetti's 2003 paper is performed by the [SolvingMicroDSOPs](https://github.com/econ-ark/SolvingMicroDSOPs/) [REMARK](https://github.com/econ-ark/REMARK); this code implements the solution methods described in the corresponding section of [these lecture notes](https://llorracc.github.io/SolvingMicroDSOPs/). ::: @@ -70,7 +70,7 @@ The Econ-ARK project's aim is to create a modular and extensible open-source too ### Demonstrations on using HARK -Most of the modules in HARK are just collections of tools. There are a few demonstrations/applications that use the tools that you automatically get when you install HARK -- they are available in [Overview & Examples](https://docs.econ-ark.org/Documentation/overview/index.html). A much larger set of uses of HARK can be found at two repositories: +Most of the modules in HARK are just collections of tools. There are a few demonstrations/applications that use the tools that you automatically get when you install HARK -- they are available in [Overview & Examples](https://docs.econ-ark.org/docs/overview/index.html). A much larger set of uses of HARK can be found at two repositories: - [DemARK](https://github.com/econ-ark/DemARK): Demonstrations of the use of HARK - [REMARK](https://github.com/econ-ark/REMARK): Replications of existing papers made using HARK @@ -91,4 +91,4 @@ jupyter notebook ## Next steps -To learn more about how to use HARK, check the next sections in this documentation, in particular the example notebooks. For instructions on making changes to HARK, refer to our [contributing guide](https://docs.econ-ark.org/Documentation/guides/contributing.html). +To learn more about how to use HARK, check the next sections in this documentation, in particular the example notebooks. For instructions on making changes to HARK, refer to our [contributing guide](https://docs.econ-ark.org/docs/guides/contributing.html). diff --git a/docs/index_core.rst b/docs/index_core.rst index 8b0f7b9f2..ccad31e2c 100644 --- a/docs/index_core.rst +++ b/docs/index_core.rst @@ -5,13 +5,13 @@ Econ-ARK documentation -- HARK :maxdepth: 1 :hidden: - Guides - Overview & Examples - Reference + Guides + Overview & Examples + Reference **Useful links**: -:doc:`Install HARK ` | +:doc:`Install HARK ` | `Source Repository `__ | `Issues & Ideas `__ @@ -44,7 +44,7 @@ you might want to look at the `DemARK +++ - .. button-ref:: Documentation/guides/quick_start + .. button-ref:: docs/guides/quick_start :ref-type: doc :color: info :click-parent: @@ -63,7 +63,7 @@ you might want to look at the `DemARK +++ - .. button-ref:: Documentation/overview/index + .. button-ref:: docs/overview/index :ref-type: doc :color: info :click-parent: @@ -83,7 +83,7 @@ you might want to look at the `DemARK +++ - .. button-ref:: Documentation/reference/index + .. button-ref:: docs/reference/index :ref-type: doc :color: info :click-parent: @@ -105,7 +105,7 @@ you might want to look at the `DemARK +++ - .. button-ref:: Documentation/guides/contributing + .. button-ref:: docs/guides/contributing :ref-type: doc :color: info :click-parent: diff --git a/docs/overview/ARKitecture.md b/docs/overview/ARKitecture.md index 4401496cf..127095458 100644 --- a/docs/overview/ARKitecture.md +++ b/docs/overview/ARKitecture.md @@ -36,7 +36,7 @@ Python modules in HARK can generally be categorized into two types: tools and mo ## HARK -After you [installed](https://docs.econ-ark.org/Documentation/guides/installation.html) or [cloned the repository of](https://github.com/econ-ark/HARK) HARK, you can explore the content of it. In the subfolder HARK, you can find a range of [general purpose tools](#general-purpose-tools), as well as the next subfolder ConsumptionSaving which has [AgentType subclasses](#agenttype-class) and [Market subclasses](#market-class). +After you [installed](https://docs.econ-ark.org/docs/guides/installation.html) or [cloned the repository of](https://github.com/econ-ark/HARK) HARK, you can explore the content of it. In the subfolder HARK, you can find a range of [general purpose tools](#general-purpose-tools), as well as the next subfolder ConsumptionSaving which has [AgentType subclasses](#agenttype-class) and [Market subclasses](#market-class). ### General Purpose Tools @@ -53,15 +53,15 @@ Macroeconomic models in HARK use the **_Market_** class to represent a market (o #### HARK.metric **_HARK.metric_** defines a superclass called **_MetricObject_** that is used throughout HARK's tools and models. When solving a dynamic microeconomic model with an infinite horizon (or searching for a dynamic general equilibrium), it is often required to consider whether two solutions are sufficiently close to each other to warrant stopping the process (i.e. approximate convergence). It is thus necessary to calculate the ''distance'' between two solutions, so HARK specifies that classes should have a **_distance_** method that takes a single input and returns a non-negative value representing the (generally unitless) distance between the object in question and the input to the method. As a convenient default, **_MetricObject_** provides a ''universal distance metric'' that should be useful in many contexts. (Roughly speaking, the universal distance metric is a recursive supnorm, returning the largest distance between two instances, among attributes named in **_distance_criteria_**. Those attributes might be complex objects themselves rather than real numbers, generating a recursive call to the universal distance metric. -) When defining a new subclass of **_MetricObject_**, the user simply defines the attribute **_distance_criteria_** as a list of strings naming the attributes of the class that should be compared when calculating the distance between two instances of that class. For example, the class **_ConsumerSolution_** has **_distance_criteria = ['cFunc']_**, indicating that only the consumption function attribute of the solution matters when comparing the distance between two instances of **_ConsumerSolution_**. See [here](https://docs.econ-ark.org/Documentation/reference/tools/metric.html) for further documentation. +) When defining a new subclass of **_MetricObject_**, the user simply defines the attribute **_distance_criteria_** as a list of strings naming the attributes of the class that should be compared when calculating the distance between two instances of that class. For example, the class **_ConsumerSolution_** has **_distance_criteria = ['cFunc']_**, indicating that only the consumption function attribute of the solution matters when comparing the distance between two instances of **_ConsumerSolution_**. See [here](https://docs.econ-ark.org/docs/reference/tools/metric.html) for further documentation. #### HARK.utilities -The **_HARK.utilities_** module contains a variety of general purpose tools, including some data manipulation tools (e.g. for calculating an average of data conditional on being within a percentile range of different data), basic kernel regression tools, convenience functions for retrieving information about functions, and basic plotting tools using **_matplotlib.pyplot_**. See [here](https://docs.econ-ark.org/Documentation/reference/tools/utilities.html) for further documentation. +The **_HARK.utilities_** module contains a variety of general purpose tools, including some data manipulation tools (e.g. for calculating an average of data conditional on being within a percentile range of different data), basic kernel regression tools, convenience functions for retrieving information about functions, and basic plotting tools using **_matplotlib.pyplot_**. See [here](https://docs.econ-ark.org/docs/reference/tools/utilities.html) for further documentation. #### HARK.distributions -The **_HARK.distributions_** module includes classes for representing continuous distributions in a relatively consistent framework. Critically for numeric purposes, it also has methods and functions for constructing discrete approximations to those distributions (e.g. **_approx\_lognormal()_** to approximate a log-normal distribution) as well as manipulating these representations (e.g. appending one outcome to an existing distribution, or combining independent univariate distributions into one multivariate distribution). As a convention in HARK, continuous distributions are approximated as finite discrete distributions when solving models. This both simplifies solution methods (reducing numeric integrals to simple dot products) and allows users to easily test whether their chosen degree of discretization yields a sufficient approximation to the full distribution. See [here](https://docs.econ-ark.org/Documentation/reference/tools/distribution.html) for further documentation. +The **_HARK.distributions_** module includes classes for representing continuous distributions in a relatively consistent framework. Critically for numeric purposes, it also has methods and functions for constructing discrete approximations to those distributions (e.g. **_approx\_lognormal()_** to approximate a log-normal distribution) as well as manipulating these representations (e.g. appending one outcome to an existing distribution, or combining independent univariate distributions into one multivariate distribution). As a convention in HARK, continuous distributions are approximated as finite discrete distributions when solving models. This both simplifies solution methods (reducing numeric integrals to simple dot products) and allows users to easily test whether their chosen degree of discretization yields a sufficient approximation to the full distribution. See [here](https://docs.econ-ark.org/docs/reference/tools/distribution.html) for further documentation. #### HARK.interpolation @@ -69,15 +69,15 @@ The **_HARK.interpolation_** module defines classes for representing interpolate When evaluating a stopping criterion for an infinite horizon problem, it is often necessary to know the ''distance'' between functions generated by successive iterations of a solution procedure. To this end, each interpolator class in HARK must define a **_distance_** method that takes as an input another instance of the same class and returns a non-negative real number representing the ''distance'' between the two. As each of the **_HARKinterpolatorXD_** classes inherits from **_MetricObject_**, all interpolator classes have the default ''universal'' distance method; the user must simply list the names of the relevant attributes in the attribute **_distance_criteria_** of the class. -Interpolation methods currently implemented in HARK include (multi)linear interpolation up to 4D, 1D cubic spline interpolation, (multi)linear interpolation over 1D interpolations (up to 4D total), (multi)linear interpolation over 2D interpolations (up to 4D total), linear interpolation over 3D interpolations, 2D curvilinear interpolation over irregular grids, interpolors for representing functions whose domain lower bound in one dimension depends on the other domain values, and 1D lower/upper envelope interpolators. See [here](https://docs.econ-ark.org/Documentation/reference/tools/interpolation.html) for further documentation. +Interpolation methods currently implemented in HARK include (multi)linear interpolation up to 4D, 1D cubic spline interpolation, (multi)linear interpolation over 1D interpolations (up to 4D total), (multi)linear interpolation over 2D interpolations (up to 4D total), linear interpolation over 3D interpolations, 2D curvilinear interpolation over irregular grids, interpolors for representing functions whose domain lower bound in one dimension depends on the other domain values, and 1D lower/upper envelope interpolators. See [here](https://docs.econ-ark.org/docs/reference/tools/interpolation.html) for further documentation. #### HARK.estimation -Functions for optimizing an objective function for the purposes of estimating a model can be found in **_HARK.estimation_**. As of this writing, the implementation includes only minimization by the Nelder-Mead simplex method, minimization by a derivative-free Powell method variant, and two small tools for resampling data (i.e. for a bootstrap); the minimizers are merely convenience wrappers (with result reporting) for optimizers included in **_scipy.optimize_**. The module also has functions for a parallel implementation of the Nelder-Mead simplex algorithm, as described in Wiswall and Lee (2011). Future functionality will include more robust global search methods, including genetic algorithms, simulated annealing, and differential evolution. See [here](https://docs.econ-ark.org/Documentation/reference/tools/estimation.html) for full documentation. +Functions for optimizing an objective function for the purposes of estimating a model can be found in **_HARK.estimation_**. As of this writing, the implementation includes only minimization by the Nelder-Mead simplex method, minimization by a derivative-free Powell method variant, and two small tools for resampling data (i.e. for a bootstrap); the minimizers are merely convenience wrappers (with result reporting) for optimizers included in **_scipy.optimize_**. The module also has functions for a parallel implementation of the Nelder-Mead simplex algorithm, as described in Wiswall and Lee (2011). Future functionality will include more robust global search methods, including genetic algorithms, simulated annealing, and differential evolution. See [here](https://docs.econ-ark.org/docs/reference/tools/estimation.html) for full documentation. #### HARK.parallel -By default, processes in Python are single-threaded, using only a single CPU core. The **_HARK.parallel_** module provides basic tools for using multiple CPU cores simultaneously, with minimal effort. In particular, it provides the function **_multi\_thread\_commands_**, which takes two arguments: a list of **_AgentType_** s and a list of commands as strings; each command should be a method of the **_AgentType_** s. The function simply distributes the **_AgentType_** s across threads on different cores and executes each command in order, returning no output (the **_AgentType_** s themselves are changed by running the commands). Equivalent results would be achieved by simply looping over each type and running each method in the list. Indeed, **_HARK.parallel_** also has a function called **_multi\_thread\_commands\_fake_** that does just that, with identical syntax to **_multi\_thread_\commands_**. Multithreading in HARK can thus be easily turned on and off. See [here](https://docs.econ-ark.org/Documentation/reference/tools/parallel.html) for full documentation. +By default, processes in Python are single-threaded, using only a single CPU core. The **_HARK.parallel_** module provides basic tools for using multiple CPU cores simultaneously, with minimal effort. In particular, it provides the function **_multi\_thread\_commands_**, which takes two arguments: a list of **_AgentType_** s and a list of commands as strings; each command should be a method of the **_AgentType_** s. The function simply distributes the **_AgentType_** s across threads on different cores and executes each command in order, returning no output (the **_AgentType_** s themselves are changed by running the commands). Equivalent results would be achieved by simply looping over each type and running each method in the list. Indeed, **_HARK.parallel_** also has a function called **_multi\_thread\_commands\_fake_** that does just that, with identical syntax to **_multi\_thread_\commands_**. Multithreading in HARK can thus be easily turned on and off. See [here](https://docs.econ-ark.org/docs/reference/tools/parallel.html) for full documentation. #### HARK.rewards diff --git a/examples/Journeys/Journey-PhD.ipynb b/examples/Journeys/Journey-PhD.ipynb index 8c2f25f94..9dacc7b52 100644 --- a/examples/Journeys/Journey-PhD.ipynb +++ b/examples/Journeys/Journey-PhD.ipynb @@ -1,541 +1,541 @@ { - "cells": [ - { - "cell_type": "markdown", - "metadata": {}, - "source": [ - "Journey: Economics PhD Student\n", - "====\n" - ] - }, - { - "cell_type": "markdown", - "metadata": {}, - "source": [ - "## 1 Introduction\n", - "\n", - "This notebook is designed as an introduction to someone with the training of a 1st year Economics student, but perhaps without much background in computer programming or scientific computation. As it is a \"journey,\" it is not one big tutorial, but a set of links to notebooks and other resources which will help you understand the different HARK objects and functionalities.\n", - "\n", - "This journey does not require any special skill in programming. However, we recommend you take a few introductory tutorials in Python and object-oriented programming (OOP) to make you familiar with the basic concepts. Moreover, we assume some knowledge in economic theory.\n", - "\n", - "As you have found this journey, you probably have a concept of what a heterogeneous agent model is, but here is a short recap. Think about a basic, infinitely lived consumer problem as you know from first-year graduate courses (letting alone the companies and general equilibrium for now). Using the Bellman equation, we can write it as:\n", - "\n", - "\\begin{eqnarray*}\n", - "V(M_t) &=& \\max_{C_t} U(C_t) + \\beta V(M_{t+1}), \\\\\n", - "& s.t. & \\\\\n", - "A_t &=& M_t - C_t, \\\\\n", - "M_{t+1} &=& R (M_{t}-C_{t}) + Y_t, \\\\\n", - "\\end{eqnarray*}\n", - "\n", - "\n", - "Where $\\beta <1$ is a discount factor, $C_t$ is consumption, $A_t$ - assets, $Y_t$ - income and $U(C)$ is a standard CRRA utility function:\n", - "\n", - "$$\n", - "U(C)=\\frac{C^{1-\\rho}}{1-\\rho}.\n", - "$$\n", - "\n", - "Now assume that every consumer faces some uncertainty on her income which is subject to idiosyncratic shocks - the realizations of each shock is (potentially) different for each agent. In this setting, it follows an AR (1) process, so that the current value of $Y$ is a state variable that predicts future values of $Y$.\n", - "\n", - "Then, the Bellman equation looks like:\n", - "\n", - "\\begin{eqnarray*}\n", - "V(M_t, Y_t) &=& \\max_{C_t} U(C_t) + E[\\beta V(M_{t+1}, Y_{t+1})], \\\\\n", - "& s.t. & \\\\\n", - "A_t &=& M_t - C_t, \\\\\n", - "M_{t+1} &=& R (M_{t}-C_{t}) + Y_t, \\\\\n", - "\\end{eqnarray*}\n", - "\n", - "Finding a distribution of agent assets (consumption, savings) must involve much more advanced numerical tools than in the representative agent setting. This is more demanding task to accomplish and master. Moreover, the knowledge about involved numerical methods is less systematic, and often hard to find. To quote the HARK [Documentation](https://docs.econ-ark.org/Documentation/overview/introduction.html):\n", - "\n", - "*\"After months of effort, you may have had the character-improving experience of\n", - "proudly explaining to your adviser that not only had you grafted two ideas\n", - "together, you also found a trick that speeded the solution by an order of\n", - "magnitude, only to be told that your breathtaking insight had been understood\n", - "for many years, as reflected in an appendix to a 2008 paper; or, worse, your\n", - "discovery was something that “everybody knows” but did not exist at all in\n", - "published form!\"*\n", - "\n", - "HARK was designed to help you avoid similar experiences. We see two main uses of this package and its tools:\n", - "\n", - "- To simulate the standard heterogeneous agent models without learning all the numerical methods\n", - "- To solve your own models building-on the already implemented algorithms\n", - "\n", - "This journey will help you mostly with using HARK in the first way. We do not elaborate here the numerical methods; however, in the last sections you can find some guidance on which methods were used and how the source code is structured.\n", - "\n", - "Although using the prepared package is easier than writing your own solution (what you will need to do sooner or later if you create an original heterogeneous agent model), there is much effort in comprehending the main classes and functionalities of HARK. We hope that this journey will make it easier! We believe that it also will be your first step into the world of the heterogeneous agents modeling.\n", - "\n", - "---\n", - "NOTE\n", - "***\n", - "We will be very happy to see your feedback. If you have any questions regarding this tutorial or HARK as a whole please see our [Github page](https://github.com/econ-ark/HARK).\n", - "\n", - "---" - ] - }, - { - "cell_type": "markdown", - "metadata": {}, - "source": [ - "## 2 Before you start\n", - "\n", - "As we have mentioned before, this journey does not require any special skill in programming. However, some knowledge about Python and object-oriented programing (OOP) is needed. We propose two possible ways to gather the basic concepts; however, plenty of others resources are available:\n", - "\n", - "- Quick introduction to Python and OOP: chapters five to seven from [Quantecon](https://python-programming.quantecon.org/intro.html) should familiarize you with everything what you need for the first tutorials.\n", - "- A little longer introduction (if you want to learn something about used numerical methods):\n", - " - Start with the basic Python [tutorial](https://docs.python.org/3/tutorial)\n", - " - Get some knowledge about [Numpy](https://numpy.org/doc/stable/user/quickstart.html)\n", - "- You can also learn Python by learning Machine learning, as there are many tutorials constructed in that way (one example is [scikit-learn tutorials](https://scikit-learn.org/stable/tutorial/index.html))." - ] - }, - { - "cell_type": "markdown", - "metadata": {}, - "source": [ - "## 3 Few words about HARK structure\n", - "\n", - "HARK was written using OOP (we hope that you skimmed the tutorials and have some understanding of this). This means that different parts of the model, like different types of consumers, firms, and general equilibrium conditions (if you have these components in the model), are implemented as different *objects*. Such structure enables you to build your own models with different consumer-type distributions / company structure (if you want some). Importantly, learning the package with such structure implies learning the different types of objects (classes).\n", - "\n", - "In HARK there are two main classes: `AgentType` (think consumers, microeconomic models) and `Market` (think general equilibrium, macroeconomic models). As AgentType objects are the attributes of the Market, we first present this type (additionally, if you are interested only in microeconomic research, you may not want to study the Market class).\n", - "\n", - "In practice, it will take more than two classes to accommodate the variety of models constructed using the toolkit. Thus, each class will have subclasses and those their own subclasses. In general, a more sophisticated class will be defined as a subclass. This journey will reflect this structure, first by presenting the most primitive models, and then the more fancy ones.\n", - "\n", - "---\n", - "NOTE\n", - "***\n", - "In OOP, objects are organized in **classes** (the general structure of the objects) and more specific **subclasses**. The subclass inherits the methods and attributes from the its parent class. Thus, everything which you can do with the object from a general class can be done with the object from its subclass. In case of the economic models, the basic one are always the parent classes of the more sophisticated ones.\n", - "\n", - "---\n" - ] - }, - { - "cell_type": "markdown", - "metadata": {}, - "source": [ - "## 4 Agent-type class\n", - "Agent-type class enables you to build microeconomic models (such as the one presented in the introduction). It is also the essential part of the macroeconomic model in HARK. So remember: *to use HARK, you always need to use agent-type classes!*\n", - "\n", - "### 4.1 Introductory example\n", - "As an example, let's solve the stochastic model from the introduction. Assume the income process of the agent $i$ in the period t, $Y_{i,t}$, is given by:\n", - "\n", - "\\begin{eqnarray*}\n", - "Y_{i,t} &=& \\varepsilon_t(\\theta_{i,t} p_{i,t}) \\\\\n", - "p_{i,t+1} &=& p_{i,t}\\psi_{i,t+1}\\\\\n", - "\\psi_{i,t} & \\sim & N(1,\\sigma_{\\varrho})\\\\\n", - "\\theta_{i,t} & \\sim & N(1,\\sigma_{\\theta})\\\\\n", - "\\end{eqnarray*}\n", - "\n", - "To get a universal solution of this problem, we need to find a policy function (in this case consumption function). This can be done easily using the HARK `solve` function.\n", - "\n", - "Before doing this, we need to declare our model (we assume standard parametrization: R= 1.03, $\\rho = 2$, $\\beta = 0.96$, $P(\\varepsilon=0)= 0.005$, $P(\\varepsilon=1)= 0.995$, $\\sigma_{\\psi}= \\sigma_{\\theta}=0.1)$:\n", - "\n", - "[comment]: <> (Is this the correct description of the income process? The confusion comes from not knowing the names of a few parameters \"epsilon\", \"P v.s. p\"? Does this match the income process defined in the cstw paper?)\n" - ] - }, - { - "cell_type": "code", - "execution_count": 1, - "metadata": { - "execution": { - "iopub.execute_input": "2024-07-11T15:32:51.730143Z", - "iopub.status.busy": "2024-07-11T15:32:51.729888Z", - "iopub.status.idle": "2024-07-11T15:32:52.476452Z", - "shell.execute_reply": "2024-07-11T15:32:52.475866Z" - } - }, - "outputs": [], - "source": [ - "import os\n", - "import sys # set path of the notebook\n", - "\n", - "sys.path.insert(0, os.path.abspath(\"../../.\"))\n", - "# we previously defined the paramters to not bother you about it now\n", - "import JourneyPhDparam as Params # imported paramters\n", - "\n", - "from HARK.ConsumptionSaving.ConsIndShockModel import * # import the module for the idiosyncratic shocks\n", - "from HARK.utilities import plot_funcs # useful function\n", - "\n", - "Example = IndShockConsumerType()" - ] - }, - { - "cell_type": "markdown", - "metadata": {}, - "source": [ - "Next we can solve the model and plot the consumption function:" - ] - }, - { - "cell_type": "code", - "execution_count": 2, - "metadata": { - "execution": { - "iopub.execute_input": "2024-07-11T15:32:52.478475Z", - "iopub.status.busy": "2024-07-11T15:32:52.478187Z", - "iopub.status.idle": "2024-07-11T15:32:52.773208Z", - "shell.execute_reply": "2024-07-11T15:32:52.772677Z" - } - }, - "outputs": [ - { - "name": "stdout", - "output_type": "stream", - "text": [ - "Consumption function\n" - ] + "cells": [ + { + "cell_type": "markdown", + "metadata": {}, + "source": [ + "Journey: Economics PhD Student\n", + "====\n" + ] + }, + { + "cell_type": "markdown", + "metadata": {}, + "source": [ + "## 1 Introduction\n", + "\n", + "This notebook is designed as an introduction to someone with the training of a 1st year Economics student, but perhaps without much background in computer programming or scientific computation. As it is a \"journey,\" it is not one big tutorial, but a set of links to notebooks and other resources which will help you understand the different HARK objects and functionalities.\n", + "\n", + "This journey does not require any special skill in programming. However, we recommend you take a few introductory tutorials in Python and object-oriented programming (OOP) to make you familiar with the basic concepts. Moreover, we assume some knowledge in economic theory.\n", + "\n", + "As you have found this journey, you probably have a concept of what a heterogeneous agent model is, but here is a short recap. Think about a basic, infinitely lived consumer problem as you know from first-year graduate courses (letting alone the companies and general equilibrium for now). Using the Bellman equation, we can write it as:\n", + "\n", + "\\begin{eqnarray*}\n", + "V(M_t) &=& \\max_{C_t} U(C_t) + \\beta V(M_{t+1}), \\\\\n", + "& s.t. & \\\\\n", + "A_t &=& M_t - C_t, \\\\\n", + "M_{t+1} &=& R (M_{t}-C_{t}) + Y_t, \\\\\n", + "\\end{eqnarray*}\n", + "\n", + "\n", + "Where $\\beta <1$ is a discount factor, $C_t$ is consumption, $A_t$ - assets, $Y_t$ - income and $U(C)$ is a standard CRRA utility function:\n", + "\n", + "$$\n", + "U(C)=\\frac{C^{1-\\rho}}{1-\\rho}.\n", + "$$\n", + "\n", + "Now assume that every consumer faces some uncertainty on her income which is subject to idiosyncratic shocks - the realizations of each shock is (potentially) different for each agent. In this setting, it follows an AR (1) process, so that the current value of $Y$ is a state variable that predicts future values of $Y$.\n", + "\n", + "Then, the Bellman equation looks like:\n", + "\n", + "\\begin{eqnarray*}\n", + "V(M_t, Y_t) &=& \\max_{C_t} U(C_t) + E[\\beta V(M_{t+1}, Y_{t+1})], \\\\\n", + "& s.t. & \\\\\n", + "A_t &=& M_t - C_t, \\\\\n", + "M_{t+1} &=& R (M_{t}-C_{t}) + Y_t, \\\\\n", + "\\end{eqnarray*}\n", + "\n", + "Finding a distribution of agent assets (consumption, savings) must involve much more advanced numerical tools than in the representative agent setting. This is more demanding task to accomplish and master. Moreover, the knowledge about involved numerical methods is less systematic, and often hard to find. To quote the HARK [Documentation](https://docs.econ-ark.org/docs/overview/introduction.html):\n", + "\n", + "*\"After months of effort, you may have had the character-improving experience of\n", + "proudly explaining to your adviser that not only had you grafted two ideas\n", + "together, you also found a trick that speeded the solution by an order of\n", + "magnitude, only to be told that your breathtaking insight had been understood\n", + "for many years, as reflected in an appendix to a 2008 paper; or, worse, your\n", + "discovery was something that “everybody knows” but did not exist at all in\n", + "published form!\"*\n", + "\n", + "HARK was designed to help you avoid similar experiences. We see two main uses of this package and its tools:\n", + "\n", + "- To simulate the standard heterogeneous agent models without learning all the numerical methods\n", + "- To solve your own models building-on the already implemented algorithms\n", + "\n", + "This journey will help you mostly with using HARK in the first way. We do not elaborate here the numerical methods; however, in the last sections you can find some guidance on which methods were used and how the source code is structured.\n", + "\n", + "Although using the prepared package is easier than writing your own solution (what you will need to do sooner or later if you create an original heterogeneous agent model), there is much effort in comprehending the main classes and functionalities of HARK. We hope that this journey will make it easier! We believe that it also will be your first step into the world of the heterogeneous agents modeling.\n", + "\n", + "---\n", + "NOTE\n", + "***\n", + "We will be very happy to see your feedback. If you have any questions regarding this tutorial or HARK as a whole please see our [Github page](https://github.com/econ-ark/HARK).\n", + "\n", + "---" + ] + }, + { + "cell_type": "markdown", + "metadata": {}, + "source": [ + "## 2 Before you start\n", + "\n", + "As we have mentioned before, this journey does not require any special skill in programming. However, some knowledge about Python and object-oriented programing (OOP) is needed. We propose two possible ways to gather the basic concepts; however, plenty of others resources are available:\n", + "\n", + "- Quick introduction to Python and OOP: chapters five to seven from [Quantecon](https://python-programming.quantecon.org/intro.html) should familiarize you with everything what you need for the first tutorials.\n", + "- A little longer introduction (if you want to learn something about used numerical methods):\n", + " - Start with the basic Python [tutorial](https://docs.python.org/3/tutorial)\n", + " - Get some knowledge about [Numpy](https://numpy.org/doc/stable/user/quickstart.html)\n", + "- You can also learn Python by learning Machine learning, as there are many tutorials constructed in that way (one example is [scikit-learn tutorials](https://scikit-learn.org/stable/tutorial/index.html))." + ] + }, + { + "cell_type": "markdown", + "metadata": {}, + "source": [ + "## 3 Few words about HARK structure\n", + "\n", + "HARK was written using OOP (we hope that you skimmed the tutorials and have some understanding of this). This means that different parts of the model, like different types of consumers, firms, and general equilibrium conditions (if you have these components in the model), are implemented as different *objects*. Such structure enables you to build your own models with different consumer-type distributions / company structure (if you want some). Importantly, learning the package with such structure implies learning the different types of objects (classes).\n", + "\n", + "In HARK there are two main classes: `AgentType` (think consumers, microeconomic models) and `Market` (think general equilibrium, macroeconomic models). As AgentType objects are the attributes of the Market, we first present this type (additionally, if you are interested only in microeconomic research, you may not want to study the Market class).\n", + "\n", + "In practice, it will take more than two classes to accommodate the variety of models constructed using the toolkit. Thus, each class will have subclasses and those their own subclasses. In general, a more sophisticated class will be defined as a subclass. This journey will reflect this structure, first by presenting the most primitive models, and then the more fancy ones.\n", + "\n", + "---\n", + "NOTE\n", + "***\n", + "In OOP, objects are organized in **classes** (the general structure of the objects) and more specific **subclasses**. The subclass inherits the methods and attributes from the its parent class. Thus, everything which you can do with the object from a general class can be done with the object from its subclass. In case of the economic models, the basic one are always the parent classes of the more sophisticated ones.\n", + "\n", + "---\n" + ] + }, + { + "cell_type": "markdown", + "metadata": {}, + "source": [ + "## 4 Agent-type class\n", + "Agent-type class enables you to build microeconomic models (such as the one presented in the introduction). It is also the essential part of the macroeconomic model in HARK. So remember: *to use HARK, you always need to use agent-type classes!*\n", + "\n", + "### 4.1 Introductory example\n", + "As an example, let's solve the stochastic model from the introduction. Assume the income process of the agent $i$ in the period t, $Y_{i,t}$, is given by:\n", + "\n", + "\\begin{eqnarray*}\n", + "Y_{i,t} &=& \\varepsilon_t(\\theta_{i,t} p_{i,t}) \\\\\n", + "p_{i,t+1} &=& p_{i,t}\\psi_{i,t+1}\\\\\n", + "\\psi_{i,t} & \\sim & N(1,\\sigma_{\\varrho})\\\\\n", + "\\theta_{i,t} & \\sim & N(1,\\sigma_{\\theta})\\\\\n", + "\\end{eqnarray*}\n", + "\n", + "To get a universal solution of this problem, we need to find a policy function (in this case consumption function). This can be done easily using the HARK `solve` function.\n", + "\n", + "Before doing this, we need to declare our model (we assume standard parametrization: R= 1.03, $\\rho = 2$, $\\beta = 0.96$, $P(\\varepsilon=0)= 0.005$, $P(\\varepsilon=1)= 0.995$, $\\sigma_{\\psi}= \\sigma_{\\theta}=0.1)$:\n", + "\n", + "[comment]: <> (Is this the correct description of the income process? The confusion comes from not knowing the names of a few parameters \"epsilon\", \"P v.s. p\"? Does this match the income process defined in the cstw paper?)\n" + ] + }, + { + "cell_type": "code", + "execution_count": 1, + "metadata": { + "execution": { + "iopub.execute_input": "2024-07-11T15:32:51.730143Z", + "iopub.status.busy": "2024-07-11T15:32:51.729888Z", + "iopub.status.idle": "2024-07-11T15:32:52.476452Z", + "shell.execute_reply": "2024-07-11T15:32:52.475866Z" + } + }, + "outputs": [], + "source": [ + "import os\n", + "import sys # set path of the notebook\n", + "\n", + "sys.path.insert(0, os.path.abspath(\"../../.\"))\n", + "# we previously defined the paramters to not bother you about it now\n", + "import JourneyPhDparam as Params # imported paramters\n", + "\n", + "from HARK.ConsumptionSaving.ConsIndShockModel import * # import the module for the idiosyncratic shocks\n", + "from HARK.utilities import plot_funcs # useful function\n", + "\n", + "Example = IndShockConsumerType()" + ] + }, + { + "cell_type": "markdown", + "metadata": {}, + "source": [ + "Next we can solve the model and plot the consumption function:" + ] + }, + { + "cell_type": "code", + "execution_count": 2, + "metadata": { + "execution": { + "iopub.execute_input": "2024-07-11T15:32:52.478475Z", + "iopub.status.busy": "2024-07-11T15:32:52.478187Z", + "iopub.status.idle": "2024-07-11T15:32:52.773208Z", + "shell.execute_reply": "2024-07-11T15:32:52.772677Z" + } + }, + "outputs": [ + { + "name": "stdout", + "output_type": "stream", + "text": [ + "Consumption function\n" + ] + }, + { + "data": { + "image/png": "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", + "text/plain": [ + "
" + ] + }, + "metadata": {}, + "output_type": "display_data" + } + ], + "source": [ + "Example.solve()\n", + "min_v = Example.solution[\n", + " 0\n", + "].mNrmMin # minimal value for which the consumption function is defined\n", + "max_v = 20\n", + "print(\"Consumption function\")\n", + "plot_funcs([Example.solution[0].cFunc], min_v, max_v)" + ] + }, + { + "cell_type": "markdown", + "metadata": {}, + "source": [ + "### 4.2 The Agent-Type structure\n", + "To understand the microeconomic models in HARK, you need to have some concept of the Agent-type class structure. As it was mentioned, in HARK more advanced models are subclasses of the more primitive ones. The following diagram illustrates this structure: the deterministic class `PerfForesightConsumerType` is the parent for the class of the consumers with idiosyncratic income shocks `IndShockConsumerType`. Subsequently, there is a class defined with both idiosyncratic and aggregate income shocks `𝙼𝚊𝚛𝚔𝚘𝚟ConsumerType`.\n", + "\n", + "![HARK structure](HARK-struct-2.png)\n", + "\n", + "However, it doesn't end there! There are subclasses of the `AggShockConsumerType` which are designed to be integrated with macroeconomic models (we will discuss them in the section devoted to the Market class), as well as there are many other subclasses (which we will mention in the supplementary section)." + ] + }, + { + "cell_type": "markdown", + "metadata": {}, + "source": [ + "### 4.3 Main tutorials\n", + "\n", + "To reflect the agent-type structure, we propose you start with the Quickstart notebook (it is devoted to the deterministic case). Then proceed to the idiosyncratic consumers and then to consumers with aggregate and idiosyncratic shocks. The exact order of the suggested tutorials is given in the table.\n", + "\n", + "\n", + "|Number | Tutorial | Description|\n", + "| :---- | :---- | :---- |\n", + "|1 |[Quickstart](https://github.com/econ-ark/HARK/blob/master/examples/Journeys/Quickstart_tutorial/Quick_start_with_solution.ipynb) |This tutorial familiarize you with the basic HARK objects and functionalities.
You will learn how to create, solve, plot and simulate the deterministic
microeconomic models ($\\texttt{PerfForesightConsumerType}$ class).|\n", + "|2 |[Idiosyncratic consumers](https://github.com/econ-ark/HARK/blob/master/examples/ConsIndShockModel/IndShockConsumerType.ipynb) |In this tutorial you will learn how to deal
with the microeconomic models with agents with idiosyncratic shocks:
individual productivity shocks ($\\texttt{IndShockConsumerType}$ class). It builds on the Quickstart. |\n", + "|3|[Nondurables during great recession](https://github.com/econ-ark/DemARK/blob/master/notebooks/Nondurables-During-Great-Recession.ipynb)| Use you knowledge about HARK to conduct a few economic experiments!
You will examine the effects of the uncertinity increase on the heterogenous
agents with idiosyncratic income risk.|\n", + "|4|[Chinese-Growth](https://github.com/econ-ark/DemARK/blob/master/notebooks/Chinese-Growth.ipynb)|Learn how to dealt with models with idiosyncratic
and aggregate risk ($\\texttt{𝙼𝚊𝚛𝚔𝚘𝚟ConsumerType}$ class).
Next build advanced simulation with many agent types.|\n" + ] + }, + { + "cell_type": "markdown", + "metadata": {}, + "source": [ + "### 4.4 Supplementary tutorials\n", + "\n", + "The aforementioned four tutorials are the most essential ones. However, in HARK there are a few other classes with a similar structure as three basic ones (with some minor differences). Here is a list of the notebooks which familiarize you with them (if you so wish, as it is not required to understand the next topics).\n", + "\n", + "|Number | Tutorial | Description|\n", + "| :---- | :---- | :---- |\n", + "|1* |[Kinked consumer](https://github.com/econ-ark/HARK/blob/master/examples/ConsIndShockModel/KinkedRconsumerType.ipynb) | $\\texttt{KinkedRconsumerType}$ is a subclass of $\\texttt{IndShockConsumerType}$.
In enables to set different borrowing and lending interest rate. |\n", + "|2* |[Buffer-stock consumer](https://github.com/econ-ark/DemARK/blob/master/notebooks/Gentle-Intro-To-HARK-Buffer-Stock-Model.ipynb) | In the Buffer Stock model, the unemployment state (zero income stat) is irreversible.
This framework is implemented by $\\texttt{TractableConsumerType}$ class.
For the analytical properties of buffer stock model check this [lecture notes](https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/Consumption/TractableBufferStock/).|\n", + "|3*|[Generalized income process](https://github.com/econ-ark/HARK/blob/master/examples/GenIncProcessModel/GenIncProcessModel.ipynb)| In $\\texttt{IndShockConsumerType}$ class, the idiosyncratic income shocks
were assumed to be or purely permanent or purely transitory. In the similar class
$\\texttt{PersistentShockConsumerType}$ the income shocks follows AR(1) process with parameter <1,
thus there are not full permanent nor transitory
(it was called generalized income process).|\n", + "\n" + ] + }, + { + "cell_type": "markdown", + "metadata": {}, + "source": [ + "## 5 Market class\n", + "\n", + "In macroeconomic models, the consumers are only one possible type of agent. In such models, the economy contains also firms and a government (or other types of agents). In HARK, several standard macro models were implemented using the **Market** class and its subclasses.\n", + "\n" + ] + }, + { + "cell_type": "markdown", + "metadata": {}, + "source": [ + "### 5.1 Introductory example\n", + "\n", + "Let's extend our model from the previous section. Assume the perfect competition and Cobb-Douglas production function:\n", + "\n", + "\\begin{eqnarray*}\n", + "y_t = k_t^{\\alpha} n_t^{1-\\alpha}\n", + "\\end{eqnarray*}\n", + "Thus, the producers' problem is:\n", + "\\begin{eqnarray*}\n", + "\\max_{k_t, n_t} &\\: k_t^{\\alpha} n_t^{1-\\alpha} - (R_t +\\delta)k_t-w_t n_t\n", + "\\end{eqnarray*}\n", + "\n", + "Where $k_t$ is capital, $n_t$ is labour, $\\delta$ is a depreciation rate.\n", + "\n", + "In this case, consumers' incomes are determined by the wage:\n", + "\n", + "[comment]: <> (Should there be an equation here? Or is this information apparent from the bellman equation?)\n", + "\n", + "\\begin{eqnarray*}\n", + "V(M_{i,t}, Y_{i,t}) &=& \\max_{C_{i,t}, M_{i,t+1}} U(C_{i,t}) + E[\\beta V(M_{i,t+1}, Y_{i,t+1})], \\\\\n", + "& s.t. & \\\\\n", + "A_{i,t} &=& M_{i,t} - C_{i,t}, \\\\\n", + "M_{i,t+1} &=& R_{t+1} (M_{i,t}-C_{i,t}) + w_{t+1} Y_{i,t+1}, \\\\\n", + "\\end{eqnarray*}\n", + "\n", + "Additionally, assume that the distribution of the consumers over capital is given by the measure $\\Gamma_t$. To close the economy, there are the market clearing conditions:\n", + "\\begin{eqnarray*}\n", + "n_t &= \\int Y{_i,t} d \\Gamma_t \\\\\n", + "k_{t+1} &= \\int A_{i,t}^i d \\Gamma_t \\\\\n", + "k_{t+1}+ \\int C_{i,t} d\\Gamma_t &= y_t+(1-\\delta)k_t\n", + "\\end{eqnarray*}\n", + "\n", + "In HARK, you can solve this basic case by using the `CobbDouglasEconomy` class. However, to add the consumers to the economy you need the `AggShockConsumerType` class, which is a subclass of `IndShockConsumerType` Let's declare the economy (assuming depreciation rate $\\delta = 0.025$):\n" + ] + }, + { + "cell_type": "code", + "execution_count": 3, + "metadata": { + "execution": { + "iopub.execute_input": "2024-07-11T15:32:52.775020Z", + "iopub.status.busy": "2024-07-11T15:32:52.774672Z", + "iopub.status.idle": "2024-07-11T15:32:52.789835Z", + "shell.execute_reply": "2024-07-11T15:32:52.789349Z" + } + }, + "outputs": [], + "source": [ + "from HARK.ConsumptionSaving.ConsAggShockModel import * # module with the economy classes\n", + "\n", + "AggShockExample = AggShockConsumerType(\n", + " **Params.init_agg_shocks,\n", + ") # declare the consumer, using the previously prepared parameters\n", + "\n", + "# Make a Cobb-Douglas economy for the agents\n", + "EconomyExample = CobbDouglasEconomy(\n", + " agents=[AggShockExample],\n", + " **Params.init_cobb_douglas,\n", + ")" + ] + }, + { + "cell_type": "markdown", + "metadata": {}, + "source": [ + "Now, you can solve the economy and plot the aggregate savings function:" + ] + }, + { + "cell_type": "code", + "execution_count": 4, + "metadata": { + "execution": { + "iopub.execute_input": "2024-07-11T15:32:52.791510Z", + "iopub.status.busy": "2024-07-11T15:32:52.791254Z", + "iopub.status.idle": "2024-07-11T15:32:52.858212Z", + "shell.execute_reply": "2024-07-11T15:32:52.857695Z" + } + }, + "outputs": [ + { + "name": "stdout", + "output_type": "stream", + "text": [ + "capital-level steady state: 13.943289665216982\n" + ] + }, + { + "data": { + "image/png": "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", + "text/plain": [ + "
" + ] + }, + "metadata": {}, + "output_type": "display_data" + } + ], + "source": [ + "EconomyExample.make_AggShkHist() # Simulate a history of aggregate shocks\n", + "\n", + "# Have the consumers inherit relevant objects from the economy\n", + "AggShockExample.get_economy_data(EconomyExample)\n", + "\n", + "AggShockExample.solve() # solve the model\n", + "\n", + "print(\n", + " \"capital-level steady state: \",\n", + " EconomyExample.kSS,\n", + ") # print the capital-level steady stae\n", + "\n", + "plot_funcs(\n", + " AggShockExample.AFunc,\n", + " 0.1,\n", + " 2 * EconomyExample.kSS,\n", + ") # plot the aggregate savings function" + ] + }, + { + "cell_type": "markdown", + "metadata": {}, + "source": [ + "### 5.2 Market class structure\n", + "\n", + "As in the case of the agent-type, the more complicated macroeconomic models are the subclasses of more primitive ones. The subclasses of Market include `CobbDouglasEconomy` and `SmallOpenEconomy`. The main difference between them is that for `CobbDouglasEconomy`, the capital and labour prices are endogenous, while in the (small) open economy class both are set exogenously.\n", + "\n", + "Nevertheless, both basic classes enable the aggregate fluctuation in the economy, that is:\n", + "\n", + "\\begin{eqnarray*}\n", + "Y_{i,t} &=& \\varepsilon_t(\\epsilon_{i,t}p_{i,t}\\Theta_t P_t )\\\\\n", + "P_{t+1} &=& P_{t}\\Psi_{t+1}\\\\\n", + "\\Psi_{t} &\\sim & {N}(1,\\sigma_{\\Psi})\\\\\n", + "\\Theta_t &\\sim &{N}(1,\\sigma_{\\Theta})\\\\\n", + "\\end{eqnarray*}\n", + "\n", + "The consumers, which are attributes of such market classes, need to include the aggregate fluctuations of the whole economy in their optimization problem. This is the reason why the `AggShockConsumerType` class (and their subclasses) must be used to construct the macro-model.\n", + "\n", + "The subclass of `CobbDouglasEconomy` is `CobbDouglasMarkovEconomy`. In this setting, there exists an additional aggregate fluctuation in the economy (the distribution of which is given by the finite Markov matrix).\n", + "\n", + "\n", + "![HARK_struct_2](HARK-struct-4.png)\n", + "\n", + "\n" + ] + }, + { + "cell_type": "markdown", + "metadata": {}, + "source": [ + "### 5.3 Tutorial\n", + "\n", + "To learn the functionalities of the market-type classes in HARK we suggest studying the following notebook devoted to [Krussel-Smith economy](https://github.com/econ-ark/REMARK/blob/master/REMARKs/KrusellSmith.md). In this notebook, the classical [Krussell-Smith model](https://www.journals.uchicago.edu/doi/abs/10.1086/250034?journalCode=jpe) is implemented (with some extensions) using the `CobbDouglasMarkovEconomy` class.\n", + "\n", + "Before that, you may want to check the main function from [ConsAggShockModel module](https://github.com/econ-ark/HARK/blob/master/examples/ConsumptionSaving/example_ConsAggShockModel.ipynb) or its [source code](https://github.com/econ-ark/HARK/blob/master//HARK/ConsumptionSaving/ConsAggShockModel.py) to see the basic steps to create the market type objects.\n", + "\n" + ] + }, + { + "cell_type": "markdown", + "metadata": {}, + "source": [ + "#### 5.3.1 If you want to learn (a little) how the Market class works\n", + "\n", + "The Market class was designed to be a general framework for many different macro models. It involves a procedure of aggregating the agents' choices: eg. aggregating consumption and savings (`reap_vars` in the code) and then transforming the aggregated variables (`mill_rule` in the code).\n", + "\n", + "If you would like to get better knowledge about this structure, first take a look at the [Hark documentation](https://docs.econ-ark.org/docs/overview/ARKitecture.html). Next, to understand how the HARK Market class works in less standard setting, look at the [Fashion victim model](https://github.com/econ-ark/DemARK/blob/99948acb7b59cc9a6fb7de758972266fa4b03a06/notebooks/Fashion-Victim-Model.ipynb).\n" + ] + }, + { + "cell_type": "markdown", + "metadata": {}, + "source": [ + "## 6 If you need to study a source code\n", + "\n", + "In the previous sections we saw an example of how to solve different models using HARK. However, we know that you may also need to work with the source code for a few reasons (e.g. to learn used numerical methods, write your own code).\n", + "\n", + "Working directly with code (even if well-written) is a much more complicated tasks than just working with finished functions, and no tutorial will let you go through this painlessly. However, we hope that this partelaborating on the HARK structure and numerical methods will help you with this task.\n", + "\n", + "### 6.1 A few more words on HARK structure\n", + "\n", + "When you look at the [HARK](https://github.com/econ-ark/HARK) sources, you will find the subdirectory called HARK. Next there is a script called \"core. py\". Surprisingly, you will not find this code in many of the subclasses which you learned during this journey!\n", + "\n", + "The reason for this is that HARK.core.py is a core of the package: a framework for all models which can be coded in HARK. It contains the general framework of the agent-type classes (AgentType class) and for the market. The exact structure of modules in the HARK core you can find in the [Hark documentation](https://docs.econ-ark.org/docs/overview/ARKitecture.html#general-purpose-tools). Here, you can also find the general structure of the [AgentType](https://docs.econ-ark.org/docs/overview/ARKitecture.html#agenttype-class) and [Market classes](https://docs.econ-ark.org/docs/overview/ARKitecture.html#market-class).\n", + "\n", + "Where are the subclasses which you'v learned during the journey? In HARK, the subclasses are located in the separate directories. For the AgentType subclasses, you need to look at HARK.ConsumptionSaving directory. For example, `PerfForesightConsumerType` and `IndShockConsumerType` can be found in ConsIndShockModel.py. Nevertheless, if you want to understand any of the HARK modules, you must first understand `HARK.core`.\n", + "\n", + "\n", + "### 6.2 HARK solution\n", + "\n", + "For the consumer problems, solutions of the one-period consumer's problem are found using the attribute function `solve_one_period`. The inputs passed to this function also include data from the subsequent periods. Before solve_one_period is called, the function pre_solve() is applied, which prepare the solution (eg. transmit the solution of the sub-sequent period as an input).\n", + "\n", + "The structure of the functions which are used as solve_one_period reflects the agent-type class structures. Thus, when you will study the source code, you will first read the solve classes.\n", + "\n", + "![Hark_struct3](HARK-struct-3.png)\n", + "\n", + "\n", + "#### 6.2.1 Solution method for agent problem\n", + "However, knowing the structure of the code may not be very beneficial if you do not know the solution method! While for the perfect foresight consumer has an analytic solution, the policy functions for the stochastic consumer (thus with the idiosyncratic or the aggregate shocks) are solved by the **endogenous grid method**.\n", + "\n", + "The method of endogenous gridpoints is now widely used in macroeconomic simulations. There are a few resources to learn it; here, we suggest Professor Carroll's [lecture notes](https://www.econ2.jhu.edu/people/ccarroll/SolvingMicroDSOPs/). If you prefer a very quick version, we suggest appendix to the Kruger and Kindermann [paper](https://www.nber.org/papers/w20601.pdf) (they develop a slightly bigger model with a different notation, but the idea is the same).\n", + "\n", + "#### 6.2.2 Finding general equilibrium\n", + "In general, the rational expectations general equilibrium is found by updating the agents' expectations and the aggregate choices up to the point at which the actual aggregated variables (like interest rate or capital) are equal to the expected ones. However, one may need to refer to the papers cited in the notebooks to understand the exact methods used.\n", + "\n", + "\n", + "### 6.3 How to study HARK codes\n", + "\n", + "We hope that this section gave you some idea how the HARK library works. However, HARK contains much more than is discussed here. Here is some more guidance on how to continue your journey:\n", + "\n", + "- Before you start make sure that you understand the endogenous grid method, as well as the general framework structure for AgentType and Market from [HARK documentation](https://docs.econ-ark.org/docs/overview/ARKitecture.html#agenttype-class).\n", + "- When working through HARK.core, make sure that you see the connection between the structure in the documentation and the code (check autodoc from the [HARK documentation](https://docs.econ-ark.org/docs/reference/tools/core.html) webpage).\n", + "- Proceed to the ConsumptionSaving/ConsIndShockModel.py and compare the tutorials with the source code.\n", + "- Proceed to the ConsumptionSaving/ConsAggShockModel.py and compare the tutorial on the Market class with the source code, check [autodoc](https://docs.econ-ark.org/docs/reference/ConsumptionSaving/ConsAggShockModel.html).\n", + "\n", + "So in general, when you want to learn any of the modules in the HARK toolkit, first check autodoc from the [HARK documentation](https://docs.econ-ark.org/docs/reference/index.html) webpage.\n" + ] + } + ], + "metadata": { + "jupytext": { + "cell_metadata_filter": "ExecuteTime,collapsed,-autoscroll", + "formats": "ipynb,py:percent", + "notebook_metadata_filter": "all,-widgets,-varInspector" + }, + "kernelspec": { + "display_name": "Python 3 (ipykernel)", + "language": "python", + "name": "python3" + }, + "language_info": { + "codemirror_mode": { + "name": "ipython", + "version": 3 + }, + "file_extension": ".py", + "mimetype": "text/x-python", + "name": "python", + "nbconvert_exporter": "python", + "pygments_lexer": "ipython3", + "version": "3.11.9" + }, + "latex_envs": { + "LaTeX_envs_menu_present": true, + "autoclose": false, + "autocomplete": true, + "bibliofile": "biblio.bib", + "cite_by": "apalike", + "current_citInitial": 1, + "eqLabelWithNumbers": true, + "eqNumInitial": 1, + "hotkeys": { + "equation": "Ctrl-E", + "itemize": "Ctrl-I" + }, + "labels_anchors": false, + "latex_user_defs": false, + "report_style_numbering": false, + "user_envs_cfg": false + }, + "toc": { + "base_numbering": 1, + "nav_menu": {}, + "number_sections": true, + "sideBar": true, + "skip_h1_title": false, + "title_cell": "Table of Contents", + "title_sidebar": "Contents", + "toc_cell": false, + "toc_position": {}, + "toc_section_display": true, + "toc_window_display": false + } }, - { - "data": { - "image/png": "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", - "text/plain": [ - "
" - ] - }, - "metadata": {}, - "output_type": "display_data" - } - ], - "source": [ - "Example.solve()\n", - "min_v = Example.solution[\n", - " 0\n", - "].mNrmMin # minimal value for which the consumption function is defined\n", - "max_v = 20\n", - "print(\"Consumption function\")\n", - "plot_funcs([Example.solution[0].cFunc], min_v, max_v)" - ] - }, - { - "cell_type": "markdown", - "metadata": {}, - "source": [ - "### 4.2 The Agent-Type structure\n", - "To understand the microeconomic models in HARK, you need to have some concept of the Agent-type class structure. As it was mentioned, in HARK more advanced models are subclasses of the more primitive ones. The following diagram illustrates this structure: the deterministic class `PerfForesightConsumerType` is the parent for the class of the consumers with idiosyncratic income shocks `IndShockConsumerType`. Subsequently, there is a class defined with both idiosyncratic and aggregate income shocks `𝙼𝚊𝚛𝚔𝚘𝚟ConsumerType`.\n", - "\n", - "![HARK structure](HARK-struct-2.png)\n", - "\n", - "However, it doesn't end there! There are subclasses of the `AggShockConsumerType` which are designed to be integrated with macroeconomic models (we will discuss them in the section devoted to the Market class), as well as there are many other subclasses (which we will mention in the supplementary section)." - ] - }, - { - "cell_type": "markdown", - "metadata": {}, - "source": [ - "### 4.3 Main tutorials\n", - "\n", - "To reflect the agent-type structure, we propose you start with the Quickstart notebook (it is devoted to the deterministic case). Then proceed to the idiosyncratic consumers and then to consumers with aggregate and idiosyncratic shocks. The exact order of the suggested tutorials is given in the table.\n", - "\n", - "\n", - "|Number | Tutorial | Description|\n", - "| :---- | :---- | :---- |\n", - "|1 |[Quickstart](https://github.com/econ-ark/HARK/blob/master/examples/Journeys/Quickstart_tutorial/Quick_start_with_solution.ipynb) |This tutorial familiarize you with the basic HARK objects and functionalities.
You will learn how to create, solve, plot and simulate the deterministic
microeconomic models ($\\texttt{PerfForesightConsumerType}$ class).|\n", - "|2 |[Idiosyncratic consumers](https://github.com/econ-ark/HARK/blob/master/examples/ConsIndShockModel/IndShockConsumerType.ipynb) |In this tutorial you will learn how to deal
with the microeconomic models with agents with idiosyncratic shocks:
individual productivity shocks ($\\texttt{IndShockConsumerType}$ class). It builds on the Quickstart. |\n", - "|3|[Nondurables during great recession](https://github.com/econ-ark/DemARK/blob/master/notebooks/Nondurables-During-Great-Recession.ipynb)| Use you knowledge about HARK to conduct a few economic experiments!
You will examine the effects of the uncertinity increase on the heterogenous
agents with idiosyncratic income risk.|\n", - "|4|[Chinese-Growth](https://github.com/econ-ark/DemARK/blob/master/notebooks/Chinese-Growth.ipynb)|Learn how to dealt with models with idiosyncratic
and aggregate risk ($\\texttt{𝙼𝚊𝚛𝚔𝚘𝚟ConsumerType}$ class).
Next build advanced simulation with many agent types.|\n" - ] - }, - { - "cell_type": "markdown", - "metadata": {}, - "source": [ - "### 4.4 Supplementary tutorials\n", - "\n", - "The aforementioned four tutorials are the most essential ones. However, in HARK there are a few other classes with a similar structure as three basic ones (with some minor differences). Here is a list of the notebooks which familiarize you with them (if you so wish, as it is not required to understand the next topics).\n", - "\n", - "|Number | Tutorial | Description|\n", - "| :---- | :---- | :---- |\n", - "|1* |[Kinked consumer](https://github.com/econ-ark/HARK/blob/master/examples/ConsIndShockModel/KinkedRconsumerType.ipynb) | $\\texttt{KinkedRconsumerType}$ is a subclass of $\\texttt{IndShockConsumerType}$.
In enables to set different borrowing and lending interest rate. |\n", - "|2* |[Buffer-stock consumer](https://github.com/econ-ark/DemARK/blob/master/notebooks/Gentle-Intro-To-HARK-Buffer-Stock-Model.ipynb) | In the Buffer Stock model, the unemployment state (zero income stat) is irreversible.
This framework is implemented by $\\texttt{TractableConsumerType}$ class.
For the analytical properties of buffer stock model check this [lecture notes](https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/Consumption/TractableBufferStock/).|\n", - "|3*|[Generalized income process](https://github.com/econ-ark/HARK/blob/master/examples/GenIncProcessModel/GenIncProcessModel.ipynb)| In $\\texttt{IndShockConsumerType}$ class, the idiosyncratic income shocks
were assumed to be or purely permanent or purely transitory. In the similar class
$\\texttt{PersistentShockConsumerType}$ the income shocks follows AR(1) process with parameter <1,
thus there are not full permanent nor transitory
(it was called generalized income process).|\n", - "\n" - ] - }, - { - "cell_type": "markdown", - "metadata": {}, - "source": [ - "## 5 Market class\n", - "\n", - "In macroeconomic models, the consumers are only one possible type of agent. In such models, the economy contains also firms and a government (or other types of agents). In HARK, several standard macro models were implemented using the **Market** class and its subclasses.\n", - "\n" - ] - }, - { - "cell_type": "markdown", - "metadata": {}, - "source": [ - "### 5.1 Introductory example\n", - "\n", - "Let's extend our model from the previous section. Assume the perfect competition and Cobb-Douglas production function:\n", - "\n", - "\\begin{eqnarray*}\n", - "y_t = k_t^{\\alpha} n_t^{1-\\alpha}\n", - "\\end{eqnarray*}\n", - "Thus, the producers' problem is:\n", - "\\begin{eqnarray*}\n", - "\\max_{k_t, n_t} &\\: k_t^{\\alpha} n_t^{1-\\alpha} - (R_t +\\delta)k_t-w_t n_t\n", - "\\end{eqnarray*}\n", - "\n", - "Where $k_t$ is capital, $n_t$ is labour, $\\delta$ is a depreciation rate.\n", - "\n", - "In this case, consumers' incomes are determined by the wage:\n", - "\n", - "[comment]: <> (Should there be an equation here? Or is this information apparent from the bellman equation?)\n", - "\n", - "\\begin{eqnarray*}\n", - "V(M_{i,t}, Y_{i,t}) &=& \\max_{C_{i,t}, M_{i,t+1}} U(C_{i,t}) + E[\\beta V(M_{i,t+1}, Y_{i,t+1})], \\\\\n", - "& s.t. & \\\\\n", - "A_{i,t} &=& M_{i,t} - C_{i,t}, \\\\\n", - "M_{i,t+1} &=& R_{t+1} (M_{i,t}-C_{i,t}) + w_{t+1} Y_{i,t+1}, \\\\\n", - "\\end{eqnarray*}\n", - "\n", - "Additionally, assume that the distribution of the consumers over capital is given by the measure $\\Gamma_t$. To close the economy, there are the market clearing conditions:\n", - "\\begin{eqnarray*}\n", - "n_t &= \\int Y{_i,t} d \\Gamma_t \\\\\n", - "k_{t+1} &= \\int A_{i,t}^i d \\Gamma_t \\\\\n", - "k_{t+1}+ \\int C_{i,t} d\\Gamma_t &= y_t+(1-\\delta)k_t\n", - "\\end{eqnarray*}\n", - "\n", - "In HARK, you can solve this basic case by using the `CobbDouglasEconomy` class. However, to add the consumers to the economy you need the `AggShockConsumerType` class, which is a subclass of `IndShockConsumerType` Let's declare the economy (assuming depreciation rate $\\delta = 0.025$):\n" - ] - }, - { - "cell_type": "code", - "execution_count": 3, - "metadata": { - "execution": { - "iopub.execute_input": "2024-07-11T15:32:52.775020Z", - "iopub.status.busy": "2024-07-11T15:32:52.774672Z", - "iopub.status.idle": "2024-07-11T15:32:52.789835Z", - "shell.execute_reply": "2024-07-11T15:32:52.789349Z" - } - }, - "outputs": [], - "source": [ - "from HARK.ConsumptionSaving.ConsAggShockModel import * # module with the economy classes\n", - "\n", - "AggShockExample = AggShockConsumerType(\n", - " **Params.init_agg_shocks,\n", - ") # declare the consumer, using the previously prepared parameters\n", - "\n", - "# Make a Cobb-Douglas economy for the agents\n", - "EconomyExample = CobbDouglasEconomy(\n", - " agents=[AggShockExample],\n", - " **Params.init_cobb_douglas,\n", - ")" - ] - }, - { - "cell_type": "markdown", - "metadata": {}, - "source": [ - "Now, you can solve the economy and plot the aggregate savings function:" - ] - }, - { - "cell_type": "code", - "execution_count": 4, - "metadata": { - "execution": { - "iopub.execute_input": "2024-07-11T15:32:52.791510Z", - "iopub.status.busy": "2024-07-11T15:32:52.791254Z", - "iopub.status.idle": "2024-07-11T15:32:52.858212Z", - "shell.execute_reply": "2024-07-11T15:32:52.857695Z" - } - }, - "outputs": [ - { - "name": "stdout", - "output_type": "stream", - "text": [ - "capital-level steady state: 13.943289665216982\n" - ] - }, - { - "data": { - "image/png": "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", - "text/plain": [ - "
" - ] - }, - "metadata": {}, - "output_type": "display_data" - } - ], - "source": [ - "EconomyExample.make_AggShkHist() # Simulate a history of aggregate shocks\n", - "\n", - "# Have the consumers inherit relevant objects from the economy\n", - "AggShockExample.get_economy_data(EconomyExample)\n", - "\n", - "AggShockExample.solve() # solve the model\n", - "\n", - "print(\n", - " \"capital-level steady state: \",\n", - " EconomyExample.kSS,\n", - ") # print the capital-level steady stae\n", - "\n", - "plot_funcs(\n", - " AggShockExample.AFunc,\n", - " 0.1,\n", - " 2 * EconomyExample.kSS,\n", - ") # plot the aggregate savings function" - ] - }, - { - "cell_type": "markdown", - "metadata": {}, - "source": [ - "### 5.2 Market class structure\n", - "\n", - "As in the case of the agent-type, the more complicated macroeconomic models are the subclasses of more primitive ones. The subclasses of Market include `CobbDouglasEconomy` and `SmallOpenEconomy`. The main difference between them is that for `CobbDouglasEconomy`, the capital and labour prices are endogenous, while in the (small) open economy class both are set exogenously.\n", - "\n", - "Nevertheless, both basic classes enable the aggregate fluctuation in the economy, that is:\n", - "\n", - "\\begin{eqnarray*}\n", - "Y_{i,t} &=& \\varepsilon_t(\\epsilon_{i,t}p_{i,t}\\Theta_t P_t )\\\\\n", - "P_{t+1} &=& P_{t}\\Psi_{t+1}\\\\\n", - "\\Psi_{t} &\\sim & {N}(1,\\sigma_{\\Psi})\\\\\n", - "\\Theta_t &\\sim &{N}(1,\\sigma_{\\Theta})\\\\\n", - "\\end{eqnarray*}\n", - "\n", - "The consumers, which are attributes of such market classes, need to include the aggregate fluctuations of the whole economy in their optimization problem. This is the reason why the `AggShockConsumerType` class (and their subclasses) must be used to construct the macro-model.\n", - "\n", - "The subclass of `CobbDouglasEconomy` is `CobbDouglasMarkovEconomy`. In this setting, there exists an additional aggregate fluctuation in the economy (the distribution of which is given by the finite Markov matrix).\n", - "\n", - "\n", - "![HARK_struct_2](HARK-struct-4.png)\n", - "\n", - "\n" - ] - }, - { - "cell_type": "markdown", - "metadata": {}, - "source": [ - "### 5.3 Tutorial\n", - "\n", - "To learn the functionalities of the market-type classes in HARK we suggest studying the following notebook devoted to [Krussel-Smith economy](https://github.com/econ-ark/REMARK/blob/master/REMARKs/KrusellSmith.md). In this notebook, the classical [Krussell-Smith model](https://www.journals.uchicago.edu/doi/abs/10.1086/250034?journalCode=jpe) is implemented (with some extensions) using the `CobbDouglasMarkovEconomy` class.\n", - "\n", - "Before that, you may want to check the main function from [ConsAggShockModel module](https://github.com/econ-ark/HARK/blob/master/examples/ConsumptionSaving/example_ConsAggShockModel.ipynb) or its [source code](https://github.com/econ-ark/HARK/blob/master//HARK/ConsumptionSaving/ConsAggShockModel.py) to see the basic steps to create the market type objects.\n", - "\n" - ] - }, - { - "cell_type": "markdown", - "metadata": {}, - "source": [ - "#### 5.3.1 If you want to learn (a little) how the Market class works\n", - "\n", - "The Market class was designed to be a general framework for many different macro models. It involves a procedure of aggregating the agents' choices: eg. aggregating consumption and savings (`reap_vars` in the code) and then transforming the aggregated variables (`mill_rule` in the code).\n", - "\n", - "If you would like to get better knowledge about this structure, first take a look at the [Hark documentation](https://docs.econ-ark.org/Documentation/overview/ARKitecture.html). Next, to understand how the HARK Market class works in less standard setting, look at the [Fashion victim model](https://github.com/econ-ark/DemARK/blob/99948acb7b59cc9a6fb7de758972266fa4b03a06/notebooks/Fashion-Victim-Model.ipynb).\n" - ] - }, - { - "cell_type": "markdown", - "metadata": {}, - "source": [ - "## 6 If you need to study a source code\n", - "\n", - "In the previous sections we saw an example of how to solve different models using HARK. However, we know that you may also need to work with the source code for a few reasons (e.g. to learn used numerical methods, write your own code).\n", - "\n", - "Working directly with code (even if well-written) is a much more complicated tasks than just working with finished functions, and no tutorial will let you go through this painlessly. However, we hope that this partelaborating on the HARK structure and numerical methods will help you with this task.\n", - "\n", - "### 6.1 A few more words on HARK structure\n", - "\n", - "When you look at the [HARK](https://github.com/econ-ark/HARK) sources, you will find the subdirectory called HARK. Next there is a script called \"core. py\". Surprisingly, you will not find this code in many of the subclasses which you learned during this journey!\n", - "\n", - "The reason for this is that HARK.core.py is a core of the package: a framework for all models which can be coded in HARK. It contains the general framework of the agent-type classes (AgentType class) and for the market. The exact structure of modules in the HARK core you can find in the [Hark documentation](https://docs.econ-ark.org/Documentation/overview/ARKitecture.html#general-purpose-tools). Here, you can also find the general structure of the [AgentType](https://docs.econ-ark.org/Documentation/overview/ARKitecture.html#agenttype-class) and [Market classes](https://docs.econ-ark.org/Documentation/overview/ARKitecture.html#market-class).\n", - "\n", - "Where are the subclasses which you'v learned during the journey? In HARK, the subclasses are located in the separate directories. For the AgentType subclasses, you need to look at HARK.ConsumptionSaving directory. For example, `PerfForesightConsumerType` and `IndShockConsumerType` can be found in ConsIndShockModel.py. Nevertheless, if you want to understand any of the HARK modules, you must first understand `HARK.core`.\n", - "\n", - "\n", - "### 6.2 HARK solution\n", - "\n", - "For the consumer problems, solutions of the one-period consumer's problem are found using the attribute function `solve_one_period`. The inputs passed to this function also include data from the subsequent periods. Before solve_one_period is called, the function pre_solve() is applied, which prepare the solution (eg. transmit the solution of the sub-sequent period as an input).\n", - "\n", - "The structure of the functions which are used as solve_one_period reflects the agent-type class structures. Thus, when you will study the source code, you will first read the solve classes.\n", - "\n", - "![Hark_struct3](HARK-struct-3.png)\n", - "\n", - "\n", - "#### 6.2.1 Solution method for agent problem\n", - "However, knowing the structure of the code may not be very beneficial if you do not know the solution method! While for the perfect foresight consumer has an analytic solution, the policy functions for the stochastic consumer (thus with the idiosyncratic or the aggregate shocks) are solved by the **endogenous grid method**.\n", - "\n", - "The method of endogenous gridpoints is now widely used in macroeconomic simulations. There are a few resources to learn it; here, we suggest Professor Carroll's [lecture notes](https://www.econ2.jhu.edu/people/ccarroll/SolvingMicroDSOPs/). If you prefer a very quick version, we suggest appendix to the Kruger and Kindermann [paper](https://www.nber.org/papers/w20601.pdf) (they develop a slightly bigger model with a different notation, but the idea is the same).\n", - "\n", - "#### 6.2.2 Finding general equilibrium\n", - "In general, the rational expectations general equilibrium is found by updating the agents' expectations and the aggregate choices up to the point at which the actual aggregated variables (like interest rate or capital) are equal to the expected ones. However, one may need to refer to the papers cited in the notebooks to understand the exact methods used.\n", - "\n", - "\n", - "### 6.3 How to study HARK codes\n", - "\n", - "We hope that this section gave you some idea how the HARK library works. However, HARK contains much more than is discussed here. Here is some more guidance on how to continue your journey:\n", - "\n", - "- Before you start make sure that you understand the endogenous grid method, as well as the general framework structure for AgentType and Market from [HARK documentation](https://docs.econ-ark.org/Documentation/overview/ARKitecture.html#agenttype-class).\n", - "- When working through HARK.core, make sure that you see the connection between the structure in the documentation and the code (check autodoc from the [HARK documentation](https://docs.econ-ark.org/Documentation/reference/tools/core.html) webpage).\n", - "- Proceed to the ConsumptionSaving/ConsIndShockModel.py and compare the tutorials with the source code.\n", - "- Proceed to the ConsumptionSaving/ConsAggShockModel.py and compare the tutorial on the Market class with the source code, check [autodoc](https://docs.econ-ark.org/Documentation/reference/ConsumptionSaving/ConsAggShockModel.html).\n", - "\n", - "So in general, when you want to learn any of the modules in the HARK toolkit, first check autodoc from the [HARK documentation](https://docs.econ-ark.org/Documentation/reference/index.html) webpage.\n" - ] - } - ], - "metadata": { - "jupytext": { - "cell_metadata_filter": "ExecuteTime,collapsed,-autoscroll", - "formats": "ipynb,py:percent", - "notebook_metadata_filter": "all,-widgets,-varInspector" - }, - "kernelspec": { - "display_name": "Python 3 (ipykernel)", - "language": "python", - "name": "python3" - }, - "language_info": { - "codemirror_mode": { - "name": "ipython", - "version": 3 - }, - "file_extension": ".py", - "mimetype": "text/x-python", - "name": "python", - "nbconvert_exporter": "python", - "pygments_lexer": "ipython3", - "version": "3.11.9" - }, - "latex_envs": { - "LaTeX_envs_menu_present": true, - "autoclose": false, - "autocomplete": true, - "bibliofile": "biblio.bib", - "cite_by": "apalike", - "current_citInitial": 1, - "eqLabelWithNumbers": true, - "eqNumInitial": 1, - "hotkeys": { - "equation": "Ctrl-E", - "itemize": "Ctrl-I" - }, - "labels_anchors": false, - "latex_user_defs": false, - "report_style_numbering": false, - "user_envs_cfg": false - }, - "toc": { - "base_numbering": 1, - "nav_menu": {}, - "number_sections": true, - "sideBar": true, - "skip_h1_title": false, - "title_cell": "Table of Contents", - "title_sidebar": "Contents", - "toc_cell": false, - "toc_position": {}, - "toc_section_display": true, - "toc_window_display": false - } - }, - "nbformat": 4, - "nbformat_minor": 4 + "nbformat": 4, + "nbformat_minor": 4 } diff --git a/index.rst b/index.rst index fa6d7e22d..64e4dca2b 100644 --- a/index.rst +++ b/index.rst @@ -1 +1 @@ -.. include:: Documentation/index_core.rst +.. include:: docs/index_core.rst diff --git a/pyproject.toml b/pyproject.toml index 12ef76127..e156cda8d 100644 --- a/pyproject.toml +++ b/pyproject.toml @@ -51,7 +51,7 @@ content-type = "text/markdown" [tool.setuptools.packages.find] # All the following settings are optional: -exclude = ["binder", "Documentation", "examples"] +exclude = ["binder", "docs", "examples"] namespaces = false [tool.setuptools.package-data] diff --git a/src/HARK/ConsumptionSaving/ConsIndShockModel.py b/src/HARK/ConsumptionSaving/ConsIndShockModel.py index e5aa6a893..5562072d9 100644 --- a/src/HARK/ConsumptionSaving/ConsIndShockModel.py +++ b/src/HARK/ConsumptionSaving/ConsIndShockModel.py @@ -9,7 +9,7 @@ 3) The model described in (2), with an interest rate for debt that differs from the interest rate for savings. -See NARK https://github.com/econ-ark/HARK/blob/master/Documentation/NARK/NARK.pdf for information on variable naming conventions. +See NARK https://github.com/econ-ark/HARK/blob/master/docs/NARK/NARK.pdf for information on variable naming conventions. See HARK documentation for mathematical descriptions of the models being solved. """ diff --git a/src/HARK/ConsumptionSaving/ConsIndShockModelFast.py b/src/HARK/ConsumptionSaving/ConsIndShockModelFast.py index 7acecd15d..6dad74cb9 100644 --- a/src/HARK/ConsumptionSaving/ConsIndShockModelFast.py +++ b/src/HARK/ConsumptionSaving/ConsIndShockModelFast.py @@ -9,7 +9,7 @@ 3) The model described in (2), with an interest rate for debt that differs from the interest rate for savings. #todo -See NARK https://github.com/econ-ark/HARK/blob/master/Documentation/NARK/NARK.pdf for information on variable naming conventions. +See NARK https://github.com/econ-ark/HARK/blob/master/docs/NARK/NARK.pdf for information on variable naming conventions. See HARK documentation for mathematical descriptions of the models being solved. """ From 7e44e4d478a9d2abcafad977328fc63464ae3560 Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Tue, 19 Nov 2024 15:36:29 -0500 Subject: [PATCH 05/23] fix tests --- tests/ConsumptionSaving/__init__.py | 0 .../test_ConsAggShockModel.py | 2 +- .../test_ConsBequestModel.py | 2 +- .../test_ConsGenIncProcessModel.py | 2 +- .../test_ConsLabeledModel.py | 2 +- .../test_ConsLaborModel.py | 0 .../test_ConsMarkovModel.py | 0 .../test_ConsMedModel.py | 2 +- .../test_ConsNewKeynesianModel.py | 2 +- .../test_ConsPortfolioModel.py | 2 +- .../test_ConsPrefShockModel.py | 2 +- .../test_ConsRepAgentModel.py | 2 +- .../test_ConsRiskyAssetModel.py | 2 +- .../test_ConsRiskyContribModel.py | 2 +- .../test_IndShockConsumerType.py | 2 +- .../test_IndShockConsumerTypeFast.py | 4 ++-- .../test_KinkedRconsumerType.py | 2 +- .../test_PerfForesightConsumerType.py | 2 +- .../test_PerfForesightFastConsumerType.py | 2 +- .../test_SmallOpenEconomy.py | 0 .../test_TractableBufferStockModel.py | 0 .../test_modelInits.py | 0 .../test_modelcomparisons.py | 0 tests/test_distribution.py | 2 +- 24 files changed, 18 insertions(+), 18 deletions(-) create mode 100644 tests/ConsumptionSaving/__init__.py rename tests/{ConsumptionSavings => ConsumptionSaving}/test_ConsAggShockModel.py (99%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_ConsBequestModel.py (98%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_ConsGenIncProcessModel.py (99%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_ConsLabeledModel.py (98%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_ConsLaborModel.py (100%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_ConsMarkovModel.py (100%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_ConsMedModel.py (96%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_ConsNewKeynesianModel.py (98%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_ConsPortfolioModel.py (99%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_ConsPrefShockModel.py (98%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_ConsRepAgentModel.py (97%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_ConsRiskyAssetModel.py (96%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_ConsRiskyContribModel.py (99%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_IndShockConsumerType.py (99%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_IndShockConsumerTypeFast.py (98%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_KinkedRconsumerType.py (96%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_PerfForesightConsumerType.py (99%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_PerfForesightFastConsumerType.py (92%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_SmallOpenEconomy.py (100%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_TractableBufferStockModel.py (100%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_modelInits.py (100%) rename tests/{ConsumptionSavings => ConsumptionSaving}/test_modelcomparisons.py (100%) diff --git a/tests/ConsumptionSaving/__init__.py b/tests/ConsumptionSaving/__init__.py new file mode 100644 index 000000000..e69de29bb diff --git a/tests/ConsumptionSavings/test_ConsAggShockModel.py b/tests/ConsumptionSaving/test_ConsAggShockModel.py similarity index 99% rename from tests/ConsumptionSavings/test_ConsAggShockModel.py rename to tests/ConsumptionSaving/test_ConsAggShockModel.py index 8db13fc54..bb9a58a03 100644 --- a/tests/ConsumptionSavings/test_ConsAggShockModel.py +++ b/tests/ConsumptionSaving/test_ConsAggShockModel.py @@ -12,7 +12,7 @@ KrusellSmithType, ) from HARK.distributions import Uniform -from HARK.tests import HARK_PRECISION +from tests import HARK_PRECISION class testAggShockConsumerType(unittest.TestCase): diff --git a/tests/ConsumptionSavings/test_ConsBequestModel.py b/tests/ConsumptionSaving/test_ConsBequestModel.py similarity index 98% rename from tests/ConsumptionSavings/test_ConsBequestModel.py rename to tests/ConsumptionSaving/test_ConsBequestModel.py index 958dcc43f..992078a9f 100644 --- a/tests/ConsumptionSavings/test_ConsBequestModel.py +++ b/tests/ConsumptionSaving/test_ConsBequestModel.py @@ -1,5 +1,5 @@ import unittest -from HARK.tests import HARK_PRECISION +from tests import HARK_PRECISION from HARK.ConsumptionSaving.ConsBequestModel import ( BequestWarmGlowConsumerType, BequestWarmGlowPortfolioType, diff --git a/tests/ConsumptionSavings/test_ConsGenIncProcessModel.py b/tests/ConsumptionSaving/test_ConsGenIncProcessModel.py similarity index 99% rename from tests/ConsumptionSavings/test_ConsGenIncProcessModel.py rename to tests/ConsumptionSaving/test_ConsGenIncProcessModel.py index b740c1ff8..2e8b4e5b1 100644 --- a/tests/ConsumptionSavings/test_ConsGenIncProcessModel.py +++ b/tests/ConsumptionSaving/test_ConsGenIncProcessModel.py @@ -7,7 +7,7 @@ IndShockExplicitPermIncConsumerType, PersistentShockConsumerType, ) -from HARK.tests import HARK_PRECISION +from tests import HARK_PRECISION GenIncDictionary = { "CRRA": 2.0, # Coefficient of relative risk aversion diff --git a/tests/ConsumptionSavings/test_ConsLabeledModel.py b/tests/ConsumptionSaving/test_ConsLabeledModel.py similarity index 98% rename from tests/ConsumptionSavings/test_ConsLabeledModel.py rename to tests/ConsumptionSaving/test_ConsLabeledModel.py index 0ebafda37..2557b85a0 100644 --- a/tests/ConsumptionSavings/test_ConsLabeledModel.py +++ b/tests/ConsumptionSaving/test_ConsLabeledModel.py @@ -6,7 +6,7 @@ PerfForesightLabeledType, PortfolioLabeledType, ) -from HARK.tests import HARK_PRECISION +from tests import HARK_PRECISION class test_PerfForesightLabeledType(unittest.TestCase): diff --git a/tests/ConsumptionSavings/test_ConsLaborModel.py b/tests/ConsumptionSaving/test_ConsLaborModel.py similarity index 100% rename from tests/ConsumptionSavings/test_ConsLaborModel.py rename to tests/ConsumptionSaving/test_ConsLaborModel.py diff --git a/tests/ConsumptionSavings/test_ConsMarkovModel.py b/tests/ConsumptionSaving/test_ConsMarkovModel.py similarity index 100% rename from tests/ConsumptionSavings/test_ConsMarkovModel.py rename to tests/ConsumptionSaving/test_ConsMarkovModel.py diff --git a/tests/ConsumptionSavings/test_ConsMedModel.py b/tests/ConsumptionSaving/test_ConsMedModel.py similarity index 96% rename from tests/ConsumptionSavings/test_ConsMedModel.py rename to tests/ConsumptionSaving/test_ConsMedModel.py index 64311c847..2dfd7e805 100644 --- a/tests/ConsumptionSavings/test_ConsMedModel.py +++ b/tests/ConsumptionSaving/test_ConsMedModel.py @@ -1,5 +1,5 @@ import unittest -from HARK.tests import HARK_PRECISION +from tests import HARK_PRECISION from HARK.ConsumptionSaving.ConsMedModel import MedShockConsumerType diff --git a/tests/ConsumptionSavings/test_ConsNewKeynesianModel.py b/tests/ConsumptionSaving/test_ConsNewKeynesianModel.py similarity index 98% rename from tests/ConsumptionSavings/test_ConsNewKeynesianModel.py rename to tests/ConsumptionSaving/test_ConsNewKeynesianModel.py index c2b654882..531a196de 100644 --- a/tests/ConsumptionSavings/test_ConsNewKeynesianModel.py +++ b/tests/ConsumptionSaving/test_ConsNewKeynesianModel.py @@ -3,7 +3,7 @@ import numpy as np from HARK.ConsumptionSaving.ConsNewKeynesianModel import NewKeynesianConsumerType -from HARK.tests import HARK_PRECISION +from tests import HARK_PRECISION # %% Test Transition Matrix Methods diff --git a/tests/ConsumptionSavings/test_ConsPortfolioModel.py b/tests/ConsumptionSaving/test_ConsPortfolioModel.py similarity index 99% rename from tests/ConsumptionSavings/test_ConsPortfolioModel.py rename to tests/ConsumptionSaving/test_ConsPortfolioModel.py index 37de70f4f..8e60200b3 100644 --- a/tests/ConsumptionSavings/test_ConsPortfolioModel.py +++ b/tests/ConsumptionSaving/test_ConsPortfolioModel.py @@ -3,7 +3,7 @@ import numpy as np import HARK.ConsumptionSaving.ConsPortfolioModel as cpm -from HARK.tests import HARK_PRECISION +from tests import HARK_PRECISION class PortfolioConsumerTypeTestCase(unittest.TestCase): diff --git a/tests/ConsumptionSavings/test_ConsPrefShockModel.py b/tests/ConsumptionSaving/test_ConsPrefShockModel.py similarity index 98% rename from tests/ConsumptionSavings/test_ConsPrefShockModel.py rename to tests/ConsumptionSaving/test_ConsPrefShockModel.py index 045bfa7cf..56842980a 100644 --- a/tests/ConsumptionSavings/test_ConsPrefShockModel.py +++ b/tests/ConsumptionSaving/test_ConsPrefShockModel.py @@ -6,7 +6,7 @@ KinkyPrefConsumerType, PrefShockConsumerType, ) -from HARK.tests import HARK_PRECISION +from tests import HARK_PRECISION class testPrefShockConsumerType(unittest.TestCase): diff --git a/tests/ConsumptionSavings/test_ConsRepAgentModel.py b/tests/ConsumptionSaving/test_ConsRepAgentModel.py similarity index 97% rename from tests/ConsumptionSavings/test_ConsRepAgentModel.py rename to tests/ConsumptionSaving/test_ConsRepAgentModel.py index 53aa7883a..bf27dcd31 100644 --- a/tests/ConsumptionSavings/test_ConsRepAgentModel.py +++ b/tests/ConsumptionSaving/test_ConsRepAgentModel.py @@ -4,7 +4,7 @@ RepAgentConsumerType, RepAgentMarkovConsumerType, ) -from HARK.tests import HARK_PRECISION +from tests import HARK_PRECISION class testRepAgentConsumerType(unittest.TestCase): diff --git a/tests/ConsumptionSavings/test_ConsRiskyAssetModel.py b/tests/ConsumptionSaving/test_ConsRiskyAssetModel.py similarity index 96% rename from tests/ConsumptionSavings/test_ConsRiskyAssetModel.py rename to tests/ConsumptionSaving/test_ConsRiskyAssetModel.py index 036b00daf..998a3bd2c 100644 --- a/tests/ConsumptionSavings/test_ConsRiskyAssetModel.py +++ b/tests/ConsumptionSaving/test_ConsRiskyAssetModel.py @@ -1,5 +1,5 @@ import unittest -from HARK.tests import HARK_PRECISION +from tests import HARK_PRECISION from HARK.ConsumptionSaving.ConsRiskyAssetModel import IndShockRiskyAssetConsumerType diff --git a/tests/ConsumptionSavings/test_ConsRiskyContribModel.py b/tests/ConsumptionSaving/test_ConsRiskyContribModel.py similarity index 99% rename from tests/ConsumptionSavings/test_ConsRiskyContribModel.py rename to tests/ConsumptionSaving/test_ConsRiskyContribModel.py index 33a778232..8fca3dcb2 100644 --- a/tests/ConsumptionSavings/test_ConsRiskyContribModel.py +++ b/tests/ConsumptionSaving/test_ConsRiskyContribModel.py @@ -13,7 +13,7 @@ RiskyContribConsumerType, init_risky_contrib, ) -from HARK.tests import HARK_PRECISION +from tests import HARK_PRECISION class test_(unittest.TestCase): diff --git a/tests/ConsumptionSavings/test_IndShockConsumerType.py b/tests/ConsumptionSaving/test_IndShockConsumerType.py similarity index 99% rename from tests/ConsumptionSavings/test_IndShockConsumerType.py rename to tests/ConsumptionSaving/test_IndShockConsumerType.py index 7f8e0a421..4c0d91da1 100644 --- a/tests/ConsumptionSavings/test_IndShockConsumerType.py +++ b/tests/ConsumptionSaving/test_IndShockConsumerType.py @@ -8,7 +8,7 @@ init_idiosyncratic_shocks, init_lifecycle, ) -from HARK.tests import HARK_PRECISION +from tests import HARK_PRECISION class testIndShockConsumerType(unittest.TestCase): diff --git a/tests/ConsumptionSavings/test_IndShockConsumerTypeFast.py b/tests/ConsumptionSaving/test_IndShockConsumerTypeFast.py similarity index 98% rename from tests/ConsumptionSavings/test_IndShockConsumerTypeFast.py rename to tests/ConsumptionSaving/test_IndShockConsumerTypeFast.py index 130cf2177..6fdb55e79 100644 --- a/tests/ConsumptionSavings/test_IndShockConsumerTypeFast.py +++ b/tests/ConsumptionSaving/test_IndShockConsumerTypeFast.py @@ -8,12 +8,12 @@ init_lifecycle, ) from HARK.ConsumptionSaving.ConsIndShockModelFast import IndShockConsumerTypeFast -from HARK.ConsumptionSaving.tests.test_IndShockConsumerType import ( +from tests.ConsumptionSaving.test_IndShockConsumerType import ( CyclicalDict, IdiosyncDict, LifecycleDict, ) -from HARK.tests import HARK_PRECISION +from tests import HARK_PRECISION class testIndShockConsumerTypeFast(unittest.TestCase): diff --git a/tests/ConsumptionSavings/test_KinkedRconsumerType.py b/tests/ConsumptionSaving/test_KinkedRconsumerType.py similarity index 96% rename from tests/ConsumptionSavings/test_KinkedRconsumerType.py rename to tests/ConsumptionSaving/test_KinkedRconsumerType.py index bde126727..44ada9511 100644 --- a/tests/ConsumptionSavings/test_KinkedRconsumerType.py +++ b/tests/ConsumptionSaving/test_KinkedRconsumerType.py @@ -1,7 +1,7 @@ import unittest from HARK.ConsumptionSaving.ConsIndShockModel import KinkedRconsumerType -from HARK.tests import HARK_PRECISION +from tests import HARK_PRECISION class testKinkedRConsumerType(unittest.TestCase): diff --git a/tests/ConsumptionSavings/test_PerfForesightConsumerType.py b/tests/ConsumptionSaving/test_PerfForesightConsumerType.py similarity index 99% rename from tests/ConsumptionSavings/test_PerfForesightConsumerType.py rename to tests/ConsumptionSaving/test_PerfForesightConsumerType.py index 2f37ae64c..2ada42bec 100644 --- a/tests/ConsumptionSavings/test_PerfForesightConsumerType.py +++ b/tests/ConsumptionSaving/test_PerfForesightConsumerType.py @@ -3,7 +3,7 @@ import numpy as np from HARK.ConsumptionSaving.ConsIndShockModel import PerfForesightConsumerType -from HARK.tests import HARK_PRECISION +from tests import HARK_PRECISION class testPerfForesightConsumerType(unittest.TestCase): diff --git a/tests/ConsumptionSavings/test_PerfForesightFastConsumerType.py b/tests/ConsumptionSaving/test_PerfForesightFastConsumerType.py similarity index 92% rename from tests/ConsumptionSavings/test_PerfForesightFastConsumerType.py rename to tests/ConsumptionSaving/test_PerfForesightFastConsumerType.py index 4d249232c..55eafc094 100644 --- a/tests/ConsumptionSavings/test_PerfForesightFastConsumerType.py +++ b/tests/ConsumptionSaving/test_PerfForesightFastConsumerType.py @@ -1,6 +1,6 @@ from HARK.ConsumptionSaving.ConsIndShockModel import PerfForesightConsumerType from HARK.ConsumptionSaving.ConsIndShockModelFast import PerfForesightConsumerTypeFast -from HARK.ConsumptionSaving.tests.test_PerfForesightConsumerType import ( +from tests.ConsumptionSaving.test_PerfForesightConsumerType import ( testPerfForesightConsumerType, ) diff --git a/tests/ConsumptionSavings/test_SmallOpenEconomy.py b/tests/ConsumptionSaving/test_SmallOpenEconomy.py similarity index 100% rename from tests/ConsumptionSavings/test_SmallOpenEconomy.py rename to tests/ConsumptionSaving/test_SmallOpenEconomy.py diff --git a/tests/ConsumptionSavings/test_TractableBufferStockModel.py b/tests/ConsumptionSaving/test_TractableBufferStockModel.py similarity index 100% rename from tests/ConsumptionSavings/test_TractableBufferStockModel.py rename to tests/ConsumptionSaving/test_TractableBufferStockModel.py diff --git a/tests/ConsumptionSavings/test_modelInits.py b/tests/ConsumptionSaving/test_modelInits.py similarity index 100% rename from tests/ConsumptionSavings/test_modelInits.py rename to tests/ConsumptionSaving/test_modelInits.py diff --git a/tests/ConsumptionSavings/test_modelcomparisons.py b/tests/ConsumptionSaving/test_modelcomparisons.py similarity index 100% rename from tests/ConsumptionSavings/test_modelcomparisons.py rename to tests/ConsumptionSaving/test_modelcomparisons.py diff --git a/tests/test_distribution.py b/tests/test_distribution.py index da1500eb1..d514178a8 100644 --- a/tests/test_distribution.py +++ b/tests/test_distribution.py @@ -23,7 +23,7 @@ distr_of_function, expected, ) -from HARK.tests import HARK_PRECISION +from tests import HARK_PRECISION class DiscreteDistributionTests(unittest.TestCase): From d673eeca9fa052747e685362e0581130a9896d3e Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Tue, 19 Nov 2024 16:25:30 -0500 Subject: [PATCH 06/23] install cookie --- .copier-answers.yml | 12 + .git_archival.txt | 3 + .gitattributes | 1 + .github/CONTRIBUTING.md | 89 ++++++++ .github/dependabot.yml | 11 + .github/release.yml | 5 + .github/workflows/cd.yml | 60 +++++ .github/workflows/ci.yml | 71 ++++++ .gitignore | 292 +++++++----------------- .pre-commit-config.yaml | 91 +++++++- .readthedocs.yaml | 17 ++ LICENSE | 221 ++---------------- README.md | 243 +++++++++++++++----- docs/conf.py | 56 +++-- docs/example_notebooks/Include_list.txt | 28 +-- docs/{index_core.rst => index.rst} | 16 +- index.rst | 1 - noxfile.py | 107 +++++++++ pyproject.toml | 204 +++++++++++++---- src/HARK/__init__.py | 13 +- src/HARK/_version.pyi | 4 + src/HARK/py.typed | 0 tests/test_package.py | 9 + 23 files changed, 974 insertions(+), 580 deletions(-) create mode 100644 .copier-answers.yml create mode 100644 .git_archival.txt create mode 100644 .gitattributes create mode 100644 .github/CONTRIBUTING.md create mode 100644 .github/dependabot.yml create mode 100644 .github/release.yml create mode 100644 .github/workflows/cd.yml create mode 100644 .github/workflows/ci.yml create mode 100644 .readthedocs.yaml rename docs/{index_core.rst => index.rst} (87%) delete mode 100644 index.rst create mode 100644 noxfile.py create mode 100644 src/HARK/_version.pyi create mode 100644 src/HARK/py.typed create mode 100644 tests/test_package.py diff --git a/.copier-answers.yml b/.copier-answers.yml new file mode 100644 index 000000000..7b50606ab --- /dev/null +++ b/.copier-answers.yml @@ -0,0 +1,12 @@ +# Changes here will be overwritten by Copier; NEVER EDIT MANUALLY +_commit: 2024.08.19 +_src_path: gh:scientific-python/cookie +backend: hatch +email: econ-ark@jhuecon.org +full_name: Econ-ARK Team +license: MIT +org: econ-ark +project_name: HARK +project_short_description: Heterogeneous Agents Resources and toolKit +url: https://github.com/econ-ark/HARK +vcs: true diff --git a/.git_archival.txt b/.git_archival.txt new file mode 100644 index 000000000..7c5100942 --- /dev/null +++ b/.git_archival.txt @@ -0,0 +1,3 @@ +node: $Format:%H$ +node-date: $Format:%cI$ +describe-name: $Format:%(describe:tags=true,match=*[0-9]*)$ diff --git a/.gitattributes b/.gitattributes new file mode 100644 index 000000000..00a7b00c9 --- /dev/null +++ b/.gitattributes @@ -0,0 +1 @@ +.git_archival.txt export-subst diff --git a/.github/CONTRIBUTING.md b/.github/CONTRIBUTING.md new file mode 100644 index 000000000..368750a6b --- /dev/null +++ b/.github/CONTRIBUTING.md @@ -0,0 +1,89 @@ +See the [Scientific Python Developer Guide][spc-dev-intro] for a detailed +description of best practices for developing scientific packages. + +[spc-dev-intro]: https://learn.scientific-python.org/development/ + +# Quick development + +The fastest way to start with development is to use nox. If you don't have nox, +you can use `pipx run nox` to run it without installing, or `pipx install nox`. +If you don't have pipx (pip for applications), then you can install with +`pip install pipx` (the only case were installing an application with regular +pip is reasonable). If you use macOS, then pipx and nox are both in brew, use +`brew install pipx nox`. + +To use, run `nox`. This will lint and test using every installed version of +Python on your system, skipping ones that are not installed. You can also run +specific jobs: + +```console +$ nox -s lint # Lint only +$ nox -s tests # Python tests +$ nox -s docs -- --serve # Build and serve the docs +$ nox -s build # Make an SDist and wheel +``` + +Nox handles everything for you, including setting up an temporary virtual +environment for each run. + +# Setting up a development environment manually + +You can set up a development environment by running: + +```bash +python3 -m venv .venv +source ./.venv/bin/activate +pip install -v -e .[dev] +``` + +If you have the +[Python Launcher for Unix](https://github.com/brettcannon/python-launcher), you +can instead do: + +```bash +py -m venv .venv +py -m install -v -e .[dev] +``` + +# Pre-commit + +You should prepare pre-commit, which will help you by checking that commits pass +required checks: + +```bash +pip install pre-commit # or brew install pre-commit on macOS +pre-commit install # Will install a pre-commit hook into the git repo +``` + +You can also/alternatively run `pre-commit run` (changes only) or +`pre-commit run --all-files` to check even without installing the hook. + +# Testing + +Use pytest to run the unit checks: + +```bash +pytest +``` + +# Coverage + +Use pytest-cov to generate coverage reports: + +```bash +pytest --cov=HARK +``` + +# Building docs + +You can build the docs using: + +```bash +nox -s docs +``` + +You can see a preview with: + +```bash +nox -s docs -- --serve +``` diff --git a/.github/dependabot.yml b/.github/dependabot.yml new file mode 100644 index 000000000..6c4b36953 --- /dev/null +++ b/.github/dependabot.yml @@ -0,0 +1,11 @@ +version: 2 +updates: + # Maintain dependencies for GitHub Actions + - package-ecosystem: "github-actions" + directory: "/" + schedule: + interval: "weekly" + groups: + actions: + patterns: + - "*" diff --git a/.github/release.yml b/.github/release.yml new file mode 100644 index 000000000..9d1e0987b --- /dev/null +++ b/.github/release.yml @@ -0,0 +1,5 @@ +changelog: + exclude: + authors: + - dependabot + - pre-commit-ci diff --git a/.github/workflows/cd.yml b/.github/workflows/cd.yml new file mode 100644 index 000000000..efc7d0612 --- /dev/null +++ b/.github/workflows/cd.yml @@ -0,0 +1,60 @@ +name: CD + +on: + workflow_dispatch: + pull_request: + push: + branches: + - main + release: + types: + - published + +concurrency: + group: ${{ github.workflow }}-${{ github.ref }} + cancel-in-progress: true + +env: + # Many color libraries just need this to be set to any value, but at least + # one distinguishes color depth, where "3" -> "256-bit color". + FORCE_COLOR: 3 + +jobs: + dist: + name: Distribution build + runs-on: ubuntu-latest + + steps: + - uses: actions/checkout@v4 + with: + fetch-depth: 0 + + - uses: hynek/build-and-inspect-python-package@v2 + + publish: + needs: [dist] + name: Publish to PyPI + environment: pypi + permissions: + id-token: write + attestations: write + contents: read + runs-on: ubuntu-latest + if: github.event_name == 'release' && github.event.action == 'published' + + steps: + - uses: actions/download-artifact@v4 + with: + name: Packages + path: dist + + - name: Generate artifact attestation for sdist and wheel + uses: actions/attest-build-provenance@v1.4.1 + with: + subject-path: "dist/*" + + - uses: pypa/gh-action-pypi-publish@release/v1 + with: + # Remember to tell (test-)pypi about this repo before publishing + # Remove this line to publish to PyPI + repository-url: https://test.pypi.org/legacy/ diff --git a/.github/workflows/ci.yml b/.github/workflows/ci.yml new file mode 100644 index 000000000..98cc7c240 --- /dev/null +++ b/.github/workflows/ci.yml @@ -0,0 +1,71 @@ +name: CI + +on: + workflow_dispatch: + pull_request: + push: + branches: + - main + +concurrency: + group: ${{ github.workflow }}-${{ github.ref }} + cancel-in-progress: true + +env: + # Many color libraries just need this to be set to any value, but at least + # one distinguishes color depth, where "3" -> "256-bit color". + FORCE_COLOR: 3 + +jobs: + pre-commit: + name: Format + runs-on: ubuntu-latest + steps: + - uses: actions/checkout@v4 + with: + fetch-depth: 0 + - uses: actions/setup-python@v5 + with: + python-version: "3.x" + - uses: pre-commit/action@v3.0.1 + with: + extra_args: --hook-stage manual --all-files + - name: Run PyLint + run: pipx run nox -s pylint -- --output-format=github + + checks: + name: Check Python ${{ matrix.python-version }} on ${{ matrix.runs-on }} + runs-on: ${{ matrix.runs-on }} + needs: [pre-commit] + strategy: + fail-fast: false + matrix: + python-version: ["3.8", "3.13"] + runs-on: [ubuntu-latest, windows-latest, macos-14] + + include: + - python-version: "pypy-3.10" + runs-on: ubuntu-latest + + steps: + - uses: actions/checkout@v4 + with: + fetch-depth: 0 + + - uses: actions/setup-python@v5 + with: + python-version: ${{ matrix.python-version }} + allow-prereleases: true + + - name: Install package + run: python -m pip install .[test] + + - name: Test package + run: >- + python -m pytest -ra --cov --cov-report=xml --cov-report=term + --durations=20 + + - name: Upload coverage report + uses: codecov/codecov-action@v4.5.0 + with: + token: ${{ secrets.CODECOV_TOKEN }} diff --git a/.gitignore b/.gitignore index 8e1d27dc0..25cf9a498 100644 --- a/.gitignore +++ b/.gitignore @@ -3,16 +3,11 @@ __pycache__/ *.py[cod] *$py.class -# Virtual Environments -venv/ -econ-ark/ - # C extensions *.so # Distribution / packaging .Python -env/ build/ develop-eggs/ dist/ @@ -24,9 +19,12 @@ lib64/ parts/ sdist/ var/ +wheels/ +share/python-wheels/ *.egg-info/ .installed.cfg *.egg +MANIFEST # PyInstaller # Usually these files are written by a python script from a template @@ -41,13 +39,17 @@ pip-delete-this-directory.txt # Unit test / coverage reports htmlcov/ .tox/ +.nox/ .coverage .coverage.* .cache nosetests.xml coverage.xml -*,cover +*.cover +*.py,cover .hypothesis/ +.pytest_cache/ +cover/ # Translations *.mo @@ -55,240 +57,102 @@ coverage.xml # Django stuff: *.log +local_settings.py +db.sqlite3 +db.sqlite3-journal + +# Flask stuff: +instance/ +.webassets-cache + +# Scrapy stuff: +.scrapy # Sphinx documentation -docs/generated -docs/_build -docs/TractableBufferStockModel.rst -docs/MultithreadDemo.rst -docs/modules.rst -docs/ConsumerParameters.rst -docs/ConsPrefShockModel.rst -docs/ConsMarkovModel.rst -docs/ConsIndShockModel.rst -docs/ConsAggShockModel.rst -docs/StructEstimation.rst -docs/SetupSCFdata.rst -docs/EstimationParameters.rst -docs/SetupParamsCSTW.rst -docs/cstwMPC.rst -docs/FashionVictimParams.rst -docs/FashionVictimModel.rst -docs/HARKutilities.rst -docs/HARKsimulation.rst -docs/HARKparallel.rst -docs/HARKinterpolation.rst -docs/HARKestimation.rst -docs/HARKcore.rst -doc/_build/ -doc/generated/ +docs/_build/ # PyBuilder +.pybuilder/ target/ -#Ipython Notebook +# Jupyter Notebook .ipynb_checkpoints -#Windows files -Thumbs.db - -## Core latex/pdflated auxiliary files: -*.aux -*.lof -*.log -*.lot -*.fls -*.out -*.toc -*.fmt - -## Intermediate documents: -*.dvi -*-converted-to.* - -## Bibliography auxiliary files (bibtex/biblatex/biber): -*.bbl -*.bcf -*.blg -*-blx.aux -*-blx.bib -*.brf -*.run.xml - -## Files created by htlatex -*.4tc -*.tmp -*.xref - -## Build tool auxiliary files: -*.fdb_latexmk -*.synctex -*.synctex.gz -*.synctex.gz(busy) -*.pdfsync - -## Auxiliary and intermediate files from other packages: -# algorithms -*.alg -*.loa - -# achemso -acs-*.bib - -# amsthm -*.thm - -# beamer -*.nav -*.snm -*.vrb - -# cprotect -*.cpt - -#(e)ledmac/(e)ledpar -*.end -*.[1-9] -*.[1-9][0-9] -*.[1-9][0-9][0-9] -*.[1-9]R -*.[1-9][0-9]R -*.[1-9][0-9][0-9]R -*.eledsec[1-9] -*.eledsec[1-9]R -*.eledsec[1-9][0-9] -*.eledsec[1-9][0-9]R -*.eledsec[1-9][0-9][0-9] -*.eledsec[1-9][0-9][0-9]R - -# glossaries -*.acn -*.acr -*.glg -*.glo -*.gls - -# gnuplottex -*-gnuplottex-* - -# hyperref -*.brf - -# knitr -*-concordance.tex -*.tikz -*-tikzDictionary - -# listings -*.lol +# IPython +profile_default/ +ipython_config.py -# makeidx -*.idx -*.ilg -*.ind -*.ist +# pyenv +# For a library or package, you might want to ignore these files since the code is +# intended to run in multiple environments; otherwise, check them in: +# .python-version -# minitoc -*.maf -*.mtc -*.mtc[0-9] -*.mtc[1-9][0-9] +# pipenv +# According to pypa/pipenv#598, it is recommended to include Pipfile.lock in version control. +# However, in case of collaboration, if having platform-specific dependencies or dependencies +# having no cross-platform support, pipenv may install dependencies that don't work, or not +# install all needed dependencies. +#Pipfile.lock -# minted -_minted* -*.pyg +# PEP 582; used by e.g. github.com/David-OConnor/pyflow +__pypackages__/ -# morewrites -*.mw +# Celery stuff +celerybeat-schedule +celerybeat.pid -# mylatexformat -*.fmt +# SageMath parsed files +*.sage.py -# nomencl -*.nlo - -# sagetex -*.sagetex.sage -*.sagetex.py -*.sagetex.scmd - -# sympy -*.sout -*.sympy -sympy-plots-for-*.tex/ - -#pdfcomment -*.upa -*.upb - -# pythontex -*.pytxcode -pythontex-filse-*/ - -# Texpad -*.texpadtmp +# Environments +.env +.venv +env/ +venv/ +ENV/ +env.bak/ +venv.bak/ -# TikZ & PGF -*.dpth -*.md5 -*.auxlock +# Spyder project settings +.spyderproject +.spyproject -# todonotes -*.tdo +# Rope project settings +.ropeproject -# xindy -*.xdy +# mkdocs documentation +/site -# xypic precompiled matrices -*.xyc +# mypy +.mypy_cache/ +.dmypy.json +dmypy.json -# WinEdt -*.bak -*.sav +# Pyre type checker +.pyre/ -# endfloat -*.ttt -*.fff +# pytype static type analyzer +.pytype/ -# Latexian -TSWLatexianTemp +# Cython debug symbols +cython_debug/ -# Files for initializing subfolders -# Filename.md +# setuptools_scm +src/*/_version.py -# Version that generates html -Web +# ruff +.ruff_cache/ -# Mac system files +# OS specific stuff .DS_Store +.DS_Store? +._* +.Spotlight-V100 +.Trashes +ehthumbs.db +Thumbs.db -# Emacs automatic backup and hash files +# Common editor files *~ -\#*# - -# Vim swap files *.swp - -# Autogenerated equations -eq - -# Emacs -*.el - -# Particular user scratchwork directories -nate-notes/ - -*_region_*.* - -# VSCode -settings.json -.idea - -# Spyder project settings -.spyderproject -spyproject -.spyproject - -# 20240608: CDC added *private* to avoid accidentally uploading private material -*private* diff --git a/.pre-commit-config.yaml b/.pre-commit-config.yaml index b8c2caa44..5f1b88c78 100644 --- a/.pre-commit-config.yaml +++ b/.pre-commit-config.yaml @@ -1,20 +1,91 @@ -exclude: docs/example_notebooks/ +ci: + autoupdate_commit_msg: "chore: update pre-commit hooks" + autofix_commit_msg: "style: pre-commit fixes" + +exclude: ^.cruft.json|.copier-answers.yml$|docs/example_notebooks/ repos: + - repo: https://github.com/adamchainz/blacken-docs + rev: "1.18.0" + hooks: + - id: blacken-docs + additional_dependencies: [black==24.*] + + - repo: https://github.com/pre-commit/pre-commit-hooks + rev: "v4.6.0" + hooks: + - id: check-added-large-files + - id: check-case-conflict + - id: check-merge-conflict + - id: check-symlinks + - id: check-yaml + - id: debug-statements + - id: end-of-file-fixer + - id: mixed-line-ending + - id: name-tests-test + args: ["--pytest-test-first"] + - id: requirements-txt-fixer + - id: trailing-whitespace + + - repo: https://github.com/pre-commit/pygrep-hooks + rev: "v1.10.0" + hooks: + - id: rst-backticks + - id: rst-directive-colons + - id: rst-inline-touching-normal + + - repo: https://github.com/rbubley/mirrors-prettier + rev: "v3.3.3" + hooks: + - id: prettier + types_or: [yaml, markdown, html, css, scss, javascript, json] + args: [--prose-wrap=always] + - repo: https://github.com/astral-sh/ruff-pre-commit - rev: v0.3.2 + rev: "v0.6.1" hooks: - id: ruff types_or: [python, pyi, jupyter] - args: - - --fix + args: ["--fix"] - id: ruff-format types_or: [python, pyi, jupyter] - - repo: https://github.com/pre-commit/pre-commit-hooks - rev: v4.5.0 + # - repo: https://github.com/pre-commit/mirrors-mypy + # rev: "v1.11.1" + # hooks: + # - id: mypy + # files: src|tests + # args: [] + # additional_dependencies: + # - pytest + + - repo: https://github.com/codespell-project/codespell + rev: "v2.3.0" hooks: - - id: end-of-file-fixer - - id: trailing-whitespace - - id: requirements-txt-fixer - exclude: ^examples/ + - id: codespell + + - repo: https://github.com/shellcheck-py/shellcheck-py + rev: "v0.10.0.1" + hooks: + - id: shellcheck + + - repo: local + hooks: + - id: disallow-caps + name: Disallow improper capitalization + language: pygrep + entry: PyBind|Numpy|Cmake|CCache|Github|PyTest + exclude: .pre-commit-config.yaml + + - repo: https://github.com/abravalheri/validate-pyproject + rev: "v0.19" + hooks: + - id: validate-pyproject + additional_dependencies: ["validate-pyproject-schema-store[all]"] + + - repo: https://github.com/python-jsonschema/check-jsonschema + rev: "0.29.1" + hooks: + - id: check-dependabot + - id: check-github-workflows + - id: check-readthedocs diff --git a/.readthedocs.yaml b/.readthedocs.yaml new file mode 100644 index 000000000..67c194c82 --- /dev/null +++ b/.readthedocs.yaml @@ -0,0 +1,17 @@ +# Read the Docs configuration file +# See https://docs.readthedocs.io/en/stable/config-file/v2.html for details + +version: 2 + +build: + os: ubuntu-22.04 + tools: + python: "3.12" + commands: + - asdf plugin add uv + - asdf install uv latest + - asdf global uv latest + - uv venv + - uv pip install .[docs] + - .venv/bin/python -m sphinx -T -b html -d docs/_build/doctrees -D + language=en docs $READTHEDOCS_OUTPUT/html diff --git a/LICENSE b/LICENSE index d64569567..bc78a2f35 100644 --- a/LICENSE +++ b/LICENSE @@ -1,202 +1,19 @@ - - Apache License - Version 2.0, January 2004 - http://www.apache.org/licenses/ - - TERMS AND CONDITIONS FOR USE, REPRODUCTION, AND DISTRIBUTION - - 1. Definitions. - - "License" shall mean the terms and conditions for use, reproduction, - and distribution as defined by Sections 1 through 9 of this document. - - "Licensor" shall mean the copyright owner or entity authorized by - the copyright owner that is granting the License. - - "Legal Entity" shall mean the union of the acting entity and all - other entities that control, are controlled by, or are under common - control with that entity. For the purposes of this definition, - "control" means (i) the power, direct or indirect, to cause the - direction or management of such entity, whether by contract or - otherwise, or (ii) ownership of fifty percent (50%) or more of the - outstanding shares, or (iii) beneficial ownership of such entity. - - "You" (or "Your") shall mean an individual or Legal Entity - exercising permissions granted by this License. - - "Source" form shall mean the preferred form for making modifications, - including but not limited to software source code, documentation - source, and configuration files. - - "Object" form shall mean any form resulting from mechanical - transformation or translation of a Source form, including but - not limited to compiled object code, generated documentation, - and conversions to other media types. - - "Work" shall mean the work of authorship, whether in Source or - Object form, made available under the License, as indicated by a - copyright notice that is included in or attached to the work - (an example is provided in the Appendix below). - - "Derivative Works" shall mean any work, whether in Source or Object - form, that is based on (or derived from) the Work and for which the - editorial revisions, annotations, elaborations, or other modifications - represent, as a whole, an original work of authorship. For the purposes - of this License, Derivative Works shall not include works that remain - separable from, or merely link (or bind by name) to the interfaces of, - the Work and Derivative Works thereof. - - "Contribution" shall mean any work of authorship, including - the original version of the Work and any modifications or additions - to that Work or Derivative Works thereof, that is intentionally - submitted to Licensor for inclusion in the Work by the copyright owner - or by an individual or Legal Entity authorized to submit on behalf of - the copyright owner. For the purposes of this definition, "submitted" - means any form of electronic, verbal, or written communication sent - to the Licensor or its representatives, including but not limited to - communication on electronic mailing lists, source code control systems, - and issue tracking systems that are managed by, or on behalf of, the - Licensor for the purpose of discussing and improving the Work, but - excluding communication that is conspicuously marked or otherwise - designated in writing by the copyright owner as "Not a Contribution." - - "Contributor" shall mean Licensor and any individual or Legal Entity - on behalf of whom a Contribution has been received by Licensor and - subsequently incorporated within the Work. - - 2. Grant of Copyright License. Subject to the terms and conditions of - this License, each Contributor hereby grants to You a perpetual, - worldwide, non-exclusive, no-charge, royalty-free, irrevocable - copyright license to reproduce, prepare Derivative Works of, - publicly display, publicly perform, sublicense, and distribute the - Work and such Derivative Works in Source or Object form. - - 3. Grant of Patent License. Subject to the terms and conditions of - this License, each Contributor hereby grants to You a perpetual, - worldwide, non-exclusive, no-charge, royalty-free, irrevocable - (except as stated in this section) patent license to make, have made, - use, offer to sell, sell, import, and otherwise transfer the Work, - where such license applies only to those patent claims licensable - by such Contributor that are necessarily infringed by their - Contribution(s) alone or by combination of their Contribution(s) - with the Work to which such Contribution(s) was submitted. If You - institute patent litigation against any entity (including a - cross-claim or counterclaim in a lawsuit) alleging that the Work - or a Contribution incorporated within the Work constitutes direct - or contributory patent infringement, then any patent licenses - granted to You under this License for that Work shall terminate - as of the date such litigation is filed. - - 4. Redistribution. You may reproduce and distribute copies of the - Work or Derivative Works thereof in any medium, with or without - modifications, and in Source or Object form, provided that You - meet the following conditions: - - (a) You must give any other recipients of the Work or - Derivative Works a copy of this License; and - - (b) You must cause any modified files to carry prominent notices - stating that You changed the files; and - - (c) You must retain, in the Source form of any Derivative Works - that You distribute, all copyright, patent, trademark, and - attribution notices from the Source form of the Work, - excluding those notices that do not pertain to any part of - the Derivative Works; and - - (d) If the Work includes a "NOTICE" text file as part of its - distribution, then any Derivative Works that You distribute must - include a readable copy of the attribution notices contained - within such NOTICE file, excluding those notices that do not - pertain to any part of the Derivative Works, in at least one - of the following places: within a NOTICE text file distributed - as part of the Derivative Works; within the Source form or - documentation, if provided along with the Derivative Works; or, - within a display generated by the Derivative Works, if and - wherever such third-party notices normally appear. The contents - of the NOTICE file are for informational purposes only and - do not modify the License. You may add Your own attribution - notices within Derivative Works that You distribute, alongside - or as an addendum to the NOTICE text from the Work, provided - that such additional attribution notices cannot be construed - as modifying the License. - - You may add Your own copyright statement to Your modifications and - may provide additional or different license terms and conditions - for use, reproduction, or distribution of Your modifications, or - for any such Derivative Works as a whole, provided Your use, - reproduction, and distribution of the Work otherwise complies with - the conditions stated in this License. - - 5. Submission of Contributions. Unless You explicitly state otherwise, - any Contribution intentionally submitted for inclusion in the Work - by You to the Licensor shall be under the terms and conditions of - this License, without any additional terms or conditions. - Notwithstanding the above, nothing herein shall supersede or modify - the terms of any separate license agreement you may have executed - with Licensor regarding such Contributions. - - 6. Trademarks. This License does not grant permission to use the trade - names, trademarks, service marks, or product names of the Licensor, - except as required for reasonable and customary use in describing the - origin of the Work and reproducing the content of the NOTICE file. - - 7. Disclaimer of Warranty. Unless required by applicable law or - agreed to in writing, Licensor provides the Work (and each - Contributor provides its Contributions) on an "AS IS" BASIS, - WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or - implied, including, without limitation, any warranties or conditions - of TITLE, NON-INFRINGEMENT, MERCHANTABILITY, or FITNESS FOR A - PARTICULAR PURPOSE. You are solely responsible for determining the - appropriateness of using or redistributing the Work and assume any - risks associated with Your exercise of permissions under this License. - - 8. Limitation of Liability. In no event and under no legal theory, - whether in tort (including negligence), contract, or otherwise, - unless required by applicable law (such as deliberate and grossly - negligent acts) or agreed to in writing, shall any Contributor be - liable to You for damages, including any direct, indirect, special, - incidental, or consequential damages of any character arising as a - result of this License or out of the use or inability to use the - Work (including but not limited to damages for loss of goodwill, - work stoppage, computer failure or malfunction, or any and all - other commercial damages or losses), even if such Contributor - has been advised of the possibility of such damages. - - 9. Accepting Warranty or Additional Liability. While redistributing - the Work or Derivative Works thereof, You may choose to offer, - and charge a fee for, acceptance of support, warranty, indemnity, - or other liability obligations and/or rights consistent with this - License. However, in accepting such obligations, You may act only - on Your own behalf and on Your sole responsibility, not on behalf - of any other Contributor, and only if You agree to indemnify, - defend, and hold each Contributor harmless for any liability - incurred by, or claims asserted against, such Contributor by reason - of your accepting any such warranty or additional liability. - - END OF TERMS AND CONDITIONS - - APPENDIX: How to apply the Apache License to your work. - - To apply the Apache License to your work, attach the following - boilerplate notice, with the fields enclosed by brackets "[]" - replaced with your own identifying information. (Don't include - the brackets!) The text should be enclosed in the appropriate - comment syntax for the file format. We also recommend that a - file or class name and description of purpose be included on the - same "printed page" as the copyright notice for easier - identification within third-party archives. - - Copyright [yyyy] [name of copyright owner] - - Licensed under the Apache License, Version 2.0 (the "License"); - you may not use this file except in compliance with the License. - You may obtain a copy of the License at - - http://www.apache.org/licenses/LICENSE-2.0 - - Unless required by applicable law or agreed to in writing, software - distributed under the License is distributed on an "AS IS" BASIS, - WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied. - See the License for the specific language governing permissions and - limitations under the License. +Copyright 2024 Econ-ARK Team + +Permission is hereby granted, free of charge, to any person obtaining a copy of +this software and associated documentation files (the "Software"), to deal in +the Software without restriction, including without limitation the rights to +use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies +of the Software, and to permit persons to whom the Software is furnished to do +so, subject to the following conditions: + +The above copyright notice and this permission notice shall be included in all +copies or substantial portions of the Software. + +THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR +IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, +FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE +AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER +LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, +OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE +SOFTWARE. diff --git a/README.md b/README.md index 5004e1a92..276a1d664 100644 --- a/README.md +++ b/README.md @@ -33,9 +33,15 @@ # Heterogeneous Agents Resources and toolKit (HARK) -HARK is a toolkit for the structural modeling of economic choices of optimizing and non-optimizing heterogeneous agents. For more information on using HARK, see the [Econ-ARK Website](https://econ-ark.org). +HARK is a toolkit for the structural modeling of economic choices of optimizing +and non-optimizing heterogeneous agents. For more information on using HARK, see +the [Econ-ARK Website](https://econ-ark.org). -The Econ-ARK project is fiscally sponsored by [NumFOCUS](https://numfocus.org/). Consider making a [tax-deductible donation](https://numfocus.org/donate-to-econ-ark) to help the project pay for developer time, professional services, travel, workshops, and a variety of other needs. +The Econ-ARK project is fiscally sponsored by [NumFOCUS](https://numfocus.org/). +Consider making a +[tax-deductible donation](https://numfocus.org/donate-to-econ-ark) to help the +project pay for developer time, professional services, travel, workshops, and a +variety of other needs.
@@ -48,26 +54,32 @@ The Econ-ARK project is fiscally sponsored by [NumFOCUS](https://numfocus.org/). # Questions/Comments/Help -We have a [Gitter](https://gitter.im) Econ-ARK [community](https://gitter.im/econ-ark/community). +We have a [Gitter](https://gitter.im) Econ-ARK +[community](https://gitter.im/econ-ark/community). # Table of Contents -- [Install](#install) -- [Usage](#usage) -- [Citation](#citation) -- [Support](#support) -- [Release Types](#release-types) -- [Documentation](#Documentation) -- [Introduction](#introduction) - - [For Students: A Gentle Introduction to Hark](#for-students-a-gentle-introduction-to-hark) - - [For Economists: Structural Modeling with Hark](#for-economists-structural-modeling-with-hark) - - [For Computational Economics Developers](#for-computational-economics-developers) -- [Contributing to HARK](#contributing-to-hark) -- [Disclaimer](#disclaimer) +- [Heterogeneous Agents Resources and toolKit (HARK)](#heterogeneous-agents-resources-and-toolkit-hark) +- [Questions/Comments/Help](#questionscommentshelp) +- [Table of Contents](#table-of-contents) + - [Install](#install) + - [Usage](#usage) + - [Citation](#citation) + - [Support](#support) + - [Release Types](#release-types) + - [Documentation](#documentation) + - [Introduction](#introduction) + - [For Students: A Gentle Introduction to HARK](#for-students-a-gentle-introduction-to-hark) + - [For Economists: Structural Modeling with HARK](#for-economists-structural-modeling-with-hark) + - [For Computational Economics Developers](#for-computational-economics-developers) + - [Contributing to HARK](#contributing-to-hark) + - [Disclaimer](#disclaimer) +- [HARK](#hark) ## Install -Install from [Anaconda Cloud](https://docs.anaconda.com/anaconda/install/) by running: +Install from [Anaconda Cloud](https://docs.anaconda.com/anaconda/install/) by +running: `conda install -c conda-forge econ-ark` @@ -77,7 +89,8 @@ Install from [PyPi](https://pypi.org/) by running: ## Usage -We start with almost the simplest possible consumption model: A consumer with CRRA utility +We start with almost the simplest possible consumption model: A consumer with +CRRA utility
@@ -85,7 +98,8 @@ We start with almost the simplest possible consumption model: A consumer with CR has perfect foresight about everything except the (stochastic) date of death. -The agent's problem can be written in [Bellman form](https://en.wikipedia.org/wiki/Bellman_equation) as: +The agent's problem can be written in +[Bellman form](https://en.wikipedia.org/wiki/Bellman_equation) as:
@@ -93,7 +107,9 @@ The agent's problem can be written in [Bellman form](https://en.wikipedia.org/wi
-To model the above problem, start by importing the `PerfForesightConsumerType` model from the appropriate `HARK` module then create an agent instance using the appropriate paramaters: +To model the above problem, start by importing the `PerfForesightConsumerType` +model from the appropriate `HARK` module then create an agent instance using the +appropriate paramaters: ```python import HARK @@ -115,40 +131,53 @@ PF_params = { PFexample = PerfForesightConsumerType(**PF_params) ``` -Once the model is created, ask the the agent to solve the problem with `.solve()`: +Once the model is created, ask the the agent to solve the problem with +`.solve()`: ```python # Tell the agent to solve the problem PFexample.solve() ``` -Solving the problem populates the agent's `.solution` list attribute with solutions to each period of the problem. In the case of an infinite horizon model, there is just one element in the list, at **index-zero**. +Solving the problem populates the agent's `.solution` list attribute with +solutions to each period of the problem. In the case of an infinite horizon +model, there is just one element in the list, at **index-zero**. -You can retrieve the solution's consumption function from the `.cFunc` attribute: +You can retrieve the solution's consumption function from the `.cFunc` +attribute: ```python # Retrieve the consumption function of the solution PFexample.solution[0].cFunc ``` -Or you can retrieve the solved value for human wealth normalized by permanent income from the solution's `.hNrm` attribute: +Or you can retrieve the solved value for human wealth normalized by permanent +income from the solution's `.hNrm` attribute: ```python # Retrieve the solved value for human wealth normalized by permanent income PFexample.solution[0].hNrm ``` -For a detailed explanation of the above example please see the demo notebook [_A Gentle Introduction to HARK_](https://docs.econ-ark.org/examples/Gentle-Intro/Gentle-Intro-To-HARK.html). +For a detailed explanation of the above example please see the demo notebook +[_A Gentle Introduction to HARK_](https://docs.econ-ark.org/examples/Gentle-Intro/Gentle-Intro-To-HARK.html). -For more examples please visit the [examples](https://docs.econ-ark.org/docs/overview/index.html) section of the [documentation](https://docs.econ-ark.org/index.html), or the [econ-ark/DemARK](https://github.com/econ-ark/DemARK) repository. +For more examples please visit the +[examples](https://docs.econ-ark.org/docs/overview/index.html) section of the +[documentation](https://docs.econ-ark.org/index.html), or the +[econ-ark/DemARK](https://github.com/econ-ark/DemARK) repository. ## Citation -If using Econ-ARK in your work or research please [cite our Digital Object Identifier](https://doi.org/10.5281/zenodo.1332015) or copy the BibTex below. +If using Econ-ARK in your work or research please +[cite our Digital Object Identifier](https://doi.org/10.5281/zenodo.1332015) or +copy the BibTex below. [![DOI](https://zenodo.org/badge/DOI/10.5281/zenodo.1332015.svg)](https://doi.org/10.5281/zenodo.1332015) -[1] Carroll, Christopher D, Palmer, Nathan, White, Matthew N., Kazil, Jacqueline, Low, David C, & Kaufman, Alexander. (2017, October 3). _econ-ark/HARK_ +[1] Carroll, Christopher D, Palmer, Nathan, White, Matthew N., Kazil, +Jacqueline, Low, David C, & Kaufman, Alexander. (2017, October 3). +_econ-ark/HARK_ **BibText** @@ -164,77 +193,173 @@ If using Econ-ARK in your work or research please [cite our Digital Object Ident } ``` -For more on acknowledging Econ-ARK [visit our website](https://econ-ark.org/acknowledging). +For more on acknowledging Econ-ARK +[visit our website](https://econ-ark.org/acknowledging). ## Support -Looking for help? Please open a [GitHub issue](https://github.com/econ-ark/HARK/issues/new) or reach out to us through the gitter [community](https://gitter.im/econ-ark/community). +Looking for help? Please open a +[GitHub issue](https://github.com/econ-ark/HARK/issues/new) or reach out to us +through the gitter [community](https://gitter.im/econ-ark/community). ## Release Types -- **Current**: Under active development. Code for the Current release is in the branch for its major version number (for example, v0.10.x). -- **Development**: Under active development. Code for the Current release is in the development. +- **Current**: Under active development. Code for the Current release is in the + branch for its major version number (for example, v0.10.x). +- **Development**: Under active development. Code for the Current release is in + the development. -Current releases follow [Semantic Versioning](https://semver.org/). For more information please see the [Release documentation](https://github.com/econ-ark/OverARK/wiki/Release-Management). +Current releases follow [Semantic Versioning](https://semver.org/). For more +information please see the +[Release documentation](https://github.com/econ-ark/OverARK/wiki/Release-Management). ## Documentation -Documentation for the latest release is at [docs.econ-ark.org](https://docs.econ-ark.org/). +Documentation for the latest release is at +[docs.econ-ark.org](https://docs.econ-ark.org/). ## Introduction ### For Students: A Gentle Introduction to HARK -Most of what economists have done so far with 'big data' has been like what Kepler did with astronomical data: Organizing the data, and finding patterns and regularities and interconnections. +Most of what economists have done so far with 'big data' has been like what +Kepler did with astronomical data: Organizing the data, and finding patterns and +regularities and interconnections. -An alternative approach called 'structural modeling' aims to do, for economic data, what Newton did for astronomical data: Provide a deep and rigorous mathematical (or computational) framework that distills the essence of the underlying behavior that produces the 'big data.' +An alternative approach called 'structural modeling' aims to do, for economic +data, what Newton did for astronomical data: Provide a deep and rigorous +mathematical (or computational) framework that distills the essence of the +underlying behavior that produces the 'big data.' -The notebook [_A Gentle Introduction to HARK_](https://mybinder.org/v2/gh/econ-ark/DemARK/master?filepath=notebooks/Gentle-Intro-To-HARK-PerfForesightCRRA.ipynb) details how you can easily utilize our toolkit for structural modeling. Starting with a simple [Perfect Foresight Model](https://en.wikipedia.org/wiki/Rational_expectations) we solve an agent problem, then experiment with adding [income shocks]() and changing constructed attributes. +The notebook +[_A Gentle Introduction to HARK_](https://mybinder.org/v2/gh/econ-ark/DemARK/master?filepath=notebooks/Gentle-Intro-To-HARK-PerfForesightCRRA.ipynb) +details how you can easily utilize our toolkit for structural modeling. Starting +with a simple +[Perfect Foresight Model](https://en.wikipedia.org/wiki/Rational_expectations) +we solve an agent problem, then experiment with adding +[income shocks]() and changing +constructed attributes. ### For Economists: Structural Modeling with HARK -Dissatisfaction with the ability of Representative Agent models to answer important questions raised by the Great Recession has led to a strong movement in the macroeconomics literature toward 'Heterogeneous Agent' models, in which microeconomic agents (consumers; firms) solve a structural problem calibrated to match microeconomic data; aggregate outcomes are derived by explicitly simulating the equilibrium behavior of populations solving such models. - -The same kinds of modeling techniques are also gaining popularity among microeconomists, in areas ranging from labor economics to industrial organization. In both macroeconomics and structural micro, the chief barrier to the wide adoption of these techniques has been that programming a structural model has, until now, required a great deal of specialized knowledge and custom software development. - -HARK provides a robust, well-designed, open-source toolkit for building such models much more efficiently than has been possible in the past. - -Our [_DCEGM Upper Envelope_](https://mybinder.org/v2/gh/econ-ark/DemARK/master?filepath=notebooks%2FDCEGM-Upper-Envelope.ipynb) notebook illustrates using HARK to replicate the [Iskhakov, Jørgensen, Rust, and Schjerning paper](https://onlinelibrary.wiley.com/doi/abs/10.3982/QE643) for solving the discrete-continuous retirement saving problem. - -The notebook [_Making Structural Estimates From Empirical Results_](https://mybinder.org/v2/gh/econ-ark/DemARK/master?filepath=notebooks%2FStructural-Estimates-From-Empirical-MPCs-Fagereng-et-al.ipynb) is another demonstration of using HARK to conduct a quick structural estimation based on Table 9 of [_MPC Heterogeneity and Household Balance Sheets_ by Fagereng, Holm, and Natvik](https://www.ssb.no/en/forskning/discussion-papers/_attachment/286054?_ts=158af859c98). +Dissatisfaction with the ability of Representative Agent models to answer +important questions raised by the Great Recession has led to a strong movement +in the macroeconomics literature toward 'Heterogeneous Agent' models, in which +microeconomic agents (consumers; firms) solve a structural problem calibrated to +match microeconomic data; aggregate outcomes are derived by explicitly +simulating the equilibrium behavior of populations solving such models. + +The same kinds of modeling techniques are also gaining popularity among +microeconomists, in areas ranging from labor economics to industrial +organization. In both macroeconomics and structural micro, the chief barrier to +the wide adoption of these techniques has been that programming a structural +model has, until now, required a great deal of specialized knowledge and custom +software development. + +HARK provides a robust, well-designed, open-source toolkit for building such +models much more efficiently than has been possible in the past. + +Our +[_DCEGM Upper Envelope_](https://mybinder.org/v2/gh/econ-ark/DemARK/master?filepath=notebooks%2FDCEGM-Upper-Envelope.ipynb) +notebook illustrates using HARK to replicate the +[Iskhakov, Jørgensen, Rust, and Schjerning paper](https://onlinelibrary.wiley.com/doi/abs/10.3982/QE643) +for solving the discrete-continuous retirement saving problem. + +The notebook +[_Making Structural Estimates From Empirical Results_](https://mybinder.org/v2/gh/econ-ark/DemARK/master?filepath=notebooks%2FStructural-Estimates-From-Empirical-MPCs-Fagereng-et-al.ipynb) +is another demonstration of using HARK to conduct a quick structural estimation +based on Table 9 of +[_MPC Heterogeneity and Household Balance Sheets_ by Fagereng, Holm, and Natvik](https://www.ssb.no/en/forskning/discussion-papers/_attachment/286054?_ts=158af859c98). ### For Computational Economics Developers -HARK provides a modular and extensible open-source toolkit for solving heterogeneous-agent partial-and general-equilibrium structural models. The code for such models has always been handcrafted, idiosyncratic, poorly documented, and sometimes not generously shared from leading researchers to outsiders. The result being that it can take years for a new researcher to become proficient. By building an integrated system from the bottom up using object-oriented programming techniques and other tools, we aim to provide a platform that will become a focal point for people using such models. - -HARK is written in Python, making significant use of libraries such as numpy and scipy which offer a wide array of mathematical and statistical functions and tools. Our modules are generally categorized into Tools (mathematical functions and techniques), Models (particular economic models and solvers) and Applications (use of tools to simulate an economic phenomenon). - -For more information on how you can create your own Models or use Tools and Model to create Applications please see the [documentation](https://docs.econ-ark.org/docs/guides/quick_start.html#for-other-developers-of-software-for-computational-economics) +HARK provides a modular and extensible open-source toolkit for solving +heterogeneous-agent partial-and general-equilibrium structural models. The code +for such models has always been handcrafted, idiosyncratic, poorly documented, +and sometimes not generously shared from leading researchers to outsiders. The +result being that it can take years for a new researcher to become proficient. +By building an integrated system from the bottom up using object-oriented +programming techniques and other tools, we aim to provide a platform that will +become a focal point for people using such models. + +HARK is written in Python, making significant use of libraries such as numpy and +scipy which offer a wide array of mathematical and statistical functions and +tools. Our modules are generally categorized into Tools (mathematical functions +and techniques), Models (particular economic models and solvers) and +Applications (use of tools to simulate an economic phenomenon). + +For more information on how you can create your own Models or use Tools and +Model to create Applications please see the +[documentation](https://docs.econ-ark.org/docs/guides/quick_start.html#for-other-developers-of-software-for-computational-economics) ### Contributing to HARK -**We want contributing to Econ-ARK to be fun, enjoyable, and educational for anyone, and everyone.** +**We want contributing to Econ-ARK to be fun, enjoyable, and educational for +anyone, and everyone.** -Contributions go far beyond pull requests and commits. Although we love giving you the opportunity to put your stamp on HARK, we are also thrilled to receive a variety of other contributions including: +Contributions go far beyond pull requests and commits. Although we love giving +you the opportunity to put your stamp on HARK, we are also thrilled to receive a +variety of other contributions including: - Documentation updates, enhancements, designs, or bugfixes - Spelling or grammar fixes - REAME.md corrections or redesigns - Adding unit, or functional tests -- [Triaging GitHub issues](https://github.com/econ-ark/HARK/issues?utf8=%E2%9C%93&q=label%3A%E2%80%9DTag%3A+Triage+Needed%E2%80%9D+) -- e.g. pointing out the relevant files, checking for reproducibility -- [Searching for #econ-ark on twitter](https://twitter.com/search?q=econ-ark) and helping someone else who needs help -- Answering questions from StackOverflow tagged with [econ-ark](https://stackoverflow.com/questions/tagged/econ-ark) +- [Triaging GitHub issues](https://github.com/econ-ark/HARK/issues?utf8=%E2%9C%93&q=label%3A%E2%80%9DTag%3A+Triage+Needed%E2%80%9D+) + -- e.g. pointing out the relevant files, checking for reproducibility +- [Searching for #econ-ark on twitter](https://twitter.com/search?q=econ-ark) + and helping someone else who needs help +- Answering questions from StackOverflow tagged with + [econ-ark](https://stackoverflow.com/questions/tagged/econ-ark) - Teaching others how to contribute to HARK - Blogging, speaking about, or creating tutorials about HARK - Helping others in our mailing list -If you are worried or don’t know how to start, you can always reach out to us through the gitter [community](https://gitter.im/econ-ark/community)(#tsc-technical-steering-committee) or simply submit [an issue](https://github.com/econ-ark/HARK/issues/new) and a member can help give you guidance! +If you are worried or don’t know how to start, you can always reach out to us +through the gitter +[community](https://gitter.im/econ-ark/community)(#tsc-technical-steering-committee) +or simply submit [an issue](https://github.com/econ-ark/HARK/issues/new) and a +member can help give you guidance! -To install for development see the [Quickstart Guide](https://docs.econ-ark.org/docs/guides/installation.html). +To install for development see the +[Quickstart Guide](https://docs.econ-ark.org/docs/guides/installation.html). -For more information on contributing to HARK please see [the contributing guide](https://docs.econ-ark.org/docs/guides/contributing.html). +For more information on contributing to HARK please see +[the contributing guide](https://docs.econ-ark.org/docs/guides/contributing.html). This is the guide that collaborators follow in maintaining the Econ-ARK project. ## Disclaimer -This is a beta version of HARK. The code has not been extensively tested as it should be. We hope it is useful, but there are absolutely no guarantees (expressed or implied) that it works or will do what you want. Use at your own risk. And please, let us know if you find bugs by posting an issue to [the GitHub page](https://github.com/econ-ark/HARK)! +This is a beta version of HARK. The code has not been extensively tested as it +should be. We hope it is useful, but there are absolutely no guarantees +(expressed or implied) that it works or will do what you want. Use at your own +risk. And please, let us know if you find bugs by posting an issue to +[the GitHub page](https://github.com/econ-ark/HARK)! + +# HARK + +[![Actions Status][actions-badge]][actions-link] +[![Documentation Status][rtd-badge]][rtd-link] + +[![PyPI version][pypi-version]][pypi-link] +[![Conda-Forge][conda-badge]][conda-link] +[![PyPI platforms][pypi-platforms]][pypi-link] + +[![GitHub Discussion][github-discussions-badge]][github-discussions-link] + + + + +[actions-badge]: https://github.com/econ-ark/HARK/workflows/CI/badge.svg +[actions-link]: https://github.com/econ-ark/HARK/actions +[conda-badge]: https://img.shields.io/conda/vn/conda-forge/HARK +[conda-link]: https://github.com/conda-forge/HARK-feedstock +[github-discussions-badge]: https://img.shields.io/static/v1?label=Discussions&message=Ask&color=blue&logo=github +[github-discussions-link]: https://github.com/econ-ark/HARK/discussions +[pypi-link]: https://pypi.org/project/HARK/ +[pypi-platforms]: https://img.shields.io/pypi/pyversions/HARK +[pypi-version]: https://img.shields.io/pypi/v/HARK +[rtd-badge]: https://readthedocs.org/projects/HARK/badge/?version=latest +[rtd-link]: https://HARK.readthedocs.io/en/latest/?badge=latest + + diff --git a/docs/conf.py b/docs/conf.py index bcab7bd01..37c217bf5 100644 --- a/docs/conf.py +++ b/docs/conf.py @@ -1,3 +1,6 @@ +from __future__ import annotations + +import importlib.metadata import warnings from datetime import date import os @@ -20,9 +23,9 @@ # Project information project = "HARK" -copyright = f"{date.today().year}, Econ-ARK team" -author = "Econ-ARK team" -version = release = "latest" +copyright = f"{date.today().year}, Econ-ARK Team" +author = "Econ-ARK Team" +version = release = importlib.metadata.version("hark") # General configuration extensions = [ @@ -42,24 +45,25 @@ "myst_parser", "sphinx_copybutton", "sphinx_design", + "sphinx_autodoc_typehints", ] -include_patterns = [ - "docs**", - "index.rst", -] # Makes sure that only the file we want documented get documented +source_suffix = [".rst", ".md"] +# Makes sure that only the file we want documented get documented +include_patterns = ["**", "index.rst"] +# Adds example notebooks with open(os.path.join(dir, "example_notebooks", "Include_list.txt"), "r") as file: include_patterns += file.readlines() -include_patterns = [ - i.replace("\n", "") for i in include_patterns -] # Adds example notebooks - +include_patterns = [i.replace("\n", "") for i in include_patterns] +# Prevents sphinx from getting confused exclude_patterns = [ - "docs/_build", - "docs/Thumbs.db", - "docs/.DS_Store", - "docs/NARK", - "docs/index_core.rst", # Prevents sphinx from getting confused + "_build", + "**.ipynb_checkpoints", + "Thumbs.db", + ".DS_Store", + ".env", + ".venv", + "NARK", ] napoleon_custom_sections = [ @@ -79,11 +83,6 @@ pygments_style = "sphinx" -source_suffix = [ - ".rst", - ".md", -] - # HTML writer configuration html_theme = "pydata_sphinx_theme" html_static_path = [] @@ -137,9 +136,9 @@ Download notebook.
""" -myst_enable_extensions = [ - "colon_fence", -] + +myst_enable_extensions = ["colon_fence"] + # Point to Econ-ARK repo for edit buttons html_context = { "github_url": "https://github.com", @@ -159,9 +158,16 @@ # sphinx.ext.intersphinx configuration intersphinx_mapping = { - "python": ("https://docs.python.org/3/", None), + "python": ("https://docs.python.org/3", None), } +nitpick_ignore = [ + ("py:class", "_io.StringIO"), + ("py:class", "_io.BytesIO"), +] + +always_document_param_types = True + # sphinx.ext.autodoc configuration autodoc_default_flags = ["members"] # must add outside ']' bracket diff --git a/docs/example_notebooks/Include_list.txt b/docs/example_notebooks/Include_list.txt index 68332db4f..f8e151761 100644 --- a/docs/example_notebooks/Include_list.txt +++ b/docs/example_notebooks/Include_list.txt @@ -1,14 +1,14 @@ -examples/Gentle-Intro/Gentle-Intro-To-HARK.ipynb -examples/LifecycleModel/Cycles_tutorial.ipynb -examples/ConsIndShockModel/PerfForesightConsumerType.ipynb -examples/ConsIndShockModel/IndShockConsumerType.ipynb -examples/ConsIndShockModel/KinkedRconsumerType.ipynb -examples/ConsPortfolioModel/example_ConsPortfolioModel.ipynb -examples/GenIncProcessModel/GenIncProcessModel.ipynb -examples/LifecycleModel/LifecycleModel.ipynb -examples/HowWeSolveIndShockConsumerType/HowWeSolveIndShockConsumerType.ipynb -examples/Journeys/Journey-PhD.ipynb -examples/ConsNewKeynesianModel/Transition_Matrix_Example.ipynb -examples/ConsNewKeynesianModel/Jacobian_Example.ipynb -examples/ConsNewKeynesianModel/KS-HARK-presentation.ipynb -examples/ConsNewKeynesianModel/SSJ_example.ipynb +../examples/Gentle-Intro/Gentle-Intro-To-HARK.ipynb +../examples/LifecycleModel/Cycles_tutorial.ipynb +../examples/ConsIndShockModel/PerfForesightConsumerType.ipynb +../examples/ConsIndShockModel/IndShockConsumerType.ipynb +../examples/ConsIndShockModel/KinkedRconsumerType.ipynb +../examples/ConsPortfolioModel/example_ConsPortfolioModel.ipynb +../examples/GenIncProcessModel/GenIncProcessModel.ipynb +../examples/LifecycleModel/LifecycleModel.ipynb +../examples/HowWeSolveIndShockConsumerType/HowWeSolveIndShockConsumerType.ipynb +../examples/Journeys/Journey-PhD.ipynb +../examples/ConsNewKeynesianModel/Transition_Matrix_Example.ipynb +../examples/ConsNewKeynesianModel/Jacobian_Example.ipynb +../examples/ConsNewKeynesianModel/KS-HARK-presentation.ipynb +../examples/ConsNewKeynesianModel/SSJ_example.ipynb diff --git a/docs/index_core.rst b/docs/index.rst similarity index 87% rename from docs/index_core.rst rename to docs/index.rst index ccad31e2c..9a495ab5b 100644 --- a/docs/index_core.rst +++ b/docs/index.rst @@ -5,13 +5,13 @@ Econ-ARK documentation -- HARK :maxdepth: 1 :hidden: - Guides - Overview & Examples - Reference + Guides + Overview & Examples + Reference **Useful links**: -:doc:`Install HARK ` | +:doc:`Install HARK ` | `Source Repository `__ | `Issues & Ideas `__ @@ -44,7 +44,7 @@ you might want to look at the `DemARK +++ - .. button-ref:: docs/guides/quick_start + .. button-ref:: guides/quick_start :ref-type: doc :color: info :click-parent: @@ -63,7 +63,7 @@ you might want to look at the `DemARK +++ - .. button-ref:: docs/overview/index + .. button-ref:: overview/index :ref-type: doc :color: info :click-parent: @@ -83,7 +83,7 @@ you might want to look at the `DemARK +++ - .. button-ref:: docs/reference/index + .. button-ref:: reference/index :ref-type: doc :color: info :click-parent: @@ -105,7 +105,7 @@ you might want to look at the `DemARK +++ - .. button-ref:: docs/guides/contributing + .. button-ref:: guides/contributing :ref-type: doc :color: info :click-parent: diff --git a/index.rst b/index.rst deleted file mode 100644 index 64e4dca2b..000000000 --- a/index.rst +++ /dev/null @@ -1 +0,0 @@ -.. include:: docs/index_core.rst diff --git a/noxfile.py b/noxfile.py new file mode 100644 index 000000000..a9046471e --- /dev/null +++ b/noxfile.py @@ -0,0 +1,107 @@ +from __future__ import annotations + +import argparse +import shutil +from pathlib import Path + +import nox + +DIR = Path(__file__).parent.resolve() + +nox.needs_version = ">=2024.3.2" +nox.options.sessions = ["lint", "pylint", "tests"] +nox.options.default_venv_backend = "uv|virtualenv" + + +@nox.session +def lint(session: nox.Session) -> None: + """ + Run the linter. + """ + session.install("pre-commit") + session.run( + "pre-commit", "run", "--all-files", "--show-diff-on-failure", *session.posargs + ) + + +@nox.session +def pylint(session: nox.Session) -> None: + """ + Run PyLint. + """ + # This needs to be installed into the package environment, and is slower + # than a pre-commit check + session.install(".", "pylint>=3.2") + session.run("pylint", "hark", *session.posargs) + + +@nox.session +def tests(session: nox.Session) -> None: + """ + Run the unit and regular tests. + """ + session.install(".[test]") + session.run("pytest", *session.posargs) + + +@nox.session(reuse_venv=True) +def docs(session: nox.Session) -> None: + """ + Build the docs. Pass --non-interactive to avoid serving. First positional argument is the target directory. + """ + + parser = argparse.ArgumentParser() + parser.add_argument( + "-b", dest="builder", default="html", help="Build target (default: html)" + ) + parser.add_argument("output", nargs="?", help="Output directory") + args, posargs = parser.parse_known_args(session.posargs) + serve = args.builder == "html" and session.interactive + + session.install("-e.[docs]", "sphinx-autobuild") + + shared_args = ( + "-n", # nitpicky mode + "-T", # full tracebacks + f"-b={args.builder}", + "docs", + args.output or f"docs/_build/{args.builder}", + *posargs, + ) + + if serve: + session.run("sphinx-autobuild", "--open-browser", *shared_args) + else: + session.run("sphinx-build", "--keep-going", *shared_args) + + +@nox.session +def build_api_docs(session: nox.Session) -> None: + """ + Build (regenerate) API docs. + """ + + session.install("sphinx") + session.run( + "sphinx-apidoc", + "-o", + "docs/api/", + "--module-first", + "--no-toc", + "--force", + "src/hark", + ) + + +@nox.session +def build(session: nox.Session) -> None: + """ + Build an SDist and wheel. + """ + + build_path = DIR.joinpath("build") + if build_path.exists(): + shutil.rmtree(build_path) + + session.install("build") + session.run("python", "-m", "build") diff --git a/pyproject.toml b/pyproject.toml index e156cda8d..4e47daf31 100644 --- a/pyproject.toml +++ b/pyproject.toml @@ -1,61 +1,173 @@ [build-system] -requires = ["setuptools>=61.2", "setuptools_scm[toml]>=6.2"] -build-backend = "setuptools.build_meta" +requires = ["hatchling", "hatch-vcs"] +build-backend = "hatchling.build" + [project] -name = "econ-ark" -version = "0.15.1" -authors = [{name = "Econ-ARK team", email = "econ-ark@jhuecon.org"}] -classifiers = [ - "Development Status :: 3 - Alpha", - "Environment :: Console", - "Intended Audience :: Developers", - "Intended Audience :: Financial and Insurance Industry", - "Intended Audience :: Science/Research", - "Topic :: Scientific/Engineering", - "Topic :: Scientific/Engineering :: Mathematics", - "Topic :: Other/Nonlisted Topic", - "Natural Language :: English", - "Operating System :: OS Independent", - "License :: OSI Approved :: Apache Software License", - "License :: OSI Approved", - "Programming Language :: Python :: 3", - "Programming Language :: Python :: 3.10", - "Programming Language :: Python :: 3.11", - "Programming Language :: Python :: 3.12", -] -description = "Heterogenous Agents Resources & toolKit" +name = "HARK" +authors = [ + { name = "Econ-ARK Team", email = "econ-ark@jhuecon.org" }, +] +description = "Heterogeneous Agents Resources and toolKit" keywords = ["economics", "modelling", "modeling", "heterogeneity"] +readme = "README.md" +license.file = "LICENSE" requires-python = ">=3.10" -dynamic = ["dependencies", "optional-dependencies"] - - -[tool.setuptools.dynamic.dependencies] -file = "requirements/base.txt" +classifiers = [ + "Development Status :: 3 - Alpha", + "Environment :: Console", + "Intended Audience :: Financial and Insurance Industry", + "Intended Audience :: Science/Research", + "Intended Audience :: Developers", + "License :: OSI Approved", + "License :: OSI Approved :: MIT License", + "Natural Language :: English", + "Operating System :: OS Independent", + "Programming Language :: Python", + "Programming Language :: Python :: 3", + "Programming Language :: Python :: 3 :: Only", + "Programming Language :: Python :: 3.10", + "Programming Language :: Python :: 3.11", + "Programming Language :: Python :: 3.12", + "Topic :: Scientific/Engineering", + "Topic :: Scientific/Engineering :: Mathematics", + "Topic :: Other/Nonlisted Topic", + "Typing :: Typed", +] +dynamic = ["version"] +dependencies = [] -[tool.setuptools.dynamic.optional-dependencies] -dev.file = "requirements/dev.txt" -doc.file = "requirements/doc.txt" +[project.optional-dependencies] +test = [ + "pytest >=6", + "pytest-cov >=3", +] +dev = [ + "pytest >=6", + "pytest-cov >=3", +] +docs = [ + "sphinx>=7.0", + "myst_parser>=0.13", + "sphinx_copybutton", + "sphinx_autodoc_typehints", + "furo>=2023.08.17", + # extension requirements + "ipython", # for the Pygments lexer + "myst-parser>=2", + "nbsphinx>=0.8", + # theme requirements + "pydata-sphinx-theme", + "sphinx>=6.1", + "sphinx-copybutton", + "sphinx-design", + "numpy", + "pandas" +] [project.urls] Homepage = "https://github.com/econ-ark/HARK" -"Bug Reports" = "https://github.com/econ-ark/HARK/issues" Documentation = "https://econ-ark.github.io/HARK" +"Bug Tracker" = "https://github.com/econ-ark/HARK/issues" +Discussions = "https://github.com/econ-ark/HARK/discussions" +Changelog = "https://github.com/econ-ark/HARK/releases" + + +[tool.hatch] +version.source = "vcs" +build.hooks.vcs.version-file = "src/HARK/_version.py" + +[tool.hatch.envs.default] +features = ["test"] +scripts.test = "pytest {args}" -[project.license] -file = "LICENSE" -[project.readme] -file = "README.md" -content-type = "text/markdown" +[tool.pytest.ini_options] +minversion = "6.0" +addopts = ["-ra", "--showlocals", "--strict-markers", "--strict-config"] +xfail_strict = true +filterwarnings = [ + "error", +] +log_cli_level = "INFO" +testpaths = [ + "tests", +] + + +[tool.coverage] +run.source = ["HARK"] +report.exclude_also = [ + '\.\.\.', + 'if typing.TYPE_CHECKING:', +] + +[tool.mypy] +files = ["src", "tests"] +python_version = "3.10" +warn_unused_configs = true +strict = true +enable_error_code = ["ignore-without-code", "redundant-expr", "truthy-bool"] +warn_unreachable = true +disallow_untyped_defs = false +disallow_incomplete_defs = false + +[[tool.mypy.overrides]] +module = "HARK.*" +disallow_untyped_defs = true +disallow_incomplete_defs = true -[tool.setuptools.packages.find] -# All the following settings are optional: -exclude = ["binder", "docs", "examples"] -namespaces = false -[tool.setuptools.package-data] -"*" = ["*.csv", "*.txt"] +[tool.ruff] -[tool.distutils.bdist_wheel] -universal = 1 +[tool.ruff.lint] +extend-select = [ + "B", # flake8-bugbear + "I", # isort + "ARG", # flake8-unused-arguments + "C4", # flake8-comprehensions + "EM", # flake8-errmsg + "ICN", # flake8-import-conventions + "G", # flake8-logging-format + "PGH", # pygrep-hooks + "PIE", # flake8-pie + "PL", # pylint + "PT", # flake8-pytest-style + "PTH", # flake8-use-pathlib + "RET", # flake8-return + "RUF", # Ruff-specific + "SIM", # flake8-simplify + "T20", # flake8-print + "UP", # pyupgrade + "YTT", # flake8-2020 + "EXE", # flake8-executable + "NPY", # NumPy specific rules + "PD", # pandas-vet +] +ignore = [ + "PLR09", # Too many <...> + "PLR2004", # Magic value used in comparison + "ISC001", # Conflicts with formatter +] +isort.required-imports = ["from __future__ import annotations"] +# Uncomment if using a _compat.typing backport +# typing-modules = ["HARK._compat.typing"] + +[tool.ruff.lint.per-file-ignores] +"tests/**" = ["T20"] +"noxfile.py" = ["T20"] + + +[tool.pylint] +py-version = "3.10" +ignore-paths = [".*/_version.py"] +reports.output-format = "colorized" +similarities.ignore-imports = "yes" +messages_control.disable = [ + "design", + "fixme", + "line-too-long", + "missing-module-docstring", + "missing-function-docstring", + "wrong-import-position", +] diff --git a/src/HARK/__init__.py b/src/HARK/__init__.py index 4c2064e96..99d80df68 100644 --- a/src/HARK/__init__.py +++ b/src/HARK/__init__.py @@ -1,6 +1,17 @@ +""" +Copyright (c) 2024 Econ-ARK Team. All rights reserved. + +HARK: Heterogeneous Agents Resources and toolKit +""" + +from __future__ import annotations + +from ._version import version as __version__ + +__all__ = ["__version__"] + from .core import * -__version__ = "0.15.1" """ Logging tools for HARK. diff --git a/src/HARK/_version.pyi b/src/HARK/_version.pyi new file mode 100644 index 000000000..91744f983 --- /dev/null +++ b/src/HARK/_version.pyi @@ -0,0 +1,4 @@ +from __future__ import annotations + +version: str +version_tuple: tuple[int, int, int] | tuple[int, int, int, str, str] diff --git a/src/HARK/py.typed b/src/HARK/py.typed new file mode 100644 index 000000000..e69de29bb diff --git a/tests/test_package.py b/tests/test_package.py new file mode 100644 index 000000000..224b7ed54 --- /dev/null +++ b/tests/test_package.py @@ -0,0 +1,9 @@ +from __future__ import annotations + +import importlib.metadata + +import hark as m + + +def test_version(): + assert importlib.metadata.version("hark") == m.__version__ From 67a048fae771b5b210333beabb131567a55bc661 Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Tue, 19 Nov 2024 16:45:36 -0500 Subject: [PATCH 07/23] dynamic dependencies --- .github/workflows/documentation.yml | 26 ++--- .github/workflows/execute-notebooks.yml | 7 +- .pre-commit-config.yaml | 32 +++--- .../tex/latex/articleNoRefHead.cls | 2 +- .../texmf-local/tex/latex/printvrb.sty | 2 +- .../tex/latex/articleNoRefHead.cls | 2 +- .../texmf-local/tex/latex/printvrb.sty | 2 +- .../tex/latex/articleNoRefHead.cls | 2 +- .../tex/latex/articleNoRefHead.cls | 2 +- docs/texmf-local/tex/latex/printvrb.sty | 2 +- pyproject.toml | 104 +++++++----------- src/HARK/models/consumer.yaml | 70 ++++++------ 12 files changed, 108 insertions(+), 145 deletions(-) diff --git a/.github/workflows/documentation.yml b/.github/workflows/documentation.yml index 93e1ac795..e373d977a 100644 --- a/.github/workflows/documentation.yml +++ b/.github/workflows/documentation.yml @@ -48,12 +48,7 @@ jobs: - name: Run Sphinx run: > - sphinx-build - -M html . HARK-docs - -T - -c docs - -W - -j 1 + sphinx-build -M html . HARK-docs -T -c docs -W -j 1 - name: Set up git for deployment run: | @@ -69,12 +64,13 @@ jobs: - name: Deploy to GitHub Pages # Only deploy to Pages on pushes to HEAD - if: (github.repository_owner == 'Econ-ARK') && (github.event_name == 'push') && (github.ref_name == 'master') + if: + (github.repository_owner == 'Econ-ARK') && (github.event_name == + 'push') && (github.ref_name == 'master') run: > - git push - --force - https://x-access-token:${{ github.token }}@github.com/${{ github.repository }} - `git subtree split --prefix HARK-docs/html gh-pages`:refs/heads/gh-pages + git push --force https://x-access-token:${{ github.token + }}@github.com/${{ github.repository }} `git subtree split --prefix + HARK-docs/html gh-pages`:refs/heads/gh-pages lint: runs-on: ubuntu-latest @@ -91,9 +87,5 @@ jobs: python -m pip install --upgrade sphinx-lint - name: Lint documentation with sphinx-lint run: > - sphinx-lint - --ignore docs/example_notebooks/GenIncProcessModel.py - --enable all - --max-line-length 85 - README.md - docs/ + sphinx-lint --ignore docs/example_notebooks/GenIncProcessModel.py + --enable all --max-line-length 85 README.md docs/ diff --git a/.github/workflows/execute-notebooks.yml b/.github/workflows/execute-notebooks.yml index d9ddf59ab..140b2c881 100644 --- a/.github/workflows/execute-notebooks.yml +++ b/.github/workflows/execute-notebooks.yml @@ -67,7 +67,8 @@ jobs: title: "[bot] Execute example notebooks" # language=Markdown body: > - This PR was [automatically generated] to re-execute - the example notebooks for use in the documentation. + This PR was [automatically generated] to re-execute the example + notebooks for use in the documentation. - [automatically generated]: https://github.com/Econ-ARK/HARK/actions/workflows/execute-notebooks.yml + [automatically generated]: + https://github.com/Econ-ARK/HARK/actions/workflows/execute-notebooks.yml diff --git a/.pre-commit-config.yaml b/.pre-commit-config.yaml index 5f1b88c78..88afecc4d 100644 --- a/.pre-commit-config.yaml +++ b/.pre-commit-config.yaml @@ -38,7 +38,7 @@ repos: rev: "v3.3.3" hooks: - id: prettier - types_or: [yaml, markdown, html, css, scss, javascript, json] + types_or: [yaml, html, css, scss, javascript, json] args: [--prose-wrap=always] - repo: https://github.com/astral-sh/ruff-pre-commit @@ -59,23 +59,23 @@ repos: # additional_dependencies: # - pytest - - repo: https://github.com/codespell-project/codespell - rev: "v2.3.0" - hooks: - - id: codespell + # - repo: https://github.com/codespell-project/codespell + # rev: "v2.3.0" + # hooks: + # - id: codespell - - repo: https://github.com/shellcheck-py/shellcheck-py - rev: "v0.10.0.1" - hooks: - - id: shellcheck + # - repo: https://github.com/shellcheck-py/shellcheck-py + # rev: "v0.10.0.1" + # hooks: + # - id: shellcheck - - repo: local - hooks: - - id: disallow-caps - name: Disallow improper capitalization - language: pygrep - entry: PyBind|Numpy|Cmake|CCache|Github|PyTest - exclude: .pre-commit-config.yaml + # - repo: local + # hooks: + # - id: disallow-caps + # name: Disallow improper capitalization + # language: pygrep + # entry: PyBind|Numpy|Cmake|CCache|Github|PyTest + # exclude: .pre-commit-config.yaml - repo: https://github.com/abravalheri/validate-pyproject rev: "v0.19" diff --git a/docs/NARK/Resources/texmf-local/tex/latex/articleNoRefHead.cls b/docs/NARK/Resources/texmf-local/tex/latex/articleNoRefHead.cls index 6c7ed7683..979b08d97 100755 --- a/docs/NARK/Resources/texmf-local/tex/latex/articleNoRefHead.cls +++ b/docs/NARK/Resources/texmf-local/tex/latex/articleNoRefHead.cls @@ -1 +1 @@ -%% %% This is file `article.cls', %% generated with the docstrip utility. %% %% The original source files were: %% %% classes.dtx (with options: `article') %% %% This is a generated file. %% %% Copyright 1993 1994 1995 1996 1997 1998 1999 %% The LaTeX3 Project and any individual authors listed elsewhere %% in this file. %% %% This file is part of the LaTeX base system. %% ------------------------------------------- %% %% It may be distributed and/or modified under the %% conditions of the LaTeX Project Public License, either version 1.1 %% of this license or (at your option) any later version. %% The latest version of this license is in %% http://www.latex-project.org/lppl.txt %% and version 1.1 or later is part of all distributions of LaTeX %% version 1999/06/01 or later. %% %% The list of all files belonging to the LaTeX base distribution is %% given in the file `manifest.txt'. See also `legal.txt' for additional %% information. %% %% \CharacterTable %% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z %% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z %% Digits \0\1\2\3\4\5\6\7\8\9 %% Exclamation \! Double quote \" Hash (number) \# %% Dollar \$ Percent \% Ampersand \& %% Acute accent \' Left paren \( Right paren \) %% Asterisk \* Plus \+ Comma \, %% Minus \- Point \. Solidus \/ %% Colon \: Semicolon \; Less than \< %% Equals \= Greater than \> Question mark \? %% Commercial at \@ Left bracket \[ Backslash \\ %% Right bracket \] Circumflex \^ Underscore \_ %% Grave accent \` Left brace \{ Vertical bar \| %% Right brace \} Tilde \~} \NeedsTeXFormat{LaTeX2e}[1995/12/01] \ProvidesClass{articleNoRefHead} [1999/01/07 v1.4a Standard LaTeX document class] \newcommand\@ptsize{} \newif\if@restonecol \newif\if@titlepage \@titlepagefalse \if@compatibility\else \DeclareOption{a4paper} {\setlength\paperheight {297mm}% \setlength\paperwidth {210mm}} \DeclareOption{a5paper} {\setlength\paperheight {210mm}% \setlength\paperwidth {148mm}} \DeclareOption{b5paper} {\setlength\paperheight {250mm}% \setlength\paperwidth {176mm}} \DeclareOption{letterpaper} {\setlength\paperheight {11in}% \setlength\paperwidth {8.5in}} \DeclareOption{legalpaper} {\setlength\paperheight {14in}% \setlength\paperwidth {8.5in}} \DeclareOption{executivepaper} {\setlength\paperheight {10.5in}% \setlength\paperwidth {7.25in}} \DeclareOption{landscape} {\setlength\@tempdima {\paperheight}% \setlength\paperheight {\paperwidth}% \setlength\paperwidth {\@tempdima}} \fi \if@compatibility \renewcommand\@ptsize{0} \else \DeclareOption{10pt}{\renewcommand\@ptsize{0}} \fi \DeclareOption{11pt}{\renewcommand\@ptsize{1}} \DeclareOption{12pt}{\renewcommand\@ptsize{2}} \if@compatibility\else \DeclareOption{oneside}{\@twosidefalse \@mparswitchfalse} \fi \DeclareOption{twoside}{\@twosidetrue \@mparswitchtrue} \DeclareOption{draft}{\setlength\overfullrule{5pt}} \if@compatibility\else \DeclareOption{final}{\setlength\overfullrule{0pt}} \fi \DeclareOption{titlepage}{\@titlepagetrue} \if@compatibility\else \DeclareOption{notitlepage}{\@titlepagefalse} \fi \if@compatibility\else \DeclareOption{onecolumn}{\@twocolumnfalse} \fi \DeclareOption{twocolumn}{\@twocolumntrue} \DeclareOption{leqno}{\input{leqno.clo}} \DeclareOption{fleqn}{\input{fleqn.clo}} \DeclareOption{openbib}{% \AtEndOfPackage{% \renewcommand\@openbib@code{% \advance\leftmargin\bibindent \itemindent -\bibindent \listparindent \itemindent \parsep \z@ }% \renewcommand\newblock{\par}}% } \ExecuteOptions{letterpaper,10pt,oneside,onecolumn,final} \ProcessOptions \input{size1\@ptsize.clo} \setlength\lineskip{1\p@} \setlength\normallineskip{1\p@} \renewcommand\baselinestretch{} \setlength\parskip{0\p@ \@plus \p@} \@lowpenalty 51 \@medpenalty 151 \@highpenalty 301 \setcounter{topnumber}{2} \renewcommand\topfraction{.7} \setcounter{bottomnumber}{1} \renewcommand\bottomfraction{.3} \setcounter{totalnumber}{3} \renewcommand\textfraction{.2} \renewcommand\floatpagefraction{.5} \setcounter{dbltopnumber}{2} \renewcommand\dbltopfraction{.7} \renewcommand\dblfloatpagefraction{.5} \if@twoside \def\ps@headings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markboth {\MakeUppercase{% \ifnum \c@secnumdepth >\z@ \thesection\quad \fi ##1}}{}}% \def\subsectionmark##1{% \markright {% \ifnum \c@secnumdepth >\@ne \thesubsection\quad \fi ##1}}} \else \def\ps@headings{% \let\@oddfoot\@empty \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markright {\MakeUppercase{% \ifnum \c@secnumdepth >\m@ne \thesection\quad \fi ##1}}}} \fi \def\ps@myheadings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\@gobbletwo \let\sectionmark\@gobble \let\subsectionmark\@gobble } \if@titlepage \newcommand\maketitle{\begin{titlepage}% \let\footnotesize\small \let\footnoterule\relax \let \footnote \thanks \null\vfil \vskip 60\p@ \begin{center}% {\LARGE \@title \par}% \vskip 3em% {\large \lineskip .75em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1.5em% {\large \@date \par}% % Set date in \large size. \end{center}\par \@thanks \vfil\null \end{titlepage}% \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \else \newcommand\maketitle{\par \begingroup \renewcommand\thefootnote{\@fnsymbol\c@footnote}% \def\@makefnmark{\rlap{\@textsuperscript{\normalfont\@thefnmark}}}% \long\def\@makefntext##1{\parindent 1em\noindent \hb@xt@1.8em{% \hss\@textsuperscript{\normalfont\@thefnmark}}##1}% \if@twocolumn \ifnum \col@number=\@ne \@maketitle \else \twocolumn[\@maketitle]% \fi \else \newpage \global\@topnum\z@ % Prevents figures from going at top of page. \@maketitle \fi \thispagestyle{plain}\@thanks \endgroup \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \def\@maketitle{% \newpage \null \vskip 2em% \begin{center}% \let \footnote \thanks {\LARGE \@title \par}% \vskip 1.5em% {\large \lineskip .5em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1em% {\large \@date}% \end{center}% \par \vskip 1.5em} \fi \setcounter{secnumdepth}{3} \newcounter {part} \newcounter {section} \newcounter {subsection}[section] \newcounter {subsubsection}[subsection] \newcounter {paragraph}[subsubsection] \newcounter {subparagraph}[paragraph] \renewcommand \thepart {\@Roman\c@part} \renewcommand \thesection {}%\@arabic\c@section} \renewcommand\thesubsection {\thesection.\@arabic\c@subsection} \renewcommand\thesubsubsection{\thesubsection .\@arabic\c@subsubsection} \renewcommand\theparagraph {\thesubsubsection.\@arabic\c@paragraph} \renewcommand\thesubparagraph {\theparagraph.\@arabic\c@subparagraph} \newcommand\part{% \if@noskipsec \leavevmode \fi \par \addvspace{4ex}% \@afterindentfalse \secdef\@part\@spart} \def\@part[#1]#2{% \ifnum \c@secnumdepth >\m@ne \refstepcounter{part}% \addcontentsline{toc}{part}{\thepart\hspace{1em}#1}% \else \addcontentsline{toc}{part}{#1}% \fi {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \ifnum \c@secnumdepth >\m@ne \Large\bfseries \partname~\thepart \par\nobreak \fi \huge \bfseries #2% \markboth{}{}\par}% \nobreak \vskip 3ex \@afterheading} \def\@spart#1{% {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \huge \bfseries #1\par}% \nobreak \vskip 3ex \@afterheading} \newcommand\section{\@startsection{section}{1}{ \z@} % {-3.5ex \@plus -1ex \@minus -.2ex}% {2.3ex \@plus.2ex}% {\normalfont\Large\bfseries}} \newcommand\subsection{\@startsection{subsection}{2}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\large\bfseries}} \newcommand\subsubsection{\@startsection{subsubsection}{3}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\normalsize\bfseries}} \newcommand\paragraph{\@startsection{paragraph}{4}{\z@}% {3.25ex \@plus1ex \@minus.2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \newcommand\subparagraph{\@startsection{subparagraph}{5}{\parindent}% {3.25ex \@plus1ex \@minus .2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \if@twocolumn \setlength\leftmargini {2em} \else \setlength\leftmargini {2.5em} \fi \leftmargin \leftmargini \setlength\leftmarginii {2.2em} \setlength\leftmarginiii {1.87em} \setlength\leftmarginiv {1.7em} \if@twocolumn \setlength\leftmarginv {.5em} \setlength\leftmarginvi {.5em} \else \setlength\leftmarginv {1em} \setlength\leftmarginvi {1em} \fi \setlength \labelsep {.5em} \setlength \labelwidth{\leftmargini} \addtolength\labelwidth{-\labelsep} \@beginparpenalty -\@lowpenalty \@endparpenalty -\@lowpenalty \@itempenalty -\@lowpenalty \renewcommand\theenumi{\@arabic\c@enumi} \renewcommand\theenumii{\@alph\c@enumii} \renewcommand\theenumiii{\@roman\c@enumiii} \renewcommand\theenumiv{\@Alph\c@enumiv} \newcommand\labelenumi{\theenumi.} \newcommand\labelenumii{(\theenumii)} \newcommand\labelenumiii{\theenumiii.} \newcommand\labelenumiv{\theenumiv.} \renewcommand\p@enumii{\theenumi} \renewcommand\p@enumiii{\theenumi(\theenumii)} \renewcommand\p@enumiv{\p@enumiii\theenumiii} \newcommand\labelitemi{\textbullet} \newcommand\labelitemii{\normalfont\bfseries \textendash} \newcommand\labelitemiii{\textasteriskcentered} \newcommand\labelitemiv{\textperiodcentered} \newenvironment{description} {\list{}{\labelwidth\z@ \itemindent-\leftmargin \let\makelabel\descriptionlabel}} {\endlist} \newcommand*\descriptionlabel[1]{\hspace\labelsep \normalfont\bfseries #1} \if@titlepage \newenvironment{abstract}{% \titlepage \null\vfil \@beginparpenalty\@lowpenalty \begin{center}% \bfseries \abstractname \@endparpenalty\@M \end{center}}% {\par\vfil\null\endtitlepage} \else \newenvironment{abstract}{% \if@twocolumn \section*{\abstractname}% \else \small \begin{center}% {\bfseries \abstractname\vspace{-.5em}\vspace{\z@}}% \end{center}% \quotation \fi} {\if@twocolumn\else\endquotation\fi} \fi \newenvironment{verse} {\let\\\@centercr \list{}{\itemsep \z@ \itemindent -1.5em% \listparindent\itemindent \rightmargin \leftmargin \advance\leftmargin 1.5em}% \item\relax} {\endlist} \newenvironment{quotation} {\list{}{\listparindent 1.5em% \itemindent \listparindent \rightmargin \leftmargin \parsep \z@ \@plus\p@}% \item\relax} {\endlist} \newenvironment{quote} {\list{}{\rightmargin\leftmargin}% \item\relax} {\endlist} \if@compatibility \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\z@ }% {\if@restonecol\twocolumn \else \newpage \fi } \else \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\@ne }% {\if@restonecol\twocolumn \else \newpage \fi \if@twoside\else \setcounter{page}\@ne \fi } \fi \newcommand\appendix{\par \setcounter{section}{0}% \setcounter{subsection}{0}% \gdef\thesection{\@Alph\c@section}} \setlength\arraycolsep{5\p@} \setlength\tabcolsep{6\p@} \setlength\arrayrulewidth{.4\p@} \setlength\doublerulesep{2\p@} \setlength\tabbingsep{\labelsep} \skip\@mpfootins = \skip\footins \setlength\fboxsep{3\p@} \setlength\fboxrule{.4\p@} \renewcommand \theequation {\@arabic\c@equation} \newcounter{figure} \renewcommand \thefigure {\@arabic\c@figure} \def\fps@figure{tbp} \def\ftype@figure{1} \def\ext@figure{lof} \def\fnum@figure{\figurename~\thefigure} \newenvironment{figure} {\@float{figure}} {\end@float} \newenvironment{figure*} {\@dblfloat{figure}} {\end@dblfloat} \newcounter{table} \renewcommand\thetable{\@arabic\c@table} \def\fps@table{tbp} \def\ftype@table{2} \def\ext@table{lot} \def\fnum@table{\tablename~\thetable} \newenvironment{table} {\@float{table}} {\end@float} \newenvironment{table*} {\@dblfloat{table}} {\end@dblfloat} \newlength\abovecaptionskip \newlength\belowcaptionskip \setlength\abovecaptionskip{10\p@} \setlength\belowcaptionskip{0\p@} \long\def\@makecaption#1#2{% \vskip\abovecaptionskip \sbox\@tempboxa{#1: #2}% \ifdim \wd\@tempboxa >\hsize #1: #2\par \else \global \@minipagefalse \hb@xt@\hsize{\hfil\box\@tempboxa\hfil}% \fi \vskip\belowcaptionskip} \DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} \DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} \DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} \DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} \DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} \DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} \DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} \DeclareRobustCommand*\cal{\@fontswitch\relax\mathcal} \DeclareRobustCommand*\mit{\@fontswitch\relax\mathnormal} \newcommand\@pnumwidth{1.55em} \newcommand\@tocrmarg{2.55em} \newcommand\@dotsep{4.5} \setcounter{tocdepth}{3} \newcommand\tableofcontents{% \section*{\contentsname \@mkboth{% \MakeUppercase\contentsname}{\MakeUppercase\contentsname}}% \@starttoc{toc}% } \newcommand*\l@part[2]{% \ifnum \c@tocdepth >-2\relax \addpenalty\@secpenalty \addvspace{2.25em \@plus\p@}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth {\leavevmode \large \bfseries #1\hfil \hb@xt@\@pnumwidth{\hss #2}}\par \nobreak \if@compatibility \global\@nobreaktrue \everypar{\global\@nobreakfalse\everypar{}}% \fi \endgroup \fi} \newcommand*\l@section[2]{% \ifnum \c@tocdepth >\z@ \addpenalty\@secpenalty \addvspace{1.0em \@plus\p@}% \setlength\@tempdima{1.5em}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth \leavevmode \bfseries \advance\leftskip\@tempdima \hskip -\leftskip #1\nobreak\hfil \nobreak\hb@xt@\@pnumwidth{\hss #2}\par \endgroup \fi} \newcommand*\l@subsection{\@dottedtocline{2}{1.5em}{2.3em}} \newcommand*\l@subsubsection{\@dottedtocline{3}{3.8em}{3.2em}} \newcommand*\l@paragraph{\@dottedtocline{4}{7.0em}{4.1em}} \newcommand*\l@subparagraph{\@dottedtocline{5}{10em}{5em}} \newcommand\listoffigures{% \section*{\listfigurename \@mkboth{\MakeUppercase\listfigurename}% {\MakeUppercase\listfigurename}}% \@starttoc{lof}% } \newcommand*\l@figure{\@dottedtocline{1}{1.5em}{2.3em}} \newcommand\listoftables{% \section*{\listtablename \@mkboth{% \MakeUppercase\listtablename}{\MakeUppercase\listtablename}}% \@starttoc{lot}% } \let\l@table\l@figure \newdimen\bibindent \setlength\bibindent{1.5em} \newenvironment{thebibliography}[1] { \section{\refname} % \@mkboth{\MakeUppercase\refname}{\MakeUppercase\refname}}% \list{}%\@biblabel{\@arabic\c@enumiv} {\settowidth\labelwidth{\@biblabel{#1}}% \leftmargin\labelwidth \advance\leftmargin\labelsep \@openbib@code \usecounter{enumiv}% \let\p@enumiv\@empty \renewcommand\theenumiv{}}%\@arabic\c@enumiv \sloppy \clubpenalty4000 \@clubpenalty \clubpenalty \widowpenalty4000% \sfcode`\.\@m} {\def\@noitemerr {\@latex@warning{Empty `thebibliography' environment}}% \endlist} \newcommand\newblock{\hskip .11em\@plus.33em\@minus.07em} \let\@openbib@code\@empty \newenvironment{theindex} {\if@twocolumn \@restonecolfalse \else \@restonecoltrue \fi \columnseprule \z@ \columnsep 35\p@ \twocolumn[\section*{\indexname}]% \@mkboth{\MakeUppercase\indexname}% {\MakeUppercase\indexname}% \thispagestyle{plain}\parindent\z@ \parskip\z@ \@plus .3\p@\relax \let\item\@idxitem} {\if@restonecol\onecolumn\else\clearpage\fi} \newcommand\@idxitem{\par\hangindent 40\p@} \newcommand\subitem{\@idxitem \hspace*{20\p@}} \newcommand\subsubitem{\@idxitem \hspace*{30\p@}} \newcommand\indexspace{\par \vskip 10\p@ \@plus5\p@ \@minus3\p@\relax} \renewcommand\footnoterule{% \kern-3\p@ \hrule\@width.4\columnwidth \kern2.6\p@} \newcommand\@makefntext[1]{% \parindent 1em% \noindent \hb@xt@1.8em{\hss\@makefnmark}#1} \newcommand\contentsname{Contents} \newcommand\listfigurename{List of Figures} \newcommand\listtablename{List of Tables} \newcommand\refname{} \newcommand\indexname{Index} \newcommand\figurename{Figure} \newcommand\tablename{Table} \newcommand\partname{Part} \newcommand\appendixname{Appendix} \newcommand\abstractname{Abstract} \def\today{\ifcase\month\or January\or February\or March\or April\or May\or June\or July\or August\or September\or October\or November\or December\fi \space\number\day, \number\year} \setlength\columnsep{10\p@} \setlength\columnseprule{0\p@} \pagestyle{plain} \pagenumbering{arabic} \if@twoside \else \raggedbottom \fi \if@twocolumn \twocolumn \sloppy \flushbottom \else \onecolumn \fi \endinput %% %% End of file `article.cls'. +%% %% This is file `article.cls', %% generated with the docstrip utility. %% %% The original source files were: %% %% classes.dtx (with options: `article') %% %% This is a generated file. %% %% Copyright 1993 1994 1995 1996 1997 1998 1999 %% The LaTeX3 Project and any individual authors listed elsewhere %% in this file. %% %% This file is part of the LaTeX base system. %% ------------------------------------------- %% %% It may be distributed and/or modified under the %% conditions of the LaTeX Project Public License, either version 1.1 %% of this license or (at your option) any later version. %% The latest version of this license is in %% http://www.latex-project.org/lppl.txt %% and version 1.1 or later is part of all distributions of LaTeX %% version 1999/06/01 or later. %% %% The list of all files belonging to the LaTeX base distribution is %% given in the file `manifest.txt'. See also `legal.txt' for additional %% information. %% %% \CharacterTable %% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z %% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z %% Digits \0\1\2\3\4\5\6\7\8\9 %% Exclamation \! Double quote \" Hash (number) \# %% Dollar \$ Percent \% Ampersand \& %% Acute accent \' Left paren \( Right paren \) %% Asterisk \* Plus \+ Comma \, %% Minus \- Point \. Solidus \/ %% Colon \: Semicolon \; Less than \< %% Equals \= Greater than \> Question mark \? %% Commercial at \@ Left bracket \[ Backslash \\ %% Right bracket \] Circumflex \^ Underscore \_ %% Grave accent \` Left brace \{ Vertical bar \| %% Right brace \} Tilde \~} \NeedsTeXFormat{LaTeX2e}[1995/12/01] \ProvidesClass{articleNoRefHead} [1999/01/07 v1.4a Standard LaTeX document class] \newcommand\@ptsize{} \newif\if@restonecol \newif\if@titlepage \@titlepagefalse \if@compatibility\else \DeclareOption{a4paper} {\setlength\paperheight {297mm}% \setlength\paperwidth {210mm}} \DeclareOption{a5paper} {\setlength\paperheight {210mm}% \setlength\paperwidth {148mm}} \DeclareOption{b5paper} {\setlength\paperheight {250mm}% \setlength\paperwidth {176mm}} \DeclareOption{letterpaper} {\setlength\paperheight {11in}% \setlength\paperwidth {8.5in}} \DeclareOption{legalpaper} {\setlength\paperheight {14in}% \setlength\paperwidth {8.5in}} \DeclareOption{executivepaper} {\setlength\paperheight {10.5in}% \setlength\paperwidth {7.25in}} \DeclareOption{landscape} {\setlength\@tempdima {\paperheight}% \setlength\paperheight {\paperwidth}% \setlength\paperwidth {\@tempdima}} \fi \if@compatibility \renewcommand\@ptsize{0} \else \DeclareOption{10pt}{\renewcommand\@ptsize{0}} \fi \DeclareOption{11pt}{\renewcommand\@ptsize{1}} \DeclareOption{12pt}{\renewcommand\@ptsize{2}} \if@compatibility\else \DeclareOption{oneside}{\@twosidefalse \@mparswitchfalse} \fi \DeclareOption{twoside}{\@twosidetrue \@mparswitchtrue} \DeclareOption{draft}{\setlength\overfullrule{5pt}} \if@compatibility\else \DeclareOption{final}{\setlength\overfullrule{0pt}} \fi \DeclareOption{titlepage}{\@titlepagetrue} \if@compatibility\else \DeclareOption{notitlepage}{\@titlepagefalse} \fi \if@compatibility\else \DeclareOption{onecolumn}{\@twocolumnfalse} \fi \DeclareOption{twocolumn}{\@twocolumntrue} \DeclareOption{leqno}{\input{leqno.clo}} \DeclareOption{fleqn}{\input{fleqn.clo}} \DeclareOption{openbib}{% \AtEndOfPackage{% \renewcommand\@openbib@code{% \advance\leftmargin\bibindent \itemindent -\bibindent \listparindent \itemindent \parsep \z@ }% \renewcommand\newblock{\par}}% } \ExecuteOptions{letterpaper,10pt,oneside,onecolumn,final} \ProcessOptions \input{size1\@ptsize.clo} \setlength\lineskip{1\p@} \setlength\normallineskip{1\p@} \renewcommand\baselinestretch{} \setlength\parskip{0\p@ \@plus \p@} \@lowpenalty 51 \@medpenalty 151 \@highpenalty 301 \setcounter{topnumber}{2} \renewcommand\topfraction{.7} \setcounter{bottomnumber}{1} \renewcommand\bottomfraction{.3} \setcounter{totalnumber}{3} \renewcommand\textfraction{.2} \renewcommand\floatpagefraction{.5} \setcounter{dbltopnumber}{2} \renewcommand\dbltopfraction{.7} \renewcommand\dblfloatpagefraction{.5} \if@twoside \def\ps@headings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markboth {\MakeUppercase{% \ifnum \c@secnumdepth >\z@ \thesection\quad \fi ##1}}{}}% \def\subsectionmark##1{% \markright {% \ifnum \c@secnumdepth >\@ne \thesubsection\quad \fi ##1}}} \else \def\ps@headings{% \let\@oddfoot\@empty \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markright {\MakeUppercase{% \ifnum \c@secnumdepth >\m@ne \thesection\quad \fi ##1}}}} \fi \def\ps@myheadings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\@gobbletwo \let\sectionmark\@gobble \let\subsectionmark\@gobble } \if@titlepage \newcommand\maketitle{\begin{titlepage}% \let\footnotesize\small \let\footnoterule\relax \let \footnote \thanks \null\vfil \vskip 60\p@ \begin{center}% {\LARGE \@title \par}% \vskip 3em% {\large \lineskip .75em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1.5em% {\large \@date \par}% % Set date in \large size. \end{center}\par \@thanks \vfil\null \end{titlepage}% \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \else \newcommand\maketitle{\par \begingroup \renewcommand\thefootnote{\@fnsymbol\c@footnote}% \def\@makefnmark{\rlap{\@textsuperscript{\normalfont\@thefnmark}}}% \long\def\@makefntext##1{\parindent 1em\noindent \hb@xt@1.8em{% \hss\@textsuperscript{\normalfont\@thefnmark}}##1}% \if@twocolumn \ifnum \col@number=\@ne \@maketitle \else \twocolumn[\@maketitle]% \fi \else \newpage \global\@topnum\z@ % Prevents figures from going at top of page. \@maketitle \fi \thispagestyle{plain}\@thanks \endgroup \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \def\@maketitle{% \newpage \null \vskip 2em% \begin{center}% \let \footnote \thanks {\LARGE \@title \par}% \vskip 1.5em% {\large \lineskip .5em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1em% {\large \@date}% \end{center}% \par \vskip 1.5em} \fi \setcounter{secnumdepth}{3} \newcounter {part} \newcounter {section} \newcounter {subsection}[section] \newcounter {subsubsection}[subsection] \newcounter {paragraph}[subsubsection] \newcounter {subparagraph}[paragraph] \renewcommand \thepart {\@Roman\c@part} \renewcommand \thesection {}%\@arabic\c@section} \renewcommand\thesubsection {\thesection.\@arabic\c@subsection} \renewcommand\thesubsubsection{\thesubsection .\@arabic\c@subsubsection} \renewcommand\theparagraph {\thesubsubsection.\@arabic\c@paragraph} \renewcommand\thesubparagraph {\theparagraph.\@arabic\c@subparagraph} \newcommand\part{% \if@noskipsec \leavevmode \fi \par \addvspace{4ex}% \@afterindentfalse \secdef\@part\@spart} \def\@part[#1]#2{% \ifnum \c@secnumdepth >\m@ne \refstepcounter{part}% \addcontentsline{toc}{part}{\thepart\hspace{1em}#1}% \else \addcontentsline{toc}{part}{#1}% \fi {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \ifnum \c@secnumdepth >\m@ne \Large\bfseries \partname~\thepart \par\nobreak \fi \huge \bfseries #2% \markboth{}{}\par}% \nobreak \vskip 3ex \@afterheading} \def\@spart#1{% {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \huge \bfseries #1\par}% \nobreak \vskip 3ex \@afterheading} \newcommand\section{\@startsection{section}{1}{ \z@} % {-3.5ex \@plus -1ex \@minus -.2ex}% {2.3ex \@plus.2ex}% {\normalfont\Large\bfseries}} \newcommand\subsection{\@startsection{subsection}{2}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\large\bfseries}} \newcommand\subsubsection{\@startsection{subsubsection}{3}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\normalsize\bfseries}} \newcommand\paragraph{\@startsection{paragraph}{4}{\z@}% {3.25ex \@plus1ex \@minus.2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \newcommand\subparagraph{\@startsection{subparagraph}{5}{\parindent}% {3.25ex \@plus1ex \@minus .2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \if@twocolumn \setlength\leftmargini {2em} \else \setlength\leftmargini {2.5em} \fi \leftmargin \leftmargini \setlength\leftmarginii {2.2em} \setlength\leftmarginiii {1.87em} \setlength\leftmarginiv {1.7em} \if@twocolumn \setlength\leftmarginv {.5em} \setlength\leftmarginvi {.5em} \else \setlength\leftmarginv {1em} \setlength\leftmarginvi {1em} \fi \setlength \labelsep {.5em} \setlength \labelwidth{\leftmargini} \addtolength\labelwidth{-\labelsep} \@beginparpenalty -\@lowpenalty \@endparpenalty -\@lowpenalty \@itempenalty -\@lowpenalty \renewcommand\theenumi{\@arabic\c@enumi} \renewcommand\theenumii{\@alph\c@enumii} \renewcommand\theenumiii{\@roman\c@enumiii} \renewcommand\theenumiv{\@Alph\c@enumiv} \newcommand\labelenumi{\theenumi.} \newcommand\labelenumii{(\theenumii)} \newcommand\labelenumiii{\theenumiii.} \newcommand\labelenumiv{\theenumiv.} \renewcommand\p@enumii{\theenumi} \renewcommand\p@enumiii{\theenumi(\theenumii)} \renewcommand\p@enumiv{\p@enumiii\theenumiii} \newcommand\labelitemi{\textbullet} \newcommand\labelitemii{\normalfont\bfseries \textendash} \newcommand\labelitemiii{\textasteriskcentered} \newcommand\labelitemiv{\textperiodcentered} \newenvironment{description} {\list{}{\labelwidth\z@ \itemindent-\leftmargin \let\makelabel\descriptionlabel}} {\endlist} \newcommand*\descriptionlabel[1]{\hspace\labelsep \normalfont\bfseries #1} \if@titlepage \newenvironment{abstract}{% \titlepage \null\vfil \@beginparpenalty\@lowpenalty \begin{center}% \bfseries \abstractname \@endparpenalty\@M \end{center}}% {\par\vfil\null\endtitlepage} \else \newenvironment{abstract}{% \if@twocolumn \section*{\abstractname}% \else \small \begin{center}% {\bfseries \abstractname\vspace{-.5em}\vspace{\z@}}% \end{center}% \quotation \fi} {\if@twocolumn\else\endquotation\fi} \fi \newenvironment{verse} {\let\\\@centercr \list{}{\itemsep \z@ \itemindent -1.5em% \listparindent\itemindent \rightmargin \leftmargin \advance\leftmargin 1.5em}% \item\relax} {\endlist} \newenvironment{quotation} {\list{}{\listparindent 1.5em% \itemindent \listparindent \rightmargin \leftmargin \parsep \z@ \@plus\p@}% \item\relax} {\endlist} \newenvironment{quote} {\list{}{\rightmargin\leftmargin}% \item\relax} {\endlist} \if@compatibility \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\z@ }% {\if@restonecol\twocolumn \else \newpage \fi } \else \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\@ne }% {\if@restonecol\twocolumn \else \newpage \fi \if@twoside\else \setcounter{page}\@ne \fi } \fi \newcommand\appendix{\par \setcounter{section}{0}% \setcounter{subsection}{0}% \gdef\thesection{\@Alph\c@section}} \setlength\arraycolsep{5\p@} \setlength\tabcolsep{6\p@} \setlength\arrayrulewidth{.4\p@} \setlength\doublerulesep{2\p@} \setlength\tabbingsep{\labelsep} \skip\@mpfootins = \skip\footins \setlength\fboxsep{3\p@} \setlength\fboxrule{.4\p@} \renewcommand \theequation {\@arabic\c@equation} \newcounter{figure} \renewcommand \thefigure {\@arabic\c@figure} \def\fps@figure{tbp} \def\ftype@figure{1} \def\ext@figure{lof} \def\fnum@figure{\figurename~\thefigure} \newenvironment{figure} {\@float{figure}} {\end@float} \newenvironment{figure*} {\@dblfloat{figure}} {\end@dblfloat} \newcounter{table} \renewcommand\thetable{\@arabic\c@table} \def\fps@table{tbp} \def\ftype@table{2} \def\ext@table{lot} \def\fnum@table{\tablename~\thetable} \newenvironment{table} {\@float{table}} {\end@float} \newenvironment{table*} {\@dblfloat{table}} {\end@dblfloat} \newlength\abovecaptionskip \newlength\belowcaptionskip \setlength\abovecaptionskip{10\p@} \setlength\belowcaptionskip{0\p@} \long\def\@makecaption#1#2{% \vskip\abovecaptionskip \sbox\@tempboxa{#1: #2}% \ifdim \wd\@tempboxa >\hsize #1: #2\par \else \global \@minipagefalse \hb@xt@\hsize{\hfil\box\@tempboxa\hfil}% \fi \vskip\belowcaptionskip} \DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} \DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} \DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} \DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} \DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} \DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} \DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} \DeclareRobustCommand*\cal{\@fontswitch\relax\mathcal} \DeclareRobustCommand*\mit{\@fontswitch\relax\mathnormal} \newcommand\@pnumwidth{1.55em} \newcommand\@tocrmarg{2.55em} \newcommand\@dotsep{4.5} \setcounter{tocdepth}{3} \newcommand\tableofcontents{% \section*{\contentsname \@mkboth{% \MakeUppercase\contentsname}{\MakeUppercase\contentsname}}% \@starttoc{toc}% } \newcommand*\l@part[2]{% \ifnum \c@tocdepth >-2\relax \addpenalty\@secpenalty \addvspace{2.25em \@plus\p@}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth {\leavevmode \large \bfseries #1\hfil \hb@xt@\@pnumwidth{\hss #2}}\par \nobreak \if@compatibility \global\@nobreaktrue \everypar{\global\@nobreakfalse\everypar{}}% \fi \endgroup \fi} \newcommand*\l@section[2]{% \ifnum \c@tocdepth >\z@ \addpenalty\@secpenalty \addvspace{1.0em \@plus\p@}% \setlength\@tempdima{1.5em}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth \leavevmode \bfseries \advance\leftskip\@tempdima \hskip -\leftskip #1\nobreak\hfil \nobreak\hb@xt@\@pnumwidth{\hss #2}\par \endgroup \fi} \newcommand*\l@subsection{\@dottedtocline{2}{1.5em}{2.3em}} \newcommand*\l@subsubsection{\@dottedtocline{3}{3.8em}{3.2em}} \newcommand*\l@paragraph{\@dottedtocline{4}{7.0em}{4.1em}} \newcommand*\l@subparagraph{\@dottedtocline{5}{10em}{5em}} \newcommand\listoffigures{% \section*{\listfigurename \@mkboth{\MakeUppercase\listfigurename}% {\MakeUppercase\listfigurename}}% \@starttoc{lof}% } \newcommand*\l@figure{\@dottedtocline{1}{1.5em}{2.3em}} \newcommand\listoftables{% \section*{\listtablename \@mkboth{% \MakeUppercase\listtablename}{\MakeUppercase\listtablename}}% \@starttoc{lot}% } \let\l@table\l@figure \newdimen\bibindent \setlength\bibindent{1.5em} \newenvironment{thebibliography}[1] { \section{\refname} % \@mkboth{\MakeUppercase\refname}{\MakeUppercase\refname}}% \list{}%\@biblabel{\@arabic\c@enumiv} {\settowidth\labelwidth{\@biblabel{#1}}% \leftmargin\labelwidth \advance\leftmargin\labelsep \@openbib@code \usecounter{enumiv}% \let\p@enumiv\@empty \renewcommand\theenumiv{}}%\@arabic\c@enumiv \sloppy \clubpenalty4000 \@clubpenalty \clubpenalty \widowpenalty4000% \sfcode`\.\@m} {\def\@noitemerr {\@latex@warning{Empty `thebibliography' environment}}% \endlist} \newcommand\newblock{\hskip .11em\@plus.33em\@minus.07em} \let\@openbib@code\@empty \newenvironment{theindex} {\if@twocolumn \@restonecolfalse \else \@restonecoltrue \fi \columnseprule \z@ \columnsep 35\p@ \twocolumn[\section*{\indexname}]% \@mkboth{\MakeUppercase\indexname}% {\MakeUppercase\indexname}% \thispagestyle{plain}\parindent\z@ \parskip\z@ \@plus .3\p@\relax \let\item\@idxitem} {\if@restonecol\onecolumn\else\clearpage\fi} \newcommand\@idxitem{\par\hangindent 40\p@} \newcommand\subitem{\@idxitem \hspace*{20\p@}} \newcommand\subsubitem{\@idxitem \hspace*{30\p@}} \newcommand\indexspace{\par \vskip 10\p@ \@plus5\p@ \@minus3\p@\relax} \renewcommand\footnoterule{% \kern-3\p@ \hrule\@width.4\columnwidth \kern2.6\p@} \newcommand\@makefntext[1]{% \parindent 1em% \noindent \hb@xt@1.8em{\hss\@makefnmark}#1} \newcommand\contentsname{Contents} \newcommand\listfigurename{List of Figures} \newcommand\listtablename{List of Tables} \newcommand\refname{} \newcommand\indexname{Index} \newcommand\figurename{Figure} \newcommand\tablename{Table} \newcommand\partname{Part} \newcommand\appendixname{Appendix} \newcommand\abstractname{Abstract} \def\today{\ifcase\month\or January\or February\or March\or April\or May\or June\or July\or August\or September\or October\or November\or December\fi \space\number\day, \number\year} \setlength\columnsep{10\p@} \setlength\columnseprule{0\p@} \pagestyle{plain} \pagenumbering{arabic} \if@twoside \else \raggedbottom \fi \if@twocolumn \twocolumn \sloppy \flushbottom \else \onecolumn \fi \endinput %% %% End of file `article.cls'. \ No newline at end of file diff --git a/docs/NARK/Resources/texmf-local/tex/latex/printvrb.sty b/docs/NARK/Resources/texmf-local/tex/latex/printvrb.sty index b8757b3d4..b3a1d65d7 100755 --- a/docs/NARK/Resources/texmf-local/tex/latex/printvrb.sty +++ b/docs/NARK/Resources/texmf-local/tex/latex/printvrb.sty @@ -109,4 +109,4 @@ no fragment {\tt ==> #1 <==} maybe run LaTeX on source file again?)\vskip12pt\el \ifnamesinmargin \vskip1sp\noindent\llap{\vtop to 0pt{\hbox{\tt #1\hskip4pt==>\ }\vss}}\fi% \csname #1\endcsname\fi -} +} diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/articleNoRefHead.cls b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/articleNoRefHead.cls index 6c7ed7683..979b08d97 100755 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/articleNoRefHead.cls +++ b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/articleNoRefHead.cls @@ -1 +1 @@ -%% %% This is file `article.cls', %% generated with the docstrip utility. %% %% The original source files were: %% %% classes.dtx (with options: `article') %% %% This is a generated file. %% %% Copyright 1993 1994 1995 1996 1997 1998 1999 %% The LaTeX3 Project and any individual authors listed elsewhere %% in this file. %% %% This file is part of the LaTeX base system. %% ------------------------------------------- %% %% It may be distributed and/or modified under the %% conditions of the LaTeX Project Public License, either version 1.1 %% of this license or (at your option) any later version. %% The latest version of this license is in %% http://www.latex-project.org/lppl.txt %% and version 1.1 or later is part of all distributions of LaTeX %% version 1999/06/01 or later. %% %% The list of all files belonging to the LaTeX base distribution is %% given in the file `manifest.txt'. See also `legal.txt' for additional %% information. %% %% \CharacterTable %% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z %% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z %% Digits \0\1\2\3\4\5\6\7\8\9 %% Exclamation \! Double quote \" Hash (number) \# %% Dollar \$ Percent \% Ampersand \& %% Acute accent \' Left paren \( Right paren \) %% Asterisk \* Plus \+ Comma \, %% Minus \- Point \. Solidus \/ %% Colon \: Semicolon \; Less than \< %% Equals \= Greater than \> Question mark \? %% Commercial at \@ Left bracket \[ Backslash \\ %% Right bracket \] Circumflex \^ Underscore \_ %% Grave accent \` Left brace \{ Vertical bar \| %% Right brace \} Tilde \~} \NeedsTeXFormat{LaTeX2e}[1995/12/01] \ProvidesClass{articleNoRefHead} [1999/01/07 v1.4a Standard LaTeX document class] \newcommand\@ptsize{} \newif\if@restonecol \newif\if@titlepage \@titlepagefalse \if@compatibility\else \DeclareOption{a4paper} {\setlength\paperheight {297mm}% \setlength\paperwidth {210mm}} \DeclareOption{a5paper} {\setlength\paperheight {210mm}% \setlength\paperwidth {148mm}} \DeclareOption{b5paper} {\setlength\paperheight {250mm}% \setlength\paperwidth {176mm}} \DeclareOption{letterpaper} {\setlength\paperheight {11in}% \setlength\paperwidth {8.5in}} \DeclareOption{legalpaper} {\setlength\paperheight {14in}% \setlength\paperwidth {8.5in}} \DeclareOption{executivepaper} {\setlength\paperheight {10.5in}% \setlength\paperwidth {7.25in}} \DeclareOption{landscape} {\setlength\@tempdima {\paperheight}% \setlength\paperheight {\paperwidth}% \setlength\paperwidth {\@tempdima}} \fi \if@compatibility \renewcommand\@ptsize{0} \else \DeclareOption{10pt}{\renewcommand\@ptsize{0}} \fi \DeclareOption{11pt}{\renewcommand\@ptsize{1}} \DeclareOption{12pt}{\renewcommand\@ptsize{2}} \if@compatibility\else \DeclareOption{oneside}{\@twosidefalse \@mparswitchfalse} \fi \DeclareOption{twoside}{\@twosidetrue \@mparswitchtrue} \DeclareOption{draft}{\setlength\overfullrule{5pt}} \if@compatibility\else \DeclareOption{final}{\setlength\overfullrule{0pt}} \fi \DeclareOption{titlepage}{\@titlepagetrue} \if@compatibility\else \DeclareOption{notitlepage}{\@titlepagefalse} \fi \if@compatibility\else \DeclareOption{onecolumn}{\@twocolumnfalse} \fi \DeclareOption{twocolumn}{\@twocolumntrue} \DeclareOption{leqno}{\input{leqno.clo}} \DeclareOption{fleqn}{\input{fleqn.clo}} \DeclareOption{openbib}{% \AtEndOfPackage{% \renewcommand\@openbib@code{% \advance\leftmargin\bibindent \itemindent -\bibindent \listparindent \itemindent \parsep \z@ }% \renewcommand\newblock{\par}}% } \ExecuteOptions{letterpaper,10pt,oneside,onecolumn,final} \ProcessOptions \input{size1\@ptsize.clo} \setlength\lineskip{1\p@} \setlength\normallineskip{1\p@} \renewcommand\baselinestretch{} \setlength\parskip{0\p@ \@plus \p@} \@lowpenalty 51 \@medpenalty 151 \@highpenalty 301 \setcounter{topnumber}{2} \renewcommand\topfraction{.7} \setcounter{bottomnumber}{1} \renewcommand\bottomfraction{.3} \setcounter{totalnumber}{3} \renewcommand\textfraction{.2} \renewcommand\floatpagefraction{.5} \setcounter{dbltopnumber}{2} \renewcommand\dbltopfraction{.7} \renewcommand\dblfloatpagefraction{.5} \if@twoside \def\ps@headings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markboth {\MakeUppercase{% \ifnum \c@secnumdepth >\z@ \thesection\quad \fi ##1}}{}}% \def\subsectionmark##1{% \markright {% \ifnum \c@secnumdepth >\@ne \thesubsection\quad \fi ##1}}} \else \def\ps@headings{% \let\@oddfoot\@empty \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markright {\MakeUppercase{% \ifnum \c@secnumdepth >\m@ne \thesection\quad \fi ##1}}}} \fi \def\ps@myheadings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\@gobbletwo \let\sectionmark\@gobble \let\subsectionmark\@gobble } \if@titlepage \newcommand\maketitle{\begin{titlepage}% \let\footnotesize\small \let\footnoterule\relax \let \footnote \thanks \null\vfil \vskip 60\p@ \begin{center}% {\LARGE \@title \par}% \vskip 3em% {\large \lineskip .75em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1.5em% {\large \@date \par}% % Set date in \large size. \end{center}\par \@thanks \vfil\null \end{titlepage}% \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \else \newcommand\maketitle{\par \begingroup \renewcommand\thefootnote{\@fnsymbol\c@footnote}% \def\@makefnmark{\rlap{\@textsuperscript{\normalfont\@thefnmark}}}% \long\def\@makefntext##1{\parindent 1em\noindent \hb@xt@1.8em{% \hss\@textsuperscript{\normalfont\@thefnmark}}##1}% \if@twocolumn \ifnum \col@number=\@ne \@maketitle \else \twocolumn[\@maketitle]% \fi \else \newpage \global\@topnum\z@ % Prevents figures from going at top of page. \@maketitle \fi \thispagestyle{plain}\@thanks \endgroup \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \def\@maketitle{% \newpage \null \vskip 2em% \begin{center}% \let \footnote \thanks {\LARGE \@title \par}% \vskip 1.5em% {\large \lineskip .5em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1em% {\large \@date}% \end{center}% \par \vskip 1.5em} \fi \setcounter{secnumdepth}{3} \newcounter {part} \newcounter {section} \newcounter {subsection}[section] \newcounter {subsubsection}[subsection] \newcounter {paragraph}[subsubsection] \newcounter {subparagraph}[paragraph] \renewcommand \thepart {\@Roman\c@part} \renewcommand \thesection {}%\@arabic\c@section} \renewcommand\thesubsection {\thesection.\@arabic\c@subsection} \renewcommand\thesubsubsection{\thesubsection .\@arabic\c@subsubsection} \renewcommand\theparagraph {\thesubsubsection.\@arabic\c@paragraph} \renewcommand\thesubparagraph {\theparagraph.\@arabic\c@subparagraph} \newcommand\part{% \if@noskipsec \leavevmode \fi \par \addvspace{4ex}% \@afterindentfalse \secdef\@part\@spart} \def\@part[#1]#2{% \ifnum \c@secnumdepth >\m@ne \refstepcounter{part}% \addcontentsline{toc}{part}{\thepart\hspace{1em}#1}% \else \addcontentsline{toc}{part}{#1}% \fi {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \ifnum \c@secnumdepth >\m@ne \Large\bfseries \partname~\thepart \par\nobreak \fi \huge \bfseries #2% \markboth{}{}\par}% \nobreak \vskip 3ex \@afterheading} \def\@spart#1{% {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \huge \bfseries #1\par}% \nobreak \vskip 3ex \@afterheading} \newcommand\section{\@startsection{section}{1}{ \z@} % {-3.5ex \@plus -1ex \@minus -.2ex}% {2.3ex \@plus.2ex}% {\normalfont\Large\bfseries}} \newcommand\subsection{\@startsection{subsection}{2}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\large\bfseries}} \newcommand\subsubsection{\@startsection{subsubsection}{3}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\normalsize\bfseries}} \newcommand\paragraph{\@startsection{paragraph}{4}{\z@}% {3.25ex \@plus1ex \@minus.2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \newcommand\subparagraph{\@startsection{subparagraph}{5}{\parindent}% {3.25ex \@plus1ex \@minus .2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \if@twocolumn \setlength\leftmargini {2em} \else \setlength\leftmargini {2.5em} \fi \leftmargin \leftmargini \setlength\leftmarginii {2.2em} \setlength\leftmarginiii {1.87em} \setlength\leftmarginiv {1.7em} \if@twocolumn \setlength\leftmarginv {.5em} \setlength\leftmarginvi {.5em} \else \setlength\leftmarginv {1em} \setlength\leftmarginvi {1em} \fi \setlength \labelsep {.5em} \setlength \labelwidth{\leftmargini} \addtolength\labelwidth{-\labelsep} \@beginparpenalty -\@lowpenalty \@endparpenalty -\@lowpenalty \@itempenalty -\@lowpenalty \renewcommand\theenumi{\@arabic\c@enumi} \renewcommand\theenumii{\@alph\c@enumii} \renewcommand\theenumiii{\@roman\c@enumiii} \renewcommand\theenumiv{\@Alph\c@enumiv} \newcommand\labelenumi{\theenumi.} \newcommand\labelenumii{(\theenumii)} \newcommand\labelenumiii{\theenumiii.} \newcommand\labelenumiv{\theenumiv.} \renewcommand\p@enumii{\theenumi} \renewcommand\p@enumiii{\theenumi(\theenumii)} \renewcommand\p@enumiv{\p@enumiii\theenumiii} \newcommand\labelitemi{\textbullet} \newcommand\labelitemii{\normalfont\bfseries \textendash} \newcommand\labelitemiii{\textasteriskcentered} \newcommand\labelitemiv{\textperiodcentered} \newenvironment{description} {\list{}{\labelwidth\z@ \itemindent-\leftmargin \let\makelabel\descriptionlabel}} {\endlist} \newcommand*\descriptionlabel[1]{\hspace\labelsep \normalfont\bfseries #1} \if@titlepage \newenvironment{abstract}{% \titlepage \null\vfil \@beginparpenalty\@lowpenalty \begin{center}% \bfseries \abstractname \@endparpenalty\@M \end{center}}% {\par\vfil\null\endtitlepage} \else \newenvironment{abstract}{% \if@twocolumn \section*{\abstractname}% \else \small \begin{center}% {\bfseries \abstractname\vspace{-.5em}\vspace{\z@}}% \end{center}% \quotation \fi} {\if@twocolumn\else\endquotation\fi} \fi \newenvironment{verse} {\let\\\@centercr \list{}{\itemsep \z@ \itemindent -1.5em% \listparindent\itemindent \rightmargin \leftmargin \advance\leftmargin 1.5em}% \item\relax} {\endlist} \newenvironment{quotation} {\list{}{\listparindent 1.5em% \itemindent \listparindent \rightmargin \leftmargin \parsep \z@ \@plus\p@}% \item\relax} {\endlist} \newenvironment{quote} {\list{}{\rightmargin\leftmargin}% \item\relax} {\endlist} \if@compatibility \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\z@ }% {\if@restonecol\twocolumn \else \newpage \fi } \else \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\@ne }% {\if@restonecol\twocolumn \else \newpage \fi \if@twoside\else \setcounter{page}\@ne \fi } \fi \newcommand\appendix{\par \setcounter{section}{0}% \setcounter{subsection}{0}% \gdef\thesection{\@Alph\c@section}} \setlength\arraycolsep{5\p@} \setlength\tabcolsep{6\p@} \setlength\arrayrulewidth{.4\p@} \setlength\doublerulesep{2\p@} \setlength\tabbingsep{\labelsep} \skip\@mpfootins = \skip\footins \setlength\fboxsep{3\p@} \setlength\fboxrule{.4\p@} \renewcommand \theequation {\@arabic\c@equation} \newcounter{figure} \renewcommand \thefigure {\@arabic\c@figure} \def\fps@figure{tbp} \def\ftype@figure{1} \def\ext@figure{lof} \def\fnum@figure{\figurename~\thefigure} \newenvironment{figure} {\@float{figure}} {\end@float} \newenvironment{figure*} {\@dblfloat{figure}} {\end@dblfloat} \newcounter{table} \renewcommand\thetable{\@arabic\c@table} \def\fps@table{tbp} \def\ftype@table{2} \def\ext@table{lot} \def\fnum@table{\tablename~\thetable} \newenvironment{table} {\@float{table}} {\end@float} \newenvironment{table*} {\@dblfloat{table}} {\end@dblfloat} \newlength\abovecaptionskip \newlength\belowcaptionskip \setlength\abovecaptionskip{10\p@} \setlength\belowcaptionskip{0\p@} \long\def\@makecaption#1#2{% \vskip\abovecaptionskip \sbox\@tempboxa{#1: #2}% \ifdim \wd\@tempboxa >\hsize #1: #2\par \else \global \@minipagefalse \hb@xt@\hsize{\hfil\box\@tempboxa\hfil}% \fi \vskip\belowcaptionskip} \DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} \DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} \DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} \DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} \DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} \DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} \DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} \DeclareRobustCommand*\cal{\@fontswitch\relax\mathcal} \DeclareRobustCommand*\mit{\@fontswitch\relax\mathnormal} \newcommand\@pnumwidth{1.55em} \newcommand\@tocrmarg{2.55em} \newcommand\@dotsep{4.5} \setcounter{tocdepth}{3} \newcommand\tableofcontents{% \section*{\contentsname \@mkboth{% \MakeUppercase\contentsname}{\MakeUppercase\contentsname}}% \@starttoc{toc}% } \newcommand*\l@part[2]{% \ifnum \c@tocdepth >-2\relax \addpenalty\@secpenalty \addvspace{2.25em \@plus\p@}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth {\leavevmode \large \bfseries #1\hfil \hb@xt@\@pnumwidth{\hss #2}}\par \nobreak \if@compatibility \global\@nobreaktrue \everypar{\global\@nobreakfalse\everypar{}}% \fi \endgroup \fi} \newcommand*\l@section[2]{% \ifnum \c@tocdepth >\z@ \addpenalty\@secpenalty \addvspace{1.0em \@plus\p@}% \setlength\@tempdima{1.5em}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth \leavevmode \bfseries \advance\leftskip\@tempdima \hskip -\leftskip #1\nobreak\hfil \nobreak\hb@xt@\@pnumwidth{\hss #2}\par \endgroup \fi} \newcommand*\l@subsection{\@dottedtocline{2}{1.5em}{2.3em}} \newcommand*\l@subsubsection{\@dottedtocline{3}{3.8em}{3.2em}} \newcommand*\l@paragraph{\@dottedtocline{4}{7.0em}{4.1em}} \newcommand*\l@subparagraph{\@dottedtocline{5}{10em}{5em}} \newcommand\listoffigures{% \section*{\listfigurename \@mkboth{\MakeUppercase\listfigurename}% {\MakeUppercase\listfigurename}}% \@starttoc{lof}% } \newcommand*\l@figure{\@dottedtocline{1}{1.5em}{2.3em}} \newcommand\listoftables{% \section*{\listtablename \@mkboth{% \MakeUppercase\listtablename}{\MakeUppercase\listtablename}}% \@starttoc{lot}% } \let\l@table\l@figure \newdimen\bibindent \setlength\bibindent{1.5em} \newenvironment{thebibliography}[1] { \section{\refname} % \@mkboth{\MakeUppercase\refname}{\MakeUppercase\refname}}% \list{}%\@biblabel{\@arabic\c@enumiv} {\settowidth\labelwidth{\@biblabel{#1}}% \leftmargin\labelwidth \advance\leftmargin\labelsep \@openbib@code \usecounter{enumiv}% \let\p@enumiv\@empty \renewcommand\theenumiv{}}%\@arabic\c@enumiv \sloppy \clubpenalty4000 \@clubpenalty \clubpenalty \widowpenalty4000% \sfcode`\.\@m} {\def\@noitemerr {\@latex@warning{Empty `thebibliography' environment}}% \endlist} \newcommand\newblock{\hskip .11em\@plus.33em\@minus.07em} \let\@openbib@code\@empty \newenvironment{theindex} {\if@twocolumn \@restonecolfalse \else \@restonecoltrue \fi \columnseprule \z@ \columnsep 35\p@ \twocolumn[\section*{\indexname}]% \@mkboth{\MakeUppercase\indexname}% {\MakeUppercase\indexname}% \thispagestyle{plain}\parindent\z@ \parskip\z@ \@plus .3\p@\relax \let\item\@idxitem} {\if@restonecol\onecolumn\else\clearpage\fi} \newcommand\@idxitem{\par\hangindent 40\p@} \newcommand\subitem{\@idxitem \hspace*{20\p@}} \newcommand\subsubitem{\@idxitem \hspace*{30\p@}} \newcommand\indexspace{\par \vskip 10\p@ \@plus5\p@ \@minus3\p@\relax} \renewcommand\footnoterule{% \kern-3\p@ \hrule\@width.4\columnwidth \kern2.6\p@} \newcommand\@makefntext[1]{% \parindent 1em% \noindent \hb@xt@1.8em{\hss\@makefnmark}#1} \newcommand\contentsname{Contents} \newcommand\listfigurename{List of Figures} \newcommand\listtablename{List of Tables} \newcommand\refname{} \newcommand\indexname{Index} \newcommand\figurename{Figure} \newcommand\tablename{Table} \newcommand\partname{Part} \newcommand\appendixname{Appendix} \newcommand\abstractname{Abstract} \def\today{\ifcase\month\or January\or February\or March\or April\or May\or June\or July\or August\or September\or October\or November\or December\fi \space\number\day, \number\year} \setlength\columnsep{10\p@} \setlength\columnseprule{0\p@} \pagestyle{plain} \pagenumbering{arabic} \if@twoside \else \raggedbottom \fi \if@twocolumn \twocolumn \sloppy \flushbottom \else \onecolumn \fi \endinput %% %% End of file `article.cls'. +%% %% This is file `article.cls', %% generated with the docstrip utility. %% %% The original source files were: %% %% classes.dtx (with options: `article') %% %% This is a generated file. %% %% Copyright 1993 1994 1995 1996 1997 1998 1999 %% The LaTeX3 Project and any individual authors listed elsewhere %% in this file. %% %% This file is part of the LaTeX base system. %% ------------------------------------------- %% %% It may be distributed and/or modified under the %% conditions of the LaTeX Project Public License, either version 1.1 %% of this license or (at your option) any later version. %% The latest version of this license is in %% http://www.latex-project.org/lppl.txt %% and version 1.1 or later is part of all distributions of LaTeX %% version 1999/06/01 or later. %% %% The list of all files belonging to the LaTeX base distribution is %% given in the file `manifest.txt'. See also `legal.txt' for additional %% information. %% %% \CharacterTable %% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z %% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z %% Digits \0\1\2\3\4\5\6\7\8\9 %% Exclamation \! Double quote \" Hash (number) \# %% Dollar \$ Percent \% Ampersand \& %% Acute accent \' Left paren \( Right paren \) %% Asterisk \* Plus \+ Comma \, %% Minus \- Point \. Solidus \/ %% Colon \: Semicolon \; Less than \< %% Equals \= Greater than \> Question mark \? %% Commercial at \@ Left bracket \[ Backslash \\ %% Right bracket \] Circumflex \^ Underscore \_ %% Grave accent \` Left brace \{ Vertical bar \| %% Right brace \} Tilde \~} \NeedsTeXFormat{LaTeX2e}[1995/12/01] \ProvidesClass{articleNoRefHead} [1999/01/07 v1.4a Standard LaTeX document class] \newcommand\@ptsize{} \newif\if@restonecol \newif\if@titlepage \@titlepagefalse \if@compatibility\else \DeclareOption{a4paper} {\setlength\paperheight {297mm}% \setlength\paperwidth {210mm}} \DeclareOption{a5paper} {\setlength\paperheight {210mm}% \setlength\paperwidth {148mm}} \DeclareOption{b5paper} {\setlength\paperheight {250mm}% \setlength\paperwidth {176mm}} \DeclareOption{letterpaper} {\setlength\paperheight {11in}% \setlength\paperwidth {8.5in}} \DeclareOption{legalpaper} {\setlength\paperheight {14in}% \setlength\paperwidth {8.5in}} \DeclareOption{executivepaper} {\setlength\paperheight {10.5in}% \setlength\paperwidth {7.25in}} \DeclareOption{landscape} {\setlength\@tempdima {\paperheight}% \setlength\paperheight {\paperwidth}% \setlength\paperwidth {\@tempdima}} \fi \if@compatibility \renewcommand\@ptsize{0} \else \DeclareOption{10pt}{\renewcommand\@ptsize{0}} \fi \DeclareOption{11pt}{\renewcommand\@ptsize{1}} \DeclareOption{12pt}{\renewcommand\@ptsize{2}} \if@compatibility\else \DeclareOption{oneside}{\@twosidefalse \@mparswitchfalse} \fi \DeclareOption{twoside}{\@twosidetrue \@mparswitchtrue} \DeclareOption{draft}{\setlength\overfullrule{5pt}} \if@compatibility\else \DeclareOption{final}{\setlength\overfullrule{0pt}} \fi \DeclareOption{titlepage}{\@titlepagetrue} \if@compatibility\else \DeclareOption{notitlepage}{\@titlepagefalse} \fi \if@compatibility\else \DeclareOption{onecolumn}{\@twocolumnfalse} \fi \DeclareOption{twocolumn}{\@twocolumntrue} \DeclareOption{leqno}{\input{leqno.clo}} \DeclareOption{fleqn}{\input{fleqn.clo}} \DeclareOption{openbib}{% \AtEndOfPackage{% \renewcommand\@openbib@code{% \advance\leftmargin\bibindent \itemindent -\bibindent \listparindent \itemindent \parsep \z@ }% \renewcommand\newblock{\par}}% } \ExecuteOptions{letterpaper,10pt,oneside,onecolumn,final} \ProcessOptions \input{size1\@ptsize.clo} \setlength\lineskip{1\p@} \setlength\normallineskip{1\p@} \renewcommand\baselinestretch{} \setlength\parskip{0\p@ \@plus \p@} \@lowpenalty 51 \@medpenalty 151 \@highpenalty 301 \setcounter{topnumber}{2} \renewcommand\topfraction{.7} \setcounter{bottomnumber}{1} \renewcommand\bottomfraction{.3} \setcounter{totalnumber}{3} \renewcommand\textfraction{.2} \renewcommand\floatpagefraction{.5} \setcounter{dbltopnumber}{2} \renewcommand\dbltopfraction{.7} \renewcommand\dblfloatpagefraction{.5} \if@twoside \def\ps@headings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markboth {\MakeUppercase{% \ifnum \c@secnumdepth >\z@ \thesection\quad \fi ##1}}{}}% \def\subsectionmark##1{% \markright {% \ifnum \c@secnumdepth >\@ne \thesubsection\quad \fi ##1}}} \else \def\ps@headings{% \let\@oddfoot\@empty \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markright {\MakeUppercase{% \ifnum \c@secnumdepth >\m@ne \thesection\quad \fi ##1}}}} \fi \def\ps@myheadings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\@gobbletwo \let\sectionmark\@gobble \let\subsectionmark\@gobble } \if@titlepage \newcommand\maketitle{\begin{titlepage}% \let\footnotesize\small \let\footnoterule\relax \let \footnote \thanks \null\vfil \vskip 60\p@ \begin{center}% {\LARGE \@title \par}% \vskip 3em% {\large \lineskip .75em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1.5em% {\large \@date \par}% % Set date in \large size. \end{center}\par \@thanks \vfil\null \end{titlepage}% \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \else \newcommand\maketitle{\par \begingroup \renewcommand\thefootnote{\@fnsymbol\c@footnote}% \def\@makefnmark{\rlap{\@textsuperscript{\normalfont\@thefnmark}}}% \long\def\@makefntext##1{\parindent 1em\noindent \hb@xt@1.8em{% \hss\@textsuperscript{\normalfont\@thefnmark}}##1}% \if@twocolumn \ifnum \col@number=\@ne \@maketitle \else \twocolumn[\@maketitle]% \fi \else \newpage \global\@topnum\z@ % Prevents figures from going at top of page. \@maketitle \fi \thispagestyle{plain}\@thanks \endgroup \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \def\@maketitle{% \newpage \null \vskip 2em% \begin{center}% \let \footnote \thanks {\LARGE \@title \par}% \vskip 1.5em% {\large \lineskip .5em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1em% {\large \@date}% \end{center}% \par \vskip 1.5em} \fi \setcounter{secnumdepth}{3} \newcounter {part} \newcounter {section} \newcounter {subsection}[section] \newcounter {subsubsection}[subsection] \newcounter {paragraph}[subsubsection] \newcounter {subparagraph}[paragraph] \renewcommand \thepart {\@Roman\c@part} \renewcommand \thesection {}%\@arabic\c@section} \renewcommand\thesubsection {\thesection.\@arabic\c@subsection} \renewcommand\thesubsubsection{\thesubsection .\@arabic\c@subsubsection} \renewcommand\theparagraph {\thesubsubsection.\@arabic\c@paragraph} \renewcommand\thesubparagraph {\theparagraph.\@arabic\c@subparagraph} \newcommand\part{% \if@noskipsec \leavevmode \fi \par \addvspace{4ex}% \@afterindentfalse \secdef\@part\@spart} \def\@part[#1]#2{% \ifnum \c@secnumdepth >\m@ne \refstepcounter{part}% \addcontentsline{toc}{part}{\thepart\hspace{1em}#1}% \else \addcontentsline{toc}{part}{#1}% \fi {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \ifnum \c@secnumdepth >\m@ne \Large\bfseries \partname~\thepart \par\nobreak \fi \huge \bfseries #2% \markboth{}{}\par}% \nobreak \vskip 3ex \@afterheading} \def\@spart#1{% {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \huge \bfseries #1\par}% \nobreak \vskip 3ex \@afterheading} \newcommand\section{\@startsection{section}{1}{ \z@} % {-3.5ex \@plus -1ex \@minus -.2ex}% {2.3ex \@plus.2ex}% {\normalfont\Large\bfseries}} \newcommand\subsection{\@startsection{subsection}{2}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\large\bfseries}} \newcommand\subsubsection{\@startsection{subsubsection}{3}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\normalsize\bfseries}} \newcommand\paragraph{\@startsection{paragraph}{4}{\z@}% {3.25ex \@plus1ex \@minus.2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \newcommand\subparagraph{\@startsection{subparagraph}{5}{\parindent}% {3.25ex \@plus1ex \@minus .2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \if@twocolumn \setlength\leftmargini {2em} \else \setlength\leftmargini {2.5em} \fi \leftmargin \leftmargini \setlength\leftmarginii {2.2em} \setlength\leftmarginiii {1.87em} \setlength\leftmarginiv {1.7em} \if@twocolumn \setlength\leftmarginv {.5em} \setlength\leftmarginvi {.5em} \else \setlength\leftmarginv {1em} \setlength\leftmarginvi {1em} \fi \setlength \labelsep {.5em} \setlength \labelwidth{\leftmargini} \addtolength\labelwidth{-\labelsep} \@beginparpenalty -\@lowpenalty \@endparpenalty -\@lowpenalty \@itempenalty -\@lowpenalty \renewcommand\theenumi{\@arabic\c@enumi} \renewcommand\theenumii{\@alph\c@enumii} \renewcommand\theenumiii{\@roman\c@enumiii} \renewcommand\theenumiv{\@Alph\c@enumiv} \newcommand\labelenumi{\theenumi.} \newcommand\labelenumii{(\theenumii)} \newcommand\labelenumiii{\theenumiii.} \newcommand\labelenumiv{\theenumiv.} \renewcommand\p@enumii{\theenumi} \renewcommand\p@enumiii{\theenumi(\theenumii)} \renewcommand\p@enumiv{\p@enumiii\theenumiii} \newcommand\labelitemi{\textbullet} \newcommand\labelitemii{\normalfont\bfseries \textendash} \newcommand\labelitemiii{\textasteriskcentered} \newcommand\labelitemiv{\textperiodcentered} \newenvironment{description} {\list{}{\labelwidth\z@ \itemindent-\leftmargin \let\makelabel\descriptionlabel}} {\endlist} \newcommand*\descriptionlabel[1]{\hspace\labelsep \normalfont\bfseries #1} \if@titlepage \newenvironment{abstract}{% \titlepage \null\vfil \@beginparpenalty\@lowpenalty \begin{center}% \bfseries \abstractname \@endparpenalty\@M \end{center}}% {\par\vfil\null\endtitlepage} \else \newenvironment{abstract}{% \if@twocolumn \section*{\abstractname}% \else \small \begin{center}% {\bfseries \abstractname\vspace{-.5em}\vspace{\z@}}% \end{center}% \quotation \fi} {\if@twocolumn\else\endquotation\fi} \fi \newenvironment{verse} {\let\\\@centercr \list{}{\itemsep \z@ \itemindent -1.5em% \listparindent\itemindent \rightmargin \leftmargin \advance\leftmargin 1.5em}% \item\relax} {\endlist} \newenvironment{quotation} {\list{}{\listparindent 1.5em% \itemindent \listparindent \rightmargin \leftmargin \parsep \z@ \@plus\p@}% \item\relax} {\endlist} \newenvironment{quote} {\list{}{\rightmargin\leftmargin}% \item\relax} {\endlist} \if@compatibility \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\z@ }% {\if@restonecol\twocolumn \else \newpage \fi } \else \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\@ne }% {\if@restonecol\twocolumn \else \newpage \fi \if@twoside\else \setcounter{page}\@ne \fi } \fi \newcommand\appendix{\par \setcounter{section}{0}% \setcounter{subsection}{0}% \gdef\thesection{\@Alph\c@section}} \setlength\arraycolsep{5\p@} \setlength\tabcolsep{6\p@} \setlength\arrayrulewidth{.4\p@} \setlength\doublerulesep{2\p@} \setlength\tabbingsep{\labelsep} \skip\@mpfootins = \skip\footins \setlength\fboxsep{3\p@} \setlength\fboxrule{.4\p@} \renewcommand \theequation {\@arabic\c@equation} \newcounter{figure} \renewcommand \thefigure {\@arabic\c@figure} \def\fps@figure{tbp} \def\ftype@figure{1} \def\ext@figure{lof} \def\fnum@figure{\figurename~\thefigure} \newenvironment{figure} {\@float{figure}} {\end@float} \newenvironment{figure*} {\@dblfloat{figure}} {\end@dblfloat} \newcounter{table} \renewcommand\thetable{\@arabic\c@table} \def\fps@table{tbp} \def\ftype@table{2} \def\ext@table{lot} \def\fnum@table{\tablename~\thetable} \newenvironment{table} {\@float{table}} {\end@float} \newenvironment{table*} {\@dblfloat{table}} {\end@dblfloat} \newlength\abovecaptionskip \newlength\belowcaptionskip \setlength\abovecaptionskip{10\p@} \setlength\belowcaptionskip{0\p@} \long\def\@makecaption#1#2{% \vskip\abovecaptionskip \sbox\@tempboxa{#1: #2}% \ifdim \wd\@tempboxa >\hsize #1: #2\par \else \global \@minipagefalse \hb@xt@\hsize{\hfil\box\@tempboxa\hfil}% \fi \vskip\belowcaptionskip} \DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} \DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} \DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} \DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} \DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} \DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} \DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} \DeclareRobustCommand*\cal{\@fontswitch\relax\mathcal} \DeclareRobustCommand*\mit{\@fontswitch\relax\mathnormal} \newcommand\@pnumwidth{1.55em} \newcommand\@tocrmarg{2.55em} \newcommand\@dotsep{4.5} \setcounter{tocdepth}{3} \newcommand\tableofcontents{% \section*{\contentsname \@mkboth{% \MakeUppercase\contentsname}{\MakeUppercase\contentsname}}% \@starttoc{toc}% } \newcommand*\l@part[2]{% \ifnum \c@tocdepth >-2\relax \addpenalty\@secpenalty \addvspace{2.25em \@plus\p@}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth {\leavevmode \large \bfseries #1\hfil \hb@xt@\@pnumwidth{\hss #2}}\par \nobreak \if@compatibility \global\@nobreaktrue \everypar{\global\@nobreakfalse\everypar{}}% \fi \endgroup \fi} \newcommand*\l@section[2]{% \ifnum \c@tocdepth >\z@ \addpenalty\@secpenalty \addvspace{1.0em \@plus\p@}% \setlength\@tempdima{1.5em}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth \leavevmode \bfseries \advance\leftskip\@tempdima \hskip -\leftskip #1\nobreak\hfil \nobreak\hb@xt@\@pnumwidth{\hss #2}\par \endgroup \fi} \newcommand*\l@subsection{\@dottedtocline{2}{1.5em}{2.3em}} \newcommand*\l@subsubsection{\@dottedtocline{3}{3.8em}{3.2em}} \newcommand*\l@paragraph{\@dottedtocline{4}{7.0em}{4.1em}} \newcommand*\l@subparagraph{\@dottedtocline{5}{10em}{5em}} \newcommand\listoffigures{% \section*{\listfigurename \@mkboth{\MakeUppercase\listfigurename}% {\MakeUppercase\listfigurename}}% \@starttoc{lof}% } \newcommand*\l@figure{\@dottedtocline{1}{1.5em}{2.3em}} \newcommand\listoftables{% \section*{\listtablename \@mkboth{% \MakeUppercase\listtablename}{\MakeUppercase\listtablename}}% \@starttoc{lot}% } \let\l@table\l@figure \newdimen\bibindent \setlength\bibindent{1.5em} \newenvironment{thebibliography}[1] { \section{\refname} % \@mkboth{\MakeUppercase\refname}{\MakeUppercase\refname}}% \list{}%\@biblabel{\@arabic\c@enumiv} {\settowidth\labelwidth{\@biblabel{#1}}% \leftmargin\labelwidth \advance\leftmargin\labelsep \@openbib@code \usecounter{enumiv}% \let\p@enumiv\@empty \renewcommand\theenumiv{}}%\@arabic\c@enumiv \sloppy \clubpenalty4000 \@clubpenalty \clubpenalty \widowpenalty4000% \sfcode`\.\@m} {\def\@noitemerr {\@latex@warning{Empty `thebibliography' environment}}% \endlist} \newcommand\newblock{\hskip .11em\@plus.33em\@minus.07em} \let\@openbib@code\@empty \newenvironment{theindex} {\if@twocolumn \@restonecolfalse \else \@restonecoltrue \fi \columnseprule \z@ \columnsep 35\p@ \twocolumn[\section*{\indexname}]% \@mkboth{\MakeUppercase\indexname}% {\MakeUppercase\indexname}% \thispagestyle{plain}\parindent\z@ \parskip\z@ \@plus .3\p@\relax \let\item\@idxitem} {\if@restonecol\onecolumn\else\clearpage\fi} \newcommand\@idxitem{\par\hangindent 40\p@} \newcommand\subitem{\@idxitem \hspace*{20\p@}} \newcommand\subsubitem{\@idxitem \hspace*{30\p@}} \newcommand\indexspace{\par \vskip 10\p@ \@plus5\p@ \@minus3\p@\relax} \renewcommand\footnoterule{% \kern-3\p@ \hrule\@width.4\columnwidth \kern2.6\p@} \newcommand\@makefntext[1]{% \parindent 1em% \noindent \hb@xt@1.8em{\hss\@makefnmark}#1} \newcommand\contentsname{Contents} \newcommand\listfigurename{List of Figures} \newcommand\listtablename{List of Tables} \newcommand\refname{} \newcommand\indexname{Index} \newcommand\figurename{Figure} \newcommand\tablename{Table} \newcommand\partname{Part} \newcommand\appendixname{Appendix} \newcommand\abstractname{Abstract} \def\today{\ifcase\month\or January\or February\or March\or April\or May\or June\or July\or August\or September\or October\or November\or December\fi \space\number\day, \number\year} \setlength\columnsep{10\p@} \setlength\columnseprule{0\p@} \pagestyle{plain} \pagenumbering{arabic} \if@twoside \else \raggedbottom \fi \if@twocolumn \twocolumn \sloppy \flushbottom \else \onecolumn \fi \endinput %% %% End of file `article.cls'. \ No newline at end of file diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/printvrb.sty b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/printvrb.sty index b8757b3d4..b3a1d65d7 100755 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/printvrb.sty +++ b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/printvrb.sty @@ -109,4 +109,4 @@ no fragment {\tt ==> #1 <==} maybe run LaTeX on source file again?)\vskip12pt\el \ifnamesinmargin \vskip1sp\noindent\llap{\vtop to 0pt{\hbox{\tt #1\hskip4pt==>\ }\vss}}\fi% \csname #1\endcsname\fi -} +} diff --git a/docs/NARK/texmf-local/tex/latex/articleNoRefHead.cls b/docs/NARK/texmf-local/tex/latex/articleNoRefHead.cls index 6c7ed7683..979b08d97 100755 --- a/docs/NARK/texmf-local/tex/latex/articleNoRefHead.cls +++ b/docs/NARK/texmf-local/tex/latex/articleNoRefHead.cls @@ -1 +1 @@ -%% %% This is file `article.cls', %% generated with the docstrip utility. %% %% The original source files were: %% %% classes.dtx (with options: `article') %% %% This is a generated file. %% %% Copyright 1993 1994 1995 1996 1997 1998 1999 %% The LaTeX3 Project and any individual authors listed elsewhere %% in this file. %% %% This file is part of the LaTeX base system. %% ------------------------------------------- %% %% It may be distributed and/or modified under the %% conditions of the LaTeX Project Public License, either version 1.1 %% of this license or (at your option) any later version. %% The latest version of this license is in %% http://www.latex-project.org/lppl.txt %% and version 1.1 or later is part of all distributions of LaTeX %% version 1999/06/01 or later. %% %% The list of all files belonging to the LaTeX base distribution is %% given in the file `manifest.txt'. See also `legal.txt' for additional %% information. %% %% \CharacterTable %% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z %% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z %% Digits \0\1\2\3\4\5\6\7\8\9 %% Exclamation \! Double quote \" Hash (number) \# %% Dollar \$ Percent \% Ampersand \& %% Acute accent \' Left paren \( Right paren \) %% Asterisk \* Plus \+ Comma \, %% Minus \- Point \. Solidus \/ %% Colon \: Semicolon \; Less than \< %% Equals \= Greater than \> Question mark \? %% Commercial at \@ Left bracket \[ Backslash \\ %% Right bracket \] Circumflex \^ Underscore \_ %% Grave accent \` Left brace \{ Vertical bar \| %% Right brace \} Tilde \~} \NeedsTeXFormat{LaTeX2e}[1995/12/01] \ProvidesClass{articleNoRefHead} [1999/01/07 v1.4a Standard LaTeX document class] \newcommand\@ptsize{} \newif\if@restonecol \newif\if@titlepage \@titlepagefalse \if@compatibility\else \DeclareOption{a4paper} {\setlength\paperheight {297mm}% \setlength\paperwidth {210mm}} \DeclareOption{a5paper} {\setlength\paperheight {210mm}% \setlength\paperwidth {148mm}} \DeclareOption{b5paper} {\setlength\paperheight {250mm}% \setlength\paperwidth {176mm}} \DeclareOption{letterpaper} {\setlength\paperheight {11in}% \setlength\paperwidth {8.5in}} \DeclareOption{legalpaper} {\setlength\paperheight {14in}% \setlength\paperwidth {8.5in}} \DeclareOption{executivepaper} {\setlength\paperheight {10.5in}% \setlength\paperwidth {7.25in}} \DeclareOption{landscape} {\setlength\@tempdima {\paperheight}% \setlength\paperheight {\paperwidth}% \setlength\paperwidth {\@tempdima}} \fi \if@compatibility \renewcommand\@ptsize{0} \else \DeclareOption{10pt}{\renewcommand\@ptsize{0}} \fi \DeclareOption{11pt}{\renewcommand\@ptsize{1}} \DeclareOption{12pt}{\renewcommand\@ptsize{2}} \if@compatibility\else \DeclareOption{oneside}{\@twosidefalse \@mparswitchfalse} \fi \DeclareOption{twoside}{\@twosidetrue \@mparswitchtrue} \DeclareOption{draft}{\setlength\overfullrule{5pt}} \if@compatibility\else \DeclareOption{final}{\setlength\overfullrule{0pt}} \fi \DeclareOption{titlepage}{\@titlepagetrue} \if@compatibility\else \DeclareOption{notitlepage}{\@titlepagefalse} \fi \if@compatibility\else \DeclareOption{onecolumn}{\@twocolumnfalse} \fi \DeclareOption{twocolumn}{\@twocolumntrue} \DeclareOption{leqno}{\input{leqno.clo}} \DeclareOption{fleqn}{\input{fleqn.clo}} \DeclareOption{openbib}{% \AtEndOfPackage{% \renewcommand\@openbib@code{% \advance\leftmargin\bibindent \itemindent -\bibindent \listparindent \itemindent \parsep \z@ }% \renewcommand\newblock{\par}}% } \ExecuteOptions{letterpaper,10pt,oneside,onecolumn,final} \ProcessOptions \input{size1\@ptsize.clo} \setlength\lineskip{1\p@} \setlength\normallineskip{1\p@} \renewcommand\baselinestretch{} \setlength\parskip{0\p@ \@plus \p@} \@lowpenalty 51 \@medpenalty 151 \@highpenalty 301 \setcounter{topnumber}{2} \renewcommand\topfraction{.7} \setcounter{bottomnumber}{1} \renewcommand\bottomfraction{.3} \setcounter{totalnumber}{3} \renewcommand\textfraction{.2} \renewcommand\floatpagefraction{.5} \setcounter{dbltopnumber}{2} \renewcommand\dbltopfraction{.7} \renewcommand\dblfloatpagefraction{.5} \if@twoside \def\ps@headings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markboth {\MakeUppercase{% \ifnum \c@secnumdepth >\z@ \thesection\quad \fi ##1}}{}}% \def\subsectionmark##1{% \markright {% \ifnum \c@secnumdepth >\@ne \thesubsection\quad \fi ##1}}} \else \def\ps@headings{% \let\@oddfoot\@empty \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markright {\MakeUppercase{% \ifnum \c@secnumdepth >\m@ne \thesection\quad \fi ##1}}}} \fi \def\ps@myheadings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\@gobbletwo \let\sectionmark\@gobble \let\subsectionmark\@gobble } \if@titlepage \newcommand\maketitle{\begin{titlepage}% \let\footnotesize\small \let\footnoterule\relax \let \footnote \thanks \null\vfil \vskip 60\p@ \begin{center}% {\LARGE \@title \par}% \vskip 3em% {\large \lineskip .75em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1.5em% {\large \@date \par}% % Set date in \large size. \end{center}\par \@thanks \vfil\null \end{titlepage}% \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \else \newcommand\maketitle{\par \begingroup \renewcommand\thefootnote{\@fnsymbol\c@footnote}% \def\@makefnmark{\rlap{\@textsuperscript{\normalfont\@thefnmark}}}% \long\def\@makefntext##1{\parindent 1em\noindent \hb@xt@1.8em{% \hss\@textsuperscript{\normalfont\@thefnmark}}##1}% \if@twocolumn \ifnum \col@number=\@ne \@maketitle \else \twocolumn[\@maketitle]% \fi \else \newpage \global\@topnum\z@ % Prevents figures from going at top of page. \@maketitle \fi \thispagestyle{plain}\@thanks \endgroup \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \def\@maketitle{% \newpage \null \vskip 2em% \begin{center}% \let \footnote \thanks {\LARGE \@title \par}% \vskip 1.5em% {\large \lineskip .5em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1em% {\large \@date}% \end{center}% \par \vskip 1.5em} \fi \setcounter{secnumdepth}{3} \newcounter {part} \newcounter {section} \newcounter {subsection}[section] \newcounter {subsubsection}[subsection] \newcounter {paragraph}[subsubsection] \newcounter {subparagraph}[paragraph] \renewcommand \thepart {\@Roman\c@part} \renewcommand \thesection {}%\@arabic\c@section} \renewcommand\thesubsection {\thesection.\@arabic\c@subsection} \renewcommand\thesubsubsection{\thesubsection .\@arabic\c@subsubsection} \renewcommand\theparagraph {\thesubsubsection.\@arabic\c@paragraph} \renewcommand\thesubparagraph {\theparagraph.\@arabic\c@subparagraph} \newcommand\part{% \if@noskipsec \leavevmode \fi \par \addvspace{4ex}% \@afterindentfalse \secdef\@part\@spart} \def\@part[#1]#2{% \ifnum \c@secnumdepth >\m@ne \refstepcounter{part}% \addcontentsline{toc}{part}{\thepart\hspace{1em}#1}% \else \addcontentsline{toc}{part}{#1}% \fi {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \ifnum \c@secnumdepth >\m@ne \Large\bfseries \partname~\thepart \par\nobreak \fi \huge \bfseries #2% \markboth{}{}\par}% \nobreak \vskip 3ex \@afterheading} \def\@spart#1{% {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \huge \bfseries #1\par}% \nobreak \vskip 3ex \@afterheading} \newcommand\section{\@startsection{section}{1}{ \z@} % {-3.5ex \@plus -1ex \@minus -.2ex}% {2.3ex \@plus.2ex}% {\normalfont\Large\bfseries}} \newcommand\subsection{\@startsection{subsection}{2}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\large\bfseries}} \newcommand\subsubsection{\@startsection{subsubsection}{3}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\normalsize\bfseries}} \newcommand\paragraph{\@startsection{paragraph}{4}{\z@}% {3.25ex \@plus1ex \@minus.2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \newcommand\subparagraph{\@startsection{subparagraph}{5}{\parindent}% {3.25ex \@plus1ex \@minus .2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \if@twocolumn \setlength\leftmargini {2em} \else \setlength\leftmargini {2.5em} \fi \leftmargin \leftmargini \setlength\leftmarginii {2.2em} \setlength\leftmarginiii {1.87em} \setlength\leftmarginiv {1.7em} \if@twocolumn \setlength\leftmarginv {.5em} \setlength\leftmarginvi {.5em} \else \setlength\leftmarginv {1em} \setlength\leftmarginvi {1em} \fi \setlength \labelsep {.5em} \setlength \labelwidth{\leftmargini} \addtolength\labelwidth{-\labelsep} \@beginparpenalty -\@lowpenalty \@endparpenalty -\@lowpenalty \@itempenalty -\@lowpenalty \renewcommand\theenumi{\@arabic\c@enumi} \renewcommand\theenumii{\@alph\c@enumii} \renewcommand\theenumiii{\@roman\c@enumiii} \renewcommand\theenumiv{\@Alph\c@enumiv} \newcommand\labelenumi{\theenumi.} \newcommand\labelenumii{(\theenumii)} \newcommand\labelenumiii{\theenumiii.} \newcommand\labelenumiv{\theenumiv.} \renewcommand\p@enumii{\theenumi} \renewcommand\p@enumiii{\theenumi(\theenumii)} \renewcommand\p@enumiv{\p@enumiii\theenumiii} \newcommand\labelitemi{\textbullet} \newcommand\labelitemii{\normalfont\bfseries \textendash} \newcommand\labelitemiii{\textasteriskcentered} \newcommand\labelitemiv{\textperiodcentered} \newenvironment{description} {\list{}{\labelwidth\z@ \itemindent-\leftmargin \let\makelabel\descriptionlabel}} {\endlist} \newcommand*\descriptionlabel[1]{\hspace\labelsep \normalfont\bfseries #1} \if@titlepage \newenvironment{abstract}{% \titlepage \null\vfil \@beginparpenalty\@lowpenalty \begin{center}% \bfseries \abstractname \@endparpenalty\@M \end{center}}% {\par\vfil\null\endtitlepage} \else \newenvironment{abstract}{% \if@twocolumn \section*{\abstractname}% \else \small \begin{center}% {\bfseries \abstractname\vspace{-.5em}\vspace{\z@}}% \end{center}% \quotation \fi} {\if@twocolumn\else\endquotation\fi} \fi \newenvironment{verse} {\let\\\@centercr \list{}{\itemsep \z@ \itemindent -1.5em% \listparindent\itemindent \rightmargin \leftmargin \advance\leftmargin 1.5em}% \item\relax} {\endlist} \newenvironment{quotation} {\list{}{\listparindent 1.5em% \itemindent \listparindent \rightmargin \leftmargin \parsep \z@ \@plus\p@}% \item\relax} {\endlist} \newenvironment{quote} {\list{}{\rightmargin\leftmargin}% \item\relax} {\endlist} \if@compatibility \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\z@ }% {\if@restonecol\twocolumn \else \newpage \fi } \else \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\@ne }% {\if@restonecol\twocolumn \else \newpage \fi \if@twoside\else \setcounter{page}\@ne \fi } \fi \newcommand\appendix{\par \setcounter{section}{0}% \setcounter{subsection}{0}% \gdef\thesection{\@Alph\c@section}} \setlength\arraycolsep{5\p@} \setlength\tabcolsep{6\p@} \setlength\arrayrulewidth{.4\p@} \setlength\doublerulesep{2\p@} \setlength\tabbingsep{\labelsep} \skip\@mpfootins = \skip\footins \setlength\fboxsep{3\p@} \setlength\fboxrule{.4\p@} \renewcommand \theequation {\@arabic\c@equation} \newcounter{figure} \renewcommand \thefigure {\@arabic\c@figure} \def\fps@figure{tbp} \def\ftype@figure{1} \def\ext@figure{lof} \def\fnum@figure{\figurename~\thefigure} \newenvironment{figure} {\@float{figure}} {\end@float} \newenvironment{figure*} {\@dblfloat{figure}} {\end@dblfloat} \newcounter{table} \renewcommand\thetable{\@arabic\c@table} \def\fps@table{tbp} \def\ftype@table{2} \def\ext@table{lot} \def\fnum@table{\tablename~\thetable} \newenvironment{table} {\@float{table}} {\end@float} \newenvironment{table*} {\@dblfloat{table}} {\end@dblfloat} \newlength\abovecaptionskip \newlength\belowcaptionskip \setlength\abovecaptionskip{10\p@} \setlength\belowcaptionskip{0\p@} \long\def\@makecaption#1#2{% \vskip\abovecaptionskip \sbox\@tempboxa{#1: #2}% \ifdim \wd\@tempboxa >\hsize #1: #2\par \else \global \@minipagefalse \hb@xt@\hsize{\hfil\box\@tempboxa\hfil}% \fi \vskip\belowcaptionskip} \DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} \DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} \DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} \DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} \DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} \DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} \DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} \DeclareRobustCommand*\cal{\@fontswitch\relax\mathcal} \DeclareRobustCommand*\mit{\@fontswitch\relax\mathnormal} \newcommand\@pnumwidth{1.55em} \newcommand\@tocrmarg{2.55em} \newcommand\@dotsep{4.5} \setcounter{tocdepth}{3} \newcommand\tableofcontents{% \section*{\contentsname \@mkboth{% \MakeUppercase\contentsname}{\MakeUppercase\contentsname}}% \@starttoc{toc}% } \newcommand*\l@part[2]{% \ifnum \c@tocdepth >-2\relax \addpenalty\@secpenalty \addvspace{2.25em \@plus\p@}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth {\leavevmode \large \bfseries #1\hfil \hb@xt@\@pnumwidth{\hss #2}}\par \nobreak \if@compatibility \global\@nobreaktrue \everypar{\global\@nobreakfalse\everypar{}}% \fi \endgroup \fi} \newcommand*\l@section[2]{% \ifnum \c@tocdepth >\z@ \addpenalty\@secpenalty \addvspace{1.0em \@plus\p@}% \setlength\@tempdima{1.5em}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth \leavevmode \bfseries \advance\leftskip\@tempdima \hskip -\leftskip #1\nobreak\hfil \nobreak\hb@xt@\@pnumwidth{\hss #2}\par \endgroup \fi} \newcommand*\l@subsection{\@dottedtocline{2}{1.5em}{2.3em}} \newcommand*\l@subsubsection{\@dottedtocline{3}{3.8em}{3.2em}} \newcommand*\l@paragraph{\@dottedtocline{4}{7.0em}{4.1em}} \newcommand*\l@subparagraph{\@dottedtocline{5}{10em}{5em}} \newcommand\listoffigures{% \section*{\listfigurename \@mkboth{\MakeUppercase\listfigurename}% {\MakeUppercase\listfigurename}}% \@starttoc{lof}% } \newcommand*\l@figure{\@dottedtocline{1}{1.5em}{2.3em}} \newcommand\listoftables{% \section*{\listtablename \@mkboth{% \MakeUppercase\listtablename}{\MakeUppercase\listtablename}}% \@starttoc{lot}% } \let\l@table\l@figure \newdimen\bibindent \setlength\bibindent{1.5em} \newenvironment{thebibliography}[1] { \section{\refname} % \@mkboth{\MakeUppercase\refname}{\MakeUppercase\refname}}% \list{}%\@biblabel{\@arabic\c@enumiv} {\settowidth\labelwidth{\@biblabel{#1}}% \leftmargin\labelwidth \advance\leftmargin\labelsep \@openbib@code \usecounter{enumiv}% \let\p@enumiv\@empty \renewcommand\theenumiv{}}%\@arabic\c@enumiv \sloppy \clubpenalty4000 \@clubpenalty \clubpenalty \widowpenalty4000% \sfcode`\.\@m} {\def\@noitemerr {\@latex@warning{Empty `thebibliography' environment}}% \endlist} \newcommand\newblock{\hskip .11em\@plus.33em\@minus.07em} \let\@openbib@code\@empty \newenvironment{theindex} {\if@twocolumn \@restonecolfalse \else \@restonecoltrue \fi \columnseprule \z@ \columnsep 35\p@ \twocolumn[\section*{\indexname}]% \@mkboth{\MakeUppercase\indexname}% {\MakeUppercase\indexname}% \thispagestyle{plain}\parindent\z@ \parskip\z@ \@plus .3\p@\relax \let\item\@idxitem} {\if@restonecol\onecolumn\else\clearpage\fi} \newcommand\@idxitem{\par\hangindent 40\p@} \newcommand\subitem{\@idxitem \hspace*{20\p@}} \newcommand\subsubitem{\@idxitem \hspace*{30\p@}} \newcommand\indexspace{\par \vskip 10\p@ \@plus5\p@ \@minus3\p@\relax} \renewcommand\footnoterule{% \kern-3\p@ \hrule\@width.4\columnwidth \kern2.6\p@} \newcommand\@makefntext[1]{% \parindent 1em% \noindent \hb@xt@1.8em{\hss\@makefnmark}#1} \newcommand\contentsname{Contents} \newcommand\listfigurename{List of Figures} \newcommand\listtablename{List of Tables} \newcommand\refname{} \newcommand\indexname{Index} \newcommand\figurename{Figure} \newcommand\tablename{Table} \newcommand\partname{Part} \newcommand\appendixname{Appendix} \newcommand\abstractname{Abstract} \def\today{\ifcase\month\or January\or February\or March\or April\or May\or June\or July\or August\or September\or October\or November\or December\fi \space\number\day, \number\year} \setlength\columnsep{10\p@} \setlength\columnseprule{0\p@} \pagestyle{plain} \pagenumbering{arabic} \if@twoside \else \raggedbottom \fi \if@twocolumn \twocolumn \sloppy \flushbottom \else \onecolumn \fi \endinput %% %% End of file `article.cls'. +%% %% This is file `article.cls', %% generated with the docstrip utility. %% %% The original source files were: %% %% classes.dtx (with options: `article') %% %% This is a generated file. %% %% Copyright 1993 1994 1995 1996 1997 1998 1999 %% The LaTeX3 Project and any individual authors listed elsewhere %% in this file. %% %% This file is part of the LaTeX base system. %% ------------------------------------------- %% %% It may be distributed and/or modified under the %% conditions of the LaTeX Project Public License, either version 1.1 %% of this license or (at your option) any later version. %% The latest version of this license is in %% http://www.latex-project.org/lppl.txt %% and version 1.1 or later is part of all distributions of LaTeX %% version 1999/06/01 or later. %% %% The list of all files belonging to the LaTeX base distribution is %% given in the file `manifest.txt'. See also `legal.txt' for additional %% information. %% %% \CharacterTable %% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z %% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z %% Digits \0\1\2\3\4\5\6\7\8\9 %% Exclamation \! Double quote \" Hash (number) \# %% Dollar \$ Percent \% Ampersand \& %% Acute accent \' Left paren \( Right paren \) %% Asterisk \* Plus \+ Comma \, %% Minus \- Point \. Solidus \/ %% Colon \: Semicolon \; Less than \< %% Equals \= Greater than \> Question mark \? %% Commercial at \@ Left bracket \[ Backslash \\ %% Right bracket \] Circumflex \^ Underscore \_ %% Grave accent \` Left brace \{ Vertical bar \| %% Right brace \} Tilde \~} \NeedsTeXFormat{LaTeX2e}[1995/12/01] \ProvidesClass{articleNoRefHead} [1999/01/07 v1.4a Standard LaTeX document class] \newcommand\@ptsize{} \newif\if@restonecol \newif\if@titlepage \@titlepagefalse \if@compatibility\else \DeclareOption{a4paper} {\setlength\paperheight {297mm}% \setlength\paperwidth {210mm}} \DeclareOption{a5paper} {\setlength\paperheight {210mm}% \setlength\paperwidth {148mm}} \DeclareOption{b5paper} {\setlength\paperheight {250mm}% \setlength\paperwidth {176mm}} \DeclareOption{letterpaper} {\setlength\paperheight {11in}% \setlength\paperwidth {8.5in}} \DeclareOption{legalpaper} {\setlength\paperheight {14in}% \setlength\paperwidth {8.5in}} \DeclareOption{executivepaper} {\setlength\paperheight {10.5in}% \setlength\paperwidth {7.25in}} \DeclareOption{landscape} {\setlength\@tempdima {\paperheight}% \setlength\paperheight {\paperwidth}% \setlength\paperwidth {\@tempdima}} \fi \if@compatibility \renewcommand\@ptsize{0} \else \DeclareOption{10pt}{\renewcommand\@ptsize{0}} \fi \DeclareOption{11pt}{\renewcommand\@ptsize{1}} \DeclareOption{12pt}{\renewcommand\@ptsize{2}} \if@compatibility\else \DeclareOption{oneside}{\@twosidefalse \@mparswitchfalse} \fi \DeclareOption{twoside}{\@twosidetrue \@mparswitchtrue} \DeclareOption{draft}{\setlength\overfullrule{5pt}} \if@compatibility\else \DeclareOption{final}{\setlength\overfullrule{0pt}} \fi \DeclareOption{titlepage}{\@titlepagetrue} \if@compatibility\else \DeclareOption{notitlepage}{\@titlepagefalse} \fi \if@compatibility\else \DeclareOption{onecolumn}{\@twocolumnfalse} \fi \DeclareOption{twocolumn}{\@twocolumntrue} \DeclareOption{leqno}{\input{leqno.clo}} \DeclareOption{fleqn}{\input{fleqn.clo}} \DeclareOption{openbib}{% \AtEndOfPackage{% \renewcommand\@openbib@code{% \advance\leftmargin\bibindent \itemindent -\bibindent \listparindent \itemindent \parsep \z@ }% \renewcommand\newblock{\par}}% } \ExecuteOptions{letterpaper,10pt,oneside,onecolumn,final} \ProcessOptions \input{size1\@ptsize.clo} \setlength\lineskip{1\p@} \setlength\normallineskip{1\p@} \renewcommand\baselinestretch{} \setlength\parskip{0\p@ \@plus \p@} \@lowpenalty 51 \@medpenalty 151 \@highpenalty 301 \setcounter{topnumber}{2} \renewcommand\topfraction{.7} \setcounter{bottomnumber}{1} \renewcommand\bottomfraction{.3} \setcounter{totalnumber}{3} \renewcommand\textfraction{.2} \renewcommand\floatpagefraction{.5} \setcounter{dbltopnumber}{2} \renewcommand\dbltopfraction{.7} \renewcommand\dblfloatpagefraction{.5} \if@twoside \def\ps@headings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markboth {\MakeUppercase{% \ifnum \c@secnumdepth >\z@ \thesection\quad \fi ##1}}{}}% \def\subsectionmark##1{% \markright {% \ifnum \c@secnumdepth >\@ne \thesubsection\quad \fi ##1}}} \else \def\ps@headings{% \let\@oddfoot\@empty \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markright {\MakeUppercase{% \ifnum \c@secnumdepth >\m@ne \thesection\quad \fi ##1}}}} \fi \def\ps@myheadings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\@gobbletwo \let\sectionmark\@gobble \let\subsectionmark\@gobble } \if@titlepage \newcommand\maketitle{\begin{titlepage}% \let\footnotesize\small \let\footnoterule\relax \let \footnote \thanks \null\vfil \vskip 60\p@ \begin{center}% {\LARGE \@title \par}% \vskip 3em% {\large \lineskip .75em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1.5em% {\large \@date \par}% % Set date in \large size. \end{center}\par \@thanks \vfil\null \end{titlepage}% \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \else \newcommand\maketitle{\par \begingroup \renewcommand\thefootnote{\@fnsymbol\c@footnote}% \def\@makefnmark{\rlap{\@textsuperscript{\normalfont\@thefnmark}}}% \long\def\@makefntext##1{\parindent 1em\noindent \hb@xt@1.8em{% \hss\@textsuperscript{\normalfont\@thefnmark}}##1}% \if@twocolumn \ifnum \col@number=\@ne \@maketitle \else \twocolumn[\@maketitle]% \fi \else \newpage \global\@topnum\z@ % Prevents figures from going at top of page. \@maketitle \fi \thispagestyle{plain}\@thanks \endgroup \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \def\@maketitle{% \newpage \null \vskip 2em% \begin{center}% \let \footnote \thanks {\LARGE \@title \par}% \vskip 1.5em% {\large \lineskip .5em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1em% {\large \@date}% \end{center}% \par \vskip 1.5em} \fi \setcounter{secnumdepth}{3} \newcounter {part} \newcounter {section} \newcounter {subsection}[section] \newcounter {subsubsection}[subsection] \newcounter {paragraph}[subsubsection] \newcounter {subparagraph}[paragraph] \renewcommand \thepart {\@Roman\c@part} \renewcommand \thesection {}%\@arabic\c@section} \renewcommand\thesubsection {\thesection.\@arabic\c@subsection} \renewcommand\thesubsubsection{\thesubsection .\@arabic\c@subsubsection} \renewcommand\theparagraph {\thesubsubsection.\@arabic\c@paragraph} \renewcommand\thesubparagraph {\theparagraph.\@arabic\c@subparagraph} \newcommand\part{% \if@noskipsec \leavevmode \fi \par \addvspace{4ex}% \@afterindentfalse \secdef\@part\@spart} \def\@part[#1]#2{% \ifnum \c@secnumdepth >\m@ne \refstepcounter{part}% \addcontentsline{toc}{part}{\thepart\hspace{1em}#1}% \else \addcontentsline{toc}{part}{#1}% \fi {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \ifnum \c@secnumdepth >\m@ne \Large\bfseries \partname~\thepart \par\nobreak \fi \huge \bfseries #2% \markboth{}{}\par}% \nobreak \vskip 3ex \@afterheading} \def\@spart#1{% {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \huge \bfseries #1\par}% \nobreak \vskip 3ex \@afterheading} \newcommand\section{\@startsection{section}{1}{ \z@} % {-3.5ex \@plus -1ex \@minus -.2ex}% {2.3ex \@plus.2ex}% {\normalfont\Large\bfseries}} \newcommand\subsection{\@startsection{subsection}{2}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\large\bfseries}} \newcommand\subsubsection{\@startsection{subsubsection}{3}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\normalsize\bfseries}} \newcommand\paragraph{\@startsection{paragraph}{4}{\z@}% {3.25ex \@plus1ex \@minus.2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \newcommand\subparagraph{\@startsection{subparagraph}{5}{\parindent}% {3.25ex \@plus1ex \@minus .2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \if@twocolumn \setlength\leftmargini {2em} \else \setlength\leftmargini {2.5em} \fi \leftmargin \leftmargini \setlength\leftmarginii {2.2em} \setlength\leftmarginiii {1.87em} \setlength\leftmarginiv {1.7em} \if@twocolumn \setlength\leftmarginv {.5em} \setlength\leftmarginvi {.5em} \else \setlength\leftmarginv {1em} \setlength\leftmarginvi {1em} \fi \setlength \labelsep {.5em} \setlength \labelwidth{\leftmargini} \addtolength\labelwidth{-\labelsep} \@beginparpenalty -\@lowpenalty \@endparpenalty -\@lowpenalty \@itempenalty -\@lowpenalty \renewcommand\theenumi{\@arabic\c@enumi} \renewcommand\theenumii{\@alph\c@enumii} \renewcommand\theenumiii{\@roman\c@enumiii} \renewcommand\theenumiv{\@Alph\c@enumiv} \newcommand\labelenumi{\theenumi.} \newcommand\labelenumii{(\theenumii)} \newcommand\labelenumiii{\theenumiii.} \newcommand\labelenumiv{\theenumiv.} \renewcommand\p@enumii{\theenumi} \renewcommand\p@enumiii{\theenumi(\theenumii)} \renewcommand\p@enumiv{\p@enumiii\theenumiii} \newcommand\labelitemi{\textbullet} \newcommand\labelitemii{\normalfont\bfseries \textendash} \newcommand\labelitemiii{\textasteriskcentered} \newcommand\labelitemiv{\textperiodcentered} \newenvironment{description} {\list{}{\labelwidth\z@ \itemindent-\leftmargin \let\makelabel\descriptionlabel}} {\endlist} \newcommand*\descriptionlabel[1]{\hspace\labelsep \normalfont\bfseries #1} \if@titlepage \newenvironment{abstract}{% \titlepage \null\vfil \@beginparpenalty\@lowpenalty \begin{center}% \bfseries \abstractname \@endparpenalty\@M \end{center}}% {\par\vfil\null\endtitlepage} \else \newenvironment{abstract}{% \if@twocolumn \section*{\abstractname}% \else \small \begin{center}% {\bfseries \abstractname\vspace{-.5em}\vspace{\z@}}% \end{center}% \quotation \fi} {\if@twocolumn\else\endquotation\fi} \fi \newenvironment{verse} {\let\\\@centercr \list{}{\itemsep \z@ \itemindent -1.5em% \listparindent\itemindent \rightmargin \leftmargin \advance\leftmargin 1.5em}% \item\relax} {\endlist} \newenvironment{quotation} {\list{}{\listparindent 1.5em% \itemindent \listparindent \rightmargin \leftmargin \parsep \z@ \@plus\p@}% \item\relax} {\endlist} \newenvironment{quote} {\list{}{\rightmargin\leftmargin}% \item\relax} {\endlist} \if@compatibility \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\z@ }% {\if@restonecol\twocolumn \else \newpage \fi } \else \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\@ne }% {\if@restonecol\twocolumn \else \newpage \fi \if@twoside\else \setcounter{page}\@ne \fi } \fi \newcommand\appendix{\par \setcounter{section}{0}% \setcounter{subsection}{0}% \gdef\thesection{\@Alph\c@section}} \setlength\arraycolsep{5\p@} \setlength\tabcolsep{6\p@} \setlength\arrayrulewidth{.4\p@} \setlength\doublerulesep{2\p@} \setlength\tabbingsep{\labelsep} \skip\@mpfootins = \skip\footins \setlength\fboxsep{3\p@} \setlength\fboxrule{.4\p@} \renewcommand \theequation {\@arabic\c@equation} \newcounter{figure} \renewcommand \thefigure {\@arabic\c@figure} \def\fps@figure{tbp} \def\ftype@figure{1} \def\ext@figure{lof} \def\fnum@figure{\figurename~\thefigure} \newenvironment{figure} {\@float{figure}} {\end@float} \newenvironment{figure*} {\@dblfloat{figure}} {\end@dblfloat} \newcounter{table} \renewcommand\thetable{\@arabic\c@table} \def\fps@table{tbp} \def\ftype@table{2} \def\ext@table{lot} \def\fnum@table{\tablename~\thetable} \newenvironment{table} {\@float{table}} {\end@float} \newenvironment{table*} {\@dblfloat{table}} {\end@dblfloat} \newlength\abovecaptionskip \newlength\belowcaptionskip \setlength\abovecaptionskip{10\p@} \setlength\belowcaptionskip{0\p@} \long\def\@makecaption#1#2{% \vskip\abovecaptionskip \sbox\@tempboxa{#1: #2}% \ifdim \wd\@tempboxa >\hsize #1: #2\par \else \global \@minipagefalse \hb@xt@\hsize{\hfil\box\@tempboxa\hfil}% \fi \vskip\belowcaptionskip} \DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} \DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} \DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} \DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} \DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} \DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} \DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} \DeclareRobustCommand*\cal{\@fontswitch\relax\mathcal} \DeclareRobustCommand*\mit{\@fontswitch\relax\mathnormal} \newcommand\@pnumwidth{1.55em} \newcommand\@tocrmarg{2.55em} \newcommand\@dotsep{4.5} \setcounter{tocdepth}{3} \newcommand\tableofcontents{% \section*{\contentsname \@mkboth{% \MakeUppercase\contentsname}{\MakeUppercase\contentsname}}% \@starttoc{toc}% } \newcommand*\l@part[2]{% \ifnum \c@tocdepth >-2\relax \addpenalty\@secpenalty \addvspace{2.25em \@plus\p@}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth {\leavevmode \large \bfseries #1\hfil \hb@xt@\@pnumwidth{\hss #2}}\par \nobreak \if@compatibility \global\@nobreaktrue \everypar{\global\@nobreakfalse\everypar{}}% \fi \endgroup \fi} \newcommand*\l@section[2]{% \ifnum \c@tocdepth >\z@ \addpenalty\@secpenalty \addvspace{1.0em \@plus\p@}% \setlength\@tempdima{1.5em}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth \leavevmode \bfseries \advance\leftskip\@tempdima \hskip -\leftskip #1\nobreak\hfil \nobreak\hb@xt@\@pnumwidth{\hss #2}\par \endgroup \fi} \newcommand*\l@subsection{\@dottedtocline{2}{1.5em}{2.3em}} \newcommand*\l@subsubsection{\@dottedtocline{3}{3.8em}{3.2em}} \newcommand*\l@paragraph{\@dottedtocline{4}{7.0em}{4.1em}} \newcommand*\l@subparagraph{\@dottedtocline{5}{10em}{5em}} \newcommand\listoffigures{% \section*{\listfigurename \@mkboth{\MakeUppercase\listfigurename}% {\MakeUppercase\listfigurename}}% \@starttoc{lof}% } \newcommand*\l@figure{\@dottedtocline{1}{1.5em}{2.3em}} \newcommand\listoftables{% \section*{\listtablename \@mkboth{% \MakeUppercase\listtablename}{\MakeUppercase\listtablename}}% \@starttoc{lot}% } \let\l@table\l@figure \newdimen\bibindent \setlength\bibindent{1.5em} \newenvironment{thebibliography}[1] { \section{\refname} % \@mkboth{\MakeUppercase\refname}{\MakeUppercase\refname}}% \list{}%\@biblabel{\@arabic\c@enumiv} {\settowidth\labelwidth{\@biblabel{#1}}% \leftmargin\labelwidth \advance\leftmargin\labelsep \@openbib@code \usecounter{enumiv}% \let\p@enumiv\@empty \renewcommand\theenumiv{}}%\@arabic\c@enumiv \sloppy \clubpenalty4000 \@clubpenalty \clubpenalty \widowpenalty4000% \sfcode`\.\@m} {\def\@noitemerr {\@latex@warning{Empty `thebibliography' environment}}% \endlist} \newcommand\newblock{\hskip .11em\@plus.33em\@minus.07em} \let\@openbib@code\@empty \newenvironment{theindex} {\if@twocolumn \@restonecolfalse \else \@restonecoltrue \fi \columnseprule \z@ \columnsep 35\p@ \twocolumn[\section*{\indexname}]% \@mkboth{\MakeUppercase\indexname}% {\MakeUppercase\indexname}% \thispagestyle{plain}\parindent\z@ \parskip\z@ \@plus .3\p@\relax \let\item\@idxitem} {\if@restonecol\onecolumn\else\clearpage\fi} \newcommand\@idxitem{\par\hangindent 40\p@} \newcommand\subitem{\@idxitem \hspace*{20\p@}} \newcommand\subsubitem{\@idxitem \hspace*{30\p@}} \newcommand\indexspace{\par \vskip 10\p@ \@plus5\p@ \@minus3\p@\relax} \renewcommand\footnoterule{% \kern-3\p@ \hrule\@width.4\columnwidth \kern2.6\p@} \newcommand\@makefntext[1]{% \parindent 1em% \noindent \hb@xt@1.8em{\hss\@makefnmark}#1} \newcommand\contentsname{Contents} \newcommand\listfigurename{List of Figures} \newcommand\listtablename{List of Tables} \newcommand\refname{} \newcommand\indexname{Index} \newcommand\figurename{Figure} \newcommand\tablename{Table} \newcommand\partname{Part} \newcommand\appendixname{Appendix} \newcommand\abstractname{Abstract} \def\today{\ifcase\month\or January\or February\or March\or April\or May\or June\or July\or August\or September\or October\or November\or December\fi \space\number\day, \number\year} \setlength\columnsep{10\p@} \setlength\columnseprule{0\p@} \pagestyle{plain} \pagenumbering{arabic} \if@twoside \else \raggedbottom \fi \if@twocolumn \twocolumn \sloppy \flushbottom \else \onecolumn \fi \endinput %% %% End of file `article.cls'. \ No newline at end of file diff --git a/docs/texmf-local/tex/latex/articleNoRefHead.cls b/docs/texmf-local/tex/latex/articleNoRefHead.cls index 6c7ed7683..979b08d97 100755 --- a/docs/texmf-local/tex/latex/articleNoRefHead.cls +++ b/docs/texmf-local/tex/latex/articleNoRefHead.cls @@ -1 +1 @@ -%% %% This is file `article.cls', %% generated with the docstrip utility. %% %% The original source files were: %% %% classes.dtx (with options: `article') %% %% This is a generated file. %% %% Copyright 1993 1994 1995 1996 1997 1998 1999 %% The LaTeX3 Project and any individual authors listed elsewhere %% in this file. %% %% This file is part of the LaTeX base system. %% ------------------------------------------- %% %% It may be distributed and/or modified under the %% conditions of the LaTeX Project Public License, either version 1.1 %% of this license or (at your option) any later version. %% The latest version of this license is in %% http://www.latex-project.org/lppl.txt %% and version 1.1 or later is part of all distributions of LaTeX %% version 1999/06/01 or later. %% %% The list of all files belonging to the LaTeX base distribution is %% given in the file `manifest.txt'. See also `legal.txt' for additional %% information. %% %% \CharacterTable %% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z %% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z %% Digits \0\1\2\3\4\5\6\7\8\9 %% Exclamation \! Double quote \" Hash (number) \# %% Dollar \$ Percent \% Ampersand \& %% Acute accent \' Left paren \( Right paren \) %% Asterisk \* Plus \+ Comma \, %% Minus \- Point \. Solidus \/ %% Colon \: Semicolon \; Less than \< %% Equals \= Greater than \> Question mark \? %% Commercial at \@ Left bracket \[ Backslash \\ %% Right bracket \] Circumflex \^ Underscore \_ %% Grave accent \` Left brace \{ Vertical bar \| %% Right brace \} Tilde \~} \NeedsTeXFormat{LaTeX2e}[1995/12/01] \ProvidesClass{articleNoRefHead} [1999/01/07 v1.4a Standard LaTeX document class] \newcommand\@ptsize{} \newif\if@restonecol \newif\if@titlepage \@titlepagefalse \if@compatibility\else \DeclareOption{a4paper} {\setlength\paperheight {297mm}% \setlength\paperwidth {210mm}} \DeclareOption{a5paper} {\setlength\paperheight {210mm}% \setlength\paperwidth {148mm}} \DeclareOption{b5paper} {\setlength\paperheight {250mm}% \setlength\paperwidth {176mm}} \DeclareOption{letterpaper} {\setlength\paperheight {11in}% \setlength\paperwidth {8.5in}} \DeclareOption{legalpaper} {\setlength\paperheight {14in}% \setlength\paperwidth {8.5in}} \DeclareOption{executivepaper} {\setlength\paperheight {10.5in}% \setlength\paperwidth {7.25in}} \DeclareOption{landscape} {\setlength\@tempdima {\paperheight}% \setlength\paperheight {\paperwidth}% \setlength\paperwidth {\@tempdima}} \fi \if@compatibility \renewcommand\@ptsize{0} \else \DeclareOption{10pt}{\renewcommand\@ptsize{0}} \fi \DeclareOption{11pt}{\renewcommand\@ptsize{1}} \DeclareOption{12pt}{\renewcommand\@ptsize{2}} \if@compatibility\else \DeclareOption{oneside}{\@twosidefalse \@mparswitchfalse} \fi \DeclareOption{twoside}{\@twosidetrue \@mparswitchtrue} \DeclareOption{draft}{\setlength\overfullrule{5pt}} \if@compatibility\else \DeclareOption{final}{\setlength\overfullrule{0pt}} \fi \DeclareOption{titlepage}{\@titlepagetrue} \if@compatibility\else \DeclareOption{notitlepage}{\@titlepagefalse} \fi \if@compatibility\else \DeclareOption{onecolumn}{\@twocolumnfalse} \fi \DeclareOption{twocolumn}{\@twocolumntrue} \DeclareOption{leqno}{\input{leqno.clo}} \DeclareOption{fleqn}{\input{fleqn.clo}} \DeclareOption{openbib}{% \AtEndOfPackage{% \renewcommand\@openbib@code{% \advance\leftmargin\bibindent \itemindent -\bibindent \listparindent \itemindent \parsep \z@ }% \renewcommand\newblock{\par}}% } \ExecuteOptions{letterpaper,10pt,oneside,onecolumn,final} \ProcessOptions \input{size1\@ptsize.clo} \setlength\lineskip{1\p@} \setlength\normallineskip{1\p@} \renewcommand\baselinestretch{} \setlength\parskip{0\p@ \@plus \p@} \@lowpenalty 51 \@medpenalty 151 \@highpenalty 301 \setcounter{topnumber}{2} \renewcommand\topfraction{.7} \setcounter{bottomnumber}{1} \renewcommand\bottomfraction{.3} \setcounter{totalnumber}{3} \renewcommand\textfraction{.2} \renewcommand\floatpagefraction{.5} \setcounter{dbltopnumber}{2} \renewcommand\dbltopfraction{.7} \renewcommand\dblfloatpagefraction{.5} \if@twoside \def\ps@headings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markboth {\MakeUppercase{% \ifnum \c@secnumdepth >\z@ \thesection\quad \fi ##1}}{}}% \def\subsectionmark##1{% \markright {% \ifnum \c@secnumdepth >\@ne \thesubsection\quad \fi ##1}}} \else \def\ps@headings{% \let\@oddfoot\@empty \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markright {\MakeUppercase{% \ifnum \c@secnumdepth >\m@ne \thesection\quad \fi ##1}}}} \fi \def\ps@myheadings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\@gobbletwo \let\sectionmark\@gobble \let\subsectionmark\@gobble } \if@titlepage \newcommand\maketitle{\begin{titlepage}% \let\footnotesize\small \let\footnoterule\relax \let \footnote \thanks \null\vfil \vskip 60\p@ \begin{center}% {\LARGE \@title \par}% \vskip 3em% {\large \lineskip .75em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1.5em% {\large \@date \par}% % Set date in \large size. \end{center}\par \@thanks \vfil\null \end{titlepage}% \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \else \newcommand\maketitle{\par \begingroup \renewcommand\thefootnote{\@fnsymbol\c@footnote}% \def\@makefnmark{\rlap{\@textsuperscript{\normalfont\@thefnmark}}}% \long\def\@makefntext##1{\parindent 1em\noindent \hb@xt@1.8em{% \hss\@textsuperscript{\normalfont\@thefnmark}}##1}% \if@twocolumn \ifnum \col@number=\@ne \@maketitle \else \twocolumn[\@maketitle]% \fi \else \newpage \global\@topnum\z@ % Prevents figures from going at top of page. \@maketitle \fi \thispagestyle{plain}\@thanks \endgroup \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \def\@maketitle{% \newpage \null \vskip 2em% \begin{center}% \let \footnote \thanks {\LARGE \@title \par}% \vskip 1.5em% {\large \lineskip .5em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1em% {\large \@date}% \end{center}% \par \vskip 1.5em} \fi \setcounter{secnumdepth}{3} \newcounter {part} \newcounter {section} \newcounter {subsection}[section] \newcounter {subsubsection}[subsection] \newcounter {paragraph}[subsubsection] \newcounter {subparagraph}[paragraph] \renewcommand \thepart {\@Roman\c@part} \renewcommand \thesection {}%\@arabic\c@section} \renewcommand\thesubsection {\thesection.\@arabic\c@subsection} \renewcommand\thesubsubsection{\thesubsection .\@arabic\c@subsubsection} \renewcommand\theparagraph {\thesubsubsection.\@arabic\c@paragraph} \renewcommand\thesubparagraph {\theparagraph.\@arabic\c@subparagraph} \newcommand\part{% \if@noskipsec \leavevmode \fi \par \addvspace{4ex}% \@afterindentfalse \secdef\@part\@spart} \def\@part[#1]#2{% \ifnum \c@secnumdepth >\m@ne \refstepcounter{part}% \addcontentsline{toc}{part}{\thepart\hspace{1em}#1}% \else \addcontentsline{toc}{part}{#1}% \fi {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \ifnum \c@secnumdepth >\m@ne \Large\bfseries \partname~\thepart \par\nobreak \fi \huge \bfseries #2% \markboth{}{}\par}% \nobreak \vskip 3ex \@afterheading} \def\@spart#1{% {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \huge \bfseries #1\par}% \nobreak \vskip 3ex \@afterheading} \newcommand\section{\@startsection{section}{1}{ \z@} % {-3.5ex \@plus -1ex \@minus -.2ex}% {2.3ex \@plus.2ex}% {\normalfont\Large\bfseries}} \newcommand\subsection{\@startsection{subsection}{2}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\large\bfseries}} \newcommand\subsubsection{\@startsection{subsubsection}{3}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\normalsize\bfseries}} \newcommand\paragraph{\@startsection{paragraph}{4}{\z@}% {3.25ex \@plus1ex \@minus.2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \newcommand\subparagraph{\@startsection{subparagraph}{5}{\parindent}% {3.25ex \@plus1ex \@minus .2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \if@twocolumn \setlength\leftmargini {2em} \else \setlength\leftmargini {2.5em} \fi \leftmargin \leftmargini \setlength\leftmarginii {2.2em} \setlength\leftmarginiii {1.87em} \setlength\leftmarginiv {1.7em} \if@twocolumn \setlength\leftmarginv {.5em} \setlength\leftmarginvi {.5em} \else \setlength\leftmarginv {1em} \setlength\leftmarginvi {1em} \fi \setlength \labelsep {.5em} \setlength \labelwidth{\leftmargini} \addtolength\labelwidth{-\labelsep} \@beginparpenalty -\@lowpenalty \@endparpenalty -\@lowpenalty \@itempenalty -\@lowpenalty \renewcommand\theenumi{\@arabic\c@enumi} \renewcommand\theenumii{\@alph\c@enumii} \renewcommand\theenumiii{\@roman\c@enumiii} \renewcommand\theenumiv{\@Alph\c@enumiv} \newcommand\labelenumi{\theenumi.} \newcommand\labelenumii{(\theenumii)} \newcommand\labelenumiii{\theenumiii.} \newcommand\labelenumiv{\theenumiv.} \renewcommand\p@enumii{\theenumi} \renewcommand\p@enumiii{\theenumi(\theenumii)} \renewcommand\p@enumiv{\p@enumiii\theenumiii} \newcommand\labelitemi{\textbullet} \newcommand\labelitemii{\normalfont\bfseries \textendash} \newcommand\labelitemiii{\textasteriskcentered} \newcommand\labelitemiv{\textperiodcentered} \newenvironment{description} {\list{}{\labelwidth\z@ \itemindent-\leftmargin \let\makelabel\descriptionlabel}} {\endlist} \newcommand*\descriptionlabel[1]{\hspace\labelsep \normalfont\bfseries #1} \if@titlepage \newenvironment{abstract}{% \titlepage \null\vfil \@beginparpenalty\@lowpenalty \begin{center}% \bfseries \abstractname \@endparpenalty\@M \end{center}}% {\par\vfil\null\endtitlepage} \else \newenvironment{abstract}{% \if@twocolumn \section*{\abstractname}% \else \small \begin{center}% {\bfseries \abstractname\vspace{-.5em}\vspace{\z@}}% \end{center}% \quotation \fi} {\if@twocolumn\else\endquotation\fi} \fi \newenvironment{verse} {\let\\\@centercr \list{}{\itemsep \z@ \itemindent -1.5em% \listparindent\itemindent \rightmargin \leftmargin \advance\leftmargin 1.5em}% \item\relax} {\endlist} \newenvironment{quotation} {\list{}{\listparindent 1.5em% \itemindent \listparindent \rightmargin \leftmargin \parsep \z@ \@plus\p@}% \item\relax} {\endlist} \newenvironment{quote} {\list{}{\rightmargin\leftmargin}% \item\relax} {\endlist} \if@compatibility \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\z@ }% {\if@restonecol\twocolumn \else \newpage \fi } \else \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\@ne }% {\if@restonecol\twocolumn \else \newpage \fi \if@twoside\else \setcounter{page}\@ne \fi } \fi \newcommand\appendix{\par \setcounter{section}{0}% \setcounter{subsection}{0}% \gdef\thesection{\@Alph\c@section}} \setlength\arraycolsep{5\p@} \setlength\tabcolsep{6\p@} \setlength\arrayrulewidth{.4\p@} \setlength\doublerulesep{2\p@} \setlength\tabbingsep{\labelsep} \skip\@mpfootins = \skip\footins \setlength\fboxsep{3\p@} \setlength\fboxrule{.4\p@} \renewcommand \theequation {\@arabic\c@equation} \newcounter{figure} \renewcommand \thefigure {\@arabic\c@figure} \def\fps@figure{tbp} \def\ftype@figure{1} \def\ext@figure{lof} \def\fnum@figure{\figurename~\thefigure} \newenvironment{figure} {\@float{figure}} {\end@float} \newenvironment{figure*} {\@dblfloat{figure}} {\end@dblfloat} \newcounter{table} \renewcommand\thetable{\@arabic\c@table} \def\fps@table{tbp} \def\ftype@table{2} \def\ext@table{lot} \def\fnum@table{\tablename~\thetable} \newenvironment{table} {\@float{table}} {\end@float} \newenvironment{table*} {\@dblfloat{table}} {\end@dblfloat} \newlength\abovecaptionskip \newlength\belowcaptionskip \setlength\abovecaptionskip{10\p@} \setlength\belowcaptionskip{0\p@} \long\def\@makecaption#1#2{% \vskip\abovecaptionskip \sbox\@tempboxa{#1: #2}% \ifdim \wd\@tempboxa >\hsize #1: #2\par \else \global \@minipagefalse \hb@xt@\hsize{\hfil\box\@tempboxa\hfil}% \fi \vskip\belowcaptionskip} \DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} \DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} \DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} \DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} \DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} \DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} \DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} \DeclareRobustCommand*\cal{\@fontswitch\relax\mathcal} \DeclareRobustCommand*\mit{\@fontswitch\relax\mathnormal} \newcommand\@pnumwidth{1.55em} \newcommand\@tocrmarg{2.55em} \newcommand\@dotsep{4.5} \setcounter{tocdepth}{3} \newcommand\tableofcontents{% \section*{\contentsname \@mkboth{% \MakeUppercase\contentsname}{\MakeUppercase\contentsname}}% \@starttoc{toc}% } \newcommand*\l@part[2]{% \ifnum \c@tocdepth >-2\relax \addpenalty\@secpenalty \addvspace{2.25em \@plus\p@}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth {\leavevmode \large \bfseries #1\hfil \hb@xt@\@pnumwidth{\hss #2}}\par \nobreak \if@compatibility \global\@nobreaktrue \everypar{\global\@nobreakfalse\everypar{}}% \fi \endgroup \fi} \newcommand*\l@section[2]{% \ifnum \c@tocdepth >\z@ \addpenalty\@secpenalty \addvspace{1.0em \@plus\p@}% \setlength\@tempdima{1.5em}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth \leavevmode \bfseries \advance\leftskip\@tempdima \hskip -\leftskip #1\nobreak\hfil \nobreak\hb@xt@\@pnumwidth{\hss #2}\par \endgroup \fi} \newcommand*\l@subsection{\@dottedtocline{2}{1.5em}{2.3em}} \newcommand*\l@subsubsection{\@dottedtocline{3}{3.8em}{3.2em}} \newcommand*\l@paragraph{\@dottedtocline{4}{7.0em}{4.1em}} \newcommand*\l@subparagraph{\@dottedtocline{5}{10em}{5em}} \newcommand\listoffigures{% \section*{\listfigurename \@mkboth{\MakeUppercase\listfigurename}% {\MakeUppercase\listfigurename}}% \@starttoc{lof}% } \newcommand*\l@figure{\@dottedtocline{1}{1.5em}{2.3em}} \newcommand\listoftables{% \section*{\listtablename \@mkboth{% \MakeUppercase\listtablename}{\MakeUppercase\listtablename}}% \@starttoc{lot}% } \let\l@table\l@figure \newdimen\bibindent \setlength\bibindent{1.5em} \newenvironment{thebibliography}[1] { \section{\refname} % \@mkboth{\MakeUppercase\refname}{\MakeUppercase\refname}}% \list{}%\@biblabel{\@arabic\c@enumiv} {\settowidth\labelwidth{\@biblabel{#1}}% \leftmargin\labelwidth \advance\leftmargin\labelsep \@openbib@code \usecounter{enumiv}% \let\p@enumiv\@empty \renewcommand\theenumiv{}}%\@arabic\c@enumiv \sloppy \clubpenalty4000 \@clubpenalty \clubpenalty \widowpenalty4000% \sfcode`\.\@m} {\def\@noitemerr {\@latex@warning{Empty `thebibliography' environment}}% \endlist} \newcommand\newblock{\hskip .11em\@plus.33em\@minus.07em} \let\@openbib@code\@empty \newenvironment{theindex} {\if@twocolumn \@restonecolfalse \else \@restonecoltrue \fi \columnseprule \z@ \columnsep 35\p@ \twocolumn[\section*{\indexname}]% \@mkboth{\MakeUppercase\indexname}% {\MakeUppercase\indexname}% \thispagestyle{plain}\parindent\z@ \parskip\z@ \@plus .3\p@\relax \let\item\@idxitem} {\if@restonecol\onecolumn\else\clearpage\fi} \newcommand\@idxitem{\par\hangindent 40\p@} \newcommand\subitem{\@idxitem \hspace*{20\p@}} \newcommand\subsubitem{\@idxitem \hspace*{30\p@}} \newcommand\indexspace{\par \vskip 10\p@ \@plus5\p@ \@minus3\p@\relax} \renewcommand\footnoterule{% \kern-3\p@ \hrule\@width.4\columnwidth \kern2.6\p@} \newcommand\@makefntext[1]{% \parindent 1em% \noindent \hb@xt@1.8em{\hss\@makefnmark}#1} \newcommand\contentsname{Contents} \newcommand\listfigurename{List of Figures} \newcommand\listtablename{List of Tables} \newcommand\refname{} \newcommand\indexname{Index} \newcommand\figurename{Figure} \newcommand\tablename{Table} \newcommand\partname{Part} \newcommand\appendixname{Appendix} \newcommand\abstractname{Abstract} \def\today{\ifcase\month\or January\or February\or March\or April\or May\or June\or July\or August\or September\or October\or November\or December\fi \space\number\day, \number\year} \setlength\columnsep{10\p@} \setlength\columnseprule{0\p@} \pagestyle{plain} \pagenumbering{arabic} \if@twoside \else \raggedbottom \fi \if@twocolumn \twocolumn \sloppy \flushbottom \else \onecolumn \fi \endinput %% %% End of file `article.cls'. +%% %% This is file `article.cls', %% generated with the docstrip utility. %% %% The original source files were: %% %% classes.dtx (with options: `article') %% %% This is a generated file. %% %% Copyright 1993 1994 1995 1996 1997 1998 1999 %% The LaTeX3 Project and any individual authors listed elsewhere %% in this file. %% %% This file is part of the LaTeX base system. %% ------------------------------------------- %% %% It may be distributed and/or modified under the %% conditions of the LaTeX Project Public License, either version 1.1 %% of this license or (at your option) any later version. %% The latest version of this license is in %% http://www.latex-project.org/lppl.txt %% and version 1.1 or later is part of all distributions of LaTeX %% version 1999/06/01 or later. %% %% The list of all files belonging to the LaTeX base distribution is %% given in the file `manifest.txt'. See also `legal.txt' for additional %% information. %% %% \CharacterTable %% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z %% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z %% Digits \0\1\2\3\4\5\6\7\8\9 %% Exclamation \! Double quote \" Hash (number) \# %% Dollar \$ Percent \% Ampersand \& %% Acute accent \' Left paren \( Right paren \) %% Asterisk \* Plus \+ Comma \, %% Minus \- Point \. Solidus \/ %% Colon \: Semicolon \; Less than \< %% Equals \= Greater than \> Question mark \? %% Commercial at \@ Left bracket \[ Backslash \\ %% Right bracket \] Circumflex \^ Underscore \_ %% Grave accent \` Left brace \{ Vertical bar \| %% Right brace \} Tilde \~} \NeedsTeXFormat{LaTeX2e}[1995/12/01] \ProvidesClass{articleNoRefHead} [1999/01/07 v1.4a Standard LaTeX document class] \newcommand\@ptsize{} \newif\if@restonecol \newif\if@titlepage \@titlepagefalse \if@compatibility\else \DeclareOption{a4paper} {\setlength\paperheight {297mm}% \setlength\paperwidth {210mm}} \DeclareOption{a5paper} {\setlength\paperheight {210mm}% \setlength\paperwidth {148mm}} \DeclareOption{b5paper} {\setlength\paperheight {250mm}% \setlength\paperwidth {176mm}} \DeclareOption{letterpaper} {\setlength\paperheight {11in}% \setlength\paperwidth {8.5in}} \DeclareOption{legalpaper} {\setlength\paperheight {14in}% \setlength\paperwidth {8.5in}} \DeclareOption{executivepaper} {\setlength\paperheight {10.5in}% \setlength\paperwidth {7.25in}} \DeclareOption{landscape} {\setlength\@tempdima {\paperheight}% \setlength\paperheight {\paperwidth}% \setlength\paperwidth {\@tempdima}} \fi \if@compatibility \renewcommand\@ptsize{0} \else \DeclareOption{10pt}{\renewcommand\@ptsize{0}} \fi \DeclareOption{11pt}{\renewcommand\@ptsize{1}} \DeclareOption{12pt}{\renewcommand\@ptsize{2}} \if@compatibility\else \DeclareOption{oneside}{\@twosidefalse \@mparswitchfalse} \fi \DeclareOption{twoside}{\@twosidetrue \@mparswitchtrue} \DeclareOption{draft}{\setlength\overfullrule{5pt}} \if@compatibility\else \DeclareOption{final}{\setlength\overfullrule{0pt}} \fi \DeclareOption{titlepage}{\@titlepagetrue} \if@compatibility\else \DeclareOption{notitlepage}{\@titlepagefalse} \fi \if@compatibility\else \DeclareOption{onecolumn}{\@twocolumnfalse} \fi \DeclareOption{twocolumn}{\@twocolumntrue} \DeclareOption{leqno}{\input{leqno.clo}} \DeclareOption{fleqn}{\input{fleqn.clo}} \DeclareOption{openbib}{% \AtEndOfPackage{% \renewcommand\@openbib@code{% \advance\leftmargin\bibindent \itemindent -\bibindent \listparindent \itemindent \parsep \z@ }% \renewcommand\newblock{\par}}% } \ExecuteOptions{letterpaper,10pt,oneside,onecolumn,final} \ProcessOptions \input{size1\@ptsize.clo} \setlength\lineskip{1\p@} \setlength\normallineskip{1\p@} \renewcommand\baselinestretch{} \setlength\parskip{0\p@ \@plus \p@} \@lowpenalty 51 \@medpenalty 151 \@highpenalty 301 \setcounter{topnumber}{2} \renewcommand\topfraction{.7} \setcounter{bottomnumber}{1} \renewcommand\bottomfraction{.3} \setcounter{totalnumber}{3} \renewcommand\textfraction{.2} \renewcommand\floatpagefraction{.5} \setcounter{dbltopnumber}{2} \renewcommand\dbltopfraction{.7} \renewcommand\dblfloatpagefraction{.5} \if@twoside \def\ps@headings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markboth {\MakeUppercase{% \ifnum \c@secnumdepth >\z@ \thesection\quad \fi ##1}}{}}% \def\subsectionmark##1{% \markright {% \ifnum \c@secnumdepth >\@ne \thesubsection\quad \fi ##1}}} \else \def\ps@headings{% \let\@oddfoot\@empty \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markright {\MakeUppercase{% \ifnum \c@secnumdepth >\m@ne \thesection\quad \fi ##1}}}} \fi \def\ps@myheadings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\@gobbletwo \let\sectionmark\@gobble \let\subsectionmark\@gobble } \if@titlepage \newcommand\maketitle{\begin{titlepage}% \let\footnotesize\small \let\footnoterule\relax \let \footnote \thanks \null\vfil \vskip 60\p@ \begin{center}% {\LARGE \@title \par}% \vskip 3em% {\large \lineskip .75em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1.5em% {\large \@date \par}% % Set date in \large size. \end{center}\par \@thanks \vfil\null \end{titlepage}% \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \else \newcommand\maketitle{\par \begingroup \renewcommand\thefootnote{\@fnsymbol\c@footnote}% \def\@makefnmark{\rlap{\@textsuperscript{\normalfont\@thefnmark}}}% \long\def\@makefntext##1{\parindent 1em\noindent \hb@xt@1.8em{% \hss\@textsuperscript{\normalfont\@thefnmark}}##1}% \if@twocolumn \ifnum \col@number=\@ne \@maketitle \else \twocolumn[\@maketitle]% \fi \else \newpage \global\@topnum\z@ % Prevents figures from going at top of page. \@maketitle \fi \thispagestyle{plain}\@thanks \endgroup \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \def\@maketitle{% \newpage \null \vskip 2em% \begin{center}% \let \footnote \thanks {\LARGE \@title \par}% \vskip 1.5em% {\large \lineskip .5em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1em% {\large \@date}% \end{center}% \par \vskip 1.5em} \fi \setcounter{secnumdepth}{3} \newcounter {part} \newcounter {section} \newcounter {subsection}[section] \newcounter {subsubsection}[subsection] \newcounter {paragraph}[subsubsection] \newcounter {subparagraph}[paragraph] \renewcommand \thepart {\@Roman\c@part} \renewcommand \thesection {}%\@arabic\c@section} \renewcommand\thesubsection {\thesection.\@arabic\c@subsection} \renewcommand\thesubsubsection{\thesubsection .\@arabic\c@subsubsection} \renewcommand\theparagraph {\thesubsubsection.\@arabic\c@paragraph} \renewcommand\thesubparagraph {\theparagraph.\@arabic\c@subparagraph} \newcommand\part{% \if@noskipsec \leavevmode \fi \par \addvspace{4ex}% \@afterindentfalse \secdef\@part\@spart} \def\@part[#1]#2{% \ifnum \c@secnumdepth >\m@ne \refstepcounter{part}% \addcontentsline{toc}{part}{\thepart\hspace{1em}#1}% \else \addcontentsline{toc}{part}{#1}% \fi {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \ifnum \c@secnumdepth >\m@ne \Large\bfseries \partname~\thepart \par\nobreak \fi \huge \bfseries #2% \markboth{}{}\par}% \nobreak \vskip 3ex \@afterheading} \def\@spart#1{% {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \huge \bfseries #1\par}% \nobreak \vskip 3ex \@afterheading} \newcommand\section{\@startsection{section}{1}{ \z@} % {-3.5ex \@plus -1ex \@minus -.2ex}% {2.3ex \@plus.2ex}% {\normalfont\Large\bfseries}} \newcommand\subsection{\@startsection{subsection}{2}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\large\bfseries}} \newcommand\subsubsection{\@startsection{subsubsection}{3}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\normalsize\bfseries}} \newcommand\paragraph{\@startsection{paragraph}{4}{\z@}% {3.25ex \@plus1ex \@minus.2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \newcommand\subparagraph{\@startsection{subparagraph}{5}{\parindent}% {3.25ex \@plus1ex \@minus .2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \if@twocolumn \setlength\leftmargini {2em} \else \setlength\leftmargini {2.5em} \fi \leftmargin \leftmargini \setlength\leftmarginii {2.2em} \setlength\leftmarginiii {1.87em} \setlength\leftmarginiv {1.7em} \if@twocolumn \setlength\leftmarginv {.5em} \setlength\leftmarginvi {.5em} \else \setlength\leftmarginv {1em} \setlength\leftmarginvi {1em} \fi \setlength \labelsep {.5em} \setlength \labelwidth{\leftmargini} \addtolength\labelwidth{-\labelsep} \@beginparpenalty -\@lowpenalty \@endparpenalty -\@lowpenalty \@itempenalty -\@lowpenalty \renewcommand\theenumi{\@arabic\c@enumi} \renewcommand\theenumii{\@alph\c@enumii} \renewcommand\theenumiii{\@roman\c@enumiii} \renewcommand\theenumiv{\@Alph\c@enumiv} \newcommand\labelenumi{\theenumi.} \newcommand\labelenumii{(\theenumii)} \newcommand\labelenumiii{\theenumiii.} \newcommand\labelenumiv{\theenumiv.} \renewcommand\p@enumii{\theenumi} \renewcommand\p@enumiii{\theenumi(\theenumii)} \renewcommand\p@enumiv{\p@enumiii\theenumiii} \newcommand\labelitemi{\textbullet} \newcommand\labelitemii{\normalfont\bfseries \textendash} \newcommand\labelitemiii{\textasteriskcentered} \newcommand\labelitemiv{\textperiodcentered} \newenvironment{description} {\list{}{\labelwidth\z@ \itemindent-\leftmargin \let\makelabel\descriptionlabel}} {\endlist} \newcommand*\descriptionlabel[1]{\hspace\labelsep \normalfont\bfseries #1} \if@titlepage \newenvironment{abstract}{% \titlepage \null\vfil \@beginparpenalty\@lowpenalty \begin{center}% \bfseries \abstractname \@endparpenalty\@M \end{center}}% {\par\vfil\null\endtitlepage} \else \newenvironment{abstract}{% \if@twocolumn \section*{\abstractname}% \else \small \begin{center}% {\bfseries \abstractname\vspace{-.5em}\vspace{\z@}}% \end{center}% \quotation \fi} {\if@twocolumn\else\endquotation\fi} \fi \newenvironment{verse} {\let\\\@centercr \list{}{\itemsep \z@ \itemindent -1.5em% \listparindent\itemindent \rightmargin \leftmargin \advance\leftmargin 1.5em}% \item\relax} {\endlist} \newenvironment{quotation} {\list{}{\listparindent 1.5em% \itemindent \listparindent \rightmargin \leftmargin \parsep \z@ \@plus\p@}% \item\relax} {\endlist} \newenvironment{quote} {\list{}{\rightmargin\leftmargin}% \item\relax} {\endlist} \if@compatibility \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\z@ }% {\if@restonecol\twocolumn \else \newpage \fi } \else \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\@ne }% {\if@restonecol\twocolumn \else \newpage \fi \if@twoside\else \setcounter{page}\@ne \fi } \fi \newcommand\appendix{\par \setcounter{section}{0}% \setcounter{subsection}{0}% \gdef\thesection{\@Alph\c@section}} \setlength\arraycolsep{5\p@} \setlength\tabcolsep{6\p@} \setlength\arrayrulewidth{.4\p@} \setlength\doublerulesep{2\p@} \setlength\tabbingsep{\labelsep} \skip\@mpfootins = \skip\footins \setlength\fboxsep{3\p@} \setlength\fboxrule{.4\p@} \renewcommand \theequation {\@arabic\c@equation} \newcounter{figure} \renewcommand \thefigure {\@arabic\c@figure} \def\fps@figure{tbp} \def\ftype@figure{1} \def\ext@figure{lof} \def\fnum@figure{\figurename~\thefigure} \newenvironment{figure} {\@float{figure}} {\end@float} \newenvironment{figure*} {\@dblfloat{figure}} {\end@dblfloat} \newcounter{table} \renewcommand\thetable{\@arabic\c@table} \def\fps@table{tbp} \def\ftype@table{2} \def\ext@table{lot} \def\fnum@table{\tablename~\thetable} \newenvironment{table} {\@float{table}} {\end@float} \newenvironment{table*} {\@dblfloat{table}} {\end@dblfloat} \newlength\abovecaptionskip \newlength\belowcaptionskip \setlength\abovecaptionskip{10\p@} \setlength\belowcaptionskip{0\p@} \long\def\@makecaption#1#2{% \vskip\abovecaptionskip \sbox\@tempboxa{#1: #2}% \ifdim \wd\@tempboxa >\hsize #1: #2\par \else \global \@minipagefalse \hb@xt@\hsize{\hfil\box\@tempboxa\hfil}% \fi \vskip\belowcaptionskip} \DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} \DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} \DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} \DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} \DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} \DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} \DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} \DeclareRobustCommand*\cal{\@fontswitch\relax\mathcal} \DeclareRobustCommand*\mit{\@fontswitch\relax\mathnormal} \newcommand\@pnumwidth{1.55em} \newcommand\@tocrmarg{2.55em} \newcommand\@dotsep{4.5} \setcounter{tocdepth}{3} \newcommand\tableofcontents{% \section*{\contentsname \@mkboth{% \MakeUppercase\contentsname}{\MakeUppercase\contentsname}}% \@starttoc{toc}% } \newcommand*\l@part[2]{% \ifnum \c@tocdepth >-2\relax \addpenalty\@secpenalty \addvspace{2.25em \@plus\p@}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth {\leavevmode \large \bfseries #1\hfil \hb@xt@\@pnumwidth{\hss #2}}\par \nobreak \if@compatibility \global\@nobreaktrue \everypar{\global\@nobreakfalse\everypar{}}% \fi \endgroup \fi} \newcommand*\l@section[2]{% \ifnum \c@tocdepth >\z@ \addpenalty\@secpenalty \addvspace{1.0em \@plus\p@}% \setlength\@tempdima{1.5em}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth \leavevmode \bfseries \advance\leftskip\@tempdima \hskip -\leftskip #1\nobreak\hfil \nobreak\hb@xt@\@pnumwidth{\hss #2}\par \endgroup \fi} \newcommand*\l@subsection{\@dottedtocline{2}{1.5em}{2.3em}} \newcommand*\l@subsubsection{\@dottedtocline{3}{3.8em}{3.2em}} \newcommand*\l@paragraph{\@dottedtocline{4}{7.0em}{4.1em}} \newcommand*\l@subparagraph{\@dottedtocline{5}{10em}{5em}} \newcommand\listoffigures{% \section*{\listfigurename \@mkboth{\MakeUppercase\listfigurename}% {\MakeUppercase\listfigurename}}% \@starttoc{lof}% } \newcommand*\l@figure{\@dottedtocline{1}{1.5em}{2.3em}} \newcommand\listoftables{% \section*{\listtablename \@mkboth{% \MakeUppercase\listtablename}{\MakeUppercase\listtablename}}% \@starttoc{lot}% } \let\l@table\l@figure \newdimen\bibindent \setlength\bibindent{1.5em} \newenvironment{thebibliography}[1] { \section{\refname} % \@mkboth{\MakeUppercase\refname}{\MakeUppercase\refname}}% \list{}%\@biblabel{\@arabic\c@enumiv} {\settowidth\labelwidth{\@biblabel{#1}}% \leftmargin\labelwidth \advance\leftmargin\labelsep \@openbib@code \usecounter{enumiv}% \let\p@enumiv\@empty \renewcommand\theenumiv{}}%\@arabic\c@enumiv \sloppy \clubpenalty4000 \@clubpenalty \clubpenalty \widowpenalty4000% \sfcode`\.\@m} {\def\@noitemerr {\@latex@warning{Empty `thebibliography' environment}}% \endlist} \newcommand\newblock{\hskip .11em\@plus.33em\@minus.07em} \let\@openbib@code\@empty \newenvironment{theindex} {\if@twocolumn \@restonecolfalse \else \@restonecoltrue \fi \columnseprule \z@ \columnsep 35\p@ \twocolumn[\section*{\indexname}]% \@mkboth{\MakeUppercase\indexname}% {\MakeUppercase\indexname}% \thispagestyle{plain}\parindent\z@ \parskip\z@ \@plus .3\p@\relax \let\item\@idxitem} {\if@restonecol\onecolumn\else\clearpage\fi} \newcommand\@idxitem{\par\hangindent 40\p@} \newcommand\subitem{\@idxitem \hspace*{20\p@}} \newcommand\subsubitem{\@idxitem \hspace*{30\p@}} \newcommand\indexspace{\par \vskip 10\p@ \@plus5\p@ \@minus3\p@\relax} \renewcommand\footnoterule{% \kern-3\p@ \hrule\@width.4\columnwidth \kern2.6\p@} \newcommand\@makefntext[1]{% \parindent 1em% \noindent \hb@xt@1.8em{\hss\@makefnmark}#1} \newcommand\contentsname{Contents} \newcommand\listfigurename{List of Figures} \newcommand\listtablename{List of Tables} \newcommand\refname{} \newcommand\indexname{Index} \newcommand\figurename{Figure} \newcommand\tablename{Table} \newcommand\partname{Part} \newcommand\appendixname{Appendix} \newcommand\abstractname{Abstract} \def\today{\ifcase\month\or January\or February\or March\or April\or May\or June\or July\or August\or September\or October\or November\or December\fi \space\number\day, \number\year} \setlength\columnsep{10\p@} \setlength\columnseprule{0\p@} \pagestyle{plain} \pagenumbering{arabic} \if@twoside \else \raggedbottom \fi \if@twocolumn \twocolumn \sloppy \flushbottom \else \onecolumn \fi \endinput %% %% End of file `article.cls'. \ No newline at end of file diff --git a/docs/texmf-local/tex/latex/printvrb.sty b/docs/texmf-local/tex/latex/printvrb.sty index b8757b3d4..b3a1d65d7 100755 --- a/docs/texmf-local/tex/latex/printvrb.sty +++ b/docs/texmf-local/tex/latex/printvrb.sty @@ -109,4 +109,4 @@ no fragment {\tt ==> #1 <==} maybe run LaTeX on source file again?)\vskip12pt\el \ifnamesinmargin \vskip1sp\noindent\llap{\vtop to 0pt{\hbox{\tt #1\hskip4pt==>\ }\vss}}\fi% \csname #1\endcsname\fi -} +} diff --git a/pyproject.toml b/pyproject.toml index 4e47daf31..e919bdcdb 100644 --- a/pyproject.toml +++ b/pyproject.toml @@ -1,13 +1,11 @@ [build-system] -requires = ["hatchling", "hatch-vcs"] +requires = ["hatchling", "hatch-vcs", "hatch-requirements-txt"] build-backend = "hatchling.build" [project] name = "HARK" -authors = [ - { name = "Econ-ARK Team", email = "econ-ark@jhuecon.org" }, -] +authors = [{ name = "Econ-ARK Team", email = "econ-ark@jhuecon.org" }] description = "Heterogeneous Agents Resources and toolKit" keywords = ["economics", "modelling", "modeling", "heterogeneity"] readme = "README.md" @@ -34,36 +32,15 @@ classifiers = [ "Topic :: Other/Nonlisted Topic", "Typing :: Typed", ] -dynamic = ["version"] -dependencies = [] +dynamic = ["version", "dependencies", "optional-dependencies"] -[project.optional-dependencies] -test = [ - "pytest >=6", - "pytest-cov >=3", -] -dev = [ - "pytest >=6", - "pytest-cov >=3", -] -docs = [ - "sphinx>=7.0", - "myst_parser>=0.13", - "sphinx_copybutton", - "sphinx_autodoc_typehints", - "furo>=2023.08.17", - # extension requirements - "ipython", # for the Pygments lexer - "myst-parser>=2", - "nbsphinx>=0.8", - # theme requirements - "pydata-sphinx-theme", - "sphinx>=6.1", - "sphinx-copybutton", - "sphinx-design", - "numpy", - "pandas" -] +[tool.hatch.metadata.hooks.requirements_txt] +files = ["requirements/base.txt"] + +[tool.hatch.metadata.hooks.requirements_txt.optional-dependencies] +docs = ["requirements/doc.txt"] +test = ["requirements/dev.txt"] +dev = ["requirements/dev.txt"] [project.urls] Homepage = "https://github.com/econ-ark/HARK" @@ -86,21 +63,14 @@ scripts.test = "pytest {args}" minversion = "6.0" addopts = ["-ra", "--showlocals", "--strict-markers", "--strict-config"] xfail_strict = true -filterwarnings = [ - "error", -] +filterwarnings = ["error"] log_cli_level = "INFO" -testpaths = [ - "tests", -] +testpaths = ["tests"] [tool.coverage] run.source = ["HARK"] -report.exclude_also = [ - '\.\.\.', - 'if typing.TYPE_CHECKING:', -] +report.exclude_also = ['\.\.\.', 'if typing.TYPE_CHECKING:'] [tool.mypy] files = ["src", "tests"] @@ -122,32 +92,32 @@ disallow_incomplete_defs = true [tool.ruff.lint] extend-select = [ - "B", # flake8-bugbear - "I", # isort - "ARG", # flake8-unused-arguments - "C4", # flake8-comprehensions - "EM", # flake8-errmsg - "ICN", # flake8-import-conventions - "G", # flake8-logging-format - "PGH", # pygrep-hooks - "PIE", # flake8-pie - "PL", # pylint - "PT", # flake8-pytest-style - "PTH", # flake8-use-pathlib - "RET", # flake8-return - "RUF", # Ruff-specific - "SIM", # flake8-simplify - "T20", # flake8-print - "UP", # pyupgrade - "YTT", # flake8-2020 - "EXE", # flake8-executable - "NPY", # NumPy specific rules - "PD", # pandas-vet + "B", # flake8-bugbear + "I", # isort + "ARG", # flake8-unused-arguments + "C4", # flake8-comprehensions + "EM", # flake8-errmsg + "ICN", # flake8-import-conventions + "G", # flake8-logging-format + "PGH", # pygrep-hooks + "PIE", # flake8-pie + "PL", # pylint + "PT", # flake8-pytest-style + "PTH", # flake8-use-pathlib + "RET", # flake8-return + "RUF", # Ruff-specific + "SIM", # flake8-simplify + "T20", # flake8-print + "UP", # pyupgrade + "YTT", # flake8-2020 + "EXE", # flake8-executable + "NPY", # NumPy specific rules + "PD", # pandas-vet ] ignore = [ - "PLR09", # Too many <...> - "PLR2004", # Magic value used in comparison - "ISC001", # Conflicts with formatter + "PLR09", # Too many <...> + "PLR2004", # Magic value used in comparison + "ISC001", # Conflicts with formatter ] isort.required-imports = ["from __future__ import annotations"] # Uncomment if using a _compat.typing backport diff --git a/src/HARK/models/consumer.yaml b/src/HARK/models/consumer.yaml index a7a315e45..ff675a22d 100644 --- a/src/HARK/models/consumer.yaml +++ b/src/HARK/models/consumer.yaml @@ -3,41 +3,41 @@ # calibration: - DiscFac: 0.96 - CRRA: 2.0 - R: 1.03 # can be overriden by portfolio dynamics - Rfree: 1.03 - EqP: 0.02 - LivPrb: 0.98 - PermGroFac: 1.01 - BoroCnstArt: None - TranShkStd: 0.1 - RiskyStd: 0.1 + DiscFac: 0.96 + CRRA: 2.0 + R: 1.03 # can be overriden by portfolio dynamics + Rfree: 1.03 + EqP: 0.02 + LivPrb: 0.98 + PermGroFac: 1.01 + BoroCnstArt: None + TranShkStd: 0.1 + RiskyStd: 0.1 blocks: - - &cons_normalized - name: consumption normalized - shocks: - live: !Bernoulli - p: LivPrb - theta: !MeanOneLogNormal - sigma: TranShkStd - dynamics: - b: k * R / PermGroFac - m: b + theta - c: !Control - info: m - a: m - c + - &cons_normalized + name: consumption normalized + shocks: + live: !Bernoulli + p: LivPrb + theta: !MeanOneLogNormal + sigma: TranShkStd + dynamics: + b: k * R / PermGroFac + m: b + theta + c: !Control + info: m + a: m - c - reward: - u: c ** (1 - CRRA) / (1 - CRRA) - - &portfolio_choice - name: portfolio choice - shocks: - risky_return: !Lognormal - mean: Rfree + EqP - std: RiskyStd - dynamics: - stigma: !Control - info: a - R: Rfree + (risky_return - Rfree) * stigma + reward: + u: c ** (1 - CRRA) / (1 - CRRA) + - &portfolio_choice + name: portfolio choice + shocks: + risky_return: !Lognormal + mean: Rfree + EqP + std: RiskyStd + dynamics: + stigma: !Control + info: a + R: Rfree + (risky_return - Rfree) * stigma From 930be4b6da08c3dc810d723a2bfa713ca294b995 Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Tue, 19 Nov 2024 17:04:55 -0500 Subject: [PATCH 08/23] doc to docs --- .github/workflows/documentation.yml | 4 ++-- pyproject.toml | 2 +- requirements/{doc.txt => docs.txt} | 0 3 files changed, 3 insertions(+), 3 deletions(-) rename requirements/{doc.txt => docs.txt} (100%) diff --git a/.github/workflows/documentation.yml b/.github/workflows/documentation.yml index e373d977a..e40af374c 100644 --- a/.github/workflows/documentation.yml +++ b/.github/workflows/documentation.yml @@ -35,7 +35,7 @@ jobs: cache: "pip" cache-dependency-path: | requirements/base.txt - requirements/doc.txt + requirements/docs.txt - name: Install Pandoc run: sudo apt-get install --yes pandoc @@ -44,7 +44,7 @@ jobs: run: python -m pip install --upgrade pip - name: Install HARK - run: python -m pip install .[doc] + run: python -m pip install .[docs] - name: Run Sphinx run: > diff --git a/pyproject.toml b/pyproject.toml index e919bdcdb..9849de412 100644 --- a/pyproject.toml +++ b/pyproject.toml @@ -38,7 +38,7 @@ dynamic = ["version", "dependencies", "optional-dependencies"] files = ["requirements/base.txt"] [tool.hatch.metadata.hooks.requirements_txt.optional-dependencies] -docs = ["requirements/doc.txt"] +docs = ["requirements/docs.txt"] test = ["requirements/dev.txt"] dev = ["requirements/dev.txt"] diff --git a/requirements/doc.txt b/requirements/docs.txt similarity index 100% rename from requirements/doc.txt rename to requirements/docs.txt From ddde4e76d0dc5a9e71e021a6b4679235e4a79f8c Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Tue, 19 Nov 2024 17:07:54 -0500 Subject: [PATCH 09/23] autodoc --- requirements/docs.txt | 1 + 1 file changed, 1 insertion(+) diff --git a/requirements/docs.txt b/requirements/docs.txt index a2717f479..33eeaedba 100644 --- a/requirements/docs.txt +++ b/requirements/docs.txt @@ -3,6 +3,7 @@ ipython # for the Pygments lexer myst-parser>=2 nbsphinx>=0.8 +sphinx_autodoc_typehints # theme requirements pydata-sphinx-theme From 75c157253567cbb900b19786d4c730583ebe9da3 Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Tue, 19 Nov 2024 20:00:19 -0500 Subject: [PATCH 10/23] Update Python versions and runs-on platforms in CI workflow --- .github/workflows/ci.yml | 2 +- .github/workflows/documentation.yml | 2 +- 2 files changed, 2 insertions(+), 2 deletions(-) diff --git a/.github/workflows/ci.yml b/.github/workflows/ci.yml index 98cc7c240..9fc6adecf 100644 --- a/.github/workflows/ci.yml +++ b/.github/workflows/ci.yml @@ -40,7 +40,7 @@ jobs: strategy: fail-fast: false matrix: - python-version: ["3.8", "3.13"] + python-version: ["3.10", "3.12"] runs-on: [ubuntu-latest, windows-latest, macos-14] include: diff --git a/.github/workflows/documentation.yml b/.github/workflows/documentation.yml index e40af374c..382328025 100644 --- a/.github/workflows/documentation.yml +++ b/.github/workflows/documentation.yml @@ -48,7 +48,7 @@ jobs: - name: Run Sphinx run: > - sphinx-build -M html . HARK-docs -T -c docs -W -j 1 + sphinx-build -M html docs HARK-docs -T -c docs -W -j 1 - name: Set up git for deployment run: | From f801de7846f06310a1ab167dd69d142139cc8d9b Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Tue, 19 Nov 2024 20:05:17 -0500 Subject: [PATCH 11/23] Update references to HARK instead of hark --- README.md | 14 +++++++------- binder/requirements.txt | 2 +- docs/conf.py | 4 ++-- noxfile.py | 4 ++-- tests/test_package.py | 4 ++-- 5 files changed, 14 insertions(+), 14 deletions(-) diff --git a/README.md b/README.md index 276a1d664..e30547d30 100644 --- a/README.md +++ b/README.md @@ -7,25 +7,25 @@ [![Anaconda Cloud](https://anaconda.org/conda-forge/econ-ark/badges/version.svg?style=flat)](https://anaconda.org/conda-forge/econ-ark) [![PyPi](https://img.shields.io/pypi/v/econ-ark.png?style=flat)](https://pypi.org/project/econ-ark/) -[![Documentation Status](https://readthedocs.org/projects/hark/badge/?style=flat&version=latest)](https://docs.econ-ark.org/?badge=latest) -[![Code Coverage](https://codecov.io/gh/econ-ark/hark/branch/master/graph/badge.svg)](https://app.codecov.io/gh/econ-ark/hark/branch/master) +[![Documentation Status](https://readthedocs.org/projects/HARK/badge/?style=flat&version=latest)](https://docs.econ-ark.org/?badge=latest) +[![Code Coverage](https://codecov.io/gh/econ-ark/HARK/branch/master/graph/badge.svg)](https://app.codecov.io/gh/econ-ark/HARK/branch/master) [![GitHub Good First Issues](https://img.shields.io/github/issues/econ-ark/HARK/good%20first%20issue.svg)](https://github.com/econ-ark/HARK/issues?q=is%3Aissue+is%3Aopen+label%3A%22good+first+issue%22) [![DOI](https://zenodo.org/badge/50448254.svg)](https://zenodo.org/badge/latestdoi/50448254) [![License](https://img.shields.io/badge/License-Apache%202.0-blue.svg)](https://opensource.org/licenses/Apache-2.0) [![Powered by NumFOCUS](https://img.shields.io/badge/powered%20by-NumFOCUS-orange.svg?style=flat&colorA=E1523D&colorB=007D8A)](https://numfocus.org/) [![Donate](https://img.shields.io/badge/donate-$2-brightgreen.svg)](https://numfocus.org/donate-to-econ-ark) -[![Actions Status](https://github.com/econ-ark/hark/workflows/HARK%20build%20on%20MacOS%2C%20Ubuntu%20and%20Windows/badge.svg)](https://github.com/econ-ark/hark/actions) +[![Actions Status](https://github.com/econ-ark/HARK/workflows/HARK%20build%20on%20MacOS%2C%20Ubuntu%20and%20Windows/badge.svg)](https://github.com/econ-ark/HARK/actions) [![badge](https://img.shields.io/badge/HARK-DemARK-579ACA.svg?logo=data:image/png;base64,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)](https://mybinder.org/v2/gh/econ-ark/DemARK/master?filepath=notebooks) [![badge](https://img.shields.io/badge/HARK-examples-579ACA.svg?logo=data:image/png;base64,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)](https://mybinder.org/v2/gh/econ-ark/HARK/master?filepath=examples) diff --git a/binder/requirements.txt b/binder/requirements.txt index ed0b97cfd..dbe2efb6d 100644 --- a/binder/requirements.txt +++ b/binder/requirements.txt @@ -1,2 +1,2 @@ -git+https://github.com/econ-ark/hark@master +git+https://github.com/econ-ark/HARK@master sequence_jacobian # required for KS-HARK-presentation example diff --git a/docs/conf.py b/docs/conf.py index 37c217bf5..c1f16a21c 100644 --- a/docs/conf.py +++ b/docs/conf.py @@ -25,7 +25,7 @@ project = "HARK" copyright = f"{date.today().year}, Econ-ARK Team" author = "Econ-ARK Team" -version = release = importlib.metadata.version("hark") +version = release = importlib.metadata.version("HARK") # General configuration extensions = [ @@ -143,7 +143,7 @@ html_context = { "github_url": "https://github.com", "github_user": "econ-ark", - "github_repo": "hark", + "github_repo": "HARK", "github_version": "master", "doc_path": "docs/", } diff --git a/noxfile.py b/noxfile.py index a9046471e..f49bc7fc5 100644 --- a/noxfile.py +++ b/noxfile.py @@ -32,7 +32,7 @@ def pylint(session: nox.Session) -> None: # This needs to be installed into the package environment, and is slower # than a pre-commit check session.install(".", "pylint>=3.2") - session.run("pylint", "hark", *session.posargs) + session.run("pylint", "HARK", *session.posargs) @nox.session @@ -89,7 +89,7 @@ def build_api_docs(session: nox.Session) -> None: "--module-first", "--no-toc", "--force", - "src/hark", + "src/HARK", ) diff --git a/tests/test_package.py b/tests/test_package.py index 224b7ed54..7aad2aea9 100644 --- a/tests/test_package.py +++ b/tests/test_package.py @@ -2,8 +2,8 @@ import importlib.metadata -import hark as m +import HARK as m def test_version(): - assert importlib.metadata.version("hark") == m.__version__ + assert importlib.metadata.version("HARK") == m.__version__ From 61c597d7d3e1fd76ad881f7d0ea8293b7bb31d6b Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Wed, 20 Nov 2024 09:45:47 -0500 Subject: [PATCH 12/23] move examples and fix docs --- docs/conf.py | 7 +------ docs/example_notebooks/Include_list.txt | 14 -------------- .../examples}/Blocks/Model Setup Demo.ipynb | 0 .../Calibration/Income_calibrations.ipynb | 0 .../Calibration/Life_Cycle_example.ipynb | 0 .../Calibration/SCF_distributions.ipynb | 0 .../Sabelhaus_Song_var_profiles.ipynb | 0 .../Calibration/US_SSA_life_tables.ipynb | 0 .../example_AccidentalBequestComp.ipynb | 0 .../example_AccidentalBequestPortComp.ipynb | 0 .../example_TerminalBequest.ipynb | 0 .../example_TerminalBequestPort.ipynb | 0 .../example_WarmGlowBequest.ipynb | 0 .../example_WarmGlowBequestPort.ipynb | 0 .../example_WealthPortfolio.ipynb | 0 .../Finite Cyclical Test.ipynb | 0 .../IndShockConsumerType.ipynb | 0 .../KinkedRconsumerType.ipynb | 0 .../PerfForesightConsumerType.ipynb | 0 .../examples}/ConsIndShockModel/latexdefs.tex | 0 .../Jacobian_Example.ipynb | 0 .../KS-HARK-presentation.ipynb | 0 .../ConsNewKeynesianModel/KS_DAG.jpeg | Bin .../ConsNewKeynesianModel/SSJ_example.ipynb | 0 .../SSJ_explanation.ipynb | 0 .../Transition_Matrix_Example.ipynb | 0 .../estimation/__init__.py | 0 .../estimation/create_data.py | 0 .../ConsNewKeynesianModel/estimation/model.py | 0 .../ConsNewKeynesianModel/estimation/plots.py | 0 .../estimation/routines.py | 0 .../estimation/us_data.csv | 0 .../example_ConsPortfolioModel.ipynb | 0 .../example_ConsRiskyAssetModel.ipynb | 0 .../example_ConsSequentialPortfolioModel.ipynb | 0 .../example_ConsAggShockModel.ipynb | 0 .../example_ConsGenIncProcessModel.ipynb | 0 .../example_ConsIndShock.ipynb | 0 .../example_ConsLaborModel.ipynb | 0 .../example_ConsMarkovModel.ipynb | 0 .../example_ConsMedModel.ipynb | 0 .../example_ConsPrefShockModel.ipynb | 0 .../example_ConsRepAgentModel.ipynb | 0 .../example_ConsRiskyContribModel.ipynb | 0 .../example_TractableBufferStockModel.ipynb | 0 .../DiscreteDistributionLabeled.ipynb | 0 .../Distributions/EquiprobableLognormal.ipynb | 0 .../Distributions/ExpectedValue.ipynb | 0 .../Method of Simulated Moments.ipynb | 0 .../GenIncProcessModel.ipynb | 0 .../Gentle-Intro/Gentle-Intro-To-HARK.ipynb | 0 .../HowWeSolveIndShockConsumerType.ipynb | 0 .../examples}/Interpolation/CubicInterp.ipynb | 0 .../examples}/Interpolation/DecayInterp.ipynb | 0 .../Journeys/AzureMachineLearning.ipynb | 0 .../examples}/Journeys/HAFiscalFig1.png | Bin .../examples}/Journeys/HARK-ind-sh.png | Bin .../examples}/Journeys/HARK-struct-2.png | Bin .../examples}/Journeys/HARK-struct-3.png | Bin .../examples}/Journeys/HARK-struct-4.png | Bin .../Journey-Engineering-Background.ipynb | 0 .../examples}/Journeys/Journey-PhD.ipynb | 0 .../Journeys/Journey-Policymaker.ipynb | 0 .../examples}/Journeys/JourneyPhDparam.py | 0 .../Journeys/Journeys-into-HARK.ipynb | 0 .../examples}/Journeys/LorenzcurveDiscRate.png | Bin .../Quickstart_tutorial/HARK_diagram.png | Bin .../Quick_start_with_solution.ipynb | 0 .../Journeys/Quickstart_tutorial/README.md | 0 .../Quickstart_tutorial/life_table.csv | 0 .../productivity_profile.csv | 0 .../LabeledModels/LabeledModels.ipynb | 0 .../LifecycleModel/Cycles_tutorial.ipynb | 0 .../LifecycleModel/EstimationParameters.py | 0 .../LifecycleModel/LifecycleModel.ipynb | 0 ...Generic Monte Carlo Perfect Foresight.ipynb | 0 docs/overview/index.rst | 17 +++-------------- 77 files changed, 4 insertions(+), 34 deletions(-) delete mode 100644 docs/example_notebooks/Include_list.txt rename {examples => docs/examples}/Blocks/Model Setup Demo.ipynb (100%) rename {examples => docs/examples}/Calibration/Income_calibrations.ipynb (100%) rename {examples => docs/examples}/Calibration/Life_Cycle_example.ipynb (100%) rename {examples => docs/examples}/Calibration/SCF_distributions.ipynb (100%) rename {examples => docs/examples}/Calibration/Sabelhaus_Song_var_profiles.ipynb (100%) rename {examples => docs/examples}/Calibration/US_SSA_life_tables.ipynb (100%) rename {examples => docs/examples}/ConsBequestModel/example_AccidentalBequestComp.ipynb (100%) rename {examples => docs/examples}/ConsBequestModel/example_AccidentalBequestPortComp.ipynb (100%) rename {examples => docs/examples}/ConsBequestModel/example_TerminalBequest.ipynb (100%) rename {examples => docs/examples}/ConsBequestModel/example_TerminalBequestPort.ipynb (100%) rename {examples => docs/examples}/ConsBequestModel/example_WarmGlowBequest.ipynb (100%) rename {examples => docs/examples}/ConsBequestModel/example_WarmGlowBequestPort.ipynb (100%) rename {examples => docs/examples}/ConsBequestModel/example_WealthPortfolio.ipynb (100%) rename {examples => docs/examples}/ConsIndShockModel/Finite Cyclical Test.ipynb (100%) rename {examples => docs/examples}/ConsIndShockModel/IndShockConsumerType.ipynb (100%) rename {examples => docs/examples}/ConsIndShockModel/KinkedRconsumerType.ipynb (100%) rename {examples => docs/examples}/ConsIndShockModel/PerfForesightConsumerType.ipynb (100%) rename {examples => docs/examples}/ConsIndShockModel/latexdefs.tex (100%) rename {examples => docs/examples}/ConsNewKeynesianModel/Jacobian_Example.ipynb (100%) rename {examples => docs/examples}/ConsNewKeynesianModel/KS-HARK-presentation.ipynb (100%) rename {examples => docs/examples}/ConsNewKeynesianModel/KS_DAG.jpeg (100%) rename {examples => docs/examples}/ConsNewKeynesianModel/SSJ_example.ipynb (100%) rename {examples => docs/examples}/ConsNewKeynesianModel/SSJ_explanation.ipynb (100%) rename {examples => docs/examples}/ConsNewKeynesianModel/Transition_Matrix_Example.ipynb (100%) rename {examples => docs/examples}/ConsNewKeynesianModel/estimation/__init__.py (100%) rename {examples => docs/examples}/ConsNewKeynesianModel/estimation/create_data.py (100%) rename {examples => docs/examples}/ConsNewKeynesianModel/estimation/model.py (100%) rename {examples => docs/examples}/ConsNewKeynesianModel/estimation/plots.py (100%) rename {examples => docs/examples}/ConsNewKeynesianModel/estimation/routines.py (100%) rename {examples => docs/examples}/ConsNewKeynesianModel/estimation/us_data.csv (100%) rename {examples => docs/examples}/ConsPortfolioModel/example_ConsPortfolioModel.ipynb (100%) rename {examples => docs/examples}/ConsPortfolioModel/example_ConsRiskyAssetModel.ipynb (100%) rename {examples => docs/examples}/ConsPortfolioModel/example_ConsSequentialPortfolioModel.ipynb (100%) rename {examples => docs/examples}/ConsumptionSaving/example_ConsAggShockModel.ipynb (100%) rename {examples => docs/examples}/ConsumptionSaving/example_ConsGenIncProcessModel.ipynb (100%) rename {examples => docs/examples}/ConsumptionSaving/example_ConsIndShock.ipynb (100%) rename {examples => docs/examples}/ConsumptionSaving/example_ConsLaborModel.ipynb (100%) rename {examples => docs/examples}/ConsumptionSaving/example_ConsMarkovModel.ipynb (100%) rename {examples => docs/examples}/ConsumptionSaving/example_ConsMedModel.ipynb (100%) rename {examples => docs/examples}/ConsumptionSaving/example_ConsPrefShockModel.ipynb (100%) rename {examples => docs/examples}/ConsumptionSaving/example_ConsRepAgentModel.ipynb (100%) rename {examples => docs/examples}/ConsumptionSaving/example_ConsRiskyContribModel.ipynb (100%) rename {examples => docs/examples}/ConsumptionSaving/example_TractableBufferStockModel.ipynb (100%) rename {examples => docs/examples}/Distributions/DiscreteDistributionLabeled.ipynb (100%) rename {examples => docs/examples}/Distributions/EquiprobableLognormal.ipynb (100%) rename {examples => docs/examples}/Distributions/ExpectedValue.ipynb (100%) rename {examples => docs/examples}/Estimation/Method of Simulated Moments.ipynb (100%) rename {examples => docs/examples}/GenIncProcessModel/GenIncProcessModel.ipynb (100%) rename {examples => docs/examples}/Gentle-Intro/Gentle-Intro-To-HARK.ipynb (100%) rename {examples => docs/examples}/HowWeSolveIndShockConsumerType/HowWeSolveIndShockConsumerType.ipynb (100%) rename {examples => docs/examples}/Interpolation/CubicInterp.ipynb (100%) rename {examples => docs/examples}/Interpolation/DecayInterp.ipynb (100%) rename {examples => docs/examples}/Journeys/AzureMachineLearning.ipynb (100%) rename {examples => docs/examples}/Journeys/HAFiscalFig1.png (100%) rename {examples => docs/examples}/Journeys/HARK-ind-sh.png (100%) rename {examples => docs/examples}/Journeys/HARK-struct-2.png (100%) rename {examples => docs/examples}/Journeys/HARK-struct-3.png (100%) rename {examples => docs/examples}/Journeys/HARK-struct-4.png (100%) rename {examples => docs/examples}/Journeys/Journey-Engineering-Background.ipynb (100%) rename {examples => docs/examples}/Journeys/Journey-PhD.ipynb (100%) rename {examples => docs/examples}/Journeys/Journey-Policymaker.ipynb (100%) rename {examples => docs/examples}/Journeys/JourneyPhDparam.py (100%) rename {examples => docs/examples}/Journeys/Journeys-into-HARK.ipynb (100%) rename {examples => docs/examples}/Journeys/LorenzcurveDiscRate.png (100%) rename {examples => docs/examples}/Journeys/Quickstart_tutorial/HARK_diagram.png (100%) rename {examples => docs/examples}/Journeys/Quickstart_tutorial/Quick_start_with_solution.ipynb (100%) rename {examples => docs/examples}/Journeys/Quickstart_tutorial/README.md (100%) rename {examples => docs/examples}/Journeys/Quickstart_tutorial/life_table.csv (100%) rename {examples => docs/examples}/Journeys/Quickstart_tutorial/productivity_profile.csv (100%) rename {examples => docs/examples}/LabeledModels/LabeledModels.ipynb (100%) rename {examples => docs/examples}/LifecycleModel/Cycles_tutorial.ipynb (100%) rename {examples => docs/examples}/LifecycleModel/EstimationParameters.py (100%) rename {examples => docs/examples}/LifecycleModel/LifecycleModel.ipynb (100%) rename {examples => docs/examples}/MonteCarlo/Generic Monte Carlo Perfect Foresight.ipynb (100%) diff --git a/docs/conf.py b/docs/conf.py index c1f16a21c..d04907872 100644 --- a/docs/conf.py +++ b/docs/conf.py @@ -49,12 +49,7 @@ ] source_suffix = [".rst", ".md"] -# Makes sure that only the file we want documented get documented -include_patterns = ["**", "index.rst"] -# Adds example notebooks -with open(os.path.join(dir, "example_notebooks", "Include_list.txt"), "r") as file: - include_patterns += file.readlines() -include_patterns = [i.replace("\n", "") for i in include_patterns] + # Prevents sphinx from getting confused exclude_patterns = [ "_build", diff --git a/docs/example_notebooks/Include_list.txt b/docs/example_notebooks/Include_list.txt deleted file mode 100644 index f8e151761..000000000 --- a/docs/example_notebooks/Include_list.txt +++ /dev/null @@ -1,14 +0,0 @@ -../examples/Gentle-Intro/Gentle-Intro-To-HARK.ipynb -../examples/LifecycleModel/Cycles_tutorial.ipynb -../examples/ConsIndShockModel/PerfForesightConsumerType.ipynb -../examples/ConsIndShockModel/IndShockConsumerType.ipynb -../examples/ConsIndShockModel/KinkedRconsumerType.ipynb -../examples/ConsPortfolioModel/example_ConsPortfolioModel.ipynb -../examples/GenIncProcessModel/GenIncProcessModel.ipynb -../examples/LifecycleModel/LifecycleModel.ipynb -../examples/HowWeSolveIndShockConsumerType/HowWeSolveIndShockConsumerType.ipynb -../examples/Journeys/Journey-PhD.ipynb -../examples/ConsNewKeynesianModel/Transition_Matrix_Example.ipynb -../examples/ConsNewKeynesianModel/Jacobian_Example.ipynb -../examples/ConsNewKeynesianModel/KS-HARK-presentation.ipynb -../examples/ConsNewKeynesianModel/SSJ_example.ipynb diff --git a/examples/Blocks/Model Setup Demo.ipynb b/docs/examples/Blocks/Model Setup Demo.ipynb similarity index 100% rename from examples/Blocks/Model Setup Demo.ipynb rename to docs/examples/Blocks/Model Setup Demo.ipynb diff --git a/examples/Calibration/Income_calibrations.ipynb b/docs/examples/Calibration/Income_calibrations.ipynb similarity index 100% rename from examples/Calibration/Income_calibrations.ipynb rename to docs/examples/Calibration/Income_calibrations.ipynb diff --git a/examples/Calibration/Life_Cycle_example.ipynb b/docs/examples/Calibration/Life_Cycle_example.ipynb similarity index 100% rename from examples/Calibration/Life_Cycle_example.ipynb rename to docs/examples/Calibration/Life_Cycle_example.ipynb diff --git a/examples/Calibration/SCF_distributions.ipynb b/docs/examples/Calibration/SCF_distributions.ipynb similarity index 100% rename from examples/Calibration/SCF_distributions.ipynb rename to docs/examples/Calibration/SCF_distributions.ipynb diff --git a/examples/Calibration/Sabelhaus_Song_var_profiles.ipynb b/docs/examples/Calibration/Sabelhaus_Song_var_profiles.ipynb similarity index 100% rename from examples/Calibration/Sabelhaus_Song_var_profiles.ipynb rename to docs/examples/Calibration/Sabelhaus_Song_var_profiles.ipynb diff --git a/examples/Calibration/US_SSA_life_tables.ipynb b/docs/examples/Calibration/US_SSA_life_tables.ipynb similarity index 100% rename from examples/Calibration/US_SSA_life_tables.ipynb rename to docs/examples/Calibration/US_SSA_life_tables.ipynb diff --git a/examples/ConsBequestModel/example_AccidentalBequestComp.ipynb b/docs/examples/ConsBequestModel/example_AccidentalBequestComp.ipynb similarity index 100% rename from examples/ConsBequestModel/example_AccidentalBequestComp.ipynb rename to docs/examples/ConsBequestModel/example_AccidentalBequestComp.ipynb diff --git a/examples/ConsBequestModel/example_AccidentalBequestPortComp.ipynb b/docs/examples/ConsBequestModel/example_AccidentalBequestPortComp.ipynb similarity index 100% rename from examples/ConsBequestModel/example_AccidentalBequestPortComp.ipynb rename to docs/examples/ConsBequestModel/example_AccidentalBequestPortComp.ipynb diff --git a/examples/ConsBequestModel/example_TerminalBequest.ipynb b/docs/examples/ConsBequestModel/example_TerminalBequest.ipynb similarity index 100% rename from examples/ConsBequestModel/example_TerminalBequest.ipynb rename to docs/examples/ConsBequestModel/example_TerminalBequest.ipynb diff --git a/examples/ConsBequestModel/example_TerminalBequestPort.ipynb b/docs/examples/ConsBequestModel/example_TerminalBequestPort.ipynb similarity index 100% rename from examples/ConsBequestModel/example_TerminalBequestPort.ipynb rename to docs/examples/ConsBequestModel/example_TerminalBequestPort.ipynb diff --git a/examples/ConsBequestModel/example_WarmGlowBequest.ipynb b/docs/examples/ConsBequestModel/example_WarmGlowBequest.ipynb similarity index 100% rename from examples/ConsBequestModel/example_WarmGlowBequest.ipynb rename to docs/examples/ConsBequestModel/example_WarmGlowBequest.ipynb diff --git a/examples/ConsBequestModel/example_WarmGlowBequestPort.ipynb b/docs/examples/ConsBequestModel/example_WarmGlowBequestPort.ipynb similarity index 100% rename from examples/ConsBequestModel/example_WarmGlowBequestPort.ipynb rename to docs/examples/ConsBequestModel/example_WarmGlowBequestPort.ipynb diff --git a/examples/ConsBequestModel/example_WealthPortfolio.ipynb b/docs/examples/ConsBequestModel/example_WealthPortfolio.ipynb similarity index 100% rename from examples/ConsBequestModel/example_WealthPortfolio.ipynb rename to docs/examples/ConsBequestModel/example_WealthPortfolio.ipynb diff --git a/examples/ConsIndShockModel/Finite Cyclical Test.ipynb b/docs/examples/ConsIndShockModel/Finite Cyclical Test.ipynb similarity index 100% rename from examples/ConsIndShockModel/Finite Cyclical Test.ipynb rename to docs/examples/ConsIndShockModel/Finite Cyclical Test.ipynb diff --git a/examples/ConsIndShockModel/IndShockConsumerType.ipynb b/docs/examples/ConsIndShockModel/IndShockConsumerType.ipynb similarity index 100% rename from examples/ConsIndShockModel/IndShockConsumerType.ipynb rename to docs/examples/ConsIndShockModel/IndShockConsumerType.ipynb diff --git a/examples/ConsIndShockModel/KinkedRconsumerType.ipynb b/docs/examples/ConsIndShockModel/KinkedRconsumerType.ipynb similarity index 100% rename from examples/ConsIndShockModel/KinkedRconsumerType.ipynb rename to docs/examples/ConsIndShockModel/KinkedRconsumerType.ipynb diff --git a/examples/ConsIndShockModel/PerfForesightConsumerType.ipynb b/docs/examples/ConsIndShockModel/PerfForesightConsumerType.ipynb similarity index 100% rename from examples/ConsIndShockModel/PerfForesightConsumerType.ipynb rename to docs/examples/ConsIndShockModel/PerfForesightConsumerType.ipynb diff --git a/examples/ConsIndShockModel/latexdefs.tex b/docs/examples/ConsIndShockModel/latexdefs.tex similarity index 100% rename from examples/ConsIndShockModel/latexdefs.tex rename to docs/examples/ConsIndShockModel/latexdefs.tex diff --git a/examples/ConsNewKeynesianModel/Jacobian_Example.ipynb b/docs/examples/ConsNewKeynesianModel/Jacobian_Example.ipynb similarity index 100% rename from examples/ConsNewKeynesianModel/Jacobian_Example.ipynb rename to docs/examples/ConsNewKeynesianModel/Jacobian_Example.ipynb diff --git a/examples/ConsNewKeynesianModel/KS-HARK-presentation.ipynb b/docs/examples/ConsNewKeynesianModel/KS-HARK-presentation.ipynb similarity index 100% rename from examples/ConsNewKeynesianModel/KS-HARK-presentation.ipynb rename to docs/examples/ConsNewKeynesianModel/KS-HARK-presentation.ipynb diff --git a/examples/ConsNewKeynesianModel/KS_DAG.jpeg b/docs/examples/ConsNewKeynesianModel/KS_DAG.jpeg similarity index 100% rename from examples/ConsNewKeynesianModel/KS_DAG.jpeg rename to docs/examples/ConsNewKeynesianModel/KS_DAG.jpeg diff --git a/examples/ConsNewKeynesianModel/SSJ_example.ipynb b/docs/examples/ConsNewKeynesianModel/SSJ_example.ipynb similarity index 100% rename from examples/ConsNewKeynesianModel/SSJ_example.ipynb rename to docs/examples/ConsNewKeynesianModel/SSJ_example.ipynb diff --git a/examples/ConsNewKeynesianModel/SSJ_explanation.ipynb b/docs/examples/ConsNewKeynesianModel/SSJ_explanation.ipynb similarity index 100% rename from examples/ConsNewKeynesianModel/SSJ_explanation.ipynb rename to docs/examples/ConsNewKeynesianModel/SSJ_explanation.ipynb diff --git a/examples/ConsNewKeynesianModel/Transition_Matrix_Example.ipynb b/docs/examples/ConsNewKeynesianModel/Transition_Matrix_Example.ipynb similarity index 100% rename from examples/ConsNewKeynesianModel/Transition_Matrix_Example.ipynb rename to docs/examples/ConsNewKeynesianModel/Transition_Matrix_Example.ipynb diff --git a/examples/ConsNewKeynesianModel/estimation/__init__.py b/docs/examples/ConsNewKeynesianModel/estimation/__init__.py similarity index 100% rename from examples/ConsNewKeynesianModel/estimation/__init__.py rename to docs/examples/ConsNewKeynesianModel/estimation/__init__.py diff --git a/examples/ConsNewKeynesianModel/estimation/create_data.py b/docs/examples/ConsNewKeynesianModel/estimation/create_data.py similarity index 100% rename from examples/ConsNewKeynesianModel/estimation/create_data.py rename to docs/examples/ConsNewKeynesianModel/estimation/create_data.py diff --git a/examples/ConsNewKeynesianModel/estimation/model.py b/docs/examples/ConsNewKeynesianModel/estimation/model.py similarity index 100% rename from examples/ConsNewKeynesianModel/estimation/model.py rename to docs/examples/ConsNewKeynesianModel/estimation/model.py diff --git a/examples/ConsNewKeynesianModel/estimation/plots.py b/docs/examples/ConsNewKeynesianModel/estimation/plots.py similarity index 100% rename from examples/ConsNewKeynesianModel/estimation/plots.py rename to docs/examples/ConsNewKeynesianModel/estimation/plots.py diff --git a/examples/ConsNewKeynesianModel/estimation/routines.py b/docs/examples/ConsNewKeynesianModel/estimation/routines.py similarity index 100% rename from examples/ConsNewKeynesianModel/estimation/routines.py rename to docs/examples/ConsNewKeynesianModel/estimation/routines.py diff --git a/examples/ConsNewKeynesianModel/estimation/us_data.csv b/docs/examples/ConsNewKeynesianModel/estimation/us_data.csv similarity index 100% rename from examples/ConsNewKeynesianModel/estimation/us_data.csv rename to docs/examples/ConsNewKeynesianModel/estimation/us_data.csv diff --git a/examples/ConsPortfolioModel/example_ConsPortfolioModel.ipynb b/docs/examples/ConsPortfolioModel/example_ConsPortfolioModel.ipynb similarity index 100% rename from examples/ConsPortfolioModel/example_ConsPortfolioModel.ipynb rename to docs/examples/ConsPortfolioModel/example_ConsPortfolioModel.ipynb diff --git a/examples/ConsPortfolioModel/example_ConsRiskyAssetModel.ipynb b/docs/examples/ConsPortfolioModel/example_ConsRiskyAssetModel.ipynb similarity index 100% rename from examples/ConsPortfolioModel/example_ConsRiskyAssetModel.ipynb rename to docs/examples/ConsPortfolioModel/example_ConsRiskyAssetModel.ipynb diff --git a/examples/ConsPortfolioModel/example_ConsSequentialPortfolioModel.ipynb b/docs/examples/ConsPortfolioModel/example_ConsSequentialPortfolioModel.ipynb similarity index 100% rename from examples/ConsPortfolioModel/example_ConsSequentialPortfolioModel.ipynb rename to docs/examples/ConsPortfolioModel/example_ConsSequentialPortfolioModel.ipynb diff --git a/examples/ConsumptionSaving/example_ConsAggShockModel.ipynb b/docs/examples/ConsumptionSaving/example_ConsAggShockModel.ipynb similarity index 100% rename from examples/ConsumptionSaving/example_ConsAggShockModel.ipynb rename to docs/examples/ConsumptionSaving/example_ConsAggShockModel.ipynb diff --git a/examples/ConsumptionSaving/example_ConsGenIncProcessModel.ipynb b/docs/examples/ConsumptionSaving/example_ConsGenIncProcessModel.ipynb similarity index 100% rename from examples/ConsumptionSaving/example_ConsGenIncProcessModel.ipynb rename to docs/examples/ConsumptionSaving/example_ConsGenIncProcessModel.ipynb diff --git a/examples/ConsumptionSaving/example_ConsIndShock.ipynb b/docs/examples/ConsumptionSaving/example_ConsIndShock.ipynb similarity index 100% rename from examples/ConsumptionSaving/example_ConsIndShock.ipynb rename to docs/examples/ConsumptionSaving/example_ConsIndShock.ipynb diff --git a/examples/ConsumptionSaving/example_ConsLaborModel.ipynb b/docs/examples/ConsumptionSaving/example_ConsLaborModel.ipynb similarity index 100% rename from examples/ConsumptionSaving/example_ConsLaborModel.ipynb rename to docs/examples/ConsumptionSaving/example_ConsLaborModel.ipynb diff --git a/examples/ConsumptionSaving/example_ConsMarkovModel.ipynb b/docs/examples/ConsumptionSaving/example_ConsMarkovModel.ipynb similarity index 100% rename from examples/ConsumptionSaving/example_ConsMarkovModel.ipynb rename to docs/examples/ConsumptionSaving/example_ConsMarkovModel.ipynb diff --git a/examples/ConsumptionSaving/example_ConsMedModel.ipynb b/docs/examples/ConsumptionSaving/example_ConsMedModel.ipynb similarity index 100% rename from examples/ConsumptionSaving/example_ConsMedModel.ipynb rename to docs/examples/ConsumptionSaving/example_ConsMedModel.ipynb diff --git a/examples/ConsumptionSaving/example_ConsPrefShockModel.ipynb b/docs/examples/ConsumptionSaving/example_ConsPrefShockModel.ipynb similarity index 100% rename from examples/ConsumptionSaving/example_ConsPrefShockModel.ipynb rename to docs/examples/ConsumptionSaving/example_ConsPrefShockModel.ipynb diff --git a/examples/ConsumptionSaving/example_ConsRepAgentModel.ipynb b/docs/examples/ConsumptionSaving/example_ConsRepAgentModel.ipynb similarity index 100% rename from examples/ConsumptionSaving/example_ConsRepAgentModel.ipynb rename to docs/examples/ConsumptionSaving/example_ConsRepAgentModel.ipynb diff --git a/examples/ConsumptionSaving/example_ConsRiskyContribModel.ipynb b/docs/examples/ConsumptionSaving/example_ConsRiskyContribModel.ipynb similarity index 100% rename from examples/ConsumptionSaving/example_ConsRiskyContribModel.ipynb rename to docs/examples/ConsumptionSaving/example_ConsRiskyContribModel.ipynb diff --git a/examples/ConsumptionSaving/example_TractableBufferStockModel.ipynb b/docs/examples/ConsumptionSaving/example_TractableBufferStockModel.ipynb similarity index 100% rename from examples/ConsumptionSaving/example_TractableBufferStockModel.ipynb rename to docs/examples/ConsumptionSaving/example_TractableBufferStockModel.ipynb diff --git a/examples/Distributions/DiscreteDistributionLabeled.ipynb b/docs/examples/Distributions/DiscreteDistributionLabeled.ipynb similarity index 100% rename from examples/Distributions/DiscreteDistributionLabeled.ipynb rename to docs/examples/Distributions/DiscreteDistributionLabeled.ipynb diff --git a/examples/Distributions/EquiprobableLognormal.ipynb b/docs/examples/Distributions/EquiprobableLognormal.ipynb similarity index 100% rename from examples/Distributions/EquiprobableLognormal.ipynb rename to docs/examples/Distributions/EquiprobableLognormal.ipynb diff --git a/examples/Distributions/ExpectedValue.ipynb b/docs/examples/Distributions/ExpectedValue.ipynb similarity index 100% rename from examples/Distributions/ExpectedValue.ipynb rename to docs/examples/Distributions/ExpectedValue.ipynb diff --git a/examples/Estimation/Method of Simulated Moments.ipynb b/docs/examples/Estimation/Method of Simulated Moments.ipynb similarity index 100% rename from examples/Estimation/Method of Simulated Moments.ipynb rename to docs/examples/Estimation/Method of Simulated Moments.ipynb diff --git a/examples/GenIncProcessModel/GenIncProcessModel.ipynb b/docs/examples/GenIncProcessModel/GenIncProcessModel.ipynb similarity index 100% rename from examples/GenIncProcessModel/GenIncProcessModel.ipynb rename to docs/examples/GenIncProcessModel/GenIncProcessModel.ipynb diff --git a/examples/Gentle-Intro/Gentle-Intro-To-HARK.ipynb b/docs/examples/Gentle-Intro/Gentle-Intro-To-HARK.ipynb similarity index 100% rename from examples/Gentle-Intro/Gentle-Intro-To-HARK.ipynb rename to docs/examples/Gentle-Intro/Gentle-Intro-To-HARK.ipynb diff --git a/examples/HowWeSolveIndShockConsumerType/HowWeSolveIndShockConsumerType.ipynb b/docs/examples/HowWeSolveIndShockConsumerType/HowWeSolveIndShockConsumerType.ipynb similarity index 100% rename from examples/HowWeSolveIndShockConsumerType/HowWeSolveIndShockConsumerType.ipynb rename to docs/examples/HowWeSolveIndShockConsumerType/HowWeSolveIndShockConsumerType.ipynb diff --git a/examples/Interpolation/CubicInterp.ipynb b/docs/examples/Interpolation/CubicInterp.ipynb similarity index 100% rename from examples/Interpolation/CubicInterp.ipynb rename to docs/examples/Interpolation/CubicInterp.ipynb diff --git a/examples/Interpolation/DecayInterp.ipynb b/docs/examples/Interpolation/DecayInterp.ipynb similarity index 100% rename from examples/Interpolation/DecayInterp.ipynb rename to docs/examples/Interpolation/DecayInterp.ipynb diff --git a/examples/Journeys/AzureMachineLearning.ipynb b/docs/examples/Journeys/AzureMachineLearning.ipynb similarity index 100% rename from examples/Journeys/AzureMachineLearning.ipynb rename to docs/examples/Journeys/AzureMachineLearning.ipynb diff --git a/examples/Journeys/HAFiscalFig1.png b/docs/examples/Journeys/HAFiscalFig1.png similarity index 100% rename from examples/Journeys/HAFiscalFig1.png rename to docs/examples/Journeys/HAFiscalFig1.png diff --git a/examples/Journeys/HARK-ind-sh.png b/docs/examples/Journeys/HARK-ind-sh.png similarity index 100% rename from examples/Journeys/HARK-ind-sh.png rename to docs/examples/Journeys/HARK-ind-sh.png diff --git a/examples/Journeys/HARK-struct-2.png b/docs/examples/Journeys/HARK-struct-2.png similarity index 100% rename from examples/Journeys/HARK-struct-2.png rename to docs/examples/Journeys/HARK-struct-2.png diff --git a/examples/Journeys/HARK-struct-3.png b/docs/examples/Journeys/HARK-struct-3.png similarity index 100% rename from examples/Journeys/HARK-struct-3.png rename to docs/examples/Journeys/HARK-struct-3.png diff --git a/examples/Journeys/HARK-struct-4.png b/docs/examples/Journeys/HARK-struct-4.png similarity index 100% rename from examples/Journeys/HARK-struct-4.png rename to docs/examples/Journeys/HARK-struct-4.png diff --git a/examples/Journeys/Journey-Engineering-Background.ipynb b/docs/examples/Journeys/Journey-Engineering-Background.ipynb similarity index 100% rename from examples/Journeys/Journey-Engineering-Background.ipynb rename to docs/examples/Journeys/Journey-Engineering-Background.ipynb diff --git a/examples/Journeys/Journey-PhD.ipynb b/docs/examples/Journeys/Journey-PhD.ipynb similarity index 100% rename from examples/Journeys/Journey-PhD.ipynb rename to docs/examples/Journeys/Journey-PhD.ipynb diff --git a/examples/Journeys/Journey-Policymaker.ipynb b/docs/examples/Journeys/Journey-Policymaker.ipynb similarity index 100% rename from examples/Journeys/Journey-Policymaker.ipynb rename to docs/examples/Journeys/Journey-Policymaker.ipynb diff --git a/examples/Journeys/JourneyPhDparam.py b/docs/examples/Journeys/JourneyPhDparam.py similarity index 100% rename from examples/Journeys/JourneyPhDparam.py rename to docs/examples/Journeys/JourneyPhDparam.py diff --git a/examples/Journeys/Journeys-into-HARK.ipynb b/docs/examples/Journeys/Journeys-into-HARK.ipynb similarity index 100% rename from examples/Journeys/Journeys-into-HARK.ipynb rename to docs/examples/Journeys/Journeys-into-HARK.ipynb diff --git a/examples/Journeys/LorenzcurveDiscRate.png b/docs/examples/Journeys/LorenzcurveDiscRate.png similarity index 100% rename from examples/Journeys/LorenzcurveDiscRate.png rename to docs/examples/Journeys/LorenzcurveDiscRate.png diff --git a/examples/Journeys/Quickstart_tutorial/HARK_diagram.png b/docs/examples/Journeys/Quickstart_tutorial/HARK_diagram.png similarity index 100% rename from examples/Journeys/Quickstart_tutorial/HARK_diagram.png rename to docs/examples/Journeys/Quickstart_tutorial/HARK_diagram.png diff --git a/examples/Journeys/Quickstart_tutorial/Quick_start_with_solution.ipynb b/docs/examples/Journeys/Quickstart_tutorial/Quick_start_with_solution.ipynb similarity index 100% rename from examples/Journeys/Quickstart_tutorial/Quick_start_with_solution.ipynb rename to docs/examples/Journeys/Quickstart_tutorial/Quick_start_with_solution.ipynb diff --git a/examples/Journeys/Quickstart_tutorial/README.md b/docs/examples/Journeys/Quickstart_tutorial/README.md similarity index 100% rename from examples/Journeys/Quickstart_tutorial/README.md rename to docs/examples/Journeys/Quickstart_tutorial/README.md diff --git a/examples/Journeys/Quickstart_tutorial/life_table.csv b/docs/examples/Journeys/Quickstart_tutorial/life_table.csv similarity index 100% rename from examples/Journeys/Quickstart_tutorial/life_table.csv rename to docs/examples/Journeys/Quickstart_tutorial/life_table.csv diff --git a/examples/Journeys/Quickstart_tutorial/productivity_profile.csv b/docs/examples/Journeys/Quickstart_tutorial/productivity_profile.csv similarity index 100% rename from examples/Journeys/Quickstart_tutorial/productivity_profile.csv rename to docs/examples/Journeys/Quickstart_tutorial/productivity_profile.csv diff --git a/examples/LabeledModels/LabeledModels.ipynb b/docs/examples/LabeledModels/LabeledModels.ipynb similarity index 100% rename from examples/LabeledModels/LabeledModels.ipynb rename to docs/examples/LabeledModels/LabeledModels.ipynb diff --git a/examples/LifecycleModel/Cycles_tutorial.ipynb b/docs/examples/LifecycleModel/Cycles_tutorial.ipynb similarity index 100% rename from examples/LifecycleModel/Cycles_tutorial.ipynb rename to docs/examples/LifecycleModel/Cycles_tutorial.ipynb diff --git a/examples/LifecycleModel/EstimationParameters.py b/docs/examples/LifecycleModel/EstimationParameters.py similarity index 100% rename from examples/LifecycleModel/EstimationParameters.py rename to docs/examples/LifecycleModel/EstimationParameters.py diff --git a/examples/LifecycleModel/LifecycleModel.ipynb b/docs/examples/LifecycleModel/LifecycleModel.ipynb similarity index 100% rename from examples/LifecycleModel/LifecycleModel.ipynb rename to docs/examples/LifecycleModel/LifecycleModel.ipynb diff --git a/examples/MonteCarlo/Generic Monte Carlo Perfect Foresight.ipynb b/docs/examples/MonteCarlo/Generic Monte Carlo Perfect Foresight.ipynb similarity index 100% rename from examples/MonteCarlo/Generic Monte Carlo Perfect Foresight.ipynb rename to docs/examples/MonteCarlo/Generic Monte Carlo Perfect Foresight.ipynb diff --git a/docs/overview/index.rst b/docs/overview/index.rst index ebbfe66ef..9a8bf8f00 100644 --- a/docs/overview/index.rst +++ b/docs/overview/index.rst @@ -13,22 +13,11 @@ Overview .. nbgallery:: :caption: Examples + :glob: :maxdepth: 1 - ../../examples/Gentle-Intro/Gentle-Intro-To-HARK.ipynb - ../../examples/LifecycleModel/Cycles_tutorial.ipynb - ../../examples/ConsIndShockModel/PerfForesightConsumerType.ipynb - ../../examples/ConsIndShockModel/IndShockConsumerType.ipynb - ../../examples/ConsIndShockModel/KinkedRconsumerType.ipynb - ../../examples/ConsPortfolioModel/example_ConsPortfolioModel.ipynb - ../../examples/GenIncProcessModel/GenIncProcessModel.ipynb - ../../examples/LifecycleModel/LifecycleModel.ipynb - ../../examples/HowWeSolveIndShockConsumerType/HowWeSolveIndShockConsumerType.ipynb - ../../examples/Journeys/Journey-PhD.ipynb - ../../examples/ConsNewKeynesianModel/Transition_Matrix_Example.ipynb - ../../examples/ConsNewKeynesianModel/Jacobian_Example.ipynb - ../../examples/ConsNewKeynesianModel/KS-HARK-presentation.ipynb - ../../examples/ConsNewKeynesianModel/SSJ_example.ipynb + ../examples/*/* + ../examples/*/*/* .. toctree:: :hidden: From c71b837706e34c437900754cea7c03c96dd08c27 Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Wed, 20 Nov 2024 09:56:25 -0500 Subject: [PATCH 13/23] dont treat warnings as errors --- .github/workflows/documentation.yml | 2 +- docs/guides/contributing.md | 2 +- requirements/docs.txt | 2 +- 3 files changed, 3 insertions(+), 3 deletions(-) diff --git a/.github/workflows/documentation.yml b/.github/workflows/documentation.yml index 382328025..3372df68b 100644 --- a/.github/workflows/documentation.yml +++ b/.github/workflows/documentation.yml @@ -48,7 +48,7 @@ jobs: - name: Run Sphinx run: > - sphinx-build -M html docs HARK-docs -T -c docs -W -j 1 + sphinx-build -M html docs HARK-docs -T -c docs -j 1 - name: Set up git for deployment run: | diff --git a/docs/guides/contributing.md b/docs/guides/contributing.md index 2b12e291d..69ca9f390 100644 --- a/docs/guides/contributing.md +++ b/docs/guides/contributing.md @@ -376,7 +376,7 @@ To test your changes to the documentation locally, you can render as follows: 2. Run `sphinx-build`: ```bash - sphinx-build -M html . HARK-docs -T -c docs -W + sphinx-build -M html . HARK-docs -T -c docs ``` 3. View the rendered HTML by opening the diff --git a/requirements/docs.txt b/requirements/docs.txt index 33eeaedba..1b0a47700 100644 --- a/requirements/docs.txt +++ b/requirements/docs.txt @@ -3,10 +3,10 @@ ipython # for the Pygments lexer myst-parser>=2 nbsphinx>=0.8 -sphinx_autodoc_typehints # theme requirements pydata-sphinx-theme sphinx>=6.1 sphinx-copybutton sphinx-design +sphinx_autodoc_typehints From aea8f34dca63e89b46f6b0f23aff11069e27e756 Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Wed, 20 Nov 2024 16:31:47 -0500 Subject: [PATCH 14/23] Update paths for running examples and executing notebooks --- .github/workflows/examples.yml | 2 +- .github/workflows/execute-notebooks.yml | 4 ++-- 2 files changed, 3 insertions(+), 3 deletions(-) diff --git a/.github/workflows/examples.yml b/.github/workflows/examples.yml index 8b60b124c..6cec8b04d 100644 --- a/.github/workflows/examples.yml +++ b/.github/workflows/examples.yml @@ -35,4 +35,4 @@ jobs: pip install ".[dev]" - name: Run examples run: | - pytest --nbval-lax --nbval-current-env --dist loadscope -n auto examples/ + pytest --nbval-lax --nbval-current-env --dist loadscope -n auto docs/examples/ diff --git a/.github/workflows/execute-notebooks.yml b/.github/workflows/execute-notebooks.yml index 140b2c881..d201eb971 100644 --- a/.github/workflows/execute-notebooks.yml +++ b/.github/workflows/execute-notebooks.yml @@ -49,11 +49,11 @@ jobs: python -m pip install ipykernel nbclient nbformat - name: Strip output - run: nbstripout examples/**/*.ipynb + run: nbstripout docs/examples/**/*.ipynb # This step takes c. 20 minutes - name: Execute notebooks - run: python tools/nb_exec.py examples/**/*.ipynb + run: python tools/nb_exec.py docs/examples/**/*.ipynb env: PYTHONUNBUFFERED: "1" From 4fcb2244e28425cc30991e9d940d15dc9361841b Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Wed, 20 Nov 2024 16:42:04 -0500 Subject: [PATCH 15/23] remove latex --- docs/{NARK => }/NARK.pdf | Bin docs/NARK/.latexmkrc | 14 - .../@resources-update-from-remote_private.sh | 1 - .../@resources-update-from-remote_private.sh | 43 - .../NARK/@resources/symbols-mapping-latex.tex | 19 - docs/NARK/@resources/symbols-mapping-prettify | 55 - docs/NARK/@resources/symbols-mapping.bash | 94 - docs/NARK/@resources/tex-add-search-paths.tex | 17 - .../@resources/texlive/texmf-local/LICENSE | 201 - .../@resources/texlive/texmf-local/README.md | 3 - .../texmf-local/bibtex/bib/econark.bib | 3 - .../texlive/texmf-local/bibtex/bib/system.bib | 3 - .../texmf-local/bibtex/bst/abbrvnat.bst | 1436 - .../texmf-local/bibtex/bst/plainnat.bst | 1436 - .../texmf-local/bibtex/bst/unsrtnat.bst | 1322 - .../@resources/texlive/texmf-local/latexmkrc | 14 - .../texlive/texmf-local/scripts/.gitkeep | 0 .../texmf-local/scripts/de-macro/de-macro | 1131 - .../texlive/texmf-local/tex/latex/README.md | 8 - .../texmf-local/tex/latex/econark-make4ht.sty | 91 - .../tex/latex/econark-multibib.sty | 1 - .../tex/latex/econark-onlyinsubfile.sty | 17 - .../tex/latex/econark-titlepage.sty | 189 - .../texlive/texmf-local/tex/latex/econark.cls | 336 - .../texlive/texmf-local/tex/latex/econark.sty | 491 - .../tex/latex/llorracc-handouts.sty | 54 - .../tex/latex/pdfsuppressruntime.sty | 15 - ...tex4ht_and_table_of_content_issues_fix.cfg | 27 - .../texlive/texmf-local/web2c/.gitkeep | 0 docs/NARK/LaTeX/NARK-Add.bib | 0 docs/NARK/LaTeX/NARK.bib | 0 docs/NARK/LaTeX/NARK.dep | 126 - docs/NARK/LaTeX/NARK.pdf | Bin 361302 -> 0 bytes docs/NARK/LaTeX/economics.bib | 0 docs/NARK/NARK-Add.bib | 0 docs/NARK/NARK.dep | 109 - docs/NARK/NARK.tex | 402 - docs/NARK/Resources/.git-public-commit | 0 docs/NARK/Resources/.git-source-commit | 1 - .../LaTeXInputs/BufferStockTheory-tikz.sty | 46 - .../LaTeXInputs/BufferStockTheory.sty | 39 - .../LaTeXInputs/econtex_onlyinsubfile.tex | 10 - docs/NARK/Resources/PoweredByEconARK.pdf | Bin 8346 -> 0 bytes docs/NARK/Resources/PoweredByEconARK.svg | 1 - docs/NARK/Resources/econ-ark-logo-small.png | Bin 17620 -> 0 bytes docs/NARK/Resources/econ-ark-logo-small.xbb | 5 - docs/NARK/Resources/econtexPaths.tex | 26 - docs/NARK/Resources/owner.tex | 5 - docs/NARK/Resources/texmf-local/README.md | 19 - .../texmf-local/bibtex/bib/economics.bib | 22357 --------------- .../texmf-local/bibtex/bst/econtex.bst | 1294 - .../texmf-local/bibtex/bst/handout.bst | 1294 - .../bibtex/bst/unsrtnatTitlesFirst.bst | 1403 - docs/NARK/Resources/texmf-local/ls-R | 94 - .../texmf-local/tex/latex/ReadMe.texmf | 20 - .../tex/latex/articleNoRefHead.cls | 1 - .../texmf-local/tex/latex/bibMake.tex | 6 - .../texmf-local/tex/latex/cvBibMake.tex | 8 - .../texmf-local/tex/latex/econtex.cls | 411 - .../texmf-local/tex/latex/econtex.sty | 30 - .../texmf-local/tex/latex/econtexBibMake.tex | 7 - .../texmf-local/tex/latex/econtexSetup.sty | 237 - .../tex/latex/econtexShortcuts.sty | 662 - .../texmf-local/tex/latex/handout.cls | 412 - .../texmf-local/tex/latex/handout.sty | 30 - .../texmf-local/tex/latex/handoutBibMake.tex | 7 - .../texmf-local/tex/latex/handoutSetup.sty | 249 - .../tex/latex/handoutShortcuts.sty | 663 - .../tex/latex/makePostHandoutsStart.tex | 6 - .../texmf-local/tex/latex/printvrb.sty | 112 - .../texmf-local/tex/latex/snapshot.sty | 341 - .../tex/latex/tex4ht/pictureenv.4ht | 3 - .../tex4ht/svg-math-and-subfigures-README.md | 9 - .../latex/tex4ht/svg-math-and-subfigures.cfg | 90 - .../latex/tex4ht/svg-math-and-subfigures.tex | 82 - .../tex/latex/tex4ht/svg-set-size-to-1p0.mk4 | 2 - .../tex/latex/tex4ht/svg-set-size-to-1p1.mk4 | 2 - .../latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 | 2 - .../tex/latex/tex4ht/svg-set-size-to-1p2.mk4 | 2 - .../latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 | 2 - .../latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 | 2 - .../texmf-local/tex/latex/tex4htMakeCFG.sh | 21 - .../texmf-local/tex/latex/titlesec.sty | 1350 - .../texmf-local/texmf-local/README.md | 19 - .../texmf-local/bibtex/bib/economics.bib | 22357 --------------- .../texmf-local/bibtex/bst/econtex.bst | 1294 - .../texmf-local/bibtex/bst/handout.bst | 1294 - .../bibtex/bst/unsrtnatTitlesFirst.bst | 1403 - .../Resources/texmf-local/texmf-local/ls-R | 94 - .../texmf-local/tex/latex/ReadMe.texmf | 20 - .../tex/latex/articleNoRefHead.cls | 1 - .../texmf-local/tex/latex/bibMake.tex | 6 - .../texmf-local/tex/latex/cvBibMake.tex | 8 - .../texmf-local/tex/latex/econtex.cls | 411 - .../texmf-local/tex/latex/econtex.sty | 30 - .../texmf-local/tex/latex/econtexBibMake.tex | 7 - .../texmf-local/tex/latex/econtexSetup.sty | 237 - .../tex/latex/econtexShortcuts.sty | 662 - .../texmf-local/tex/latex/handout.cls | 412 - .../texmf-local/tex/latex/handout.sty | 30 - .../texmf-local/tex/latex/handoutBibMake.tex | 7 - .../texmf-local/tex/latex/handoutSetup.sty | 249 - .../tex/latex/handoutShortcuts.sty | 663 - .../tex/latex/makePostHandoutsStart.tex | 6 - .../texmf-local/tex/latex/printvrb.sty | 112 - .../texmf-local/tex/latex/snapshot.sty | 341 - .../tex/latex/tex4ht/pictureenv.4ht | 3 - .../tex4ht/svg-math-and-subfigures-README.md | 9 - .../latex/tex4ht/svg-math-and-subfigures.cfg | 90 - .../latex/tex4ht/svg-math-and-subfigures.tex | 82 - .../tex/latex/tex4ht/svg-set-size-to-1p0.mk4 | 2 - .../tex/latex/tex4ht/svg-set-size-to-1p1.mk4 | 2 - .../latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 | 2 - .../tex/latex/tex4ht/svg-set-size-to-1p2.mk4 | 2 - .../latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 | 2 - .../latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 | 2 - .../texmf-local/tex/latex/tex4htMakeCFG.sh | 21 - .../texmf-local/tex/latex/titlesec.sty | 1350 - .../texmf-local/texmf-local/web2c/texmf.cnf | 23 - .../Resources/texmf-local/web2c/texmf.cnf | 23 - docs/NARK/texmf-local/LICENSE | 201 - docs/NARK/texmf-local/README.md | 3 - docs/NARK/texmf-local/bibtex/bib/econark.bib | 3 - .../NARK/texmf-local/bibtex/bib/economics.bib | 23486 ---------------- docs/NARK/texmf-local/bibtex/bib/system.bib | 23486 ---------------- docs/NARK/texmf-local/bibtex/bst/abbrvnat.bst | 1436 - docs/NARK/texmf-local/bibtex/bst/econtex.bst | 1293 - docs/NARK/texmf-local/bibtex/bst/handout.bst | 1294 - docs/NARK/texmf-local/bibtex/bst/plainnat.bst | 1436 - docs/NARK/texmf-local/bibtex/bst/unsrtnat.bst | 1322 - .../bibtex/bst/unsrtnatTitlesFirst.bst | 1403 - docs/NARK/texmf-local/latexmkrc | 14 - .../tex/latex/articleNoRefHead.cls | 1 - docs/NARK/texmf-local/tex/latex/bibMake.tex | 6 - .../tex/latex/bibliography_blend.tex | 55 - docs/NARK/texmf-local/tex/latex/cvBibMake.tex | 8 - .../texmf-local/tex/latex/econark-make4ht.sty | 91 - docs/NARK/texmf-local/tex/latex/econtex.cls | 415 - docs/NARK/texmf-local/tex/latex/econtex.sty | 30 - .../texmf-local/tex/latex/econtexBibMake.tex | 7 - .../texmf-local/tex/latex/econtexSetup.sty | 239 - .../tex/latex/econtexShortcuts.sty | 658 - .../latex/handout-no-natbib-no-hyperref.cls | 419 - .../tex/latex/handout-no-natbib.cls | 419 - docs/NARK/texmf-local/tex/latex/handout.cls | 416 - docs/NARK/texmf-local/tex/latex/handout.sty | 30 - .../texmf-local/tex/latex/handoutBibMake.tex | 7 - .../tex/latex/handoutSetup-no-hyperref.sty | 251 - .../texmf-local/tex/latex/handoutSetup.sty | 251 - .../tex/latex/handoutShortcuts.sty | 659 - .../tex/latex/makePostHandoutsStart.tex | 6 - .../tex/latex/pdfsuppressruntime.sty | 15 - docs/NARK/texmf-local/tex/latex/subfiles.4ht | 10 - .../tex4ht/fix-domfilter-parsing-problems.cfg | 26 - .../fix-domfilter-parsing-problems_README.md | 3 - .../tex/latex/tex4ht/pictureenv.4ht | 3 - .../tex4ht/svg-math-and-subfigures-README.md | 9 - .../latex/tex4ht/svg-math-and-subfigures.cfg | 90 - ...figures_fix-dmofilter-parsing-problems.cfg | 107 - .../tex4ht/svg-math-and-subfigures_html5.cfg | 82 - ...gures_tex4ht-and-table-of-contents-fix.cfg | 122 - .../tex4ht/svg-math-and-subfigures_xhtml.cfg | 82 - .../tex/latex/tex4ht/svg-set-size-to-1p0.mk4 | 2 - .../tex/latex/tex4ht/svg-set-size-to-1p1.mk4 | 2 - .../latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 | 2 - .../tex/latex/tex4ht/svg-set-size-to-1p2.mk4 | 2 - .../latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 | 2 - .../latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 | 2 - ...tex4ht_and_table_of_content_issues_fix.cfg | 27 - .../texmf-local/tex/latex/tex4htMakeCFG.sh | 16 - docs/NARK/texmf-local/tex/latex/titlesec.sty | 1350 - docs/NARK/texmf-local/web2c/texmf.cnf | 34 - .../texmf-local/bibtex/bib/economics-UTF8.bib | 23116 --------------- docs/texmf-local/bibtex/bib/economics.bib | 23239 --------------- docs/texmf-local/bibtex/bst/econtex.bst | 1294 - docs/texmf-local/bibtex/bst/handout.bst | 1294 - .../bibtex/bst/unsrtnatTitlesFirst.bst | 1403 - docs/texmf-local/ls-R | 97 - docs/texmf-local/tex/latex/ReadMe.texmf | 20 - .../tex/latex/articleNoRefHead.cls | 1 - docs/texmf-local/tex/latex/bibMake.tex | 6 - docs/texmf-local/tex/latex/cvBibMake.tex | 8 - docs/texmf-local/tex/latex/econtex.cls | 406 - docs/texmf-local/tex/latex/econtex.sty | 30 - docs/texmf-local/tex/latex/econtexBibMake.tex | 7 - docs/texmf-local/tex/latex/econtexSetup.sty | 233 - .../tex/latex/econtexShortcuts.sty | 638 - docs/texmf-local/tex/latex/handout.cls | 407 - docs/texmf-local/tex/latex/handout.sty | 30 - docs/texmf-local/tex/latex/handoutBibMake.tex | 7 - docs/texmf-local/tex/latex/handoutSetup.sty | 247 - .../tex/latex/handoutshortcuts.sty | 630 - .../tex/latex/makePostHandoutsStart.tex | 6 - docs/texmf-local/tex/latex/printvrb.sty | 112 - docs/texmf-local/tex/latex/snapshot.sty | 341 - .../tex/latex/tex4ht/pictureenv.4ht | 3 - .../latex/tex4ht/svg-math-and-subfigures.cfg | 68 - .../tex/latex/tex4ht/svg-set-size-to-1p0.mk4 | 2 - docs/texmf-local/tex/latex/tex4htMakeCFG.sh | 16 - .../latex/texmf-local/tex/latex/econtex.cls | 398 - .../latex/texmf-local/tex/latex/econtex.sty | 30 - .../texmf-local/tex/latex/econtexBibMake.tex | 7 - .../texmf-local/tex/latex/econtexSetup.sty | 231 - .../tex/latex/econtexShortcuts.sty | 628 - .../latex/texmf-local/tex/latex/handout.cls | 365 - .../texmf-local/tex/latex/handoutSetup.sty | 244 - .../tex/latex/handoutShortcuts.sty | 639 - docs/texmf-local/tex/latex/titlesec.sty | 1350 - docs/texmf-local/web2c/texmf.cnf | 25 - 209 files changed, 189208 deletions(-) rename docs/{NARK => }/NARK.pdf (100%) mode change 100755 => 100644 delete mode 100755 docs/NARK/.latexmkrc delete mode 120000 docs/NARK/@resources-update-from-remote_private.sh delete mode 100755 docs/NARK/@resources/bash/@resources-update-from-remote_private.sh delete mode 100755 docs/NARK/@resources/symbols-mapping-latex.tex delete mode 100755 docs/NARK/@resources/symbols-mapping-prettify delete mode 100755 docs/NARK/@resources/symbols-mapping.bash delete mode 100755 docs/NARK/@resources/tex-add-search-paths.tex delete mode 100755 docs/NARK/@resources/texlive/texmf-local/LICENSE delete mode 100755 docs/NARK/@resources/texlive/texmf-local/README.md delete mode 100755 docs/NARK/@resources/texlive/texmf-local/bibtex/bib/econark.bib delete mode 100755 docs/NARK/@resources/texlive/texmf-local/bibtex/bib/system.bib delete mode 100755 docs/NARK/@resources/texlive/texmf-local/bibtex/bst/abbrvnat.bst delete mode 100755 docs/NARK/@resources/texlive/texmf-local/bibtex/bst/plainnat.bst delete mode 100755 docs/NARK/@resources/texlive/texmf-local/bibtex/bst/unsrtnat.bst delete mode 100755 docs/NARK/@resources/texlive/texmf-local/latexmkrc delete mode 100755 docs/NARK/@resources/texlive/texmf-local/scripts/.gitkeep delete mode 100755 docs/NARK/@resources/texlive/texmf-local/scripts/de-macro/de-macro delete mode 100755 docs/NARK/@resources/texlive/texmf-local/tex/latex/README.md delete mode 100755 docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-make4ht.sty delete mode 120000 docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-multibib.sty delete mode 100755 docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-onlyinsubfile.sty delete mode 100755 docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-titlepage.sty delete mode 100755 docs/NARK/@resources/texlive/texmf-local/tex/latex/econark.cls delete mode 100755 docs/NARK/@resources/texlive/texmf-local/tex/latex/econark.sty delete mode 100755 docs/NARK/@resources/texlive/texmf-local/tex/latex/llorracc-handouts.sty delete mode 100755 docs/NARK/@resources/texlive/texmf-local/tex/latex/pdfsuppressruntime.sty delete mode 100755 docs/NARK/@resources/texlive/texmf-local/tex/latex/tex4ht/tex4ht_and_table_of_content_issues_fix.cfg delete mode 100755 docs/NARK/@resources/texlive/texmf-local/web2c/.gitkeep delete mode 100755 docs/NARK/LaTeX/NARK-Add.bib delete mode 100755 docs/NARK/LaTeX/NARK.bib delete mode 100755 docs/NARK/LaTeX/NARK.dep delete mode 100755 docs/NARK/LaTeX/NARK.pdf delete mode 100755 docs/NARK/LaTeX/economics.bib delete mode 100644 docs/NARK/NARK-Add.bib delete mode 100755 docs/NARK/NARK.dep delete mode 100755 docs/NARK/NARK.tex delete mode 100755 docs/NARK/Resources/.git-public-commit delete mode 100755 docs/NARK/Resources/.git-source-commit delete mode 100755 docs/NARK/Resources/LaTeXInputs/BufferStockTheory-tikz.sty delete mode 100755 docs/NARK/Resources/LaTeXInputs/BufferStockTheory.sty delete mode 100755 docs/NARK/Resources/LaTeXInputs/econtex_onlyinsubfile.tex delete mode 100755 docs/NARK/Resources/PoweredByEconARK.pdf delete mode 100755 docs/NARK/Resources/PoweredByEconARK.svg delete mode 100755 docs/NARK/Resources/econ-ark-logo-small.png delete mode 100755 docs/NARK/Resources/econ-ark-logo-small.xbb delete mode 100755 docs/NARK/Resources/econtexPaths.tex delete mode 100755 docs/NARK/Resources/owner.tex delete mode 100755 docs/NARK/Resources/texmf-local/README.md delete mode 100755 docs/NARK/Resources/texmf-local/bibtex/bib/economics.bib delete mode 100755 docs/NARK/Resources/texmf-local/bibtex/bst/econtex.bst delete mode 100755 docs/NARK/Resources/texmf-local/bibtex/bst/handout.bst delete mode 100755 docs/NARK/Resources/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst delete mode 100755 docs/NARK/Resources/texmf-local/ls-R delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/ReadMe.texmf delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/articleNoRefHead.cls delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/bibMake.tex delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/cvBibMake.tex delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/econtex.cls delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/econtex.sty delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/econtexBibMake.tex delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/econtexSetup.sty delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/econtexShortcuts.sty delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/handout.cls delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/handout.sty delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/handoutBibMake.tex delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/handoutSetup.sty delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/handoutShortcuts.sty delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/makePostHandoutsStart.tex delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/printvrb.sty delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/snapshot.sty delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/tex4ht/pictureenv.4ht delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.tex delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/tex4htMakeCFG.sh delete mode 100755 docs/NARK/Resources/texmf-local/tex/latex/titlesec.sty delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/README.md delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/bibtex/bib/economics.bib delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/bibtex/bst/econtex.bst delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/bibtex/bst/handout.bst delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/ls-R delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/ReadMe.texmf delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/articleNoRefHead.cls delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/bibMake.tex delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/cvBibMake.tex delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtex.cls delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtex.sty delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexBibMake.tex delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexSetup.sty delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexShortcuts.sty delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handout.cls delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handout.sty delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutBibMake.tex delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutSetup.sty delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutShortcuts.sty delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/makePostHandoutsStart.tex delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/printvrb.sty delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/snapshot.sty delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/pictureenv.4ht delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.tex delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4htMakeCFG.sh delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/tex/latex/titlesec.sty delete mode 100755 docs/NARK/Resources/texmf-local/texmf-local/web2c/texmf.cnf delete mode 100755 docs/NARK/Resources/texmf-local/web2c/texmf.cnf delete mode 100644 docs/NARK/texmf-local/LICENSE delete mode 100644 docs/NARK/texmf-local/README.md delete mode 100644 docs/NARK/texmf-local/bibtex/bib/econark.bib delete mode 100644 docs/NARK/texmf-local/bibtex/bib/economics.bib delete mode 100644 docs/NARK/texmf-local/bibtex/bib/system.bib delete mode 100644 docs/NARK/texmf-local/bibtex/bst/abbrvnat.bst delete mode 100644 docs/NARK/texmf-local/bibtex/bst/econtex.bst delete mode 100644 docs/NARK/texmf-local/bibtex/bst/handout.bst delete mode 100644 docs/NARK/texmf-local/bibtex/bst/plainnat.bst delete mode 100644 docs/NARK/texmf-local/bibtex/bst/unsrtnat.bst delete mode 100755 docs/NARK/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst delete mode 100755 docs/NARK/texmf-local/latexmkrc delete mode 100755 docs/NARK/texmf-local/tex/latex/articleNoRefHead.cls delete mode 100755 docs/NARK/texmf-local/tex/latex/bibMake.tex delete mode 100644 docs/NARK/texmf-local/tex/latex/bibliography_blend.tex delete mode 100644 docs/NARK/texmf-local/tex/latex/cvBibMake.tex delete mode 100644 docs/NARK/texmf-local/tex/latex/econark-make4ht.sty delete mode 100644 docs/NARK/texmf-local/tex/latex/econtex.cls delete mode 100644 docs/NARK/texmf-local/tex/latex/econtex.sty delete mode 100644 docs/NARK/texmf-local/tex/latex/econtexBibMake.tex delete mode 100644 docs/NARK/texmf-local/tex/latex/econtexSetup.sty delete mode 100755 docs/NARK/texmf-local/tex/latex/econtexShortcuts.sty delete mode 100644 docs/NARK/texmf-local/tex/latex/handout-no-natbib-no-hyperref.cls delete mode 100644 docs/NARK/texmf-local/tex/latex/handout-no-natbib.cls delete mode 100644 docs/NARK/texmf-local/tex/latex/handout.cls delete mode 100755 docs/NARK/texmf-local/tex/latex/handout.sty delete mode 100755 docs/NARK/texmf-local/tex/latex/handoutBibMake.tex delete mode 100644 docs/NARK/texmf-local/tex/latex/handoutSetup-no-hyperref.sty delete mode 100644 docs/NARK/texmf-local/tex/latex/handoutSetup.sty delete mode 100644 docs/NARK/texmf-local/tex/latex/handoutShortcuts.sty delete mode 100644 docs/NARK/texmf-local/tex/latex/makePostHandoutsStart.tex delete mode 100644 docs/NARK/texmf-local/tex/latex/pdfsuppressruntime.sty delete mode 100644 docs/NARK/texmf-local/tex/latex/subfiles.4ht delete mode 100644 docs/NARK/texmf-local/tex/latex/tex4ht/fix-domfilter-parsing-problems.cfg delete mode 100644 docs/NARK/texmf-local/tex/latex/tex4ht/fix-domfilter-parsing-problems_README.md delete mode 100644 docs/NARK/texmf-local/tex/latex/tex4ht/pictureenv.4ht delete mode 100644 docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md delete mode 100644 docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg delete mode 100644 docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_fix-dmofilter-parsing-problems.cfg delete mode 100644 docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_html5.cfg delete mode 100644 docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_tex4ht-and-table-of-contents-fix.cfg delete mode 100644 docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_xhtml.cfg delete mode 100644 docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 delete mode 100644 docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 delete mode 100644 docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 delete mode 100644 docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 delete mode 100644 docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 delete mode 100644 docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 delete mode 100644 docs/NARK/texmf-local/tex/latex/tex4ht/tex4ht_and_table_of_content_issues_fix.cfg delete mode 100755 docs/NARK/texmf-local/tex/latex/tex4htMakeCFG.sh delete mode 100644 docs/NARK/texmf-local/tex/latex/titlesec.sty delete mode 100644 docs/NARK/texmf-local/web2c/texmf.cnf delete mode 100644 docs/texmf-local/bibtex/bib/economics-UTF8.bib delete mode 100644 docs/texmf-local/bibtex/bib/economics.bib delete mode 100644 docs/texmf-local/bibtex/bst/econtex.bst delete mode 100644 docs/texmf-local/bibtex/bst/handout.bst delete mode 100755 docs/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst delete mode 100644 docs/texmf-local/ls-R delete mode 100644 docs/texmf-local/tex/latex/ReadMe.texmf delete mode 100755 docs/texmf-local/tex/latex/articleNoRefHead.cls delete mode 100755 docs/texmf-local/tex/latex/bibMake.tex delete mode 100644 docs/texmf-local/tex/latex/cvBibMake.tex delete mode 100644 docs/texmf-local/tex/latex/econtex.cls delete mode 100644 docs/texmf-local/tex/latex/econtex.sty delete mode 100644 docs/texmf-local/tex/latex/econtexBibMake.tex delete mode 100644 docs/texmf-local/tex/latex/econtexSetup.sty delete mode 100755 docs/texmf-local/tex/latex/econtexShortcuts.sty delete mode 100644 docs/texmf-local/tex/latex/handout.cls delete mode 100755 docs/texmf-local/tex/latex/handout.sty delete mode 100755 docs/texmf-local/tex/latex/handoutBibMake.tex delete mode 100644 docs/texmf-local/tex/latex/handoutSetup.sty delete mode 100644 docs/texmf-local/tex/latex/handoutshortcuts.sty delete mode 100644 docs/texmf-local/tex/latex/makePostHandoutsStart.tex delete mode 100755 docs/texmf-local/tex/latex/printvrb.sty delete mode 100644 docs/texmf-local/tex/latex/snapshot.sty delete mode 100644 docs/texmf-local/tex/latex/tex4ht/pictureenv.4ht delete mode 100644 docs/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg delete mode 100644 docs/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 delete mode 100755 docs/texmf-local/tex/latex/tex4htMakeCFG.sh delete mode 100644 docs/texmf-local/tex/latex/texmf-local/tex/latex/econtex.cls delete mode 100644 docs/texmf-local/tex/latex/texmf-local/tex/latex/econtex.sty delete mode 100644 docs/texmf-local/tex/latex/texmf-local/tex/latex/econtexBibMake.tex delete mode 100644 docs/texmf-local/tex/latex/texmf-local/tex/latex/econtexSetup.sty delete mode 100644 docs/texmf-local/tex/latex/texmf-local/tex/latex/econtexShortcuts.sty delete mode 100644 docs/texmf-local/tex/latex/texmf-local/tex/latex/handout.cls delete mode 100644 docs/texmf-local/tex/latex/texmf-local/tex/latex/handoutSetup.sty delete mode 100644 docs/texmf-local/tex/latex/texmf-local/tex/latex/handoutShortcuts.sty delete mode 100644 docs/texmf-local/tex/latex/titlesec.sty delete mode 100644 docs/texmf-local/web2c/texmf.cnf diff --git a/docs/NARK/NARK.pdf b/docs/NARK.pdf old mode 100755 new mode 100644 similarity index 100% rename from docs/NARK/NARK.pdf rename to docs/NARK.pdf diff --git a/docs/NARK/.latexmkrc b/docs/NARK/.latexmkrc deleted file mode 100755 index a51d3004c..000000000 --- a/docs/NARK/.latexmkrc +++ /dev/null @@ -1,14 +0,0 @@ -# -*- mode: shell-script; coding: utf-8 -*- -# Google 'latexmk' for explanation of this config file -# latexmk at unix command line will compile the paper -$do_cd = 1; -#$clean_ext = "nav out snm dvi idv tmp xref 4tc out aux log fls fdb_latexmk synctex.gz toc svg png 4ct ps out.ps mk4 lg cfg css html yml upa upb"; -@generated_exts = (@generated_exts, 'blg','fdb_latexmk','fls', 'idv','md.tmp','mk4','lg','snm','synctex.gz', 'tex.cfg','nav','out','ps','ps_out','tex.mk4', 'tmp', 'upa','upb','toc','4ct'); -$bibtex_use=2; -$pdf_mode = 1; -$rc_report = 1; -$pdflatex="pdflatex -interaction=nonstopmode %O %S"; -@default_files = ('*.tex'); -$aux_out_dir_report = 0; -$silent = 1; -#warn "PATH = '$ENV{PATH}'\n"; diff --git a/docs/NARK/@resources-update-from-remote_private.sh b/docs/NARK/@resources-update-from-remote_private.sh deleted file mode 120000 index 11b3f5eaa..000000000 --- a/docs/NARK/@resources-update-from-remote_private.sh +++ /dev/null @@ -1 +0,0 @@ -/Volumes/Sync/GitHub/econ-ark/econ-ark-tools/@resources/bash/@resources-update-from-remote_private.sh diff --git a/docs/NARK/@resources/bash/@resources-update-from-remote_private.sh b/docs/NARK/@resources/bash/@resources-update-from-remote_private.sh deleted file mode 100755 index ba3282e19..000000000 --- a/docs/NARK/@resources/bash/@resources-update-from-remote_private.sh +++ /dev/null @@ -1,43 +0,0 @@ -#!/bin/bash -# Pull down the latest @resources and replace local files -# with the same names. Leave alone any existing files -# that do not have a counterpart in in the upstream -# written by Claude, edited by CDC - -# script should live in directory of the @resources file to be updated - -# path to the directory the script lives in - -# Set the GitHub repository URL and the desired subdirectory -repo_url="https://github.com/econ-ark/econ-ark-tools.git" - -# directory of this script -here="$(realpath $(dirname $0))" # here=/Volumes/Data/Papers/BufferStockTheory/BufferStockTheory-Latest/ - -# subdirectory path -repo_subdir="@resources" - -repo_url_root="https://github.com/econ-ark/econ-ark-tools" -resources="@resources" -repo_dirpath="$repo_url_root/$resources" - -# Set the destination directory on your macOS computer -dest_dir="$here/@resources" - -# Create a temporary directory for cloning the repository -temp_dir=$(mktemp -d) - -# Clone the GitHub repository into the temporary directory -git clone --depth 1 "$repo_url" "$temp_dir" - -# Navigate to the desired subdirectory within the cloned repository -pushd . ; cd "$temp_dir/$repo_subdir" - -# Copy the contents of the subdirectory to the destination directory -rsync -avh --delete --checksum --itemize-changes --out-format="%i %n%L" . "$dest_dir" | grep '^>f.*c' | tee >(awk 'END { if (NR == 0) print "\nno files were changed\n"; else print NR, "files were changed\n" }') - -# Remove the temporary directory -#rm -rf "$temp_dir" - -# Return to the source directory -popd diff --git a/docs/NARK/@resources/symbols-mapping-latex.tex b/docs/NARK/@resources/symbols-mapping-latex.tex deleted file mode 100755 index 93d75cc2e..000000000 --- a/docs/NARK/@resources/symbols-mapping-latex.tex +++ /dev/null @@ -1,19 +0,0 @@ -\newcommand{\aNrm}{a} -\newcommand{\bNrm}{b} -\newcommand{\cNrm}{c} -\newcommand{\dNrm}{d} -\newcommand{\eNrm}{e} -\newcommand{\hNrm}{h} -\newcommand{\wNrm}{w} -\newcommand{\pNrm}{p} -\newcommand{\kNrm}{k} -\newcommand{\mNrm}{m} -\newcommand{\vNrm}{v} -\newcommand{\xNrm}{x} -\newcommand{\yNrm}{y} -\newcommand{\yNrm}{y} -\newcommand{\zNrm}{z} -\newcommand{\prd}{t} -\newcommand{\prdt}{t} -\newcommand{\prdT}{t} -\newcommand{\trmT}{T} diff --git a/docs/NARK/@resources/symbols-mapping-prettify b/docs/NARK/@resources/symbols-mapping-prettify deleted file mode 100755 index 5d7eccdbd..000000000 --- a/docs/NARK/@resources/symbols-mapping-prettify +++ /dev/null @@ -1,55 +0,0 @@ -("\aNrm" . ?a) -("\bNrm" . ?b) -("\cNrm" . ?c) -("\dNrm" . ?d) -("\eNrm" . ?e) -("\hNrm" . ?h) -("\wNrm" . ?w) -("\pNrm" . ?p) -("\kNrm" . ?k) -("\mNrm" . ?m) -("\vNrm" . ?v) -("\xNrm" . ?x) -("\yNrm" . ?y) -("\yNrm" . ?y) -("\zNrm" . ?z) -("\prd" . ?t) -("\prdt" . ?t) -("\prdT" . ?t) -("\trmT" . ?T) -("\aLvl" . ?𝐚) -("\bLvl" . ?𝐛) -("\cLvl" . ?𝐜) -("\hLvl" . ?𝐡) -("\pLvl" . ?𝐩) -("\kLvl" . ?𝐤) -("\mLvl" . ?𝐦) -("\vLvl" . ?𝐯) -("\yLvl" . ?𝐲) -("\Ex" . ?𝔼) -("\PermGroFac" . ?𝒢) -("\PermGroFacAdj" . ? ) -("\PermGroFacAdj" . ? ) -("\RNrm" . ?ℛ) -("\vFunc" . ?𝚟) -("\uFunc" . ?𝚞) -("\cFunc" . ?𝚌) -("\DiscFac" . ?β) -("\std" . ?σ) -("\CRRA" . ?ρ) -("\Rfree" . ?R) -("\Risky" . ?𝐑) -("\Rport" . ?ℜ) -("\Shr" . ?Ϛ) -("\TranShkEmp" . ?θ) -("\TranShkEmpDum" . ?ϑ) -("\tranShkEmp" . ?θ) -("\tranShkEmpDum" . ?ϑ) -("\Nrml" . ?𝒩) -("\arvl" . ?←) -("\cntn" . ?→) -("\BegMark" . ?←) -("\EndMark" . ?→) -("\wlthAftr" . ?ẃ) -("\wlthBefr" . ?w) -("\labor" . ?ℓ) diff --git a/docs/NARK/@resources/symbols-mapping.bash b/docs/NARK/@resources/symbols-mapping.bash deleted file mode 100755 index 5b41a21a2..000000000 --- a/docs/NARK/@resources/symbols-mapping.bash +++ /dev/null @@ -1,94 +0,0 @@ -#!/bin/bash - -letter_rules=( - "\\aNrm:a" - "\\bNrm:b" - "\\cNrm:c" - "\\dNrm:d" - "\\eNrm:e" - "\\hNrm:h" - "\\wNrm:w" - "\\pNrm:p" - "\\kNrm:k" - "\\mNrm:m" - "\\vNrm:v" - "\\xNrm:x" - "\\yNrm:y" - "\\yNrm:y" - "\\zNrm:z" - "\\prd:t" - "\\prdt:t" - "\\prdT:t" - "\\trmT:T" -) -unicode_rules=( - "\\aLvl:𝐚" - "\\bLvl:𝐛" - "\\cLvl:𝐜" - "\\hLvl:𝐡" - "\\pLvl:𝐩" - "\\kLvl:𝐤" - "\\mLvl:𝐦" - "\\vLvl:𝐯" - "\\yLvl:𝐲" - "\\Ex:𝔼" - "\\PermGroFac:𝒢" - "\\PermGroFacAdj: " - "\\PermGroFacAdj: " - "\\RNrm:ℛ" - "\\vFunc:𝚟" - "\\uFunc:𝚞" - "\\cFunc:𝚌" - "\\DiscFac:β" - "\\std:σ" - "\\CRRA:ρ" - "\\Rfree:R" - "\\Risky:𝐑" - "\\Rport:ℜ" - "\\Shr:Ϛ" - "\\TranShkEmp:θ" - "\\TranShkEmpDum:ϑ" - "\\tranShkEmp:θ" - "\\tranShkEmpDum:ϑ" - "\\Nrml:𝒩" - "\\arvl:←" - "\\cntn:→" - "\\BegMark:←" - "\\EndMark:→" - "\\wlthAftr:ẃ" - "\\wlthBefr:w" - "\\labor:ℓ" - ) - -generate_prettify_rules() { - output_file="symbols-mapping-prettify" - > "$output_file" - - for rule in "${letter_rules[@]}"; do - IFS=':' read -r command symbol <<< "$rule" - echo "(\"$command\" . ?$symbol)" >> "$output_file" - done - - for rule in "${unicode_rules[@]}"; do - IFS=':' read -r command symbol <<< "$rule" - echo "(\"$command\" . ?$symbol)" >> "$output_file" - done - - echo "Prettify rules generated in $output_file" -} - -generate_prettify_rules - -generate_latex_commands() { - output_file="symbols-mapping-latex.tex" - > "$output_file" - - for rule in "${letter_rules[@]}"; do - IFS=':' read -r command symbol <<< "$rule" - echo "\\newcommand{$command}{$symbol}" >> "$output_file" - done - - echo "LaTeX commands generated in $output_file" -} - -generate_latex_commands diff --git a/docs/NARK/@resources/tex-add-search-paths.tex b/docs/NARK/@resources/tex-add-search-paths.tex deleted file mode 100755 index c21538c70..000000000 --- a/docs/NARK/@resources/tex-add-search-paths.tex +++ /dev/null @@ -1,17 +0,0 @@ -% Add the listed directories to the search path -% (allows easy moving of files around later) -% these paths are searched AFTER local config kpsewhich - -% *.sty, *.cls -\makeatletter -\def\input@path{{@resources/texlive/texmf-local/tex/latex//} - ,{@resources/texlive/latex//} - ,{@local//} - } -\makeatother -\makeatletter -\def\bibinput@path{{@resources/texlive/texmf-local/tex/latex//} - ,{@resources/texlive/latex//}, - ,{@local//} - } -\makeatother diff --git a/docs/NARK/@resources/texlive/texmf-local/LICENSE b/docs/NARK/@resources/texlive/texmf-local/LICENSE deleted file mode 100755 index 261eeb9e9..000000000 --- a/docs/NARK/@resources/texlive/texmf-local/LICENSE +++ /dev/null @@ -1,201 +0,0 @@ - Apache License - Version 2.0, January 2004 - http://www.apache.org/licenses/ - - TERMS AND CONDITIONS FOR USE, REPRODUCTION, AND DISTRIBUTION - - 1. Definitions. - - "License" shall mean the terms and conditions for use, reproduction, - and distribution as defined by Sections 1 through 9 of this document. - - "Licensor" shall mean the copyright owner or entity authorized by - the copyright owner that is granting the License. - - "Legal Entity" shall mean the union of the acting entity and all - other entities that control, are controlled by, or are under common - control with that entity. For the purposes of this definition, - "control" means (i) the power, direct or indirect, to cause the - direction or management of such entity, whether by contract or - otherwise, or (ii) ownership of fifty percent (50%) or more of the - outstanding shares, or (iii) beneficial ownership of such entity. - - "You" (or "Your") shall mean an individual or Legal Entity - exercising permissions granted by this License. - - "Source" form shall mean the preferred form for making modifications, - including but not limited to software source code, documentation - source, and configuration files. - - "Object" form shall mean any form resulting from mechanical - transformation or translation of a Source form, including but - not limited to compiled object code, generated documentation, - and conversions to other media types. - - "Work" shall mean the work of authorship, whether in Source or - Object form, made available under the License, as indicated by a - copyright notice that is included in or attached to the work - (an example is provided in the Appendix below). - - "Derivative Works" shall mean any work, whether in Source or Object - form, that is based on (or derived from) the Work and for which the - editorial revisions, annotations, elaborations, or other modifications - represent, as a whole, an original work of authorship. For the purposes - of this License, Derivative Works shall not include works that remain - separable from, or merely link (or bind by name) to the interfaces of, - the Work and Derivative Works thereof. - - "Contribution" shall mean any work of authorship, including - the original version of the Work and any modifications or additions - to that Work or Derivative Works thereof, that is intentionally - submitted to Licensor for inclusion in the Work by the copyright owner - or by an individual or Legal Entity authorized to submit on behalf of - the copyright owner. For the purposes of this definition, "submitted" - means any form of electronic, verbal, or written communication sent - to the Licensor or its representatives, including but not limited to - communication on electronic mailing lists, source code control systems, - and issue tracking systems that are managed by, or on behalf of, the - Licensor for the purpose of discussing and improving the Work, but - excluding communication that is conspicuously marked or otherwise - designated in writing by the copyright owner as "Not a Contribution." - - "Contributor" shall mean Licensor and any individual or Legal Entity - on behalf of whom a Contribution has been received by Licensor and - subsequently incorporated within the Work. - - 2. Grant of Copyright License. Subject to the terms and conditions of - this License, each Contributor hereby grants to You a perpetual, - worldwide, non-exclusive, no-charge, royalty-free, irrevocable - copyright license to reproduce, prepare Derivative Works of, - publicly display, publicly perform, sublicense, and distribute the - Work and such Derivative Works in Source or Object form. - - 3. Grant of Patent License. Subject to the terms and conditions of - this License, each Contributor hereby grants to You a perpetual, - worldwide, non-exclusive, no-charge, royalty-free, irrevocable - (except as stated in this section) patent license to make, have made, - use, offer to sell, sell, import, and otherwise transfer the Work, - where such license applies only to those patent claims licensable - by such Contributor that are necessarily infringed by their - Contribution(s) alone or by combination of their Contribution(s) - with the Work to which such Contribution(s) was submitted. If You - institute patent litigation against any entity (including a - cross-claim or counterclaim in a lawsuit) alleging that the Work - or a Contribution incorporated within the Work constitutes direct - or contributory patent infringement, then any patent licenses - granted to You under this License for that Work shall terminate - as of the date such litigation is filed. - - 4. Redistribution. You may reproduce and distribute copies of the - Work or Derivative Works thereof in any medium, with or without - modifications, and in Source or Object form, provided that You - meet the following conditions: - - (a) You must give any other recipients of the Work or - Derivative Works a copy of this License; and - - (b) You must cause any modified files to carry prominent notices - stating that You changed the files; and - - (c) You must retain, in the Source form of any Derivative Works - that You distribute, all copyright, patent, trademark, and - attribution notices from the Source form of the Work, - excluding those notices that do not pertain to any part of - the Derivative Works; and - - (d) If the Work includes a "NOTICE" text file as part of its - distribution, then any Derivative Works that You distribute must - include a readable copy of the attribution notices contained - within such NOTICE file, excluding those notices that do not - pertain to any part of the Derivative Works, in at least one - of the following places: within a NOTICE text file distributed - as part of the Derivative Works; within the Source form or - documentation, if provided along with the Derivative Works; or, - within a display generated by the Derivative Works, if and - wherever such third-party notices normally appear. The contents - of the NOTICE file are for informational purposes only and - do not modify the License. You may add Your own attribution - notices within Derivative Works that You distribute, alongside - or as an addendum to the NOTICE text from the Work, provided - that such additional attribution notices cannot be construed - as modifying the License. - - You may add Your own copyright statement to Your modifications and - may provide additional or different license terms and conditions - for use, reproduction, or distribution of Your modifications, or - for any such Derivative Works as a whole, provided Your use, - reproduction, and distribution of the Work otherwise complies with - the conditions stated in this License. - - 5. Submission of Contributions. Unless You explicitly state otherwise, - any Contribution intentionally submitted for inclusion in the Work - by You to the Licensor shall be under the terms and conditions of - this License, without any additional terms or conditions. - Notwithstanding the above, nothing herein shall supersede or modify - the terms of any separate license agreement you may have executed - with Licensor regarding such Contributions. - - 6. Trademarks. This License does not grant permission to use the trade - names, trademarks, service marks, or product names of the Licensor, - except as required for reasonable and customary use in describing the - origin of the Work and reproducing the content of the NOTICE file. - - 7. Disclaimer of Warranty. Unless required by applicable law or - agreed to in writing, Licensor provides the Work (and each - Contributor provides its Contributions) on an "AS IS" BASIS, - WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or - implied, including, without limitation, any warranties or conditions - of TITLE, NON-INFRINGEMENT, MERCHANTABILITY, or FITNESS FOR A - PARTICULAR PURPOSE. You are solely responsible for determining the - appropriateness of using or redistributing the Work and assume any - risks associated with Your exercise of permissions under this License. - - 8. Limitation of Liability. In no event and under no legal theory, - whether in tort (including negligence), contract, or otherwise, - unless required by applicable law (such as deliberate and grossly - negligent acts) or agreed to in writing, shall any Contributor be - liable to You for damages, including any direct, indirect, special, - incidental, or consequential damages of any character arising as a - result of this License or out of the use or inability to use the - Work (including but not limited to damages for loss of goodwill, - work stoppage, computer failure or malfunction, or any and all - other commercial damages or losses), even if such Contributor - has been advised of the possibility of such damages. - - 9. Accepting Warranty or Additional Liability. While redistributing - the Work or Derivative Works thereof, You may choose to offer, - and charge a fee for, acceptance of support, warranty, indemnity, - or other liability obligations and/or rights consistent with this - License. However, in accepting such obligations, You may act only - on Your own behalf and on Your sole responsibility, not on behalf - of any other Contributor, and only if You agree to indemnify, - defend, and hold each Contributor harmless for any liability - incurred by, or claims asserted against, such Contributor by reason - of your accepting any such warranty or additional liability. - - END OF TERMS AND CONDITIONS - - APPENDIX: How to apply the Apache License to your work. - - To apply the Apache License to your work, attach the following - boilerplate notice, with the fields enclosed by brackets "[]" - replaced with your own identifying information. (Don't include - the brackets!) The text should be enclosed in the appropriate - comment syntax for the file format. We also recommend that a - file or class name and description of purpose be included on the - same "printed page" as the copyright notice for easier - identification within third-party archives. - - Copyright [yyyy] [name of copyright owner] - - Licensed under the Apache License, Version 2.0 (the "License"); - you may not use this file except in compliance with the License. - You may obtain a copy of the License at - - http://www.apache.org/licenses/LICENSE-2.0 - - Unless required by applicable law or agreed to in writing, software - distributed under the License is distributed on an "AS IS" BASIS, - WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied. - See the License for the specific language governing permissions and - limitations under the License. diff --git a/docs/NARK/@resources/texlive/texmf-local/README.md b/docs/NARK/@resources/texlive/texmf-local/README.md deleted file mode 100755 index 6a17b4bb5..000000000 --- a/docs/NARK/@resources/texlive/texmf-local/README.md +++ /dev/null @@ -1,3 +0,0 @@ -# texmf-local contains customizations of LaTeX - -CDC private version of texmf-local, used across all systems diff --git a/docs/NARK/@resources/texlive/texmf-local/bibtex/bib/econark.bib b/docs/NARK/@resources/texlive/texmf-local/bibtex/bib/econark.bib deleted file mode 100755 index a392dfda3..000000000 --- a/docs/NARK/@resources/texlive/texmf-local/bibtex/bib/econark.bib +++ /dev/null @@ -1,3 +0,0 @@ -,-------------------. -| BIBTEX ENTRIES | -`-------------------' diff --git a/docs/NARK/@resources/texlive/texmf-local/bibtex/bib/system.bib b/docs/NARK/@resources/texlive/texmf-local/bibtex/bib/system.bib deleted file mode 100755 index a392dfda3..000000000 --- a/docs/NARK/@resources/texlive/texmf-local/bibtex/bib/system.bib +++ /dev/null @@ -1,3 +0,0 @@ -,-------------------. -| BIBTEX ENTRIES | -`-------------------' diff --git a/docs/NARK/@resources/texlive/texmf-local/bibtex/bst/abbrvnat.bst b/docs/NARK/@resources/texlive/texmf-local/bibtex/bst/abbrvnat.bst deleted file mode 100755 index 97299b3bb..000000000 --- a/docs/NARK/@resources/texlive/texmf-local/bibtex/bst/abbrvnat.bst +++ /dev/null @@ -1,1436 +0,0 @@ -%% File: `abbrvnat.bst' -%% A modification of `abbrv.bst' for use with natbib package -%% -%% Copyright 1993-2007 Patrick W Daly -%% Max-Planck-Institut f\"ur Sonnensystemforschung -%% Max-Planck-Str. 2 -%% D-37191 Katlenburg-Lindau -%% Germany -%% E-mail: daly@mps.mpg.de -%% -%% This program can be redistributed and/or modified under the terms -%% of the LaTeX Project Public License Distributed from CTAN -%% archives in directory macros/latex/base/lppl.txt; either -%% version 1 of the License, or any later version. -%% - % Version and source file information: - % \ProvidesFile{natbst.mbs}[2007/11/26 1.93 (PWD)] - % - % BibTeX `plainnat' family - % version 0.99b for BibTeX versions 0.99a or later, - % for LaTeX versions 2.09 and 2e. - % - % For use with the `natbib.sty' package; emulates the corresponding - % member of the `plain' family, but with author-year citations. - % - % With version 6.0 of `natbib.sty', it may also be used for numerical - % citations, while retaining the commands \citeauthor, \citefullauthor, - % and \citeyear to print the corresponding information. - % - % For version 7.0 of `natbib.sty', the KEY field replaces missing - % authors/editors, and the date is left blank in \bibitem. - % - % Includes field EID for the sequence/citation number of electronic journals - % which is used instead of page numbers. - % - % Includes fields ISBN and ISSN. - % - % Includes field URL for Internet addresses. - % - % Includes field DOI for Digital Object Idenfifiers. - % - % Works best with the url.sty package of Donald Arseneau. - % - % Works with identical authors and year are further sorted by - % citation key, to preserve any natural sequence. - % -ENTRY - { address - author - booktitle - chapter - doi - eid - edition - editor - howpublished - institution - isbn - issn - journal - key - month - note - number - organization - pages - publisher - school - series - title - type - url - volume - year - } - {} - { label extra.label sort.label short.list } - -INTEGERS { output.state before.all mid.sentence after.sentence after.block } - -FUNCTION {init.state.consts} -{ #0 'before.all := - #1 'mid.sentence := - #2 'after.sentence := - #3 'after.block := -} - -STRINGS { s t } - -FUNCTION {output.nonnull} -{ 's := - output.state mid.sentence = - { ", " * write$ } - { output.state after.block = - { add.period$ write$ - newline$ - "\newblock " write$ - } - { output.state before.all = - 'write$ - { add.period$ " " * write$ } - if$ - } - if$ - mid.sentence 'output.state := - } - if$ - s -} - -FUNCTION {output} -{ duplicate$ empty$ - 'pop$ - 'output.nonnull - if$ -} - -FUNCTION {output.check} -{ 't := - duplicate$ empty$ - { pop$ "empty " t * " in " * cite$ * warning$ } - 'output.nonnull - if$ -} - -FUNCTION {fin.entry} -{ add.period$ - write$ - newline$ -} - -FUNCTION {new.block} -{ output.state before.all = - 'skip$ - { after.block 'output.state := } - if$ -} - -FUNCTION {new.sentence} -{ output.state after.block = - 'skip$ - { output.state before.all = - 'skip$ - { after.sentence 'output.state := } - if$ - } - if$ -} - -FUNCTION {not} -{ { #0 } - { #1 } - if$ -} - -FUNCTION {and} -{ 'skip$ - { pop$ #0 } - if$ -} - -FUNCTION {or} -{ { pop$ #1 } - 'skip$ - if$ -} - -FUNCTION {new.block.checka} -{ empty$ - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.block.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.sentence.checka} -{ empty$ - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {new.sentence.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {field.or.null} -{ duplicate$ empty$ - { pop$ "" } - 'skip$ - if$ -} - -FUNCTION {emphasize} -{ duplicate$ empty$ - { pop$ "" } - { "\emph{" swap$ * "}" * } - if$ -} - -INTEGERS { nameptr namesleft numnames } - -FUNCTION {format.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr "{f.~}{vv~}{ll}{, jj}" format.name$ 't := - nameptr #1 > - { namesleft #1 > - { ", " * t * } - { numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {format.key} -{ empty$ - { key field.or.null } - { "" } - if$ -} - -FUNCTION {format.authors} -{ author empty$ - { "" } - { author format.names } - if$ -} - -FUNCTION {format.editors} -{ editor empty$ - { "" } - { editor format.names - editor num.names$ #1 > - { ", editors" * } - { ", editor" * } - if$ - } - if$ -} - -FUNCTION {format.isbn} -{ isbn empty$ - { "" } - { new.block "ISBN " isbn * } - if$ -} - -FUNCTION {format.issn} -{ issn empty$ - { "" } - { new.block "ISSN " issn * } - if$ -} - -FUNCTION {format.url} -{ url empty$ - { "" } - { new.block "URL \url{" url * "}" * } - if$ -} - -FUNCTION {format.doi} -{ doi empty$ - { "" } - { new.block "\doi{" doi * "}" * } - if$ -} - -FUNCTION {format.title} -{ title empty$ - { "" } - { title "t" change.case$ } - if$ -} - -FUNCTION {format.full.names} -{'s := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr - "{vv~}{ll}" format.name$ 't := - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {author.editor.full} -{ author empty$ - { editor empty$ - { "" } - { editor format.full.names } - if$ - } - { author format.full.names } - if$ -} - -FUNCTION {author.full} -{ author empty$ - { "" } - { author format.full.names } - if$ -} - -FUNCTION {editor.full} -{ editor empty$ - { "" } - { editor format.full.names } - if$ -} - -FUNCTION {make.full.names} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.full - { type$ "proceedings" = - 'editor.full - 'author.full - if$ - } - if$ -} - -FUNCTION {output.bibitem} -{ newline$ - "\bibitem[" write$ - label write$ - ")" make.full.names duplicate$ short.list = - { pop$ } - { * } - if$ - "]{" * write$ - cite$ write$ - "}" write$ - newline$ - "" - before.all 'output.state := -} - -FUNCTION {n.dashify} -{ 't := - "" - { t empty$ not } - { t #1 #1 substring$ "-" = - { t #1 #2 substring$ "--" = not - { "--" * - t #2 global.max$ substring$ 't := - } - { { t #1 #1 substring$ "-" = } - { "-" * - t #2 global.max$ substring$ 't := - } - while$ - } - if$ - } - { t #1 #1 substring$ * - t #2 global.max$ substring$ 't := - } - if$ - } - while$ -} - -FUNCTION {format.date} -{ year duplicate$ empty$ - { "empty year in " cite$ * warning$ - pop$ "" } - 'skip$ - if$ - month empty$ - 'skip$ - { month - " " * swap$ * - } - if$ - extra.label * -} - -FUNCTION {format.btitle} -{ title emphasize -} - -FUNCTION {tie.or.space.connect} -{ duplicate$ text.length$ #3 < - { "~" } - { " " } - if$ - swap$ * * -} - -FUNCTION {either.or.check} -{ empty$ - 'pop$ - { "can't use both " swap$ * " fields in " * cite$ * warning$ } - if$ -} - -FUNCTION {format.bvolume} -{ volume empty$ - { "" } - { "volume" volume tie.or.space.connect - series empty$ - 'skip$ - { " of " * series emphasize * } - if$ - "volume and number" number either.or.check - } - if$ -} - -FUNCTION {format.number.series} -{ volume empty$ - { number empty$ - { series field.or.null } - { output.state mid.sentence = - { "number" } - { "Number" } - if$ - number tie.or.space.connect - series empty$ - { "there's a number but no series in " cite$ * warning$ } - { " in " * series * } - if$ - } - if$ - } - { "" } - if$ -} - -FUNCTION {format.edition} -{ edition empty$ - { "" } - { output.state mid.sentence = - { edition "l" change.case$ " edition" * } - { edition "t" change.case$ " edition" * } - if$ - } - if$ -} - -INTEGERS { multiresult } - -FUNCTION {multi.page.check} -{ 't := - #0 'multiresult := - { multiresult not - t empty$ not - and - } - { t #1 #1 substring$ - duplicate$ "-" = - swap$ duplicate$ "," = - swap$ "+" = - or or - { #1 'multiresult := } - { t #2 global.max$ substring$ 't := } - if$ - } - while$ - multiresult -} - -FUNCTION {format.pages} -{ pages empty$ - { "" } - { pages multi.page.check - { "pages" pages n.dashify tie.or.space.connect } - { "page" pages tie.or.space.connect } - if$ - } - if$ -} - -FUNCTION {format.eid} -{ eid empty$ - { "" } - { "art." eid tie.or.space.connect } - if$ -} - -FUNCTION {format.vol.num.pages} -{ volume field.or.null - number empty$ - 'skip$ - { "\penalty0 (" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - pages empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.pages } - { ":\penalty0 " * pages n.dashify * } - if$ - } - if$ -} - -FUNCTION {format.vol.num.eid} -{ volume field.or.null - number empty$ - 'skip$ - { "\penalty0 (" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - eid empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.eid } - { ":\penalty0 " * eid * } - if$ - } - if$ -} - -FUNCTION {format.chapter.pages} -{ chapter empty$ - 'format.pages - { type empty$ - { "chapter" } - { type "l" change.case$ } - if$ - chapter tie.or.space.connect - pages empty$ - 'skip$ - { ", " * format.pages * } - if$ - } - if$ -} - -FUNCTION {format.in.ed.booktitle} -{ booktitle empty$ - { "" } - { editor empty$ - { "In " booktitle emphasize * } - { "In " format.editors * ", " * booktitle emphasize * } - if$ - } - if$ -} - -FUNCTION {empty.misc.check} -{ author empty$ title empty$ howpublished empty$ - month empty$ year empty$ note empty$ - and and and and and - key empty$ not and - { "all relevant fields are empty in " cite$ * warning$ } - 'skip$ - if$ -} - -FUNCTION {format.thesis.type} -{ type empty$ - 'skip$ - { pop$ - type "t" change.case$ - } - if$ -} - -FUNCTION {format.tr.number} -{ type empty$ - { "Technical Report" } - 'type - if$ - number empty$ - { "t" change.case$ } - { number tie.or.space.connect } - if$ -} - -FUNCTION {format.article.crossref} -{ key empty$ - { journal empty$ - { "need key or journal for " cite$ * " to crossref " * crossref * - warning$ - "" - } - { "In \emph{" journal * "}" * } - if$ - } - { "In " } - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {format.book.crossref} -{ volume empty$ - { "empty volume in " cite$ * "'s crossref of " * crossref * warning$ - "In " - } - { "Volume" volume tie.or.space.connect - " of " * - } - if$ - editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { series empty$ - { "need editor, key, or series for " cite$ * " to crossref " * - crossref * warning$ - "" * - } - { "\emph{" * series * "}" * } - if$ - } - 'skip$ - if$ - } - 'skip$ - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {format.incoll.inproc.crossref} -{ editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { booktitle empty$ - { "need editor, key, or booktitle for " cite$ * " to crossref " * - crossref * warning$ - "" - } - { "In \emph{" booktitle * "}" * } - if$ - } - { "In " } - if$ - } - { "In " } - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {article} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - crossref missing$ - { journal emphasize "journal" output.check - eid empty$ - { format.vol.num.pages output } - { format.vol.num.eid output } - if$ - format.date "year" output.check - } - { format.article.crossref output.nonnull - eid empty$ - { format.pages output } - { format.eid output } - if$ - } - if$ - format.issn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {book} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - new.block - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "year" output.check - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {booklet} -{ output.bibitem - format.authors output - author format.key output - new.block - format.title "title" output.check - howpublished address new.block.checkb - howpublished output - address output - format.date output - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {inbook} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - new.block - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - format.chapter.pages "chapter and pages" output.check - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { format.chapter.pages "chapter and pages" output.check - new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "year" output.check - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {incollection} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.chapter.pages output - new.sentence - publisher "publisher" output.check - address output - format.edition output - format.date "year" output.check - } - { format.incoll.inproc.crossref output.nonnull - format.chapter.pages output - } - if$ - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {inproceedings} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.pages output - address empty$ - { organization publisher new.sentence.checkb - organization output - publisher output - format.date "year" output.check - } - { address output.nonnull - format.date "year" output.check - new.sentence - organization output - publisher output - } - if$ - } - { format.incoll.inproc.crossref output.nonnull - format.pages output - } - if$ - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {conference} { inproceedings } - -FUNCTION {manual} -{ output.bibitem - format.authors output - author format.key output - new.block - format.btitle "title" output.check - organization address new.block.checkb - organization output - address output - format.edition output - format.date output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {mastersthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - "Master's thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "year" output.check - format.url output - new.block - note output - fin.entry -} - -FUNCTION {misc} -{ output.bibitem - format.authors output - author format.key output - title howpublished new.block.checkb - format.title output - howpublished new.block.checka - howpublished output - format.date output - format.issn output - format.url output - new.block - note output - fin.entry - empty.misc.check -} - -FUNCTION {phdthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.btitle "title" output.check - new.block - "PhD thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "year" output.check - format.url output - new.block - note output - fin.entry -} - -FUNCTION {proceedings} -{ output.bibitem - format.editors output - editor format.key output - new.block - format.btitle "title" output.check - format.bvolume output - format.number.series output - address output - format.date "year" output.check - new.sentence - organization output - publisher output - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {techreport} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - format.tr.number output.nonnull - institution "institution" output.check - address output - format.date "year" output.check - format.url output - new.block - note output - fin.entry -} - -FUNCTION {unpublished} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - note "note" output.check - format.date output - format.url output - fin.entry -} - -FUNCTION {default.type} { misc } - - -MACRO {jan} {"Jan."} - -MACRO {feb} {"Feb."} - -MACRO {mar} {"Mar."} - -MACRO {apr} {"Apr."} - -MACRO {may} {"May"} - -MACRO {jun} {"June"} - -MACRO {jul} {"July"} - -MACRO {aug} {"Aug."} - -MACRO {sep} {"Sept."} - -MACRO {oct} {"Oct."} - -MACRO {nov} {"Nov."} - -MACRO {dec} {"Dec."} - - - -MACRO {acmcs} {"ACM Comput. Surv."} - -MACRO {acta} {"Acta Inf."} - -MACRO {cacm} {"Commun. ACM"} - -MACRO {ibmjrd} {"IBM J. Res. Dev."} - -MACRO {ibmsj} {"IBM Syst.~J."} - -MACRO {ieeese} {"IEEE Trans. Softw. Eng."} - -MACRO {ieeetc} {"IEEE Trans. Comput."} - -MACRO {ieeetcad} - {"IEEE Trans. Comput.-Aided Design Integrated Circuits"} - -MACRO {ipl} {"Inf. Process. Lett."} - -MACRO {jacm} {"J.~ACM"} - -MACRO {jcss} {"J.~Comput. Syst. Sci."} - -MACRO {scp} {"Sci. Comput. Programming"} - -MACRO {sicomp} {"SIAM J. Comput."} - -MACRO {tocs} {"ACM Trans. Comput. Syst."} - -MACRO {tods} {"ACM Trans. Database Syst."} - -MACRO {tog} {"ACM Trans. Gr."} - -MACRO {toms} {"ACM Trans. Math. Softw."} - -MACRO {toois} {"ACM Trans. Office Inf. Syst."} - -MACRO {toplas} {"ACM Trans. Prog. Lang. Syst."} - -MACRO {tcs} {"Theoretical Comput. Sci."} - - -READ - -FUNCTION {sortify} -{ purify$ - "l" change.case$ -} - -INTEGERS { len } - -FUNCTION {chop.word} -{ 's := - 'len := - s #1 len substring$ = - { s len #1 + global.max$ substring$ } - 's - if$ -} - -FUNCTION {format.lab.names} -{ 's := - s #1 "{vv~}{ll}" format.name$ - s num.names$ duplicate$ - #2 > - { pop$ " et~al." * } - { #2 < - 'skip$ - { s #2 "{ff }{vv }{ll}{ jj}" format.name$ "others" = - { " et~al." * } - { " and " * s #2 "{vv~}{ll}" format.name$ * } - if$ - } - if$ - } - if$ -} - -FUNCTION {author.key.label} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.editor.key.label} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.key.organization.label} -{ author empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {editor.key.organization.label} -{ editor empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - 'key - if$ - } - { editor format.lab.names } - if$ -} - -FUNCTION {calc.short.authors} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.organization.label - { type$ "manual" = - 'author.key.organization.label - 'author.key.label - if$ - } - if$ - } - if$ - 'short.list := -} - -FUNCTION {calc.label} -{ calc.short.authors - short.list - "(" - * - year duplicate$ empty$ - short.list key field.or.null = or - { pop$ "" } - 'skip$ - if$ - * - 'label := -} - -FUNCTION {sort.format.names} -{ 's := - #1 'nameptr := - "" - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { - s nameptr "{vv{ } }{ll{ }}{ f{ }}{ jj{ }}" format.name$ 't := - nameptr #1 > - { - " " * - namesleft #1 = t "others" = and - { "zzzzz" * } - { numnames #2 > nameptr #2 = and - { "zz" * year field.or.null * " " * } - 'skip$ - if$ - t sortify * - } - if$ - } - { t sortify * } - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {sort.format.title} -{ 't := - "A " #2 - "An " #3 - "The " #4 t chop.word - chop.word - chop.word - sortify - #1 global.max$ substring$ -} - -FUNCTION {author.sort} -{ author empty$ - { key empty$ - { "to sort, need author or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.editor.sort} -{ author empty$ - { editor empty$ - { key empty$ - { "to sort, need author, editor, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.organization.sort} -{ author empty$ - { organization empty$ - { key empty$ - { "to sort, need author, organization, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { "The " #4 organization chop.word sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {editor.organization.sort} -{ editor empty$ - { organization empty$ - { key empty$ - { "to sort, need editor, organization, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { "The " #4 organization chop.word sortify } - if$ - } - { editor sort.format.names } - if$ -} - - -FUNCTION {presort} -{ calc.label - label sortify - " " - * - type$ "book" = - type$ "inbook" = - or - 'author.editor.sort - { type$ "proceedings" = - 'editor.organization.sort - { type$ "manual" = - 'author.organization.sort - 'author.sort - if$ - } - if$ - } - if$ - " " - * - year field.or.null sortify - * - " " - * - cite$ - * - #1 entry.max$ substring$ - 'sort.label := - sort.label * - #1 entry.max$ substring$ - 'sort.key$ := -} - -ITERATE {presort} - -SORT - -STRINGS { longest.label last.label next.extra } - -INTEGERS { longest.label.width last.extra.num number.label } - -FUNCTION {initialize.longest.label} -{ "" 'longest.label := - #0 int.to.chr$ 'last.label := - "" 'next.extra := - #0 'longest.label.width := - #0 'last.extra.num := - #0 'number.label := -} - -FUNCTION {forward.pass} -{ last.label label = - { last.extra.num #1 + 'last.extra.num := - last.extra.num int.to.chr$ 'extra.label := - } - { "a" chr.to.int$ 'last.extra.num := - "" 'extra.label := - label 'last.label := - } - if$ - number.label #1 + 'number.label := -} - -FUNCTION {reverse.pass} -{ next.extra "b" = - { "a" 'extra.label := } - 'skip$ - if$ - extra.label 'next.extra := - extra.label - duplicate$ empty$ - 'skip$ - { "{\natexlab{" swap$ * "}}" * } - if$ - 'extra.label := - label extra.label * 'label := -} - -EXECUTE {initialize.longest.label} - -ITERATE {forward.pass} - -REVERSE {reverse.pass} - -FUNCTION {bib.sort.order} -{ sort.label 'sort.key$ := -} - -ITERATE {bib.sort.order} - -SORT - -FUNCTION {begin.bib} -{ preamble$ empty$ - 'skip$ - { preamble$ write$ newline$ } - if$ - "\begin{thebibliography}{" number.label int.to.str$ * "}" * - write$ newline$ - "\providecommand{\natexlab}[1]{#1}" - write$ newline$ - "\providecommand{\url}[1]{\texttt{#1}}" - write$ newline$ - "\expandafter\ifx\csname urlstyle\endcsname\relax" - write$ newline$ - " \providecommand{\doi}[1]{doi: #1}\else" - write$ newline$ - " \providecommand{\doi}{doi: \begingroup \urlstyle{rm}\Url}\fi" - write$ newline$ -} - -EXECUTE {begin.bib} - -EXECUTE {init.state.consts} - -ITERATE {call.type$} - -FUNCTION {end.bib} -{ newline$ - "\end{thebibliography}" write$ newline$ -} - -EXECUTE {end.bib} diff --git a/docs/NARK/@resources/texlive/texmf-local/bibtex/bst/plainnat.bst b/docs/NARK/@resources/texlive/texmf-local/bibtex/bst/plainnat.bst deleted file mode 100755 index 45d6e2137..000000000 --- a/docs/NARK/@resources/texlive/texmf-local/bibtex/bst/plainnat.bst +++ /dev/null @@ -1,1436 +0,0 @@ -%% File: `plainnat.bst' -%% A modification of `plain.bst' for use with natbib package -%% -%% Copyright 1993-2007 Patrick W Daly -%% Max-Planck-Institut f\"ur Sonnensystemforschung -%% Max-Planck-Str. 2 -%% D-37191 Katlenburg-Lindau -%% Germany -%% E-mail: daly@mps.mpg.de -%% -%% This program can be redistributed and/or modified under the terms -%% of the LaTeX Project Public License Distributed from CTAN -%% archives in directory macros/latex/base/lppl.txt; either -%% version 1 of the License, or any later version. -%% - % Version and source file information: - % \ProvidesFile{natbst.mbs}[2007/11/26 1.93 (PWD)] - % - % BibTeX `plainnat' family - % version 0.99b for BibTeX versions 0.99a or later, - % for LaTeX versions 2.09 and 2e. - % - % For use with the `natbib.sty' package; emulates the corresponding - % member of the `plain' family, but with author-year citations. - % - % With version 6.0 of `natbib.sty', it may also be used for numerical - % citations, while retaining the commands \citeauthor, \citefullauthor, - % and \citeyear to print the corresponding information. - % - % For version 7.0 of `natbib.sty', the KEY field replaces missing - % authors/editors, and the date is left blank in \bibitem. - % - % Includes field EID for the sequence/citation number of electronic journals - % which is used instead of page numbers. - % - % Includes fields ISBN and ISSN. - % - % Includes field URL for Internet addresses. - % - % Includes field DOI for Digital Object Idenfifiers. - % - % Works best with the url.sty package of Donald Arseneau. - % - % Works with identical authors and year are further sorted by - % citation key, to preserve any natural sequence. - % -ENTRY - { address - author - booktitle - chapter - doi - eid - edition - editor - howpublished - institution - isbn - issn - journal - key - month - note - number - organization - pages - publisher - school - series - title - type - url - volume - year - } - {} - { label extra.label sort.label short.list } - -INTEGERS { output.state before.all mid.sentence after.sentence after.block } - -FUNCTION {init.state.consts} -{ #0 'before.all := - #1 'mid.sentence := - #2 'after.sentence := - #3 'after.block := -} - -STRINGS { s t } - -FUNCTION {output.nonnull} -{ 's := - output.state mid.sentence = - { ", " * write$ } - { output.state after.block = - { add.period$ write$ - newline$ - "\newblock " write$ - } - { output.state before.all = - 'write$ - { add.period$ " " * write$ } - if$ - } - if$ - mid.sentence 'output.state := - } - if$ - s -} - -FUNCTION {output} -{ duplicate$ empty$ - 'pop$ - 'output.nonnull - if$ -} - -FUNCTION {output.check} -{ 't := - duplicate$ empty$ - { pop$ "empty " t * " in " * cite$ * warning$ } - 'output.nonnull - if$ -} - -FUNCTION {fin.entry} -{ add.period$ - write$ - newline$ -} - -FUNCTION {new.block} -{ output.state before.all = - 'skip$ - { after.block 'output.state := } - if$ -} - -FUNCTION {new.sentence} -{ output.state after.block = - 'skip$ - { output.state before.all = - 'skip$ - { after.sentence 'output.state := } - if$ - } - if$ -} - -FUNCTION {not} -{ { #0 } - { #1 } - if$ -} - -FUNCTION {and} -{ 'skip$ - { pop$ #0 } - if$ -} - -FUNCTION {or} -{ { pop$ #1 } - 'skip$ - if$ -} - -FUNCTION {new.block.checka} -{ empty$ - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.block.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.sentence.checka} -{ empty$ - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {new.sentence.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {field.or.null} -{ duplicate$ empty$ - { pop$ "" } - 'skip$ - if$ -} - -FUNCTION {emphasize} -{ duplicate$ empty$ - { pop$ "" } - { "\emph{" swap$ * "}" * } - if$ -} - -INTEGERS { nameptr namesleft numnames } - -FUNCTION {format.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr "{ff~}{vv~}{ll}{, jj}" format.name$ 't := - nameptr #1 > - { namesleft #1 > - { ", " * t * } - { numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {format.key} -{ empty$ - { key field.or.null } - { "" } - if$ -} - -FUNCTION {format.authors} -{ author empty$ - { "" } - { author format.names } - if$ -} - -FUNCTION {format.editors} -{ editor empty$ - { "" } - { editor format.names - editor num.names$ #1 > - { ", editors" * } - { ", editor" * } - if$ - } - if$ -} - -FUNCTION {format.isbn} -{ isbn empty$ - { "" } - { new.block "ISBN " isbn * } - if$ -} - -FUNCTION {format.issn} -{ issn empty$ - { "" } - { new.block "ISSN " issn * } - if$ -} - -FUNCTION {format.url} -{ url empty$ - { "" } - { new.block "URL \url{" url * "}" * } - if$ -} - -FUNCTION {format.doi} -{ doi empty$ - { "" } - { new.block "\doi{" doi * "}" * } - if$ -} - -FUNCTION {format.title} -{ title empty$ - { "" } - { title "t" change.case$ } - if$ -} - -FUNCTION {format.full.names} -{'s := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr - "{vv~}{ll}" format.name$ 't := - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {author.editor.full} -{ author empty$ - { editor empty$ - { "" } - { editor format.full.names } - if$ - } - { author format.full.names } - if$ -} - -FUNCTION {author.full} -{ author empty$ - { "" } - { author format.full.names } - if$ -} - -FUNCTION {editor.full} -{ editor empty$ - { "" } - { editor format.full.names } - if$ -} - -FUNCTION {make.full.names} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.full - { type$ "proceedings" = - 'editor.full - 'author.full - if$ - } - if$ -} - -FUNCTION {output.bibitem} -{ newline$ - "\bibitem[" write$ - label write$ - ")" make.full.names duplicate$ short.list = - { pop$ } - { * } - if$ - "]{" * write$ - cite$ write$ - "}" write$ - newline$ - "" - before.all 'output.state := -} - -FUNCTION {n.dashify} -{ 't := - "" - { t empty$ not } - { t #1 #1 substring$ "-" = - { t #1 #2 substring$ "--" = not - { "--" * - t #2 global.max$ substring$ 't := - } - { { t #1 #1 substring$ "-" = } - { "-" * - t #2 global.max$ substring$ 't := - } - while$ - } - if$ - } - { t #1 #1 substring$ * - t #2 global.max$ substring$ 't := - } - if$ - } - while$ -} - -FUNCTION {format.date} -{ year duplicate$ empty$ - { "empty year in " cite$ * warning$ - pop$ "" } - 'skip$ - if$ - month empty$ - 'skip$ - { month - " " * swap$ * - } - if$ - extra.label * -} - -FUNCTION {format.btitle} -{ title emphasize -} - -FUNCTION {tie.or.space.connect} -{ duplicate$ text.length$ #3 < - { "~" } - { " " } - if$ - swap$ * * -} - -FUNCTION {either.or.check} -{ empty$ - 'pop$ - { "can't use both " swap$ * " fields in " * cite$ * warning$ } - if$ -} - -FUNCTION {format.bvolume} -{ volume empty$ - { "" } - { "volume" volume tie.or.space.connect - series empty$ - 'skip$ - { " of " * series emphasize * } - if$ - "volume and number" number either.or.check - } - if$ -} - -FUNCTION {format.number.series} -{ volume empty$ - { number empty$ - { series field.or.null } - { output.state mid.sentence = - { "number" } - { "Number" } - if$ - number tie.or.space.connect - series empty$ - { "there's a number but no series in " cite$ * warning$ } - { " in " * series * } - if$ - } - if$ - } - { "" } - if$ -} - -FUNCTION {format.edition} -{ edition empty$ - { "" } - { output.state mid.sentence = - { edition "l" change.case$ " edition" * } - { edition "t" change.case$ " edition" * } - if$ - } - if$ -} - -INTEGERS { multiresult } - -FUNCTION {multi.page.check} -{ 't := - #0 'multiresult := - { multiresult not - t empty$ not - and - } - { t #1 #1 substring$ - duplicate$ "-" = - swap$ duplicate$ "," = - swap$ "+" = - or or - { #1 'multiresult := } - { t #2 global.max$ substring$ 't := } - if$ - } - while$ - multiresult -} - -FUNCTION {format.pages} -{ pages empty$ - { "" } - { pages multi.page.check - { "pages" pages n.dashify tie.or.space.connect } - { "page" pages tie.or.space.connect } - if$ - } - if$ -} - -FUNCTION {format.eid} -{ eid empty$ - { "" } - { "art." eid tie.or.space.connect } - if$ -} - -FUNCTION {format.vol.num.pages} -{ volume field.or.null - number empty$ - 'skip$ - { "\penalty0 (" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - pages empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.pages } - { ":\penalty0 " * pages n.dashify * } - if$ - } - if$ -} - -FUNCTION {format.vol.num.eid} -{ volume field.or.null - number empty$ - 'skip$ - { "\penalty0 (" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - eid empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.eid } - { ":\penalty0 " * eid * } - if$ - } - if$ -} - -FUNCTION {format.chapter.pages} -{ chapter empty$ - 'format.pages - { type empty$ - { "chapter" } - { type "l" change.case$ } - if$ - chapter tie.or.space.connect - pages empty$ - 'skip$ - { ", " * format.pages * } - if$ - } - if$ -} - -FUNCTION {format.in.ed.booktitle} -{ booktitle empty$ - { "" } - { editor empty$ - { "In " booktitle emphasize * } - { "In " format.editors * ", " * booktitle emphasize * } - if$ - } - if$ -} - -FUNCTION {empty.misc.check} -{ author empty$ title empty$ howpublished empty$ - month empty$ year empty$ note empty$ - and and and and and - key empty$ not and - { "all relevant fields are empty in " cite$ * warning$ } - 'skip$ - if$ -} - -FUNCTION {format.thesis.type} -{ type empty$ - 'skip$ - { pop$ - type "t" change.case$ - } - if$ -} - -FUNCTION {format.tr.number} -{ type empty$ - { "Technical Report" } - 'type - if$ - number empty$ - { "t" change.case$ } - { number tie.or.space.connect } - if$ -} - -FUNCTION {format.article.crossref} -{ key empty$ - { journal empty$ - { "need key or journal for " cite$ * " to crossref " * crossref * - warning$ - "" - } - { "In \emph{" journal * "}" * } - if$ - } - { "In " } - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {format.book.crossref} -{ volume empty$ - { "empty volume in " cite$ * "'s crossref of " * crossref * warning$ - "In " - } - { "Volume" volume tie.or.space.connect - " of " * - } - if$ - editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { series empty$ - { "need editor, key, or series for " cite$ * " to crossref " * - crossref * warning$ - "" * - } - { "\emph{" * series * "}" * } - if$ - } - 'skip$ - if$ - } - 'skip$ - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {format.incoll.inproc.crossref} -{ editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { booktitle empty$ - { "need editor, key, or booktitle for " cite$ * " to crossref " * - crossref * warning$ - "" - } - { "In \emph{" booktitle * "}" * } - if$ - } - { "In " } - if$ - } - { "In " } - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {article} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - crossref missing$ - { journal emphasize "journal" output.check - eid empty$ - { format.vol.num.pages output } - { format.vol.num.eid output } - if$ - format.date "year" output.check - } - { format.article.crossref output.nonnull - eid empty$ - { format.pages output } - { format.eid output } - if$ - } - if$ - format.issn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {book} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - new.block - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "year" output.check - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {booklet} -{ output.bibitem - format.authors output - author format.key output - new.block - format.title "title" output.check - howpublished address new.block.checkb - howpublished output - address output - format.date output - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {inbook} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - new.block - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - format.chapter.pages "chapter and pages" output.check - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { format.chapter.pages "chapter and pages" output.check - new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "year" output.check - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {incollection} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.chapter.pages output - new.sentence - publisher "publisher" output.check - address output - format.edition output - format.date "year" output.check - } - { format.incoll.inproc.crossref output.nonnull - format.chapter.pages output - } - if$ - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {inproceedings} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.pages output - address empty$ - { organization publisher new.sentence.checkb - organization output - publisher output - format.date "year" output.check - } - { address output.nonnull - format.date "year" output.check - new.sentence - organization output - publisher output - } - if$ - } - { format.incoll.inproc.crossref output.nonnull - format.pages output - } - if$ - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {conference} { inproceedings } - -FUNCTION {manual} -{ output.bibitem - format.authors output - author format.key output - new.block - format.btitle "title" output.check - organization address new.block.checkb - organization output - address output - format.edition output - format.date output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {mastersthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - "Master's thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "year" output.check - format.url output - new.block - note output - fin.entry -} - -FUNCTION {misc} -{ output.bibitem - format.authors output - author format.key output - title howpublished new.block.checkb - format.title output - howpublished new.block.checka - howpublished output - format.date output - format.issn output - format.url output - new.block - note output - fin.entry - empty.misc.check -} - -FUNCTION {phdthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.btitle "title" output.check - new.block - "PhD thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "year" output.check - format.url output - new.block - note output - fin.entry -} - -FUNCTION {proceedings} -{ output.bibitem - format.editors output - editor format.key output - new.block - format.btitle "title" output.check - format.bvolume output - format.number.series output - address output - format.date "year" output.check - new.sentence - organization output - publisher output - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {techreport} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - format.tr.number output.nonnull - institution "institution" output.check - address output - format.date "year" output.check - format.url output - new.block - note output - fin.entry -} - -FUNCTION {unpublished} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - note "note" output.check - format.date output - format.url output - fin.entry -} - -FUNCTION {default.type} { misc } - - -MACRO {jan} {"January"} - -MACRO {feb} {"February"} - -MACRO {mar} {"March"} - -MACRO {apr} {"April"} - -MACRO {may} {"May"} - -MACRO {jun} {"June"} - -MACRO {jul} {"July"} - -MACRO {aug} {"August"} - -MACRO {sep} {"September"} - -MACRO {oct} {"October"} - -MACRO {nov} {"November"} - -MACRO {dec} {"December"} - - - -MACRO {acmcs} {"ACM Computing Surveys"} - -MACRO {acta} {"Acta Informatica"} - -MACRO {cacm} {"Communications of the ACM"} - -MACRO {ibmjrd} {"IBM Journal of Research and Development"} - -MACRO {ibmsj} {"IBM Systems Journal"} - -MACRO {ieeese} {"IEEE Transactions on Software Engineering"} - -MACRO {ieeetc} {"IEEE Transactions on Computers"} - -MACRO {ieeetcad} - {"IEEE Transactions on Computer-Aided Design of Integrated Circuits"} - -MACRO {ipl} {"Information Processing Letters"} - -MACRO {jacm} {"Journal of the ACM"} - -MACRO {jcss} {"Journal of Computer and System Sciences"} - -MACRO {scp} {"Science of Computer Programming"} - -MACRO {sicomp} {"SIAM Journal on Computing"} - -MACRO {tocs} {"ACM Transactions on Computer Systems"} - -MACRO {tods} {"ACM Transactions on Database Systems"} - -MACRO {tog} {"ACM Transactions on Graphics"} - -MACRO {toms} {"ACM Transactions on Mathematical Software"} - -MACRO {toois} {"ACM Transactions on Office Information Systems"} - -MACRO {toplas} {"ACM Transactions on Programming Languages and Systems"} - -MACRO {tcs} {"Theoretical Computer Science"} - - -READ - -FUNCTION {sortify} -{ purify$ - "l" change.case$ -} - -INTEGERS { len } - -FUNCTION {chop.word} -{ 's := - 'len := - s #1 len substring$ = - { s len #1 + global.max$ substring$ } - 's - if$ -} - -FUNCTION {format.lab.names} -{ 's := - s #1 "{vv~}{ll}" format.name$ - s num.names$ duplicate$ - #2 > - { pop$ " et~al." * } - { #2 < - 'skip$ - { s #2 "{ff }{vv }{ll}{ jj}" format.name$ "others" = - { " et~al." * } - { " and " * s #2 "{vv~}{ll}" format.name$ * } - if$ - } - if$ - } - if$ -} - -FUNCTION {author.key.label} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.editor.key.label} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.key.organization.label} -{ author empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {editor.key.organization.label} -{ editor empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - 'key - if$ - } - { editor format.lab.names } - if$ -} - -FUNCTION {calc.short.authors} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.organization.label - { type$ "manual" = - 'author.key.organization.label - 'author.key.label - if$ - } - if$ - } - if$ - 'short.list := -} - -FUNCTION {calc.label} -{ calc.short.authors - short.list - "(" - * - year duplicate$ empty$ - short.list key field.or.null = or - { pop$ "" } - 'skip$ - if$ - * - 'label := -} - -FUNCTION {sort.format.names} -{ 's := - #1 'nameptr := - "" - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { - s nameptr "{vv{ } }{ll{ }}{ ff{ }}{ jj{ }}" format.name$ 't := - nameptr #1 > - { - " " * - namesleft #1 = t "others" = and - { "zzzzz" * } - { numnames #2 > nameptr #2 = and - { "zz" * year field.or.null * " " * } - 'skip$ - if$ - t sortify * - } - if$ - } - { t sortify * } - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {sort.format.title} -{ 't := - "A " #2 - "An " #3 - "The " #4 t chop.word - chop.word - chop.word - sortify - #1 global.max$ substring$ -} - -FUNCTION {author.sort} -{ author empty$ - { key empty$ - { "to sort, need author or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.editor.sort} -{ author empty$ - { editor empty$ - { key empty$ - { "to sort, need author, editor, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.organization.sort} -{ author empty$ - { organization empty$ - { key empty$ - { "to sort, need author, organization, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { "The " #4 organization chop.word sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {editor.organization.sort} -{ editor empty$ - { organization empty$ - { key empty$ - { "to sort, need editor, organization, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { "The " #4 organization chop.word sortify } - if$ - } - { editor sort.format.names } - if$ -} - - -FUNCTION {presort} -{ calc.label - label sortify - " " - * - type$ "book" = - type$ "inbook" = - or - 'author.editor.sort - { type$ "proceedings" = - 'editor.organization.sort - { type$ "manual" = - 'author.organization.sort - 'author.sort - if$ - } - if$ - } - if$ - " " - * - year field.or.null sortify - * - " " - * - cite$ - * - #1 entry.max$ substring$ - 'sort.label := - sort.label * - #1 entry.max$ substring$ - 'sort.key$ := -} - -ITERATE {presort} - -SORT - -STRINGS { longest.label last.label next.extra } - -INTEGERS { longest.label.width last.extra.num number.label } - -FUNCTION {initialize.longest.label} -{ "" 'longest.label := - #0 int.to.chr$ 'last.label := - "" 'next.extra := - #0 'longest.label.width := - #0 'last.extra.num := - #0 'number.label := -} - -FUNCTION {forward.pass} -{ last.label label = - { last.extra.num #1 + 'last.extra.num := - last.extra.num int.to.chr$ 'extra.label := - } - { "a" chr.to.int$ 'last.extra.num := - "" 'extra.label := - label 'last.label := - } - if$ - number.label #1 + 'number.label := -} - -FUNCTION {reverse.pass} -{ next.extra "b" = - { "a" 'extra.label := } - 'skip$ - if$ - extra.label 'next.extra := - extra.label - duplicate$ empty$ - 'skip$ - { "{\natexlab{" swap$ * "}}" * } - if$ - 'extra.label := - label extra.label * 'label := -} - -EXECUTE {initialize.longest.label} - -ITERATE {forward.pass} - -REVERSE {reverse.pass} - -FUNCTION {bib.sort.order} -{ sort.label 'sort.key$ := -} - -ITERATE {bib.sort.order} - -SORT - -FUNCTION {begin.bib} -{ preamble$ empty$ - 'skip$ - { preamble$ write$ newline$ } - if$ - "\begin{thebibliography}{" number.label int.to.str$ * "}" * - write$ newline$ - "\providecommand{\natexlab}[1]{#1}" - write$ newline$ - "\providecommand{\url}[1]{\texttt{#1}}" - write$ newline$ - "\expandafter\ifx\csname urlstyle\endcsname\relax" - write$ newline$ - " \providecommand{\doi}[1]{doi: #1}\else" - write$ newline$ - " \providecommand{\doi}{doi: \begingroup \urlstyle{rm}\Url}\fi" - write$ newline$ -} - -EXECUTE {begin.bib} - -EXECUTE {init.state.consts} - -ITERATE {call.type$} - -FUNCTION {end.bib} -{ newline$ - "\end{thebibliography}" write$ newline$ -} - -EXECUTE {end.bib} diff --git a/docs/NARK/@resources/texlive/texmf-local/bibtex/bst/unsrtnat.bst b/docs/NARK/@resources/texlive/texmf-local/bibtex/bst/unsrtnat.bst deleted file mode 100755 index fe89cecf8..000000000 --- a/docs/NARK/@resources/texlive/texmf-local/bibtex/bst/unsrtnat.bst +++ /dev/null @@ -1,1322 +0,0 @@ -%% File: `unsrtnat.bst' -%% A modification of `unsrt.bst' for use with natbib package -%% -%% Copyright 1993-2007 Patrick W Daly -%% Max-Planck-Institut f\"ur Sonnensystemforschung -%% Max-Planck-Str. 2 -%% D-37191 Katlenburg-Lindau -%% Germany -%% E-mail: daly@mps.mpg.de -%% -%% This program can be redistributed and/or modified under the terms -%% of the LaTeX Project Public License Distributed from CTAN -%% archives in directory macros/latex/base/lppl.txt; either -%% version 1 of the License, or any later version. -%% - % Version and source file information: - % \ProvidesFile{natbst.mbs}[2007/11/26 1.93 (PWD)] - % - % BibTeX `plainnat' family - % version 0.99b for BibTeX versions 0.99a or later, - % for LaTeX versions 2.09 and 2e. - % - % For use with the `natbib.sty' package; emulates the corresponding - % member of the `plain' family, but with author-year citations. - % - % With version 6.0 of `natbib.sty', it may also be used for numerical - % citations, while retaining the commands \citeauthor, \citefullauthor, - % and \citeyear to print the corresponding information. - % - % For version 7.0 of `natbib.sty', the KEY field replaces missing - % authors/editors, and the date is left blank in \bibitem. - % - % Includes field EID for the sequence/citation number of electronic journals - % which is used instead of page numbers. - % - % Includes fields ISBN and ISSN. - % - % Includes field URL for Internet addresses. - % - % Includes field DOI for Digital Object Idenfifiers. - % - % Works best with the url.sty package of Donald Arseneau. - % - % Works with identical authors and year are further sorted by - % title text, as in the standard plain.bst etc. - % -ENTRY - { address - author - booktitle - chapter - doi - eid - edition - editor - howpublished - institution - isbn - issn - journal - key - month - note - number - organization - pages - publisher - school - series - title - type - url - volume - year - } - {} - { label extra.label sort.label short.list } - -INTEGERS { output.state before.all mid.sentence after.sentence after.block } - -FUNCTION {init.state.consts} -{ #0 'before.all := - #1 'mid.sentence := - #2 'after.sentence := - #3 'after.block := -} - -STRINGS { s t } - -FUNCTION {output.nonnull} -{ 's := - output.state mid.sentence = - { ", " * write$ } - { output.state after.block = - { add.period$ write$ - newline$ - "\newblock " write$ - } - { output.state before.all = - 'write$ - { add.period$ " " * write$ } - if$ - } - if$ - mid.sentence 'output.state := - } - if$ - s -} - -FUNCTION {output} -{ duplicate$ empty$ - 'pop$ - 'output.nonnull - if$ -} - -FUNCTION {output.check} -{ 't := - duplicate$ empty$ - { pop$ "empty " t * " in " * cite$ * warning$ } - 'output.nonnull - if$ -} - -FUNCTION {fin.entry} -{ add.period$ - write$ - newline$ -} - -FUNCTION {new.block} -{ output.state before.all = - 'skip$ - { after.block 'output.state := } - if$ -} - -FUNCTION {new.sentence} -{ output.state after.block = - 'skip$ - { output.state before.all = - 'skip$ - { after.sentence 'output.state := } - if$ - } - if$ -} - -FUNCTION {not} -{ { #0 } - { #1 } - if$ -} - -FUNCTION {and} -{ 'skip$ - { pop$ #0 } - if$ -} - -FUNCTION {or} -{ { pop$ #1 } - 'skip$ - if$ -} - -FUNCTION {new.block.checka} -{ empty$ - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.block.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.sentence.checka} -{ empty$ - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {new.sentence.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {field.or.null} -{ duplicate$ empty$ - { pop$ "" } - 'skip$ - if$ -} - -FUNCTION {emphasize} -{ duplicate$ empty$ - { pop$ "" } - { "\emph{" swap$ * "}" * } - if$ -} - -INTEGERS { nameptr namesleft numnames } - -FUNCTION {format.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr "{ff~}{vv~}{ll}{, jj}" format.name$ 't := - nameptr #1 > - { namesleft #1 > - { ", " * t * } - { numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {format.key} -{ empty$ - { key field.or.null } - { "" } - if$ -} - -FUNCTION {format.authors} -{ author empty$ - { "" } - { author format.names } - if$ -} - -FUNCTION {format.editors} -{ editor empty$ - { "" } - { editor format.names - editor num.names$ #1 > - { ", editors" * } - { ", editor" * } - if$ - } - if$ -} - -FUNCTION {format.isbn} -{ isbn empty$ - { "" } - { new.block "ISBN " isbn * } - if$ -} - -FUNCTION {format.issn} -{ issn empty$ - { "" } - { new.block "ISSN " issn * } - if$ -} - -FUNCTION {format.url} -{ url empty$ - { "" } - { new.block "URL \url{" url * "}" * } - if$ -} - -FUNCTION {format.doi} -{ doi empty$ - { "" } - { new.block "\doi{" doi * "}" * } - if$ -} - -FUNCTION {format.title} -{ title empty$ - { "" } - { title "t" change.case$ } - if$ -} - -FUNCTION {format.full.names} -{'s := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr - "{vv~}{ll}" format.name$ 't := - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {author.editor.full} -{ author empty$ - { editor empty$ - { "" } - { editor format.full.names } - if$ - } - { author format.full.names } - if$ -} - -FUNCTION {author.full} -{ author empty$ - { "" } - { author format.full.names } - if$ -} - -FUNCTION {editor.full} -{ editor empty$ - { "" } - { editor format.full.names } - if$ -} - -FUNCTION {make.full.names} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.full - { type$ "proceedings" = - 'editor.full - 'author.full - if$ - } - if$ -} - -FUNCTION {output.bibitem} -{ newline$ - "\bibitem[" write$ - label write$ - ")" make.full.names duplicate$ short.list = - { pop$ } - { * } - if$ - "]{" * write$ - cite$ write$ - "}" write$ - newline$ - "" - before.all 'output.state := -} - -FUNCTION {n.dashify} -{ 't := - "" - { t empty$ not } - { t #1 #1 substring$ "-" = - { t #1 #2 substring$ "--" = not - { "--" * - t #2 global.max$ substring$ 't := - } - { { t #1 #1 substring$ "-" = } - { "-" * - t #2 global.max$ substring$ 't := - } - while$ - } - if$ - } - { t #1 #1 substring$ * - t #2 global.max$ substring$ 't := - } - if$ - } - while$ -} - -FUNCTION {format.date} -{ year duplicate$ empty$ - { "empty year in " cite$ * warning$ - pop$ "" } - 'skip$ - if$ - month empty$ - 'skip$ - { month - " " * swap$ * - } - if$ - extra.label * -} - -FUNCTION {format.btitle} -{ title emphasize -} - -FUNCTION {tie.or.space.connect} -{ duplicate$ text.length$ #3 < - { "~" } - { " " } - if$ - swap$ * * -} - -FUNCTION {either.or.check} -{ empty$ - 'pop$ - { "can't use both " swap$ * " fields in " * cite$ * warning$ } - if$ -} - -FUNCTION {format.bvolume} -{ volume empty$ - { "" } - { "volume" volume tie.or.space.connect - series empty$ - 'skip$ - { " of " * series emphasize * } - if$ - "volume and number" number either.or.check - } - if$ -} - -FUNCTION {format.number.series} -{ volume empty$ - { number empty$ - { series field.or.null } - { output.state mid.sentence = - { "number" } - { "Number" } - if$ - number tie.or.space.connect - series empty$ - { "there's a number but no series in " cite$ * warning$ } - { " in " * series * } - if$ - } - if$ - } - { "" } - if$ -} - -FUNCTION {format.edition} -{ edition empty$ - { "" } - { output.state mid.sentence = - { edition "l" change.case$ " edition" * } - { edition "t" change.case$ " edition" * } - if$ - } - if$ -} - -INTEGERS { multiresult } - -FUNCTION {multi.page.check} -{ 't := - #0 'multiresult := - { multiresult not - t empty$ not - and - } - { t #1 #1 substring$ - duplicate$ "-" = - swap$ duplicate$ "," = - swap$ "+" = - or or - { #1 'multiresult := } - { t #2 global.max$ substring$ 't := } - if$ - } - while$ - multiresult -} - -FUNCTION {format.pages} -{ pages empty$ - { "" } - { pages multi.page.check - { "pages" pages n.dashify tie.or.space.connect } - { "page" pages tie.or.space.connect } - if$ - } - if$ -} - -FUNCTION {format.eid} -{ eid empty$ - { "" } - { "art." eid tie.or.space.connect } - if$ -} - -FUNCTION {format.vol.num.pages} -{ volume field.or.null - number empty$ - 'skip$ - { "\penalty0 (" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - pages empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.pages } - { ":\penalty0 " * pages n.dashify * } - if$ - } - if$ -} - -FUNCTION {format.vol.num.eid} -{ volume field.or.null - number empty$ - 'skip$ - { "\penalty0 (" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - eid empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.eid } - { ":\penalty0 " * eid * } - if$ - } - if$ -} - -FUNCTION {format.chapter.pages} -{ chapter empty$ - 'format.pages - { type empty$ - { "chapter" } - { type "l" change.case$ } - if$ - chapter tie.or.space.connect - pages empty$ - 'skip$ - { ", " * format.pages * } - if$ - } - if$ -} - -FUNCTION {format.in.ed.booktitle} -{ booktitle empty$ - { "" } - { editor empty$ - { "In " booktitle emphasize * } - { "In " format.editors * ", " * booktitle emphasize * } - if$ - } - if$ -} - -FUNCTION {empty.misc.check} -{ author empty$ title empty$ howpublished empty$ - month empty$ year empty$ note empty$ - and and and and and - key empty$ not and - { "all relevant fields are empty in " cite$ * warning$ } - 'skip$ - if$ -} - -FUNCTION {format.thesis.type} -{ type empty$ - 'skip$ - { pop$ - type "t" change.case$ - } - if$ -} - -FUNCTION {format.tr.number} -{ type empty$ - { "Technical Report" } - 'type - if$ - number empty$ - { "t" change.case$ } - { number tie.or.space.connect } - if$ -} - -FUNCTION {format.article.crossref} -{ key empty$ - { journal empty$ - { "need key or journal for " cite$ * " to crossref " * crossref * - warning$ - "" - } - { "In \emph{" journal * "}" * } - if$ - } - { "In " } - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {format.book.crossref} -{ volume empty$ - { "empty volume in " cite$ * "'s crossref of " * crossref * warning$ - "In " - } - { "Volume" volume tie.or.space.connect - " of " * - } - if$ - editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { series empty$ - { "need editor, key, or series for " cite$ * " to crossref " * - crossref * warning$ - "" * - } - { "\emph{" * series * "}" * } - if$ - } - 'skip$ - if$ - } - 'skip$ - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {format.incoll.inproc.crossref} -{ editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { booktitle empty$ - { "need editor, key, or booktitle for " cite$ * " to crossref " * - crossref * warning$ - "" - } - { "In \emph{" booktitle * "}" * } - if$ - } - { "In " } - if$ - } - { "In " } - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {article} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - crossref missing$ - { journal emphasize "journal" output.check - eid empty$ - { format.vol.num.pages output } - { format.vol.num.eid output } - if$ - format.date "year" output.check - } - { format.article.crossref output.nonnull - eid empty$ - { format.pages output } - { format.eid output } - if$ - } - if$ - format.issn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {book} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - new.block - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "year" output.check - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {booklet} -{ output.bibitem - format.authors output - author format.key output - new.block - format.title "title" output.check - howpublished address new.block.checkb - howpublished output - address output - format.date output - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {inbook} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - new.block - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - format.chapter.pages "chapter and pages" output.check - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { format.chapter.pages "chapter and pages" output.check - new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "year" output.check - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {incollection} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.chapter.pages output - new.sentence - publisher "publisher" output.check - address output - format.edition output - format.date "year" output.check - } - { format.incoll.inproc.crossref output.nonnull - format.chapter.pages output - } - if$ - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {inproceedings} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.pages output - address empty$ - { organization publisher new.sentence.checkb - organization output - publisher output - format.date "year" output.check - } - { address output.nonnull - format.date "year" output.check - new.sentence - organization output - publisher output - } - if$ - } - { format.incoll.inproc.crossref output.nonnull - format.pages output - } - if$ - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {conference} { inproceedings } - -FUNCTION {manual} -{ output.bibitem - format.authors output - author format.key output - new.block - format.btitle "title" output.check - organization address new.block.checkb - organization output - address output - format.edition output - format.date output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {mastersthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - "Master's thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "year" output.check - format.url output - new.block - note output - fin.entry -} - -FUNCTION {misc} -{ output.bibitem - format.authors output - author format.key output - title howpublished new.block.checkb - format.title output - howpublished new.block.checka - howpublished output - format.date output - format.issn output - format.url output - new.block - note output - fin.entry - empty.misc.check -} - -FUNCTION {phdthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.btitle "title" output.check - new.block - "PhD thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "year" output.check - format.url output - new.block - note output - fin.entry -} - -FUNCTION {proceedings} -{ output.bibitem - format.editors output - editor format.key output - new.block - format.btitle "title" output.check - format.bvolume output - format.number.series output - address output - format.date "year" output.check - new.sentence - organization output - publisher output - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {techreport} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - format.tr.number output.nonnull - institution "institution" output.check - address output - format.date "year" output.check - format.url output - new.block - note output - fin.entry -} - -FUNCTION {unpublished} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - note "note" output.check - format.date output - format.url output - fin.entry -} - -FUNCTION {default.type} { misc } - - -MACRO {jan} {"January"} - -MACRO {feb} {"February"} - -MACRO {mar} {"March"} - -MACRO {apr} {"April"} - -MACRO {may} {"May"} - -MACRO {jun} {"June"} - -MACRO {jul} {"July"} - -MACRO {aug} {"August"} - -MACRO {sep} {"September"} - -MACRO {oct} {"October"} - -MACRO {nov} {"November"} - -MACRO {dec} {"December"} - - - -MACRO {acmcs} {"ACM Computing Surveys"} - -MACRO {acta} {"Acta Informatica"} - -MACRO {cacm} {"Communications of the ACM"} - -MACRO {ibmjrd} {"IBM Journal of Research and Development"} - -MACRO {ibmsj} {"IBM Systems Journal"} - -MACRO {ieeese} {"IEEE Transactions on Software Engineering"} - -MACRO {ieeetc} {"IEEE Transactions on Computers"} - -MACRO {ieeetcad} - {"IEEE Transactions on Computer-Aided Design of Integrated Circuits"} - -MACRO {ipl} {"Information Processing Letters"} - -MACRO {jacm} {"Journal of the ACM"} - -MACRO {jcss} {"Journal of Computer and System Sciences"} - -MACRO {scp} {"Science of Computer Programming"} - -MACRO {sicomp} {"SIAM Journal on Computing"} - -MACRO {tocs} {"ACM Transactions on Computer Systems"} - -MACRO {tods} {"ACM Transactions on Database Systems"} - -MACRO {tog} {"ACM Transactions on Graphics"} - -MACRO {toms} {"ACM Transactions on Mathematical Software"} - -MACRO {toois} {"ACM Transactions on Office Information Systems"} - -MACRO {toplas} {"ACM Transactions on Programming Languages and Systems"} - -MACRO {tcs} {"Theoretical Computer Science"} - - -READ - -FUNCTION {sortify} -{ purify$ - "l" change.case$ -} - -INTEGERS { len } - -FUNCTION {chop.word} -{ 's := - 'len := - s #1 len substring$ = - { s len #1 + global.max$ substring$ } - 's - if$ -} - -FUNCTION {format.lab.names} -{ 's := - s #1 "{vv~}{ll}" format.name$ - s num.names$ duplicate$ - #2 > - { pop$ " et~al." * } - { #2 < - 'skip$ - { s #2 "{ff }{vv }{ll}{ jj}" format.name$ "others" = - { " et~al." * } - { " and " * s #2 "{vv~}{ll}" format.name$ * } - if$ - } - if$ - } - if$ -} - -FUNCTION {author.key.label} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.editor.key.label} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.key.organization.label} -{ author empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {editor.key.organization.label} -{ editor empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - 'key - if$ - } - { editor format.lab.names } - if$ -} - -FUNCTION {calc.short.authors} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.organization.label - { type$ "manual" = - 'author.key.organization.label - 'author.key.label - if$ - } - if$ - } - if$ - 'short.list := -} - -FUNCTION {calc.label} -{ calc.short.authors - short.list - "(" - * - year duplicate$ empty$ - short.list key field.or.null = or - { pop$ "" } - 'skip$ - if$ - * - 'label := -} - -INTEGERS { seq.num } - -FUNCTION {init.seq} -{ #0 'seq.num :=} - -EXECUTE {init.seq} - -FUNCTION {int.to.fix} -{ "000000000" swap$ int.to.str$ * - #-1 #10 substring$ -} - - -FUNCTION {presort} -{ calc.label - label sortify - " " - * - seq.num #1 + 'seq.num := - seq.num int.to.fix - 'sort.label := - sort.label * - #1 entry.max$ substring$ - 'sort.key$ := -} - -ITERATE {presort} - -SORT - -STRINGS { longest.label last.label next.extra } - -INTEGERS { longest.label.width last.extra.num number.label } - -FUNCTION {initialize.longest.label} -{ "" 'longest.label := - #0 int.to.chr$ 'last.label := - "" 'next.extra := - #0 'longest.label.width := - #0 'last.extra.num := - #0 'number.label := -} - -FUNCTION {forward.pass} -{ last.label label = - { last.extra.num #1 + 'last.extra.num := - last.extra.num int.to.chr$ 'extra.label := - } - { "a" chr.to.int$ 'last.extra.num := - "" 'extra.label := - label 'last.label := - } - if$ - number.label #1 + 'number.label := -} - -FUNCTION {reverse.pass} -{ next.extra "b" = - { "a" 'extra.label := } - 'skip$ - if$ - extra.label 'next.extra := - extra.label - duplicate$ empty$ - 'skip$ - { "{\natexlab{" swap$ * "}}" * } - if$ - 'extra.label := - label extra.label * 'label := -} - -EXECUTE {initialize.longest.label} - -ITERATE {forward.pass} - -REVERSE {reverse.pass} - -FUNCTION {bib.sort.order} -{ sort.label 'sort.key$ := -} - -ITERATE {bib.sort.order} - -SORT - -FUNCTION {begin.bib} -{ preamble$ empty$ - 'skip$ - { preamble$ write$ newline$ } - if$ - "\begin{thebibliography}{" number.label int.to.str$ * "}" * - write$ newline$ - "\providecommand{\natexlab}[1]{#1}" - write$ newline$ - "\providecommand{\url}[1]{\texttt{#1}}" - write$ newline$ - "\expandafter\ifx\csname urlstyle\endcsname\relax" - write$ newline$ - " \providecommand{\doi}[1]{doi: #1}\else" - write$ newline$ - " \providecommand{\doi}{doi: \begingroup \urlstyle{rm}\Url}\fi" - write$ newline$ -} - -EXECUTE {begin.bib} - -EXECUTE {init.state.consts} - -ITERATE {call.type$} - -FUNCTION {end.bib} -{ newline$ - "\end{thebibliography}" write$ newline$ -} - -EXECUTE {end.bib} diff --git a/docs/NARK/@resources/texlive/texmf-local/latexmkrc b/docs/NARK/@resources/texlive/texmf-local/latexmkrc deleted file mode 100755 index a51d3004c..000000000 --- a/docs/NARK/@resources/texlive/texmf-local/latexmkrc +++ /dev/null @@ -1,14 +0,0 @@ -# -*- mode: shell-script; coding: utf-8 -*- -# Google 'latexmk' for explanation of this config file -# latexmk at unix command line will compile the paper -$do_cd = 1; -#$clean_ext = "nav out snm dvi idv tmp xref 4tc out aux log fls fdb_latexmk synctex.gz toc svg png 4ct ps out.ps mk4 lg cfg css html yml upa upb"; -@generated_exts = (@generated_exts, 'blg','fdb_latexmk','fls', 'idv','md.tmp','mk4','lg','snm','synctex.gz', 'tex.cfg','nav','out','ps','ps_out','tex.mk4', 'tmp', 'upa','upb','toc','4ct'); -$bibtex_use=2; -$pdf_mode = 1; -$rc_report = 1; -$pdflatex="pdflatex -interaction=nonstopmode %O %S"; -@default_files = ('*.tex'); -$aux_out_dir_report = 0; -$silent = 1; -#warn "PATH = '$ENV{PATH}'\n"; diff --git a/docs/NARK/@resources/texlive/texmf-local/scripts/.gitkeep b/docs/NARK/@resources/texlive/texmf-local/scripts/.gitkeep deleted file mode 100755 index e69de29bb..000000000 diff --git a/docs/NARK/@resources/texlive/texmf-local/scripts/de-macro/de-macro b/docs/NARK/@resources/texlive/texmf-local/scripts/de-macro/de-macro deleted file mode 100755 index f7baab11d..000000000 --- a/docs/NARK/@resources/texlive/texmf-local/scripts/de-macro/de-macro +++ /dev/null @@ -1,1131 +0,0 @@ -#!/Volumes/Sync/Sys/OSX/linked/root/usr/local/bin/miniconda/bin/python -O - -r""" -Copyright 2005-2020 Peter Gacs -Licensed under the Academic Free Licence version 2.1 - - DE-MACRO - -Version 1.4 - Luca Citi made it python2.7 and python3 compatible. - Peter Gacs improved the parsing of \input{}, - and made @ a letter in the style files. -Version 1.3 - this version is much more conservative about deleting - comments and inserting or deleting blank space: tries to - leave in all comments, adds space only when necessary, and - tries not to delete space in the main text. - The motivating comments came from Daniel Webb. -Version 1.2 - a syntactical bug corrected, thanks Brian de Alwis! - - -PURPOSE - -This program can eliminate most private macros from a LaTeX file. -Applications: - - your publisher has difficulty dealing with many private macros - - you cooperate with colleagues who do not understand your macros - - preprocessing before a system like latex2html, which is somewhat - unpredictable with private macros. - -It cannot be used to eliminate more complex macros that rely on -more programming-like constructs in style files. In particular, it will -not replace style files that have options. - -USAGE - -de-macro [--defs ] [.tex] [[.tex] ...] - -Simplest example: de-macro testament - -(As you see, the <> is used only in the notation of this documentation, -you should not type it.) - -If contains a command \usepackage{-private} -then the file -private.sty will be read, and its macros will be -replaced in with their definitions. -The result is in -clean.tex. - -Only newcommand, renewcommand, newenvironment, and renewenvironment are -understood (it does not matter, whether you write new or renew). -These can be nested but do not be too clever, since I do not -guarantee the same expansion order as in TeX. - -FILES - -.db --clean.tex --private.sty - -For speed, a macro database file called .db is created. -If such a file exists already then it is used. -If -private.sty is older than .db then it will not -be used. - -It is possible to specify another database filename via --defs . -Then .db will be used. - -For each , a file -clean.tex will be produced. -If -clean.tex is newer than .tex then it stays. - -INPUT COMMAND - -If a tex file contains a command \input{} or \input -then .tex is processed recursively, and -clean.tex -will be inserted into the final output. -For speed, if -clean.tex is newer than .tex -then .tex will not be reprocessed. - -The dependency checking is not sophisticated, so if you rewrite some macros -then remove all *-clean.tex files! - -""" - -import sys -import os -import re -import shelve - -# Utilities - - -class No_detail: - strerror = "" - - -no_detail = No_detail() - - -class Error(Exception): - """Base class for exceptions in this module.""" - - pass - - -class Empty_text_error(Error): - """Exception raised for errors in the input. - - Attributes: - data -- data that was found empty - message - """ - - def __init__(self, data, message): - self.data = data - self.message = message - - -def warn(error_message, detail=no_detail): - sys.stderr.write(error_message + "\n") - if no_detail != detail: - sys.stderr.write(detail.strerror + "\n") - - -def die(error_message, detail=no_detail): - warn(error_message, detail=no_detail) - sys.exit(1) - - -def getopt_map(one_letter_opts, long_optlist): - "Turns long options into an option map, using getopt." - import getopt - - optlist, args = getopt.getopt(sys.argv[1:], one_letter_opts, long_optlist) - opt_map = {} - for pair in optlist: - opt_map[pair[0]] = pair[1] or 1 - return opt_map, args - - -def newer(file1, file2): - if not os.path.isfile(file1): - return False - - try: - stat_return = os.lstat(file1) - except OSError as detail: - die("lstat " + file1 + " failed:", detail) - time1 = stat_return.st_mtime - - try: - stat_return = os.lstat(file2) - except OSError as detail: - die("lstat " + file2 + " failed:", detail) - time2 = stat_return.st_mtime - - return time1 > time2 - - -def cut_extension(filename, ext): - """ - If filename has extension ext (including the possible dot), - it will be cut off. - """ - file = filename - index = filename.rfind(ext) - if 0 <= index and len(file) - len(ext) == index: - file = file[:index] - return file - - -class Stream: - data = None - pos = None - item = None - - def legal(self): - return 0 <= self.pos and self.pos < len(self.data) - - def uplegal(self): - return self.pos < len(self.data) - - def __init__(self, data_v=None): - self.data = data_v - if self.data: - self.pos = 0 - self.item = self.data[self.pos] - - def next(self): - self.pos += 1 - if self.pos < len(self.data): - self.item = self.data[self.pos] - return self.item - - def reset(self): - if self.data and 0 < len(self.data): - self.pos = 0 - self.item = self.data[0] - return self.item - - -# Basic classes - -blank_re = re.compile(r"\s") -blanked_filename_re = re.compile(r"^\s+(\w*)\s+") -braced_filename_re = re.compile(r"^\s*{\s*(\w*)\s*}") -blank_or_rbrace_re = re.compile(r"[\s}]") -pos_digit_re = re.compile(r"[1-9]") - - -def isletter(c, isatletter=False): - if "@" == c: - return isatletter - else: - return c.isalpha() - - -class Token: - """Type 0 means ordinary character, types 1,2 mean escape sequence - (without the \ ), type 3 means comment. - """ - - simple_ty = 0 - esc_symb_ty = 1 - esc_str_ty = 2 - comment_ty = 3 - - type = simple_ty - val = " " - - def __init__(self, type_v=simple_ty, val_v=" "): - self.type = type_v - self.val = val_v - - def show(self): - out = "" - if simple_ty == self.type or comment_ty == self.type: - out = self.val - else: - out = "\\" + self.val - return out - - -# Constants - -g_token = Token(0, " ") # generic token -simple_ty = g_token.simple_ty -comment_ty = g_token.comment_ty -esc_symb_ty = g_token.esc_symb_ty -esc_str_ty = g_token.esc_str_ty - - -def detokenize(text, isatletter=False): - """ - Input is a list of tokens. - Output is a string. - """ - out = "" - if 0 == len(text): - return - pos = 0 - out += text[pos].show() - pos += 1 - while pos < len(text): - previtem = text[pos - 1] - item = text[pos] - """Insert a separating space after an escape sequence if it is a - string and is followed by a letter.""" - if ( - esc_str_ty == previtem.type - and simple_ty == item.type - and isletter(item.val[0], isatletter) - ): - out += " " - out += item.show() - pos += 1 - return out - - -def strip_comments(text): - """ - Input is a list of tokens. - Output is the same list except the comment tokens. - """ - out = [] - for token in text: - if not comment_ty == token.type: - out.append(token) - return out - - -class Group: - """type 0 means a token, type 1 means contents of a group within {}""" - - token_ty = 0 - group_ty = 1 - type = token_ty - val = [] # Value is a token list. - - def __init__(self, type_v, val_v): - self.type = type_v - self.val = val_v - - def show(self): - if token_ty == self.type: - return self.val.show() - else: - return "{%s}" % detokenize(self.val) - - -# Constants - -g_group = Group(0, []) -token_ty = g_group.token_ty -group_ty = g_group.group_ty - - -def tokenize(in_str, isatletter=False): - """Returns a list of tokens.""" - text = [] - cs = Char_stream(in_str) - cs.reset() - if not cs.legal(): - raise Error("No string to tokenize.") - while cs.uplegal(): - if "%" == cs.item: - comment = cs.scan_comment_token() - text.append(Token(comment_ty, comment)) - elif "\\" != cs.item: - text.append(Token(simple_ty, cs.item)) - cs.next() - else: - cs.next() - name = cs.scan_escape_token(isatletter) - if isletter(name[0], isatletter): - token = Token(esc_str_ty, name) - else: - token = Token(esc_symb_ty, name) - text.append(token) - if "makeatletter" == name: - isatletter = True - elif "makeatother" == name: - isatletter = False - return text - - -class Command_def: - name = "1" - numargs = 0 - body = "" - - def __init__(self, name_v, numargs_v, body_v): - self.name = name_v - self.numargs = numargs_v - self.body = body_v - - def show(self): - out = "\\newcommand{\\%s}" % (self.name) - if 0 < self.numargs: - out += "[%d]" % self.numargs - out += "{%s}" % detokenize(self.body) - return out - - -class Env_def: - name = "1" - numargs = 0 - begin = "" - end = "" - - def __init__(self, name_v, numargs_v, begin_v, end_v): - self.name = name_v - self.numargs = numargs_v - self.begin = begin_v - self.end = end_v - - def show(self): - out = "\\newenvironment{%s}" % self.name - if 0 < self.numargs: - out += "[%d]" % self.numargs - out += "{%s}" % detokenize(self.begin) - out += "{%s}" % detokenize(self.end) - return out - - -class Command_instance: - name = "1" - args = [] - - def __init__(self, name_v, args_v): - self.name = name_v - self.args = args_v - - def show(self): - out = "\\" + self.name - for arg in self.args: - out += "{%s}" % detokenize(arg) - return out - - -class Env_instance: - name = "1" - args = [] - - def __init__(self, name_v, args_v, body_v): - self.name = name_v - self.args = args_v - self.body = body_v - - def show(self): - out = "\\begin{%s}" % self.name - for arg in self.args: - out += "{%s}" % detokenize(arg) - out += detokenize(self.body) - out += "\\end{%s}" % self.name - return out - - -class Char_stream(Stream): - def scan_escape_token(self, isatletter=False): - """ - Starts after the escape sign, assumes that it is scanning a symbol. - Returns a token-string. - """ - out = self.item # Continue only if this is a letter. - item = self.next() - if isletter(out, isatletter): - while self.uplegal() and isletter(item, isatletter): - out += item - item = self.next() - return out - - def scan_comment_token(self): - """ - Starts at the comment sign %, assumes that it is scanning a comment. - Returns the whole comment string, - including the % and all empty space after it. - """ - comment = "" - while self.uplegal() and "\n" != self.item: - comment += self.item - self.next() - while self.uplegal() and blank_re.match(self.item): - comment += self.item - self.next() - return comment - - def scan_input_filename(self): - """We have just read an \input token. The next group or word will be - interpreted as a filename (possibly without .tex). Filenames should not begin with spaces. - Return the filename. - """ - item = self.item - file = "" - while self.uplegal() and blank_re.match(self.item): - item = self.next() - if "{" == item: - item = self.next() - while self.uplegal() and not "}" == item: - file += item - item = self.next() - self.next() - else: - while self.uplegal() and not blank_re.match(item): - file += item - item = self.next() - return file - - def scan_package_filenames(self): - r"""We just read a \usepackage token. The next group will be - interpreted as a list of filenames (without .sty) separated by commas. - Return the list. - """ - item = self.item - while self.uplegal() and blank_re.match(item): - item = self.next() - file = "" - if not "{" == item: - raise Error("\\usepackage not followed by brace.") - item = self.next() - while self.uplegal() and not blank_or_rbrace_re.match(item): - file += item - item = self.next() - self.next() - return file.split(",") - - -class Tex_stream(Stream): - defs = ({}, {}) - defs_db = "x" - defs_db_file = "x.db" - debug = False - - def smart_tokenize(self, in_str, handle_inputs=False, isatletter=False): - """Returns a list of tokens. - It may interpret and carry out all \input commands. - """ - self.data = [] - text = self.data - cs = Char_stream(in_str) - cs.reset() - if not cs.legal(): - raise Error("No string to tokenize.") - while cs.uplegal(): - if "%" == cs.item: - comment = cs.scan_comment_token() - text.append(Token(comment_ty, comment)) - elif "\\" != cs.item: - text.append(Token(simple_ty, cs.item)) - cs.next() - else: - cs.next() - name = cs.scan_escape_token(isatletter) - if "input" == name and handle_inputs: - file = cs.scan_input_filename() - to_add = self.process_if_newer(file) - text.extend(to_add) - elif "usepackage" == name: - while cs.uplegal() and blank_re.match(cs.item): - cs.next() - if "[" == cs.item: # Packages with options will not be processed. - text.extend( - [Token(esc_str_ty, "usepackage"), Token(simple_ty, "[")] - ) - cs.next() - continue - files = cs.scan_package_filenames() - i = 0 - while i < len(files): # process private packages - file = files[i] - p = file.rfind("-private") - if p < 0 or not len(file) - len("-private") == p: - i += 1 - continue - defs_db_file = file + ".db" - self.add_defs(file) - del files[i : (i + 1)] - if files: # non-private packages left - group_content = ",".join(files) - to_add_str = "\\usepackage{%s}" % (group_content) - to_add = tokenize(to_add_str, isatletter) - text.extend(to_add) - else: - if isletter(name[0], isatletter): - token = Token(esc_str_ty, name) - else: - token = Token(esc_symb_ty, name) - text.append(token) - if "makeatletter" == name: - isatletter = True - elif "makeatother" == name: - isatletter = False - self.reset() - return self.data - - def smart_detokenize(self, isatletter=False): - """ - Output is a string. - If the list contains an \input{file} then the content of file - file-clean.tex replaces it in the output. - """ - self.reset() - if not self.legal(): - return "" - out = "" - previtem = None - while self.uplegal(): - item = self.item - """Insert a separating space after an escape sequence if it is a - string and is followed by a letter.""" - if ( - previtem is not None - and esc_str_ty == previtem.type - and simple_ty == item.type - and isletter(item.val[0], isatletter) - ): - out += " " - previtem = item - if not (esc_str_ty == item.type and "input" == item.val): - out += item.show() - self.next() - else: - self.next() - group = self.scan_group() - file = detokenize(group.val) - clean_file = "%s-clean.tex" % (file) - print("Reading file %s" % (clean_file)) - fp = open(clean_file, "r") - content = fp.read() - fp.close() - out += content - return out - - # Basic tex scanning - - def skip_blank_tokens(self): # we also skip comment tokens. - item = self.item - while self.uplegal() and ( - comment_ty == item.type - or (simple_ty == item.type and blank_re.match(item.val)) - ): - item = self.next() - return item - - def scan_group(self): - """Returns group.""" - if not self.legal(): - raise Error("No group to scan.") - item = self.item - if not (simple_ty == item.type and "{" == item.val): - return Group(token_ty, [self.item]) - count = 1 - group = [] - item = self.next() - while count and self.uplegal(): - if simple_ty == item.type: - if "{" == item.val: - count += 1 - elif "}" == item.val: - count -= 1 - if count != 0: - group.append(item) - item = self.next() - return Group(group_ty, group) - - # Command and environment definitions - - def scan_command_name(self): - """Returns name.""" - if not self.legal(): - raise Error("No command name to scan.") - item = self.item - name = "" - if item.type in [esc_symb_ty, esc_str_ty]: - name = item.val - else: - if not "{" == item.val: - raise Error("Command definition misses first {.") - self.next() - item = self.skip_blank_tokens() - if item.type not in [esc_symb_ty, esc_str_ty]: - raise Error("Command definition does not begin with control sequence.") - name = item.val - self.next() - item = self.skip_blank_tokens() - if not "}" == item.val: - raise Error( - "Definition for commmand %s misses first }., %s" % (name, item.val) - ) - self.next() - self.skip_blank_tokens() - return name - - def scan_numargs(self, name): - """ - name is the name of the command or environment definition being - scanned. - Starts on a nonblank token. - Returns numargs - where numargs is the number of arguments in a command or environment - definition, - """ - if not self.legal(): - raise Error("No numargs to scan.") - item = self.item - numargs = 0 - if not simple_ty == item.type: - raise Error("Illegal command or environment definition: " + name) - if "[" == item.val: - if not 4 < len(self.data): - raise Error("Command or environment definition is illegal: " + name) - item = self.next() - if not simple_ty == item.type: - raise Error("Illegal command or environment definition: " + name) - numargs = item.val - if not pos_digit_re.match(numargs): - raise Error("%s must be argument number after %s" % (numargs, name)) - numargs = int(numargs) - self.next() - item = self.skip_blank_tokens() - if not simple_ty == item.type: - raise Error("Illegal command definition: " + name) - if "]" != item.val: - raise Error("Illegal command definition: " + name) - self.next() - self.skip_blank_tokens() - return numargs - - def scan_command_def(self): - """Scan a command definition. - Return command_def. - Assumes that the number of arguments is at most 9. - """ - if not self.legal(): - raise Error("No command definition to scan.") - item = self.item - if not 2 < len(self.data): - raise Error("Command definition is illegal.") - # newcommand or renewcommand - if item.type not in [esc_symb_ty, esc_str_ty]: - raise Error( - "Command definition should begin with control sequence: " + item.val - ) - if item.val not in ["newcommand", "renewcommand"]: - raise Error("Command definition should begin with control sequence.") - self.next() - self.skip_blank_tokens() - - cmd_name = self.scan_command_name() - numargs = self.scan_numargs(cmd_name) - - body_group = self.scan_group() - if group_ty != body_group.type: - raise Error("Command body missing: " + cmd_name) - body_val = strip_comments(body_group.val) - return Command_def(cmd_name, numargs, body_val) - - def scan_env_name(self): - """Starts on a {. - Returns name. - """ - if not self.legal(): - raise Error("No environment name to scan.") - item = self.item - if not "{" == item.val: - raise Error("Env. definition begins with %s, not with {" % (item.val)) - self.next() - item = self.skip_blank_tokens() - name = "" - if not simple_ty == item.type: - raise Error( - "1. Env. def. begins with cont. seq. %s, not with env.name." - % (item.val) - ) - while self.uplegal() and not blank_or_rbrace_re.match(item.val): - name += item.val - item = self.next() - if not simple_ty == item.type: - raise Error( - "2. Env. def. begins with cont. seq. %s, not with env.name." - % (item.val) - ) - item = self.skip_blank_tokens() - if not "}" == item.val: - raise Error("Command definition does not begin with control sequence.") - self.next() - self.skip_blank_tokens() - return name - - def scan_env_def(self): - """Scan an environment definition. - Return env_def - Assumes that the number of arguments is at most 9. - """ - if not self.legal(): - raise Error("No environment definition to scan.") - item = self.item - if not 7 < len(self.data): - raise Error("Environment definition is illegal.") - pos = 0 - - if item.type not in [esc_symb_ty, esc_str_ty]: - raise Error( - "Env. definition does not begin with control sequence:" + item.val - ) - if item.val not in ["newenvironment", "renewenvironment"]: - raise Error("Env. definition does not begin with control sequence.") - self.next() - self.skip_blank_tokens() - - env_name = self.scan_env_name() - numargs = self.scan_numargs(env_name) - self.skip_blank_tokens() - - begin_group = self.scan_group() - if group_ty != begin_group.type: - raise Error("Begin body missing: " + env_name) - begin_val = strip_comments(begin_group.val) - - self.skip_blank_tokens() - - end_group = self.scan_group() - if group_ty != end_group.type: - raise Error("End body missing:" + env_name) - end_val = strip_comments(end_group.val) - - return Env_def(env_name, numargs, begin_val, end_val) - - def scan_defs(self): - if not self.legal(): - raise Error("No definitions to scan.") - self.reset() - command_defs, env_defs = self.defs - while self.uplegal(): - if esc_str_ty == self.item.type and self.item.val in [ - "newcommand", - "renewcommand", - ]: - command_def = self.scan_command_def() - command_defs[command_def.name] = command_def - elif esc_str_ty == self.item.type and self.item.val in [ - "newenvironment", - "renewenvironment", - ]: - env_def = self.scan_env_def() - env_defs[env_def.name] = env_def - else: - self.next() - - # Instances - - def scan_args(self, command_or_env_def): - """Scan the arguments of a command or environment. - Return [args]. - """ - if not self.legal(): - raise Error("No arguments to scan.") - numargs = command_or_env_def.numargs - name = command_or_env_def.name - - args = [] - for i in range(numargs): - arg = [] - if not (simple_ty == self.item.type and "{" == self.item.val): - arg = [self.item] - self.next() - else: - group = self.scan_group() - arg = group.val - args.append(arg) - return args - - def scan_command(self, command_def): - """Scan the arguments of a command. - Return command_instance - """ - if not self.legal(): - raise Error("No command to scan.") - if self.item.type not in [esc_symb_ty, esc_str_ty]: - raise Error("Command does not begin with control sequence.") - name = self.item.val - self.next() - if 0 < command_def.numargs: - self.skip_blank_tokens() - args = self.scan_args(command_def) - else: - args = [] - return Command_instance(name, args) - - def test_env_boundary(self, item): - """Check whether an environment begin or end follows. - Return 1 if \begin, -1 if \end, 0 otherwise. - """ - d = 0 - if esc_str_ty == item.type: - if "begin" == item.val: - d = 1 - elif "end" == item.val: - d = -1 - return d - - def scan_env_begin(self): - """Scan an environment name. - Return env_name. - """ - if not self.legal(): - raise Error("No environment begin to scan.") - item = self.item - if not (esc_str_ty == item.type and "begin" == item.val): - raise Error("Environment does not begin with begin.") - self.next() - name_group = self.scan_group() - name = detokenize(name_group.val) - return name - - def scan_env_end(self): - """Scan an environment end. - Return env_name. - """ - if not self.legal(): - raise Error("No environment end to scan.") - item = self.item - if not (esc_str_ty == item.type and "end" == item.val): - raise Error("Environment does not end with end.") - self.next() - name_group = self.scan_group() - name = detokenize(name_group.val) - return name - - def scan_env_rest(self, env_def): - """Scanning starts after \begin{envname}. - Returns env_instance. - """ - if not self.legal(): - raise Error("No environment rest to scan.") - count = 1 # We are already within a boundary. - args = self.scan_args(env_def) - body = [] - while count and self.uplegal(): - old_pos = self.pos - d = self.test_env_boundary(self.item) - count += d - if 1 == d: - self.scan_env_begin() - elif -1 == d: - self.scan_env_end() - else: - self.next() - if 0 < count: - body.extend(self.data[old_pos : self.pos]) - return Env_instance(env_def.name, args, body) - - # Definitions - - def restore_defs(self): - if os.path.isfile(self.defs_db_file): - print("Using defs db %s" % (self.defs_db_file)) - db_h = shelve.open(self.defs_db) - self.defs = db_h["defs"] - db_h.close() - - def save_defs(self): - db_h = shelve.open(self.defs_db) - if "defs" in db_h: - del db_h["defs"] - db_h["defs"] = self.defs - db_h.close() - - def add_defs(self, defs_file): - defs_file_compl = defs_file + ".sty" - if not os.path.isfile(defs_file_compl): - raise Error("%s does not exist" % (defs_file_compl)) - - defs_db_file = self.defs_db_file - if newer(defs_db_file, defs_file_compl): - print("Using defs db %s for %s" % (defs_db_file, defs_file)) - else: - defs_fp = open(defs_file_compl, "r") - defs_str = defs_fp.read() - defs_fp.close() - ds = Tex_stream() - ds.defs = self.defs - defs_text = ds.smart_tokenize(defs_str, isatletter=True) - # changing ds.defs will change self.defs - if self.debug: - defs_seen_file = "%s-seen.sty" % (defs_file) - defs_seen_fp = open(defs_seen_file, "w") - out = detokenize(defs_text, isatletter=True) - defs_seen_fp.write(out) - defs_seen_fp.close() - ds.scan_defs() - if self.debug: - out = "" - command_defs, env_defs = self.defs - for def_name in command_defs.keys(): - out += command_defs[def_name].show() + "\n" - for def_name in env_defs.keys(): - out += env_defs[def_name].show() + "\n" - print("Definitions after reading %s:" % (defs_file)) - print(out) - - # Applying definitions, recursively - # (maybe not quite in Knuth order, so avoid tricks!) - - def subst_args(self, body, args): - out = [] - pos = 0 - while pos < len(body): - item = body[pos] - if not (simple_ty == item.type and "#" == item.val): - out.append(item) - pos += 1 - continue - pos += 1 - token = body[pos] - argnum = token.val - if not pos_digit_re.match(argnum): - raise Error("# is not followed by number.") - argnum = int(argnum) - if argnum > len(args): - raise Error("Too large argument number.") - arg = args[argnum - 1] - out += arg - pos += 1 - return out - - def apply_command_recur(self, command_instance): - command_defs, env_defs = self.defs - name = command_instance.name - command_def = command_defs[name] - - args = command_instance.args - body = command_def.body - result = self.subst_args(body, args) - try: - result = self.apply_all_recur(result) - except Empty_text_error as e: - raise Error( - "apply_all_recur fails on command instance %s: %s, %s" - % (command_instance.show(), detokenize(e.data), e.message) - ) - return result - - def apply_env_recur(self, env_instance): - command_defs, env_defs = self.defs - name = env_instance.name - env_def = env_defs[name] - - begin, end = env_def.begin, env_def.end - body, args = env_instance.body, env_instance.args - out = self.subst_args(begin, args) + body + self.subst_args(end, args) - return self.apply_all_recur(out) - - def apply_all_recur(self, data, report=False): - ts = Tex_stream(data) - ts.defs = self.defs - command_defs, env_defs = self.defs - out = [] - progress_step = 10000 - progress = progress_step - if not ts.legal(): - raise Empty_text_error(data, "No text to process.") - while ts.uplegal(): - if self.pos > progress: - if report: - print(self.pos) - progress += progress_step - if ts.item.type not in [esc_symb_ty, esc_str_ty]: - out.append(ts.item) - ts.next() - continue - if 1 == ts.test_env_boundary(ts.item): - old_pos = ts.pos - env_name = ts.scan_env_begin() - if env_name not in env_defs: - out.extend(ts.data[old_pos : ts.pos]) - continue - else: - env_def = env_defs[env_name] - env_instance = ts.scan_env_rest(env_def) - result = ts.apply_env_recur(env_instance) - out.extend(result) - elif ts.item.val not in command_defs: - out.append(ts.item) - ts.next() - continue - else: - command_def = command_defs[ts.item.val] - command_inst = ts.scan_command(command_def) - result = ts.apply_command_recur(command_inst) - out.extend(result) - return out - - # Processing files - - def process_file(self, file): - """Returns the new defs.""" - file = cut_extension(file, ".tex") - source_file = "%s.tex" % (file) - print("File %s [" % (source_file)) - source_fp = open(source_file, "r") - text_str = source_fp.read() - source_fp.close() - - self.smart_tokenize(text_str, handle_inputs=True) - if not self.data: - raise Error("Empty tokenization result.") - self.reset() - - if self.debug: - source_seen_fname = "%s-seen.tex" % (file) - source_seen_fp = open(source_seen_fname, "w") - source_seen_fp.write(detokenize(self.data)) - source_seen_fp.close() - - self.data = self.apply_all_recur(self.data, report=True) - - result_fname = "%s-clean.tex" % (file) - print("Writing %s [" % (result_fname)) - result_fp = open(result_fname, "w") - result_fp.write(self.smart_detokenize()) - result_fp.close() - print("] file %s" % (result_fname)) - print("] file %s" % (source_file)) - - def process_if_newer(self, file): - """ - \input{file} is added to the token list. - If the input file is newer it is processed. - Returns tokenized \input{file}. - """ - file = cut_extension(file, ".tex") - tex_file = file + ".tex" - clean_tex_file = file + "-clean.tex" - if newer(clean_tex_file, tex_file): - print("Using %s." % (clean_tex_file)) - else: - ts = Tex_stream() - ts.data = [] - ts.defs = self.defs - ts.process_file(file) - to_add = "\\input{%s}" % (file) - return tokenize(to_add) - - -# Main - -long_optlist = ["debug", "defs="] -options, restargs = getopt_map("x", long_optlist) - -debug = False -if "--debug" in options: - debug = True - -root = restargs[0] -root = cut_extension(root, ".tex") -if "--defs" in options: - defs_root = options["--defs"] -else: - defs_root = "%s" % (root) -defs_db = defs_root -defs_db_file = defs_root + ".db" - -ts = Tex_stream() -ts.defs_db = defs_db -ts.defs_db_file = defs_db_file -ts.debug = debug - -ts.restore_defs() -for root in restargs: - ts.process_file(root) - -print("(Re)creating defs db %s" % (defs_db)) -ts.save_defs() diff --git a/docs/NARK/@resources/texlive/texmf-local/tex/latex/README.md b/docs/NARK/@resources/texlive/texmf-local/tex/latex/README.md deleted file mode 100755 index bcb928ec3..000000000 --- a/docs/NARK/@resources/texlive/texmf-local/tex/latex/README.md +++ /dev/null @@ -1,8 +0,0 @@ -# Supplements to texlive - -The latex support files in this directory compile properly using pdflatex on TeXLive 2023 -for either Mac or Windows, using TeXLive - -You will likely need the "full" distribution of TeXLive, as many obscure tex packages are used - -Depending on details of your installation, you may need to modify security preferences diff --git a/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-make4ht.sty b/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-make4ht.sty deleted file mode 100755 index 9097face4..000000000 --- a/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-make4ht.sty +++ /dev/null @@ -1,91 +0,0 @@ -% Allows compilation for either PDF (pdflatex) or html (make4ht) - -\provideboolean{Web} -\setboolean{Web}{false} % reset to true if running via dvi; search for \ifdvi below - -% html version of document must be constructed by running pdflatex in -% dvi output mode; code below creates an ifdvi construct that detects -% whether running in dvi mode and sets the options necessary to generate -% html version of document using tex4ht - -\makeatletter -\newif\ifdvi\dvitrue -\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} -\makeatother - -% dvi compilation only occurs if making the html version -\ifdvi - \setboolean{Web}{true} - \providecommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht - \let\footnoterule\relax - % Abstract from PDF version looks bad in html; redefine - \makeatletter - \renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{5mm} - \noindent \textbf{Abstract}\\ - \indent \abstractSizeDefault - }{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - % \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{3mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{bejournal}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - \begin{quote} - \begin{Description} - \item[\textbf{~~~~~~~~~~~~Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{bejournal}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{~~~~~~~~~~~~JEL codes~}] \@jelclass - \end{Description} - } - \end{quote} - \makeatother - } -\else -% \RequirePackage{graphicx} % requiring [pdftex] seems to interfere with Pandemic build - % hyperref should be among packages already used - \hypersetup{ - hypertexnames=false, - unicode=true, - pdffitwindow = false, % Don't rescale to fit size of window - pdfpagemode=UseThumbs, - pdfstartview=FitH, - pdfnewwindow = true, % Links open in new window - pdfproducer = {pdfLaTeX with hyperref} - } - \DeclareGraphicsExtensions{.pdf} -\fi - -\definecolor{darkblue}{rgb}{0.1,0.094,0.3} -\definecolor{darkred}{rgb}{0.3,0,0} -\hypersetup{colorlinks=true, % put a box around links - linkbordercolor = {1 0 0}, % the box will be red - pdfborder = {1 0 0}, % - % bookmarks=true, % PDF will contain an index on the RHS - urlcolor=darkred, - citecolor=darkblue, - linkcolor=darkred -} - -\provideboolean{Web} -\setboolean{Web}{false} % reset to true if running via dvi; search for \ifdvi below - -% When compiling Web version of paper, construct targets/anchors -\provideboolean{showPageHead}\setboolean{showPageHead}{true} - -% if compiling as html, then do hypersetup -\ifthenelse{\boolean{Web}}{\hypersetup{destlabel=true} -}{ % else compiling as pdf so show headers on pages - \provideboolean{showPageHead}{\setboolean{showPageHead}{true}} - \usepackage{scrlayer-scrpage} % Package for page headers if PDF - \usepackage{caption} % allow suppression of appendix figures in NoAppendix PDF -} diff --git a/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-multibib.sty b/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-multibib.sty deleted file mode 120000 index 93d7d40da..000000000 --- a/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-multibib.sty +++ /dev/null @@ -1 +0,0 @@ -/Volumes/Sync/Github/econ-ark/econ-ark-tools/@resources/texlive/texmf-local/tex/latex/econark-multibib.sty diff --git a/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-onlyinsubfile.sty b/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-onlyinsubfile.sty deleted file mode 100755 index 3586e71d0..000000000 --- a/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-onlyinsubfile.sty +++ /dev/null @@ -1,17 +0,0 @@ -\onlyinsubfile{% https://tex.stackexchange.com/questions/463699/proper-reference-numbers-with-subfiles - \csname @ifpackageloaded\endcsname{xr-hyper}{% - \externaldocument{SolvingMicroDSOPs}% xr-hyper in use; optional argument for url of main.pdf for hyperlinks - }{% - \csname @ifpackageloaded\endcsname{xr}{% - \externaldocument{SolvingMicroDSOPs}% xr in use - }{% - % Neither xr-hyper nor xr is loaded - \PackageWarning{YourPackage}{% - Neither 'xr-hyper' nor 'xr' package is loaded. Cross-referencing may not work as expected. - Please load either 'xr-hyper' or 'xr' package to enable cross-referencing. - }% - }% - }% - \renewcommand\labelprefix{}% - % Initialize the counters via the labels belonging to the main document: -} diff --git a/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-titlepage.sty b/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-titlepage.sty deleted file mode 100755 index 5bf36b7dc..000000000 --- a/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark-titlepage.sty +++ /dev/null @@ -1,189 +0,0 @@ -\providecommand{\forcedate}{} -\renewcommand{\forcedate}[1]{\newcommand{\@forcedate}{#1}} - -% titlepage with title, author(s), and date - -\renewcommand{\maketitle}{ - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize \@date \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -\newcommand{\maketitleWithForcedDate}[1]{ - \ClassWarningNoLine{econtex}{\protect\maketitleWithForcedDate{} is deprecated. To set a date different from the current one, just use the \protect\date{(string desired to signify paper date)}} - - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize #1 \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -% abstract, keywords, JEL classification -\newcommand{\keywords}[1]{\newcommand{\@keywords}{#1}} -\newcommand{\jelclass}[1]{\newcommand{\@jelclass}{#1}} -\newcommand{\aspublished}[1]{\newcommand{\@aspublished}{#1}} - -\renewenvironment{abstract}{% -% \begin{spacing}{0.9} -% \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \ifdvi - \else % horizontal rule works well for PDF, not for html -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \fi - \vspace*{4mm} - \abstractSizeDefault - \noindent \textbf{Abstract}\\ - \indent - }{% -% \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \ifdvi - \else -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \fi - \vspace*{0mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{econtex}{No keywords specified. - Please use the command \protect\keywords} - }{ - } -% \end{spacing} - - \begin{quote} - \begin{Description} - \item[\textbf{Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{econtex}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{JEL codes~}] \@jelclass - } - - \end{Description} - \ifthenelse{ \isundefined\@aspublished }{ - }{ - { - - \vspace{0.1in}\@aspublished} - }\end{quote} -} - -\setcounter{footnote}{0}% - -\medskip - -% avoid clubs and widows -\clubpenalty=1000 % penalty for breaking a page with only one sentence; set to 10000 to prohibit -\widowpenalty=10000 -% \displaywidowpenalty=10000 - -\hbadness 3000 % LaTeX default is 1000, which is too finicky - set to 10000 to get rid of complaints - -% increase stretchability of the spaces (avoid overfull hboxes) -\setlength{\emergencystretch}{3em} - - -\pagestyle{plain} -\thispagestyle{empty} - -\newcommand{\titlepagefinish}{\newpage - \renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} -} - - -\RequirePackage[multiple]{footmisc} -\RequirePackage{manyfoot} -\RequirePackage{perpage} \DefineFNsymbols{blank}[text]{{} {} {} {} {}} \setfnsymbol{blank} \DeclareNewFootnote{B}[fnsymbol] \MakePerPage{footnoteB} \renewcommand{\thanks}{\footnoteB} \newcommand{\thanksFooter}{\footnoteB} - -% 20170126: perpage package conflicts with something else so is removed in econtexMake.sh - -\hfuzz2pt % Don't bother to report over-full boxes if over-edge is < 2pt - -%%%%%%%%%% Added by Amy Hendrickson, TeXnology Inc. -%% Amy change, Feb 28, 2011 ==>> - -%%% Generalization of the author and authorinfo commands, based on -%%% the original code. - -%% Sample use: -%% \author{Christopher D. Carroll\authNum \\ -%% \and -%% Jiri Slacalek\authNum \\ -%% \and -%% Martin Sommer\authNum \\ -%% \and -%% Another Name\authNum -%% \and -%% Still Another Name\authNum -%% } - -\newcounter{authornum} % Use either \num or (preferred) \authNum to denote authors -\def\num{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} -\def\authNum{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} - -%% \begin{authorsinfo}...\end{authorsinfo} - -%% Now used: -%% \begin{authorsinfo} -%% \name{First author: info} -%% \\ -%% \name{Second author: info} -%% \\ -%% \name{Third author: info} -%% (and so on for as many authors -%% as you have) -%% \end{authorsinfo} -%% (note: the \\ doesn't do anything, but makes it easier to -%% see the separate author names.) - -\newcounter{bottomauthor} -\def\authorsinfo{\global\c@bottomauthor=0\setbox0=\vbox\bgroup\footnotesize - \let\\ \relax -} - -\def\endauthorsinfo{\egroup - \footnoteB{\unvbox0} -} - -\def\name#1{\global\advance\c@bottomauthor by 1\textsuperscript{\tiny \the\c@bottomauthor}{#1}{~~~~}} diff --git a/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark.cls b/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark.cls deleted file mode 100755 index 662eea10f..000000000 --- a/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark.cls +++ /dev/null @@ -1,336 +0,0 @@ -%%% LaTeX class for econark -%%% -%%% author: Christopher Carroll -%%% license: LaTeX Project Public License -%%% -%%% Modified from style itaxpf by Arne Henningsen -%%% version: 1.0 (09 July 2007) -%%% license: LaTeX Project Public License -%%% -%%% Further information is available at -%%% http://www.uni-kiel.de/agrarpol/ahenningsen/latex-bibtex.html -%%% -%%% This document class is based on the "scrartcl" class -%%% from the KOMA script bundle. For documentation, Google KOMA-Script Documentation -%%% -%%% The corresponding BibTeX style file "econark.bst" should be used -%%% for the bibliography: \bibliographystyle{econark} -%%% -%%% In addition to the options for scrartcl, this package includes an additional option -%%% titlepage = include a title page (with command "\maketitle") -%%% -%%% If an abstract is defined by \begin{abstract}\end{abstract} before \maketitle is invoked, -%%% it will appear on the title page -%%% -%%% If the titlepage option is invoked: -%%% \keywords can be used to show keywords below the abstract -%%% \jelclass can be used to show JEL classifications below the abstract -%%% \thanks{text of the thank-you footnote} produces a footnote at the bottom of the page containing the text - -\ProvidesClass{econark}[2024/06/04 LaTeX class for econark latex documents by Christopher Carroll] -\RequirePackage{snapshot} % Creates list of external dependencies used by a LaTeX document -\RequirePackage{ifthen} % allows conditional execution -%\RequirePackage{rotating} -\RequirePackage{changepage} -\RequirePackage{currfile} % define macros to produce the filename and path - -% If unspecified whether pdf output (instead of dvi) is being used, determine that it SHOULD be -\newif\ifdvi\dvitrue -\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} - -% option to include a titlepage needs to be set up before class is loaded -\newcounter{IncludeTitlePage} -\setcounter{IncludeTitlePage}{0} -\DeclareOption{titlepage}{\setcounter{IncludeTitlePage}{1}} - -% pass on any options with which econark was invoked -% to the scrartcl class and load this class -\DeclareOption*{\PassOptionsToClass{\CurrentOption}{scrartcl}} -\ProcessOptions\relax - -% see documentation for KOMA class for meanings of these options -\LoadClass[ -fontsize=12pt,english, -numbers=noenddot, % do not add final dot after ordinary section numbers -captions=tableheading, % allows \captionabove for captions above rather than below tables -captions=nooneline % do not treat one-line captions differently -,headings=optiontocandhead % section headings at top of page -]{scrartcl} - -% use TeX encoding scheme (T1), which contains accented (European) letters, -% to make European hyphenations work -\RequirePackage[T1]{fontenc} - -% use babel package to set language to english -\RequirePackage[english]{babel} - -% % spacing around formulas -% \AtBeginDocument{ -% \setlength{\abovedisplayshortskip}{6pt} -% \setlength{\belowdisplayshortskip}{6pt} -% \setlength{\abovedisplayskip}{6pt} -% \setlength{\belowdisplayskip}{6pt} -% \allowdisplaybreaks % Permits LaTeX to break long formulas across pages (?) -% } - -% Don't indent the second and later lines of footnotes -\deffootnote[1em]{0.0em}{1em}{\textsuperscript{\thefootnotemark}} - -% % spacing around captions and floats -% \setlength{\abovecaptionskip}{6pt} -% \setlength{\belowcaptionskip}{3pt} -% \setlength{\floatsep}{0pt} -% \setlength{\textfloatsep}{20pt} -% \setlength{\intextsep}{15pt} - -\RequirePackage{amsmath,amssymb,amsfonts,amsthm % math stuff - ,cancel % \cancel{thing} does strikethrough - ,verbatim % do not parse text in verbatim environment - ,dcolumn % align on decimal - ,hhline % Allow double hlines - ,xcolor % Superceded color, which is WAY out of date - ,accents % More math accents - ,appendix % handles appendices - ,datetime2 % create and manipulate dates -} -% to get endnotes with superscripts, use \printendnotes[superscriptednotes] - -% ---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -%\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -% ---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -% To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -% To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -% To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -% To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -% -------------------------------------------------------- - -\RequirePackage[mathscr]{eucal} % enable mathscr and mathcal fonts -%\RequirePackage[normalem]{ulem} -%\providecommand\bmmax{0} % Prevent boldmath package from using up too much memory -%\RequirePackage{bm} % Allow bold math -%\RequirePackage{bbm} % Blackbord math - -% font for URLs -\RequirePackage{url} -\def\UrlFont{\ttfamily} % typewriter - -\usepackage[econtex]{optional} % Enable the control of compilation using options passed on startup -% To put floats (tables, figs) at end, include option endfloat in pdflatex -\opt{EndFloats}{\RequirePackage[noheads,nolists,tablesfirst,nomarkers]{endfloat}} - -\providecommand{\textSizeDefault}{\normalsize} -\providecommand{\abstractSizeDefault}{\small} - -%% formatting section headers -\setkomafont{section}{\normalfont \Large \bfseries} -\setkomafont{subsection}{\normalfont \large} -\setkomafont{subsubsection}{\normalfont \itshape} - -% citations and bibliography -\RequirePackage[authoryear]{natbib} - -% Configure references at startup -\AtBeginDocument{\renewcommand{\refname}{References} - \renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} % Restore footnote defn after titlepage redefines it - \ifdvi - \else % \ifdvi failed so we must be in pdf mode - % \providecommand{\ushort}{} - % \renewcommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht (which compiles using dvi) - \fi -} - -% captions of figures and tables -\setcapwidth[c]{\textwidth} - -\setkomafont{captionlabel}{\centering \bfseries} -\setkomafont{caption}{\centering} -\renewcommand{\captionformat}{~ } - -% Title page stuff (allows keywords and JEL codes) -\newenvironment{Description} -{\begin{list}{}{\let\makelabel\Descriptionlabel - \setlength\labelwidth{75pt} - \setlength\labelsep{0pt} - \setlength\leftmargin{75pt} - \setlength\itemindent{0pt} - }} - {\end{list}} -\newcommand*\Descriptionlabel[1]{\textbf{#1}\hfil} - -\renewcommand{\maketitle}{ - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize \@date \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - -% abstract, keywords, JEL classification -\newcommand{\keywords}[1]{\newcommand{\@keywords}{#1}} -\newcommand{\jelclass}[1]{\newcommand{\@jelclass}{#1}} -\newcommand{\aspublished}[1]{\newcommand{\@aspublished}{#1}} - -\renewenvironment{abstract}{% - \abstractSizeDefault - \noindent \textbf{Abstract}\\ - \indent - }{% -% \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \ifdvi - \else -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \fi - \vspace*{0mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{econtex}{No keywords specified. - Please use the command \protect\keywords} - }{ - } -% \end{spacing} - - \begin{quote} - \begin{Description} - \item[\textbf{Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{econtex}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{JEL codes~}] \@jelclass - } - - \end{Description} - \ifthenelse{ \isundefined\@aspublished }{ - }{ - { - - \vspace{0.1in}\@aspublished} - }\end{quote} -} - -\setcounter{footnote}{0}% - -% avoid clubs and widows -\clubpenalty=1000 % penalty for breaking a page with only one sentence; set to 10000 to prohibit -\widowpenalty=10000 -% \displaywidowpenalty=10000 - -\hbadness 3000 % LaTeX default is 1000, which is too finicky - set to 10000 to get rid of complaints - -% increase stretchability of the spaces (avoid overfull hboxes) -\setlength{\emergencystretch}{3em} - -\pagestyle{plain} -\thispagestyle{empty} - -\newcommand{\titlepagefinish}{\newpage - \renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} -} - -\RequirePackage[multiple]{footmisc} -\RequirePackage{manyfoot} -\RequirePackage{perpage} \DefineFNsymbols{blank}[text]{{} {} {} {} {}} \setfnsymbol{blank} \DeclareNewFootnote{B}[fnsymbol] \MakePerPage{footnoteB} \renewcommand{\thanks}{\footnoteB} \newcommand{\thanksFooter}{\footnoteB} - -\hfuzz2pt % Don't bother to report over-full boxes if over-edge is < 2pt - -\RequirePackage{setspace} % needed for the titlepage stuff below - -% Titlepage -%%%%%%%%%% Added by Amy Hendrickson, TeXnology Inc. -%% Amy change, Feb 28, 2011 ==>> - -%%% Generalization of the author and authorinfo commands, based on -%%% the original code. - -%% Sample use: -%% \author{Christopher D. Carroll\authNum \\ -%% \and -%% Jiri Slacalek\authNum \\ -%% \and -%% Martin Sommer\authNum \\ -%% \and -%% Another Name\authNum -%% \and -%% Still Another Name\authNum -%% } - -\newcounter{authornum} % Use either \num or (preferred) \authNum to denote authors -\def\num{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} -\def\authNum{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} - -%% \begin{authorsinfo}...\end{authorsinfo} - -%% Now use: -%% \begin{authorsinfo} -%% \name{First author: info} -%% \\ -%% \name{Second author: info} -%% \\ -%% \name{Third author: info} -%% (and so on for as many authors -%% as you have) -%% \end{authorsinfo} -%% (note: the \\ doesn't do anything, but makes it easier to -%% see the separate author names.) - -\newcounter{bottomauthor} -\def\authorsinfo{\global\c@bottomauthor=0\setbox0=\vbox\bgroup\footnotesize - \let\\ \relax -} - -\def\endauthorsinfo{\egroup - \footnoteB{\unvbox0} -} - -\def\name#1{\global\advance\c@bottomauthor by 1\textsuperscript{\tiny \the\c@bottomauthor}{#1}{~~~~}} - -\makeatletter -\DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} -\DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} -\DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} -\DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} -\DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} -\DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} -\DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} -\makeatother diff --git a/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark.sty b/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark.sty deleted file mode 100755 index a02616c1d..000000000 --- a/docs/NARK/@resources/texlive/texmf-local/tex/latex/econark.sty +++ /dev/null @@ -1,491 +0,0 @@ -% Style file with stuff that should be available for any latex doc in Econ-ARK -% n.b.: \providecommand{[macroName]}{[value]} does not overwrite [macroName] -% so if used after macroName is already defined, it leaves the macro unchanged - -% Get references right whether compiled as subfile or main file -% https://tex.stackexchange.com/questions/463699/proper-reference-numbers-with-subfiles -\newcommand\labelprefix{} -\newcommand\localorexternallabel[1]{% Removing this comment breaks the command - \expandafter\ifx\csname r@#1\endcsname\relax - \labelprefix - \fi #1% Removing this comment breaks the command -} -\makeatletter -\newif\ifdvi\dvitrue -\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} -\makeatother - -% Appendices and body are subfiles -\RequirePackage{subfiles} -%\RequirePackage{xmpincl} % mathstat.dal..ca/~sellinger/pdfa - -% Get all the packages from the American Mathematical Society -\RequirePackage{amsmath,amsfonts,amsthm,amssymb} - -% Command to define a label only if it does not yet exist (suppresses misleading -% warnings when material created in subfiles is read while references already -% exist from master document) -\makeatletter -\newcommand{\iflabelexists}[3]{\@ifundefined{r@#1}{\G@refundefinedtrue{#3}}{#2}} -\makeatother - -% variables: -%% principles: -%% - Levels (Lvl) are boldface italic -%% - Normalized (Nrm) are plain -%% - Aggregate variables are marked by Agg and are upper case -%% - Individual variables are marked by Ind and are upper case -%% - The combination of Ind and Agg is marked by All -%% - If the problem has only one shock, the Ind and Agg can be omitted - -\providecommand{\aLvl}{\boldsymbol{\mathit{a}}} -\providecommand{\bLvl}{\boldsymbol{\mathit{b}}} -\providecommand{\cLvl}{\boldsymbol{\mathit{c}}} -\providecommand{\dLvl}{\boldsymbol{\mathit{d}}} -\providecommand{\eLvl}{\boldsymbol{\mathit{e}}} -\providecommand{\fLvl}{\boldsymbol{\mathit{f}}} -\providecommand{\gLvl}{\boldsymbol{\mathit{g}}} -\providecommand{\hLvl}{\boldsymbol{\mathit{h}}} -\providecommand{\iLvl}{\boldsymbol{\mathit{i}}} -\providecommand{\jLvl}{\boldsymbol{\mathit{j}}} -\providecommand{\kLvl}{\boldsymbol{\mathit{k}}} -\providecommand{\mLvl}{\boldsymbol{\mathit{m}}} -\providecommand{\nLvl}{\boldsymbol{\mathit{n}}} -\providecommand{\pLvl}{\boldsymbol{\mathit{p}}} -\providecommand{\qLvl}{\boldsymbol{\mathit{q}}} -\providecommand{\rLvl}{\boldsymbol{\mathit{r}}} -\providecommand{\sLvl}{\boldsymbol{\mathit{s}}} -\providecommand{\tLvl}{\boldsymbol{\mathit{t}}} -\providecommand{\uLvl}{\boldsymbol{\mathit{u}}} -\providecommand{\vLvl}{\boldsymbol{\mathit{v}}} -\providecommand{\wLvl}{\boldsymbol{\mathit{w}}} -\providecommand{\xLvl}{\boldsymbol{\mathit{x}}} -\providecommand{\yLvl}{\boldsymbol{\mathit{y}}} -\providecommand{\zLvl}{\boldsymbol{\mathit{z}}} - -\providecommand{\ALvl}{\boldsymbol{\mathit{A}}} -\providecommand{\BLvl}{\boldsymbol{\mathit{B}}} -\providecommand{\CLvl}{\boldsymbol{\mathit{C}}} -\providecommand{\DLvl}{\boldsymbol{\mathit{D}}} -\providecommand{\ELvl}{\boldsymbol{\mathit{E}}} -\providecommand{\FLvl}{\boldsymbol{\mathit{F}}} -\providecommand{\GLvl}{\boldsymbol{\mathit{G}}} -\providecommand{\HLvl}{\boldsymbol{\mathit{H}}} -\providecommand{\ILvl}{\boldsymbol{\mathit{I}}} -\providecommand{\JLvl}{\boldsymbol{\mathit{J}}} -\providecommand{\KLvl}{\boldsymbol{\mathit{K}}} -\providecommand{\LLvl}{\boldsymbol{\mathit{L}}} -\providecommand{\MLvl}{\boldsymbol{\mathit{M}}} -\providecommand{\NLvl}{\boldsymbol{\mathit{N}}} -\providecommand{\OLvl}{\boldsymbol{\mathit{O}}} -\providecommand{\PLvl}{\boldsymbol{\mathit{P}}} -\providecommand{\QLvl}{\boldsymbol{\mathit{Q}}} -\providecommand{\RLvl}{\boldsymbol{\mathit{R}}} -\providecommand{\SLvl}{\boldsymbol{\mathit{S}}} -\providecommand{\TLvl}{\boldsymbol{\mathit{T}}} -\providecommand{\ULvl}{\boldsymbol{\mathit{U}}} -\providecommand{\VLvl}{\boldsymbol{\mathit{V}}} -\providecommand{\WLvl}{\boldsymbol{\mathit{W}}} -\providecommand{\XLvl}{\boldsymbol{\mathit{X}}} -\providecommand{\YLvl}{\boldsymbol{\mathit{Y}}} -\providecommand{\ZLvl}{\boldsymbol{\mathit{Z}}} - -%% Ratios to permanent income are normal face -\providecommand{\aNrm}{a} -\providecommand{\bNrm}{b} -\providecommand{\cNrm}{c} -\providecommand{\dNrm}{d} -\providecommand{\eNrm}{e} -\providecommand{\fNrm}{f} -\providecommand{\hNrm}{h} -\providecommand{\iNrm}{i} -\providecommand{\jNrm}{j} -\providecommand{\kNrm}{k} -\providecommand{\mNrm}{m} -\providecommand{\pNrm}{p} -\providecommand{\sNrm}{s} -\providecommand{\vNrm}{v} -\providecommand{\yNrm}{y} -\providecommand{\zNrm}{z} - -\providecommand{\ANrm}{A} -\providecommand{\BNrm}{B} -\providecommand{\CNrm}{C} -\providecommand{\DNrm}{D} -\providecommand{\ENrm}{E} -\providecommand{\FNrm}{F} -\providecommand{\HNrm}{H} -\providecommand{\INrm}{I} -\providecommand{\JNrm}{J} -\providecommand{\KNrm}{K} -\providecommand{\MNrm}{M} -\providecommand{\PNrm}{P} -\providecommand{\SNrm}{S} -\providecommand{\VNrm}{V} -\providecommand{\YNrm}{Y} -\providecommand{\ZNrm}{Z} - -%% Individual-level (idosyncratic) variables -\providecommand{\permShkInd}{\psi} % (purely) permanent -\providecommand{\permShk}{\permShkInd} % unspecified (but only one) shock -\providecommand{\PermShk}{\PermShkAgg} % unspecified (but only one) shock -\providecommand{\tranShkInd}{\xi} % (purely) transitory -\providecommand{\permShkIndMin}{\Min{\permShkInd}} -\providecommand{\permShkIndMax}{\Max{\permShkInd}} -\providecommand{\prstShkInd}{\phi} % persistent not permanent -\providecommand{\prstShkAgg}{\Phi} % persistent not permanent -\providecommand{\prstShk}{\phi} % unspecified (unique) -\providecommand{\prstShkIndMin}{\Min{\prstShkInd}} % persistent not permanent -\providecommand{\prstShkIndMax}{\Max{\prstShkInd}} % persistent not permanent -\providecommand{\tranShkMin}{\Min{\xi}} -\providecommand{\tranShkMax}{\Max{\xi}} - -%% Transitory shock for employed individuals -\providecommand{\tranShkEmp}{\theta} % ind -\providecommand{\TranShkEmp}{\Theta} % agg -\providecommand{\tranShkEmpMin}{\Min{\tranShkEmp}} -\providecommand{\tranShkEmpMax}{\Max{\tranShkEmp}} -\providecommand{\IncUnemp}{\mu} % Income in unemployment -\providecommand{\tranShkEmpMin}{\Min{\tranShkEmp}} -\providecommand{\tranShkEmpMax}{\Max{\tranShkEmp}} - -%% Agg variables (also affect individuals) -\providecommand{\TranShkAgg}{\Theta} % -\providecommand{\PermShkAgg}{\Psi} % - -%% Shock std and var -\providecommand{\std}{\sigma} -\providecommand{\tranShkIndStd}{\std_{\tranShkInd}} % -\providecommand{\tranShkIndVar}{\std^{2}_{\tranShkInd}} % -\providecommand{\TranShkAggStd}{\std_{\TranShkAgg}} % -\providecommand{\TranShkAggVar}{\std^{2}_{\TranShkAgg}} % - -%% Combo variables (combining Ind and Agg) -\providecommand{\PermShkAll}{\mathbf{\Psi}} -\providecommand{\PermShkAllStd}{\std_{\PermShkAll}} -\providecommand{\PermShkAllVar}{\std^{2}_{\PermShkAll}} - -\providecommand{\PermLvlAgg}{\boldsymbol{\mathit{P}}} % -\providecommand{\permLvlInd}{\boldsymbol{\mathit{p}}} % -\providecommand{\permLvl}{\permLvlInd} % -\providecommand{\PermLvl}{\PermLvlAgg} % -\providecommand{\PermLvlAll}{\mathfrak{P}} - -\providecommand{\tranShkAll}{\pmb{\xi}} -\providecommand{\TranShkAll}{\pmb{\Xi}} % doesn't make sense ; \tranShkAll already includes -\providecommand{\tranShkAllStd}{\std_{\tranShkAll}} -\providecommand{\tranShkAllVar}{\std^{2}_{\tranShkAll}} - -%% MPC min and max values -\providecommand{\MPCmin}{\Min{\MPC}} -\providecommand{\MPCmax}{\Max{\MPC}} -\providecommand{\MPCmaxmax}{\Max{\Max{\MPC}}} -\providecommand{\MPCmaxmin}{\Max{\Min{\MPC}}} -\providecommand{\MPCminmin}{\Min{\Min{\MPC}}} - -%% Growth factors -\providecommand{\PermGroFacAgg}{\mathscr{G}} -\providecommand{\permGroFacInd}{\mathit{G}} -\providecommand{\PermGroFac}{\mathcal{G}} -\providecommand{\PermGroFacRnd}{\Rnd{\PermGroFac}} % normalization including shock -\providecommand{\PermGroFacAdj}{\Min{\PermGroFac}} -\providecommand{\PermGroFacuAdj}{\Min{\Min{\PermGroFac}}} -\providecommand{\PermGroRte}{g} - -%% Other factors and rates -%%% probability of remaining \Alive is 1 - prob of dying -\providecommand{\Alive}{\mathcal{L}}\renewcommand{\Alive}{\mathcal{L}} -\providecommand{\diePrb}{\mathsf{d}} % Continuous time death rate (annual) -\providecommand{\DiePrb}{\mathsf{D}} % Discrete-time one-period death rate - -\providecommand{\DeprFac}{\daleth} -\providecommand{\deprRte}{\delta} % -\providecommand{\DiscFac}{\beta} -\providecommand{\DiscFacAlt}{\beth} -\providecommand{\DiscAlt}{}\renewcommand{\DiscAlt}{\beth} -\providecommand{\DiscAltuAdj}{\Min{\Min{\beth}}} -\providecommand{\DiscFacRaw}{\beta} -\providecommand{\DiscFacLiv}{\Min{\DiscFacRaw}} -\providecommand{\DiscRte}{\nu} % vartheta is too easily confused with theta -\providecommand{\discRte}{\nu} % - -\providecommand{\APFac}{\text{\pmb{\Thorn}}} % Former \Pat -\providecommand{\APFacDefn}{\hyperlink{APFacDefn}{\textrm{APF}}} -\providecommand{\APRte}{\text{\thorn}} % Former \Pat - -\providecommand{\GPFac}{\APFac/{\PermGroFac}} -\providecommand{\GPFacRaw}{\APFac/{\PermGroFac}} -\providecommand{\GPFacMod}{\APFac/{\PermGroFacAdj}} -\providecommand{\RPFac}{\APFac/{\Rfree}} - -\providecommand{\RPRte}{\text{\thorn}_{\rfree}} -\providecommand{\GPRte}{\text{\thorn}_{\PermGroRte}} -\providecommand{\APRte}{\text{\thorn}} - -\providecommand{\EPermShkInv}{\Ex[\permShk^{-1}]} % Formerly EpShkInv -\providecommand{\InvEPermShkInv}{\Min{\permShk}} % Formerly InvEpShkInv -\providecommand{\uInvEuPermShk}{\Min{\Min{\permShk}}} % Formerly {\uInvEpShkuInv} - -\providecommand{\RfreeEff}{\bar{\Rfree}} % Blanchard-adjusted interest rate - -\newcommand{\PopnGroFac}{\Xi} -\newcommand{\PopnGroRte}{\xi} -\newcommand{\PopnLvl}{\pmb{\mathrm{N}}} - -\providecommand{\LivPrb}{\Alive} -\providecommand{\livPrb}{\ell} - -\providecommand{\pNotZero}{(1-\pZero)} - -\providecommand{\CARA}{\alpha} -\providecommand{\CRRA}{\rho} -\providecommand{\MPC}{\kappa} -\providecommand{\MPCFunc}{\pmb{\kappa}} -\providecommand{\pZero}{q} - -\providecommand{\rfree}{\mathsf{r}} % The net return rate on the safe asset -\providecommand{\Rfree}{\mathsf{R}} % The return factor on the safe asset -\providecommand{\RSave}{\Min{\Rfree}} -\providecommand{\rsave}{\Min{\rfree}} -\providecommand{\RBoro}{\bar{\Rfree}} -\providecommand{\rboro}{\bar{\rfree}} - -\providecommand{\Risky}{\mathbf{R}} % The return factor on the risky asset -\providecommand{\risky}{\mathbf{r}} % The arithmetic return rate E[\Risky] - 1 -\providecommand{\riskyELog}{\risky} % The arithmetic return rate \Risky - 1 -\providecommand{\riskyELev}{\boldsymbol{r}} % The geometric return rate \log \Risky -\providecommand{\riskyshare}{{\varsigma}} -\providecommand{\riskyvar}{\std^{2}_{\risky}} -\providecommand{\Rport}{\mathfrak{R}} % Portfolio -weighted return -\providecommand{\rport}{\mathfrak{r}} - -\providecommand{\uPPP}{{{\mathrm{u}^{\prime\prime\prime}}}} -\providecommand{\uPP}{{{\mathrm{u}^{\prime\prime}}}} -\providecommand{\uP}{{{\mathrm{u}^{\prime}}}} -\providecommand{\util}{u} - -\providecommand{\Kap}{K} -\providecommand{\kap}{k} - -\providecommand{\leiShare}{\zeta} % - -\providecommand{\MPSmin}{\pZero^{1/\CRRA} \RPFac} -\providecommand{\MPSmax}{\RPFac} - -\providecommand{\PDV}{{\mathbb{P}}} % -\providecommand{\Wage}{{\mathsf{W}}} -\providecommand{\wage}{{\mathsf{w}}} - -\providecommand{\TaxLev}{T} -\providecommand{\Tax}{} -\providecommand{\TaxFree}{{\cancel{\Tax}}} - -\providecommand{\Alt}{\grave} - -\providecommand{\urate}{{\mho}} -\providecommand{\erate}{{\cancel{\mho}}} -\providecommand{\unins}{{\zeta}} - -\providecommand{\Labor}{\mathrm{L}} -\providecommand{\labor}{\ell} - -\providecommand{\EEndMap}{{\mathsf{E}}} -\providecommand{\TMap}{\mathscr{T}} - -\providecommand{\CEndFunc}{{\mathfrak{C}}} -\providecommand{\cEndFunc}{{\mathfrak{c}}} - -\newcommand{\uFuncInv}{\rotatebox{180}{$\uFunc$}} -\newcommand{\muFuncInv}{{\rotatebox{180}{$\uFunc$}}} - -\newcommand{\HARKdocs}{\href{https://docs.econ-ark.org}{documentation}} -\newcommand{\HARKrepo}{\texttt{\href{https://github.com/econ-ark/HARK}{HARK}}} - -\providecommand{\Rnorm}{{\mathcal{R}}} % Normalized version of riskless return factor -\providecommand{\rnorm}{{\mathit{r}}} % Normalized version of riskless rate of return - -\providecommand{\EpremLog}{\varphi} % Not using regular \eprem because want to distinguish between \varphi = log E_{t}[\Phi_{t+1}] and \phi_{t} = E[\log \Phi_{t}] -\providecommand{\EPrem}{\pmb{\varphi}} % equity premium -\providecommand{\eprem}{\phi} % log equity premium - -\providecommand{\weight}{\omega} - -% oddities -\providecommand{\FDist}{{\mathcal{F}}} -\providecommand{\fDist}{{\mathcal{f}}} - -\providecommand{\aMin}{{\Min{\aNrm}}} - -\providecommand{\FDist}{}\renewcommand{\FDist}{\mathcal{F}} -\providecommand{\fDist}{}\renewcommand{\fDist}{\mathcal{f}} - -\providecommand{\Nrml}{}\renewcommand{\Nrml}{\mathcal{N}} - - -\newcommand{\TargetNrm}{\hat} % Target -\newcommand{\mTrgNrm}{\TargetNrm{\mNrm}} % m where E[m_{t+1}]=m_{t} - -% pulled in from econtexShortcuts - -\providecommand{\cFuncAbove}{} -\renewcommand{\cFuncAbove}{\Max{\cFunc}} -\providecommand{\cFuncBelow}{} -\renewcommand{\cFuncBelow}{\Min{\cFunc}} - -% Needed for cctwMoM - -\providecommand{\chiFunc}{\pmb{\chi}} -\providecommand{\Chi}{{\mathrm{X}}} % capital chi is sometimes useful, and not native to LaTeX - -% From NARK - -% Let's define what we use the different LaTeX fonts for. - -% Research: -% The (math) fonts that have a complete set of both upper and lower case characrers are: -% - \mathrm (default), \mathscr, \mathbb, \mathsf, \mathbf, \mathit, \mathcal, \mathfrak, \mathbb -% The following fonts do not have lowercase Greek letters -% - \mathcal, \mathfrak, \mathbb -% - use \mathcal, \mathfrak, \mathbb for 'oddities': things outside the defined scheme - -% Evolving ideas: -% - FOR GREEK CHARACTERS ONLY: Use upper and lower case for Factor vs Rate -\providecommand{\PopGroFac}{} -\renewcommand{\PopGroFac}{\Xi} - -\providecommand{\popGroRte}{} -\renewcommand{\popGroRte}{\xi} - -% There are two exceptions: -% - Roman G is a Growth factor and Roman g is the rate -% - Roman R is a Growth factor and Roman r is the rate - -\providecommand{\PtyGroFac}{} -\renewcommand{\PtyGroFac}{\mathscr{G}} - -\providecommand{\PtyGroRte}{} -\renewcommand{\PtyGroRte}{\mathscr{g}} - -\providecommand{\ptyGroFac}{} -\renewcommand{\ptyGroFac}{G} - -\providecommand{\ptyGroRte}{} -\renewcommand{\ptyGroRte}{g} - -% agg vs ind? upper vs lower conflicts with upper vs lower for factors and rates - -\providecommand{\Reals}{} -\renewcommand{\Reals}{\mathbb{R}} - -% ------------------ Operators ------------------ -% Map between function spaces, blackboard boldface - -\providecommand{\TMap}{} -\renewcommand{\TMap}{\mathbb{T}} % Bellman operator for normalized problem -\providecommand{\Ex}{{\mathbb{E}}} % Expectations operator -\providecommand{\Mean}{{\mathbb{M}}} % Mean operator -\providecommand{\cncl}{} % cancellation -\renewcommand\cncl[1]{{\cancel{#1}}} - - -% ------------------ Modifiers ------------------ - -\newcommand{\cnstr}[1]{\grave{#1}} %% Constrained -\providecommand{\avg}{\bar} -\providecommand{\Max}{\overline} -\providecommand{\Min}{\underline} -\providecommand{\Rnd}{\tilde} -\providecommand{\Opt}{}\renewcommand{\Opt}{\breve} -\providecommand{\Lvl}{\boldsymbol} - - -% ------------------ Theorems ------------------ -\newtheorem{assumption}{Assumption} -\newtheorem{claim}{Claim} -\newtheorem{proposition}{Proposition} -\newtheorem{corollary}{Corollary} -\newtheorem{fact}{Fact} -\newtheorem{remark}{Remark} - -% ------------------ Relative Time ------------------ -\providecommand{\nxt}{\texttt{next}} -\providecommand{\lst}{\texttt{last}} - -% Normalized return is special because G is normalizer -\providecommand{\RNrmByG}{\mathscr{R}} -\providecommand{\RNrmByGRnd}{\Rnd{\mathscr{R}}} - -% Functions -% - Functions are Roman not italicized -%% systematic -\providecommand{\aFunc}{\mathrm{a}} -\providecommand{\bFunc}{\mathrm{b}} -\providecommand{\cFunc}{\mathrm{c}} -\providecommand{\dFunc}{\mathrm{d}} -\providecommand{\eFunc}{\mathrm{e}} -\providecommand{\fFunc}{\mathrm{f}} -\providecommand{\gFunc}{\mathrm{g}} -\providecommand{\hFunc}{\mathrm{h}} -\providecommand{\iFunc}{\mathrm{i}} -\providecommand{\jFunc}{\mathrm{j}} -\providecommand{\kFunc}{\mathrm{k}} -\providecommand{\mFunc}{\mathrm{m}} -\providecommand{\nFunc}{\mathrm{n}} -\providecommand{\pFunc}{\mathrm{p}} -\providecommand{\sFunc}{\mathrm{s}} -\providecommand{\rFunc}{\mathrm{r}} -\providecommand{\uFunc}{\mathrm{u}} -\providecommand{\vFunc}{\mathrm{v}} -\providecommand{\wFunc}{\mathrm{w}} -\providecommand{\xFunc}{\mathrm{x}} -\providecommand{\yFunc}{\mathrm{y}} -\providecommand{\zFunc}{\mathrm{z}} - -\providecommand{\vFuncLvl}{\mathbf{v}} -% level idiosyncratic -\providecommand{\cFuncLvl}{} % in case already defined -\providecommand{\vFuncLvl}{} % -\renewcommand{\cFuncLvl}{\boldsymbol{\mathrm{c}}} % consumption function -\renewcommand{\vFuncLvl}{\boldsymbol{\mathrm{v}}} % value function - -\providecommand{\AFunc}{\mathrm{A}} -\providecommand{\BFunc}{\mathrm{B}} -\providecommand{\CFunc}{\mathrm{C}} -\providecommand{\DFunc}{\mathrm{D}} -\providecommand{\EFunc}{\mathrm{E}} -\providecommand{\FFunc}{\mathrm{F}} -\providecommand{\GFunc}{\mathrm{G}} -\providecommand{\HFunc}{\mathrm{H}} -\providecommand{\IFunc}{\mathrm{I}} -\providecommand{\JFunc}{\mathrm{J}} -\providecommand{\KFunc}{\mathrm{K}} -\providecommand{\LFunc}{\mathrm{L}} -\providecommand{\MFunc}{\mathrm{M}} -\providecommand{\NFunc}{\mathrm{N}} -\providecommand{\OFunc}{\mathrm{O}} -\providecommand{\PFunc}{\mathrm{P}} -\providecommand{\QFunc}{\mathrm{Q}} -\providecommand{\RFunc}{\mathrm{R}} -\providecommand{\SFunc}{\mathrm{S}} -\providecommand{\TFunc}{\mathrm{T}} -\providecommand{\UFunc}{\mathrm{U}} -\providecommand{\VFunc}{\mathrm{V}} -\providecommand{\WFunc}{\mathrm{W}} -\providecommand{\XFunc}{\mathrm{X}} -\providecommand{\YFunc}{\mathrm{Y}} -\providecommand{\ZFunc}{\mathrm{Z}} - -%% ad-hoc -\providecommand{\cov}{}\renewcommand{\cov}{\textup{cov}} - -% Variables - -\providecommand{\CDF}{\mathcal{F}} - -% urls -% - Home of Econ-ARK -\providecommand{\ARKurl}{\href{https://econ-ark.org}{Econ-ARK}} -\newcommand{\REMARK}{\href{https://github.com/econ-ark/REMARK}{REMARK}} - -% Add default link for html material at github llorracc -%\newcommand{\llorraccio}[1]{\href{https://llorracc.github.io/#1}{\texttt{#1}}} diff --git a/docs/NARK/@resources/texlive/texmf-local/tex/latex/llorracc-handouts.sty b/docs/NARK/@resources/texlive/texmf-local/tex/latex/llorracc-handouts.sty deleted file mode 100755 index 54ce6561e..000000000 --- a/docs/NARK/@resources/texlive/texmf-local/tex/latex/llorracc-handouts.sty +++ /dev/null @@ -1,54 +0,0 @@ -\providecommand{\SolvingMicroDSOPs}{\href{http://www.econ2.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}{SolvingMicroDSOPs}} - -\newcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Consumption/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutF}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1.pdf}{\texttt{#1}}} -\newcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList.pdf}{\texttt{MathFacts}}} -\newcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/#1}{\texttt{#1}}} -\newcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation.pdf}{\texttt{Aggregation}}} - - -% If doing a web version, renewcommands link to the html versions of handouts -\ifdvi -\renewcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/#1}{\texttt{#1}}} -\renewcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1}{\texttt{#1}}} -\renewcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1}{\texttt{#1}}} -\renewcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1}{\texttt{#1}}} -\renewcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/#1}{\texttt{#1}} -} -\fi -\renewcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{MathFacts}}} -\renewcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation/}{\texttt{Aggregation}}} - -% Generic starting text for MathFactsList generated file -\message{Including MathFactsList.defs} -\providecommand{\ELogNormMeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ArithmeticVSGeometric}{\ensuremath{\mathtt{[ArithmeticVSGeometric]}}}} -\providecommand{\CRRALim}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#CRRALim}{\ensuremath{\mathtt{[CRRALim]}}}} -\providecommand{\ELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNorm}{\ensuremath{\mathtt{[ELogNorm]}}}} -\providecommand{\ELogNormMeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormMeanOne}{\ensuremath{\mathtt{[ELogNormMeanOne]}}}} -\providecommand{\ELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormTimes}{\ensuremath{\mathtt{[ELogNormTimes]}}}} -\providecommand{\EulersTheorem}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#EulersTheorem}{\ensuremath{\mathtt{[EulersTheorem]}}}} -\providecommand{\ExpEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpEps}{\ensuremath{\mathtt{[ExpEps]}}}} -\providecommand{\ExpPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpPlus}{\ensuremath{\mathtt{[ExpPlus]}}}} -\providecommand{\FinSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSum}{\ensuremath{\mathtt{[FinSum]}}}} -\providecommand{\FinSumMult}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSumMult}{\ensuremath{\mathtt{[FinSumMult]}}}} -\providecommand{\InfSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSum}{\ensuremath{\mathtt{[InfSum]}}}} -\providecommand{\InfSumMult}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSumMult}{\ensuremath{\mathtt{[InfSumMult]}}}} -\providecommand{\LogELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNorm}{\ensuremath{\mathtt{[LogELogNorm]}}}} -\providecommand{\LogELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNormTimes}{\ensuremath{\mathtt{[LogELogNormTimes]}}}} -\providecommand{\LogEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogEps}{\ensuremath{\mathtt{[LogEps]}}}} -\providecommand{\LogMeanMPS}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogMeanMPS}{\ensuremath{\mathtt{[LogMeanMPS]}}}} -\providecommand{\MeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MeanOne}{\ensuremath{\mathtt{[MeanOne]}}}} -\providecommand{\MultPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MultPlus}{\ensuremath{\mathtt{[MultPlus]}}}} -\providecommand{\NormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#NormTimes}{\ensuremath{\mathtt{[NormTimes]}}}} -\providecommand{\OverPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#OverPlus}{\ensuremath{\mathtt{[OverPlus]}}}} -\providecommand{\SmallSmallZero}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SmallSmallZero}{\ensuremath{\mathtt{[SmallSmallZero]}}}} -\providecommand{\SumNormsIsNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SumNormsIsNorm}{\ensuremath{\mathtt{[SumNormsIsNorm]}}}} -\providecommand{\TaylorOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorOne}{\ensuremath{\mathtt{[TaylorOne]}}}} -\providecommand{\TaylorTwo}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorTwo}{\ensuremath{\mathtt{[TaylorTwo]}}}} -\RequirePackage{ifthen} diff --git a/docs/NARK/@resources/texlive/texmf-local/tex/latex/pdfsuppressruntime.sty b/docs/NARK/@resources/texlive/texmf-local/tex/latex/pdfsuppressruntime.sty deleted file mode 100755 index 7a3a716d9..000000000 --- a/docs/NARK/@resources/texlive/texmf-local/tex/latex/pdfsuppressruntime.sty +++ /dev/null @@ -1,15 +0,0 @@ -% -*- mode: LaTeX; TeX-PDF-mode: t; -*- -% Suppress info that varies from one run to the next even with identical input -% Allows useful diff of PDF docs for git etc -\usepackage{ifxetex} % method is different for xetex than pdflatex or tex4ht -\ifxetex - \special{pdf:trailerid [ - <00112233445566778899aabbccddeeff> - <00112233445566778899aabbccddeeff> - ] -} -\else - \pdfinfoomitdate=1 % No date - \pdftrailerid{} % No trailer ID - \pdfsuppressptexinfo=-1 % Suppress all texinfo -\fi diff --git a/docs/NARK/@resources/texlive/texmf-local/tex/latex/tex4ht/tex4ht_and_table_of_content_issues_fix.cfg b/docs/NARK/@resources/texlive/texmf-local/tex/latex/tex4ht/tex4ht_and_table_of_content_issues_fix.cfg deleted file mode 100755 index 58d5f04ac..000000000 --- a/docs/NARK/@resources/texlive/texmf-local/tex/latex/tex4ht/tex4ht_and_table_of_content_issues_fix.cfg +++ /dev/null @@ -1,27 +0,0 @@ -% -*-latex-*- - -\begin{document} -% https://12000.org/my_notes/faq/LATEX/htch4.htm -% https://tex.stackexchange.com/questions/44541/tex4ht-limit-toc - \ConfigureToc{section} - {\tocNesting{1}\HCode{
  • }}{ }{}{ } - \ConfigureToc{subsection} - {\tocNesting{2}\HCode{
  • }}{ }{}{ } - \ConfigureToc{subsubsection} - {\tocNesting{3}\HCode{
  • }}{ }{}{ } - \Configure{tableofcontents} - {} {\tocNesting{0}} {} {} {} - - \newcount\c - \def\tocNesting#1{% - \expandafter\ifx \csname level#1\endcsname\relax - \ifnum #1>0 \HCode{
      }\fi - \expandafter\def \csname level#1\endcsname{\HCode{
    }} - \fi - \c=#1 \advance\c by 1 - \loop - \csname level\the\c\endcsname - \expandafter\let \csname level\the\c\endcsname\relax - \advance\c by 1 - \ifnum \c<10 \repeat - } diff --git a/docs/NARK/@resources/texlive/texmf-local/web2c/.gitkeep b/docs/NARK/@resources/texlive/texmf-local/web2c/.gitkeep deleted file mode 100755 index e69de29bb..000000000 diff --git a/docs/NARK/LaTeX/NARK-Add.bib b/docs/NARK/LaTeX/NARK-Add.bib deleted file mode 100755 index e69de29bb..000000000 diff --git a/docs/NARK/LaTeX/NARK.bib b/docs/NARK/LaTeX/NARK.bib deleted file mode 100755 index e69de29bb..000000000 diff --git a/docs/NARK/LaTeX/NARK.dep b/docs/NARK/LaTeX/NARK.dep deleted file mode 100755 index 7b179d50c..000000000 --- a/docs/NARK/LaTeX/NARK.dep +++ /dev/null @@ -1,126 +0,0 @@ -\RequireVersions{ - *{application}{TeX} {1990/03/25 v3.x} - *{format} {LaTeX2e} {2020-02-02 v2.e} - *{file} {NARK.tex} {0000/00/00 v0.0} - *{file} {./econtexRoot.tex}{0000/00/00 v0.0} - *{file} {./Resources/econtexPaths.tex}{0000/00/00 v0.0} - *{class} {./Resources/texmf-local/tex/latex/econtex}{0000/00/00 v0.0} - *{package}{snapshot} {2002/03/05 v1.14} - *{package}{ifthen} {2014/09/29 v1.1c} - *{package}{changepage} {2009/10/20 v1.0c} - *{package}{setspace} {2011/12/19 v6.7a} - *{class} {scrartcl} {2020/01/24 v3.29} - *{package}{scrkbase} {2020/01/24 v3.29} - *{package}{scrbase} {2020/01/24 v3.29} - *{package}{keyval} {2014/10/28 v1.15} - *{package}{scrlfile} {2020/01/24 v3.29} - *{package}{tocbasic} {2020/01/24 v3.29} - *{file} {scrsize12pt.clo}{2020/01/24 v3.29} - *{package}{typearea} {2020/01/24 v3.29} - *{package}{fontenc} {0000/00/00 v0.0} - *{package}{babel} {2020/03/22 v3.42} - *{file} {english.ldf} {2017/06/06 v3.3r} - *{package}{calc} {2017/05/25 v4.3} - *{package}{cancel} {2013/04/12 v2.2} - *{package}{verbatim} {2019/11/10 v1.5r} - *{package}{amsmath} {2020/01/20 v2.17e} - *{package}{amstext} {2000/06/29 v2.01} - *{package}{amsgen} {1999/11/30 v2.0} - *{package}{amsbsy} {1999/11/29 v1.2d} - *{package}{amsopn} {2016/03/08 v2.02} - *{package}{amssymb} {2013/01/14 v3.01} - *{package}{amsfonts} {2013/01/14 v3.01} - *{package}{amsthm} {2017/10/31 v2.20.4} - *{package}{xpatch} {2020/03/25 v0.3a} - *{package}{expl3} {2020-03-06 v3} - *{file} {l3backend-pdfmode.def}{2020-03-12 v3} - *{package}{xparse} {2020-03-06 v3} - *{package}{etoolbox} {2019/09/21 v2.5h} - *{package}{threeparttable}{2003/06/13 v3.0} - *{package}{dcolumn} {2014/10/28 v1.06} - *{package}{array} {2019/08/31 v2.4l} - *{package}{multicol} {2019/12/09 v1.8y} - *{package}{multirow} {2019/05/31 v2.5} - *{package}{booktabs} {2020/01/12 v1.61803398} - *{package}{latexsym} {1998/08/17 v2.2e} - *{package}{afterpage} {2014/10/28 v1.08} - *{package}{enotez} {2020/01/16 v0.10b} - *{package}{l3keys2e} {2020-03-06 v2e} - *{package}{xtemplate} {2020-03-06 v3} - *{package}{translations}{2018/02/28 v1.8} - *{package}{pdftexcmds} {2019/11/24 v0.31} - *{package}{infwarerr} {2019/12/03 v1.5} - *{package}{iftex} {2020/03/06 v1.0d} - *{package}{ltxcmds} {2019/12/15 v1.24} - *{package}{moreverb} {2008/06/03 v2.3a} - *{package}{hhline} {2020/01/04 v2.04} - *{package}{tipa} {2002/08/08 v1.1} - *{package}{fontenc} {0000/00/00 v0.0} - *{file} {t3enc.def} {2001/12/31 v3} - *{file} {t1cmss.fd} {2019/12/16 v2.5j} - *{package}{xcolor} {2016/05/11 v2.12} - *{file} {color.cfg} {2016/01/02 v1.6} - *{file} {pdftex.def} {2018/01/08 v1.0l} - *{package}{accents} {2006/05/12 v1.4} - *{package}{appendix} {2020/02/08 v1.2c} - *{package}{eucal} {2009/06/22 v3.00} - *{package}{ulem} {2019/11/18 v0.0} - *{package}{bm} {2019/07/24 v1.2d} - *{package}{bbm} {1999/03/15 v1.2} - *{package}{url} {2013/09/16 v3.4} - *{package}{optional} {2005/01/26 v2.2b;} - *{package}{natbib} {2010/09/13 v8.31b} - *{package}{footmisc} {2011/06/06 v5.5b} - *{package}{manyfoot} {2019/08/03 v1.11} - *{package}{nccfoots} {2005/02/03 v1.2} - *{package}{perpage} {2014/10/25 v2.0} - *{package}{./Resources/texmf-local/tex/latex/econtexSetup}{0000/00/00 v0.0} - *{package}{wasysym} {2020/01/19 v2.4} - *{package}{psibycus} {2004/10/18 v4.5} - *{file} {ibycus4.map} {0000/00/00 v0.0} - *{file} {Uibycus.fd} {2004/10/18 v4.5} - *{file} {iby4extr.tex}{0000/00/00 v0.0} - *{package}{ushort} {2001/06/13 v2.2} - *{package}{graphicx} {2019/11/30 v1.2a} - *{package}{graphics} {2019/11/30 v1.4a} - *{package}{trig} {2016/01/03 v1.10} - *{file} {graphics.cfg}{2016/06/04 v1.11} - *{package}{hyperref} {2020/01/14 v7.00d} - *{package}{kvsetkeys} {2019/12/15 v1.18} - *{package}{kvdefinekeys}{2019-12-19 v1.6} - *{package}{pdfescape} {2019/12/09 v1.15} - *{package}{hycolor} {2020-01-27 v1.10} - *{package}{letltxmacro} {2019/12/03 v1.6} - *{package}{auxhook} {2019-12-17 v1.6} - *{package}{kvoptions} {2019/11/29 v3.13} - *{file} {pd1enc.def} {2020/01/14 v7.00d} - *{package}{intcalc} {2019/12/15 v1.3} - *{package}{etexcmds} {2019/12/15 v1.7} - *{package}{bitset} {2019/12/09 v1.3} - *{package}{bigintcalc} {2019/12/15 v1.5} - *{package}{atbegshi} {2019/12/05 v1.19} - *{file} {hpdftex.def} {2020/01/14 v7.00d} - *{package}{atveryend} {2019-12-11 v1.11} - *{package}{rerunfilecheck}{2019/12/05 v1.9} - *{package}{uniquecounter}{2019/12/15 v1.4} - *{package}{./Resources/texmf-local/tex/latex/econtexShortcuts}{0000/00/00 v0.0} - *{file} {t3cmr.fd} {2001/12/31 v0.0} - *{file} {translations-basic-dictionary-english.trsl}{(english v0.0} - *{file} {supp-pdf.mkii}{0000/00/00 v0.0} - *{package}{epstopdf-base}{2020-01-24 v2.11} - *{file} {epstopdf-sys.cfg}{2010/07/13 v1.3} - *{package}{nameref} {2019/09/16 v2.46} - *{package}{refcount} {2019/12/15 v3.6} - *{package}{gettitlestring}{2019/12/15 v1.6} - *{file} {NARK.out} {0000/00/00 v0.0} - *{file} {NARK.out} {0000/00/00 v0.0} - *{package}{bookmark} {2019/12/03 v1.28} - *{file} {bkm-pdftex.def}{2019/12/03 v1.28} - *{file} {t1cmtt.fd} {2019/12/16 v2.5j} - *{file} {umsa.fd} {2013/01/14 v3.01} - *{file} {umsb.fd} {2013/01/14 v3.01} - *{file} {ulasy.fd} {1998/08/17 v2.2e} - *{file} {uwasy.fd} {2020/01/19 v2.4} - *{file} {ubbmss.fd} {1999/03/15 v1.2} - *{file} {NARK.bbl} {0000/00/00 v0.0} -} diff --git a/docs/NARK/LaTeX/NARK.pdf b/docs/NARK/LaTeX/NARK.pdf deleted file mode 100755 index 447f09d8caa1e5c8ce0fa0f92ad28c9382bf263a..0000000000000000000000000000000000000000 GIT binary patch literal 0 HcmV?d00001 literal 361302 zcma&NQ;;se)+E}t-M!n|ZQHhOn_t_uZQHhO+qP}&d+yAsmI6n4~Uqgezis zVf1*ZpcEA`ns^s*&zSw%kRZJtqUc0P|6OG1fUcsUdFM}g(o=2Lw70~oH8*DUNFJU>s;{l)Ep*u^+I6(8hlO_}bFUdI z71iRDMDT5-RG3hyStxZ`7%y|!QXuf}^9lp_T}-lXE64(k7;GO0HY|8XcJ;0q{w$dC zf^s1#BtdNzX+aC!0^iN9=%1ZQr! zI}HMD$?x_%Um+qlQ|6YYIKNz(8p1$lXbd^F%&`MX?yYLRaH7Q9FYlAl_ z2UvKx;*(Tb%J`!ywFS$C$Ih08LB+vzfpTTN9cb3l<=Ix=^8$!WQS2GQ*hKnfxEH{O9)n z1C5d6zY)jG&ip?{TuYLm{1749*xeTz?nMBC1!dJ3wz-kf^L$P=5$% z>K>^p#i`Pj%6q(9PeuJ&Z{0NM8rPoXMXkF>7-kw!kemy!$ZoaHX9d$8t}`E-5{8j} zb)tf`@o`&Pm)iNz!wngoZ3-Mi9ZoWpbb7QhF?W0_@ zsDmsTE-#`V7rVXInfyFz+RoMTJ8M4IM@7oJYI#ZB<{spd<}e5wR+_i1z5X!d_~c-Y zOyFUQV}&t$sejwvX|laQeeF-{|J_8U|I659;^6#0bMyZ_He)oUleXHCd%x7rF)AmA z$oespvsWu#$SX)8y{KxJ?J84A1WAUyqoEg>ll1d^fl*9ntL1_I2!NiSg_*T>?3rZc z?U|_GbZxQoch^0OtyHL)HgxdXT@uqa?v&EGS?aE3Z4I5KiP+mudZ&F`cTFXlInU@? z|Ge_I`F({FFi^8qN<4w2gEZMV6$Qw*pz>90?xMM*csu|2Slj>Fl}*IL%JFxvt%y}P ztEVP_(o{*E-dkEb8?~`_P@?e1fYy7A*70z1^bwpkbhLf*=9p|=hcMxGymWg^Wi4gb zZ8gHNA4&eaijm2-sYbk9yp~R09tYWe&wJt9i)FksXxV?&)Fw^f-%|lVom@cUB^1Zu zGeN@%gWz#E*0(1jM{=sTW&}*I=>fcX3lHQ+^*sTv40mOQ-lqlpe#zWhWfRO7Yt_^E z@^*37a`pkO%o8NO;|=_8puW75^9y{BTwMg81x|eT0rLE9sP)QzfkD(c*)%$May=ah zPLD5Ce74&~bV=fCt?N~ZzUjei&&3S+vSnsQI8`tb0B__HI5?TJsPyCEyg3eV=b5Be zVx$9PHrgca{44;*+P}<`6PjyX5=icKNG;p1ptA^Os@w=+`M2p*_T!~n*QupIxQk|i zIHNOperMP7q0Cij`#pc#7a`kjk_G|4W(%TqrzP!Vcb}Pg4?Fo8cS6w6o}C0s;!FnM zzFs>~7y;lU?&=-r>%R8-e~bPet{88WX>S4Y_l>XpJF{%OZ<(!szK5m%piDkFgYZi; zIv$(EEVxWXC9MQ37H}X?cyadQ^IUVZHU7QfZ};I?a=_AGkj?patsjH9enq6ge>^I6 zJ6?IqJyYQEUu84D2uwr7(}n3|6cQk?->(7m8E08;gaq36^UAmGX)kI`_`)U~W%Q?T z$neNcf$m4QOw}7A-k3KAcQ2w$38*)txrEAo$Vvnus}LdkGg~;a?HA$q3KFV6Me5} zHlX$E3(9q>nB1>BUiatP<5{90I1*=s0!zrSX#NGgMlk=X+mW|B->7$hkVMx?MSR84 ztDgpD0gzhiO>-)V<@ac>MH|jh&I*?-edmfwIXK?feHC1hVo*IuU$Wi|RUi+@$`CJE zYq*G!*>jp6znD%clt`v95t-xKaI;!hkj*XPcrwL|$fthUKg-2d)So!ynn?lX-&%Qd z5f`5w=M9*gJ()t0MTB`xrbtkt3m_l&5yr%2ZSHzzZu`8*Ubv=m(3PqQP7LMy}2ixsA=} z`WYnkE@);1+N8C4u_rN8qdqS68rG?)IUxKKh*ZC*#LWaF;H@XOf?X>5dBvnIdDMVc< zGy-*m0}c^kT<<5^!EZ`Owu-WVd*tRHWFBeA;ZbvJ!UxZ7&#w}_eD_=ND4J{WkWhIf zkr5Z%*-~^sFX>VbPy;~al-q}sTpyzqA?B}>2-AK@L7i>72ZotV#M=|xacA-EUtqo1emdmfn}Y91cy~Fe@|ab)%mRK!*1U zrGYs)qpO{B?JJY-86gF|&vZoOqEqHFY(?L9#@~kJ?b-MiTv$CkhCkewI6F)Gw z|0Oq0WV)5a0UtcqpXHIh4+N?iKd`evRn477G*TlWL1@6hGQ{Qdj71e7l=r8M@h-a9 z*^7JCiyz#?aTM2J&LLhKnSu=+XClW>vBaSpHE1}IM>wrIubT&wkQ0{P(b;8AI^_=9gx61iGcN?6Olv& zcZ1{;rnK`)EQwc{7a=b8TZ|+N;s!YrZ9v^Oe_bLl_qbrWd~}eE81dnHkbPdS>n>KN zZxvjfbs?z*+Iisd`Rvc2E}{b^rSYDLpN_=I=zKM|AsTHuHxTK~!+tr~4Yhn!)I4~+ z&v*7@fka;i{WSGlSR3@l<2cWcF0u}NfVJbX7@|$YZDQ~sB^kLFp^0tdLwH#u9@mOV zHWrg@i|E7SYDcc;bgy#43KQO*Wo8T1~ zgc8mG`%E+`fQ)>C^Ni^aZU5|6iNs(C+E?&}_IAK^X^Uib^Y3efBJ$Je@|V2ogk#>V zbzr>680m7!*1E1#*Ic&D5GDEvQBAz89DGi{vS!+Ev;KsED|hzYMP05-G}J*C$~80X zKHyh(FiuFTn5Y97m%G;=jl8k-HvFJnkv+m~ptw>eL$BYYh@%Rm^Gsf$T6w^`-7a>= zwmV_1X_i#-ZT;1r-u$YPa?|woD>zHm!TT6@l`ti9#Oru;u$Wtbi{e*evMO$8+4J}^ zO*Nnyr&PDJd`3?{cDuiVI^*pI-DE2j^>DwoirD5RA%k_Iv(f=4!u=wL0<94wXjt5n zXSNmAM?3;Jx^?SSQV_wBUz?19|h-MElLVW}zy`9&akh~}g z&7Ub9-DU})OMMT&q3}uw>~C&5#%WN%sW%&ytEWT4{~@`Na_?^I!J7lh|06_I3ND4PbEvSU`@C1&pD$Ay$s0eLT&zoLH{54d(I}Wu}lf( zU2GMDela)R(9(@ncK~XolfyQ%bZ6(J)(s&JQG^sv0+l2Xd*Z*lS3@DF^`gXKGvG!PD_sz7UKM zH>wg{Ew%^GxTOsSLc_4;V?Z{*j|Sy1I>54F&`q!1C?-`-4K}h4lqYP~5^Lw5#35@~ zQ;;qB=Z$}db9d$s6G7LWQ3gGTt8eHZ|C8c?A766u(2Vc9eb&;2fs=pznLX&7CjOJ% zRseEZnV#zO1f{5L|E=UTdyy%|Yn+p_z{d(VLmulgrA~>KSWP2Oq9yZ_5==tEZBL$-QX>Opq7`)b=4z&Y3@a zZKYRKa4AXQVY(|qtI;J<`+|KsbLwZm&R?hh#9Jww{+pY#F#fl|Vq#)u{GVDHHCozfS*;kpdHMrIJvgX4;5V0- zle|fCi%Stp)}I14GwBdRXn@7W}t&}?x)4!AwN@9iX#76hgt zn&_EHzr{N~s@m|;$;i-|2pCov;~A;OE*LV5DJcjgKmux86Vh+CRz;d@`ffJ8XfpC|}nK9+Q-ifA~TxaLbBZD)@7 zr}%L!QrA%D1n?AM_QFaP-48HiY)6q>`g1Yu(Z7&G(+~N$7h)zE@-Sish@Ss8sxO_(~pU!$Jd_ke@Wsx4LL**sOT<6^PC5kj1I&eaAH&jO}&;zu|QNrX}=8A2Wx2f+9G#XIIrEh5|#{@mQ zl0sq+P>h<1b;)ZDSo`E7P&alk_cf!pl6;U(eh)?vN=1g#S_N4mQJ={eC%bdqO(#Tq zM{fgv)q~s3BSjsW&fP6p&P$4PtM5wcHyNfaQRqjQOz!&@E+^{K_#TKrZT=(q+|Am0 zmb{OW$SJ&2xAiwmCDipsi5#$sET)?sTO5~nLqOa?HO{K#fe%^i!j?ni;Rxjv(?I3h z`z^j+bOeSKDH760!I8jsS(<#gu7Tx$tm#g_MBfVdYQEny-csT;BuW?Xgixx*s=k@? z%yduwxz$`8m!+k}(WlMj`dV|Ca>m_H2bT|SZ*W0yLm7*zmJl$R5^t}PTCWJ+f2}=^ zSIT7?{Pahw+##2UYVtD(Zy9=&R6fZtmR7?~-zoV^KjHVgW-aZQjx z(P`6p+`dT*Y4>fP)Rd!!$E>y?Vp|A`^1z$$gq8@+9P7i?O=AX;LZyQg=UvTU!--MP zj{yn!$(;L*`U{9r5;CCD%{=R0S_Y942dADTRt;@M9ete98UijtJ;;E8y73yC3?zZ797FV6^5Y7_g^=aJ zih`HZ*NabH7<_tP>BK4MMY2jsPsT!dXiG~fBXujJ&r@M8V`NbZV!50(_u-C?Qva%j z;pd%J8CBu8e{QfTHIhVSD4uy3@c8*hZSZvW|iG<^9MEsa-0@;US zb7$^;zaJAZWo?Fh<|c9FV5F0W6d^UZK(k!{%V z=lgG_ugF~r7+}LI5EyGnGUk#apI|YVe9K_Csg#qBPB;rG*)E2~Ra=|!Db1I(CX+ad z%ox*&;nE=d)JWlJ0sMKzK$nNoM-=G8EwvDE2mY;dJ-z_W+h5&~=6mU@FLg8SD*BWz z!?~m5g!oiSx#G{Mj|N>iNlkNVT{V@ud=SmWl+*LV+<4f0+=&>7cx1f-MHQqSwsPIS zQg|NlkySSEeSBg2?!5;Tmiu9=vhEx{fbkW4pM_3#<3|Z`o;~f(`7&#q9X=oSP1Ax} zUoWMaD6uulxD%Azj-%6;MzLdT_BcSKpd`x}V}rHFUu9E=Mm6n}vI0wIRdwsPb~bIw z##Jo<-dj%JE?PCNNH3Ay${w112y^>vS{HnFxZ}|>s9#uVGo>n^lU;_h?(EritCkRo z^R^Z_0*1{nK4|5;hB@SSMsSz-HbqPHLlobRAR!j~B9OPtpK-a~`hJ6%W_P5Ys1#h+ zhaWB)Kl<__>k`d^938x6Kj#&1E#i#BotDXA4(aQ=1NKA92Rpez$X`n+eK}gBUPN~4 z#yLXas;Pl2Z{(`d46MgtY}g%?Q8hJzZ(lKNy!P6b4AaQJp6cZB@rc*y(GU&h5IDlA zoC^mSIKnu$2yNedHeu|dx0cY?3EQe&q*J}qBuq{B*|#jqritq8lcoW+VM{lE$Gu)q zM}-%~(UBs^xl#p5fM#xxz8Rx0Q>1!s^bsaoz<&vTLFpOo+Jd%5H8S76UkytaEAfEl z>r!fM&aq|0K^M6vOGLxnmlf%psAzB5xEM5`AXUOo1rlZ1jU)nPf2cp;yadUC8n^9V zDFLmEWFvP}`BRl%80Vc9T@0t|Sruh*i1)nSbQ(>lb0SYU;HRHF61X&2&<-{?azZc> z(P&L=tnaQ$mv=_chBBk^g=Ma{fHT=f)g44U>cBv7;0ZfOs~GjVYIk1fg?oGHg6w#VDLdBsW` zL+C)lfnp`?q>LFGr7q>925Tn?M}IOcA)y2uzH9eB->wDO$Yjfn&4m%LOoO65dd_rP zvw`a&RlxJNBiRA=^s$T-WuZkXsggyBS=G);T_0os5Sajl_;DYi5P~>{CK4k_48ZaTZ zGE@J60#gC9WigN@jf#;3(;Z*0_-kBAIS4X1G~r7aS4IzYROe2@bShQ!*$EzB(#Ke% zMq5hH40E6#1*SC6kv_A2Ui{sLx9m8%Ot9Qch)EGp>7X3j8fJ>DEWJ%bDf^nH%bgmK zuO6TI6B`jhMKIVTJqf{m?f5WFUMHtGAHb6|y>r`iW)(dP^*c}YOZoR`Ih-_{e%LR+ z-yovtE$iiKqt9-fObzz^=}ZHOWNiai=P&08*I5%Q5e{m^y-;FA46yQzh?8Ha#cr2Z z+ic_uG(ShyJha{s+GAiZQj;X9$uQA#p3AGJnV+3)0Qr171VNmzbokj;W6c6lx8^s- zxj%9iBXUEy!9;qL<07o^IG?27xo<&H$IR9>yzXL08 zA(X>k4c@G2Xtg4N;(|`3ssxMzxpuS3KJOY$cI~Za2(k9Xg&si)1h!9yMNg0d(`CF1 zS)XWf6sq&N<0O?Rk(boV(s=(AtBsuWV;L@4`}=a*3R9i7^A-4QDbJqRiAeg% z=$G3pL0jAg(N|-Bu3m^cHPZnI1oe5rnPAF6UB|eic0N_3C|eFM7YvssKM}%s01*S+ zD29unt247ke3*iXmCCr|71B~gQokP^{8_Rz?y2w(mJt9@8)6Ep_ITtIl@o@4nwV8is3r^#hV z)ld9W@sF29t0$jB2wD8R=LFh>U&#Le&NwpV& z2rOMLe@%8}?C2j2+%sxQ5j0ffzI!H=sxn7X1XM{Z(i#(7w1Om$wpc+tWt9?bs=&&3 zScv4AEBH-wwmR10k^f(+`gb@(p#3B3SV{PO5GakDi0?-5GEFgmPe?7B2*9>dkV%wm zs23r{9{5 zM*~$AjE5GnyaabvKv~aeuzt1Vc7B} zrD_VRx2HT~i(@vHl^_bnWR_Y>hRf6(g+2Hw#UdC>cx|b_0RueLP2^J-&!RkOLAzX% zz-OlBIA4nQ*Qd3R;pg07(kDBB33!WZ-buF*qa=IJV+?0C1VI#`TWH{V7!zB^$w;XTo!ZeQKX^6!? z|K<6-M?Z6+o=}Etyvc34_H*@Ulsxil^^AMDKI7?_2u6%()j#PiW|CdGUCdS`pIn>k z-18(K!JxG&8vEk9jaeeP3YaZPbHGYLON1*&DTts>spHJ_6csD7Aq`vLmcd))Xw;d8 z6*`8&=$0yzQm%lRHS7X1N|ukB?Wu5m5ObLPr#o&g`^aC94Ae>e?~XBL3|c@0fCy#i z<&-`hM{#g;dTj&0l1^(+^#nm3ni@zT2rBt2{bPPahG$d|dUl0cWg6q=59oI603sj$ zQ6wYz(;%De$qV#6k98&jHiGI;3f^o@%|(o<_JdN?XlbG%QkeE2#h?-9Hbs%Fw(Tdw z`5SBB_#+qS$q!%e>yVhQybWx+lyriKMEKXupgQ6zQoYEg;=*0 zV-rz7y0YOOEV&FkEUNlC@L?16PJkZB@vZ#a&G9~1*@vP1ke}b^HQ~q0P()xo!f9B$ zOT7Q>&gK{Ht?ge?@Jx%maKFSxd|-lKJdE7hoNPZjmuN zP|lN-U{g z>OmKo&0U!ce81oQ5^SjsC?>?|Iyf0B z{8L!$@2acj(#BbgxSg0)%x72Ie^Rb41?k|NVVo+&T@;QfBo}L(H`o9BMc{HMXb&91 zhF}@(=3A030QA}uQ9uKCN8#Jg-L;_tE7PC<2~Sg=t+JqeT$u#~pFlnP3OSvg2sY;$ zDwWhAA&4k_eqAV-@>@NbK1QIZw3#-d=U)HJwX7n3WuRxWyXLIkb5$D}3SQMwfKyMq z)-aY-J6KeJ zPEIfJYagYT6|b~ucJ&eTGSpfO{;2ol<;in`#oDFw{u(Sr%OSqpW2j9yzWGr^!iE+r ze6MX!VE+tQx3MK}lK{D2}-~3nnZem0z+N2>@qrs(o%5V%L;c%QxD*7&=?B~|FAKCy7;S4;6tjvQk_ zEJ-X{j7CN*TQu@|xkNA79Gtc%4lT)y=i^$qMX^FzpflJW&8PSCWPwcXQ5;OFb>$T0 z&+!*mZGg46tK;*MHVL_e6g5zkof?a(&_GI33M;6>^qJCEb?#JVM4CBEc~HZ;)K91lNTNP;c>`7OFq$-5A4aLNl#mfA zzdoI`Vi9U_j^$*nY7{GKP~HBZzKGsLim5COwMQ($_!zt3l2EzX&922`(nLpvnL)rD zXUUbLX%bU+CtL9QFbJaGC^B4zA60{Ly5t&2%?X7@kkp(PNfwJn&|>r-g@){I2D5^$ z_cV|S8V{ng7k)V*R7WaFU*HojAwovFz)1M?vS#06U@`HHs2v-A@u>4xX`}JVS7KHj z_4iDV#)8oNm>V+=e?DNhwUit5bVPs$LfI^{T!arbT@ogM!Lchz!!c3PWA%oGbPRM` zkS3>!S4?T7oqjeu?Edixl5iQo#(f|4zpe#7E6VbJ<*=2Q40`l!+uW(i}w9fkL%tb0HfHT}jt-l~z@Vi6T0! z<75fB2P+n+7^E?2Iu}|gL2$d6g#Raf@85zW4=)LtQKA*Nv{hog_@{%*Jfc;Y(??Qr zq#{Ec_mxD?)c~90@tr|*cg3`$6{UTAYkfvL^=(ZD#1`$@i&ZR2DJ75MpOTE%XkdB> zeggr7Fyjkm?0DG0V4M*VuSx$n%E1QU0RUGBnKH4n=d3>)!i5Lupxym|NKXUs*FKjm zAKsdRVBTIJW)VR>VG>Z7Cpl~>^f4G0%)s4c=_}_|`zBRBM=A{zeJ%rb;|p%;@q#xg zHVqB7z+f1U2UV}Dhl5FONe3_N!^k}tA%t^cG9T(Nno<&45n%@}e1l1RCREBJ&oEkS zCGC8WNxI8l00MU4I}&gjs5c`=oVGBu)Mc{nB9762f>0dh3YG&NqGnE=kcVce4;+28 zHxJ3-OGtEq$fXck@2;hq*E+Q?(H)QBI-pYF!w)I_EN;;GRP&wC`B~81+6Eb^NMcmW z_b{-UIM5^ciM$IhHYJe2z^aOhyZSIRvQTgmiBgCaACPDXT#eoI1!^F0$c%;UZwK~4 zRRXK2|9O_H@d&Xb7!Ami(1+A#X;oZ zHXjE#H=*DeArbONxWm?HAve!pcgE1}s)x45cx~4O!&XfUauvAi7-;V0F?*Vs`Fyfq z)X1SO2RgLiE25GdE;xiZAM?gKa>%)WopbEE_T|C=hGRHD7X=)si+^A^kQ%t5!?{=7 zCD1=dy!Ug?ox*WxmYJ$<)|)*ur`*URDxxo{0uWUY9t0iwkf50Zf0n23N~Tz=Ks{=4 zdjo$sC)izuWY^@O@{F`|;@YTo>PpthTQ}Z|>?1I%_=xsuTEQQlp)}Ze9PnM%(d~nJ z#;(z32>VUPEPZY3oiqRk%vNiA{F7pQ??}x3Kn?883B(ZuLYSC~xfS<3v3=^uUH)GO z6rg&kcNI8dqn+ce8q06Fo6_AhIUnphMg4W(po?){no9_l*B+IYXNK{2UviOb_K-H( zX_b#vzo(9KgB^sj2E)*eEpNj(z*?$D*MM6GGuAoQ{EE+*^37TcNfzDB-91%tHY(V$ zK+oQE;ZQ^&PA^U7ueKkzyqQx8%9W;p?Z3s-!+)n+x|Y?J#XL3_bT5MYXQU~F%@o~? zkno_Z9c-qzo0u%6B`l&|VMX@lEDMaSY_i(RzlQ}Dj7qUg_EH0JVU@;7w^dhHgs2h$ zBasJk73q4FA?M&txPm+phV_I)`sKuV6D7Y)WV%#fo(F1*`8DSLowv<^aR{M%GjGL2sS=SK0bpLAuZNdOFgD+ zy=t5e&j|`RhuDUm3>H1CSKnZG%0~H&^fh1SyHOY&RqU=L`tn!07k@XmQQ5wLX51bR z#@y%?``+k3S*-SIu4eNZZs)XA+h!}E~!FF>*or3g_`$?R++9C z!NV4>D%wk6leqhKdY!kS{;t7)+O`q>b6aZX2Vuwd%HGUH43Jz-zzq}hyt?PT#)4|>7)9WWK6wyC*{$)zY) z5dVhnbT3vr=JV_?do{GqV}M*WjT(&2iRE|vP9gDwANI~F(hzMa-9T`GA6Dg74tVKzJ4_=PPb3C;83TZ*^|F)mo81AS6}=&;-i6&-@!4^>Nk7HXL;srRKlAM>WA< z!*2Cmwx!8wEb3(XN!ACR-2qv%2jEC@q(=W9ZQAdm-Kv@4MT$|dDAZ$=zL>ODw7Cw8 zf3Kzh<}j|H%T6BJ6^I%{1OM_6IA5`tslHJ^$EP6b*+kWMkoDeTyPztu-cgEbW|sEp zT48>*;#qA5aBhMks_d|A6*h`I4=4qv_4-`=>zZ3=;Z6}L6E=T-+lMFRgo;1Fxp>FG zGYUnXEFd+_1l-g~9#{N%`v+WMr?>dubeeo{;&FfXK-(HuHuebk^lMn zh4=#n#4Pjl5>Q~Azub96`p9$%QZKfm9YLGn0=A`ZiilPE;v4QMj>_`KeL|1!Vtxj~CfpC21@ zJ~AFakkE1R%q6wW{T?jEr-sH$So?%SM2CK~S4)1sd~Q6k%a8>Vl7Pw9+M^0#FT#aO z22zBmHy!Vs-(489{Q`b=p4e47gEB;fB=WUlKYMYAT?*qB)00V%Bq@}#)rIwf%K@a# zGUT)M*4#9}hXP=`up^akb#8a4XD9q)sDX_5J(H_T#QL_6Cm_2DqbuiIAKqQNXqF!c zy`R@FEkkTX0rrvn0rt8Nz|a*lmWM}ZhWq`Nha@lt*90sST7f(;HO11xfc3L1ty z0o+!+?6{;=@5}Mc01Rf^RxxLD28*utvVQ8KxnM7dJ1iG~ANl|<5@{?FHvB;@PB8<4 z|5ud_!fNTD+t27wZ^OEJ9>Ldr!8NRm&@i^JOro)s0xyKdIqiU*xQFyP2m+74fxIe) ztA-}ds(Uewc`~=DyY9Xihz&=+0y--3Boo$!t|`&JqG8ov$|zt^2z#`1I7r`HmlM_A z++N8tB2DT@itzG)KXL8Q^F5yPF25RCe$s9ow#%Y1yV0z8B}+4n=S85v6YJ~!!f*&E zLX+VbIA92WG`|$&IpD)J`y-v1hy)s9x!DS^vFCyH*o(LjAfr{b4z5|Bsm48_;5_`F z1_?yafA$Qpo{ofRUbp^52Css}MW-XkA8D~^h;nI>$3S$^&lQ*9YrB=--}tBewXp#CCM{-+&1!Cnmd|R-CFu&~gpI z0$WcatUxfp?Q;gA92(gcjf5a@!2iz@4Ph_pGY+{YjHzx3H{%M zp&~;gi)Eb~3gWf_ojVvgsPK~+%fKZpN+`6F`Z1zasM}5nO#3?mz3rV4jxxjMKR8GG z$gl`D&76cfTm4AowNCXic~tVPy>+v?%2zx1I8G_MJLnsD;jN6!kRxAQ`C=t%XWClN~i!g+4+SXZ-9D(p=>9x<420|o~30-dOt>>W7PUQ~Mi= zgfrP%c(G)Lc$z6l`n9c2XB;LILtAlxVEZ$WN|@UM8yXsV6Is?_FaufJ%a}ZG19Nf* zs1?`74SO%2{dCW2IcIfDv2nnID{`SBl`p=(Kf?eOw?{z=D3ZQ$J(q0#s!r8h3@_7X4RA|c16cc{s=Gs~$IOt;! zorqcDNI5DYU&g=&{4AWI42yH_vF*(gc@_pIFO9|Q%)}VJZ|?EsKW;ZNzQV7v3yWVz zcSlCImfhXyMd#<8Yto#X5WZUB*aOPX^V|`1g4MIN0(^WOv=SwDwZpKfG(qSAvk2-jjpFD(XK%t<+b2=ZdK*9t zAJhtbypuNgbFWX!8Qn9DIQNbn8ukQV>z|hOBaue(sbiB5yeua6{P@P;x@}ceJCI>V zJ^(*#c`yQ5`s=dta`Aa4jb+{D^(TBjIgnYPu>qleIsiLj>S`FuLChJ7WXIWV-z2%R zf&Wc*V9DdFwZiJ_mqKPiLf9Uhrr0);t$CE?>P6_r8BU<81_WeMsfuGC4aUL*D659w zl0a1WZ`SI7Y#X&{w`T5DCrAwa{zLX^^Ae7}gj*f*(8lEpG2`_8eG>Dyu&KV&;lmD|zoO0->^ zs2UT=($a@~#6PLRrjbVeXn{bMQAC`vlXpSGs?O<}IGb!)@6SPi@;?Lg3#tr=(Y#CP z%Tc3Ra3xxONAzGsFd13uiKXlaHbZn{dI)KgWP#;5WDoroYLCofaXJ&(p*U?4~kkl+g^au&VN-LhKnE2Nd#a{civ=D~CK7=c+zZv~ARuZzd=M5xUk!Xh3wSM=d;`8=OZWiGw6=tcn*7W&sd*bjCzM zNI{d^t=|U?b}YGlqZe%U{AKb~FZS9lxF#u%ZxM(aTS`ZGP+wKSHHXeTOG&)=rY@?$ zgT}bg`le@LJ|ax@z%U2pEW`~YcL>LgyLqGaZ;Jm=0nN_vM}-21!Sr}t&k|5)D=gYm zGwMJQcc|dzu>M$pj}Qe)h#Q?x2Sv1N_{melm`zn2Zj2t~{c~@LSCxjPl&gDb>x)g9 zs<2ZDgPFB;!lTbcmUPLezs%8;q*k~1!nIXRJt#&X5vm7XjkYdQFt>6&7rl4W7gsRI zy9II`if>li3rAoRk)TU^@#(dBDDqcYI@9h6-wpI~B>mk;2sg~KK1MOLiKh@hs9~o= z$X*gjHcY30{slCo0LK>~-Etr7;iD0_L zUHUQ~t)=pQxBRswZ6qHn0+i z6!A+Y;_%d4^>WGh97YD%toy(%%Fy0F(&a=+s3Ia=1W)~<9ampC%Nz7AANHLA23C8x z;A)09yYG-b5<~21P-94p*CYqB_nR4DNn^fIb_?_92A~1i@1VNCzerRVaT5*gk6}qI(g~_!&3|7Le{zDGE6BU`S9L51#yw1;js|5G>W*J{$=E z+$}tJQ}p@odK%D7O*_zlYj=qu=ZqOj$?liUD?u@paxRbtdAALaRLxLY6%}B~4`ZrV zKcw^cg-J0&)@v7V$FIJuPU<n z%h&zYN?Pj=f&fc>3#M7hE+G z7nrYEvw|b8mOiWcu)dyoRLgSAnVx$`_L&d}Th3bP*tA$1OxD>(7vDAs_Jau9r2ymn zt11y>u#c(?q=G5^jSLAd{>sx-7+=ihd;T6(!-fA=g`6z^tqPf#7}@`)s<1|DD{+er z#V4=MV1-Ylve5vD6o{#UCmL_-DmiC*vq`SfMm>bYh_u#2(LDqEZp}Uji1L9rrhe$J z5+NAK8B3=;dw5PvP!2n$JK*Olupga!7#aT&un#4O()q zv2TTdV88j{S_#y47+KHVZQ|2~&)S1CF8UQ&j3N=8QT^1ZUf6ffh9vWGbQ| z`q^K?2E92b6nwC712$ArEVToO*7)vmYFO!sl!9&cRi$$uk2aI*e)i#wUH0=X;%T-= zj_6mcXv61&$v_W-<6gv6yPkvEr=1Um->wHc+R(!bEUo|i{8BIwiQq;JWuSNprVYI_ zJTNzg$~jWOHp;PzW-0d29A%#e51gCliyJcUd1dsDCK?!#xp#23Qu|g784*+Cml>XAn?Q=XpP!86 zP?5W#$b8j^J^&+4=T?rK^;T#L+^o{};LA>fm!1 z+qP}nww;M>+qP{_tcjibo43w+zdBXtsXFhEt7`Anzk1iMuI}Ay^_2ouT}l?&NB0vh zIe3^p=sJ6C6Rs7k#J4RRX;1ctFzMNSlYjPpKW;w&nn!>mgDQy;v|jPD``xv@^<B=*|3tIo(Zsv|x3t2md3x>KPBln?dp4DI z-niDl3w-BxO?lBgzZ zAd{z(Xok*JUxq_CKuIjm#uF1VXUGWUqlLG7JhS66{%4=uFYI|(K>Aq+vH`*iE?|N6yi@8dex$xcVMb|WV5jwmP^o8QTCQU z{40KOs>YH>KPAzkx+;q|ZsU<_*qWwXrFv;?r(FNc11!l)=Lz`f5pues6{9RX3&eMj zdI7+#;ly4zg981t;|!_!S0P9ndPClz?sREA zCoXGzqw&cGnO%7!*XK0T(eAi>o4s(&9Ojnafbo$q%OG!8()*ksR9kau&TIBh^N;lh z_WNxsn2Sx0n~HsiL`1NZqjy5sP4GuSmwTdkxi4NXZ0~H0kpu|GgKFZ%g#MJv+N0(l z11Se1S}3)4%~dI-taEmkjh7~eA6(VaO9h*gLbpa7 z^YRmW+{y)8?uVU9Ww@wKV?!eR5(5owglb2XoJubR1wp~U!rp^Hi7G<-{0Ny?YMZ`4 z=jsF;q4o2LfDR`jl+7oO>J%h&i=XyeOW$%XtCuY)iWF?&&dU9%{Ljx*4{O;%&0r(t zEb}!@sMr9Ft;v-<3)Uv&DGZ5avBwS%6xKXM$8L|To8MvG<&y*XUu1^ssrZU}He#wY z_qr`dX|lGeGYj~;tfj zJ-9vq(K@{MO~LnE0x1e0zN+kjI~*DjyZsouPXmJT@eCjQ--!=^k@^45d{{aEcj80* z|9%gjNuRLWVnhzR^@1fV3C=iR(y68T4aSL1SDAGbj76qkC|&!D!uK=o4`iG$g&|Eo zpJGrL|HN%sn6Lp7{CYZs+@^kHK4yl2kfmL!VL7Sz<%UgW%xM3~<6Ro4`fkH1pUXsw z$c@0lL(rE*Z(hW!oQQ_ilQs!@ZO5uvnWHYLIy;zzkV8DBrlUM)5L^Ma)I^D6bw-mS zmsKhMlqUD==*aa-Y~vV#f`cW2Gk!6=c=Ja-&lDs`@eIq9Vp)z$8ja;r z<&9QyZDaQCr0dEf(nC#g7#14j0LG!={(OBLoM*;n(z2w@1GdtyFejq*I^s7Se86g$ zz(t<`e*F*hwOIsHG>x0$m^MkBUfD0~!)}}fV*RXwoYVYc0W*ub_D1s6n7WwbKUC&$3+7{EOQ#FYe1 z_#IHkg5fg?VBp>hrWGWB#x7y+t@L?e5=x}X|DN1F+Y2~QrgaQ|FOY(6p= zRoT+c$Y(uyf&6ApqWWMe<^{Pn=tLTbfkFxRkwn9+l2|@4KSxq{nRNexd}_WkF{~Uz z{`XyL#WJFeRjy8zSL|HBm^5V@Z!V=sY3oMnn&g2iM+R%B!WQuKQ*K#)6TGajaPql8 zpCP*gn~7v15i?KvwxW7ZHHmLMGXD#-)0}POKi$&*AWHxM{m6! z{N?YY$KtB3H6HChseBU1P2m(Otdfv}JYyK3YrW&NsC?1DQ zgU!VG47_uwQO>!%)Z3exVc?%K+p-RWNlkgwK3{a3a-1eN$*Io#yZ7hn06eYcm*#(P zfb~DLotW4d|5ttSKXAZxp+Rn#@t*_g1k|4Azn0|%vUDfppd7> zik=kjVQ{!runyP7&?BW*%8D)hD0^#Sba`hbf3%kl> z<8QcT3i0gEj=mlscfOyKxLlyU&dPm4b52G}$3bljt%w9Z`auhyjpzMX3~hOV+v+iWGN2pHca!ME zgcRMlcZhwUz+2$ae>&9vpxFhm{%^_d|KL!W0n5zH>Wm8YAVz4ykZ8)G=)$!^^v1u4 z_dtdrB}q@6I6a-t!)dVb9M8Q$L^~dNeKDk>q?9`zbHK7O;5#05(F+kU;Eg(XbkVV~ zv0s5e^Ku|C?+yqAP76#U4hs|j?}7Y(xBOrG_4ob;_Qf551Br;gL5GO~UO|zG0uG@_ zrv+5uU9i-qk1r-L#vwsGOEqf#Z$Fv-j|i>e>0nCCAa7))>|zVcAV&;fWc;rf?d0r2 z%mLv1|A(p%`3WG33p%^B?FcwfKp?8uThLI4E2P}Hz z2Q4UCKW=-78G@uj-AIOs=krp~uq7r%3Vz)rhR6lM2*(cW7@JKOO8&@|<^ENTYBF!n zn)ckwD3_otsnPBJnVXl41@+*eLre(yh*wQiga$=JBO8=XiWMp=bXok9o|LH;L?tW0 z7sQW38Yl@IE`&Dd zW-~$_P?*P(E#H;FWuO*nR}SWmtKCFGY>u&-9GBQ414>aR$Qk~47iSB3leaZTiC_MZlpZWlv-4l z1O{a<`nWQhei^g9Y2tNy$B>gn(Pmn6lS}uv6t{1{5!t0}IzRfUi^AM5mQ4TDwWX7j z@96B+_6u-bIw_GHhR9{;Zoei8w&dZwf>2*v3ed;2+eVq38= z0j2>i;Qp$uslUvK9gbVmY5Z*ygTX-WLH?ItR#WfQ- zyLNt1@;~MXIA$o4@-B->PDF5AjY~q{?#B&>b@f@0>)X*tGK>U_ZpO0Bfpm`XaObm) zhm5m>S=GbgiO*Cjr-1%+g5c-asi4yl6k&ht_nkBrF>po>r?qt&FAmn3s9b2h5LQ$% zams*6BG$heqNg+HCMC^AQ9zL77`dt!&|k8SMQo|Z#S`>s#qt(H8zb&~ptCH^Ps=S1%vTc6~bTT-I0J9{ED8;uP{ZZ(j zO^gdy$hb`C7+mE-hhSkOo3P1861oxLX)C9THSLB1;x1hFK}m5?r_HS_lW zrhJ14y&t)ObmJS`t*a&iCyTfW@~6)Fm>!x~88hX+&%8*42o-*&jyyD7LZ@PN3ze@)fQgm~PEhZ2ZpZI-eti$i>ib%=p3MWPE>vgRN)&KWGyh7=m zS()fIX8gyp@Bqp+=I9HrVgIWttv@+g@=meIBD5k?EPupHfkbyi8>lKm9GTYb7&#c` zig(hdt{sufgdRFPUnoE!r+s=;lm7v_{!g3f0YT_ft<1Y{jl?9+t4#hGG55WA{{j*0 zyGBtxm{N!;B{J1Fqi8M0vke*VXIkNBpp@6(8hXpIvlQvyMc!-YN#iXd%!6oZb<&;4 zKO<#tE^dIHt{O}RccCrjp=f`Z6XkEQ1_V!_DWu-44_A)vo*KXJc**oH;Z6*{FF(Z{ z$2B3A77IISM9s#CqN7!3bHL&WS>34yk^bkTt7guecVtFAf3Z}R`uLYiM zg93Nu^_q{?i50;ww7I0bU$8stKi|)ut-8}9+X8~^#*djJ`&&fZMHT7ZL@GK@G1F;% zaI#D|JHNljw{H`6e8O)N-e6tJ1;ybCGSnAGu~#?tCFv-bw<|jPzL|UvY%uBD8X6)l zcHCfXw`x!cTgP-zcv!PKSB}u2<9~N{UHdKRd%v17x~#9E*7n@s6c@PWY#8J(WA8|X z8SrSg9y6v)wCHQ}`OZHZ7+mQT_P8}2TU*D02D|HQwQxPR@%FTA=Kdi;lYqo*u)m#+ z)nYyl{kY~^OggybdD~>Srl6Ff;?1aW5AEb~JAA#m8-^H*B^x{9Vs(zY^bIX0~?D7 z@53jDpcm9PoE*{7ma3{?A%EN=@#)Hun)KF*g zgW^eZ{RfQ%fSvvS$dUfnKw1DXfSH5kzcV5xVm4+b_W$1ft9k!>NzBf~#`!;e=8tuO zR7tU2qmKw_c9|5G97_oLw+JszW@Mb+pWmS@41qxOZz`(-9!1#4? z!Y0^Run z{lJbKoC>KjKq!HoPXljZIPaitWQP$G&5mh#yYIGfdaE9QH3=PHVp0t0Uj{BU>p+VN zD+bFVUX$(kJzIlC!;|V>~Lt!^;acI7c@Wpy3V4C)kg6egc9$ zpnIT!!~y@>!juo~76#Om&B(xGbQI|P#$X&J-sTz5;BYt>_*vl4d}$iRjSDpfmc9dO zEK4A;2O0MbSN(t`fc)yr0V09@nCIl*=#L>(=uZ(`pb*mphkYF@vIP!93X6DFbqUku z+3^F+faMAcImT&3=Omc7UjiN5>BlQC7q)^r6GVSH-uK2FMwDo0dk1V6iDI7{`kU&> zea6Z>BSuUUGye67)TcF{Dk&yn50ATjB7gd2$f!r5FR&F^f(8E08X==AI)V!Kt)HN_ z;vL%goaB4V9LXJ=R8&;7q{IZ|6&&OS(iQn_rGIz}@|zpx{kV5~U~dib2#lD1E#Tu9 z%HJt|BYpLHXncpE&Y>?~p!@zFCIAMaKS6;V1guTGFcMhdcOLfZyOH6RDEbksT7=;o z8cf9h>-)jXd4dreD)#;x`uihF6h2nvc4r0swdvkJXmS#pp2_G3X83L3zp&g!> zjtce_*cAtg{br81;P1q`00U3_u-2Y_`uH+V=+DvrAx`Ym-)DVpNS_G@?E(DR*-~Ci z`FIcd4lMn+O#$Lf`K!M9qki>KD7lLl_>Fl2!9Ix`>zPrHzn~o_bllsdG0u$WTLQlA z%Q-(8&Z&(R>Va{Voq-H3`5~?1U#HlKwHFc$9Md4@P_D1h^!{(M{yz{xMTQUm)6Z*i2j89@G)f& z<};2@LG|LIG*4glK)Ri-&-t)hR!8BpiD0+kdE#!0X2#XDB+bPwy~OqEDNxy%@QM{3 z|1(>;_Xf`2WI)mFwXH^X69awIHjdC(-sj!B^tbYg_H&&G&|uWAMP4H7q{c!0xcnID z>adILPEKl@9T?m%8<853XEhdWboKWPT=jh(GD|HRqygAgcF5VA_F%L?am1GwB|EIM zh24QohofRzi?E`qvxI`6It8u?uE%Ag$Z@qAcbLt%5+oxRB=jkiZ3ZuB5mQ1 zD^WT0L;lOzRlAT)6*aYn8PTJT57cmLj46fw9V%TWqn1EbW64J76UX0>Way`uXJsO+ z_N8<}&|6|kUDZUCLWuTUPr}wtA+of|DTG8p0+RFjc{xdbt_W3B&U(Zt6wZR-?P_&s zC8S*c-4zW|m?;mQwNOE3i{9?h<~Zcx?P;dA5v1Szi&|)6R>Ud)gh5C(c{h*wWN#4R z`pa;6#9B6yXq8bS$MtFF(ZYHXCw&UhmFI&I`tqt*<{0glfZnFlT;Kk&P4&NNiAX%z z12OZ|9WS_OfzB-oaKO`&R?kQs+}iU~v&u9f)5zF_U?=`U%;n^+xB63g@x^B1 zrTfp})mb^PB`5qzSNic^K1Imagm(pNW@dxhrnuRJZoN@|*1;?9;_}Kk3DH~63Kb&v zDJK2qH49%BB1_HJxei-ZbWxP1D|uSZh!rJA5Eed+tz2AgvPAda(co{o;!U&q35l6b zcwQ93l@qp9`J$Xww_63F(ko7oi;u})Y865jtcNrn1px%P+JLm&MPr|P=bs^E$46iP znS#Rp0I7uvpI1oE#v)Z^jX6>5xNhI1JMiR3Twkx%EX`J_nu=WB94PN#yK=Oy2*J(6 z_rSEAv=WdcUx*L*nSX0!_%cohk|5I@1!(+}TDv)U(@ zbV?h#w{XJVw^)p+dE&NGD=ty>_U4TWb7}BAbmc3pF)bH3G&H=3p*d(Z#utoqyM4xwO& z%s~On2#MbFH^%{Wam9BHT&Asyn7YUdUskUKr{V8J{mwC6@jgoh zLR1dqdRMa-$;-_Ssfg0T>_2vhe33sY;;r>oO8dHIzeIK_@&_>y&($~Sh$Q~D#;xJL zr2XRCxnG4Y^m%zU(*H2^*goxA_*soRFi4X7uXf9yN$rqEjR9%ZTy^*`d=Cj3>A0k0yxwo0C zCL<#vcc7Q`p4ST9!>c?j(k)ujW1DUGH_=jHjUxSwNi!REw=1fm~g?bK_sW3m0_>>6GX1P!wOBN0A&aQ$Yq>)!IaY<0*@A?ybbUu zbq0;Rqv1Pr88}U_TJe*r9Wpamc-ep!%FVLF0VUvl?t|I=b5y#PxhQrPt>{CIpqCBp z@ibZ~V>}g7xsNro-v3D9eN!wZ`m`%Alda$ai@@_>e`DuIoRf_61I26BebMVePjLH$ zULd$Kh=5*NrEcvFUBFd`XmrV!eSxGtX@ub!+k^{F-?z|$u;PVRDm|?)uv!O+=-)V+ z;C1ox_{cw0NhU{+{9_7;&s%}e>&#{on5li88~E=b8thADhgfsG?5L8XQr)|+je=z# zzxWgF@F`rCc9`qE@#rVeY@4t&OgGFJ9fnHq*u9(@$+5Ic*KLvE5HAa`mm^P6290k> z34<2(7-D|&Vy^w20}Pnz97$$Q#0a)Ix@}SGMB>b3>`x#|)pX&qV6jwv_lzj3?~%63 ztfFof**4r@Luj9Sb9LHj1bh0t=1$ft^0gcJC>4E;Uxj0EsNL%)A2buT5)efwE+aP=8h zjk!HiUe#9`e(1elC}V{(n;g?C@AMK^Grz-NC55;Sg*T{(CbxE@puO^4c zu~5&m(vC*+A4zBr|lxHxLLKUuRzi~QChLb?uMBSwG813W|tFM{+d z3Z>cYpii^BsM6A0X=`@OVUA5v&?T5zhswlYC|PF}UbRCBjak+{dd{#VR?4tc8fDsTi>k0wrGZuULQyqeasSiYO2^FgeY22J&|XbGd+ z>vGB^T5PC%!&u}faP_HldLu11+fP=fjsZT%XNoAdBp+eI9o zMMWc12WB^+1X-`h31*TFocBD8LF6HT5m`^zfzWkTrW2Dy{c^XoKV}H!2bh5Kdlqi1n^0!6K zMy+B>TUW2}BFgqGqmpjx&SHvdL@?#{G1Q@x94`VeLmN#DNLtNVa zy2#~$&CnWDt8MznWM#=MiytOr;}gU-F}7k4)^g>CS-*!NPqdfZi1cB3am~Oz+qglA z#Fu>Aylq#ryyAa%R=zAinuxF-KDzsTJO+mr_qcX{N)7I#k^a6`T1?HX|^iy13UAiXI4lR;Yl~=Xd68ewPbJPte}tv=_Y%tN zkxte_hOi~r?Voy1D;m1hR`?8{Pg=thAz7eCh0=O0vf?ppGt6E^t_}!IMV~H8L`?{O zSb+`wrTf#;LPHt)yQw7!@=VE11g|#$MvBvzGyrOj;#0$dHMm$530T5O*TUJ1g2yb= zLr5qI6amx^$sl8fSkJg}x2?yH4421diM^+Dj%uKf-a;WNh(WMW7#&Rj)Ni%wZWN#uazN3067*{uVHYsa5Czaz%F^~E5k1o7?oUkIyoFgB`)~rKCR81(9 zt9q$BYWN>|XQka(er0Tygj0pW`dgz9!Lr@*&wg=9%~CP}p#eKqO3^4~qm4-$-0WFn zmClTfY1GfwXoZ5&p942}cl_`80%_+{!by{v>{0bEVr$2HTD;>ElCuOnsWCbqJOv^>|mpv z{6uR?_2s}Ez4~8etZ;<7K+gZ9f)CrgHFK-4fszsp`^%_9aoBUA;F-c5L#)yp;@zs* zw3E+@%w}tz)SzR*>bJaY*a_#6jp+$r_OBszKS_&f?3B=n%!oz!!{4;Lf6kXhcPm2> zk8dINxaY2AP`*O4-OqdVslq<6ST@<%R9;K-CToq+;m11COe$JAiKynjZ!vP!E8$X7OGr^oQC|npf4mmO?GjlHMqSA5C*>Z0CsK zm-VmcG(5?+Nx4JoeANPnHWum}Siy;Ze?VWdF(JFDAqmU8rl!K%Iy&Y4{bipObtJq) zHTb3+^JkO)mTuL-W(xMm76P8!pQ2OK2^XMi>vYW-huD-WQz9174dPLclTCGR%v6}z z7WEp`j#2kA1gTa!Utm}6o$3m}+u@m%EhHdj-#SfgKD$9!J=$gsS=_@F%X1*p+Bgn# zNn!bXjEP`rv04kQv9-f)B?V>+tB9f^s(VlRy$^4Q`z@VB+YMc-d}~#-4>gHu@5CwI zDkEro6(CCIqJQAs;B7k7KR5eY>o>YSQ)%GwtBUCK1?-C11pdb{4LiDzZ z&En0vYcKw?K0FfA;F6l;_<_i>k*`#^`ptsDEI0^;cWrwBvW=~J?YP~mDHCCO^Y_|D zK4Q&p2}+mpLsKKXBf?oo+};}N0j}kZJYkECAQrYK9HGG@<>oampl11QdA?z&Y8LaE z`bc2LlOVZM=RJYQX!oZOqR4VcsIlo_syfkzfD~_iTNW1SFC=PAJRc*YOuW^nbbYlo zZe=zE`-n3BeT;c?j9(M{9;j(Np8ai!R>ID>=Td3dWSK4)=|S?)L9lWQEiFO|tB?ph zaQ<+5rPdvjVhLZf`X*0Bki3TRr$4MDLxedSmx=O1UOZzP!ndpj^~!28lbjE*{=&MS zx5{evBqYS@d9cq6yUEgKcEm(~Y2%sa#AKb0sAh4H_44tuTb-eXN!D`qm0baDt)&*a z(Fj?7@ciAHhvOWH8SQ=dV*qs=w&KC@tAko>2M+R?NOv(O*_L|h`A-fl&6r%3c4)oW zG12wf`tTBZbbABV3LE!wul(L(cC7VA(rL1XoD7i!w7byW2uP1x&6*o7{kDa&lTe|( zd*y2wL;!8acGcW`3*H2X8-J~S4{mG*zoyMBna0=mKu4olsngoWm$JM_b%nP4ZLCyU z*|GOaYc*u?68FD5b_z>9!S{2QD zpdYTSVw~)!b{t~w!b|;ZGDr1}ZRTq}&^(;(*(pu%?a(=y4d=X5j9mUXk%pn0_rU*W zNAMD-4Yf1qROz;reuvSa;SI)@?WHiOQg{%1@i}Sunj#lK&PnjR%70iKA-=S%7yhuH z%42Rpun|#R+PP0hKwVlaM>tBOs>D13RYfNHeFcB|Wmcm>%@3N=aQOhJLGX^`mK883Bk5-FDU#lIX4l^tvOcTX{7Tk=BHDDaK!c$G$xY6CM7;>0~F zCZ0o$5pW;$hX%$~-^V$#HfUvw)l%s)@M0}Z{fDi!IqP}+a!za01-zhCSX=`7+oHtg zhvxzFxpNDmFr~F8 zgXIe^7@cR5cWpXf-_vS~r5t3k{V3C-jP$;me{{puT=ngExnZNKA{{=1`P#KE?b9VO3PgVXp zjZa|fiH)PHqk|1!jgM_}B@0=84nj{X&Kv+c4{C7>&jR(S$|Nw*5Bn-_2@it~!pfX5 zvr-({d(#EG7Ucs zlzfqY)Q=Qc1;Vm1GBq|dvevtSYi5DT2&4%F6o%jj7ghZt=rH~u_zqN}#mspkEbB`3BvPVSpzbZazKX@lC}1T7i)zVl@N`Pq;OMgV#x zqmx~&gAbBV0CHw!GWxm(Wo6ge?@z}BH1(?+m>OCg#Wc9rgPMmk0rLR{?;jZK!$WXv za)b8pe0v}G{|L;)F@R@sg1`oo6*#_}U8A0nN+Y-HONQe_WgM=R5Cl z&uEBkDcK@=@z(_ur8Fm{#lT+klL5^YMTSQ)_66rA;q%Q6&A}L%8yrA5_V_)%>v(~%CKWkpT^1o{~-tx%v-_3=}L4jE^11CMMfgqLqIki*6vnG$<(QiQK zJ|N8>pneuG^%&T)1gs|k!wfpS+MNGC4J^M#|=tj>HdBrooBK7bi#XzOCn)%ai-)6!CtNW~3A-KNR?!B#wfXE;EkKZic z>Vq#}F@b47jDgSZ6h<&$Fzu}sExe5_aO;3Kdc|MT>!tqNdF=LwEy5LnAXM5YFQZ=MC-5imnz58QS}!2eaZyJm>U&p#UbddB9vy06RuBvT8A5x8-!TNPXq7`)*> z;TiAr8GH-4og4FC8Jql$KbFT#bDycr2XYO+RNDbVZ#%bv``&&p{uG~i4NOjrZT@*( z{ypKh%rExeYwY;QXRs_n8hZ7BLj;yOI2)kuub5k*KK2P{-^6?E=up2#0isz)0iWlo zIgXX-7>o_3$YVdVAHEOtkSJYynt0KDJZ_hfc-!kYXOU!xvXKbJn7cRq{=?qeXbJTB zY{AD?Y%Vfb;(fj!dq z2I4M`yM|x@wsou67M_&TE2Gn77I-9KNtuQC%KHvdY7Us8LeC#`SR9>mCiPk;IEH3- zFcci+1fG`Ap=NBo6G+upJ)k-h8~hT&GDEyEZ>wY~KHS=v!eZtPx9J6KV(xS(U1eM4 zOyfK=)Kay+-D4rDzowNdV_eQ~SeygkGCIDnS?I-NB3|f{rYC%AHNhd*sB#2(F7h{y zJ@oExZdrX_!@FRv37)VfrJ+u5_+2h9RY3qy*lC!;6ELM0-a>8%Jjut|wusw5>VHK3 zSl>Eb$c=fI4Z2$}`>Tl);lPa8UeNavU&nc!O|Xz4vW>{*j>LlJZeErs+v?VU9DK1| zMv&aYUG_m<$d~sicWgDH(1n3$%3QJgGGsGBosls@Ff!4rmm2#zEl)T|j>xd4CF1$X zV*i_~4+~pjVj@tK%HeDCl~OGAUw9o8Ew}aIkV&t4%ceX`c*$`o@fDl*%Ip#oGG?w1 z{R3*PRW)IpC$hKPwD@KgyfM_blgf(N)5-rGok8bFgDxLx14>D~1PM=KOUa$Opm1Sb z9GM7esdlPCl9kvCM~L6%Q3SrPhp+l&f@`-y(TH0p{KV2Bp_bj?{V=ou8Ro)dU)QiX zs)VZFyL(wfA-hN z&nMEeAQ;XU_6#IyW4faw3b8MiBa#DLGtV7QT!2$WKL5pXM#uCD+!8{IWInk=Q8ZCFM+)3ckIYokD((24 zLqDee-FAd0j|JwfXTPpwL1wxqSO_EEZ7Cy=B-{)2 z?zN=U`DI+)awZMdoJD;{?r`qc4f&k8$m}$%==|v+14JWL#k$GUonhviT)-zd z!yU*$zmbTHrs~b6W;RoF4>=yD2+$d|pPkYM*A)`DVHT_&6(!+*Kr1sC+#+wtn>O~gs+~^6!k4o$mlo_J>)F1c zuG$I<>i*MCM(6Zm=>5Xo^EZm)h=jg<(zppow{z{j5dUD2Z!t!Lc9Fnb$ZV*KH-4%k zlM@igZkiZG50KVi%NYc;7&HecpP8g9y?0Ns6j){*N+^I{c9k(5-HS~buKO%VGb%VA zGXs)X?>d6~LJB40_iQ@bjiu6xOUtL)NekIUU6q|1zc+4VIoj=#SV;-dw6Eap;8l36 zpK0B~ohtsgkJ!OsP7iefP**v>G{2SW(OQjHlRvARijfAG%V6$~KJVJ%;zp;`$&lK( ze4r*yM&pz8>-oz^V$vN&UjT{X@`@ioQUIsPn!fUCOolWVz)hO*$v!kOy?@`e^C(Ms|o$QCml8X-BD_~ zkmhEhCb3irr3BBa|64zL=6p^CsG^1mUjf^wxJT+@^imc ziCYs-oW&hwyraX&K>613o8psec<(x9)nMRKKa(jBW%29g;I8voEZ!FfXa68 z`18weyDEAQMd(yehdSAuq6F_>SBKk-E}sZb&nZ=9kOlFg*cBy=sA>E-_SH!VeB(cx z>IPZe6dz?VM~v@wY;rQB$$KUyCRcbl_NuMCMdQ{!)TDSKkK|}AtmlS+7i;+s5VE~D zvu{WhHH@dPhdAYUoaza}aa~Y4>(^s|Y+th4#JDSEdCyHGA?whBs3q9fYGd`Yj$dQS zEa+=WnH!%IMU)D3B!XJc>=>1W*7#24RM7sNXgmbdg5O7tw-u?4u*viLtqBFcY5ihN ztuFoM*M%$(nR~ZtWP7MM=1faoLvfabX42XbtX^?;ew@Ncey6KlP?wrcVVEnqrcn+X z&(^39fv|*W6W;1CKi-e_JjX)=V0cSMn%0ov-czP!y&;V;YI{%t)|}=SEaqQ}lueQOpp_3k-EG9YTZsh(7_U6tjjo6^-`H!K4~q zafTvTHNJ3@LM_(?k1d`0bOR5b&%tiv2+=pV$n=ps1F3v3ln>SWx^9d&j3m~uM~Ewp z;^`32rm7G1R1#+|k=6``-wqj&j)xbwVl!1($mgP%IUnDzVqv_ai|gf9?AWsI77Hl6 z9QqqoecnzqVV1A7+Wombf_zy?rYeIeei1Yd)@k4inMcU;p)#9E)(U1%*eWw%c0?}53e<=_)K$O=AggGL7md$NVCdmOS!NW8ySzQ@+**dsMV+A8)vO0=Uxo@#dgU zoHMl~8XK2?`3r*lCJZnpeI{eqAxxlA$vfH%G6oXM6%dna}lA9<8PDG0Fm&e-p1X2jJWzPe`9q>i(%oRE0pSCH@xsQ?!5yEpYtVe|P~ z=V=`4&K}Ae3drF@cgk(O7%Z%U!0{oJXFuxv{19BqvhO256vlcJn z*hNa6pzhvu&juxsF@1ho`BydE1Vz66h-3`kNiXMiZf26T-uGcDyWVLhTAYZ2Ku}r06O{gUG>*efQWeqJ$z9lG zghCOoBeL2hZe9m#d-B88brM<{gdM`uZ$8 zCtn$Iz-nw!n;g2**E?k5^g{hB`4$S{XJ-*Tj2SWqb;=X?e0VeE9wcaHB^Zq47`IbY z0*jHPuaYWahe*TDWHhm+X4^z9b4JZmDl?R76SnjC`Zx$D$Eg1i|6DZ*AzOJVX3R*e zu38MS8Z5;B#ddMQ+HN%u0+JR@{3eu>02W3JUj3va=>&p6DR0x$=`v^CI9+ggPrMAw zyBNd7CiNJ(lXs_zg7w5W-RpM`{x%%9Wgyrc77tBH(Ust=I6UTfVFxGmXIsUYh5O!u z$IQVLKZOUoF$n!i-6OOSQ_}w=B0}f~^E@ziQjF1*qJdc|6e2kiy&2#r;Sfo004VrV z2kC(1xr_aFD&64ynPvgCzUJ-kM3f|+hT9YZk}6~2#70{5lu2&6b_0_hXEv9>#Ig!8 zKQ>tD6=4>D+k{=MZ#CJ*6bT-CRJ5*($ABcdBaTMp^XeIXqerS{)*NRs9?{oRoza`Y z4vMNZwJLE$o_lGz3LI8%-xT#T4k0m$m1HS-Ygat!j!u>-VY8NjGS`FYfXmST)htco z=DSW~-mJZNSZ3LEp&DAcN4nj~arWksk)oy_TtyTQ^zU@vLulD>nKw*UdCTVTwMeD7 zp1=V@?%g7eI#l(Y*)p-hQz$Ki{|rh|*RSD$IK48Uw#F>x+SY3B9r?!LX1&e^ zv&n})rSJ-|p?+FNQqP=fNVf-6Um}HspTaCK!n?C$Y+NqNgqKv1GB1H#yn@cw6D3Cv z-T_>>FwHgu71}|9{cKyg50^57zt${Ar@uTnqFLc9DxMaxTIMZ(ohJD4s?P?=Ob?TR zSU(?4^7hNTSS6qGAD6f$e3~FQDmJ$Sdr5vemfAr|Y-c6{Pd>B`7t`U6<9%pMc~wBj ziB`oDy}W|ptVS>7&wDs}HY!%~3bB4&41YR5cXBv_1Oz8P#ZK!#?;O+$Em@bu`;D+j z>#;zl64mHiyi-7vbi{ph04E^Ge&3l^$p&sMV)~d;in~t1C>USSC{Z#7-cu$mMtsxR z|H75OPEfq`lO z`=@2cuGRW}yBxB_2g1$Sg$Hw7m(Zp48Eul5TvK#u%d zJqih;`Hsh3=BWFm&3d|{$J@o7#qJe0%I%;_8DdggL|7=RQ7ZiVkHjl?o>iL&eC(Hi zwXtO}rxt1*KR#p)Itc&%Cn~AWtOmc^iK1KFqUZ;!bs+H%XZRH=W?#*%|4e%|1*Pu; ztp4zxQV$X4q zv&WQ+-cYKx)7t1FnFfqkchzAcK9XqdlSv>81xr#`Xu)Z{n*bv=h#)0aKs0k z7m+^evEh>iiQMN44y-5f_UFoM&n0JQ;IPb-aW~I-%`$&qtE>_D%d;N+)4S1MfC(un zR-eHlLEFGRiq!ljz6#w`2O_VmbYCc#!Tg7Iq3=NHB15=l3$^eq=deffE8++u21F3T zDbrsvg-=L_8IQ>EBvxga zY-XPR29+HapI*t5Rq~!_rOgG&>qu4ZLtz0cNMy|i(+^A)F}L%t;zQ_|-^oJgKv`pT z1%E`}7GM(GvVSL~6Cu#sXL~W+`|1{mj5)eIQ*MpZJ0|$Cu)9vHI_L@3HbJ(_1eb{nZ8urQUXHa3*V=(= zZ`}r|eBUOibMmQT4LOe)EG39?L%|VCH^ZVmmClbgR^bkWkGE^rDt~;7V4}$IDoE-cur|i{c_8KWch1Qx$ zu#%zt{PdPRIi_dXWbbcCxku3zK_g!M7-}1xi^>ZyQVAB@bsw1Q2`nFvSWPDs=r!jG z@3E<5_k9?eg(=l_PE;nW@O6C!Ty`JN`@Bz>fyTTeO2G0<)c8`83QqZfNx_){g=1*D zdF0hA$_Wi%&J)UvS++QQUTiw5E>_HN++r@dOnU79J`(5RY7Q`y#CNsI`kBKVoj!CK zt3UTSK}I@`4$i7B&%tWJ2kKP4u0$`#XH&a}cZvn)YKv2@>J)#Ww$eqL8zPD$Zf1GA zce$)blBMo3QH@9{K>!siB4wJ&jbDKo`0huWJ+JhV-Z`ML{cNQh+&Fc9c})9kN;R>T zRXmkAj-%U14)uy?waVC>OvfE&>0SG70=?~cWEMf#VpUEb(Sg_UqN2Tp6X8Zqn$DTf zpz0$W%713tV|H}iuGiHF4rH9$QUTs!w#itAnCSt{X7#q`RoWAK@lmHFxy^{$@eHXr zZ1EqZ@RF(t^2mj$V%t5i*`aS-S~a8h0_U*_{2g**)cf!}!-yVcX$0h%3wIB}m9LAq*@f@XOi_0!9 zm&K2BRiYA=frYPs^!RC8%#!U4Zq?tI^GW+J1Dr)65#9Iay$VQ0K54(XlJb)ecJZD> z(5^P;#=hK?Pm`OIg}H_FAt^&Kr>Lz#LlF=;!x(Z_PCkWgcdF}2d7E+h)B)OTE`+|L z$X{W+EuYNbY(ZE`Ni$~xs^;UG5Q{kIzZ1=va_!!gZSAz|2QYmuBh2T}J4xi2j-i6ubbpfgf% z3imU-*`74~0z2Rg`e2or0g=&iN+}rV^|?wMH|EK}klZ9X&BW!GN?yUEx@)tNzan?) zS*+BrC;3CDz^mPi7dXne?OmHp@>8p59Z^Ofpfym(Jymh!eT&aM{55XE3jSL_5;IsM zBti78p4-l)J&zOmEhT^x!%Hdw+}*$T*a^?q(XOv67Y+3B$}%+P6obW=>lm1tOOcHP z*KMAs3>`s*wdWsFPUte!F$d}@Z#g+pqk=QO4&L)h(sOZV$WoKW!n?MUb@60*=WZc% zgDs+Mxh#uCbIHfZJ(f42$$@6jUJ&(@VDOKjJJ=F*aT|JL!C*G&6XcBH#vE|@Il?OJ z##IMQ59PXSBU^EmOZz}LCO&>GakBfG*m5KNObv(W)0slvCd-=Nts$^{Y2KO5v(Z6p zaa(H8P#UF|M6=FYX6@@t%a|*BL3#_pq4qR~+CJI`w%d>yT8H8|zd}g(Pfq`^td2HU zVg>HThiu2qpUHj+$dSoRgUW$Z?SrGan~1>!pWNmz(R-1+5#uA|qyl=(CN8Z|oLO8L?aDeGY>)@LI6D(8WdoOLP=XcjA+9^3(#%L;|( zOmX0M?_bhS1)@?0Q<%*>8Y3tfWmsduqLAj)nq%<5NT9_~tp!MQC9&2St4;iJ1oSEy zV9jl%9Gcsk;dz_L@>2}=Dslt_G0D~7xEHhbq&{^ESb~&Yyr;E&fGDV*+*i*FZMTMi zJMxiJip`AWgY&+`T0WH};^<1ztAfWOZdO0UR;o)|>X#E8Raeu+UoH=3?!UmTeXeT% z;Flq!CbQsdr--Ibkwz=%sF#YD6ZKN3jn7E+GSmg&u(&lG9AY!oJLMP73`h|xkF+H> zmsD3$K1e7r^y|}P-vk_UkaOPjZ&}OXKERRi|)yr4$zTrR@nD z;Q2rU<*iR?GFWKt;-bFI4aRbRMS3NRzcI(=;J#F1B~_<+Pe7grA5yrOUA) ze?f3#U<;0fY1xDu{SMhaRIhd63W)#Sh+alIokW{|fUri77rFf9pJ)G=NL`oQ1jQo; zXFn#bkadO#9nWQ})>*xFa_@g_B7FPo^dT|G`+sb&Gn>m6VrRssMVzw_p55 zdtk6_$SP%v>l%hP*g@iB=ETSh^A_F-*th^&>MI7%raJuVD|grt%E+!F_tySZWO0|GgPchm!@otUf1^QMTp~^9@kAeq{NQfXS zX>gY=TLc4f=ii1*cRRce$SsdQq+RdZA}f20w77%NZF*lN&eaq?fnM|4s&fB0=?x z-#zJ-79&R<9*?a&o&UW6ELV!UWqHWapBAZydQ&35n^5e1LhOp{ZQ3d#3UIlw{S}LC z(q~&V&D&9t?cx;<+4u&9JxlC%)uF(BmLDff=SFj@RiCLQ&35FwnB#=eV3=ITH@^ZJIOF5#mmg^DGBV5LLDvBE-wou(6!R#zwbVI-v z+J@G`AHj@#Lpph3TpR8SwE0bv2M6y*?8j@t#5=|NQ{od_N|%E(eoG8pfSiet^=byQ zZ5;Owz^gpYbw&0G_?#z2$T)K%0XY3dwa|=n0(6IJX%;2>>NQ83*lJlRLhovcL3PeK zJ29@HEcHD;ZH8|&MGKTg70QOD+0kx!(__@&^frBl@8 z=1%cb;{nF)DW~#4QPz2YQOJeeu+0hpl0L@$g+j`fQS5L!RC%HOeyv#OxUK_dxwmp~ zjqXhz*rSqlAI`d)Eu|Zk{W?Q9V`ZVLpZkw68?McjEys5ZRi_Fxwks>}NgeFQD^a!7 z(dbF7UcA3VcugE7Ym1V|TJ*dPR8Zm5Xh& zM~RTLv`cSDqG^q zbc3L$C_~q`B+;_8_i5+2`th*)L^5JfqM<%^#K}UN+g48;%XH=yf&W1FfEb041&=0Q zT)1q3f#}ao%gG1revflIx`o!dmC03kXi~Ar#I{v~(o0k1>eYxomHf7UJq4eaSMxk^ zNFqY4trf>dA3A;zy%dvjr~Q8OA@r#O7hPKIR?l*bf*h(UvNe5;PK}j&a8W%pZ=m>X zYf#g-MQLwZ3gJD{qnOJLzYX{E4d>qZd?s+l-QqeMO3_z`JVK?SUvI51GWLr~4Dj7H zQ)>7^xREW)O5O4-No8GJnDx=zzHip zVsdVtKHB3J@{l6Qa{kgM!M+ng=a!dZejHVog>4=UZd6^I?8V%W^>owlUUwNUx8gF0 zJTf1R@Soc4Edlg>`t@A5#q5#Iw)IgZmdYL30`r`@-+|p^AXxx2Ek5`jYRL|JS1XJ1 z+b=-YvCtHff8xkXer2EkwU%~VkN0R(I2wFMJ3rm}NVZi3NdF4u_+Bn+Q4wC6Q{`%#S)4eP4NsL4g zWgXrg0PQ$yTt(5el>|!+R^vsjDHG$iTI0ME!qtAVx&qoQf+ZJPxEjI7E2>EA0!a6C z7=2W=2x?H?DWvI2Tj*_`*~SS4SYK9d_x`XN81g;Ab?hx?Gm{gOQ42r{Vxf3LyRK%D zNv&L@UEs>M=v{HVJ zN25f`%s;OVW!1E7hr>f^(5D^t;tH^w*JN|6z{awjf=#Efa}3=rP!#Z6cv6vX5t)rt11vLpQ{bBStUWF3aI=!8fyVbfI57RB8J%vec zjbbogF9XUVsiA#9N5WS=MYuxU`f$ynd&o!Eq0^Z)j;KR-Ef8SVUy525;>5@3v#^&O zlIfXl%M4G%GjR(oECawC0e}m(ZrP8Iz{JKp0gM(T11s6J@y-)-4aqFN=?XxOZ6Y!B zn>m>(;o>82D1m%pg7pG{=P6fNUH_$%dd5S-_7TVu)!qo+Ajvc=6xT6!Ecf3@Gnk&W zjej$f$QXqj2yfe?L`sL+AzB~pFEy50=azk=bh`iz6zw@U`=yEONqs6z+rU9GZYEL^ zOjE73*X&_dq8;{=OkBo$&EY{U78hDNvLi^$uGc$3Ug`)c%=^%o65fA?N5rRs2Jg>b ze%8~p;Ww?h_WX#v-p(a;Z_UMxS1ldM?9)d=J=g6vze-D_%vV{czVb5)kBAx@@1MC>Gnc}?3;P*c#l$z8>OuU z1LuMz`tJI$-+Oyi;k!2G*ar}5kbEoI_=yVyx7lr;7r}@BI@KiaJz;+XU^Q!y5kXdg zUNEx;3LEmqX@=#?PAAnYr_e-=FPA{8h`awpGWkl$IfZOB?j}7q zZimm}xbwNjp0kC0`&~S%V|Juqs=|h#jQ2Px3=SfBzmC%?;Tjj#3%qGkaRHJt*4=+xQg_FBOj+ji(*r`Vo#Yv;ixp*eb4u8^Z11ho zxBmF8jKBFy6Vm;ch&Sr01x?f73C1jq8^gET)$>nkkeqC$cN}e2^*-6ffch?nXKbqI=R=(<(e_>AYJtFRmWA z@HY~#%a!od>d0lG>l3TCldhZJNS_z4LeuP*sSF^W3Sr)wPCG3ds6)%z+PGZP89FGAm7*cX@l#~evG{Lcg!K)SDW=60&#z!BV@jMf+}cVx@~Guh$EWLbByB;xH8D$zK`@8lng7$pAJ2K`4PjNB#JA$T#) zuT&1=lQ(HB6E^!h0*qLJgYlv=i$tswL9c1(J|klcp%23@BC z^CZ%#N~#w7?#*IjS|v%A5EISg(Y5^i8|d92vzmDpY{+h3Ev9X3u}-2{^?A~Gl8G4@ zJ11BCZ8r8-yg!xt1GW+$G7XFoB&icGN-C$>D;zuv9({R13a-)8(9{vfxKN zDw$MnY$e59MvKEA zg^~wt6J!olEDQ*8e9PKLlr=7%WelqpHX)NrC5RHZcuITyAqN^N5ZwnAi{G7=b#jrn zA}HhJ%3k=3Ps2+2LRPJzRgT$iX9! zvGB8TxgY_j3Y9d`=gCE62Si{RD)5x@6Qj~hjDeOT;ZmM6%0+t56I&rmehO1J%|}(B zeI~wKoE9*h@k;l5EPWtK#r_!%3}=_xz5flBL?q<;k;K1rpxv-xpz;wAmQTRo#0_p zWwH@KkTjKv7=8hH^U#KKw=rJAJnQ#EjYr)vZz+2Z&95uYj7thT1+*Q+n02Upoly-+ z3?m*-(I6QoS&~%cMh~xtd;}JMn;I&7ll0b-1IH3JXU?b8s2N1RzKg16<$uNv>;$FW z2vhkdt)8}Z8Sagx2QY^4{9CWv=R;Q4D4E2NOsDn4rP`&fb7YdPkCs}OD?h8_yEz-9 zb%rSe@mkNnH!x*enRGoV@Ok@@OO7mKR z@)V&JjV8}(r`f(7Hz+Z56?{KQP-H(PtBBOoyew+r@~xY128w^`PabXta(N~@voFrB zveAF8d_+YpQ>d9P9t(`dX7f4g3DvyC*(K(Y3GtNb7#mo3rBn7hp3{4JJ|nlI1dR$2 z@ft3}+H~dYE%_uP^%)(9j(LsmwWiH-bUzJ@{*`URlgzGc))NP1Xq|S)%JY}#W4*z5 zlx6Vv0YU@EXkcsL8)DEliJkz3eF~gP`=p<9c7+%}qg##9$Z9sGh2=3?ZT+`>AQoO& z#F^osahhNX`5q>Q>li`d4W>}I?C=pCU@ulp6}A{t=Lp)G6$P#?Pp z+!0%m&7x0HEoSNHy%I?XFr<;uahV3f0Q*NF5XPo*5`hd`;~NnCP-N=b#!VE~Mqx%x zv4A8CnnE;3naT?w*eCmyh#MA||GkA-Ppue70r_k*vz}I}2L?~NV}LW@Y&t7$`Duzu zXepG?=T6;2D}ulYeo1nuol*h1!@GYB*@h0RhnDWv$te8RN_kj0vhJ`^hMs}+iH^AF zJFqKADJ-iB87lJb2D!!E4HhW11d!vzU8Riit2V)JKU}VjPXxXX zv#2e2*cI(Hi))STOvtz?gwp;J`6Z$NSj5FVC51k2!|Ws zBJ?^L*BZY!le$tq?!Xfv?@|V~Iv+O?94KG?-d7F$pT(#g4|0=8mUWboq&K8oqtA^6 zYKdkSfRBtWS}KDJ_xt3o45S*xWz^r4yIKF1Zyw5FRUl@@@|xKNg7oTYMHTx@T)mtV z9~$TwInPB0(XlpvExA+SqpH?Luoig!J}M#~4WZs3WrA$m=t5ZFt4Gx1pbPOu;Vgc{ zZ9@n@2DUwrXPk%OhziE{QPsYb`xwvd+GscQzp`3-w4&rURE9IfSOe0`MX^#5cN9;# z>;d3Sr}opVG33t$*2ybz#8JI!gA9u32Sq3E-iI4cW2ncE4IP7KlVH7%B4mL{DvuR} z4K)MOo*SMFigLFBE)1JuXwjEGTU^dG`s5p(vDr|dx!e?=e6uhQoG1$Ahnk#R(I2R> zEhHHEOmn_SYKDCRoLU%d1ahPDchKHG+}$Qwm6W}$b+V_fyk5BoIZUvRk4)&v$~2Y+;FsAo%$`%!-u0kp`Sygabb_kWtZ>-uFI_9P!*Qwphl0#x#$%6e1$9N z@X1bz#UVVBkz~6g0&`$9X{`5>%PUn)4&BmvkjJ}G46e*NrSn-&aeK?cjFQ;+jq~r{ zG9tzHz2&~Pn5@5KXA-0C>oEwuc1+~}{G-#8j(GMMZbUq_3%pe7q&eb`1oJKKD4(f0 zrd1XriJ4EFUzU#d0xipp=l2^9!8My2E>7}TcG%3ee24}NU^N8Z$b8@^e?4{N0u40Y z)kG!eo^ds87?3H-BQ6^ALMj;uD_!;eyXp7Se3?pE&R;Tv@KdHi+mo# zb`~(cIc)AcR29`_fFk(_f`8Sd_!4iqbSRX`5VDVslba=E2S(y?GHsv6dmgO>&6C>3 znJMj&{i5jylh3@MC(;a+NXYQ8@d%J9bNvJ~0Tg7=j<4dc>5|PlH z@nfAS>u*$FU#oW+0E#l45>bo1K~`MN%B9ka*}?H*cvuiN+w#rSt$v;3$&pnC4AwAL zk8ec<>Lc~5r+}y*CVpCRBJ4F)ou05e+@lG$MaadF6ZQ8-(6@cK4b^_zeYV&1!=)Ee za5vgWflMSy$Q+6qmUR>91b3$v3Y_1kL*cHMU4QG$QRQ2)l5h}dRZo;eqWFm+rIxT2{n0H z$&k5L`y)9!4uB4O?q?0-w$Z^W!fk3b#jqcA!1&z3_YR^dy5T@ai`A4Mu}hTF&b!2zUk`Gu8k5%tZe$|=peSf z4?e>*AaNpN4$6&L9^UsCPG2~8$3PV@EEDT(QaVl+vj|>+H_zHxTYnrVzU^`}(ON1O zU+WGc`Q5Cm`>81TMAR|TZSflXB*YOym?LOd&=3R=xWuHJ9B_(7b{3EdK&xU86R5mw zK%%ksXv|gUjIOlL+;$M}u;8k_-uvm73D$L`P0SWXC)0%ua7Qh8T>k`YzXYr1LfVKLFB0^=nD zO^8gdL_)a(&hGt3%vB`?vCZGXi9FB36g!1DamBGcr~zIEIsQffw(#sX_McG0W`zY5 z+S)=&U94|SdE*aYeh`np`i14w1ao2K&_u}fI?b$gg3H!<%B~5?&+5H}x z^b4?qHD!~9q8t5^EGzV@-XI$&vE?-HqkbEb*byMo%9O(kgA}`_s4n62pbC>25T~}XD6D+%V z#;-}0n!V7O2#`B|H^v=`rRS%qt}oAc4E?L=I(Sw+s$_!D`4Yo=Nj09kefBtZH$Uzw zyLOb7n6lGG_3}I|Hnv8c2H8TlkFe+(9S=6Y`QI~;Do4?v z^ovN${Q9fH#7Q9P8aQZBy};d#TdWdU3Q-QFUkC!%Wrela>UJ$+ z?LmOhU~ahJozaV?wdK6ZGCJEVyVYbD9f^VU1>eMd>39^U2B+w^{XziKzPqchmY`Dx zY`=iy!gv;BJkrvOH8nE+yyI^pgJ?k>B@d<^#?_q8ogym!M+nij)&eA5Ib)PJ_<;By zi;7I%eB%Lu>ZWLqqby9d3!~BKK*xHOSK5Pl;ZFj$W}Q^$!bVnN|C_bF=E{`Q9ct+| z29;$qwT5TqS~H(_e^BpI9>*Ny!5vvSe)GYCd@YxVg1TZ=L{h69^lYAg#U8;pqYgQq zmdxlzTL$9%vyf1=a63$8pqZ;_B{Q^$C9K%tG24uIT@rv}bO8={Rw5RVP+W@ll3vU> zGt7xKIuA8&=4eKvFQ&b+ne)xB+e}P;bG!Wo)N5b^ zVvL4)LQKWcwTna&5<5k$8^Q3lgq@Iq-1a4ce1mjkY-%E}%UKw#?e!DSYVmZfy^4RI zx9L%m2FSi{2y<(x^u4ZmJNU~A;^@D3Uwh#&IZ!!z?cL+%DI5wNDe0)R*0vE1N1YoB ziR~()L%2h&tq%k8oJl$?$Wj_kW^{@vzEI333HphzY<-&V!U+44@8d#_ZLLT#%0Mbi z!0xcFl@tKif!mkBlp{}^9f1_a2+pnvt(pQlI^11#pp0o zjNq(TjCP~0Yb=a*G%aSDH0#*N*Pmu^434xSJ|L#pH51u;=VU7pR~lP_8z(KE$jy@B zXl~slFRy30=>gRm6>GW5bfJMBryU}OKq|>pciM9HF=-yhipXBYHPVYHYQLwf6?}#x z(u0wpP6y-%(LuYHsM9WkPFblX8NI^Gkaz0$`LfaNL2Z|Kz3+DRKxZB(7)NyZQ3W>j zIb(vBg^=V?Q-qaCB$p1GD8DQ;*Kvz_&ao>6+9` z3-?|h(8uN?%TW&#ciu_yhxDKK=z>f^s+IWIwUt+Ox|>R+ z#Y6X$XBhKRzoZXYGc7AXD6r;%2RckpE45Gkr3xxy{j2~3!j&Il?4BG;yLtXj@p4{X zeL;~lAonQhy#WsJQk)n7GcU**_SAmo^Wyep)%Z$qCP70}MraLiNeh-WVbX+^@lu;w z24*x1dSQGqG%$D@TZ&yg11y_^G725ioSOvuTUj7JplJo$jsBJ=f12O5M~q7lRcZV_ z&m@Qjk``e~2wV-%2c`7FLaPLH;Z7>kEOu5MPKHv zj_~wMJwQ1R9|Ws-q?L+?Sb)}i(G?EdkKh2WOhxyF@(d)@6rW4#0?7Gl3za$;jh#v` z(Jlk;z*E%U-Sj=Yj6mxq6gMRJfYLHJLuWkK$PEe?t16Ga_~F0%O5(UFxnYmJs)S1$ zQgDSEaTUXX(^wRpbtF6)g6o5~OCFNze`0|nr6Ei?iEtRvA?n^kOHB>QD7?O5n;8c* z2r6En2GtUkd-qcNJ!e<{M#tpFlQ7^gijPg^Jq> z+F@y!vkTfd7ZTBD&v;pzzj660R40xShd0T}HShD=3$9SM1-iC;^!=ruBIZ$!rU;ke zRXT=@kw%_4y#SayDg0|SC_QO#uaheLkv6*Srd`D@K)ANgma)}2gkh*K^c7m5@ws|o zuIBWM5}sr4NK&G?Cim}ro6IMQm#;@=G8vr|;8PSkyZjdGAP~|=ZE!LK9HB)oN%gAr zSN8jr3R}gkwVVDH-x7KZetX{(dxRU6WJ5*Mvh!KOZ|O;&{2YqI;%;Zdj8_z{kIjo)BdQ_VT7Tn6jgv zN|QJ$3SCAM8OM}xi5-7uv%<@D^=WAHql5tnqzl_@)aQ!XI}CaPP&Wd6OZ48K27_rF z7M*X+|GEtx9H4pg(&bxJ5V<@eKy~Gxr6}TYyI_IC)d zxC11oT<$^|l?jv+LbIar#)v+K16?p++SD9tsF#;O7A(9~0Jb%+Q81>sfoZA>r+gw->a#rn|gdxt0>&er79AGJPBA5c5f3{)ah}d;Uei zoT0{+K^>i?*2Y$Rdt1NLbc!N{%3v?$w1V#CG-bW_P-UHx)ubVj5!3W|c){#w7A;Lo zvmHCTejGi$nU2v9$A}TyhteWl>H!(7!81+9VkTqXfw--aGYia!f5-GL6#$@VLhFU- zR5tG`I@tO(95QgV*+U1`pA$BxX}dBW$77C}rVPQoUb~7ETOfKoiaR=3wm)D2b1G*$ z!Z)a4DeEUu>#G~Ac?&yO@y|^gi<<{^3_e@}5o7iA zvwhs3A!<0f=n^UH`ZmpQqyN$x2PTy+Z{FS53;8B0d~_CIhX^tsv05(e zMW7_PyOJy{jDI1%ycw@@uj0t+k-s}hS)SXvL`RzOi`lTb?t2K$vglnLmDr)GiS6=# z`fbzoa$;H}H15UtJQ4?zQb33f#4HSnP3z)G_!7h?R(&lDTbWjzTc#%?ntPXYGq(TQ z&8qvWB~<{G3kOb&3?B63gukW@WtSHYG$dzI4G3b>@!ri~4&WY! zQoe>RrjvlhI;Kd%v;`yFdav$Q7KQcfU}5@(TzKmVdEH9Gzw6D{f^oWHcDGv?#tJbw ze^Q^$gfGFsN=t}SSh($tQw`Iewi9B^iODl~w`8)_ysBf`W101e?bExZXt*O?XpvkB zWS6kB>f@>!qdHM?8G=Fxo(GUgWl>HAd(=xWnxu(NiZJ8o|0MZTAFdy+Ho=omMruKC z_T+r?ueY^6a)Qpa@qQPNVX+NSesY+@ zE>sF^yRU?G=uyArtQ24GDl4Lp3zOHydaP3&#zFu+BE4-?47|rP4&_J51hT;U#T$9E zdbtkG{u+IMCAJQs(PkG`7y2pk7lK8KIzVmR!jRjGS!Eeet5)G1zwr|vhSn$ zeo66c+@sh7P`|^Lz6b+Mguqx3??5a=J#6NEmlK14q#8JY82h`rw?ueX5jE6AoJ;VJ zmEyiS)-xsbpzR4F9i0LPl;nLCAE>xH1&Hr8AJ9L$Rm|A?z^@X`oq|LC4d5n7#qKI-+lr$MAHhjwTb}v5j+QP3ibSx#wO^87tfz31aO)A1>g?m9;mZMLk5F5 z{|offw&;QKH>`!*??Xg%^at?j)cqBlpUd~>ebZzf%q%#jBKdoVNN1(K8#()~Z;vA(xm~tPoY6y`j09dQRB0Vl|G5 zyNARtS}f%)k{w*0fjk|S?o;MErA+jS)+sXK1dA|wql2;iv{+R87H@sk^|B$6=cwc| z)AMTBqgM3F$677l*w)faERYigv5WXobhKe!0I*`?&2X?FD$y4oYty%?hhfuiH>9mk0?EnYY_t=!8 zrLYKV^UHv{z%S;>71gxd2SsdyYq>vd;CXmodVFu$?_aIgtZcP^OOHye(rJhl8Qsd7A}dw0U$e)cew*aRi5*?!R)?}x&v2!Q2eUkuv?DoDq{!j z3b6{kiRTz2m%36{D9rpELDv1xdN@wWDRjJ|ZW-x1atTMdF?$5j$eGj+HB)g8xHFv0 zA#RUp8`)e0iQgyNRQm4JyoqS&J!PAO0oyo!1h?~936cIcIw55Xop0i;w8(HYCk|y+ ziKK=TH?;#Z!e_JreK^*b#%)<3PEhRS=*+x&vJ$xVu!K8p%#*XWSKoPY`E4nMDNjqLwv>&n zGkqcRn`dH&C$GBUT;hK)c1}&AL|vlnK5g5!ZQHhO+qUh~wr$(CZQGg?6Y zvX4u)MXVW%TKQU=v{t8?8~TP!flO%c@Iq~nqgC}|d?mg~1IO^hPQkbjBkvUkSi{o`&(uTC8*vjQT*WY5iBl~VyG zMYK8kJK=QPt#^Wt#QcMGq5AXHydvzR?>$U_(R^ZS$?%XJ6`Dj+9IxaNR0lRjTzv7{ z)spRRbIYCgu3yR*p7Ot9rGQu~Ti=PLFocY%gN}R3H$GVqd_ib2_vZvh-aOAx>JuLO zCV8wb8{!B-sw8_W$LeKIEupj|2q(NkBl1kueyE7C`^1GrBM5)K7yLCDY~AsiH0W65 z1h}1k9LUB!vX^d);Kt1&Q?f4)PEb#F$^~y4==Vbd5dWD9!mM_pdTihrwoB9HBkQP2 z)!hG3t*gq>bJ!(0aW?yTA*g2PUfJn5z<;q6E(D}7+GMlP=>9sO;cj3l%Jt7V#Eg#-9X5wmNBW`7{FPP9>g#2aCE!?7NNl=sabu9)I z$kJs7{lVPMFW|esnPBMoV>o?$edFv?ZagalZLT~4h{DiCPrmEU7u#51h~%!!wu}IS z(7t@?Q|1}K!&$^w;75WHPd+Yd>U*Dsq<7eI+trAB$~5)(LB9N@@K3h6STRk?EUZkQ zo>MA#pzuAP9jQz3lBv=IG)#IZ1lTxI={?)xyvvEvd^^qHO1%lACgNDTHJ zKw`D{nR(?g>9j+t8aH%thdK;nftPk3 zuXJHO%@)tguPeJ7FFQObzW)wrmW*ucy{qNjbYT7SehrAA@+>=JZ2UE~PkV6>xZ9v5 zM08kzBd)gdDXXI07pG+U??n^V|`=y8{8>3B(Ya#?p`Z>KbNOapCc z<7TmYcDzZX*fp-xu_ut=hO(I#VR_!JJ%CH-%O_1E5n@bcQ_da>s94)aV$NF#q7q(- zg+Rjn!7w&q&nP4Oue-B3_xBI+``4>b8nkxO{VGq;ofkmyj*>->n0E72_i*dw5Db!+ z?P81*+OQ|bc19bQz8@=nns7FD(3rfQl@Sv}ALBB5nV5j<=Kw;FhDR2 zUKZ=|$kybBwefes;dNluDGZjSdUhn{+M=P+q*d8rd4O3KA47vn zFnYF(6!^VTu8+j-3`)%eu0s=IDY~it>$qR&RoJ-fQz^IupH_e3z3WLzzvsbr2Pa)T z5+@huPA>O!F$)O^){3l*>DQqB0{uy{Dvo+JTYK4u=?fv^{guq zUSo{wta)+=H--0^;^Z9MNuyeAxp~~c0NkyLI2HhTU|o2FDPN;1#(lT5Ka=uzuyp(( z_1l(r@6W+9A?8@HDrkc#^UN#RRi>Hr&9R>tl`|%2e1g7p!ol5SWNkyj*>rF>wR9S4 zv)b8=+FK$c%cz_8VyVrC1HBylJJ4InNBwcgB8D;{hZ^b*ejiW{O{mM=*Gq3p>d5fE z>2W4}4u8g_m)EJw*BKA>WaIbDN_>$v0 z>s>!L9-10qekB-z$hJ4R{D92;?b}k7=AqTT~G?P%;e6x{oKiZ zWnK3a6|s39>9v`nFeG3j~)zJ&KV z=6E8MH~=a)v=S(5jhNT)QFM)$vY-D>ru3k!?-Si;C|zc2PiczHJ&MT8%%usENJ+vB z29q;Mb|?mcZChFP%V8W1gNzYFV)okww#Lg{yCDUAm<)x~2}~C+x%OZ;B4q!lS)RT- zN9*4bRS#sCl_6RU=x9|faif2i`n!mga@XQ`9heO|5Euz4@`tIYkRG4))=ArZ{@OPx zY=7p#N~@zUWn1`0O;(U<1CPhW6MK{Y`YDGq>e#2Y@lx5_48?EXe0#tCiHNsouyPfL zL&D!XQ?=ZQeI99{M>NoPc0fRr5rt&7-Qn~N*?0-2`UPD@s^}{vHJ~xzM$D#N z)t|hHrhlKkZBNWjS!I50>2_uBtN#1@B&lQwsbYFPpfP0K7Si*rf}H}c z)06K%^2ZlUc+k`t)$d}EX}d5$4@~9j@F=z*UgHDFV?T7YBQA+_E275SnO+4NIvJ!p ziWeYJ1hgZGYnH%x0chDH??%6MY>Pz_P?3dlvZnEp;F}j#wq_cY1p^p$4x~yGbVaWEVRG#z6KPkIyy=9I^16= z5=L&rvCWM*P}k=71KX~hxK{GI)0;(%vj=nTK-Y6QQ|(@sF5~*QOPgA_Jk<=7OT<># z%MQJycjg>)5)k4>JMO$5^&Ju1vx$sDimpnkOzk5)un957K3 zkk1BJDgKmox`HlOxq;JkbA4;K&{tFs9v0A|Yp@1M^VQzN`t&Zecdb-UcyMv6c~ySO z8t*YBI`Wfh!3&k?(ix+*ZRKU9wa)Od_0Yb*@1N@)xE8NLESQxRryh$yo>fyS8W$= z!#T>?Lu_?%GIJw8%zqv`g-0nTQnVdxh2sDldYDmnpK)LD#mwKi#_Z$n zx6f7K9hkNJ^M(nIaHab^kdM82}Svwdt_C~$;y;42B z#K+78`{}vbH=!Otb!C42Fc)U0GEl6Iu!TctqO5z=*s30y!btOe)vlycQG2R;Kfa4g zw&4(NGyaKE<`;Lw#^T^ZS5nW*kC~l%om-w@E%p?tHB+&-na9{F!U@}Z0Qn4);>+Fy zmvK?u$%T*?N3nRPWekWPNvw}ov2d-&tn_&Y_3L$tt0~A+Zq8#wzo(gaP~C+}>)5vk z6?S%NO1|W^jju?U3VRTMZmCHQ386NF9^!%fzFU63U*p%zI+P#vC}0!`*!f%b(R}D= zK=!u5l#QxvwiundAZLN9z-R-cA#HlNe*N^(KWX;($1(NPCTs1UL4t9}UNyCh0deAc z)J6}L6$&xHUC#>hYNKS!qg2&~0X@|S4(v2zH{|B3lO_AUh|rIhFc>X4o(*K^DTk^H zUrHseoPFrkhky^tJrlvF{eh5nq*PefVeg~!!f%cqT7Fvh>POKfy%wm6hu{WWHLxFL-d>dYrpn z@EVRhFWONP*ma`rVbx`w(vBHHr>v7t35t?e@U;bD(qsCE>A=bR;^es5glXw#RiVYn z1>v{H_$#l@l#Z++H&Gqc5TZF50?8sL$GwC%FD6F8uZukQv&2<#$O^J-oJ+ytX7#!y zJjHBdICJ4A0d|YXUkg1mE_S0xgD9Q61;_Rt4iHMIsN*kDy)K~~R+oKAc}aKN_8BT5 zN47xp(1k;<2@AU8GIUJ4o2g#r(O6fp%E+Ag*CZ1*g8 z;*NyB@E^vBGxe1rsHWEfsD$v{IpIO(ckwNM%U4DZ8kPnzj*Y;Byx#Th5qX)GtJJ#q z2;<%h50dAC=~dCdK6YAt4vzTC?x8iLZZX*%=Z7Vm+(^(_i$32FNciwqS*pl0i(|x+ znz9*>4FM^uebR4bpWnrc)272LPqqJTPg=3-X_y#zoJQu{b*{f`K=gLVDbAM+8R9`>`>&A zWXm-ZYVAr^*J!W1h-?r&E0O;}(;I zbgiluDS|I?G1i9nxOc;-r;lq)(^f%O$Jds0utRb!*w4*-Wc=%sF=RbR_B)LjQk4*x zeH;~dSCv_7G$(%s{Yc_YazDXFRL2P}s^Nl9A7s+VdI(i8ID z9a`T426iaHg3HwPv(sV);K0=*hF-(QsH$^P+>F@ecVw^m7#L7WjW8~iJ>}I5e-v*F zl`;#YY@vO6$*5y5tlV7x8G(MXD7uB=aH~%USG=M>o^#z6jIO(_c2AOz{ri#(s`wTyCYN2gp(^N~Xx(VKvC3qZ^YG=2$Fah% zE0LS1zfi15p3I>Cu}!{LD)>Ryt7-fD^d$5i@#Oo(E-s+^^SD+GAcE3Jh1@SN7Bg5d zjA@+ULG-U#L0n+IlEI0j^^c(OJRd|0_CIgrC{<&w+03r1Vb-HbzMGbzm3rcrhUPW= zKAIn@_b#%;rWhPs>sHLM_`+jHGfxA7ENc{8r`lGjsS+kR?IB6+v0-SgB60^_rJ3V8OBZcHUJ zci7xbtJ|)0Dz_X%$;vD^+5s}9Sh7r*7~toFp6Nj=DzX zW5XNl2>QQf#_q~mgKQ97xGv3@hM3p1ZU_c7}Ta*wrGw8+zV3o9C>v8iG>ltgHR z42L1!7#2RGTSY z9*o-eGZts1qh*Hie0uMZW7xYJi^3X{N(fr8#yS_SPFpep5}kT;G9T>_m!_#cjE-UT zwyai?cLDbin+qx55;c@cCLv#z-1Fstm&M*8hZgCrCXZ>_m7CJib0s;0T8z>@Tu09e zS8~djPM03V5ME&G$T527z;Jt1;s+RUi8x*zcddprXBMew9`@zr60WtrC___uj>$Au{!pMit;J zi*xJTmg|XRYi^s;N)26=ZOG{=sXSx7K-SiV8U&P9SQT^~t2uWU0+=`s3Qel}qtQ5;nteFW#elO24bn7{ zd6we!s4+T?k{OR&aA>3inJYvnF{g3VFuQ+5g@itk=!Pi!(I5|xdR1Q|f2(qBRV9oq-R0G$m);-l$@iVE2Q5?BzEMRLC#T8UtYT*E zN!4}UnkU;Gs-TehEZw09%v%ivnrQ#^QY9$L7B%SbwZjAYXv%lJ$dMKYM?0{WDWbRl zU{587I%`&Qpw5*}1GOtrxru36)SY8T*A`q{oWEE-oLg|jj(q(zb-5?U6Do)WRZ<}X z3RyN?%r-#OP8u|dMZgv13i(h!WW!?E*l?p!q)to1l}wB}5lN~(n>zy*z9Q>cJj;}i zI|#Cy-Q`-9a8~cIJ0ph4vmUzpp0qO+MV68JNq3cyd=0AT5|>B+guRya)U)6>2c@-@ zJz;a!Nmsa>k&K?I7r_CgA?Wj?ghh8cJB|wgN6m0J6fNg(T!ZifHTfpjiw$OLB72_g zJ6%C8ti7Px$BVFs6-T{#xow%YYdru75I@T{dvYY!6F!;^<8UQI`FZ|efK~Bi85TTdeXpzzn|(RvYrc!3n&1chx2lYvOtKBK^o+S;8% zawOhrou-G~L~CPrKpl6IYaQ(kThlAwUO32*HfsInwGf)PX+o^urzHCExZ)5c=Y@YZ14afPI1oqP%wMvV%XEa9ml6mF&-t2o(PK&TS~TUo7CInd<2Jg%W3$(;S>LW2z)z3OGs|+{~!|o@CjBH=Kq`+@&92G{|~14pZEj^ zGaEDhe?R{hd;*La>+7|(TC}`7VkM{k)iQd+D;ZM&o{%6=oyBT-$BU}?rAl#0wL)}y zqp(RuOX0Zo`q3-r_t9(D>E9%tMf~dY`t5sTVz$h5q}Cv|Ca8>HkK7v%Add;KzzUBD z3J^f}hd+;=fU6S$86@Zn1gRmDKOR>eSo^~d!#^IL{sL49w9xjd3Ble!lnff5_zyf{ z8fs!Z=pVoV{=6kWXasQ!f5tT^OSm~y0CW63csM~<_g}}g_ot;1WYH)zS z3ko@zaC}l zxNNvN_FmwK_DR_KWi=pkE`-iiL3Id>)V_3mWA z0DW!2+587(km3Q#fR0YW=4OGeKmhaNbK(Jdf2-eGg~^G5>%unj0b1b2$g}Qp&)Dey zkp|w6Z{p;b`hZ>gIq(2)myfS}lUSbXM0@nPep7zEwR!VE@u`1lZ*yaRSGIfO`2W!p zBEo=Q1BQYC6cQ5t!RYYtcemu8`e%A70KX0@VO;nCihhyZ84G@pFCUlR?LQkZwtc-u z=lHhbP=NN|gZE-49i+-J7yWl@m6TeZ1zdG?1WY8~K)6ZJJer5eN^69gB zpln&s!rOOxSPqRKcfYJGAz$knHsL%=i_g8y7vy)-xa9pf27Yk}7x|DPLRZguTn)Rx&6$#9NODUe#h8o+P1Uk-+CD%A-_X@xN^^A z2yE%);(7zHL?H{Z;^X}eARr_FfO&rJ+c3iEfFs^uzO0^HbH*~?%62Cm9%+9Q{PZ}% zfnn;2vNA>2#)COl!o3*q5T84Ysd zZ4WplHDyX`%5!{yH`Ran8PvPC2U;vj@aI851ka2Gw+4b*%gXe z>-xNg2-E2wvDn24qu6l3XpJmVabebIVCfWDnKEiR8 zb2;bkvcsP?G)@B)Ztyluh(5SlMR~4t&a3E^)-(SK9<^9)Dn6z}xMSofvK=vce^1s!O!I%I`{~U9>*zfBr3zL`QVJUPS^)j{~nrSKZetnf%<}i4`H*-G^?H z6!Vj)T)pi)V7^>mhuQK#T!t+s!cEM7WWZbC5@@xg`f7Q*EnCprl`#hvj^~>NYzOjc3y6-_w6qKwPt|UKo zSifCJVXJ{K=&-RVcg00j&+JKGV$qbo?U9q?+`z=Gk@kFoOnC>++pwVULTMX2-kC&{ zx3XytZYP#`>q8|`@RB|CLlAHE#;oy~9>V1<;95pRipngDR!_ z3|ryr_EdGPv0L1t*j^V^nvTcI`{bJC?AcM6aC+UVev?n)R_@XqV% z0mg?K`MCJc2HNR(HBW`}g(gM}Hsu0Is&S0Od=_ENG{(jS%68UhAaigdy^!r35od?| z#Kd0KC{ph^?N!>gSS#s%Ua0--#X(Utq-M5Eau?Z`n3*-fp?>J5G37rDHdw83+Lb$c zg+_CGTcjYnrHU@@NDcJKd`rPoiPySeUS8K9#g|YpgNU>iQ1TEu(zVhjvI;NdhGyr3 zz3GLne`hh}ps#e{F#UIFZ&okjV6>{7xufG{EG2if@1LoLwzpqF&R@uaxkH z%8;>5>cwc+X6(k>S+D-4+;V|sL<=aKKh$JOvc zWVU>J@l`A45tg4FPthJaKuc?i5^=D7$$hOcUu{~EIF4Ak9#y`FXym%81|Mewy8a?B zIOC9hRWidFYyTRHF2qMgAEXy*CC{s&_F96Vo0ow9Lxe)DFypmI&&8_I6H`iqVy)Y6IhGZZ`AsAhw0JqYay8w|0{Z zqcUtJq_zxduKfh!Xfr;1j+U)wZtg#MY0rU)cUCi~)#{_!DJzCKiNm&CX8Du}Az9j? zIT(_!r+`lt!s=lHg6Xs}w_(q-3~a;-w6 z|D9(@DUq?|BBAkw^ujrT>h!%#NYXn5H#VIJ+?HvA)!Evl3IjN+lR#Grl0{3@K|ubq z_!cP?xT#498zTMg)GclC8fy=9yDp)8m6yvibZ_1;--Z?!W`?yGMRS$daB~9LCE+_{ zuPAA=py6JCzN15wc}M>j(1x1fzYb^6T?t!EW|`@mGRC)<2XE*|uz^xnIB27Fhe*O) z=mk1rZ>#=s*+8+l{??Td)YI?Xb_$NvPMOhEvFq~+?82kOwUCI7yK~ejmlBpMh^L~D zM2V3d3xZfl9#w`b;iqEPN?e@*a6kFC)PC;J_(-J~S&q(u6-M59>D7}DT#PI`Oso;; zSvDE{1Hz)9^ajcuKy{_NZuGaY#dalWKSJhhWPUE`BiSKqIel5Eu+||a6$`k;zzq@~ z4u)~1H~5eIr+*|r1;ZSIcy&##pc`=~aZuXN;G~|b8n&OLjja#@%B3wTE>SNh@@9Z6?Os%gfSPZ-;!VKHo~yEToh%TR{s z>v8v(7#12X(Sd2r#c8SsPtk!PXyX^^wl<}TUJA3i2zQYK0k@<`E+1+f{NZ0c73d0g z=8NdjHr9>qT6TDNb@nu}Sa&22k94BiU5x(wL;@QCo$hy&qhdPlpdu#5Ef8hh%RSo( zzO)Y}%e{9ydbC-Dia?ojSwgmpyN3DL-}US_E)D1ZuVT4rC?W<6z;uKk6w6K3TagN1dw2&8h!9$`)f zWo*RUIIf-;EADzAL-KYL~azF;aS@%cXWfMs6;Rp^`(Sr z|Ch|xEF8`GLWXfS_-$vZhSH%gep3 zyh!#O)}M~?;1yvTI02oQx%eG$4s#2xRN;!<6Z-7hflDft=&%hL1S02(m)Q&pWYKrk zw)2s1E?SEUlhpRf;*v-Z#MBVp8hTKZV{l=f>JC;U)iwoBeZq6~!3G4LRq{D0q*k^1uAP>Ceh|{5qH%yQ&5LSz2Xfn% zr!r=>aGZxvO+lu8Ng7J0YDLihWn9+ z3eF77{BF6eL+KGeG$HO#=)ajk6BdgGR}A?bm5_syZ$%;Pdk}WMaxr18M)0v=Z0A-e#uYc%$JvZ$u&t zbl{N9qC2V0C5y?ZlL?&{Y><%S?VWl#=v?EL68?(OTBH@s!D#1}SC;7Q#^ag?9|_rc zY6V)M1fM^Nq?4cO9_$a%OqfXNx5MZO!TdXNy|hBY;*ZvmBK8{xjt{XEtT@EN@(KR; z%jg}duYam~GVl9IO`Zs|Di~3GG#0>wbRRp|zGO8x(s34BJ|l-NuwjE~C0QpgRGX zpfG2@j&1>7@=tqHS#2FEkel9GbAhBsU z2k{GF(k>TObKk%VL>*Qia!Ncp58k%c!GGK3B}DT8cZ52q%B2RRj>+q?pq5;7pVOq@ z@+by`;;}IQlFtBcQ1UfEHwSv&94{Q}09?tzped*15#(iA|0E_`NB4U=@Hck9JFj`2r2T@0CI2ZZxU0c#Lek;CMx!pyO0z_CH!a6a{4JY@3>JX@V#oN`%@OIB~@(iWEtM0Y7!*u6QQ+wjcVyNEVl)ky1gn3 z`G{I0w}pJ;BZ5{6^lsnPiVWWa6Shu+XIEb9@$dIC|HL~=qXA!R$?Q;5AZ6&Xv^Qj; z$;*W}J$>Kdlo>OdRhkt6za+V3E6`f=K0_M9derMS5}V~^`iWBYD1ZHiP41W&33Hwh zO!S`{{n%q#wQF)$(5&ac1lg}DF?Px9?OQQek}ZBZ$jIi2F)5atUf`Up#B5_MZeBXq zZqzi0m`cLC1+Bvp`O0?f-K9bkvTCz1|TYUt`Jf`|>QT*PZvyjJ%Di^mDwf5N2y3hygA6%c;{>C!cQn7i)AH z0WP3a*RD;0{zC>EgP1n%{J~S1<;)G}zO?K8T_`i$7+BqXf)5SU*n?Q@O=5!*N zH%BR}S7&rPdFi~(`fu+bjA%yP^{J$g26DNWGm^&YI#$%8ix*R5IAhZjYYfXe{m@kJ z@}}&XKWxNuKF0hi;c9zHHH__&m|5STT#qv3L62+23CZx+Il7J*4J95oYYSt&Zd*v{ z=beTXI5uw*HLL^}pWrk8?c#Wx`-wg|KFe5MP>d*(tvH*X`_Urh?wTxaE5!&+zXLeN12V*Im9PHM!A>Ejy$fWtCg^J zIM|6~B-V;dA;p#;aa8&yC!*HO*SUOL!y3}wGxIptM;?Lw^Zix97&ES9q{Oa~--NOg zHwn1+IxIDvQbRsgD5rdKe+Sfh4`5wfluBf``tN)K2ho#qXS~=vh{E$z9D7)r28^!- zoJ|+TxpkDP;y1j1Uct`Jn!}2&xkR4}ky3=xaUs5VY(p8`Q?~O$KmNE`48U7cP%sa{ z&MxRL%>K(H;mnup6>gfc)6@-j8amIOES%g>Dj1o!dPQn{i<>-3N5JKwia zR%6VEx$f83H{N-%FyhuWUxeU?e8ti8M?b0o-VVy`w3VklUoq5~4q5c#vn=9#lk-P!JzIol5`aT!12`wB(fQ{=K$0z4I`{N*) z?d{;NGyg2^v^~+HiJvYiW%`|Ig68w{C{f2fSMN-si`EGg{XMi@T6 z+j0~X8c(c?IpLHT!DAZura>GWEiDsg_p=Ka*M08Z2;s~1uDj2xZsbClOM=9FIJDnm zw$^WSVr3_~?YB;t5VQ#;_MIU&lu@f9kMvzUYH&7_6PbIyi7H0VLzBju1KnrF! zI(|yG$5vSUzS7AOr|f=^w?(XIkCm726lgKhR3os+2r28g=RB`o*eKjbmV;6RfpNH* z7wm|CFn;E3^BRl_o->|NWNs6?+vW?jNa-+5lAzyK5pv-UbF0{d&vBnEplC@NFxxac z5l2DE*5{lblO?|Tj8RxNxrixIN)K9xh$mU?mN9T;0!I={!j%Q8f}PG%;wilBDH9wi zTG28qlWk{ku%UFJLL_eSsqFtVxWC>(fyV<`Um|90TUj&ydr269yGkpyfF)AQiJDv~ ztY78{z5gsKtqlo@= z*lblZiM#3dyyDLYdK1I|1$ozVhWo$ko0DWUDcxLOd!JJVfgo7RSdr*Ix%M*j8>8A zSFywo-sGoUlrAmQe4!zyS=NQ=oH6#7P)uHQp|=0Kg(CYa43v`O;rtE>t-252Y!DP; z!m8~VUi;li`KQHXkA6I+MiHF$Qa(ZaaAnA&W_xJD|l%P!5XJgQCQ z`V$Zx>$(!&5niVYY1M4@LlYj8_r}q3$tlDC<7E(w_zXPDM2iaQ(-l(1mIaoeXeQaz z$P};0*&{}^@J+n<64y(ZtDJEq&Z`zlT{Al0Aj04gRx6T9oTsM))oTd4QWNXRX$lbT?P*ZoA>se@`cu!83GI2O8bZ>8YFZflp zn*T4FuAv70a1w5mVOr@@$++|S#gk$=sj6dl4^?mrC*QRSjdjun<5|#6K13S&P1Do- z8BV{-giN4%*FQB%!n~_fSh3u?43-4-ht%?*tU-D9Dhl*{c*HHHhpAWT(U2G)%~U+A>7cS3;Q zj>t$1>Sqx=qB&~O640%!UP1-h6tSr}hdp6KOzl5;WB~8NeLWt+stJ zi7l9*DqecoMR|hqQTE8G*lzX=fmcW8`f0gif=05id;*7RVPa3Fh^aFRNaqoi4x+ai zQx|T{MA7l=bK`VBgtdbz7FQEuXVSHlaZ)W8#pgw2V)8cSi51` ztqC$G`uB5bpyVMo8qd+<2>s0KNFIR)gyhf_3*- zGyP>z)hB!F4(d-8nA)dK_!3%)^{Cdy<`;IAS&-%{vPsZ`58ef*U|36>>={Nq!dr2*+!#3niQ zyvTP@Mwy2b>zsdl04ai6yRE{QIo?ppPPjb8l4}{X`4nw}|D|{{ejwL{Nhs$DV1v)7 zZ^*H8R{i8EBhe3sSwlvTj6h-UBz>}?Cg=<48s$$ge6HWXohuyx0+8G{bXn);U_J~W zzap72la<=Kr~`F*51dOd2%rjHjL^ZhkZ5@PF-+g{7|(_LO42Y&&lYZS*FFu+OsZ zYrIaBc8?2Wx{A8#FrMF%N0O#aZiF~GmkF51eI&QCOD?J85J3vjq0#*;mC`nEW+yxn zt(Ww>CKv$>P-Sq})T|HqXzhrcLIb+b)uT=u>|VOU3Hu_(Ow$`s8L5E@r46dzCYb7_XNc-0&q+@&Z`Rn6hM&hsac)m-FGF<>0fb zS!3MCLPmCm;arE7^Y^!bP`qz3*G!(|>uSD5JpJg8n65(s=?I*@1N5F<9tOuvHr|LQ<#|MbMbQ zQ7Z2<$ip;x+Q^)DE8ZUILz+-W#_tX<2duS8fKM7~)DHL2@#6G$7wzObo@2eg=yXxc z?t@eVfK)kcHbb^8&D1H_;;+(63~eMe2(iy0zbr2goB9_q7dKlh)46MC135`hNT(tM zXKc5mN1GH(FAv4J?Yvs3>{I2KwSYxq`-h90muNsxUg0N|Oc-i%-h9>PX{WVId0YE+ z5_N^!ZSu;TVsuK&ic%A=2SSZIiKw2QHvr{dNv*wa`qs+bGqxqa2LmfQ`W|I5UB``i z2Q!7E{?0*Xt-}ka4x_#Lx`BJ77(`|yn)zYUK(!F7y|`_lG~3rOn>SWYTc_vQh}hQs7lgu&n&MO%Y)_|; zJK)zVD!TLd0d8=Ja$^_L^V6Dr%ZIbhPMJOAH4pajTkF6MMTKa|+V0!bQ=i5PAOeEv z;NqRSa8$C@5Ect#8!J67!#8_#FAXXM5NcFlW1}zf`>JiAH8sslx;48lw@0?CwVm)t zoa4 zQBKxrEdfb}mB2U;6%gbv>Qusv00bq~H$6i=r#**H7KMjDk55fRO|S(P#w_Q$c>Ue| z{_$GvaGTb=&3e3I_sad|4!iD&<;|_a*#a#B4$FV@{|ZC|@Q~>a0}$v3`w9#c47Rog z)kg+?0wXbI`a=+}&n|t?yMBy-Z-tDhR41Ch&Ad`*rB>@2i6bcGD_;m^)CINt2 zxiR1lAmbN+g##vpTtC{U(}QRTCWi8z>`w!b)20JZ(9wx`b>|R3gAxj`tu+LYwN4?1 zh~isV!2+5O-wYC@sP`|~^ErwT>Xd+h@bK`s(-uzratIkVrqc@m$2f+V2PPDRa8JP9 zQ||_#wWc_8H~tE-0RR?fcz~~gZx{E}AQk{%0RY?#GLUcyz@CN+0VtRQJFB(=XwemD z;Gf0v$MFF4*M$Z61OMgT)&I{n2O9PR*WTP1Dx_Ospl6r{G=L8a0N9Yi`l66Wp&!69 zd!1Uq3JNJctlh31M6kwg8NMB=1(a&)0)UwJXe$o;NIyV}wLfiW~tXHTda(#Nxi zxU-)I3;~LOfP#vO1O_Bf2l!WZ{@1~A0;Wfww?DMU(CyEUhu#7;h_?eg0&fE^{DtsM zSh*npfZ7LpcznMN^S^-z6bQgwLj!F9f*sI^| zS4Xq3TOTw;sPEtQhgTO^9*~fgPdjxV{$-n(7~}=y^MMxu^bsNo0w^fRAP|7*z56sr z!?nKCSB3b&t%hn22OjxFiS8@)N4@%4ed7E@0z==+?`+w#7z+Z(@kid$Q4pC&`v&~! zxBTHg@;831r}+gR{B6b~WrsLwPkl^(_t&T`G>BN$cVp4tRols1Nrq*0PqnI z9QJ83hD7bHBL#1`Y^-9)W$wej8tC zvx5N9^60M&th?0z+@%5!a1~8_)Hs1&N}X#D+t4G&>+u0m@bxHZ!YV0abs|?l6CJ@Qu%%{ zJ;%_GF>LWvSOD3S&c2ewGUGwPC+1^+?<1cWxu4+hy!iv0tOW#LxGOguyvkP=E!23L zyyJWfCiKTmOHE4|OYF+{VNlTxzjFrN%Dvn-N}rwpOqsk=J1nhWLf{Ws`D<3%4yMuN zKvJ%)NKkT`7(liXE0tHFA}OMl3qPVfhxc#wMo{@hphhrkk~%k{PcbZFHCfvQmkUO% zq_tp_R9(5xyd>+c$7f$jnxgwL+4{Vj2nxmLv5 zrkH?u27J}M z4jZM^pqg#aH6o#j_T6vG9tNuz4T0zoi_1PS-59f*R{SnqUUhdGhtL3j%kzokGMU{QmK`Jy zTSM`9zL4O@fJGiPE2#LJb!{8bwR0h8aCi{1@QS40l=jR42>N!;2&v9fI7tj%ONvZN z^ePDb&m`V*tj5L%yVODq1&JHn7lViK#ihFUC4$FR_GQf9uiLzX-n2^tWp49TY)a;& z=Kkab`_vD$Dua&Mz64QQ4r}r2+t_0xrhrx=(~@hk{dEuJ%Ym@=8Y$IWz(d0AdVs)( z?g~Iwrs3?kCkiA?EE$sDgtIWL;+N@kgs(!j;V02yUHCJaaZ-+%SgE|$e@^gJi3Q{m zfvKa$g|{WxTpaiX6-JO=e&2DvlP~j#zKRx zjFA|3cQ!K*PNCm<1a zkyGGY*;>e0>yT9VT&-S9)p7IoBjxoy*~4_xM$CaW_?(dGguee;(&RvEY~FS0+Z9 z{>#$~O+bdtYxe7rk|40~_vK~bJrb92JvDH8{&mH9^v7BRzFIn^(9kIMN|EuOgOLW< zi%$>ajZAHqN_saAl4mWlFqdplL1hqJajuC;I3Y$M&?cIwNMWCy`Av0 z>zXcn5HUz`ZO^a-c6+UDfobJg5J5fjgD zMC~dARAR$qCR3trdKJFEeWbCm_FgZ(+Oa$T1|B4IZE6gWQl=LK>{pA!7(7L;NoNl7 z+y_6bl7=iKu*gRt|I|Ba2Z8B3f(UCdGL$^81%AY#tQ(G}%Zguz4( z;vQqtZm3}Z$U+tNnfer&pk(?G)mL0sqJ1RKOG0YBZ6!vpboBo_U>!axZ>R`&9qf%! z)Nj*!tLfOjAc=x%q}|g?rojV{^l#MEJ{t|dNY($$gG-+1xxhLmo-%j%AhYhL`Kenz zTRb^4g#~;UrU{PL?6xAu+W*uRn~AloF1RojDXIJnp``y);Xs2Tu9Yy4Vr};-+5SM? zPO-ye>+&pU~X0xq#^=G;dn+9gD=% z)0g;EnsTHE8hu-V{*)r`5fSgcC%$6)iBO6>N6sHy+ zt+>N$9rx8V5OZyF*n2JF>B_&nN>~&RIR()`(W}D}<~!&1d9K zn9s`#AO8O3@lW_zrZ5lP)xTlObCv2ASMrUtnSu6tSe-3n6d@YrL(1+hJ4R9SX(U|F zrn276WZ>?vrofi$jY{C<*-AlBdKe#%SIhCp^AlXWzfN9sL>mHO1_{X+qIaxnpE5} zX1WWLlgTLggZeJHoIjL&KMY*43iJu)+5eqdaZQ}{#K!{vjOMN@P`voP%Ox@w7e~~& zZ0%1e)jj_~0e5Rn|7XRDrkDgG1NTJtHp_jWsa)X)a!b|agLQtkb((+1GItms4wNP| z0Q-8^nnbDKt1E*ANx|7hiTt+XY6B7=%W+Jtv96ql@Y$kXB_-_6`iN#i6QJ}kS% zPR3zYeu@!&wQDzjBV=4iqsRQM*UhiJC^vR?KKo9YB!o+`xE7~0)OrWC#J*p+S^%3( z&@-hVmH5_(Gfg>So3V}Z@UC9FbV|f#Jl-(vGKpv+Ux@ zl#XpT4po|>D|Wh;z3nJa*QXeu`Ro;fKNqapC5CE`64zq{9( zyC!FoQAN|~Vl-Kjduh;i1g47wCF>jrC$_gU?wX&o=-2@Nfem93BZb!`Gfo z`po$Or_Erd7*Rt9gA`T0{5;CCb;+HVgGG)~Ly)I4;mV;=dfh-|au-0``fkH|IoUTJ zYKWf7LcvW^S=AHK)=?_qq9^K;0RVr-HreOdkG4ibGl&_+Z_sCSHyLt{_MoUOtM`2n zEmsS6E-Ey$)yLf}qK%`9UwiS!1heK?@NjZNCmmy6O5~b)uBO~lC1S$Qj0aC`Mh@x_et4nb}HxJzXR?^Vq6?vuI^amUGmbtTGZ!L7IA z?J(tj%7`&lfouJ*WER@|nPTYNWI4MhlL9 zOK12pj;CQ~oB8_@%DBRc#8qs09e+fWsl1}?yq*AvvV6r^obrhez2h~A448DJ36XGW z?&NGcV<`A{!MaA+3%eDnv)LtZA4f8-d5wRW4~s1JJ5NRhPXi;c!VMQyfb>Tmm*Y?1 zlZ%dgnExj279~`a`qQ7cs;fGVZvg&c8pga4=!5)l!5iW?c=h3vob_c_S=ei|>(F$<)MoJ#!0`+0X zQ}nW;Ez_-ca*h?GowMY!%CBe~&TQ@WD z6ZLNM;6S}8R`=7@yGe>+@L(RTBf^gE%hF?eXE5DBDcr6XPl24#o3aWN$H$c0O(y&- zX7-GRz8XijaOS_7V&)7KOb0$yokrFEQ=a2`Gu%cFqYpdR(^_#USynzZ->)KG0a}HH z9SWDHGk<#r-@VC>MwAQ7p6TQ3WH5uq#c_qMxFBIh$3fM6^zmY`V_PsZ5|!r~mm0N9 z)0D#{0GH@{D8o|AQ`338*>52XL>bgqQPrq&@rE6vt?}-i$VXImzI}w4hM8<1fca<} z4QB9eN%+N)|EjNlZ`h`vX!IUiS}q4{hHGrm7X#P?CeyU%^2X- zHEl|(bHZjUq!Y^J4+}L9RYr4k2ztd?`;ahxz2Zlk_$7DWAVHO*xY-rY6>Wdk`_Pt(2%!th5WNwMKvz^-ne`^9u=OcUHX0=ieSr*PSs=}Km-%(vf4E)3-#@cC<8Z+bwAOX`l!-(~rr{ z{N@weyK`{keAk5GzJ$j=e(W9MI4@5?Tilves@t=Wbkl!TkTuF0(>A}(?}Lz;Mef&nPkez+5;OF9-@e+(75A68aPqFRDjIWPw?4{&v*bS-hZKbkCBrX$M7vg)@w={F__Wm;l+gu%zSjuFCUZ#qbtW=jW`pnT^BF9 zQL^X@%tpWH0X1+5D4Y4t^Sxkhs&8Oo=NG-+xnTcN{F*~B zlQJ;@bzAaL+u(fnO=O1E=LAfQFF_xj{zNP?_ClSEckbQG+|GE#KD+~X+47Rnb{XL{ z-nTl3t-KDg0U}P@(u2hF;B$y=@31J!J^3!z9D%7A!F>!L;eaS+3bzHsqZ>AW(w8gU_;Ow6&Q2%#NjWvx*ZduUENoX>HqL1e!(?GzCke^IUG&zT>l8F4Y@O|dc)#@3zd zlfEW-p-Z>r+~p5SAIp8PHe~hzIIjJ|XJdawesY^;+B*>@jw_ZrvpO#U4R)8Zi0M@` zWB#mtzI@)Y3dKjEh(ec5;DN$FPS<*v9GgODfcBm+u5iJyVy&!Mu`8sqoomk(xjLhn zUI@}~p|ER_ha)N!>y*w)va^&@)tCBr*+P7BM`?0X?xuJc$n`?_vMMlS>baUe-Zj^+ zshJO)w4sVZd7_tH3EpxO9vNrqj+mcnxT&pej5uKM))H?zUKTjBR)u${xJGJS-G_Ks7#Q-w0#>NEI7AAmzltypmd=`3xhLW)fQv zr^SWHaZW&6<*A}LEOtDfCpcG>!w!Qlo>7{<=c)-~^zJcd^t}6~Nv6L};t6k?Nj;9( zAPj}JKL4yXjdUoaVB+UU>I#5rMBRYz>gpBy?z$XwQ}8fm`+Pl9=U_d*;bzrM3EdA7 z9V8-7g_SmikM`V5(c87+5iRwMA-ypK-dR!Qvy@CV+rcNP0~`D-_Kc@rWfqKPi7{Ak z5pWNVzRwl)o%?qi=^G_Gbsf7XZf^*PIlt!j8=?E?Xb&xw^+%}wc#g{N{FeV(&-}d- zWLZ}ZhGzK=27D^jlC`!!m;Q{!yRzt!?P{$%Xc_9|fM7M?!h*RC3Ur+A#OvX#=L39n zEVU4=iv7KqJvyoq$9FJR1Nhdf-*2KC7Y~dshmr35+&xK*NhM$NonD<*Xrxt5=B}(| z-N`{iWOx1@us7?tE7}K>jlGLu&1K^|*r<;jpQ_!vcOIa=W^~+(J|4fE$~he{LauO` zFsAEO3P}{|D{ih?o@K`{v*-3(s|y>9b;ZC^@OU;0=OTO5U5@hF7NzNUVY3|a9;}oF*#RRAG(yf58KuniIpB`y=enm&3m}>6Op*+=Erdy=S_Fe=~9otUY28%S=YvG zXHx>SdswTPH_o*pcrnN}XL=>BDdW#Nxpy@^r}qX$U&y-J!f`>T)fE4|^Hd5N@+MP7 zeT|DFC?-SO+oy6aWScFN#=0MXcMA$mj*eS~|V02S|ryCm^AuoPFiSO>hq+GGs&G z00=905Aj&F6#YN4U!%MjCD&zLV0?6LJ8<706~!W^xpCbAcwgII1^S> zC;|VA_SVW&0P7g|qbVB@fy>|$Q1}CdL2xynhd_cdz>#Cf_HUXZ`2emxln7A9eLz4L zdfqW~=oiTP8*~r&2M3OTgy2cOlYhM*YH+VVnUIYQ0$m+q3mdE*{K{ZfLExX70B{|8 z0!;947(*a}87goh+(W=%7Qq^3@AV8pKvWMtz<}+m8GjNC(pj_^M1kQ{pBw6jDwxyE zw4;`2XcQDmyg0&drW{0A$d=*shW72$DR&P-zT1RLiZ(Br22!M75ELKC<#_*oVZ)KdL@bym<<7<3~C!iSt%y$UD zeEll_E)4@rv*?=SGL?`RM_en2W7#odqQdwxL>&=B<9F*-8XTc~I#fTSa&fQ|~# z-KRUIF2vP8UF^4{YWNx<;7EVTDDM0=lJ`d;;4+@CBhY_!QOqC$8nokQ*x5OO;t$v( z+0*aL%P!?Fd(v;!!|&0%zkJET&D9t8>@)h_Z-lUp!R(Gd0>(jCF(VNGF@sXTFZ&bW z6a8^eVH<;c`fprSF(C%ypW*A=Urq@ODbN$p*5%MbTb!SRDg7Vt{*)7#U}0B8inV%k z=mB~Vpl@{;VtQ=y=||vD!sA;6l;S-9c9pPA0vrDc84VSf0D?pWdm@A|>7k;cfO-V6 z_%?<5T^2A9&^-tiGSGpVQ}8vy1d;w56&WA|m5<{OTS*AuppRb-At84_!6W-eeO}wG zM2VOuzegbE`P~=$T;W1J1?-}8$dFi<2xC`?L(5X0Uh>}yfS)fTXOSLB@eYbCW2Vhj z!Aq~Ki;C=^R9j5hUFhw~qWQ$g@h2Yc@?gCa+VepDq~)f0jY-@oDDN*$Uh{C;mwE0s z2(C}UdvwI9qwcvU49VJQhZzoJd^sH+RC`oS>fbE?^%yPY)GZL50QGT`>4~Q^jQ8o2 z8EZwdX`ARXJ!I!54X6^$sP4j#;KC_u#fCNH&@qb*=3CR|wZA)^oi|Ujap*+gomsZ1 zMy7=+Eh>Ci)0w`Ix-IQ_rPhCo8aPly;!&dyhNJoA#P-wVh-jZ=J!9Oc^0Hz-?Kz#i zbja7QlKbs_j-d$sJi>RL%v3$8H2#dJu-p>kyA)YW|C1O|BREZMA+OFwa}zD=EYY|U zWKu?wlsto8W;KgYkxDwMM0|sHg`<*cEA12~OP|PlRIWrKef3lfWHOBe=EDb8qI+z~ zmf+Wyz*$`%cq>;lG=`z@dvwRq{CfsTSIYe?4AY-*r~Y23$QB6om-_WiS17gpiYa7I zObcTVA%EAm33X0A7e;U|wC~#W-S27WJ#IhP**-rqfunn<%!oUXX4~X~xHVm_%&xc}4v$g~YuPpLd*zoO;e#%gW)3#f!XYyGi>j*mf51 z0alvk)A?yFc#HJVgCY(^v5Q}aG~PxbUNwzZEb2+HAD3^6I_WuAsL^<^@3s62yKVM_ zkkXX3&aYj7a7t$A%Yui>TOYS#BZK~6WEHv!|H?$^d9UsJ0XX%-ybB3_8aQDcd82JK zl6kt`=v)pglKJ!b5)vG!W>I{l9euocw}5(OrYz7l7x}z=dVa$4q#m+#Uw$QC=oEhg z;kl}I6VIVxZBJ-*^PZK1($PtCil8)6Dnsd5P@KtR^ub%msA8A)#d#R1=7$ikcy!xQ zUy4>kVT7N1n&cV6Ohm&W85_Ob+|3!x!`UC7ZIBvwMks{@7KV`pi(YZhrR>|vroGkJ z>uEP%D|6Z~d$?9YLLnChuKg)r*JaQFBeN$(yL~jJ``de^&d?z23qobhwlB&&;V1C) zoE&!O8=R33vayZdzE&0#{|O0&;eWET2@uBuO;aDkUelGO{!Aw}4m@Z*RbHe9Sh3O< zP#bPSl5V9ns2BLJV7c5LFZQPp%CGc$i*`$6>@5C7p9cFazmd!5P}Y)tJ1?qdFwMi~ zaXzr2+qrpR>I?%aJ~8IvFpmS96b4s$N|RgYm0hx8!r+EFZ|+~JBI z@l_eLQyBhX2KwuR@D@bGhDb6;R<~jYQ2_7}_`~)?A?Q}@NyM}MIU?B;0Re`qjVe~LDz|ko|jlxT# zA>`osxdnbAx|it@^9F3X<`R!h_0R^VteY+SWV!(hp8|IsH;lYlgRv=g4((@5!8bjeYS>51b<8DFIcXrVp?$n$#&+aX_BPRq1j%qF64v(d)wXRV>($P$`kcZnz%#c$P=0)*S`WHyLyd&UD|N*d3mxa_ zEcL^v)wUJ2mfo)p?2yIA!CdhQXLVE-4PT{pkz{wu)N@kDuNonCQG;5( zZ_ak2fW!Uo=gv^*;-n}>wsFLew07gm%BmnxdCaH}x1M&IJcn7;vPL-OX zNDmB*m3!pPZ<54W+YyThqwUMh$$E;}X4&6&ls#rfP8FYyW!~2b?tbuhA>M_3 z9uE)Puin+je{+fIO%)MoC;0@4K(}w_d{e!euUS__5y#?e(o^g>=u4I|HvSxRcMam^ z10At|!}$Z{l5?di%f?(zVq@m=Ln3E3klfh0BD=_F>yx{waSi+7uJlJ^Png#XKB%lh z*5Il<2R@KND=dA7#Y$8gCUnV67i&qiuP|8<_#Ax$5>tdHYXJ(~hq?YlpKoX6&3#wH zqTQmD%4o0kD>&$*(#t^h9-YVq`ZH4{&2r{{dwnJd@ZUPOVE-~^aczS}Ip{Bz-xD$% z!k9PTf~${JTyvDUEV}aqQocmH|}Z`;vpA8%OD!SC!1DEfJghCuW;ULFwY zHkw*g^kavZuz7&0vPD5d687h#o#8c|G6&8 z1CI`_pK#E#j;AhdPi6CC!QGhv2TiutyfP>$3_Qar}$c_PIAYWyiF z*xKF@Fcs{~I$k+E)OsOzt1ZS=4Uq&gXG4DD_Peovd4%e0Pj_Z7ZB1S3u2#Co^mNcH zyHGvx&C+Zsw)1eVGpxDYfUu{nMTiHZK*d9$#^+m5hA5aXighZ5ync?+?95{Lw_W7h zwM(Uh&unc_C|1BEag_(3jby3A+AXoBEqcz>a@A&yUymQZ1zRA9N9WA6fn~W=S1<;hc3yv zdOzb-jWiLofuL~nY5xhk^G8-#XeH$VXWHlE0I7I-)ME;UyW*TtNu}FPmU9<(^`4FW zvh0>D>aDV-^S-_dK*z0HRrw@vz^!`VZV$=E{G#Ir(M`D<-H(>m1SbX$ss)pZE?;c9 z^i9=}i;(8w`fT$fmA&b95Uc{)nT4Gg^*n^e;!zLHvv#1`;(*u>uR3q0FPg@^Yq#VB zVvCz9zm{EG>@N<77>j)JuAtQ&U@oiUV()-4h_AL7v-*wf8B>|p2FVs?`m@n3V%p}D z*eG1L{ey;yG8F;7cei)Ev+=MmDfdYZn@_Avbz$l2{8@InT_d(8bLXKSZ;iyVu_#KE z7jh8I^!`b+V{fU3rw6oe_ifF z!;s05bvCVNERod7rxCo|$jyv6I}}Zc7>HiYdIE$dQL`zP2AWiQG_}@PQh19j_OkXV zo})#bty75#j+SUo_91hIsR5Q%A2OrZtB>7Z>jtjkO(zpJs*ZLmhNM)-->%5)oMXIkATlV*rCy9jwJDX6PVaC60s2+kZ=8S@wzH?Oe>FPI1p&ZsW#1dni zAACqrfGHC#6!d-Maz2*3z-xqmWZvI!zLW58CH zM@Syc;{Td*J1BFRi5~5gk80kgkLH9W=I2Z4YMOA!K5kk~;gETjmdp8%E$!X8)Ha-1 z1Z|L%&@R$X-9};tk1OWKnK0{}8Q*%b-GaqjO*2}>#K+Fy#IMG-7UWd_A*Y+KHOe~| zVUFUc3B3y0HIk^}(F}m9<5G}X!p1nR1qn*Ln6Nz#s7TIIcz1csZXz|~9V~fVyfCo7 zcKxb2yq)er&J=fZ?M&(DBlfsmeu?43wi5AoWpgP4eziO)yR{7hUtE8J&qzcKU);i$ zrzm^jQ&f?XuaEk?ab*s>+`7+e)h=HobnY~Hr8_*6xvGdvwsPOd-XlWB!>-;nQS1>_ zSC!%!W@Z3qBaGztpfqy)*sdqOe;glhE(YPOGqvh^QDA;foIL!DU%4*x-LhjwP%EQU zrGq}G2xivbPLF)+3$rove;&x^A#^1sYQ;Rh-%k4Y|yp<(g@|RlKe`ufUk= zclK{gsUN~9XfdoInGo3LbIgxc=i%WB5tpZ55XYR-O%+~AU1`DRR?<=9rRpKhu3oU? z=9G6dhlN@9WUigOw8-eg%<_5?n`7{{%qD$`lq(AhpU=I>Yrb@R4jgQJKi_hDZlhHY zb-*iR@S}CJa1KCq1Tn69g*TRoZ>eD`)8RbZ*?Svp z&#VOkWL!6I%0y=`Czj0&GBFo%ap!nltW@jjDCW=8Hukk_A$2@Eaj&iL)wM?-KdU`4 zh{dm?VhdpQ{c=4UZH1rW9SRN)UY+BI@ly%y*TToYJX0ZytVZ+xecuAkcw?-A* z9^$}|mf7VIr~RCHV}ERvEamKV&OAM-*p6{T&g~yHrLH3rJjt#F+mmhJBNzB2J*IjhCl}Q?^>GqU+DE* zq$k%@EYg+KPxe>ZcaG+>K)`$PL$1%XJhcoa)6Kwj?L{Mv2CLDj7rQ&OA)u}?_smX`TsKBM!vZ~);A;0iC(&7cTr{VyqoE1v63Uk9` zr%CIYb-knNa~zdb-Fye9x5I43RdMu2DHUDs7MTCLV^ZhiorcTJjeUCT7tO*`@xu5^ zbq|p=$KVU0^v}Dh<6cH4vkc$3c{A|r^cCt))#r8_5R9mFTboG=$6uDVN!G01hvJge)=BnD_ckR=%k$DUQvuzYe<0@*Uh` zXgy?XR|$krn!AjPyeUZ7<0mX~LwK$A?W!8#1Mg;;S9!i&^LvQ?4`*pyPP~4zRr1Gr zW((E!2tfVB-}quwWzVci-fgu;wK$3f>NazB@MVymr=Aoj&>>U{Fz@PBn|}<7xR41!eB_ zuE8<#?S56?4OJ7LI2(CZ(xQ>MCZ~K3h&?Wnk#lGSF>ibN00|D#@l>EjItX^rc@8^al$-5a$d8g`!?L?tmkT*Rz zBK#m5&KC3W{50Gva$OoS+)3rfEU@}7t*X;CdW73Iy{+sMZg_r{KgEt^PKT8f&R>g{ zqaS2?r0w$)f0am)epZ>i{TNL7s;znP&(@ueb6iSa29jw;*X=V+4^Ok!B%RbUj2rWi zFrw3-lVaj>EFWC0tF$s^!LPk^3=?Yq});hPpdK~gx=o<^ppE7 z?mVah78bLy)q1gBq5?)7P{o?f#4tB zj^)~^|8TCta2AU3##016vFx)_zsA4#={UM>Yw^h-t9PjmkDFjpw*>GjE|P|w%BF?O zT#hti>D1ih@d-vszO-RGoDu>~IretN+II;)pscEzG9RoG7>(Akto^A+y&KjgkF4@2 z_n3(#^X=93k&i?`s$+mp#(JK8(c9mCvQ&}QfBsfNE zs<3-L8Ra`;(-k?Tx4FhUE~%tY`)77FWMw9jp?DvS16fTLldV^j?Sl0x7smfaOWs!V z)V&veuei;Ho3t^cZEgiv64n^!fvdYhJuPw{}}rH3~3`21~Gi% znk&Hx57kQL4&{D5Oj@1C=7OZLl^#d?PfKB+S0@K-D^bE;zU=VnCZJQ~O)Gqtu@wH@={Pzte}=GUQ1{yViLqtF+rK8M$t z0GFLL?5@M}IkB%Yr(+G#X|l4@N3i=~q4b24a!`yiLro}Y&hRxjRERG#PXds(nC!&4 zh4W}*xR}+j+^uKsAeMKOc0$#-z|+SjG39Qb*`b8yWX|3Miz+9m8qROw*EgqH%A(Z> zU&;P)_@^n5&Y8&eI?L1eG{nr9P;&w6R;fxo1)DY=ztW;5_Z4AR>cI5L&MT$OdOoJZ z1uN`+{vLBIL%{6qD!X zHJ>_+X4mU=3#}(8E1J9j#<+@|ZrsHucxMSmk1KKCQ&Fd6S%meIG}1q*SM;l`+PvCy zmOamUJ=9Inw_xIFLvfpZ;4AW3;}~IbA~ZO||F7rlP2#3Ahn$F4nK3xc7A;ZbGpuNF z9(y>y(vnUm8fiL4>zfTv*xTQL0_g#=kZkb)LkyrvKR2z!h4r>S-r~&df$}{f#Rtaz z>P={V+i1hcnKPp{g1&PImvE5j%_zTDM{oI4c!N5GYSO*-pQHUQ@Mn(-l9kNpfN`)} zFTAkYt*v{-&_u2WOh4@+WY|OpTZ8;KbSx2XZnJ-=)6Y4hHFI{qQXEk5ZoRN;RDRp) z$6TJINO-2>5=s$SfraGx#)+wr5$)&ZH*^$otctl~?Jw~Zr2&Pj@-lbwsh86xI=Tiw z^G2BdWD1TT>7!)XP$Uq%6@4?rG^#VUEneAVZ8tF`zj7SbG5B>kPs796w|5F(H?Pox zuZl(LPK6g4^{M0sn-iHH;Jr&2kt2)1$nzhK-lfy#(Mre zdJ9kU+Mk@_yL}rio!f*%eaqJ2?Y4l4I+rPuIafehOBdJaa%Xu1nRwI5j{c5ghO+RI z`zUGcrdq_pfvD0g%miI=UmbCE|1_gbxy#7!-%)ad!>;H>M1SFj9_fz#PfU>WKQcjf zj{m^~8JJlA>+63qK{igd|GRbgj|rySzR*Dwxe(8QFTx5-L@W|Aun=)F0K+f>GYf|+ z1+};kQ!En3A}J{?QW6rx5*0{DevNaSe)*s7wBG18uS~bU`nmPqKKfY0qIc&NCJ>=m zLMsasF$ftA6*UDk#TD+;3aFrv&`?pyjf|RtjCTzDbVYW^7*Md_L?(Re1DK+~1Py+u z5Ma>Afky(g@aOaC4VbV}tAii*o?HIG|$ys4bz5c^HELLI8b0LpTZ&H@+jtLu`Q>MT36j;Q&=o zUH~Ip1^KTEZx-&^VYDz{-8@)}ChD6ul-EQBP!a3u8bZKiovr#%IiO6#d0+7n`P;2v z20jVBeY0NeLsWd%lNR9F5sg7~bc4$%AJc&k#U6 z4H!r8A@5p)ZT34prpE_$1Dg?T)JYB&@$>QZIe{ciPl2?5@QD9*`-!@syr{~$i15~Y z-)}4>C1F1xFCm5Wuj7vbIwDd!0%%FeNU)c0`b2QoZyfPMu8wRN4`T8o6U|%ZFMIW# z4$$L2`p;EuPNPGb(!v<{#81+Wkc!$c>>v5*ul(UY{vG@G0RPb^`MnMN%cG;?7w+jl z{u|FQf_iiCh#o*%3l2sNfJ>qV7V#UFHS`mq1`ZbL-SOkDf($$eC5X7c_i$?*QoOvk z!%%^TV|@A+PV4_Q)~|8`BtGzzVDVPJ3PnIdM)jf3SkrQq(^wD3l9tpj%uwU>v#x|{ z7#{MIl+jUw0w7pOz$daMJ*JfukdL7jt&s6*j|5CK1VI9p4P>wi4RDo6QKZlAC5?l? z`1TJ8Mn*~k5LN7+@OQ0w7AR;GexCrkh4`=ctHK6*4qrv^$q-&23FTG^XUA8gWcGxt zfI*_AYv+$-yNXK~b(H77b6V+7Dd0P+HwC6G!Ixajpz!16KA0c;dhs0DF65y;F^UqS z2N!Sj7PXM4thzt+ZUc@%i867)NSE_z7H;`g%?a5V$Jx&&TX4Cek!=HRRA~4+?nLc) z5IkZ!fa>8XHIy?L8lgDT+4&{j(0C>QmFi8W&{qaNAs8y=7$A7S){80V~1-=JS%i?@D(52xS;xN zuuLuQ0(LPn66{<1{2kqo1O+R^qxs>iwIRaI_q~*kd<;&sbA3Vi30b4^YLSQm&wJzctF|aA;eLivk%ir<@T`@unv*p^V zOwxyBCZKYRXhK?Ids*i>k#(_FMH8PM6Y3v&3u*-(LG_VRmVi0?Hm%#ywO3H~KM+@@ zRw#DGhBwsYCvW!0!%tunc05172jAZ+6`V4tHvIO1Y_ZevKL6Di?CB>k-IFf-2s1p} zR$0`eU+Zi}pVc6HzvjIq;}nuZ-XB}5DSx6d?P>Qp=55Uu%{ z$$dqW}`y3W%;+!z^Gs+l5Er7cm!F)?9e%1 zf`(RrkjbbBnfnXpkBPHF!y2lo_R!H{j7`gMzV+(u+K>yDAPy*?9f#0{Iu6+K?RR`E zmqTVuhJT_PwG)KjeX=SYGmECjF?}d``QcMN4otU4=;J5b zQ~P45u&{SA_P1b5vYvD8op+OEX8#4S4qO8M-oZ#uJl1BlgmA0io3NsAo@3a-kUrw& zH+-htwQAJt>AP3YaCzh!#{Drm?--3^QFAXjkzz+J_aEXnJwB*aO+6H3p_(Rzy@MKq zgNDb*WT~ITVe;7Fe$JI;qblA!?N%3NFY;=?gIc${*W^50^An*^d@;JuehXnO8;u$o zjW2k@WNICPp;&zp%l%84^^)tXs!3_+&6i_K$hIK!EU`PCFYUav-}ey7tNJIv)v=f2 z%5efnm$li0I!U?1w8N)0F1p*p^-yAJ;pwe{NRqoR(}?0aD@=p7jL z83Z;3Ja$YrDpI}v;!&XD8VQ_9FOnEh?rD+q!hN+?Y=RFdQf9&TilK|w^2tTRT&%>z zZtQ3KQnpngub1+E7$PHc#PZCKItPMg&*bo_aLhRy#L43T_4~V({1<_?PnhAjqe}vo zD%a<)iSnD`ELD#~j{R((p&g!>_Rs@!p%iZ*g`NY!5IW68l9K)>aczw0F56mt*`!d? zsf1?R!9e++pfOOwE3a=u`$Km$OQ>B*9=*7H)%RCJy1ey{D1LggQ=FSA%Pl!wy%|q# zZo%N-zo|!9J%@oOsXv$uZuPsqeM{%a<&Jd3^{CpaLSw6+uCJ5n0%I!8ZE*T&b#1)@ z%`8<6wt}Rus+H~X(=@IZ6)VKY2GFlyl-npDf>`RuEO_w^+L8&iZ88LpRQXVKW}-Thj_g9Z6~26dlo849-&8uTnA0d4 zFjH4$i>czY$-Vcv^Kpea&p@%p#8P74$)8g%BYU@&vNwW4!!IT>rrFMR8UG(;=Mbg| zux;72txDUrZM)K_v~Am!wr$(CZQFm^>biq|-y7UP_b?_giAj8CpS@P<@O&12qp}Sz z%>uC^r$42#%=ru)3vq6yS7?I&MP)W#vD-~7q_pE&9Hz1KALH>_n;Z_j!b{C9ZYR6k zO^;0)UJqfbJ)w^gEgI9kt6~q9D37seXJ*prHA$?VcXzdpLWhNDDQqhm&xPj(un}Gl ziJuo>t6(Ay>m1f*G@kSN;ERvTiBH+fONZfIpbj&XYV*&RG$yCm^i}byGtwL#3h&%N zP0KsuaHVWF5|;Fbd-7wd3QM*ayWSC|oACyC^HcS%bh%U(8q|2$we2Sw|JknBb2YV} z?MS4fgKmX}ww(kW-?6OyBAr2dSWDiwd?wF~uoqHe-Pimn z_&VP&Wbbx-}&4Fbv)U> zR8wf+sKmyl?G@7Tq?KJhEmHvH9{}eDm`2K|lNN)VwS@@z0c_(DD&Rqw+lXS7Oc>^V zfv3pB=+eM_UV%2)ny?F!MOS4W_|gJ0mT;vun=Z+r2sHVI`6N7O$2-H5j2LZ}eEe|q zEwC?VoFTp7_A;7fCfR-A#m?m2R#G(|v1zB6kPGI9*%Pr-w~OrB?xyqX)3vlZAUkd$#`N0oV1@rEN!e)UJto>uI}$aXuSQK=KQjzL z`dgyoX`V$QWEKN(;XpmJ$nL=GMp!sWzR+|PeYDR4za(Mi=eA2KePCZUy zRTrwnqT6dQ2BP==W(eXIGb#tHNAIxl=W@@eC40xrt&=hdlN&O@InU?K){&h_*0X2{ zZgw=Nz^#>}GW$XLbQ`kKt>Pc5%F(bTf(Hf3@$FUL*``Mi@K0LWe+d?zMup6K8l~w9 zNh3lM8i?pqSt+UwC+=c8Xr~WIS|ci*xc@Z~PN^ zJiCH;mMlwhXn3+lcb6|pVksj-qJj}6iEsO~4bOV}-$vpJ6}7i7N(9U0{oJwiv|eql zgU5*V=2*i%cPdo17$gt=u9kPl=FDOJYRty0$;Y5hgm{gPCt_FA4@?yD1<10h#9w%8 z*!`Rte%5$`zbAOu^zv1G-6fjt_NOGRcd|Zg8HZGHl+>^FR*ZQ^BgRY(2BaKNWVfp>U>fqH)6Tl~E@{$;lT`JbAm7CJu)xE@SsO7X_XNz9|1G+n zXu6EW#x|{o58wW}R)fj$+n`$x9h;DhMusq-XYwJ{J48#-wIsInQ22>-n8h``9>!3@ zUw0ao7G*DZ0_EK?v|=+`hW$<#=?@LM@li*3`~q_hI%So%|2s-kFCe%mGycL}B2jKj zQK>Lt+nr;9yC^QRwwd6avy+?>Q5N^x03vIqu#mc_%vW`GO@60pNau!6TLYWan}+jo zrySw*8;O$3a)`6gIP=0(Jj(BK{5QH@ND5Jn%0P!akUB*<@sK77*89dYz!}B;E!%8s zhOU{g{daP7pYSd^~ch zqsQb+5fiT5)pAY~x*`~Zh9a+apmk%lt|T9OUWWy{r+Mr)p92k9nh|-E$#KNiC*ZAu zbdYAW1Ea8mcUv(eChe;>Y~SEeE5�U5Ho#pc-R26U{u)P9L!c*;cM90-G6f5{g93jH>%hwl`H!bKTTx8mPP%A?>BguC;x;^T<&3)49RWc zqawT8TppIhnweozd3Xi-hoo&*PHqA$$;6%7h* z7L|oe`#%Mc{RsuThiriI-L{D*HsN<+?fE>vvh3gKj+@N#R>=ss_03Yhp+C%eeu3q*IHj7E%oHl^xShHA_uuALBOC! zol3LR*7LYdcJoN%;Sa4wreFHI9l#qQ)XAi|0D z$Z#Ky<}-^KyV+baQI2z=xcHCBv9M*|Upv*6MiA5 z6{5Y%{4l+^_E&HBX3peXjKrGn5XQT=XLX?LcA}FuJzs}X;E=`TKF_60%f5LOR_#V& z3P#I#E_*(b`8Pa|^KJPA4d`Fj;D*O!v*SEeE~ECIiL56G(nn!-nfQ>uE1BCS7+Pb{ z$8azS9GphX>2^;J7b>pL%GfGhc}Ih6|_C z=|yx>yB6lzGZ=?1h80&@7^e?6)PM9jBGyXr%{MREW{%Z&~LG`W_I6A<5gDg zooY28@y0U}mos~?8^AtskZ5GXhBLpa>)_3TlAd5`ZsRADN$0q)tfD-&OdE#|T;DHi zv@P|BIwz5#PC%GWqV`OKaY3arTvonL#XrC{sv~hnG1A~ClDc8xdmS_n2A`uj{TEe9 zlZuW-a-rZ%qZsG~aEC-zxRMfo`QDK{?A2Gp@{|K0=d87!8+e_$KJ8^T>$@k?w#Rc? zDw-vj$404^2vbx0^$^Yhe|kBNLCp({>8ds>JHz0h41{a1J*0Kj4G^5OwqbV!GacNF z75=!wiecKgsabZ`nz;nxUr>3;X&4icC!7n`6~*ABQ6ID`4>c6MWQ31R;xRhXPnQTLzZ$YD0Kd_J&`Ts0a* zZDi>p-Rtw0$;>!SqF3rR=h1&`1j^d{}XL${FJXp>4 zKCfd5xSv=a07s5xbXH!j(3kgXsD z{V+9rGZ{?6Ui^9s!lfujQ1_c%eNi?sC-?NF)>uLKrOeIe4M(1f6@@Z^2bS1w?Od{8 z*?(juuKgP_$MyJ{Ke6eA@hPtmzz++P{84biYo3UbhWcYDKauBBw62|tJT8>Hah!t0 zvA4TQrhITI;R$WYwf?dy(Iri;R;6F5A{l*+g~i#nk@;QI^l#JXniAoKys{*2VHr1q zL`Te)X?5@#24)bM7x)%LRr5E{A0Oz03>W1aEqu_Noss_R#>?p>3}O%8>f`r(XMlz7 zS|>#1r2PojK*Loj0f9#*IJWwe9ap*{8|$uK<@LrCyNq)#q2zs{=Y`4Mw*gO0LGXvJ zr}$O0@T2VdO8mV-R#YfiCcJ*B@Id}_WKetS(W338rdWsoR_+@z^~+wm$2+ujx7&6Y zID=>-7MIGS5Xl$ZGt!&DB%vG4`im((^@p4)M(jbQ`LVnR=an$qAF ztN-g?9))3o+4*>%2-G8yy4t$}%VgS9aiU;LO>4rez9dTlp)Xj;!N`{lZZYSpz;Ks8 zQ2(ZLjFOtV6k3X(?3_bW-@PX%L>_Y`3E{65F#I(&4Rv(@j)=+~P`9}Z{Y9~@or zULdORv8tXpMmGSCFs~asii2rIq+7cmpm}9R*?>Yg6AxA{fqENhx9vLTPLvy03Y081PmBBsb^Hv zuoq-;ZzF_O{%YB1BC>Q}X7hDsFbs2UI=}VedPQ_asqWo`SLl0b-iUoLY}|4iZU^vv zj;DwsM3n;-uQTNHXC#zCzM#%`=UZA8wV$5xtOML*QL?IFK&V4{uX~Fd<}it6Z6pSljT~5qwfAvpvmb$j>N=b5XQf`rR{T%H1Ar4{iKM zkyiKK)B}&C+oxm&n+yowtLa-Cx8nyr0PC+AGvev$;P^$sgZ5U#6^_j%zMi#Nd7O!y zxr8k%@z_VIZ8sKCvu8I%yZP}`xM#Nqg4m7FtgZ#i4YJ*KYWwS`n%K_rCIDRmzIVxA zf(gzi9Le7*EeW|~A2_(|d{$szNd*Y{W|sX95old3r?Yp1p6JLzTsp)14`FV{C~ zWdZ$Fxa<8rDwy8OGm%!swy?=~xcdTW=V@z2DEpwbr3_-2a4JcOc=}4b`8N!I6;k6> zuR$C%o_5-U+34SgWR1^k$h(#Htom*PEila7#?fBANsWf>R7OuzL|K2!3=b2lC!Z#z zV7iyX;?&3${y-A7=%@adw2q7Ezom7otp7s={ny}Q<@le||4!>TSpPrLI`@C2x$Tu6 z!tgWU0>t^tv+kE2Z7?h&#=q$X;uN0IJK9k5Qb=Us2}oe`#GXjHj~Jp6b_pCe-7nog zKU%x3rq$`Y9?y+0>mOHUx#?`yQxGHGkBH}jDm`?(uz7TP+(BN z0SSJn$N*&^^f-zo{JcrTIpIDcN?~>ru!T{)i?iU7tA`g7f7B^(q@*OY)30j;Mdy$< zk$yr>!C%3yfo+DaU_pO?jKDBqgg!n=z)Jt3Vn-*TAl=^IA3(Mjydnc)9Cf;Y7$`TO z|9}YzZSfI3`|Fc|J_^>v2^8OuZ?*F2Ok(Ba*CMsfo( zb@Q(;K@cQ>4)_sUd5h|UeRbjl67uc$3;8(wqCrCY-oyffAkm2@Y(qo?K>brF69W0L z;rTXkWc&gO-25R9{6h&gLU05fI3VbXIdHQi1jHsL0tBV9pZl)($Bhyt`anX+pw|-Z z6&=E9s>0sOB)F0WEJhspdqM&H0s+`)W?N!U!AW-yilJ?Hmj;q@YiC~_>lt4XScP+G z8nmGNJ}l^;p*fmMcn(M@uP808j1cGm!rwh88_d_{&p}Y|C;N9O6C2no5wfH|XbGGo z&=PRq8{wl!051_xQzs;8-;DtLj}9^n49HdfAJ#sE1E>(xZys)lP|nZhk;i{zF!(wU z!y^hPpl{Ew%W>>NMlUejlLx!^8w}Vp91Uvfi@Q&%H+^w3vS5zBSOrOxJ_;%bu>T-S zfrp00fPsJh8UY1 zMS}FFar|S0ZvFE!|ET`Q&rJRJGb1?-3h`lc`WbcmvnKQ(KQjS@cssuN6xtavVER9^&b{v|J%>BLE(t+&@kV!5)2#a3%i&ozN$@vDW-=9?P$QBaA+DMMvS0Ecvh)l_{&;0bj%Msg7_!tG6VE!oF?t zxj}&iw|B@F7`9)<61L34pxHV#f2E%-K*UzTE%eqP-&MVNEec9HgQrJp$^&$~n^je+ zU8`0}<4U@KV&d2$f|hl-2KnlNGj`~dVFbo&hx7@?i(wRI!A#Y~?U?}URhfM-bKI-MeIpHW$ zVVqVJ296|J0q~nBg{f1TFIM=bVp^|H#$6%+@%P8O!=PSIh@tKhsD`uUXlb9x<|zTz z2L9vFqFE2#I>7Q!Qu}4aoKv8GyR_+2J@vu_nkMu&J9&5ucC4)ACC1NBytDiB%`uF8JGz$Aln&>Gp7eMG?&$nWr88AYTZ zactpW^1V+Dd4%X-8b*(6tcw9UniUE;rX!cri?Odn`gg906fIBSYCZj1DtU+SjG>Uy zfZNns5R7+20&g^Ayyni>)|Kk%?K4$j=ghkTS}_diSmKN^SUS`Z0Sqn7GQgz{G~Ff) z+ph1tPRyL-0|{E!kR~4K#OXjB~rSXm%s!X;u`H`qZ@Z)KLbar|SPlEIonXuq4S=pf0x=IgIeGr`m z^pjTHnGHjFjS7RSA*kNexEDV0W0;G-x@@-WEb}x^_e%Lx`NIp~DK_w$s%+`jkk_8Q zQyHy)&v`QquN4iJ=;zfX7b9cG3lp)}^&!_jdH-RbW3k9;4QtLB9&b`r|8BFD@nr%Z z=R+n3NHKe;yRHZ#q1RQ(XA~$FrP5k9GGt-cG-y%m&!GV4Ju%Tnz}c*v!cK}!}w?{6f8l@)-_f}Pr6*mP;NBBRq@-2E$52p7YL#j|X zxv6RY<2Q3aj!a=cSf61qvdPcq$H&^t^o(>zK4hBk#OC#{o|(_q4n|97aLiVb&PRKd zEqJhy0I$y8IDYX#h;)biY`6?~l-wqEvCm|Z32+_|-zW})PjO()FE}$uNlT!8v(BgR zW}h@p-xE_4zP6{4c|Eh>DsBeaA=LllufJrjkSqMH!99!mZcRBJUFpbZ4h4Oasar$v z!3|Iss#3=fY(54T^u!^;@p!M)%rOj#` zheo|f(e9t`n*8v3#LZ)3*3e2iRfYi=?;Pd#Qqn1RW~Hk;UU}LHGw?MLX%#!SY%yJ0|1#rD_g?}6vmHWpf_JtDn`^50 zKTp^*$)=5WK_Qq=4b*Aw;r}A$H@sbs7w=8Hbyyb+ff$(h04P{pL1?ql?wY2Ja6WAP z00x)n#hzT}4*cLZ4vEUGKUc{6BwzJVs@p>BBXj(W{C3>RSGs?zh{G#B>Lgi~i`o)4 zK5O9Nt!nWW+NkRWn4zD=;m?*XZXq29r|_QO>4TXu%cLPiwW?O zKP(br5}r$TT8ww&9=qR6mr12P_!al~-W_C=-Asq3mBBz?M zo}r6dorGY2==8e!S@3!KGa}R>MRhZ{7}2x&1|c~I`b(oByzPe^E)8(Prov4&LGXj^ zv=#UMlCtaba;9kie)J9XITAu9=HH&xY8Q@qqKMg`)0a4jrv#jaV^q~=&M@V^J<;#DP} zdI?>B3a3s?#4^n|1tf=nIos#mY{NXI!bQp2&ex*02p*q=?yh+cjsPsWEpr+u3+S%U z#I4?ec3TBbNAWrdwr!Ffd&7xTk9#goRco2|R{hSr_fSlQgk(w zuVnI#b9^mOE{yrxSnRMp0J%ZQz63X6WtwX#gJl*|C7D9@eg8~ee(RTO)>Aj>@=88_ zLG)elsx3!CR7T!?6P7R>M4+)G%1q&{p)c80y-vk(l}UYRa?iYyIaT?!g$_ff4p1dm5l1Zp#vTZ#$>N{1~wV~p@z zh!v6>*wq|c&?l*>FgCaJ;BOG)nCZH*3D7P2Vh#S%O5?7hdt2<;-#k=TknBJo0=(-F zk5@7uXSbrHs}oLkJow+Gmo^l=klkL|Naj9Nv!A$g>8sqG(ggDIJkFj+msU;Odf{3t z;Z2JJtt=Z8g^h2z-B0_xUm#Fl1hv5ha{4-c?R=P%L}18=oS##y_YCcou!qp|xyr5n z?P@=D#F!$`StNw~f)Qb~M0v1EQ81mr#xYYMNbV{i_6@rr<-le6tx;$Yx zUmp~|T>jM?8wlM^Y~`r5)D&~nQRyX)y=Jb{=4zA94{w(TA2B#MDUE5yaM%)Ib|!bw z21fHIo_@R2*l+ukp^riBjcuEo{&Qhb+f!6&3pltH4~*Y3`=1Q*)XZGBJM?9vnFHNGw+OD&-GvuQ#;u4+f~HJY7= zlSw2icT<-~MxHCh0vZraaqSaCZ^A!d7G9jjQpMn(S7;u6EPnuoUR!*^a#=uFz}_KR zLHA+iTQRQsHLR=964+V=4$tR(QkvVmiw z?c^LL3{>LRfPw;ZoGjzug&9?-mF9e#Ym|v9$XFo`yu|F8obuMjvN)N&jb98+0)<;& zDB|VOfP|WSX0-}?1(W4!> zFi2ymu$MA4GxE$&?MRfG&Id5C1IyJsS?1$U>RW!fv zRiirv)>U-Z8iiwLI4`UgN3r>1eoJTvNVmPbv-cuITrXrSCS64{5&Qf~&HunDj) z;H%I(vpU)(*7w3S8xAuk4_ODHn;ji=!SF5yL$-W5SJBH~r4z7~1D+bu+=z-UdgKuJ zzEVqND=GUKEJ0lqyxt1>Nx#zg$IE_y*m|1w-HUrs5(kzxJSCd&h-N9{YmBG63IjEl z7EZ2|r@A`#r+Q2DTa=HdV#0bo-hb3Q7CKZsu?-`Gz?Z+L&SKE9VP1i$V5jVuKfbeh zggj%fYs8o?#@(Xu8~vvF$g0U__AwWyiRB%7!J0PjF=Cu8A^#vRYHXFDLb)-1FA~)C zn&>MB)a!NsMy)aJy*5>iWA5*PZoc`X2-Ci7H6B?|F=7a^<3;KBrm2LHH+N{#qnoMc zhhgjpk-!cVKz*&F4fmE(7#q$!ch=sv?tojyX9Y;D`kfEbQeTBzhD?WZmmy0X_`fSxNENgX; zm#tRU3nib7(Hi>f@=2!E`e7#@s=nYuStj{?(+rm2rGL>D)je3<`E@g;f16)l|$JK8A8_qu=hzFPkMGs;2B zv(#*}@B7&8c+}+{Pb=RJEMZw=NcPRj-|^CYZIoBP34V0IpOyB@D7mmfyC1U5?tv$N z2a4`;cpT;=Rxj1?-RTop;XZIq8#JKc=p)2b2K3m4_xI6oZKYmUw=q&|Ig40`ac>so z&7G$HwO?+aT>?QRt!Fs^&}JO@k|X;_VkK-WPTT1xCoCcX*MHc=^%R**718xq?jX>T zS9f+9T>iB4Y+>#g9O$m!p6K%r#i-|4$0pK8;aj);S2^hhr8>&@+UXs`vmKUZ^Df@F z=-D{uu0F}@IC8^x&+l9CW3+MYb0G4CuiLPW0EK?kEM=9rV6C^r+i;T!NKN9u8%i

    jz0==`!Gt#P?!GTUnP^ijR2a%T*%WM@rsB_V7{6 zh)mQg4{DR&4;=gHPfqEFLym3MKrxna^J`tPq|2P7%DGKsW%T7Prlrpaud>aQ5=jS) z;~hmcU(U@D7bNC!F)W@{6L>2Qnm;^g+`%-T>rs5SSHkLRrWL@6Eo@(K zls*-C7)Ia)n5FyPCyv7g6!Cti3}^iV@9veiW$+&C+XErt3y+f(bH)A@A)>=!in?kUt5X8gdtt44r$|1fVRTq3*D3L7g7 z@=96`2fp*G_F_dS@cyWD=jqwTx5A>WU$W)8DbNT{#jthP;qqcLb6R>+jwpS;vHuYt zU#G!_)yGUMdfDFA1}$2xf7a0_gqVGsbUN@2>;jgZz3ltuCPb{`&FQZ_{Nv$(SftEk%`L`kkiQU1bV-eh4<#e?IGxa&mDf6 z3Z`t#QtvBw8JG(08mi#3HrVBX*`yEafLH8s#CrG2uCUKorDe*SY{O_?EH<0_X^UR#^@(2$-OHsegc>2Lte5FM zXMz3FY3ixhl1(IM!on(GS`&URJeFK$^9ZU2Vh0{ycbdQ~{X-sf|Ycon~+-_-lA94IleJtGn{k5u` zblj7cM6a{YT`sM>pheoW7QJWWTn|QR4QMK;9D|U*qZeZBr8*;c8P;afOe^H7T>DVn zSGv95r zd-)wBJ#gz_G`bhduH+X?m&GbP&@T{$Eh_a-ZsZTqTIDTTvfSRORpo8O+WloOiX6!K z-Rhb8=)^1VdyxZX`<9gWkx!q^B13=xNPc#^zSA$kX^?t!)r`|43;h?d2HPbweTIQu zQQKE|Baco$gVJ+JY`e~=?^5KJhw@WL?10vbOXK+gSN}~fS_f;9SHJK12Q$C4>%lRj zsq0N}%2y`LaeVH}0@Ujjti9PLuNpgnp$mdxZM`u>j-&h4^M?x4G2T48mkkqPX^ z-Uf;=+H>}#bXToz3)S+La7s0VG%Dw=E4M}{nV<70kE~5)Q|F!U;j%+FX`g1}@C(}r zQ>@471)4BEbmiA>B1Dumzxg>6jzDqCjYu~SIFrF;>SXCsMdoYQBoa%$!cjwq8*-A4 z+iPHRU$?1#R1yDthCFOE`}h;IxSX$~0ns%htDOf%h2N78t5mS|?n^-k!Itw8oP2eY zaj(uRGaH+1dR;eFCz*V_r3XXh_tDkhH+gLVWtYB_5FNQ3q5Ai|k?aa_JsZ@pel3N) zTu$Z*1Aj8uB2TU3*1f(OOWYsXTs1#y5K{B*Vc)~>{O<7SNk)>L3s*qdrO-4cAojZ1 z@qPvkpJYh3F#nNj@#~XD1Yvhv&~mxkK!82o{ByJAB2}c_v5dh=f#A%2!UdzPF=`jb z>*GRZ#0>@4CgGIuo2o$`7@N8(4T~TW2{(X!-m<~q^|4udEGfs$%`-lds&9<`uYYL@f1u% z&#yqJ4sufd{>>8{CU$6gTC;Wk@%KZb+5kg1V%&`_O3c2y_#iHEJ3jkJl5~3ayScg2 zD?)sR4>lAMmYJuoSqAUO6=nDbUV2%1XJX>)F~WWfdB5)BHlI~sBW|I4JkfFq0a4U! zR$dH4w!2-W0L3_1Mpu&${~}0Lt$k1gSp6z27W+wUrp=;w&3ksudHao|${}db>5}xy zo$lLx4lrEp9b~shc^8>nC02T98HYe#nADBZigPx}#{)jZ-RCC&siJd3+g1{L@a}{a zyoX5lsmPoAZeaUV*=@|e4~fKYn5hr#L}pdKc2^eJYw=>(s6CJj%Qkg zbOVC{(rTYXOt6v_CQuP@^h|K=q8~Lk(OkY3q>-NM#OZ}_D*-Y`ztSdoPN1t2g~0`~ zE3NZT%P^*F3-6Gu8xPam%Gf*k;tc}u5KO!?q&=dvZT@<__WThtdr}OC;cw%p;@gP$ zyOPK3+Gn1fpFuKR&C zRgR#Vt-Uk5fk+}_J_J7ba^cG(9j>?nb2|B&adpNl#kRBBQ^5rfw_B%)I;Dc@`Agqq z8cN~l0DbIp>a1_yPfAf#e(+%ZOlsUWsJ=Y{Y*QG2Wa@tKnAZArJ(E%6_Zsxvn4*hxi zNGN=!%Zq`Ud?qoKS2NJi>W?1~e!gqhe@kfpWv+yFhL$kAy#Kc|$wbJ+%J{$gl*~;3 zwNJ^x#KHCd%vg2#$5^%dVOKr?i%-GdHgc9OEOHKuvFQtkZ<*gFq*@@9h9;&WBqpO< zAfgKQ4=!3b_ZxZO{n>r!IqkYx=h}Sf;s0u{z2u>1_aPxN!JI(wg$x;jiSX}h5d5u6 z0&DTFCJ6x&BnGUbGXhlw`^f;e#~f0~1cj#j?8jABu#ZHGpc3@Q!MB5wRB>_;oRSy< zEj|f7J^?%^px{s4R4=ZQxn>^r5GpX}MWDYHB`GfGp0Zf`TOKk(jD}9SA0LQEzPBJU z78X_i?!KUjIwv-82w^}6QWeP-x;iq912A@e9u()wDFK!HF70Db@Oh6&uKI2|(K)?%O&8g%;|NT3(Q?&9SEu){?&~a4lUY# z&`=OFc(N8b#ILyDMiUQOMXbGJAYKD*Pu*0F`uL8?>hUc@-QI_&bQJuU-(k?r%|18ypeGI7j~@|7t2!{u$PbjapOW{RxF4KBKa)4V_|IOPj>G+f`^~A3&2PUnq8g}QxxEOS z3!Z-*K<32ujr~9E)LC8$<}U^epb%GoS}YBTIEg4p@a&B-P>>-5hJW^;rtpF}a7$wQ zgzw_aPV1SSmCJGk#z!VN>qj1h&f0ddT7_DWn8fw%Q z_ZtTUG(;C!5^<^**uf&N4hK6xd!FHl;5Z-OoK-%wS2OVPTK{x6BW$pHU$O5I42Jp_ z;E}rPyiGcNUgqo)=!>!&3i0P>0^-tctkXg<3MCM}NpB?M< z;XSk2PC;ePExALBD&1)=YM@D4^=eo>0Wu57$HWaSS};nXbj8PFOcbaiZaVO=W_Q3R zTBdK&s#kWO57cZvb z6(hwhXC0o;eWleTGxkl(^vYe_PNsh*(eEr&Zs1Lb%-K+nqHASn56d}Gic#Z(h}9N5 zP<#@zMB(v?w<3Mv1um*I+K?{U-{!^;&UIq*J)Qr~e&?|cmj0_or&6dTTnE&-U8C;g zxtb+HDVEVv@Q^oN>cpdU+2t~%pA1Bo0R7#4&=CSH=LLK4Tp}Bb=BYX^HFl4AWcrTN zg|nFjmzj+BXI@$uSE#sw!D~{0%y^XXjoJ;@!&99ADN$WXY=jy+V=$V8=7FjW3r9eh zd~vcwJGSuU(gzRav-Zn~Ti$D!-Bj~V z4F&26gftFUynp4IxCy$GL1!uJ9aD4wA!>3Xp>s8(J=X{CjJ~A@Z*`CBG)Xr}@dxjO zcfEDnjqlpE^){8sbyBP6Q#E4JSt})-JkTG3dov(JHJ@m-QaH;A@e(KY z=R)buz<|RY?5qgs= zA@H(eR?VelRu%E7)dm0lXMskLGn^JbYHw^rnN&8HcAoU0(oV6b?tV=SjS9|-!t>;eM+JguoqeW z8$RU$R;-D5j-8Q;{i)|SnU52Vm}y#uooglqVduK}WbkqcJDQXM^_Yka%=t8En2(z* z{S``Myp?m+9e10oaY!}WXl|RS)X*!2#6Mxojxi-#>Q{oWgaaiT8kGkSG4!@lymbi^ zW^4%oZ!S4pynxfsz>@0&k-`A-@~_oA^?rI~{y&g28FoaD*yJ}t6!hI_pE?$Q?vw(o zk!kSJ8DPCFAeoeLHX#p-g3i(U2{0wMSkbtA1}qWa9)oy>HSlH(&bDr+NqsOh$7#27 zHLKN4i1{mAGa4YueOut9fr4=7TeDcn$`t9T`xO><7Lne7#}P#c+&W^+=sr#tlf`7J zd)>lb-}?5923ukzI#49WIx)@Z!W{0b=8WD?zrEBRE#95H3@W2b+)_Jg6+=&~rWI8u zy{bdKB_@t;dCnn>psJ7TwmOzAjDmDW(U6X?+_PT!=3yv(WKq&2G}*s`tBsehk1gA5 zsp^Br{lf@zgy9MfBa=nKBNB{y!ElYY>ww&gd;-lBttlgVY~Rj_Mm-dEL+xJ59Y*;x zz0rCRtD`4WcdTw2`RyaPWKaWmN=+vFn5^iXbB$Ztidq=&CShl-u=_QMKO9L?vJoh{F>#$njply3x7RZ*%+=J4e{8-OKLob5c;DlC8ws zvCJOddM-fwcl6NsI+=Wo{U`&s3;~KJfQj-9a9cpBNk#$)||=g$(a>c%IQu+JMujq zTj9fdCMLJFOf#7LDy6H-fa=pI^${=WQWZs`G}++b-$^b>xbP80;ogubt0br98gOpW z8QW6{neZmb#9#VCWZ!-;3QoA5}+Wc zCa928!_5iEC6J3&)%Nz29$)8M=FyJ-5cxOOvD&!hEuvUshPh`?eXn#rRnFuuF;+{t z;f(o8?>O=&9mT1AMhPqFJJgx+*Bp0}gEN9ow@Pig4lej8V%br`m>}Ugad#ei=lRO1#QTe*)^kV4nkVA{pEmMQ#j#ht$VU5P^*FT1-CO z6ybvIibS`wQ6HY8W&wub{5N+dQ%t&SMqQ<<7Dg9OToSXJk~cTq>|)meSfIP-F6Ad0 zFnH1FgE>Vj)rx@_KrE$SlC|Zvq_&bOa7}k43Pa7#hZmi4v9@_kN{w`EPx{=SFLFhe z4u(yJ0qkp!pi0msPvo;;%rg>9BC?Za>w;8{bO8ykscEI?$YSW{4c905zX~TAD%Ezn z@2WcoXIMAKwQv>Ja)qB zXKVnB;-KZIWv6a}<0KtED4FEF9OK9LG$O{|QwUa%I2$K}v}Gu*;nm||;J<|q6?d;J z1SSwz43%lt3ls+pTU4t*ee5}Ua8yYN-bITSRWtjN=rV`ex_pMos#pdNo*ptYUeV0z z=jm&E-)=|4^>DoS3efMN@u96Y;#Bc+PUULqc)7m{NLXC;BLa5@boVupy4@&<8trW_ zw0t{uD9*DclraolL#l=szxEoGNxbsaJ^Oi8TiaaDX&c~Y1^T9DXe<%dFr7HUk`Y2$ zsn!ebKs&cVxumB$gSB`8{1)K^!@j;9L9gsj~qEM}#>hiy-=*B&CW~h@h_jLsh5v_>z_@ z)HC^T3KmW(#ZyejVR0I-gx1*jNVr_>30>w_AY5Wrtg)ZqsVUBKf=kicaq7wCW&g^g zSrl^6xMNjhXkH(t*wO1WEKx#38(w=i<(&=*T;EKGDC_Sp`}JLi^0fHR57kEYeZ-6t z2I&JVJ^R=%8qr@oVxTUiGAUDpmq34O5&#K3IO&2~8@zN|tBylj(j- z()J|E!8hUA+#`tHjE_G{xaGQT?Dx{=;8;$^UCzBq$jK1!mpMM} z<)~^vgvOZi?ob@0F#~^K{XS6eFSR+VO8LZ5Q@Pe^dc{v+A4^#GtWuaf8w~=4dxg7; zt>ol7<>f3{&+it>&wS4aWRJuYv5xqAWDg8xkxg&ZErJ~}0>j!Y*$;q}?gV7-qxrK- zrNL9s6`Hn$cYn2$oVyS%2N_O649k(>tZM&=RqJsDo!1+Rn?z5B-S;3>>OutU3>0Qk zVadt5Mf}MOv+eG({`QIp zE!66pB$Q)3oH{?t} znO=#CkQ;-gK*~Wlsd9IHycFTPk8i(vWY95)a{tA(C-b$w(QoE*NcWb_KijxTtq`yB zadrUY3gmkf*~2@&`8LHM!G#~W@6_$({mvT3?qfB3-LR|5O42LpS8PNtjmg(G@aoY} zS?Qd+qA_e^jY^0eIPi)oEj3rE^cUCsQYu%?-sW6u(`B}nZQ8jR%5<4vaJ8n3mVA8 z6NlM}FOLjLaUr*C83Gl|C#m4 zU#3y#AKmqJM-cK%as=-I(f98Wu_|oA>RT*x_CrJB#qw4*9O+r6CWV>A-&ehpt+Iq{ z?uKTC1Pxgav1V1aqX1MU9_uL)vR!M)J0l^J19|KREH&0~S82#MRbN-oFq@>TN3?T&)6H{uPLY1SFIK7A6Wac zx=r>BhflOybqs0WE;1}COPryHm6luav7l(Yn7I{zABjqVu~RnhX!L3dfN&s%xyAE} z3dy##hDIvA3^18%1;KL{vmEwWo4=P}?Z+gj0v|6bX>8$g^Q0p|w91D*gA4TAj$FRsyFRtk_lIR>0LdjPY*PH)pALw8gq#yfiC$c!sILDAU|nk zOly{4Hh|g0nqu%;`08k4Oij3O2VLUmkoLtW_xdH%QRiLY0nwgu!% zau))jHR^pR96wy9--L3^{`i{=ADqOR8YjCK*W~^Qx^~}c#Ps`3U^KD0sp0bJcwc6# zpHSXRNoM!pRDl6g86@UVTPj9lar(&9@5i`s_(HIQh<3`DttFw!Uq*tyKb|MJd$7(W zc2sV@gG;bXsJX#a>}pDp;VRuU!C_eV=f*o})`*yFEdkyGHG z>eYaJJOaif%Q?y#&WiJ;{5p<31_X%vylV$J0N|dFcZu5|XKv~}6>t!(PQ?{b*>t(WhC@)Up>Qy!i`dEM5w zt4j(pdavcwUaE>z*>Le{kOOVhUVLpO)r`$fX8EmnK_)cXD!9=21wOwuBqF8qFYdY5 zWY)dSkH}=1FHlQ(NnDb;h4ZlU=T=HKM51<(PXbAoomN8tIiq>HIZMoWz`KIwZH>J7 zytn3N-uB*NZq)9Z^tDFa0+b#ruKdq7cf5C$+=XOIvA|i9_Xcj?A%t;OzTj}!SAxZ~ zrz@MBO0Xg2|W1`Q4Nxi_9c(< zq8Nm+VtkI$^7JT}`%a(J*RC6ZVBd3fWy93(Nyud1*sxU`P0rgjxN`I)sF~^K!!P;n z5X^N8tYP%a=^^Sa72Yo_SMql^z!$AlDxR-JOEld>qudw7itJGmuS@{AlM91qSCHQ% zIwT1)` z>7F_j(><8DChIz1R=S#O8HjwELMnhUl*(Q@vQ(iiKcz8Pj!^{QFWgYeaN>@{YWey| zWMtIwib;NV>c0P~wyEPz1wMdu4V$w6JzcJSWTX7VGIhyOWBA~GpBS-mbwVBjF`|U^ zK9-)?49b_+m{~!<3TlVs$gQtSS9k%6t%N+&xl4Pj%UhX|z1+!rALl!J$5icVc{K3K zFSF+{ZZP8t&COH#LoH%Y$NxPL0hxOmv?6$=;E`|yF0&PWd1mDth2)<7Y{q}G)a{CzzrdlGS+te0OuRe@+vA* z(7Tf0;AlQKP+PIzHA2E&SK);mSYnycg%I1(op9yL4M8FluTzpYH?HQ8Qk0S|EV;7B z%x8OV7A_&=GD~B^nRhFc=T*K_%wXR!=siDeh516%Zc841mh@w^7@u^{MTE)O3~2Vf zIthJ@OXrp(etc3*99Fg&py+QU6-w%+hlYU;`cLXd$i=&ug4zZ{yZf2rZ^n z0jt|+>7!mlkj7XZ^=095xI~7F<$Pk^YH`R>Ii97oS8HgCA5^nfyLYM+*yUX z#$lTmX7C>6#Yp3Hkxu?dboZV<&lL$VTI!4S+HB|Hc+ejPHt$;N0&?m*eyU~jx(QWlI$t`F$(LAlsr^c-_JI4STjqL$&8KgSTys;p3ul0tx zQ#xMNR5YpXI^cJUMz>ACC=E1Vfd!*{&PO2*36d&b{%i1Bkqcy5?RiwJgmz##XTF^C zj10UR<%R?d^IOuou4C0Xq#7AaOBqZTQoZ1krnse~K9ap2*^CU{WS2A3L^Kn=R=KGJ z>>~ApkGxuEXuunB#2aYtI&Qp)$bA&e&iJi5#bh;iv^y3JIb7p>&NWIq@qLpOoUns> z(jhUb&0OG=%Soz8Zs+H$q^W0@P^7pr^AlVvtCn&L?d>^~pwzL|Xv@s(nx%rOo+B#@ zQ7H>&?gd;O9F1J10Z{1>NRG^EYgdP^krg|EW&{>wc)}m&Ra7Rj!>Y>bVzwJXHuOwo zwBU{vzkrk(56Ay$1j+IrN02P6|22?g#Ajq+|33rC|Gp&3#K8DJk91XrU{|*Jlp~js z=%HynUpL8+F%ORB8I?_4WpD}|VmF&M6yGHjL8g=tF{ZF-HTFQ#6t5soNL*e|BP<26 zd&XJ(_|;o`)j8{&<#_e^z5VRCJA41eWg#(R(_zGU0I5MpuafFNi~)cGb8`bi=s$X{ zcjrbZDm{gD$k=z|6SYAaKjjCv{tGo22&33hK9@Kt5&#Phz5b96AOMGtj*b8wbMNjS zK9B#R2 zE)G^I28vxFuzzi?9*wzw3+K=avJDTKCT9`^aH%iI41bzW!JQ7<2fdAPdQxtQRttsTH(*K0g_*cG&?(1&_IBi7IeZteSzVyWHN8l8hC*!E)Ngx#F2jS zLruUcF7(O+&F0k}KtC8Z)TadvUdmKDmj9&A4u=kT8h}M(#!wFRv~&jM2ze1EAhKTp$BqRgrD{!;I)$9!v;O)&u!BIDqfR`$HRw2|7+dh5_FJlUVdq!?W}2 z!$L03yV(3THU!9^3xq$df*no1oHi7C{NI4^y()I4f(_bxJ|?z7=s);AR;W8AcQ9eo zjQmcjxK{pqRvd)nb^`oQWHW91&kxLhMc(ozc#|G~9lSdy{Yu{Ra5SFMr!(45+4_GY zl!EY0*QtR{XyT$Q`vC<~0Dd8!|MWqu0Tv5&=kpa|bto%C8L!8^8xax2vLHh)<`B@% z_=RHaZR0L+8VS;$N89ILWP!|+>_7Mo%R4LpEo=n^DLRt=DcpSb5ur*Coi7s+U1kF) zw`OI54id`{US0zmgeb?n&_9Qc0K`TWZ8wMXmqi1lhi5hY5QkX zCl&$_`!+zhCr^G~64rI)6` z(3=A4Q9T51bGhY2uxozQkSJjvYLhZsE9#Rb4P!^fZCLB=+%yZrm44OYP`uTgL(62T zOIU^QU0X_I)iSv0sV?0|zCnM>1XleJseKEFC{zIs0uIX)#*!BXKc zGKJg2R;kBLXII$bUq)Nz>B}bq>ft5eV<(?zL@R~KEPdHyj&Is~05?~?>a`$YN-4%5 zsg90a{(G|RCOfG^HD-@Tg*AD?K_MpAIJJlDw#BO3Eqv|SEpUFzX^mcU()Ml-r+UdT zqD}aV2biT!nQ&aKVR2n!h4OiB=hXKFhUdsu?(Q_r$QJ6Q(zhhSa@YW-7bnwtlgT~ADAm@~p}6THXNkQsz5dCNlIc~)RHkdm z3yTu|=~;G&K~#m*!)t2N!yfdsK#9$JrP5g9VVL)@*e;K86;>6xaxu23RTN0GF{xQ0 z>zx#|6>|isorYvf*Nk(r=WXIky&}@$-7RDViD8%8+);ncKQrO{vpIBgr%6Z)xdF4q zHTi1SwOp<0tI=q97G)&3K((Fe_3#a~9}Gw9ca^@pY^#W0})gddRp#uT@Gj-M4tr@xR@QgJ0 z3@uSZ6EfLrT7lVP7uV)%!APS_P_>DaEz)kbar9Y;K~@xmcIzP-HRI?dahb;W_@3`j zd8qw#NUC}E2;!pxYt*C02Q_D7*ypz}lw_V#WE{^b_DFb4XF)43r=NCHKr9L=CAjM6 zo1=s)uo4^mo^WfM&Y>Y=x3(|aw)Io>vs^i>`64y#&$8pD5h`n`>NW5&zu$RuM|RVg z#%Txu&1e6n+1Oeu)8<(55cw6MUUt+T!Kqq<&*V6D$;ETLY1AbaJB4FWF4;FKf5%*S zeuljA(%WI1YpG-EV0C|r(Q;IqeUevX`NOdAAuM+_;IhwITo|3gT)A{b8{Pce%Rt*` zNj`2W!s{|4zN?Ocn6mDd<9++MYZwD|H+1VkxI{}pE_xpjM&t?-pldBdDPf%NvAW7T-Ep^j3I{TN(yvv6dWe<@6bW)5!vHh4%bjB}v1}e*b)K z;l+VDUO)ANztg5B;5^XxbcyR3vBak=eu>FRl4%6XNDdB$R(x*NI(b}JF>%>59VOo8M8z2$%W)x zQr52IjzZ7EYfS~e_Ho~ewnv4e{OTSyawYdR;l`hk>2%7~aYn!^t6dGP8f7 z=!CV!_qMY2aR@hz+$*#P^GXH?_62ge^(+`iysIfdZp)Knk)~Cy7ubblG1=v?*;dXz-_A`aqMiagibDv zdeCMw)s(5Nu~FkXZ)z+^&4(G{k!3lwxJ0lc%X;I(z+pO_qR)%yDbKkV!-is`18#g} zVWKY5HOV8b%Xv3`!?3UEi==yMWrL&Zxp0I>LaXkQ9*fN~iWp+@UUjj{NE+;n^J&L0 zF=Uad=z}1258`-gqU;RwY9yzE)x;4<0l}Iq&MKa~L0Px5D#p5Ez6GDu-+00oW&Kpa z)$v5P2PT$I^AwDy!d?$Cf1hgnfv6%kG;4ZXHcA$PaodNPt3_C60_IV`gNNdRV6E$y z=jT?nKx^9geTnq&HZq*xV1OUk(L2b{=@a|tuT~9eo9+ckR2c^f#Beq^Eo2)aGNVNX z9-@cW6=JI&CuL~Ig1B#1`$R4Cm%(czUe}91|F=lrHLd01pa*IZqQ+TkjLtksjylktg*yJ z8C6vpk=a`w!1UcI#)b2Ys0TbE7)y3#609YpjOYaJ4$tfnVwQNjgXHM|Ziv>!aJ8|sDs^jrDQ zQ2PIFm}H>;&ro^>b|&Wkv0+jPLRt9?1r`JXmf0301oBG*Kfk{ltPw^y5PBaT6u!LB z{PJ`$l*Bz0(U~$jpJEm1S?~|OCNfeiA%K8)H~etc*s3CP3k|8x1@)C0RWFp`)SiUdNvYtPFKb8PcSpYK;fS|Mp zBL6i=p*bX_2dzP~;8eVYqAGxCZ9j|~n7Mv_U)Tap@FaoIAv(w~I#r0{tq68fz#mL9 zf~p*pK^pbRMo7TCI@PKk`i{jY(?!)zF94PaNdazUK~WG0eR7OpeMfW3nW!@$#FApi z$#{M#b(T^7ehOn^SPGJ}L=l8|!0ju10c03Ml=w^_F*!hP{|XL(XF;>UjBc0!@yYY( z19loU{p8f*MgQPr0eCEgn-NQOIDds;!0?G==Cim8dd1KZM*yQs^l)$;VES4?B_GLb z0+i}SDTzsFmPZ(acGfT@VRV`_p-7cS=ywPS&_nIL7Vjl{CUQ*~6FDiwL_*?F#&Bwo zUpC~73=k1Pq)?>?-HSzhC~pL080`RnbclS=v_}{?VoQ{Hb72_ET2P(VKve(;HPGb* z#PM(U4M}Mbz$s$^otLZ74MaE*K!HPQ@em8*5igV+C83Gr>6ttN7JQ6@^Dv;{`w%ByM+;rsBcGr%IV~nFpm1a<5ufkq%dR+2D8&2mYq7j2)ilnt}k>p^| zA0-HIl3fSsa_ z)8;N2z@MSm35kr=;C@7d#VmgpdrOm%c>JbgJ53SlQ5ymB6w)jUyozXimiTZY4Q);l zN6l@jcQnN^H4K% z2%tA~L-_~OkdY?z&@H&5<94<(lOsmK@&NX_Gt3yUld@j|z29cmziXCr1yR1sL_3$S zconvIo0vQ1TU}36eg9Ax=?WSeQc#4lH8fuJ`8OSvC9S)zSRHapzx$)NAUQrxw>6#x zf|QlnxUtr*?)7-^9w1QI*RDBLt}x~j4)Yg&R~VZLh*}N@TSr)H={A(Ljyt`@)cp-c zRI72sYiu>ox2oU!yG2?zYz688EU(~4ot-48;|Eg&g2 zi$`<4CQm&zYGG1g)HQQa?>%UNA~2?l3u6Sfi_Zc7KDF5$6?yU$G9+2br&slxdNx>4 zUupuL+LbX|@xD#w^##NgoNogc`UdwoRDf-Nb)stgDmNTqAJVh7FX|6!oF3BnQpRv9 zHpyE34%3g?jE6P)n8msq>usk7YGn^=|e-ziaj1 z@3I{P{l+SNjwj#rY9v~_o=p~R?5abrBa|Z_@4v1$!%|{c3v--?)fJBXyY^ChV=)_> z3%Ma3`bPXn^%hnRlh6Fjd!CHrJ4a6`8Zqeb*1JwC*-t+<+GEE@-`XPJsvMxAbPQ(X zm|+^+h&*oAW<0H@Ix3Z)8VPD|%UeJiR8Tw* zU-y=EC^(##&V-AjuL~W=GQFgDE4588nt95N|8OWeT_-(e_dZfhJX6&y?jb(n_5S{q z*eJ@29Y)^k_!h&PZg7#Xnja}JNL%P?upa>Q^3@9xF+1sgNffz}^|Hq5l}yThcru&C zm294?`Bm@po^S0jQ3ycXOfC=mV56>)H?_v^tgRDjy}cp- zn&zSiS{4i|2@r4#^|HlPcQv>*JM)=A+jU|2-2yB8bi3Hr`xAV;($PCc_gs9l$vUh~ z4O1an#kWJWm$8>wV6itVtvG`1OV_tv+(ruAhlRGc1i zo7>hkSmXDwelg;ld$l_oCrNgPCqro4taAhR4Aq3Frh^x!JT~JM=jSDnY_d*rqPyW; z;D)E=C%?1h^5IpW;)#^E2wL>Y>!+QW#jKa{E;q^f9!RVf>H#6^S^XcMGPeoC%Sxq>XW?!0pEyiPr4zxH0gdtUdddKN}z{6~d@ z3^*rIFyilpnf8xOFN6t!2os{o5MdlPH*dqkVf^NgntAjC-~~EN{e;vZ^u>cOstFR1 z!yN;9(qY7n`59S>GSU$u`s2l!zX60nO#3k*#nSsB;I0*DsfR7J3b-QxAWR~r`^U)U zP0j%mD=H#>vbpjd^Z^I`+xsC98}wmQ695|muqOHS6ONnUJC#$#hna}r2?+`B;l;wm zKnhSjKk$JN8vLoKgFz1Hk;Jt?XW_wg&0*q}KyRsq+3oCwgoF{|0YK9OW9ap3;hhki zGU@^JHv+P9h}K7fI-c~$Jp6gp(P8lqB=Cl4+@*jCwmHng2lzR-!>I(?3-JFK4C$lo zAkal3UjTzn%FgAru;XT@WBy*Wu!tD*M*$QWlAfM%*j{$!{l z{_x8FNwvf4$ne(1l^hmW2=LmxlEj4&`1Ay<(KC{jpVSOO)bRSROl?}#m2i*S4TJW? z)BP=Nh0ssIJ!eR?a=)TW;q>QL%*=|t47uzT`|sPLJYOTX?o^js5RY^cHqBOWpGmu} zHJGf_*)`BlibSCx+)=Z#j7nB?ebjh}+f{fzek(6-LxN%r27N;-RlEYmv`or2#gosf z!^g3vJuDwz4ZW$`0$P`+m5XeBjiRZS+U^l*n#<{l&CWNiHpV3)5G&2wmx@zP&8J~% z*UiC4T$p+#cKL9C-rk?5y%u-LnMeyymOEx>ilD zq%v&2kB)-bw)OP`HeEMXz8fn6S2u^LZZi&FyZbLncWa|(a{rhnzn9e)-8wUY({`{+ z43=6S!&bk$e-FiEC}B=wd_^Tia9Ra24&oGF>skeo?hWFq#Zv}0ILsW?L&T=eo1{3O z&3@J^<74Cs$=kDsmMU0buEt+(ypX!?_Hto2;va%8&J{lR&BEx9H$K~497o4{hhmA6 z$wC5NPwZO^xVGSurDB(5mC;=Ex;J#)xOASfVS5UGlmo@@K7Vu?xbXNs)6C+t!BzTL zZ`9lazvuC4V0Mwtj5#yxw%;C!e^Du3jJK@0eQK;sCC-SQY2RP9t{xldq7_VMp;alA z_l_(mD0)&-6}Ai95KP}N=$?#fcVi-1n80x7S>N(OR;F6W zXBZ)sEl=Msawa+sJQ6h06eqkPaVifFY`DlM1m4pSv(T5|oNSJ+(Y`#D5W(=R{Kt$fOfjNstap*2{4HXY!9 z#ej8CkZ=5&4~fi}bw=}SDi)<|Twq zP+C0kq0?6R{mG|=ch_NXu3;_3o9B8E9XXVHP)TvVMGD2x@RE3^5n-AB$)jB{+L{Dr z)F*u~#?kHmi#@kcZOmEAU1Q%}lC;@!;`+UV9YZMALI(#kqF#Kvp6>G3g7Hqq8u4{e zrUj<*)le_~8Rz6EOE#{(HZg%iQ}qi=?_G0JPLE8sV+yLdRtt4c5fnrX7KfhI;I7h4 zk%dN?m^ddRcp^(A(tr@Q!d&bqyjGRMglBkaiGBTu>T}#q{<;asFh(rlv6Hs`rNT3R zo53M0p@zqDMHK59UH6q#j>%o{Vp6Zb21Mmkap|Hw!XqaV8cJC?_<^F#3IWfyl+73J6~$&A#Vj&+P3&ug_A7BM?0#qr04vwwA;q z^N*vc1)NS_yEp!K}m8oY!2@M5{~J+lc10)sFh3s&fl3T*DM{kJ>u6LicydXP!qSx z^%XvMtu^?RpOr%{rY%A)extrih^@e`orLBl%?ZDs#i=1SmXf_$bf78HT|DP$EzP@cHh%868%Ofg&U>1sTzo63y;Lz@}K5MQKDZ@ z5ob|RnLj=B7ikGG-lVjhiI8d+KI(TwVhZVBHeg2EAHE|bPCAp3Y+^OasbrRdH(mB?7 z77f9L1rF9NV!OqhClz=5fOP-__fjRKYZGUFJ;dCiEr=OkRX{xyOtJHr=YzIke!$T1 z@KpbAZ^}sjp8}ED7}@@-8D;#pd&|MX^k3Ki-kUP8u+aZ+`3RCu)WX`?#1WrP)Y`z= zMA*d0&e#N!mlx8>+0n$n2GV`grqjsYcBhpEbL(^xX{*)d|35eX{CYVkTj~yudp)mh zb8d4rT2FFj&#PPKELO1$U=#)EJvmX4WkD1~G(sIIT0s)^#76pu>5nfDw3xDx$d*C zZ2%h!DFY239Vr163_MW`{0nj*_(c!%oVn1XOF%h&jaOtkXMgvB<-djqNcxAD zuk*~+u&_9Uw3Gls>U(N}s-h~8_*Zv_mnUHHjqQwp;GgXoT9_DE-tC$TYD!|xe(k<~ zBjTMIzQW)HxSssbjo;!X7B!|9hn9s07EkadXP|9<3NH6tU6y{U=lUSO$v*QG{ry%~ zhIeO2pMH_Q$};@YiqI6)6c&-oe)1UJ+O(Eu*LQ~(XR-6IAK{8ZWl4XH{yh%NKk_mC z)g%ASp#V7gT`_^t$)@H3*o1ce#Y7DC-kdqePz$c^i0Pbvaa65atc!~X$w{Ph(MiF3s9Py!z@>< zV+5+3`MYaLqy?*$evYSe#9h9R+&*+L2ZH%6vG@_n#FJkulGz4M)5&n?x3dQTK?lAY)I~C~+D2Xp?aU6jM#=8Zcs<;{ zZU|Y>3WC`bXSjNOJ)S{vRD}xi6Y)mW)Ygy#7g2>QJ1UvpT94}y0v_w=pyvvMKOd`i z?O(S%zXs~B17fKQnc-ij5u!>!ORC%RdaNGJC`Z3t?&LaiCuG4?+*!bT z!`#XBMY3aF2?_&jkIs#p429M<+_3`a%1 zP~eFyG)+^ydHxGE;HsVX2#a8pLx|V8Od->(7A;f%Vqc<>u~%DHbv(c4eKLQ(x;2u# zYwO_!olT@>J^hTD%89s~9QULiH9ZUCcO1HoMp|k=K4)$o(ABsZx_e+zkD;grPWi== zGNbrQj9fILz-j%#{ey!U-Thd+d$`FMqs&a=!*B$J)7djNUej7Ersq&VCn&;2SnNp1 zhl7Baap&Y9r$*9a?ph;jfuJZpbRZi7WVAR^uaID5I6mngeh&+^9lGa>F zdDK7c7##uF{YQz>gr;q|?Im|BGAB5K?5*{Ukl2*smX2qyFK2WZt@<)A`OKj)wJUF- zpybO&Whzi&rdDkBCB0rK%uG!5MdwBh+j_p6v+ol=qtaies@ptVbLZojFRdO&mn`j= zmWI|E3k4QtZ9S9@N;N;)koWC7A^mQ!9Pj@N2WN!zI#`w`l*(5uO=%jU&ERPBdvY)zLzvGcfP=gou;bw~U3T{KQc zt=BX}(?#sC9RvJryxFRE(ZPWXkxTGE{$0o6@5e0c3(yBd&FlD`AzcU@pnN*@kVd`Y z0!o$2O%-jjf;|)#rdf5qmXXlmhE&x4daZroc2~-A9ClNU)z4L=!R*Q*_ycd~J*i_8%><>O@lKgtmhe}0nmAf@rAK-1qSJ=0ayHuB z$?_=sC(@b21~8-%HMBgdyB$$-7XV{z6GwdH&zgd=O`>%mKjX}$)f2M}dDMJFl!8*4 zHa-7#A4}^S*GnxH<~3baVtARa`SBU%oXp1FR@{&&=@3vp{yv(%wnu#{TPdSPCHCY; zxwPg%TX_4%0*UEPEy0Ws1fi&&D7^>e-D4?c*|S_b2eh?;@QV`>xbCPO{#2S_!twhb zPT49nHxCRgUcCG<*pq-GIFj@>Npns~AfaD9g(Vs3Ll}bn&(m0kQ{qcZ7B5!B9hQtM z8x;skx2{UMeiLopNL+*Ow|m!0c2=KPCf+E@{Us=2dmU_0j2v$$l?ve6-BR?~bgyqR z=tPQ#99$m3H|Mvh3vocdtkAm4u@ARG3tOYNS3e#%5MN>TUQKJ*q5w+BHNXcKWiFMlAlO9ArFExCD#tBwgT&s~{MjvAZ2{ zf)_%Ss~d_{^J;ok$L2j`?wK85&ju@=E({WR~t9i z&GUK`3U^jpF6KNns8(@V{gyX_(PxyPuE+mlsceh5P+0Jgg%j@2W|e1=;%CC;v}C$+eiblQ&02^Q z9-mOgV)!itjv>GyJObcixAot1B=U{*q%m1Qtun>4=4a%;ZSjmZ<}9qXp==g z;SVcb5yw1TZo=u77xy`)gF=V=Axj-=%K0U2~f9`5xLDj@9Et*3&VO?Yo4F zd|ZjvTY9iu?bVtehW=`SrNc`TE=Hj&Au;9)k6s9XPFK(PJko^FFKh1fV0jmugly41 zMZakuf2j;{?QpQgS1f~XmPZfNW=3Y&aCQYEJp(f#qyO2oIJDusuD6CCsrb7rcLSt%w!jc4AMn=0t<17Pqcniz z{pbCOX>_1Z=Q^_F(dyG7xVK$d`H0|%e%d5=ZT7GO#m{$ZmAYwWY=>?hViv>P&*s=3 zC1{^61D!TIG_S*17siLwH)#A%&Rp@0W{nmfoGIhvW80KDs1*aNraPG4Oxs9*kKn2+iMsx^q%yN(<8Ff49JmSG>Jrpit%R5l=h;}7f z&npd~yS+eD`&x1XQl*N^KE#%^GjaQCF)Cg~4+EtjwEeIaWp0EkgsW;Atd?8mofb5$ zDOudWpT+&@T9i!S@GJ>i@@gD_vwKb^z;iVONXA3Kr;6n@_=g zd+slB7U9CBf@?PZ%TND+@%gx-Mg!()F{2ch^K2K4VEc1?&y>UC`HJK@FQBz?F)^IE z;zu4>UBwf+{HhbENyoPBCMZfn~lFaPbsM7irpBEMK~(`pdF!j;PP0A#nllsOcOX$z$yf;>T; z^2x&{Adk-%$$1F*Q-=_Jl&iFt3m z``-6f75rcY!58|DOkFHcuAP03xs8WdAt5^TV*&86T7^n8H`di)!nuFf z8|}PAmpvEbPeOQtth1b=Aqecizf?;=hR?FJlV_9tT-0@J%`DN^e4gxmzE+M3p%0O1 zTxNYdd2zTQ6t8Ax`Wv~w6evfS`lG05!#~(*qSv=%?=bMchtXGki!N*=txJl{~*WHqD#XjgU;u7#cviv&YjxDqf zura2Wcm1w@fTlkEb@0po#nSRVVpo7#dN6OisjXa6fB;;kz^`cG4;9B-H)KcgJ{ln{ z3Px=o)AdvLu?Z@8lu$YgoTvcSi`6|)L$*&tqthdZOqC7BPz1zx;w@tck<1^l^zi|i zsI$1L%x9uezvf?5aqZnYwOQDlet1ltWPTx>$e#T)t{dR9yh)aRnamwLzBCt1+LU74 z#fFI?pjV7Dyn!V}uLJ)>)iUHDXot=0)tOcMYAPDXO%Z!F+*Fgs#4eGoito*$qs7|jUiBK?xJdhUF5D4p$BA#&kDP9fl`8i3CJ?`D zm|fz}WnF{qgjWOUmkhK@CR6+)XGi^@xVxMhzA7=#0LD6*xpqpM zna~vRvY--eytmRmr>>hZKp^;i5076K@#I_Ov0|b~6J)mlPYyM-$fSA|qBjw%tRQ`! z@hho;QtCs!M9cnD$JZF@{hidtOOvWzyL}CaC&~{z&+!zJ+Tm4Y0Mvu=+gKyRAM%>g z`Ug%y2bDc!e!B;5oFMh-5OCY)d8`gkQ%ytBF_xNdBgX%V{%yeA#-QV|U2X|@Z}2-S zZQdVzOyPp;@s!4FH$MR~MZ^0OxPs_Y0&Jd;a3n#)?OeZX5COG9jOsNdYe!v@;u#!! zq*tK)89`cOJQf}|{i>KxR9W2vbd*j}cSF7QsNFcl8iwA)r+%ItkQJ4mH)>{4m*X+D zNQAFSjq&k|fIaLHm9;AM6~uLI)oO0o7xhC=- z_joo3R&Uv`KI5KEG92|Ual-wM*L8(*l?I*k6p&>YO>$D8EBafbl=BfjxqL(Og%Qjx zKwDy?1!+1WXx@vX*pAuUTxlUChxT24@_N?N@z_>|sKbkhu0g3~`OEnZV5{|>J9mwc zxda#1cpvO`;-z2S<0tfkSHMh%J$o+~@^rf^D-Q_dEENy=xMr=e=o?D`J?)>yKws{p z_G3mTK&Dlmz76GjlGJp2?Ay2vRpB|YgtYrF8sO*OzhY(hu$oXFuk1Lp2Fz_6Ec*`b^8;JEnh9GlI82ZDF+NUH>zy?Xkzr)tUBhht4fOpV!DTxn-zl#dZ5#>np!m(R zhs++@T+qf_8=vYr3z-!+vYrfq8n)M!hdsw}PE-Z;_b4F4ah!A+y%f9CIm2RbYw6`p zGp;IwDMwxQH%L82eR2%X@4gs{?}K!;x=LXz3KE(r?OFAs9|oi;)Oi%;e>e6Q8qAdR zT&DBgWW?f^idu31Z6d9}_LonjlE~%9>U`wW7gFKEDuvAD{5E(py_1J&b5NCSAV&4q z6c&Z+Gq@Sz$z-$)N8KeYeOcwh3g$fuWh2DDP?cdN`VCMzDk;VShm}(4yZ$hQcs5ee zT+d%$9oTDStP{dlQ{R?>!SYx`ese+nFUHQXR}>&RfY-M1u5H`4ZQHhO+qP}nwvBgf z_O)r6H0g)_h)wqFo|)OL9BBbaYK<8NnDsF+0TCG#ACz57Q9Y)9a89U)wk@jllDxUs3ePxeZq)t%Q)5mN$DN^&J zRhzg?{7M3t^>&19SmB-61<4^>;MfE{M#M$sqmt_zk;`KAMf=PKe5wtfUC#q$qtHwC zxrLXXv(*AOfj?#UULn62jyQ=hmOHBuzL2wPTW#qm$uf|DYM%nIQ~ITVa9cs*EwL%6 zztXm_u_ldtw|9+9b65l{7aV!0A2XRG{#`)=XN$8{_s2v_4e6GTL>GBLHSKn`2p9I$ z%k`l@Bt0A*XRF}ld_BYEQv7kgOrpRfsAXI=Yd*5NEDmzXfX z_z=ubSxqo&u;jaXriN|ZJ?;( zFy|#iH9k*qjO9A-y!qBC&K<~6Kk|0 zrnZxod#}zQ3)tAAY(@W7e+p^V%fz*kdZnjqae?$b4^H3nbr`gK)*-m~9y7Nv;hj#q zPgo3g@k&vh=dz&6_r2W~3$;r&>)hqjdz8%tx>{sEPd0cS)>6-08wE}dZzA}7Nd56f zdW?q-1HBygf=_b$dvVgr&9N3awdhr!7YV{SZ~`v;wR32!XKj}45%{mqN|}dh;{i>5 zlSXFB-tJ4_e{``@Tp?Pjkmr}`3lK)b`?8TvcJuDPm(jVWSiVk-(3GY_kM5UX;PS$5 z5k;uWs`holfOcGth@Fr+p%_`8ggz@hImr zj)(GUiZ$WXftaNR8A%naB2@(4CTXK`+jsO;&ygEX%XTa#&sQ}8d`K8cwH#J3=vKs% zmkuwu%Mo1KQ=RHnqeg|Dn?11eiop%F0Dhrd^;Z?39ZjLsu%JT7f9sbC@NNtkIrH!YU%jA|+vF>#u$Yxyq@20n?o?H5J0 zw7^|zAgQ+!@W*pOy-GF9wHLh64OWaSz+JZSE4YSW28 zQebo(tjBi<$_RH5!5WgQh9u*BN-}+i)m)A4Xn_mCZjrp@KUCqYQCMTYC{i}n57BH7 z!C&J)v*atIt#0zd33`T|r`Ueb6tunP#nfM;%W=^9apD1CWJuyShB%4kc%o<+qI|uD z)qp|PwNTSS>B_~u-*i89C1J_nN9MqrMTl)zjnhlNh~8*rgh8F~6M4{6u(yIG_ZRA>_)c)iwg zvm`RBk1iNO_u5}d1!h`>dQgLEe5Z1#>D7#5S~H9H1Pe}Vh@@o<4Zifima+XM50!6# z0)j(92Mf;A;7Nx*CA1{X26E&9-|QWa_~Ooh##|T}W+Mch3QvqOlHEX-pAS-?ItP%W zn`PERuEoX$lphvQq>HkAmhCBM2qdVm5jqjx9K{DoLnZv9|Tp`Q{O(0PYyYhU@)U74ai z;`k}tEK?vkuO5x_(Lt@i zZrPm%bRJ8E5U72A*5OP@GcM{JZ8FFeD}SupM>w;9&8kQfg+j9@-v7fo$?26*&)2Yr z@0_SpB3~o@X*cEldX#u#?4i6}iYY|rSSNKl zhP{q$=}yFWbo5nZv|mVubB9~C1pjg6>Lfa+NY82Z64d9*9~xVauO^Wz3^Ij~mS{IP zVzX@U>7MlW+=K62zu&?&so3)wPj)$rm?T3F_ivJE*thWJ@5b8J+^q)1H}T(3KUlxt zutoJD5%6D9B(74$ievk3Hy0*QKb_nss*#=jcTmNplG)|+lBeO8ZJx&sidNdmquWST zt)OJR80LAx%3xEIp;qb{#0%X(KD1%ZC%P2Jw~-8ROudJX(ueT zGHc7HLyW%>P{X(|pXeJKL5wg!aVI3&R-ru)c6fYr>*O*yb$*hsl+y6ufL8 zZ3usyS+lyX!hUL9RHtXDJ%^T!%0n21}}=0lDQu7<42J@?k>1<%}GeJqNIrl0p`;UthGRPn&gfFqKkjx|QQOWl z1l_(4?$qWNUk(BY!zz{pq)&5&lJG4Hy89D?#`QYg8S562S}>P9kkZlZ8Q_JI8H9$o z@Mq-}htb}*Gk6i!@~ae+UWkFZYzYlKmbsPnn-P@$JQ7{1MR4acSL;;?bpG&2jmIz* zGdBbSiaxK-Jy*W~&N9L-^vd`+SR{&Q3H|#ECr%T9vFjohFlAdPGC}sDoWXS5)xCE) zdWC=$a|rfVTSrQfgI1xk#dE0%!_{4oS`*^OGwpckRaR=ac-|E7t(L3GYo+X^b~l<~$7jT< z5mK$B;u1~qQ!fk0i8M|7E?`btIV+|i zqW

    u58Dz8>ong46&m7~Ss8$MWJV~a$GK$*B`Dot8Lxl4J2uumUfNu2{bsPWq}O zkqzhg#Nk&3cgtW8WRo29d$f{+n^ws7?mDS@kPA4B;5J-EHa zYa`cQMR_O4*hpm1iSlfSNWWD?h(imLAZ_H@?FUigj|ebelY%D4zgmMVnzj<8ifpmV zLYN4uQ-?oMToF&XrK%|35I+A2&BEU8^ovB)b(BJgcKy`^>%+*)b;nfc3CD4j^NjGs zAxEr%JRlha|wbeiWYOkU?$693xq1cwSV^ zCk0;rnw4NL1$#!gdn7Je+f|oxiYkrzj$p03YSqQy_=2n8r|=u-HW0ha7<>Bam=+sZ zLQkH|e8?F+TIHMLF^AcX1y+yZl1fp>nwVQP>j2Z_ar19)}}tg9+a z^9_Ucq`yg=^M)BAy+BiM`4SJ-(!BmU@_J73gxm+@oS}{(*2&h zdawE)a0oXeUBEOrp73~RN%eYhK{5uLu_^(#ps4wCWfD><+B*YVJV82#SrrRj_js}j zX>pk0hiYU21AKv|vf%NdeL+lR%kV&-&6{h;ls0$=)?<^w5(aRW20v}Hd~J37nPS_2 zNkNSaBG6JVpGUXPNtKxW?AW?7ZVW5#c>gWL zx$NWf^CshOVLLq@)^Mh4sDYahJy{3AL4&FSIfBnVm~h+D-NG?b_=g6erer}^d3|G2 zr2$Vx5yPGBNvJk;HxLR)CU{F%eHi)G!DYOGKVp?-c3a z(XY!fr5+V3#ROk)rrV-tfS#HbBY7O9SJ{e)Y|F5BL)i|HR;Eh>0@j~@|I3`V8vqMc zuhNWG^wD zBh!l%JQsk%nz{X0JflP!iD+YDMCUk##r-!8S8Sp+fHcYQ=<3+G43A?Kr zdS}@s?R~OnhQqGV!TxuC5*X#&c8wULfIH+Ixc1tF|N1sqXqwSCkQf>- zLu5rplQ$~D3G&v<_kf1foE(9+7{wM~g)io{udf88gFmfK(*mp5Xl#&eZ08(CnsPc# z+E)~pTO~|IL^4-MZ*`hf#Ap+TNPPe7siFXawD-j@lP%xaJR?L$vE4w?=?FPjQ5t1* zDmPn_Ijq*9q3h(UQ3|}UB_CrWjL<16J%BUfd*B}1`%HF{Yw?(;=kMy#n_O7O0t7RV zUP_b(TAD_aU_M}~1DTvJb&3>ijM**`efS1=B3b2gq`scQKIGkeCVlg!VFUA2zlp71p9ZB)wQ@8O(wz1s8M@DkW0vpy8J_lOuuwmF@1C2I zeYGRzU_-?uF`?L?rD3ZYt7q2*-$v@z0Qzg*;!$oIo-K6L^QObW6YSd@?ZZGZLk*a> zm4T~YOvGbHElqeg@d*2K2gjysuuy=!Pbk9lEE-fx&$-=-Kbw6(RuZS2(bxBJp+nVi zG;4Y8&;JHQYHjRtL zq2I5n-id5g;3Ws+Sp~ABa4Eev2>ffZXE#FiU0#dYB#Oq!07y9nZM%BhsDR!A1g(PLn za6L~6!kC`Rz%OkY0E(4ol6s zEy0*ON)E~}gauPz6K-SokLBSwHDkBwACXpzO<~2AvJ%%q*S`V~Fe#nXBKXZhsdo|3 z1CmD7vMbEmux1YF2>TMH2odUv z$i3qXB#g(p1ZyE}Xf*t3(Cz0oYKG^Z)wA>NkSDj`J_D5iX})n>?N3-(B@S`VjF04$ ztuE}n^6!rhPfZ;6{v6qlj6BrmkTu6;f)=822StMGxj%w1fVXywqHXz>%k|J94b?S95B9}Q<#g8g-?Dh$4bb@r(l+y zw!{hLFChqc%g!#s>HzXVqz|$$i3VSWC^!wsM-Y1u{{D7Ul*1etT@wXK6rMr*f{ykg z0g|#q=^LAvB%!X+Ai_Q@m}bP(rX0I3^TIT_IDs@so<@T%}Zs7H8 zc*8rz9ie%(1}9mwTvueVua9ivI0fsG%(-SrT8A3CBWAc}{C@q{x0fKGovNb_t{e2< z2JuZ-orIj4_(4CG<@!+Q3B^6>T|$Lx(Ol?_*8+MDcms|M6|w23Maexs>m(i&F!!vK z0*^*aHSb!N%eV(LRgKuWj1Bz2efL*{{DNaoiiXu>vqn;{`+`r(7*|eT6f;!tmcgoE z=-lt6x%QkDGf9`PH$$${`WBhU4afm%lDSwM>zAhcjZ#VG0-EkN#QQeywY4&!c*dr zXMhU34txATRbD|%WSoj1f!gu%vY+q&hp}@A&IH)naBSPQZQHh;iLD8~*tTukb|y9_ zwr$+m+{IsY7k{t1w_RP`r@GGbyueq@x9~aKo|Y{#Iz{gvT*Ir2iG%*uOsgSw2`26@ zz*JkK2E8fW%ImEZ{?X-OY(76ljL9OgX^rP&Vu-{~v#;vG zKkBcST&zjGW9=TGvAQ=u;0ghDrG=)G**jbytEO$hI$_F9x~}atM}tl8AbI16QOTpyVz@)nTv;t)Wm%BhD$ja+CQx1@c)3N8n~;| zHu6PRoMb`@(`7*fKZAkS9#UI)Bb-rkc2i2nu}Gh{*jal#Ae>MCi5Hym)^qPrreG() zqL`V6a%r!Gx2O{9R*z5Q@ z2tm!Q@nl1q#Fbs!!s%ur2*^fXm4C?q*7yS}hq12Dx88_a^CkAtv>PiDg?Y}W!Yxet zjM(k;*wq9RCNyD~i_9fjeu23AnCnC4P1XJv7)7HzIgThqCxeB#ti~oh0(2xz`EsNZ zo>z7;*`6w@*+I2^|?)HIWSonhn(TH zWo>Qfpy@{t;23LBWyUF?XeST5=Kssngpxrl(3Ph+s&d-hP1N)0pZ#4wQy5-J14Z)Q zjJ~ihTPXfjuf4ccx=G$f+mrAUTgssq_$4W(`aEVrl9v(7i|G%3j0cNge&5FWVeN0s zyL_gpairO>%8w~TAwq1_g~U^hMg4uf%T)r`1?B_PBY6$9$e$OQbQaqw^#DXgmHgHgQirlc=uo z!o@n2^|2fxY(LA4K;K+(XSMz)$i%v9Znf!p1)}axksLJN`vr=3i|BV@;W7wp2{A*mud(l2nWpPqL#ug}}t3W2mK@#n-EF37@($Yn-3 zJGrvyQG|DE&02o1laEOhd;r0$oOUFhXH5*)o_`5TmG<-t>d3n+On+B@kuL4^WRPod z(Z+MxKZ&IuLH0MxU1;9RxVKqsTlyNioB*uFV~wO4VL^&VnLF~6ES&6JYy|BZ@AWk& zlOJoYhQj?i%ek&M_Vu<)C?s#S3TFi zrfkN>dH4_^&vt5DWU9E77o+7GBhd^9r`2_S{lWn|h970AT0>3v56>!pIOK~V{-lBs zw&XUoHJ$d)Is>czt6rooL{BQa;5@*$BxBmI1Y9}?Q**q}ZLpZ!M zVX#4!Z6({dEP?2THo07A(*ZS!9Z2S^&G4<5NoSUO@)8-jNXrJEzTsA1lpUtg?;-j+ z1-i2oH{lR98D4aP$xF0<{jyMB41?>JC0>{jHqwk_UE^lLzRF6T*jS%64E^Ot(6ZP* zzfm;=5S^idNR-(GgY*&FAi-j>P8LBx>@{H0EgV;}7rR67=x#eU={y=*!HW>A!UE0q?+pkxv4D4$K% zd@a5V(jch|n;3(I=tz#-F*mBk9l4N$YjOB@@o~p9yYVlX5|Rv<4wv8?!*8=@DsmS? ztp}tytE@hxxHL?@3gO3GIUtcaMq>nLDSC{Dv&xs*(R29OjOq*BobF;C5MSvZp+}qncC7J8ec8Pn{ z%SkY{cb1(IFTXeA)}f5M<=G$jdGq!{;UV_mcOXUkbvEJb=oA&a_%aMtkLM}Wh(D_U z^cZ&;;AbkUa|xDv$gkRcM@6dTcV4Z2cC%3%@s(jHt?Vr~Jyn8rzGWyhGtcd*u?yJum!oGf4hB;@ME0ObG}t6eZ(l?Xs$kUE0TV%5%_##X|O9K8^dPn)_DLj zF7t0l@2Vh{c=c&iwJ`GMiup#tHGYx(HZgf_11mn~t1+O8Y;!+tn=$DxQeOE<-2L_> zkd0}gMmytd6;sGK?-DOND z_=C8+CJHfgRl3ho1F2t+0T~4&TepH;KIpVDrn^3U2KJw6FwVsw*t))H6D%vSZnp~) z>1gUn`lsYB&>LK%k#=PBYhNV}bo{gP*~*%H`+{K9&IM;Hy^%x1j5@!*x;@_>aNpMX z(DZtDmdFlB1Muz(&$?bjtDWdFW-25YOQgz_LW_$sgf8f`;rHmzc;;pSRq4|FEhP`K z_Tv)1hiTwz&P)sW^Sv+o=0RN12*8imv#s6T_A3)lpS3MYnHp|0{*FtsVezvG6ClJ< zWQKowudbXI_#<`1+)tI??1Y)|N$p-*Y{C0+6opUXj)?@R*0*9s{`PD9eQZJei{{>F z`#?n`xcB^0l7itmDecm|bT{C|*5`+KnNI~N>Y`bN^VP64OpJ`@E8J$U z)oc7lf5GVQOY*Plh0)w}+A0fb!3+R`jd)vHKpd*8=b)oT@~yBf%}r+BkqVnB(f&9? zUD)>QfT*T&nX*VVkb`~CR&pcZeSVDu#tZJY8#}P%*!WD5Ot?d@wkoY<(?xq*Jq>7T zOUos$xo03b7=5A1#j-bjkzZEF`^a;gwX}Y0Wex5FBg)(Z18BY z;~0)rg3}!R8n#N!r!Q;y&BtNR)3X{lK^!Vz(o$ulp$XjfJ_2SWOIIj%!I~K>VKa~c zvwz-B$}*+}i{SLc9@;2&u%~R^KpHh-ZU&Vg^1dX0%ozGVlgC4$jSs4zVX*S@GlR_C zDVEcDf(jCW`#NI<%LzV}Kf{&fgK|FB-&5X%rH-&Ku_gZ*XJg8nV;P*8N5UhMw&+e~ z1-NV0ywojkYmZ-oxbpXdeq=A#X>vw}iBP>GijRR(g?TUrBI)qz)ETcp6bWjp^vHj# zKhZ_gjkR!s%xs6!)e0=1TG(1wr&*zJOQIgsPrG%aUWWXEVTq%EF(|KD@L@2<4pS2K z&Dq9~A2(tf`=W?M&#AGCsIog1@N}JFf%eR&?1~1G-!7$ZZzZVCvHba(h+X7oyMcgxN5`wo8}yUxzuQ~BNp#gr)W%V7oz(I>SJw20XvpHpV1Zd+o| zz6Q3h)-BmZci@x=U3vNxD8sPx$gxC6%Xk>2nWM7!2(E@Tsv*;J70dG~x#eh+Ld1{sV z9K|+y$i{=P(2SFP4^#7kzrs}6o}o$a?#cDZFYVyqs5-CNHabpPq>=b}%ZiM}>-3b7 zBuLvSMmjlD{b0#|xej6&ybpe33d@7{7~*i*(bP(e`v(#5{;D+94YUN>J9J5mW-{25 zhC7@Y0(wVhcFX<>Pv|wQn!>o;sapzAgnj5){Ygud&@%2{sg1o849ndVsDo0|#MEcD zlS_Jm>*Lf81rcvGHTZzvMSF-MS(;V&Y;wZRr$wF7YhCIvivx&+Vq(F^pWA&p~1y}{GD*b z{%_Af?SgLU+?P&`RMUJ~IxgJO7*nhp+F`Rdv&lSQ*NbCExp2MIj&iy6D__&9LT68|9e97sQ#@U~JsGfvJI3LNntj$n8^ej`1? z#XVXu7pN?#TBylhksBrc|@;3*nR{z@xz6aAU!d6DdQ?Obge z0#}vxI|~QQH;fHUN0Xn{Mc6S19A-Bfuz{x zK^Y^veZ)S!&g-s3zyocRT$AD#_hd5Xw)Ftoe<|XlC;9K?nG+MX)c}x&aFHVM z5|3@Cd-x|$e7T9|pl!A8247W%@@jggJgY_3BP$&~NY6-NFG)X@uLxAmCuV}D)s-`1 zNArGUH`}Of>vZhT`Uq-SLMgX)P`Ua~ieXC3VHC|h4k5#0h&3Dwlv%Z4$jjFfMP{s6 zIh?~u9N^d$EGK5xs#L98AG01>X6^82Ymu?P=zdx@`oHN2_YJ>PW&LQ!8M6^Fzo_ig z5D%Rg9F3CVGc6F`3sqBEf@fSmE>pd?EN~~o@E(*FE{1xSCts>|5xQn!c#wLjLs;&t zDFOEm4xHwe!IDPD?jPD3dBF@wZ7YnFl~SQ=KBdv)at(2^uoa?iC+82U{e=>gRM%%|L^H*(2wcmZP@`Ji#N2cl_R}9t zz_w^P--;F0GGK?*4_!Sv0i4KxKCLve&bk&fO$pa-e50m^yoxr3q#@P~W&)8;& z^_4<*kn!1EM11PG8Y$4@El0O_ANP217kLfajZyP18l&Cd5Q~+YM4Ll$ACGk|!a0!n z$QJh!Z^5GzjE%B`ok=9g`F@O~YQirnVW+~}U`+Ne5ixDaEz$an>?^f$i?kTZPC6bx z%X%+^mW;@#%myCwc2!xn42qGiT2Iif^cyShI+;;r3oCbXb(qOd9AMQ|=qwo#I~Xs3 z!YGzrwu%yz`KYT2n$KoulFB->v6eHzRQ8L#VqH-;4*p)y!Q!90o3xKlE8qC`nKu|r z>f@^-BGmjlTr(k# z86_)-M!5*!#KlHZq><<$e7^^cyt*(sd$=%j2o+!9~U!G zju0{Yozv=IM8{iAoJU}GeH_j(sogt5K7lzsqfK=H4p3a`=h8_t zlC<2=ByVPX{A$P=kZ@~Veie1e!PXjs{aVHo!#!^XOE;kHdan%033b>;FZAk_;aw%y z9D=KnEfNNu_!7BKpb5P7W+_J{!w_UdK@2fEa$4eBkSJuXm1;mT5y$jNd?_NkG)t|c zIbCjsTp{3N-O|XXok)GCo#7FnSwv&G%a7npG|wUc!9Gs%$m0ohuNXol{nV{4dx5Et>XM|QRA-0+__j|2nAXJd4=zs9; zjvNAQ>=XJX+3PHv>sumtoE|AN4FNf z@nLLd8m%c#_%`D%VxljD3vD8}FdX{abOo8Y;qU{(wV^jSTxq*fkile!OYZdHoraUc zR>SM7gCw|zaq#1v=Y9|F#IY@@n4}Xr7a5L_v902^jXlfd{pf1(VV@5XoJbNsg_#}Y zuIkoB(1V0i;;J?}{?YQ(@1)B!8ZYwYuaLPn3G9CVSqBy2ou1qT7<^~KP|Hf{-AdtA z9(QlZ9V3J6XlgU_QCR&Bc9n}E%Oiskk9){tjssVumLW`eq4js8+?h#aGDPJJ1GmXD z58`^<0uta(C&ZcCl6tQ)qeg(8O)X$d0tl!I#cnWk`6fN8+!0NYK5hQwO!Zwi7tF$k9vWDZuo zGQfnjY`A^f9wgIv|F&Q=o&7<+>`Tzs8u?1HM5jABJ`aP|2_P5^lNXZCl4;~IKsUfS z$F_#Nk_G-;aQ^s6yudGvw?!>ax1$DAd&&d&0sB74Mwjzt(z!VE^c~bAJliZQzMeAm z7DV?mH1ADNCywVs^jsC@+90}-bnQN(FYqK8vj~Fm&2A*$>zUG9$zB9=CdJk7 zEWGCqx#TBTNZ37m($XZ?>$8XZAsQw<34}odI$u|vs<|&tMx{nDl_R>!?hRBp5Aw%B zB1ciw#j<=WZszCahj=t)E2OV{5BYpbYvu8?B0_8q*5PQgpRirC%T zQbXsArNle{_SA3AursWc9YzNZ#FsVg(WJXd*;ZFNl}*HTV^7E{6-oEPFeCku)~r4H z;=O9On7ZOU+!cmRWJ-+k;bL`uS)|#=mYz{`0vcaQDJn%+OI`?sh~TY_7kHYhJuKDv@J3mBAU(p;RE&99PLOs|(=*?M5hN^IkiG3#S{ujy;(nc`B zcfHx~&AS-gyOkB3vIP|}#8_6;3G_U$(9qm^-t+L^zkAW3sm|Kuzl0;+%Q-}J?g+kS zA@O2nDJsK1mWFoovGXJZ)8b)|AO@J=_nh-WLm7iZx8}Vm#{wfC4LT}}*!9>;-XEsR ze-nJZHa5U{t$q)0lV>g_=i+ifouYUsDcOV^Fc~dn3flXluTW=Z!kxGbJ^*z9)2*y4 zLuyQi>x~X2#)oPWr(F<)4Xykbn>J%rX=oG?5hrnG4jd%;l9sfXc;=m-I@9YDGd+F+ zfEus(Z2lLJ$^E~8OjeHn5|}JR%uMWT-2YwvA0U&NnU&@L3uL;RE9w6Wf+e79M>RUQ z#@Gt%>S_vzX>x)_+QR=ghw%6}UUq>EX5Oy3+qSDTFBD%+=Urk6sx+4i$x`auTr?gW zff`vFSsHFZ{xuaXYprW(0ny1_h9@VR809yxj&EOQHL%8G=0mfAmV@8}RonXap=pT8 z_^0;-L1LL1pTXrbmwa(T&DAq=fUXDj1Hu2xgVl_$Aot%{URGaQo(O@yBpH8flSYRE z<4To@y)>b6tF!y)Nop@EfS>toS zg_hsy+D46&E#d-#cB+Q5RMB2L93W1|RzysN=kVbDAMG~5d#l>IW4^HzLBsb4yjZJvYl4o4#P z7*GP@*eI#A=o2P%F3iLvolhl)L9$DpjVL^WG25-3Ji1ZspnbNgrsikL=_vO?lR}jl zUKIEoxi)ExjE=X_Jcnu8iQlI5!nvwx@mV)1sK*)Yd?|gPe;Xv3&M4Zi`wOI&&th>~idsM3 zf@N6l<8Ko&CPe8=i&N_O)(FrL+0hj3mw#~UF zOiR}{1=MJS@3)kPK6|AM^h?}lEOu`o)|ttI*nXJY)nRKVw~(R7V#Vs3v30CqJKRh( zF!@CbXG)b-(3^2`p4RlOKvX<4L<@+}0&|U1uq(!ie}WyT$xpM_ z{!Z5t1Fk}q@66mT&v72edF}mg+QvkYhG)7Guk%EUM;RtW>O^MvkY538bP(y;~WAeyPOXDkI&^Q|LKw`^>v8OCY?Wk~9)L1iXh%woo zE}dv0HAobHA`eC{kVha!u>Xgqbt8KMX>C2qUBf8Hhb3=Cr+|Ml6~js_9- zzE12hD;{m`jN|6Hn`-kz;7=w@QCg%jkFkXH?ddP5NH=&V^=5O&_#G8$&8r z`|u^sX&Ra#k>@3oQ81;sWwL=SD{@BV?&M5Z`Mx6vzA&G_M)KHk1EvGFWlg-owDbJ8 zdE=gsraSyP;H_k%;dCt^|5OTzlPXd)EoiaHNPh1`C6H$z%;bU7#b1r>2@J}N=l*3M zX8Vw0ff}5aF!__Bl;jnrwNC7zeF&6TJht;jAgV!T@QUww>3SimZ|44)p|*H1hgpb# z6F8F45o%^iYpxOZ3&tq6GLcNhbNrG6V^dEz%QL+YzX616aI!K*HnjnsLj-V`rGpbh zL-q;gBVQEKdgHr20%%)ho1017IKi&snX;Gxt{HLX#5s?D;xgF!EN1q?kNb_o>MdPP zgm~8CQ>xpZPlJrO*;Gq|R_iewjB~=-!NvA~+Y8Oum-MXgWz@dgP_L)P}C zCOv{CrWK5MT$E3eUZyZAY*is+uu?>Suy31i%s5(xzj;o`ZR{!wD@kSRrAcfv7ISz- z0=AxeBCkQ6F~?>5-U9Oik4S!Pl61>nAIgJ^E;Xjyi8{>%k;2Z_QnDFTYh zs=UHw?HJ1Q1=1Kf^uD>WT4=2j;pzQGR?ZD&4JWApXA!iitXZn~khXy4 z1tQQ+e&Xg&g>JbRIJqfIFsxo2Y-Z($R;D*7{$XNT8Vcgp-A2bS4 zr;gh347|S=A>>)drn4eaVp7*LhoMfY>ovA=T1_O1`u+t=RR6r0@@? z48R;B>h!z@EM``wJJ_QTbK!FW)3bst9+Q2#DKa#{&ouyX7&pMp+Ve#Il45{NQEfuesP$ZB5hXl|AMb1Ti0ENfZv5J>F;5Od! zzMDsIG*ZI$8%k2f>BP753bER8yldv@!&-5V%CtIYvgYkkJy>0fG)pgxP2;oy_8ghVf>6hzpwlGv{ zwbl2cr{dCx34~5BHw4R&hG$JPciDB!RS@Bj50zQOe=X?gzfS^#H0m+1bZ>WuJr2Vkh$}bXi?}^UyFVrWtAQ)jD(`ie2k7#ZevKFPkT#y~#@H~`< zb3?@(xYmoR>A1fy2ZWwugYa{2wr-z4pmLZdwQEN+%$jjDf3cLWu(Ok2{Z#u1GLBP4^mR$EJyU0{v7l;a6%J50 zZOS`!z(1Vy-kN*&7A82v_x?i82&+yBsRZ#|bFP;3jIxv7Ev89ppS6*0lGVngNx|8Dy~Sln-l6yI+D+F< zIv_0yQ!lzjC>aLw$@v%c259gtDL#1slfFv`oFr&TK(SQw-zLUC4`lq+M9xV{I2OlX zXClVm0tlb!L+g~XAT`=Tn94PH4$15OpwlNs-p85_c}F8};p`r@mO!lUaS0L-+#F@} zXi-*z$E;X8f*DgDfj=IgQ23B8gHC#ya^pBvj6>xFukWKcyUiaDYSo_VBt*r!v>8z??!doG>V(ucM~ zXF`bh+aHF_m)MW9#n2)9)*K84tyq>Y@a!g0qzBP1ls5*XdriQ%FqPXOo~CGd<-RaC zL?LlYx;z)D?odSS;Du&AYTI+FwsDE~ci`(~ct|@h^+T@c7J*-kVAVwn1)p(%1zuMh z!4pm1m2c9iD{6VfORafciJ0f6?Gaxx@62H9&vN3&nlFzDxr*1H7d*tU6v>Ybp)S{R zvPK4}cFuH}p--I;MROPGI*KYj5&pce#_505&S!#1cLb~0)Ke|+ptpS{x`2XMsWyt; zA0b8{zjhYFD#MUN{V{QZokX(%_aR(^Fpo_umyj=AzQpS?7z};{v`eJ&DjXk> zLU7rg`{S8N#;6{Fuf(4P`$Tu1mF~b(?+M_am8QO{yT{3lh`H+;o%MDMjS=?h(qIwj zdo?B)IX`(uN>q8WAoX@5zV~}NnPrM(TVQ&6{&X75THy!KMMUX{kmw>MX+=SS8ovVT zu#lf~J1R0zQsk&ZL#@s2eQH!G_>k&1>cmc0YA+BYQz?C_c6TlR`WOg{sg5E}xdFT$ zcgxRzwa`_x05xZW6IM;t+opE;B38?n}v$c%{?V+rlFa7Xo$8FhwOF}M; zshz}$F3M(&^CR6aXI|59;%eJbA$dyNq0`KJFaAy>0e$&%%Z(}8IQI3G=Os8!j#fQs zS-31+WeVT+0sSWrTvNYxKN@V_>p73>BDEQim5`@2YO__|2g308M6;?T4ps4@ZspGb zBG67`tK`LNg&xN;MFNxjLXvDP;L)uFJ*B;iCY<)Cy`l#Aw|ar1v912ts$z>v{G?vD z{EOVSlrS~4PB-i}N^nLruW}NeuaNC|JJiF-L5QA6Z)f!#fd4Vz27vw(J&Y4(%9+C= z$uN5Ov%;tWoAZMWTa_E6eNZ{$D&6fJ9WwGz0BETvXS;A9@w(A42hWgCYqeMtbgmn|p2RU5C)Q>PmGG?+FSRdqjGJ2>M57 z>Y8xpDrY@)ehf@TizPQ=U0#+#B1za@AeAQ^;s9xS7bx#VbSb4yIPxc) zv5L!3OPG%GYMPinPwK?@7lIaP7iU2RR_fWq(ME`Q-mF63uTTtik99SdAHmp)TS(4U zVbUP4Zg>7d2r?K!a}n3%BMy33A>9%|h_~0uE-c*Sp=O1;U%?WhZ+$m|^q<0}f>;6CY2p=uywEm|NS~7uYy5;! zIu{eB91&VpBEy9qlU8GxNCM}s+Ut^w~1LmR374d&Rg(YF?)Rbmlj43lc?=M*&fFoy}Q2;eVQ!x~r3 z5kMG0B+~aIv`TrNE=Z`sDOjOr6HA7mIRw{Hm)9}?qbe#|jV)N1Li?%92lM+*cS0y_ zMaeh^Slc^wNm*)U>)D_LE0S#^niL!_Gi2!BY0J!anOB=_3fgil(nH*NfK_&xWrRHj zVO3j>O=;A6nv{^1{=>Uk8CzjV+jlc(T;KNmgfGMbcTO{SomXc#mb5@JYTz%rJU+C% z^8r9ZuzC+cLNhtS@A{z=?2d_j9spX2%>PY&B)7>c$X} z0r%)vmBCJ~`ltI*0DcPNGYRJUKAPN?Dy54kmub^4=%F1+;RPiZ4+YWt#kNPc!^!+~ z=u&@d3{D!81qW7f^(k_H`u02Eq4AC!*kQe#w3v1=^7<||uK8%n${UZosHn(;K3=#+CW!F`;>1Z+VibzoV8%N$l?n zXK;&*S>1wO4Az1C7U&~!+Cj3f)mrJcC@Cuq&xpn}RFaQ)KMPYS#8E3ad#$A1;5WJf zQ2{(Id?U4Vbmp?N@1*^QupwmKHqgkrvmeMxvs(zqs-W zDt{BlgZ=Yvy#!rnrQQ0al3WCJXLr&tVvl}Lp?aqz&S?J=;+-@@lu)e>Uiq^q1kqwe z%9~**<+c=Zw>grsGve!K<=vTUV_B)7I&~3f0Yh_&Lw{wOQscW%Th+T~^z(JG^1RxF zEB3z#XUt-(aZA6spWuA;sfSY}5o-Hd7M#aWkt@jWYVOb?Y8O_PXq?FV$d&d5gmp0Z zc)TL8e5~MI49vNP+cpzOT~~XhB}Zx)Uku<3pAfjHy2v|3MrcccEHw_eFyP;TV^97z z7iHICl%T|!y&pWRSNfE-uLoA=XsO$K!pryfl$%nL2(T~S$SJ@QLCpcltV3K_JpKn+ zWQRoGTb$_70;9el+sdWpFRA;CQk$OJ<|Uk{fNPkr8rj`o`liSTOA61;|9VB(}- zwf55MC`xEO`l92*TfE4#SRkd1d?FAmchK)WZ7qn>?WUETsdYbT`Kb?G9ia69{5*ey ze~cL5#5_+z^VY#zVCa4`eL*P&)~C}MBmx?p(>z>EC`0uizq<(1t)4lp_;;xP+%b}q zu-E`5c_fR2KvrLU$T}%q%onG1r`E>^N1O>8WtqLd z*?t8LY)-(iSPf<@%&BhGxw4wEHnwtzOOd%^P-kOUL2p^q%H^zGq`6c`#m5^h3a*(& zkiLqS(rwevi&$+^V0IdEBx(7=#BSN?$0Ms1wn9NZQPLm~IQMg=vNLEYI|nxPkfTU{ zB&)Me>;!3kh&O*!bnqpX2Qx(pTgL{aSyEc9qPaz%MF6R=a8F2 z@t7z#zU68|;2!eS6wh01hK9^in`)0phdJD`??o=-GecX!&?$R{UD?Ho5|q^{7wZo5X{9l zDfqWvy+wDSa7ii-WgsEelZATg^v|l@!k&AJn--BAZgo`>hU;WXn^O>!$yQ+XJ`Ak} zC+3*+K{w`31<|5K4vks+HcCZv-L0s+ct;VvxF^nx8A0<`%9-WRt(pZ!Oz8OJxuZCC zy#FE3{e1>wn?G%m*H(&fNO^a?SEh z-53}wLpbxo%Uu_Ti`d<-C^Cfe`n>?6E8*9QD`Op+XUFx~jWkPJRe0t$u?Orzl@aHZ z?K~VoZ9-^i;i=EQ)4|$=2fKuJLfwf-MR{zebE+sb+8LwUqk)n2yA)?8Ul>6Z7R&ZL82%1bL4QZm?_nD{@9d2BYVy@V}(g&fgZ zyYqQ-!!qmcNp8^3{kr!aXHR@BPD+2qLFMGnt5LGZ{rGMe!Qq23hTAnxsvA8t)78qk z&mNu7;ZLhlFe^R-R#Zd%f;>Yj_{Zu%3 z#bpQ*VO@AOXCw(LN))sM>55JhJC%DmzV6GkxN*Nf_F9!Xg%hyzoPS9rB_Prt?}j5) zeO5oAv)w?5nO8?AqsMe--*=;!g~ zo1L?z4k7#uCLEh2hO{I+6->7X$#M(D)%#b^3C*cQt0s3ZE18itVng@0T1rO4z$wCq z|Jxrft-nXvX_gW(U)g02ni9Z{i6%~RKy-$o zdb*&iW|f_Q${?LEuLto)X9{NKdp!jo5bVxqC<#1JF~4*}y~;@W8JazC-P0$nH=|xS zY$C;x$%M6_KdViOw#_@7;^>A$qI^js30u|uP7n#3!MD`|!L#%#u9$T1vCJKwxYyiE z)$^dh>1&C9-I%|dFO^QHPt-uIYO>lP(~30w%%z0X(zrWp)xIVnw5-_*WTVYMQNs}V zZ55gZK%WYhZVD(z6ZE$ikk)a|s=G0C4NowA{lfTJON`jez-)EZrBUIqcpx}y7paAs z$=37HtgvS1Ov9jt=~G<19yK&-lv-#c=QLE8SRsOJxNMdkdZMw5k}dcm%CY(5B~)P| zxao2uPy#%G#59M00_Wz-8+Bm+%QJiV_GZ}rGhXb$Sj+&jzHHpzU%yBAMS zuiTX#t)Q4YJZcGQkz#89eQz;cHddGR@8hOSa1sI7hXlnt_(lp<)1X4CMuI;6b5?ol zeA)<@gE-Oes8k-8NP*a$njU+760}W3m!a2#o)M_bHHC1&C_&ux*G1xl2QIXJ!C?*~#NV*4ge zHF2NBucy6|>}Z25J*b{3AHvC|J*`emJPC(VS1%!mPS*YDL$0dU+A*zqj7(kPJW-_?XbpCl8Vr|S?L?5kr5z|22&DS#X|VkM^DIAk=eCa z4xdcARe+kYxIs$yOgs6^`4}%@tBz<0lDUMiZhDh;v8xrY&caB=e{I#GAVB(##9oss71n-FTd9q1t@5)Njf~9djzwSf! zN9k(BGXb0Bez5Chuk~AtkRN8pr(hK>`819j=E)aT+zbZy*gswLC?{ngDNyGwhm7FP z;K)bZd4tH_nN`;>ZN0=Mq`{x|C7aq9hKZk|&H7b16^NEN)NYi4dBhc-dO>(s{qb;u zHbz;Yj-&L|*2(+Wjd`^S<>&oKd$iB`n2NPkq7WhG^=+?Rz!E1qrI#z{(VpOJ7 zCRvbA&zD7%4c4>{4-up&>?Y651B$oa4re&8Kf05v+gU^h&DTV_tw2PUTrlLJ+Vtd} z7mj-o&m&2M*eM5Yplk==aEZe@itaWUFU@#56R@~U% zlAYZFQb%~YMk0)-0v?UiBUhL&#L9Kts`jC0vt5)eYo~==l2|K+!Y_T_)A6|)Z%2I zT5t$7H~sXFA1C>zl>p4_BV1#L@1Ic8F)PN6!0z|!QNWPTuNABJm1I5AStg~ix`16s7Lm3+7!6w+USL8yD< z1luLK8vG_Uy5chqZD1K_%r#KBcQ9KpSh2EN15Lu>SIYh|zteD$c)ORow@v9BdXpVqPld$CWG6Lsw@X}xoUS}(<5OTJBF6MiVg~OJ<)%d;D>)pTe zvRFX%`irYu2^kz|voRhqn~1ags_VTn<;Ln$q??SsI9}1&sm(?#>Ceii%C%Mw(?713UnUem&=+YjD`2%A1@y(ngPdHf z?>ULu;rmotJu}VbcUh)dDN@$IE5Gj$lIdRrjf;!%&=$}?gTwJWqs;|EIarZ-*D9Yk zJO+}csfWqyEt3Z7Xp8i}dl$|ZM1^W=AC`ntzN+_d4PT3kW_E+)-xmWmGqN8HAnRBw zUc|5&c)p2K9g+8%bB028wJUVvRdj2wRKM}W#IDR-ZOdS}So)+LMPUc$X~2q(tKaoe z1q@6FZUUYxeao8DU2zLi^%?&7DqKw`g*zBpy3P^DH8e7qfK5v)LFB%K)?DZccU%9a zX0Z9%buW-;+U=%EiViHe^H1@2M6lUrYw?iOI8bjKL@11*h;Go;$9BtrMVe`EFDPXA zqQd`ysgxvam^pLx?i-Vf!K$2^me0y9#O3a9bk%uushjtGLl8F*w21llezINzXNZE} zukY=ZxLrU3Bn!VQJDEz?HW(Eo%k|p~ZA-o81&bJzFFVQoRAPwLW$T^6#lE85MP;Rw zD($_PT@AD%r0;|cP0NB->2i!i-hlo5Sj!oPAL>K?D``V?Z3n( z2smiLULvFfLCu=rnI%m&|HIfh#E1fHX}E3Mwr$(CZQHhO+qP}H`?ihSw&%{`Ehc%3 zNh+1pzA8CY=d1sN%O6u&f|)O0yN7yD!tnS$v(4mmMWkxL{xps?!B;iigV`j$CPmGb zW{Q#LG);?+7=`mCh)w{lmp&RkN$8s=T;pMKJvk3UgJ&i8CcvO>sT*9v)cniIb}8g5 z#FdI5je?PTw&}<|o>wvSWIQzf2-_CJv_UjpR13L0g+xry&!2hlj6}sR;+=&7d{h=w zOkI)IMiV?i^=Yp0I~Xf$D%H7E3nEA-vp{?AIgm?wL82USgSH9AYV3bDrly}~Al>Pa zEU6(MQ;8rfAT3EK*u^gOfI5D+-6dUR)w1t5IU0{9s3jePe?)rcg%3Qur+c;*^IeN* zitu9HGraIUp8Y67hHsz+>(Vglc{Q^QHw_l|F|p za!czrPBkKO9D$22<6Y9Z>O^;q7DD^JP(qQ#_O&hfExXnK`s6C$ioK{DcLQYl#N?qr zxo|jMMpxTEPLb7LZ#sB-3d9G6{(?LW;`%MX9axb8O1yHijzaQkyEH4Bv(R$Gm*<$; zz}Y6nUTf*3T+&cCk=smwnw3L=7(H;zmPyB?TCT3e<&DKC9B|G_fFuwL@ZOgZ@GZf7 z#HMyYAe%Y*=<9V8Js6R+VcHg^*iO^53`93=7;4qO%IS6q+vz~=cbsp$pTNYskWPuf z+O3Jno1_kI=^tWT?ob?pgg7}l{#)$;YxPCxbfdNo#@i^zg>+4Qm%Q9%&(&NM8zvlR zOpxqNO?iSF_LUD7HAuELUuKt>>Cx5XL`LF$x3nRDo~$FQ2$>uS9B@ZLei zN9CNcE!o&bJU49XXbHBo~cx5707#$>?Mz3!l z>#4c~$Kh+{A;TQ1$TcLdv?fwd_r=1RQ>4dQ#%sP6@TXMU7&KAvQ_4Z(9+JvgjVMz- z+EecX(n+-l5l3IJW8!L8a*QCmk%iwg!=I5+)bU)37;>9Sz!Zi`1kb@zvoFGi(XPfn zVH0a#gih;^xP*(;0k|}j$>tZcB4tb%|eWgNO4V8E) zt^@*T1jS{uK5xjAt*~+vjTmHobDbqF535n(OPftoc{{2uDb{}TeVYSvL8nff3$YTe zvx%YG0)qt><^*wlqk%TY;B$Y{sgIr_eMJMuJ`@k*o9GTO{o}{dn0wmQ`E7ISqYLK# z`5|j+lls8?mF_jyAFpaPm9R$pAJM|Y55A?`DpYKd&31-m;+p9CSWZuE*rRqT^G*g_ z;x%YxKK^B`y(n*=htgo%foMca%~v5csmVNY{xzPKC9n*--pTcaopAXF1Sc*uT^Mq~ zNTwnM1dhm=A@p5;ibf%=1349gKN(mWbu>AiF=~q`4eNGZN{k;7S!1u3Z66iN-3w6xMgW+ zaa(>j-vi(&mBhK#;pM8wx?GEwjxj%q=gT9X?Q)ayzEq-jZ)oX?Jh@J5R+9&C2SC)X z(~#BgT>Io)GOqo7Y|YvwhMqN0Oe?6NgDp3rYo4m%wN9fvY`^S*8G>W8?2@UY@0OKU zD+T%lB4o_|y935;&)ZjLDJ7&2>|qiO7BalUYd}^-*{!A6UAp8kT3)nuopB$}Y%&)r zxr~^JF^Zd5&iJ6bqFmYrIim40oP?og0F%rZ3e%bX3x9o)An;$9Uq;6N#{4od{s;2? z$NaJ}a4`I5`G1&SHZ~T<|0nZn(`lSwHrqwJW%|c&y3O{_zv1S(`M)!Ix6P-YcWv)l z=h;~7`t_&x@6Nkd-?9%Xy$eP)v__UwqIsk*nyM&wAcfG+TvfW-&rot zuRle>W+osR8d%)`F*38X*98~9;p~#!%-#Th`iIHt;C>~)fhXSaeE_2TIZ8k>GP1sv zudR%U%`L2<3J}`bT^(E*U4bUHvNO0g0aO0k!e0LrO~@BGc)SUHA-8PYv@`x)1q}D94bHlU4`)HK?r(H|5_{|knPS*Ozqwg)g)s`dqrSC-bS!VwyC3T` z?$!_r-C?W3Os#3ay^uZ6k{UY^O9WVFlTy9)s82M;qDkg3j1_h{0m3@68~UCs$mJ@f z<8msWVXeIcbb~qU5w$#QM}E8d0dey1d%(Sgqe|@+H4x7oQ0hGGe`aBdf5s>3=D}6V z+^hO}wIrY)2$3iPkd0#tlcsr9MS7mBjSWp*otk-#w`&C65#ggN4xUvsG2%j*W%UWjPeD-1K6(^yLAOkbz`>z{o?X*ARV(Be6O=K`Qe24&St|GCZZso0)0NKOG_+umLb2yc%P=C_*|i(# z4_u4OD@Sxk1U-mx71~f`MlbDgTgmco^w7*$c5Ww@jRAF&U7@7U!5#jgab;6V4rM3I zCJpW+&+A%CM@?LEN@XU5BOz2pdK-OzhV~Tcm2$Mjz=2|g%HP-3@uEkiu1)r90s;`G{7Vt`*&64m)k*pI*;?py-5$V=e z-8FP!zW0+KjnM z9>JHi#)G_RD!g&Mws-0o1g3T;1rYsIh(}ejjoPKgv}fx0=EWl!8vU0f#EL^F%I3;6 z&3fc6(2+Btf^VHBfXq-calss2hTsZ9sJbPyF+xhLz&1q73)Ar=TOcEsVJzpSg^pgW z_wcO6T^BJl31OhFa;@DLYlKPw=_oyJ{csbQQ*k?s+O&hA*A*Z17MUP9FDSltvelQv z)jfW`Fjs%EE6ut02Gd<$Y5tY_T++Fb%`4;tI1{lT359v4JVh|bJ6&#%y4LUa7X}|8 zar>P-Wd}6p{=TK88$q23cUcz=l5)DC`#5v_A`2Vqfz#^5+*Stz>lQT$fTu`*=V)7w zh_Q$V2)Iz319x=RZmlT|qDIPRkN7Ydj6L~vC#WOyzx1T^kAaG8dPR8yMpnMb$W#(iBJN`<6ASZI~xsHZIdEz6?C+Bd?8@e>d zlCRs4OEauXjSRmWk!(*7)jxYST3bx{i+eAO&@Lt&Qlyq3=j_=g;JV@8eL%WceS7PR zhslw-RC%N0lVYu_>P4fBTgpc=d@>frpq0fymdYU|H4DP2VcNC9f?CKcg5Og3=_2An=YoV15 z4b`S9#foiar9@{TJaYffz@d$q&F94Cxm%r{OB`esFv&Qu3G{!miDzH3-T=-(eOJ0X zB6#8X{V!-+r?sK|rqzvbG71S4WJc@oKkXL|hHgftaY^`$3nwt-y&{|K^kP_Jo)5D0 zLQlvbCS%DJI}0I$yqcp#Jd2bo;;Z09<(>=FSY>x-IhOYxbwyCUD3y*FzRqt=(Mo*7 zD;mip<)QtBO7XKWeC?UMLFRnvQ=Yyxu5rP@_A1! zJR2SV_{6(Ade8#04ltb$+U&Lsws&XfhrNHDontwhyZ_bH7EgSPDks~S;fdraI+)mj zWt8&sVWI?E;{~boR_{t4WlMOSPKY8W^?>l|`+?qi4A(ClR+NxSeJYzA)n~E=Cc?fi z7{-z|?hc)~6}%4bB^m|V$1?jg*S>rU$^58D8TQ8=ok~ULp`28?vQi#>Xszsut%z3~ zawiHY{ptLt!!Rfl%b7FZzYVV!5xDsT(Z(=;a(Uz6 ztMk`%CBOSKbBNn{+lbjVN^Nk-+FFOQe;~dz&BVjH%fzV;FtXZbkfU{NO=HeFv|De^ zcS6O{idg|isxvMWIp2492vEW9*~A(qE#$bEKG-#G95>n>^&ksNfBm7yD2K<;K(={ z6+iR{JnL@{DNgq#`^h8PEc3#G%5^H0igNzc6Xaw_E12MBUNbe7X+}1@T*DE z+3?=fF~QA0y=0R$E;i{01EBgHM&E_&tpC8~HswM)HnO^wzulG$8CwHMT!Faaik_+v zVO*qJ_V{0lwFz}@Q{?MyMr$QoFdv7?wK{oK2FKuN6=FK>RC!G@k6|3z2PIbaSO2qi z-N=bOMC}a{?MlnlzhaGq{SP$ksVyESOXV+HKRa?>s_ncPNKSN`o?PX3Mc|NK_hf5h z9I zU*@Q1jHb|28@MlJ^SiSIr)wS)j-dv}1A84ebySSRg%&|HM0!u{>kZU3YBGV70pv@-AN!TnbFD)_Z zJ@uA0bW#`nVQN3cbZg^jmnS`wEEZEnE(y`5`#Ac4WR~F0KrJo?T*`C%{y5oX!;l!2 zEUblzI*=o#uV&#l@?%u4c$>P2vG5;OJ7`~e{~z*1NQZ}&u_{QEZWok_YgHG zQ4QOBNE+JG|6(&DVlhfS!~d%jMX*X$JI!)RNt5d`94@V;3-%Ru?k?G^#D+~bO zK5LK!`t%LHKXyPm;JU;)1}1Fuc#DaMP?}QCrE(75VI96yjM7Pa>6c9Mz)l(qPO3A#3?8#P< z7+|n%8@N_6n(HNGn@i9wd8*b)@(^b?yVkOcwwXlbpXyTSEY;H+K~_i}ZKH3YZP+&x zyEj*@UmSMlVb75XLVbZW8dXbc=`XPMz!R)@(Uu3H+}sYyodlL#Pm^D^eet!`6;lTVHjT;p7jY%E5d*oGQ8o8vxij9omPklE42@_@?uR&22Ov;Dg^ zb}&0{g*~^jER6||UX3#nJ*ob3xnxrEh1Y zUXCb-8R9kp_)&bl3?R~~at-6WUH+u-YX`i^B!p0#+szPLF;HH=9j`5x)EN15HulwH z)j)u~S%D!B;SdU!taVXVQBUgL-JPT=n3p(J^h%?(ZOJ6`nfv%NVsyeb9>efgY!?#6 z>aJ+F-)jHB&R9YTvwJX|SPlV&g-UjO^I*wKtepC5d(ysm*qxBA1}t|g2T{JN zra`ZQvDFWBI$zbKXcQdIUb%)IW@A)Bsb7ETmQ*lefAV8W(!md4ASPP!jQ?%4Rp~zE zJ9!;r;bGV={Tt+_vMoP}k5VY>IAVRFFTJBjXFhzW%(Z zSm1o3`7r!-R-WIly`ZquSwg&Zs|eZkN5QYOB_4^AxWYBZ)1@w-*@~=^zV?{u;JoK{ z*c@{cGSbno%=Yh&1{3?h={rtsFo+ zq75SCGXEw3W0-4nSUh1YfO&5wwIVn2gw6zcln^vm5=3DF9K-&NETRcH#~8g7mo4Vv z>@tJ_>EP9-;U3}-0>R!v4T}e=0b4jEU;$0DF;KOx5;fs~BjQFiyyYdtC2IRE19%L? zS*t|LQ^{mEcJr2ieKESoNzOtRJ21`pG(~=uq0|x7VBnPNn`{+KPVIY*&vFYW?&kCa zU?E27bm-q!9bEaST(}n9`s%$K7Vq*-a1#H-Db^VFBwJY@>qH0WM*rCstOqB+M4rRZ z1d^jJn8o!YT3{de{uNRm3`OghS8({(Avs9A=YVvCK)EtCJFvp;!pcB zczCkyPS2g@-ptkQ+~*^&dh_HZAmW9KBd+u(w4?E$$gvh1*qKv!4@*T@r1$-Erl}w@ z@aThmeKiASv?dV>RAQk#mjdemi^zc=qjP=8u&HOXz3u4yOSXuNAg1{lL9n~%1UaWz zQnp+IUS`{Lg2aK-1b5%{kTw)|GOkLHmcW1hq%Q(UxPO^iwC_-YCFHkepe~#i{nATl z{lKo!k}S6Z;XsjsLt#DR_T(RRm6|s{4FG_Ow}{K$ds*w6@Tz+ z<(CWoT0iWVL4@vrp6=GF5maaaT~GoZuds@%_UnDczGnJVuBjkL*`;DEf-I+Xh> zX!#B#FC|=LFi_-30Y2b=6N3M3p9XR*Ql;|xg$0&!j z6>88+&{>E|g*5f8WrwZQ23MtW5rIHjD_vQa_viz=^ryvRF%_{BezY>^TeceGIC9&1 z^5(o`;8{JNfqkDm`FSA7@ohl&GHgThiarPDC&`XwE}98Z%!^RzJN)cwX=1f{0rqKA zw?wEiXeEdDR8+?p@1b+dEQd{>$7x(^$|mV{wK5)$o7T5aY%TF*ZHR{{$XqXIwYCM6 z@0yMoQTQ`+rGn~{6GKG3_Nk4!UHQa+^SK$6#=e$`Wk>Wg#ZReDEJ)C6GqvN9rBI4v z3%5uq#66;^(ua#IO~H}@is6L5HqSUhzu4f%A_;IYH!yx!+&p0xSgAM#$o{d7kzBm%JJ%Fz?$_=wY7KIRIVdF@rDwOwh{5 zh06G3!KnIv_N%%wEBmRt%Q3;v#(lR$vpQ|mcRYXi?9?8yj?`8BPq;UK9dy` z?QkEx^M+jeZa>7P6?p-KCIzD;5*s0>Sf)5>?mZ%R%DS*K4-CIOjCB*c2pl^W-*? zvh1QR#ftvoDjqfTc)%#zs5aKdyOl-;Q1KSRxTIqPaS)Z-Ej7GgHxRo*i)+zx7D}u- z9G7DEU$MQUop^CTA`BAjMoI?w08e=-8_rq))9p;TQ}26-GEW&;uuyCk4O?&oxI21# zc?8KQ&o3wZoT=bCpLm??usll^#ivolM$!jYD>oyue*64PR@G2r5xC2ZCSk!U)l(Wm zE?gcaX)CkOMrCbgN(4s}B2a96ro^9<_7*dgAhjU(nA^%2duSslV`EcToaH*t5lMpa z`5diEvB^sEo1QOT{aL}_NooXPm3i^_fLL}5+z_91PGzDUY8&0)^vEo9rw%b0eTWhN zmx^@h*{y0{0jVa5z}akbWKN5j4EQI&wV~x{D_ON`VWz zQtf1z&Ti7{B89Wve-1aUC%sX9ikB$(h@w12-&z2L47+vmN=bv# zORi*K=9UMS-^B(DIw9K-Tw=GmTe!$>hy5E228SfIxb9ahdr zTH;JSlD{`Q91mNWSH5i`7pE@~TmfXkB=a1`bDN=Fu1CQag`*f&r$5)lCQ?03hmVqe~>qKAAH4vCOus^;CElt?#OYH>+qw#IU zSU0C-_b*kl{BsY(!)jtdg%NETR)&@jH7`cxcU)V%m>zpDVv`BU{{vQ8Q1x^nT0~nabM2_4 zvJn(I{82ZAa{;m0`d7D5d=PmiULw{YQ|K2bTm=drsXL94xGmeCKNVAhpOHtA=vI}w zQ;{5Dp@8`025{{l-*{&+^VGqAy6`m3DHfrauaEQHtP5Pj{t@{a*-{ep@?T$0?`WR# zfM;W`3JwK8IXm)=q|(e3$NAFgKh?lXsvvO9$8<1%I8YDF&7o8%>SuFzy?ud9k;ane zIv&hRrM+WXd$!D6<{H@XJ3~S5<8KDU(XFj%kCRCfY8t6V$eqL73boQ50uj6<^`oW!v<6l#zdsb5mfKH#<2 zTf5ugy0Fru?*vEHx#N^K*k(di#00~&JHqkL2XEH{kTfx@KRFyOaEsKtF4{wO%`g#& zHtF-2aDG_$JQSEx1xTRJ;bW?}ZpX5)Wh$l_Wj(CC37$-PN9hDC{CI$4EU=z3X^ST@8IkDdA(uA_pps>45OKs9~PI@k4S zB{FYVBzQrFCN)RXF^7j$a8=md%(5$CL+Ik zGNCgR1xDG6K&2s(qL1b@kP{Sx7N;x&;_2sD_L1qZ^8gV<2AAletzPDMj3(B$>y~=| z0p3L&9zuVh{+Sa6M$nS(LSNhU{dBF1QtsKN?lc_D_ZC0hXBkqVyxi#x`+f^JqjQdq ze_i3SERpa-{-y~bDO^!sO?;j3O@FLVb3mQEMqXqKr4lq`vfJm=gltmM4)R5WJP7JI zI8pf%8R5W=YT?u@nH5%{&v9F98e(?bAYxd3uLn`USr-89RG53R5ZOY2xyYCXb;}`? zUunb*qU=3)#V_cK|1uC@ zXH0x=j^n(W`u=x}U~>40qFrem4{$F9snxCFvf8<15;YtxFj@|C6%%FZY^^ep; zx4XYMjTb`ZR!>4+hf+6j?@u7o=?Ln+hJqd(H8PE9$L=@FK4M-L&gv3fYYyov|RcCF2$7=D_^7KAi^(V+_Z zW24EX`>k_M+DXNEx2$rx0r54~U}~N?RqQp$sK1exNDxgRx0_UByb6lEKDi-Tod4CE zDlbR8^+AF=Yamfj54WBYOmokCa7E0b%1@^TTYW#n3`EBxbd*fZ$&WGoEOk5ERyRZq zBr%I4=L64vaLMW-Vn^5&tb>OsRce%c>mcm=*EFt5TuiaD%%IsW2GfO`b@2_|8rgNX zi5REe5`E!d`si5i>vFe9h53sdjnf%bbvlwlR6oTS{o#rJNIKgOAm?n^-B)3G>s-_3 z=4ibK=b1Z!SgWE{QYjJ`q&o*bVRxCN%(E|T_QqQUc!M!&koW)eug6i7igA2IWu1f z{_9=xO1HY4PSuE-CkHEggeVmv%v^48<`JnSx_|PxO)h3}sYUS+tsSTJ4_UtrHL_g} zLazk2+I3Qlyhwd>RU2A+*4y2rdtXG&DuM~;PTy*ur^GaK>>N-LHga4;%#-@@Nmp=k z=nX@84pB0Q#368*lr!Wo+a}UTRERCRj=wS94s25NxCA*dcaoZ6Ya;o&K z5U?C9=QtH#p-1)`1dh3^$-mUN2F@|PEcVU*I8-8qZV!X% zPm!bx!q|0_44SDc7MCV}QOR09>FGVR9>3kcinjuO^u3adz`ox@ygubB;3RteV5%zG zc#nr$*B(-%hDQ9|B%}kR|udh@W7%M45)dAKn;(XD6rFb?oXy3kRZO}oM68Xl$gBF z*^tQd))A+8C*cJAe)DMDD_o)6k|5m3L0;Lvvma$V7GqPr^fTHG&=qU9@g8j zDOHsrP#cq*bEoaD@=o=)*6l$v>impcGe)9|_Al3zSS@u;_d_teOPMp+1i+L!`hryR zViEaGJeU_XH}kc2n#$91=>2w8tJyM%kPKLTla&dBJ!JWqvIM``ZN|;Ysqpue!UoQ~ z<%*Z|x}S!+zZ3!GW^WuRTUREzO#Wy3 z$svI6M8OzMfzwunzCDvAJy|o;zLr&NoL}T`?_@sE>@K0OD^`mBR4}yK!BVe+o;=wK z%HMNf4~hpEb>nn7Z>zC^FpGI=ifu`%4r^qn} zj7^3GWilIR$tPoAOd?y0i(Ycrwt9kzVQ9M5-p+tjrrM zUm^p1>_IUq0W0tz9!Ykyge-Uf5A7_7nJUwD*fh$=}i4u&A(EQS)@YTIP;7EiP5@E$WN4w~MtfT31&3O4?7E|{4v+XTVf zLW~_ysv1o|=JkLsCT^eE`MB5kj#g+Y^^w6T?JA#E&VOro$z;f`=ixuAVv)1-jCNao zX*`Cmb&21>XD~wp@}#vJ#)H_rQzY#;zq*g4F>b8&htWUCV48p7yTiYXj5)rn@--v= z!qD*NpRDKGi1Z1d`uluaFiFpLvEfei-op9r<}-l{%ezN?gy<8A_yt%`vNU%J)bEUt;O-IW~%Tb zi&8PNvkp0h`7aYI{|{ZPq7a#R+cnhrKK!of&Yp)e+v(x8`B3q;Du_wGA__lnzdHVz z9f*OrQ&1%=`+`j>(I1~g_`S-F#UKN7c;k1*P6V`&6l`~81yujw%_}yQ?aJapY;&`~ zmv)(A4C-d-@LKNGS6VRe;^g2t%a_}+5Ma=%n8*S z>|y72rMa6s&ohWicquY$X?Vt9>F~z%e(4~PDBH_a(HjJ)`)9mJ4X_@0`)HH*@<9~5 z&AF`!jT;|HRD4|+jefF1YE=yxyE2ZW7Oir1DcSN)g$;Ew_@t!7a9tS9kLuv9)eoEj zZtY#CmOJxjC9ynykWU37kNb<>Q@sV7j45tB3{Y7fP}Y_?EMZ{h0Fibu)jT;C6}@AX z(2s!zQSwX=!?Rs-NH;QiXCrWV2wIxQAZu`K4d`a|&g*&xZ@# zT=A1e9!F-u;q0|F@E^?Y)%+Xr_o%ef08>Ht$=z!`+H!?Vx^;eK!j&wt=WPGQ+hLc^(RUZj#*?Kr0IKrsYF`kI?}mDmI;@`4UCe1K@mz27xgb z)xx?Pu-fq(_WXWYjVX-uF?*-oEyGh{rA14OUq+=@a9=qyPk*)B3gWbC46;}|jB_Jl zC8FgL=3_d(&CE|KomIT(9&*WNWzG%5Z%Z_Nhgk@%{{S`_gVCJjcz~p`Xu$%Adl9}= zZQN0^tbX|A9Di#MOBFCboQ_c)TA7f&ASK?o;sTT$H_d zcl@>OqfC}=*<)v~f*H)=M^Fh2VEk+w=!>BT}#5{0Gz*S!qrFdJTysXQ(`6^>Pp zbmnjh^71*4a}FC>p;ri8Z#|-m8~(V=NuN-ifBDtz&r;_n^g%jY6+OG3qgk^{RArUB zn4Cf$DGqxn0T|=3^L{3f2%!pXB1Bk9-^+&{s_N6VBk7~*&t`fG@Z>(D8OOpa_`Av+ zDq60)7ZJL~_|mkTe_uI=GPb0=jW^`C{o2~x-7wE>lu}%w-%EqjyhV6Kh1x&ul83I6 zT4Ql+6m>jW@0#OEI!d!-qxJwLEy~I3gu21+UqI@P?1O^hZw?VIY(9T>U_TIT{1RSd zP}RB*9(xRl`G69C&aIrUMepc{4q-$>{;xe9(W86Wu=a@;??T$e5S;rFRHZqvqC5Ua z+y&yc@$yf4L!Kcr7*&kPA~}0IT!iK&II>k~l+=)BDnHYTqo|D6($e(zG9(BVtBJ=5 z?kd#RDP@xI8gY99@LuGsdPcly9g*PHIjO_jiMwv6seTzC#5v`yMCTk`3q~(}hCm;* zc;*@yq{#Ny#%7&U5F^g9-?ch@iVagzdz1SJy1>|ngtZWu-9j?Yd{O(tU4EU9TUR43 zSLiRh;P$5=flppj>q3&iJfHb!#D*y|dR*xSAdKI-6SCg=!ODYzt|^5>$iMLK(;(JPKO8Zqm9*4W6^MPH%z;6c+qRKZJSQQE z#=bD>u@W6-u`7A#Ks&i6i77!`wY3L(bM_i+W?`<}9h~ZS3Bt!|OMtP8McQhXcYrCQ z6^vStarg{W7tvICDwF1Cw5y9(O&bS%>$@lM+0)W*y@C zn6ZIKDRIT@%~j6}%s7+orh%V(OxE|K@UzG9)U-B#+~b-WZ7w||C>-I%#`!IyOSI-& zP6-f1i6#{chOo<78h)T=>k(A?c#d#BMji_Dya|vyc!RHoRp&MD7r&6hB(Pg z3}mMpn*6o7(q!2Pyix>>V5C6qQ9UDhZz4?JjWfx6p7Y!&J z7Rmn?Qx`|MDbf~qSRx;9n%{!Wh#xt^&=h>!&(Gh-e)lq=JIOI=^oJvAm{U6Qd_bOq zY5MTsdK!q`hDu}GPo_#gX65Rm;$htgT-PbjwrZJsIsm3nWGiVuGxJMTV*`TPmGn@d zxFH*5eH@tjR)X$<^Ax&zBoMJ?A_*16-AhLzQR3;fg;d?+0stZD_i7jrMFRQX*KYD! zD`A=Y$@M%tGY~ey9G#i^E*iH+D(M%9Rs!>lk1xVgz&kGrh zX16$V`Po&5a0=z6Vd3LV6mdPKow^%=LYGdegt0uF6stfCl0-0f~b8YLpv`2-4%Wl9n?q$<+#Nu!$LO$bQzAe>ZcNHJ!6e8!IrfDgs|>Ml zc8v1S7_ve0L^u%|$*-Y0nw5L$jdO4G9pI2={|r?%awc3~_2XukRU6)HOaokhpnZDc zJx-4Mk-ig6^6B#Ul?*UBO+BX~PycCseTb)ZGs&;DeK8lF+|8D?zqXN9@R!j2H4(MF_ahxcO z799bVoWF4Zf-fGhR8cvkKMN3x!)C+1xA&-`taVgJ9qhQV)i{%r64I*!xv2B#?z6e7yv_Ll+;Z6M6GkX2+Uc=4 zdD$Vae+6e3w-TzGak|jVSsrAy6+iQL%_CMEJCtWCVv4|sYkz&4pk!9p>xoNMKiclk zoy5e{lkC4A^3gIw;H0KNrIVeXfa8cqRxGZy2-E~MAJr9-6>x;I0O^IDC>qpyAGu3( zk*ao!71fU7srMnzg5*3Yx67QJV`_ zNi}Cx&8wV-?2=9;bZT4cv9UEWN=hcyE#q8#Zk-gJ5@jWnnJFxgR($PPX_{>JqN;ua zSWF$4ohh#J;U753(I*3(aw1&ta6r72I@iosx9))+1an?Ctj;lAZs-YcTbReuVJZpV z1pAKVgf5)uI8_IO43c* zt&+7zsTCHzXB-quc}_6TeiM%M)-<}^jPIe7O$p3gBK+Cu zT=4QqqCVRkVVFZC;Z;YQ(PXZEKgiX6h%QYhgur^N_`COcQ7p4*M}kSL!gqKIqyBCrlh<(d8D9HZ-Rx(q zkuv1{QGW^NCx-fJCew^`-+k%u{i?c4`83P;Q_&)ZY%7UgsY%dJcHd|geT1@4L~Q(e zPA*rs7Jwa#4qYHXcFN`#=#}!Do}LLZS8W`8wys27dZwnYe9_|AtWi*^(3uIikHFgN z=f_Pe=+jT`_A#hByHzyJ^&M+e-d0A0sw_I%AWVG=XTu#d&vzRh%u3Mdqj3SL7t>+v z0+*|beRbydPyWv`lKdwo0Vawzs<4&G_F?bd>7tLx%#O6u$I@X|I!k)m*LiVbK-TKQ zZ<^RmU%H+~SiBUIvj zEXWy(w4dz45(aMb&YM#QI<{1Iv~R|65EJJ4FrNKoDvUWO4<%O#jA_<)o>0;RCodw;PL6+gJjz$ipl0hY>n0CHgoT@!S^KKOF3AYi zYC!M~>q#{Zxf8#d-7R&SWShVv+!Nvca>xX-MYBPd5@S9j8sJE$efJgfv^Uy_4fLnu#wm*w}SUbAUZdLBx+Dzn&$-t2cx{KNery z^LWlR&6{n`VwK}HS{n)DGo(4LN*PWbnsIhlWLAAksA<%K_snB;Rx-j_=bB|p{NpF? z?^PFHMeG75@Dn47d#F!LKv4rsO&tbGg;H)bA&$bXBu$D~K*m7?e)TO_o&J|Ns>cD5 z*q>WsuwPf512B#?YrEThT%`wQBT7omY}$*Gb`t zm40LP>LNB9J~&dGCTi5y2m@ps>FzNs-krDpQw&0tr=g#iM3C3K;sHBEt?Tp*?iDU1$YFiXKb%ZG<7vS;pp zGKFYQO+$$}(!?3ObXDaby+w9oR>8Uz%F;#!n%=Nz9 z7i+(@-}OAF0)duC1%^Md#ld1zhdY@Vs^-3>$AT5{LOqT@v?!1;=FG;E{W(eAoUB?U z$a0p9!Porl*JiqfRi^>5Q7QG#MA-;JC@SkZZvDY1J(cKOv;4Gy0b zGFzrqdq|L6)w&r2ICcj%Q}wG1%2Cyk^W9E1IUt3^hrh|Mjgag);P9A}Hmu7J|7?4x z5QgUR2{gYn@6ZDJ?cicshF1$b~rqI%Ag=C)J)|u(>x4+O9s+Y0aIt#ZWpLu@S<*fW-IM*1}vq{ z1Xm+BieP#PvC$Ei2lWlo+!Brv3pPj|G6Fb^zV_EA!D-`-0=J-%5|uyfLI%BBiu7!( z{-ng{_^PrJmP88zqXHC_w>MP8Aw1gA0ip3}?Jy7q{*sr;mN4){JXL;jCNeWidzE=w!_)sZ*+)Hl z0fTum5k(XPx4ExYV7ajUV|_c;GGdiz)d)-n4Hwitb8lq% zAV;%NWZ71F(EC$ObR8pdVhW=)G|1oIuC~k#79oYcU!HhUvUyA zz&aeN^Kj z7H3ZuRU$~B0$*5#<5t{6=tUYJC|+^%6yiNwdQOtJN(>L@a|OV^3OhAeK7?^W5im!O zd}Y8H_*^Mngc00!w0toZa_5N^Nv9{T*NLQJQFz3a$aOtE<-ZsPpS68B>u$WtR*`Vyxhdba+xtb2XRu|Ni6nf``}&aQ~= zQmY^L-Cx+vJBT7kPDwjmcR)FyCh~x(Z0Tk@%?QaEDXiOU^UEYB94ULSWL~8X|Ktu) zeU<6`2(G{dBplCN5$#3ae>?GXTME@*=kf{(g2@~_aPu-7(F=;4wu4Q($&eyMM5R%K zN2%R72eLVW^_M8v&j~we1$B=J>)Gq$Ck@Z9ahGd*vR~4dv;&JOuh6TgTtH$-J{kL< zTc5_9amK8$OxhOASK7pcjM*36aBJHlv3ci^gS8<32izWH5m)!fO6ZCY!w?#G|&+F-H4j0uH>Po{Uk>11~bS1k_OpLbn04 zisVO<0-#L$sIUlZO9>;cQi%0m8Av)4yp6?v))?lToCGZY`lDAjnB@xoFh9~y$K2mo zN|j<->xrEtTc~MHv4sZy!B)axi?p@^et2p?%2US9T{n_Z2DDhd+?0yeMOI1dLXR?- zO}}IKjw5G^{|<-(^1W51Y=)=>>8nk!aGqhBp*s#2R+UH!caMF+fYJI(tV~x!cIfp4 zW_H|;StKGnwQIRWtP=6GFJpEhd!C7782Xl&^i-R8_q=b+yN>(?gjAI%g+%tTbUiwo zh{?hQtdSvJ53N0wWZpm5Wzm!IeZ@AvcX~?SK55ftjfj_SW~4cfiUU+HJ=eW_Iy#~X zOQ@%vMX8;;XpPh75rmr2Cn~lei5q##lWh%Wy;g`b*KIxb&fW z=@1(%d$~@IgFOe?6i>Z6p(I<`B-~9cISjmKX;yixlyyIza`RKMnFD{5^_4WbL+Cxeo7>H0=e7c`am-99si)J1C{@bo~PGFZDdf``A0A(7(F$4XUsziU0bN&-};U7wY$lk~bhL7*R;R?(|oc{y7z{J7& z-$(zGyYT;2YeX=N5|%bDrcOkR5;le|redbX_9mt<0s=73E>5O~wlE$Ww#tBCs4o~0 zvKBGP|N3&O8-zwy@ggWp;hN~s!D07EBrt3v(`KR=oSlY^(Bo?PU1&%U^xD+X;7U5h zDpYE;JQ##*!yH7aR9F>(y2r{iV!}G&0i8kx&gR#j-`uCXyBQBTH}0A>A|PdAUg!f4 zN1l#f!c|NZfqzGjL2A+vlZH{^p~MQn2*8xW1=k|Rgy;%E`0V$lkMGmzh=^3ZP~??= z`NMb4`V%1pnfyT^7sd-f)<#qJM{L%%^;fUHBVo_#IxE!#15O43c0v>NC!*mIpko26 z6D4u?M*@?Sf&!h#p$;ARjSEBChT{n76bQCv1M(Xrtza>8NuL$OfnG$piHTd9N?5GU zB8rJd87vSSF9ArX4bBF(WYbaRO0f|+T~)#U1vvkN6fQHa_+j2VWocSMUycBA>{mL7 zG8y!6Mz-bdfCD$Mx4B`41iMBdc)6vIzdYa!!6ZD}%$kV~MVZ8(o+z0HJ|vzfFrJtU z!3c^xc($I1Jo5a9@y1>P3w&O{ra#Hzw5<`T0;7;e3?oLlY1s*?h(5F5ouu&xC1C7V zj8h9?!B@VYs>ELU_f5hh4l5`(vxw5#Of|s+B$Eolh@nX6fizKSVRx|9IvwYi7-lm@f zSZgVi{&MWWbG?)M3{epzd=OT7J+Llf%C}c{$eB{eJgZtmkEY#?#=)W}^Y!fw3k4S; zzh7fyh+%0lk*R8>8*NRdGMvx+*YLRAbtp6vHW1PDAvK-{HKvR+ZOddOt2?;6zW1g+ zJJ-mST;}9>mZmd)GCnKD6OsCh4K1G!1sk`?jGR2dw=gfN20b%%y?(C>qpW;GdR<GFVoI(YDo?k+Ke6(*>v~!r5>J!n)X3X& zqp-idDl6L#SBg9(88=~?BzX!zIyDyj2BT!Ixi|HxPp-SudyTK^gL#P=QFFE#v>qTTIp?_|m|?-gdo3DPVFHNwVzFWvck?3|cp}?KYK^vlsb^ z^+&C|PF|QioAt_CWt1rPR}|6Qx;uYF=8~c%EvfSunK3>mnb-F`Xr2!-Or;SP8>^Z9 zv-&frJZx#L(q6js;~hTedQHNj7zt}Y)~_9wc6ik>$~zS$-2@n07cWAp3~HKM_&sT0 za$Gj@c(%rPvMuu#n`R9;JIgR@YMS$LIzjQX4jW~E=)tMjq50yKI@?Cy&k>*KxM6g( zksDD|pjh7s@<)VhNb^qE`5b9u+c_#|~yL;aW?vpgV#0)ya`hon2 zu*u@R`p!un4pC&m(!iE!FZevb;qCd35ORZcJn;rn&FyxD^i&u)VZ)`s^FVWuHDdPVwQ4^tG<@ zeNs@17k4{p229(0TMp=_c`;mVlwP0qzH498&;uU-!B1Z{#lO0yXe;YNUJRnH>Pr-Q zDAO_ySHpM-&30-R(r)AduAOt$@63&(Sx6(th_b+GS&3L*<|RWk&CKWE zPmYUqqP3^x2xrc;j>|H%ALRC9U%_;)OR!A@t^(SnLtA*1vJ;Bckj)*Pt*&2z-Rn3e ztH-HTYrCRNP@5(PN~K~ft`Ks>NA;SMcgYD}gXMUKCuidF_b|iTSqYNr8@9AQKh=9} z*32S@kdQuUav5-pdbQ4WlC~KWsF2Oy-&zCHup?JIe>XZM?P6ab5C)SV8)mxrTbj3s z&8XJ*c~|4KSFwKN^z?Nnx>EB$J?D?-Msi(?3~N%{jPQ9Mc@E{Ig4$h7-|OV{ZF98N zUUx!qDTc}W^D8}8Lzf|82YTtprO~u<^{d9*xWqc3-qTX~dS&Xg12F`AB;5~QN*`dC z7%w33Z@w`x6`x%GQ>?N7ud&9)%=Djgjg5no>Ho+RvTZYVDcxS6$8+Jq-#p_r8~uk8 za<};}tk8ckg%+4+AFh3#1rEPPIBNt$w2Y@S)&7n)OF@a*RN<#=*#tcLomrl70Y#F) zEIhinxB&6sNLZkt2m|taiZWuF<9kTsLGxkQK&U`$fgj<3Ab5DZEKvOOW2&>dGa|}K z{kP%|421n7OL`JAQZo33hDR1g)~Dvs`i?Izr%o^T#Efr-L?09rNRXf$*uX)er|ANK zgtfR`9kG>w+W$ne2%%ZPH?6jUjd5dZW@3XBPr(JOAPB+u*T?Yp-R~mw&5dk~UHWlx z&wWPuH?z*|+z}d$Jaec6SsIf2B5Prj`_~awClU$mZa@){KP$F37lDonTI3gWFaNkm z!aID{nwI|+JOFkb6*=9e-6{jn&ww}0I2 z>s@eqH~ZPi{fU2@Ct3R z%lad})Fd>VcQrd+Nwa`z*yZ-`f#OaD z`L91UkFfKZM3=zMGd|FFGK;#zJaARnqL}*$_rE(q68BdI90UuO^Nci(_Ib0{3#~W( z!cZo|LS67or1g@?81vb3#HTvFYZG&M1e_nB5^txKw-eC}He5a14%Q{DadHWL#fivX z2++`pY1ZqDmF2T47kwL2UR~`w{%SlyND}{1Uk=)K9@f6HjS;2JxFqqTRJUN3(2j5Z zL!U|V)6jM7;rHZqoO+p5t9k8c(@oz|VZ$1II5e|9D2(wnw5v-Mg5nt#rW+?N<&PXG zaMrRxVtNn`OzZ+W4Qd0AN1D(2glsvQYUGei*QLoR1+*#4KIcQz~lbGySr5?4248y z^QKj&MPN5I-*)kd-{C1i=B|$Mz$m}fGh7!{fg~f%%*_XqvBW(WP zvq+%6NSxe`Pfr2b+;47}GLY%|S~VhUlRR7etdl(@n+>{QvEy>;Rn_~bdN7xpY*Ju; z(u3*3$rSMg5+FZec_AQiH+z0Zv1E2e1>kvvzzC5@4q$@z70JSl97=bVFI~`yy)K?i z+q*A0R*z;Q1S3dfqSz&n0*dj*2T`dtK_jl(aiPBuNnRUnto$uAkUgv$mOfcT*qmP} z^n)aVXMCoA2ML{ZZ9D78vLRzhLAZ}cc@gdS)h4l=NeK3hJs>vR>T&M`2w<(oo=ayS z8J^P7H?joR7vt=R1cCqFs5>k=y(hh^iAzD7vC^M8u3XM#L-ICU3v@Q;d2m$KQP85b zJ)?T#1Ai0t88*SKDQyyEMi-T5D^syO@rFi^lTiM}*pE!@1YYAp4L3;@QOSA#hy1a` zYq*7L#HNDj&Ot?ervskka2U_`fjXEAnFIFuan7=HJQ(kS;LV)i8M6{i&>{WB94D~= zYu&c;pkQja2mV8&prYsR1U-}fexzbHoE?Oi(lymceX1+NU(Y0)1=eBGKq(vn@rn^C zOsTm-(deG5AbvLsxIGM5D?KAVo1me2VOVv^c@%-^&dGzd;^aCT_*b9^ft(HeD7UZJ z$s@1{!ut%xr>#@80wzDEvnr$B><=Pq^NuE70~D5n@Ad=e-FI#{=b#!3erHup4D#u{ zAEUxEERMm$>mXj)#r$54+CBUMxgTtXix?p&^%4TTOgo1C(lb_T9~N)j0u(=HSbVJ( zO8S*LfemR@KoAEpukeLRE5JMOI_9`YGdRVmsL{B4&y8~lXb;Vk9|)LwVKFk~Y^Oq#HhTmk)rsA&>6<2Aq0TAb_HDf3hzK0fG>DaTv$MSL4mpW*;d+O1 z^3pq|{6O8O+Y~2xp8!3V=?d`j^*g&!kVcaUMzHS==}7Lx657~w)i^<}dEM%7$5oIaMx0yQCwzf-grKp`Cwa$bp1(o!Ig2Mo$PBMNmtdTG&$!OCz z)+9otGumj%(Uj?6pJb1&D1X_K;evAzMz@`Ak@Z(0ScY-5-UE8MXj~nOsX5nJg zNzeRrm~wW__B7|pNe#i`a}P6angag#W>92By-UhJn?+241Tn9% zH{|J^Be0GrP6yUA_Y1cCuP?qPJTp1Y_29>BF9i)#zbvmd0;%WfbCtVy@->4!8_rz_ zN4h${yL6T{yy!*&6wlu6xK&dRZ|zvS;IVcZ;?F_k0B3l*9Px5)wG2IZ9Mz1VLm5SEz$7#|SW83V zvvUDJSL`4UNA1s%d0Q;IHNPm4YV@c9jYGdD9|avi@I#t!8k$i;GUwZ?RB7SLYET%*W?_kj zCk(|@W_MHtW|R6Eo6Nr_@4g!ru(8K)D%b?=be*4;GB|r7M9VT;KtHM2uP8UpSuFgJ z1r18ha`s41bd7%;%ec|=F>l7f3X|cDJKX95e3&nRc zk?teRcN*|GMLPIq_ja_{J)E3;iu-lKyPK6q1^bt*z#I4Ro{myo%X&3+LmmGrP?}XlW!<4z7 zOwx}tmiWK5VjWj}Xa%3=Dte%Du}bgq!~&&x5+lmIIaA3gfu_@%K6qp$c2c*hGJ~f% zK5jjV`09ipUw2%5NTmOk~lpDkhzSY|beX0SJn3FYtRJ5!*>3 zEqrZeQ}foGKl!9$DvS?U0zR~QQrFPISTODQsVU8S?hK^PS^gJQO<3n zHGrjGuiJxBkw$7Dq!p8apL}&f+TESe0^VB)DkwO2F)8Y7MjW^LWC|qY&EF zv4nKVB^H+wH}kb~9XbO;%Z5LtZgH8wNp5TMkJ>Ux9Io^to~;;NDSn?rmdq&lTfpy0 z=dmOboeAZ~$^`42Cg|fi2IIVw_F`eRH=ee13fhz{Lri=FZY=keH#oe}&?iIBzesc) z%6d<>&aI;k@brd+Y9M6WFPKn!yLB$?W^ms;*0wIY^^BTr5G)NSFsm+hs46P~R|)E*uRJrK>!ly1-im;2c%VeU z-$ULE0#dH?6(DG9?p0|FUe>wdEhI{1TGT>z3r1J9W6#?z7cz^zwUo};oUEBJM+jKQ z&Ch7M+U?v3XB>7@qj46QpoAcHJG>MTS?^|Is%8y-qt`;QozZ(1RGAB0K@aU4gQC98 zCEp%VP`cpsYKB61YBZ*e`7PD}u6{5m#1vW7gZ43;gAPf#fBR9FPaS4oh!`7bQW4d~ z!2EbKTYPGHkwtGpP~A!$pKJP|nlWNTQ(U13#jQZ<{iW(rR7`|7!U~gVe1c;BQx#{1 z+06@d zkEOS?omII()j&lk3ja}9DdkpTQ@K(cnmQfcJ$?5Fktt~Dt6{pg2Lc1v2o>~ZY};AC zQ;B|iJif1DgbrHF8N0WBkyv0sx&){sGf;TCfg^ik42j6AgK{x5eNf9l2Mc|2OirU) z;UuGANir|d(f8iJ+>@@WRBgT1k~c^Rx6j{wn(7S3Fw9%6;Z4LI=P3McBHtlqQvcP! z{KK-wHA2DIoevXH-{}%xR5EOeyB;-UA~)(Ri&Zp}nI7YM5H@WQDZriX+J!Dod2R!5 zmpc;?_x=;zKUuP3krxc*Z7BPENGcuO_$FS#pT1DEefculOj{wr(4zsG>DiAw>VPti z)f}wQAnlb!Gi{UU&>o-sqAykP@xFc?%b3vi8R_=iqWYbX<<=wTVlnNoZNjnO1K8hE zKWmwRPiBgtOBK;jCn%5fdyWH)Cmw5~-Q;u`XuaCgZbx{fu|5gvEbb;V7jR$c&8lwd z{BylY56#cReg7^_E?tfe01@ccXyY}ym8?Znw1-hyhz%)JYA_JEdL%}Ky%)4$jKGyb zvxv!jb^Mcx^BejYHb?Z`fiV_oW84S|=^QVQlFNncHGw@T3-{ODJ?RMsOrK+qDQsYmW?E`7@9R_v5z{P>+>9A8dCI)EAAN<+FFdSg9?^V-+huaz>7aWy3;{`ont_+q*a4R)qFy?2r({AzByP*`{;WVHg)O6T;yAM#+ ze*-&kz*v{6bSf|7~? z8w?4_LI|LejG*Q$vb>d7SAu_a?gyQP((SsieCmPs*yv~EC+>kz8x~LNq?Y0DS8LVS@QmcHqsgu( zqlTJ}4#cMn#6=hqWAm|WNGmdeVxC?aTH9C3e!aJuBB?R4{FEbF%()7RQ{t#r9*Okc#z2hQY$;$yK=2sMUQvxu6j3|8QeIAfSg8!kE2(g z=4_=C7Q!ndyxAuJ|4iMA5;f#t@;zrG9*HuC-e3LZ976d*QG(|AsM{{m@p@G( z&Bjc~+ilZq)DrmnuY(1pt)RzmDs87oFncb{+VIm>oW5~WWnd`d5^~uAYbGc6D|9*TwE-iO5hJit=N0_#&;d?_lWz0*!$k1o zZZ63^N0nxTG>-@qq)^s>;>gVh=P5dK?b)Bnu94FiLU;1b5KvNvnqg#gn?p+9TloLb zG#c8cHmbDxSB-I8_Eipn1_yp(qW8kt(0a&@z^==5f$r}8r0re9i~afJ zRH9}9EiXwhwEbG$VNwPe&1hTaE{&MZ!&sK=1u$`hL~T_sA-)nR#9(luA=0_w|7Q&Y@?m znz)4K?+q?x2ni?*hSl#7uDOF9Rsn2#k1dBns_%p}VWLfHww}7N+bTdEP zn?Ho%*xVi;OUazL9c17eF0<-?L>_$|#KFwsC;hsGf9VqkzzA_33zjUpt z>4dL3$>s>joHz1SH6u#CQ{uqTWd_DkCMTl?%VZ-pGn#Xc^mJUBL%UXo<7+I6;&O>x z%)!0SlCsG&;JyiR=!U;w_acz^uj(Ww{D^eDWbTW%NpgQ%28-D(t5tk`EbQ%BKk~@X zS5;SB^!B{0mk~=%vDc~tS>0_tGJx20p>g;w>I;vKHr81YM}&zuHbG}OXqN}YRv(OS z-t0(wA=hV^kBR~yUZ(QwHSY-_=-YthO^F9L zDM|_zqId1iM@XMtZRM2rvjb`*qEcg+onEasScb*dS-oHWbrKBAqZFCMX*6>B1Jl_J zhFgBL=?k!;Pp_YHj*wgHB&DD1SbrWY>j}9i(q`k4e{%}(;I~m`nK~p!wGa`pbmTej z_!uDveJ=6k_`xD)H>ti8>LzVd-lae@lJO4vxWa7OOphziCFL;s2`=KSj5&7#GtM?0 zNGn&i;hkEMtO&q2fI!;fFO;_V6d9RENb5dg6?lK1SjWU64TP;4Z;kbBf@qpD)8l_@ z>UcQLHS$CJ@Je(^*_6ch+tYGR<{TynW(?Poc9PM7oev0Jywm`zubp15GSiuIgPo0o z)Wcu0t+_(;K^U{Ei*q4gx-invbn0nr!?N7^%sGgX1aJXWiPEtp4{tgI1B7KN)=Vyy zGd82Gg+-9rL)NxA?5Lxt9~>hvj6`Zl`x$WUxb;Z$=#x)?rc1RlfR~~RHj-eqm}rAZxVzKnX}x_%(Cn}YO;O=si4PNIQ)xei z0yI#;+gS%%@UQaL0w5NSRIqT<7LE8$itlfoU7)8Wb@dm|w_jgK9=7p%pqv zq>h~sc+AoFv+~-%%wy~~(f+JIQ>SS!QjT?ffJ47QgtYmlT7#Z z1sM&=01+fRfJt{g5*9OWw_%VG7$cm5EvY~9S6A2x{+ghuC=Dn6n~WK+e$l;=Y0i9E zNOP&UI><4yPI9^T5lIlFXfY}$_m9sqYtEd~ayIcb+B12lHu#RQ(u2?yfH*veFBqSs~7x#3}@t-1>+^TqD(I6_x}RxFE8Li!z9 zsnL%UY)Vv@#%DMFeREpUEKniB9gMDUvJw-8RPR>5eY0q=TCE9Iq5-gY(xDi(Y#+8b zlvaV=_OKN5@$?Y15wHMB?sd^QwtUY8ZSOG4fiC(5I(Ge_b_Bl*_9b@Ljms;#3le>s z&^cxLzG9hbEP?uf#y8lKWuMi;6;u|*RCbz44|QaRQ7|6>j=gzHNjLBL_f0};HE||& zm-fp!m-@&@sVQCE^HXW5atzQ~D$EPSxjm+QxujwHqLQZ_mt+=KFZ_kzpc9 za$qeyPGts8+de}4iLV6=@0cYcOzEj*F1^~d$`QB50dd{A&55Hhg)Fr$3$RO zj6;i@Pegp3GArES}U z4QUB-9xCDT7=FUDUU|dKNyjco_!B8QlVInerA%TNQS799)8qu70OZGp?skOHNwD z#*&X~xB!rd1L~Iyc2401Dj>fLJ=`C9&i*`tjWbbAuSl1f{ktI#Chb+vz@1*~pV^S` zu!Yr+O)q;IbSx&uR!agl2U7Gc9_9w;T8!4;v89|8e>J#LLWvfZLgiSQWL@)jAdF&3 z!h!VM?2Rt++7w_%(M`>EgNeO%J$kNEG^LQ6@haandb)h|M``dc0BGTRi(J{||pDFpvWdaYPoRT&15TKlT?8{1OcfOCkJ{RB!7m2eRa{Sh)Z4Uq?m+L}Hh=B|E#E zU}l3@rGVej^&DUv-L`2nvGSZOu8_Xdy57F;_0x!&eC4Bje31 zltCl&)I5QVIw6a{BI?ucZ+AbaV`ahwgHR}bN_kQzlEVT(9>PE9w%#7qo*Pcd+L+aR zk6o}b?P%y&UX3)|nOB1*w}^!zsG!cr9^>`DEYL6@w!cLEqdEgt=i3@q5>m-TDxlTi zs!ZbdS%e`ZQ~g>s90Ni{i-H3PY->{}|GuEheqAA&lZkb%3K7@~$lEUW(rB2sG8%>t zgMLk7;>-GGyL!aHmJ{7J@KYf$o@8icx1NA&Gw>YMh$8<%Tmz@2+@(RCnJwJ5fSA&I z#XT5Zfh`e&#*WsN=bWhXS#oDe%aDPN20* z;;Zh44@IEoO`JAyXsNQPW=*bi5UST7@;7)%d$5Q{jkJ$XGGTxVZ*DQLATNN} zo!}vZGA4ZFVlFOU6z2%l8}_Y^rNwsf2%To_nC~>keZlwBX3YR#DCn!MSgm%dhGq7F z8n}BHHvVHKJ;2+g&}%-xUqz$94-UiKOthNj{P9Xkr~Gm$j!T}K!tFLm8zRwhk$a95 z;G6=UVpr!_B+Y@3>COV5(2Gj#D+#y4lU6wq&sE&Zuj)R#j|4kE9yeI!l zite0Tpts*OFBn$$nZ&}r{6I|VIb7z%@9juvn@B6+y@;jXWmL)cHp|t6P!1 z!4YS;M6Y7c(A$-NT57hbls@2iGKokgw5Kx5WL4J^@K*y{IVMuZ?$@lpu(Li^NDQ`j z^y}n0_7|yTtS5z|{j-YvK@nPO2F{)~Vm)o;@8QVS|8Og5Z<`r;Hqu!2kM6#dAV}Se z%jh+hEv0M=h_7(2CV;^=JMJr>)1;{kD2Qpol!J#&QvSJZz*u|2*ulRPNrby=p{@JL zs!G)O6d3OIu6Gg-&GsB$jEfrIyubZG0{jJ1rwUCDfm`X~6ID~~TP!mdS}et4L4tvQ z3(Y-5r*u(>ACVxmv~V%Q8zOUaR2{VzyGXd@!KhhM^eWrXY1o5YfVe0Uc;Ts{8YWe8 zA{$ckZhiP|P$k53-WBVsZZO)QTPXj4H=hAQi{{0bwW5%7H68~Wd{)qX-i%MlXGQu# zhcPRiQFm;5rtr%Zji7%br3m@%q_{*X+AAmeiIyjf19@crfy^$Zh09Vm??Wh-emsY+ zYNCYe4)4UNa4PvU_UU4?+`RYddzNY;Bk9+I3Cj%G)}in-%+o(F=%uyldv!eLNmL}{ z`}_UKcIJv?m0Or=@FT(db)8+fl03Vi4(>PEi!ZDyjFQl&Pno(xkT~76mg&AW^f0xw zmn8h$&F9I(tq`7F2%)!A!MK^oe1paK-thA4fo`G~etLNq<;3gi_jo1aRzEk*B30^| ziCJeqV*C5L^hAEZH5P9rH#bGu*#uSC+yI@x&h=|740C+fVGj^voaoGN?wkXK5w@#50?keSvCC{NA|EuSl#&;hpY+y zk66F=tGGk#L82#^Uz*B_Y@~T-+%cc?qg1BQva$qBUHCiaMRNgrm?Y&Th`tM{bqqmE zUTKC%0>yD*ihmG)bL}1~*-425$FRlKgWbswfxOS=D|Zy&LiFS08@YmJwI`4E^DX6& zx%jFR71Z1k8^D;x`@EJLVa;8BICwEqNcgn+gR%pwK?x^P267W@4x}nrVIF~vlw>YC@C0v&pq)$lxIcnOL{UF{`rJQp(hR$jOtHQEI098UKXuw8 zHzFEe<_1(!$F=9ID&$4Gz(d4zGUdTf$TFFAZaw@D@wlkRdL{RDR?(@BZ-%+^R|0+z|^bhcD4DIWu&PCBw8B!K#*FhB)9sEEhL0# zX<@bzQ!bAu^xlq+B=kFs^l0~d9L7WSEdrR}I#z(K=^F{qJ-;vm$TKmr&>K=7rfLSr zrHs^1w@g>&O4?Wdj;lEP$P>P=@MfFkUvgn`n zI)=P@%se5^f(@jInE`r=1a#A_{lxG0&Y_Q{ z!L^fxoPxfPZII(-k(*?7Bi2BJVHfO^l<5NH094I0e_N8vudAl+mmGRnO@M@}!|sak zAY|#jr=77<48jUcA@k@d*EKHt1i+U(M=OrZpnk`bZ!|9&82EeH;xWA9X$xaBYND1@ zttB^G_EQP$01m1q!!<1GF;yND;QcNBhG^1A&-?{@5CzO8CA-$J->i3W6FyFZpw>;8 zJpX6r(;0QC?;+kqjO1Cjfa6JG{oS#XvZVTEC>~+9U@+FHIng^}%iV?@Q}Vr}LRw#M ztwi2+MADk7IW3I$jkj4D(g3Z)+=?t*1`p2xP(K#t>p8WNqIDpNTfw#@qAczJK@fu6 z3)S+=;5!~hb&$sSq#V`*9tvJ;72nn?^CC*<_!dS{B!(*4EEeZTnjj2}c(QOr=tI<1 z6dOKJuy}X7)!ukmy!Wa=uGJLwd&B%(%jD--*QXX3R@CwC^Zo8sR*5~M-0yr_*}E72 zNR!WL_@VK>{7EIuIyfxoQqJ02=mvwnzi~#F&4uXflx40*{{Vn2+^a!-F3^q-5{;aW zGbyIk+wjMVkso+++r%{URAeWp;SI-c_ZBSw`}%7xby6E9qnWYE(2wgWE-8t46V_}QU$@rxov#dY5YiR{{}(O z7=2MV{l$JOXN}r&XfWEW1Vb}B^ zAoK+ZRwle_i;+zWqEz`PKJ|B4iyo|iE4o>woyG>R#<8hdu>9M#o?X1qRmd$VJU+<6 z$r;dP&-OF~9kE}B^;O_g=(bjlKi?K%#YxlEwqNsqf{*;QD` zP;91QI?#BKWhXFkmAi)~f?zD&El)JAjdw*bLY#T~dSQ`LK=NSJFL@g zRCYm}@4fj+F+M%EfNpIPa#Js(v?`L}M{d2jw#2+7lz3M!MMS=}G!_@Vvyg}ikFm)Z z8LfriMzb)3Sr&X`aC+>Npnh!HEf|F<+E8}mnGEOm_aCk}3c)=rl(aBB50+wiBA1>k zxVjKl#v*@u_;q^6)rDY6`WQh;U#j02RC;0eEphF@_D@&wOz-3;F1|rY$2&Zf`ZurH zc&LG2^5o6gce*bTcmpg{S&#L|Cg%<%K&o{u&F0-vxy^4>uIkovZS1wvA3PpZ+HXkm z$J#>JotQ3q=ioT)&ZW0SX~( z;vFi@;!uL704}uaZZ`|B?tcA=(;@_XE+aiji#9e1vlI)zJi{*&c@as(pI=)G9)Ij` zBT)VOEWe#|J>gqjvxJ=ueK*0E2}d8b?ERA2#@pv6xeoqHqWG}@iL+^+8i6Y-g%U=@$2^UKD%}o9 zA=@!tKZY%K(mKb14=KM?f#@cpjE4^m>m1Ca3PZ=$zb_G{Y-!s&*GbX3L{98Tw|#|T z8&SOote8e>lLyfR!MNMeS+qPNS5+~w9LRnxXxv_*uUHga^Fsw`s?<{fH_>~1tW(-xB4g0(WMeoXk8DlCk@daer z{^f)1}4ustBG4R!CTQEnW;mm72F_&BN`yIAv`=8>sP?OG$}dkdR7uq=7HClu^qf@r)q)}3~U0!Um1S~tIAHGw}L&_4lsv9t-S^e_HGcM6IuGFEf7&gH=qj; zde_UA_fdnBv`nD~wTwflYO=%wV#;a>0^N9t6C|7F^I{%`jrdU_WR|YI|LAXO$`J%J z!94dKSmieF(aGpMmVN8%QHa(;smfg$UoXTW@?k_2t3WLm5igOI#cFDvO;mjj?tqN- zVv@%B@dw}ef&4`(z88|MY57h48GeKCyTzmc-zAwv%w`xEmbN_e%k5>tRZBq*P1G3c zJYw|$HCBfJyxCGg!qFb%+=!h6hO60la=IspAT> zGcjbBZAD0gkW{B;PDQmaG5)A5c!$;B!+*{3*TnV}pDIUQF|4S4f6}nLb_j)TRh#_h zg4t29BV<&10>(0##bWnQG1Aq(3heq9yjuvm4|c11j%`jWH5)|4MEl2bC@axwR^hs_ z$O{4G7V9Z;k#x&vk@pdz)Mo_hT#g5<>v!v*x*kw+-2C5C`=}-rb|(Z+?d4Pp%%`&LVadX^pbG@=)u;3 zR#`H`I56a3xv*Vi+*X`r5yu+c3o?NlSrO{!H&Tn90XuEuVHikx4vX8|^F~Z1=k|lY z7V6O#c;>%<5E@Zhgq`KS#@B8}aEJ$JP19VgU${X%CWochH4tA_HLnkPy-@8nviCo1 z8ZD-sOEwvp!u27Dry_vEu$vzT&I^fY%k#fbTl4x7cMPhE)FoY1+;s#+-dBI{{Kntn zT)f~dzNq4z4Vouj#U@p~8vZc$d4wqaSiKFro6;npG5sK) z`kRD22Yfw*W~^fS6v+$)4p0BZ#o^`;eKEz-xZfb-p-59tm;bs|v<|U5B+KLkA8kl?Ssv}bSZ6v@MlTz(FZcdVwu_qL!!jmG09p+A(QEA@?wI#5e6%9;UtChF6gT_ zdfeaTdLbf(1Eb91vOiL*hr}eIpl7~2hV0LLTe@Yj8i#MMkR2(RkG?NDru?!olWPvo zyt%Q7?$(gr9?6}&MPzZpMDCR6&}UjhoX?kGh+k+YAlOldT|w<{>yfuxb~mCe>dp|# zDw>>RT79E0JErL)L)HXmXiDfy9|;N;{|>am?pps6C(!7Wa%Mhcd;R^c)<(f-r277i z$^-99^H|CSatEU7sxQ8f1*Y?LB6j$#%Jrum!svFAd)K}5~BOSDTShu7d}M7E%kGAQi$mS%Hdg&`8$vu zI~4LaWq0lPWZ>NWw4t?%%G<4zXwKW0i*$-R2Rzr#1a4bo@n6v&dBi&?!#^_w!!p$> zZsWIbtpAU(b665Zi4tJjwr$(CZQHiZ+qP}nwr$(CyXSqtM9eH}U7Lz?Dl^}m-%GX5 z3?IVHR4Kezem29;daYZ+_b(eTxZe=MZ_n-^RH5G*r5;#3%3%L{{NwHvOvAB!|1+M%8Ri^%!xbB8 z8P%C_^T5&e7iV?SX^|WD>^(5BP$(^kIR)!EaN29^r36E;ZVSY@ z?D&MY(T*2(Yh5ti4~jR~LbDIEyNH_NhQrCjJZm&dj@B|As_~8xW~!!6P$xSP%_4g;>SH!quxA+8X%%W;3e>$uYr*c z?DF7g1_V@`B$)1UYUW$yaG)@*Efwh##>%Fppy<}cP*%K7t2l!{RIkDS$ zS^`AKH#qYA@=WPt&jUQ8;}+9d_aYZxXWpdR**#2vzcqrBL9&+Eo#9V_F70(T8<;o> zA7vXiK<_mJK3$bv8;qa4R&jOHZPmhFjdEVpaQjZ(`5N_`5c7vxCZOp@l$QEcp9S%R zz5|#|D_sfGHq8{J`!G+Fi|Gf-{hAG8DLUizccjk#k#Jn=v*A2Knd8dIcGDpKRiLUL zlND;>5!F_(iRe`SHkWf_jmAkQ!wkxllV@EcDd7&+vJIA-rX$A256i9lC(?!cLvApHAV8(jtZYrQ*RG#Kv6Cw_r{PgjdX#lqcr_5iz zK)|I$d>-{F$y;`}0euC3LC$CinCuA0CwuK4<$xfc_7U}!`jVljcqh`e*-8DrqBq{e zhR*>8x@p8gbhchdMM3pn?fd(2aLcFwm5qzf1zcdj263cA=3XI`82&dYw6KO6Efpwr*tm_P+>!C=$_E-5dkuiTysvV?PVpPi2YD6gB z`8YmYa*>vhNXeA|j5&+pE7;!&h!d&v?gIO~vU@?_KRpYpb@Qpy50+rbMdTo-mzr2< zQ&rdNfKAg-;Tw+3kk4DKI8JPidC*O81lM2-{w_lRK(oO68-;vm_TR*GtHM9$Gs<;u z+^RKULPvuKEoOi{W=> zF71d=bxI%_qMH^z@ET!D41Df!=|OnS?m7v(aX!o|;G#5J23wF&tBYEWv)D=7N zM8os)6lHyYf;=7}H$fCNRKqcSY1Ax%rZ}x(SPUOnIYIl@Mtlvo2wKd$tm@HN>jWov z0^@P63_kPH;2QUQ-`FH#4fZ!xD!4L8oEYt27dsW%Tg*Gy19^%W#E3-sH2zWSgrZt{ z8&*si&T)4@>?%SpUGZ{MU|wi~9?EoXs9ve4r&8lU0I22AjSpSRZfQbbCbDhf{O6~8 zm`a6&idV}Q9>L!KwuD7ido0ienj1{vlw36#?BTZRbf)Wz7~Hh&EZr)3B}Y_|(hCIj zrf6n-zc{GXO+yFYVw+=p(q*H01{+L`H>4d0rV^aB55CG~8`Fury+>d*n9z)Xkl&zL zjtz`lOtvy)8_S)tL*GeIXIEdEPxGBnAN<8&`)S*zOfv?Gs&N*Uxm@`Jj> zREqoAo8N~>*eTZVjm@r;Ln z(FWq_`?vc+a)+$H#kFb7>JnKg*B(R(6NcwnD0cK^BTbQcg~pd#YfvpoOC5*^4=j#R zC`$qT-l?)Cwi#3F0o*0KYB}r%;&tqU8vP(yc_`NuzGIUVh5lGz`;X$HLr4oLObX+H$*HZ?&y5K8v;8x?Fc#{EzAU@7xvqblubU_A|?O6n!;!Sgz?@ zgYQ~H1%)ID?yc@hFHQgr3{A{TFCeR=8W@@p4%|OI4kj*0cnZVf*5Xu;&h7^K2*eU- z2Edw691x1yKRG=OBo2t+?C|W=+F0)bs*tt#y#?`ZXl-L=YJLLqeqeC5Z)a)+x$o}o zj_&5}Xzb#KZ1PPm2@3(zt_1{ms@5tHke=As8eNDIpe3aUOaR&p&V{`Nl)NKjQzHZT zs8%ZAjZOgDzde9y@P!X*aA{y~_Cha17ySoja0ln&_5+^Y(G-j;ASk3Oq9mz^OF%eU zOb5o$$__j({g-5ScRBba&oaNfajV}|1m6BzXJY-`mpJh!^>^j^`W-h6F*XRq(8S~l znhro)eSMJrJCYUM(*Ydt#BavTKKAGM13Z3$?*nk@&ruAR4mk4{>DJVu%F+r9R6c@p zjkBW@I12y@&Ya)GE3h&!yZ-B67=2T1)AQ?p^eZ0{UG>1v6S1!SJ%sb*FQZ16sFo|h zY)ZZ6U(Uwf`V(I0zr`B(R}lp?KRr2f%m2~u|NdT9Xa@J%s`qC;;otgj2bwWlEFvPR zdj8u6_<)E{_j}W@iTgj7`n_UqdqoxPNH&@=f1Cb|*V0@IRoH>^raL zJMQ;R3BtL>29qRr`)A)cz#_Yz=|m;YJ3P z(5~=Shk0!+D8-U|qv>hZ+9YQZRG~z}D29sblTfi0Sq&ZUro`g8V!qL(7a`!wWrd;MvW(a;c|QNO(KFSt~`B;?Uywv4u8j82j<@L$)JE$s&(ov_mLmSSeUS?z3eUa|Ggi~L9+s53 z7KnP`$1jSR8^}qUIRq&UB)dKsnoKLCM-F#X;X_r+0jRR!mCh>p4%}@C?Zq=&npaG9 zguOK`3OeYV@rNQR#d-FfP&S@O#^)%L!@RpuI)AOoAUHy5!vjrTT}ngUV6y7zp!d&V zIuTdNl^sO?39f)o!+mi7oESr)X5ud?4ssWiHxEBE7n;Jqy2<2?Tjg8N3-^j^+8v2` z%$~7MDt@xJt|%SQcuA~=_CB5TCMwpXCrmYyQFhsr1l*-D1z~iOdH+Eic?D^x zY%R|N_E${7okNfY`ED|m1jLxs4_&mW(2uJ!1ek~Ql3DIXg%~eWJ~DZ4#eoog26c1{ zc_Jl*B{@M`b~jY;Q%K7%xJgom03L?(t=*OYq+~mYl-A}w#bF*QSZ7u1Y$YI$`guBR z0+;yeSfG;CaAZVdI!0A3$GFJp5}(c_^$A8xLKe%!94%*wNo`(1B|_>Cfp9Sd5HZdU zsJDofvzID?--d9J5??UzWoJ!g$aMfyj33pi%!*QpT8HwGUTcKGd8Zp0KO1wR#-QFP zN~^D4e%US2@Zck~za^X-8-F|G0e3~7PzsA`>$!zxj!D?NYcqRz1oLkuVnyen{PT1J|X_u@giDz_s1!Cr#E z6FyFK&y{!*UNrAw&+WPjlP-_C6?5R&u#*kdeg?9PsTcyVK#Z;!s>wYo;fka>b0VUH ziEpmBO9V*hu;*(;ACUd{iEBwPn&sl_FF$iXEW6~_hYPrpa*-&`hm>{s`mJkYbY2^> zcGfiYQdb{RJsBTiheNWVI3F-Ig2GaIGZIKWbKtT+7?%VJ5<)`yD2Z*Mm(T31FTuH^ z7mclH@l{?-L*dgH(P!4A;MXfrqAVmVTgt$3qfTiF{=(5DU1qk9*wHz}r)VCsxs9-` z1dLgbG2;Fv#f96M`mzWtcTc?FaS8J&vM)4=__2Ggk=!2~!t!6r(l?0Egu9-2WMWe9 zqbtV(`_HXw6OTeEO8gQow3jMir{RE1FRLg}tW}3q6F7c>#A~y&(y2|Zzn?-+2jrdv zW*PHhCA^dI57;!L66O(jBi}Hi6*mAZ5WB-Mk4kz)oLQJ+TMK51arU?cR442uB z$_}*iUm#eV(%#jUn4@y+t)OB5t%9>jA>)oKETZ95aAYNLSEoZ-F8=A}QLj#6h3870 zNTK}|q?q8NbCGAWVM&A__&A3Y4q?=;wboM%IR1ClGctYFPlR?A#CZ=IaG(v{jH$Gx z8?widt3Lax9ESqYwdqEl-{1~=Q*4SIbm|WbfW*`Y1r>KZ2LNGWv<3gwFx-DDGrjvQ zFLDi^(jkC`BoMh2OtV^XxNRC>`tHn{Ra2!fMl_B)&vaiNBjPmz<_y>WHXy!2J+8^= ztA}L&>xwV~Qd6HnS5l~FMU`+&_)^p<2;$RIle^InHn&EQp({U=Pw1}94qZ2>$HfcC z2QY76`tVj!0{y9Szz>h8sIfWqM-3A$;UcMBChYd+?sF|gz7$4Z}q z75ekQ!6Hp%u$)Y<8vmt#?9VdQFNy$pySbp#sSlo%2|bvq>IjE z3okNeyZ-nviGkT(utOcRjoHq=ua~1x)l;1B;{ek=*nwGNdMjekzORr2?4VF<^R7AQ z>#|H6rRzn9xJ1;pxtm(_DZUs;vc%4A8xsbZIqlluJ-Xf~JhanRC#<)7+eN*6^3o`l zX?@}8G=1T?hT4PsvYif52YTCmUp9gYk}SnYRF*~L8G|TFC)9NYYI!kF=s~x1?yu|s zh!2pOT-BMdp~ss$>X9uQCucu+p{e6W=ZfX}98V;x6g)3`OBmP=NF3RH4%YErUm7!3 z=Q%osH$80*iNjxk*IJMJJvjWB;9dHPPi(6lw+_Ho3xQ`&fDbwG})lF&f>IuXJ5M>okXCYHNCM9wr6aYHSt)ZQIVnQ&QX`MxpxiIx23$e#FOEAzX4_0%1$&1#*&DSr7J*{oJBb` z*C`1ZwMVYl682veJJcroSkV~sX(xGwfuCGHwwSG5)ogN<+0{L<7$piZHE| zg?3V^i+Vjq+Z~^1>`sRPCSVCMbat0UfUd)tim`T^{V6*EAC^F8RD|K}V(*K*q~OAU zTCxq3PYzul?!afZ-&%Z}n~7LRI-~l1KoA;KPV2)a=l1w(1cLCnmNN}`#oc~lfI!*{ z`P+f)ah`(PCPxm@eiW-H;Wx~hr{!Wesw)m! zp4_b)AEor7Tx)LY8~*_ruEMoxK+ilDSh>n3MWAF+h{z>d@e~B?tiVR2qW8Z~kquG5 zqhpT%T5uI>5@j<3P*gHm0}CI2>l1U-UBwm}=jgu<2hy5e3?vu2lW^ZJ8%htGNFr(~ z{Pc0DoC>3u+4CSbE#a}qWEej!FdiRRXlI=$kEDjj3pcj&Uv99ybfSY(*@IPo`IHoI zCq*Z3Dc6rskCxANK|hfk3A$AJ)MMRcSf;6=Hc4SX_sn!QM8%p_*@(GiIK`gC29`5$ z88v-Z?B5-XSu?HfHieD^$(C>Ki%!U78hGoHS z8LISvvnkGdl8rmwM?&X325^wpK1lD_nL5I;lKn+ZF>(FUV2l#Hq;7CEV@=d zb$QYVDq$i);gJ2&l1P=d4vl}SWXd41Vx~o&zC}}Ngte$cuGQ*D4Z5FC-7WYzVRhex zsOp#Ir6IODdAnx1CB1~gZM`3E!j3E^jMyR#pt(G3OKsZJ_ubqfCwY_$fCZ7mky0Jv z6kW-Vv0V)jjc4;)_;1x`3b{dXY>Pyh+`vP0B|~vM4_<9kKd!{M+s}14*-o)Jslcs!8Qh#n{+n9#l$QyykWh|!aA(*2E!VZuz z8au#B%zbVcOO;k1Wj~6A!Wd3j_5=CDCGq;8i>MQMcNSSM!`0Ep5K8~>pd3u1G?mA1 zSuTMV)_L}c)Vh{q$;X8t92HhFQd}i*1%i^CqyvC(hErhE#p(uFryZQU?O_kQ8BU`n zM>>{`ke&0qCgq=W*J_dAbXGexAmu9D~>gq7?e+1W}Ur^zP10Q3ax;c8+g?KvNz%EZ!c0B^XWKP9TMRNt$({}@k z{H~lt7kfvlu9|u;nN7fe;&e#JA1y^}4H^x7H^UXfEAUl5*0cR|YNJpL^KSUz&UH@z zh?+d~Y&t=(tMJQ(jG#Z08}p_*t=t#O=TH(e($#KK)!}QK+)Lfct>0DuVN_QVZt!rR z(q(i@WQ)Ur0>k@a?lGN)Et$%^T>F!Ftejm{Nh_oWFi7B0^So>wp_C1>HYd$zLRmxj z+2a<>U4;ktSTUSiOge42aP0l&_lWh|>Y@g|yk8(iXK&E!vLRr0v_!)stww~69JHS_ zJI}m-pD>0KkdPujPI5319I9v9FxCS&nri_4y+4vmxN5h&XXlD43qV!WC|Zcn@GMy42Ht2?uXm$!^dW8DJkp@Yrv?)? zwmK_VT;Q8W)ai0-OnPnBKr-HOCTVH(g!>Bu!=pMWLls~pEZ=A==(PB=2U`AiGhLra zDO(@Z?Mwox`sxYVw9G4E$cHhkYN6g=)XZ0F81Yy)c<5t`ITVtbI<2O7c705lz^`t( zq~1nB^IoSE1$W|1+JT{b#o_YF~$6*H;F)1peNi1m|xv(y>L^=kikC=DyL* z{r9C;%b~k!wt^$rwo~-W#>`j2LY5j0^B{u7`2HmzNLmEE#?`OO0Qz=57LQj*x1F>U zWJUZb*#Y;oiM=oV7q#MVO{k^pp-!DF;lsr8A-52VD)-9%Q&57M(2DH~AvbDv9P+dG z^V}85^(ISj&(}@*GTsYjBQ5jsker7gm9{KRYKu&=^=PLZbz$NS_Y^dt#W z5Y#2ujb=}Zb9svQUn0*}!Li!~jmI+xbnL~QR32J>BlgM5o%r=}f{bs+OS~&Nmj15z zV==nHrOS}5BD}|6{@IE`9Le!8g9aqmao=Qxef`d1bA2S8 zc_yyVtI}l4z^L{;;TMz@Jo4F%k+!^D6ymOhF~f!r%X9kKh5T(w*LOhk>z)WDr1n>T z`&OJj!UMnedX3RLmG{grgNrT%{!?vCJ*L{XX+bcz; zR)hVHW34CWeADa1m?ikS*ni1Ut4pv9aEm)?!$YcT++=zSL)=i!?USz&zUSm5W%1el zXGm;w4(C6ADb60)TX)dB?^tKI5lz}*$$Zx~NWI4w zZ;9Vx%;mRf4(=83cGe3&SnehE=t(2Wra%YrX|7#?NsAPbY5~@Tf;V{D>>7)1(FD!t znH4P>A(G;1P7>PX@S;|EV2|`m2A)*cBF-ygQCAd(<(ioc(1zB}%;J>c6u`q8%)eHB ze|WL?XO+3MSn}DV%a{s+Wru`NVq#lgo)NFU3Qdn2uF)oK9RJy)seK=nLk#Gb4t-P= zs5)oHKFM!Fmmla>iVe4T62&i9jbT96Cfo3_qV-LzAh6h~^WObyhf9nl_FXzALr=4Z zPAC5Fp0%*w-Xz$t(22s>j!nV&bZ2xB5wwh<^;0aCm@_0m$V9mZZw z89#mKq%jONk&gCYb*QUDcab3Md#W2ODrq}LZTtewg=wa+1F8n>j8y}s?!7WqCp5bn z=@Nl5tY=N5-Riwj<)8K&@h&#Nm^EYn9U`)CcHwf7XA)cZnAGvQ-*-e2rjdSmg*TYb z$|a=D=6ZO2J81qaP`#9wtP5TX3Qe6~YNJFOH>MB+3mVW+YB0y0>>?4_TMM^_Y=16u zu3Z02xH(GV8l5(66C-%Yis4y=r!|F6V;wE?kJ=jV>M36*w^X>=HMR5kRq3ox1A249 z8PCQ7I}cv70|cRJdrx4dq-(C9R$5Uq;7lyS>kREX_SX5)zcB)dUHXjH6I!ZPz|=|L zU&RQGGm$edL+gj6JG8Z}A7^C%IBoAlV5=FOw9UVAPQ{BjQ%1tg^u631397={YvZH^ndYuTLVRyqZBJSel&p=xE#7Bm^>kYsDwAAN@V$WHh*Y2HnxxUmp7QH| ze3y1IpQ+TaiYD(IlAmDj#ylSqB!3eYN1PqgB(I?LZ+UIQjHaEK|IM_um7X>ZIh`o! z8l0cPG$5J4)(#nagaZhHs^;D$QMG*>($&RV&pc6Yd#YFnV;ii3XmxpKhN_}0|C%@u z@>=Ep30jfVD_xF`_cb4;rl$iyLZMeXY1En01sz)U(4?L^IqCAV z2PZA@wCB0+=kCkG#g%0@M9Y_YOAYGrww3Md)t%ZeeE4$lfD)$js>{4+RX`ZGqT@DV zW*Xe}5I)ikNh8|(?ZUw7;(}0WyJR}h%Uk`m>`*k$>jX-~B+@KCFQl^fT;_A0YnzVBHw`BEK6BomuwR-T`g|J38? z+0~&rpyw=IT(gh$7X3E$O1+DFRQa2nh_2Vg;n{-Ty&T>@2r}hkh=XBmRtwf5)(tRr z1~^EH%%5ezbHd^1D?8`K8D__jji38JbTY|KshzgIs86O>4q?6k7H^+3s*$wKuRFW z=^B(N!g?T0j4{9LzB!tNrY_OxyodVJOM!`14rl)f(8)sOh`H(v{-WJXkYL+)oYtWx zgv`w4mmgBu1nH!N(?f7}Pe39(-94&rR|ytU~8$GcfH{KzPVJ;OhwJ+vm_SMlP{ zQQ9tc+J3t%ihmlR^N}IStP|A)p`!2EiaT}JW)W~FH~H-p{5+G(l+Uc_mF#wJ1rRdD z0ZkBcjkVvL4@CyQ@Chwi=U??eN{X>}6F#eBQ39hv`kQgvu`usiGniG+q3Angh;<8$ zy@j%z2H`G2R9|@(q5JcF&syEpZ7gq4hU#SV!RuJlCIeSDvZLV<|Fy491*Yh(S5dD) z>suX8H%J{Eg6+V#ys!I=LFD4MYNR0TeSkb%^Rt^SGj$uuFF+hvxZ3HpVqB#5efk{% zz_mqOJP>L^BG*pgjVkSe@HwH*a+ZV$Tp7$7MQ%OMHO|IwHf|$7a=I5p((cgePYRs? zZg>@IPLxIkJL@YUTHx12;ZXCrl1M9f1tU}{SLvYh*2Rm$@`(o_p;h#YK))t5Ug}y5 zIG{!&Lo-_#B4K=VymC&oTs;}# zixqB;2Y^yjQ>?8Z9*E24616<=q*Fo(y-?#xgcd$L{qa7C6wxA$KR;zoU%TEJ9z*JzUhe6EPuX z5u@`ZJC?YRRxJmxx7o#yOQ)=@u^P{wL%ndte zgluzOFAt96hFRO{`wqbaQLBi-<`q7ba8ZXPCt!ifi(%6$Z*Zy-l$6vYJctL7B?TV| zX05%M#8d=v%Qya|liu!vM&;fX4AJ`IhE`%tA?jS|*tiItLpAm%n?9)T=pE<=?a%t1 zv+2S!P53?KxtBI^mTQX)4*3h#W>h2k^Fgq6RyqX^Wg3;w1F}gaeso*z)G1u>58zx^ zXwH7Qj15YsSB);Bw0~_5@v5?dcG(#r6TC>5iIcij4VIoFvK$6zZL1EtPRk_|z;tGl%T*-|CZudM>L3 zyDaOp&U>$-!54y0x7MTv$~{*d#EP|0w@=JGH^(5Amd-cLNZInsFg4%lYHw2l6_EnO zNfl_=!YYh5M`6kc>L&HED(^7evN5b*&3gzaI&B^=D%A^v({rV)8RKWPn&Zr^#ZmMg z*t1do1nboqI6!yn4Hr8u_j1L?PuI%3oa29`*MOey7iItDpYaX88k?Fpk?c zYOmIb{S+{pu>?k{itqpTt$d%*qg-^)}KmlzQ28X#6i8{>XxzuuIo zG^*m~Uf8~zB!M5jEvKs^>h9-8d?#m4@lXw;q8J$5-iZw6H`f3&jm0f#r&9wmW6-Up zki|;#a!%nP!J>M?%D5y`;+cl4&FsUC3UMW0@0kzE5Y(w4s%60^KD<4V|o>^~S*UzX2`a(k6tI4)EARdUn- zDzMknGkpcv>dJu;rZw&J??&RA5S(o8%4FL)n9sNpYFH7PDSyZo>g8@qkauQgw+0?3@Mnh+WgPFSC9=mmaU%|<0G5i=%BI_8u zvQZdw#z)*%NTt{=X#yu>(N4axOHCALEvyAZEg7Xy@3bB!zlwV^PofBch+HKV4s~_D( zFQfk3w&|8SU8UdI1*+Hn}}$+)u;O8D(p)I3aDH75rprT zKJ2ZW&Dh&Q@Ky?B8sejiIy7WMRO@;istsl z+cCB+lQDH}X|B5KULoslw7ZZ1p2<}Xu+2A=+BkRprUN046pJZd2=$^D*|)vJju;_? zy0%jbp-i{+6Q`*qGN9gx``6h`pR>AS%-~ltl4`Gy*2NZRfvK_3vH;UB2 z{Q@MbCP*;Lvgq|ZLP2lGq>Wqsx8Y+}{8PPq9o=Al&3- zb*sz;x7RS72y*;~g>2or-PPbboq~3W+6zYBU+G!N=8p21)=qo+M}vO!cgF>OPD2k={a13B%k0e1jY6rcIZ3%?9L&O=4r z!yl!-{CqfJRQ|$S9qGI>tl&4{5$3p6hsH$RFGz^N_Yfj`n)c~X?MhF1&}Zz2drtY3 zhGgF+|8k9{9(5V6iu@7UzG|Cc5Tl?Gx4M?5cVW5yih1~(UBfubNB25#!aSH_;>K7N ziWiYMNbP8K_5cWVhVhF?vTq^+i?kRTlt>r*S#ei9Tn6XtN6(XPLGWEIP+O@HzQI%OUNgz=T$*uSgs7` zK5Z=u_*xgr($7rj=0k((COl*Owy8o^#81Bx)NPt_X6TSjw$`)KG8GfT<%%t||dR0ULr=Txi*tD4az8A>9 z$+1L#R%Q#mgF!&Kr+UiV-`+WcaeQKW92E#y*E|J`#z~5MFkXR}_ejG&fnlIN^_W1# ziP)DiH*dUYIvD~>`<$K(roP6T>L8ahE_0&(`}T!>6D|5Ay7ESEbte6ivIEJdfUu`< zYU3octcn13`=375|6qJ4@ESS<_2QIh4~z!NUXq_>(m8p-JO&6`x7%62OB~Kdoja^e z@XO1c+vXu$e<+7$JoZ$EoT5gDxpgR@8F>TH9G`__A}c?xYOec~)BY9CH_yq}&?P|q zMC~vI#~^Lgwl_*?4*liKPyI%SywmzE1Zy*Ui=;SQdQpU#_Yna*Ccd`e(f>9ORAD#L zCnxmJrv;&sZ|C-2Hw|d-?`zigDIcnDPbvu7PHpD{zOPc@u~qRG@#oHo$J9#T<;`}Q zMx7LKDoeT(6cjnriXuPy<84E$(7^#R!FH8_;Em9w`rx{Hf_gdl@Vom+Lz~KRFefdV z$hnwKYbggnoLP&;rY%Io<}F9FMvskaC-3*!TEzJC>CIv6nYfKl9q?IbK?I@LdLpaaRM5eN z>Z;G23hwsO4RY^0;lq`@Dp4kZH{3B5k^6(hhkC2Qxk2wQd**N}q3pLfjm35d%4ia~ zdI@@ugkUU`l#deXKPM|#Wyf!KRj=#!mqVBMx^mdQ@F{ncu?y4#9*T&keAO1AxO4i25P9;!(3+`kufLIO=7>zh4jXZz^kxGTKr$lT{;KkVFv>3Ab=akHRp@tU-Q?|LoO4 zymSPKB~b0nScC!)X)y?60vHwhTOUqfK(v@@vSsj04uYYo;Rh;5zct=m-dYJJ#D6c<;GawS8>Q*~In#~7f2UKCus7Wd>jh9l6xyWR z>q{!HH_$0aJ(-EV0It0+@s(5CFBCS*w_%a$|JU+R*I$*^8h*!!^2NVeC`zGh^6X|o zm|!gfYIL8-bZaeDEEQ}qSfV`Yuiy*BrEchK{}Sdr)=-ME;krfxjooj$bdDkyp2xgO zow~K6Yhh15buL54jgZ}VvcJOHKAiPy{^EP<@0h#aw-qg6I!$hH@q+0?{*IJB_G? zmPaCAxeM8E8oKqg#th}`Tmp^1S*?T*g1?cXsXxH%;d2x=hn)z!79;HXJ=H>qI%O`-;^@ z#d0=@0$t{bZ`DIB6IR8F?N6HiFA2lZ{7_#Q)bP#dk4=^cr;pc)W2Q-~Y14X${gUnD zdX|A?Y!Gqlhn_|~+z4f~vNBW>NNwLU)Q?KXl@fI!ni6*v&af`^`GaQTR75ZG3Pqhg zRrAp!up`em!}xNlfnv(D+28s+$)Wd|JsoBzEUYqeUrs!bzg+=1PQ-E&qAWyYC|`IVu-3Ul4Eq_MSzp3(z6xH%gf|s zi*D%7eTMh9bK!?wC!Mw)%TjZS&vzf#E< ztrI~N@`s4n4>Y~p=2egsR2jyrd0XQnF4OO~ZL?U8E(#Xw0*l!dc&=_>0?|J}h%i9d z>>Iv8v9*W^-!s73Fbzj6Gn`)_c010B_bg92YtC|u&GW#`QjKHtE!rnLaT9A?%BYL8KkWAPSAN}5H zo-0Xz$-BhVrw1Np3G0gi2L~Dh8{U!-LXJjc3NBER z{H;g66*WZIes$M`^Xz&(%I3rAKSH-gE89J2SwLMP_3f^RN2Dxb7cr8{C6S-&wvgfW z^9l$dnM`>{Ehn3E{T+Bp${JJo6w6TG)E zJ|Il--~|+A@sjQiWYLY7+~8!tXWcEU-;|6PQ(j%WHHUs+nD(ru zq!Moy@lv#=-ISN?bG2|b?R19GK-~)`p9Z%N|VZv+#@;eXi?7ATjor(~qTSwNc zT-h^~wwMb`z5h)L=%026pQNta88eAlVA(~J-A}-$2EQ%HLmgu9R~+Au)x|40W`tfI z3Ni=xBAc`KJJl#!R8?PWka(q_Ttz_|VaaIlc-ZGn9*=@Otr*C|K(==uX(ebxdg{m`5Uh6L)8?Jw?K)!0qJRn{ptIbX1 zuK1oaYWc;G#G9fzU-(_y0^2P@#aT(3wdYuANp%xRe5NjddWiDHEq_3C(KSdLTJ=f5 zESsmwXZUZ1fBH3x!cUrENE)%kjRPuTv5tN|af|)uV`YnL$k0n?Zm&DqK1|Xbb9pjOoxK4Z zuHFb^C-s*|l^ZAE!cHoRbxk*h725!y#*(L(6U2dz<#MUI9pOv zAoqHS{;~UMAO+ep5bchOK$$Yw$8SAi{DWq~GMG{}k4g>}@zGZUZ(ZG!fiiUyd=*5h zxPVQ)++)_Kb2Ft?r&K*WE*}cnU1157I}6qyWh!@>N5r%+1GdQGNFg4Dh5qox2D01; zqgn<-!ZedsF?k)GpV)lV7Q69D?{uJ8IAMWb^K!-_Rcwk9f?>{|AJK}HnaLN+=f1G7$;uGuT3|KQx!4uW~>4@ zA5lr}AmTxwU#y_K-l{+WAb_6EzYunDq+=DMzVTfd7fHEV`G1AGT2R1@eUQtn7Yl_i zj4O8K`BG^g$4Bz1qyp0P{&YM$YBW^T`&EI={S`8W7KTqYc$>3TI*4m5pdY*bM^8Zc)a{6F$8Hwf}`6V_Q;c=`v>G z?8&SiJWoG#HKZ?2!P=(hBdmk9Not>l9+~hl9kQC(<*Kg!eE zAIbEsvpeOjHn~8u5*^vukEmc^S@DU8pTGTw4Dlx{Osyzlm$BZAcPeAKZ9q{OHTAM+ z-j!TnmdLYH zsvbajAux3Ay%dH3gQ)C1x$g8<+3Kb7xpM$JSB*Z`CxaBO->R|(bk8`hCWby)xIgCn>b)C z>1z6Zz*skUSg$m#U!Qv(rQxnIqga$$PIaTT1*Rf zyj=vy=`(f1OP7PLoiylH1%EXfn^om)!9_%@;cl-^mmz2K1Ss}&uXC-(!3Js|G?}3i zWBDr|T6N?j$S*@eH+4e1leXfu+B)5xc~dQVsDlO&hO>Letj#OcY}c46;6X3Xx^9pt zYkG`>@Jfz2+DhaUX$HWgjA_PI4h^t8l9tBRc9vXCJuKdP9$^dt7`H9-%fI4TlH(au z)Bf<&#GPjoTSurXN^5|L2uajt<=!}II=fwE;7v)=tSPhVY@xW=$Fe{()!$W5D-fWt z$WEKfg{*PBLd=1o3Xk)yS>BI>`0#C_>G)CUM^svJ7)7%CjE}tMyYV$v9?2(S9s^2c zdx*>V9t^2rY##SS4fv!8&S<8Y5Y1b=8Ek#pE&ipUYf9Wez+|;yn?%|2yBgxT{X8q~ z^ow>`irU#5ZPP4y#&7g-%CVJ@|4i4?u;42$^1B6%-X5Bqqr)i=g5Xb1dgbe+DIXdD>MgzkMUC3qUZLZn z+Z&nw=d!l3mC&o&M+B@t=8S~^np`^|K;)k@Z{)p}Ry}PT=;h3~(u_v2Ga;0sp6i@= zq8#Xz&KOS6!;Y8siA9_bjCe81Rnx=m&BPue=7GdpwSt7`F?ZDZV^}gUwIsJcW_2z* zMBu%`7%lxvl#C)e5y+!bs!P`oFO+t!jM`Ft<_V#pP0{k$tb>-yWtnY|>bz**u!e*d z|6MqTkj`hns}&xsm(IK3|K6AD-tm&-D_z|lAsq$}^0* zlwQt^FXx89O-}JZL9+>EA%pa!3;Pof8_1IG8&v0$b8hMIB`>VKRO91p4tI3W zSv%{Kk>o6exmx`gn&q0w8%(I@sRB?#U?=riQ^H$4&ppog&tiVJN_n!-kMw`Op0er8fzJSNQ zL4Jv&ga(9DdVx@A9G@02^_DiFV~J^SN;dLxO%DJmGd%eO@CAeSV#_Hz#cK!VEkvBq z16GK+(;~WCobVZNuj1du0DLh@mco^+rYQyO{jV*Wl}c=~eQTjEmdV)#l}yJ1?agi? zCKkyf{o(VwjWFhafX#R# zhe5uw+KKF|#WIBbFzUjL*2~EI!e4w+`1$7H`Fv}Y%8@50orOuiD0zR~+klDx#L1w} zVXX9SyT*C#KthrY$|oxOE;=Ivf&r1fKis!XGz}Z18evwjYFeQ3B=8f{f0gYsz~!hQ zzl=aQREuh}b%XN2kIzSt(L_xelA5%cZMuS+evYkG@~rpf%pUzI)oiV@48l`VC#qh% z3Rl_(X&sz!?zDWg)^)%w4BM@GMMGp#zymW+pC~03WNEQz6~f$kU-57A{j);hJ| z#rPi56TMda-&kX{iZBE}MUCKbJT_TZttA4O3hacMsT0frS!_GZY{bt~z-hpFGy18E z!wGEx$1^p9aO&f~Smw4xXHztHp%3}MM!%SE3U>2(*olx$`|d9wRJ-tXapWu89}2EF z=I<#I_SoBLUH`y#b|AL&yb;-HyNHtzB3St!IWp+=XPzjFIlo|Z0l<+cu`L*UCy?Wy zSILQX{PzlG-kk`Qdw-2;X92tP*KNkH=qIA7MfCLUD*LJD4Dx+ttJHzQTh`IG_M6D= z>oX9t>AV1V4B)(j`FQ{4n&RTKTHQ<@q69Ef_Br;fnvRRaBM5QI^c!-1;VlT$o||P* z$(yR}@p=)GbcX|;*FYI+E{X3P+b+*N0VByfMRz0l7Te-c2=XKY9TRwG*9Jx#iL(+A zztG~WA`UTo#BzP_kO7(w8E5Wsx(%E#@a1Sui&5ZqRm=JSyVD3KOyqx{x;5Ea>tQy> zq~;LFEqc&z?f--j&R?3iK|e4Y186Q5V%(!%*hMZo+JJxKXtbJniU9d?c^vgp)LC0*?^HbP}!(v6~Qjdo7u|V z1{DLV`waBN^+l(>Yib;%6CG=h8*>4gu{Cvhjk0DFy|{XYlF#a4-6&KqC=d0HlTnZ0 z&o?6fK6Nr4WLUP8vMpE9#_P-ry*`&qmUG0XKzZ5p34QhM0{r7+42;r(49+#NN7miS zP4CNc$s8H8#g_I7=p#hddcD zZL@Q4T=N#5T>*!pm5Cy4vg5{zE5CH=;Yalc`j?2TZ|Ks>DjPE0mX@CwejJKE#$zMN zsN#ho6ZO)p070Z3I1LfwHY`U1LS|5vXjEpGERi$4Sgg)V;N&PfJzU&SQ-( z-r^!W<>RxZMB)!3{Yl zD_54|rbf}72ag|>^eo5e4O#@K8X7yQn~V~)r6uHpb>sCJd?8`&@7}TM_Ae~(wgAM+ z^A*iOMZ*gQSB=yf>&${8KB!mZ>gB%Du=Z-(MTbd6lV=FB(n1DrEA==tac~7Mi~-7t zenRe9NsWP=5Si&0P<++!@0?ryG!8?YuipB~4D&z)Nh)ycJ_dbrNHEVdugp6;gfTz7 zV-xUYI$n&SnrQe;XI>c*zu$)^K&t%T5l`99>|DH@i#PAgeGbF`DkA``O+)<#aqRZM ztx2YSa#NY+0mGH*+O@?1fyL3{)D5#&A)1B8zEii)32>@*(0q@Sfa>n0wtXu2nYO<; zu9d?=6S99Y)eM=V)AjEKl*Q#anLT5(6jj;TdG3rSHm)xtF8>oohVy^J$S^Upu`vEm z7#SuOCT6DpD@LXRINDAgjdr`+CacY6tJP+!@4wSJ^Z#$H4t;;q-5F_V-kcK?qm|2> zRjwseXYojpfY;e7JlC?A7MK?p?GVW$$;Ox&7#I*3=jjEKk|DUVusO7Vu0)};rP?5u zrDPzJrLQ2-G9Z5f7zL7$!GN!Lv8ktMvmhv=$$xN2YJKeNacXm0JW*3Xdpbb zwY5OCa&*qIbl%Q?FiLE!r1q^0qzp~XjHC#uYV*m-$mID5Y09Js>@CbLEX{-p_Kb}U zEM)NwENm@KOeG`?z#K^H-(!RfVCxy`zfnoZJAIJr9hqEQf5Ow#i2Bk5)RjaOWb|c1 z1XMD0L^As3W3rT{>#f5Eca*MC``Vew1+-w+hP3-O8l!^_wB%~3Hi*#$L} zfFTV1tGgo`%LxK#`i7V0;`t!;tj%Balk=;Kqep+}Z+-}gv!Q?I1mZK}LnFh-H@|a?4i2vDP4*w{ zJAcdf+MgS7MrLOgmT+AiKy*h?&7!6-wYO;0Db+y5nJLV_3N?%XwK6Z;mIRtG8ky&~ z+6Mf8^-nwc52nD;?r*iOr1+ZQFh?>5@?>R&kV7tN^?Op`)H6O-ZTu+EyV!#-w*AZX z)-fmjw#2tN%xtT`sO6>VjgIt|B{-Ar3B#C0u#?=M1Bh;iYiN1b!;~%)3Cu0N`m*rl zRtRS_LQro~?LG+2RF6vL z_+ew>PHXB1JOl`j7ViZdofEu=8LW+K7##Ch&i}>kr(pU-HKRHjHC-0uTqH&zIU}`@ zy2>o&f}41~)y5s;|LC&A9koKFfZ6l=P=c4)oouUuvElIRGB4!>nBRGSIBzhgo=`*X z5UOm8AHB=;L_0+%mkixUz)rI%w7agc5V><(A`BGx515pv{2t$S@dl1Li^&(dJGJm- z^Ag4*cpUa}&jY^N*5}UZmX88j(|I3w%2h>yR$mM387zyONh^jlwX(=AM3QZJe74y+ z(Ym0&qgvW8tuvR#pyR1mVL)MO7}7|H7+&IMYRu`-Z=J-k!`WRRf9gzT<9*oS_nhd$ z+tSig#P|w=<#54@s6G2aFcYi_W*WkPY1P3_7wGnS|G4kX5Rq@y0)^^Osw zrZ_MGNXr;;>R3(UO%kyRR0`ebT72Y3kL+h-wfP@%UOwxHPK0fl=oFgm+AIj9vhOaS zrEO9FVl5A-s=M~Q&j@(72hBUDsxG2olWqtjs%cYwl7{J{mOtNNVL@(-R}bElqsM)3 z6AZN~9zA@$=?JzZ6MCFtQE6i^ev0@9RfpOQ%`u-*S#JPyXM6Z@l=zi!d`l=*T_*Ev z?awHu(wec!A?oUP5WnQTeA6{=8UA@fEUSvPHy|D|>|Ty^9r@M6L~U`-VC(CbkwVJ8 zeJSX)ddH9x#KeXH2a#8|`c|u#`1N#$GTNaUHz}7eHj#2*dL$VX9YQ80e$RN0xx$D# zsJv3a#5N6eF&W9;?(HqnJXJPKFdxCNjna0!=D9XYF{KNjqH~7snoCTBr#{`yOm&gq zt1FAOui*}Y9)k6O#V}!K9F*TzX!W=d*{uu)iaWMF4JTO>oA4|)bL;~;lMc{v^2O)4 z_N+$3M2z!?AS3=Digf6buj+4k^}uFMI#L?$<0X7-bN z*pw1d<-5DklQ%h$9v%Sbt=w={{{>!zM>P>_;|<2MS(~#weaKz?rtPq%&Yn^YVZ{mT zKgesKz~IE?fT6`@HPHS=(8zu>leB2Q{a4@vB=>})@q`Dm&t{3|sr8i~+$35v{bq-E za7}!UUW#jv-^V&)@>QFGjYRIbXSyb7y4G*n3Dh$ZZVN6|)`?iMR#r+J{Nj|nN!I*Z z+p!Ym9`1Lf)LS)$bM`6plKXf=!GfSWVP@pi)f|%(px*|M1*_z|6nmwoY?CcWFy6sr zYPeuDFINQJ9yfEKk;GcR$>ptmzWOHy=!Fi?IF)EV%9!^X%ase6_m*HVOen$-5iF_n zVRHA0Ho_iBJfDd?#DHM5H2Yq>m;)%2sf?k&d`_MQg>S_i%V!t^n<d!N38jaP#h{o;d2MMB_-|tJ!)I<~-`DryaC}vE2LjLKgwUL>g5pzW)$N$-@O2Oc zaX}ja>;&>Odejr{G)qw#rNXwrb@>)|imv>?3}?85B42mHX~+Zol5vvl4D+?u7;z%- zMn|RL8wQofKhA&iiXQ&j;YddT0UaVf!S{I^9NR?I~%_$l{wv!cR8 z`X&O;BO_GjP0-W1C)nJetY_gFbhLorq|}au0xI_h&gF>zQQGWUlO^Ww`5H>H$$aE6 zGyx$w@LvNnzGYVfGt9G<#hC;3j!dB68?K<8ofHWRPj3dBi@+}MW1NUDHMs6L(996( z4`dOT41cIYc=SKcRMHC7o=9aDxX_7tiH;#G*>hFvdC*;pZ-l?~R6_c4GQ+zs zQGG)5uP%cXXoW$9AX)7GJfbrZ$tJC6RuQ_FHFSq>NrOxRn>9ue{<#fDb40YH%+oPO>gr55c$iyRzh zfyfNPs%gP9{{WB(Y|f1`Q1wh=(C#e9Ip-+%eaKPSZ?ulVWs_FzmqJ4wGZhcEo?ip>$Try zdM-Ao|FN@fmyO+&&Zm{*R7p9SYAtt;C3e-?tyTmFkTA!C)2NULwzZ1c?;CmY6}i_< zAsFQ6nhmnms|fkoG`WXrgx-O|1m2>eQgaAX-LqU!)@+C^+DKO$u_S&LPRR9b`&s5a z46TmLL*ZCt(TxeuwsC2V#C>G}sOpx5Z&A~# z3BM*dRPF9Q2|~;QDW&`WV`-+o09mkpxQ;SO12hHUQFU)XZ7^$htg{W2L%zs8VWimG zT4AE8<{J#tVMHdoB?Q1`a+EtA;$qY*sMD4r>D;zpvm|4Hc%w#7&UZPd>DzK95n<{c z0UJ6a>g%9j8|MM;8Z50;DNtHlypMBRpvkNNxu&pv4mrTGtu`;~=7C7WrdVpW1P1l(IB+Pg<#He51Iplc8~h-#d5fJ??*AC zpGtn-X6SQ$egEa%+SA_NIa53kYm=084vbd7#K3jx_o8zu;qE|CU10jT z>dr0+;z4q`Q^@;>aAu)u)ol$ii{1x)-hfFdVYY^d>7A(T@ZPB`L)HwlEe@f(LmGmQ zyY)Zvx;pxbP-MszWV^!O5O5*^ZnLG&=zu9z61mZEo`XMy_6s7N=^>F#5d- zA?}yg^pmk8uiaECirATp6hhiO50#-8;Po`QacR&D*ac9_rout`ECsq;+6XrwD?901 zqJZ?6G;?EP4WWo9e$oYNzq2c0PJYQh6tKJ1>)s}Zo;9qD)FNAox*b5u(`DE2q@v8_ zRA#;=36uVcE)Fxg8paw^)m)J&O%e9)mQ1aG7)q~`DuXq?kk*S;JJCdfmD77Wc|T{M za*ZAS{!0L>h|3?lR6{)33E%8+k(3!op5_v!`}0^XG^HW)+(=oLX9K*oB{&kg4(jp7@PJcC zO*Tnc>y8qwZqP37X@nz*z5x*J_=~%yisQuY>WZ8sH89Hpj#E*A6gS!P5kbYOekA=b#1-;9M@*A8gg8bJ2i1QjY5ky4R4m=XZ=X-R0;uPL^4v0bbiSHFk7f!39#7{` z1kx^1)b{s-y(pm8wGa1nLA91O_uRi)|HD*tD!eQp{1Kp;N8D7N^wQXk93R=oPw$;~ zmLiiS5^D`%Fy-Nm;0|PE4~{Et9HtJqwoPC*4{mT=od$a9g=WT8QEk5{#p2{CzjXcI zQM5ccqToKD(+}eP)RY&GyD{sY&nvdBefALGZ9#-cqIFM|uvOCb+R%N1X52!}CoHL1ED7{ zmA0knw!VQH)Fmf=$-D(SUbJ<`469_G<@G_wtalw|y!EJaA4I{Vc6`nf*?@mD$OGQ} z!cIubO1oQ-haU8^Uzrc*!3^D-=p()%tzeTqX6~S~IbIxolsgh6QUsL{?KrZJhaPmX zA?O+v)pq^VN7~!j#Qw1z8Df|m*Gs2b`W6K*y8595;k8p3g;&e(n)d6`2WqPuC*h?2 zPM<|2G5rqF80Q*GNv#38Z3toL%|D3sg`!^OK`EpSMbDhVQ5S0+g$gcCo-gSR)5e1c z<=i>h7RQp6bBoF^u9Ls}hX%H&eST9an_p4;O>;C_)6K@s>Fj#+QQ}cIp6Xvdc28zn zr2YH~~6g8|;2W@R25;0apfv}QjGgBzN#Pe$RKqE;PM zQ%v&iAD8T>gAVURW-$ll^nmY%68#6BaOe8im@fD4;M!;|c9?GG$6v$TvU3|3N7kF* z9LPGo^QU>{{SU)#V38t2I^)7yARyZR%`~FWIrgL&Dmi-@ep+w7Q_Ib#MrOC--%NHG z6tR3u$IBQ+LApHDH6O-x=tH<{7l8<*djsWg7i z79LC`z7aN894bjwr&{}ueR<}AXD>&)STEn5xJWIK5;&}Zeb)7Yo}Y9iNRi~Xep z|F*>PVf<#5+c;urjU5$JBq$(;)mhD=Htp0x6pCoT_x>$BfAnQsE)7ewg*x;L7^axB z(lKm<0I6eH*G#Kk&R(mq@xv{a1COCU_6NAf&jEE{lo3276Pem&J$AZGpTBZ_+x>B~ zVmGC+f5QePah_Z|>bOqEO9YPngGwWB$Y3`Gx@}%y(!!da&(`?YdGDR@a;^Hiyc+dd z_OJU*Llu$agRnctcHhL;0P@Vvunr$#89y+GW5->$TdKEP-o#dcDn>sR=K}}W3k6HA zN-RCpx6HMvo-5skchbcDf;!{rU6wC8t{pHm2o3RN9dKm&OD-mnEgwy;Vrl76m8{K6lEJPm-&-15XEi|hC_S4_n|&JJH&qcyZRB$YI4 zPq@|Pyc#v|!wuCd9&<)h!A<;D8KR#-W6>v?)ndLs9epI=FW^oN(*1DJqy?6G1hBUQtNY``mL^1F;`e65*0EGI3GM}fDB4nC%(B;%Ph;G* zi-T!O-}k9sVMk$bF!|a~C;KTKM@oUBUQEXa`h$Ee16I1A6bZrv@kZ0l#`Eon8HqJI z!)gSuTt(ut6@T2J)n6S8w96U%fZGa&>RH%j(pW03dclUJy*G0Ta}dc=Z42ZGke@)UW6#)q*CY(*i9*auT9*U@aM(B(1%_lsij zaKbcx$a1KthgQ1jmQj~NkGe7Q+SNU))fZzJerAB_FQf7d`gLx()A5;1cGMb<;OpMl zS`tgECeFan>6>^y4E1QN@&S(|tFO{gRAUoYV9{*cINyY|w>V4toKC3)iPg=1@&z*);FVZaZ=W{u@83B0)c5d0y)&&xoY4z+w9a1iMnBjxJ)TIJkNAJ^e`gDUNF~&Y?27v~s{E z7{PX}l9FMTD;8txj`=! zvmDLg(k;OY?>8G8_6YSUGm1L)w5xbrChu~0vVYl6XIbE7g8;2JO>n1U{&+G@U)nER z!Xc;-b|7~HZf`CxK&-=~`eAu}6=19_0TSkgHnE?=ffgwTDIlwDW1Q=|5gLRvyFU;f zSaI{nrK{$}3WG5Wr~dt#w}95cR;sVR%uP>v#6W8aj6Wd<3A);nyEG(~x;r6i%?htuLDi$y57Z;^{p5o=rD-dt2&HaP~`6i7?3sw%1 z{JJ=godn{12c%!(X8?-wdB#{UF;jVJU>~{q7v6xHDRN?go*&v7X=@vY{1w}~{`Z>rkds#y}A@| zqhRkIyc1|6^dzcA7a1SU+~I(aLu~$l;h9({wlv@X1?afEo*B;RLYeU#7BC5+r%s=d zZy&Q=aWCq``@^RWi*`E?=CC=<2y~MY%!ixNecD1y!&V&qpo||y%`V&jQef?2?T$0- z0c6(ABW}_L}dP-3^qHMVoh!{<= z(!PiAqKwN50AHm|o|4CJ2sKBPHr^R+Kw|D*So`5#Q60c4yhkL;P>IlC&5O+P~^v}-`mY6YZC zO8QYtIIW~u>aID+(wEHlJ>Bt19Zp)}$eRlsc$D|LLv%YM?VEcxmi5Q-_{%3Th^{JO zC+w)U3nvf}6=|}M`180SaFy#a^~4tl&u3?aFm&Tc< za#RlWrixU0y^SMNYz@on8==)WRrcA^${L0yl$Hj35~8jl^$)!1Yn2xzYJMg@?VN;I zg!Tf!N1LRKVC^3Xn9#%{GWvpWFPPDcPUyDoc}q-*jvHyZ z?{-8n5CsmI3Zp%_>8XGj*JfkdS7A^UPZF_jRXVuQPr6QT&k1fFRT`MF0?sTr@O?D) z3_6f7AD!erK(e5w0jG|kVr=02kxuag+mhQk$QNAaFH({NM=2uBGI^}aiHX>jcqat3 zK<9TrQ!eT=8<0ZwkqigO4aF9C!&s)s;v1aOf~iWOIZ#&v%I^h_3n>!DP7^?nvU=A7D(}VVJOy>=HN1`CZ^+-`PqQv=yw*7UINHRSE z-!OmGUsAY5uy*M7XR7&3vXBr)yB7X>Q>R>cn98ch)lz^-P=}Vr^}FfFZQh*ZAmSm( z00N+8kMC*&7Ltz!2(nYJ&5*~s4jBlBalMQSoIC@)9YZ+BHho7smrY2%rj0M<;gCFu z-9xu81?gJjZO*#O)#j1XSKg$=tdtRRL8;Ex4Ug>r29v?aEay$=p}TNel)~cn!i1=b z(U==JHx%;z{XW7Ka3myQ-UM7%Jn@pQD6c~aG)EeRm%FK4WEzhGCvvhuyxRK8)7%KPj=ojQw&g74aNjdH$=~o744sa zQky>Y_8-~f80-_P%7vAwT$tvWaz%ab`m;fkR+mzOMkq=J{9UFt6yqGF>Vz`Gejgqi z!Nd8-k{p-e*3hb`apijW`cP1w%Lzpa*s+(_a4~Z3*%FxA-spWTR-f3|?M=?$f&5se z7-rV=VI7!+?b%4_pvI>Ws^gpCAi1B1mBo*bl~aKb?9TlYtY7qBw*Qos%2>^r3mga= zF~Ww>-i(|6o^(}Kx=p;|af8~Z754^p$Mqhh*|~%lA2Klwypjz?d##*f-L7+$0Gj+l z2b?sBl>$^=bvy;5J9RyzwTr%LEj^0p<(>y^xo%`DGfD3t=i0oajFBo6eXSq<&WuhT zoR^G8dD^~$fr0HK^q^jZ_NDzl>gg4Cv6nHc=+k0HtjB`kGE=~MBKxN;7iI zgw7|-Pmh(Wn&!EY{UA7;Bd4ttB9;D-P}s&gW|Hn)thr^e9q*qpl=IVx2eTO8Q9Q0k zWUdcuBy%qP#qGleCN@WK=xJ_Zt-bFE_Qd_DJq0?|8Mk0wu(GIu1OpJZ5)#6jeeOzM zqKeR!h`aM+byp%|l%Dj5_LH`~)D%vR56KT36p9(w($)yV*I|a`{&*8c#(VOp;;r$}jtM9X5IuW?G7oxdthQ zQ6QHbM%6fcy9<1HDTc8x1WEY<{;|>heanLT~Xd`fmOf8UtIj50({Le@l zh&-xN?NZa+JDdT47ABx0DtXAx&H>n^y+BJ8xvFjwxpE|-#p7j~q#W?%VjyqC={Fg= z;VNz~*~kk$3lp7z&lJQywdVkN>AnZoe7&g}Ux>ir;6MVpqB%z$%Fub}in;TN40UmYlBbGb@w1*{QY{==#<+9| zo6!_33gW=HP6Eqy{B8Qm5muD#uCleQY%#)3};K#$ELfCuB``+vd%R<5IgbLkb(j3!2#wbduqy z@UmOQ>O>6iLM4cA2QNx=wBMSNCsain!+oI7+Y41{RXOBaQuZqbMzg!1`ciA?;kV{y zFYJh)(6_sjY;Iedf+JtfPYap`Ye*KS_LZfIW?kOY<3iw4G#gXCjipMdDcKL=+wdBYzd(qS3P`ueM^Pg8p-ZR~n`DFK5+XlEQ}+7aW_v|u=JI;D&u znw0mm4F~{>mL75ca~u9gp*?ud#7HzS5eppi~Ld-8KS^9&8LwR z?|Vc+VzmFY5>fVGpCScG?4%c1_xB5#{u+)+7Kq7J){%dP#grL$U%s&nrtnw+E(=Ld z35BMk$L(s_1aqr2kHg!xS}YI|Yvq}&;jdD18GH$+pY!VC#BCC%zeT6*Vn2G%i(S4n zhLw&hv*Ee^Z#cUYy?taDNQcRn`uhA&R&35~%kkMP`g%_JpL_hl<3qQF@wJLaJ!l6! zZ!o#j3X4~RRuKFB5P{4+p}Bfa$xGrqtmaYE$|`QSS&~&>G<|)w>3;OoqsPm$Fg~l~=6B;gv(CZ#tb4-? zocVu=;Uv%GY4^mj_FQozfL?vbr&8d`Jd?+SvP$Wm^f%2H`|yxRXrWgQR3!18OJ33p zdjJI=Tn!`%6fdg=cRNxFOpSRmh%t9GtOyb(!;oBKH=Mxz@qXVYTSH{(E~;kLL#s66 z^EmCY-#ni@of1~NccKTxXQP6oxVboKaHiT|6Lf`l(Ik%TT~|S)B;~CA>w^KJ_j(Bx zQ;@8si^be(m8&NfrltG=U3)^sU*Hr$SBS?gs(>9Pg<%s`aY4GRLcskRTFBs8G6ViO8M&; zr+%Stk#rKYKaoOKZfxG0#|t2A*TpePlnsv`)}7$qxidQ3oye7p&6w0t0`(~&@L)KM zOoD9=9DkCQW~heJl@<^9)$0P^RlGGA@Xa%QAjt1XHn(uu5d>2z-ZSIZ{henzD%NpM@hcgkTkDfI#HV8PCQD7lrIsb zy#52s4EVC@;{%+;64*(|o;u;#3Y*7V9Sd5u(Ze_oQKQ>U0!OSbeAGrYuS$gqWw>Wg z3&Mn!;yhv5gKa_(S>lYot?n&N^Ly@S0K`HKuU=S`3d%?Bkf|@jhpO!VaFAFCpynhQ96%{}$+t7NoLRQB}C*Qn<5D zFZFSjB`E6VgBObJfi{+KO(8NdG-A3d?)el>o_;!vUAAJ_buUv#zNAJXdVs^!&Sn;F z8-MPw7A!qof%+T0?Ht&kW)LgQ7D8f|Z-x$-zu=R;YROKi zt5D)eZ}KtC^6GSk#%Z3kLmNo>Srao62uHY6Egx=3vgXU>-}PQqY3&hxIVkU^RCHY* zPDA6bpd}+iG4UTt^}ysgIk{yqT`J|u{o*>=W45m4H#w?N$VSYBpSyf z!sHJ~pH<QNy?kj<=NbNdSxomIK)_VOcwRX4TQKkGWE8N20hA^3ZCIp~ zOpAT)0!6f(dMXe((kdh`9lt=wtf_14x@N#B_d!GD4vC=QA|wA?ip|W=86i1{Z=FV* zd?{H(hFir!-5X+5b-Q)AQoQUT+zL>IX{D3sNUB+nYJ&1V(_X6+_6K(epHDCOzSI!NGoH| zu(&<`txR-U!c3?ltYOr>xvH^^O9%4eizJ^j^WScEE=~V+{!AAkA+sxn0o;Aqg}83n zz^*PK>H3YkPL-tit}pj&eVI-H$ykjn)?hIepcWYMnrGQY#D!y!yn=;~E60$;8p%pX z7LNtn3a#&WjBuZ^MhL)WqSS(7Q(nF1siUaKk1TNB@2|~{YdZ~zPR&m4Cqwx5O>NPL zw1`x3CH}bTJ?enaUNp-h2x`O`Vcx=Vtb`d0Q+bCysC*n43PUw=w#39mUzK~qZ>-XY zI@lrh^(xf?4IEmFu{?x1VO85^y!7`_DU{?TtID55WGT26{+FDI4~Ef&Td9=VI$^Uy zWv-q#aev#!qn{knRJ}3H7px8D$VH#XqzVDuBb=96+uF96Hd=Jjg=AH*<~zo)$d6wB zX*FK7T4xP64blH&2Gb?*#KpWhyNtBcmaP*R$>EBc?q`)yDN`~0RR&w1tvj@{5$FEf z!I&waiT1e`by%ZQa1Pg~$gu&i1w9LkhaXH0&0&n?9xu32LySPSqeV+D&XasnRd7&f zN9d-_v@}@N_d@FD{^G<<2(KB~#w-NujqzrVF!;RWLMyFfOL zi^h$nrLeTLMHG%{MTP%okR!-Cij1>`WqW3k;ypsBOPj@?A)=+nm`X&Lao>fK;du8)fw@iuILUEw>AUx2 zg8;heB70%Cd$mWe1y&NJLl-yDanveB5h1lY;G)^FW zY;F?h7`(4(AxW32e((ypU{_{WZ>{wEfuAd^s6e3P4em(9V<>}iKm}r<&xc=J38KZa zUWta04y@$*Ar^GNK{)imrf;8+oBgBbb3B|ku{;NAttLkpiAAXtndLI_pSPQq@ML=^&HeT{4ymiZ19S+oQ>69a3*&SCB!?l#mDHJlA2M@L_F|Szs7NbaM>tn z^iK>?lFJ?&irKQ};jjZ2BBD*3fIT!$WV5I!iKLr3u<@8O{IeJbEB*-sW`H>ylNQ$` z8G*=;LE=L|tF#Y!49mz#BHYH82`Tc@c>wwW>!-Q?vrCCMu0NoJ$)y%DD|7t!6Pr z$3T0^T`yqzvPo5Y$Nw#b=K3teFqpK@BH4fuhntGu#mCu`B5Y9V-d8U!cm1S+LwQR9 zPt~deA%J$6>%WCCxZAdD7Uu91hqd4tSnGUZcXHAS@6qEP6nx5tw}2VDT)3Vtj}b%W zc!3K|V`4$DHCE{B|3AjgVM!D%$f9Le-Lh@lwr$(CZQHhO+qP}n?Dqj3(LFok9G%SA zdo50_TB6jvV?)8bQWKy|GIIzo!!=q~)h>+RVNtfU3p z48^KVcBmC-@goHCD)_J__Y*}ujMuZrmW-YwKr`K|)bq3SHLoSzSl!!cc{H_V$OGQm zV|Ty~`#xsMJAdp~H?nm+x?l6$%)+k2Kic)}+q85-1_HCQzKkwh2jRpdKhvmW-I%ig zLfkBRdf&77)qi)7YRtX~lO2Ci`R<(ItAL+@`gtExAi^% zsQOaX`3^dkrIQl4Mt8t~l;6Gzzc2$-*r9-KTqUJ$CQcrM_;t7)QA$x|)^uYo&N=tK z>F`8&%+{IFL$nsYQm8qAEl5kpDPrqg&RO>>###BOD=0LDE6QqV-f=E=#CC{14OSnb z&LZ|s0VA!#Z3ynSXTVLj@#yA)`=xFPB^8mZWts`$+F6XComjt$P-6{#p5N%h^pkt2 zAbX|IX)CDmDa}~e&f#HZzJr-m#Yrx3diP{huWoVJaaKxH8l#0s6;haX%UMzKN;A{miEskj6m`Dhm-)JMB z48!c@NfLrdj5FOFqUTTJrjM@=UiToSb}huvpw4-pPds3jo2d0rQbtP(WWdLMFnidj zab;G@TdMr;#HEKFxkIN4JC>26JB3AUveDcG?2)-8T59`HRtnMeZK(fh1rQg zkuPJhmXYCXDFF8>OdsIys!eE5+SFUCjdUq z6p!s!#*7Ss5Sy0s05bG$;OnwF?PhBVv!*LbJ;eNmWd#nyj>|T? zFBH{_*r3utz;N>wVFgFXyxNB|mNkj7FMD95bYNN)IZr8qN-$Uw>`lvW;L9dzXT!dB zF;eU#kYH+`AH1)E`GmZgbarGGU!6)F6n8Ia;+h5PQlq$hU>)#Im?e=(K~r{!P01t> z!h+-Gp6CqZw)LS>Y#{GS2+g6kR&6Hrn(%A$JLNDzP0(PFOWR4n&z5VbJ*~#scbuG4 z%B?{f1!9w&Bo#dcp>M*H0PAd_<<+e+E>Cs#K%#7xA`Noi*_0~$h}@|a9dsCVgK^`i zWzaICyonoMsurF$kxJMU3DoI~IibUqflKX|Y$N=vN#Ez^L_0Z5vNS{}awl<948N;; z6`++bQYysL20>@j7hK$K9u7A$d^{25S@DYY5_RRFw%6fy7qw}9b7eV+TaaI-`$zfad*DI^ElN#6Ncq%K5YGiReFDh;J zgZ_5)RGl+ygSEKR)En~x;IVO!LX>moZ8j;Z+4869gRZ67T<6-EQysGzCOSZ8Gdm;Z zcAmn>=4AEHdN(hY(h@t+|>~ zVTB^t2CbWme?<$s6o&XxmoqBMg)?w|c+#p$;TRTVCNNtJ4Y=c}oEzY*cp^2KrV*G~|`1r6e{1_Z-tF1-Nd^ zOMVDyylmN?%FBb7=7ofaBMv-NJ*VCX$F+udPe$A;$qM)9Bet3Srp;LBhqv=74tg<8Ia;_g$k&KA%<_-ZBIj1?C)hE*39^4 z?i`IvyN>wjTxoPH5`ISw#Jp!6{v?kXS0+)UIRH@?$*l)i`9~`8UXoy_h1cd~TERr@ zy-WXn1x#N}mv-=4u$Rj+`ycI*^!1ULG+`5MuR9eBZXX+Qm@$g>20iZ!@3+ZT200wYVFvoO}h6?s``m;Paugk&NNzDZt5zk z%1_+Zab(y)O#u*+9$Gj2Ee(^MK98}h*yU4?VKAcgf`+=SjHdTPnuXL@T6qino*T%s zG-HiW8&FXjXAu6YL;lM2?BB>FJz{AlopjgtLMd)VrSY*GWO@h`f#l5^kst4~)le%? zn1SeF8lX-e&!-4>eA@WQ8bm43Yz3WQfBx0zsYke0RAH-+Mf#=icpdUaPcv#&2SADZ1*8IoB}WxBvhI|bt07|moeE*-S8 z7WBz=2W8R+T#ykD)vl`DRh~!omGdhX55ttm9o_39p*g9#vwvn*p$~)0+A%7+$anG+ zPKOgs?sQ^;e@(`?SmBu(C042m@J92k1hFDyv01?3NdIMJ%SbSs%@iY}N%Eu_bOQD| z9_ipjo~Mz;bkO#G;+H7RnhCAN`Vncc260JKr=(&3c>|WGx*whJDH=^Bqa+7>)BIyX zyVUHx{xw+-NAid5;I`dIOTvFDFOqmhSW$P?`48i5xI{XG91u~BkhA+y@J)QEjt2_5 z2@AHn*79v8n?Dc}nuMd49hJ)fPahAXdTJaZZT3k4jKHZtS9Jt~KRv5`hDTKt!{|8! zgf}77yks&|rv=N8N&4F|QA+_5q9+#K27EOqPs+ZDSCpDf;QJ}qii5!vAmMK60#@xv z{iBYwDXLT0k2r(B$qjsRNV*D64{q_aN+W?`eySLZO10^5P?BxoV@fd+b{Y#G`B!w~ z{_x0e3|OsCGmFYOko7dqM#}N9Lte8>&2Kx>7S{7;)*DL$q-Ejc9?I_F@LRhUftNbP zPe)pGwUB4|+8vzns}N@SVh$Ou?PXHOFh6BkIs6l9R_)&cDa^8eqzyQxK|hKly?fye zo~ImqNKv7UNzRDwZ1?61>sN+963*@`Pt8EPLYNJ)Kv@XdRIv=M&+=YHgX`mW?H;G6Yu zNZ7FeD))4>A#Lg$2^s59W8`?)-Kuu~InkBj`}1VM4QCRIRBp|m*jWTQv0V%`;tqhs z_UvUGYAwmb(4vI{#iS!>eh&LG|n_BH6L3>cCqJ})_IgT zt&SY1cao~qcqD;sBgmg$Y#`=T3Zn)RUyBhN~o4lekp@nwR*dw%BOCh92 zJX=f;IS&uB>JlCV1Guwn2|)x2SXcj+=!WmKwghBX`0+Uv7tV@&6?^- zizVm`c6WDS;7_P&X|ZPpxfZA*@zlsRz@gV0Gi+`d-9#=0E!F9A1vfgQIO6#6wG0VkUica5= z+ZrywM$aT_IcUq}p#5ip6H2rU3OS}oyr7111E zxgIXAzmcj3)(Vlxt-2LhRiTCh0N1^EwG`=A9LOlSkiEl(L!0CUQLEYZUmSjlW%>mM zM78zMud%WZLb37TtzqhaS~#8eeEH?A9PqV48!s82FP=%p0tB>ghm&fa2Dx=ixn*)a#c;j%F|sZV8yRj$@xRQXSlUY|B0p$PV6&tsV74PY>TA4yN;1 zB5N?!rj6IGo=51bS9S|slQIr+b~oy0GcGvg93**o!wRMOdA=Uc@El&Rea`mOZLocv zw+mAhgA*Apt0xB3-wPIwWw>)vLb4a z!(Hk>UpVBO(tol$xMPt^tgz$*ax?#J>>D%rnt_~`Ir^e{M;I{^cfW0sw?-XJYs#WwexD}RLtt1S_D(2Aa~~eUDEPU0SV=xQn^kI z4_L18l1n|j|44iO%i@Jd7tBw);Uhw73LwnJb*f<HGe6Tp~%epmm~z!Fe1> z&q1*h^H)e<#BJOq<*I7b{ieTVL3m9{&~os3;%i21bN3k1+!I9acfPTo-W0#7IOR}@ zV;XUT?etA-vXs~$?Kf~KIC1K#eB}Y0J}UK{Aa`2wp`Si-PrmnIs=p^y%{K0DG|hkI z{+H1B?B1>b^D&XIXh~8mBqDDm?kQXXK@4jiup1D~F+bk~jG;|q-ePn_mAZUC*EF|dt%{T4tPK-3wnX%^+qQG^1zLDbhmrd{70;IP>*Dg3AKIC%Bf9?NIL2Al-lVG zzu(vWY733aDR#(rV5;;|!Tp&Av#9yHVA)Y@YB*4Bo_-gG%&6of(8|7eBhV%4t)i4C z+{hncBvoAD-urFe;@!2J37M!i!JQ!8w(mny9+yR0yT?zH&bk*0KE_hQjydsTsvgcM zQF8DT+M7;Ixm z->N@31?i%^1jVaUOP2e2nh?pHgK*?TuD;wVjLBgh)0&n+GkbNRR$cdKZm7RUE9k}` z-0H9dy9AV6Ow90>*;tPh_(i%$pNQENBIkAAG8GPxd6e8C&YNYI6l6Q`6fv%M0~=6X zkX5VCPMcAwT-W_n@qrHwjWc}<3SNVq!f$qh%k$y{&*k;(SI8Sk4j>XIw_E@iPMiu1 zFijg5QXFAlEczhz+zdQk>KeR4yJ&2*7$lL7oW>-DK4(!sh{hu2xs3|aOA9OAHH>e5 zuBZQEG#n;hkbI@`jc>)pLlLE8A^=4D{qH#R5r1J0b3zBm*hGNtz;LHR$^vOP0m;EH zV7xF@_OL`%5ueB=Lih-n6{#SDV$`6+s?A$8oi_`Kw2A+A8r8|B-SDddL@R2bum^ z0Ytv2QtiyWh1&y7h-zSLj&Xb^bz`+O?jQ1GGQE)#gzD4l&!#GJjdU78e!*klAbjGM z>_+>j-dtNY1D`9Qv|-~|9vh$KN>}{BWH1V3odN$Bfjp>yGJDcih_h5^{(=k#rcDu4 ztt7d$uGRp0;xjADGRC>WWE5lc?=wM~={^I>x&n!~+;n1H!Ng|C71UAP&emh`d+!yI zVfz!|^$PgX>eBdgh>W~rroGvMnz$mCbWk#)zlGv^)njI&!1(VjtweqUF)>}2ft;yB4C13qPFQjUtMjpym*6+J7DL&B1$EW?_nQ^Lp2!sJL=%Ud}^* zFsgCHlXA za^SU5(g1Zwc*0Iz!Ihv$nmTUcrxDLjMAll-ROX&$jS1NTX3iZtS3eIxxIeq%dUB70 z#GsBf-4VKJDG|DIe~CNwPa6Go;VC+dxY9X?SxPsZDu#XU6nCZooc zq;<2DPdq96PR5K!#e3*TO({RrRl5c(R$e|fPiK6J@6cTq&TQ|oPfsUaG^g10k=lw6aFW)s$4|%A-}}I3r*j#kq6C-$sF(+o11p`FOcE&SdQih< z)b#%yKHlIA?1Hyuyhm}TEu*zo};4)?Rj)3ZOX3Q80xh%WgUyFkXZ@RYc@_ zBukAf!($D^w(MI|95fr? z=NxX}B%NmME+9hyJ;R?&Fg!st|I4D9NrfU0ln1uk{>Obof$E1zsbUx?Dt`RnuC;rO z8qb$DTkw%#UL2y{c4kP3 zZcLYH1M#OCf!#Jt2WO{4Y8`wMd}h1y&oHusjgDon$Gw?k$Mf~&kYL7JEsW)>a+AT?~*Q=*4x8>L2jRX9#HbrEdJ z{JC*9mZYu2qo_bL7(5Vtz0+O8Rrdg6RhK|@8n zTdkVCra`gK7SAPg*O%JiPD-r7E}KfWi{jT4^EfD&2BXqf*{iWg&apvCF~&ch4HugY zB#M!ds*v9`H)ZJk4U_mPvlebHrjTiOD8CdMS$_H|?xZ$bzwn2I8HJc(C5{Bki~mSU zr-Zr>u_@;YcAcK`C4DpG+52HjL^x7Wn45IVXY7i)^EjUaf2K2$xoJSR-SiXexIGBA zb1)rTkMj0nX_5z9x)s|eCgIU^YgsCzfh$!gy0{2(e+kKu#%BwGvmcZGK%mVUpWF{x z7ktcA>pUoqVx(WJ&Kz8WeyZzpN%%xheHM=aM;%?rkl5vXN95$sK;58rpfK`MrX(?v zNmiT+J9vLrGlMpX+ywu%9c=3Um2+`@Ah`IHb}#$p!aW;?IS?tFwz`yL(mqW$su=d) z83hMkyZEyZOL)@lEC9_ir=eK>uDRsiH<#foV@J_M5>##a-UJ9nKipPQ%*mgCH_h$+uxiEpqP+-W+q=+lyAu)M+#QKRdXi+jmyr?1rI65oM0L zrE;agwH+4rLX3j6KdC{}k;a=Y?!fTkcdsa(Vn6JI=96~#e#?l0lVrYcSrM@94lab0 zktsZUBG~1+9O!!@N@tsj4TXq+sUOQ^IETWAP>5#0CRGNg>%>>4gYGvJpAIn zLzOPawElOd7!oYf1ZJZ$O@qyV?4LPI<1cQ9pukX%Fw%_0??nyONN|vJ1#kGz3 zZ`C7NVUT|eB|ypB{1F|tp=zIpK>H#c0xqgC;&?+IcPbL95+oy~#@;R`720)L%kxRL zeeeSk29;#^X!jP5jva(~t;)17CJxRp#RzM(LGyImtK8~ZS-T^E+j8)v1ArWXj<{iR z&_!II>je^gN^SS(28dUWFGG$cC?1oOw2~#qP@chj*~{!;%VlZ3+;Za5bXV850gvN) zn3HSX6Su(L_7)zD3+XeEDwEI&L6G0<{>nA%H2Q*fI@+VtReU~b(rsF0n3}ItKG$)W z@O4Zv6g%|}%Ablk2>8i6U0#*}QQ0IEM)41?fh0cvMQ<9hZbMtar8sQYF&Y^Vsh1rUQiQx72a>f+#kn+I5HP!W3PIDg9>qX51y>Ho8E zNFNKHQ!Ga4CD2myLt|rG!(#KSjicfb$DLJ+EN6AQ-g9*?_E&6wPn3{ztZyLX?CkK? zJL!~~d46AHe?!hz{ylqq`Quxh6Xq*=;cvlf>s!^k-&d};8||wMd3F(zCK+!>GE)Ln z>65BA8&$(Lj}9ApQRR>$ZlAEsMKfn6AaG zAr`3}aThI3u$~1^9o$OE9$`h^raXa<2v?U0$_dnsuBc)*075=KO%DxHdaV-fKl~C%NC&4s(iq?5V(Vm zR_OxFR|2G3xzQ|eC#si$sfKZE&x7K#(ZBZ`jmbUorZ%w^=5(OfR$0qHZS*bKng#2D(^o>}Q^Dz63mUMv>%pSugM zkvv+ruosPiV+?z+jel75e$n%$n%U7+Rr$ocyEv5;kk(X7e@u?e0+i;_H#rzv1Sm|* zwUqg=CHKTpq+U$S3C^q(B^rp#=!4qK8Qc5*_n$A*gsy+deJ2t;06>8CUGDSSXIp`r z*^n1yo8S}-b#*tn{Vz}hMyjiQusmnhqGY>X7U64I{R)_kk3f8FNsP*qN zK(8{ZaxmZOe$w>y+$GvMv{h)uPY3L2^3=CY0;HR@ z?~c7xyP&3gYAVw7pR+%`Crzj)D;d}ip_l$Zci2#Y2I}M|$o^6p*aG$Q4`z*m9QJ_Z zCWs<63EI}jp&J~u6HRcB0wM4cOOcDYt%7ROO$e0=4j6BzuyO0}3=cdbHEAF9CIe{? z@F528CM3nbv88#p=W40*cbMXIN4H{sn}|0Z^t~v%g)OQ~*Qf2Vk)uw6TH+M|kZUj} zYxAR*-haRR&a^G9mIU(hlnAz1K;k7$B6QCvxu7!sSOAK0j6IC4#x)iIy8xfm)C*2n z%%6`&YWXVzI|->aGiHJ3ys-;4iI9yD#uQJLG1IrG%3P z%@6(}GR<;%igm%rlR?l}09@i*aM|csQS=UQNoYAMh7lW{Uc|~1 zMQ>^lv|vDLBUGweyvUVesrJ+g)e&C{rGxQ617ksS{J)CEEagTTo*#c7_Li0X!0d`m z$c~i52qc}n0m@7s7*^3C(uYjELsw>R?CwfuHyPT_s}m4rRnl?@7qLeM7!jpuLY7ho zcIKrVQ9}F_o6aZ29d1VFd#8kzX84CJ_C@$M1HA{DvR5s9jkh2e>z(|sN#jYV}MY?Sf(_HS=15>@7XDEKs zqiC+ByhZ0t_49TOD_6970J@7d8OxBXY$j_b8;mha;&iVsps9{5sU*y{iPyh->9UKy^WrL911S@>A+_d zL%*OpuFrL%Q=7|~)rQ1Fl7VL|KGg?<8O{q;3ylm{aSX0U3z@x50u+xLLmQtpD$13a zSuy=OROJtn{+}H{|EyniVdvTe@aX>tnYht|B#y@pLo@&O{Nj&9_%YEjV%HP)OMRok zBf2|rqmti$uX=VvT+(RL&>Hi__S!oir#%xg+&eVeuO*FzQ6oN(-(`ju?0USTuG54) z?WK)n>x)hYxR*3C5OZOG5u(3XKBHgf63;zb@mO9z6}0Rd5?WE-f{GzwIiurt7|-;> zxK70E-SONoqe*z>?-D`FsxNlc|2t|4%y9y6GCfS4`tJ7+F@Tl_;uLjqVo(E;U49B1j zp|dHs8&3^ls3b6vFYa!*U3bC*`6X;=eCWG7Z%(DnpvO_)FwFYv^jGVY+sE$(i);pOSYkD`BS2u0ybG58`4*8$G3{G?F_|I~Kqp?pz|S}6Ywn=puQG5 zfH5r~+I}xAhDKtvEz~Mz22}QMZ5FX4w%GJ|FiP=)T^+mQFWC?#yUIQ3+7sjjKGpT( zhR6xzlwNhNKga46&HlWQl2PrYiW2JFeil9eqOozo6xw_NAp7=_?rh2Vr2ZVws&y<5 zmH0tQMf4#oP<=idb;uG}uK}tOQ4KV#MG` z7pd->vy1_WmQ3q?@XeUTZ_!dy)28?^adRquiN70rB&6^ceAeFApIwK>;cpzXR~>p0 z-!fhGZda(HYDZDpE|U0OAfyn|&{-BV7#vtXYq;?(RhJb4J;j}ltbdzPf`NLg05zA+ zFl@=fRq^0!RFM~s2j!kG>;04XB}#PZg6cU>T8Z!~(jL)(m_kr^CfEP7^>FIk_$m4r zRTz_2+kuT(1u`m5ua3IBXzK%%kQ@L$*RB(N?{B=9wNFSti&0)5VORl!z?D|M7!K6S zfH;^C-QpUz1vOVL;EM{4w6aZGp+GJLim&eep7$VPPfd4j$TuLWL&{L^skpHUG^AIieo0Q~0T#$1CLPRu z8%{77dky?h6}zhxLTj)#BX5^^fJnB^vVWDC0q^WY6KaMHSqA%Jt+KZJzmPl+;KH|4 zW)*)OWXHuj20Ixm$a<;Wtd>D8droxvNY|?hY2=L$3>#sg|Dvdc8t$`kGZq5tiB~<` z39i~1FyLCv#rDCRcc&W;Ca;GPZ{6~6OirTKlb`;a4vI&&*almUG~(KPb}EjG9J|Tx zy+Bes=_@o}sSGl=NAjEJxDv_32noysv8=Xdp24z>sS($XF&2R%>Lt5$O(djEmSN_6 zSnU-#g9(lrA*rZ2VVcCZ`=_HDPex6=1NcX6fTt3hWzTX8Hqq908oUQ#$Uk8h-ZV85 zkhbesFapho z$`-muUgoAKyNwO!Wm2-t)H3%-5T-+39~9uymj@nIYd|nZ*0yPjtRMQnO0_UyQne8b z#Pf(fQy8D(PPV%8jpgsW6n|H>BN+@Kwh27P_7J?GT}|DIjCZK>Mv!*qorHr&7WOrn zP;Gt#jhd-^X2yF|x_7OD>@{kQlWuHD_(Dtji3bhsa(nS0UBnOxHH9lcFH@0s&C-qt z(ae;8?;6$WtC8T4zmr0w)lYWeg|4SyVmm-97G_Zzz^7;JZO3&YH_R!~c)rII+#fv1YSmAQ}v9$?b4q+*2) z8@?1h^*H#(u88%phURfxn|)<$Gp6B*a5m4nCIO5GA9>&WgrpRLX+GrHG%82ENmy!# z6!TB!CIBF4e2r$m%&FNo&ug$k5eC6`oWpW$7UkG|r#A$%(;rxFKaceM$eHj0m-uy5 z+&X*LCn~x@8Z4vz!j5GHJzfXZf&@ILgOQuMf;EB36PJFw(_zVr#Q&5NjqktSr3HQr zL605V+grE+ zmUb@eY$tn&|DHI3U0q#VAZ`%1w~l)m9ZYS#m36s%J5_3Hx;?IIN-Y!;Bm?+nEqSl} zs-mi-sJ#A_#gRZ%;NZ~yArUwUiHg$*=GWGsU=dhcz#jma{7n9o^SJ$!VERS|1|r2E z;Q=>(oSGWyoWSPN7Jsln%+@h8)z{V7fSCGP^;IbqB>ep=D=Nb)6Co1|BHFE z`__;k=~^2=fQEd@%_hht0L+S!mjD#_5a;IB(DIH94K0kI<60R&0-VNyR2i7+hCUNqo2A}I*^gq_#_Qe1G8hZV}ySx}1 z9iITuH#9r|tFO1I0d(Qu?*8JmmC(e*@W(&)LjRbi{GR;i5aG|^m_@WTK(ZdeHOiPn zl0U_d=aL8J=cF+zmgpJE)CUT)iW_}bB^}P56;>NkYv8HAZ+t&CbpRqG5&xE z@uKB~6GAWO4*5_L(=^_dZMw&%^+NTy%4%vs$QNYnjg9k^CpeLz z4aFNoF;bde2J`JkY5zKaB^EA~{AAWX_`z-$)e7g-!OnEjA^2{p`9n@YY>D&~4>2@P zQ$DxuLN1Y8fPl$Z);CpUK~o}fIY>K(dDPDU>8igoi+^4R+-_ZX_wMhRsWdb#fjHqd zs)F(--+Sh&zqz+0=`U)_>cbarp_j~rl=4cx>8MJ&L_^W_!D=>cuqRu5*L4iwfF>4% z^z~Sg=*dl_iv<;w5CTrFd4!-@W(lCoHIMu@=$ruG+p_Dd>Vk<{ninyBB-xC2Xmmcq z_`U}V@Mr>6YB$%9E-6bAvK7-fQc|FI}~%d?0txeUw89E)w`*$w#Czf>ibkKR_@&dztZG`fs- z6*-(Ic*jK9tpPl6y%7!e+fKbszgPVST1~}wb~bz{dI6%`&STx((kryk12#*3?ex5aFWbqO}>0CiE&gQ&$ap~=5mqOJpVR6oRSg0M+xw+5X-?+ zv%5pdhtOMZlia|FsOH@408GPax=`|cgdw7Wj5Q?}d4MfCdH5@TGDDZzTdGBPOJv2+ zg_|pOWGFnUNgLu3S>g}N2vi$)0+at~uPN;x_f2SBJq&;w>=_EXXGm(ds=Glf|07uM zt>ddZLZKP1z9;e(Udf3e`1`*yjhv1!NQfsXMS=1IK!Gyq*k?;@F>Yr{M+lHn*)?F8DekCF8Mkz)_ zog2=O&o5n?YxH@Mgn}Gq@2)3u6nk&CH|RiFb6O0j=NONz-Hg@BBM@+T_6iS;{s1-; zA=n)c0;OS&N=^+`zf@{ALwxQsvT6Z6lQ?uFfw7)KKVZO4Sv~JdskFNG^%F*$9LdPu zZcsfNWPzw>brr|)$O4&!5zxgHy3p%lehD?wG)8f5#hY9PCD|nD1mAHd&m7g>O_sH8 zB@Rr9Y#ixGot?5$`E~i$Bm%EAYw5VL+8v=~)y%;UeG$x97Ksi#la78073d$c+#N!= zMVzrC$}nvXG`~j5y~`t}ka7|y!R%IkZ$@%-2>wi=9mZ*q1PFlW%}W|ybnVdmfAvy2 z%0NUA?~EnyMe?u8Nc~FKGpQ^r7jAyvgqH7@~@58kIG%j#hb?5rLNZV_yk9Pv0!6K=720c z)GW@^^Ky!3tcuj?FK36E+FTI62uTZXz9Yv2Q**g#+0~E@R&lQ=tTLKfB_ZAv*)eO$ z%HMQV{nf7HsJ0|i1KH&$^)La{gx*`yRMHuY0o^Ssf#vAO|qX8)iEQga}ILB%;-J$*5}3y#=xudD-5O^01V2;4w^NC zcJ616A1+I7Z0}rJJCAT;z<<0Ot$FP!(!84SbwuAySqq9G-9mkQ#;=#=#6B?-`@FcD zlBS8$G{OU?YW1;YTk>STwrwr_D}Sc1NW1knt&nwAD7*(1y`Wu?;>~*=td%PeTtTd# zj@nK-UTO5nP*9;#_|e9FE7PXr>S?+zN65>Em9qWIn=GxwT(qD4~v+~=I zQ#0MMETAGIPAu4+J{$5)*eHN^P+aC=4LRqRF%QyuY!tU^hl$J`l~a_s+MCmLH4Xr8>ol1ga4rczMqyYSi8ceFXbV zxcOL!!RG54ORVk$caTm1hwN#A5c+WCM?F`~5I4I89Gd`WQb* zX-k$B`W1()n-SgRsVv=4md&#=PPf$VYk@R{VARiiB`IR$tI>-zNg(Bb_Kc@{hR3(iB9H18BVn4{Vb zxF|1p)u;I;UrN(`+rKb&KJ^DU!{mcEpj7Eku=GXs&>nf2`2IM6y~LBpNG^4)X4lct z&Sd*Bk;A|xOf4Rh4jOkKF2t%B|Di1CfrB#hBS^P9K9npYpegJ}d|<93y!7Hnj!H7` z&ZKo*NW;%)0dbeH#5`N3+>eF-4)F*jgZ&b#M#lN6UAbhd_m!#wQG(QN<_GT zm&GaKXYznMF#~)M8)8v93kI|t<5m2BLqMG8iJuuqW^cf#T1$ds275hoy>*NFwYG23 z@6d=*%KTEEvZQJhg?8q3Z$9~OsTvO4z;>hb+eSvOt^_28K$Ja#(rIa~1$k^8PsZ)d zxdrC|QaExeSvR(~omp!g?9~L)j#?zbj;7y)5K8HZWxctlO7@K*tT})+YJJ~k=K=&U z{z1?>_7&t&qJ;Ama)A_p3$K_j@AZ0XA>n%7#^wTp3`7!Iezv48Xf1u%3t9wJ!t6YK zOy?Mc_qrNeXc7A~s~S}kT^zKG{w!{GGPH@aJo!Yxo(cUaxHs`;Fry|D+FRMcB+W5fPOJqOTpjWFCNYX=kD!ZD@ zbivCCSd-7Qy<5@AuYiM@@T*&>F*6D*QT8S3!9}=YxMO@uX5EkMn(~npdAyVhVPH5i z7Tbf(C}0%gT;*P8c6R)8{~Zy%b`KygcukuBS=`baOv6D%5U;U2gdfjrv@5l3)#$YQ zV(Rf1c?Vx8TB`rIj-~f@d!k-e6D*G6t9&OL){!TJrH@zpfzmG%weEo;DL9uqRz5V__57H^oVN|z|ton zfY0hk#uTWhc4+o>pRCYIQH>jXyPJ8x3P&x3EN;GMFw*6+YNja4Oa!@BA)H*dmf7OoKU;zjdS2tlgt#ji;X>)H zAoP+XU$QxIwA4v0pm^DtYU|QN(*{A4XNk#sZX4q+OS;^A;uRITbCY#Y zEGzWBHpBxISxs9kO-=Yu<%Oz}eG$TVkyr*RyY1hSy!QLeH^vz?**w%c-`MS0DXydq zEVyT4AHOMkl^GRzke8(l!Z*Cvq4vam1@sVIRoaJ`JMseS3=&*G+}9Q) z&ptKQ0|?dn`2!NM!|S1i8a(TwYMbzSSWDa8BlrDZbuIaNAA@}~cQ-H0iVD-#{w^Bk z-RKC-9aaUyj>>zmrsZ8xNm@+u@>YjLdCax%q|KA!olmU6`$@oAQ$YPakv6#tNln9n zu5nLcn^RGQe?!^Tr9Kn^Z-vsLG7=fei_c!~;O~-4-rwh~fD8C{*@4wuHZj*KE4iNg z(GdS|`L#}zcA9n}Bzb!E*)aE)J?lA6^D#D0PG8aj!)p7la^f5oPmN5PL@Gh}l>-a; zucov+vs39|DHfB%Z|nBU#ntugK!GJz+2nLBlNU9w#JNo&k@n^v62w+|;yOH>UQCWU zwJR0uOVnMAr8%KIDH*j5ql+}ZEB$RaZ^j!I74?vD>qEXI41>E-5j~O z7$K&sz@Dnz$H{6vjCp#4muUhBMGgAJe#yGBeV}8txLR1z(EJ1gBjXSbSzx zc|Z-Hbm|JpPH2_Oc%=Q#N6~ap3lMTw$GD0HuTD?`*)V#;E!skPRc^yGC?nsFF(bj3 zh)ZaY49W#(8r9Z~+8agY9H*$<4_)!1{TR*TwQr4Ss41?2eI=v(miq)ugowBjhtnwH zCkT72)2BB3Ho-nuxNCvkjxIF^H{!U7%;y}>sM0u%YAW=8;6GMsZNhG_Jugo-G;aGK zGrVIe{USKa+Ps$uAU_^lCCeKxbGO~#4GOq8M>S76$Zb93OeW1VQXUf~?;*oH5`Fdd zJ|||fl@KjLy)cL&lmEsF<@!QKQ+=NY6$J4M`VNY0eKeZxvSi^NNT>x3E{Z0LLwO7!-`?i4z%n*G`T?tqVUh zz>-2G$h?Co5W;|&k-+NM*V(e%P=H+Oqfzu#&x9OKj(zEIVSn81JJOayjQYtC$o*}q zGQ=5oWWx-)MSrBnM)!xrqUB`tS+hd0&53B~H zS!_9V5*^iETD`GJWIBf$MTlVk`Dx0FZ7Gwr1yVo%72EDX_A_ce6BgMFg2Au+UEYQC z4Y6CgINr9HHp>B9;?)b|wKq}-fS^FXqvz3v$lkIll<(e_2#rrh&d(aVB;4b(ujKHd zcAj~z8{9Kp&wF51cBOF2(0nJ2L|U%sJt7W6wa#^=TOe;Jn^Zka!k4CqWBQAbah%g@T=I@%F#ulq|Gf+@xPTg}5G zTwRMkxZ83Qwq@6i_~L2Gh>!s`ycMxxojT2KZn$u&>M2{ocao*G=D1xP(gCdO7>_t)Di4h4Y1ubUt6VumkRuucgHQw!hV!dP~ zFlLtSxOC1qF;oK%xiWD0QFxF0RC3<$kLUERc_de)JnL9U{Pf-YbFvbGc+a6T@XQi!wD`xuJPWU6bi z@U=MHsdGf$%ks6z-0=~nEFXU?y)fz(<&x+V1}_-GU@iGfM{Y6Nfd>U9{ca(|*{bq&fj|iK-9}>yijmp1P*%*$sS~fqwX(u1MWRA4*3*jU}0;fr> zdsD<+=siM|13Q_vgX{{=n$A$t^<(Z-7$63H_db66s@?W&p z0AepYX59#cQLJgZvi(Woc7l!eomk6VqNZUBxgV%vGC{Z6~fd!uZh)xIoCJ<*ui zDC7>RrBeIn^2N>#{#6+#=3?!EwvJ2DfG0z~m=6wfgYqo8IMSBIL%9qk)o*_X_uR(q z-~>i*YB7U#v-)R-AEsJ8SCHal&(piP51Lr78!YZEw+Sgxg=K##-Q^C%P(Uc*`QIDc z_YVk)cLq;wKU%bZz^qu!bL^z1iW~{spHym6q8e5I2y%&Ycpa9_%GrP^^EPpJ=a|o4 zuqN=DF}XbNt9v_FmV|`D3PN0?2Z3`-Av)s zA8o13%l!+S6A?xa;Oc~Khp`U$bb@TI3~GKJsv+v)+7&R3(-aX9LfV4>i+iYBLflNTQY%$#Q9F9c;jiWf1DJn!+TJ_fxY~igHfbY zp5D`so^-09*Y^S1=TZGTw-o&|Ex4UEEwEADt1d}w zDFRS(y5g*lBvwFbnJ=ypdKr26g42VWbAAQ*Wh32ydohfxg7fS z6j0IYtN*7_d%mJN<9asnADb~BW0gFZ?JJ-9?%%Xtz@^=djx_l8JKq7=d0U)SSt&~D z6ZE}=>a|XXP;U>Tp2{pG3g*zr7u-efe-XnzZrm_pYBo_z#-&Iguv^+HK8v)U2UYMs zRd>an2hmQDVP~>|#0mPeEMpeS#EHI44vjjk0iov=f0?RQVvKu~Wa?-5a6&i_x>jR` zodB!Yj9N(*-|FtJEE>fyo`5dCjDTx;{`P$$1vvJ8oVDx3dZ?Q}hY3=gWzRtfGrgL; zETV3in`2u)sC4>a9u?CV%?EOmwX+}eo&3nZkEf;&dE?^tO zeA*4+W=@p$fwv#W9qJoNO4AXJ>EE2kW$MPZxvmOG~|8-(bP9GmO zkPf+|w2(peXVON$HkYOA$%4)t9U$9`|KGuE+hnZ}@UN^Wd${6;CK z`D`nI+tVSYjMFly)%WzCUNMI7t2W)}rJmq~_1Pl8F8BL;E^#EDGI)Z%50TOiS~XgH zQlyUxmvZY_`p>VLR?A78u~wwR*Vo@{^Qjm#v)(<0&he-iu=Ku7D~Tq1tZ}x0cn6c$ z1u$=Z6ys$l7qyBrq@q0-#w^2B=0wSyTo@FUAPG(n~i+S9U(A+8eZG{)9i!l0hIl)V+Ep zO1?ai78h+>$9_Bd0$Ms}BN;7y8{iZKuBV0*Xa%19YnTlL1u9iWSt_%4mWj<%u*1zI z5_WIoETG(|GKf{NIT)3akmm;{#vhoEtb310^QT_-ccHH1;0L= za76%Vf7ds@cWDmS^SbqVWNa0Q#m`{{i_f+hVw>$4UIXH=JCA6gG3A`R$_CD-LG^!u z-|6Prfjcg%>`4cT9@x(j(q!q^tfVG!xgYscN2Pz{TNxk&DAhOD!rCr+G`h5=o$J47 zo>@jXjg1s5h%AQWM4NrUQuGg99kCFG_d)4_-@=1yX9NcJ%J{j?st)3L@p3#EUX5(Q z-UzVJdgXfI9m9)! zeumgnsnV)hHlk@j_;L-Yd;LsrXVOhr@j@HU`6)Y{bVF_9#e`kvS|Z_2q=j51aKx|< zY_HB6(2kgya>+>b;$!LxXzXLD(K_je>HC;3K#d6)a4%E$w{NICj{kKAtj$)M1Dts0 z@r?{aO*#$#eBsXF4hzf2R`FTAa$?dHwtHk`NeXvL-zRK1m>40T+E z9HvD_KxCt+`DD|AeSd)_o+Jn3ezzA~oJMU?8%1^%4e0@5@*n5_6MM-XW+1^oT}M{n zk^dL!f(LWnC;0ZVr~G5p8+*?n58 z-JpQ|2OJPqzgM`Yh3?XK2>pSP9rpp(hbH>An;6{t(p(<QO_f8Nl(HaSD+1N zcPgg(&H^8`j%Jmu`gWgTccftAghvmyk?~^0A%a8Qq3G#SB^8 zya$b>q)ha}7rmVYumOj5zeWUIXhrue*J^}3g{*u;+n-V4E#qc|c2^5shFU@R8c8Fi zfBp|wv=B^}^NGEL{yAThEZrP^5zY1sfzs40Jk2cHZ+a!zhK=@J$C$G=0lX8+_!zuI z;)QP8+8jd+Gt;!>1t0i=liMmP&)ViMBQ6gLRz*SxO#zS1!9+Xq1{n997bGkBC5 z;|LEu(K^?BZmVX-`?`y;)?^!&2Ay-J0p1c$Gy57fc1B7w{gGC&1qjWK`y783vGC4_ z>}keC+O=~A#x?w<9|pF%oJ!;hhE%yc@?eV02Qk254~Sm$AsaWAexeiDqewhsirldT zX1`BF9!5&cYBqf_c<7}fO~WK*1T%WmPJo#wuC1n*1}ilwP&<)FMndB&Jj}{P!K}5S zD_9m88Ubi=1BG0K1-bA?ps8cd;S!Cs2M#oKA)UCZ=CQ;^7gBA(hvw26_ogi0|JWq6 z3eEoostf=*@sdpo!j?E3cltbfIcsWlSE5VQ+@t#7_emPSK9?1fn=3v%^pMIGCTosS zQh?mfo|uME+TR0f&l`b6{&G3+%mLj1U7wX-rP+SwU=sSgqadcwk8g|2z5LZwP62A3 zqQ4;@((V}F4qc;zVreFp+_h!VneNu-rLs?h3J|Irj>I{NxL%rsCQw5W`=_#x+g>N}K04ANPN&+gI~(R5 zH~(^7b!7m)+<)l}Y9L@vZ+e+?cDUfaP230Uy@vhR&hroOpT=lwP)S9u zOO9P7gK|7BE<}*#L}f+7H~xB1@@A%n?T`ngE}XMa;i&ALh%D4hme*~lVCdQJpR8LJ z_rA+m=$4cW2r)E=7I(d&X!bden2j4&t1=2xf(WIPg_#+7^6tM6H*qSF2p6AQ|HyZh zEol;b31a9izF?X!tf2?)n;{cJ{MpKk8fodGRaI%$WZUk2SY-KR>J#Nm&6n6ybi@g? z<89+%zH;ZzRsF@SI!p&pV*PdiXtlj}x_?Fu|OxP-gg zA}mHYbJ1{2V(L`s8c8vt>uQ;gf(9k3)ZMo4iMZL!H@`}J1kh8cFbksTmkJS?ql9Xz zB%BnIWlC#A6oF@k?CxTz3qGVS6BB|&kg4?f>RGFJCm^4VJ$Une0&$$5T}s^kga?Rv z>17^(03W`>8aFtSc1XCJmbfbfd!^@OAjU=T!>oL^$HtGxF*=G*1>H+L(vbzR=-9fQPv~oE076J z>ftaJ9k*D9C#xj_WJS9Rpi>H}M%Jq6>XzT7M9%3-6ohq+lefoh)ydVw2*?bw6;}-2 zXCsQxkJk?(K;W~PXS7u^A8dE)P2nVxz0!mD;p{357_k`2&me?0`@pTL>=TPm=L7?+ zkW&{F)jCQRFEV8mC1Y@(to$vL{fWb{^K==uX@rM1{8A>5b{jj|c%(xreQup0Pi{FP zW0&_Y>0zY>uW0-W+=j_0b4O`E+rNG~6HEAxL@!wwCWxJ1;Qd1j6HGJ^j|CPv+&H&h z(1!x<6!fUFB|0CiyzI#`eV8DgW}MblX^Vp0jTI zNZEAYi=vNSifRWVnaAiZ8L6i6l^!}&P{^oL z@hC9QV!3wkZ*-d!*(G!)rtnD8FOa(fl=g-lsL{<>LWmYMDu(Vq{*1tD4x%=j@f*_G z;f6x{?l~h~PpT0k&lyuX_GFYJF@ualUvr2XK66%}Zp+$1Sjc|gDhi`Oe9?S(&g z1YSy`kSEz+e`jbvr2NQk1>O{lsfnMPTv_@ zycH1%Pn$mgiZ>^7Cc-FKWQUO`Pj!WtNt${nuWuy5G9-!L?M+(6OYFl_@^~~eZ9stz zx%96P+N0}Q{6qHpi%-0&FnqZ!HpCd^td%Pl(6B0_y5Q2}r+(g;{$O328p!&JMs@$Nir;r$^YiANz0J$GzRr zgR#57E4w}g=aI&43>T96EIDMEug^u0Yk<%iS&H0M)ZAnt(Xu&jz}*?ITo9kieyU^B z)}#IHx#_wX7TecY9@A|jdN%Q&OiY0$$q-cC$W;SGl}&~XR>IH*Z)?%BNJC3LCpsUz zjc zeH$mFLm|Zy*AtYwtpktR{1A$jS~P3Oeq2Jt-5Nj8nD~yU3$Dvb%OXj+&6%EsJKF+E zPs%0)a{vTab`n}Z#1g(rKnb^u+{9KOf{dw`0!0#3G$Y>b?-m`*?7u8hBo_|<^I{?s zO-N^T&Z#JP2o1>0cBG3P%Pc_@avnimyflpbVh!)^ScA()@o;q7u@d(-1eMmIE4o;N z3$6%zmF_BE@hUK--3MlR6b=eKSua!twEr*?NlFxjJCmVaX@)9ma%WF4ep56R0+t%j zFwB84<63vnig9c8CPgmMK}g>Eyu|PiWpiP!Zr^*CG#NCGvoa6IUQdL}_iLzOs%xFC zIK7T$toGLj*t^OxKbPhXu&Pr5S$>dn&vz=X$Vd;d!=Ov#w4tY7LX$q?8?pc8oOMKk z`!K7lniM`N!q-SA+=u5Q+oJERLQ_>jZ3-l#P^oG(R>4-BljVQIi&1CY($&{KFI;wq zG~)}5vn%@Nm&A=@!j%LQZ(j83^k5=(FzH&#>72tDH!V0KympV(ccdHlb!#tKF#rvV zQ9s`ml3nOuq0rq%H2)DdYGp=F23&6JY$-N<<-J=|fO2kOM|zWtA9L~{@OUbr2+4m= z)R zmM%LR_urHKnW2u^?&OSv_;d&Cwv7_|i*7m)haX`0c{Wxt!V#ENcP8dR?@aGi^lQ^s zj=V}HO=h<{UNEYiD6PubV3ENwSYS_XM(MmoMIII_~ z>YGNpt=9iW$JGCu?Q~wRZ(KfNP@PDBUFxi;wIrig( zqA8)2S>zXi&Mz>DBqc)eU|sTNZf!!H^J2RIsm8?tMUT1zc|-IIB6(Ax1m@S|bcJ+O zWTFO6Cw>8h1Ec@;CUvxQfC`PQPOgq@&%^Z}9~=yx9-PS??oEq6&dElPjsj7#ngm95 z{ACtWRF~J&l|U1specewVsB-3pKk*h=f>5{#04pyhL5wui<=iV0f9cR&XQlfQHp}A zSSOywEYU=AKG>Hnk>%UVW!{&10=G2`a;G?|;7gl|5Kk0ev($cm^g{8*$<(Bu-P(h_ zp}0z^0y1^YJ&15dy!LMU3lgcipNNYFaSm9Aev>qzT1|UjHlVv}J?wk)+x>bOxF~XZ zO!RiWV*xG(EiJe5vuzs2f=YJd3*-8fJ3pFN+%A) z?4!tg`F4~OTpr3`n<6G~H!-pj+{JG>jOL%Fy+=GL3M@XV0b{isYujQ??JeHe)~D7Gm-hPPTC=}e^-z{Q+>NXs5p`_@bIR=uh=4v9dT>C zMC=1JGydL>k#dgcaF?#c2K{V^ZDkymvlcG~Pcin8hw?meKHnsR;tdTt7x_i&j(6;H7np3?SZO|vo^(AI*K`G zWGk&Vfns5;>;YAzcr-vN>99)`J(dv^9ql5wz`_8SF{*>U>4vrG7+o9EI$sB!g`Kbr zteuYw`g2r?9E-{q!=E9Vz!};vG-u?tkuZ+r_=4)2f6yrDnuONR;k=atK~ zMO{y`H|moBAEsDwea{B*o+0iZv;AmUFBA}{&k<2IalLIlj$>mkLoX7?cF-p94GGdi zM;73TdNbN6L%Z11#DX-BzKk=Rn{H%&)<*8UG1qEui1?C2Y%{=Gnu>85h~@=f7*K;g zygf9dDz(x;(SKc`Yj1J$S+*N^C2x{U1(J(`P&K1^(?1I4^b$Tj{Q=R_mdt7v#4!-1 zhMbb9`o4ZIZe3qVcRDe%%>aUi@iwea7;|k8zb#I|e7%KD&6R9U!9c?+KNmHz6ccrw z54M;+Go&eXmEomkJ3)2#>$^_3tqlQ%`AhKEt8eRR*`4U|dpK)^*xM{yT$%=X!}GahVaji$ENH6@PZFq zWoQi4mv%1$6vf1yjEoLtW%A_if{WxAt(e9lhgQ{}V$S~b%`8`6$c47Q3Zde%;b+dE zE?9@`6#KHZgY}=4#q}+iLM$XT&vb%$UCe&n&JrxBB!2h*Fc3^j-{HHtjoNjh^yL;^ zJb6Xu;)}l&)%wUbG9cBC>gjx{S65Yu>JBomwQi-O*H7zk$@=<#d|yXkZLsOnv;m>#hIee zD(}0J_z+*(nb{}8&+T>7rEa)T-I@3fB^X=`+T~7ZJM+7=W4^@-s8NtGS04@$iKU}v zOdPvbTjL*FZ?=BsO!^=drkZ|mqKg;!5aPgGNIU)knqrzB>v<-+fmzl;7L$jn*KFSp zKSIFGO+v+i%7Yf{=f#fHyT*c>3(zX$(152g734(<#VM@IvP_m|m9FA4BF%N^_L+1x(st*#fCAd0WIaAt8&JZZwIFeB5dH3C(ke z%#Yv$dhb3yLJYT~$cB2{^Vw)8>j^09p(r{?4CUMI-v@(xmp;}#Tid;3ge43~@GhGD z8<~K{lvKXR#L~Tu?n1!&iqvkzr|iIO4j321oWn}~9kzJ~w?FTYFIlog=lyc&LFu4h zq5TTcBgPTvuEK{{X$pUOjS7@Yj6Xvf;kK@Lc2r>2&0qG#WHfUnI!?QyoHydGc?MhY z5|wG|Drdi*?juD85KMoL{!|8pu@fv+rK$_12&5}HSlAGXfgBc%BTEHnI;1m4G;~(_ zIvXa|zFk^nCy%l;I@``JN2I^#es&?$wu_jW(d%mGH$KLAwwki zTsm1rBAHE@50Q0ok7_?o8Aw$@Tm!+s;WzMG_*<*Ew^}=$cf7y0)WWYYw%8mQYO>h- zOZ?l`&CeTq3I|g1+brfX-Czbeyp7ri-$xa#Y|jyWl@q?A4r5LJ)1HFc*{9#&3K`>9 z;%0xWgmg+0E?2dKrus?uP%8lsat0V8C{od=S}KL)FI+4cQl?2LTwZ%AUXpFyK`b!ByH$?CiC z%TayJn5Jd$q`ZLJG&C=I2HSuI=F#FMb_+*cqQp@&Sfz=b$dD?<;e>S(>?nBQq7*Pf zGf9RMduF4$0yf3!1s5NEL<*^l;gLXQ}?k23aZUG$@=IL*Dl2cz&KmPySo{ zIa9R^;x8ESD2uR!W~=zT9~N|+LilxmA!fEXM?95y@URyD8G~v7zHla*)n4)kOdxRG zK|D~l2bMyKA<9kE_78twbiyT?_D7mupV&$Q^*IXe621u&#B;GS4QSw|>K1UQN41U9 zU0LB!bJkSuoD_n?Rp4tz5$mzr>~oQOXf{rvl{WE}5M{3ua>UQ2ufYSJ`p^9jEG3<5 zP}I2D=+C#I?h%FU2A*DQh0PzjWs}4Ddu%|@@%Oq%{U+B8?qDw+O6ZB?9@v_i`aqZ* zhiXxwknR?kU6W-$(0lNj36)+!7+S_euOf|T#f0nG_0mRW$R8R1vkyFwkdrB0`+I|#bm(Xb)0_f5;TdtH9g!gLZoHZk2&SJ_@avs~^GWHEx_}DSO+5ii7fRttWKjBa7g->Pwh$Sgh#dxT<-bCGZkR1|{sr|hZ4V>3 zzo3?rP<9NGhWc;d)FQFx68#p|ilBbg@0U3O;y$ zOArSACb^N*8ZN7OpfF(X&37sD;}!@ZB``8^P@Y5CB5`&wxGr4f)-Cx0jcVV->N||a zun3*&^s-$Ts0?%S4!o}Efz1(JB6u``J=`O^ty@+&3W{eFf53I?vAABe_im#l@gQU5 zE_^h8E%1+|e3=^nbk&8UgqdMCk56`ne^ei?uBdQDhs$sKMZ>W$e4*>kTNq!brL#_^`;jJO0 zHa29J)wg_^)>o$l>D==8q zt0V(n??ldj$AYEP)tSEAP1pownxh94ie!)m2bzsoHLl+BsTtLl_x%yN=_{f$L;pWz<90McgA&u~Th$*i>%>lPwRzYS3Ex#p3Pq^;jOtTP(QI_yFTcbp8EJ z^s9Oibf;mU;^GMvv0F^mcbQs^92SH-A>SX+J-lkw3kzks-igoP0VOYNM^BTYO5sxG z&ytPcQSYA635;x}=!mS&rwqggaWwe-m9&UM_e(dFKNrTlf`sLBpIDroaDfw+KJ`2D zDeIQ0yz#!w}thowN1-|iV{4u_{ULbCJU#PD-->Xoxz1cjTyH9 z^xcv4F=^^=j-TLTqnxBZ`4MLNcxm{CSqt!h!6b&d`>FYPb5kpCmi3cpxerw1ktFhN z%;lMdSF(I<_@g=A#p=4Dmqn!$fHdp9tf8lDisKe%{NCQo4e*q0SUM5~ED<543%Y|x ziTJO79=UEtwS|!K2BBN$%Ftd111ToB`9NUL+qf!+PBgxtcOfArO^z-43~F?5;pw9k zTzMRrxK)(fH_7tl^rs^@OAFKsy4_>fKexWYaFp@f1DDmKuU1=iL~8|q*)1*NNs=g9>zn(W?vofrIz#*o3f=solY?st=06g_=HHNdw!8v# z6)gAes}_gYhofxo=M@({e6&3YPkOo%14n%hFu4aU5*{WqoQC8hMoA&Uk+dR^ieLd1 zCtS$PoKzK66&PR)8sWFC9WM#r=8*WnIfS&07uU4KEtprCy!{yUOeoP){f+qXw!R)_ zYk<5wf!4G2hrL~YJu!XXyWr{qI-YI}scVJ2{%6fLb%?n1NrT3{B!r7TY;{NNyR$paAY177Qsk8Lx5^uhM+Gg@|@T)#fylP(&Jn2%Y_N;qO zl}P!}SYL=-_2rlCJXQucfl~#*@~nF~u))wU15}>f=L|A8^N~KaAUsVab_KZyMc?6F z9&Wzh*CAg@aIhUG_YHZ>fomV+CJGAsZm1rJYl0B&`F7WZ$C-b@UJvQ6irtlS=h^dn z0LeU$`XJ6cDI#l5$r00Lq>#pr)JTz~GBBvS+n?2rE=5JVB6HadD_(Nfb(B0_PF3F8`Y zXWuru0hOP(>;95G(>LjUY7uZk{KBgU0qLR@Jz6o_`YLF{?8yytdaVhlE+Z;a#w))l zwyCtr*W2py(UTQt#vG+BRq!7^jqO3A&&w75FEtFTo$;oq3$`_M{^w+$d0lx`GEHWR z?s`iP6J>gcW=rF7y8ea!dA$UosmOy%sJuFiVngwfC8g7!BqjH0*CNmvs`qpeDa{2|^-TbuXzhv|@d7N|ukGQ`RJj zj;V;DN$BcoeL>}Pqa~>T=^!Ph38HKJwaojIjQvu4MYpnm2lg1m9TL@!y51%0pJ890 zPXROEogOa+c6HFFR^;-Rs&K4NOL#W}Yv3{6CktM{0#(}FVLXpNaQLbMkeXt0r`r`H zGydIJffxu8I)D|F%-^cCXEnsu!5%iL!@g$kRKPq86{<1@Z#0w1=D{3e?^!=67u(Z4 zW6n>{)vV{zO$QUPEwx0SqxPn(`YpOW?1f2I5b_b%O%W9LSXyCBc2hlZ>*b{_B7>4x zQ~HRlgJvmNGLNbm?yvq=yrw{p-RSv_G!i`3TQ#lRyN~lrRZAK~@ZRvyzU5dimR-#? zv7CRx!qWJ_RmZK_@GNf|0(Mr0l9Iw9I_1-G#Vv|qKh1WXW!;fwv-7uCDipzz5Kg z(DY`k>+=<$h1kio`fxRV3vnIKhE4wFTyV1jn$_Fktn1?Hd*pUR#3U7QAb8`MEd<_E zs)Ef%ee*d#YrG@NQ4K<;&(B z;=eKwqpR=`dtcT%!L}jYn%syf^vVz#zM)oXJl4hA6DPt=vY+bxFUyV0@<66H>DGI* z;Pvd&$suA^p{&AH_aEyIWeTn%9_vh_%ar4Q&X&ZG2kcVq&(LPv=$juR?n5|aR=7dB z!4Q6w$S1k1ErHHg)TH0LZ0UEe<0H3Bq$^G953D78Aa;hYN|m_KtwqJdsP(8P5|=h_ z%cJk4%upe5#TmyPtfnw3qNkf)nye16f@955 zthIzV)qy9xeu+PeeKaaju*)x}G==&V(sV-N?Deb2p5DWGdWLUo?5+G0TcfDqwRYy8 zpnM1j2P_o~M3&^W45VuqY&`8d6F~WyK~~o zE9~}pMDb0@=PQ~k6@0LtaeW?{l$WaIKZK^oQBQeF7`+|I-f2p|ls&-uKbGsko5eI~ zWtZt5>y`z=YS5Hu!G==PS~KAtT)Ir+Fc$hSQYzgKU`P`r_oo4kRrM~#a)e8VeU74P z%+?75Bt?MTnz@(gehH^hwurd&h{Y$ei3zwT!v2%7WRH7i6(US(Nm@crSZnrLLoqQD zxbavemlRlA1~mvmbjLCk{j=*w&P<>vgzq|nIQmrqq88hJ`?!La!X8|N#7;$80qYKd z^)G;*3=?}~a|fHwpYtvR;pbYv)<4#G*Tf&pT9Qcwkw?##%Gkz9&3N(vi(Gc@ zeJd(FZ}*#q)Qh8RAX7Yy)TaE$#7O&C=*eM=D;n%d4K4LQmM<-%;bhc<0AZpMf1<`n zS5|^JWl01gNeEnSYe*{^XS7AKaz&EW@k#p%c^+y$6h;@L*_YeSy~%qXR9IZZvhU)~ z{PYl#xeMPl|JV1G4hn;!VK4{d9sDU2Ul{W zrFyx;zUK_m;z>WC^jHzQ-)&yS*bU`uy^r^BTmUW(`d+RkI97waHUj3qkDYOFZ}&fC zl6A7^KZP8nW;#@-cMDm}-K_gT+-pRhCIN0hwx zEkCJ(Km43+i4CY=TGtjnB2DutsK*_DRV_(o-dmp;ErgPin}{mDGEo;Xr2rsTG>sJR z$X7==)Uob(!P-F6yu>rjBoQ_J!4Z#`wB??m`?Fd`hvhJIg`BOu+1|3}MQjMm?069_ ziEpux?T=L`$0ZV{IbWOFQ+!sRFKX5Ml_@ZFL79|W0{C)=5+D$z z&S-87oMd>pyq%%v?zmzh_pGwf3QtBw{>A#GK`&5?(0L?Y$5e{YV8Z^Bo_fYuQC$MP z3cpwfIC{Ax>jp47EtoOM+(M&2PQL z0=t-fYjSUHGKwabUX>Ok4_ucvzsxNLo*_^ug)>**aDPI>$jo>&)Pk9!L0`RTpHlF0 zY3XwcSm+OF9O8xDbi0MN@?BQ0+n{%hckEen_3r8cpxg3jvW`8gK323eMZa-*v*SVq z9p%5yYeU7u**HI#)4aJbtFqwcBv|dYymdTrUvAogGBh!sFp9uH?4a&BqpSbkx^GWr zcLg3h{=TrIz0?FnR8$}DQ#xEuKO_ky6VOMM|MfMJ)}?pbO5V(x>4>?#|LDrK%sRPr z5u@M~gd|Y=2cPp8Wm3Li82b*oYbe}4fh>-aW>4kXzj13{*|S*b=q*@;*n}>ev4N?| z`pnC$rSGxZUmIiVNVn)_xX^%TlR7A-E{Ge1YbGEdB^(K|yBf%DGpOo-(^+K+{m~3y@rdsITdSffh_vy-_7U=v5uIDX6=K=CK7p+W>@dC< z)5S(p)VG^$R6c2K6X!Q5YlNi$MgN1j3-YNBNKrjGYOxJCF73{JPV~AILe38ev+~^Q za28d829C-$17}0`Exb_Zzu(=eYgdj<3O@|x(&8!KB(h4j#68fznX>$NKFO(W+guDgR7PnhD{ausY@4jb3 zQ@v;Lbv@crueO~cr_phN;iKc8Rm^8xacT!W?Xd*S>b$>Wv`{{fS%CsaCDSfL{av2B$fT33Uz7mCRY#e;!(vh_rR}-1vAaE|BDWW z_0YrmpQ|QIL7E88^HP;hCpr9C`zQHGA^G33GfaBi45++-96ab@$fc;y8fB=_hlq}3 zEheZ4uCE-N67Km)4O|#W76dnPUxs|BC}km9+ZBB1<183j@n*_{kbfar{JCBRmif3n zVWw`K`(JnU2xH^$!PWJ;mQa+`P!gv&ppZ^xG>*^wh45qq%G3V{cIndyG19NC#KW!V zq*|a6vjLH1MEWisY3=GV$VihyyFEJn*!pkbE!>nz=@O9#ZuI9$_8&QK_|2W!3h4z; za%WcE4j(`C5>=>VWZ0N5YOBiQ@sj0Ycdce!2n+=8hLH$L*34H3OixA2IO;R&LHivbro6ps|lxHgr zZ$)<)N|wi}4zciT=p9uCOF@f$&*K1I%~7!^EaIsxlvMCr@_^_rgqOV&B?fFNHH;yD zC+g>wio7+i>Q_ID=Hn)uAz*m%Zs0H-QHCyDX-pna>FU{~>S-emQeQSi%imKMUTE~9 zpWXWOFdi#aoY)&!WvP;Ddcb2nf?`tx;3AS<3WJZrSyr49g|Z+o-E++@48}$dLMTA zneRwf_!L%k7vtXegOZ#>ACfO%kB8d8rtRn5W?jV>+OoS`EpLN)LPQtZi%{EI;u<5> z#LCKDg-BT93HOYpUGO2wlA0hPuYaX)z7 zS0d(O0Tt>fS{vxkS|ymCOyUJM`a3tD?e1{(gAN^iDBojh{^L+QZ2V~#nYww~Vi5UA z&@aYNErbmq4!QM{HySbrrZf9x##V~DXd6+1@tKwu#=<;tj@<=2W+YGW6h45{G}{Hq`3-SaB9u1%5`5d&3R zJ|itd0ny?sO?L?jCETv5Yjw2<_uHl{q(0L`g1-$<5W@LvYq_L4OeqjanKNYQ`L9#y ztreY$gPku1f?#~N%FP(T(=KWM87`SES%`E|h^qm#su9*f)a;)DSS&vr2)tO0e5g>b z+X;1ID8d*IqTOY*3)+KUhp^5q-1@u2e_fSJ1I5(^e7Og^f8A-nu;xu2T;oa%XS3%! z*m-m5(anu!jtNt>_`Jat^45h(==0Rpgv8SG@BfFfbJ!9^36yNvwr$(CZQHhO+qUgf zwr$(Ct8Wk9T0MA!9_9z+AR}YPjt8c|AAW;JO4o7OlMg>_{i>vme8Y)8tF`^{?nQPr z{XiYdf64*vJhORvwkB{~W&$y{EchZs!4d;si)P)@gixpGxzf()c+6hm10u})@5VQ#$Z#if2g5wnuMWpfnFsGdsB_`lcB>2F4Y&_>mn)8Y zdZi|lTtyS0DCTk-wY+ANZScSN;DHV|n4~%!BNxK^Q9pET`PCxG1}cGJiZYq|zsE1BpSL5^r_ztR26UCp}D>Sb8Gq5iEo<`00KO7OChhLY+ zvfZbe1!%hg6?&%$0@VB~I|$swod>n-GWQ+wW5r_k{dkUMdlBZT1MKKB@~PLIN7P8x zW#|9r$=PHZo`#}HZnmRan*?7TPVbC(_rVxg(HB9NQmYOU4cRW`tppp;mxi13MbTEm z8jO)~EEC+1;}k`D@oy0)NJ#1WW=AglzhK{GPXnajKn|B+Dcv2F)-k!$sveJF>R<_8 z*@I>@@qtxlhqZJfGFUuE+^QVt>QY(ujA&yXoV(&KTE&EuC}`oz^_4}Rh5?~LE%j`y ztL$H!Cj_6fT6@<3K_7^)D>ZkYc2jBq2jM|KWgodga_C;Bjs`Ev+CIha}I!rO!X>D-XcT$JH?0ic!HE~w6$Ak0WE%|&)19L9K}MDo*RF; z4m76v{b5ca8?AQVsstxAj0t03Y87t*8=xYH!u^8AS`ry<7o=f>S%65)x=F76(BKjw z5UvdLfiun}lA{j13uP14-(Z4?G|ps<`HA^9ca9R8#v~H%5>LtG$ zMJGyi&ucRt!vzG8{~BG(d8ENSsVD+cOL6S*8=03^^uO!_ZOdXZ^@MdlKW*(}Rm!e< z%Xa>8`8l|JMqXRLZ(JbD^V*u4P2B<>QCo(_#L)GNi>Xep2*j0G|0LG~vDtn}eImnc z(m+DWt9n!L-5HIBSn@lEA%&&tltOg9c5E)C2_b3E)vJ(;R6n_g66ei{q44}eK_;fF z2P&Cran)#86Gf!(eRAb{8#}t;TNI{-fGE^TbbS zg)Nn0Mh{N5Uy3ETLO1+4>#xK5t;~aija;H^xzZtau+ftI`V%D49(=FXJgTt4JP;R~EAWwspENRJpO z?#HkN>p5}lc9pTtn=Vco)}&JPmG8OiqO4{ASvvIYy40%M*dW4jdohTITt92gWoY*) z87Yu6V5W;3o1*NoXwZn37dyFp08BCx>@C{z?R~>^?Y|r$9%O9>!z@&WXDvNhxQcX1 z;{iBdv5FEQ4#lSuIe`PacBNvr}|KMhQ>&;O@|r_y*+mA zIfGg|Rr4HH7lPi-qB7}N0r0h+9t2|+Oie#nB-+Rtm}XrqZ8Vgz=9JS*e&5#1G-wi1 zd6v%y(9TNBSr87g!{w}7sf1j!%}CeX*mv6ua`dUV#u=@}7?Thul3J{ZC%Up{oHClc zBG<9!T`_J3cb!lXqPNyRl{u`PHZA^~s=AMO=bt%?rj|!1D!~#}N5aM(sY5hg=krCV zSc3mwQ4CH5QPOdANl|o4mq+f1Vi^O0hbEVZWh85Wb&t zYebT5)r#V%#l5;v1c7YV;9*5&T5&~hn_~Q>7?GAdZYHk66C>bhS9a z?5?fpR2MdFr9xpa&@w5($*R1*4N^};0Rc7;d?jq)dKc-(0n9QS3w zi&qS97__>4Bn8M1@HX1o0ZPWF7)*Y=Bt`WkR*kd+H6F!2e zQmWt!TVLj;;@h224|lthXjYnSBxM8S0dhbIrxbhxy#CqCb&>3p#5>;CLT1lg1z93T zPz|p=RcQRnLU z6jV3aj0Q_sT-W6dSvgb-`u3;fO=JuZ&!VQnMROx1ZC*y11Wi@ZYjcZ|^_sBkVg)q> zPFYw(m^1b3t^5`>yD^-djrLi73KmExbe4W|XC@2@$*+qO>-;BnAD5pTzr5W$@UkFF zR)^ zC#(a7A8zT%-!RjB$4mrr|5&WY@@Ip{(Ee4;HznTg*35UszBH_!^R1@APgs`ADsPaK z=Gsu`VdanYYr7mUs;gLa%FtD~33HyMeZb)$W;42W;)k1B`IMxTG+{0%*<4x}d&Pa$ zO04Q)Gmx<1T$;RSLY<#+P|~rph>wed=G@{{qT^H#->!|V67z7URGxS}gczL)yG|i`^Bz8%GeSKoYqw%VYjFQAbqbVXE{^}k+Udawg}t_>*i#8 z47biQM}4|;;YL<1nw&u;f<%X5bS;{8yR%ofO6~+7geySued4~q9J6G!DmYskC{5x; zsB-YqRnbM^XOp9*M;;Y6F#K)KzCj(bP!yjwW^|M-QP8IU$TBFFOpp1;&AG&FT+?3I z7jr_b)SPo#2ESAP4^$c&GroLdZ-A=#>x>g-JYu>8Kp~X8CQ8 zCq8Ixk2B_rYf@(rgy0-khYrXvxbNSN!&6P#MJ@lChT4)*P=g&9Q9j%_v+z^kE{s@X z8}mQ=2%q2*^iE-^kClFP9{q_X8t67@QqLFaK$XSwHBYz$;mIWnE&GDT45AC796%8(0{JEMswsIi(fn3n{-x4@U}R<* z$%KjZq|K#bJ)W&2YI#N~TA2uYdGsw3I4uZ@9QT8$V$2r~tB^{Z++I zp_8jhyFb7;J#ZiTY9e}7A-Rc@=aT#kXkfIL;4+_M(MPw zS+=JIwF0|78pP{K#iQEl9}wD5^*v#efDbDL_r7;AUf`1G+9M>ekM)n^(0fXs_CrM! zkUb~L?Ih_Vv62N>wWM)Hcd^4(-ma~=mkZ9&v#(v$$qT#{T{}hWSLAjCAZn0UW#(?Y zC_s1whzE(Nlp>RsPzy3)ov~mLA42^F{Mie;m}TXD9u5TBn0WRm+y|eO$kd&sy;vCa zeH_EKitJJli1Tu{u=6UrbS>8j&OV z6D*0VUj#-!N`$T;-S#K~8O|SLD^hjDsB)%!cjy2tCG27vFf?PhAlay)MS`Py&dTHC zra-Qa>zV$Gsh>$w#6nZMgy9^2Db4v69@dM-8fDmDD0O;yhEoGLt1~4&pzbe6;{c3T zocA+*rBm?32zgrqUb1>^5t$Dm1^1_;tEqfntur4(Rju4Vy@8ob-46(E^-OIB;oO&^ z#Hj=W$=pC<5`46?oo8{cs>7b@jH%vf z$J8ry+g&hCdL9ypOZ2fwDxCz*NzfzauYT8$ zh{k0UX2wmGiA@F#K44am^u&%evV9gVlk{(#12}*aKU4~KwFoHJ{vlNh+mV>`IGNese7gYOW7QP1qjY*k9J%GB?uF?7M#JGoA}dd!s1htY)*qa2-h;c+c&eU zMN;UjmvZDX3MK&b-cheKHj}jG$}Vo5$Up!}7#>9s@7IaSXHtCK6TEx4FOlU@OfjQv zHeBJ#{+Q`X>u_9YnW&a0i2oYB-v&Z9h3JGe&O-!#2le;a87h~OgKsoASCC3WYf0Vrhtz98K9RQ8$Rl+~r z{-ngQC`m7d`9zZ*Q(H%hSMpO)#*GW8`oqf@S#+z@SN9kJxXZ*aNBJjuP&-Rxibq3N z%vMgpvx=FAVY%g0GGfukj|uVfT1h>ObZ5&hfd>NLbgu}{)t$n2qBVl~%S$-1nqL6- zf)XVA>5ji8B|3p|qj`EZ{FHr&W~x(6)wEQ6WB%p;JJ!(TJ_0SpLLxc+ia38WxCJEz zMrBobJw+n=_R$=Zvu)dLB-R=WhoiB9>nUM9O`(Zk z05Pwz9l@KusSwR5^FF+?Hhzar7&&Eag_p$;`b@)Rp$^a3=D6RKl|lO+H4a&QKzt;| zus;pz+Ku|}*Xlj#5FdP=VtD0C#T1~sYwPRUPK6f)0)dR%9?oYevc0bXalTx^+S`C$ z$RLk4ojU^we{u>{6H3{PzWfr;5k2CIO+H%e9|*aSm%2I|2tN4u2Q(^>aw-fL$uPkXzW4{j ztSR56I4Fk-=jH11z4s4?hS*m$s17Ne)D2Kh=68|;Uo8Gg$mG|}^^0{V2qAD>@938= zhe$_G5&FtV0_Hqf)NVZc34KIaO?&Ms9|{FS5esB|8=4oS6)+7UuOEc}t!11r$-#D6 zN~ow@jZ5Id2JL?gLS#>AgLTKK{OZX^ply%waOCr)*!vsiZl>0CE> zvm|+wVVBpQU94EcFgn%ox?O+AQ~NCL^_(P61uh!7SxZ(Qwvbfw z?Cp~z`k>44TXyR@PW9+}-2=XueC_025ZQPu0 zK^aw{w4Vp-j7iGVzP_$`Y@mG1QayboW2FAkxQTR~?PWVo|0rN-{C8WBqwVCM?)=Ck zG7ES3-5nopHqNnCj65xW6UJ6Z5=)Q9>i30NFC7Wq40Q^WPB zu`$0w42PZQQUhSkL~NsJ)n+ zV&%a?D{N5Th{cuaRwE<#dw``n1pO`VQ?K)aJ%G!*hO;6WXRDN&A>X}9%c~O)OWpz~ z2LgPkTjoJak6}x}@sJGRRX9^Avd!*BWUC<^hbn8Po61%jd$HDfATz~9&yh{jmTS>Z zqNkkXR^fdoLmL~snnZ%|{rFLB>%$k;6z@-&XtB8h%K74H{Xeqv{D<#bZrZ=XDvxl{Phb+&70i(W2deP2V5gZM{8wcJH4?%!vlG`u@2l4O_Y zhRVN}Z|re-Vks_|#a~X)jC_@{IUA5hZ9&{QImFnL#Fi{g$*x+d$__IKX3xp;!mH(N zM@HK%$Q0)-va7p*b}R(8zLTTMOT!RR{Y5u=aYLSELGFd5ZZk&oksA0%Y~$~qgXmaYP)$A8|a;M z4CtU1GoxQYa$Gtb)`E?D#e1hZD&&iXyz#jR!uEu&$wcR!`}KCd4raY?pTHLWwMK?) z-2F2_E1C$>SX8}qw=oT)H3S!4klBaqth-SH&nM1^eN<78J&3fKqrj0wGr_JRhl28^ zSPS#FEDMeQh>=H7imQi;#!BtF0L5<%|Ys{-Xm@Xi=(L1o^_e^ zfjZ(FX1+l9YLBh`x;nhElj3yiH{|n-Nx|QCksHesJ0s4)YZ|iz`x}S(I7PN4=TCu* z9F(r-_mPH)<576`)x7|!3iRQqxM#Y+ACDT>T!ED_kyv|uXcu1y_sTK5z8G!vAZDA^TWDAPE zkypGY0NhQi3rlx--XfT^S~7HZ64P6%r0Rdrv&gcOp5k{HvBL|NTcO@3pY{6z0lSWi zy^<8-V=>ZiqQ4p6?s!=~9kM-H*F$Gt}EaJ;*a(?9`-!@|8-T+)^9c#eCb*Jp8C^ za7yVqWq93V4O2Fm1|qJEg1QEm&W`OBynPqSh-sMU@afvyLuoA8t|rg$@okksr@Q)% zxOww5$^yKB?}a1EE~CX4?;ji{ysvJ%YBnJG8}LHv?TbsuVcYG%&^r?K7Y>G#MtUYCrPYH_jV(;q=+W-2_4XAQ0*+tk*7{J zqSDaXPml|TDyxhimJ+Sg%+ZNzj`MX466Fz5<@(tLu=m&C=}{7W@o?>{r`<4E)VInn zPX3g$@F{V@w;u^Mj5oM^z3q&FhI~S&eDgJx{+FA5F^H}j`}#a~7Hqj7z5Jo;5f$#B zT!8bI(};!sgKDbiN?p21@;K$TM6>dd_X5J^u^WtiKcL z!@u1!G44nN+)=TcQ*f?&%T>R+$wsAa@3`s18eHx2EunGVsuBb6urK{)S?nG3a zRwsB()e_eaw8`!OR#;ydyJB8xu^#n^&v@}Sx&--b4dmNSO?^H*4%BEa-rP^b)+daM z4<=#p!Zi)?x$-=&a6nd*=wC?gx|I>|ZI9A5$!rW9b!p;wzjlxUK-ytnZ49=nc047| zow(-Jq`^>QUC?~G%rb%{t(k_MQ`LYCj%lvU{`-NH!o}YLv<@HA=L{OS0gbfS2%`IL zB5q@6&_;BJg)$xkTWQ@aW9Gf=bH>4}pehLZA}2~woS( zdAL4ykMtMng6b2eGl`z|s&KsrZNs+xKvZ`-F$b!CFx>fS93ab>i$gZ!n|JgT%l-eErp!?>3rd=iP|N%Vta+{(B_@*7|wQiRc95NBsG9V!`b zZ*;RvNLToq&KyA$r!L*PK{5;V>AwCWCP4}9B$}& zNADu?`zd?x;Nr*jt%<^*HQ^g_I@Bk>g85y;?YovlfzKQ@_EurHkc+PtnBC2v`RqCG zhw&g&p(&+S#Q;CR=@EBIDAs*_n*IYvxvU>K5+-UeT!9>%dis~`j`FLEBh{`eHt85~ zF@8X#?*uwrX^=q^etH5 z^e2X*#L*4)QB2$eVv=|QyuR)!#g+kjZJeDcjq7uN2P#b&KCW<7eoB+nE_w$!XEMbE zb?cVP0bd_Ygn%DG_oyAI3mE-sGJd{Mcn15~G^B|UrJ#N1RWoUruQBb&^_QU|)J9h) zV59`w{4QoMx0Llvz8|A4%BEr6m3j9{zKdF-rYmmR-V+6|p#Oc`QU&eWbQioz;*5nL z-n7#xjB)zYy5t@Wd(bcsXPa7m10JP8pwL2Pk0cR-;yiqp{ ziifOlrE4VW?zn>x=CD=RoDFZfx{Mf^VS}<76A5aEkvDKGX@4r#00d%J?mpl|?t8_A zf@XasA3^M6YGnWWGnfo9_GlI*@G5x#d4jl{j-s^V+}dM@jA#APKuHWC&O__SA7BL| zd_SMUiN?+s*`h_8`<;(j40*e4r$H{*ydSZT+QLgw_}nttM9RwUZ7&{{k5sS3E!%ChS-)73I% zGcosS+x!O;O6^-2o|0D+wPvkH|ER0oAiX~UwX>1uMXo;7R_$U3+0eTse_ewt@-zk zcGJu9EjLoO7yBKxUo8DYCEwJ{K|&hjuh|!ifuDW% zCS3RmHQyTz{AlT!H#u38z-3}oncl3EmLj@?_)T`Go1%?fJAiXi#lYBII@bprh`!QtPQ)OObgprs(p}C zKGS){V2^(;J$Bv=eRZ%o7SS4rTSs~6+FHf04>k96KB{#iysqDB1x%*v(B6ahPIf^{ z1+->#nm6^(WS&b9Bn|m;@eUUlKua$qw^4az)n|98U90a2XB?TRa<^r9z7LquS4;z> z{(UjtbtL&NR{Zi%tQfx0mj(&uD$F zSVa$M2E&0;-)x&1gi|(b2+JiYh%(QYU%NZI*Iy0Df}?9FKyOeKz%V`hH9Lpd^Mp`s z1Lu}%17fF2_@3{F&4Oqnc90cfiA;@*77kuig0r@R1WsfPY*i0Wqt-xZRfjPdV1jfG zuwL9i+KTcB{URYH9se(TZVGGr@D~^u$q_@v|8}WBq0?B>VUL5{6Jo0BG_WW9yS)hq z8+}%Fp{JYBQc?0W_{5`3S~Wh>b9n>IcQ#D`9@K&iKi*L zBG|U_VxNm^SQ^M&buQaj22(0*Du_1Bf6j&AAF(UofbE=8p`}9uyN(YwqfvJx$VKQB z;6z-vgf7m+mt29V`>UhXojTIeDR9&Bb~o@R!@f_aytX(lW0+OG(nG*nu|ps?TYAC0 zRv1iD6G|S@#IV*9lRdp}v{W{lWa@RWTpi5KNp}4En)O*E{x_XUHzs7(Y5XEHPUbn+ z=ImYu{WemL8I(et6EwuWaMaG_8ezTHGj>~=J7Za{^M70l3}&aoEX8`qVLq?ZK#RR3 z2!8<2iKJ!EG6F{$W7XHJT2GezE$cR_KDOM#v**@ywm^Rm-W*JMCqg;!jg8j(hxZD^ zqpZr-O-;gI`B90!wNP!ch|GjzV1J}%XX3%VmgbODjjH5%7t$bT8a@UWaedL_yJ_u3 z&1o5fbCSTX$N3CnhRM%GdlKg>j%c!U?vsGDjhys0$Nl7aPT`-d%56>Plb^n~^!RMz%kLuag(f;l)E;CU?I zHk+-BRSrZqtd?{yJ#Zbe8%Y8?pj2wThBZLT=Hj*sLq(`*L9sjb`sj+}k36Ms^Vflmbe!2J+etoOR zU1+-etcz6qvf14jfX!)jWWx9*LmmIf9pZyTP>v?y8^MxuK~VGaV)2f%=MX`Y$1v>t z%Vwp(qfiZ^4`)J07Twr$OkJTRWRnMIt!WNE?rU1aL1#Q1(kD8pD)!(m%)x>(96&Ka zwnYJXZdZw{hXV3@Q-FBf`UH8h+)8{bhEp!aL(rqB48tR^;;*ETB8cz4xkZA@gf3Z* zWU}Ev1{_9CpjiDRk|ix0pTGMM5>hZvJRa}w{#0AJzAS|8aZG3f%2hEIRt{!l_5A=h za7H-2_#w}pa5&zf+w5%Ss@ztYEbtiS+Fb}J)NXg8g`m3N205q{?31JBA|2oHe!eIVh!+kO+xa90z~H7hsM&WV4DZlJ9Z&tr6^nS5kqB&Q&Qn3_fbK zXP3b!OZVq2tvWQTIaDow4Bm#>XDNIE{65`7~@1 z)NB}2cOFKIs<;@@C@c%r!g;l{+9T#ijT*eDxA|XuK$P&2nqbM~>sHA# zExIC(|DF#b@pI7_y9f}a9y?c&g3qck#p|{+{H1)&ydey>faZK5u%;H8j>Fi-sAa@5 zU7v0=0v#jes$HnHsV%$FEjLtt77J9Z2uLSuX@dvgW;$ny4^R$l>cq%qN z%C{BlQ&AO0`~#G}Iy5Nq=H^6?l`X;Cvop~kAK|f%xM_nawiXA}Ols6J0Ie?j)0>En z_n0g9Rf~im&yHkR3NZbk(8XIm9*$Z=wGs6#M=IX_iMDJ*2N8q5zKS&abN>P;=_fcQ zuCKk9L5yS-DAX!PKQU@VmSaSQ-n;YaRu*TqhAG`ith@Lz!ib$v^*J~Vv_BY*bbmwA z=<;g4iwVQf*!N+RH+H_aIBJtkR>~P7b_m~5d`vEJ`Ss(SD9_LqL4rN`C{&T0lpjmYo{cxZ1qfSo3gY(~?$ncbK0mA1)7ZGdum4swJGF?MJk-*)19!w0Iu%}2$>XmL|&MoLh`gCs{c8e{JK z4rh~DmWNAOl>pfhy3r&{Qr7iXd%Bwad({F@H=&wF1&U*!2e98K9WEb2d-B2nyodvB zvR>^LMDspAm*S_-LO#^a%|-gr-B?|4j>aPJ<+V@lgD4qFy1H}>o${wIx7E>bb(60e za+IP>B>U{Gym*4F&t-u!CFFqpO$H`Jzh++~S)wju0XO5$d`QG$VB{Tx7T?GWdw=NF zM}u=O{yr1(YO4SV_HxJ2kO_I1>N@z2*#VxH4ljU#gLn{2jv~hR?Vh1z_>YD)Np&+bb56NC^!>a_(&_A zvyS2sF4g^^Ie}sOQIfln-nkFPc2=41m(tF8yyxMnE{{HNw2ydzRMx^cpaJFBQK1R2 z6W zAwKuwQ~)>T9GO!SgS7vcnb@`Fxi*1X&l3Tje#T)-)~UQN>NmpAELo} z=HWCAP;U++ihxQ`k@)z&%x}?K=^ncCSSB+1ivSSi`0v;|i9o*-rOD-LXM$YyS-p91 z{VASQExp|kG_X)NIKnn^lMt}r(*u{E^6Y8%IpDt`KcEqcSxcq=;K2j?JjxsS)up$H zzb*;L)TpVe>BLSy(?Y6voq=Jv^9YnT%aY$`vrpDKR`SG4ve_{->q}Ix!;>XIkDz?f zTheQ@6gGo)b6cF|by*QW$B@fP-5I~yY7}K8&ryMzVjtkIq9?tY_7hNlJtwu9Csu_i za$d&RmdfKE*&~ImY8=Ap@4navGI;PjPiB(5iXfA(Mlq^t$mv+R(f|i?#d&V^R9?_!63Pt3}AzaFqQLOcYYWk)^;bcFy1U+xiRcO{f zn#VunsV-vt5bi&L$iLINx~@CTLWBpfWwOMt{OKk2$)K^?+o*;?&^Yy51|r2jN|-~R zRY=RpH*=L6G#;OFG ziW!0gh3a02<7~dvK`se8ahWkd`!!$0n*rW^L`XyGC3|e@!5Y!j%I_}iWphgcb3|0B zGTEE^-fgwjvylnx#4RrK&15o*hXxTU9dpZgz|^}1I_M71%dp|i?OcmN!2V*l_IlLS z>nSK;w+lUR+%VMG+Ku4tdoAG+``M5!BvL(GGm}6;a$TJ1kXlhQqOWa}#t;7-BCFrm z>#Vzx4MKN5NSZEG5xzFfl|(QNjHk~D(Pz7P$LHI#!Mu7(?ge9$ zHeT!5Zpv2>%qhhY=uX~w$J6y0iwUkDV;xXSfZkh{_BJ{LxL0Rk@>tgO|Al=c94r-P z9zwhTR<|T9Rwt?H&iNQzl$$i*pg!3a(bw`J>6^A(mSCn&8Hf!2^xZN0eOc;T0Yt%s zP9+R=0VvIBIPp9)Tqt-b`J}HEm#sM{MTt@J>%^jPij>(AF;j&t{31*IZmxiNdb!fq z-DT!I$lm^LV&mQDe%ox_^2g-q7fF@6@?~yd1X|-Ie{m{0S)93+;H?-rr-3lLDL5+O zQTkw1-;QgGiZqab)KE(E6Ld}TP!57Y#`S_DtMY$P4!D4^2bXS1;oaXaKV&Njj8SPA zmOi5L0QfZ-Ou9qt@+N{(!M*sq!mSjg0H}GBo1K5%sMlNul<$rHuIlXPr7^oW(lJ0{ z5+`%WIA*`U8`Jys&Du4DtMWEBrQ*{kQz+Iu#u^cYCeearon>9X$zd2&-I%vvatV~( zA_3s8)~T@V$!>6GD}VD9OG(tywoApkJ)QzL)%3M{`p zDfx_F67h)b`dtS^XY=<~jU{2Ka|hXwn`oLmv5Au`pX1jJp^^)WlT!9XcWoW~{p^{B zJHdzH01BCxIVYr=hy$lt5%H8L-IRhBLhW$jWA5W6^t?6s>j&omG2UXu;X)C918AQxUuulSxB!#PnYw7peryQrf zgka0%plMJW5F%<}AenA1dJ;!3gP&?~9XjkN*;?+q{8IYhck9jVm4T6HeLM>5D&JDU zTryd${n(^w$cmnjd1g|d5+`r?vml6Jfk5|`J+9rIR1k!!v3o8GCFU$kPGZH-cRZ$G zk+=y1ZGQqKeYLplKbsozulOjzH5g4K4D(@pcpgsSurhKror{>Q%^Z@}wuPFRa%y-S zvXT*B6QBgZC4ck46Nx2u6_>q)k+kXJ8I7fV)#tadRxYIas8z$a5NHyUXEFW5T3xA% z_Y9+*sxC*|(uZI2Q6}0h3Fw(ta`TWpJs}*sh@@7UU$pCI&6<1Ztmyd&6Una+$^QCS z?Tc{uy56n(;{{?!V$b~<+9eDY!Vk6?5CP@=kRW_2^+vf~DYS(_-$Gkv&<7TsmOIEU z2D91(YLVIWWhXVw7|jh$(QWRd2rS;ME&eq)>1H%%nLPve`Vj;I=;2wi+jPQ0)-66= zI&!0o>eOLx1}QJuB|>;~jF?@lSDJ1WPr7uSRVt}nC?C?!K*W7My7`nl*Hgs0G}HZW zc5=bA@~!YB2sD^h74}NV+{D@8t^)7$1?Xx3!FlUKeI<~H0o|+e=3sj(3Y#QDWg;|pBy zWwztobi;V~*acCM*PDv`t8WR9+Kwl11YQ%eB=MisYsBOy0mo>{E!5Dw!_Dr0dr09c z@1~u}R{zWm(jU*53VL#RMgva7)r*V-4?lJ`btg^NASWm}Rk&fq&$pdTNBmhzrjT}B z;h&+pC&}+UnVIiJSe5SjG_2=V$ah1g== z{2>A0Yp zw|=%gUr6yNJjo*#k;mJufA}T)Iu#_86amKL32p<&eqKnG20@&*Xcv`h!cIk>?0!I* zwX$V`r4=@2s0HIFWo0sy&v#{@9nU5^rvFB7^|VQ3*G5^v02dh_64}?44^=j&fy-?$9Ba|w&=B3BNzW#1>g#h^YX2Y)?r$;Viyj313VT;JNJghcI zYoirZzy)QX_6<6@XsrEGi8Kw(5e;s3c3(=V%rh^(_vhWn>9RbCuq`A99Z7ZC+Kut6 z>1-2VI&b;_4Zpe9EP0*Myb-goi@KJl^u#6sxWsiCd$JGKI|u z;3R&S8EJrW!t#m%^Ano?l09@u+g~AZe7g&{w6Navu$;Gz4JFDz7@m%)Xi$>WYN!6| zDp!9AMKa5WL8;c1tmSQSb>IKlufbRmkJ7>R<=%$sUa^dOnj$Ac()Ks3m}dLrW}65Y z8Ps)k=*Z+Na3>X*Ql&&U-`JaItVY|6z9$VT2q!&85e(%He&;M>8X6k^*@cisH-E4L zq+M6>LMMx?dy6YQ0uT|*TM(UY>TOj6K1!1$#YEd+Vq@rW(iQ70r}jobZa=p~hZHF4 z7SN=4>EBh;2PH{?kM#%wuCf&%}l`Up#b zallpOAaaN7Qp;IE;j1g`bKVi>wJ;~SywFpKU_co4ImO{`HP?h2h}snae7vVFv5a>y zET7waevT~L^>Og#)!9rZvE+Wg^+vtX_-8)>Jc7WKN|iqJVG|RfG+Ast4gp?+2l)^;Ch-ItIU{Cb3`#IYTvY#KFDlli2B#03~m8|9!nA6ygVV&HU&8UtD9>l^_0hNl=v> z`p}V8R17I)jPE|nH@}kUhFf^;0p@&c;$rix)~!ASTf>mWXq%_6W{9t3Z@Uq{6L}!L zjz0qZI?JXxDjcZwA_!##q;9%joZ0*QkL{Y=V{5*tSq|!lm>3to_pf%0MYC8U1=fwP zs;I$PTdB8|E(hi5TSfKQ3yg#6(!~*SP<+e*6El0*3G^kR=dMhNv0r8jxMUyOd)~8g zLUkqbrrh0A#Cd~zOP_RuAlsr#`BBqrI>KB3U;A|vrN%6Nhk>{)T{>+rIw)$CFrR@e zzJ;t6?3J?7&2;l(`ykLTBhwwbjiaj8<*r|5GO;?$wHop>wa0KD`K?n#2M!c)rhFie zZXxNxfJU%+k@$mKYnH6b!tX_HXo2G_x|)a32*v_Q=@IG@_)Qvz3<6#!C*865#*xaNOcr0x5 zkjXmb!|G5~#oKx)D4Ie_@yJgd)2-lh0qE;voVSCx=x4H_U0r-JdwG!<=&Gm>q_cWh zh>spvJj`3@#@uY`kif3-!mM_WvWnNLB1h+F z3=Zt7&P*YW%gjyp4+ATtDkvM985sdFFg6S(B}a1s$LiMNT#v-)2J!&N7GMgXo46jb25SW`nwYUQ+ z0Z-%R0Ji-p0+hkMnyLK_9uMBz1H9e}n6LQgxWf;^Owd_>*cM{iVwMs(cO+|1wt;QTRWcXIy5U*QYT{p|xQ{0tGY_QP2G%C}_K)&@1=A_$OP8l0VVl={p~?msvr4}Beb=@hx3*FWz^`9{2u^9K)t`L zJb`9PR<8f>?dt3X{Et}^_@B9v2bx*A+5IOS_zx%l%&M7#y{*^(9r2%1{yiR}xR#2V zjwbE@Ho?E$;`XKvW>)qV09Dt2_%wDl`(MMq-Acw*|LLIr!SX*H1z`Svy1cQgvy~@6 zmxslAZYQWOW@Zb{n zP7OED1D;?yz=VJ2Vq5yIk;FI_2!Av_5k(xPzl8fzOj=>#TfOzcl{8mL4w!IqhGRxRUH%8w$+9A#A2)(eTe6}K|~U@u9nPl=kL^92vwqpd=o zvHV?dWg_^py9ySX7qkO^O^#z|Sx_F}co3?SUw3IOs;jLu%iJM_m8-jtgCn*XLb2su z@fkC)5h#3j$+`=bw&5YXbfEW`$2c?x6;S|r&8N7rlCH_mdu#MqaC?Y#v)lmt zV|Y2ylMtAZla>~l1o(2+H;@M+#{LnDKm#T?`&diCc*OZ@;FQN+6d`weqYL|9GNt5* zs1<9*-4C9Eay?59^wA77Onh9*1?_oaR3Zq0M5b zy7QPEd92WK`RT9lcaWASLq$(L@_(>DJIGKU2*r$?$3F6an z*7-${?b3j5-I{y-nO}Wu9H*@9{DV!TIKd7z=OV+~>UUCYMp$RYVi_~Wxn&V80e)(x z8SO)#0`3`8Ut$50aNFmXJRPpDL!gwPK9iZ#wsWmrSmDA~nb}gLV-*F&@Z>jT~pHIuc5a49HpZ7AAQ1cLemE$F^q=>FJ)YNw9TX*uaKfHCTod zL^52=d87$`)|Xv1Ri(;A=h54&XD!85@XNh0XhxQ&=o#&|swBv<(ad%K4a!G&&B07+ zTcl4h?cva4@>%LcD1VxDu^$Dv!Ua3o{M^+N_8-_N`cs`$p}Z{#rny~-ylWsyp)^LF>@roq~}P^ z4Vte2`n3U=9>I|z5*-gmAYLkiEDT_|3?=1ib8tTz`1HXT5OiWxM|Sa|ZE(h)sFWID z&px+Dk>JjttjL8v2z_$&Uzgt24N{7%RvSt(Wr;#)ktyQFWi)nb1k=;eCG(G;H#kNdmN-FI*_lHCf@)8n@Wh~fX_m!R5h%A%!c)8Y5~RG~$4@=(4D zYEg!nAt*CoymeBY;T4v*=r#1Ew*Y!XN=s%I@=ttlAFFpXQ#4 zn`w?8`t9iVjQITAZPBQr-4I4;Gs;p*b{bL#oq3t6@eIU1$}jFl7RpAE5MjM94YhU@ zCVGM%Z>cAo&!#gwKP}4<6+nHg7aPe+4(xp3UD9j80U=kkh}q}7Wwj1Jt;Dg&9*LqV zrXRdWb7puP#!x`egwLRJdHS}_)98iO*TH3@kyOReZ!X;ppzznAvIqq^K^S0!O$z`b zo*r4s-g#xrAJ1b!xS>06@<#PjVS!;8^(LLa`!eyWjcn{>GB;`ZV&9xl+sum1w5HqW zFKFO%Y^(7D_+3AeR(1vVT(6HOMj>t%0Wv5H-&)S9@A@9| zFEDJkHt5A@F#a)Unp2`vKvb;Flv`r!t=UA$q&8|7S1tY#!wV9&+x_}<{Yn6NDEUP# z#xAo@m8ycd2%@Pu>evS&;@J3okAI{Z@bM~$l`WSdvlh(Z5;qcZk6nfwVOh#((&4Vb zZmt8VdioRH`>%;X9k^Q~>5821nA)kqUvcSxPb6rrltJ(jOk60o=+jEHQxXmQj*}?z zYPrNF0g~lc$@ZTT573(6grdj?%By=Ybj&G{iK)FKXMi%pY|Y@AChNTZl3T5>=LNF` zm+_SPuMHM_muJ$H^e7|+5lFf=c@hr}^Wa-%u?b^`JlPu2HGJ3W5>=E7uNiR?BDD`u zVs7Me6SQ<`&ui&T+|n5zx+cUb`cir)6L^eE&XQP##*(tSX+gB!_F0|eBJ;6f_6~bS zSCE_u!LkD?mnGl6$MNB}pLr`43wdqS(E^-!qHVImL&yrw$)^Kp;qA|v=n}%k-6#Fq zd_}6LlqX>-q}n**B&f^^RcG!Nx0O%<7E^eF{5{GI?gR8bM~h9g+P-(Bpoby@7_1zN zZ^>Kab!M*&!=l(;eDgAou?MpvTFb^i&9{3}oKCDkS$>YzrBFQwbdrY5?B$IO8+ciC zYN_)es5oBAw%35E?Q4+x9DzJlACnq7?*+;k=?E1l8RRfmLi4dhfSh;(Y~Iur=o zvv6h&B#rdN54s(GzXy_CfGK>rMtDLW!nYP4(ZmQW&E4frWXZ=|X zK|sGe9qH3vw14A0u~I`sxF;TY!RUs^>P!R;F@62@yMc4G@}2@L(qhf34xyas$gNOW z!Jv}FR^N90qtCcuxSzv4Ms{8Qk*eU@+?>dfq-B7yGj7cRH`Fl9XeJO{n` z8a%;!Q_GOPygV9f!mM>nw z^BE|FbXxfH_NvUMqaXyVh%Ui|rvwN08AC(38GQPkto(=$pTXgWJM)&t z7UeNS1r(1*I`ZI%2FG!xoNM2v^EPcIxAoc2Oq~AdPd0(`UHWb9NkEDy6(YP>Rhm8 zLH9dKZxeoO^JikJXr%Zxh-p7m{PP7H?P)glyqRpj_tI6`UF_% zIpa2;P6K8e*_tLJ1~3X|pG?1x8P7($LD1}XKG0&?x0F$_*w@(Ea6DLLyPCgnOA8-( z?Vsr9^1?Oy&+;Qi?{dDABpEBf+yqYxgxPk)4{}*kSg@47`u`Q!*ru$D zFPYbS(b#C`I3!tA>F%XVaOxONXHaH`FWw)Nmitz=nI0?f()~|KSw$dDSZ(qGflcap~u;pqp#x&f@@BMI( zBj*?hr8^n~?Xy-;5tLVds9aPhvUSs(DbhHhtmGivbB2nzBT%Jk+>ne_D61msUUs3E zYpkJ!I&H!c;38p+TJQxRwQYyHJ#a1~iilxhW7xtJu$eUNT;sI^^E+^GF90K>N*WpKJwYf@4|O9#huHA@468cZ17s3XKSR zv^i2+X0cy4Bl>XTzM86yr;1U*9YEC(m2AVje3;g?|Hg##jg+JeS5>FXG_!B5g+rj0 zb5NP!?!%d61YXKam7z;y7rHI56X|(8t3ZMA-$z-gtpRWC5f{ks#$vvxkL=&~sfCs* zD>DfSebop=jthwEVM0Tl(Jt0Gu-QT;vQ1Yr@o8HYqlf1{aPx9X=LZi}|AhMz$nv^+ ziC!z(E7uE<$su~fADYpFSm&kWrZyrqzb^*>)96lz`wjeOkMZ# zBYs;srw&#k-*PR@e0!uWWluhG_~w2}UA2(5@EOx`dt4;OtTW-)fIHd_?7JxW3K6U&RG)h#T*^Q(Z>B^#MAnD-7299)jAf5Hw7RD7o3&cwNG&12vNM42 z7w?9tT>@-wfmijxH~Y(eG^0+!&DU#@EB!d4UUo}Q>CcUqYC)6vVba)iO3BN{fcAol zcTe7=v^!VlGMjai|?k}Ck}mVUM%F~ z$^R~BE#rRkbnSnHP*N0jf5QvCn(jn(f3^a?mxM^84sFSpkuMBaQbtXDc4PtQ)3O&4 z>1o7DqX|BYkblEJOA^$PLAZq(7l1}&Z>S(>r-qd|#HHljXHk3BW|&X=MgG*&dvc40 zvg{Nh^VUcWaP-FSO@^tJ8tZBfc@=i@9Vk9PRgn0LTH1%(jMj8P+nkJ!*^)zJkpEGe zmB|QSu%bSTYOwu{&b?3F0k1c}@RdvNojqKdXtQUlhZ+QGuZCK3>{n;VhKYA<5yN7v zcQ{%x#5y4Oh{#gz4~nNc9=%;N{r#YX@{&Pv%iheMP=#IUl)=|MG7cdvwAR_pye+sx z`*RxN&&xT9U}q`(ZFmT66l%(YW1iWcMr=F?Rzcgw)Y-(;C8Y#EMmLK4>hUsCzwY<- zFf8K55>@BBv6r%ChD%k}WS2ZpknB9F0yhoJjXPidAQ3v;pm>*8=;QTC5HtrR8t1?2 z+iOduroDCRN8QaIV{I2r=)q9pPer3H`kg3icO&An(s>({ADb)gEC{O(77C3hUMLL~ zNO9uAUbyc@oU={DD9b&d=u@ELKyiQ&DH3%N%kVZcdq!#zXlPGi(42e{a(>{y zBg+5M)Au;LDnp6oNV&k<=qyh=#ArrO?r_C9FqjA$#W1+bH3;x?6cs^tNEJJ$kv@Gx zI@I(?0_zPfO2S6DFJQM=#VGm-OF}?BRr*L}zBm{S9 z2Tegi57*msNPVSsn&=tclR)RZnrX~H^!Jr3HuP1L&}_;mxoqSu0acOJ@>6L)kr)o- zElC1Y0Oh?^A~3)1#_xTbo>5*PKL7@%96$CYNE^onG{1|8>$B-jvJIpLniOetlTQHL z`&SCeLpSg9K`d8%R$W(rwpv{HhkKDEoWQxY+JL{wk){e0;%94$e{Pa&1BD;{#AR@* zwoo#!=W`fmoG=mwb-8`DLGe>uP!D!n>ElhfAVoYN33#@MZLJR9r{^IK%$&epY= zWp-YwsAnmWTCrRDThW|p8ExrC?!1b-|Eijb<9f0S!4pqOQd)6anm}OSMtBh&%W$k~ zlTUSb|7^+jh8}_#Wx7+S;h>HM!Aw)CT#bVvm#9hfgFE?);|CREJFC(qW(9oV>Me7u z!OFL`>j6C#H>(ruC#0bDV3w+>l}WEXu68UAebIiiu4TkvLLQe3v>oWhJ}-A~5rvcS z(xiZQJp7g4w2Zz_iX;mO0h1y?V7w3Oay3#<#HO`L;%hRE*b~!OAAcQ_Pe8kV*0iA2kP%iASaqc?daFtF5Ls&{ z3?&?MP=(?6Af6mYurIDan<($ce^~9r*YC4x;(^4ukQW3FN4W2ELcJ7LPa@HEhb$J` zjs$6j+W1{yG{U)TLz}n8hl<-(W`^^ zu=hLA)k9qdp8Z;)AJ+-gJ@Rt)B-Aj(gaHbBxK}57Ex%VM`}wFow%gZKw{y4eV*-~yZ~UheyL$F(h-?i|}Pocj4WqIUSDN>ObN-B2E- z;@IAe&;9LC0*)0+haF11U9z{9gYtr+n_*8zK?{E&D21c7<-WLt>QF|B=Fx#Wl1qv8 zEgvjBa}U{bTcXtVYna%AY=fn`XKVhUN@^pJfZ=oY2@5s&7Sx9+cS!7sJKjBK_A5=h zh*p(9{fmu7W&^Cs5z9AW>~9$0x~}^RbkDCxR{A|Fj-}(Z)}^x1W$f9O9)Q*Q!#bOl zAGVWhaxT+Q#&h~b#?(GSatp6Z*r6mJWkuM^3#N7x1-(?dkvGvQNY+sDDCai7R( zx{|(wplhD-8m(etQyJzXz(|_+bGO&}K7X$ZGb@IQ7Dg%+BRA*;)e-5uikW8JkGfie z<@+;oNKa1qaZ&|b@&j_z16Bvr%F9LaP+)sz@iS3<3gonlsCiHHcOPo2W2s&X zT4NZ*no>k=ADovsmKlNuN;URJ+jBm%5wV*Ky-GzBda`BWPf3B2F31hF=IQPS?rZzF z9~OZUzs3&uq~t-MK!vmV#6d{1@kWS_gal88dSMe~QDf|(2pEkL ztHI}49a;UFXn1YclYi{ zEL7Rkgm6&P3|~z8bs=?3EE|!^icPfupJQL=xy556MIyY8C7!!+>jCM+G=F!ea7CXk ztEszsw^Sl!AK4jBHW0)dv_ZN95j>oTks-UX?$+YjXOt()+h1IX3%nqTg1jVS;h#J> zvM=M7M&V)4wVJec>FE{PhjQoTdt!{njs^Hx^C`;jnLUt?7f9FG|%THfLDs#1W8!Jn|TH=uAMe@!L`@Djm#HZ7MlNJ zwaayo5VyEP@{N|Rf(!a0WDsVZs;xSq^wS(;EIkO&>=MDG!0^p^@A)eso1>NRM#>_J zUePgM)8@8boTWvLcitNL$ion**KkeayT~Q2Io=yIJy{ePjH|VL-~9y5eBK=tu&J#k z*}5|;k7@o#%c}5*5O=Le*dQbn;pfcHeT|L+n$23w3BelP>r-ZpI{`7)?~y{7Rt04V5ed~h$EOQ zDGtP%Iu5OG^ZqIUhr#*;3SgNmSA;jW+3S3>4FZ>ZAvNP|huaYaKc^o8P;c1I_mYq5 z|H69;J1`#9HEX>O7=&LCTjf_A|K|MInRF^$TqJC?3n z!Nu!dwz*UQQ!HUp_T4gXvydD95@drZJtyza$p~jw6&?T`G(!iE#coeQ^j6k#i}S%NAx{M2|2xFQh{G2ysA;6Vr}I&Crgk@57BVF06+T z&4*H0M7+Q~TgNFq1|i#F4Ki364C+zFoz0i!&N$2{Xb~P2xKNLWgKW^9g8a}81#@xT zoV48@b|s*mK*?C0bXpn7Y=nh7ONgX&P53eSJeDh zjD>ive86_+BRwDLNg%td@X`z#i=?=3%BL)s1Qy0FT}BD~S=zcitFDDlKgk8en2gYJ zqkO7PVk2guAV6|3m>uWxMtjW{-`<SdWI#`7^Ih>^8AAJ}oo?lwYj=%im9V0zFGD zgeP~9s(Vkq8(e9Cn$Ipr;cD5G{XFTxLP)yN$@*^>BnoxIfzRV|%U`UT$?ADcw(%J8@ z{-7C&rTHe5e@-Z@u~{q>x_aVm3hB!_qNTg@iVA<#2$q2yvBU!le?_+Xs^0cSMu7$i znb}(amOnB=(FkHS0Jf76S^SZW?x#KpWI}QR_PB0{uSbaC@DG&3g+IlHWILZYBaDcg zd&(R?7LTgxn#|YA)Z_hu@kd_<>V9)|GDAGM!l<8qy9h=#aU;(XhwCAGMqMT z9{XE#D_-t21O-Rw6&tj-(R}%Qs>;EJn_(ZGe7k`0*`sy}qcs)80yn`Ijud1xKnnTU z@U7$xi{_NM@ciHfZboono_~}>`$)KMeN*wlm{XA?gBSIigJ@(@wqfO$6sk~ zp>~>6v)dKNj0-?P;g8`NVJ(iBh0#_tI1tA~z;uEBq)-d^g1!Pxrs?90U7e>*PpT`6 zX^U!uR~wHcd+JHGdMy;V3U^urUt&_@;Sdh2G`ln2OxHF*CVqE8$kJoEMA?`sWr1J~PzNMuBT(e?XKj93BZ!$f`x+C-y&XaF^ z3N(Yl-r@btQaBUe%TAnryIf!+&%9}C_jS`uz5<|srq9&xoBFQdGdC<)-It~nwgP(D zHr^~mrR#zlOC~4RWiw<|guWqxv)x{#<)i*Z{SxRqq(VD#qZ63jWYUKluCd;;_?vf` zwuwUgXPEiZi_})Vhac~Yj)`8Gqtu+4IpN6$iFXeo|~yUx)(-7Tky>zlDjORCr^Z3HCuhU~jPfMvB! z@!ZK*4WbCO$XmBaaiBhrC*{o$M;kzac4YO&H)}nVlS-}qHbepe7xehBaP0eT1s*B& z@ipQZwzd-(&gx-g2Ez*byBZt1rBT#w3EVWYnnT79{$aHtN?@@ z&kL~>)!rlKSoyvc_w``vIWgveWM@R9Tls!d87{R1L7Rg)>9;yXi=D36J4EV&L-`}K z*!Jp~_w1@nLaU6Ug<7 z8qoClcMg;;r}I>FgfUecu4xluX@yo^7soalUZy(h9T?HQ405xRqE3_&8ODQ8RbtSoCcihjSu!6YU>r_s2?kSv` zX|OiYZ^)c@V|jF)j(e+|q6I)?5a#Db2-wrLKB zsBl4{%|n8GWD-l24t|G7*P~aqE+G;;Es+hyyus9I@F*oZG+Z8dH%}B@P6u#9w#1RW z?9(TsX9=8apXg9UzuOQunB{d8|2k=fKwp75rCm#_J${8ymFtL-{y-YR9&xLW;aFE>2az$HRei=r}hb>~^@yK9v_WngJMx5HRoYn#(2a{ur3T&6e_ zid-)K=bC9|8;TUAe70Ng=j*;y>C{w9lQS-VVz6g#0=2O+ExrDCK6rVyljxBRSlU8Vk0;wa(hE;i#j>yQh|<6!1A@|KbX`(-~BTn0`p?Bxpi$^ z`d%(MeL)iYNS1G1L)Xi#Y)13Sp7ZUqGuGV$_T_rT8;(mYLgnob(!R2z?Qfh+;DUnb5bc`6XBTbjm+tFZ3 zJO&HHs(sM(hBI(oJq^wG_aN-MSF|>CFad4g9qtVjs8j}HySv1rl3W|f7Wbxzdw3;y z<7Us*8${N*rAi{?-Ik?wG&;p-1KE07;2#- z9!%_$G*GQz$N)hdX%j^IJ=gp(_2Y?z?7t6}x@6{>WV{!(t_E2?X8N9R&0>E1%KnqS zUe&~V63>ISN{JSZ2Hf3<+0Iv6I zxOj8kn>Lnq2u+W^Fwm6^o3$4y{7hd^c2@XT8Li9zPyfU*Zy*@zAY) z`7!rZ&~?umR1q={Yu!x3j*Qt$!4Cz@=b)0cRIE8DRuk>adJ5WfoQlbOHM#41;<3A?Eb_L z8!FB7Xf=!BP+8H9KO}oT8*wcxy{}s66op+WJ~|MC3x>soBrAw(_{4k2v!c(%A+pJ_ zyMs5}koh11$(6BQHu1EXi(4t&2oF>|=ntv2>HSE>rxj6Uj?^IJ$_{tkNkVg`gh)=; z;2|ZVt&sf|?celsYqc{CrrwkFX%v%4QZ}MCC+0Feq;o5BzyFLbQ{Oda!hBtZH!P$$ z{KZ~+QhW*75JWaP6umZYjm;JByL8;~N!)zkJ3CEtVUK@K{h3pxyDpUvEaDbQcHDf; zuaZ2aPLL%oBucM8E&Xg0#EAg^y1!?-Q|S+B>EwqAWNt4LOe8cb;F1c0wKIYt)!Wsn7-h1Yx`hAWPRN_?ZxJ`gOOP}BsFFVM3m(5j&RkC>})&BTPF5C9_8DJ>{;-px}x4E?WI+_JVqYlrhdl1$}TZ9i}&^= z4Mn>NG88++(UV+{!55Bq233bYA*} z2~)AM1-nf;fC_)SuR!ke_ONlfp1O!NVm0mS{+7I(3rzgEfeQ@dNrevlfi`lC%llE- z9}^XsFC{l|0`MF&E6c+IDeP%Ti0yC?X1?xPYNb;(#a>u!fZK=1ZAc*~f%LFq{=8Y! zs&0uGuQ9#JQG5cQgFGzkh+k_<>fF>5{KARo(A!O{Zw;5q^TaueGqw;4L>m^6@&0=_ z2>yG&g`pqSpOvFuc!++CG|ZpCnOMDXsWUl#9ow$13wN*)J)75JVpEGvs7W_-wo>|m zF-YC`WVyWA{cx>&9(_Y@Xq?eV{ve{%O?q~QrHk6#k%eAti0xOgfSilC(C){R%byjA z&D)h!XGvMUcVdPL4TNJg-+Ccco$Xzc$-MK?Y-SVh!W`Wbb)_3XP)#Xy7y>GJklx2YM6>)J#8Y(%n>>$`Lj zwYXZ*(RBUxQXP_PxHbs)hf~?tJ45za2!h9RRcAMUG+UU@5f%wf|~;FTBYwR?uxweaGNqTup0i3q^8@52YB+xL?!nFey_8n zL;3zrsF+Q*bGczT&3V$8AQ+eQf7$x|fJI)f6K>}#)dH%1U0n+M6^mx9K&<*A4r_zj zSDTs=>A}Jc*BfX&eS#>}0Mq)i3Jshz@^>Iz>p3o{PK)C+gpv;h7oWx|i~k-%>f`4` zHZN-u@?4EXQ%p?iL|Iv=#&656;E!(x?C%ePh=rXSsAkb@-+0+o^S@rZDu2DBwk%%> zSLE}jDCnG3U($Nwb(=>TPug0eOd}G688&DzN+sP7)SxDn?4njlpZqvIFfl?(<|mJ4 z3Y~5SS5%#GkxP@HL`?NRJYwZ$s?Gjw`+6kW$epgry5R8cCR8 z&FUnn`|N=MZk_76q*onjM+3vy8I5STvpA2}P|5|tK!qnvff}Q<_c>%^++_TjlHYSx zQ#RP)T7MQc^f&(|eKy{vkCBLHFv4Es_O!V_)&rN0uNy1p^!Na#a1cGwCO`WZC0KWO zqOD~a$IAVC?&X6LHez8we~XgX@BKE#Rmn(Qqe+TQGdEHU;&&5xI(%-jxWS1|#BI-y zaAIOMGU-Y_oRr^r$FbDCPiY&W;&Qglitsx_D4OtOb9w!yriFD1a6H|;-=b`Sgrz)t zc~RetirUXwu(-}VX|4ibo&8zTbyjWkUJ`(zi9)-t+;^BPwRk(}rDQ%jpWba|FYj4O z7u5ECuWYF#Kyc=rh;gwIb#oTcx}xOD9}P2pwqpSMZf7B{3VqeA!*q>x>=fPnRF^Am zn}*1gFvgh4Ja;W-viOOMB~7@*&k|UIhtIA@a;%M$0*C?`#(o>9jL6b1W>f1h#BMB# zaYM)pt<#=dyF9)s$0DdFkqgHZ0{Giv4KSJ=QKbbNnWJzGsS@+~QgIy86BgYoUZZLy za;!!W6Nu?@Gmg9r^Ky!Wixv%O{j!xl(8rM+t?8ZR=wu0RlEf(B_o&@RM+oS`Xll~{ z!>n`*8j=&xz+c%+{rgn3p{-{3qyuV6G(=sO;PUDom_0MK(b`#{rHDm0Lp5OGE&NX)~?$_X=2$BzU9U&vxW! zpmu6(e12PDA)u4#EX#csNvRGOM8k1Ynz6+;O2B_>|7Q7qWLK7e1@8MV?rj8!q(>|% zWNIXgQD3{c-=~QM`s1=q!>%YgK7wpLh6k&O)8Kl*0X5U;g=2uY6KQd+LDHYob^2c@ zJC?4viFL*a%=>=*u;=I=!~)ys3j!}-Fjc%ceW(D1#P*IQEoGyR!Sc#s31&Gv6^k4n zDel~i%iy$0H6sd5VYpMmS&*^pmv_o8CSm=QZ&+42#^-eNU!$o|!9z8kE#Ina5bX?HeM_hW`D zWeEg4i|)VHlHerNr;uR?{C~&l?GB(X!}NApJ6q2c?H4FQU6rX;rncF#_V|BjpPhV7 zycq{QD-EZYoxqS@&LCz<-pSt)`=l8k1+13tj|V|#Yyi?)oy_GvI|Z?SJcAa%6j6y& zX~Cs0_2Bh*op7$2ElsJH`_ZoMHdQh9_q7&Pl{_}4%G0}3_#}g(cvQGrJqJPa^>f&K z$p>1XI3cua`A>)7l33|K=3?#Knoml-z#+)?MJtnaj!{CY1)K4lFm=JBK!vt<@yY7k z1&siPThVrr_~QF0EW-A-Mg=#X;d%ym_2m%eddVF~vUkuvm)S8sF4ikuT>g9^w-QZX z{AG<=&>9ZyCbDbG?e)%n>(s^6{B+9NBPuX2n9xikdRM^W7$vbli#)hi+tKlDf6wf`Uq()(%!eRy51 zj6O(y)k`9WhW7%mGBW+Mkc@5r;d<{XIm`*a0JwE-F!`)z4)GEu4}=kwRpnmwGTW7s9TAh5|>u5@_r{zq)p-3QmJH>jfr zo{M$>AzKa9J=gBL!tBqR=^#`UEc zz#rqOm#m|>C(pKQQfq8v z1YAH%tVN+M@uOCMmhg-dFxSGC_Y=U2WUSFs^o3YXL>!YW{V<3`uVEE?pPC9;i8Nc@ zTOkrjsR11?BUpBIGzscoH3UKPUf@(Q#$oyPd>MS3 z`sv4o<#BL6{N) z234QGGH)>@JKyqsWE$M@*Tc7-9{9^M6a8>igcQNF9zGCGKaZTEFUSK@Xz8R}_}@E5 zh(yBi6vm$QRYTCrD$<64?e@8NQ@)0h>tprAxMp;Im?}o4Ai9hB+tnS-4E6>QDbh%Z zoyA?W!pLc+pdcdQYtmKuu|VPD@*bj1{F13k~ZU zHWmm_aPCQWO<})X%07%B7t@z@lKxvMUMa@9zhd1pMQXoV*Vwo}UR?(67$XE0#$Xtb zP*-xMtg?qQnj@MUIy+Q%z#38gfxs7beb~J>@;mvT_jJW|u=#GFOW2f0161H1(|+)j zCuIr{vm}DyEb#p86%9Ed?1r6AUdP~3m4vT+REQgRQ`4u3dfYU$aita1DAJvK%N)Zp?olk@mMr=Ds#=x1F@2r3hiWT;2rEUl`oYVR2r&qRS> zrnIwPSu&Xfq~Ik!4}TV!)QabuuyS;FOTf?bHiN>miaxe)jloXcQk|$jO^<<8|9y)9 zyd+7Y9|ItXY3uQ z?CaqsW^NyA`9V_o3M0*tx|k+ES@|02?wdM!(TJYh2y~M=rv_K$u8c$IjP3Zc!*!BZ#`g7G4Z86v#jI2A`l(VyA4yL zcU!KsaR$z)m_~MH`Zh!xzj}Q8)(0O88$@c5QibrD{+590#EPM7-MoFGa9eS1Qso!{ zaZd!QF%`4d*M%LdChMDC`f$mkXLronwL@a7CvjTd3(}#kV~2?smu4tm$&6QBH!N4@ z{<^Q@!y9MRQ?Ta6DU=UA2Vt1e89h2mJ$=fLSt^mE#7pv@Oh+`Ix3&sBAaY}O2s6El zJ7sdKLi!&9-bTO6BcYXXMQ2Oj?$9u=#aZ!0kJ0Li{B9u~`aL>EDXl{2m(qO&8M zw+eiXO~cw72>O==ro}S3>H=}e3(K1fY^H#MO(5d2#e7`9@7q}mOKka9_vdt%{MOu) zs+V#@h*^NWj-7^4aFYl3#UBk9Ux5tC&dF30W*ZND?8rq*3o8T?yC5L)?DZn3k#T;3 zV_D@ACkjCsY%%E>K86ylgHEsaM&gY5Xbb?CcdRYB@Eq^$%|W$`uO2&-#4^`-RxEhI zTNeq1Jxt;ped{c?$V|m^3^Wyt1CHrYxHQh802AxbJ*VgC=_V4cW#)N;6`5l_$Z+0J z1bO@D!>tl(!mukRLiYOVt3q}oZf+oTNTYY1wj;1SmM$#SS$YH{mNZeWDVX((En+LY zE-wXst-t$__G$g`^0iQWj*KY5ZPezZ#VCnNJWl7Ux*$?&-_fe=%lGwH(4`p!z11qT zJ4h{C`D?ouz8yMmVE*x)uJ*X7+3PZQr^yiLk8bk-3bk_g8z86sUAj=VeyP_BZ)uzb z$4MIAcbU2E13h4}o^V_5ZCzy3)L-oRY05;pq+gaFREV3OIQ5QF$&LMU4)?un{iPWi zH7iQIV=K?9j`Ns~Yrv@8GXfH$DE_O_tIdY;28(m68J_ySw|PlG59OevDx4+bKH-^BfneB8Q4=8|VD1ACHD&j>F zKjoSK%DKX*J+>r-jpx3Cbz;gWuZFC+S#j^yrBNe!Z?M4FAs?1N1>Lt(yuPB#ilo z8(b%9=q_zb6Pg>~mv#^fB?l^o@~$mqf-Nd(D6bV+fx(%{RLBmW4N{MOOs{<{@8xoQ7Gwb-=#dCbj$9Pjm%g= zl|qrNP57h-2lo}mY96-et)N7y3L+it!dDBP`pTDRo0q$*Dv60h5DyIhea|PBWa;(> zk$$&H%%o_8M4lyAKDIIw_l&8_WIs_C5u=M5w91+mgzx)~uHgzim=Ng4iOD6Q{oj9H zCX2VMaudM~G5-lNd5%bIIZ^mO0SyK6`d>W>#8>HobjQjz?AD>fRTvheT645YVqh=8 zZG1QX?KZfr^^V_r@d|j@WK+XxxQu0PWxVF+>sf0Eo)s^lOH&L8e5@QT3^zTz@5cMryiM#%~Tp` zqq%aU2m+#^ow|QQ6RngBBoOk!qd7EN!u7?2jh>y%5St#fxN29~>3jvEa)UZ~P~a!0 zG$~mNpx!Fd(+uo0+qFgJ03oXu*$~0~&sCu*f)6pl=m?xsTG%=|-J>_iYgN>SrQB+e4|fb8hlc^)P$J;EOIkZO2DU%$_Qx$Q7{2JU!h;;r;PeEZZ!*Wt-(~Jy%fK zPF?#VU3x!kIaVM?_0IWghy{|C_6@8PzAnZvvTUgpDG<*9lzy7qloV#+OqlwXPn3*L z2E5ceCJr6t0d+ASR^}31EQngmETF)chJbfPsS7YwTCmj_qlr7GUw+HL^D4f5Mvj6G zqx?b}C8q$pe@p&s*=25b7^v5!Fnpp!R6a-+Y(7qNP9M4^*G@|@KuHFz*;IaPOSpc+ zx#gA@Nq|pmD3G7rzTQN$ygkeFtp>+o_Hurz8eyZ>WdYHnB8kuBm~GuDZfol^5na&r z`cG?uV0+Kry4&{R4Xt0`owYKx-2molrANnD_qt1DWf>=xoU{}aW&H?2?e(!i&z>aag7MN zqiL2ZK|naVQ4)|OIAuT+Sj>^vgjsZ)i%)dU7ADW&h89~f^tTW6%e0U?49J+y%8574 z?_znIMi$EZXzmy)!y!^FK9}>76u;dH*)p?6syA+U`gE62$ltqFN?G`+m+@sKmL8l* zBy`f(;{6mQu7{W9%oe!TI|B?4UO)zJpG{U9Yuw#`fNl$&uV+EY@{@(`UT-xOCcA;G z4OxSZfN$8ONR6+pjn@T^7fEg(MTPy1#l#=VL5&hlg7zsV!8;EEv~+CxmVo}wA&5^K zDVx>{#2CFbJ9uSp+dMrW^)ChxIx}jRXa?r8uFBcRV$SANM3m6Qnr|wMjKtSMxPOK* zvg0l8uTnH?0I!Y$;{RIb_Xj{dIFYfSVbmA$PT-5!JKvtCxlMm~r4GnZrEyQ?Je6e_ zwJdL=wi5E;N9@Y>nbCS$Qi{UN{;cru!eCNjN@A=ZQ~^y{(a^-m0DxhhaVS0!iaP_V zQ)6>00;4nC32<3f7GSaz4nT~opC3UCL&?9sC#Wo`q$32{e=z-VPtZRzrXZrErUY4F zW_NUVW^o;;|LF9TZ2$CH>g;$@{7pWgv4XOHWDv!`%+eSNAys`oIT;yTA$+O=Xjt|} zCI`kA0IF7uEp-$CQ`%UW+gw@7Kcfe^|CArDe|>j$_)$MQ`{Gx&e|Bbh;soEwOzyQ6 zKvNM_kntZUs((2{Pb5SC{459o@q>IvP89PRzlE|fdYYfBIIzP9{?zEbA5GC;!!P;O z@dJJoTxbHKfsy4k5CaoyTXRssUz**2h?G}=*1up`9o*ln&#?F>{%-)3KMM&+21eE| z@Ea>*Vsi^?sQmwMFs=@+jIKcAn_1~x8-TwhJzYsB{0VL8NkW9zY9zA6UTl)e{$3qTEFIjzf&iD z$e;$_e!bNNQAs7>0$BmK`ox3xb!UC4w|~NrkQ-heOH7OmfENEDG6ABeX`%t($mI6^ zMAz0=CMK3=PxcD`mZtoE{NR%+D#9ulr$;M$7~R8FJ*_oD@+=m-NjYA=s{^QBsEF@3 zW$t3w8c*s&B7P50Uwfe30=RK@b@CDKc28=LeV`KzyD7IHmR(>BgKw!`tsxytI`nT| zyNnLBg@bol)3H)(8gSNSk8`9?PsQSaR#>FncK_8R8)MQpau`Po{yPKUSd<(5TrA4r zD52w&N?m2oz5sNEUF;S;zq2O(UHgHJzYpB!ZO2xk@rl|)4S)+f&;kXI3(XlPUpa4U zpC+t>tc}?;*{5V-U`azYrNxteSDn}-$5qwwLr5`+cd8X5U#4H#wm}d#;Af-~Ie(FO z=`ftGV+AzARD}x>y$CgjZN1uffsgTXn{ikKBXdbC;TonHM~APv&~z{gg)ZEzaCwm2 zlAV*#?dM!?MBnXe-;GA|ULb06w3^-m!aB3Hoe43o;-2gd4^frd#zBd1dV>2A>?rC` zYXt8W4&|blcs9d^*bxy`2J1F0Y?ME3B_MmlCfeFOhYr8X!!2;_)YD%6(2}8Ot;HA zDzV{T?+HUz>ZRbgw@N5b9ULRB6svg=6_eV4E1-K*$y2Xq%d4#Rl~3)7H8QGxe|A!H za2-ydYLAKV=W(b08n@#+Hz^GGsZ6)pFBuOl8*yudV0Xcbl?_Fm3^t>j*ykAo&xDdv z3r1>hTsqX4(cZIJzs!}BVKvQxR~O1BK!3;WmhLd)B}gvg@%D1%;IL%_mp!OaP7cH< zxYLC?`O%XBQmC-2}5oI@uXblAMh+|+mAL16VeQJn~~ z|D3G(ou^%$#iTGbME!90*#EVn@#hE#Yg*;=Yb3B}6D=jO2o=U{ODVEEM&J_$H)@P7 zqg({{Nax=Z+MMnjD1rMisBgU3m-gNlp`>0C557}1uj^k!f_WA_vggL5Cag-Ev|N^* zP!m$uIGddH`75zU5wAnHvG=-&6b_VG<~?}#vY7`IgF?L1-GUug!ojNLSkWhEG~IAc ziQ<+--@jmA325RA?eVbU%adjkdt1ce+m|CUr7I!4%6>W2I`+N!%|pPx_ie1|CRzyCMW1K4{Yr@4PH&fnt@-R9TE~L2toGs@R4!1aQO!*nz$pQI_2_!O9gN-pPS8M{K*q->d#-q$n#$t;Gq>);21#$&^$8v=9Z1& zbfmMwT>v))BsT|At@sTex>#Nu5wuNgC-+~NG0x1TS;YI)iulBQ$#H1*3|{B@l<~ee zL*&*x+(lZPYS$_>9vrd;COya8<+THfXjc_ek6y^WFyv!xUaz}1zF}(-$AdFJsq9>? zlgaoBhS8ud7t0`GgV_AslmCgxLP1fnzp6(xI6zi<(x1U*DvYlNS$0ZRQ!h}3-?lI1 z8e6-moNIn6i+kDwy4dQ2m-}W>*1`aMPglP4`pTTymZE?{|H5A54El1gwG+=}Vol3P zUg3q)g>RwtXSi5f(V)_9Ro2&uUZ;`s@_@qGV;R41f7ggr2!dxFjWMi|K2D1Y-)PcC z%lbxikKiyHU$!3od9+jxBgOEngwtItuuJ=L7A#-%P?KICnM?3ftg`y7CTal1TVC3t zjapkfJtq#M+NtQqRt~KQ#GP>aJM?Eq zdU`6cAITc8)!?`jl*LnRy#&Z4E<=>^LCU7}`9EAwbiZr$79nGOUHWQk&7iTa-ulA}bLm>pZB9`TKejqvZp_VccSM|BH=bJ9&;GB$6tCW6S??)*t5}6L(>dixyaJZnRhG>uji-eXWP8PqkI6uh!TO3K@TE;`>kVz$t&M77YT77jU z>%{VzE3!0muUzsKYOvaWoW~x|f8W>AT43DkkC+=upOoMd_lqQdZ>(zVxbtPd7NiMc zuw3IA;h8@yy?zA*c^Z4^B5mnvlBYa~7lPZXavj?;)CRLV!jfy4nbz_NOVM^{n3m+oQo}N7-rfh!`F^gO%XKL@r6LE0w=KMM-?K3=}3L2kz90Z z?j#WiqtcQc1~o|N)ifJEPp#l`5&sx|ej(-vASwjbV{`}&olWml!*A;5lY(*aPgits zmcY7thyv>c<09Hknl=Stqd!OV^8q2feT5dm9eAX!2^vZ!-?oo23EwD)5X+K^*I4wh z$*uI4F7E{Q%?Mwy;6l&|n7q1MsC#bY=v7i>b~9JYKHFOnjMnyA_cYrdJ$6xbmWaAM zO<`_q&Mgn51uHZ9$)~LE>N_Pf^Y1aoszMY6dQZJN2sG{WZxE{llc}Lqe)>L~k?UFR z0P-_PK3t9Ri-h6Bn`s=54F6k1`pTthH<9McXeei5%z<$$*$UU&kEpXQNQtbG{7?CI zR*wad2tS~4Vj)gOLivC$Nr4*YfCO3)X~#ELG4(%J5VV~~wBbe2j|p&S@UJJHShkl= z-I1>7*pH<{^U45TX?n!b`ucd|4a5|hxl=b=e`K@MhpG#QC~*3hz*}Z)^)LUbFtKhM zjJg@~Q9u1wZ_F#_EDFo;SAAxhd;E5rta_!VwK`Run-%PWuGLm~vN2ttk81U~nXJ!I z!oLIe2vpwThLW6>R%Jv~NKl4%KyNRnezaJmeFl!tSxGIhu&KOW#h9NIE2kau)VTgF zlqz3_3|7Kk9NaKU)4p27c+r;H!lxdMG=HvyJa3FuSCA0bgtbN=hpV<;)1X!SPW4djeJr&rPYr>?3+2 zWdMdc`N7ozmhzox$LG05khUZCR)`c#&2U&BCB5)u`T-l(_eIFkQcdl_pRR^sraxEM}(s|ya#k4ZHS8*Z}JC}S{Uk*GgOblrja9|QEm?u`+S4KS|r zdTO+{KuV=F$8}Y%4z+i=YbsNqNEm9fH2=@F&pQ0Bg#omGDx(UCI<~3akmp9 zW|@j{Fb!M-RHmbBgoL`@c0#t%v#p28r0_Yh-=XLJw4!&U23QWcYS&wE?Iso$jB6DX z^-Wd}kqWWWloxQ-_*_Q;_evt67ci75EZp*d#buhW@%pOi+h?qaYJfklN*hi!!aTj2 zBzwnt2^GJQAqKUXL`OkzOa>Rc=uf>TZX3X0EpdRvnKy#yVEPo$L9-Io=$8ItcGa?l zwp=KV{T#Dv+|1D^RbKQyQzYZhMNUs!9s`j3#HcgPX z8+2-!85gomX40QIYFlK z8vKl)UMQQRZs9-YwQQ7~?#t@ViV}L}ZoIXEa9_M82U~W$tgflY1bU6kZdK90V3g9| zUZ(qg*qF8^V|x!MW`51@q3^_2c=FT4sk7xd0N_wqk4!!=7rG0OiElZ`FB49mTc12j z;SxZW!{2SdWYZ_#0z}c4)bJHv^$H=hbuKQmQ&Y<+x31zsqBnTyH8$VK#)F-%d5$ic zoW540@|ot1Vx`4Ngh<^~hiY{_(~P-qDK2M|u9*xDhs>g9I8$U?upt_94xxf$dYzKI z&z&Dj3zH@s8ylox;3olmEt_7~4rKpt_RF3zf(WaAjGRUI|7 z7lhE?;*uBaiq7W)1gU1EatA9UzzLv%8|8RLVQLM~x1X74|1NIqYr%J7C}3u~gcX=M zk)NwMPMJ;>)@Eu!cdT%cE+;!eoPdApY0 z01}atj`G&2Z7Gx~9I~LzcXkAop|aD--9|%6`2Z(`6}YxHMA@4=izL5EK%t;)f8$QD$pqQC*+Y~u*K36`wH z%+lpcILLJZ!F@fB^Z_c;&(ttF>o|M3P^ESY>`q%W-bPlLiDh$3f<W@qCor4HsL1fE6~s~cuMuZ}O~ZFO#O>NYCT>d=kxGk(|< z{2d>gwa+~!@#&EKppja7R0dUAe>FpFw}mqUpX1fR<^?QPPD;{Q1InhH!r~pkhR4jg zPremN?z(dWoJhIb{>spXx6B%1)Lm55efGt4@4~9;xh14m|0O|Pgi~BfctVSGU1-+X zkJf!Ud~|btOSsGD8UywUrlIW{XjTcH+jH|~*L2oj^_XHqHTd%Fctmc(Wv^@3JO%Ry z1?^QNefOwNa^5km7cgaJBYQ)D@gd#ShNqEO$PQ$%%WcfFC)oAwr*bsHT+4EpgM>j9w+Yy1B(ajLGU;|lFN zBJXFLhHTaQ9u!eYL1F~{c!w-dp+beW!R)dYPjipVN5AfbPgFeD)jBJYTVYIM#*H0q zMt|JO=%uvR|0(Y!(ux&InQeL zb|#F2mXVP?Vco3Q%J~aB6HH6Zb|m8_DEc|AannP9^K=39FFe!D!(V5~%$8T-r)nvE z9PANF7m%d2Wnq&HDls%I|7S-YH))9up#N4e5I4MOZP9JQXTI3j1F4Nsd~O@C=`|lB zBbukbNP01i+x>EdyMQ`MJG-h>D>TaV>gD@~A~;B1cyYQ{)!U3Y#4mrDu)r||Jvr=2 zWk-MRSr^2BcOyRC4br4r0E@Gb9-{BmX=ug0GHHIc2B&l$ zQlv^>g$bbT+>fhaEKCr z^rC&?iy=Iig(Umj3s*(xAh&UQ;FV<a}P4Iflu*C*iOPhbk@ z1Tu(E9}6>bKxrGH-4v2jpI(dZDX2BC99cHm!AGS@2Ot~&i?Q_=(=m=2T4bAQ?J2_d@)O5PyqYs)8ZGHfD{!$P%2CD)oOPyu z$MP455YvWiE4mN?y}`|n^^Y-HN$)nXI-ULlu0=&(lN`$>KCQ>Gim>28fa$rx1RUv? zfpEO@XTC)p1$P6-i)_RY-SZ4Y6>q+-`3;TfPqH#R&SIH)t@g|IRacX5idLS8;EyTy z>MA&<-&}mWs4-AZ?+yydk=u%*9v(gG^jp?5{scbJ2uC`7B=YJAP!kU4!}f(}E&7#O zBolvVVBE}-Q#0gDHlsPm=e$5gp%fcrGb$}wn%&Zg_wKjb7fI8Hibo-KA-&$dqJbCY zlLdkwlvJlkMi=luL|J1keN#lJg_oGfmcwkoS~eowh4oi&Iifj!(ATCl@#Srh``eTC zX|2R4qN10vj|CzsYy6nR$64aOP96oAEp>_mLAEg6RUptW@K`N!#$thj1|bbDfZJg~ z!}8rM0>3D~6i)MygcVAEYk(Ua`Z7*uqP+%qF2#EgCwN0-b8;(+Q!s6*e8Z;^CaZ3b zS_rf1qsL-s!o<+yx3Qk_>%{u-<2Ri&!j*!?bK`!icEvwm<9s{pPG?F@5=8;+1T)?q z)1({_ercR_`cVVGbju+8=vsYdHlQ}Mhro~8Q8V$!bObaCmM2K@dcF)L>#X}&e4u*C{F z95ol$jNBK=E8ro@U43CO*mB*kY-mkJjq>Le!!QF#u9HKYN#AsHhn zYsm!;2x8|Ft7BKC9cyStki!9434Rc*G#QDt*yj*m#bE*C-}g?iV?s;pSJ&Z%f=tUh zYm()~N>@y$ivt)83cCMn?9%}uUSS_}id9zG6&_oFiwEpaS|&UL?-wHGi4si!BjS_R zAz&mJc-SmZBlEGY;*~uB71G7Z0lNUbp&V8R#(QBB3X-ZJUqM;aT#5Y=P3L-SA1FTVFvPTzn>RYnK0z;Da z>6LgQ3GfPV%ECw$=Ba2`2&+SRI~mA6U8weBb50jkmev<3(_|MB-K z&Q~S$k{o-}t6i+z@N1QAM8xSmq8FNTDZ^nz9Hn-B2I29$jFf6=K#H ze5jG|ICiD;c-SL3-WR4C;FmR8oii2&XFp`!8W=KatZBb@Wv;!z^s*U|-+J-Xo!9<7 z>N=oz_jtN#h67st0-3i;xzMxQF3D`74m5z{-Txp%I zgzbkERtVz2SQ9qsuCElR@jv6y&^iX8_H)QECV>m`$ys{pMzNDw%28KYOEnN5Wxh1> zGR7OPF0wh=FMn8_xPelnzFSdDhSZy!l&fL(7pYD#44ER$#QF$zp?XMUy;kOB9Tmy1 z@(D+>=6;jwB;S7;8`PQe&+}e-;3)CPAy~o9g|hXU$A@<5A>~IbM)B|~eJC#8Nenyx z;4w{xc4C0)J#4d$6FQPtk;v5*U{g8={vrVeyf>{Hw@uek`66U0wPo6+0ns@}x?I`H zLpjz~Bba;X3i-dp@W*y;ed=JXKF2!$jfH0TIHa8Fux+!!M{;StVzReB{EAQs7p~+V zFbN-ghW#r~5C5-1wC6?gr>Ffbm@Xi*ao29p0xsreNv8L^36th)072?0wp=A?#&@_k zcI?t?iyMHHd-i%El&$@dLy)98=HnP-(TMF3rp)EaXF5Rsbjy-MYznE9;7!uX%Wqdx z_P?dTyzJWvM2TFgST_oE~8Ku|;51csRJD6td{0XQMiG z_>c*PtRFMZC3%C3=2aM2}EG zC~k{1rs?GE`rYBGbgEuQz^Osb=k-4*vLPutb=5d{KS@i^MWy?r#<9gi%!)R3{34-=Sn z%LF3zE)0BNZ&I@kiTs$EzJ`HYXymCsG`&tR$=u6^JYe41OtUCu z>9xfL4}}Xn_K06Z>%NQz;Cf|w;*4T4momF#Q`j_KLJC|r7FFiQ;F>2VIbCgyMB-!4 zx*HT%OUlF97BY_i*3fW<70R$!1i#+BEu{0{;}C_17e3FOEq97LI$gaYQ|`eXK8Jf) zClesOPM+DZeRIBA`8%#wPheeiUmB;yMN#8N_vOXME7M*^?w=qu66I7*Cc0U61{2Q4 zRl2xInY5F-)2wxkD3JX)r7knymv-X@krjQy&!IxW5>8y7jxAv}sBptrB{FNYBJsGg zCvD|%T^{*6$`1S-MrKpIDa+8bSY7i;Q5xR&$0#NNW``}?tz8Oy7Zr4EKvcrXSh;<* z7sAoDsk~OLe>b)~^u??T${?vha;h@_6$V20slH*Ir=$N1Gev;6nxh&wtnz;#t%|F_ zOcv`>i=8jld$q`>MC^`Q{+_l!bZZ{+h|QCxLtMpNcrFFJPsZaNODCn7Fki)nszxt6 z58NR91h*8lqI#(N!YwYPF5M7$*E)^3(Qp!PK~89+{Cg5swwSuxn=7>q?Q!tlu8&07MJhbXw4xp zmWmoeZ5XgQrkO!K+y3xCEqZ=&(JX^At3Ht!p{GmvY&sRh#y16FxVI9qMsxGQSe?iF z;2oN?oWNcVEJ*9Dj>czY?$qCOc90#Nc`9>TS8sg;dbY_6_02V=3~?pf@zWuP>1~8g zw&6^r;cGQ(SJ?uN0f-UIB_bwH+z2>yU2!rKtpkv6Z-j99sGbnx5V7pCpdL`V zu?thF1=NmjcgQiT|EDA%%~xb{e)$W6)~3yT>_I7^^;eRs8099`C=a}h^5%Q1RDIuI z`k3mo4$Vpr}{+);6O*8Ez=g)8%0iIj)Fc;&p06rJ<@OGKSQ3i|0U7BeQeB;Qe`Q8n z$Oppo+@JcZtr-?tYnj)H(+97u17KBbr7jhXUZa&Heh+4F*Jn3V9iD-moJxix$XM6M zl&yfvSR*AO`Zd(}UWdpYb<&_)fOjhnHs1VEivN-hp>qhoapN24!M}_t(ENr>ibl&4 znyU&e0#cdnOF`|a!0(-mDrzQ6+K70_JI1wZ{dZC3j-2QWv>YtmnUiaT^bWY=ck+-O=uiOS_u#QA>+QiL2n#6?*;)1!oW`?d76(Af_l6(9jnDB3o z8pUT{gNcMnwo84qgUt>0d&(V7*VcN3ynXBGV$>73XCuSd9V3Dfl%oC_aUtN6A_p}j z@FYuLOi^VDvXVM_IY^d^XB!Mhx4*f<(rv@HE&Y7t#+3VTTkTjm^vR9d38wYVVvZg{ z3?ayd++Ec}kc*P*rm=zO51BPrfQ7S84yZMu4h0KC3}@65(vW!cLTx?UX4h>$l0^7t z?Pg<1_(RY`cK0at^elh}@WgSDvE8i~E&%>`tSDRT=VS_=A!{Gz=2Ct5S!A=i2j-Y` z<#|{l{LVboMrDsEtO7+P2K3N`$&eo$(&L@2SNwltTziGEXF-CCxzq6MFbM9<|7wTs zP2&XJD@B61V)942HIJ^s_OY6&ENs(R>Iiyy;NCT;(Z@LI>qmJIwl}2j$bY$-6z19N zBTpoKOeezK=(%>qXu~>@$)?=fsE|qCIsbVJa$P%OQ3cXUs289zTRdfAh;Nl9URZu_ z!iydI-)B}oc}5Ob1Y+}P+D0cTS!(KlBlt-5CA!k{mm_FVXz@T=S8uHd? z4p*M~pO1MTkvq)6` zEKzv``j07MNg>aBNbi2}kcW7;8npZ8a5wiGBDJyp$iu$-=^1z_Ka>Ed!0HEpU7CJX z+|UBT0&Z7T|6uj%{^CyV|i9vCZXCVOp5OvAkABg${D~^s7x|s<056P#`|7S?ZtRZ+RE(&}R-`HaI zU1GdV+Cv%KDJ9y<1mraFTV5Ht;b-@zr+yqe>FG_GM~C+y>EYe1J>y?BYocbH5xkof z97==-tj2+h_}%NTJD0giMyW;&7U5f0HsMNhBx7AP-@R%JNeB|Uq@^kJ#2dCkMe68znuh*T^{;4=&KBe9&r3UY>a2m2+3C+2Hc>?vCF$q{5d}OIWSt15&ppuyd97y zrJ#)BE->gbx{q6Jhcg+Fl@E4p3OzFbFda}ljpR?|*1BLi1mIIT>ehr;sgDf>kuybWh3pb_-O4t!m^-hqd&_W=9`Pnk0;5scG@;|CaU_i@Zt6;%;S@A;XX0?Jb| z5Wx8swclD`nyfP*Vkc#bFSk9}oF^0C?qN59=1mjlzq=M7sLD2PiUR$PgIY3?74KK> zoDJT0E?LR2b*HfWJSAcgN$rVwEltd`g91fmf@cmQpn6;-`;W{54S+}t-8tS8@puzF z9*N+KHK_T~vG33K3*pMMvK~U5fUkXE){1YB8CJWOLs&a2c5s=Cs*1b1QR*3ZYs4l& z;J(E1oQ1|{P;dVaPSNHOK+6~;{vVc(-j&#|xo+gh_s4`>vAa+!q1!|*F4l$-3*Ci# zSzOj^B^|4&iVl($8gx|rf_zVUi`$ROPLjGVGI9a

    hgx*izn^m)uYbY@y`V<~?-Xs%9e{eB= zxyJ!JI>m8~U1ief4T-`12tL}(<4HHYL)F#zahf2h(&*7r3S5tqQ0K1c&Y1*x0g#S) zHH7;muU;|OHC8p{D+N*0NG*f64AQp^D{>CltP7AIP0Lvwim5sHXV$115%#GLXFqrR zmh;Tn?{lc(z68B@+XCfP`wsAxE5BHw>mv(sa3*TIk&xA!%MPM)o~=c`0#pqfs5oU7 zbR$DiEg2nL;P4!I)i_=1(=48vN;*8P2wE#S*ZT9NT#SsT{KkA|lokOyogg(?&aZAv zsl++xr;eqiMvc7Q1bI7 z!>>Ul=#BPvhVEFgX;=!2bEo!;KJ=TwnqYg?Bvs0_Wr>fYq{)FIbVb8)5|Dlnf5o%T zal7JEF*0%9fv8CU=jTkiI^Xa;EKrH;DF-+^_HB(5!l;rR_2$ z4qV(dw&pdE6?O?k4f@OkTV3^E~s# zk;YrF?En)gq>qnAJYIj6k-2!7NMOpaDHv;hRHO6|oR|BQ(N)bT*C>D{afpjUh>l)5 zR@Rs`K#i_r5~5I=+h0v{%AqwV#BGNI>QQcnkh%8z5ht z9QSX&A*{8le|mMI=EOcaPe9MIH0O1;h_co?@Lt zw*c6N<S8RoeX99d|zi z?^K~y9nGKheJRU65Y>5>G?4|Y?>$#9&ef#6Sn))I75{xVzpQMSyDJ`5k>8?qM7MTF zI|u1U%*6GPH9?-Q-_rY6`AdVL?Pc+)zMy);N+!P677efq0`b^v#aZC?vvaz-jG|G7#fd;ae5~X?3=M7jWXs-x6FxhH=CIn)S zO~Q0@adiR_MzYV5s2~ZH<~aMp-IJ#P!>q7x6p4z6t!@J`dF+dJQflYBn>2y|jEz0G zIBwZ1AfP3)qI!g2qd}YLl6MUnsob2RylauS%ryvdOou6H+TrSNPIdw-J6rXV$L&j@ zWfD=%>?Ut~4NZZKiheCf5r-ZM;eME?%N?LPJQm!Gvg z!0C=Z-q2rQbae}z-AwD#DV8#=)DL?dC7qPMR+hL3Qh4zxD2W=R25We7b-lCbNq_N@ zcfJqNaC-Kx5&@A#}Q`M*)AySK>5tGA!<1c6e`q=z&a>8=6+;AJ(EG2 z@_kb=aItuR#ya{P7v3wKIC4(9{U}wI^Zay?fN7UdNPE4+#0enC+R74ZvSlka(sh9y zF)PnWLMFNYTvZH0i2@RJ#yHgsYYb+Wrkqroi4#sgUtc`gwLv~P+WV=E5yl3Cb$-)T zJ_;sx{-=Nh%WYmebeQXzD?4whR+qY)WN-`b{~kS8!7xrV1|l@l{zLH|AerLNLg@4P z?QeAr(3!#y#~H8co6dEIu0Zt`~ew^blLZ4!z&<9a!#-OT4t4&BAVO7R6tlVPDXR zYU&WK3te**o;|59+?x1p=nhHEt6>KIkh^?H+`=v<8V(riAw5z&gYueXjn(}JtjmLQ z#J%A{ejV-rhO#x$IiIEG+6V^gf3!Ad3C0{VAR(fOByCpKE5Arrj=l_vOJ~n`GBLm9 z^Opag6i1mFqhY^hF2?q>oVl8#X92{^&vt#CF-*Z<13IruwHhJ8qsQ7|MeZ;G6g#Mo z_d5u4JN=uI5@r4@-Of%YW+^LPj&cdqG=Hc#yC$xL0?ewVI&`cb)il)_wG90##jU7l zc|vpqg-x~k_AELw+4_E6%}M^Ou4K9@7$h7+b^?~h0MNKd1ns608kFxzA;>p>X@8$8 z%>FkjE2|8l#^&YgU55TG3g^JT+R@rSXWkFudRTo{B3jYRXpS|Uo4?P78*dnq#o^D|PI)P!B83?{& z^Rm^FQzlao5Tj0gZ%9Z)V5AORN2fS1(iHLz$#6&%d?RLAZRhLb|^~Lj&^G6<)7sT>w}t^$9Ia zUY#pFvK&w3K({kr<9dQkz|kFiI1ybBiM(x+q%z(+ge|MYh>6#<0sr^*y#RlH`Vu=Z z3ybokUf*knsbWGEMVvGc7a@*s)2X4aqyQd}i#*yjsC1g^V2=o4oAwWHsinse9X5KM z@PJ+kjtXkjBo0ZZ4LG;D%h*U(!Mu46Sp^wxC_PgcePvpm0Vu;fv8} z9yF?m4*_BAG(*8#26N+c8#R4~;rGG&zb%EQiRNx1fz)laUC=-i|9m!r7Q5D$h=@qo zPRqAM? zbe86vw`)f!7GrzUVofF&AtK@o--IBJ##12(<+Z=i^l?`4VT$m5(m{`?2rT(i8DygMr(b;nDC5*w>6 zu`_f|UTE1frA;N z8;xn@c8!{M+)|{a37HdtLQ_>UPvG8J7l4#heGg+yTfTmhIc_A6b@Yg{IYN!4QQr;y zMX+H|e_V+mgkmZyeU5ywNqB$OIsZGze?O?Q>P)O*A!O+<#b~98fZ15<_%xsQuT(dg zLG`iYuyKhfG^UL!E;@9C01TkqY}YNQ-6oMfw6;hLbMk~@b^x*LLR=TeSkqRJ&{H?a z;O1O%SVB(p@V0j4<999 z8s@F26r%e~ilLU9I^Wa|OKj3Jl)gkEzt(PiGBOBxO z>(?{^J=tEKeb3-moK9!vY|@Kl(*s-xj}cuat~F)MDLmv-fA;3AW2cYuK;|uWKQN!sC|1>3Vr^nLy@f2%Y zpGAvpSfRPS#x@?XRxCEH^YRX5Mw%JNeCaeZ-s8uu107@p8ro&F;gz5aST-G3)MHM8 zuygH?YY(TvGG%zPl-IY;sj3@5%l-Lr8TczKC?o{?Gs7HjS zmZ3ZVEx8P1P1b{(=h}NI5EVS8{%e>fXUBJ|y;Y7~&n?%!ki3T`VIxQJ=I4^WTyKzP zZI$o+>KwfSNNB<=i)h-3hTCu5kx6b4KrPUQ>6LFskHpVmWe)3ucgUG!YE(qrskPgL zRPS)O&JB?^xUaO2tc=}?y+=%Cz$qjhtduHv!DvuxR1IYoprsV8lD7B#9OHNT>NxIg zWZ!QPA0WG3#Pn$7T_*3d-sSWUkfuzuj)PnH{=w31sg~5}jPutkgvdhUX=(z2>WVts z`^Cxp%{ii$+J()PP6YmJ>c;g6npS(81NHG%tz|-%b#R$vw>NtvS|$Gc4Kn;MVdHUI z4WPXphs6?BvY55>UqwSD9*p4H-GnVUE>F+x`6xZIqBfSR4oehV%y_kI!60&v9CLOz z;<~Xi9!Up{`B4&eZUm^`(Sn-@kwb*!rQx!a1Vm_kM(_qa=`5ajIOdbKC)dKO&78Mo zs9Pd)tuyGIL>46j^`9wHXzCn9BRGxC+&4uO4CmxgZ4s&Rs}ZMfeCcN7o54Lnuq~ac zO~LZ-NlBIWLMWf^-0r~<4Jyc)I3`8gT((MXq8dleF#5S9J$@1Pnu=p^#k+aN=(17a z@LZP8>25K|s{U{H?xt6FqI!^HPw(3Ydq}#2t4A`_jVNXkBLXLv?pe5%U?4X+D$&$X zbI9b&3>yKARsb$9T1d7JPlLBqUhIRPKCgG>ryYgM2!ti`1F5B1Yppm?cZB_AEw9CS zb2zp+PIvY32Bj>(-&NKZILN{RGE0X&S?$n}nvAxT5`xpC$Xc(EPbm*^o-(V99M0;8 z3opz7@T3_BGWut9kSY{eth!~e;<^u7asv_N7aWQI^-&9Bw_cLU1I&ptCeAQ0Zk)wp zH+K1=faGKRo$g%hp(pdI;}#h;6Xyvy^fLQoc9n*RM`B#41!VYAO(q0HBe!l3h!KDtHnsTWSo>@tplKcSx1gJr06b4;%ki~!rH@ub+?X) z>tV)_J!ih4U#;$lZoy;IjzT!zLJbJ=QYq}o+Za84F`p@W7a<~k1g3rr-??auxNI%m zHo@8QSJXZy!C+=e{c?c80}EI0n+_EFFV_YzA>{{xOWV<&S4d4(hV$JO@V_bE!Z(0uDy8Za$a|bdtb=VGJ+neKoN> za)+B(IJA7pdU>Ij3FE0<*Cojz8lTKBHlmR>^lK@7oUi=;YJkHHENpy>Jm!k6rru$Q z6t^38t8c0WS& zw0`PU)W5#fyP_+)kXOb$`^K#K*8{#Da z(9rymzJW(RE^QlT@3=(ZKZP9U;S|Qz+dZ{h1>;R@2LTfvo)3=7hjEk@`NR`3q;Y)a z4l(8zaKKQNePO!%^UdQ!vMoOd3)QVy*D6h~~96)0S5e+ROvv{_z!);3>)I+Hq7YqI|bQb4W0 zQ;I0BjxQ^5Bm2U>z=GphA=~)vNkDVc=uvH0%VFI{`?O0w1{VfuOW|8Ufo`*E#nHwt zYsJPWQZXjg84eJV@^MaU3U8#HNG2Y1+LeFJtyD^szizW)2JMinp}(kg`Gq}7xzeB>rI#dd#T=n8`rlrxV2tZK_jyKv%j3k%>b8#gt=9Z zFU@B@R+)J1S^J#whYVl*P8D@lK^f_}2~LJ;WozxL%k_v;7>58~07GsT7p=-}%xy!0 zCU`f=XFgKM+ntGryFb_9$su7Nu*$GXStIx}!tY7lZu3HYO;b}OzP&#%vZ3Ho-Ao7* zyR|ggEbfvg>$dcrVje(pE6nJEQmk~+FwMI*7r-+&F!A2LFbMoKo~JRlw-%c!=0%jW zb7Th+HtWD3kZ2dBk3RrxV3&UwDmg?1pg_Nitm7EYjdg02|5kU_==;OKFuu{_sW9=4{$VPz7ga4T-u_NNmJOG*dIFvga&BG6-Hff^CtJzQ(Yqb@wxU|%J8 zVKl05<&MRrsI9m)ukyU|3)bR@;4$&`Ep=!#vJ-bQ%@(LpxYldYra`QS4cwWX4es`L z&9vDdWDLRvb{X`Bd2%chDRUK7f7E&njs~tN&P#$~m^$V~m-ajUxj-WE;|3Bh(rl)> z!m5k56O+F}$uwHfAzogL6_$R6SGM#;qI4QYL`si zC~ltra3!&oiko(Zns|7v30_|GQcRL1rF4#PQvo% zyt-v3Ebv2&I4^K5K9x0$sdy%Q)6P*82%E#aV%R2YuNogP=~&t}zb!0oIzQ^fgpmEb zUxS=0A|&`#&~(GAA{bB#a6$Jk^-RS*8T&qbZvQ{cV_^AQ?l7V&VqVKdIehGK({~iw zST~ODoVNVtL12NX^lDNgBDFEg1nm7YJG=)?8ndf)T9u5?-G3o5QTpd#4P}A$yjx49 zBLg1NkRNErYLa+yhzc@0RT{wOk1EC(P5K+t`RTt{ER!Olag1<0tcZ9G{EZXg#2uP* zJ{j<+;xTzud;*AI;l`2qd$g^7Z+9mJb6t$<#SEvMn=1K*Ly>25ld$(;#ICp;_*+_w z&@kTij$oNm-I{K}ShW$cB4M=tM)I|iD8E|9Tqd0ER&F{K8@u{C&ud{)j`dQ0&;@F3 z7$N9kmby3@N^FsMVE0{r7(29V^4Y(@!-52L4GZkDhMnG9fx3}U<(!oc&-BsZDc8l0 z3lyMcI?3!$5%*(Dj4LKENrNEADw*C?tsh+a_|9;fxVAVNK9>1ET%6O6FbtGz+veA{ zZQHhO+qP}nwr$(CZM%CWIp^k|huF!kT9s9AB63a1GCdV*4Ot?W1FyICdj`)W5bv)d z{$zO&7ae-b!sFa&PeMJcOtGGhPhqr{dInzkY^+{t}Y#nA)kGY>{-ihUcfry zli+@Tv0g8+ZhV&~wroOthoXwN43AxsT66>h_rG~z0wfcWP#wj9Pd(Wr8clwyQr7#u zceB9%5Lj0SxY;B6sninxerhRf2NEfFCQxPz@Qi39w^@ymjS%?1-dNf@z!3vCj zF$oxt6sUO-XAOM{frR1hAv+ywhHAQLVuSqa!Rj=Eq<%fijw=ZMWokILEE$dqn?FPXT#?Kp_t z-{CO37rd{zGC(?ihp;`jBcMsl8GHm!_93M9vzDW^zSo$4#IxukR5kPOt2?cyZ&6SK zK}eM&b@(-HXpGw}<2!C8=LZK5r>*3$_!X`V%{M-+q=U+O_3YY6YTSv z54wrJmBzBYP~cw3B`Ehr8H&DlI-emBe91!T-eaGa0>iiKj(3 zYDwHsRv(@T`8s5SfJu{c2Vx`!aZzTE5(IvYDgII`JSH?$b(yc}D^p={K?~}Tnp?aL zAwCm6f^B9>Hw_Bg7<^^ZYy>bek{L7rzpim^2LS8pIq;&?PBv-2_fM)zogm2gYy1o3m9$d5_4oTg0vfKMc1fNi1Y$+z9_pk+{1K$KB!)cS3s>=xoXzC6zQKe zN7G#^*(J25K-qE)g;k7gU2HC;t>%K4%ZQXG7MFIU^CS;7j_H0971nr7UuF<_xZLB} zZ=exQyHs+Fgz#7dY19{1Aw>!#CuyJS=JntNa>Tr93dAWhPQ*2~5|zpthu8TrSZnqi zxxBDEher#vXs3G>knk1c8F1+sC4!o1Y31JEd>nK`|g z=#Hjmi*eE$t!Sw1Tuj(Pmyc1|HBxZRY9@||g@TkR@`d|wKYk$SV72>gr2HXf)2U#q z3pPb6vN>&lP;^O~k0mImd|OJ+GsO<9LL&`vpZra%yRx{n(G9ggH$3DsIAjnB*i(h4 zV73`=mUoeMd^2!~?loXuP6zi@$H7bLd()ulgk8Wuu|}vl5FB(Z@f(<#Owyh}igc1~ z|8+7j6QhG16-3JYBYaO^`S=mATrH{3LbwI!9HpM1s7)nc8mK=?hu}J93s%O@6cMy} z2ttrxpvHc|4`oXuLf_mD@D&sigi3J63_GfhCqi2^6ZTgAe8IH}&h28hiX&1*U zK^;KBM+HJ|>=wp)jZF2;ncL%f2^EdH)`D*450W4a>V*U+@s0dSg}&ou<1L8!6jDmQ z>NHC&eILh_wG$v56iV9ykv3b=1#ZqHvZlg^?>oIhHl+bGN}YL|0GFAygD(jJ8St|k zXYf99$-_C|T2ql2G(r zeWHAPQ-X_LoXzyZ3NQf@^TYao(ar!Te=UfIQ`zzdl_;7VNGfNx?>PCmW{xd@FXUv{ zqX-lhP83_a=p&5Xm80}v)`_YEy(0CbDfPECiwFq`QCj;5SYN%#P)Yp;K}rv+uzsku z&48}S^+?}s@7NoogcRJrQ`psH5QDVU!3tm&XO>!r?r*_WzCt`8epR9T-JE6ta;Nu%5+f$gKQ--- zRqCc&V|=0$p4K}==P~Tk!eP<=9+YzU2METrRsv3^0ZjrU(G;)XLDaVgtH6REnSj$A zC7TRTUmk)fenFtjAUNlNRKOI!TMsW|LGu%7i=L`|^C*-#8IvuVZ=am4t?Y*3mh?h9mxHLvp6N8iwN+p)$G8O6l+R;vXgADw^SRFqLKa>{ z`;`Y8wCmK3JDWUr)^-)qQCfSxYGJ)YHF`yt9IHY#VxXDv}|AIlc04-Nbyp z86p`ETr^HT)S5E(fpavju;vn4Cu%!x%BL_3L9I{ue??RNg^9>pD$~&NDZcg$-EYyb z)`UZRt(Uet7QvnME&AYn-ZQA+aCpW1O?y6h$^c}xEGf%Dj0~4SlfCfVx-8L z>|Q+~z$;gjI2`6kOD`G#P)7p#L8V{tLyL%w1(tha9`%b%4#*rWhohB2 zBmx`Q}PwA#ykk~w0N6zn{WIzK`OzmrSA-=*;qV_ag zkIKv*i&)5ZUKx-V*eDCLQsyu#>$1(OvG6wf*r5SamO{>KKZyQ@`ZMAeGC<-6U}xg- zwW8<#wqW@C(}(&DumWfhB|IeCy?eUMM~sI{IDKgxTIaaI(PM30X!YH$Mb1CI9^k)5 z^<)2j8?t_jfG46pa=HyF(fdG#TyCAIRUL(QguHVmF?o@vCRN6I&z-uQMUvgA#-J&=ADoifI@g^vuYlyby){n*@K3(fgPnC^XRT#SPjCtm}Yp6v8iQ$5zOw^2K-sYT63KRz)3 z67!I`Ci;Y{#`(!pqrmtecyaI~iXZa9+f*&-HlWcrt+(3whV`t%g-_~+*^fs>13l#I z3%ljqR!EWb&DHEeR0ha}K`))zBbA>yZ@$%!mE5bFa3j?U==IHhh2>5vq`NfN4cENWI(ar_m5j{lqC%FpbOy1Rssn<{I6;ePqIC*+ zfq6E@;lxHkw7!Lb1K*;piMqA=I#j7Kw7?S*>v* z4cy2UrW83-Mg16hAyD$4GdC+5kYzzez`O<{r>dA3dVy9V1hdP_Jm*Z zGIA|XFotCsX@V!lazGHodx;)1Ze*psbG9OE;m;;O*v*!?&9128zov&@OHG7(TD_9m zN@*k^$D5)H;YE@sDDh41_)cLK55d=U;C`q4nym|5B{6j%ftBPrTM`cs5L8i*SeB_(EX~>K0(MaGYDsYSv1 z*;w7Blr+_(Sr0;)?a>MDKbp%<3f^n_QQ||t0gPFwM>0E0_LYN~W>Ag!KEB+}GeX{b zT#3ATttO}H8FH4si?39E0C(#DJxZx#$Px%(``Z@jL%>sXLz1k1w=zqP%=mj~HQ@gH zNRT*+&lWi)Bps6SA)qQ{^)Q*5nFy6x*pt{La>fZK#u${aEhEcUK|0s983KTX%b)?u znuXTZ(N$53o*N%_z(K+qPyaIGTukUYl?s>SJx*^vvkl94syms5cQew`WrgUr6wN4C_AEg zS^u_tDZZeLL%XNrE-+SfkrdQ&M~1GJP(E#MKF2sZojT0OIBRJ#Q%9lbby7fluF3cy z0-*z_KUVD@zHB$P1dU>XNs#hIvJnFn3t2??=C=5-ff`uvmryk)=S6uwMGTji6kP$) z;v3!2(+;raOaS;+NUD5Qslxsuft320Tzir&k-1wDL#SUPgQq~+`%~&jFS;OsIK%M# zU5$ZKLnYEN*svc}9*0)D7FO8ENoikmKTz|iWGYx=+rQ#>yTB`xM|ED;?%tSVoQq} zSM`s3^MA<^v-@9HWQG)jnc?v6bScotY**ODB{qhDJHo5*KBw3_4&G_G?K9C>57Dp`E0umAHe~dK5=xl_fNq zdDW99P=vc{Fsmu&)Hula+?@)H&&SlFN_g@YjB5HsV?8FdXC|=hj?UH5Ky8Qy>$U&* zyQ|u7HJx|kU^fgy9V=2qlM7twm$AI`Yp=@vb5gYuLA?^4rA!|a#L!TSP1;2VRLY>^ zdj0s^m^j}bf_KTDqlQ}C6S){!C=4HC|7D1D#7Eq0Y+MWvzGDSYBJL>O?p7kS0B-Ge z{lNd)h9S$@_xKw2w3Qc>9t@>@lTALb=!-)nA>q*{YfO4;cOvhuFZP9EhWM3A_m^DhB@Vei7TK8t$=wEn-z9cfL#RZZX$L%v?m72546P zVM=PD;v5}aHEsd+oAieU!R_xxN_7*Z#uAw2k-meF+fjD;y9Oq?^W(2M8mPs zIlMP7-{S!Ao5j>Mmhb%GA?CqKLox|Oq@4`=ArNZ(IJ2>h>+o|rBw%SRXanO+U`^A5R`q95YdXwKRKtr zgt>iIG!(Tnq9t$z0TsXqU zjM!kf$MfS_kxN9^*t25C)S$C#vj8?{@++?Av=5Tzl4EPVd$lm6ay*8lJx0xI*@yn8 z6lqZymMeSX48sNlX(D8I@1$@s^lx^JCuA68_M1mVH*<;D_83An-H=ZiWY^=OIpUZR z6K*#euyuGxIc!IW@lJJ~jY5yF;W8YSHYNBAujkq;Z*qJwG2bgJ5YQ1^w zIYO3xixy84F{ zyOqv2HTvdSsQrDVjm)^)fry{k`VR^RR`~dzkedLj^+f&Xic1HuPInD3v*f}}IARwZ z#XQ{<)a!M{0)d4BWOff_2^t)q=ei_oBmsU1yN!?8K@eRFi_Wfl+}UIjv-h@>3>LY# zDP~c!$Ts`61{YaKJUBVGjbv$~6vP0jfT2Dpp^N#u1WSw=QG<*dfj8W_qdrWBz3Wn2 zFvTi~|BCF+FY=nVmhdz*Z>qaV!Xb`jOJ|9A^)xLTbVaAFX{vxUb;FVWdYrwYwHmuz*aKaWgyng zANKp@ly!j-#k#UQ2vj+7hW0`3 ze-Xtv9Co4=ET|2fp?jN=0p7Q|UwY_;e3UPK&WUeHddGE`r( z3NKlHr&sMRM^rkfOK8!%6m!jJd-)EdYn$!wH~_3v6fXr|A1jc4lxJ*GcPEiPgA?n5 zjr9PW9t`j-{#Kt%h>KrW($1=W@4YAdPrM7+$C%so?7*u&dE95<6^ZZ!q zV1hlB%?zIU4r?c2MZ0Qlso}X;GkaY#B8Z4o3IWI;NfE@)BG<#BrJ%^gx0tp<$XY$n zmO@8D7-X;g?$p!ll3tld)f>0f5c-`;b85ao?9uLcVTt4@_hlhGQ6rGvV!H zb8H;Dlk7p+RDek8plTS+obnKwP~@0RPqBS<+r=@1FmWWVj$PO&C@9JV5jru#LA-@f0eki@zPGUBq2?H8XBwJqbry!HO zf0__AKbXcFOj*PLHVN}oCb3otQ{zj*w0Qf@%-!LbOU1tB%lXeQ1LK^Nu;G2pVZjxk zOQT2;dD)glQ=lU$iF5C}c`8vmDr6uqLp?Iy+h>^Y6Kc2_M)RTqgxN|w=tcxqe!=5h zS@0Fk^=J`tC4V?)!KAQ@31*qI`u~@>Re`5VvN$ocK3~6BhVTk09aSk_#j1_K!+1Q2 z02c+ZM>2$a$EmLOh@O++(6EcM7&hA(`4OG@SiKF{G?VFSY~z=zSb;cg1JNfYpu|ti zY@*`(T)#TS=^R3IZK!d3kfpgL@ChKI1_D@zg{``dQF%Pc`4cthx&+8AYwmCFUV_=^#PrU_?jD zYPIz74B7>>0P6#@P3r26ClxT?tjE-puYHC7ax&Y=bDC2kfy@NPb6Bmwn41ZuD&z#h zm8LM26x0wkLA1W7duPas_Rigr7#jZtSV%+dAxUPGPoo%tCG^PoI@|GsE5cLyI1vGJ zIw4eMR%5`6I``eHa@+mv6u3CIpL~i>^a-`R{&NNDCHKI-WZrwLMRQ~s0Gz}^%v6eS zceiI|yZ9r~^&Mf{*C1}kj8>~Y)|!Cq!kw;{z`U(GlUV#}D$+{1r(JHl$#}F@gD8A# z{ScDs6s4N4qkDMMaBreSb~%Ei;ypPHtLF%v1)Q~+_*PMxE&R=dk(ZG@{h4UH(Bu|u>t*bbicUcni{V(0|Ppbhp-fcAY zKA_w+z$2P;0?hs+rKQo$@E|P&G4rREG*yMY`2^jt^;CCec)2KLFAw>n*-N&OWnK??H2kj)@Q7synyN_BpzWs4ii%&1XHZ1 zTjV&qRa*jC^-0zdAG9BxkLHpVuUZKhCmWKhtm;jvBmPpqr3vaHr06dL(3gC7Z+1N1 zt`RzAd!a-NgQ7OMMi9tn;Vt}`UO;LSHoStvd_=IR2Qi)5n;(dr``v{w=REJwp&GSw zXQRUY89(*>7I<46pMPyYcQz(03(QMKsIoK{-+g`T&Cg`s#Dfs_D|m~V8hqDT1hJ5H zPWKJsD5P$$^Nz%2x@yh zS*;d(7z!GMc}KA}41i2C&GgrdHPpi}!09mazeF{;LmV?BZFgJu&$ZQq0(}-~`RUZo z%Og9GQ!rhMI!h%0=85}tNpTH#Aa1-lb_bNqO!YOOp1iRv+5v1VzBl($FTu=8do@m8 zWvy5qUJQR573W-vN-|7AB}R4!S39;&7)fw#SSvcgY~0c8H@6o)GB`CC-?<-7rVu|9 zC1=WtO?V6Dh1~}i{>FTp5eg7s^bl#c@H@3`FanVC&xC(Fs-*q&wt)Q)V$29qDsTA)7;&y$lce`zuJ03hI|$)eCc+o@>)nJDxal6b1 zA~Kb8TqHK~Kx4<6X`W zP2UmfNZL+|W+bng#pMUM!FTVb*jId^44f$iokc}i=T<#232@wr#{p*heD?1xSA|!( z3dQ?9@C6S^3VzC(eQ6P}^`BmKxs|RWTC9X+GGW6IO3 z*=U@(srEwJV4AbJt1##1J>`L9x<2D2!mH$2%jb{8t+s-_RH`#dsD-NErB!59c#9d+ z?$&p%hTvD*7%@bt+-a z-@7gTHIVRH(%Hc>LN2B@9?#{#wSkcwTy4gT9xz)J(N~k4)?@ZLs-T2XXZYq_TNhgD z0jDr(p?!b2ECS$gnCq0I8Srk&=#VrFW#3&Dg1*zOiC~AWP3(4lU`9!;MsQVSSEecn{(RE`3QZvbu;6Mk9G=X6WU?E z)j9b^2@S0=RWhv>3Te=&Rz2?%y+8rSOZSyo{y53<&{Ro}u3Cs%qc?rVqHm-nBbr%f zE=KqemTN)d7%mu^IJp3_UoOHMFp}-N>(xX$1rnx>LnVPRrDCOBmi;-Rl~|l|A~wuUkssmp#rrS=MkaG*ctlrQ$eG=M^c5X^Ri+zO#beBxVcm+|in zJHuHcsiHME+SnT7x5sC` z5|SCaSzOv29oMnh+%9_^B?@mN+ySn@xG~l_vmeJoesNP7wi338IMUCdbfz>;J2Y4g2#)6NBl-j!h}Q-Gs_Ave z2SrV$5XplNfoc8uH+LBt4++KuxA>Y`P&V6Q8d)YLStGA2$dJI6c%Ha;lj|axZGK2l!#-mIvPhSB5Y=u5c!2 zL>Lm$x3U8LfZ+~&F5~F$I-G)syJkcIY9TUM4`V#iqT)g-PdTYe<2uc0Mrfew{j2^2 z!SKtw;4>(x8oGZokj)#$5DfsgN#qZ;{51>$Ao=kVncF!~nUYHmjffkoZ6~aq#S%Py zS2QEL&);{JZsR$nn`TJ?bicnS3`YAapYV;l2_5|v1VL;!7^&T3#Q2@<5@J{^IriBB zZyEWeA0IwFkfUx}Yo7WRL3ypny#BQeJzxI3f8;c1D8XR-ER^DAn9E!XEWI^NYa+Ph zbXcuuw>bf{qrV6hyackRWkSd%(C6TNOE;BepTe^>?RJ4nkQIN;3`A+*0o|&T>jh25 z0MV=P+_1GekyqOFEyqX~?LPY^SC)K504UmjJR$@_9h?5aMUF_^DW$fCDM1uomz#Kb z=pmSyrv{$v3BgZQP@?JIRz&Fll^jp;J9AF`tDIP=2LbO8FSv?qsA*%1aOx0_6iJ5O zvUX&+R{SDmfYjx6XC6-5Q}KCn0Vkf=^BdqByw-o-s-H8|)3>XEv@-5D$He*=$imX4 zS`Ny)yr4n9y__m3`US;r1UH+EbkU8fOJvpl9DISg%OkGJyq7q0+JjuW9FlLIjKDSR z?}Mtgt}2nq_EoWpCB=vmhAo%6p}W2|w{$6_@Odaw&U-|67&-iI)9*s+Kj23mbr9ma zf)50umnq*qmfcW|AOZ5wRUGH=i&MPxP%vUB}9$8qNv z@K@kIq~n9C>WTBpGPYQqc5~ z-?phC1$SY#y}d-{P8>Byc%i1@*tI!B<<3tcJ@8Kfw_vU~oZWubalsUTo2(H*(4`W; zG>G|RiZ;BascBe`Vpbi#ZcYl_sSZ)z0uj2qK^{3hx znb08xM>>h%R6mj@+qfQ9JwDH5m-fQa`kIrp}nOdAv3M%=O5@Vk{t2 z>=gk`l;wKPNuURBGCRpA)JFWaw$LIGf^Im+{1(@LRe*_^;elC?Z4h z02@{-DU}seEeE=k$rD?Pv(zTPY9)aB};r44^DW510DuFUU7sIou?!hF=%V_d2P z;WP2KQeS*E4#WE7vdKw@5Rb=c1Hzw_tXzE;|F3_^7HNtXndDn#LMlN;{jd=BZ5A*K zy{t~gY!dBzf&Mu5g*M!_k#|J$&4PNoHw}yw08RVn+?Oab*+3R2Yyw2k21&U={8qa* zqR|&PC0q-dvlo`(Eg@gh{lfg9ZP-;Qd~_{Boi*5jd^V9?Sa8lTCx2Dxii|bATvZb9 z&ovwq!?)~N+tXy}0Du{XtL&XCG zz_BTZk@Iss%~>DzOMhKv)ptu9T@tm zEBJ&qo>vRhNDiK=;~C9Z^{JHuVG~+@$WUZe!P@Pic=xwS$b6jsLV|z3WWl49IJlc0O3M6ezb`aK_jsD& zYr4Nn{6J*OuZ^58>=_S)25B6i>345?aYG}an79cDJI>FipdV));MDHL@TMj(QP5_H zi{Xzf73?o?NEXd3OeyGiCaUqVzr3brC8~?zbN}_g`)Kh$O{ryLp1yjt9@snJc;{aj zVo1q8rcW-_zPBPCAaiMx;mZQF7f{UAkasAtPVO4rD5<6o;^D#436YnopcL>!7iZ^o z5Sqw2$cVcPsw=1Zsx|Lm(ZR>tx&WJUu8Y@dt=SRnna;$F=_A@jLW(%*smNnFf=l~W z%T8vKfv0GK`j+y9Yw6W7H`3A}JDX3%&e*KWQhP1Dm#p`kla~pX3-; zl+4hwil)ZGbOed+)VHvNWBEd~e6Sz37RJxqiqcTi+4%$`SOdRJ>`Q~D#j`ad$b&{P z7ko2X}eK{8fSE3CgcZobcsPcKuby z1nOIN@6B8|c0%7n2f>s8NNq@#9?XGsz%92nI_W0+wV~4DI}T6Z+8U3KrH1WA(Kn!k zMA5g~#VXKxW*@*Ar9ifavH6!+3ZI z1L3TEMT(}?<0M9cr_I|gpdeqV4vUz4D8#`Kn(D!YETW5%ap$~sU*cxb_-%p#S>_2@ z1PTGg^S^J11fo67tYg7QMlZ7u5FUPb0!|mG*Y1f^y3y1zqk%vff}=^K=gF$%vqwiv zU#L3Jm^cQ^qq^c?ZgmhuOUrh*)Xr$tR$sO6;x3- zWP{iH&52C}Dk4dVbU#!rD{=)6|NOQIC)iGHA%HfLsQWIU;gG+h)ln4VOTnR0o4m;I zA}Hw7=mzr>pol;oei+{MS?O$yj1j7MDc2;3xzgf;3G;-;fOD3hdEE9z_tK;>q}58L zN>%3X)0QdSaTDp-;>K#CE*ZCue6xiYE*h+iFOF1m-37*j%ox?kfj)4~e=OikvUuuO zDom8ZCr4(U(eX0-35rlxT}l#X1VkY5q(l z1w&X4*yZPXg}pE#|0%@l+f)s}eH~xdxVCXW_CAMq8L*cLCSae*0N{;WHf`=ef5FN4 zXiu}RuRe%=>1GAr4?k&yZprChq2|6cgF_b5zsBpIMoN-P&Pje7DrjNs!tsn$OogdH zNmI2*^V1M_mZ$WVEa*Fx+=dxliV!ENYf{OfIY$hoDo2pcz^}RDIt)r4@Hq(HNW zx${oS$04ce_}5EWsw232l|BKD(I6SH5mh^67_>RUYC54b=f&3rqI`<=x(`7vToGm> z0V}Q15Lk^pFh0NsFg+Zk@8Px!5Dh3!c7StYWR_5nK{rhxj-Fy-$?&tajE5J=jP$CIXg~!Sj4=oY)*c(P*VHDbMHCzwTn$BbHH_GwT$UT%7d3W`WbT;zLtyEQvZesxal|@2X?uuktO1~hol0jj>fhE}!l{>P#3BO% zQi#5_k$OJrp(rG5FVjVG0MTvm%E;EktH_Qs$YXz*DdnRd_wV#sYaP2u>vLve zZ#Qb@UVyC1H%{@fGTdA*rZo)UrU0=}9yxPmUDpl4<=Hm*{*4YDR;79VLuRxjqz6~a z5tzyK5`As*v7HYu82E!Ro|4Dh&Hw48rBuTSvB5bz68;H>66W}AH>nLl>wDvrNCn$Zqk_B#sVmtm2k+llKb1wT$NwOfrbrV3G z3;v+JF1<=E!a$GHj^~DZE9?eR;i$B!9AIcAZ~ue-Y5%3rP{wXkT|rN>*o06jX5Svp z7<}O%@fy(h_cMV!1TI&pD5G>cY2+}DIQ+al5RMwFFZ={iobcI#!sty5g%y-Y5w*PV zmJkJ^9z*z{>0Q7*jl{iMld{mpD(~J_L)!xgo(c1(G;PAc*85JF4vp17s#M=S^}cJK z-vFnGcQxa3#0m0&D27&z(P#`71R<)qfH+tgQg4D;m@VOR`nnIJ6>ec-Zef@%EcZt` z`mf#=@;36aSL7BIHaX#blGzByE1?yg-s*A8AKfh5|G}hjOn{4QG=sd06$1Z$FXtXh z?f?v|n;+J%$Ob&}-1ua&o@>NP_(@mh46bl92eSA)7<#5N*S2$~U6yU-P45I};W?dh z0Msa)0neOr4#$+g#}V9=T`L-jtLIare1#hPA`LaCVXB%}^U z$B+pnKV>@fo?6(z;+IA98n{>P^Ov+=hi=v%xEA z5IFq^NKHGU;@%yQl>mk+26=HBFdmt9;=HO7vPuS6EB>;u173&$j;Nhai!emC25-Ou zHITKFUn9K(>@9!N^+|w%SV_6?YWc8v#(a#n|Uw32%yEK})d*5FEoWY;W++xpZ+BJtwkF+ZB!Sm(+W1d_MPe zqqpW%B`LmDWJfB#JA-G8IJEr;#aH7v*}pF1&|;EMuFK zKV@2s027Cn>mWt{#$myi{L3ln96rWC@-cMsqD-aCN1F(Qp^0O&OU;e*yYIM9Tw!i9 zA&}q|e6m|(;hGUj1LrWE-aQu4{X_?s@|wyiO`o8BE^VbN5;`_yyFf@$y)~OZAQ)SY zrS(8JO@whn6(*~x`vHLuDPw5`K4Dx$1P~0a2XiZL8954l^%oM4-A`^X(jRo6ohOtj?V3>dMH~~Dg0heQ=Tr(Wdc7jmo+W7pX896%RoK{`E}kdPA@1P zu^o?))Ctp2IHOQgojF30nP zr-`XlVCaO<5`ffI0&l4oX@)wNUsYZmuPsSV0jiR>8+=APk9RvnQ`e4Z@aRpWW@?^K zMfnQ;a+wljm+4>eR$t!?gmzEy_M2=W2FuaT4Tli&%N^P4$8_|)R$M8;{PlPTQCtz0 zZ9}l#Axc|6_)b5@&=;??eUHYrg02P3NYv%@da16pgy@JSS_voUO%e=wh`8zGfLh@J z45&Sm**gc{2fhDLaMji00OQ`3BnX&q#N@ zauaUzT=Tr-PJ1XWS={yj%0X&Oou>}DQ()FPnoxhHkM5OsTshhKQP0Fn_)0Egvo^#| z(H|~t(y4V7f9@2obS-IJ=Lb}B{W)w(_m9)>Ki1|F(|UNX^pks{n_^@_ktinPP~jSta7Qcdd0g&{RWj(rJ+ikiBWJ<>X?aMt)OC z5s`i2mAPA4=^4%yZ#p<5Mxk$6*dW4b$TDSy7?=g3q4f(2%~1F@!0`G?`it2l(i0op z`e?Tkkx^K0Hq4ms-kuXtNO7G=5UG{Yb!Vx|f`DdRAFZ4Q3~#z~q!V#4w(M@1k5&}t zy}_9Oa1&A=q?018G4(}FF@4{Rd0X}OcyEjez*N3ogoWgKZO&Lsmi>F%nj}amr;@B) zA%9RrmS84?pUK>Ybh)jjwEObm0oAS?8`GiQFSA&%YPE{)s+bhs-V-o#tj4f!LTb7# z^PMkDxWE!N{9PMyqc%2z%QC0SIQgD8G*A4;X%f%p!l02CfQ9HhC@N;rm8|IO&FExX zviEPsv14LL7}}i#1ZSr|pXj*0PfbT+vy+ZTcbkJsTG4`+mLEy;3PJyx0Z1sByRL~T zKO<9tB<&kk%4yBp#?Tl4pAKef4Nl&NQ{fn~i&|dG=YASxd<iYIdpr?pQse3l2yNjnJ-SR~+(M!%XZZVdZ@#K#)Ngn~jNCv&xYVCdVifoi`7DDo(;vrZ%6wbaY_lO;dkGoP zu5Pi`+0M4EMjjub)L;aI|f=};ClATKEl)4jM7TI*@ih8c>yM=*9m4?uE|lplqLbj zw_+g6Pct|L8;0cmNV?2NML5*JM=_ewQM1U-?hWNGklzz5roSP$VbnNuTA{iRtYcG7 zz~GMixH)26fTjjSg*!ECbzd97fnlgbykIFd9(Vr;C3jca>~t_&=)+~PS3)= z;0w=ePbn$9Dg&F?5LB{!z@UnWIKo4TArj$t&WtTkedFe>*)^SoTAx+ECK5R+;s2U8 z&die`(zJXB>SWA!UBH>x7&|zEObo35N!c1&z%es(0T==Qq`08DJ` zZ2!tJ1DIL3*#DJd0Wkh631DI3WCr}(2aZ7;Xys@E0x*bM8917Vni$y{o51n&!~F*{ z*X2qTSWXoWyyR0Ea}p8xrN0^$v_@1su<>lUe?TemsVqjOwDDtf7=_4%lu|aNQYEy& z9|>&IO~_TkP2uQNV;oiYFKZWWT`yjfT$64SA6^?D7jK;(4-fB&9GjVqawCr4&BcP3 zmdy#!5n;${IL*<0h3(ZS8$#;p;0KEQ^-jN!+5qCArVUnIQ1)eGdiIxTVXSO&cqG3z zq3DA}?sah{fFlM#F;adzmH}jjemNyZ4FXdFH-qyV0TW9YKl+A^cqq#tdiaf;n~Vo+kh#O%6#+3&z20Es$>XFkg1$8=Um(@3AmTgC&8CP`#tR|T0~m*QufH=0(>4u;P27I@ zkPVoT$OUJEOCRqcjt$3nrf+jp@8V`07B6!^T0$jHp9QkUXm!9e#~OzWd=1GVf(!>> z10aLLt+BmX_Uk zJr6V$M**r!vr8$mGz>T`})79*vX! z%Fy1B4mtJ2=LThOBwMeY>K%&e=%Ft{ADPB2DCU2B$P#U1HXv`1#2{WB;YNEtT3)fH;9~b?RWw zBT#+2*)ZyTq}*<``rlNOJ^W=MBp`nisC>hO56lA(2}g(UC0<>XBuJUqw*klYJ7u&v zNckQ<>o0x;A&CW-3Cpl7kX{28_cnhk!mR{|AL;!5j?Ye?%wVY(qQwaF%a=43i_S4_ zE4LFW_}p`tMGVsNVLspaoS5+8(#^$VBP@n}n)o-X7d#d zwuoqRWXH^gLO1I?e9u7Z6L!09?NP(yQfSvMS*QV=eE2}UbY5a3)0MmQTOIecA zkd~0k+6fA)t!OK^9;jwS(0}W-BmB0{c|`3$bEvZiKlm~ef5W(Ta$QasebnE{(WBE> z%~|}WIvjXejf7Cey8Ao25RX}PQcSKvZV)!gd`=esDwl=e&jYT<^{{;Xm^A!1>olcZ zzAPV5F(m1W4*E5g%xx6kbX*?UjvqWx^@a<*jL|*o#+Z~`UuC4BNRd~>3)V#Bm}qRF zJEgx|`!B60wKhL|=vtDsMweBFt!@8G+oD436z3$5p~>50m%Gm5m45z|rA7=wc1h?6 zTq_o`tXhd#G!!n4&Q!hl`i+ayI*|Yl1IK;*D9j~;+`6HeI)vJ2iFEa<+N)L-^t0M3 zZ7l241jkYZuAdPaJS91GB2tS*l8`<|$eI*UKq}*tg`-d8Wi7r{3+-pZ-4zq*TnQRjq*X>) z-0j}?iC*{m8dXAC!)?%G6`i+@{l6hKPSdT-mEGrs4R_?O#6!x*%1j z1uq<2YVPRks=T&HU){CPWAR_CU}x8qmp%*^zA~^teih@n)2g=8nPq}qPf_*S7gUtJ zMNo;}`61gnYP8A3kT_bfB()!V9QyRe&HxRKR()r&&o1mT49%ZJBygei0#r~XFgX#; zII}8(#CN!cy`HZs&=gLjoUy_qCI!m1A8*A}={b-g@ZCg;zw%O0{B`$fQIGejq0rYd z7@BH*j1;{pKRV@EAo2*-H5=YsezZGhS%0u1Ommm3zkFZ#37!mbc+uoMr*;jjR^;jQ z=Ws9($fI*@l_h(Y9e?TbgWl48*CJXvfV@HP2>B%~V}#ph$iR`1ofc|vRfQ08uk`f$ zhtJ(jBk7jiTRqHlS()|Cn8okV zT^8y6=i=&zM?_v%k^&E8`@)8wA`askhbd0=j&o;dWqVP_k%UwVkfuKvD=i!2SD7a> zt9C}FrNzvUc1^SIb_Av-$ExDY!v$UjQLNp2j^Z7fWv~DnXgchkyt-4>y!Hht z(@RM)^;h!*ED!NoafdiVWLpIg&ALv1xVF1TzN`oHSu}{uKFG{TAPq#Tj%s#yTG+)B z9ftF`Z^8-5FqzH@>WGc)C@VUf@69X-#Sdm-&j64V-h?vSWxhUr`iPacc~ zDTP}W0?T(y7w5(2NzziP^z?k_8QH`%x`N)%bR0DjKiGXjFO7)rz8vr~lS$roskiQa zM4IuE+tv_EOXKib8(^0wmPg!OV{hB$W*0Mn{1&b3fCe0Y2A2jv5rpC=mq)%Pa`4)B zDCMW!bmfXFc#nC^OEgco|M9TCmMW)acqLdSEnn};6&C@=<2R?l(+rvaB}f7vCE>5i z~S1PS-UqtHo79wC`x5<3Z;}x{yzTxn1r#(D@G%ffs%_ zhOVUbYVo3riyOU=7*)?!!JVDr``wG7NONQdJoN*ZwGj&j+|f(+ROoCPSED67o*Rhi zTeZS0mJ{`Y>;$nn!do&0s5*J?0tceHkSU@W-zmMkgv0z>4E+Ww*~Q9$&;FfOt)(H- zUZb57im=n0@#a+EW{g9f?5$^1P-A;gr-eOyYB8NLJ2At4(5H8XWL|lMSqS`W)YLo! zlDlPb_@pz$`O77ZmTE|qT0(a{7iW|0Vz>VxP;A+lLOKcWvz>F#C`)hRvqk_%>69n`JF(HirZcrZ(>0)@BkA_^ z0o^b4y}xePV{bOLwAy%g-I&Bs;=Boak^4qkiB=39u>$J>2F#qcv;FswO~nbtuZIRx zaYls*il!Cw#akD7YerCnl$XE*_gvjnZG5V+y=eZ+bcE7JR zn+k`pYBnONtelL~#?{{JlDYlkJf>jSHf*nj^8_0k`=TFymH=hqoy80jB$_VD_hH_Oiq~H#1?LwEEGPI$ zY=SLre}v1&h#xVusWRI;iXcaeYm6Oc3{*McIZ$g&RUzh0s7A4|k_C14?8GVa=f^c0 z|9*r08w{e&GD`)7oYXbil>X2mOr6^h*=*iU7W-3~sau?7z0#95x8UwyqIfEj4!98Bd0O85UcL*i9>Ep-#ex%9ae; z_ICyW`kHYq?~gf`OH%f$vHQ$hlC*{&mDIJ+p@TjZlNj+oWo2uQ5|v`C3RVI7oAI&J06%&>H z4k2~8vhZd1(l==$+-*bj?GhD!x#mxAcC0H7C|lv?iByQLO_hCaXK$Vt))e+*`uecE zfR!$~R(f!%d`@LVLo%lvomSi`Q7MqJA!j;r32;^m#}hb&@e*P{NVJLYJ;!@{4Q99QkZ*#|7N~hnrceQ zR6Yi#I#77*lk3Uv;5Z8?eVGQO&pL`7*39w|0htOR9@(VFhN|v+!hEMYvzL^^4MagFQ z(9{E|jmAxfZnoNSObGUngpg$HQCABrRT&!qvYbx zl_Fs4kw!Xca-gJ%Sa3Ap6#UUhWlVt|qQ_+o1rc6c(kqIosEqnBZy>><)t_=cVySmYx3o;E5zgvK9&G48 zI0EZJ`}Q*Lq_iP2CtLaO*agwksPt|WqLq!1I!jo0i4NQr^D=g#a&Fd4diyB_<`VHK zD@CF4#bT}&JDe>khL`X=&$Z@jMBCYFa!=5TMplL=r0t4!$P<_Pd)j*>KVIr?t z{UWgl#2hgd7$iKH`+@GO9i_m8-6m^ULEsWeb`;SG38yvd*=HYVoBd1LK0#xg!ON=& z{kFI%iHQU2XOhtP+Y=Z`>;?-vsT;q_ctgm@!ODq`Tc!$1HuVw{B z&cxpl9{gULrU+If*E5=vGX^%BzY8TUF+B4J(&4VlfCk8DqkoRBj)|Tl(?{uQns6U;IgVV+AZK95WTTeUZy)fc#L0<>EgpvhjhlAsw}YxdsG;basFAdE zH61=u|0dZK1P-5HzzLrdAjHVxn^ngXq5eZ~!0l&jw88Gp(j|R^@1@cvg(729n3GzA z&MIxt&(R>eq6`zSa0HKq&_OC?{n2T+TaAld%}Z4g(1GA=i6Ayv|Gl6){HeR-!B_dA zuSG%qCvxNM1T8M0%N`;wX6*T#kwCz=t^6+$WG|+8X)*1lCHZp zpA>%$NT7Yi9j1jK(skoFh+NMqln!4ayKnv_-Xr-2Qhyk@e2X{<+z-TNxWXk2*H#`bB~syxc18qKVNPDMry zs>yVG>L%Uwq6FD8@tcxh2f;xY!)BX01g{heGAqTSBZh z>g@#>HOu1OI>F&97aiVw$k=aAzFNev$Rb$|ZVpniX)CB}#DS*czuF%^w zn~4`5C3|hAie_VG@hKwbj712)8*n{KhYfY5;xOc)eQN5DxSM~5JclUb*-Bj%9=kl7NXjh_p}Hw}y^%?X|YDyhw9EPiWlCoI?A z=k1I1AJ+du$Pn&F$!G|C4Ch4CD34OsGA8#kf~i2SQy*i#$?YZnPMEpNSaFj<;T|PG zEWxEsnX$(Ko*Z$=CSlbs`QQ|r1Ks7A;5FiH5=FJlTkL81GH2uXlX96EDY&I} zo-9ngbkBQQvHmZVI0M?|#Ba;e%PGDw4HICN`A=2DZy?^u-FAf2u=2(!c={<|7L41zPU3v7D<*eAH`-VkzJ?G-&69$#Nj>*9aK3Pn5^g zQ5Ot2ldDw-8}>Cc?#9EO zS5#T4LPmRGOEV?1;+TAriGJTb-1rvtfGU4qn|szEt!p)T55nCII(3Nd$*IxRJpOem zK;wb%&2B6-5W^zxn*FP zSE59Q#)11YhFjdS+%oN#=1=XZxu8q9RnBtEvfUFa?+_WpAQ|gbKU%;1xx&3nJ6mWO z<=P`Rq%oCU4FttiL|5PPQ*H+nX(mrTp9fh|Z&0RY*IG4qs~t3rHUFtIsegLs8vjrN z!f7n=7XM5+fa5(l{H+B;$_I3_#m3(_VcX!%*jo9GpqWczy}Mdzr9+bFN(hvcs~QjZ zQbyt_`lL*7(dui%WmxdKm9?$FeK}23Mzy~AE4U9QKG~l?S!V!CN?=*r+n-(J*VN^H z8Sv!e^-DJ)H|M7)K?jJ^vgp}yv@d6wbI$w2WxVH4%0#^sphhm~u8s@_2ij!5*hI*# z8|QWJ#mB$h?8gDNSUY9joP5~=*m{H$x#-pnrB3qzU;U;6|a|@xtKfzqiN;~ z11OrBuP%H(Vp!Xw^}61iq6^&aT@zWwg>XGr#9l5WjjH1Jv+62&*DinwEg>V z0(~d{R^zR5u@HTtcS3PD`>gTS;r*k#LNB)G#faOxw~>>{^H~ZA9p7w&OFgc z^v+WWe+5#pnOXj`xu>+k&U5ti@82c-<&!7j(^mXAnS^pt(I??oR?K{54D#f6zxN8V zGG$N3MvCiW%NP_Sk}2*wva)?~o6Fw0OS|WN{`$;{V4XK0t}^I#dq3<_^%GQ!Ypp~y zDUH+R5^PI1ATfg=7K>4q9eTe9Fd}o7IYII-c7EJW!=t*|7P@J0(NYbj53juXTJsq` z>BbG}#SJ2k;*%k#s-WnxT4Bu|uxT?7xjyf?>Y8fEl$)4OFSv5R|UJ z-kM4tSv3X~*HnKDG9U!wkp> zX!y7VhWz(hl0mm?W!W83W4+WgNJe_Tb9aesOLI4=FXrhjL#A$AI-SIfFWoya;NfcQ z=o86X9N$?-tMZ(yL7S@p~Kck_3HP2z%;7^l0Z<6#%3 z^o+>%zREqW^@}bp*N?0~9!_G?aZtklDNLzObSvdwp5Ag*B#$v)&g3;yE0sz$S4|UlLl;)T{ zud74N!}&DB3lbGlQGrj;$y9D0q*B+j7TIj5>e@|08WAY4O5+Ho*`mNV_^zVJTwA&* z{jOu6x?QXKL6mu|0u)9XExCWiW`FiBHR23HeZ_~x8*>$Pqf@Airtpb6**Qwa$!xlT z4LYWRKApTfVAvUZ3cSYLwC8$v@RWx=|C>?#=Ob;wXMUrNvU1O+DNA5&V*@k6UpH~Q z3`!bq<1PGyR2u21?lOV_*29rYecMqM8-q~}hEn@0WN|n@uZ(ZoX2o8U?nQ@Z%}qk@ zv|J5M576*yFnzAE@NqUD{=-N_Rt)UOTPftBvX@e}XFDe`4EY@qyz3+W5Ahc>tdPdl z^>Q_>i|j6903lHYzl@)fX1|Z`&RWwGUX1#iVR@%->APdQ1|Ri7K^Se za5EdfDL^#nb>sAiwBWN)qH(v%Y$RS$P9GZ7CgFKBy&P|?@bwB;vt#}>6q17ukK*|7 z!@t#}Il>yQVu-fakUhugIZHtG?`v5+GeL{z`TKaXb#y3e$G6{;YIIN_Pt2ec z9ggucZb1|)bmV|x_UZ9(hicM_$e3AxZpcLO``wagf%@R7NpF>$HRk;!S-ZyMNoDfE z`T54i63V<*yY!u(h+7^qW?Gg&_nlEqe=6X%gE_>7C1b*XQs{ZPSF9QXVV!r`d*ErK zcV}M0zv=+=UDnD5^_w?sU9*Id2AB7sU}Nx>S1P*vqM0L0W_O!w1%`t2`Z+;|M3Knf z3sWb@2NIUZNlLI=o0hm0bvIZHZ%L=>>KiH@*y5 zBXo1)SyqoRj){~`?~ z&tHt{?F@}9?H?)~^`HdBV~5csGI7nRkSEH&mn{kVq+l^C3dl-xj z>&F~|jzUL0;goL#Ck;krmWK6CnJohV{38|sV!?i!xp*-Odp+P zr4co|S}tsKe&ERZcz6+9FJnl5gpPY;hu%JPEo@uSLVkqSFMJH=bwBm&3agzIA?s9k zztse;nSg1?ZJe%_%@Q&zRdVcq^wf5-e{DSAm-!O3d5CeYfI)k-q7PI*Jga9_{M=3L zhlNc*p@CcDZb^eNL>2p;@+y%5} zTCX7&mp?D6t4bd-U*A|sb(6nfm>TaqdpvYwO(7Wv1nlu_bx|pKTYmV+HyzcniY8&%EjhxLR2HA1Ic8yy$R13_yL&srN+@PObo+%0_fCwB=FQBNcf!Im zAO9~xM$&Vc8s5z z72Qp*aXeioqxr0Zc`B-WryqHN#Ax z89txN;52X1slBG%+%}FAh-O`#lPG`*UirGU=&P#hg+XDR6*zydDeD-lN{M(ACs#Ym zt{axQ&hkb#4w7-YORAH4a8O7vJbGPqW8~{-79bkmccEEtY^(R+&HP*ec5_wKrq$Y; z)1@UPRgBNdT4H>O^VG33;_55~d9#g$wX+n`fr$|0*>qAIUq8|@B*=6nlC2OI>h4fP zllF^AA8>6oJs+ z=#?5eNI#UErOFb0i z2}d9*CcR@Y3?fx0T`){+N}C9{f5SKLriM&z2pEbo~7k1t*^oh<)-!kd}(zfO1yIXRl! zf+(pNRDh0FCZE5`PKFjHMvk8;kxwv?fD6#k9AN%AJq`kym{Kt)f^3bQ zj7&h3cE+avBY}*Gn~N>T*nyG??%(eOw6zia1ONdjMY)+7nHiawK2J_&b~aWzMm7pY zMv6~5Ia}lZjYI`xU}tAy{D~$quyQbgV^CBPQ>Pbqva&KXu(A0>8Bwa3104XL-%q(d z#ij+Qnt&WWSp!(;nOK?FxIP)uG1IftG10R!(laxC(trLpS)j8C;2)u=0G4(Jj^+*~ z1_0;(sK-vvLeEU~4`AtEuqf6~pwoZCqW)ip0n5MK1NJc6L z%U8P47k&k^1`+8x7&cXZoG3yuELZQ&d1X%wDLQ=6Vd*Sm3?(37P(njO97yKDSCLm4cxlYj%zm45?^ zF6ChRpSl#se`^wTB@HeQwNSg8R-7m(5#$r3~B%^CIAb7>9bJD z*4FW}knQspO8?X_wf)Tf(?|cwi2}5EMcGA!Iaq}`#aY>ynV6Ww#M#-{Sy&j^#F$yd zxj2Lw`2qhs$tRzGN3a3dS^mRy^Z)TQ2;!xzB7b22nshnuq+@H~p1e8J*3>kj5J^Pb zPfD|ZftRu-CH+-bn*ih76*AyIAn!krr&SvxNouI(UsGR_i16UXp^$Zvag+U#@$vSK zEc}Qi64Ki@aOaB?0x%)owV(x$!+8W-1aI;^%RxGYK&#M#tD_~gIa;!+30(4K6mR`j z0l|f-)UVl$Ujas=!ST)6zcFIZpH~rPRFJC#j0~_Lysl>bv&V=}9fk5MLe8A<5(8bS z@rZa$Y8{-4GNPZ8KA#a=P7(-D75bP;qK4HRIudh6tAK?(fJ(xc#svVjnVbRh+U#Q&9OJR0#K`Xg^vhbJ;l8M z3q!NTQBKv^;JvV7v9FIvBUIx!uVSv^JfPxF#YcO^s?~E=Mc=7(bj8f+yQN0r(vCx& zMZMWl9d13Af^nm1clOvZt@GsQG2O&_44b;AyT*d~)ee-#GHTFl>A2y|GzLqt^AgwMHdGXg`hS1D92^Zmj;^1>E*uLxBP$a-92uFIf;im& E0WdbNcK`qY diff --git a/docs/NARK/LaTeX/economics.bib b/docs/NARK/LaTeX/economics.bib deleted file mode 100755 index e69de29bb..000000000 diff --git a/docs/NARK/NARK-Add.bib b/docs/NARK/NARK-Add.bib deleted file mode 100644 index e69de29bb..000000000 diff --git a/docs/NARK/NARK.dep b/docs/NARK/NARK.dep deleted file mode 100755 index 65adf3ef3..000000000 --- a/docs/NARK/NARK.dep +++ /dev/null @@ -1,109 +0,0 @@ -\RequireVersions{ - *{application}{pdfTeX} {0000/00/00 v1.40.25} - *{format} {LaTeX2e} {2023-11-01 v2.e} - *{file} {@resources/tex-add-search-paths.tex}{0000/00/00 v0.0} - *{class} {@resources/texlive/texmf-local/tex/latex//econark}{2024/06/04 v0.0} - *{package}{snapshot} {2020/06/17 v2.14} - *{package}{ifthen} {2022/04/13 v1.1d} - *{package}{changepage} {2009/10/20 v1.0c} - *{package}{currfile} {2022/10/10 v0.8} - *{package}{kvoptions} {2022-06-15 v3.15} - *{package}{keyval} {2022/05/29 v1.15} - *{package}{ltxcmds} {2023-12-04 v1.26} - *{package}{kvsetkeys} {2022-10-05 v1.19} - *{package}{filehook} {2022/10/25 v0.8b} - *{package}{filehook-2020}{2022/10/25 v0.8b} - *{class} {scrartcl} {2023/07/07 v3.41} - *{package}{scrkbase} {2023/07/07 v3.41} - *{package}{scrbase} {2023/07/07 v3.41} - *{package}{scrlfile} {2023/07/07 v3.41} - *{package}{scrlfile-hook}{2023/07/07 v3.41} - *{package}{scrlogo} {2023/07/07 v3.41} - *{package}{tocbasic} {2023/07/07 v3.41} - *{file} {scrsize12pt.clo}{2023/07/07 v3.41} - *{package}{typearea} {2023/07/07 v3.41} - *{package}{fontenc} {0000/00/00 v0.0} - *{package}{babel} {2024/02/07 v24.2} - *{file} {english.ldf} {2017/06/06 v3.3r} - *{file} {babel-english.tex}{0000/00/00 v0.0} - *{package}{amsmath} {2023/05/13 v2.17o} - *{package}{amstext} {2021/08/26 v2.01} - *{package}{amsgen} {1999/11/30 v2.0} - *{package}{amsbsy} {1999/11/29 v1.2d} - *{package}{amsopn} {2022/04/08 v2.04} - *{package}{amssymb} {2013/01/14 v3.01} - *{package}{amsfonts} {2013/01/14 v3.01} - *{package}{amsthm} {2020/05/29 v2.20.6} - *{package}{xpatch} {2020/03/25 v0.3a} - *{package}{expl3} {2024-02-20 v3} - *{file} {l3backend-pdftex.def}{2024-02-20 v3} - *{package}{xparse} {2024-02-18 v3} - *{package}{etoolbox} {2020/10/05 v2.5k} - *{package}{cancel} {2013/04/12 v2.2} - *{package}{verbatim} {2023-11-06 v1.5v} - *{package}{dcolumn} {2023/07/08 v1.06} - *{package}{array} {2023/10/16 v2.5g} - *{package}{hhline} {2020/01/04 v2.04} - *{package}{xcolor} {2023/11/15 v3.01} - *{file} {color.cfg} {2016/01/02 v1.6} - *{file} {pdftex.def} {2022/09/22 v1.2b} - *{file} {mathcolor.ltx}{0000/00/00 v0.0} - *{package}{accents} {2006/05/12 v1.4} - *{package}{appendix} {2020/02/08 v1.2c} - *{package}{datetime2} {2021/03/21 v1.5.7} - *{package}{tracklang} {2022/12/13 v1.6.1} - *{file} {tracklang.tex}{2022/12/13 v1.6.1} - *{package}{xkeyval} {2022/06/16 v2.9} - *{file} {xkeyval.tex} {2014/12/03 v2.7a} - *{file} {datetime2-english.ldf}{2019/10/21 v1.05} - *{file} {datetime2-english-base.ldf}{2019/10/21 v1.05} - *{package}{eucal} {2009/06/22 v3.00} - *{package}{url} {2013/09/16 v3.4} - *{package}{optional} {2005/01/26 v2.2b;} - *{package}{natbib} {2010/09/13 v8.31b} - *{package}{footmisc} {2023/07/05 v6.0f} - *{package}{manyfoot} {2019/08/03 v1.11} - *{package}{nccfoots} {2005/02/03 v1.2} - *{package}{perpage} {2014/10/25 v2.0} - *{package}{setspace} {2022/12/04 v6.7b} - *{package}{@resources/texlive/texmf-local/tex/latex//econark-multibib}{2024/06/08 v0.0} - *{package}{wasysym} {2020/01/19 v2.4} - *{package}{@resources/texlive/texmf-local/tex/latex//econark}{0000/00/00 v0.0} - *{package}{subfiles} {2020/11/14 v2.2} - *{package}{import} {2020/04/01 v6.2} - *{package}{hyperref} {2024-01-20 v7.01h} - *{package}{iftex} {2022/02/03 v1.0f} - *{package}{kvdefinekeys}{2019-12-19 v1.6} - *{package}{pdfescape} {2019/12/09 v1.15} - *{package}{pdftexcmds} {2020-06-27 v0.33} - *{package}{infwarerr} {2019/12/03 v1.5} - *{package}{hycolor} {2020-01-27 v1.10} - *{package}{auxhook} {2019-12-17 v1.6} - *{package}{nameref} {2023-11-26 v2.56} - *{package}{refcount} {2019/12/15 v3.6} - *{package}{gettitlestring}{2019/12/15 v1.6} - *{file} {pd1enc.def} {2024-01-20 v7.01h} - *{package}{intcalc} {2019/12/15 v1.3} - *{file} {puenc.def} {2024-01-20 v7.01h} - *{package}{bitset} {2019/12/09 v1.3} - *{package}{bigintcalc} {2019/12/15 v1.5} - *{package}{atbegshi-ltx}{2021/01/10 v1.0c} - *{file} {hpdftex.def} {2024-01-20 v7.01h} - *{package}{atveryend-ltx}{2020/08/19 v1.0a} - *{package}{rerunfilecheck}{2022-07-10 v1.10} - *{package}{uniquecounter}{2019/12/15 v1.4} - *{file} {t1cmss.fd} {2023/04/13 v2.5m} - *{file} {t1cmtt.fd} {2023/04/13 v2.5m} - *{file} {umsa.fd} {2013/01/14 v3.01} - *{file} {umsb.fd} {2013/01/14 v3.01} - *{file} {uwasy.fd} {2020/01/19 v2.4} - *{file} {ueuf.fd} {2013/01/14 v3.01} - *{file} {ueus.fd} {2013/01/14 v3.01} - *{-------}{Document-specific files:}{----} - *{file} {supp-pdf.mkii}{0000/00/00 v0.0} - *{file} {NARK.out} {0000/00/00 v0.0} - *{file} {NARK.out} {0000/00/00 v0.0} - *{package}{bookmark} {2023-12-10 v1.31} - *{file} {bkm-pdftex.def}{2023-12-10 v1.31} - *{file} {NARK.bbl} {0000/00/00 v0.0} -} diff --git a/docs/NARK/NARK.tex b/docs/NARK/NARK.tex deleted file mode 100755 index 92b046c0c..000000000 --- a/docs/NARK/NARK.tex +++ /dev/null @@ -1,402 +0,0 @@ -\input{@resources/tex-add-search-paths} % allow latex to find custom stuff -\documentclass{econark} -\usepackage{econark-multibib} -\usepackage{wasysym} -\usepackage{econark} -\usepackage{hyperref} -\begin{document} - -\newcommand{\texname}{NARK} - -\title{Suggested Variable Naming Conventions \\ in the Econ-ARK Toolkit} - -% \forcedate{2024-06-03} % Update for SMDSOPs-BST harmonization -% \forcedate{2021-02-25} % Updates for HARK 1.0 release -% \forcedate{2020-02-26} % Add sav, modl; other tweaks -% \forcedate{2020-06-29} % Update date; shorten ALevBF; add -% \forcedate{2020-06-30} % NARK: Minor tweaks -% \forcedate{2020-07-01} % Version posted by doEvertyhing.sh -% \forcedate{2020-07-02} % Add conventions for marginal value and utility -\date{2024-06-08} % updated with econark.sty -\vspace{2in} - -\keywords{ARK, Variable, Function, Object, Operator, Naming, Guidelines, Conventions} -\jelclass{None} - - -\maketitle - - -\begin{abstract} - Sharing code is easier when different contributors use similar names for similar objects. While we will not enforce the - recommendations below, contributors can make their code more attractive to others - by using names consistent with our guidelines. -\end{abstract} - -%\centerline{html version at \url{https://econ-ark.github.io/HARK/docs/NARK}} - -% \thanks{The \texttt{NARK} repo that generates this document also contains \LaTeX~configuration files that permit you to use the same name for an object in your writing (your \texttt{paper.tex} file) and in your code (helping to minimize confusion in translating between paper and code).} - - -\pagebreak - -\section{Principles} -Our aim has been to balance: -\begin{itemize} - \item Brevity - \item Mnemonicity - \item Uniqueness (enabling global search-and-replace) - \item Ubiquity (definitions useful for many projects) - \item Combinatoriality (which encourages mashups) -\end{itemize} - - -\pagebreak - -\section{Variables} - -\subsection{Single-Letter} - -We strongly discourage the use of single-letter variable names. Reasons are presented \textit{ad nauseum} in introductory CS texts (which, we know, few economists consult); here we will note only that the extent to which your code will be influential depends upon the extent to which someone else can easily read it, which is harder if you have used variable names which could mean almost anything. (We have made careful choices for the `default' meanings of each Roman letter (see below); hence, in the context of the toolkit, use of a single-letter name for any meaning other than the designated one will be doubly confusing). - -It is only slightly less objectionable to name a variable after a familiar letter in another commonly used alphabet (say, \texttt{delta}). Your future self (and other users) will not know which of the many possible meanings of $\delta$ you had in mind. - -But, because brevity is a virtue, a single letter \textit{in combination with a modifier or two} (`\texttt{hMin}' as the value of minimum human wealth, say) is fine -- so long as the reader has some reason to expect that the lower-case letter \texttt{h} signifies human wealth (as they will, if they consult Table~\ref{table:RomanLetters}). - -That is the spirit in which we offer preferred interpretations for the Roman letters below. The upper case version is an aggregated version of the variable (at the level of the whole economy, say, or of the whole market being studied), while the lower case indicates the level of an individual consumer or firm or other subaggregate entity. - -A few exceptions to these rules are explicitly noted below the table. - -When an alternative is needed with a meaning similar to, but distinct from, the definitions below, please use a multi-letter name to represent it. For example, please do not use $W$ for wealth (if some measure of wealth that differs from $\ALvl$, $\BLvl$, $\HLvl$, or $\NLvl$ is needed); instead use, say, \texttt{Wlth} or \texttt{Wealth}. (Some examples follow in a subsequent section). - -Finally, a few of the definitions below are actually prohibitions; these are based on many years of experience which have shown that use of the prohibited variable name generates more confusion than clarity. - -\hypertarget{RomanLetters}{} -\begin{table}[ht] - \centering - \begin{tabular}{|lcl|} \hline - Letter & & Meaning - \\ \hline - A & & \textit{A}ssets \textit{A}fter \textit{A}ll \textit{A}ctions \textit{A}re \textit{A}ccomplished (end of period) \\ - B & & \textit{B}ank \textit{B}alances \textit{B}efore any \textit{B}ehavior (\textit{b}eginning-of-period) \\ - C & & \textit{C}onsumption \textit{C}hoice \textit{C}onnects $B$ to $A$ \\ - D & & \textit{D}ebt \\ - E & & PROHIBITED: Too many possible meanings (expectations, effort, expenses) \\ - F & & Production \textit{F}unction \\ - G & & \textit{G}rowth \\ - H & & \textit{H}uman wealth \\ - I & & \textit{I}nvestment \\ - J & & Ad\textit{J}ustment costs (e.g., in a $Q$ model) \\ - K & & Capital or beginning of period nonhuman assets \\ - L & & PROHIBITED: Is it Labor or Leisure or Land or ...? \\ - M & & \textit{M}arket resources (the sum of capital, capital income, and labor income) \\ - N & & \textit{N}et wealth including human wealth ($=B + H$) \\ - O & & PROHIBITED: Too similar to the number 0; too many possible meanings \\ - P & & PROHIBITED: Is it prices, permanent income, present value, profits, ...? \\ - Q & & Hayashi/Abel $Q$ (or similar asset price) \\ - R & & \textit{R}eturn (see the variants articulated below) \\ - S & & PROHIBITED: ``saving'' (flow)? ``savings'' (stock)? or the ``saving rate'' (ratio)? \\ - T & & This is a tough one. See the discussion below. \\ - U & & \textit{U}tility \\ - V & & \textit{V}alue \\ - W & & \textit{W}age \\ - X & & e\textit{X}penditures (as distinct from consumption; e.g., for durables) \\ - Y & & Noncapital income (usually, the sum of transfer and labor income) \\ - Z & & Lei\textit{Z}ure in consumption/leisure tradeoff \\ - \\ \hline - \end{tabular} - \caption{Preferred Usages of Roman Letters} - \label{table:RomanLetters} -\end{table} - -\subsection{Exceptions to the Rules} - -The letter $\TLvl$ is an exception to the rule that lower- and upper-case versions of variables are individual and aggregate quantities. We reserve the capital letter to designate the end of the horizon (death, or the end of the economy, occurs at the end of period $\TLvl$). The lower case version $t$ is so ubiquitiously used as the current time period that we follow that convention here. - -Finally, the following are exempted from the prohibition on single-letter variable names because they are used so frequently that the prohibition would be more trouble than it is worth: $a$, $b$, $c$, $m$. - -\pagebreak - -\subsection{Standard Variable Names} - -There are more objects that are likely to be used extensively in ARK projects than there are Roman letters. We present preferred usages for some of those commonly-needed variables here. - -\hypertarget{Standard-Variable-Names}{} -\begin{table}[ht] - \centering - \begin{tabular}{|rcl|} - Name & - & Description - \\ \hline - \texttt{CND} & - & Consumption of Nondurable Good - \\ \texttt{CNS} & - & Consumption of Nondurables and Services - \\ \texttt{Cst} & - & Cost of something - \\ \texttt{Dgd} & - & Stock of durable good - \\ \texttt{Dvd} & - & Dividends - \\ \texttt{Hse} & - & Quantity of housing (\textit{not} value, which is quantity $\times$ price) - \\ \texttt{Inc} & - & Income - \\ \texttt{Nlq} & - & Quantity that is \textbf{N}ot \textbf{l}i\textbf{q}uid (e.g., $\mathtt{aNlq}$ is illiquid financial) - \\ \texttt{Lbr} & - & Quantity of labor (hours) - \\ \texttt{Pop} & - & Size of population - \\ \texttt{Sav} & - & Saving (=Income Minus Consumption) - \\ \texttt{Tax} & - & Tax -- should be modified by \texttt{Rte} or \texttt{Amt} articulated below - \\ \texttt{Perm} & - & Permanent (labor; or at least, noncapital) income - \\ \texttt{Tran} & - & Transitory (labor; or at least, noncapital) income - \\ \hline - \end{tabular} - \caption{String Variables} - \label{table:Standard-Variable-Names} -\end{table} - - - -\section{Factors and Rates} -When measuring change over time, lower-case variables reflect rates -while the corresponding upper-case variable connects adjacent discrete periods.\footnote{This - convention rarely conflicts with the usage we endorse elsewhere of - indicating individual-level variables by the lower and aggregate - variables by the upper case.}$^{,}$\footnote{If there is a need for the continuous-time - representation, we endorse use of the discrete-time rate defined below. Any - author who needs a continuous-time rate, a discrete-time rate, and a discrete-time factor - is invited to invent their own notation.} So, for example, if the time interval is a year and the annual interest rate is $\rfree=0.03$ or three percent, then -the annual interest factor is $\Rfree=1.03$.\footnote{In the rare cases where it is necessary to distinguish between a continuous-time rate and a discrete-time rate -- for example, when there is an analytical result available in continuous time -- the variable in question can be modified by \texttt{Cnt} or \texttt{Dsc}.} - - -\begin{table}[ht] - \centering - \begin{tabular}{|ccc|} - \hline - Code & Output & Description - \\ \hline - \verb|\Rfree| & $\Rfree$ & Riskfree interest factor - \\ \verb|\rfree| & $\rfree$ & Riskfree interest rate - \\ \verb|\Risky| & $\Risky$ & The return factor on a risky asset - \\ \verb|\risky| & $\risky$ & The return rate on a risky asset - \\ \verb|\Rport| & $\Rport$ & The return factor on the entire portfolio - \\ \verb|\rport| & $\rport$ & The return rate on the entire portfolio - \\ \verb|\RSave| & $\RSave$ & Return factor earned on positive end-of-period assets - \\ \verb|\rsave| & $\rsave$ & Return rate earned on positive end-of-period assets - \\ \verb|\RBoro| & $\RBoro$ & Return factor paid on debts - \\ \verb|\rboro| & $\rboro$ & Return rate paid on debts - \\ \hline - \end{tabular} - \caption{Factors and Rates} - \label{table:Factors} -\end{table} - -We depart from the upper-lower case scheme when the natural letter to use has an even more urgent use elsewhere in our scheme. -A particularly common example occurs in the case of models like \cite{blanchardFinite} in which -individual agents are subject to a Poisson probability of death. Because death was common in the -middle ages, we use the archaic Gothic font for the death rate; and the probability of survival is the cancellation of the probability of death: -\begin{table}[ht] - \centering - \begin{tabular}{|>{\ttfamily}cccl|} - \hline - Code & \LaTeX & Description & \\ - \hline - \verb|\DiePrb| & $\DiePrb$ or $\cancel{\Alive}$ & Probabilty of death ($\DiePrb=\Alive-1$) & - \\ \verb|\LivPrb| & $\LivPrb$ or $\Alive$ & Probability to not die $\Alive=(1-\DiePrb)$ & - \\ \hline - \end{tabular} - \caption{Special Cases: Factors and Rates} - \label{table:SpecialFactors} -\end{table} - -\section{Parameters} -Some parameters are worth defining because they are likely to be -used in a high proportion of models; others are subject to enough -constraints when used (such as the need for similar-looking upper- -and lower-case Greek representations), as to be worth standardizing. - -Programmers should -use the corresponding variable name without the backslash as the name of the corresponding object -in their code. For example, the Coefficient of Relative Risk Aversion is $\verb|\CRRA|$ in a \LaTeX -document and \texttt{CRRA} in a software module. - -\hypertarget{Parameters}{} -\begin{table}[ht] - \centering - \begin{tabular}{|>{\ttfamily}rcll|} - \hline - Name & \LaTeX & Description & Illustration - \\ \hline - \verb|\CARA| & $\CARA$ & Coefficient of Absolute Risk Aversion & $\uFunc(\bullet)=-\CARA^{-1} e^{-\CARA \bullet}$ - - \\ \verb|\CRRA| & $\CRRA$ & Coefficient of Relative Risk Aversion & $\uFunc(\bullet)=(1-\CRRA)^{-1}\bullet^{1-\CRRA}$ - \\ \verb|\DiscFac| & $\DiscFac$ & Time Discount Factor & $\uFunc^{\prime}(\cLvl_{t}) = \Rfree \DiscFac \uFunc^{\prime}(\cLvl_{t+1})$ - \\ \verb|\discRte| & $\discRte$ & Time Discount rate & $\discRte=\DiscFac^{-1}-1$ - \\ \verb|\DeprFac| & $\DeprFac$ & Depreciation Factor (Hebrew \texttt{daleth}) & $\Kap_{t+1} = \DeprFac \Kap_{t}+\ILvl_{t}$ - \\ \verb|\deprRte| & $\deprRte$ & Depreciation Rate & $\DeprFac = 1-\deprRte$ - \\ \verb|\TranShkAgg| & $\TranShkAgg$ & Transitory shock (aggregate) & $\Ex_{t}[\TranShkAgg_{t+n}]=1$ if $\TranShkAgg$ iid - \\ \verb|\tranShkInd| & $\tranShkInd$ & Transitory shock (individual) & $\Ex_{t}[\tranShkInd_{t+n}]=1$ if $\tranShkInd$ iid - \\ \verb|\tranShkEmp| & $\tranShkEmp$ & Transitory shock (individual, employed) & $\Ex_{t}[\tranShkInd_{t+n}]=1$ if $\tranShkInd$ iid - \\ \verb|\PermShkAgg| & $\PermShkAgg$ & Permanent shock (aggregate) & $\Ex_{t}[\PermShkAgg_{t+n}]=1$ if $\PermShkAgg$ iid - \\ \verb|\permShkInd| & $\permShkInd$ & Permanent shock (individual) & $\Ex_{t}[\permShkInd_{t+n}]=1$ if $\permShkInd$ iid - \\ \verb|\PopGroFac| & $\PopGroFac$ & Population Growth Factor & $\mathtt{Pop}_{t+1} = \PopGroFac \mathtt{Pop}_{t}$ - \\ \verb|\popGroRte| & $\popGroRte$ & Population Growth rate & $\PopGroFac = 1 + \popGroRte$ - \\ \verb|\PtyGroFac| & $\PtyGroFac$ & Productivity Growth Factor & $\YLvl_{t+1}/\YLvl_{t} = \PtyGroFac \PopGroFac$ - \\ \verb|\ptyGroRte| & $\ptyGroRte$ & Productivity Growth rate & $\PtyGroFac = (1+\ptyGroRte)$ - \\ \verb|\GDPGroFac| & $\PtyGroFac$ & Productivity Growth Factor & $\GLvl = \PtyGroFac \PopGroFac$ - \\ \verb|\leiShare| & $\leiShare$ & Leisure share, Cobb-Douglas utility & $\uFunc(c,z)=(1-\CRRA)^{-1}(c^{1-\leiShare}z^{\leiShare})^{1-\CRRA}$ - \\ \verb|\MPC| & $\MPC$ & Marginal Propensity to Consume & $\cFunc^{\mNrm}(\mNrm)=\partial \cNrm/\partial \mNrm$ - \\ \verb|\APFac| & $\APFac$ & Absolute Patience Factor (\texttt{Thorn}) & $\APFac = (\Rfree \DiscFac)^{1/\CRRA} $ - \\ \verb|\APRte| & $\APRte$ & Absolute Patience rate (\texttt{thorn}) & $\log \APFac \approx \CRRA^{-1}(\rfree-\discRte) $ - \\ \verb|\GPFac| & $\GPFac$ & Growth Patience Factor (\texttt{Thorn}/{$\PtyGroFac$}) & $\APFac = (\Rfree \DiscFac)^{1/\CRRA}/\PtyGroFac$ - \\ \verb|\GPRte| & $\GPRte$ & Growth Patience rate (\texttt{thorn}-$\rfree$) & $\GPRte \approx \APRte -\ptyGroRte $ - \\ \verb|\RPFac| & $\RPFac$ & Return Patience Factor (\texttt{Thorn}/$\Rfree$) & $\RPFac = \APFac/\Rfree $ - \\ \verb|\RPRte| & $\RPRte$ & Return Patience rate (\texttt{thorn}) & $\RPRte \approx \APRte -\rfree $ - \\ \verb|\riskyshare| & $\riskyshare$ & Portfolio share in risky assets & $\Rport_{t+1}=(1-\riskyshare)\Rfree+\riskyshare\Risky_{t+1}$ - \\ \hline - \end{tabular} - \caption{Parameters} - \label{table:Parameters} -\end{table} - -Mnemonics: -\begin{itemize} - \item Hebrew \texttt{daleth} is the fourth letter of the Hebrew alphabet (as d and $\delta$ are of the Roman and Greek) and is an etymological and linguistic cousin of those letters - \item $\discRte$ is the lower case Greek letter \texttt{nu}, because newness is about the future - \item You are invited to scrutinize $\Xi$ yourself to imagine reasons it could represent something to do with population growth. - \item The glorious letter $\APFac$ (pronounced `\href{https://en.wikipedia.org/wiki/Thorn_(letter)}{thorn}') enriched Old English, Gothic, and some other defunct alphabets; sadly, it remains in use today only in Iceland. It is useful because having to type the many symbols in the object $(\Rfree \DiscFac)^{1/\CRRA}$ over and over again is a \textit{thorn} in the side of economists working with dynamic models! (It is the `absolute patience factor' because if it is less than one the consumer wants to bring resources from the future to the present and is therefore absolutely impatient; for a fuller discussion of this terminology, see \cite{carrollTractable}.) -\end{itemize} - - -\hypertarget{Operators}{} -\section{Operators} -A few operators are so universally used that it will be useful to define them. - -\begin{table}[ht] - \centering - \begin{tabular}{|>{\ttfamily}rccll|} - \hline - Name & \LaTeX & Code & Description & Illustration - \\ \hline - \verb|\Ex| & $\Ex$ & \texttt{Ex\_} & The expectation as of date $t$ & $\Ex_{t}[\uFunc^{\prime}(\cNrm_{t+1})]$ - - \\ \verb|\PDV| & $\PDV$ & \texttt{PDV\_} & Present Discounted Value & $\PDV_{t}^{T}(y)$ is human wealth - \\ \hline - \end{tabular} - \caption{Operators} - \label{table:Operators} -\end{table} - - - -\hypertarget{Modifiers}{} -\section{Modifiers} -\begin{table}[ht] - \centering - \begin{tabular}{|>{\ttfamily}lcl|} - \hline - \textit{[object]}\texttt{Agg} & - & Value of something at the aggregate level (as opposed to \texttt{Ind}) - \\ \textit{[object]}\texttt{Ind} & - & Value of something at the level of an individual (as opposed to \texttt{Agg}) - \\ \textit{[object]}\texttt{Lvl} & - & Level - \\ \textit{[object]}\texttt{Rto} & - & Ratio - \\ \textit{[object]}\texttt{Bot} & - & Lower value in some range - \\ \textit{[object]}\texttt{Top} & - & Upper value in some range - \\ \textit{[object]}\texttt{Min} & - & Minimum possible value - \\ \textit{[object]}\texttt{Max} & - & Maximum possible value - \\ \textit{[object]}\texttt{Cnt} & - & Continuous-time value - \\ \textit{[object]}\texttt{Dsc} & - & Discrete-time value - \\ \textit{[object]}\texttt{Shk} & - & Shock - \\ \textit{[object]}\texttt{StE} & - & Steady-state Equilibrium value of a variable - \\ \textit{[object]}\texttt{Trg} & - & The `target' value of a variable - \\ \textit{[object]}\texttt{Rte} & - & A `rate' variable like the discount rate $\discRte$ - \\ \textit{[object]}\texttt{Fac} & - & A factor variable like the discount factor $\DiscFac$ - \\ \textit{[object]}\texttt{Amt} & - & An amount, like \texttt{TaxAmt} which might be lump-sum - \\ \textit{[object]}\texttt{Nrm} & - & A normalized quantity; ex: \texttt{RNrm}=$\Rfree/\PtyGroFac$ - \\ \textit{[object]}\texttt{Abve} & - & Range of points ABoVE some boundary - \\ \textit{[object]}\texttt{Belw} & - & Range of points BELoW some boundary - \\ \textit{[object]}\texttt{Grid} & - & Points to be used as a grid for interpolations - \\ \textit{[object]}\texttt{Xtra} & - & An ``extra'' set of points to be added to some existing set \\ \hline - \end{tabular} - \caption{General Purpose Modifiers} - \label{table:General} -\end{table} - -\medskip\medskip -\hypertarget{Shocks}{} -Shocks will generally be represented by finite vectors of outcomes and their probabilities. For example, permanent income is called \texttt{Perm} and shocks are designated \texttt{PermShk} -\begin{table}[ht] - \centering - \begin{tabular}{|>{\ttfamily}ccl|} - \hline - \textit{[object]}\texttt{Dstn} & - & Representation of a probability distribution (includes both Prbs and Vals) - \\ \textit{[object]}\texttt{Prbs} & - & Probabilities of outcomes (e.g. \texttt{PermShkPrbs} for permanent shocks) - \\ \textit{[object]}\texttt{Vals} & - & Values (e.g., for mean one shock \texttt{PermShkVals} . \texttt{PermShkPrbs} = 1) - \\ \hline - \end{tabular} - \caption{Probabilities} - \label{table:Probabilities} -\end{table} - -\hypertarget{Timing}{} -Timing can be confusing because there can be multiple ordered steps -within a `period.' We will use \texttt{Prev}, \texttt{Curr}, \texttt{Next} to refer -to steps relative to the local moment within a period, and $t$ variables to refer to succeeding periods: -\begin{table}[ht] - \centering - \begin{tabular}{|>{\ttfamily}lcl|} - \hline - \textit{[object]}tmn & - & object in period $t$ minus $n$ - - \\ \textit{[object]}tm1 & - & object in period $t$ minus 1 - \\ \textit{[object]}Now & - & object in period $t$ - \\ \textit{[object]}t\phantom{p1} & - & object in period $t$ (alternative definition) - \\ \textit{[object]}tp1 & - & object in $t$ plus 1 - \\ \textit{[object]}tpn & - & object in $t$ plus $n$ - \\ \textit{[object]}Prev & - & object in previous subperiod - \\ \textit{[object]}Curr & - & object in current subperiod - \\ \textit{[object]}Next & - & object in next subperiod - \\ \hline - \end{tabular} - \caption{Timing} - \label{table:Timing} -\end{table} - -\section{Model Imports} - -A convention in python is that when a tool is imported it is given a convenient short name, -e.g. \texttt{import numpy as np}. - -Here are the preferred shortnames for some of our models: - -\begin{quote} - \texttt{import ConsIndShockModel as cisMdl} -\end{quote} - -\clearpage - -\vfill\eject\pagebreak\newpage - -\bibliographystyle{econark} -\econarkmultibib{\texname} - -\end{document} - -% Local Variables: -% TeX-master-file: t -% eval: (setq TeX-command-list (assq-delete-all (car (assoc "BibTeX" TeX-command-list)) TeX-command-list)) -% eval: (setq TeX-command-list (assq-delete-all (car (assoc "Biber" TeX-command-list)) TeX-command-list)) -% eval: (setq TeX-command-list (remove '("BibTeX" "%(bibtex) %s" TeX-run-BibTeX nil t :help "Run BibTeX") TeX-command-list)) -% eval: (setq TeX-command-list (remove '("BibTeX" "bibtex %s" TeX-run-BibTeX nil (plain-tex-mode latex-mode doctex-mode ams-tex-mode texinfo-mode context-mode) :help "Run BibTeX") TeX-command-list)) -% eval: (setq TeX-command-list (remove '("BibTeX" "bibtex %s" TeX-run-BibTeX nil t :help "Run BibTeX") TeX-command-list)) -% eval: (add-to-list 'TeX-command-list '("BibTeX" "bibtex %s" TeX-run-BibTeX nil t :help "Run BibTeX") t) -% eval: (add-to-list 'TeX-command-list '("BibTeX" "bibtex %s" TeX-run-BibTeX nil (plain-tex-mode latex-mode doctex-mode ams-tex-mode texinfo-mode context-mode) :help "Run BibTeX") t) -% TeX-PDF-mode: t -% TeX-file-line-error: t -% TeX-debug-warnings: t -% TeX-source-correlate-mode: t -% TeX-parse-self: t -% TeX-parse-all-errors: t -% eval: (cond ((string-equal system-type "darwin") (progn (setq TeX-view-program-list '(("Skim" "/Applications/Skim.app/Contents/SharedSupport/displayline -b %n %o %b")))))) -% eval: (cond ((string-equal system-type "gnu/linux") (progn (setq TeX-view-program-list '(("Evince" "evince --page-index=%(outpage) %o")))))) -% eval: (cond ((string-equal system-type "gnu/linux") (progn (setq TeX-view-program-selection '((output-pdf "Evince")))))) -% eval: (add-hook 'LaTeX-mode-hook 'turn-on-reftex) -% eval: (setq reftex-plug-into-AUCTeX t) -% coding: utf-8 -% eval: (setq TeX-fold-macro-spec-list t) -% eval: (setq global-prettify-symbols-mode t) -% eval: (setq prettify-symbols-unprettify-at-point 'right-edge) -% eval: (setq debug-on-error t) -% eval: (TeX-fold-buffer) -% End: diff --git a/docs/NARK/Resources/.git-public-commit b/docs/NARK/Resources/.git-public-commit deleted file mode 100755 index e69de29bb..000000000 diff --git a/docs/NARK/Resources/.git-source-commit b/docs/NARK/Resources/.git-source-commit deleted file mode 100755 index 852567b77..000000000 --- a/docs/NARK/Resources/.git-source-commit +++ /dev/null @@ -1 +0,0 @@ -prior-source-commit: a4b3e97 diff --git a/docs/NARK/Resources/LaTeXInputs/BufferStockTheory-tikz.sty b/docs/NARK/Resources/LaTeXInputs/BufferStockTheory-tikz.sty deleted file mode 100755 index 45db72058..000000000 --- a/docs/NARK/Resources/LaTeXInputs/BufferStockTheory-tikz.sty +++ /dev/null @@ -1,46 +0,0 @@ -% tikz is very finicky and so let's pull in a minimal set of needed packages -\RequirePackage{wasysym - ,psibycus % Greek language package, including koppa - ,ushort - ,ifthen - ,tipa - ,cancel -} - -\usepackage{econtexShortcuts} % Lots of macros - -% Math mode Pat does not play nicely with tikz for some reason -\renewcommand{\Pat}{\textbf{\Thorn}} - -% Special underlining -\usepackage[normalem]{ulem} - -\makeatletter -\newcommand*{\saved@uline}{} -\let\saved@uline\uline - -\newcommand*{\mathuline}{% - \mathpalette{\math@uline\saved@uline}% -} -\newcommand*{\math@uline}[3]{% - % #1: ulem command - % #2: math style - % #3: contents - \mbox{#1{$#2#3\m@th$}}% -} - -\renewcommand*{\uline}{% - \relax - \ifmmode - \expandafter\mathuline - \else - \expandafter\saved@uline - \fi -} -\makeatother - -\renewcommand{\PGroAdj}{\uline{\Gamma}} -\renewcommand{\PGrouAdj}{\underline{\uline{\Gamma}}} -% \renewcommand{\InvEpShkInv}{\uline{\uline{\Gamma}}} -\renewcommand{\DiscAltuAdj}{\underline{\uline{\beth}}} -\renewcommand{\PatPGroAdj}{\Pat_{\uline{\Gamma}}} diff --git a/docs/NARK/Resources/LaTeXInputs/BufferStockTheory.sty b/docs/NARK/Resources/LaTeXInputs/BufferStockTheory.sty deleted file mode 100755 index 079dcfebf..000000000 --- a/docs/NARK/Resources/LaTeXInputs/BufferStockTheory.sty +++ /dev/null @@ -1,39 +0,0 @@ -\input{\ResourcesDir/owner} % Owned by llorracc (draft) or econ-ark (published) ? -\usepackage{datetime2} -\usepackage{refcount} -\usepackage{xr-hyper} -\usepackage{hhline} -\newcommand{\onlyinsubfile}[1]{#1}\newcommand{\notinsubfile}[1]{} - -% https://tex.stackexchange.com/questions/463699/proper-reference-numbers-with-subfiles -\newcommand\labelprefix{} -\newcommand\localorexternallabel[1]{% - \expandafter\ifx\csname r@#1\endcsname\relax - \labelprefix - \fi #1% -} - -% Other tools -\newcommand{\BoydT}{\mathsf{T}} % Contraction mapping operator -\newcommand{\Shrinker}{\alpha} % Contraction mapping shrinker - -% Appendices and body are subfiles -\usepackage{subfiles} - -% Implement a standard setup and shortcuts, e.g. for the \CRRA -\usepackage{\econtexSetup} -\usepackage{econtexShortcuts} -\usepackage{makecell} - -\usepackage{rotating}\usepackage{subfigure} -% Embed metadata -\hypersetup{pdfauthor={Christopher D. Carroll }, - pdftitle={Theoretical Foundations of Buffer Stock Saving}, - pdfkeywords={Precautionary saving, buffer-stock saving, consumption, marginal propensity to consume, permanent income hypothesis, income fluctuation problem}, - pdfcreator = {ccarroll@jhu.edu} -} - -\bibliographystyle{\econtexBibStyle} - -\newtheorem{defn}{Definition} -\newtheorem{theorem}{Theorem} diff --git a/docs/NARK/Resources/LaTeXInputs/econtex_onlyinsubfile.tex b/docs/NARK/Resources/LaTeXInputs/econtex_onlyinsubfile.tex deleted file mode 100755 index b8ad95fe4..000000000 --- a/docs/NARK/Resources/LaTeXInputs/econtex_onlyinsubfile.tex +++ /dev/null @@ -1,10 +0,0 @@ -\onlyinsubfile{% https://tex.stackexchange.com/questions/463699/proper-reference-numbers-with-subfiles - \csname @ifpackageloaded\endcsname{xr-hyper}{% - \externaldocument{\econtexRoot/BufferStockTheory}% xr-hyper in use; optional argument for url of main.pdf for hyperlinks - }{% - \externaldocument{\econtexRoot/BufferStockTheory}% xr in use - }% - \renewcommand\labelprefix{}% - % Initialize the counters via the labels belonging to the main document: - \setcounter{equation}{\numexpr\getrefnumber{\labelprefix eq:Dummy}\relax}% eq:Dummy is the last number used for an equation in the main text; start counting up from there -} diff --git a/docs/NARK/Resources/PoweredByEconARK.pdf b/docs/NARK/Resources/PoweredByEconARK.pdf deleted file mode 100755 index eac745312e271545edb276d540c7a0552c458c98..0000000000000000000000000000000000000000 GIT binary patch literal 0 HcmV?d00001 literal 8346 zcmch62{=^m-#4KcTUoMa?3BztmQZ%ez7|;qgJH}tGeShAP{>kAkqXtX5+P-atl3gj zWQih6r3l#y&pBh1>i53S`@i1ndCoc4Ip_Y~_qp%ye$RZqa+dmrI}s{qh+OgKyzdY+ z6b>c3`$9A|p)gZC$(!Z_#Q-F02ows184`#zJOy|XaWuR>-h=FkhiGda4hyBMfHNBKb*VCgVY`$3>$5~t^ zS+#RyD}&!#WuDPj{65^NRaP2FW7bW*epi9Z(y=5NzJWS`M1*aq%Sj$ld17GJA79{A z&M!ZlSnrsfEN!-JN3lHZ6S zYdgw?n7O`@r7s<7(jx4BYU2ViMQ3VXmitjZv2ixfR{NGHGo)=^-B!X}JcqDMYCqIL z{^DlEh79G7UQbqt(hM<)Gd&mCcBu%{)+J+7spYHqz?>?O=^R!6&cz(XVT2REBhC27)>gPnBSqqVM#*l z_ZsMy)q@mlY+=1@Vqd`9?BKq{RoUZtvd75q&S=7tn2BYqx}#TB#KW)4mnII3KCQDn z;Pr}@UuN@JURlAfJ>lcG^xly#s=ogEDiA!$lVLvK4KzGxZSV=$8;!z({a_3A(=F(Z zU=TtxvY`P^0M*n43BUov!GQ)8rl$i%Kw%y@;10OPS|4Jq53Yiu_kz#W{?$8dzlFOm z-h)OT7lMUiL8oJkfEkiWV8_~QUOVAC;ZW5zw*)2tE(W8>pNv9bwxI!dD9jS)jfcuX z5p>2aaTGi-7h>&Om>J%afYT+1K%D>*9EyNrpa=}qnLbz#SQZ#fg@Qq`8UaQWa!|lJ zR#umwQ`fk&0T!m2X*+GLeIhHAlOU^YSSG`d<0$rOJ&Mfd+8{r{e*YHOnY zOeFaDa_*yWF8%MOf&8+Emi^!xbd%5mCbJg;_QY;*rD{AHyNQaqbDEz_HC) z517TD2a9JNn0PIBEy~;6YHwyk)Ryqh54Gv+gtnB2#GA;d1IxAX%_pp0NtZH>c}Z&h z?fIZO8J>@TBi0-WWNuaObZz~oo=-&}puolOABL4}d~luwk~iJgsXhqM?Z6SB6a4aI z#ClgY3?g~Z2xJo7ph!9=`ec6`fkgLP#G1px!KR8T3OxShh2ho+hO@&NpP2)}v2NX8 zu?}SV|76{tY|s}_S!@0=Jt!(e&45FK?#xifFWCS(aKQA)L^8!D0OtWj@o&NMv!6`y zr2Z5J$&iQ9`?r1=9e@deWC45z2IT6Et{6u5n#fSP0q9{5^sLj*+7`Jw{y!7Ih=NJ{ybh|#cpyALp3&DP-IdDPX z02%oiSq$2*9>&f>-&0oi7j5m;UO=YR7vR3;M!zTk5u6x^Ffh-S9sNGRZ@P!s zfb&7=>#Xj2pyuiGgPS}3MaRSj>V+dx>A(LNTQA~Qs{Hxe5%J&eQLDc)5l{?V9s8S_ zh8@BV3OJ-{&voAYm=|HEYCG+7;!Bo+(KhC51pRiE^M=NLd-TI)?_L#7_R+W8l)&GV zYZxtD|77ztvO)G!ohMSlQXob)UgLzPM;2nb<6sJ40p@&Xe z#w_i+xBEfF)5X-=<@%DdP6e(Nhd)m_F6<8%n|p8Fa}7VPJa*%v)K5~6ZAJuUmSfRkuHds|t5bFFF*|GjI1kSM0y zvsFy?0lLK+L4}$ab?By)9m;kc5R(gI%$Mzqf;14-9&hy@<){hz7L`Lc+4`_<^b<7s zs)V*uh`Zz5nIA)q>V!o(M7^DMPEcy)ak-qPcU*rfZEK1Sk(8byCUixYmKiuiZf6ZG z?LSU95wv*oY3TRokD0n7S8jDIRI5H>Q=d~-56iiZ+7+gGHg)$d|F(>G1Cv696iDKi zv=`{ki|8NI@#7iMip$ZBf)CF4Gt1P~qA}Fd^&a0EZ3Z`_y89J~$G+I7o!osSqxu}H z#3}16RQrVzY;wIUM=yV_t1GuV+ko8wyZMe1n`*C<6$jsH4)xtS?tDfsmgqcham9r@ zQg<*vVlSV$cEo+9S3TzQ`v8na0x#C(D^0lM)LchU5*4xaiFwWx~ zJufj{Di>R1KhQQ@XlVHA@lC{#_hOCES*EI^%ARraYz-Ki$ekCeu|d)0@#&3;KKxGk zRYpWC5ql#|yd{8HG!%+b3;d9OhC^Z{04``+hyp>8Q4Oxrw+WnlPE{ zbv$jp1{(32=M#L{*ix4CBe`OKijg}TdA?St#-XNaC3OB#(Wvo{Y}sKnXT-FCkoe)# zY%!T{eTyO48q2Y-uAbpfl8Lhm5^sTz-cuUMI(JdojVDJL>rjVD^BZ((O}A0bY5Z`m z!L%5aZ8dsU|Ey9wbGcxGs`g20N>1A6fsXgSF4)`JuwBgp=sih_g$+Cj0-=XE1IrDG zTRe;kuOeu40KXPR>? zuqNq4e0p9dRu&BwmusDSv#>h5M=m{=N5D<&9uqO;tr;fgp0jv~%DU)ZNUmA zj~JIwbDsb`Vo+P!{UA-3J3EY(lcN4io4cT)o@y37Lzy^Ud#tjuVRWlmYwLRruEC63 zdXhzNQE@C4B>k8>$v07KBJR~}%$WSfWRzFRoj!zz=`Fu&mN2wqy|Au-cnytHX7QXz zMYX)mrg5{N8;jNi>y(Icq;A){zJm$(E_FbTup0-CX5Y5H^)$OQCHhI~lkP02QTMJQ zGRbH7?M>=Z{S!Z-2U5-5JBxUtdo*@r_FGcKzHaW#8|cTDOZ#gs)P7@s1bg+h`cr-- zX2FH=2F+2i!a(mam8JK~ExNNH>cN4m{Rq_HNTSJlf$LVe?OZ zh2Q7Lk{0A%hlQe!(<6mXTyofU!JetWo{5fbdH*i>#xu?0phnj?L{=J{0 zQ*!$bT)!?kt{0j4ULq3b^`U&!wd!1o+p`A=^Ju5j1xh@Sm$q%&ya(JybG?@0_j|oN zbs$muzC!gy%d>m#8pf3FjIgz9tjki|lD*9{F4Jfr$ZwZZkI>nq5?T1DH+6Aw>+H_m z%g8rK?*nD*Z5p{hJRS^Zyu7`S2SH1 z1*h^`f7pD491;dkOHcS}@It3O zLG8sr;&!(sD?3(xG)tbJZjgScf33%rfz4;Qf+r+}uL|XJ=jZTBaD93n5vgOp)yTq_ z=l+Qf*7*MDX9D-RH*I|l*@8@bnX;7v>)y9%Y*Sufo_LpM*YsXr*{tE~0kO6zqT(y< zVa8u4okinlb^6p8AQ zC_cglJt(vQQ7Vg%FyVcnHObk-RAgs!EcoCh6t;mlDDsqcvIJe#JCS#n9K7(!`SX{- zOM|(sdxmu*15>h;o11CZN?r>}V^kvl@$@*NTke{^`E(O|JG#nVO!p%T=5>J3j?>3w z3L?d-1$;-%^k5sl*tr&4_FCV;e9PNhTRpauLoS>Be!-$>MS0wo$8*h9ECqGW)-U>9 z1`nOT-*vw$Gyc8`wLJIBtPsnwS;NSL9jtx; zQno(&4(muM3sne4Tj=#O?2(=cKNjZsAKgJ%_^WXRGx-_6A z6e?TMSYna?RKQ5aU`FB*;^3)j8Prsx>V)u|fkRp8Tgk8u| zZ;5upXeDALY7R-74$EbnWxf-#V}=s*4p+%09=?fdir2?mpy9oJNYwij^C_N3Z26aG zo@K=O4KJ1s6!INPkraBvUpXK0HD|>L|X5G!pERN0T9T=%Dzt5DQTh4;c z3C?$&W6E@$N6S@$MHb8Rf~@@a4tAs6UpPQ3=^y&5%{Pq1UQ=A8qVHeE4nc-iAL()I&^FoE6Cu-OW-hu7DFg)_A zpdy^NWzH615dqmXQ952a^3L2)`;&I6{YNd4(!L|D9~(x!Z!e@Nh9;`-?QZz;y?je& z@s}@S@t=HioWwtUPTkjS(c^w#=wrjy?OLcQ&4-V?rW`gGh1hcOBEfWgQBu| z4yVX(rZgNI?B#C-aVzgemPq@39xL*vP)%?Qyu-v{fepYvF{(wv7n=+!8kJ{8V z&#`5UUq5>G6SvxjTSw2%ux12EztyB_yy;%qTQ)6MTxJoN`Oz*z;jqBy2bA~I{F#;J zzPXN;8~rv_=x-Tngu>b4S*zlQ#TWK!Rc20Q-qkYw*wirMNUZFbwztSJB5&qQYcfUX z2b|-(DyXS$BHb$)4p)D9Do@DQ%!Ovn%S`j)lP=$Sa^_fQwpruzz0->$Bk>bTQf-oa zKfV=9RXg|P1}Qr}Io{^~HAeRC&eAxPvGHtIj3;sFjr7xj)cBG1>g0qh)z_0p!hH94 z4rvWlF-dcOLH*00?sYIA3aj=L0SB;)Uw^w9l@a7mVDG;zjW}DikZPfuE2ag*OnH+f z3nUD5Q*X}<>Pg=2<-LasO!AF~YtK(`63^|`ddyQ)By&i${1EJN`?f;fhq2qV6#a8* zgSs>J2nTjV3(6Vq{IPVNgy2oZUn?1KNThndtWk>@N69)&98%M4!PhBlWa=(IJ9hu# z+sPxJPkmJNiwrOvlJfTFdMCNbU%m+`zc|GFuuD`Iza;qLk_(w62Km9c&9$t68H zSH)US#E*t@9=w%$EqR4vpeL8j_pln_VnoP{c^s0>$8+rKwEDZv8(jHajVfg;+$eVLBaORu6&JWb^o>rUC#_41oaD=MXpCkSCJdAQlO8g zdQb=fG%|$_Re&UOoIijeT3MMoTI}6nkEeLzNVuP!hB$u$F%+uEpewC*5OLlB2)_!o zf>SV{tet3e=uRXY3jj)J;0A}Ufv6@l9FgFmL-Ho#q3~6Vgz7=BHNfE*dK=^mBmkeQ z(+PUG0AoDC+Xtve0Q1mEHZ;7yJyh*i!+5O$@&F)ncqEjLv#c)-{0#_!gIDKUgZpg( ztP@lbovMqY;=v*Rt`Y);O4IYfQP!k4#WC6lzvP`Vjbfg%GEP!j}^ZI}ar zq(h<-)(G@v9SEK@9}uraVZgxo_Y;i)k-Gnv6RQToo8XB>fu68-V%2}OuyAk;RvpB^ z{%jAY|u#%t;R__$`HIQ&59IlQ~Ln6@#IMPvR z{d#Li_b+5r4+pq8*_+NYoqI+p4S+WpC}0Q$?*##%UJL~AX~qG?VlXHS)CsbWxo za=-&hTBE^LL9Fl(8V2+CI5-Gs{y7c_V2^*$)KP$$ey6D-;6SYWPD7wToc|9RQvI)W z5m@wJYalT|4*2t1G+281V?IFqzi4V`AP9aRhlB%K`jdtRz`Va`YJY!=MFHmeeLgH2 zgpmKF0YLnpG&Rs!{}`u+{)=Z-3>X@}k5g4$uTvTY2jnOUy-I0AI1EI=YVNZplW9;S k9fPO)jtR+&45j-sJ&{pqI0}vKIjX8yI7Cj)z`_vnUzzA!Pyhe` diff --git a/docs/NARK/Resources/PoweredByEconARK.svg b/docs/NARK/Resources/PoweredByEconARK.svg deleted file mode 100755 index 3ffa95dbf..000000000 --- a/docs/NARK/Resources/PoweredByEconARK.svg +++ /dev/null @@ -1 +0,0 @@ -Powered by: Econ-ARKPowered byEcon-ARK diff --git a/docs/NARK/Resources/econ-ark-logo-small.png b/docs/NARK/Resources/econ-ark-logo-small.png deleted file mode 100755 index be00e59498510f7f6f99c49894d0e25b5b707ace..0000000000000000000000000000000000000000 GIT binary patch literal 0 HcmV?d00001 literal 17620 zcmeI3c|4R||HrSEr$pTi-FI|X8bhLDW)NngtToD3R77RW3{5dJX2y-mW35y}ieycT zrN~Z}>{$}Bl}JPgk$qpEYbafH*E7%adp)n$@1MC|ubKH?=X}23bI$wwJ!h_et}FVw z``7UP$qN9$8ZDg0Vepp)e$055f#2i)XGXxERWzJ20|5Beu|G?Iz+fQ&P!uH_8ZnJ@ zw6O%LwKSecH77~iThl-_04VLXr{M`_Nldso$&yS_M)W<+LBPpGWyG;vIw&2QI_WeS zcaBanIHzk!ICqwSAtLtf;Z?H7f&r{aOg!A)+KR%!+AAaG<6=RZ-Hb%Q=OxUu$_Q2V zfN&!neYiT6PJ-`}mX{)+WfkEH7-{q_jG~O(PPhyTEssQDkZ3t66dH@dU{PrJmkY6n z7qpb5QsC^kcyp>PQyGC^543oFS(i0!aUcrg3pz`l z>z@wIU~2vaBKU&zr=AQ$2O0@^n8cvk(g`HZzrdx4{%rM3vc4t`^UJxD?8(1y zWA`k$&6mPLhLpgyV%6y+Jd;W{q*AT+EL55PSA=kNb#_%Lz$J9>1TuxqRZ zs#C3~bZ}bW+Le$$Yle8u7aCTJ!eHVl1d^7<9B>NEqk+k2~GSjLqpvE7Fv%^1`j&C6-2|H z{eL^ePs03dC>)sqmZt-xY{BB4KgtY9Hs7~??XV)xA4xPkok3!6IAz4w9k+OfEgn&9 zpZSf8#S_?v*&YIWKahw@$nRReO>5EfiyQg>n!ttl5cgk?VRxED`Q>g}h%+zwbp!_0 zf@z1RlTyuz6^FzqUFGa%{%?r^HWdbZ=M)= zs3WA~i{nDBAphp`sa$9UpB2Ez6y)M_%J*4b+z9_;5 z5kUo9Tu>SuZ7wd3h@b*4E+`F-HWwF1L{I@27nBA^n~RGhBB+3i3rd5d&BetL5mdm% z1*O5!=HlXr2rA&>g3{n`L1}QbxwtqYf(p2}pfotzTwELxK?Ph~P#PR< zE-sFUpaL!~C=HJGzs1G-?aeicPCm05vJ9V!)QI~y zxjeQV8TYAqpU>Lx&OTXN;oz2CDTdP(Ic`bLlW7@KX`x!VQN6xKHAm0qHN}dicgSXU z^efr)@4NCY!Db@)MQV&?t9e)(?QvE`_jpLugHyLOGmVtIOcdU<(Wzkc1@+xy0i z8#iy>^zrfW_4U1V>z1FN-|gGC{r&v|0s;a91A~Hsf`fxYLPGA`xdYO^d-v|Wd-v|& zzyILDgRro$@bK`6h=|C@$cGOfK6>;hDk>^EI{NYB$1yQ6v9Ylr{P_6zgoK2|#Kfee zq~zq}l$4YwPoAWvrlzH(rKhK7WMn*j`ZO~$Gb<}AJ3AXpcW!QOUS3{)e*Uv(&k70( z3JVL1ii(Phi=RJ#UQ$x>;>C;7($ccBvhwosmoHy}#ZXyUSyfe4U0q#MQ}gQ8tJkkz z*Vfj)dGn^OuCBhm{_Weh4Gj(N-o0yVY;0<30?VVhxw)mK<->;$t*xzXZEfxC?H@mW z?C9v|?Ck97>iYEQQ+IcFPfyS1&!2mHd%?o%@9!TN7#JKJ92y!L9v&VU85tcN9UB`P zA0MBXn3$ZLoSK@No}QkWnVFrP1^M@By*B_e;mka&YXIKKjW0E*2k7LfCuWwzVB&(Y+)dtUe${$Q7@19*PJW{kZAr?4)C-mO$bf0fA4E zt8hbIuQ0E7Nhl(_n+u}L{(`npRQ-gOH4C%2JKf?KsTh%u ze{+iC0m<-U1$a8c|Cx|VlAF=?o5CMPbq6B?&6H+_2{9$>AK8!#bgUJ8r!=5`Fa{JW5{3Hov9t^}d1_govKBMELOdjOFZ}#_h*~Sy}bF zbxcT!&xqo<8+^?d1ru(Fx=ZW@C)+Ttw1Q9SR?UEF1#Kfs{>BMi*nkIYkmgcNe2=dF zvwiC}0xLn`Sj;D$WegGb=Vt>W$bptUF+A|U?v^HMcWHi>-Sje?K50Ov^NAF=qcfJ{ zlKE3X9CLSv?d!s0vJ|v=6YWmGcC%n=Y1;@TOT{vcu-n4YE>6jj6-tw8!o8P2GFA3; zx>vE>9p>5)=Wt&&*5dG>Slndo>xVl-_t(gkx0Z}wIAi9q_1bs_4o6vMC;8drsy{sR zVHu1i?hd28#B`XdYv@(3XS|lW-nboMZpb6zI#``SMpBo;cZ8gG_n4BCjF}pK;lKx5 z<+EY60o**q9#Jc`lDOn{`pAG4K=zgta9BGVGB!sgj;7) zDBrch>z=|Q)Po*I2dl##q=;=b#>O*2E4a{33d)ia zcCK$PO3TudbcC6+5-OW&OgdC<=<$FDaMbn)cbHmdFOyG1s#dfX?9c`)*$pD@JTD04SB*8!Jbks= zl`w#tmqo$U+N_J|9jp07mY*x*<9BqcSUP?Xqn6>Zamu$kWNVRbDWjqe0hCSbC@@W6$ zi?#aH-?aw*pa@Fn)WUY`G%WnRBY3~(N{#ev*NkSNw&3oZldZuFioE_-SyZ`wo2uAO z*G`)Tw@tM*;aUos{4+rPz8k-9tc&#RRfN^BZjGn}8XT{jyo$?}yX(HnpT7!!Y2S_^ zIo7hzm76Pbj`>M>)Oo3n+TLiBPv!GH*@HkFHIj&3SuPTid+wPo9uA*co_5aA}ww| zKfghCJPgrOQ)a%BpMOYrSR9^!!^I}6lj(x|HM&Jcg})c!mVDY(gV;B~62kd4pUB*t z>0E#iIkDfRny~Ui5-*`F;K{A6_w|5Fzd1a>o?9(;txx*okx#IxZ6b}I#ln&Nt>;;2 z%hDcS3L`cCt&4?(D8c*BJQ?vak=!_*u57*PHt7#!j|BbF!RXy*0`ja@MzsXog{g%h zM2(8v$i>ZXG^=9{9k0tha}j;itKo?^tC%;n>Nhz9DQS0@sBw|&fOzvM&FaQ`!*wo^ zB1PMeocDevqeh7?rwJ!$Z{8s6A?{X^A4SAG8y6smoIO?6J#wf#EA-UH;)0O;@w}03 zgJVm>cWGZ1GD);%;U!ttf=OoYw*QvDI@uqMf169aej+E0H zB5|chx+xE$^;Wd%zuPAY~P% z&bkG%Hf5bW^x&kV$&q3EiGt0;0qRCu*Y2%$ZM}-_kWJ1iH$AmSeWg~jZU9P{&|jgw zwB}0IR7=ZJDXUDpl^*t(Y;6WiZM+Q?lR--JlwXI|A@)33g5Q!_>`Kn(HNJZ>PJL9R z`>D6dbpgcv3mrT{*v{)mZT&qklx~AUBhZ+AFrFt*NF0s!f})*H_GQNvSE54d0tZ`cBs_voe3ec_70#ApRXs#OzT1A1_yFcQg(v zC?ZkyRHt>Jg8puyIZ+=nbLC{Eg25YVPF}i;jpHAo8-?baY7`YvPSUOKa>t!Egl_a7 yKb2FI?lSRS;N=?ak-e`cTqYWGEMK_JZ2_`ZlMOE;Q)|ITB|uA4S0h%<%=KRz!)##y diff --git a/docs/NARK/Resources/econ-ark-logo-small.xbb b/docs/NARK/Resources/econ-ark-logo-small.xbb deleted file mode 100755 index 3a34e07ff..000000000 --- a/docs/NARK/Resources/econ-ark-logo-small.xbb +++ /dev/null @@ -1,5 +0,0 @@ -%%Title: econ-ark-logo-small.png -%%Creator: extractbb 20200315 -%%BoundingBox: 0 0 140 96 -%%HiResBoundingBox: 0.000000 0.000000 139.982502 95.988001 -%%CreationDate: Tue Oct 27 17:55:36 2020 diff --git a/docs/NARK/Resources/econtexPaths.tex b/docs/NARK/Resources/econtexPaths.tex deleted file mode 100755 index 3fe780272..000000000 --- a/docs/NARK/Resources/econtexPaths.tex +++ /dev/null @@ -1,26 +0,0 @@ -% The \commands below are required to allow sharing of the same base code via Github between TeXLive on a local machine and Overleaf (which is a proxy for "a standard distribution of LaTeX"). This is an ugly solution to the requirement that custom LaTeX packages be accessible, and that Overleaf seems to ignore symbolic links (even if they are relative links to valid locations) -\providecommand{\econtex}{\econtexRoot/Resources/texmf-local/tex/latex/econtex} -\providecommand{\econtexSetup}{\econtexRoot/Resources/texmf-local/tex/latex/econtexSetup} -\providecommand{\econtexShortcuts}{\econtexRoot/Resources/texmf-local/tex/latex/econtexShortcuts} -\providecommand{\econtexBibMake}{\econtexRoot/Resources/texmf-local/tex/latex/econtexBibMake} -\providecommand{\econtexBibStyle}{\econtexRoot/Resources/texmf-local/bibtex/bst/econtex} -\providecommand{\econtexBib}{economics} -\providecommand{\notes}{\econtexRoot/Resources/texmf-local/tex/latex/handout} -\providecommand{\handoutSetup}{\econtexRoot/Resources/texmf-local/tex/latex/handoutSetup} -\providecommand{\handoutShortcuts}{\econtexRoot/Resources/texmf-local/tex/latex/handoutShortcuts} -\providecommand{\handoutBibMake}{\econtexRoot/Resources/texmf-local/tex/latex/handoutBibMake} -\providecommand{\handoutBibStyle}{\econtexRoot/Resources/texmf-local/bibtex/bst/handout} - -\providecommand{\FigDir}{\econtexRoot/Figures} -\providecommand{\CodeDir}{\econtexRoot/Code} -\providecommand{\DataDir}{\econtexRoot/Data} -\providecommand{\SlideDir}{\econtexRoot/Slides} -\providecommand{\TableDir}{\econtexRoot/Tables} -\providecommand{\ApndxDir}{\econtexRoot/Appendices} - -\providecommand{\ResourcesDir}{\econtexRoot/Resources} -\providecommand{\rootFromOut}{..} % Path back to root directory from output-directory -\providecommand{\LaTeXGenerated}{\econtexRoot/LaTeX} % Put generated files in subdirectory -\providecommand{\EqDir}{./Equations} % Put generated files in subdirectory -\providecommand{\econtexPaths}{\econtexRoot/Resources/econtexPaths} -\providecommand{\LaTeXInputs}{\econtexRoot/Resources/LaTeXInputs} diff --git a/docs/NARK/Resources/owner.tex b/docs/NARK/Resources/owner.tex deleted file mode 100755 index b3e552018..000000000 --- a/docs/NARK/Resources/owner.tex +++ /dev/null @@ -1,5 +0,0 @@ -% \owner determines where links to online content go -% llorracc is Chris Carroll's personal version -% econ-ark is the Econ-ARK/REMARK version -%\providecommand{\owner}{llorracc} -\providecommand{\owner}{econ-ark} diff --git a/docs/NARK/Resources/texmf-local/README.md b/docs/NARK/Resources/texmf-local/README.md deleted file mode 100755 index c57d0c09f..000000000 --- a/docs/NARK/Resources/texmf-local/README.md +++ /dev/null @@ -1,19 +0,0 @@ -# texmf-local contains customizations of LaTeX - -If you use TeXLive on more than one system, or under more than one username, -it is useful to have a set of customizations that are shared across all your -identities and machines. - -This can be accomplished in a number of ways. - -The easiest is probably to install a file sync service like Dropbox that runs -automatically on all of the machines/users in question, and to have a master -version of texmf-local that lives in Dropbox. - -Then you have two options: - -1. On unix-based machines (Mac or Linux, say), you can replace the texmf-local - file on your machine with a symbolic link to the filepath in Dropbox -1. Windows does not allow symbolic links. So on Windows machines you will need - to modify the texmf.cnf configuration file so that it knows to look in the - right place (your Dropbox path) for the texmf-local config files diff --git a/docs/NARK/Resources/texmf-local/bibtex/bib/economics.bib b/docs/NARK/Resources/texmf-local/bibtex/bib/economics.bib deleted file mode 100755 index 42f4212de..000000000 --- a/docs/NARK/Resources/texmf-local/bibtex/bib/economics.bib +++ /dev/null @@ -1,22357 +0,0 @@ -% Encoding: ISO-8859-1 - - - -,-------------------. -| PREAMBLE | -`-------------------' - -@preamble{ "\providecommand{\noopsort}[1]{} - \providecommand{\singleletter}[1]{#1} " -} - -,-------------------. -| BIBTEX ENTRIES | -`-------------------' - -@article{schmitt2003closing, - title={Closing small open economy models}, - author={Schmitt-Groh{\'e}, Stephanie and Uribe, Mart{\i}n}, - journal={Journal of international Economics}, - volume={61}, - number={1}, - pages={163--185}, - year={2003}, - publisher={Elsevier} -} - -@misc{maTodaRich, - title={A Theory of the Saving Rate of the Rich}, - author={Qingyin Ma and Alexis Akira Toda}, - year={2020}, - eprint={2005.02379}, - archivePrefix={arXiv}, - primaryClass={econ.TH} -} - -@book{hendricksBequests, - title = {Bequests and Retirement Wealth in the United States}, - author = {Hendricks, Lutz}, - journal = {Manuscript, University of Arizona}, - year = {2001}, - url = {https://lhendricks.org/Research/wps/bequdata_paper.pdf} -} - -@book{riehl2017category, - title={Category theory in context}, - author={Riehl, Emily}, - year={2017}, - publisher={Courier Dover Publications} -} - -@article{zwiebelLeisure, - author = {Zweibel, T.~Herman}, - url = {https://www.theonion.com/180-trillion-leisure-hours-lost-to-work-last-year-1819567706}, - title = {180 Trillion Leisure Hours Lost To Work Last Year}, - journal = {The Onion}, - volume = {41}, - issue = {5}, - year = {2005}, - note = {Available \href{https://www.theonion.com/180-trillion-leisure-hours-lost-to-work-last-year-1819567706}{here}}, - } - -https://lhendricks.org/econ821/wealth/wealth_bequ_sl.pdf - -@article{hendricksSmallBequests, - title = {Wealth Distribution and Bequests}, - author = {Lutz Hendricks}, - journal = {Lecture Notes, Economics 821, University of North Carolina}, - year = {2016}, - url = {https://lhendricks.org/econ821/wealth/wealth_bequ_sl.pdf} -} - -@article{brown2008don, - title={Why don't people insure late-life consumption? A framing explanation of the under-annuitization puzzle}, - author={Brown, Jeffrey R and Kling, Jeffrey R and Mullainathan, Sendhil and Wrobel, Marian V}, - journal={American Economic Review}, - volume={98}, - number={2}, - pages={304--09}, - year={2008} -} - -@article{pashchenko2013accounting, - title={Accounting for non-annuitization}, - author={Pashchenko, Svetlana}, - journal={Journal of Public Economics}, - volume={98}, - pages={53--67}, - year={2013}, - publisher={Elsevier} -} - -@article{bayer2019precautionary, - title={Precautionary savings, illiquid assets, and the aggregate consequences of shocks to household income risk}, - author={Bayer, Christian and L{\"u}tticke, Ralph and Pham-Dao, Lien and Tjaden, Volker}, - journal={Econometrica}, - volume={87}, - number={1}, - pages={255--290}, - year={2019}, - publisher={Wiley Online Library} -} - -@article{seater1997optimal, - title={An optimal control solution to the liquidity constraint problem}, - author={Seater, John J}, - journal={Economics Letters}, - volume={54}, - number={2}, - pages={127--134}, - year={1997}, - publisher={Elsevier} -} - -@misc{matthew_n_white_2017_1001068, - author = {Christopher D Carroll and Matthew N White and Team Econ-ARK}, - title = {econ-ark/HARK: 0.8.0}, - month = Oct, - year = 2017, - doi = {10.5281/zenodo.1001068}, - url = {https://doi.org/10.5281/zenodo.1001068}, - note = {Available at via doi:10.5281/zenodo.1001068 or at \url{https://doi.org/10.5281/zenodo.1001068}} -} - -@article{LiqConstr, -author = {Christopher D. Carroll and Martin B. Holm and Miles S. Kimball}, -title = {Liquidity Constraints and Precautionary Saving}, -journal= {Manuscript}, -year = {2020}, -url = {https://llorracc.github.io/LiqConstr}, -doi = {10.5281/zenodo.4073652} -} - -@article{mstIncFluct, - title={The income fluctuation problem and the evolution of wealth}, - author={Ma, Qingyin and Stachurski, John and Toda, Alexis Akira}, - journal={Journal of Economic Theory}, - volume={187}, - year={2020}, - publisher={Elsevier} -} - -@Article{StachurskiToda2019JET, - author = {Stachurski, John and Toda, Alexis Akira}, - title = {An Impossibility Theorem for Wealth in Heterogeneous-Agent Models with Limited Heterogeneity}, - journal = {Journal of Economic Theory}, - year = {2019}, - volume = {182}, - pages = {1-24}, - month = jul, - doi = {10.1016/j.jet.2019.04.001}, -} - -@Unpublished{MaTodaMPC, - author = {Ma, Qingyin and Toda, Alexis Akira}, - title = {Asymptotic Marginal Propensity to Consume}, - year = {2020}, - url = {https://arxiv.org/abs/2002.09108}, - note = {Manuscript, Australian National University} -} - -@Article{MaStachurskiToda2020JET, - author = {Ma, Qingyin and Stachurski, John and Toda, Alexis Akira}, - title = {The Income Fluctuation Problem and the Evolution of Wealth}, - journal = {Journal of Economic Theory}, - year = {2020}, - volume = {187}, - pages = {105003}, - month = may, - doi = {10.1016/j.jet.2020.105003}, -} - -@article{carroll_sticky_2020, - author = {Carroll, Christopher D. and Crawley, Edmund and - Slacalek, Jiri and Tokuoka, Kiichi and - White, Matthew N.}, - journal = {American {Economic} {Journal:} {Macroeconomics}}, - title = {Sticky {Expectations} and {Consumption} {Dynamics}}, - year = {2020}, - abstract = {Macroeconomic models often invoke consumption - “habits” to explain the substantial persistence - of aggregate consumption growth. But a large - literature has found no evidence of habits in - microeconomic datasets that measure the behavior of - individual households. We show that the apparent - conflict can be explained by a model in which - consumers have accurate knowledge of their personal - circumstances but ‘sticky expectations’ about the - macroeconomy. In our model, the persistence of - aggregate consumption growth reflects consumers’ - imperfect attention to aggregate shocks. Our proposed - degree of (macro) inattention has negligible utility - costs, because aggregate shocks constitute only a - tiny proportion of the uncertainty that consumers - face.}, - month = {July}, - pages = {40--76}, - volume = {12}, - number= {3}, - doi = {10.3386/w24377}, - url = {http://www.nber.org/papers/w24377}, -} - -% Update in /Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/economics.bib as well as here -@article{cAndCwithStickyE, - author = {Carroll, Christopher D. and Crawley, Edmund and - Slacalek, Jiri and Tokuoka, Kiichi and - White, Matthew N.}, - journal = {American {Economic} {Journal:} {Macroeconomics}}, - title = {Sticky {Expectations} and {Consumption} {Dynamics}}, - year = {2020}, - abstract = {Macroeconomic models often invoke consumption - “habits” to explain the substantial persistence - of aggregate consumption growth. But a large - literature has found no evidence of habits in - microeconomic datasets that measure the behavior of - individual households. We show that the apparent - conflict can be explained by a model in which - consumers have accurate knowledge of their personal - circumstances but ‘sticky expectations’ about the - macroeconomy. In our model, the persistence of - aggregate consumption growth reflects consumers’ - imperfect attention to aggregate shocks. Our proposed - degree of (macro) inattention has negligible utility - costs, because aggregate shocks constitute only a - tiny proportion of the uncertainty that consumers - face.}, - month = {July}, - pages = {40--76}, - volume = {12}, - number= {3}, - doi = {10.1257/mac.20180286}, - url = {https://llorracc.github.io/cAndCwithStickyE} - } - -@techreport{kmv_pandemics, - author = {Greg Kaplan and Benjamin Moll and - Giovanni L. Violante}, - institution = {Princeton University}, - type = {mimeo}, - title = {The Great Lockdown and the Big Stimulus: Tracing the Pandemic Possibility Frontier for the U.S.}, - year = {2020}, -} - -@Article{covidC_chase, - author={Natalie Cox and Peter Ganong and Pascal Noel and Joseph Vavra and Arlene Wong and Diana Farrell and Fiona Greig}, - title={Initial Impacts of the Pandemic on Consumer Behavior: Evidence from Linked Income, Spending, and Savings Data}, - journal={Brookings Papers on Economic Activity}, - year=2020, - note={forthcoming}, -} - - -@TechReport{chetty_covidC, -author = {Raj Chetty and John Friedman and Nathaniel Hendren and Michael Stepner and The~Opportunity~Insights~Team}, - title = {How Did COVID-19 and Stabilization Policies Affect Spending and Employment? A New Real-Time Economic Tracker Based on Private Sector Data}, - year = {2020}, - institution={Harvard University}, - type={working paper}, -} - - -@Article{hpv:cycleTrend, - author={Jonathan Heathcote and Fabrizio Perri and Giovanni L. Violante}, - title={The Rise of US Earnings Inequality: Does the Cycle Drive the Trend?}, - journal={Review of Economic Dynamics}, - year=2020, -note={forthcoming}, -} - - - -@techreport{coibion_stimulus, - title = "How Did U.S. Consumers Use Their Stimulus Payments?", - author = "Coibion, Olivier and Gorodnichenko, Yuriy and Weber, Michael", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "27693", - year = "2020", - month = "August", - doi = {10.3386/w27693}, - URL = "http://www.nber.org/papers/w27693", - abstract = {Using a large-scale survey of U.S. consumers, we study how the large one-time transfers to individuals from the CARES Act affected their consumption, saving and labor-supply decisions. Most respondents report that they primarily saved or paid down debts with their transfers, with only about 15 percent reporting that they mostly spent it. When providing a detailed breakdown of how they used their checks, individuals report having spent or planning to spend only around 40 percent of the total transfer on average. This relatively low rate of spending out of a one-time transfer is higher for those facing liquidity constraints, who are out of the labor force, who live in larger households, who are less educated and those who received smaller amounts. We find no meaningful effect on labor-supply decisions from these transfer payments, except for twenty percent of the unemployed who report that the stimulus payment made them search harder for a job.}, -} - - -@techreport{casado_stimulus, - title = "The Effect of Fiscal Stimulus: Evidence from COVID-19", - author = "Casado, Miguel Garza and Glennon, Britta and Lane, Julia and McQuown, David and Rich, Daniel and Weinberg, Bruce A", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "27576", - year = "2020", - month = "August", - doi = {10.3386/w27576}, - URL = "http://www.nber.org/papers/w27576", - abstract = {Policymakers, faced with different options for replacing lost earnings, have had limited evidence to inform their decisions. The current economic crisis has highlighted the need for data that are local and timely so that different fiscal policy options on local economies can be more immediately evaluated. This paper provides a framework for evaluating real-time effects of fiscal policy on local economic activity using two new sources of near real-time data. The first data source is administrative records that provide universal, weekly, information on unemployment claimants. The second data source is transaction level data on economic activity that are available on a daily basis. We use shift-share approaches, combined with these two data sources and the novel cross-county variation in the incidence of the COVID-19 supplement to Unemployment Insurance to estimate the local impact of unemployment, earnings replacement, and their interaction on economic activity. We find that higher replacement rates lead to significantly more consumer spending – even with increases in the unemployment rate – consistent with the goal of the fiscal stimulus. Our estimates suggest that, based on the latest data, eliminating the Federal Pandemic Unemployment Compensation (FPUC) supplement would lead to a 44% decline in local spending. If the FPUC supplement is reduced to $200, resulting in a reduction of the replacement rate by 44%, spending would fall by 28%. Even if the FPUC supplement is reduced to $400, the replacement rate would fall by 29% and spending would fall by 12%. Because these data are available in every state, the approach can be used to inform decision making not just in this current crisis, but also in future recessions.}, -} - - - -@article{garner_receipt, - Author = {Garner, Thesia I. and Safir, Adam and Schild, Jake}, - institution = "U.S. Bureau of Labor Statistics", - Title = {Receipt and use of stimulus payments in the time of the Covid-19 pandemic}, - Journal = {Beyond the Numbers: Prices and Spending}, - Volume = {9}, - Number = {10}, - Year = {2020}, - Month = {August}, - URL = {"https://www.bls.gov/opub/btn/volume-9/receipt-and-use-of-stimulus-payments-in-the-time-of-the-covid-19-pandemic.htm"}, -} -n@article{wachter_scarring, -Author = {Oreopoulos, Philip and {von Wachter}, Till and Heisz, Andrew}, -Title = {The Short- and Long-Term Career Effects of Graduating in a Recession}, -Journal = {American Economic Journal: Applied Economics}, -Volume = {4}, -Number = {1}, -Year = {2012}, -Month = {January}, -Pages = {1--29}, -} - -@article{yagan_hysteresis, - author = {Yagan, Danny}, - title = {Employment Hysteresis from the Great Recession}, - journal = {Journal of Political Economy}, - volume = {127}, - number = {5}, - pages = {2505--2558}, - year = {2019}, -} - -@inproceedings{carroll_et_al-proc-scipy-2018, - author = {Christopher D. Carroll and - Alexander M. Kaufman and - Jacqueline L. Kazil and Nathan M. Palmer and - Matthew N. White}, - booktitle = {{P}roceedings of the 17th {P}ython in {S}cience - {C}onference}, - editor = {{F}atih {A}kici and {D}avid {L}ippa and - {D}illon {N}iederhut and {M} {P}acer}, - note = {doi: - \href{https://doi.org/10.5281/zenodo.1001067}{10.5281/zenodo.1001067}}, - pages = {25 - 30}, - title = {{T}he {E}con-{A}{R}{K} and {H}{A}{R}{K}: {O}pen - {S}ource {T}ools for {C}omputational {E}conomics}, - year = {2018}, - doi = {10.25080/Majora-4af1f417-004}, -} - - -@article{kmpHandbook, - author = {Krueger, Dirk and Mitman, Kurt and Perri, Fabrizio}, - journal = {Handbook of Macroeconomics}, - pages = {843--921}, - publisher = {Elsevier}, - title = {Macroeconomics and Household Heterogeneity}, - volume = {2}, - year = {2016}, - abstract = {The goal of this chapter is to study how, and by how - much, household income, wealth, and preference - heterogeneity amplify and propagate a macroeconomic - shock. We focus on the U.S. Great Recession of - 2007-2009 and proceed in two steps. First, using data - from the Panel Study of Income Dynamics, we document - the patterns of household income, consumption and - wealth inequality before and during the Great - Recession. We then investigate how households in - different segments of the wealth distribution were - affected by income declines, and how they changed - their expenditures differentially during the - aggregate downturn. Motivated by this evidence, we - study several variants of a standard heterogeneous - household model with aggregate shocks and an - endogenous cross-sectional wealth distribution. Our - key finding is that wealth inequality can - significantly amplify the impact of an aggregate - shock, and it does so if the distribution features a - sufficiently large fraction of households with very - little net worth that sharply increase their saving - (i.e. they are not hand-to mouth) as the recession - hits. We document that both these features are - observed in the PSID. We also investigate the role - that social insurance policies, such as unemployment - insurance, play in shaping the cross-sectional income - and wealth distribution, and through it, the dynamics - of business cycles.}, - doi = {10.3386/w22319}, - url = {http://www.nber.org/papers/w22319}, -} - -@article{hrsHabit, - author = {Havranek, Tomas and Rusnak, Marek and Sokolova, Anna}, - journal = {European Economic Review}, - pages = {142--167}, - publisher = {Elsevier}, - title = {Habit formation in consumption: A meta-analysis}, - volume = {95}, - year = {2017}, - doi = {10.1016/j.euroecorev.2017.03.009}, - url = {https://doi.org/10.1016/j.euroecorev.2017.03.009}, -} - -@techreport{SpanishSpending, - author = {Carvalho, V.M and J.R. Garcia and S. Hansen and - A. Ortiz and T. Rodrigo and J.V. Mora Rodriguez and - J. Ruiz}, - institution = {Cambridge University}, - journal = {Cambridge Working Papers in Economics CWPE2030)}, - title = {Tracking the COVID-19 Crisis with High-Resolution - Transaction Data}, - year = {2020}, -} - -@article{denmark_pandemics, - author = {Asger Lau Andersen and Emil Toft Hansen and - Niels Johannesen and Adam Sheridan}, - journal = {Covid Economics}, - pages = {88--111}, - title = {Consumer Responses to the COVID-19 Crisis: Evidence - from Bank Account Transaction Data}, - volume = {7}, - year = {2020}, -} - -@techreport{krugman_corona, - author = {Paul Krugman}, - institution = {City University of New York}, - type = {mimeo}, - title = {Notes on Coronacoma Economics}, - year = {2020}, -} - -@techreport{hkpMemory, - author = {Hai, Rong and Krueger, Dirk and Postlewaite, Andrew}, - institution = {National Bureau of Economic Research}, - number = {19386}, - type = {working paper}, - title = {On the Welfare Cost of Consumption Fluctuations in - the Presence of Memorable Goods}, - year = {2013}, -} - -@techreport{ert_covid, - author = {Eichenbaum, Martin S. and Rebelo, Sergio and - Trabandt, Mathias}, - institution = {National Bureau of Economic Research}, - number = {26882}, - type = {working paper}, - title = {The Macroeconomics of Epidemics}, - year = {2020}, -} - -@techreport{aal_covid, - author = {Fernando Alvarez and David Argente and - Francesco Lippi}, - institution = {University of Chicago}, - number = {34}, - type = {BFI working paper}, - title = {A Simple Planning Problem for {COVID}-19 Lockdown}, - year = {2020}, -} - -@techreport{covidMacroImpl, - author = {Guerrieri, Veronica and Lorenzoni, Guido and - Straub, Ludwig and Werning, Ivan}, - institution = {National Bureau of Economic Research}, - number = {26918}, - type = {working paper}, - title = {Macroeconomic Implications of {COVID}-19: Can - Negative Supply Shocks Cause Demand Shortages?}, - year = {2020}, -} - -@article{healthWealth, - author = {Andrew Glover and Jonathan Heathcote and Dirk Krueger and - Jos{\'e}-V{\'\i}ctor R{\'\i}os-Rull}, - journal = {Covid Economics}, - pages = {22--64}, - title = {Health versus Wealth: On the Distributional Effects - of Controlling a Pandemic}, - volume = {6}, - year = {2020}, -} - -@article{faria_FPpandemic, - author = {Miguel {Faria-e-Castro}}, - journal = {Covid Economics}, - pages = {67--101}, - title = {Fiscal Policy during a Pandemic}, - volume = {2}, - year = {2020}, -} - -@techreport{bayer_corona, - author = {Christian Bayer and Benjamin Born and Ralph Luetticke and - Gernot J. M\"{u}ller}, - institution = {CEPR}, - number = {14600}, - type = {discussion paper}, - title = {The Coronavirus Stimulus Package: How Large Is the - Transfer Multiplier?}, - year = {2020}, -} - -@techreport{baker_Cpandemic, - author = {Baker, Scott R. and Farrokhnia, R. A. and - Meyer, Steffen and Pagel, Michaela and - Yannelis, Constantine}, - institution = {National Bureau of Economic Research}, - number = {26949}, - type = {working paper}, - title = {How Does Household Spending Respond to an Epidemic? - Consumption During the 2020 COVID-19 Pandemic}, - year = {2020}, -} - -@article{jorda_pandemics, - author = {Jorda, Oscar and Singh, Sanjay R. and - Taylor, Alan M.}, - journal = {Covid Economics}, - pages = {1--15}, - title = {Longer-run Economic Consequences of Pandemics}, - volume = {1}, - year = {2020}, -} - -@techreport{verner_pandemics, - author = {Sergio Correia and Stephan Luck and Emil Verner}, - institution = {MIT Sloan}, - type = {mimeo}, - title = {Pandemics Depress the Economy, Public Health - Interventions Do Not: Evidence from the 1918 Flu}, - year = {2020}, -} - -@article{cstwMPC, - author = {Christopher D. Carroll and Jiri Slacalek and - Kiichi Tokuoka and Matthew N. White}, - journal = {Quantitative Economics}, - month = {November}, - note = {At - \url{http://econ.jhu.edu/people/ccarroll/papers/cstwMPC}}, - pages = {977-1020}, - title = {The Distribution of Wealth and the Marginal - Propensity to Consume}, - volume = {8}, - year = {2017}, - doi = {10.3982/QE694}, - url = {http://onlinelibrary.wiley.com/doi/10.3982/QE694/pdf}, -} - -@techreport{JPMorganBlog2020, - author = {JPMorgan}, - institution = {JPMorgan}, - month = {March}, - type = {Blog post}, - title = {Fallout from COVID-19: Global Recession, Zero - Interest Rates and Emergency Policy Actions}, - year = {2020}, - url = {https://www.jpmorgan.com/global/research/fallout-from- - covid19}, -} - -@techreport{Bloomberg1, - author = {Bloomberg}, - institution = {Bloomberg}, - month = {March}, - type = {Press article}, - title = {Mnuchin Warns Virus Could Yield 20\% Jobless Rate - Without Action}, - year = {2020}, - url = {https://www.bloomberg.com/news/articles/2020-03-17/mnuchin- - warns-virus-could-yield-20-jobless-rate-without-action- - k7wheob8}, -} - -@techreport{Bloomberg2, - author = {Bloomberg}, - institution = {Bloomberg}, - month = {March}, - type = {Press article}, - title = {U.S. Jobless Rate May Soar to 30\%, Fed's Bullard - Says}, - year = {2020}, - url = {https://www.bloomberg.com/news/articles/2020-03-22/fed-s- - bullard-says-u-s-jobless-rate-may-soar-to-30-in-2q}, -} - -@techreport{FariaBlog2020, - author = {{Faria-e-Castro}, Miguel}, - institution = {Federal Reserve Bank, St. Louis}, - month = {March}, - type = {Blog post}, - title = {Back-of-the-Envelope Estimates of Next Quarter's - Unemployment Rate}, - year = {2020}, - url = {https://www.stlouisfed.org/on-the-economy/2020/march/back- - envelope-estimates-next-quarters-unemployment-rate}, -} - -@techreport{BickBlandin2020, - author = {Alexander Bick and Adam Blandin}, - institution = {Arizona State University}, - month = {April}, - type = {Working paper}, - title = {Real Time Labor Market Estimates During the 2020 - Coronavirus Outbreak}, - year = {2020}, - url = {https://alexbick.weebly.com/uploads/1/0/1/3/101306056/ - bb_covid.pdf}, -} - -@techreport{GasconCOVID2020, - author = {Gascon, Charles}, - institution = {Federal Reserve Bank, St. Louis}, - month = {March}, - type = {Blog post}, - title = {COVID-19: Which Workers Face the Highest Unemployment - Risk?}, - year = {2020}, - url = {https://www.stlouisfed.org/on-the-economy/2020/march/covid- - 19-workers-highest-unemployment-risk}, -} - -@techreport{LeiboviciSocial2020, - author = {Leibovici, Fernando and Santacreu, Ana Maria}, - institution = {Federal Reserve Bank, St. Louis}, - month = {March}, - type = {Blog post}, - title = {Social Distancing and Contact-Intensive Occupations}, - year = {2020}, - url = {https://www.stlouisfed.org/on-the-economy/2020/march/social- - distancing-contact-intensive-occupations}, -} - -@techreport{covid_USsurvey, - author = {Abi {Adams-Prassl} and Teodora Boneva and Marta Golin and - Christopher Rauh}, - institution = {Oxford University}, - type = {mimeo}, - title = {Inequality in the Impact of the Coronavirus Shock: - New Survey Evidence for the US}, - year = {2020}, -} - -@article{cyranoski_we_2020, - author = {Cyranoski, David}, - journal = {Nature}, - month = mar, - title = {`{We} need to be alert': {Scientists} fear second - coronavirus wave as {China}'s lockdowns ease}, - year = {2020}, - abstract = {Other countries on lockdown will be watching for a - resurgence of infections in Hubei province now that - travel restrictions are lifting.}, - doi = {10.1038/d41586-020-00938-0}, - language = {en}, - url = {https://www.nature.com/articles/d41586-020-00938-0}, -} - -@techreport{SwagelCBO2020, - author = {Swagel, Phill}, - institution = {Congressional Budget Office}, - month = {April}, - type = {Blog post}, - title = {Updating CBO's Economic Forecast to Account for the - Pandemic}, - year = {2020}, - url = {https://www.cbo.gov/publication/56314}, -} - -@article{carroll_sticky_2020, - author = {Carroll, Christopher D. and Crawley, Edmund and - Slacalek, Jiri and Tokuoka, Kiichi and - White, Matthew N.}, - journal = {American {Economic} {Journal:} {Macroeconomics}}, - title = {Sticky {Expectations} and {Consumption} {Dynamics}}, - volume = {Forthcoming}, - year = {2020}, - abstract = {Macroeconomic models often invoke consumption - “habits” to explain the substantial persistence - of aggregate consumption growth. But a large - literature has found no evidence of habits in - microeconomic datasets that measure the behavior of - individual households. We show that the apparent - conflict can be explained by a model in which - consumers have accurate knowledge of their personal - circumstances but ‘sticky expectations’ about the - macroeconomy. In our model, the persistence of - aggregate consumption growth reflects consumers’ - imperfect attention to aggregate shocks. Our proposed - degree of (macro) inattention has negligible utility - costs, because aggregate shocks constitute only a - tiny proportion of the uncertainty that consumers - face.}, - doi = {10.3386/w24377}, - url = {http://www.nber.org/papers/w24377}, -} - -@article{psjmMPC2008, - author = {Parker, Jonathan A and Souleles, Nicholas S and - Johnson, David S and McClelland, Robert}, - journal = {The American Economic Review}, - month = {October}, - number = {6}, - pages = {2530--2553}, - publisher = {American Economic Association}, - title = {Consumer spending and the economic stimulus payments - of 2008}, - volume = {103}, - year = {2013}, -} - -@article{brodaParker, - author = {Broda, Christian and Parker, Jonathan A.}, - journal = {Journal of Monetary Economics}, - number = {S}, - pages = {20--36}, - title = {The Economic Stimulus Payments of 2008 and the - Aggregate Demand for Consumption}, - volume = {68}, - year = {2014}, -} - -@article{parker25million, - author = {Jonathan A. Parker}, - journal = {American Economic Journal: Macroeconomics}, - month = {October}, - number = {9}, - pages = {153--183}, - title = {Why Don't Households Smooth Consumption? Evidence - from a \$25 Million Experiment}, - volume = {4}, - year = {2017}, -} - -@techreport{fhnMPC, - author = {Andreas Fagereng and Martin B. Holm and - Gisle J. Natvik}, - institution = {Statistics Norway}, - type = {discussion paper}, - title = {MPC Heterogeneity and Household Balance Sheets}, - volume = {852}, - year = {2017}, -} - -@misc{nyFedCoronaBlog, - author = {Olivier Armantier and Gizem Kosar and - Rachel Pomerantz and Daphne Skandalis and Kyle Smith and - Giorgio Topa and Wilbert {van der Klaauw}}, - howpublished = - {\href{https://libertystreeteconomics.newyorkfed.org/2020/04/coronavirus-outbreak-sends-consumer-expectations-plummeting.html}{URL - link retrieved on 04/07/2020 \texttt{here}.}}, - journal = {Liberty Street Economics}, - number = {April 6}, - type = {Blog}, - title = {Coronavirus Outbreak Sends Consumer Expectations - Plummeting}, - year = {2020}, -} - -@incollection{BrownLiebmanPollet, - author = {Jeffrey Brown and Jeffrey B. Liebman and - Joshua Pollett}, - booktitle = {The Distributional Aspects of Social Security and - Social Security Reform}, - editor = {Martin Feldstein and Jeffrey B. Liebman}, - pages = {447--457}, - publisher = {University of Chicago Press}, - title = {Estimating Life Tables That Reflect Socioeconomic - Differences in Mortality}, - year = {2002}, -} - -@article{SabelhausSong, - author = {John Sabelhaus and Jae Song}, - journal = {Journal of Monetary Economics}, - number = {4}, - pages = {391--403}, - title = {The Great Moderation in Micro Labor Earnings}, - volume = {57}, - year = {2010}, -} - -@article{Cagetti, - author = {Marco Cagetti}, - journal = {Journal of Business and Economic Statistics}, - number = {3}, - pages = {339--353}, - title = {Wealth Accumulation Over the Life Cycle and - Precautionary Savings}, - volume = {21}, - year = {2003}, -} - -@article{carroll_EGM, - author = {Christopher D. Carroll}, - journal = {Economics Letters}, - number = {3}, - pages = {312--320}, - title = {The Method of Endogenous Gridpoints for Solving - Dynamic Stochastic Optimization Problems}, - volume = {91}, - year = {2006}, -} - - - -@Article{covidC_chase, - author={Natalie Cox and Peter Ganong and Pascal Noel and Joseph Vavra and Arlene Wong and Diana Farrell and Fiona Greig}, - title={Initial Impacts of the Pandemic on Consumer Behavior: Evidence from Linked Income, Spending, and Savings Data}, - journal={Brookings Papers on Economic Activity}, - year=2020, - note={forthcoming}, -} - - -@TechReport{chetty_covidC, -author = {Raj Chetty and John Friedman and Nathaniel Hendren and Michael Stepner and The Opportunity Insights Team}, - title = {How Did COVID-19 and Stabilization Policies Affect Spending and Employment? A New Real-Time Economic Tracker Based on Private Sector Data}, - year = {2020}, - institution={Harvard University}, - type={working paper}, -} - -@Article{hpv:cycleTrend, - author={Jonathan Heathcote and Fabrizio Perri and Giovanni L. Violante}, - title={The Rise of US Earnings Inequality: Does the Cycle Drive the Trend?}, - journal={Review of Economic Dynamics}, - year=2020, -note={forthcoming}, -} - - -@article{barroDoubleCounting, - title = {Double-Counting of Investment}, - author = {Robert J. Barro}, - year = {2019}, - month = {September}, - journal = {Manuscript, Harvard University}, - note = {Presentation at Johns Hopkins University macroeconomics seminar}, - url = {https://www.econ2.jhu.edu/seminars/Fall2019/Double-countingpaper.pdf} -} - -@misc{DiamondOLGDemARK, - author = {Econ-ARK}, - title = {\href{https://github.com/econ-ark/DemARK/blob/master/notebooks/DiamondOLG.ipynb}{DiamondOLG}}, - url = {https://github.com/econ-ark/DemARK/blob/master/notebooks/DiamondOLG}, -} - - -@ARTICLE{solowTheory, -title = {\href{https://www.elgaronline.com/view/journals/roke/6-4/roke.2018.04.02.xml}{A theory is a sometime thing}}, -author = {Solow, Robert}, -year = {2018}, -journal = {Review of Keynesian Economics}, -volume = {6}, -number = {4}, -pages = {421-424}, -url = {https://EconPapers.repec.org/RePEc:elg:rokejn:v:6:y:2018:i:4:p421-424} -} - -@Preamble{ "\providecommand{\noopsort}[1]{} " -# "\providecommand{\singleletter}[1]{#1} " } - -@article{cctwMoM, - author = {Carroll, Christopher D. and Karsten Chipeniuk and Kiichi Tokuoka and Weifeng Wu}, - title = {The Method of Moderation}, - journal = {Manuscript, Johns Hopkins University}, - year = 2020, - url = {http://econ.jhu.edu/people/ccarroll/cctwMoM} -} - -@Book{bellmanDynamicProgramming, - author = "Bellman, Richard", - title = "Dynamic Programming", - publisher = "Princeton University Press", - year = "1957", - address = "Princeton, NJ, USA", - edition = "1", - bib2html_rescat = "General RL", -} - - -@ARTICLE{chkLiqConstr, - author = {Carroll, Christopher D. and Martin Holm and Miles S. Kimball}, - title = {Liquidity Constraints and Precautionary Saving}, - journal = {\href{https://www.econ2.jhu.edu/people/ccarroll/papers/LiqConstr}{Manuscript, Johns Hopkins University}}, - year = 2019, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/LiqConstr}}, - url = {http://econ.jhu.edu/people/ccarroll/papers/LiqConstr} -} - - -@article{guerrieri2017credit, - title={Credit crises, precautionary savings, and the liquidity trap}, - author={Guerrieri, Veronica and Lorenzoni, Guido}, - journal={The Quarterly Journal of Economics}, - volume={132}, - number={3}, - pages={1427--1467}, - year={2017}, - publisher={Oxford University Press} -} - -@article{glLiq, - author = {Guerrieri, Veronica and Lorenzoni, Guido}, - journal = {The Quarterly Journal of Economics}, - number = {3}, - pages = {1427--1467}, - publisher = {Oxford University Press}, - title = {Credit crises, precautionary savings, and the - liquidity trap}, - volume = {132}, - year = {2017}, -} - -@article{blPrecautionary, - title={Precautionary savings, illiquid assets, and the aggregate consequences of shocks to household income risk}, - author={Bayer, Christian and L{\"u}tticke, Ralph and Pham-Dao, Lien and Tjaden, Volker}, - journal={Econometrica}, - volume={87}, - number={1}, - pages={255--290}, - year={2019}, - publisher={Wiley Online Library} -} - -@article{khanMacroPru, - author = {Shujaat Khan}, - title = {Macroprudential Policies in a Heterogeneous Agent Model of Housing Default}, - journal = {Department of Economics, Johns Hopkins University}, - year = {2019}, - url = {https://pdfs.semanticscholar.org/8e9d/dfe7c204bbfa8a23f42f4931461fb467fc08.pdf?_ga=2.95712860.1156899890.1563925023-1991616136.1563925023} -} - -@article{SSinHANK, - title = {Monetary Policy Transmission with Many Agents}, - author = {Crawley, Edmund and Seungcheol Lee}, - journal = {Manuscript, Johns Hopkins University}, - year = {2019}, - month = {March}, -} - -@article{blSolving, - title = {Solving Heterogeneous Agent Models In Discrete Time With Many Idiosyncratic States By Perturbation Methods}, - author = {Christian Bayer and Ralph Luetticke}, - journal = {Centre for Economic Policy Research}, - volume = {Discussion Paper 13071}, - year = 2018 -} - -@article{carrollHeteroAndMacro, - title = {Heterogeneity and Macro Modeling In Policymaking Institutions}, - year = {2019}, - journal = {Presentation to the Heads of Research of the European Central Banks}, - url = {https://mybinder.org/v2/gh/econ-ark/PARK/master?filepath=Hetero-And-Macro/Hetero-And-Macro.ipynb} -} - -@article{auclertMonetary, - title={Monetary policy and the redistribution channel}, - author={Auclert, Adrien}, - journal={American Economic Review}, - volume={109}, - number={6}, - pages={2333--67}, - year={2019} -} - -@article{ccarrollHeteroAndMacro, - author = {Carroll, Christopher}, - title = {Heterogeneity and Macro Modeling In Policymaking Institutions}, - journal = {Presentation to the Heads of Research of the European Central Banks}, - year = 2019 -} - -@article{klRiskPremia, - author = {Rohan Kekre and Moritz Lenel}, - title = {Redistribution, risk premia, and the macroeconomy}, - journal = {Slides Presented at NBER `Micro to Macro' Working Group}, - year = 2019 -} - -@article{wolfGEInvariance, - author = {Wolf, Christian}, - title = {The Missing Intercept: A Sufficient Statistics Approach to General Equilibrium Effects}, - journal = {Slides Presented at NBER `Micro to Macro' Working Group}, - year = 2019 -} - -@article{CrawleyMonPolicywithHeterogeneity, - author = {Crawley, Edmund}, - title = {Intro to Monetary Policy with Heterogeneity}, - journal = {Slides Presented at JHU ``Computational Methods in Economics''}, - year = 2019 -} - - -@book{beckenbach1983inequalities, -volume = {30}, -publisher = {Springer}, -year = {1983}, -edition = {reprint}, -title = {Inequalities}, -author = {Beckenbach, Edwin F and Bellman, Richard} -} - -@article{druedahl2018precautionary, - title={Precautionary borrowing and the credit card debt puzzle}, - author={Druedahl, Jeppe and J{\o}rgensen, Casper Nordal}, - journal={Quantitative Economics}, - volume={9}, - number={2}, - pages={785--823}, - year={2018}, - publisher={Wiley Online Library} -} - -@article{park2006analytical, - title={An analytical solution to the inverse consumption function with liquidity constraints}, - author={Park, Myung-Ho}, - journal={Economics Letters}, - volume={92}, - number={3}, - pages={389--394}, - year={2006}, - publisher={Elsevier} -} - -@article{nishiyama2012concavity, - title={On the Concavity of the Consumption Function with a Quadratic Utility under Liquidity Constraints}, - author={Nishiyama, Shin-Ichi and Kato, Ryo}, - journal={Theoretical Economics Letters}, - volume={2}, - number={05}, - pages={566}, - year={2012}, - publisher={Scientific Research Publishing} -} - -@article{holm2018consumption, - title={Consumption with liquidity constraints: An analytical characterization}, - author={Holm, Martin Blomhoff}, - journal={Economics Letters}, - volume={167}, - pages={40--42}, - year={2018}, - publisher={Elsevier} -} - - -@article{lee2007degree, - title={The degree of precautionary saving: A reexamination}, - author={Lee, Jeong-Joon and Sawada, Yasuyuki}, - journal={Economics Letters}, - volume={96}, - number={2}, - pages={196--201}, - year={2007}, - publisher={Elsevier} -} - -@article{lee2010precautionary, - title={Precautionary saving under liquidity constraints: Evidence from rural Pakistan}, - author={Lee, Jeong-Joon and Sawada, Yasuyuki}, - journal={Journal of Development Economics}, - volume={91}, - number={1}, - pages={77--86}, - year={2010}, - publisher={Elsevier} -} - - -@article{fulford2015important, - title={How important is variability in consumer credit limits?}, - author={Fulford, Scott L}, - journal={Journal of Monetary Economics}, - volume={72}, - pages={42--63}, - year={2015}, - publisher={Elsevier} -} - - - -@article{kmvHANK, - author = {Kaplan, Greg and Moll, Benjamin and - Violante, Giovanni L.}, - journal = {American Economic Review}, - month = {March}, - number = {3}, - pages = {697--743}, - title = {Monetary Policy According to HANK}, - volume = {108}, - year = {2018}, - abstract = {We revisit the transmission mechanism of monetary policy for household consumption in a Heterogeneous Agent New Keynesian (HANK) model. The model yields empirically realistic distributions of household wealth and marginal propensities to consume because of two key features: multiple assets with different degrees of liquidity and an idiosyncratic income process with leptokurtic income changes. In this environment, the indirect effects of an unexpected cut in interest rates, which operate through a general equilibrium increase in labor demand, far outweigh direct effects such as intertemporal substitution. This finding is in stark contrast to small- and medium-scale Representative Agent New Keynesian (RANK) economies, where intertemporal substitution drives virtually all of the transmission from interest rates to consumption.}, -} - - -@techreport{fuhrerIntrinsicPersistence, - author = {Fuhrer, Jeffrey C.}, - institution = {Federal Reserve Bank of Boston}, - month = may, - number = {18-9}, - type = {working paper}, - title = {Intrinsic Expectations Persistence: Evidence from - Professional and Household Survey Expectations}, - year = {2018}, -} - - -@techreport{kuengTaxnews, - author = {Lorenz Kueng}, - type = {working paper}, - title = {Tax News: Identifying the Household Consumption - Response to Tax Expectations Using Municipal Bond - Prices}, - institution = {Northwestern University}, - year = {2012}, - url = {http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.646.4710}, -} - - -@article{kvwWealthyH2m, - author = {Kaplan, Greg and Violante, Gianluca and Weidner, Justin}, - journal = {Brookings Papers on Economic Activity}, - pages = {77--138}, - title = {The Wealthy Hand-to-Mouth}, - volume = {Spring}, - year = {2014}, - abstract = {The wealthy hand-to-mouth are households who hold - little or no liquid wealth (e.g. cash, checking, and - saving accounts), despite owning sizable amounts of - illiquid assets (i.e., assets that carry a - transaction cost, such as housing, large durables, or - retirement accounts). This portfolio configuration - implies that these households have large marginal - propensities to consume out of small income changes - –a key determinant of the macroeconomic - effects of fiscal policy. The wealthy hand-to-mouth, - therefore, behave in many respects like households - with little or no net worth, yet they escape standard - definitions (and empirical measurements) of - hand-to-mouth agents based on net worth. We use - survey data on household portfolios for the U.S., - Canada, Australia, the U.K., Germany, France, Italy, - and Spain to document the share of such households - across countries, their demographic characteristics, - the composition of their balance sheet, and the - persistence of hand-to-mouth status over the life - cycle. Finally, we discuss the implications of this - group of consumers for macroeconomic modelling and - policy analysis.}, -} - -@techreport{arsInvestmentInattention, - author = {Adrien Auclert and Matthew Rognlie and Ludwig Straub}, - institution = {Stanford University}, - type = {mimeo}, - title = {Investment, Heterogeneity, and Inattention}, - year = {2019}, -} - -@article{ktvHousingWealthEffect, - title={The Housing Wealth Effect: Quasi-Experimental Evidence}, - author={Kessel, Dany and Tyrefors, Bj{\"o}rn and Vestman, Roine}, - journal={Available at SSRN}, - year={2019} -} - -@article{pjInfo, - title={Information sharing in credit markets}, - author={Pagano, Marco and Jappelli, Tullio}, - journal={The Journal of Finance}, - volume={48}, - number={5}, - pages={1693--1718}, - year={1993}, - publisher={Wiley Online Library} -} - -@article{sims_beyondLQ, - author = {Christopher A. Sims}, - journal = {American Economic Review}, - month = {May}, - number = {2}, - pages = {158--163}, - title = {Rational Inattention: Beyond the Linear--Quadratic - Case}, - volume = {96}, - year = {2006}, -} - -@article{tutino_RIconsumption, - author = {Antonella Tutino}, - journal = {Review of Economic Dynamics}, - month = {July}, - number = {3}, - pages = {421--439}, - title = {Rationally Inattentive Consumption Choices}, - volume = {16}, - year = {2013}, -} - -@article{opLiquidH2M, - author = {Olafsson, Arna and Pagel, Michaela}, - journal = {The Review of Financial Studies}, - number = {11}, - pages = {4398--4446}, - title = {The Liquid Hand-to-Mouth: Evidence from Personal - Finance Management Software}, - volume = {31}, - year = {2018}, -} - -@article{dornbuschOvershooting, -author = {Dornbusch, Rudiger}, -title = {Expectations and Exchange Rate Dynamics}, -journal = {Journal of Political Economy}, -volume = {84}, -number = {6}, -pages = {1161-1176}, -year = {1976}, -doi = {10.1086/260506}, -URL = { https://doi.org/10.1086/260506}, -eprint = {https://doi.org/10.1086/260506}, -abstract = { The paper develops a theory of exchange rate movements under perfect capital mobility, a slow adjustment of goods markets relative to asset markets, and consistent expectations. The perfect foresight path is derived and it is shown that along that along that path a monetary expansion causes the exchange rate to depreciate. An initial overshooting of exchange rates is shown to derive from differential adjustment speed of markets. The magnitude and persistence of the overshooting is developed in terms of the structural parameters of the model. To the extent that output responds to a monetary expansion in the short run, this acts a a dampening effect on exchange depreciation and may, in fact, lead to an increase in interest rates. } -} - -@article{bmpMITshocks, - author = {Boppart, Timo and Krusell, Per and Mitman, Kurt}, - journal = {Journal of Economic Dynamics and Control}, - number = {C}, - pages = {68--92}, - title = {Exploiting MIT Shocks in Heterogeneous-Agent - Economies: The Impulse Response as a Numerical - Derivative}, - volume = {89}, - year = {2018}, -} - -@article{cochrane_nearRational, - author = {Cochrane, John H}, - journal = {American Economic Review}, - month = {June}, - number = {3}, - pages = {319--337}, - title = {The Sensitivity of Tests of the Intertemporal - Allocation of Consumption to Near-Rational - Alternatives}, - volume = {79}, - year = {1989}, -} - -@article{reis:inattentive, - author = {Reis, Ricardo}, - journal = {Journal of Monetary Economics}, - number = {8}, - pages = {1761--1800}, - publisher = {Elsevier}, - title = {Inattentive Consumers}, - volume = {53}, - year = {2006}, -} - -@article{mw09:RI, - author = {Ma\'{c}kowiak, Bartosz and Mirko Wiederholt}, - journal = {American Economic Review}, - month = {June}, - number = {3}, - pages = {769-803}, - title = {{Optimal Sticky Prices under Rational Inattention}}, - volume = {99}, - year = {2009}, - abstract = {This paper presents a model in which price setting - firms decide what to pay attention to, subject to a - constraint on information flow. When idiosyncratic - conditions are more variable or more important than - aggregate conditions, firms pay more attention to - idiosyncratic conditions than to aggregate - conditions. When we calibrate the model to match the - large average absolute size of price changes observed - in micro data, prices react fast and by large amounts - to idiosyncratic shocks, but only slowly and by small - amounts to nominal shocks. Nominal shocks have strong - and persistent real effects. (JEL D21, D83, E31, - E52)}, - doi = {}, - url = {https://ideas.repec.org/a/aea/aecrev/v99y2009i3p769- - 803.html}, -} - -@article{LuoRinGE, - author = {Yulei Luo and Jun Nie and Gaowang Wang and - Eric R. Young}, - journal = {Journal of Economic Theory}, - volume = {172}, - pages = {55--87}, - title = {Rational Inattention and the Dynamics of Consumption - and Wealth in General Equilibrium}, - year = {2017}, -} - -@article{luo:inatC, - author = {Yulei Luo}, - journal = {Review of Economic Dynamics}, - number = {2}, - pages = {366--385}, - title = {Consumption Dynamics under Information Processing - Constraints}, - volume = {11}, - year = {2008}, -} - -@article{ludvigson&michaelides:excesses, - author = {Ludvigson, Sydney and Alexander Michaelides}, - journal = {American Economic Review}, - month = {June}, - number = {3}, - pages = {631--647}, - title = {Does Buffer Stock Saving Explain the Smoothness and - Excess Sensitivity of Consumption?}, - volume = {91}, - year = {2001}, -} - -@article{bppInequality, - author = {Blundell, Richard and Pistaferri, Luigi and - Preston, Ian}, - journal = {American Economic Review}, - month = {December}, - number = {5}, - pages = {1887--1921}, - title = {Consumption Inequality and Partial Insurance}, - volume = {98}, - year = {2008}, -} - - -@techreport{aydinCresponse, - author = {Deniz Ayd{\i}n}, - institution = {Washington University, St.\ Louis}, - type = {mimeo}, - title = {Consumption Response to Credit Expansions: Evidence - from Experimental Assignment of 45,307 Credit Lines}, - year = {2018}, -} - -@article{carroll&kimball:concavity, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - journal = {Econometrica}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/concavity.pdf}}, - number = {4}, - pages = {981--992}, - title = {On the {C}oncavity of the {C}onsumption {F}unction}, - volume = {64}, - year = {1996}, - url = {http://econ.jhu.edu/people/ccarroll/concavity.pdf}, -} - -@article{pistaferriSuperior, - author = {Luigi Pistaferri}, - journal = {The Review of Economics and Statistics}, - month = {August}, - number = {3}, - pages = {465-476}, - title = {Superior Information, Income Shocks, And The - Permanent Income Hypothesis}, - volume = {83}, - year = {2001}, -} - -@article{gsInferring, - author = {Guvenen, Fatih and Smith, Anthony A.}, - journal = {Econometrica}, - number = {6}, - pages = {2085-2129}, - title = {Inferring Labor Income Risk and Partial Insurance - From Economic Choices}, - volume = {82}, - year = {2014}, - abstract = {This paper uses the information contained in the - joint dynamics of individuals' labor earnings and - consumption-choice decisions to quantify both the - amount of income risk that individuals face and the - extent to which they have access to informal - insurance against this risk. We accomplish this task - by using indirect inference to estimate a structural - consumption–savings model, in which individuals - both learn about the nature of their income process - and partly insure shocks via informal mechanisms. In - this framework, we estimate (i) the degree of partial - insurance, (ii) the extent of systematic differences - in income growth rates, (iii) the precision with - which individuals know their own income growth rates - when they begin their working lives, (iv) the - persistence of typical labor income shocks, (v) the - tightness of borrowing constraints, and (vi) the - amount of measurement error in the data. In - implementing indirect inference, we find that an - auxiliary model that approximates the true structural - equations of the model (which are not estimable) - works very well, with negligible small sample bias. - The main substantive findings are that income shocks - are moderately persistent, systematic differences in - income growth rates are large, individuals have - substantial amounts of information about their income - growth rates, and about one-half of income shocks are - smoothed via partial insurance. Putting these - findings together, the amount of uninsurable lifetime - income risk that individuals perceive is - substantially smaller than what is typically assumed - in calibrated macroeconomic models with incomplete - markets.}, - doi = {10.3982/ECTA9446}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.3982/ECTA9446}, -} - -@article{kennickellPermanent, - author = {Kennickell, Arthur}, - journal = {mimeo, Board of Governors of the Federal Reserve - System}, - title = {Saving and Permanent Income: Evidence from the 1992 - SCF}, - year = {1995}, -} - -@article{wilcox:aer, - author = {Wilcox, David W.}, - journal = {American Economic Review}, - number = {4}, - pages = {922--941}, - title = {The Construction of U.S. Consumption Data: Some Facts - and Their Implications for Empirical Work}, - volume = {82}, - year = {1992}, -} - -@article{soulelesTaxRefunds, - author = {Souleles, Nicholas S.}, - journal = {American Economic Review}, - month = {September}, - number = {4}, - pages = {947--958}, - title = {The Response of Household Consumption to Income Tax - Refunds}, - volume = {89}, - year = {1999}, -} - -@article{BrowningColladoAER, - author = {Browning, Martin and Collado, M. Dolores}, - journal = {American Economic Review}, - number = {3}, - pages = {681--692}, - title = {The Response of Expenditures to Anticipated Income - Changes: Panel Data Estimates}, - volume = {91}, - year = {2001}, -} - -@article{hsiehAlaska, - author = {Hsieh, Chang-Tai}, - journal = {American Economic Review}, - number = {1}, - pages = {397--405}, - title = {Do consumers react to anticipated income changes? - Evidence from the Alaska permanent fund}, - volume = {93}, - year = {2003}, -} - -@article{kuengAlaska, - title={Excess sensitivity of high-income consumers}, - author={Kueng, Lorenz}, - journal={The Quarterly Journal of Economics}, - volume={133}, - number={4}, - pages={1693--1751}, - year={2018}, - publisher={Oxford University Press} -} - -@article{bbdUncertainty, - author = {Baker, Scott R and Bloom, Nicholas and - Davis, Steven J}, - journal = {The Quarterly Journal of Economics}, - number = {4}, - pages = {1593--1636}, - publisher = {Oxford University Press}, - title = {Measuring economic policy uncertainty}, - volume = {131}, - year = {2016}, -} - - -@inbook{NBERc13907, - Crossref = "NBEReich-4", - title = "Survey Measurement of Probabilistic Macroeconomic Expectations: Progress and Promise", - author = "Charles F. Manski", - BookTitle = "NBER Macroeconomics Annual 2017, volume 32", - Publisher = "University of Chicago Press", - year = "2017", - month = "April", - URL = "http://www.nber.org/chapters/c13907", -} - -@INBOOK{bmsValidity, - title = {The Validity of Consumption Data: Are the Consumer - Expenditure Interview and Diary Surveys - Informative?}, - publisher = {University of Chicago Press}, - year = 2013, - author = {Adam Bee and Bruce D. Meyer and James X. Sullivan}, - month = {February}, - booktitle = {Improving the Measurement of Household Expenditures}, - crossref = {NBERcarr11-1}, - url = {http://www.nber.org/chapters/c12662} -} - -@INBOOK{pgmCEvsPCE, - title = {Understanding the Relationship: CE Survey and PCE}, - publisher = {University of Chicago Press}, - year = 2012, - author = {William Passero and Thesia I. Garner and Clinton - McCully}, - month = {April}, - booktitle = {Improving the Measurement of Household Expenditures}, - crossref = {NBERcarr11-1}, - url = {http://www.nber.org/chapters/c12659} -} - -@inproceedings{ParkerSoulelesCarroll, - Crossref = "NBERcarr11-1", - author = {Parker, Jonathan A. and Nicholas S. Souleles and - Christopher D. Carroll}, - title = {The Benefits of Panel Data in Consumer Expenditure - Surveys}, - booktitle = {Improving the Measurement of Consumer Expenditures}, - chapter = {7}, - note = {Final version at - \href{http://econ.jhu.edu/people/ccarroll/papers/ParkerSoulelesCarroll/}{\texttt{http://econ.jhu.edu/people/ccarroll/papers/ParkerSoulelesCarroll/}}}, - url = {http://econ.jhu.edu/people/ccarroll/papers/ParkerSoulelesCarroll/} -} - -@InBook{deatonPuzzlesAndParadoxes, - title = {{P}uzzles and {P}aradoxes}, - year = {2013}, - author = {Angus Deaton}, - crossref = {Eminent}, - file = {deatonPuzzlesAndParadoxes.pdf:deatonPuzzlesAndParadoxes.pdf:PDF}, -} - - - -@misc{crawley_time_2018, - author = {Crawley, Edmund}, - title = {Time Aggregation in Panel Data on Income and Consumption}, - year = {2018}, - howpublished = {Mimeo, Department of Economics, Johns Hopkins University} -} - -@techreport{ckConsumption, - author = {Crawley, Edmund and Kuchler, Andreas}, - institution = {Danmarks Nationalbank}, - month = {November}, - number = {129}, - type = {working paper}, - title = {Consumption Heterogeneity: Micro Drivers and Macro - Implications}, - year = {2018}, -} - -@misc{clMonetary, - author = {Crawley, Edmund and Lee, Seungcheol}, - title = {Monetary Policy Transmission with Many Agents}, - year = {2019}, - howpublished = {Mimeo, Department of Economics, Johns Hopkins University} -} - -@article{summersSecStagReuters, - author = {Summers, Lawrence}, - journal = {Reuters Analysis \& Opinion}, - title = {On secular stagnation}, - volume = {16}, - year = {2013}, -} - -@article{summersSecStagAER, - author = {Summers, Lawrence H}, - journal = {American Economic Review}, - number = {5}, - pages = {60--65}, - title = {Demand side secular stagnation}, - volume = {105}, - year = {2015}, -} - -@article{krugmanSecStagNYT, - author = {Krugman, Paul}, - journal = {New York Times}, - pages = {2013}, - title = {Secular stagnation, coalmines, bubbles, and Larry - Summers}, - volume = {16}, - year = {2013}, -} - -@article{krugmanSecStagCEPR, - author = {Krugman, Paul}, - journal = {Secular stagnation: Facts, causes and cures}, - pages = {61--68}, - publisher = {CEPR Press London}, - title = {Four observations on secular stagnation}, - year = {2014}, -} - -@article{gordonSecStag, - author = {Gordon, Robert J}, - journal = {American Economic Review}, - number = {5}, - pages = {54--59}, - title = {Secular stagnation: A supply-side view}, - volume = {105}, - year = {2015}, -} - -@article{hhhwSecStagNo, - author = {Hamilton, James D and Harris, Ethan S and - Hatzius, Jan and West, Kenneth D}, - journal = {IMF Economic Review}, - number = {4}, - pages = {660--707}, - publisher = {Springer}, - title = {The equilibrium real funds rate: Past, present, and - future}, - volume = {64}, - year = {2016}, -} - -@article{BergerEtAl:HPandC, - author = {David Berger and Veronica Guerrieri and - Guido Lorenzoni and Joseph Vavra}, - journal = {Review of Economic Studies}, - number = {3}, - pages = {1502--1542}, - title = {House Prices and Consumer Spending}, - volume = {85}, - year = {2018}, -} - -@inproceedings{mue07, - author = {Muellbauer, John N.}, - booktitle = {Housing, Housing Finance and Monetary Policy}, - pages = {267--334}, - publisher = {Jackson Hole Symposium, Federal Reserve Bank of - Kansas City}, - title = {Housing, Credit and Consumer Expenditure}, - year = {2007}, -} - -@TECHREPORT{hall:slump, - author = {Hall, Robert E.}, - title = {The Long Slump}, - institution = {{ASSA M}eetings, Denver}, - year = 2011, - type = {{AEA} {P}residential {A}ddress}, - owner = {Jiri}, - timestamp = {2011.01.13} -} - -@article{gkLiq, - author = {Gauti B. Eggertsson and Paul Krugman}, - journal = {The Quarterly Journal of Economics}, - number = {3}, - pages = {1469--1513}, - title = {Debt, Deleveraging, and the Liquidity Trap: A - Fisher--Minsky--Koo Approach}, - volume = {127}, - year = {2012}, -} - - -@article{justPrimTamb:CredSupplyAndHouseBoom, - author = {Alejandro Justiniano and Giorgio Primiceri and - Andrea Tambalotti}, - journal = {Journal of Political Economy}, - title = {Credit Supply and the Housing Boom}, - year = {forthcoming}, -} - -@techreport{huoRRfinFrictionsGR, - author = {Huo, Zhen and R\'{\i}os-Rull, Jos\'e-V\'{\i}ctor}, - institution = {Federal Reserve Bank of Minneapolis}, - month = feb, - number = {526}, - type = {Staff Report}, - title = {Financial Frictions, Asset Prices, and the Great - Recession}, - year = {2016}, -} - -@techreport{garrigaHedlund, - author = {Carlos Garriga and Aaron Hedlund}, - institution = {University of Missouri}, - type = {mimeo}, - title = {Housing Finance, Boom--Bust Episodes, and - Macroeconomic Fragility}, - year = {2018}, -} - -@techreport{kmv:houseBoomBust, - author = {Greg Kaplan and Kurt Mitman and Giovanni L. Violante}, - institution = {National Bureau of Economic Research}, - month = aug, - number = {23694}, - type = {working paper}, - title = {The Housing Boom and Bust: Model Meets Evidence}, - year = {2017}, - url = {https://ideas.repec.org/p/nbr/nberwo/23694.html}, -} - -@techreport{goreaMidriganLiqConstraints, - author = {Denis Gorea and Virgiliu Midrigan}, - institution = {New York University}, - type = {mimeo}, - title = {Liquidity Constraints in the U.S. Housing Market}, - year = {2018}, -} - -@article{wooleyDeregulation, - author = {Woolley, John T.}, - journal = {Presidential Studies Quarterly}, - number = {1}, - pages = {60-80}, - title = {Persistent Leadership: Presidents and the Evolution - of U.S. Financial Reform, 1970-2007}, - volume = {42}, - year = {2012}, - abstract = {Between 1970 and 2007, presidents of both parties - consistently and actively supported financial - deregulation. Given the low visibility and relatively - technical nature of the issues, presidents saw - deregulation as the best way to respond to technical - innovation in the industry and disruptions caused by - inflation. This history suggests several lessons for - students of the role of presidents in policy making. - Presidents can be active in promoting policy reform - even though standard methods for defining the - presidential agenda do not reveal this fact. We see - presidential engagement reflected in White House - statements both before and after legislation is - passed, and in White House use of study reports and - messages to shape an elite consensus.}, - doi = {10.1111/j.1741-5705.2012.03941.x}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1741- - 5705.2012.03941.x}, -} - -@article{landvoigt:rfs, - author = {Landvoigt, Tim}, - journal = {The Review of Financial Studies}, - month = {04}, - number = {6}, - pages = {1865--1902}, - title = {{Housing Demand During the Boom: The Role of - Expectations and Credit Constraints}}, - volume = {30}, - year = {2017}, -} - -@techreport{krusell:usWealthDistr, - author = {Joachim Hubmer and Per Krusell and - Anthony A. {Smith, Jr.}}, - institution = {Yale University}, - type = {mimeo}, - title = {A Comprehensive Quantitative Theory of the U.S. - Wealth Distribution}, - year = {2018}, -} - - -@article{dgTANK, - author = {Debortoli, Davide and Gal{\'\i}, Jordi}, - journal = {Manuscript}, - month = {September}, - title = {Monetary policy with heterogeneous agents: Insights - from TANK models}, - year = {2017}, -} - -@article{bfjstUncertain, - author = {Nicholas Bloom and Max Floetotto and Nir Jaimovich and - Itay {Saporta-Eksten} and Stephen J. Terry}, - journal = {Econometrica}, - month = {May}, - number = {3}, - pages = {1031--1065}, - title = {Really Uncertain Business Cycles}, - volume = {86}, - year = {2018}, -} - -@techreport{BoE_forecasting, - author = {Burgess, Stephen and Fernandez-Corugedo, Emilio and - Groth, Charlotta and Harrison, Richard and - Monti, Francesca and Theodoridis, Konstantinos and - Waldron, Matt}, - institution = {Bank of England}, - month = may, - number = {471}, - type = {working paper}, - title = {The Bank of England's Forecasting Platform: COMPASS, - MAPS, EASE and the Suite of Models}, - year = {2013}, -} - -@article{Trichet_JacksonHoleSpeech, - author = {Jean-Claude Trichet}, - journal = {Proceedings, Economic Policy Symposium, Jackson Hole}, - number = {}, - pages = {243--266}, - title = {Luncheon Address: Central Banking in Uncertain Times: - Conviction and Responsibility}, - volume = {}, - year = {2010}, -} - -@article{bexUncertaintyAssetPrices, - author = {Bekaert, Geert and Engstrom, Eric and Xing, Yuhang}, - journal = {Journal of Financial Economics}, - number = {1}, - pages = {59--82}, - publisher = {Elsevier}, - title = {Risk, uncertainty, and asset prices}, - volume = {91}, - year = {2009}, -} - -@article{drechslerUncertainty, - author = {Drechsler, Itamar}, - journal = {The Journal of Finance}, - number = {5}, - pages = {1843--1889}, - publisher = {Wiley Online Library}, - title = {Uncertainty, time-varying fear, and asset prices}, - volume = {68}, - year = {2013}, -} - -@article{gmAssetPricing, - author = {Gomes, Francisco and Michaelides, Alexander}, - journal = {The Review of Financial Studies}, - number = {1}, - pages = {415--448}, - publisher = {Society for Financial Studies}, - title = {Asset pricing with limited risk sharing and - heterogeneous agents}, - volume = {21}, - year = {2007}, -} - -@techreport{glover:intergenRedistr, - author = {Andrew Glover and Jonathan Heathcote and Dirk Krueger and - R\'{\i}os-Rull, Jos\'e-V\'{\i}ctor}, - institution = {National Bureau of Economic Research}, - month = {October}, - note = - {\url{https://www.sas.upenn.edu/~dkrueger/research/RecessionNew.pdf}}, - number = {16924}, - type = {updated version of working paper}, - title = {Intergenerational Redistribution in the Great - Recession}, - year = {2017}, -} - -@article{favilukis:housing, - author = {Jack Favilukis and Sydney C. Ludvigson and - Stijn {Van Nieuwerburgh}}, - journal = {Journal of Political Economy}, - number = {1}, - pages = {140--223}, - title = {The Macroeconomic Effects of Housing Wealth, Housing - Finance, and Limited Risk Sharing in General - Equilibrium}, - volume = {125}, - year = {2017}, -} - -@techreport{ducaEtAl10_creditArch, - author = {John V. Duca and John Muellbauer and Anthony Murphy}, - institution = {University of Oxford}, - type = {mimeo}, - title = {Credit Market Architecture and the Boom and Bust in - the U.S. Consumption}, - year = {2010}, -} - -@ARTICLE{nsSavingRevisions, - author = {Nakamura, Leonard I. and Stark, Thomas}, - title = {Mismeasured Personal Saving and the Permanent Income - Hypothesis}, - journal = {Working Papers}, - year = 2007, - note = - {\url{http://philadelphiafed.org/research-and-data/publications/working-papers/2007/wp07-8.pdf}}, - file = {nsSavingRevisions.pdf:nsSavingRevisions.pdf:PDF}, - publisher = {Federal Reserve Bank of Philadelphia}, - doi = {dx.doi.org/10.2139/ssrn.707089}, - url = - {http://philadelphiafed.org/research-and-data/publications/working-papers/2007/wp07-8.pdf} -} - -@article{bhutta_mortgageDebt, - author = {Bhutta, Neil}, - journal = {Journal of Monetary Economics}, - number = {C}, - pages = {284--298}, - title = {The Ins and Outs of Mortgage Debt During the Housing - Boom and Bust}, - volume = {76}, - year = {2015}, -} - -@techreport{malmendierSheng, - author = {Ulrike Malmendier and Leslie Sheng Shen}, - institution = {National Bureau of Economic Research}, - month = jun, - number = {24696}, - type = {working paper}, - title = {Scarred Consumption}, - year = {2018}, -} - -@article{jstLeveragedBubbles, - author = {Jord\`{a}, \`{O}scar and Schularick, Moritz and - Taylor, Alan M.}, - journal = {Journal of Monetary Economics}, - number = {S}, - pages = {1--20}, - title = {Leveraged Bubbles}, - volume = {76}, - year = {2015}, -} - -@article{rrAftermath, - author = {Reinhart, Carmen M. and Rogoff, Kenneth S.}, - journal = {American Economic Review}, - month = {May}, - number = {2}, - pages = {466--72}, - title = {The Aftermath of Financial Crises}, - volume = {99}, - year = {2009}, - abstract = {This study investigates the impact of the current - financial crisis on Canada's potential GDP growth. - Using a simple accounting framework to decompose - trend GDP growth into changes in capital, labor - services and total factor productivity, we find a - sizeable drop in Canadian potential growth in the - short term. The estimated decline of about 1 - percentage point originates from a sharply - decelerating capital stock accumulation (as - investment has dropped steeply) and a rising - long-term unemployment rate (which would raise - equilibrium unemployment rates). However, over the - medium term, we expect Canada's potential GDP growth - to gradually rise to around 2 percent, below the - pre-crisis growth rate, mostly reflecting the effects - of population aging and a secular decline in average - working hours.}, - url = {http://ideas.repec.org/a/aea/aecrev/v99y2009i2p466-72.html}, -} - -@article{hurstStafford, - author = {Hurst, Erik and Stafford, Frank}, - journal = {Journal of Money, Credit and Banking}, - month = {December}, - number = {6}, - pages = {985--1014}, - title = {{Home Is Where the Equity Is: Mortgage Refinancing - and Household Consumption}}, - volume = {36}, - year = {2004}, -} - -@article{cooper_housingCollateral, - author = {Daniel Cooper}, - journal = {The Review of Economics and Statistics}, - month = {October}, - number = {4}, - pages = {1183--1197}, - title = {House Price Fluctuations: The Role of Housing Wealth - as Borrowing Collateral}, - volume = {95}, - year = {2013}, -} - -@article{asWealthEffect, - author = {Aruoba, S Boragan and Elul, Ronel and - Kalemli-Ozcan, Sebnem}, - journal = {FRB of Philadelphia Working Paper}, - title = {How Big is the Wealth Effect? Decomposing the - Response of Consumption to House Prices}, - year = {2019}, -} - - -@article{hallRandomWalk, - author = {Hall, Robert E.}, - journal = {Journal of Political Economy}, - note = {Available at - {\url{http://www.stanford.edu/~rehall/Stochastic-JPE-Dec-1978.pdf}}}, - pages = {971--87}, - title = {Stochastic Implications of the Life-Cycle/Permanent - Income Hypothesis: Theory and Evidence}, - volume = {96}, - year = {1978}, - url = {http://www.stanford.edu/~rehall/Stochastic-JPE-Dec- - 1978.pdf}, -} - -@article{kv_microMacro, - author = {Greg Kaplan and Giovanni L. Violante}, - journal = {Journal of Economic Perspectives}, - month = {Summer}, - number = {3}, - pages = {167--194}, - title = {Microeconomic Heterogeneity and Macroeconomic Shocks}, - volume = {32}, - year = {2018}, -} - -@article{auerbachKotlikoffDemographicsAndSaving, - author = {Auerbach, Alan J. and Cai, Jinyong and - Kotlikoff, Laurence J.}, - journal = {Carnegie--Rochester Conference Series on Public - Policy}, - month = {January}, - number = {1}, - pages = {135--156}, - title = {{U.S. Demographics and Saving: Predictions of Three - Saving Models}}, - volume = {34}, - year = {1991}, -} - -@article{curtisEtAl, - author = {Chadwick C. Curtis and Steven Lugauer and - Nelson C. Mark}, - journal = {American Economic Journal: Macroeconomics}, - month = {April}, - number = {2}, - pages = {58--94}, - title = {Demographic Patterns and Household Saving in China}, - volume = {7}, - year = {2015}, -} - -@article{imrohroglu_China, - author = {Imrohoroglu, Ayse and Zhao, Kai}, - journal = {Journal of Monetary Economics}, - number = {C}, - pages = {33--52}, - title = {The Chinese Saving Rate: Long-Term Care Risks, Family - Insurance, and Demographics}, - volume = {96}, - year = {2018}, -} - -@article{bloomEtAl_JME07, - author = {Bloom, David E. and Canning, David and - Mansfield, Richard K. and Moore, Michael}, - journal = {Journal of Monetary Economics}, - pages = {92--114}, - title = {Demographic Change, Social Security Systems and - Savings}, - volume = {54}, - year = {2007}, -} - -@techreport{bosworthChodorowReich07, - author = {Barry Bosworth and Gabriel Chodorow--Reich}, - institution = {Center for Retirement Research, Boston College}, - number = {2}, - type = {working paper}, - title = {Saving and Demographic Change: The Global Dimension}, - year = {2007}, -} - -@incollection{elmendorfMankiw, - author = {Elmendorf, Douglas and Mankiw, N. Gregory}, - booktitle = {Handbook of Macroeconomics}, - chapter = {25}, - edition = {1}, - editor = {Taylor, J. B. and Woodford, M.}, - pages = {1615--1669}, - publisher = {Elsevier}, - title = {Government Debt}, - volume = {1, Part C}, - year = {1999}, -} - -@ARTICLE{kmitchSaving, - author = {Janet H. Kmitch}, - title = {Alternative Measures of Personal Saving}, - journal = {Survey of Current Business}, - year = 2010, - volume = 90, - pages = {10--13}, - month = {October} -} - -@article{prSaving, - author = {Perozek, Maria G. and Marshall B. Reinsdorf}, - journal = {Survey of Current Business 82}, - month = {April}, - pages = {13--24}, - title = {Alternative Measures of Personal Saving}, - year = {2002}, -} - -@article{cam87, - author = {Campbell, John Y.}, - journal = {Econometrica}, - pages = {1249--1273}, - title = {Does Saving Anticipate Declining Labor Income? An - Alternative Test of the Permanent Income Hypothesis}, - volume = {55}, - year = {1987}, -} - -@book{slpMethods, - author = {Stokey, Nancy L. and Lucas, Robert E. and - Edward C. Prescott}, - publisher = {Harvard University Press}, - title = {Recursive Methods in Economic Dynamics}, - year = {1989}, -} - -@ARTICLE{mnUnique, - author = {Janusz Matkowski and Andrzej S. Nowak}, - title = {On Discounted Dynamic Programming With Unbounded - Returns}, - journal = {Economic Theory}, - year = 2011, - volume = 46, - pages = {455--474} -} - -@article{zeldesStochastic, - author = {Zeldes, Stephen P.}, - journal = {Quarterly Journal of Economics}, - month = {May}, - number = {2}, - pages = {275--298}, - title = {Optimal Consumption with Stochastic Income: - {D}eviations from Certainty Equivalence}, - volume = {104}, - year = {1989}, -} - -@ARTICLE{szeidlInvariant, - author = {Szeidl, Adam}, - title = {Stable Invariant Distribution in Buffer-Stock Saving - and Stochastic Growth Models}, - journal = {Manuscript, Central European University}, - year = 2012, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/szeidlInvariant.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/szeidlInvariant.pdf:PDF} -} - -@article{mstCapIncFluct, - author = {Ma, Qingyin and Stachurski, John and - Toda, Alexis Akira}, - journal = {arXiv preprint arXiv:1812.01320}, - title = {The Income Fluctuation Problem with Capital Income - Risk: Optimality and Stability}, - year = {2018}, - url = {https://arxiv.org/abs/1812.01320}, -} - -@article{benhabibWealth, - author = {Benhabib, Jess and Bisin, Alberto and Zhu, Shenghao}, - journal = {Journal of Economic Theory}, - note = {Available at - \url{https://www.nber.org/papers/w20157.pdf}}, - pages = {489--515}, - publisher = {Elsevier}, - title = {The wealth distribution in Bewley economies with - capital income risk}, - volume = {159}, - year = {2015}, - url = {https://www.sciencedirect.com/science/article/pii/ - S0022053115001362}, -} - -@article{rabaultBorrowing, - author = {Rabault, Guillaume}, - journal = {Journal of Economic Dynamics and Control}, - number = {2}, - pages = {217--245}, - publisher = {Elsevier}, - title = {When do borrowing constraints bind? Some new results - on the income fluctuation problem}, - volume = {26}, - year = {2002}, -} - -@article{lsIncFluct, - author = {Li, Huiyu and Stachurski, John}, - journal = {Journal of Economic Dynamics and Control}, - pages = {353--365}, - publisher = {Elsevier}, - title = {Solving the income fluctuation problem with unbounded - rewards}, - volume = {45}, - year = {2014}, -} - -@article{scheinkman&weiss:borrowing, - author = {Scheinkman, Jos\'e and Weiss, Laurence}, - journal = {Econometrica}, - number = {1}, - pages = {23--46}, - title = {Borrowing Constraints and Aggregate Economic - Activity}, - volume = {54}, - year = {1986}, -} - -@article{asHomogeneous, - author = {Alvarez, Fernando and Stokey, Nancy L}, - journal = {Journal of economic theory}, - number = {1}, - pages = {167--189}, - publisher = {Elsevier}, - title = {Dynamic programming with homogeneous functions}, - volume = {82}, - year = {1998}, -} - -@article{rrExistence, - author = {Rinc{\'o}n-Zapatero, Juan Pablo and - Rodr{\'\i}guez-Palmero, Carlos}, - journal = {Econometrica}, - number = {5}, - pages = {1519--1555}, - publisher = {Wiley Online Library}, - title = {Existence and uniqueness of solutions to the Bellman - equation in the unbounded case}, - volume = {71}, - year = {2003}, -} - -@article{mvExistence, - author = {Martins-da-Rocha, V Filipe and Vailakis, Yiannis}, - journal = {Econometrica}, - number = {3}, - pages = {1127--1141}, - publisher = {Wiley Online Library}, - title = {Existence and uniqueness of a fixed point for local - contractions}, - volume = {78}, - year = {2010}, -} - -@article{yaoNote, - author = {Jiaxiong Yao}, - journal = {Manuscript, Johns Hopkins University}, - title = {The Theoretical Foundations of Buffer Stock Saving: A - Note}, - year = {2012}, -} - -@article{duranDiscounting, - author = {Dur{\'a}n, Jorge}, - journal = {Economic Theory}, - number = {2}, - pages = {395--413}, - publisher = {Springer}, - title = {Discounting long run average growth in stochastic - dynamic programs}, - volume = {22}, - year = {2003}, -} - - -@misc{matthew_n_white_2017_1001068, - author = {Christopher D Carroll and Matthew N White and Team Econ-ARK}, - title = {econ-ark/HARK: 0.8.0}, - month = Oct, - year = 2017, - doi = {10.5281/zenodo.1001068}, - url = {https://doi.org/10.5281/zenodo.1001068}, - note = {Available at via doi:10.5281/zenodo.1001068 or at \url{https://doi.org/10.5281/zenodo.1001068}} -} - -@Article{jorgenson:ProductivityGrowthResurgence, - author={Dale W. Jorgenson and Mun S. Ho and Kevin J. Stiroh}, - title={A Retrospective Look at the U.S. Productivity Growth Resurgence}, - journal={Journal of Economic Perspectives}, - year=2008, - volume={22}, - number={1}, - pages={3--24}, - month={Winter}, - keywords={}, - doi={}, -} - - -@Article{fernald:disappointingRecovery, - author={John G. Fernald and Robert Hall and James Stock and Mark Watson}, - title={The Disappointing Recovery of Output after 2009}, - journal={Brookings Papers on Economic Activity}, - year=2017, - volume={Spring}, - keywords={}, - doi={}, -} - - -@article{edge2007learning, - title={Learning and shifts in long-run productivity growth}, - author={Edge, Rochelle M and Laubach, Thomas and Williams, John C}, - journal={Journal of Monetary Economics}, - volume={54}, - number={8}, - pages={2421--2438}, - year={2007}, - publisher={Elsevier} -} - -@ARTICLE{fnHousingHabits, - author = {Flavin, Marjorie and Shinobu Nakagawa}, - title = {A Model of Housing in the Presence of Adjustment - Costs: A Structural Interpretation of Habit - Persistence}, - journal = {The American Economic Review}, - year = {2008}, - volume = {98}, - pages = {474--495}, - number = {1}, - note = {\\ \url{http://www.jstor.org/stable/29729980}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fnHousingHabits.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fnHousingHabits.pdf:PDF}, - publisher = {JSTOR}, - url = {http://www.jstor.org/stable/29729980} -} - -@techreport{fuhrer:IntrinsicPersistence, - author = {Jeffrey C. Fuhrer}, - institution = {Federal Reserve Bank of Boston}, - type = {Presentation at {NBER Summer Institute}}, - title = {Intrinsic Persistence in Expectations: Evidence from - Micro Data}, - year = {2017}, -} - - -@article{fuhrer:JME17, - author = {Jeffrey C. Fuhrer}, - journal = {Journal of Monetary Economics}, - month = {April}, - pages = {22--55}, - title = {Expectations as a Source of Macroeconomic - Persistence: Evidence from Survey Expectations in a - Dynamic Macro Model}, - volume = {86}, - year = {2017}, - doi = {}, -} - - - -@techreport{Kueng:Near-rationality, - title = {Explaining Consumption Excess Sensitivity with Near-Rationality: Evidence from Large Predetermined Payments}, - author = {Lorenz Kueng}, - institution = {National Bureau of Economic Research}, - type = {working paper}, - series = {working paper series}, - number = {21772}, - year = {2015}, - month = {December}, - doi = {10.3386/w21772}, -} - -@misc{kmpIncomeExpectations, - author = {Karahan, Fatih and Sean Mihaljevich and - Laura Pilossoph}, - howpublished = - {\href{http://libertystreeteconomics.newyorkfed.org/2017/11/understanding-permanent-and-temporary-income-shocks.html}{URL link retrieved on 03/02/2018 \texttt{here}.}}, - journal = {Liberty Street Economics}, - number = {November 08}, - type = {Blog}, - title = {Understanding Permanent and Temporary Income Shocks}, - year = {2017}, -} - -@article{kalmanFilter, - Author = {Kalman, Rudolph Emil}, - Title = {A New Approach to Linear Filtering and Prediction Problems}, - Journal = {Transactions of the ASME--Journal of Basic Engineering}, - Volume = {82}, - Number = {Series D}, - Pages = {35--45}, - Year = {1960} -} - -@Article{alvarezGuisoLippi:DurCons, - author={Fernando Alvarez and Luigi Guiso and Francesco Lippi}, - title={Durable Consumption and Asset Management with Transaction and Observation Costs}, - journal={American Economic Review}, - year=2012, - volume={102}, - number={5}, - pages={2272--2300}, - month={August}, - keywords={}, - doi={}, - url={https://ideas.repec.org/a/aea/aecrev/v102y2012i5p2272-2300.html} -} - - -@Article{gabaixSparsityQJE, - author={Xavier Gabaix}, - title={A Sparsity-Based Model of Bounded Rationality}, - journal={The Quarterly Journal of Economics}, - year={2014}, - volume={129}, - number={4}, - pages={1661--1710}, - url={https://ideas.repec.org/a/oup/qjecon/v129y2014i4p1661-1710.html} -} - - -@TechReport{hebertWoodford, - author={Benjamin H\'{e}bert and Michael Woodford}, - title={Rational Inattention and Sequential Information Sampling}, - year=2017, - month=Sep, - institution={National Bureau of Economic Research}, - type={NBER Working Papers}, - url={https://ideas.repec.org/p/nbr/nberwo/23787.html}, - number={23787}, -} - - -@Article{chettySzeidl:cCommitmentsEcta, - author={Raj Chetty and Adam Szeidl}, - title={Consumption Commitments and Habit Formation}, - journal={Econometrica}, - year=2016, - volume={84}, - number={}, - pages={855--890}, - month={03}, - url={https://ideas.repec.org/a/wly/emetrp/v84y2016ip855-890.html} -} - -@ARTICLE{css10_stickyCgrowth_restat, - author = {Christopher D. Carroll and Jiri Slacalek and Martin Sommer}, - title = {International Evidence on Sticky Consumption Growth}, - journal = {The Review of Economics and Statistics}, - year = {2011}, - volume = {93}, - number = {4}, - pages = {1135--1145}, - owner = {Jirka}, - timestamp = {2010.06.10} -} - - -@ARTICLE{som07, - author = {Martin Sommer}, - title = {Habit Formation and Aggregate Consumption Dynamics}, - journal = {Advances in Macroeconomics}, - year = {2007}, - volume = {7}, - pages = {Article 21}, - number = {1} -} - -@article{mackWiedREStud15, -author = {Ma\'{c}kowiak, Bartosz and Wiederholt, Mirko}, -title = {Business Cycle Dynamics under Rational Inattention}, -journal = {The Review of Economic Studies}, -volume = {82}, -number = {4}, -pages = {1502--1532}, -year = {2015}, -doi = {10.1093/restud/rdv027}, -URL = { + http://dx.doi.org/10.1093/restud/rdv027}, -eprint = {/oup/backfile/content_public/journal/restud/82/4/10.1093_restud_rdv027/2/rdv027.pdf} -} - -@Article{coibGor:AER15, - author={Olivier Coibion and Yuriy Gorodnichenko}, - title={{Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts}}, - journal={American Economic Review}, - year=2015, - volume={105}, - number={8}, - pages={2644--2678}, - month={August}, - keywords={}, - doi={}, -} - - - - -@article{msInertiaAER, - ISSN = {00028282}, - URL = {http://www.jstor.org/stable/30034632}, - author = {Stephen Morris and Hyun Song Shin}, - journal = {The American Economic Review}, - number = {2}, - pages = {152--157}, - publisher = {American Economic Association}, - title = {Inertia of Forward-Looking Expectations}, - volume = {96}, - year = {2006} -} - -@article{ganong2017effect, - title={The Effect of Debt on Default and Consumption: Evidence from Housing Policy in the Great Recession}, - author={Ganong, Peter and Noel, Pascal}, - journal={Unpublished Working Paper}, - year={2017}, - url={https://scholar.harvard.edu/files/ganong/files/ganong_noel_housing_draft_2016-11-09.pdf} -} - -@article{hkmoHousingMPC, - author = {Aaron Hedlund and Fatih Karahan, Kurt Mitman, Serdar Ozkan}, - title = {Monetary Policy, Heterogeneity, and the Housing Channel}, - year = {2017}, - journal = {RBNZ Conference on Heterogeneous Agents and Housing}, -} - -@article{druedahlNEGM, - url = {www.econ.ku.dk/druedahl/papers/2017_NEGM.pdf}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/druedahlNEGM.pdf}}, - title = {A Fast Nested Endogenous Grid Method for Solving General Consumption-Saving Models}, - author = {Druedahl, Jeppe}, - journal = {Manuscript, University of Copenhagen} -} - -@Article{JBES1982, - author={Perraudin, William R M and Sorensen, Bent E}, - title={{The Credit-Constrained Consumer: An Empirical Study of Demand and Supply in the Loan Market}}, - journal={Journal of Business and Economic Statistics}, - year=1992, - volume={10}, - number={2}, - pages={179-192}, - month={April}, - keywords={}, - doi={}, - abstract={No abstract is available for this item.}, - url={https://ideas.repec.org/a/bes/jnlbes/v10y1992i2p179-92.html} -} -@Article{JBES1996, - author={Ho, Mun S and Perraudin, William R M and Sorensen, Bent E}, - title={{A Continuous-Time Arbitrage-Pricing Model with Stochastic Volatility and Jumps}}, - journal={Journal of Business and Economic Statistics}, - year=1996, - volume={14}, - number={1}, - pages={31-43}, - month={January}, - keywords={}, - doi={}, - abstract={ The authors formulate and test a continuous time asset pricing model using U.S. equity market data. They assume that stock returns are driven by common factors including random jump-size Poisson processes and Brownian motions with stochastic volatility. The model places over-identifying restrictions on the mean returns allowing one to identify risk neutral probability distributions useful in pricing derivative securities. The authors test for the restrictions and decompose moments of the asset returns into the contributions made by different factors. Their econometric methods take full account of time aggregation.}, - url={https://ideas.repec.org/a/bes/jnlbes/v14y1996i1p31-43.html} -} -@Article{JECM2000, - author={Perraudin, William R. M. and Sorensen, Bent E.}, - title={{The demand for risky assets: Sample selection and household portfolios}}, - journal={Journal of Econometrics}, - year=2000, - volume={97}, - number={1}, - pages={117-144}, - month={July}, - keywords={}, - doi={}, - abstract={No abstract is available for this item.}, - url={https://ideas.repec.org/a/eee/econom/v97y2000i1p117-144.html} -} -@Article{JEcM1997, - author={Andersen, Torben G. and Sorensen, Bent E.}, - title={{GMM and QML asymptotic standard deviations in stochastic volatility models: Comments on Ruiz (1994)}}, - journal={Journal of Econometrics}, - year=1997, - volume={76}, - number={1-2}, - pages={397-403}, - month={}, - keywords={}, - doi={}, - abstract={No abstract is available for this item.}, - url={https://ideas.repec.org/a/eee/econom/v76y1997i1-2p397-403.html} -} -@Article{JIE1998, - author={Sorensen, Bent E. and Yosha, Oved}, - title={{International risk sharing and European monetary unification}}, - journal={Journal of International Economics}, - year=1998, - volume={45}, - number={2}, - pages={211-238}, - month={August}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/eee/inecon/v45y1998i2p211-238.html} -} -@Article{REStat1996, - author={Ho, Mun S and Sorensen, Bent E}, - title={{Finding Cointegration Rank in High Dimensional Systems Using the Johansen Test: An Illustration Using Data Based Monte Carlo Simulations}}, - journal={The Review of Economics and Statistics}, - year=1996, - volume={78}, - number={4}, - pages={726-732}, - month={November}, - keywords={}, - doi={}, - abstract={ The authors examine the ability of the Johansen (1991) test to estimate the number of unit roots in high dimensional systems. They use data based Monte Carlo methods as a simple means of evaluating the validity of inference using asymptotic critical values. These simulations for a typical annual post-World War II dataset illustrate how the estimated number of unit roots change in a nonmonotone fashion with the dimension of the system, and with the number of lags in the VAR representation. The authors find that overparametrization in high dimensions is as bad as underparametrization. The Bayes information criteria outperforms the Akaike information criteria in their setup. Copyright 1996 by MIT Press.}, - url={https://ideas.repec.org/a/tpr/restat/v78y1996i4p726-32.html} -} - -@Article{asGMM, - author={Andersen, Torben G and Sorensen, Bent E}, - title={{GMM Estimation of a Stochastic Volatility Model: A Monte Carlo Study}}, - journal={Journal of Business and Economic Statistics}, - year=1996, - volume={14}, - number={3}, - pages={328-352}, - month={July}, - keywords={}, - doi={}, - abstract={ The authors examine alternative generalized method of moments procedures for estimation of a lognormal stochastic autoregressive volatility model by Monte Carlo methods. They document the existence of a trade-off between the number of moments, or information, included in estimation and the quality, or precision, of the objective function used for estimation. Furthermore, an approximation to the optimal weighting matrix is utilized to explore the impact of the weighting matrix for estimation, specification testing, and inference procedures. The results provide guidelines that help achieve desirable small sample properties in settings characterized by strong conditional heteroskedasticity and correlation among the moments.}, - url={https://ideas.repec.org/a/bes/jnlbes/v14y1996i3p328-52.html} -} -@Article{EJ1998, - author={Albaek, Karsten and Sorensen, Bent E}, - title={{Worker Flows and Job Flows in Danish Manufacturing, 1980-91}}, - journal={Economic Journal}, - year=1998, - volume={108}, - number={451}, - pages={1750-1771}, - month={November}, - keywords={}, - doi={}, - abstract={ The authors map turnover of workers and jobs in Danish manufacturing over the 1980 to 1991 period, using information about all individual manufacturing plants. They examine the relation between worker flows and job flows and the authors study separations from, and hires to, existing jobs (replacement hiring) in detail. Their results reveal large heterogeneity among workers as well as plants, even adjusting for the level of job flows. The cyclical properties of worker reallocation point to worker-flow dynamics being driven by workers quitting in upturns to find better jobs, rather than by plants upgrading the labor force in recessions.}, - url={https://ideas.repec.org/a/ecj/econjl/v108y1998i451p1750-71.html} -} -@Article{RePEc:eee:eecrev:v:45:y:2001:i:7:p:1271-1310, - author={Sorensen, Bent E. and Wu, Lisa and Yosha, Oved}, - title={{Output fluctuations and fiscal policy: U.S. state and local governments 1978-1994}}, - journal={European Economic Review}, - year=2001, - volume={45}, - number={7}, - pages={1271-1310}, - month={}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/eee/eecrev/v45y2001i7p1271-1310.html} -} -@Article{JEcM1999, - author={Andersen, Torben G. and Chung, Hyung-Jin and Sorensen, Bent E.}, - title={{Efficient method of moments estimation of a stochastic volatility model: A Monte Carlo study}}, - journal={Journal of Econometrics}, - year=1999, - volume={91}, - number={1}, - pages={61-87}, - month={July}, - keywords={}, - doi={}, - abstract={No abstract is available for this item.}, - url={https://ideas.repec.org/a/eee/econom/v91y1999i1p61-87.html} -} - -@Article{JIMF2007, - author={Sorensen, Bent E. and Wu, Yi-Tsung and Yosha, Oved and Zhu, Yu}, - title={{Home bias and international risk sharing: Twin puzzles separated at birth}}, - journal={Journal of International Money and Finance}, - year=2007, - volume={26}, - number={4}, - pages={587-605}, - month={June}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/eee/jimfin/v26y2007i4p587-605.html} -} -@Article{JPE2002, - author={Charlotte Ostergaard and Bent E. S{\o}rensen and Oved Yosha}, - title={{Consumption and Aggregate Constraints: Evidence from U.S. States and Canadian Provinces}}, - journal={Journal of Political Economy}, - year=2002, - volume={110}, - number={3}, - pages={634-645}, - month={June}, - keywords={}, - doi={}, - abstract={State-level consumption exhibits excess sensitivity to lagged income to the same extent as U.S. aggregate data, but state-specific (idiosyncratic) consumption exhibits substantially less sensitivity to lagged state-specific incomea result that also holds for Canadian provinces. We propose the following interpretation: borrowing and lending in response to changes in consumer demand are easier for individual U.S. states than for the United States as a whole, and therefore, the measured deviation from the benchmark permanent income hypothesis model is smaller. However, lagged state-specific variables help predict state-specific consumption, suggesting that the PIH model still requires qualification.}, - url={https://ideas.repec.org/a/ucp/jpolec/v110y2002i3p634-645.html} -} -@Article{RePEc:aeq:aeqaeq:v53_y2007_i1_q1_p3-17, - author={Bent E. Sørensen and Oved Yosha}, - title={{Producer Prices versus Consumer Prices in the Measurement of Risk Sharing}}, - journal={Applied Economics Quarterly (formerly: Konjunkturpolitik)}, - year=2007, - volume={53}, - number={1}, - pages={3-17}, - month={}, - keywords={Inter-regional insurance; U.S.\ states; Consumption smoothing; Volume of output; Price indices}, - doi={}, - abstract={In empirical research on the measurement of macroeconomic risk sharing there is no agreement on how Gross Domestic Product (GDP), or the corresponding series for regions, should be deflated. We present a stylized theoretical model that illustrates why the appropriate method for deflating nominal GDP (for the purpose of measuring risk sharing) is with a CPI deflator, not with a GDP deflator. We further explain that CPI deflated GDP (the ``consumption value'' of output) and GDP deflated with a GDP deflator (the volume of output) do represent the same underlying economic series up to measurement error. We illustrate the results estimating the amount of risk shared within subgroups of U.S. states.}, - url={https://ideas.repec.org/a/aeq/aeqaeq/v53_y2007_i1_q1_p3-17.html} -} -@Article{EconometricTheory1994, - author={Nabeya, Seiji and S{\o}rensen, Bent E.}, - title={{Asymptotic Distributions of the Least-Squares Estimators and Test Statistics in the Near Unit Root Model with Non-Zero Initial Value and Local Drift and Trend}}, - journal={Econometric Theory}, - year=1994, - volume={10}, - number={05}, - pages={937-966}, - month={December}, - keywords={}, - doi={}, - abstract={This paper considers the distribution of the Dickey-Fuller test in a model with non-zero initial value and drift and trend. We show how stochastic integral representations for the limiting distribution can be derived either from the local to unity approach with local drift and trend or from the continuous record asymptotic results of Sørensen [29]. We also show how the stochastic integral representations can be utilized as the basis for finding the corresponding characteristic functions via the Fredholm approach of Nabeya and Tanaka [16,17], This “link” between those two approaches may be of general interest. We further tabulate the asymptotic distribution by inverting the characteristic function. Using the same methods, we also find the characteristic function for the asymptotic distribution for the Schmidt-Phillips [26] unit root test. Our results show very clearly the dependence of the various tests on the initial value of the time series.}, - url={https://ideas.repec.org/a/cup/etheor/v10y1994i05p937-966_00.html} -} -@Article{REStat2010, - author={Sebnem Kalemli-Ozcan and Ariell Reshef and Bent E S{\o}rensen and Oved Yosha}, - title={{Why Does Capital Flow to Rich States?}}, - journal={The Review of Economics and Statistics}, - year=2010, - volume={92}, - number={4}, - pages={769-783}, - month={November}, - keywords={}, - doi={}, - abstract={ The magnitude and the direction of net international capital flows do not fit neoclassical models. The fifty U.S. states comprise an integrated capital market with very low barriers to capital flows, which makes them an ideal testing ground for neoclassical models. We develop a simple frictionless open economy model with perfectly diversified ownership of capital and find that capital flows among the states are consistent with the model. Therefore, the small size and \"wrong\" direction of net international capital flows are likely due to frictions associated with national borders, not to inherent flaws in the neoclassical model. (c) 2010 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.}, - url={https://ideas.repec.org/a/tpr/restat/v92y2010i4p769-783.html} -} -@Article{EconometricTheory1992, - author={S{\o}rensen, Bent E.}, - title={{Continuous Record Asymptotics in Systems of Stochastic Differential Equations}}, - journal={Econometric Theory}, - year=1992, - volume={8}, - number={01}, - pages={28-51}, - month={March}, - keywords={}, - doi={}, - abstract={This paper considers estimation based on a set of T + 1 discrete observations, y (0), y ( h ), y (2 h ),…, y ( Th ) = y ( N ), where h is the sampling frequency and N is the span of the data. In contrast to the standard approach of driving N to infinity for a fixed sampling frequency, the current paper follows Phillips [35,36] and Perron [29] and examines the “dual” asymptotics implied by letting h tend to zero while the span N remains fixed.}, - url={https://ideas.repec.org/a/cup/etheor/v8y1992i01p28-51_01.html} -} -@Article{JME2010, - author={Hryshko, Dmytro and José Luengo-Prado, María and S{\o}rensen, Bent E.}, - title={{House prices and risk sharing}}, - journal={Journal of Monetary Economics}, - year=2010, - volume={57}, - number={8}, - pages={975-987}, - month={November}, - keywords={}, - doi={}, - abstract={Homeowners in the Panel Study of Income Dynamics are able to maintain a high level of consumption following job loss (or disability) in periods of rising local house prices while the consumption drop for homeowners who lose their job in times of lower house prices is substantial. These results are consistent with homeowners being able to access wealth gains when housing appreciates as witnessed by their ability to smooth consumption more than renters. A calibrated model of endogenous homeownership and consumption is able to reproduce the patterns in the data quite well and provides an interpretation of the empirical results.}, - url={https://ideas.repec.org/a/eee/moneco/v57y2010i8p975-987.html} -} -@Article{QE2011, - author={Dmytro Hryshko and María José Luengo-Prado and Bent E. Sørensen}, - title={{Childhood determinants of risk aversion: The long shadow of compulsory education}}, - journal={Quantitative Economics}, - year=2011, - volume={2}, - number={1}, - pages={37-72}, - month={03}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/ecm/quante/v2y2011i1p37-72.html} -} -@Article{BEJournal2012, - author={Hryshko Dmytro and Luengo-Prado Maria and Sorensen Bent E.}, - title={{The Effect of Education on Equity Holdings}}, - journal={The B.E. Journal of Economic Analysis and Policy}, - year=2012, - volume={12}, - number={1}, - pages={1-41}, - month={March}, - keywords={}, - doi={}, - abstract={We study the effect of education on equity ownership in the form of stocks or mutual funds (outside of retirement accounts). We find a causal effect of education on stockholding using the number of colleges in the county where the respondent grew up as an instrument and data from the Panel Study of Income Dynamics. The effect is particularly strong for whites from non-privileged backgrounds. We explore the channels through which education affects equity holdings using the Wisconsin Longitudinal Survey and find that, controlling for family fixed effects, increased cognition and features associated with having a white collar job appear to be the main channels.}, - url={https://ideas.repec.org/a/bpj/bejeap/v12y2012i1n10.html} -} -@Article{Canadian2012, - author={Faruk Balli and Sebnem Kalemli-Ozcan and Bent E. Sorensen}, - title={{Risk sharing through capital gains}}, - journal={Canadian Journal of Economics}, - year=2012, - volume={45}, - number={2}, - pages={472-492}, - month={May}, - keywords={}, - doi={}, - abstract={We estimate channels of international risk sharing between European Monetary Union (EMU), European Union, and other OECD countries, 1992-2007. We focus on risk sharing through savings, factor income flows, and capital gains. Risk sharing through factor income and capital gains was close to zero before 1999 but has increased since then. Risk sharing from capital gains, at about 6\%, is higher than risk sharing from factor income flows for European Union countries and OECD countries. Risk sharing from factor income flows is higher for euro zone countries, at 14\%, reflecting increased international asset and liability holdings in the euro area.}, - url={https://ideas.repec.org/a/cje/issued/v45y2012i2p472-492.html} -} -@Article{JIE2012, - author={Kalemli-Ozcan, Sebnem and Sorensen, Bent and Yesiltas, Sevcan}, - title={{Leverage across firms, banks, and countries}}, - journal={Journal of International Economics}, - year=2012, - volume={88}, - number={2}, - pages={284-298}, - month={}, - keywords={Leverage; Crisis; International; Banks; Firms}, - doi={10.1016/j.jinteco.2012.03}, - abstract={We present new stylized facts on bank and firm leverage during the period 2000–2009 using internationally comparable micro level data from many countries. We document the following patterns: a) there was an increase in leverage for investment banks prior to the sub-prime crisis; b) there was no visible increase in leverage for the typical commercial bank and non-financial firm; c) off-balance-sheet items constitute a big fraction of assets, especially for large commercial banks in the US, whereas investment banks do not report these items; d) the leverage ratio is procyclical for investment banks and for large commercial banks in the US; e) banks in emerging markets with tighter bank regulation and stronger investor protection experienced significantly less deleveraging during the crisis. The results suggest that excessive risk taking before the crisis was not easily detectable because the risk involved the quality rather than the quantity of assets.}, - url={https://ideas.repec.org/a/eee/inecon/v88y2012i2p284-298.html} -} -@Article{AER2003, - author={Sebnem Kalemli-Ozcan and Bent E. Sørensen and Oved Yosha}, - title={{Risk Sharing and Industrial Specialization: Regional and International Evidence}}, - journal={American Economic Review}, - year=2003, - volume={93}, - number={3}, - pages={903-918}, - month={June}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/aea/aecrev/v93y2003i3p903-918.html} -} -@Article{SocialIndicators2012, - author={Cahit Guven and Bent Sørensen}, - title={{Subjective Well-Being: Keeping Up with the Perception of the Joneses}}, - journal={Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement}, - year=2012, - volume={109}, - number={3}, - pages={439-469}, - month={December}, - keywords={Happiness; Social comparison; Status; Perceptions; D14; D63; I31}, - doi={10.1007/s11205-011-9910-x}, - abstract={Using data from the US General Social Survey 1972–2004, we study the role of perceptions and status in self-reported happiness. Reference group income negatively relates to own happiness and high perceptions about own relative income, quality of dwelling, and social class relate positively and very significantly to happiness. Perceptions about income and status matter more for females, and for low income, conservative, more social, and less trusting individuals. Dwelling perceptions matter more for males, and for middle income, married, conservative, more social, and less trusting individuals. Copyright Springer Science+Business Media B.V. 2012}, - url={https://ideas.repec.org/a/spr/soinre/v109y2012i3p439-469.html} -} -@Article{EmpiricalEcon2013, - author={Hatice Balli and Bent S{\o}rensen}, - title={{Interaction effects in econometrics}}, - journal={Empirical Economics}, - year=2013, - volume={45}, - number={1}, - pages={583-603}, - month={August}, - keywords={Non-linear regression; Interaction terms; C12; C13}, - doi={10.1007/s00181-012-0604-2}, - abstract={We provide practical advice for applied economists regarding robust specification and interpretation of linear regression models with interaction terms. We replicate a number of prominently published results using interaction effects and examine if they are robust to reasonable specification permutations. Copyright Springer-Verlag 2013}, - url={https://ideas.repec.org/a/spr/empeco/v45y2013i1p583-603.html} -} - -@Article{Scandinavian2014, - author={Sebnem Kalemli-Ozcan and Emiliano Luttini and Bent Sorensen}, - title={{Debt Crises and Risk-Sharing: The Role of Markets versus Sovereigns}}, - journal={Scandinavian Journal of Economics}, - year=2014, - volume={116}, - number={1}, - pages={253-276}, - month={01}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/bla/scandj/v116y2014i1p253-276.html} -} -@Article{JEEA2014, - author={Sebnem Kalemli-Ozcan and Bent Sorensen and Vadym Volosovych}, - title={{Deep Financial Integration And Volatility}}, - journal={Journal of the European Economic Association}, - year=2014, - volume={12}, - number={6}, - pages={1558-1585}, - month={December}, - keywords={}, - doi={}, - abstract={ We investigate the relationship between foreign direct ownership of firms and firm- and region-level output volatility using a novel panel data set for European countries. We document a positive, highly robust, relationship between firm-level foreign ownership and volatility of value added. This relationship holds cross-sectionally and in panels with firm fixed effects where the relationship captures within-firm variation over time. Considering domestic firms with assets in foreign countries, we document that it is international diversification, rather than the nationality of the owner, that explains this positive correlation. Our results can also be found at the aggregate level, where we show that region-level volatility is correlated positively with foreign investment in the region. We show that this positive relation between aggregate volatility and foreign investment can be explained by the granularity of the firm size distribution and the fact that foreign ownership is concentrated among the largest firms.}, - url={https://ideas.repec.org/a/bla/jeurec/v12y2014i6p1558-1585.html} -} -@Article{QJE1996, - author={Pierfederico Asdrubali and Bent E. S{\o}rensen and Oved Yosha}, - title={{Channels of Interstate Risk Sharing: United States 1963–1990}}, - journal={The Quarterly Journal of Economics}, - year=1996, - volume={111}, - number={4}, - pages={1081-1110}, - month={}, - keywords={}, - doi={}, - abstract={We develop a framework for quantifying the amount of risk sharing among states in the United States, and construct data that allow us to decompose the cross-sectional variance in gross state product into several components which we refer to as levels of smoothing. We find that 39 percent of shocks to gross state product are smoothed by capital markets, 13 percent are smoothed by the federal government, and 23 percent are smoothed by credit markets. The remaining 25 percent are not smoothed. We also decompose the federal government smoothing into subcategories: taxes, transfers, and grants to states.}, - url={https://ideas.repec.org/a/oup/qjecon/v111y1996i4p1081-1110..html} -} -@Article{J-Urban2016, - author={Craig, Steven G. and Hemissi, Wided and Mukherjee, Satadru and S{\o}rensen, Bent E.}, - title={{How do politicians save? Buffer-stock management of unemployment insurance finance}}, - journal={Journal of Urban Economics}, - year=2016, - volume={93}, - number={C}, - pages={18-29}, - month={}, - keywords={Government savings; Unemployment insurance; Impatience; Prudence}, - doi={10.1016/j.jue.2016.02.002}, - abstract={We fit an empirical structural model of forward looking government savings behavior to data from the U.S. state Unemployment Insurance (UI) programs 1976–2008. States increase benefits or lower taxes when Unemployment Trust fund balances are high, consistent with a desired target level of savings. This can be explained by the representative state program behaving like a Carroll (1992) buffer-stock consumer who trades off a desire to expend savings (impatience) against the fear of running out of funds (risk aversion). We calibrate the model to the data and find that statistics from model simulations match similar statistics produced from the data for reasonable levels of risk aversion and impatience.}, - url={https://ideas.repec.org/a/eee/juecon/v93y2016icp18-29.html} -} -@Article{AEJ2017, - author={Yuliya Demyanyk and Dmytro Hryshko and María Jose Luengo-Prado and Bent E. S{\o}rensen}, - title={{Moving to a Job: The Role of Home Equity, Debt, and Access to Credit}}, - journal={American Economic Journal: Macroeconomics}, - year=2017, - volume={9}, - number={2}, - pages={149-181}, - month={April}, - keywords={}, - doi={}, - abstract={We use individual-level credit reports merged with loan-level mortgage data to estimate how home equity interacted with mobility in relatively weak and strong labor markets in the United States during the Great Recession. We construct a dynamic model of housing, consumption, employment, and relocation, which provides a structural interpretation of our empirical results and allows us to explore the role that foreclosure played in labor mobility. We find that negative home equity is not a significant barrier to job-related mobility because the benefits of accepting an out-of-area job outweigh the costs of moving. This pattern holds even if homeowners are not able to default on their mortgages.}, - url={https://ideas.repec.org/a/aea/aejmac/v9y2017i2p149-81.html} -} -@TechReport{ORBIS, - author={Sebnem Kalemli-Ozcan and Bent Sorensen and Carolina Villegas-Sanchez and Vadym Volosovych and Sevcan Yesiltas}, - title={{How to Construct Nationally Representative Firm Level data from the ORBIS Global Database}}, - year=2015, - month=Sep, - institution={National Bureau of Economic Research, Inc}, - type={NBER Working Papers}, - url={https://ideas.repec.org/p/nbr/nberwo/21558.html}, - number={21558}, - abstract={Firm-level data on productivity, financial activity and firms' international linkages have become essential for research in the fields of macro, international finance and growth. This paper describes the development of a firm-level global panel dataset for public and private companies based on the administrative micro-dataset ORBIS, provided commercially by Bureau van Dijk Electronic Publishing (BvD). The ORBIS database provides data on firms' financial and productive activities from balance sheets and income statements together with detailed information on firms' domestic and international ownership structure for over 130 million companies across the world. Researchers need to overcome several challenges before making the database usable for research. First, the database is not designed for large downloads that is essential for an econometric analysis. Second, there are several inherent biases in the database that affect the download process and lead to missing information. Third, the raw data may contain a number of irregularities which, if not dealt with, will result in data loss during a standard cleaning procedure. In combination, these issues cause minimal coverage of small firms, extensive missing data, and poor national representation. We give detailed instructions on the data gathering process from ORBIS in terms of downloading methodology and cleaning procedure so that a researcher can construct a database that is nationally representative with minimal missing information. We provide examples from several European countries to present the process and discuss the resulting dataset in detail.}, - keywords={}, - doi={}, -} -@book{NBEReich-4, - title = "NBER Macroeconomics Annual 2017, volume 32", - author = "Martin S. Eichenbaum and Jonathan Parker", - institution = "National Bureau of Economic Research", - type = "Book", - publisher = "University of Chicago Press", - year = "2017", - URL = "http://www.nber.org/books/eich-4", -} - -@article{lebaron2006agent, - title={Agent-based computational finance}, - author={LeBaron, Blake}, - journal={Handbook of computational economics}, - volume={2}, - pages={1187--1233}, - year={2006}, - publisher={Elsevier} -} - -@article{qiu2017limited, - title={Limited individual attention and online virality of low-quality information}, - author={Qiu, Xiaoyan and Oliveira, Diego FM and Shirazi, Alireza Sahami and Flammini, Alessandro and Menczer, Filippo}, - journal={Nature Human Behavior}, - volume={1}, - pages={0132}, - year={2017} -} - -@article{epstein2009modelling, - title={Modelling to contain pandemics}, - author={Epstein, Joshua M}, - journal={Nature}, - volume={460}, - number={7256}, - pages={687--687}, - year={2009}, - publisher={Nature Publishing Group} -} -@article{gafhcghpyGetting, - title={Getting at systemic risk via an agent-based model of the housing market}, - author={Geanakoplos, John and Axtell, Robert and Farmer, Doyne J and Howitt, Peter and Conlee, Benjamin and Goldstein, Jonathan and Hendrey, Matthew and Palmer, Nathan M and Yang, Chun-Yi}, - journal={The American Economic Review}, - volume={102}, - number={3}, - pages={53--58}, - year={2012}, - publisher={American Economic Association} -} - -@article{bfhltuMacroprudential, - title={Macroprudential policy in an agent-based model of the UK housing market}, - author={Baptista, Rafa and Farmer, J Doyne and Hinterschweiger, Marc and Low, Katie and Tang, Daniel and Uluc, Arzu}, - journal={Bank of England Staff Working Paper No. 619: Macroprudential policy in an agent-based model of the UK housing market - Rafa Baptista, J Doyne Farmer, Marc Hinterschweiger, Katie Low, Daniel Tang and Arzu Uluc}, - year={2016} -} - -@article{bdksLeverage, - title={House Price Beliefs and Mortgage Leverage Choice}, - author={Bailey, Michael C and D{\'a}vila, Eduardo and Kuchler, Theresa and Stroebel, Johannes}, - journal={Manuscript}, - year={2017} -} - -@article{reiterSolving, - title = {Solving heterogeneous-agent models by projection and perturbation}, - volume = {33}, - number = {3}, - journal = {Journal of Economic Dynamics and Control}, - author = {Reiter, Michael}, - month = mar, - year = {2009}, - pages = {649--665}, -} - -@techreport{reiterApproximate, - title = {Approximate and {Almost}-{Exact} {Aggregation} in {Dynamic} {Stochastic} {Heterogeneous}-{Agent} {Models}}, - number = {258}, - institution = {Institute for Advanced Studies}, - author = {Reiter, Michael}, - month = oct, - year = {2010}, -} - - -@article{summersWolf2, - author = {Summers, Lawrence H.}, - journal = {Financial Times interview}, - note = {\url{http://larrysummers.com/commentary/speeches/brenton-woods-speech/}}, - title = {Larry Summers and Martin Wolf on New Economic - Thinking}, - year = {2011}, - url = {http://larrysummers.com/commentary/speeches/brenton-woods-speech/}, -} - -@article{akerlofMMM, - author = {Akerlof, George A.}, - journal = {American Economic Review}, - note = {\url{https://www.aeaweb.org/articles?id=10.1257/aer.97.1.5}}, - number = {1}, - pages = {5--36}, - title = {The Missing Motivation in Macroeconomics}, - volume = {97}, - year = {2007}, - url = {https://www.aeaweb.org/articles?id=10.1257/aer.97.1.5}, -} - -@article{shillerTeach, - author = {Shiller, Robert J.}, - journal = {Journal of Economic Education}, - number = {4}, - pages = {403--09}, - title = {How Should the Financial Crisis Change How We Teach Economics?}, - volume = {41}, - year = {2010}, -} - -@article{stock_confidence_1991, - title = {Confidence intervals for the largest autoregressive root in {U}.{S}. macroeconomic time series}, - volume = {28}, - url = {http://econpapers.repec.org/article/eeemoneco/v_3a28_3ay_3a1991_3ai_3a3_3ap_3a435-459.htm}, - number = {3}, - journal = {Journal of Monetary Economics}, - author = {Stock, James}, - year = {1991}, - pages = {435--459}, -} - -@article{tokuoka2013saving, - title={Saving response to unemployment of a sibling}, - author={Tokuoka, Kiichi}, - journal={Journal of Economic Behavior and Organization}, - volume={89}, - pages={58--75}, - year={2013}, - publisher={Elsevier} -} - - -@article{lmpPermShocks, - title={Wage risk and employment risk over the life cycle}, - author={Low, Hamish and Meghir, Costas and Pistaferri, Luigi}, - journal={The American economic review}, - volume={100}, - number={4}, - pages={1432--1467}, - year={2010}, - publisher={American Economic Association} -} - -@techreport{gkosData, - title={What do data on millions of US workers reveal about life-cycle earnings risk?}, - author={Guvenen, Fatih and Karahan, Fatih and Ozkan, Serdar and Song, Jae}, - year={2015}, - institution={National Bureau of Economic Research} -} - -@article{bsDigustibus, - title={De gustibus non est disputandum}, - author={Stigler, George J and Becker, Gary S}, - journal={The American Economic Review}, - volume={67}, - number={2}, - pages={76--90}, - year={1977}, - publisher={JSTOR} -} - -@techreport{blanchardDSGE, - title={Do DSGE Models Have a Future?}, - author={Blanchard, Olivier}, - year={2016}, - note={Available at \href{https://piie.com/system/files/documents/pb16-11.pdf}{https://piie.com/system/files/documents/pb16-11.pdf}}, - url={https://piie.com/system/files/documents/pb16-11.pdf}, - institution={Petersen Institute for International Economics} -} - -@techreport{haldaneDappled, - title={The Dappled World}, - author={Haldane, Andy}, - year={2016}, - note={Available at \href{http://www.bankofengland.co.uk/publications/Pages/speeches/2016/937.aspx}{http://www.bankofengland.co.uk/publications/Pages/speeches/2016/937.aspx}}, - url={http://www.bankofengland.co.uk/publications/Pages/speeches/2016/937.aspx}, - journal={Speech Given at GLS Shackle Biennial Memorial Lecture}, - institution={Bank of England}, - month={November} -} - - -@article{auclertMPC, - title={Monetary policy and the redistribution channel}, - author={Auclert, Adrien}, - journal={Unpublished manuscript}, - year={2015} -} - -@misc{yellenHetero, - url={https://www.federalreserve.gov/newsevents/speech/yellen20161014a.htm}, - note={Available at \href{https://www.federalreserve.gov/newsevents/speech/yellen20161014a.htm}{https://www.federalreserve.gov/newsevents/speech/yellen20161014a.htm}}, - author = {Yellen, Janet}, - journal = {At \emph{The Elusive `Great' Recovery: Causes and Implications for Future Business Cycle Dynamics} 60th annual economic conference sponsored by the Federal Reserve Bank of Boston, Boston, Massachusetts}, - title = {Macroeconomic Research After the Crisis}, - year={2016}, - month={October}, - day={16} -} - -October 14, 2016 - - -Chair Janet L. Yellen - -At "The Elusive 'Great' Recovery: Causes and Implications for Future Business Cycle Dynamics" 60th annual economic conference sponsored by the Federal Reserve Bank of Boston, Boston, Massachusetts - -@misc{coeureHetero, - author={Coeure, Benoit}, - title={The relevance of household-level data for monetary policy and financial stability analysis}, - url = {http://www.ecb.europa.eu/press/key/date/2013/html/sp131017.en.html}, - journal={Opening Remarks Delivered at ECB Conference on Household Finance and Consumption}, - year = {2013}, - month= {October}, - day = {17}, - notes = {Available at \href{http://www.ecb.europa.eu/press/key/date/2013/html/sp131017.en.html}{http://www.ecb.europa.eu/press/key/date/2013/html/sp131017.en.html}} -} - - -@ARTICLE{ElizabethWhy, - author = {Elizabeth, Queen~of~England}, - title = {The economic forecasters' failing vision}, - journal = {Financial Times}, - year = 2008, - note = {https://www.ft.com/content/50007754-ca35-11dd-93e5-000077b07658}, - date = {November 25, 2008}, - url = {https://www.ft.com/content/50007754-ca35-11dd-93e5-000077b07658} -} - -@techreport{akmwwInequality-Discuss, - author = {Christopher D. Carroll and Edmund Crawley}, - title = {Discussion of `When Inequality Matters for Macro and Macro Matters for Inequality'}, - year = {2017}, - journal = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - institution = {NBER}, - url = {https://www.econ2.jhu.edu/people/ccarroll/discuss/2017-04_NBER_Macro-Annual/akmwwInequality/} -} - -@article{akmwwInequality, - title = {When Inequality Matters for Macro and Macro Matters for Inequality}, - author = {SeHyoun Ahn and Greg Kaplan and Benjamin Moll and Thomas Winberry and Christian Wolf}, - journal = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 2017, - editor = {Jonathan Parker and Martin S. Eichenbaum, Organizers}, - volume = 32, - url = {http://www.princeton.edu/~moll/WIMM.pdf}, - address = {Cambridge, MA}, -} - - -@ARTICLE{infrastructureNYT, - author = {Jennifer Steinhauer}, - title = {Republicans Now Marching With Trump on Ideas They Had Opposed}, - journal = {New York Times}, - year = 2017, - month = {January}, - day = {27}, - note = {\url{https://www.nytimes.com/2017/01/26/us/politics/trump-republican-retreat.html}}, - url = {\url{https://www.nytimes.com/2017/01/26/us/politics/trump-republican-retreat.html}}, -} - -@techreport{amkstPuzzle, - title = "Late-in-Life Risks and the Under-Insurance Puzzle", - author = "John Ameriks and Joseph Briggs and Andrew Caplin and Matthew D. Shapiro and Christopher Tonetti", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "22726", - year = "2016", - month = "October", - doi = {10.3386/w22726}, - URL = "http://www.nber.org/papers/w22726", - abstract = {Individuals face significant late-in-life risks, including needing long-term care (LTC). Yet, they hold little long-term care insurance (LTCI). Using both “strategic survey questions,” which identify preferences, and stated demand questions, this paper investigates the degree to which a fundamental lack of interest and poor product features determine low LTCI holdings. It estimates a rich set of individual-level preferences and uses a life-cycle model to predict insurance demand, finding that better insurance would be far more widely held than are products in the market. Comparing stated and model-predicted demand shows that flaws in existing products provide a significant, but partial, explanation for this under-insurance puzzle.}, -} - -@article{fjFutureGrowth, -Author = {Fernald, John G. and Jones, Charles I.}, -Title = {The Future of US Economic Growth}, -Journal = {American Economic Review}, -Volume = {104}, -Number = {5}, -Year = {2014}, -Month = {May}, -Pages = {44-49}, -DOI = {10.1257/aer.104.5.44}, -URL = {http://www.aeaweb.org/articles?id=10.1257/aer.104.5.44}, -notes = {Available at {http://web.stanford.edu/~chadj/FernaldJones2014.pdf}} -} - -@techreport{kocherlakotaTrouble, - author = {Kocherlakota, Narayana}, - title = {Thoughts on `The Trouble With Macroeconomics'}, - url = {https://sites.google.com/site/kocherlakota009/home/research/9-15-16}, - note = {\url{https://sites.google.com/site/kocherlakota009/home/research/9-15-16}}, - month = {September}, - year = {2016}, - institution = {Kocherlakota Blog} -} - -@ARTICLE{caballeroPretense, - author = {Caballero, Ricardo J.}, - title = {Macroeconomics after the Crisis: Time to Deal with - the Pretense-of-Knowledge Syndrome}, - journal = {Journal of Economic Perspectives}, - year = 2010, - volume = 24, - pages = {85--102}, - number = 4, - note = {\url{http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.24.4.85}}, - doi = {10.1257/jep.24.4.85}, - url = {http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.24.4.85} -} - - -@techreport{romerTrouble, - author = {Romer, Paul}, - title = {The Trouble With Macroeconomics}, - url = {https://paulromer.net/wp-content/uploads/2016/09/WP-Trouble.pdf}, - year = {2016}, - month = {September}, - institution = {\url{http://paulromer.net}}, - note = {Available at \url{https://paulromer.net/wp-content/uploads/2016/09/WP-Trouble.pdf}}, -} - -@techreport{keynesMaster, - author = {Keynes, John Maynard}, - title = {The Collected Writings of John Maynard Keynes}, - volume = {X}, - year = {1972}, - publisher = {Royal Economic Society}, - url = {http://www.goodreads.com/quotes/798690-the-master-economist-must-possess-a-rare-combination-of-gifts}, - note = {\url{http://www.goodreads.com/quotes/798690-the-master-economist-must-possess-a-rare-combination-of-gifts}} -} - -@techreport{dkpQE, - title = "How Quantitative Easing Works: Evidence on the Refinancing Channel", - author = "Marco {Di Maggio} and Amir Kermani and Christopher Palmer", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "22638", - year = "2016", - month = "September", - doi = {10.3386/w22638}, - URL = "http://www.nber.org/papers/w22638", - abstract = {Despite massive large-scale asset purchases (LSAPs) by central banks around the world since the global financial crisis, there is a lack of empirical evidence on whether and how these programs affect the real economy. Using rich borrower-linked mortgage-market data, we document that there is a “flypaper effect” of LSAPs, where the transmission of unconventional monetary policy to interest rates and (more importantly) origination volumes depends crucially on the assets purchased and degree of segmentation in the market. For example, QE1, which involved significant purchases of GSE-guaranteed mortgages, increased GSE-eligible mortgage originations significantly more than the origination of GSE-ineligible mortgages. In contrast, QE2's focus on purchasing Treasuries did not have such differential effects. We find that the Fed's purchase of MBS (rather than exclusively Treasuries) during QE1 resulted in an additional \$600 billion of refinancing, substantially reduced interest payments for refinancing households, led to a boom in equity extraction, and increased refinancing mortgagors’ consumption by an additional \$76 billion. This de facto allocation of credit across mortgage market segments, combined with sharp bunching around GSE eligibility cutoffs, establishes an important complementarity between monetary policy and macroprudential housing policy. Our counterfactual simulations estimate that relaxing GSE eligibility requirements would have significantly increased refinancing activity in response to QE1, including a 20\% increase in equity extraction by households. Overall, our results imply that central banks could most effectively provide unconventional monetary stimulus by supporting the origination of debt that would not be originated otherwise.}, - } - -@article{grodzickiCCC, - title={The Evolution of Competition in the Credit Card Market}, - author={Grodzicki, Daniel}, - journal={The Pennsylvania State University}, - year={2015} - } - -@article{ausubelFailure, - title={The failure of competition in the credit card market}, - author={Ausubel, Lawrence M}, - journal={The American Economic Review}, - pages={50--81}, - year={1991}, - publisher={JSTOR} - } - -@article{pikettyCapital, - title={Capital in the twenty-first century}, - author={Piketty, Thomas}, - journal={Cambridge, MA, London}, - year={2014} - } - -@article{rognliePiketty, -author ={Rognlie, Matthew}, -title = {A Note on Piketty and Diminishing Returns to Capital}, -url = {http://www.mit.edu/~mrognlie/piketty_diminishing_returns.pdf}, -journal = {Under revision, Brookings Papers on Economic Activity}, -year = {2014}, -} - -@article{Piketty_Saez2003, - author = {Thomas Piketty and Emmanuel Saez}, - journal = {Quarterly Journal of Economics}, - number = {1}, - pages = {1--39}, - title = {Income Inequality in the United States, 1913--1998}, - volume = {118}, - year = {2003}, -} - - -@TECHREPORT{fgmpReturns, -title = {Heterogeneity in Returns to Wealth and the Measurement of Wealth Inequality}, -author = {Fagereng, Andreas and Luigi Guiso and Davide Malacrino and Luigi Pistaferri}, -year = 2016, -institution = {Einaudi Institute for Economics and Finance (EIEF)}, -type = {EIEF Working Papers Series}, -number = {16/1}, -url = {http://www.eief.it/files/2016/01/wp-01-heterogeneity-in-returns-to-wealth-and-the-measurement-of-wealth-inequality.pdf}, -note = {Available at \url{http://llorracc.net/cited/fgmpReturns}} -} - - -@techreport{ghosDespiteUzawa, - title = "Balanced Growth Despite Uzawa", - author = "Gene M. Grossman and Elhanan Helpman and Ezra Oberfield and Thomas Sampson", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "21861", - year = "2016", - month = "January", - doi = {10.3386/w21861}, - URL = "http://www.nber.org/papers/w21861", - abstract = {The evidence for the United States points to balanced growth despite falling investment-good prices and an elasticity of substitution between capital and labor less than one. This is inconsistent with the Uzawa Growth Theorem. We extend Uzawa's theorem to show that the introduction of human capital accumulation in the standard way does not resolve the puzzle. However, balanced growth is possible if schooling is endogenous and capital is more complementary with schooling than with raw labor. We describe balanced growth paths for a variety of neoclassical growth models with capital-augmenting technological progress and endogenous schooling. The balanced growth path in an overlapping-generations model in which individuals choose the duration of their education matches key features of the U.S. economic record.}, -} -@article{WhiteENDG, -author = "Matthew N. White", -title = "The Method of Endogenous Gridpoints in Theory and Practice", -year = "2015", -journal = "Journal of Economic Dynamics and Control", -volume = "60", -pages = "26-41", -url = {http://dx.doi.org/10.1016/j.jedc.2015.08.001}, -doi = {10.1016/j.jedc.2015.08.001}, -notePri = {http://llorracc.net/papers/WhiteENDG} -} - - -@TechReport{cpHetero, - Title = {The Heterogeneous-Agent Computational toolKit: An Extensible Framework for Solving and Estimating Heterogeneous-Agent Models}, - Author = {Carroll, Christopher D and Palmer, Nathan M}, - Institution = {Johns Hopkins University and Office of Financial Research}, - Journal = {Computing in Economics and Finance 2015, Taipei, Taiwan}, - Year = 2015, - Month = {June}, - url = {https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=CEF2015&paper_id=523}, - note = {Available at \url{https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=CEF2015&paper_id=523}}, - } - -@article{rodrikRules, - author= {Rodrik, Dani}, - title = {Economics Rules}, - url = {https://www.youtube.com/watch?feature=youtu.be&t=29m&v=Yxbcb7hxZP0&app=desktop}, - note = {Available at \href{https://www.youtube.com/watch?feature=youtu.be&t=29m&v=Yxbcb7hxZP0&app=desktop}{YouTube}}, - journal = {YouTube}, - year = {2015} -} - - - -@article{samuelson1937note, - title={A note on measurement of utility}, - author={Samuelson, Paul A}, - journal={The Review of Economic Studies}, - volume={4}, - number={2}, - pages={155--161}, - year={1937}, - publisher={JSTOR} - } - - -@article{samuelson1979we, - title={Why we should not make mean log of wealth big though years to act are long}, - author={Samuelson, Paul A}, - journal={Journal of Banking and Finance}, - volume={3}, - number={4}, - pages={305--307}, - year={1979}, - publisher={Elsevier}, - doi= {http://dx.doi.org/10.1016/0378-4266(79)90023-2} - } - -@article{BueraShin2009, - title={Productivity Growth and Capital Flows: The Dynamics of Reform}, - author={Buera, Francisco and Yongseok Shin}, - journal={NBER Working Paper 15268}, - year={2009} -} - -@article{Benhima2013, - title={A Reappraisal of the Allocation Puzzle through the Portfolio Approach}, - author={Benhima, Kenza}, - journal={Journal of international Economics}, - volume={89}, - number={2}, - pages={331--346}, - year={2013}, - publisher={Elsevier} -} - - -@article{BachettaBenhima2015, - title={The Demand for Liquid Assets, Corporate Saving and Global Imbalances}, - author={Bacchetta, Philippe and Kenza Benhima}, - journal={Journal of the European Economic Association}, - volume={forthcoming}, - year={2015} -} - -@misc{deatonStateCapacity, - author = {Angus Deaton}, - title = {Weak States, Poor Countries}, - journal = {Project Syndicate}, - year = {2013}, - url = {http://www.project-syndicate.org/commentary/economic-development-requires-effective-governments-by-angus-deaton}, - note = {Available at \texttt{\href{http://www.project-syndicate.org/commentary/economic-development-requires-effective-governments-by-angus-deaton}{Project Syndicate}}} - } - -@book{brynjolfsson2014second, - title={The second machine age: work, progress, and prosperity in a time of brilliant technologies}, - author={Brynjolfsson, Erik and McAfee, Andrew}, - year={2014}, - publisher={WW Norton \& Company} - } - - -@techreport{assMiddleClass, - title = "Loan Originations and Defaults in the Mortgage Crisis: The Role of the Middle Class", - author = "Manuel Adelino and Antoinette Schoar and Felipe Severino", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "20848", - year = "2015", - month = "January", - doi = {10.3386/w20848}, - URL = "http://www.nber.org/papers/w20848", - abstract = {We provide new facts on the debt dynamics leading up to the financial crisis of 2007. Earlier research suggests that distortions in the supply of mortgage credit, evidenced by a decoupling of credit flow from income growth, may have caused the rise in house prices and the subsequent housing market collapse. This paper shows that the increase in mortgage originations was shared across the whole distribution of borrowers, and that middle- and high-income borrowers made up the majority of originations even at the peak of the boom. Compared to prior years, middle- and high-income borrowers (not the poor), as well as those with medium and high credit scores, made up a much larger share of delinquencies in the crisis relative to earlier years. We show that the relation between individual mortgage size and income growth during the housing boom was always strongly positive, also in line with previous periods (and independent of how income is measured). These results are most consistent with an expectations based view of the financial crisis in which both homebuyers and lenders were buying into increasing housing values and defaulted once prices dropped. }, - } - -@TECHREPORT{aydinMPCLiq, -title = {The Marginal Propensity to Consume out of Liquidity}, -author = {Aydin, Deniz}, -year = {2015}, -institution = {Stanford Institute for Economic Policy Research}, -type = {Discussion Papers}, -number = {15-010}, -abstract = {This paper presents novel tests of competing models of intertemporal consumption behavior using unique European administrative panel data on income, spending and assets. I estimate the marginal propensity to consume (MPC) out of ‘liquidity’ -the debt response to a change in borrowing capacity- using changes in credit card limits in a randomized controlled trial implemented in September 2014 involving fifty-five thousand individuals. I obtain four empirical results: First, borrowing constraints change consumption dynamics even when they are not strictly binding. Two-thirds of the population accumulate a significant average of 20 cent of debt per dollar limit increase, relative to the control group. Second, the heterogeneity of the MPC is exclusively in line with precautionary models, a decreasing function of cash-on-hand. Third, the debt response to liquidity and credit card utilization are stationary. Fourth, additional liquidity is spent mostly on durables and services using installments, with a smaller fraction spent on non-durables and taken out as cash advances. I then use a workhorse Bewley model with realistic income risk and show that the joint dynamics of consumption, debt and the balance sheet in response to a change in borrowing constraints can be used to calibrate and test intertemporal models. Debt response to liquidity shocks identifies preference parameters via a simulated moments estimator. Hump-shaped debt response and mean-reverting credit card utilization are not consistent with myopia as the underlying preferences.}, -keywords = {consumption; debt; borrowing con- straints; precautionary saving; permanent income hypothesis; field experiment.}, -url = {http://EconPapers.repec.org/RePEc:sip:dpaper:15-010}, -notePri = {http://llorracc.net/aydinMPCLiq.pdf} -} - -@article{agarwalQuianSingaporeMPC, - author = {Sumit Agarwal and Wenlan Qian}, - journal = {American Economic Review}, - title = {Consumption and Debt Response to Unanticipated - Income Shocks: Evidence from a Natural Experiment in - Singapore}, - volume = 104, - number = 12, - year = 2014, - pages = {4205--4230}, -} - -@misc{SSLifeTables, - title = {Actuarial Life Table}, - author = {{Social Security Administration}}, - year = 2010, - note = {available at - \url{http://www.ssa.gov/oact/STATS/table4c6.html}}, -} - - -@inbook{WhyDoRichSaveNoURL, - author = {Christopher D. Carroll}, - editor = {Joel B. Slemrod}, - title = {Does Atlas Shrug? The Economic Consequences of - Taxing the Rich}, - year = 2000, - chapter = 14, - pages = {465--484} -} - - -@inproceedings{WhyDoRichSave, - author = {Christopher D. Carroll}, - booktitle = {Does Atlas Shrug? The Economic Consequences of Taxing the Rich}, - editor = {Joel B. Slemrod}, - publisher = {Harvard University Press}, - title = {Why Do the Rich Save So Much?}, - chapter = 14, - year = {2000}, - url = {https://www.econ2.jhu.edu/people/ccarroll/Why.pdf}, -} - -@article{ksHeteroPort, - author = {Krusell, Per and Smith, Anthony A.}, - journal = {Macroeconomic Dynamics}, - number = 2, - pages = {387--422}, - title = {Income and Wealth Heterogeneity, Portfolio Choice - and Equilibrium Asset Returns}, - volume = 1, - year = 1997, -} - -@Article{heathcote_fiscalPolicy, - author = {Jonathan Heathcote}, - title = {Fiscal Policy with Heterogeneous Agents and - Incomplete Markets}, - journal = {Review of Economic Studies}, - year = 2005, - volume = 72, - number = 1, - pages = {161--188}, -} - - -@article{kaplanViolanteWeidner_wealthyH2M, - author = {Violante, Gianluca and Kaplan, Greg and Weidner, Justin}, - journal = {Brookings Papers on Economic Activity}, - pages = {77--138}, - title = {The Wealthy Hand-to-Mouth}, - volume = {Spring}, - year = {2014}, -abstract = {The wealthy hand-to-mouth are households who hold little or no liquid wealth (e.g. cash, checking, and saving accounts), despite owning sizable amounts of illiquid assets (i.e., assets that carry a transaction cost, such as housing, large durables, or retirement accounts). This portfolio configuration implies that these households have large marginal propensities to consume out of small income changes –a key determinant of the macroeconomic effects of fiscal policy. The wealthy hand-to-mouth, therefore, behave in many respects like households with little or no net worth, yet they escape standard definitions (and empirical measurements) of hand-to-mouth agents based on net worth. We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and Spain to document the share of such households across countries, their demographic characteristics, the composition of their balance sheet, and the persistence of hand-to-mouth status over the life cycle. Finally, we discuss the implications of this group of consumers for macroeconomic modelling and policy analysis.}, -} - - -@TECHREPORT{kaplanViolanteWeidner_wealthyH2M_SED, -title = {The Wealthy Hand-to-Mouth}, -author = {Violante, Gianluca and Kaplan, Greg and Weidner, Justin}, -year = {2014}, -institution = {Society for Economic Dynamics}, -type = {2014 Meeting Papers}, -number = {192}, -abstract = {The wealthy hand-to-mouth are households who hold little or no liquid wealth (e.g. cash, checking, and saving accounts), despite owning sizable amounts of illiquid assets (i.e., assets that carry a transaction cost, such as housing, large durables, or retirement accounts). This portfolio configuration implies that these households have large marginal propensities to consume out of small income changes –a key determinant of the macroeconomic effects of fiscal policy. The wealthy hand-to-mouth, therefore, behave in many respects like households with little or no net worth, yet they escape standard definitions (and empirical measurements) of hand-to-mouth agents based on net worth. We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and Spain to document the share of such households across countries, their demographic characteristics, the composition of their balance sheet, and the persistence of hand-to-mouth status over the life cycle. Finally, we discuss the implications of this group of consumers for macroeconomic modelling and policy analysis.}, -url = {http://EconPapers.repec.org/RePEc:red:sed014:192} -} - - -@techreport{coronadoEtAl, - author = {Coronado, Julia Lynn and Lupton, Joseph P. and - Sheiner, Louise M.}, - institution = {Federal Reserve Board}, - number = 32, - type = {FEDS discussion paper}, - title = {The Household Spending Response to the 2003 Tax Cut: - Evidence from Survey Data}, - year = 2005, -} - -@Article{ssBang, - author = {Matthew D. Shapiro and Joel Slemrod}, - title = {Did the 2008 Tax Rebates Stimulate Spending?}, - journal = {American Economic Review}, - year = 2009, - volume = 99, - number = 2, - pages = {374--79}, - month = {May}, - abstract = {Only one-fifth of respondents to a rider on the - University of Michigan Survey Research Center's - Monthly Survey said that the 2008 tax rebates would - lead them to mostly increase spending. Almost half - said the rebate would mostly lead them to pay off - debt, while about a third saying it would lead them - mostly to save more. The survey responses imply that - the aggregate propensity to spend from the rebate - was about one-third, and that there would not be - substantially more spending as a lagged effect of - the rebates. Because of the low spending propensity, - the rebates in 2008 provided low \"bang for the - buck\" as economic stimulus. Putting cash into - the hands of the consumers who use it to save or pay - off debt boosts their well-being, but it does not - necessarily make them spend. Low-income individuals - were particularly likely to use the rebate to pay - off debt.

    (This abstract was borrowed from another - version of this item.)}, - url = - {http://ideas.repec.org/a/aea/aecrev/v99y2009i2p374-79.html} -} - -@techreport{pseIncDistributionAndC, - author = {Luigi Pistaferri and Itay Saporta-Eksten}, - institution = {Ministry of Economy and Finance, Italy}, - number = 11, - type = {working paper}, - title = {Changes in the Income Distribution and Aggregate - Consumption}, - year = 2012, -} - -@techreport{mcKayPapp:wageRiskOverBC, - author = {McKay, Alisdair and Papp, Tamas}, - institution = {Boston University}, - number = 28, - type = {working paper}, - title = {Accounting for Idiosyncratic Wage Risk Over the - Business Cycle}, - year = 2011, -} - -@article{brickerEtAl:SCF2010, - author = {Bricker, Jesse and Kennickell, Arthur B. and Moore, - Kevin B. and Sabelhaus, John}, - institution = {Board of Governors of the Federal Reserve System}, - journal = {Federal Reserve Bulletin}, - month = {June}, - number = 2, - pages = {1--80}, - title = {Changes in U.S. Family Finances from 2007 to 2010: - Evidence from the Survey of Consumer Finances}, - volume = 98, - year = 2012, -} - -@article{brickerEtAl:topWealth, - author = {Bricker, Jesse and Henriques, Alice M. and Krimmel, Jacob and Sabelhaus, John}, - journal = {Brookings Papers on Economic Activity}, - pages = {261--321}, - title = {Measuring Income and Wealth at the Top Using Administrative and Survey Data}, - volume = {Spring}, - year = {2016}, - abstract={Administrative tax data indicate that U.S. top income and wealth shares are substantial and increasing rapidly (Piketty and Saez 2003, Saez and Zucman 2014). A key reason for using administrative data to measure top shares is to overcome the under-representation of families at the very top that plagues most household surveys. However, using tax records alone restricts the unit of analysis for measuring economic resources, limits the concepts of income and wealth being measured, and imposes a rigid correlation between income and wealth. The Survey of Consumer Finances (SCF) solves the under-representation problem by combining administrative and survey data (Bricker et al, 2014). Administrative records are used to select the SCF sample and verify that high-end families are appropriately represented, and the survey is designed to measure comprehensive concepts of income and wealth at the family level. The SCF shows high and rising top income and wealth shares, as in the ad ministrative tax data. However, unadjusted, the levels and growth based on administrative tax data alone appear to be substantially larger. By constraining the SCF to be conceptually comparable, we reconcile the differences, and show the extent to which restrictions and rigidities needed to estimate top income and wealth shares in the administrative data bias up levels and growth rates.}, - keywords={Administrative data; survey data; top income shares; top wealth shares}, -} - -@TechReport{brickerEtAl:topWealthWP, - author={Bricker, Jesse and Henriques, Alice M. and Krimmel, Jacob and Sabelhaus, John}, - title={Measuring Income and Wealth at the Top Using Administrative and Survey Data}, - year=2015, - month=Apr, - institution={Board of Governors of the Federal Reserve System}, - type={Finance and Economics Discussion Series}, - number={2015-30}, - abstract={Administrative tax data indicate that U.S. top income and wealth shares are substantial and increasing rapidly (Piketty and Saez 2003, Saez and Zucman 2014). A key reason for using administrative data to measure top shares is to overcome the under-representation of families at the very top that plagues most household surveys. However, using tax records alone restricts the unit of analysis for measuring economic resources, limits the concepts of income and wealth being measured, and imposes a rigid correlation between income and wealth. The Survey of Consumer Finances (SCF) solves the under-representation problem by combining administrative and survey data (Bricker et al, 2014). Administrative records are used to select the SCF sample and verify that high-end families are appropriately represented, and the survey is designed to measure comprehensive concepts of income and wealth at the family level. The SCF shows high and rising top income and wealth shares, as in the ad ministrative tax data. However, unadjusted, the levels and growth based on administrative tax data alone appear to be substantially larger. By constraining the SCF to be conceptually comparable, we reconcile the differences, and show the extent to which restrictions and rigidities needed to estimate top income and wealth shares in the administrative data bias up levels and growth rates.}, - keywords={Administrative data; survey data; top income shares; top wealth shares}, - doi={}, -} - - -@article{dsSecular, - title = {Fiscal Policy in a Depressed Economy [with Comments - and Discussion]}, - author = {DeLong, J Bradford and Summers, Lawrence H}, - journal = {Brookings Papers on Economic Activity}, - pages = {233--297}, - year = 2012, - publisher = {JSTOR} -} - -@Article{diamondOLG, - Title = {National Debt in a Neoclassical Growth Model}, - Author = {Diamond, Peter A.}, - Journal = {American Economic Review}, - Year = 1965, - Month = {December}, - Note = {\url{http://www.jstor.org/stable/1809231}}, - Pages = {1126--1150}, - Volume = 55, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1809231} -} - -@Article{diamond:olg, - Title = {National Debt in a Neoclassical Growth Model}, - Author = {Diamond, Peter A.}, - Journal = {American Economic Review}, - Year = 1965, - Month = {December}, - Note = {\url{http://www.jstor.org/stable/1809231}}, - Pages = {1126--1150}, - Volume = 55, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1809231} -} - -@article{jappelliPistaferri:IncomeItaly, - author = {Tullio Jappelli and Luigi Pistaferri}, - journal = {Review of Economic Dynamics}, - number = 1, - pages = {133--153}, - title = {Does Consumption Inequality Track Income Inequality - in Italy?}, - volume = 13, - year = 2010, -} - -@article{pijoanSanchez:IncomeSpain, - author = {Josep Pijoan-Mas and Virginia Sanchez-Marcos}, - journal = {Review of Economic Dynamics}, - number = 1, - pages = {154--178}, - title = {Spain Is Different: Falling Trends of Inequality}, - volume = 13, - year = 2010, -} - -@article{albarranEtAl:IncomeSpain, - author = {Pedro Albarran and Raquel Carrasco and Maite - Martinez-Granado}, - journal = {Oxford Bulletin of Economics and Statistics}, - number = 4, - pages = {491--518}, - title = {Inequality for Wage Earners and Self-Employed: - Evidence from Panel Data}, - volume = 71, - year = 2009, -} - -@techreport{rostamAfscharYao, - author = {Davud Rostam-Afschar and Jiaxiong Yao}, - type = {mimeo}, - title = {Taxation and Precautionary Savings over the Life - Cycle}, - year = 2013, - institution = {Johns Hopkins University} -} - -@techreport{yao:LaborIncomeRisks, - author = {Yao Yao}, - institution = {University of Mannheim}, - type = {mimeo}, - title = {Labor Income Risks in Germany}, - year = 2011, -} - -@techreport{hfcsFirstResults, - author = {{Eurosystem Household Finance and Consumption - Network}}, - institution = {European Central Bank}, - type = {Statistics Paper Series}, - number = 2, - title = {The Eurosystem Household Finance and Consumption - Survey -- First Results}, - year = 2013, - note = - {\url{http://www.ecb.europa.eu/pub/pdf/other/ecbsp2en.pdf}}, -} - -@techreport{hfcsMethReport, - author = {{Eurosystem Household Finance and Consumption - Network}}, - institution = {European Central Bank}, - type = {Statistics Paper Series}, - number = 1, - title = {The Eurosystem Household Finance and Consumption - Survey -- Methodological Report}, - year = 2013, - note = - {\url{http://www.ecb.europa.eu/pub/pdf/other/ecbsp1en.pdf}}, -} - -@article{souleles:responseToReaganCuts, - author = {Souleles, Nicholas S.}, - journal = {Journal of Public Economics}, - pages = {99--120}, - title = {Consumer Response to the Reagan Tax Cuts}, - volume = 85, - year = 2002, -} - -@techreport{johnsonEtAl:2003childTaxCredit, - author = {Johnson, David S. and Parker, Jonathan A. and - Souleles, Nicholas S.}, - institution = {The Wharton School}, - type = {working paper}, - title = {The Response of Consumer Spending to Rebates During - an Expansion: Evidence from the 2003 Child Tax - Credit}, - year = 2009, -} - -@article{red_xSectFacts, - author = {{Review of Economic Dynamics}}, - number = 1, - pages = {1--264}, - note = {edited by by Dirk Krueger, Fabrizio Perri, Luigi - Pistaferri and Giovanni L. Violante}, - title = {Special Issue: Cross-Sectional Facts for - Macroeconomists}, - volume = 13, - year = 2010 -} - -@book{Deaton2006, - added-at = {2009-08-21T12:19:46.000+0200}, - address = {Baltimore, MD}, - author = {Deaton, {Angus}}, - biburl = - {http://www.bibsonomy.org/bibtex/26f2f87784d59d86af8c471e5857865a0/fbw_hannover}, - edition = {3. printing}, - interhash = {7c53d5852b508cc472d541bc99f54519}, - intrahash = {6f2f87784d59d86af8c471e5857865a0}, - isbn = 0801852544, - pagetotal = {VIII, 479}, - ppn_gvk = 485128217, - publisher = {Johns Hopkins Univ. Press}, - subtitle = {a microeconometric approach to development policy}, - timestamp = {2009-08-21T12:19:46.000+0200}, - title = {The analysis of household surveys}, - url = - {http://gso.gbv.de/DB=2.1/CMD?ACT=SRCHA&SRT=YOP&IKT=1016&TRM=ppn+485128217&sourceid=fbw_bibsonomy}, - year = 2000 -} - -@ARTICLE{mianSufi:aerBorrowing, - author = {Atif R. Mian and Amir Sufi}, - title = {House Prices, Home Equity-Based Borrowing, and the - {U.S.} Household Leverage Crisis}, - journal = {American Economic Review}, - pages = {2132--2156}, - year = 2011, - volume = 101, - owner = {Jirka}, - timestamp = {2011.01.14} -} - -@book{msScarcity, - title = {Scarcity: Why Having Too Little Means So Much}, - author = {Mullainathan, Sendhil and Shafir, Eldar}, - year = 2013, - publisher = {Macmillan} -} - -@inbook{engelCurve, - title = {Die productions- und consumptionsverh{\"a}ltnisse - des K{\"o}nigsreichs Sachsen}, - author = {Engel, Ernst}, - publisher = {C. Heinrich}, - address = {Dresden}, - year = 1857, - booktitle = {Die Lebenkosten Belgischer Arbeiter-Familien}, -} - -@book{dmConsumer, - author = {Deaton, Angus and John Muellbauer}, - title = {Economics and Consumer Behavior}, - publisher = {Cambridge University Press}, - year = 1980, - address = {New York} -} - -@TECHREPORT{deatonWorldBankReview, - author = {Deaton, Angus (Chair) and Abhijit Banerjee (MIT), - Nora Lustig (UNDP), and Kenneth Rogoff (Harvard.)}, - title = {{A}n {E}valuation of {W}orld {B}ank {R}esearch, 1998 - - 2005}, - year = 2012, - file = - {deatonWorldBankReview.pdf:deatonWorldBankReview.pdf:PDF}, - owner = {ccarroll}, - timestamp = {2013.05.27}, - url = - {http://siteresources.worldbank.org/DEC/Resources/84797-1109362238001/726454-1164121166494/RESEARCH-EVALUATION-2006-Main-Report.pdf} -} - -@TECHREPORT{deatonWorldBankReviewNotes, - author = {Deaton, Angus (Chair) and Abhijit Banerjee (MIT) and Nora Lustig (UNDP) and Kenneth Rogoff (Harvard.)}, - title = {{A}n {E}valuation of {W}orld {B}ank {R}esearch, 1998 - - 2005}, - year = 2012, - file = - {deatonWorldBankReview.pdf:deatonWorldBankReview.pdf:PDF}, - owner = {ccarroll}, - timestamp = {2013.05.27}, - url = - {http://siteresources.worldbank.org/DEC/Resources/84797-1109362238001/726454-1164121166494/RESEARCH-EVALUATION-2006-Main-Report.pdf} -} - -@BOOK{NBERwise11-2, - title = {{I}nvestigations in the {E}conomics of {A}ging}, - publisher = {University of Chicago Press}, - year = 2012, - author = {David A. Wise}, - institution = {National Bureau of Economic Research}, - type = {Book}, - url = {http://www.nber.org/books/wise11-2} -} - -@BOOK{Eminent, - title = {{E}minent {E}conomists {II}}, - publisher = {Cambridge University Press}, - year = 2014, - author = {Michael Szenberg and Lall Ramrattan}, - address = {Cambridge} -} - -@article{cartwrightRCTs, - author = {Nancy Cartwright}, - title = {Are RCTs the Gold Standard?}, - journal = {BioSocieties}, - volume = 2, - number = 1, - pages = {11--20}, - year = 2007 -} - -@article{onionLeisure, - author = {Zweibel, Herbert}, - year = 2005, - title = {180 Trillion Leisure Hours Lost To Work Last Year}, - url = - {http://www.theonion.com/articles/180-trillion-leisure-hours-lost-to-work-last-year,1282/}, - note = - {\url{http://www.theonion.com/articles/180-trillion-leisure-hours-lost-to-work-last-year,1282/}}, - journal = {The Onion} -} - -@article{stoneDemand, - author = {Stone, J.~R.~N.}, - title = {Linear Expenditure Systems and Demand Analysis: An - Application to the Pattern of British Demand}, - journal = {Economic Journal}, - year = 1954, - month = {Sep}, - pages = {511--27}, - volume = 64 -} - -@article{theilDemand, - author = {Theil, Henri}, - journal = {Econometrica}, - year = 1965, - volume = 33, - pages = {67--87}, - month = {Jan} -} - -@article{muellbauerAggregation, - jstor_articletype ={research-article}, - title = {Aggregation, Income Distribution and Consumer - Demand}, - author = {Muellbauer, John}, - journal = {The Review of Economic Studies}, - volume = 42, - number = 4, - jstor_formatteddate ={Oct., 1975}, - pages = {pp. 525-543}, - url = {http://www.jstor.org/stable/2296792}, - ISSN = 00346527, - language = {English}, - year = 1975, - publisher = {Oxford University Press}, - copyright = {Copyright © 1975 The Review of Economic Studies, - Ltd.}, -} - -@ARTICLE{delongSage, - author = {deLong, J.~Bradford}, - title = {This Time, It Is {\it Not} Different}, - journal = {Rethinking Finance: Perspectives on the Crisis}, - year = 2012, - note = {\url{http://www.russellsage.org/rethinking-finance}}, - file = {delongSage.pdf:delongSage.pdf:PDF}, - url = {http://www.russellsage.org/rethinking-finance} -} - -@MISC{HMD, - author = {\url{www.mortality.org}}, - title = {Human~Mortality~Database}, - howpublished = {University of California, Berkeley (USA), and Max - Planck Institute for Demographic Research - (Germany).}, - year = 2008, - note = {Available at {\url{www.mortality.org}}} -} - -@ARTICLE{aafMinWage, - author = {Aaronson, Daniel and Agarwal, Sumit and French, - Eric}, - title = {The Spending and Debt Response to Minimum Wage - Hikes}, - journal = {Federal Reserve Board of Chicago Working Paper}, - year = 2011, - volume = {2007-23}, - pages = 14 -} - -@INCOLLECTION{abm:parallel, - author = {Abdelkhalek, Ahmed and Bilas, Angelos and - Michaelides, Alexander}, - title = {Parallelization, Optimization, and Performance - Analysis of Portfolio Choice Models}, - booktitle = {Proceedings of the 30th International Conference on - Parallel Processing}, - year = 2001, - address = {Valencia, Spain}, - month = {September 3-7} -} - -@ARTICLE{abel:habitsinGE, - author = {Abel, Andrew B.}, - title = {Risk Premia and Term Premia in General Equilibrium}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 43, - pages = {3--33}, - number = 1, - month = {February} -} - -@ARTICLE{abel:aerhabits, - author = {Abel, Andrew B.}, - title = {Asset Prices under Habit Formation and Catching Up - with the Joneses}, - journal = {American Economic Review}, - year = 1990, - volume = 80, - pages = {38--42}, - number = 2, - month = May -} - -@ARTICLE{abel:q, - author = {Abel, Andrew B.}, - title = {A Dynamic Model of Investment and Capacity - Utilization}, - journal = {Quarterly Journal of Economics}, - year = 1981, - volume = 96, - pages = {379--403}, - number = 3 -} - -@Article{acemogluCrisis, - Title = {The Crisis of 2008: Structural Lessons For and From - Economics}, - Author = {Acemoglu, Daron}, - Journal = {Manuscript, MIT}, - Year = 2009, - Note = {See also the discussion at - \url{http://economistsview.typepad.com/economistsview/2009/01/acemoglu-the-mo.html}}, - Owner = {Nic Johnson}, - Url = {http://econ-www.mit.edu/files/3703} -} - -@ARTICLE{as94, - author = {Acemoglu, Daron and Scott, Andrew}, - title = {Consumer Confidence and Rational Expectations: Are - Agents' Beliefs Consistent with the Theory?}, - journal = {The Economic Journal}, - year = 1992, - volume = 104, - pages = {1--19} -} - -@ARTICLE{ab03, - author = {Vera A. Adamchik and Arjun S. Bedi}, - title = {Gender Pay Differentials during the Transition in - {P}oland}, - journal = {The Economics of Transition}, - year = 2003, - volume = 11, - pages = {697--726}, - number = 4 -} - -@ARTICLE{acScrapping, - author = {Adda, Jerome and Cooper, Russell}, - title = {Balladurette and Juppette: A Discrete Analysis of - Scrapping Subsidies}, - journal = {Manuscript, Department of Economics, Boston - University}, - year = 1997 -} - -@Article{aslCredit, - author = {Sumit Agarwal and Chunlin Liu and Nicholas - S. Souleles}, - title = {The Reaction of Consumer Spending and Debt to Tax - Rebates--Evidence from Consumer Credit Data}, - journal = {Journal of Political Economy}, - year = 2007, - volume = 115, - number = 6, - pages = {986--1019}, - month = {December}, - url = {http://www.nber.org/papers/w13694} -} - -@TECHREPORT{abC, - author = {Aguiar, Mark A. and Mark Bils}, - title = {Has Consumption Inequality Mirrored Income - Inequality?}, - institution = {National Bureau of Economic Research, Inc}, - year = 2011, - type = {NBER Working Paper}, - number = 16807, - month = Feb, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/16807.html}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/abC.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/abC.pdf:PDF}, - url = {http://ideas.repec.org/p/nbr/nberwo/16807.html} -} - -@ARTICLE{AguiarAmador11, - author = {Aguiar, M. and Amador, M.}, - title = {Growth in the Shadow of Expropriation}, - journal = {The Quarterly Journal of Economics}, - year = 2011, - volume = 126, - pages = {651--697}, - number = 2 -} - -@TECHREPORT{ap05, - author = {Henning Ahnert and Adrian Page}, - title = {Euro Area Residential Property Prices: The - Aggregation of Non-Harmonised National Data}, - institution = {Bank for International Settlements}, - year = 2005, - type = {BIS papers}, - number = {21: Real Estate Indicators and Financial Stability} -} - -@ARTICLE{aiyagari:ge, - author = {Aiyagari, S. Rao}, - title = {Uninsured Idiosyncratic Risk and Aggregate Saving}, - journal = {Quarterly Journal of Economics}, - year = 1994, - volume = 109, - pages = {659--684} -} - -@MISC{aiyagari:opttax, - author = {Aiyagari, S. Rao}, - title = {Optimal Capital Income Taxation with Incomplete - Markets and Borrowing Constraints}, - howpublished = {Federal Reserve Bank of Minneapolis Working Paper - Number~508}, - year = 1993 -} - -@ARTICLE{akerlofNobel, - author = {Akerlof, George A.}, - title = {Behavioral Macroeconomics and Macroeconomic - Behavior}, - journal = {American Economic Review}, - year = 2002, - volume = 92, - pages = {411--433}, - number = 3, - note = - {\url{http://www.aeaweb.org/articles.php?doi=10.1257/00028280260136192}}, - doi = {10.1257/00028280260136192}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akerlofNobel.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akerlofNobel.pdf:PDF}, - url = - {http://www.aeaweb.org/articles.php?doi=10.1257/00028280260136192} -} - -@ARTICLE{ayNearRational, - author = {Akerlof, George A. and Janet L. Yellen}, - title = {A Near-rational Model of the Business Cycle, with - Wage and Price Intertia}, - journal = {The Quarterly Journal of Economics}, - year = 1985, - volume = 100, - pages = {823--38}, - number = 5 -} - -@ARTICLE{adp:two, - author = {Akerlof, George and Dickens, William and Perry, - George}, - title = {Near-Rational Wage and Price Setting and the - Long-Run Phillips Curve}, - journal = {Brookings Papers in Economic Activity}, - year = 2000, - volume = {(2000:1)}, - pages = {1--60} -} - -@ARTICLE{adp:one, - author = {Akerlof, George and Dickens, William and Perry:, - George}, - title = {The Macroeconomics of Low Inflation}, - journal = {Brookings Papers in Economic Activity}, - year = 1996, - volume = {(1996:1)}, - pages = {1--76} -} - -@ARTICLE{fa:lenin, - author = {Alesina, Alberto and Fuchs-Schundeln, Nicola}, - title = {Good Bye Lenin (Or Not?) The Effect of Communism on - People's Preferences}, - journal = {Manuscript, Harvard University}, - year = 2006 -} - -@TECHREPORT{ai07, - author = {Alberto Alesina and Andrea Ichino}, - title = {Gender-based Taxation}, - institution = {Harvard University}, - year = 2007, - type = {mimeo} -} - -@ARTICLE{alesina&rodrik:inequality, - author = {Alesina, Alberto and Rodrik, Dani}, - title = {Distributive Politics and Economic Growth}, - journal = {Quarterly Journal of Economics}, - year = 1994, - volume = 109, - pages = {465--90}, - number = 2, - month = {May} -} - -@ARTICLE{aklCohorts, - author = {Alessie, Rob and Kapteyn, Arie and Lusardi, - Annamaria}, - title = {Explaining the Wealth Holdings of Different Cohorts: - Productivity Growth and Social Security}, - journal = {European Economic Review}, - year = 2005, - volume = 49, - pages = {1361--1381}, - month = {July} -} - -@ARTICLE{alessie&lusardi:habits, - author = {Alessie, Rob and Lusardi, Annamaria}, - title = {Consumption, Saving, and Habit Formation}, - journal = {Economics Letters}, - year = 1997, - volume = 55, - pages = {103--108} -} - -@TECHREPORT{at02, - author = {Rob Alessie and Frederica Teppa}, - title = {Saving and Habit Formation: Evidence from the Dutch - Panel Data}, - institution = {CentER, Tilburg University}, - year = 2002, - type = {discussion paper}, - number = 62 -} - -@ARTICLE{algana, - author = {Algan, Yann and Allais, Oliver and Den~Haan, Wouter - J.}, - title = {Solving Heterogeneous-agent Models with - Parameterized Cross-sectional Distributions}, - journal = {Journal of Economic Dynamics and Control}, - year = 2008, - volume = 32, - pages = {875--908}, - number = 3, - month = {March} -} - -@ARTICLE{alganb, - author = {Algan, Yann and Allais, Oliver and Haan, - Wouter~J. Den}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty Using Parameterized Cross-sectional - Distributions}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{allen&carroll:individual, - author = {Allen, Todd M. and Carroll, Christopher D.}, - title = {Individual Learning About Consumption}, - journal = {Macroeconomic Dynamics}, - year = 2001, - volume = 5, - number = 4, - note = - {\url{http://econ.jhu.edu/people/ccarroll/IndivLearningAboutC.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/IndivLearningAboutC.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/IndivLearningAboutC.pdf} -} - -@TECHREPORT{ags05, - author = {Filippo Altissimo and Evaggelia Georgiou and Teresa - Sastre and Maria Teresa Valderrama and Gabriel - Sterne and Marc Stocker and Mark Weth and Karl - Whelan and Alpo Willman}, - title = {Wealth and Asset Price Effects on Economic Activity}, - institution = {European Central Bank}, - year = 2005, - type = {occasional paper series}, - number = 29 -} - -@ARTICLE{ahk:altruism, - author = {Altonji, Joseph G., Fumio Hayashi and Kotlikoff, - Laurence J.}, - title = {Is the Extended Family Altruistically Linked?}, - journal = {American Economic Review}, - year = 1992, - volume = 82, - pages = {1177--98}, - number = 5 -} - -@ARTICLE{aclvJoy, - author = {Ameriks, John and Caplin, Andrew and Laufer, Steven - and Van Nieuwerburgh, Stijn}, - title = {The Joy Of Giving Or Assisted Living? Using - Strategic Surveys To Separate Public Care Aversion - From Bequest Motives}, - journal = {The Journal of Finance}, - year = 2011, - volume = 66, - pages = {519--561}, - number = 2, - publisher = {Wiley Online Library} -} - -@ARTICLE{as07, - author = {Sungbae An and Frank Schorfheide}, - title = {Bayesian Analysis of DSGE Models}, - journal = {Econometric Reviews}, - year = 2007, - volume = {2--4}, - pages = {113--172}, - number = 26 -} - -@ARTICLE{ahlrStateSpace, - author = {Andersen, Steffen and Glenn W. Harrison and Morten - I. Lau and Elisabet Rutstr{\"}{o}m}, - title = {Lost in State Space: Are Preferences Stable?}, - journal = {International Economic Review}, - year = 2008, - volume = 49, - pages = {1091--1112}, - number = 3, - note = - {\url{http://dx.doi.org/10.1111/j.1468-2354.2008.00507.x}}, - abstract = {We use field experiments to examine the temporal - stability of risk preferences. Over a 17-month - period, we elicited risk preferences from subjects - chosen to be representative of the adult Danish - population. During this period we revisited many of - these subjects and repeated a risk aversion - elicitation task. We find some variation in risk - attitudes over time, but we do not detect a general - tendency for risk attitudes to increase or decrease - over a 17-month span. The results also suggest that - risk preferences are state contingent with respect - to personal finances.}, - doi = {10.1111/j.1468-2354.2008.00507.x}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahlrStateSpace.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahlrStateSpace.pdf:PDF}, - issn = {1468-2354}, - publisher = {Blackwell Publishing Inc}, - url = {http://dx.doi.org/10.1111/j.1468-2354.2008.00507.x} -} - -@TECHREPORT{aln05, - author = {Javier Andres and J. David Lopez-Salido and Edward - Nelson}, - title = {Sticky-Price Models and the Natural Rate Hypothesis}, - institution = {Federal Reserve Bank of St. Louis}, - year = 2005, - type = {Working Paper}, - number = {2005-018A} -} - -@ARTICLE{andrews:hac, - author = {Andrews, Donald W. K.}, - title = {Heteroskedasticity and Autocorrelation Consistent - Covvariance Matrix Estimation}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {817--858}, - number = 3 -} - -@ARTICLE{ams06, - author = {Donald W. K. Andrews and Marcelo J. Moreira and - James H. Stock}, - title = {Optimal Two-sided Invariant Similar Tests for - Instrumental Variables Regression}, - journal = {Econometrica}, - year = 2006, - volume = 74, - pages = {715--752}, - number = 3 -} - -@article{paEntrep, - title={Financial Integration, Entrepreneurial Risk and Global Dynamics}, - author={Angeletos, George-Marios and Panousi, Vasia}, - journal={Journal of Economic Theory}, - volume={146}, - number={3}, - pages={863--896}, - year={2011}, - url = {http://dx.doi.org/10.1016/j.jet.2011.02.001}, - publisher={Elsevier} -} - -@ARTICLE{paEntrep-InPress, - author = {Angeletos, George-Marios and Panousi, Vasia}, - title = {Financial Integration, Entrepreneurial Risk and - Global Dynamics}, - journal = {Journal of Economic Theory}, - year = 2011, - volume = {In Press, Corrected Proof}, - pages = {-}, - bdsk-url-1 = - {http://www.sciencedirect.com/science/article/B6WJ3-523V3MJ-2/2/6c200dd3b59cce0b683246ed465f2dff}, - bdsk-url-2 = {http://dx.doi.org/10.1016/j.jet.2011.02.001}, - doi = {DOI: 10.1016/j.jet.2011.02.001}, - issn = {0022-0531}, - keywords = {Global imbalances}, - url = - {http://www.sciencedirect.com/science/article/B6WJ3-523V3MJ-2/2/6c200dd3b59cce0b683246ed465f2dff} -} - -@ARTICLE{angrist&krueger:TSIV, - author = {Angrist, Joshua D. and Krueger, Alan B.}, - title = {The Effect of Age at School Entry on Educational - Attainment: An Application of Instrumental Variables - with Moments from Two Samples}, - journal = {Journal of the American Statistical Association}, - year = 1992, - volume = 87, - pages = {328--26}, - month = {June} -} - -@TECHREPORT{Antoniewicz:2000, - author = {Antoniewicz, Rochelle L.}, - title = {A Comparison of the Household Sector from the Flow - of Funds Accounts and the Survey of}, - institution = {Federal Reserve Board}, - year = 2000, - month = {October} -} - -@PHDTHESIS{arbatliThesis, - author = {Arbatli, Elif C.}, - title = {Persistence Of Income Shocks And The Intertemporal - Model Of The Current Account}, - school = {Johns Hopkins University}, - year = 2008, - month = {November} -} - -@ARTICLE{arifovic:stability, - author = {Arifovic, Jasmina}, - title = {Stability of Equilibria under Genetic Algorithm - Adaption: an Analysis}, - journal = {Macroeconomic Dynamics}, - year = 1998, - volume = 2, - pages = {1--21} -} - -@ARTICLE{arifovic:exchangerate, - author = {Arifovic, Jasmina}, - title = {The Behavior of the Exchange Rate in the Genetic - Algorithm and Experimental Economies}, - journal = {Journal of Political Economy}, - year = 1996, - volume = 104, - pages = {510--541} -} - -@ARTICLE{arifovic:inflation, - author = {Arifovic, Jasmina}, - title = {Genetic Algorithms and Inflationary Economies}, - journal = {Journal of Monetary Economics}, - year = 1995, - volume = 36, - pages = {219--243} -} - -@ARTICLE{arifovic:cobweb, - author = {Arifovic, Jasmina}, - title = {Genetic Algorithm Learning and the Cobweb Model}, - journal = {Journal of Economic Dynamics and Control}, - year = 1994, - volume = 18, - pages = {3--28} -} - -@ARTICLE{abd:transition, - author = {Arifovic, Jasmina and Bullard, James and Duffy, - John}, - title = {The Transition from Stagnation to Growth: An - Adaptive Learning Approach}, - journal = {Journal of Economic Growth}, - year = 1997, - volume = 2, - pages = {185--209} -} - -@BOOK{aristotleFallacies, - title = {On Sophistical Refutations}, - publisher = {The Wikipedia Foundation}, - year = {350 BC}, - author = {Aristotle} -} - -@TECHREPORT{aeh02, - author = {Arnold, Ivo and {van Els}, Peter and {de Haan}, - Jakob}, - title = {Wealth Effects and Monetary Policy}, - institution = {De Nederlandsche Bank}, - year = 2002, - type = {Research memorandum}, - number = 719 -} - -@TECHREPORT{muellbauerEtAl_assa09, - author = {Aron, Janine and Duca, John and Muellbauer, John and - Murata, Keiko and Murphy, Anthony}, - title = {Credit, Housing, Collateral and Consumption: - Evidence from the UK, Japan and the US}, - institution = {University of Oxford}, - year = 2008, - type = {mimeo} -} - -@TECHREPORT{AronEtAl:2010, - author = {Aron, Janie and Duca, John V. and Muellbauer, John - and Murata, Keiko and Murphy, Anthony}, - title = {Credit, Housing Collateral and Consumption: Evidence - from the UK, Japan and the US}, - institution = {Federal Reserve Bank of Dallas}, - year = 2010, - type = {Working Paper}, - number = 1002, - month = May -} - -@INCOLLECTION{arrow:applications, - author = {Arrow, Kenneth A.}, - title = {Applications of Control Theory to Economic Growth}, - booktitle = {Mathematics of the Decision Sciences, Part II}, - publisher = {American Mathematical Society}, - year = 1968, - address = {Providence, RI} -} - -@BOOK{arrow1971etr, - title = {{Essays in the Theory of Risk-Bearing}}, - publisher = {North-Holland}, - year = 1971, - author = {Arrow, Kenneth J.} -} - -@TECHREPORT{art05, - author = {Arthur, Stephan V.}, - title = {Obtaining Real Estate Data: Criteria, Difficulties - and Limitations}, - institution = {Bank for International Settlements}, - year = 2005, - type = {BIS papers}, - number = {21: Real Estate Indicators and Financial Stability} -} - -@ARTICLE{arthur:likehumans, - author = {Arthur, W. Brian}, - title = {On Designing Economic Agents That Behave Like Human - Agents}, - journal = {Journal of Evolutionary Economics}, - year = 1993, - volume = 3, - pages = {1--22} -} - -@INCOLLECTION{arthuretal:artificialstock, - author = {Arthur, W. Brian and Holland, John H. and LeBaron, - Blake and Palmer, Richard and Tayler, Paul}, - title = {Asset Pricing Under Endogenous Expectations in an - Artificial Stock Market}, - booktitle = {The Economy as an Evolving Complex System II}, - publisher = {Addison Wesley Longman}, - year = 1997, - editor = {Arthur, W. Brian and Durlauf, Steven N. and Lane, - David} -} - -@ARTICLE{ahlpt:artificial, - author = {Arthur, W. Brian and Holland, John H. and LeBaron, - Blake and Palmer, Richard and Tayler, Paul}, - title = {Asset Pricing Under Endogenous Expectations in an - Artifical Stock Market}, - journal = {Santa Fe Institute Working Paper}, - year = 1997 -} - -@ARTICLE{arthur&lane:contagion, - author = {Arthur, W. Brian and Lane, David A.}, - title = {Information Contagion}, - journal = {Economic Dynamics and Structural Change}, - year = 1993, - volume = 4, - pages = {81--104} -} - -@ARTICLE{aroubaBehaved, - author = {Aruoba, S.~Boragan}, - title = {Data Revisions Are Not Well Behaved}, - journal = {Journal of Money, Credit, and Banking}, - year = 2008, - volume = 40, - pages = {319--340}, - number = {2-3} -} - -@ARTICLE{akRiskSharing, - author = {Asdrubali, Pierfederico and Kim, Soyoung}, - title = {Dynamic Risksharing in the United States and Europe}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - pages = {809--836}, - note = {\\ - \url{http://dx.doi.org/10.1016/j.jmoneco.2003.09.002}}, - doi = {doi:10.1016/j.jmoneco.2003.09.002}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akRisksharing.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akRisksharing.pdf:PDF}, - url = {http://dx.doi.org/10.1016/j.jmoneco.2003.09.002} -} - -@ARTICLE{ASY:1996, - author = {Asdrubali, Pierfederico and Sorensen, Bent and - Yosha, Oved}, - title = {Channels of interstate risksharing: United States - 1963-1990}, - journal = {Quarterly Journal of Economics}, - year = 1996, - volume = 111, - pages = {1081--1110} -} - -@ARTICLE{Athanasoulis/Wincoop:2001, - author = {Athanasoulis, Stefano G. and van Wincoop, Eric}, - title = {Risk sharing within the United States: what do - financial markets and fiscal federalism accomplish}, - journal = {The Review of Economics and Statistics}, - year = 2001, - volume = 83, - pages = {688--698}, - number = 4 -} - -@ARTICLE{Athanasoulis/Wincoop:2000, - author = {Athanasoulis, Stefano G. and van Wincoop, Eric}, - title = {Growth uncertainty and risksharing}, - journal = {Journal of Monetary Economics}, - year = 2000, - volume = 45, - pages = {477--505} -} - -@ARTICLE{atkeson&ogaki:ies, - author = {Atkeson, Andrew and Ogaki, Masao}, - title = {Wealth-Varying Intertemporal Elasticities of - Substitution: Evidence from Panel and Aggregate - Data}, - journal = {Journal of Monetary Economics}, - year = 1996, - volume = 38, - pages = {507--534}, - number = 3 -} - -@BOOK{atkinson&stiglitz:pubecon, - title = {Lectures on Public Economics}, - publisher = {McGraw-Hill BOOK Company}, - year = 1980, - author = {{Atkinson, Anthony B.} and {Joseph E. Stiglitz}}, - address = {New York} -} - -@ARTICLE{Attanasio:2000, - author = {Attanasio, O.}, - title = {Consumer Durables and Inertial Behavior: Estimation - and Aggregation of (S,s) Rules for Automobile - Purchase}, - journal = {Review of Economic Studies}, - year = 2000, - volume = 67, - pages = {667--696}, - number = 4 -} - -@ARTICLE{AttanasioBanksMeghirWeber, - author = {Attanasio, O.P. and Banks, J. and Meghir, C. and - Weber, G.}, - title = {Humps and Bumps in Lifetime Consumption}, - journal = {Journal of Business and Economic Statistics}, - year = 1999, - volume = 17, - pages = {22--35}, - number = 1, - publisher = {JSTOR} -} - -@ARTICLE{abt02, - author = {Orazio Attanasio and James Banks and Sarah Tanner}, - title = {Asset Holding and Consumption Volatility}, - journal = JPE, - year = 2002, - volume = 110, - pages = {771--92}, - number = 4, - month = {August} -} - -@ARTICLE{abiReally, - author = {Attanasio, Orazio and Battistin, Erich and Ichimura, - Hidehiko}, - title = {What Really Happened to Consumption Inequality in - the US?}, - journal = {NBER Working Papers}, - year = 2004, - publisher = {National Bureau of Economic Research, Inc} -} - -@BOOK{attanasioCEvsNIPA, - title = {Inequality in Living Standards Since 1980: Evidence - from Expenditure Data}, - publisher = {American Enterprise Institute}, - year = 2010, - author = {Attanasio, Orazio and Battistin, Erich and Padula, - Mario}, - month = {May}, - bdsk-url-1 = - {http://www.homepages.ucl.ac.uk/~uctpjrt/Files/abp_rev_V.pdf}, - url = - {http://www.homepages.ucl.ac.uk/~uctpjrt/Files/abp_rev_V.pdf} -} - -@ARTICLE{abhlExpectations, - author = {Attanasio, Orazio and Blow, Laura and Hamilton, - Robert and Leicester, Andrew}, - title = {Consumption, House Prices, and Expectations}, - journal = {Bank of England Working Paper Number 271}, - year = 2008 -} - -@INCOLLECTION{ahpInequality, - author = {Attanasio, Orazio and Erik Hurst and Luigi - Pistaferri}, - title = {Measuring the Evolution of Inequality and Poverty - with the Consumer Expenditure Survey and Alternative - Data Sources}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {CRIW, University of Chicago Press}, - year = 2013, - note = {\\ \url{http://www.nber.org/papers/w17982}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahpInequality.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahpInequality.pdf:PDF} -} - -@ARTICLE{aps:sgi, - author = {Attanasio, Orazio and Picci, Lucio and Scorcu, - Antonello}, - title = {Saving, Growth, and Investment: A Macroeconomic - Analysis Using a Panel of Countries}, - journal = {Review of Economics and Statistics}, - year = 2000, - volume = 82, - number = 1, - month = May -} - -@ARTICLE{oAaV03, - author = {Orazio Attanasio and Annette Vissing-Jorgensen}, - title = {Stock Market Participation, Intertemporal - Subsititution and Risk Aversion}, - journal = AERPP, - year = 2003, - volume = 93, - pages = {383--91}, - number = 2, - month = {May} -} - -@ARTICLE{AttanasioEtAl:2009, - author = {Attanasio, Orazio P. and Blow, Laura and Hamilton, - Robert and Leicester, Andrew}, - title = {Booms and Busts: Consumption, House Prices and - Expectations}, - journal = {Economica}, - year = 2009, - volume = 76, - pages = {20--50}, - number = 301, - month = 02 -} - -@Article{adInsurance, - author = {Orazio Attanasio and Steven J. Davis}, - title = {Relative Wage Movements and the Distribution of Consumption}, - journal = {Journal of Political Economy}, - year = {1996}, - volume = {104}, - number = {6}, - pages = {1227--62}, - month = {December}, -} - -@ARTICLE{attanasio&pavoni:hidden, - author = {Attanasio, Orazio P. and Pavoni, Nicola}, - title = {Risk Sharing with Moral Hazard and Hidden Saving}, - journal = {Manuscript, University College London}, - year = 2005 -} - -@INCOLLECTION{akg:genaccts, - author = {Auerbach, Alan J. and Kotlikoff, Laurence J. and - Gokhale, Jagadeesh}, - title = {Generational Accounting: A Meaningful Alternative to - Deficit Accounting}, - booktitle = {Tax Policy and the Economy}, - publisher = {MIT Press}, - year = 1991, - editor = {Bradford, David}, - volume = 5, - address = {Cambridge, MA} -} - -@ARTICLE{aks:reform, - author = {Auerbach, Alan J. and Kotlikoff, Laurence J. and - Skinner, Jonathan S.}, - title = {The Efficiency Gains from Dynamic Tax Reform}, - journal = {International Economic Review}, - year = 1983, - volume = 24, - pages = {81--100} -} - -@BOOK{auerbach&kotlikoff:policy, - title = {Dynamic Fiscal Policy}, - publisher = {Cambridge University Press}, - year = 1987, - author = {{Auerbach, Alan J.} and {Laurence J. Kotlikoff}}, - address = {New York} -} - -@ARTICLE{auten&joulfaian:charitable, - author = {Auten, Gerald and Joulfaian, David}, - title = {Charitable Contributions and Intergenerational - Transfers}, - journal = {Journal of Public Economics}, - year = 1996, - volume = 59, - pages = {55--68}, - number = 1 -} - -@INCOLLECTION{benabou:inequality, - author = {B{\'}enabou, Roland}, - title = {Inequality and Growth}, - booktitle = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 1996, - editor = {Bernanke, Ben S. and Rotemberg, Julio J.}, - volume = 11, - pages = {11--74}, - address = {Cambridge, MA}, - journal = {National Bureau of Economic Research Macroeconomics - Annual} -} - -@INCOLLECTION{borsch-supan:retirement, - author = {B{\"}orsch-Supan, Axel}, - title = {Germany: A Social Security System on the Verge of - Collapse}, - booktitle = {Redesigning Social Security}, - publisher = {Institut f{\"}ur Weltwirtschaft an der - Universit{\"}at Kiel}, - year = 1998, - editor = {Seibert, Horst}, - address = {T{\"}ubingen : Mohr Siebeck} -} - -@ARTICLE{Backus:1992, - author = {Backus, David K. and Kehoe, Patrick J. and Kyland, - Finn E.}, - title = {International Real Business Cycles}, - journal = {The Journal of International Economics}, - year = 1998, - volume = 44, - pages = {289--313} -} - -@ARTICLE{bagwell&bernheim:sex, - author = {Bagwell, Kyle and Bernheim, B. Douglas}, - title = {Is Everything Neutral?}, - journal = {Journal of Political Economy}, - year = 1988, - volume = 96, - pages = {308--338}, - number = 2 -} - -@ARTICLE{blaDebt, - author = {Baily, Martin N. and Lund, Susan and Atkins, - Charles}, - title = {Will US Consumer Debt Reduction Cripple the - Recovery?}, - journal = {McKinsey Global Institute}, - year = 2009, - month = {April} -} - -@TECHREPORT{mckinseyC, - author = {Baily, Martin N. and Lund, Susan and Atkins, - Charles}, - title = {Will US Consumer Debt Reduction Cripple the - Recovery?}, - institution = {McKinsey Global Institute}, - year = 2009, - type = {report} -} - -@ARTICLE{bakshi&chen:spirit, - author = {Bakshi, Gurdip and Chen, Zhiwu}, - title = {The Spirit of Capitalism and Stock-Market Prices}, - journal = {American Economic Review}, - year = 1996, - volume = 86, - pages = {133--157}, - number = 1 -} - -@ARTICLE{ball:nearrationalQJE, - author = {Ball, Laurence}, - title = {Near-Rationality and Inflation in Two Monetary - Regimes}, - journal = {NBER Working Paper No. W7988}, - year = 2000, - month = {October} -} - -@ARTICLE{ball:credibilityregcite, - author = {Ball, Laurence}, - title = {Disinflation with Imperfect Credibility}, - journal = {Journal of Monetary Economics}, - year = 1995, - volume = {XXXV (1995)}, - pages = {5--23} -} - -@ARTICLE{bmr:phillips, - author = {Ball, Lawrence and Mankiw, N. Gregory and Romer, - David}, - title = {The New Keynesian Economics and the Output-Inflation - Tradeoff}, - journal = {Brookings Papers on Economic Activity}, - year = 1988, - volume = 1988, - pages = {1--65}, - number = 1 -} - -@ARTICLE{ball&moffitt:pty, - author = {Ball, Laurence and Moffitt, Robert}, - title = {Productivity Growth and the Phillips Curve}, - journal = {Johns Hopkins University Department of Economics - Working Paper Number 450}, - year = 2001, - month = {June} -} - -@ARTICLE{baro90, - author = {Laurence Ball and David Romer}, - title = {Real Rigidities and the Nonneutrality of Money}, - journal = {Review of Economic Studies}, - year = 1990, - volume = 57, - pages = {539--552}, - number = {April} -} - -@INPROCEEDINGS{Ball1994, - author = {Laurence M. Ball}, - title = {What Determines the Sacrifice Ratio?}, - booktitle = {Monetary Policy}, - year = 1994, - editor = {N. Gregory Mankiw}, - publisher = {University of Chicago Press} -} - -@BOOK{bal02, - title = {Econometrics}, - publisher = {Springer}, - year = 2002, - author = {Badi H. Baltagi}, - edition = {Third} -} - -@ARTICLE{barata&pacheco:monetarypolicy, - author = {Barata, Jos{\`}e M. and Pacheco, Luis M.}, - title = {Asset Prices and Monetary Policy: Wealth Effects on - Consumption}, - journal = {The 20th Symposium on Banking and Monetary Economics - Papers, University of Birmingham}, - year = 2003 -} - -@ARTICLE{barberaFight, - author = {Barbera, Robert J.}, - title = {If It Were a Fight, They Would Have Stopped It in - December of 2008}, - journal = {The Economists' Voice}, - year = 2010, - volume = 7, - pages = 3, - number = 2, - note = - {\url{http://EconPapers.repec.org/RePEc:bpj:evoice:v:7:y:2010:i:2:n:3}}, - abstract = {New classical economics should not be judged based - upon what theorists say today about the 2008-2009 - crisis, but instead by looking at what economists - like Casey Mulligan said as the crisis was - unfolding. Once scrutiny is given to what new - classical economics lead adherents believe in late - 2008, Robert Barbera wonders how any rational - thinker could continue to defend the framework.}, - keywords = {Holding Macroeconomic theories to task after - 2008-2009; new classical economics; the 2008-2009 - crisis; keynes; minsky}, - url = - {http://EconPapers.repec.org/RePEc:bpj:evoice:v:7:y:2010:i:2:n:3} -} - -@ARTICLE{bwTaylor, - author = {Barbera, Robert J. and Weise, Charles L.}, - title = {Minsky Meets Wicksell: Using the Wicksellian Model - to Understand the 21st Century Business Cycle}, - journal = {Manuscript, Gettysburg College}, - year = 2008, - note = {Available at - \url{http://www.gettysburg.edu/dotAsset/2104335.pdf}} -} - -@ARTICLE{barilan&blinder:doingnothing, - author = {Bar-Ilan, Avner and Blinder, Alan S.}, - title = {Consumer Durables: Evidence on the Optimality of - Usually Doing Nothing}, - journal = {Journal of Money, Credit, and Banking}, - year = 1992, - volume = 24, - pages = {258--272}, - number = 2 -} - -@ARTICLE{barroDisasters, - author = {Barro, Robert J.}, - title = {Rare Disasters and Asset Markets in the Twentieth - Century}, - journal = {Quarterly Journal of Economics}, - year = 2006, - volume = 121, - pages = {823--66}, - number = 3 -} - -@ARTICLE{barro:impatience, - author = {Barro, Robert J.}, - title = {Ramsey Meets Laibson in the Neoclassical Growth - Model}, - journal = {Forthcoming, Quarterly Journal of Economics}, - year = 1999 -} - -@ARTICLE{barro:growthqje, - author = {Barro, Robert J.}, - title = {Economic Growth in a Cross Section of Countries}, - journal = {Quarterly Journal of Economics}, - year = 1991, - volume = 106, - pages = {407--443} -} - -@ARTICLE{barro:bondsnetworth, - author = {Barro, Robert J.}, - title = {Are Government Bonds Net Worth?}, - journal = {Journal of Political Economy}, - year = 1974, - volume = 82, - pages = {1095--117} -} - -@BOOK{barro&salaimartin:book, - title = {Economic Growth}, - publisher = {McGraw-Hill}, - year = 1995, - author = {Barro, Robert J. and {Sala-i-Martin}, Xavier}, - address = {New York} -} - -@ARTICLE{barsky:fisher, - author = {Barsky, Robert B.}, - title = {The Fisher Hypothesis and the Forecastability and - Persistence of Inflation}, - journal = {Journal of Monetary Economics}, - year = 1987, - volume = 19, - pages = {3--24} -} - -@ARTICLE{bjksPreferences, - author = {Barsky, Robert B. and Juster, F. Thomas and Kimball, - Miles S. and Shapiro, Matthew D.}, - title = {Preference parameters and behavioral heterogeneity: - An experimental approach in the health and - retirement study*}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = 112, - pages = {537--579}, - number = 2, - note = {\url{http://www.jstor.org/stable/2951245}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bjksPreferences.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bjksPreferences.pdf:PDF}, - publisher = {MIT Press}, - url = {http://www.jstor.org/stable/2951245} -} - -@ARTICLE{barskymankiwzeldes:aer, - author = {Barsky, Robert B. and Mankiw, N.~Gregory and Zeldes, - Stephen P.}, - title = {Ricardian Consumers with Keynesian Propensities}, - journal = {American Economic Review}, - year = 1986, - volume = 76, - pages = {676--91}, - number = 4, - month = {September} -} - -@ARTICLE{barthCostsBeliefs, - author = {Barth, Daniel}, - title = {The Costs and Beliefs Implied by Direct Stock - Ownership}, - journal = {Manuscript, Department of Economics, Hamilton - College}, - year = 2013, - note = - {\url{http://people.hamilton.edu/documents/BarthDaniel_CostsBeliefs_RFS.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/barthCostsBeliefs.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/barthCostsBeliefs.pdf:PDF}, - url = - {http://people.hamilton.edu/documents/BarthDaniel_CostsBeliefs_RFS.pdf} -} - -@BOOK{bartlett:quotes, - title = {Familiar Quotations}, - publisher = {Little, Brown, and Company}, - year = 1980, - author = {Bartlett, John}, - address = {Boston}, - edition = 15, - note = {Edited by Emily Morison Beck} -} - -@ARTICLE{bk:InvestPlan, - author = {Basu, Susanto and Kimball, Miles S.}, - title = {Investment Planning Costs and the Effects of Fiscal - and Monetary Policy}, - journal = {Manuscript, U of Michigan}, - year = 2004 -} - -@ARTICLE{basuKimballLabor, - author = {Basu, Susanto and Kimball, Miles S.}, - title = {Long-Run Labor Supply and the Elasticity of - Intertemporal Substitution for Consumption}, - journal = {Manuscript, University of Michigan}, - year = 2000 -} - -@ARTICLE{blAsymptotics, - author = {Battycharya, R. N. and Lee, O.}, - title = {Asymptotics of a Class of Markov Processes Which Are - Not In General Irreducible}, - journal = {Annals of Probability}, - year = 1988, - volume = 16, - page = {1333--1347} -} - -@MISC{baxter:euler, - author = {Baxter, Marianne}, - title = {Approximating Suboptimal Dynamic Equilibria: An - Euler Equation Approach}, - howpublished = {University of Rochester Working Paper Number~139}, - year = 1988 -} - -@TECHREPORT{BayoumiEdison:2003, - author = {Bayoumi, Tamim and Edison, Hali}, - title = {Is Wealth Increasingly Driving Consumption}, - institution = {Netherlands Central Bank}, - year = 2003, - type = {DNB Staff Reports (discontinued)}, - number = 101 -} - -@ARTICLE{Bayoumi/Klein:1997, - author = {Bayoumi, Tamim and Klein, Michael W.}, - title = {A provinvial view of economic integration}, - journal = {IMF Working Paper}, - year = 1997, - number = {WP/97/41} -} - -@ARTICLE{bcjRiskPreferences, - author = {Beauchamp, Jonathan and Cesarini, David and - Johannesson, Magnus}, - title = {The Psychometric Properties of Measures of Risk - Preferences}, - journal = {Manuscript, Harvard University}, - year = 2011 -} - -@ARTICLE{bl02, - author = {Thorsten Beck and Ross Levine}, - title = {Industry Growth and Capital Allocation: Does Having - a Market- or Bank-Based System Matter?}, - journal = {Journal of Financial Economics}, - year = 2002, - volume = 4, - pages = {59--77}, - number = 2 -} - -@BOOK{becker:humcap, - title = {Human Capital: A Theoretical Analysis with Special - Reference to Education}, - publisher = {Columbia University Press for NBER}, - year = 1964, - author = {Becker, Gary}, - address = {New York} -} - -@ARTICLE{beckerWealth, - author = {Becker, Robert A. and Foias, C.}, - title = {A Characterization of Ramsey Equilibrium}, - journal = {Journal of Economic Theory}, - year = 1987, - volume = 41, - pages = {173--184}, - number = 1, - publisher = {Elsevier} -} - -@ARTICLE{bcj:wealtheffects, - author = {Benjamin, John D. and Chinloy, Peter and Jud, - G. Donald}, - title = {Consumption, Real Estate and Financial Wealth}, - journal = {Manuscript, University of North Carolina}, - year = 2003 -} - -@INCOLLECTION{porath:humcap2, - author = {Ben~Porath, Yoram}, - title = {The Production of Human Capital Over Time}, - booktitle = {Education, Income, and Human Capital}, - publisher = {National Bureau of Economic Research, Distributed by - Columbia University Press}, - year = 1970, - editor = {W.~L.~Hansen}, - address = {New York} -} - -@ARTICLE{porath:humcap, - author = {Ben~Porath, Yoram}, - title = {The Production of Human Capital and the Life Cycle - of Earnings}, - journal = {Journal of Political Economy}, - year = 1967, - volume = 75, - pages = {352--65}, - number = {supplement} -} - -@ARTICLE{bcLongRunRisk, - author = {Benzoni, Luca and Pierre Collin-Dufresne and Robert - S. Goldstein}, - title = {Portfolio Choice over the Life-Cycle when the Stock - and Labor Markets are Cointegrated}, - journal = {Journal of Finance}, - year = 2007, - volume = 62, - pages = {2123--2167}, - number = 5, - month = {Oct}, - note = - {\url{http://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.2007.01271.x/full}}, - doi = {DOI: 10.1111/j.1540-6261.2007.01271.x}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bcLongRunRisk.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bcLongRunRisk.pdf:PDF}, - url = - {http://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.2007.01271.x/full} -} - -@ARTICLE{bszHumK, - author = {Berk, Jonathan and Stanton, Richard and Zechner, - Josef}, - title = {Human Capital, Bankruptcy, and Capital Structure}, - journal = {Manuscript, Hass School of Business, Berkeley}, - year = 2009 -} - -@ARTICLE{Bernanke:savingglut, - author = {Bernanke, Ben}, - title = {The Global Saving Glut and the U.S.\ Current Account - Deficit}, - journal = {Remarks at the Sandridge Lecture, Virginia - Association of Economics, Richmond, Virginia}, - year = 2005, - volume = {March 10, 2005} -} - -@ARTICLE{bernanke&ferri&simon:flight, - author = {Bernanke, Benjamin and Ferrri, Giovanni and Simon, - Peter}, - title = {Is There a Flight to Quality in Consumer Lending?}, - journal = {Manuscript, Princeton University}, - year = 1997 -} - -@ARTICLE{bernanke&gertler&gilchrist:accellerator, - author = {Bernanke, Benjamin and Gertler, Mark and Gilchrist, - Simon}, - title = {The Financial Accellerator and the Flight to - Quality}, - journal = {Review of Economics and Statistics}, - year = 1996, - volume = 78, - pages = {1--15} -} - -@ARTICLE{bernankeGlut, - author = {Bernanke, Benjamin S.}, - title = {The Global Saving Glut and the U.S. Current Account - Deficit : A Speech at the Sandridge Lecture, - Virginia Association of Economics, Richmond, - Virginia, March 10, 2005 and the Homer Jones - Lecture, St.}, - journal = {Speech}, - year = 2005, - abstract = {No abstract is available for this item.}, - bdsk-url-1 = {http://ideas.repec.org/a/fip/fedgsq/y2005x19.html}, - keywords = {Balance of trade ; Budget deficits ; International - finance}, - url = {http://ideas.repec.org/a/fip/fedgsq/y2005x19.html} -} - -@ARTICLE{bernanke:adjcosts, - author = {Bernanke, Ben S.}, - title = {Adjustment Costs, Durables, and Aggregate - Consumption}, - journal = {Journal of Monetary Economics}, - year = 1985, - volume = 15, - pages = {41--68}, - number = 1 -} - -@ARTICLE{bernanke:liquidity, - author = {Bernanke, Ben S.}, - title = {Permanent Income, Liquidity, and Expenditure on - Automobiles: Evidence From Panel Data}, - journal = {Quarterly Journal of Economics}, - year = 1984, - volume = 99, - pages = {587--614}, - number = 3 -} - -@ARTICLE{bernanke:irreversible, - author = {Bernanke, Ben S.}, - title = {Irreversibility, Uncertainty, and Cyclical - Investment}, - journal = {Quarterly Journal of Economics}, - year = 1983, - volume = 98, - pages = {85--106}, - number = 1 -} - -@BOOK{blmp:infltarget, - title = {Inflation Targeting: Lessons from the International - Experience}, - publisher = {Princeton University Press}, - year = 1999, - author = {Bernanke, Ben S. and Laubach, Thomas and Mishkin, - Frederic S. and Posen, Adam S.}, - address = {Princeton, NJ} -} - -@ARTICLE{bernheim&garrett:education, - author = {Bernheim, B. Douglas and Garrett, Daniel M.}, - title = {The Determinants and Consequences of Financial - Education in the Workplace: Evidence From a Survey - of Households}, - journal = {NBER Working Paper No. 5667}, - year = 1996 -} - -@ARTICLE{bsw:variation, - author = {Bernheim, B. Douglas and Skinner, Jonathan and - Weinberg, Steven}, - title = {What Accounts for the Variation Retirement Wealth - Among US Households?}, - journal = {NBER Working Paper Number 6227}, - year = 1997 -} - -@INCOLLECTION{bernheim:literacy, - author = {Bernheim, Douglas}, - title = {Personal Saving, Information, and Economic Literacy: - New Directions for Public Policy}, - booktitle = {Tax Policiy for Economic Growth in the 1990s}, - publisher = {merican Council for Capital Formation}, - year = 1996, - pages = {53--78}, - address = {Washington, D.C.} -} - -@INCOLLECTION{b&s-m:usportfolios, - author = {Bertaut, Carol and Starr-McCluer, Martha}, - title = {Household Portfolios in the United States}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, - Tullio} -} - -@ARTICLE{bertaut:wealtheffects, - author = {Bertaut, Carol C.}, - title = {Equity Prices, Household Wealth, and Consumption - Growth in Foreign Industrial Countries: Wealth - Effects in the 1990s}, - journal = {Board of Governors of the Federal Reserve System - International Finance Discussion Papers 724}, - year = 2002 -} - -@ARTICLE{bertaut&haliassos:portfolio, - author = {Bertaut, Carol C. and Haliassos, Michael}, - title = {Precautionary portfolio behavior from a life-cycle - perspective}, - journal = {Journal of Economic Dynamics And Control}, - year = 1997, - volume = 21, - pages = {1511--1542}, - number = {8-9} -} - -@INCOLLECTION{bertola&caballero:kinks, - author = {Bertola, Guiseppe and Caballero, Ricardo J.}, - title = {Kinked Adjustment Costs and Aggregate Dynamics}, - booktitle = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 1990, - editor = {Blanchard, Olivier J. and Fischer, Stanley}, - pages = {237--288}, - address = {Cambridge, MA} -} - -@ARTICLE{bertola&caballero:irreversible, - author = {Bertola, Guiseppe and Caballero, Ricardo J.}, - title = {Irreversibility and Aggregate Investment}, - journal = {Review of Economic Studies}, - year = 1994, - volume = 61, - pages = {223--246}, - number = 2 -} - -@ARTICLE{bgp:durables, - author = {Bertola, Giuseppe and Guiso, Luigi and Pistaferri, - Luigi}, - title = {Uncertainty and Consumer Durables Adjustment}, - journal = {Review of Economic Studies}, - year = 2005, - volume = 72, - pages = {973--1007}, - number = 4, - bdsk-url-1 = - {http://www.blackwell-synergy.com/doi/abs/10.1111/%200034-6527.00358}, - bdsk-url-2 = {http://dx.doi.org/10.1111/0034-6527.00358}, - doi = {doi: 10.1111/0034-6527.00358}, - url = {http://www.blackwell-synergy.com/doi/abs/10.1111/ - 0034-6527.00358} -} - -@ARTICLE{bmTrickleDown, - author = {Bertrand, Marianne and Adair Morse}, - title = {Trickle Down Consumption}, - journal = {Manuscript, Chicago Booth School of Business}, - year = 2012, - file = - {/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/bmTrickleDown.pdf:/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/bmTrickleDown.pdf:PDF} -} - -@INCOLLECTION{besley:kink, - author = {Besley, Timothy}, - title = {Savings, Credit, and Insurance}, - booktitle = {Handbook of Development Economics, Volume III}, - publisher = {Elsevier}, - year = 1995, - editor = {Behrman, Jere and Srinivasan, T.N.}, - chapter = 36, - pages = {2123--2207} -} - -@TECHREPORT{bic06, - author = {Alena {Bi{\v}c{{\'}a}kov{{\'}a}}}, - title = {Market vs. Institutions: The Trade-off Between - Unemployment and Wage Inequality Revisited}, - institution = {European University Institute}, - year = 2006, - type = {Economics Working Papers}, - number = 31 -} - -@TECHREPORT{bss06, - author = {Alena {Bi{\v} c{{\'}a}kov{{\'}a}} and Jiri {Sla{\v} - c{{\'}a}lek} and Michal {Slav{\'}\i k}}, - title = {Fiscal Implications of Personal Tax Adjustments in - the {C}zech {R}epublic}, - institution = {Czech National Bank}, - year = 2006, - type = {working paper}, - number = 7 -} - -@ARTICLE{bhw:sociallearning, - author = {Bikhchandani, Sushil, David Hirshleifer and Welch, - Ivo}, - title = {Learning from the Behavior of Others: Conformity, - Fads, and Informational Cascades}, - journal = {Journal of Economic Perspectives}, - year = 1998, - volume = 12, - number = 3 -} - -@BOOK{billingsley:probability, - title = {Probability and Measure}, - publisher = {John Wiley and Sons}, - year = 1995, - author = {Billingsley, Patrick}, - edition = {3rd} -} - -@BOOK{billingsley:convergence, - title = {Convergence of Probability Measures}, - publisher = {John Wiley and Sons}, - year = 1968, - author = {Billingsley, Patrick} -} - -@ARTICLE{binmore&samuelson:muddling, - author = {Binmore, Ken and Samuelson, Larry}, - title = {Muddling Through: Noisy Equilibrium Selection}, - journal = {Journal of Economic Theory}, - year = 1997, - volume = 74, - pages = {235--65} -} - -@ARTICLE{bizer&judd:tax, - author = {{Bizer, David S.} and {Kenneth L. Judd}}, - title = {Taxation and Uncertainty}, - journal = {American Economic Review}, - year = 1989, - volume = 79, - pages = {331--336}, - number = 2 -} - -@INCOLLECTION{blairPCEweightedCPI, - author = {Blair, Caitlin}, - title = {Constructing a PCE-Weighted Consumer Price Index}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2013, - editor = {Carroll, Christopher D. and Thomas Crossley and John - Sabelhaus} -} - -@BOOK{blanchard&fischer:text, - title = {Lectures on Macroeconomics}, - publisher = {MIT Press}, - year = 1989, - author = {Blanchard, Olivier and Fischer, Stanley} -} - -@TECHREPORT{bg05, - author = {Olivier Blanchard and Jordi Gali}, - title = {Real Wage Rigidities and the New Keynesian Model}, - institution = {MIT}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{blanchard:cweak, - author = {Blanchard, Olivier J.}, - title = {What Caused the Last Recession? Consumption and the - Recession of 1990-1991}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {270--274}, - number = 2 -} - -@ARTICLE{blanchardFinite, - author = {Blanchard, Olivier J.}, - title = {Debt, Deficits, and Finite Horizons}, - journal = {Journal of Political Economy}, - year = 1985, - volume = 93, - pages = {223--247}, - number = 2, - month = {April} -} - -@ARTICLE{blanchard:burstingbubbles, - author = {Blanchard, Olivier J.}, - title = {Speculative Bubbles, Crashes, and Rational - Expectations}, - journal = {Economics Letters}, - year = 1989, - volume = 3, - pages = {387--389}, - note = - {\url{http://ideas.repec.org/a/eee/ecolet/v3y1979i4p387-389.html}}, - bdsk-url-1 = - {http://ideas.repec.org/a/eee/ecolet/v3y1979i4p387-389.html}, - url = - {http://ideas.repec.org/a/eee/ecolet/v3y1979i4p387-389.html} -} - -@ARTICLE{blanchardOutput, - author = {Blanchard, Olivier J.}, - title = {Output, the Stock Market, and Interest Rates}, - journal = {The American Economic Review}, - year = 1981, - volume = 71, - pages = {pp.132--143}, - number = 1, - bdsk-url-1 = {http://www.jstor.org/stable/1805045}, - copyright = {Copyright {\copyright} 1981 American Economic - Association}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={Mar., 1981}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/1805045} -} - -@ARTICLE{blanchflower&oswald:wellbeing, - author = {Blanchflower, David and Oswald, Andrew J.}, - title = {Well Being Over Time in Britain and the USA}, - journal = {Journal of Public Economics}, - year = 2004, - volume = 88, - pages = {1359--1386} -} - -@ARTICLE{blaukahn07, - author = {Francine D. Blau and Lawrence M. Kahn}, - title = {Changes in the Labor Supply Behavior of Married - Women: 1980--2000}, - journal = {Journal of Labor Economics}, - year = 2007, - pages = {393--438}, - number = 3, - vollume = 25 -} - -@TECHREPORT{blaukahn05, - author = {Francine D. Blau and Lawrence M. Kahn}, - title = {Changes in the Labor Supply Behavior of Married - Women: 1980--2000}, - institution = {National Bureau of Economic Research, Inc}, - year = 2005, - type = {NBER Working Papers}, - number = 11230, - month = Mar -} - -@BOOK{blinder:centbank, - title = {Central Banking in Theory and Practice}, - publisher = {MIT Press}, - year = 1998, - author = {Blinder, Alan S.}, - address = {Cambridge, MA} -} - -@ARTICLE{orphanides:terrorismjme, - author = {Blomberg, S. Brock and Hess, Gregory D. and - Orphanides, Athanasios}, - title = {The Macroeconomic Consequences of Terrorism}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - pages = {1007--1032}, - number = 5 -} - -@TECHREPORT{blzInvestment, - author = {Blomstr\"{o}m, M. and Lipsey, R.E. and Zejan, M.}, - title = {Is Fixed Investment the Key to Economic Growth?}, - year = 1996, - number = 1, - file = {elNotFactor.pdf:elNotFactor.pdf:PDF}, - journal = {The Quarterly Journal of Economics}, - pages = {269--276}, - publisher = {JSTOR}, - volume = 111 -} - -@article {bloomUncertainty, - author = {Bloom, Nicholas}, - title = {The Impact of Uncertainty Shocks}, - journal = {Econometrica}, - volume = 77, - number = 3, - publisher = {Blackwell Publishing Ltd}, - issn = {1468-0262}, - url = {http://dx.doi.org/10.3982/ECTA6248}, - doi = {10.3982/ECTA6248}, - pages = {623--685}, - keywords = {Adjustment costs, uncertainty, real options, labor - and investment}, - year = 2009, -} - -@ARTICLE{bloom&gunderson:canadian, - author = {Bloom, David and Gunderson, Morley}, - title = {An Analysis of the Earnings of Candian Immigrants}, - journal = {Manuscript, Columbia University}, - year = 1989 -} - -@ARTICLE{bloom2007uncertainty, - author = {Bloom, Nicholas and Bond, Stephen and Van Reenen, - John}, - title = {Uncertainty and investment dynamics}, - journal = {Review of Economic Studies}, - year = 2007, - volume = 74, - pages = {391--415}, - number = 2, - publisher = {Wiley Online Library} -} - -@INCOLLECTION{bllDemandSystem, - author = {Blow, Laura and Lechene, Valerie and Levell, Peter}, - title = {Using the CE to Model Household Demand}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2012 -} - -@TECHREPORT{blundellEtAl_LaborDynNorway, - author = {Richard Blundell and Michael Graber and Magne - Mogstad}, - title = {Labor Income Dynamics and the Insurance from Taxes, - Transfers, and the Family}, - institution = {University College London}, - year = 2013, - type = {mimeo} -} - -@ARTICLE{Blundell:2013tm, - author = {Blundell, Richard and Low, Hamish and Preston, Ian}, - title = {{Decomposing changes in income risk using - consumption data}}, - journal = {Quantitative Economics}, - year = 2013, - volume = 4, - pages = {1--37}, - number = 1, - date-added = {2013-04-07T23:20:30GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{Quantitative_Economics_2013_Blundell.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2013/Blundell/Quantitative_Economics_2013_Blundell.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2013/Blundell/Quantitative_Economics_2013_Blundell.pdf}, - rating = 0, - read = {Yes}, - uri = - {\url{papers2://publication/uuid/FC751DEE-B1A6-4446-988D-F7480C959163}}, - url = - {http://onlinelibrary.wiley.com/doi/10.3982/QE44/abstract} -} - -@INCOLLECTION{blundmac99, - author = {Blundell, Richard and MaCurdy, Thomas}, - title = {Labor supply: A review of alternative approaches}, - booktitle = {Handbook of Labor Economics}, - publisher = {Elsevier}, - year = 1999, - editor = {O. Ashenfelter and D. Card}, - volume = 3, - series = {Handbook of Labor Economics}, - chapter = 27, - pages = {1559--1695} -} - -@ARTICLE{blundell, - author = {Blundell, Richard and Pistaferri, Luigi and Preston, - Ian}, - title = {Consumption Inequality and Partial Insurance}, - journal = {Manuscript}, - year = 2008 -} - -@Article{chiuriJappelli_Homeownership, - author = {Chiuri, Maria Concetta and Jappelli, Tullio}, - title = {Financial Market Imperfections and Home Ownership: A - Comparative Study}, - journal = {European Economic Review}, - year = 2003, - volume = 47, - number = 5, - pages = {857--875}, - month = {October}, -} - - -@Article{bps:familyLaborS, - author={Richard Blundell and Luigi Pistaferri and Itay Saporta-Eksten}, - title={Consumption Inequality and Family Labor Supply}, - journal={American Economic Review}, - year=2016, - volume={106}, - number={2}, - pages={387--435}, - month={February}, - keywords={}, - doi={}, - abstract={We examine the link between wage and consumption inequality using a life-cycle model incorporating consumption and family labor supply decisions. We derive analytical expressions for the dynamics of consumption, hours, and earnings of two earners in the presence of correlated wage shocks, nonseparability, progressive taxation, and asset accumulation. The model is estimated using panel data for hours, earnings, assets, and consumption. We focus on family labor supply as an insurance mechanism and find strong evidence of smoothing of permanent wage shocks. Once family labor supply, assets, and taxes are properly accounted for there is little evidence of additional insurance. (JEL D12, D14, D91, J22, J31)}, - url={https://ideas.repec.org/a/aea/aecrev/v106y2016i2p387-435.html} -} - -@TECHREPORT{bps:familyLaborS_NBERWP, - author = {Richard Blundell and Luigi Pistaferri and Itay - Saporta-Eksten}, - title = {Consumption Inequality and Family Labor Supply}, - institution = {National Bureau of Economic Research, Inc}, - year = 2012, - type = {NBER Working Papers}, - number = 18445, - month = Oct, - abstract = {In this paper we examine the link between wage - inequality and consumption inequality using a life - cycle model that incorporates household consumption - and family labor supply decisions. We derive - analytical expressions based on approximations for - the dynamics of consumption, hours, and earnings of - two earners in the presence of correlated wage - shocks, non-separability and asset accumulation - decisions. We show how the model can be estimated - and identified using panel data for hours, earnings, - assets and consumption. We focus on the importance - of family labour supply as an insurance mechanism to - wage shocks and find strong evidence of smoothing of - males and females permanent shocks to wages. Once - family labor supply, assets and taxes are properly - accounted for their is little evidence of additional - insurance.}, - url = {http://ideas.repec.org/p/nbr/nberwo/18445.html} -} - -@ARTICLE{bpQJE, - author = {Blundell, Richard W. and Preston, Ian}, - title = {Consumption Inequality and Income Uncertainty}, - journal = {Quarterly Journal of Economics}, - year = 1998, - volume = 113, - pages = {603--640} -} - -@TECHREPORT{stressTest, - author = {{Board of Governors of the Federal Reserve System}}, - title = {The Supervisory Capital Assessment Program: Design - and Implementation}, - year = 2009, - type = {white paper}, - note = {Available at \url{ - http://www.federalreserve.gov/newsevents/press/bcreg/20090424a.htm}} -} - -@ARTICLE{bodkin:mpc, - author = {Bodkin, Ronald}, - title = {Windfall Income and Consumption}, - journal = {American Economic Review}, - year = 1959, - volume = 49, - pages = {602--614}, - number = 4, - month = {September} -} - -@ARTICLE{bcfHabits, - author = {Michele Boldrin and Lawrence J. Christiano and Jonas - D. Fisher}, - title = {Habit Persistence, Asset Returns and the Business - Cycle}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - pages = {149--66}, - number = 1 -} - -@ARTICLE{bdWontTell, - author = {Bollinger, C.R. and David, M.H.}, - title = {I Didn't Tell, And I Won't Tell: Dynamic Response - Error in the SIPP}, - journal = {Journal of Applied Econometrics}, - year = 2005, - volume = 20, - pages = {563--569}, - number = 4, - publisher = {Wiley Online Library} -} - -@ARTICLE{be05, - author = {Holger Bonin and Rob Euwals}, - title = {Participation Behavior of the {E}ast {G}erman Women - after {G}erman Unification}, - journal = {Applied Economics Quarterly}, - year = 2005, - volume = 51, - number = 4 -} - -@TECHREPORT{be02, - author = {Holger Bonin and Rob Euwals}, - title = {Participation Behavior of the {E}ast {G}erman Women - after {G}erman Unification}, - institution = {William Davidson Institute}, - year = 2002, - type = {working paper}, - number = 477 -} - -@ARTICLE{bgr:stockmarket, - author = {Boone, Laurence and Giorno, Claude and Richardson, - Pete}, - title = {Stock Market Fluctuations and Consumption Behavior: - Some Recent Evidence}, - journal = {OECD Economics Department Working Paper 208}, - year = 1998 -} - -@ARTICLE{booth:taxrevs, - author = {Booth, Mark}, - title = {Projecting Federal Tax Revenues and the Effect of - Changes in Tax Law}, - journal = {Congressional Budget Office}, - year = 1998 -} - -@INPROCEEDINGS{bor96, - author = {Claudio E. V. Borio}, - title = {Credit Characteristics and the Monetary Policy - Transmission in Fourteen Industrial Countries: - Facts, Conjectures and Some Econometric Evidence}, - booktitle = {Monetary Policy in a Converging Europe}, - year = 1996, - editor = {Alders and Koos}, - pages = {77--115}, - publisher = {MIT Press} -} - -@ARTICLE{boskinInterestElasticity, - author = {Boskin, Michael J.}, - title = {Taxation, Saving, and the Rate of Interest}, - journal = {The Journal of Political Economy}, - year = 1978, - pages = {3--27}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/boskinInterestElasticity.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/boskinInterestElasticity.pdf:PDF}, - publisher = {JSTOR} -} - -@ARTICLE{BosticEtAl:2009, - author = {Bostic, Raphael and Gabriel, Stuart and Painter, - Gary}, - title = {Housing Wealth, Financial Wealth, and Consumption: - New Evidence from Micro Data}, - journal = {Regional Science and Urban Economics}, - year = 2009, - volume = 39, - pages = {79--89} -} - -@BOOK{bosworth:global, - title = {Saving and Investment in a Global Economy}, - publisher = {The Brookings Institution}, - year = 1993, - author = {Bosworth, Barry}, - address = {Washington, DC} -} - -@ARTICLE{bbsMicro, - author = {Bosworth, Barry and Burtless, Gary and Sabelhaus, - John}, - title = {The Decline in Saving: Some Microeconomic Evidence}, - journal = {Brookings Papers on Economic Activity}, - year = 1991, - volume = 22, - pages = {183--256}, - number = {1991-1}, - bdsk-url-1 = - {http://ideas.repec.org/a/bin/bpeajo/v22y1991i1991-1p183-256.html}, - url = - {http://ideas.repec.org/a/bin/bpeajo/v22y1991i1991-1p183-256.html} -} - -@ARTICLE{blGenes, - author = {Bouchard, Thomas J. and Loehlin, John C.}, - title = {Genes, Evolution, and Personality}, - journal = {Behavior Genetics}, - year = 2001, - volume = 31, - pages = {243--273}, - number = 3, - note = - {\url{http://www.springerlink.com/content/qt0138g23w8720j1/fulltext.pdf}}, - abstract = {There is abundant evidence, some of it reviewed in - this paper, that personality traits are - substantially influenced by the genes. Much remains - to be understood about how and why this is the - case. We argue that placing the behavior genetics of - personality in the context of epidemiology, - evolutionary psychology, and neighboring - psychological domains such as interests and - attitudes should help lead to new insights. We - suggest that important methodological advances, such - as measuring traits from multiple viewpoints, using - large samples, and analyzing data by modern - multivariate techniques, have already led to major - changes in our view of such perennial puzzles as the - role of “unshared environment” in personality. In - the long run, but not yet, approaches via molecular - genetics and brain physiology may also make decisive - contributions to understanding the heritability of - personality traits. We conclude that the behavior - genetics of personality is alive and flourishing but - that there remains ample scope for new growth and - that much social science research is seriously - compromised if it does not incorporate genetic - variation in its explanatory models.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/blGenes.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/blGenes.pdf:PDF}, - publisher = {Springer}, - url = - {http://www.springerlink.com/content/qt0138g23w8720j1/fulltext.pdf} -} - -@TECHREPORT{bound89, - author = {John Bound and Charles Brown and Greg J. Duncan and - Willard L Rodgers}, - title = {Measurement Error In Cross-Sectional and - Longitudinal Labor Market Surveys: Results From Two - Validation Studies}, - institution = {National Bureau of Economic Research, Inc}, - year = 1989, - type = {NBER Working Papers}, - number = 2884 -} - -@ARTICLE{bound&jaeger&baker:disease, - author = {Bound, John and Jaeger, David A. and Baker, Regina}, - title = {The Cure Can Be Worse Than The Disease: A Cautionary - Tale Regarding Instrumental Variables}, - journal = {NBER Technical Working Paper No. 137}, - year = 1993 -} - -@ARTICLE{bound&krueger:measerr, - author = {Bound, John and Krueger, Alan B.}, - title = {The Extent of Measurement Error in Longitudinal - Earnings Data: Do Two Wrongs Make A Right?}, - journal = {Journal of Labor Economics}, - year = 1991, - volume = 9, - number = 1 -} - -@TECHREPORT{rockinst, - author = {Boyd, Donald J. and Dadayan, Lucy}, - title = {Sales Tax Decline in Late 2008 Was the Worst in 50 - Years}, - institution = {The Nelson A. Rockefeller Institute of Government}, - year = 2009, - type = {State Revenue Report}, - number = 75, - note = {Available at \url{ - http://www.rockinst.org/pdf/government_finance/state_revenue_report/2009-04-14-(75)-state_revenue_report_sales_tax_decline.pdf - }} -} - -@ARTICLE{boyd:weighted, - author = {Boyd, John H.}, - title = {A Weighted Contraction Mapping Theorem}, - journal = {Journal of Economic Theory}, - year = 1990, - volume = 6, - pages = {343--362} -} - -@ARTICLE{bcd:refinancing, - author = {Brady, Peter J. and Canner, Glenn and Maki, Dean}, - title = {The Effects of Recent Mortgage Refinancing}, - journal = {Federal Reserve Bulletin}, - year = 2000 -} - -@ARTICLE{bl98, - author = {Jason Bram and Sydney Ludvigson}, - title = {Does Consumer Confidence Forecast Household - Expenditure? A Sentiment Index Horse Race}, - journal = {FRBNY Economic Policy Review}, - year = 1998, - volume = 4, - pages = {59--77}, - number = 2 -} - -@ARTICLE{bra04, - author = {William A. Branch}, - title = {The Theory of Rationally Heterogeneous Expectations: - Evidence from Survey Data on Inflation Expectations}, - journal = {Economic Journal}, - year = 2004, - volume = 114, - pages = {592--621}, - number = 497 -} - -@ARTICLE{branchQJE:hetero, - author = {Branch, William A.}, - title = {The Theory of Rationally Heterogeneous Expectations: - Evidence from Survey Data on Inflation Expectations}, - journal = {Manuscript, Department of Economics, College of - William and Mary}, - year = 2001 -} - -@ARTICLE{bcf93, - author = {Braun, Philip A. and Constantinides, George M. and - Ferson, Wayne E.}, - title = {Time Nonseparability in Aggregate Consumption: - International Evidence}, - journal = {European Economic Review}, - year = 1993, - volume = 37, - pages = {897--920} -} - -@ARTICLE{Braun, - author = {Braun, Richard Anton and Li, Huiyu and Stachurski, - John}, - title = {Computing Densities and Expectations in Stochastic - Recursive Economies: Generalized Look-Ahead - Techniques}, - journal = {Manuscript}, - year = 2009 -} - -@MISC{BravConstantinidesGeczy:1999, - author = {Brav, Alon and Constantinides, George M. and Geczy, - Christopher C.}, - title = {Asset Pricing with Heterogeneous Consumers and - Limited Participation: Empirical Evidence}, - howpublished = {Rodney L. White Center for Financial Research - working paper}, - month = {October}, - year = 1999 -} - -@TECHREPORT{bt96, - author = {Flint Brayton and Peter Tinsley}, - title = {A Guide to FRB/US: A Macroeconomic Model of the - United States}, - institution = {Federal Reserve Board}, - year = 1996, - type = {FEDS working paper}, - number = 42 -} - -@ARTICLE{brockmirman:growth, - author = {Brock, William and Mirman, Leonard}, - title = {Optimal Economic Growth and Uncertainty: The - Discounted Case}, - journal = {Journal of Economic Theory}, - year = 1972, - volume = 4, - pages = {479--513}, - number = 3, - month = {June} -} - -@TECHREPORT{bhHousingDepression, - author = {Michael Brocker and Christopher Hanes}, - title = {The 1920s American Real Estate Boom and the Downturn - of the Great Depression: Evidence from City Cross - Sections}, - institution = {National Bureau of Economic Research}, - year = 2013, - type = {Working Paper}, - number = 18852, - month = {February}, - abstract = {In the 1929-1933 downturn of the Great Depression, - house values and homeownership rates fell more, and - mortgage foreclosure rates were higher, in cities - that had experienced relatively high rates of house - construction in the residential real-estate boom of - the mid-1920s. Across the 1920s, boom cities had - seen the biggest increases in house values and - homeownership rates. These patterns suggest that the - mid-1920s boom contributed to the depth of the Great - Depression through wealth and financial effects of - falling house values. Also, they are very similar to - cross-sectional patterns across metro areas around - 2006.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bhHousingDepression.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bhHousingDepression.pdf:PDF}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18852} -} - -@article{bpStim, - author = {Christian Broda and Jonathan A. Parker}, - title = {The Economic Stimulus Payments of 2008 and the - Aggregate Demand for Consumption}, - journal = {Journal of Monetary Economics}, - year = {2014}, - volume = {68}, - pages = {S20--S36}, -} - -@UNPUBLISHED{br2009, - author = {Christian Broda and John Romalis}, - title = {The Welfare Implications of Rising Price Dispersion}, - note = {Manuscript, University of Chicago}, - month = {July}, - year = {2009} -} - -@ARTICLE{brown&light:tenure, - author = {Brown, James N. and Light, Audrey}, - title = {Interpreting Panel Data on Job Tenure}, - journal = {Journal of Labor Economics}, - year = 1992, - volume = 10, - pages = {219--257}, - number = 3 -} - -@TECHREPORT{BrownEtAl:2010, - author = {Brown, Meta and Haughwout, Andrew and Lee, Donghoon - and van der Klaau, Wilbert}, - title = {The Financial Crisis at the Kitchen Table: Trends in - Household Debt and Credi}, - institution = {Federal Reserve Bank of New York}, - year = 2010, - type = {Staff Reports}, - number = 480, - month = {December} -} - -@ARTICLE{browning&crossley:lifecycle, - author = {Browning, Martin and Crossley, Thomas F.}, - title = {The Life-Cycle Model of Consumption and Savings}, - journal = {Journal of Economic Perspectives}, - year = 2001, - volume = 15, - pages = {3--22}, - number = 3 -} - -@ARTICLE{blImputing, - author = {Browning, Martin and Leth-Petersen, Søren}, - title = {Imputing Consumption from Income and Wealth - Information}, - journal = {The Economic Journal}, - year = 2003, - volume = 113, - pages = {pp. F282-F301}, - number = 488, - abstract = {We investigate the feasibility of deriving a measure - of total expenditure at the household level from - administrative micro-data on income and wealth. We - use Danish administrative data that provides - measures of disposable income and the holding of - different assets at the end of the year. The ability - to link the households in the 1994-6 Danish - Expenditure Survey to their administrative data for - the years around the survey year offers a unique - possibility for constructing a measure of total - expenditure and of checking directly on the - reliability of the imputation. The results are - promising.}, - copyright = {Copyright © 2003 Royal Economic Society}, - issn = 00130133, - jstor_articletype ={research-article}, - jstor_formatteddate ={Jun., 2003}, - jstor_issuetitle ={Features}, - language = {English}, - publisher = {Wiley on behalf of the Royal Economic Society}, - url = {http://www.jstor.org/stable/3590202} -} - -@INCOLLECTION{bhh:micromacro, - author = {Browning, Martin J. and Hansen, Lars P. and Heckman, - James J.}, - title = {Micro Data and General Equilibrium Models}, - booktitle = {Handbook of Macroeconomics}, - publisher = {North Holland}, - year = 1999, - editor = {Taylor, John and Woodford, Michael} -} - -@ARTICLE{browning&lusardi:jel, - author = {Browning, Martin J. and Lusardi, Annamaria}, - title = {Household Saving: Micro Theories and Micro Facts}, - journal = {Journal of Economic Literature}, - year = 1996, - volume = 34, - pages = {1797--855}, - number = 4 -} - -@ARTICLE{browning&burbridge:captax, - author = {{Browning, Martin} and {J. Burbridge}}, - title = {Consumption and Income Taxation}, - journal = {Oxford Economic Papers}, - year = 1990, - volume = 42, - pages = {281--292}, - number = 1 -} - -@INCOLLECTION{brownlee:historical, - author = {Brownlee, W. Elliot}, - title = {Historical Perspectives on U.S. Tax Policy Toward - the Rich}, - booktitle = {Does Atlas Shrug? The Economic Consequences of - Taxing the Rich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.} -} - -@ARTICLE{bryan&gavin:inflsurv, - author = {Bryan, Michael F. and Gavin, William T.}, - title = {Models of Inflation Expectations Formation: A - Comparison of Household and Economist Forecasts}, - journal = {Journal of Money, Credit, and Banking}, - year = 1986, - volume = 18, - pages = {539--43}, - month = {November} -} - -@ARTICLE{bg97, - author = {Robert M. Buckley and Eugene N. Gurenko}, - title = {Housing and Income Distribution in Russia: Zhivago's - Legacy}, - journal = {The World Bank Research Observer}, - year = 1997, - volume = 12, - pages = {19--32}, - number = 1 -} - -@MISC{bull:opttax, - author = {Bull, Nicholas}, - title = {When All the Optimal Dynamic Taxes are Zero}, - howpublished = {Board of Governors of the Federal Reserve System - Economic Activity Section Working Paper Series - \#137}, - year = 1993 -} - -@PHDTHESIS{bull:thesis, - author = {Bull, Nicholas}, - title = {Optimal Taxation in an Endogenous Growth Model with - Human Capital}, - school = {University of Minnesota}, - year = 1992 -} - -@BOOK{BLS2009, - title = {2008 Consumer Expenditure Interview Survey Public - Use Microdata User's Documentation}, - publisher = {Division of Consumer Expenditure Surveys, BLS, - U.S. Department of Labor}, - year = 2009, - author = {{Bureau~of~Labor~Statistics}}, - month = {October 15} -} - -@MISC{blsGemini, - author = {{Bureau{~}of{~}Labor{~}Statistics}}, - title = {Consumer Expenditure Survey (CE) Gemini Project}, - year = 2011, - bdsk-url-1 = {http://www.bls.gov/cex/geminiproject.htm}, - url = {http://www.bls.gov/cex/geminiproject.htm} -} - -@TECHREPORT{bea06, - author = {{Bureau of Economic Analysis}}, - title = {Updated Summary NIPA Methodologies}, - year = 2006, - type = {{Survey of Current Business, November}}, - note = {available at - {\url{http://www.bea.gov/scb/pdf/2006/11November/1106_nipa_method.pdf}}} -} - -@ARTICLE{byrne&davis:wealtheffects, - author = {Byrne, Joseph and Davis, Phillip}, - title = {Disaggregate Wealth and Aggregate Consumption: An - Investigation of Empirical Relationships for the G7}, - journal = {Manuscript, Brunel University}, - year = 2001 -} - -@ARTICLE{caballero&engel&haltiwanger:agginvdyn, - author = {Caballero, Ricardo and Engel, Eduardo and - Haltiwanger, John}, - title = {Plant-Level Adjustment and Aggregate Investment - Dynamics}, - journal = {Brookings Papers on Economic Activity, 1995:2}, - year = 1995, - pages = {1--39} -} - -@ARTICLE{caballero:slow, - author = {Caballero, Ricardo J.}, - title = {Durable Goods: An Explanation for Their Slow - Adjustment}, - journal = {Journal of Political Economy}, - year = 1993, - volume = 101, - pages = {351--384}, - number = 2 -} - -@ARTICLE{caballero:aer, - author = {Caballero, Ricardo J.}, - title = {Earnings Uncertainty and Aggregate Wealth - Accumulation}, - journal = {American Economic Review}, - year = 1991, - volume = 81, - pages = {859--871} -} - -@Article{caballero:jme, - Title = {Consumption Puzzles and Precautionary Savings}, - Author = {Caballero, Ricardo J.}, - Journal = {Journal of Monetary Economics}, - Year = 1990, - Note = - {\url{http://ideas.repec.org/p/clu/wpaper/1988_05.html}}, - Pages = {113-136}, - Volume = 25, - Owner = {Nic Johnson}, - Url = - {http://ideas.repec.org/a/eee/moneco/v25y1990i1p113-136.html} -} - -@ARTICLE{caballero&engel:dynamics, - author = {Caballero, Ricardo J. and Engel, Eduardo M. R. A.}, - title = {Explaining Investment Dynamics in - U.S. Manufacturing: A Generalized (S,s) Approach}, - journal = {NBER Working Paper No. 4887}, - year = 1994 -} - -@ARTICLE{cfg:globimbalances, - author = {Caballero, Ricardo J. and Farhi, Emmanuel and - Gourinchas, Pierre-Olivier}, - title = {An Equilibrium Model of {"}Global Imbalances{"} and - Low Interest Rates}, - journal = {American Economic Review}, - year = 2008, - volume = 98, - pages = {358--388}, - number = 1 -} - -@ARTICLE{cagettiInterestElasticity, - author = {Cagetti, Marco}, - title = {Interest Elasticity in a Life-Cycle Model with - Precautionary Savings}, - journal = {The American Economic Review}, - year = 2001, - volume = 91, - pages = {pp.418--421}, - number = 2, - copyright = {Copyright © 2001 American Economic Association}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={May, 2001}, - jstor_issuetitle ={Papers and Proceedings of the Hundred Thirteenth - Annual Meeting of the American Economic Association}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2677800} -} - -@ARTICLE{cjStableEfficient, - author = {Cai, Y. and Judd, Kenneth L.}, - title = {Stable and Efficient Computational Methods for - Dynamic Programming}, - journal = {Journal of the European Economic Association}, - year = 2010, - volume = 8, - pages = {626--634}, - number = {2-3}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cjStableEfficient.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/stableEfficient.pdf:PDF}, - publisher = {Wiley Online Library} -} - -@ARTICLE{calvoPrices, - author = {Calvo, Guillermo A.}, - title = {Staggered Contracts in a Utility-Maximizing - Framework}, - journal = {Journal of Monetary Economics}, - year = 1983, - volume = 12, - pages = {383--98}, - number = 3 -} - -@INCOLLECTION{camererMindful, - author = {Camerer, Colin}, - title = {The Case for Mindful Economics}, - booktitle = {The Foundations of Positive and Normative Economics: - A Handbook}, - publisher = {Oxford University Press, USA}, - year = 2010, - series = {The Handbooks in Economic Methodologies}, - note = - {\url{http://www2.e.u-tokyo.ac.jp/cemano/research/DRSS/documents/microCOE0806.pdf}}, - editors = {Caplin, A. and Schotter, A.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/camererMindful.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/camererMindful.pdf:PDF}, - isbn = 9780199744855, - lccn = 2009049206, - url = - {http://www2.e.u-tokyo.ac.jp/cemano/research/DRSS/documents/microCOE0806.pdf} -} - -@ARTICLE{chDebt, - author = {Campbell, Jeffrey R. and Hercowitz, Zvi}, - title = {Welfare Implications of the Transition to High - Household Debt}, - journal = {Journal of Monetary Economics}, - year = 2009, - volume = 56, - pages = {1--16}, - number = 1, - month = {January}, - url = - {http://ideas.repec.org/a/eee/moneco/v56y2009i1p1-16.html} -} - -@TECHREPORT{campbellMechanism, - author = {Campbell, John Y.}, - title = {Inspecting the Mechanism: An Analytical Approach to - the Stochastic Growth Model}, - institution = {National Bureau of Economic Research, Inc}, - year = 1992, - type = {NBER Working Papers}, - number = 4188, - month = Oct, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/4188.html}, - url = {http://ideas.repec.org/p/nbr/nberwo/4188.html} -} - - -@ARTICLE{campbellRainyDay, - author = {Campbell, John Y.}, - title = {Does Saving Anticipate Declining Labor Income? An - Alternative Test of the Permanent Income Hypothesis}, - journal = {Econometrica}, - year = 1987, - volume = 55, - pages = {1249--73}, - note = {\\ \url{http://www.jstor.org/stable/1913556}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/campbellRainyDay.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/campbellRainyDay.pdf:PDF}, - url = {http://www.jstor.org/stable/1913556} -} - -@ARTICLE{cc99, - author = {John Y. Campbell and John H. Cochrane}, - title = {By Force of Habit: A Consumption-Based Explanation - of Aggregate Stock Market Behavior}, - journal = {Journal of Political Economy}, - year = 1999, - volume = 107, - pages = {205--51}, - number = 2 -} - -@INCOLLECTION{Campbell/Makiw:1989, - author = {Campbell, John Y. and Mankiw, Gregory N.}, - title = {Consumption, Income and Interest Rates: - Reinterpreting the Time Series Evidence}, - booktitle = {NBER macroeconomics annual}, - publisher = {MIT Press}, - year = 1989, - editor = {Blanchard, Olivier Jean and Fischer, Stanley}, - pages = {185--216}, - address = {Cambridge, MA} -} - -@INPROCEEDINGS{cmRuleOfThumb, - author = {John Y. Campbell and N. Gregory Mankiw}, - title = {Consumption, Income and Interest Rates: - Reinterpreting the Time Series Evidence}, - booktitle = {NBER Macroeconomics Annual}, - year = 1989, - editor = {Olivier J. Blanchard and Stanley Fischer}, - address = {Cambridge, MA}, - publisher = {MIT Press} -} - -@InCollection{cmModel, - Title = {Consumption, Income, and Interest Rates: - Reinterpreting the Time-Series Evidence}, - Author = {Campbell, John Y. and Mankiw, N. Gregory}, - Booktitle = {NBER Macroeconomics Annual, 1989}, - Publisher = {MIT Press}, - Year = 1989, - Address = {Cambridge, MA}, - Editor = {Blanchard, Olivier J. and Fischer, Stanley}, - Note = {\url{http://www.nber.org/papers/w2924.pdf}}, - Pages = {185--216}, - Owner = {Nic Johnson}, - Url = {http://www.nber.org/papers/w2924.pdf} -} - -@ARTICLE{cmRuleOfThumbIntl, - author = {Campbell, John Y. and Mankiw, N. Gregory}, - title = {The Response of Consumption to Income: A - Cross-Country Investigation}, - journal = {European Economic Review}, - year = 1991, - volume = 35, - number = 4, - pages = {723--67} -} - -@ARTICLE{campbell&shiller:longrun, - author = {Campbell, John Y. and Shiller, Robert J.}, - title = {Valuation Ratios and the Long-Run Stock Market - Outlook}, - journal = {Journal of Portfolio Management}, - year = 1998, - volume = 24, - pages = {11--26} -} - -@BOOK{cvAppendix, - title = {Appendix to `Strategic Asset Allocation: Portfolio - Choice for Long-Term Investors'}, - publisher = {Oxford University Press, USA}, - year = 2002, - author = {Campbell, John Y. and Viceira, Luis M.}, - note = {Available on 2011/01/22 at - \href{http://kuznets.fas.harvard.edu/~campbell/papers/bookapp.pdf}{\texttt{h% - ttp://kuznets.fas.harvard.edu/$\sim$campbell/papers/bookapp.pdf}}}, - bdsk-url-1 = - {http://kuznets.fas.harvard.edu/~campbell/papers/%20bookapp.pdf}, - isbn = 0198296940, - url = {http://kuznets.fas.harvard.edu/~campbell/papers/ - bookapp.pdf} -} - -@ARTICLE{campbell&cochrane:force, - author = {{Campbell, John Y.} and Cochrane, John H.}, - title = {By Force of Habit: A Consumption-Based Explanation - of Aggregate Stock Market Behavior}, - journal = {Journal of Political Economy}, - year = 1999, - volume = 107, - pages = {205--251}, - number = 2, - month = {April} -} - -@ARTICLE{cdp:refinancing, - author = {Canner, Glenn and Dynan, Karen and Passmore, Wayne}, - title = {Mortgage Refinancing in 2001 and Early 2002}, - journal = {Federal Reserve Bulletin}, - year = 2002, - volume = 88, - pages = {469--481S} -} - -@ARTICLE{caplin:aggdemand, - author = {Capli, Andrew S.}, - title = {The Variability of Aggregate Demand With (S,s) - Inventory Policies}, - journal = {Econometrica}, - year = 1985, - volume = 53, - pages = {1395--1409}, - number = 6 -} - -@ARTICLE{caplin&leahy:socialdiscount, - author = {Caplin, Andrew and Leahy, John}, - title = {The Social Discount Rate}, - journal = {Manuscript, Boston University}, - year = 1999 -} - -@ARTICLE{caplin&leahy:durables, - author = {Caplin, Andrew and Leahy, John}, - title = {Durable Goods Cycles}, - journal = {Manuscript, Boston University}, - year = 1997 -} - -@INCOLLECTION{CardarelliEtAl:2008, - author = {Cardarelli, Roberto and Igan, Deniz and Rebucci, - Alessandro}, - title = {The Changing Housing Cycle and the Implications for - Monetary Policy}, - booktitle = {World Economic Outlook}, - publisher = {Washington: International Monetary Fund}, - year = 2008, - chapter = 3 -} - -@TECHREPORT{cir08, - author = {Roberto Cardarelli and Deniz Igan and Alessandro - Rebucci}, - title = {The Changing Housing Cycle and the Implications for - Monetary Policy}, - institution = {International Monetary Fund, April}, - year = 2008, - type = {{World Economic Outlook, 103--133}} -} - -@ARTICLE{cll05, - author = {Raquel Carrasco and Jos{\'}{e} M. Labeaga and - J. David L{\'}{o}pez-Salido}, - title = {Consumption and Habits: Evidence from Panel Data}, - journal = {Economic Journal}, - year = 2005, - volume = 115, - pages = {144--165}, - number = 500 -} - -@ARTICLE{cll:habits, - author = {Carrasco, Raquel and Labeaga, Jos\`{e} M. and - L\`opez-Salido, J. David}, - title = {Consumption and Habits: Evidence from Panel Data}, - journal = {Economic Journal}, - year = 2005, - volume = 115, - pages = {144--165}, - number = 500, - note = {available at \url{http://ideas.repec.org/a/ecj/econjl/v115y2005i500p144-165.html}} -} - -@ARTICLE{carrington:wagelosses, - author = {Carrington, William J.}, - title = {Wage Losses for Displaced Workers}, - journal = {Journal of Human Resources}, - year = 1993, - volume = {XXVIII}, - pages = {435--62}, - number = 3 -} - -@ARTICLE{socialBufferStock, - author = {Carroll, Christopher}, - title = {Social Learning and Buffer Stock Saving}, - journal = {Ongoing research project}, - year = 2008 -} - -@BOOK{ccsCE, - title = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = {Forthcoming (2014)}, - author = {Christopher Carroll and Thomas Crossley and John - Sabelhaus}, - institution = {National Bureau of Economic Research}, - type = {Book}, -} - -@INCOLLECTION{carroll:epidemicinflSFI, - author = {Carroll, Christopher D.}, - title = {The {E}pidemiology of {M}acroeconomic - {E}xpectations}, - booktitle = {The Economy as an Evolving Complex System, III}, - publisher = {Oxford University Press}, - year = 2006, - editor = {Blume, Larry and Durlauf, Steven}, - note = {\href{http://econ.jhu.edu/people/ccarroll/epidemiologySFI.pdf}{[PDF]},\href{http://econ.jhu.edu/people/ccarroll/Epidemiology.zip}{[Code]}}, - url = {http://econ.jhu.edu/people/ccarroll/epidemiologySFI.pdf} -} - -@INPROCEEDINGS{discussgw, - author = {Carroll, Christopher D.}, - title = {Discussion of `Macroeconomic Derivatives: An Initial - Analysis of Market-Based Macro Forecasts, - Uncertainty, and Risk' by Gurkaynak and Wolfers}, - booktitle = {NBER International Seminar on Macroeconomics}, - year = 2005, - editor = {Frankel, Jeffrey B.}, - publisher = {MIT Press}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/discuss/ISOM/gw/2005-06.zip}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/discuss/ISOM/gw/2005-06.zip}, - url = - {http://econ.jhu.edu/people/ccarroll/discuss/ISOM/gw/2005-06.zip} -} - -@INPROCEEDINGS{cdc:discussdk, - author = {Carroll, Christopher D.}, - title = {Discussion of `{T}he {R}ise in {U}.{S}.\ {H}ousehold - {I}ndebtedness: {C}auses and {C}onsequences'}, - booktitle = {Financial Stability and the Economic System - (Proceedings of a Conference at the Reserve Bank of - Australia, August 22, 2007)}, - year = 2007, - editor = {Kent, Christopher}, - note = - {\url{http://www.rba.gov.au/PublicationsAndResearch/Conferences/2007/Dynan_Kohn_disc.pdf}}, - bdsk-url-1 = - {http://www.rba.gov.au/PublicationsAndResearch/Conferences/2007/Dynan_Kohn_disc.pdf}, - url = - {http://www.rba.gov.au/PublicationsAndResearch/Conferences/2007/Dynan_Kohn_disc.pdf} -} - -@INPROCEEDINGS{msClunkersDiscuss, - author = {Carroll, Christopher D.}, - title = {Discussion of ``The Effects of Fiscal Stimulus: - Evidence from the 2009 `Cash for Clunkers' - Program''}, - booktitle = {Monetary Economics Meetings, Fall 2010}, - year = 2010, - editor = {Romer, David and Shapiro, Matthew}, - institution = {National Bureau of Economic Research}, - type = {Discussion} -} - -@ARTICLE{When-FHWC-Holds, - author = {Carroll, Christopher D.}, - year = {Ongoing}, - title = {Mathematica Notebook Illustrating Target Wealth In Cases Where FHWC-TBS Fails}, - journal = {./Code/Mathematica/Examples/ManipulateParameters/When-FHWC-Holds.nb}, - url = {http://econ.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.zip}, - note = {Download \href{http://econ.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.zip}{archive} and open Mathematica notebook} -} - -@ARTICLE{CRRA-RateRisk, - author = {Carroll, Christopher D.}, - title = {The Merton-Samuelson Model}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/assetpricing/CRRA-RateRisk/}, - url = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/AssetPricing/CRRA-RateRisk/} -} - -@INPROGRESS{carroll:learning, - author = {Carroll, Christopher D.}, - title = {Learning About Intertemporal Choice}, - year = {ongoing}, - journal = {Work in Progress} -} - -@INPROGRESS{carroll:stickycons, - author = {Carroll, Christopher D.}, - title = {Sluggish Consumption and Sticky Expectations}, - year = {ongoing}, - journal = {Work in Progress} -} - -@article{RepresentingWithoutRA-0-CFS, - author={Carroll, Christopher D.}, - title={Representing Consumption and Saving Without a Representative Consumer}, - year=2014, - institution={Center for Financial Studies (CFS)}, - journal={CFS Working Paper Series}, - url={http://ideas.repec.org/p/zbw/cfswop/464.html}, - note={At \url{http://ideas.repec.org/p/zbw/cfswop/464.html}}, - volume={464}, - abstract={The Great Recession confirmed a bedrock principle of modern consumption theory: It is impossible to explain aggregate spending behavior without knowledge of the underlying microeconomic distribution of circumstances and choices across households. National accounting frameworks therefore need to be augmented by \"bottom up\" measures that both (a) capture the microeconomic heterogeneity (in expenditures, income, assets, debt, and beliefs) in the population and (b) sum up to statistics that have a recognizable relationship to the aggregate totals that are already reasonably well measured.}, - keywords={National Accounting; Inequality; Distribution}, -} - -@INCOLLECTION{RepresentingWithoutRA, - author = {Christopher D. Carroll}, - title = {Representing Consumption and Saving Without a - Representative Consumer}, - booktitle = {Measuring Economic Sustainability and Progress}, - publisher = {University of Chicago Press}, - year = 2014, - series = {NBER-CRIW Studies in Income and Wealth}, - note = {At \url{http://econ.jhu.edu/people/ccarroll/papers/RepresentingWithoutRA/}}, - editors = {Dale W.\ Jorgenson and J.\ Steven Landefeld and Paul - Schreyer}, - url = {http://ideas.repec.org/h/nbr/nberch/12824.html}, - abstract={The Great Recession confirmed a bedrock principle of modern consumption theory: It is impossible to explain aggregate spending behavior without knowledge of the underlying microeconomic distribution of circumstances and choices across households. National accounting frameworks therefore need to be augmented by \"bottom up\" measures that both (a) capture the microeconomic heterogeneity (in expenditures, income, assets, debt, and beliefs) in the population and (b) sum up to statistics that have a recognizable relationship to the aggregate totals that are already reasonably well measured.}, -} - -@MISC{MathFacts, - author = {Carroll, Christopher D.}, - title = {Math Facts Useful for Graduate Macroeconomics}, - howpublished = {Online Lecture Notes}, - year = {Current}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/public/lecturenotes/mathfacts/}, - url = - {http://econ.jhu.edu/people/ccarroll/public/lecturenotes/mathfacts/} -} - -@ARTICLE{carroll:nexus, - author = {Carroll, Christopher D.}, - title = {Habits, Precautionary Saving, and the Growth-Saving Nexus}, - journal = {Unpublished Manuscript, Johns Hopkins University}, - year = {{{2000} } - -@article{carroll:nexusinprogress -}} -} - -@ARTICLE{W-Hetero-Fed, - author = {Christopher D. Carroll}, - title = {Implications of Wealth Heterogeneity For - Macroeconomics}, - journal = {Johns Hopkins University Department of Economics - Working Paper Number 597}, - year = 2012, - month = {May}, - note = {Paper for Academic Consultants' Meeting, Board of - Governors of the Federal Reserve System, available - at - \url{http://econ.jhu.edu/people/ccarroll/papers/W-Hetero-Fed.pdf}}, - url = - {http://econ.jhu.edu/people/ccarroll/papers/W-Hetero-Fed.pdf} -} - -@Article{carrollBSTheory, - Title = {Theoretical {F}oundations of {B}uffer {S}tock {S}aving}, - Author = {Carroll, Christopher}, - Journal = {Econ-ARK REMARK}, - Year = 2020, - Note = {Available at \url{https://econ-ark.github.io/BufferStockTheory}}, - Url = {https://econ-ark.github.io/BufferStockTheory.pdf}, - status = {Under Revision} -} - -% Updates here should sync with /Volumes/Data/Papers/BufferStockTheory/BufferStockTheory-Latest/LaTeX/BufferStockTheory-Self.bib and the corresponding public version -@article{BufferStockTheory, - author = {Christopher D. Carroll}, - journal = {Quantitative Economics}, - title = {Theoretical Foundations of Buffer Stock Saving}, - year = {Forthcoming}, - url = {https://econ-ark.github.io/BufferStockTheory}, - doi = {https://zenodo.org/badge/latestdoi/304124725} -} - -@ARTICLE{carroll:bstheoryNBERWP, - author = {Carroll, Christopher D.}, - title = {Theoretical {F}oundations of {B}uffer {S}tock - {S}aving}, - journal = {NBER Working Paper No.\ 10867}, - year = 2004, - month = {November} -} - -@ARTICLE{carroll:bstheorynourl, - author = {Carroll, Christopher D.}, - title = {Theoretical {F}oundations of {B}uffer {S}tock - {S}aving}, - journal = {Manuscript, Johns Hopkins University}, - year = 2004 -} - -@ARTICLE{carroll:bstheory, - author = {Carroll, Christopher D.}, - title = {Theoretical {F}oundations of {B}uffer {S}tock - {S}aving}, - journal = {NBER Working Paper No. 10867 (Status: Revise and - Resubmit, {\em Quantitative Economics}, 2014)}, - year = 2004, - month = {November}, - note = {Latest version available at - {\url{http://econ.jhu.edu/people/ccarroll/BufferStockTheory.pdf}}} -} - -@ARTICLE{SolvingMicroDSOPs, - author = {Carroll, Christopher D.}, - title = {Solving Microeconomic Dynamic Stochastic - Optimization Problems}, - journal = {Archive, Johns Hopkins University}, - year = 2014, - url = - {http://econ.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}} -} - -@ARTICLE{carroll:mpcperm, - author = {Carroll, Christopher D.}, - title = {Precautionary Saving and the Marginal Propensity to - Consume Out of Permanent Income}, - journal = {Journal of Monetary Economics}, - year = 2009, - volume = 56, - pages = {780--790}, - number = 6, - month = {September}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/papers/MPCPerm}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/papers/MPCPerm.pdf}, - bdsk-url-2 = {http://dx.doi.org/10.1016/j.jmoneco.2009.06.016}, - doi = {http://dx.doi.org/10.1016/j.jmoneco.2009.06.016}, - publisher = {Elsevier}, - url = - {http://econ.jhu.edu/people/ccarroll/papers/MPCPerm.pdf} -} - -@TECHREPORT{carrollTractable, - author = {Carroll, Christopher D.}, - title = {Lecture Notes: A Tractable Model of Buffer Stock - Saving}, - institution = {Johns Hopkins University}, - year = 2016, - note = {At - {\url{http://econ.jhu.edu/people/ccarroll/public/lecturenotes/consumption}}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.pdf} -} - -@ARTICLE{TractableBufferStock, - author = {Carroll, Christopher D.}, - title = {A Tractable Model of Buffer Stock Saving}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf}, - year = 2009, - note = - {\url{http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf} -} - -@Article{carrollIrrational, - Title = {Recent Stock Declines: Panic or the Purge of - `Irrational Exuberance'?}, - Author = {Carroll, Christopher D.}, - Journal = {The Economists' Voice}, - Year = 2008, - Note = - {\url{http://econ.jhu.edu/people/ccarroll/opinion/CampbellShillerReduxFinal.pdf}}, - Volume = 5, - Doi = {10.2202/1553-3832.1462}, - Owner = {Nic Johnson}, - Url = - {http://econ.jhu.edu/people/ccarroll/opinion/CampbellShillerReduxFinal.pdf} -} - -@INCOLLECTION{carroll:consumption, - author = {Carroll, Christopher D.}, - title = {Consumption}, - booktitle = {Encyclopedia Brittanica}, - year = 2007 -} - -@ARTICLE{CARAModelWithYRisk, - author = {Carroll, Christopher D.}, - title = {The CARA Model With Income Risk}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/CARAModelWithY% - Risk.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/CARAModelWithYRisk.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/CARAModelWithYRisk.pdf} -} - -@ARTICLE{ConsAndLaborSupply, - author = {Carroll, Christopher D.}, - title = {Consumption and Labor Supply}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/ConsAndLaborSu% - pply.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/ConsAndLaborSupply.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/ConsAndLaborSupply.pdf} -} - -@ARTICLE{Durables, - author = {Carroll, Christopher D.}, - title = {Spending on Durable and Nondurable Goods}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/Durables.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/Durables.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/Durables.pdf} -} - -@ARTICLE{Envelope, - author = {Carroll, Christopher D.}, - title = {The Envelope Theorem and the Euler Equation}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/envelope.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/envelope.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/envelope.pdf} -} - -@ARTICLE{GenAcctsAndGov, - author = {Carroll, Christopher D.}, - title = {Generational Accounts and the Government Budget - Constraint}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/GenAcctsAndGov% - .pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/GenAcctsAndGov.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/GenAcctsAndGov.pdf} -} - -@ARTICLE{Habits, - author = {Carroll, Christopher D.}, - title = {Consumption Models with Habit Formation}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/Habits.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/Habits.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/Habits.pdf} -} - -@ARTICLE{Laibson, - author = {Carroll, Christopher D.}, - title = {Time Inconsistency {\it a la} Laibson}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/Laibson.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/Laibson.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/Laibson.pdf} -} - -@ARTICLE{OLGModel, - author = {Carroll, Christopher D.}, - title = {The Diamond Overlapping Generations Model}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/OLGModel.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/OLGModel.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/OLGModel.pdf} -} - -@ARTICLE{PerfForesightCRRA, - author = {Carroll, Christopher D.}, - title = {The Perfect Foresight CRRA Consumption Model}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/PerfForesightC% - RRA.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/PerfForesightCRRA.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/PerfForesightCRRA.pdf} -} - -@ARTICLE{RiskAndPSPremia, - author = {Carroll, Christopher D.}, - title = {Risk and Precautionary Premia}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/RiskAndPSPRemi% - a.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/RiskAndPSPRemia.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/RiskAndPSPRemia.pdf} -} - -@ARTICLE{SocSecAndKAccum, - author = {Carroll, Christopher D.}, - title = {Social Security and Capital Accumulation}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/SocSecAndKAccu% - m.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/SocSecAndKAccum.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/SocSecAndKAccum.pdf} -} - -@ARTICLE{carrollEGMNBER, - author = {Carroll, Christopher D.}, - title = {The {M}ethod of {E}ndogenous {G}ridpoints for - {S}olving {D}ynamic {S}tochastic {O}ptimization - {P}roblems}, - journal = {National Bureau of Economic Research Technical - Working Paper No. 309}, - year = 2005, - month = {June}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/EndogenousGridpoints.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/EndogenousGridpoints.pdf} -} - -@TECHREPORT{car04, - author = {Christopher D. Carroll}, - title = {Housing Wealth and Consumption Expenditure}, - institution = {Johns Hopkins University}, - journal = {Paper for Presentation at Academic Consultants' Meeting at the Board of Governors of the Federal Reserve System}, - year = 2004, - type = {mimeo} -} - -@TECHREPORT{car04b, - author = {Carroll, Christopher D.}, - title = {Theoretical Foundations of Buffer Stock Saving}, - institution = {NBER}, - year = 2004, - type = {working paper}, - number = 10867 -} - -@ARTICLE{carroll:fedwealth, - author = {Carroll, Christopher D.}, - title = {Housing Wealth and Consumption Expenditure}, - journal = {Paper Prepared for Briefing of Board of Governors of - the Federal Reserve System}, - year = 2004, - month = {January}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/papers/FedHouseWealthv2.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/papers/FedHouseWealthv2.pdf} -} - -@ARTICLE{Carroll2004, - author = {Carroll, Christopher D.}, - title = {Housing Wealth and Consumption Expenditure}, - journal = {Paper Prepared for Academic Consultants Meeting of - Federal Reserve Board, January 2004}, - year = 2004, - note = {At - {\url{http://econ.jhu.edu/people/ccarroll/papers/FedHouseWealthv2.pdf}}}, - institution = {Johns Hopkins University} -} - -@ARTICLE{carroll:macroexpectjhu, - author = {Carroll, Christopher D.}, - title = {Macroeconomic {E}xpectations of {H}ouseholds and - {P}rofessional {F}orecasters}, - journal = {Johns Hopkins University Department of Economics - Working Papers Number 477}, - year = 2002, - month = {December} -} - -@INCOLLECTION{carroll:richportfolios, - author = {Carroll, Christopher D.}, - title = {Portfolios of the Rich}, - booktitle = {Household Portfolios: Theory and Evidence}, - publisher = {MIT Press}, - year = 2002, - address = {Cambridge, MA}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/richportfolios.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/richportfolios.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/richportfolios.pdf} -} - -@ARTICLE{carroll:atheorynberwp, - author = {Carroll, Christopher D.}, - title = {A Theory of the Consumption Function, With and - Without Liquidity Constraints (Expanded Version)}, - journal = {NBER Working Paper Number W8387}, - year = 2001, - note = - {\url{http://econ.jhu.edu/people/ccarroll/ATheoryv3NBER.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/ATheoryv3NBER.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/ATheoryv3NBER.pdf} -} - -@ARTICLE{carroll:death, - author = {Carroll, Christopher D.}, - title = {Death to the {L}og-{L}inearized {C}onsumption - {E}uler {E}quation! ({A}nd {V}ery {P}oor {H}ealth - to the {S}econd-{O}rder Approximation)}, - journal = {Advances in Macroeconomics}, - year = 2001, - volume = 1, - pages = {Article 6}, - number = 1, - note = {\url{http://econ.jhu.edu/people/ccarroll/death.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/death.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/death.pdf} -} - -@ARTICLE{carroll:deathbepress, - author = {Carroll, Christopher D.}, - title = {Death to the Log-Linearized Consumption Euler - Equation! (And Very Poor Health to the Second-Order - Approximation)}, - journal = {Advances in Macroeconomics}, - year = 2001, - volume = 1, - pages = {Article 6}, - number = 1, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/death.pdf}, - url = {\url{http://econ.jhu.edu/people/ccarroll/death.pdf}} -} - -@ARTICLE{carroll:mpcpermNBER, - author = {Carroll, Christopher D.}, - title = {Precautionary Saving and the Marginal Propensity to - Consume Out of Permanent Income}, - journal = {NBER Working Paper Number W8233}, - year = 2001, - month = {April}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/MPCPermBigNBER.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/MPCPermBigNBER.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/MPCPermBigNBER.pdf} -} - -@INCOLLECTION{carroll:richportfoliosNBERWP, - author = {Carroll, Christopher D.}, - title = {{P}ortfolios of the {R}ich}, - booktitle = {NBER Working Paper No.\ 7826}, - year = 2001, - month = {August} -} - -@ARTICLE{carroll:RiskyHabits, - author = {Carroll, Christopher D.}, - title = {`{R}isky {H}abits' and the {M}arginal {P}ropsensity - to {C}onsume {O}ut of {P}ermanent {I}ncome}, - journal = {International Economic Journal}, - year = 2000, - volume = 14, - pages = {1--41}, - number = 4, - note = - {\url{http://econ.jhu.edu/people/ccarroll/riskyhabits.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/riskyhabits.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/riskyhabits.pdf} -} - -@ARTICLE{carroll:RiskyHabitsNBERWP, - author = {Carroll, Christopher D.}, - title = {`{R}isky {H}abits' and the {M}arginal {P}ropsensity - to {C}onsume {O}ut of {P}ermanent {I}ncome}, - journal = {NBER Working Paper No. 7839}, - year = 2000 -} - -@ARTICLE{carroll:solvinghabits, - author = {Carroll, Christopher D.}, - title = {Solving Consumption Models with Multiplicative - Habits}, - journal = {Economics Letters}, - year = 2000, - volume = 68, - pages = {67--77}, - number = 1, - note = - {\url{http://econ.jhu.edu/people/ccarroll/HabitsEconLett.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/HabitsEconLett.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/HabitsEconLett.pdf} -} - -@ARTICLE{carroll:habitstheoryshort, - author = {Carroll, Christopher D.}, - title = {Solving Models with Multiplicative Habits}, - journal = {Manuscript, Johns Hopkins University}, - year = 1999 -} - -@ARTICLE{carroll:riskyhabitsasia, - author = {Carroll, Christopher D.}, - title = {How `{R}isky {H}abits' {C}an {E}xplain a {L}ow - {M}arginal {P}ropensity to {C}onsume {D}uring - {R}ecessions}, - journal = {Invited Paper for Special Issue of International - Economic Journal}, - year = 1999 -} - -@MISC{carroll:macrosolve, - author = {Carroll, Christopher D.}, - title = {Sources and Methods for 'Unemployment Expectations, - Jumping (S,s) Triggers, and Household Balance - Sheets'}, - howpublished = {Web archive}, - year = 1998, - bdsk-url-1 = {http://nber.econ.jhu.edu:8080/People/ccarroll.html}, - url = {http://nber.econ.jhu.edu:8080/People/ccarroll.html} -} - -@ARTICLE{carroll:richsavenberwp, - author = {Carroll, Christopher D.}, - title = {{W}hy {D}o the {R}ich {S}ave {S}o {M}uch?}, - journal = {NBER Working Paper Number 6549}, - year = 1998, - month = {May} -} - -@ARTICLE{carroll:deathNBERWP, - author = {Carroll, Christopher D.}, - title = {{D}eath to the {L}og-{L}inearized {C}onsumption - {E}uler {E}quation! ({A}nd {V}ery {P}oor {H}ealth - to the {S}econd-{O}rder {A}pproximation)}, - journal = {NBER Working Paper No.\ 6298}, - year = 1997 -} - -@ARTICLE{carroll:bslcpihNBERWP, - author = {Carroll, Christopher D.}, - title = {Buffer-{S}tock {S}aving and the {L}ife - {C}ycle/{P}ermanent {I}ncome {H}ypothesis}, - journal = {NBER Working Paper No.\ 5788}, - year = 1996, - month = {October} -} - -@ARTICLE{carroll:howdoesfuture, - author = {Carroll, Christopher D.}, - title = {How Does Future Income Affect Current Consumption?}, - journal = {The Quarterly Journal of Economics}, - year = 1994, - volume = {CIX}, - pages = {111--148}, - number = 1, - note = - {\url{http://econ.jhu.edu/people/ccarroll/howdoesfuture.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/howdoesfuture.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/howdoesfuture.pdf} -} - -@ARTICLE{carroll:savingdecline, - author = {Carroll, Christopher D.}, - title = {The Decline in {U}.{S}.\ Saving}, - journal = {Forum for Applied Research and Public Policy}, - year = 1993, - volume = 8, - number = 4 -} - -@PHDTHESIS{carroll:phdthesis, - author = {Carroll, Christopher D.}, - title = {Three Essays on Consumption, Income, and Saving}, - school = {MIT}, - year = 1990 -} - -@ARTICLE{carroll&dunn:moredeath, - author = {Carroll, Christopher D. and Dunn, Wendy}, - title = {Euler Equation Estimation With Aggregated Time - Series Data}, - journal = {Work in Progress}, - year = 1999 -} - -@INCOLLECTION{cdSs, - author = {Carroll, Christopher D. and Dunn, Wendy E.}, - title = {Unemployment {E}xpectations, {J}umping ({S},s) - {T}riggers, and {H}ousehold {B}alance {S}heets}, - booktitle = {NBER Macroeconomics Annual, 1997}, - publisher = {MIT Press}, - year = 1997, - editor = {Bernanke, Benjamin S. and Rotemberg, Julio}, - pages = {165--229}, - address = {Cambridge, MA}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/macroann.pdf}; - Methodological Appendix: - \url{http://econ.jhu.edu/people/ccarroll/methods3.pdf}; - Empirical Results and Simulation Programs: - \url{http://econ.jhu.edu/people/ccarroll/cdfiles.html};}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/macroann.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/macroann.pdf} -} - -@ARTICLE{carroll&dunn:methods, - author = {Carroll, Christopher D. and Dunn, Wendy E.}, - title = {Data Sources and Solution Methods for Empirical and - Theoretical Results in 'Unemployment Expectations, - Jumping (S,s) Triggers, and Household Balance - Sheets'}, - journal = {http://econ.jhu.edu/People/CCarroll/carroll.html}, - year = 1998 -} - -@ARTICLE{cdSsNBERWP, - author = {Carroll, Christopher D. and Dunn, Wendy E.}, - title = {{U}nemployment {E}xpectations, {J}umping ({S},s) - {T}riggers, and {H}ousehold {B}alance {S}heets}, - journal = {NBER Working Paper No. 6081}, - year = 1997, - month = {July} -} - -@ARTICLE{cdk:balance, - author = {Carroll, Christopher D. and Dynan, Karen E. and - Krane, Spencer S.}, - title = {Unemployment {R}isk and {P}recautionary {W}ealth: - {E}vidence from {H}ouseholds' {B}alance {S}heets}, - journal = {Review of Economics and Statistics}, - year = 2003, - volume = 85, - number = 3, - month = {August}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/krynoll.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/krynoll.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/krynoll.pdf} -} - -@ARTICLE{cdk:balanceFEDS, - author = {Carroll, Christopher D. and Dynan, Karen E. and - Krane, Spencer S.}, - title = {Unemployment {R}isk and {P}recautionary {W}ealth: - {E}vidence from {H}ouseholds' {B}alance {S}heets}, - journal = {Finance and Economics Discussion Series Number - 1999-15, Federal Reserve Board}, - year = 1999, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/krynoll.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/krynoll.pdf} -} - -@ARTICLE{carroll&fratantoni:habits, - author = {Carroll, Christopher D. and Fratantoni, Michael}, - title = {Implications of Habit Formation for Consumption and - Portfolio Choice}, - journal = {Work In Progress}, - year = 1999 -} - -@Article{cfwSentiment, - Title = {Does Consumer Sentiment Forecast Household Spending? - {I}f So, Why?}, - Author = {Carroll, Christopher D. and Fuhrer, Jeffrey C. and - Wilcox, David W.}, - Journal = {American Economic Review}, - Year = 1994, - Note = - {\url{http://econ.jhu.edu/people/ccarroll/SentAERCarrollFuhrerWilcox.pdf}}, - Number = 5, - Pages = {1397-1408}, - Volume = 84, - Owner = {Nic Johnson}, - Url = - {http://econ.jhu.edu/people/ccarroll/SentAERCarrollFuhrerWilcox.pdf}, - score = 20, -} - -@ARTICLE{cj:bufferIntl, - author = {Carroll, Christopher D. and Jeanne, Olivier}, - title = {A Tractable Model of Precautionary Reserves, Net - Foreign Assets, or Soverign Wealth Funds}, - journal = {Work In Progress}, - year = {ongoing} -} - -@Article{CarrollKimballPSPW, - Title = {Precautionary Saving and Precautionary Wealth}, - Author = {Carroll, Christopher D. and Kimball, Miles S.}, - Journal = {Palgrave Dictionary of Economics and Finance, 2nd - Ed.}, - Year = 2007, - Note = {\url{http://econ.jhu.edu/people/ccarroll/papers/PalgravePrecautionary.pdf}}, - Url = {http://econ.jhu.edu/people/ccarroll/papers/PalgravePrecautionary.pdf} -} - -@ARTICLE{carroll&kimball:liquidity, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {Liquidity Constraints and Precautionary Saving}, - journal = {Manuscript, Johns Hopkins University}, - year = 2005, - note = - {\url{http://econ.jhu.edu/people/ccarroll/papers/liquidRevised.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/papers/liquidRevised.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/papers/liquidRevised.pdf} -} - -@ARTICLE{carroll&kimball:liquidityHopkins, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {Liquidity Constraints and Precautionary Saving}, - journal = {Johns Hopkins University Working Paper Number 455}, - year = 2001, - month = {August}, - note = - {\url{http://econ.jhu.edu/pdf/papers/CarrollKimball2001.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/pdf/papers/CarrollKimball2001.pdf}, - url = - {http://econ.jhu.edu/pdf/papers/CarrollKimball2001.pdf} -} - -@ARTICLE{carroll&kimball:liquidityNBERWP, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {Liquidity {C}onstraints and {P}recautionary - {S}aving}, - journal = {NBER Working Paper No. 8496}, - year = 2001 -} - -@INPROGRESS{carrollmaccini:entrepreneurs, - author = {Carroll, Christopher D. and Maccini, Louis J.}, - title = {Entrepreneurial Investment, Consumption Smoothing, and Dividends}, - year = {ongoing}, - journal = {Work in Progress}, - note = {With Louis J. Maccini} -} - -@ARTICLE{cosOzStickyC, - author = {Carroll, Christopher D. and Ossolinski, Crystal and - Slacalek, Jiri}, - title = {Sticky Consumption Growth and Housing Wealth - Effects: Evidence from Australia}, - journal = {Work In Progress}, - year = {ongoing} -} - -@TECHREPORT{co04, - author = {Christopher D. Carroll and Misuzu Otsuka}, - title = {Estimating the Wealth Effect on Consumption}, - institution = {Johns Hopkins University}, - year = 2004, - type = {mimeo} -} - -@TECHREPORT{cosHowLargeorig, - author = {Christopher D. Carroll and Misuzu Otsuka and Jiri - Slacalek}, - title = {What Is the Wealth Effect on Consumption? A New - Approach}, - institution = {Johns Hopkins University}, - year = 2006, - type = {mimeo} -} - -@ARTICLE{cow:habits, - author = {Carroll, Christopher D. and Overland, Jody R. and - Weil, David N.}, - title = {Saving and {G}rowth with {H}abit {F}ormation}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {341--355}, - number = 3, - month = {June}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/AERHabits.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/AERHabits.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/AERHabits.pdf} -} - -@ARTICLE{cow00, - author = {Christopher D. Carroll and Jody R. Overland and - David N. Weil}, - title = {Saving and Growth with Habit Formation}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {341--55}, - number = 3 -} - -@ARTICLE{cow:envy, - author = {Carroll, Christopher D. and Overland, Jody R. and - Weil, David N.}, - title = {Comparison Utility in a Growth Model}, - journal = {Journal of Economic Growth}, - year = 1997, - volume = 2, - pages = {339--367}, - number = 4, - month = {December}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/compare.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/compare.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/compare.pdf} -} - -@ARTICLE{cow:habitsfuhrercite, - author = {Carroll, Christopher D. and Overland, Jody R. and - Weil, David N.}, - title = {Saving and Growth with Habit Formation}, - journal = {FEDS Working Paper \# 95-42}, - year = 1995 -} - -@ARTICLE{crr:census, - author = {Carroll, Christopher D. and Rhee, Changyong and - Rhee, Byungkun}, - title = {Does {C}ultural {O}rigin {A}ffect {S}aving - {B}ehavior? {E}vidence from {I}mmigrants}, - journal = {Economic Development and Cultural Change}, - year = 1999, - volume = 48, - pages = {33--50}, - number = 1, - month = {October}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/censave.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/censave.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/censave.pdf} -} - -@ARTICLE{crr:censusNBERWP, - author = {Carroll, Christopher D. and Rhee, Changyong and - Rhee, Byungkun}, - title = {Does {C}ultural {O}rigin {A}ffect {S}aving - {B}ehavior? {E}vidence from {I}mmigrants}, - journal = {NBER Working Paper No. 6568}, - year = 1998, - month = {May} -} - -@ARTICLE{crr:culture, - author = {Carroll, Christopher D. and Rhee, Changyong and - Rhee, Byungkun}, - title = {Are {T}here {C}ultural {E}ffects on {S}aving? {S}ome - {C}ross-{S}ectional {E}vidence}, - journal = {The Quarterly Journal of Economics}, - year = 1994, - volume = {CIX}, - pages = {685--700}, - number = 3, - month = {August}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/crr-culture-qje.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/crr-culture-qje.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/crr-culture-qje.pdf} -} - -@ARTICLE{carroll&samwick:howbig, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {{H}ow {I}mportant {I}s {P}recautionary {S}aving?}, - journal = {Review of Economics and Statistics}, - year = 1998, - volume = 80, - pages = {410--419}, - number = 3, - month = {August}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/papers/howbig.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/papers/howbig.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/papers/howbig.pdf} -} - -@ARTICLE{carroll&samwick:howbigNBERWP, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {{H}ow {I}mportant {I}s {P}recautionary {S}aving?}, - journal = {NBER Working Paper No. 5194}, - year = 1995, - month = {July} -} - -@ARTICLE{carroll&samwick:natureNBERWP, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The {N}ature of {P}recautionary {W}ealth}, - journal = {NBER Working Paper No. 5193}, - year = 1995, - month = {July} -} - -@ARTICLE{carroll&samwick:naturewp, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The Nature of Precautionary Wealth}, - journal = {Manuscript, The Johns Hopkins University}, - year = 1995 -} - -@TECHREPORT{cs:stickyExp, - author = {Christopher D. Carroll and Jiri Slacalek}, - title = {Sticky Expectations and Consumption Dynamics}, - institution = {Johns Hopkins University}, - year = 2006, - type = {mimeo} -} - -@ARTICLE{cosHousing, - author = {Carroll, Christopher D. and Slacalek, Jiri and - Otsuka, Misuzu}, - title = {How Large Is the Housing Wealth Effect? A New - Approach}, - journal = {NBER Working Paper Number 12746}, - year = 2006, - month = {December}, - note = {\url{http://www.nber.org/papers/w12746}}, - bdsk-url-1 = {http://www.nber.org/papers/w12746}, - url = {http://www.nber.org/papers/w12746} -} - -@TECHREPORT{css:epid2, - author = {Christopher D. Carroll and Jiri Slacalek and Martin - Sommer}, - title = {International Evidence on Sticky Consumption - Dynamics}, - institution = {Johns Hopkins University}, - year = {in progress}, - type = {mimeo} -} - -@ARTICLE{cssUSSaving, - author = {Carroll, Christopher D. and Jiri Slacalek and Martin - Sommer}, - title = {Dissecting Saving Dynamics: Measuring Wealth, - Precautionary, and Credit Effects}, - journal = {Manuscript, Johns Hopkins University}, - year = 2019, - note = - {\url{http://econ.jhu.edu/people/ccarroll/papers/cssUSSaving/}}, - url = - {http://econ.jhu.edu/people/ccarroll/papers/cssUSSaving/} -} - -@TECHREPORT{css:epid, - author = {Christopher D. Carroll and Jiri Slacalek and Martin - Sommer}, - title = {The Epidemiology of Consumption}, - institution = {Johns Hopkins University}, - year = 2005, - type = {mimeo} -} - -@TECHREPORT{carroll&slacalek&tokuoka:stickyex, - author = {Carroll, Christopher D. and Slacalek, Jiri and - Tokuoka, Kiichi}, - title = {Sticky Expectations and Consumption Dynamics}, - year = {in progress}, - journal = {Manuscript} -} - -@TECHREPORT{cstMPC, - author = {Christopher D. Carroll and Jiri Slacalek and Kiichi - Tokuoka}, - title = {The Distribution of Wealth and the Marginal - Propensity to Consume}, - institution = {Johns Hopkins University}, - year = 2013, - note = {At \url{http://econ.jhu.edu/people/ccarroll/papers/cstMPC}}, -} - -@article{cstMPCxc, - title = {The Distribution of Wealth and the MPC: Implications - of New European Data}, - author = {Carroll, Christopher D. and Slacalek, Jiri and - Tokuoka, Kiichi}, - journal = {The American Economic Review}, - volume = 104, - number = 5, - pages = {107--111}, - year = 2014, - publisher = {American Economic Association}, - note = {At - \href{http://econ.jhu.edu/people/ccarroll/papers/cstMPCxc}{\texttt{http://econ.jhu.edu/people/ccarroll/papers/cstMPCxc}}}, - url = {http://econ.jhu.edu/people/ccarroll/papers/cstMPCxc} -} - -@TECHREPORT{cst:BSinKSmanuscript, - author = {Christopher D. Carroll and Jiri Slacalek and Kiichi - Tokuoka}, - title = {Digestible Microfoundations: Buffer-Stock Saving in - a Krussel--Smith World}, - institution = {Johns Hopkins University}, - year = 2011, - type = {mimeo} -} - -@ARTICLE{carroll&sommer:epidemiology, - author = {Carroll, Christopher D. and Sommer, Martin}, - title = {Dynamics of Aggregate Consumption in an - Epidemiological Model}, - journal = {Manuscript, Johns Hopkins University}, - year = 2004 -} - -@Incollection{sswNAIRU, - author = {Staiger, Douglas and James H. Stock and Mark W. Watson}, - title = {Prices Wages and the US NAIRU in the 1990s}, - year = {2001}, - booktitle = {The Roaring Nineties: Can Full Employment Be Sustained?}, - editor = {Alan B. Krueger and Robert Solow}, - publication = {type}, - publisher = {The Russell Sage Foundation and Century Press}, - address = {New York} -} - -@ARTICLE{cssIntlStickyC, - author = {Carroll, Christopher D. and Sommer, Martin and Slacalek, Jiri}, - title = {International Evidence on Sticky Consumption Growth}, - journal = {Review of Economics and Statistics}, - year = 2011, - volume = 93, - pages = {1135--1145}, - number = 4, - month = {October}, - note = {\url{http://econ.jhu.edu/people/ccarroll/papers/cssIntlStickyC/}}, - URL = { https://doi.org/10.1162/REST_a_00122}, - abstract = {This paper estimates the degree of stickiness in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness parameter of about 0.7 on average across countries. The sticky consumption growth model outperforms the random walk model of Hall (1978) and typically fits the data better than the popular Mankiw (1989) model, though in a few countries, the sticky consumption growth and Campbell-Mankiw models work about equally well. }, -doi = {10.1162/REST\_a\_00122}, -eprint = { https://doi.org/10.1162/REST_a_00122 } -} - - -@ARTICLE{cssIntlStickyCJHU, - author = {Carroll, Christopher D. and Sommer, Martin and - Slacalek, Jiri}, - title = {International Evidence on Sticky Consumption Growth}, - journal = {Johns Hopkins University Working Paper Number 542}, - year = 2008, - note = - {\url{http://econ.jhu.edu/people/ccarroll/papers/cssIntlStickyC/}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/papers/cssIntlStickyC.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/papers/cssIntlStickyC.pdf} -} - -@InCollection{carroll&summers:cparallelsy, - Title = {Consumption Growth Parallels Income Growth: Some New - Evidence}, - Author = {Carroll, Christopher D. and Summers, Lawrence H.}, - Booktitle = {National Saving and Economic Performance}, - Publisher = {Chicago University Press}, - Year = 1991, - Address = {Chicago}, - Editor = {{B.~Douglas Bernheim} and {John B. Shoven}}, - Note = - {\url{http://econ.jhu.edu/people/ccarroll/papers/CParallelsY.pdf}}, - Owner = {Nic Johnson}, - Url = - {http://econ.jhu.edu/people/ccarroll/papers/CParallelsY.pdf} -} - -@ARTICLE{carroll&summers:jme, - author = {Carroll, Christopher D. and Summers, Lawrence H.}, - title = {Why Have Private Saving Rates in the US and Canada - Diverged?}, - journal = {Journal of Monetary Economics}, - year = 1987, - volume = 20, - pages = {249--279}, - number = 2, - note = - {\url{http://econ.jhu.edu/people/ccarroll/papers/CarrollSummersJME.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/papers/CarrollSummersJME.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/papers/CarrollSummersJME.pdf} -} - -@INPROGRESS{BSSinDGE, - author = {Carroll, Christopher D. and Tokuoka, Kiichi}, - title = {JEDC Project on Benchmark Solutions to Heterogeneous Agents Models}, - year = {Expected publication in {\it Journal of Economic Dynamics and Control}, - 2009}, - journal = {Buffer Stock Saving in Krusell-Smith General Equilibrium}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/BSSinDGE}, - url = {http://econ.jhu.edu/people/ccarroll/BSSinDGE} -} - -@ARTICLE{ctJEDC, - author = {Carroll, Christopher D. and Tokuoka, Kiichi}, - title = {Buffer Stock Saving In Rational Expectations General - Equilibrium}, - journal = {Journal of Economic Dynamics and Control}, - year = 2009 -} - -@ARTICLE{carroll&vermulen:precautionarymultiplier, - author = {Carroll, Christopher D. and Vermulen, Koen}, - title = {The Precautionary Multiplier}, - journal = {Work in Progress}, - year = {2000-present} -} - -@ARTICLE{carroll&weil:habits, - author = {Carroll, Christopher D. and Weil, David N.}, - title = {Habits and Saving: Theory and Evidence}, - journal = {Work in Progress}, - year = 1997 -} - -@ARTICLE{carroll&weil:crcs, - author = {Carroll, Christopher D. and Weil, David N.}, - title = {Saving and {G}rowth: {A} {R}einterpretation}, - journal = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - volume = 40, - pages = {133--192}, - month = {June}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/CarrollWeilSavingAndGrowth.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/CarrollWeilSavingAndGrowth.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/CarrollWeilSavingAndGrowth.pdf} -} - -@ARTICLE{carroll&weil:crcsNBERWP, - author = {Carroll, Christopher D. and Weil, David N.}, - title = {Saving and {G}rowth: {A} {R}einterpretation}, - journal = {NBER Working Paper No. 4470}, - year = 1993, - month = {September} -} - -@TECHREPORT{cqsUpdate, - author = {Case, Karl E. and Quigley, John M. and Shiller, - Robert J.}, - title = {Wealth Effects Revisited 1978-2009}, - institution = {Cowles Foundaion for Reserch in Economics, Yale - University}, - year = 2011, - type = {Cowles Foudation Discussion Paper}, - number = 1784, - month = {February} -} - -@ARTICLE{cqs05, - author = {Karl E. Case and John M. Quigley and Robert - J. Shiller}, - title = {Comparing Wealth Effects: The Stock Market Versus - the Housing Market}, - journal = {Advances in Macroeconomics}, - year = 2005, - volume = 5, - pages = {1--32}, - number = 1 -} - -@ARTICLE{cqs:housing, - author = {Case, Karl E. and Quigley, John M. and Shiller, - Robert J.}, - title = {Home-buyers, Housing and the Macroeconomy}, - journal = {Reserve Bank of Australia Conference on Asset Prices - and Monetary Policy Papers}, - year = 2003 -} - -@ARTICLE{cqs:wealtheffects, - author = {Case, Karl E. and Quigley, John M. and Shiller, - Robert J.}, - title = {Comparing Wealth Effects: The Stock Market Versus - the Housing Market}, - journal = {Institute of Business and Economic Research Working - Paper No. W01-004}, - year = 2003, - month = {May} -} - -@TECHREPORT{cqs01, - author = {Karl E. Case and John M. Quigley and Robert - J. Shiller}, - title = {Comparing Wealth Effects: The Stock Market Versus - the Housing Market}, - institution = {NBER}, - year = 2001, - type = {working paper} -} - -@ARTICLE{cs03, - author = {Karl E. Case and Robert J. Shiller}, - title = {Is There a Bubble in the Housing Market? An - Analysis}, - journal = {Brookings Papers on Economic Activity}, - year = 2003, - volume = 2003, - pages = {299--342}, - number = 2 -} - -@INCOLLECTION{csCPIReq, - author = {Casey, William and Sara Stanley}, - title = {Consumer Price Index Requirements of the Consumer - Expenditure Surveys}, - booktitle = {Forthcoming in {\it Improving the Measurement of - Household Expenditures}}, - publisher = {Chicago: University of Chicago Press}, - year = 2013, - editors = {Christopher Carroll, Thomas Crossley, and John - Sabelhaus} -} - -@ARTICLE{cass:growth, - author = {Cass, David}, - title = {Optimum growth in an aggregative model of capital - accumulation}, - journal = {Review of Economic Studies}, - year = 1965, - volume = 32, - pages = {233--240} -} - -@TECHREPORT{cal96, - author = {Cassou, Steven P. and Lansing, Kevin J.}, - title = {Growth Effects of a Flat Tax}, - institution = {Federal Reserve Bank of Cleveland}, - year = 1996, - type = {working paper}, - number = 9615 -} - -@ARTICLE{castaneda, - author = {Castaneda, Ana and Diaz-Gimenez, Javier and - Rios-Rull, Jose-Victor}, - title = {Accounting for the U.S.\ Earnings and Wealth - Inequality}, - journal = {Journal of Political Economy}, - year = 2003, - volume = 111, - pages = {818--857}, - number = 4, - month = {August} -} - -@TECHREPORT{cgp04, - author = {Catte, Pietro and Girouard, Nathalie and Price, - Robert and Andre, Christophe}, - title = {Housing Market, Wealth and the Business Cycle}, - institution = {OECD}, - year = 2004, - type = {working paper}, - number = 17 -} - -@ARTICLE{ces:nearly, - author = {Cavanagh, Christopher L. and Elliott, Graham and - Stock, James H.}, - title = {Inference in Models with Nearly Integrated - Regressors}, - journal = {Econometric Theory}, - year = 1995, - volume = 11, - pages = {1131--1147}, - number = 5 -} - -@TECHREPORT{cd04, - author = {Steven Cechetti and Guy Debelle}, - title = {Has the Inflation Process Changed?}, - institution = {Brandeis University}, - year = 2004, - type = {mimeo} -} - -@TECHREPORT{challe&ragot:precautionaryS, - author = {Edouard Challe and Xavier Ragot}, - title = {Precautionary Saving over the Business Cycle}, - institution = {Paris School of Economics}, - year = 2012, - type = {mimeo} -} - -@INCOLLECTION{chamberlain:paneldata, - author = {Chamberlain, Gary}, - title = {Panel Data}, - booktitle = {Handbook of Econometrics}, - publisher = {North-Holland}, - year = 1984, - editor = {Griliches, Zvi and Intriligator, Michael}, - address = {Amsterdam} -} - -@ARTICLE{cwcUnderUncert, - author = {Chamberlain, Gary and Wilson, Charles A.}, - title = {Optimal Intertemporal Consumption Under Uncertainty}, - journal = {Review of Economic Dynamics}, - year = 2000, - volume = 3, - pages = {365--395}, - number = 3 -} - -@ARTICLE{cw:cUnderUncert, - author = {Chamberlain, Gary and Wilson, Charles A.}, - title = {Optimal Intertemporal Consumption Under Uncertainty}, - journal = {Review of Economic Dynamics}, - year = 2000, - volume = 3, - pages = {365--395}, - number = 3 -} - -@TECHREPORT{clpChinaSaving, - author = {Chamon, Marcos and Liu, Kai and Prasad, Eswar S.}, - title = {Income Uncertainty and Household Savings in China}, - institution = {National Bureau of Economic Research}, - year = 2010, - journal = {NBER Working Paper No.\ 16565} -} - -@ARTICLE{cpChina, - author = {Chamon, Marcus D. and Prasad, Eswar S.}, - title = {Why Are Saving Rates of Urban Households in China - Rising?}, - journal = {American Economic Journal: Macroeconomics}, - year = 2010, - volume = 2, - pages = {93--130}, - number = 1, - note = {Available at - \url{http://www.aeaweb.org/articles.php?doi=10.1257/mac.2.1.93}}, - bdsk-file-1 = - {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}, - date-modified ={2011-10-14 10:57:33 -0400}, - issn = {1945-7707}, - publisher = {American Economic Association} -} - -@MISC{cck:opttax, - author = {Chari, V.~V., Laurence J. Christiano and Kehoe, - Patrick J.}, - title = {Dynamic {R}amsey Taxation in a Stochastic Growth - Model}, - howpublished = {Working Paper}, - year = 1990 -} - -@ARTICLE{cckDevil, - author = {Chari, V.~V. and Christiano, Lawrence and Kehoe, - Patrick}, - title = {Facts and Myths About the Financial Crisis of 2008}, - journal = {Federal Reserve Bank of Minneapolis Working Paper - Number 666}, - year = 2008, - month = {October} -} - -@comment{chariKehoeMcGrattan:critiqueOld} -@TECHREPORT{ckmCritique, - author = {V. V. Chari and Patrick J. Kehoe and Ellen - R. McGrattan}, - title = {A Critique of Structural VARs Using Real Business - Cycle Theory}, - institution = {Federal Reserve Bank of Minneapolis}, - year = 2005, - type = {working paper}, - number = 631 -} - -@TECHREPORT{ch95, - author = {Robert S. Chase}, - title = {Women's Labor Force Participation during and after - {C}ommunism: {A} Study of the {C}zech {R}epublic and - {S}lovakia}, - institution = {Economic Growth Center, Yale University}, - year = 1995, - type = {discussion paper}, - number = 768 -} - -@ARTICLE{chen&white:nonparametric, - author = {Chen, Xiaohong and White, Halbert}, - title = {Nonparametric Adaptive Learning with Feedback}, - journal = {Journal of Economic Theory}, - year = 1998, - volume = 82, - pages = {190--222} -} - -@TECHREPORT{chetty:commit, - author = {Chetty, Raj}, - title = {Consumption Commitments, Unemployment Durations, and - Local Risk Aversion}, - institution = {National Bureau of Economic Research, Inc}, - year = 2004, - month = jan -} - -@ARTICLE{cflnoCrowdout, - author = {Raj Chetty and John N. Friedman and Soren - Leth-Petersen and Torben Heien Nielsen and Tore - Olsen}, - title = {Active Vs. Passive Decisions And Crowd-Out In - Retirement Savings Accounts: Evidence From Denmark}, - journal = {Manuscript, Harvard University}, - year = 2012, - month = {December}, - note = - {\url{http://obs.rc.fas.harvard.edu/chetty/crowdout.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cflnoCrowdout.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cflnoCrowdout.pdf:PDF}, - url = {http://obs.rc.fas.harvard.edu/chetty/crowdout.pdf} -} - -@TECHREPORT{chettySzeidlHabits, - author = {Raj Chetty and Adam Szeidl}, - title = {Consumption Commitments: Neoclassical Foundations - for Habit Formation}, - institution = {University of California, Berkeley}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{szeidl&chetty:commitments, - author = {Chetty, Raj and Szeidl, Adam}, - title = {Consumption Commitments and Asset Prices}, - journal = {Manuscript, Harvard University}, - year = 2003 -} - -@TECHREPORT{ceiForensic, - author = {Menzie D. Chinn and Barry Eichengreen and Hiro Ito}, - title = {A Forensic Analysis of Global Imbalances}, - institution = {National Bureau of Economic Research}, - year = 2011, - type = {Working Paper}, - number = 17513, - month = {October}, - abstract = {We examine whether the behavior of current account - balances changed in the years preceding the global - crisis of 2008-09, and assess the prospects for - global imbalances in the post-crisis period. Changes - in the budget balance are an important factor - affecting current account balances for deficit - countries such as the U.S. and the U.K. The effect - of the “saving glut variables” on current account - balances has been relatively stable for emerging - market countries, suggesting that those factors - cannot explain the bulk of their recent current - account movements. We also find the 2006-08 period - to constitute a structural break for emerging market - countries, and to a lesser extent, for - industrialized countries. We attribute the anomalous - behavior of pre-crisis current account balances to - stock market performance and real housing - appreciation; fiscal procyclicality and the stance - of monetary policy do not matter as much. Household - leverage also appears to explain some of the - standard model’s prediction errors. Looking - forward, U.S., fiscal consolidation alone cannot - induce significant deficit reduction. For China, - financial development might help shrink its current - account surplus, but only when it is coupled with - financial liberalization. These findings suggest - that unless countries implement substantially more - policy change, global imbalances are unlikely to - disappear.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ceiForensic.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ceiForensic.pdf:PDF}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w17513} -} - -@ARTICLE{cpCAPI, - author = {Cho, Moon J. and Carolyn M. Pickering}, - title = {Effect of Computer-Assisted Personal Interviews in - the U.S.}, - journal = {Manuscript, Bureau of Labor Statistics}, - year = 2006, - note = {\url{http://www.bls.gov/osmr/pdf/st060200.pdf}}, - file = {cpCAPI.pdf:cpCAPI.pdf:PDF}, - url = {http://www.bls.gov/osmr/pdf/st060200.pdf} -} - -@ARTICLE{christiano:lq, - author = {Christiano, Lawrence~J.}, - title = {Solving the Stochastic Growth Model by Linear - Quadratic Approximation and by Value-Function - Iteration}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {23--26}, - number = 1 -} - -@ARTICLE{CEM, - author = {Christiano, Lawrence J. and Eichenbaum, Martin and - Marshall, David}, - title = {The permanent Income Hypothesis Revisited}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {397--423}, - number = 2, - month = {Mar.}, - file = {:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/#F#:Djvu} -} - -@ARTICLE{cee:habits, - author = {Christiano, Laurence J. and Eichenbaum, Martin and - Evans, Charles L.}, - title = {Nominal Rigidities and the Dynamic Effects of a - Shock to Monetary Policy}, - journal = {Journal of Political Economy}, - year = 2005, - volume = 113, - pages = {1--45}, - number = 1, - month = {February} -} - -@MISC{christiano&eichenbaum:rbc, - author = {{Christiano, Lawrence J.} and {Martin Eichenbaum}}, - title = {Current Real Business Cycle Theories and Aggregate - Labor Market Fluctuations}, - howpublished = {Institute for Empirical Economics Discussion Paper - 24, Federal Reserve Bank of Minneapolis and - University of Minnesota}, - year = 1990 -} - -@ARTICLE{Ciccone:2002, - author = {Ciccone, Antonio}, - title = {Agglomeration effects in Europe}, - journal = {European Economic Review}, - year = 2002, - volume = 46, - pages = {213--227}, - number = 2, - month = {February} -} - -@ARTICLE{CicconeHall:1996, - author = {Ciccone, Antonio and Hall, Robert E.}, - title = {Productivity and the Density of Economic Activity}, - journal = {The American Economic Review}, - year = 1996, - volume = 86, - pages = {54--70}, - number = 1, - month = {March} -} - -@ARTICLE{claridaMeaCulpa, - author = {Clarida, Richard H}, - title = {What Has—and Has Not—Been Learned about Monetary - Policy in a Low-Inflation Environment? A Review of - the 2000s}, - journal = {Journal of Money, Credit and Banking}, - year = 2012, - volume = 44, - pages = {123--140}, - number = {s1}, - publisher = {Wiley Online Library} -} - -@ARTICLE{Clark/Wincoop:2001, - author = {Clark, Todd E. and van Wincoop, Eric}, - title = {Borders and Business Cycles}, - journal = {Journal of International Economics}, - year = 2001, - volume = 55, - pages = {59--85} -} - -@ARTICLE{cgm:lcportfolio, - author = {Cocco, Joao and Gomes, Francisco J. and Maenhout, - Pascal J.}, - title = {Consumption and Portfolio Choice Over the Life - Cycle}, - journal = {Manuscript, Harvard University}, - year = 1998 -} - -@ARTICLE{cochrane:uncertainfacts, - author = {Cochrane, John H.}, - title = {Where Is the Market Going? Uncertain Facts and Novel - Theories}, - journal = {NBER Working Paper Number 6207}, - year = 1998 -} - -@ARTICLE{cochrane:permgnp, - author = {Cochrane, John H.}, - title = {Permanent and Transitory Components of GNP and Stock - Prices}, - journal = {Quarterly Journal of Economics}, - year = 1994, - volume = 109, - pages = {241--265}, - number = 1 -} - -@ARTICLE{cochrane:nearrational, - author = {Cochrane, John H.}, - title = {The Sensitivity of Tests of the Intertemporal - Allocation of Consumption to Near-Rational - Alternatives}, - journal = {American Economic Review}, - year = 1991, - volume = 79, - pages = {319--37} -} - -@ARTICLE{cochrane:simpletest, - author = {Cochrane, John H.}, - title = {A Simple Test of Consumption Insurance}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {957--76} -} - -@ARTICLE{chk:ussav, - author = {Cohen, Darrel and Hassett, Kevin and Kennedy, James}, - title = {Are U.S. Investment and Capital Stocks at Optimal - Levels?}, - journal = {Finance and Economics Discussion Series Paper 95-32}, - year = 1995 -} - -@ARTICLE{laibsonNeuro, - author = {Cohen, Jonathan D. and Laibson, David and - Loewenstein, George and McClure, Samuel M.}, - title = {Separate Neural Systems Value Immediate and Delayed - Monetary Rewards}, - journal = {Science}, - year = 2004, - volume = 306, - month = {October} -} - -@ARTICLE{coi06, - author = {Olivier Coibion}, - title = {Inflation Inertia in Sticky Information Models}, - journal = {Contributions to Macroeconomics}, - year = 2006, - volume = 6, - pages = {1--29}, - number = 1, - note = - {http://www.bepress.com/bejm/contributions/vol6/iss1/art1} -} - -@ARTICLE{cmp:socialnorms, - author = {Cole, Harold L. and Mailath, George J. and - Postlewaite, Andrew}, - title = {Social Norms, Savings Behavior, and Growth}, - journal = {Journal of Political Economy}, - year = 1992, - volume = 100, - pages = {1092--125}, - number = 6 -} - -@ARTICLE{coleman:alg, - author = {Coleman, Wilbur~J.}, - title = {Solving the Stochastic Growth Model by - Policy-Function Iteration}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {27--31}, - number = 1 -} - -@MISC{coleman:algorig, - author = {Coleman, W.~J.}, - title = {An Algorithm to Solve Dynamic Models}, - howpublished = {Board of Governors of the Federal Reserve System - International Finance Discussion Papers Number~351}, - year = 1989 -} - -@ARTICLE{ssfReport, - author = {Stiglitz, Joseph E. and Sen, Amartya and Fitoussi, J.P.}, - title = {Report By The Commission On The Measurement Of - Economic Performance And Social Progress}, - journal = {The Commission}, - year = 2009 -} - -@TECHREPORT{cboIncomeShares, - author = {{Congressional Budget Office}}, - title = {Trends in the Distribution of Household Income - Between 1979 and 2007}, - institution = {CBO}, - year = 2011, - month = {October}, - note = - {\url{http://www.cbo.gov/sites/default/files/cbofiles/attachments/10-25-HouseholdIncome.pdf}}, - url = - {http://www.cbo.gov/sites/default/files/cbofiles/attachments/10-25-HouseholdIncome.pdf} -} - -@ARTICLE{constantinidesHabits, - author = {George M. Constantinides}, - title = {Habit Formation: A Resolution of the Equity Premium - Puzzle}, - journal = {Journal of Political Economy}, - year = 1990, - volume = 98, - pages = {519--543}, - number = 3, - month = {June} -} - -@ARTICLE{cdm:junior, - author = {Constantinidies, George M. and Donaldson, John - B. and Mehra, Rajnish}, - title = {Junior Can't Borrow: A New Perspective on the Equity - Premium Puzzle}, - journal = {NBER Working Paper No.\ 6617}, - year = 1998 -} - -@PHDTHESIS{corneliImbalances, - author = {Corneli, Flavia}, - title = {Global Imbalances: Saving and Investment Imbalances}, - school = {European University Institute}, - year = 2011 -} - -@ARTICLE{CoulibalyLiMortgage, - author = {Coulibaly, Brahima and Li, Geng}, - title = {Do Homeowners Increase Consumption after the Last - Mortgage Payment? An Alternative Test of the - Permanent Income Hypothesis}, - journal = {The Review of Economics and Statistics}, - year = 2006, - volume = 88, - pages = {10--19}, - number = 1, - month = {February}, - bdsk-url-1 = - {http://www.ingentaconnect.com/content/mitpress/restat/2006/2000000088/00000001/art00002}, - bdsk-url-2 = {http://dx.doi.org/10.1162/003465306775565693}, - doi = {doi: 10.1162/003465306775565693}, - issn = {0034-6535}, - publisher = {MIT Press}, - url = - {http://www.ingentaconnect.com/content/mitpress/restat/2006/ - 00000088/00000001/art00002} -} - -@INBOOK{ceaSaving, - chapter = 4, - title = {The Economic Report of the President, 2010}, - publisher = {Government Printing Office}, - year = 2010, - author = {{Council~of~Economic~Advisers}} -} - -@TECHREPORT{csSavingGenes, - author = {Cronqvist, Henrik and Siegel, Stephan}, - title = {The Origins of Savings Behavior}, - institution = {Institute for Financial Research}, - year = 2010, - type = {SIFR Research Report Series}, - number = 73, - abstract = {What are the origins of individual savings behavior? - Using data on identical and fraternal twins matched - with data on their savings behavior, we find that an - individual's savings propensity is governed by both - genetic predispositions, social transmission from - parents to their children, and gene-environment - interplay where certain environments moderate - genetic influences. Genetic variation explains about - 35 percent of the variation in savings rates across - individuals, and this genetic effect is stronger in - less constraining, high socioeconomic status - environments. Parent-child transmission influences - savings for young individuals and those who grew up - in a family environment with less competition for - parental resources. Individual-specific life - experiences is a very important explanation for - behavior in the savings domain, and strongest in - urban communities. In a world progressing rapidly - towards individual retirement savings autonomy, - understanding the origins of individuals' savings - behavior are of key importance to economists as well - as policy makers.}, - bdsk-url-1 = {http://econpapers.repec.org/RePEc:hhs:sifrwp:0073}, - keywords = {Savings; Consumption; Behavioral Genetics}, - url = {http://econpapers.repec.org/RePEc:hhs:sifrwp:0073} -} - -@ARTICLE{croushore:evaluating, - author = {Croushore, Dean}, - title = {Evaluating Inflation Forecasts}, - journal = {Manuscript, Federal Reserve Bank of Philadelphia}, - year = 2001 -} - -@ARTICLE{croushore:spfisgood, - author = {Croushore, Dean}, - title = {Evaluating Inflation Forecasts}, - journal = {Federal Reserve Bank of Philadelphia Working Paper - Number 98-14}, - year = 1998 -} - -@ARTICLE{Crucini:1999, - author = {Crucini, Mario J.}, - title = {On international and national dimensions of risk - sharing}, - journal = {The Review of Economics and Statistics}, - year = 1999, - volume = 81, - pages = {73--84}, - number = 1, - month = {Feb.} -} - -@ARTICLE{chh:reconsider, - author = {Cummins, Jason G. and Hassett, Kevin A. and Hubbard, - R. Glenn}, - title = {A Reconsideration of Investment Behavior Using Tax - Reforms as Natural Experiments}, - journal = {Brookings Papers on Economic Activity}, - year = 1994, - volume = 2, - pages = {1--59}, - note = {Available at { - \url{http://ideas.repec.org/p/nbr/nberre/1946.html}}} -} - -@ARTICLE{curtin:inflsurvart, - author = {Curtin, Richard T.}, - title = {Procedure to Estimate Price Expectations}, - journal = {Manuscript, University of Michigan Survey Research - Center}, - year = 1996 -} - -@ARTICLE{Curtinetal:1989, - author = {Curtin, Richard T. and Juster, F. Thomas and Morgan, - James N.}, - title = {Survey Estimates of Wealth: An Assessment of - Quality}, - journal = {The Measurement of Saving, Investment and Wealth}, - year = 1989, - volume = 52, - pages = {473--548}, - publisher = {National Bureau of Economic Research}, - series = {Studies in Income and Wealth} -} - -@ARTICLE{cutleretc:brookings, - author = {Cutler, David M. and Poterba, James M. and Sheiner, - Louise M. and Summers, Lawrence H.}, - title = {An Aging Society: Opportunity or Challenge?}, - journal = {Brookings Papers on Economic Activity, 1990:2}, - year = 1990 -} - -@ARTICLE{cfInequality, - author = {Barry Z. Cynamon and Steven M. Fazzari}, - title = {Inequality and Household Finance During the Consumer - Age}, - journal = {Working Paper, Washington University in St Louis}, - year = 2013, - month = {January} -} - -@ARTICLE{softCarp, - author = {D.A. Aruliah, C. Titus Brown, Neil P. Chue Hong, - Matt Davis, Richard T. Guy, Steven H.D. Haddock, - Katy Huff, Ian Mitchell, Mark Plumbley, Ben Waugh, - Ethan P. White, Greg Wilson, and Paul Wilson}, - title = {Best Practices for Scientific Computing}, - journal = {The Intertubes}, - year = 2012, - url = - {http://software-carpentry.org/blog/2012/10/best-practices-for-scientific-computing.html} -} - -@ARTICLE{ddfs08, - author = {D{\"}opke, J{\"}org and Dovern, Jonas and Fritsche, - Ulrich and Slacalek, Jiri}, - title = {The Dynamics of European Inflation Expectations}, - journal = {The B.E. Journal of Macroeconomics (Topics)}, - year = 2008, - volume = 8, - pages = {Article 12}, - number = 37 -} - -@TECHREPORT{ddfs05, - author = {D{\"}opke, J{\"}org and Dovern, Jonas and Fritsche, - Ulrich and Slacalek, Jiri}, - title = {European Inflation Expectation Dynamics}, - institution = {Deutsche Bundesbank}, - year = 2005, - type = {Deutsche Bundesbank discussion paper}, - number = 37 -} - -@ARTICLE{dardanoni:crosssection, - author = {Dardanoni, Valentino}, - title = {Precautionary Savings Under Income Uncertainty: A - Cross-Section Analysis}, - journal = {Applied Economics}, - year = 1991, - volume = 23, - pages = {153--160} -} - -@TECHREPORT{dav01, - author = {Melissa Davey}, - title = {Mortgage Equity Withdrawal and Consumption}, - institution = {{Bank of England, 100--103}}, - year = 2001, - type = {Quarterly Bulletin: Spring}, - pages = {100--103} -} - -@ARTICLE{dhsyECM, - author = {DAVIDSON, J. E. H. and HENDRY, DAVID F. and SRBA, - FRANK and YEO, STEVEN}, - title = {Econometric Modeling of the Aggregate Time-series - Relationship Between Consumer's Expenditure and - Income in the United Kingdom}, - journal = {Economic Journal}, - year = 1978, - volume = 88, - pages = {661--692} -} - -@TECHREPORT{davisMartinHousing, - author = {Morris A. Davis and Robert F. Martin}, - title = {Housing, House Prices, and the Equity Premium - Puzzle}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2005, - type = {Finance and Economics Discussion Series}, - number = 13 -} - -@TECHREPORT{dp01, - author = {Morris A. Davis and Michael G. Palumbo}, - title = {A Primer on the Economics and Time Series - Econometrics of Wealth Effects}, - institution = {Federal Reserve Board}, - year = 2001, - type = {FEDS working paper}, - number = 9 -} - -@TECHREPORT{davis&heathcote:landprices, - author = {Morris Davis and Jonathan Heathcote}, - title = {The Price and Quantity of Residential Land in the - United States}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2004, - type = {manuscript} -} - -@ARTICLE{davis&palumbo:wealtheffects, - author = {Davis, Morris and Palumbo, Michael}, - title = {A Primer on the Economics and Time Series - Econometrics of Wealth Effects}, - journal = {Federal Reserve Board Finance and Economics - Discussion Papers 2001-09}, - year = 2001 -} - -@MISC{DavisPalumbo:2001, - author = {Davis, Morris and Palumbo, Michael G.}, - title = {Does Stock Market Wealth Matter for Consumption?}, - howpublished = {Finance and Economics Discussion Series - 2001-23. Washington: Board of Governors of the - Federal Reserve System}, - year = 2001, - source = {Washington: Board of Governors of the Federal - Reserve System} -} - -@ARTICLE{dnKuznets, - author = {Deacon, Robert T. and Norman, Catherine S.}, - title = {Does the Environmental Kuznets Curve Describe How - Individual Countries Behave?}, - journal = {Land Economics}, - year = 2006, - volume = 82, - pages = {pp.291--315}, - number = 2, - abstract = {We examine within-country time series data on income - and concentrations of SO2, smoke, and particulates - to see if the shapes of pollution-income - relationships in individual countries agree - qualitatively with predictions of the environmental - Kuznets curve. The shapes of these relationships are - determined non-parametrically for individual - countries using recently available data on air - pollution concentrations. For smoke and - particulates, the shapes of within-country, - pollution-income patterns do not agree with the EKC - hypothesis more often than chance would dictate. For - SO2, which generally exhibits EKC-consistent - pollution-income relationships among wealthier - countries, the observed patterns are also consistent - with a simpler hypothesis.}, - copyright = {Copyright (c) 2006 The Board of Regents of the - University of Wisconsin System}, - doi = {10.3368/le.82.2.291}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dnKuznets.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dnKuznets.pdf:PDF}, - issn = 00237639, - jstor_articletype ={research-article}, - jstor_formatteddate ={May, 2006}, - language = {English}, - publisher = {University of Wisconsin Press}, - url = {http://www.jstor.org/stable/27647709} -} - -@ARTICLE{dhprvInequality, - author = {DeBacker, Jason and Heim, Bradley and Panousi, Vasia - and Ramnath, Shanthi and Vidangos, Ivan}, - title = {Rising Inequality: Transitory or Persistent? New - Evidence from a Panel of U.S. Tax Returns}, - journal = {Brookings Papers on Economic Activity}, - year = 2013, - volume = {Spring}, - pages = {67--122}, - owner = {akmaral}, - timestamp = {2014.02.02}, - url = {http://home.comcast.net/~bradheim/files/inequality_23Jan2013_all.pdf} -} - -@TECHREPORT{deb04, - author = {Guy Debelle}, - title = {Macroeconomic Implications of Rising Household Debt}, - institution = {Bank for International Settlements}, - year = 2004, - type = {working paper}, - number = 153 -} - -@ARTICLE{debelleDebt, - author = {Debelle, Guy}, - title = {Macroeconomic Implications of Rising Household Debt}, - journal = {Bank of International Settlements Working Paper - Number 513}, - year = 2004 -} - -@INCOLLECTION{debelle&fischer:cred, - author = {Debelle, Guy and Fischer, Stanley}, - title = {How Independent Should a Central Bank Be?}, - booktitle = {Goals, Guidelines, and Constraints Facing Monetary - Policymakers}, - publisher = {Federal Reserve Bank of Boston}, - year = 1994, - editor = {Fuhrer, Jeffrey C.}, - pages = {195--221}, - note = {Federal Reserve Bank of Boston Conference Series 38} -} - -@ARTICLE{DSW:2004, - author = {Dejuan, Joseph P. and Seater, John J. and Wirjanto, - Tony S.}, - title = {A direct test of the permanent Income Hypothesis - with an Application to the U.S. states}, - journal = {Journal of Money Credit and Banking}, - year = 2004, - volume = 36, - pages = {1091--1103}, - number = 6 -} - -@ARTICLE{dekle:miracle, - author = {Dekle, Robert}, - title = {Raising Saving Rates: {L}essons from the {J}apanese - Experience}, - journal = {Background Paper Prepared for {\it The East Asia - Miracle Project}}, - year = 1993, - address = {New York}, - publisher = {Oxford University Press} -} - -@ARTICLE{DelNegro:2002, - author = {Del Negro, Marco}, - title = {Asymmetric shocks among U.S. states}, - journal = {Journal of International Economics}, - year = 2002, - volume = 56 -} - -@PHDTHESIS{DelNegro:1998, - author = {Del Negro, Marco}, - title = {Aggregate Risk Sharing Across US States and Across - European Countries}, - school = {Yale University}, - year = 1998 -} - -@ARTICLE{ds04, - author = {Marco {Del Negro} and Frank Schorfheide}, - title = {Priors from General Equilibrium Models for VARs}, - journal = {International Economic Review}, - year = 2004, - volume = 45, - pages = {643--673}, - number = 2 -} - -@ARTICLE{deLongPeel, - author = {DeLong, J. Bradford}, - title = {Republic of the Central Banker}, - journal = {The American Prospect}, - year = 2008, - month = {October 27}, - note = {Available at - \url{http://www.prospect.org/cs/articles?article=republic_of_the_central_banker}} -} - -@ARTICLE{denhaan, - author = {Den Haan, Wouter J.}, - title = {Assessing the Accuracy of the Aggregate Law of - Motion in Models with Heterogeneous Agents}, - journal = {Jouranl of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {79--99}, - number = 1, - month = {January} -} - -@ARTICLE{denhaan:comparison, - author = {Den Haan, Wouter J.}, - title = {Comparison of Solutions to the Incomplete Markets - Model with Aggregate Uncertainty}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {4--27}, - number = 1, - month = {January} -} - -@ARTICLE{denhaan:agents, - author = {{Den Haan}, Wouter J.}, - title = {Understanding Equilibrium Models with a Small and a - Large Number of Agents}, - journal = {Manuscript, University of California at San Diego}, - year = 1996 -} - -@ARTICLE{denhaan:modelb, - author = {Den Haan, Wouter J. and Judd, Ken and Julliard, - Michel}, - title = {Description of Model B and Exercises}, - journal = {Manuscript}, - year = 2007 -} - -@ARTICLE{denhann:comp, - author = {Den Haan, Wouter J. and Judd, Kenneth L. and - Juillard, Michel}, - title = {Computational Suite of Models with Heterogeneous - Agents: Incomplete Markets and Aggregate - Uncertainty}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {1--3}, - number = 1, - month = {January} -} - -@ARTICLE{denhaan&rendahl, - author = {Den~Haan, Wouter J. and Rendahl, Pontus}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty Using Explicit Aggregation}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {69--78}, - number = 1, - month = {January} -} - -@MISC{bea:survey, - author = {Department of Commerce, Bureau of Economic Analysis}, - title = {Survey of Current Business}, - year = {periodic} -} - -@MISC{bea:wealth, - author = {Department of Commerce, Bureau of Economic Analysis}, - title = {Fixed Reproducible Tangible Wealth in the {U}nited - {S}tates, 1925-85}, - year = 1986, - note = {Updated periodically in the Survey of Current - Business} -} - -@ARTICLE{consumerGEP, - author = {{Deutsche Bank Securities}}, - title = {Global Economic Perspectives: Risks to US Consumer - Spending Overrated}, - journal = {Deutsche Bank Global Markets Research: Macro}, - year = 2012, - month = {February 14, 2012}, - file = {consumerGEP.pdf:consumerGEP.pdf:PDF} -} - -@ARTICLE{dl91, - author = {Diamond, Jr., Douglas B. and Michael J. Lea}, - title = {The Decline of Special Circuits in Developed Country - Housing Finance}, - journal = {Housing Policy Debate}, - year = 1991, - volume = 3, - pages = {747--777}, - number = 3 -} - -@ARTICLE{diamondSearch, - author = {Diamond, Peter A.}, - title = {Aggregate Demand Management in Search Equilibrium}, - journal = {Journal of Political Economy}, - year = 1982, - volume = 90, - pages = {881--894}, - month = {October} -} - -@INCOLLECTION{diebold&lopez:forecastbias, - author = {Diebold, Francis X. and Lopez, Jose A.}, - title = {Forecast Evaluation and Combination}, - booktitle = {Handbook of Statistics}, - publisher = {North Holland}, - year = 1996, - editor = {Maddala, G.S. and Rao, C.R.}, - pages = {241--68}, - address = {Amsterdam} -} - -@ARTICLE{dghNegativeEquity, - author = {Disney, Richard and Gathergood, John and Henley, - Andrew}, - title = {House Price Shocks, Negative Equity, and Household - Consumption in the United Kingdom}, - journal = {Manuscript, University of Nottingham}, - year = 2008, - month = {October} -} - -@TECHREPORT{DisneyEtAl:2003, - author = {Disney, Richard and Henley, Andrew and Jevons, - David}, - title = {House Price Shocks, Negative Equity and Household - Consumption in the UK in the 1990s}, - institution = {University of Nottingham}, - year = 2003, - type = {memo}, - month = Aug -} - -@BOOK{dixit&pindyck:option, - title = {Investment Under Uncertainty}, - publisher = {Princeton University Press}, - year = 1994, - author = {Dixit, Avinash K. and Pindyck, Robert S.}, - address = {Princeton, NJ} -} - -@ARTICLE{dfhsCognitive, - author = {Thomas Dohmen and Armin Falk and David Huffman and - Uwe Sunde}, - title = {Are Risk Aversion and Impatience Related to - Cognitive Ability?}, - journal = {American Economic Review}, - year = 2010, - volume = 100, - pages = {1238--60}, - number = 3, - month = {June}, - note = - {\url{http://ideas.repec.org/a/aea/aecrev/v100y2010i3p1238-60.html}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dfhsCognitive.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dfhsCognitive.pdf:PDF}, - url = - {http://ideas.repec.org/a/aea/aecrev/v100y2010i3p1238-60.html} -} - -@MISC{Doornik1994, - author = {Doornik, J. and Hansen, H.}, - title = {An omnibus test for univariate and multivariate - normality}, - year = 1994, - bdsk-url-1 = {http://citeseer.ist.psu.edu/doornik94omnibu.html}, - text = {Doornik, J. A., & Hansen, H. (1994). An omnibus test - for univariate and multivariate normality (Working - paper). NuOEeld College, Oxford.}, - url = {http://citeseer.ist.psu.edu/doornik94omnibu.html} -} - -@MISC{doornik94omnibus, - author = {J. Doornik and H. Hansen}, - title = {An omnibus test for univariate and multivariate - normality}, - year = 1994, - text = {Doornik, J. A., & Hansen, H. (1994). An omnibus test - for univariate and multivariate normality (Working - paper). NuOEeld College, Oxford.}, - url = {citeseer.ist.psu.edu/doornik94omnibu.html} -} - -@ARTICLE{dkw:Ss, - author = {Dotsey, Michael and King, Robert G. and Wolman, - Alexander L.}, - title = {State Dependent Pricing and the General Equilibrium - Dynamics of Money and Output}, - journal = {Quarterly Journal of Economics}, - year = 1999, - volume = 114, - pages = {655--690} -} - -@ARTICLE{DrezeModigliani, - author = {Dr\`eze, Jacques H. and Modigliani, Franco}, - title = {Consumption Decisions Under Uncertainty}, - journal = {Journal of Economic Theory}, - year = 1972, - volume = 5, - pages = {308--335} -} - -@ARTICLE{dua&ray:arima, - author = {Dua, Pami and Ray, Subash C.}, - title = {ARIMA Models of the Price Level: An Assessment of - the Multilevel Adaptive Learning Process in the USA}, - journal = {Journal of Forecasting}, - year = 1992, - volume = 11, - pages = {507--16} -} - -@BOOK{duesenberry:BOOK, - title = {Income, Saving, and the Theory of Consumer Behavior}, - publisher = {Harvard University Press}, - year = 1949, - author = {Duesenberry, James S.}, - address = {Cambridge, MA} -} - -@ARTICLE{duncan&hill:measerr, - author = {Duncan, Gregory J. and Hill, Daniel H.}, - title = {An Investigation of the Extent and Consequences of - Measurement Error in Labor-Economic Survey Data}, - journal = {Journal of Labor Economics}, - year = 1985, - volume = 3, - number = 4 -} - -@MISC{dunn:paper2, - author = {Dunn, Wendy E.}, - title = {Unemployment Risk, Precautionary Saving, and Durable - Goods Purchase Decisions}, - howpublished = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1998 -} - -@article{CoeurdacierGuibaudJin2015, - title = {Credit Constraints and growth in a Global Economy}, - author = {Coeurdacier, Nicolas and St\'ephane Guibaud and Keyu Jin}, - journal = {American Economic Review}, - volume = {105}, - number = {9}, - pages = {2838-81}, - year = {2015}, -} - -@ARTICLE{JeanneBrookings, - author = {Jeanne, Olivier}, - title = {International Reserves in Emerging Market Countries: - Too Much of a Good Thing?}, - journal = {Brookings Papers on Economic Activity}, - year = 2007, - volume = 2007, - pages = {1--55} -} - - -@article{dmtMercant, -Author = {Durdu, Ceyhun Bora and Mendoza, Enrique G. and Terrones, Marco E.}, -Journal = {Journal of Development Economics}, -Title = {Precautionary Demand for Foreign Assets in Sudden Stop Economies: an Assessment of the New Mercantilism}, -Year = {2009}, -Volume={89}, -Pages={194 - 209} -} -@ARTICLE{dmtMercant-FedWP, - author = {Durdu, Ceyhun Bora and Mendoza, Enrique G. and - Terrones, Marco E.}, - title = {Precautionary Demand for Foreign Assets in Sudden - Stop Economies: An Assessment of the New - Mercantilism}, - journal = {FRB International Finance Discussion Paper No. 911}, - year = 2007, - month = {December} -} - -@ARTICLE{duyganTurk94, - author = {Duygan, Burcu}, - title = {Welfare Cost of Financial Crises When Risk-Sharing - Is Imperfect: Evidence from Turkey}, - journal = {Manuscript, European University Institute}, - year = 2006 -} - -@ARTICLE{dkEcRec07, - author = {Nikola Dvornak and Marion Kohler}, - title = {Housing Wealth, Stock Market Wealth and Consumption: - A Panel Analysis for Australia}, - journal = {Economic Record}, - year = 2007, - volume = 83, - pages = {117--130}, - number = 261 -} - -@ARTICLE{dynanDeleveraging, - author = {Dynan, Karen E.}, - title = {Is Household Debt Overhang Holding Back - Consumption?}, - journal = {Brookings Papers on Economic Activity}, - year = 2012, - month = {March}, - note = - {\url{http://www.brookings.edu/~/media/Files/Programs/ES/BPEA/2012_spring_bpea_papers/2012_spri}}, - url = - {http://www.brookings.edu/~/media/Files/Programs/ES/BPEA/2012_spring_bpea_papers/2012_spri} -} - -@ARTICLE{ad85, - author = {Angus Deaton}, - title = {Panel Data from Time Series and Cross Sections}, - year = 1985, - journal = {Journal of Econometrics}, - volume = 30, - pages = {109-26} -} - -@ARTICLE{dynanHabits, - author = {Dynan, Karen E.}, - title = {Habit Formation in Consumer Preferences: Evidence - from Panel Data}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - number = 3, - note = {\url{http://www.jstor.org/stable/117335}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dynanHabits.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dynanHabits.pdf:PDF}, - url = {http://www.jstor.org/stable/117335} -} - -@ARTICLE{dynan:lawrenceiswrong, - author = {Dynan, Karen E.}, - title = {The rate of time preference and shocks to wealth: - evidence from panel data}, - journal = {Economic Activity Section Working Paper no. 134}, - year = 1993, - month = {July} -} - -@ARTICLE{dynan:precautionary, - author = {Dynan, Karen E.}, - title = {How Prudent Are Consumers?}, - journal = {Journal of Political Economy}, - year = 1993, - volume = 101, - pages = {1104--1113}, - number = 6 -} - -@ARTICLE{dk:hhdebt, - author = {Dynan, Karen E. and Kohn, Donald L.}, - title = {The Rise in U.S.\ Household Indebtedness: Causes and - Consequences}, - journal = {Finance and Economics Discussion Series 2007-37}, - year = 2007 -} - -@TECHREPORT{dynanKohnDebt, - author = {Karen E. Dynan and Donald L. Kohn}, - title = {The Rise in U.S. Household Indebtedness: Causes and - Consequences}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2007, - type = {International Finance Discussion Paper}, - number = 37 -} - -@ARTICLE{dynan&maki:stockmarket, - author = {Dynan, Karen E. and Maki, Dean M.}, - title = {Does Stock Market Wealth Matter for Consumption?}, - journal = {Board of Governors of the Federal Reserve System, - Finance and Economics Discussion Papers 23}, - year = 2001 -} - -@ARTICLE{Dynan2012, - author = {Karen Dynan}, - title = {Is a Household Debt Overhang Holding Back - Consumption?}, - journal = {Brookings Papers on Economic Activity}, - year = 2012, - volume = {Spring}, - pages = {299--362}, - owner = {akmaral}, - timestamp = {2014.02.02} -} - -@MISC{DynanMaki:2001, - author = {Dynan, Karen E. and Maki, Dean M.}, - title = {A Primer on the Economics and Time Series - Econometrics of Wealth Effects}, - howpublished = {Finance and Economics Discussion Series - 2001-9. Washington: Board of Governors of the - Federal Reserve System}, - year = 2001, - source = {Washington: Board of Governors of the Federal - Reserve System} -} - -@ARTICLE{dsz:richsave, - author = {Dynan, Karen E. and Skinner, Jonathan S. and Zeldes, - Stephen P.}, - title = {Do the Rich Save More?}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1996 -} - -@INCOLLECTION{easterlin:cult, - author = {Easterlin, Richard}, - title = {Does Economic Growth Improve the Human Lot? Some - Empirical Evidence}, - booktitle = {Nations and Households in Economic Growth. Essays in - Honour of Moses Abramowitz}, - publisher = {Academic Press}, - year = 1974, - address = {New York and London}, - note = - {\url{http://graphics8.nytimes.com/images/2008/04/16/business/Easterlin1974.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/easterlinGrowth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/easterlinGrowth.pdf:PDF}, - url = - {http://graphics8.nytimes.com/images/2008/04/16/business/Easterlin1974.pdf} -} - -@ARTICLE{elNotFactor, - author = {Easterly, William and Levine, Ross}, - title = {What Have We Learned From A Decade Of Empirical - Research On Growth? It's Not Factor Accumulation: - Stylized Facts And Growth Models}, - journal = {The World Bank Economic Review}, - year = 2001, - volume = 15, - pages = {177--219}, - number = 2, - publisher = {World Bank} -} - -@ARTICLE{ekpsLuck, - author = {Easterly, William and Kremer, Michael and Pritchett, - Lant and Summers, Lawrence H.}, - title = {Good Policy or Good Luck?}, - journal = {Journal of Monetary Economics}, - year = 1993, - volume = 32, - pages = {459--483}, - number = 3, - publisher = {Elsevier} -} - -@ARTICLE{abel&eberly:unified, - author = {Eberly, Janice and Abel, Andrew}, - title = {A Unified Model of Investment Under Uncertainty}, - journal = {American Economic Review}, - year = 1994, - volume = 84, - pages = {1369--1384}, - number = 5, - month = {December}, - note = {Available at { - \url{http://ideas.repec.org/a/aea/aecrev/v84y1994i5p1369-84.html}}} -} - -@ARTICLE{eberly:flexible, - author = {Eberly, Janice C.}, - title = {Flexible (S,s) Bands, Uncertainty, and Aggregate - Consumer Durables Purchases}, - journal = {Working Paper, University of Pennsylvania}, - year = 1997 -} - -@ARTICLE{eberly:jpe, - author = {Eberly, Janice C.}, - journal = {Journal of Political Economy}, - year = 1993 -} - -@BOOK{ceaARRAsixth, - title = {The Economic Impact of the American Recovery and - Reinvestment Act of 2009}, - publisher = {Government Printing Office}, - year = 2011, - author = {President's~Council~of~Economic~Advisers}, - address = {Washington, DC}, - month = {March}, - bdsk-url-1 = - {http://www.whitehouse.gov/the-press-office/2011/03/18/cea-releases-sixth-quarterly-report-economic-impact-recovery-act}, - day = 18, - url = - {http://www.whitehouse.gov/the-press-office/2011/03/18/cea-releases-sixth-quarterly-report-economic-impact-recovery-act} -} - -@ARTICLE{EdelsteinEtAl:2004, - author = {Edelstein, Robert H. and Lum, Sau Kim}, - title = {House prices, wealth effects, and the Singapore - macroeconomy}, - journal = {Journal of Housing Economics}, - year = 2004, - volume = 13, - pages = {342--367} -} - -@ARTICLE{edison&slok:neweconomy, - author = {Edison, Hali and k, Torsten Sl{\o}k}, - title = {Wealth Effects and the New Economy}, - journal = {IMF Working Paper 01/77}, - year = 2001 -} - -@ARTICLE{EdwardsCyclical, - author = {Edwards, Ryan D.}, - title = {The Cost of Cyclical Mortality}, - journal = {The B.E. Journal of Macroeconomics (Contributions)}, - year = 2009, - volume = 9, - note = {Available at - {\url{http://www.bepress.com/bejm/vol9/iss1/art7}, - DOI: 10.2202/1935-1690.1729}}, - issue = {1, Article 7} -} - -@MISC{edwards:whysave, - author = {Edwards, Sebastian}, - title = {Why are Saving Rates so Different Across Countries?: - An International Comparative Analysis}, - howpublished = {NBER Working Paper 5097}, - year = 1995 -} - -@TECHREPORT{ecb05b, - author = {Ehrmann, Michael and Fratzscher, Marcel}, - title = {Communication and Decision-making by Central Bank - Committees: Different Strategies, same - Effectiveness?}, - institution = {European Central Bank}, - year = 2005, - type = {European Central Bank Working Paper}, - number = 488 -} - -@TECHREPORT{eissa04, - author = {Eissa, Nada and Kleven, Henrik Jacobsen and Kreiner, - Claus Thustrup}, - title = {Evaluation of Four Tax Reforms in the {U}nited - {S}tates: {L}abor Supply and Welfare Effects for - Single Mothers}, - institution = {National Bureau of Economic Research, Inc}, - year = 2004, - type = {NBER Working Papers}, - number = 10935 -} - -@ARTICLE{elliott:restricted, - author = {Elliott, Graham}, - title = {Estimating Restricted Cointegrating Vectors}, - journal = {Journal of Business and Economic Statistics}, - year = 2000, - volume = 18, - pages = {91--99} -} - -@ARTICLE{elliott:initial, - author = {Elliott, Graham}, - title = {Efficient Tests for a Unit Root When the Initial - Observation is Drawn from its Unconditional - Distribution}, - journal = {International Economic Review}, - year = 1999, - volume = 40, - pages = {767--783}, - number = 3, - month = {August} -} - -@ARTICLE{elliott:almost, - author = {Elliott, Graham}, - title = {On the Robustness of Cointegration Methods When - Regressors Almost Have Unit Roots}, - journal = {Econometrica}, - year = 1998, - volume = 66, - pages = {149--158}, - number = 1, - month = {January} -} - -@ARTICLE{elliottfatas:current, - author = {Elliott, Graham and Fat\`as, Antonio}, - title = {International business cycles and the dynamics of - the current account}, - journal = {European Economic Review}, - year = 1996, - volume = 40, - pages = {361--387} -} - -@ARTICLE{elliottito:hetero, - author = {Elliott, Graham and Ito, Takatoshi}, - title = {Heterogeneous expectations and tests of Efficiency - in the yen/dollar forward exchange rate market}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 43, - pages = {435--456} -} - -@ARTICLE{elliottjansson:stationary, - author = {Elliott, Graham and Jansson, Michael}, - title = {Testing for unit roots with stationary covariates}, - journal = {Journal of Econometrics}, - year = 2003, - volume = 115, - pages = {75--89}, - number = 1, - month = {July} -} - -@ARTICLE{ejp:optimalpower, - author = {Elliott, Graham and Jansson, Michael and Pesavento, - Elena}, - title = {Optimal Power for Testing Potential Cointegrating - Vectors with Known Parameters for Nonstationarity}, - journal = {Working Paper, Department of Economics, University - of California at San Diego}, - year = 2002 -} - -@ARTICLE{ekt:loss, - author = {Elliott, Graham and Komunjer, Ivana and Timmermann, - Allan G.}, - title = {Estimating Loss Function Parameters}, - journal = {CEPR Discussion Paper No. 3821}, - month = {March 2003} -} - -@ARTICLE{elliottstock:nearone, - author = {Elliott, Graham and Stock, James H.}, - title = {Confidence intervals for autoregressive coefficients - near one}, - journal = {Journal of Econometrics}, - year = 2001, - volume = 103, - pages = {155--181}, - number = {1-2} -} - -@ARTICLE{et:forecast, - author = {Elliott, Graham and Timmermann, Allan}, - title = {Optimal Forecast Combinations Under General Loss - Functions and Forecast Error Distributions}, - journal = {Forthcoming, Journal of Forecasting}, - year = 2004 -} - -@ARTICLE{et:regime, - author = {Elliott, Graham and Timmermann, Allan}, - title = {Optimal Forecast Combination Under Regime Switching}, - journal = {Forthcoming, International Economic Review}, - year = 2004 -} - -@ARTICLE{ellison&fudenberg:social, - author = {Ellison, Glen and Fudenberg, Drew}, - title = {Word-of-Mouth Communication and Social Learning}, - journal = {Quarterly Journal of Economics}, - year = 1995, - volume = 110, - pages = {93--125} -} - -@ARTICLE{EngenGruber:UI, - author = {Engen, Eric and Gruber, Jonathan}, - title = {Unemployment Insurance and Precautionary Saving}, - journal = {Journal of Monetary Economics}, - year = 2001, - volume = 47, - pages = {545--579} -} - -@ARTICLE{englund&ioannides:houseprices, - author = {Englund, Peter and Ioannides, Yannis}, - title = {House Price Dynamics: An International Empirical - Perspective}, - journal = {Journal of Housing Economics}, - year = 1997, - volume = 6, - pages = {119--136} -} - -@TECHREPORT{ecb05, - author = {{European Central Bank}}, - title = {Inflation Persistence and Price Setting Behaviour in - the Euro Area}, - year = 2005, - type = {report}, - note = {available at {\footnotesize - \url{http://www.ecb.int/home/pdf/research/inflationpersistencepricesettingreport.pdf}}} -} - -@TECHREPORT{ecb03, - author = {{European Central Bank}}, - title = {Structural Factors in the EU Housing Markets}, - institution = {European Central Bank}, - year = 2003, - type = {report}, - note = {available at {\footnotesize - \url{http://www.ecb.eu/pub/pdf/other/euhousingmarketsen.pdf}}} -} - -@TECHREPORT{elp02, - author = {Evans, Charles L. and Liu, Chin Te and Pham--Kanter, - Genevieve}, - title = {The 2001 Recession and the Chicago Fed National - Activity Index: Identifying Business Cycle Turning - Points}, - institution = {Federal Reserve Bank of Chicago}, - year = 2002, - type = {Economic Perspectives}, - pages = {26--43} -} - -@BOOK{evans&honk:book, - title = {Learning and Expectations in Macroeconomics}, - publisher = {Princeton University Press}, - year = 2001, - author = {Evans, George W. and Honkapohja, Seppo}, - address = {Princeton} -} - -@ARTICLE{evans&honk:survey, - author = {Evans, George W. and Honkapohja, Seppo}, - title = {Learning Dynamics}, - journal = {Manuscript, University of Oregon}, - year = 1999 -} - -@ARTICLE{evansInterestElasticity, - author = {Evans, Owen J.}, - title = {Tax Policy, the Interest Elasticity of Saving, and - Capital Accumulation: Numerical Analysis of - Theoretical Models}, - journal = {The American Economic Review}, - year = 1983, - pages = {398--410}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/evansInterestElasticity.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/evansInterestElasticity.pdf:PDF}, - publisher = {JSTOR} -} - -@ARTICLE{fama:inherit, - author = {Fama, Eugene F.}, - title = {Multiperiod Consumption-Investment Decisions}, - journal = {American Economic Review}, - year = 1970, - volume = 60, - pages = {163--74}, - number = 1 -} - -@ARTICLE{fhnRisk, - author = {Fan, Lin and Hobbs, Benjamin F. and Norman, - Catherine S.}, - title = {Risk Aversion And CO2 Regulatory Uncertainty In - Power Generation Investment: Policy And Modeling - Implications}, - journal = {Journal of Environmental Economics and Management}, - year = 2010, - volume = 60, - pages = {193--208}, - number = 3, - note = {\\ - \url{http://dx.doi.org/10.1016/j.jeem.2010.08.001}}, - doi = {10.1016/j.jeem.2010.08.001}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhnRisk.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhnRisk.pdf:PDF}, - publisher = {Elsevier}, - url = {http://dx.doi.org/10.1016/j.jeem.2010.08.001} -} - -@ARTICLE{faust:robust, - author = {Faust, Jon}, - title = {The Robustness of Identified VAR Conclusions About - Money}, - journal = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1998, - volume = 49, - pages = {207--244} -} - -@ARTICLE{faust:errors, - author = {Faust, Jon and Rogers, John}, - title = {Monetary Policy's Role in Exchange Rate Behavior}, - journal = {Journal of Monetary Economics}, - year = 2003, - volume = 50, - pages = {1403--24}, - number = 7, - month = {October} -} - -@ARTICLE{frsw:identifying, - author = {Faust, Jon and Rogers, John H. and Swanson, Eric and - Wright, Jonathan H.}, - title = {Identifying the Effects Of Monetary Policy Shocks On - Exchange Rates Using High Frequency Data}, - journal = {Journal of the European Economic Association}, - year = 2003, - volume = 1, - pages = {1031--57}, - month = {September} -} - -@ARTICLE{fhw:stigma, - author = {Fay, Scott and Hurst, Erik and White, Michelle}, - title = {The Bankruptcy Decision: Does Stigma Matter?}, - journal = {University of Michigan Working Paper}, - year = 1998, - volume = {98-1} -} - -@ARTICLE{fhp, - author = {Fazzari, Stephen and Hubbard, R. Glenn and Petersen, - Bruce C.}, - title = {Financing Constraints and Corporate Investment}, - journal = {Brookings Papers on Economic Activity}, - year = 1988, - volume = 1988, - pages = {141--206}, - number = 1, - bdsk-url-1 = - {http://links.jstor.org/sici?sici=0007-2303%281988%291988%3A1%3C141%3AFCACI%3E2.0.CO%3B2-O}, - url = - {http://links.jstor.org/sici?sici=0007-2303%281988%291988%3A1%3C141%3AFCACI%3E2.0.CO%3B2-O} -} - -@ARTICLE{flLifeCycleUncert, - author = {Feigenbaum, James and Geng Li}, - title = {Life Cycle Dynamics of Income Uncertainty and - Consumption}, - journal = {B.E. Journal of Macroeconomics}, - year = 2012, - volume = {12: Iss. 1 (Advances), Article 11} -} - -@ARTICLE{flUncert, - author = {Feigenbaum, James and Li, Geng}, - title = {Lifecycle Dynamics of Income Uncertainty and - Consumption}, - year = 2011 -} - -@ARTICLE{feldsteinInfl, - author = {Feldstein, M.}, - title = {{Inflation, tax rules and the stock market* 1}}, - journal = {Journal of Monetary Economics}, - year = 1980, - volume = 6, - pages = {309--331}, - number = 3, - issn = {0304-3932}, - publisher = {Elsevier} -} - -@ARTICLE{feldstein:myopic, - author = {Feldstein, Martin S.}, - title = {The Optimal Level of Social Security Benefits}, - journal = {Quarterly Journal of Economics}, - year = 1985, - volume = 100, - pages = {303--19} -} - -@Article{feldstein:induced, - Title = {Social Security, Induced Retirement, and Aggregate - Capital Formation}, - Author = {Feldstein, Martin S.}, - Journal = {Journal of Political Economy}, - Year = 1974, - Month = {October}, - Note = {Available at { - \url{http://www.jstor.org/stable/1829174}}}, - Number = 4, - Pages = {905--926}, - Volume = 82, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1829174} -} - -@ARTICLE{feldstein&horioka:sequalsi, - author = {Feldstein, Martin S. and Horioka, Charles Y.}, - title = {Domestic Saving and International Capital Flows}, - journal = {Economic Journal}, - year = 1980, - volume = 90, - pages = {314--29}, - month = {June} -} - -@ARTICLE{fernandez-corugedo:softlc, - author = {Fernandez-Corugedo, Emilio}, - title = {Soft Liquidity Constraints and Precautionary - Savings}, - journal = {Manuscript, Bank of England}, - year = 2000 -} - -@ARTICLE{fpb:consumption, - author = {Fernandez-Corugedo, Emilio and Price, Simon and - Blake, Andrew}, - title = {The Dynamics of Consumer's Expenditure: the UK - Consumption ECM Redux}, - journal = {Bank of England Working Paper 204}, - year = 2003 -} - -@TECHREPORT{fpb03, - author = {Fernandez-Corugedo, Emilio and Price, Simon and - Blake, Andrew}, - title = {The Dynamics of Consumers’ Expenditure: The UK - Consumption ECM Redux}, - institution = {Bank of England}, - year = 2003, - type = {working paper}, - number = 204 -} - -@BOOK{fisherInterestTheory, - title = {The Theory of Interest}, - publisher = {MacMillan}, - year = 1930, - author = {Fisher, Irving}, - address = {New York} -} - -@TECHREPORT{fisherEtAl:HsngBooms, - author = {Fisher, Lance A. and Otto, Glenn and Voss, Graham}, - title = {Housing Booms, Non-Financial Wealth and Consumption: - Lessons from the Australian Experience}, - institution = {University of Victoria}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{fishe&idson:infohetero, - author = {Fisher, Raymond P. H. and Idson, Todd L.}, - title = {Information-Induced Heteroscedasticity in Price - Expectations Data}, - journal = {Review of Economics and Statistics}, - year = 1990, - volume = 72, - pages = {304--312}, - number = 2 -} - -@INCOLLECTION{flavinHousingAndWealth, - author = {Flavin, Marjorie}, - title = {Housing and Wealth Portfolios}, - booktitle = {International Encyclopedia of Housing and Home}, - publisher = {Elsevier}, - year = {Forthcoming}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHousingAndWealth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHousingAndWealth.pdf:PDF} -} - -@ARTICLE{flavinHAdjMacro, - author = {Flavin, Marjorie}, - title = {Housing, Adjustment Costs, and Macro Dynamics}, - journal = {CESifo Economics Studies Conference on Housing - Taxation and Regulation, 19–20 November 2010, - Munich}, - year = 2010, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHAdjMacro.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHAdjMacro.pdf:PDF}, - url = {http://dx.doi.org/10.1093/cesifo/ifr019} -} - -@TECHREPORT{flavinEndogenousRA, - author = {Flavin, Marjorie}, - title = {Housing, Adjustment Costs, and Endogenous Risk - Aversion}, - year = 2009, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinEndogenousRA.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinEndogenousRA.pdf:PDF}, - journal = {Bank of Spain conference on Household Finance and - Macroeconomics, Madrid, 15-16 October, 2009} -} - -@ARTICLE{flavinSmoothness, - author = {Flavin, Marjorie}, - title = {The Excess Smoothness of Consumption: Identification - and Interpretation}, - journal = {The Review of Economic Studies}, - year = 1993, - volume = 60, - number = 3, - month = {June}, - note = {\\ \url{http://www.jstor.org/stable/2298129}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinSmoothness.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinSmoothness.pdf:PDF}, - url = {http://www.jstor.org/stable/2298129} -} - -@ARTICLE{flavinLCorMyopia, - author = {Flavin, Marjorie}, - title = {Excess Sensitivity of Consumption to Current - Income:Liquidity Constraints or Myopia?}, - journal = {NBER Working Paper Number 1314}, - year = 1984, - note = {\\ - \url{http://www.worldcat.org/title/excess-sensitivity-of-consumption-to-current-income-liquidity-constraints-or-myopia/oclc/72446615}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinLCorMypopia.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinLCorMyopia.pdf:PDF}, - url = - {http://www.worldcat.org/title/excess-sensitivity-of-consumption-to-current-income-liquidity-constraints-or-myopia/oclc/72446615} -} - -@TECHREPORT{flavinRobust, - author = {Marjorie A. Flavin}, - title = {The Joint Consumption/Asset Demand Decision: A Case - Study in Robust Estimation}, - institution = {National Bureau of Economic Research}, - year = 1991, - type = {Working Paper}, - number = 3802, - month = {August}, - abstract = {The paper uses a previously unexploited data set -- - the Michigan Survey of Consumer Finances -- to ask - whether the finding that consumption tracks current - income more closely than is consistent with the - permanent income hypothesis can be attributed solely - or partially to borrowing constraints. Using - household data on income and asset stocks, the paper - studies the saving side of the consumption/saving - decision, and thus provides inferences on a - comprehensive concept of consumption. To limit the - influence of outliers, the paper uses a robust - instrumental variables estimator, and argues that - achieving robustness with respect to leverage points - is actually simpler, both conceptually and - computationally, in an instrumental variables - context than in the OLS context. The results - indicate that households do use asset stocks to - smooth their consumption, although this smoothing is - far from complete. However, there is no evidence - that the excess sensitivity of consumption to - current income is caused by borrowing - constraints. Compared to the conventional results, - the robust instrumental variables estimates are more - stable across different subsamples, more consistent - with the theoretical specification of the model, and - indicate that some of the most striking findings in - the conventional results were attributable to a - single, highly unusual observation.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinRobust.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinRobust.pdf:PDF}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w3802} -} - -@Article{flavinSensitive, - Title = {The Adjustment of Consumption to Changing - Expectations About Future Income}, - Author = {Flavin, Marjorie B.}, - Journal = {Journal of Political Economy}, - Year = 1981, - Note = {\\ \url{http://www.jstor.org/stable/1830816}}, - Pages = {974--1009}, - Volume = 89, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1830816} -} - -@ARTICLE{fy00, - author = {Marjorie A. Flavin and Takashi Yamashita}, - title = {Owner-Occupied Housing and the Composition of the - Household Portfolio over the Life-Cycle}, - journal = {American Economic Review}, - year = 2000, - volume = 92, - pages = {345--62} -} - -@TECHREPORT{fn04, - author = {Marjorie Flavin and Shinobu Nakagawa}, - title = {A Model of Housing in the Presence of Adjustment - Costs: A Structural Interpretation of Habit - Persistence}, - institution = {National Bureau of Economic Research}, - year = 2004, - type = {working paper}, - number = 10458 -} - -@ARTICLE{fyHousingLC, - author = {Flavin, Marjorie and Takashi Yamashita}, - title = {Owner-Occupied Housing: Life-Cycle Implications for - the Household Portfolio}, - journal = {American Economic Review: Papers and Proceedings}, - year = 2011, - volume = 101, - pages = {609-–614}, - number = 3, - note = {\\ \url{http://www.aeaweb.org/articles.php?doi= - 10.1257/aer.101.3.609}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingLifeCycle.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingLifeCycle.pdf:PDF}, - url = - {http://www.aeaweb.org/articles.php?doi=10.1257/aer.101.3.609} -} - -@ARTICLE{fyPortfolio, - author = {Flavin, Marjorie and Takashi Yamashita}, - title = {Owner-Occupied Housing: The Role of Collateral - Constraints on the Household Portfolio}, - journal = {Manuscript, UCSD}, - year = 2011, - month = {October}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyPortfolio.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyPortfolio.pdf:PDF} -} - -@ARTICLE{fyHousingHHPortfolio, - author = {Flavin, Marjorie and Yamashita, Takashi}, - title = {Owner-Occupied Housing and the Composition of the - Household Portfolio}, - journal = {The American Economic Review}, - year = 2002, - volume = 92, - pages = {pp.345--362}, - number = 1, - note = {\\ \url{http://www.jstor.org/stable/3083338}}, - copyright = {Copyright © 2002 American Economic Association}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingHHPortfolio.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingHHPortfolio.pdf:PDF}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={Mar., 2002}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/3083338} -} - -@ARTICLE{FlemingRemolona:whatmoves, - author = {Fleming, Michael and Remolona, Eli}, - title = {What Moves the Bond Market?}, - journal = {Federal Reserve Bank of New York Economic Policy - Review}, - year = 1997, - volume = 3, - pages = {31--50} -} - -@INCOLLECTION{fm00, - author = {Flemming, J.S. and Micklewright, John}, - title = {Income distribution, economic systems and - transition}, - booktitle = {Handbook of Income Distribution}, - publisher = {Elsevier}, - year = 2000, - editor = {Atkinson, Anthony B. and Bourguignon, Frank}, - pages = {843--918}, - address = {Cambridge, MA} -} - -@ARTICLE{fogliPerriMod, - author = {Fogli, Alessandra and Perri, Fabrizio}, - title = {The `Great Moderation' and the U.S.\ External - Imbalance}, - journal = {NBER Working Paper Number w12708}, - year = 2006, - month = {November} -} - -@TECHREPORT{fksvvFDIpty, - author = {Christian Fons-Rosen and Sebnem Kalemli-Ozcan and - Bent E. S{\o}rensen and Carolina Villegas-Sanchez - and Vadym Volosovych}, - title = {Quantifying Productivity Gains from Foreign - Investment}, - institution = {National Bureau of Economic Research}, - year = 2013, - type = {Working Paper}, - number = 18920, - month = {March}, - abstract = {We quantify the causal effect of foreign investment - on total factor productivity (TFP) using a new - global firm-level database. Our identification - strategy relies on exploiting the difference in the - amount of foreign investment by financial and - industrial investors and simultaneously controlling - for unobservable firm and country-sector-year - factors. Using our well identified firm level - estimates for the direct effect of foreign ownership - on acquired firms and for the spillover effects on - domestic firms, we calculate the aggregate impact of - foreign investment on country-level productivity - growth and find it to be very small.}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18920} -} - -@TECHREPORT{fglr04, - author = {Forni, Mario and Giannone, Domenico and Lippi, Marco - and Reichlin, Lucrezia}, - title = {Opening the Black Box: Structural Factor Models - versus Structural VARs}, - institution = {Universit{\'}e Libre de Bruxelles}, - year = 2004, - type = {mimeo} -} - -@BOOKLET{fanniemae:housesize, - title = {Opening the Door to a Home of Your Own}, - author = {Foundation, Fannie Mae}, - address = {Washington, D.C.}, - year = 1997 -} - -@ARTICLE{francisCapitalistSpirit, - author = {Francis, Johanna L.}, - title = {Wealth and the capitalist spirit}, - journal = {Journal of Macroeconomics}, - year = 2009, - volume = 31, - pages = {394--408}, - number = 3, - doi = {10.1016/j.jmacro.2008.10.007}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/francisCapitalistSpirit.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/francisCapitalistSpirit.pdf:PDF}, - issn = {0164-0704}, - keywords = {Capitalist spirit}, - url = - {http://www.sciencedirect.com/science/article/pii/S0164070408000785} -} - -@BOOK{frank:rightpond, - title = {On Choosing the Right Pond: Human Behavior and the - Quest for Status}, - publisher = {Oxford University Press}, - year = 1985, - author = {Frank, Robert H.}, - address = {New York} -} - -@ARTICLE{fratantoni:housing, - author = {Fratantoni, Michael}, - title = {Homeownership, Committed Expenditure Risk, and the - Stockholding Puzzle}, - journal = {Oxford Economic Papers}, - year = 2001, - volume = 53, - pages = {241--259}, - number = 2, - month = {April} -} - -@ARTICLE{fratantoni:empirical, - author = {Fratantoni, Michael C.}, - title = {Homeownership and Investment in Risky Assets}, - journal = {Journal of Urban Economics}, - year = 1998, - volume = 44, - pages = {27--42} -} - -@ARTICLE{fratantoni:equitypremium, - author = {Fratantoni, Michael C.}, - title = {Income Uncertainty and the Equity Premium Puzzle}, - journal = {Manuscript, Johns Hopkins University}, - year = 1998 -} - -@ARTICLE{friedman:extreme, - author = {Friedman, Benjamin M.}, - title = {Optimal Expectations and the Extreme Information - Assumptions of `Rational Expectations' Macromodels}, - journal = {Journal of Monetary Economics}, - year = 1979, - volume = 5, - pages = {23--41} -} - -@ARTICLE{friedmanMoney, - author = {Friedman, Milton}, - title = {The Role of Monetary Policy: Presidential Address to - the American Economic Association}, - journal = {American Economic Review}, - year = 1968, - volume = 58, - pages = {1--15}, - number = 1 -} - -@INCOLLECTION{as-if, - author = {Friedman, Milton}, - title = {Methodology in Positive Economics}, - booktitle = {Essays in Positive Economics}, - publisher = {University Of Chicago Press}, - year = 1966, - pages = {3--43}, - month = {August}, - abstract = {{"}Stimulating, provocative, often infuriating, but - well worth reading.{"}--Peter Newman, Economica - {"}His critical blast blows like a north wind - against the more pretentious erections of modern - economics. It is however a healthy and invigorating - blast, without malice and with a sincere regard for - scientific objectivity.{"}--K.E. Boulding, Political - Science Quarterly {"}Certainly one of the most - engrossing volumes that has appeared recently in - economic theory.{"}--William J. Baumol, Review of - Economics and Statistics}, - bdsk-url-1 = - {http://www.amazon.ca/exec/obidos/redirect?tag=citeulike09-20%5C&path=ASIN/0226264033}, - citeulike-article-id =2716803, - comment = {CHIFLEY HB33.F7}, - howpublished = {Paperback}, - keywords = {agents, economics, file-import-08-04-25, parsimony, - rationality}, - posted-at = {2008-04-25 06:53:12}, - priority = 2, - url = - {http://www.amazon.ca/exec/obidos/redirect?tag=citeulike09-20\&path=ASIN/0226264033} -} - -@INCOLLECTION{friedmanBodkinComments, - author = {Friedman, Milton}, - title = {Comments}, - booktitle = {Consumption and Saving}, - publisher = {University of Pennsylvania Press}, - year = 1960, - address = {Philadelphia} -} - -@techreport{leBlancGeorgarakos:IncomeProcessesInEurope, - author = {Julia {\noopsort{Blanc}}{Le Blanc} and Dimitris - Georgarakos}, - institution = {Goethe University Frankfurt}, - type = {mimeo}, - title = {How Risky Is Their Income? Labor Income Processes in - Europe}, - year = 2013, -} - -@article{fuchsSchuendelnEtAl:IncomeGermany, - author = {Nicola Fuchs-Schuendeln and Dirk Krueger and Mathias - Sommer}, - journal = {Review of Economic Dynamics}, - number = 1, - pages = {103--132}, - title = {Inequality Trends for Germany in the Last Two - Decades: A Tale of Two Countries}, - volume = 13, - year = 2010, -} - -@INCOLLECTION{friedman:windfalls, - author = {Friedman, Milton A.}, - title = {Windfalls, the `Horizon,' and Related Concepts in - the Permanent Income Hypothesis}, - booktitle = {Measurement in Economics}, - publisher = {Stanford University Press}, - year = 1963, - editor = {Christ, Carl}, - pages = {1--28} -} - -@BOOK{friedman:essays, - title = {Essays in Positive Economics}, - publisher = {University of Chicago Press}, - year = 1953, - author = {Friedman, Milton A.}, - address = {Chicago} -} - -@ARTICLE{fs:shock, - author = {Fuchs-Sch{\"}undeln, Nicola}, - title = {The Response of Household Saving to the Large Shock - of German Reunification}, - journal = {Manuscript, Harvard University}, - year = 2007 -} - -@ARTICLE{fs:germany, - author = {Fuchs-Schuudeln, Nicola and Schundeln, - Matthias}, - title = {Precautionary Savings and Self-Selection: Evidence - from the German Reunification {``}Experiment{''}}, - journal = {Quarterly Journal of Economics}, - year = 2005, - volume = 120, - pages = {1085--1120}, - number = 3 -} - -@TECHREPORT{fuh05, - author = {Fuhrer, Jeffrey C.}, - title = {Intrinsic and Inherited Inflation Persistence}, - institution = {Federal Reserve Bank of Boston}, - year = 2005, - type = {Working Paper}, - number = {05-08} -} - -@ARTICLE{fuh00, - author = {Fuhrer, Jeffrey C.}, - title = {Habit Formation in Consumption and Its Implication - for Monetary-Policy Models}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {367--390}, - number = 3 -} - -@ARTICLE{fuhrer:habits, - author = {Fuhrer, Jeffrey C.}, - title = {Habit Formation in Consumption and its Implications - for Monetary Policy Models}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {367--390}, - number = 3, - month = {June}, - note = {\url{http://www.jstor.org/stable/117334}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fuhrerHabits.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fuhrerHabits.pdf:pdf}, - url = {http://www.jstor.org/stable/117334} -} - -@ARTICLE{fuhrer&klein:riskyhabits, - author = {Fuhrer, Jeffrey C. and Klein, Michael W.}, - title = {Risky Habits: On Risk Sharing, Habit Formation, and - the Interpretation of International Consumption - Correlations}, - journal = {NBER Working Paper No. 6735}, - year = 1998 -} - -@ARTICLE{fuhrer&moore:persistence, - author = {Fuhrer, Jeffrey C. and Moore, George R.}, - title = {Inflation Persistence}, - journal = {Quarterly Journal of Economics}, - year = 1995, - volume = 110, - pages = {127--159}, - number = 1 -} - -@BOOK{fullerton&rogers:incidence, - title = {Who Bears the Lifetime Tax Burden}, - publisher = {The Brookings Institution}, - year = 1993, - author = {{Fullerton, Don} and {Diane L. Rogers}}, - address = {Washington, D.C.} -} - -@ARTICLE{futia:invariant, - author = {Futia, Carl A.}, - title = {Invariant Distributions and the Limiting Behavior of - Markovian Economic Models}, - journal = {Econometrica}, - year = 1982, - volume = 50, - pages = {377--408}, - number = 2 -} - -@INPROCEEDINGS{gabaix&laibson:6Dbias, - author = {Gabaix, Xavier and Laibson, David}, - title = {The 6D Bias and the Equity Premium Puzzle}, - booktitle = {NBER Macroeconomics Annual}, - year = 2002, - editor = {Bernanke, Ben and Rogoff, Kenneth}, - pages = {257--312}, - address = {Cambridge, MA}, - publisher = {MIT Press} -} - -@ARTICLE{gabaix&laibson:6d, - author = {Gabaix, Xavier and Laibson, David}, - title = {The 6D Bias and and the Equity Premium Puzzle}, - journal = {NBER Macroeconomics Annual}, - year = 2001, - pages = {257--312} -} - -@TECHREPORT{go04, - author = {Gadzinski, Gregory and Orlandi, Fabrice}, - title = {Inflation Persistence for the EU Countries, the Euro - Area and the US}, - institution = {European Central Bank}, - year = 2004, - type = {ECB working paper}, - number = 414 -} - -@ARTICLE{gakidis:stocksforold, - author = {Gakidis, Haralobos E.}, - title = {Stocks for the Old? Earnings Uncertainty and - Life-Cycle Portfolio Choice}, - journal = {Manuscript, Massachusetts Institute of Technology}, - year = 1998 -} - -@ARTICLE{gali:joneses, - author = {Gal{\'}{i}, Jordi}, - title = {Keeping Up with the Joneses: Consumption - Externalities, Portfolio Choice, and Asset Prices}, - journal = {Journal of Money, Credit, and Banking}, - year = 1994, - volume = 26, - pages = {1--8}, - number = 1 -} - -@ARTICLE{gale:survey, - author = {Gale, Douglas}, - title = {What Have We Learned from Social Learning?}, - journal = {European Economic Review}, - year = 1996, - volume = 40, - pages = {617--628} -} - -@ARTICLE{gale&scholz:intergen, - author = {Gale, William G. and Scholz, John Karl}, - title = {Intergenerational Transfers and the Accumulation of - Wealth}, - journal = {Journal of Economic Perspectives}, - year = 1994, - volume = 8, - pages = {145--160}, - number = 4 -} - -@ARTICLE{gg99, - author = {Gali, Jordi and Gertler, Mark}, - title = {Inflation Dynamics: A Structural Econometric - Approach}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 4, - pages = {195--222}, - number = 2 -} - -@ARTICLE{gm07, - author = {{Galu{\v} s{\v} c{{\'}a}k}, Kamil and M{\"}unich, - Daniel}, - title = {Structural and Cyclical Unemployment: What Can Be - Derived from the Matching Function? (in {E}nglish)}, - journal = {Czech Journal of Economics and Finance (Finance a - uver, ISSN: 0015-1920)}, - year = 2007, - volume = 57, - pages = {102--125}, - number = {3--4} -} - -@ARTICLE{gm05, - author = {{Galu{\v} s{\v} c{{\'}a}k}, Kamil and M{\"}unich, - Daniel}, - title = {Regional Wage Adjustments and Unemployment: - Estimating the Time-Varying Wage Curve (in - {E}nglish)}, - journal = {Czech Journal of Economics and Finance (Finance a - uver, ISSN: 0015-1920)}, - year = 2005, - volume = 55, - pages = {68--82}, - number = {1--2} -} - -@TECHREPORT{gp05, - author = {{Galu{\v} s{\v} c{{\'}a}k}, Kamil and Pavel, Jan}, - title = {Does Work Pay? {I}ncidence of Unemployment and - Inactivity Traps in the {Czech Republic}}, - institution = {Czech National Bank, Prague}, - year = 2005, - type = {mimeo} -} - -@misc{carroll:reviewgapinsky, - journal = {Journal of Economic Literature}, - author = {Gapinsky, James H.}, - year = {1994}, - volume = {32}, - number = {4}, - note = {Book Review}, - title = {The Economics of Saving} -} - -@ARTICLE{garner:debt, - author = {Garner, C. Alan}, - title = {Can Measures of the Consumer Debt Burden Reliably - Predict an Economic Slowdown?}, - journal = {Federal Reserve Bank of Kansas City}, - year = 1996, - volume = 81, - pages = {63--76}, - number = 4 -} - -@ARTICLE{GarrettEtAl:2004, - author = {Garrett, Thomas A. and Hern\`{a}ndez-Murillo, - Rub\`{e}n and Owyang, Michael T.}, - title = {Does Consumer Sentiment Predict Regional - Consumption?}, - journal = {Federal Reserve Bank of St. Louis Review}, - year = 2004, - volume = 87, - pages = {123--35}, - number = 2, - month = {March} -} - -@ARTICLE{geiregat:jobmarket, - author = {Geiregat, Christopher}, - title = {Banks, Capital Constraints, and Aggregate - Fluctuations}, - journal = {Unpublished Manuscript, Johns Hopkins University}, - year = 2000 -} - -@ARTICLE{gmLossAversion, - author = {Genesove, David and Mayer, Christopher}, - title = {Loss Aversion and Seller Behavior: Evidence from the - Housing Market}, - journal = {The Quarterly Journal of Economics}, - year = 2001, - volume = 116, - pages = 1233, - number = 4, - publisher = {Oxford University Press} -} - -@ARTICLE{gentry&hubbard:wealthysave, - author = {Gentry, William M. and Hubbard, R. Glenn}, - title = {Why Do the Wealthy Save So Much? Saving and - Investment Decisions of Entrepreneurs}, - journal = {Manuscript, Columbia University}, - year = 1998 -} - -@ARTICLE{gfwDisagree, - author = {Gerardi, Kristofer S. and Foote, Christopher L. and - Willen, Pauls S.}, - title = {Reasonable People Did Disagree: Optimism and - Pessimism about the U.S.\ Housing Market Before the - Crash}, - journal = {Public Policy Discussion Paper}, - year = 2010, - publisher = {Federal Reserve Bank of Boston} -} - -@TECHREPORT{ger01, - author = {Gerberding, Christina}, - title = {The Information Content of Survey Data on Expected - Price Developments for Monetary Policy}, - institution = {Deutsche Bundesbank}, - year = 2001, - type = {discussion paper}, - number = 9 -} - -@ARTICLE{goJME, - author = {Ghosh, Atish R. and Ostry, Jonathan D.}, - title = {Macroeconomic Uncertainty, Precautionary Saving, and - the Current Account}, - journal = {Journal of Monetary Economics}, - year = 1997, - volume = 40, - pages = {121--139} -} - -@BOOK{gmw:opt, - title = {Practical Optimization}, - publisher = {Academic Press}, - year = 1981, - author = {{Gill,~P.~E., W.~Murray} and {M.~H.~Wright}}, - address = {New York} -} - -@ARTICLE{Glaeser:1992, - author = {Glaeser, Edward L and Kallal, Hedi D. and - Scheinkman, Jose A. and Shleifer, Andrei}, - title = {Growth in Cities}, - journal = {Journal of Political Economy}, - year = 1992, - volume = 100, - pages = {1126--52}, - number = 6, - month = {December} -} - -@ARTICLE{glick&rogoff:currentacct, - author = {Glick, Reuven and Rogoff, Kenneth S.}, - title = {Global Versus Country-Specific Productivity Shocks - and the Current Account}, - journal = {Journal of Monetary Economics}, - year = 1995, - volume = 35, - pages = {159--192}, - number = 1, - month = {February} -} - -@ARTICLE{gp04, - author = {Golinelli, Roberto and Parigi, Giuseppe}, - title = {Consumer Sentiment and Economic Activity: A Cross - Country Comparison}, - journal = {Journal of Business Cycle Measurement and Analysis}, - year = 2004, - volume = 1, - pages = {147--170}, - number = 2 -} - -@INCOLLECTION{gollier:classical, - author = {Gollier, Christian}, - title = {What Does the Classical Theory Have to Say About - Household Portfolios?}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, - Tullio} -} - -@ARTICLE{GomesMichaelides:optimal, - author = {Gomes, Francisco and Michaelides, Alexander}, - title = {Optimal Life-Cycle Asset Allocation: Understanding - the Empirical Evidence}, - journal = {Journal of Finance}, - year = 2005, - volume = 60, - pages = {869--904}, - number = 2, - month = {April} -} - -@ARTICLE{GomesMichaelides:intl, - author = {Gomes, Francisco and Michaelides, Alexander}, - title = {International Portfolio Choice, Liquidity - Constraints and the Home Equity Bias Puzzle}, - journal = {Journal of Economic Dynamics and Control}, - year = 2003, - volume = 28, - pages = {555--594}, - number = 3, - month = {December} -} - -@ARTICLE{goodman&ittner:houseestimates, - author = {Goodman, J. L. and Ittner, J. B.}, - title = {The Accuracy of Homeowner's Estimates of House - Value}, - journal = {Journal of Housing Economics}, - year = 1992, - volume = 2, - pages = {339--357} -} - -@ARTICLE{gorman1953community, - author = {Gorman, William M.}, - title = {{Community Preference Fields}}, - journal = {Econometrica}, - year = 1953, - volume = 21, - pages = {63--80}, - number = 1, - publisher = {JSTOR} -} - -@ARTICLE{Gorodnichenko:2010tp, - author = {Gorodnichenko, Yuriy and Sabirianova Peter, Klara - and Stolyarov, Dmitriy}, - title = {Inequality and volatility moderation in Russia: - Evidence from micro-level panel data on consumption - and income}, - journal = {Review of Economic Dynamics}, - year = 2010, - volume = 13, - pages = {209--237}, - number = 1, - date-added = {2013-04-07T23:23:14GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{Review_of_Economic_Dynamics_2010_Gorodnichenko.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Gorodnichenko/Review_of_Economic_Dynamics_2010_Gorodnichenko.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Gorodnichenko/Review_of_Economic_Dynamics_2010_Gorodnichenko.pdf}, - rating = 0, - uri = - {\url{papers2://publication/uuid/03D7B199-CBA8-442F-9ACF-E36D895B959D}}, - url = - {http://www.sciencedirect.com/science/article/pii/S1094202509000556} -} - -@ARTICLE{gmEJvarTrends, - author = {Gottschalk, Peter and Moffitt, Robert A.}, - title = {Trends in the Transitory Variance of Earnings in the - United States}, - journal = {Economic Journal}, - year = 2002, - volume = {112(478)}, - pages = {C68-C73}, - month = {March}, - publisher = {Royal Economic Society} -} - -@ARTICLE{gourinchas:gelifecycle, - author = {Gourinchas, Pierre-Olivier}, - title = {Precautionary Savings, the Life Cycle, and - Macroeconomics}, - journal = {Manuscript, Princeton University}, - year = 1999 -} - -@article{gourinchasJeannePuzzle, - title = {Capital Flows to Developing Countries: The Allocation Puzzle}, - author = {Pierre-Olivier Gourinchas and Olivier Jeanne}, - journal = {Review of Economic Studies}, - volume={80}, - pages={1484-1515}, - year = {2013}, -} -@ARTICLE{gourinchasJeannePuzzleNBERWP, - author = {Gourinchas, Pierre-Olivier and Jeanne, Olivier}, - title = {Capital Flows to Developing Countries: The - Allocation Puzzle}, - journal = {NBER Working Paper w13602}, - year = 2007 -} - -@ARTICLE{gpCoverLC, - author = {Pierre-Olivier Gourinchas and Jonathan A. Parker}, - title = {Consumption Over the Lifecycle}, - journal = {Econometrica}, - year = 2002, - volume = 70, - pages = {47--89}, - number = 1, - month = {January} -} - -@MISC{bog:flow, - author = {of Governors of the Federal Reserve System, Board}, - title = {Flow of Funds Accounts Financial Assets and - Liabilities, Year-End}, - year = {periodic} -} - -@BOOK{grahamDodd, - title = {Securities Analysis}, - publisher = {McGraw-Hill}, - year = 1934, - author = {Graham, Benjamin and Dodd, David}, - address = {New York} -} - -@INCOLLECTION{grantKeynes, - author = {Grant, Susan}, - title = {Chapter 3. The Key Skills of an Economists}, - booktitle = {Teaching and Assessing Skills in Economics}, - publisher = {Cambridge University Press}, - year = 2009, - note = {Available at - \url{http://assets.cambridge.org/97805215/48250/excerpt/9780521548250_excerpt.pdf}} -} - -@INPROCEEDINGS{gw07, - author = {Green, Richard K. and Wachter, Susan M.}, - title = {The Housing Finance Revolution}, - booktitle = {Housing, Housing Finance and Monetary Policy}, - year = 2007, - pages = {21--67}, - publisher = {Jackson Hole Symposium, Federal Reserve Bank of - Kansas City} -} - -@BOOK{greene:metrixtext, - title = {Econometric Analysis}, - publisher = {Prentice Hall}, - year = 2000, - author = {Greene, William H.}, - edition = 4 -} - -@BOOK{greene:econometrics, - title = {Econometrics}, - publisher = {MacMillan}, - year = 1990, - author = {Greene, William H.}, - address = {New York}, - edition = {Second} -} - -@ARTICLE{greenspan:debt, - author = {Greenspan, Alan}, - title = {Statement to the U.S. House Committee on Ways and - Means, December 18, 1991}, - journal = {Federal Reserve Bulletin}, - year = 1992, - volume = 78, - pages = {122--124}, - number = 2 -} - -@ARTICLE{greenspan&cohen:scrappage, - author = {Greenspan, Alan and Cohen, Darrel}, - title = {Motor Vehicle Stocks, Scrappage, and Sales}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1997 -} - -@TECHREPORT{gk05, - author = {Greenspan, Alan and Kennedy, James}, - title = {Estimates of Home Mortgage Originations, Repayments, - and Debt on One-to-Four-Family Residences}, - institution = {Federal Reserve Board}, - year = 2005, - type = {FEDS working paper}, - number = {2005--41} -} - -@article{gross&souleles:creditcards, - title={Do Liquidity Constraints and Interest Rates Matter for Consumer Behavior? Evidence from Credit Card Data*}, - author={Gross, David B and Souleles, Nicholas S}, - journal={The Quarterly journal of economics}, - volume={117}, - number={1}, - pages={149--185}, - year={2002}, - publisher={Oxford University Press} - } - -@ARTICLE{gross&souleles:bankruptcy, - author = {Gross, David B. and Souleles, Nicholas S.}, - title = {Explaining the Rise in Bankruptcy and Delinquency: - Stigma Versus Risk-Composition}, - journal = {Manuscript, University of Pennsylvania}, - year = 1998 -} - -@ARTICLE{gru04, - author = {Gruber, Joseph W.}, - title = {A Present Value Test of Habits and the Current - Account}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - pages = {1495--1507}, - number = 7 -} - -@ARTICLE{grHabits, - author = {Alessandra Guariglia and Mariacristina Rossi}, - title = {Consumption, Habit Formation, and Precautionary - Saving: Evidence from the British Household Panel - Survey}, - journal = {Oxford Economic Papers}, - year = 2002, - volume = 54, - pages = {1--19} -} - -@ARTICLE{gjt:smallPS, - author = {Guiso, Luigi and Jappelli, Tullio and Terlizzese, - Daniele}, - title = {Earnings Uncertainty and Precautionary Saving}, - journal = {Journal of Monetary Economics}, - year = 1992, - volume = 30, - pages = {307--37}, - number = 2 -} - -@ARTICLE{guiso+paiella-risk, - author = {Guiso, Luigi and Paiella, Monica}, - title = {Risk Aversion, Wealth and Background Risk}, - journal = {C.E.P.R. Discussion Papers}, - year = 2001, - number = 2728, - month = mar, - note = {available at - http://ideas.repec.org/p/cpr/ceprdp/2728.html}, - type = {CEPR Discussion Papers} -} - -@ARTICLE{gsz:culture, - author = {Guiso, Luigi and Sapienza, Paola and Zingales, - Luigi}, - title = {Does Culture Affect Economic Outcomes?}, - journal = {Journal of Economic Perspectives}, - year = 2006, - note = {available at - http://ideas.repec.org/p/cpr/ceprdp/5505.html} -} - -@ARTICLE{GuvenenLearning, - author = {Guvenen, Fatih}, - title = {Learning Your Earning: Are Labor Income Shocks - Really Very Persistent?}, - journal = {American Economic Review}, - year = 2007, - volume = 97, - pages = {687--712}, - number = 3 -} - -@Article{gosCyclical, - author = {Fatih Guvenen and Serdar Ozkan and Jae Song}, - title = {{The Nature of Countercyclical Income Risk}}, - journal = {Journal of Political Economy}, - year = 2014, - volume = 122, - number = 3, - pages = {621--660}, - abstract = {This paper studies the cyclical nature of individual - income risk using a confidential dataset from the - U.S. Social Security Administration, which contains - (uncapped) earnings histories for millions of - individuals. The base sample is a nationally - representative panel containing 10 percent of all - U.S. males from 1978 to 2010. We use these data to - decompose individual income growth during recessions - into “between-group” and “within-group” - components. We begin with the behavior of - within-group shocks. Contrary to past research, we - do not find the variance of idiosyncratic income - shocks to be countercyclical. Instead, it is the - left-skewness of shocks that is strongly - countercyclical. That is, during recessions, the - upper end of the shock distribution collapses—large - upward income movements become less likely—whereas - the bottom end expands—large drops in income become - more likely. Thus, while the dispersion of shocks - does not increase, shocks become more left skewed - and, hence, risky during recessions. Second, to - study between-group differences, we group - individuals based on several observable - characteristics at the time a recession hits. One of - these characteristics—the average income of an - individual at the beginning of a business cycle - episode—proves to be an especially good predictor of - fortunes during a recession: prime-age workers that - enter a recession with high average earnings suffer - substantially less compared with those who enter - with low average earnings (which is not the case - during expansions). Finally, we find that the - cyclical nature of income risk is dramatically - different for the top 1 percent compared with all - other individuals—even relative to those in the top - 2 to 5 percent. }, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18035} -} - -@ARTICLE{denHaanMarcet:parameterized, - author = {den Haan, Wouter J and Marcet, Albert}, - title = {Solving the Stochastic Growth Model by - Parameterizing Expectations}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {31--34}, - number = 1, - month = {January}, - note = {Available at - {\url{http://ideas.repec.org/a/bes/jnlbes/v8y1990i1p31-34.html}}} -} - -@ARTICLE{hl:interpreting, - author = {Hahn, Jaehoon and Lee, Hangyong}, - title = {Interpreting the Predictive Power of the - Consumption-Wealth Ratio}, - journal = {University of Washington Working Paper}, - year = 2005 -} - -@ARTICLE{hahn&lee:cwunstable, - author = {Hahn, Jaehoon and Lee, Hangyong}, - title = {On the Estimation of the Consumption-Wealth Ratio: - Cointegrating Parameter Instability and its - Implications for Stock Return Forecasting}, - journal = {Manuscript, Columbia University}, - year = 2001 -} - -@TECHREPORT{hl01, - author = {Jaehoon Hahn and Hangyong Lee}, - title = {On the Estimation of the Consumption-Wealth Ratio: - Cointegrating Parameter Instability and its - Implications for Stock Return Forecasting}, - institution = {Columbia University}, - year = 2001, - type = {mimeo} -} - -@ARTICLE{haliassos&bertaut:fewholdstocks, - author = {Haliassos, Michael and Bertaut, Carol}, - title = {Why Do So Few Hold Stocks?}, - journal = {The Economic Journal}, - year = 1995, - volume = 105, - pages = {1110--1129} -} - -@INCOLLECTION{HaliassosMichaelides:computation, - author = {Haliassos, Michael and Michaelides, Alexander}, - title = {Calibration and Computation of Household Portfolio - Models}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2002, - editor = {Guiso, Luigi and Haliassos, Michael and Japelli, - Tullio}, - chapter = 2, - pages = {55--101} -} - -@ARTICLE{haliassos&michaelides:ier, - author = {Haliassos, Michael and Michaelides, Alexander}, - title = {Portfolio Choice and Liquidity Constraints}, - journal = {International Economic Review}, - year = 2003, - volume = 44, - pages = {143--177}, - number = 1, - note = {available at - http://ideas.repec.org/a/ier/iecrev/v44y2003i1p143-177.html} -} - -@ARTICLE{hrw:relevance, - author = {Hall, Alastair R. and Rudebusch, Glenn D. and - Wilcox, David W.}, - title = {Judging Instrument Relevance In Instrumental - Variables Estimation}, - journal = {International Economic Review}, - year = 1996, - volume = 37, - pages = {283--298}, - number = 2 -} - -@ARTICLE{hall:cweak, - author = {Hall, Robert E.}, - title = {Macro Theory and the Recession of 1990-1991}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {275--279}, - number = 2 -} - -@Article{hallSubstitution, - Title = {Intertemporal Substitution in Consumption}, - Author = {Hall, Robert E.}, - Journal = {Journal of Political Economy}, - Year = 1988, - Note = {Available at - {\url{http://www.stanford.edu/~rehall/Intertemporal-JPE-April-1988.pdf}}}, - Pages = {339-357}, - Volume = {XCVI}, - Owner = {Nic Johnson}, - Url = - {http://www.stanford.edu/~rehall/Intertemporal-JPE-April-1988.pdf} -} - - -@ARTICLE{hall&jones:ptyofnations, - author = {Hall, Robert E. and Jones, Charles I.}, - title = {Why Do Some Countries Produce So Much More Output - per Worker than Others?}, - journal = {Quarterly Journal of Economics}, - year = 1999, - volume = {CXIV}, - pages = {83--116}, - month = {February} -} - -@ARTICLE{hall&jorgenson:i, - author = {Hall, Robert E. and Jorgenson, Dale}, - title = {Tax Policy and Investment Behavior}, - journal = {American Economic Review}, - year = 1967, - volume = 57, - month = {June}, - note = {Available at { - \url{http://www.stanford.edu/~rehall/Tax-Policy-AER-June-1967.pdf}}} -} - -@ARTICLE{hall&mishkin:transitory, - author = {Hall, Robert E. and Mishkin, Frederic}, - title = {The Sensitivity of Consumption to Transitory Income: - Evidence from PSID Households}, - journal = {Econometrica}, - year = 1982, - volume = {L}, - pages = {461--81} -} - -@BOOK{hr95, - title = {The Flat Tax}, - publisher = {Hoover Institution Press}, - year = 1995, - author = {Hall and Rabushka}, - address = {Stanford} -} - -@ARTICLE{hst99, - author = {Ham, John C. and Svejnar, Jan and Terrell, - Katherine}, - title = {Women's Unemployment during Transition}, - journal = {The Economics of Transition}, - year = 1999, - volume = 7, - pages = {47--78}, - number = 1 -} - -@ARTICLE{hst98, - author = {Ham, John C. and Svejnar, Jan and Terrell, - Katherine}, - title = {Unemployment and the Social Safety Net during - Transitions to a Market Economy: Evidence from the - {C}zech and {S}lovak Republics}, - journal = {American Economic Review}, - year = 1998, - volume = 88, - pages = {1117--42}, - number = 5 -} - -@ARTICLE{hhkCoint, - author = {Hamburg, Britta and Hoffmann, Mathias and Keller, - Joachim}, - title = {Consumption, Wealth, and Business Cycles in Germany}, - journal = {Empirical Economics}, - year = 2008, - volume = 34, - pages = {451--476}, - number = 3 -} - -@TECHREPORT{hhk05, - author = {Hamburg, Britta and Hoffmann, Mathias and Keller, - Joachim}, - title = {Consumption, Wealth and Business Cycles in Germany}, - institution = {Deutsche Bundesbank}, - year = 2005, - type = {discussion paper}, - number = 16 -} - -@ARTICLE{hamilton:growthcycles, - author = {Hamilton, James D}, - title = {A New Approach to the Economic Analysis of - Nonstationary Time Series and the Business Cycle}, - journal = {Econometrica}, - year = 1989, - volume = 57, - pages = {357--384}, - month = {March} -} - -@ARTICLE{fhLimitations, - author = {Hamilton, James D. and Marjorie A. Flavin}, - title = {On the Limitations of Government Borrowing: A - Framework for Empirical Testing}, - journal = {The American Economic Review}, - year = 1986, - volume = 76, - pages = {808--819}, - number = 4, - month = {September}, - note = {\\ \url{http://www.jstor.org/stable/1806077}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhGovBorrowing.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhGovBorrowing.pdf:PDF}, - url = {http://www.jstor.org/stable/1806077} -} - -@TECHREPORT{han04, - author = {Handjiyska, Boriana}, - title = {Adjustment of Household Inflation Expectations in - Five OECD Countries}, - institution = {Johns Hopkins University}, - year = 2004, - type = {mimeo} -} - -@ARTICLE{han01, - author = {Hansen, Bruce E.}, - title = {The New Econometrics of Structural Change: Dating - Breaks in U.S.\ Labor Productivity}, - journal = {Journal of Economic Perspectives}, - year = 2001, - volume = 15, - pages = {117--28}, - number = 4 -} - -@MISC{hansen:hours, - author = {Hansen, Gary D.}, - title = {Fluctuations in Total Hours Worked: A Study Using - Efficiency Units}, - howpublished = {Working Paper, University of Minnesota}, - year = 1984 -} - -@ARTICLE{hansen&wright, - author = {Hansen, Gary D. and Wright, Randall}, - title = {The Labor Market in Real Business Cycle Theory}, - journal = {Federal Reserve Bank of Minneapol Quarterly Review}, - year = 1992, - volume = 16 -} - -@ARTICLE{hansen:gmm, - author = {Hansen, Lars M.}, - title = {Large Sample Properties of Generalized Method of - Moments Estimators}, - journal = {Econometrica}, - year = 1982, - pages = {1029--1054} -} - -@BOOK{hlp:inequalities, - title = {Inequalities}, - publisher = {Cambridge University Press}, - year = 1967, - author = {Hardy, Godfrey Harold and Littlewood, John E. and - Polya, George}, - edition = {Second} -} - -@ARTICLE{laibsonHarrisInstant, - author = {Harris, Christopher and Laibson, David I.}, - title = {Instantaneous Gratification}, - journal = {Manuscript, Harvard University}, - year = 2004 -} - -@ARTICLE{hjmrTemporal, - author = {Harrison, G.W. and Johnson, E. and McInnes, M.M. and - Rutstr{\"}om, E.E.}, - title = {Temporal stability of estimates of risk aversion}, - journal = {Applied Financial Economics Letters}, - year = 2005, - volume = 1, - pages = {31--35}, - number = 1, - note = - {\url{http://econpapers.repec.org/RePEc:taf:apfelt:v:1:y:2005:i:1:p:31-35}}, - abstract = {Estimates of risk aversion can be obtained from - controlled laboratory experiments. The temporal - stability of those preferences is assumed in many - applications. This assumption is tested by eliciting - risk aversion measures from subjects at two distinct - times. Evidence consistent with the stability - assumption is found.}, - publisher = {Routledge}, - url = - {http://econpapers.repec.org/RePEc:taf:apfelt:v:1:y:2005:i:1:p:31-35} -} - -@ARTICLE{hauseYdyn, - author = {Hause, John C.}, - title = {The Fine Structure of Earnings and the On-the-Job - Training Hypothesis}, - journal = {Econometrica}, - year = 1980, - volume = 48, - pages = {1013--1029}, - number = 4 -} - -@INCOLLECTION{hausmann85, - author = {Hausman, Jerry A.}, - title = {Taxes and labor supply}, - booktitle = {Handbook of Public Economics}, - publisher = {Elsevier}, - year = 1985, - editor = {Auerbach, A. J. and Feldstein, M.}, - volume = 1, - series = {Handbook of Public Economics}, - chapter = 4, - pages = {213--263} -} - -@ARTICLE{hausmanBonus, - author = {Hausman, Joshua K.}, - title = {Fiscal Policy and Economic Recovery: The Case of the - 1936 Veterans’ Bonus}, - journal = {Manuscript, University of California Berkeley}, - year = 2012 -} - -@ARTICLE{hprGrowthAccel, - author = {Hausmann, Ricardo and Pritchett, Lant and Rodrik, - Dani}, - title = {Growth Accelerations}, - journal = {Journal of Economic Growth}, - year = 2005, - volume = 10, - pages = {303--329}, - note = {10.1007/s10887-005-4712-0}, - abstract = {Unlike most cross country growth analyses, we focus - on turning points in growth performance. We look for - instances of rapid acceleration in economic growth - that are sustained for at least 8 years and identify - more than 80 such episodes since the 1950s. Growth - accelerations tend to be correlated with increases - in investment and trade, and with real exchange rate - depreciations. Political-regime changes are - statistically significant predictors of growth - accelerations. External shocks tend to produce - growth accelerations that eventually fizzle out, - while economic reform is a statistically significant - predictor of growth accelerations that are - sustained. However, growth accelerations tend to be - highly unpredictable: the vast majority of growth - accelerations are unrelated to standard determinants - and most instances of economic reform do not produce - growth accelerations.}, - affiliation = {Harvard University John F. Kennedy School of - Government USA USA}, - issn = {1381-4338}, - issue = 4, - keyword = {Business and Economics}, - publisher = {Springer Netherlands}, - url = {http://dx.doi.org/10.1007/s10887-005-4712-0} -} - -@ARTICLE{hprGrowth, - author = {Hausmann, Ricardo, Lant Pritchett and Rodrik, Dani}, - title = {Growth Accelerations}, - journal = {Journal of Economic Growth}, - year = 2005, - volume = 10, - pages = {303--329}, - number = 4 -} - -@BOOK{hayashiEconometrics, - title = {Econometrics}, - publisher = {Princeton University Press}, - year = 2000, - author = {Hayashi, Fumio} -} - -@BOOK{hayashi:understandingsaving, - title = {Understanding Saving : Evidence from the United - States and Japan}, - publisher = {The MIT Press}, - year = 1997, - author = {Hayashi, Fumio}, - address = {Cambridge, Mass} -} - -@ARTICLE{hayashi:japan, - author = {Hayashi, Fumio}, - title = {Japan's Saving Rate: New Data and Reflections,}, - journal = {NBER Working Paper No. 3205}, - year = 1989 -} - -@INCOLLECTION{hayashi:apparently, - author = {Hayashi, Fumio}, - title = {Why Is Japan's Saving Rate So Apparently High?}, - booktitle = {NBER Macroeconomics Annual, 1986}, - publisher = {NBER}, - year = 1986, - address = {Cambridge} -} - -@ARTICLE{hayashi:q, - author = {Hayashi, Fumio}, - title = {Tobin's Marginal Q and Average Q: A Neoclassical - Interpretation}, - journal = {Econometrica}, - year = 1982, - volume = 50, - pages = {213--224}, - number = 1, - month = {January}, - note = {Available at { - \url{http://ideas.repec.org/p/nwu/cmsems/457.html}}} -} - -@ARTICLE{Heathcote:2010tw, - author = {Heathcote, Jonathan and Perri, Fabrizio and - Violante, Giovanni L.}, - title = {{Unequal we stand: An empirical analysis of economic - inequality in the United States, 1967--2006}}, - journal = {Review of Economic Dynamics}, - year = 2010, - volume = 13, - pages = {15--51}, - number = 1, - date-added = {2013-04-07T22:40:16GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{Review_of_Economic_Dynamics_2010_Heathcote.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Heathcote/Review_of_Economic_Dynamics_2010_Heathcote.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Heathcote/Review_of_Economic_Dynamics_2010_Heathcote.pdf}, - rating = 0, - read = {Yes}, - uri = - {\url{papers2://publication/uuid/1A5D107A-FA11-4F35-9730-DD6C33149F12}}, - url = - {http://www.sciencedirect.com/science/article/pii/S1094202509000659} -} - -@ARTICLE{heaton&lucas:hetero, - author = {Heaton, John and Lucas, Deborah J.}, - title = {The Importance of Investor Heterogeneity and - Financial Market Imprefections for the Behavior of - Asset Prices}, - journal = {Manuscript, Northwestern University}, - year = 1994 -} - -@ARTICLE{HeckmanNobel, - author = {Heckman, James J.}, - title = {Micro Data, Heterogeneity, and the Evaluation of - Public Policy: Nobel Lecture}, - journal = {Journal of Political Economy}, - year = 2001, - volume = 109, - pages = {673--748}, - number = 4, - month = {August}, - bdsk-url-1 = - {http://ideas.repec.org/a/ucp/jpolec/v109y2001i4p673-748.html}, - url = - {http://ideas.repec.org/a/ucp/jpolec/v109y2001i4p673-748.html} -} - -@ARTICLE{heck93, - author = {Heckman, James J}, - title = {What Has Been Learned about Labor Supply in the Past - Twenty Years?}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {116--21}, - number = 2 -} - -@ARTICLE{hec79, - author = {Heckman, James J.}, - title = {Sample Selection Bias as a Specification Error}, - journal = {Econometrica}, - year = 1979, - volume = 47, - pages = {153--161}, - number = 1 -} - -@ARTICLE{heckman:life, - author = {Heckman, James J.}, - title = {A Life-Cycle Model of Earnings, Learning, and - Consumption}, - journal = {Journal of Political Economy}, - year = 1976, - volume = 84, - pages = {S11--44}, - number = {4, pt. 2} -} - -@TECHREPORT{ht03, - author = {Helbling, Thomas and Terrones, Marco}, - title = {When Bubbles Burst}, - institution = {International Monetary Fund, April}, - year = 2003, - type = {{World Economic Outlook, 61--94}} -} - -@ARTICLE{orphanides:wardemocracyjpe, - author = {Hess, Gregory D. and Orphanides, Athanasios}, - title = {War and Democracy}, - journal = {Journal of Political Economy}, - year = 2001, - volume = 109, - pages = {776--810}, - number = 4, - month = {August}, - note = {available at - http://ideas.repec.org/a/ucp/jpolec/v109y2001i4p776-810.html} -} - -@ARTICLE{orphanides:warpoliticsaer, - author = {Hess, Gregory D and Orphanides, Athanasios}, - title = {War Politics: An Economic, Rational-Voter Framework}, - journal = {American Economic Review}, - year = 1995, - volume = 85, - pages = {828--46}, - number = 4, - month = {September}, - note = {available at - http://ideas.repec.org/a/aea/aecrev/v85y1995i4p828-46.html} -} - -@ARTICLE{Hess/Shin:1999, - author = {Hess, Gregory D. and Shin, Kwanho}, - title = {Risk sharing by households within and across regions - and industries}, - journal = {Journal of Monetary Economics}, - year = 2000, - volume = 45, - pages = {533--560} -} - -@ARTICLE{Hess/Shin:1998, - author = {Hess, Gregory D. and Shin, Kwanho}, - title = {Intranational business cycles in the United States}, - journal = {Journal of International Economics}, - year = 1998, - volume = 44, - pages = {289--313}, - keywords = {Hess/Shin: 1998} -} - -@ARTICLE{hmsHousingBubbleNo, - author = {Himmelberg, Charles and Mayer, Christopher and - Sinai, Todd}, - title = {Assessing High House Prices: Bubbles, Fundamentals - and Misperceptions}, - journal = {Journal of Economic Perspectives}, - year = 2005, - volume = 19, - pages = {67--92}, - number = 4 -} - -@ARTICLE{hochgurtel:bufferportfolio, - author = {Hochgurtel, Stefan}, - title = {A Buffer Stock Model with Portfolio Choice: - Implications of Income Risk and Liquidity - Constraints}, - journal = {Manuscript, Uppsala University}, - year = 1998 -} - -@ARTICLE{htRates, - author = {Holland, A.~Steven and Toma, Mark}, - title = {The Role of the Federal Reserve as ``Lender of Last - Resort'' and the Seasonal Fluctuation of Interest - Rates}, - journal = {Journal of Money, Credit and Banking}, - year = 1991, - volume = 23, - pages = {659--676}, - number = 4, - month = {November}, - note = {Stable: \url{http://www.jstor.org/stable/1992702}} -} - -@BOOK{holland:adaptation, - title = {Adaptation in Natural and Artificial Systems}, - publisher = {MIT Press}, - year = 1986, - author = {Holland, John H.}, - address = {Cambridge MA} -} - -@ARTICLE{hrj:entrep, - author = {Holtz-Eakin, Douglas and Rosen, Harvey S. and - Joulfaian, David}, - title = {Entrepreneurial Decisions and Liquidity Constraints}, - journal = {RAND Journal of Economics}, - year = 1994, - pages = {334--347}, - month = {Summer} -} - -@ARTICLE{hrj:sticking, - author = {Holtz-Eakin, Douglas and Rosen, Harvey S. and - Joulfaian, David}, - journal = {Journal of Political Economy}, - year = 1994, - volume = 102, - pages = {53--75}, - number = 1, - month = {February} -} -} - -@ARTICLE{horioka:coint, - author = {Horioka, Charles Y.}, - title = {A Cointegration Analysis of the Impact of the Age - Structure of the Population on the Household Saving - Rate in Japan}, - journal = {Review of Economics and Statistics}, - year = 1997, - volume = 79, - pages = {511--516}, - number = 3 -} - -@ARTICLE{horioka&watanabe:whysave, - author = {Horioka, Charles Y. and Watanabe, Wako}, - title = {Why Do People Save? A Micro-Analysis of Motives for - Household Saving in Japan}, - journal = {Economic Journal}, - year = 1997, - volume = 107, - pages = {537--552}, - number = 442 -} - -@INPROCEEDINGS{horowitzBootstrap, - author = {Joel L. Horowitz}, - title = {The Bootstrap}, - booktitle = {Handbook of Econometrics}, - year = 2001, - editor = {James J. Heckman and Edward Leamer}, - volume = 5, - publisher = {Elsevier/North Holland} -} - -@UNPUBLISHED{Horrigan2011, - author = {Mike Horrigan}, - title = {Household Survey Producers Workshop Opening Remarks}, - note = {CNSTAT Panel on the Redesign of the CE, June 1-2}, - month = {June 1-2}, - year = 2011 -} - -@MISC{horriganCNSTAT, - author = {Horrigan, Michael}, - title = {Official Charge to the CNSTAT Panel on Redesign of - the Consumer Expenditure Survey}, - year = 2010, - bdsk-url-1 = {http://www.bls.gov/cex/redpanl1_horrigan.pdf}, - url = {http://www.bls.gov/cex/redpanl1_horrigan.pdf} -} - -@ARTICLE{hsITC, - author = {House, Christopher L. and Shapiro, Matthew D.}, - title = {Temporary Investment Tax Inventives: Theory with - Evidence from Bonus Depreciation}, - journal = {American Economic Review}, - year = 2008, - volume = 98, - pages = {737--768}, - number = 3 -} - -@INCOLLECTION{houthakker:determinants, - author = {Houthakker, Hendrik S.}, - title = {On Some Determinants of Saving in Developed and - Underdeveloped Countries}, - booktitle = {Problems in Economic Development}, - publisher = {MacMillan}, - year = 1965, - editor = {Robinson, E.A.G.}, - address = {London} -} - -@ARTICLE{houthakker:international, - author = {Houthakker, Hendrik S.}, - title = {An International Comparison of Personal Saving}, - journal = {Bulletin of the International Statistical Institute}, - year = 1961, - volume = 38, - pages = {55--60} -} - -@ARTICLE{hoAdaptiveC, - author = {Howitt, Peter and {\"}Omer {\"}Ozak}, - title = {Adaptive Consumption Behavior}, - journal = {Manuscript, Department of Economics, Brown - University}, - year = 2010, - month = {December}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hoAdaptiveC.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hoAdaptiveC.pdf:PDF} -} - -@ARTICLE{how01, - author = {Howrey, Philip E.}, - title = {The Predictive Power of the Index of Consumer - Sentiment}, - journal = {Brookings Papers on Economic Activity}, - year = 2001, - pages = {175--216}, - number = 1 -} - -@INCOLLECTION{hoynes&mcfadden:demographics, - author = {Hoynes, Hilary W. and McFadden, Daniel L.}, - title = {The Impact of Demographics on Housing and Nonhousing - Wealth in the United States}, - booktitle = {The Economic Effects of Aging in the United States - and Japan}, - publisher = {University of Chicago Press for NBER}, - year = 1997, - editor = {Hurd, Michael D. and Naohiro, Yashiro}, - address = {Chicago:} -} - -@INPROCEEDINGS{Hoynes1997, - author = {Hilary W. Hoynes and Daniel L. McFadden}, - title = {The Impact of Demographics on Housing and Nonhousing - Wealth in the United States}, - booktitle = {The Economic Effects of Aging in the United States - and Japan}, - year = 1997, - editor = {Michael D. Hurd and Yashio Naohiro}, - address = {Chicago, IL}, - publisher = {University of Chicago Press for NBER} -} - -@ARTICLE{HryshkoRIP, - author = {Hryshko, Dmytro}, - title = {RIP to HIP: The Data Reject Heterogeneous Labor - Income Profiles}, - journal = {Manuscript, University of Alberta; forthcoming, {\it - Quantitative Economics}}, - year = 2010 -} - -@ARTICLE{hls:shadow, - author = {Hryshko, Dmytro and Luegno-Prado, Maria and - S\/orensen, Bent}, - title = {Childhood Determinants of Risk Aversion: The Long - Shadow of Compulsory Education}, - journal = {Manuscript, Northeastern University}, - year = 2006 -} - -@ARTICLE{hsieh:alaska, - author = {Hsieh, Chang-Tai}, - title = {Do Consumers React to Anticipated Income Changes? - Evidence from the Alaska Permanent Fund}, - journal = {American Economic Review}, - year = 2003, - volume = 99, - pages = {397--405}, - month = {March} -} - -@ARTICLE{huPortfolioHomeowners, - author = {Hu, Xiaoqing}, - title = {Portfolio Choices for Homeowners}, - journal = {Journal of Urban Economics}, - year = 2005, - volume = 58, - pages = {114--136} -} - -@INPROCEEDINGS{hsz:importance, - author = {Hubbard, R. Glenn and Skinner, Jonathan S. and - Zeldes, Stephen P.}, - title = {The Importance of Precautionary Motives for - Explaining Individual and Aggregate Saving}, - booktitle = {The Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - editor = {Meltzer, Allan H. and Plosser, Charles I.}, - volume = 40, - pages = {59--126} -} - -@ARTICLE{hsz:insurance, - author = {Hubbard, R. Glenn and Skinner, Jonathan S. and - Zeldes, Stephen P.}, - title = {Precautionary Saving and Social Insurance}, - journal = {Journal of Political Economy}, - year = 1995, - volume = 103, - pages = {330--399} -} - -@ARTICLE{huggett:higherW, - author = {Huggett, Mark}, - title = {Precautionary Wealth Accumulation}, - journal = {Review of Economic Studies}, - year = 2004, - volume = 71, - pages = {769--781} -} - -@ARTICLE{huggett:wealth, - author = {Huggett, Mark}, - title = {Wealth Distribution in Life Cycle Economies}, - journal = {Journal of Monetary Economics}, - year = 1996, - volume = 38, - pages = {469--494}, - number = 3 -} - -@ARTICLE{huggett:riskfree, - author = {Huggett, Mark}, - title = {The Risk-Free Rate in Heterogeneous-Agents, - Incomplete Markets Economies}, - journal = {Journal of Economic Dynamics and Control}, - year = 1993, - volume = 17, - pages = {953--969} -} - -@ARTICLE{huggett&ventura:understanding, - author = {Huggett, Mark and Ventura, Gustavo}, - title = {Understanding Why High Income Households Save More - Than Low Income Households}, - journal = {Journal of Monetary Economics}, - year = 2000, - volume = 45, - number = 2, - month = {April} -} - -@ARTICLE{hun02, - author = {Hunt, Jennifer}, - title = {The Transition in {E}ast {G}ermany: When Is a - Ten-Point Fall in the Gender Wage Gap Bad News?}, - journal = {Journal of Labor Economics}, - year = 2002, - volume = 20, - pages = {148--169}, - number = 1 -} - -@INCOLLECTION{hrCEvsCAMS, - author = {Hurd, Michael and Susann Rohwedder}, - title = {Measuring Total Household Spending in a Monthly - Internet Survey: Evidence from the American Life - Panel}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2013, - address = {Chicago}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrCEvsCAMS.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrCEvsCAMS.pdf:PDF} -} - -@INCOLLECTION{hrLifeCycleCAMS, - author = {Hurd, Michael and Susann Rohwedder}, - title = {Wealth Dynamics and Active Saving at Older Ages}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {CRIW, University of Chicago Press}, - year = 2013, - address = {Chicago}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrLifeCycleCAMS/Hurd-Rohwedder-with-dynamics-V4.doc:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrLifeCycleCAMS/Hurd-Rohwedder-with-dynamics-V4.doc:DOC} -} - -@ARTICLE{hurd:bequests, - author = {Hurd, Michael D.}, - title = {Savings and Bequests}, - journal = {NBER Working Paper No. 1708}, - year = 1986 -} - -@INCOLLECTION{hrHighFreq, - author = {Hurd, Michael D. and Susann Rohwedder}, - title = {High-frequency Data on Total Household Spending: - Evidence from Monthly ALP Surveys}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\\ - \url{http://www.nber.org/confer/2011/CRIWf11/hurd_CRIW.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrHighFreq.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrHighFreq.pdf:PDF}, - url = - {http://www.nber.org/confer/2011/CRIWf11/hurd_CRIW.pdf} -} - -@ARTICLE{hlkt:precautionary, - author = {Hurst, Erik and Kennickell, Arthur and Lusardi, - Annamaria and Torralba, Francisco}, - title = {Precautionary Savings and the Importance of Business - Owners}, - year = 2005, - number = 11731, - month = Nov, - note = {available at - http://ideas.repec.org/p/nbr/nberwo/11731.html}, - institution = {National Bureau of Economic Research, Inc}, - type = {NBER Working Papers} -} - -@ARTICLE{hurstLusardiJPE, - author = {Hurst, Erik and Lusardi, Annamaria}, - title = {Liquidity Constraints, Household Wealth, and - Entrepreneurship}, - journal = {Journal of Political Economy}, - year = 2004, - volume = 112, - pages = {319--347}, - number = 2, - note = {available at - http://ideas.repec.org/a/ucp/jpolec/v112y2004i2p319-347.html} -} - -@TECHREPORT{iacovielloNeriHousing, - author = {Iacoviello, Matteo and Neri, Stefano}, - title = {Housing Market Spillovers: Evidence from an - Estimated DSGE Model}, - institution = {Boston College}, - year = 2007, - type = {mimeo} -} - - -@ARTICLE{ipsUnitHetero, - author = {Im, Kyung So and Pesaran, M. Hashem and Shin, - Yongcheol}, - title = {Testing for Unit Roots in Heterogeneous Panels}, - journal = {Journal of Econometrics}, - year = 2003, - volume = 115, - pages = {53--74} -} - -@INBOOK{IMFweo2012, - chapter = 3, - title = {World Economic Outlook, 2012}, - publisher = {International Monetary Fund}, - year = 2012, - author = {{International Monetary Fund}}, - month = {April}, - note = {Available at - \url{http://www.imf.org/external/pubs/ft/weo/2012/01/pdf/text.pdf}}, - file = {IMFweo2012.pdf:IMFweo2012.pdf:PDF}, - url = - {\url{http://www.imf.org/external/pubs/ft/weo/2012/01/pdf/text.pdf}} -} - -@TECHREPORT{imf06, - author = {{International Monetary Fund}}, - title = {Japan: Report on the Observance of Standards and - Codes---Data Module, Response by the Authorities, - and Detailed Assessments Using the Data Quality - Assessment Framework (DQAF)}, - institution = {International Monetary Fund}, - year = 2006, - type = {IMF Country Report}, - number = {06/115}, - note = {March} -} - -@ARTICLE{irelandTaking, - author = {Ireland, Peter N.}, - title = {A Method for Taking Models to the Data}, - journal = {Journal of Economic Dynamics and Control}, - year = 2004, - volume = 28, - pages = {1205--1226} -} - -@BOOK{irigoen:solutions, - title = {Solutions Manual for Recursive Methods in Economic - Dynamics}, - publisher = {Harvard University Press}, - year = 2002, - author = {Irigoyen, Claudio and Rossi-Hansberg, Esteban and - Wright, Mark L. J.} -} - -@TECHREPORT{ikk05, - author = {Ivanova, Anna and Keen, Michael and Klemm, - Alexander}, - title = {The Russian Flat Tax Reform}, - institution = {International Monetary Fund, Washington, DC}, - year = 2005, - type = {working paper}, - number = 15 -} - -@ARTICLE{ivd:monetarypolicy, - author = {Ivo, Arnold and Els, Peter Van and de Haan, Jakob}, - title = {Wealth Effects and Monetary Policy}, - journal = {De Nederlandsche Bank Research Memorandum 719}, - year = 2002 -} - -@BOOK{Jacobs:1969, - title = {The Economy of Cities}, - publisher = {New York: Vintage}, - year = 1969, - author = {Jacobs, Jane} -} - -@ARTICLE{Jagannathan:Kubota:Takehara:1998, - author = {Jagannathan, Ravi and Kubota, Keiichi and Takehara, - Hitoshi}, - title = {Relationship between Labor-Income Risk and Average - Return: Empirical Evidence from the Japanese Stock - Market}, - journal = {Journal of Business}, - year = 1998, - volume = 71, - pages = {319--47}, - number = 3, - month = {July} -} - -@INCOLLECTION{jaher:gilded, - author = {Jaher, Frederic Cople}, - title = {The Gilded Elite: American Multimillionaires, 1865 - to the Present}, - booktitle = {Wealth and the Wealthy in the Modern World}, - publisher = {Croon Helm}, - year = 1980, - editor = {Rubinstein, W.~D.~}, - address = {London} -} - -@TECHREPORT{jahoda04, - author = {Jahoda, Robert}, - title = {Interaction of the Social and Tax Systems and Work - Incentives ({I}nterakce socialniho a danoveho - systemu a pracovni pobidky)}, - institution = {VUPSV Praha}, - year = 2004, - type = {Working Paper}, - note = {In Czech} -} - -@ARTICLE{jappelli:whoisconstr, - author = {Jappelli, Tullio}, - title = {Who is Credit Constrained in the U.S. Economy?}, - journal = {Quarterly Journal of Economics}, - year = 1990, - volume = 105, - pages = {219--34}, - number = 1 -} - -@article{jappelliPistaferri_FPMPC, - author = {Jappelli, Tullio and Pistaferri, Luigi}, - title = {Fiscal Policy and MPC Heterogeneity}, - journal = {AEJ: Marcoeconomics}, - volume = 6, - number = 4, - pages = {107--36}, - year = 2014, -} - -@article{JRreserves, -title={The Optimal Level of Reserves for Emerging Market Countries: Formulas and Applications}, -author={Olivier Jeanne and Romain Ranci\`{e}re}, -journal={Economic Journal}, -volume={121}, -number={555}, -pages={905-930}, -year={2011} -} - -@ARTICLE{JRreserves-CEPRWP, - author = {Jeanne, Olivier and Ranci\`ere, Romain}, - title = {The Optimal Level of Reserves for Emerging Market - Countries: a New Formula and Some Applications}, - journal = {CEPR Discussion Paper}, - year = 2008, - number = 6723 -} - -@MISC{jeffersonOLG, - author = {Jefferson, Thomas}, - title = {`The Earth Belongs to the Living': A Letter to James - Madison}, - howpublished = - {\url{http://infomotions.com/etexts/literature/american/1700-1799/jefferson-letters-256.htm}}, - month = {September}, - year = 1789, - address = {Paris}, - day = 6 -} - -@ARTICLE{jensen&shore, - author = {Jensen, Shane T. and Shore, Stephen H.}, - title = {Changes in the Distribution of Income Volatility}, - journal = {Manuscript}, - year = 2008 -} - -@comment{Jermann1998Old} -@comment{jermann:assetpricing} -@comment{jermann:assetPricing} -@ARTICLE{jermannProduction, - author = {Jermann, Urban J.}, - title = {Asset Pricing in Production Economies}, - journal = {Journal of Monetary Economics}, - year = 1998, - volume = 42, - pages = {257--75}, - number = 2, - month = {April} -} - -@INCOLLECTION{johnson&eller:inhtax, - author = {Johnson, Barry and Eller, Marthat Britton}, - title = {Federal Taxation of Inheritance and Wealth - Transfers}, - booktitle = {Turing Administrative Systems into Information - Systems 1996-1997}, - publisher = {Internal Revenue Service}, - year = 1998, - address = {Washington, DC} -} - -@ARTICLE{jpsTax, - author = {Johnson, David S. and Parker, Jonathan A. and - Souleles, Nicholas S.}, - title = {Household Expenditure and the Income Tax Rebates of - 2001}, - journal = {American Economic Review}, - year = 2006, - volume = 96, - pages = {1589--1610}, - number = 5, - month = {December}, - bdsk-url-1 = - {http://ideas.repec.org/a/aea/aecrev/v96y2006i5p1589-1610.html}, - url = - {http://ideas.repec.org/a/aea/aecrev/v96y2006i5p1589-1610.html} -} - -@ARTICLE{jdMetrics, - author = {Johnston, J. and DiNardo, J.}, - title = {Econometric Methods}, - journal = {Econometric Theory}, - year = 2000, - volume = 16, - pages = {139--142} -} - -@ARTICLE{jol02, - author = {Jolliffe, Dean}, - title = {The Gender Wage Gap in {B}ulgaria: A Semiparametric - Estimation of Discrimination}, - journal = {Journal of Comparative Economics}, - year = 2002, - volume = 30, - pages = {276--295}, - number = 2 -} - -@ARTICLE{jmr:opttax, - author = {{Jones, L.~E., Rodolfo E.~Manuelli} and - {P.~E.~Rossi}}, - title = {Optimal Taxation in Models of Endogenous Growth}, - journal = {Journal of Political Economy}, - year = 1993, - volume = 101, - pages = {485--517}, - number = 3 -} - -@ARTICLE{joulfaian:estatetax, - author = {Joulfaian, David}, - title = {The Federal Estate and Gift Tax: Description, - Profile of Taxpayers, and Economic Consequences}, - journal = {Department of the Treasury, Office of Tax Analysis, - OTA Paper 80}, - year = 1998 -} - -@ARTICLE{jedc_ksVolume, - author = {{Journal of Economic Dynamics and Control}}, - title = {Computational Suite of Models with Heterogeneous - Agents: Incomplete Markets and Aggregate - Uncertainty}, - journal = {edited by Wouter J. Den Haan, Kenneth L. Judd, - Michel Juillard}, - year = 2010, - volume = 34, - pages = {1--100}, - number = 1 -} - -@ARTICLE{jwHousing, - author = {G. Donald Jud and Daniel T. Winkler}, - title = {The Dynamics of Metropolitan Housing Prices}, - journal = {Journal of Real Estate Research}, - year = 2002, - volume = 23, - pages = {29--45} -} - -@BOOK{judd:book, - title = {Numerical Methods in Economics}, - publisher = {The MIT Press}, - year = 1998, - author = {Judd, Kenneth L.}, - address = {Cambridge, Massachusetts} -} - -@MISC{judd:stoch, - author = {Judd, Kenneth L.}, - title = {Optimal Taxation in Dynamic Stochastic Economies: - Theory and Evidence}, - howpublished = {Working Paper}, - year = 1990 -} - -@ARTICLE{jur05, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n}, - title = {Gender Segregation and Wage Gap: An {E}ast--{W}est - Comparison}, - journal = {Journal of the European Economic Association}, - year = 2005, - volume = 3, - pages = {598--607}, - number = {2--3} -} - -@ARTICLE{jur03, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n}, - title = {Gender Wage Gap and Segregation in Enterprises and - the Public Sector in Late Transition Countries}, - journal = {Journal of Comparative Economics}, - year = 2003, - volume = 31, - pages = {199--222}, - number = 2 -} - -@ARTICLE{jh07, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n and - Harmgart, Heike}, - title = {When Do Female Occupations Pay More?}, - journal = {Journal of Comparative Economics}, - year = 2007, - volume = 35, - pages = {170--187}, - number = 1 -} - -@TECHREPORT{jz05, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n and - {Zubrick{\'}y}, Jozef}, - title = {Employment Incentives in the {C}zech {R}epublic: - Comparing Current and Proposed Social Support - Systems}, - institution = {CERGE--EI}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{jlss:wealtheffect, - author = {Juster, F. Thomas and Lupton, Joseph and Smith, - James P. and Stafford, Frank}, - title = {The Decline in Household Saving and Wealth Effect}, - journal = {Mimeo, University of Michigan}, - year = 2001 -} - -@TECHREPORT{Juster2001, - author = {F. Thomas Juster and Joseph Lupton and James - P. Smith and Frank Stafford}, - title = {The Decline in Household Saving and Wealth Effect}, - institution = {University of Michigan}, - year = 2001, - type = {mimeo} -} - -@ARTICLE{juststaff91, - author = {Juster, Thomas F and Stafford, Frank P}, - title = {The Allocation of Time: Empirical Findings, - Behavioral Models, and Problems of Measurement}, - journal = {Journal of Economic Literature}, - year = 1991, - volume = 29, - pages = {471--522}, - number = 2 -} - -@BOOK{kahnemanThinking, - title = {Thinking, Fast and Slow}, - publisher = {Farrar, Straus and Giroux}, - year = 2011, - author = {Kahneman, D.}, - note = {\url{http://books.google.com/books?id=SHvzzuCnuv8C}}, - isbn = 9780374275631, - lccn = 2011027143, - url = {http://books.google.com/books?id=SHvzzuCnuv8C} -} - -@ARTICLE{kws:bentham, - author = {Kahneman, Danny and Wakker, Peter P. and Sarin, - Rakesh}, - title = {Back to Bentham? Explorations of Experienced - Utility}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = 112, - pages = {375--406} -} - -@ARTICLE{kcFourthDimension, - author = {Kalton, G. and Citro, C.F.}, - title = {Panel surveys: adding the fourth dimension}, - journal = {Innovation: The European Journal of Social Science - Research}, - year = 1995, - volume = 8, - pages = {25--39}, - number = 1, - publisher = {Taylor and Francis} -} - -@ARTICLE{krBoE, - author = {Kamath, Kishore and Kate Reinhold}, - title = {The Financial Position of British Households: - Evidence from the 2011 NMG Consulting Survey}, - journal = {Bank of England Quarterly Bulletin}, - year = 2011, - month = {Q4} -} - -@ARTICLE{kwb:dynamics, - author = {Kapteyn, Arie and Wansbeek, Tom J. and Buyze, J.}, - title = {The Dynamics of Preference Formation}, - journal = {Journal of Economic Behavior and Organization}, - year = 1980, - volume = 1, - pages = {123--157} -} - -@ARTICLE{Karahan:2012gm, - author = {Karahan, Fatih and Ozkan, Serdar}, - title = {{On the persistence of income shocks over the life - cycle: Evidence, theory, and implications}}, - journal = {Review of Economic Dynamics}, - year = 2012, - pages = {1--25}, - month = aug, - abstract = {Review of Economic Dynamics, - 10.1016/j.red.2012.08.001}, - date-added = {2013-04-07T22:40:13GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - doi = {10.1016/j.red.2012.08.001}, - file = - {{Review_of_Economic_Dynamics_2012_Karahan.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Karahan/Review_of_Economic_Dynamics_2012_Karahan.pdf:application/pdf}}, - keywords = {Idiosyncratic earnings risk, Incomplete markets - models, Earnings persistence, Consumption insurance}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Karahan/Review_of_Economic_Dynamics_2012_Karahan.pdf}, - rating = 0, - uri = - {\url{papers2://publication/doi/10.1016/j.red.2012.08.001}}, - url = {http://dx.doi.org/10.1016/j.red.2012.08.001} -} - -@ARTICLE{ksw:liabs, - author = {Kasten, Richard and Sammartino, Frank and Weiner, - David}, - title = {Estimates of Federal Tax Liabilities for Individuals - and Families By Income Category and Family Type for - 1995 and 1999}, - journal = {Congressional Budget Office, Report to the House and - Senate Budget Committees and the House Ways and - Means Committee}, - year = 1998, - note = {Avilable at - http://www.cbo.gov/showdoc.cfm?index=527\&sequence=0\&from=1 - as of May 23, 2000} -} - -@ARTICLE{kazarosian:restat, - author = {Kazarosian, Mark}, - title = {Precautionary Savings -- A Panel Study}, - journal = {Review of Economics and Statistics}, - year = 1997, - volume = 79, - pages = {241--247}, - number = 2 -} - -@TECHREPORT{keen05, - author = {Keen, Benjamin D.}, - title = {Sticky Price and Sticky Information Price Setting - Models: What is the Difference?}, - institution = {University of Oklahoma}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{KennickellLusardiDisentangling, - author = {Kennickell, Arthur and Lusardi, Annamaria}, - title = {Disentangling the Importance of the Precautionary - Saving Motive}, - journal = {Working Paper, Dartmouth College}, - year = 2005, - month = {December} -} - -@TECHREPORT{kennickellCurrents, - author = {Kennickell, Arthur B.}, - title = {Currents and Undercurrents: Changes in the - Distribution of Wealth, 1989-2004}, - institution = {Federal Reserve Board}, - year = 2006, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2001.10.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2001.10.pdf}}, - month = {June} -} - -@TECHREPORT{Kennickell:1998, - author = {Kennickell, Arthur B.}, - title = {List Sample Design for 1998 Survey of Consumer - Finances}, - institution = {Federal Reserve Board}, - year = 2006, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/listsample.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/listsample.pdf}} -} - -@TECHREPORT{KennickellB:2006, - author = {Kennickell, Arthur B.}, - title = {How Do We Know If We Aren't Looking? An - Investigation Of Data Quality in the 2004 SCF}, - institution = {Federal Reserve Board}, - year = 2006, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/asa2006.3.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/asa2006.3.pdf}}, - month = {September} -} - -@TECHREPORT{Kennickell:2003, - author = {Kennickell, Arthur B.}, - title = {A Rolling Tide: Changes in the Distribution of - Wealth in the U.S., 1989-2001}, - institution = {Federal Reserve Board}, - year = 2003, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2004.5.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2004.5.pdf}} -} - -@ARTICLE{kennickell:wealth, - author = {Kennickell, Arthur B.}, - title = {An Examination of Changes in the Distribution of - Wealth From 1989 to 1998: Evidence from the Survey - of Consumer Finances}, - journal = {Manuscript Prepared for Conference on Saving, - Intergenerational Transfers, and the Distribution of - Wealth, Bard College, June 7-9, 2000}, - year = 2000 -} - -@TECHREPORT{Kennickell:1999, - author = {Kennickell, Arthur B.}, - title = {Revisions to the SCF Weighting Methodology: - Accounting for Race/Ethnicity and Homeownership}, - institution = {Federal Reserve Board}, - year = 1999, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/weight.revision.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/weight.revision.pdf}} -} - -@ARTICLE{kennickell&lusardi:scfquestions, - author = {Kennickell, Arthur B. and Lusardi, Annamaria}, - title = {Assessing the Importance of the Precautionary Saving - Motive: Evidence from the 1995 SCF}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1999 -} - -@ARTICLE{scf:focusgroup, - author = {{Kennickell, Arthur B.}, {Martha Starr-McCluer} and - {Annika Sunden}}, - title = {Saving and Financial Planning: Some Findings from a - Focus Group}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1995 -} - -@ARTICLE{kermack&mckendrick:disease, - author = {Kermack, W. O. and McKendrick, A. G.}, - title = {Contributions to the Mathematical Theory of - Epidemics}, - journal = {Proceedings of the Royal Academy of Sciences A}, - year = 1927, - volume = 115, - pages = {700--721} -} - -@BOOK{keynes:generaltheory, - title = {The General Theory of Employment, Interest, and - Money}, - publisher = {Harcourt, Brace}, - year = 1936, - author = {Keynes, John Maynard} -} - -@ARTICLE{wealthLit, - author = {Khalifa, Sherif}, - title = {Brief Summaries of Principal Papers on Housing - Wealth Effects}, - journal = {Manuscript, Johns Hopkins University}, - year = 2004, - month = {January}, - note = {Available at { - \url{http://econ.jhu.edu/people/ccarroll/wealthLit.html}}}, - howpublished = {url} -} - -@ARTICLE{kz06, - author = {Hashmat Khan and Zhenhua Zhu}, - title = {Estimates of the Sticky-Information Phillips Curve - for the United States}, - journal = {Journal of Money, Credit and Banking}, - year = 2006, - volume = 38, - pages = {195--207}, - number = 1 -} - -@TECHREPORT{kz02, - author = {Hashmat Khan and Z. Zhu}, - title = {Estimates of the Sticky Information Phillips Curve - for the United States, Canada, and the United - Kingdom}, - institution = {Bank of Canada}, - year = 2002, - type = {working paper}, - volume = 19 -} - -@ARTICLE{khwajaMianTracing, - author = {Khwaja, Asim Ijaz and Mian, Atif}, - title = {Tracing the Impact of Bank Liquidity Shocks: - Evidence from an Emerging Market}, - journal = {Manuscript, Kennedy School of Government, Harvard - University}, - year = 2008 -} - -@TECHREPORT{kiley05, - author = {Michael T. Kiley}, - title = {A Quantitative Comparison of Sticky-Price and - Sticky-Information Models of Price Setting}, - institution = {Federal Reserve Board}, - year = 2005, - type = {mimeo} -} - -@BOOK{killingsworth83, - title = {Labor supply}, - publisher = {Cambridge: Cambridge University Press}, - year = 1983, - author = {Killingsworth, Mark R.} -} - -@ARTICLE{kim, - author = {Kim, Jinill and Kim, Sunghyun Henry and Kollmann, - Robert}, - title = {Solving the Incomplete Market Model with Aggregate - Uncertainty Using a Perturbation Method}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {50--58}, - number = 1, - month = {January} -} - -@ARTICLE{kimball:standardra, - author = {Kimball, Miles S.}, - title = {Standard Risk Aversion}, - journal = {Econometrica}, - year = 1993, - volume = 61, - pages = {589--611}, - number = 3, - month = may -} - -@ARTICLE{kimball:mpc, - author = {Kimball, Miles S.}, - title = {Precautionary Saving and the Marginal Propensity to - Consume}, - journal = {NBER Working Paper Number 3403}, - year = 1990 -} - -@ARTICLE{kimball:smallandlarge, - author = {Kimball, Miles S.}, - title = {Precautionary Saving in the Small and in the Large}, - journal = {Econometrica}, - year = 1990, - volume = 58, - pages = {53--73} -} - -@ARTICLE{kimball&mankiw:timing, - author = {Kimball, Miles S and Mankiw, N Gregory}, - title = {Precautionary Saving and the Timing of Taxes}, - journal = {Journal of Political Economy}, - year = 1989, - volume = 97, - pages = {863--79}, - number = 4, - month = {August}, - bdsk-url-1 = - {http://ideas.repec.org/a/ucp/jpolec/v97y1989i4p863-79.html}, - url = - {http://ideas.repec.org/a/ucp/jpolec/v97y1989i4p863-79.html} -} - -@ARTICLE{kssImputing, - author = {Kimball, Miles S. and Sahm, Claudia R. and Shapiro, - Matthew D.}, - title = {Imputing Risk Tolerance from Survey Responses}, - journal = {Journal of the American Statistical Association}, - year = 2008, - volume = 103, - pages = {1028--1038}, - number = 483, - note = - {\url{http://pubs.amstat.org/doi/pdf/10.1198/016214508000000139}}, - abstract = {Economic theory assigns a central role to risk - preferences. This article develops a measure of - relative risk tolerance using responses - tohypothetical income gambles in the Health and - Retirement Study. In contrast to most survey - measures that produce an ordinal metric, thisarticle - shows how to construct a cardinal proxy for the risk - tolerance of each survey respondent. The article - also shows how to accountfor measurement error in - estimating this proxy and how to obtain consistent - regression estimates despite the measurement - error. The risktolerance proxy is shown to explain - differences in asset allocation across households.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kssImputing.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kssImputing.pdf:PDF}, - publisher = {ASA}, - url = - {http://pubs.amstat.org/doi/pdf/10.1198/016214508000000139} -} - -@ARTICLE{KimballWeil:Poss, - author = {Kimball, Miles S. and Weil, Philippe}, - title = {Precautoinary Saving and Consumption Smoothing - Across Time and Possibilities}, - journal = {Manuscript, University of Michigan}, - year = 2004, - month = {September} -} - -@BOOK{kindleberger, - title = {Manias, Panics, and Crashes: A History of Financial - Crises}, - publisher = {Wiley}, - year = 2005, - author = {Kindleberger, Charles P.}, - note = {5th Edition} -} - -@ARTICLE{king&leape:ageinfo, - author = {King, Mervyn and Leape, Jonathan}, - title = {Asset Accumulation, Information, and the Life Cycle}, - journal = {NBER Working Paper No. 2392}, - year = 1984 -} - -@INPROCEEDINGS{klCapital, - author = {King, Robert G. and Levine, Ross}, - title = {Capital Fundamentalism, Economic Development, and - Economic Growth}, - booktitle = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - volume = 40, - pages = {259--292}, - organization = {Elsevier} -} - -@ARTICLE{kpr:prodn, - author = {King, Robert G. and Plosser, Charles I. and Rebelo, - Sergio T.}, - title = {Production, Growth, and Business Cycles, {I}: The - Basic Neoclassical Model and {II}: New Directions}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 21, - pages = {195--232 and309--341}, - number = {2/3} -} - -@ARTICLE{king&rebelo:trans, - author = {King, Robert G. and Rebelo, Sergio T.}, - title = {Transitional Dynamics and Economic Growth in the - Neoclassical Model}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {908--931}, - number = 4, - note = {Available at { - \url{http://ideas.repec.org/a/aea/aecrev/v83y1993i4p908-31.html}}} -} - -@ARTICLE{king&levine:crcs, - author = {{King, Robert G.} and {Levine, Ross E.}}, - title = {Capital Fundamentalism}, - journal = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - volume = 40, - month = {June} -} - -@ARTICLE{king&rebelo:neo, - author = {{King, Robert G.} and {Sergio T. Rebelo}}, - title = {Public Policy and Economic Growth: Developing the - Neoclassical Implications}, - journal = {Journal of Political Economy}, - year = 1990, - volume = 98, - pages = {S126--S150}, - number = {5, pt 2} -} - -@ARTICLE{kirman1992whom, - author = {Kirman, Alan P.}, - title = {{Whom or What Does the Representative Individual - Represent?}}, - journal = {The Journal of Economic Perspectives}, - year = 1992, - volume = 6, - pages = {117--136}, - number = 2, - publisher = {JSTOR} -} - -@ARTICLE{klenow&r-c:toofar, - author = {Klenow, Peter J. and Rodr{\'}{i}guez-Clare, - Andr{\'}{e}s}, - title = {The Neoclassical Revival in Growth Economics: Has It - Gone Too Far?}, - journal = {NBER Macroeconomics Annual, 1997}, - year = 1997, - pages = {73--103} -} - -@ARTICLE{kocherlakota:stillapuzzle, - author = {Kocherlakota, Narayana}, - title = {The Equity Premium: It's Still a Puzzle}, - journal = {Journal of Economic Literature}, - year = 1996, - volume = {XXXIV}, - number = 1, - month = {March} -} - -@INCOLLECTION{knvSurveyVsAdminSweden, - author = {Koijen, Ralph and Stijn van Nieuwerburgh and Roine - Vestman}, - title = {Judging the Quality of Survey Data by Comparison - with ``Truth'' as Measured By Administrative - Records: Evidence from Sweden}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2013, - address = {Chicago}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvSurveyVsAdminSweden.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvSurveyVsAdminSweden.pdf:PDF} -} - -@INCOLLECTION{knvAdminSurveySweden, - author = {Koijen, Ralph and Stijn Van Nieuwerburgh and Roine - Vestman}, - title = {Judging the Quality of Survey Data by Comparison - with ``Truth'' as Measured By Administrative - Records: Evidence from Sweden}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\\ - \url{http://nber.org/confer/2011/CRIWf11/Koijen_Van_Nieuwerburgh_Vestman.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvAdminSurveySweden.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvAdminSurveySweden.pdf:PDF}, - url = - {http://www.nber.org/confer/2011/CRIWf11/Koijen_Van_Nieuwerburgh_Vestman.pdf} -} - -@INCOLLECTION{knvTruth, - author = {Koijen, Ralph and S. Van Nieuwerburgh and Roine - Vestman}, - title = {Judging the Quality of Survey Data by Comparison - with Truth as Measured By Administrative Records: - Evidence from Sweden}, - booktitle = {Forthcoming in {\it Improving the Measurement of - Household Expenditures}}, - publisher = {Chicago: University of Chicago Press}, - year = 2013, - editors = {Christopher Carroll, Thomas Crossley, and John - Sabelhaus} -} - -@INCOLLECTION{koopmans:growth, - author = {Koopmans, Tjalling C.}, - title = {On the concept of optimal economic growth}, - booktitle = {(Study Week on the) Econometric Approach to - Development Planning}, - publisher = {North-Holland Publishing Co., Amsterdam}, - year = 1965, - chapter = 4, - pages = {225--87} -} - -@ARTICLE{kssInequalitySince1937, - author = {Kopczuk, Wojciech and Emmanuel Saez and Jae Song}, - title = {Earnings Inequality and Mobility in the United - States: Evidence from Social Security Data since - 1937*}, - journal = {Quarterly Journal of Economics}, - year = 2010, - volume = 125, - pages = {91--128}, - number = 1, - publisher = {MIT Press} -} - -@ARTICLE{kopecky2010finite, - author = {Kopecky, Karen A. and Suen, Richard M.H.}, - title = {Finite State Markov-Chain Approximations To Highly - Persistent Processes}, - journal = {Review of Economic Dynamics}, - year = 2010, - volume = 13, - pages = {701--714}, - number = 3, - note = - {\url{http://www.karenkopecky.net/RouwenhorstPaper.pdf}}, - bdsk-url-1 = {http://www.karenkopecky.net/RouwenhorstPaper.pdf}, - publisher = {Elsevier}, - url = {http://www.karenkopecky.net/RouwenhorstPaper.pdf} -} - -@TECHREPORT{kor05, - author = {Korenok, Oleg}, - title = {Empirical Comparison of Sticky Price and Sticky - Information Models}, - institution = {Virginia Commonwealth University}, - year = 2005, - type = {mimeo} -} - -@BOOK{kotlikoff&smith:pensions, - title = {Pensions in the American Economy}, - publisher = {University of Chicago Press}, - year = 1983, - author = {Kotlikoff, Laurence J. and Smith, Daniel E.} -} - -@ARTICLE{kotlikoff&summers:wealth, - author = {Kotlikoff, Laurence J. and Summers, Lawrence H.}, - title = {The Role of Intergenerational Transfers in Aggregate - Capital Accumulation}, - journal = {Journal of Public Economics}, - year = 1981, - volume = 89, - pages = {706--32}, - number = 4 -} - -@TECHREPORT{ko05, - author = {Krajcir, Zdenko and Ludovit, Odor}, - title = {First Year of the Tax Reform, or 19 Percent at Work - (Prvy rok danovej reformy alebo 19\%\ v akcii)}, - institution = {Institut financnej politiky, Ministerstvo financii - SR, Bratislava}, - year = 2005, - type = {working paper}, - number = 8, - note = {in Slovak} -} - -@ARTICLE{krebs:qje, - author = {Krebs, Tom}, - title = {Human Capital Risk And Economic Growth}, - journal = {The Quarterly Journal of Economics}, - year = 2003, - volume = 118, - pages = {709--744}, - number = 2, - month = {May}, - note = {available at - http://ideas.repec.org/a/tpr/qjecon/v118y2003i2p709-744.html} -} - -@ARTICLE{krebs:red, - author = {Krebs, Tom}, - title = {Growth and Welfare Effects of Business Cycles in - Economies with Idiosyncratic Human Capital Risk}, - journal = {Review of Economic Dynamics}, - year = 2003, - volume = 6, - pages = {846--868}, - number = 4, - month = {October}, - note = {available at - http://ideas.repec.org/a/red/issued/v6y2002i2p846-868.html} -} - -@ARTICLE{krebs:jmathe, - author = {Krebs, Tom}, - title = {Endogenous probabilities and the information - revealed by prices}, - journal = {Journal of Mathematical Economics}, - year = 2001, - volume = 36, - pages = {1--18}, - number = 1, - month = 9, - note = {available at - http://ideas.repec.org/a/eee/mateco/v36y2001i1p1-18.html} -} - -@ARTICLE{krebs:econlett, - author = {Krebs, Tom}, - title = {Information and asset prices in complete markets - exchange economies}, - journal = {Economics Letters}, - year = 1999, - volume = 65, - pages = {75--83}, - number = 1, - month = 10, - note = {available at - http://ideas.repec.org/a/eee/ecolet/v65y1999i1p75-83.html} -} - -@ARTICLE{krebs:jet, - author = {Krebs, Tom}, - title = {Statistical Equilibrium in One-Step Forward Looking - Economic Models}, - journal = {Journal of Economic Theory}, - year = 1997, - volume = 73, - pages = {365--394}, - number = 2, - month = 4, - note = {available at - http://ideas.repec.org/a/eee/jetheo/v73y1997i2p365-394.html} -} - -@ARTICLE{Maloney:2007vd, - author = {Tom Krebs and Pravin Krishna and William Maloney}, - title = {Human Capital, Trade Liberalization, and Income - Risk}, - journal = {Research Working papers}, - year = 2007, - abstract = {Abstract: Using data from Mexico, the authors study - empirically the link between trade policy and - individual income risk and the extent to which this - varies across workers of different human capital - (education) levels. They use longitudinal income - data on workers to ...}, - date-added = {2013-04-07T22:40:17GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{2007_Maloney.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2007/Maloney/2007_Maloney.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2007/Maloney/2007_Maloney.pdf}, - rating = 0, - uri = - {\url{papers2://publication/uuid/108309CC-3CD5-4F25-A62F-BF62FF0D7B50}}, - url = - {http://www.ingentaconnect.com/content/wb/wps4301/2007/00000001/00000001/art04276} -} - -@TECHREPORT{leth-petersen:liquidity, - author = {Claus Thustrup Kreiner and David Dreyer Lassen and - {S\o ren} Leth-Petersen}, - title = {Heterogeneous Responses and Aggregate Impact of the - 2001 Income Tax Rebates}, - institution = {CEPR}, - year = 2012, - type = {discussion paper}, - number = 9161 -} - -@INCOLLECTION{kllSurveyVsAdminDenmark, - author = {Kreiner, Claus Thustrup and David Dreyer Lassen and - S{\o}ren Leth-Petersen}, - title = {Examples of Combining Administrative Records and - Survey Data in Validation Studies}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = - {\url{http://www.nber.org/confer/2011/CRIWf11/Leth-Petersen.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kllSurveyVsAdminDenmark.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kllSurveyVsAdminDenmark.pdf:PDF}, - url = - {http://www.nber.org/confer/2011/CRIWf11/Leth-Petersen.pdf} -} - -@ARTICLE{kreinin:mpc, - author = {Kreinin, Mordecai E.}, - title = {Windfall Income and Consumption: Additional - Evidence}, - journal = {American Economic Review}, - year = 1961, - volume = 51, - pages = {388--390} -} - -@ARTICLE{kremer:unionsasdisease, - author = {Kremer, Michael}, - title = {An Epidemiological Model of Unions}, - journal = {Manuscript, Harvard University}, - year = 2000 -} - -@ARTICLE{KrepsPorteus:Prefs, - author = {Kreps, David M. and Porteus, Evan L.}, - title = {Temporal Resolution of Uncertainty and Dynamic - Choice Theory}, - journal = {Econometrica}, - year = 1978, - volume = 46, - pages = {185--200}, - month = {January} -} - -@ARTICLE{kpInequality, - author = {Krueger, Dirk and Perri, Fabrizio}, - title = {Does Income Inequality Lead to Consumption - Inequality? Evidence and Theory}, - journal = {The Review of Economic Studies}, - year = 2006, - volume = 73, - pages = {163--193}, - number = 1, - publisher = {Oxford University Press} -} - -@Misc{krugmanHistory, - Title = {Economics in the Crisis}, - Author = {Krugman, Paul}, - HowPublished = {Commencement Address, University of Lisbon}, - Month = {March}, - Note = - {\url{http://krugman.blogs.nytimes.com/2012/03/05/economics-in-the-crisis/}}, - Year = 2012, - file = {krugmanHistory.pdf:krugmanHistory.pdf:PDF}, - Owner = {Nic Johnson}, - Url = - {http://krugman.blogs.nytimes.com/2012/03/05/economics-in-the-crisis/} -} - -@ARTICLE{krugmanPostmodern, - author = {Krugman, Paul}, - title = {Postmodern Business Cycles}, - journal = {New York Times}, - year = 2012, - month = {January}, - note = {\url{http://krugman.blogs.nytimes.com/2012/01/27/postmodern-business-cycles/}}, - url = {http://krugman.blogs.nytimes.com/2012/01/27/postmodern-business-cycles/} -} - -@MISC{krugmanDarkAgeBlog, - author = {Krugman, Paul}, - title = {A Dark Age of Macroeconomics}, - howpublished = - {\url{http://krugman.blogs.nytimes.com/2009/01/27/a-dark-age-of-macroeconomics-wonkish/}}, - year = 2009, - journal = {New York Times}, - number = {January 27}, - type = {Blog} -} - -@ARTICLE{krugmanThoughts, - author = {Krugman, Paul}, - title = {Thoughts About Thinking}, - journal = {The Economist's View}, - year = 2008, - note = {Available at - {\url{http://economistsview.typepad.com/economistsview/2008/10/thoughts-about.html}}}, - bdsk-url-1 = - {http://economistsview.typepad.com/economistsview/2008/10/thoughts-about.html}, - url = - {http://economistsview.typepad.com/economistsview/2008/10/thoughts-about.html} -} - -@MISC{krugmanHousingBubble, - author = {Krugman, Paul}, - title = {That Hissing Sound}, - howpublished = {New York Times Column}, - month = {August}, - year = 2005, - bdsk-url-1 = - {http://www.nytimes.com/2005/08/08/opinion/08krugman.html}, - day = 8, - url = - {http://www.nytimes.com/2005/08/08/opinion/08krugman.html} -} - -@ARTICLE{ks99, - author = {Krusell, Per and Smith, Jr., Anthony A.}, - title = {On the Welfare Effects of Eliminating Business - Cycles}, - journal = {Review of Economic Dynamics}, - year = 1999, - volume = 2, - pages = {245--272} -} - -@ARTICLE{kcGenesRisk, - author = {Kuhnen, Camelia M. and Chiao, Joan Y.}, - title = {Genetic Determinants of Financial Risk Taking}, - journal = {PLoS ONE}, - year = 2009, - volume = 4, - pages = {e4362}, - number = 2, - month = 02, - abstract = {Individuals vary in their willingness to take - financial risks. Here we show that variants of two - genes that regulate dopamine and serotonin - neurotransmission and have been previously linked to - emotional behavior, anxiety and addiction (5-HTTLPR - and DRD4) are significant determinants of risk - taking in investment decisions. We find that the - 5-HTTLPR {\it s/s} allele carriers take 28\% less - risk than those carrying the {\it s/l} or {\it l/l} - alleles of the gene. DRD4 7-repeat allele carriers - take 25\% more risk than individuals without the - 7-repeat allele. These findings contribute to the - emerging literature on the genetic determinants of - economic behavior.}, - bdsk-url-1 = {http://dx.doi.org/10.1371/journal.pone.0004362}, - doi = {10.1371/journal.pone.0004362}, - publisher = {Public Library of Science}, - url = {http://dx.doi.org/10.1371/journal.pone.0004362} -} - -@ARTICLE{kydland&prescott:timeto, - author = {{Kydland, Finn E.} and {Edward C. Prescott}}, - title = {Time to Build and Aggregate Fluctuations}, - journal = {Econometrica}, - year = 1982, - volume = 50, - pages = {1345--1370}, - number = 6 -} - -@ARTICLE{kydland&prescott:inconsistent, - author = {{Kydland, Finn E.} and {Edward C. Prescott}}, - title = {Rules Rather than Discretion: The Inconsistency of - Optimal Plans}, - journal = {Journal of Political Economy}, - year = 1977, - volume = 85, - pages = {473--491}, - number = 3 -} - -@TECHREPORT{lm04, - author = {L{\"}unnemann, Patrick and Math{\"}a, Thomas Y.}, - title = {How Persistent Is Disaggregate Inflation? An - Analysis Across EU Countries and HICP Subindices}, - institution = {European Central Bank}, - year = 2004, - type = {European Central Bank working paper}, - number = 415 -} - -@INPROCEEDINGS{Lutkepohl04, - author = {Helmut L{\"}utkepohl}, - title = {Vector Autoregressive and Vector Error Correction - Models}, - booktitle = {Applied Econometric Time Series}, - year = 2004, - editor = {Helmut L{\"}utkepohl and Markus Kr{\"}atzig}, - address = {Cambridge}, - publisher = {Cambridge University Press} -} - -@BOOK{luet91, - title = {Introduction to Multiple Time Series Analysis}, - publisher = {Springer}, - year = 1991, - author = {L{\"}utkepohl, Helmut}, - address = {New York et al.} -} - -@TECHREPORT{lsy05, - author = {Labhard, Vincent and Sterne, Gabriel and Young, - Chris}, - title = {Wealth and Consumption: An Assessment of the - International Evidence}, - institution = {Bank of England}, - year = 2005, - type = {Bank of England woking paper}, - number = 275 -} - -@ARTICLE{labonte:housingpricebubble, - author = {Labonte, Marc}, - title = {U.S. Housing Prices: Is There a Bubble?}, - journal = {Congressional Research Service}, - year = 2003 -} - -@TECHREPORT{laf05, - author = {Laforte, Jean-Philippe}, - title = {Pricing Models: A Bayesian DSGE approach for the US - Economy}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{laibson:goldeneggs, - author = {Laibson, David}, - title = {Golden Eggs and Hyperbolic Discounting}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = {CXII}, - pages = {443--477}, - number = 2 -} - -@ARTICLE{laibson:hyperbuffer, - author = {Laibson, David}, - title = {Hyperbolic Discount Functions and Time Preference - Heterogeneity}, - journal = {Manuscript, Harvard University}, - year = 1997 -} - -@TECHREPORT{lrtDiscount, - author = {David Laibson and Andrea Repetto and Jeremy - Tobacman}, - title = {Estimating Discount Functions with Consumption - Choices over the Lifecycle}, - institution = {National Bureau of Economic Research}, - year = 2007, - type = {Working Paper}, - number = 13314, - month = {August}, - abstract = {Intertemporal preferences are difficult to - measure. We estimate time preferences using a - structural buffer stock consumption model and the - Method of Simulated Moments. The model includes - stochastic labor income, liquidity constraints, - child and adult dependents, liquid and illiquid - assets, revolving credit, retirement, and discount - functions that allow short-run and long-run discount - rates to differ. Data on retirement wealth - accumulation, credit card borrowing, and - consumption-income comovement identify the - model. Our benchmark estimates imply a 40\% - short-term annualized discount rate and a 4.3\% - long-term annualized discount rate. Almost all - specifications reject the restriction to a constant - discount rate. Our quantitative results are - sensitive to assumptions about the return on - illiquid assets and the coefficient of relative risk - aversion. When we jointly estimate the coefficient - of relative risk aversion and the discount function, - the short-term discount rate is 15\% and the - long-term discount rate is 3.8\%.}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w13314} -} - -@ARTICLE{lrt:debtpuzzle, - author = {Laibson, David and Repetto, Andrea and Tobacman, - Jeremy}, - title = {A Debt Puzzle}, - journal = {Manuscript, Harvard University}, - year = 1999 -} - -@ARTICLE{laitner:random, - author = {Laitner, John}, - title = {Random Earning Differences, Lifetime Liquidity - Constraints, and Altruistic Intergenerational - Transfers}, - journal = {Journal of Economic Theory}, - year = 1992, - volume = 58, - pages = {135--170}, - number = 2 -} - -@BOOK{landesbergerRestitution, - title = {Restitution Receipts, Household Savings and - Consumption Behavior in Israel}, - publisher = {Research Department, Bank of Israel}, - year = 1970, - author = {Landesberger, Michael}, - address = {Jerusalem} -} - -@ARTICLE{landsberger:mpcbyy, - author = {Landsberger, M.}, - title = {Windfall Income and Consumption: Comment}, - journal = {American Economic Review}, - year = 1966, - volume = 56, - pages = {534--540} -} - -@ARTICLE{lmf:mark2, - author = {Lane, Philip R. and Milesi-Ferretti, Gian Maria}, - title = {The External Wealth of Nations Mark II: Revised and - Extended Estimates of Foreign Assets and - Liabilities}, - journal = {Journal of International Economics}, - year = 2007, - volume = 73, - pages = {223--250}, - number = 2 -} - -@ARTICLE{lawrance:timepref, - author = {Lawrance, Emily C.}, - title = {Poverty and the Rate of Time Preference: Evidence - from Panel Data}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {54--77}, - number = 1 -} - -@ARTICLE{lebaron:summary, - author = {LeBaron, Blake}, - title = {Agent Based Computational Finance: Suggested - Readings and Early Research}, - journal = {Journal of Economic Dynamics and Control}, - year = {forthcoming} -} - -@TECHREPORT{LeBlanc:2000, - author = {Le Blanc, Gilles}, - title = {Regional Specialization, Local Externalities And - Clustering In Information Technology Industries}, - institution = {European Regional Science Association}, - year = 2000, - type = {ERSA conference papers}, - month = Aug, - bdsk-url-1 = {http://ideas.repec.org/p/wiw/wiwrsa/ersa00p168.html}, - url = {http://ideas.repec.org/p/wiw/wiwrsa/ersa00p168.html} -} - -@ARTICLE{Lehnert2003, - author = {Lehnert, Andreas}, - title = {Housing, Consumption, and Credit Constraints}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 2003, - month = {December} -} - -@TECHREPORT{lehnert:housing, - author = {Andreas Lehnert}, - title = {Housing, Consumption and Credit Constraints}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2001, - type = {manuscript} -} - -@INPROCEEDINGS{Leicester2012, - author = {Leicester, Andrew}, - title = {The Potential Use of In-Home Scanner Technology for - Budget Surveys}, - booktitle = {Improving the Measurement of Household Expenditures}, - year = 2012, - editor = {Carroll, Christopher D. and Thomas Crossley and John - Sabelhaus}, - publisher = {University of Chicago Press} -} - -@INCOLLECTION{leicesterScanner, - author = {Andrew Leicester}, - title = {The Potential Use of In-Home Scanner Technology for - Budget Surveys}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\\ Slides are at - \url{http://www.nber.org/confer/2011/CRIWf11/Leicester-Slides.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/leicesterScanner.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/leicesterScanner.pdf:PDF} -} - -@ARTICLE{LelandPrecaution, - author = {Leland, Hayne E.}, - title = {Saving and Uncertainty: The Precautionary Demand for - Saving}, - journal = {Quarterly Journal of Economics}, - year = 1968, - volume = 82, - pages = {465--473} -} - -@ARTICLE{lelbang&mukhergee:politics, - author = {Lelbang, David and Mukherjee, Bumba}, - title = {Elections, Partisan Politics and Stock Market - Performance: Theory and Evidence from a Century of - American and British Returns}, - journal = {Manuscript, University of Colorado}, - year = 2004 -} - -@ARTICLE{lettau:portfolios, - author = {Lettau, Martin}, - title = {Explaining the Facts with Adaptive Agents: The Case - of Mutual Fund Flows}, - journal = {Journal of Economic Dynamics and Control}, - year = 1997, - volume = 21, - pages = {1117--1147} -} - -@ARTICLE{llTrendCycle, - author = {Lettau, Martin and Ludvigson, Sydney}, - title = {Understanding Trend and Cycle in Asset Values: - Reevaluating the Wealth Effect on Consumption}, - journal = {American Economic Review}, - year = 2004, - volume = 94, - pages = {276--299}, - number = 1, - note = {\url{http://www.jstor.org/stable/3592779}}, - date-modified ={2011-10-15 00:09:24 -0400}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/llTrendCycle.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/llTrendCycle.pdf:PDF}, - url = {http://www.jstor.org/stable/3592779} -} - -@ARTICLE{lettau&ludvigson:assetvalues, - author = {Lettau, Martin and Ludvigson, Sydney}, - title = {Understanding Trend and Cycle in Asset Values: - Reevaluating the Wealth Effect on Consumption}, - journal = {NBER Working Paper 9848}, - year = 2003 -} - -@ARTICLE{llStockReturns, - author = {Lettau, Martin and Ludvigson, Sydney}, - title = {Consumption, Aggregate Wealth, and Expected Stock - Returns}, - journal = {Journal of Finance}, - year = 2001, - volume = 56, - pages = {815--849}, - number = 3, - note = {\url{http://www.jstor.org/stable/222534}}, - url = {http://www.jstor.org/stable/222534} -} - -@ARTICLE{llb:comment, - author = {Lettau, Martin and Ludvigson, Sydney and Barczi, - Nathan}, - title = {A Primer on the Economics and Time Series - Econometrics of Wealth Effects: A Comment}, - journal = {Federal Reserve Bank of New York}, - year = 2001 -} - -@ARTICLE{lettau&uhlig:rulesofthumb, - author = {Lettau, Martin and Uhlig, Harald}, - title = {Rules of Thumb and Dynamic Programming}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {148--174} -} - -@ARTICLE{Levin:1998, - author = {Levin, Laurence}, - title = {Are assets fungible? Testing the behavioral theory - of life-cycle savings}, - journal = {Journal of Economic Organization and Behavior,}, - year = 1998, - volume = 36, - pages = {59--83}, - abstract = {This paper is an empirical investigation of the - behavioral life-cycle savings model. This model - posits that self-control problems causes individuals - to depart substantially from rational behavior. I - show that this model can explain how the consumption - of individuals at or near retirement vary with - changes in different types of financial - assets. Specifically, consumption spending is - sensitive to changes in income and in liquid assets, - but not very sensitive to changes in the value of - other types of assets such as houses and social - security (even though the value of non-liquid assets - is relatively large for most of the households in - the sample). In general, the evidence presented here - favors the Behavioral Life-Cycle Model over the - conventional life-cycle model even when liquidity - constraints are introduced.} -} - -@ARTICLE{levine&renelt:aer, - author = {{Levine, Ross E.} and {David Renelt}}, - title = {A Sensitivity Analysis of Cross-Country Growth - Regressions}, - journal = {American Economic Review}, - year = 1992, - volume = 82, - pages = {942--963}, - month = {September} -} - -@ARTICLE{lillard&weiss, - author = {Lillard, Lee A. and Weiss, Yoram}, - title = {Components of Variation in Panel Earnings Data: - American Scientists 1960-70}, - journal = {Econometrica}, - year = 1979, - volume = 47, - pages = {437--454}, - number = 2, - month = {March} -} - -@ARTICLE{lillard&karoly:richsave, - author = {Lillard, Lee and Karoly, Lynn}, - title = {Income and Wealth Accumulation Over the Lifecycle}, - journal = {Manuscript, RAND Corporation}, - year = 1997 -} - -@ARTICLE{lindbeck:welfarestate, - author = {Lindbeck, Assar}, - title = {Welfare State Disincentives with Endogenous Habits - and Norms}, - journal = {Scandinavian Journal of Economics}, - year = 1995, - volume = 97, - pages = {477--94}, - number = 4 -} - -@ARTICLE{lnw:norms, - author = {Lindbeck, Assar and Nyberg, S. and Weibull, J-W.}, - title = {Social Norms and Economic Incentives in the Welfare - State}, - journal = {Industrial Institute for Economic and Social - Research}, - year = 1997 -} - -@ARTICLE{lu00, - author = {Ljungqvist, Lars and Uhlig, Harald}, - title = {Tax Policy and Aggregate Demand Management under - Catching Up with the Joneses}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {356--366}, - number = 3, - month = {June} -} - -@INPROCEEDINGS{lss:whatdrivesbook, - author = {Loayza, Norman and Schmidt-Hebbel, Klaus and - Serv{\'e}n, Luis}, - title = {What Drives Saving Across the World?}, - booktitle = {Saving in the World: Puzzles and Policies}, - year = 1998, - editor = {Serv{\'e}n, Luis} -} - -@ARTICLE{lss:whatdrives, - author = {Loayza, Norman and Schmidt-Hebbel, Klaus and - Serv{\'e}n, Luis}, - title = {What Drives Saving Across the World?}, - journal = {Review of Economics and Statistics}, - year = 2000, - volume = 82, - number = 1, - month = May -} - -@TECHREPORT{GarciaOlivera:2005, - author = {Lopez, Miguel Angel Garcia and Olivera, Ivan Muniz}, - title = {The Spatial Effect of Intra-Metropolitan - Agglomeration Economies}, - institution = {Department of Applied Economics at Universitat - Autonoma of Barcelona}, - year = 2005, - type = {Working Papers}, - number = 0513, - month = {June}, - bdsk-url-1 = {http://ideas.repec.org/p/uab/wprdea/wpdea0513.html}, - url = {http://ideas.repec.org/p/uab/wprdea/wpdea0513.html} -} - -@ARTICLE{lnFeathers, - author = {LoPrete, Chiara and Catherine S. Norman}, - title = {Rockets And Feathers In CO2-Power Markets? New - Evidence From The Second Phase Of The EU ETS}, - journal = {Manuscript, Johns Hopkins University}, - year = 2011, - note = {\\ - \url{http://www.webmeets.com/files/papers/EAERE/2011/201/AsymmetricPassthrough_May25-1.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lnFeathers.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lnFeathers.pdf:PDF}, - url = - {http://www.webmeets.com/files/papers/EAERE/2011/201/AsymmetricPassthrough_May25-1.pdf} -} - -@INCOLLECTION{lucas:critique, - author = {Lucas, Robert E.}, - title = {Econometric Policy Evaluation: A Critique}, - booktitle = {The Phillips Curve and Labour Markets}, - publisher = {Journal of Monetary Economics (Supplement)}, - year = 1976, - editor = {Brunner, Karl and Meltzer, Allan H.}, - volume = 1, - pages = {19--46} -} - -@ARTICLE{lucasGrowth, - author = {Lucas, Robert E.}, - title = {On the Mechanics of Economic Development}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 22, - pages = {3--42} -} - -@BOOK{lucasBusinessCycles, - title = {Models of Business Cycles, Yrjo Jahnsson Lectures}, - publisher = {Basil Blackwell}, - year = 1985, - author = {Robert E. Lucas}, - address = {Oxford} -} - -@Article{lucas:assetpricing, - Title = {Asset Prices in an Exchange Economy}, - Author = {Lucas, Robert E.}, - Journal = {Econometrica}, - Year = 1978, - Month = {December}, - Note = {Available at { - \url{http://www.jstor.org/stable/1913837}}}, - Pages = {1429--1445}, - Volume = 46, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1913837} -} - -@ARTICLE{lucas&stokey:money, - author = {{Lucas, Robert E.} and {Stokey, Nancy L.}}, - title = {Optimal Fiscal and Monetary Policy in an Economy - without Capital}, - journal = {Journal of Monetary Economics}, - year = 1983, - volume = 12, - pages = {55--93}, - number = {x} -} - -@ARTICLE{lud04, - author = {Ludvigson, Sydney}, - title = {Consumer Confidence and Consumer Spending}, - journal = {Journal of Economic Perspectives}, - year = 2004, - volume = 18, - pages = {29--50}, - number = 2 -} - -@ARTICLE{ludvigson:credit, - author = {Ludvigson, Sydney}, - title = {Consumption and Credit: A Model of Time-Varying - Liquidity Constraints}, - journal = {The Review of Economics and Statistics}, - year = 1999, - volume = 81, - pages = {434--47}, - number = 3 -} - -@PHDTHESIS{ludvigson:creditthesis, - author = {Ludvigson, Sydney}, - title = {Consumption and Credit: A Model of Time-Varying - Liquidity Constraints}, - school = {Princeton University}, - year = 1996 -} - -@ARTICLE{lettau&ludvigson:bullsandbearsold, - author = {Ludvigson, Sydney and Lettau, Martin}, - title = {Understanding Trend and Cycle in Asset Values: - Bulls, Bears, and the Wealth Effect on Consumption}, - journal = {Manuscript, New York University}, - year = 2001 -} - -@ARTICLE{lettau&ludvigson:finance, - author = {Ludvigson, Sydney and Lettau, Martin}, - title = {Consumption, Aggregate Wealth, and Expected Stock - Returns}, - journal = {Journal of Finance}, - year = 2001, - volume = 56, - pages = {815--49}, - number = 3, - month = {June} -} - -@ARTICLE{lmExcesses, - author = {Ludvigson, Sydney and Michaelides, Alexander}, - title = {Does Buffer Stock Saving Explain the Smoothness and - Excess Sensitivity of Consumption?}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - pages = {631--647}, - number = 3, - month = {June}, - note = {\\ \url{http://www.jstor.org/stable/2677884}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lmExcesses.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lmExcesses.pdf:PDF}, - url = {http://www.jstor.org/stable/2677884} -} - -@ARTICLE{ludvigson&paxson:approximation, - author = {Ludvigson, Sydney and Paxson, Christina}, - title = {Approximation Bias in Euler Equation Estimation}, - journal = {Manuscript, Federal Reserve Bank of New York}, - year = 1997 -} - -@ARTICLE{ludvigson&steindel:stockmarket, - author = {Ludvigson, Sydney and Steindel, Charles}, - title = {How Important is the Stock Market Effect on - Consumption?}, - journal = {Federal Reserve Bank of New York Economic Policy - Review}, - year = 1999 -} - -@ARTICLE{ls04, - author = {Ludwig, Alexander and {Sl{\o}k}, Torsten}, - title = {The Relationship between Stock Prices, House Prices - and Consumption in OECD Countries}, - journal = {Topics in Macroeconomics}, - year = 2004, - volume = 4, - pages = {Article 4}, - number = 1 -} - -@UNPUBLISHED{LudwigSlok:2002, - author = {Ludwig, Alexander and Sl{\o}k, Torsten}, - title = {The Impact of Changes in Stock Prices and House - Prices on Consumption in OECD Countries}, - note = {Working Paper 02/1 International Monetary Fund}, - year = 2002 -} - -@ARTICLE{Ludwig2004, - author = {Ludwig, Alexander and Slok, Torsten}, - title = {The Relationship between Stock Prices, House Prices - and Consumption in OECD Countries}, - journal = {Topics in Macroeconomics}, - year = 2004, - volume = 4, - number = {1, Article 4}, - note = {available at - http://ideas.repec.org/a/bep/mactop/v4y2004i1p1} -} - -@ARTICLE{ludwig&slok:assetpricesIMFwp, - author = {Ludwig, Alexander and Slok, Torsten}, - title = {The Impact of Changes in Stock Prices and House - Prices on Consumption in OECD Countries}, - journal = {IMF Working Paper 02/01}, - year = 2002 -} - -@ARTICLE{luengoprado:excesses, - author = {Luengo-Prado, Maria Jos{\'}e}, - title = {Durables, Nondurables, Down Payments, and - Consumption Excesses}, - journal = {Journal of Monetary Economics}, - year = 2006, - volume = 53, - pages = {1509--1539} -} - -@ARTICLE{lsStates, - author = {Luengo-Prado, Maria Jos{\'}e and S\/orensen, Bent}, - title = {What Can Explain the Excess Smoothness and - Sensitivity of State-Level Consumption?}, - journal = {Review of Economics and Statistics}, - year = 1998, - volume = {Forthcoming} -} - -@ARTICLE{LPSorensen:2006, - author = {Luengo-Prado, Mar{\'}{\i}a Jos{\'}{e} and Sorensen, - Bent}, - title = {What Can Explain Excess Smoothness and Sensitivity - of State-Level Consumption?}, - journal = {Forthcoming in the Review of Economics and - Statistics}, - year = 2006 -} - -@INCOLLECTION{lusardiBehavioral, - author = {Lusardi, Annamaria}, - title = {Information, Expectations, and Savings for - Retirement}, - booktitle = {Behavioral Dimensions of Retirement Economics}, - publisher = {Russell Sage Foundation}, - year = 1999, - editor = {Aaron, Henry}, - pages = {81--115}, - address = {Washington, DC} -} - -@ARTICLE{lusardiPlanning, - author = {Lusardi, Annamaria}, - title = {Planning and Savings for Retirement}, - journal = {Dartmouth College Working Paper}, - year = 2003 -} - -@ARTICLE{lusardi:explaining, - author = {Lusardi, Annamaria}, - title = {Explaining Why So Many Households Do Not Save}, - journal = {Manuscript, Dartmouth College}, - year = 1999 -} - -@ARTICLE{lusardi:importance, - author = {Lusardi, Annamaria}, - title = {On the Importance of the Precautionary Saving - Motive}, - journal = {American Economic Review Papers and Proceedings}, - year = 1998, - volume = 88, - pages = {449--453}, - number = 2 -} - -@ARTICLE{lusardi:subjective, - author = {Lusardi, Annamaria}, - title = {Precautionary Saving and Subjective Earnings - Variance}, - journal = {Economics Letters}, - year = 1997, - volume = 57, - pages = {319--326} -} - -@ARTICLE{lusardi:panel, - author = {Lusardi, Annamaria}, - title = {Permanent Income, Current Income, and Consumption: - Evidence from Panel Data}, - journal = {Manuscript, Dartmouth College}, - year = 1992 -} - -@ARTICLE{lusardiMitchellLiteracy, - author = {Lusardi, Annamaria and Mitchell, Olivia}, - title = {Financial Literacy and Planning: Implications for - Retirement Wellbeing}, - journal = {Wharton School Working Paper}, - year = 2006 -} - -@ARTICLE{lusardiMitchellBoomers, - author = {Lusardi, Annamaria and Mitchell, Olivia S.}, - title = {Baby Boomer Retirement Security: The Roles of - Planning, Financial Literacy, and Housing Wealth}, - journal = {Journal of Monetary Economics}, - year = 2007, - volume = {Forthcoming}, - bdsk-url-1 = {http://dx.doi.org/10.1016/j.moneco.2006.12.001}, - doi = {doi:10.1016/j.moneco.2006.12.001} -} - -@ARTICLE{lstFragile, - author = {Lusardi, Annamaria and Schneider, Daniel J. and - Peter Tufano}, - title = {Financially Fragile Households: Evidence and - Implications}, - journal = {NBER Working Paper Number 17072}, - year = 2011, - number = 17072, - note = {\url{http://www.nber.org/papers/w17072}}, - file = {lstFragile.pdf:lstFragile.pdf:PDF}, - publisher = {National Bureau of Economic Research, Inc}, - url = {http://www.nber.org/papers/w17072} -} - -@ARTICLE{lusardiSkinnerPolicy, - author = {Lusardi, Annamaria and Skinner, Jonathan and Venti, - Steven}, - title = {Saving Puzzles and Saving Policies in the United - States}, - journal = {Oxford Review of Economic Policy}, - year = 2001, - volume = 17, - pages = {95--115}, - number = 1 -} - -@ARTICLE{lv05, - author = {Lustig, Hanno N. and {Van Nieuwerburgh}, Stijn G.}, - title = {Housing Collateral, Consumption Insurance and Risk - Premia: An Empirical Perspective}, - journal = {Journal of Finance}, - year = 2005, - volume = 60, - pages = {1167--1219}, - number = 3 -} - -@MISC{Melitz/Zumer:1999, - author = {M{\'}{e}litz, Jacques and Zumer, - Fr{\'}{e}d{\'}{e}ric}, - title = {Interregional and international risk sharing and - lessons for EMU}, - howpublished = {CEPR Discussion Paper No. 2154}, - month = {May}, - year = 1999, - file = {:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/#F#:Djvu} -} - -@ARTICLE{mullerelliott:initial, - author = {M{\"}uller, Ulirich K. and Elliott, Graham}, - title = {Tests for unit roots and the initial condition}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {1269--}, - number = 4, - month = {July} -} - -@ARTICLE{ms07, - author = {M{\"}unich, Daniel and Svejnar, Jan}, - title = {Unemployment in {E}ast and {W}est {E}urope}, - journal = {Labor Economics}, - year = 2007, - volume = 14, - pages = {681--694}, - number = 4 -} - -@ARTICLE{mst05a, - author = {M{\"}unich, Daniel and Svejnar, Jan and Terrell, - Katherine}, - title = {Returns to Human Capital Under The {C}ommunist Wage - Grid and During the Transition to a Market Economy}, - journal = {The Review of Economics and Statistics}, - year = 2005, - volume = 87, - pages = {100--123}, - number = 1 -} - -@ARTICLE{mst05, - author = {Daniel M{\"u}nich and Jan Svejnar and Catherine - Terrell}, - title = {Is Women's Human Capital Valued More by Markets than - by Planners?}, - journal = {Journal of Comparative Economics}, - year = 2005, - volume = 33, - pages = {278--299}, - number = 2 -} - -@TECHREPORT{mw07, - author = {Ma{\'}ckowiak, Bartosz and Wiederholt, Mirko}, - title = {Optimal Sticky Prices under Rational Inattention}, - institution = {Northwestern University}, - year = 2007, - type = {mimeo} -} - -@BOOK{macaulay, - title = {The Movements of Interest Rates, Bond Yields and - Stock Prices in the United States Since 1856}, - publisher = {National Bureau of Economic Research}, - year = 1938, - author = {Macaulay, Frederick R.}, - address = {New York} -} - -@TECHREPORT{mr07, - author = {Machin, Stephen and {Van Reenen}, John}, - title = {Changes in Wage Inequality}, - institution = {Center for Economic Performance, London School of - Economics and Political Science}, - year = 2007, - type = {Special Paper}, - number = 18 -} - -@ARTICLE{macklem:consumption, - author = {Macklem, R. Tiff}, - title = {Wealth, Disposable Income and Consumption: Some - Evidence for Canada}, - journal = {Bank of Canada}, - year = 1994 -} - -@article{macurdyLelasticity, - author = {MaCurdy, Thomas E.}, - journal = {Journal of Political Economy}, - month = {December}, - number = 6, - pages = {1059-1085}, - title = {An Empirical Model of Labor Supply in a Life-Cycle - Setting}, - volume = 89, - year = 1981, -} - -@ARTICLE{madrian&shea:401k, - author = {Madrian, Brigitte C. and Shea, Dennis F.}, - title = {The Power of Suggestion: Inertia in 401(k) - Participation and Savings Behavior}, - journal = {NBER Working Paper 7682}, - year = 2000, - month = may -} - -@ARTICLE{mpCohort, - author = {Maki, Dean M. and Michael G. Palumbo}, - title = {Disentangling the Wealth Effect: A Cohort Analysis - of Household Saving in the 1990s}, - journal = {Finance and Economics Discussion Series 2001-21}, - year = 2001, - publisher = {Federal Reserve Board of Governors} -} - -@ARTICLE{maliar:KS, - author = {Maliar, Lilia and Maliar, Serguei and Valli, - Fernando}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty Using the Krusell Smith Algorithm}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {42--49}, - number = 1, - month = {January} -} - -@ARTICLE{maliar, - author = {Maliar, Lilia and Maliar, Serguei and Valli, - Fernando}, - title = {Comparing Numerical Solutions of Models with - Heterogeneous Agents (Models B): a Grid-based Euler - Equation Algorithm}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{mnDepressionBabies, - author = {Malmendier, Ulrike and Stefan Nagel}, - title = {Depression Babies: Do Macroeconomic Experiences - Affect Risk Taking?}, - journal = {Quarterly Journal of Economics}, - year = 2011, - volume = 126, - number = {373--416}, - doi = {10.1093/qje/qjq004}, - file = {mnDepressionBabies.pdf:mnDepressionBabies.pdf:PDF}, - url = - {http://qje.oxfordjournals.org/content/126/1/373.full} -} - -@ARTICLE{mangasarian:sufficient, - author = {Mangasarian, A.}, - title = {Sufficient Conditions for the Optimal Control of - Nonlinear Systems}, - journal = {SIAM Journal on Control}, - year = 1966, - volume = 4, - pages = {139--152} -} - -@ARTICLE{mankiw:inexorable, - author = {Mankiw, N. Gregory}, - title = {The Inexorable and Mysterious Tradeoff Between - Inflation and Unemployment}, - journal = {Economic Journal}, - year = 2001, - volume = 111, - pages = {C45-C61}, - number = 471 -} - -@INPROCEEDINGS{mankiw:saversspenders, - author = {Mankiw, N. Gregory}, - title = {The Savers-Spenders Theory of Fiscal Policy}, - booktitle = {American Economic Review Papers and Proceedings}, - year = 2000 -} - -@ARTICLE{mankiw:growth, - author = {Mankiw, N. Gregory}, - title = {The Growth of Nations}, - journal = {Brookings Papers on Economic Activity}, - year = 1995, - volume = 1995, - pages = {275--326}, - number = 1 -} - -@ARTICLE{mankiw:durgoods, - author = {Mankiw, N. Gregory}, - title = {Hall's Consumption Hypothesis and Durable Goods}, - journal = {Journal of Monetary Economics}, - year = 1982, - volume = 10, - pages = {417--425}, - number = 3 -} - -@INPROCEEDINGS{mr03, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Sticky Information: A model of Monetary - Non-neutrality and Structural Slumps}, - booktitle = {Knowledge, Information, and Expectation in Modern - Macroeconomics}, - year = 2003, - editor = {Aghion, Phillipe}, - pages = {64--86}, - address = {Cambridge, MA}, - publisher = {MIT Press} -} - -@ARTICLE{mr06, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Pervasive Stickiness}, - journal = {American Economic Review}, - year = 2006, - volume = 96, - pages = {164--169}, - number = 2 -} - -@article{mrsBalance, - author = {Atif Mian and Kamalesh Rao and Amir Sufi}, - journal = {Manuscript, University of California at Berkeley}, - title = {Household Balance Sheets, Consumption, and the - Economic Slump}, - year = {2011}, -} - -@inproceedings{mb54, - address = {New Brunswick, NJ}, - author = {Franco Modigliani and Richard Brumberg}, - booktitle = {Post-Keynesian Economics}, - editor = {Kenneth K. Kurihara}, - publisher = {Rutgers University Press}, - title = {Utility Analysis and the Consumption Function: An - Interpretation of Cross-Section Data}, - year = {1954}, -} - -@article{scWhySavSoLow, - author = {Summers, Lawrence H. and Carroll, Christopher D.}, - journal = {Brookings Papers on Economic Activity}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/NatSavSoLow.pdf}}, - number = {2}, - pages = {607--636}, - title = {Why is U.S.\ National Saving So Low?}, - volume = {1987}, - year = {1987}, - url = {http://econ.jhu.edu/people/ccarroll/NatSavSoLow.pdf}, -} - -@comment{mankiw&reis:slumpsartOld} -@ARTICLE{mrSlumpsNBER, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Sticky Information: A Model of Monetary - Nonneutrality and Structural Slumps}, - journal = {NBER Working Paper Number 8614}, - year = 2001 -} - -@ARTICLE{mrSlumps, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Sticky Information Versus Sticky Prices: A Proposal - to Replace the New Keynesian Phillips Curve}, - journal = {Quarterly Journal of Economics}, - year = 2002, - volume = 117, - pages = {1295--1328}, - number = 4, - month = {November} -} - -@ARTICLE{mrw:contribution, - author = {Mankiw, N. Gregory and Romer, David and Weil, David - N.}, - title = {A Contribution to the Empirics of Economic Growth}, - journal = {Quarterly Journal of Economics}, - year = 1992, - volume = 107, - pages = {407--437} -} - -@ARTICLE{mankiw&zeldes:stockholders, - author = {Mankiw, N. Gregory and Zeldes, Stephen P.}, - title = {The Consumption of Stockholders and Non - Stockholders}, - journal = {Journal of Financial Economics}, - year = 1989, - volume = 15, - pages = {145--61} -} - -@ARTICLE{MankiwZeldes:1991, - author = {Mankiw, N. Gregory and Zeldes., Stephen P.}, - title = {The Consumption of Stockholders and - Non-Stockholders}, - journal = {Journal of Financial Economics}, - year = 1991, - volume = 29, - pages = {97--112} -} - -@ARTICLE{mmSkip, - author = {Manski, C.F. and Molinari, F.}, - title = {Skip Sequencing: A Decision Problem in Questionnaire - Design}, - journal = {The Annals of Applied Statistics}, - year = 2008, - volume = 2, - pages = 264, - number = 1, - publisher = {NIH Public Access} -} - -@ARTICLE{marcet&sargent:convergence, - author = {Marcet, Albert and Sargent, Thomas J.}, - title = {Convergence of Least Squares Learning Mechanisms in - Self Referential Linear Stochastic Models}, - journal = {Journal of Economic Theory}, - year = 1991, - volume = 48, - pages = {337--68} -} - -@ARTICLE{MarigerLiqConstr87, - author = {Mariger, Randall P.}, - title = {A Life-Cycle Consumption Model with Liquidity - Constraints: Theory and Empirical Results}, - journal = {Econometrica}, - year = 1987, - volume = 55, - number = {533-557} -} - -@INCOLLECTION{marimon:learning, - author = {Marimon, Ramon}, - title = {Learning from Learning in Economics}, - booktitle = {Advances in Economics and Econometrics: Theory and - Applications, Volume I}, - publisher = {Cambridge University Press}, - year = 1997, - editor = {Kreps, David and Wallis, K.}, - address = {Cambridge} -} - -@BOOK{markowitz, - title = {Portfolio Selection: Efficient Diversification of - Investment}, - publisher = {John Wiley and Sons}, - year = 1959, - author = {Markowitz, Harold}, - address = {New York} -} - -@BOOK{marshall:principles, - title = {Principles of Economics}, - publisher = {The MacMillan Company}, - year = 1898, - author = {Marshall, Alfred}, - address = {New York}, - edition = {Eighth} -} - -@BOOK{mayer:pihbook, - title = {Permanent Income, Wealth, and Consumption}, - publisher = {University of California Press}, - year = 1972, - author = {Mayer, Thomas}, - address = {Berkeley} -} - -@TECHREPORT{mp02, - author = {Mc{C}arthy, Jonathan and Peach, Richard W.}, - title = {Monetary Policy Transmission to Residential - Investment}, - institution = {Federal Reserve Bank of New York}, - year = 2002, - type = {{FRBNY Economic Policy Review}}, - number = 1, - pages = {139--158}, - volume = 8 -} - -@ARTICLE{oecdMicro, - author = {McCall, Robert}, - title = {Development of International Guidelines and - Frameworks for Micro Statistics on Household Income, - Consumption and Wealth}, - journal = {Presentation at 32nd General Conference of the - International Association for Research in Income and - Wealth}, - year = 2012, - note = - {\url{http://www.iariw.org/papers/2012/McCollPaper.pdf}}, - url = {http://www.iariw.org/papers/2012/McCollPaper.pdf} -} - -@ARTICLE{mccallum:review, - author = {McCallum, Bennett T.}, - title = {Recent Developments in Monetary Policy Analysis: The - Roles of Theory and Evidence}, - journal = {Federal Reserve Bank of Richmond Economic Quarterly}, - year = 2002, - volume = 88, - pages = {67--95}, - number = 1 -} - -@ARTICLE{mccarthy:debt, - author = {McCarthy, Jonathan}, - title = {Does the Household Balance Sheet Affect Expenditures - Response to Monetary Policy?}, - journal = {Manuscript, Federal Reserve Bank of New York}, - year = 1997 -} - -@ARTICLE{mccarthy:mpc, - author = {McCarthy, Jonathan}, - title = {Imperfect Insurance and Differing Propensities to - Consume Across Households}, - journal = {Journal Of Monetary Economics}, - year = 1995, - volume = 36, - pages = {301--327}, - number = 2 -} - -@ARTICLE{mcculloughReplicability, - author = {McCullough, Bruce D.}, - title = {Got Replicability? The Journal of Money, Credit and - Banking Archive}, - journal = {Econ Journal Watch}, - year = 2007, - volume = 4, - pages = {326--337}, - number = 3 -} - -@INCOLLECTION{meghirPistaferri_earnigsClifeCycle, - author = {Costas Meghir and Luigi Pistaferri}, - title = {Earnings, Consumption and Life Cycle Choices}, - booktitle = {Handbook of Labor Economics}, - publisher = {Elsevier}, - year = 2011, - editor = {O. Ashenfelter and D. Card}, - volume = 4, - chapter = 9, - pages = {773--854} -} - -@ARTICLE{meghir&pistaferri, - author = {Meghir, Costas and Pistaferri, Luigi}, - title = {Income Variance Dynamics and Heterogeneity}, - journal = {Journal of Business and Economic Statistics}, - year = 2004, - volume = 72, - pages = {1--32}, - number = 1 -} - -@comment{meghir&weber:habitsOld} -@ARTICLE{mwHabits, - author = {Meghir, Costas and Weber, Guglilelmo}, - title = {Intertemporal Non-Separability or Borrowing - Restrictions? A Disaggregate Analysis Using a - U.S. Consumption Panel}, - journal = {Econometrica}, - year = 1996, - volume = 64, - pages = {1151--82}, - number = 5 -} - -@Article{mehraPrescottPuzzle, - Title = {The Equity Premium: A Puzzle}, - Author = {Mehra, Rajnish and Prescott, Edward C.}, - Journal = {Journal of Monetary Economics}, - Year = 1985, - Note = {Available at { - \url{http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html}}}, - Pages = {145-61}, - Volume = 15, - Owner = {Nic Johnson}, - Url = - {http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html} -} - -@Article{mehra&prescott:puzzle, - Title = {The Equity Premium: A Puzzle}, - Author = {Mehra, Rajnish and Prescott, Edward C.}, - Journal = {Journal of Monetary Economics}, - Year = 1985, - Note = {Available at { - \url{http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html}}}, - Pages = {145-61}, - Volume = 15, - Owner = {Nic Johnson}, - Url = - {http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html} -} - -@ARTICLE{mehra:wealtheffect, - author = {Mehra, Yash}, - title = {The Wealth Effect in Empirical Life Cycle Aggregate - Consumption Equations}, - journal = {Federal Reserve Bank of Richmond Economic Quarterly, - 87/2}, - year = 2001 -} - -@ARTICLE{mehra:surveyinfl, - author = {Mehra, Yash P.}, - title = {Survey Measures of Expected Inflation: Revisiting - the Issues of Predictive Content and Rationality}, - journal = {Manuscript, Federal Reserve Bank of Richmond}, - year = 2002 -} - -@ARTICLE{menchik&david:nodissav, - author = {Menchik, Paul L. and David, Martin}, - title = {Income Distribution, Lifetime Savings, and Bequests}, - journal = {American Economic Review}, - year = 1983, - volume = 83, - pages = {672--690}, - number = 4 -} - -@ARTICLE{MendelsonAmihud:consumption, - author = {Mendelson, Haim and Amihud, Yakov}, - title = {Optimal Consumption Policy Under Uncertain Income}, - journal = {Management Science}, - year = 1982, - volume = 28, - pages = {683--697}, - number = 6, - month = {June} -} - -@article{mqrImbal, - Author = {Enrique G. Mendoza and Vincenzo Quadrini and Jos\'{e}-V\'{i}ctor R\'{i}os-Rull}, - Title = "{Financial Integration, Financial Development, and Global Imbalances}", - journal={Journal of Political Economy}, - Year = {2009}, - volume={117}, - number={3}, -} - -@ARTICLE{mqrImbal-NBERWP, - author = {Mendoza, Enrique G. and Quadrini, Vincenzo and - Rios-Rull, Jose-Victor}, - title = {Financial Integration, Financial Deepness and Global - Imbalances}, - journal = {NBER Working Paper Number w12909}, - year = 2007 -} - -@ARTICLE{merton:restat, - author = {Merton, Robert C.}, - title = {Lifetime Portfolio Selection under Uncertainty: The - Continuous Time Case}, - journal = {Review of Economics and Statistics}, - year = 1969, - volume = 51, - pages = {247--257} -} - -@ARTICLE{msFallacy, - author = {Merton, Robert C. and Samuelson, Paul A.}, - title = {Fallacy of the Log-Normal Approximation to Optimal - Portfolio Decision-Making over Many Periods}, - journal = {Journal of Financial Economics}, - year = 1974, - volume = 1, - pages = {67--94}, - number = 1, - issn = {0304-405X}, - publisher = {Elsevier} -} - -@ARTICLE{msWinning, - author = {Meyer, Bruce D. and Sullivan, James X.}, - title = {Winning the War: Poverty from the Great Society to - the Great Recession}, - journal = {Brookings Papers on Economic Activity}, - year = 2012, - month = {Fall}, - url = - {http://www.brookings.edu/~/media/Projects/BPEA/Fall2012/2012fallmeyer.pdf} -} - -@ARTICLE{msDecades, - author = {Meyer, Bruce D. and Sullivan, James X.}, - title = {Five Decades of Consumption and Income Poverty}, - journal = {Working Papers, Harris School of Public Policy - Studies, University of Chicago}, - year = 2009 -} - -@ARTICLE{MianSufi:2011, - author = {Mian, Atif and Sufi, Amir}, - title = {Consumers and the Economy, Part II: Household Debt - and the Weak U.S. Recovery}, - journal = {FRBSF Economic Letter}, - year = 2011, - volume = 4, - month = {January} -} - -@TECHREPORT{msClunkers, - author = {Mian, Atif and Sufi, Amir}, - title = {The Effects of Fiscal Stimulus: Evidence from the - 2009 `Cash for Clunkers' Program'}, - institution = {National Bureau of Economic Research}, - year = 2010, - type = {Working Paper}, - number = 16351, - month = {September}, - abstract = {A key rationale for fiscal stimulus is to boost - consumption when aggregate demand is perceived to be - inefficiently low. We examine the ability of the - government to increase consumption by evaluating the - impact of the 2009 ``Cash for Clunkers'' program on - short and medium run auto purchases. Our empirical - strategy exploits variation across U.S. cities in - ex-ante exposure to the program as measured by the - number of ``clunkers'' in the city as of the summer - of 2008. We find that the program induced the - purchase of an additional 360,000 cars in July and - August of 2009. However, almost all of the - additional purchases under the program were pulled - forward from the very near future; the effect of the - program on auto purchases is almost completely - reversed by as early as March 2010 -- only seven - months after the program ended. The effect of the - program on auto purchases was significantly more - short-lived than previously suggested. We also find - no evidence of an effect on employment, house - prices, or household default rates in cities with - higher exposure to the program.}, - bdsk-url-1 = {http://www.nber.org/papers/w16351}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w16351} -} - -@ARTICLE{msMortgage, - author = {Mian, Atif and Sufi, Amir}, - title = {The Consequences of Mortgage Credit Expansion: - Evidence from the U.S. Mortgage Default Crisis}, - journal = {Quarterly Journal of Economics}, - year = 2009, - volume = 124, - number = 4, - month = {November} -} - -@ARTICLE{mianSufiQJE, - author = {Mian, Atif and Sufi, Amir}, - title = {The Consequences of Mortgage Credit Expansion: - Evidence from the 2007 Mortgage Default Crisis}, - journal = {Forthcoming, {\it Quarterly Journal of Economics}}, - year = 2008, - month = Apr, - note = {Available at - \url{http://ideas.repec.org/p/nbr/nberwo/13936.html}}, - institution = {National Bureau of Economic Research, Inc}, - type = {NBER Working Paper No. 13936} -} - -@ARTICLE{michaelides:reversion, - author = {Michaelides, Alexander}, - title = {Portfolio Choice, Liquidity Constraints and Stock - Market Mean Reversion}, - journal = {CEPR Discussion Paper No. 2823}, - year = 2005 -} - -@ARTICLE{michaelides:reconcile, - author = {Michaelides, Alexander}, - title = {A Reconciliation of Two Alternative Approaches - Towards Buffer Stock Saving}, - journal = {Economics Letters}, - year = 2003, - volume = 79, - pages = {137--143}, - number = 1, - month = {April} -} - -@ARTICLE{michaelidesBufHab, - author = {Michaelides, Alexander}, - title = {Buffer Stock Saving and Habit Formation}, - journal = {Manuscript, London School of Economics}, - year = 2002 -} - -@ARTICLE{GomesMichaelides:PortHabits, - author = {Michaelides, Alexander and Gomes, Francisco}, - title = {Portfolio Choice with Internal Habit Formation: A - Life-Cycle Model with Uninsurable Labor Income Risk}, - journal = {Review of Economic Dynamics}, - year = 2003, - volume = 6, - pages = {729--766}, - month = {October} -} - -@ARTICLE{michaelidesHaliassos:portfolio, - author = {Michaelides, Alexander and Haliassos, Michael}, - title = {Portfolio Choice and Liquidity Constraints}, - journal = {International Economic Review}, - year = 2003, - volume = 44, - pages = {144--177}, - number = 1, - month = {February} -} - -@ARTICLE{KalyvitisMichaelides:exchrates, - author = {Michaelides, Alexander and Kalyvitis, Sarantis}, - title = {New Evidence on the Effects of U.S.\ Monetary Policy - on Exchange Rates}, - journal = {Economics Letters}, - year = 2001, - volume = 71, - pages = {255--263}, - number = 2, - month = {May} -} - -@ARTICLE{michaelidesNg:speculative, - author = {Michaelides, Alexander and Ng, Serena}, - title = {Estimating the Rational Expectations Model of - Speculative Storage: A Monte Carlo Comparison of - Three Simulation Estimators}, - journal = {Journal of Econometrics}, - year = 2000, - volume = 96, - pages = {231--266}, - number = 2, - month = {June} -} - -@ARTICLE{ng:estbysim, - author = {Michaelides, Alexander and Ng, Serena}, - title = {Estimating the Rational Expectations Model of - Speculative Storage: A Monte Carlo Comparison of - Three Simulation Estimators}, - journal = {Manuscript, Department of Economics, Boston - University}, - year = 1997 -} - -@BOOK{micklethwaitWooldridgeCompany, - title = {The Company: A Short History of a Revolutionary - Idea}, - publisher = {Modern Library}, - year = 2002, - author = {Micklethwait, John and Wooldridge, Adrian} -} - -@MISC{milesi&roubini:hctax, - author = {{Milesi-Ferretti, Gian~Maria} and {Nouriel Roubini}}, - title = {Optimal Taxation of Human and Physical Capital in - Endogenous Growth Models}, - howpublished = {Mimeo}, - year = 1993 -} - -@ARTICLE{MillerPIH, - author = {Miller, Bruce L}, - title = {The Effect on Optimal Consumption of Increased - Uncertainty in Labor Income in the Multiperiod Case}, - journal = {Journal of Economic Theory}, - year = 1976, - volume = 13, - pages = {154--166} -} - -@ARTICLE{mishkin:durables, - author = {Mishkin, Frederic S.}, - title = {Consumer Sentiment and Spending on Durable Goods}, - journal = {Brookings Papers on Economic Activity, 1978:1}, - year = 1978, - pages = {217--231} -} - -@ARTICLE{mishkin:brookings, - author = {Mishkin, Frederic S.}, - title = {What Depressed the Consumer? The Household Balance - Sheet and the 1973-75 Recession}, - journal = {Brookings Papers on Economic Activity, 1977:1}, - year = 1977, - pages = {123--164} -} - -@ARTICLE{mishkin:aer, - author = {Mishkin, Frederic S.}, - title = {Illiquidity, Consumer Durable Expenditure, and - Monetary Policy}, - journal = {American Economic Review}, - year = 1976, - volume = 66, - pages = {642--654}, - number = 4 -} - -@TECHREPORT{misraSurico:heteroResponses, - author = {Kanisha Misra and Paolo Surico}, - title = {Heterogeneous Responses and Aggregate Impact of the - 2001 Income Tax Rebates}, - institution = {CEPR}, - year = 2011, - type = {discussion paper}, - number = 8306 -} - -@article{modiglianiWealth, - author = {Modigliani, Franco}, - title = {The Life Cycle Hypothesis, the Demand for Wealth, - and the Supply of Capital}, - journal = {Social Research}, - volume = 33, - pages = {160--217}, - year = 1966 -} - -@INCOLLECTION{modigliani:intercountry, - author = {Modigliani, Franco}, - title = {The Life Cycle Hypothesis of Saving and - Inter-Country Differences in the Saving Ratio}, - booktitle = {Induction, Growth, and Trade: Essays in Honor of Sir - Roy Harrod}, - publisher = {Clarendon Press}, - year = 1970, - editor = {Eltis, W.~A., et. al.}, - address = {London} -} - -@Article{modigliani:nobel, - Title = {Life Cycle, Individual Thrift, and the Wealth of - Nations}, - Author = {Modigliani, Franco}, - Journal = {American Economic Review}, - Year = 1986, - Month = {June}, - Note = {Available at { - \url{http://www.jstor.org/stable/1813352}}}, - Number = 76, - Pages = {297--313}, - Volume = 3, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1813352} -} - -@ARTICLE{ma63, - author = {Modigliani, Franco and Ando, Albert}, - title = {The Life Cycle Hypothesis of Saving: Aggregate - Implications and Tests}, - journal = {American Economic Review}, - year = 1963, - volume = 53, - pages = {55--84}, - number = 1 -} - -@INCOLLECTION{modigliani&brumberg:lifecycle, - author = {Modigliani, Franco and Brumberg, Richard}, - title = {Utility Analysis and the Consumption Function: An - Interpretation of Cross-Section Data}, - booktitle = {Post-Keynesian Economics}, - publisher = {Rutgers University Press}, - year = 1954, - editor = {Kurihara, Kenneth K.}, - pages = {388--436}, - address = {New Brunswick, N.J.} -} - -@ARTICLE{mmTheorem, - author = {Modigliani, Franco and Miller, Merton H.}, - title = {The Cost of Capital, Corporation Finance, and the - Theory of Investment}, - journal = {American Economic Review}, - year = 1958, - volume = 48, - pages = {261--297}, - number = 3, - month = {June} -} - -@INCOLLECTION{moffitt02, - author = {Moffitt, Robert}, - title = {Welfare Programs and Labor Supply}, - booktitle = {Handbook of Public Economics}, - publisher = {Elsevier}, - year = 2002, - editor = {Auerbach, A. J. and Feldstein, M.}, - volume = 4, - series = {Handbook of Public Economics}, - chapter = 34, - pages = {2393--2430} -} - -@ARTICLE{moffittID, - author = {Moffitt, Robert}, - title = {Identification And Estimation Of Dynamic Models With - A Time Series Of Repeated Cross-Sections}, - journal = {Journal of Econometrics}, - year = 1993, - volume = 59, - pages = {99--123}, - number = {1-2}, - publisher = {Elsevier} -} - -@ARTICLE{moffitt84, - author = {Moffitt, Robert}, - title = {The Estimation of a Joint Wage-Hours Labor Supply - Model}, - journal = {Journal of Labor Economics}, - year = 1984, - volume = 2, - pages = {550--66}, - number = 4 -} - -@ARTICLE{moffitt&gottschalk08, - author = {Moffitt, Robert A. and Gottschalk, Peter}, - title = {Trends in Transitory Variance of Male Earnings in - the U.S., 1970-2004}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{moffitt&gottschalk02, - author = {Moffitt, Robert A. and Gottschalk, Peter}, - title = {Trends in the Transitory Variance of Earnings in the - United States}, - journal = {Economic Journal}, - year = 2002, - volume = 112 -} - -@ARTICLE{moffitt&gottschalk95, - author = {Moffitt, Robert A. and Gottschalk, Peter}, - title = {Trends in the Covariance Structure of Earnings in - the U.S.: 1969-1987}, - journal = {Manuscript}, - year = 1995 -} - -@ARTICLE{mgCovariance, - author = {Moffitt, Robert and Gottschalk, Peter}, - title = {Trends in the Covariance Structure of Earnings in - the U.S.: 1969--1987}, - journal = {Journal of Economic Inequality}, - year = 2011, - volume = 9, - pages = {439--459}, - note = {doi: 10.1007/s10888-010-9154-z}, - affiliation = {Johns Hopkins University, Baltimore, MD, USA}, - file = - {/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/mgCovariance.pdf:/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/mgCovariance.pdf:PDF}, - issn = {1569-1721}, - issue = 3, - keyword = {Business and Economics}, - publisher = {Springer Netherlands}, - url = {http://dx.doi.org/10.1007/s10888-010-9154-z} -} - -@TECHREPORT{MooreJohnson:2005, - author = {Moore, Kevin and Johnson, Barry}, - title = {Consider the Source: Differences in Estimates of - Income and Wealth from Survey and Tax Data}, - institution = {Federal Reserve Board, Internal Revenue Service}, - year = 2005, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/johnsmoore.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/johnsmoore.pdf}}, - month = {January} -} - -@ARTICLE{mor03, - author = {Moreira, Marcelo J.}, - title = {A Conditional Likelihood Ratio Test for Structural - Models}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {1027--1048}, - number = 4 -} - -@ARTICLE{morris&shin:inertia, - author = {Morris, Stephen and Shin, Hyung Sohn}, - title = {The Inertia of Forward Looking Expectations}, - journal = {Manuscript, London School of Economics}, - year = 2005 -} - -@ARTICLE{mpSearch, - author = {Mortensen, Dale T and Pissarides, Christopher A}, - title = {Job Creation and Job Destruction in the Theory of - Unemployment}, - journal = {Review of Economic Studies}, - year = 1994, - volume = 61, - pages = {397--415}, - number = 3, - month = {July}, - bdsk-url-1 = - {http://ideas.repec.org/a/bla/restud/v61y1994i3p397-415.html}, - url = - {http://ideas.repec.org/a/bla/restud/v61y1994i3p397-415.html} -} - -@ARTICLE{mroz87, - author = {Mroz, Thomas A}, - title = {The Sensitivity of an Empirical Model of Married - Women's Hours of Work to Economic and Statistical - Assumptions}, - journal = {Econometrica}, - year = 1987, - volume = 55, - pages = {765--99}, - number = 4 -} - -@ARTICLE{muellbauerFed, - author = {Muellbauer, John N.}, - title = {Housing, Credit, and Consumer Expenditure}, - journal = {Housing, Housing Finance, and Monetary Policy}, - year = 2007, - bdsk-url-1 = - {http://www.kc.frb.org/publicat/sympos/2007/PDF/Muellbauer_0415.pdf}, - publisher = {Federal Reserve Bank of Kansas City}, - url = {http://www.kc.frb.org/publicat/sympos/2007/PDF/Muellbauer_0415.pdf} -} - -@ARTICLE{mulligan&xavier:transition, - author = {Mulligan, Casey and i Martin, Xavier Sala}, - title = {Transitional Dynamics in Two-Sector Models of - Endogenous Growth}, - journal = {Quarterly Journal of Economics}, - year = 1993, - pages = {739--93}, - month = {August} -} - -@MISC{mulliganRBC, - author = {Mulligan, Casey B.}, - title = {Are Employers Unwilling to Hire, or Are Some Workers - Unwilling to Work?}, - howpublished = - {\url{http://economix.blogs.nytimes.com/2008/12/24/are-employers-unwilling-to-hire-or-are-workers-unwilling-to-work/}}, - year = 2008, - journal = {New York Times Economix Blog}, - volume = {January 8} -} - -@ARTICLE{Mulligan&sm:transdynam, - author = {{Mulligan, Casey B.} and {Xavier Sala-i-Martin}}, - title = {Transitional Dynamics in Two-Sector Models of - Endogenous Growth}, - journal = {Quarterly Journal of Economics}, - year = 1993, - volume = {CVIII}, - pages = {739--773}, - number = 3, - month = {August} -} - -@TECHREPORT{mrMobilityIndia, - author = {Munshi, Kaivan and Rosenzweig, Mark}, - title = {Why is Mobility in India so Low? Social Insurance, - Inequality, and Growth}, - institution = {National Bureau of Economic Research}, - year = 2009, - type = {Working Paper}, - number = 14850, - month = {April}, - abstract = {This paper examines the hypothesis that the - persistence of low spatial and marital mobility in - rural India, despite increased growth rates and - rising inequality in recent years, is due to the - existence of sub-caste networks that provide mutual - insurance to their members. Unique panel data - providing information on income, assets, gifts, - loans, consumption, marriage, and migration are used - to link caste networks to household and aggregate - mobility. Our key finding, consistent with the - hypothesis that local risk-sharing networks restrict - mobility, is that among households with the same - (permanent) income, those in higher-income caste - networks are more likely to participate in - caste-based insurance arrangements and are less - likely to both out-marry and out-migrate. At the - aggregate level, the networks appear to have coped - successfully with the rising inequality within - sub-castes that accompanied the Green - Revolution. The results suggest that caste networks - will continue to smooth consumption in rural India - for the foreseeable future, as they have for - centuries, unless alternative consumption-smoothing - mechanisms of comparable quality become available.}, - bdsk-url-1 = {http://www.nber.org/papers/w14850}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w14850} -} - -@ARTICLE{muth:rational, - author = {Muth, John F.}, - title = {Rational Expectations and the Theory of Price - Movements}, - journal = {Econometrica}, - year = 1961, - volume = 29, - pages = {315--35}, - number = 3, - month = {July} -} - -@article{muthOptimal, - author = {Muth, John F.}, - journal = {Journal of the American Statistical Association}, - number = {290}, - pages = {299--306}, - title = {Optimal Properties of Exponentially Weighted - Forecasts}, - volume = {55}, - year = {1960}, -} - - -@ARTICLE{naik&moore:habits, - author = {Naik, Narayan and Moore, Michael}, - title = {Habit Formation and Intertemporal Substitution in - Individual Food Consumption}, - journal = {Review of Economics and Statistics}, - year = 1996, - volume = 78, - pages = {321--328}, - number = 2 -} - -@BOOK{cnstatMeasuring, - title = {Measuring What We Spend: Toward a New Consumer - Expenditure Survey}, - publisher = {The National Academies Press}, - year = 2012, - author = {{National Research Council}}, - note = {Don A. Dillman and Carol C. House, Editors; Panel on - Redesigning the BLS Consumer Expenditure Surveys; - Committee on National Statistics; Division of - Behavioral and Social Sciences and Education}, - isbn = 9780309265751, - url = {http://www.nap.edu/openbook.php?record_id=13520} -} - -@ARTICLE{neave:inherit, - author = {Neave, Edwin H.}, - title = {Multiperiod Consumption-Investment Decisions and - Risk Preference}, - journal = {Journal of Economic Theory}, - year = 1971, - volume = 3, - pages = {40--53}, - number = 1 -} - -@ARTICLE{nelson&startz:disease, - author = {{Nelson, Charles R.} and Startz, Richard}, - title = {The Distribution of the Instrumental Variables - Estimator and its t-Ratio When the Instrument iIs a - Poor One}, - journal = {Journal of Business}, - year = 1990, - volume = 63, - pages = {125--140} -} - -@ARTICLE{nwTelescoping, - author = {Neter, J. and Waksberg, J.}, - title = {A Study Of Response Errors In Expenditures Data From - Household Interviews}, - journal = {Journal of the American Statistical Association}, - year = 1964, - pages = {18--55}, - publisher = {JSTOR} -} - -@ARTICLE{newey&west:hac, - author = {Newey, Whitney K. and West, Kenneth D.}, - title = {A Simple Positive Semi-Definite, Heteroskedasticity - and Autorcorrelation Consistent Covariance Matrix}, - journal = {Econometrica}, - year = 1987, - volume = 55, - pages = {703--708} -} - -@ARTICLE{ng:acase, - author = {Ng, Y.~K.}, - title = {A Case for Happiness, Cardinalism, and Interpersonal - Comparability}, - journal = {Economic Journal}, - year = 1997, - volume = 107, - pages = {1848--1858} -} - -@TECHREPORT{nielsenExpectations, - author = {Nielsen, Hannah}, - title = {Essays on Expectations}, - institution = {Aachen}, - year = 2003 -} -@ARTICLE{nv:risk, - author = {Nielsen, Helena~Skyt and Vissing-Jorgensen, Annette}, - title = {The Impact of Labor Income Risk on Educational - Choices: Estimates and Implied Risk Aversion}, - journal = {Manuscript}, - year = 2006 -} - -@ARTICLE{normanRuleOfLaw, - author = {Norman, Catherine S.}, - title = {Rule of Law And The Resource Curse: Abundance Versus - Intensity}, - journal = {Environmental and Resource Economics}, - year = 2009, - volume = 43, - pages = {183--207}, - number = 2, - note = {\\ - \url{http://www.springerlink.com/index/573331512G41V538.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/normanRuleOfLaw.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/normanRuleOfLaw.pdf:PDF}, - publisher = {Springer}, - url = - {http://www.springerlink.com/index/573331512G41V538.pdf} -} - -@ARTICLE{ndfMontreal, - author = {Norman, Catherine S. and DeCanio, Stephen and Fan, - Lin}, - title = {The Montreal Protocol at 20: Ongoing Opportunities - For Integration With Climate Protection}, - journal = {Global Environmental Change}, - year = 2008, - volume = 18, - pages = {330--340}, - number = 2, - note = {\\ - \url{http://www.sciencedirect.com/science/article/pii/S0959378008000198}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ndfMontreal.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ndfMontreal.pdf:PDF}, - url = - {http://www.sciencedirect.com/science/article/pii/S0959378008000198} -} - -@ARTICLE{ow05, - author = {O'Reilly, Gerard and Whelan, Karl}, - title = {Has Euro-Area Inflatin Persistence Changed over - Time?}, - journal = {Review of Economics and Statistics}, - year = 2005, - volume = 87, - pages = {709--720}, - number = 4 -} - -@ARTICLE{obstfeld:habitsdiagram, - author = {Obstfeld, Maury}, - title = {International Adjustment with Habit-Forming - Consumption: A Diagrammatic Exposition}, - journal = {Review of International Economics}, - year = 1992, - volume = 1, - pages = {32--48}, - number = 1 -} - -@ARTICLE{orIntertemporal, - author = {Obstfeld, Maurice and Rogoff, Kenneth}, - title = {The Intertemporal Approach to the Current Account}, - journal = {in Handbook of International Economics, ed. by Gene - M. Grossman and Kenneth Rogoff (North Holland, - Amsterdam)}, - year = 1995, - volume = 3, - pages = {121--139} -} - -@BOOK{oecd04, - title = {Benefits and Wages: OECD Indicators}, - publisher = {Organization for Economic Co-operation and - Development}, - year = 2004, - author = {OECD} -} - -@misc{carroll:reviewoecd, - journal = {Journal of Economic Literature}, - author = {OECD}, - year = {1997}, - note = {Book Review}, - title = {Global Capital Shortages: Real Threat or Pure Fiction?} -} - -@BOOK{okunPandQ, - title = {Prices and Quantities: A Macroeconomic Analysis}, - publisher = {Brookings Institution Press}, - year = 1981, - author = {Okun, Arthur M.} -} - -@ARTICLE{ors:investment, - author = {Oliner, Stephen, Glenn D. Rudebusch and Sichel, - Daniel}, - title = {New and Old Models of Business Investment: A - Comparison of Forecasting Performance}, - journal = {Journal of Money, Credit, and Banking}, - year = 1995, - pages = {806--826}, - month = {August} -} - -@ARTICLE{ov97, - author = {Orazem, Peter F. and Vodopivec, Milan}, - title = {Value of Human Capital in transition to market: - Evidence from {S}lovenia}, - journal = {European Economic Review}, - year = 1997, - volume = 41, - pages = {893--903}, - number = {3--5} -} - -@ARTICLE{orphanides:realtimeaer, - author = {Orphanides, Athanasios}, - title = {Monetary Policy Rules Based on Real-Time Data}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - pages = {964--985}, - number = 4, - month = {September}, - note = {available at - http://ideas.repec.org/a/aea/aecrev/v91y2001i4p964-985.html} -} - -@ARTICLE{orphanides:rationaladdictjpe, - author = {Orphanides, Athanasios and Zervos, David}, - title = {Rational Addiction with Learning and Regret}, - journal = {Journal of Political Economy}, - year = 1995, - volume = 103, - pages = {739--58}, - number = 4, - month = {August}, - note = {available at - http://ideas.repec.org/a/ucp/jpolec/v103y1995i4p739-58.html} -} - -@ARTICLE{OSY:2002, - author = {Ostergaard, Charlotte and Sorensen, Bent E. and - Yosha, Oved}, - title = {Consumption and Aggregate Constraints: Evidence from - U.S. States And Canadian Provinces}, - journal = {Journal of Polictical Economics}, - year = 2002, - volume = 110, - pages = {634--645}, - number = 3 -} - -@ARTICLE{ol92, - author = {{Osterwald--Lenum}, Michael}, - title = {A Note with Quantiles of the Asymptotic Distribution - of the Maximum Likelihood Cointegration Rank Test - Statistics}, - journal = {Oxford Bulletin of Economics and Statistics}, - year = 1992, - volume = 54, - pages = {461--472}, - number = 3 -} - -@TECHREPORT{Otsuka:2003, - author = {Ostuka, Misuzu}, - title = {Household Portfolio Choice with Illiquid Assets}, - institution = {Johns Hopkins University}, - year = 2003 -} - -@ARTICLE{oswald:happiness, - author = {Oswald, Andrew J.}, - title = {Happiness and Economic Performance}, - journal = {Economic Journal}, - year = 1997, - volume = 107, - pages = {1815--1831} -} - -@MISC{Otoo:1999, - author = {Otoo, Maria W.}, - title = {Consumer Sentiment and the Stock Market}, - howpublished = {Federal Reserve Board Finance and Discussion Series - working paper no. 1999-60}, - year = 1999, - abstract = {This paper examines the relationship between - movements in consumer sentiment and stock prices. At - the aggregate level, the two share a strong - contemporaneous relationship: an increase in equity - values boosts sentiment. However, I examined the - nature of the relationship between the two. Does an - increase in stock prices raise aggregate sentiment - because people are wealthier or because they use - movements in stock prices as an indicator of future - economic activity and potential labor income growth? - Using individual observations from the Michigan - survey I found results more consistent with the view - that people use movements in equity prices as a - leading indicator. Although the findings do not rule - out a traditional wealth effect, they do raise some - questions about the causal role of wealth in - aggregate spending.} -} - -@ARTICLE{otoo:consumersentiment, - author = {Otoo, Maria Ward}, - title = {Consumer Sentiment and the Stock Market}, - journal = {Board of Governors of the Federal Reserve}, - year = 1999 -} - -@ARTICLE{overland:habits, - author = {Overland, Jody}, - title = {Optimal Saving with Stochastic Income and Habit - Formation}, - journal = {Manuscript, Brown University}, - year = 1997 -} - -@ARTICLE{padulaApprox, - author = {Padula, Mario}, - title = {An Approximate Consumption Function}, - journal = {Presentation at Computing in Economics and Finance - Meetings, Cyprus, 2006} -} - -@ARTICLE{pag84, - author = {Pagan, Adrian}, - title = {Econometric Issues in the Analysis of Regressions - with Generated Regressors}, - journal = {International Economic Review}, - year = 1984, - volume = 25, - pages = {221--247}, - number = 1 -} - -@ARTICLE{palumbo:medical, - author = {Palumbo, Michael G}, - title = {Uncertain Medical Expenses and Precautionary Saving - Near the End of the Life Cycle}, - journal = {Review of Economic Studies}, - year = 1999, - volume = 66, - pages = {395--421}, - number = 2, - note = {Available at - {\url{http://ideas.repec.org/a/bla/restud/v66y1999i2p395-421.html}}} -} - -@ARTICLE{palumbo:medicalWP, - author = {Palumbo, Michael G.}, - title = {Precautionary Saving and Out-Of-Pocket Medical - Expenditures Near the End of the Life Cycle}, - journal = {Manuscript, University of Houston}, - year = 1997 -} - -@ARTICLE{parente&prescott:technology, - author = {{Parente, Steven L.} and {Edward C. Prescott}}, - title = {Barriers to Technology Adoption and Development}, - journal = {Journal of Political Economy}, - year = 1994, - volume = 102, - pages = {298--321}, - number = 2 -} - -@ARTICLE{parkLiqConstrContinuous, - author = {Park, Myung-Ho}, - title = {An Analytical Solution to the Inverse Consumption - Function with Liquidity Constraints}, - journal = {Economics Letters}, - year = 2006, - volume = 92, - pages = {389--394} -} - -@comment{parkerSocSec:socialsecurityOld} -@ARTICLE{parkerSocSec, - author = {Parker, Jonathan A.}, - title = {The Reaction of Household Consumption to Predictable - Changes in Social Security Taxes}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {959--973}, - number = 4, - month = {September} -} - -@ARTICLE{ParkerRiskReturn, - author = {Parker, Jonathan A.}, - title = {Consumption Risk and Expected Stock Returns}, - journal = {American Economic Review Papers and Proceedings}, - year = 2003, - volume = 93, - number = 2, - month = {May}, - note = {Available at { - \url{http://ideas.repec.org/p/nbr/nberwo/9548.html}}} -} - -@INCOLLECTION{Parker:Spendthrift, - author = {Parker, Jonathan A.}, - title = {Spendthrift in America? On Two Decades of Decline in - the U.S.\ Saving Rate}, - booktitle = {NBER Macroeconomics Annual 1999, Volume 14}, - publisher = {National Bureau of Economic Research, Inc}, - year = 2000, - series = {NBER Chapters}, - pages = {317--387}, - month = {July}, - bdsk-url-1 = {http://ideas.repec.org/h/nbr/nberch/11050.html}, - url = {http://ideas.repec.org/h/nbr/nberch/11050.html} -} - -@INCOLLECTION{parker_nberma_spendthrift, - author = {Parker, Jonathan A.}, - title = {Spendthrift in America? On Two Decades of Decline in - the U.S.\ Saving Rate}, - booktitle = {NBER Macroeconomics Annual 1999, Volume 14}, - publisher = {National Bureau of Economic Research, Inc}, - year = 2000, - series = {NBER Chapters}, - pages = {317--387}, - month = {July}, - bdsk-url-1 = {http://ideas.repec.org/h/nbr/nberch/11050.html}, - url = {http://ideas.repec.org/h/nbr/nberch/11050.html} -} - -@ARTICLE{parkerSocSecReEst, - author = {Parker, Jonathan A.}, - title = {The Consumption Function Re-Estimated}, - journal = {Mimeo, Princeton University}, - year = 1999 -} - -@ARTICLE{pjLuxuries, - author = {Parker, Jonathan A and Julliard, Christian}, - title = {Consumption Risk And The Cross Section Of Expected - Returns}, - journal = {Journal of Political Economy}, - year = 2005, - volume = 113, - pages = {185--222}, - number = 1, - publisher = {JSTOR} -} - -@ARTICLE{ParkerPrestonPrecaution, - author = {Parker, Jonathan A. and Preston, Bruce}, - title = {Precautionary Saving and Consumption Fluctuations}, - journal = {American Economic Review}, - year = 2005, - volume = 95, - pages = {1119--1143}, - number = 4, - month = {September} -} - -% Crossref = "NBERcarr11-1", -@article{ParkerSoulelesCarroll-0-NBER, - title = "The Benefits of Panel Data in Consumer Expenditure - Surveys", - author = "Jonathan A. Parker and Nicholas S. Souleles and - Christopher D. Carroll", - year = 2014, - month = "July", - journal = {NBER Book Chapter Drafts Series}, - URL = "http://www.nber.org/chapters/c12674", - note = {At \url{http://www.nber.org/chapters/c12674}} -} - -% type = "Book", -@book{NBERcarr11-1, - title = "Improving the Measurement of Consumer Expenditures", - editor = "Christopher Carroll and Thomas Crossley and John - Sabelhaus", - institution = "National Bureau of Economic Research", - publisher = "University of Chicago Press", - year = {2015}, - volume = 74, - series = {NBER-CRIW Series in Income and Wealth}, - URL = "http://www.nber.org/books/carr11-1", -} - -@ARTICLE{jps:rebatesWP, - author = {Parker, Jonathan A. and Souleles, Nicholas S. and - Johnson, David S.}, - title = {Consumption and Tax Cuts: Evidence from the - Randomized Income Tax Rebates of 2001}, - journal = {Manuscript, The Wharton School}, - year = 2003 -} - -@TECHREPORT{PSJM2008, - author = {Parker, Jonathan A. and Souleles, Nicholas S and - Johnson, David S. and McClelland, Robert}, - title = {Consumer Spending and the Economic Stimulus Payments - of 2008}, - institution = {National Bureau of Economic Research, Inc}, - year = 2011, - type = {NBER Working Papers}, - number = 16684 -} - -@TECHREPORT{pvWhoBears, - author = {Parker, Jonathan A. and Vissing-Jorgensen, Annette}, - title = {Who Bears Aggregate Fluctuations and How?}, - institution = {National Bureau of Economic Research, Inc}, - year = 2009, - type = {NBER Working Papers}, - number = 14665, - month = Jan, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/14665.html}, - url = {http://ideas.repec.org/p/nbr/nberwo/14665.html} -} - -@ARTICLE{pbStim, - author = {Parker, Jonathan and Broda, Christian}, - title = {The Economic Stimulus Payments of 2008 and the - Aggregate Demand for Consumption}, - journal = {Manuscript, Northwestern University}, - year = {2011} -} - -@BOOK{paulos:innumeracy, - title = {Innumeracy: Mathematical Illiteracy and Its - Consequences}, - publisher = {Vintage Books}, - year = 1990, - author = {Paulos, John Allen}, - address = {New York} -} - -@ARTICLE{paxson:sandg, - author = {Paxson, Christina H.}, - title = {Saving and Growth: Evidence from Micro Data}, - journal = {European Economic Review}, - year = 1995, - volume = 40, - pages = {255--88}, - month = {February} -} - -@ARTICLE{Pedroni2004, - author = {Pedroni, Peter}, - title = {Panel Cointegration: Asymptotic and Finite Sample - Properties of Pooled Time Series Tests with an - Application to the PPP Hypothesis}, - journal = {Econometric Theory}, - year = 2004, - volume = 20, - pages = {597--625} -} - -@ARTICLE{peek:saving, - author = {Peek, Joe}, - title = {Capital Gains and Personal Saving Behavior}, - journal = {Journal of Money, Credit, and Banking}, - year = 1983, - volume = 15, - pages = {1--23} -} - -@Article{pemberton:failure, - Title = {The Empircial Failure of the Life Cycle Model with - Perfect Capital Markets}, - Author = {Pemberton, James}, - Journal = {Oxford Economic Papers}, - Year = 1997, - Note = {Available at - {\url{http://www.jstor.org/stable/2663734}}}, - Number = 1, - Pages = {129--151}, - Volume = 49, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/2663734} -} - -@ARTICLE{pendakur:inequality, - author = {Pendakur, Krishna}, - title = {Taking Prices Seriously in the Measurement of - Inequality}, - journal = {Journal of Public Economics}, - volume = 86, - pages = {47--69}, - number = 1 -} - -@ARTICLE{phelps69, - author = {Phelps, Edmund S.}, - title = {The New Microeconomics in Inflation and Employment - Theory}, - journal = {American Economic Review}, - year = 1969, - volume = 59, - pages = {147--160}, - number = 2 -} - -@ARTICLE{phelps:golden, - author = {Phelps, Edmund S.}, - title = {The Golden Rule of Accumulation}, - journal = {American Economic Review}, - year = 1961, - pages = {638--642}, - month = {September}, - note = {Available at { - \url{http://teaching.ust.hk/~econ343/PAPERS/Edmund - Phelps-The Golden Rule of Accumulation- A fable for - Growth Men.pdf}}} -} - -@ARTICLE{phelpsRisk, - author = {Phelps, Edward S.}, - title = {The Accumulation of Risky Capital: A Sequential - Utility Analysis}, - journal = {Econometrica}, - year = 1960, - volume = 30, - pages = {729--743}, - number = 4 -} - -@ARTICLE{po90, - author = {Phillips, Peter C. B. and Ouliaris, Sam}, - title = {Asymptotic Properties of Residual Based Tests for - Cointegration}, - journal = {Econometrica}, - year = 1990, - volume = 58, - pages = {165--193}, - number = 1 -} - -@ARTICLE{pst07, - author = {Monika Piazessi and Martin Schneider and Selale - Tuzel}, - title = {Housing, Consumption and Asset Pricing}, - journal = {Journal of Financial Economics}, - year = 2007, - volume = 83, - pages = {531--569} -} - -@ARTICLE{pichette&tremblay:wealtheffects, - author = {Pichette, Lise and Tremblay, Dominique}, - title = {Are Wealth Effects Important for Canada?}, - journal = {Bank of Canada Working Paper 30}, - year = 2003 -} - -@TECHREPORT{pt03, - author = {Pichette, Lise and Tremblay, Dominique}, - title = {Are Wealth Effects Important for Canada?}, - institution = {Bank of Canada}, - year = 2003, - type = {working paper}, - number = 30 -} - -@ARTICLE{piergiorgio:stockmarket, - author = {Piergiorgio, Alessandri}, - title = {Aggregate Consumption and the Stock Market: A New - Assessment of the Equity Wealth Effect}, - journal = {Manuscript, University of London}, - year = 2003 -} - -@TECHREPORT{pl03, - author = {Piger, Jeremy and Levin, Andrew}, - title = {Is Inflation Persistence Intrinsic in Industrial - Economies?}, - institution = {Federal Reserve Bank of St. Louis}, - year = 2003, - type = {Federal Reserve Bank of St. Louis working paper.}, - number = 23 -} - -@ARTICLE{pigou:utility, - author = {Pigou, A. C.}, - title = {Some Remarks on Utility}, - journal = {Economic Journal}, - year = 1903, - pages = {58--68} -} - -@BOOK{pinker:mind, - title = {How the Mind Works}, - publisher = {W.W. Norton And Company}, - year = 1997, - author = {Pinker, Stephen} -} - -@ARTICLE{pischkeMicroMacro, - author = {Pischke, J{\"o}rn-Steffen}, - title = {Individual Income, Incomplete Information, and - Aggregate Consumption}, - journal = {Econometrica}, - year = 1995, - volume = 63, - pages = {805--40}, - number = 4, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/pischkeMicroMacro.pdf}, -} - -@INPROCEEDINGS{ppsDistribution, - author = {Pistaferri, Luigi and Saporta-Eksten, Itay}, - title = {Changes in the Income Distribution and Aggregate - Consumption}, - booktitle = {Federal Reserve Board meeting}, - year = 2012 -} - -@ARTICLE{pr07, - author = {Pivetta, Frederick and Reis, Ricardo}, - title = {The persistence of inflation in the United States}, - journal = {Journal of Economic Dynamics and Control}, - year = 2007, - volume = 34, - pages = {1326--1358}, - number = 1 -} - -@ARTICLE{ploner:wealtheffects, - author = {Ploner, Matteo}, - title = {The Financial Markets and Wealth Effects on - Consumption}, - journal = {Universita Degli Di Trento Discussion Paper 6}, - year = 2003 -} - -@ARTICLE{polbornCalibration, - author = {Polborn, Mattias K.}, - title = {Calibrating The World And The World Of Calibration}, - journal = {Manuscript, University of Western Ontario}, - year = 2001, - note = - {\url{http://publish.uwo.ca/~mpolborn/calibration.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/polbornCalibration.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/polbornCalibration.pdf:PDF}, - url = {http://publish.uwo.ca/~mpolborn/calibration.pdf} -} - -@ARTICLE{pollack:tastes, - author = {Pollack, Robert A.}, - title = {Endogenous Tastes in Demand and Welfare Analysis}, - journal = {American Economic Review}, - year = 1978, - volume = 68, - pages = {374--79} -} - -@BOOK{Porter:1990, - title = {The Competitive Advantage of Nations}, - publisher = {New York: Free Press}, - year = 1990, - author = {Porter, Michael E.} -} - -@INCOLLECTION{posen:cred2, - author = {Posen, Adam S.}, - title = {Declarations Are Not Enough: Financial Sector - Sources of Central Bank Independence}, - booktitle = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 1995, - editor = {Bernanke, Ben S. and Rotemberg, Julio J.}, - pages = {258--74}, - address = {Cambridge, MA} -} - -@ARTICLE{posen:cred, - author = {Posen, Adam S.}, - title = {Central Bank Independence and Disinflationary - Credibility: A Missing Link?}, - journal = {Oxford Economic Papers}, - year = 1998, - volume = 50, - pages = {335--59}, - number = 3 -} - -@ARTICLE{posen:credold, - author = {Posen, Adam S.}, - title = {Central Bank Independence and Disinflationary - Credibility: A Missing Link?}, - journal = {Federal Reserve Bank of New York Staff Reports}, - year = 1995, - number = 1 -} - -@INCOLLECTION{poterba:taxportfolios, - author = {Poterba, James M.}, - title = {Taxation and Portfolio Structure: Issues and - Implications}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, - Tullio} -} - -@ARTICLE{Poterba:2000, - author = {Poterba, James M.}, - title = {Stock Market Wealth and Consumption}, - journal = {Journal of Economic Perspectives}, - year = 2000, - volume = 14, - pages = {99--118}, - number = 2, - abstract = {This paper explores the link between changes in the - aggregate value of corporate stock and changes in - consumer spending. It presents data on the - distribution of corporate stock ownership based on - the 1998 Survey of Consumer Finances. It also uses - time-series evidence on the comovement of stock - market wealth and various categories of consumer - spending to calibrate {"}the wealth effect.{"} It - concludes that in the year after a change in stock - market values, consumer spending is likely to rise - by between one and two cents for each dollar - increase in the value of corporate stock.} -} - -@misc{carroll:reviewpoterba, - journal = {Journal of Economic Literature}, - author = {Poterba, James M.}, - year = {1996}, - volume = {34}, - number = {4}, - note = {. Book Review}, - title = {International Comparisons of Household Saving} -} - -@ARTICLE{poterba:excise, - author = {Poterba, James M.}, - title = {Lifetime incidence and the distributional burden of - excise taxes}, - journal = {American Economic Review}, - year = 1989, - volume = 79, - pages = {325--330} -} - -@ARTICLE{poterba&samwick:stockmarket, - author = {Poterba, James M. and Samwick, Andrew A.}, - title = {Stock Ownership Patterns, Stock Market Fluctuations, - and Consumption}, - journal = {Brookings Paper on Economic Activity}, - year = 1995, - volume = 2, - pages = {295--372} -} - -@INCOLLECTION{powell, - author = {Powell, James L.}, - title = {Estimation of Semiparametric Models}, - booktitle = {Handbook of Econometrics}, - publisher = {Elsevier}, - year = 1994, - volume = 4, - pages = {2443--2521} -} - -@ARTICLE{prs:brookings, - author = {Prasad, Eswar and Rajan, Raghuram and Subramanian, - Arvind}, - title = {Foreign Capital and Economic Growth}, - journal = {Brookings Papers on Economic Activity}, - year = 2007, - pages = {153--230} -} - -@ARTICLE{pratt:smallandlarge, - author = {Pratt, John W.}, - title = {Risk Aversion in the Small and in the Large}, - journal = {Econometrica}, - year = 1964, - volume = 32, - pages = {122--136} -} - -@ARTICLE{quadrini:entrepreneurship, - author = {Quadrini, Vincenzo}, - title = {Entrepreneurship, Saving, and Social Mobility}, - journal = {Review of Economic Dynamics}, - year = 2000, - volume = 3, - pages = {1--40}, - number = 1 -} - -@ARTICLE{quadrini:wealth, - author = {Quadrini, Vincenzo}, - title = {The Importance of Entrepreneurship for Wealth - Concentration and Mobility}, - journal = {The Review of Income and Wealth}, - year = 1999, - volume = 45, - pages = {1--20} -} - -@ARTICLE{quadrini&riosrull:wealth, - author = {Quadrini, Vincenzo and R{\'}{i}os-Rull, - Jos{\'}{e}-V{\'}{i}ctor}, - title = {Models of the Distribution of Wealth}, - journal = {Manuscript, University of Pennsylvania}, - year = 1997 -} - -@ARTICLE{quah:identification, - author = {Quah, Danny}, - title = {The Relative Importance of Permanent and Transitory - Components: Identification and Some Theoretical - Bounds}, - journal = {Econometrica}, - year = 1992, - volume = 60, - pages = {107--18}, - number = 1 -} - -@ARTICLE{quah:smooth, - author = {Quah, Danny}, - title = {Permanent and Transitory Movements in Labor Income: - An Explanation for {``}Excess Smoothness{''} in - Consumption}, - journal = {Journal of Political Economy}, - year = 1990, - volume = 98, - pages = {449--75}, - number = 3 -} - -@ARTICLE{rabin:psych, - author = {Rabin, Matthew}, - title = {Psychology and Economics}, - journal = {Journal of Economic Literature}, - year = 1998, - volume = {XXXVI}, - pages = {11--46}, - month = {March} -} - -@ARTICLE{rbm:lossaversion, - author = {Rabin, Matthew and Bowman, David and Minehart, - Deborah}, - title = {Loss Aversion in a Consumption-Savings Model}, - journal = {Journal of Economic Behavior and Organization}, - year = 1999, - volume = 38, - pages = {155--178}, - number = 2, - month = {February} -} - -@ARTICLE{odonoghue&rabin:noworlater, - author = {Rabin, Matthew and O'Donoghue, Ted}, - title = {Doing It Now or Later}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {103--24}, - number = 1 -} - -@ARTICLE{rameyFrancisLeisure, - author = {Ramey, Valerie A. and Francis, Neville}, - title = {A Century of Work and Leisure}, - journal = {NBER Working Paper Number 12264}, - year = 2006 -} - -@UNPUBLISHED{Ravina:2005, - author = {Ravina, Enrichetta}, - title = {Habit Persistence and Keeping Up with the Joneses: - Evidence from Micro Data}, - note = {Working Paper}, - month = {November}, - year = 2005 -} - -@ARTICLE{rebelo:long, - author = {Rebelo, Sergio T.}, - title = {Long-Run Policy Analysis and Long-Run Growth}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {500--521}, - number = 3, - month = {June} -} - - -@ARTICLE{reisPortugal, - author = {Reis, Ricardo}, - title = {The Portuguese Slump-Crash and the Euro-Crisis}, - journal = {Brookings Papers on Economic Activity}, - year = 2013 -} - -@TECHREPORT{rei04, - author = {Reis, Ricardo}, - title = {Inattentive Consumers}, - institution = {Princeton University}, - year = 2004, - type = {mimeo} -} - -@ARTICLE{reiter:backward, - author = {Reiter, Michael}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty by Backward Induction}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {28--35}, - number = 1, - month = {January} -} - -@ARTICLE{reiter08, - author = {Reiter, Michael}, - title = {Solving Heterogeneous-Agent Models by Backward - Induction}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{reiter06, - author = {Reiter, Michael}, - title = {Solving Heterogeneous-Agent Models by Projection and - Perturbation}, - journal = {Manuscript}, - year = 2006 -} - -@ARTICLE{reiter:recursive, - author = {Reiter, Michael}, - title = {Recursive Computation of Heterogeneous Agent Models}, - journal = {Paper Prepared for SITE Conference, Summer 2004, - Stanford University}, - year = 2004 -} - -@ARTICLE{reiterRich, - author = {Reiter, Michael}, - title = {Do the rich save too much? How to explain the top - tail of the wealth distribution}, - journal = {manuscript, Universitat Pompeu Fabra}, - year = 2004, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/reiterRich.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/reiterRich.pdf:PDF} -} - -@ARTICLE{csxanth3, - author = {Reyes-Morales, Sally E.}, - title = {Characteristics of Nonresponders in the Consumer - Expenditure Quarterly Interview Survey}, - journal = {Consumer Expenditure Survey Anthology}, - year = 2005, - pages = {18--23}, - note = - {\url{http://www.bls.gov/cex/anthology05/csxanth3.pdf}}, - file = {csxanth3.pdf:csxanth3.pdf:PDF}, - url = {http://www.bls.gov/cex/anthology05/csxanth3.pdf} -} - -@ARTICLE{csxanth4, - author = {Reyes-Morales, Sally E.}, - title = {Characteristics of Complete and Intermittent - Responders in the Consumer Expenditure Quarterly - Interview Survey}, - journal = {Consumer Expenditure Survey Anthology}, - year = 2003, - pages = {25--29}, - note = {\url{http://www.bls.gov/cex/anthology/csxanth4.pdf}}, - file = {csxanth4.pdf:csxanth4.pdf:PDF}, - url = {http://www.bls.gov/cex/anthology/csxanth4.pdf} -} - -@ARTICLE{reitzDisasters, - author = {Rietz, Thomas A.}, - title = {The Equity Risk Premium: A Solution}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 22, - pages = {117--131}, - number = 1 -} - -@ARTICLE{rrUnbounded, - author = {Rinc{\'o}n-Zapatero, Juan Pablo and - Rodr{\i}guez-Palmero, Carlos}, - title = {Existence and Uniqueness of Solutions to the Bellman - Equation in the Unbounded Case}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {pp.1519--1555}, - number = 5, - abstract = {We study the problem of the existence and uniqueness - of solutions to the Bellman equation in the presence - of unbounded returns. We introduce a new approach - based both on consideration of a metric on the space - of all continuous functions over the state space, - and on the application of some metric fixed point - theorems. With appropriate conditions we prove - uniqueness of solutions with respect to the whole - space of continuous functions. Furthermore, the - paper provides new sufficient conditions for the - existence of solutions that can be applied to fairly - general models. It is also proven that the fixed - point coincides with the value function and that it - can be approached by successive iterations of the - Bellman operator.}, - copyright = {Copyright © 2003 The Econometric Society}, - file = - {ByCiteKey/rrUnbounded.pdf:ByCiteKey/rrUnbounded.pdf:PDF}, - issn = 00129682, - jstor_articletype ={research-article}, - jstor_formatteddate ={Sep., 2003}, - language = {English}, - publisher = {The Econometric Society}, - url = {http://www.jstor.org/stable/1555510} -} - -@ARTICLE{robertsStickyInfl, - author = {Roberts, John M.}, - title = {Is Inflation Sticky?}, - journal = {Journal of Monetary Economics}, - year = 1997, - pages = {173--196}, - number = 2 -} - -@ARTICLE{robertsQJE:inflexp, - author = {Roberts, John M.}, - title = {Inflation Expectations and the Transmission of - Monetary Policy}, - journal = {Federal Reserve Board FEDS working paper Number - 1998-43}, - year = 1998 -} - -@ARTICLE{roberts:phillips, - author = {Roberts, John M.}, - title = {New Keynesian Economics and the Phillips Curve}, - journal = {Journal of Money, Credit, and Banking}, - year = 1995, - volume = 27, - pages = {975--984}, - number = 4 -} - -@BOOK{robinson:philosophy, - title = {Economic Philosophy}, - publisher = {Aldine}, - year = 1962, - author = {Robinson, Joan}, - address = {Chicago} -} - -@ARTICLE{rodrikSavTransitions, - author = {Rodrik, Dani}, - title = {Saving Transitions}, - journal = {The World Bank Economic Review}, - year = 2000, - volume = 14, - pages = {481--507}, - number = 3, - publisher = {World Bank} -} - -@ARTICLE{rodrik:transitions, - author = {Rodrik, Dani}, - title = {Saving Transitions}, - journal = {Manuscript, Harvard University}, - year = 1999 -} - -@ARTICLE{romerFiscal, - author = {Romer, Christina D.}, - title = {What Do We Know about the Effects of Fiscal Policy? - Separating Evidence from Ideology}, - journal = {Speech at Hamilton College, November}, - year = 2011 -} - -@BOOK{romer:text, - title = {Advanced Macroeconomics}, - publisher = {McGraw-Hill/Irwin}, - year = 2011, - author = {Romer, David}, - edition = {Fourth} -} - -@INCOLLECTION{romer:capform, - author = {Romer, Paul M.}, - title = {Capital Accumulation in the Theory of Long Run - Growth}, - booktitle = {Modern Business Cycle Theory}, - publisher = {Harvard University Press}, - year = 1989, - editor = {Barro, Robert J.}, - address = {Cambridge, Massachusetts} -} - -@ARTICLE{Romer:1986, - author = {Romer, Paul M}, - title = {Increasing Returns and Long-Run Growth}, - journal = {Journal of Political Economy}, - year = 1986, - volume = 94, - pages = {1002--37}, - number = 5, - month = {October} -} - -@ARTICLE{romer:growth, - author = {Romer, Paul M.}, - title = {Increasing Returns and Long Run Growth}, - journal = {Journal of Political Economy}, - year = 1986, - volume = 94, - pages = {1002--37}, - month = {October} -} - -@INCOLLECTION{rotemberg&woodford:macroannual, - author = {Rotemberg, Julio J. and Woodford, Michael}, - title = {An Optimization-Based Econometric Model for the - Evaluation of Monetary Policy}, - booktitle = {NBER Macroeconomics Annual, 1997}, - publisher = {MIT Press}, - year = 1997, - editor = {Bernanke, Benjamin S. and Rotemberg, Julio J.}, - volume = 12, - pages = {297--346}, - address = {Cambridge, MA} -} - -@ARTICLE{rotembergWoodfordPred, - author = {Rotemberg, Julio J. and Woodford, Michael}, - title = {Real Business Cycle Models and the Forecastable - Movements in Output, Hours and Consumption}, - journal = {American Economic Review}, - year = 1996, - volume = 86, - pages = {71--89}, - number = 1, - month = {January} -} - -@ARTICLE{roth&erev:learning, - author = {Roth, Alvin and Erev, Ido}, - title = {Learning in Extensive-Form Games: Experimental Data - and Simple Dynamic Models in the Intermediate Term}, - journal = {Games and Economic Behavior}, - year = 1995, - volume = 8, - pages = {164--212} -} - -@ARTICLE{Rudd2006, - author = {Jeremy Rudd and Karl Whelan}, - title = {A Note on the Cointegration of Consumption, Income, - and Wealth}, - journal = {Review of Economic Dynamics}, - year = 2006, - volume = 9, - pages = {34--51} -} - -@ARTICLE{rwCWRatio, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Empirical Proxies for the Consumption-Wealth Ratio}, - journal = {Review of Economic Dynamics}, - year = 2006, - volume = 9, - pages = {34--51}, - month = {January} -} - -@ARTICLE{rwAER06, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Can Rational Expectations Sticky-Price Models - Explain Inflation Dynamics?}, - journal = {American Economic Review}, - year = 2006, - volume = 96, - pages = {303--320}, - number = 1 -} - -@TECHREPORT{rw03, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Can Rational Expectations Sticky-Price Models - Explain Inflation Dynamics?}, - institution = {Federal Reserve Bank of Boston}, - year = 2005, - type = {mimeo} -} - -@TECHREPORT{rw05, - author = {Jeremy Rudd and Karl Whelan}, - title = {Modelling Inflation Dynamics: A Critical Survey of - Recent Research}, - institution = {Federal Reserve Bank of Boston}, - year = 2005, - type = {mimeo} -} - -@TECHREPORT{rw02, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Empirical Proxies for the Consumption--Wealth Ratio}, - institution = {Federal Reserve Board}, - year = 2002, - type = {FEDS working paper}, - number = 38 -} - -@BOOK{runciman:deprivation, - title = {Relative Deprivation and Social Justice: A Study of - Attitudes to Social Inequality in Twentieth-Century - England}, - publisher = {University of California Press}, - year = 1966, - author = {Runciman, W. G.}, - address = {Berkeley} -} - -@ARTICLE{runkle:PSID, - author = {Runkle, David E.}, - title = {Liquidity Constraints and the Permanent Income - Hypothesis: Evidence from Panel Data}, - journal = {Journal of Monetary Economics}, - year = 1991, - volume = 27, - pages = {39--98}, - number = 1 -} - -@ARTICLE{ryder&heal:optgrow, - author = {{Ryder, Harl} and {Geoffrey Heal}}, - title = {Optimal Growth with Intertemporally Dependent - Preferences}, - journal = {Review of Economic Studies}, - year = 1973, - volume = 40, - pages = {1--31}, - month = {January} -} - -@ARTICLE{sabelhaus&groen:measurement, - author = {Sabelhaus, John and Groen, Jeff}, - title = {Can Permanent-Income Theory Explain Cross-Section - Consumption Patterns?}, - journal = {Manuscript, Congressional Budget Office}, - year = 1998 -} - -@ARTICLE{sjasgghByIncome, - author = {John Sabelhaus and David Johnson and Stephen Ash and - David Swanson and Thesia Garner and John Greenlees - and Steve Henderson}, - title = {Is the Consumer Expenditure Survey Representative by - Income?}, - journal = {CRIW, University of Chicago Press}, - year = 2012, - month = {March 13} -} - -@article{szWIneq_MS, - author = {Emmanuel Saez and Gabriel Zucman}, - title = {Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data}, - year = {forthcoming}, -} - -@article{szWIneq, - title = "Wealth Inequality in the United States Since 1913: Evidence from Capitalized Income Tax Data", - author = "Emmanuel Saez and Gabriel Zucman", - institution = "National Bureau of Economic Research", - journal = {Quarterly Journal of Economics}, - year = "2016", - month = "May", - doi = {10.1093/qje/qjw004.}, - URL = "http://www.nber.org/papers/w20625", - abstract = {This paper combines income tax returns with Flow of Funds data to estimate the distribution of household wealth in the United States since 1913. We estimate wealth by capitalizing the incomes reported by individual taxpayers, accounting for assets that do not generate taxable income. We successfully test our capitalization method in three micro datasets where we can observe both income and wealth: the Survey of Consumer Finance, linked estate and income tax returns, and foundations' tax records. Wealth concentration has followed a U-shaped evolution over the last 100 years: It was high in the beginning of the twentieth century, fell from 1929 to 1978, and has continuously increased since then. The rise of wealth inequality is almost entirely due to the rise of the top 0.1\% wealth share, from 7\% in 1979 to 22\% in 2012--a level almost as high as in 1929. The bottom 90\% wealth share first increased up to the mid-1980s and then steadily declined. The increase in wealth concentration is due to the surge of top incomes combined with an increase in saving rate inequality. Top wealth-holders are younger today than in the 1960s and earn a higher fraction of total labor income in the economy. We explain how our findings can be reconciled with Survey of Consumer Finances and estate tax data.}, -} - -@techreport{NBERw20625, - title = "Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data", - author = "Emmanuel Saez and Gabriel Zucman", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "20625", - year = "2014", - month = "October", - doi = {10.3386/w20625}, - URL = "http://www.nber.org/papers/w20625", - abstract = {This paper combines income tax returns with Flow of Funds data to estimate the distribution of household wealth in the United States since 1913. We estimate wealth by capitalizing the incomes reported by individual taxpayers, accounting for assets that do not generate taxable income. We successfully test our capitalization method in three micro datasets where we can observe both income and wealth: the Survey of Consumer Finance, linked estate and income tax returns, and foundations' tax records. Wealth concentration has followed a U-shaped evolution over the last 100 years: It was high in the beginning of the twentieth century, fell from 1929 to 1978, and has continuously increased since then. The rise of wealth inequality is almost entirely due to the rise of the top 0.1\% wealth share, from 7\% in 1979 to 22\% in 2012--a level almost as high as in 1929. The bottom 90\% wealth share first increased up to the mid-1980s and then steadily declined. The increase in wealth concentration is due to the surge of top incomes combined with an increase in saving rate inequality. Top wealth-holders are younger today than in the 1960s and earn a higher fraction of total labor income in the economy. We explain how our findings can be reconciled with Survey of Consumer Finances and estate tax data.}, -} - -@techreport{deNardi2015, - title = {Quantitative Models of Wealth Inequality: A Survey}, - author = {Mariacristina {De Nardi}}, - institution = {National Bureau of Economic Research}, - type = {working paper}, - series = {Working Paper Series}, - number = {21106}, - year = {2015}, - month = {April}, -} - -@TechReport{cozzi2012, - author={Marco Cozzi}, - title={Risk Aversion Heterogeneity, Risky Jobs and Wealth Inequality}, - year=2012, - month=Dec, - institution={Queen's University, Department of Economics}, - type={Working Papers}, -} - -@INPROCEEDINGS{kruegerMitmanPerri:handbookMacro, - author = {Dirk Krueger and Kurt Mitman and Fabrizio Perri}, - title = {Macroeconomics and Heterogeneity, Including Inequality}, - booktitle = {Handbook of Macroeconomics}, - year = {forthcoming}, - editor = {John Taylor and Harald Uhlig}, - publisher = {North Holland}, - owner = {Jirka}, - url={http://economics.sas.upenn.edu/~dkrueger/research/Handbook.pdf} -} - -@ARTICLE{saez02, - author = {Saez, Emmanuel}, - title = {Optimal Income Transfer Programs: Intensive Versus - Extensive Labor Supply Responses}, - journal = {The Quarterly Journal of Economics}, - year = 2002, - volume = 117, - pages = {1039--1073}, - number = 3 -} - -@UNPUBLISHED{Safir2011, - author = {Safir, Adam}, - title = {Measurement Error and Gemini Project Overview}, - note = {CNSTAT Panel Briefing, February}, - month = {February}, - year = 2011 -} - -@ARTICLE{sag99, - author = {Saget, Catherine}, - title = {The determinants of female labour supply in - {H}ungary}, - journal = {Economics of Transition}, - year = 1999, - volume = 7, - pages = {575--591}, - number = 17 -} - -@ARTICLE{sahmRiskChange, - author = {Sahm, Claudia}, - title = {How Much Does Risk Tolerance Change?}, - journal = {Finance and Economics Discussion Series}, - year = 2007, - volume = 66, - note = - {\url{http://www.federalreserve.gov/Pubs/Feds/2007/200766/revision/200766pap.pdf}}, - abstract = {Stability of preferences is central to how - economists study behavior. This paper uses panel - data on hypothetical gambles over lifetime income in - the Health and Retirement Study to quantify changes - in risk tolerance over time and differences across - individuals. The maximum-likelihood estimation of a - correlated random effects model utilizes information - from 12,000 respondents in the 1992-2002 HRS. The - results are consistent with constant relative risk - aversion and career selection based on - preferences. While risk tolerance changes with age - and macroeconomic conditions, persistent differences - across individuals account for 73 percent of the - systematic variation.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/sahmRiskChange.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/sahmRiskChange.pdf:PDF}, - url = - {http://www.federalreserve.gov/Pubs/Feds/2007/200766/revision/200766pap.pdf} -} - -@ARTICLE{sssMail, - author = {Claudia R. Sahm and Matthew D. Shapiro and Joel - Slemrod}, - title = {Check in the Mail or More in the Paycheck: Does the - Effectiveness of Fiscal Stimulus Depend on How It Is - Delivered?}, - journal = {FEDS Working Paper No. 2010-40}, - year = 2010 -} - -@ARTICLE{Sahmetal:2008TaxRebates, - author = {Sahm, Claudia R. and Shapiro, Matthew D. and - Slemrod, Joel B.}, - title = {Household Response to the 2008 Tax Rebate: Survey - Evidence and Aggregate Implications}, - journal = {Tax Policy and the Economy}, - year = 2010, - volume = 24, - pages = {69--110} -} - -@ARTICLE{Sahm2009, - author = {Sahm, Claudia R. and Shapiro, Matthew D. and - Slemrod, Joel B.}, - title = {Household Response to the 2008 Tax Rebate: Survey - Evidence and Aggregate Implications}, - journal = {NBER Working Paper Number W15421}, - year = 2009, - month = Oct, - institution = {National Bureau of Economic Research, Inc} -} - -@ARTICLE{salaimartin:lecnotes, - author = {Sala-i-Martin, Xavier}, - title = {Lecture Notes on Economic Growth II: Five Prototype - Models of Endogenous Growth}, - journal = {NBER Working Paper Number 3564}, - year = 1990, - month = {December}, - note = {\url{http://ideas.repec.org/p/nbr/nberwo/3564.html}}, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/3564.html}, - url = {http://ideas.repec.org/p/nbr/nberwo/3564.html} -} - -@INCOLLECTION{Sala-i-Martin:1992, - author = {Sala-i-Martin, Xavier and Sachs, Jeffrey}, - title = {Fiscal Federalism and optimum currency areas: - Evidence for Europe from the United States}, - booktitle = {Establishing a central bank: Issues in Europe for - lessons from the U.S.}, - publisher = {Cambridge University Press}, - year = 1992, - editor = {adn Vittorio Grilli, Matthew Canzoneri and Masson, - Paul} -} - -@ARTICLE{samuelsonJudgment, - author = {Samuelson, Paul A.}, - title = {The Judgment of Economic Science on Rational - Portfolio Management: Indexing, Timing, and - Long-Horizon Effects}, - journal = {The Journal of Portfolio Management}, - year = 1989, - volume = 16, - pages = {4--12}, - number = 1, - publisher = {Institutional Investor Journals} -} - -@ARTICLE{samuelson:portfolio, - author = {Samuelson, Paul A.}, - title = {Lifetime Portfolio Selection by Dynamic Stochastic - Programming}, - journal = {Review of Economics and Statistics}, - year = 1969, - volume = 51, - pages = {239--46} -} - -@ARTICLE{samuelsonFallacy, - author = {Samuelson, Paul A}, - title = {Risk and Uncertainty: A Fallacy of Large Numbers}, - journal = {Scientia}, - year = 1963, - volume = 98, - pages = {108--113}, - number = {4-5} -} - -@ARTICLE{samuelson:olg, - author = {Samuelson, Paul A.}, - title = {An exact consumption loan model of interest with or - without the social contrivance of money}, - journal = {Journal of Political Economy}, - year = 1958, - volume = 66, - pages = {467--482} -} - -@ARTICLE{samuelsonI, - author = {Samuelson, Paul A.}, - title = {Interaction Between the Multiplier Analysis and the - Principle of Acceleration}, - journal = {Review of Economics and Statistics}, - year = 1939, - volume = 21, - pages = {75--78}, - number = 2 -} - -@ARTICLE{samwick:pensions, - author = {Samwick, Andrew A.}, - title = {The Limited Offset Between Pension Wealth and Other - Private Wealth: Implications of Buffer-Stock Saving}, - journal = {Manuscript, Department of Economics, Dartmouth - College}, - year = 1995 -} - -@INCOLLECTION{sandmo:opttax, - author = {Sandmo, ~A.}, - title = {The Effects of Taxation on Savings and Risk Taking}, - booktitle = {Handbook of Public Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1985, - editor = {{Alan J. Auerbach} and {Martin S. Feldstein}}, - address = {New York} -} - -@ARTICLE{sandriKFlows, - author = {Sandri, Damiano}, - title = {Growth and Capital Flows with Risky Entrepreneuship}, - journal = {IMF Working Paper No.10/37}, - year = 2010, - file = {sandriKFlows.pdf:sandriKFlows.pdf:PDF} -} - -@article{sandri:growthcapflows, - Author = {Damiano Sandri}, - Journal = {American Economic Journal: Macroeconomics}, - Title = {Growth and Capital Flows with Risky Entrepreneuship}, - Volume={6}, - Number={3}, - Pages={102-23}, - Year = {2014}, - url = {http://dx.doi.org/10.1257/mac.6.3.102}, - note = {http://llorracc.net/Papers/sandriGrowth.pdf} -} - -@ARTICLE{sandri:growthcapflows-JHU, - author = {Sandri, Damiano}, - title = {Growth and Capital Flows with Risky - Entrepreneurship}, - journal = {Manuscript, Johns Hopkins University}, - year = 2008 -} - -@ARTICLE{santaClaraValkanovPrez, - author = {Santa-Clara, Pedro and Valkanov, Rossen I.}, - title = {The Presidential Puzzle: Political Cycles and the - Stock Market}, - journal = {Journal of Finance}, - year = 2003, - volume = 58, - pages = {1841--1872}, - month = {October} -} - -@BOOK{sargentBlackBook, - title = {Macroeconomic Theory, Second Edition}, - publisher = {Academic Press}, - year = 1987, - author = {Sargent, Thomas}, - address = {Orlando, Florida} -} - -@INCOLLECTION{sargent:modinfl, - author = {Sargent, Thomas J.}, - title = {Stopping Moderate Inflations: The Methods of - Poincare and Thatcher}, - booktitle = {Inflation, Debt, and Indexation}, - publisher = {MIT Press}, - year = 1983, - editor = {Dornbusch, Rudiger and Simonsen, M.}, - pages = {54--96}, - address = {Cambridge, MA} -} - -@INCOLLECTION{sargent:biginfl, - author = {Sargent, Thomas J.}, - title = {The Ends of Four Big Inflations}, - booktitle = {Inflation: Causes and Consequences}, - publisher = {University of Chicago Press}, - year = 1982, - editor = {Hall, Robert E.}, - address = {Chicago} -} - -@BOOK{sargent:bounded, - title = {Bounded Rationality in Macroeconomics}, - publisher = {Oxford University Press}, - year = 1993, - author = {Sargent, Thomas J.}, - address = {Oxford} -} - -@BOOK{lsRecurse, - title = {Recursive Macroeconomic Theory}, - publisher = {The MIT Press}, - year = 2012, - author = {Sargent, Thomas J. and Ljunqvist, Lars}, - address = {Cambridge, MA} -} - -@ARTICLE{schectman:fluctuation, - author = {Schectman, Jack}, - title = {An Income Fluctuation Problem}, - journal = {Journal of Economic Theory}, - year = 1976, - volume = {XII}, - pages = {218--41} -} - -@ARTICLE{sen:poor, - author = {Sen, Amartya}, - title = {Poor, Relatively Speaking}, - journal = {Oxford Economic Papers}, - year = 1983, - volume = 35, - pages = {153--169} -} - -@BOOK{Sethi:Thompson:2000, - title = {Optimal Control Theory: Applications to Management - Science and Economics}, - publisher = {Kluwer Academic Publishers}, - year = 2000, - author = {Sethi, S.P. and Thompson, G.L.}, - address = {Boston} -} - -@ARTICLE{shapiro:PSID, - author = {Shapiro, Matthew D.}, - title = {The Permanent Income Hypothesis and the Real - Interest Rate: Some Evidence from Panel Data}, - journal = {Economics Letters}, - year = 1984, - volume = 14, - pages = {93--100}, - number = 1 -} - -@article{shapiroSlemrod:2008rebates, - author = {Shapiro, Matthew W. and Slemrod, Joel B.}, - journal = {American Economic Review}, - number = 2, - pages = {374--379}, - title = {Did the 2008 Tax Rebates Stimulate Spending?}, - volume = 99, - year = 2009, - note = - {\url{http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf}}, - url = - {http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf} -} - -@ARTICLE{ssBangOld, - author = {Shapiro, Matthew D. and Joel Slemrod}, - title = {Did the 2008 Tax Rebates Stimulate Spending?}, - journal = {Manuscript, University of Michigan}, - year = 2009, - note = - {\url{http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf}}, - url = - {http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf} -} - -@ARTICLE{shapiroSlemrod:AER03, - author = {Matthew D. Shapiro and Joel Slemrod}, - title = {Consumer Response to Tax Rebates}, - journal = {American Economic Review}, - year = 2003, - volume = 93, - pages = {381--396}, - number = 1 -} - -@ARTICLE{shapiro&slemrod:timing, - author = {Shapiro, Matthew D. and Slemrod, Joel B.}, - title = {Consumer Response to the Timing of Income: Evidence - from a Change in Tax Withholding}, - journal = {American Economic Review}, - year = 1995, - volume = 85, - pages = {274--283}, - number = 1, - month = {March} -} - -@ARTICLE{shea:iv, - author = {Shea, John}, - title = {Instrument Relevance in Multivariate Linear Models: - A Simple Measure}, - journal = {Review of Economics and Statistics}, - year = 1997, - volume = 49, - pages = {348--352}, - number = 2 -} - -@ARTICLE{shea:unions, - author = {Shea, John}, - title = {Union Contracts and the Life-Cycle/Permanent-Income - Hypothesis}, - journal = {American Economic Review}, - year = 1995, - volume = 85, - pages = {186--200}, - number = 1, - month = {March} -} - -@ARTICLE{ShieldsTo2005, - author = {Jennifer Shields and Nhien To}, - title = {Learning to Say No: Conditioned Underreporting in an - Expenditure Survey}, - journal = {American Association for Public OpinionResearch - - American Statistical Association, Proceedings of the - Section on Survey Research Methods}, - year = 2005, - pages = {3963--8} -} - -@MISC{shillerHousingBubble, - author = {Shiller, Robert}, - title = {Yale Professor Predicts Housing `Bubble' Will Burst}, - howpublished = {Interview with National Public Radio}, - month = {June 3}, - year = 2005 -} - -@TECHREPORT{Shiller:2004, - author = {Shiller, Robert J.}, - title = {Household Reaction to Chagnes in Housing Wealth}, - institution = {Cowles Foundation for Research in Economics, Yale - University}, - year = 2004, - note = {Discussion Paper NO. 1459} -} - -@ARTICLE{shiller:behavior, - author = {Shiller, Robert J.}, - title = {Human Behavior and the Efficiency of the Financial - System}, - journal = {Manuscript, Yale University}, - year = 1997 -} - -@BOOK{shiller:markets, - title = {Macro Markets: Creating Institutions for Managing - Society's Largest Economic Risks}, - publisher = {Oxford University Press}, - year = 1993, - author = {Shiller, Robert J.} -} - -@ARTICLE{shirvani&wilbratte:asymmetry, - author = {Shirvani, Hassan and Wilbratte, Barry}, - title = {Does Consumption Respond More Strongly to Stock - Market Declines than to Increases?}, - journal = {International Economic Review}, - year = 2000, - volume = 14, - pages = {41--49} -} - -@ARTICLE{shore:couples, - author = {Shore, Stephen H.}, - title = {The Co-Movement of Couples' Incomes}, - journal = {Manuscript, University of Pennsylvania, Wharton - School}, - year = 2006 -} - -@TECHREPORT{sw06, - author = {Shore, Stephen H. and White, Joshua S.}, - title = {External Habit Formation and the Home Bias Puzzle}, - institution = {The Wharton School, University of Pennsylvania}, - year = 2006, - type = {working paper} -} - -@ARTICLE{sibley:optimalc, - author = {Sibley, David S.}, - title = {Permanent and Transitory Income Effects in a Model - of Optimal Consumption with Wage Income Uncertainty}, - journal = {Journal of Economic Theory}, - year = 1975, - volume = 11, - pages = {68--82} -} - -@ARTICLE{SibleyPIH, - author = {Sibley, David S.}, - title = {Permanent and Transitory Effects of Optimal - Consumption with Wage Income Uncertainty}, - journal = {Journal of Economic Theory}, - year = 1975, - pages = {68--82} -} - -@ARTICLE{sichel:inventories, - author = {Sichel, Daniel S.}, - title = {Inventories and the Three Stages of the Business - Cycle}, - journal = {Journal of Business and Economic Statistics}, - year = 1994, - volume = 12, - pages = {269--277} -} - -@ARTICLE{sichel:3states, - author = {Sichel, Daniel S.}, - title = {Business Cycle Asymmetries: A Deeper Look}, - journal = {Economic Inquiry}, - year = 1993, - pages = {224--236} -} - -@MISC{silverPolls2012, - author = {Silver, Nate}, - title = {Which Polls Fared Best and Worst in the 2012 - Presidential Race?}, - month = {Nov}, - year = 2012, - note = - {\url{http://fivethirtyeight.blogs.nytimes.com/2012/11/10/which-polls-fared-best-and-worst-in-the-2012-presidential-race/}}, - day = 10, - journal = {New York Times, FiveThirtyEight Blog}, - url = - {http://fivethirtyeight.blogs.nytimes.com/2012/11/10/which-polls-fared-best-and-worst-in-the-2012-presidential-race/} -} - -@PHDTHESIS{simonivcOperators, - author = {Simoni{\v}{c}, A.}, - title = {An {Extension} of {Lomonosov's} {Techniques} to - {Non}-{Compact} {Operators}}, - school = {Dalhousie University, Department of Mathematics, - Statistics, \& Computing Science}, - year = 1994 -} - -@UNPUBLISHED{Sim91, - author = {Simoni{\v}{c}, A.}, - title = {Notes on {Subharmonic} {Functions}}, - note = {Lecture Notes, Dalhousie University, Department of - Mathematics, Statistics, \& Computing Science}, - year = 1991 -} - -@TECHREPORT{sims05, - author = {Sims, Christopher}, - title = {Rational Inattention: A Research Agenda}, - institution = {Deutsche Bundesbank}, - year = 2005, - type = {Deutsche Bundesbank discussion paper}, - number = 34 -} - -@ARTICLE{simsInattention, - author = {Sims, Christopher}, - title = {Implications of Rational Inattention}, - journal = {Journal of Monetary Economics}, - year = 2003, - volume = 50, - pages = {665--690}, - number = 3, - note = {available at \url{http://ideas.repec.org/a/eee/moneco/v50y2003i3p665-690.html}} -} - -@ARTICLE{simsQJE:inattention, - author = {Sims, Christopher A.}, - title = {Implications of Rational Inattention}, - journal = {Manuscript, Yale University}, - year = 2001 -} - -@MISC{sims:backsolve, - author = {Sims, Christopher A.}, - title = {Solving Nonlinear Stochastic Optimization and - Equilibrium Problems Backwards}, - howpublished = {Institute for Empirical Macroeconomics Discussion - Paper 15, Federal Reserve Bank of Minneapolis and - University of Minnesota}, - year = 1989 -} - -@ARTICLE{sirziz03, - author = {Sirovatka, Tomas and Zizlavsky, Martin}, - title = {Unemployment and Work Incentives ({N}ezamestnanost a - pracovni pobidky)}, - journal = {Political Economy (Politicka ekonomie)}, - year = 2003, - volume = 51, - pages = {391--406}, - number = 3, - note = {In Czech} -} - -@INCOLLECTION{skinner:houseUS, - author = {Skinner, Jonathan S.}, - title = {Housing and Saving in the U.S.}, - booktitle = {Housing Markets in the United States and Japan}, - publisher = {University of Chicago Press for NBER}, - year = 1994, - editor = {Noguchi, Yoshiro and Poterba, James M.}, - address = {Chicago:} -} - -@INCOLLECTION{skinner:sideshow, - author = {Skinner, Jonathan S.}, - title = {Is Housing Wealth a Sideshow?}, - booktitle = {Advances in the Economics of Aging}, - publisher = {University of Chicago Press for NBER}, - year = 1994, - editor = {Wise, David}, - address = {Chicago:} -} - -@ARTICLE{skinner:jme, - author = {Skinner, Jonathan S.}, - title = {Risky Income, Life Cycle Consumption, and - Precautionary Savings}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 22, - pages = {237--255} -} - -@ARTICLE{sv:Ed, - author = {Skyt Nielsen, Helena and Annette - Vissing-J{\o}rgensen}, - title = {The Impact of Labor Income Risk on Educational - Choices: Estimates and Implied Risk Aversion}, - journal = {Manuscript, Kellogg School, Northwestern University}, - year = 2006, - month = {January}, - bdsk-url-1 = - {http://www.kellogg.northwestern.edu/faculty/vissing/htm/nielsen_vissing2006.pdf}, - url = - {http://www.kellogg.northwestern.edu/faculty/vissing/htm/nielsen_vissing2006.pdf} -} - -@ARTICLE{sla09, - author = {Slacalek, Jiri}, - title = {What Drives Personal Consumption? The Role of - Housing and Financial Wealth}, - journal = {The B.E. Journal of Macroeconomics}, - year = 2009, - volume = 9, - pages = {article 37}, - number = 1, - institution = {German Institute for Economic Research, DIW Berlin}, - type = {mimeo} -} - -@TECHREPORT{slacalekDrives, - author = {Slacalek, Jiri}, - title = {What Drives Personal Consumption? {T}he Role of - Housing and Financial Wealth}, - institution = {German Institute for Economic Research, DIW Berlin}, - year = 2006, - type = {discussion paper}, - number = 647 -} - -@ARTICLE{slacalek:coint, - author = {Slacalek, Jiri}, - title = {International Evidence On Cointegration Between - Consumption, Income, And Wealth}, - journal = {Manuscript, Johns Hopkins University}, - year = 2005, - bdsk-url-1 = - {http://econ.jhu.edu/people/slacalek/research/cointegration.pdf}, - url = {http://econ.jhu.edu/people/slacalek/research/ - cointegration.pdf} -} - -@TECHREPORT{slacalek:cwunstable, - author = {Slacalek, Jiri}, - title = {International Evidence on Cointegration between - Consumption, Income, and Wealth}, - institution = {Johns Hopkins University}, - year = 2004, - type = {mimeo} -} - -@BOOK{slemrod:progressivity, - title = {Tax Progressivity and Income Inequality}, - publisher = {Cambridge University Press}, - year = 1994, - author = {Slemrod, Joel}, - address = {New York} -} - -@ARTICLE{slifman&corrado:pty, - author = {Slifman, Lawrence and Corrado, Carol}, - title = {Decomposition of Productivity and Unit Costs}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {328--332}, - number = 2 -} - -@ARTICLE{sw03, - author = {Smets, Frank and Wouters, Raf}, - title = {An Estimated Dynamic Stochastic General Equilibrium - Model of the Euro Area}, - journal = {Journal of European Economic Association}, - year = 2003, - volume = 5, - pages = {1123--1175}, - number = 1 -} - -@INCOLLECTION{smith:wealth, - author = {Smith, Adam}, - title = {An Inquiry into the Nature and Causes of the Wealth - of Nations}, - booktitle = {The Wealth of Nations: The Cannan Edition}, - publisher = {Modern Library}, - year = 1776, - editor = {Cannan, E.}, - address = {New York}, - note = {(1937)} -} - -@ARTICLE{Solon1992, - author = {Gary Solon}, - title = {Intergenerational Income Mobility in the United - States}, - journal = AER, - year = 1992, - volume = 82, - pages = {409--29}, - number = 3, - month = {June} -} - -@ARTICLE{solow:rep, - author = {Solow, Robert M.}, - title = {Dumb and Dumber in Macroeconomics}, - journal = {Manuscript, MIT}, - year = 2003 -} - -@ARTICLE{solow:contribution, - author = {Solow, Robert M.}, - title = {A Contribution to the Theory of Economic Growth}, - journal = {Quarterly Journal of Economics}, - year = 1956, - volume = 70, - pages = {65--94}, - number = 1 -} - -@ARTICLE{muellbauerHabits, - author = {Muellbauer, John}, - title = {Habits, Rationality and Myopia in the Life Cycle - Consumption Function}, - journal = {Annales d'Economie et de Statistique}, - year = 1988, - volume = 9, - pages = {47--70} -} - -@TECHREPORT{sommerHabits, - author = {Sommer, Martin}, - title = {Habits, Sentiment and Predictable Income in the - Dynamics of Aggregate Consumption}, - institution = {Johns Hopkins University}, - year = 2002, - type = {working Paper Number 458; Updated 2006}, - note = {Available at - {\url{http://econ.jhu.edu/pdf/papers/wp458_version2006.pdf}}} -} - -@ARTICLE{sommer:jobmarket, - author = {Sommer, Martin}, - title = {Habits, Sentiment and Predictable Income in the - Dynamics of Aggregate Consumption}, - journal = {Manuscript, The Johns Hopkins University}, - year = 2001, - note = - {\href{http://econ.jhu.edu/pdf/papers/wp458.pdf}{http://econ.jhu.edu/pdf/papers/wp458.pdf}} -} - -@ARTICLE{syChina, - author = {Song, Zheng Michael and Yang, Dennis Tao}, - title = {Life Cycle Earnings and Saving in a Fast-Growing - Economy}, - journal = {Manuscript, Chinese University of Hong Kong}, - year = 2010 -} - -@ARTICLE{souleles:sentiment, - author = {Souleles, Nicholas}, - title = {Consumer Sentiment: Its Rationality and Usefulness - in Forecasting Expenditure; Evidence from the - Michigan Micro Data}, - journal = {Journal of Money, Credit, and Banking}, - year = {forthcoming} -} - -@ARTICLE{souleles:finance, - author = {Souleles, Nicholas S.}, - title = {Household Securities Purchases, Transactions Costs, - and Hedging Motives}, - journal = {Manuscript, University of Pennsylvania}, - year = 2000 -} - -@ARTICLE{souleles:taxrefunds, - author = {Souleles, Nicholas S.}, - title = {The Response of Household Consumption to Income Tax - Refunds}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {947--958}, - number = 4, - month = {September} -} - -@ARTICLE{sousa:stocks, - author = {Sousa, Ricardo}, - title = {Property of Stocks and Wealth Effects on - Consumption}, - journal = {Manuscript, University of Minho, Portugal}, - year = 2003 -} - -@ARTICLE{Splinter:2010vd, - author = {Splinter, David and Bryant, Victoria and Diamond, - John, W.}, - title = {{Income Volatility and Mobility: U.S. Income Tax - Data, 1999--2007}}, - year = 2010, - date-added = {2013-04-07T22:40:14GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{2010_Splinter.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Splinter/2010_Splinter.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Splinter/2010_Splinter.pdf}, - rating = 0, - uri = - {\url{papers2://publication/uuid/1986B22E-9258-492A-8A7D-71082007A882}}, - url = - {http://www.bakerinstitute.org/publications/TEPP-pub-SplinterBryantDiamondIncomeVolatility-012010.pdf} -} - -@ARTICLE{ssw:nairu, - author = {Staiger, Douglas and Stock, James H. and Watson, - Mark W.}, - title = {Prices, Wages, and the U.S. NAIRU in the 1990s}, - journal = {NBER Working Paper Number 8320}, - year = 2001 -} - -@ARTICLE{staiger&stock:disease, - author = {{Staiger, Douglas} and Stock, James H.}, - title = {Instrumental Variables Regression with Weak - Instruments}, - journal = {NBER Technical Working Paper No. 151}, - year = 1994 -} - -@ARTICLE{StarrMcCluer:2002, - author = {Starr-McCluer, Martha}, - title = {Stock Market Wealth and Consumption}, - journal = {Economic Inquiry}, - year = 2002, - volume = 40, - pages = {69--79}, - number = 1, - month = {January}, - abstract = {This article investigates the effects of stock - market wealth on consumer spending. Traditional - macroeconometric models estimate that a dollar's - increase in stock wealth boosts consumption by three - to seven cents. With the substantial 1990s rise in - stock prices, the nature and magnitude of this - {"}wealth effect{"} have been much debated. After - describing the issues and previous research, I - present new evidence from a well-known consumer - survey. The results are broadly consistent with - life-cycle saving and a modest wealth effect: most - stockholders reported no appreciable effect of stock - prices on their saving or spending, but many - mentioned {"}retirement saving{"} in explaining - their behavior.} -} - -@ARTICLE{starr-mccluer:stockmarket, - author = {Starr-McCluer, Martha}, - title = {Stock Market Wealth and Consumer Spending}, - journal = {Federal Reserve Board of Governors}, - year = 1998 -} - -@ARTICLE{StiglerBeckerDeGustibus, - author = {Stigler, George J. and Becker, Gary S.}, - title = {{De Gustibus Non Est Disputandum}}, - journal = {The American Economic Review}, - year = 1977, - volume = 67, - pages = {76--90}, - number = 2, - bdsk-url-1 = {http://dx.doi.org/10.2307/1807222}, - citeulike-article-id =350004, - citeulike-linkout-0 ={http://dx.doi.org/10.2307/1807222}, - citeulike-linkout-1 ={http://www.jstor.org/stable/1807222}, - doi = {10.2307/1807222}, - keywords = {economics, methodology, philosophy}, - posted-at = {2008-10-06 08:07:03}, - priority = 2, - url = {http://dx.doi.org/10.2307/1807222} -} - -@TECHREPORT{swManyPredictors_inflPred, - author = {Stock, James and Watson, Mark}, - title = {Has Inflation Become Harder to Forecast?}, - institution = {Harvard University}, - year = 2005, - type = {mimeo} -} - -@INCOLLECTION{stock:Handbook, - author = {Stock, James H.}, - title = {Unit roots, structural breaks and trends}, - booktitle = {Handbook of Econometrics}, - publisher = {Elsevier}, - year = 1986, - editor = {R. F. Engle and D. McFadden}, - volume = 4, - series = {Handbook of Econometrics}, - chapter = 46, - pages = {2739--2841}, - month = {December}, - abstract = {This chapter reviews inference about large - autoregressive or moving average roots in univariate - time series, and structural change in multivariate - time series regression. The \"problem\" of - unit roots is cast more broadly as determining the - order of integration of a series; estimation, - inference, and confidence intervals are - discussed. The discussion of structural change - focuses on tests for parameter stability. Much - emphasis is on asymptotic distributions in these - nonstandard settings, and one theme is the general - applicability of functional central limit - theory. The quality of the asymptotic approximations - to finite-sample distributions and implications for - empirical work are critically reviewed.}, - url = {http://ideas.repec.org/h/eee/ecochp/4-46.html} -} - -@ARTICLE{sto91, - author = {Stock, James H.}, - title = {Confidence Intervals for the Largest Autoregressive - Root in Macroeconomic Time Series}, - journal = {Journal of Monetary Economics}, - year = 1991, - volume = 28, - pages = {445--460}, - number = 3 -} - -@ARTICLE{stock&watson:forecasting, - author = {Stock, James H. and Watson, Mark W.}, - title = {Forecasting Output and Inflation: The Role of Asset - Prices}, - journal = {Journal of Economic Literature}, - year = 2003 -} - -@ARTICLE{swPrincipal, - author = {James H. Stock and Mark W. Watson}, - title = {Forecasting Using Principal Components from a Large - Number of Predictors}, - journal = {Journal of the American Statistical Association}, - year = 2002, - volume = 97, - pages = {1167--1179} -} - -@ARTICLE{sw02a, - author = {Stock, James H. and Watson, Mark W.}, - title = {Macroeconomic Forecasting Using Diffusion Indexes}, - journal = {Journal of Business and Economic Statistics}, - year = 2002, - volume = 20, - pages = {147--162}, - number = 2 -} - -@ARTICLE{swInflation, - author = {Stock, James H. and Watson, Mark W.}, - title = {Forecasting Inflation}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 44, - pages = {293--335} -} - -@ARTICLE{swMedianUnbiased, - author = {James H. Stock and Mark W. Watson}, - title = {Median Unbiased Estimation of Coefficient Variance - in a Time-Varying Parameter Model}, - journal = {Journal of the American Statistical Association}, - year = 1998, - volume = 93, - pages = {349--358}, - number = 441 -} - -@MISC{stock&watson:handbook, - author = {Stock, James H. and Watson, Mark W.}, - title = {Business Cycle Fluctuations in U.S. Macroeconomic - Time Series}, - howpublished = {Working Paper}, - year = 1997 -} - -@ARTICLE{swy02, - author = {Stock, James H. and Wright, Jonathan H. and Yogo, - Motohiro}, - title = {A Survey of Weak Instruments and Weak Identification - in Generalized Method of Moments}, - journal = {Journal of Business and Economic Statistics}, - year = 2002, - volume = 20, - pages = {518--529}, - number = 4 -} - -@ARTICLE{Stockman:1988, - author = {Stockman, Alan C.}, - title = {Sectoral and National Aggregate Disturbances to - Industrial Output in Seven European Countries}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 21, - pages = {387--409} -} - -@ARTICLE{sty:cyclical, - author = {Storesletten, Kjetil and Telmer, Chris I. and Yaron, - Amir}, - title = {Cyclical Dynamics in Idiosyncratic Labor-Market - Risk}, - journal = {Journal of Political Economy}, - year = 2004, - volume = 112, - pages = {695--717}, - number = 3, - month = {June} -} - -@ARTICLE{strotzInconsistent, - author = {Strotz, Richard H.}, - title = {Myopia and Inconsistency in Dynamic Utility - Maximization}, - journal = {Review of Economic Studies}, - year = 1955, - volume = 23, - pages = {165--180}, - number = 3 -} - -@ARTICLE{suk07, - author = {Sukiassyan, Grigor}, - title = {Inequality and Growth: What Does the Transition - Economy Data Say?}, - journal = {Journal of Comparative Economics}, - year = 2007, - volume = 35, - pages = {35--56}, - number = 1 -} - -@ARTICLE{summersWolf, - author = {Summers, Lawrence H.}, - title = {Larry Summers and Martin Wolf on New Economic - Thinking}, - journal = {Financial Times video interview}, - year = 2011, - note = {\url{http://tinyurl.com/dl201108a}}, - date = {April 8, 2011}, - url = {http://tinyurl.com/dl201108a} -} - -@Article{summersIllusion, - Title = {The Scientific Illusion in Empirical Macroeconomics}, - Author = {Summers, Lawrence H}, - Journal = {Scandinavian Journal of Economics}, - Year = 1991, - Note = - {\url{http://www.econ.ucdavis.edu/faculty/kdsalyer/LECTURES/Ecn200e/summers_illusion.pdf}}, - Number = 2, - Pages = {129-48}, - Volume = 93, - Owner = {Nic Johnson}, - Url = - {http://www.econ.ucdavis.edu/faculty/kdsalyer/LECTURES/Ecn200e/summers_illusion.pdf} -} - -@ARTICLE{summers:skeptical, - author = {Summers, Lawrence H.}, - title = {Some Skeptical Observations on Real Business Cycle - Theory}, - journal = {Federal Reserve Bank of Minneapolis Quarterly - Review}, - year = 1986, - volume = 10, - pages = {23--27}, - note = - {\url{http://minneapolisfed.org/research/QR/QR1043.pdf}}, - bdsk-url-1 = {http://minneapolisfed.org/research/QR/QR1043.pdf}, - file = {summersSkeptical.pdf:summersSkeptical.pdf:PDF}, - url = {http://minneapolisfed.org/research/QR/QR1043.pdf} -} - -@Article{summersCapTax, - Title = {Capital Taxation and Accumulation in a Life Cycle - Growth Model}, - Author = {Summers, Lawrence H.}, - Journal = {American Economic Review}, - Year = 1981, - Note = {\url{http://www.jstor.org/stable/1806179}}, - Number = 4, - Pages = {533--544}, - Volume = 71, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1806179} -} - -@ARTICLE{summers&heston:article, - author = {Summers, Robert and Heston, Alan}, - title = {A New Set of International Comparisons of Real - Product and Price Level Estimates for 130 Countries, - 1950-1985}, - journal = {Review of Income and Wealth}, - year = 1988, - volume = {XXXIV}, - pages = {1--25} -} - -@TECHREPORT{scf04Charts, - author = {{Survey of Consumer Finances}}, - title = {2004 SCF Chartbook}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2007, - type = {electronic document}, - note = {Available at - \url{http://www.federalreserve.gov/pubs/oss/oss2/2004/scf2004home.html}} -} - -@ARTICLE{sve02, - author = {Jan Svejnar}, - title = {Transition Economies: Performance and Challenges}, - journal = {Journal of Economic Perspectives}, - year = 2002, - volume = 16, - pages = {3--28}, - number = 1 -} - -@ARTICLE{szeidlInvariantOrig, - author = {Szeidl, Adam}, - title = {Invariant Distribution in Buffer-Stock Saving and - Stochastic Growth Models}, - journal = {Manuscript, University of California at Berkeley}, - year = 2006, - month = {October} -} - -@ARTICLE{szeidl:ergodic, - author = {Szeidl, Adam}, - title = {On Ergodic Distributions and Buffer Stock Saving - Models}, - journal = {Manuscript, Harvard University}, - year = 2002 -} - -@ARTICLE{tv03, - author = {Alvin Tan and Graham Voss}, - title = {Consumption and Wealth in Australia}, - journal = {Economic Record}, - year = 2003, - volume = 244, - pages = {39--56}, - number = 79 -} - -@ARTICLE{tauchen&hussey:quadrature, - author = {Tauchen, George and Hussey, R.}, - title = {Quadrature-Based Methods for Obtaining Approximate - Solutions to the Integral Equations of Nonlinear - Rational Expectations Models}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {371--96} -} - -@ARTICLE{taylorFiscal, - author = {Taylor, John B.}, - title = {The Lack of an Empirical Rationale for a Revival of - Discretionary Fiscal Policy}, - journal = {The American Economic Review}, - year = 2009, - volume = 99, - pages = {550--555}, - number = 2, - publisher = {JSTOR} -} - -@ARTICLE{taylor&uhlig:solve, - author = {{Taylor, John B.} and {Harald Uhlig}}, - title = {Solving Nonlinear Stochastic Growth Models: A - Comparison of Alternative Solution Methods}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {35--36}, - number = 1 -} - -@ARTICLE{thalerFungibility, - author = {Thaler, Richard H.}, - title = {Anomalies: Saving, Fungibility, and Mental Accounts}, - journal = {Journal of Economic Perspectives}, - year = 1990, - volume = 4, - pages = {193--205}, - number = 1, - month = {January} -} - -@ARTICLE{thaler:psychology, - author = {Thaler, Richard H.}, - title = {Psychology and Savings Policies}, - journal = {American Economic Review, Papers and Proceedings}, - year = 1994, - volume = 84, - pages = {186--192}, - number = 2, - month = may -} - - -@ARTICLE{thalerMental, - author = {Thaler, Richard H.}, - title = {Saving, Fungibility and Mental Accounts}, - journal = {Journal of Economic Perspectives}, - year = 1990, - volume = 4, - pages = {193--205} -} - -@ARTICLE{thaler&shefrin:selfcontrol, - author = {Thaler, Richard H. and Shefrin, Hersh M.}, - title = {An Economic Theory of Self-Control}, - journal = {Journal of Political Economy}, - year = 1981, - volume = 89, - pages = {392--406}, - number = 2, - month = {April} -} - -@ARTICLE{thomas:surveyinfl, - author = {Thomas Jr., Lloyd B.}, - title = {Survey Measures of Expected U.S. Inflation}, - journal = {Journal of Economic Perspectives}, - year = 1999, - volume = 13, - pages = {125--144}, - number = 4 -} - -@BOOK{thomsonGuide, - title = {A Guide for the Young Economist}, - publisher = {M.I.T. Press}, - year = 2001, - author = {Thomson, William L.}, - address = {Cambridge} -} - -@TECHREPORT{tlu05, - author = {Vlastimil Tlusty}, - title = {Modern Tax, Pension and Social System (Moderni - danovy, duchodovy a socialni system)}, - year = 2005, - type = {presentation}, - note = {{X}VI. Congress of Czech Civic Democratic Party - (ODS), November 27, 2005 Available at - \url{http://www.tlusty.cz/}, In Czech} -} - -@INCOLLECTION{tobin:sandg, - author = {Tobin, James}, - title = {Life Cycle Saving and Balanced Growth}, - booktitle = {Ten Economic Studies in the Tradition of Irving - Fisher}, - publisher = {Wiley}, - year = 1967, - editor = {Fellner, William}, - address = {New York} -} - -@INPROCEEDINGS{tobinSaving, - author = {Tobin, James}, - title = {Life Cycle Saving and Balanced Growth}, - booktitle = {Ten Economic Studies in the Tradition of Irving - Fisher}, - year = 1967, - editor = {Fellner, William}, - pages = {231--256}, - publisher = {J. Wiley and Sons, Inc.} -} - -@BOOK{tobinMacro, - title = {Asset Accumulation and Economic Activity: - Reflections on Contemporary Macroeconomic Theory}, - publisher = {Basil Blackwell}, - year = 1980, - author = {Tobin, James}, - location = {Oxford} -} - -@ARTICLE{tobinsQ, - author = {Tobin, James}, - title = {A General Equilibrium Approach to Monetary Theory}, - journal = {Journal of Money Credit and Banking}, - year = 1969, - volume = 1, - pages = {15--29}, - number = 1 -} - -@ARTICLE{tobinRisk, - author = {Tobin, James}, - title = {Liquidity Preference as Behavior Towards Risk}, - journal = {Review of Economic Studies}, - year = 1958, - volume = {XXXV}, - pages = {65--86}, - number = 67, - month = {February}, - bdsk-url-1 = {http://cowles.econ.yale.edu/P/cm/m19/m19-01.pdf}, - url = {http://cowles.econ.yale.edu/P/cm/m19/m19-01.pdf} -} - -@ARTICLE{tokuokaCapitalist, - author = {Kiichi Tokuoka}, - title = {Is Wealth Accumulation a Luxury Good?}, - journal = {Economics Letters}, - year = 2012, - volume = 115, - pages = {523--526}, - number = 3, - doi = {10.1016/j.econlet.2011.12.122}, - file = {tokuokaCapitalist.pdf:tokuokaCapitalist.pdf:PDF}, - issn = {0165-1765}, - keywords = {Wealth}, - url = - {http://www.sciencedirect.com/science/article/pii/S0165176511006458} -} - -@ARTICLE{topelSeniority, - author = {Topel, Robert H.}, - title = {Specific Capital, Mobility and Wages: Wages Rise - with Job Seniority}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {145--176}, - issue = 1 -} - -@ARTICLE{topel90, - author = {Topel, Robert H.}, - title = {Specific Capital, Mobility and Wages: Wages Rise - with Job Seniority}, - journal = {NBER Working Paper Number W3294}, - year = 1990 -} - -@ARTICLE{topel92, - author = {Topel, Robert H. and Ward, Michael P.}, - title = {Job Mobility and the Careers of Young Men}, - journal = {Quarterly Journal of Economics}, - year = 1992, - volume = 107, - pages = {439--479}, - number = 2, - month = {May} -} - -@ARTICLE{townsendIndia, - author = {Townsend, Robert}, - title = {Risk and Insurance in Village India}, - journal = {Econometrica}, - year = 1994, - volume = 62, - pages = {171--84}, - number = 3 -} - -@TECHREPORT{trabandt05, - author = {Mathias Trabandt}, - title = {Sticky Information vs. Sticky Prices: A Horse Race - in a DSGE Framework}, - institution = {Humboldt University Berlin}, - year = 2004, - type = {mimeo} -} - -@BOOK{trump:deal, - title = {Trump: The Art of the Deal}, - publisher = {Random House}, - year = 1988, - author = {Trump, Donald}, - address = {New York}, - note = {With Tony Schwarz} -} - -@ARTICLE{jappelli&pagano:intlLC, - author = {Tullio Jappelli, Marco Pagano}, - title = {Consumption and Capital Market Imperfections: An - International Comparison}, - journal = {The American Economic Review}, - year = 1989, - volume = 79, - pages = {1088--1105}, - number = 5, - month = {December} -} - -@ARTICLE{turnovsky:inflsurv, - author = {Turnovsky, Stephen J.}, - title = {Empirical Evidence on the Formation of Price - Expectations}, - journal = {Journal of the American Statistical Association}, - year = 1970, - volume = 65, - pages = {1441--54}, - number = {December} -} - -@ARTICLE{tuttle&gauger:wealtheffects, - author = {Tuttle, M. H. and Gauger, Jean}, - title = {Wealth Effects and Consumption: A Multivariate - Evaluation}, - journal = {Mimeo, University of Tennessee}, - year = 2003 -} - -@ARTICLE{urich&wachtel:money, - author = {Urich, Thomas and Wachtel, Paul}, - title = {The Structure of Expectations of the Weekly Money - Supply Announcement}, - journal = {Journal of Monetary Economics}, - year = 1984, - volume = 13, - pages = {183--194} -} - -@INCOLLECTION{uzawa:patientownall, - author = {Uzawa, Hirofumi}, - title = {Time Preference, the Consumption Function, and - Optimum Asset Holdings}, - booktitle = {Value, Capital, and Growth: Papers in Honor of Sir - John Hicks}, - publisher = {Edinborough University Press}, - year = 1968, - editor = {Wolfe, J. N.}, - pages = {485--504}, - address = {Chicago} -} - -@INBOOK{skg:impact, - pages = {35--64}, - title = {The Impact of Changes in Income and Family - Composition on Subjective Well-Being}, - publisher = {University of Chicago Press}, - year = 1985, - author = {{v}an~de~Stadt, Huib and Kapteyn, Arie and van~de~Geer, Sara}, - booktitle = {Horizontal Equity, Uncertainty, and Economic - Well-Being} -} - -@ARTICLE{skg:relativity, - author = {{v}an~de~Stadt, Huib and Kapteyn, Arie and - van~de~Geer, Sara}, - title = {The Relativity of Utility: Evidence from Panel Data}, - journal = {Review of Economics and Statistics}, - year = 1985, - volume = 67, - pages = {179--187}, - number = 2, - month = May -} - -@PHDTHESIS{Valencia:2006, - author = {Valencia, Fabian}, - title = {Banks' Financial Structure and Business Cycles}, - school = {Johns Hopkins University}, - year = 2006, - month = {October}, - abstract = { } -} - -@BOOK{veblen:leisureclass, - title = {The Theory of the Leisure Class}, - publisher = {The Modern Library}, - year = 1899, - author = {Veblen, T.}, - address = {New York} -} - -@ARTICLE{velculescuHabits, - author = {Velculescu, Delia}, - title = {Consumption Habits In An Overlapping-Generations - Model}, - journal = {Economics Letters}, - year = 2011, - note = {\url{http://dx.doi.org/10.1016/j.bbr.2011.03.031}}, - doi = {10.1016/j.bbr.2011.03.031}, - file = {velculescuHabits.pdf:velculescuHabits.pdf:PDF}, - publisher = {Elsevier}, - url = {http://dx.doi.org/10.1016/j.bbr.2011.03.031} -} - -@ARTICLE{viard:ptyslowdown, - author = {Viard, Alan}, - title = {The Productivity Slowdown and the Savings Shortfall: - {A} Challenge to the Permanent Income Hypothesis}, - journal = {Economic Inquiry}, - year = 1993, - volume = 31, - pages = {549--564} -} - -@ARTICLE{vis02, - author = {Annette {Vissing-J\o rgensen}}, - title = {Limited Asset Market Participation and the - Elasticity of Intertemporal Substitution}, - journal = {Journal of Political Economy}, - year = 2002, - volume = 110, - pages = {339--357}, - number = {825--53} -} - -@ARTICLE{wsmEarningsLosses, - author = {von Wachter, Till and Song, Jae and Manchester, - Joyce}, - title = {Long-Term Earnings Losses due to Mass Layoffs During - the 1982 Recession: An Analysis Using - U.S. Administrative Data from 1974 to 2004}, - journal = {Manuscript, Columbia University}, - year = 2009 -} - -@ARTICLE{Marshall:1891, - author = {Wagner, Alfred}, - title = {Principles of Economics}, - journal = {History of Economic Thought Articles}, - year = 1891, - volume = 5, - pages = {319--338} -} - -@BOOK{watts:smallworld, - title = {Small Worlds}, - publisher = {Princeton Univ Press}, - year = 1999, - author = {Watts, Duncan J.} -} - -@ARTICLE{weber:ruleOfThumb, - author = {Weber, Christian E.}, - title = {Intertemporal Non-Separability and `Rule-Of-Thumb' - Consumption}, - journal = {Journal of Monetary Economics}, - year = 2002, - volume = 49, - pages = {293--308} -} - -@BOOK{weber:capitalism, - title = {The Protestant Ethic and the Spirit of Capitalism}, - publisher = {Charles Scribner and Sons}, - year = 1905, - author = {Weber, Max M.}, - address = {New York} -} - -@BOOK{weibull:evolutionary, - title = {Evolutionary Game Theory}, - publisher = {MIT Press}, - year = 1995, - author = {Weibull, J{\"}orgen}, - address = {New York} -} - -@ARTICLE{weilSamuelson, - author = {Weil, Philippe}, - title = {Overlapping Generations: The First Jubilee}, - journal = {Journal of Economic Perspectives}, - year = 2008, - volume = 22, - pages = {115--34}, - number = 4, - month = {Fall}, - bdsk-url-1 = - {http://ideas.repec.org/a/aea/jecper/v22y2008i4p115-34.html}, - url = - {http://ideas.repec.org/a/aea/jecper/v22y2008i4p115-34.html} -} - -@ARTICLE{wkTaylor, - author = {Weise, Charles L. and Krisch, David}, - title = {The Monetary Response to Changes in Credit Spreads}, - journal = {Paper Presented at the Eastern Economic Meetings, - March 1 2009}, - year = 2009, - note = {Corresponding Author: Charles Weise, - \texttt{weise@gettysburg.edu}} -} - -@INCOLLECTION{weiss:survey, - author = {Weiss, Y.}, - title = {The Determinants of Lifecycle Earnings: A Survey}, - booktitle = {HandBOOK of Labor Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1986, - editor = {{Orley Ashenfelter} and {Richard Layard}}, - address = {New York} -} - -@ARTICLE{wenChinaSaving, - author = {Wen, Yi}, - title = {Saving and Growth Under Borrowing Constraints: - Explaining the 'High Saving Rate'Puzzle}, - journal = {FRB of St. Louis Working Paper No 2009-45}, - year = 2009 -} - -@TECHREPORT{westlingSize, - author = {Westling, Tatu}, - title = {Male Organ And Economic Growth: Does Size Matter?}, - institution = {University Library of Munich, Germany}, - year = 2011, - type = {MPRA Paper}, - number = 32302, - month = Jul, - abstract = {No abstract is available for this item.}, - keywords = {Economic growth; Total factor productivity; Adult - mortality; Longevity; Knowledge transmission; }, - url = {http://ideas.repec.org/p/pra/mprapa/32302.html} -} - -@ARTICLE{white:whydont, - author = {White, Michelle}, - title = {Why Don't More Households File for Bankruptcy?}, - journal = {University of Michigan Working Paper}, - year = 1998, - volume = {98-3} -} - -@ARTICLE{white:whyitpays, - author = {White, Michelle}, - title = {Why It Pays to File For Bankruptcy: A Critical Look - at Incentives Under U.S. Bankruptcy Laws and a - Proposal for Change}, - journal = {University of Michigan Working Paper}, - year = 1998, - volume = {98-2} -} - -@ARTICLE{wil92, - author = {David W. Wilcox}, - title = {The Construction of the U.S. Consumption Data: Some - Facts and Their Implications for Empirical Research}, - journal = {American Economic Review}, - year = 1992, - volume = 82, - pages = {922--941}, - number = 4 -} - -@ARTICLE{wilhelm:bequest, - author = {Wilhelm, Mark O.}, - title = {Bequest Behavior and the Effect of Heirs' Earnings: - Testing the Altruistic Model of Bequests}, - journal = {American Economic Review}, - year = 1996, - volume = 86, - pages = {874--982}, - number = 4 -} - -@INCOLLECTION{willis:survey, - author = {Willis, ~R.~J.}, - title = {Wage Determinants: A Survey and Reinterpretation of - Human Capital Earnings Functions}, - booktitle = {Handbook of Labor Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1986, - editor = {{Orley Ashenfelter} and {Richard Layard}}, - address = {New York} -} - -@INCOLLECTION{woodfordImperfect, -title = {Imperfect Common Knowledge and the Effects of Monetary Policy}, -author = {Woodford, Michael}, -abstract = {This paper reconsiders the Phelps-Lucas hypothesis, according to which temporary real effects of purely nominal disturbances result from imperfect information, but departs from the assumptions of Lucas (1973) in two crucial respects. Due to monopolistically competitive pricing, higher-order expectations are crucial for aggregate inflation dynamics, as argued by Phelps (1983). And decisionmakers' subjective perceptions of current conditions are assumed to be of imperfect precision, owing to finite information processing capacity, as argued by Sims (2001). The model can explain highly persistent real effects of a monetary disturbance, and a delayed effect on inflation, as found in VAR studies.}, - url = {http://EconPapers.repec.org/RePEc:nbr:nberwo:8673}, - booktitle = {Knowledge, Information and Expectations in Modern Macroeconomics}, - publisher = {Princeton University Press}, - address = {Princeton}, - year = 2002, - editor = {Aghion, P. and R. Frydman and J. Stiglitz and M. Woodford}, -} - -@ARTICLE{woodford:imperfectNBERWP, - author = {Woodford, Michael}, - title = {Imperfect Common Knowledge and the Effects of - Monetary Policy}, - journal = {NBER Working Paper Number 8673}, - url = {http://EconPapers.repec.org/RePEc:nbr:nberwo:8673}, - year = 2001 -} - -@comment{wor60Old} -@comment{working:timeaggOld} -@ARTICLE{workingTimeAgg, - author = {Holbrook Working}, - title = {Note on the Correlation of First Differences of - Averages in a Random Chain}, - journal = {Econometrica}, - year = 1960, - volume = 28, - pages = {916--918}, - number = 4 -} - -@ARTICLE{wrightInterestElasticity, - author = {Wright, Colin}, - title = {Some Evidence on the Interest Elasticity of - Consumption}, - journal = {The American Economic Review}, - year = 1967, - volume = 57, - pages = {pp.850--855}, - number = 4, - copyright = {Copyright © 1967 American Economic Association}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={Sep., 1967}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/1815373} -} - -@ARTICLE{young:obstacle, - author = {Young, Eric}, - title = {An Obstacle Course for the Krusell-Smith Algorithm}, - journal = {Manuscript, Florida State University}, - year = 2002 -} - -@ARTICLE{young, - author = {Young, Eric R.}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty Using the Krusell-Smith Algorithm and - Non-Stochastic Simulations}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {36--41}, - number = 1, - month = {January} -} - -@BOOK{young:learning, - title = {Learning and Evolution in Games}, - publisher = {Princeton University Press}, - year = 1997, - author = {Young, H. Peyton} -} - -@PHDTHESIS{yuen:opttax, - author = {Yuen, C.}, - title = {Taxation, Human Capital Accumulation and Economic - Growth}, - school = {University of Chicago}, - year = 1991 -} - -@ARTICLE{zandiFiscal, - author = {Zandi, Mark}, - title = {Perspectives on the Economy}, - journal = {Testimony before the House Budget Committee, July 1}, - year = 2010 -} - -@ARTICLE{zeldes_jpe89, - author = {Stephen P. Zeldes}, - title = {Consumption and Liquidity Constraints: An Empirical - Investigation}, - journal = {The Journal of Political Economy}, - year = 1989, - volume = 97, - pages = {275--298}, - number = 2, - note = - {\url{http://userwww.service.emory.edu/~skrause/E511/Zeldes-1989.pdf}}, - url = - {http://userwww.service.emory.edu/~skrause/E511/Zeldes-1989.pdf} -} - -@Article{zeldes:jpe, - Title = {Consumption and Liquidity Constraints: An Empirical - Investigation}, - Author = {Zeldes, Stephen P.}, - Journal = {Journal of Political Economy}, - Year = 1989, - Note = {Available at - {\url{http://www.jstor.org/stable/1831315}}}, - Pages = {305--46}, - Volume = 97, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1831315} -} - -@PHDTHESIS{zeldes:thesis, - author = {Zeldes, Stephen P.}, - title = {Optimal Consumption with Stochastic Income}, - school = {Massachusetts Institute of Technology}, - year = 1984 -} - -@PHDTHESIS{zhang:thesis, - author = {Zhang, Lawrence Huiyan}, - title = {Essays on Business Cycles}, - school = {Johns Hopkins University}, - year = 2003 -} - -@PHDTHESIS{Zhou:2010, - author = {Zhou, Xia}, - title = {Essays On U.S. State-Level Financial Wealth Data and - Consumption Data}, - school = {Johns Hopkins University}, - year = 2010, - address = - {\href{http://jhir.library.jhu.edu/handle/1774.2/34267}{http://jhir.library.jhu.edu/handle/1774.2/34267}} -} - -@PHDTHESIS{Zhou:2006, - author = {Zhou, Xia}, - title = {Measuring Wealth Effects Using US State Data}, - school = {Johns Hopkins University}, - year = 2006, - address = - {\href{http://econ.jhu.edu/people/ZhouX/JobMarketPaperZhouX.pdf}{http://econ.jhu.edu/people/ZhouX/JobMarketPaperZhouX.pdf}} -} - -@ARTICLE{zcWandCdynByState, - author = {Zhou, Xia and Carroll, Christopher D.}, - title = {Dynamics of Wealth and Consumption: New and Improved - Measures of U.S.\ States}, - journal = {Berkeley Electronic Journals of Macroeconomics, - Advances}, - year = 2011, - volume = {Forthcoming, 2011}, - authors = {Zhou, Xia and Christopher D. Carroll} -} - -@TECHREPORT{Zhu:2007, - author = {Zhu, Xiaodi}, - title = {Growing Wealth, Inequality, and Housing in the - United States}, - institution = {Joint Center for Housing Studies, Harvard - University}, - year = 2007, - type = {Working Paper}, - number = {W07-1}, - month = {February} -} - -@PHDTHESIS{zhu:opttax, - author = {Zhu, X.}, - title = {Optimal Fiscal Policy in a Stochastic Growth Model}, - school = {University of Chicago}, - year = 1991 -} - -@ARTICLE{zou:spirit, - author = {Zou, Heng-Fu}, - title = {The 'Spirit of Capitalism' and Long-Run Growth}, - journal = {European Journal of Political Economy}, - year = 1994, - volume = 10, - pages = {279--93}, - number = 2 -} - -@BOOK{auerbach&feldstein:handbook, - title = {Handbook of Public Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1985, - editor = {{Auerbach, Alan J.} and {Martin S. Feldstein}}, - address = {New York} -} - -@INCOLLECTION{cdSsNBERReporter, - booktitle = {NBER Macroeconomics Annual, 1997}, - publisher = {MIT Press}, - year = 1997, - editor = {Bernanke, Benjamin S. and Rotemberg, Julio J.}, - pages = {165--229}, - address = {Cambridge, MA} -} - -@INCOLLECTION{carroll:epidemicinflSFINBERReporter, - title = {The {E}pidemiology of {M}acroeconomic - {E}xpectations}, - booktitle = {The Economy as an Evolving Complex System, III}, - publisher = {Oxford University Press}, - year = 2006, - editor = {Blume, Larry and Durlauf, Steven} -} - -@BOOK{Gam90, - title = {Analysis {I}{I}: {Convex} {Analysis} and - {Approximation} {Theory}}, - publisher = {Springer-Verlag}, - year = 1990, - editor = {R. V. Gamkerlidze}, - volume = 14, - series = {Encyclopaedia of Mathematical Sciences}, - address = {New York} -} - -@BOOK{ghj:portfolios, - title = {Household Portfolios}, - publisher = {MIT Press}, - year = 2002, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, - Tullio}, - address = {Cambridge, MA} -} - -@BOOK{hlmk04, - title = {Applied Time Series Econometrics}, - publisher = {Cambridge University Press}, - year = 2004, - editor = {L{\"}utkepohl, Helmut and Kr{\"}atzig, Markus}, - address = {Cambridge} -} - -@BOOK{pechman:whopaid, - title = {Who Paid the Taxes, 1966-85?}, - publisher = {The Brookings Institution}, - year = 1985, - editor = {Pechman, Joseph A.}, - address = {Washington} -} - -@BOOK{poterba:international, - title = {International Comparisons of Household Saving}, - publisher = {National Bureau of Economic Research}, - year = 1994, - editor = {Poterba, James M.}, - address = {Chicago and London: University of Chicago Press} -} - -@BOOK{carroll:reviewworldbank, - title = {The Economics of Saving and Growth: Theory, - Evidence, and Implications for Policy}, - publisher = {Cambridge University Press for the World Bank}, - year = 2000, - editor = {Schmidt-Hebbel, Klaus and Serv{\'e}n, Luis}, - note = {Book Review, {\it Journal of Economic Literature}} -} - -@INCOLLECTION{carroll:richsaveNBERReporter, - booktitle = {{D}oes {A}tlas {S}hrug? {T}he {E}conomic - {C}onsequences of {T}axing the {R}ich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.} -} - -@BOOK{slemrod:atlasshrug, - title = {Historical Perspectives on U.S. Tax Policy Toward - the Rich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.}, - booktitle = {Does Atlas Shrug? The Economic Consequences of - Taxing the Rich} -} - -@HEADER{bibpub, - note = {\centerline{\Large Published}} -} - -@HEADER{bibspace, - note = {\medskip\medskip\medskip} -} - -@HEADER{bibunpub, - note = {\centerline{\Large Unpublished}} -} - -@ARTICLE{francisCapitalist, - title = {Wealth and the Capitalist Spirit}, - journal = {Journal of Macroeconomics}, - volume = 31, - pages = {394--408}, - number = 3, - file = {francisCapitalist.pdf:francisCapitalist.pdf:PDF} -} - -MISCNOYEAR{publishedAndForthcoming, - note = {{\bf \Large Published or Forthcoming}}, -} - -MISCNOYEAR{unpublished, - note = {{\bf \Large Unpublished }} -} - -@MISC{noBookChapters20090701to20110630, - title = {No new book chapters}, - year = {2009-07-01 to 2011-06-30}, - author = {Carroll, Christopher D.} -} - -@TECHREPORT{wolframNumIntegration, - title = {Advanced Numerical Integration in {\it Mathematica}}, - year = 2011, - month = {October}, - note = - {\url{http://www.wolfram.com/learningcenter/tutorialcollection/AdvancedNumericalIntegrationInMathematica/AdvancedNumericalIntegrationInMathematica.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/wolframNumIntegration.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/wolframNumIntegration.pdf:PDF}, - journal = {Wolfram {\it Mathematica} Tutorial Collection}, - url = - {http://www.wolfram.com/learningcenter/tutorialcollection/AdvancedNumericalIntegrationInMathematica/AdvancedNumericalIntegrationInMathematica.pdf} -} - -@ARTICLE{varianRepublicansAndReturns, - title = {Which Party in the White House Means Good Times for - Investors?}, - journal = {New York Times}, - year = 2003, - volume = {November 20}, - bdsk-url-1 = - {http://people.ischool.berkeley.edu/~hal/people/hal/NYTimes/2003-11-20.html}, - url = - {http://people.ischool.berkeley.edu/~hal/people/hal/NYTimes/2003-11-20.html} -} - -@ARTICLE{bea02, - title = {Updated Summary NIPA Methodologies}, - journal = {Survey of Current Business}, - year = 2002, - key = {Bureau of Economic Analysis} -} - -@INCOLLECTION{carroll:richportfoliosNBERReporter, - booktitle = {Household Portfolios: Theory and Evidence}, - publisher = {MIT Press}, - year = 2002, - address = {Cambridge, MA} -} - -@ARTICLE{carroll:RiskyHabitsNBERReporter, - journal = {International Economic Journal}, - year = 2000, - volume = 14, - pages = {1--41}, - number = 4 -} - -@ARTICLE{crr:censusNBERReporter, - journal = {Economic Development and Cultural Change}, - year = 1999, - volume = 48, - pages = {33--50}, - number = 1, - month = {October} -} - -@ARTICLE{sc99, - title = {Data File Documentation}, - journal = {Survey Research Center}, - year = 1999, - address = {Ann Arbor, MI}, - key = {Survey of Consumers}, - url = {http://www.sca.isr.umich.edu/} -} - -@ARTICLE{carroll&samwick:howbigNBERReporter, - journal = {Review of Economics and Statistics}, - year = 1998, - volume = 80, - pages = {410--419}, - number = 3, - month = {August} -} - -@ARTICLE{carroll:bslcpihNBERReporter, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = {CXII}, - pages = {1--56}, - number = 1, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/BSLCPIH.zip}, - url = {http://econ.jhu.edu/people/ccarroll/BSLCPIH.zip} -} - -@ARTICLE{carroll&weil:crcsNBERReporter, - journal = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - volume = 40, - pages = {133--192}, - month = {June} -} - -@Article{abiadEtAl_FinReforms, - author = {Abdul Abiad and Enrica Detragiache and Thierry Tressel}, - title = {A New Database of Financial Reforms}, - journal = {IMF Staff Papers}, - year = {2010}, - volume = {57}, - number = {2}, - pages = {281--302}, - month = {June}, -} - -@Article{cos11, - author = {Christopher D. Carroll and Misuzu Otsuka and Jiri Slacalek}, - title = {How Large Are Financial and Housing Wealth Effects? A New Approach}, - journal = {Journal of Money, Credit, and Banking}, - year = {2011}, - volume = {43}, - number = {1}, - pages = {55--79}, - month = {February}, - note = {\url{http://econ.jhu.edu/people/ccarroll/papers/cosWealthEffects/}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/papers/cosWealthEffects.pdf}, - bdsk-url-2 = {http://dx.doi.org/10.1111/j.1538-4616.2010.00365.x}, - doi = {10.1111/j.1538-4616.2010.00365.x}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cosHousingWealth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cosHousingWealth.pdf:PDF}, - url = {http://econ.jhu.edu/people/ccarroll/papers/cosWealthEffects.pdf}, -} - -@Article{ctDiscrete, - author = {Carroll, Christopher D. and Toche, Patrick}, - title = {A Tractable Model of Buffer Stock Saving}, - journal = {NBER Working Paper Number 15265}, - year = {2009}, - month = {August}, - note = {\url{http://econ.jhu.edu/people/ccarroll/papers/ctDiscrete}}, - status = {Revise and Resubmit, {\it The Economic Journal}}, - url = {http://econ.jhu.edu/people/ccarroll/papers/ctDiscrete}, -} - -@Article{cjSOE, - author = {Carroll, Christopher D. and Jeanne, Olivier}, - title = {A Tractable Model of Precautionary Reserves, Net Foreign Assets, or Sovereign Wealth Funds}, - journal = {NBER Working Paper Number 15228}, - year = {2009}, - month = {August}, - note = {\url{http://econ.jhu.edu/people/ccarroll/papers/cjSOE}}, - status = {Not submitted}, - url = {http://econ.jhu.edu/people/ccarroll/papers/cjSOE.pdf}, -} - -@Article{carroll:atheoryjep, - author = {Carroll, Christopher D.}, - title = {A Theory of the Consumption Function, With and Without Liquidity Constraints}, - journal = {Journal of Economic Perspectives}, - year = {2001}, - volume = {15}, - number = {3}, - pages = {23-46}, - month = {Summer}, - note = {\url{http://econ.jhu.edu/people/ccarroll/ATheoryv3JEP.pdf}}, - url = {\url{http://econ.jhu.edu/people/ccarroll/ATheoryv3JEP.pdf}}, -} - -@Article{modyEtAl_precSaving, - author = {Ashoka Mody and Franziska Ohnsorge and Damiano Sandri}, - title = {Precautionary Savings in the Great Recession}, - journal = {IMF Economic Review}, - year = {2012}, - volume = {60}, - number = {1}, - pages = {114--138}, - month = {April}, -} - -@Article{admmmCredit, - author = {Aron, Janine and John V. Duca and John Muellbauer and Keiko Murata and Anthony Murphy}, - title = {Credit, Housing Collateral, and Consumption: Evidence from Japan, the U.K., and the U.S.}, - journal = {Review of Income and Wealth}, - year = {2011}, - doi = {10.1111/j.1475-4991.2001.00466.x}, -} - -@Article{hallQuantifying, - author = {Hall, Robert E.}, - title = {Quantifying the Forces Leading to the Collapse of GDP after the Financial Crisis}, - journal = {Manuscript, Stanford University}, - year = {2012}, - month = {March}, -} - -@Article{dszRichSave, - author = {Dynan, Karen E. and Skinner, Jonathan and Zeldes, Stephen P.}, - title = {Do the Rich Save More?}, - journal = {Journal of Political Economy}, - year = {2004}, - volume = {112}, - number = {2}, - pages = {397--444}, - publisher = {JSTOR}, -} - -@Article{baker_policyUncertainty, - author = {Scott R. Baker and Nicholas Bloom and Steven J. Davis}, - title = {Measuring Economic Policy Uncertainty}, - journal = {The Quarterly Journal of Economics}, - year = {2016}, - volume = {131}, - number = {4}, - pages = {1593--1636}, - publisher = {Oxford University Press}, -} - -@Article{CBOSaving, - author = {{Congressional~Budget~Office}}, - title = {Assessing the Decline in National Saving Rate}, - journal = {Congressional Budget Office Reports}, - year = {1993}, - month = {April}, -} - -@Book{friedmanATheory, - title = {A Theory of the Consumption Function}, - publisher = {Princeton University Press}, - year = {1957}, - author = {Friedman, Milton A.}, -} - -@Article{carrollBSLCPIH, - author = {Carroll, Christopher D.}, - title = {Buffer Stock Saving and the Life Cycle/Permanent Income Hypothesis}, - journal = {Quarterly Journal of Economics}, - year = {1997}, - volume = {CXII}, - number = {1}, - pages = {1--56}, - note = {\url{http://econ.jhu.edu/people/ccarroll/BSLCPIH.zip}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/BSLCPIH.zip}, - file = {bib/bslcpih.pdf:bib/bslcpih.pdf:PDF}, - score = {40}, - url = {http://econ.jhu.edu/people/ccarroll/BSLCPIH.zip}, -} - -@Article{gpLifeCycle, - author = {Gourinchas, Pierre-Olivier and Parker, Jonathan}, - title = {Consumption Over the Life Cycle}, - journal = {Econometrica}, - year = {2002}, - volume = {70}, - number = {1}, - pages = {47--89}, -} - -@Article{bewleyPIH, - author = {Bewley, Truman}, - title = {The Permanent Income Hypothesis: A Theoretical Formulation}, - journal = {Journal of Economic Theory}, - year = {1977}, - volume = {16}, - pages = {252--292}, -} - -@Article{seIncFluct, - author = {Schechtman, Jack and Escudero, Vera}, - title = {Some results on `An Income Fluctuation Problem'}, - journal = {Journal of Economic Theory}, - year = {1977}, - volume = {16}, - pages = {151--166}, -} - -@Article{macurdyTimeseries, - author = {MaCurdy, Thomas}, - title = {The Use of Time Series Processes to Model the Error Structure of Earnings in a Longitudinal Data Analysis}, - journal = {Journal of Econometrics}, - year = {1982}, - volume = {18}, - number = {1}, - pages = {83--114}, -} - -@Article{acCovariance, - author = {Abowd, John M. and Card, David}, - title = {On the Covariance Structure of Earnings and Hours Changes}, - journal = {Econometrica}, - year = {1989}, - volume = {57}, - pages = {411--445}, -} - -@Article{carroll&samwick:nature, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The {N}ature of {P}recautionary {W}ealth}, - journal = {Journal of Monetary Economics}, - year = {1997}, - volume = {40}, - number = {1}, - pages = {41--71}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/papers/nature.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/papers/nature.pdf}, -} - -@Article{csNature, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The {N}ature of {P}recautionary {W}ealth}, - journal = {Journal of Monetary Economics}, - year = {1997}, - volume = {40}, - number = {1}, - pages = {41--71}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/papers/nature.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/papers/nature.pdf}, -} - -@Article{jpCins, - author = {Jappelli, Tullio and Pistaferri, Luigi}, - title = {Intertemporal Choice and Consumption Mobility}, - journal = {Econometric Society World Congress 2000 Contributed Paper Number 0118}, - year = {2000}, - month = {August}, - bdsk-url-1 = {http://fmwww.bc.edu/RePEc/es2000/0118.pdf}, - url = {http://fmwww.bc.edu/RePEc/es2000/0118.pdf}, -} - -@Article{styConsumption, - author = {Storesletten, Kjetil and Telmer, Chris I. and Yaron, Amir}, - title = {Consumption and Risk Sharing Over the Life Cycle}, - journal = {Journal of Monetary Economics}, - year = {2004}, - volume = {51}, - number = {3}, - pages = {609--633}, - month = {Apr}, - bdsk-url-1 = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW-2/1/4934de112177c84dc55a3f37dbde0e16}, - biburl = {http://www.bibsonomy.org/bibtex/ 2eec5eb26c6514db248ef7956537b8aaa/smicha}, - keywords = {Risk sharing}, - url = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW- - 2/1/4934de112177c84dc55a3f37dbde0e16}, -} - -@Article{sty:consumption, - author = {Storesletten, Kjetil and Telmer, Chris I. and Yaron, Amir}, - title = {Consumption and Risk Sharing Over the Life Cycle}, - journal = {Journal of Monetary Economics}, - year = {2004}, - volume = {51}, - number = {3}, - pages = {609--633}, - month = {Apr}, - bdsk-url-1 = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW-2/1/4934de112177c84dc55a3f37dbde0e16}, - biburl = {http://www.bibsonomy.org/bibtex/ 2eec5eb26c6514db248ef7956537b8aaa/smicha}, - keywords = {Risk sharing}, - url = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW- - 2/1/4934de112177c84dc55a3f37dbde0e16}, -} - -@Article{blpRisk, - author = {Blundell, Richard and Low, Hamish and Preston, Ian}, - title = {Decomposing Changes in Income Risk Using Consumption Data}, - journal = {Manusscript, University College London}, - year = {2008}, - month = {July}, -} - -@Article{claridaErgodic, - author = {Clarida, Richard H.}, - title = {Consumption, Liquidity Constraints, and Asset Accumulation in the Face of Random Fluctuations in Income}, - journal = {International Economic Review}, - year = {1987}, - volume = {XXVIII}, - pages = {339--351}, -} - -@Article{tocheUrisk, - author = {Toche, Patrick}, - title = {A Tractable Model of Precautionary Saving in Continuous Time}, - journal = {Economics Letters}, - year = {2005}, - volume = {87}, - number = {2}, - pages = {267--272}, - note = {\url{http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267-272.html}}, - bdsk-url-1 = {http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267-272.html}, - url = {http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267- - 272.html}, -} - -@Article{toche:urisk, - author = {Toche, Patrick}, - title = {A Tractable Model of Precautionary Saving in Continuous Time}, - journal = {Economics Letters}, - year = {2005}, - volume = {87}, - number = {2}, - pages = {267--272}, - note = {\url{http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267-272.html}}, - bdsk-url-1 = {http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267-272.html}, - url = {http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267- - 272.html}, -} - -@Article{ramseySave, - author = {Ramsey, Frank}, - title = {A Mathematical Theory of Saving}, - journal = {Economic Journal}, - year = {1928}, - volume = {38}, - number = {152}, - pages = {543--559}, -} - -@Article{ckConcavity, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {On the {C}oncavity of the {C}onsumption {F}unction}, - journal = {Econometrica}, - year = {1996}, - volume = {64}, - number = {4}, - pages = {981--992}, - note = {\url{http://econ.jhu.edu/people/ccarroll/concavity.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/concavity.pdf}, - score = {10}, - url = {http://econ.jhu.edu/people/ccarroll/concavity.pdf}, -} - -@Article{jboydWeighted, - author = {Boyd, John H.}, - title = {Recursive Utility and the Ramsey Problem}, - journal = {Journal of Economic Theory}, - year = {1990}, - volume = {50}, - number = {2}, - pages = {326--345}, - month = {April}, -} - -@article{BSinKS, - title={Buffer-stock saving in a Krusell--Smith world}, - author={Carroll, Christopher D and Slacalek, Jiri and Tokuoka, Kiichi}, - journal={Economics Letters}, - volume={132}, - pages={97--100}, - year={2015}, - publisher={Elsevier}, - note = {At \href{http://econ.jhu.edu/people/ccarroll/papers/BSinKS.pdf}{http://econ.jhu.edu/people/ccarroll/papers/BSinKS.pdf}}, - url = {http://econ.jhu.edu/people/ccarroll/papers/BSinKS.pdf}, -} - -@Article{BSinKmanuscriptS, - author = {Carroll, Christopher D. and Slacalek, Jiri and Tokuoka, Kiichi}, - title = {Digestible Microfoundations: Buffer Stock Saving in a Krusell-Smith World}, - journal = {Manuscript, Johns Hopkins University}, - year = {2011}, - note = {At \href{http://econ.jhu.edu/people/ccarroll/papers/BSinKS.pdf}{http://econ.jhu.edu/people/ccarroll/papers/BSinKS.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/papers/BSinKS.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/papers/BSinKS.pdf}, -} - -@Article{hiraguchiBSProofs, - author = {Hiraguchi, Ryoji}, - title = {On the Convergence of Consumption Rules}, - journal = {Manuscript, Johns Hopkins University}, - year = {2003}, -} - -@Article{havranek:metaHabits, - author = {Havranek, Tomas and Rusnak, Marek and Sokolova, Anna}, - title = {Habit Formation in Consumption: A Meta-Analysis}, - journal = {European Economic Review}, - year = {2017}, - volume = {95}, - number = {C}, - pages = {142--167}, - doi = {10.1016/j.euroecorev.2017}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrsHabit.pdf}, - keywords = {Habit formation; Consumption; Meta-analysis; Bayesian model averaging; Frequentist model averaging}, - publisher = {Elsevier}, - url = {https://doi.org/10.1016/j.euroecorev.2017.03.009}, -} - -@Article{krusellSmith_heterogeneity_JPE98, - author = {Per Krusell and Anthony A. Smith}, - title = {Income and Wealth Heterogeneity in the Macroeconomy}, - journal = {Journal of Political Economy}, - year = {1998}, - volume = {106}, - number = {5}, - pages = {867--896}, - owner = {Jirka}, - timestamp = {2009.01.28}, -} - -@Article{ksHetero, - author = {Per Krusell and Anthony A. Smith}, - title = {Income and Wealth Heterogeneity in the Macroeconomy}, - journal = {Journal of Political Economy}, - year = {1998}, - volume = {106}, - number = {5}, - pages = {867--896}, - owner = {Jirka}, - timestamp = {2009.01.28}, -} - -@Article{JIE2001, - author = {Kalemli-Ozcan, Sebnem and Sorensen, Bent E. and Yosha, Oved}, - title = {{Economic integration, industrial specialization, and the asymmetry of macroeconomic fluctuations}}, - journal = {Journal of International Economics}, - year = {2001}, - volume = {55}, - number = {1}, - pages = {107-137}, - month = {October}, - abstract = {No abstract is available for this item.}, - url = {https://ideas.repec.org/a/eee/inecon/v55y2001i1p107-137.html}, -} - -@Article{REStat2008, - author = {María José Luengo-Prado and Bent E. S{\o}rensen}, - title = {{What Can Explain Excess Smoothness and Sensitivity of State-Level Consumption?}}, - journal = {The Review of Economics and Statistics}, - year = {2008}, - volume = {90}, - number = {1}, - pages = {65-80}, - month = {February}, - abstract = { This article estimates marginal propensities to consume (MPC) out of current and lagged income for U.S. states using panel data regressions that control for time-specific and state-level fixed effects. The MPCs vary across states; in particular, the MPC out of current income is higher in states where income is more persistent, and the MPC out of lagged income is lower in agricultural states. We show that the estimated MPCs can be matched by a model of forward-looking consumers that includes all of the following features: time aggregation, durable goods, impatience, credit constraints, and risk sharing. Copyright by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.}, - url = {https://ideas.repec.org/a/tpr/restat/v90y2008i1p65-80.html}, -} - -@Book{king2016alchemy, - title = {The end of alchemy : money, banking and the future of the global economy}, - publisher = {Little, Brown}, - year = {2016}, - author = {King, Mervyn A.}, - address = {London}, - isbn = {1408706105 9781408706107 9781408706114 1408706113}, - abstract = {The past twenty years saw unprecedented growth and stability followed by the worst financial crisis the industrialised world has ever witnessed. In the space of little more than a year what had been seen as the age of wisdom was viewed as the age of foolishness. Almost overnight, belief turned into incredulity. Most accounts of the recent crisis focus on the symptoms and not the underlying causes of what went wrong. But those events, vivid though they remain in our memories, comprised only the latest in a long series of financial crises since our present system of commerce became the cornerstone of modern capitalism. Alchemy explains why, ultimately, this was and remains a crisis not of banking – even if we need to reform the banking system – nor of policy-making – even if mistakes were made – but of ideas. In this refreshing and vitally important book, former governor of the Bank of England Mervyn King – an actor in this drama – proposes revolutionary new concepts to answer the central question: are money and banking a form of Alchemy or are they the Achilles heel of a modern capitalist economy? }, - added-at = {2016-04-16T15:51:52.000+0200}, - biburl = {https://www.bibsonomy.org/bibtex/25a003dea76d39a3f914183cffcf2b0b1/meneteqel}, - interhash = {8336b0a0bbd5b3719c6d70d75695e224}, - intrahash = {5a003dea76d39a3f914183cffcf2b0b1}, - keywords = {banking capitalism financial_crisis financial_market international_finance money}, - refid = {920656482}, - timestamp = {2017-01-08T22:08:08.000+0100}, - url = {http://books.wwnorton.com/books/The-End-of-Alchemy/}, -} - -@TechReport{gordonFutureGrowth, - author = {Robert J. Gordon}, - title = {Is U.S. Economic Growth Over? Faltering Innovation Confronts the Six Headwinds}, - institution = {National Bureau of Economic Research}, - year = {2012}, - type = {Working Paper}, - number = {18315}, - month = {August}, - abstract = {This paper raises basic questions about the process of economic growth. It questions the assumption, nearly universal since Solow's seminal contributions of the 1950s, that economic growth is a continuous process that will persist forever. There was virtually no growth before 1750, and thus there is no guarantee that growth will continue indefinitely. Rather, the paper suggests that the rapid progress made over the past 250 years could well turn out to be a unique episode in human history. The paper is only about the United States and views the future from 2007 while pretending that the financial crisis did not happen. Its point of departure is growth in per-capita real GDP in the frontier country since 1300, the U.K. until 1906 and the U.S. afterwards. Growth in this frontier gradually accelerated after 1750, reached a peak in the middle of the 20th century, and has been slowing down since. The paper is about "how much further could the frontier growth rate decline?" - -The analysis links periods of slow and rapid growth to the timing of the three industrial revolutions (IR's), that is, IR #1 (steam, railroads) from 1750 to 1830; IR #2 (electricity, internal combustion engine, running water, indoor toilets, communications, entertainment, chemicals, petroleum) from 1870 to 1900; and IR #3 (computers, the web, mobile phones) from 1960 to present. It provides evidence that IR #2 was more important than the others and was largely responsible for 80 years of relatively rapid productivity growth between 1890 and 1972. Once the spin-off inventions from IR #2 (airplanes, air conditioning, interstate highways) had run their course, productivity growth during 1972-96 was much slower than before. In contrast, IR #3 created only a short-lived growth revival between 1996 and 2004. Many of the original and spin-off inventions of IR #2 could happen only once - urbanization, transportation speed, the freedom of females from the drudgery of carrying tons of water per year, and the role of central heating and air conditioning in achieving a year-round constant temperature. - -Even if innovation were to continue into the future at the rate of the two decades before 2007, the U.S. faces six headwinds that are in the process of dragging long-term growth to half or less of the 1.9 percent annual rate experienced between 1860 and 2007. These include demography, education, inequality, globalization, energy/environment, and the overhang of consumer and government debt. A provocative "exercise in subtraction" suggests that future growth in consumption per capita for the bottom 99 percent of the income distribution could fall below 0.5 percent per year for an extended period of decades.}, - doi = {10.3386/w18315}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18315}, -} - -@TechReport{cstKS_ecbWP, - author = {Carroll, Christopher D. and Slacalek, Jiri and Tokuoka, Kiichi}, - title = {Buffer-Stock Saving in a Krusell--Smith World}, - institution = {European Central Bank}, - year = {2014}, - type = {working paper}, - number = {1633}, - owner = {akmaral}, - timestamp = {2014.02.02}, -} - -@Article{lmp:wagerisk, - author = {Low, Hamish and Meghir, Costas and Pistaferri, Luigi}, - title = {Wage Risk and Employment Over the Life Cycle}, - journal = {American Economic Review}, - year = {2010}, - volume = {100}, - number = {4}, - pages = {1432--1467}, -} - -@Article{kvH2M, - author = {Kaplan, Greg and Violante, Giovanni L}, - title = {A model of the consumption response to fiscal stimulus payments}, - journal = {Econometrica}, - year = {2014}, - volume = {82}, - number = {4}, - pages = {1199--1239}, - publisher = {Wiley Online Library}, -} - -@TechReport{hausmanVeteransBonus, - author = {Hausman, Joshua K.}, - title = {Fiscal Policy and Economic Recovery: The Case of the 1936 Veterans' Bonus}, - institution = {University of California, Berkeley}, - year = {2012}, - type = {mimeo}, -} - -@Article{jpCResponse, - author = {Tullio Jappelli and Luigi Pistaferri}, - title = {The Consumption Response to Income Changes}, - journal = {The Annual Review of Economics}, - year = {2010}, - volume = {2}, - number = {1}, - pages = {479--506}, - publisher = {Annual Reviews}, -} - -@Article{carroll:babyboomcomment, - author = {Engen, Eric and William Gale and Cori Uccello}, - title = {The Adequacy of Retirement Saving}, - journal = {Brookings Papers on Economic Activity}, - year = {1999}, - volume = {1999}, - number = {2}, - note = {Published Discussion}, -} - -@TechReport{otsuka:jobmarket, - author = {Otsuka, Misuzu}, - title = {Household Portfolio Choice with Illiquid Assets}, - institution = {Johns Hopkins University}, - year = {2003}, - type = {manuscript}, -} - -@Article{bpp2008, - author = {Richard Blundell and Luigi Pistaferri and Ian Preston}, - title = {Consumption inequality and partial insurance}, - journal = AER, - year = {2008}, - volume = {98}, - number = {5}, - pages = {1887-1921}, - month = {December}, -} - -@Article{mianRaoSufi_slump, - author = {Atif Mian and Kamalesh Rao and Amir Sufi}, - title = {Household Balance Sheets, Consumption, and the Economic Slump}, - journal = {Quarterly Journal of Economics}, - year = {2013}, - volume = {128}, - number = {4}, - pages = {1687--1726}, -} - -@Book{jlsMeasuring, - title = {Measuring Economic Sustainability And Progress}, - publisher = {NBER}, - year = {2014 (forthcoming)}, - author = {Jorgenson, Dale W and Landefeld, J Steven and Schreyer, Paul}, - booktitle = {Measuring Economic Sustainability and Progress}, -} - -@Article{deatonReconsideration, - author = {Deaton, Angus}, - title = {{A} {R}econsideration of the {E}mpirical {I}mplications of {A}dditive {P}references}, - journal = {The Economic Journal}, - year = {1974}, - volume = {84}, - number = {334}, - pages = {pp. 338-348}, - issn = {00130133}, - copyright = {Copyright © 1974 Royal Economic Society}, - file = {deatonReconsideration.pdf:deatonReconsideration.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 1974}, - language = {English}, - publisher = {Wiley on behalf of the Royal Economic Society}, - url = {http://www.jstor.org/stable/2231258}, -} - -@Article{dmAIDS, - author = {Deaton, Angus and Muellbauer, John}, - title = {{A}n {A}lmost {I}deal {D}emand {S}ystem}, - journal = {The American Economic Review}, - year = {1980}, - volume = {70}, - number = {3}, - pages = {pp. 312-326}, - issn = {00028282}, - note = {\url{http://www.jstor.org/stable/1805222}}, - comment = {Cite Stone (1954) as originating? Virtues: gives an - arbitrary first-order approximation to any demand - system; it satisfies the axioms of choice exactly; - it aggregates perfectly over consumers without - invoking parallel linear Engel curves; it has a - functional form which is consistent with known - household-budget data; it is simple to estimate, - largely avoiding the need for non-linear estimation; - and it can be used to test the restrictions of - homogeneity and symmetry through linear restrictions - on fixed parameters;``by proposing a demand system - which is superior to its predecessors, we hope to be - able to reveal more clearly the problems and - potential solutions associated with the usual - approach.'' the now standard rejection of homogeneity - in demand analysis may be due to insufficient - attention to the dynamic aspects of consumer - behavior. ``In this paper we have introduced a new - system of demand equations, the AIDS, in which the - budget shares of the various commodities are - linearly related to the logarithm of real total - expenditure and the logarithms of relative prices.''}, - copyright = {Copyright © 1980 American Economic Association}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dmAIDS.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dmAIDS.pdf:PDF;dmAIDS.pdf:dmAIDS.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 1980}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/1805222}, -} - -@Article{diZeroExpenditures, - author = {Deaton, Angus and Irish, Margaret}, - title = {{S}tatistical models for zero expenditures in household budgets}, - journal = {Journal of Public Economics}, - year = {1984}, - volume = {23}, - number = {1-2}, - pages = {59--80}, - file = {diZeroExpenditures.pdf:diZeroExpenditures.pdf:PDF}, - publisher = {Elsevier}, - url = {http://dx.doi.org/10.1016/0047-2727(84)90067-7}, -} - -@Article{bdiProfitable, - author = {Browning, Martin and Deaton, Angus and Irish, Margaret}, - title = {{A} {P}rofitable {A}pproach to {L}abor {S}upply and {C}ommodity {D}emands over the {L}ife-{C}ycle}, - journal = {Econometrica}, - year = {1985}, - volume = {53}, - number = {3}, - pages = {pp. 503-544}, - issn = {00129682}, - abstract = {The paper presents a general theoretical framework - for the analysis of integrated life-cycle models of - consumption and family labor supply under - uncertainty. Profit functions are used to represent - intertemporally additive preferences and to yield - convenient characterizations of ``constant marginal - utility of wealth'' or ``Frisch'' demand functions. - Conditions on preferences derived that allow - additive fixed-effect specifications for the Frisch - demands. Data from the British Family Expenditure - Surveys from 1970-77 are used to derive panel-like - information on male labor supply and consumption for - several age cohorts over time. These data reproduce - standard life-cycle patterns of hours and wages, but - more detailed analysis shows that the theory is - incapable of offering a satisfactory common - explanation of the behavior of hours and wages over - both the business cycle and the life cycle. - Similarly, although the theory can explain the - life-cycle behavior of hours and consumption - separately, the same model cannot explain both, - essentially because of a failure in symmetry.}, - copyright = {Copyright © 1985 The Econometric Society}, - file = {bdiProfitable.pdf:bdiProfitable.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {May, 1985}, - language = {English}, - publisher = {The Econometric Society}, - url = {http://www.jstor.org/stable/1911653}, -} - -@Article{bdTimeSeriesC, - author = {Blinder, Alan S. and Deaton, Angus S.}, - title = {{T}he {T}ime {S}eries {C}onsumption {F}unction {R}evisited}, - journal = {Brookings Papers on Economic Activity, 1985:2}, - year = {1985}, - pages = {465--521}, - file = {bdTimeSeriesC.pdf:bdTimeSeriesC.pdf:PDF}, - url = {http://www.jstor.org/stable/2534444}, -} - -@Article{deatonPanelFromCross, - author = {Angus Deaton}, - title = {{P}anel {D}ata from {T}ime {S}eries and {C}ross {S}ections}, - journal = {Journal of Econometrics}, - year = {1985}, - volume = {30}, - pages = {109--26}, - doi = {10.1016/0304-4076(85)90134-4}, - file = {deatonPanelFromCross.pdf:deatonPanelFromCross.pdf:PDF}, - url = {http://dx.doi.org/10.1016/0304-4076(85)90134-4}, -} - -@TechReport{deatonLifeCycle, - author = {Deaton, Angus}, - title = {{L}ife-cycle models of consumption: {I}s the evidence consistent with the theory?}, - year = {1987}, - abstract = {The paper considers avariety of evidence that casts - light on the validity of the life-cycle model of - consumer behavior. In the first part of the paper, - simple non-parametric tests are used to examine - representative agent models of consumption and labor - supply. It seems extremely unlikely that post-war - United States evidence can usefully be explained by - such a model, at least if the assumption of - intertemporal separability is maintained. Changes in - aggregate consumption bear little relationship to - after tax real interest rates, and consumption has - tended to grow even during periods of negative real - interest rates. Joint consideration of consumption - and labor supply does nothing to resolve the - problems that arise when consumption is taken by - itself. It is argued that these results cast doubt, - not onlife-cycle theory itself, but on the - representative agent assumption; there is little - reason to suppose that changes inaggregate - consumption should be related to the real - interestrate.The second part of the paper is - concerned with the time-series representation of - disposable income and with it simplications for the - behavior of consumption under the assumptions of the - life-cycle model. If real disposable income is truly - a first-order autoregressive process in first - differences,a process that fits the data well and is - becoming increasing popular in the macro time-series - literature,then the life-cycle model implies that - changes in consumption should be more variable than - innovations in income, a prediction that is - manifestly false. Various possible resolutions of - this problem are reviewed, including habit formation - and alternative representations of disposable - income. The paper concludes with some evidence on - the excess sensitivity question, why it is that - consumption responds to anticipated changes in - income. Monte Carlo evidence supports the suggestion - made by Mankiw and Shapiro that the presence of time - trends can cause severe problems of inference in - models containing variables with unit roots, but the - results makeit seem unlikely that this is the cause - of the widespread excess sensitivity findings.}, - file = {deatonLifeCycle.pdf:deatonLifeCycle.pdf:PDF}, - journal = {Advances in econometrics. 2}, - pages = {121}, - publisher = {Cambridge University Press}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w1910}, - volume = {2}, -} - -@Article{cdSmooth, - author = {Campbell, John and Deaton, Angus}, - title = {{W}hy is {C}onsumption {S}o {S}mooth?}, - journal = {The Review of Economic Studies}, - year = {1989}, - volume = {56}, - number = {3}, - pages = {357--373}, - month = {jul}, - issn = {0034-6527}, - note = {\url{http://www.jstor.org/stable/2297552}}, - abstract = {For thirty years it has been accepted that - consumption is smooth because permanent income is - smoother than measured income. This paper considers - the evidence for the contrary position, that - permanent income is in fact less smooth than - measured income, so that the smoothness of - consumption cannot be straightforwardly explained by - permanent income theory. The paper argues that in - postwar U.S. quarterly data, consumption is smooth - because it responds with a lag to changes in - income.}, - bdsk-url-1 = {http://links.jstor.org/sici?sici=0034-6527%28198907%2956%3A3%3C357%3AWICSS%3E2.0.CO%3B2-V}, - copyright = {Copyright 1989 The Review of Economic Studies Ltd.}, - date-modified = {2011-10-14 19:47:51 -0400}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cdSmooth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cdSmooth.pdf:PDF;cdSmooth.pdf:cdSmooth.pdf:PDF}, - jstor_articletype = {Full Length Article}, - jstor_date = {198907}, - jstor_formatteddate = {Jul., 1989}, - publisher = {The Review of Economic Studies Ltd.}, - url = {http://www.jstor.org/stable/2297552}, -} - -@Article{deatonLDCs, - author = {Deaton, Angus}, - title = {{H}ousehold {S}aving in {LDC}s: {C}redit {M}arkets, {I}nsurance and {W}elfare}, - journal = {The Scandinavian Journal of Economics}, - year = {1992}, - volume = {94}, - number = {2}, - pages = {pp. 253-273}, - issn = {03470520}, - abstract = {Some ways in which farmers in LDCs can protect their - living standards against fluctuations in income are - discussed. After considering the theory of - consumption under uncertainty when there is no or - limited borrowing, the case where some borrowing is - allowed is also examined. Empirical evidence from - some LDCs is used to look at (i) household borrowing - and lending, their importance and timing, and their - role in smoothing consumption, and (ii) the - life-cycle behavior of consumption and income. The - results suggest that ``hump'' life-cycle saving is not - likely to be a very important generator of wealth in - LDCs and provide further evidence on the limited - role of credit markets.}, - copyright = {Copyright © 1992 The Scandinavian Journal of Economics}, - file = {deatonLDCs.pdf:deatonLDCs.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 1992}, - jstor_issuetitle = {Proceedings of a Conference on Savings Behavior: Theory, International Evidence and Policy Implications}, - language = {English}, - publisher = {Wiley on behalf of The Scandinavian Journal of Economics}, - url = {http://www.jstor.org/stable/3440451}, -} - -@Article{dlCommodity, - author = {Deaton, Angus and Laroque, Guy}, - title = {{O}n the {B}ehaviour of {C}ommodity {P}rices}, - journal = {The Review of Economic Studies}, - year = {1992}, - volume = {59}, - number = {1}, - pages = {1-23}, - note = {\url{http://restud.oxfordjournals.org/content/59/1/1.abstract}}, - abstract = {This paper applies the standard rational - expectations competitive storage model to the study - of thirteen commodities. It explains the skewness, - and the existence of rare but violent explosions in - prices, coupled with a high degree of price - autocorrelation in more normal times. A central - feature of the model is the explicit recognition of - the fact that it is impossible for the market as a - whole to carry negative inventories, and this - introduces an essential non-linearity which carries - through into non-linearity of the predicted - commodity price series. For most of the thirteen - commodity prices, the behaviour of prices from one - year to the next conforms to the predictions of the - theory about conditional expectations and - conditional variances. However, given the - non-linearity both of the model and of the actual - prices, such conformity is not enough to ensure that - the theory yields a complete account of the data. In - particular, the analysis does not yield a fully - satisfactory explanation for the high - autocorrelation observed in the data.}, - doi = {10.2307/2297923}, - eprint = {http://restud.oxfordjournals.org/content/59/1/1.full.pdf+html}, - file = {dlCommodity.pdf:dlCommodity.pdf:PDF}, - url = {http://restud.oxfordjournals.org/content/59/1/1.abstract}, -} - -@Article{dpInequality, - author = {Deaton, Angus and Paxson, Christina}, - title = {{I}ntertemporal {C}hoice and {I}nequality}, - journal = {Journal of Political Economy}, - year = {1994}, - volume = {102}, - number = {3}, - pages = {pp. 437-467}, - issn = {00223808}, - abstract = {The permanent income hypothesis implies that, for - any cohort of people born at the same time, - inequality in both consumption and income should - grow with age. We investigate this prediction using - cohort data constructed from 11 years of household - survey data from the United States, 22 years from - Great Britain, and 14 years from Taiwan. The data - show that within-cohort consumption and income - inequality measures do indeed increase with age in - the three economies and that the rate of increase is - similar in all three. According to the permanent - income hypothesis, the increase in inequality - reflects cumulative differences in the effects of - luck on consumption. Other models of intertemporal - choice--such as those with strong precautionary - motives or liquidity constraints--can limit or even - prevent the spread of inequality, as can insurance - arrangements that share risk across individuals. The - evidence on the spread of inequality can therefore - be used to help quantify the extent to which private - and social arrangements moderate the impact of risk - on the distribution of individual welfare.}, - copyright = {Copyright © 1994 The University of Chicago Press}, - file = {dpInequality.pdf:dpInequality.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 1994}, - language = {English}, - publisher = {The University of Chicago Press}, - url = {http://www.jstor.org/stable/2138618}, -} - -@InCollection{dpTaiwan, - author = {Deaton, Angus S. and Christina H. Paxson}, - title = {{S}aving, {G}rowth, and {A}ging in {T}aiwan}, - booktitle = {Studies in the Economics of Aging}, - publisher = {University of Chicago Press}, - year = {1994}, - editor = {Wise, David A.}, - address = {Chicago}, - file = {dpTaiwan.pdf:dpTaiwan.pdf:PDF}, - url = {http://www.nber.org/chapters/c7349.pdf}, -} - -@Article{dpEffects, - author = {{Deaton, Angus S.} and {Christina H. Paxson}}, - title = {{T}he {E}ffects of {E}conomic and {P}opulation {G}rowth on {N}ational {S}aving and {I}nequality}, - journal = {Demography}, - year = {1997}, - volume = {34}, - number = {1}, - pages = {97--114}, - file = {dpEffects.pdf:dpEffects.pdf:PDF}, - url = {http://www.jstor.org/stable/2061662}, -} - -@Article{dpAgingAndInequality, - author = {Deaton, Angus S. and Paxson, Christina H.}, - title = {{A}ging and {I}nequality in {I}ncome and {H}ealth}, - journal = {The American Economic Review}, - year = {1998}, - volume = {88}, - number = {2}, - pages = {pp. 248-253}, - issn = {00028282}, - copyright = {Copyright © 1998 American Economic Association}, - file = {dpAgingAndInequality.pdf:dpAgingAndInequality.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {May, 1998}, - jstor_issuetitle = {Papers and Proceedings of the Hundred and Tenth Annual Meeting of the American Economic Association}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/116928}, -} - -@Article{deatonCommodityAfrica, - author = {Deaton, Angus}, - title = {{C}ommodity {P}rices and {G}rowth in {A}frica}, - journal = {The Journal of Economic Perspectives}, - year = {1999}, - volume = {13}, - number = {3}, - pages = {pp. 23-40}, - issn = {08953309}, - copyright = {Copyright © 1999 American Economic Association}, - file = {deatonCommodityAfrica.pdf:deatonCommodityAfrica.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Summer, 1999}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2646983}, -} - -@Book{deatonHH, - title = {{T}he {A}nalysis {O}f {H}ousehold {S}urveys: {A} {M}icroeconometric {A}pproach {T}o {D}evelopment {P}olicy}, - publisher = {Johns Hopkins Univ. Press}, - year = {2000}, - author = {Deaton, Angus S.}, - address = {Baltimore, MD}, - edition = {3. printing}, - isbn = {0801852544}, - biburl = {http://www.bibsonomy.org/bibtex/26f2f87784d59d86af8c471e5857865a0/fbw_hannover}, - url = {http://gso.gbv.de/DB=2.1/CMD?ACT=SRCHA&SRT=YOP&IKT=1016&TRM=ppn+485128217&sourceid=fbw_bibsonomy}, -} - -@Article{dpCohort, - author = {{Deaton, Angus S.} and {Christina H. Paxson}}, - title = {{S}aving and {G}rowth: {A}nother {L}ook at the {C}ohort {E}vidence}, - journal = {Manuscript, Princeton University}, - year = {1998}, - file = {dpCohort.pdf:dpCohort.pdf:PDF}, - url = {http://www.princeton.edu/rpds/papers/pdfs/deaton_paxson_saving_growth.pdf}, -} - -@Article{dpGrowthSaving, - author = {Deaton, Angus and Paxson, Christina}, - title = {{G}rowth and {S}aving {A}mong {I}ndividuals and {H}ouseholds}, - journal = {Review of Economics and Statistics}, - year = {2000}, - volume = {82}, - number = {2}, - pages = {212--25}, - file = {dpGrowthSaving.pdf:dpGrowthSaving.pdf:PDF}, - url = {http://www.princeton.edu/~deaton/downloads/Growth_and_Saving_Among_Individuals_and_Households.pdf}, -} - -@Article{dlHousingGrowth, - author = {Deaton, Angus and Laroque, Guy}, - title = {{H}ousing, {L}and {P}rices, and {G}rowth}, - journal = {Journal of Economic Growth}, - year = {2001}, - volume = {6}, - number = {2}, - pages = {pp. 87--105}, - issn = {13814338}, - abstract = {We consider the effects of land for housing on the - growth process within an overlapping generations - model. Our original interest was to enquire whether - the introduction of land into a growth model might - account for a ''virtuous'' circle in which saving-up - for land (or housing) generates growth and higher - land prices, generating further increases in saving, - and so on. Such an account is sometimes proposed for - high saving rates in East Asia, where mortgage - markets are limited or absent. Our analysis does not - support such a story. The user cost of land reduces - the resources available for consumption of - reproducible goods, so that the introduction of - intrinsically valuable land into a growth model - lowers the equilibrium stock of capital and raises - the equilibrium interest rate. On the asset side, - the presence of land causes life-cycle savings to be - reallocated away from productive capital towards - land. The social optimum in such a model is for land - to be nationalized and provided at zero rent. Land - markets, far from generating saving and growth, are - inimical to capital formation.}, - copyright = {Copyright © 2001 Springer}, - file = {dlHousingGrowth.pdf:dlHousingGrowth.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 2001}, - language = {English}, - publisher = {Springer}, - url = {http://www.jstor.org/stable/40215868}, -} - -@Article{deatonHealthInequality, - author = {Deaton, Angus}, - title = {{H}ealth, {I}nequality, and {E}conomic {D}evelopment}, - journal = {The Journal of Economic Literature}, - year = {2003}, - volume = {41}, - number = {1}, - pages = {113--158}, - file = {deatonHealthInequality.pdf:deatonHealthInequality.pdf:PDF}, - url = {http://www.aeaweb.org/articles.php?doi=10.1257/002205103321544710}, -} - -@InCollection{dcBrokenDown, - author = {Case, Anne and Deaton, Angus S}, - title = {{B}roken down by work and sex: {H}ow our health declines}, - booktitle = {Analyses in the Economics of Aging}, - publisher = {University of Chicago Press}, - year = {2005}, - pages = {185--212}, - file = {dcBrokenDown.pdf:dcBrokenDown.pdf:PDF}, -} - -@Article{deatonMeasuringPoverty, - author = {Deaton, Angus}, - title = {{M}easuring {P}overty in a {G}rowing {W}orld ({O}r {M}easuring {G}rowth in a {P}oor {W}orld)}, - journal = {The Review of Economics and Statistics}, - year = {2005}, - volume = {87}, - number = {1}, - pages = {pp. 1-19}, - issn = {00346535}, - abstract = {The extent to which growth reduces global poverty - has been disputed for 30 years. Although there are - better data than ever before, controversies are not - resolved. A major problem is that consumption - measured from household surveys, which is used to - measure poverty, grows less rapidly than consumption - measured in national accounts, in the world as a - whole and in large countries, particularly India, - China, and the United States. In consequence, - measured poverty has fallen less rapidly than - appears warranted by measured growth in poor - countries. One plausible cause is that richer - households are less likely to participate in - surveys. But growth in the national accounts is also - upward biased, and consumption in the national - accounts contains large and rapidly growing items - that are not consumed by the poor and not included - in surveys. So it is possible for consumption of the - poor to grow less rapidly than national consumption, - without any increase in measured inequality. Current - statistical procedures in poor countries understate - the rate of global poverty reduction, and overstate - growth in the world.}, - copyright = {Copyright © 2005 The MIT Press}, - file = {deatonMeasuringPoverty.pdf:deatonMeasuringPoverty.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Feb., 2005}, - language = {English}, - publisher = {The MIT Press}, - url = {http://www.jstor.org/stable/40042916}, -} - -@Article{cdlMortality, - author = {Cutler, David and Deaton, Angus and Lleras-Muney, Adriana}, - title = {{T}he {D}eterminants of {M}ortality}, - journal = {The Journal of Economic Perspectives}, - year = {2006}, - volume = {20}, - number = {3}, - pages = {97-120}, - abstract = {The pleasures of life are worth nothing if one is - not alive to experience them. Through the twentieth - century in the United States and other high-income - countries, growth in real incomes was accompanied by - a historically unprecedented decline in mortality - rates that caused life expectancy at birth to grow - by nearly 30 years. In the years just after World - War II, life expectancy gaps between countries were - falling across the world. Poor countries enjoyed - rapid increases in life-expectancy through the - 1970s, with the gains in some cases exceeding an - additional year of life expectancy per year, though - the HIV/AIDS epidemic and the transition in Russia - and Eastern Europe have changed that situation. We - investigate the determinants of the historical - decline in mortality, of differences in mortality - across countries, and of differences in mortality - across groups within countries. A good theory of - mortality should explain all of the facts we - will outline. No such theory exists at present, but - at the end of the paper we will sketch a tentative - synthesis.}, - doi = {10.1257/089533006780387634}, - file = {cdlMortality.pdf:cdlMortality.pdf:PDF}, - url = {http://www.ingentaconnect.com/content/aea/jep/2006/00000020/00000003/art00005}, -} - -@Article{deatonHuman, - author = {Deaton, Angus S}, - title = {{A}re economists human?}, - journal = {The Lancet}, - year = {2009}, - volume = {374}, - number = {9701}, - pages = {1585--1586}, - file = {deatonHuman.pdf:deatonHuman.pdf:PDF}, - publisher = {Elsevier}, - url = {http://www.lancet.com/journals/lancet/article/PIIS0140-6736(09)61936-X}, -} - -@Article{deatonInstruments, - author = {Deaton, Angus}, - title = {{I}nstruments, {R}andomization, and {L}earning about {D}evelopment}, - journal = {Journal of Economic Literature}, - year = {2010}, - volume = {48}, - number = {2}, - pages = {pp. 424-455}, - issn = {00220515}, - abstract = {There is currently much debate about the - effectiveness of foreign aid and about what kind of - projects can engender economic development. There - is skepticism about the ability of econometric - analysis to resolve these issues or of development - agencies to learn from their own experience. In - response, there is increasing use in development - economics of randomized controlled trials (RCTs) to - accumulate credible knowledge of what works, without - overreliance on questionable theory or statistical - methods. When RCTs are not possible, the proponents - of these methods advocate quasirandomization through - instrumental variable (IV) techniques or natural - experiments. I argue that many of these applications - are unlikely to recover quantities that are useful - for policy or understanding: two key issues are the - misunderstanding of exogeneity and the handling of - heterogeneity. I illustrate from the literature on - aid and growth. Actual randomization faces similar - problems as does quasi-randomization, - notwithstanding rhetoric to the contrary. I argue - that experiments have no special ability to produce - more credible knowledge than other methods, and that - actual experiments are frequently subject to - practical problems that undermine any claims to - statistical or epistemic superiority. I illustrate - using prominent experiments in development and - elsewhere. As with IV methods, RCT-based evaluation - of projects, without guidance from an understanding - of underlying mechanisms, is unlikely to lead to - scientific progress in the understanding of economic - development. I welcome recent trends in development - experimentation away from the evaluation of projects - and toward the evaluation of theoretical - mechanisms.}, - copyright = {Copyright © 2010 American Economic Association}, - file = {deatonInstruments.pdf:deatonInstruments.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {JUNE 2010}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/20778731}, -} - -@Article{deatonMechanisms, - author = {Deaton, Angus}, - title = {{U}nderstanding the {M}echanisms of {E}conomic {D}evelopment}, - journal = {The Journal of Economic Perspectives}, - year = {2010}, - volume = {24}, - number = {3}, - pages = {3--16}, - file = {deatonMechanisms.pdf:deatonMechanisms.pdf:PDF}, - publisher = {American Economic Association}, - url = {http://www.aeaweb.org/articles.php?doi=10.1257/jep.24.3.3}, -} - -@Article{dkWellBeing, - author = {Kahneman, Daniel and Deaton, Angus}, - title = {{H}igh income improves evaluation of life but not emotional well-being}, - journal = {Proceedings of the National Academy of Sciences}, - year = {2010}, - volume = {107}, - number = {38}, - pages = {16489-16493}, - abstract = {Recent research has begun to distinguish two aspects - of subjective well-being. Emotional well-being - refers to the emotional quality of an individual's - everyday experience—the frequency and intensity of - experiences of joy, stress, sadness, anger, and - affection that make one's life pleasant or - unpleasant. Life evaluation refers to the thoughts - that people have about their life when they think - about it. We raise the question of whether money - buys happiness, separately for these two aspects of - well-being. We report an analysis of more than - 450,000 responses to the Gallup-Healthways - Well-Being Index, a daily survey of 1,000 US - residents conducted by the Gallup Organization. We - find that emotional well-being (measured by - questions about emotional experiences yesterday) and - life evaluation (measured by Cantril's - Self-Anchoring Scale) have different - correlates. Income and education are more closely - related to life evaluation, but health, care giving, - loneliness, and smoking are relatively stronger - predictors of daily emotions. When plotted against - log income, life evaluation rises - steadily. Emotional well-being also rises with log - income, but there is no further progress beyond an - annual income of \$75,000. Low income exacerbates - the emotional pain associated with such misfortunes - as divorce, ill health, and being alone. We conclude - that high income buys life satisfaction but not - happiness, and that low income is associated both - with low life evaluation and low emotional - well-being.}, - doi = {10.1073/pnas.1011492107}, - eprint = {http://www.pnas.org/content/107/38/16489.full.pdf+html}, - file = {dkWellBeing.pdf:dkWellBeing.pdf:PDF}, - url = {http://www.pnas.org/content/107/38/16489.abstract}, -} - -@Article{ssbdWellbeing, - author = {Stone, Arthur A and Schwartz, Joseph E and Broderick, Joan E and Deaton, Angus}, - title = {{A} {S}napshot {O}f {T}he {A}ge {D}istribution {O}f {P}sychological {W}ell-{B}eing {I}n {T}he {U}nited {S}tates}, - journal = {Proceedings of the National Academy of Sciences}, - year = {2010}, - volume = {107}, - number = {22}, - pages = {9985--9990}, - file = {ssbdWellbeing.pdf:ssbdWellbeing.pdf:PDF}, - publisher = {National Acad Sciences}, -} - -@Article{deatonHealthInjustice, - author = {Deaton, Angus}, - title = {{W}hat does the empirical evidence tell us about the injustice of health inequalities?}, - journal = {Available at SSRN 1746951}, - year = {2011}, - file = {deatonHealthInjustice.pdf:deatonHealthInjustice.pdf:PDF}, - url = {http://wws-roxen.princeton.edu/chwpapers/papers/What_does_the_empirical_evidence_tell_us_about_the_injustice.pdf}, -} - -@InCollection{deatonReligion, - author = {Deaton, Angus}, - title = {{A}ging, {R}eligion, and {H}ealth}, - booktitle = {Explorations in the Economics of Aging}, - publisher = {University of Chicago Press}, - year = {2011}, - pages = {237--262}, - file = {deatonReligion.pdf:deatonReligion.pdf:PDF}, - url = {http://www.nber.org/chapters/c11944.pdf}, -} - -@Article{deatonCrisis, - author = {Deaton, Angus}, - title = {{T}he financial crisis and the well-being of {A}mericans: 2011 {OEP} {H}icks {L}ecture}, - journal = {Oxford Economic Papers}, - year = {2012}, - volume = {64}, - number = {1}, - pages = {1-26}, - abstract = {I use daily data on self-reported well-being (SWB) - to examine how the Great Recession affected the - emotional and evaluative lives of the population. In - the fall of 2008 and lasting into the spring of - 2009, at the bottom of the stock market, Americans - reported sharp declines in their life evaluation, - sharp increases in worry and stress, and declines in - positive affect. By the end of 2010, in spite of - continuing high unemployment, these measures had - largely recovered. The SWB measures do a better job - of monitoring short-run levels of anxiety than the - medium-term evolution of the economy. Even very - large macroeconomic shocks will cause small and hard - to detect effects on SWB. Life evaluation questions - are extremely sensitive to question order - effects—asking political questions first reduces - reported life evaluation by an amount that dwarfs - the effects of even the worst of the crisis.}, - doi = {10.1093/oep/gpr051}, - eprint = {http://oep.oxfordjournals.org/content/64/1/1.full.pdf+html}, - file = {deatonCrisis.pdf:deatonCrisis.pdf:PDF}, - url = {http://oep.oxfordjournals.org/content/64/1/1.abstract}, -} - -@Article{dsHappiness, - author = {Deaton, Angus and Stone, Arthur A}, - title = {{T}wo {H}appiness {P}uzzles}, - journal = {American Economic Review Papers and Proceedings}, - year = {2013}, - file = {dsHappiness.pdf:dsHappiness.pdf:PDF}, -} - -@Article{agAssetReturns, - author = {Aiyagari, S. Rao and Gertler, Mark}, - title = {Asset Returns with Transactions Costs and Uninsured Individual Risk}, - journal = {Journal of Monetary Economics}, - year = {1990}, - pages = {311--331}, -} - -@TechReport{amCreditAndC, - author = {Aron, Janine and Muellbauer, John}, - title = {Housing Wealth, Credit Conditions and Consumption}, - institution = {Centre for the Study of African Economies, Oxford University}, - year = {2006}, - type = {working paper}, - number = {9}, - month = {June}, -} - -@Article{arrowGrowth, - author = {Arrow, Kenneth J.}, - title = {The Economic Implications of Learning by Doing}, - journal = {Review of Economic Studies}, - year = {1962}, - volume = {29}, - number = {3}, - pages = {155--173}, - month = {June}, - bdsk-url-1 = {http://links.jstor.org/sici?sici=0034-6527%28196206%2929%3A3%3C155%3ATEIOLB%3E2.0.CO%3B2-%23}, - citeulike-article-id = {681}, - keywords = {doing learning}, - url = {http://links.jstor.org/sici?sici=0034-6527%28196206%2929%3A3%3C155%3ATEIOLB%3E2.0.CO%3B2-%23}, -} - -@Article{Bacchetta1997, - author = {Philippe Bacchetta and Stefan Gerlach}, - title = {Consumption and Credit Constraints: International Evidence}, - journal = {Journal of Monetary Economics}, - year = {1997}, - volume = {40}, - pages = {207--238}, -} - -@Article{baiPanel, - author = {Bai, Jushan}, - title = {Estimating Cross-section Common Stochastic Trends in Nonstationary Panel Data}, - journal = {Journal of Econometrics}, - year = {2004}, - volume = {122}, - pages = {137--183}, -} - -@Article{baiFactors, - author = {Bai, Jushan}, - title = {Inferential Theory for Factor Models of Large Dimensions}, - journal = {Econometrica}, - year = {2003}, - volume = {71}, - pages = {135--171}, -} - -@Article{Bai2002, - author = {Jushan Bai and Serena Ng}, - title = {Determining the Number of Factors in Approximate Factor Models}, - journal = {Econometrica}, - year = {2002}, - volume = {70}, - pages = {191--221}, -} - -@InCollection{ball:sacrifice, - author = {Ball, Laurence}, - title = {What Determines the Sacrifice Ratio?}, - booktitle = {Monetary Policy}, - publisher = {University of Chicago Press}, - year = {1994)}, - editor = {Mankiw, N. Gregory}, - chapter = {5}, - address = {(Chicago:}, -} - -@Article{batchelorInflation, - author = {Ray Batchelor and A. Orr}, - title = {Inflation Expectations Revisited}, - journal = {Economica}, - year = {1988}, - volume = {55}, - pages = {17--31}, -} - -@Article{bkBootstrap, - author = {Jeremy Berkowitz and Lutz Kilian}, - title = {Recent Developments in Bootstrapping Time Series}, - journal = {Econometric Reviews}, - year = {2000}, - volume = {19}, - pages = {1--48}, -} - -@Article{bbDataRich, - author = {Bernanke, Ben and Boivin, Jean}, - title = {Monetary Policy in a Data-Rich Environment}, - journal = {Journal of Monetary Economics}, - year = {2003}, - volume = {50}, - pages = {525--546}, -} - -@TechReport{ber02, - author = {Carol Bertaut}, - title = {Equity Prices, Household Wealth, and Consumption Growth in Foreign Industrial Countries: Wealth Effects in the 1990s}, - institution = {Federal Reserve Board}, - year = {2002}, - type = {IFDP working paper}, - number = {724}, -} - -@Article{bnMoreBetter, - author = {Boivin, Jean and Ng, Serena}, - title = {Are More Data Always Better for Factor Analysis?}, - journal = {Journal of Econometrics}, - year = {2005}, - volume = ..., - pages = {...}, -} - -@Article{bxTayVsCay, - author = {Michael J. Brennan and Y. Xia}, - title = {Tay's as Good as Cay}, - journal = {Finance Research Letters}, - year = {2005}, - volume = {2}, - pages = {1--14}, - note = {\url{http://dx.doi.org/10.1016/j.frl.2004.10.001}}, - doi = {doi:10.1016/j.frl.2004.10.001}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bxTayVsCay.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bxTayVsCay.pdf:PDF}, - url = {http://dx.doi.org/10.1016/j.frl.2004.10.001}, -} - -@Article{browningCollado:AntIncChanges, - author = {Browning, Martin and Collado, M. Dolores}, - title = {The Response of Expenditures to Anticipated Income Changes: Panel Data Estimates}, - journal = {American Economic Review}, - year = {2001}, - volume = {91}, - number = {3}, - pages = {681--692}, - month = aug, -} - -@Article{bd03, - author = {Joseph P. Byrne and E. Phillip Davis}, - title = {Disaggregate Wealth and Aggregate Consumption: An Investigation of Empirical Relationships for the G7}, - journal = {Oxford Bulletin of Economics and Statistics}, - year = {2003}, - volume = {65}, - number = {2}, - pages = {197--220}, - month = {05}, -} - -@Article{cc07_microWealthE, - author = {John Y. Campbell and {Jo\~ao} F. Cocco}, - title = {How Do House Prices Affect Consumption? Evidence from Micro Data}, - journal = {Journal of Monetary Economics}, - year = {2007}, - volume = {54}, - number = {3}, - pages = {591--621}, - note = {forthcoming}, -} - -@Article{Carlson1975, - author = {J. Carlson and M. Parkin}, - title = {Inflation Expectations}, - journal = {Economica}, - year = {1975}, - volume = {42}, - pages = {123--137}, -} - -@Article{2PeriodLCModel, - author = {Carroll, Christopher D.}, - title = {The Random Walk Model of Consumption}, - journal = {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/2PeriodLCModel% .pdf}, - year = {2006}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/2PeriodLCModel.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/2PeriodLCModel.pdf}, -} - -@Article{BufferStockAgeProfiles, - author = {Carroll, Christopher D.}, - title = {BufferStockAgeProfiles}, - journal = {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/BufferStockAge% Profiles.pdf}, - year = {2006}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/BufferStockAgeProfiles.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/BufferStockAgeProfiles.pdf}, -} - -@Article{EpiOfC, - author = {Carroll, Christopher D.}, - title = {Sticky Expectations and Consumption Dynamics}, - journal = {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/EpiOfC.pdf}, - year = {2006}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/EpiOfC.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/EpiOfC.pdf}, -} - -@Article{carroll:epidemicInflQJE, - author = {Carroll, Christopher D.}, - title = {{M}acroeconomic {E}xpectations of {H}ouseholds and {P}rofessional {F}orecasters}, - journal = {Quarterly Journal of Economics}, - year = {2003}, - volume = {118}, - number = {1}, - pages = {269--298}, - note = {\href{http://econ.jhu.edu/people/ccarroll/epidemiologyQJE.pdf}{[PDF]},\href{http://econ.jhu.edu/people/ccarroll/Epidemiology.zip}{[Code]}}, - url = {http://econ.jhu.edu/people/ccarroll/epidemiologyQJE.pdf}, -} - -@Article{carroll:epidemicinfljhu, - author = {Carroll, Christopher D.}, - title = {The Epidemiology of Macroeconomic Expectations}, - journal = {Johns Hopkins University Economics Department Working Paper Number 462}, - year = {2002}, - month = {December}, -} - -@Article{carrollRequiem, - author = {Carroll, Christopher D.}, - title = {Requiem for the Representative Consumer? Aggregate Implications of Microeconomic Consumption Behavior}, - journal = {American Economic Review}, - year = {2000}, - volume = {90}, - number = {2}, - pages = {110--115}, - month = {May}, - note = {At \url{http://econ.jhu.edu/people/ccarroll/RequiemFull.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/RequiemFull.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/RequiemFull.pdf}, -} - -@Article{carrollRequiemNoNotes, - author = {Carroll, Christopher D.}, - title = {Requiem for the Representative Consumer? Aggregate Implications of Microeconomic Consumption Behavior}, - journal = {American Economic Review}, - year = {2000}, - volume = {90}, - number = {2}, - pages = {110--115}, - month = {May}, - note = {At \url{http://econ.jhu.edu/people/ccarroll/RequiemFull.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/RequiemFull.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/RequiemFull.pdf}, -} - -@article{carroll2011large, - title={How large are housing and financial wealth effects? A new approach}, - author={Carroll, Christopher D and Otsuka, Misuzu and Slacalek, Jiri}, - journal={Journal of Money, Credit and Banking}, - volume={43}, - number={1}, - pages={55--79}, - year={2011}, - publisher={Wiley Online Library} -} - -@article{cosHousingWealth, - title={How large are housing and financial wealth effects? A new approach}, - author={Carroll, Christopher D and Otsuka, Misuzu and Slacalek, Jiri}, - journal={Journal of Money, Credit and Banking}, - volume={43}, - number={1}, - pages={55--79}, - year={2011}, - publisher={Wiley Online Library} -} - -@TechReport{cosHowLargeWP, - author = {Carroll, Christopher D. and Otsuka, Misuzu and Slacalek, Jiri}, - title = {How Large Is the Housing Wealth Effect? A New Approach}, - institution = {Johns Hopkins University}, - year = {2006}, - type = {Working Paper No. 535}, - number = {12746}, - address = {\href{http://www.econ.jhu.edu/pdf/papers/wp535carroll.pdf}{www.econ.jhu.edu/pdf/papers/wp535carroll.pdf}}, - month = {October}, -} - -@TechReport{cssIntlStickyCECB, - author = {Carroll, Christopher D. and Slacalek, Jiri and Sommer, Martin}, - title = {International evidence on sticky consumption growth}, - institution = {European Central Bank}, - year = {2008}, - type = {Working Paper Series}, - number = {886}, - month = Mar, - bdsk-url-1 = {http://ideas.repec.org/p/ecb/ecbwps/20080886.html}, - score = {80}, - url = {http://ideas.repec.org/p/ecb/ecbwps/20080886.html}, -} - -@Article{cstStickyC, - author = {Carroll, Christopher D. and Slacalek, Jiri and Tokuoka, Kiichi}, - title = {Sticky Expectations and Consumption Dynamics}, - journal = {Manuscript, Johns Hopkins University}, - year = {2011}, - note = {\url{http://llorracc.net/Hidden/Papers/cstStickyC}}, - bdsk-url-1 = {http://llorracc.net/Hidden/Papers/cstStickyC.pdf}, - url = {http://llorracc.net/Hidden/Papers/cstStickyC.pdf}, -} - -@Article{crFactor, - author = {Chamberlain, Gary and Rothschild, Michael}, - title = {Arbitrage Factor Stucture, and Mean--Variance Analysis of Large Asset Markets}, - journal = {Econometrica}, - year = {1983}, - pages = {1281--1304}, -} - -@Article{chPooling, - author = {Michael P. Clements and David F. Hendry}, - title = {Pooling of Forecasts}, - journal = {The Econometrics Journal}, - year = {2004}, - volume = {7(1)}, - pages = {1--31}, -} - -@Article{coccoPortfolioHousing, - author = {{Jo\~ao} F. Cocco}, - title = {Portfolio Choice in the Presence of Housing}, - journal = {Review of Financial Studies}, - year = {2005}, - volume = {18}, - pages = {535--567}, -} - -@Article{csInflation, - author = {Cogley, Timothy and Sargent, Thomas}, - title = {Evolving Post World War II US Inflation Dynamics}, - journal = {NBER Macroeconomics Annual}, - year = {2001}, - volume = {16}, - pages = {331--373}, -} - -@Article{croushore:introSPF, - author = {Croushore, Dean}, - title = {Introducing: The Survey of Professional Forecasters}, - journal = {Federal Reserve Bank of Philadelphia Business Review}, - year = {1993}, - volume = {November/December}, - pages = {3--15}, - month = {November/December}, -} - -@Article{ddfsSticky, - author = {J{\"}org D{\"}opke and Jonas Dovern and Ulrich Fritsche and Jiri Slacalek}, - title = {Sticky Information Phillips Curves: European Evidence}, - journal = {Journal of Money, Credit, and Banking}, - year = {2008}, - volume = {40}, - pages = {1513--1520}, -} - -@InProceedings{dsAssetBooms, - author = {Detken, Carsten and Smets, Frank}, - title = {Asset Price Booms and Monetary Policy}, - booktitle = {Macroeconomic Policies in the World Economy}, - year = {2004}, - editor = {Siebert, Horst}, - pages = {189--227}, - publisher = {Springer}, -} - -@Article{dhj:houseprices, - author = {Richard Disney and John Gathergood and Andrew Henley}, - title = {House Price Shocks, Negative Equity and Household Consumption in the United Kingdom}, - journal = {Journal of the European Economic Association}, - year = {2010}, - volume = {8}, - number = {6}, - pages = {1179--1207}, - month = {December}, - institution = {University of Nottingham}, -} - -@TechReport{dvornak&kohler:wealtheffects, - author = {Nikola Dvornak and Marion Kohler}, - title = {Housing Wealth, Stock Market Wealth and Consumption: A Panel Analysis for Australia}, - institution = {Reserve Bank of Australia}, - year = {2003}, - type = {Reserve Bank of Australia Discussion Paper}, - number = {23}, - month = Jul, -} - -@Article{engelhardtHandS, - author = {Gary V. Engelhardt}, - title = {House Prices and Home Owner Saving Behavior}, - journal = {Regional Science and Urban Economics}, - year = {1996}, - volume = {26}, - pages = {313--336}, -} - -@Article{fcHabits, - author = {Ferson, Wayne and Constantinides, George M.}, - title = {Habit Persistence and Durability in Aggregate Consumption}, - journal = {Journal of Financial Economics}, - year = {1991}, - volume = {29}, - number = {2}, - pages = {199--240}, -} - -@Article{Forni1998, - author = {Forni, Mario and Reichlin, Lucrezia}, - title = {Let's Get Real: A Dynamic Factor Analytical Approach to Disaggregated Business Cycle}, - journal = {Review of Economic Studies}, - year = {1998}, - volume = {65}, - pages = {453--474}, -} - -@TechReport{girouard&blondal:houseprices, - author = {Girouard, Nathalie and Bl{{\"}o}ndal, Sveinbj{{\"}o}rn}, - title = {House Price and Economic Activity}, - institution = {OECD Economics Department}, - year = {2001}, - type = {OECD Economics Department Working Paper}, - number = {279}, - month = Jan, -} - -@Book{ghjPortfolios, - title = {Household Portfolios}, - publisher = {MIT Press}, - year = {2001}, - author = {Guiso, Luigi and Haliassos, Michael and Jappelli, Tullio}, -} - -@Article{guvenen, - author = {Guvenen, Fatih}, - title = {An Empirical Investigation of Labor Income Processes}, - journal = {Review of Economic Dynamics}, - year = {2009}, - volume = {12}, - number = {1}, - pages = {58--79}, -} - -@Article{hlRiskSharing, - author = {Heaton, John and Lucas, Deborah J.}, - title = {Evaluating the Effects of Incomplete Markets on Risk Sharing and Asset Pricing}, - journal = {Journal of Political Economy}, - year = {1996}, - volume = {104}, - pages = {443--487}, -} - -@Article{Kaplan:2012hs, - author = {Kaplan, Greg}, - title = {{Inequality and the life cycle}}, - journal = {Quantitative Economics}, - year = {2012}, - volume = {3}, - number = {3}, - pages = {471--525}, - month = nov, - date-added = {2013-04-07T22:40:17GMT+00:00}, - date-modified = {2013-04-07T23:27:49GMT+00:00}, - doi = {10.3982/QE200}, - file = {{Quantitative_Economics_2012_Kaplan.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Kaplan/Quantitative_Economics_2012_Kaplan.pdf:application/pdf}}, - language = {English}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Kaplan/Quantitative_Economics_2012_Kaplan.pdf}, - publisher = {Wiley Online Library}, - rating = {0}, - read = {Yes}, - uri = {\url{papers2://publication/doi/10.3982/QE200}}, - url = {http://doi.wiley.com/10.3982/QE200}, -} - -@Article{kennickell, - author = {Kennickell, Arthur B.}, - title = {Saving and Permanent Income: Evidence from the 1992 SCF}, - journal = {Board of Governors of the Federal Reserve System}, - year = {1995}, -} - -@Article{Levin2001, - author = {Laurence Levin}, - title = {Are Assets Fungible? Testing the Behavioral Theory of Life Cycle Saving}, - journal = {Journal of Economic Behavior and Organization}, - year = {2001}, - volume = {36}, - pages = {59--83}, -} - -@Article{lev02, - author = {Levine, Ross}, - title = {Bank-Based or Market-Based Financial Systems: Which Is Better?}, - journal = {Journal of Financial Intermediation}, - year = {2002}, - volume = {11}, - pages = {1--30}, -} - -@Article{lucas:imperfectInfo, - author = {Lucas, Robert E.}, - title = {Some International Evidence on Output-Inflation Tradeoffs}, - journal = {American Economic Review}, - year = {1973}, - volume = {63}, - number = {3}, - pages = {326--334}, - month = {June}, -} - -@TechReport{ls02, - author = {Ludwig, Alexander and {Sl{\o}k}, Torsten}, - title = {The Impact of Changes in Stock Prices and House Prices on Consumption in OECD Countries}, - institution = {International Monetary Fund}, - year = {2002}, - type = {IMF woking paper}, - number = {1}, -} - -@Article{lusardi, - author = {Lusardi, Annamaria}, - title = {Permanent Income, Current Income, and Consumption: Evidence from Two Panel Data Sets}, - journal = {Journal of Business and Economic Statistics}, - year = {1996}, - volume = {14}, - number = {1}, - pages = {81--90}, - month = {January}, -} - -@Article{mankiwEtAl03, - author = {N. Gregory Mankiw and Ricardo Reis and Justin Wolfers}, - title = {Disagreement on Inflation Expectations}, - journal = {NBER Macroeconomics Annual}, - year = {2003}, - pages = {209--248}, -} - -@Article{prescott, - author = {Prescott, Edward C.}, - title = {Theory Ahead of Business Cycle Measurement}, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = {1986}, - volume = {25}, - pages = {11--44}, - note = {\url{http://ideas.repec.org/p/fip/fedmsr/102.html}}, - bdsk-url-1 = {http://ideas.repec.org/p/fip/fedmsr/102.html}, - url = {http://ideas.repec.org/p/fip/fedmsr/102.html}, -} - -@Article{prescottTheoryAhead, - author = {Prescott, Edward C.}, - title = {Theory Ahead of Business Cycle Measurement}, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = 1986, - volume = 25, - pages = {11--44}, - note = {\url{http://ideas.repec.org/p/fip/fedmsr/102.html}}, - bdsk-url-1 = {http://ideas.repec.org/p/fip/fedmsr/102.html}, - url = {http://ideas.repec.org/p/fip/fedmsr/102.html}, -} - -@Article{reis:inpro, - author = {Ricardo Reis}, - title = {Inattentive Producers}, - journal = {Review of Economic Studies}, - year = {2006}, - volume = {73}, - number = {3}, - pages = {793--821}, -} - -@Article{reisInattentiveC, - author = {Reis, Ricardo}, - title = {Inattentive Consumers}, - journal = {Journal of Monetary Economics}, - year = {2006}, - volume = {53}, - number = {8}, - pages = {1761--1800}, - month = {November}, - bdsk-url-1 = {http://ideas.repec.org/a/eee/moneco/v53y2006i8p1761-1800.html}, - publisher = {Elsevier}, - url = {http://ideas.repec.org/a/eee/moneco/v53y2006i8p1761-1800.html}, -} - -@Article{frederickLoewensteinODonogue:discountReview, - author = {Shane Frederick and George Loewenstein and Ted {O'Donogue}}, - title = {Time Discounting and Time Preference: A Critical Review}, - journal = {Journal of Economic Literature}, - year = {2002}, - volume = {XL}, - number = {2}, - pages = {351--401}, - issn = {00220515}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2698382}, -} - -@Article{floDiscounting, - author = {Shane Frederick and George Loewenstein and Ted {O'Donogue}}, - title = {Time Discounting and Time Preference: A Critical Review}, - journal = {Journal of Economic Literature}, - year = {2002}, - volume = {XL}, - number = {2}, - pages = {351--401}, - issn = {00220515}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2698382}, -} - -@Book{lsamuelsonEvolutionary, - title = {Evolutionary Games and Equilibrium Selection}, - publisher = {Princeton University Press}, - year = {1997}, - author = {Samuelson, Larry}, - address = {Cambridge}, -} - -@Article{samuelsonOLG, - author = {Samuelson, Paul A.}, - title = {An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money}, - journal = {Journal of Political Economy}, - year = {1958}, - volume = {66}, - number = {6}, - pages = {467--482}, - issn = {00223808, 1537534X}, - publisher = {University of Chicago Press}, - url = {http://www.jstor.org/stable/1826989}, -} - -@Book{shillerIEed2, - title = {Irrational Exuberance}, - publisher = {Princeton University Press}, - year = {2005}, - author = {Shiller, Robert J.}, - edition = {2}, - month = {March}, - date = {2005}, -} - -@Article{SongStorenslettenZilibotti11, - author = {Song, Zheng and Storesletten, Kjetil and Zilibotti, Fabrizio}, - title = {Growing Like China}, - journal = {The American Economic Review}, - year = {2011}, - volume = {101}, - number = {1}, - pages = {196--233}, -} - -@InProceedings{swIntlBusCyca, - author = {James H. Stock and Mark W. Watson}, - title = {Forecasting with Many Predictors}, - booktitle = {The Handbook of Economic Forecasting}, - year = {2005}, - editor = {Graham Elliott and Clive Granger and Allan Timmermann}, - publisher = {Elsevier/North Holland}, -} - -@Article{Wilcox:92, - author = {Wilcox, David W.}, - title = {The Construction of U.S. Consumption Data: Some Facts and Their Implications for Empirical Work}, - journal = {The American Economic Review}, - year = {1992}, - volume = {82}, - number = {4}, - pages = {922--941}, - month = {September}, -} - -@Article{jwilliamsonKorea, - author = {Williamson, Jeffrey G.}, - title = {Why Do {K}oreans Save 'So Little'?}, - journal = {Journal of Development Economics}, - year = {1979}, - volume = {6}, - pages = {343--362}, - month = {September}, -} - -@InCollection{carroll:richsave, - author = {Carroll, Christopher D.}, - title = {{W}hy {D}o the {R}ich {S}ave {S}o {M}uch?}, - booktitle = {{D}oes {A}tlas {S}hrug? {T}he {E}conomic {C}onsequences of {T}axing the {R}ich}, - publisher = {Harvard University Press}, - year = {2000}, - editor = {Slemrod, Joel B.}, - note = {\url{http://econ.jhu.edu/people/ccarroll/Why.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/Why.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/Why.pdf}, -} - -@Article{summers&carroll:brookings, - author = {Summers, Lawrence H. and Carroll, Christopher D.}, - title = {Why is U.S.\ National Saving So Low?}, - journal = {Brookings Papers on Economic Activity}, - year = {1987}, - volume = {1987}, - number = {2}, - pages = {607--636}, - note = {\url{http://econ.jhu.edu/people/ccarroll/NatSavSoLow.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/NatSavSoLow.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/NatSavSoLow.pdf}, -} - -@InProceedings{mbUtility, - author = {Modigliani, Franco and Brumberg, Richard}, - title = {Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data}, - booktitle = {Post-Keynesian Economics}, - year = {1954}, - editor = {Kurihara, Kenneth K.}, - address = {New Brunswick, NJ}, - publisher = {Rutgers University Press}, -} - -@Article{cstKS, - author = {Carroll, Christopher D and Slacalek, Jiri and Tokuoka, Kiichi}, - title = {Buffer-Stock Saving in a Krusell--Smith World}, - journal = {Economics Letters}, - year = {2015}, - volume = {132}, - pages = {97--100}, - note = {At \url{http://econ.jhu.edu/people/ccarroll/papers/cstKS/}; extended version available as ECB Working Paper number 1633, \url{https://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp1633.pdf}}, - doi = {doi:10.1016/j.econlet.2015.04.021}, - publisher = {Elsevier}, - url = {http://econ.jhu.edu/people/ccarroll/papers/cstKS/}, -} - -@Article{carrollEGM, - author = {Carroll, Christopher D.}, - title = {The {M}ethod of {E}ndogenous {G}ridpoints for {S}olving {D}ynamic {S}tochastic {O}ptimization {P}roblems}, - journal = {Economics Letters}, - year = {2006}, - volume = {91}, - number = {3}, - pages = {312--320}, - month = {September}, - note = {\url{http://econ.jhu.edu/people/ccarroll/EndogenousGridpoints.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/EndogenousArchive.zip}, - bdsk-url-2 = {http://dx.doi.org/10.1016/j.econlet.2005.09.013}, - doi = {10.1016/j.econlet.2005.09.013}, - url = {http://econ.jhu.edu/people/ccarroll/EndogenousArchive.zip}, -} - -@Book{deatonUnderstandingCNotes, - title = {{U}nderstanding {C}onsumption}, - publisher = {Oxford University Press}, - year = {1992}, - author = {Deaton, Angus S.}, - address = {New York}, -} - -@Book{deatonUnderstandingC, - title = {{U}nderstanding {C}onsumption}, - publisher = {Oxford University Press}, - year = {1992}, - author = {Deaton, Angus S.}, - address = {New York}, -} - -@TechReport{bgpHousing, - author = {Bostic, Raphael and Gabriel, Stuart and Painter, Gary}, - title = {Housing Wealth, Financial Wealth, and Consumption: New Evidence from Micro Data}, - institution = {University of Southern California}, - year = {2005}, - type = {working paper}, - month = {December}, -} - -@Article{aw95, - author = {Orazio Attanasio and Guglielmo Weber}, - title = {Is Consumption Growth Consistent with Intertemporal Optimization? Evidence from the Consumer Expenditure Survey}, - journal = {Journal of Political Economy}, - year = {1995}, - volume = {103}, - number = {6}, - pages = {1121-57}, - month = {December}, -} - -@Article{ersAutoregressive, - author = {Graham Elliott and Thomas J. Rothenberg and James H. Stock}, - title = {Efficient Tests for an Autoregressive Root}, - journal = {Econometrica}, - year = {1996}, - volume = {64}, - number = {4}, - pages = {813--836}, - month = {July}, -} - -@Article{greenCalifornia, - author = {Richard K. Green}, - title = {Stock Prices and House Prices in California: New Evidence of a Wealth Effect}, - journal = {Regional Science and Urban Economics}, - year = {2002}, - volume = {32}, - pages = {775--783}, -} - -@Article{glAssetPricing, - author = {Grossman, Sanford J. and Laroque, Guy S.}, - title = {Asset Pricing and Optimal Portfolio Choice in the Presence of Illiquid Durable Consumption Goods}, - journal = {Econometrica}, - year = {1990}, - volume = {58}, - number = {1}, - pages = {25--51}, -} - -@Article{inSpillovers, - author = {Iacoviello, Matteo and Neri, Stefano}, - title = {Housing Market Spillovers: Evidence from an Estimated DSGE Model}, - journal = {AEJ Macro}, - year = {2010}, - pages = {forthcoming}, - note = {forthcoming}, - institution = {Boston College, Department of Economics}, - type = {working paper}, -} - -@Article{ssModeration, - author = {Sabelhaus, John and Song, Jae}, - title = {The Great Moderation in Micro Labor Earnings}, - journal = {Journal of Monetary Economics}, - year = {2010}, - volume = {57}, - number = {4}, - pages = {391--403}, - month = {May}, - note = {\url{http://ideas.repec.org/a/eee/moneco/v57y2010i4p391-403.html}}, - abstract = {Between 1980 and the early 1990s the variability of - labor earnings growth rates across the prime-age - working population fell significantly. This decline - and timing are consistent with other macro and micro - observations about growth variability that are - collectively referred to as the \"Great - Moderation.\" The variability of earnings - growth is negatively correlated with age at any - point in time, and the U.S. working age population - got older during this period because the Baby Boom - was aging. However, the decrease in variability was - roughly uniform across all age groups, so population - aging is not the source of the overall decline. The - variance of log changes also declined at multi-year - frequencies in such a way as to suggest that both - permanent and transitory components of earnings - shocks became more moderate. A simple identification - strategy for separating age and cohort effects shows - a very intuitive pattern of permanent and transitory - shocks over the life cycle, and confirms that a - shift over time in the stochastic process occurred - even after controlling for age effects.}, - date-added = {2013-04-07T22:40:16GMT+00:00}, - date-modified = {2013-04-07T23:27:49GMT+00:00}, - doi = {10.1016/j.jmoneco.2010.04.003}, - file = {ssModeration.pdf:ssModeration.pdf:PDF}, - keywords = { Labor earnings Earnings volatility Great moderation}, - language = {English}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Sabelhaus/Journal_of_Monetary_Economics_2010_Sabelhaus.pdf}, - rating = {0}, - uri = {\url{papers2://publication/doi/10.1016/j.jmoneco.2010.04.003}}, - url = {http://ideas.repec.org/a/eee/moneco/v57y2010i4p391-403.html}, -} - -@Article{deatonLiqConstr, - author = {Deaton, Angus S.}, - title = {Saving and Liquidity Constraints}, - journal = {Econometrica}, - year = {1991}, - volume = {59}, - pages = {1221-1248}, - note = {\url{http://www.jstor.org/stable/2938366}}, - bdsk-url-1 = {http://ideas.repec.org/a/ecm/emetrp/v59y1991i5p1221-48.html}, - file = {deatonLiqConstr.pdf:deatonLiqConstr.pdf:PDF}, - owner = {Nic Johnson}, - url = {http://www.jstor.org/stable/2938366}, -} - -@Article{cagettiWprofiles, - author = {Marco Cagetti}, - title = {Wealth Accumulation Over the Life Cycle and Precautionary Savings}, - journal = {Journal of Business and Economic Statistics}, - year = {2003}, - volume = {21}, - number = {3}, - pages = {339--353}, -} - -@Article{pikettySaez:incomeIneq_qje03, - author = {Thomas Piketty and Emmanuel Saez}, - title = {Income Ineuality in the United States, 1913--1998}, - journal = {Quarterly Journal of Economics}, - year = {2003}, - volume = {118}, - number = {1}, - pages = {1--39}, - month = {February}, -} - -@Article{demyanykEtAl_JoF07_deregulation, - author = {Yuliya Demyanyk and Charlotte Ostergaard and Bent E. S{\o}rensen}, - title = {U.S. Banking Deregulation, Small Businesses, and Interstate Insurance of Personal Income}, - journal = {Journal of Finance}, - year = {2007}, - volume = {62}, - number = {6}, - pages = {2763--2801}, - month = {December}, - abstract = { We estimate the effects of deregulation of U.S. banking restrictions on interstate personal income insurance for the period 1970 to 2001. Interstate income insurance occurs when personal income reacts less than one-to-one to state-specific output shocks. We find that insurance improved after banking deregulation, with a larger effect in states where small businesses are more important and on proprietors' income than on other components of personal income. Our explanation centers on the role of banks as a prime source of small business finance and on the close intertwining of the personal and business finances of small business owners. Copyright 2007 by The American Finance Association.}, - url = {https://ideas.repec.org/a/bla/jfinan/v62y2007i6p2763-2801.html}, -} - -@Article{carroll:brookings, - author = {Carroll, Christopher D.}, - title = {The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence}, - journal = {Brookings Papers on Economic Activity}, - year = {1992}, - volume = {1992}, - number = {2}, - pages = {61--156}, - note = {\url{http://econ.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}}, - score = {30}, - url = {http://econ.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}, -} - -@Article{carrollBrookings, - author = {Carroll, Christopher D.}, - title = {The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence}, - journal = {Brookings Papers on Economic Activity}, - year = {1992}, - volume = {1992}, - number = {2}, - pages = {61--156}, - note = {\url{http://econ.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}}, - score = {30}, - url = {http://econ.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}, -} - -@Comment{jabref-meta: databaseType:bibtex;} - -@Comment{jabref-meta: grouping: -0 AllEntriesGroup:; -1 KeywordGroup:Norman\;0\;author\;Norman\;1\;1\;1\;\;\;\;; -2 KeywordGroup:C\;1\;author\;C. | Catherine\;1\;1\;1\;\;\;\;; -1 StaticGroup:Automatically created groups\;2\;1\;\;\;\;; -2 KeywordGroup:Abdelkhalek\;0\;author\;Abdelkhalek\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Abel\;0\;author\;Abel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Abowd\;0\;author\;Abowd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Acemoglu\;0\;author\;Acemoglu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Adamchik\;0\;author\;Adamchik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Adda\;0\;author\;Adda\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Agarwal\;0\;author\;Agarwal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ager\;0\;author\;Ager\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aguiar\;0\;author\;Aguiar\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ahnert\;0\;author\;Ahnert\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aiyagari\;0\;author\;Aiyagari\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Akerlof\;0\;author\;Akerlof\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Alesina\;0\;author\;Alesina\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Alessie\;0\;author\;Alessie\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Algan\;0\;author\;Algan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Allais\;0\;author\;Allais\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Allen\;0\;author\;Allen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Altissimo\;0\;author\;Altissimo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Altonji\;0\;author\;Altonji\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Amihud\;0\;author\;Amihud\;0\;0\;1\;\;\;\;; -2 KeywordGroup:An\;0\;author\;An\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Andersen\;0\;author\;Andersen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ando\;0\;author\;Ando\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Andre\;0\;author\;Andre\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Andres\;0\;author\;Andres\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Andrews\;0\;author\;Andrews\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ang\;0\;author\;Ang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Angeletos\;0\;author\;Angeletos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Angrist\;0\;author\;Angrist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ansley\;0\;author\;Ansley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Antoniewicz\;0\;author\;Antoniewicz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arbatli\;0\;author\;Arbatli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arifovic\;0\;author\;Arifovic\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aristotle\;0\;author\;Aristotle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arnold\;0\;author\;Arnold\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arnone\;0\;author\;Arnone\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aron\;0\;author\;Aron\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arrow\;0\;author\;Arrow\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arthur\;0\;author\;Arthur\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aruoba\;0\;author\;Aruoba\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Asdrubali\;0\;author\;Asdrubali\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Athanasoulis\;0\;author\;Athanasoulis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Atkeson\;0\;author\;Atkeson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Atkins\;0\;author\;Atkins\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Attanasio\;0\;author\;Attanasio\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Auerbach\;0\;author\;Auerbach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Auten\;0\;author\;Auten\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ayigari\;0\;author\;Ayigari\;0\;0\;1\;\;\;\;; -2 KeywordGroup:B'enabou\;0\;author\;B'enabou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bacchetta\;0\;author\;Bacchetta\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Backus\;0\;author\;Backus\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bagwell\;0\;author\;Bagwell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bai\;0\;author\;Bai\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Baily\;0\;author\;Baily\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Baker\;0\;author\;Baker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bakshi\;0\;author\;Bakshi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ball\;0\;author\;Ball\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Baltagi\;0\;author\;Baltagi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Banks\;0\;author\;Banks\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bar-Ilan\;0\;author\;Bar-Ilan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barata\;0\;author\;Barata\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barbera\;0\;author\;Barbera\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barczi\;0\;author\;Barczi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barro\;0\;author\;Barro\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barsky\;0\;author\;Barsky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bartlett\;0\;author\;Bartlett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Basu\;0\;author\;Basu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Batchelor\;0\;author\;Batchelor\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Battistin\;0\;author\;Battistin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Battycharya\;0\;author\;Battycharya\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Baxter\;0\;author\;Baxter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bayoumi\;0\;author\;Bayoumi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Beauchamp\;0\;author\;Beauchamp\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Beck\;0\;author\;Beck\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Becker\;0\;author\;Becker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bedi\;0\;author\;Bedi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Beechey\;0\;author\;Beechey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bekaert\;0\;author\;Bekaert\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ben Porath\;0\;author\;Ben Porath\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Benjamin\;0\;author\;Benjamin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Berk\;0\;author\;Berk\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Berkowitz\;0\;author\;Berkowitz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bernanke\;0\;author\;Bernanke\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bernheim\;0\;author\;Bernheim\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bertaut\;0\;author\;Bertaut\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bertola\;0\;author\;Bertola\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Besley\;0\;author\;Besley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bewley\;0\;author\;Bewley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bikhchandani\;0\;author\;Bikhchandani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bilas\;0\;author\;Bilas\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Billingsley\;0\;author\;Billingsley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bils\;0\;author\;Bils\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Binmore\;0\;author\;Binmore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blake\;0\;author\;Blake\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blanchard\;0\;author\;Blanchard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blanchflower\;0\;author\;Blanchflower\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blau\;0\;author\;Blau\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blinder\;0\;author\;Blinder\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blomberg\;0\;author\;Blomberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bloom\;0\;author\;Bloom\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blow\;0\;author\;Blow\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blundell\;0\;author\;Blundell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bl{{"}o}ndal\;0\;author\;Bl{{"}o}ndal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bl{{"}}ondal\;0\;author\;Bl{"}ondal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bodkin\;0\;author\;Bodkin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Boivin\;0\;author\;Boivin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Boldrin\;0\;author\;Boldrin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bond\;0\;author\;Bond\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bonin\;0\;author\;Bonin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Boone\;0\;author\;Boone\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Booth\;0\;author\;Booth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Borio\;0\;author\;Borio\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bostic\;0\;author\;Bostic\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bosworth\;0\;author\;Bosworth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bouchard\;0\;author\;Bouchard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bound\;0\;author\;Bound\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bowman\;0\;author\;Bowman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Boyd\;0\;author\;Boyd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brady\;0\;author\;Brady\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bram\;0\;author\;Bram\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Branch\;0\;author\;Branch\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Braun\;0\;author\;Braun\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brav\;0\;author\;Brav\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brayton\;0\;author\;Brayton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brennan\;0\;author\;Brennan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bricker\;0\;author\;Bricker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brock\;0\;author\;Brock\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Broda\;0\;author\;Broda\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brown\;0\;author\;Brown\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Browning\;0\;author\;Browning\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brownlee\;0\;author\;Brownlee\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brumberg\;0\;author\;Brumberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bryan\;0\;author\;Bryan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Buckley\;0\;author\;Buckley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bucks\;0\;author\;Bucks\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bull\;0\;author\;Bull\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bullard\;0\;author\;Bullard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Burtless\;0\;author\;Burtless\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Buyze\;0\;author\;Buyze\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Byrne\;0\;author\;Byrne\;0\;0\;1\;\;\;\;; -2 KeywordGroup:B{"}orsch-Supan\;0\;author\;B{"}orsch-Supan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Caballero\;0\;author\;Caballero\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cagetti\;0\;author\;Cagetti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cai\;0\;author\;Cai\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Callen\;0\;author\;Callen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Calomiris\;0\;author\;Calomiris\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Calvo\;0\;author\;Calvo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Campbell\;0\;author\;Campbell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Canner\;0\;author\;Canner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Canning\;0\;author\;Canning\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Capistr'an\;0\;author\;Capistr'an\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Capli\;0\;author\;Capli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Caplin\;0\;author\;Caplin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Card\;0\;author\;Card\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cardarelli\;0\;author\;Cardarelli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Carlson\;0\;author\;Carlson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Carrasco\;0\;author\;Carrasco\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Carrington\;0\;author\;Carrington\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Carroll\;0\;author\;Carroll\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Case\;0\;author\;Case\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cass\;0\;author\;Cass\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cassou\;0\;author\;Cassou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Castaneda\;0\;author\;Castaneda\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Catte\;0\;author\;Catte\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cavanagh\;0\;author\;Cavanagh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cecchetti\;0\;author\;Cecchetti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cechetti\;0\;author\;Cechetti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cesarini\;0\;author\;Cesarini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chamberlain\;0\;author\;Chamberlain\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chamon\;0\;author\;Chamon\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chari\;0\;author\;Chari\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chase\;0\;author\;Chase\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chen\;0\;author\;Chen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chetty\;0\;author\;Chetty\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chiao\;0\;author\;Chiao\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chinloy\;0\;author\;Chinloy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chinn\;0\;author\;Chinn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chodorow-Reich\;0\;author\;Chodorow-Reich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Christiano\;0\;author\;Christiano\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ciccone\;0\;author\;Ciccone\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Clarida\;0\;author\;Clarida\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Clark\;0\;author\;Clark\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Clements\;0\;author\;Clements\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cocco\;0\;author\;Cocco\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cochrane\;0\;author\;Cochrane\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cogley\;0\;author\;Cogley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cohen\;0\;author\;Cohen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Coibion\;0\;author\;Coibion\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cole\;0\;author\;Cole\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Coleman\;0\;author\;Coleman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Collado\;0\;author\;Collado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Constantinides\;0\;author\;Constantinides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Constantinidies\;0\;author\;Constantinidies\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cooper\;0\;author\;Cooper\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Corneli\;0\;author\;Corneli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Coronado\;0\;author\;Coronado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Corrado\;0\;author\;Corrado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Coulibaly\;0\;author\;Coulibaly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Creal\;0\;author\;Creal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cronqvist\;0\;author\;Cronqvist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Crossley\;0\;author\;Crossley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Croushore\;0\;author\;Croushore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Crowe\;0\;author\;Crowe\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Crucini\;0\;author\;Crucini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cukierman\;0\;author\;Cukierman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cummins\;0\;author\;Cummins\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Curtin\;0\;author\;Curtin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cutler\;0\;author\;Cutler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:DAVIDSON\;0\;author\;DAVIDSON\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dadayan\;0\;author\;Dadayan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dardanoni\;0\;author\;Dardanoni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Davey\;0\;author\;Davey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:David\;0\;author\;David\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Davis\;0\;author\;Davis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:DeLong\;0\;author\;DeLong\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Deacon\;0\;author\;Deacon\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Deaton\;0\;author\;Deaton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Debelle\;0\;author\;Debelle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dejuan\;0\;author\;Dejuan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dekle\;0\;author\;Dekle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Del Negro\;0\;author\;Del Negro\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Den Haan\;0\;author\;Den Haan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Department of Commerce\;0\;author\;Department of Commerce\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Detken\;0\;author\;Detken\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Devereux\;0\;author\;Devereux\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Diamond\;0\;author\;Diamond\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Diaz-Gimenez\;0\;author\;Diaz-Gimenez\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dickens\;0\;author\;Dickens\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Diebold\;0\;author\;Diebold\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Disney\;0\;author\;Disney\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dixit\;0\;author\;Dixit\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dodd\;0\;author\;Dodd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dohmen\;0\;author\;Dohmen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Donaldson\;0\;author\;Donaldson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Doornik\;0\;author\;Doornik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dotsey\;0\;author\;Dotsey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dovern\;0\;author\;Dovern\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Doyle\;0\;author\;Doyle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dr`eze\;0\;author\;Dr`eze\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dua\;0\;author\;Dua\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duca\;0\;author\;Duca\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duesenberry\;0\;author\;Duesenberry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duffy\;0\;author\;Duffy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duncan\;0\;author\;Duncan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dunn\;0\;author\;Dunn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Durdu\;0\;author\;Durdu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duygan\;0\;author\;Duygan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dvornak\;0\;author\;Dvornak\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dynan\;0\;author\;Dynan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:D{"}opke\;0\;author\;D{"}opke\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Easterlin\;0\;author\;Easterlin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Easterly\;0\;author\;Easterly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eberly\;0\;author\;Eberly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Economic Advisers\;0\;author\;Economic Advisers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Edelstein\;0\;author\;Edelstein\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Edison\;0\;author\;Edison\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Edward C. Prescott\;0\;author\;Edward C. Prescott\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Edwards\;0\;author\;Edwards\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eggertsson\;0\;author\;Eggertsson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ehrmann\;0\;author\;Ehrmann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eichenbaum\;0\;author\;Eichenbaum\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eichengreen\;0\;author\;Eichengreen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eijffinger\;0\;author\;Eijffinger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eissa\;0\;author\;Eissa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eller\;0\;author\;Eller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Elliott\;0\;author\;Elliott\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ellison\;0\;author\;Ellison\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Elmendorf\;0\;author\;Elmendorf\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Els\;0\;author\;Els\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Engel\;0\;author\;Engel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Engelhardt\;0\;author\;Engelhardt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Engen\;0\;author\;Engen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Englund\;0\;author\;Englund\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Erceg\;0\;author\;Erceg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Erev\;0\;author\;Erev\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Escudero\;0\;author\;Escudero\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Euwals\;0\;author\;Euwals\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Evans\;0\;author\;Evans\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Falk\;0\;author\;Falk\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fama\;0\;author\;Fama\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Farhi\;0\;author\;Farhi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fat`as\;0\;author\;Fat`as\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Faust\;0\;author\;Faust\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fay\;0\;author\;Fay\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fazzari\;0\;author\;Fazzari\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Feldstein\;0\;author\;Feldstein\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fernandez-Corugedo\;0\;author\;Fernandez-Corugedo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ferrri\;0\;author\;Ferrri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ferson\;0\;author\;Ferson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fischer\;0\;author\;Fischer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fisher\;0\;author\;Fisher\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fitzgerald\;0\;author\;Fitzgerald\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Flavin\;0\;author\;Flavin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fleming\;0\;author\;Fleming\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Flemming\;0\;author\;Flemming\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Floetotto\;0\;author\;Floetotto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fogli\;0\;author\;Fogli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Foote\;0\;author\;Foote\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Forni\;0\;author\;Forni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Foundation\;0\;author\;Foundation\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Francis\;0\;author\;Francis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Frank\;0\;author\;Frank\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fratantoni\;0\;author\;Fratantoni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fratzscher\;0\;author\;Fratzscher\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Friedman\;0\;author\;Friedman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fritsche\;0\;author\;Fritsche\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fuchs-Sch{"u}ndeln\;0\;author\;Fuchs-Sch{"u}ndeln\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fuchs-Sch{"}undeln\;0\;author\;Fuchs-Sch{"}undeln\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fudenberg\;0\;author\;Fudenberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fuhrer\;0\;author\;Fuhrer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Futia\;0\;author\;Futia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gabaix\;0\;author\;Gabaix\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gabriel\;0\;author\;Gabriel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gadzinski\;0\;author\;Gadzinski\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gakidis\;0\;author\;Gakidis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gal'{i}\;0\;author\;Gal'{i}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gale\;0\;author\;Gale\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gali\;0\;author\;Gali\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gapinsky\;0\;author\;Gapinsky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Garner\;0\;author\;Garner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Garrett\;0\;author\;Garrett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gathergood\;0\;author\;Gathergood\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gatti\;0\;author\;Gatti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gauger\;0\;author\;Gauger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gavin\;0\;author\;Gavin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Geczy\;0\;author\;Geczy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Geer\;0\;author\;Geer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Geiregat\;0\;author\;Geiregat\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gentry\;0\;author\;Gentry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Georgiou\;0\;author\;Georgiou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gerardi\;0\;author\;Gerardi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gerberding\;0\;author\;Gerberding\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gerlach\;0\;author\;Gerlach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gertler\;0\;author\;Gertler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ghosh\;0\;author\;Ghosh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Giannone\;0\;author\;Giannone\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gilchrist\;0\;author\;Gilchrist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Giordani\;0\;author\;Giordani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Giorno\;0\;author\;Giorno\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Girouard\;0\;author\;Girouard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Glaeser\;0\;author\;Glaeser\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Glick\;0\;author\;Glick\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gokhale\;0\;author\;Gokhale\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Golinelli\;0\;author\;Golinelli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gollier\;0\;author\;Gollier\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gomes\;0\;author\;Gomes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Goodman\;0\;author\;Goodman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gorman\;0\;author\;Gorman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gottschalk\;0\;author\;Gottschalk\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gourinchas\;0\;author\;Gourinchas\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Governors of the Federal Reserve System\;0\;author\;Governors of the Federal Reserve System\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Graham\;0\;author\;Graham\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Grant\;0\;author\;Grant\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Green\;0\;author\;Green\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Greene\;0\;author\;Greene\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Greenspan\;0\;author\;Greenspan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Grilli\;0\;author\;Grilli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Groen\;0\;author\;Groen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gross\;0\;author\;Gross\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Grossman\;0\;author\;Grossman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gruber\;0\;author\;Gruber\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Guariglia\;0\;author\;Guariglia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Guerrieri\;0\;author\;Guerrieri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Guiso\;0\;author\;Guiso\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gunderson\;0\;author\;Gunderson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gurenko\;0\;author\;Gurenko\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Guvenen\;0\;author\;Guvenen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:G{"}urkaynak\;0\;author\;G{"}urkaynak\;0\;0\;1\;\;\;\;; -2 KeywordGroup:HENDRY\;0\;author\;HENDRY\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Haan\;0\;author\;Haan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hahn\;0\;author\;Hahn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hakkio\;0\;author\;Hakkio\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Haliassos\;0\;author\;Haliassos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hall\;0\;author\;Hall\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Haltiwanger\;0\;author\;Haltiwanger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ham\;0\;author\;Ham\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hamburg\;0\;author\;Hamburg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hamilton\;0\;author\;Hamilton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Handjiyska\;0\;author\;Handjiyska\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hansen\;0\;author\;Hansen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hardy\;0\;author\;Hardy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Harmgart\;0\;author\;Harmgart\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Harris\;0\;author\;Harris\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Harrison\;0\;author\;Harrison\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Harvey\;0\;author\;Harvey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hassett\;0\;author\;Hassett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Haughwout\;0\;author\;Haughwout\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hause\;0\;author\;Hause\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hausman\;0\;author\;Hausman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hausmann\;0\;author\;Hausmann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hayashi\;0\;author\;Hayashi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Heathcote\;0\;author\;Heathcote\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Heaton\;0\;author\;Heaton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Heckman\;0\;author\;Heckman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Helbling\;0\;author\;Helbling\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hendry\;0\;author\;Hendry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Henley\;0\;author\;Henley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hern`{a}ndez-Murillo\;0\;author\;Hern`{a}ndez-Murillo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hess\;0\;author\;Hess\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Heston\;0\;author\;Heston\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hill\;0\;author\;Hill\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Himmelberg\;0\;author\;Himmelberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hiraguchi\;0\;author\;Hiraguchi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hochgurtel\;0\;author\;Hochgurtel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hoffmann\;0\;author\;Hoffmann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Holland\;0\;author\;Holland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Holtz-Eakin\;0\;author\;Holtz-Eakin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Honkapohja\;0\;author\;Honkapohja\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hooper\;0\;author\;Hooper\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hopenhayn\;0\;author\;Hopenhayn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Horioka\;0\;author\;Horioka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Horowitz\;0\;author\;Horowitz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Horrigan\;0\;author\;Horrigan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:House\;0\;author\;House\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Houthakker\;0\;author\;Houthakker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Howrey\;0\;author\;Howrey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hoynes\;0\;author\;Hoynes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hryshko\;0\;author\;Hryshko\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hsieh\;0\;author\;Hsieh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hu\;0\;author\;Hu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hubbard\;0\;author\;Hubbard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Huffman\;0\;author\;Huffman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Huggett\;0\;author\;Huggett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hunt\;0\;author\;Hunt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hurd\;0\;author\;Hurd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hurst\;0\;author\;Hurst\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hussey\;0\;author\;Hussey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Iacoviello\;0\;author\;Iacoviello\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ichino\;0\;author\;Ichino\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Idson\;0\;author\;Idson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Igan\;0\;author\;Igan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Im\;0\;author\;Im\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ioannides\;0\;author\;Ioannides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ireland\;0\;author\;Ireland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Irigoyen\;0\;author\;Irigoyen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Irish\;0\;author\;Irish\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Isiklar\;0\;author\;Isiklar\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ito\;0\;author\;Ito\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ittner\;0\;author\;Ittner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ivanova\;0\;author\;Ivanova\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ivo\;0\;author\;Ivo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jacobs\;0\;author\;Jacobs\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jaeger\;0\;author\;Jaeger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jagannathan\;0\;author\;Jagannathan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jaher\;0\;author\;Jaher\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jahoda\;0\;author\;Jahoda\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jaimovich\;0\;author\;Jaimovich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jansson\;0\;author\;Jansson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jappelli\;0\;author\;Jappelli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jeanne\;0\;author\;Jeanne\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jefferson\;0\;author\;Jefferson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jensen\;0\;author\;Jensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jermann\;0\;author\;Jermann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jevons\;0\;author\;Jevons\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Johannesson\;0\;author\;Johannesson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Johannsen\;0\;author\;Johannsen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Johnson\;0\;author\;Johnson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jolliffe\;0\;author\;Jolliffe\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jones\;0\;author\;Jones\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jorgenson\;0\;author\;Jorgenson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Joulfaian\;0\;author\;Joulfaian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jud\;0\;author\;Jud\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Judd\;0\;author\;Judd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Juillard\;0\;author\;Juillard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Julliard\;0\;author\;Julliard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Juster\;0\;author\;Juster\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kahn\;0\;author\;Kahn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kahneman\;0\;author\;Kahneman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kalemli-Ozcan\;0\;author\;Kalemli-Ozcan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kallal\;0\;author\;Kallal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kalyvitis\;0\;author\;Kalyvitis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kaplan\;0\;author\;Kaplan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kappler\;0\;author\;Kappler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kapteyn\;0\;author\;Kapteyn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Karoly\;0\;author\;Karoly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kasman\;0\;author\;Kasman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kasten\;0\;author\;Kasten\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kazarosian\;0\;author\;Kazarosian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Keen\;0\;author\;Keen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kehoe\;0\;author\;Kehoe\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Keller\;0\;author\;Keller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kelly\;0\;author\;Kelly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kennedy\;0\;author\;Kennedy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kennickell\;0\;author\;Kennickell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kermack\;0\;author\;Kermack\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Keynes\;0\;author\;Keynes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Khalifa\;0\;author\;Khalifa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Khan\;0\;author\;Khan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Khwaja\;0\;author\;Khwaja\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kiley\;0\;author\;Kiley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kilian\;0\;author\;Kilian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Killingsworth\;0\;author\;Killingsworth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kim\;0\;author\;Kim\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kimball\;0\;author\;Kimball\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kindleberger\;0\;author\;Kindleberger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:King\;0\;author\;King\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kirman\;0\;author\;Kirman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Klaau\;0\;author\;Klaau\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Klein\;0\;author\;Klein\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Klemm\;0\;author\;Klemm\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Klenow\;0\;author\;Klenow\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kleven\;0\;author\;Kleven\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kocherlakota\;0\;author\;Kocherlakota\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kohler\;0\;author\;Kohler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kohn\;0\;author\;Kohn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kollmann\;0\;author\;Kollmann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Komunjer\;0\;author\;Komunjer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Koopman\;0\;author\;Koopman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Koopmans\;0\;author\;Koopmans\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kopczuk\;0\;author\;Kopczuk\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kopecky\;0\;author\;Kopecky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Korenok\;0\;author\;Korenok\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kotlikoff\;0\;author\;Kotlikoff\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krajcir\;0\;author\;Krajcir\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krane\;0\;author\;Krane\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krebs\;0\;author\;Krebs\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kreiner\;0\;author\;Kreiner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kreinin\;0\;author\;Kreinin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kremer\;0\;author\;Kremer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kreps\;0\;author\;Kreps\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krisch\;0\;author\;Krisch\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krueger\;0\;author\;Krueger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krugman\;0\;author\;Krugman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krusell\;0\;author\;Krusell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kubota\;0\;author\;Kubota\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kuhnen\;0\;author\;Kuhnen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kuttner\;0\;author\;Kuttner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kyland\;0\;author\;Kyland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:L'{o}pez-Salido\;0\;author\;L'{o}pez-Salido\;0\;0\;1\;\;\;\;; -2 KeywordGroup:L`opez-Salido\;0\;author\;L`opez-Salido\;0\;0\;1\;\;\;\;; -2 KeywordGroup:LaRoque\;0\;author\;LaRoque\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Labeaga\;0\;author\;Labeaga\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Labhard\;0\;author\;Labhard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Labonte\;0\;author\;Labonte\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laforte\;0\;author\;Laforte\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lahiri\;0\;author\;Lahiri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laibson\;0\;author\;Laibson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laitner\;0\;author\;Laitner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Landsberger\;0\;author\;Landsberger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lane\;0\;author\;Lane\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lansing\;0\;author\;Lansing\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laroque\;0\;author\;Laroque\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lau\;0\;author\;Lau\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laubach\;0\;author\;Laubach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laurens\;0\;author\;Laurens\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lawrance\;0\;author\;Lawrance\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Le Blanc\;0\;author\;Le Blanc\;0\;0\;1\;\;\;\;; -2 KeywordGroup:LeBaron\;0\;author\;LeBaron\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lea\;0\;author\;Lea\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leahy\;0\;author\;Leahy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leape\;0\;author\;Leape\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lee\;0\;author\;Lee\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lehnert\;0\;author\;Lehnert\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leicester\;0\;author\;Leicester\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leigh\;0\;author\;Leigh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leland\;0\;author\;Leland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lelbang\;0\;author\;Lelbang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lettau\;0\;author\;Lettau\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Levin\;0\;author\;Levin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Levine\;0\;author\;Levine\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leybourne\;0\;author\;Leybourne\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Li\;0\;author\;Li\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Light\;0\;author\;Light\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lillard\;0\;author\;Lillard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lindbeck\;0\;author\;Lindbeck\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lippi\;0\;author\;Lippi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Littlewood\;0\;author\;Littlewood\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Liu\;0\;author\;Liu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ljungqvist\;0\;author\;Ljungqvist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ljunqvist\;0\;author\;Ljunqvist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Loayza\;0\;author\;Loayza\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Loehlin\;0\;author\;Loehlin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Loewenstein\;0\;author\;Loewenstein\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Longhofer\;0\;author\;Longhofer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lopez\;0\;author\;Lopez\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lopez-Salido\;0\;author\;Lopez-Salido\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lorenzoni\;0\;author\;Lorenzoni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Loungani\;0\;author\;Loungani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Low\;0\;author\;Low\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lucas\;0\;author\;Lucas\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ludovit\;0\;author\;Ludovit\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ludvigson\;0\;author\;Ludvigson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ludwig\;0\;author\;Ludwig\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Luegno-Prado\;0\;author\;Luegno-Prado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Luengo-Prado\;0\;author\;Luengo-Prado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lum\;0\;author\;Lum\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lund\;0\;author\;Lund\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lupton\;0\;author\;Lupton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lusardi\;0\;author\;Lusardi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lustig\;0\;author\;Lustig\;0\;0\;1\;\;\;\;; -2 KeywordGroup:L{"}unnemann\;0\;author\;L{"}unnemann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:L{"}utkepohl\;0\;author\;L{"}utkepohl\;0\;0\;1\;\;\;\;; -2 KeywordGroup:M'{e}litz\;0\;author\;M'{e}litz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:MaCurdy\;0\;author\;MaCurdy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ma'ckowiak\;0\;author\;Ma'ckowiak\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Macaulay\;0\;author\;Macaulay\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Maccini\;0\;author\;Maccini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mach\;0\;author\;Mach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Machin\;0\;author\;Machin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Macklem\;0\;author\;Macklem\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Madrian\;0\;author\;Madrian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Maenhout\;0\;author\;Maenhout\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mailath\;0\;author\;Mailath\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Maki\;0\;author\;Maki\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Maliar\;0\;author\;Maliar\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Manchester\;0\;author\;Manchester\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mangasarian\;0\;author\;Mangasarian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mankiw\;0\;author\;Mankiw\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mansfield\;0\;author\;Mansfield\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Marcet\;0\;author\;Marcet\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mariger\;0\;author\;Mariger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Marimon\;0\;author\;Marimon\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mark\;0\;author\;Mark\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Markowitz\;0\;author\;Markowitz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Marshall\;0\;author\;Marshall\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Martin\;0\;author\;Martin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Masciandaro\;0\;author\;Masciandaro\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Masson\;0\;author\;Masson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Math{"}a\;0\;author\;Math{"}a\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mayer\;0\;author\;Mayer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McCallum\;0\;author\;McCallum\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McCarthy\;0\;author\;McCarthy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McClelland\;0\;author\;McClelland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McClure\;0\;author\;McClure\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McCullough\;0\;author\;McCullough\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McFadden\;0\;author\;McFadden\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McGrattan\;0\;author\;McGrattan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McInnes\;0\;author\;McInnes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McKendrick\;0\;author\;McKendrick\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mc{C}arthy\;0\;author\;Mc{C}arthy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Meade\;0\;author\;Meade\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Meghir\;0\;author\;Meghir\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mehra\;0\;author\;Mehra\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Menchik\;0\;author\;Menchik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mendelson\;0\;author\;Mendelson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mendoza\;0\;author\;Mendoza\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Merton\;0\;author\;Merton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mian\;0\;author\;Mian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Michaelides\;0\;author\;Michaelides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Micklethwait\;0\;author\;Micklethwait\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Micklewright\;0\;author\;Micklewright\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Miles\;0\;author\;Miles\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Milesi-Ferretti\;0\;author\;Milesi-Ferretti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Miller\;0\;author\;Miller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Minehart\;0\;author\;Minehart\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mirman\;0\;author\;Mirman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mishkin\;0\;author\;Mishkin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mitchell\;0\;author\;Mitchell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Modigliani\;0\;author\;Modigliani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Moffitt\;0\;author\;Moffitt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Moore\;0\;author\;Moore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Moreira\;0\;author\;Moreira\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Morgan\;0\;author\;Morgan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Morris\;0\;author\;Morris\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mortensen\;0\;author\;Mortensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mroz\;0\;author\;Mroz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Muellbauer\;0\;author\;Muellbauer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mukherjee\;0\;author\;Mukherjee\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mulligan\;0\;author\;Mulligan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Munshi\;0\;author\;Munshi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Murata\;0\;author\;Murata\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Murphy\;0\;author\;Murphy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Muth\;0\;author\;Muth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:M{"u}nich\;0\;author\;M{"u}nich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:M{"}uller\;0\;author\;M{"}uller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:M{"}unich\;0\;author\;M{"}unich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Naik\;0\;author\;Naik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Nakagawa\;0\;author\;Nakagawa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Natalucci\;0\;author\;Natalucci\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Neave\;0\;author\;Neave\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Nelson\;0\;author\;Nelson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Neri\;0\;author\;Neri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Newbold\;0\;author\;Newbold\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Newey\;0\;author\;Newey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ng\;0\;author\;Ng\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Nielsen\;0\;author\;Nielsen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Norman\;0\;author\;Norman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Nyberg\;0\;author\;Nyberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:O'Donoghue\;0\;author\;O'Donoghue\;0\;0\;1\;\;\;\;; -2 KeywordGroup:O'Reilly\;0\;author\;O'Reilly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:OECD\;0\;author\;OECD\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Obstfeld\;0\;author\;Obstfeld\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ogaki\;0\;author\;Ogaki\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Okun\;0\;author\;Okun\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Oliner\;0\;author\;Oliner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Olivera\;0\;author\;Olivera\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Orazem\;0\;author\;Orazem\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Orlandi\;0\;author\;Orlandi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Orphanides\;0\;author\;Orphanides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Orr\;0\;author\;Orr\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ossolinski\;0\;author\;Ossolinski\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ostergaard\;0\;author\;Ostergaard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Osterloh\;0\;author\;Osterloh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ostry\;0\;author\;Ostry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ostuka\;0\;author\;Ostuka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Oswald\;0\;author\;Oswald\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Otoo\;0\;author\;Otoo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Otsuka\;0\;author\;Otsuka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Otto\;0\;author\;Otto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ouliaris\;0\;author\;Ouliaris\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Overland\;0\;author\;Overland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Owyang\;0\;author\;Owyang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pacheco\;0\;author\;Pacheco\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Padula\;0\;author\;Padula\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pagan\;0\;author\;Pagan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Page\;0\;author\;Page\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Paiella\;0\;author\;Paiella\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Painter\;0\;author\;Painter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Palmer\;0\;author\;Palmer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Palumbo\;0\;author\;Palumbo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Panousi\;0\;author\;Panousi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Parigi\;0\;author\;Parigi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Park\;0\;author\;Park\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Parker\;0\;author\;Parker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Parkin\;0\;author\;Parkin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Passmore\;0\;author\;Passmore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Patton\;0\;author\;Patton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Paulos\;0\;author\;Paulos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pavel\;0\;author\;Pavel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pavoni\;0\;author\;Pavoni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Paxson\;0\;author\;Paxson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Peach\;0\;author\;Peach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pedroni\;0\;author\;Pedroni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Peek\;0\;author\;Peek\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pemberton\;0\;author\;Pemberton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pendakur\;0\;author\;Pendakur\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Perri\;0\;author\;Perri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Perry\;0\;author\;Perry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Perry:\;0\;author\;Perry:\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pesaran\;0\;author\;Pesaran\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pesavento\;0\;author\;Pesavento\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Petersen\;0\;author\;Petersen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pham-Kanter\;0\;author\;Pham-Kanter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Phelps\;0\;author\;Phelps\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Phillips\;0\;author\;Phillips\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Piazessi\;0\;author\;Piazessi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Piazzesi\;0\;author\;Piazzesi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Picci\;0\;author\;Picci\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pichette\;0\;author\;Pichette\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Piergiorgio\;0\;author\;Piergiorgio\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Piger\;0\;author\;Piger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pigou\;0\;author\;Pigou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pindyck\;0\;author\;Pindyck\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pinker\;0\;author\;Pinker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pischke\;0\;author\;Pischke\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pissarides\;0\;author\;Pissarides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pistaferri\;0\;author\;Pistaferri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pivetta\;0\;author\;Pivetta\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ploner\;0\;author\;Ploner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Plosser\;0\;author\;Plosser\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pollack\;0\;author\;Pollack\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Polya\;0\;author\;Polya\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Porter\;0\;author\;Porter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Porteus\;0\;author\;Porteus\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Posen\;0\;author\;Posen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Postlewaite\;0\;author\;Postlewaite\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Poterba\;0\;author\;Poterba\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Powell\;0\;author\;Powell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Prasad\;0\;author\;Prasad\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pratt\;0\;author\;Pratt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Prescott\;0\;author\;Prescott\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Preston\;0\;author\;Preston\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Price\;0\;author\;Price\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Primiceri\;0\;author\;Primiceri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pritchett\;0\;author\;Pritchett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Quadrini\;0\;author\;Quadrini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Quah\;0\;author\;Quah\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Quigley\;0\;author\;Quigley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:R'{i}os-Rull\;0\;author\;R'{i}os-Rull\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rabin\;0\;author\;Rabin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rabushka\;0\;author\;Rabushka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rajan\;0\;author\;Rajan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ramey\;0\;author\;Ramey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ramos-Francia\;0\;author\;Ramos-Francia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ramsey\;0\;author\;Ramsey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ranci`ere\;0\;author\;Ranci`ere\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ravina\;0\;author\;Ravina\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ray\;0\;author\;Ray\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rebelo\;0\;author\;Rebelo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rebucci\;0\;author\;Rebucci\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Reichlin\;0\;author\;Reichlin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Reinhart\;0\;author\;Reinhart\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Reis\;0\;author\;Reis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Reiter\;0\;author\;Reiter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Remolona\;0\;author\;Remolona\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rendahl\;0\;author\;Rendahl\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Renelt\;0\;author\;Renelt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Repetto\;0\;author\;Repetto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rhee\;0\;author\;Rhee\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Richardson\;0\;author\;Richardson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rietz\;0\;author\;Rietz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rios-Rull\;0\;author\;Rios-Rull\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Roberts\;0\;author\;Roberts\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Robinson\;0\;author\;Robinson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rodgers\;0\;author\;Rodgers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rodr'{i}guez-Clare\;0\;author\;Rodr'{i}guez-Clare\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rodrik\;0\;author\;Rodrik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rogers\;0\;author\;Rogers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rogoff\;0\;author\;Rogoff\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Romer\;0\;author\;Romer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rosen\;0\;author\;Rosen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rosenzweig\;0\;author\;Rosenzweig\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rossi\;0\;author\;Rossi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rossi-Hansberg\;0\;author\;Rossi-Hansberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rotemberg\;0\;author\;Rotemberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Roth\;0\;author\;Roth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rothenberg\;0\;author\;Rothenberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rothschild\;0\;author\;Rothschild\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rudd\;0\;author\;Rudd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rudebusch\;0\;author\;Rudebusch\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Runciman\;0\;author\;Runciman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Runkle\;0\;author\;Runkle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rutstr"{o}m\;0\;author\;Rutstr"{o}m\;0\;0\;1\;\;\;\;; -2 KeywordGroup:SRBA\;0\;author\;SRBA\;0\;0\;1\;\;\;\;; -2 KeywordGroup:S/orensen\;0\;author\;S/orensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sabelhaus\;0\;author\;Sabelhaus\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sachs\;0\;author\;Sachs\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Saez\;0\;author\;Saez\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sahm\;0\;author\;Sahm\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sala-i-Martin\;0\;author\;Sala-i-Martin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Samiei\;0\;author\;Samiei\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sammartino\;0\;author\;Sammartino\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Samuelson\;0\;author\;Samuelson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Samwick\;0\;author\;Samwick\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sandmo\;0\;author\;Sandmo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sandri\;0\;author\;Sandri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Santa-Clara\;0\;author\;Santa-Clara\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sapienza\;0\;author\;Sapienza\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sargent\;0\;author\;Sargent\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sarin\;0\;author\;Sarin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sastre\;0\;author\;Sastre\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schechtman\;0\;author\;Schechtman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schectman\;0\;author\;Schectman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Scheinkman\;0\;author\;Scheinkman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schmidt-Hebbel\;0\;author\;Schmidt-Hebbel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schneider\;0\;author\;Schneider\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schoenholtz\;0\;author\;Schoenholtz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Scholz\;0\;author\;Scholz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schorfheide\;0\;author\;Schorfheide\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sch{"u}ndeln\;0\;author\;Sch{"u}ndeln\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sch{"}undeln\;0\;author\;Sch{"}undeln\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Scorcu\;0\;author\;Scorcu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Scott\;0\;author\;Scott\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Seater\;0\;author\;Seater\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Segalotto\;0\;author\;Segalotto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sen\;0\;author\;Sen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Serv'{e}n\;0\;author\;Serv'{e}n\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Serv{'e}n\;0\;author\;Serv{'e}n\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sethi\;0\;author\;Sethi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shapiro\;0\;author\;Shapiro\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shea\;0\;author\;Shea\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shefrin\;0\;author\;Shefrin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sheiner\;0\;author\;Sheiner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sheng\;0\;author\;Sheng\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shiller\;0\;author\;Shiller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shin\;0\;author\;Shin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shirvani\;0\;author\;Shirvani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shleifer\;0\;author\;Shleifer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shore\;0\;author\;Shore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sibley\;0\;author\;Sibley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sichel\;0\;author\;Sichel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Siegel\;0\;author\;Siegel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Siklos\;0\;author\;Siklos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Simon\;0\;author\;Simon\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Simoniv{c}\;0\;author\;Simoniv{c}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sims\;0\;author\;Sims\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sinai\;0\;author\;Sinai\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sirovatka\;0\;author\;Sirovatka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Skinner\;0\;author\;Skinner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Skyt Nielsen\;0\;author\;Skyt Nielsen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Slacalek\;0\;author\;Slacalek\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Slemrod\;0\;author\;Slemrod\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Slifman\;0\;author\;Slifman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Slok\;0\;author\;Slok\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sl{o}k\;0\;author\;Sl{o}k\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Smets\;0\;author\;Smets\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Smith\;0\;author\;Smith\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Solow\;0\;author\;Solow\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sommer\;0\;author\;Sommer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Song\;0\;author\;Song\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sorensen\;0\;author\;Sorensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Souleles\;0\;author\;Souleles\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sousa\;0\;author\;Sousa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stachurski\;0\;author\;Stachurski\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stadt\;0\;author\;Stadt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stafford\;0\;author\;Stafford\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Staiger\;0\;author\;Staiger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stanton\;0\;author\;Stanton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Starr-McCluer\;0\;author\;Starr-McCluer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Startz\;0\;author\;Startz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Steindel\;0\;author\;Steindel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sterne\;0\;author\;Sterne\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stigler\;0\;author\;Stigler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stock\;0\;author\;Stock\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stocker\;0\;author\;Stocker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stockman\;0\;author\;Stockman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stokey\;0\;author\;Stokey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Storesletten\;0\;author\;Storesletten\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Strotz\;0\;author\;Strotz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Subramanian\;0\;author\;Subramanian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Suen\;0\;author\;Suen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sufi\;0\;author\;Sufi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sukiassyan\;0\;author\;Sukiassyan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Summers\;0\;author\;Summers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sunde\;0\;author\;Sunde\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Svejnar\;0\;author\;Svejnar\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Swanson\;0\;author\;Swanson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Szeidl\;0\;author\;Szeidl\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tabellini\;0\;author\;Tabellini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Takehara\;0\;author\;Takehara\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tan\;0\;author\;Tan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tauchen\;0\;author\;Tauchen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tayler\;0\;author\;Tayler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Telmer\;0\;author\;Telmer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Teppa\;0\;author\;Teppa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Terlizzese\;0\;author\;Terlizzese\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Terrell\;0\;author\;Terrell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Terrones\;0\;author\;Terrones\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thaler\;0\;author\;Thaler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thimann\;0\;author\;Thimann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thomas Jr.\;0\;author\;Thomas Jr.\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thompson\;0\;author\;Thompson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thomson\;0\;author\;Thomson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Timmermann\;0\;author\;Timmermann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tinsley\;0\;author\;Tinsley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tlusty\;0\;author\;Tlusty\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tobacman\;0\;author\;Tobacman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tobin\;0\;author\;Tobin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Toche\;0\;author\;Toche\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tokuoka\;0\;author\;Tokuoka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Toma\;0\;author\;Toma\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Topel\;0\;author\;Topel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Torralba\;0\;author\;Torralba\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Townsend\;0\;author\;Townsend\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Trabandt\;0\;author\;Trabandt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tremblay\;0\;author\;Tremblay\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Trimbur\;0\;author\;Trimbur\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Trump\;0\;author\;Trump\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tullio Jappelli\;0\;author\;Tullio Jappelli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Turnovsky\;0\;author\;Turnovsky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tuttle\;0\;author\;Tuttle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tuzel\;0\;author\;Tuzel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Uccello\;0\;author\;Uccello\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Uhlig\;0\;author\;Uhlig\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Urich\;0\;author\;Urich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Uzawa\;0\;author\;Uzawa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Valderrama\;0\;author\;Valderrama\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Valencia\;0\;author\;Valencia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Valkanov\;0\;author\;Valkanov\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Valli\;0\;author\;Valli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Van Reenen\;0\;author\;Van Reenen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Veblen\;0\;author\;Veblen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Venti\;0\;author\;Venti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ventura\;0\;author\;Ventura\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Vermulen\;0\;author\;Vermulen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Viard\;0\;author\;Viard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Viceira\;0\;author\;Viceira\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Violante\;0\;author\;Violante\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Vissing-Jorgensen\;0\;author\;Vissing-Jorgensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Vodopivec\;0\;author\;Vodopivec\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Voss\;0\;author\;Voss\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wachtel\;0\;author\;Wachtel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wachter\;0\;author\;Wachter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wagner\;0\;author\;Wagner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wakker\;0\;author\;Wakker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wan\;0\;author\;Wan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wansbeek\;0\;author\;Wansbeek\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ward\;0\;author\;Ward\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Watanabe\;0\;author\;Watanabe\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Watson\;0\;author\;Watson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Watts\;0\;author\;Watts\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weber\;0\;author\;Weber\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wei\;0\;author\;Wei\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weibull\;0\;author\;Weibull\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weil\;0\;author\;Weil\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weinberg\;0\;author\;Weinberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weiner\;0\;author\;Weiner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weise\;0\;author\;Weise\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weiss\;0\;author\;Weiss\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Welch\;0\;author\;Welch\;0\;0\;1\;\;\;\;; -2 KeywordGroup:West\;0\;author\;West\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weth\;0\;author\;Weth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Whelan\;0\;author\;Whelan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:White\;0\;author\;White\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wiederholt\;0\;author\;Wiederholt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wilbratte\;0\;author\;Wilbratte\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wilcox\;0\;author\;Wilcox\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wilhelm\;0\;author\;Wilhelm\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Willen\;0\;author\;Willen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Williams\;0\;author\;Williams\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Williamson\;0\;author\;Williamson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Willis\;0\;author\;Willis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Willman\;0\;author\;Willman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wilson\;0\;author\;Wilson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wincoop\;0\;author\;Wincoop\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Winkler\;0\;author\;Winkler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wirjanto\;0\;author\;Wirjanto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wolfers\;0\;author\;Wolfers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wolman\;0\;author\;Wolman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Woodford\;0\;author\;Woodford\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wooldridge\;0\;author\;Wooldridge\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Working\;0\;author\;Working\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wouters\;0\;author\;Wouters\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wright\;0\;author\;Wright\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Xia\;0\;author\;Xia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Xiong\;0\;author\;Xiong\;0\;0\;1\;\;\;\;; -2 KeywordGroup:YEO\;0\;author\;YEO\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yamashita\;0\;author\;Yamashita\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yang\;0\;author\;Yang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yao\;0\;author\;Yao\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yaron\;0\;author\;Yaron\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yellen\;0\;author\;Yellen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yetman\;0\;author\;Yetman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yogo\;0\;author\;Yogo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yosha\;0\;author\;Yosha\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Young\;0\;author\;Young\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yuen\;0\;author\;Yuen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zechner\;0\;author\;Zechner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zeldes\;0\;author\;Zeldes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zeldes.\;0\;author\;Zeldes.\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zervos\;0\;author\;Zervos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zhang\;0\;author\;Zhang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zhou\;0\;author\;Zhou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zhu\;0\;author\;Zhu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zingales\;0\;author\;Zingales\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zivot\;0\;author\;Zivot\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zizlavsky\;0\;author\;Zizlavsky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zou\;0\;author\;Zou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zumer\;0\;author\;Zumer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:url{www.mortality.org}\;0\;author\;url{www.mortality.org}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Annika Sunden}\;0\;author\;{Annika Sunden}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Atkinson, Anthony B.}\;0\;author\;{Atkinson, Anthony B.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Auerbach, Alan J.}\;0\;author\;{Auerbach, Alan J.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Biv c'akov'a}\;0\;author\;{Biv c'akov'a}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Bizer, David S.}\;0\;author\;{Bizer, David S.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Board of Governors of the Federal Reserve System}\;0\;author\;{Board of Governors of the Federal Reserve System}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Browning, Martin}\;0\;author\;{Browning, Martin}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Bureau of Economic Analysis}\;0\;author\;{Bureau of Economic Analysis}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Bureau{~}of{~}Labor{~}Statistics}\;0\;author\;{Bureau{~}of{~}Labor{~}Statistics}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Campbell, John Y.}\;0\;author\;{Campbell, John Y.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Christiano, Lawrence J.}\;0\;author\;{Christiano, Lawrence J.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Christina H. Paxson}\;0\;author\;{Christina H. Paxson}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Council of Economic Advisers}\;0\;author\;{Council of Economic Advisers}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Council~of~Economic~Advisers}\;0\;author\;{Council~of~Economic~Advisers}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{David Renelt}\;0\;author\;{David Renelt}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Deaton, Angus S.}\;0\;author\;{Deaton, Angus S.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Del Negro}\;0\;author\;{Del Negro}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Den Haan}\;0\;author\;{Den Haan}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Diane L. Rogers}\;0\;author\;{Diane L. Rogers}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Edward C. Prescott}\;0\;author\;{Edward C. Prescott}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{European Central Bank}\;0\;author\;{European Central Bank}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Fullerton, Don}\;0\;author\;{Fullerton, Don}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Galuv sv c'ak}\;0\;author\;{Galuv sv c'ak}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Geoffrey Heal}\;0\;author\;{Geoffrey Heal}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Gill,~P.~E., W.~Murray}\;0\;author\;{Gill,~P.~E., W.~Murray}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Harald Uhlig}\;0\;author\;{Harald Uhlig}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{International Monetary Fund}\;0\;author\;{International Monetary Fund}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{J. Burbridge}\;0\;author\;{J. Burbridge}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Jones, L.~E., Rodolfo E.~Manuelli}\;0\;author\;{Jones, L.~E., Rodolfo E.~Manuelli}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Joseph E. Stiglitz}\;0\;author\;{Joseph E. Stiglitz}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Jurajda}\;0\;author\;{Jurajda}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Kenneth L. Judd}\;0\;author\;{Kenneth L. Judd}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Kennickell, Arthur B.}\;0\;author\;{Kennickell, Arthur B.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{King, Robert G.}\;0\;author\;{King, Robert G.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Kydland, Finn E.}\;0\;author\;{Kydland, Finn E.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Laurence J. Kotlikoff}\;0\;author\;{Laurence J. Kotlikoff}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Levine, Ross E.}\;0\;author\;{Levine, Ross E.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Lucas, Robert E.}\;0\;author\;{Lucas, Robert E.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Luengo-Prado}\;0\;author\;{Luengo-Prado}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{M.~H.~Wright}\;0\;author\;{M.~H.~Wright}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Martin Eichenbaum}\;0\;author\;{Martin Eichenbaum}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Milesi-Ferretti, Gian~Maria}\;0\;author\;{Milesi-Ferretti, Gian~Maria}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Mulligan, Casey B.}\;0\;author\;{Mulligan, Casey B.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Nelson, Charles R.}\;0\;author\;{Nelson, Charles R.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Nouriel Roubini}\;0\;author\;{Nouriel Roubini}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Osterwald--Lenum}\;0\;author\;{Osterwald--Lenum}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{P.~E.~Rossi}\;0\;author\;{P.~E.~Rossi}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Parente, Steven L.}\;0\;author\;{Parente, Steven L.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Ryder, Harl}\;0\;author\;{Ryder, Harl}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{So rensen}\;0\;author\;{So rensen}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Sala-i-Martin}\;0\;author\;{Sala-i-Martin}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Sergio T. Rebelo}\;0\;author\;{Sergio T. Rebelo}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Slav c'alek}\;0\;author\;{Slav c'alek}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Slav'i k}\;0\;author\;{Slav'i k}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Sl{o}k}\;0\;author\;{Sl{o}k}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Staiger, Douglas}\;0\;author\;{Staiger, Douglas}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Stokey, Nancy L.}\;0\;author\;{Stokey, Nancy L.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Survey of Consumer Finances}\;0\;author\;{Survey of Consumer Finances}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Taylor, John B.}\;0\;author\;{Taylor, John B.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Van Nieuwerburgh}\;0\;author\;{Van Nieuwerburgh}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Van Reenen}\;0\;author\;{Van Reenen}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Vissing-Jo rgensen}\;0\;author\;{Vissing-Jo rgensen}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Xavier Sala-i-Martin}\;0\;author\;{Xavier Sala-i-Martin}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Zubrick'y}\;0\;author\;{Zubrick'y}\;0\;0\;1\;\;\;\;; -1 StaticGroup:Flavin\;0\;1\;\;\;\;; -1 KeywordGroup:JirkasEntries\;0\;owner\;jirka\;0\;0\;1\;\;\;\;; -} - -@Comment{jabref-meta: groupsversion: -3; -} - -@Comment{jabref-meta: selector_Author:Norman;} - -@Comment{jabref-meta: selector_author:Norman;} - -@Comment{jabref-entrytype: Header: req[] opt[]} - -@Comment{jabref-entrytype: Inprogress: req[author;title;year;journal] opt[]} - -@string{aer = {american economic review}} - -@string{aerpp = {american economic review (papers and proceedings)}} - -@string{bell = {bell journal of economics}} - -@string{bibrary = {/volumes/sync/dropbox/bib/raw/bycitekey/}} - -@string{bje = {bell journal of economics}} - -@string{bpea = {brookings papers on economic activity}} - -@string{cr = {carnegie-rochester conference series on public policy}} - -@string{crcs = {carnegie-rochester conference series on public policy}} - -@string{eer = {european economic review}} - -@string{el = {economics letters}} - -@string{ema = {econometrica}} - -@string{games = {games and economic behavior}} - -@string{jbes = {journal of business and economic statistics}} - -@string{je = {journal of econometrics}} - -@string{jedc = {journal of economic dynamics and control}} - -@string{jel = {journal of economic literature}} - -@string{jep = {journal of economic perspectives}} - -@string{jet = {journal of economic theory}} - -@string{jf = {journal of finance}} - -@string{jfe = {journal of financial economics}} - -@string{jhr = {journal of human resources}} - -@string{jle = {journal of law and economics}} - -@string{jmcb = {journal of money, credit, and banking}} - -@string{jme = {journal of monetary economics}} - -@string{jmetrics = {journal of econometrics}} - -@string{jole = {journal of labor economics}} - -@string{jpe = {journal of political economy}} - -@string{jpube = {journal of public economics}} - -@string{md = {macroeconomic dynamics}} - -@string{mlr = {monthly labor review}} - -@string{nberma = {n.b.e.r. macroeconomics annual}} - -@string{nberwp = {national bureau of economic research working paper}} - -@string{qje = {quarterly journal of economics}} - -@string{rand = {rand journal of economics}} - -@string{restat = {review of economics and statistics}} - -@string{restud = {review of economic studies}} - -@string{rfs = {review of financial studies}} - -@string{rje = {rand journal of economics}} diff --git a/docs/NARK/Resources/texmf-local/bibtex/bst/econtex.bst b/docs/NARK/Resources/texmf-local/bibtex/bst/econtex.bst deleted file mode 100755 index 2b949e48f..000000000 --- a/docs/NARK/Resources/texmf-local/bibtex/bst/econtex.bst +++ /dev/null @@ -1,1294 +0,0 @@ -%%% BEJournals Bibliography Style -%%% Modified from econometrica.bst by KCB (see documentation below) -%%% Modified by Christopher Carroll to print full names of authors when available rather than initials -%%% For use with harvard.sty and LaTeX2e (NFSS) or LaTeX 2.09 -%%% 24-aug-94 -%%% -%%% Based on makebst, but with modifications by -%%% kcb@hss.caltech.edu (KC Border) -%%% Please report any problems to me. -%%% -%%% The main changes from the ouput of makebst are: -%%% 1. Addition of a function to replace repeated authors with a 3 em dash. -%%% (Search for compare.names, this function is portable.) -%%% 2. Modification of output.nonnull to allow commas inside quotation marks -%%% and no comma after year. -%%% 3.Eliminated feature (bug?) of the harvard style of citation. -%%% It creates a short label for subsequent citations. This alleged -%%% feature shortens both Aliprantis, Border, and Luxemburg (1991) and -%%% Aliprantis, Brown, and Burkinshaw (1991) to Aliprantis et~al. (1991). -%%% This creates the need to label these as -%%% Aliprantis, Border, and Luxemburg (1991a) and -%%% Aliprantis, Brown, and Burkinshaw (1991b), despite the fact -%%% that these entries have different authors. I used my own format -%%% for creating the labels, and used the same label for -%%% both the short and long forms. I know that the -%%% _Chicago_Manual_of_Style recommends using Aliprantis et~al, -%% but Econometrica regularly writes out three authors, -%% and it is rare to cite an article with more than four authors in -%%% Econometrica. (I couldn't find an example of even four being cited, -%%% but I didn't spend a lot of time looking.) -%%% 4. Addition of macros to handle editions. (My own idiosycracy.) -%%% 5. A new entry type called issue for special issues of a journal. -%%% (Another idiosyncracy.) -%%% 6. Many details to conform to Econometrica's quirks. -%%% (Search for KCB ) -%%% 7. I wrote this for use with LaTeX2e and the NFSS2. However, I did -%%% add some macros so it will work with LaTeX 2.09. -%%% (Search for \ifx\undefined\emph ) -%%% The remainder of this file was generated by makebst, except for -%%% modifications marked with KCB. -%% -%% This is file `em.bst', generated -%% on <1994/8/17> with the docstrip utility (2.2h). -%% -%% The original source files were: -%% -%% genbst.mbs (with options: `ay,har,nm-rev1,nmft-sc,dt-beg,yr-par,tit-qq,atit-u,thtit-a,volp-com,edby,blk-com,pp,ed,abr,and-com,nfss') -%% ---------------------------------------- -%% *** Econometrica style *** -%% -%% (Here are the specifications of the source file) -%% \def\filename{genbst.mbs} -%% \def\filedate{1994 July 1} -%% \def\fileversion{1.3} -%% For use with BibTeX version 0.99a or later, LaTeX version 2.09 -%%------------------------------------------------------------------- -%% NOTICE: -%% This file may be used for non-profit purposes. -%% It may not be distributed in exchange for money, -%% other than distribution costs. -%% -%% The author provides it `as is' and does not guarantee it in any way. -%% -%% Copyright (C) 1994 Patrick W. Daly -%% Max-Planck-Institut f\"ur Aeronomie -%% Postfach 20 -%% D-37189 Katlenburg-Lindau -%% Germany -%% -%% E-mail: -%% SPAN-- nsp::linmpi::daly (note nsp also known as ecd1) -%% Internet-- daly@linmpi.dnet.gwdg.de -%%----------------------------------------------------------- -%% \CharacterTable -%% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z -%% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z -%% Digits \0\1\2\3\4\5\6\7\8\9 -%% Exclamation \! Double quote \" Hash (number) \# -%% Dollar \$ Percent \% Ampersand \& -%% Acute accent \' Left paren \( Right paren \) -%% Asterisk \* Plus \+ Comma \, -%% Minus \- Point \. Solidus \/ -%% Colon \: Semicolon \; Less than \< -%% Equals \= Greater than \> Question mark \? -%% Commercial at \@ Left bracket \[ Backslash \\ -%% Right bracket \] Circumflex \^ Underscore \_ -%% Grave accent \` Left brace \{ Vertical bar \| -%% Right brace \} Tilde \~} -%%--------------------------------------------------------------------- - % This is an author-year citation style bibliography. As such, it is - % non-standard LaTeX, and requires a style option to function properly. - % The appropriate style file is: harvard.sty - % The form of the bibitem entries is - % \harvarditem[Jones et al.]{Jones, Baker, and Smith}{1990}{key}... - % There are style changes that may be specified in the text with - % the command \citationstyle. - % \citeasnoun{key} ==>> Jones et al. (1990) - % \cite{key} ==>> (Jones et al. 1990) - % \cite[chap. 2]{key} ==>> (Jones et al. 1990, chap. 2) - % On the first citation of any work, the full author list is used. -%%--------------------------------------------------------------------- - -ENTRY - { address - author - booktitle - chapter - edition - editor - howpublished - institution - journal - key - month - note - number - organization - pages - publisher - school - series - title - type - volume - year - } - {} - { label extra.label sort.label } %%%KCB: removed long.label - -INTEGERS { output.state before.all mid.sentence after.sentence after.block } - -%%%KCB: new output state, no.comma -INTEGERS { no.comma} - -FUNCTION {init.state.consts} -{ #0 'before.all := - #1 'mid.sentence := - #2 'after.sentence := - #3 'after.block := - #4 'no.comma := %%%KCB -} - -STRINGS { s t } - - -%%%KCB: revise to use new output state -FUNCTION {output.nonnull} -{ 's := - output.state no.comma = %%%KCB: if in this state, write a space - { " " * write$ before.all 'output.state := } %%%KCB - { output.state mid.sentence = %%%KCB: add brace at beginning - { ", " * write$ } - { output.state after.block = - { add.period$ write$ - newline$ - "\newblock " write$ - } - { output.state before.all = - 'write$ - { add.period$ " " * write$ } - if$ - } - if$ - } - if$ - mid.sentence 'output.state := - } %%%KCB: matching brace - if$ %%%KCB: test for no.comma state - s -} - -FUNCTION {output} -{ duplicate$ empty$ - 'pop$ - 'output.nonnull - if$ -} - -FUNCTION {output.check} -{ 't := - duplicate$ empty$ - { pop$ "empty " t * " in " * cite$ * warning$ } - 'output.nonnull - if$ -} - -FUNCTION {output.bibitem} -{ newline$ - "\harvarditem[" write$ - label write$ - "]{" label * "}{" * write$ %%%KCB: replaced long.label with label - year duplicate$ empty$ - { pop$ "????" } - 'skip$ - if$ - extra.label * "}{" * write$ - cite$ write$ - "}" write$ - newline$ - "" - before.all 'output.state := -} - -FUNCTION {fin.entry} -{ add.period$ - write$ - newline$ -} - -FUNCTION {new.block} -{ output.state before.all = - 'skip$ - { after.block 'output.state := } - if$ -} - -FUNCTION {new.sentence} -{ output.state after.block = - 'skip$ - { output.state before.all = - 'skip$ - { after.sentence 'output.state := } - if$ - } - if$ -} - -FUNCTION {not} -{ { #0 } - { #1 } - if$ -} - -FUNCTION {and} -{ 'skip$ - { pop$ #0 } - if$ -} - -FUNCTION {or} -{ { pop$ #1 } - 'skip$ - if$ -} - -FUNCTION {new.block.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.block - if$ -} - -FUNCTION {field.or.null} -{ duplicate$ empty$ - { pop$ "" } - 'skip$ - if$ -} - -FUNCTION {emphasize} -{ duplicate$ empty$ - { pop$ "" } - { "\emph{" swap$ * "}" * } - if$ -} - -INTEGERS { nameptr namesleft numnames } - -%%%KCB: Here is a portable set of routines to check for repeated authors -%%% and replace them with a 3 em dash -%%% According to _Chicago_Manual_of_Style_, a dash is used to -%%% replace an author's name only if the entire list is the same, so: -%%% Compare names. See if prev.name is identical to CurrList. -%%% If not, then just output CurrList. -%%% If so, replace with \BySame -%%% I use a conservative matching scheme, -%%% and check to see if full names are identical, -%%% even though we only use initials. -%%% This may mean that you have to correct your .bib database -%%% to ensure consistency. -%%% -%%% sample usage: -%%% search for {format.author} - -INTEGERS {currNum prevNum} - -STRINGS {PrevList CurrList prev.name PrevTemp CurrTemp} - -%%%KCB: Initialize prev.name ot some nonsense string: - -FUNCTION {init.prev.name} -{ -"My puppy Harley" 'prev.name := -} - -%%%KCB: Must EXECUTE {init.prev.name} after READ - -%%%KCB: compare.names -FUNCTION {compare.names} -{ prev.name 'PrevList := - duplicate$ 'prev.name := % make current list the new previous list - 'CurrList := - PrevList num.names$ 'prevNum := - CurrList num.names$ 'currNum := -% - prevNum currNum = %% If prevNum = currNum - { "" 'PrevTemp := %% Then take this branch - "" 'CurrTemp := - #1 'nameptr := %%% start with first name in each list - { nameptr prevNum > not }%% while nameptr <= prevNum -%% Format both lists the same way. -%% Use full names: bib file might need to be corrected - { - PrevList nameptr "{ff }{vv~}{ll}{ jj}" format.name$ PrevTemp * 'PrevTemp := - CurrList nameptr "{ff }{vv~}{ll}{ jj}" format.name$ CurrTemp * 'CurrTemp := - nameptr #1 + 'nameptr := } - while$ -%% Now compare : - PrevTemp CurrTemp = %% If PrevTemp = CurrTemp - { "\BySame{}" } - { CurrList } - if$ - } - { CurrList } %% If not prevNum = currNum - if$ %% If prevNum = currNum -} - -%%% -%%% -%%%KCB: End of new routine. - - -FUNCTION {format.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { s nameptr "{ff~}{vv~}{ll}{, jj}" format.name$ 't := } - { s nameptr "{vv~}{ll}{, jj}{, ff}" format.name$ 't := } - if$ - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - ", " * - t "others" = - { " et~al." * } - { " {and} " * t * } %%%CDC: removed \small - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - - -FUNCTION {format.names.ed} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr - "{ff~}{vv~}{ll}{, jj}" - format.name$ 't := - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - ", " * - t "others" = - { " et~al." * } - { " {and} " * t * } %%%CDC: removed \small - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {format.key} -{ empty$ - { key field.or.null } - { "" } - if$ -} - -FUNCTION {format.authors} -{ author empty$ - { "" } - { "\textsc{" author compare.names format.names * "} " * } - if$ -} - -FUNCTION {format.editors} -{ editor empty$ - { "" } - { "\textsc{" editor compare.names format.names * " }" * - editor num.names$ #1 > - { " (eds.)" * } - { " (ed.)" * } - if$ - } - if$ -} - -FUNCTION {format.in.editors} -{ editor empty$ - { "" } - { editor format.names.ed - } - if$ -} - -FUNCTION {format.title} -{ title empty$ - { "" } - { title - "``" swap$ * ",'' " * - } -no.comma 'output.state := %%%KCB: - if$ -} - -FUNCTION {n.dashify} -{ 't := - "" - { t empty$ not } - { t #1 #1 substring$ "-" = - { t #1 #2 substring$ "--" = not - { "--" * - t #2 global.max$ substring$ 't := - } - { { t #1 #1 substring$ "-" = } - { "-" * - t #2 global.max$ substring$ 't := - } - while$ - } - if$ - } - { t #1 #1 substring$ * - t #2 global.max$ substring$ 't := - } - if$ - } - while$ -} - -FUNCTION {word.in} -{ "in " } - -FUNCTION {format.date} -{ year duplicate$ empty$ - { "empty year in " cite$ * "; set to ????" * warning$ - pop$ "????" } - 'skip$ - if$ - " (" swap$ * extra.label * "):" * %%%KCB: added : - before.all 'output.state := %%%KCB: -} - -FUNCTION {format.btitle} -{ title emphasize -no.comma 'output.state := %%%KCB: -} - -FUNCTION {tie.or.space.connect} -{ duplicate$ text.length$ #3 < - { "~" } - { " " } - if$ - swap$ * * -} - -FUNCTION {either.or.check} -{ empty$ - 'pop$ - { "can't use both " swap$ * " fields in " * cite$ * warning$ } - if$ -} - -FUNCTION {format.bvolume} -{ volume empty$ - { "" } - { "vol." volume tie.or.space.connect - series empty$ - 'skip$ - { " of " * series emphasize * } - if$ - "volume and number" number either.or.check - } - if$ -} - -FUNCTION {format.number.series} -{ volume empty$ - { number empty$ - { series field.or.null } - { output.state mid.sentence = - { "no." } - { "No." } - if$ - number tie.or.space.connect - series empty$ - { "there's a number but no series in " cite$ * warning$ } - { " in " * series * } - if$ - } - if$ - } - { "" } - if$ -} - -FUNCTION {format.edition} -{ edition empty$ - { "" } - { output.state mid.sentence = - { edition "l" change.case$ " edn." * } - { edition "t" change.case$ " edn." * } - if$ - } - if$ -} - -INTEGERS { multiresult } - -FUNCTION {multi.page.check} -{ 't := - #0 'multiresult := - { multiresult not - t empty$ not - and - } - { t #1 #1 substring$ - duplicate$ "-" = - swap$ duplicate$ "," = - swap$ "+" = - or or - { #1 'multiresult := } - { t #2 global.max$ substring$ 't := } - if$ - } - while$ - multiresult -} - -FUNCTION {format.pages} -{ pages empty$ - { "" } - { pages multi.page.check - { "pp." pages n.dashify tie.or.space.connect } - { "p." pages tie.or.space.connect } - if$ - } - if$ -} - -FUNCTION {format.vol.num.pages} -{ volume field.or.null - number empty$ - 'skip$ - { "(" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - pages empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.pages } - { ", " * pages n.dashify * } - if$ - } - if$ -} - -FUNCTION {format.chapter.pages} -{ chapter empty$ - 'format.pages - { type empty$ - { "chap." } - { type "l" change.case$ } - if$ - chapter tie.or.space.connect - pages empty$ - 'skip$ - { ", " * format.pages * } - if$ - } - if$ -} - -FUNCTION {format.in.ed.booktitle} -{ booktitle empty$ - { "" } - { editor empty$ - { word.in booktitle emphasize * } - { word.in booktitle emphasize * ", ed. by " * %%%KCB: abbrv ed. - format.in.editors * } - if$ - } - if$ -} - -FUNCTION {format.thesis.type} -{ type empty$ - 'skip$ - { pop$ - type "t" change.case$ - } - if$ -} - -FUNCTION {format.tr.number} -{ type empty$ - { "Discussion Paper" } %%%KCB: changed default - 'type - if$ - number empty$ - { "t" change.case$ } - { number tie.or.space.connect } - if$ -} - -FUNCTION {format.article.crossref} -{ - word.in - "\cite{" * crossref * "}" * -} - -FUNCTION {format.book.crossref} -{ volume empty$ - { "empty volume in " cite$ * "'s crossref of " * crossref * warning$ - word.in - } - { "vol." volume tie.or.space.connect - " of " * - } - if$ - "\cite{" * crossref * "}" * -} - -FUNCTION {format.incoll.inproc.crossref} -{ - word.in - "\cite{" * crossref * "}" * -} - -FUNCTION {article} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {book} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - format.date "year" output.check - format.btitle "title" output.check - mid.sentence 'output.state := %%%KCB: - crossref missing$ - { format.bvolume output - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { - format.book.crossref output.nonnull - } - if$ - format.edition output - note output - fin.entry -} - -FUNCTION {booklet} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.title "title" output.check - howpublished output - address output - note output - fin.entry -} - -FUNCTION {inbook} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - format.date "year" output.check - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - format.chapter.pages "chapter and pages" output.check - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { format.chapter.pages "chapter and pages" output.check - format.book.crossref output.nonnull - } - if$ - format.edition output - note output - fin.entry -} - -FUNCTION {incollection} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.chapter.pages output - new.sentence - publisher "publisher" output.check - address output - format.edition output - } - { format.incoll.inproc.crossref output.nonnull - format.chapter.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {inproceedings} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.pages output - address output - new.sentence - organization output - publisher output - } - { format.incoll.inproc.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {conference} { inproceedings } - -%%%KCB: special issue of a journal with a special editor - -FUNCTION {issue} -{ output.bibitem - format.editors output - editor format.key output - format.date "year" output.check - format.btitle "title" output.check - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {manual} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.btitle "title" output.check - organization output - address output - format.edition output - note output - fin.entry -} - -FUNCTION {mastersthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - "Master's thesis" format.thesis.type output.nonnull - school "school" output.check - address output - note output - fin.entry -} - -FUNCTION {misc} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.title output - howpublished output - note output - fin.entry -} - -FUNCTION {phdthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - "Ph.D. thesis" format.thesis.type output.nonnull - school "school" output.check - address output - note output - fin.entry -} - -FUNCTION {proceedings} -{ output.bibitem - format.editors output - editor format.key output - format.date "year" output.check - format.btitle "title" output.check - format.bvolume output - format.number.series output - address output - new.sentence - organization output - publisher output - note output - fin.entry -} - -FUNCTION {techreport} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - format.tr.number output.nonnull - institution "institution" output.check - address output - note output - fin.entry -} - -FUNCTION {unpublished} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - note "note" output.check - fin.entry -} - -FUNCTION {default.type} { misc } - -MACRO {jan} {"January"} - -MACRO {feb} {"February"} - -MACRO {mar} {"March"} - -MACRO {apr} {"April"} - -MACRO {may} {"May"} - -MACRO {jun} {"June"} - -MACRO {jul} {"July"} - -MACRO {aug} {"August"} - -MACRO {sep} {"September"} - -MACRO {oct} {"October"} - -MACRO {nov} {"November"} - -MACRO {dec} {"December"} - -%%%KCB: removed computer science journal macros -%%%KCB: added following macros for editions -MACRO {first} {"1st "} -MACRO {second} {"2d "} -MACRO {third} {"3d "} -MACRO {fourth} {"4th "} -MACRO {fifth} {"5th "} -MACRO {sixth} {"6th"} -MACRO {seventh} {"7th "} -MACRO {eighth} {"8th "} -MACRO {ninth} {"9th "} -MACRO {tenth} {"10th "} - -READ - -FUNCTION {sortify} -{ purify$ - "l" change.case$ -} - -INTEGERS { len } - -FUNCTION {chop.word} -{ 's := - 'len := - s #1 len substring$ = - { s len #1 + global.max$ substring$ } - 's - if$ -} - - -%%%KCB: Change format of labels: -FUNCTION {format.lab.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr "{vv~}{ll}" format.name$ 't := - nameptr #1 > - { namesleft #1 > - { ", " * t * } - { numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -%%%KCB: removed FUNCTION {format.long.lab.names} - -FUNCTION {author.key.label} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.editor.key.label} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {editor.key.label} -{ editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ -} - -%%%KCB: use entire year field as label - -FUNCTION {calc.label} -{ type$ "book" = - type$ "inbook" = - or - type$ "issue" = %%%KCB: need for new entry type - or %%%KCB - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.label - 'author.key.label - if$ - } - if$ - ", " - * - year field.or.null - * - 'label := -} - -FUNCTION {calc.short.label} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.label - 'author.key.label - if$ - } - if$ - 'label := -} - -%%%KCB: removed FUNCTION {calc.long.label} - -FUNCTION {sort.format.names} -{ 's := - #1 'nameptr := - "" - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { " " * } - 'skip$ - if$ - s nameptr - "{vv{ } }{ll{ }}{ f{ }}{ jj{ }}" - format.name$ 't := - nameptr numnames = t "others" = and - { "et al" * } - { t sortify * } - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {sort.format.title} -{ 't := - "A " #2 - "An " #3 - "The " #4 t chop.word - chop.word - chop.word - sortify - #1 global.max$ substring$ -} - -FUNCTION {author.sort} -{ author empty$ - { key empty$ - { "to sort, need author or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.editor.sort} -{ author empty$ - { editor empty$ - { key empty$ - { "to sort, need author, editor, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {editor.sort} -{ editor empty$ - { key empty$ - { "to sort, need editor or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ -} - -FUNCTION {presort} -{ calc.label - label sortify - " " - * - type$ "book" = - type$ "inbook" = - or - type$ "issue" = %%%KCB: need for new entry type - or %%%KCB - 'author.editor.sort - { type$ "proceedings" = - 'editor.sort - 'author.sort - if$ - } - if$ - #1 entry.max$ substring$ - 'sort.label := - sort.label - * - " " - * - title field.or.null - sort.format.title - * - #1 entry.max$ substring$ - 'sort.key$ := -} - -ITERATE {presort} - -SORT - -STRINGS { last.label next.extra } - -INTEGERS { last.extra.num } - -FUNCTION {initialize.extra.label.stuff} -{ #0 int.to.chr$ 'last.label := - "" 'next.extra := - #0 'last.extra.num := -} - -FUNCTION {forward.pass} -{ last.label label = - { last.extra.num #1 + 'last.extra.num := - last.extra.num int.to.chr$ 'extra.label := - } - { "a" chr.to.int$ 'last.extra.num := - "" 'extra.label := - label 'last.label := - } - if$ -} - -FUNCTION {reverse.pass} -{ next.extra "b" = - { "a" 'extra.label := } - 'skip$ - if$ - extra.label 'next.extra := -} - -EXECUTE {initialize.extra.label.stuff} - -EXECUTE {init.prev.name} %%%KCB: needed for replacing repeated authors - -ITERATE {forward.pass} - -REVERSE {reverse.pass} - -FUNCTION {bib.sort.order} -{ sort.label - " " - * - year field.or.null sortify - * - " " - * - title field.or.null - sort.format.title - * - #1 entry.max$ substring$ - 'sort.key$ := - calc.short.label -%%%KCB: removed calc.long.label -} - -ITERATE {bib.sort.order} - -SORT - -FUNCTION {begin.bib} -{ preamble$ empty$ - 'skip$ - { preamble$ write$ newline$ } - if$ -%%%KCB: add defn of \BySame, can be overridden in document -"\ifx\undefined\BySame" write$ newline$ - "\newcommand{\BySame}{\leavevmode\rule[.5ex]{3em}{.5pt}\ }" - write$ newline$ - "\fi" write$ newline$ -% %%% KCB: For those who still cling to LaTeX 2.09 -% "\ifx\undefined\textsc" write$ newline$ -% "\newcommand{\textsc}[1]{{\sc #1}}" -% write$ newline$ -% "\newcommand{\emph}[1]{{\em #1\/}}" -% write$ newline$ -% "\let\tmpsmall\small" write$ newline$ -% "\renewcommand{\small}{\tmpsmall\sc}" write$ newline$ -% "\fi" write$ newline$ -% %%% - "\begin{thebibliography}{}" write$ newline$ -} - -EXECUTE {begin.bib} - -EXECUTE {init.state.consts} - -ITERATE {call.type$} - -FUNCTION {end.bib} -{ newline$ - "\end{thebibliography}" write$ newline$ -"Done." top$ %%%KCB: Signal end for NeXTeX's TexView -} - -EXECUTE {end.bib} -%% End of customized bst file diff --git a/docs/NARK/Resources/texmf-local/bibtex/bst/handout.bst b/docs/NARK/Resources/texmf-local/bibtex/bst/handout.bst deleted file mode 100755 index d826b51ae..000000000 --- a/docs/NARK/Resources/texmf-local/bibtex/bst/handout.bst +++ /dev/null @@ -1,1294 +0,0 @@ -%%% BEJournals Bibliography Style -%%% Modified from econometrica.bst by KCB (see documentation below) -%%% Modified by Christopher Carroll to print full names of authors when available rather than initials -%%% For use with harvard.sty and LaTeX2e (NFSS) or LaTeX 2.09 -%%% 24-aug-94 -%%% -%%% Based on makebst, but with modifications by -%%% kcb@hss.caltech.edu (KC Border) -%%% Please report any problems to me. -%%% -%%% The main changes from the ouput of makebst are: -%%% 1. Addition of a function to replace repeated authors with a 3 em dash. -%%% (Search for compare.names, this function is portable.) -%%% 2. Modification of output.nonnull to allow commas inside quotation marks -%%% and no comma after year. -%%% 3.Eliminated feature (bug?) of the harvard style of citation. -%%% It creates a short label for subsequent citations. This alleged -%%% feature shortens both Aliprantis, Border, and Luxemburg (1991) and -%%% Aliprantis, Brown, and Burkinshaw (1991) to Aliprantis et~al. (1991). -%%% This creates the need to label these as -%%% Aliprantis, Border, and Luxemburg (1991a) and -%%% Aliprantis, Brown, and Burkinshaw (1991b), despite the fact -%%% that these entries have different authors. I used my own format -%%% for creating the labels, and used the same label for -%%% both the short and long forms. I know that the -%%% _Chicago_Manual_of_Style recommends using Aliprantis et~al, -%% but Econometrica regularly writes out three authors, -%% and it is rare to cite an article with more than four authors in -%%% Econometrica. (I couldn't find an example of even four being cited, -%%% but I didn't spend a lot of time looking.) -%%% 4. Addition of macros to handle editions. (My own idiosycracy.) -%%% 5. A new entry type called issue for special issues of a journal. -%%% (Another idiosyncracy.) -%%% 6. Many details to conform to Econometrica's quirks. -%%% (Search for KCB ) -%%% 7. I wrote this for use with LaTeX2e and the NFSS2. However, I did -%%% add some macros so it will work with LaTeX 2.09. -%%% (Search for \ifx\undefined\emph ) -%%% The remainder of this file was generated by makebst, except for -%%% modifications marked with KCB. -%% -%% This is file `em.bst', generated -%% on <1994/8/17> with the docstrip utility (2.2h). -%% -%% The original source files were: -%% -%% genbst.mbs (with options: `ay,har,nm-rev1,nmft-sc,dt-beg,yr-par,tit-qq,atit-u,thtit-a,volp-com,edby,blk-com,pp,ed,abr,and-com,nfss') -%% ---------------------------------------- -%% *** Econometrica style *** -%% -%% (Here are the specifications of the source file) -%% \def\filename{genbst.mbs} -%% \def\filedate{1994 July 1} -%% \def\fileversion{1.3} -%% For use with BibTeX version 0.99a or later, LaTeX version 2.09 -%%------------------------------------------------------------------- -%% NOTICE: -%% This file may be used for non-profit purposes. -%% It may not be distributed in exchange for money, -%% other than distribution costs. -%% -%% The author provides it `as is' and does not guarantee it in any way. -%% -%% Copyright (C) 1994 Patrick W. Daly -%% Max-Planck-Institut f\"ur Aeronomie -%% Postfach 20 -%% D-37189 Katlenburg-Lindau -%% Germany -%% -%% E-mail: -%% SPAN-- nsp::linmpi::daly (note nsp also known as ecd1) -%% Internet-- daly@linmpi.dnet.gwdg.de -%%----------------------------------------------------------- -%% \CharacterTable -%% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z -%% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z -%% Digits \0\1\2\3\4\5\6\7\8\9 -%% Exclamation \! Double quote \" Hash (number) \# -%% Dollar \$ Percent \% Ampersand \& -%% Acute accent \' Left paren \( Right paren \) -%% Asterisk \* Plus \+ Comma \, -%% Minus \- Point \. Solidus \/ -%% Colon \: Semicolon \; Less than \< -%% Equals \= Greater than \> Question mark \? -%% Commercial at \@ Left bracket \[ Backslash \\ -%% Right bracket \] Circumflex \^ Underscore \_ -%% Grave accent \` Left brace \{ Vertical bar \| -%% Right brace \} Tilde \~} -%%--------------------------------------------------------------------- - % This is an author-year citation style bibliography. As such, it is - % non-standard LaTeX, and requires a style option to function properly. - % The appropriate style file is: harvard.sty - % The form of the bibitem entries is - % \harvarditem[Jones et al.]{Jones, Baker, and Smith}{1990}{key}... - % There are style changes that may be specified in the text with - % the command \citationstyle. - % \citeasnoun{key} ==>> Jones et al. (1990) - % \cite{key} ==>> (Jones et al. 1990) - % \cite[chap. 2]{key} ==>> (Jones et al. 1990, chap. 2) - % On the first citation of any work, the full author list is used. -%%--------------------------------------------------------------------- - -ENTRY - { address - author - booktitle - chapter - edition - editor - howpublished - institution - journal - key - month - note - number - organization - pages - publisher - school - series - title - type - volume - year - } - {} - { label extra.label sort.label } %%%KCB: removed long.label - -INTEGERS { output.state before.all mid.sentence after.sentence after.block } - -%%%KCB: new output state, no.comma -INTEGERS { no.comma} - -FUNCTION {init.state.consts} -{ #0 'before.all := - #1 'mid.sentence := - #2 'after.sentence := - #3 'after.block := - #4 'no.comma := %%%KCB -} - -STRINGS { s t } - - -%%%KCB: revise to use new output state -FUNCTION {output.nonnull} -{ 's := - output.state no.comma = %%%KCB: if in this state, write a space - { " " * write$ before.all 'output.state := } %%%KCB - { output.state mid.sentence = %%%KCB: add brace at beginning - { ", " * write$ } - { output.state after.block = - { add.period$ write$ - newline$ - "\newblock " write$ - } - { output.state before.all = - 'write$ - { add.period$ " " * write$ } - if$ - } - if$ - } - if$ - mid.sentence 'output.state := - } %%%KCB: matching brace - if$ %%%KCB: test for no.comma state - s -} - -FUNCTION {output} -{ duplicate$ empty$ - 'pop$ - 'output.nonnull - if$ -} - -FUNCTION {output.check} -{ 't := - duplicate$ empty$ - { pop$ "empty " t * " in " * cite$ * warning$ } - 'output.nonnull - if$ -} - -FUNCTION {output.bibitem} -{ newline$ - "\harvarditem[" write$ - label write$ - "]{" label * "}{" * write$ %%%KCB: replaced long.label with label - year duplicate$ empty$ - { pop$ "????" } - 'skip$ - if$ - extra.label * "}{" * write$ - cite$ write$ - "}" write$ - newline$ - "" - before.all 'output.state := -} - -FUNCTION {fin.entry} -{ add.period$ - write$ - newline$ -} - -FUNCTION {new.block} -{ output.state before.all = - 'skip$ - { after.block 'output.state := } - if$ -} - -FUNCTION {new.sentence} -{ output.state after.block = - 'skip$ - { output.state before.all = - 'skip$ - { after.sentence 'output.state := } - if$ - } - if$ -} - -FUNCTION {not} -{ { #0 } - { #1 } - if$ -} - -FUNCTION {and} -{ 'skip$ - { pop$ #0 } - if$ -} - -FUNCTION {or} -{ { pop$ #1 } - 'skip$ - if$ -} - -FUNCTION {new.block.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.block - if$ -} - -FUNCTION {field.or.null} -{ duplicate$ empty$ - { pop$ "" } - 'skip$ - if$ -} - -FUNCTION {emphasize} -{ duplicate$ empty$ - { pop$ "" } - { "\emph{" swap$ * "}" * } - if$ -} - -INTEGERS { nameptr namesleft numnames } - -%%%KCB: Here is a portable set of routines to check for repeated authors -%%% and replace them with a 3 em dash -%%% According to _Chicago_Manual_of_Style_, a dash is used to -%%% replace an author's name only if the entire list is the same, so: -%%% Compare names. See if prev.name is identical to CurrList. -%%% If not, then just output CurrList. -%%% If so, replace with \BySame -%%% I use a conservative matching scheme, -%%% and check to see if full names are identical, -%%% even though we only use initials. -%%% This may mean that you have to correct your .bib database -%%% to ensure consistency. -%%% -%%% sample usage: -%%% search for {format.author} - -INTEGERS {currNum prevNum} - -STRINGS {PrevList CurrList prev.name PrevTemp CurrTemp} - -%%%KCB: Initialize prev.name ot some nonsense string: - -FUNCTION {init.prev.name} -{ -"My puppy Harley" 'prev.name := -} - -%%%KCB: Must EXECUTE {init.prev.name} after READ - -%%%KCB: compare.names -FUNCTION {compare.names} -{ prev.name 'PrevList := - duplicate$ 'prev.name := % make current list the new previous list - 'CurrList := - PrevList num.names$ 'prevNum := - CurrList num.names$ 'currNum := -% - prevNum currNum = %% If prevNum = currNum - { "" 'PrevTemp := %% Then take this branch - "" 'CurrTemp := - #1 'nameptr := %%% start with first name in each list - { nameptr prevNum > not }%% while nameptr <= prevNum -%% Format both lists the same way. -%% Use full names: bib file might need to be corrected - { - PrevList nameptr "{ff }{vv~}{ll}{ jj}" format.name$ PrevTemp * 'PrevTemp := - CurrList nameptr "{ff }{vv~}{ll}{ jj}" format.name$ CurrTemp * 'CurrTemp := - nameptr #1 + 'nameptr := } - while$ -%% Now compare : - PrevTemp CurrTemp = %% If PrevTemp = CurrTemp - { "\BySame{}" } - { CurrList } - if$ - } - { CurrList } %% If not prevNum = currNum - if$ %% If prevNum = currNum -} - -%%% -%%% -%%%KCB: End of new routine. - - -FUNCTION {format.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { s nameptr "{ff~}{vv~}{ll}{, jj}" format.name$ 't := } - { s nameptr "{vv~}{ll}{, jj}{, ff}" format.name$ 't := } - if$ - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - ", " * - t "others" = - { " et~al." * } - { " {and} " * t * } %%%CDC: removed \small - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - - -FUNCTION {format.names.ed} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr - "{ff~}{vv~}{ll}{, jj}" - format.name$ 't := - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - ", " * - t "others" = - { " et~al." * } - { " {and} " * t * } %%%CDC: removed \small - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {format.key} -{ empty$ - { key field.or.null } - { "" } - if$ -} - -FUNCTION {format.authors} -{ author empty$ - { "" } - { "\textsc{" author compare.names format.names * "} " * } - if$ -} - -FUNCTION {format.editors} -{ editor empty$ - { "" } - { "\textsc{" editor compare.names format.names * " }" * - editor num.names$ #1 > - { " (eds.)" * } - { " (ed.)" * } - if$ - } - if$ -} - -FUNCTION {format.in.editors} -{ editor empty$ - { "" } - { editor format.names.ed - } - if$ -} - -FUNCTION {format.title} -{ title empty$ - { "" } - { title - "``" swap$ * ",'' " * - } -no.comma 'output.state := %%%KCB: - if$ -} - -FUNCTION {n.dashify} -{ 't := - "" - { t empty$ not } - { t #1 #1 substring$ "-" = - { t #1 #2 substring$ "--" = not - { "--" * - t #2 global.max$ substring$ 't := - } - { { t #1 #1 substring$ "-" = } - { "-" * - t #2 global.max$ substring$ 't := - } - while$ - } - if$ - } - { t #1 #1 substring$ * - t #2 global.max$ substring$ 't := - } - if$ - } - while$ -} - -FUNCTION {word.in} -{ "in " } - -FUNCTION {format.date} -{ year duplicate$ empty$ - { "empty year in " cite$ * "; set to ????" * warning$ - pop$ "????" } - 'skip$ - if$ - " (" swap$ * extra.label * "):" * %%%KCB: added : - before.all 'output.state := %%%KCB: -} - -FUNCTION {format.btitle} -{ title emphasize -no.comma 'output.state := %%%KCB: -} - -FUNCTION {tie.or.space.connect} -{ duplicate$ text.length$ #3 < - { "~" } - { " " } - if$ - swap$ * * -} - -FUNCTION {either.or.check} -{ empty$ - 'pop$ - { "can't use both " swap$ * " fields in " * cite$ * warning$ } - if$ -} - -FUNCTION {format.bvolume} -{ volume empty$ - { "" } - { "vol." volume tie.or.space.connect - series empty$ - 'skip$ - { " of " * series emphasize * } - if$ - "volume and number" number either.or.check - } - if$ -} - -FUNCTION {format.number.series} -{ volume empty$ - { number empty$ - { series field.or.null } - { output.state mid.sentence = - { "no." } - { "No." } - if$ - number tie.or.space.connect - series empty$ - { "there's a number but no series in " cite$ * warning$ } - { " in " * series * } - if$ - } - if$ - } - { "" } - if$ -} - -FUNCTION {format.edition} -{ edition empty$ - { "" } - { output.state mid.sentence = - { edition "l" change.case$ " edn." * } - { edition "t" change.case$ " edn." * } - if$ - } - if$ -} - -INTEGERS { multiresult } - -FUNCTION {multi.page.check} -{ 't := - #0 'multiresult := - { multiresult not - t empty$ not - and - } - { t #1 #1 substring$ - duplicate$ "-" = - swap$ duplicate$ "," = - swap$ "+" = - or or - { #1 'multiresult := } - { t #2 global.max$ substring$ 't := } - if$ - } - while$ - multiresult -} - -FUNCTION {format.pages} -{ pages empty$ - { "" } - { pages multi.page.check - { "pp." pages n.dashify tie.or.space.connect } - { "p." pages tie.or.space.connect } - if$ - } - if$ -} - -FUNCTION {format.vol.num.pages} -{ volume field.or.null - number empty$ - 'skip$ - { "(" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - pages empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.pages } - { ", " * pages n.dashify * } - if$ - } - if$ -} - -FUNCTION {format.chapter.pages} -{ chapter empty$ - 'format.pages - { type empty$ - { "chap." } - { type "l" change.case$ } - if$ - chapter tie.or.space.connect - pages empty$ - 'skip$ - { ", " * format.pages * } - if$ - } - if$ -} - -FUNCTION {format.in.ed.booktitle} -{ booktitle empty$ - { "" } - { editor empty$ - { word.in booktitle emphasize * } - { word.in booktitle emphasize * ", ed. by " * %%%KCB: abbrv ed. - format.in.editors * } - if$ - } - if$ -} - -FUNCTION {format.thesis.type} -{ type empty$ - 'skip$ - { pop$ - type "t" change.case$ - } - if$ -} - -FUNCTION {format.tr.number} -{ type empty$ - { "Discussion Paper" } %%%KCB: changed default - 'type - if$ - number empty$ - { "t" change.case$ } - { number tie.or.space.connect } - if$ -} - -FUNCTION {format.article.crossref} -{ - word.in - "\cite{" * crossref * "}" * -} - -FUNCTION {format.book.crossref} -{ volume empty$ - { "empty volume in " cite$ * "'s crossref of " * crossref * warning$ - word.in - } - { "vol." volume tie.or.space.connect - " of " * - } - if$ - "\cite{" * crossref * "}" * -} - -FUNCTION {format.incoll.inproc.crossref} -{ - word.in - "\cite{" * crossref * "}" * -} - -FUNCTION {article} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {book} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - format.date "year" output.check - format.btitle "title" output.check - mid.sentence 'output.state := %%%KCB: - crossref missing$ - { format.bvolume output - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { - format.book.crossref output.nonnull - } - if$ - format.edition output - note output - fin.entry -} - -FUNCTION {booklet} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.title "title" output.check - howpublished output - address output - note output - fin.entry -} - -FUNCTION {inbook} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - format.date "year" output.check - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - format.chapter.pages "chapter and pages" output.check - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { format.chapter.pages "chapter and pages" output.check - format.book.crossref output.nonnull - } - if$ - format.edition output - note output - fin.entry -} - -FUNCTION {incollection} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.chapter.pages output - new.sentence - publisher "publisher" output.check - address output - format.edition output - } - { format.incoll.inproc.crossref output.nonnull - format.chapter.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {inproceedings} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.pages output - address output - new.sentence - organization output - publisher output - } - { format.incoll.inproc.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {conference} { inproceedings } - -%%%KCB: special issue of a journal with a special editor - -FUNCTION {issue} -{ output.bibitem - format.editors output - editor format.key output - format.date "year" output.check - format.btitle "title" output.check - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {manual} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.btitle "title" output.check - organization output - address output - format.edition output - note output - fin.entry -} - -FUNCTION {mastersthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - "Master's thesis" format.thesis.type output.nonnull - school "school" output.check - address output - note output - fin.entry -} - -FUNCTION {misc} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.title output - howpublished output - note output - fin.entry -} - -FUNCTION {phdthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - "Ph.D. thesis" format.thesis.type output.nonnull - school "school" output.check - address output - note output - fin.entry -} - -FUNCTION {proceedings} -{ output.bibitem - format.editors output - editor format.key output - format.date "year" output.check - format.btitle "title" output.check - format.bvolume output - format.number.series output - address output - new.sentence - organization output - publisher output - note output - fin.entry -} - -FUNCTION {techreport} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - format.tr.number output.nonnull - institution "institution" output.check - address output - note output - fin.entry -} - -FUNCTION {unpublished} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - note "note" output.check - fin.entry -} - -FUNCTION {default.type} { misc } - -MACRO {jan} {"January"} - -MACRO {feb} {"February"} - -MACRO {mar} {"March"} - -MACRO {apr} {"April"} - -MACRO {may} {"May"} - -MACRO {jun} {"June"} - -MACRO {jul} {"July"} - -MACRO {aug} {"August"} - -MACRO {sep} {"September"} - -MACRO {oct} {"October"} - -MACRO {nov} {"November"} - -MACRO {dec} {"December"} - -%%%KCB: removed computer science journal macros -%%%KCB: added following macros for editions -MACRO {first} {"1st "} -MACRO {second} {"2d "} -MACRO {third} {"3d "} -MACRO {fourth} {"4th "} -MACRO {fifth} {"5th "} -MACRO {sixth} {"6th"} -MACRO {seventh} {"7th "} -MACRO {eighth} {"8th "} -MACRO {ninth} {"9th "} -MACRO {tenth} {"10th "} - -READ - -FUNCTION {sortify} -{ purify$ - "l" change.case$ -} - -INTEGERS { len } - -FUNCTION {chop.word} -{ 's := - 'len := - s #1 len substring$ = - { s len #1 + global.max$ substring$ } - 's - if$ -} - - -%%%KCB: Change format of labels: -FUNCTION {format.lab.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr "{vv~}{ll}" format.name$ 't := - nameptr #1 > - { namesleft #1 > - { ", " * t * } - { numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -%%%KCB: removed FUNCTION {format.long.lab.names} - -FUNCTION {author.key.label} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.editor.key.label} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {editor.key.label} -{ editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ -} - -%%%KCB: use entire year field as label - -FUNCTION {calc.label} -{ type$ "book" = - type$ "inbook" = - or - type$ "issue" = %%%KCB: need for new entry type - or %%%KCB - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.label - 'author.key.label - if$ - } - if$ - ", " - * - year field.or.null - * - 'label := -} - -FUNCTION {calc.short.label} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.label - 'author.key.label - if$ - } - if$ - 'label := -} - -%%%KCB: removed FUNCTION {calc.long.label} - -FUNCTION {sort.format.names} -{ 's := - #1 'nameptr := - "" - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { " " * } - 'skip$ - if$ - s nameptr - "{vv{ } }{ll{ }}{ f{ }}{ jj{ }}" - format.name$ 't := - nameptr numnames = t "others" = and - { "et al" * } - { t sortify * } - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {sort.format.title} -{ 't := - "A " #2 - "An " #3 - "The " #4 t chop.word - chop.word - chop.word - sortify - #1 global.max$ substring$ -} - -FUNCTION {author.sort} -{ author empty$ - { key empty$ - { "to sort, need author or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.editor.sort} -{ author empty$ - { editor empty$ - { key empty$ - { "to sort, need author, editor, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {editor.sort} -{ editor empty$ - { key empty$ - { "to sort, need editor or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ -} - -FUNCTION {presort} -{ calc.label - label sortify - " " - * - type$ "book" = - type$ "inbook" = - or - type$ "issue" = %%%KCB: need for new entry type - or %%%KCB - 'author.editor.sort - { type$ "proceedings" = - 'editor.sort - 'author.sort - if$ - } - if$ - #1 entry.max$ substring$ - 'sort.label := - sort.label - * - " " - * - title field.or.null - sort.format.title - * - #1 entry.max$ substring$ - 'sort.key$ := -} - -ITERATE {presort} - -SORT - -STRINGS { last.label next.extra } - -INTEGERS { last.extra.num } - -FUNCTION {initialize.extra.label.stuff} -{ #0 int.to.chr$ 'last.label := - "" 'next.extra := - #0 'last.extra.num := -} - -FUNCTION {forward.pass} -{ last.label label = - { last.extra.num #1 + 'last.extra.num := - last.extra.num int.to.chr$ 'extra.label := - } - { "a" chr.to.int$ 'last.extra.num := - "" 'extra.label := - label 'last.label := - } - if$ -} - -FUNCTION {reverse.pass} -{ next.extra "b" = - { "a" 'extra.label := } - 'skip$ - if$ - extra.label 'next.extra := -} - -EXECUTE {initialize.extra.label.stuff} - -EXECUTE {init.prev.name} %%%KCB: needed for replacing repeated authors - -ITERATE {forward.pass} - -REVERSE {reverse.pass} - -FUNCTION {bib.sort.order} -{ sort.label - " " - * - year field.or.null sortify - * - " " - * - title field.or.null - sort.format.title - * - #1 entry.max$ substring$ - 'sort.key$ := - calc.short.label -%%%KCB: removed calc.long.label -} - -ITERATE {bib.sort.order} - -SORT - -FUNCTION {begin.bib} -{ preamble$ empty$ - 'skip$ - { preamble$ write$ newline$ } - if$ -%%%KCB: add defn of \BySame, can be overridden in document -"\ifx\undefined\BySame" write$ newline$ - "\newcommand{\BySame}{\leavevmode\rule[.5ex]{3em}{.5pt}\ }" - write$ newline$ - "\fi" write$ newline$ -%%% KCB: For those who still cling to LaTeX 2.09 -"\ifx\undefined\textsc" write$ newline$ - "\newcommand{\textsc}[1]{{\sc #1}}" - write$ newline$ - "\newcommand{\emph}[1]{{\em #1\/}}" - write$ newline$ -"\let\tmpsmall\small" write$ newline$ -"\renewcommand{\small}{\tmpsmall\sc}" write$ newline$ - "\fi" write$ newline$ -%%% - "\begin{thebibliography}{}" write$ newline$ -} - -EXECUTE {begin.bib} - -EXECUTE {init.state.consts} - -ITERATE {call.type$} - -FUNCTION {end.bib} -{ newline$ - "\end{thebibliography}" write$ newline$ -"Done." top$ %%%KCB: Signal end for NeXTeX's TexView -} - -EXECUTE {end.bib} -%% End of customized bst file diff --git a/docs/NARK/Resources/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst b/docs/NARK/Resources/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst deleted file mode 100755 index fb0bb89d8..000000000 --- a/docs/NARK/Resources/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst +++ /dev/null @@ -1,1403 +0,0 @@ -%% -%% This is file `unsrtnat.bst', -%% generated with the docstrip utility. -%% -%% The original source files were: -%% -%% natbst.mbs (with options: `name-full,atit-lower,month-full,jour-full') -%% ---------------------------------------- -%% *** Version of `abbrv.bst' for use with natbib package *** -%% - % The original source file contains the following version information: - % \ProvidesFile{natbst.mbs}[1997/03/19 1.4 (PWD)] - - %% BibTeX `plainnat' family - %% version 0.99b for BibTeX versions 0.99a or later, LaTeX version 2.09. - %% - %% For use with the `natbib.sty' package; emulates the corresponding - %% member of the `plain' family, but with author-year citations. - %% - %% With version 6.0 of `natbib.sty', it may also be used for numerical - %% citations, while retaining the commands \citeauthor, \citefullauthor, - %% and \citeyear to print the corresponding information. - %% -ENTRY - { address - author - booktitle - chapter - edition - editor - howpublished - institution - journal - key - month - note - number - organization - pages - publisher - school - series - title - type - volume - year - } - {} - { label extra.label sort.label short.list } - -INTEGERS { output.state before.all mid.sentence after.sentence after.block } - -FUNCTION {init.state.consts} -{ #0 'before.all := - #1 'mid.sentence := - #2 'after.sentence := - #3 'after.block := -} - -STRINGS { s t } - -FUNCTION {output.nonnull} -{ 's := - output.state mid.sentence = - { " " * write$ } % CDC modified - previously it was a comma. - { output.state after.block = - { add.period$ write$ - newline$ - "\newblock " write$ - } - { output.state before.all = - 'write$ - { add.period$ " " * write$ } - if$ - } - if$ - mid.sentence 'output.state := - } - if$ - s -} - -FUNCTION {output} -{ duplicate$ empty$ - 'pop$ - 'output.nonnull - if$ -} - -FUNCTION {output.check} -{ 't := - duplicate$ empty$ - { pop$ "empty " t * " in " * cite$ * warning$ } - 'output.nonnull - if$ -} - -FUNCTION {fin.entry} -{ %add.period$ - write$ - newline$ -} - -FUNCTION {new.block} -{ output.state before.all = - 'skip$ - { after.block 'output.state := } - if$ -} - -FUNCTION {new.sentence} -{ output.state after.block = - 'skip$ - { output.state before.all = - 'skip$ - { after.sentence 'output.state := } - if$ - } - if$ -} - -FUNCTION {not} -{ { #0 } - { #1 } - if$ -} - -FUNCTION {and} -{ 'skip$ - { pop$ #0 } - if$ -} - -FUNCTION {or} -{ { pop$ #1 } - 'skip$ - if$ -} - -FUNCTION {new.block.checka} -{ empty$ - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.block.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.sentence.checka} -{ empty$ - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {new.sentence.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {field.or.null} -{ duplicate$ empty$ - { pop$ "" } - 'skip$ - if$ -} - -FUNCTION {emphasize} -{ duplicate$ empty$ - { pop$ "" } - { "{\em " swap$ * "}" * } - if$ -} - -INTEGERS { nameptr namesleft numnames } - -FUNCTION {format.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr "{ff~}{vv~}{ll}{, jj}" format.name$ 't := - nameptr #1 > - { namesleft #1 > - { ", " * t * } - { numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {format.authors} -{ author empty$ - { "" } - { author format.names } - if$ -} - -FUNCTION {format.editors} -{ editor empty$ - { "" } - { editor format.names - editor num.names$ #1 > - { ", editors" * } - { ", editor" * } - if$ - } - if$ -} - -% FUNCTION {format.title} -% { title empty$ -% { "" } -% { title "t" change.case$ } -% if$ -%} - -% CDC changed - originally it put article titles in lower case (as above) -% Got the following code from document called btex101.pdf - -FUNCTION {format.title} -{ - title "``" swap$ * ".'' " * % Put article title in quotes -} - -FUNCTION {format.full.names} -{'s := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr - "{vv~}{ll}" format.name$ 't := - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {author.editor.key.full} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.full.names } - if$ - } - { author format.full.names } - if$ -} - -FUNCTION {author.key.full} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { author format.full.names } - if$ -} - -FUNCTION {editor.key.full} -{ editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.full.names } - if$ -} - -FUNCTION {make.full.names} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.full - { type$ "proceedings" = - 'editor.key.full - 'author.key.full - if$ - } - if$ -} - -FUNCTION {output.bibitem} -{ newline$ - "\bibitem[" write$ - label write$ - ")" make.full.names duplicate$ short.list = - { pop$ } - { * } - if$ - "]{" * write$ - cite$ write$ - "}" write$ - newline$ - "" - before.all 'output.state := -} - -FUNCTION {n.dashify} -{ 't := - "" - { t empty$ not } - { t #1 #1 substring$ "-" = - { t #1 #2 substring$ "--" = not - { "--" * - t #2 global.max$ substring$ 't := - } - { { t #1 #1 substring$ "-" = } - { "-" * - t #2 global.max$ substring$ 't := - } - while$ - } - if$ - } - { t #1 #1 substring$ * - t #2 global.max$ substring$ 't := - } - if$ - } - while$ -} - -FUNCTION {format.date} -{ year duplicate$ empty$ - { "empty year in " cite$ * "; set to ????" * warning$ - pop$ "????" } - 'skip$ - if$ - month empty$ - 'skip$ - { month - " " * swap$ * - } - if$ - extra.label * -} - -FUNCTION {format.btitle} -{ title emphasize -} - -FUNCTION {tie.or.space.connect} -{ duplicate$ text.length$ #3 < - { "~" } - { " " } - if$ - swap$ * * -} - -FUNCTION {either.or.check} -{ empty$ - 'pop$ - { "can't use both " swap$ * " fields in " * cite$ * warning$ } - if$ -} - -FUNCTION {format.bvolume} -{ volume empty$ - { "" } - { "volume" volume tie.or.space.connect - series empty$ - 'skip$ - { " of " * series emphasize * } - if$ - "volume and number" number either.or.check - } - if$ -} - -FUNCTION {format.number.series} -{ volume empty$ - { number empty$ - { series field.or.null } - { output.state mid.sentence = - { "number" } - { "Number" } - if$ - number tie.or.space.connect - series empty$ - { "there's a number but no series in " cite$ * warning$ } - { " in " * series * } - if$ - } - if$ - } - { "" } - if$ -} - -FUNCTION {format.edition} -{ edition empty$ - { "" } - { output.state mid.sentence = - { edition "l" change.case$ " edition" * } - { edition "t" change.case$ " edition" * } - if$ - } - if$ -} - -INTEGERS { multiresult } - -FUNCTION {multi.page.check} -{ 't := - #0 'multiresult := - { multiresult not - t empty$ not - and - } - { t #1 #1 substring$ - duplicate$ "-" = - swap$ duplicate$ "," = - swap$ "+" = - or or - { #1 'multiresult := } - { t #2 global.max$ substring$ 't := } - if$ - } - while$ - multiresult -} - -FUNCTION {format.pages} -{ pages empty$ - { "" } - { pages multi.page.check - { "pages" pages n.dashify tie.or.space.connect } - { "page" pages tie.or.space.connect } - if$ - } - if$ -} - -FUNCTION {format.vol.num.pages} -{ volume field.or.null - number empty$ - 'skip$ - { "\penalty0 (" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - pages empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.pages } - { ":\penalty0 " * pages n.dashify * } - if$ - } - if$ -} - -FUNCTION {format.chapter.pages} -{ chapter empty$ - 'format.pages - { type empty$ - { "chapter" } - { type "l" change.case$ } - if$ - chapter tie.or.space.connect - pages empty$ - 'skip$ - { ", " * format.pages * } - if$ - } - if$ -} - -FUNCTION {format.in.ed.booktitle} -{ booktitle empty$ - { "" } - { editor empty$ - { "In " booktitle emphasize * } - { "In " format.editors * ", " * booktitle emphasize * } - if$ - } - if$ -} - -FUNCTION {empty.misc.check} -{ author empty$ title empty$ howpublished empty$ - month empty$ year empty$ note empty$ - and and and and and - key empty$ not and - { "all relevant fields are empty in " cite$ * warning$ } - 'skip$ - if$ -} - -FUNCTION {format.thesis.type} -{ type empty$ - 'skip$ - { pop$ - type "t" change.case$ - } - if$ -} - -FUNCTION {format.tr.number} -{ type empty$ - { "Technical Report" } - 'type - if$ - number empty$ - { "t" change.case$ } - { number tie.or.space.connect } - if$ -} - -FUNCTION {format.article.crossref} -{ key empty$ - { journal empty$ - { "need key or journal for " cite$ * " to crossref " * crossref * - warning$ - "" - } - { "In {\em " journal * "\/}" * } - if$ - } - { "In " key * } - if$ - " \citep{" * crossref * "}" * -} - -FUNCTION {format.book.crossref} -{ volume empty$ - { "empty volume in " cite$ * "'s crossref of " * crossref * warning$ - "In " - } - { "Volume" volume tie.or.space.connect - " of " * - } - if$ - editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { series empty$ - { "need editor, key, or series for " cite$ * " to crossref " * - crossref * warning$ - "" * - } - { "{\em " * series * "\/}" * } - if$ - } - { key * } - if$ - } - 'skip$ - if$ - ", \citet{" * crossref * "}" * -} - -FUNCTION {format.incoll.inproc.crossref} -{ editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { booktitle empty$ - { "need editor, key, or booktitle for " cite$ * " to crossref " * - crossref * warning$ - "" - } - { "In {\em " booktitle * "\/}" * } - if$ - } - { "In " key * } - if$ - } - { "In " } - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {article} -{ output.bibitem - format.title "title" output.check % CDC changed next 4 lines -% new.block - format.authors "author" output.check - new.block - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - format.date "(year)" output.check - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - new.block - note output - fin.entry -} - -FUNCTION {book} -{ output.bibitem - format.btitle "title" output.check % CDC changed down to if$ - new.block - author empty$ - { format.editors "author and editor" output.check } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - crossref missing$ - { format.bvolume output - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {booklet} -{ output.bibitem - format.title "title" output.check % CDC changed down to format.authors -% new.block - format.authors output - howpublished address new.block.checkb - howpublished output - address output - format.date output - new.block - note output - fin.entry -} - -FUNCTION {inbook} -{ output.bibitem - format.btitle "title" output.check - new.block - author empty$ - { format.editors "author and editor" output.check } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - crossref missing$ - { format.bvolume output - format.chapter.pages "chapter and pages" output.check - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { format.chapter.pages "chapter and pages" output.check - new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {incollection} -{ output.bibitem - format.title "title" output.check -% new.block - format.authors "author" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.chapter.pages output - new.sentence - publisher "publisher" output.check - address output - format.edition output - format.date "(year)" output.check - } - { format.incoll.inproc.crossref output.nonnull - format.chapter.pages output - } - if$ - new.block - note output - fin.entry -} - -FUNCTION {inproceedings} -{ output.bibitem - format.title "title" output.check -% new.block - format.authors "author" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.pages output - address empty$ - { organization publisher new.sentence.checkb - organization output - publisher output - format.date "(year)" output.check - } - { address output.nonnull - format.date "(year)" output.check - new.sentence - organization output - publisher output - } - if$ - } - { format.incoll.inproc.crossref output.nonnull - format.pages output - } - if$ - new.block - note output - fin.entry -} - -FUNCTION {conference} { inproceedings } - -FUNCTION {manual} -{ output.bibitem - format.btitle "title" output.check - new.block - author empty$ - { organization empty$ - 'skip$ - { organization output.nonnull - address output - } - if$ - } - { format.authors output.nonnull } - if$ - author empty$ - { organization empty$ - { address new.block.checka - address output - } - 'skip$ - if$ - } - { organization address new.block.checkb - organization output - address output - } - if$ - format.edition output - format.date output - new.block - note output - fin.entry -} -FUNCTION {mastersthesis} -{ output.bibitem - format.authors "author" output.check - new.block - format.title "title" output.check - new.block - "Master's thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {misc} -{ output.bibitem - title howpublished new.block.checkb - format.title output - format.authors output - howpublished new.block.checka - howpublished output - format.date output - new.block - note output - fin.entry - empty.misc.check -} - -FUNCTION {phdthesis} -{ output.bibitem - format.btitle "title" output.check - new.block - format.authors "author" output.check - new.block - "PhD thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {proceedings} -{ output.bibitem - format.btitle "title" output.check - new.block - editor empty$ - { organization output } - { format.editors output.nonnull } - if$ - format.bvolume output - format.number.series output - address empty$ - { editor empty$ - { publisher new.sentence.checka } - { organization publisher new.sentence.checkb - organization output - } - if$ - publisher output - format.date "(year)" output.check - } - { address output.nonnull - format.date "(year)" output.check - new.sentence - editor empty$ - 'skip$ - { organization output } - if$ - publisher output - } - if$ - new.block - note output - fin.entry -} - -FUNCTION {techreport} -{ output.bibitem - format.authors "author" output.check - new.block - format.title "title" output.check -% new.block - format.tr.number output.nonnull - institution "institution" output.check - address output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {unpublished} -{ output.bibitem - format.title "title" output.check -% new.block - format.authors "author" output.check - new.block - note "note" output.check - format.date output - fin.entry -} - -% CDC added the functions below, from econometrica.bst - -FUNCTION {format.date.nocolon} -{ year duplicate$ empty$ - { "empty year in " cite$ * "; set to ????" * warning$ - pop$ "????" } - 'skip$ - if$ - " (" swap$ * extra.label * ")" * %%%KCB: added : - before.all 'output.state := %%%KCB: -} - - -FUNCTION {format.key} -{ empty$ - { key field.or.null } - { "" } - if$ -} - - -FUNCTION {bookreview} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - author format.key output - format.btitle "title" output.check - note output - crossref missing$ - { journal emphasize "journal" output.check - format.date.nocolon "(year)" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.date.nocolon "(year)" output.check - format.pages output - } - if$ - fin.entry -} - -FUNCTION {inprogress} -{ output.bibitem - format.title "title" output.check % CDC changed next 4 lines -% new.block -% format.authors "author" output.check -% new.block - note output - fin.entry -} - - -FUNCTION {miscnoyear} % Defined by CDC 09/09/03, purpose being to allow insertion of text in a bibliography -{ output.bibitem -% format.title output -% format.authors output -% author format.key output -% format.date.nocolon "(year)" output.check - howpublished output - note output - fin.entry -} - - - - -FUNCTION {default.type} { misc } - - -MACRO {jan} {"January"} - -MACRO {feb} {"February"} - -MACRO {mar} {"March"} - -MACRO {apr} {"April"} - -MACRO {may} {"May"} - -MACRO {jun} {"June"} - -MACRO {jul} {"July"} - -MACRO {aug} {"August"} - -MACRO {sep} {"September"} - -MACRO {oct} {"October"} - -MACRO {nov} {"November"} - -MACRO {dec} {"December"} - - - -MACRO {acmcs} {"ACM Computing Surveys"} - -MACRO {acta} {"Acta Informatica"} - -MACRO {cacm} {"Communications of the ACM"} - -MACRO {ibmjrd} {"IBM Journal of Research and Development"} - -MACRO {ibmsj} {"IBM Systems Journal"} - -MACRO {ieeese} {"IEEE Transactions on Software Engineering"} - -MACRO {ieeetc} {"IEEE Transactions on Computers"} - -MACRO {ieeetcad} - {"IEEE Transactions on Computer-Aided Design of Integrated Circuits"} - -MACRO {ipl} {"Information Processing Letters"} - -MACRO {jacm} {"Journal of the ACM"} - -MACRO {jcss} {"Journal of Computer and System Sciences"} - -MACRO {scp} {"Science of Computer Programming"} - -MACRO {sicomp} {"SIAM Journal on Computing"} - -MACRO {tocs} {"ACM Transactions on Computer Systems"} - -MACRO {tods} {"ACM Transactions on Database Systems"} - -MACRO {tog} {"ACM Transactions on Graphics"} - -MACRO {toms} {"ACM Transactions on Mathematical Software"} - -MACRO {toois} {"ACM Transactions on Office Information Systems"} - -MACRO {toplas} {"ACM Transactions on Programming Languages and Systems"} - -MACRO {tcs} {"Theoretical Computer Science"} - - -READ - -FUNCTION {sortify} -{ purify$ - "l" change.case$ -} - -INTEGERS { len } - -FUNCTION {chop.word} -{ 's := - 'len := - s #1 len substring$ = - { s len #1 + global.max$ substring$ } - 's - if$ -} - -FUNCTION {format.lab.names} -{ 's := - s #1 "{vv~}{ll}" format.name$ - s num.names$ duplicate$ - #2 > - { pop$ " et~al." * } - { #2 < - 'skip$ - { s #2 "{ff }{vv }{ll}{ jj}" format.name$ "others" = - { " et~al." * } - { " and " * s #2 "{vv~}{ll}" format.name$ * } - if$ - } - if$ - } - if$ -} - -FUNCTION {author.key.label} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - { key #3 text.prefix$ } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.editor.key.label} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - { key #3 text.prefix$ } - if$ - } - { editor format.lab.names } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.key.organization.label} -{ author empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - { key #3 text.prefix$ } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {editor.key.organization.label} -{ editor empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - { key #3 text.prefix$ } - if$ - } - { editor format.lab.names } - if$ -} - -FUNCTION {calc.short.authors} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.organization.label - { type$ "manual" = - 'author.key.organization.label - 'author.key.label - if$ - } - if$ - } - if$ - 'short.list := -} - -FUNCTION {calc.label} -{ calc.short.authors - short.list - "(" - * - year duplicate$ empty$ - { pop$ "????" } - 'skip$ - if$ - * - 'label := -} - -FUNCTION {sort.format.names} -{ 's := - #1 'nameptr := - "" - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { " " * } - 'skip$ - if$ - s nameptr "{vv{ } }{ll{ }}{ ff{ }}{ jj{ }}" format.name$ 't := - nameptr numnames = t "others" = and - { "et al" * } - { t sortify * } - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {sort.format.title} -{ 't := - "A " #2 - "An " #3 - "The " #4 t chop.word - chop.word - chop.word - sortify - #1 global.max$ substring$ -} - -FUNCTION {author.sort} -{ author empty$ - { key empty$ - { "to sort, need author or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.editor.sort} -{ author empty$ - { editor empty$ - { key empty$ - { "to sort, need author, editor, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.organization.sort} -{ author empty$ - { organization empty$ - { key empty$ - { "to sort, need author, organization, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { "The " #4 organization chop.word sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {editor.organization.sort} -{ editor empty$ - { organization empty$ - { key empty$ - { "to sort, need editor, organization, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { "The " #4 organization chop.word sortify } - if$ - } - { editor sort.format.names } - if$ -} - -INTEGERS { seq.num } - -FUNCTION {init.seq} -{ #0 'seq.num :=} - -EXECUTE {init.seq} - -FUNCTION {int.to.fix} -{ "000000000" swap$ int.to.str$ * - #-1 #10 substring$ -} - -FUNCTION {presort} -{ calc.label - label sortify - " " - * - seq.num #1 + 'seq.num := - seq.num int.to.fix - 'sort.label := - sort.label * - #1 entry.max$ substring$ - 'sort.key$ := -} - -ITERATE {presort} - -SORT - -STRINGS { longest.label last.label next.extra } - -INTEGERS { longest.label.width last.extra.num number.label } - -FUNCTION {initialize.longest.label} -{ "" 'longest.label := - #0 int.to.chr$ 'last.label := - "" 'next.extra := - #0 'longest.label.width := - #0 'last.extra.num := - #0 'number.label := -} - -FUNCTION {forward.pass} -{ last.label label = - { last.extra.num #1 + 'last.extra.num := - last.extra.num int.to.chr$ 'extra.label := - } - { "a" chr.to.int$ 'last.extra.num := - "" 'extra.label := - label 'last.label := - } - if$ - number.label #1 + 'number.label := -} - -FUNCTION {reverse.pass} -{ next.extra "b" = - { "a" 'extra.label := } - 'skip$ - if$ - extra.label 'next.extra := - extra.label - duplicate$ empty$ - 'skip$ - { "{\natexlab{" swap$ * "}}" * } - if$ - 'extra.label := - label extra.label * 'label := -} - -EXECUTE {initialize.longest.label} - -ITERATE {forward.pass} - -REVERSE {reverse.pass} - -FUNCTION {bib.sort.order} -{ sort.label 'sort.key$ := -} - -ITERATE {bib.sort.order} - -SORT - -FUNCTION {begin.bib} -{ preamble$ empty$ - 'skip$ - { preamble$ write$ newline$ } - if$ - "\begin{thebibliography}{" number.label int.to.str$ * "}" * - write$ newline$ - "\expandafter\ifx\csname natexlab\endcsname\relax\def\natexlab#1{#1}\fi" - write$ newline$ -} - -EXECUTE {begin.bib} - -EXECUTE {init.state.consts} - -ITERATE {call.type$} - -FUNCTION {end.bib} -{ newline$ - "\end{thebibliography}" write$ newline$ -} - -EXECUTE {end.bib} -%% End of customized bst file -%% -%% End of file `unsrtnat.bst'. diff --git a/docs/NARK/Resources/texmf-local/ls-R b/docs/NARK/Resources/texmf-local/ls-R deleted file mode 100755 index 491bbcb88..000000000 --- a/docs/NARK/Resources/texmf-local/ls-R +++ /dev/null @@ -1,94 +0,0 @@ -% ls-R -- filename database for kpathsea; do not change this line. -./: -README.md -bibtex -ls-R -tex -web2c - -./bibtex: -.DS_Store -.gitkeep -bib -bst - -./bibtex/bib: -.DS_Store -.gitkeep -auto -economics.bib -economics.bib~ - -./bibtex/bib/auto: -economics.el - -./bibtex/bst: -.gitkeep -econtex.bst -handout.bst -unsrtnatTitlesFirst.bst - - -./tex: -.gitkeep -latex -plain - -./tex/latex: -.DS_Store -.gitkeep -ReadMe.texmf -articleNoRefHead.cls -auto -bibMake.tex -cvBibMake.tex -econtex.cls -econtex.log -econtex.sty -econtexBibMake.tex -econtexSetup.sty -econtexShortcuts.sty -econtexShortcuts_undo.sh -handout.cls -handout.sty -handoutBibMake.tex -handoutSetup.sty -handoutShortcuts.sty -makePostHandoutsStart.tex -printvrb.sty -snapshot.sty -tex4ht -tex4htMakeCFG.sh -titlesec.sty - -./tex/latex/auto: -econtex.el -econtexShortcuts.el -handout.el -handoutShortcuts.el - -./tex/latex/tex4ht: -auto -pictureenv.4ht -svg-math-and-subfigures-README.md -svg-math-and-subfigures-README.md~ -svg-math-and-subfigures.cfg -svg-math-and-subfigures.cfg~ -svg-math-and-subfigures.tex -svg-set-size-to-1p0.mk4 -svg-set-size-to-1p1.mk4 -svg-set-size-to-1p1x1p0.mk4 -svg-set-size-to-1p2.mk4 -svg-set-size-to-1p2.mk4~ -svg-set-size-to-1p2x1p0.mk4 -svg-set-size-to-1p2x1p0.mk4~ -svg-set-size-to-1p3x1p0.mk4 -svg-set-size-to-1p3x1p01.mk4~ - -./tex/latex/tex4ht/auto: - -./tex/plain: -.gitkeep - -./web2c: -texmf.cnf diff --git a/docs/NARK/Resources/texmf-local/tex/latex/ReadMe.texmf b/docs/NARK/Resources/texmf-local/tex/latex/ReadMe.texmf deleted file mode 100755 index 9485d0cf2..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/ReadMe.texmf +++ /dev/null @@ -1,20 +0,0 @@ -The .tex files in this directory compile properly using pdflatex on TeXLive 2010 for either Mac or Windows, using TeXLive -You will likely need the "full" distribution of TeXLive, as many obscure tex packages are used - --- Emacs with AucTeX defaults to plain LaTeX (generating a dvi file as output), you will need to have evaluated the command (setq TeX-PDF-mode t) at some point before compiling in order to make pdflatex be used instead. - --- Compilation of the LaTeX document requires LaTeX to have permissions to write to files outside of its own directory; in your texmf.cnf file, add the lines: -openout_any = a -shell_escape = t - -to your local texmf.cnf configuration file. On a standard MacTeX TeXLive distribution, this file is at - -/usr/local/texlive/[year]/texmf.cnf - -while on a standard Windows 7 installation it is at - -C:\texlive\[year]\texmf.cnf - -where [year] is, e.g., 2010 if you have TeXLive-2010 installed. - -Depending on details of your installation, you may need to modify other security preferences as well. diff --git a/docs/NARK/Resources/texmf-local/tex/latex/articleNoRefHead.cls b/docs/NARK/Resources/texmf-local/tex/latex/articleNoRefHead.cls deleted file mode 100755 index 979b08d97..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/articleNoRefHead.cls +++ /dev/null @@ -1 +0,0 @@ -%% %% This is file `article.cls', %% generated with the docstrip utility. %% %% The original source files were: %% %% classes.dtx (with options: `article') %% %% This is a generated file. %% %% Copyright 1993 1994 1995 1996 1997 1998 1999 %% The LaTeX3 Project and any individual authors listed elsewhere %% in this file. %% %% This file is part of the LaTeX base system. %% ------------------------------------------- %% %% It may be distributed and/or modified under the %% conditions of the LaTeX Project Public License, either version 1.1 %% of this license or (at your option) any later version. %% The latest version of this license is in %% http://www.latex-project.org/lppl.txt %% and version 1.1 or later is part of all distributions of LaTeX %% version 1999/06/01 or later. %% %% The list of all files belonging to the LaTeX base distribution is %% given in the file `manifest.txt'. See also `legal.txt' for additional %% information. %% %% \CharacterTable %% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z %% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z %% Digits \0\1\2\3\4\5\6\7\8\9 %% Exclamation \! Double quote \" Hash (number) \# %% Dollar \$ Percent \% Ampersand \& %% Acute accent \' Left paren \( Right paren \) %% Asterisk \* Plus \+ Comma \, %% Minus \- Point \. Solidus \/ %% Colon \: Semicolon \; Less than \< %% Equals \= Greater than \> Question mark \? %% Commercial at \@ Left bracket \[ Backslash \\ %% Right bracket \] Circumflex \^ Underscore \_ %% Grave accent \` Left brace \{ Vertical bar \| %% Right brace \} Tilde \~} \NeedsTeXFormat{LaTeX2e}[1995/12/01] \ProvidesClass{articleNoRefHead} [1999/01/07 v1.4a Standard LaTeX document class] \newcommand\@ptsize{} \newif\if@restonecol \newif\if@titlepage \@titlepagefalse \if@compatibility\else \DeclareOption{a4paper} {\setlength\paperheight {297mm}% \setlength\paperwidth {210mm}} \DeclareOption{a5paper} {\setlength\paperheight {210mm}% \setlength\paperwidth {148mm}} \DeclareOption{b5paper} {\setlength\paperheight {250mm}% \setlength\paperwidth {176mm}} \DeclareOption{letterpaper} {\setlength\paperheight {11in}% \setlength\paperwidth {8.5in}} \DeclareOption{legalpaper} {\setlength\paperheight {14in}% \setlength\paperwidth {8.5in}} \DeclareOption{executivepaper} {\setlength\paperheight {10.5in}% \setlength\paperwidth {7.25in}} \DeclareOption{landscape} {\setlength\@tempdima {\paperheight}% \setlength\paperheight {\paperwidth}% \setlength\paperwidth {\@tempdima}} \fi \if@compatibility \renewcommand\@ptsize{0} \else \DeclareOption{10pt}{\renewcommand\@ptsize{0}} \fi \DeclareOption{11pt}{\renewcommand\@ptsize{1}} \DeclareOption{12pt}{\renewcommand\@ptsize{2}} \if@compatibility\else \DeclareOption{oneside}{\@twosidefalse \@mparswitchfalse} \fi \DeclareOption{twoside}{\@twosidetrue \@mparswitchtrue} \DeclareOption{draft}{\setlength\overfullrule{5pt}} \if@compatibility\else \DeclareOption{final}{\setlength\overfullrule{0pt}} \fi \DeclareOption{titlepage}{\@titlepagetrue} \if@compatibility\else \DeclareOption{notitlepage}{\@titlepagefalse} \fi \if@compatibility\else \DeclareOption{onecolumn}{\@twocolumnfalse} \fi \DeclareOption{twocolumn}{\@twocolumntrue} \DeclareOption{leqno}{\input{leqno.clo}} \DeclareOption{fleqn}{\input{fleqn.clo}} \DeclareOption{openbib}{% \AtEndOfPackage{% \renewcommand\@openbib@code{% \advance\leftmargin\bibindent \itemindent -\bibindent \listparindent \itemindent \parsep \z@ }% \renewcommand\newblock{\par}}% } \ExecuteOptions{letterpaper,10pt,oneside,onecolumn,final} \ProcessOptions \input{size1\@ptsize.clo} \setlength\lineskip{1\p@} \setlength\normallineskip{1\p@} \renewcommand\baselinestretch{} \setlength\parskip{0\p@ \@plus \p@} \@lowpenalty 51 \@medpenalty 151 \@highpenalty 301 \setcounter{topnumber}{2} \renewcommand\topfraction{.7} \setcounter{bottomnumber}{1} \renewcommand\bottomfraction{.3} \setcounter{totalnumber}{3} \renewcommand\textfraction{.2} \renewcommand\floatpagefraction{.5} \setcounter{dbltopnumber}{2} \renewcommand\dbltopfraction{.7} \renewcommand\dblfloatpagefraction{.5} \if@twoside \def\ps@headings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markboth {\MakeUppercase{% \ifnum \c@secnumdepth >\z@ \thesection\quad \fi ##1}}{}}% \def\subsectionmark##1{% \markright {% \ifnum \c@secnumdepth >\@ne \thesubsection\quad \fi ##1}}} \else \def\ps@headings{% \let\@oddfoot\@empty \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markright {\MakeUppercase{% \ifnum \c@secnumdepth >\m@ne \thesection\quad \fi ##1}}}} \fi \def\ps@myheadings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\@gobbletwo \let\sectionmark\@gobble \let\subsectionmark\@gobble } \if@titlepage \newcommand\maketitle{\begin{titlepage}% \let\footnotesize\small \let\footnoterule\relax \let \footnote \thanks \null\vfil \vskip 60\p@ \begin{center}% {\LARGE \@title \par}% \vskip 3em% {\large \lineskip .75em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1.5em% {\large \@date \par}% % Set date in \large size. \end{center}\par \@thanks \vfil\null \end{titlepage}% \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \else \newcommand\maketitle{\par \begingroup \renewcommand\thefootnote{\@fnsymbol\c@footnote}% \def\@makefnmark{\rlap{\@textsuperscript{\normalfont\@thefnmark}}}% \long\def\@makefntext##1{\parindent 1em\noindent \hb@xt@1.8em{% \hss\@textsuperscript{\normalfont\@thefnmark}}##1}% \if@twocolumn \ifnum \col@number=\@ne \@maketitle \else \twocolumn[\@maketitle]% \fi \else \newpage \global\@topnum\z@ % Prevents figures from going at top of page. \@maketitle \fi \thispagestyle{plain}\@thanks \endgroup \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \def\@maketitle{% \newpage \null \vskip 2em% \begin{center}% \let \footnote \thanks {\LARGE \@title \par}% \vskip 1.5em% {\large \lineskip .5em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1em% {\large \@date}% \end{center}% \par \vskip 1.5em} \fi \setcounter{secnumdepth}{3} \newcounter {part} \newcounter {section} \newcounter {subsection}[section] \newcounter {subsubsection}[subsection] \newcounter {paragraph}[subsubsection] \newcounter {subparagraph}[paragraph] \renewcommand \thepart {\@Roman\c@part} \renewcommand \thesection {}%\@arabic\c@section} \renewcommand\thesubsection {\thesection.\@arabic\c@subsection} \renewcommand\thesubsubsection{\thesubsection .\@arabic\c@subsubsection} \renewcommand\theparagraph {\thesubsubsection.\@arabic\c@paragraph} \renewcommand\thesubparagraph {\theparagraph.\@arabic\c@subparagraph} \newcommand\part{% \if@noskipsec \leavevmode \fi \par \addvspace{4ex}% \@afterindentfalse \secdef\@part\@spart} \def\@part[#1]#2{% \ifnum \c@secnumdepth >\m@ne \refstepcounter{part}% \addcontentsline{toc}{part}{\thepart\hspace{1em}#1}% \else \addcontentsline{toc}{part}{#1}% \fi {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \ifnum \c@secnumdepth >\m@ne \Large\bfseries \partname~\thepart \par\nobreak \fi \huge \bfseries #2% \markboth{}{}\par}% \nobreak \vskip 3ex \@afterheading} \def\@spart#1{% {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \huge \bfseries #1\par}% \nobreak \vskip 3ex \@afterheading} \newcommand\section{\@startsection{section}{1}{ \z@} % {-3.5ex \@plus -1ex \@minus -.2ex}% {2.3ex \@plus.2ex}% {\normalfont\Large\bfseries}} \newcommand\subsection{\@startsection{subsection}{2}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\large\bfseries}} \newcommand\subsubsection{\@startsection{subsubsection}{3}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\normalsize\bfseries}} \newcommand\paragraph{\@startsection{paragraph}{4}{\z@}% {3.25ex \@plus1ex \@minus.2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \newcommand\subparagraph{\@startsection{subparagraph}{5}{\parindent}% {3.25ex \@plus1ex \@minus .2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \if@twocolumn \setlength\leftmargini {2em} \else \setlength\leftmargini {2.5em} \fi \leftmargin \leftmargini \setlength\leftmarginii {2.2em} \setlength\leftmarginiii {1.87em} \setlength\leftmarginiv {1.7em} \if@twocolumn \setlength\leftmarginv {.5em} \setlength\leftmarginvi {.5em} \else \setlength\leftmarginv {1em} \setlength\leftmarginvi {1em} \fi \setlength \labelsep {.5em} \setlength \labelwidth{\leftmargini} \addtolength\labelwidth{-\labelsep} \@beginparpenalty -\@lowpenalty \@endparpenalty -\@lowpenalty \@itempenalty -\@lowpenalty \renewcommand\theenumi{\@arabic\c@enumi} \renewcommand\theenumii{\@alph\c@enumii} \renewcommand\theenumiii{\@roman\c@enumiii} \renewcommand\theenumiv{\@Alph\c@enumiv} \newcommand\labelenumi{\theenumi.} \newcommand\labelenumii{(\theenumii)} \newcommand\labelenumiii{\theenumiii.} \newcommand\labelenumiv{\theenumiv.} \renewcommand\p@enumii{\theenumi} \renewcommand\p@enumiii{\theenumi(\theenumii)} \renewcommand\p@enumiv{\p@enumiii\theenumiii} \newcommand\labelitemi{\textbullet} \newcommand\labelitemii{\normalfont\bfseries \textendash} \newcommand\labelitemiii{\textasteriskcentered} \newcommand\labelitemiv{\textperiodcentered} \newenvironment{description} {\list{}{\labelwidth\z@ \itemindent-\leftmargin \let\makelabel\descriptionlabel}} {\endlist} \newcommand*\descriptionlabel[1]{\hspace\labelsep \normalfont\bfseries #1} \if@titlepage \newenvironment{abstract}{% \titlepage \null\vfil \@beginparpenalty\@lowpenalty \begin{center}% \bfseries \abstractname \@endparpenalty\@M \end{center}}% {\par\vfil\null\endtitlepage} \else \newenvironment{abstract}{% \if@twocolumn \section*{\abstractname}% \else \small \begin{center}% {\bfseries \abstractname\vspace{-.5em}\vspace{\z@}}% \end{center}% \quotation \fi} {\if@twocolumn\else\endquotation\fi} \fi \newenvironment{verse} {\let\\\@centercr \list{}{\itemsep \z@ \itemindent -1.5em% \listparindent\itemindent \rightmargin \leftmargin \advance\leftmargin 1.5em}% \item\relax} {\endlist} \newenvironment{quotation} {\list{}{\listparindent 1.5em% \itemindent \listparindent \rightmargin \leftmargin \parsep \z@ \@plus\p@}% \item\relax} {\endlist} \newenvironment{quote} {\list{}{\rightmargin\leftmargin}% \item\relax} {\endlist} \if@compatibility \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\z@ }% {\if@restonecol\twocolumn \else \newpage \fi } \else \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\@ne }% {\if@restonecol\twocolumn \else \newpage \fi \if@twoside\else \setcounter{page}\@ne \fi } \fi \newcommand\appendix{\par \setcounter{section}{0}% \setcounter{subsection}{0}% \gdef\thesection{\@Alph\c@section}} \setlength\arraycolsep{5\p@} \setlength\tabcolsep{6\p@} \setlength\arrayrulewidth{.4\p@} \setlength\doublerulesep{2\p@} \setlength\tabbingsep{\labelsep} \skip\@mpfootins = \skip\footins \setlength\fboxsep{3\p@} \setlength\fboxrule{.4\p@} \renewcommand \theequation {\@arabic\c@equation} \newcounter{figure} \renewcommand \thefigure {\@arabic\c@figure} \def\fps@figure{tbp} \def\ftype@figure{1} \def\ext@figure{lof} \def\fnum@figure{\figurename~\thefigure} \newenvironment{figure} {\@float{figure}} {\end@float} \newenvironment{figure*} {\@dblfloat{figure}} {\end@dblfloat} \newcounter{table} \renewcommand\thetable{\@arabic\c@table} \def\fps@table{tbp} \def\ftype@table{2} \def\ext@table{lot} \def\fnum@table{\tablename~\thetable} \newenvironment{table} {\@float{table}} {\end@float} \newenvironment{table*} {\@dblfloat{table}} {\end@dblfloat} \newlength\abovecaptionskip \newlength\belowcaptionskip \setlength\abovecaptionskip{10\p@} \setlength\belowcaptionskip{0\p@} \long\def\@makecaption#1#2{% \vskip\abovecaptionskip \sbox\@tempboxa{#1: #2}% \ifdim \wd\@tempboxa >\hsize #1: #2\par \else \global \@minipagefalse \hb@xt@\hsize{\hfil\box\@tempboxa\hfil}% \fi \vskip\belowcaptionskip} \DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} \DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} \DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} \DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} \DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} \DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} \DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} \DeclareRobustCommand*\cal{\@fontswitch\relax\mathcal} \DeclareRobustCommand*\mit{\@fontswitch\relax\mathnormal} \newcommand\@pnumwidth{1.55em} \newcommand\@tocrmarg{2.55em} \newcommand\@dotsep{4.5} \setcounter{tocdepth}{3} \newcommand\tableofcontents{% \section*{\contentsname \@mkboth{% \MakeUppercase\contentsname}{\MakeUppercase\contentsname}}% \@starttoc{toc}% } \newcommand*\l@part[2]{% \ifnum \c@tocdepth >-2\relax \addpenalty\@secpenalty \addvspace{2.25em \@plus\p@}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth {\leavevmode \large \bfseries #1\hfil \hb@xt@\@pnumwidth{\hss #2}}\par \nobreak \if@compatibility \global\@nobreaktrue \everypar{\global\@nobreakfalse\everypar{}}% \fi \endgroup \fi} \newcommand*\l@section[2]{% \ifnum \c@tocdepth >\z@ \addpenalty\@secpenalty \addvspace{1.0em \@plus\p@}% \setlength\@tempdima{1.5em}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth \leavevmode \bfseries \advance\leftskip\@tempdima \hskip -\leftskip #1\nobreak\hfil \nobreak\hb@xt@\@pnumwidth{\hss #2}\par \endgroup \fi} \newcommand*\l@subsection{\@dottedtocline{2}{1.5em}{2.3em}} \newcommand*\l@subsubsection{\@dottedtocline{3}{3.8em}{3.2em}} \newcommand*\l@paragraph{\@dottedtocline{4}{7.0em}{4.1em}} \newcommand*\l@subparagraph{\@dottedtocline{5}{10em}{5em}} \newcommand\listoffigures{% \section*{\listfigurename \@mkboth{\MakeUppercase\listfigurename}% {\MakeUppercase\listfigurename}}% \@starttoc{lof}% } \newcommand*\l@figure{\@dottedtocline{1}{1.5em}{2.3em}} \newcommand\listoftables{% \section*{\listtablename \@mkboth{% \MakeUppercase\listtablename}{\MakeUppercase\listtablename}}% \@starttoc{lot}% } \let\l@table\l@figure \newdimen\bibindent \setlength\bibindent{1.5em} \newenvironment{thebibliography}[1] { \section{\refname} % \@mkboth{\MakeUppercase\refname}{\MakeUppercase\refname}}% \list{}%\@biblabel{\@arabic\c@enumiv} {\settowidth\labelwidth{\@biblabel{#1}}% \leftmargin\labelwidth \advance\leftmargin\labelsep \@openbib@code \usecounter{enumiv}% \let\p@enumiv\@empty \renewcommand\theenumiv{}}%\@arabic\c@enumiv \sloppy \clubpenalty4000 \@clubpenalty \clubpenalty \widowpenalty4000% \sfcode`\.\@m} {\def\@noitemerr {\@latex@warning{Empty `thebibliography' environment}}% \endlist} \newcommand\newblock{\hskip .11em\@plus.33em\@minus.07em} \let\@openbib@code\@empty \newenvironment{theindex} {\if@twocolumn \@restonecolfalse \else \@restonecoltrue \fi \columnseprule \z@ \columnsep 35\p@ \twocolumn[\section*{\indexname}]% \@mkboth{\MakeUppercase\indexname}% {\MakeUppercase\indexname}% \thispagestyle{plain}\parindent\z@ \parskip\z@ \@plus .3\p@\relax \let\item\@idxitem} {\if@restonecol\onecolumn\else\clearpage\fi} \newcommand\@idxitem{\par\hangindent 40\p@} \newcommand\subitem{\@idxitem \hspace*{20\p@}} \newcommand\subsubitem{\@idxitem \hspace*{30\p@}} \newcommand\indexspace{\par \vskip 10\p@ \@plus5\p@ \@minus3\p@\relax} \renewcommand\footnoterule{% \kern-3\p@ \hrule\@width.4\columnwidth \kern2.6\p@} \newcommand\@makefntext[1]{% \parindent 1em% \noindent \hb@xt@1.8em{\hss\@makefnmark}#1} \newcommand\contentsname{Contents} \newcommand\listfigurename{List of Figures} \newcommand\listtablename{List of Tables} \newcommand\refname{} \newcommand\indexname{Index} \newcommand\figurename{Figure} \newcommand\tablename{Table} \newcommand\partname{Part} \newcommand\appendixname{Appendix} \newcommand\abstractname{Abstract} \def\today{\ifcase\month\or January\or February\or March\or April\or May\or June\or July\or August\or September\or October\or November\or December\fi \space\number\day, \number\year} \setlength\columnsep{10\p@} \setlength\columnseprule{0\p@} \pagestyle{plain} \pagenumbering{arabic} \if@twoside \else \raggedbottom \fi \if@twocolumn \twocolumn \sloppy \flushbottom \else \onecolumn \fi \endinput %% %% End of file `article.cls'. \ No newline at end of file diff --git a/docs/NARK/Resources/texmf-local/tex/latex/bibMake.tex b/docs/NARK/Resources/texmf-local/tex/latex/bibMake.tex deleted file mode 100755 index dd065bb4a..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/bibMake.tex +++ /dev/null @@ -1,6 +0,0 @@ - -\write18{if [ ! -f \jobname.bib ]; then touch \jobname.bib ; fi} -\write18{if [ ! -f \jobname-Add.bib ]; then touch \jobname-Add.bib ; fi} - -\bibliographystyle{econtex} -\bibliography{\jobname,\jobname-Add,economics} diff --git a/docs/NARK/Resources/texmf-local/tex/latex/cvBibMake.tex b/docs/NARK/Resources/texmf-local/tex/latex/cvBibMake.tex deleted file mode 100755 index 7d20b200c..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/cvBibMake.tex +++ /dev/null @@ -1,8 +0,0 @@ - -%\write18{if [ `kpsewhich economics.bib` != '' ]; then touch economics.bib ; fi} # This should be done only for final versions AFTER bibexport has occurred and \jobname.bib is populated -%\write18{if [ ! -f \jobname.bib ]; then touch \jobname.bib ; fi} -%\write18{if [ ! -f \jobname-Add.bib ]; then touch \jobname-Add.bib ; fi} - -%\bibliographystyle{econtex} -%\bibliography{economics,\jobname,\jobname-Add} -\bibliography{economics} diff --git a/docs/NARK/Resources/texmf-local/tex/latex/econtex.cls b/docs/NARK/Resources/texmf-local/tex/latex/econtex.cls deleted file mode 100755 index 1a7291c71..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/econtex.cls +++ /dev/null @@ -1,411 +0,0 @@ -%%% LaTeX class for economics -%%% -%%% author: Christopher Carroll -%%% license: LaTeX Project Public License -%%% -%%% Modified from style itaxpf by Arne Henningsen -%%% version: 1.0 (09 July 2007) -%%% license: LaTeX Project Public License -%%% -%%% Further information is available at -%%% http://www.uni-kiel.de/agrarpol/ahenningsen/latex-bibtex.html -%%% -%%% This document class is based on the "scrartcl" class -%%% from the KOMA script bundle. For documentation, Google KOMA-Script Documentation -%%% -%%% The corresponding BibTeX style file "econtex.bst" should be used -%%% for the bibliography: \bibliographystyle{econtex} -%%% -%%% In addition to the options for scrartcl, this package includes an additional option -%%% titlepage = include a title page (with command "\maketitle", or "\maketitleWithForcedDate{}") -%%% -%%% If an abstract is defined by \begin{abstract}\end{abstract} before \maketitle is invoked, -%%% it will appear on the title page -%%% -%%% If the titlepage option is invoked: -%%% \keywords can be used to show keywords below the abstract -%%% \jelclass can be used to show JEL classifications below the abstract -%%% \thanks{text of the thank-you footnote} produces a footnote at the bottom of the page containing the text - -\ProvidesClass{econtex}[2017/08/01 LaTeX class for economics papers, handouts, and exam questions written by Christopher Carroll] -\NeedsTeXFormat{LaTeX2e} -% \RequirePackage{rotating} -\RequirePackage{snapshot} % Creates list of external files used by a LaTeX document -\RequirePackage{ifthen} -\RequirePackage{changepage} - -% If unspecified whether pdf output (instead of dvi) is being used, determine that it SHOULD be -\newif\ifdvi\dvitrue -\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} - -% permit double spacing -\RequirePackage{setspace} -% \doublespacing - -% option to include a title page -\newcounter{IncludeTitlePage} -\setcounter{IncludeTitlePage}{0} -\DeclareOption{titlepage}{\setcounter{IncludeTitlePage}{1}} - -% pass any options on to the scrartcl class and load this class with some options -\DeclareOption*{\PassOptionsToClass{\CurrentOption}{scrartcl}} -\ProcessOptions\relax -\LoadClass[fontsize=12pt,english,numbers=noenddot,captions=tableheading,captions=nooneline]{scrartcl} -% pointlessnumbers = do not add final dot after ordinary section numbers -% tablecaptionabove = use \captionabove for captions above rather than below tables -% noonelinecaption = do not treat one-line captions differently - -% use new TeX encoding scheme (T1), which contains accented (European) letters, -% to make European hyphenations work -\RequirePackage[T1]{fontenc} - -% use babel package and set language to english -\RequirePackage[english]{babel} - -% spacing around formulas -\AtBeginDocument{ - \setlength{\abovedisplayshortskip}{6pt} - \setlength{\belowdisplayshortskip}{6pt} - \setlength{\abovedisplayskip}{6pt} - \setlength{\belowdisplayskip}{6pt} - \allowdisplaybreaks % Permits LaTeX to break long formulas across pages (?) -} - -%% Added the above info to the definition of normalsize -\def\normalsize{\@setfontsize \normalsize \@xiipt {14.5} - \abovedisplayskip 6\p@ \@plus 3\p@ \@minus 3\p@ - \belowdisplayskip \abovedisplayskip - \abovedisplayshortskip 6pt \belowdisplayshortskip 6pt - \let \@listi \@listI} -\normalsize - -% Don't indent the second and later lines of footnotes -\deffootnote[1em]{0.0em}{1em}{\textsuperscript{\thefootnotemark}} - -% spacing around captions and floats -\setlength{\abovecaptionskip}{6pt} -\setlength{\belowcaptionskip}{3pt} -\setlength{\floatsep}{0pt} -\setlength{\textfloatsep}{20pt} -\setlength{\intextsep}{15pt} - -\RequirePackage{calc} - -\newenvironment{Description} -{\begin{list}{}{\let\makelabel\Descriptionlabel - \setlength\labelwidth{75pt} - \setlength\labelsep{0pt} - \setlength\leftmargin{75pt} - \setlength\itemindent{0pt} - }} - {\end{list}} -\newcommand*\Descriptionlabel[1]{\textbf{#1}\hfil} - -\RequirePackage{cancel,verbatim, - amsmath,amssymb,amsfonts,amsthm - ,threeparttable,dcolumn,multicol,multirow,booktabs % table environment extensions - ,latexsym - ,afterpage - ,enotez - ,moreverb - ,hhline % Allow double hlines - ,tipa % Define more characters, in particular the \textthorn character - ,xcolor % Superceded color, which is WAY out of date - ,accents - ,appendix -} - -\DeclareInstance{enotez-list}{superscriptednotes}{paragraph} -{ - number = \textsuperscript{#1} -} -% to get endnotes with superscripts, use \printendnotes[superscriptednotes] - -% \RequirePackage{econtex} % Removed 20170801 because won't work when invoked from nonroot paths -% Contents of the file are pasted in below - -% ---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -% ---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -% To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -% To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -% To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -% To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -% -------------------------------------------------------- - - -\RequirePackage[mathscr]{eucal} -\RequirePackage[normalem]{ulem} -\providecommand\bmmax{0} % Prevent boldmath package from using up too much memory -\RequirePackage{bm} % Allow bold math -\RequirePackage{bbm} % Blackbord math - -% font for URLs -\RequirePackage{url} -\def\UrlFont{\ttfamily} - -\usepackage[econtex]{optional} % Enable the control of compilation using options passed on startup -\opt{EndFloats}{\RequirePackage[noheads,nolists,tablesfirst,nomarkers]{endfloat}} - -% page format, margins if PrintGeom option is invoked -\opt{PrintGeom}{ - \RequirePackage{geometry} - \geometry{letterpaper, tmargin=1.4in, bmargin=1.4in, lmargin=1.25in, - rmargin=1.25in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\opt{JournalFormatting}{ % BEJM requires 1.5 inch margins - \RequirePackage{geometry} - \geometry{letterpaper, tmargin=1.5in, bmargin=1.5in, lmargin=1.5in, - rmargin=1.5in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\providecommand{\textSizeDefault}{\normalsize} -\opt{bigWide}{\renewcommand{\textSizeDefault}{\large}} - -\providecommand{\abstractSizeDefault}{\small} -\opt{bigWide}{\renewcommand{\abstractSizeDefault}{\normalsize}} - -%% formatting section headers -\setkomafont{section}{\normalfont \Large \bfseries} -\setkomafont{subsection}{\normalfont \large} -\setkomafont{subsubsection}{\normalfont \itshape} - -% citations and bibliography -\RequirePackage[authoryear]{natbib} -\AtBeginDocument{\renewcommand{\refname}{References} - \renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} % Restore footnote defn after titlepage redefines it - \ifdvi - \else - \renewcommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht (which compiles using dvi) - \fi -} - -% captions of figures and tables -\setcapwidth[c]{\textwidth} -% \setcapindent*{0pt} -\setkomafont{captionlabel}{\centering \bfseries} -\setkomafont{caption}{\centering} -\renewcommand{\captionformat}{~ } - -\newcommand{\forcedate}[1]{\newcommand{\@forcedate}{#1}} - -% titlepage with title, author(s), and date - -\renewcommand{\maketitle}{ - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize \@date \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -\newcommand{\maketitleWithForcedDate}[1]{ - \ClassWarningNoLine{econtex}{\protect\maketitleWithForcedDate{} is deprecated. To set a date different from the current one, just use the \protect\date{(string desired to signify paper date)}} - - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize #1 \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -% abstract, keywords, JEL classification -\newcommand{\keywords}[1]{\newcommand{\@keywords}{#1}} -\newcommand{\jelclass}[1]{\newcommand{\@jelclass}{#1}} -\newcommand{\aspublished}[1]{\newcommand{\@aspublished}{#1}} - -\renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \ifdvi - \else % horizontal rule works well for PDF, not for html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \fi - \vspace*{4mm} - \abstractSizeDefault - \noindent \textbf{Abstract}\\ - \indent - }{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \ifdvi - \else - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \fi - \vspace*{0mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{econtex}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - - \begin{quote} - \begin{Description} - \item[\textbf{Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{econtex}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{JEL codes~}] \@jelclass - } - - \end{Description} - \ifthenelse{ \isundefined\@aspublished }{ - }{ - { - - \vspace{0.1in}\@aspublished} - }\end{quote} -} - -\setcounter{footnote}{0}% - -\medskip - -% avoid clubs and widows -\clubpenalty=1000 % penalty for breaking a page with only one sentence; set to 10000 to prohibit -\widowpenalty=10000 -% \displaywidowpenalty=10000 - -\hbadness 3000 % LaTeX default is 1000, which is too finicky - set to 10000 to get rid of complaints - -% increase stretchability of the spaces (avoid overfull hboxes) -\setlength{\emergencystretch}{3em} - - -\pagestyle{plain} -\thispagestyle{empty} - -\newcommand{\titlepagefinish}{\newpage - \renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} -} - - -\RequirePackage[multiple]{footmisc} -\RequirePackage{manyfoot} -\RequirePackage{perpage} \DefineFNsymbols{blank}[text]{{} {} {} {} {}} \setfnsymbol{blank} \DeclareNewFootnote{B}[fnsymbol] \MakePerPage{footnoteB} \renewcommand{\thanks}{\footnoteB} \newcommand{\thanksFooter}{\footnoteB} - -% 20170126: perpage package conflicts with something else so is removed in econtexMake.sh - -\hfuzz2pt % Don't bother to report over-full boxes if over-edge is < 2pt - -%%%%%%%%%% Added by Amy Hendrickson, TeXnology Inc. -%% Amy change, Feb 28, 2011 ==>> - -%%% Generalization of the author and authorinfo commands, based on -%%% the original code. - -%% Sample use: -%% \author{Christopher D. Carroll\authNum \\ -%% \and -%% Jiri Slacalek\authNum \\ -%% \and -%% Martin Sommer\authNum \\ -%% \and -%% Another Name\authNum -%% \and -%% Still Another Name\authNum -%% } - -\newcounter{authornum} % Use either \num or (preferred) \authNum to denote authors -\def\num{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} -\def\authNum{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} - -%% \begin{authorsinfo}...\end{authorsinfo} - -%% Now used: -%% \begin{authorsinfo} -%% \name{First author: info} -%% \\ -%% \name{Second author: info} -%% \\ -%% \name{Third author: info} -%% (and so on for as many authors -%% as you have) -%% \end{authorsinfo} -%% (note: the \\ doesn't do anything, but makes it easier to -%% see the separate author names.) - -\newcounter{bottomauthor} -\def\authorsinfo{\global\c@bottomauthor=0\setbox0=\vbox\bgroup\footnotesize - \let\\ \relax -} - -\def\endauthorsinfo{\egroup - \footnoteB{\unvbox0} -} - -\def\name#1{\global\advance\c@bottomauthor by 1\textsuperscript{\tiny \the\c@bottomauthor}{#1}{~~~~}} - -\makeatletter -\DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} -\DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} -\DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} -\DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} -\DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} -\DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} -\DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} -\makeatother diff --git a/docs/NARK/Resources/texmf-local/tex/latex/econtex.sty b/docs/NARK/Resources/texmf-local/tex/latex/econtex.sty deleted file mode 100755 index 1147b1e85..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/econtex.sty +++ /dev/null @@ -1,30 +0,0 @@ -%---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -%---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -%To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -%To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -%To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -%To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -%-------------------------------------------------------- diff --git a/docs/NARK/Resources/texmf-local/tex/latex/econtexBibMake.tex b/docs/NARK/Resources/texmf-local/tex/latex/econtexBibMake.tex deleted file mode 100755 index cb5ae56f5..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/econtexBibMake.tex +++ /dev/null @@ -1,7 +0,0 @@ - -%\write18{if [ `kpsewhich economics.bib` != '' ]; then touch economics.bib ; fi} # This should be done only for final versions AFTER bibexport has occurred and \jobname.bib is populated -\write18{if [ ! -f \jobname.bib ]; then touch \jobname.bib ; fi} -\write18{if [ ! -f \jobname-Add.bib ]; then touch \jobname-Add.bib ; fi} - -\bibliographystyle{econtex} -\bibliography{economics,\jobname,\jobname-Add} diff --git a/docs/NARK/Resources/texmf-local/tex/latex/econtexSetup.sty b/docs/NARK/Resources/texmf-local/tex/latex/econtexSetup.sty deleted file mode 100755 index 92e5dde52..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/econtexSetup.sty +++ /dev/null @@ -1,237 +0,0 @@ -\RequirePackage{wasysym -,psibycus % Greek language package, including koppa -,ushort -%,lscape % Pages in landscape mode go inside \begin{landscape}\end{landscape} % CONFLICTS WITH EPSTOPDF -} - -\newenvironment{CDCPrivate} % Environment for extra material not wanted in the public document -{\marginpar{\tiny beginCDC}}{\marginpar{\tiny endCDC}} % CDCPrivate - -\provideboolean{Web} -\setboolean{Web}{false} % reset to true if running via dvi; search for \ifdvi below - -\provideboolean{bigPrint} -\setboolean{bigPrint}{true} -\setboolean{bigPrint}{false} - -\provideboolean{wideMargins} -\setboolean{wideMargins}{true} -\setboolean{wideMargins}{false} - -\provideboolean{BigAndWide} -\setboolean{BigAndWide}{true} -\setboolean{BigAndWide}{false} - -% Options to set if being run from the shell (so autocompiled) -\opt{FromShell}{ -\setboolean{bigPrint}{false} -\setboolean{wideMargins}{false} -\setboolean{BigAndWide}{false} -} - -\opt{bigWide}{ -\setboolean{bigPrint}{true} -\setboolean{wideMargins}{true} -\setboolean{BigAndWide}{true} -\providecommand{\textSizeDefault}{\large} -\providecommand{\abstractSizeDefault}{\large} -} - -\opt{Aquamacs}{ -%\setboolean{bigPrint}{true} -%\setboolean{wideMargins}{true} -%\setboolean{BigAndWide}{true} -%\providecommand{\textSizeDefault}{\large} -%\providecommand{\abstractSizeDefault}{\large} -} - -\provideboolean{KoppaOn} -\setboolean{KoppaOn}{true} -%\setboolean{KoppaOn}{false} - -\ifthenelse{\boolean{KoppaOn}}{ -\providecommand{\koppa}{\text{\greek{k+}}} -\providecommand{\Koppa}{\text{\greek{K+}}} -\providecommand{\sampi}{\text{\greek{s+}}} -\providecommand{\cigma}{\text{\greek{c+}}} -\providecommand{\Cigma}{\text{\greek{C+}}} -}{ -\def\koppa{\mathbf{q}}\providecommand{\koppa}{$\mathbf{q}$}\providecommand{\Koppa}{$\mathbf{Q}$} -} - -% Keep the elements in the argument #1 together on the same page -\newcommand{\together}[1]{\noindent\parbox{\linewidth}{#1}} - -% html version of document must be constructed by running pdflatex in -% dvi output mode; code below creates an ifdvi construct that detects -% whether running in dvi mode and sets the options necessary to generate -% html version of document using tex4ht - -%\makeatletter -%\newif\ifdvi\dvitrue -%\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} -%\makeatother - -% dvi compilation only occurs if making the html version -\ifdvi - \setboolean{Web}{true} - \RequirePackage{tex4ht} - \RequirePackage{graphicx} - \RequirePackage[tex4ht]{hyperref} - \provideboolean{bigPrint}\setboolean{bigPrint}{true} % HTM output looks better in a larger font size - \providecommand{\wideMargins}{\null{}} % Wide margins doesn't mean anything for html documents - \newcommand{\CDCFig}[1]{\centerline{\includegraphics{#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics{#1}}} - \DeclareGraphicsExtensions{.png} - \providecommand{\textSizeDefault}{\large} - \providecommand{\titlepagefinish}{\newpage\textSizeDefault} - \providecommand{\abstractSizeDefault}{\large} - \providecommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht - \let\footnoterule\relax - \makeatletter - \renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{5mm} - \noindent \textbf{Abstract}\\ - \indent \abstractSizeDefault - }{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{3mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{bejournal}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - \begin{quote} - \begin{Description} - \item[\textbf{~~~~~~~~~~~~Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{bejournal}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{~~~~~~~~~~~~JEL codes~}] \@jelclass - \end{Description} - } - \end{quote} - \makeatother - } -\else -% \RequirePackage[pdftex]{graphicx} - \RequirePackage{graphicx} % requiring [pdftex] seems to interfere with Pandemic build -% \RequirePackage[plainpages=false]{hyperref} - \RequirePackage{hyperref} % plainpages seems to mess up BST - \hypersetup{ - pdffitwindow = false, % Don't rescale to fit size of window - pdfpagemode=UseThumbs, - pdfstartview=FitH, - pdfnewwindow = true, % Links open in new window - pdfproducer = {pdfLaTeX with hyperref} - } - \providecommand{\wideMargins}{\usepackage[twoside,marginparwidth=0in,left=0.5in,right=0.5in,top=0.5in,bottom=0.5in]{geometry}\usepackage{layouts}} - \ifthenelse{\boolean{wideMargins}}{\wideMargins}{} - \newcommand{\CDCFig}[1]{\centerline{\includegraphics[width=0.75\textwidth]{../Figures/#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics[width=7.8in,height=5.5in]{../Figures/#1}}} - \DeclareGraphicsExtensions{.pdf} - \ifthenelse{\boolean{bigPrint}}{\renewcommand{\titlepagefinish}{\newpage\large}}{} -\fi - -\newcolumntype{d}[1]{D{.}{.}{#1}} % Seems to need to come after hyperref - -\definecolor{darkblue}{rgb}{0.1,0.094,0.3} -\definecolor{darkred}{rgb}{0.3,0,0} -\hypersetup{colorlinks=true, % put a box around links - linkbordercolor = {1 0 0}, % the box will be red - pdfborder = {1 0 0}, % -% bookmarks=true, % PDF will contain an index on the RHS - urlcolor=darkred, - citecolor=darkblue, - linkcolor=darkred -} - -%% Define the title table as different from the regular table - -%\let\tabularTitle\tabular -%\let\endtabularTitle\endtabular - -%\newenvironment{tabularTitle}{\tabularTitle}{\endtabularTitle} -\newenvironment{tabularTitle}{\tabular}{\endtabular} - -\providecommand{\SolvingMicroDSOPs}{\href{https://www.econ2.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}{SolvingMicroDSOPs}} - -\newcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Consumption/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutF}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1.pdf}{\texttt{#1}}} -\newcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList.pdf}{\texttt{MathFacts}}} -\newcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{#1}}} -\newcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation.pdf}{\texttt{Aggregation}}} - - -% If doing a web version, renewcommands link to the html versions of handouts -\ifdvi -\renewcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/#1}{\texttt{#1}}} -\renewcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1}{\texttt{#1}}} -\renewcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1}{\texttt{#1}}} -\renewcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1}{\texttt{#1}}} -\renewcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFactsList/#1}{\texttt{#1}}} -\fi -\renewcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{MathFacts}}} -\renewcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation/}{\texttt{Aggregation}}} - -% Generic starting text for MathFactsList generated file -\message{Including MathFactsList.defs} -\providecommand{\CRRALim}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#CRRALim}{\ensuremath{\mathtt{[CRRALim]}}}} -\providecommand{\ELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNorm}{\ensuremath{\mathtt{[ELogNorm]}}}} -\providecommand{\ELogNormMeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormMeanOne}{\ensuremath{\mathtt{[ELogNormMeanOne]}}}} -\providecommand{\ELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormTimes}{\ensuremath{\mathtt{[ELogNormTimes]}}}} -\providecommand{\EulersTheorem}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#EulersTheorem}{\ensuremath{\mathtt{[EulersTheorem]}}}} -\providecommand{\ExpEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpEps}{\ensuremath{\mathtt{[ExpEps]}}}} -\providecommand{\ExpPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpPlus}{\ensuremath{\mathtt{[ExpPlus]}}}} -\providecommand{\FinSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSum}{\ensuremath{\mathtt{[FinSum]}}}} -\providecommand{\FinSumMult}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSumMult}{\ensuremath{\mathtt{[FinSumMult]}}}} -\providecommand{\InfSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSum}{\ensuremath{\mathtt{[InfSum]}}}} -\providecommand{\InfSumMult}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSumMult}{\ensuremath{\mathtt{[InfSumMult]}}}} -\providecommand{\LogELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNorm}{\ensuremath{\mathtt{[LogELogNorm]}}}} -\providecommand{\LogELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNormTimes}{\ensuremath{\mathtt{[LogELogNormTimes]}}}} -\providecommand{\LogEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogEps}{\ensuremath{\mathtt{[LogEps]}}}} -\providecommand{\LogMeanMPS}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogMeanMPS}{\ensuremath{\mathtt{[LogMeanMPS]}}}} -\providecommand{\MeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MeanOne}{\ensuremath{\mathtt{[MeanOne]}}}} -\providecommand{\MultPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MultPlus}{\ensuremath{\mathtt{[MultPlus]}}}} -\providecommand{\NormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#NormTimes}{\ensuremath{\mathtt{[NormTimes]}}}} -\providecommand{\OverPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#OverPlus}{\ensuremath{\mathtt{[OverPlus]}}}} -\providecommand{\SmallSmallZero}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SmallSmallZero}{\ensuremath{\mathtt{[SmallSmallZero]}}}} -\providecommand{\SumNormsIsNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SumNormsIsNorm}{\ensuremath{\mathtt{[SumNormsIsNorm]}}}} -\providecommand{\TaylorOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorOne}{\ensuremath{\mathtt{[TaylorOne]}}}} -\providecommand{\TaylorTwo}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorTwo}{\ensuremath{\mathtt{[TaylorTwo]}}}} -\RequirePackage{ifthen} - -\provideboolean{AnswersTF}\setboolean{AnswersTF}{false} % Default is no answers; run with \UseOption{Answers} from shell to generate answers - - -\provideboolean{ExamQ} -\setboolean{ExamQ}{false} -\newcommand{\ifExamQuestion}{\ifthenelse{\boolean{ExamQ}}} - -\provideboolean{SpaceBetweenAnswers} -\setboolean{SpaceBetweenAnswers}{true} -\providecommand{\AnswerOrBlankSpace}{\ifthenelse{\boolean{SpaceBetweenAnswers}}} - -\opt{Answers}{\provideboolean{AnswersTF}\setboolean{AnswersTF}{true}} - -\newcommand{\ifAnswers}{\ifthenelse{\boolean{AnswersTF}}} -\newcommand{\answer}[2]{\ifthenelse{\boolean{AnswersTF}}{ - -{\it Answer:} -\begin{quote} -#1 -\end{quote} -} -{#2}} diff --git a/docs/NARK/Resources/texmf-local/tex/latex/econtexShortcuts.sty b/docs/NARK/Resources/texmf-local/tex/latex/econtexShortcuts.sty deleted file mode 100755 index d2e7f24f3..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/econtexShortcuts.sty +++ /dev/null @@ -1,662 +0,0 @@ -\providecommand{\aAgg}{\ensuremath{\mathsf{A}}} -\providecommand{\aboveMin}{\blacktriangle} -\providecommand{\adjPar}{\ensuremath{\omega}} -\providecommand{\adj}{\ensuremath{\mathrm{j}}} -\providecommand{\aE}{\aRat^{e}} -\providecommand{\aFunc}{\ensuremath{\mathrm{a}}} -\providecommand{\Age}{\ensuremath{Z}} -\providecommand{\age}{\ensuremath{z}} -\providecommand{\ALevBF}{\ensuremath{\mathbf{A}}} -\providecommand{\aLevBF}{\ensuremath{\mathbf{a}}} -\providecommand{\ALev}{\ensuremath{A}} -\providecommand{\aLev}{\ensuremath{a}} -\providecommand{\Alive}{\ensuremath{\aleph}} -\providecommand{\Alt}{\grave} -\providecommand{\aMin}{\ensuremath{\underline{\aRat}}} -\providecommand{\ARat}{\ensuremath{A}} -\providecommand{\aRat}{\ensuremath{a}} -\providecommand{\ASS}{\ensuremath{\ensuremath{A}}} -\providecommand{\aSS}{\ensuremath{\ensuremath{a}}} -\providecommand{\ATarg}{\ensuremath{\check{A}}} -\providecommand{\aTarg}{\ensuremath{\check{a}}} -\providecommand{\BE}{\BRat^{e}} -\providecommand{\bE}{\bRat^{e}} -\providecommand{\BLevBF}{\ensuremath{\mathbf{B}}} -\providecommand{\bLevBF}{\ensuremath{\mathbf{b}}} -\providecommand{\BLevE}{\ensuremath{\BLev^{e}}} -\providecommand{\bLevE}{\ensuremath{\bLev^{e}}} -\providecommand{\BLevU}{\ensuremath{\BLev^{u}}} -\providecommand{\bLevU}{\ensuremath{\bLev^{u}}} -\providecommand{\BLev}{\ensuremath{B}} -\providecommand{\bLev}{\ensuremath{b}} -\providecommand{\bMin}{\ensuremath{\underline{\bRat}}} -\providecommand{\bRatE}{\ensuremath{b}^{e}} -\providecommand{\BRatE}{\ensuremath{B}^{e}} -\providecommand{\bRatU}{\ensuremath{b}^{u}} -\providecommand{\BRat}{\ensuremath{B}} -\providecommand{\bRat}{\ensuremath{b}} -\providecommand{\bTargE}{\ensuremath{\check{b}^{e}}} -\providecommand{\BTargTarg}{\Target{\Target{\BRat}}} -\providecommand{\bTargTarg}{\Target{\Target{\bRat}}} -\providecommand{\BTarg}{\ensuremath{\check{B}}} -\providecommand{\bTarg}{\ensuremath{\check{b}}} -\providecommand{\BU}{{B}^{u}} -\providecommand{\bU}{{b}^{u}} -\providecommand{\cAgg}{\ensuremath{\pmb{C}}} -\providecommand{\CARA}{\ensuremath{\alpha}} -\providecommand{\ccRat}{\ensuremath{\mathsf{c}}} -\providecommand{\CDF}{\ensuremath{\mathcal{F}}} -\providecommand{\CEndFunc}{\ensuremath{\mathfrak{C}}} -\providecommand{\cEndFunc}{\ensuremath{\mathfrak{c}}} -\providecommand{\cEss}{{c}^{e}} -\providecommand{\CE}{\CRat^{e}} -\providecommand{\cE}{\cRat^{e}} -\providecommand{\cFuncAbove}{\ensuremath{\bar{\mathrm{c}}}} -\providecommand{\cFuncBelow}{\ensuremath{\uline{\mathrm{c}}}} -\providecommand{\cFuncMax}{\ensuremath{\bar{\bar{\mathrm{c}}}}} -\providecommand{\CFunc}{\ensuremath{\mathrm{C}}} -\providecommand{\cFunc}{\ensuremath{\mathrm{c}}} -\providecommand{\cFunc}{\ensuremath{\mathrm{c}}} -\providecommand{\CGroOverG}{\ensuremath{\Upsilon}} -\providecommand{\CGroOverR}{\ensuremath{\Phi}} -\providecommand{\CGroPF}{\ensuremath{\Lambda}} -\providecommand{\cGroPF}{\ensuremath{\lambda}} -\providecommand{\CGroPS}{\ensuremath{\chi}} % Precautionary Saving boost to consumption growth -\providecommand{\chiFunc}{\pmb{\chi}} -\providecommand{\Chi}{\ensuremath{\mathrm{X}}} % capital chi is sometimes useful, and not native to LaTeX -\providecommand{\CLevBF}{\ensuremath{\mathbf{C}}} -\providecommand{\cLevBF}{\ensuremath{\mathbf{c}}} -\providecommand{\CLevE}{\CLev^{e}} -\providecommand{\cLevE}{\cLev^{e}} -\providecommand{\cLevFunc}{\ensuremath{\pmb{\cFunc}}} -\providecommand{\CLevU}{\CLev^{u}} -\providecommand{\cLevU}{\cLev^{u}} -\providecommand{\cLev}{\ensuremath{c}} -\providecommand{\CLev}{\ensuremath{C}} -\providecommand{\Cons}{\ensuremath{C}} -\providecommand{\cons}{\ensuremath{c}} -\providecommand{\corr}{\varrho} -\providecommand{\cPDVFunc}{\ensuremath{\mathbb{C}}} -\providecommand{\CPDV}{\ensuremath{\text{PDV($C$)}}} -\providecommand{\cPPP}{\cons^{\prime\prime\prime}} -\providecommand{\cPP}{\cons^{\prime\prime}} -\providecommand{\cP}{\cons^{\prime}} -\providecommand{\cRatBF}{\ensuremath{\pmb{c}}} -\providecommand{\CRatE}{\CRat^{e}} -\providecommand{\cRatE}{\cRat^{e}} -\providecommand{\CRatU}{\CRat^{u}} -\providecommand{\cRatU}{\cRat^{u}} -\providecommand{\CRat}{\ensuremath{C}} -\providecommand{\cRat}{\ensuremath{c}} -\providecommand{\CRRA}{\ensuremath{\rho}} -\providecommand{\CTargE}{\CTarg^{\null}} -\providecommand{\cTargE}{\ensuremath{\Target{c}^{e}}} -\providecommand{\cTargTarg}{\Target{\Target{\cRat}}} -\providecommand{\CTarg}{\ensuremath{\Target{C}}} -\providecommand{\cTarg}{\ensuremath{\Target{c}}} -\providecommand{\curr}{1} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\Curr}{t} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\CU}{\CRat^{u}} -\providecommand{\cU}{\cRat^{u}} -\providecommand{\dRat}{\ensuremath{d}} -\providecommand{\debtLim}{\mathsf{d}} -\providecommand{\Debt}{\ensuremath{D}} -\providecommand{\debt}{\ensuremath{d}} -\providecommand{\DeprFac}{\ensuremath{\daleth}} -\providecommand{\Depr}{\ensuremath{\daleth}} -\providecommand{\depr}{\ensuremath{\delta}} -\providecommand{\deprRte}{\ensuremath{\delta}} % New -\providecommand{\DiscAltuAdj}{\ensuremath{\underline{\underline{\beth}}}} -\providecommand{\DiscAlt}{\ensuremath{\beth}} -\providecommand{\Discount}{\ensuremath{\beta}} -\providecommand{\DiscRate}{\ensuremath{\vartheta}} -\providecommand{\DiscRte}{\ensuremath{\vartheta}} % New -\providecommand{\discRte}{\ensuremath{\vartheta}} % New -\providecommand{\DiscFac}{\ensuremath{\beta}} % New -\providecommand{\DivGro}{\ensuremath{\mathrm{G}}} -\providecommand{\divGro}{\ensuremath{\mathsf{g}}} -\providecommand{\Div}{\ensuremath{D}} -% \providecommand{\div}{\ensuremath{d}} reserved for divide -\providecommand{\DLev}{\ensuremath{D}} -\providecommand{\Dvdnd}{\ensuremath{\mathbf{D}}} -\providecommand{\dvdnd}{\ensuremath{d}} -\providecommand{\edvdnd}{\grave{\dvdnd}} -\providecommand{\EEndMap}{\ensuremath{\mathsf{E}}} -\providecommand{\effUnits}{\ensuremath{X}} -\providecommand{\eFunc}{\ensuremath{\mathrm{e}}} -\providecommand{\ELev}{\ensuremath{E}} -\providecommand{\ek}{\ensuremath{\lambda}} -\providecommand{\EmpGro}{\ensuremath{\Xi}} -\providecommand{\empGro}{\ensuremath{\xi}} -\providecommand{\empState}{\xi} % employment state indicator variable -\providecommand{\EpremLog}{\varphi} % Not using regular \eprem because want to distinguish between \varphi = log E_{t}[\Phi_{t+1}] and \phi_{t} = E[\log \Phi_{t}] -\providecommand{\EPrem}{\Phi} % equity premium -\providecommand{\eprem}{\phi} % log equity premium -\providecommand{\EpShkInv}{\Ex[\pShk^{-1}]} -\providecommand{\erate}{\ensuremath{\cancel{\mho}}} -\providecommand{\error}{\ensuremath{\epsilon}} -\providecommand{\Err}{\ensuremath{Z}} -\providecommand{\err}{\ensuremath{z}} -\providecommand{\err}{\ensuremath{z}} -\providecommand{\Estdr}{\ensuremath{\sigma_{\risky}}} % Standard deviation of log return on risky asset -\providecommand{\Evarr}{\ensuremath{\sigma_{\risky}^{2}}} % Variance of log return on risky asset -\providecommand{\EVarr}{\sigma_{\Risky}^{2}} % Variance of level return on risky asset (when returns norm dist) -\providecommand{\expend}{\ensuremath{\xi}} -%\providecommand{\Ex}{\ensuremath{\mathbb{E}}} % Expectations operator defined in econtex.cls -\providecommand{\FDist}{\ensuremath{\mathcal{F}}} -\providecommand{\fDist}{\ensuremath{\mathcal{f}}} -\providecommand{\FFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\fFunc}{\ensuremath{\mathrm{f}}} -\providecommand{\FLev}{\ensuremath{F}} -\providecommand{\fLev}{\ensuremath{f}} -\providecommand{\fPP}{\ensuremath{\mathrm{f}^{\prime\prime}}} -\providecommand{\FPP}{\ensuremath{\mathrm{F}^{\prime\prime}}} -\providecommand{\fP}{\ensuremath{\mathrm{f}^{\prime}}} -\providecommand{\FP}{\ensuremath{\mathrm{F}^{\prime}}} -\providecommand{\GLev}{\ensuremath{G}} -\providecommand{\GovNW}{\ensuremath{N}} -\providecommand{\govNW}{\ensuremath{n}} -\providecommand{\GovSpend}{\ensuremath{X}} -\providecommand{\govSpend}{\ensuremath{x}} -\providecommand{\Habit}{\ensuremath{H}} -\providecommand{\Habit}{\ensuremath{H}} -\providecommand{\habit}{\ensuremath{h}} -\providecommand{\Ham}{\ensuremath{\mathcal{H}}} % Hamiltonian -\providecommand{\HARKcore}{\texttt{HARKcore}} -\providecommand{\hEndMin}{\ensuremath{\underline{\mathfrak{h}}}} -\providecommand{\hEnd}{\ensuremath{\mathfrak{h}}} -\providecommand{\hFunc}{\ensuremath{\mathrm{h}}} -\providecommand{\Hi}{\hat} -\providecommand{\HLevBF}{\ensuremath{\mathbf{H}}} -\providecommand{\hLevBF}{\ensuremath{\mathbf{h}}} -\providecommand{\HLev}{\ensuremath{\pmb{H}}} -\providecommand{\hLev}{\ensuremath{\pmb{h}}} -\providecommand{\hMin}{\ensuremath{\underline{\h}}} -\providecommand{\HMin}{\ensuremath{\underline{H}}} -\providecommand{\hours}{\ensuremath{\mathfrak{h}}} -\providecommand{\Hours}{\ensuremath{\mathfrak{H}}} -\providecommand{\HRat}{\ensuremath{H}} -\providecommand{\hRat}{\ensuremath{h}} -\providecommand{\h}{\ensuremath{h}} -%\providecommand{\H}{\ensuremath{H}} -\providecommand{\iFunc}{\ensuremath{\mathrm{i}}} -\providecommand{\IFunc}{\ensuremath{\mathrm{I}}} -\providecommand{\ILev}{\ensuremath{I}} -\providecommand{\iLev}{\ensuremath{i}} -\providecommand{\impg}{{\imath}_{\pGro}} -\providecommand{\ImpG}{{\Im}_{\PGro}} -\providecommand{\impr}{{\imath}_{\rfree}} -\providecommand{\ImpR}{{\Im}_{\Rfree}} -\providecommand{\Inc}{{Y}} -\providecommand{\inc}{{y}} -\providecommand{\InvEpShkInv}{\underline{\psi}} -\providecommand{\Inv}{{I}} -\providecommand{\inv}{{i}} -\providecommand{\IRat}{\ensuremath{I}} -\providecommand{\iRat}{\ensuremath{i}} -\providecommand{\itc}{\ensuremath{\zeta}} -\providecommand{\jFunc}{\ensuremath{\mathrm{j}}} -\providecommand{\JLev}{\ensuremath{J}} -\providecommand{\kapRent}{\ensuremath{\varkappa}} -\providecommand{\kapShare}{\ensuremath{\alpha}} -\providecommand{\Kap}{{K}} -\providecommand{\kap}{{k}} -\providecommand{\KFunc}{\ensuremath{\mathrm{K}}} -\providecommand{\kFunc}{\ensuremath{\mathrm{k}}} -\providecommand{\KLevBF}{\ensuremath{\mathbf{K}}} -\providecommand{\kLevBF}{\ensuremath{\mathbf{k}}} -\providecommand{\KLev}{\ensuremath{K}} -\providecommand{\kLev}{\ensuremath{k}} -\providecommand{\kPriceAfterITC}{\ensuremath{\mathscr{P}}} -\providecommand{\kPrice}{\ensuremath{\mathsf{P}}} -\providecommand{\KRat}{\ensuremath{K}} -\providecommand{\kRat}{\ensuremath{k}} -\providecommand{\kTargE}{\ensuremath{\Target{k}^{e}}} -\providecommand{\kTarg}{\ensuremath{\Target{k}}} -\providecommand{\labor}{\ensuremath{\ell}} % -\providecommand{\Labor}{\ensuremath{L}} -\providecommand{\labShare}{\ensuremath{\nu}} -\providecommand{\Leisure}{Z} % -\providecommand{\leisure}{z} % -\providecommand{\leiShare}{\ensuremath{\zeta}} % -\providecommand{\LGro}{\ensuremath{\Lambda}} -\providecommand{\lGro}{\ensuremath{\lambda}} -\providecommand{\LLevBF}{\ensuremath{\mathbf{L}}} -\providecommand{\lLevBF}{\ensuremath{\pmb{\ell}}} -\providecommand{\lLev}{\ensuremath{\ell}} -\providecommand{\LLev}{\ensuremath{L}} -\providecommand{\Lo}{\check} -\providecommand{\LRat}{\ensuremath{L}} -\providecommand{\MaxMaxMPC}{\ensuremath{\bar{\bar{\kappa}}}} -\providecommand{\MaxMinMPC}{\ensuremath{\hat{\underline{\kappa}}}} -\providecommand{\MaxMPC}{\ensuremath{\bar{\kappa}}} -\providecommand{\MaxMPS}{\ensuremath{\PatR}} -\providecommand{\Mean}{\ensuremath{\mathbb{M}}} % Mean -\providecommand{\mEss}{\check{m}^{e}} -\providecommand{\ME}{\MRat^{e}} -\providecommand{\mE}{\mRat^{e}} -\providecommand{\mFunc}{\ensuremath{\mathrm{m}}} -\providecommand{\MinMinMPC}{\ensuremath{\underline{\kappa}}} -\providecommand{\MinMPC}{\ensuremath{\uline{\kappa}}} -\providecommand{\MinMPS}{\ensuremath{\pZero^{1/\CRRA} \PatR}} -\providecommand{\MLevBF}{\ensuremath{\mathbf{M}}} -\providecommand{\mLevBF}{\ensuremath{\mathbf{m}}} -\providecommand{\mLevBF}{\ensuremath{\mathbf{m}}} -\providecommand{\mLevE}{\mLev^{e}} -\providecommand{\MLev}{\ensuremath{M}} -\providecommand{\mLev}{\ensuremath{m}} -\providecommand{\MPCE}{\MPC^{e}} -\providecommand{\MPCFunc}{\ensuremath{\pmb{\kappa}}} -\providecommand{\MPCPPF}{\ensuremath{\Pi}} -\providecommand{\MPCP}{\ensuremath{\pi}} -\providecommand{\MPCU}{\MPC^{u}} -\providecommand{\MPC}{\ensuremath{\kappa}} -\providecommand{\MPSFunc}{\ensuremath{\pmb{lambda}}} -\providecommand{\MPS}{\ensuremath{\lambda}} -\providecommand{\MRatE}{\MRat^{e}} -\providecommand{\mRatE}{\mRat^{e}} -\providecommand{\MRat}{\ensuremath{M}} -\providecommand{\mRat}{\ensuremath{m}} -\providecommand{\MSS}{\ensuremath{\breve{M}}} -\providecommand{\mSS}{\ensuremath{\breve{m}}} -\providecommand{\mTarg}{\check{m}} -\providecommand{\MU}{{M}^{u}} -\providecommand{\mU}{{m}^{u}} -%\providecommand{\m}{\ensuremath{m}} -%\providecommand{\M}{\ensuremath{M}} -%\providecommand{\next}{2} % via search-and-replace -\providecommand{\Next}{t+1} % -\providecommand{\nFunc}{\ensuremath{\mathrm{n}}} -\providecommand{\NLev}{\ensuremath{N}} -\providecommand{\nLev}{\ensuremath{n}} -\providecommand{\NRat}{\ensuremath{N}} -\providecommand{\nRat}{\ensuremath{n}} -\providecommand{\Num}{\ensuremath{N}} -\providecommand{\nIter}{\ensuremath{n}} -\providecommand{\OLevBF}{\ensuremath{\mathbf{O}}} -\providecommand{\oLevBF}{\ensuremath{\mathbf{o}}} -\providecommand{\OLev}{\ensuremath{O}} -\providecommand{\oLev}{\ensuremath{\pmb{o}}} -\providecommand{\ORat}{\ensuremath{O}} -\providecommand{\oRat}{\ensuremath{o}} -\providecommand{\Pareto}{\zeta} -\providecommand{\PatPGroAdj}{\text{\pmb{\Thorn}}_{\underline{\PGro}}} -\providecommand{\patpGroAdj}{\text{\thorn}_{\underline{\pGro}}} -\providecommand{\patpGrohat}{\hat{\text{\thorn}}_{\pGro}} -\providecommand{\PatPGro}{\text{\pmb{\Thorn}}_{\PGro}} -\providecommand{\patpGro}{\text{\thorn}_{\pGro}} -\providecommand{\PatR}{\text{\pmb{\Thorn}}_{\Rfree}} -\providecommand{\patr}{\text{\thorn}_{\rfree}} -\providecommand{\PatU}{\text{\pmb{\Thorn}}_{\urate}} -\providecommand{\patu}{\text{\thorn}_{\urate}} -\providecommand{\PatWGro}{\text{\pmb{\Thorn}}_{\WGro}} -\providecommand{\patwGro}{\text{\thorn}_{\wGro}} -\providecommand{\Pat}{\text{\pmb{\Thorn}}} -\providecommand{\pat}{\text{\thorn}} -\providecommand{\pDeadRate}{\ensuremath{\grave{\cancel{\mathsf{d}}}}} -\providecommand{\pDead}{\ensuremath{\mathfrak{D}}} -\providecommand{\pDieRate}{\ensuremath{\grave{\mathsf{d}}}} -\providecommand{\pDies}{\ensuremath{\mathsf{d}}} % Continuous time death rate -\providecommand{\PDies}{\ensuremath{\mathsf{D}}} % Discrete-time one-period death rate -\providecommand{\diePrb}{\ensuremath{\mathsf{d}}} % Continuous time death rate -\providecommand{\DiePrb}{\ensuremath{\mathsf{D}}} % Discrete-time one-period death rate -\providecommand{\PDV}{\ensuremath{\mathbb{P}}} % PDV -\providecommand{\PGroAdj}{\ensuremath{\underline{\PGro}}} -\providecommand{\pGroAdj}{\ensuremath{\underline{\pGro}}} -\providecommand{\PGrouAdj}{\ensuremath{\underline{\underline{\PGro}}}} -\providecommand{\pGrouAdj}{\ensuremath{\underline{\underline{{\pGro}}}}} -\providecommand{\PGro}{\ensuremath{\Gamma}} -\providecommand{\pGro}{\ensuremath{\gamma}} -\providecommand{\permGroFac}{\ensuremath{\Gamma}} % Econ-ARK -\providecommand{\permGroRte}{\ensuremath{\gamma}} % Econ-ARK -\providecommand{\phiFunc}{\ensuremath{\digamma}} -\providecommand{\PIHMPC}{\ensuremath{\varkappa}} -\providecommand{\PInc}{\ensuremath{P}} -\providecommand{\PLabor}{\ensuremath{P}} % Permanent labor income in levels -\providecommand{\Plabor}{P} % Permanent labor income in levels -\providecommand{\PLevBF}{\ensuremath{\mathbf{P}}} -\providecommand{\pLevBF}{\ensuremath{\mathbf{p}}} -\providecommand{\PLev}{\ensuremath{P}} -\providecommand{\pLog}{\ensuremath{p}} -\providecommand{\pLev}{\ensuremath{\pmb{p}}} -\providecommand{\PLev}{\ensuremath{P}} -\providecommand{\LivPrb}{\ensuremath{\cancel{\DiePrb}}} -\providecommand{\livPrb}{\ensuremath{\cancel{\diePrb}}} -\providecommand{\PLives}{\ensuremath{\cancel{\PDies}}} -\providecommand{\pLives}{\ensuremath{\cancel{\pDies}}} -%\providecommand{\pNotZero}{\ensuremath{\cancel{\wp}}} -\providecommand{\pNotZero}{(1-\pZero)} -\providecommand{\PopE}{\mathcal{E}} -\providecommand{\popE}{e} -\providecommand{\PopGro}{\ensuremath{\Xi}} -\providecommand{\popGro}{\ensuremath{\xi}} -\providecommand{\PopLev}{\ensuremath{\pmb{N}}} -\providecommand{\PopU}{\mathcal{U}} -\providecommand{\Pop}{\ensuremath{L}} -\providecommand{\PostITC}{\ensuremath{\cancel{\zeta}}} -\providecommand{\power}{\ensuremath{\eta}} -\providecommand{\pPDVFunc}{\ensuremath{\mathbb{P}}} -\providecommand{\PPDV}{\ensuremath{\text{PDV($P$)}}} -\providecommand{\pRat}{\ensuremath{p}} -\providecommand{\Price}{\ensuremath{\mathsf{P}}} -\providecommand{\ProdFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\ProdFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\prodFunc}{\ensuremath{\mathrm{f}}} -\providecommand{\prudEx}{\ensuremath{\omega}} -\providecommand{\prud}{\ensuremath{\eta}} -\providecommand{\pSav}{\ensuremath{\phi}} -\providecommand{\pShkMin}{\underline{\psi}} % -\providecommand{\PShk}{\Psi} % -\providecommand{\PermShkAgg}{\Psi} % New -\providecommand{\PermShk}{\Psi} % New -\providecommand{\permShk}{\psi} % New -\providecommand{\pShk}{\psi} % -\providecommand{\permShkInd}{\psi} % New -\providecommand{\pshk}{\psi} % -\providecommand{\PtyGro}{\ensuremath{\Phi}} -\providecommand{\ptyGro}{\ensuremath{\phi}} -\providecommand{\PtyLab}{\ensuremath{\mathrm{Z}}} % Labor productivity -\providecommand{\ptyLab}{\ensuremath{z}} % usually, log of \PtyLab -\providecommand{\PtyLev}{\ensuremath{A}} % Multiplies overall production function -\providecommand{\ptyLev}{\ensuremath{a}} % Usually, log of \PtyLev -\providecommand{\pZero}{\ensuremath{\wp}} -\providecommand{\QLev}{\ensuremath{Q}} -\providecommand{\q}{\ensuremath{\koppa}} -\providecommand{\RCpnd}{\ensuremath{\mathbf{R}}} -\providecommand{\RevFunc}{\ensuremath{\pmb{\Pi}}} -\providecommand{\revFunc}{\ensuremath{\pmb{\pi}}} -\providecommand{\Rev}{\ensuremath{\Pi}} -\providecommand{\rev}{\ensuremath{\pi}} -\providecommand{\rfree}{\ensuremath{\mathsf{r}}} % The net return on the safe asset at an annual rate -\providecommand{\Rfree}{\ensuremath{\mathsf{R}}} % The return factor on the safe asset - unfortunately mathfrak fonts don't come through for tth -\providecommand{\RFunc}{\ensuremath{\mathrm{R}}} -\providecommand{\RGross}{\ensuremath{\breve{\mathsf{R}}}} -\providecommand{\rGross}{\ensuremath{\breve{\mathsf{r}}}} -%\providecommand{\RiskyAlt}{\ensuremath{\acute{\mathbf{R}}}} % The return on the risky asset -\providecommand{\RiskyAlt}{\ensuremath{\pmb{\mathfrak{R}}}} % The return on the risky asset -% \providecommand{\riskyAlt}{\ensuremath{\acute{\mathbf{r}}}} % The net return on the risky asset annual rate -\providecommand{\riskyAlt}{\ensuremath{\pmb{\mathfrak{r}}}} % The net return on the risky asset annual rate -\providecommand{\riskyshare}{\ensuremath{\varsigma}} -\providecommand{\Risky}{\ensuremath{\mathbf{R}}} % The return on the risky asset -\providecommand{\risky}{\ensuremath{\mathbf{r}}} % The net return on the risky asset annual rate -\providecommand{\RLev}{\ensuremath{R}} % Rate of return (but better to use \Rfree or \Risky or something else more specific -\providecommand{\RnormWGro}{\ensuremath{\mathcal{R}_{\WGro}}} % Normalized version of riskless return factor -\providecommand{\rnormwGro}{\ensuremath{\mathit{r}_{\wGro}}} % Normalized version of riskless rate of return -\providecommand{\Rnorm}{\ensuremath{\mathcal{R}}} % Normalized version of riskless return factor -\providecommand{\rnorm}{\ensuremath{\mathit{r}}} % Normalized version of riskless rate of return -\providecommand{\Rport}{\ensuremath{\mathbbmss{R}}} % Portfolio -weighted return -\providecommand{\rport}{\ensuremath{\mathbbmss{r}}} -\providecommand{\Rprod}{\ensuremath{\mathscr{R}}} -\providecommand{\rprod}{\ensuremath{\mathscr{r}}} -\providecommand{\rProd}{\ensuremath{\mathsf{r}}} -\providecommand{\RProd}{\ensuremath{\mathsf{R}}} -\providecommand{\RSave}{\ensuremath{\underline{\Rfree}}} -\providecommand{\rsave}{\ensuremath{\underline{\rfree}}} -\providecommand{\RBoro}{\ensuremath{\bar{\Rfree}}} -\providecommand{\rboro}{\ensuremath{\bar{\rfree}}} -%\providecommand{\R}{\Rfree} -\providecommand{\saveRate}{\grave{s}} % saving (income minus consumption) over income -\providecommand{\Save}{S} % Saving (income minus consumption) -\providecommand{\save}{s} % saving (income minus consumption) -\providecommand{\SDF}{\MLev} % Stochastic Discount Factor -\providecommand{\sdr}{\mRat} % Stochastic Discount rate -\providecommand{\Seniority}{\ensuremath{\mathsf{X}}} -\providecommand{\seniority}{\ensuremath{\mathsf{x}}} -\providecommand{\SeverancePayment}{\ensuremath{\mathcal{S}}} -\providecommand{\SeveranceRatio}{\ensuremath{\varsigma}} -%\providecommand{\Severance}{\ensuremath{\varsigma}} -\providecommand{\Severance}{\kappa} -\providecommand{\SE}{\SRat^{e}} -\providecommand{\sE}{\sRat^{e}} -\providecommand{\sFunc}{\ensuremath{\mathrm{s}}} -\providecommand{\shk}{\phi} -\providecommand{\Shk}{\Phi} -\providecommand{\ShkLogZeroLogStd}{\sigma_{\cancel{\ShkMeanOneLog}}} % Std of that shock -\providecommand{\ShkLogZeroLogVar}{\sigma_{\cancel{\ShkMeanOneLog}}^{2}} % Variance of that shock -\providecommand{\ShkLogZeroLog}{\cancel{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkLogZero}{\cancel{\ShkMeanOne}} % A shock whose expectation in logs is zero; cancellation of the nonzero mean for the mean one shock -\providecommand{\ShkMeanOneLogStd}{\sigma_{\ShkMeanOneLog}} % Std of that shock -\providecommand{\ShkMeanOneLogVar}{\sigma^{2}_{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkMeanOneLog}{\theta} % Log of that shock -\providecommand{\ShkMeanOne}{\Theta} % A shock whose expectation in levels is always equal to one regardless of variance -\providecommand{\SLevBF}{\mathbf{S}} -\providecommand{\sLevBF}{\mathbf{s}} -\providecommand{\SLevE}{\SLev^{e}} -\providecommand{\sLevE}{\sLev^{e}} -\providecommand{\SLevU}{\SLev^{u}} -\providecommand{\sLevU}{\sLev^{u}} -\providecommand{\SLev}{\ensuremath{S}} -\providecommand{\sLev}{\ensuremath{s}} -\providecommand{\srate}{\ensuremath{\varsigma}} -\providecommand{\SRatE}{\SRat^{e}} -\providecommand{\sRatE}{\sRat^{e}} -\providecommand{\SRatU}{\SRat^{u}} -\providecommand{\sRatU}{\sRat^{u}} -\providecommand{\SRat}{\ensuremath{S}} -\providecommand{\sRat}{\ensuremath{s}} -\providecommand{\STargE}{\Target{\SRat}^{\null}} -\providecommand{\sTargE}{\Target{\sRat}^{\null}} -\providecommand{\STargTarg}{\Target{\Target{\SRat}}} -\providecommand{\sTargTarg}{\Target{\Target{\sRat}}} -\providecommand{\STarg}{\Target{\SRat}} -\providecommand{\sTarg}{\Target{\sRat}} -\providecommand{\Steady}{\bar} -\providecommand{\Stocks}{{S}} -\providecommand{\stocks}{{s}} -\providecommand{\straight}{\Pi} -\providecommand{\Surplus}{\ensuremath{Z}} -\providecommand{\surplus}{\ensuremath{z}} -\providecommand{\SU}{\SRat^{u}} -\providecommand{\sU}{\sRat^{u}} -\providecommand{\Target}{\check} -\providecommand{\TaxCombInv}{\ensuremath{\mathcal{T}^{-1}}} -\providecommand{\TaxComb}{\ensuremath{\mathcal{T}}} -\providecommand{\TaxCorp}{\ensuremath{\Large \tau}} -\providecommand{\taxCorp}{\ensuremath{\tau}} -\providecommand{\taxDep}{\ensuremath{\partial}} -\providecommand{\TaxFree}{\ensuremath{\cancel{\Tax}}} -\providecommand{\TaxLev}{T} -\providecommand{\TaxNetTrans}{\ensuremath{Z}} -\providecommand{\taxNetTrans}{\ensuremath{z}} -\providecommand{\TaxPaid}{\ensuremath{T}} -\providecommand{\TaxRate}{\ensuremath{t}} -\providecommand{\TaxUI}{\ensuremath{\tau}} -\providecommand{\Tax}{\ensuremath{\tau}} -\providecommand{\tax}{\tau} -\providecommand{\tBak}{\ensuremath{\pmb{n}}} -\providecommand{\TEatBak}{\ensuremath{\mathtt{q}}} -\providecommand{\TEat}{\ensuremath{\TEnd}} -\providecommand{\TEndBak}{\ensuremath{\mathsf{p}}} -\providecommand{\TEnd}{\ensuremath{T}} -\providecommand{\TermTime}{\ensuremath{T}} -\providecommand{\tFwd}{\ensuremath{n}} -\providecommand{\tHorOfm}{\ensuremath{\pmb{n}}} -\providecommand{\tHor}{\ensuremath{\mathsf{n}}} -\providecommand{\timeRate}{\ensuremath{\vartheta}} -\providecommand{\tinyAmount}{\ensuremath{\epsilon}} -\providecommand{\TLev}{\ensuremath{T}} -\providecommand{\TMap}{\mathscr{T}} -\providecommand{\tNow}{\ensuremath{t}} -\providecommand{\tShkAll}{\xi} % -\providecommand{\tShkEmpMin}{\underline{\theta}} % -\providecommand{\TShkEmp}{\Theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tranShkInd}{\theta} % New -\providecommand{\TranShkAgg}{\Theta} % New -\providecommand{\TShk}{\Xi} % -\providecommand{\tShk}{\xi} % -\providecommand{\tshk}{\xi} % -\providecommand{\tSS}{\ensuremath{t}} -\providecommand{\tThen}{\ensuremath{\tau}} -\providecommand{\uFunc}{{\ensuremath{\mathrm{u}}}} -\providecommand{\uInvEpShkuInv}{\underline{\underline{\psi}}} -\providecommand{\ULev}{\ensuremath{U}} -\providecommand{\uLev}{\ensuremath{u}} -\providecommand{\unins}{\ensuremath{\zeta}} -\providecommand{\uPDVFunc}{\ensuremath{\mathbb{U}}} -\providecommand{\uPmt}{\ensuremath{\mu}} -\providecommand{\uPPP}{{\ensuremath{\mathrm{u}^{\prime\prime\prime}}}} -\providecommand{\uPP}{{\ensuremath{\mathrm{u}^{\prime\prime}}}} -\providecommand{\uP}{{\ensuremath{\mathrm{u}^{\prime}}}} -\providecommand{\urate}{\ensuremath{\mho}} -\providecommand{\utilFunc}{\ensuremath{\mathrm{u}}} -\providecommand{\util}{\ensuremath{u}} -\providecommand{\ValAlt}{\ensuremath{\mathcal{V}}} % middle-of-period Value function -\providecommand{\valfn}{\ensuremath{\mathrm{v}}} % middle-of-period value function -\providecommand{\Value}{\ensuremath{\mathrm{V}}} % middle-of-period Value function -\providecommand{\VEndFunc}{\ensuremath{\mathfrak{V}}} -\providecommand{\vEndFunc}{\ensuremath{\mathfrak{v}}} -\providecommand{\VEnd}{\ensuremath{\mathfrak{V}}} % end-of-period Value function -\providecommand{\vEnd}{\ensuremath{\mathfrak{v}}} % end-of-period value function -\providecommand{\vEss}{\check{v}^{e}} -\providecommand{\VE}{{V}^{e}} -\providecommand{\vE}{{v}^{e}} -\providecommand{\vFirm}{\ensuremath{\mathrm{e}}} -\providecommand{\VFunc}{\ensuremath{\mathrm{V}}} -\providecommand{\vFunc}{\ensuremath{\mathrm{v}}} -\providecommand{\VInv}{\ensuremath{\Lambda}} -\providecommand{\vInv}{\ensuremath{\scriptstyle \Lambda \displaystyle}} -\providecommand{\vk}{\ensuremath{\lambda}} -\providecommand{\vLevBF}{\ensuremath{\mathbf{v}}} -\providecommand{\VLevFunc}{\ensuremath{\pmb{\mathrm{V}}}} -\providecommand{\vLevFunc}{\ensuremath{\pmb{\mathrm{v}}}} -\providecommand{\VLev}{\ensuremath{V}} -\providecommand{\vLev}{\ensuremath{v}} -\providecommand{\vNorm}{\ensuremath{\mathrm{w}}} % end-of-period value function -\providecommand{\VNum}{\ensuremath{V}} -\providecommand{\vNum}{\ensuremath{v}} -\providecommand{\vOptAlt}{\ensuremath{\Alt{\tilde{\mathfrak{v}}}}} -\providecommand{\vOpt}{\ensuremath{\tilde{\mathfrak{v}}}} -\providecommand{\VRat}{\ensuremath{V}} -\providecommand{\vRat}{\ensuremath{v}} -\providecommand{\vTarg}{\Target{\vRat}} -\providecommand{\VU}{{V}^{u}} -\providecommand{\vU}{{v}^{u}} -\providecommand{\Wage}{\ensuremath{\mathsf{W}}} -\providecommand{\wage}{\ensuremath{\mathsf{w}}} -\providecommand{\WAllLev}{\ensuremath{\mathbf{O}}} -\providecommand{\wAllLev}{\ensuremath{\mathbf{o}}} -\providecommand{\WAllRat}{\ensuremath{O}} -\providecommand{\wAllRat}{\ensuremath{o}} -\providecommand{\WAll}{{O}} -\providecommand{\wAll}{{o}} -\providecommand{\WBeg}{\KLev} % Wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\wBeg}{\kLev} % wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\Wealth}{\ensuremath{O}} -\providecommand{\wealth}{\ensuremath{o}} -\providecommand{\WEndRat}{\ARat} % -\providecommand{\wEndRat}{\aRat} % -\providecommand{\WEnd}{\ALev} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wEnd}{\aLev} % wealth as of the end of the period (after C has been taken) -\providecommand{\Wend}{\ARat} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wend}{\aRat} % wealth as of the end of the period (after C has been taken) -\providecommand{\wFunc}{\mathrm{w}} -\providecommand{\WGroPF}{\ensuremath{\mathrm{G}}} -\providecommand{\WGro}{\ensuremath{\mathrm{G}}} -\providecommand{\wGro}{\ensuremath{\mathsf{g}}} -\providecommand{\whumMin}{\underline{\hRat}} % human wealth -- individual -\providecommand{\WHum}{\HLev} % Human wealth -- aggregate -\providecommand{\wHum}{\hLev} % human wealth -- individual -\providecommand{\Whum}{\HRat} % Human wealth -- aggregate -\providecommand{\whum}{\hRat} % human wealth -- individual -\providecommand{\WLev}{\ensuremath{W}} -\providecommand{\wLev}{\pmb{w}} -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wMid}{\bLev} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\Wmid}{\BRat} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wmid}{\bRat} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMkt}{\MLev} % Wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wMkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wmkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wNet}{\ensuremath{x}} % -\providecommand{\WNet}{\ensuremath{X}} % Total wealth -\providecommand{\WPre}{{K}} -\providecommand{\wPre}{{k}} -\providecommand{\wRat}{\ensuremath{o}} % -\providecommand{\WRat}{\ensuremath{O}} % Ratio to permanent income -\providecommand{\wTot}{\ensuremath{\mathbf{o}}} % -\providecommand{\WTot}{\ensuremath{\mathbf{O}}} % Total wealth -\providecommand{\wtot}{\ensuremath{o}} % -\providecommand{\Wtot}{\ensuremath{O}} % Total wealth -\providecommand{\xFer}{\chi} -\providecommand{\XFer}{X} -\providecommand{\xFunc}{\mathrm{x}} -\providecommand{\XLev}{\ensuremath{X}} -\providecommand{\xLev}{\ensuremath{x}} -\providecommand{\xpend}{\ensuremath{\xi}} -\providecommand{\XperGro}{\ensuremath{\mathsf{X}}} -\providecommand{\xperGro}{\ensuremath{\mathsf{x}}} -\providecommand{\XRat}{\ensuremath{X}} -\providecommand{\xRat}{\ensuremath{x}} -\providecommand{\yFunc}{\mathrm{y}} -\providecommand{\yLevBF}{\ensuremath{\mathbf{y}}} -\providecommand{\YLev}{\ensuremath{Y}} -\providecommand{\YLevBF}{\ensuremath{\mathbf{Y}}} -\providecommand{\yLev}{\ensuremath{y}} -\providecommand{\YRat}{\ensuremath{Y}} -\providecommand{\yRat}{\ensuremath{y}} -\providecommand{\yTargE}{\ensuremath{\check{y}^{e}}} -\providecommand{\yTarg}{\ensuremath{\check{y}}} -\providecommand{\zAgg}{\ensuremath{\pmb{Z}}} -\providecommand{\zFunc}{\mathrm{z}} -\providecommand{\ZLevBF}{\ensuremath{\mathbf{Z}}} -%\providecommand{\zLevBF}{\ensuremath{\mathbf{z}}} -\providecommand{\zLevBF}{\ensuremath{\pmb{z}}} -\providecommand{\ZLev}{\ensuremath{Z}} -\providecommand{\zLev}{\ensuremath{z}} -\providecommand{\ZRat}{\ensuremath{Z}} -\providecommand{\zRat}{\ensuremath{z}} - -\providecommand{\DieFac}{\pDead} -\providecommand{\LivFac}{\Alive} -\providecommand{\PopFac}{\PopGro} -\providecommand{\popRte}{\popGro} - - -\providecommand{\NFALev}{\NLev} -\providecommand{\NFARat}{\NRat} -\providecommand{\NI}{\ensuremath{Z}} -\providecommand{\GDPLev}{\pmb{P}} -\providecommand{\GDPRat}{P} -\providecommand{\GDPGro}{\gimel} -\providecommand{\gdpLev}{\pmb{p}} -\providecommand{\gdpRat}{p} -\providecommand{\weight}{\omega} - - -\providecommand{\bi}{} -\renewcommand{\bi}{\begin{itemize}} -\providecommand{\ei}{} -\renewcommand{\ei}{\end{itemize}} -\providecommand{\reqd}{} -\renewcommand{\reqd}{\item[$^{*}$]} -\providecommand{\recm}{} -\renewcommand{\recm}{\item[\phantom{$^{*}$}]} - -\providecommand{\pd}[2]{\frac{\partial#1}{\partial#2}} - - -% Ensure that you're in math mode when using the \cancel command (otherwise tex4ht produces bad output) -\newcommand\cncl[1]{\ensuremath{\cancel{#1}}} - -% Define the handles for the various conditions -\newcommand{\constr}[1]{\grave{#1}} - -\newcommand{\PFGPF}{{\mbox{PF-GPF}}} -\newcommand{\PFGIC}{{\mbox{PF-GIC}}} -\newcommand{\AIC}{{\mbox{AIC}}} -\newcommand{\PFFVAC}{{\mbox{PF-FVAC}}} -\newcommand{\PFVAF}{{\mbox{PF-FVAF}}} -\newcommand{\FVAC}{{\mbox{FVAC}}} -\newcommand{\FVAF}{{\mbox{FVAF}}} -\newcommand{\GIC}{{\mbox{GIC}}} -\newcommand{\GICAgg}{{\mbox{GIC-Agg}}} -\newcommand{\RIC}{{\mbox{RIC}}} -\newcommand{\WRIC}{{\mbox{WRIC}}} -\newcommand{\FHWC}{{\mbox{FHWC}}} -\newcommand{\RPF}{{\mbox{RPF}}} -\newcommand{\GPF}{{\mbox{GPF}}} -\newcommand{\GPFAgg}{{\mbox{GPF-Agg}}} -\newcommand{\FHWF}{\mbox{FHWF}} diff --git a/docs/NARK/Resources/texmf-local/tex/latex/handout.cls b/docs/NARK/Resources/texmf-local/tex/latex/handout.cls deleted file mode 100755 index a972f7865..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/handout.cls +++ /dev/null @@ -1,412 +0,0 @@ -%%% LaTeX class for economics -%%% -%%% author: Christopher Carroll -%%% license: LaTeX Project Public License -%%% -%%% Modified from style itaxpf by Arne Henningsen -%%% version: 1.0 (09 July 2007) -%%% license: LaTeX Project Public License -%%% -%%% Further information is available at -%%% http://www.uni-kiel.de/agrarpol/ahenningsen/latex-bibtex.html -%%% -%%% This document class is based on the "scrartcl" class -%%% from the KOMA script bundle. For documentation, Google KOMA-Script Documentation -%%% -%%% The corresponding BibTeX style file "handout.bst" should be used -%%% for the bibliography: \bibliographystyle{handout} -%%% -%%% In addition to the options for scrartcl, this package includes an additional option -%%% titlepage = include a title page (with command "\maketitle", or "\maketitleWithForcedDate{}") -%%% -%%% If an abstract is defined by \begin{abstract}\end{abstract} before \maketitle is invoked, -%%% it will appear on the title page -%%% -%%% If the titlepage option is invoked: -%%% \keywords can be used to show keywords below the abstract -%%% \jelclass can be used to show JEL classifications below the abstract -%%% \thanks{text of the thank-you footnote} produces a footnote at the bottom of the page containing the text - -% Made by handoutMake.sh -\ProvidesClass{handout}[2019/11/18 LaTeX class for handouts written by Christopher Carroll] -\NeedsTeXFormat{LaTeX2e} -% \RequirePackage{rotating} -\RequirePackage{snapshot} % Creates list of external files used by a LaTeX document -\RequirePackage{ifthen} -\RequirePackage{changepage} - -% If unspecified whether pdf output (instead of dvi) is being used, determine that it SHOULD be -\newif\ifdvi\dvitrue -\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} - -% permit double spacing -\RequirePackage{setspace} -% \doublespacing - -% option to include a title page -\newcounter{IncludeTitlePage} -\setcounter{IncludeTitlePage}{0} -\DeclareOption{titlepage}{\setcounter{IncludeTitlePage}{1}} - -% pass any options on to the scrartcl class and load this class with some options -\DeclareOption*{\PassOptionsToClass{\CurrentOption}{scrartcl}} -\ProcessOptions\relax -\LoadClass[fontsize=12pt,english,numbers=noenddot,captions=tableheading,captions=nooneline]{scrartcl} -% pointlessnumbers = do not add final dot after ordinary section numbers -% tablecaptionabove = use \captionabove for captions above rather than below tables -% noonelinecaption = do not treat one-line captions differently - -% use new TeX encoding scheme (T1), which contains accented (European) letters, -% to make European hyphenations work -\RequirePackage[T1]{fontenc} - -% use babel package and set language to english -\RequirePackage[english]{babel} - -% spacing around formulas -\AtBeginDocument{ - \setlength{\abovedisplayshortskip}{6pt} - \setlength{\belowdisplayshortskip}{6pt} - \setlength{\abovedisplayskip}{6pt} - \setlength{\belowdisplayskip}{6pt} - \allowdisplaybreaks % Permits LaTeX to break long formulas across pages (?) -} - -%% Added the above info to the definition of normalsize -\def\normalsize{\@setfontsize \normalsize \@xiipt {14.5} - \abovedisplayskip 6\p@ \@plus 3\p@ \@minus 3\p@ - \belowdisplayskip \abovedisplayskip - \abovedisplayshortskip 6pt \belowdisplayshortskip 6pt - \let \@listi \@listI} -\normalsize - -% Don't indent the second and later lines of footnotes -\deffootnote[1em]{0.0em}{1em}{\textsuperscript{\thefootnotemark}} - -% spacing around captions and floats -\setlength{\abovecaptionskip}{6pt} -\setlength{\belowcaptionskip}{3pt} -\setlength{\floatsep}{0pt} -\setlength{\textfloatsep}{20pt} -\setlength{\intextsep}{15pt} - -\RequirePackage{calc} - -\newenvironment{Description} -{\begin{list}{}{\let\makelabel\Descriptionlabel - \setlength\labelwidth{75pt} - \setlength\labelsep{0pt} - \setlength\leftmargin{75pt} - \setlength\itemindent{0pt} - }} - {\end{list}} -\newcommand*\Descriptionlabel[1]{\textbf{#1}\hfil} - -\RequirePackage{cancel,verbatim, - amsmath,amssymb,amsfonts,amsthm - ,threeparttable,dcolumn,multicol,multirow,booktabs % table environment extensions - ,latexsym - ,afterpage - ,enotez - ,moreverb - ,hhline % Allow double hlines - ,tipa % Define more characters, in particular the \textthorn character - ,xcolor % Superceded color, which is WAY out of date - ,accents - ,appendix -} - -\DeclareInstance{enotez-list}{superscriptednotes}{paragraph} -{ - number = \textsuperscript{#1} -} -% to get endnotes with superscripts, use \printendnotes[superscriptednotes] - -% \RequirePackage{handout} % Removed 20170801 because won't work when invoked from nonroot paths -% Contents of the file are pasted in below - -% ---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -% ---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -% To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -% To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -% To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -% To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -% -------------------------------------------------------- - - -\RequirePackage[mathscr]{eucal} -\RequirePackage[normalem]{ulem} -\providecommand\bmmax{0} % Prevent boldmath package from using up too much memory -\RequirePackage{bm} % Allow bold math -\RequirePackage{bbm} % Blackbord math - -% font for URLs -\RequirePackage{url} -\def\UrlFont{\ttfamily} - -\usepackage[handout]{optional} % Enable the control of compilation using options passed on startup -\opt{EndFloats}{\RequirePackage[noheads,nolists,tablesfirst,nomarkers]{endfloat}} - -% page format, margins if PrintGeom option is invoked -\opt{PrintGeom}{ - \RequirePackage{geometry} - \geometry{letterpaper, tmargin=1.4in, bmargin=1.4in, lmargin=1.25in, - rmargin=1.25in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\opt{JournalFormatting}{ % BEJM requires 1.5 inch margins - \RequirePackage{geometry} - \geometry{letterpaper, tmargin=1.5in, bmargin=1.5in, lmargin=1.5in, - rmargin=1.5in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\providecommand{\textSizeDefault}{\normalsize} -\opt{bigWide}{\renewcommand{\textSizeDefault}{\large}} - -\providecommand{\abstractSizeDefault}{\small} -\opt{bigWide}{\renewcommand{\abstractSizeDefault}{\normalsize}} - -%% formatting section headers -\setkomafont{section}{\normalfont \Large \bfseries} -\setkomafont{subsection}{\normalfont \large} -\setkomafont{subsubsection}{\normalfont \itshape} - -% citations and bibliography -\RequirePackage[authoryear]{natbib} -\AtBeginDocument{\renewcommand{\refname}{References} - \renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} % Restore footnote defn after titlepage redefines it - \ifdvi - \else - \renewcommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht (which compiles using dvi) - \fi -} - -% captions of figures and tables -\setcapwidth[c]{\textwidth} -% \setcapindent*{0pt} -\setkomafont{captionlabel}{\centering \bfseries} -\setkomafont{caption}{\centering} -\renewcommand{\captionformat}{~ } - -\newcommand{\forcedate}[1]{\newcommand{\@forcedate}{#1}} - -% titlepage with title, author(s), and date - -\renewcommand{\maketitle}{ - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize \@date \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -\newcommand{\maketitleWithForcedDate}[1]{ - \ClassWarningNoLine{handout}{\protect\maketitleWithForcedDate{} is deprecated. To set a date different from the current one, just use the \protect\date{(string desired to signify paper date)}} - - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize #1 \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -% abstract, keywords, JEL classification -\newcommand{\keywords}[1]{\newcommand{\@keywords}{#1}} -\newcommand{\jelclass}[1]{\newcommand{\@jelclass}{#1}} -\newcommand{\aspublished}[1]{\newcommand{\@aspublished}{#1}} - -\renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \ifdvi - \else % horizontal rule works well for PDF, not for html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \fi - \vspace*{4mm} - \abstractSizeDefault - \noindent \textbf{Abstract}\\ - \indent - }{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \ifdvi - \else - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \fi - \vspace*{0mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{handout}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - - \begin{quote} - \begin{Description} - \item[\textbf{Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{handout}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{JEL codes~}] \@jelclass - } - - \end{Description} - \ifthenelse{ \isundefined\@aspublished }{ - }{ - { - - \vspace{0.1in}\@aspublished} - }\end{quote} -} - -\setcounter{footnote}{0}% - -\medskip - -% avoid clubs and widows -\clubpenalty=1000 % penalty for breaking a page with only one sentence; set to 10000 to prohibit -\widowpenalty=10000 -% \displaywidowpenalty=10000 - -\hbadness 3000 % LaTeX default is 1000, which is too finicky - set to 10000 to get rid of complaints - -% increase stretchability of the spaces (avoid overfull hboxes) -\setlength{\emergencystretch}{3em} - - -\pagestyle{plain} -\thispagestyle{empty} - -\newcommand{\titlepagefinish}{\newpage - \renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} -} - - -\RequirePackage[multiple]{footmisc} -\RequirePackage{manyfoot} -%\RequirePackage{perpage} \DefineFNsymbols{blank}[text]{{} {} {} {} {}} \setfnsymbol{blank} \DeclareNewFootnote{B}[fnsymbol] \MakePerPage{footnoteB} \renewcommand{\thanks}{\footnoteB} \newcommand{\thanksFooter}{\footnoteB} - -% 20170126: perpage package conflicts with something else so is removed in handoutMake.sh - -\hfuzz2pt % Don't bother to report over-full boxes if over-edge is < 2pt - -%%%%%%%%%% Added by Amy Hendrickson, TeXnology Inc. -%% Amy change, Feb 28, 2011 ==>> - -%%% Generalization of the author and authorinfo commands, based on -%%% the original code. - -%% Sample use: -%% \author{Christopher D. Carroll\authNum \\ -%% \and -%% Jiri Slacalek\authNum \\ -%% \and -%% Martin Sommer\authNum \\ -%% \and -%% Another Name\authNum -%% \and -%% Still Another Name\authNum -%% } - -\newcounter{authornum} % Use either \num or (preferred) \authNum to denote authors -\def\num{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} -\def\authNum{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} - -%% \begin{authorsinfo}...\end{authorsinfo} - -%% Now used: -%% \begin{authorsinfo} -%% \name{First author: info} -%% \\ -%% \name{Second author: info} -%% \\ -%% \name{Third author: info} -%% (and so on for as many authors -%% as you have) -%% \end{authorsinfo} -%% (note: the \\ doesn't do anything, but makes it easier to -%% see the separate author names.) - -\newcounter{bottomauthor} -\def\authorsinfo{\global\c@bottomauthor=0\setbox0=\vbox\bgroup\footnotesize - \let\\ \relax -} - -\def\endauthorsinfo{\egroup - \footnoteB{\unvbox0} -} - -\def\name#1{\global\advance\c@bottomauthor by 1\textsuperscript{\tiny \the\c@bottomauthor}{#1}{~~~~}} - -\makeatletter -\DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} -\DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} -\DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} -\DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} -\DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} -\DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} -\DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} -\makeatother diff --git a/docs/NARK/Resources/texmf-local/tex/latex/handout.sty b/docs/NARK/Resources/texmf-local/tex/latex/handout.sty deleted file mode 100755 index 1147b1e85..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/handout.sty +++ /dev/null @@ -1,30 +0,0 @@ -%---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -%---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -%To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -%To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -%To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -%To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -%-------------------------------------------------------- diff --git a/docs/NARK/Resources/texmf-local/tex/latex/handoutBibMake.tex b/docs/NARK/Resources/texmf-local/tex/latex/handoutBibMake.tex deleted file mode 100755 index 7d7077521..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/handoutBibMake.tex +++ /dev/null @@ -1,7 +0,0 @@ - -% \write18{if [ ! -f economics.bib ]; then touch economics.bib ; fi} -\write18{if [ ! -f \jobname.bib ]; then touch \jobname.bib ; fi} -\write18{if [ ! -f \jobname-Add.bib ]; then touch \jobname-Add.bib ; fi} - -\bibliographystyle{handout} -\bibliography{economics,\jobname,\jobname-Add} diff --git a/docs/NARK/Resources/texmf-local/tex/latex/handoutSetup.sty b/docs/NARK/Resources/texmf-local/tex/latex/handoutSetup.sty deleted file mode 100755 index 56c73f693..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/handoutSetup.sty +++ /dev/null @@ -1,249 +0,0 @@ -\usepackage{handoutShortcuts} -\RequirePackage{wasysym -,psibycus % Greek language package, including koppa -,ushort -%,lscape % Pages in landscape mode go inside \begin{landscape}\end{landscape} % CONFLICTS WITH EPSTOPDF -} - -\newenvironment{CDCPrivate} % Environment for extra material not wanted in the public document -{\marginpar{\tiny beginCDC}}{\marginpar{\tiny endCDC}} % CDCPrivate - -\provideboolean{Web} -\setboolean{Web}{false} % reset to true if running via dvi; search for \ifdvi below - -\provideboolean{bigPrint} -\setboolean{bigPrint}{true} -\setboolean{bigPrint}{false} - -\provideboolean{wideMargins} -\setboolean{wideMargins}{true} -\setboolean{wideMargins}{false} - -\provideboolean{BigAndWide} -\setboolean{BigAndWide}{true} -\setboolean{BigAndWide}{false} - -% Options to set if being run from the shell (so autocompiled) -\opt{FromShell}{ -\setboolean{bigPrint}{false} -\setboolean{wideMargins}{false} -\setboolean{BigAndWide}{false} -} - -\opt{bigWide}{ -\setboolean{bigPrint}{true} -\setboolean{wideMargins}{true} -\setboolean{BigAndWide}{true} -\providecommand{\textSizeDefault}{\large} -\providecommand{\abstractSizeDefault}{\large} -} - -\opt{Aquamacs}{ -%\setboolean{bigPrint}{true} -%\setboolean{wideMargins}{true} -%\setboolean{BigAndWide}{true} -%\providecommand{\textSizeDefault}{\large} -%\providecommand{\abstractSizeDefault}{\large} -} - -\provideboolean{KoppaOn} -\setboolean{KoppaOn}{true} -%\setboolean{KoppaOn}{false} - -\ifthenelse{\boolean{KoppaOn}}{ -\providecommand{\koppa}{\text{\greek{k+}}} -\providecommand{\Koppa}{\text{\greek{K+}}} -\providecommand{\sampi}{\text{\greek{s+}}} -\providecommand{\cigma}{\text{\greek{c+}}} -\providecommand{\Cigma}{\text{\greek{C+}}} -}{ -\def\koppa{\mathbf{q}}\providecommand{\koppa}{$\mathbf{q}$}\providecommand{\Koppa}{$\mathbf{Q}$} -} - -% Keep the elements in the argument #1 together on the same page -\newcommand{\together}[1]{\noindent\parbox{\linewidth}{#1}} - -% html version of document must be constructed by running pdflatex in -% dvi output mode; code below creates an ifdvi construct that detects -% whether running in dvi mode and sets the options necessary to generate -% html version of document using tex4ht - -\makeatletter -\newif\ifdvi\dvitrue -\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} -\makeatother - -% dvi compilation only occurs if making the html version -\ifdvi - \setboolean{Web}{true} - \RequirePackage{tex4ht} - \RequirePackage{graphicx} - \RequirePackage[tex4ht]{hyperref} - \provideboolean{bigPrint}\setboolean{bigPrint}{true} % HTM output looks better in a larger font size - \providecommand{\wideMargins}{\null{}} % Wide margins doesn't mean anything for html documents - \newcommand{\CDCFig}[1]{\centerline{\includegraphics{#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics{#1}}} - \DeclareGraphicsExtensions{.png} - \providecommand{\textSizeDefault}{\large} - \providecommand{\titlepagefinish}{\newpage\textSizeDefault} - \providecommand{\abstractSizeDefault}{\large} - \providecommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht - \let\footnoterule\relax - \makeatletter - \renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{5mm} - \noindent \textbf{Abstract}\\ - \indent \abstractSizeDefault - }{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{3mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{handout}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - \begin{quote} - \begin{Description} - \item[\textbf{~~~~~~~~~~~~Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{handout}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{~~~~~~~~~~~~JEL codes~}] \@jelclass - \end{Description} - } - \end{quote} - \makeatother - } -\else - \RequirePackage{graphicx} - \RequirePackage{hyperref} - \hypersetup{ - pdffitwindow = false, % Don't rescale to fit size of window - pdfpagemode=UseThumbs, - pdfstartview=FitH, - pdfnewwindow = true, % Links open in new window - pdfproducer = {pdfLaTeX with hyperref} - } - \providecommand{\wideMargins}{\usepackage[twoside,marginparwidth=0in,left=0.5in,right=0.5in,top=0.5in,bottom=0.5in]{geometry}\usepackage{layouts}} - \ifthenelse{\boolean{wideMargins}}{\wideMargins}{} - \newcommand{\CDCFig}[1]{\centerline{\includegraphics[width=0.75\textwidth]{../Figures/#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics[width=7.8in,height=5.5in]{../Figures/#1}}} - \DeclareGraphicsExtensions{.pdf} - \ifthenelse{\boolean{bigPrint}}{\renewcommand{\titlepagefinish}{\newpage\large}}{} -\fi - -\newcolumntype{d}[1]{D{.}{.}{#1}} % Seems to need to come after hyperref - -\definecolor{darkblue}{rgb}{0.055,0.094,0.7} -\definecolor{darkred}{rgb}{0.6,0,0} -\hypersetup{colorlinks=true, % put a box around links - linkbordercolor = {1 0 0}, % the box will be red - pdfborder = {1 0 0}, % -% bookmarks=true, % PDF will contain an index on the RHS - urlcolor=darkred, - citecolor=darkblue, - linkcolor=darkred -} - -%% Define the title table as different from the regular table - -%\let\tabularTitle\tabular -%\let\endtabularTitle\endtabular - -%\newenvironment{tabularTitle}{\tabularTitle}{\endtabularTitle} -\newenvironment{tabularTitle}{\tabular}{\endtabular} -\providecommand{\handoutHeader}{{\tiny \noindent $^\copyright$\today, \href{https://www.econ2.jhu.edu/people/ccarroll/}{Christopher D. Carroll} \hfill \href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes}{\jobname}}\medskip\medskip -\ifthenelse{\boolean{bigPrint}}{\large}{} -\ifthenelse{\boolean{BigAndWide}}{\large}{} -\opt{Web}{\large} -\opt{bigWide}{\large} -} - -\providecommand{\SolvingMicroDSOPs}{\href{https://www.econ2.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}{SolvingMicroDSOPs}} - -\newcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Consumption/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutF}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1.pdf}{\texttt{#1}}} -\newcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList.pdf}{\texttt{MathFacts}}} -\newcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{#1}}} -\newcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation.pdf}{\texttt{Aggregation}}} - - -% If doing a web version, renewcommands link to the html versions of handouts -\ifdvi -\renewcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/#1}{\texttt{#1}}} -\renewcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1}{\texttt{#1}}} -\renewcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1}{\texttt{#1}}} -\renewcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1}{\texttt{#1}}} -\renewcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFactsList/#1}{\texttt{#1}}} -\fi -\renewcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{MathFacts}}} -\renewcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation/}{\texttt{Aggregation}}} - -\providecommand{\handoutNameMake}{\centerline{\LARGE \input \jobname.title}\vspace{.15in}} -% Generic starting text for MathFactsList generated file -\message{Including MathFactsList.defs} -\providecommand{\CRRALim}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#CRRALim}{\ensuremath{\mathtt{[CRRALim]}}}} -\providecommand{\ELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNorm}{\ensuremath{\mathtt{[ELogNorm]}}}} -\providecommand{\ELogNormMeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormMeanOne}{\ensuremath{\mathtt{[ELogNormMeanOne]}}}} -\providecommand{\ELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormTimes}{\ensuremath{\mathtt{[ELogNormTimes]}}}} -\providecommand{\EulersTheorem}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#EulersTheorem}{\ensuremath{\mathtt{[EulersTheorem]}}}} -\providecommand{\ExpEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpEps}{\ensuremath{\mathtt{[ExpEps]}}}} -\providecommand{\ExpPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpPlus}{\ensuremath{\mathtt{[ExpPlus]}}}} -\providecommand{\FinSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSum}{\ensuremath{\mathtt{[FinSum]}}}} -\providecommand{\FinSumMult}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSumMult}{\ensuremath{\mathtt{[FinSumMult]}}}} -\providecommand{\InfSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSum}{\ensuremath{\mathtt{[InfSum]}}}} -\providecommand{\InfSumMult}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSumMult}{\ensuremath{\mathtt{[InfSumMult]}}}} -\providecommand{\LogELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNorm}{\ensuremath{\mathtt{[LogELogNorm]}}}} -\providecommand{\LogELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNormTimes}{\ensuremath{\mathtt{[LogELogNormTimes]}}}} -\providecommand{\LogEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogEps}{\ensuremath{\mathtt{[LogEps]}}}} -\providecommand{\LogMeanMPS}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogMeanMPS}{\ensuremath{\mathtt{[LogMeanMPS]}}}} -\providecommand{\MeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MeanOne}{\ensuremath{\mathtt{[MeanOne]}}}} -\providecommand{\MultPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MultPlus}{\ensuremath{\mathtt{[MultPlus]}}}} -\providecommand{\NormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#NormTimes}{\ensuremath{\mathtt{[NormTimes]}}}} -\providecommand{\OverPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#OverPlus}{\ensuremath{\mathtt{[OverPlus]}}}} -\providecommand{\SmallSmallZero}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SmallSmallZero}{\ensuremath{\mathtt{[SmallSmallZero]}}}} -\providecommand{\SumNormsIsNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SumNormsIsNorm}{\ensuremath{\mathtt{[SumNormsIsNorm]}}}} -\providecommand{\TaylorOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorOne}{\ensuremath{\mathtt{[TaylorOne]}}}} -\providecommand{\TaylorTwo}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorTwo}{\ensuremath{\mathtt{[TaylorTwo]}}}} -\RequirePackage{ifthen} - -\provideboolean{AnswersTF}\setboolean{AnswersTF}{false} % Default is no answers; run with \UseOption{Answers} from shell to generate answers - - -\provideboolean{ExamQ} -\setboolean{ExamQ}{false} -\newcommand{\ifExamQuestion}{\ifthenelse{\boolean{ExamQ}}} - -\provideboolean{SpaceBetweenAnswers} -\setboolean{SpaceBetweenAnswers}{true} -\providecommand{\AnswerOrBlankSpace}{\ifthenelse{\boolean{SpaceBetweenAnswers}}} - -\opt{Answers}{\provideboolean{AnswersTF}\setboolean{AnswersTF}{true}} - -\newcommand{\ifAnswers}{\ifthenelse{\boolean{AnswersTF}}} -\newcommand{\answer}[2]{\ifthenelse{\boolean{AnswersTF}}{ - -{\it Answer:} -\begin{quote} -#1 -\end{quote} -} -{#2}} - - - - - -\expandafter\let\csname NR:Type\endcsname\relax diff --git a/docs/NARK/Resources/texmf-local/tex/latex/handoutShortcuts.sty b/docs/NARK/Resources/texmf-local/tex/latex/handoutShortcuts.sty deleted file mode 100755 index 214238be7..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/handoutShortcuts.sty +++ /dev/null @@ -1,663 +0,0 @@ -% Generated originally from CDCShortcuts.sty -\providecommand{\aAgg}{\ensuremath{\mathsf{A}}} -\providecommand{\aboveMin}{\blacktriangle} -\providecommand{\adjPar}{\ensuremath{\omega}} -\providecommand{\adj}{\ensuremath{\mathrm{j}}} -\providecommand{\aE}{\aRat^{e}} -\providecommand{\aFunc}{\ensuremath{\mathrm{a}}} -\providecommand{\Age}{\ensuremath{Z}} -\providecommand{\age}{\ensuremath{z}} -\providecommand{\ALevBF}{\ensuremath{\mathbf{A}}} -\providecommand{\aLevBF}{\ensuremath{\mathbf{a}}} -\providecommand{\ALev}{\ensuremath{A}} -\providecommand{\aLev}{\ensuremath{a}} -\providecommand{\Alive}{\ensuremath{\aleph}} -\providecommand{\Alt}{\grave} -\providecommand{\aMin}{\ensuremath{\underline{\aRat}}} -\providecommand{\ARat}{\ensuremath{A}} -\providecommand{\aRat}{\ensuremath{a}} -\providecommand{\ASS}{\ensuremath{\ensuremath{A}}} -\providecommand{\aSS}{\ensuremath{\ensuremath{a}}} -\providecommand{\ATarg}{\ensuremath{\check{A}}} -\providecommand{\aTarg}{\ensuremath{\check{a}}} -\providecommand{\BE}{\BRat^{e}} -\providecommand{\bE}{\bRat^{e}} -\providecommand{\BLevBF}{\ensuremath{\mathbf{B}}} -\providecommand{\bLevBF}{\ensuremath{\mathbf{b}}} -\providecommand{\BLevE}{\ensuremath{\BLev^{e}}} -\providecommand{\bLevE}{\ensuremath{\bLev^{e}}} -\providecommand{\BLevU}{\ensuremath{\BLev^{u}}} -\providecommand{\bLevU}{\ensuremath{\bLev^{u}}} -\providecommand{\BLev}{\ensuremath{B}} -\providecommand{\bLev}{\ensuremath{b}} -\providecommand{\bMin}{\ensuremath{\underline{\bRat}}} -\providecommand{\bRatE}{\ensuremath{b}^{e}} -\providecommand{\BRatE}{\ensuremath{B}^{e}} -\providecommand{\bRatU}{\ensuremath{b}^{u}} -\providecommand{\BRat}{\ensuremath{B}} -\providecommand{\bRat}{\ensuremath{b}} -\providecommand{\bTargE}{\ensuremath{\check{b}^{e}}} -\providecommand{\BTargTarg}{\Target{\Target{\BRat}}} -\providecommand{\bTargTarg}{\Target{\Target{\bRat}}} -\providecommand{\BTarg}{\ensuremath{\check{B}}} -\providecommand{\bTarg}{\ensuremath{\check{b}}} -\providecommand{\BU}{{B}^{u}} -\providecommand{\bU}{{b}^{u}} -\providecommand{\cAgg}{\ensuremath{\pmb{C}}} -\providecommand{\CARA}{\ensuremath{\alpha}} -\providecommand{\ccRat}{\ensuremath{\mathsf{c}}} -\providecommand{\CDF}{\ensuremath{\mathcal{F}}} -\providecommand{\CEndFunc}{\ensuremath{\mathfrak{C}}} -\providecommand{\cEndFunc}{\ensuremath{\mathfrak{c}}} -\providecommand{\cEss}{{c}^{e}} -\providecommand{\CE}{\CRat^{e}} -\providecommand{\cE}{\cRat^{e}} -\providecommand{\cFuncAbove}{\ensuremath{\bar{\mathrm{c}}}} -\providecommand{\cFuncBelow}{\ensuremath{\uline{\mathrm{c}}}} -\providecommand{\cFuncMax}{\ensuremath{\bar{\bar{\mathrm{c}}}}} -\providecommand{\CFunc}{\ensuremath{\mathrm{C}}} -\providecommand{\cFunc}{\ensuremath{\mathrm{c}}} -\providecommand{\cFunc}{\ensuremath{\mathrm{c}}} -\providecommand{\CGroOverG}{\ensuremath{\Upsilon}} -\providecommand{\CGroOverR}{\ensuremath{\Phi}} -\providecommand{\CGroPF}{\ensuremath{\Lambda}} -\providecommand{\cGroPF}{\ensuremath{\lambda}} -\providecommand{\CGroPS}{\ensuremath{\chi}} % Precautionary Saving boost to consumption growth -\providecommand{\chiFunc}{\pmb{\chi}} -\providecommand{\Chi}{\ensuremath{\mathrm{X}}} % capital chi is sometimes useful, and not native to LaTeX -\providecommand{\CLevBF}{\ensuremath{\mathbf{C}}} -\providecommand{\cLevBF}{\ensuremath{\mathbf{c}}} -\providecommand{\CLevE}{\CLev^{e}} -\providecommand{\cLevE}{\cLev^{e}} -\providecommand{\cLevFunc}{\ensuremath{\pmb{\cFunc}}} -\providecommand{\CLevU}{\CLev^{u}} -\providecommand{\cLevU}{\cLev^{u}} -\providecommand{\cLev}{\ensuremath{c}} -\providecommand{\CLev}{\ensuremath{C}} -\providecommand{\Cons}{\ensuremath{C}} -\providecommand{\cons}{\ensuremath{c}} -\providecommand{\corr}{\varrho} -\providecommand{\cPDVFunc}{\ensuremath{\mathbb{C}}} -\providecommand{\CPDV}{\ensuremath{\text{PDV($C$)}}} -\providecommand{\cPPP}{\cons^{\prime\prime\prime}} -\providecommand{\cPP}{\cons^{\prime\prime}} -\providecommand{\cP}{\cons^{\prime}} -\providecommand{\cRatBF}{\ensuremath{\pmb{c}}} -\providecommand{\CRatE}{\CRat^{e}} -\providecommand{\cRatE}{\cRat^{e}} -\providecommand{\CRatU}{\CRat^{u}} -\providecommand{\cRatU}{\cRat^{u}} -\providecommand{\CRat}{\ensuremath{C}} -\providecommand{\cRat}{\ensuremath{c}} -\providecommand{\CRRA}{\ensuremath{\rho}} -\providecommand{\CTargE}{\CTarg^{\null}} -\providecommand{\cTargE}{\ensuremath{\Target{c}^{e}}} -\providecommand{\cTargTarg}{\Target{\Target{\cRat}}} -\providecommand{\CTarg}{\ensuremath{\Target{C}}} -\providecommand{\cTarg}{\ensuremath{\Target{c}}} -\providecommand{\curr}{1} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\Curr}{t} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\CU}{\CRat^{u}} -\providecommand{\cU}{\cRat^{u}} -\providecommand{\dRat}{\ensuremath{d}} -\providecommand{\debtLim}{\mathsf{d}} -\providecommand{\Debt}{\ensuremath{D}} -\providecommand{\debt}{\ensuremath{d}} -\providecommand{\DeprFac}{\ensuremath{\daleth}} -\providecommand{\Depr}{\ensuremath{\daleth}} -\providecommand{\depr}{\ensuremath{\delta}} -\providecommand{\deprRte}{\ensuremath{\delta}} % New -\providecommand{\DiscAltuAdj}{\ensuremath{\underline{\underline{\beth}}}} -\providecommand{\DiscAlt}{\ensuremath{\beth}} -\providecommand{\Discount}{\ensuremath{\beta}} -\providecommand{\DiscRate}{\ensuremath{\vartheta}} -\providecommand{\DiscRte}{\ensuremath{\vartheta}} % New -\providecommand{\discRte}{\ensuremath{\vartheta}} % New -\providecommand{\DiscFac}{\ensuremath{\beta}} % New -\providecommand{\DivGro}{\ensuremath{\mathrm{G}}} -\providecommand{\divGro}{\ensuremath{\mathsf{g}}} -\providecommand{\Div}{\ensuremath{D}} -% \providecommand{\div}{\ensuremath{d}} reserved for divide -\providecommand{\DLev}{\ensuremath{D}} -\providecommand{\Dvdnd}{\ensuremath{\mathbf{D}}} -\providecommand{\dvdnd}{\ensuremath{d}} -\providecommand{\edvdnd}{\grave{\dvdnd}} -\providecommand{\EEndMap}{\ensuremath{\mathsf{E}}} -\providecommand{\effUnits}{\ensuremath{X}} -\providecommand{\eFunc}{\ensuremath{\mathrm{e}}} -\providecommand{\ELev}{\ensuremath{E}} -\providecommand{\ek}{\ensuremath{\lambda}} -\providecommand{\EmpGro}{\ensuremath{\Xi}} -\providecommand{\empGro}{\ensuremath{\xi}} -\providecommand{\empState}{\xi} % employment state indicator variable -\providecommand{\EpremLog}{\varphi} % Not using regular \eprem because want to distinguish between \varphi = log E_{t}[\Phi_{t+1}] and \phi_{t} = E[\log \Phi_{t}] -\providecommand{\EPrem}{\Phi} % equity premium -\providecommand{\eprem}{\phi} % log equity premium -\providecommand{\EpShkInv}{\Ex[\pShk^{-1}]} -\providecommand{\erate}{\ensuremath{\cancel{\mho}}} -\providecommand{\error}{\ensuremath{\epsilon}} -\providecommand{\Err}{\ensuremath{Z}} -\providecommand{\err}{\ensuremath{z}} -\providecommand{\err}{\ensuremath{z}} -\providecommand{\Estdr}{\ensuremath{\sigma_{\risky}}} % Standard deviation of log return on risky asset -\providecommand{\Evarr}{\ensuremath{\sigma_{\risky}^{2}}} % Variance of log return on risky asset -\providecommand{\EVarr}{\sigma_{\Risky}^{2}} % Variance of level return on risky asset (when returns norm dist) -\providecommand{\expend}{\ensuremath{\xi}} -%\providecommand{\Ex}{\ensuremath{\mathbb{E}}} % Expectations operator defined in econtex.cls -\providecommand{\FDist}{\ensuremath{\mathcal{F}}} -\providecommand{\fDist}{\ensuremath{\mathcal{f}}} -\providecommand{\FFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\fFunc}{\ensuremath{\mathrm{f}}} -\providecommand{\FLev}{\ensuremath{F}} -\providecommand{\fLev}{\ensuremath{f}} -\providecommand{\fPP}{\ensuremath{\mathrm{f}^{\prime\prime}}} -\providecommand{\FPP}{\ensuremath{\mathrm{F}^{\prime\prime}}} -\providecommand{\fP}{\ensuremath{\mathrm{f}^{\prime}}} -\providecommand{\FP}{\ensuremath{\mathrm{F}^{\prime}}} -\providecommand{\GLev}{\ensuremath{G}} -\providecommand{\GovNW}{\ensuremath{N}} -\providecommand{\govNW}{\ensuremath{n}} -\providecommand{\GovSpend}{\ensuremath{X}} -\providecommand{\govSpend}{\ensuremath{x}} -\providecommand{\Habit}{\ensuremath{H}} -\providecommand{\Habit}{\ensuremath{H}} -\providecommand{\habit}{\ensuremath{h}} -\providecommand{\Ham}{\ensuremath{\mathcal{H}}} % Hamiltonian -\providecommand{\HARKcore}{\texttt{HARKcore}} -\providecommand{\hEndMin}{\ensuremath{\underline{\mathfrak{h}}}} -\providecommand{\hEnd}{\ensuremath{\mathfrak{h}}} -\providecommand{\hFunc}{\ensuremath{\mathrm{h}}} -\providecommand{\Hi}{\hat} -\providecommand{\HLevBF}{\ensuremath{\mathbf{H}}} -\providecommand{\hLevBF}{\ensuremath{\mathbf{h}}} -\providecommand{\HLev}{\ensuremath{\pmb{H}}} -\providecommand{\hLev}{\ensuremath{\pmb{h}}} -\providecommand{\hMin}{\ensuremath{\underline{\h}}} -\providecommand{\HMin}{\ensuremath{\underline{H}}} -\providecommand{\hours}{\ensuremath{\mathfrak{h}}} -\providecommand{\Hours}{\ensuremath{\mathfrak{H}}} -\providecommand{\HRat}{\ensuremath{H}} -\providecommand{\hRat}{\ensuremath{h}} -\providecommand{\h}{\ensuremath{h}} -%\providecommand{\H}{\ensuremath{H}} -\providecommand{\iFunc}{\ensuremath{\mathrm{i}}} -\providecommand{\IFunc}{\ensuremath{\mathrm{I}}} -\providecommand{\ILev}{\ensuremath{I}} -\providecommand{\iLev}{\ensuremath{i}} -\providecommand{\impg}{{\imath}_{\pGro}} -\providecommand{\ImpG}{{\Im}_{\PGro}} -\providecommand{\impr}{{\imath}_{\rfree}} -\providecommand{\ImpR}{{\Im}_{\Rfree}} -\providecommand{\Inc}{{Y}} -\providecommand{\inc}{{y}} -\providecommand{\InvEpShkInv}{\underline{\psi}} -\providecommand{\Inv}{{I}} -\providecommand{\inv}{{i}} -\providecommand{\IRat}{\ensuremath{I}} -\providecommand{\iRat}{\ensuremath{i}} -\providecommand{\itc}{\ensuremath{\zeta}} -\providecommand{\jFunc}{\ensuremath{\mathrm{j}}} -\providecommand{\JLev}{\ensuremath{J}} -\providecommand{\kapRent}{\ensuremath{\varkappa}} -\providecommand{\kapShare}{\ensuremath{\alpha}} -\providecommand{\Kap}{{K}} -\providecommand{\kap}{{k}} -\providecommand{\KFunc}{\ensuremath{\mathrm{K}}} -\providecommand{\kFunc}{\ensuremath{\mathrm{k}}} -\providecommand{\KLevBF}{\ensuremath{\mathbf{K}}} -\providecommand{\kLevBF}{\ensuremath{\mathbf{k}}} -\providecommand{\KLev}{\ensuremath{K}} -\providecommand{\kLev}{\ensuremath{k}} -\providecommand{\kPriceAfterITC}{\ensuremath{\mathscr{P}}} -\providecommand{\kPrice}{\ensuremath{\mathsf{P}}} -\providecommand{\KRat}{\ensuremath{K}} -\providecommand{\kRat}{\ensuremath{k}} -\providecommand{\kTargE}{\ensuremath{\Target{k}^{e}}} -\providecommand{\kTarg}{\ensuremath{\Target{k}}} -\providecommand{\labor}{\ensuremath{\ell}} % -\providecommand{\Labor}{\ensuremath{L}} -\providecommand{\labShare}{\ensuremath{\nu}} -\providecommand{\Leisure}{Z} % -\providecommand{\leisure}{z} % -\providecommand{\leiShare}{\ensuremath{\zeta}} % -\providecommand{\LGro}{\ensuremath{\Lambda}} -\providecommand{\lGro}{\ensuremath{\lambda}} -\providecommand{\LLevBF}{\ensuremath{\mathbf{L}}} -\providecommand{\lLevBF}{\ensuremath{\pmb{\ell}}} -\providecommand{\lLev}{\ensuremath{\ell}} -\providecommand{\LLev}{\ensuremath{L}} -\providecommand{\Lo}{\check} -\providecommand{\LRat}{\ensuremath{L}} -\providecommand{\MaxMaxMPC}{\ensuremath{\bar{\bar{\kappa}}}} -\providecommand{\MaxMinMPC}{\ensuremath{\hat{\underline{\kappa}}}} -\providecommand{\MaxMPC}{\ensuremath{\bar{\kappa}}} -\providecommand{\MaxMPS}{\ensuremath{\PatR}} -\providecommand{\Mean}{\ensuremath{\mathbb{M}}} % Mean -\providecommand{\mEss}{\check{m}^{e}} -\providecommand{\ME}{\MRat^{e}} -\providecommand{\mE}{\mRat^{e}} -\providecommand{\mFunc}{\ensuremath{\mathrm{m}}} -\providecommand{\MinMinMPC}{\ensuremath{\underline{\kappa}}} -\providecommand{\MinMPC}{\ensuremath{\uline{\kappa}}} -\providecommand{\MinMPS}{\ensuremath{\pZero^{1/\CRRA} \PatR}} -\providecommand{\MLevBF}{\ensuremath{\mathbf{M}}} -\providecommand{\mLevBF}{\ensuremath{\mathbf{m}}} -\providecommand{\mLevBF}{\ensuremath{\mathbf{m}}} -\providecommand{\mLevE}{\mLev^{e}} -\providecommand{\MLev}{\ensuremath{M}} -\providecommand{\mLev}{\ensuremath{m}} -\providecommand{\MPCE}{\MPC^{e}} -\providecommand{\MPCFunc}{\ensuremath{\pmb{\kappa}}} -\providecommand{\MPCPPF}{\ensuremath{\Pi}} -\providecommand{\MPCP}{\ensuremath{\pi}} -\providecommand{\MPCU}{\MPC^{u}} -\providecommand{\MPC}{\ensuremath{\kappa}} -\providecommand{\MPSFunc}{\ensuremath{\pmb{lambda}}} -\providecommand{\MPS}{\ensuremath{\lambda}} -\providecommand{\MRatE}{\MRat^{e}} -\providecommand{\mRatE}{\mRat^{e}} -\providecommand{\MRat}{\ensuremath{M}} -\providecommand{\mRat}{\ensuremath{m}} -\providecommand{\MSS}{\ensuremath{\breve{M}}} -\providecommand{\mSS}{\ensuremath{\breve{m}}} -\providecommand{\mTarg}{\check{m}} -\providecommand{\MU}{{M}^{u}} -\providecommand{\mU}{{m}^{u}} -%\providecommand{\m}{\ensuremath{m}} -%\providecommand{\M}{\ensuremath{M}} -%\providecommand{\next}{2} % via search-and-replace -\providecommand{\Next}{t+1} % -\providecommand{\nFunc}{\ensuremath{\mathrm{n}}} -\providecommand{\NLev}{\ensuremath{N}} -\providecommand{\nLev}{\ensuremath{n}} -\providecommand{\NRat}{\ensuremath{N}} -\providecommand{\nRat}{\ensuremath{n}} -\providecommand{\Num}{\ensuremath{N}} -\providecommand{\nIter}{\ensuremath{n}} -\providecommand{\OLevBF}{\ensuremath{\mathbf{O}}} -\providecommand{\oLevBF}{\ensuremath{\mathbf{o}}} -\providecommand{\OLev}{\ensuremath{O}} -\providecommand{\oLev}{\ensuremath{\pmb{o}}} -\providecommand{\ORat}{\ensuremath{O}} -\providecommand{\oRat}{\ensuremath{o}} -\providecommand{\Pareto}{\zeta} -\providecommand{\PatPGroAdj}{\text{\pmb{\Thorn}}_{\underline{\PGro}}} -\providecommand{\patpGroAdj}{\text{\thorn}_{\underline{\pGro}}} -\providecommand{\patpGrohat}{\hat{\text{\thorn}}_{\pGro}} -\providecommand{\PatPGro}{\text{\pmb{\Thorn}}_{\PGro}} -\providecommand{\patpGro}{\text{\thorn}_{\pGro}} -\providecommand{\PatR}{\text{\pmb{\Thorn}}_{\Rfree}} -\providecommand{\patr}{\text{\thorn}_{\rfree}} -\providecommand{\PatU}{\text{\pmb{\Thorn}}_{\urate}} -\providecommand{\patu}{\text{\thorn}_{\urate}} -\providecommand{\PatWGro}{\text{\pmb{\Thorn}}_{\WGro}} -\providecommand{\patwGro}{\text{\thorn}_{\wGro}} -\providecommand{\Pat}{\text{\pmb{\Thorn}}} -\providecommand{\pat}{\text{\thorn}} -\providecommand{\pDeadRate}{\ensuremath{\grave{\cancel{\mathsf{d}}}}} -\providecommand{\pDead}{\ensuremath{\mathfrak{D}}} -\providecommand{\pDieRate}{\ensuremath{\grave{\mathsf{d}}}} -\providecommand{\pDies}{\ensuremath{\mathsf{d}}} % Continuous time death rate -\providecommand{\PDies}{\ensuremath{\mathsf{D}}} % Discrete-time one-period death rate -\providecommand{\diePrb}{\ensuremath{\mathsf{d}}} % Continuous time death rate -\providecommand{\DiePrb}{\ensuremath{\mathsf{D}}} % Discrete-time one-period death rate -\providecommand{\PDV}{\ensuremath{\mathbb{P}}} % PDV -\providecommand{\PGroAdj}{\ensuremath{\underline{\PGro}}} -\providecommand{\pGroAdj}{\ensuremath{\underline{\pGro}}} -\providecommand{\PGrouAdj}{\ensuremath{\underline{\underline{\PGro}}}} -\providecommand{\pGrouAdj}{\ensuremath{\underline{\underline{{\pGro}}}}} -\providecommand{\PGro}{\ensuremath{\Gamma}} -\providecommand{\pGro}{\ensuremath{\gamma}} -\providecommand{\permGroFac}{\ensuremath{\Gamma}} % Econ-ARK -\providecommand{\permGroRte}{\ensuremath{\gamma}} % Econ-ARK -\providecommand{\phiFunc}{\ensuremath{\digamma}} -\providecommand{\PIHMPC}{\ensuremath{\varkappa}} -\providecommand{\PInc}{\ensuremath{P}} -\providecommand{\PLabor}{\ensuremath{P}} % Permanent labor income in levels -\providecommand{\Plabor}{P} % Permanent labor income in levels -\providecommand{\PLevBF}{\ensuremath{\mathbf{P}}} -\providecommand{\pLevBF}{\ensuremath{\mathbf{p}}} -\providecommand{\PLev}{\ensuremath{P}} -\providecommand{\pLog}{\ensuremath{p}} -\providecommand{\pLev}{\ensuremath{\pmb{p}}} -\providecommand{\PLev}{\ensuremath{P}} -\providecommand{\LivPrb}{\ensuremath{\cancel{\DiePrb}}} -\providecommand{\livPrb}{\ensuremath{\cancel{\diePrb}}} -\providecommand{\PLives}{\ensuremath{\cancel{\PDies}}} -\providecommand{\pLives}{\ensuremath{\cancel{\pDies}}} -%\providecommand{\pNotZero}{\ensuremath{\cancel{\wp}}} -\providecommand{\pNotZero}{(1-\pZero)} -\providecommand{\PopE}{\mathcal{E}} -\providecommand{\popE}{e} -\providecommand{\PopGro}{\ensuremath{\Xi}} -\providecommand{\popGro}{\ensuremath{\xi}} -\providecommand{\PopLev}{\ensuremath{\pmb{N}}} -\providecommand{\PopU}{\mathcal{U}} -\providecommand{\Pop}{\ensuremath{L}} -\providecommand{\PostITC}{\ensuremath{\cancel{\zeta}}} -\providecommand{\power}{\ensuremath{\eta}} -\providecommand{\pPDVFunc}{\ensuremath{\mathbb{P}}} -\providecommand{\PPDV}{\ensuremath{\text{PDV($P$)}}} -\providecommand{\pRat}{\ensuremath{p}} -\providecommand{\Price}{\ensuremath{\mathsf{P}}} -\providecommand{\ProdFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\ProdFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\prodFunc}{\ensuremath{\mathrm{f}}} -\providecommand{\prudEx}{\ensuremath{\omega}} -\providecommand{\prud}{\ensuremath{\eta}} -\providecommand{\pSav}{\ensuremath{\phi}} -\providecommand{\pShkMin}{\underline{\psi}} % -\providecommand{\PShk}{\Psi} % -\providecommand{\PermShkAgg}{\Psi} % New -\providecommand{\PermShk}{\Psi} % New -\providecommand{\permShk}{\psi} % New -\providecommand{\pShk}{\psi} % -\providecommand{\permShkInd}{\psi} % New -\providecommand{\pshk}{\psi} % -\providecommand{\PtyGro}{\ensuremath{\Phi}} -\providecommand{\ptyGro}{\ensuremath{\phi}} -\providecommand{\PtyLab}{\ensuremath{\mathrm{Z}}} % Labor productivity -\providecommand{\ptyLab}{\ensuremath{z}} % usually, log of \PtyLab -\providecommand{\PtyLev}{\ensuremath{A}} % Multiplies overall production function -\providecommand{\ptyLev}{\ensuremath{a}} % Usually, log of \PtyLev -\providecommand{\pZero}{\ensuremath{\wp}} -\providecommand{\QLev}{\ensuremath{Q}} -\providecommand{\q}{\ensuremath{\koppa}} -\providecommand{\RCpnd}{\ensuremath{\mathbf{R}}} -\providecommand{\RevFunc}{\ensuremath{\pmb{\Pi}}} -\providecommand{\revFunc}{\ensuremath{\pmb{\pi}}} -\providecommand{\Rev}{\ensuremath{\Pi}} -\providecommand{\rev}{\ensuremath{\pi}} -\providecommand{\rfree}{\ensuremath{\mathsf{r}}} % The net return on the safe asset at an annual rate -\providecommand{\Rfree}{\ensuremath{\mathsf{R}}} % The return factor on the safe asset - unfortunately mathfrak fonts don't come through for tth -\providecommand{\RFunc}{\ensuremath{\mathrm{R}}} -\providecommand{\RGross}{\ensuremath{\breve{\mathsf{R}}}} -\providecommand{\rGross}{\ensuremath{\breve{\mathsf{r}}}} -%\providecommand{\RiskyAlt}{\ensuremath{\acute{\mathbf{R}}}} % The return on the risky asset -\providecommand{\RiskyAlt}{\ensuremath{\pmb{\mathfrak{R}}}} % The return on the risky asset -% \providecommand{\riskyAlt}{\ensuremath{\acute{\mathbf{r}}}} % The net return on the risky asset annual rate -\providecommand{\riskyAlt}{\ensuremath{\pmb{\mathfrak{r}}}} % The net return on the risky asset annual rate -\providecommand{\riskyshare}{\ensuremath{\varsigma}} -\providecommand{\Risky}{\ensuremath{\mathbf{R}}} % The return on the risky asset -\providecommand{\risky}{\ensuremath{\mathbf{r}}} % The net return on the risky asset annual rate -\providecommand{\RLev}{\ensuremath{R}} % Rate of return (but better to use \Rfree or \Risky or something else more specific -\providecommand{\RnormWGro}{\ensuremath{\mathcal{R}_{\WGro}}} % Normalized version of riskless return factor -\providecommand{\rnormwGro}{\ensuremath{\mathit{r}_{\wGro}}} % Normalized version of riskless rate of return -\providecommand{\Rnorm}{\ensuremath{\mathcal{R}}} % Normalized version of riskless return factor -\providecommand{\rnorm}{\ensuremath{\mathit{r}}} % Normalized version of riskless rate of return -\providecommand{\Rport}{\ensuremath{\mathbbmss{R}}} % Portfolio -weighted return -\providecommand{\rport}{\ensuremath{\mathbbmss{r}}} -\providecommand{\Rprod}{\ensuremath{\mathscr{R}}} -\providecommand{\rprod}{\ensuremath{\mathscr{r}}} -\providecommand{\rProd}{\ensuremath{\mathsf{r}}} -\providecommand{\RProd}{\ensuremath{\mathsf{R}}} -\providecommand{\RSave}{\ensuremath{\underline{\Rfree}}} -\providecommand{\rsave}{\ensuremath{\underline{\rfree}}} -\providecommand{\RBoro}{\ensuremath{\bar{\Rfree}}} -\providecommand{\rboro}{\ensuremath{\bar{\rfree}}} -%\providecommand{\R}{\Rfree} -\providecommand{\saveRate}{\grave{s}} % saving (income minus consumption) over income -\providecommand{\Save}{S} % Saving (income minus consumption) -\providecommand{\save}{s} % saving (income minus consumption) -\providecommand{\SDF}{\MLev} % Stochastic Discount Factor -\providecommand{\sdr}{\mRat} % Stochastic Discount rate -\providecommand{\Seniority}{\ensuremath{\mathsf{X}}} -\providecommand{\seniority}{\ensuremath{\mathsf{x}}} -\providecommand{\SeverancePayment}{\ensuremath{\mathcal{S}}} -\providecommand{\SeveranceRatio}{\ensuremath{\varsigma}} -%\providecommand{\Severance}{\ensuremath{\varsigma}} -\providecommand{\Severance}{\kappa} -\providecommand{\SE}{\SRat^{e}} -\providecommand{\sE}{\sRat^{e}} -\providecommand{\sFunc}{\ensuremath{\mathrm{s}}} -\providecommand{\shk}{\phi} -\providecommand{\Shk}{\Phi} -\providecommand{\ShkLogZeroLogStd}{\sigma_{\cancel{\ShkMeanOneLog}}} % Std of that shock -\providecommand{\ShkLogZeroLogVar}{\sigma_{\cancel{\ShkMeanOneLog}}^{2}} % Variance of that shock -\providecommand{\ShkLogZeroLog}{\cancel{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkLogZero}{\cancel{\ShkMeanOne}} % A shock whose expectation in logs is zero; cancellation of the nonzero mean for the mean one shock -\providecommand{\ShkMeanOneLogStd}{\sigma_{\ShkMeanOneLog}} % Std of that shock -\providecommand{\ShkMeanOneLogVar}{\sigma^{2}_{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkMeanOneLog}{\theta} % Log of that shock -\providecommand{\ShkMeanOne}{\Theta} % A shock whose expectation in levels is always equal to one regardless of variance -\providecommand{\SLevBF}{\mathbf{S}} -\providecommand{\sLevBF}{\mathbf{s}} -\providecommand{\SLevE}{\SLev^{e}} -\providecommand{\sLevE}{\sLev^{e}} -\providecommand{\SLevU}{\SLev^{u}} -\providecommand{\sLevU}{\sLev^{u}} -\providecommand{\SLev}{\ensuremath{S}} -\providecommand{\sLev}{\ensuremath{s}} -\providecommand{\srate}{\ensuremath{\varsigma}} -\providecommand{\SRatE}{\SRat^{e}} -\providecommand{\sRatE}{\sRat^{e}} -\providecommand{\SRatU}{\SRat^{u}} -\providecommand{\sRatU}{\sRat^{u}} -\providecommand{\SRat}{\ensuremath{S}} -\providecommand{\sRat}{\ensuremath{s}} -\providecommand{\STargE}{\Target{\SRat}^{\null}} -\providecommand{\sTargE}{\Target{\sRat}^{\null}} -\providecommand{\STargTarg}{\Target{\Target{\SRat}}} -\providecommand{\sTargTarg}{\Target{\Target{\sRat}}} -\providecommand{\STarg}{\Target{\SRat}} -\providecommand{\sTarg}{\Target{\sRat}} -\providecommand{\Steady}{\bar} -\providecommand{\Stocks}{{S}} -\providecommand{\stocks}{{s}} -\providecommand{\straight}{\Pi} -\providecommand{\Surplus}{\ensuremath{Z}} -\providecommand{\surplus}{\ensuremath{z}} -\providecommand{\SU}{\SRat^{u}} -\providecommand{\sU}{\sRat^{u}} -\providecommand{\Target}{\check} -\providecommand{\TaxCombInv}{\ensuremath{\mathcal{T}^{-1}}} -\providecommand{\TaxComb}{\ensuremath{\mathcal{T}}} -\providecommand{\TaxCorp}{\ensuremath{\Large \tau}} -\providecommand{\taxCorp}{\ensuremath{\tau}} -\providecommand{\taxDep}{\ensuremath{\partial}} -\providecommand{\TaxFree}{\ensuremath{\cancel{\Tax}}} -\providecommand{\TaxLev}{T} -\providecommand{\TaxNetTrans}{\ensuremath{Z}} -\providecommand{\taxNetTrans}{\ensuremath{z}} -\providecommand{\TaxPaid}{\ensuremath{T}} -\providecommand{\TaxRate}{\ensuremath{t}} -\providecommand{\TaxUI}{\ensuremath{\tau}} -\providecommand{\Tax}{\ensuremath{\tau}} -\providecommand{\tax}{\tau} -\providecommand{\tBak}{\ensuremath{\pmb{n}}} -\providecommand{\TEatBak}{\ensuremath{\mathtt{q}}} -\providecommand{\TEat}{\ensuremath{\TEnd}} -\providecommand{\TEndBak}{\ensuremath{\mathsf{p}}} -\providecommand{\TEnd}{\ensuremath{T}} -\providecommand{\TermTime}{\ensuremath{T}} -\providecommand{\tFwd}{\ensuremath{n}} -\providecommand{\tHorOfm}{\ensuremath{\pmb{n}}} -\providecommand{\tHor}{\ensuremath{\mathsf{n}}} -\providecommand{\timeRate}{\ensuremath{\vartheta}} -\providecommand{\tinyAmount}{\ensuremath{\epsilon}} -\providecommand{\TLev}{\ensuremath{T}} -\providecommand{\TMap}{\mathscr{T}} -\providecommand{\tNow}{\ensuremath{t}} -\providecommand{\tShkAll}{\xi} % -\providecommand{\tShkEmpMin}{\underline{\theta}} % -\providecommand{\TShkEmp}{\Theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tranShkInd}{\theta} % New -\providecommand{\TranShkAgg}{\Theta} % New -\providecommand{\TShk}{\Xi} % -\providecommand{\tShk}{\xi} % -\providecommand{\tshk}{\xi} % -\providecommand{\tSS}{\ensuremath{t}} -\providecommand{\tThen}{\ensuremath{\tau}} -\providecommand{\uFunc}{{\ensuremath{\mathrm{u}}}} -\providecommand{\uInvEpShkuInv}{\underline{\underline{\psi}}} -\providecommand{\ULev}{\ensuremath{U}} -\providecommand{\uLev}{\ensuremath{u}} -\providecommand{\unins}{\ensuremath{\zeta}} -\providecommand{\uPDVFunc}{\ensuremath{\mathbb{U}}} -\providecommand{\uPmt}{\ensuremath{\mu}} -\providecommand{\uPPP}{{\ensuremath{\mathrm{u}^{\prime\prime\prime}}}} -\providecommand{\uPP}{{\ensuremath{\mathrm{u}^{\prime\prime}}}} -\providecommand{\uP}{{\ensuremath{\mathrm{u}^{\prime}}}} -\providecommand{\urate}{\ensuremath{\mho}} -\providecommand{\utilFunc}{\ensuremath{\mathrm{u}}} -\providecommand{\util}{\ensuremath{u}} -\providecommand{\ValAlt}{\ensuremath{\mathcal{V}}} % middle-of-period Value function -\providecommand{\valfn}{\ensuremath{\mathrm{v}}} % middle-of-period value function -\providecommand{\Value}{\ensuremath{\mathrm{V}}} % middle-of-period Value function -\providecommand{\VEndFunc}{\ensuremath{\mathfrak{V}}} -\providecommand{\vEndFunc}{\ensuremath{\mathfrak{v}}} -\providecommand{\VEnd}{\ensuremath{\mathfrak{V}}} % end-of-period Value function -\providecommand{\vEnd}{\ensuremath{\mathfrak{v}}} % end-of-period value function -\providecommand{\vEss}{\check{v}^{e}} -\providecommand{\VE}{{V}^{e}} -\providecommand{\vE}{{v}^{e}} -\providecommand{\vFirm}{\ensuremath{\mathrm{e}}} -\providecommand{\VFunc}{\ensuremath{\mathrm{V}}} -\providecommand{\vFunc}{\ensuremath{\mathrm{v}}} -\providecommand{\VInv}{\ensuremath{\Lambda}} -\providecommand{\vInv}{\ensuremath{\scriptstyle \Lambda \displaystyle}} -\providecommand{\vk}{\ensuremath{\lambda}} -\providecommand{\vLevBF}{\ensuremath{\mathbf{v}}} -\providecommand{\VLevFunc}{\ensuremath{\pmb{\mathrm{V}}}} -\providecommand{\vLevFunc}{\ensuremath{\pmb{\mathrm{v}}}} -\providecommand{\VLev}{\ensuremath{V}} -\providecommand{\vLev}{\ensuremath{v}} -\providecommand{\vNorm}{\ensuremath{\mathrm{w}}} % end-of-period value function -\providecommand{\VNum}{\ensuremath{V}} -\providecommand{\vNum}{\ensuremath{v}} -\providecommand{\vOptAlt}{\ensuremath{\Alt{\tilde{\mathfrak{v}}}}} -\providecommand{\vOpt}{\ensuremath{\tilde{\mathfrak{v}}}} -\providecommand{\VRat}{\ensuremath{V}} -\providecommand{\vRat}{\ensuremath{v}} -\providecommand{\vTarg}{\Target{\vRat}} -\providecommand{\VU}{{V}^{u}} -\providecommand{\vU}{{v}^{u}} -\providecommand{\Wage}{\ensuremath{\mathsf{W}}} -\providecommand{\wage}{\ensuremath{\mathsf{w}}} -\providecommand{\WAllLev}{\ensuremath{\mathbf{O}}} -\providecommand{\wAllLev}{\ensuremath{\mathbf{o}}} -\providecommand{\WAllRat}{\ensuremath{O}} -\providecommand{\wAllRat}{\ensuremath{o}} -\providecommand{\WAll}{{O}} -\providecommand{\wAll}{{o}} -\providecommand{\WBeg}{\KLev} % Wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\wBeg}{\kLev} % wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\Wealth}{\ensuremath{O}} -\providecommand{\wealth}{\ensuremath{o}} -\providecommand{\WEndRat}{\ARat} % -\providecommand{\wEndRat}{\aRat} % -\providecommand{\WEnd}{\ALev} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wEnd}{\aLev} % wealth as of the end of the period (after C has been taken) -\providecommand{\Wend}{\ARat} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wend}{\aRat} % wealth as of the end of the period (after C has been taken) -\providecommand{\wFunc}{\mathrm{w}} -\providecommand{\WGroPF}{\ensuremath{\mathrm{G}}} -\providecommand{\WGro}{\ensuremath{\mathrm{G}}} -\providecommand{\wGro}{\ensuremath{\mathsf{g}}} -\providecommand{\whumMin}{\underline{\hRat}} % human wealth -- individual -\providecommand{\WHum}{\HLev} % Human wealth -- aggregate -\providecommand{\wHum}{\hLev} % human wealth -- individual -\providecommand{\Whum}{\HRat} % Human wealth -- aggregate -\providecommand{\whum}{\hRat} % human wealth -- individual -\providecommand{\WLev}{\ensuremath{W}} -\providecommand{\wLev}{\pmb{w}} -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wMid}{\bLev} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\Wmid}{\BRat} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wmid}{\bRat} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMkt}{\MLev} % Wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wMkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wmkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wNet}{\ensuremath{x}} % -\providecommand{\WNet}{\ensuremath{X}} % Total wealth -\providecommand{\WPre}{{K}} -\providecommand{\wPre}{{k}} -\providecommand{\wRat}{\ensuremath{o}} % -\providecommand{\WRat}{\ensuremath{O}} % Ratio to permanent income -\providecommand{\wTot}{\ensuremath{\mathbf{o}}} % -\providecommand{\WTot}{\ensuremath{\mathbf{O}}} % Total wealth -\providecommand{\wtot}{\ensuremath{o}} % -\providecommand{\Wtot}{\ensuremath{O}} % Total wealth -\providecommand{\xFer}{\chi} -\providecommand{\XFer}{X} -\providecommand{\xFunc}{\mathrm{x}} -\providecommand{\XLev}{\ensuremath{X}} -\providecommand{\xLev}{\ensuremath{x}} -\providecommand{\xpend}{\ensuremath{\xi}} -\providecommand{\XperGro}{\ensuremath{\mathsf{X}}} -\providecommand{\xperGro}{\ensuremath{\mathsf{x}}} -\providecommand{\XRat}{\ensuremath{X}} -\providecommand{\xRat}{\ensuremath{x}} -\providecommand{\yFunc}{\mathrm{y}} -\providecommand{\yLevBF}{\ensuremath{\mathbf{y}}} -\providecommand{\YLev}{\ensuremath{Y}} -\providecommand{\YLevBF}{\ensuremath{\mathbf{Y}}} -\providecommand{\yLev}{\ensuremath{y}} -\providecommand{\YRat}{\ensuremath{Y}} -\providecommand{\yRat}{\ensuremath{y}} -\providecommand{\yTargE}{\ensuremath{\check{y}^{e}}} -\providecommand{\yTarg}{\ensuremath{\check{y}}} -\providecommand{\zAgg}{\ensuremath{\pmb{Z}}} -\providecommand{\zFunc}{\mathrm{z}} -\providecommand{\ZLevBF}{\ensuremath{\mathbf{Z}}} -%\providecommand{\zLevBF}{\ensuremath{\mathbf{z}}} -\providecommand{\zLevBF}{\ensuremath{\pmb{z}}} -\providecommand{\ZLev}{\ensuremath{Z}} -\providecommand{\zLev}{\ensuremath{z}} -\providecommand{\ZRat}{\ensuremath{Z}} -\providecommand{\zRat}{\ensuremath{z}} - -\providecommand{\DieFac}{\pDead} -\providecommand{\LivFac}{\Alive} -\providecommand{\PopFac}{\PopGro} -\providecommand{\popRte}{\popGro} - - -\providecommand{\NFALev}{\NLev} -\providecommand{\NFARat}{\NRat} -\providecommand{\NI}{\ensuremath{Z}} -\providecommand{\GDPLev}{\pmb{P}} -\providecommand{\GDPRat}{P} -\providecommand{\GDPGro}{\gimel} -\providecommand{\gdpLev}{\pmb{p}} -\providecommand{\gdpRat}{p} -\providecommand{\weight}{\omega} - - -\providecommand{\bi}{} -\renewcommand{\bi}{\begin{itemize}} -\providecommand{\ei}{} -\renewcommand{\ei}{\end{itemize}} -\providecommand{\reqd}{} -\renewcommand{\reqd}{\item[$^{*}$]} -\providecommand{\recm}{} -\renewcommand{\recm}{\item[\phantom{$^{*}$}]} - -\providecommand{\pd}[2]{\frac{\partial#1}{\partial#2}} - - -% Ensure that you're in math mode when using the \cancel command (otherwise tex4ht produces bad output) -\newcommand\cncl[1]{\ensuremath{\cancel{#1}}} - -% Define the handles for the various conditions -\newcommand{\constr}[1]{\grave{#1}} - -\newcommand{\PFGPF}{{\mbox{PF-GPF}}} -\newcommand{\PFGIC}{{\mbox{PF-GIC}}} -\newcommand{\AIC}{{\mbox{AIC}}} -\newcommand{\PFFVAC}{{\mbox{PF-FVAC}}} -\newcommand{\PFVAF}{{\mbox{PF-FVAF}}} -\newcommand{\FVAC}{{\mbox{FVAC}}} -\newcommand{\FVAF}{{\mbox{FVAF}}} -\newcommand{\GIC}{{\mbox{GIC}}} -\newcommand{\GICAgg}{{\mbox{GIC-Agg}}} -\newcommand{\RIC}{{\mbox{RIC}}} -\newcommand{\WRIC}{{\mbox{WRIC}}} -\newcommand{\FHWC}{{\mbox{FHWC}}} -\newcommand{\RPF}{{\mbox{RPF}}} -\newcommand{\GPF}{{\mbox{GPF}}} -\newcommand{\GPFAgg}{{\mbox{GPF-Agg}}} -\newcommand{\FHWF}{\mbox{FHWF}} diff --git a/docs/NARK/Resources/texmf-local/tex/latex/makePostHandoutsStart.tex b/docs/NARK/Resources/texmf-local/tex/latex/makePostHandoutsStart.tex deleted file mode 100755 index d3c19da71..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/makePostHandoutsStart.tex +++ /dev/null @@ -1,6 +0,0 @@ - -% Begin creating shell to make and post set of notes - -\write18{touch makePostHandouts.sh ; rm makePostHandouts.sh} -\write18{cat /Volumes/Data/Courses/Choice/LectureNotes/makePost/shellStart.txt > makePostHandouts.sh} -\write18{chmod a+x makePostHandouts.sh} diff --git a/docs/NARK/Resources/texmf-local/tex/latex/printvrb.sty b/docs/NARK/Resources/texmf-local/tex/latex/printvrb.sty deleted file mode 100755 index b3a1d65d7..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/printvrb.sty +++ /dev/null @@ -1,112 +0,0 @@ -%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% -%%% printvrb.sty %%%%%%%%%%%%%%%%%% -%%% Amy Hendrickson -%%% TeXnology Inc. -%%% http://www.texnology.com -%%% revised version, April 8, 2011 -%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% - -%%% Uses moreverb.sty, Rainer Schopf author, -%%% as method to send verbatim text to -%%% another file, - -%%% These commands allow user to type in text or math and -%%% have it print in more than one document, -%%% for example, print in an article and also in slides. - -%%% This is done by sending fragments to a jobname.vrb file. -%%% Each fragment will have a unique name given as an argument -%%% to writetofile. - -%%% -\usepackage{moreverb} - -\newwrite\verbatimout - -%% The fragments will be sent to a new file called -%% the same name as the file they are found in with a -%% .vrb filename ending. (ie., test.tex ==> test.vrb) -%% They will also print in the originating .tex file -%% when LaTeX is run on the file twice (like the \tableofcontents -%% and cross-references). - - -%%% \begin{writetofile}{name}{your text}\end{writetofile} -%%% Notice that there are curly brackets surrounding the -%%% text you enter. These are necessary. - -%%% (Name can include numbers or any symbols you want) - -%%% Used: -%%% \begin{writetofile}{name} -%%% {my text} -%%% \end{writetofile} - -\newcount\definitionnumber - -%%% \namesinmargin will make name of fragment appear in margin. -%%% If this command isn't there, there will be no names in the margin. - -\newif\ifnamesinmargin -\def\namesinmargin{\global\namesinmargintrue} - -\def\writetofile#1{% -\vskip1sp -\ifnum\definitionnumber=0 -\expandafter\openin1 \jobname.vrb -\ifeof1 -\else -\input \jobname.vrb -\fi%% to get the previous definitions -\immediate\openout\verbatimout=\jobname.vrb -\fi -%% -\global\advance\definitionnumber by 1 -\gdef\currname{#1}% -\ifnamesinmargin -\vskip1sp\noindent\llap{\vtop to 0pt{\hbox{\tt\csname currname\endcsname\hskip4pt==>\ }\vss}}% -\fi% -%% -\immediate\write\verbatimout{^^J^^J\string\expandafter\string\gdef\string\csname\space -\currname\string\endcsname} - \@bsphack - \let\do\@makeother\dospecials - \catcode`\^^M\active \catcode`\^^I=12 - \def\verbatim@processline{% - \immediate\write\verbatimout - {\the\verbatim@line}}% -\verbatim@start} - -\def\endwritetofile{% - \@esphack -\expandafter\ifx\csname \currname\endcsname\relax Please run LaTeX on -file one more time!\else -\ifnamesinmargin\vskip-\baselineskip\fi -\noindent\expandafter\csname \currname\endcsname\relax\fi -} - -\makeatother - -%%%%%%%%%%%%%%%%%%%%% -%%% Using fragments in new file: - -%%% \input jobname.vrb will bring in the definitions -%%% for the fragments. -%%% (jobname is the same as the filename of the source document) - -%%% \namesinmargin will make names print as well as as printing -%%% the fragment. - -%%% \printfrag{name} will bring in fragment defined in source file, -%%% and sent to jobname.vrb. - -%%% \printfrag will save the problem of remembering to use -%%% \csname ...\endcsname, and will check to see if fragment is defined - -\def\printfrag#1{\expandafter\ifx\csname #1\endcsname\relax\vskip12pt -\noindent(!! There is -no fragment {\tt ==> #1 <==} maybe run LaTeX on source file again?)\vskip12pt\else -\ifnamesinmargin -\vskip1sp\noindent\llap{\vtop to 0pt{\hbox{\tt #1\hskip4pt==>\ }\vss}}\fi% -\csname #1\endcsname\fi -} diff --git a/docs/NARK/Resources/texmf-local/tex/latex/snapshot.sty b/docs/NARK/Resources/texmf-local/tex/latex/snapshot.sty deleted file mode 100755 index 311018ebe..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/snapshot.sty +++ /dev/null @@ -1,341 +0,0 @@ -%% -%% This is file `snapshot.sty', -%% generated with the docstrip utility. -%% -%% The original source files were: -%% -%% snapshot.dtx -%% -%%% ==================================================================== -%%% @LaTeX-doc-source-file{ -%%% filename = "snapshot.dtx", -%%% version = "1.14", -%%% date = "2002/03/05", -%%% time = "15:29:00 EST", -%%% checksum = "39090 807 3449 29761", -%%% author = "American Mathematical Society", -%%% copyright = "Copyright 2001 American Mathematical Society, -%%% all rights reserved. Copying of this file is -%%% authorized only if either: -%%% (1) you make absolutely no changes to your copy, -%%% including name; OR -%%% (2) if you do make changes, you first rename it -%%% to some other name.", -%%% address = "American Mathematical Society, -%%% Electronic Products and Services, -%%% PO Box 6248, -%%% Providence, RI 02940, -%%% USA", -%%% email = "tech-support@ams.org", -%%% URL = "http://www.ams.org/", -%%% supported = "yes", -%%% keywords = "version, compatibility, dependencies, LaTeX", -%%% abstract = "This package provides a way for a LaTeX -%%% document to specify, for each external file -%%% on which the document depends, which version -%%% is required to guarantee output fidelity.", -%%% docstring = "The checksum field above contains a CRC-16 -%%% checksum as the first value, followed by the -%%% equivalent of the standard UNIX wc (word -%%% count) utility output of lines, words, and -%%% characters. This is produced by Robert -%%% Solovay's checksum utility.", -%%% } -%%% ==================================================================== -\NeedsTeXFormat{LaTeX2e}[1994/12/01] -\ProvidesPackage{snapshot}[2002/03/05 v1.14] -\let\@xp\expandafter \let\@nx\noexpand -\newcommand{\RequireVersions}[2][]{% - \let\snap@check\snap@compare@versions - \let\snap@selfcheck\snap@selfcheck@a - \@ifnextchar *\snap@store@version\snap@store@error#2*{end}{}{}% -} -\@onlypreamble\RequireVersions -\def\snap@store@error#1{% - \PackageError{snapshot}{Expected '*' here, not '#1'}\@ehc -} -\@onlypreamble\snap@store@error -\def\snap@store@version #1#2#3#4{% - \@xp\snap@store@b\csname snapx@#2\endcsname{#2}{#3}{#4}% -} -\@onlypreamble\snap@store@version -\def\@fmtextension{fmt} -\def\@tfmextension{tfm} -\edef\snapx@package{.\@pkgextension} -\edef\snapx@class{.\@clsextension} -\edef\snapx@format{.\@fmtextension} -\edef\snapx@tfm{.\@tfmextension} -\long\def\snapx@application{} -\let\snap@file=\@empty -\let\snapx@end\@@end -\def\snap@store@b#1#2#3#4{% - \ifx#1\snapx@end - \@xp\@gobblefour - \else - \ifx#1\relax \let#1\@empty\fi - \def\@tempa##1 ##2 ##3\@nil{##1 ##2}% - \ifx#1\snapx@application - \else - \xdef\rqv@list{\rqv@list - \ifx\@empty\rqv@list\else,\fi - #3#1% - }% - \fi - \@xp\xdef\csname rqv@#3#1\endcsname{\@tempa#4 v?.? ? \relax\@nil}% - \ifx#1\snapx@format \snap@check{#3.fmt}% - \else \snap@selfcheck{#3.sty}% - \fi - \fi - \@ifnextchar *\snap@store@version\snap@store@error -} -\@onlypreamble\snap@store@b -\def\snap@write{\immediate\write\snap@out} -\let\snap@out\sixt@@n % fallback, probably never used -\DeclareOption{dep}{% - \def\snap@write{\immediate\write\snap@out}% -} -\DeclareOption{log}{% - \let\snap@write\typeout -} -\let\snap@fake@b\relax -\DeclareOption{test}{% - \def\snap@fake@b{\endinput \futurelet\@let@token\snap@ignoline}% -} -\DeclareOption{tfm}{% - \typeout{Option 'tfm' not implemented yet [1999/09/23]}% -} -\def\snap@mismatch@warning#1#2#3{\PackageWarningNoLine{#1}{#2}} -\def\snap@mismatch{\snap@mismatch@warning} -\DeclareOption{error}{% - \def\snap@mismatch{\PackageError}% - \ifx\snap@select\@empty \let\snap@select\snap@select@all \fi -} -\DeclareOption{warning}{% - \def\snap@mismatch{\snap@mismatch@warning}% - \ifx\snap@select\@empty \let\snap@select\snap@select@all \fi -} -\def\snap@select@all#1#2 #3#4 #5\@nil{#1#2 #3#4} -\let\snap@select\@empty -\DeclareOption{date}{% - \def\snap@select#1#2 #3\@nil{#1#2}% -} -\def\snap@select@version#1{% - \ifodd 0#11 \@xp\snap@sva\@xp#1\else\@xp\snap@select@version\fi -} -\def\snap@sva#1.#2 #3\@nil{#1.#2} -\def\snap@select@major#1{% - \ifodd 0#11 \@xp\snap@svm\@xp#1\else\@xp\snap@select@major\fi -} -\def\snap@svm#1.#2\@nil{#1} -\DeclareOption{version}{% - \def\snap@select#1#2 #3{\snap@select@version #3}% -} -\DeclareOption{major-version}{% - \def\snap@select#1#2 #3{\snap@select@major #3}% -} -\ProcessOptions\par -\edef\snap@restore@extensions{% - \def\@nx\@pkgextension{\@pkgextension}% - \def\@nx\@clsextension{\@clsextension}% -} -\def\snap@pad#1#2#3#4#5#6#7#8#9{\snap@pad@a{#1#2#3#4#5#6#7#8#9}} -\def\snap@pad@a#1#2#3#4#5\@nil{\snap@pad@b#1#2#3#4\space\@nil} -\def\snap@pad@b#1\space#2\@nil#3{\def#3{#2}} -\def\snap@trim@version#1#2 #3{#1#2 \snap@trim@b #3} -\def\snap@trim@b#1{\ifodd 0#11 v#1\@xp\snap@trim@c\fi \snap@trim@b} -\def\snap@trim@c#1#2 #3\@nil{#2} -\let\rqv@list=\@empty -\edef\@tempc#1\fmtname{#1\fmtname}\@tempc -\def\@tempa#1,\fmtname.fmt,#2#3\@nil{#2} -\edef\@tempb{\@nx\@tempa,\@filelist,\fmtname.fmt,} -\if ?\@tempb?\@nil - \edef\@filelist{\fmtname.fmt,\@filelist}% - \def\@tempc{LaTeX2e}% - \@xp\edef\csname ver@\fmtname.fmt\endcsname{% - \fmtversion\space - v\ifx\@tempc\fmtname 2.e\else ?.?\fi - }% -\fi -\listfiles -\def\@dofilelist{% - \snap@restore@extensions - \ifx\rqv@list\@empty - \else \rqv@compare@lists - \fi - \ifx\snap@write\typeout - \else - \newwrite\snap@out - \immediate\openout\snap@out=\jobname.dep \relax - \fi - \snap@write{\string\RequireVersions\@charlb}% - \snap@write{\space\space *{application}{TeX}% - \space\space\space\space\space{1990/03/25 v3.x}}% - \@for\@currname:=\@filelist\do{% - \filename@parse\@currname - \ifx\filename@ext\relax - \def\@tempa{file}\def\@tempd{.tex}\def\filename@ext{tex}% - \def\@tempb{~~~}% - \else\ifx\filename@ext\@pkgextension - \def\@tempa{package}\let\@tempd\@empty - \def\@tempb{}% - \else\ifx\filename@ext\@clsextension - \def\@tempa{class}\let\@tempd\@empty - \def\@tempb{~~}% - \else\ifx\filename@ext\@fmtextension - \def\@tempa{format}\let\@tempd\@empty - \def\@tempb{~}% - \else\ifx\filename@ext\@tfmextension - \def\@tempa{tfm}\let\@tempd\@empty - \def\@tempb{~~~~}% - \else - \def\@tempa{file}\edef\@tempd{.\filename@ext}% - \def\@tempb{~~~}% - \fi\fi\fi\fi\fi - \@xp\let\@xp\@tempe - \csname ver@\filename@base.\filename@ext\endcsname - \ifx\@tempe\@empty \let\@tempe\relax \fi - \edef\@tempe{% - \ifx\@tempe\relax 0000/00/00 v0.0% - \else - \@xp\@xp\@xp\snap@trim@version\@xp\@tempe\space v0.0 v0.0 \@nil - \fi - }% - \edef\@tempc{\filename@area\filename@base\@tempd}% full file name - \@xp\snap@pad\@tempc\space~~~~~~~~~~~~~~~~\@nil\@tempd - \begingroup \let~\space - \snap@write{\space\space *{\@tempa}\@tempb{\@tempc}\@tempd{\@tempe}}% - \endgroup - }% - \snap@write{\@charrb}% - \ifx\snap@write\typeout - \else \immediate\closeout\snap@out - \typeout{Dependency list written on \jobname.dep.}% - \fi -}% -\def\rqv@condense#1,{% - \if ,#1,% - \else - \@xp\ifx\csname ver@#1\endcsname\N - \else - \edef\L{\L,#1}% - \@xp\let\csname ver@#1\endcsname=\N - \fi - \fi - \rqv@condense -} -\def\rqv@compare@lists{% - \begingroup - \def\N{1}\let\L=\@gobble - \@xp\rqv@condense \rqv@list,TeX,{,\relax\@xp\@gobbletwo\@xp},% - \ifx\L\@gobble\let\L\@empty\fi - \let\rqv@list=\L - \let\L=\@gobble - \@xp\rqv@condense \@filelist,{,\relax\@xp\@gobbletwo\@xp},% - \ifx\L\@gobble\let\L\@empty\fi - \@for\@currname:=\L\do{% - \snap@mismatch{snapshot}{^^J% - File \@currname\space loaded though not in - \noexpand\RequireVersions list% - }\@ehc - }% - \def\N{2}\let\L=\@gobble - \@xp\rqv@condense\@filelist,TeX,{,\relax\@xp\@gobbletwo\@xp},% - \let\L=\@gobble - \@xp\rqv@condense\rqv@list,{,\relax\@xp\@gobbletwo\@xp},% - \ifx\L\@gobble\let\L\@empty\fi - \@for\@currname:=\L\do{% - \snap@mismatch{snapshot}{^^J% - File \@currname\space [\csname rqv@\@currname\endcsname] - required but not loaded% - }\@ehc - }% - \endgroup -} -\begingroup \catcode\endlinechar=12\relax % -\long\gdef\snap@ignoline#1 -{}\endgroup % -\def\snap@fake@input#1#2#3#4{% - \ifx#1\snapx@end - \aftergroup\@@end \@xp\@gobblefour - \else - \ifx#1\snapx@format - \else - \message{^^J}% - \@xp\snap@fake@b\@@input #3#1\relax - \fi - \fi - \@ifnextchar *\snap@store@version\snap@store@error -} -\newcommand{\rqvTest}[2][]{% - \begingroup \catcode\endlinechar=12 - \catcode`\%=12 \catcode`\{=12 \catcode`\}=12\relax - \let\snapx@application=\snapx@format \let\snapx@tfm=\snap@format - \@ifnextchar *\snap@store@version\snap@store@error#2*{end}{}{}% - \endgroup -} -\@ifundefined{snap@fake@b}{}{% - \let\snap@store@b\snap@fake@input - \let\RequireVersions\rqvTest -} -\AtBeginDocument{% - \@ifundefined{ver@amsgen}{}{% - \@xp\let\csname ver@amsgen.sty\@xp\endcsname - \csname ver@amsgen\endcsname - }% -} -\let\snap@compare@versions\@gobble \let\snap@check\@gobble -\let\snap@selfcheck\@gobble \let\snap@selfcheck@a\@gobble -\ifx\snap@select\@empty \endinput \fi -\begingroup \catcode`\.=11\relax -\gdef\snap@selfcheck@b#1\rqv@snapshot.sty#2#3\@nil{T#2} -\gdef\snap@selfcheck@a#1{% - \if\@xp\snap@selfcheck@b\csname rqv@#1\endcsname T% - \rqv@snapshot.sty F\@nil - \snap@check{#1}% - \fi -} -\endgroup -\def\@nofmt#1.fmt.#2 {#1 } -\def\snap@mismatch@a#1#2#3{% - \snap@mismatch{snapshot}{^^J% - \space\space Required version #2 of \@nofmt#1.fmt. and^^J% - \space\space provided version #3 do not match% - }\@ehc -} -\def\snap@compare@versions#1{% - \begingroup - \@ifundefined{rqv@#1}{}{% - \edef\0{\csname rqv@#1\endcsname}% - \edef\1{\csname ver@#1\endcsname}% - \edef\1{\@xp\snap@trim@version\1 v0.0 v0.0 \@nil}% - \edef\@tempa{\@xp\snap@select\0 v0.0 v0.0 \@nil}% - \edef\@tempb{\@xp\snap@select\1 v0.0 v0.0 \@nil}% - \ifx\@tempa\@tempb - \else - \edef\@tempd{\@nx\snap@mismatch@a{#1}{\@tempa}{\@tempb}}% - \@xp\@tempd - \fi - }% - \endgroup -} -\def\ProvidesFile#1{% - \def\snap@checker{\snap@check{#1}}% - \begingroup - \aftergroup\snap@checker - \catcode`\ 10\catcode\endlinechar 10 % - \@makeother\/% - \@makeother\&% - \@ifnextchar[{\@providesfile{#1}}{\@providesfile{#1}[]}% -} -\def\@pr@videpackage[#1]{% - \expandafter\xdef\csname ver@\@currname.\@currext\endcsname{#1}% - \ifx\@currext\@clsextension - \typeout{Document Class: \@gtempa\space#1}% - \else - \wlog{Package: \@gtempa\space#1}% - \fi - \snap@check{\@currname.\@currext}% -} -\endinput -%% -%% End of file `snapshot.sty'. diff --git a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/pictureenv.4ht b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/pictureenv.4ht deleted file mode 100755 index b51123edc..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/pictureenv.4ht +++ /dev/null @@ -1,3 +0,0 @@ -% pictureenv.4ht from https://tex.stackexchange.com/questions/448300/tex4ht-conflict-with-math-in-table-vs-outside-table-when-using-svg - -\ConfigureEnv{pictureenv}{\Picture*{}}{\EndPicture}{}{} diff --git a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md deleted file mode 100755 index 5dffe22ed..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md +++ /dev/null @@ -1,9 +0,0 @@ -20191212 - struggled for several hours to get svg figures to work properly - -The current version works - -There seem to be two options: - -1. If you never set a specified size of a figure (like \includegraphics[width=6in]) then the method discussed [here](https://tug.org/pipermail/tex4ht/2015q2/001166.html) works. But dies with a division by zero error whenever the size has been explicitly set. It can be resurrected by uncommenting the \Configure{graphics\*}{svg} portion of the file -1. In cases where the size is set (as is frequently the case), the current version obtains the dimensions directly from the svg file - - This might have problems with an svg file without explicit dimensions diff --git a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg deleted file mode 100755 index 14147bc19..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg +++ /dev/null @@ -1,90 +0,0 @@ -\Preamble{charset="latin1",p-width,pic-align,pic-tabular} -\DeclareGraphicsExtensions{.svg,.png,.jpg} % change to %\DeclareGraphicsExtensions{.png,.svg,.jpg} to prefer png pix - -%\Configure{Picture}{.svg} - -\Configure{VERSION}{} - -\DeclareGraphicsRule{.png}{bmp}{.xbb}{} -%\DeclareGraphicsRule{.svg}{svg}{.xbb}{} % Uncomment if you want to use the commented-out method of configuring svg files to get the size from a boundingbox created by ebb -x *.png - -\ConfigureEnv{figure} -{\ifvmode\IgnorePar\fi\EndP\HCode{

    }% -\bgroup \Configure{float}{\ShowPar}{}{}% -} -{\egroup -\ifvmode\IgnorePar\fi\EndP\HCode{
    }\ShowPar -\par} -{}{} - -\Css{div.caption {text-align:left;font-size:83\%;text-indent:0em; margin-left:2em; margin-right:2em; }} -\Css{div.caption span.id{font-variant: small-caps; white-space: nowrap; }} -\Css{.figure div.caption{text-align: center;}} -\Css{.table div.caption{text-align: center;}} -\Css{.table div.pic-tabular{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.figure{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.table{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.float{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} - -% 20200910: Tried a bunch of ways to center the tabbing envt; all failed: -% \Css{div.tbody{text-align:center;}} -% \Css{.table div.tabbing{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -% \Css{div.tabbing{text-align:center;}} -% \Css{.tabbing div.tbody{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -% \Css{.table tabbing div.tbody{text-align:center;clear:both;overflow:auto;margin-bottom:1em;margin-left:auto;margin-right:auto}} - -\ConfigureEnv{subfigure} -{\ifvmode\IgnorePar\fi\EndP\HCode{
    } -} -{\ifvmode\IgnorePar\fi\EndP\HCode{
    }}{}{} -% \Css{.subfigure{display: inline-block;}} would make the figures float next to each other -\Css{.subfigure img{display:block; margin-left:auto; margin-right:auto}} % Should, but does not seem to, center captions - -% This is for figures in png format -\Configure{graphics*} -{png} -{%the special command below so it will copy the png over -\special{t4ht+@File: \csname Gin@base\endcsname.png} -\Picture[pict]{\csname Gin@base\endcsname .png -\space width="\expandafter\the\csname Gin@req@width\endcsname" -}% -}% - -\Configure{Picture}{.svg} - -\makeatletter -\Configure{graphics*} -{svg} -{ -{\Configure{Needs}{File: \Gin@base.svg}\Needs{}} -\Picture[\csname a:GraphicsAlt\endcsname]{\csname Gin@base\endcsname.svg -\csname a:Gin-dim\endcsname} -} - -\makeatother - -%add any custom \Css or HTML commands here as needed. - -% Fix tex4ht includegraphics to allow scaling relative to textwidth -% https://tex.stackexchange.com/questions/563276/graphics-scaling-in-tex4ht -\makeatletter -\ExplSyntaxOn -\Configure{Gin-dim}{style="width:\fp_eval:n{round(\Gin@req@width/\textwidth*100,2)}\%"} -\ExplSyntaxOff -\makeatother - -\Css{.equation td{text-align:center; }} -\Css{td.equation { margin-top:5em; margin-bottom:5em; }} - -%These to tell tex4ht to make inline math images also -\begin{document} - -\Configure{$}{\PicMath}{\EndPicMath}{} -\Configure{PicMath}{}{}{}{class="math";align="absmiddle"} - -\EndPreamble - -% Local Variables: -% TeX-PDF-mode: t -% latex-mode: t -% End: diff --git a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.tex b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.tex deleted file mode 100755 index bd2dd2016..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.tex +++ /dev/null @@ -1,82 +0,0 @@ -\Preamble{charset="latin1",p-width,pic-align,pic-tabular} -\DeclareGraphicsExtensions{.svg,.png,.jpg} % change to %\DeclareGraphicsExtensions{.png,.svg,.jpg} to prefer png pix - -%\Configure{Picture}{.svg} - -\Configure{VERSION}{} - -\DeclareGraphicsRule{.png}{bmp}{.xbb}{} -%\DeclareGraphicsRule{.svg}{svg}{.xbb}{} % Uncomment if you want to use the commented-out method of configuring svg files to get the size from a boundingbox created by ebb -x *.png - -\ConfigureEnv{figure} - {\ifvmode\IgnorePar\fi\EndP\HCode{
    }% - \bgroup \Configure{float}{\ShowPar}{}{}% - } - {\egroup - \ifvmode\IgnorePar\fi\EndP\HCode{
    }\ShowPar -\par} -{}{} - -\Css{div.caption {text-align:left;font-size:83\%;text-indent:0em; margin-left:2em; margin-right:2em; }} -\Css{div.caption span.id{font-variant: small-caps; white-space: nowrap; }} -\Css{.figure div.caption{text-align: center;}} - \Css{.table div.caption{text-align: center;}} - \Css{.table div.pic-tabular{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.figure{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.table{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.float{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} - -% 20200910: Tried a bunch of ways to center the tabbing envt; all failed: -% \Css{div.tbody{text-align:center;}} -% \Css{.table div.tabbing{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -% \Css{div.tabbing{text-align:center;}} -% \Css{.tabbing div.tbody{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -% \Css{.table tabbing div.tbody{text-align:center;clear:both;overflow:auto;margin-bottom:1em;margin-left:auto;margin-right:auto}} - -\ConfigureEnv{subfigure} - {\ifvmode\IgnorePar\fi\EndP\HCode{
    } - } - {\ifvmode\IgnorePar\fi\EndP\HCode{
    }}{}{} - % \Css{.subfigure{display: inline-block;}} would make the figures float next to each other -\Css{.subfigure img{display:block; margin-left:auto; margin-right:auto}} % Should, but does not seem to, center captions - -% This is for figures in png format -\Configure{graphics*} - {png} - {%the special command below so it will copy the png over - \special{t4ht+@File: \csname Gin@base\endcsname.png} - \Picture[pict]{\csname Gin@base\endcsname .png - \space width="\expandafter\the\csname Gin@req@width\endcsname" -}% -}% - -\Configure{Picture}{.svg} - -\makeatletter -\Configure{graphics*} -{svg} -{ - {\Configure{Needs}{File: \Gin@base.svg}\Needs{}} - \Picture[\csname a:GraphicsAlt\endcsname]{\csname Gin@base\endcsname.svg - \csname a:Gin-dim\endcsname} - } - -\makeatother - -%add any custom \Css or HTML commands here as needed. - -% https://tex.stackexchange.com/questions/563276/graphics-scaling-in-tex4ht - - -%These to tell tex4ht to make inline math images also -\begin{document} - -\Configure{$}{\PicMath}{\EndPicMath}{} -\Configure{PicMath}{}{}{}{class="math";align="absmiddle"} - - -\EndPreamble - -% Local Variables: -% TeX-PDF-mode: t -% End: diff --git a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 deleted file mode 100755 index 795fa2e6c..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 +++ /dev/null @@ -1,2 +0,0 @@ -Make:image("svg$", -"dvisvgm -n -p ${page} --exact -c 1.0,1.0 -s ${source} > ${output}") diff --git a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 deleted file mode 100755 index b9a47ff77..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 +++ /dev/null @@ -1,2 +0,0 @@ -Make:image("svg$", -"dvisvgm -n -p ${page} --exact -c 1.2,1.2 -s ${source} > ${output}") diff --git a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 deleted file mode 100755 index 29f3724e7..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 +++ /dev/null @@ -1,2 +0,0 @@ -Make:image("svg$", -"dvisvgm -n -p ${page} --exact -c 1.2,1.0 -s ${source} > ${output}") diff --git a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 deleted file mode 100755 index b9a47ff77..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 +++ /dev/null @@ -1,2 +0,0 @@ -Make:image("svg$", -"dvisvgm -n -p ${page} --exact -c 1.2,1.2 -s ${source} > ${output}") diff --git a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 deleted file mode 100755 index 29f3724e7..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 +++ /dev/null @@ -1,2 +0,0 @@ -Make:image("svg$", -"dvisvgm -n -p ${page} --exact -c 1.2,1.0 -s ${source} > ${output}") diff --git a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 b/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 deleted file mode 100755 index c7425ed51..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 +++ /dev/null @@ -1,2 +0,0 @@ -Make:image("svg$", -"dvisvgm -n -p ${page} --exact -c 1.3,1.0 -s ${source} > ${output}") diff --git a/docs/NARK/Resources/texmf-local/tex/latex/tex4htMakeCFG.sh b/docs/NARK/Resources/texmf-local/tex/latex/tex4htMakeCFG.sh deleted file mode 100755 index 36ad5667c..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/tex4htMakeCFG.sh +++ /dev/null @@ -1,21 +0,0 @@ -#!/bin/sh - -if [ $# -eq 0 ] -then - echo "usage: ${0##*/} " - exit 1 -fi - -handoutName=$1 - -# cd "$(dirname "$0")" # http://stackoverflow.com/questions/3349105/how-to-set-current - -cmd="cp `kpsewhich svg-math-and-subfigures.cfg` $handoutName.cfg" -echo "$cmd" ; eval "$cmd" -#cp `kpsewhich svg-set-size-to-1p0.mk4` $handoutName.mk4 -cmd="cp `kpsewhich svg-set-size-to-1p0.mk4` $handoutName.mk4" -#cp `kpsewhich svg-set-size-to-1p2.mk4` $handoutName.mk4 -#cmd="cp `kpsewhich svg-set-size-to-1p3x1p0.mk4` $handoutName.mk4" -#cmd="cp `kpsewhich svg-set-size-to-1p2x1p0.mk4` $handoutName.mk4" -#cmd="cp `kpsewhich svg-set-size-to-1p1x1p0.mk4` $handoutName.mk4" # Tried this to achieve bold; does not look good -echo "$cmd" ; eval "$cmd" diff --git a/docs/NARK/Resources/texmf-local/tex/latex/titlesec.sty b/docs/NARK/Resources/texmf-local/tex/latex/titlesec.sty deleted file mode 100755 index f588cad6a..000000000 --- a/docs/NARK/Resources/texmf-local/tex/latex/titlesec.sty +++ /dev/null @@ -1,1350 +0,0 @@ -% +--------------------------------------------------+ -% | Typeset titlesec.tex to get the documentation. | -% +--------------------------------------------------+ -% -% Copyright (c) 1998-2016 by Javier Bezos. -% All Rights Reserved. -% -% This file is part of the titlesec distribution release 2.10.2 -% ----------------------------------------------------------- -% -% It may be distributed and/or modified under the -% conditions of the LaTeX Project Public License, either version 1.3 -% of this license or (at your option) any later version. -% The latest version of this license is in -% http://www.latex-project.org/lppl.txt -% and version 1.3 or later is part of all distributions of LaTeX -% version 2003/12/01 or later. -% -% This work has the LPPL maintenance status "maintained". -% -% The Current Maintainer of this work is Javier Bezos. -% -% Notes -% ~~~~~ -% -% The following tags are used: -% ttl@ : the generic tag used through the style -% ttlh@ : a shape definition -% ttlf@ : a macro containing the title format -% ttls@ : id. the title space -% ttlp@ : page key related macros -% ttll@ : level number -% -% The ttlf@ and ttls@ contains data in the form {..}{..}. -% Perhaps in future releases they should be converted -% to a prop-like list, similar to that proposed by the -% latex team. -% -% Admittedly, the current implementation seems too -% complicated, but that's necessary in order to provide -% certain compatibility with the sections as defined by the -% used class. Other packages opt for providing the sections -% as defined by standard classes ignoring the class; for -% instance sectsty which does a simple task in a simple and -% nice way. However, that was not my goal. -% -% Release -% ~~~~~~~ - -\NeedsTeXFormat{LaTeX2e} -\ProvidesPackage{titlesec}[2016/03/21 v2.10.2 Sectioning titles] - -% Initialization -% ~~~~~~~~~~~~~~ - -\newif\ifttl@ps -\ttl@psfalse - -% The \ttl@label switch is used when printing the label in titles. -% A numberless variant makes it to true. -% There is a \ttl@toclabel as well, which is true iff the -% title is numbered; used in toc entries (except default part -% and chapter) and marks (only in titlesec pagestyles). - -\newif\ifttl@label -\newif\ifttl@toclabel - -\newbox\ttl@box - -% A provision for the report style: - -\@ifundefined{if@mainmatter} - {\let\if@mainmatter\iftrue}{} - -\@ifundefined{if@openright} - {\let\if@openright\iftrue}{} - -% and the ams styles as well - -\@ifundefined{@chapapp} - {\let\@chapapp\chaptername}{} - -\def\ttl@trylist{\ttl@try{}} - -\def\ttl@getkeys#1#2{% - \if\expandafter @\@gobble#1@\@empty - \edef\ttl@b{\expandafter\@gobble\string#1}% - \let\ttl@a\ttl@b - \else - \makeatletter - \edef\ttl@d{% - \noexpand\input{ttlkeys.def}% - \catcode`\noexpand\@=\the\catcode`\@}% - \ttl@d - \ttl@getkeys{#1}{#2}% - \fi} - -% A more meaningful error for \@notdefinable - -\expandafter\AtEndOfPackage\expandafter{\expandafter - \gdef\expandafter\@notdefinable\expandafter{\@notdefinable}} - -\def\@notdefinable{% - \PackageError{titlesec}% - {Incompatible package}% - {Titlesec cannot continue defining its own macros - because\MessageBreak - \@backslashchar\reserved@a\space is already used by other package, - the class\MessageBreak - or the document.}} - -% +-----------------+ -% | C L A S S E S | -% +-----------------+ - -\def\ttl@useclass#1#2{% - \@ifstar - {\ttl@labelfalse#1{#2}[]}% - {\ttl@labeltrue\@dblarg{#1{#2}}}} - -\def\ttl@straightclass{\ttl@useclass\ttl@straight@i} -\def\ttl@partclass{\ttl@useclass\ttl@part@i} -\def\ttl@topclass{\ttl@useclass\ttl@top@i} -\def\ttl@pageclass{\ttl@useclass\ttl@page@i} - -% Here \scantokens is used to make sure the unescaped name -% has `letters' and no `others'. Mainly for hyperref, so there -% should be no problems. - -\newcommand\titleclass[1]{% - \edef\ttl@a{\expandafter\@gobble\string#1}% - \ifx\scantokens\@undefined\else - \scantokens\expandafter{\expandafter - \def\expandafter\ttl@a\expandafter{\ttl@a}}% - \fi - \@ifnextchar[{\@tempswatrue\ttl@class@i{#1}}% - {\@tempswafalse\ttl@class@ii{#1}}} - -\def\ttl@class@i#1[#2]{% - \@namedef{ttll@\ttl@a}{#2}% - \expandafter\providecommand\csname\ttl@a title\endcsname{}%%%% - \@ifundefined{ttl@toplevel}{}% - {\expandafter\let\csname ttlss@\ttl@a\expandafter\endcsname - \csname ttlss@\ttl@toplevel\endcsname}% - \edef\ttl@toplevel{\ttl@a}% - \ttl@class@ii{#1}} - -\def\ttl@class@ii#1#2{% - \@ifundefined{ttl@#2class}% - {\PackageError{titlesec}{Unknown sectioning class}% - {Valid names are top, page and straight}}% - {\expandafter\let\csname ttl@compat\ttl@a\endcsname\relax - \@ifundefined{\ttl@a mark}% - {\@namedef{\ttl@a mark}{\@gobble}}% - {}% - \edef#1{% - \expandafter\noexpand\csname ttl@#2class\endcsname{\ttl@a}}}% - \if@tempswa - \expandafter\@gobble - \else - \expandafter\@firstofone - \fi - {\@ifnextchar[% - {\ttl@class@iii}% - {\@ifundefined{ttll@\ttl@a}% - {\PackageError{titlesec}{Unknown sectioning level}% - {\string\titleclass\space with no optional arguments\MessageBreak - only changes the class of an *existing* level}}}}} - -\def\ttl@class@iii[#1]{% - \edef\ttl@b{\expandafter\@gobble\string#1}% - \expandafter\let\csname ttlss@\ttl@a\expandafter\endcsname - \csname ttlss@\ttl@b\endcsname - \expandafter\edef\csname ttlss@\ttl@b\endcsname{\ttl@a}% - \let\ttl@a\ttl@toplevel - \count@\csname ttll@\ttl@toplevel\endcsname - \ttl@class@iv} - -\def\ttl@class@iv{% - \@ifundefined{ttlss@\ttl@a}{}% - {\advance\count@\@ne - \edef\ttl@a{\csname ttlss@\ttl@a\endcsname}% - \expandafter\edef\csname ttll@\ttl@a\endcsname{\the\count@}% - \ttl@class@iv}} - -% Typesetting Classes: General tools -% ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ -% The following command handles the *n spacing -% Some tricks are necessary to multiply a -% skip by a non integer number - -\newskip\beforetitleunit -\beforetitleunit=1ex\@plus.3ex\@minus.06ex -\newskip\aftertitleunit -\aftertitleunit=1ex\@plus.1ex - -\newdimen\ttl@plus -\newdimen\ttl@minus - -\def\ttl@assign#1{% - \@ifstar - {\ttl@assign@i{#1}}% - {\ttl@assign@d{#1}}} - -\def\ttl@assign@i#1#2\relax#3{% - \ttl@plus\z@ - \ttl@minus\z@ - \afterassignment\ttl@assign@ii - \dimen@\the#3, % <- space - #1 = #2\dimen@ - plus #2\ttl@plus - minus #2\ttl@minus} - -\def\ttl@assign@ii#1 {% <- space - \if#1,\else\afterassignment\ttl@assign@ii\fi - \csname ttl@\string#1\endcsname} - -\def\ttl@assign@d#1#2\relax#3{\setlength#1{#2}} - -% To be used with \v/vspace to make them calc-savvy - -\def\ttl@calc#1#2{% - {\setlength\@tempskipa{#2}% - #1\@tempskipa}} - -\def\ttl@calcneg#1#2{% - {\setlength\@tempskipa{#2}% - #1{-\@tempskipa}}} - -% Gets from ttls@ and passes the spacing parameters: - -\def\ttl@startargs#1#2{% Get the first arguments, with the spacing - \@ifundefined{ttlp@#2}% - {\let\ttl@key@page\@empty}% - {\ttlp@fetch{#2}}% - \begingroup - \def\ttl@b{ttls@#2}% - \edef\ttl@key@numberless{\ifttl@label//\else/*\fi}% - \def\ttl@a##1{\csname ttl@key@##1\endcsname}% Used as elt in try - \ttl@trylist - \xdef\ttl@b{\ttl@c}% - \endgroup - \ifx\ttl@b\@empty - \PackageError{titlesec}{Format/spacing not found}% - {I was unable to find the format corresponding to #2.\MessageBreak - Maybe you haven't set it with \string\titleformat\space and - \string\titlespacing} - \fi - \expandafter#1\ttl@b{#2}} - -% Used in ttl@select - -\def\ttl@savefn#1[#2]#3{% - \ifcase#1% - \footnotemark[#2]% - \gdef\ttl@fn{\footnotetext[#2]{#3}}% - \else - \footnotemark - \gdef\ttl@fn{\footnotetext{#3}}% - \fi} - -\def\ttl@nest@error{% - \PackageError{titlesec}{Nested titles}{Titles must not be nested}} - -\def\ttl@hmode@error{% - \PackageError{titlesec}{Entered in horizontal mode} - {The argument cannot contain horizontal material\MessageBreak - such as text, \string\noindent, \string\makebox, etc.}} - -% \ttl@select not only selects the right version to be -% used. It also take steps to ensure that a mark -% is not lost inside a box by saving it into \ttl@mk, -% which in turn is used by the sect and chap commands. - -\newif\ifttl@explicit - -\def\ttl@gmk#1{\gdef\ttl@mk{#1}} - -\def\ttl@select#1#2#3#4{% - \ttl@Hy@saveanchor - \global\let\ttl@mk\@empty % global because of rigidchapters - \global\let\ttl@fn\@empty - \begingroup - \if@inlabel\else % Keep item's \everypar - \everypar{\setbox\z@\lastbox\strut}% - \fi - \let\ttl@straight@i\ttl@nest@error - \let\ttl@top@i \ttl@nest@error - \let\ttl@part@i \ttl@nest@error - \let\ttl@page@i \ttl@nest@error - \let\ttl@newpage\newpage - \def\newpage{\ttl@savewrite\ttl@newpage}% - \def\markboth##1##2{\protect\ttl@gmk{\protect\markboth{##1}{##2}}}% - \def\markright##1{\protect\ttl@gmk{\protect\markright{##1}}}% - \def\@mkboth##1##2{\protect\ttl@gmk{\protect\@mkboth{##1}{##2}}}% - \def\footnote{\@ifnextchar[% - {\ttl@savefn\z@}{\ttl@savefn\@ne[]}}% - \edef\ttl@key@numberless{\ifttl@label//\else/*\fi}% - \def\ttl@b{ttlf@#1}% - \def\ttl@a##1{\csname ttl@key@##1\endcsname}% Used as elt in try - \ttl@trylist - \ifttl@explicit - \def\ttl@passexplicit{\ttl@case{#4}}% - \ttl@c{#4}{#2}{#3}{}% ttl@c is returned by ttl@try with ttlf@... - \else - \let\ttl@passexplicit\ttl@case - \ttl@c{#2}{#3}{#4}% ttl@c is returned by ttl@try with ttlf@... - \fi - \endgroup} - -\let\ttl@savewrite\@empty - -\def\ttl@finmarks{% - \ttl@savewrite - \ttl@mk % Contains a possible mark, returned by \ttl@select - \ttl@fn} % And a footnote - -\def\ttl@try#1{% - \edef\ttl@c{#1}% #1 is a list in the form \ttl@a{key}\ttl@a{key} - \@ifundefined{\ttl@b\ttl@c}{}{% - \edef\ttl@c{\expandafter\noexpand\csname\ttl@b\ttl@c\endcsname}% - \def\ttl@a##1{\csname ttl@extra@##1\endcsname}% - #1% - \let\ttl@try\@gobble}} % locally modified to `break' testings - -% \ttl@write writes marks and toc. tocdepth is taken care of when -% the toc is typesetted and not here. Used always through -% ttl@savewrite, which is reset to \@empty to avoid duplicated -% calls. - -\def\ttl@write#1#2{% - \ttl@blinemarks - \csname#1mark\endcsname{#2}% - \def\ttl@a{\protect\numberline{\@nameuse{the#1}}}% - \@nameuse{ttl@toc#1}% eg, \ttl@tocpart modifies \ttl@a - \ttl@addcontentsline{#1}{#2}% Depends on toctitles, uses \ttl@a - \ttl@elinemarks - \global\ttl@toclabelfalse - \global\let\ttl@savewrite\@empty} - -\newif\ifttl@premark % to be used in ttlps.def -\ttl@premarkfalse - -\def\ttl@premark#1#2{% - \protected@xdef\ttl@prevmarks{\ttl@marks}% - \ttl@blinemarks - \csname#1mark\endcsname{#2}% - \ttl@elinemarks - \gdef\ttl@prevmarks{\ttl@marks}} - -% Must be preceded by a default \ttl@savewrite, which is used -% in starred variants--\@empty in top and straight classes. -% In straight class, it is preceded by the setting of -% prev marks to provide a "fixed" top mark. Otherwise, -% the default prev mark (= curr mark) is used (restored -% after ttl@labelling in straight). This is the command -% to be hacked if you want to change the behaviour of -% starred variants. - -\def\ttl@labelling#1#2{% - \let\ttl@Hy@saveanchor\@empty - \ifttl@label % 1st - if star - \def\ttl@savewrite{\ttl@write{#1}{#2}}% - \@nameuse{ttl@#1label}% eg, sets if mainmatter in chapter. - \ifttl@label % 2nd - eg, if not main matter - \ifnum\@nameuse{ttll@#1}>\c@secnumdepth\relax - \ttl@labelfalse % 3rd - if too deep - \else - \ttl@Hy@refstepcounter{#1}% - \@nameuse{ttl@#1out}% - \fi - \fi - \fi - \let\ifttl@toclabel\ifttl@label - \ifx\ttl@savewrite\@empty\else % If marks - \ifttl@ps - \ifttl@premark - \global\ttl@premarkfalse - \else % if no \pretitlemark - \ttl@premark{#1}{#2}% - \fi - \fi - \ifttl@label\else\ttl@Hy@steplink{#1}\fi - \fi} - -% Executed by ttl@labelling if the name of section is chapter: - -\def\ttl@chapterlabel{\if@mainmatter\else\ttl@labelfalse\fi} - -% Executed by ttl@labelling if chapter has a number. Note -% you can define messages for other sectioning levels (eg, -% \ttl@sectionout). - -\def\ttl@chapterout{\typeout{\chaptertitlename\space\thechapter.}} - -% Straight class -% ~~~~~~~~~~~~~ -% Default for nobottomtitles. Changed by nobottomtitles* - -\def\ttl@addstretch{\advance\@tempskipa-\pagestretch} - -% 1:name 2:level 3:indent 4:before 5:after 6:afind [7]:cap 8:title -% The second argument of ttl@sect is the level, which -% is empty if the star version is used. In this case -% neither the toc nor the marks are written. - -\def\ttl@straight@i#1[#2]#3{% - \def\@currentlabelname{#2}% for nameref - \gdef\ttl@savemark{\csname#1mark\endcsname{#3}}% - \let\ttl@savewrite\@empty - \def\ttl@savetitle{#3}% - \gdef\thetitle{\csname the#1\endcsname}% - \if@noskipsec \leavevmode \fi - \par - \ttl@labelling{#1}{#2}% - \ttl@startargs\ttl@straight@ii{#1}{#3}} - -% 1:left 2:right 3:before 4:after 5:afterindent 6:name 7:title - -\def\ttl@straight@ii#1#2#3#4#5#6#7{% - \ttl@assign\@tempskipa#3\relax\beforetitleunit - \@ifundefined{ttl@ps@#6}{}% - {\PackageWarning{titlesec}{Page style in straight class ignored}}% - \if@nobreak - \ttl@titlespace{\@tempskipa}% - \else - \@ifundefined{#6break}% - {\addpenalty{\@secpenalty}}% - {\csname#6break\endcsname}% - \addvspace{\@tempskipa}% - \ifdim\bottomtitlespace<\z@ - \else - \begingroup - \@tempskipb\pagegoal - \@tempskipa\pagegoal - \ttl@addstretch % \relax if nobottomtitle* - \advance\@tempskipa-\bottomtitlespace\relax % not a register - \pagegoal\@tempskipa - \def\@textbottom{\vskip\z@\@plus.0001fil}% - \penalty9999 - \pagegoal\@tempskipb - \endgroup - \fi - \fi - \@afterindenttrue - \ifcase#5 \@afterindentfalse\fi - \ttl@assign\@tempskipb#4\relax\aftertitleunit - \ttl@select{#6}{#1}{#2}{#7}% - \ttl@finmarks - \@ifundefined{ttlp@#6}{}{\ttlp@write{#6}}% - \if@noskipsec - \global\@nobreakfalse - \everypar{% - \if@noskipsec - \global\@noskipsecfalse - \clubpenalty\@M - \hskip-\parindent - \begingroup - \@svsechd\unskip{\hspace{\@tempskipb}}% - \endgroup - \else - \clubpenalty\@clubpenalty\everypar{}% - \fi}% - \else - \par\nobreak - \vspace{\@tempskipb}% - \@afterheading - \fi - \ignorespaces} - -% Part class -% ~~~~~~~~~~ - -\providecommand\partmark[1]{\markboth{}{}} - -\def\ttl@part@i#1[#2]#3{% - \gdef\ttl@savemark{\csname#1mark\endcsname{#3}}% - \ifx\ttl@notocparts\@undefined - \def\ttl@savewrite{\ttl@write{#1}{#3}}% Not #2! - \else - \let\ttl@savewrite\@empty - \fi - \def\ttl@savetitle{#3}% - \ttl@labelling{#1}{#2}% - \ttl@startargs\ttl@part@ii{#1}{#3}} - -\def\ttl@part@ii#1#2#3#4#5#6#7{% - \ttl@assign\@tempskipa#3\relax\beforetitleunit - \vspace*{\@tempskipa}% - \@ifundefined{ttl@ps@#6}{}% - {\PackageWarning{titlesec}{Page style in part class ignored}}% - \global\@afterindenttrue - \ifcase#5 \global\@afterindentfalse \fi - \ttl@assign\@tempskipb#4\relax\aftertitleunit - \ttl@select{#6}{#1}{#2}{#7}% - \ttl@finmarks - \@ifundefined{ttlp@#6}{}{\ttlp@write{#6}}% - \par\nobreak - \vspace{\@tempskipb}% - \@afterheading} - -% Page class -% ~~~~~~~~~~ - -\def\ttl@page@i#1[#2]#3{% - \gdef\ttl@savemark{\csname#1mark\endcsname{#3}}% - \ifx\ttl@notocparts\@undefined - \def\ttl@savewrite{\ttl@write{#1}{#3}}% Not #2! - \else - \let\ttl@savewrite\@empty - \fi - \def\ttl@savetitle{#3}% - \ttl@labelling{#1}{#2}% - \ttl@startargs\ttl@page@ii{#1}{#3}} - -\def\ttl@page@ii#1#2#3#4#5#6#7{% - \ttl@assign\@tempskipa#3\relax\beforetitleunit - \if@openright - \cleardoublepage - \else - \clearpage - \fi - \@ifundefined{ttl@ps@#6}% - {\thispagestyle{plain}}% - {\thispagestyle{\@nameuse{ttl@ps@#6}}}% - \if@twocolumn - \onecolumn - \@tempswatrue - \else - \@tempswafalse - \fi - \vspace*{\@tempskipa}% - \@afterindenttrue - \ifcase#5 \@afterindentfalse\fi - \ttl@assign\@tempskipb#4\relax\aftertitleunit - \ttl@select{#6}{#1}{#2}{#7}% - \ttl@finmarks - \@ifundefined{ttlp@#6}{}{\ttlp@write{#6}}% - \vspace{\@tempskipb}% - \newpage - \if@twoside - \if@openright - \null - \@ifundefined{ttl@ps@#6}% - {\thispagestyle{empty}}% - {\thispagestyle{\@nameuse{ttl@ps@#6}}}% - \newpage - \fi - \fi - \if@tempswa - \twocolumn - \fi - \ignorespaces} - -% Top class and some makechapterhead stuff -% ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ -% -% \ttl@mkchap is the new make(s)chapterhead. - -\def\ttl@mkchap#1#2#3#4#5#6#7{% - \gdef\ttl@savemark{\csname#6mark\endcsname{#7}}% - \let\ttl@savewrite\@empty - \let\ttl@Hy@saveanchor\@empty - \@ifundefined{ttl@ps@#6}{}% - {\thispagestyle{\@nameuse{ttl@ps@#6}}}% - \let\ifttl@toclabel\ifttl@label - \ttl@mkchap@i{#1}{#2}{#3}{#4}{#5}{#6}{#7}} - -% But \ttl@mkchap@i is used by both makechapterhead and -% the top class. - -\def\ttl@mkchap@i#1#2#3#4#5#6#7{% - \ttl@assign\@tempskipa#3\relax\beforetitleunit - \vspace*{\@tempskipa}% - \global\@afterindenttrue - \ifcase#5 \global\@afterindentfalse\fi - \ttl@assign\@tempskipb#4\relax\aftertitleunit - \ttl@topmode{\@tempskipb}{% - \ttl@select{#6}{#1}{#2}{#7}}% - \ttl@finmarks % Outside the box! - \@ifundefined{ttlp@#6}{}{\ttlp@write{#6}}} - -\def\ttl@top@i#1[#2]#3{% - \gdef\ttl@savemark{\csname#1mark\endcsname{#3}}% - \let\ttl@savewrite\@empty - \def\ttl@savetitle{#3}% - \ttl@labelling{#1}{#2}% - \ttl@startargs\ttl@top@ii{#1}{#3}} - -\def\ttl@top@ii#1#2#3#4#5#6#7{% - \@ifundefined{#6break}% - {\if@openright - \cleardoublepage - \else - \clearpage - \fi}% - {\csname#6break\endcsname}% - \@ifundefined{ttl@ps@#6}% - {\thispagestyle{plain}}% - {\thispagestyle{\@nameuse{ttl@ps@#6}}}% - \global\@topnum\z@ - \@ifundefined{#6tolists}% - {\addtocontents{lof}{\protect\ttl@tocsep}% - \addtocontents{lot}{\protect\ttl@tocsep}} - {\@nameuse{#6tolists}}% - \if@twocolumn - \@topnewpage[\ttl@mkchap@i{#1}{#2}{#3}{#4}{#5}{#6}{#7}]% - \else - \ttl@mkchap@i{#1}{#2}{#3}{#4}{#5}{#6}{#7}% - \@afterheading - \fi - \ignorespaces} - - -% \def\ttl@noskipsectrue{% -% \if@noskipsec -% \PackageError{titlesec}{Invalid shape for top class}% -% {The selected shape only makes sense when merged into\MessageBreak -% a paragraph. That is impossible in the top class}% -% \else - -\newcommand\chaptertitlename{\@chapapp} -\def\ttl@tocsep{\addvspace{10\p@}} - -% +-----------------+ -% | S H A P E S | -% +-----------------+ -% -% % Reformatting Titles: Interface -% ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ - -% The surrounding space is stored in a macro -% named \ttls@
    whose content is -% {left}{right}{before}{after}{afterindent}. -% But if there is the page key, the name is -% \ttls@
    / - -\newcommand\titlespacing{% - \@ifstar{\ttl@spacing@i{\z@}}{\ttl@spacing@i{\@ne}}} - -\def\ttl@spacing@i#1#2#3#4#5{% - \ttl@getkeys{#2}{titlesec}% - \@ifnextchar[{% - \ttl@spacing@ii{#1}{#3}{#4}{#5}% - }{% - \ttl@spacing@ii{#1}{#3}{#4}{#5}[\z@]}} - -\def\ttl@spacing@ii#1#2#3#4[#5]{% - \expandafter\def\csname ttls@\ttl@a\endcsname - {{#2}{#5}{#3}{#4}{#1}}} - -% The section name is built in \ttl@a. -% The format is stored in a macro named \ttlf@
    , -% or \ttlf@
    / if there is the page spec, -% or \ttlf@.../* if numberless is true -% whose content is -% \ttl@{format}{label}{sep}{before}{after} - -\newtoks\ttl@toksa - -\newcommand\titleformat{% - \@ifstar{\ttl@format@s}% - {\ttl@format@i}} - -\def\ttl@format@s#1#2{% - \edef\ttl@a{\expandafter\@gobble\string#1}% - \@ifundefined{ttlf@\ttl@a}% - {\PackageError{titlesec}{Not allowed in `easy' settings} - {The sectiong command you are trying to redefine\MessageBreak - is not handled by the starred variant (eg, \string\part)}}{} - \expandafter\expandafter\expandafter - \ttl@format@si\csname ttlf@\ttl@a \endcsname - {#2}} - -\def\ttl@format@si#1#2#3#4#5#6#7{% - \@namedef{ttlf@\ttl@a}{#1{#7}{#3}{#4}{#5}{#6}}} - -\def\ttl@format@i#1{% - \@ifnextchar[{\ttl@format@ii{#1}}{\ttl@format@ii{#1}[hang]}} - -\def\ttl@format@ii#1[#2]#3#4#5#6{% - \ttl@getkeys{#1}{titlesec}% - \ttl@toksa{{#3}{#4}{#5}{#6}}% Save arguments - \@ifnextchar[{% - \ttl@format@iii{#2}% - }{% - \ttl@format@iii{#2}[]}} - -% First, we get the shape -- if not defined it loads -% the corresponding file. - -\def\ttl@format@iii#1[#2]{% - \@ifundefined{ttlh@#1}{% - \begingroup - \makeatletter - \InputIfFileExists{#1.tss}{}{% - \PackageError{titlesec}{Unknown shape}% - {Shapes are defined in files with extension tss\MessageBreak - Either you have misspelled the shape\MessageBreak - or there is no a #1.tss file}}% - \endgroup}{}% - \@temptokena{#2}% - \ifttl@explicit - \edef\ttl@b{% - \def\expandafter\noexpand\csname ttlf@\ttl@a\endcsname####1% - {\expandafter\noexpand\csname ttlh@#1\endcsname - \the\ttl@toksa{\the\@temptokena}}}% - \else - \edef\ttl@b{% - \def\expandafter\noexpand\csname ttlf@\ttl@a\endcsname - {\expandafter\noexpand\csname ttlh@#1\endcsname - \the\ttl@toksa{\the\@temptokena}}}% - \fi - \ttl@b - \csname ttl@compat\ttl@a\endcsname} - -% Styles -% ~~~~~~ - -% 1:global 2:label 3:sep 4:style 5:after 6:left 7:right 8:title -% \ttl@ and \ttlh@ take the following eight -% arguments: -% {format}{label}{sep}{before}{after}{left}{right}{title} -% where before and after refer to the format. -% With the option explicit, #4 contains the title and #8 is -% empty. - -\def\ttlh@display#1#2#3#4#5#6#7#8{% - \gdef\ttl@makeline##1{\ttl@calc\hspace{#6}##1\ttl@calc\hspace{#7}}% - \setlength\leftskip{#6}% - \setlength\rightskip{#7}% - \interlinepenalty\@M - \ttl@changecentercr - \ttl@beginlongest - #1\ifhmode\ttl@hmode@error\fi - \ttl@glcmds - \parindent\z@ - \ifttl@label - {#2\strut\@@par}\nobreak\ttl@calc\vspace{#3}% - \fi - #4{#8}% - \kern\z@\strut\@@par - \nobreak\ttl@midlongest#5\@@par - \ttl@endlongest} - -\def\ttlh@hang#1#2#3#4#5#6#7#8{% - \gdef\ttl@makeline##1{\ttl@calc\hspace{#6}##1\ttl@calc\hspace{#7}}% - \setlength\leftskip{#6}% - \setlength\rightskip{#7}% - \interlinepenalty\@M - \ttl@changecentercr - \ttl@beginlongest - #1{\ifhmode\ttl@hmode@error\fi - \ttl@glcmds - \parindent\z@ - \begingroup - \ifttl@label - \noindent - \sbox\z@{#2\strut\ttl@calc\hspace{#3}}% - \hangindent\wd\z@ - \box\z@ - \fi - #4{#8}% - \kern\z@\strut\@@par - \endgroup - \nobreak\ttl@midlongest#5\@@par}% - \ttl@endlongest} - -\def\ttlh@runin#1#2#3#4#5#6#7#8{% - \global\@noskipsectrue - \gdef\ttl@makeline##1{##1}% - \ttl@changecentercr - #1{\ifhmode\ttl@hmode@error\fi - \global\sbox\ttl@box{% - \ttl@calc\hspace{#6}% - \ifttl@label{\strut#2}\ttl@calc\hspace{#3}\fi - #4{#8}#5\unskip}}% - \gdef\@svsechd{\unhbox\ttl@box}} - -% +-----------------+ -% | T O O L S | -% +-----------------+ -% -% calcwidth -% ~~~~~~~~~ -% Implemented after code from soul (but much modified...) - -\newdimen\titlewidth -\newdimen\titlewidthlast -\newdimen\titlewidthfirst - -\let\ttl@glcmds\relax -\let\ttl@beginlongest\@empty -\let\ttl@midlongest\@empty -\let\ttl@endlongest\@empty -\let\iftitlemeasuring\@secondoftwo - -\def\ttl@xbeginlongest#1\ttl@endlongest{% - \titlewidth\z@ - \titlewidthlast\z@ - \let\iftitlemeasuring\@firstoftwo - \setbox\ttl@box\vbox{% - \def\ttl@glcmds{% - \def\\{\@ifstar{\@ifnextchar[{\ttl@bs}{\newline}}% - {\@ifnextchar[{\ttl@bs}{\newline}}}% - \def\ttl@bs[####1]{\newline}% - \let\@centercr\\% - \def\ttl@midlongest####1\@@par{}% Very dirty... - \advance\rightskip 1\leftskip plus 1fil - \leftskip=\z@}% - #1}% - \let\iftitlemeasuring\@secondoftwo - \ttl@boxprocess - #1} - -\def\ttl@boxprocess{% - \setbox\ttl@box=\vbox{% - \unvcopy\ttl@box - \unskip\unpenalty - \global\setbox\@ne=\lastbox}% - \ifvoid\@ne - \else - \setbox\tw@=\hbox{\hskip-\leftskip\unhbox\@ne\hskip-\rightskip}% - \titlewidthfirst\wd\tw@ - \ifdim\titlewidth<\titlewidthfirst - \titlewidth\titlewidthfirst - \fi - \ifdim\titlewidthlast=\z@ - \titlewidthlast\titlewidthfirst - \fi - \expandafter\ttl@boxprocess - \fi} - -% Rules -% ~~~~~ - -\providecommand\titleline{% - \@ifstar{\ttl@line@i{\hb@xt@\titlewidth}}% - {\ttl@line@i{}}} - -\def\ttl@line@i#1{% - \@ifnextchar[{\ttl@line{#1}}{\ttl@line{#1}[s]}} - -\def\ttl@line#1[#2]#3{% - \vskip\topskip - \hrule \@height \z@ - \nobreak - \vskip-\topskip - \begingroup - \parindent\z@ - \everypar{}% - \leftskip\z@ - \rightskip\z@ % #1 is either \hb@xt@\titlewidth or empty: - \@makebox[\hsize][#2]{\ttl@makeline{#1{#3}}}% - \par - \endgroup - \hrule height \z@ - \nobreak} - -\providecommand\titlerule{\@ifstar{\ttl@row}{\ttl@rule}} - -\let\ttl@leaders\xleaders % For titletoc compatibility - -\def\ttl@row{\@ifnextchar[{\ttl@row@i}{\ttl@row@i[\wd\z@]}} -\def\ttl@row@i[#1]#2{% - \ifvmode\expandafter\titleline\fi - {\sbox\z@{#2}% - \ttl@calcneg\hspace{#1}% - \hskip\wd\z@ - \ttl@leaders\hb@xt@#1{\hss\box\z@}% - \hfill\kern\z@}} - -\def\ttl@rule{\@ifnextchar[{\ttl@rule@i}{\ttl@rule@i[.4\p@]}} -\def\ttl@rule@i[#1]{% - \ifvmode\expandafter\titleline\fi - {\leaders\hrule height #1\hfill\kern\z@}} - -% Par shapes and space -% ~~~~~~~~~~~~~~~~~~~~ - -\providecommand\filright{% - \gdef\ttl@filleft##1{\hskip##1}% - \gdef\ttl@filright##1{\hfill}% - \let\\\@centercr - \advance\rightskip\z@ \@plus 1fil\relax} -\providecommand\filleft{% - \gdef\ttl@filleft##1{\hfill}% - \gdef\ttl@filright##1{\hskip##1}% - \let\\\@centercr - \advance\leftskip\z@ \@plus 1fil - \parfillskip\z@} -\providecommand\filcenter{\filleft\filright - \gdef\ttl@filleft##1{\hfill}} -\providecommand\fillast{% - \gdef\ttl@filleft##1{\hfill}% - \gdef\ttl@filright##1{\hfill}% - \let\\\@centercr - \filleft\advance\rightskip\z@ \@plus -1fil - \parfillskip\z@ \@plus 2fil\relax} -\newcommand\filinner{% - \if@twoside - \ifodd\count\z@\filleft\else\filright\fi - \else - \filleft - \fi} -\newcommand\filouter{% - \if@twoside - \ifodd\count\z@\filright\else\filleft\fi - \else - \filright - \fi} - -\newcommand\wordsep{\fontdimen\tw@\font \@plus - \fontdimen\thr@@\font \@minus \fontdimen4\font} - -% +-----------------+ -% | O P T I O N S | -% +-----------------+ - - -\DeclareOption{pagestyles}{\let\sectiontitle\@empty} -\DeclareOption{extramarks}{\let\ttl@fetchmark\@empty} -\DeclareOption{floatps}{% - \ifx\sectiontitle\@empty - \let\ttl@replace\space - \else - \PackageWarning{titlesec}{Ignoring `floatps' without - `pagestyles'. This option is now deprecated.}% - \fi} -\DeclareOption{psfloats}{% - \ifx\sectiontitle\@empty - \let\ttl@replace\@empty - \else - \PackageWarning{titlesec}{Ignoring `psfloats' without - `pagestyles'}% - \fi} - -\DeclareOption{loadonly}{\let\ttl@extract\@empty} - -\DeclareOption{outermarks}{% - \def\ttl@titlemarks{\outertitlemarks}} -\DeclareOption{topmarks}{ - \def\ttl@titlemarks{\toptitlemarks}} -\DeclareOption{botmarks}{% - \def\ttl@titlemarks{\bottitlemarks}} -\DeclareOption{innermarks}{% - \def\ttl@titlemarks{\innertitlemarks}} - -\DeclareOption{footmarks}{} % Backward compat - -\DeclareOption{explicit}{\ttl@explicittrue} - -\DeclareOption{clearempty}{% - \def\cleardoublepage{% - \clearpage{\ps@empty\if@twoside\ifodd\c@page\else - \hbox{}\newpage\if@twocolumn\hbox{}\newpage\fi\fi\fi}}} - -\DeclareOption{rigidchapters}{% - \def\ttl@topmode#1#2{\vbox to #1{#2\vfil}}% - \def\ttl@chapafter{.26\textheight}} -\DeclareOption{rubberchapters}{% - \def\ttl@topmode#1#2{{#2}\ttl@calc\vspace{#1}}% - \def\ttl@chapafter{40\p@}} - -\DeclareOption{bottomtitles}{% - \def\bottomtitlespace{-1\p@}} -\DeclareOption{nobottomtitles}{% - \def\bottomtitlespace{.2\textheight}} -\DeclareOption{nobottomtitles*}{% - \let\ttl@addstretch\relax - \def\bottomtitlespace{.2\textheight}} - -\DeclareOption{calcwidth}{% - \let\ttl@beginlongest\ttl@xbeginlongest} - -\DeclareOption{aftersep}{% - \let\ttl@titlespace\@gobble} -\DeclareOption{largestsep}{% - \let\ttl@titlespace\addvspace} - -\DeclareOption{oldparttoc}{% - \def\ttl@tocpart{\def\ttl@a{\thepart\hspace{1em}}}} -\DeclareOption{newparttoc}{% - \let\ttl@tocpart\relax} -\DeclareOption{notocpart*}{% - \let\ttl@notocparts\@empty} - -\DeclareOption{rm}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\rmfamily}} -\DeclareOption{sf}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\sffamily}} -\DeclareOption{tt}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\ttfamily}} -\DeclareOption{md}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\mdseries}} -\DeclareOption{bf}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\bfseries}} -\DeclareOption{up}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\upshape}} -\DeclareOption{it}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\itshape}} -\DeclareOption{sl}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\slshape}} -\DeclareOption{sc}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\scshape}} - -\DeclareOption{big}{% - \gdef\ttl@sizes#1{\ifcase#1\relax\Huge\or\Large\or\large - \or\normalsize\or\or\or\huge\fi}} -\DeclareOption{medium}{% - \gdef\ttl@sizes#1{\ifcase#1\relax\huge\or\Large\or\large - \or\normalsize\or\or\or\LARGE\fi}} -\DeclareOption{small}{% - \gdef\ttl@sizes#1{\ifcase#1\relax\LARGE\or\large - \or\normalsize\or\normalsize\or\or\or\Large\fi}} -\DeclareOption{tiny}{% - \gdef\ttl@sizes#1{\ifcase#1\relax\large\or\normalsize\or - \normalsize\or\normalsize\or\or\or\normalsize\fi}} - -\DeclareOption{raggedleft}{% - \gdef\ttl@fil{\filleft}} -\DeclareOption{center}{% - \gdef\ttl@fil{\filcenter}} -\DeclareOption{raggedright}{% - \gdef\ttl@fil{\filright}} - -\DeclareOption{uppercase}{% - \gdef\ttl@case{\MakeUppercase}} - -\DeclareOption{compact}{% - \gdef\ttl@space{1}% - \gdef\ttl@chapafter{30\p@}} - -% Deprecated. To be remmoved in a major upgrade (3.0) -\DeclareOption{indentfirst}{% - \gdef\@afterindentfalse{\let\if@afterindent\iftrue}% - \@afterindenttrue - \def\titlespacing{% - \@ifstar{\ttl@spacing@i{\@ne}}{\ttl@spacing@i{\@ne}}}} -\DeclareOption{nonindentfirst}{% - \def\titlespacing{% - \@ifstar{\ttl@spacing@i{\z@}}{\ttl@spacing@i{\z@}}}} - -% New names -\DeclareOption{indentafter}{% - \gdef\@afterindentfalse{\let\if@afterindent\iftrue}% - \@afterindenttrue - \def\titlespacing{% - \@ifstar{\ttl@spacing@i{\@ne}}{\ttl@spacing@i{\@ne}}}} -\DeclareOption{noindentafter}{% - \def\titlespacing{% - \@ifstar{\ttl@spacing@i{\z@}}{\ttl@spacing@i{\z@}}}} - -% newlinetospace -\let\ttl@blinemarks\relax -\let\ttl@elinemarks\relax - -\DeclareRobustCommand\ttl@linetosp{% - \@ifstar{\ttl@linetosp@i}{\ttl@linetosp@i}}% - -\def\ttl@linetosp@i{% - \ifdim\lastskip>\z@\else\space\fi - \ignorespaces} - -\DeclareOption{newlinetospace}{% - \def\ttl@blinemarks{% - \let\ttl@e\\% - \def\\{\ttl@linetosp}}% - \def\ttl@elinemarks{\let\\\ttl@e}}% - -% toctitles -\def\ttl@addcontentsline#1#2{% - \addcontentsline{toc}{#1}{\ifttl@toclabel\ttl@a\fi#2}% - \nobreak} - -\DeclareOption{toctitles}{% - \def\ttl@addcontentsline#1#2{% - \addcontentsline{toc}{#1}{\ifttl@toclabel\ttl@a\fi\ttl@savetitle}% - \nobreak}} - -% pageatnewline - -\def\ttl@changecentercr{% - \let\ttl@centercr\@centercr - \def\@centercr{\@ifstar{\ttl@centercr*}{\ttl@centercr*}}} - -\DeclareOption{pageatnewline}{\let\ttl@changecentercr\relax} - -\def\ttl@fonts{} - -\ExecuteOptions{rubberchapters,bottomtitles,aftersep,oldparttoc,% - innermarks} - -\ProcessOptions - -% +-----------------+ -% | H Y P E R R E F | -% +-----------------+ -% -% These two commands are provided by hyperref. But if they -% are not defined at \begin{document} hyperref has not been -% loaded or it is an old version. - -\AtBeginDocument{% - \ifx\ttl@Hy@steplink\@undefined - \let\ttl@Hy@steplink\@gobble - \let\ttl@Hy@refstepcounter\refstepcounter - \fi} - -% +-----------------+ -% | PAGE STYLES | -% +-----------------+ -% -% This is generic: - -\newcommand\assignpagestyle[2]{% - \@namedef{ttl@ps@\expandafter\@gobble\string#1}{#2}} - -% Old pagestyles -% ~~~~~~~~~~~~~~ - -\providecommand\newpagestyle{% - \let\ttl@compatps\@empty % marks the ``old interface'' - \makeatletter - \edef\ttl@d{% - \noexpand\input{ttlps.def}% - \catcode`\noexpand\@=\the\catcode`\@}% - \ttl@d - \newpagestyle} - -\providecommand\renewpagestyle{% - \let\ttl@compatps\@empty % marks the ``old interface'' - \makeatletter - \edef\ttl@d{% - \noexpand\input{ttlps.def}% - \catcode`\noexpand\@=\the\catcode`\@}% - \ttl@d - \renewpagestyle} - -\providecommand\widenhead{% - \let\ttl@compatps\@empty % marks the ``old interface'' - \makeatletter - \edef\ttl@d{% - \noexpand\input{ttlps.def}% - \catcode`\noexpand\@=\the\catcode`\@}% - \ttl@d - \widenhead} - -% New pagestyles -% ~~~~~~~~~~~~~~ - -\@ifundefined{sectiontitle}{}{\input{ttlps.def}} - -% +-----------------+ -% | C O M P A T | -% +-----------------+ -% Easy setup, i.e., that of package options, is -% taken care of, if necessary. - -\renewcommand\secdef[2]{% - \@ifstar - {\ttl@labelfalse - #2} - {\ttl@labeltrue - \ifx#1\@chapter - \if@mainmatter\else\ttl@labelfalse\fi - \ifnum\ttll@chapter>\c@secnumdepth\ttl@labelfalse\fi - \else\ifx#1\@part - \ifnum\ttll@part>\c@secnumdepth\ttl@labelfalse\fi - \fi\fi - \let\ifttl@toclabel\ifttl@label - \@dblarg{#1}}} - -\@ifundefined{ttl@extract}{}{\endinput} - -\newcommand\titlelabel[1]{% - \def\@seccntformat##1{#1}} - -\expandafter\ifx\csname chapter\endcsname\relax - - \def\ttl@compatpart{\titleclass{\part}{part}\relax} - -\else - - \def\ttl@compatchapter{% - \def\@makechapterhead{% - \ttl@labeltrue - \if@mainmatter\else\ttl@labelfalse\fi - \ifnum\ttll@chapter>\c@secnumdepth\ttl@labelfalse\fi - \ttl@startargs\ttl@mkchap{chapter}}% - \def\@makeschapterhead{% - \ttl@labelfalse - \if@mainmatter\else\ttl@labelfalse\fi - \ifnum\ttll@chapter>\c@secnumdepth\ttl@labelfalse\fi - \ttl@startargs\ttl@mkchap{chapter}}} - - \def\ttl@compatpart{\titleclass{\part}{page}\relax} - -\fi - -\def\ttl@@extract#1\@startsection#2#3#4#5#6#7#8{% - \@tempskipa=#5 - \@tempskipb=#6 - \ifdim\@tempskipa<\z@ - \toks@{\titlespacing*#8{#4}}% - \@tempskipa-\@tempskipa - \else - \toks@{\titlespacing#8{#4}}% - \fi - \@ifundefined{ttl@space}{}{% - \ttl@assign\@tempskipa*\ttl@space\relax\beforetitleunit}% - \ifdim\@tempskipb<\z@ - \if@tempswa - \titleformat#8[runin]% - {\ttl@fonts\ttl@sizes{#3}}{\@seccntformat{#2}}% - {\z@}\ttl@passexplicit - \else - \titleformat#8[runin]% - {#7}{\@seccntformat{#2}}% - {\z@}\ttl@passexplicit - \fi - \@tempskipb-\@tempskipb - \else - \if@tempswa - \titleformat#8% - {\ttl@fil\ttl@fonts\ttl@sizes{#3}}{\@seccntformat{#2}}% - {\z@}\ttl@passexplicit - \else - \titleformat#8% - {#7}{\@seccntformat{#2}}% - {\z@}\ttl@passexplicit - \fi - \@ifundefined{ttl@space}{}{% - \ttl@assign\@tempskipb*\ttl@space\relax\aftertitleunit}% - \fi - \edef\ttl@a{\the\toks@{\the\@tempskipa}{\the\@tempskipb}} - \ttl@a} - -\def\ttl@extract#1{% - \expandafter\in@\expandafter\@startsection\expandafter{#1}% - \ifin@ - \expandafter\ttl@@extract#1#1% - \else - \PackageWarningNoLine{titlesec}% - {Non standard sectioning command detected\MessageBreak - Using default spacing and no format} - \titlespacing*#1{\z@}{*3}{*2}% - \fi} - -\@tempswafalse - -\ifx\ttl@fonts\@empty - \def\ttl@fonts{\bfseries} -\else - \@tempswatrue -\fi - -\expandafter\ifx\csname ttl@sizes\endcsname\relax - \gdef\ttl@sizes#1{\ifcase#1\relax\Huge\or\Large\or\large - \or\normalsize\or\or\or\huge\fi} -\else - \@tempswatrue -\fi - -\expandafter\ifx\csname ttl@fil\endcsname\relax - \let\ttl@fil\@empty -\else - \@tempswatrue -\fi - -\expandafter\ifx\csname ttl@case\endcsname\relax - \let\ttl@case\@firstofone -\else - \@tempswatrue -\fi - -\if@tempswa - - \expandafter\ifx\csname chapter\endcsname\relax\else - \titleformat\chapter[display]% - {\@ifundefined{ttl@fil}{\raggedright}{\ttl@fil}\ttl@fonts\ttl@sizes6} - {\@chapapp\space\thechapter}{.8\baselineskip}{\ttl@sizes\z@\ttl@passexplicit} - \fi - -\fi - -\ttl@extract\section -\ttl@extract\subsection -\ttl@extract\subsubsection -\ttl@extract\paragraph -\ttl@extract\subparagraph - -\let\ttl@extract\@undefined -\let\ttl@@extract\@undefined - -\def\ttl@toplevel{part} - -\expandafter\ifx\csname chapter\endcsname\relax - - \@namedef{ttll@part}{0} - \titleclass{\section}{straight}[\part] - - \titlespacing*{\part} - {\z@} - {4ex} - {3ex} - -\else - - \let\ttl@save@mkchap\@makechapterhead - \let\ttl@save@mkschap\@makeschapterhead - - \def\@makechapterhead#1{% - \gdef\ttl@savemark{\chaptermark{#1}}% - \ttl@save@mkchap{#1}% - \@ifundefined{ttl@ps@chapter}{}% - {\thispagestyle{\@nameuse{ttl@ps@chapter}}}} - - \def\@makeschapterhead#1{% - \gdef\ttl@savemark{\chaptermark{#1}}% - \ttl@save@mkschap{#1}% - \@ifundefined{ttl@ps@chapter}{}% - {\thispagestyle{\@nameuse{ttl@ps@chapter}}}} - - \@namedef{ttll@part}{-1} - \@namedef{ttlss@part}{chapter} - \@namedef{ttll@chapter}{0} - \titleclass{\section}{straight}[\chapter] - -% The following is unoperant, unless when \chapter / \part -% format is redefined - - \titlespacing*{\part} - {\z@} - {\z@\@plus1fil} - {\z@\@plus1fil} - - \titlespacing*\chapter - {\z@}% - {50\p@}% - {\ttl@chapafter}% - -\fi - -\titleclass{\subsection} {straight}[\section] -\titleclass{\subsubsection}{straight}[\subsection] -\titleclass{\paragraph} {straight}[\subsubsection] -\titleclass{\subparagraph} {straight}[\paragraph] - -\endinput diff --git a/docs/NARK/Resources/texmf-local/texmf-local/README.md b/docs/NARK/Resources/texmf-local/texmf-local/README.md deleted file mode 100755 index c57d0c09f..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/README.md +++ /dev/null @@ -1,19 +0,0 @@ -# texmf-local contains customizations of LaTeX - -If you use TeXLive on more than one system, or under more than one username, -it is useful to have a set of customizations that are shared across all your -identities and machines. - -This can be accomplished in a number of ways. - -The easiest is probably to install a file sync service like Dropbox that runs -automatically on all of the machines/users in question, and to have a master -version of texmf-local that lives in Dropbox. - -Then you have two options: - -1. On unix-based machines (Mac or Linux, say), you can replace the texmf-local - file on your machine with a symbolic link to the filepath in Dropbox -1. Windows does not allow symbolic links. So on Windows machines you will need - to modify the texmf.cnf configuration file so that it knows to look in the - right place (your Dropbox path) for the texmf-local config files diff --git a/docs/NARK/Resources/texmf-local/texmf-local/bibtex/bib/economics.bib b/docs/NARK/Resources/texmf-local/texmf-local/bibtex/bib/economics.bib deleted file mode 100755 index 42f4212de..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/bibtex/bib/economics.bib +++ /dev/null @@ -1,22357 +0,0 @@ -% Encoding: ISO-8859-1 - - - -,-------------------. -| PREAMBLE | -`-------------------' - -@preamble{ "\providecommand{\noopsort}[1]{} - \providecommand{\singleletter}[1]{#1} " -} - -,-------------------. -| BIBTEX ENTRIES | -`-------------------' - -@article{schmitt2003closing, - title={Closing small open economy models}, - author={Schmitt-Groh{\'e}, Stephanie and Uribe, Mart{\i}n}, - journal={Journal of international Economics}, - volume={61}, - number={1}, - pages={163--185}, - year={2003}, - publisher={Elsevier} -} - -@misc{maTodaRich, - title={A Theory of the Saving Rate of the Rich}, - author={Qingyin Ma and Alexis Akira Toda}, - year={2020}, - eprint={2005.02379}, - archivePrefix={arXiv}, - primaryClass={econ.TH} -} - -@book{hendricksBequests, - title = {Bequests and Retirement Wealth in the United States}, - author = {Hendricks, Lutz}, - journal = {Manuscript, University of Arizona}, - year = {2001}, - url = {https://lhendricks.org/Research/wps/bequdata_paper.pdf} -} - -@book{riehl2017category, - title={Category theory in context}, - author={Riehl, Emily}, - year={2017}, - publisher={Courier Dover Publications} -} - -@article{zwiebelLeisure, - author = {Zweibel, T.~Herman}, - url = {https://www.theonion.com/180-trillion-leisure-hours-lost-to-work-last-year-1819567706}, - title = {180 Trillion Leisure Hours Lost To Work Last Year}, - journal = {The Onion}, - volume = {41}, - issue = {5}, - year = {2005}, - note = {Available \href{https://www.theonion.com/180-trillion-leisure-hours-lost-to-work-last-year-1819567706}{here}}, - } - -https://lhendricks.org/econ821/wealth/wealth_bequ_sl.pdf - -@article{hendricksSmallBequests, - title = {Wealth Distribution and Bequests}, - author = {Lutz Hendricks}, - journal = {Lecture Notes, Economics 821, University of North Carolina}, - year = {2016}, - url = {https://lhendricks.org/econ821/wealth/wealth_bequ_sl.pdf} -} - -@article{brown2008don, - title={Why don't people insure late-life consumption? A framing explanation of the under-annuitization puzzle}, - author={Brown, Jeffrey R and Kling, Jeffrey R and Mullainathan, Sendhil and Wrobel, Marian V}, - journal={American Economic Review}, - volume={98}, - number={2}, - pages={304--09}, - year={2008} -} - -@article{pashchenko2013accounting, - title={Accounting for non-annuitization}, - author={Pashchenko, Svetlana}, - journal={Journal of Public Economics}, - volume={98}, - pages={53--67}, - year={2013}, - publisher={Elsevier} -} - -@article{bayer2019precautionary, - title={Precautionary savings, illiquid assets, and the aggregate consequences of shocks to household income risk}, - author={Bayer, Christian and L{\"u}tticke, Ralph and Pham-Dao, Lien and Tjaden, Volker}, - journal={Econometrica}, - volume={87}, - number={1}, - pages={255--290}, - year={2019}, - publisher={Wiley Online Library} -} - -@article{seater1997optimal, - title={An optimal control solution to the liquidity constraint problem}, - author={Seater, John J}, - journal={Economics Letters}, - volume={54}, - number={2}, - pages={127--134}, - year={1997}, - publisher={Elsevier} -} - -@misc{matthew_n_white_2017_1001068, - author = {Christopher D Carroll and Matthew N White and Team Econ-ARK}, - title = {econ-ark/HARK: 0.8.0}, - month = Oct, - year = 2017, - doi = {10.5281/zenodo.1001068}, - url = {https://doi.org/10.5281/zenodo.1001068}, - note = {Available at via doi:10.5281/zenodo.1001068 or at \url{https://doi.org/10.5281/zenodo.1001068}} -} - -@article{LiqConstr, -author = {Christopher D. Carroll and Martin B. Holm and Miles S. Kimball}, -title = {Liquidity Constraints and Precautionary Saving}, -journal= {Manuscript}, -year = {2020}, -url = {https://llorracc.github.io/LiqConstr}, -doi = {10.5281/zenodo.4073652} -} - -@article{mstIncFluct, - title={The income fluctuation problem and the evolution of wealth}, - author={Ma, Qingyin and Stachurski, John and Toda, Alexis Akira}, - journal={Journal of Economic Theory}, - volume={187}, - year={2020}, - publisher={Elsevier} -} - -@Article{StachurskiToda2019JET, - author = {Stachurski, John and Toda, Alexis Akira}, - title = {An Impossibility Theorem for Wealth in Heterogeneous-Agent Models with Limited Heterogeneity}, - journal = {Journal of Economic Theory}, - year = {2019}, - volume = {182}, - pages = {1-24}, - month = jul, - doi = {10.1016/j.jet.2019.04.001}, -} - -@Unpublished{MaTodaMPC, - author = {Ma, Qingyin and Toda, Alexis Akira}, - title = {Asymptotic Marginal Propensity to Consume}, - year = {2020}, - url = {https://arxiv.org/abs/2002.09108}, - note = {Manuscript, Australian National University} -} - -@Article{MaStachurskiToda2020JET, - author = {Ma, Qingyin and Stachurski, John and Toda, Alexis Akira}, - title = {The Income Fluctuation Problem and the Evolution of Wealth}, - journal = {Journal of Economic Theory}, - year = {2020}, - volume = {187}, - pages = {105003}, - month = may, - doi = {10.1016/j.jet.2020.105003}, -} - -@article{carroll_sticky_2020, - author = {Carroll, Christopher D. and Crawley, Edmund and - Slacalek, Jiri and Tokuoka, Kiichi and - White, Matthew N.}, - journal = {American {Economic} {Journal:} {Macroeconomics}}, - title = {Sticky {Expectations} and {Consumption} {Dynamics}}, - year = {2020}, - abstract = {Macroeconomic models often invoke consumption - “habits” to explain the substantial persistence - of aggregate consumption growth. But a large - literature has found no evidence of habits in - microeconomic datasets that measure the behavior of - individual households. We show that the apparent - conflict can be explained by a model in which - consumers have accurate knowledge of their personal - circumstances but ‘sticky expectations’ about the - macroeconomy. In our model, the persistence of - aggregate consumption growth reflects consumers’ - imperfect attention to aggregate shocks. Our proposed - degree of (macro) inattention has negligible utility - costs, because aggregate shocks constitute only a - tiny proportion of the uncertainty that consumers - face.}, - month = {July}, - pages = {40--76}, - volume = {12}, - number= {3}, - doi = {10.3386/w24377}, - url = {http://www.nber.org/papers/w24377}, -} - -% Update in /Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/economics.bib as well as here -@article{cAndCwithStickyE, - author = {Carroll, Christopher D. and Crawley, Edmund and - Slacalek, Jiri and Tokuoka, Kiichi and - White, Matthew N.}, - journal = {American {Economic} {Journal:} {Macroeconomics}}, - title = {Sticky {Expectations} and {Consumption} {Dynamics}}, - year = {2020}, - abstract = {Macroeconomic models often invoke consumption - “habits” to explain the substantial persistence - of aggregate consumption growth. But a large - literature has found no evidence of habits in - microeconomic datasets that measure the behavior of - individual households. We show that the apparent - conflict can be explained by a model in which - consumers have accurate knowledge of their personal - circumstances but ‘sticky expectations’ about the - macroeconomy. In our model, the persistence of - aggregate consumption growth reflects consumers’ - imperfect attention to aggregate shocks. Our proposed - degree of (macro) inattention has negligible utility - costs, because aggregate shocks constitute only a - tiny proportion of the uncertainty that consumers - face.}, - month = {July}, - pages = {40--76}, - volume = {12}, - number= {3}, - doi = {10.1257/mac.20180286}, - url = {https://llorracc.github.io/cAndCwithStickyE} - } - -@techreport{kmv_pandemics, - author = {Greg Kaplan and Benjamin Moll and - Giovanni L. Violante}, - institution = {Princeton University}, - type = {mimeo}, - title = {The Great Lockdown and the Big Stimulus: Tracing the Pandemic Possibility Frontier for the U.S.}, - year = {2020}, -} - -@Article{covidC_chase, - author={Natalie Cox and Peter Ganong and Pascal Noel and Joseph Vavra and Arlene Wong and Diana Farrell and Fiona Greig}, - title={Initial Impacts of the Pandemic on Consumer Behavior: Evidence from Linked Income, Spending, and Savings Data}, - journal={Brookings Papers on Economic Activity}, - year=2020, - note={forthcoming}, -} - - -@TechReport{chetty_covidC, -author = {Raj Chetty and John Friedman and Nathaniel Hendren and Michael Stepner and The~Opportunity~Insights~Team}, - title = {How Did COVID-19 and Stabilization Policies Affect Spending and Employment? A New Real-Time Economic Tracker Based on Private Sector Data}, - year = {2020}, - institution={Harvard University}, - type={working paper}, -} - - -@Article{hpv:cycleTrend, - author={Jonathan Heathcote and Fabrizio Perri and Giovanni L. Violante}, - title={The Rise of US Earnings Inequality: Does the Cycle Drive the Trend?}, - journal={Review of Economic Dynamics}, - year=2020, -note={forthcoming}, -} - - - -@techreport{coibion_stimulus, - title = "How Did U.S. Consumers Use Their Stimulus Payments?", - author = "Coibion, Olivier and Gorodnichenko, Yuriy and Weber, Michael", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "27693", - year = "2020", - month = "August", - doi = {10.3386/w27693}, - URL = "http://www.nber.org/papers/w27693", - abstract = {Using a large-scale survey of U.S. consumers, we study how the large one-time transfers to individuals from the CARES Act affected their consumption, saving and labor-supply decisions. Most respondents report that they primarily saved or paid down debts with their transfers, with only about 15 percent reporting that they mostly spent it. When providing a detailed breakdown of how they used their checks, individuals report having spent or planning to spend only around 40 percent of the total transfer on average. This relatively low rate of spending out of a one-time transfer is higher for those facing liquidity constraints, who are out of the labor force, who live in larger households, who are less educated and those who received smaller amounts. We find no meaningful effect on labor-supply decisions from these transfer payments, except for twenty percent of the unemployed who report that the stimulus payment made them search harder for a job.}, -} - - -@techreport{casado_stimulus, - title = "The Effect of Fiscal Stimulus: Evidence from COVID-19", - author = "Casado, Miguel Garza and Glennon, Britta and Lane, Julia and McQuown, David and Rich, Daniel and Weinberg, Bruce A", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "27576", - year = "2020", - month = "August", - doi = {10.3386/w27576}, - URL = "http://www.nber.org/papers/w27576", - abstract = {Policymakers, faced with different options for replacing lost earnings, have had limited evidence to inform their decisions. The current economic crisis has highlighted the need for data that are local and timely so that different fiscal policy options on local economies can be more immediately evaluated. This paper provides a framework for evaluating real-time effects of fiscal policy on local economic activity using two new sources of near real-time data. The first data source is administrative records that provide universal, weekly, information on unemployment claimants. The second data source is transaction level data on economic activity that are available on a daily basis. We use shift-share approaches, combined with these two data sources and the novel cross-county variation in the incidence of the COVID-19 supplement to Unemployment Insurance to estimate the local impact of unemployment, earnings replacement, and their interaction on economic activity. We find that higher replacement rates lead to significantly more consumer spending – even with increases in the unemployment rate – consistent with the goal of the fiscal stimulus. Our estimates suggest that, based on the latest data, eliminating the Federal Pandemic Unemployment Compensation (FPUC) supplement would lead to a 44% decline in local spending. If the FPUC supplement is reduced to $200, resulting in a reduction of the replacement rate by 44%, spending would fall by 28%. Even if the FPUC supplement is reduced to $400, the replacement rate would fall by 29% and spending would fall by 12%. Because these data are available in every state, the approach can be used to inform decision making not just in this current crisis, but also in future recessions.}, -} - - - -@article{garner_receipt, - Author = {Garner, Thesia I. and Safir, Adam and Schild, Jake}, - institution = "U.S. Bureau of Labor Statistics", - Title = {Receipt and use of stimulus payments in the time of the Covid-19 pandemic}, - Journal = {Beyond the Numbers: Prices and Spending}, - Volume = {9}, - Number = {10}, - Year = {2020}, - Month = {August}, - URL = {"https://www.bls.gov/opub/btn/volume-9/receipt-and-use-of-stimulus-payments-in-the-time-of-the-covid-19-pandemic.htm"}, -} -n@article{wachter_scarring, -Author = {Oreopoulos, Philip and {von Wachter}, Till and Heisz, Andrew}, -Title = {The Short- and Long-Term Career Effects of Graduating in a Recession}, -Journal = {American Economic Journal: Applied Economics}, -Volume = {4}, -Number = {1}, -Year = {2012}, -Month = {January}, -Pages = {1--29}, -} - -@article{yagan_hysteresis, - author = {Yagan, Danny}, - title = {Employment Hysteresis from the Great Recession}, - journal = {Journal of Political Economy}, - volume = {127}, - number = {5}, - pages = {2505--2558}, - year = {2019}, -} - -@inproceedings{carroll_et_al-proc-scipy-2018, - author = {Christopher D. Carroll and - Alexander M. Kaufman and - Jacqueline L. Kazil and Nathan M. Palmer and - Matthew N. White}, - booktitle = {{P}roceedings of the 17th {P}ython in {S}cience - {C}onference}, - editor = {{F}atih {A}kici and {D}avid {L}ippa and - {D}illon {N}iederhut and {M} {P}acer}, - note = {doi: - \href{https://doi.org/10.5281/zenodo.1001067}{10.5281/zenodo.1001067}}, - pages = {25 - 30}, - title = {{T}he {E}con-{A}{R}{K} and {H}{A}{R}{K}: {O}pen - {S}ource {T}ools for {C}omputational {E}conomics}, - year = {2018}, - doi = {10.25080/Majora-4af1f417-004}, -} - - -@article{kmpHandbook, - author = {Krueger, Dirk and Mitman, Kurt and Perri, Fabrizio}, - journal = {Handbook of Macroeconomics}, - pages = {843--921}, - publisher = {Elsevier}, - title = {Macroeconomics and Household Heterogeneity}, - volume = {2}, - year = {2016}, - abstract = {The goal of this chapter is to study how, and by how - much, household income, wealth, and preference - heterogeneity amplify and propagate a macroeconomic - shock. We focus on the U.S. Great Recession of - 2007-2009 and proceed in two steps. First, using data - from the Panel Study of Income Dynamics, we document - the patterns of household income, consumption and - wealth inequality before and during the Great - Recession. We then investigate how households in - different segments of the wealth distribution were - affected by income declines, and how they changed - their expenditures differentially during the - aggregate downturn. Motivated by this evidence, we - study several variants of a standard heterogeneous - household model with aggregate shocks and an - endogenous cross-sectional wealth distribution. Our - key finding is that wealth inequality can - significantly amplify the impact of an aggregate - shock, and it does so if the distribution features a - sufficiently large fraction of households with very - little net worth that sharply increase their saving - (i.e. they are not hand-to mouth) as the recession - hits. We document that both these features are - observed in the PSID. We also investigate the role - that social insurance policies, such as unemployment - insurance, play in shaping the cross-sectional income - and wealth distribution, and through it, the dynamics - of business cycles.}, - doi = {10.3386/w22319}, - url = {http://www.nber.org/papers/w22319}, -} - -@article{hrsHabit, - author = {Havranek, Tomas and Rusnak, Marek and Sokolova, Anna}, - journal = {European Economic Review}, - pages = {142--167}, - publisher = {Elsevier}, - title = {Habit formation in consumption: A meta-analysis}, - volume = {95}, - year = {2017}, - doi = {10.1016/j.euroecorev.2017.03.009}, - url = {https://doi.org/10.1016/j.euroecorev.2017.03.009}, -} - -@techreport{SpanishSpending, - author = {Carvalho, V.M and J.R. Garcia and S. Hansen and - A. Ortiz and T. Rodrigo and J.V. Mora Rodriguez and - J. Ruiz}, - institution = {Cambridge University}, - journal = {Cambridge Working Papers in Economics CWPE2030)}, - title = {Tracking the COVID-19 Crisis with High-Resolution - Transaction Data}, - year = {2020}, -} - -@article{denmark_pandemics, - author = {Asger Lau Andersen and Emil Toft Hansen and - Niels Johannesen and Adam Sheridan}, - journal = {Covid Economics}, - pages = {88--111}, - title = {Consumer Responses to the COVID-19 Crisis: Evidence - from Bank Account Transaction Data}, - volume = {7}, - year = {2020}, -} - -@techreport{krugman_corona, - author = {Paul Krugman}, - institution = {City University of New York}, - type = {mimeo}, - title = {Notes on Coronacoma Economics}, - year = {2020}, -} - -@techreport{hkpMemory, - author = {Hai, Rong and Krueger, Dirk and Postlewaite, Andrew}, - institution = {National Bureau of Economic Research}, - number = {19386}, - type = {working paper}, - title = {On the Welfare Cost of Consumption Fluctuations in - the Presence of Memorable Goods}, - year = {2013}, -} - -@techreport{ert_covid, - author = {Eichenbaum, Martin S. and Rebelo, Sergio and - Trabandt, Mathias}, - institution = {National Bureau of Economic Research}, - number = {26882}, - type = {working paper}, - title = {The Macroeconomics of Epidemics}, - year = {2020}, -} - -@techreport{aal_covid, - author = {Fernando Alvarez and David Argente and - Francesco Lippi}, - institution = {University of Chicago}, - number = {34}, - type = {BFI working paper}, - title = {A Simple Planning Problem for {COVID}-19 Lockdown}, - year = {2020}, -} - -@techreport{covidMacroImpl, - author = {Guerrieri, Veronica and Lorenzoni, Guido and - Straub, Ludwig and Werning, Ivan}, - institution = {National Bureau of Economic Research}, - number = {26918}, - type = {working paper}, - title = {Macroeconomic Implications of {COVID}-19: Can - Negative Supply Shocks Cause Demand Shortages?}, - year = {2020}, -} - -@article{healthWealth, - author = {Andrew Glover and Jonathan Heathcote and Dirk Krueger and - Jos{\'e}-V{\'\i}ctor R{\'\i}os-Rull}, - journal = {Covid Economics}, - pages = {22--64}, - title = {Health versus Wealth: On the Distributional Effects - of Controlling a Pandemic}, - volume = {6}, - year = {2020}, -} - -@article{faria_FPpandemic, - author = {Miguel {Faria-e-Castro}}, - journal = {Covid Economics}, - pages = {67--101}, - title = {Fiscal Policy during a Pandemic}, - volume = {2}, - year = {2020}, -} - -@techreport{bayer_corona, - author = {Christian Bayer and Benjamin Born and Ralph Luetticke and - Gernot J. M\"{u}ller}, - institution = {CEPR}, - number = {14600}, - type = {discussion paper}, - title = {The Coronavirus Stimulus Package: How Large Is the - Transfer Multiplier?}, - year = {2020}, -} - -@techreport{baker_Cpandemic, - author = {Baker, Scott R. and Farrokhnia, R. A. and - Meyer, Steffen and Pagel, Michaela and - Yannelis, Constantine}, - institution = {National Bureau of Economic Research}, - number = {26949}, - type = {working paper}, - title = {How Does Household Spending Respond to an Epidemic? - Consumption During the 2020 COVID-19 Pandemic}, - year = {2020}, -} - -@article{jorda_pandemics, - author = {Jorda, Oscar and Singh, Sanjay R. and - Taylor, Alan M.}, - journal = {Covid Economics}, - pages = {1--15}, - title = {Longer-run Economic Consequences of Pandemics}, - volume = {1}, - year = {2020}, -} - -@techreport{verner_pandemics, - author = {Sergio Correia and Stephan Luck and Emil Verner}, - institution = {MIT Sloan}, - type = {mimeo}, - title = {Pandemics Depress the Economy, Public Health - Interventions Do Not: Evidence from the 1918 Flu}, - year = {2020}, -} - -@article{cstwMPC, - author = {Christopher D. Carroll and Jiri Slacalek and - Kiichi Tokuoka and Matthew N. White}, - journal = {Quantitative Economics}, - month = {November}, - note = {At - \url{http://econ.jhu.edu/people/ccarroll/papers/cstwMPC}}, - pages = {977-1020}, - title = {The Distribution of Wealth and the Marginal - Propensity to Consume}, - volume = {8}, - year = {2017}, - doi = {10.3982/QE694}, - url = {http://onlinelibrary.wiley.com/doi/10.3982/QE694/pdf}, -} - -@techreport{JPMorganBlog2020, - author = {JPMorgan}, - institution = {JPMorgan}, - month = {March}, - type = {Blog post}, - title = {Fallout from COVID-19: Global Recession, Zero - Interest Rates and Emergency Policy Actions}, - year = {2020}, - url = {https://www.jpmorgan.com/global/research/fallout-from- - covid19}, -} - -@techreport{Bloomberg1, - author = {Bloomberg}, - institution = {Bloomberg}, - month = {March}, - type = {Press article}, - title = {Mnuchin Warns Virus Could Yield 20\% Jobless Rate - Without Action}, - year = {2020}, - url = {https://www.bloomberg.com/news/articles/2020-03-17/mnuchin- - warns-virus-could-yield-20-jobless-rate-without-action- - k7wheob8}, -} - -@techreport{Bloomberg2, - author = {Bloomberg}, - institution = {Bloomberg}, - month = {March}, - type = {Press article}, - title = {U.S. Jobless Rate May Soar to 30\%, Fed's Bullard - Says}, - year = {2020}, - url = {https://www.bloomberg.com/news/articles/2020-03-22/fed-s- - bullard-says-u-s-jobless-rate-may-soar-to-30-in-2q}, -} - -@techreport{FariaBlog2020, - author = {{Faria-e-Castro}, Miguel}, - institution = {Federal Reserve Bank, St. Louis}, - month = {March}, - type = {Blog post}, - title = {Back-of-the-Envelope Estimates of Next Quarter's - Unemployment Rate}, - year = {2020}, - url = {https://www.stlouisfed.org/on-the-economy/2020/march/back- - envelope-estimates-next-quarters-unemployment-rate}, -} - -@techreport{BickBlandin2020, - author = {Alexander Bick and Adam Blandin}, - institution = {Arizona State University}, - month = {April}, - type = {Working paper}, - title = {Real Time Labor Market Estimates During the 2020 - Coronavirus Outbreak}, - year = {2020}, - url = {https://alexbick.weebly.com/uploads/1/0/1/3/101306056/ - bb_covid.pdf}, -} - -@techreport{GasconCOVID2020, - author = {Gascon, Charles}, - institution = {Federal Reserve Bank, St. Louis}, - month = {March}, - type = {Blog post}, - title = {COVID-19: Which Workers Face the Highest Unemployment - Risk?}, - year = {2020}, - url = {https://www.stlouisfed.org/on-the-economy/2020/march/covid- - 19-workers-highest-unemployment-risk}, -} - -@techreport{LeiboviciSocial2020, - author = {Leibovici, Fernando and Santacreu, Ana Maria}, - institution = {Federal Reserve Bank, St. Louis}, - month = {March}, - type = {Blog post}, - title = {Social Distancing and Contact-Intensive Occupations}, - year = {2020}, - url = {https://www.stlouisfed.org/on-the-economy/2020/march/social- - distancing-contact-intensive-occupations}, -} - -@techreport{covid_USsurvey, - author = {Abi {Adams-Prassl} and Teodora Boneva and Marta Golin and - Christopher Rauh}, - institution = {Oxford University}, - type = {mimeo}, - title = {Inequality in the Impact of the Coronavirus Shock: - New Survey Evidence for the US}, - year = {2020}, -} - -@article{cyranoski_we_2020, - author = {Cyranoski, David}, - journal = {Nature}, - month = mar, - title = {`{We} need to be alert': {Scientists} fear second - coronavirus wave as {China}'s lockdowns ease}, - year = {2020}, - abstract = {Other countries on lockdown will be watching for a - resurgence of infections in Hubei province now that - travel restrictions are lifting.}, - doi = {10.1038/d41586-020-00938-0}, - language = {en}, - url = {https://www.nature.com/articles/d41586-020-00938-0}, -} - -@techreport{SwagelCBO2020, - author = {Swagel, Phill}, - institution = {Congressional Budget Office}, - month = {April}, - type = {Blog post}, - title = {Updating CBO's Economic Forecast to Account for the - Pandemic}, - year = {2020}, - url = {https://www.cbo.gov/publication/56314}, -} - -@article{carroll_sticky_2020, - author = {Carroll, Christopher D. and Crawley, Edmund and - Slacalek, Jiri and Tokuoka, Kiichi and - White, Matthew N.}, - journal = {American {Economic} {Journal:} {Macroeconomics}}, - title = {Sticky {Expectations} and {Consumption} {Dynamics}}, - volume = {Forthcoming}, - year = {2020}, - abstract = {Macroeconomic models often invoke consumption - “habits” to explain the substantial persistence - of aggregate consumption growth. But a large - literature has found no evidence of habits in - microeconomic datasets that measure the behavior of - individual households. We show that the apparent - conflict can be explained by a model in which - consumers have accurate knowledge of their personal - circumstances but ‘sticky expectations’ about the - macroeconomy. In our model, the persistence of - aggregate consumption growth reflects consumers’ - imperfect attention to aggregate shocks. Our proposed - degree of (macro) inattention has negligible utility - costs, because aggregate shocks constitute only a - tiny proportion of the uncertainty that consumers - face.}, - doi = {10.3386/w24377}, - url = {http://www.nber.org/papers/w24377}, -} - -@article{psjmMPC2008, - author = {Parker, Jonathan A and Souleles, Nicholas S and - Johnson, David S and McClelland, Robert}, - journal = {The American Economic Review}, - month = {October}, - number = {6}, - pages = {2530--2553}, - publisher = {American Economic Association}, - title = {Consumer spending and the economic stimulus payments - of 2008}, - volume = {103}, - year = {2013}, -} - -@article{brodaParker, - author = {Broda, Christian and Parker, Jonathan A.}, - journal = {Journal of Monetary Economics}, - number = {S}, - pages = {20--36}, - title = {The Economic Stimulus Payments of 2008 and the - Aggregate Demand for Consumption}, - volume = {68}, - year = {2014}, -} - -@article{parker25million, - author = {Jonathan A. Parker}, - journal = {American Economic Journal: Macroeconomics}, - month = {October}, - number = {9}, - pages = {153--183}, - title = {Why Don't Households Smooth Consumption? Evidence - from a \$25 Million Experiment}, - volume = {4}, - year = {2017}, -} - -@techreport{fhnMPC, - author = {Andreas Fagereng and Martin B. Holm and - Gisle J. Natvik}, - institution = {Statistics Norway}, - type = {discussion paper}, - title = {MPC Heterogeneity and Household Balance Sheets}, - volume = {852}, - year = {2017}, -} - -@misc{nyFedCoronaBlog, - author = {Olivier Armantier and Gizem Kosar and - Rachel Pomerantz and Daphne Skandalis and Kyle Smith and - Giorgio Topa and Wilbert {van der Klaauw}}, - howpublished = - {\href{https://libertystreeteconomics.newyorkfed.org/2020/04/coronavirus-outbreak-sends-consumer-expectations-plummeting.html}{URL - link retrieved on 04/07/2020 \texttt{here}.}}, - journal = {Liberty Street Economics}, - number = {April 6}, - type = {Blog}, - title = {Coronavirus Outbreak Sends Consumer Expectations - Plummeting}, - year = {2020}, -} - -@incollection{BrownLiebmanPollet, - author = {Jeffrey Brown and Jeffrey B. Liebman and - Joshua Pollett}, - booktitle = {The Distributional Aspects of Social Security and - Social Security Reform}, - editor = {Martin Feldstein and Jeffrey B. Liebman}, - pages = {447--457}, - publisher = {University of Chicago Press}, - title = {Estimating Life Tables That Reflect Socioeconomic - Differences in Mortality}, - year = {2002}, -} - -@article{SabelhausSong, - author = {John Sabelhaus and Jae Song}, - journal = {Journal of Monetary Economics}, - number = {4}, - pages = {391--403}, - title = {The Great Moderation in Micro Labor Earnings}, - volume = {57}, - year = {2010}, -} - -@article{Cagetti, - author = {Marco Cagetti}, - journal = {Journal of Business and Economic Statistics}, - number = {3}, - pages = {339--353}, - title = {Wealth Accumulation Over the Life Cycle and - Precautionary Savings}, - volume = {21}, - year = {2003}, -} - -@article{carroll_EGM, - author = {Christopher D. Carroll}, - journal = {Economics Letters}, - number = {3}, - pages = {312--320}, - title = {The Method of Endogenous Gridpoints for Solving - Dynamic Stochastic Optimization Problems}, - volume = {91}, - year = {2006}, -} - - - -@Article{covidC_chase, - author={Natalie Cox and Peter Ganong and Pascal Noel and Joseph Vavra and Arlene Wong and Diana Farrell and Fiona Greig}, - title={Initial Impacts of the Pandemic on Consumer Behavior: Evidence from Linked Income, Spending, and Savings Data}, - journal={Brookings Papers on Economic Activity}, - year=2020, - note={forthcoming}, -} - - -@TechReport{chetty_covidC, -author = {Raj Chetty and John Friedman and Nathaniel Hendren and Michael Stepner and The Opportunity Insights Team}, - title = {How Did COVID-19 and Stabilization Policies Affect Spending and Employment? A New Real-Time Economic Tracker Based on Private Sector Data}, - year = {2020}, - institution={Harvard University}, - type={working paper}, -} - -@Article{hpv:cycleTrend, - author={Jonathan Heathcote and Fabrizio Perri and Giovanni L. Violante}, - title={The Rise of US Earnings Inequality: Does the Cycle Drive the Trend?}, - journal={Review of Economic Dynamics}, - year=2020, -note={forthcoming}, -} - - -@article{barroDoubleCounting, - title = {Double-Counting of Investment}, - author = {Robert J. Barro}, - year = {2019}, - month = {September}, - journal = {Manuscript, Harvard University}, - note = {Presentation at Johns Hopkins University macroeconomics seminar}, - url = {https://www.econ2.jhu.edu/seminars/Fall2019/Double-countingpaper.pdf} -} - -@misc{DiamondOLGDemARK, - author = {Econ-ARK}, - title = {\href{https://github.com/econ-ark/DemARK/blob/master/notebooks/DiamondOLG.ipynb}{DiamondOLG}}, - url = {https://github.com/econ-ark/DemARK/blob/master/notebooks/DiamondOLG}, -} - - -@ARTICLE{solowTheory, -title = {\href{https://www.elgaronline.com/view/journals/roke/6-4/roke.2018.04.02.xml}{A theory is a sometime thing}}, -author = {Solow, Robert}, -year = {2018}, -journal = {Review of Keynesian Economics}, -volume = {6}, -number = {4}, -pages = {421-424}, -url = {https://EconPapers.repec.org/RePEc:elg:rokejn:v:6:y:2018:i:4:p421-424} -} - -@Preamble{ "\providecommand{\noopsort}[1]{} " -# "\providecommand{\singleletter}[1]{#1} " } - -@article{cctwMoM, - author = {Carroll, Christopher D. and Karsten Chipeniuk and Kiichi Tokuoka and Weifeng Wu}, - title = {The Method of Moderation}, - journal = {Manuscript, Johns Hopkins University}, - year = 2020, - url = {http://econ.jhu.edu/people/ccarroll/cctwMoM} -} - -@Book{bellmanDynamicProgramming, - author = "Bellman, Richard", - title = "Dynamic Programming", - publisher = "Princeton University Press", - year = "1957", - address = "Princeton, NJ, USA", - edition = "1", - bib2html_rescat = "General RL", -} - - -@ARTICLE{chkLiqConstr, - author = {Carroll, Christopher D. and Martin Holm and Miles S. Kimball}, - title = {Liquidity Constraints and Precautionary Saving}, - journal = {\href{https://www.econ2.jhu.edu/people/ccarroll/papers/LiqConstr}{Manuscript, Johns Hopkins University}}, - year = 2019, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/LiqConstr}}, - url = {http://econ.jhu.edu/people/ccarroll/papers/LiqConstr} -} - - -@article{guerrieri2017credit, - title={Credit crises, precautionary savings, and the liquidity trap}, - author={Guerrieri, Veronica and Lorenzoni, Guido}, - journal={The Quarterly Journal of Economics}, - volume={132}, - number={3}, - pages={1427--1467}, - year={2017}, - publisher={Oxford University Press} -} - -@article{glLiq, - author = {Guerrieri, Veronica and Lorenzoni, Guido}, - journal = {The Quarterly Journal of Economics}, - number = {3}, - pages = {1427--1467}, - publisher = {Oxford University Press}, - title = {Credit crises, precautionary savings, and the - liquidity trap}, - volume = {132}, - year = {2017}, -} - -@article{blPrecautionary, - title={Precautionary savings, illiquid assets, and the aggregate consequences of shocks to household income risk}, - author={Bayer, Christian and L{\"u}tticke, Ralph and Pham-Dao, Lien and Tjaden, Volker}, - journal={Econometrica}, - volume={87}, - number={1}, - pages={255--290}, - year={2019}, - publisher={Wiley Online Library} -} - -@article{khanMacroPru, - author = {Shujaat Khan}, - title = {Macroprudential Policies in a Heterogeneous Agent Model of Housing Default}, - journal = {Department of Economics, Johns Hopkins University}, - year = {2019}, - url = {https://pdfs.semanticscholar.org/8e9d/dfe7c204bbfa8a23f42f4931461fb467fc08.pdf?_ga=2.95712860.1156899890.1563925023-1991616136.1563925023} -} - -@article{SSinHANK, - title = {Monetary Policy Transmission with Many Agents}, - author = {Crawley, Edmund and Seungcheol Lee}, - journal = {Manuscript, Johns Hopkins University}, - year = {2019}, - month = {March}, -} - -@article{blSolving, - title = {Solving Heterogeneous Agent Models In Discrete Time With Many Idiosyncratic States By Perturbation Methods}, - author = {Christian Bayer and Ralph Luetticke}, - journal = {Centre for Economic Policy Research}, - volume = {Discussion Paper 13071}, - year = 2018 -} - -@article{carrollHeteroAndMacro, - title = {Heterogeneity and Macro Modeling In Policymaking Institutions}, - year = {2019}, - journal = {Presentation to the Heads of Research of the European Central Banks}, - url = {https://mybinder.org/v2/gh/econ-ark/PARK/master?filepath=Hetero-And-Macro/Hetero-And-Macro.ipynb} -} - -@article{auclertMonetary, - title={Monetary policy and the redistribution channel}, - author={Auclert, Adrien}, - journal={American Economic Review}, - volume={109}, - number={6}, - pages={2333--67}, - year={2019} -} - -@article{ccarrollHeteroAndMacro, - author = {Carroll, Christopher}, - title = {Heterogeneity and Macro Modeling In Policymaking Institutions}, - journal = {Presentation to the Heads of Research of the European Central Banks}, - year = 2019 -} - -@article{klRiskPremia, - author = {Rohan Kekre and Moritz Lenel}, - title = {Redistribution, risk premia, and the macroeconomy}, - journal = {Slides Presented at NBER `Micro to Macro' Working Group}, - year = 2019 -} - -@article{wolfGEInvariance, - author = {Wolf, Christian}, - title = {The Missing Intercept: A Sufficient Statistics Approach to General Equilibrium Effects}, - journal = {Slides Presented at NBER `Micro to Macro' Working Group}, - year = 2019 -} - -@article{CrawleyMonPolicywithHeterogeneity, - author = {Crawley, Edmund}, - title = {Intro to Monetary Policy with Heterogeneity}, - journal = {Slides Presented at JHU ``Computational Methods in Economics''}, - year = 2019 -} - - -@book{beckenbach1983inequalities, -volume = {30}, -publisher = {Springer}, -year = {1983}, -edition = {reprint}, -title = {Inequalities}, -author = {Beckenbach, Edwin F and Bellman, Richard} -} - -@article{druedahl2018precautionary, - title={Precautionary borrowing and the credit card debt puzzle}, - author={Druedahl, Jeppe and J{\o}rgensen, Casper Nordal}, - journal={Quantitative Economics}, - volume={9}, - number={2}, - pages={785--823}, - year={2018}, - publisher={Wiley Online Library} -} - -@article{park2006analytical, - title={An analytical solution to the inverse consumption function with liquidity constraints}, - author={Park, Myung-Ho}, - journal={Economics Letters}, - volume={92}, - number={3}, - pages={389--394}, - year={2006}, - publisher={Elsevier} -} - -@article{nishiyama2012concavity, - title={On the Concavity of the Consumption Function with a Quadratic Utility under Liquidity Constraints}, - author={Nishiyama, Shin-Ichi and Kato, Ryo}, - journal={Theoretical Economics Letters}, - volume={2}, - number={05}, - pages={566}, - year={2012}, - publisher={Scientific Research Publishing} -} - -@article{holm2018consumption, - title={Consumption with liquidity constraints: An analytical characterization}, - author={Holm, Martin Blomhoff}, - journal={Economics Letters}, - volume={167}, - pages={40--42}, - year={2018}, - publisher={Elsevier} -} - - -@article{lee2007degree, - title={The degree of precautionary saving: A reexamination}, - author={Lee, Jeong-Joon and Sawada, Yasuyuki}, - journal={Economics Letters}, - volume={96}, - number={2}, - pages={196--201}, - year={2007}, - publisher={Elsevier} -} - -@article{lee2010precautionary, - title={Precautionary saving under liquidity constraints: Evidence from rural Pakistan}, - author={Lee, Jeong-Joon and Sawada, Yasuyuki}, - journal={Journal of Development Economics}, - volume={91}, - number={1}, - pages={77--86}, - year={2010}, - publisher={Elsevier} -} - - -@article{fulford2015important, - title={How important is variability in consumer credit limits?}, - author={Fulford, Scott L}, - journal={Journal of Monetary Economics}, - volume={72}, - pages={42--63}, - year={2015}, - publisher={Elsevier} -} - - - -@article{kmvHANK, - author = {Kaplan, Greg and Moll, Benjamin and - Violante, Giovanni L.}, - journal = {American Economic Review}, - month = {March}, - number = {3}, - pages = {697--743}, - title = {Monetary Policy According to HANK}, - volume = {108}, - year = {2018}, - abstract = {We revisit the transmission mechanism of monetary policy for household consumption in a Heterogeneous Agent New Keynesian (HANK) model. The model yields empirically realistic distributions of household wealth and marginal propensities to consume because of two key features: multiple assets with different degrees of liquidity and an idiosyncratic income process with leptokurtic income changes. In this environment, the indirect effects of an unexpected cut in interest rates, which operate through a general equilibrium increase in labor demand, far outweigh direct effects such as intertemporal substitution. This finding is in stark contrast to small- and medium-scale Representative Agent New Keynesian (RANK) economies, where intertemporal substitution drives virtually all of the transmission from interest rates to consumption.}, -} - - -@techreport{fuhrerIntrinsicPersistence, - author = {Fuhrer, Jeffrey C.}, - institution = {Federal Reserve Bank of Boston}, - month = may, - number = {18-9}, - type = {working paper}, - title = {Intrinsic Expectations Persistence: Evidence from - Professional and Household Survey Expectations}, - year = {2018}, -} - - -@techreport{kuengTaxnews, - author = {Lorenz Kueng}, - type = {working paper}, - title = {Tax News: Identifying the Household Consumption - Response to Tax Expectations Using Municipal Bond - Prices}, - institution = {Northwestern University}, - year = {2012}, - url = {http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.646.4710}, -} - - -@article{kvwWealthyH2m, - author = {Kaplan, Greg and Violante, Gianluca and Weidner, Justin}, - journal = {Brookings Papers on Economic Activity}, - pages = {77--138}, - title = {The Wealthy Hand-to-Mouth}, - volume = {Spring}, - year = {2014}, - abstract = {The wealthy hand-to-mouth are households who hold - little or no liquid wealth (e.g. cash, checking, and - saving accounts), despite owning sizable amounts of - illiquid assets (i.e., assets that carry a - transaction cost, such as housing, large durables, or - retirement accounts). This portfolio configuration - implies that these households have large marginal - propensities to consume out of small income changes - –a key determinant of the macroeconomic - effects of fiscal policy. The wealthy hand-to-mouth, - therefore, behave in many respects like households - with little or no net worth, yet they escape standard - definitions (and empirical measurements) of - hand-to-mouth agents based on net worth. We use - survey data on household portfolios for the U.S., - Canada, Australia, the U.K., Germany, France, Italy, - and Spain to document the share of such households - across countries, their demographic characteristics, - the composition of their balance sheet, and the - persistence of hand-to-mouth status over the life - cycle. Finally, we discuss the implications of this - group of consumers for macroeconomic modelling and - policy analysis.}, -} - -@techreport{arsInvestmentInattention, - author = {Adrien Auclert and Matthew Rognlie and Ludwig Straub}, - institution = {Stanford University}, - type = {mimeo}, - title = {Investment, Heterogeneity, and Inattention}, - year = {2019}, -} - -@article{ktvHousingWealthEffect, - title={The Housing Wealth Effect: Quasi-Experimental Evidence}, - author={Kessel, Dany and Tyrefors, Bj{\"o}rn and Vestman, Roine}, - journal={Available at SSRN}, - year={2019} -} - -@article{pjInfo, - title={Information sharing in credit markets}, - author={Pagano, Marco and Jappelli, Tullio}, - journal={The Journal of Finance}, - volume={48}, - number={5}, - pages={1693--1718}, - year={1993}, - publisher={Wiley Online Library} -} - -@article{sims_beyondLQ, - author = {Christopher A. Sims}, - journal = {American Economic Review}, - month = {May}, - number = {2}, - pages = {158--163}, - title = {Rational Inattention: Beyond the Linear--Quadratic - Case}, - volume = {96}, - year = {2006}, -} - -@article{tutino_RIconsumption, - author = {Antonella Tutino}, - journal = {Review of Economic Dynamics}, - month = {July}, - number = {3}, - pages = {421--439}, - title = {Rationally Inattentive Consumption Choices}, - volume = {16}, - year = {2013}, -} - -@article{opLiquidH2M, - author = {Olafsson, Arna and Pagel, Michaela}, - journal = {The Review of Financial Studies}, - number = {11}, - pages = {4398--4446}, - title = {The Liquid Hand-to-Mouth: Evidence from Personal - Finance Management Software}, - volume = {31}, - year = {2018}, -} - -@article{dornbuschOvershooting, -author = {Dornbusch, Rudiger}, -title = {Expectations and Exchange Rate Dynamics}, -journal = {Journal of Political Economy}, -volume = {84}, -number = {6}, -pages = {1161-1176}, -year = {1976}, -doi = {10.1086/260506}, -URL = { https://doi.org/10.1086/260506}, -eprint = {https://doi.org/10.1086/260506}, -abstract = { The paper develops a theory of exchange rate movements under perfect capital mobility, a slow adjustment of goods markets relative to asset markets, and consistent expectations. The perfect foresight path is derived and it is shown that along that along that path a monetary expansion causes the exchange rate to depreciate. An initial overshooting of exchange rates is shown to derive from differential adjustment speed of markets. The magnitude and persistence of the overshooting is developed in terms of the structural parameters of the model. To the extent that output responds to a monetary expansion in the short run, this acts a a dampening effect on exchange depreciation and may, in fact, lead to an increase in interest rates. } -} - -@article{bmpMITshocks, - author = {Boppart, Timo and Krusell, Per and Mitman, Kurt}, - journal = {Journal of Economic Dynamics and Control}, - number = {C}, - pages = {68--92}, - title = {Exploiting MIT Shocks in Heterogeneous-Agent - Economies: The Impulse Response as a Numerical - Derivative}, - volume = {89}, - year = {2018}, -} - -@article{cochrane_nearRational, - author = {Cochrane, John H}, - journal = {American Economic Review}, - month = {June}, - number = {3}, - pages = {319--337}, - title = {The Sensitivity of Tests of the Intertemporal - Allocation of Consumption to Near-Rational - Alternatives}, - volume = {79}, - year = {1989}, -} - -@article{reis:inattentive, - author = {Reis, Ricardo}, - journal = {Journal of Monetary Economics}, - number = {8}, - pages = {1761--1800}, - publisher = {Elsevier}, - title = {Inattentive Consumers}, - volume = {53}, - year = {2006}, -} - -@article{mw09:RI, - author = {Ma\'{c}kowiak, Bartosz and Mirko Wiederholt}, - journal = {American Economic Review}, - month = {June}, - number = {3}, - pages = {769-803}, - title = {{Optimal Sticky Prices under Rational Inattention}}, - volume = {99}, - year = {2009}, - abstract = {This paper presents a model in which price setting - firms decide what to pay attention to, subject to a - constraint on information flow. When idiosyncratic - conditions are more variable or more important than - aggregate conditions, firms pay more attention to - idiosyncratic conditions than to aggregate - conditions. When we calibrate the model to match the - large average absolute size of price changes observed - in micro data, prices react fast and by large amounts - to idiosyncratic shocks, but only slowly and by small - amounts to nominal shocks. Nominal shocks have strong - and persistent real effects. (JEL D21, D83, E31, - E52)}, - doi = {}, - url = {https://ideas.repec.org/a/aea/aecrev/v99y2009i3p769- - 803.html}, -} - -@article{LuoRinGE, - author = {Yulei Luo and Jun Nie and Gaowang Wang and - Eric R. Young}, - journal = {Journal of Economic Theory}, - volume = {172}, - pages = {55--87}, - title = {Rational Inattention and the Dynamics of Consumption - and Wealth in General Equilibrium}, - year = {2017}, -} - -@article{luo:inatC, - author = {Yulei Luo}, - journal = {Review of Economic Dynamics}, - number = {2}, - pages = {366--385}, - title = {Consumption Dynamics under Information Processing - Constraints}, - volume = {11}, - year = {2008}, -} - -@article{ludvigson&michaelides:excesses, - author = {Ludvigson, Sydney and Alexander Michaelides}, - journal = {American Economic Review}, - month = {June}, - number = {3}, - pages = {631--647}, - title = {Does Buffer Stock Saving Explain the Smoothness and - Excess Sensitivity of Consumption?}, - volume = {91}, - year = {2001}, -} - -@article{bppInequality, - author = {Blundell, Richard and Pistaferri, Luigi and - Preston, Ian}, - journal = {American Economic Review}, - month = {December}, - number = {5}, - pages = {1887--1921}, - title = {Consumption Inequality and Partial Insurance}, - volume = {98}, - year = {2008}, -} - - -@techreport{aydinCresponse, - author = {Deniz Ayd{\i}n}, - institution = {Washington University, St.\ Louis}, - type = {mimeo}, - title = {Consumption Response to Credit Expansions: Evidence - from Experimental Assignment of 45,307 Credit Lines}, - year = {2018}, -} - -@article{carroll&kimball:concavity, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - journal = {Econometrica}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/concavity.pdf}}, - number = {4}, - pages = {981--992}, - title = {On the {C}oncavity of the {C}onsumption {F}unction}, - volume = {64}, - year = {1996}, - url = {http://econ.jhu.edu/people/ccarroll/concavity.pdf}, -} - -@article{pistaferriSuperior, - author = {Luigi Pistaferri}, - journal = {The Review of Economics and Statistics}, - month = {August}, - number = {3}, - pages = {465-476}, - title = {Superior Information, Income Shocks, And The - Permanent Income Hypothesis}, - volume = {83}, - year = {2001}, -} - -@article{gsInferring, - author = {Guvenen, Fatih and Smith, Anthony A.}, - journal = {Econometrica}, - number = {6}, - pages = {2085-2129}, - title = {Inferring Labor Income Risk and Partial Insurance - From Economic Choices}, - volume = {82}, - year = {2014}, - abstract = {This paper uses the information contained in the - joint dynamics of individuals' labor earnings and - consumption-choice decisions to quantify both the - amount of income risk that individuals face and the - extent to which they have access to informal - insurance against this risk. We accomplish this task - by using indirect inference to estimate a structural - consumption–savings model, in which individuals - both learn about the nature of their income process - and partly insure shocks via informal mechanisms. In - this framework, we estimate (i) the degree of partial - insurance, (ii) the extent of systematic differences - in income growth rates, (iii) the precision with - which individuals know their own income growth rates - when they begin their working lives, (iv) the - persistence of typical labor income shocks, (v) the - tightness of borrowing constraints, and (vi) the - amount of measurement error in the data. In - implementing indirect inference, we find that an - auxiliary model that approximates the true structural - equations of the model (which are not estimable) - works very well, with negligible small sample bias. - The main substantive findings are that income shocks - are moderately persistent, systematic differences in - income growth rates are large, individuals have - substantial amounts of information about their income - growth rates, and about one-half of income shocks are - smoothed via partial insurance. Putting these - findings together, the amount of uninsurable lifetime - income risk that individuals perceive is - substantially smaller than what is typically assumed - in calibrated macroeconomic models with incomplete - markets.}, - doi = {10.3982/ECTA9446}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.3982/ECTA9446}, -} - -@article{kennickellPermanent, - author = {Kennickell, Arthur}, - journal = {mimeo, Board of Governors of the Federal Reserve - System}, - title = {Saving and Permanent Income: Evidence from the 1992 - SCF}, - year = {1995}, -} - -@article{wilcox:aer, - author = {Wilcox, David W.}, - journal = {American Economic Review}, - number = {4}, - pages = {922--941}, - title = {The Construction of U.S. Consumption Data: Some Facts - and Their Implications for Empirical Work}, - volume = {82}, - year = {1992}, -} - -@article{soulelesTaxRefunds, - author = {Souleles, Nicholas S.}, - journal = {American Economic Review}, - month = {September}, - number = {4}, - pages = {947--958}, - title = {The Response of Household Consumption to Income Tax - Refunds}, - volume = {89}, - year = {1999}, -} - -@article{BrowningColladoAER, - author = {Browning, Martin and Collado, M. Dolores}, - journal = {American Economic Review}, - number = {3}, - pages = {681--692}, - title = {The Response of Expenditures to Anticipated Income - Changes: Panel Data Estimates}, - volume = {91}, - year = {2001}, -} - -@article{hsiehAlaska, - author = {Hsieh, Chang-Tai}, - journal = {American Economic Review}, - number = {1}, - pages = {397--405}, - title = {Do consumers react to anticipated income changes? - Evidence from the Alaska permanent fund}, - volume = {93}, - year = {2003}, -} - -@article{kuengAlaska, - title={Excess sensitivity of high-income consumers}, - author={Kueng, Lorenz}, - journal={The Quarterly Journal of Economics}, - volume={133}, - number={4}, - pages={1693--1751}, - year={2018}, - publisher={Oxford University Press} -} - -@article{bbdUncertainty, - author = {Baker, Scott R and Bloom, Nicholas and - Davis, Steven J}, - journal = {The Quarterly Journal of Economics}, - number = {4}, - pages = {1593--1636}, - publisher = {Oxford University Press}, - title = {Measuring economic policy uncertainty}, - volume = {131}, - year = {2016}, -} - - -@inbook{NBERc13907, - Crossref = "NBEReich-4", - title = "Survey Measurement of Probabilistic Macroeconomic Expectations: Progress and Promise", - author = "Charles F. Manski", - BookTitle = "NBER Macroeconomics Annual 2017, volume 32", - Publisher = "University of Chicago Press", - year = "2017", - month = "April", - URL = "http://www.nber.org/chapters/c13907", -} - -@INBOOK{bmsValidity, - title = {The Validity of Consumption Data: Are the Consumer - Expenditure Interview and Diary Surveys - Informative?}, - publisher = {University of Chicago Press}, - year = 2013, - author = {Adam Bee and Bruce D. Meyer and James X. Sullivan}, - month = {February}, - booktitle = {Improving the Measurement of Household Expenditures}, - crossref = {NBERcarr11-1}, - url = {http://www.nber.org/chapters/c12662} -} - -@INBOOK{pgmCEvsPCE, - title = {Understanding the Relationship: CE Survey and PCE}, - publisher = {University of Chicago Press}, - year = 2012, - author = {William Passero and Thesia I. Garner and Clinton - McCully}, - month = {April}, - booktitle = {Improving the Measurement of Household Expenditures}, - crossref = {NBERcarr11-1}, - url = {http://www.nber.org/chapters/c12659} -} - -@inproceedings{ParkerSoulelesCarroll, - Crossref = "NBERcarr11-1", - author = {Parker, Jonathan A. and Nicholas S. Souleles and - Christopher D. Carroll}, - title = {The Benefits of Panel Data in Consumer Expenditure - Surveys}, - booktitle = {Improving the Measurement of Consumer Expenditures}, - chapter = {7}, - note = {Final version at - \href{http://econ.jhu.edu/people/ccarroll/papers/ParkerSoulelesCarroll/}{\texttt{http://econ.jhu.edu/people/ccarroll/papers/ParkerSoulelesCarroll/}}}, - url = {http://econ.jhu.edu/people/ccarroll/papers/ParkerSoulelesCarroll/} -} - -@InBook{deatonPuzzlesAndParadoxes, - title = {{P}uzzles and {P}aradoxes}, - year = {2013}, - author = {Angus Deaton}, - crossref = {Eminent}, - file = {deatonPuzzlesAndParadoxes.pdf:deatonPuzzlesAndParadoxes.pdf:PDF}, -} - - - -@misc{crawley_time_2018, - author = {Crawley, Edmund}, - title = {Time Aggregation in Panel Data on Income and Consumption}, - year = {2018}, - howpublished = {Mimeo, Department of Economics, Johns Hopkins University} -} - -@techreport{ckConsumption, - author = {Crawley, Edmund and Kuchler, Andreas}, - institution = {Danmarks Nationalbank}, - month = {November}, - number = {129}, - type = {working paper}, - title = {Consumption Heterogeneity: Micro Drivers and Macro - Implications}, - year = {2018}, -} - -@misc{clMonetary, - author = {Crawley, Edmund and Lee, Seungcheol}, - title = {Monetary Policy Transmission with Many Agents}, - year = {2019}, - howpublished = {Mimeo, Department of Economics, Johns Hopkins University} -} - -@article{summersSecStagReuters, - author = {Summers, Lawrence}, - journal = {Reuters Analysis \& Opinion}, - title = {On secular stagnation}, - volume = {16}, - year = {2013}, -} - -@article{summersSecStagAER, - author = {Summers, Lawrence H}, - journal = {American Economic Review}, - number = {5}, - pages = {60--65}, - title = {Demand side secular stagnation}, - volume = {105}, - year = {2015}, -} - -@article{krugmanSecStagNYT, - author = {Krugman, Paul}, - journal = {New York Times}, - pages = {2013}, - title = {Secular stagnation, coalmines, bubbles, and Larry - Summers}, - volume = {16}, - year = {2013}, -} - -@article{krugmanSecStagCEPR, - author = {Krugman, Paul}, - journal = {Secular stagnation: Facts, causes and cures}, - pages = {61--68}, - publisher = {CEPR Press London}, - title = {Four observations on secular stagnation}, - year = {2014}, -} - -@article{gordonSecStag, - author = {Gordon, Robert J}, - journal = {American Economic Review}, - number = {5}, - pages = {54--59}, - title = {Secular stagnation: A supply-side view}, - volume = {105}, - year = {2015}, -} - -@article{hhhwSecStagNo, - author = {Hamilton, James D and Harris, Ethan S and - Hatzius, Jan and West, Kenneth D}, - journal = {IMF Economic Review}, - number = {4}, - pages = {660--707}, - publisher = {Springer}, - title = {The equilibrium real funds rate: Past, present, and - future}, - volume = {64}, - year = {2016}, -} - -@article{BergerEtAl:HPandC, - author = {David Berger and Veronica Guerrieri and - Guido Lorenzoni and Joseph Vavra}, - journal = {Review of Economic Studies}, - number = {3}, - pages = {1502--1542}, - title = {House Prices and Consumer Spending}, - volume = {85}, - year = {2018}, -} - -@inproceedings{mue07, - author = {Muellbauer, John N.}, - booktitle = {Housing, Housing Finance and Monetary Policy}, - pages = {267--334}, - publisher = {Jackson Hole Symposium, Federal Reserve Bank of - Kansas City}, - title = {Housing, Credit and Consumer Expenditure}, - year = {2007}, -} - -@TECHREPORT{hall:slump, - author = {Hall, Robert E.}, - title = {The Long Slump}, - institution = {{ASSA M}eetings, Denver}, - year = 2011, - type = {{AEA} {P}residential {A}ddress}, - owner = {Jiri}, - timestamp = {2011.01.13} -} - -@article{gkLiq, - author = {Gauti B. Eggertsson and Paul Krugman}, - journal = {The Quarterly Journal of Economics}, - number = {3}, - pages = {1469--1513}, - title = {Debt, Deleveraging, and the Liquidity Trap: A - Fisher--Minsky--Koo Approach}, - volume = {127}, - year = {2012}, -} - - -@article{justPrimTamb:CredSupplyAndHouseBoom, - author = {Alejandro Justiniano and Giorgio Primiceri and - Andrea Tambalotti}, - journal = {Journal of Political Economy}, - title = {Credit Supply and the Housing Boom}, - year = {forthcoming}, -} - -@techreport{huoRRfinFrictionsGR, - author = {Huo, Zhen and R\'{\i}os-Rull, Jos\'e-V\'{\i}ctor}, - institution = {Federal Reserve Bank of Minneapolis}, - month = feb, - number = {526}, - type = {Staff Report}, - title = {Financial Frictions, Asset Prices, and the Great - Recession}, - year = {2016}, -} - -@techreport{garrigaHedlund, - author = {Carlos Garriga and Aaron Hedlund}, - institution = {University of Missouri}, - type = {mimeo}, - title = {Housing Finance, Boom--Bust Episodes, and - Macroeconomic Fragility}, - year = {2018}, -} - -@techreport{kmv:houseBoomBust, - author = {Greg Kaplan and Kurt Mitman and Giovanni L. Violante}, - institution = {National Bureau of Economic Research}, - month = aug, - number = {23694}, - type = {working paper}, - title = {The Housing Boom and Bust: Model Meets Evidence}, - year = {2017}, - url = {https://ideas.repec.org/p/nbr/nberwo/23694.html}, -} - -@techreport{goreaMidriganLiqConstraints, - author = {Denis Gorea and Virgiliu Midrigan}, - institution = {New York University}, - type = {mimeo}, - title = {Liquidity Constraints in the U.S. Housing Market}, - year = {2018}, -} - -@article{wooleyDeregulation, - author = {Woolley, John T.}, - journal = {Presidential Studies Quarterly}, - number = {1}, - pages = {60-80}, - title = {Persistent Leadership: Presidents and the Evolution - of U.S. Financial Reform, 1970-2007}, - volume = {42}, - year = {2012}, - abstract = {Between 1970 and 2007, presidents of both parties - consistently and actively supported financial - deregulation. Given the low visibility and relatively - technical nature of the issues, presidents saw - deregulation as the best way to respond to technical - innovation in the industry and disruptions caused by - inflation. This history suggests several lessons for - students of the role of presidents in policy making. - Presidents can be active in promoting policy reform - even though standard methods for defining the - presidential agenda do not reveal this fact. We see - presidential engagement reflected in White House - statements both before and after legislation is - passed, and in White House use of study reports and - messages to shape an elite consensus.}, - doi = {10.1111/j.1741-5705.2012.03941.x}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1741- - 5705.2012.03941.x}, -} - -@article{landvoigt:rfs, - author = {Landvoigt, Tim}, - journal = {The Review of Financial Studies}, - month = {04}, - number = {6}, - pages = {1865--1902}, - title = {{Housing Demand During the Boom: The Role of - Expectations and Credit Constraints}}, - volume = {30}, - year = {2017}, -} - -@techreport{krusell:usWealthDistr, - author = {Joachim Hubmer and Per Krusell and - Anthony A. {Smith, Jr.}}, - institution = {Yale University}, - type = {mimeo}, - title = {A Comprehensive Quantitative Theory of the U.S. - Wealth Distribution}, - year = {2018}, -} - - -@article{dgTANK, - author = {Debortoli, Davide and Gal{\'\i}, Jordi}, - journal = {Manuscript}, - month = {September}, - title = {Monetary policy with heterogeneous agents: Insights - from TANK models}, - year = {2017}, -} - -@article{bfjstUncertain, - author = {Nicholas Bloom and Max Floetotto and Nir Jaimovich and - Itay {Saporta-Eksten} and Stephen J. Terry}, - journal = {Econometrica}, - month = {May}, - number = {3}, - pages = {1031--1065}, - title = {Really Uncertain Business Cycles}, - volume = {86}, - year = {2018}, -} - -@techreport{BoE_forecasting, - author = {Burgess, Stephen and Fernandez-Corugedo, Emilio and - Groth, Charlotta and Harrison, Richard and - Monti, Francesca and Theodoridis, Konstantinos and - Waldron, Matt}, - institution = {Bank of England}, - month = may, - number = {471}, - type = {working paper}, - title = {The Bank of England's Forecasting Platform: COMPASS, - MAPS, EASE and the Suite of Models}, - year = {2013}, -} - -@article{Trichet_JacksonHoleSpeech, - author = {Jean-Claude Trichet}, - journal = {Proceedings, Economic Policy Symposium, Jackson Hole}, - number = {}, - pages = {243--266}, - title = {Luncheon Address: Central Banking in Uncertain Times: - Conviction and Responsibility}, - volume = {}, - year = {2010}, -} - -@article{bexUncertaintyAssetPrices, - author = {Bekaert, Geert and Engstrom, Eric and Xing, Yuhang}, - journal = {Journal of Financial Economics}, - number = {1}, - pages = {59--82}, - publisher = {Elsevier}, - title = {Risk, uncertainty, and asset prices}, - volume = {91}, - year = {2009}, -} - -@article{drechslerUncertainty, - author = {Drechsler, Itamar}, - journal = {The Journal of Finance}, - number = {5}, - pages = {1843--1889}, - publisher = {Wiley Online Library}, - title = {Uncertainty, time-varying fear, and asset prices}, - volume = {68}, - year = {2013}, -} - -@article{gmAssetPricing, - author = {Gomes, Francisco and Michaelides, Alexander}, - journal = {The Review of Financial Studies}, - number = {1}, - pages = {415--448}, - publisher = {Society for Financial Studies}, - title = {Asset pricing with limited risk sharing and - heterogeneous agents}, - volume = {21}, - year = {2007}, -} - -@techreport{glover:intergenRedistr, - author = {Andrew Glover and Jonathan Heathcote and Dirk Krueger and - R\'{\i}os-Rull, Jos\'e-V\'{\i}ctor}, - institution = {National Bureau of Economic Research}, - month = {October}, - note = - {\url{https://www.sas.upenn.edu/~dkrueger/research/RecessionNew.pdf}}, - number = {16924}, - type = {updated version of working paper}, - title = {Intergenerational Redistribution in the Great - Recession}, - year = {2017}, -} - -@article{favilukis:housing, - author = {Jack Favilukis and Sydney C. Ludvigson and - Stijn {Van Nieuwerburgh}}, - journal = {Journal of Political Economy}, - number = {1}, - pages = {140--223}, - title = {The Macroeconomic Effects of Housing Wealth, Housing - Finance, and Limited Risk Sharing in General - Equilibrium}, - volume = {125}, - year = {2017}, -} - -@techreport{ducaEtAl10_creditArch, - author = {John V. Duca and John Muellbauer and Anthony Murphy}, - institution = {University of Oxford}, - type = {mimeo}, - title = {Credit Market Architecture and the Boom and Bust in - the U.S. Consumption}, - year = {2010}, -} - -@ARTICLE{nsSavingRevisions, - author = {Nakamura, Leonard I. and Stark, Thomas}, - title = {Mismeasured Personal Saving and the Permanent Income - Hypothesis}, - journal = {Working Papers}, - year = 2007, - note = - {\url{http://philadelphiafed.org/research-and-data/publications/working-papers/2007/wp07-8.pdf}}, - file = {nsSavingRevisions.pdf:nsSavingRevisions.pdf:PDF}, - publisher = {Federal Reserve Bank of Philadelphia}, - doi = {dx.doi.org/10.2139/ssrn.707089}, - url = - {http://philadelphiafed.org/research-and-data/publications/working-papers/2007/wp07-8.pdf} -} - -@article{bhutta_mortgageDebt, - author = {Bhutta, Neil}, - journal = {Journal of Monetary Economics}, - number = {C}, - pages = {284--298}, - title = {The Ins and Outs of Mortgage Debt During the Housing - Boom and Bust}, - volume = {76}, - year = {2015}, -} - -@techreport{malmendierSheng, - author = {Ulrike Malmendier and Leslie Sheng Shen}, - institution = {National Bureau of Economic Research}, - month = jun, - number = {24696}, - type = {working paper}, - title = {Scarred Consumption}, - year = {2018}, -} - -@article{jstLeveragedBubbles, - author = {Jord\`{a}, \`{O}scar and Schularick, Moritz and - Taylor, Alan M.}, - journal = {Journal of Monetary Economics}, - number = {S}, - pages = {1--20}, - title = {Leveraged Bubbles}, - volume = {76}, - year = {2015}, -} - -@article{rrAftermath, - author = {Reinhart, Carmen M. and Rogoff, Kenneth S.}, - journal = {American Economic Review}, - month = {May}, - number = {2}, - pages = {466--72}, - title = {The Aftermath of Financial Crises}, - volume = {99}, - year = {2009}, - abstract = {This study investigates the impact of the current - financial crisis on Canada's potential GDP growth. - Using a simple accounting framework to decompose - trend GDP growth into changes in capital, labor - services and total factor productivity, we find a - sizeable drop in Canadian potential growth in the - short term. The estimated decline of about 1 - percentage point originates from a sharply - decelerating capital stock accumulation (as - investment has dropped steeply) and a rising - long-term unemployment rate (which would raise - equilibrium unemployment rates). However, over the - medium term, we expect Canada's potential GDP growth - to gradually rise to around 2 percent, below the - pre-crisis growth rate, mostly reflecting the effects - of population aging and a secular decline in average - working hours.}, - url = {http://ideas.repec.org/a/aea/aecrev/v99y2009i2p466-72.html}, -} - -@article{hurstStafford, - author = {Hurst, Erik and Stafford, Frank}, - journal = {Journal of Money, Credit and Banking}, - month = {December}, - number = {6}, - pages = {985--1014}, - title = {{Home Is Where the Equity Is: Mortgage Refinancing - and Household Consumption}}, - volume = {36}, - year = {2004}, -} - -@article{cooper_housingCollateral, - author = {Daniel Cooper}, - journal = {The Review of Economics and Statistics}, - month = {October}, - number = {4}, - pages = {1183--1197}, - title = {House Price Fluctuations: The Role of Housing Wealth - as Borrowing Collateral}, - volume = {95}, - year = {2013}, -} - -@article{asWealthEffect, - author = {Aruoba, S Boragan and Elul, Ronel and - Kalemli-Ozcan, Sebnem}, - journal = {FRB of Philadelphia Working Paper}, - title = {How Big is the Wealth Effect? Decomposing the - Response of Consumption to House Prices}, - year = {2019}, -} - - -@article{hallRandomWalk, - author = {Hall, Robert E.}, - journal = {Journal of Political Economy}, - note = {Available at - {\url{http://www.stanford.edu/~rehall/Stochastic-JPE-Dec-1978.pdf}}}, - pages = {971--87}, - title = {Stochastic Implications of the Life-Cycle/Permanent - Income Hypothesis: Theory and Evidence}, - volume = {96}, - year = {1978}, - url = {http://www.stanford.edu/~rehall/Stochastic-JPE-Dec- - 1978.pdf}, -} - -@article{kv_microMacro, - author = {Greg Kaplan and Giovanni L. Violante}, - journal = {Journal of Economic Perspectives}, - month = {Summer}, - number = {3}, - pages = {167--194}, - title = {Microeconomic Heterogeneity and Macroeconomic Shocks}, - volume = {32}, - year = {2018}, -} - -@article{auerbachKotlikoffDemographicsAndSaving, - author = {Auerbach, Alan J. and Cai, Jinyong and - Kotlikoff, Laurence J.}, - journal = {Carnegie--Rochester Conference Series on Public - Policy}, - month = {January}, - number = {1}, - pages = {135--156}, - title = {{U.S. Demographics and Saving: Predictions of Three - Saving Models}}, - volume = {34}, - year = {1991}, -} - -@article{curtisEtAl, - author = {Chadwick C. Curtis and Steven Lugauer and - Nelson C. Mark}, - journal = {American Economic Journal: Macroeconomics}, - month = {April}, - number = {2}, - pages = {58--94}, - title = {Demographic Patterns and Household Saving in China}, - volume = {7}, - year = {2015}, -} - -@article{imrohroglu_China, - author = {Imrohoroglu, Ayse and Zhao, Kai}, - journal = {Journal of Monetary Economics}, - number = {C}, - pages = {33--52}, - title = {The Chinese Saving Rate: Long-Term Care Risks, Family - Insurance, and Demographics}, - volume = {96}, - year = {2018}, -} - -@article{bloomEtAl_JME07, - author = {Bloom, David E. and Canning, David and - Mansfield, Richard K. and Moore, Michael}, - journal = {Journal of Monetary Economics}, - pages = {92--114}, - title = {Demographic Change, Social Security Systems and - Savings}, - volume = {54}, - year = {2007}, -} - -@techreport{bosworthChodorowReich07, - author = {Barry Bosworth and Gabriel Chodorow--Reich}, - institution = {Center for Retirement Research, Boston College}, - number = {2}, - type = {working paper}, - title = {Saving and Demographic Change: The Global Dimension}, - year = {2007}, -} - -@incollection{elmendorfMankiw, - author = {Elmendorf, Douglas and Mankiw, N. Gregory}, - booktitle = {Handbook of Macroeconomics}, - chapter = {25}, - edition = {1}, - editor = {Taylor, J. B. and Woodford, M.}, - pages = {1615--1669}, - publisher = {Elsevier}, - title = {Government Debt}, - volume = {1, Part C}, - year = {1999}, -} - -@ARTICLE{kmitchSaving, - author = {Janet H. Kmitch}, - title = {Alternative Measures of Personal Saving}, - journal = {Survey of Current Business}, - year = 2010, - volume = 90, - pages = {10--13}, - month = {October} -} - -@article{prSaving, - author = {Perozek, Maria G. and Marshall B. Reinsdorf}, - journal = {Survey of Current Business 82}, - month = {April}, - pages = {13--24}, - title = {Alternative Measures of Personal Saving}, - year = {2002}, -} - -@article{cam87, - author = {Campbell, John Y.}, - journal = {Econometrica}, - pages = {1249--1273}, - title = {Does Saving Anticipate Declining Labor Income? An - Alternative Test of the Permanent Income Hypothesis}, - volume = {55}, - year = {1987}, -} - -@book{slpMethods, - author = {Stokey, Nancy L. and Lucas, Robert E. and - Edward C. Prescott}, - publisher = {Harvard University Press}, - title = {Recursive Methods in Economic Dynamics}, - year = {1989}, -} - -@ARTICLE{mnUnique, - author = {Janusz Matkowski and Andrzej S. Nowak}, - title = {On Discounted Dynamic Programming With Unbounded - Returns}, - journal = {Economic Theory}, - year = 2011, - volume = 46, - pages = {455--474} -} - -@article{zeldesStochastic, - author = {Zeldes, Stephen P.}, - journal = {Quarterly Journal of Economics}, - month = {May}, - number = {2}, - pages = {275--298}, - title = {Optimal Consumption with Stochastic Income: - {D}eviations from Certainty Equivalence}, - volume = {104}, - year = {1989}, -} - -@ARTICLE{szeidlInvariant, - author = {Szeidl, Adam}, - title = {Stable Invariant Distribution in Buffer-Stock Saving - and Stochastic Growth Models}, - journal = {Manuscript, Central European University}, - year = 2012, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/szeidlInvariant.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/szeidlInvariant.pdf:PDF} -} - -@article{mstCapIncFluct, - author = {Ma, Qingyin and Stachurski, John and - Toda, Alexis Akira}, - journal = {arXiv preprint arXiv:1812.01320}, - title = {The Income Fluctuation Problem with Capital Income - Risk: Optimality and Stability}, - year = {2018}, - url = {https://arxiv.org/abs/1812.01320}, -} - -@article{benhabibWealth, - author = {Benhabib, Jess and Bisin, Alberto and Zhu, Shenghao}, - journal = {Journal of Economic Theory}, - note = {Available at - \url{https://www.nber.org/papers/w20157.pdf}}, - pages = {489--515}, - publisher = {Elsevier}, - title = {The wealth distribution in Bewley economies with - capital income risk}, - volume = {159}, - year = {2015}, - url = {https://www.sciencedirect.com/science/article/pii/ - S0022053115001362}, -} - -@article{rabaultBorrowing, - author = {Rabault, Guillaume}, - journal = {Journal of Economic Dynamics and Control}, - number = {2}, - pages = {217--245}, - publisher = {Elsevier}, - title = {When do borrowing constraints bind? Some new results - on the income fluctuation problem}, - volume = {26}, - year = {2002}, -} - -@article{lsIncFluct, - author = {Li, Huiyu and Stachurski, John}, - journal = {Journal of Economic Dynamics and Control}, - pages = {353--365}, - publisher = {Elsevier}, - title = {Solving the income fluctuation problem with unbounded - rewards}, - volume = {45}, - year = {2014}, -} - -@article{scheinkman&weiss:borrowing, - author = {Scheinkman, Jos\'e and Weiss, Laurence}, - journal = {Econometrica}, - number = {1}, - pages = {23--46}, - title = {Borrowing Constraints and Aggregate Economic - Activity}, - volume = {54}, - year = {1986}, -} - -@article{asHomogeneous, - author = {Alvarez, Fernando and Stokey, Nancy L}, - journal = {Journal of economic theory}, - number = {1}, - pages = {167--189}, - publisher = {Elsevier}, - title = {Dynamic programming with homogeneous functions}, - volume = {82}, - year = {1998}, -} - -@article{rrExistence, - author = {Rinc{\'o}n-Zapatero, Juan Pablo and - Rodr{\'\i}guez-Palmero, Carlos}, - journal = {Econometrica}, - number = {5}, - pages = {1519--1555}, - publisher = {Wiley Online Library}, - title = {Existence and uniqueness of solutions to the Bellman - equation in the unbounded case}, - volume = {71}, - year = {2003}, -} - -@article{mvExistence, - author = {Martins-da-Rocha, V Filipe and Vailakis, Yiannis}, - journal = {Econometrica}, - number = {3}, - pages = {1127--1141}, - publisher = {Wiley Online Library}, - title = {Existence and uniqueness of a fixed point for local - contractions}, - volume = {78}, - year = {2010}, -} - -@article{yaoNote, - author = {Jiaxiong Yao}, - journal = {Manuscript, Johns Hopkins University}, - title = {The Theoretical Foundations of Buffer Stock Saving: A - Note}, - year = {2012}, -} - -@article{duranDiscounting, - author = {Dur{\'a}n, Jorge}, - journal = {Economic Theory}, - number = {2}, - pages = {395--413}, - publisher = {Springer}, - title = {Discounting long run average growth in stochastic - dynamic programs}, - volume = {22}, - year = {2003}, -} - - -@misc{matthew_n_white_2017_1001068, - author = {Christopher D Carroll and Matthew N White and Team Econ-ARK}, - title = {econ-ark/HARK: 0.8.0}, - month = Oct, - year = 2017, - doi = {10.5281/zenodo.1001068}, - url = {https://doi.org/10.5281/zenodo.1001068}, - note = {Available at via doi:10.5281/zenodo.1001068 or at \url{https://doi.org/10.5281/zenodo.1001068}} -} - -@Article{jorgenson:ProductivityGrowthResurgence, - author={Dale W. Jorgenson and Mun S. Ho and Kevin J. Stiroh}, - title={A Retrospective Look at the U.S. Productivity Growth Resurgence}, - journal={Journal of Economic Perspectives}, - year=2008, - volume={22}, - number={1}, - pages={3--24}, - month={Winter}, - keywords={}, - doi={}, -} - - -@Article{fernald:disappointingRecovery, - author={John G. Fernald and Robert Hall and James Stock and Mark Watson}, - title={The Disappointing Recovery of Output after 2009}, - journal={Brookings Papers on Economic Activity}, - year=2017, - volume={Spring}, - keywords={}, - doi={}, -} - - -@article{edge2007learning, - title={Learning and shifts in long-run productivity growth}, - author={Edge, Rochelle M and Laubach, Thomas and Williams, John C}, - journal={Journal of Monetary Economics}, - volume={54}, - number={8}, - pages={2421--2438}, - year={2007}, - publisher={Elsevier} -} - -@ARTICLE{fnHousingHabits, - author = {Flavin, Marjorie and Shinobu Nakagawa}, - title = {A Model of Housing in the Presence of Adjustment - Costs: A Structural Interpretation of Habit - Persistence}, - journal = {The American Economic Review}, - year = {2008}, - volume = {98}, - pages = {474--495}, - number = {1}, - note = {\\ \url{http://www.jstor.org/stable/29729980}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fnHousingHabits.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fnHousingHabits.pdf:PDF}, - publisher = {JSTOR}, - url = {http://www.jstor.org/stable/29729980} -} - -@techreport{fuhrer:IntrinsicPersistence, - author = {Jeffrey C. Fuhrer}, - institution = {Federal Reserve Bank of Boston}, - type = {Presentation at {NBER Summer Institute}}, - title = {Intrinsic Persistence in Expectations: Evidence from - Micro Data}, - year = {2017}, -} - - -@article{fuhrer:JME17, - author = {Jeffrey C. Fuhrer}, - journal = {Journal of Monetary Economics}, - month = {April}, - pages = {22--55}, - title = {Expectations as a Source of Macroeconomic - Persistence: Evidence from Survey Expectations in a - Dynamic Macro Model}, - volume = {86}, - year = {2017}, - doi = {}, -} - - - -@techreport{Kueng:Near-rationality, - title = {Explaining Consumption Excess Sensitivity with Near-Rationality: Evidence from Large Predetermined Payments}, - author = {Lorenz Kueng}, - institution = {National Bureau of Economic Research}, - type = {working paper}, - series = {working paper series}, - number = {21772}, - year = {2015}, - month = {December}, - doi = {10.3386/w21772}, -} - -@misc{kmpIncomeExpectations, - author = {Karahan, Fatih and Sean Mihaljevich and - Laura Pilossoph}, - howpublished = - {\href{http://libertystreeteconomics.newyorkfed.org/2017/11/understanding-permanent-and-temporary-income-shocks.html}{URL link retrieved on 03/02/2018 \texttt{here}.}}, - journal = {Liberty Street Economics}, - number = {November 08}, - type = {Blog}, - title = {Understanding Permanent and Temporary Income Shocks}, - year = {2017}, -} - -@article{kalmanFilter, - Author = {Kalman, Rudolph Emil}, - Title = {A New Approach to Linear Filtering and Prediction Problems}, - Journal = {Transactions of the ASME--Journal of Basic Engineering}, - Volume = {82}, - Number = {Series D}, - Pages = {35--45}, - Year = {1960} -} - -@Article{alvarezGuisoLippi:DurCons, - author={Fernando Alvarez and Luigi Guiso and Francesco Lippi}, - title={Durable Consumption and Asset Management with Transaction and Observation Costs}, - journal={American Economic Review}, - year=2012, - volume={102}, - number={5}, - pages={2272--2300}, - month={August}, - keywords={}, - doi={}, - url={https://ideas.repec.org/a/aea/aecrev/v102y2012i5p2272-2300.html} -} - - -@Article{gabaixSparsityQJE, - author={Xavier Gabaix}, - title={A Sparsity-Based Model of Bounded Rationality}, - journal={The Quarterly Journal of Economics}, - year={2014}, - volume={129}, - number={4}, - pages={1661--1710}, - url={https://ideas.repec.org/a/oup/qjecon/v129y2014i4p1661-1710.html} -} - - -@TechReport{hebertWoodford, - author={Benjamin H\'{e}bert and Michael Woodford}, - title={Rational Inattention and Sequential Information Sampling}, - year=2017, - month=Sep, - institution={National Bureau of Economic Research}, - type={NBER Working Papers}, - url={https://ideas.repec.org/p/nbr/nberwo/23787.html}, - number={23787}, -} - - -@Article{chettySzeidl:cCommitmentsEcta, - author={Raj Chetty and Adam Szeidl}, - title={Consumption Commitments and Habit Formation}, - journal={Econometrica}, - year=2016, - volume={84}, - number={}, - pages={855--890}, - month={03}, - url={https://ideas.repec.org/a/wly/emetrp/v84y2016ip855-890.html} -} - -@ARTICLE{css10_stickyCgrowth_restat, - author = {Christopher D. Carroll and Jiri Slacalek and Martin Sommer}, - title = {International Evidence on Sticky Consumption Growth}, - journal = {The Review of Economics and Statistics}, - year = {2011}, - volume = {93}, - number = {4}, - pages = {1135--1145}, - owner = {Jirka}, - timestamp = {2010.06.10} -} - - -@ARTICLE{som07, - author = {Martin Sommer}, - title = {Habit Formation and Aggregate Consumption Dynamics}, - journal = {Advances in Macroeconomics}, - year = {2007}, - volume = {7}, - pages = {Article 21}, - number = {1} -} - -@article{mackWiedREStud15, -author = {Ma\'{c}kowiak, Bartosz and Wiederholt, Mirko}, -title = {Business Cycle Dynamics under Rational Inattention}, -journal = {The Review of Economic Studies}, -volume = {82}, -number = {4}, -pages = {1502--1532}, -year = {2015}, -doi = {10.1093/restud/rdv027}, -URL = { + http://dx.doi.org/10.1093/restud/rdv027}, -eprint = {/oup/backfile/content_public/journal/restud/82/4/10.1093_restud_rdv027/2/rdv027.pdf} -} - -@Article{coibGor:AER15, - author={Olivier Coibion and Yuriy Gorodnichenko}, - title={{Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts}}, - journal={American Economic Review}, - year=2015, - volume={105}, - number={8}, - pages={2644--2678}, - month={August}, - keywords={}, - doi={}, -} - - - - -@article{msInertiaAER, - ISSN = {00028282}, - URL = {http://www.jstor.org/stable/30034632}, - author = {Stephen Morris and Hyun Song Shin}, - journal = {The American Economic Review}, - number = {2}, - pages = {152--157}, - publisher = {American Economic Association}, - title = {Inertia of Forward-Looking Expectations}, - volume = {96}, - year = {2006} -} - -@article{ganong2017effect, - title={The Effect of Debt on Default and Consumption: Evidence from Housing Policy in the Great Recession}, - author={Ganong, Peter and Noel, Pascal}, - journal={Unpublished Working Paper}, - year={2017}, - url={https://scholar.harvard.edu/files/ganong/files/ganong_noel_housing_draft_2016-11-09.pdf} -} - -@article{hkmoHousingMPC, - author = {Aaron Hedlund and Fatih Karahan, Kurt Mitman, Serdar Ozkan}, - title = {Monetary Policy, Heterogeneity, and the Housing Channel}, - year = {2017}, - journal = {RBNZ Conference on Heterogeneous Agents and Housing}, -} - -@article{druedahlNEGM, - url = {www.econ.ku.dk/druedahl/papers/2017_NEGM.pdf}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/druedahlNEGM.pdf}}, - title = {A Fast Nested Endogenous Grid Method for Solving General Consumption-Saving Models}, - author = {Druedahl, Jeppe}, - journal = {Manuscript, University of Copenhagen} -} - -@Article{JBES1982, - author={Perraudin, William R M and Sorensen, Bent E}, - title={{The Credit-Constrained Consumer: An Empirical Study of Demand and Supply in the Loan Market}}, - journal={Journal of Business and Economic Statistics}, - year=1992, - volume={10}, - number={2}, - pages={179-192}, - month={April}, - keywords={}, - doi={}, - abstract={No abstract is available for this item.}, - url={https://ideas.repec.org/a/bes/jnlbes/v10y1992i2p179-92.html} -} -@Article{JBES1996, - author={Ho, Mun S and Perraudin, William R M and Sorensen, Bent E}, - title={{A Continuous-Time Arbitrage-Pricing Model with Stochastic Volatility and Jumps}}, - journal={Journal of Business and Economic Statistics}, - year=1996, - volume={14}, - number={1}, - pages={31-43}, - month={January}, - keywords={}, - doi={}, - abstract={ The authors formulate and test a continuous time asset pricing model using U.S. equity market data. They assume that stock returns are driven by common factors including random jump-size Poisson processes and Brownian motions with stochastic volatility. The model places over-identifying restrictions on the mean returns allowing one to identify risk neutral probability distributions useful in pricing derivative securities. The authors test for the restrictions and decompose moments of the asset returns into the contributions made by different factors. Their econometric methods take full account of time aggregation.}, - url={https://ideas.repec.org/a/bes/jnlbes/v14y1996i1p31-43.html} -} -@Article{JECM2000, - author={Perraudin, William R. M. and Sorensen, Bent E.}, - title={{The demand for risky assets: Sample selection and household portfolios}}, - journal={Journal of Econometrics}, - year=2000, - volume={97}, - number={1}, - pages={117-144}, - month={July}, - keywords={}, - doi={}, - abstract={No abstract is available for this item.}, - url={https://ideas.repec.org/a/eee/econom/v97y2000i1p117-144.html} -} -@Article{JEcM1997, - author={Andersen, Torben G. and Sorensen, Bent E.}, - title={{GMM and QML asymptotic standard deviations in stochastic volatility models: Comments on Ruiz (1994)}}, - journal={Journal of Econometrics}, - year=1997, - volume={76}, - number={1-2}, - pages={397-403}, - month={}, - keywords={}, - doi={}, - abstract={No abstract is available for this item.}, - url={https://ideas.repec.org/a/eee/econom/v76y1997i1-2p397-403.html} -} -@Article{JIE1998, - author={Sorensen, Bent E. and Yosha, Oved}, - title={{International risk sharing and European monetary unification}}, - journal={Journal of International Economics}, - year=1998, - volume={45}, - number={2}, - pages={211-238}, - month={August}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/eee/inecon/v45y1998i2p211-238.html} -} -@Article{REStat1996, - author={Ho, Mun S and Sorensen, Bent E}, - title={{Finding Cointegration Rank in High Dimensional Systems Using the Johansen Test: An Illustration Using Data Based Monte Carlo Simulations}}, - journal={The Review of Economics and Statistics}, - year=1996, - volume={78}, - number={4}, - pages={726-732}, - month={November}, - keywords={}, - doi={}, - abstract={ The authors examine the ability of the Johansen (1991) test to estimate the number of unit roots in high dimensional systems. They use data based Monte Carlo methods as a simple means of evaluating the validity of inference using asymptotic critical values. These simulations for a typical annual post-World War II dataset illustrate how the estimated number of unit roots change in a nonmonotone fashion with the dimension of the system, and with the number of lags in the VAR representation. The authors find that overparametrization in high dimensions is as bad as underparametrization. The Bayes information criteria outperforms the Akaike information criteria in their setup. Copyright 1996 by MIT Press.}, - url={https://ideas.repec.org/a/tpr/restat/v78y1996i4p726-32.html} -} - -@Article{asGMM, - author={Andersen, Torben G and Sorensen, Bent E}, - title={{GMM Estimation of a Stochastic Volatility Model: A Monte Carlo Study}}, - journal={Journal of Business and Economic Statistics}, - year=1996, - volume={14}, - number={3}, - pages={328-352}, - month={July}, - keywords={}, - doi={}, - abstract={ The authors examine alternative generalized method of moments procedures for estimation of a lognormal stochastic autoregressive volatility model by Monte Carlo methods. They document the existence of a trade-off between the number of moments, or information, included in estimation and the quality, or precision, of the objective function used for estimation. Furthermore, an approximation to the optimal weighting matrix is utilized to explore the impact of the weighting matrix for estimation, specification testing, and inference procedures. The results provide guidelines that help achieve desirable small sample properties in settings characterized by strong conditional heteroskedasticity and correlation among the moments.}, - url={https://ideas.repec.org/a/bes/jnlbes/v14y1996i3p328-52.html} -} -@Article{EJ1998, - author={Albaek, Karsten and Sorensen, Bent E}, - title={{Worker Flows and Job Flows in Danish Manufacturing, 1980-91}}, - journal={Economic Journal}, - year=1998, - volume={108}, - number={451}, - pages={1750-1771}, - month={November}, - keywords={}, - doi={}, - abstract={ The authors map turnover of workers and jobs in Danish manufacturing over the 1980 to 1991 period, using information about all individual manufacturing plants. They examine the relation between worker flows and job flows and the authors study separations from, and hires to, existing jobs (replacement hiring) in detail. Their results reveal large heterogeneity among workers as well as plants, even adjusting for the level of job flows. The cyclical properties of worker reallocation point to worker-flow dynamics being driven by workers quitting in upturns to find better jobs, rather than by plants upgrading the labor force in recessions.}, - url={https://ideas.repec.org/a/ecj/econjl/v108y1998i451p1750-71.html} -} -@Article{RePEc:eee:eecrev:v:45:y:2001:i:7:p:1271-1310, - author={Sorensen, Bent E. and Wu, Lisa and Yosha, Oved}, - title={{Output fluctuations and fiscal policy: U.S. state and local governments 1978-1994}}, - journal={European Economic Review}, - year=2001, - volume={45}, - number={7}, - pages={1271-1310}, - month={}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/eee/eecrev/v45y2001i7p1271-1310.html} -} -@Article{JEcM1999, - author={Andersen, Torben G. and Chung, Hyung-Jin and Sorensen, Bent E.}, - title={{Efficient method of moments estimation of a stochastic volatility model: A Monte Carlo study}}, - journal={Journal of Econometrics}, - year=1999, - volume={91}, - number={1}, - pages={61-87}, - month={July}, - keywords={}, - doi={}, - abstract={No abstract is available for this item.}, - url={https://ideas.repec.org/a/eee/econom/v91y1999i1p61-87.html} -} - -@Article{JIMF2007, - author={Sorensen, Bent E. and Wu, Yi-Tsung and Yosha, Oved and Zhu, Yu}, - title={{Home bias and international risk sharing: Twin puzzles separated at birth}}, - journal={Journal of International Money and Finance}, - year=2007, - volume={26}, - number={4}, - pages={587-605}, - month={June}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/eee/jimfin/v26y2007i4p587-605.html} -} -@Article{JPE2002, - author={Charlotte Ostergaard and Bent E. S{\o}rensen and Oved Yosha}, - title={{Consumption and Aggregate Constraints: Evidence from U.S. States and Canadian Provinces}}, - journal={Journal of Political Economy}, - year=2002, - volume={110}, - number={3}, - pages={634-645}, - month={June}, - keywords={}, - doi={}, - abstract={State-level consumption exhibits excess sensitivity to lagged income to the same extent as U.S. aggregate data, but state-specific (idiosyncratic) consumption exhibits substantially less sensitivity to lagged state-specific incomea result that also holds for Canadian provinces. We propose the following interpretation: borrowing and lending in response to changes in consumer demand are easier for individual U.S. states than for the United States as a whole, and therefore, the measured deviation from the benchmark permanent income hypothesis model is smaller. However, lagged state-specific variables help predict state-specific consumption, suggesting that the PIH model still requires qualification.}, - url={https://ideas.repec.org/a/ucp/jpolec/v110y2002i3p634-645.html} -} -@Article{RePEc:aeq:aeqaeq:v53_y2007_i1_q1_p3-17, - author={Bent E. Sørensen and Oved Yosha}, - title={{Producer Prices versus Consumer Prices in the Measurement of Risk Sharing}}, - journal={Applied Economics Quarterly (formerly: Konjunkturpolitik)}, - year=2007, - volume={53}, - number={1}, - pages={3-17}, - month={}, - keywords={Inter-regional insurance; U.S.\ states; Consumption smoothing; Volume of output; Price indices}, - doi={}, - abstract={In empirical research on the measurement of macroeconomic risk sharing there is no agreement on how Gross Domestic Product (GDP), or the corresponding series for regions, should be deflated. We present a stylized theoretical model that illustrates why the appropriate method for deflating nominal GDP (for the purpose of measuring risk sharing) is with a CPI deflator, not with a GDP deflator. We further explain that CPI deflated GDP (the ``consumption value'' of output) and GDP deflated with a GDP deflator (the volume of output) do represent the same underlying economic series up to measurement error. We illustrate the results estimating the amount of risk shared within subgroups of U.S. states.}, - url={https://ideas.repec.org/a/aeq/aeqaeq/v53_y2007_i1_q1_p3-17.html} -} -@Article{EconometricTheory1994, - author={Nabeya, Seiji and S{\o}rensen, Bent E.}, - title={{Asymptotic Distributions of the Least-Squares Estimators and Test Statistics in the Near Unit Root Model with Non-Zero Initial Value and Local Drift and Trend}}, - journal={Econometric Theory}, - year=1994, - volume={10}, - number={05}, - pages={937-966}, - month={December}, - keywords={}, - doi={}, - abstract={This paper considers the distribution of the Dickey-Fuller test in a model with non-zero initial value and drift and trend. We show how stochastic integral representations for the limiting distribution can be derived either from the local to unity approach with local drift and trend or from the continuous record asymptotic results of Sørensen [29]. We also show how the stochastic integral representations can be utilized as the basis for finding the corresponding characteristic functions via the Fredholm approach of Nabeya and Tanaka [16,17], This “link” between those two approaches may be of general interest. We further tabulate the asymptotic distribution by inverting the characteristic function. Using the same methods, we also find the characteristic function for the asymptotic distribution for the Schmidt-Phillips [26] unit root test. Our results show very clearly the dependence of the various tests on the initial value of the time series.}, - url={https://ideas.repec.org/a/cup/etheor/v10y1994i05p937-966_00.html} -} -@Article{REStat2010, - author={Sebnem Kalemli-Ozcan and Ariell Reshef and Bent E S{\o}rensen and Oved Yosha}, - title={{Why Does Capital Flow to Rich States?}}, - journal={The Review of Economics and Statistics}, - year=2010, - volume={92}, - number={4}, - pages={769-783}, - month={November}, - keywords={}, - doi={}, - abstract={ The magnitude and the direction of net international capital flows do not fit neoclassical models. The fifty U.S. states comprise an integrated capital market with very low barriers to capital flows, which makes them an ideal testing ground for neoclassical models. We develop a simple frictionless open economy model with perfectly diversified ownership of capital and find that capital flows among the states are consistent with the model. Therefore, the small size and \"wrong\" direction of net international capital flows are likely due to frictions associated with national borders, not to inherent flaws in the neoclassical model. (c) 2010 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.}, - url={https://ideas.repec.org/a/tpr/restat/v92y2010i4p769-783.html} -} -@Article{EconometricTheory1992, - author={S{\o}rensen, Bent E.}, - title={{Continuous Record Asymptotics in Systems of Stochastic Differential Equations}}, - journal={Econometric Theory}, - year=1992, - volume={8}, - number={01}, - pages={28-51}, - month={March}, - keywords={}, - doi={}, - abstract={This paper considers estimation based on a set of T + 1 discrete observations, y (0), y ( h ), y (2 h ),…, y ( Th ) = y ( N ), where h is the sampling frequency and N is the span of the data. In contrast to the standard approach of driving N to infinity for a fixed sampling frequency, the current paper follows Phillips [35,36] and Perron [29] and examines the “dual” asymptotics implied by letting h tend to zero while the span N remains fixed.}, - url={https://ideas.repec.org/a/cup/etheor/v8y1992i01p28-51_01.html} -} -@Article{JME2010, - author={Hryshko, Dmytro and José Luengo-Prado, María and S{\o}rensen, Bent E.}, - title={{House prices and risk sharing}}, - journal={Journal of Monetary Economics}, - year=2010, - volume={57}, - number={8}, - pages={975-987}, - month={November}, - keywords={}, - doi={}, - abstract={Homeowners in the Panel Study of Income Dynamics are able to maintain a high level of consumption following job loss (or disability) in periods of rising local house prices while the consumption drop for homeowners who lose their job in times of lower house prices is substantial. These results are consistent with homeowners being able to access wealth gains when housing appreciates as witnessed by their ability to smooth consumption more than renters. A calibrated model of endogenous homeownership and consumption is able to reproduce the patterns in the data quite well and provides an interpretation of the empirical results.}, - url={https://ideas.repec.org/a/eee/moneco/v57y2010i8p975-987.html} -} -@Article{QE2011, - author={Dmytro Hryshko and María José Luengo-Prado and Bent E. Sørensen}, - title={{Childhood determinants of risk aversion: The long shadow of compulsory education}}, - journal={Quantitative Economics}, - year=2011, - volume={2}, - number={1}, - pages={37-72}, - month={03}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/ecm/quante/v2y2011i1p37-72.html} -} -@Article{BEJournal2012, - author={Hryshko Dmytro and Luengo-Prado Maria and Sorensen Bent E.}, - title={{The Effect of Education on Equity Holdings}}, - journal={The B.E. Journal of Economic Analysis and Policy}, - year=2012, - volume={12}, - number={1}, - pages={1-41}, - month={March}, - keywords={}, - doi={}, - abstract={We study the effect of education on equity ownership in the form of stocks or mutual funds (outside of retirement accounts). We find a causal effect of education on stockholding using the number of colleges in the county where the respondent grew up as an instrument and data from the Panel Study of Income Dynamics. The effect is particularly strong for whites from non-privileged backgrounds. We explore the channels through which education affects equity holdings using the Wisconsin Longitudinal Survey and find that, controlling for family fixed effects, increased cognition and features associated with having a white collar job appear to be the main channels.}, - url={https://ideas.repec.org/a/bpj/bejeap/v12y2012i1n10.html} -} -@Article{Canadian2012, - author={Faruk Balli and Sebnem Kalemli-Ozcan and Bent E. Sorensen}, - title={{Risk sharing through capital gains}}, - journal={Canadian Journal of Economics}, - year=2012, - volume={45}, - number={2}, - pages={472-492}, - month={May}, - keywords={}, - doi={}, - abstract={We estimate channels of international risk sharing between European Monetary Union (EMU), European Union, and other OECD countries, 1992-2007. We focus on risk sharing through savings, factor income flows, and capital gains. Risk sharing through factor income and capital gains was close to zero before 1999 but has increased since then. Risk sharing from capital gains, at about 6\%, is higher than risk sharing from factor income flows for European Union countries and OECD countries. Risk sharing from factor income flows is higher for euro zone countries, at 14\%, reflecting increased international asset and liability holdings in the euro area.}, - url={https://ideas.repec.org/a/cje/issued/v45y2012i2p472-492.html} -} -@Article{JIE2012, - author={Kalemli-Ozcan, Sebnem and Sorensen, Bent and Yesiltas, Sevcan}, - title={{Leverage across firms, banks, and countries}}, - journal={Journal of International Economics}, - year=2012, - volume={88}, - number={2}, - pages={284-298}, - month={}, - keywords={Leverage; Crisis; International; Banks; Firms}, - doi={10.1016/j.jinteco.2012.03}, - abstract={We present new stylized facts on bank and firm leverage during the period 2000–2009 using internationally comparable micro level data from many countries. We document the following patterns: a) there was an increase in leverage for investment banks prior to the sub-prime crisis; b) there was no visible increase in leverage for the typical commercial bank and non-financial firm; c) off-balance-sheet items constitute a big fraction of assets, especially for large commercial banks in the US, whereas investment banks do not report these items; d) the leverage ratio is procyclical for investment banks and for large commercial banks in the US; e) banks in emerging markets with tighter bank regulation and stronger investor protection experienced significantly less deleveraging during the crisis. The results suggest that excessive risk taking before the crisis was not easily detectable because the risk involved the quality rather than the quantity of assets.}, - url={https://ideas.repec.org/a/eee/inecon/v88y2012i2p284-298.html} -} -@Article{AER2003, - author={Sebnem Kalemli-Ozcan and Bent E. Sørensen and Oved Yosha}, - title={{Risk Sharing and Industrial Specialization: Regional and International Evidence}}, - journal={American Economic Review}, - year=2003, - volume={93}, - number={3}, - pages={903-918}, - month={June}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/aea/aecrev/v93y2003i3p903-918.html} -} -@Article{SocialIndicators2012, - author={Cahit Guven and Bent Sørensen}, - title={{Subjective Well-Being: Keeping Up with the Perception of the Joneses}}, - journal={Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement}, - year=2012, - volume={109}, - number={3}, - pages={439-469}, - month={December}, - keywords={Happiness; Social comparison; Status; Perceptions; D14; D63; I31}, - doi={10.1007/s11205-011-9910-x}, - abstract={Using data from the US General Social Survey 1972–2004, we study the role of perceptions and status in self-reported happiness. Reference group income negatively relates to own happiness and high perceptions about own relative income, quality of dwelling, and social class relate positively and very significantly to happiness. Perceptions about income and status matter more for females, and for low income, conservative, more social, and less trusting individuals. Dwelling perceptions matter more for males, and for middle income, married, conservative, more social, and less trusting individuals. Copyright Springer Science+Business Media B.V. 2012}, - url={https://ideas.repec.org/a/spr/soinre/v109y2012i3p439-469.html} -} -@Article{EmpiricalEcon2013, - author={Hatice Balli and Bent S{\o}rensen}, - title={{Interaction effects in econometrics}}, - journal={Empirical Economics}, - year=2013, - volume={45}, - number={1}, - pages={583-603}, - month={August}, - keywords={Non-linear regression; Interaction terms; C12; C13}, - doi={10.1007/s00181-012-0604-2}, - abstract={We provide practical advice for applied economists regarding robust specification and interpretation of linear regression models with interaction terms. We replicate a number of prominently published results using interaction effects and examine if they are robust to reasonable specification permutations. Copyright Springer-Verlag 2013}, - url={https://ideas.repec.org/a/spr/empeco/v45y2013i1p583-603.html} -} - -@Article{Scandinavian2014, - author={Sebnem Kalemli-Ozcan and Emiliano Luttini and Bent Sorensen}, - title={{Debt Crises and Risk-Sharing: The Role of Markets versus Sovereigns}}, - journal={Scandinavian Journal of Economics}, - year=2014, - volume={116}, - number={1}, - pages={253-276}, - month={01}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/bla/scandj/v116y2014i1p253-276.html} -} -@Article{JEEA2014, - author={Sebnem Kalemli-Ozcan and Bent Sorensen and Vadym Volosovych}, - title={{Deep Financial Integration And Volatility}}, - journal={Journal of the European Economic Association}, - year=2014, - volume={12}, - number={6}, - pages={1558-1585}, - month={December}, - keywords={}, - doi={}, - abstract={ We investigate the relationship between foreign direct ownership of firms and firm- and region-level output volatility using a novel panel data set for European countries. We document a positive, highly robust, relationship between firm-level foreign ownership and volatility of value added. This relationship holds cross-sectionally and in panels with firm fixed effects where the relationship captures within-firm variation over time. Considering domestic firms with assets in foreign countries, we document that it is international diversification, rather than the nationality of the owner, that explains this positive correlation. Our results can also be found at the aggregate level, where we show that region-level volatility is correlated positively with foreign investment in the region. We show that this positive relation between aggregate volatility and foreign investment can be explained by the granularity of the firm size distribution and the fact that foreign ownership is concentrated among the largest firms.}, - url={https://ideas.repec.org/a/bla/jeurec/v12y2014i6p1558-1585.html} -} -@Article{QJE1996, - author={Pierfederico Asdrubali and Bent E. S{\o}rensen and Oved Yosha}, - title={{Channels of Interstate Risk Sharing: United States 1963–1990}}, - journal={The Quarterly Journal of Economics}, - year=1996, - volume={111}, - number={4}, - pages={1081-1110}, - month={}, - keywords={}, - doi={}, - abstract={We develop a framework for quantifying the amount of risk sharing among states in the United States, and construct data that allow us to decompose the cross-sectional variance in gross state product into several components which we refer to as levels of smoothing. We find that 39 percent of shocks to gross state product are smoothed by capital markets, 13 percent are smoothed by the federal government, and 23 percent are smoothed by credit markets. The remaining 25 percent are not smoothed. We also decompose the federal government smoothing into subcategories: taxes, transfers, and grants to states.}, - url={https://ideas.repec.org/a/oup/qjecon/v111y1996i4p1081-1110..html} -} -@Article{J-Urban2016, - author={Craig, Steven G. and Hemissi, Wided and Mukherjee, Satadru and S{\o}rensen, Bent E.}, - title={{How do politicians save? Buffer-stock management of unemployment insurance finance}}, - journal={Journal of Urban Economics}, - year=2016, - volume={93}, - number={C}, - pages={18-29}, - month={}, - keywords={Government savings; Unemployment insurance; Impatience; Prudence}, - doi={10.1016/j.jue.2016.02.002}, - abstract={We fit an empirical structural model of forward looking government savings behavior to data from the U.S. state Unemployment Insurance (UI) programs 1976–2008. States increase benefits or lower taxes when Unemployment Trust fund balances are high, consistent with a desired target level of savings. This can be explained by the representative state program behaving like a Carroll (1992) buffer-stock consumer who trades off a desire to expend savings (impatience) against the fear of running out of funds (risk aversion). We calibrate the model to the data and find that statistics from model simulations match similar statistics produced from the data for reasonable levels of risk aversion and impatience.}, - url={https://ideas.repec.org/a/eee/juecon/v93y2016icp18-29.html} -} -@Article{AEJ2017, - author={Yuliya Demyanyk and Dmytro Hryshko and María Jose Luengo-Prado and Bent E. S{\o}rensen}, - title={{Moving to a Job: The Role of Home Equity, Debt, and Access to Credit}}, - journal={American Economic Journal: Macroeconomics}, - year=2017, - volume={9}, - number={2}, - pages={149-181}, - month={April}, - keywords={}, - doi={}, - abstract={We use individual-level credit reports merged with loan-level mortgage data to estimate how home equity interacted with mobility in relatively weak and strong labor markets in the United States during the Great Recession. We construct a dynamic model of housing, consumption, employment, and relocation, which provides a structural interpretation of our empirical results and allows us to explore the role that foreclosure played in labor mobility. We find that negative home equity is not a significant barrier to job-related mobility because the benefits of accepting an out-of-area job outweigh the costs of moving. This pattern holds even if homeowners are not able to default on their mortgages.}, - url={https://ideas.repec.org/a/aea/aejmac/v9y2017i2p149-81.html} -} -@TechReport{ORBIS, - author={Sebnem Kalemli-Ozcan and Bent Sorensen and Carolina Villegas-Sanchez and Vadym Volosovych and Sevcan Yesiltas}, - title={{How to Construct Nationally Representative Firm Level data from the ORBIS Global Database}}, - year=2015, - month=Sep, - institution={National Bureau of Economic Research, Inc}, - type={NBER Working Papers}, - url={https://ideas.repec.org/p/nbr/nberwo/21558.html}, - number={21558}, - abstract={Firm-level data on productivity, financial activity and firms' international linkages have become essential for research in the fields of macro, international finance and growth. This paper describes the development of a firm-level global panel dataset for public and private companies based on the administrative micro-dataset ORBIS, provided commercially by Bureau van Dijk Electronic Publishing (BvD). The ORBIS database provides data on firms' financial and productive activities from balance sheets and income statements together with detailed information on firms' domestic and international ownership structure for over 130 million companies across the world. Researchers need to overcome several challenges before making the database usable for research. First, the database is not designed for large downloads that is essential for an econometric analysis. Second, there are several inherent biases in the database that affect the download process and lead to missing information. Third, the raw data may contain a number of irregularities which, if not dealt with, will result in data loss during a standard cleaning procedure. In combination, these issues cause minimal coverage of small firms, extensive missing data, and poor national representation. We give detailed instructions on the data gathering process from ORBIS in terms of downloading methodology and cleaning procedure so that a researcher can construct a database that is nationally representative with minimal missing information. We provide examples from several European countries to present the process and discuss the resulting dataset in detail.}, - keywords={}, - doi={}, -} -@book{NBEReich-4, - title = "NBER Macroeconomics Annual 2017, volume 32", - author = "Martin S. Eichenbaum and Jonathan Parker", - institution = "National Bureau of Economic Research", - type = "Book", - publisher = "University of Chicago Press", - year = "2017", - URL = "http://www.nber.org/books/eich-4", -} - -@article{lebaron2006agent, - title={Agent-based computational finance}, - author={LeBaron, Blake}, - journal={Handbook of computational economics}, - volume={2}, - pages={1187--1233}, - year={2006}, - publisher={Elsevier} -} - -@article{qiu2017limited, - title={Limited individual attention and online virality of low-quality information}, - author={Qiu, Xiaoyan and Oliveira, Diego FM and Shirazi, Alireza Sahami and Flammini, Alessandro and Menczer, Filippo}, - journal={Nature Human Behavior}, - volume={1}, - pages={0132}, - year={2017} -} - -@article{epstein2009modelling, - title={Modelling to contain pandemics}, - author={Epstein, Joshua M}, - journal={Nature}, - volume={460}, - number={7256}, - pages={687--687}, - year={2009}, - publisher={Nature Publishing Group} -} -@article{gafhcghpyGetting, - title={Getting at systemic risk via an agent-based model of the housing market}, - author={Geanakoplos, John and Axtell, Robert and Farmer, Doyne J and Howitt, Peter and Conlee, Benjamin and Goldstein, Jonathan and Hendrey, Matthew and Palmer, Nathan M and Yang, Chun-Yi}, - journal={The American Economic Review}, - volume={102}, - number={3}, - pages={53--58}, - year={2012}, - publisher={American Economic Association} -} - -@article{bfhltuMacroprudential, - title={Macroprudential policy in an agent-based model of the UK housing market}, - author={Baptista, Rafa and Farmer, J Doyne and Hinterschweiger, Marc and Low, Katie and Tang, Daniel and Uluc, Arzu}, - journal={Bank of England Staff Working Paper No. 619: Macroprudential policy in an agent-based model of the UK housing market - Rafa Baptista, J Doyne Farmer, Marc Hinterschweiger, Katie Low, Daniel Tang and Arzu Uluc}, - year={2016} -} - -@article{bdksLeverage, - title={House Price Beliefs and Mortgage Leverage Choice}, - author={Bailey, Michael C and D{\'a}vila, Eduardo and Kuchler, Theresa and Stroebel, Johannes}, - journal={Manuscript}, - year={2017} -} - -@article{reiterSolving, - title = {Solving heterogeneous-agent models by projection and perturbation}, - volume = {33}, - number = {3}, - journal = {Journal of Economic Dynamics and Control}, - author = {Reiter, Michael}, - month = mar, - year = {2009}, - pages = {649--665}, -} - -@techreport{reiterApproximate, - title = {Approximate and {Almost}-{Exact} {Aggregation} in {Dynamic} {Stochastic} {Heterogeneous}-{Agent} {Models}}, - number = {258}, - institution = {Institute for Advanced Studies}, - author = {Reiter, Michael}, - month = oct, - year = {2010}, -} - - -@article{summersWolf2, - author = {Summers, Lawrence H.}, - journal = {Financial Times interview}, - note = {\url{http://larrysummers.com/commentary/speeches/brenton-woods-speech/}}, - title = {Larry Summers and Martin Wolf on New Economic - Thinking}, - year = {2011}, - url = {http://larrysummers.com/commentary/speeches/brenton-woods-speech/}, -} - -@article{akerlofMMM, - author = {Akerlof, George A.}, - journal = {American Economic Review}, - note = {\url{https://www.aeaweb.org/articles?id=10.1257/aer.97.1.5}}, - number = {1}, - pages = {5--36}, - title = {The Missing Motivation in Macroeconomics}, - volume = {97}, - year = {2007}, - url = {https://www.aeaweb.org/articles?id=10.1257/aer.97.1.5}, -} - -@article{shillerTeach, - author = {Shiller, Robert J.}, - journal = {Journal of Economic Education}, - number = {4}, - pages = {403--09}, - title = {How Should the Financial Crisis Change How We Teach Economics?}, - volume = {41}, - year = {2010}, -} - -@article{stock_confidence_1991, - title = {Confidence intervals for the largest autoregressive root in {U}.{S}. macroeconomic time series}, - volume = {28}, - url = {http://econpapers.repec.org/article/eeemoneco/v_3a28_3ay_3a1991_3ai_3a3_3ap_3a435-459.htm}, - number = {3}, - journal = {Journal of Monetary Economics}, - author = {Stock, James}, - year = {1991}, - pages = {435--459}, -} - -@article{tokuoka2013saving, - title={Saving response to unemployment of a sibling}, - author={Tokuoka, Kiichi}, - journal={Journal of Economic Behavior and Organization}, - volume={89}, - pages={58--75}, - year={2013}, - publisher={Elsevier} -} - - -@article{lmpPermShocks, - title={Wage risk and employment risk over the life cycle}, - author={Low, Hamish and Meghir, Costas and Pistaferri, Luigi}, - journal={The American economic review}, - volume={100}, - number={4}, - pages={1432--1467}, - year={2010}, - publisher={American Economic Association} -} - -@techreport{gkosData, - title={What do data on millions of US workers reveal about life-cycle earnings risk?}, - author={Guvenen, Fatih and Karahan, Fatih and Ozkan, Serdar and Song, Jae}, - year={2015}, - institution={National Bureau of Economic Research} -} - -@article{bsDigustibus, - title={De gustibus non est disputandum}, - author={Stigler, George J and Becker, Gary S}, - journal={The American Economic Review}, - volume={67}, - number={2}, - pages={76--90}, - year={1977}, - publisher={JSTOR} -} - -@techreport{blanchardDSGE, - title={Do DSGE Models Have a Future?}, - author={Blanchard, Olivier}, - year={2016}, - note={Available at \href{https://piie.com/system/files/documents/pb16-11.pdf}{https://piie.com/system/files/documents/pb16-11.pdf}}, - url={https://piie.com/system/files/documents/pb16-11.pdf}, - institution={Petersen Institute for International Economics} -} - -@techreport{haldaneDappled, - title={The Dappled World}, - author={Haldane, Andy}, - year={2016}, - note={Available at \href{http://www.bankofengland.co.uk/publications/Pages/speeches/2016/937.aspx}{http://www.bankofengland.co.uk/publications/Pages/speeches/2016/937.aspx}}, - url={http://www.bankofengland.co.uk/publications/Pages/speeches/2016/937.aspx}, - journal={Speech Given at GLS Shackle Biennial Memorial Lecture}, - institution={Bank of England}, - month={November} -} - - -@article{auclertMPC, - title={Monetary policy and the redistribution channel}, - author={Auclert, Adrien}, - journal={Unpublished manuscript}, - year={2015} -} - -@misc{yellenHetero, - url={https://www.federalreserve.gov/newsevents/speech/yellen20161014a.htm}, - note={Available at \href{https://www.federalreserve.gov/newsevents/speech/yellen20161014a.htm}{https://www.federalreserve.gov/newsevents/speech/yellen20161014a.htm}}, - author = {Yellen, Janet}, - journal = {At \emph{The Elusive `Great' Recovery: Causes and Implications for Future Business Cycle Dynamics} 60th annual economic conference sponsored by the Federal Reserve Bank of Boston, Boston, Massachusetts}, - title = {Macroeconomic Research After the Crisis}, - year={2016}, - month={October}, - day={16} -} - -October 14, 2016 - - -Chair Janet L. Yellen - -At "The Elusive 'Great' Recovery: Causes and Implications for Future Business Cycle Dynamics" 60th annual economic conference sponsored by the Federal Reserve Bank of Boston, Boston, Massachusetts - -@misc{coeureHetero, - author={Coeure, Benoit}, - title={The relevance of household-level data for monetary policy and financial stability analysis}, - url = {http://www.ecb.europa.eu/press/key/date/2013/html/sp131017.en.html}, - journal={Opening Remarks Delivered at ECB Conference on Household Finance and Consumption}, - year = {2013}, - month= {October}, - day = {17}, - notes = {Available at \href{http://www.ecb.europa.eu/press/key/date/2013/html/sp131017.en.html}{http://www.ecb.europa.eu/press/key/date/2013/html/sp131017.en.html}} -} - - -@ARTICLE{ElizabethWhy, - author = {Elizabeth, Queen~of~England}, - title = {The economic forecasters' failing vision}, - journal = {Financial Times}, - year = 2008, - note = {https://www.ft.com/content/50007754-ca35-11dd-93e5-000077b07658}, - date = {November 25, 2008}, - url = {https://www.ft.com/content/50007754-ca35-11dd-93e5-000077b07658} -} - -@techreport{akmwwInequality-Discuss, - author = {Christopher D. Carroll and Edmund Crawley}, - title = {Discussion of `When Inequality Matters for Macro and Macro Matters for Inequality'}, - year = {2017}, - journal = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - institution = {NBER}, - url = {https://www.econ2.jhu.edu/people/ccarroll/discuss/2017-04_NBER_Macro-Annual/akmwwInequality/} -} - -@article{akmwwInequality, - title = {When Inequality Matters for Macro and Macro Matters for Inequality}, - author = {SeHyoun Ahn and Greg Kaplan and Benjamin Moll and Thomas Winberry and Christian Wolf}, - journal = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 2017, - editor = {Jonathan Parker and Martin S. Eichenbaum, Organizers}, - volume = 32, - url = {http://www.princeton.edu/~moll/WIMM.pdf}, - address = {Cambridge, MA}, -} - - -@ARTICLE{infrastructureNYT, - author = {Jennifer Steinhauer}, - title = {Republicans Now Marching With Trump on Ideas They Had Opposed}, - journal = {New York Times}, - year = 2017, - month = {January}, - day = {27}, - note = {\url{https://www.nytimes.com/2017/01/26/us/politics/trump-republican-retreat.html}}, - url = {\url{https://www.nytimes.com/2017/01/26/us/politics/trump-republican-retreat.html}}, -} - -@techreport{amkstPuzzle, - title = "Late-in-Life Risks and the Under-Insurance Puzzle", - author = "John Ameriks and Joseph Briggs and Andrew Caplin and Matthew D. Shapiro and Christopher Tonetti", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "22726", - year = "2016", - month = "October", - doi = {10.3386/w22726}, - URL = "http://www.nber.org/papers/w22726", - abstract = {Individuals face significant late-in-life risks, including needing long-term care (LTC). Yet, they hold little long-term care insurance (LTCI). Using both “strategic survey questions,” which identify preferences, and stated demand questions, this paper investigates the degree to which a fundamental lack of interest and poor product features determine low LTCI holdings. It estimates a rich set of individual-level preferences and uses a life-cycle model to predict insurance demand, finding that better insurance would be far more widely held than are products in the market. Comparing stated and model-predicted demand shows that flaws in existing products provide a significant, but partial, explanation for this under-insurance puzzle.}, -} - -@article{fjFutureGrowth, -Author = {Fernald, John G. and Jones, Charles I.}, -Title = {The Future of US Economic Growth}, -Journal = {American Economic Review}, -Volume = {104}, -Number = {5}, -Year = {2014}, -Month = {May}, -Pages = {44-49}, -DOI = {10.1257/aer.104.5.44}, -URL = {http://www.aeaweb.org/articles?id=10.1257/aer.104.5.44}, -notes = {Available at {http://web.stanford.edu/~chadj/FernaldJones2014.pdf}} -} - -@techreport{kocherlakotaTrouble, - author = {Kocherlakota, Narayana}, - title = {Thoughts on `The Trouble With Macroeconomics'}, - url = {https://sites.google.com/site/kocherlakota009/home/research/9-15-16}, - note = {\url{https://sites.google.com/site/kocherlakota009/home/research/9-15-16}}, - month = {September}, - year = {2016}, - institution = {Kocherlakota Blog} -} - -@ARTICLE{caballeroPretense, - author = {Caballero, Ricardo J.}, - title = {Macroeconomics after the Crisis: Time to Deal with - the Pretense-of-Knowledge Syndrome}, - journal = {Journal of Economic Perspectives}, - year = 2010, - volume = 24, - pages = {85--102}, - number = 4, - note = {\url{http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.24.4.85}}, - doi = {10.1257/jep.24.4.85}, - url = {http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.24.4.85} -} - - -@techreport{romerTrouble, - author = {Romer, Paul}, - title = {The Trouble With Macroeconomics}, - url = {https://paulromer.net/wp-content/uploads/2016/09/WP-Trouble.pdf}, - year = {2016}, - month = {September}, - institution = {\url{http://paulromer.net}}, - note = {Available at \url{https://paulromer.net/wp-content/uploads/2016/09/WP-Trouble.pdf}}, -} - -@techreport{keynesMaster, - author = {Keynes, John Maynard}, - title = {The Collected Writings of John Maynard Keynes}, - volume = {X}, - year = {1972}, - publisher = {Royal Economic Society}, - url = {http://www.goodreads.com/quotes/798690-the-master-economist-must-possess-a-rare-combination-of-gifts}, - note = {\url{http://www.goodreads.com/quotes/798690-the-master-economist-must-possess-a-rare-combination-of-gifts}} -} - -@techreport{dkpQE, - title = "How Quantitative Easing Works: Evidence on the Refinancing Channel", - author = "Marco {Di Maggio} and Amir Kermani and Christopher Palmer", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "22638", - year = "2016", - month = "September", - doi = {10.3386/w22638}, - URL = "http://www.nber.org/papers/w22638", - abstract = {Despite massive large-scale asset purchases (LSAPs) by central banks around the world since the global financial crisis, there is a lack of empirical evidence on whether and how these programs affect the real economy. Using rich borrower-linked mortgage-market data, we document that there is a “flypaper effect” of LSAPs, where the transmission of unconventional monetary policy to interest rates and (more importantly) origination volumes depends crucially on the assets purchased and degree of segmentation in the market. For example, QE1, which involved significant purchases of GSE-guaranteed mortgages, increased GSE-eligible mortgage originations significantly more than the origination of GSE-ineligible mortgages. In contrast, QE2's focus on purchasing Treasuries did not have such differential effects. We find that the Fed's purchase of MBS (rather than exclusively Treasuries) during QE1 resulted in an additional \$600 billion of refinancing, substantially reduced interest payments for refinancing households, led to a boom in equity extraction, and increased refinancing mortgagors’ consumption by an additional \$76 billion. This de facto allocation of credit across mortgage market segments, combined with sharp bunching around GSE eligibility cutoffs, establishes an important complementarity between monetary policy and macroprudential housing policy. Our counterfactual simulations estimate that relaxing GSE eligibility requirements would have significantly increased refinancing activity in response to QE1, including a 20\% increase in equity extraction by households. Overall, our results imply that central banks could most effectively provide unconventional monetary stimulus by supporting the origination of debt that would not be originated otherwise.}, - } - -@article{grodzickiCCC, - title={The Evolution of Competition in the Credit Card Market}, - author={Grodzicki, Daniel}, - journal={The Pennsylvania State University}, - year={2015} - } - -@article{ausubelFailure, - title={The failure of competition in the credit card market}, - author={Ausubel, Lawrence M}, - journal={The American Economic Review}, - pages={50--81}, - year={1991}, - publisher={JSTOR} - } - -@article{pikettyCapital, - title={Capital in the twenty-first century}, - author={Piketty, Thomas}, - journal={Cambridge, MA, London}, - year={2014} - } - -@article{rognliePiketty, -author ={Rognlie, Matthew}, -title = {A Note on Piketty and Diminishing Returns to Capital}, -url = {http://www.mit.edu/~mrognlie/piketty_diminishing_returns.pdf}, -journal = {Under revision, Brookings Papers on Economic Activity}, -year = {2014}, -} - -@article{Piketty_Saez2003, - author = {Thomas Piketty and Emmanuel Saez}, - journal = {Quarterly Journal of Economics}, - number = {1}, - pages = {1--39}, - title = {Income Inequality in the United States, 1913--1998}, - volume = {118}, - year = {2003}, -} - - -@TECHREPORT{fgmpReturns, -title = {Heterogeneity in Returns to Wealth and the Measurement of Wealth Inequality}, -author = {Fagereng, Andreas and Luigi Guiso and Davide Malacrino and Luigi Pistaferri}, -year = 2016, -institution = {Einaudi Institute for Economics and Finance (EIEF)}, -type = {EIEF Working Papers Series}, -number = {16/1}, -url = {http://www.eief.it/files/2016/01/wp-01-heterogeneity-in-returns-to-wealth-and-the-measurement-of-wealth-inequality.pdf}, -note = {Available at \url{http://llorracc.net/cited/fgmpReturns}} -} - - -@techreport{ghosDespiteUzawa, - title = "Balanced Growth Despite Uzawa", - author = "Gene M. Grossman and Elhanan Helpman and Ezra Oberfield and Thomas Sampson", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "21861", - year = "2016", - month = "January", - doi = {10.3386/w21861}, - URL = "http://www.nber.org/papers/w21861", - abstract = {The evidence for the United States points to balanced growth despite falling investment-good prices and an elasticity of substitution between capital and labor less than one. This is inconsistent with the Uzawa Growth Theorem. We extend Uzawa's theorem to show that the introduction of human capital accumulation in the standard way does not resolve the puzzle. However, balanced growth is possible if schooling is endogenous and capital is more complementary with schooling than with raw labor. We describe balanced growth paths for a variety of neoclassical growth models with capital-augmenting technological progress and endogenous schooling. The balanced growth path in an overlapping-generations model in which individuals choose the duration of their education matches key features of the U.S. economic record.}, -} -@article{WhiteENDG, -author = "Matthew N. White", -title = "The Method of Endogenous Gridpoints in Theory and Practice", -year = "2015", -journal = "Journal of Economic Dynamics and Control", -volume = "60", -pages = "26-41", -url = {http://dx.doi.org/10.1016/j.jedc.2015.08.001}, -doi = {10.1016/j.jedc.2015.08.001}, -notePri = {http://llorracc.net/papers/WhiteENDG} -} - - -@TechReport{cpHetero, - Title = {The Heterogeneous-Agent Computational toolKit: An Extensible Framework for Solving and Estimating Heterogeneous-Agent Models}, - Author = {Carroll, Christopher D and Palmer, Nathan M}, - Institution = {Johns Hopkins University and Office of Financial Research}, - Journal = {Computing in Economics and Finance 2015, Taipei, Taiwan}, - Year = 2015, - Month = {June}, - url = {https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=CEF2015&paper_id=523}, - note = {Available at \url{https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=CEF2015&paper_id=523}}, - } - -@article{rodrikRules, - author= {Rodrik, Dani}, - title = {Economics Rules}, - url = {https://www.youtube.com/watch?feature=youtu.be&t=29m&v=Yxbcb7hxZP0&app=desktop}, - note = {Available at \href{https://www.youtube.com/watch?feature=youtu.be&t=29m&v=Yxbcb7hxZP0&app=desktop}{YouTube}}, - journal = {YouTube}, - year = {2015} -} - - - -@article{samuelson1937note, - title={A note on measurement of utility}, - author={Samuelson, Paul A}, - journal={The Review of Economic Studies}, - volume={4}, - number={2}, - pages={155--161}, - year={1937}, - publisher={JSTOR} - } - - -@article{samuelson1979we, - title={Why we should not make mean log of wealth big though years to act are long}, - author={Samuelson, Paul A}, - journal={Journal of Banking and Finance}, - volume={3}, - number={4}, - pages={305--307}, - year={1979}, - publisher={Elsevier}, - doi= {http://dx.doi.org/10.1016/0378-4266(79)90023-2} - } - -@article{BueraShin2009, - title={Productivity Growth and Capital Flows: The Dynamics of Reform}, - author={Buera, Francisco and Yongseok Shin}, - journal={NBER Working Paper 15268}, - year={2009} -} - -@article{Benhima2013, - title={A Reappraisal of the Allocation Puzzle through the Portfolio Approach}, - author={Benhima, Kenza}, - journal={Journal of international Economics}, - volume={89}, - number={2}, - pages={331--346}, - year={2013}, - publisher={Elsevier} -} - - -@article{BachettaBenhima2015, - title={The Demand for Liquid Assets, Corporate Saving and Global Imbalances}, - author={Bacchetta, Philippe and Kenza Benhima}, - journal={Journal of the European Economic Association}, - volume={forthcoming}, - year={2015} -} - -@misc{deatonStateCapacity, - author = {Angus Deaton}, - title = {Weak States, Poor Countries}, - journal = {Project Syndicate}, - year = {2013}, - url = {http://www.project-syndicate.org/commentary/economic-development-requires-effective-governments-by-angus-deaton}, - note = {Available at \texttt{\href{http://www.project-syndicate.org/commentary/economic-development-requires-effective-governments-by-angus-deaton}{Project Syndicate}}} - } - -@book{brynjolfsson2014second, - title={The second machine age: work, progress, and prosperity in a time of brilliant technologies}, - author={Brynjolfsson, Erik and McAfee, Andrew}, - year={2014}, - publisher={WW Norton \& Company} - } - - -@techreport{assMiddleClass, - title = "Loan Originations and Defaults in the Mortgage Crisis: The Role of the Middle Class", - author = "Manuel Adelino and Antoinette Schoar and Felipe Severino", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "20848", - year = "2015", - month = "January", - doi = {10.3386/w20848}, - URL = "http://www.nber.org/papers/w20848", - abstract = {We provide new facts on the debt dynamics leading up to the financial crisis of 2007. Earlier research suggests that distortions in the supply of mortgage credit, evidenced by a decoupling of credit flow from income growth, may have caused the rise in house prices and the subsequent housing market collapse. This paper shows that the increase in mortgage originations was shared across the whole distribution of borrowers, and that middle- and high-income borrowers made up the majority of originations even at the peak of the boom. Compared to prior years, middle- and high-income borrowers (not the poor), as well as those with medium and high credit scores, made up a much larger share of delinquencies in the crisis relative to earlier years. We show that the relation between individual mortgage size and income growth during the housing boom was always strongly positive, also in line with previous periods (and independent of how income is measured). These results are most consistent with an expectations based view of the financial crisis in which both homebuyers and lenders were buying into increasing housing values and defaulted once prices dropped. }, - } - -@TECHREPORT{aydinMPCLiq, -title = {The Marginal Propensity to Consume out of Liquidity}, -author = {Aydin, Deniz}, -year = {2015}, -institution = {Stanford Institute for Economic Policy Research}, -type = {Discussion Papers}, -number = {15-010}, -abstract = {This paper presents novel tests of competing models of intertemporal consumption behavior using unique European administrative panel data on income, spending and assets. I estimate the marginal propensity to consume (MPC) out of ‘liquidity’ -the debt response to a change in borrowing capacity- using changes in credit card limits in a randomized controlled trial implemented in September 2014 involving fifty-five thousand individuals. I obtain four empirical results: First, borrowing constraints change consumption dynamics even when they are not strictly binding. Two-thirds of the population accumulate a significant average of 20 cent of debt per dollar limit increase, relative to the control group. Second, the heterogeneity of the MPC is exclusively in line with precautionary models, a decreasing function of cash-on-hand. Third, the debt response to liquidity and credit card utilization are stationary. Fourth, additional liquidity is spent mostly on durables and services using installments, with a smaller fraction spent on non-durables and taken out as cash advances. I then use a workhorse Bewley model with realistic income risk and show that the joint dynamics of consumption, debt and the balance sheet in response to a change in borrowing constraints can be used to calibrate and test intertemporal models. Debt response to liquidity shocks identifies preference parameters via a simulated moments estimator. Hump-shaped debt response and mean-reverting credit card utilization are not consistent with myopia as the underlying preferences.}, -keywords = {consumption; debt; borrowing con- straints; precautionary saving; permanent income hypothesis; field experiment.}, -url = {http://EconPapers.repec.org/RePEc:sip:dpaper:15-010}, -notePri = {http://llorracc.net/aydinMPCLiq.pdf} -} - -@article{agarwalQuianSingaporeMPC, - author = {Sumit Agarwal and Wenlan Qian}, - journal = {American Economic Review}, - title = {Consumption and Debt Response to Unanticipated - Income Shocks: Evidence from a Natural Experiment in - Singapore}, - volume = 104, - number = 12, - year = 2014, - pages = {4205--4230}, -} - -@misc{SSLifeTables, - title = {Actuarial Life Table}, - author = {{Social Security Administration}}, - year = 2010, - note = {available at - \url{http://www.ssa.gov/oact/STATS/table4c6.html}}, -} - - -@inbook{WhyDoRichSaveNoURL, - author = {Christopher D. Carroll}, - editor = {Joel B. Slemrod}, - title = {Does Atlas Shrug? The Economic Consequences of - Taxing the Rich}, - year = 2000, - chapter = 14, - pages = {465--484} -} - - -@inproceedings{WhyDoRichSave, - author = {Christopher D. Carroll}, - booktitle = {Does Atlas Shrug? The Economic Consequences of Taxing the Rich}, - editor = {Joel B. Slemrod}, - publisher = {Harvard University Press}, - title = {Why Do the Rich Save So Much?}, - chapter = 14, - year = {2000}, - url = {https://www.econ2.jhu.edu/people/ccarroll/Why.pdf}, -} - -@article{ksHeteroPort, - author = {Krusell, Per and Smith, Anthony A.}, - journal = {Macroeconomic Dynamics}, - number = 2, - pages = {387--422}, - title = {Income and Wealth Heterogeneity, Portfolio Choice - and Equilibrium Asset Returns}, - volume = 1, - year = 1997, -} - -@Article{heathcote_fiscalPolicy, - author = {Jonathan Heathcote}, - title = {Fiscal Policy with Heterogeneous Agents and - Incomplete Markets}, - journal = {Review of Economic Studies}, - year = 2005, - volume = 72, - number = 1, - pages = {161--188}, -} - - -@article{kaplanViolanteWeidner_wealthyH2M, - author = {Violante, Gianluca and Kaplan, Greg and Weidner, Justin}, - journal = {Brookings Papers on Economic Activity}, - pages = {77--138}, - title = {The Wealthy Hand-to-Mouth}, - volume = {Spring}, - year = {2014}, -abstract = {The wealthy hand-to-mouth are households who hold little or no liquid wealth (e.g. cash, checking, and saving accounts), despite owning sizable amounts of illiquid assets (i.e., assets that carry a transaction cost, such as housing, large durables, or retirement accounts). This portfolio configuration implies that these households have large marginal propensities to consume out of small income changes –a key determinant of the macroeconomic effects of fiscal policy. The wealthy hand-to-mouth, therefore, behave in many respects like households with little or no net worth, yet they escape standard definitions (and empirical measurements) of hand-to-mouth agents based on net worth. We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and Spain to document the share of such households across countries, their demographic characteristics, the composition of their balance sheet, and the persistence of hand-to-mouth status over the life cycle. Finally, we discuss the implications of this group of consumers for macroeconomic modelling and policy analysis.}, -} - - -@TECHREPORT{kaplanViolanteWeidner_wealthyH2M_SED, -title = {The Wealthy Hand-to-Mouth}, -author = {Violante, Gianluca and Kaplan, Greg and Weidner, Justin}, -year = {2014}, -institution = {Society for Economic Dynamics}, -type = {2014 Meeting Papers}, -number = {192}, -abstract = {The wealthy hand-to-mouth are households who hold little or no liquid wealth (e.g. cash, checking, and saving accounts), despite owning sizable amounts of illiquid assets (i.e., assets that carry a transaction cost, such as housing, large durables, or retirement accounts). This portfolio configuration implies that these households have large marginal propensities to consume out of small income changes –a key determinant of the macroeconomic effects of fiscal policy. The wealthy hand-to-mouth, therefore, behave in many respects like households with little or no net worth, yet they escape standard definitions (and empirical measurements) of hand-to-mouth agents based on net worth. We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and Spain to document the share of such households across countries, their demographic characteristics, the composition of their balance sheet, and the persistence of hand-to-mouth status over the life cycle. Finally, we discuss the implications of this group of consumers for macroeconomic modelling and policy analysis.}, -url = {http://EconPapers.repec.org/RePEc:red:sed014:192} -} - - -@techreport{coronadoEtAl, - author = {Coronado, Julia Lynn and Lupton, Joseph P. and - Sheiner, Louise M.}, - institution = {Federal Reserve Board}, - number = 32, - type = {FEDS discussion paper}, - title = {The Household Spending Response to the 2003 Tax Cut: - Evidence from Survey Data}, - year = 2005, -} - -@Article{ssBang, - author = {Matthew D. Shapiro and Joel Slemrod}, - title = {Did the 2008 Tax Rebates Stimulate Spending?}, - journal = {American Economic Review}, - year = 2009, - volume = 99, - number = 2, - pages = {374--79}, - month = {May}, - abstract = {Only one-fifth of respondents to a rider on the - University of Michigan Survey Research Center's - Monthly Survey said that the 2008 tax rebates would - lead them to mostly increase spending. Almost half - said the rebate would mostly lead them to pay off - debt, while about a third saying it would lead them - mostly to save more. The survey responses imply that - the aggregate propensity to spend from the rebate - was about one-third, and that there would not be - substantially more spending as a lagged effect of - the rebates. Because of the low spending propensity, - the rebates in 2008 provided low \"bang for the - buck\" as economic stimulus. Putting cash into - the hands of the consumers who use it to save or pay - off debt boosts their well-being, but it does not - necessarily make them spend. Low-income individuals - were particularly likely to use the rebate to pay - off debt.

    (This abstract was borrowed from another - version of this item.)}, - url = - {http://ideas.repec.org/a/aea/aecrev/v99y2009i2p374-79.html} -} - -@techreport{pseIncDistributionAndC, - author = {Luigi Pistaferri and Itay Saporta-Eksten}, - institution = {Ministry of Economy and Finance, Italy}, - number = 11, - type = {working paper}, - title = {Changes in the Income Distribution and Aggregate - Consumption}, - year = 2012, -} - -@techreport{mcKayPapp:wageRiskOverBC, - author = {McKay, Alisdair and Papp, Tamas}, - institution = {Boston University}, - number = 28, - type = {working paper}, - title = {Accounting for Idiosyncratic Wage Risk Over the - Business Cycle}, - year = 2011, -} - -@article{brickerEtAl:SCF2010, - author = {Bricker, Jesse and Kennickell, Arthur B. and Moore, - Kevin B. and Sabelhaus, John}, - institution = {Board of Governors of the Federal Reserve System}, - journal = {Federal Reserve Bulletin}, - month = {June}, - number = 2, - pages = {1--80}, - title = {Changes in U.S. Family Finances from 2007 to 2010: - Evidence from the Survey of Consumer Finances}, - volume = 98, - year = 2012, -} - -@article{brickerEtAl:topWealth, - author = {Bricker, Jesse and Henriques, Alice M. and Krimmel, Jacob and Sabelhaus, John}, - journal = {Brookings Papers on Economic Activity}, - pages = {261--321}, - title = {Measuring Income and Wealth at the Top Using Administrative and Survey Data}, - volume = {Spring}, - year = {2016}, - abstract={Administrative tax data indicate that U.S. top income and wealth shares are substantial and increasing rapidly (Piketty and Saez 2003, Saez and Zucman 2014). A key reason for using administrative data to measure top shares is to overcome the under-representation of families at the very top that plagues most household surveys. However, using tax records alone restricts the unit of analysis for measuring economic resources, limits the concepts of income and wealth being measured, and imposes a rigid correlation between income and wealth. The Survey of Consumer Finances (SCF) solves the under-representation problem by combining administrative and survey data (Bricker et al, 2014). Administrative records are used to select the SCF sample and verify that high-end families are appropriately represented, and the survey is designed to measure comprehensive concepts of income and wealth at the family level. The SCF shows high and rising top income and wealth shares, as in the ad ministrative tax data. However, unadjusted, the levels and growth based on administrative tax data alone appear to be substantially larger. By constraining the SCF to be conceptually comparable, we reconcile the differences, and show the extent to which restrictions and rigidities needed to estimate top income and wealth shares in the administrative data bias up levels and growth rates.}, - keywords={Administrative data; survey data; top income shares; top wealth shares}, -} - -@TechReport{brickerEtAl:topWealthWP, - author={Bricker, Jesse and Henriques, Alice M. and Krimmel, Jacob and Sabelhaus, John}, - title={Measuring Income and Wealth at the Top Using Administrative and Survey Data}, - year=2015, - month=Apr, - institution={Board of Governors of the Federal Reserve System}, - type={Finance and Economics Discussion Series}, - number={2015-30}, - abstract={Administrative tax data indicate that U.S. top income and wealth shares are substantial and increasing rapidly (Piketty and Saez 2003, Saez and Zucman 2014). A key reason for using administrative data to measure top shares is to overcome the under-representation of families at the very top that plagues most household surveys. However, using tax records alone restricts the unit of analysis for measuring economic resources, limits the concepts of income and wealth being measured, and imposes a rigid correlation between income and wealth. The Survey of Consumer Finances (SCF) solves the under-representation problem by combining administrative and survey data (Bricker et al, 2014). Administrative records are used to select the SCF sample and verify that high-end families are appropriately represented, and the survey is designed to measure comprehensive concepts of income and wealth at the family level. The SCF shows high and rising top income and wealth shares, as in the ad ministrative tax data. However, unadjusted, the levels and growth based on administrative tax data alone appear to be substantially larger. By constraining the SCF to be conceptually comparable, we reconcile the differences, and show the extent to which restrictions and rigidities needed to estimate top income and wealth shares in the administrative data bias up levels and growth rates.}, - keywords={Administrative data; survey data; top income shares; top wealth shares}, - doi={}, -} - - -@article{dsSecular, - title = {Fiscal Policy in a Depressed Economy [with Comments - and Discussion]}, - author = {DeLong, J Bradford and Summers, Lawrence H}, - journal = {Brookings Papers on Economic Activity}, - pages = {233--297}, - year = 2012, - publisher = {JSTOR} -} - -@Article{diamondOLG, - Title = {National Debt in a Neoclassical Growth Model}, - Author = {Diamond, Peter A.}, - Journal = {American Economic Review}, - Year = 1965, - Month = {December}, - Note = {\url{http://www.jstor.org/stable/1809231}}, - Pages = {1126--1150}, - Volume = 55, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1809231} -} - -@Article{diamond:olg, - Title = {National Debt in a Neoclassical Growth Model}, - Author = {Diamond, Peter A.}, - Journal = {American Economic Review}, - Year = 1965, - Month = {December}, - Note = {\url{http://www.jstor.org/stable/1809231}}, - Pages = {1126--1150}, - Volume = 55, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1809231} -} - -@article{jappelliPistaferri:IncomeItaly, - author = {Tullio Jappelli and Luigi Pistaferri}, - journal = {Review of Economic Dynamics}, - number = 1, - pages = {133--153}, - title = {Does Consumption Inequality Track Income Inequality - in Italy?}, - volume = 13, - year = 2010, -} - -@article{pijoanSanchez:IncomeSpain, - author = {Josep Pijoan-Mas and Virginia Sanchez-Marcos}, - journal = {Review of Economic Dynamics}, - number = 1, - pages = {154--178}, - title = {Spain Is Different: Falling Trends of Inequality}, - volume = 13, - year = 2010, -} - -@article{albarranEtAl:IncomeSpain, - author = {Pedro Albarran and Raquel Carrasco and Maite - Martinez-Granado}, - journal = {Oxford Bulletin of Economics and Statistics}, - number = 4, - pages = {491--518}, - title = {Inequality for Wage Earners and Self-Employed: - Evidence from Panel Data}, - volume = 71, - year = 2009, -} - -@techreport{rostamAfscharYao, - author = {Davud Rostam-Afschar and Jiaxiong Yao}, - type = {mimeo}, - title = {Taxation and Precautionary Savings over the Life - Cycle}, - year = 2013, - institution = {Johns Hopkins University} -} - -@techreport{yao:LaborIncomeRisks, - author = {Yao Yao}, - institution = {University of Mannheim}, - type = {mimeo}, - title = {Labor Income Risks in Germany}, - year = 2011, -} - -@techreport{hfcsFirstResults, - author = {{Eurosystem Household Finance and Consumption - Network}}, - institution = {European Central Bank}, - type = {Statistics Paper Series}, - number = 2, - title = {The Eurosystem Household Finance and Consumption - Survey -- First Results}, - year = 2013, - note = - {\url{http://www.ecb.europa.eu/pub/pdf/other/ecbsp2en.pdf}}, -} - -@techreport{hfcsMethReport, - author = {{Eurosystem Household Finance and Consumption - Network}}, - institution = {European Central Bank}, - type = {Statistics Paper Series}, - number = 1, - title = {The Eurosystem Household Finance and Consumption - Survey -- Methodological Report}, - year = 2013, - note = - {\url{http://www.ecb.europa.eu/pub/pdf/other/ecbsp1en.pdf}}, -} - -@article{souleles:responseToReaganCuts, - author = {Souleles, Nicholas S.}, - journal = {Journal of Public Economics}, - pages = {99--120}, - title = {Consumer Response to the Reagan Tax Cuts}, - volume = 85, - year = 2002, -} - -@techreport{johnsonEtAl:2003childTaxCredit, - author = {Johnson, David S. and Parker, Jonathan A. and - Souleles, Nicholas S.}, - institution = {The Wharton School}, - type = {working paper}, - title = {The Response of Consumer Spending to Rebates During - an Expansion: Evidence from the 2003 Child Tax - Credit}, - year = 2009, -} - -@article{red_xSectFacts, - author = {{Review of Economic Dynamics}}, - number = 1, - pages = {1--264}, - note = {edited by by Dirk Krueger, Fabrizio Perri, Luigi - Pistaferri and Giovanni L. Violante}, - title = {Special Issue: Cross-Sectional Facts for - Macroeconomists}, - volume = 13, - year = 2010 -} - -@book{Deaton2006, - added-at = {2009-08-21T12:19:46.000+0200}, - address = {Baltimore, MD}, - author = {Deaton, {Angus}}, - biburl = - {http://www.bibsonomy.org/bibtex/26f2f87784d59d86af8c471e5857865a0/fbw_hannover}, - edition = {3. printing}, - interhash = {7c53d5852b508cc472d541bc99f54519}, - intrahash = {6f2f87784d59d86af8c471e5857865a0}, - isbn = 0801852544, - pagetotal = {VIII, 479}, - ppn_gvk = 485128217, - publisher = {Johns Hopkins Univ. Press}, - subtitle = {a microeconometric approach to development policy}, - timestamp = {2009-08-21T12:19:46.000+0200}, - title = {The analysis of household surveys}, - url = - {http://gso.gbv.de/DB=2.1/CMD?ACT=SRCHA&SRT=YOP&IKT=1016&TRM=ppn+485128217&sourceid=fbw_bibsonomy}, - year = 2000 -} - -@ARTICLE{mianSufi:aerBorrowing, - author = {Atif R. Mian and Amir Sufi}, - title = {House Prices, Home Equity-Based Borrowing, and the - {U.S.} Household Leverage Crisis}, - journal = {American Economic Review}, - pages = {2132--2156}, - year = 2011, - volume = 101, - owner = {Jirka}, - timestamp = {2011.01.14} -} - -@book{msScarcity, - title = {Scarcity: Why Having Too Little Means So Much}, - author = {Mullainathan, Sendhil and Shafir, Eldar}, - year = 2013, - publisher = {Macmillan} -} - -@inbook{engelCurve, - title = {Die productions- und consumptionsverh{\"a}ltnisse - des K{\"o}nigsreichs Sachsen}, - author = {Engel, Ernst}, - publisher = {C. Heinrich}, - address = {Dresden}, - year = 1857, - booktitle = {Die Lebenkosten Belgischer Arbeiter-Familien}, -} - -@book{dmConsumer, - author = {Deaton, Angus and John Muellbauer}, - title = {Economics and Consumer Behavior}, - publisher = {Cambridge University Press}, - year = 1980, - address = {New York} -} - -@TECHREPORT{deatonWorldBankReview, - author = {Deaton, Angus (Chair) and Abhijit Banerjee (MIT), - Nora Lustig (UNDP), and Kenneth Rogoff (Harvard.)}, - title = {{A}n {E}valuation of {W}orld {B}ank {R}esearch, 1998 - - 2005}, - year = 2012, - file = - {deatonWorldBankReview.pdf:deatonWorldBankReview.pdf:PDF}, - owner = {ccarroll}, - timestamp = {2013.05.27}, - url = - {http://siteresources.worldbank.org/DEC/Resources/84797-1109362238001/726454-1164121166494/RESEARCH-EVALUATION-2006-Main-Report.pdf} -} - -@TECHREPORT{deatonWorldBankReviewNotes, - author = {Deaton, Angus (Chair) and Abhijit Banerjee (MIT) and Nora Lustig (UNDP) and Kenneth Rogoff (Harvard.)}, - title = {{A}n {E}valuation of {W}orld {B}ank {R}esearch, 1998 - - 2005}, - year = 2012, - file = - {deatonWorldBankReview.pdf:deatonWorldBankReview.pdf:PDF}, - owner = {ccarroll}, - timestamp = {2013.05.27}, - url = - {http://siteresources.worldbank.org/DEC/Resources/84797-1109362238001/726454-1164121166494/RESEARCH-EVALUATION-2006-Main-Report.pdf} -} - -@BOOK{NBERwise11-2, - title = {{I}nvestigations in the {E}conomics of {A}ging}, - publisher = {University of Chicago Press}, - year = 2012, - author = {David A. Wise}, - institution = {National Bureau of Economic Research}, - type = {Book}, - url = {http://www.nber.org/books/wise11-2} -} - -@BOOK{Eminent, - title = {{E}minent {E}conomists {II}}, - publisher = {Cambridge University Press}, - year = 2014, - author = {Michael Szenberg and Lall Ramrattan}, - address = {Cambridge} -} - -@article{cartwrightRCTs, - author = {Nancy Cartwright}, - title = {Are RCTs the Gold Standard?}, - journal = {BioSocieties}, - volume = 2, - number = 1, - pages = {11--20}, - year = 2007 -} - -@article{onionLeisure, - author = {Zweibel, Herbert}, - year = 2005, - title = {180 Trillion Leisure Hours Lost To Work Last Year}, - url = - {http://www.theonion.com/articles/180-trillion-leisure-hours-lost-to-work-last-year,1282/}, - note = - {\url{http://www.theonion.com/articles/180-trillion-leisure-hours-lost-to-work-last-year,1282/}}, - journal = {The Onion} -} - -@article{stoneDemand, - author = {Stone, J.~R.~N.}, - title = {Linear Expenditure Systems and Demand Analysis: An - Application to the Pattern of British Demand}, - journal = {Economic Journal}, - year = 1954, - month = {Sep}, - pages = {511--27}, - volume = 64 -} - -@article{theilDemand, - author = {Theil, Henri}, - journal = {Econometrica}, - year = 1965, - volume = 33, - pages = {67--87}, - month = {Jan} -} - -@article{muellbauerAggregation, - jstor_articletype ={research-article}, - title = {Aggregation, Income Distribution and Consumer - Demand}, - author = {Muellbauer, John}, - journal = {The Review of Economic Studies}, - volume = 42, - number = 4, - jstor_formatteddate ={Oct., 1975}, - pages = {pp. 525-543}, - url = {http://www.jstor.org/stable/2296792}, - ISSN = 00346527, - language = {English}, - year = 1975, - publisher = {Oxford University Press}, - copyright = {Copyright © 1975 The Review of Economic Studies, - Ltd.}, -} - -@ARTICLE{delongSage, - author = {deLong, J.~Bradford}, - title = {This Time, It Is {\it Not} Different}, - journal = {Rethinking Finance: Perspectives on the Crisis}, - year = 2012, - note = {\url{http://www.russellsage.org/rethinking-finance}}, - file = {delongSage.pdf:delongSage.pdf:PDF}, - url = {http://www.russellsage.org/rethinking-finance} -} - -@MISC{HMD, - author = {\url{www.mortality.org}}, - title = {Human~Mortality~Database}, - howpublished = {University of California, Berkeley (USA), and Max - Planck Institute for Demographic Research - (Germany).}, - year = 2008, - note = {Available at {\url{www.mortality.org}}} -} - -@ARTICLE{aafMinWage, - author = {Aaronson, Daniel and Agarwal, Sumit and French, - Eric}, - title = {The Spending and Debt Response to Minimum Wage - Hikes}, - journal = {Federal Reserve Board of Chicago Working Paper}, - year = 2011, - volume = {2007-23}, - pages = 14 -} - -@INCOLLECTION{abm:parallel, - author = {Abdelkhalek, Ahmed and Bilas, Angelos and - Michaelides, Alexander}, - title = {Parallelization, Optimization, and Performance - Analysis of Portfolio Choice Models}, - booktitle = {Proceedings of the 30th International Conference on - Parallel Processing}, - year = 2001, - address = {Valencia, Spain}, - month = {September 3-7} -} - -@ARTICLE{abel:habitsinGE, - author = {Abel, Andrew B.}, - title = {Risk Premia and Term Premia in General Equilibrium}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 43, - pages = {3--33}, - number = 1, - month = {February} -} - -@ARTICLE{abel:aerhabits, - author = {Abel, Andrew B.}, - title = {Asset Prices under Habit Formation and Catching Up - with the Joneses}, - journal = {American Economic Review}, - year = 1990, - volume = 80, - pages = {38--42}, - number = 2, - month = May -} - -@ARTICLE{abel:q, - author = {Abel, Andrew B.}, - title = {A Dynamic Model of Investment and Capacity - Utilization}, - journal = {Quarterly Journal of Economics}, - year = 1981, - volume = 96, - pages = {379--403}, - number = 3 -} - -@Article{acemogluCrisis, - Title = {The Crisis of 2008: Structural Lessons For and From - Economics}, - Author = {Acemoglu, Daron}, - Journal = {Manuscript, MIT}, - Year = 2009, - Note = {See also the discussion at - \url{http://economistsview.typepad.com/economistsview/2009/01/acemoglu-the-mo.html}}, - Owner = {Nic Johnson}, - Url = {http://econ-www.mit.edu/files/3703} -} - -@ARTICLE{as94, - author = {Acemoglu, Daron and Scott, Andrew}, - title = {Consumer Confidence and Rational Expectations: Are - Agents' Beliefs Consistent with the Theory?}, - journal = {The Economic Journal}, - year = 1992, - volume = 104, - pages = {1--19} -} - -@ARTICLE{ab03, - author = {Vera A. Adamchik and Arjun S. Bedi}, - title = {Gender Pay Differentials during the Transition in - {P}oland}, - journal = {The Economics of Transition}, - year = 2003, - volume = 11, - pages = {697--726}, - number = 4 -} - -@ARTICLE{acScrapping, - author = {Adda, Jerome and Cooper, Russell}, - title = {Balladurette and Juppette: A Discrete Analysis of - Scrapping Subsidies}, - journal = {Manuscript, Department of Economics, Boston - University}, - year = 1997 -} - -@Article{aslCredit, - author = {Sumit Agarwal and Chunlin Liu and Nicholas - S. Souleles}, - title = {The Reaction of Consumer Spending and Debt to Tax - Rebates--Evidence from Consumer Credit Data}, - journal = {Journal of Political Economy}, - year = 2007, - volume = 115, - number = 6, - pages = {986--1019}, - month = {December}, - url = {http://www.nber.org/papers/w13694} -} - -@TECHREPORT{abC, - author = {Aguiar, Mark A. and Mark Bils}, - title = {Has Consumption Inequality Mirrored Income - Inequality?}, - institution = {National Bureau of Economic Research, Inc}, - year = 2011, - type = {NBER Working Paper}, - number = 16807, - month = Feb, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/16807.html}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/abC.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/abC.pdf:PDF}, - url = {http://ideas.repec.org/p/nbr/nberwo/16807.html} -} - -@ARTICLE{AguiarAmador11, - author = {Aguiar, M. and Amador, M.}, - title = {Growth in the Shadow of Expropriation}, - journal = {The Quarterly Journal of Economics}, - year = 2011, - volume = 126, - pages = {651--697}, - number = 2 -} - -@TECHREPORT{ap05, - author = {Henning Ahnert and Adrian Page}, - title = {Euro Area Residential Property Prices: The - Aggregation of Non-Harmonised National Data}, - institution = {Bank for International Settlements}, - year = 2005, - type = {BIS papers}, - number = {21: Real Estate Indicators and Financial Stability} -} - -@ARTICLE{aiyagari:ge, - author = {Aiyagari, S. Rao}, - title = {Uninsured Idiosyncratic Risk and Aggregate Saving}, - journal = {Quarterly Journal of Economics}, - year = 1994, - volume = 109, - pages = {659--684} -} - -@MISC{aiyagari:opttax, - author = {Aiyagari, S. Rao}, - title = {Optimal Capital Income Taxation with Incomplete - Markets and Borrowing Constraints}, - howpublished = {Federal Reserve Bank of Minneapolis Working Paper - Number~508}, - year = 1993 -} - -@ARTICLE{akerlofNobel, - author = {Akerlof, George A.}, - title = {Behavioral Macroeconomics and Macroeconomic - Behavior}, - journal = {American Economic Review}, - year = 2002, - volume = 92, - pages = {411--433}, - number = 3, - note = - {\url{http://www.aeaweb.org/articles.php?doi=10.1257/00028280260136192}}, - doi = {10.1257/00028280260136192}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akerlofNobel.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akerlofNobel.pdf:PDF}, - url = - {http://www.aeaweb.org/articles.php?doi=10.1257/00028280260136192} -} - -@ARTICLE{ayNearRational, - author = {Akerlof, George A. and Janet L. Yellen}, - title = {A Near-rational Model of the Business Cycle, with - Wage and Price Intertia}, - journal = {The Quarterly Journal of Economics}, - year = 1985, - volume = 100, - pages = {823--38}, - number = 5 -} - -@ARTICLE{adp:two, - author = {Akerlof, George and Dickens, William and Perry, - George}, - title = {Near-Rational Wage and Price Setting and the - Long-Run Phillips Curve}, - journal = {Brookings Papers in Economic Activity}, - year = 2000, - volume = {(2000:1)}, - pages = {1--60} -} - -@ARTICLE{adp:one, - author = {Akerlof, George and Dickens, William and Perry:, - George}, - title = {The Macroeconomics of Low Inflation}, - journal = {Brookings Papers in Economic Activity}, - year = 1996, - volume = {(1996:1)}, - pages = {1--76} -} - -@ARTICLE{fa:lenin, - author = {Alesina, Alberto and Fuchs-Schundeln, Nicola}, - title = {Good Bye Lenin (Or Not?) The Effect of Communism on - People's Preferences}, - journal = {Manuscript, Harvard University}, - year = 2006 -} - -@TECHREPORT{ai07, - author = {Alberto Alesina and Andrea Ichino}, - title = {Gender-based Taxation}, - institution = {Harvard University}, - year = 2007, - type = {mimeo} -} - -@ARTICLE{alesina&rodrik:inequality, - author = {Alesina, Alberto and Rodrik, Dani}, - title = {Distributive Politics and Economic Growth}, - journal = {Quarterly Journal of Economics}, - year = 1994, - volume = 109, - pages = {465--90}, - number = 2, - month = {May} -} - -@ARTICLE{aklCohorts, - author = {Alessie, Rob and Kapteyn, Arie and Lusardi, - Annamaria}, - title = {Explaining the Wealth Holdings of Different Cohorts: - Productivity Growth and Social Security}, - journal = {European Economic Review}, - year = 2005, - volume = 49, - pages = {1361--1381}, - month = {July} -} - -@ARTICLE{alessie&lusardi:habits, - author = {Alessie, Rob and Lusardi, Annamaria}, - title = {Consumption, Saving, and Habit Formation}, - journal = {Economics Letters}, - year = 1997, - volume = 55, - pages = {103--108} -} - -@TECHREPORT{at02, - author = {Rob Alessie and Frederica Teppa}, - title = {Saving and Habit Formation: Evidence from the Dutch - Panel Data}, - institution = {CentER, Tilburg University}, - year = 2002, - type = {discussion paper}, - number = 62 -} - -@ARTICLE{algana, - author = {Algan, Yann and Allais, Oliver and Den~Haan, Wouter - J.}, - title = {Solving Heterogeneous-agent Models with - Parameterized Cross-sectional Distributions}, - journal = {Journal of Economic Dynamics and Control}, - year = 2008, - volume = 32, - pages = {875--908}, - number = 3, - month = {March} -} - -@ARTICLE{alganb, - author = {Algan, Yann and Allais, Oliver and Haan, - Wouter~J. Den}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty Using Parameterized Cross-sectional - Distributions}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{allen&carroll:individual, - author = {Allen, Todd M. and Carroll, Christopher D.}, - title = {Individual Learning About Consumption}, - journal = {Macroeconomic Dynamics}, - year = 2001, - volume = 5, - number = 4, - note = - {\url{http://econ.jhu.edu/people/ccarroll/IndivLearningAboutC.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/IndivLearningAboutC.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/IndivLearningAboutC.pdf} -} - -@TECHREPORT{ags05, - author = {Filippo Altissimo and Evaggelia Georgiou and Teresa - Sastre and Maria Teresa Valderrama and Gabriel - Sterne and Marc Stocker and Mark Weth and Karl - Whelan and Alpo Willman}, - title = {Wealth and Asset Price Effects on Economic Activity}, - institution = {European Central Bank}, - year = 2005, - type = {occasional paper series}, - number = 29 -} - -@ARTICLE{ahk:altruism, - author = {Altonji, Joseph G., Fumio Hayashi and Kotlikoff, - Laurence J.}, - title = {Is the Extended Family Altruistically Linked?}, - journal = {American Economic Review}, - year = 1992, - volume = 82, - pages = {1177--98}, - number = 5 -} - -@ARTICLE{aclvJoy, - author = {Ameriks, John and Caplin, Andrew and Laufer, Steven - and Van Nieuwerburgh, Stijn}, - title = {The Joy Of Giving Or Assisted Living? Using - Strategic Surveys To Separate Public Care Aversion - From Bequest Motives}, - journal = {The Journal of Finance}, - year = 2011, - volume = 66, - pages = {519--561}, - number = 2, - publisher = {Wiley Online Library} -} - -@ARTICLE{as07, - author = {Sungbae An and Frank Schorfheide}, - title = {Bayesian Analysis of DSGE Models}, - journal = {Econometric Reviews}, - year = 2007, - volume = {2--4}, - pages = {113--172}, - number = 26 -} - -@ARTICLE{ahlrStateSpace, - author = {Andersen, Steffen and Glenn W. Harrison and Morten - I. Lau and Elisabet Rutstr{\"}{o}m}, - title = {Lost in State Space: Are Preferences Stable?}, - journal = {International Economic Review}, - year = 2008, - volume = 49, - pages = {1091--1112}, - number = 3, - note = - {\url{http://dx.doi.org/10.1111/j.1468-2354.2008.00507.x}}, - abstract = {We use field experiments to examine the temporal - stability of risk preferences. Over a 17-month - period, we elicited risk preferences from subjects - chosen to be representative of the adult Danish - population. During this period we revisited many of - these subjects and repeated a risk aversion - elicitation task. We find some variation in risk - attitudes over time, but we do not detect a general - tendency for risk attitudes to increase or decrease - over a 17-month span. The results also suggest that - risk preferences are state contingent with respect - to personal finances.}, - doi = {10.1111/j.1468-2354.2008.00507.x}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahlrStateSpace.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahlrStateSpace.pdf:PDF}, - issn = {1468-2354}, - publisher = {Blackwell Publishing Inc}, - url = {http://dx.doi.org/10.1111/j.1468-2354.2008.00507.x} -} - -@TECHREPORT{aln05, - author = {Javier Andres and J. David Lopez-Salido and Edward - Nelson}, - title = {Sticky-Price Models and the Natural Rate Hypothesis}, - institution = {Federal Reserve Bank of St. Louis}, - year = 2005, - type = {Working Paper}, - number = {2005-018A} -} - -@ARTICLE{andrews:hac, - author = {Andrews, Donald W. K.}, - title = {Heteroskedasticity and Autocorrelation Consistent - Covvariance Matrix Estimation}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {817--858}, - number = 3 -} - -@ARTICLE{ams06, - author = {Donald W. K. Andrews and Marcelo J. Moreira and - James H. Stock}, - title = {Optimal Two-sided Invariant Similar Tests for - Instrumental Variables Regression}, - journal = {Econometrica}, - year = 2006, - volume = 74, - pages = {715--752}, - number = 3 -} - -@article{paEntrep, - title={Financial Integration, Entrepreneurial Risk and Global Dynamics}, - author={Angeletos, George-Marios and Panousi, Vasia}, - journal={Journal of Economic Theory}, - volume={146}, - number={3}, - pages={863--896}, - year={2011}, - url = {http://dx.doi.org/10.1016/j.jet.2011.02.001}, - publisher={Elsevier} -} - -@ARTICLE{paEntrep-InPress, - author = {Angeletos, George-Marios and Panousi, Vasia}, - title = {Financial Integration, Entrepreneurial Risk and - Global Dynamics}, - journal = {Journal of Economic Theory}, - year = 2011, - volume = {In Press, Corrected Proof}, - pages = {-}, - bdsk-url-1 = - {http://www.sciencedirect.com/science/article/B6WJ3-523V3MJ-2/2/6c200dd3b59cce0b683246ed465f2dff}, - bdsk-url-2 = {http://dx.doi.org/10.1016/j.jet.2011.02.001}, - doi = {DOI: 10.1016/j.jet.2011.02.001}, - issn = {0022-0531}, - keywords = {Global imbalances}, - url = - {http://www.sciencedirect.com/science/article/B6WJ3-523V3MJ-2/2/6c200dd3b59cce0b683246ed465f2dff} -} - -@ARTICLE{angrist&krueger:TSIV, - author = {Angrist, Joshua D. and Krueger, Alan B.}, - title = {The Effect of Age at School Entry on Educational - Attainment: An Application of Instrumental Variables - with Moments from Two Samples}, - journal = {Journal of the American Statistical Association}, - year = 1992, - volume = 87, - pages = {328--26}, - month = {June} -} - -@TECHREPORT{Antoniewicz:2000, - author = {Antoniewicz, Rochelle L.}, - title = {A Comparison of the Household Sector from the Flow - of Funds Accounts and the Survey of}, - institution = {Federal Reserve Board}, - year = 2000, - month = {October} -} - -@PHDTHESIS{arbatliThesis, - author = {Arbatli, Elif C.}, - title = {Persistence Of Income Shocks And The Intertemporal - Model Of The Current Account}, - school = {Johns Hopkins University}, - year = 2008, - month = {November} -} - -@ARTICLE{arifovic:stability, - author = {Arifovic, Jasmina}, - title = {Stability of Equilibria under Genetic Algorithm - Adaption: an Analysis}, - journal = {Macroeconomic Dynamics}, - year = 1998, - volume = 2, - pages = {1--21} -} - -@ARTICLE{arifovic:exchangerate, - author = {Arifovic, Jasmina}, - title = {The Behavior of the Exchange Rate in the Genetic - Algorithm and Experimental Economies}, - journal = {Journal of Political Economy}, - year = 1996, - volume = 104, - pages = {510--541} -} - -@ARTICLE{arifovic:inflation, - author = {Arifovic, Jasmina}, - title = {Genetic Algorithms and Inflationary Economies}, - journal = {Journal of Monetary Economics}, - year = 1995, - volume = 36, - pages = {219--243} -} - -@ARTICLE{arifovic:cobweb, - author = {Arifovic, Jasmina}, - title = {Genetic Algorithm Learning and the Cobweb Model}, - journal = {Journal of Economic Dynamics and Control}, - year = 1994, - volume = 18, - pages = {3--28} -} - -@ARTICLE{abd:transition, - author = {Arifovic, Jasmina and Bullard, James and Duffy, - John}, - title = {The Transition from Stagnation to Growth: An - Adaptive Learning Approach}, - journal = {Journal of Economic Growth}, - year = 1997, - volume = 2, - pages = {185--209} -} - -@BOOK{aristotleFallacies, - title = {On Sophistical Refutations}, - publisher = {The Wikipedia Foundation}, - year = {350 BC}, - author = {Aristotle} -} - -@TECHREPORT{aeh02, - author = {Arnold, Ivo and {van Els}, Peter and {de Haan}, - Jakob}, - title = {Wealth Effects and Monetary Policy}, - institution = {De Nederlandsche Bank}, - year = 2002, - type = {Research memorandum}, - number = 719 -} - -@TECHREPORT{muellbauerEtAl_assa09, - author = {Aron, Janine and Duca, John and Muellbauer, John and - Murata, Keiko and Murphy, Anthony}, - title = {Credit, Housing, Collateral and Consumption: - Evidence from the UK, Japan and the US}, - institution = {University of Oxford}, - year = 2008, - type = {mimeo} -} - -@TECHREPORT{AronEtAl:2010, - author = {Aron, Janie and Duca, John V. and Muellbauer, John - and Murata, Keiko and Murphy, Anthony}, - title = {Credit, Housing Collateral and Consumption: Evidence - from the UK, Japan and the US}, - institution = {Federal Reserve Bank of Dallas}, - year = 2010, - type = {Working Paper}, - number = 1002, - month = May -} - -@INCOLLECTION{arrow:applications, - author = {Arrow, Kenneth A.}, - title = {Applications of Control Theory to Economic Growth}, - booktitle = {Mathematics of the Decision Sciences, Part II}, - publisher = {American Mathematical Society}, - year = 1968, - address = {Providence, RI} -} - -@BOOK{arrow1971etr, - title = {{Essays in the Theory of Risk-Bearing}}, - publisher = {North-Holland}, - year = 1971, - author = {Arrow, Kenneth J.} -} - -@TECHREPORT{art05, - author = {Arthur, Stephan V.}, - title = {Obtaining Real Estate Data: Criteria, Difficulties - and Limitations}, - institution = {Bank for International Settlements}, - year = 2005, - type = {BIS papers}, - number = {21: Real Estate Indicators and Financial Stability} -} - -@ARTICLE{arthur:likehumans, - author = {Arthur, W. Brian}, - title = {On Designing Economic Agents That Behave Like Human - Agents}, - journal = {Journal of Evolutionary Economics}, - year = 1993, - volume = 3, - pages = {1--22} -} - -@INCOLLECTION{arthuretal:artificialstock, - author = {Arthur, W. Brian and Holland, John H. and LeBaron, - Blake and Palmer, Richard and Tayler, Paul}, - title = {Asset Pricing Under Endogenous Expectations in an - Artificial Stock Market}, - booktitle = {The Economy as an Evolving Complex System II}, - publisher = {Addison Wesley Longman}, - year = 1997, - editor = {Arthur, W. Brian and Durlauf, Steven N. and Lane, - David} -} - -@ARTICLE{ahlpt:artificial, - author = {Arthur, W. Brian and Holland, John H. and LeBaron, - Blake and Palmer, Richard and Tayler, Paul}, - title = {Asset Pricing Under Endogenous Expectations in an - Artifical Stock Market}, - journal = {Santa Fe Institute Working Paper}, - year = 1997 -} - -@ARTICLE{arthur&lane:contagion, - author = {Arthur, W. Brian and Lane, David A.}, - title = {Information Contagion}, - journal = {Economic Dynamics and Structural Change}, - year = 1993, - volume = 4, - pages = {81--104} -} - -@ARTICLE{aroubaBehaved, - author = {Aruoba, S.~Boragan}, - title = {Data Revisions Are Not Well Behaved}, - journal = {Journal of Money, Credit, and Banking}, - year = 2008, - volume = 40, - pages = {319--340}, - number = {2-3} -} - -@ARTICLE{akRiskSharing, - author = {Asdrubali, Pierfederico and Kim, Soyoung}, - title = {Dynamic Risksharing in the United States and Europe}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - pages = {809--836}, - note = {\\ - \url{http://dx.doi.org/10.1016/j.jmoneco.2003.09.002}}, - doi = {doi:10.1016/j.jmoneco.2003.09.002}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akRisksharing.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akRisksharing.pdf:PDF}, - url = {http://dx.doi.org/10.1016/j.jmoneco.2003.09.002} -} - -@ARTICLE{ASY:1996, - author = {Asdrubali, Pierfederico and Sorensen, Bent and - Yosha, Oved}, - title = {Channels of interstate risksharing: United States - 1963-1990}, - journal = {Quarterly Journal of Economics}, - year = 1996, - volume = 111, - pages = {1081--1110} -} - -@ARTICLE{Athanasoulis/Wincoop:2001, - author = {Athanasoulis, Stefano G. and van Wincoop, Eric}, - title = {Risk sharing within the United States: what do - financial markets and fiscal federalism accomplish}, - journal = {The Review of Economics and Statistics}, - year = 2001, - volume = 83, - pages = {688--698}, - number = 4 -} - -@ARTICLE{Athanasoulis/Wincoop:2000, - author = {Athanasoulis, Stefano G. and van Wincoop, Eric}, - title = {Growth uncertainty and risksharing}, - journal = {Journal of Monetary Economics}, - year = 2000, - volume = 45, - pages = {477--505} -} - -@ARTICLE{atkeson&ogaki:ies, - author = {Atkeson, Andrew and Ogaki, Masao}, - title = {Wealth-Varying Intertemporal Elasticities of - Substitution: Evidence from Panel and Aggregate - Data}, - journal = {Journal of Monetary Economics}, - year = 1996, - volume = 38, - pages = {507--534}, - number = 3 -} - -@BOOK{atkinson&stiglitz:pubecon, - title = {Lectures on Public Economics}, - publisher = {McGraw-Hill BOOK Company}, - year = 1980, - author = {{Atkinson, Anthony B.} and {Joseph E. Stiglitz}}, - address = {New York} -} - -@ARTICLE{Attanasio:2000, - author = {Attanasio, O.}, - title = {Consumer Durables and Inertial Behavior: Estimation - and Aggregation of (S,s) Rules for Automobile - Purchase}, - journal = {Review of Economic Studies}, - year = 2000, - volume = 67, - pages = {667--696}, - number = 4 -} - -@ARTICLE{AttanasioBanksMeghirWeber, - author = {Attanasio, O.P. and Banks, J. and Meghir, C. and - Weber, G.}, - title = {Humps and Bumps in Lifetime Consumption}, - journal = {Journal of Business and Economic Statistics}, - year = 1999, - volume = 17, - pages = {22--35}, - number = 1, - publisher = {JSTOR} -} - -@ARTICLE{abt02, - author = {Orazio Attanasio and James Banks and Sarah Tanner}, - title = {Asset Holding and Consumption Volatility}, - journal = JPE, - year = 2002, - volume = 110, - pages = {771--92}, - number = 4, - month = {August} -} - -@ARTICLE{abiReally, - author = {Attanasio, Orazio and Battistin, Erich and Ichimura, - Hidehiko}, - title = {What Really Happened to Consumption Inequality in - the US?}, - journal = {NBER Working Papers}, - year = 2004, - publisher = {National Bureau of Economic Research, Inc} -} - -@BOOK{attanasioCEvsNIPA, - title = {Inequality in Living Standards Since 1980: Evidence - from Expenditure Data}, - publisher = {American Enterprise Institute}, - year = 2010, - author = {Attanasio, Orazio and Battistin, Erich and Padula, - Mario}, - month = {May}, - bdsk-url-1 = - {http://www.homepages.ucl.ac.uk/~uctpjrt/Files/abp_rev_V.pdf}, - url = - {http://www.homepages.ucl.ac.uk/~uctpjrt/Files/abp_rev_V.pdf} -} - -@ARTICLE{abhlExpectations, - author = {Attanasio, Orazio and Blow, Laura and Hamilton, - Robert and Leicester, Andrew}, - title = {Consumption, House Prices, and Expectations}, - journal = {Bank of England Working Paper Number 271}, - year = 2008 -} - -@INCOLLECTION{ahpInequality, - author = {Attanasio, Orazio and Erik Hurst and Luigi - Pistaferri}, - title = {Measuring the Evolution of Inequality and Poverty - with the Consumer Expenditure Survey and Alternative - Data Sources}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {CRIW, University of Chicago Press}, - year = 2013, - note = {\\ \url{http://www.nber.org/papers/w17982}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahpInequality.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahpInequality.pdf:PDF} -} - -@ARTICLE{aps:sgi, - author = {Attanasio, Orazio and Picci, Lucio and Scorcu, - Antonello}, - title = {Saving, Growth, and Investment: A Macroeconomic - Analysis Using a Panel of Countries}, - journal = {Review of Economics and Statistics}, - year = 2000, - volume = 82, - number = 1, - month = May -} - -@ARTICLE{oAaV03, - author = {Orazio Attanasio and Annette Vissing-Jorgensen}, - title = {Stock Market Participation, Intertemporal - Subsititution and Risk Aversion}, - journal = AERPP, - year = 2003, - volume = 93, - pages = {383--91}, - number = 2, - month = {May} -} - -@ARTICLE{AttanasioEtAl:2009, - author = {Attanasio, Orazio P. and Blow, Laura and Hamilton, - Robert and Leicester, Andrew}, - title = {Booms and Busts: Consumption, House Prices and - Expectations}, - journal = {Economica}, - year = 2009, - volume = 76, - pages = {20--50}, - number = 301, - month = 02 -} - -@Article{adInsurance, - author = {Orazio Attanasio and Steven J. Davis}, - title = {Relative Wage Movements and the Distribution of Consumption}, - journal = {Journal of Political Economy}, - year = {1996}, - volume = {104}, - number = {6}, - pages = {1227--62}, - month = {December}, -} - -@ARTICLE{attanasio&pavoni:hidden, - author = {Attanasio, Orazio P. and Pavoni, Nicola}, - title = {Risk Sharing with Moral Hazard and Hidden Saving}, - journal = {Manuscript, University College London}, - year = 2005 -} - -@INCOLLECTION{akg:genaccts, - author = {Auerbach, Alan J. and Kotlikoff, Laurence J. and - Gokhale, Jagadeesh}, - title = {Generational Accounting: A Meaningful Alternative to - Deficit Accounting}, - booktitle = {Tax Policy and the Economy}, - publisher = {MIT Press}, - year = 1991, - editor = {Bradford, David}, - volume = 5, - address = {Cambridge, MA} -} - -@ARTICLE{aks:reform, - author = {Auerbach, Alan J. and Kotlikoff, Laurence J. and - Skinner, Jonathan S.}, - title = {The Efficiency Gains from Dynamic Tax Reform}, - journal = {International Economic Review}, - year = 1983, - volume = 24, - pages = {81--100} -} - -@BOOK{auerbach&kotlikoff:policy, - title = {Dynamic Fiscal Policy}, - publisher = {Cambridge University Press}, - year = 1987, - author = {{Auerbach, Alan J.} and {Laurence J. Kotlikoff}}, - address = {New York} -} - -@ARTICLE{auten&joulfaian:charitable, - author = {Auten, Gerald and Joulfaian, David}, - title = {Charitable Contributions and Intergenerational - Transfers}, - journal = {Journal of Public Economics}, - year = 1996, - volume = 59, - pages = {55--68}, - number = 1 -} - -@INCOLLECTION{benabou:inequality, - author = {B{\'}enabou, Roland}, - title = {Inequality and Growth}, - booktitle = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 1996, - editor = {Bernanke, Ben S. and Rotemberg, Julio J.}, - volume = 11, - pages = {11--74}, - address = {Cambridge, MA}, - journal = {National Bureau of Economic Research Macroeconomics - Annual} -} - -@INCOLLECTION{borsch-supan:retirement, - author = {B{\"}orsch-Supan, Axel}, - title = {Germany: A Social Security System on the Verge of - Collapse}, - booktitle = {Redesigning Social Security}, - publisher = {Institut f{\"}ur Weltwirtschaft an der - Universit{\"}at Kiel}, - year = 1998, - editor = {Seibert, Horst}, - address = {T{\"}ubingen : Mohr Siebeck} -} - -@ARTICLE{Backus:1992, - author = {Backus, David K. and Kehoe, Patrick J. and Kyland, - Finn E.}, - title = {International Real Business Cycles}, - journal = {The Journal of International Economics}, - year = 1998, - volume = 44, - pages = {289--313} -} - -@ARTICLE{bagwell&bernheim:sex, - author = {Bagwell, Kyle and Bernheim, B. Douglas}, - title = {Is Everything Neutral?}, - journal = {Journal of Political Economy}, - year = 1988, - volume = 96, - pages = {308--338}, - number = 2 -} - -@ARTICLE{blaDebt, - author = {Baily, Martin N. and Lund, Susan and Atkins, - Charles}, - title = {Will US Consumer Debt Reduction Cripple the - Recovery?}, - journal = {McKinsey Global Institute}, - year = 2009, - month = {April} -} - -@TECHREPORT{mckinseyC, - author = {Baily, Martin N. and Lund, Susan and Atkins, - Charles}, - title = {Will US Consumer Debt Reduction Cripple the - Recovery?}, - institution = {McKinsey Global Institute}, - year = 2009, - type = {report} -} - -@ARTICLE{bakshi&chen:spirit, - author = {Bakshi, Gurdip and Chen, Zhiwu}, - title = {The Spirit of Capitalism and Stock-Market Prices}, - journal = {American Economic Review}, - year = 1996, - volume = 86, - pages = {133--157}, - number = 1 -} - -@ARTICLE{ball:nearrationalQJE, - author = {Ball, Laurence}, - title = {Near-Rationality and Inflation in Two Monetary - Regimes}, - journal = {NBER Working Paper No. W7988}, - year = 2000, - month = {October} -} - -@ARTICLE{ball:credibilityregcite, - author = {Ball, Laurence}, - title = {Disinflation with Imperfect Credibility}, - journal = {Journal of Monetary Economics}, - year = 1995, - volume = {XXXV (1995)}, - pages = {5--23} -} - -@ARTICLE{bmr:phillips, - author = {Ball, Lawrence and Mankiw, N. Gregory and Romer, - David}, - title = {The New Keynesian Economics and the Output-Inflation - Tradeoff}, - journal = {Brookings Papers on Economic Activity}, - year = 1988, - volume = 1988, - pages = {1--65}, - number = 1 -} - -@ARTICLE{ball&moffitt:pty, - author = {Ball, Laurence and Moffitt, Robert}, - title = {Productivity Growth and the Phillips Curve}, - journal = {Johns Hopkins University Department of Economics - Working Paper Number 450}, - year = 2001, - month = {June} -} - -@ARTICLE{baro90, - author = {Laurence Ball and David Romer}, - title = {Real Rigidities and the Nonneutrality of Money}, - journal = {Review of Economic Studies}, - year = 1990, - volume = 57, - pages = {539--552}, - number = {April} -} - -@INPROCEEDINGS{Ball1994, - author = {Laurence M. Ball}, - title = {What Determines the Sacrifice Ratio?}, - booktitle = {Monetary Policy}, - year = 1994, - editor = {N. Gregory Mankiw}, - publisher = {University of Chicago Press} -} - -@BOOK{bal02, - title = {Econometrics}, - publisher = {Springer}, - year = 2002, - author = {Badi H. Baltagi}, - edition = {Third} -} - -@ARTICLE{barata&pacheco:monetarypolicy, - author = {Barata, Jos{\`}e M. and Pacheco, Luis M.}, - title = {Asset Prices and Monetary Policy: Wealth Effects on - Consumption}, - journal = {The 20th Symposium on Banking and Monetary Economics - Papers, University of Birmingham}, - year = 2003 -} - -@ARTICLE{barberaFight, - author = {Barbera, Robert J.}, - title = {If It Were a Fight, They Would Have Stopped It in - December of 2008}, - journal = {The Economists' Voice}, - year = 2010, - volume = 7, - pages = 3, - number = 2, - note = - {\url{http://EconPapers.repec.org/RePEc:bpj:evoice:v:7:y:2010:i:2:n:3}}, - abstract = {New classical economics should not be judged based - upon what theorists say today about the 2008-2009 - crisis, but instead by looking at what economists - like Casey Mulligan said as the crisis was - unfolding. Once scrutiny is given to what new - classical economics lead adherents believe in late - 2008, Robert Barbera wonders how any rational - thinker could continue to defend the framework.}, - keywords = {Holding Macroeconomic theories to task after - 2008-2009; new classical economics; the 2008-2009 - crisis; keynes; minsky}, - url = - {http://EconPapers.repec.org/RePEc:bpj:evoice:v:7:y:2010:i:2:n:3} -} - -@ARTICLE{bwTaylor, - author = {Barbera, Robert J. and Weise, Charles L.}, - title = {Minsky Meets Wicksell: Using the Wicksellian Model - to Understand the 21st Century Business Cycle}, - journal = {Manuscript, Gettysburg College}, - year = 2008, - note = {Available at - \url{http://www.gettysburg.edu/dotAsset/2104335.pdf}} -} - -@ARTICLE{barilan&blinder:doingnothing, - author = {Bar-Ilan, Avner and Blinder, Alan S.}, - title = {Consumer Durables: Evidence on the Optimality of - Usually Doing Nothing}, - journal = {Journal of Money, Credit, and Banking}, - year = 1992, - volume = 24, - pages = {258--272}, - number = 2 -} - -@ARTICLE{barroDisasters, - author = {Barro, Robert J.}, - title = {Rare Disasters and Asset Markets in the Twentieth - Century}, - journal = {Quarterly Journal of Economics}, - year = 2006, - volume = 121, - pages = {823--66}, - number = 3 -} - -@ARTICLE{barro:impatience, - author = {Barro, Robert J.}, - title = {Ramsey Meets Laibson in the Neoclassical Growth - Model}, - journal = {Forthcoming, Quarterly Journal of Economics}, - year = 1999 -} - -@ARTICLE{barro:growthqje, - author = {Barro, Robert J.}, - title = {Economic Growth in a Cross Section of Countries}, - journal = {Quarterly Journal of Economics}, - year = 1991, - volume = 106, - pages = {407--443} -} - -@ARTICLE{barro:bondsnetworth, - author = {Barro, Robert J.}, - title = {Are Government Bonds Net Worth?}, - journal = {Journal of Political Economy}, - year = 1974, - volume = 82, - pages = {1095--117} -} - -@BOOK{barro&salaimartin:book, - title = {Economic Growth}, - publisher = {McGraw-Hill}, - year = 1995, - author = {Barro, Robert J. and {Sala-i-Martin}, Xavier}, - address = {New York} -} - -@ARTICLE{barsky:fisher, - author = {Barsky, Robert B.}, - title = {The Fisher Hypothesis and the Forecastability and - Persistence of Inflation}, - journal = {Journal of Monetary Economics}, - year = 1987, - volume = 19, - pages = {3--24} -} - -@ARTICLE{bjksPreferences, - author = {Barsky, Robert B. and Juster, F. Thomas and Kimball, - Miles S. and Shapiro, Matthew D.}, - title = {Preference parameters and behavioral heterogeneity: - An experimental approach in the health and - retirement study*}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = 112, - pages = {537--579}, - number = 2, - note = {\url{http://www.jstor.org/stable/2951245}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bjksPreferences.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bjksPreferences.pdf:PDF}, - publisher = {MIT Press}, - url = {http://www.jstor.org/stable/2951245} -} - -@ARTICLE{barskymankiwzeldes:aer, - author = {Barsky, Robert B. and Mankiw, N.~Gregory and Zeldes, - Stephen P.}, - title = {Ricardian Consumers with Keynesian Propensities}, - journal = {American Economic Review}, - year = 1986, - volume = 76, - pages = {676--91}, - number = 4, - month = {September} -} - -@ARTICLE{barthCostsBeliefs, - author = {Barth, Daniel}, - title = {The Costs and Beliefs Implied by Direct Stock - Ownership}, - journal = {Manuscript, Department of Economics, Hamilton - College}, - year = 2013, - note = - {\url{http://people.hamilton.edu/documents/BarthDaniel_CostsBeliefs_RFS.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/barthCostsBeliefs.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/barthCostsBeliefs.pdf:PDF}, - url = - {http://people.hamilton.edu/documents/BarthDaniel_CostsBeliefs_RFS.pdf} -} - -@BOOK{bartlett:quotes, - title = {Familiar Quotations}, - publisher = {Little, Brown, and Company}, - year = 1980, - author = {Bartlett, John}, - address = {Boston}, - edition = 15, - note = {Edited by Emily Morison Beck} -} - -@ARTICLE{bk:InvestPlan, - author = {Basu, Susanto and Kimball, Miles S.}, - title = {Investment Planning Costs and the Effects of Fiscal - and Monetary Policy}, - journal = {Manuscript, U of Michigan}, - year = 2004 -} - -@ARTICLE{basuKimballLabor, - author = {Basu, Susanto and Kimball, Miles S.}, - title = {Long-Run Labor Supply and the Elasticity of - Intertemporal Substitution for Consumption}, - journal = {Manuscript, University of Michigan}, - year = 2000 -} - -@ARTICLE{blAsymptotics, - author = {Battycharya, R. N. and Lee, O.}, - title = {Asymptotics of a Class of Markov Processes Which Are - Not In General Irreducible}, - journal = {Annals of Probability}, - year = 1988, - volume = 16, - page = {1333--1347} -} - -@MISC{baxter:euler, - author = {Baxter, Marianne}, - title = {Approximating Suboptimal Dynamic Equilibria: An - Euler Equation Approach}, - howpublished = {University of Rochester Working Paper Number~139}, - year = 1988 -} - -@TECHREPORT{BayoumiEdison:2003, - author = {Bayoumi, Tamim and Edison, Hali}, - title = {Is Wealth Increasingly Driving Consumption}, - institution = {Netherlands Central Bank}, - year = 2003, - type = {DNB Staff Reports (discontinued)}, - number = 101 -} - -@ARTICLE{Bayoumi/Klein:1997, - author = {Bayoumi, Tamim and Klein, Michael W.}, - title = {A provinvial view of economic integration}, - journal = {IMF Working Paper}, - year = 1997, - number = {WP/97/41} -} - -@ARTICLE{bcjRiskPreferences, - author = {Beauchamp, Jonathan and Cesarini, David and - Johannesson, Magnus}, - title = {The Psychometric Properties of Measures of Risk - Preferences}, - journal = {Manuscript, Harvard University}, - year = 2011 -} - -@ARTICLE{bl02, - author = {Thorsten Beck and Ross Levine}, - title = {Industry Growth and Capital Allocation: Does Having - a Market- or Bank-Based System Matter?}, - journal = {Journal of Financial Economics}, - year = 2002, - volume = 4, - pages = {59--77}, - number = 2 -} - -@BOOK{becker:humcap, - title = {Human Capital: A Theoretical Analysis with Special - Reference to Education}, - publisher = {Columbia University Press for NBER}, - year = 1964, - author = {Becker, Gary}, - address = {New York} -} - -@ARTICLE{beckerWealth, - author = {Becker, Robert A. and Foias, C.}, - title = {A Characterization of Ramsey Equilibrium}, - journal = {Journal of Economic Theory}, - year = 1987, - volume = 41, - pages = {173--184}, - number = 1, - publisher = {Elsevier} -} - -@ARTICLE{bcj:wealtheffects, - author = {Benjamin, John D. and Chinloy, Peter and Jud, - G. Donald}, - title = {Consumption, Real Estate and Financial Wealth}, - journal = {Manuscript, University of North Carolina}, - year = 2003 -} - -@INCOLLECTION{porath:humcap2, - author = {Ben~Porath, Yoram}, - title = {The Production of Human Capital Over Time}, - booktitle = {Education, Income, and Human Capital}, - publisher = {National Bureau of Economic Research, Distributed by - Columbia University Press}, - year = 1970, - editor = {W.~L.~Hansen}, - address = {New York} -} - -@ARTICLE{porath:humcap, - author = {Ben~Porath, Yoram}, - title = {The Production of Human Capital and the Life Cycle - of Earnings}, - journal = {Journal of Political Economy}, - year = 1967, - volume = 75, - pages = {352--65}, - number = {supplement} -} - -@ARTICLE{bcLongRunRisk, - author = {Benzoni, Luca and Pierre Collin-Dufresne and Robert - S. Goldstein}, - title = {Portfolio Choice over the Life-Cycle when the Stock - and Labor Markets are Cointegrated}, - journal = {Journal of Finance}, - year = 2007, - volume = 62, - pages = {2123--2167}, - number = 5, - month = {Oct}, - note = - {\url{http://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.2007.01271.x/full}}, - doi = {DOI: 10.1111/j.1540-6261.2007.01271.x}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bcLongRunRisk.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bcLongRunRisk.pdf:PDF}, - url = - {http://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.2007.01271.x/full} -} - -@ARTICLE{bszHumK, - author = {Berk, Jonathan and Stanton, Richard and Zechner, - Josef}, - title = {Human Capital, Bankruptcy, and Capital Structure}, - journal = {Manuscript, Hass School of Business, Berkeley}, - year = 2009 -} - -@ARTICLE{Bernanke:savingglut, - author = {Bernanke, Ben}, - title = {The Global Saving Glut and the U.S.\ Current Account - Deficit}, - journal = {Remarks at the Sandridge Lecture, Virginia - Association of Economics, Richmond, Virginia}, - year = 2005, - volume = {March 10, 2005} -} - -@ARTICLE{bernanke&ferri&simon:flight, - author = {Bernanke, Benjamin and Ferrri, Giovanni and Simon, - Peter}, - title = {Is There a Flight to Quality in Consumer Lending?}, - journal = {Manuscript, Princeton University}, - year = 1997 -} - -@ARTICLE{bernanke&gertler&gilchrist:accellerator, - author = {Bernanke, Benjamin and Gertler, Mark and Gilchrist, - Simon}, - title = {The Financial Accellerator and the Flight to - Quality}, - journal = {Review of Economics and Statistics}, - year = 1996, - volume = 78, - pages = {1--15} -} - -@ARTICLE{bernankeGlut, - author = {Bernanke, Benjamin S.}, - title = {The Global Saving Glut and the U.S. Current Account - Deficit : A Speech at the Sandridge Lecture, - Virginia Association of Economics, Richmond, - Virginia, March 10, 2005 and the Homer Jones - Lecture, St.}, - journal = {Speech}, - year = 2005, - abstract = {No abstract is available for this item.}, - bdsk-url-1 = {http://ideas.repec.org/a/fip/fedgsq/y2005x19.html}, - keywords = {Balance of trade ; Budget deficits ; International - finance}, - url = {http://ideas.repec.org/a/fip/fedgsq/y2005x19.html} -} - -@ARTICLE{bernanke:adjcosts, - author = {Bernanke, Ben S.}, - title = {Adjustment Costs, Durables, and Aggregate - Consumption}, - journal = {Journal of Monetary Economics}, - year = 1985, - volume = 15, - pages = {41--68}, - number = 1 -} - -@ARTICLE{bernanke:liquidity, - author = {Bernanke, Ben S.}, - title = {Permanent Income, Liquidity, and Expenditure on - Automobiles: Evidence From Panel Data}, - journal = {Quarterly Journal of Economics}, - year = 1984, - volume = 99, - pages = {587--614}, - number = 3 -} - -@ARTICLE{bernanke:irreversible, - author = {Bernanke, Ben S.}, - title = {Irreversibility, Uncertainty, and Cyclical - Investment}, - journal = {Quarterly Journal of Economics}, - year = 1983, - volume = 98, - pages = {85--106}, - number = 1 -} - -@BOOK{blmp:infltarget, - title = {Inflation Targeting: Lessons from the International - Experience}, - publisher = {Princeton University Press}, - year = 1999, - author = {Bernanke, Ben S. and Laubach, Thomas and Mishkin, - Frederic S. and Posen, Adam S.}, - address = {Princeton, NJ} -} - -@ARTICLE{bernheim&garrett:education, - author = {Bernheim, B. Douglas and Garrett, Daniel M.}, - title = {The Determinants and Consequences of Financial - Education in the Workplace: Evidence From a Survey - of Households}, - journal = {NBER Working Paper No. 5667}, - year = 1996 -} - -@ARTICLE{bsw:variation, - author = {Bernheim, B. Douglas and Skinner, Jonathan and - Weinberg, Steven}, - title = {What Accounts for the Variation Retirement Wealth - Among US Households?}, - journal = {NBER Working Paper Number 6227}, - year = 1997 -} - -@INCOLLECTION{bernheim:literacy, - author = {Bernheim, Douglas}, - title = {Personal Saving, Information, and Economic Literacy: - New Directions for Public Policy}, - booktitle = {Tax Policiy for Economic Growth in the 1990s}, - publisher = {merican Council for Capital Formation}, - year = 1996, - pages = {53--78}, - address = {Washington, D.C.} -} - -@INCOLLECTION{b&s-m:usportfolios, - author = {Bertaut, Carol and Starr-McCluer, Martha}, - title = {Household Portfolios in the United States}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, - Tullio} -} - -@ARTICLE{bertaut:wealtheffects, - author = {Bertaut, Carol C.}, - title = {Equity Prices, Household Wealth, and Consumption - Growth in Foreign Industrial Countries: Wealth - Effects in the 1990s}, - journal = {Board of Governors of the Federal Reserve System - International Finance Discussion Papers 724}, - year = 2002 -} - -@ARTICLE{bertaut&haliassos:portfolio, - author = {Bertaut, Carol C. and Haliassos, Michael}, - title = {Precautionary portfolio behavior from a life-cycle - perspective}, - journal = {Journal of Economic Dynamics And Control}, - year = 1997, - volume = 21, - pages = {1511--1542}, - number = {8-9} -} - -@INCOLLECTION{bertola&caballero:kinks, - author = {Bertola, Guiseppe and Caballero, Ricardo J.}, - title = {Kinked Adjustment Costs and Aggregate Dynamics}, - booktitle = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 1990, - editor = {Blanchard, Olivier J. and Fischer, Stanley}, - pages = {237--288}, - address = {Cambridge, MA} -} - -@ARTICLE{bertola&caballero:irreversible, - author = {Bertola, Guiseppe and Caballero, Ricardo J.}, - title = {Irreversibility and Aggregate Investment}, - journal = {Review of Economic Studies}, - year = 1994, - volume = 61, - pages = {223--246}, - number = 2 -} - -@ARTICLE{bgp:durables, - author = {Bertola, Giuseppe and Guiso, Luigi and Pistaferri, - Luigi}, - title = {Uncertainty and Consumer Durables Adjustment}, - journal = {Review of Economic Studies}, - year = 2005, - volume = 72, - pages = {973--1007}, - number = 4, - bdsk-url-1 = - {http://www.blackwell-synergy.com/doi/abs/10.1111/%200034-6527.00358}, - bdsk-url-2 = {http://dx.doi.org/10.1111/0034-6527.00358}, - doi = {doi: 10.1111/0034-6527.00358}, - url = {http://www.blackwell-synergy.com/doi/abs/10.1111/ - 0034-6527.00358} -} - -@ARTICLE{bmTrickleDown, - author = {Bertrand, Marianne and Adair Morse}, - title = {Trickle Down Consumption}, - journal = {Manuscript, Chicago Booth School of Business}, - year = 2012, - file = - {/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/bmTrickleDown.pdf:/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/bmTrickleDown.pdf:PDF} -} - -@INCOLLECTION{besley:kink, - author = {Besley, Timothy}, - title = {Savings, Credit, and Insurance}, - booktitle = {Handbook of Development Economics, Volume III}, - publisher = {Elsevier}, - year = 1995, - editor = {Behrman, Jere and Srinivasan, T.N.}, - chapter = 36, - pages = {2123--2207} -} - -@TECHREPORT{bic06, - author = {Alena {Bi{\v}c{{\'}a}kov{{\'}a}}}, - title = {Market vs. Institutions: The Trade-off Between - Unemployment and Wage Inequality Revisited}, - institution = {European University Institute}, - year = 2006, - type = {Economics Working Papers}, - number = 31 -} - -@TECHREPORT{bss06, - author = {Alena {Bi{\v} c{{\'}a}kov{{\'}a}} and Jiri {Sla{\v} - c{{\'}a}lek} and Michal {Slav{\'}\i k}}, - title = {Fiscal Implications of Personal Tax Adjustments in - the {C}zech {R}epublic}, - institution = {Czech National Bank}, - year = 2006, - type = {working paper}, - number = 7 -} - -@ARTICLE{bhw:sociallearning, - author = {Bikhchandani, Sushil, David Hirshleifer and Welch, - Ivo}, - title = {Learning from the Behavior of Others: Conformity, - Fads, and Informational Cascades}, - journal = {Journal of Economic Perspectives}, - year = 1998, - volume = 12, - number = 3 -} - -@BOOK{billingsley:probability, - title = {Probability and Measure}, - publisher = {John Wiley and Sons}, - year = 1995, - author = {Billingsley, Patrick}, - edition = {3rd} -} - -@BOOK{billingsley:convergence, - title = {Convergence of Probability Measures}, - publisher = {John Wiley and Sons}, - year = 1968, - author = {Billingsley, Patrick} -} - -@ARTICLE{binmore&samuelson:muddling, - author = {Binmore, Ken and Samuelson, Larry}, - title = {Muddling Through: Noisy Equilibrium Selection}, - journal = {Journal of Economic Theory}, - year = 1997, - volume = 74, - pages = {235--65} -} - -@ARTICLE{bizer&judd:tax, - author = {{Bizer, David S.} and {Kenneth L. Judd}}, - title = {Taxation and Uncertainty}, - journal = {American Economic Review}, - year = 1989, - volume = 79, - pages = {331--336}, - number = 2 -} - -@INCOLLECTION{blairPCEweightedCPI, - author = {Blair, Caitlin}, - title = {Constructing a PCE-Weighted Consumer Price Index}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2013, - editor = {Carroll, Christopher D. and Thomas Crossley and John - Sabelhaus} -} - -@BOOK{blanchard&fischer:text, - title = {Lectures on Macroeconomics}, - publisher = {MIT Press}, - year = 1989, - author = {Blanchard, Olivier and Fischer, Stanley} -} - -@TECHREPORT{bg05, - author = {Olivier Blanchard and Jordi Gali}, - title = {Real Wage Rigidities and the New Keynesian Model}, - institution = {MIT}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{blanchard:cweak, - author = {Blanchard, Olivier J.}, - title = {What Caused the Last Recession? Consumption and the - Recession of 1990-1991}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {270--274}, - number = 2 -} - -@ARTICLE{blanchardFinite, - author = {Blanchard, Olivier J.}, - title = {Debt, Deficits, and Finite Horizons}, - journal = {Journal of Political Economy}, - year = 1985, - volume = 93, - pages = {223--247}, - number = 2, - month = {April} -} - -@ARTICLE{blanchard:burstingbubbles, - author = {Blanchard, Olivier J.}, - title = {Speculative Bubbles, Crashes, and Rational - Expectations}, - journal = {Economics Letters}, - year = 1989, - volume = 3, - pages = {387--389}, - note = - {\url{http://ideas.repec.org/a/eee/ecolet/v3y1979i4p387-389.html}}, - bdsk-url-1 = - {http://ideas.repec.org/a/eee/ecolet/v3y1979i4p387-389.html}, - url = - {http://ideas.repec.org/a/eee/ecolet/v3y1979i4p387-389.html} -} - -@ARTICLE{blanchardOutput, - author = {Blanchard, Olivier J.}, - title = {Output, the Stock Market, and Interest Rates}, - journal = {The American Economic Review}, - year = 1981, - volume = 71, - pages = {pp.132--143}, - number = 1, - bdsk-url-1 = {http://www.jstor.org/stable/1805045}, - copyright = {Copyright {\copyright} 1981 American Economic - Association}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={Mar., 1981}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/1805045} -} - -@ARTICLE{blanchflower&oswald:wellbeing, - author = {Blanchflower, David and Oswald, Andrew J.}, - title = {Well Being Over Time in Britain and the USA}, - journal = {Journal of Public Economics}, - year = 2004, - volume = 88, - pages = {1359--1386} -} - -@ARTICLE{blaukahn07, - author = {Francine D. Blau and Lawrence M. Kahn}, - title = {Changes in the Labor Supply Behavior of Married - Women: 1980--2000}, - journal = {Journal of Labor Economics}, - year = 2007, - pages = {393--438}, - number = 3, - vollume = 25 -} - -@TECHREPORT{blaukahn05, - author = {Francine D. Blau and Lawrence M. Kahn}, - title = {Changes in the Labor Supply Behavior of Married - Women: 1980--2000}, - institution = {National Bureau of Economic Research, Inc}, - year = 2005, - type = {NBER Working Papers}, - number = 11230, - month = Mar -} - -@BOOK{blinder:centbank, - title = {Central Banking in Theory and Practice}, - publisher = {MIT Press}, - year = 1998, - author = {Blinder, Alan S.}, - address = {Cambridge, MA} -} - -@ARTICLE{orphanides:terrorismjme, - author = {Blomberg, S. Brock and Hess, Gregory D. and - Orphanides, Athanasios}, - title = {The Macroeconomic Consequences of Terrorism}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - pages = {1007--1032}, - number = 5 -} - -@TECHREPORT{blzInvestment, - author = {Blomstr\"{o}m, M. and Lipsey, R.E. and Zejan, M.}, - title = {Is Fixed Investment the Key to Economic Growth?}, - year = 1996, - number = 1, - file = {elNotFactor.pdf:elNotFactor.pdf:PDF}, - journal = {The Quarterly Journal of Economics}, - pages = {269--276}, - publisher = {JSTOR}, - volume = 111 -} - -@article {bloomUncertainty, - author = {Bloom, Nicholas}, - title = {The Impact of Uncertainty Shocks}, - journal = {Econometrica}, - volume = 77, - number = 3, - publisher = {Blackwell Publishing Ltd}, - issn = {1468-0262}, - url = {http://dx.doi.org/10.3982/ECTA6248}, - doi = {10.3982/ECTA6248}, - pages = {623--685}, - keywords = {Adjustment costs, uncertainty, real options, labor - and investment}, - year = 2009, -} - -@ARTICLE{bloom&gunderson:canadian, - author = {Bloom, David and Gunderson, Morley}, - title = {An Analysis of the Earnings of Candian Immigrants}, - journal = {Manuscript, Columbia University}, - year = 1989 -} - -@ARTICLE{bloom2007uncertainty, - author = {Bloom, Nicholas and Bond, Stephen and Van Reenen, - John}, - title = {Uncertainty and investment dynamics}, - journal = {Review of Economic Studies}, - year = 2007, - volume = 74, - pages = {391--415}, - number = 2, - publisher = {Wiley Online Library} -} - -@INCOLLECTION{bllDemandSystem, - author = {Blow, Laura and Lechene, Valerie and Levell, Peter}, - title = {Using the CE to Model Household Demand}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2012 -} - -@TECHREPORT{blundellEtAl_LaborDynNorway, - author = {Richard Blundell and Michael Graber and Magne - Mogstad}, - title = {Labor Income Dynamics and the Insurance from Taxes, - Transfers, and the Family}, - institution = {University College London}, - year = 2013, - type = {mimeo} -} - -@ARTICLE{Blundell:2013tm, - author = {Blundell, Richard and Low, Hamish and Preston, Ian}, - title = {{Decomposing changes in income risk using - consumption data}}, - journal = {Quantitative Economics}, - year = 2013, - volume = 4, - pages = {1--37}, - number = 1, - date-added = {2013-04-07T23:20:30GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{Quantitative_Economics_2013_Blundell.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2013/Blundell/Quantitative_Economics_2013_Blundell.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2013/Blundell/Quantitative_Economics_2013_Blundell.pdf}, - rating = 0, - read = {Yes}, - uri = - {\url{papers2://publication/uuid/FC751DEE-B1A6-4446-988D-F7480C959163}}, - url = - {http://onlinelibrary.wiley.com/doi/10.3982/QE44/abstract} -} - -@INCOLLECTION{blundmac99, - author = {Blundell, Richard and MaCurdy, Thomas}, - title = {Labor supply: A review of alternative approaches}, - booktitle = {Handbook of Labor Economics}, - publisher = {Elsevier}, - year = 1999, - editor = {O. Ashenfelter and D. Card}, - volume = 3, - series = {Handbook of Labor Economics}, - chapter = 27, - pages = {1559--1695} -} - -@ARTICLE{blundell, - author = {Blundell, Richard and Pistaferri, Luigi and Preston, - Ian}, - title = {Consumption Inequality and Partial Insurance}, - journal = {Manuscript}, - year = 2008 -} - -@Article{chiuriJappelli_Homeownership, - author = {Chiuri, Maria Concetta and Jappelli, Tullio}, - title = {Financial Market Imperfections and Home Ownership: A - Comparative Study}, - journal = {European Economic Review}, - year = 2003, - volume = 47, - number = 5, - pages = {857--875}, - month = {October}, -} - - -@Article{bps:familyLaborS, - author={Richard Blundell and Luigi Pistaferri and Itay Saporta-Eksten}, - title={Consumption Inequality and Family Labor Supply}, - journal={American Economic Review}, - year=2016, - volume={106}, - number={2}, - pages={387--435}, - month={February}, - keywords={}, - doi={}, - abstract={We examine the link between wage and consumption inequality using a life-cycle model incorporating consumption and family labor supply decisions. We derive analytical expressions for the dynamics of consumption, hours, and earnings of two earners in the presence of correlated wage shocks, nonseparability, progressive taxation, and asset accumulation. The model is estimated using panel data for hours, earnings, assets, and consumption. We focus on family labor supply as an insurance mechanism and find strong evidence of smoothing of permanent wage shocks. Once family labor supply, assets, and taxes are properly accounted for there is little evidence of additional insurance. (JEL D12, D14, D91, J22, J31)}, - url={https://ideas.repec.org/a/aea/aecrev/v106y2016i2p387-435.html} -} - -@TECHREPORT{bps:familyLaborS_NBERWP, - author = {Richard Blundell and Luigi Pistaferri and Itay - Saporta-Eksten}, - title = {Consumption Inequality and Family Labor Supply}, - institution = {National Bureau of Economic Research, Inc}, - year = 2012, - type = {NBER Working Papers}, - number = 18445, - month = Oct, - abstract = {In this paper we examine the link between wage - inequality and consumption inequality using a life - cycle model that incorporates household consumption - and family labor supply decisions. We derive - analytical expressions based on approximations for - the dynamics of consumption, hours, and earnings of - two earners in the presence of correlated wage - shocks, non-separability and asset accumulation - decisions. We show how the model can be estimated - and identified using panel data for hours, earnings, - assets and consumption. We focus on the importance - of family labour supply as an insurance mechanism to - wage shocks and find strong evidence of smoothing of - males and females permanent shocks to wages. Once - family labor supply, assets and taxes are properly - accounted for their is little evidence of additional - insurance.}, - url = {http://ideas.repec.org/p/nbr/nberwo/18445.html} -} - -@ARTICLE{bpQJE, - author = {Blundell, Richard W. and Preston, Ian}, - title = {Consumption Inequality and Income Uncertainty}, - journal = {Quarterly Journal of Economics}, - year = 1998, - volume = 113, - pages = {603--640} -} - -@TECHREPORT{stressTest, - author = {{Board of Governors of the Federal Reserve System}}, - title = {The Supervisory Capital Assessment Program: Design - and Implementation}, - year = 2009, - type = {white paper}, - note = {Available at \url{ - http://www.federalreserve.gov/newsevents/press/bcreg/20090424a.htm}} -} - -@ARTICLE{bodkin:mpc, - author = {Bodkin, Ronald}, - title = {Windfall Income and Consumption}, - journal = {American Economic Review}, - year = 1959, - volume = 49, - pages = {602--614}, - number = 4, - month = {September} -} - -@ARTICLE{bcfHabits, - author = {Michele Boldrin and Lawrence J. Christiano and Jonas - D. Fisher}, - title = {Habit Persistence, Asset Returns and the Business - Cycle}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - pages = {149--66}, - number = 1 -} - -@ARTICLE{bdWontTell, - author = {Bollinger, C.R. and David, M.H.}, - title = {I Didn't Tell, And I Won't Tell: Dynamic Response - Error in the SIPP}, - journal = {Journal of Applied Econometrics}, - year = 2005, - volume = 20, - pages = {563--569}, - number = 4, - publisher = {Wiley Online Library} -} - -@ARTICLE{be05, - author = {Holger Bonin and Rob Euwals}, - title = {Participation Behavior of the {E}ast {G}erman Women - after {G}erman Unification}, - journal = {Applied Economics Quarterly}, - year = 2005, - volume = 51, - number = 4 -} - -@TECHREPORT{be02, - author = {Holger Bonin and Rob Euwals}, - title = {Participation Behavior of the {E}ast {G}erman Women - after {G}erman Unification}, - institution = {William Davidson Institute}, - year = 2002, - type = {working paper}, - number = 477 -} - -@ARTICLE{bgr:stockmarket, - author = {Boone, Laurence and Giorno, Claude and Richardson, - Pete}, - title = {Stock Market Fluctuations and Consumption Behavior: - Some Recent Evidence}, - journal = {OECD Economics Department Working Paper 208}, - year = 1998 -} - -@ARTICLE{booth:taxrevs, - author = {Booth, Mark}, - title = {Projecting Federal Tax Revenues and the Effect of - Changes in Tax Law}, - journal = {Congressional Budget Office}, - year = 1998 -} - -@INPROCEEDINGS{bor96, - author = {Claudio E. V. Borio}, - title = {Credit Characteristics and the Monetary Policy - Transmission in Fourteen Industrial Countries: - Facts, Conjectures and Some Econometric Evidence}, - booktitle = {Monetary Policy in a Converging Europe}, - year = 1996, - editor = {Alders and Koos}, - pages = {77--115}, - publisher = {MIT Press} -} - -@ARTICLE{boskinInterestElasticity, - author = {Boskin, Michael J.}, - title = {Taxation, Saving, and the Rate of Interest}, - journal = {The Journal of Political Economy}, - year = 1978, - pages = {3--27}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/boskinInterestElasticity.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/boskinInterestElasticity.pdf:PDF}, - publisher = {JSTOR} -} - -@ARTICLE{BosticEtAl:2009, - author = {Bostic, Raphael and Gabriel, Stuart and Painter, - Gary}, - title = {Housing Wealth, Financial Wealth, and Consumption: - New Evidence from Micro Data}, - journal = {Regional Science and Urban Economics}, - year = 2009, - volume = 39, - pages = {79--89} -} - -@BOOK{bosworth:global, - title = {Saving and Investment in a Global Economy}, - publisher = {The Brookings Institution}, - year = 1993, - author = {Bosworth, Barry}, - address = {Washington, DC} -} - -@ARTICLE{bbsMicro, - author = {Bosworth, Barry and Burtless, Gary and Sabelhaus, - John}, - title = {The Decline in Saving: Some Microeconomic Evidence}, - journal = {Brookings Papers on Economic Activity}, - year = 1991, - volume = 22, - pages = {183--256}, - number = {1991-1}, - bdsk-url-1 = - {http://ideas.repec.org/a/bin/bpeajo/v22y1991i1991-1p183-256.html}, - url = - {http://ideas.repec.org/a/bin/bpeajo/v22y1991i1991-1p183-256.html} -} - -@ARTICLE{blGenes, - author = {Bouchard, Thomas J. and Loehlin, John C.}, - title = {Genes, Evolution, and Personality}, - journal = {Behavior Genetics}, - year = 2001, - volume = 31, - pages = {243--273}, - number = 3, - note = - {\url{http://www.springerlink.com/content/qt0138g23w8720j1/fulltext.pdf}}, - abstract = {There is abundant evidence, some of it reviewed in - this paper, that personality traits are - substantially influenced by the genes. Much remains - to be understood about how and why this is the - case. We argue that placing the behavior genetics of - personality in the context of epidemiology, - evolutionary psychology, and neighboring - psychological domains such as interests and - attitudes should help lead to new insights. We - suggest that important methodological advances, such - as measuring traits from multiple viewpoints, using - large samples, and analyzing data by modern - multivariate techniques, have already led to major - changes in our view of such perennial puzzles as the - role of “unshared environment” in personality. In - the long run, but not yet, approaches via molecular - genetics and brain physiology may also make decisive - contributions to understanding the heritability of - personality traits. We conclude that the behavior - genetics of personality is alive and flourishing but - that there remains ample scope for new growth and - that much social science research is seriously - compromised if it does not incorporate genetic - variation in its explanatory models.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/blGenes.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/blGenes.pdf:PDF}, - publisher = {Springer}, - url = - {http://www.springerlink.com/content/qt0138g23w8720j1/fulltext.pdf} -} - -@TECHREPORT{bound89, - author = {John Bound and Charles Brown and Greg J. Duncan and - Willard L Rodgers}, - title = {Measurement Error In Cross-Sectional and - Longitudinal Labor Market Surveys: Results From Two - Validation Studies}, - institution = {National Bureau of Economic Research, Inc}, - year = 1989, - type = {NBER Working Papers}, - number = 2884 -} - -@ARTICLE{bound&jaeger&baker:disease, - author = {Bound, John and Jaeger, David A. and Baker, Regina}, - title = {The Cure Can Be Worse Than The Disease: A Cautionary - Tale Regarding Instrumental Variables}, - journal = {NBER Technical Working Paper No. 137}, - year = 1993 -} - -@ARTICLE{bound&krueger:measerr, - author = {Bound, John and Krueger, Alan B.}, - title = {The Extent of Measurement Error in Longitudinal - Earnings Data: Do Two Wrongs Make A Right?}, - journal = {Journal of Labor Economics}, - year = 1991, - volume = 9, - number = 1 -} - -@TECHREPORT{rockinst, - author = {Boyd, Donald J. and Dadayan, Lucy}, - title = {Sales Tax Decline in Late 2008 Was the Worst in 50 - Years}, - institution = {The Nelson A. Rockefeller Institute of Government}, - year = 2009, - type = {State Revenue Report}, - number = 75, - note = {Available at \url{ - http://www.rockinst.org/pdf/government_finance/state_revenue_report/2009-04-14-(75)-state_revenue_report_sales_tax_decline.pdf - }} -} - -@ARTICLE{boyd:weighted, - author = {Boyd, John H.}, - title = {A Weighted Contraction Mapping Theorem}, - journal = {Journal of Economic Theory}, - year = 1990, - volume = 6, - pages = {343--362} -} - -@ARTICLE{bcd:refinancing, - author = {Brady, Peter J. and Canner, Glenn and Maki, Dean}, - title = {The Effects of Recent Mortgage Refinancing}, - journal = {Federal Reserve Bulletin}, - year = 2000 -} - -@ARTICLE{bl98, - author = {Jason Bram and Sydney Ludvigson}, - title = {Does Consumer Confidence Forecast Household - Expenditure? A Sentiment Index Horse Race}, - journal = {FRBNY Economic Policy Review}, - year = 1998, - volume = 4, - pages = {59--77}, - number = 2 -} - -@ARTICLE{bra04, - author = {William A. Branch}, - title = {The Theory of Rationally Heterogeneous Expectations: - Evidence from Survey Data on Inflation Expectations}, - journal = {Economic Journal}, - year = 2004, - volume = 114, - pages = {592--621}, - number = 497 -} - -@ARTICLE{branchQJE:hetero, - author = {Branch, William A.}, - title = {The Theory of Rationally Heterogeneous Expectations: - Evidence from Survey Data on Inflation Expectations}, - journal = {Manuscript, Department of Economics, College of - William and Mary}, - year = 2001 -} - -@ARTICLE{bcf93, - author = {Braun, Philip A. and Constantinides, George M. and - Ferson, Wayne E.}, - title = {Time Nonseparability in Aggregate Consumption: - International Evidence}, - journal = {European Economic Review}, - year = 1993, - volume = 37, - pages = {897--920} -} - -@ARTICLE{Braun, - author = {Braun, Richard Anton and Li, Huiyu and Stachurski, - John}, - title = {Computing Densities and Expectations in Stochastic - Recursive Economies: Generalized Look-Ahead - Techniques}, - journal = {Manuscript}, - year = 2009 -} - -@MISC{BravConstantinidesGeczy:1999, - author = {Brav, Alon and Constantinides, George M. and Geczy, - Christopher C.}, - title = {Asset Pricing with Heterogeneous Consumers and - Limited Participation: Empirical Evidence}, - howpublished = {Rodney L. White Center for Financial Research - working paper}, - month = {October}, - year = 1999 -} - -@TECHREPORT{bt96, - author = {Flint Brayton and Peter Tinsley}, - title = {A Guide to FRB/US: A Macroeconomic Model of the - United States}, - institution = {Federal Reserve Board}, - year = 1996, - type = {FEDS working paper}, - number = 42 -} - -@ARTICLE{brockmirman:growth, - author = {Brock, William and Mirman, Leonard}, - title = {Optimal Economic Growth and Uncertainty: The - Discounted Case}, - journal = {Journal of Economic Theory}, - year = 1972, - volume = 4, - pages = {479--513}, - number = 3, - month = {June} -} - -@TECHREPORT{bhHousingDepression, - author = {Michael Brocker and Christopher Hanes}, - title = {The 1920s American Real Estate Boom and the Downturn - of the Great Depression: Evidence from City Cross - Sections}, - institution = {National Bureau of Economic Research}, - year = 2013, - type = {Working Paper}, - number = 18852, - month = {February}, - abstract = {In the 1929-1933 downturn of the Great Depression, - house values and homeownership rates fell more, and - mortgage foreclosure rates were higher, in cities - that had experienced relatively high rates of house - construction in the residential real-estate boom of - the mid-1920s. Across the 1920s, boom cities had - seen the biggest increases in house values and - homeownership rates. These patterns suggest that the - mid-1920s boom contributed to the depth of the Great - Depression through wealth and financial effects of - falling house values. Also, they are very similar to - cross-sectional patterns across metro areas around - 2006.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bhHousingDepression.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bhHousingDepression.pdf:PDF}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18852} -} - -@article{bpStim, - author = {Christian Broda and Jonathan A. Parker}, - title = {The Economic Stimulus Payments of 2008 and the - Aggregate Demand for Consumption}, - journal = {Journal of Monetary Economics}, - year = {2014}, - volume = {68}, - pages = {S20--S36}, -} - -@UNPUBLISHED{br2009, - author = {Christian Broda and John Romalis}, - title = {The Welfare Implications of Rising Price Dispersion}, - note = {Manuscript, University of Chicago}, - month = {July}, - year = {2009} -} - -@ARTICLE{brown&light:tenure, - author = {Brown, James N. and Light, Audrey}, - title = {Interpreting Panel Data on Job Tenure}, - journal = {Journal of Labor Economics}, - year = 1992, - volume = 10, - pages = {219--257}, - number = 3 -} - -@TECHREPORT{BrownEtAl:2010, - author = {Brown, Meta and Haughwout, Andrew and Lee, Donghoon - and van der Klaau, Wilbert}, - title = {The Financial Crisis at the Kitchen Table: Trends in - Household Debt and Credi}, - institution = {Federal Reserve Bank of New York}, - year = 2010, - type = {Staff Reports}, - number = 480, - month = {December} -} - -@ARTICLE{browning&crossley:lifecycle, - author = {Browning, Martin and Crossley, Thomas F.}, - title = {The Life-Cycle Model of Consumption and Savings}, - journal = {Journal of Economic Perspectives}, - year = 2001, - volume = 15, - pages = {3--22}, - number = 3 -} - -@ARTICLE{blImputing, - author = {Browning, Martin and Leth-Petersen, Søren}, - title = {Imputing Consumption from Income and Wealth - Information}, - journal = {The Economic Journal}, - year = 2003, - volume = 113, - pages = {pp. F282-F301}, - number = 488, - abstract = {We investigate the feasibility of deriving a measure - of total expenditure at the household level from - administrative micro-data on income and wealth. We - use Danish administrative data that provides - measures of disposable income and the holding of - different assets at the end of the year. The ability - to link the households in the 1994-6 Danish - Expenditure Survey to their administrative data for - the years around the survey year offers a unique - possibility for constructing a measure of total - expenditure and of checking directly on the - reliability of the imputation. The results are - promising.}, - copyright = {Copyright © 2003 Royal Economic Society}, - issn = 00130133, - jstor_articletype ={research-article}, - jstor_formatteddate ={Jun., 2003}, - jstor_issuetitle ={Features}, - language = {English}, - publisher = {Wiley on behalf of the Royal Economic Society}, - url = {http://www.jstor.org/stable/3590202} -} - -@INCOLLECTION{bhh:micromacro, - author = {Browning, Martin J. and Hansen, Lars P. and Heckman, - James J.}, - title = {Micro Data and General Equilibrium Models}, - booktitle = {Handbook of Macroeconomics}, - publisher = {North Holland}, - year = 1999, - editor = {Taylor, John and Woodford, Michael} -} - -@ARTICLE{browning&lusardi:jel, - author = {Browning, Martin J. and Lusardi, Annamaria}, - title = {Household Saving: Micro Theories and Micro Facts}, - journal = {Journal of Economic Literature}, - year = 1996, - volume = 34, - pages = {1797--855}, - number = 4 -} - -@ARTICLE{browning&burbridge:captax, - author = {{Browning, Martin} and {J. Burbridge}}, - title = {Consumption and Income Taxation}, - journal = {Oxford Economic Papers}, - year = 1990, - volume = 42, - pages = {281--292}, - number = 1 -} - -@INCOLLECTION{brownlee:historical, - author = {Brownlee, W. Elliot}, - title = {Historical Perspectives on U.S. Tax Policy Toward - the Rich}, - booktitle = {Does Atlas Shrug? The Economic Consequences of - Taxing the Rich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.} -} - -@ARTICLE{bryan&gavin:inflsurv, - author = {Bryan, Michael F. and Gavin, William T.}, - title = {Models of Inflation Expectations Formation: A - Comparison of Household and Economist Forecasts}, - journal = {Journal of Money, Credit, and Banking}, - year = 1986, - volume = 18, - pages = {539--43}, - month = {November} -} - -@ARTICLE{bg97, - author = {Robert M. Buckley and Eugene N. Gurenko}, - title = {Housing and Income Distribution in Russia: Zhivago's - Legacy}, - journal = {The World Bank Research Observer}, - year = 1997, - volume = 12, - pages = {19--32}, - number = 1 -} - -@MISC{bull:opttax, - author = {Bull, Nicholas}, - title = {When All the Optimal Dynamic Taxes are Zero}, - howpublished = {Board of Governors of the Federal Reserve System - Economic Activity Section Working Paper Series - \#137}, - year = 1993 -} - -@PHDTHESIS{bull:thesis, - author = {Bull, Nicholas}, - title = {Optimal Taxation in an Endogenous Growth Model with - Human Capital}, - school = {University of Minnesota}, - year = 1992 -} - -@BOOK{BLS2009, - title = {2008 Consumer Expenditure Interview Survey Public - Use Microdata User's Documentation}, - publisher = {Division of Consumer Expenditure Surveys, BLS, - U.S. Department of Labor}, - year = 2009, - author = {{Bureau~of~Labor~Statistics}}, - month = {October 15} -} - -@MISC{blsGemini, - author = {{Bureau{~}of{~}Labor{~}Statistics}}, - title = {Consumer Expenditure Survey (CE) Gemini Project}, - year = 2011, - bdsk-url-1 = {http://www.bls.gov/cex/geminiproject.htm}, - url = {http://www.bls.gov/cex/geminiproject.htm} -} - -@TECHREPORT{bea06, - author = {{Bureau of Economic Analysis}}, - title = {Updated Summary NIPA Methodologies}, - year = 2006, - type = {{Survey of Current Business, November}}, - note = {available at - {\url{http://www.bea.gov/scb/pdf/2006/11November/1106_nipa_method.pdf}}} -} - -@ARTICLE{byrne&davis:wealtheffects, - author = {Byrne, Joseph and Davis, Phillip}, - title = {Disaggregate Wealth and Aggregate Consumption: An - Investigation of Empirical Relationships for the G7}, - journal = {Manuscript, Brunel University}, - year = 2001 -} - -@ARTICLE{caballero&engel&haltiwanger:agginvdyn, - author = {Caballero, Ricardo and Engel, Eduardo and - Haltiwanger, John}, - title = {Plant-Level Adjustment and Aggregate Investment - Dynamics}, - journal = {Brookings Papers on Economic Activity, 1995:2}, - year = 1995, - pages = {1--39} -} - -@ARTICLE{caballero:slow, - author = {Caballero, Ricardo J.}, - title = {Durable Goods: An Explanation for Their Slow - Adjustment}, - journal = {Journal of Political Economy}, - year = 1993, - volume = 101, - pages = {351--384}, - number = 2 -} - -@ARTICLE{caballero:aer, - author = {Caballero, Ricardo J.}, - title = {Earnings Uncertainty and Aggregate Wealth - Accumulation}, - journal = {American Economic Review}, - year = 1991, - volume = 81, - pages = {859--871} -} - -@Article{caballero:jme, - Title = {Consumption Puzzles and Precautionary Savings}, - Author = {Caballero, Ricardo J.}, - Journal = {Journal of Monetary Economics}, - Year = 1990, - Note = - {\url{http://ideas.repec.org/p/clu/wpaper/1988_05.html}}, - Pages = {113-136}, - Volume = 25, - Owner = {Nic Johnson}, - Url = - {http://ideas.repec.org/a/eee/moneco/v25y1990i1p113-136.html} -} - -@ARTICLE{caballero&engel:dynamics, - author = {Caballero, Ricardo J. and Engel, Eduardo M. R. A.}, - title = {Explaining Investment Dynamics in - U.S. Manufacturing: A Generalized (S,s) Approach}, - journal = {NBER Working Paper No. 4887}, - year = 1994 -} - -@ARTICLE{cfg:globimbalances, - author = {Caballero, Ricardo J. and Farhi, Emmanuel and - Gourinchas, Pierre-Olivier}, - title = {An Equilibrium Model of {"}Global Imbalances{"} and - Low Interest Rates}, - journal = {American Economic Review}, - year = 2008, - volume = 98, - pages = {358--388}, - number = 1 -} - -@ARTICLE{cagettiInterestElasticity, - author = {Cagetti, Marco}, - title = {Interest Elasticity in a Life-Cycle Model with - Precautionary Savings}, - journal = {The American Economic Review}, - year = 2001, - volume = 91, - pages = {pp.418--421}, - number = 2, - copyright = {Copyright © 2001 American Economic Association}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={May, 2001}, - jstor_issuetitle ={Papers and Proceedings of the Hundred Thirteenth - Annual Meeting of the American Economic Association}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2677800} -} - -@ARTICLE{cjStableEfficient, - author = {Cai, Y. and Judd, Kenneth L.}, - title = {Stable and Efficient Computational Methods for - Dynamic Programming}, - journal = {Journal of the European Economic Association}, - year = 2010, - volume = 8, - pages = {626--634}, - number = {2-3}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cjStableEfficient.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/stableEfficient.pdf:PDF}, - publisher = {Wiley Online Library} -} - -@ARTICLE{calvoPrices, - author = {Calvo, Guillermo A.}, - title = {Staggered Contracts in a Utility-Maximizing - Framework}, - journal = {Journal of Monetary Economics}, - year = 1983, - volume = 12, - pages = {383--98}, - number = 3 -} - -@INCOLLECTION{camererMindful, - author = {Camerer, Colin}, - title = {The Case for Mindful Economics}, - booktitle = {The Foundations of Positive and Normative Economics: - A Handbook}, - publisher = {Oxford University Press, USA}, - year = 2010, - series = {The Handbooks in Economic Methodologies}, - note = - {\url{http://www2.e.u-tokyo.ac.jp/cemano/research/DRSS/documents/microCOE0806.pdf}}, - editors = {Caplin, A. and Schotter, A.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/camererMindful.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/camererMindful.pdf:PDF}, - isbn = 9780199744855, - lccn = 2009049206, - url = - {http://www2.e.u-tokyo.ac.jp/cemano/research/DRSS/documents/microCOE0806.pdf} -} - -@ARTICLE{chDebt, - author = {Campbell, Jeffrey R. and Hercowitz, Zvi}, - title = {Welfare Implications of the Transition to High - Household Debt}, - journal = {Journal of Monetary Economics}, - year = 2009, - volume = 56, - pages = {1--16}, - number = 1, - month = {January}, - url = - {http://ideas.repec.org/a/eee/moneco/v56y2009i1p1-16.html} -} - -@TECHREPORT{campbellMechanism, - author = {Campbell, John Y.}, - title = {Inspecting the Mechanism: An Analytical Approach to - the Stochastic Growth Model}, - institution = {National Bureau of Economic Research, Inc}, - year = 1992, - type = {NBER Working Papers}, - number = 4188, - month = Oct, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/4188.html}, - url = {http://ideas.repec.org/p/nbr/nberwo/4188.html} -} - - -@ARTICLE{campbellRainyDay, - author = {Campbell, John Y.}, - title = {Does Saving Anticipate Declining Labor Income? An - Alternative Test of the Permanent Income Hypothesis}, - journal = {Econometrica}, - year = 1987, - volume = 55, - pages = {1249--73}, - note = {\\ \url{http://www.jstor.org/stable/1913556}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/campbellRainyDay.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/campbellRainyDay.pdf:PDF}, - url = {http://www.jstor.org/stable/1913556} -} - -@ARTICLE{cc99, - author = {John Y. Campbell and John H. Cochrane}, - title = {By Force of Habit: A Consumption-Based Explanation - of Aggregate Stock Market Behavior}, - journal = {Journal of Political Economy}, - year = 1999, - volume = 107, - pages = {205--51}, - number = 2 -} - -@INCOLLECTION{Campbell/Makiw:1989, - author = {Campbell, John Y. and Mankiw, Gregory N.}, - title = {Consumption, Income and Interest Rates: - Reinterpreting the Time Series Evidence}, - booktitle = {NBER macroeconomics annual}, - publisher = {MIT Press}, - year = 1989, - editor = {Blanchard, Olivier Jean and Fischer, Stanley}, - pages = {185--216}, - address = {Cambridge, MA} -} - -@INPROCEEDINGS{cmRuleOfThumb, - author = {John Y. Campbell and N. Gregory Mankiw}, - title = {Consumption, Income and Interest Rates: - Reinterpreting the Time Series Evidence}, - booktitle = {NBER Macroeconomics Annual}, - year = 1989, - editor = {Olivier J. Blanchard and Stanley Fischer}, - address = {Cambridge, MA}, - publisher = {MIT Press} -} - -@InCollection{cmModel, - Title = {Consumption, Income, and Interest Rates: - Reinterpreting the Time-Series Evidence}, - Author = {Campbell, John Y. and Mankiw, N. Gregory}, - Booktitle = {NBER Macroeconomics Annual, 1989}, - Publisher = {MIT Press}, - Year = 1989, - Address = {Cambridge, MA}, - Editor = {Blanchard, Olivier J. and Fischer, Stanley}, - Note = {\url{http://www.nber.org/papers/w2924.pdf}}, - Pages = {185--216}, - Owner = {Nic Johnson}, - Url = {http://www.nber.org/papers/w2924.pdf} -} - -@ARTICLE{cmRuleOfThumbIntl, - author = {Campbell, John Y. and Mankiw, N. Gregory}, - title = {The Response of Consumption to Income: A - Cross-Country Investigation}, - journal = {European Economic Review}, - year = 1991, - volume = 35, - number = 4, - pages = {723--67} -} - -@ARTICLE{campbell&shiller:longrun, - author = {Campbell, John Y. and Shiller, Robert J.}, - title = {Valuation Ratios and the Long-Run Stock Market - Outlook}, - journal = {Journal of Portfolio Management}, - year = 1998, - volume = 24, - pages = {11--26} -} - -@BOOK{cvAppendix, - title = {Appendix to `Strategic Asset Allocation: Portfolio - Choice for Long-Term Investors'}, - publisher = {Oxford University Press, USA}, - year = 2002, - author = {Campbell, John Y. and Viceira, Luis M.}, - note = {Available on 2011/01/22 at - \href{http://kuznets.fas.harvard.edu/~campbell/papers/bookapp.pdf}{\texttt{h% - ttp://kuznets.fas.harvard.edu/$\sim$campbell/papers/bookapp.pdf}}}, - bdsk-url-1 = - {http://kuznets.fas.harvard.edu/~campbell/papers/%20bookapp.pdf}, - isbn = 0198296940, - url = {http://kuznets.fas.harvard.edu/~campbell/papers/ - bookapp.pdf} -} - -@ARTICLE{campbell&cochrane:force, - author = {{Campbell, John Y.} and Cochrane, John H.}, - title = {By Force of Habit: A Consumption-Based Explanation - of Aggregate Stock Market Behavior}, - journal = {Journal of Political Economy}, - year = 1999, - volume = 107, - pages = {205--251}, - number = 2, - month = {April} -} - -@ARTICLE{cdp:refinancing, - author = {Canner, Glenn and Dynan, Karen and Passmore, Wayne}, - title = {Mortgage Refinancing in 2001 and Early 2002}, - journal = {Federal Reserve Bulletin}, - year = 2002, - volume = 88, - pages = {469--481S} -} - -@ARTICLE{caplin:aggdemand, - author = {Capli, Andrew S.}, - title = {The Variability of Aggregate Demand With (S,s) - Inventory Policies}, - journal = {Econometrica}, - year = 1985, - volume = 53, - pages = {1395--1409}, - number = 6 -} - -@ARTICLE{caplin&leahy:socialdiscount, - author = {Caplin, Andrew and Leahy, John}, - title = {The Social Discount Rate}, - journal = {Manuscript, Boston University}, - year = 1999 -} - -@ARTICLE{caplin&leahy:durables, - author = {Caplin, Andrew and Leahy, John}, - title = {Durable Goods Cycles}, - journal = {Manuscript, Boston University}, - year = 1997 -} - -@INCOLLECTION{CardarelliEtAl:2008, - author = {Cardarelli, Roberto and Igan, Deniz and Rebucci, - Alessandro}, - title = {The Changing Housing Cycle and the Implications for - Monetary Policy}, - booktitle = {World Economic Outlook}, - publisher = {Washington: International Monetary Fund}, - year = 2008, - chapter = 3 -} - -@TECHREPORT{cir08, - author = {Roberto Cardarelli and Deniz Igan and Alessandro - Rebucci}, - title = {The Changing Housing Cycle and the Implications for - Monetary Policy}, - institution = {International Monetary Fund, April}, - year = 2008, - type = {{World Economic Outlook, 103--133}} -} - -@ARTICLE{cll05, - author = {Raquel Carrasco and Jos{\'}{e} M. Labeaga and - J. David L{\'}{o}pez-Salido}, - title = {Consumption and Habits: Evidence from Panel Data}, - journal = {Economic Journal}, - year = 2005, - volume = 115, - pages = {144--165}, - number = 500 -} - -@ARTICLE{cll:habits, - author = {Carrasco, Raquel and Labeaga, Jos\`{e} M. and - L\`opez-Salido, J. David}, - title = {Consumption and Habits: Evidence from Panel Data}, - journal = {Economic Journal}, - year = 2005, - volume = 115, - pages = {144--165}, - number = 500, - note = {available at \url{http://ideas.repec.org/a/ecj/econjl/v115y2005i500p144-165.html}} -} - -@ARTICLE{carrington:wagelosses, - author = {Carrington, William J.}, - title = {Wage Losses for Displaced Workers}, - journal = {Journal of Human Resources}, - year = 1993, - volume = {XXVIII}, - pages = {435--62}, - number = 3 -} - -@ARTICLE{socialBufferStock, - author = {Carroll, Christopher}, - title = {Social Learning and Buffer Stock Saving}, - journal = {Ongoing research project}, - year = 2008 -} - -@BOOK{ccsCE, - title = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = {Forthcoming (2014)}, - author = {Christopher Carroll and Thomas Crossley and John - Sabelhaus}, - institution = {National Bureau of Economic Research}, - type = {Book}, -} - -@INCOLLECTION{carroll:epidemicinflSFI, - author = {Carroll, Christopher D.}, - title = {The {E}pidemiology of {M}acroeconomic - {E}xpectations}, - booktitle = {The Economy as an Evolving Complex System, III}, - publisher = {Oxford University Press}, - year = 2006, - editor = {Blume, Larry and Durlauf, Steven}, - note = {\href{http://econ.jhu.edu/people/ccarroll/epidemiologySFI.pdf}{[PDF]},\href{http://econ.jhu.edu/people/ccarroll/Epidemiology.zip}{[Code]}}, - url = {http://econ.jhu.edu/people/ccarroll/epidemiologySFI.pdf} -} - -@INPROCEEDINGS{discussgw, - author = {Carroll, Christopher D.}, - title = {Discussion of `Macroeconomic Derivatives: An Initial - Analysis of Market-Based Macro Forecasts, - Uncertainty, and Risk' by Gurkaynak and Wolfers}, - booktitle = {NBER International Seminar on Macroeconomics}, - year = 2005, - editor = {Frankel, Jeffrey B.}, - publisher = {MIT Press}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/discuss/ISOM/gw/2005-06.zip}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/discuss/ISOM/gw/2005-06.zip}, - url = - {http://econ.jhu.edu/people/ccarroll/discuss/ISOM/gw/2005-06.zip} -} - -@INPROCEEDINGS{cdc:discussdk, - author = {Carroll, Christopher D.}, - title = {Discussion of `{T}he {R}ise in {U}.{S}.\ {H}ousehold - {I}ndebtedness: {C}auses and {C}onsequences'}, - booktitle = {Financial Stability and the Economic System - (Proceedings of a Conference at the Reserve Bank of - Australia, August 22, 2007)}, - year = 2007, - editor = {Kent, Christopher}, - note = - {\url{http://www.rba.gov.au/PublicationsAndResearch/Conferences/2007/Dynan_Kohn_disc.pdf}}, - bdsk-url-1 = - {http://www.rba.gov.au/PublicationsAndResearch/Conferences/2007/Dynan_Kohn_disc.pdf}, - url = - {http://www.rba.gov.au/PublicationsAndResearch/Conferences/2007/Dynan_Kohn_disc.pdf} -} - -@INPROCEEDINGS{msClunkersDiscuss, - author = {Carroll, Christopher D.}, - title = {Discussion of ``The Effects of Fiscal Stimulus: - Evidence from the 2009 `Cash for Clunkers' - Program''}, - booktitle = {Monetary Economics Meetings, Fall 2010}, - year = 2010, - editor = {Romer, David and Shapiro, Matthew}, - institution = {National Bureau of Economic Research}, - type = {Discussion} -} - -@ARTICLE{When-FHWC-Holds, - author = {Carroll, Christopher D.}, - year = {Ongoing}, - title = {Mathematica Notebook Illustrating Target Wealth In Cases Where FHWC-TBS Fails}, - journal = {./Code/Mathematica/Examples/ManipulateParameters/When-FHWC-Holds.nb}, - url = {http://econ.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.zip}, - note = {Download \href{http://econ.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.zip}{archive} and open Mathematica notebook} -} - -@ARTICLE{CRRA-RateRisk, - author = {Carroll, Christopher D.}, - title = {The Merton-Samuelson Model}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/assetpricing/CRRA-RateRisk/}, - url = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/AssetPricing/CRRA-RateRisk/} -} - -@INPROGRESS{carroll:learning, - author = {Carroll, Christopher D.}, - title = {Learning About Intertemporal Choice}, - year = {ongoing}, - journal = {Work in Progress} -} - -@INPROGRESS{carroll:stickycons, - author = {Carroll, Christopher D.}, - title = {Sluggish Consumption and Sticky Expectations}, - year = {ongoing}, - journal = {Work in Progress} -} - -@article{RepresentingWithoutRA-0-CFS, - author={Carroll, Christopher D.}, - title={Representing Consumption and Saving Without a Representative Consumer}, - year=2014, - institution={Center for Financial Studies (CFS)}, - journal={CFS Working Paper Series}, - url={http://ideas.repec.org/p/zbw/cfswop/464.html}, - note={At \url{http://ideas.repec.org/p/zbw/cfswop/464.html}}, - volume={464}, - abstract={The Great Recession confirmed a bedrock principle of modern consumption theory: It is impossible to explain aggregate spending behavior without knowledge of the underlying microeconomic distribution of circumstances and choices across households. National accounting frameworks therefore need to be augmented by \"bottom up\" measures that both (a) capture the microeconomic heterogeneity (in expenditures, income, assets, debt, and beliefs) in the population and (b) sum up to statistics that have a recognizable relationship to the aggregate totals that are already reasonably well measured.}, - keywords={National Accounting; Inequality; Distribution}, -} - -@INCOLLECTION{RepresentingWithoutRA, - author = {Christopher D. Carroll}, - title = {Representing Consumption and Saving Without a - Representative Consumer}, - booktitle = {Measuring Economic Sustainability and Progress}, - publisher = {University of Chicago Press}, - year = 2014, - series = {NBER-CRIW Studies in Income and Wealth}, - note = {At \url{http://econ.jhu.edu/people/ccarroll/papers/RepresentingWithoutRA/}}, - editors = {Dale W.\ Jorgenson and J.\ Steven Landefeld and Paul - Schreyer}, - url = {http://ideas.repec.org/h/nbr/nberch/12824.html}, - abstract={The Great Recession confirmed a bedrock principle of modern consumption theory: It is impossible to explain aggregate spending behavior without knowledge of the underlying microeconomic distribution of circumstances and choices across households. National accounting frameworks therefore need to be augmented by \"bottom up\" measures that both (a) capture the microeconomic heterogeneity (in expenditures, income, assets, debt, and beliefs) in the population and (b) sum up to statistics that have a recognizable relationship to the aggregate totals that are already reasonably well measured.}, -} - -@MISC{MathFacts, - author = {Carroll, Christopher D.}, - title = {Math Facts Useful for Graduate Macroeconomics}, - howpublished = {Online Lecture Notes}, - year = {Current}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/public/lecturenotes/mathfacts/}, - url = - {http://econ.jhu.edu/people/ccarroll/public/lecturenotes/mathfacts/} -} - -@ARTICLE{carroll:nexus, - author = {Carroll, Christopher D.}, - title = {Habits, Precautionary Saving, and the Growth-Saving Nexus}, - journal = {Unpublished Manuscript, Johns Hopkins University}, - year = {{{2000} } - -@article{carroll:nexusinprogress -}} -} - -@ARTICLE{W-Hetero-Fed, - author = {Christopher D. Carroll}, - title = {Implications of Wealth Heterogeneity For - Macroeconomics}, - journal = {Johns Hopkins University Department of Economics - Working Paper Number 597}, - year = 2012, - month = {May}, - note = {Paper for Academic Consultants' Meeting, Board of - Governors of the Federal Reserve System, available - at - \url{http://econ.jhu.edu/people/ccarroll/papers/W-Hetero-Fed.pdf}}, - url = - {http://econ.jhu.edu/people/ccarroll/papers/W-Hetero-Fed.pdf} -} - -@Article{carrollBSTheory, - Title = {Theoretical {F}oundations of {B}uffer {S}tock {S}aving}, - Author = {Carroll, Christopher}, - Journal = {Econ-ARK REMARK}, - Year = 2020, - Note = {Available at \url{https://econ-ark.github.io/BufferStockTheory}}, - Url = {https://econ-ark.github.io/BufferStockTheory.pdf}, - status = {Under Revision} -} - -% Updates here should sync with /Volumes/Data/Papers/BufferStockTheory/BufferStockTheory-Latest/LaTeX/BufferStockTheory-Self.bib and the corresponding public version -@article{BufferStockTheory, - author = {Christopher D. Carroll}, - journal = {Quantitative Economics}, - title = {Theoretical Foundations of Buffer Stock Saving}, - year = {Forthcoming}, - url = {https://econ-ark.github.io/BufferStockTheory}, - doi = {https://zenodo.org/badge/latestdoi/304124725} -} - -@ARTICLE{carroll:bstheoryNBERWP, - author = {Carroll, Christopher D.}, - title = {Theoretical {F}oundations of {B}uffer {S}tock - {S}aving}, - journal = {NBER Working Paper No.\ 10867}, - year = 2004, - month = {November} -} - -@ARTICLE{carroll:bstheorynourl, - author = {Carroll, Christopher D.}, - title = {Theoretical {F}oundations of {B}uffer {S}tock - {S}aving}, - journal = {Manuscript, Johns Hopkins University}, - year = 2004 -} - -@ARTICLE{carroll:bstheory, - author = {Carroll, Christopher D.}, - title = {Theoretical {F}oundations of {B}uffer {S}tock - {S}aving}, - journal = {NBER Working Paper No. 10867 (Status: Revise and - Resubmit, {\em Quantitative Economics}, 2014)}, - year = 2004, - month = {November}, - note = {Latest version available at - {\url{http://econ.jhu.edu/people/ccarroll/BufferStockTheory.pdf}}} -} - -@ARTICLE{SolvingMicroDSOPs, - author = {Carroll, Christopher D.}, - title = {Solving Microeconomic Dynamic Stochastic - Optimization Problems}, - journal = {Archive, Johns Hopkins University}, - year = 2014, - url = - {http://econ.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}} -} - -@ARTICLE{carroll:mpcperm, - author = {Carroll, Christopher D.}, - title = {Precautionary Saving and the Marginal Propensity to - Consume Out of Permanent Income}, - journal = {Journal of Monetary Economics}, - year = 2009, - volume = 56, - pages = {780--790}, - number = 6, - month = {September}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/papers/MPCPerm}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/papers/MPCPerm.pdf}, - bdsk-url-2 = {http://dx.doi.org/10.1016/j.jmoneco.2009.06.016}, - doi = {http://dx.doi.org/10.1016/j.jmoneco.2009.06.016}, - publisher = {Elsevier}, - url = - {http://econ.jhu.edu/people/ccarroll/papers/MPCPerm.pdf} -} - -@TECHREPORT{carrollTractable, - author = {Carroll, Christopher D.}, - title = {Lecture Notes: A Tractable Model of Buffer Stock - Saving}, - institution = {Johns Hopkins University}, - year = 2016, - note = {At - {\url{http://econ.jhu.edu/people/ccarroll/public/lecturenotes/consumption}}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.pdf} -} - -@ARTICLE{TractableBufferStock, - author = {Carroll, Christopher D.}, - title = {A Tractable Model of Buffer Stock Saving}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf}, - year = 2009, - note = - {\url{http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf} -} - -@Article{carrollIrrational, - Title = {Recent Stock Declines: Panic or the Purge of - `Irrational Exuberance'?}, - Author = {Carroll, Christopher D.}, - Journal = {The Economists' Voice}, - Year = 2008, - Note = - {\url{http://econ.jhu.edu/people/ccarroll/opinion/CampbellShillerReduxFinal.pdf}}, - Volume = 5, - Doi = {10.2202/1553-3832.1462}, - Owner = {Nic Johnson}, - Url = - {http://econ.jhu.edu/people/ccarroll/opinion/CampbellShillerReduxFinal.pdf} -} - -@INCOLLECTION{carroll:consumption, - author = {Carroll, Christopher D.}, - title = {Consumption}, - booktitle = {Encyclopedia Brittanica}, - year = 2007 -} - -@ARTICLE{CARAModelWithYRisk, - author = {Carroll, Christopher D.}, - title = {The CARA Model With Income Risk}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/CARAModelWithY% - Risk.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/CARAModelWithYRisk.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/CARAModelWithYRisk.pdf} -} - -@ARTICLE{ConsAndLaborSupply, - author = {Carroll, Christopher D.}, - title = {Consumption and Labor Supply}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/ConsAndLaborSu% - pply.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/ConsAndLaborSupply.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/ConsAndLaborSupply.pdf} -} - -@ARTICLE{Durables, - author = {Carroll, Christopher D.}, - title = {Spending on Durable and Nondurable Goods}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/Durables.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/Durables.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/Durables.pdf} -} - -@ARTICLE{Envelope, - author = {Carroll, Christopher D.}, - title = {The Envelope Theorem and the Euler Equation}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/envelope.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/envelope.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/envelope.pdf} -} - -@ARTICLE{GenAcctsAndGov, - author = {Carroll, Christopher D.}, - title = {Generational Accounts and the Government Budget - Constraint}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/GenAcctsAndGov% - .pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/GenAcctsAndGov.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/GenAcctsAndGov.pdf} -} - -@ARTICLE{Habits, - author = {Carroll, Christopher D.}, - title = {Consumption Models with Habit Formation}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/Habits.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/Habits.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/Habits.pdf} -} - -@ARTICLE{Laibson, - author = {Carroll, Christopher D.}, - title = {Time Inconsistency {\it a la} Laibson}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/Laibson.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/Laibson.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/Laibson.pdf} -} - -@ARTICLE{OLGModel, - author = {Carroll, Christopher D.}, - title = {The Diamond Overlapping Generations Model}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/OLGModel.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/OLGModel.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/OLGModel.pdf} -} - -@ARTICLE{PerfForesightCRRA, - author = {Carroll, Christopher D.}, - title = {The Perfect Foresight CRRA Consumption Model}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/PerfForesightC% - RRA.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/PerfForesightCRRA.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/PerfForesightCRRA.pdf} -} - -@ARTICLE{RiskAndPSPremia, - author = {Carroll, Christopher D.}, - title = {Risk and Precautionary Premia}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/RiskAndPSPRemi% - a.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/RiskAndPSPRemia.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/RiskAndPSPRemia.pdf} -} - -@ARTICLE{SocSecAndKAccum, - author = {Carroll, Christopher D.}, - title = {Social Security and Capital Accumulation}, - journal = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/SocSecAndKAccu% - m.pdf}, - year = 2006, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/SocSecAndKAccum.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/SocSecAndKAccum.pdf} -} - -@ARTICLE{carrollEGMNBER, - author = {Carroll, Christopher D.}, - title = {The {M}ethod of {E}ndogenous {G}ridpoints for - {S}olving {D}ynamic {S}tochastic {O}ptimization - {P}roblems}, - journal = {National Bureau of Economic Research Technical - Working Paper No. 309}, - year = 2005, - month = {June}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/EndogenousGridpoints.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/EndogenousGridpoints.pdf} -} - -@TECHREPORT{car04, - author = {Christopher D. Carroll}, - title = {Housing Wealth and Consumption Expenditure}, - institution = {Johns Hopkins University}, - journal = {Paper for Presentation at Academic Consultants' Meeting at the Board of Governors of the Federal Reserve System}, - year = 2004, - type = {mimeo} -} - -@TECHREPORT{car04b, - author = {Carroll, Christopher D.}, - title = {Theoretical Foundations of Buffer Stock Saving}, - institution = {NBER}, - year = 2004, - type = {working paper}, - number = 10867 -} - -@ARTICLE{carroll:fedwealth, - author = {Carroll, Christopher D.}, - title = {Housing Wealth and Consumption Expenditure}, - journal = {Paper Prepared for Briefing of Board of Governors of - the Federal Reserve System}, - year = 2004, - month = {January}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/papers/FedHouseWealthv2.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/papers/FedHouseWealthv2.pdf} -} - -@ARTICLE{Carroll2004, - author = {Carroll, Christopher D.}, - title = {Housing Wealth and Consumption Expenditure}, - journal = {Paper Prepared for Academic Consultants Meeting of - Federal Reserve Board, January 2004}, - year = 2004, - note = {At - {\url{http://econ.jhu.edu/people/ccarroll/papers/FedHouseWealthv2.pdf}}}, - institution = {Johns Hopkins University} -} - -@ARTICLE{carroll:macroexpectjhu, - author = {Carroll, Christopher D.}, - title = {Macroeconomic {E}xpectations of {H}ouseholds and - {P}rofessional {F}orecasters}, - journal = {Johns Hopkins University Department of Economics - Working Papers Number 477}, - year = 2002, - month = {December} -} - -@INCOLLECTION{carroll:richportfolios, - author = {Carroll, Christopher D.}, - title = {Portfolios of the Rich}, - booktitle = {Household Portfolios: Theory and Evidence}, - publisher = {MIT Press}, - year = 2002, - address = {Cambridge, MA}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/richportfolios.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/richportfolios.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/richportfolios.pdf} -} - -@ARTICLE{carroll:atheorynberwp, - author = {Carroll, Christopher D.}, - title = {A Theory of the Consumption Function, With and - Without Liquidity Constraints (Expanded Version)}, - journal = {NBER Working Paper Number W8387}, - year = 2001, - note = - {\url{http://econ.jhu.edu/people/ccarroll/ATheoryv3NBER.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/ATheoryv3NBER.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/ATheoryv3NBER.pdf} -} - -@ARTICLE{carroll:death, - author = {Carroll, Christopher D.}, - title = {Death to the {L}og-{L}inearized {C}onsumption - {E}uler {E}quation! ({A}nd {V}ery {P}oor {H}ealth - to the {S}econd-{O}rder Approximation)}, - journal = {Advances in Macroeconomics}, - year = 2001, - volume = 1, - pages = {Article 6}, - number = 1, - note = {\url{http://econ.jhu.edu/people/ccarroll/death.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/death.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/death.pdf} -} - -@ARTICLE{carroll:deathbepress, - author = {Carroll, Christopher D.}, - title = {Death to the Log-Linearized Consumption Euler - Equation! (And Very Poor Health to the Second-Order - Approximation)}, - journal = {Advances in Macroeconomics}, - year = 2001, - volume = 1, - pages = {Article 6}, - number = 1, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/death.pdf}, - url = {\url{http://econ.jhu.edu/people/ccarroll/death.pdf}} -} - -@ARTICLE{carroll:mpcpermNBER, - author = {Carroll, Christopher D.}, - title = {Precautionary Saving and the Marginal Propensity to - Consume Out of Permanent Income}, - journal = {NBER Working Paper Number W8233}, - year = 2001, - month = {April}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/MPCPermBigNBER.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/MPCPermBigNBER.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/MPCPermBigNBER.pdf} -} - -@INCOLLECTION{carroll:richportfoliosNBERWP, - author = {Carroll, Christopher D.}, - title = {{P}ortfolios of the {R}ich}, - booktitle = {NBER Working Paper No.\ 7826}, - year = 2001, - month = {August} -} - -@ARTICLE{carroll:RiskyHabits, - author = {Carroll, Christopher D.}, - title = {`{R}isky {H}abits' and the {M}arginal {P}ropsensity - to {C}onsume {O}ut of {P}ermanent {I}ncome}, - journal = {International Economic Journal}, - year = 2000, - volume = 14, - pages = {1--41}, - number = 4, - note = - {\url{http://econ.jhu.edu/people/ccarroll/riskyhabits.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/riskyhabits.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/riskyhabits.pdf} -} - -@ARTICLE{carroll:RiskyHabitsNBERWP, - author = {Carroll, Christopher D.}, - title = {`{R}isky {H}abits' and the {M}arginal {P}ropsensity - to {C}onsume {O}ut of {P}ermanent {I}ncome}, - journal = {NBER Working Paper No. 7839}, - year = 2000 -} - -@ARTICLE{carroll:solvinghabits, - author = {Carroll, Christopher D.}, - title = {Solving Consumption Models with Multiplicative - Habits}, - journal = {Economics Letters}, - year = 2000, - volume = 68, - pages = {67--77}, - number = 1, - note = - {\url{http://econ.jhu.edu/people/ccarroll/HabitsEconLett.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/HabitsEconLett.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/HabitsEconLett.pdf} -} - -@ARTICLE{carroll:habitstheoryshort, - author = {Carroll, Christopher D.}, - title = {Solving Models with Multiplicative Habits}, - journal = {Manuscript, Johns Hopkins University}, - year = 1999 -} - -@ARTICLE{carroll:riskyhabitsasia, - author = {Carroll, Christopher D.}, - title = {How `{R}isky {H}abits' {C}an {E}xplain a {L}ow - {M}arginal {P}ropensity to {C}onsume {D}uring - {R}ecessions}, - journal = {Invited Paper for Special Issue of International - Economic Journal}, - year = 1999 -} - -@MISC{carroll:macrosolve, - author = {Carroll, Christopher D.}, - title = {Sources and Methods for 'Unemployment Expectations, - Jumping (S,s) Triggers, and Household Balance - Sheets'}, - howpublished = {Web archive}, - year = 1998, - bdsk-url-1 = {http://nber.econ.jhu.edu:8080/People/ccarroll.html}, - url = {http://nber.econ.jhu.edu:8080/People/ccarroll.html} -} - -@ARTICLE{carroll:richsavenberwp, - author = {Carroll, Christopher D.}, - title = {{W}hy {D}o the {R}ich {S}ave {S}o {M}uch?}, - journal = {NBER Working Paper Number 6549}, - year = 1998, - month = {May} -} - -@ARTICLE{carroll:deathNBERWP, - author = {Carroll, Christopher D.}, - title = {{D}eath to the {L}og-{L}inearized {C}onsumption - {E}uler {E}quation! ({A}nd {V}ery {P}oor {H}ealth - to the {S}econd-{O}rder {A}pproximation)}, - journal = {NBER Working Paper No.\ 6298}, - year = 1997 -} - -@ARTICLE{carroll:bslcpihNBERWP, - author = {Carroll, Christopher D.}, - title = {Buffer-{S}tock {S}aving and the {L}ife - {C}ycle/{P}ermanent {I}ncome {H}ypothesis}, - journal = {NBER Working Paper No.\ 5788}, - year = 1996, - month = {October} -} - -@ARTICLE{carroll:howdoesfuture, - author = {Carroll, Christopher D.}, - title = {How Does Future Income Affect Current Consumption?}, - journal = {The Quarterly Journal of Economics}, - year = 1994, - volume = {CIX}, - pages = {111--148}, - number = 1, - note = - {\url{http://econ.jhu.edu/people/ccarroll/howdoesfuture.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/howdoesfuture.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/howdoesfuture.pdf} -} - -@ARTICLE{carroll:savingdecline, - author = {Carroll, Christopher D.}, - title = {The Decline in {U}.{S}.\ Saving}, - journal = {Forum for Applied Research and Public Policy}, - year = 1993, - volume = 8, - number = 4 -} - -@PHDTHESIS{carroll:phdthesis, - author = {Carroll, Christopher D.}, - title = {Three Essays on Consumption, Income, and Saving}, - school = {MIT}, - year = 1990 -} - -@ARTICLE{carroll&dunn:moredeath, - author = {Carroll, Christopher D. and Dunn, Wendy}, - title = {Euler Equation Estimation With Aggregated Time - Series Data}, - journal = {Work in Progress}, - year = 1999 -} - -@INCOLLECTION{cdSs, - author = {Carroll, Christopher D. and Dunn, Wendy E.}, - title = {Unemployment {E}xpectations, {J}umping ({S},s) - {T}riggers, and {H}ousehold {B}alance {S}heets}, - booktitle = {NBER Macroeconomics Annual, 1997}, - publisher = {MIT Press}, - year = 1997, - editor = {Bernanke, Benjamin S. and Rotemberg, Julio}, - pages = {165--229}, - address = {Cambridge, MA}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/macroann.pdf}; - Methodological Appendix: - \url{http://econ.jhu.edu/people/ccarroll/methods3.pdf}; - Empirical Results and Simulation Programs: - \url{http://econ.jhu.edu/people/ccarroll/cdfiles.html};}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/macroann.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/macroann.pdf} -} - -@ARTICLE{carroll&dunn:methods, - author = {Carroll, Christopher D. and Dunn, Wendy E.}, - title = {Data Sources and Solution Methods for Empirical and - Theoretical Results in 'Unemployment Expectations, - Jumping (S,s) Triggers, and Household Balance - Sheets'}, - journal = {http://econ.jhu.edu/People/CCarroll/carroll.html}, - year = 1998 -} - -@ARTICLE{cdSsNBERWP, - author = {Carroll, Christopher D. and Dunn, Wendy E.}, - title = {{U}nemployment {E}xpectations, {J}umping ({S},s) - {T}riggers, and {H}ousehold {B}alance {S}heets}, - journal = {NBER Working Paper No. 6081}, - year = 1997, - month = {July} -} - -@ARTICLE{cdk:balance, - author = {Carroll, Christopher D. and Dynan, Karen E. and - Krane, Spencer S.}, - title = {Unemployment {R}isk and {P}recautionary {W}ealth: - {E}vidence from {H}ouseholds' {B}alance {S}heets}, - journal = {Review of Economics and Statistics}, - year = 2003, - volume = 85, - number = 3, - month = {August}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/krynoll.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/krynoll.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/krynoll.pdf} -} - -@ARTICLE{cdk:balanceFEDS, - author = {Carroll, Christopher D. and Dynan, Karen E. and - Krane, Spencer S.}, - title = {Unemployment {R}isk and {P}recautionary {W}ealth: - {E}vidence from {H}ouseholds' {B}alance {S}heets}, - journal = {Finance and Economics Discussion Series Number - 1999-15, Federal Reserve Board}, - year = 1999, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/krynoll.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/krynoll.pdf} -} - -@ARTICLE{carroll&fratantoni:habits, - author = {Carroll, Christopher D. and Fratantoni, Michael}, - title = {Implications of Habit Formation for Consumption and - Portfolio Choice}, - journal = {Work In Progress}, - year = 1999 -} - -@Article{cfwSentiment, - Title = {Does Consumer Sentiment Forecast Household Spending? - {I}f So, Why?}, - Author = {Carroll, Christopher D. and Fuhrer, Jeffrey C. and - Wilcox, David W.}, - Journal = {American Economic Review}, - Year = 1994, - Note = - {\url{http://econ.jhu.edu/people/ccarroll/SentAERCarrollFuhrerWilcox.pdf}}, - Number = 5, - Pages = {1397-1408}, - Volume = 84, - Owner = {Nic Johnson}, - Url = - {http://econ.jhu.edu/people/ccarroll/SentAERCarrollFuhrerWilcox.pdf}, - score = 20, -} - -@ARTICLE{cj:bufferIntl, - author = {Carroll, Christopher D. and Jeanne, Olivier}, - title = {A Tractable Model of Precautionary Reserves, Net - Foreign Assets, or Soverign Wealth Funds}, - journal = {Work In Progress}, - year = {ongoing} -} - -@Article{CarrollKimballPSPW, - Title = {Precautionary Saving and Precautionary Wealth}, - Author = {Carroll, Christopher D. and Kimball, Miles S.}, - Journal = {Palgrave Dictionary of Economics and Finance, 2nd - Ed.}, - Year = 2007, - Note = {\url{http://econ.jhu.edu/people/ccarroll/papers/PalgravePrecautionary.pdf}}, - Url = {http://econ.jhu.edu/people/ccarroll/papers/PalgravePrecautionary.pdf} -} - -@ARTICLE{carroll&kimball:liquidity, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {Liquidity Constraints and Precautionary Saving}, - journal = {Manuscript, Johns Hopkins University}, - year = 2005, - note = - {\url{http://econ.jhu.edu/people/ccarroll/papers/liquidRevised.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/papers/liquidRevised.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/papers/liquidRevised.pdf} -} - -@ARTICLE{carroll&kimball:liquidityHopkins, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {Liquidity Constraints and Precautionary Saving}, - journal = {Johns Hopkins University Working Paper Number 455}, - year = 2001, - month = {August}, - note = - {\url{http://econ.jhu.edu/pdf/papers/CarrollKimball2001.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/pdf/papers/CarrollKimball2001.pdf}, - url = - {http://econ.jhu.edu/pdf/papers/CarrollKimball2001.pdf} -} - -@ARTICLE{carroll&kimball:liquidityNBERWP, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {Liquidity {C}onstraints and {P}recautionary - {S}aving}, - journal = {NBER Working Paper No. 8496}, - year = 2001 -} - -@INPROGRESS{carrollmaccini:entrepreneurs, - author = {Carroll, Christopher D. and Maccini, Louis J.}, - title = {Entrepreneurial Investment, Consumption Smoothing, and Dividends}, - year = {ongoing}, - journal = {Work in Progress}, - note = {With Louis J. Maccini} -} - -@ARTICLE{cosOzStickyC, - author = {Carroll, Christopher D. and Ossolinski, Crystal and - Slacalek, Jiri}, - title = {Sticky Consumption Growth and Housing Wealth - Effects: Evidence from Australia}, - journal = {Work In Progress}, - year = {ongoing} -} - -@TECHREPORT{co04, - author = {Christopher D. Carroll and Misuzu Otsuka}, - title = {Estimating the Wealth Effect on Consumption}, - institution = {Johns Hopkins University}, - year = 2004, - type = {mimeo} -} - -@TECHREPORT{cosHowLargeorig, - author = {Christopher D. Carroll and Misuzu Otsuka and Jiri - Slacalek}, - title = {What Is the Wealth Effect on Consumption? A New - Approach}, - institution = {Johns Hopkins University}, - year = 2006, - type = {mimeo} -} - -@ARTICLE{cow:habits, - author = {Carroll, Christopher D. and Overland, Jody R. and - Weil, David N.}, - title = {Saving and {G}rowth with {H}abit {F}ormation}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {341--355}, - number = 3, - month = {June}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/AERHabits.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/AERHabits.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/AERHabits.pdf} -} - -@ARTICLE{cow00, - author = {Christopher D. Carroll and Jody R. Overland and - David N. Weil}, - title = {Saving and Growth with Habit Formation}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {341--55}, - number = 3 -} - -@ARTICLE{cow:envy, - author = {Carroll, Christopher D. and Overland, Jody R. and - Weil, David N.}, - title = {Comparison Utility in a Growth Model}, - journal = {Journal of Economic Growth}, - year = 1997, - volume = 2, - pages = {339--367}, - number = 4, - month = {December}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/compare.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/compare.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/compare.pdf} -} - -@ARTICLE{cow:habitsfuhrercite, - author = {Carroll, Christopher D. and Overland, Jody R. and - Weil, David N.}, - title = {Saving and Growth with Habit Formation}, - journal = {FEDS Working Paper \# 95-42}, - year = 1995 -} - -@ARTICLE{crr:census, - author = {Carroll, Christopher D. and Rhee, Changyong and - Rhee, Byungkun}, - title = {Does {C}ultural {O}rigin {A}ffect {S}aving - {B}ehavior? {E}vidence from {I}mmigrants}, - journal = {Economic Development and Cultural Change}, - year = 1999, - volume = 48, - pages = {33--50}, - number = 1, - month = {October}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/censave.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/censave.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/censave.pdf} -} - -@ARTICLE{crr:censusNBERWP, - author = {Carroll, Christopher D. and Rhee, Changyong and - Rhee, Byungkun}, - title = {Does {C}ultural {O}rigin {A}ffect {S}aving - {B}ehavior? {E}vidence from {I}mmigrants}, - journal = {NBER Working Paper No. 6568}, - year = 1998, - month = {May} -} - -@ARTICLE{crr:culture, - author = {Carroll, Christopher D. and Rhee, Changyong and - Rhee, Byungkun}, - title = {Are {T}here {C}ultural {E}ffects on {S}aving? {S}ome - {C}ross-{S}ectional {E}vidence}, - journal = {The Quarterly Journal of Economics}, - year = 1994, - volume = {CIX}, - pages = {685--700}, - number = 3, - month = {August}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/crr-culture-qje.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/crr-culture-qje.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/crr-culture-qje.pdf} -} - -@ARTICLE{carroll&samwick:howbig, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {{H}ow {I}mportant {I}s {P}recautionary {S}aving?}, - journal = {Review of Economics and Statistics}, - year = 1998, - volume = 80, - pages = {410--419}, - number = 3, - month = {August}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/papers/howbig.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/papers/howbig.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/papers/howbig.pdf} -} - -@ARTICLE{carroll&samwick:howbigNBERWP, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {{H}ow {I}mportant {I}s {P}recautionary {S}aving?}, - journal = {NBER Working Paper No. 5194}, - year = 1995, - month = {July} -} - -@ARTICLE{carroll&samwick:natureNBERWP, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The {N}ature of {P}recautionary {W}ealth}, - journal = {NBER Working Paper No. 5193}, - year = 1995, - month = {July} -} - -@ARTICLE{carroll&samwick:naturewp, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The Nature of Precautionary Wealth}, - journal = {Manuscript, The Johns Hopkins University}, - year = 1995 -} - -@TECHREPORT{cs:stickyExp, - author = {Christopher D. Carroll and Jiri Slacalek}, - title = {Sticky Expectations and Consumption Dynamics}, - institution = {Johns Hopkins University}, - year = 2006, - type = {mimeo} -} - -@ARTICLE{cosHousing, - author = {Carroll, Christopher D. and Slacalek, Jiri and - Otsuka, Misuzu}, - title = {How Large Is the Housing Wealth Effect? A New - Approach}, - journal = {NBER Working Paper Number 12746}, - year = 2006, - month = {December}, - note = {\url{http://www.nber.org/papers/w12746}}, - bdsk-url-1 = {http://www.nber.org/papers/w12746}, - url = {http://www.nber.org/papers/w12746} -} - -@TECHREPORT{css:epid2, - author = {Christopher D. Carroll and Jiri Slacalek and Martin - Sommer}, - title = {International Evidence on Sticky Consumption - Dynamics}, - institution = {Johns Hopkins University}, - year = {in progress}, - type = {mimeo} -} - -@ARTICLE{cssUSSaving, - author = {Carroll, Christopher D. and Jiri Slacalek and Martin - Sommer}, - title = {Dissecting Saving Dynamics: Measuring Wealth, - Precautionary, and Credit Effects}, - journal = {Manuscript, Johns Hopkins University}, - year = 2019, - note = - {\url{http://econ.jhu.edu/people/ccarroll/papers/cssUSSaving/}}, - url = - {http://econ.jhu.edu/people/ccarroll/papers/cssUSSaving/} -} - -@TECHREPORT{css:epid, - author = {Christopher D. Carroll and Jiri Slacalek and Martin - Sommer}, - title = {The Epidemiology of Consumption}, - institution = {Johns Hopkins University}, - year = 2005, - type = {mimeo} -} - -@TECHREPORT{carroll&slacalek&tokuoka:stickyex, - author = {Carroll, Christopher D. and Slacalek, Jiri and - Tokuoka, Kiichi}, - title = {Sticky Expectations and Consumption Dynamics}, - year = {in progress}, - journal = {Manuscript} -} - -@TECHREPORT{cstMPC, - author = {Christopher D. Carroll and Jiri Slacalek and Kiichi - Tokuoka}, - title = {The Distribution of Wealth and the Marginal - Propensity to Consume}, - institution = {Johns Hopkins University}, - year = 2013, - note = {At \url{http://econ.jhu.edu/people/ccarroll/papers/cstMPC}}, -} - -@article{cstMPCxc, - title = {The Distribution of Wealth and the MPC: Implications - of New European Data}, - author = {Carroll, Christopher D. and Slacalek, Jiri and - Tokuoka, Kiichi}, - journal = {The American Economic Review}, - volume = 104, - number = 5, - pages = {107--111}, - year = 2014, - publisher = {American Economic Association}, - note = {At - \href{http://econ.jhu.edu/people/ccarroll/papers/cstMPCxc}{\texttt{http://econ.jhu.edu/people/ccarroll/papers/cstMPCxc}}}, - url = {http://econ.jhu.edu/people/ccarroll/papers/cstMPCxc} -} - -@TECHREPORT{cst:BSinKSmanuscript, - author = {Christopher D. Carroll and Jiri Slacalek and Kiichi - Tokuoka}, - title = {Digestible Microfoundations: Buffer-Stock Saving in - a Krussel--Smith World}, - institution = {Johns Hopkins University}, - year = 2011, - type = {mimeo} -} - -@ARTICLE{carroll&sommer:epidemiology, - author = {Carroll, Christopher D. and Sommer, Martin}, - title = {Dynamics of Aggregate Consumption in an - Epidemiological Model}, - journal = {Manuscript, Johns Hopkins University}, - year = 2004 -} - -@Incollection{sswNAIRU, - author = {Staiger, Douglas and James H. Stock and Mark W. Watson}, - title = {Prices Wages and the US NAIRU in the 1990s}, - year = {2001}, - booktitle = {The Roaring Nineties: Can Full Employment Be Sustained?}, - editor = {Alan B. Krueger and Robert Solow}, - publication = {type}, - publisher = {The Russell Sage Foundation and Century Press}, - address = {New York} -} - -@ARTICLE{cssIntlStickyC, - author = {Carroll, Christopher D. and Sommer, Martin and Slacalek, Jiri}, - title = {International Evidence on Sticky Consumption Growth}, - journal = {Review of Economics and Statistics}, - year = 2011, - volume = 93, - pages = {1135--1145}, - number = 4, - month = {October}, - note = {\url{http://econ.jhu.edu/people/ccarroll/papers/cssIntlStickyC/}}, - URL = { https://doi.org/10.1162/REST_a_00122}, - abstract = {This paper estimates the degree of stickiness in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness parameter of about 0.7 on average across countries. The sticky consumption growth model outperforms the random walk model of Hall (1978) and typically fits the data better than the popular Mankiw (1989) model, though in a few countries, the sticky consumption growth and Campbell-Mankiw models work about equally well. }, -doi = {10.1162/REST\_a\_00122}, -eprint = { https://doi.org/10.1162/REST_a_00122 } -} - - -@ARTICLE{cssIntlStickyCJHU, - author = {Carroll, Christopher D. and Sommer, Martin and - Slacalek, Jiri}, - title = {International Evidence on Sticky Consumption Growth}, - journal = {Johns Hopkins University Working Paper Number 542}, - year = 2008, - note = - {\url{http://econ.jhu.edu/people/ccarroll/papers/cssIntlStickyC/}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/papers/cssIntlStickyC.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/papers/cssIntlStickyC.pdf} -} - -@InCollection{carroll&summers:cparallelsy, - Title = {Consumption Growth Parallels Income Growth: Some New - Evidence}, - Author = {Carroll, Christopher D. and Summers, Lawrence H.}, - Booktitle = {National Saving and Economic Performance}, - Publisher = {Chicago University Press}, - Year = 1991, - Address = {Chicago}, - Editor = {{B.~Douglas Bernheim} and {John B. Shoven}}, - Note = - {\url{http://econ.jhu.edu/people/ccarroll/papers/CParallelsY.pdf}}, - Owner = {Nic Johnson}, - Url = - {http://econ.jhu.edu/people/ccarroll/papers/CParallelsY.pdf} -} - -@ARTICLE{carroll&summers:jme, - author = {Carroll, Christopher D. and Summers, Lawrence H.}, - title = {Why Have Private Saving Rates in the US and Canada - Diverged?}, - journal = {Journal of Monetary Economics}, - year = 1987, - volume = 20, - pages = {249--279}, - number = 2, - note = - {\url{http://econ.jhu.edu/people/ccarroll/papers/CarrollSummersJME.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/papers/CarrollSummersJME.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/papers/CarrollSummersJME.pdf} -} - -@INPROGRESS{BSSinDGE, - author = {Carroll, Christopher D. and Tokuoka, Kiichi}, - title = {JEDC Project on Benchmark Solutions to Heterogeneous Agents Models}, - year = {Expected publication in {\it Journal of Economic Dynamics and Control}, - 2009}, - journal = {Buffer Stock Saving in Krusell-Smith General Equilibrium}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/BSSinDGE}, - url = {http://econ.jhu.edu/people/ccarroll/BSSinDGE} -} - -@ARTICLE{ctJEDC, - author = {Carroll, Christopher D. and Tokuoka, Kiichi}, - title = {Buffer Stock Saving In Rational Expectations General - Equilibrium}, - journal = {Journal of Economic Dynamics and Control}, - year = 2009 -} - -@ARTICLE{carroll&vermulen:precautionarymultiplier, - author = {Carroll, Christopher D. and Vermulen, Koen}, - title = {The Precautionary Multiplier}, - journal = {Work in Progress}, - year = {2000-present} -} - -@ARTICLE{carroll&weil:habits, - author = {Carroll, Christopher D. and Weil, David N.}, - title = {Habits and Saving: Theory and Evidence}, - journal = {Work in Progress}, - year = 1997 -} - -@ARTICLE{carroll&weil:crcs, - author = {Carroll, Christopher D. and Weil, David N.}, - title = {Saving and {G}rowth: {A} {R}einterpretation}, - journal = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - volume = 40, - pages = {133--192}, - month = {June}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/CarrollWeilSavingAndGrowth.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/people/ccarroll/CarrollWeilSavingAndGrowth.pdf}, - url = - {http://econ.jhu.edu/people/ccarroll/CarrollWeilSavingAndGrowth.pdf} -} - -@ARTICLE{carroll&weil:crcsNBERWP, - author = {Carroll, Christopher D. and Weil, David N.}, - title = {Saving and {G}rowth: {A} {R}einterpretation}, - journal = {NBER Working Paper No. 4470}, - year = 1993, - month = {September} -} - -@TECHREPORT{cqsUpdate, - author = {Case, Karl E. and Quigley, John M. and Shiller, - Robert J.}, - title = {Wealth Effects Revisited 1978-2009}, - institution = {Cowles Foundaion for Reserch in Economics, Yale - University}, - year = 2011, - type = {Cowles Foudation Discussion Paper}, - number = 1784, - month = {February} -} - -@ARTICLE{cqs05, - author = {Karl E. Case and John M. Quigley and Robert - J. Shiller}, - title = {Comparing Wealth Effects: The Stock Market Versus - the Housing Market}, - journal = {Advances in Macroeconomics}, - year = 2005, - volume = 5, - pages = {1--32}, - number = 1 -} - -@ARTICLE{cqs:housing, - author = {Case, Karl E. and Quigley, John M. and Shiller, - Robert J.}, - title = {Home-buyers, Housing and the Macroeconomy}, - journal = {Reserve Bank of Australia Conference on Asset Prices - and Monetary Policy Papers}, - year = 2003 -} - -@ARTICLE{cqs:wealtheffects, - author = {Case, Karl E. and Quigley, John M. and Shiller, - Robert J.}, - title = {Comparing Wealth Effects: The Stock Market Versus - the Housing Market}, - journal = {Institute of Business and Economic Research Working - Paper No. W01-004}, - year = 2003, - month = {May} -} - -@TECHREPORT{cqs01, - author = {Karl E. Case and John M. Quigley and Robert - J. Shiller}, - title = {Comparing Wealth Effects: The Stock Market Versus - the Housing Market}, - institution = {NBER}, - year = 2001, - type = {working paper} -} - -@ARTICLE{cs03, - author = {Karl E. Case and Robert J. Shiller}, - title = {Is There a Bubble in the Housing Market? An - Analysis}, - journal = {Brookings Papers on Economic Activity}, - year = 2003, - volume = 2003, - pages = {299--342}, - number = 2 -} - -@INCOLLECTION{csCPIReq, - author = {Casey, William and Sara Stanley}, - title = {Consumer Price Index Requirements of the Consumer - Expenditure Surveys}, - booktitle = {Forthcoming in {\it Improving the Measurement of - Household Expenditures}}, - publisher = {Chicago: University of Chicago Press}, - year = 2013, - editors = {Christopher Carroll, Thomas Crossley, and John - Sabelhaus} -} - -@ARTICLE{cass:growth, - author = {Cass, David}, - title = {Optimum growth in an aggregative model of capital - accumulation}, - journal = {Review of Economic Studies}, - year = 1965, - volume = 32, - pages = {233--240} -} - -@TECHREPORT{cal96, - author = {Cassou, Steven P. and Lansing, Kevin J.}, - title = {Growth Effects of a Flat Tax}, - institution = {Federal Reserve Bank of Cleveland}, - year = 1996, - type = {working paper}, - number = 9615 -} - -@ARTICLE{castaneda, - author = {Castaneda, Ana and Diaz-Gimenez, Javier and - Rios-Rull, Jose-Victor}, - title = {Accounting for the U.S.\ Earnings and Wealth - Inequality}, - journal = {Journal of Political Economy}, - year = 2003, - volume = 111, - pages = {818--857}, - number = 4, - month = {August} -} - -@TECHREPORT{cgp04, - author = {Catte, Pietro and Girouard, Nathalie and Price, - Robert and Andre, Christophe}, - title = {Housing Market, Wealth and the Business Cycle}, - institution = {OECD}, - year = 2004, - type = {working paper}, - number = 17 -} - -@ARTICLE{ces:nearly, - author = {Cavanagh, Christopher L. and Elliott, Graham and - Stock, James H.}, - title = {Inference in Models with Nearly Integrated - Regressors}, - journal = {Econometric Theory}, - year = 1995, - volume = 11, - pages = {1131--1147}, - number = 5 -} - -@TECHREPORT{cd04, - author = {Steven Cechetti and Guy Debelle}, - title = {Has the Inflation Process Changed?}, - institution = {Brandeis University}, - year = 2004, - type = {mimeo} -} - -@TECHREPORT{challe&ragot:precautionaryS, - author = {Edouard Challe and Xavier Ragot}, - title = {Precautionary Saving over the Business Cycle}, - institution = {Paris School of Economics}, - year = 2012, - type = {mimeo} -} - -@INCOLLECTION{chamberlain:paneldata, - author = {Chamberlain, Gary}, - title = {Panel Data}, - booktitle = {Handbook of Econometrics}, - publisher = {North-Holland}, - year = 1984, - editor = {Griliches, Zvi and Intriligator, Michael}, - address = {Amsterdam} -} - -@ARTICLE{cwcUnderUncert, - author = {Chamberlain, Gary and Wilson, Charles A.}, - title = {Optimal Intertemporal Consumption Under Uncertainty}, - journal = {Review of Economic Dynamics}, - year = 2000, - volume = 3, - pages = {365--395}, - number = 3 -} - -@ARTICLE{cw:cUnderUncert, - author = {Chamberlain, Gary and Wilson, Charles A.}, - title = {Optimal Intertemporal Consumption Under Uncertainty}, - journal = {Review of Economic Dynamics}, - year = 2000, - volume = 3, - pages = {365--395}, - number = 3 -} - -@TECHREPORT{clpChinaSaving, - author = {Chamon, Marcos and Liu, Kai and Prasad, Eswar S.}, - title = {Income Uncertainty and Household Savings in China}, - institution = {National Bureau of Economic Research}, - year = 2010, - journal = {NBER Working Paper No.\ 16565} -} - -@ARTICLE{cpChina, - author = {Chamon, Marcus D. and Prasad, Eswar S.}, - title = {Why Are Saving Rates of Urban Households in China - Rising?}, - journal = {American Economic Journal: Macroeconomics}, - year = 2010, - volume = 2, - pages = {93--130}, - number = 1, - note = {Available at - \url{http://www.aeaweb.org/articles.php?doi=10.1257/mac.2.1.93}}, - bdsk-file-1 = - {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}, - date-modified ={2011-10-14 10:57:33 -0400}, - issn = {1945-7707}, - publisher = {American Economic Association} -} - -@MISC{cck:opttax, - author = {Chari, V.~V., Laurence J. Christiano and Kehoe, - Patrick J.}, - title = {Dynamic {R}amsey Taxation in a Stochastic Growth - Model}, - howpublished = {Working Paper}, - year = 1990 -} - -@ARTICLE{cckDevil, - author = {Chari, V.~V. and Christiano, Lawrence and Kehoe, - Patrick}, - title = {Facts and Myths About the Financial Crisis of 2008}, - journal = {Federal Reserve Bank of Minneapolis Working Paper - Number 666}, - year = 2008, - month = {October} -} - -@comment{chariKehoeMcGrattan:critiqueOld} -@TECHREPORT{ckmCritique, - author = {V. V. Chari and Patrick J. Kehoe and Ellen - R. McGrattan}, - title = {A Critique of Structural VARs Using Real Business - Cycle Theory}, - institution = {Federal Reserve Bank of Minneapolis}, - year = 2005, - type = {working paper}, - number = 631 -} - -@TECHREPORT{ch95, - author = {Robert S. Chase}, - title = {Women's Labor Force Participation during and after - {C}ommunism: {A} Study of the {C}zech {R}epublic and - {S}lovakia}, - institution = {Economic Growth Center, Yale University}, - year = 1995, - type = {discussion paper}, - number = 768 -} - -@ARTICLE{chen&white:nonparametric, - author = {Chen, Xiaohong and White, Halbert}, - title = {Nonparametric Adaptive Learning with Feedback}, - journal = {Journal of Economic Theory}, - year = 1998, - volume = 82, - pages = {190--222} -} - -@TECHREPORT{chetty:commit, - author = {Chetty, Raj}, - title = {Consumption Commitments, Unemployment Durations, and - Local Risk Aversion}, - institution = {National Bureau of Economic Research, Inc}, - year = 2004, - month = jan -} - -@ARTICLE{cflnoCrowdout, - author = {Raj Chetty and John N. Friedman and Soren - Leth-Petersen and Torben Heien Nielsen and Tore - Olsen}, - title = {Active Vs. Passive Decisions And Crowd-Out In - Retirement Savings Accounts: Evidence From Denmark}, - journal = {Manuscript, Harvard University}, - year = 2012, - month = {December}, - note = - {\url{http://obs.rc.fas.harvard.edu/chetty/crowdout.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cflnoCrowdout.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cflnoCrowdout.pdf:PDF}, - url = {http://obs.rc.fas.harvard.edu/chetty/crowdout.pdf} -} - -@TECHREPORT{chettySzeidlHabits, - author = {Raj Chetty and Adam Szeidl}, - title = {Consumption Commitments: Neoclassical Foundations - for Habit Formation}, - institution = {University of California, Berkeley}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{szeidl&chetty:commitments, - author = {Chetty, Raj and Szeidl, Adam}, - title = {Consumption Commitments and Asset Prices}, - journal = {Manuscript, Harvard University}, - year = 2003 -} - -@TECHREPORT{ceiForensic, - author = {Menzie D. Chinn and Barry Eichengreen and Hiro Ito}, - title = {A Forensic Analysis of Global Imbalances}, - institution = {National Bureau of Economic Research}, - year = 2011, - type = {Working Paper}, - number = 17513, - month = {October}, - abstract = {We examine whether the behavior of current account - balances changed in the years preceding the global - crisis of 2008-09, and assess the prospects for - global imbalances in the post-crisis period. Changes - in the budget balance are an important factor - affecting current account balances for deficit - countries such as the U.S. and the U.K. The effect - of the “saving glut variables” on current account - balances has been relatively stable for emerging - market countries, suggesting that those factors - cannot explain the bulk of their recent current - account movements. We also find the 2006-08 period - to constitute a structural break for emerging market - countries, and to a lesser extent, for - industrialized countries. We attribute the anomalous - behavior of pre-crisis current account balances to - stock market performance and real housing - appreciation; fiscal procyclicality and the stance - of monetary policy do not matter as much. Household - leverage also appears to explain some of the - standard model’s prediction errors. Looking - forward, U.S., fiscal consolidation alone cannot - induce significant deficit reduction. For China, - financial development might help shrink its current - account surplus, but only when it is coupled with - financial liberalization. These findings suggest - that unless countries implement substantially more - policy change, global imbalances are unlikely to - disappear.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ceiForensic.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ceiForensic.pdf:PDF}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w17513} -} - -@ARTICLE{cpCAPI, - author = {Cho, Moon J. and Carolyn M. Pickering}, - title = {Effect of Computer-Assisted Personal Interviews in - the U.S.}, - journal = {Manuscript, Bureau of Labor Statistics}, - year = 2006, - note = {\url{http://www.bls.gov/osmr/pdf/st060200.pdf}}, - file = {cpCAPI.pdf:cpCAPI.pdf:PDF}, - url = {http://www.bls.gov/osmr/pdf/st060200.pdf} -} - -@ARTICLE{christiano:lq, - author = {Christiano, Lawrence~J.}, - title = {Solving the Stochastic Growth Model by Linear - Quadratic Approximation and by Value-Function - Iteration}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {23--26}, - number = 1 -} - -@ARTICLE{CEM, - author = {Christiano, Lawrence J. and Eichenbaum, Martin and - Marshall, David}, - title = {The permanent Income Hypothesis Revisited}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {397--423}, - number = 2, - month = {Mar.}, - file = {:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/#F#:Djvu} -} - -@ARTICLE{cee:habits, - author = {Christiano, Laurence J. and Eichenbaum, Martin and - Evans, Charles L.}, - title = {Nominal Rigidities and the Dynamic Effects of a - Shock to Monetary Policy}, - journal = {Journal of Political Economy}, - year = 2005, - volume = 113, - pages = {1--45}, - number = 1, - month = {February} -} - -@MISC{christiano&eichenbaum:rbc, - author = {{Christiano, Lawrence J.} and {Martin Eichenbaum}}, - title = {Current Real Business Cycle Theories and Aggregate - Labor Market Fluctuations}, - howpublished = {Institute for Empirical Economics Discussion Paper - 24, Federal Reserve Bank of Minneapolis and - University of Minnesota}, - year = 1990 -} - -@ARTICLE{Ciccone:2002, - author = {Ciccone, Antonio}, - title = {Agglomeration effects in Europe}, - journal = {European Economic Review}, - year = 2002, - volume = 46, - pages = {213--227}, - number = 2, - month = {February} -} - -@ARTICLE{CicconeHall:1996, - author = {Ciccone, Antonio and Hall, Robert E.}, - title = {Productivity and the Density of Economic Activity}, - journal = {The American Economic Review}, - year = 1996, - volume = 86, - pages = {54--70}, - number = 1, - month = {March} -} - -@ARTICLE{claridaMeaCulpa, - author = {Clarida, Richard H}, - title = {What Has—and Has Not—Been Learned about Monetary - Policy in a Low-Inflation Environment? A Review of - the 2000s}, - journal = {Journal of Money, Credit and Banking}, - year = 2012, - volume = 44, - pages = {123--140}, - number = {s1}, - publisher = {Wiley Online Library} -} - -@ARTICLE{Clark/Wincoop:2001, - author = {Clark, Todd E. and van Wincoop, Eric}, - title = {Borders and Business Cycles}, - journal = {Journal of International Economics}, - year = 2001, - volume = 55, - pages = {59--85} -} - -@ARTICLE{cgm:lcportfolio, - author = {Cocco, Joao and Gomes, Francisco J. and Maenhout, - Pascal J.}, - title = {Consumption and Portfolio Choice Over the Life - Cycle}, - journal = {Manuscript, Harvard University}, - year = 1998 -} - -@ARTICLE{cochrane:uncertainfacts, - author = {Cochrane, John H.}, - title = {Where Is the Market Going? Uncertain Facts and Novel - Theories}, - journal = {NBER Working Paper Number 6207}, - year = 1998 -} - -@ARTICLE{cochrane:permgnp, - author = {Cochrane, John H.}, - title = {Permanent and Transitory Components of GNP and Stock - Prices}, - journal = {Quarterly Journal of Economics}, - year = 1994, - volume = 109, - pages = {241--265}, - number = 1 -} - -@ARTICLE{cochrane:nearrational, - author = {Cochrane, John H.}, - title = {The Sensitivity of Tests of the Intertemporal - Allocation of Consumption to Near-Rational - Alternatives}, - journal = {American Economic Review}, - year = 1991, - volume = 79, - pages = {319--37} -} - -@ARTICLE{cochrane:simpletest, - author = {Cochrane, John H.}, - title = {A Simple Test of Consumption Insurance}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {957--76} -} - -@ARTICLE{chk:ussav, - author = {Cohen, Darrel and Hassett, Kevin and Kennedy, James}, - title = {Are U.S. Investment and Capital Stocks at Optimal - Levels?}, - journal = {Finance and Economics Discussion Series Paper 95-32}, - year = 1995 -} - -@ARTICLE{laibsonNeuro, - author = {Cohen, Jonathan D. and Laibson, David and - Loewenstein, George and McClure, Samuel M.}, - title = {Separate Neural Systems Value Immediate and Delayed - Monetary Rewards}, - journal = {Science}, - year = 2004, - volume = 306, - month = {October} -} - -@ARTICLE{coi06, - author = {Olivier Coibion}, - title = {Inflation Inertia in Sticky Information Models}, - journal = {Contributions to Macroeconomics}, - year = 2006, - volume = 6, - pages = {1--29}, - number = 1, - note = - {http://www.bepress.com/bejm/contributions/vol6/iss1/art1} -} - -@ARTICLE{cmp:socialnorms, - author = {Cole, Harold L. and Mailath, George J. and - Postlewaite, Andrew}, - title = {Social Norms, Savings Behavior, and Growth}, - journal = {Journal of Political Economy}, - year = 1992, - volume = 100, - pages = {1092--125}, - number = 6 -} - -@ARTICLE{coleman:alg, - author = {Coleman, Wilbur~J.}, - title = {Solving the Stochastic Growth Model by - Policy-Function Iteration}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {27--31}, - number = 1 -} - -@MISC{coleman:algorig, - author = {Coleman, W.~J.}, - title = {An Algorithm to Solve Dynamic Models}, - howpublished = {Board of Governors of the Federal Reserve System - International Finance Discussion Papers Number~351}, - year = 1989 -} - -@ARTICLE{ssfReport, - author = {Stiglitz, Joseph E. and Sen, Amartya and Fitoussi, J.P.}, - title = {Report By The Commission On The Measurement Of - Economic Performance And Social Progress}, - journal = {The Commission}, - year = 2009 -} - -@TECHREPORT{cboIncomeShares, - author = {{Congressional Budget Office}}, - title = {Trends in the Distribution of Household Income - Between 1979 and 2007}, - institution = {CBO}, - year = 2011, - month = {October}, - note = - {\url{http://www.cbo.gov/sites/default/files/cbofiles/attachments/10-25-HouseholdIncome.pdf}}, - url = - {http://www.cbo.gov/sites/default/files/cbofiles/attachments/10-25-HouseholdIncome.pdf} -} - -@ARTICLE{constantinidesHabits, - author = {George M. Constantinides}, - title = {Habit Formation: A Resolution of the Equity Premium - Puzzle}, - journal = {Journal of Political Economy}, - year = 1990, - volume = 98, - pages = {519--543}, - number = 3, - month = {June} -} - -@ARTICLE{cdm:junior, - author = {Constantinidies, George M. and Donaldson, John - B. and Mehra, Rajnish}, - title = {Junior Can't Borrow: A New Perspective on the Equity - Premium Puzzle}, - journal = {NBER Working Paper No.\ 6617}, - year = 1998 -} - -@PHDTHESIS{corneliImbalances, - author = {Corneli, Flavia}, - title = {Global Imbalances: Saving and Investment Imbalances}, - school = {European University Institute}, - year = 2011 -} - -@ARTICLE{CoulibalyLiMortgage, - author = {Coulibaly, Brahima and Li, Geng}, - title = {Do Homeowners Increase Consumption after the Last - Mortgage Payment? An Alternative Test of the - Permanent Income Hypothesis}, - journal = {The Review of Economics and Statistics}, - year = 2006, - volume = 88, - pages = {10--19}, - number = 1, - month = {February}, - bdsk-url-1 = - {http://www.ingentaconnect.com/content/mitpress/restat/2006/2000000088/00000001/art00002}, - bdsk-url-2 = {http://dx.doi.org/10.1162/003465306775565693}, - doi = {doi: 10.1162/003465306775565693}, - issn = {0034-6535}, - publisher = {MIT Press}, - url = - {http://www.ingentaconnect.com/content/mitpress/restat/2006/ - 00000088/00000001/art00002} -} - -@INBOOK{ceaSaving, - chapter = 4, - title = {The Economic Report of the President, 2010}, - publisher = {Government Printing Office}, - year = 2010, - author = {{Council~of~Economic~Advisers}} -} - -@TECHREPORT{csSavingGenes, - author = {Cronqvist, Henrik and Siegel, Stephan}, - title = {The Origins of Savings Behavior}, - institution = {Institute for Financial Research}, - year = 2010, - type = {SIFR Research Report Series}, - number = 73, - abstract = {What are the origins of individual savings behavior? - Using data on identical and fraternal twins matched - with data on their savings behavior, we find that an - individual's savings propensity is governed by both - genetic predispositions, social transmission from - parents to their children, and gene-environment - interplay where certain environments moderate - genetic influences. Genetic variation explains about - 35 percent of the variation in savings rates across - individuals, and this genetic effect is stronger in - less constraining, high socioeconomic status - environments. Parent-child transmission influences - savings for young individuals and those who grew up - in a family environment with less competition for - parental resources. Individual-specific life - experiences is a very important explanation for - behavior in the savings domain, and strongest in - urban communities. In a world progressing rapidly - towards individual retirement savings autonomy, - understanding the origins of individuals' savings - behavior are of key importance to economists as well - as policy makers.}, - bdsk-url-1 = {http://econpapers.repec.org/RePEc:hhs:sifrwp:0073}, - keywords = {Savings; Consumption; Behavioral Genetics}, - url = {http://econpapers.repec.org/RePEc:hhs:sifrwp:0073} -} - -@ARTICLE{croushore:evaluating, - author = {Croushore, Dean}, - title = {Evaluating Inflation Forecasts}, - journal = {Manuscript, Federal Reserve Bank of Philadelphia}, - year = 2001 -} - -@ARTICLE{croushore:spfisgood, - author = {Croushore, Dean}, - title = {Evaluating Inflation Forecasts}, - journal = {Federal Reserve Bank of Philadelphia Working Paper - Number 98-14}, - year = 1998 -} - -@ARTICLE{Crucini:1999, - author = {Crucini, Mario J.}, - title = {On international and national dimensions of risk - sharing}, - journal = {The Review of Economics and Statistics}, - year = 1999, - volume = 81, - pages = {73--84}, - number = 1, - month = {Feb.} -} - -@ARTICLE{chh:reconsider, - author = {Cummins, Jason G. and Hassett, Kevin A. and Hubbard, - R. Glenn}, - title = {A Reconsideration of Investment Behavior Using Tax - Reforms as Natural Experiments}, - journal = {Brookings Papers on Economic Activity}, - year = 1994, - volume = 2, - pages = {1--59}, - note = {Available at { - \url{http://ideas.repec.org/p/nbr/nberre/1946.html}}} -} - -@ARTICLE{curtin:inflsurvart, - author = {Curtin, Richard T.}, - title = {Procedure to Estimate Price Expectations}, - journal = {Manuscript, University of Michigan Survey Research - Center}, - year = 1996 -} - -@ARTICLE{Curtinetal:1989, - author = {Curtin, Richard T. and Juster, F. Thomas and Morgan, - James N.}, - title = {Survey Estimates of Wealth: An Assessment of - Quality}, - journal = {The Measurement of Saving, Investment and Wealth}, - year = 1989, - volume = 52, - pages = {473--548}, - publisher = {National Bureau of Economic Research}, - series = {Studies in Income and Wealth} -} - -@ARTICLE{cutleretc:brookings, - author = {Cutler, David M. and Poterba, James M. and Sheiner, - Louise M. and Summers, Lawrence H.}, - title = {An Aging Society: Opportunity or Challenge?}, - journal = {Brookings Papers on Economic Activity, 1990:2}, - year = 1990 -} - -@ARTICLE{cfInequality, - author = {Barry Z. Cynamon and Steven M. Fazzari}, - title = {Inequality and Household Finance During the Consumer - Age}, - journal = {Working Paper, Washington University in St Louis}, - year = 2013, - month = {January} -} - -@ARTICLE{softCarp, - author = {D.A. Aruliah, C. Titus Brown, Neil P. Chue Hong, - Matt Davis, Richard T. Guy, Steven H.D. Haddock, - Katy Huff, Ian Mitchell, Mark Plumbley, Ben Waugh, - Ethan P. White, Greg Wilson, and Paul Wilson}, - title = {Best Practices for Scientific Computing}, - journal = {The Intertubes}, - year = 2012, - url = - {http://software-carpentry.org/blog/2012/10/best-practices-for-scientific-computing.html} -} - -@ARTICLE{ddfs08, - author = {D{\"}opke, J{\"}org and Dovern, Jonas and Fritsche, - Ulrich and Slacalek, Jiri}, - title = {The Dynamics of European Inflation Expectations}, - journal = {The B.E. Journal of Macroeconomics (Topics)}, - year = 2008, - volume = 8, - pages = {Article 12}, - number = 37 -} - -@TECHREPORT{ddfs05, - author = {D{\"}opke, J{\"}org and Dovern, Jonas and Fritsche, - Ulrich and Slacalek, Jiri}, - title = {European Inflation Expectation Dynamics}, - institution = {Deutsche Bundesbank}, - year = 2005, - type = {Deutsche Bundesbank discussion paper}, - number = 37 -} - -@ARTICLE{dardanoni:crosssection, - author = {Dardanoni, Valentino}, - title = {Precautionary Savings Under Income Uncertainty: A - Cross-Section Analysis}, - journal = {Applied Economics}, - year = 1991, - volume = 23, - pages = {153--160} -} - -@TECHREPORT{dav01, - author = {Melissa Davey}, - title = {Mortgage Equity Withdrawal and Consumption}, - institution = {{Bank of England, 100--103}}, - year = 2001, - type = {Quarterly Bulletin: Spring}, - pages = {100--103} -} - -@ARTICLE{dhsyECM, - author = {DAVIDSON, J. E. H. and HENDRY, DAVID F. and SRBA, - FRANK and YEO, STEVEN}, - title = {Econometric Modeling of the Aggregate Time-series - Relationship Between Consumer's Expenditure and - Income in the United Kingdom}, - journal = {Economic Journal}, - year = 1978, - volume = 88, - pages = {661--692} -} - -@TECHREPORT{davisMartinHousing, - author = {Morris A. Davis and Robert F. Martin}, - title = {Housing, House Prices, and the Equity Premium - Puzzle}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2005, - type = {Finance and Economics Discussion Series}, - number = 13 -} - -@TECHREPORT{dp01, - author = {Morris A. Davis and Michael G. Palumbo}, - title = {A Primer on the Economics and Time Series - Econometrics of Wealth Effects}, - institution = {Federal Reserve Board}, - year = 2001, - type = {FEDS working paper}, - number = 9 -} - -@TECHREPORT{davis&heathcote:landprices, - author = {Morris Davis and Jonathan Heathcote}, - title = {The Price and Quantity of Residential Land in the - United States}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2004, - type = {manuscript} -} - -@ARTICLE{davis&palumbo:wealtheffects, - author = {Davis, Morris and Palumbo, Michael}, - title = {A Primer on the Economics and Time Series - Econometrics of Wealth Effects}, - journal = {Federal Reserve Board Finance and Economics - Discussion Papers 2001-09}, - year = 2001 -} - -@MISC{DavisPalumbo:2001, - author = {Davis, Morris and Palumbo, Michael G.}, - title = {Does Stock Market Wealth Matter for Consumption?}, - howpublished = {Finance and Economics Discussion Series - 2001-23. Washington: Board of Governors of the - Federal Reserve System}, - year = 2001, - source = {Washington: Board of Governors of the Federal - Reserve System} -} - -@ARTICLE{dnKuznets, - author = {Deacon, Robert T. and Norman, Catherine S.}, - title = {Does the Environmental Kuznets Curve Describe How - Individual Countries Behave?}, - journal = {Land Economics}, - year = 2006, - volume = 82, - pages = {pp.291--315}, - number = 2, - abstract = {We examine within-country time series data on income - and concentrations of SO2, smoke, and particulates - to see if the shapes of pollution-income - relationships in individual countries agree - qualitatively with predictions of the environmental - Kuznets curve. The shapes of these relationships are - determined non-parametrically for individual - countries using recently available data on air - pollution concentrations. For smoke and - particulates, the shapes of within-country, - pollution-income patterns do not agree with the EKC - hypothesis more often than chance would dictate. For - SO2, which generally exhibits EKC-consistent - pollution-income relationships among wealthier - countries, the observed patterns are also consistent - with a simpler hypothesis.}, - copyright = {Copyright (c) 2006 The Board of Regents of the - University of Wisconsin System}, - doi = {10.3368/le.82.2.291}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dnKuznets.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dnKuznets.pdf:PDF}, - issn = 00237639, - jstor_articletype ={research-article}, - jstor_formatteddate ={May, 2006}, - language = {English}, - publisher = {University of Wisconsin Press}, - url = {http://www.jstor.org/stable/27647709} -} - -@ARTICLE{dhprvInequality, - author = {DeBacker, Jason and Heim, Bradley and Panousi, Vasia - and Ramnath, Shanthi and Vidangos, Ivan}, - title = {Rising Inequality: Transitory or Persistent? New - Evidence from a Panel of U.S. Tax Returns}, - journal = {Brookings Papers on Economic Activity}, - year = 2013, - volume = {Spring}, - pages = {67--122}, - owner = {akmaral}, - timestamp = {2014.02.02}, - url = {http://home.comcast.net/~bradheim/files/inequality_23Jan2013_all.pdf} -} - -@TECHREPORT{deb04, - author = {Guy Debelle}, - title = {Macroeconomic Implications of Rising Household Debt}, - institution = {Bank for International Settlements}, - year = 2004, - type = {working paper}, - number = 153 -} - -@ARTICLE{debelleDebt, - author = {Debelle, Guy}, - title = {Macroeconomic Implications of Rising Household Debt}, - journal = {Bank of International Settlements Working Paper - Number 513}, - year = 2004 -} - -@INCOLLECTION{debelle&fischer:cred, - author = {Debelle, Guy and Fischer, Stanley}, - title = {How Independent Should a Central Bank Be?}, - booktitle = {Goals, Guidelines, and Constraints Facing Monetary - Policymakers}, - publisher = {Federal Reserve Bank of Boston}, - year = 1994, - editor = {Fuhrer, Jeffrey C.}, - pages = {195--221}, - note = {Federal Reserve Bank of Boston Conference Series 38} -} - -@ARTICLE{DSW:2004, - author = {Dejuan, Joseph P. and Seater, John J. and Wirjanto, - Tony S.}, - title = {A direct test of the permanent Income Hypothesis - with an Application to the U.S. states}, - journal = {Journal of Money Credit and Banking}, - year = 2004, - volume = 36, - pages = {1091--1103}, - number = 6 -} - -@ARTICLE{dekle:miracle, - author = {Dekle, Robert}, - title = {Raising Saving Rates: {L}essons from the {J}apanese - Experience}, - journal = {Background Paper Prepared for {\it The East Asia - Miracle Project}}, - year = 1993, - address = {New York}, - publisher = {Oxford University Press} -} - -@ARTICLE{DelNegro:2002, - author = {Del Negro, Marco}, - title = {Asymmetric shocks among U.S. states}, - journal = {Journal of International Economics}, - year = 2002, - volume = 56 -} - -@PHDTHESIS{DelNegro:1998, - author = {Del Negro, Marco}, - title = {Aggregate Risk Sharing Across US States and Across - European Countries}, - school = {Yale University}, - year = 1998 -} - -@ARTICLE{ds04, - author = {Marco {Del Negro} and Frank Schorfheide}, - title = {Priors from General Equilibrium Models for VARs}, - journal = {International Economic Review}, - year = 2004, - volume = 45, - pages = {643--673}, - number = 2 -} - -@ARTICLE{deLongPeel, - author = {DeLong, J. Bradford}, - title = {Republic of the Central Banker}, - journal = {The American Prospect}, - year = 2008, - month = {October 27}, - note = {Available at - \url{http://www.prospect.org/cs/articles?article=republic_of_the_central_banker}} -} - -@ARTICLE{denhaan, - author = {Den Haan, Wouter J.}, - title = {Assessing the Accuracy of the Aggregate Law of - Motion in Models with Heterogeneous Agents}, - journal = {Jouranl of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {79--99}, - number = 1, - month = {January} -} - -@ARTICLE{denhaan:comparison, - author = {Den Haan, Wouter J.}, - title = {Comparison of Solutions to the Incomplete Markets - Model with Aggregate Uncertainty}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {4--27}, - number = 1, - month = {January} -} - -@ARTICLE{denhaan:agents, - author = {{Den Haan}, Wouter J.}, - title = {Understanding Equilibrium Models with a Small and a - Large Number of Agents}, - journal = {Manuscript, University of California at San Diego}, - year = 1996 -} - -@ARTICLE{denhaan:modelb, - author = {Den Haan, Wouter J. and Judd, Ken and Julliard, - Michel}, - title = {Description of Model B and Exercises}, - journal = {Manuscript}, - year = 2007 -} - -@ARTICLE{denhann:comp, - author = {Den Haan, Wouter J. and Judd, Kenneth L. and - Juillard, Michel}, - title = {Computational Suite of Models with Heterogeneous - Agents: Incomplete Markets and Aggregate - Uncertainty}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {1--3}, - number = 1, - month = {January} -} - -@ARTICLE{denhaan&rendahl, - author = {Den~Haan, Wouter J. and Rendahl, Pontus}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty Using Explicit Aggregation}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {69--78}, - number = 1, - month = {January} -} - -@MISC{bea:survey, - author = {Department of Commerce, Bureau of Economic Analysis}, - title = {Survey of Current Business}, - year = {periodic} -} - -@MISC{bea:wealth, - author = {Department of Commerce, Bureau of Economic Analysis}, - title = {Fixed Reproducible Tangible Wealth in the {U}nited - {S}tates, 1925-85}, - year = 1986, - note = {Updated periodically in the Survey of Current - Business} -} - -@ARTICLE{consumerGEP, - author = {{Deutsche Bank Securities}}, - title = {Global Economic Perspectives: Risks to US Consumer - Spending Overrated}, - journal = {Deutsche Bank Global Markets Research: Macro}, - year = 2012, - month = {February 14, 2012}, - file = {consumerGEP.pdf:consumerGEP.pdf:PDF} -} - -@ARTICLE{dl91, - author = {Diamond, Jr., Douglas B. and Michael J. Lea}, - title = {The Decline of Special Circuits in Developed Country - Housing Finance}, - journal = {Housing Policy Debate}, - year = 1991, - volume = 3, - pages = {747--777}, - number = 3 -} - -@ARTICLE{diamondSearch, - author = {Diamond, Peter A.}, - title = {Aggregate Demand Management in Search Equilibrium}, - journal = {Journal of Political Economy}, - year = 1982, - volume = 90, - pages = {881--894}, - month = {October} -} - -@INCOLLECTION{diebold&lopez:forecastbias, - author = {Diebold, Francis X. and Lopez, Jose A.}, - title = {Forecast Evaluation and Combination}, - booktitle = {Handbook of Statistics}, - publisher = {North Holland}, - year = 1996, - editor = {Maddala, G.S. and Rao, C.R.}, - pages = {241--68}, - address = {Amsterdam} -} - -@ARTICLE{dghNegativeEquity, - author = {Disney, Richard and Gathergood, John and Henley, - Andrew}, - title = {House Price Shocks, Negative Equity, and Household - Consumption in the United Kingdom}, - journal = {Manuscript, University of Nottingham}, - year = 2008, - month = {October} -} - -@TECHREPORT{DisneyEtAl:2003, - author = {Disney, Richard and Henley, Andrew and Jevons, - David}, - title = {House Price Shocks, Negative Equity and Household - Consumption in the UK in the 1990s}, - institution = {University of Nottingham}, - year = 2003, - type = {memo}, - month = Aug -} - -@BOOK{dixit&pindyck:option, - title = {Investment Under Uncertainty}, - publisher = {Princeton University Press}, - year = 1994, - author = {Dixit, Avinash K. and Pindyck, Robert S.}, - address = {Princeton, NJ} -} - -@ARTICLE{dfhsCognitive, - author = {Thomas Dohmen and Armin Falk and David Huffman and - Uwe Sunde}, - title = {Are Risk Aversion and Impatience Related to - Cognitive Ability?}, - journal = {American Economic Review}, - year = 2010, - volume = 100, - pages = {1238--60}, - number = 3, - month = {June}, - note = - {\url{http://ideas.repec.org/a/aea/aecrev/v100y2010i3p1238-60.html}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dfhsCognitive.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dfhsCognitive.pdf:PDF}, - url = - {http://ideas.repec.org/a/aea/aecrev/v100y2010i3p1238-60.html} -} - -@MISC{Doornik1994, - author = {Doornik, J. and Hansen, H.}, - title = {An omnibus test for univariate and multivariate - normality}, - year = 1994, - bdsk-url-1 = {http://citeseer.ist.psu.edu/doornik94omnibu.html}, - text = {Doornik, J. A., & Hansen, H. (1994). An omnibus test - for univariate and multivariate normality (Working - paper). NuOEeld College, Oxford.}, - url = {http://citeseer.ist.psu.edu/doornik94omnibu.html} -} - -@MISC{doornik94omnibus, - author = {J. Doornik and H. Hansen}, - title = {An omnibus test for univariate and multivariate - normality}, - year = 1994, - text = {Doornik, J. A., & Hansen, H. (1994). An omnibus test - for univariate and multivariate normality (Working - paper). NuOEeld College, Oxford.}, - url = {citeseer.ist.psu.edu/doornik94omnibu.html} -} - -@ARTICLE{dkw:Ss, - author = {Dotsey, Michael and King, Robert G. and Wolman, - Alexander L.}, - title = {State Dependent Pricing and the General Equilibrium - Dynamics of Money and Output}, - journal = {Quarterly Journal of Economics}, - year = 1999, - volume = 114, - pages = {655--690} -} - -@ARTICLE{DrezeModigliani, - author = {Dr\`eze, Jacques H. and Modigliani, Franco}, - title = {Consumption Decisions Under Uncertainty}, - journal = {Journal of Economic Theory}, - year = 1972, - volume = 5, - pages = {308--335} -} - -@ARTICLE{dua&ray:arima, - author = {Dua, Pami and Ray, Subash C.}, - title = {ARIMA Models of the Price Level: An Assessment of - the Multilevel Adaptive Learning Process in the USA}, - journal = {Journal of Forecasting}, - year = 1992, - volume = 11, - pages = {507--16} -} - -@BOOK{duesenberry:BOOK, - title = {Income, Saving, and the Theory of Consumer Behavior}, - publisher = {Harvard University Press}, - year = 1949, - author = {Duesenberry, James S.}, - address = {Cambridge, MA} -} - -@ARTICLE{duncan&hill:measerr, - author = {Duncan, Gregory J. and Hill, Daniel H.}, - title = {An Investigation of the Extent and Consequences of - Measurement Error in Labor-Economic Survey Data}, - journal = {Journal of Labor Economics}, - year = 1985, - volume = 3, - number = 4 -} - -@MISC{dunn:paper2, - author = {Dunn, Wendy E.}, - title = {Unemployment Risk, Precautionary Saving, and Durable - Goods Purchase Decisions}, - howpublished = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1998 -} - -@article{CoeurdacierGuibaudJin2015, - title = {Credit Constraints and growth in a Global Economy}, - author = {Coeurdacier, Nicolas and St\'ephane Guibaud and Keyu Jin}, - journal = {American Economic Review}, - volume = {105}, - number = {9}, - pages = {2838-81}, - year = {2015}, -} - -@ARTICLE{JeanneBrookings, - author = {Jeanne, Olivier}, - title = {International Reserves in Emerging Market Countries: - Too Much of a Good Thing?}, - journal = {Brookings Papers on Economic Activity}, - year = 2007, - volume = 2007, - pages = {1--55} -} - - -@article{dmtMercant, -Author = {Durdu, Ceyhun Bora and Mendoza, Enrique G. and Terrones, Marco E.}, -Journal = {Journal of Development Economics}, -Title = {Precautionary Demand for Foreign Assets in Sudden Stop Economies: an Assessment of the New Mercantilism}, -Year = {2009}, -Volume={89}, -Pages={194 - 209} -} -@ARTICLE{dmtMercant-FedWP, - author = {Durdu, Ceyhun Bora and Mendoza, Enrique G. and - Terrones, Marco E.}, - title = {Precautionary Demand for Foreign Assets in Sudden - Stop Economies: An Assessment of the New - Mercantilism}, - journal = {FRB International Finance Discussion Paper No. 911}, - year = 2007, - month = {December} -} - -@ARTICLE{duyganTurk94, - author = {Duygan, Burcu}, - title = {Welfare Cost of Financial Crises When Risk-Sharing - Is Imperfect: Evidence from Turkey}, - journal = {Manuscript, European University Institute}, - year = 2006 -} - -@ARTICLE{dkEcRec07, - author = {Nikola Dvornak and Marion Kohler}, - title = {Housing Wealth, Stock Market Wealth and Consumption: - A Panel Analysis for Australia}, - journal = {Economic Record}, - year = 2007, - volume = 83, - pages = {117--130}, - number = 261 -} - -@ARTICLE{dynanDeleveraging, - author = {Dynan, Karen E.}, - title = {Is Household Debt Overhang Holding Back - Consumption?}, - journal = {Brookings Papers on Economic Activity}, - year = 2012, - month = {March}, - note = - {\url{http://www.brookings.edu/~/media/Files/Programs/ES/BPEA/2012_spring_bpea_papers/2012_spri}}, - url = - {http://www.brookings.edu/~/media/Files/Programs/ES/BPEA/2012_spring_bpea_papers/2012_spri} -} - -@ARTICLE{ad85, - author = {Angus Deaton}, - title = {Panel Data from Time Series and Cross Sections}, - year = 1985, - journal = {Journal of Econometrics}, - volume = 30, - pages = {109-26} -} - -@ARTICLE{dynanHabits, - author = {Dynan, Karen E.}, - title = {Habit Formation in Consumer Preferences: Evidence - from Panel Data}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - number = 3, - note = {\url{http://www.jstor.org/stable/117335}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dynanHabits.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dynanHabits.pdf:PDF}, - url = {http://www.jstor.org/stable/117335} -} - -@ARTICLE{dynan:lawrenceiswrong, - author = {Dynan, Karen E.}, - title = {The rate of time preference and shocks to wealth: - evidence from panel data}, - journal = {Economic Activity Section Working Paper no. 134}, - year = 1993, - month = {July} -} - -@ARTICLE{dynan:precautionary, - author = {Dynan, Karen E.}, - title = {How Prudent Are Consumers?}, - journal = {Journal of Political Economy}, - year = 1993, - volume = 101, - pages = {1104--1113}, - number = 6 -} - -@ARTICLE{dk:hhdebt, - author = {Dynan, Karen E. and Kohn, Donald L.}, - title = {The Rise in U.S.\ Household Indebtedness: Causes and - Consequences}, - journal = {Finance and Economics Discussion Series 2007-37}, - year = 2007 -} - -@TECHREPORT{dynanKohnDebt, - author = {Karen E. Dynan and Donald L. Kohn}, - title = {The Rise in U.S. Household Indebtedness: Causes and - Consequences}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2007, - type = {International Finance Discussion Paper}, - number = 37 -} - -@ARTICLE{dynan&maki:stockmarket, - author = {Dynan, Karen E. and Maki, Dean M.}, - title = {Does Stock Market Wealth Matter for Consumption?}, - journal = {Board of Governors of the Federal Reserve System, - Finance and Economics Discussion Papers 23}, - year = 2001 -} - -@ARTICLE{Dynan2012, - author = {Karen Dynan}, - title = {Is a Household Debt Overhang Holding Back - Consumption?}, - journal = {Brookings Papers on Economic Activity}, - year = 2012, - volume = {Spring}, - pages = {299--362}, - owner = {akmaral}, - timestamp = {2014.02.02} -} - -@MISC{DynanMaki:2001, - author = {Dynan, Karen E. and Maki, Dean M.}, - title = {A Primer on the Economics and Time Series - Econometrics of Wealth Effects}, - howpublished = {Finance and Economics Discussion Series - 2001-9. Washington: Board of Governors of the - Federal Reserve System}, - year = 2001, - source = {Washington: Board of Governors of the Federal - Reserve System} -} - -@ARTICLE{dsz:richsave, - author = {Dynan, Karen E. and Skinner, Jonathan S. and Zeldes, - Stephen P.}, - title = {Do the Rich Save More?}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1996 -} - -@INCOLLECTION{easterlin:cult, - author = {Easterlin, Richard}, - title = {Does Economic Growth Improve the Human Lot? Some - Empirical Evidence}, - booktitle = {Nations and Households in Economic Growth. Essays in - Honour of Moses Abramowitz}, - publisher = {Academic Press}, - year = 1974, - address = {New York and London}, - note = - {\url{http://graphics8.nytimes.com/images/2008/04/16/business/Easterlin1974.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/easterlinGrowth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/easterlinGrowth.pdf:PDF}, - url = - {http://graphics8.nytimes.com/images/2008/04/16/business/Easterlin1974.pdf} -} - -@ARTICLE{elNotFactor, - author = {Easterly, William and Levine, Ross}, - title = {What Have We Learned From A Decade Of Empirical - Research On Growth? It's Not Factor Accumulation: - Stylized Facts And Growth Models}, - journal = {The World Bank Economic Review}, - year = 2001, - volume = 15, - pages = {177--219}, - number = 2, - publisher = {World Bank} -} - -@ARTICLE{ekpsLuck, - author = {Easterly, William and Kremer, Michael and Pritchett, - Lant and Summers, Lawrence H.}, - title = {Good Policy or Good Luck?}, - journal = {Journal of Monetary Economics}, - year = 1993, - volume = 32, - pages = {459--483}, - number = 3, - publisher = {Elsevier} -} - -@ARTICLE{abel&eberly:unified, - author = {Eberly, Janice and Abel, Andrew}, - title = {A Unified Model of Investment Under Uncertainty}, - journal = {American Economic Review}, - year = 1994, - volume = 84, - pages = {1369--1384}, - number = 5, - month = {December}, - note = {Available at { - \url{http://ideas.repec.org/a/aea/aecrev/v84y1994i5p1369-84.html}}} -} - -@ARTICLE{eberly:flexible, - author = {Eberly, Janice C.}, - title = {Flexible (S,s) Bands, Uncertainty, and Aggregate - Consumer Durables Purchases}, - journal = {Working Paper, University of Pennsylvania}, - year = 1997 -} - -@ARTICLE{eberly:jpe, - author = {Eberly, Janice C.}, - journal = {Journal of Political Economy}, - year = 1993 -} - -@BOOK{ceaARRAsixth, - title = {The Economic Impact of the American Recovery and - Reinvestment Act of 2009}, - publisher = {Government Printing Office}, - year = 2011, - author = {President's~Council~of~Economic~Advisers}, - address = {Washington, DC}, - month = {March}, - bdsk-url-1 = - {http://www.whitehouse.gov/the-press-office/2011/03/18/cea-releases-sixth-quarterly-report-economic-impact-recovery-act}, - day = 18, - url = - {http://www.whitehouse.gov/the-press-office/2011/03/18/cea-releases-sixth-quarterly-report-economic-impact-recovery-act} -} - -@ARTICLE{EdelsteinEtAl:2004, - author = {Edelstein, Robert H. and Lum, Sau Kim}, - title = {House prices, wealth effects, and the Singapore - macroeconomy}, - journal = {Journal of Housing Economics}, - year = 2004, - volume = 13, - pages = {342--367} -} - -@ARTICLE{edison&slok:neweconomy, - author = {Edison, Hali and k, Torsten Sl{\o}k}, - title = {Wealth Effects and the New Economy}, - journal = {IMF Working Paper 01/77}, - year = 2001 -} - -@ARTICLE{EdwardsCyclical, - author = {Edwards, Ryan D.}, - title = {The Cost of Cyclical Mortality}, - journal = {The B.E. Journal of Macroeconomics (Contributions)}, - year = 2009, - volume = 9, - note = {Available at - {\url{http://www.bepress.com/bejm/vol9/iss1/art7}, - DOI: 10.2202/1935-1690.1729}}, - issue = {1, Article 7} -} - -@MISC{edwards:whysave, - author = {Edwards, Sebastian}, - title = {Why are Saving Rates so Different Across Countries?: - An International Comparative Analysis}, - howpublished = {NBER Working Paper 5097}, - year = 1995 -} - -@TECHREPORT{ecb05b, - author = {Ehrmann, Michael and Fratzscher, Marcel}, - title = {Communication and Decision-making by Central Bank - Committees: Different Strategies, same - Effectiveness?}, - institution = {European Central Bank}, - year = 2005, - type = {European Central Bank Working Paper}, - number = 488 -} - -@TECHREPORT{eissa04, - author = {Eissa, Nada and Kleven, Henrik Jacobsen and Kreiner, - Claus Thustrup}, - title = {Evaluation of Four Tax Reforms in the {U}nited - {S}tates: {L}abor Supply and Welfare Effects for - Single Mothers}, - institution = {National Bureau of Economic Research, Inc}, - year = 2004, - type = {NBER Working Papers}, - number = 10935 -} - -@ARTICLE{elliott:restricted, - author = {Elliott, Graham}, - title = {Estimating Restricted Cointegrating Vectors}, - journal = {Journal of Business and Economic Statistics}, - year = 2000, - volume = 18, - pages = {91--99} -} - -@ARTICLE{elliott:initial, - author = {Elliott, Graham}, - title = {Efficient Tests for a Unit Root When the Initial - Observation is Drawn from its Unconditional - Distribution}, - journal = {International Economic Review}, - year = 1999, - volume = 40, - pages = {767--783}, - number = 3, - month = {August} -} - -@ARTICLE{elliott:almost, - author = {Elliott, Graham}, - title = {On the Robustness of Cointegration Methods When - Regressors Almost Have Unit Roots}, - journal = {Econometrica}, - year = 1998, - volume = 66, - pages = {149--158}, - number = 1, - month = {January} -} - -@ARTICLE{elliottfatas:current, - author = {Elliott, Graham and Fat\`as, Antonio}, - title = {International business cycles and the dynamics of - the current account}, - journal = {European Economic Review}, - year = 1996, - volume = 40, - pages = {361--387} -} - -@ARTICLE{elliottito:hetero, - author = {Elliott, Graham and Ito, Takatoshi}, - title = {Heterogeneous expectations and tests of Efficiency - in the yen/dollar forward exchange rate market}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 43, - pages = {435--456} -} - -@ARTICLE{elliottjansson:stationary, - author = {Elliott, Graham and Jansson, Michael}, - title = {Testing for unit roots with stationary covariates}, - journal = {Journal of Econometrics}, - year = 2003, - volume = 115, - pages = {75--89}, - number = 1, - month = {July} -} - -@ARTICLE{ejp:optimalpower, - author = {Elliott, Graham and Jansson, Michael and Pesavento, - Elena}, - title = {Optimal Power for Testing Potential Cointegrating - Vectors with Known Parameters for Nonstationarity}, - journal = {Working Paper, Department of Economics, University - of California at San Diego}, - year = 2002 -} - -@ARTICLE{ekt:loss, - author = {Elliott, Graham and Komunjer, Ivana and Timmermann, - Allan G.}, - title = {Estimating Loss Function Parameters}, - journal = {CEPR Discussion Paper No. 3821}, - month = {March 2003} -} - -@ARTICLE{elliottstock:nearone, - author = {Elliott, Graham and Stock, James H.}, - title = {Confidence intervals for autoregressive coefficients - near one}, - journal = {Journal of Econometrics}, - year = 2001, - volume = 103, - pages = {155--181}, - number = {1-2} -} - -@ARTICLE{et:forecast, - author = {Elliott, Graham and Timmermann, Allan}, - title = {Optimal Forecast Combinations Under General Loss - Functions and Forecast Error Distributions}, - journal = {Forthcoming, Journal of Forecasting}, - year = 2004 -} - -@ARTICLE{et:regime, - author = {Elliott, Graham and Timmermann, Allan}, - title = {Optimal Forecast Combination Under Regime Switching}, - journal = {Forthcoming, International Economic Review}, - year = 2004 -} - -@ARTICLE{ellison&fudenberg:social, - author = {Ellison, Glen and Fudenberg, Drew}, - title = {Word-of-Mouth Communication and Social Learning}, - journal = {Quarterly Journal of Economics}, - year = 1995, - volume = 110, - pages = {93--125} -} - -@ARTICLE{EngenGruber:UI, - author = {Engen, Eric and Gruber, Jonathan}, - title = {Unemployment Insurance and Precautionary Saving}, - journal = {Journal of Monetary Economics}, - year = 2001, - volume = 47, - pages = {545--579} -} - -@ARTICLE{englund&ioannides:houseprices, - author = {Englund, Peter and Ioannides, Yannis}, - title = {House Price Dynamics: An International Empirical - Perspective}, - journal = {Journal of Housing Economics}, - year = 1997, - volume = 6, - pages = {119--136} -} - -@TECHREPORT{ecb05, - author = {{European Central Bank}}, - title = {Inflation Persistence and Price Setting Behaviour in - the Euro Area}, - year = 2005, - type = {report}, - note = {available at {\footnotesize - \url{http://www.ecb.int/home/pdf/research/inflationpersistencepricesettingreport.pdf}}} -} - -@TECHREPORT{ecb03, - author = {{European Central Bank}}, - title = {Structural Factors in the EU Housing Markets}, - institution = {European Central Bank}, - year = 2003, - type = {report}, - note = {available at {\footnotesize - \url{http://www.ecb.eu/pub/pdf/other/euhousingmarketsen.pdf}}} -} - -@TECHREPORT{elp02, - author = {Evans, Charles L. and Liu, Chin Te and Pham--Kanter, - Genevieve}, - title = {The 2001 Recession and the Chicago Fed National - Activity Index: Identifying Business Cycle Turning - Points}, - institution = {Federal Reserve Bank of Chicago}, - year = 2002, - type = {Economic Perspectives}, - pages = {26--43} -} - -@BOOK{evans&honk:book, - title = {Learning and Expectations in Macroeconomics}, - publisher = {Princeton University Press}, - year = 2001, - author = {Evans, George W. and Honkapohja, Seppo}, - address = {Princeton} -} - -@ARTICLE{evans&honk:survey, - author = {Evans, George W. and Honkapohja, Seppo}, - title = {Learning Dynamics}, - journal = {Manuscript, University of Oregon}, - year = 1999 -} - -@ARTICLE{evansInterestElasticity, - author = {Evans, Owen J.}, - title = {Tax Policy, the Interest Elasticity of Saving, and - Capital Accumulation: Numerical Analysis of - Theoretical Models}, - journal = {The American Economic Review}, - year = 1983, - pages = {398--410}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/evansInterestElasticity.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/evansInterestElasticity.pdf:PDF}, - publisher = {JSTOR} -} - -@ARTICLE{fama:inherit, - author = {Fama, Eugene F.}, - title = {Multiperiod Consumption-Investment Decisions}, - journal = {American Economic Review}, - year = 1970, - volume = 60, - pages = {163--74}, - number = 1 -} - -@ARTICLE{fhnRisk, - author = {Fan, Lin and Hobbs, Benjamin F. and Norman, - Catherine S.}, - title = {Risk Aversion And CO2 Regulatory Uncertainty In - Power Generation Investment: Policy And Modeling - Implications}, - journal = {Journal of Environmental Economics and Management}, - year = 2010, - volume = 60, - pages = {193--208}, - number = 3, - note = {\\ - \url{http://dx.doi.org/10.1016/j.jeem.2010.08.001}}, - doi = {10.1016/j.jeem.2010.08.001}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhnRisk.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhnRisk.pdf:PDF}, - publisher = {Elsevier}, - url = {http://dx.doi.org/10.1016/j.jeem.2010.08.001} -} - -@ARTICLE{faust:robust, - author = {Faust, Jon}, - title = {The Robustness of Identified VAR Conclusions About - Money}, - journal = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1998, - volume = 49, - pages = {207--244} -} - -@ARTICLE{faust:errors, - author = {Faust, Jon and Rogers, John}, - title = {Monetary Policy's Role in Exchange Rate Behavior}, - journal = {Journal of Monetary Economics}, - year = 2003, - volume = 50, - pages = {1403--24}, - number = 7, - month = {October} -} - -@ARTICLE{frsw:identifying, - author = {Faust, Jon and Rogers, John H. and Swanson, Eric and - Wright, Jonathan H.}, - title = {Identifying the Effects Of Monetary Policy Shocks On - Exchange Rates Using High Frequency Data}, - journal = {Journal of the European Economic Association}, - year = 2003, - volume = 1, - pages = {1031--57}, - month = {September} -} - -@ARTICLE{fhw:stigma, - author = {Fay, Scott and Hurst, Erik and White, Michelle}, - title = {The Bankruptcy Decision: Does Stigma Matter?}, - journal = {University of Michigan Working Paper}, - year = 1998, - volume = {98-1} -} - -@ARTICLE{fhp, - author = {Fazzari, Stephen and Hubbard, R. Glenn and Petersen, - Bruce C.}, - title = {Financing Constraints and Corporate Investment}, - journal = {Brookings Papers on Economic Activity}, - year = 1988, - volume = 1988, - pages = {141--206}, - number = 1, - bdsk-url-1 = - {http://links.jstor.org/sici?sici=0007-2303%281988%291988%3A1%3C141%3AFCACI%3E2.0.CO%3B2-O}, - url = - {http://links.jstor.org/sici?sici=0007-2303%281988%291988%3A1%3C141%3AFCACI%3E2.0.CO%3B2-O} -} - -@ARTICLE{flLifeCycleUncert, - author = {Feigenbaum, James and Geng Li}, - title = {Life Cycle Dynamics of Income Uncertainty and - Consumption}, - journal = {B.E. Journal of Macroeconomics}, - year = 2012, - volume = {12: Iss. 1 (Advances), Article 11} -} - -@ARTICLE{flUncert, - author = {Feigenbaum, James and Li, Geng}, - title = {Lifecycle Dynamics of Income Uncertainty and - Consumption}, - year = 2011 -} - -@ARTICLE{feldsteinInfl, - author = {Feldstein, M.}, - title = {{Inflation, tax rules and the stock market* 1}}, - journal = {Journal of Monetary Economics}, - year = 1980, - volume = 6, - pages = {309--331}, - number = 3, - issn = {0304-3932}, - publisher = {Elsevier} -} - -@ARTICLE{feldstein:myopic, - author = {Feldstein, Martin S.}, - title = {The Optimal Level of Social Security Benefits}, - journal = {Quarterly Journal of Economics}, - year = 1985, - volume = 100, - pages = {303--19} -} - -@Article{feldstein:induced, - Title = {Social Security, Induced Retirement, and Aggregate - Capital Formation}, - Author = {Feldstein, Martin S.}, - Journal = {Journal of Political Economy}, - Year = 1974, - Month = {October}, - Note = {Available at { - \url{http://www.jstor.org/stable/1829174}}}, - Number = 4, - Pages = {905--926}, - Volume = 82, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1829174} -} - -@ARTICLE{feldstein&horioka:sequalsi, - author = {Feldstein, Martin S. and Horioka, Charles Y.}, - title = {Domestic Saving and International Capital Flows}, - journal = {Economic Journal}, - year = 1980, - volume = 90, - pages = {314--29}, - month = {June} -} - -@ARTICLE{fernandez-corugedo:softlc, - author = {Fernandez-Corugedo, Emilio}, - title = {Soft Liquidity Constraints and Precautionary - Savings}, - journal = {Manuscript, Bank of England}, - year = 2000 -} - -@ARTICLE{fpb:consumption, - author = {Fernandez-Corugedo, Emilio and Price, Simon and - Blake, Andrew}, - title = {The Dynamics of Consumer's Expenditure: the UK - Consumption ECM Redux}, - journal = {Bank of England Working Paper 204}, - year = 2003 -} - -@TECHREPORT{fpb03, - author = {Fernandez-Corugedo, Emilio and Price, Simon and - Blake, Andrew}, - title = {The Dynamics of Consumers’ Expenditure: The UK - Consumption ECM Redux}, - institution = {Bank of England}, - year = 2003, - type = {working paper}, - number = 204 -} - -@BOOK{fisherInterestTheory, - title = {The Theory of Interest}, - publisher = {MacMillan}, - year = 1930, - author = {Fisher, Irving}, - address = {New York} -} - -@TECHREPORT{fisherEtAl:HsngBooms, - author = {Fisher, Lance A. and Otto, Glenn and Voss, Graham}, - title = {Housing Booms, Non-Financial Wealth and Consumption: - Lessons from the Australian Experience}, - institution = {University of Victoria}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{fishe&idson:infohetero, - author = {Fisher, Raymond P. H. and Idson, Todd L.}, - title = {Information-Induced Heteroscedasticity in Price - Expectations Data}, - journal = {Review of Economics and Statistics}, - year = 1990, - volume = 72, - pages = {304--312}, - number = 2 -} - -@INCOLLECTION{flavinHousingAndWealth, - author = {Flavin, Marjorie}, - title = {Housing and Wealth Portfolios}, - booktitle = {International Encyclopedia of Housing and Home}, - publisher = {Elsevier}, - year = {Forthcoming}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHousingAndWealth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHousingAndWealth.pdf:PDF} -} - -@ARTICLE{flavinHAdjMacro, - author = {Flavin, Marjorie}, - title = {Housing, Adjustment Costs, and Macro Dynamics}, - journal = {CESifo Economics Studies Conference on Housing - Taxation and Regulation, 19–20 November 2010, - Munich}, - year = 2010, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHAdjMacro.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHAdjMacro.pdf:PDF}, - url = {http://dx.doi.org/10.1093/cesifo/ifr019} -} - -@TECHREPORT{flavinEndogenousRA, - author = {Flavin, Marjorie}, - title = {Housing, Adjustment Costs, and Endogenous Risk - Aversion}, - year = 2009, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinEndogenousRA.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinEndogenousRA.pdf:PDF}, - journal = {Bank of Spain conference on Household Finance and - Macroeconomics, Madrid, 15-16 October, 2009} -} - -@ARTICLE{flavinSmoothness, - author = {Flavin, Marjorie}, - title = {The Excess Smoothness of Consumption: Identification - and Interpretation}, - journal = {The Review of Economic Studies}, - year = 1993, - volume = 60, - number = 3, - month = {June}, - note = {\\ \url{http://www.jstor.org/stable/2298129}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinSmoothness.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinSmoothness.pdf:PDF}, - url = {http://www.jstor.org/stable/2298129} -} - -@ARTICLE{flavinLCorMyopia, - author = {Flavin, Marjorie}, - title = {Excess Sensitivity of Consumption to Current - Income:Liquidity Constraints or Myopia?}, - journal = {NBER Working Paper Number 1314}, - year = 1984, - note = {\\ - \url{http://www.worldcat.org/title/excess-sensitivity-of-consumption-to-current-income-liquidity-constraints-or-myopia/oclc/72446615}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinLCorMypopia.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinLCorMyopia.pdf:PDF}, - url = - {http://www.worldcat.org/title/excess-sensitivity-of-consumption-to-current-income-liquidity-constraints-or-myopia/oclc/72446615} -} - -@TECHREPORT{flavinRobust, - author = {Marjorie A. Flavin}, - title = {The Joint Consumption/Asset Demand Decision: A Case - Study in Robust Estimation}, - institution = {National Bureau of Economic Research}, - year = 1991, - type = {Working Paper}, - number = 3802, - month = {August}, - abstract = {The paper uses a previously unexploited data set -- - the Michigan Survey of Consumer Finances -- to ask - whether the finding that consumption tracks current - income more closely than is consistent with the - permanent income hypothesis can be attributed solely - or partially to borrowing constraints. Using - household data on income and asset stocks, the paper - studies the saving side of the consumption/saving - decision, and thus provides inferences on a - comprehensive concept of consumption. To limit the - influence of outliers, the paper uses a robust - instrumental variables estimator, and argues that - achieving robustness with respect to leverage points - is actually simpler, both conceptually and - computationally, in an instrumental variables - context than in the OLS context. The results - indicate that households do use asset stocks to - smooth their consumption, although this smoothing is - far from complete. However, there is no evidence - that the excess sensitivity of consumption to - current income is caused by borrowing - constraints. Compared to the conventional results, - the robust instrumental variables estimates are more - stable across different subsamples, more consistent - with the theoretical specification of the model, and - indicate that some of the most striking findings in - the conventional results were attributable to a - single, highly unusual observation.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinRobust.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinRobust.pdf:PDF}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w3802} -} - -@Article{flavinSensitive, - Title = {The Adjustment of Consumption to Changing - Expectations About Future Income}, - Author = {Flavin, Marjorie B.}, - Journal = {Journal of Political Economy}, - Year = 1981, - Note = {\\ \url{http://www.jstor.org/stable/1830816}}, - Pages = {974--1009}, - Volume = 89, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1830816} -} - -@ARTICLE{fy00, - author = {Marjorie A. Flavin and Takashi Yamashita}, - title = {Owner-Occupied Housing and the Composition of the - Household Portfolio over the Life-Cycle}, - journal = {American Economic Review}, - year = 2000, - volume = 92, - pages = {345--62} -} - -@TECHREPORT{fn04, - author = {Marjorie Flavin and Shinobu Nakagawa}, - title = {A Model of Housing in the Presence of Adjustment - Costs: A Structural Interpretation of Habit - Persistence}, - institution = {National Bureau of Economic Research}, - year = 2004, - type = {working paper}, - number = 10458 -} - -@ARTICLE{fyHousingLC, - author = {Flavin, Marjorie and Takashi Yamashita}, - title = {Owner-Occupied Housing: Life-Cycle Implications for - the Household Portfolio}, - journal = {American Economic Review: Papers and Proceedings}, - year = 2011, - volume = 101, - pages = {609-–614}, - number = 3, - note = {\\ \url{http://www.aeaweb.org/articles.php?doi= - 10.1257/aer.101.3.609}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingLifeCycle.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingLifeCycle.pdf:PDF}, - url = - {http://www.aeaweb.org/articles.php?doi=10.1257/aer.101.3.609} -} - -@ARTICLE{fyPortfolio, - author = {Flavin, Marjorie and Takashi Yamashita}, - title = {Owner-Occupied Housing: The Role of Collateral - Constraints on the Household Portfolio}, - journal = {Manuscript, UCSD}, - year = 2011, - month = {October}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyPortfolio.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyPortfolio.pdf:PDF} -} - -@ARTICLE{fyHousingHHPortfolio, - author = {Flavin, Marjorie and Yamashita, Takashi}, - title = {Owner-Occupied Housing and the Composition of the - Household Portfolio}, - journal = {The American Economic Review}, - year = 2002, - volume = 92, - pages = {pp.345--362}, - number = 1, - note = {\\ \url{http://www.jstor.org/stable/3083338}}, - copyright = {Copyright © 2002 American Economic Association}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingHHPortfolio.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingHHPortfolio.pdf:PDF}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={Mar., 2002}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/3083338} -} - -@ARTICLE{FlemingRemolona:whatmoves, - author = {Fleming, Michael and Remolona, Eli}, - title = {What Moves the Bond Market?}, - journal = {Federal Reserve Bank of New York Economic Policy - Review}, - year = 1997, - volume = 3, - pages = {31--50} -} - -@INCOLLECTION{fm00, - author = {Flemming, J.S. and Micklewright, John}, - title = {Income distribution, economic systems and - transition}, - booktitle = {Handbook of Income Distribution}, - publisher = {Elsevier}, - year = 2000, - editor = {Atkinson, Anthony B. and Bourguignon, Frank}, - pages = {843--918}, - address = {Cambridge, MA} -} - -@ARTICLE{fogliPerriMod, - author = {Fogli, Alessandra and Perri, Fabrizio}, - title = {The `Great Moderation' and the U.S.\ External - Imbalance}, - journal = {NBER Working Paper Number w12708}, - year = 2006, - month = {November} -} - -@TECHREPORT{fksvvFDIpty, - author = {Christian Fons-Rosen and Sebnem Kalemli-Ozcan and - Bent E. S{\o}rensen and Carolina Villegas-Sanchez - and Vadym Volosovych}, - title = {Quantifying Productivity Gains from Foreign - Investment}, - institution = {National Bureau of Economic Research}, - year = 2013, - type = {Working Paper}, - number = 18920, - month = {March}, - abstract = {We quantify the causal effect of foreign investment - on total factor productivity (TFP) using a new - global firm-level database. Our identification - strategy relies on exploiting the difference in the - amount of foreign investment by financial and - industrial investors and simultaneously controlling - for unobservable firm and country-sector-year - factors. Using our well identified firm level - estimates for the direct effect of foreign ownership - on acquired firms and for the spillover effects on - domestic firms, we calculate the aggregate impact of - foreign investment on country-level productivity - growth and find it to be very small.}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18920} -} - -@TECHREPORT{fglr04, - author = {Forni, Mario and Giannone, Domenico and Lippi, Marco - and Reichlin, Lucrezia}, - title = {Opening the Black Box: Structural Factor Models - versus Structural VARs}, - institution = {Universit{\'}e Libre de Bruxelles}, - year = 2004, - type = {mimeo} -} - -@BOOKLET{fanniemae:housesize, - title = {Opening the Door to a Home of Your Own}, - author = {Foundation, Fannie Mae}, - address = {Washington, D.C.}, - year = 1997 -} - -@ARTICLE{francisCapitalistSpirit, - author = {Francis, Johanna L.}, - title = {Wealth and the capitalist spirit}, - journal = {Journal of Macroeconomics}, - year = 2009, - volume = 31, - pages = {394--408}, - number = 3, - doi = {10.1016/j.jmacro.2008.10.007}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/francisCapitalistSpirit.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/francisCapitalistSpirit.pdf:PDF}, - issn = {0164-0704}, - keywords = {Capitalist spirit}, - url = - {http://www.sciencedirect.com/science/article/pii/S0164070408000785} -} - -@BOOK{frank:rightpond, - title = {On Choosing the Right Pond: Human Behavior and the - Quest for Status}, - publisher = {Oxford University Press}, - year = 1985, - author = {Frank, Robert H.}, - address = {New York} -} - -@ARTICLE{fratantoni:housing, - author = {Fratantoni, Michael}, - title = {Homeownership, Committed Expenditure Risk, and the - Stockholding Puzzle}, - journal = {Oxford Economic Papers}, - year = 2001, - volume = 53, - pages = {241--259}, - number = 2, - month = {April} -} - -@ARTICLE{fratantoni:empirical, - author = {Fratantoni, Michael C.}, - title = {Homeownership and Investment in Risky Assets}, - journal = {Journal of Urban Economics}, - year = 1998, - volume = 44, - pages = {27--42} -} - -@ARTICLE{fratantoni:equitypremium, - author = {Fratantoni, Michael C.}, - title = {Income Uncertainty and the Equity Premium Puzzle}, - journal = {Manuscript, Johns Hopkins University}, - year = 1998 -} - -@ARTICLE{friedman:extreme, - author = {Friedman, Benjamin M.}, - title = {Optimal Expectations and the Extreme Information - Assumptions of `Rational Expectations' Macromodels}, - journal = {Journal of Monetary Economics}, - year = 1979, - volume = 5, - pages = {23--41} -} - -@ARTICLE{friedmanMoney, - author = {Friedman, Milton}, - title = {The Role of Monetary Policy: Presidential Address to - the American Economic Association}, - journal = {American Economic Review}, - year = 1968, - volume = 58, - pages = {1--15}, - number = 1 -} - -@INCOLLECTION{as-if, - author = {Friedman, Milton}, - title = {Methodology in Positive Economics}, - booktitle = {Essays in Positive Economics}, - publisher = {University Of Chicago Press}, - year = 1966, - pages = {3--43}, - month = {August}, - abstract = {{"}Stimulating, provocative, often infuriating, but - well worth reading.{"}--Peter Newman, Economica - {"}His critical blast blows like a north wind - against the more pretentious erections of modern - economics. It is however a healthy and invigorating - blast, without malice and with a sincere regard for - scientific objectivity.{"}--K.E. Boulding, Political - Science Quarterly {"}Certainly one of the most - engrossing volumes that has appeared recently in - economic theory.{"}--William J. Baumol, Review of - Economics and Statistics}, - bdsk-url-1 = - {http://www.amazon.ca/exec/obidos/redirect?tag=citeulike09-20%5C&path=ASIN/0226264033}, - citeulike-article-id =2716803, - comment = {CHIFLEY HB33.F7}, - howpublished = {Paperback}, - keywords = {agents, economics, file-import-08-04-25, parsimony, - rationality}, - posted-at = {2008-04-25 06:53:12}, - priority = 2, - url = - {http://www.amazon.ca/exec/obidos/redirect?tag=citeulike09-20\&path=ASIN/0226264033} -} - -@INCOLLECTION{friedmanBodkinComments, - author = {Friedman, Milton}, - title = {Comments}, - booktitle = {Consumption and Saving}, - publisher = {University of Pennsylvania Press}, - year = 1960, - address = {Philadelphia} -} - -@techreport{leBlancGeorgarakos:IncomeProcessesInEurope, - author = {Julia {\noopsort{Blanc}}{Le Blanc} and Dimitris - Georgarakos}, - institution = {Goethe University Frankfurt}, - type = {mimeo}, - title = {How Risky Is Their Income? Labor Income Processes in - Europe}, - year = 2013, -} - -@article{fuchsSchuendelnEtAl:IncomeGermany, - author = {Nicola Fuchs-Schuendeln and Dirk Krueger and Mathias - Sommer}, - journal = {Review of Economic Dynamics}, - number = 1, - pages = {103--132}, - title = {Inequality Trends for Germany in the Last Two - Decades: A Tale of Two Countries}, - volume = 13, - year = 2010, -} - -@INCOLLECTION{friedman:windfalls, - author = {Friedman, Milton A.}, - title = {Windfalls, the `Horizon,' and Related Concepts in - the Permanent Income Hypothesis}, - booktitle = {Measurement in Economics}, - publisher = {Stanford University Press}, - year = 1963, - editor = {Christ, Carl}, - pages = {1--28} -} - -@BOOK{friedman:essays, - title = {Essays in Positive Economics}, - publisher = {University of Chicago Press}, - year = 1953, - author = {Friedman, Milton A.}, - address = {Chicago} -} - -@ARTICLE{fs:shock, - author = {Fuchs-Sch{\"}undeln, Nicola}, - title = {The Response of Household Saving to the Large Shock - of German Reunification}, - journal = {Manuscript, Harvard University}, - year = 2007 -} - -@ARTICLE{fs:germany, - author = {Fuchs-Schuudeln, Nicola and Schundeln, - Matthias}, - title = {Precautionary Savings and Self-Selection: Evidence - from the German Reunification {``}Experiment{''}}, - journal = {Quarterly Journal of Economics}, - year = 2005, - volume = 120, - pages = {1085--1120}, - number = 3 -} - -@TECHREPORT{fuh05, - author = {Fuhrer, Jeffrey C.}, - title = {Intrinsic and Inherited Inflation Persistence}, - institution = {Federal Reserve Bank of Boston}, - year = 2005, - type = {Working Paper}, - number = {05-08} -} - -@ARTICLE{fuh00, - author = {Fuhrer, Jeffrey C.}, - title = {Habit Formation in Consumption and Its Implication - for Monetary-Policy Models}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {367--390}, - number = 3 -} - -@ARTICLE{fuhrer:habits, - author = {Fuhrer, Jeffrey C.}, - title = {Habit Formation in Consumption and its Implications - for Monetary Policy Models}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {367--390}, - number = 3, - month = {June}, - note = {\url{http://www.jstor.org/stable/117334}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fuhrerHabits.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fuhrerHabits.pdf:pdf}, - url = {http://www.jstor.org/stable/117334} -} - -@ARTICLE{fuhrer&klein:riskyhabits, - author = {Fuhrer, Jeffrey C. and Klein, Michael W.}, - title = {Risky Habits: On Risk Sharing, Habit Formation, and - the Interpretation of International Consumption - Correlations}, - journal = {NBER Working Paper No. 6735}, - year = 1998 -} - -@ARTICLE{fuhrer&moore:persistence, - author = {Fuhrer, Jeffrey C. and Moore, George R.}, - title = {Inflation Persistence}, - journal = {Quarterly Journal of Economics}, - year = 1995, - volume = 110, - pages = {127--159}, - number = 1 -} - -@BOOK{fullerton&rogers:incidence, - title = {Who Bears the Lifetime Tax Burden}, - publisher = {The Brookings Institution}, - year = 1993, - author = {{Fullerton, Don} and {Diane L. Rogers}}, - address = {Washington, D.C.} -} - -@ARTICLE{futia:invariant, - author = {Futia, Carl A.}, - title = {Invariant Distributions and the Limiting Behavior of - Markovian Economic Models}, - journal = {Econometrica}, - year = 1982, - volume = 50, - pages = {377--408}, - number = 2 -} - -@INPROCEEDINGS{gabaix&laibson:6Dbias, - author = {Gabaix, Xavier and Laibson, David}, - title = {The 6D Bias and the Equity Premium Puzzle}, - booktitle = {NBER Macroeconomics Annual}, - year = 2002, - editor = {Bernanke, Ben and Rogoff, Kenneth}, - pages = {257--312}, - address = {Cambridge, MA}, - publisher = {MIT Press} -} - -@ARTICLE{gabaix&laibson:6d, - author = {Gabaix, Xavier and Laibson, David}, - title = {The 6D Bias and and the Equity Premium Puzzle}, - journal = {NBER Macroeconomics Annual}, - year = 2001, - pages = {257--312} -} - -@TECHREPORT{go04, - author = {Gadzinski, Gregory and Orlandi, Fabrice}, - title = {Inflation Persistence for the EU Countries, the Euro - Area and the US}, - institution = {European Central Bank}, - year = 2004, - type = {ECB working paper}, - number = 414 -} - -@ARTICLE{gakidis:stocksforold, - author = {Gakidis, Haralobos E.}, - title = {Stocks for the Old? Earnings Uncertainty and - Life-Cycle Portfolio Choice}, - journal = {Manuscript, Massachusetts Institute of Technology}, - year = 1998 -} - -@ARTICLE{gali:joneses, - author = {Gal{\'}{i}, Jordi}, - title = {Keeping Up with the Joneses: Consumption - Externalities, Portfolio Choice, and Asset Prices}, - journal = {Journal of Money, Credit, and Banking}, - year = 1994, - volume = 26, - pages = {1--8}, - number = 1 -} - -@ARTICLE{gale:survey, - author = {Gale, Douglas}, - title = {What Have We Learned from Social Learning?}, - journal = {European Economic Review}, - year = 1996, - volume = 40, - pages = {617--628} -} - -@ARTICLE{gale&scholz:intergen, - author = {Gale, William G. and Scholz, John Karl}, - title = {Intergenerational Transfers and the Accumulation of - Wealth}, - journal = {Journal of Economic Perspectives}, - year = 1994, - volume = 8, - pages = {145--160}, - number = 4 -} - -@ARTICLE{gg99, - author = {Gali, Jordi and Gertler, Mark}, - title = {Inflation Dynamics: A Structural Econometric - Approach}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 4, - pages = {195--222}, - number = 2 -} - -@ARTICLE{gm07, - author = {{Galu{\v} s{\v} c{{\'}a}k}, Kamil and M{\"}unich, - Daniel}, - title = {Structural and Cyclical Unemployment: What Can Be - Derived from the Matching Function? (in {E}nglish)}, - journal = {Czech Journal of Economics and Finance (Finance a - uver, ISSN: 0015-1920)}, - year = 2007, - volume = 57, - pages = {102--125}, - number = {3--4} -} - -@ARTICLE{gm05, - author = {{Galu{\v} s{\v} c{{\'}a}k}, Kamil and M{\"}unich, - Daniel}, - title = {Regional Wage Adjustments and Unemployment: - Estimating the Time-Varying Wage Curve (in - {E}nglish)}, - journal = {Czech Journal of Economics and Finance (Finance a - uver, ISSN: 0015-1920)}, - year = 2005, - volume = 55, - pages = {68--82}, - number = {1--2} -} - -@TECHREPORT{gp05, - author = {{Galu{\v} s{\v} c{{\'}a}k}, Kamil and Pavel, Jan}, - title = {Does Work Pay? {I}ncidence of Unemployment and - Inactivity Traps in the {Czech Republic}}, - institution = {Czech National Bank, Prague}, - year = 2005, - type = {mimeo} -} - -@misc{carroll:reviewgapinsky, - journal = {Journal of Economic Literature}, - author = {Gapinsky, James H.}, - year = {1994}, - volume = {32}, - number = {4}, - note = {Book Review}, - title = {The Economics of Saving} -} - -@ARTICLE{garner:debt, - author = {Garner, C. Alan}, - title = {Can Measures of the Consumer Debt Burden Reliably - Predict an Economic Slowdown?}, - journal = {Federal Reserve Bank of Kansas City}, - year = 1996, - volume = 81, - pages = {63--76}, - number = 4 -} - -@ARTICLE{GarrettEtAl:2004, - author = {Garrett, Thomas A. and Hern\`{a}ndez-Murillo, - Rub\`{e}n and Owyang, Michael T.}, - title = {Does Consumer Sentiment Predict Regional - Consumption?}, - journal = {Federal Reserve Bank of St. Louis Review}, - year = 2004, - volume = 87, - pages = {123--35}, - number = 2, - month = {March} -} - -@ARTICLE{geiregat:jobmarket, - author = {Geiregat, Christopher}, - title = {Banks, Capital Constraints, and Aggregate - Fluctuations}, - journal = {Unpublished Manuscript, Johns Hopkins University}, - year = 2000 -} - -@ARTICLE{gmLossAversion, - author = {Genesove, David and Mayer, Christopher}, - title = {Loss Aversion and Seller Behavior: Evidence from the - Housing Market}, - journal = {The Quarterly Journal of Economics}, - year = 2001, - volume = 116, - pages = 1233, - number = 4, - publisher = {Oxford University Press} -} - -@ARTICLE{gentry&hubbard:wealthysave, - author = {Gentry, William M. and Hubbard, R. Glenn}, - title = {Why Do the Wealthy Save So Much? Saving and - Investment Decisions of Entrepreneurs}, - journal = {Manuscript, Columbia University}, - year = 1998 -} - -@ARTICLE{gfwDisagree, - author = {Gerardi, Kristofer S. and Foote, Christopher L. and - Willen, Pauls S.}, - title = {Reasonable People Did Disagree: Optimism and - Pessimism about the U.S.\ Housing Market Before the - Crash}, - journal = {Public Policy Discussion Paper}, - year = 2010, - publisher = {Federal Reserve Bank of Boston} -} - -@TECHREPORT{ger01, - author = {Gerberding, Christina}, - title = {The Information Content of Survey Data on Expected - Price Developments for Monetary Policy}, - institution = {Deutsche Bundesbank}, - year = 2001, - type = {discussion paper}, - number = 9 -} - -@ARTICLE{goJME, - author = {Ghosh, Atish R. and Ostry, Jonathan D.}, - title = {Macroeconomic Uncertainty, Precautionary Saving, and - the Current Account}, - journal = {Journal of Monetary Economics}, - year = 1997, - volume = 40, - pages = {121--139} -} - -@BOOK{gmw:opt, - title = {Practical Optimization}, - publisher = {Academic Press}, - year = 1981, - author = {{Gill,~P.~E., W.~Murray} and {M.~H.~Wright}}, - address = {New York} -} - -@ARTICLE{Glaeser:1992, - author = {Glaeser, Edward L and Kallal, Hedi D. and - Scheinkman, Jose A. and Shleifer, Andrei}, - title = {Growth in Cities}, - journal = {Journal of Political Economy}, - year = 1992, - volume = 100, - pages = {1126--52}, - number = 6, - month = {December} -} - -@ARTICLE{glick&rogoff:currentacct, - author = {Glick, Reuven and Rogoff, Kenneth S.}, - title = {Global Versus Country-Specific Productivity Shocks - and the Current Account}, - journal = {Journal of Monetary Economics}, - year = 1995, - volume = 35, - pages = {159--192}, - number = 1, - month = {February} -} - -@ARTICLE{gp04, - author = {Golinelli, Roberto and Parigi, Giuseppe}, - title = {Consumer Sentiment and Economic Activity: A Cross - Country Comparison}, - journal = {Journal of Business Cycle Measurement and Analysis}, - year = 2004, - volume = 1, - pages = {147--170}, - number = 2 -} - -@INCOLLECTION{gollier:classical, - author = {Gollier, Christian}, - title = {What Does the Classical Theory Have to Say About - Household Portfolios?}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, - Tullio} -} - -@ARTICLE{GomesMichaelides:optimal, - author = {Gomes, Francisco and Michaelides, Alexander}, - title = {Optimal Life-Cycle Asset Allocation: Understanding - the Empirical Evidence}, - journal = {Journal of Finance}, - year = 2005, - volume = 60, - pages = {869--904}, - number = 2, - month = {April} -} - -@ARTICLE{GomesMichaelides:intl, - author = {Gomes, Francisco and Michaelides, Alexander}, - title = {International Portfolio Choice, Liquidity - Constraints and the Home Equity Bias Puzzle}, - journal = {Journal of Economic Dynamics and Control}, - year = 2003, - volume = 28, - pages = {555--594}, - number = 3, - month = {December} -} - -@ARTICLE{goodman&ittner:houseestimates, - author = {Goodman, J. L. and Ittner, J. B.}, - title = {The Accuracy of Homeowner's Estimates of House - Value}, - journal = {Journal of Housing Economics}, - year = 1992, - volume = 2, - pages = {339--357} -} - -@ARTICLE{gorman1953community, - author = {Gorman, William M.}, - title = {{Community Preference Fields}}, - journal = {Econometrica}, - year = 1953, - volume = 21, - pages = {63--80}, - number = 1, - publisher = {JSTOR} -} - -@ARTICLE{Gorodnichenko:2010tp, - author = {Gorodnichenko, Yuriy and Sabirianova Peter, Klara - and Stolyarov, Dmitriy}, - title = {Inequality and volatility moderation in Russia: - Evidence from micro-level panel data on consumption - and income}, - journal = {Review of Economic Dynamics}, - year = 2010, - volume = 13, - pages = {209--237}, - number = 1, - date-added = {2013-04-07T23:23:14GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{Review_of_Economic_Dynamics_2010_Gorodnichenko.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Gorodnichenko/Review_of_Economic_Dynamics_2010_Gorodnichenko.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Gorodnichenko/Review_of_Economic_Dynamics_2010_Gorodnichenko.pdf}, - rating = 0, - uri = - {\url{papers2://publication/uuid/03D7B199-CBA8-442F-9ACF-E36D895B959D}}, - url = - {http://www.sciencedirect.com/science/article/pii/S1094202509000556} -} - -@ARTICLE{gmEJvarTrends, - author = {Gottschalk, Peter and Moffitt, Robert A.}, - title = {Trends in the Transitory Variance of Earnings in the - United States}, - journal = {Economic Journal}, - year = 2002, - volume = {112(478)}, - pages = {C68-C73}, - month = {March}, - publisher = {Royal Economic Society} -} - -@ARTICLE{gourinchas:gelifecycle, - author = {Gourinchas, Pierre-Olivier}, - title = {Precautionary Savings, the Life Cycle, and - Macroeconomics}, - journal = {Manuscript, Princeton University}, - year = 1999 -} - -@article{gourinchasJeannePuzzle, - title = {Capital Flows to Developing Countries: The Allocation Puzzle}, - author = {Pierre-Olivier Gourinchas and Olivier Jeanne}, - journal = {Review of Economic Studies}, - volume={80}, - pages={1484-1515}, - year = {2013}, -} -@ARTICLE{gourinchasJeannePuzzleNBERWP, - author = {Gourinchas, Pierre-Olivier and Jeanne, Olivier}, - title = {Capital Flows to Developing Countries: The - Allocation Puzzle}, - journal = {NBER Working Paper w13602}, - year = 2007 -} - -@ARTICLE{gpCoverLC, - author = {Pierre-Olivier Gourinchas and Jonathan A. Parker}, - title = {Consumption Over the Lifecycle}, - journal = {Econometrica}, - year = 2002, - volume = 70, - pages = {47--89}, - number = 1, - month = {January} -} - -@MISC{bog:flow, - author = {of Governors of the Federal Reserve System, Board}, - title = {Flow of Funds Accounts Financial Assets and - Liabilities, Year-End}, - year = {periodic} -} - -@BOOK{grahamDodd, - title = {Securities Analysis}, - publisher = {McGraw-Hill}, - year = 1934, - author = {Graham, Benjamin and Dodd, David}, - address = {New York} -} - -@INCOLLECTION{grantKeynes, - author = {Grant, Susan}, - title = {Chapter 3. The Key Skills of an Economists}, - booktitle = {Teaching and Assessing Skills in Economics}, - publisher = {Cambridge University Press}, - year = 2009, - note = {Available at - \url{http://assets.cambridge.org/97805215/48250/excerpt/9780521548250_excerpt.pdf}} -} - -@INPROCEEDINGS{gw07, - author = {Green, Richard K. and Wachter, Susan M.}, - title = {The Housing Finance Revolution}, - booktitle = {Housing, Housing Finance and Monetary Policy}, - year = 2007, - pages = {21--67}, - publisher = {Jackson Hole Symposium, Federal Reserve Bank of - Kansas City} -} - -@BOOK{greene:metrixtext, - title = {Econometric Analysis}, - publisher = {Prentice Hall}, - year = 2000, - author = {Greene, William H.}, - edition = 4 -} - -@BOOK{greene:econometrics, - title = {Econometrics}, - publisher = {MacMillan}, - year = 1990, - author = {Greene, William H.}, - address = {New York}, - edition = {Second} -} - -@ARTICLE{greenspan:debt, - author = {Greenspan, Alan}, - title = {Statement to the U.S. House Committee on Ways and - Means, December 18, 1991}, - journal = {Federal Reserve Bulletin}, - year = 1992, - volume = 78, - pages = {122--124}, - number = 2 -} - -@ARTICLE{greenspan&cohen:scrappage, - author = {Greenspan, Alan and Cohen, Darrel}, - title = {Motor Vehicle Stocks, Scrappage, and Sales}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1997 -} - -@TECHREPORT{gk05, - author = {Greenspan, Alan and Kennedy, James}, - title = {Estimates of Home Mortgage Originations, Repayments, - and Debt on One-to-Four-Family Residences}, - institution = {Federal Reserve Board}, - year = 2005, - type = {FEDS working paper}, - number = {2005--41} -} - -@article{gross&souleles:creditcards, - title={Do Liquidity Constraints and Interest Rates Matter for Consumer Behavior? Evidence from Credit Card Data*}, - author={Gross, David B and Souleles, Nicholas S}, - journal={The Quarterly journal of economics}, - volume={117}, - number={1}, - pages={149--185}, - year={2002}, - publisher={Oxford University Press} - } - -@ARTICLE{gross&souleles:bankruptcy, - author = {Gross, David B. and Souleles, Nicholas S.}, - title = {Explaining the Rise in Bankruptcy and Delinquency: - Stigma Versus Risk-Composition}, - journal = {Manuscript, University of Pennsylvania}, - year = 1998 -} - -@ARTICLE{gru04, - author = {Gruber, Joseph W.}, - title = {A Present Value Test of Habits and the Current - Account}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - pages = {1495--1507}, - number = 7 -} - -@ARTICLE{grHabits, - author = {Alessandra Guariglia and Mariacristina Rossi}, - title = {Consumption, Habit Formation, and Precautionary - Saving: Evidence from the British Household Panel - Survey}, - journal = {Oxford Economic Papers}, - year = 2002, - volume = 54, - pages = {1--19} -} - -@ARTICLE{gjt:smallPS, - author = {Guiso, Luigi and Jappelli, Tullio and Terlizzese, - Daniele}, - title = {Earnings Uncertainty and Precautionary Saving}, - journal = {Journal of Monetary Economics}, - year = 1992, - volume = 30, - pages = {307--37}, - number = 2 -} - -@ARTICLE{guiso+paiella-risk, - author = {Guiso, Luigi and Paiella, Monica}, - title = {Risk Aversion, Wealth and Background Risk}, - journal = {C.E.P.R. Discussion Papers}, - year = 2001, - number = 2728, - month = mar, - note = {available at - http://ideas.repec.org/p/cpr/ceprdp/2728.html}, - type = {CEPR Discussion Papers} -} - -@ARTICLE{gsz:culture, - author = {Guiso, Luigi and Sapienza, Paola and Zingales, - Luigi}, - title = {Does Culture Affect Economic Outcomes?}, - journal = {Journal of Economic Perspectives}, - year = 2006, - note = {available at - http://ideas.repec.org/p/cpr/ceprdp/5505.html} -} - -@ARTICLE{GuvenenLearning, - author = {Guvenen, Fatih}, - title = {Learning Your Earning: Are Labor Income Shocks - Really Very Persistent?}, - journal = {American Economic Review}, - year = 2007, - volume = 97, - pages = {687--712}, - number = 3 -} - -@Article{gosCyclical, - author = {Fatih Guvenen and Serdar Ozkan and Jae Song}, - title = {{The Nature of Countercyclical Income Risk}}, - journal = {Journal of Political Economy}, - year = 2014, - volume = 122, - number = 3, - pages = {621--660}, - abstract = {This paper studies the cyclical nature of individual - income risk using a confidential dataset from the - U.S. Social Security Administration, which contains - (uncapped) earnings histories for millions of - individuals. The base sample is a nationally - representative panel containing 10 percent of all - U.S. males from 1978 to 2010. We use these data to - decompose individual income growth during recessions - into “between-group” and “within-group” - components. We begin with the behavior of - within-group shocks. Contrary to past research, we - do not find the variance of idiosyncratic income - shocks to be countercyclical. Instead, it is the - left-skewness of shocks that is strongly - countercyclical. That is, during recessions, the - upper end of the shock distribution collapses—large - upward income movements become less likely—whereas - the bottom end expands—large drops in income become - more likely. Thus, while the dispersion of shocks - does not increase, shocks become more left skewed - and, hence, risky during recessions. Second, to - study between-group differences, we group - individuals based on several observable - characteristics at the time a recession hits. One of - these characteristics—the average income of an - individual at the beginning of a business cycle - episode—proves to be an especially good predictor of - fortunes during a recession: prime-age workers that - enter a recession with high average earnings suffer - substantially less compared with those who enter - with low average earnings (which is not the case - during expansions). Finally, we find that the - cyclical nature of income risk is dramatically - different for the top 1 percent compared with all - other individuals—even relative to those in the top - 2 to 5 percent. }, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18035} -} - -@ARTICLE{denHaanMarcet:parameterized, - author = {den Haan, Wouter J and Marcet, Albert}, - title = {Solving the Stochastic Growth Model by - Parameterizing Expectations}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {31--34}, - number = 1, - month = {January}, - note = {Available at - {\url{http://ideas.repec.org/a/bes/jnlbes/v8y1990i1p31-34.html}}} -} - -@ARTICLE{hl:interpreting, - author = {Hahn, Jaehoon and Lee, Hangyong}, - title = {Interpreting the Predictive Power of the - Consumption-Wealth Ratio}, - journal = {University of Washington Working Paper}, - year = 2005 -} - -@ARTICLE{hahn&lee:cwunstable, - author = {Hahn, Jaehoon and Lee, Hangyong}, - title = {On the Estimation of the Consumption-Wealth Ratio: - Cointegrating Parameter Instability and its - Implications for Stock Return Forecasting}, - journal = {Manuscript, Columbia University}, - year = 2001 -} - -@TECHREPORT{hl01, - author = {Jaehoon Hahn and Hangyong Lee}, - title = {On the Estimation of the Consumption-Wealth Ratio: - Cointegrating Parameter Instability and its - Implications for Stock Return Forecasting}, - institution = {Columbia University}, - year = 2001, - type = {mimeo} -} - -@ARTICLE{haliassos&bertaut:fewholdstocks, - author = {Haliassos, Michael and Bertaut, Carol}, - title = {Why Do So Few Hold Stocks?}, - journal = {The Economic Journal}, - year = 1995, - volume = 105, - pages = {1110--1129} -} - -@INCOLLECTION{HaliassosMichaelides:computation, - author = {Haliassos, Michael and Michaelides, Alexander}, - title = {Calibration and Computation of Household Portfolio - Models}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2002, - editor = {Guiso, Luigi and Haliassos, Michael and Japelli, - Tullio}, - chapter = 2, - pages = {55--101} -} - -@ARTICLE{haliassos&michaelides:ier, - author = {Haliassos, Michael and Michaelides, Alexander}, - title = {Portfolio Choice and Liquidity Constraints}, - journal = {International Economic Review}, - year = 2003, - volume = 44, - pages = {143--177}, - number = 1, - note = {available at - http://ideas.repec.org/a/ier/iecrev/v44y2003i1p143-177.html} -} - -@ARTICLE{hrw:relevance, - author = {Hall, Alastair R. and Rudebusch, Glenn D. and - Wilcox, David W.}, - title = {Judging Instrument Relevance In Instrumental - Variables Estimation}, - journal = {International Economic Review}, - year = 1996, - volume = 37, - pages = {283--298}, - number = 2 -} - -@ARTICLE{hall:cweak, - author = {Hall, Robert E.}, - title = {Macro Theory and the Recession of 1990-1991}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {275--279}, - number = 2 -} - -@Article{hallSubstitution, - Title = {Intertemporal Substitution in Consumption}, - Author = {Hall, Robert E.}, - Journal = {Journal of Political Economy}, - Year = 1988, - Note = {Available at - {\url{http://www.stanford.edu/~rehall/Intertemporal-JPE-April-1988.pdf}}}, - Pages = {339-357}, - Volume = {XCVI}, - Owner = {Nic Johnson}, - Url = - {http://www.stanford.edu/~rehall/Intertemporal-JPE-April-1988.pdf} -} - - -@ARTICLE{hall&jones:ptyofnations, - author = {Hall, Robert E. and Jones, Charles I.}, - title = {Why Do Some Countries Produce So Much More Output - per Worker than Others?}, - journal = {Quarterly Journal of Economics}, - year = 1999, - volume = {CXIV}, - pages = {83--116}, - month = {February} -} - -@ARTICLE{hall&jorgenson:i, - author = {Hall, Robert E. and Jorgenson, Dale}, - title = {Tax Policy and Investment Behavior}, - journal = {American Economic Review}, - year = 1967, - volume = 57, - month = {June}, - note = {Available at { - \url{http://www.stanford.edu/~rehall/Tax-Policy-AER-June-1967.pdf}}} -} - -@ARTICLE{hall&mishkin:transitory, - author = {Hall, Robert E. and Mishkin, Frederic}, - title = {The Sensitivity of Consumption to Transitory Income: - Evidence from PSID Households}, - journal = {Econometrica}, - year = 1982, - volume = {L}, - pages = {461--81} -} - -@BOOK{hr95, - title = {The Flat Tax}, - publisher = {Hoover Institution Press}, - year = 1995, - author = {Hall and Rabushka}, - address = {Stanford} -} - -@ARTICLE{hst99, - author = {Ham, John C. and Svejnar, Jan and Terrell, - Katherine}, - title = {Women's Unemployment during Transition}, - journal = {The Economics of Transition}, - year = 1999, - volume = 7, - pages = {47--78}, - number = 1 -} - -@ARTICLE{hst98, - author = {Ham, John C. and Svejnar, Jan and Terrell, - Katherine}, - title = {Unemployment and the Social Safety Net during - Transitions to a Market Economy: Evidence from the - {C}zech and {S}lovak Republics}, - journal = {American Economic Review}, - year = 1998, - volume = 88, - pages = {1117--42}, - number = 5 -} - -@ARTICLE{hhkCoint, - author = {Hamburg, Britta and Hoffmann, Mathias and Keller, - Joachim}, - title = {Consumption, Wealth, and Business Cycles in Germany}, - journal = {Empirical Economics}, - year = 2008, - volume = 34, - pages = {451--476}, - number = 3 -} - -@TECHREPORT{hhk05, - author = {Hamburg, Britta and Hoffmann, Mathias and Keller, - Joachim}, - title = {Consumption, Wealth and Business Cycles in Germany}, - institution = {Deutsche Bundesbank}, - year = 2005, - type = {discussion paper}, - number = 16 -} - -@ARTICLE{hamilton:growthcycles, - author = {Hamilton, James D}, - title = {A New Approach to the Economic Analysis of - Nonstationary Time Series and the Business Cycle}, - journal = {Econometrica}, - year = 1989, - volume = 57, - pages = {357--384}, - month = {March} -} - -@ARTICLE{fhLimitations, - author = {Hamilton, James D. and Marjorie A. Flavin}, - title = {On the Limitations of Government Borrowing: A - Framework for Empirical Testing}, - journal = {The American Economic Review}, - year = 1986, - volume = 76, - pages = {808--819}, - number = 4, - month = {September}, - note = {\\ \url{http://www.jstor.org/stable/1806077}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhGovBorrowing.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhGovBorrowing.pdf:PDF}, - url = {http://www.jstor.org/stable/1806077} -} - -@TECHREPORT{han04, - author = {Handjiyska, Boriana}, - title = {Adjustment of Household Inflation Expectations in - Five OECD Countries}, - institution = {Johns Hopkins University}, - year = 2004, - type = {mimeo} -} - -@ARTICLE{han01, - author = {Hansen, Bruce E.}, - title = {The New Econometrics of Structural Change: Dating - Breaks in U.S.\ Labor Productivity}, - journal = {Journal of Economic Perspectives}, - year = 2001, - volume = 15, - pages = {117--28}, - number = 4 -} - -@MISC{hansen:hours, - author = {Hansen, Gary D.}, - title = {Fluctuations in Total Hours Worked: A Study Using - Efficiency Units}, - howpublished = {Working Paper, University of Minnesota}, - year = 1984 -} - -@ARTICLE{hansen&wright, - author = {Hansen, Gary D. and Wright, Randall}, - title = {The Labor Market in Real Business Cycle Theory}, - journal = {Federal Reserve Bank of Minneapol Quarterly Review}, - year = 1992, - volume = 16 -} - -@ARTICLE{hansen:gmm, - author = {Hansen, Lars M.}, - title = {Large Sample Properties of Generalized Method of - Moments Estimators}, - journal = {Econometrica}, - year = 1982, - pages = {1029--1054} -} - -@BOOK{hlp:inequalities, - title = {Inequalities}, - publisher = {Cambridge University Press}, - year = 1967, - author = {Hardy, Godfrey Harold and Littlewood, John E. and - Polya, George}, - edition = {Second} -} - -@ARTICLE{laibsonHarrisInstant, - author = {Harris, Christopher and Laibson, David I.}, - title = {Instantaneous Gratification}, - journal = {Manuscript, Harvard University}, - year = 2004 -} - -@ARTICLE{hjmrTemporal, - author = {Harrison, G.W. and Johnson, E. and McInnes, M.M. and - Rutstr{\"}om, E.E.}, - title = {Temporal stability of estimates of risk aversion}, - journal = {Applied Financial Economics Letters}, - year = 2005, - volume = 1, - pages = {31--35}, - number = 1, - note = - {\url{http://econpapers.repec.org/RePEc:taf:apfelt:v:1:y:2005:i:1:p:31-35}}, - abstract = {Estimates of risk aversion can be obtained from - controlled laboratory experiments. The temporal - stability of those preferences is assumed in many - applications. This assumption is tested by eliciting - risk aversion measures from subjects at two distinct - times. Evidence consistent with the stability - assumption is found.}, - publisher = {Routledge}, - url = - {http://econpapers.repec.org/RePEc:taf:apfelt:v:1:y:2005:i:1:p:31-35} -} - -@ARTICLE{hauseYdyn, - author = {Hause, John C.}, - title = {The Fine Structure of Earnings and the On-the-Job - Training Hypothesis}, - journal = {Econometrica}, - year = 1980, - volume = 48, - pages = {1013--1029}, - number = 4 -} - -@INCOLLECTION{hausmann85, - author = {Hausman, Jerry A.}, - title = {Taxes and labor supply}, - booktitle = {Handbook of Public Economics}, - publisher = {Elsevier}, - year = 1985, - editor = {Auerbach, A. J. and Feldstein, M.}, - volume = 1, - series = {Handbook of Public Economics}, - chapter = 4, - pages = {213--263} -} - -@ARTICLE{hausmanBonus, - author = {Hausman, Joshua K.}, - title = {Fiscal Policy and Economic Recovery: The Case of the - 1936 Veterans’ Bonus}, - journal = {Manuscript, University of California Berkeley}, - year = 2012 -} - -@ARTICLE{hprGrowthAccel, - author = {Hausmann, Ricardo and Pritchett, Lant and Rodrik, - Dani}, - title = {Growth Accelerations}, - journal = {Journal of Economic Growth}, - year = 2005, - volume = 10, - pages = {303--329}, - note = {10.1007/s10887-005-4712-0}, - abstract = {Unlike most cross country growth analyses, we focus - on turning points in growth performance. We look for - instances of rapid acceleration in economic growth - that are sustained for at least 8 years and identify - more than 80 such episodes since the 1950s. Growth - accelerations tend to be correlated with increases - in investment and trade, and with real exchange rate - depreciations. Political-regime changes are - statistically significant predictors of growth - accelerations. External shocks tend to produce - growth accelerations that eventually fizzle out, - while economic reform is a statistically significant - predictor of growth accelerations that are - sustained. However, growth accelerations tend to be - highly unpredictable: the vast majority of growth - accelerations are unrelated to standard determinants - and most instances of economic reform do not produce - growth accelerations.}, - affiliation = {Harvard University John F. Kennedy School of - Government USA USA}, - issn = {1381-4338}, - issue = 4, - keyword = {Business and Economics}, - publisher = {Springer Netherlands}, - url = {http://dx.doi.org/10.1007/s10887-005-4712-0} -} - -@ARTICLE{hprGrowth, - author = {Hausmann, Ricardo, Lant Pritchett and Rodrik, Dani}, - title = {Growth Accelerations}, - journal = {Journal of Economic Growth}, - year = 2005, - volume = 10, - pages = {303--329}, - number = 4 -} - -@BOOK{hayashiEconometrics, - title = {Econometrics}, - publisher = {Princeton University Press}, - year = 2000, - author = {Hayashi, Fumio} -} - -@BOOK{hayashi:understandingsaving, - title = {Understanding Saving : Evidence from the United - States and Japan}, - publisher = {The MIT Press}, - year = 1997, - author = {Hayashi, Fumio}, - address = {Cambridge, Mass} -} - -@ARTICLE{hayashi:japan, - author = {Hayashi, Fumio}, - title = {Japan's Saving Rate: New Data and Reflections,}, - journal = {NBER Working Paper No. 3205}, - year = 1989 -} - -@INCOLLECTION{hayashi:apparently, - author = {Hayashi, Fumio}, - title = {Why Is Japan's Saving Rate So Apparently High?}, - booktitle = {NBER Macroeconomics Annual, 1986}, - publisher = {NBER}, - year = 1986, - address = {Cambridge} -} - -@ARTICLE{hayashi:q, - author = {Hayashi, Fumio}, - title = {Tobin's Marginal Q and Average Q: A Neoclassical - Interpretation}, - journal = {Econometrica}, - year = 1982, - volume = 50, - pages = {213--224}, - number = 1, - month = {January}, - note = {Available at { - \url{http://ideas.repec.org/p/nwu/cmsems/457.html}}} -} - -@ARTICLE{Heathcote:2010tw, - author = {Heathcote, Jonathan and Perri, Fabrizio and - Violante, Giovanni L.}, - title = {{Unequal we stand: An empirical analysis of economic - inequality in the United States, 1967--2006}}, - journal = {Review of Economic Dynamics}, - year = 2010, - volume = 13, - pages = {15--51}, - number = 1, - date-added = {2013-04-07T22:40:16GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{Review_of_Economic_Dynamics_2010_Heathcote.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Heathcote/Review_of_Economic_Dynamics_2010_Heathcote.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Heathcote/Review_of_Economic_Dynamics_2010_Heathcote.pdf}, - rating = 0, - read = {Yes}, - uri = - {\url{papers2://publication/uuid/1A5D107A-FA11-4F35-9730-DD6C33149F12}}, - url = - {http://www.sciencedirect.com/science/article/pii/S1094202509000659} -} - -@ARTICLE{heaton&lucas:hetero, - author = {Heaton, John and Lucas, Deborah J.}, - title = {The Importance of Investor Heterogeneity and - Financial Market Imprefections for the Behavior of - Asset Prices}, - journal = {Manuscript, Northwestern University}, - year = 1994 -} - -@ARTICLE{HeckmanNobel, - author = {Heckman, James J.}, - title = {Micro Data, Heterogeneity, and the Evaluation of - Public Policy: Nobel Lecture}, - journal = {Journal of Political Economy}, - year = 2001, - volume = 109, - pages = {673--748}, - number = 4, - month = {August}, - bdsk-url-1 = - {http://ideas.repec.org/a/ucp/jpolec/v109y2001i4p673-748.html}, - url = - {http://ideas.repec.org/a/ucp/jpolec/v109y2001i4p673-748.html} -} - -@ARTICLE{heck93, - author = {Heckman, James J}, - title = {What Has Been Learned about Labor Supply in the Past - Twenty Years?}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {116--21}, - number = 2 -} - -@ARTICLE{hec79, - author = {Heckman, James J.}, - title = {Sample Selection Bias as a Specification Error}, - journal = {Econometrica}, - year = 1979, - volume = 47, - pages = {153--161}, - number = 1 -} - -@ARTICLE{heckman:life, - author = {Heckman, James J.}, - title = {A Life-Cycle Model of Earnings, Learning, and - Consumption}, - journal = {Journal of Political Economy}, - year = 1976, - volume = 84, - pages = {S11--44}, - number = {4, pt. 2} -} - -@TECHREPORT{ht03, - author = {Helbling, Thomas and Terrones, Marco}, - title = {When Bubbles Burst}, - institution = {International Monetary Fund, April}, - year = 2003, - type = {{World Economic Outlook, 61--94}} -} - -@ARTICLE{orphanides:wardemocracyjpe, - author = {Hess, Gregory D. and Orphanides, Athanasios}, - title = {War and Democracy}, - journal = {Journal of Political Economy}, - year = 2001, - volume = 109, - pages = {776--810}, - number = 4, - month = {August}, - note = {available at - http://ideas.repec.org/a/ucp/jpolec/v109y2001i4p776-810.html} -} - -@ARTICLE{orphanides:warpoliticsaer, - author = {Hess, Gregory D and Orphanides, Athanasios}, - title = {War Politics: An Economic, Rational-Voter Framework}, - journal = {American Economic Review}, - year = 1995, - volume = 85, - pages = {828--46}, - number = 4, - month = {September}, - note = {available at - http://ideas.repec.org/a/aea/aecrev/v85y1995i4p828-46.html} -} - -@ARTICLE{Hess/Shin:1999, - author = {Hess, Gregory D. and Shin, Kwanho}, - title = {Risk sharing by households within and across regions - and industries}, - journal = {Journal of Monetary Economics}, - year = 2000, - volume = 45, - pages = {533--560} -} - -@ARTICLE{Hess/Shin:1998, - author = {Hess, Gregory D. and Shin, Kwanho}, - title = {Intranational business cycles in the United States}, - journal = {Journal of International Economics}, - year = 1998, - volume = 44, - pages = {289--313}, - keywords = {Hess/Shin: 1998} -} - -@ARTICLE{hmsHousingBubbleNo, - author = {Himmelberg, Charles and Mayer, Christopher and - Sinai, Todd}, - title = {Assessing High House Prices: Bubbles, Fundamentals - and Misperceptions}, - journal = {Journal of Economic Perspectives}, - year = 2005, - volume = 19, - pages = {67--92}, - number = 4 -} - -@ARTICLE{hochgurtel:bufferportfolio, - author = {Hochgurtel, Stefan}, - title = {A Buffer Stock Model with Portfolio Choice: - Implications of Income Risk and Liquidity - Constraints}, - journal = {Manuscript, Uppsala University}, - year = 1998 -} - -@ARTICLE{htRates, - author = {Holland, A.~Steven and Toma, Mark}, - title = {The Role of the Federal Reserve as ``Lender of Last - Resort'' and the Seasonal Fluctuation of Interest - Rates}, - journal = {Journal of Money, Credit and Banking}, - year = 1991, - volume = 23, - pages = {659--676}, - number = 4, - month = {November}, - note = {Stable: \url{http://www.jstor.org/stable/1992702}} -} - -@BOOK{holland:adaptation, - title = {Adaptation in Natural and Artificial Systems}, - publisher = {MIT Press}, - year = 1986, - author = {Holland, John H.}, - address = {Cambridge MA} -} - -@ARTICLE{hrj:entrep, - author = {Holtz-Eakin, Douglas and Rosen, Harvey S. and - Joulfaian, David}, - title = {Entrepreneurial Decisions and Liquidity Constraints}, - journal = {RAND Journal of Economics}, - year = 1994, - pages = {334--347}, - month = {Summer} -} - -@ARTICLE{hrj:sticking, - author = {Holtz-Eakin, Douglas and Rosen, Harvey S. and - Joulfaian, David}, - journal = {Journal of Political Economy}, - year = 1994, - volume = 102, - pages = {53--75}, - number = 1, - month = {February} -} -} - -@ARTICLE{horioka:coint, - author = {Horioka, Charles Y.}, - title = {A Cointegration Analysis of the Impact of the Age - Structure of the Population on the Household Saving - Rate in Japan}, - journal = {Review of Economics and Statistics}, - year = 1997, - volume = 79, - pages = {511--516}, - number = 3 -} - -@ARTICLE{horioka&watanabe:whysave, - author = {Horioka, Charles Y. and Watanabe, Wako}, - title = {Why Do People Save? A Micro-Analysis of Motives for - Household Saving in Japan}, - journal = {Economic Journal}, - year = 1997, - volume = 107, - pages = {537--552}, - number = 442 -} - -@INPROCEEDINGS{horowitzBootstrap, - author = {Joel L. Horowitz}, - title = {The Bootstrap}, - booktitle = {Handbook of Econometrics}, - year = 2001, - editor = {James J. Heckman and Edward Leamer}, - volume = 5, - publisher = {Elsevier/North Holland} -} - -@UNPUBLISHED{Horrigan2011, - author = {Mike Horrigan}, - title = {Household Survey Producers Workshop Opening Remarks}, - note = {CNSTAT Panel on the Redesign of the CE, June 1-2}, - month = {June 1-2}, - year = 2011 -} - -@MISC{horriganCNSTAT, - author = {Horrigan, Michael}, - title = {Official Charge to the CNSTAT Panel on Redesign of - the Consumer Expenditure Survey}, - year = 2010, - bdsk-url-1 = {http://www.bls.gov/cex/redpanl1_horrigan.pdf}, - url = {http://www.bls.gov/cex/redpanl1_horrigan.pdf} -} - -@ARTICLE{hsITC, - author = {House, Christopher L. and Shapiro, Matthew D.}, - title = {Temporary Investment Tax Inventives: Theory with - Evidence from Bonus Depreciation}, - journal = {American Economic Review}, - year = 2008, - volume = 98, - pages = {737--768}, - number = 3 -} - -@INCOLLECTION{houthakker:determinants, - author = {Houthakker, Hendrik S.}, - title = {On Some Determinants of Saving in Developed and - Underdeveloped Countries}, - booktitle = {Problems in Economic Development}, - publisher = {MacMillan}, - year = 1965, - editor = {Robinson, E.A.G.}, - address = {London} -} - -@ARTICLE{houthakker:international, - author = {Houthakker, Hendrik S.}, - title = {An International Comparison of Personal Saving}, - journal = {Bulletin of the International Statistical Institute}, - year = 1961, - volume = 38, - pages = {55--60} -} - -@ARTICLE{hoAdaptiveC, - author = {Howitt, Peter and {\"}Omer {\"}Ozak}, - title = {Adaptive Consumption Behavior}, - journal = {Manuscript, Department of Economics, Brown - University}, - year = 2010, - month = {December}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hoAdaptiveC.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hoAdaptiveC.pdf:PDF} -} - -@ARTICLE{how01, - author = {Howrey, Philip E.}, - title = {The Predictive Power of the Index of Consumer - Sentiment}, - journal = {Brookings Papers on Economic Activity}, - year = 2001, - pages = {175--216}, - number = 1 -} - -@INCOLLECTION{hoynes&mcfadden:demographics, - author = {Hoynes, Hilary W. and McFadden, Daniel L.}, - title = {The Impact of Demographics on Housing and Nonhousing - Wealth in the United States}, - booktitle = {The Economic Effects of Aging in the United States - and Japan}, - publisher = {University of Chicago Press for NBER}, - year = 1997, - editor = {Hurd, Michael D. and Naohiro, Yashiro}, - address = {Chicago:} -} - -@INPROCEEDINGS{Hoynes1997, - author = {Hilary W. Hoynes and Daniel L. McFadden}, - title = {The Impact of Demographics on Housing and Nonhousing - Wealth in the United States}, - booktitle = {The Economic Effects of Aging in the United States - and Japan}, - year = 1997, - editor = {Michael D. Hurd and Yashio Naohiro}, - address = {Chicago, IL}, - publisher = {University of Chicago Press for NBER} -} - -@ARTICLE{HryshkoRIP, - author = {Hryshko, Dmytro}, - title = {RIP to HIP: The Data Reject Heterogeneous Labor - Income Profiles}, - journal = {Manuscript, University of Alberta; forthcoming, {\it - Quantitative Economics}}, - year = 2010 -} - -@ARTICLE{hls:shadow, - author = {Hryshko, Dmytro and Luegno-Prado, Maria and - S\/orensen, Bent}, - title = {Childhood Determinants of Risk Aversion: The Long - Shadow of Compulsory Education}, - journal = {Manuscript, Northeastern University}, - year = 2006 -} - -@ARTICLE{hsieh:alaska, - author = {Hsieh, Chang-Tai}, - title = {Do Consumers React to Anticipated Income Changes? - Evidence from the Alaska Permanent Fund}, - journal = {American Economic Review}, - year = 2003, - volume = 99, - pages = {397--405}, - month = {March} -} - -@ARTICLE{huPortfolioHomeowners, - author = {Hu, Xiaoqing}, - title = {Portfolio Choices for Homeowners}, - journal = {Journal of Urban Economics}, - year = 2005, - volume = 58, - pages = {114--136} -} - -@INPROCEEDINGS{hsz:importance, - author = {Hubbard, R. Glenn and Skinner, Jonathan S. and - Zeldes, Stephen P.}, - title = {The Importance of Precautionary Motives for - Explaining Individual and Aggregate Saving}, - booktitle = {The Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - editor = {Meltzer, Allan H. and Plosser, Charles I.}, - volume = 40, - pages = {59--126} -} - -@ARTICLE{hsz:insurance, - author = {Hubbard, R. Glenn and Skinner, Jonathan S. and - Zeldes, Stephen P.}, - title = {Precautionary Saving and Social Insurance}, - journal = {Journal of Political Economy}, - year = 1995, - volume = 103, - pages = {330--399} -} - -@ARTICLE{huggett:higherW, - author = {Huggett, Mark}, - title = {Precautionary Wealth Accumulation}, - journal = {Review of Economic Studies}, - year = 2004, - volume = 71, - pages = {769--781} -} - -@ARTICLE{huggett:wealth, - author = {Huggett, Mark}, - title = {Wealth Distribution in Life Cycle Economies}, - journal = {Journal of Monetary Economics}, - year = 1996, - volume = 38, - pages = {469--494}, - number = 3 -} - -@ARTICLE{huggett:riskfree, - author = {Huggett, Mark}, - title = {The Risk-Free Rate in Heterogeneous-Agents, - Incomplete Markets Economies}, - journal = {Journal of Economic Dynamics and Control}, - year = 1993, - volume = 17, - pages = {953--969} -} - -@ARTICLE{huggett&ventura:understanding, - author = {Huggett, Mark and Ventura, Gustavo}, - title = {Understanding Why High Income Households Save More - Than Low Income Households}, - journal = {Journal of Monetary Economics}, - year = 2000, - volume = 45, - number = 2, - month = {April} -} - -@ARTICLE{hun02, - author = {Hunt, Jennifer}, - title = {The Transition in {E}ast {G}ermany: When Is a - Ten-Point Fall in the Gender Wage Gap Bad News?}, - journal = {Journal of Labor Economics}, - year = 2002, - volume = 20, - pages = {148--169}, - number = 1 -} - -@INCOLLECTION{hrCEvsCAMS, - author = {Hurd, Michael and Susann Rohwedder}, - title = {Measuring Total Household Spending in a Monthly - Internet Survey: Evidence from the American Life - Panel}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2013, - address = {Chicago}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrCEvsCAMS.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrCEvsCAMS.pdf:PDF} -} - -@INCOLLECTION{hrLifeCycleCAMS, - author = {Hurd, Michael and Susann Rohwedder}, - title = {Wealth Dynamics and Active Saving at Older Ages}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {CRIW, University of Chicago Press}, - year = 2013, - address = {Chicago}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrLifeCycleCAMS/Hurd-Rohwedder-with-dynamics-V4.doc:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrLifeCycleCAMS/Hurd-Rohwedder-with-dynamics-V4.doc:DOC} -} - -@ARTICLE{hurd:bequests, - author = {Hurd, Michael D.}, - title = {Savings and Bequests}, - journal = {NBER Working Paper No. 1708}, - year = 1986 -} - -@INCOLLECTION{hrHighFreq, - author = {Hurd, Michael D. and Susann Rohwedder}, - title = {High-frequency Data on Total Household Spending: - Evidence from Monthly ALP Surveys}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\\ - \url{http://www.nber.org/confer/2011/CRIWf11/hurd_CRIW.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrHighFreq.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrHighFreq.pdf:PDF}, - url = - {http://www.nber.org/confer/2011/CRIWf11/hurd_CRIW.pdf} -} - -@ARTICLE{hlkt:precautionary, - author = {Hurst, Erik and Kennickell, Arthur and Lusardi, - Annamaria and Torralba, Francisco}, - title = {Precautionary Savings and the Importance of Business - Owners}, - year = 2005, - number = 11731, - month = Nov, - note = {available at - http://ideas.repec.org/p/nbr/nberwo/11731.html}, - institution = {National Bureau of Economic Research, Inc}, - type = {NBER Working Papers} -} - -@ARTICLE{hurstLusardiJPE, - author = {Hurst, Erik and Lusardi, Annamaria}, - title = {Liquidity Constraints, Household Wealth, and - Entrepreneurship}, - journal = {Journal of Political Economy}, - year = 2004, - volume = 112, - pages = {319--347}, - number = 2, - note = {available at - http://ideas.repec.org/a/ucp/jpolec/v112y2004i2p319-347.html} -} - -@TECHREPORT{iacovielloNeriHousing, - author = {Iacoviello, Matteo and Neri, Stefano}, - title = {Housing Market Spillovers: Evidence from an - Estimated DSGE Model}, - institution = {Boston College}, - year = 2007, - type = {mimeo} -} - - -@ARTICLE{ipsUnitHetero, - author = {Im, Kyung So and Pesaran, M. Hashem and Shin, - Yongcheol}, - title = {Testing for Unit Roots in Heterogeneous Panels}, - journal = {Journal of Econometrics}, - year = 2003, - volume = 115, - pages = {53--74} -} - -@INBOOK{IMFweo2012, - chapter = 3, - title = {World Economic Outlook, 2012}, - publisher = {International Monetary Fund}, - year = 2012, - author = {{International Monetary Fund}}, - month = {April}, - note = {Available at - \url{http://www.imf.org/external/pubs/ft/weo/2012/01/pdf/text.pdf}}, - file = {IMFweo2012.pdf:IMFweo2012.pdf:PDF}, - url = - {\url{http://www.imf.org/external/pubs/ft/weo/2012/01/pdf/text.pdf}} -} - -@TECHREPORT{imf06, - author = {{International Monetary Fund}}, - title = {Japan: Report on the Observance of Standards and - Codes---Data Module, Response by the Authorities, - and Detailed Assessments Using the Data Quality - Assessment Framework (DQAF)}, - institution = {International Monetary Fund}, - year = 2006, - type = {IMF Country Report}, - number = {06/115}, - note = {March} -} - -@ARTICLE{irelandTaking, - author = {Ireland, Peter N.}, - title = {A Method for Taking Models to the Data}, - journal = {Journal of Economic Dynamics and Control}, - year = 2004, - volume = 28, - pages = {1205--1226} -} - -@BOOK{irigoen:solutions, - title = {Solutions Manual for Recursive Methods in Economic - Dynamics}, - publisher = {Harvard University Press}, - year = 2002, - author = {Irigoyen, Claudio and Rossi-Hansberg, Esteban and - Wright, Mark L. J.} -} - -@TECHREPORT{ikk05, - author = {Ivanova, Anna and Keen, Michael and Klemm, - Alexander}, - title = {The Russian Flat Tax Reform}, - institution = {International Monetary Fund, Washington, DC}, - year = 2005, - type = {working paper}, - number = 15 -} - -@ARTICLE{ivd:monetarypolicy, - author = {Ivo, Arnold and Els, Peter Van and de Haan, Jakob}, - title = {Wealth Effects and Monetary Policy}, - journal = {De Nederlandsche Bank Research Memorandum 719}, - year = 2002 -} - -@BOOK{Jacobs:1969, - title = {The Economy of Cities}, - publisher = {New York: Vintage}, - year = 1969, - author = {Jacobs, Jane} -} - -@ARTICLE{Jagannathan:Kubota:Takehara:1998, - author = {Jagannathan, Ravi and Kubota, Keiichi and Takehara, - Hitoshi}, - title = {Relationship between Labor-Income Risk and Average - Return: Empirical Evidence from the Japanese Stock - Market}, - journal = {Journal of Business}, - year = 1998, - volume = 71, - pages = {319--47}, - number = 3, - month = {July} -} - -@INCOLLECTION{jaher:gilded, - author = {Jaher, Frederic Cople}, - title = {The Gilded Elite: American Multimillionaires, 1865 - to the Present}, - booktitle = {Wealth and the Wealthy in the Modern World}, - publisher = {Croon Helm}, - year = 1980, - editor = {Rubinstein, W.~D.~}, - address = {London} -} - -@TECHREPORT{jahoda04, - author = {Jahoda, Robert}, - title = {Interaction of the Social and Tax Systems and Work - Incentives ({I}nterakce socialniho a danoveho - systemu a pracovni pobidky)}, - institution = {VUPSV Praha}, - year = 2004, - type = {Working Paper}, - note = {In Czech} -} - -@ARTICLE{jappelli:whoisconstr, - author = {Jappelli, Tullio}, - title = {Who is Credit Constrained in the U.S. Economy?}, - journal = {Quarterly Journal of Economics}, - year = 1990, - volume = 105, - pages = {219--34}, - number = 1 -} - -@article{jappelliPistaferri_FPMPC, - author = {Jappelli, Tullio and Pistaferri, Luigi}, - title = {Fiscal Policy and MPC Heterogeneity}, - journal = {AEJ: Marcoeconomics}, - volume = 6, - number = 4, - pages = {107--36}, - year = 2014, -} - -@article{JRreserves, -title={The Optimal Level of Reserves for Emerging Market Countries: Formulas and Applications}, -author={Olivier Jeanne and Romain Ranci\`{e}re}, -journal={Economic Journal}, -volume={121}, -number={555}, -pages={905-930}, -year={2011} -} - -@ARTICLE{JRreserves-CEPRWP, - author = {Jeanne, Olivier and Ranci\`ere, Romain}, - title = {The Optimal Level of Reserves for Emerging Market - Countries: a New Formula and Some Applications}, - journal = {CEPR Discussion Paper}, - year = 2008, - number = 6723 -} - -@MISC{jeffersonOLG, - author = {Jefferson, Thomas}, - title = {`The Earth Belongs to the Living': A Letter to James - Madison}, - howpublished = - {\url{http://infomotions.com/etexts/literature/american/1700-1799/jefferson-letters-256.htm}}, - month = {September}, - year = 1789, - address = {Paris}, - day = 6 -} - -@ARTICLE{jensen&shore, - author = {Jensen, Shane T. and Shore, Stephen H.}, - title = {Changes in the Distribution of Income Volatility}, - journal = {Manuscript}, - year = 2008 -} - -@comment{Jermann1998Old} -@comment{jermann:assetpricing} -@comment{jermann:assetPricing} -@ARTICLE{jermannProduction, - author = {Jermann, Urban J.}, - title = {Asset Pricing in Production Economies}, - journal = {Journal of Monetary Economics}, - year = 1998, - volume = 42, - pages = {257--75}, - number = 2, - month = {April} -} - -@INCOLLECTION{johnson&eller:inhtax, - author = {Johnson, Barry and Eller, Marthat Britton}, - title = {Federal Taxation of Inheritance and Wealth - Transfers}, - booktitle = {Turing Administrative Systems into Information - Systems 1996-1997}, - publisher = {Internal Revenue Service}, - year = 1998, - address = {Washington, DC} -} - -@ARTICLE{jpsTax, - author = {Johnson, David S. and Parker, Jonathan A. and - Souleles, Nicholas S.}, - title = {Household Expenditure and the Income Tax Rebates of - 2001}, - journal = {American Economic Review}, - year = 2006, - volume = 96, - pages = {1589--1610}, - number = 5, - month = {December}, - bdsk-url-1 = - {http://ideas.repec.org/a/aea/aecrev/v96y2006i5p1589-1610.html}, - url = - {http://ideas.repec.org/a/aea/aecrev/v96y2006i5p1589-1610.html} -} - -@ARTICLE{jdMetrics, - author = {Johnston, J. and DiNardo, J.}, - title = {Econometric Methods}, - journal = {Econometric Theory}, - year = 2000, - volume = 16, - pages = {139--142} -} - -@ARTICLE{jol02, - author = {Jolliffe, Dean}, - title = {The Gender Wage Gap in {B}ulgaria: A Semiparametric - Estimation of Discrimination}, - journal = {Journal of Comparative Economics}, - year = 2002, - volume = 30, - pages = {276--295}, - number = 2 -} - -@ARTICLE{jmr:opttax, - author = {{Jones, L.~E., Rodolfo E.~Manuelli} and - {P.~E.~Rossi}}, - title = {Optimal Taxation in Models of Endogenous Growth}, - journal = {Journal of Political Economy}, - year = 1993, - volume = 101, - pages = {485--517}, - number = 3 -} - -@ARTICLE{joulfaian:estatetax, - author = {Joulfaian, David}, - title = {The Federal Estate and Gift Tax: Description, - Profile of Taxpayers, and Economic Consequences}, - journal = {Department of the Treasury, Office of Tax Analysis, - OTA Paper 80}, - year = 1998 -} - -@ARTICLE{jedc_ksVolume, - author = {{Journal of Economic Dynamics and Control}}, - title = {Computational Suite of Models with Heterogeneous - Agents: Incomplete Markets and Aggregate - Uncertainty}, - journal = {edited by Wouter J. Den Haan, Kenneth L. Judd, - Michel Juillard}, - year = 2010, - volume = 34, - pages = {1--100}, - number = 1 -} - -@ARTICLE{jwHousing, - author = {G. Donald Jud and Daniel T. Winkler}, - title = {The Dynamics of Metropolitan Housing Prices}, - journal = {Journal of Real Estate Research}, - year = 2002, - volume = 23, - pages = {29--45} -} - -@BOOK{judd:book, - title = {Numerical Methods in Economics}, - publisher = {The MIT Press}, - year = 1998, - author = {Judd, Kenneth L.}, - address = {Cambridge, Massachusetts} -} - -@MISC{judd:stoch, - author = {Judd, Kenneth L.}, - title = {Optimal Taxation in Dynamic Stochastic Economies: - Theory and Evidence}, - howpublished = {Working Paper}, - year = 1990 -} - -@ARTICLE{jur05, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n}, - title = {Gender Segregation and Wage Gap: An {E}ast--{W}est - Comparison}, - journal = {Journal of the European Economic Association}, - year = 2005, - volume = 3, - pages = {598--607}, - number = {2--3} -} - -@ARTICLE{jur03, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n}, - title = {Gender Wage Gap and Segregation in Enterprises and - the Public Sector in Late Transition Countries}, - journal = {Journal of Comparative Economics}, - year = 2003, - volume = 31, - pages = {199--222}, - number = 2 -} - -@ARTICLE{jh07, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n and - Harmgart, Heike}, - title = {When Do Female Occupations Pay More?}, - journal = {Journal of Comparative Economics}, - year = 2007, - volume = 35, - pages = {170--187}, - number = 1 -} - -@TECHREPORT{jz05, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n and - {Zubrick{\'}y}, Jozef}, - title = {Employment Incentives in the {C}zech {R}epublic: - Comparing Current and Proposed Social Support - Systems}, - institution = {CERGE--EI}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{jlss:wealtheffect, - author = {Juster, F. Thomas and Lupton, Joseph and Smith, - James P. and Stafford, Frank}, - title = {The Decline in Household Saving and Wealth Effect}, - journal = {Mimeo, University of Michigan}, - year = 2001 -} - -@TECHREPORT{Juster2001, - author = {F. Thomas Juster and Joseph Lupton and James - P. Smith and Frank Stafford}, - title = {The Decline in Household Saving and Wealth Effect}, - institution = {University of Michigan}, - year = 2001, - type = {mimeo} -} - -@ARTICLE{juststaff91, - author = {Juster, Thomas F and Stafford, Frank P}, - title = {The Allocation of Time: Empirical Findings, - Behavioral Models, and Problems of Measurement}, - journal = {Journal of Economic Literature}, - year = 1991, - volume = 29, - pages = {471--522}, - number = 2 -} - -@BOOK{kahnemanThinking, - title = {Thinking, Fast and Slow}, - publisher = {Farrar, Straus and Giroux}, - year = 2011, - author = {Kahneman, D.}, - note = {\url{http://books.google.com/books?id=SHvzzuCnuv8C}}, - isbn = 9780374275631, - lccn = 2011027143, - url = {http://books.google.com/books?id=SHvzzuCnuv8C} -} - -@ARTICLE{kws:bentham, - author = {Kahneman, Danny and Wakker, Peter P. and Sarin, - Rakesh}, - title = {Back to Bentham? Explorations of Experienced - Utility}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = 112, - pages = {375--406} -} - -@ARTICLE{kcFourthDimension, - author = {Kalton, G. and Citro, C.F.}, - title = {Panel surveys: adding the fourth dimension}, - journal = {Innovation: The European Journal of Social Science - Research}, - year = 1995, - volume = 8, - pages = {25--39}, - number = 1, - publisher = {Taylor and Francis} -} - -@ARTICLE{krBoE, - author = {Kamath, Kishore and Kate Reinhold}, - title = {The Financial Position of British Households: - Evidence from the 2011 NMG Consulting Survey}, - journal = {Bank of England Quarterly Bulletin}, - year = 2011, - month = {Q4} -} - -@ARTICLE{kwb:dynamics, - author = {Kapteyn, Arie and Wansbeek, Tom J. and Buyze, J.}, - title = {The Dynamics of Preference Formation}, - journal = {Journal of Economic Behavior and Organization}, - year = 1980, - volume = 1, - pages = {123--157} -} - -@ARTICLE{Karahan:2012gm, - author = {Karahan, Fatih and Ozkan, Serdar}, - title = {{On the persistence of income shocks over the life - cycle: Evidence, theory, and implications}}, - journal = {Review of Economic Dynamics}, - year = 2012, - pages = {1--25}, - month = aug, - abstract = {Review of Economic Dynamics, - 10.1016/j.red.2012.08.001}, - date-added = {2013-04-07T22:40:13GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - doi = {10.1016/j.red.2012.08.001}, - file = - {{Review_of_Economic_Dynamics_2012_Karahan.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Karahan/Review_of_Economic_Dynamics_2012_Karahan.pdf:application/pdf}}, - keywords = {Idiosyncratic earnings risk, Incomplete markets - models, Earnings persistence, Consumption insurance}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Karahan/Review_of_Economic_Dynamics_2012_Karahan.pdf}, - rating = 0, - uri = - {\url{papers2://publication/doi/10.1016/j.red.2012.08.001}}, - url = {http://dx.doi.org/10.1016/j.red.2012.08.001} -} - -@ARTICLE{ksw:liabs, - author = {Kasten, Richard and Sammartino, Frank and Weiner, - David}, - title = {Estimates of Federal Tax Liabilities for Individuals - and Families By Income Category and Family Type for - 1995 and 1999}, - journal = {Congressional Budget Office, Report to the House and - Senate Budget Committees and the House Ways and - Means Committee}, - year = 1998, - note = {Avilable at - http://www.cbo.gov/showdoc.cfm?index=527\&sequence=0\&from=1 - as of May 23, 2000} -} - -@ARTICLE{kazarosian:restat, - author = {Kazarosian, Mark}, - title = {Precautionary Savings -- A Panel Study}, - journal = {Review of Economics and Statistics}, - year = 1997, - volume = 79, - pages = {241--247}, - number = 2 -} - -@TECHREPORT{keen05, - author = {Keen, Benjamin D.}, - title = {Sticky Price and Sticky Information Price Setting - Models: What is the Difference?}, - institution = {University of Oklahoma}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{KennickellLusardiDisentangling, - author = {Kennickell, Arthur and Lusardi, Annamaria}, - title = {Disentangling the Importance of the Precautionary - Saving Motive}, - journal = {Working Paper, Dartmouth College}, - year = 2005, - month = {December} -} - -@TECHREPORT{kennickellCurrents, - author = {Kennickell, Arthur B.}, - title = {Currents and Undercurrents: Changes in the - Distribution of Wealth, 1989-2004}, - institution = {Federal Reserve Board}, - year = 2006, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2001.10.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2001.10.pdf}}, - month = {June} -} - -@TECHREPORT{Kennickell:1998, - author = {Kennickell, Arthur B.}, - title = {List Sample Design for 1998 Survey of Consumer - Finances}, - institution = {Federal Reserve Board}, - year = 2006, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/listsample.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/listsample.pdf}} -} - -@TECHREPORT{KennickellB:2006, - author = {Kennickell, Arthur B.}, - title = {How Do We Know If We Aren't Looking? An - Investigation Of Data Quality in the 2004 SCF}, - institution = {Federal Reserve Board}, - year = 2006, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/asa2006.3.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/asa2006.3.pdf}}, - month = {September} -} - -@TECHREPORT{Kennickell:2003, - author = {Kennickell, Arthur B.}, - title = {A Rolling Tide: Changes in the Distribution of - Wealth in the U.S., 1989-2001}, - institution = {Federal Reserve Board}, - year = 2003, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2004.5.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2004.5.pdf}} -} - -@ARTICLE{kennickell:wealth, - author = {Kennickell, Arthur B.}, - title = {An Examination of Changes in the Distribution of - Wealth From 1989 to 1998: Evidence from the Survey - of Consumer Finances}, - journal = {Manuscript Prepared for Conference on Saving, - Intergenerational Transfers, and the Distribution of - Wealth, Bard College, June 7-9, 2000}, - year = 2000 -} - -@TECHREPORT{Kennickell:1999, - author = {Kennickell, Arthur B.}, - title = {Revisions to the SCF Weighting Methodology: - Accounting for Race/Ethnicity and Homeownership}, - institution = {Federal Reserve Board}, - year = 1999, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/weight.revision.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/weight.revision.pdf}} -} - -@ARTICLE{kennickell&lusardi:scfquestions, - author = {Kennickell, Arthur B. and Lusardi, Annamaria}, - title = {Assessing the Importance of the Precautionary Saving - Motive: Evidence from the 1995 SCF}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1999 -} - -@ARTICLE{scf:focusgroup, - author = {{Kennickell, Arthur B.}, {Martha Starr-McCluer} and - {Annika Sunden}}, - title = {Saving and Financial Planning: Some Findings from a - Focus Group}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1995 -} - -@ARTICLE{kermack&mckendrick:disease, - author = {Kermack, W. O. and McKendrick, A. G.}, - title = {Contributions to the Mathematical Theory of - Epidemics}, - journal = {Proceedings of the Royal Academy of Sciences A}, - year = 1927, - volume = 115, - pages = {700--721} -} - -@BOOK{keynes:generaltheory, - title = {The General Theory of Employment, Interest, and - Money}, - publisher = {Harcourt, Brace}, - year = 1936, - author = {Keynes, John Maynard} -} - -@ARTICLE{wealthLit, - author = {Khalifa, Sherif}, - title = {Brief Summaries of Principal Papers on Housing - Wealth Effects}, - journal = {Manuscript, Johns Hopkins University}, - year = 2004, - month = {January}, - note = {Available at { - \url{http://econ.jhu.edu/people/ccarroll/wealthLit.html}}}, - howpublished = {url} -} - -@ARTICLE{kz06, - author = {Hashmat Khan and Zhenhua Zhu}, - title = {Estimates of the Sticky-Information Phillips Curve - for the United States}, - journal = {Journal of Money, Credit and Banking}, - year = 2006, - volume = 38, - pages = {195--207}, - number = 1 -} - -@TECHREPORT{kz02, - author = {Hashmat Khan and Z. Zhu}, - title = {Estimates of the Sticky Information Phillips Curve - for the United States, Canada, and the United - Kingdom}, - institution = {Bank of Canada}, - year = 2002, - type = {working paper}, - volume = 19 -} - -@ARTICLE{khwajaMianTracing, - author = {Khwaja, Asim Ijaz and Mian, Atif}, - title = {Tracing the Impact of Bank Liquidity Shocks: - Evidence from an Emerging Market}, - journal = {Manuscript, Kennedy School of Government, Harvard - University}, - year = 2008 -} - -@TECHREPORT{kiley05, - author = {Michael T. Kiley}, - title = {A Quantitative Comparison of Sticky-Price and - Sticky-Information Models of Price Setting}, - institution = {Federal Reserve Board}, - year = 2005, - type = {mimeo} -} - -@BOOK{killingsworth83, - title = {Labor supply}, - publisher = {Cambridge: Cambridge University Press}, - year = 1983, - author = {Killingsworth, Mark R.} -} - -@ARTICLE{kim, - author = {Kim, Jinill and Kim, Sunghyun Henry and Kollmann, - Robert}, - title = {Solving the Incomplete Market Model with Aggregate - Uncertainty Using a Perturbation Method}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {50--58}, - number = 1, - month = {January} -} - -@ARTICLE{kimball:standardra, - author = {Kimball, Miles S.}, - title = {Standard Risk Aversion}, - journal = {Econometrica}, - year = 1993, - volume = 61, - pages = {589--611}, - number = 3, - month = may -} - -@ARTICLE{kimball:mpc, - author = {Kimball, Miles S.}, - title = {Precautionary Saving and the Marginal Propensity to - Consume}, - journal = {NBER Working Paper Number 3403}, - year = 1990 -} - -@ARTICLE{kimball:smallandlarge, - author = {Kimball, Miles S.}, - title = {Precautionary Saving in the Small and in the Large}, - journal = {Econometrica}, - year = 1990, - volume = 58, - pages = {53--73} -} - -@ARTICLE{kimball&mankiw:timing, - author = {Kimball, Miles S and Mankiw, N Gregory}, - title = {Precautionary Saving and the Timing of Taxes}, - journal = {Journal of Political Economy}, - year = 1989, - volume = 97, - pages = {863--79}, - number = 4, - month = {August}, - bdsk-url-1 = - {http://ideas.repec.org/a/ucp/jpolec/v97y1989i4p863-79.html}, - url = - {http://ideas.repec.org/a/ucp/jpolec/v97y1989i4p863-79.html} -} - -@ARTICLE{kssImputing, - author = {Kimball, Miles S. and Sahm, Claudia R. and Shapiro, - Matthew D.}, - title = {Imputing Risk Tolerance from Survey Responses}, - journal = {Journal of the American Statistical Association}, - year = 2008, - volume = 103, - pages = {1028--1038}, - number = 483, - note = - {\url{http://pubs.amstat.org/doi/pdf/10.1198/016214508000000139}}, - abstract = {Economic theory assigns a central role to risk - preferences. This article develops a measure of - relative risk tolerance using responses - tohypothetical income gambles in the Health and - Retirement Study. In contrast to most survey - measures that produce an ordinal metric, thisarticle - shows how to construct a cardinal proxy for the risk - tolerance of each survey respondent. The article - also shows how to accountfor measurement error in - estimating this proxy and how to obtain consistent - regression estimates despite the measurement - error. The risktolerance proxy is shown to explain - differences in asset allocation across households.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kssImputing.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kssImputing.pdf:PDF}, - publisher = {ASA}, - url = - {http://pubs.amstat.org/doi/pdf/10.1198/016214508000000139} -} - -@ARTICLE{KimballWeil:Poss, - author = {Kimball, Miles S. and Weil, Philippe}, - title = {Precautoinary Saving and Consumption Smoothing - Across Time and Possibilities}, - journal = {Manuscript, University of Michigan}, - year = 2004, - month = {September} -} - -@BOOK{kindleberger, - title = {Manias, Panics, and Crashes: A History of Financial - Crises}, - publisher = {Wiley}, - year = 2005, - author = {Kindleberger, Charles P.}, - note = {5th Edition} -} - -@ARTICLE{king&leape:ageinfo, - author = {King, Mervyn and Leape, Jonathan}, - title = {Asset Accumulation, Information, and the Life Cycle}, - journal = {NBER Working Paper No. 2392}, - year = 1984 -} - -@INPROCEEDINGS{klCapital, - author = {King, Robert G. and Levine, Ross}, - title = {Capital Fundamentalism, Economic Development, and - Economic Growth}, - booktitle = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - volume = 40, - pages = {259--292}, - organization = {Elsevier} -} - -@ARTICLE{kpr:prodn, - author = {King, Robert G. and Plosser, Charles I. and Rebelo, - Sergio T.}, - title = {Production, Growth, and Business Cycles, {I}: The - Basic Neoclassical Model and {II}: New Directions}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 21, - pages = {195--232 and309--341}, - number = {2/3} -} - -@ARTICLE{king&rebelo:trans, - author = {King, Robert G. and Rebelo, Sergio T.}, - title = {Transitional Dynamics and Economic Growth in the - Neoclassical Model}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {908--931}, - number = 4, - note = {Available at { - \url{http://ideas.repec.org/a/aea/aecrev/v83y1993i4p908-31.html}}} -} - -@ARTICLE{king&levine:crcs, - author = {{King, Robert G.} and {Levine, Ross E.}}, - title = {Capital Fundamentalism}, - journal = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - volume = 40, - month = {June} -} - -@ARTICLE{king&rebelo:neo, - author = {{King, Robert G.} and {Sergio T. Rebelo}}, - title = {Public Policy and Economic Growth: Developing the - Neoclassical Implications}, - journal = {Journal of Political Economy}, - year = 1990, - volume = 98, - pages = {S126--S150}, - number = {5, pt 2} -} - -@ARTICLE{kirman1992whom, - author = {Kirman, Alan P.}, - title = {{Whom or What Does the Representative Individual - Represent?}}, - journal = {The Journal of Economic Perspectives}, - year = 1992, - volume = 6, - pages = {117--136}, - number = 2, - publisher = {JSTOR} -} - -@ARTICLE{klenow&r-c:toofar, - author = {Klenow, Peter J. and Rodr{\'}{i}guez-Clare, - Andr{\'}{e}s}, - title = {The Neoclassical Revival in Growth Economics: Has It - Gone Too Far?}, - journal = {NBER Macroeconomics Annual, 1997}, - year = 1997, - pages = {73--103} -} - -@ARTICLE{kocherlakota:stillapuzzle, - author = {Kocherlakota, Narayana}, - title = {The Equity Premium: It's Still a Puzzle}, - journal = {Journal of Economic Literature}, - year = 1996, - volume = {XXXIV}, - number = 1, - month = {March} -} - -@INCOLLECTION{knvSurveyVsAdminSweden, - author = {Koijen, Ralph and Stijn van Nieuwerburgh and Roine - Vestman}, - title = {Judging the Quality of Survey Data by Comparison - with ``Truth'' as Measured By Administrative - Records: Evidence from Sweden}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2013, - address = {Chicago}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvSurveyVsAdminSweden.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvSurveyVsAdminSweden.pdf:PDF} -} - -@INCOLLECTION{knvAdminSurveySweden, - author = {Koijen, Ralph and Stijn Van Nieuwerburgh and Roine - Vestman}, - title = {Judging the Quality of Survey Data by Comparison - with ``Truth'' as Measured By Administrative - Records: Evidence from Sweden}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\\ - \url{http://nber.org/confer/2011/CRIWf11/Koijen_Van_Nieuwerburgh_Vestman.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvAdminSurveySweden.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvAdminSurveySweden.pdf:PDF}, - url = - {http://www.nber.org/confer/2011/CRIWf11/Koijen_Van_Nieuwerburgh_Vestman.pdf} -} - -@INCOLLECTION{knvTruth, - author = {Koijen, Ralph and S. Van Nieuwerburgh and Roine - Vestman}, - title = {Judging the Quality of Survey Data by Comparison - with Truth as Measured By Administrative Records: - Evidence from Sweden}, - booktitle = {Forthcoming in {\it Improving the Measurement of - Household Expenditures}}, - publisher = {Chicago: University of Chicago Press}, - year = 2013, - editors = {Christopher Carroll, Thomas Crossley, and John - Sabelhaus} -} - -@INCOLLECTION{koopmans:growth, - author = {Koopmans, Tjalling C.}, - title = {On the concept of optimal economic growth}, - booktitle = {(Study Week on the) Econometric Approach to - Development Planning}, - publisher = {North-Holland Publishing Co., Amsterdam}, - year = 1965, - chapter = 4, - pages = {225--87} -} - -@ARTICLE{kssInequalitySince1937, - author = {Kopczuk, Wojciech and Emmanuel Saez and Jae Song}, - title = {Earnings Inequality and Mobility in the United - States: Evidence from Social Security Data since - 1937*}, - journal = {Quarterly Journal of Economics}, - year = 2010, - volume = 125, - pages = {91--128}, - number = 1, - publisher = {MIT Press} -} - -@ARTICLE{kopecky2010finite, - author = {Kopecky, Karen A. and Suen, Richard M.H.}, - title = {Finite State Markov-Chain Approximations To Highly - Persistent Processes}, - journal = {Review of Economic Dynamics}, - year = 2010, - volume = 13, - pages = {701--714}, - number = 3, - note = - {\url{http://www.karenkopecky.net/RouwenhorstPaper.pdf}}, - bdsk-url-1 = {http://www.karenkopecky.net/RouwenhorstPaper.pdf}, - publisher = {Elsevier}, - url = {http://www.karenkopecky.net/RouwenhorstPaper.pdf} -} - -@TECHREPORT{kor05, - author = {Korenok, Oleg}, - title = {Empirical Comparison of Sticky Price and Sticky - Information Models}, - institution = {Virginia Commonwealth University}, - year = 2005, - type = {mimeo} -} - -@BOOK{kotlikoff&smith:pensions, - title = {Pensions in the American Economy}, - publisher = {University of Chicago Press}, - year = 1983, - author = {Kotlikoff, Laurence J. and Smith, Daniel E.} -} - -@ARTICLE{kotlikoff&summers:wealth, - author = {Kotlikoff, Laurence J. and Summers, Lawrence H.}, - title = {The Role of Intergenerational Transfers in Aggregate - Capital Accumulation}, - journal = {Journal of Public Economics}, - year = 1981, - volume = 89, - pages = {706--32}, - number = 4 -} - -@TECHREPORT{ko05, - author = {Krajcir, Zdenko and Ludovit, Odor}, - title = {First Year of the Tax Reform, or 19 Percent at Work - (Prvy rok danovej reformy alebo 19\%\ v akcii)}, - institution = {Institut financnej politiky, Ministerstvo financii - SR, Bratislava}, - year = 2005, - type = {working paper}, - number = 8, - note = {in Slovak} -} - -@ARTICLE{krebs:qje, - author = {Krebs, Tom}, - title = {Human Capital Risk And Economic Growth}, - journal = {The Quarterly Journal of Economics}, - year = 2003, - volume = 118, - pages = {709--744}, - number = 2, - month = {May}, - note = {available at - http://ideas.repec.org/a/tpr/qjecon/v118y2003i2p709-744.html} -} - -@ARTICLE{krebs:red, - author = {Krebs, Tom}, - title = {Growth and Welfare Effects of Business Cycles in - Economies with Idiosyncratic Human Capital Risk}, - journal = {Review of Economic Dynamics}, - year = 2003, - volume = 6, - pages = {846--868}, - number = 4, - month = {October}, - note = {available at - http://ideas.repec.org/a/red/issued/v6y2002i2p846-868.html} -} - -@ARTICLE{krebs:jmathe, - author = {Krebs, Tom}, - title = {Endogenous probabilities and the information - revealed by prices}, - journal = {Journal of Mathematical Economics}, - year = 2001, - volume = 36, - pages = {1--18}, - number = 1, - month = 9, - note = {available at - http://ideas.repec.org/a/eee/mateco/v36y2001i1p1-18.html} -} - -@ARTICLE{krebs:econlett, - author = {Krebs, Tom}, - title = {Information and asset prices in complete markets - exchange economies}, - journal = {Economics Letters}, - year = 1999, - volume = 65, - pages = {75--83}, - number = 1, - month = 10, - note = {available at - http://ideas.repec.org/a/eee/ecolet/v65y1999i1p75-83.html} -} - -@ARTICLE{krebs:jet, - author = {Krebs, Tom}, - title = {Statistical Equilibrium in One-Step Forward Looking - Economic Models}, - journal = {Journal of Economic Theory}, - year = 1997, - volume = 73, - pages = {365--394}, - number = 2, - month = 4, - note = {available at - http://ideas.repec.org/a/eee/jetheo/v73y1997i2p365-394.html} -} - -@ARTICLE{Maloney:2007vd, - author = {Tom Krebs and Pravin Krishna and William Maloney}, - title = {Human Capital, Trade Liberalization, and Income - Risk}, - journal = {Research Working papers}, - year = 2007, - abstract = {Abstract: Using data from Mexico, the authors study - empirically the link between trade policy and - individual income risk and the extent to which this - varies across workers of different human capital - (education) levels. They use longitudinal income - data on workers to ...}, - date-added = {2013-04-07T22:40:17GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{2007_Maloney.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2007/Maloney/2007_Maloney.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2007/Maloney/2007_Maloney.pdf}, - rating = 0, - uri = - {\url{papers2://publication/uuid/108309CC-3CD5-4F25-A62F-BF62FF0D7B50}}, - url = - {http://www.ingentaconnect.com/content/wb/wps4301/2007/00000001/00000001/art04276} -} - -@TECHREPORT{leth-petersen:liquidity, - author = {Claus Thustrup Kreiner and David Dreyer Lassen and - {S\o ren} Leth-Petersen}, - title = {Heterogeneous Responses and Aggregate Impact of the - 2001 Income Tax Rebates}, - institution = {CEPR}, - year = 2012, - type = {discussion paper}, - number = 9161 -} - -@INCOLLECTION{kllSurveyVsAdminDenmark, - author = {Kreiner, Claus Thustrup and David Dreyer Lassen and - S{\o}ren Leth-Petersen}, - title = {Examples of Combining Administrative Records and - Survey Data in Validation Studies}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = - {\url{http://www.nber.org/confer/2011/CRIWf11/Leth-Petersen.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kllSurveyVsAdminDenmark.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kllSurveyVsAdminDenmark.pdf:PDF}, - url = - {http://www.nber.org/confer/2011/CRIWf11/Leth-Petersen.pdf} -} - -@ARTICLE{kreinin:mpc, - author = {Kreinin, Mordecai E.}, - title = {Windfall Income and Consumption: Additional - Evidence}, - journal = {American Economic Review}, - year = 1961, - volume = 51, - pages = {388--390} -} - -@ARTICLE{kremer:unionsasdisease, - author = {Kremer, Michael}, - title = {An Epidemiological Model of Unions}, - journal = {Manuscript, Harvard University}, - year = 2000 -} - -@ARTICLE{KrepsPorteus:Prefs, - author = {Kreps, David M. and Porteus, Evan L.}, - title = {Temporal Resolution of Uncertainty and Dynamic - Choice Theory}, - journal = {Econometrica}, - year = 1978, - volume = 46, - pages = {185--200}, - month = {January} -} - -@ARTICLE{kpInequality, - author = {Krueger, Dirk and Perri, Fabrizio}, - title = {Does Income Inequality Lead to Consumption - Inequality? Evidence and Theory}, - journal = {The Review of Economic Studies}, - year = 2006, - volume = 73, - pages = {163--193}, - number = 1, - publisher = {Oxford University Press} -} - -@Misc{krugmanHistory, - Title = {Economics in the Crisis}, - Author = {Krugman, Paul}, - HowPublished = {Commencement Address, University of Lisbon}, - Month = {March}, - Note = - {\url{http://krugman.blogs.nytimes.com/2012/03/05/economics-in-the-crisis/}}, - Year = 2012, - file = {krugmanHistory.pdf:krugmanHistory.pdf:PDF}, - Owner = {Nic Johnson}, - Url = - {http://krugman.blogs.nytimes.com/2012/03/05/economics-in-the-crisis/} -} - -@ARTICLE{krugmanPostmodern, - author = {Krugman, Paul}, - title = {Postmodern Business Cycles}, - journal = {New York Times}, - year = 2012, - month = {January}, - note = {\url{http://krugman.blogs.nytimes.com/2012/01/27/postmodern-business-cycles/}}, - url = {http://krugman.blogs.nytimes.com/2012/01/27/postmodern-business-cycles/} -} - -@MISC{krugmanDarkAgeBlog, - author = {Krugman, Paul}, - title = {A Dark Age of Macroeconomics}, - howpublished = - {\url{http://krugman.blogs.nytimes.com/2009/01/27/a-dark-age-of-macroeconomics-wonkish/}}, - year = 2009, - journal = {New York Times}, - number = {January 27}, - type = {Blog} -} - -@ARTICLE{krugmanThoughts, - author = {Krugman, Paul}, - title = {Thoughts About Thinking}, - journal = {The Economist's View}, - year = 2008, - note = {Available at - {\url{http://economistsview.typepad.com/economistsview/2008/10/thoughts-about.html}}}, - bdsk-url-1 = - {http://economistsview.typepad.com/economistsview/2008/10/thoughts-about.html}, - url = - {http://economistsview.typepad.com/economistsview/2008/10/thoughts-about.html} -} - -@MISC{krugmanHousingBubble, - author = {Krugman, Paul}, - title = {That Hissing Sound}, - howpublished = {New York Times Column}, - month = {August}, - year = 2005, - bdsk-url-1 = - {http://www.nytimes.com/2005/08/08/opinion/08krugman.html}, - day = 8, - url = - {http://www.nytimes.com/2005/08/08/opinion/08krugman.html} -} - -@ARTICLE{ks99, - author = {Krusell, Per and Smith, Jr., Anthony A.}, - title = {On the Welfare Effects of Eliminating Business - Cycles}, - journal = {Review of Economic Dynamics}, - year = 1999, - volume = 2, - pages = {245--272} -} - -@ARTICLE{kcGenesRisk, - author = {Kuhnen, Camelia M. and Chiao, Joan Y.}, - title = {Genetic Determinants of Financial Risk Taking}, - journal = {PLoS ONE}, - year = 2009, - volume = 4, - pages = {e4362}, - number = 2, - month = 02, - abstract = {Individuals vary in their willingness to take - financial risks. Here we show that variants of two - genes that regulate dopamine and serotonin - neurotransmission and have been previously linked to - emotional behavior, anxiety and addiction (5-HTTLPR - and DRD4) are significant determinants of risk - taking in investment decisions. We find that the - 5-HTTLPR {\it s/s} allele carriers take 28\% less - risk than those carrying the {\it s/l} or {\it l/l} - alleles of the gene. DRD4 7-repeat allele carriers - take 25\% more risk than individuals without the - 7-repeat allele. These findings contribute to the - emerging literature on the genetic determinants of - economic behavior.}, - bdsk-url-1 = {http://dx.doi.org/10.1371/journal.pone.0004362}, - doi = {10.1371/journal.pone.0004362}, - publisher = {Public Library of Science}, - url = {http://dx.doi.org/10.1371/journal.pone.0004362} -} - -@ARTICLE{kydland&prescott:timeto, - author = {{Kydland, Finn E.} and {Edward C. Prescott}}, - title = {Time to Build and Aggregate Fluctuations}, - journal = {Econometrica}, - year = 1982, - volume = 50, - pages = {1345--1370}, - number = 6 -} - -@ARTICLE{kydland&prescott:inconsistent, - author = {{Kydland, Finn E.} and {Edward C. Prescott}}, - title = {Rules Rather than Discretion: The Inconsistency of - Optimal Plans}, - journal = {Journal of Political Economy}, - year = 1977, - volume = 85, - pages = {473--491}, - number = 3 -} - -@TECHREPORT{lm04, - author = {L{\"}unnemann, Patrick and Math{\"}a, Thomas Y.}, - title = {How Persistent Is Disaggregate Inflation? An - Analysis Across EU Countries and HICP Subindices}, - institution = {European Central Bank}, - year = 2004, - type = {European Central Bank working paper}, - number = 415 -} - -@INPROCEEDINGS{Lutkepohl04, - author = {Helmut L{\"}utkepohl}, - title = {Vector Autoregressive and Vector Error Correction - Models}, - booktitle = {Applied Econometric Time Series}, - year = 2004, - editor = {Helmut L{\"}utkepohl and Markus Kr{\"}atzig}, - address = {Cambridge}, - publisher = {Cambridge University Press} -} - -@BOOK{luet91, - title = {Introduction to Multiple Time Series Analysis}, - publisher = {Springer}, - year = 1991, - author = {L{\"}utkepohl, Helmut}, - address = {New York et al.} -} - -@TECHREPORT{lsy05, - author = {Labhard, Vincent and Sterne, Gabriel and Young, - Chris}, - title = {Wealth and Consumption: An Assessment of the - International Evidence}, - institution = {Bank of England}, - year = 2005, - type = {Bank of England woking paper}, - number = 275 -} - -@ARTICLE{labonte:housingpricebubble, - author = {Labonte, Marc}, - title = {U.S. Housing Prices: Is There a Bubble?}, - journal = {Congressional Research Service}, - year = 2003 -} - -@TECHREPORT{laf05, - author = {Laforte, Jean-Philippe}, - title = {Pricing Models: A Bayesian DSGE approach for the US - Economy}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{laibson:goldeneggs, - author = {Laibson, David}, - title = {Golden Eggs and Hyperbolic Discounting}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = {CXII}, - pages = {443--477}, - number = 2 -} - -@ARTICLE{laibson:hyperbuffer, - author = {Laibson, David}, - title = {Hyperbolic Discount Functions and Time Preference - Heterogeneity}, - journal = {Manuscript, Harvard University}, - year = 1997 -} - -@TECHREPORT{lrtDiscount, - author = {David Laibson and Andrea Repetto and Jeremy - Tobacman}, - title = {Estimating Discount Functions with Consumption - Choices over the Lifecycle}, - institution = {National Bureau of Economic Research}, - year = 2007, - type = {Working Paper}, - number = 13314, - month = {August}, - abstract = {Intertemporal preferences are difficult to - measure. We estimate time preferences using a - structural buffer stock consumption model and the - Method of Simulated Moments. The model includes - stochastic labor income, liquidity constraints, - child and adult dependents, liquid and illiquid - assets, revolving credit, retirement, and discount - functions that allow short-run and long-run discount - rates to differ. Data on retirement wealth - accumulation, credit card borrowing, and - consumption-income comovement identify the - model. Our benchmark estimates imply a 40\% - short-term annualized discount rate and a 4.3\% - long-term annualized discount rate. Almost all - specifications reject the restriction to a constant - discount rate. Our quantitative results are - sensitive to assumptions about the return on - illiquid assets and the coefficient of relative risk - aversion. When we jointly estimate the coefficient - of relative risk aversion and the discount function, - the short-term discount rate is 15\% and the - long-term discount rate is 3.8\%.}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w13314} -} - -@ARTICLE{lrt:debtpuzzle, - author = {Laibson, David and Repetto, Andrea and Tobacman, - Jeremy}, - title = {A Debt Puzzle}, - journal = {Manuscript, Harvard University}, - year = 1999 -} - -@ARTICLE{laitner:random, - author = {Laitner, John}, - title = {Random Earning Differences, Lifetime Liquidity - Constraints, and Altruistic Intergenerational - Transfers}, - journal = {Journal of Economic Theory}, - year = 1992, - volume = 58, - pages = {135--170}, - number = 2 -} - -@BOOK{landesbergerRestitution, - title = {Restitution Receipts, Household Savings and - Consumption Behavior in Israel}, - publisher = {Research Department, Bank of Israel}, - year = 1970, - author = {Landesberger, Michael}, - address = {Jerusalem} -} - -@ARTICLE{landsberger:mpcbyy, - author = {Landsberger, M.}, - title = {Windfall Income and Consumption: Comment}, - journal = {American Economic Review}, - year = 1966, - volume = 56, - pages = {534--540} -} - -@ARTICLE{lmf:mark2, - author = {Lane, Philip R. and Milesi-Ferretti, Gian Maria}, - title = {The External Wealth of Nations Mark II: Revised and - Extended Estimates of Foreign Assets and - Liabilities}, - journal = {Journal of International Economics}, - year = 2007, - volume = 73, - pages = {223--250}, - number = 2 -} - -@ARTICLE{lawrance:timepref, - author = {Lawrance, Emily C.}, - title = {Poverty and the Rate of Time Preference: Evidence - from Panel Data}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {54--77}, - number = 1 -} - -@ARTICLE{lebaron:summary, - author = {LeBaron, Blake}, - title = {Agent Based Computational Finance: Suggested - Readings and Early Research}, - journal = {Journal of Economic Dynamics and Control}, - year = {forthcoming} -} - -@TECHREPORT{LeBlanc:2000, - author = {Le Blanc, Gilles}, - title = {Regional Specialization, Local Externalities And - Clustering In Information Technology Industries}, - institution = {European Regional Science Association}, - year = 2000, - type = {ERSA conference papers}, - month = Aug, - bdsk-url-1 = {http://ideas.repec.org/p/wiw/wiwrsa/ersa00p168.html}, - url = {http://ideas.repec.org/p/wiw/wiwrsa/ersa00p168.html} -} - -@ARTICLE{Lehnert2003, - author = {Lehnert, Andreas}, - title = {Housing, Consumption, and Credit Constraints}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 2003, - month = {December} -} - -@TECHREPORT{lehnert:housing, - author = {Andreas Lehnert}, - title = {Housing, Consumption and Credit Constraints}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2001, - type = {manuscript} -} - -@INPROCEEDINGS{Leicester2012, - author = {Leicester, Andrew}, - title = {The Potential Use of In-Home Scanner Technology for - Budget Surveys}, - booktitle = {Improving the Measurement of Household Expenditures}, - year = 2012, - editor = {Carroll, Christopher D. and Thomas Crossley and John - Sabelhaus}, - publisher = {University of Chicago Press} -} - -@INCOLLECTION{leicesterScanner, - author = {Andrew Leicester}, - title = {The Potential Use of In-Home Scanner Technology for - Budget Surveys}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\\ Slides are at - \url{http://www.nber.org/confer/2011/CRIWf11/Leicester-Slides.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/leicesterScanner.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/leicesterScanner.pdf:PDF} -} - -@ARTICLE{LelandPrecaution, - author = {Leland, Hayne E.}, - title = {Saving and Uncertainty: The Precautionary Demand for - Saving}, - journal = {Quarterly Journal of Economics}, - year = 1968, - volume = 82, - pages = {465--473} -} - -@ARTICLE{lelbang&mukhergee:politics, - author = {Lelbang, David and Mukherjee, Bumba}, - title = {Elections, Partisan Politics and Stock Market - Performance: Theory and Evidence from a Century of - American and British Returns}, - journal = {Manuscript, University of Colorado}, - year = 2004 -} - -@ARTICLE{lettau:portfolios, - author = {Lettau, Martin}, - title = {Explaining the Facts with Adaptive Agents: The Case - of Mutual Fund Flows}, - journal = {Journal of Economic Dynamics and Control}, - year = 1997, - volume = 21, - pages = {1117--1147} -} - -@ARTICLE{llTrendCycle, - author = {Lettau, Martin and Ludvigson, Sydney}, - title = {Understanding Trend and Cycle in Asset Values: - Reevaluating the Wealth Effect on Consumption}, - journal = {American Economic Review}, - year = 2004, - volume = 94, - pages = {276--299}, - number = 1, - note = {\url{http://www.jstor.org/stable/3592779}}, - date-modified ={2011-10-15 00:09:24 -0400}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/llTrendCycle.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/llTrendCycle.pdf:PDF}, - url = {http://www.jstor.org/stable/3592779} -} - -@ARTICLE{lettau&ludvigson:assetvalues, - author = {Lettau, Martin and Ludvigson, Sydney}, - title = {Understanding Trend and Cycle in Asset Values: - Reevaluating the Wealth Effect on Consumption}, - journal = {NBER Working Paper 9848}, - year = 2003 -} - -@ARTICLE{llStockReturns, - author = {Lettau, Martin and Ludvigson, Sydney}, - title = {Consumption, Aggregate Wealth, and Expected Stock - Returns}, - journal = {Journal of Finance}, - year = 2001, - volume = 56, - pages = {815--849}, - number = 3, - note = {\url{http://www.jstor.org/stable/222534}}, - url = {http://www.jstor.org/stable/222534} -} - -@ARTICLE{llb:comment, - author = {Lettau, Martin and Ludvigson, Sydney and Barczi, - Nathan}, - title = {A Primer on the Economics and Time Series - Econometrics of Wealth Effects: A Comment}, - journal = {Federal Reserve Bank of New York}, - year = 2001 -} - -@ARTICLE{lettau&uhlig:rulesofthumb, - author = {Lettau, Martin and Uhlig, Harald}, - title = {Rules of Thumb and Dynamic Programming}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {148--174} -} - -@ARTICLE{Levin:1998, - author = {Levin, Laurence}, - title = {Are assets fungible? Testing the behavioral theory - of life-cycle savings}, - journal = {Journal of Economic Organization and Behavior,}, - year = 1998, - volume = 36, - pages = {59--83}, - abstract = {This paper is an empirical investigation of the - behavioral life-cycle savings model. This model - posits that self-control problems causes individuals - to depart substantially from rational behavior. I - show that this model can explain how the consumption - of individuals at or near retirement vary with - changes in different types of financial - assets. Specifically, consumption spending is - sensitive to changes in income and in liquid assets, - but not very sensitive to changes in the value of - other types of assets such as houses and social - security (even though the value of non-liquid assets - is relatively large for most of the households in - the sample). In general, the evidence presented here - favors the Behavioral Life-Cycle Model over the - conventional life-cycle model even when liquidity - constraints are introduced.} -} - -@ARTICLE{levine&renelt:aer, - author = {{Levine, Ross E.} and {David Renelt}}, - title = {A Sensitivity Analysis of Cross-Country Growth - Regressions}, - journal = {American Economic Review}, - year = 1992, - volume = 82, - pages = {942--963}, - month = {September} -} - -@ARTICLE{lillard&weiss, - author = {Lillard, Lee A. and Weiss, Yoram}, - title = {Components of Variation in Panel Earnings Data: - American Scientists 1960-70}, - journal = {Econometrica}, - year = 1979, - volume = 47, - pages = {437--454}, - number = 2, - month = {March} -} - -@ARTICLE{lillard&karoly:richsave, - author = {Lillard, Lee and Karoly, Lynn}, - title = {Income and Wealth Accumulation Over the Lifecycle}, - journal = {Manuscript, RAND Corporation}, - year = 1997 -} - -@ARTICLE{lindbeck:welfarestate, - author = {Lindbeck, Assar}, - title = {Welfare State Disincentives with Endogenous Habits - and Norms}, - journal = {Scandinavian Journal of Economics}, - year = 1995, - volume = 97, - pages = {477--94}, - number = 4 -} - -@ARTICLE{lnw:norms, - author = {Lindbeck, Assar and Nyberg, S. and Weibull, J-W.}, - title = {Social Norms and Economic Incentives in the Welfare - State}, - journal = {Industrial Institute for Economic and Social - Research}, - year = 1997 -} - -@ARTICLE{lu00, - author = {Ljungqvist, Lars and Uhlig, Harald}, - title = {Tax Policy and Aggregate Demand Management under - Catching Up with the Joneses}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {356--366}, - number = 3, - month = {June} -} - -@INPROCEEDINGS{lss:whatdrivesbook, - author = {Loayza, Norman and Schmidt-Hebbel, Klaus and - Serv{\'e}n, Luis}, - title = {What Drives Saving Across the World?}, - booktitle = {Saving in the World: Puzzles and Policies}, - year = 1998, - editor = {Serv{\'e}n, Luis} -} - -@ARTICLE{lss:whatdrives, - author = {Loayza, Norman and Schmidt-Hebbel, Klaus and - Serv{\'e}n, Luis}, - title = {What Drives Saving Across the World?}, - journal = {Review of Economics and Statistics}, - year = 2000, - volume = 82, - number = 1, - month = May -} - -@TECHREPORT{GarciaOlivera:2005, - author = {Lopez, Miguel Angel Garcia and Olivera, Ivan Muniz}, - title = {The Spatial Effect of Intra-Metropolitan - Agglomeration Economies}, - institution = {Department of Applied Economics at Universitat - Autonoma of Barcelona}, - year = 2005, - type = {Working Papers}, - number = 0513, - month = {June}, - bdsk-url-1 = {http://ideas.repec.org/p/uab/wprdea/wpdea0513.html}, - url = {http://ideas.repec.org/p/uab/wprdea/wpdea0513.html} -} - -@ARTICLE{lnFeathers, - author = {LoPrete, Chiara and Catherine S. Norman}, - title = {Rockets And Feathers In CO2-Power Markets? New - Evidence From The Second Phase Of The EU ETS}, - journal = {Manuscript, Johns Hopkins University}, - year = 2011, - note = {\\ - \url{http://www.webmeets.com/files/papers/EAERE/2011/201/AsymmetricPassthrough_May25-1.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lnFeathers.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lnFeathers.pdf:PDF}, - url = - {http://www.webmeets.com/files/papers/EAERE/2011/201/AsymmetricPassthrough_May25-1.pdf} -} - -@INCOLLECTION{lucas:critique, - author = {Lucas, Robert E.}, - title = {Econometric Policy Evaluation: A Critique}, - booktitle = {The Phillips Curve and Labour Markets}, - publisher = {Journal of Monetary Economics (Supplement)}, - year = 1976, - editor = {Brunner, Karl and Meltzer, Allan H.}, - volume = 1, - pages = {19--46} -} - -@ARTICLE{lucasGrowth, - author = {Lucas, Robert E.}, - title = {On the Mechanics of Economic Development}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 22, - pages = {3--42} -} - -@BOOK{lucasBusinessCycles, - title = {Models of Business Cycles, Yrjo Jahnsson Lectures}, - publisher = {Basil Blackwell}, - year = 1985, - author = {Robert E. Lucas}, - address = {Oxford} -} - -@Article{lucas:assetpricing, - Title = {Asset Prices in an Exchange Economy}, - Author = {Lucas, Robert E.}, - Journal = {Econometrica}, - Year = 1978, - Month = {December}, - Note = {Available at { - \url{http://www.jstor.org/stable/1913837}}}, - Pages = {1429--1445}, - Volume = 46, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1913837} -} - -@ARTICLE{lucas&stokey:money, - author = {{Lucas, Robert E.} and {Stokey, Nancy L.}}, - title = {Optimal Fiscal and Monetary Policy in an Economy - without Capital}, - journal = {Journal of Monetary Economics}, - year = 1983, - volume = 12, - pages = {55--93}, - number = {x} -} - -@ARTICLE{lud04, - author = {Ludvigson, Sydney}, - title = {Consumer Confidence and Consumer Spending}, - journal = {Journal of Economic Perspectives}, - year = 2004, - volume = 18, - pages = {29--50}, - number = 2 -} - -@ARTICLE{ludvigson:credit, - author = {Ludvigson, Sydney}, - title = {Consumption and Credit: A Model of Time-Varying - Liquidity Constraints}, - journal = {The Review of Economics and Statistics}, - year = 1999, - volume = 81, - pages = {434--47}, - number = 3 -} - -@PHDTHESIS{ludvigson:creditthesis, - author = {Ludvigson, Sydney}, - title = {Consumption and Credit: A Model of Time-Varying - Liquidity Constraints}, - school = {Princeton University}, - year = 1996 -} - -@ARTICLE{lettau&ludvigson:bullsandbearsold, - author = {Ludvigson, Sydney and Lettau, Martin}, - title = {Understanding Trend and Cycle in Asset Values: - Bulls, Bears, and the Wealth Effect on Consumption}, - journal = {Manuscript, New York University}, - year = 2001 -} - -@ARTICLE{lettau&ludvigson:finance, - author = {Ludvigson, Sydney and Lettau, Martin}, - title = {Consumption, Aggregate Wealth, and Expected Stock - Returns}, - journal = {Journal of Finance}, - year = 2001, - volume = 56, - pages = {815--49}, - number = 3, - month = {June} -} - -@ARTICLE{lmExcesses, - author = {Ludvigson, Sydney and Michaelides, Alexander}, - title = {Does Buffer Stock Saving Explain the Smoothness and - Excess Sensitivity of Consumption?}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - pages = {631--647}, - number = 3, - month = {June}, - note = {\\ \url{http://www.jstor.org/stable/2677884}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lmExcesses.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lmExcesses.pdf:PDF}, - url = {http://www.jstor.org/stable/2677884} -} - -@ARTICLE{ludvigson&paxson:approximation, - author = {Ludvigson, Sydney and Paxson, Christina}, - title = {Approximation Bias in Euler Equation Estimation}, - journal = {Manuscript, Federal Reserve Bank of New York}, - year = 1997 -} - -@ARTICLE{ludvigson&steindel:stockmarket, - author = {Ludvigson, Sydney and Steindel, Charles}, - title = {How Important is the Stock Market Effect on - Consumption?}, - journal = {Federal Reserve Bank of New York Economic Policy - Review}, - year = 1999 -} - -@ARTICLE{ls04, - author = {Ludwig, Alexander and {Sl{\o}k}, Torsten}, - title = {The Relationship between Stock Prices, House Prices - and Consumption in OECD Countries}, - journal = {Topics in Macroeconomics}, - year = 2004, - volume = 4, - pages = {Article 4}, - number = 1 -} - -@UNPUBLISHED{LudwigSlok:2002, - author = {Ludwig, Alexander and Sl{\o}k, Torsten}, - title = {The Impact of Changes in Stock Prices and House - Prices on Consumption in OECD Countries}, - note = {Working Paper 02/1 International Monetary Fund}, - year = 2002 -} - -@ARTICLE{Ludwig2004, - author = {Ludwig, Alexander and Slok, Torsten}, - title = {The Relationship between Stock Prices, House Prices - and Consumption in OECD Countries}, - journal = {Topics in Macroeconomics}, - year = 2004, - volume = 4, - number = {1, Article 4}, - note = {available at - http://ideas.repec.org/a/bep/mactop/v4y2004i1p1} -} - -@ARTICLE{ludwig&slok:assetpricesIMFwp, - author = {Ludwig, Alexander and Slok, Torsten}, - title = {The Impact of Changes in Stock Prices and House - Prices on Consumption in OECD Countries}, - journal = {IMF Working Paper 02/01}, - year = 2002 -} - -@ARTICLE{luengoprado:excesses, - author = {Luengo-Prado, Maria Jos{\'}e}, - title = {Durables, Nondurables, Down Payments, and - Consumption Excesses}, - journal = {Journal of Monetary Economics}, - year = 2006, - volume = 53, - pages = {1509--1539} -} - -@ARTICLE{lsStates, - author = {Luengo-Prado, Maria Jos{\'}e and S\/orensen, Bent}, - title = {What Can Explain the Excess Smoothness and - Sensitivity of State-Level Consumption?}, - journal = {Review of Economics and Statistics}, - year = 1998, - volume = {Forthcoming} -} - -@ARTICLE{LPSorensen:2006, - author = {Luengo-Prado, Mar{\'}{\i}a Jos{\'}{e} and Sorensen, - Bent}, - title = {What Can Explain Excess Smoothness and Sensitivity - of State-Level Consumption?}, - journal = {Forthcoming in the Review of Economics and - Statistics}, - year = 2006 -} - -@INCOLLECTION{lusardiBehavioral, - author = {Lusardi, Annamaria}, - title = {Information, Expectations, and Savings for - Retirement}, - booktitle = {Behavioral Dimensions of Retirement Economics}, - publisher = {Russell Sage Foundation}, - year = 1999, - editor = {Aaron, Henry}, - pages = {81--115}, - address = {Washington, DC} -} - -@ARTICLE{lusardiPlanning, - author = {Lusardi, Annamaria}, - title = {Planning and Savings for Retirement}, - journal = {Dartmouth College Working Paper}, - year = 2003 -} - -@ARTICLE{lusardi:explaining, - author = {Lusardi, Annamaria}, - title = {Explaining Why So Many Households Do Not Save}, - journal = {Manuscript, Dartmouth College}, - year = 1999 -} - -@ARTICLE{lusardi:importance, - author = {Lusardi, Annamaria}, - title = {On the Importance of the Precautionary Saving - Motive}, - journal = {American Economic Review Papers and Proceedings}, - year = 1998, - volume = 88, - pages = {449--453}, - number = 2 -} - -@ARTICLE{lusardi:subjective, - author = {Lusardi, Annamaria}, - title = {Precautionary Saving and Subjective Earnings - Variance}, - journal = {Economics Letters}, - year = 1997, - volume = 57, - pages = {319--326} -} - -@ARTICLE{lusardi:panel, - author = {Lusardi, Annamaria}, - title = {Permanent Income, Current Income, and Consumption: - Evidence from Panel Data}, - journal = {Manuscript, Dartmouth College}, - year = 1992 -} - -@ARTICLE{lusardiMitchellLiteracy, - author = {Lusardi, Annamaria and Mitchell, Olivia}, - title = {Financial Literacy and Planning: Implications for - Retirement Wellbeing}, - journal = {Wharton School Working Paper}, - year = 2006 -} - -@ARTICLE{lusardiMitchellBoomers, - author = {Lusardi, Annamaria and Mitchell, Olivia S.}, - title = {Baby Boomer Retirement Security: The Roles of - Planning, Financial Literacy, and Housing Wealth}, - journal = {Journal of Monetary Economics}, - year = 2007, - volume = {Forthcoming}, - bdsk-url-1 = {http://dx.doi.org/10.1016/j.moneco.2006.12.001}, - doi = {doi:10.1016/j.moneco.2006.12.001} -} - -@ARTICLE{lstFragile, - author = {Lusardi, Annamaria and Schneider, Daniel J. and - Peter Tufano}, - title = {Financially Fragile Households: Evidence and - Implications}, - journal = {NBER Working Paper Number 17072}, - year = 2011, - number = 17072, - note = {\url{http://www.nber.org/papers/w17072}}, - file = {lstFragile.pdf:lstFragile.pdf:PDF}, - publisher = {National Bureau of Economic Research, Inc}, - url = {http://www.nber.org/papers/w17072} -} - -@ARTICLE{lusardiSkinnerPolicy, - author = {Lusardi, Annamaria and Skinner, Jonathan and Venti, - Steven}, - title = {Saving Puzzles and Saving Policies in the United - States}, - journal = {Oxford Review of Economic Policy}, - year = 2001, - volume = 17, - pages = {95--115}, - number = 1 -} - -@ARTICLE{lv05, - author = {Lustig, Hanno N. and {Van Nieuwerburgh}, Stijn G.}, - title = {Housing Collateral, Consumption Insurance and Risk - Premia: An Empirical Perspective}, - journal = {Journal of Finance}, - year = 2005, - volume = 60, - pages = {1167--1219}, - number = 3 -} - -@MISC{Melitz/Zumer:1999, - author = {M{\'}{e}litz, Jacques and Zumer, - Fr{\'}{e}d{\'}{e}ric}, - title = {Interregional and international risk sharing and - lessons for EMU}, - howpublished = {CEPR Discussion Paper No. 2154}, - month = {May}, - year = 1999, - file = {:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/#F#:Djvu} -} - -@ARTICLE{mullerelliott:initial, - author = {M{\"}uller, Ulirich K. and Elliott, Graham}, - title = {Tests for unit roots and the initial condition}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {1269--}, - number = 4, - month = {July} -} - -@ARTICLE{ms07, - author = {M{\"}unich, Daniel and Svejnar, Jan}, - title = {Unemployment in {E}ast and {W}est {E}urope}, - journal = {Labor Economics}, - year = 2007, - volume = 14, - pages = {681--694}, - number = 4 -} - -@ARTICLE{mst05a, - author = {M{\"}unich, Daniel and Svejnar, Jan and Terrell, - Katherine}, - title = {Returns to Human Capital Under The {C}ommunist Wage - Grid and During the Transition to a Market Economy}, - journal = {The Review of Economics and Statistics}, - year = 2005, - volume = 87, - pages = {100--123}, - number = 1 -} - -@ARTICLE{mst05, - author = {Daniel M{\"u}nich and Jan Svejnar and Catherine - Terrell}, - title = {Is Women's Human Capital Valued More by Markets than - by Planners?}, - journal = {Journal of Comparative Economics}, - year = 2005, - volume = 33, - pages = {278--299}, - number = 2 -} - -@TECHREPORT{mw07, - author = {Ma{\'}ckowiak, Bartosz and Wiederholt, Mirko}, - title = {Optimal Sticky Prices under Rational Inattention}, - institution = {Northwestern University}, - year = 2007, - type = {mimeo} -} - -@BOOK{macaulay, - title = {The Movements of Interest Rates, Bond Yields and - Stock Prices in the United States Since 1856}, - publisher = {National Bureau of Economic Research}, - year = 1938, - author = {Macaulay, Frederick R.}, - address = {New York} -} - -@TECHREPORT{mr07, - author = {Machin, Stephen and {Van Reenen}, John}, - title = {Changes in Wage Inequality}, - institution = {Center for Economic Performance, London School of - Economics and Political Science}, - year = 2007, - type = {Special Paper}, - number = 18 -} - -@ARTICLE{macklem:consumption, - author = {Macklem, R. Tiff}, - title = {Wealth, Disposable Income and Consumption: Some - Evidence for Canada}, - journal = {Bank of Canada}, - year = 1994 -} - -@article{macurdyLelasticity, - author = {MaCurdy, Thomas E.}, - journal = {Journal of Political Economy}, - month = {December}, - number = 6, - pages = {1059-1085}, - title = {An Empirical Model of Labor Supply in a Life-Cycle - Setting}, - volume = 89, - year = 1981, -} - -@ARTICLE{madrian&shea:401k, - author = {Madrian, Brigitte C. and Shea, Dennis F.}, - title = {The Power of Suggestion: Inertia in 401(k) - Participation and Savings Behavior}, - journal = {NBER Working Paper 7682}, - year = 2000, - month = may -} - -@ARTICLE{mpCohort, - author = {Maki, Dean M. and Michael G. Palumbo}, - title = {Disentangling the Wealth Effect: A Cohort Analysis - of Household Saving in the 1990s}, - journal = {Finance and Economics Discussion Series 2001-21}, - year = 2001, - publisher = {Federal Reserve Board of Governors} -} - -@ARTICLE{maliar:KS, - author = {Maliar, Lilia and Maliar, Serguei and Valli, - Fernando}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty Using the Krusell Smith Algorithm}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {42--49}, - number = 1, - month = {January} -} - -@ARTICLE{maliar, - author = {Maliar, Lilia and Maliar, Serguei and Valli, - Fernando}, - title = {Comparing Numerical Solutions of Models with - Heterogeneous Agents (Models B): a Grid-based Euler - Equation Algorithm}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{mnDepressionBabies, - author = {Malmendier, Ulrike and Stefan Nagel}, - title = {Depression Babies: Do Macroeconomic Experiences - Affect Risk Taking?}, - journal = {Quarterly Journal of Economics}, - year = 2011, - volume = 126, - number = {373--416}, - doi = {10.1093/qje/qjq004}, - file = {mnDepressionBabies.pdf:mnDepressionBabies.pdf:PDF}, - url = - {http://qje.oxfordjournals.org/content/126/1/373.full} -} - -@ARTICLE{mangasarian:sufficient, - author = {Mangasarian, A.}, - title = {Sufficient Conditions for the Optimal Control of - Nonlinear Systems}, - journal = {SIAM Journal on Control}, - year = 1966, - volume = 4, - pages = {139--152} -} - -@ARTICLE{mankiw:inexorable, - author = {Mankiw, N. Gregory}, - title = {The Inexorable and Mysterious Tradeoff Between - Inflation and Unemployment}, - journal = {Economic Journal}, - year = 2001, - volume = 111, - pages = {C45-C61}, - number = 471 -} - -@INPROCEEDINGS{mankiw:saversspenders, - author = {Mankiw, N. Gregory}, - title = {The Savers-Spenders Theory of Fiscal Policy}, - booktitle = {American Economic Review Papers and Proceedings}, - year = 2000 -} - -@ARTICLE{mankiw:growth, - author = {Mankiw, N. Gregory}, - title = {The Growth of Nations}, - journal = {Brookings Papers on Economic Activity}, - year = 1995, - volume = 1995, - pages = {275--326}, - number = 1 -} - -@ARTICLE{mankiw:durgoods, - author = {Mankiw, N. Gregory}, - title = {Hall's Consumption Hypothesis and Durable Goods}, - journal = {Journal of Monetary Economics}, - year = 1982, - volume = 10, - pages = {417--425}, - number = 3 -} - -@INPROCEEDINGS{mr03, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Sticky Information: A model of Monetary - Non-neutrality and Structural Slumps}, - booktitle = {Knowledge, Information, and Expectation in Modern - Macroeconomics}, - year = 2003, - editor = {Aghion, Phillipe}, - pages = {64--86}, - address = {Cambridge, MA}, - publisher = {MIT Press} -} - -@ARTICLE{mr06, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Pervasive Stickiness}, - journal = {American Economic Review}, - year = 2006, - volume = 96, - pages = {164--169}, - number = 2 -} - -@article{mrsBalance, - author = {Atif Mian and Kamalesh Rao and Amir Sufi}, - journal = {Manuscript, University of California at Berkeley}, - title = {Household Balance Sheets, Consumption, and the - Economic Slump}, - year = {2011}, -} - -@inproceedings{mb54, - address = {New Brunswick, NJ}, - author = {Franco Modigliani and Richard Brumberg}, - booktitle = {Post-Keynesian Economics}, - editor = {Kenneth K. Kurihara}, - publisher = {Rutgers University Press}, - title = {Utility Analysis and the Consumption Function: An - Interpretation of Cross-Section Data}, - year = {1954}, -} - -@article{scWhySavSoLow, - author = {Summers, Lawrence H. and Carroll, Christopher D.}, - journal = {Brookings Papers on Economic Activity}, - note = - {\url{http://econ.jhu.edu/people/ccarroll/NatSavSoLow.pdf}}, - number = {2}, - pages = {607--636}, - title = {Why is U.S.\ National Saving So Low?}, - volume = {1987}, - year = {1987}, - url = {http://econ.jhu.edu/people/ccarroll/NatSavSoLow.pdf}, -} - -@comment{mankiw&reis:slumpsartOld} -@ARTICLE{mrSlumpsNBER, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Sticky Information: A Model of Monetary - Nonneutrality and Structural Slumps}, - journal = {NBER Working Paper Number 8614}, - year = 2001 -} - -@ARTICLE{mrSlumps, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Sticky Information Versus Sticky Prices: A Proposal - to Replace the New Keynesian Phillips Curve}, - journal = {Quarterly Journal of Economics}, - year = 2002, - volume = 117, - pages = {1295--1328}, - number = 4, - month = {November} -} - -@ARTICLE{mrw:contribution, - author = {Mankiw, N. Gregory and Romer, David and Weil, David - N.}, - title = {A Contribution to the Empirics of Economic Growth}, - journal = {Quarterly Journal of Economics}, - year = 1992, - volume = 107, - pages = {407--437} -} - -@ARTICLE{mankiw&zeldes:stockholders, - author = {Mankiw, N. Gregory and Zeldes, Stephen P.}, - title = {The Consumption of Stockholders and Non - Stockholders}, - journal = {Journal of Financial Economics}, - year = 1989, - volume = 15, - pages = {145--61} -} - -@ARTICLE{MankiwZeldes:1991, - author = {Mankiw, N. Gregory and Zeldes., Stephen P.}, - title = {The Consumption of Stockholders and - Non-Stockholders}, - journal = {Journal of Financial Economics}, - year = 1991, - volume = 29, - pages = {97--112} -} - -@ARTICLE{mmSkip, - author = {Manski, C.F. and Molinari, F.}, - title = {Skip Sequencing: A Decision Problem in Questionnaire - Design}, - journal = {The Annals of Applied Statistics}, - year = 2008, - volume = 2, - pages = 264, - number = 1, - publisher = {NIH Public Access} -} - -@ARTICLE{marcet&sargent:convergence, - author = {Marcet, Albert and Sargent, Thomas J.}, - title = {Convergence of Least Squares Learning Mechanisms in - Self Referential Linear Stochastic Models}, - journal = {Journal of Economic Theory}, - year = 1991, - volume = 48, - pages = {337--68} -} - -@ARTICLE{MarigerLiqConstr87, - author = {Mariger, Randall P.}, - title = {A Life-Cycle Consumption Model with Liquidity - Constraints: Theory and Empirical Results}, - journal = {Econometrica}, - year = 1987, - volume = 55, - number = {533-557} -} - -@INCOLLECTION{marimon:learning, - author = {Marimon, Ramon}, - title = {Learning from Learning in Economics}, - booktitle = {Advances in Economics and Econometrics: Theory and - Applications, Volume I}, - publisher = {Cambridge University Press}, - year = 1997, - editor = {Kreps, David and Wallis, K.}, - address = {Cambridge} -} - -@BOOK{markowitz, - title = {Portfolio Selection: Efficient Diversification of - Investment}, - publisher = {John Wiley and Sons}, - year = 1959, - author = {Markowitz, Harold}, - address = {New York} -} - -@BOOK{marshall:principles, - title = {Principles of Economics}, - publisher = {The MacMillan Company}, - year = 1898, - author = {Marshall, Alfred}, - address = {New York}, - edition = {Eighth} -} - -@BOOK{mayer:pihbook, - title = {Permanent Income, Wealth, and Consumption}, - publisher = {University of California Press}, - year = 1972, - author = {Mayer, Thomas}, - address = {Berkeley} -} - -@TECHREPORT{mp02, - author = {Mc{C}arthy, Jonathan and Peach, Richard W.}, - title = {Monetary Policy Transmission to Residential - Investment}, - institution = {Federal Reserve Bank of New York}, - year = 2002, - type = {{FRBNY Economic Policy Review}}, - number = 1, - pages = {139--158}, - volume = 8 -} - -@ARTICLE{oecdMicro, - author = {McCall, Robert}, - title = {Development of International Guidelines and - Frameworks for Micro Statistics on Household Income, - Consumption and Wealth}, - journal = {Presentation at 32nd General Conference of the - International Association for Research in Income and - Wealth}, - year = 2012, - note = - {\url{http://www.iariw.org/papers/2012/McCollPaper.pdf}}, - url = {http://www.iariw.org/papers/2012/McCollPaper.pdf} -} - -@ARTICLE{mccallum:review, - author = {McCallum, Bennett T.}, - title = {Recent Developments in Monetary Policy Analysis: The - Roles of Theory and Evidence}, - journal = {Federal Reserve Bank of Richmond Economic Quarterly}, - year = 2002, - volume = 88, - pages = {67--95}, - number = 1 -} - -@ARTICLE{mccarthy:debt, - author = {McCarthy, Jonathan}, - title = {Does the Household Balance Sheet Affect Expenditures - Response to Monetary Policy?}, - journal = {Manuscript, Federal Reserve Bank of New York}, - year = 1997 -} - -@ARTICLE{mccarthy:mpc, - author = {McCarthy, Jonathan}, - title = {Imperfect Insurance and Differing Propensities to - Consume Across Households}, - journal = {Journal Of Monetary Economics}, - year = 1995, - volume = 36, - pages = {301--327}, - number = 2 -} - -@ARTICLE{mcculloughReplicability, - author = {McCullough, Bruce D.}, - title = {Got Replicability? The Journal of Money, Credit and - Banking Archive}, - journal = {Econ Journal Watch}, - year = 2007, - volume = 4, - pages = {326--337}, - number = 3 -} - -@INCOLLECTION{meghirPistaferri_earnigsClifeCycle, - author = {Costas Meghir and Luigi Pistaferri}, - title = {Earnings, Consumption and Life Cycle Choices}, - booktitle = {Handbook of Labor Economics}, - publisher = {Elsevier}, - year = 2011, - editor = {O. Ashenfelter and D. Card}, - volume = 4, - chapter = 9, - pages = {773--854} -} - -@ARTICLE{meghir&pistaferri, - author = {Meghir, Costas and Pistaferri, Luigi}, - title = {Income Variance Dynamics and Heterogeneity}, - journal = {Journal of Business and Economic Statistics}, - year = 2004, - volume = 72, - pages = {1--32}, - number = 1 -} - -@comment{meghir&weber:habitsOld} -@ARTICLE{mwHabits, - author = {Meghir, Costas and Weber, Guglilelmo}, - title = {Intertemporal Non-Separability or Borrowing - Restrictions? A Disaggregate Analysis Using a - U.S. Consumption Panel}, - journal = {Econometrica}, - year = 1996, - volume = 64, - pages = {1151--82}, - number = 5 -} - -@Article{mehraPrescottPuzzle, - Title = {The Equity Premium: A Puzzle}, - Author = {Mehra, Rajnish and Prescott, Edward C.}, - Journal = {Journal of Monetary Economics}, - Year = 1985, - Note = {Available at { - \url{http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html}}}, - Pages = {145-61}, - Volume = 15, - Owner = {Nic Johnson}, - Url = - {http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html} -} - -@Article{mehra&prescott:puzzle, - Title = {The Equity Premium: A Puzzle}, - Author = {Mehra, Rajnish and Prescott, Edward C.}, - Journal = {Journal of Monetary Economics}, - Year = 1985, - Note = {Available at { - \url{http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html}}}, - Pages = {145-61}, - Volume = 15, - Owner = {Nic Johnson}, - Url = - {http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html} -} - -@ARTICLE{mehra:wealtheffect, - author = {Mehra, Yash}, - title = {The Wealth Effect in Empirical Life Cycle Aggregate - Consumption Equations}, - journal = {Federal Reserve Bank of Richmond Economic Quarterly, - 87/2}, - year = 2001 -} - -@ARTICLE{mehra:surveyinfl, - author = {Mehra, Yash P.}, - title = {Survey Measures of Expected Inflation: Revisiting - the Issues of Predictive Content and Rationality}, - journal = {Manuscript, Federal Reserve Bank of Richmond}, - year = 2002 -} - -@ARTICLE{menchik&david:nodissav, - author = {Menchik, Paul L. and David, Martin}, - title = {Income Distribution, Lifetime Savings, and Bequests}, - journal = {American Economic Review}, - year = 1983, - volume = 83, - pages = {672--690}, - number = 4 -} - -@ARTICLE{MendelsonAmihud:consumption, - author = {Mendelson, Haim and Amihud, Yakov}, - title = {Optimal Consumption Policy Under Uncertain Income}, - journal = {Management Science}, - year = 1982, - volume = 28, - pages = {683--697}, - number = 6, - month = {June} -} - -@article{mqrImbal, - Author = {Enrique G. Mendoza and Vincenzo Quadrini and Jos\'{e}-V\'{i}ctor R\'{i}os-Rull}, - Title = "{Financial Integration, Financial Development, and Global Imbalances}", - journal={Journal of Political Economy}, - Year = {2009}, - volume={117}, - number={3}, -} - -@ARTICLE{mqrImbal-NBERWP, - author = {Mendoza, Enrique G. and Quadrini, Vincenzo and - Rios-Rull, Jose-Victor}, - title = {Financial Integration, Financial Deepness and Global - Imbalances}, - journal = {NBER Working Paper Number w12909}, - year = 2007 -} - -@ARTICLE{merton:restat, - author = {Merton, Robert C.}, - title = {Lifetime Portfolio Selection under Uncertainty: The - Continuous Time Case}, - journal = {Review of Economics and Statistics}, - year = 1969, - volume = 51, - pages = {247--257} -} - -@ARTICLE{msFallacy, - author = {Merton, Robert C. and Samuelson, Paul A.}, - title = {Fallacy of the Log-Normal Approximation to Optimal - Portfolio Decision-Making over Many Periods}, - journal = {Journal of Financial Economics}, - year = 1974, - volume = 1, - pages = {67--94}, - number = 1, - issn = {0304-405X}, - publisher = {Elsevier} -} - -@ARTICLE{msWinning, - author = {Meyer, Bruce D. and Sullivan, James X.}, - title = {Winning the War: Poverty from the Great Society to - the Great Recession}, - journal = {Brookings Papers on Economic Activity}, - year = 2012, - month = {Fall}, - url = - {http://www.brookings.edu/~/media/Projects/BPEA/Fall2012/2012fallmeyer.pdf} -} - -@ARTICLE{msDecades, - author = {Meyer, Bruce D. and Sullivan, James X.}, - title = {Five Decades of Consumption and Income Poverty}, - journal = {Working Papers, Harris School of Public Policy - Studies, University of Chicago}, - year = 2009 -} - -@ARTICLE{MianSufi:2011, - author = {Mian, Atif and Sufi, Amir}, - title = {Consumers and the Economy, Part II: Household Debt - and the Weak U.S. Recovery}, - journal = {FRBSF Economic Letter}, - year = 2011, - volume = 4, - month = {January} -} - -@TECHREPORT{msClunkers, - author = {Mian, Atif and Sufi, Amir}, - title = {The Effects of Fiscal Stimulus: Evidence from the - 2009 `Cash for Clunkers' Program'}, - institution = {National Bureau of Economic Research}, - year = 2010, - type = {Working Paper}, - number = 16351, - month = {September}, - abstract = {A key rationale for fiscal stimulus is to boost - consumption when aggregate demand is perceived to be - inefficiently low. We examine the ability of the - government to increase consumption by evaluating the - impact of the 2009 ``Cash for Clunkers'' program on - short and medium run auto purchases. Our empirical - strategy exploits variation across U.S. cities in - ex-ante exposure to the program as measured by the - number of ``clunkers'' in the city as of the summer - of 2008. We find that the program induced the - purchase of an additional 360,000 cars in July and - August of 2009. However, almost all of the - additional purchases under the program were pulled - forward from the very near future; the effect of the - program on auto purchases is almost completely - reversed by as early as March 2010 -- only seven - months after the program ended. The effect of the - program on auto purchases was significantly more - short-lived than previously suggested. We also find - no evidence of an effect on employment, house - prices, or household default rates in cities with - higher exposure to the program.}, - bdsk-url-1 = {http://www.nber.org/papers/w16351}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w16351} -} - -@ARTICLE{msMortgage, - author = {Mian, Atif and Sufi, Amir}, - title = {The Consequences of Mortgage Credit Expansion: - Evidence from the U.S. Mortgage Default Crisis}, - journal = {Quarterly Journal of Economics}, - year = 2009, - volume = 124, - number = 4, - month = {November} -} - -@ARTICLE{mianSufiQJE, - author = {Mian, Atif and Sufi, Amir}, - title = {The Consequences of Mortgage Credit Expansion: - Evidence from the 2007 Mortgage Default Crisis}, - journal = {Forthcoming, {\it Quarterly Journal of Economics}}, - year = 2008, - month = Apr, - note = {Available at - \url{http://ideas.repec.org/p/nbr/nberwo/13936.html}}, - institution = {National Bureau of Economic Research, Inc}, - type = {NBER Working Paper No. 13936} -} - -@ARTICLE{michaelides:reversion, - author = {Michaelides, Alexander}, - title = {Portfolio Choice, Liquidity Constraints and Stock - Market Mean Reversion}, - journal = {CEPR Discussion Paper No. 2823}, - year = 2005 -} - -@ARTICLE{michaelides:reconcile, - author = {Michaelides, Alexander}, - title = {A Reconciliation of Two Alternative Approaches - Towards Buffer Stock Saving}, - journal = {Economics Letters}, - year = 2003, - volume = 79, - pages = {137--143}, - number = 1, - month = {April} -} - -@ARTICLE{michaelidesBufHab, - author = {Michaelides, Alexander}, - title = {Buffer Stock Saving and Habit Formation}, - journal = {Manuscript, London School of Economics}, - year = 2002 -} - -@ARTICLE{GomesMichaelides:PortHabits, - author = {Michaelides, Alexander and Gomes, Francisco}, - title = {Portfolio Choice with Internal Habit Formation: A - Life-Cycle Model with Uninsurable Labor Income Risk}, - journal = {Review of Economic Dynamics}, - year = 2003, - volume = 6, - pages = {729--766}, - month = {October} -} - -@ARTICLE{michaelidesHaliassos:portfolio, - author = {Michaelides, Alexander and Haliassos, Michael}, - title = {Portfolio Choice and Liquidity Constraints}, - journal = {International Economic Review}, - year = 2003, - volume = 44, - pages = {144--177}, - number = 1, - month = {February} -} - -@ARTICLE{KalyvitisMichaelides:exchrates, - author = {Michaelides, Alexander and Kalyvitis, Sarantis}, - title = {New Evidence on the Effects of U.S.\ Monetary Policy - on Exchange Rates}, - journal = {Economics Letters}, - year = 2001, - volume = 71, - pages = {255--263}, - number = 2, - month = {May} -} - -@ARTICLE{michaelidesNg:speculative, - author = {Michaelides, Alexander and Ng, Serena}, - title = {Estimating the Rational Expectations Model of - Speculative Storage: A Monte Carlo Comparison of - Three Simulation Estimators}, - journal = {Journal of Econometrics}, - year = 2000, - volume = 96, - pages = {231--266}, - number = 2, - month = {June} -} - -@ARTICLE{ng:estbysim, - author = {Michaelides, Alexander and Ng, Serena}, - title = {Estimating the Rational Expectations Model of - Speculative Storage: A Monte Carlo Comparison of - Three Simulation Estimators}, - journal = {Manuscript, Department of Economics, Boston - University}, - year = 1997 -} - -@BOOK{micklethwaitWooldridgeCompany, - title = {The Company: A Short History of a Revolutionary - Idea}, - publisher = {Modern Library}, - year = 2002, - author = {Micklethwait, John and Wooldridge, Adrian} -} - -@MISC{milesi&roubini:hctax, - author = {{Milesi-Ferretti, Gian~Maria} and {Nouriel Roubini}}, - title = {Optimal Taxation of Human and Physical Capital in - Endogenous Growth Models}, - howpublished = {Mimeo}, - year = 1993 -} - -@ARTICLE{MillerPIH, - author = {Miller, Bruce L}, - title = {The Effect on Optimal Consumption of Increased - Uncertainty in Labor Income in the Multiperiod Case}, - journal = {Journal of Economic Theory}, - year = 1976, - volume = 13, - pages = {154--166} -} - -@ARTICLE{mishkin:durables, - author = {Mishkin, Frederic S.}, - title = {Consumer Sentiment and Spending on Durable Goods}, - journal = {Brookings Papers on Economic Activity, 1978:1}, - year = 1978, - pages = {217--231} -} - -@ARTICLE{mishkin:brookings, - author = {Mishkin, Frederic S.}, - title = {What Depressed the Consumer? The Household Balance - Sheet and the 1973-75 Recession}, - journal = {Brookings Papers on Economic Activity, 1977:1}, - year = 1977, - pages = {123--164} -} - -@ARTICLE{mishkin:aer, - author = {Mishkin, Frederic S.}, - title = {Illiquidity, Consumer Durable Expenditure, and - Monetary Policy}, - journal = {American Economic Review}, - year = 1976, - volume = 66, - pages = {642--654}, - number = 4 -} - -@TECHREPORT{misraSurico:heteroResponses, - author = {Kanisha Misra and Paolo Surico}, - title = {Heterogeneous Responses and Aggregate Impact of the - 2001 Income Tax Rebates}, - institution = {CEPR}, - year = 2011, - type = {discussion paper}, - number = 8306 -} - -@article{modiglianiWealth, - author = {Modigliani, Franco}, - title = {The Life Cycle Hypothesis, the Demand for Wealth, - and the Supply of Capital}, - journal = {Social Research}, - volume = 33, - pages = {160--217}, - year = 1966 -} - -@INCOLLECTION{modigliani:intercountry, - author = {Modigliani, Franco}, - title = {The Life Cycle Hypothesis of Saving and - Inter-Country Differences in the Saving Ratio}, - booktitle = {Induction, Growth, and Trade: Essays in Honor of Sir - Roy Harrod}, - publisher = {Clarendon Press}, - year = 1970, - editor = {Eltis, W.~A., et. al.}, - address = {London} -} - -@Article{modigliani:nobel, - Title = {Life Cycle, Individual Thrift, and the Wealth of - Nations}, - Author = {Modigliani, Franco}, - Journal = {American Economic Review}, - Year = 1986, - Month = {June}, - Note = {Available at { - \url{http://www.jstor.org/stable/1813352}}}, - Number = 76, - Pages = {297--313}, - Volume = 3, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1813352} -} - -@ARTICLE{ma63, - author = {Modigliani, Franco and Ando, Albert}, - title = {The Life Cycle Hypothesis of Saving: Aggregate - Implications and Tests}, - journal = {American Economic Review}, - year = 1963, - volume = 53, - pages = {55--84}, - number = 1 -} - -@INCOLLECTION{modigliani&brumberg:lifecycle, - author = {Modigliani, Franco and Brumberg, Richard}, - title = {Utility Analysis and the Consumption Function: An - Interpretation of Cross-Section Data}, - booktitle = {Post-Keynesian Economics}, - publisher = {Rutgers University Press}, - year = 1954, - editor = {Kurihara, Kenneth K.}, - pages = {388--436}, - address = {New Brunswick, N.J.} -} - -@ARTICLE{mmTheorem, - author = {Modigliani, Franco and Miller, Merton H.}, - title = {The Cost of Capital, Corporation Finance, and the - Theory of Investment}, - journal = {American Economic Review}, - year = 1958, - volume = 48, - pages = {261--297}, - number = 3, - month = {June} -} - -@INCOLLECTION{moffitt02, - author = {Moffitt, Robert}, - title = {Welfare Programs and Labor Supply}, - booktitle = {Handbook of Public Economics}, - publisher = {Elsevier}, - year = 2002, - editor = {Auerbach, A. J. and Feldstein, M.}, - volume = 4, - series = {Handbook of Public Economics}, - chapter = 34, - pages = {2393--2430} -} - -@ARTICLE{moffittID, - author = {Moffitt, Robert}, - title = {Identification And Estimation Of Dynamic Models With - A Time Series Of Repeated Cross-Sections}, - journal = {Journal of Econometrics}, - year = 1993, - volume = 59, - pages = {99--123}, - number = {1-2}, - publisher = {Elsevier} -} - -@ARTICLE{moffitt84, - author = {Moffitt, Robert}, - title = {The Estimation of a Joint Wage-Hours Labor Supply - Model}, - journal = {Journal of Labor Economics}, - year = 1984, - volume = 2, - pages = {550--66}, - number = 4 -} - -@ARTICLE{moffitt&gottschalk08, - author = {Moffitt, Robert A. and Gottschalk, Peter}, - title = {Trends in Transitory Variance of Male Earnings in - the U.S., 1970-2004}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{moffitt&gottschalk02, - author = {Moffitt, Robert A. and Gottschalk, Peter}, - title = {Trends in the Transitory Variance of Earnings in the - United States}, - journal = {Economic Journal}, - year = 2002, - volume = 112 -} - -@ARTICLE{moffitt&gottschalk95, - author = {Moffitt, Robert A. and Gottschalk, Peter}, - title = {Trends in the Covariance Structure of Earnings in - the U.S.: 1969-1987}, - journal = {Manuscript}, - year = 1995 -} - -@ARTICLE{mgCovariance, - author = {Moffitt, Robert and Gottschalk, Peter}, - title = {Trends in the Covariance Structure of Earnings in - the U.S.: 1969--1987}, - journal = {Journal of Economic Inequality}, - year = 2011, - volume = 9, - pages = {439--459}, - note = {doi: 10.1007/s10888-010-9154-z}, - affiliation = {Johns Hopkins University, Baltimore, MD, USA}, - file = - {/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/mgCovariance.pdf:/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/mgCovariance.pdf:PDF}, - issn = {1569-1721}, - issue = 3, - keyword = {Business and Economics}, - publisher = {Springer Netherlands}, - url = {http://dx.doi.org/10.1007/s10888-010-9154-z} -} - -@TECHREPORT{MooreJohnson:2005, - author = {Moore, Kevin and Johnson, Barry}, - title = {Consider the Source: Differences in Estimates of - Income and Wealth from Survey and Tax Data}, - institution = {Federal Reserve Board, Internal Revenue Service}, - year = 2005, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/johnsmoore.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/johnsmoore.pdf}}, - month = {January} -} - -@ARTICLE{mor03, - author = {Moreira, Marcelo J.}, - title = {A Conditional Likelihood Ratio Test for Structural - Models}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {1027--1048}, - number = 4 -} - -@ARTICLE{morris&shin:inertia, - author = {Morris, Stephen and Shin, Hyung Sohn}, - title = {The Inertia of Forward Looking Expectations}, - journal = {Manuscript, London School of Economics}, - year = 2005 -} - -@ARTICLE{mpSearch, - author = {Mortensen, Dale T and Pissarides, Christopher A}, - title = {Job Creation and Job Destruction in the Theory of - Unemployment}, - journal = {Review of Economic Studies}, - year = 1994, - volume = 61, - pages = {397--415}, - number = 3, - month = {July}, - bdsk-url-1 = - {http://ideas.repec.org/a/bla/restud/v61y1994i3p397-415.html}, - url = - {http://ideas.repec.org/a/bla/restud/v61y1994i3p397-415.html} -} - -@ARTICLE{mroz87, - author = {Mroz, Thomas A}, - title = {The Sensitivity of an Empirical Model of Married - Women's Hours of Work to Economic and Statistical - Assumptions}, - journal = {Econometrica}, - year = 1987, - volume = 55, - pages = {765--99}, - number = 4 -} - -@ARTICLE{muellbauerFed, - author = {Muellbauer, John N.}, - title = {Housing, Credit, and Consumer Expenditure}, - journal = {Housing, Housing Finance, and Monetary Policy}, - year = 2007, - bdsk-url-1 = - {http://www.kc.frb.org/publicat/sympos/2007/PDF/Muellbauer_0415.pdf}, - publisher = {Federal Reserve Bank of Kansas City}, - url = {http://www.kc.frb.org/publicat/sympos/2007/PDF/Muellbauer_0415.pdf} -} - -@ARTICLE{mulligan&xavier:transition, - author = {Mulligan, Casey and i Martin, Xavier Sala}, - title = {Transitional Dynamics in Two-Sector Models of - Endogenous Growth}, - journal = {Quarterly Journal of Economics}, - year = 1993, - pages = {739--93}, - month = {August} -} - -@MISC{mulliganRBC, - author = {Mulligan, Casey B.}, - title = {Are Employers Unwilling to Hire, or Are Some Workers - Unwilling to Work?}, - howpublished = - {\url{http://economix.blogs.nytimes.com/2008/12/24/are-employers-unwilling-to-hire-or-are-workers-unwilling-to-work/}}, - year = 2008, - journal = {New York Times Economix Blog}, - volume = {January 8} -} - -@ARTICLE{Mulligan&sm:transdynam, - author = {{Mulligan, Casey B.} and {Xavier Sala-i-Martin}}, - title = {Transitional Dynamics in Two-Sector Models of - Endogenous Growth}, - journal = {Quarterly Journal of Economics}, - year = 1993, - volume = {CVIII}, - pages = {739--773}, - number = 3, - month = {August} -} - -@TECHREPORT{mrMobilityIndia, - author = {Munshi, Kaivan and Rosenzweig, Mark}, - title = {Why is Mobility in India so Low? Social Insurance, - Inequality, and Growth}, - institution = {National Bureau of Economic Research}, - year = 2009, - type = {Working Paper}, - number = 14850, - month = {April}, - abstract = {This paper examines the hypothesis that the - persistence of low spatial and marital mobility in - rural India, despite increased growth rates and - rising inequality in recent years, is due to the - existence of sub-caste networks that provide mutual - insurance to their members. Unique panel data - providing information on income, assets, gifts, - loans, consumption, marriage, and migration are used - to link caste networks to household and aggregate - mobility. Our key finding, consistent with the - hypothesis that local risk-sharing networks restrict - mobility, is that among households with the same - (permanent) income, those in higher-income caste - networks are more likely to participate in - caste-based insurance arrangements and are less - likely to both out-marry and out-migrate. At the - aggregate level, the networks appear to have coped - successfully with the rising inequality within - sub-castes that accompanied the Green - Revolution. The results suggest that caste networks - will continue to smooth consumption in rural India - for the foreseeable future, as they have for - centuries, unless alternative consumption-smoothing - mechanisms of comparable quality become available.}, - bdsk-url-1 = {http://www.nber.org/papers/w14850}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w14850} -} - -@ARTICLE{muth:rational, - author = {Muth, John F.}, - title = {Rational Expectations and the Theory of Price - Movements}, - journal = {Econometrica}, - year = 1961, - volume = 29, - pages = {315--35}, - number = 3, - month = {July} -} - -@article{muthOptimal, - author = {Muth, John F.}, - journal = {Journal of the American Statistical Association}, - number = {290}, - pages = {299--306}, - title = {Optimal Properties of Exponentially Weighted - Forecasts}, - volume = {55}, - year = {1960}, -} - - -@ARTICLE{naik&moore:habits, - author = {Naik, Narayan and Moore, Michael}, - title = {Habit Formation and Intertemporal Substitution in - Individual Food Consumption}, - journal = {Review of Economics and Statistics}, - year = 1996, - volume = 78, - pages = {321--328}, - number = 2 -} - -@BOOK{cnstatMeasuring, - title = {Measuring What We Spend: Toward a New Consumer - Expenditure Survey}, - publisher = {The National Academies Press}, - year = 2012, - author = {{National Research Council}}, - note = {Don A. Dillman and Carol C. House, Editors; Panel on - Redesigning the BLS Consumer Expenditure Surveys; - Committee on National Statistics; Division of - Behavioral and Social Sciences and Education}, - isbn = 9780309265751, - url = {http://www.nap.edu/openbook.php?record_id=13520} -} - -@ARTICLE{neave:inherit, - author = {Neave, Edwin H.}, - title = {Multiperiod Consumption-Investment Decisions and - Risk Preference}, - journal = {Journal of Economic Theory}, - year = 1971, - volume = 3, - pages = {40--53}, - number = 1 -} - -@ARTICLE{nelson&startz:disease, - author = {{Nelson, Charles R.} and Startz, Richard}, - title = {The Distribution of the Instrumental Variables - Estimator and its t-Ratio When the Instrument iIs a - Poor One}, - journal = {Journal of Business}, - year = 1990, - volume = 63, - pages = {125--140} -} - -@ARTICLE{nwTelescoping, - author = {Neter, J. and Waksberg, J.}, - title = {A Study Of Response Errors In Expenditures Data From - Household Interviews}, - journal = {Journal of the American Statistical Association}, - year = 1964, - pages = {18--55}, - publisher = {JSTOR} -} - -@ARTICLE{newey&west:hac, - author = {Newey, Whitney K. and West, Kenneth D.}, - title = {A Simple Positive Semi-Definite, Heteroskedasticity - and Autorcorrelation Consistent Covariance Matrix}, - journal = {Econometrica}, - year = 1987, - volume = 55, - pages = {703--708} -} - -@ARTICLE{ng:acase, - author = {Ng, Y.~K.}, - title = {A Case for Happiness, Cardinalism, and Interpersonal - Comparability}, - journal = {Economic Journal}, - year = 1997, - volume = 107, - pages = {1848--1858} -} - -@TECHREPORT{nielsenExpectations, - author = {Nielsen, Hannah}, - title = {Essays on Expectations}, - institution = {Aachen}, - year = 2003 -} -@ARTICLE{nv:risk, - author = {Nielsen, Helena~Skyt and Vissing-Jorgensen, Annette}, - title = {The Impact of Labor Income Risk on Educational - Choices: Estimates and Implied Risk Aversion}, - journal = {Manuscript}, - year = 2006 -} - -@ARTICLE{normanRuleOfLaw, - author = {Norman, Catherine S.}, - title = {Rule of Law And The Resource Curse: Abundance Versus - Intensity}, - journal = {Environmental and Resource Economics}, - year = 2009, - volume = 43, - pages = {183--207}, - number = 2, - note = {\\ - \url{http://www.springerlink.com/index/573331512G41V538.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/normanRuleOfLaw.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/normanRuleOfLaw.pdf:PDF}, - publisher = {Springer}, - url = - {http://www.springerlink.com/index/573331512G41V538.pdf} -} - -@ARTICLE{ndfMontreal, - author = {Norman, Catherine S. and DeCanio, Stephen and Fan, - Lin}, - title = {The Montreal Protocol at 20: Ongoing Opportunities - For Integration With Climate Protection}, - journal = {Global Environmental Change}, - year = 2008, - volume = 18, - pages = {330--340}, - number = 2, - note = {\\ - \url{http://www.sciencedirect.com/science/article/pii/S0959378008000198}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ndfMontreal.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ndfMontreal.pdf:PDF}, - url = - {http://www.sciencedirect.com/science/article/pii/S0959378008000198} -} - -@ARTICLE{ow05, - author = {O'Reilly, Gerard and Whelan, Karl}, - title = {Has Euro-Area Inflatin Persistence Changed over - Time?}, - journal = {Review of Economics and Statistics}, - year = 2005, - volume = 87, - pages = {709--720}, - number = 4 -} - -@ARTICLE{obstfeld:habitsdiagram, - author = {Obstfeld, Maury}, - title = {International Adjustment with Habit-Forming - Consumption: A Diagrammatic Exposition}, - journal = {Review of International Economics}, - year = 1992, - volume = 1, - pages = {32--48}, - number = 1 -} - -@ARTICLE{orIntertemporal, - author = {Obstfeld, Maurice and Rogoff, Kenneth}, - title = {The Intertemporal Approach to the Current Account}, - journal = {in Handbook of International Economics, ed. by Gene - M. Grossman and Kenneth Rogoff (North Holland, - Amsterdam)}, - year = 1995, - volume = 3, - pages = {121--139} -} - -@BOOK{oecd04, - title = {Benefits and Wages: OECD Indicators}, - publisher = {Organization for Economic Co-operation and - Development}, - year = 2004, - author = {OECD} -} - -@misc{carroll:reviewoecd, - journal = {Journal of Economic Literature}, - author = {OECD}, - year = {1997}, - note = {Book Review}, - title = {Global Capital Shortages: Real Threat or Pure Fiction?} -} - -@BOOK{okunPandQ, - title = {Prices and Quantities: A Macroeconomic Analysis}, - publisher = {Brookings Institution Press}, - year = 1981, - author = {Okun, Arthur M.} -} - -@ARTICLE{ors:investment, - author = {Oliner, Stephen, Glenn D. Rudebusch and Sichel, - Daniel}, - title = {New and Old Models of Business Investment: A - Comparison of Forecasting Performance}, - journal = {Journal of Money, Credit, and Banking}, - year = 1995, - pages = {806--826}, - month = {August} -} - -@ARTICLE{ov97, - author = {Orazem, Peter F. and Vodopivec, Milan}, - title = {Value of Human Capital in transition to market: - Evidence from {S}lovenia}, - journal = {European Economic Review}, - year = 1997, - volume = 41, - pages = {893--903}, - number = {3--5} -} - -@ARTICLE{orphanides:realtimeaer, - author = {Orphanides, Athanasios}, - title = {Monetary Policy Rules Based on Real-Time Data}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - pages = {964--985}, - number = 4, - month = {September}, - note = {available at - http://ideas.repec.org/a/aea/aecrev/v91y2001i4p964-985.html} -} - -@ARTICLE{orphanides:rationaladdictjpe, - author = {Orphanides, Athanasios and Zervos, David}, - title = {Rational Addiction with Learning and Regret}, - journal = {Journal of Political Economy}, - year = 1995, - volume = 103, - pages = {739--58}, - number = 4, - month = {August}, - note = {available at - http://ideas.repec.org/a/ucp/jpolec/v103y1995i4p739-58.html} -} - -@ARTICLE{OSY:2002, - author = {Ostergaard, Charlotte and Sorensen, Bent E. and - Yosha, Oved}, - title = {Consumption and Aggregate Constraints: Evidence from - U.S. States And Canadian Provinces}, - journal = {Journal of Polictical Economics}, - year = 2002, - volume = 110, - pages = {634--645}, - number = 3 -} - -@ARTICLE{ol92, - author = {{Osterwald--Lenum}, Michael}, - title = {A Note with Quantiles of the Asymptotic Distribution - of the Maximum Likelihood Cointegration Rank Test - Statistics}, - journal = {Oxford Bulletin of Economics and Statistics}, - year = 1992, - volume = 54, - pages = {461--472}, - number = 3 -} - -@TECHREPORT{Otsuka:2003, - author = {Ostuka, Misuzu}, - title = {Household Portfolio Choice with Illiquid Assets}, - institution = {Johns Hopkins University}, - year = 2003 -} - -@ARTICLE{oswald:happiness, - author = {Oswald, Andrew J.}, - title = {Happiness and Economic Performance}, - journal = {Economic Journal}, - year = 1997, - volume = 107, - pages = {1815--1831} -} - -@MISC{Otoo:1999, - author = {Otoo, Maria W.}, - title = {Consumer Sentiment and the Stock Market}, - howpublished = {Federal Reserve Board Finance and Discussion Series - working paper no. 1999-60}, - year = 1999, - abstract = {This paper examines the relationship between - movements in consumer sentiment and stock prices. At - the aggregate level, the two share a strong - contemporaneous relationship: an increase in equity - values boosts sentiment. However, I examined the - nature of the relationship between the two. Does an - increase in stock prices raise aggregate sentiment - because people are wealthier or because they use - movements in stock prices as an indicator of future - economic activity and potential labor income growth? - Using individual observations from the Michigan - survey I found results more consistent with the view - that people use movements in equity prices as a - leading indicator. Although the findings do not rule - out a traditional wealth effect, they do raise some - questions about the causal role of wealth in - aggregate spending.} -} - -@ARTICLE{otoo:consumersentiment, - author = {Otoo, Maria Ward}, - title = {Consumer Sentiment and the Stock Market}, - journal = {Board of Governors of the Federal Reserve}, - year = 1999 -} - -@ARTICLE{overland:habits, - author = {Overland, Jody}, - title = {Optimal Saving with Stochastic Income and Habit - Formation}, - journal = {Manuscript, Brown University}, - year = 1997 -} - -@ARTICLE{padulaApprox, - author = {Padula, Mario}, - title = {An Approximate Consumption Function}, - journal = {Presentation at Computing in Economics and Finance - Meetings, Cyprus, 2006} -} - -@ARTICLE{pag84, - author = {Pagan, Adrian}, - title = {Econometric Issues in the Analysis of Regressions - with Generated Regressors}, - journal = {International Economic Review}, - year = 1984, - volume = 25, - pages = {221--247}, - number = 1 -} - -@ARTICLE{palumbo:medical, - author = {Palumbo, Michael G}, - title = {Uncertain Medical Expenses and Precautionary Saving - Near the End of the Life Cycle}, - journal = {Review of Economic Studies}, - year = 1999, - volume = 66, - pages = {395--421}, - number = 2, - note = {Available at - {\url{http://ideas.repec.org/a/bla/restud/v66y1999i2p395-421.html}}} -} - -@ARTICLE{palumbo:medicalWP, - author = {Palumbo, Michael G.}, - title = {Precautionary Saving and Out-Of-Pocket Medical - Expenditures Near the End of the Life Cycle}, - journal = {Manuscript, University of Houston}, - year = 1997 -} - -@ARTICLE{parente&prescott:technology, - author = {{Parente, Steven L.} and {Edward C. Prescott}}, - title = {Barriers to Technology Adoption and Development}, - journal = {Journal of Political Economy}, - year = 1994, - volume = 102, - pages = {298--321}, - number = 2 -} - -@ARTICLE{parkLiqConstrContinuous, - author = {Park, Myung-Ho}, - title = {An Analytical Solution to the Inverse Consumption - Function with Liquidity Constraints}, - journal = {Economics Letters}, - year = 2006, - volume = 92, - pages = {389--394} -} - -@comment{parkerSocSec:socialsecurityOld} -@ARTICLE{parkerSocSec, - author = {Parker, Jonathan A.}, - title = {The Reaction of Household Consumption to Predictable - Changes in Social Security Taxes}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {959--973}, - number = 4, - month = {September} -} - -@ARTICLE{ParkerRiskReturn, - author = {Parker, Jonathan A.}, - title = {Consumption Risk and Expected Stock Returns}, - journal = {American Economic Review Papers and Proceedings}, - year = 2003, - volume = 93, - number = 2, - month = {May}, - note = {Available at { - \url{http://ideas.repec.org/p/nbr/nberwo/9548.html}}} -} - -@INCOLLECTION{Parker:Spendthrift, - author = {Parker, Jonathan A.}, - title = {Spendthrift in America? On Two Decades of Decline in - the U.S.\ Saving Rate}, - booktitle = {NBER Macroeconomics Annual 1999, Volume 14}, - publisher = {National Bureau of Economic Research, Inc}, - year = 2000, - series = {NBER Chapters}, - pages = {317--387}, - month = {July}, - bdsk-url-1 = {http://ideas.repec.org/h/nbr/nberch/11050.html}, - url = {http://ideas.repec.org/h/nbr/nberch/11050.html} -} - -@INCOLLECTION{parker_nberma_spendthrift, - author = {Parker, Jonathan A.}, - title = {Spendthrift in America? On Two Decades of Decline in - the U.S.\ Saving Rate}, - booktitle = {NBER Macroeconomics Annual 1999, Volume 14}, - publisher = {National Bureau of Economic Research, Inc}, - year = 2000, - series = {NBER Chapters}, - pages = {317--387}, - month = {July}, - bdsk-url-1 = {http://ideas.repec.org/h/nbr/nberch/11050.html}, - url = {http://ideas.repec.org/h/nbr/nberch/11050.html} -} - -@ARTICLE{parkerSocSecReEst, - author = {Parker, Jonathan A.}, - title = {The Consumption Function Re-Estimated}, - journal = {Mimeo, Princeton University}, - year = 1999 -} - -@ARTICLE{pjLuxuries, - author = {Parker, Jonathan A and Julliard, Christian}, - title = {Consumption Risk And The Cross Section Of Expected - Returns}, - journal = {Journal of Political Economy}, - year = 2005, - volume = 113, - pages = {185--222}, - number = 1, - publisher = {JSTOR} -} - -@ARTICLE{ParkerPrestonPrecaution, - author = {Parker, Jonathan A. and Preston, Bruce}, - title = {Precautionary Saving and Consumption Fluctuations}, - journal = {American Economic Review}, - year = 2005, - volume = 95, - pages = {1119--1143}, - number = 4, - month = {September} -} - -% Crossref = "NBERcarr11-1", -@article{ParkerSoulelesCarroll-0-NBER, - title = "The Benefits of Panel Data in Consumer Expenditure - Surveys", - author = "Jonathan A. Parker and Nicholas S. Souleles and - Christopher D. Carroll", - year = 2014, - month = "July", - journal = {NBER Book Chapter Drafts Series}, - URL = "http://www.nber.org/chapters/c12674", - note = {At \url{http://www.nber.org/chapters/c12674}} -} - -% type = "Book", -@book{NBERcarr11-1, - title = "Improving the Measurement of Consumer Expenditures", - editor = "Christopher Carroll and Thomas Crossley and John - Sabelhaus", - institution = "National Bureau of Economic Research", - publisher = "University of Chicago Press", - year = {2015}, - volume = 74, - series = {NBER-CRIW Series in Income and Wealth}, - URL = "http://www.nber.org/books/carr11-1", -} - -@ARTICLE{jps:rebatesWP, - author = {Parker, Jonathan A. and Souleles, Nicholas S. and - Johnson, David S.}, - title = {Consumption and Tax Cuts: Evidence from the - Randomized Income Tax Rebates of 2001}, - journal = {Manuscript, The Wharton School}, - year = 2003 -} - -@TECHREPORT{PSJM2008, - author = {Parker, Jonathan A. and Souleles, Nicholas S and - Johnson, David S. and McClelland, Robert}, - title = {Consumer Spending and the Economic Stimulus Payments - of 2008}, - institution = {National Bureau of Economic Research, Inc}, - year = 2011, - type = {NBER Working Papers}, - number = 16684 -} - -@TECHREPORT{pvWhoBears, - author = {Parker, Jonathan A. and Vissing-Jorgensen, Annette}, - title = {Who Bears Aggregate Fluctuations and How?}, - institution = {National Bureau of Economic Research, Inc}, - year = 2009, - type = {NBER Working Papers}, - number = 14665, - month = Jan, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/14665.html}, - url = {http://ideas.repec.org/p/nbr/nberwo/14665.html} -} - -@ARTICLE{pbStim, - author = {Parker, Jonathan and Broda, Christian}, - title = {The Economic Stimulus Payments of 2008 and the - Aggregate Demand for Consumption}, - journal = {Manuscript, Northwestern University}, - year = {2011} -} - -@BOOK{paulos:innumeracy, - title = {Innumeracy: Mathematical Illiteracy and Its - Consequences}, - publisher = {Vintage Books}, - year = 1990, - author = {Paulos, John Allen}, - address = {New York} -} - -@ARTICLE{paxson:sandg, - author = {Paxson, Christina H.}, - title = {Saving and Growth: Evidence from Micro Data}, - journal = {European Economic Review}, - year = 1995, - volume = 40, - pages = {255--88}, - month = {February} -} - -@ARTICLE{Pedroni2004, - author = {Pedroni, Peter}, - title = {Panel Cointegration: Asymptotic and Finite Sample - Properties of Pooled Time Series Tests with an - Application to the PPP Hypothesis}, - journal = {Econometric Theory}, - year = 2004, - volume = 20, - pages = {597--625} -} - -@ARTICLE{peek:saving, - author = {Peek, Joe}, - title = {Capital Gains and Personal Saving Behavior}, - journal = {Journal of Money, Credit, and Banking}, - year = 1983, - volume = 15, - pages = {1--23} -} - -@Article{pemberton:failure, - Title = {The Empircial Failure of the Life Cycle Model with - Perfect Capital Markets}, - Author = {Pemberton, James}, - Journal = {Oxford Economic Papers}, - Year = 1997, - Note = {Available at - {\url{http://www.jstor.org/stable/2663734}}}, - Number = 1, - Pages = {129--151}, - Volume = 49, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/2663734} -} - -@ARTICLE{pendakur:inequality, - author = {Pendakur, Krishna}, - title = {Taking Prices Seriously in the Measurement of - Inequality}, - journal = {Journal of Public Economics}, - volume = 86, - pages = {47--69}, - number = 1 -} - -@ARTICLE{phelps69, - author = {Phelps, Edmund S.}, - title = {The New Microeconomics in Inflation and Employment - Theory}, - journal = {American Economic Review}, - year = 1969, - volume = 59, - pages = {147--160}, - number = 2 -} - -@ARTICLE{phelps:golden, - author = {Phelps, Edmund S.}, - title = {The Golden Rule of Accumulation}, - journal = {American Economic Review}, - year = 1961, - pages = {638--642}, - month = {September}, - note = {Available at { - \url{http://teaching.ust.hk/~econ343/PAPERS/Edmund - Phelps-The Golden Rule of Accumulation- A fable for - Growth Men.pdf}}} -} - -@ARTICLE{phelpsRisk, - author = {Phelps, Edward S.}, - title = {The Accumulation of Risky Capital: A Sequential - Utility Analysis}, - journal = {Econometrica}, - year = 1960, - volume = 30, - pages = {729--743}, - number = 4 -} - -@ARTICLE{po90, - author = {Phillips, Peter C. B. and Ouliaris, Sam}, - title = {Asymptotic Properties of Residual Based Tests for - Cointegration}, - journal = {Econometrica}, - year = 1990, - volume = 58, - pages = {165--193}, - number = 1 -} - -@ARTICLE{pst07, - author = {Monika Piazessi and Martin Schneider and Selale - Tuzel}, - title = {Housing, Consumption and Asset Pricing}, - journal = {Journal of Financial Economics}, - year = 2007, - volume = 83, - pages = {531--569} -} - -@ARTICLE{pichette&tremblay:wealtheffects, - author = {Pichette, Lise and Tremblay, Dominique}, - title = {Are Wealth Effects Important for Canada?}, - journal = {Bank of Canada Working Paper 30}, - year = 2003 -} - -@TECHREPORT{pt03, - author = {Pichette, Lise and Tremblay, Dominique}, - title = {Are Wealth Effects Important for Canada?}, - institution = {Bank of Canada}, - year = 2003, - type = {working paper}, - number = 30 -} - -@ARTICLE{piergiorgio:stockmarket, - author = {Piergiorgio, Alessandri}, - title = {Aggregate Consumption and the Stock Market: A New - Assessment of the Equity Wealth Effect}, - journal = {Manuscript, University of London}, - year = 2003 -} - -@TECHREPORT{pl03, - author = {Piger, Jeremy and Levin, Andrew}, - title = {Is Inflation Persistence Intrinsic in Industrial - Economies?}, - institution = {Federal Reserve Bank of St. Louis}, - year = 2003, - type = {Federal Reserve Bank of St. Louis working paper.}, - number = 23 -} - -@ARTICLE{pigou:utility, - author = {Pigou, A. C.}, - title = {Some Remarks on Utility}, - journal = {Economic Journal}, - year = 1903, - pages = {58--68} -} - -@BOOK{pinker:mind, - title = {How the Mind Works}, - publisher = {W.W. Norton And Company}, - year = 1997, - author = {Pinker, Stephen} -} - -@ARTICLE{pischkeMicroMacro, - author = {Pischke, J{\"o}rn-Steffen}, - title = {Individual Income, Incomplete Information, and - Aggregate Consumption}, - journal = {Econometrica}, - year = 1995, - volume = 63, - pages = {805--40}, - number = 4, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/pischkeMicroMacro.pdf}, -} - -@INPROCEEDINGS{ppsDistribution, - author = {Pistaferri, Luigi and Saporta-Eksten, Itay}, - title = {Changes in the Income Distribution and Aggregate - Consumption}, - booktitle = {Federal Reserve Board meeting}, - year = 2012 -} - -@ARTICLE{pr07, - author = {Pivetta, Frederick and Reis, Ricardo}, - title = {The persistence of inflation in the United States}, - journal = {Journal of Economic Dynamics and Control}, - year = 2007, - volume = 34, - pages = {1326--1358}, - number = 1 -} - -@ARTICLE{ploner:wealtheffects, - author = {Ploner, Matteo}, - title = {The Financial Markets and Wealth Effects on - Consumption}, - journal = {Universita Degli Di Trento Discussion Paper 6}, - year = 2003 -} - -@ARTICLE{polbornCalibration, - author = {Polborn, Mattias K.}, - title = {Calibrating The World And The World Of Calibration}, - journal = {Manuscript, University of Western Ontario}, - year = 2001, - note = - {\url{http://publish.uwo.ca/~mpolborn/calibration.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/polbornCalibration.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/polbornCalibration.pdf:PDF}, - url = {http://publish.uwo.ca/~mpolborn/calibration.pdf} -} - -@ARTICLE{pollack:tastes, - author = {Pollack, Robert A.}, - title = {Endogenous Tastes in Demand and Welfare Analysis}, - journal = {American Economic Review}, - year = 1978, - volume = 68, - pages = {374--79} -} - -@BOOK{Porter:1990, - title = {The Competitive Advantage of Nations}, - publisher = {New York: Free Press}, - year = 1990, - author = {Porter, Michael E.} -} - -@INCOLLECTION{posen:cred2, - author = {Posen, Adam S.}, - title = {Declarations Are Not Enough: Financial Sector - Sources of Central Bank Independence}, - booktitle = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 1995, - editor = {Bernanke, Ben S. and Rotemberg, Julio J.}, - pages = {258--74}, - address = {Cambridge, MA} -} - -@ARTICLE{posen:cred, - author = {Posen, Adam S.}, - title = {Central Bank Independence and Disinflationary - Credibility: A Missing Link?}, - journal = {Oxford Economic Papers}, - year = 1998, - volume = 50, - pages = {335--59}, - number = 3 -} - -@ARTICLE{posen:credold, - author = {Posen, Adam S.}, - title = {Central Bank Independence and Disinflationary - Credibility: A Missing Link?}, - journal = {Federal Reserve Bank of New York Staff Reports}, - year = 1995, - number = 1 -} - -@INCOLLECTION{poterba:taxportfolios, - author = {Poterba, James M.}, - title = {Taxation and Portfolio Structure: Issues and - Implications}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, - Tullio} -} - -@ARTICLE{Poterba:2000, - author = {Poterba, James M.}, - title = {Stock Market Wealth and Consumption}, - journal = {Journal of Economic Perspectives}, - year = 2000, - volume = 14, - pages = {99--118}, - number = 2, - abstract = {This paper explores the link between changes in the - aggregate value of corporate stock and changes in - consumer spending. It presents data on the - distribution of corporate stock ownership based on - the 1998 Survey of Consumer Finances. It also uses - time-series evidence on the comovement of stock - market wealth and various categories of consumer - spending to calibrate {"}the wealth effect.{"} It - concludes that in the year after a change in stock - market values, consumer spending is likely to rise - by between one and two cents for each dollar - increase in the value of corporate stock.} -} - -@misc{carroll:reviewpoterba, - journal = {Journal of Economic Literature}, - author = {Poterba, James M.}, - year = {1996}, - volume = {34}, - number = {4}, - note = {. Book Review}, - title = {International Comparisons of Household Saving} -} - -@ARTICLE{poterba:excise, - author = {Poterba, James M.}, - title = {Lifetime incidence and the distributional burden of - excise taxes}, - journal = {American Economic Review}, - year = 1989, - volume = 79, - pages = {325--330} -} - -@ARTICLE{poterba&samwick:stockmarket, - author = {Poterba, James M. and Samwick, Andrew A.}, - title = {Stock Ownership Patterns, Stock Market Fluctuations, - and Consumption}, - journal = {Brookings Paper on Economic Activity}, - year = 1995, - volume = 2, - pages = {295--372} -} - -@INCOLLECTION{powell, - author = {Powell, James L.}, - title = {Estimation of Semiparametric Models}, - booktitle = {Handbook of Econometrics}, - publisher = {Elsevier}, - year = 1994, - volume = 4, - pages = {2443--2521} -} - -@ARTICLE{prs:brookings, - author = {Prasad, Eswar and Rajan, Raghuram and Subramanian, - Arvind}, - title = {Foreign Capital and Economic Growth}, - journal = {Brookings Papers on Economic Activity}, - year = 2007, - pages = {153--230} -} - -@ARTICLE{pratt:smallandlarge, - author = {Pratt, John W.}, - title = {Risk Aversion in the Small and in the Large}, - journal = {Econometrica}, - year = 1964, - volume = 32, - pages = {122--136} -} - -@ARTICLE{quadrini:entrepreneurship, - author = {Quadrini, Vincenzo}, - title = {Entrepreneurship, Saving, and Social Mobility}, - journal = {Review of Economic Dynamics}, - year = 2000, - volume = 3, - pages = {1--40}, - number = 1 -} - -@ARTICLE{quadrini:wealth, - author = {Quadrini, Vincenzo}, - title = {The Importance of Entrepreneurship for Wealth - Concentration and Mobility}, - journal = {The Review of Income and Wealth}, - year = 1999, - volume = 45, - pages = {1--20} -} - -@ARTICLE{quadrini&riosrull:wealth, - author = {Quadrini, Vincenzo and R{\'}{i}os-Rull, - Jos{\'}{e}-V{\'}{i}ctor}, - title = {Models of the Distribution of Wealth}, - journal = {Manuscript, University of Pennsylvania}, - year = 1997 -} - -@ARTICLE{quah:identification, - author = {Quah, Danny}, - title = {The Relative Importance of Permanent and Transitory - Components: Identification and Some Theoretical - Bounds}, - journal = {Econometrica}, - year = 1992, - volume = 60, - pages = {107--18}, - number = 1 -} - -@ARTICLE{quah:smooth, - author = {Quah, Danny}, - title = {Permanent and Transitory Movements in Labor Income: - An Explanation for {``}Excess Smoothness{''} in - Consumption}, - journal = {Journal of Political Economy}, - year = 1990, - volume = 98, - pages = {449--75}, - number = 3 -} - -@ARTICLE{rabin:psych, - author = {Rabin, Matthew}, - title = {Psychology and Economics}, - journal = {Journal of Economic Literature}, - year = 1998, - volume = {XXXVI}, - pages = {11--46}, - month = {March} -} - -@ARTICLE{rbm:lossaversion, - author = {Rabin, Matthew and Bowman, David and Minehart, - Deborah}, - title = {Loss Aversion in a Consumption-Savings Model}, - journal = {Journal of Economic Behavior and Organization}, - year = 1999, - volume = 38, - pages = {155--178}, - number = 2, - month = {February} -} - -@ARTICLE{odonoghue&rabin:noworlater, - author = {Rabin, Matthew and O'Donoghue, Ted}, - title = {Doing It Now or Later}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {103--24}, - number = 1 -} - -@ARTICLE{rameyFrancisLeisure, - author = {Ramey, Valerie A. and Francis, Neville}, - title = {A Century of Work and Leisure}, - journal = {NBER Working Paper Number 12264}, - year = 2006 -} - -@UNPUBLISHED{Ravina:2005, - author = {Ravina, Enrichetta}, - title = {Habit Persistence and Keeping Up with the Joneses: - Evidence from Micro Data}, - note = {Working Paper}, - month = {November}, - year = 2005 -} - -@ARTICLE{rebelo:long, - author = {Rebelo, Sergio T.}, - title = {Long-Run Policy Analysis and Long-Run Growth}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {500--521}, - number = 3, - month = {June} -} - - -@ARTICLE{reisPortugal, - author = {Reis, Ricardo}, - title = {The Portuguese Slump-Crash and the Euro-Crisis}, - journal = {Brookings Papers on Economic Activity}, - year = 2013 -} - -@TECHREPORT{rei04, - author = {Reis, Ricardo}, - title = {Inattentive Consumers}, - institution = {Princeton University}, - year = 2004, - type = {mimeo} -} - -@ARTICLE{reiter:backward, - author = {Reiter, Michael}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty by Backward Induction}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {28--35}, - number = 1, - month = {January} -} - -@ARTICLE{reiter08, - author = {Reiter, Michael}, - title = {Solving Heterogeneous-Agent Models by Backward - Induction}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{reiter06, - author = {Reiter, Michael}, - title = {Solving Heterogeneous-Agent Models by Projection and - Perturbation}, - journal = {Manuscript}, - year = 2006 -} - -@ARTICLE{reiter:recursive, - author = {Reiter, Michael}, - title = {Recursive Computation of Heterogeneous Agent Models}, - journal = {Paper Prepared for SITE Conference, Summer 2004, - Stanford University}, - year = 2004 -} - -@ARTICLE{reiterRich, - author = {Reiter, Michael}, - title = {Do the rich save too much? How to explain the top - tail of the wealth distribution}, - journal = {manuscript, Universitat Pompeu Fabra}, - year = 2004, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/reiterRich.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/reiterRich.pdf:PDF} -} - -@ARTICLE{csxanth3, - author = {Reyes-Morales, Sally E.}, - title = {Characteristics of Nonresponders in the Consumer - Expenditure Quarterly Interview Survey}, - journal = {Consumer Expenditure Survey Anthology}, - year = 2005, - pages = {18--23}, - note = - {\url{http://www.bls.gov/cex/anthology05/csxanth3.pdf}}, - file = {csxanth3.pdf:csxanth3.pdf:PDF}, - url = {http://www.bls.gov/cex/anthology05/csxanth3.pdf} -} - -@ARTICLE{csxanth4, - author = {Reyes-Morales, Sally E.}, - title = {Characteristics of Complete and Intermittent - Responders in the Consumer Expenditure Quarterly - Interview Survey}, - journal = {Consumer Expenditure Survey Anthology}, - year = 2003, - pages = {25--29}, - note = {\url{http://www.bls.gov/cex/anthology/csxanth4.pdf}}, - file = {csxanth4.pdf:csxanth4.pdf:PDF}, - url = {http://www.bls.gov/cex/anthology/csxanth4.pdf} -} - -@ARTICLE{reitzDisasters, - author = {Rietz, Thomas A.}, - title = {The Equity Risk Premium: A Solution}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 22, - pages = {117--131}, - number = 1 -} - -@ARTICLE{rrUnbounded, - author = {Rinc{\'o}n-Zapatero, Juan Pablo and - Rodr{\i}guez-Palmero, Carlos}, - title = {Existence and Uniqueness of Solutions to the Bellman - Equation in the Unbounded Case}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {pp.1519--1555}, - number = 5, - abstract = {We study the problem of the existence and uniqueness - of solutions to the Bellman equation in the presence - of unbounded returns. We introduce a new approach - based both on consideration of a metric on the space - of all continuous functions over the state space, - and on the application of some metric fixed point - theorems. With appropriate conditions we prove - uniqueness of solutions with respect to the whole - space of continuous functions. Furthermore, the - paper provides new sufficient conditions for the - existence of solutions that can be applied to fairly - general models. It is also proven that the fixed - point coincides with the value function and that it - can be approached by successive iterations of the - Bellman operator.}, - copyright = {Copyright © 2003 The Econometric Society}, - file = - {ByCiteKey/rrUnbounded.pdf:ByCiteKey/rrUnbounded.pdf:PDF}, - issn = 00129682, - jstor_articletype ={research-article}, - jstor_formatteddate ={Sep., 2003}, - language = {English}, - publisher = {The Econometric Society}, - url = {http://www.jstor.org/stable/1555510} -} - -@ARTICLE{robertsStickyInfl, - author = {Roberts, John M.}, - title = {Is Inflation Sticky?}, - journal = {Journal of Monetary Economics}, - year = 1997, - pages = {173--196}, - number = 2 -} - -@ARTICLE{robertsQJE:inflexp, - author = {Roberts, John M.}, - title = {Inflation Expectations and the Transmission of - Monetary Policy}, - journal = {Federal Reserve Board FEDS working paper Number - 1998-43}, - year = 1998 -} - -@ARTICLE{roberts:phillips, - author = {Roberts, John M.}, - title = {New Keynesian Economics and the Phillips Curve}, - journal = {Journal of Money, Credit, and Banking}, - year = 1995, - volume = 27, - pages = {975--984}, - number = 4 -} - -@BOOK{robinson:philosophy, - title = {Economic Philosophy}, - publisher = {Aldine}, - year = 1962, - author = {Robinson, Joan}, - address = {Chicago} -} - -@ARTICLE{rodrikSavTransitions, - author = {Rodrik, Dani}, - title = {Saving Transitions}, - journal = {The World Bank Economic Review}, - year = 2000, - volume = 14, - pages = {481--507}, - number = 3, - publisher = {World Bank} -} - -@ARTICLE{rodrik:transitions, - author = {Rodrik, Dani}, - title = {Saving Transitions}, - journal = {Manuscript, Harvard University}, - year = 1999 -} - -@ARTICLE{romerFiscal, - author = {Romer, Christina D.}, - title = {What Do We Know about the Effects of Fiscal Policy? - Separating Evidence from Ideology}, - journal = {Speech at Hamilton College, November}, - year = 2011 -} - -@BOOK{romer:text, - title = {Advanced Macroeconomics}, - publisher = {McGraw-Hill/Irwin}, - year = 2011, - author = {Romer, David}, - edition = {Fourth} -} - -@INCOLLECTION{romer:capform, - author = {Romer, Paul M.}, - title = {Capital Accumulation in the Theory of Long Run - Growth}, - booktitle = {Modern Business Cycle Theory}, - publisher = {Harvard University Press}, - year = 1989, - editor = {Barro, Robert J.}, - address = {Cambridge, Massachusetts} -} - -@ARTICLE{Romer:1986, - author = {Romer, Paul M}, - title = {Increasing Returns and Long-Run Growth}, - journal = {Journal of Political Economy}, - year = 1986, - volume = 94, - pages = {1002--37}, - number = 5, - month = {October} -} - -@ARTICLE{romer:growth, - author = {Romer, Paul M.}, - title = {Increasing Returns and Long Run Growth}, - journal = {Journal of Political Economy}, - year = 1986, - volume = 94, - pages = {1002--37}, - month = {October} -} - -@INCOLLECTION{rotemberg&woodford:macroannual, - author = {Rotemberg, Julio J. and Woodford, Michael}, - title = {An Optimization-Based Econometric Model for the - Evaluation of Monetary Policy}, - booktitle = {NBER Macroeconomics Annual, 1997}, - publisher = {MIT Press}, - year = 1997, - editor = {Bernanke, Benjamin S. and Rotemberg, Julio J.}, - volume = 12, - pages = {297--346}, - address = {Cambridge, MA} -} - -@ARTICLE{rotembergWoodfordPred, - author = {Rotemberg, Julio J. and Woodford, Michael}, - title = {Real Business Cycle Models and the Forecastable - Movements in Output, Hours and Consumption}, - journal = {American Economic Review}, - year = 1996, - volume = 86, - pages = {71--89}, - number = 1, - month = {January} -} - -@ARTICLE{roth&erev:learning, - author = {Roth, Alvin and Erev, Ido}, - title = {Learning in Extensive-Form Games: Experimental Data - and Simple Dynamic Models in the Intermediate Term}, - journal = {Games and Economic Behavior}, - year = 1995, - volume = 8, - pages = {164--212} -} - -@ARTICLE{Rudd2006, - author = {Jeremy Rudd and Karl Whelan}, - title = {A Note on the Cointegration of Consumption, Income, - and Wealth}, - journal = {Review of Economic Dynamics}, - year = 2006, - volume = 9, - pages = {34--51} -} - -@ARTICLE{rwCWRatio, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Empirical Proxies for the Consumption-Wealth Ratio}, - journal = {Review of Economic Dynamics}, - year = 2006, - volume = 9, - pages = {34--51}, - month = {January} -} - -@ARTICLE{rwAER06, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Can Rational Expectations Sticky-Price Models - Explain Inflation Dynamics?}, - journal = {American Economic Review}, - year = 2006, - volume = 96, - pages = {303--320}, - number = 1 -} - -@TECHREPORT{rw03, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Can Rational Expectations Sticky-Price Models - Explain Inflation Dynamics?}, - institution = {Federal Reserve Bank of Boston}, - year = 2005, - type = {mimeo} -} - -@TECHREPORT{rw05, - author = {Jeremy Rudd and Karl Whelan}, - title = {Modelling Inflation Dynamics: A Critical Survey of - Recent Research}, - institution = {Federal Reserve Bank of Boston}, - year = 2005, - type = {mimeo} -} - -@TECHREPORT{rw02, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Empirical Proxies for the Consumption--Wealth Ratio}, - institution = {Federal Reserve Board}, - year = 2002, - type = {FEDS working paper}, - number = 38 -} - -@BOOK{runciman:deprivation, - title = {Relative Deprivation and Social Justice: A Study of - Attitudes to Social Inequality in Twentieth-Century - England}, - publisher = {University of California Press}, - year = 1966, - author = {Runciman, W. G.}, - address = {Berkeley} -} - -@ARTICLE{runkle:PSID, - author = {Runkle, David E.}, - title = {Liquidity Constraints and the Permanent Income - Hypothesis: Evidence from Panel Data}, - journal = {Journal of Monetary Economics}, - year = 1991, - volume = 27, - pages = {39--98}, - number = 1 -} - -@ARTICLE{ryder&heal:optgrow, - author = {{Ryder, Harl} and {Geoffrey Heal}}, - title = {Optimal Growth with Intertemporally Dependent - Preferences}, - journal = {Review of Economic Studies}, - year = 1973, - volume = 40, - pages = {1--31}, - month = {January} -} - -@ARTICLE{sabelhaus&groen:measurement, - author = {Sabelhaus, John and Groen, Jeff}, - title = {Can Permanent-Income Theory Explain Cross-Section - Consumption Patterns?}, - journal = {Manuscript, Congressional Budget Office}, - year = 1998 -} - -@ARTICLE{sjasgghByIncome, - author = {John Sabelhaus and David Johnson and Stephen Ash and - David Swanson and Thesia Garner and John Greenlees - and Steve Henderson}, - title = {Is the Consumer Expenditure Survey Representative by - Income?}, - journal = {CRIW, University of Chicago Press}, - year = 2012, - month = {March 13} -} - -@article{szWIneq_MS, - author = {Emmanuel Saez and Gabriel Zucman}, - title = {Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data}, - year = {forthcoming}, -} - -@article{szWIneq, - title = "Wealth Inequality in the United States Since 1913: Evidence from Capitalized Income Tax Data", - author = "Emmanuel Saez and Gabriel Zucman", - institution = "National Bureau of Economic Research", - journal = {Quarterly Journal of Economics}, - year = "2016", - month = "May", - doi = {10.1093/qje/qjw004.}, - URL = "http://www.nber.org/papers/w20625", - abstract = {This paper combines income tax returns with Flow of Funds data to estimate the distribution of household wealth in the United States since 1913. We estimate wealth by capitalizing the incomes reported by individual taxpayers, accounting for assets that do not generate taxable income. We successfully test our capitalization method in three micro datasets where we can observe both income and wealth: the Survey of Consumer Finance, linked estate and income tax returns, and foundations' tax records. Wealth concentration has followed a U-shaped evolution over the last 100 years: It was high in the beginning of the twentieth century, fell from 1929 to 1978, and has continuously increased since then. The rise of wealth inequality is almost entirely due to the rise of the top 0.1\% wealth share, from 7\% in 1979 to 22\% in 2012--a level almost as high as in 1929. The bottom 90\% wealth share first increased up to the mid-1980s and then steadily declined. The increase in wealth concentration is due to the surge of top incomes combined with an increase in saving rate inequality. Top wealth-holders are younger today than in the 1960s and earn a higher fraction of total labor income in the economy. We explain how our findings can be reconciled with Survey of Consumer Finances and estate tax data.}, -} - -@techreport{NBERw20625, - title = "Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data", - author = "Emmanuel Saez and Gabriel Zucman", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "20625", - year = "2014", - month = "October", - doi = {10.3386/w20625}, - URL = "http://www.nber.org/papers/w20625", - abstract = {This paper combines income tax returns with Flow of Funds data to estimate the distribution of household wealth in the United States since 1913. We estimate wealth by capitalizing the incomes reported by individual taxpayers, accounting for assets that do not generate taxable income. We successfully test our capitalization method in three micro datasets where we can observe both income and wealth: the Survey of Consumer Finance, linked estate and income tax returns, and foundations' tax records. Wealth concentration has followed a U-shaped evolution over the last 100 years: It was high in the beginning of the twentieth century, fell from 1929 to 1978, and has continuously increased since then. The rise of wealth inequality is almost entirely due to the rise of the top 0.1\% wealth share, from 7\% in 1979 to 22\% in 2012--a level almost as high as in 1929. The bottom 90\% wealth share first increased up to the mid-1980s and then steadily declined. The increase in wealth concentration is due to the surge of top incomes combined with an increase in saving rate inequality. Top wealth-holders are younger today than in the 1960s and earn a higher fraction of total labor income in the economy. We explain how our findings can be reconciled with Survey of Consumer Finances and estate tax data.}, -} - -@techreport{deNardi2015, - title = {Quantitative Models of Wealth Inequality: A Survey}, - author = {Mariacristina {De Nardi}}, - institution = {National Bureau of Economic Research}, - type = {working paper}, - series = {Working Paper Series}, - number = {21106}, - year = {2015}, - month = {April}, -} - -@TechReport{cozzi2012, - author={Marco Cozzi}, - title={Risk Aversion Heterogeneity, Risky Jobs and Wealth Inequality}, - year=2012, - month=Dec, - institution={Queen's University, Department of Economics}, - type={Working Papers}, -} - -@INPROCEEDINGS{kruegerMitmanPerri:handbookMacro, - author = {Dirk Krueger and Kurt Mitman and Fabrizio Perri}, - title = {Macroeconomics and Heterogeneity, Including Inequality}, - booktitle = {Handbook of Macroeconomics}, - year = {forthcoming}, - editor = {John Taylor and Harald Uhlig}, - publisher = {North Holland}, - owner = {Jirka}, - url={http://economics.sas.upenn.edu/~dkrueger/research/Handbook.pdf} -} - -@ARTICLE{saez02, - author = {Saez, Emmanuel}, - title = {Optimal Income Transfer Programs: Intensive Versus - Extensive Labor Supply Responses}, - journal = {The Quarterly Journal of Economics}, - year = 2002, - volume = 117, - pages = {1039--1073}, - number = 3 -} - -@UNPUBLISHED{Safir2011, - author = {Safir, Adam}, - title = {Measurement Error and Gemini Project Overview}, - note = {CNSTAT Panel Briefing, February}, - month = {February}, - year = 2011 -} - -@ARTICLE{sag99, - author = {Saget, Catherine}, - title = {The determinants of female labour supply in - {H}ungary}, - journal = {Economics of Transition}, - year = 1999, - volume = 7, - pages = {575--591}, - number = 17 -} - -@ARTICLE{sahmRiskChange, - author = {Sahm, Claudia}, - title = {How Much Does Risk Tolerance Change?}, - journal = {Finance and Economics Discussion Series}, - year = 2007, - volume = 66, - note = - {\url{http://www.federalreserve.gov/Pubs/Feds/2007/200766/revision/200766pap.pdf}}, - abstract = {Stability of preferences is central to how - economists study behavior. This paper uses panel - data on hypothetical gambles over lifetime income in - the Health and Retirement Study to quantify changes - in risk tolerance over time and differences across - individuals. The maximum-likelihood estimation of a - correlated random effects model utilizes information - from 12,000 respondents in the 1992-2002 HRS. The - results are consistent with constant relative risk - aversion and career selection based on - preferences. While risk tolerance changes with age - and macroeconomic conditions, persistent differences - across individuals account for 73 percent of the - systematic variation.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/sahmRiskChange.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/sahmRiskChange.pdf:PDF}, - url = - {http://www.federalreserve.gov/Pubs/Feds/2007/200766/revision/200766pap.pdf} -} - -@ARTICLE{sssMail, - author = {Claudia R. Sahm and Matthew D. Shapiro and Joel - Slemrod}, - title = {Check in the Mail or More in the Paycheck: Does the - Effectiveness of Fiscal Stimulus Depend on How It Is - Delivered?}, - journal = {FEDS Working Paper No. 2010-40}, - year = 2010 -} - -@ARTICLE{Sahmetal:2008TaxRebates, - author = {Sahm, Claudia R. and Shapiro, Matthew D. and - Slemrod, Joel B.}, - title = {Household Response to the 2008 Tax Rebate: Survey - Evidence and Aggregate Implications}, - journal = {Tax Policy and the Economy}, - year = 2010, - volume = 24, - pages = {69--110} -} - -@ARTICLE{Sahm2009, - author = {Sahm, Claudia R. and Shapiro, Matthew D. and - Slemrod, Joel B.}, - title = {Household Response to the 2008 Tax Rebate: Survey - Evidence and Aggregate Implications}, - journal = {NBER Working Paper Number W15421}, - year = 2009, - month = Oct, - institution = {National Bureau of Economic Research, Inc} -} - -@ARTICLE{salaimartin:lecnotes, - author = {Sala-i-Martin, Xavier}, - title = {Lecture Notes on Economic Growth II: Five Prototype - Models of Endogenous Growth}, - journal = {NBER Working Paper Number 3564}, - year = 1990, - month = {December}, - note = {\url{http://ideas.repec.org/p/nbr/nberwo/3564.html}}, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/3564.html}, - url = {http://ideas.repec.org/p/nbr/nberwo/3564.html} -} - -@INCOLLECTION{Sala-i-Martin:1992, - author = {Sala-i-Martin, Xavier and Sachs, Jeffrey}, - title = {Fiscal Federalism and optimum currency areas: - Evidence for Europe from the United States}, - booktitle = {Establishing a central bank: Issues in Europe for - lessons from the U.S.}, - publisher = {Cambridge University Press}, - year = 1992, - editor = {adn Vittorio Grilli, Matthew Canzoneri and Masson, - Paul} -} - -@ARTICLE{samuelsonJudgment, - author = {Samuelson, Paul A.}, - title = {The Judgment of Economic Science on Rational - Portfolio Management: Indexing, Timing, and - Long-Horizon Effects}, - journal = {The Journal of Portfolio Management}, - year = 1989, - volume = 16, - pages = {4--12}, - number = 1, - publisher = {Institutional Investor Journals} -} - -@ARTICLE{samuelson:portfolio, - author = {Samuelson, Paul A.}, - title = {Lifetime Portfolio Selection by Dynamic Stochastic - Programming}, - journal = {Review of Economics and Statistics}, - year = 1969, - volume = 51, - pages = {239--46} -} - -@ARTICLE{samuelsonFallacy, - author = {Samuelson, Paul A}, - title = {Risk and Uncertainty: A Fallacy of Large Numbers}, - journal = {Scientia}, - year = 1963, - volume = 98, - pages = {108--113}, - number = {4-5} -} - -@ARTICLE{samuelson:olg, - author = {Samuelson, Paul A.}, - title = {An exact consumption loan model of interest with or - without the social contrivance of money}, - journal = {Journal of Political Economy}, - year = 1958, - volume = 66, - pages = {467--482} -} - -@ARTICLE{samuelsonI, - author = {Samuelson, Paul A.}, - title = {Interaction Between the Multiplier Analysis and the - Principle of Acceleration}, - journal = {Review of Economics and Statistics}, - year = 1939, - volume = 21, - pages = {75--78}, - number = 2 -} - -@ARTICLE{samwick:pensions, - author = {Samwick, Andrew A.}, - title = {The Limited Offset Between Pension Wealth and Other - Private Wealth: Implications of Buffer-Stock Saving}, - journal = {Manuscript, Department of Economics, Dartmouth - College}, - year = 1995 -} - -@INCOLLECTION{sandmo:opttax, - author = {Sandmo, ~A.}, - title = {The Effects of Taxation on Savings and Risk Taking}, - booktitle = {Handbook of Public Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1985, - editor = {{Alan J. Auerbach} and {Martin S. Feldstein}}, - address = {New York} -} - -@ARTICLE{sandriKFlows, - author = {Sandri, Damiano}, - title = {Growth and Capital Flows with Risky Entrepreneuship}, - journal = {IMF Working Paper No.10/37}, - year = 2010, - file = {sandriKFlows.pdf:sandriKFlows.pdf:PDF} -} - -@article{sandri:growthcapflows, - Author = {Damiano Sandri}, - Journal = {American Economic Journal: Macroeconomics}, - Title = {Growth and Capital Flows with Risky Entrepreneuship}, - Volume={6}, - Number={3}, - Pages={102-23}, - Year = {2014}, - url = {http://dx.doi.org/10.1257/mac.6.3.102}, - note = {http://llorracc.net/Papers/sandriGrowth.pdf} -} - -@ARTICLE{sandri:growthcapflows-JHU, - author = {Sandri, Damiano}, - title = {Growth and Capital Flows with Risky - Entrepreneurship}, - journal = {Manuscript, Johns Hopkins University}, - year = 2008 -} - -@ARTICLE{santaClaraValkanovPrez, - author = {Santa-Clara, Pedro and Valkanov, Rossen I.}, - title = {The Presidential Puzzle: Political Cycles and the - Stock Market}, - journal = {Journal of Finance}, - year = 2003, - volume = 58, - pages = {1841--1872}, - month = {October} -} - -@BOOK{sargentBlackBook, - title = {Macroeconomic Theory, Second Edition}, - publisher = {Academic Press}, - year = 1987, - author = {Sargent, Thomas}, - address = {Orlando, Florida} -} - -@INCOLLECTION{sargent:modinfl, - author = {Sargent, Thomas J.}, - title = {Stopping Moderate Inflations: The Methods of - Poincare and Thatcher}, - booktitle = {Inflation, Debt, and Indexation}, - publisher = {MIT Press}, - year = 1983, - editor = {Dornbusch, Rudiger and Simonsen, M.}, - pages = {54--96}, - address = {Cambridge, MA} -} - -@INCOLLECTION{sargent:biginfl, - author = {Sargent, Thomas J.}, - title = {The Ends of Four Big Inflations}, - booktitle = {Inflation: Causes and Consequences}, - publisher = {University of Chicago Press}, - year = 1982, - editor = {Hall, Robert E.}, - address = {Chicago} -} - -@BOOK{sargent:bounded, - title = {Bounded Rationality in Macroeconomics}, - publisher = {Oxford University Press}, - year = 1993, - author = {Sargent, Thomas J.}, - address = {Oxford} -} - -@BOOK{lsRecurse, - title = {Recursive Macroeconomic Theory}, - publisher = {The MIT Press}, - year = 2012, - author = {Sargent, Thomas J. and Ljunqvist, Lars}, - address = {Cambridge, MA} -} - -@ARTICLE{schectman:fluctuation, - author = {Schectman, Jack}, - title = {An Income Fluctuation Problem}, - journal = {Journal of Economic Theory}, - year = 1976, - volume = {XII}, - pages = {218--41} -} - -@ARTICLE{sen:poor, - author = {Sen, Amartya}, - title = {Poor, Relatively Speaking}, - journal = {Oxford Economic Papers}, - year = 1983, - volume = 35, - pages = {153--169} -} - -@BOOK{Sethi:Thompson:2000, - title = {Optimal Control Theory: Applications to Management - Science and Economics}, - publisher = {Kluwer Academic Publishers}, - year = 2000, - author = {Sethi, S.P. and Thompson, G.L.}, - address = {Boston} -} - -@ARTICLE{shapiro:PSID, - author = {Shapiro, Matthew D.}, - title = {The Permanent Income Hypothesis and the Real - Interest Rate: Some Evidence from Panel Data}, - journal = {Economics Letters}, - year = 1984, - volume = 14, - pages = {93--100}, - number = 1 -} - -@article{shapiroSlemrod:2008rebates, - author = {Shapiro, Matthew W. and Slemrod, Joel B.}, - journal = {American Economic Review}, - number = 2, - pages = {374--379}, - title = {Did the 2008 Tax Rebates Stimulate Spending?}, - volume = 99, - year = 2009, - note = - {\url{http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf}}, - url = - {http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf} -} - -@ARTICLE{ssBangOld, - author = {Shapiro, Matthew D. and Joel Slemrod}, - title = {Did the 2008 Tax Rebates Stimulate Spending?}, - journal = {Manuscript, University of Michigan}, - year = 2009, - note = - {\url{http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf}}, - url = - {http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf} -} - -@ARTICLE{shapiroSlemrod:AER03, - author = {Matthew D. Shapiro and Joel Slemrod}, - title = {Consumer Response to Tax Rebates}, - journal = {American Economic Review}, - year = 2003, - volume = 93, - pages = {381--396}, - number = 1 -} - -@ARTICLE{shapiro&slemrod:timing, - author = {Shapiro, Matthew D. and Slemrod, Joel B.}, - title = {Consumer Response to the Timing of Income: Evidence - from a Change in Tax Withholding}, - journal = {American Economic Review}, - year = 1995, - volume = 85, - pages = {274--283}, - number = 1, - month = {March} -} - -@ARTICLE{shea:iv, - author = {Shea, John}, - title = {Instrument Relevance in Multivariate Linear Models: - A Simple Measure}, - journal = {Review of Economics and Statistics}, - year = 1997, - volume = 49, - pages = {348--352}, - number = 2 -} - -@ARTICLE{shea:unions, - author = {Shea, John}, - title = {Union Contracts and the Life-Cycle/Permanent-Income - Hypothesis}, - journal = {American Economic Review}, - year = 1995, - volume = 85, - pages = {186--200}, - number = 1, - month = {March} -} - -@ARTICLE{ShieldsTo2005, - author = {Jennifer Shields and Nhien To}, - title = {Learning to Say No: Conditioned Underreporting in an - Expenditure Survey}, - journal = {American Association for Public OpinionResearch - - American Statistical Association, Proceedings of the - Section on Survey Research Methods}, - year = 2005, - pages = {3963--8} -} - -@MISC{shillerHousingBubble, - author = {Shiller, Robert}, - title = {Yale Professor Predicts Housing `Bubble' Will Burst}, - howpublished = {Interview with National Public Radio}, - month = {June 3}, - year = 2005 -} - -@TECHREPORT{Shiller:2004, - author = {Shiller, Robert J.}, - title = {Household Reaction to Chagnes in Housing Wealth}, - institution = {Cowles Foundation for Research in Economics, Yale - University}, - year = 2004, - note = {Discussion Paper NO. 1459} -} - -@ARTICLE{shiller:behavior, - author = {Shiller, Robert J.}, - title = {Human Behavior and the Efficiency of the Financial - System}, - journal = {Manuscript, Yale University}, - year = 1997 -} - -@BOOK{shiller:markets, - title = {Macro Markets: Creating Institutions for Managing - Society's Largest Economic Risks}, - publisher = {Oxford University Press}, - year = 1993, - author = {Shiller, Robert J.} -} - -@ARTICLE{shirvani&wilbratte:asymmetry, - author = {Shirvani, Hassan and Wilbratte, Barry}, - title = {Does Consumption Respond More Strongly to Stock - Market Declines than to Increases?}, - journal = {International Economic Review}, - year = 2000, - volume = 14, - pages = {41--49} -} - -@ARTICLE{shore:couples, - author = {Shore, Stephen H.}, - title = {The Co-Movement of Couples' Incomes}, - journal = {Manuscript, University of Pennsylvania, Wharton - School}, - year = 2006 -} - -@TECHREPORT{sw06, - author = {Shore, Stephen H. and White, Joshua S.}, - title = {External Habit Formation and the Home Bias Puzzle}, - institution = {The Wharton School, University of Pennsylvania}, - year = 2006, - type = {working paper} -} - -@ARTICLE{sibley:optimalc, - author = {Sibley, David S.}, - title = {Permanent and Transitory Income Effects in a Model - of Optimal Consumption with Wage Income Uncertainty}, - journal = {Journal of Economic Theory}, - year = 1975, - volume = 11, - pages = {68--82} -} - -@ARTICLE{SibleyPIH, - author = {Sibley, David S.}, - title = {Permanent and Transitory Effects of Optimal - Consumption with Wage Income Uncertainty}, - journal = {Journal of Economic Theory}, - year = 1975, - pages = {68--82} -} - -@ARTICLE{sichel:inventories, - author = {Sichel, Daniel S.}, - title = {Inventories and the Three Stages of the Business - Cycle}, - journal = {Journal of Business and Economic Statistics}, - year = 1994, - volume = 12, - pages = {269--277} -} - -@ARTICLE{sichel:3states, - author = {Sichel, Daniel S.}, - title = {Business Cycle Asymmetries: A Deeper Look}, - journal = {Economic Inquiry}, - year = 1993, - pages = {224--236} -} - -@MISC{silverPolls2012, - author = {Silver, Nate}, - title = {Which Polls Fared Best and Worst in the 2012 - Presidential Race?}, - month = {Nov}, - year = 2012, - note = - {\url{http://fivethirtyeight.blogs.nytimes.com/2012/11/10/which-polls-fared-best-and-worst-in-the-2012-presidential-race/}}, - day = 10, - journal = {New York Times, FiveThirtyEight Blog}, - url = - {http://fivethirtyeight.blogs.nytimes.com/2012/11/10/which-polls-fared-best-and-worst-in-the-2012-presidential-race/} -} - -@PHDTHESIS{simonivcOperators, - author = {Simoni{\v}{c}, A.}, - title = {An {Extension} of {Lomonosov's} {Techniques} to - {Non}-{Compact} {Operators}}, - school = {Dalhousie University, Department of Mathematics, - Statistics, \& Computing Science}, - year = 1994 -} - -@UNPUBLISHED{Sim91, - author = {Simoni{\v}{c}, A.}, - title = {Notes on {Subharmonic} {Functions}}, - note = {Lecture Notes, Dalhousie University, Department of - Mathematics, Statistics, \& Computing Science}, - year = 1991 -} - -@TECHREPORT{sims05, - author = {Sims, Christopher}, - title = {Rational Inattention: A Research Agenda}, - institution = {Deutsche Bundesbank}, - year = 2005, - type = {Deutsche Bundesbank discussion paper}, - number = 34 -} - -@ARTICLE{simsInattention, - author = {Sims, Christopher}, - title = {Implications of Rational Inattention}, - journal = {Journal of Monetary Economics}, - year = 2003, - volume = 50, - pages = {665--690}, - number = 3, - note = {available at \url{http://ideas.repec.org/a/eee/moneco/v50y2003i3p665-690.html}} -} - -@ARTICLE{simsQJE:inattention, - author = {Sims, Christopher A.}, - title = {Implications of Rational Inattention}, - journal = {Manuscript, Yale University}, - year = 2001 -} - -@MISC{sims:backsolve, - author = {Sims, Christopher A.}, - title = {Solving Nonlinear Stochastic Optimization and - Equilibrium Problems Backwards}, - howpublished = {Institute for Empirical Macroeconomics Discussion - Paper 15, Federal Reserve Bank of Minneapolis and - University of Minnesota}, - year = 1989 -} - -@ARTICLE{sirziz03, - author = {Sirovatka, Tomas and Zizlavsky, Martin}, - title = {Unemployment and Work Incentives ({N}ezamestnanost a - pracovni pobidky)}, - journal = {Political Economy (Politicka ekonomie)}, - year = 2003, - volume = 51, - pages = {391--406}, - number = 3, - note = {In Czech} -} - -@INCOLLECTION{skinner:houseUS, - author = {Skinner, Jonathan S.}, - title = {Housing and Saving in the U.S.}, - booktitle = {Housing Markets in the United States and Japan}, - publisher = {University of Chicago Press for NBER}, - year = 1994, - editor = {Noguchi, Yoshiro and Poterba, James M.}, - address = {Chicago:} -} - -@INCOLLECTION{skinner:sideshow, - author = {Skinner, Jonathan S.}, - title = {Is Housing Wealth a Sideshow?}, - booktitle = {Advances in the Economics of Aging}, - publisher = {University of Chicago Press for NBER}, - year = 1994, - editor = {Wise, David}, - address = {Chicago:} -} - -@ARTICLE{skinner:jme, - author = {Skinner, Jonathan S.}, - title = {Risky Income, Life Cycle Consumption, and - Precautionary Savings}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 22, - pages = {237--255} -} - -@ARTICLE{sv:Ed, - author = {Skyt Nielsen, Helena and Annette - Vissing-J{\o}rgensen}, - title = {The Impact of Labor Income Risk on Educational - Choices: Estimates and Implied Risk Aversion}, - journal = {Manuscript, Kellogg School, Northwestern University}, - year = 2006, - month = {January}, - bdsk-url-1 = - {http://www.kellogg.northwestern.edu/faculty/vissing/htm/nielsen_vissing2006.pdf}, - url = - {http://www.kellogg.northwestern.edu/faculty/vissing/htm/nielsen_vissing2006.pdf} -} - -@ARTICLE{sla09, - author = {Slacalek, Jiri}, - title = {What Drives Personal Consumption? The Role of - Housing and Financial Wealth}, - journal = {The B.E. Journal of Macroeconomics}, - year = 2009, - volume = 9, - pages = {article 37}, - number = 1, - institution = {German Institute for Economic Research, DIW Berlin}, - type = {mimeo} -} - -@TECHREPORT{slacalekDrives, - author = {Slacalek, Jiri}, - title = {What Drives Personal Consumption? {T}he Role of - Housing and Financial Wealth}, - institution = {German Institute for Economic Research, DIW Berlin}, - year = 2006, - type = {discussion paper}, - number = 647 -} - -@ARTICLE{slacalek:coint, - author = {Slacalek, Jiri}, - title = {International Evidence On Cointegration Between - Consumption, Income, And Wealth}, - journal = {Manuscript, Johns Hopkins University}, - year = 2005, - bdsk-url-1 = - {http://econ.jhu.edu/people/slacalek/research/cointegration.pdf}, - url = {http://econ.jhu.edu/people/slacalek/research/ - cointegration.pdf} -} - -@TECHREPORT{slacalek:cwunstable, - author = {Slacalek, Jiri}, - title = {International Evidence on Cointegration between - Consumption, Income, and Wealth}, - institution = {Johns Hopkins University}, - year = 2004, - type = {mimeo} -} - -@BOOK{slemrod:progressivity, - title = {Tax Progressivity and Income Inequality}, - publisher = {Cambridge University Press}, - year = 1994, - author = {Slemrod, Joel}, - address = {New York} -} - -@ARTICLE{slifman&corrado:pty, - author = {Slifman, Lawrence and Corrado, Carol}, - title = {Decomposition of Productivity and Unit Costs}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {328--332}, - number = 2 -} - -@ARTICLE{sw03, - author = {Smets, Frank and Wouters, Raf}, - title = {An Estimated Dynamic Stochastic General Equilibrium - Model of the Euro Area}, - journal = {Journal of European Economic Association}, - year = 2003, - volume = 5, - pages = {1123--1175}, - number = 1 -} - -@INCOLLECTION{smith:wealth, - author = {Smith, Adam}, - title = {An Inquiry into the Nature and Causes of the Wealth - of Nations}, - booktitle = {The Wealth of Nations: The Cannan Edition}, - publisher = {Modern Library}, - year = 1776, - editor = {Cannan, E.}, - address = {New York}, - note = {(1937)} -} - -@ARTICLE{Solon1992, - author = {Gary Solon}, - title = {Intergenerational Income Mobility in the United - States}, - journal = AER, - year = 1992, - volume = 82, - pages = {409--29}, - number = 3, - month = {June} -} - -@ARTICLE{solow:rep, - author = {Solow, Robert M.}, - title = {Dumb and Dumber in Macroeconomics}, - journal = {Manuscript, MIT}, - year = 2003 -} - -@ARTICLE{solow:contribution, - author = {Solow, Robert M.}, - title = {A Contribution to the Theory of Economic Growth}, - journal = {Quarterly Journal of Economics}, - year = 1956, - volume = 70, - pages = {65--94}, - number = 1 -} - -@ARTICLE{muellbauerHabits, - author = {Muellbauer, John}, - title = {Habits, Rationality and Myopia in the Life Cycle - Consumption Function}, - journal = {Annales d'Economie et de Statistique}, - year = 1988, - volume = 9, - pages = {47--70} -} - -@TECHREPORT{sommerHabits, - author = {Sommer, Martin}, - title = {Habits, Sentiment and Predictable Income in the - Dynamics of Aggregate Consumption}, - institution = {Johns Hopkins University}, - year = 2002, - type = {working Paper Number 458; Updated 2006}, - note = {Available at - {\url{http://econ.jhu.edu/pdf/papers/wp458_version2006.pdf}}} -} - -@ARTICLE{sommer:jobmarket, - author = {Sommer, Martin}, - title = {Habits, Sentiment and Predictable Income in the - Dynamics of Aggregate Consumption}, - journal = {Manuscript, The Johns Hopkins University}, - year = 2001, - note = - {\href{http://econ.jhu.edu/pdf/papers/wp458.pdf}{http://econ.jhu.edu/pdf/papers/wp458.pdf}} -} - -@ARTICLE{syChina, - author = {Song, Zheng Michael and Yang, Dennis Tao}, - title = {Life Cycle Earnings and Saving in a Fast-Growing - Economy}, - journal = {Manuscript, Chinese University of Hong Kong}, - year = 2010 -} - -@ARTICLE{souleles:sentiment, - author = {Souleles, Nicholas}, - title = {Consumer Sentiment: Its Rationality and Usefulness - in Forecasting Expenditure; Evidence from the - Michigan Micro Data}, - journal = {Journal of Money, Credit, and Banking}, - year = {forthcoming} -} - -@ARTICLE{souleles:finance, - author = {Souleles, Nicholas S.}, - title = {Household Securities Purchases, Transactions Costs, - and Hedging Motives}, - journal = {Manuscript, University of Pennsylvania}, - year = 2000 -} - -@ARTICLE{souleles:taxrefunds, - author = {Souleles, Nicholas S.}, - title = {The Response of Household Consumption to Income Tax - Refunds}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {947--958}, - number = 4, - month = {September} -} - -@ARTICLE{sousa:stocks, - author = {Sousa, Ricardo}, - title = {Property of Stocks and Wealth Effects on - Consumption}, - journal = {Manuscript, University of Minho, Portugal}, - year = 2003 -} - -@ARTICLE{Splinter:2010vd, - author = {Splinter, David and Bryant, Victoria and Diamond, - John, W.}, - title = {{Income Volatility and Mobility: U.S. Income Tax - Data, 1999--2007}}, - year = 2010, - date-added = {2013-04-07T22:40:14GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{2010_Splinter.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Splinter/2010_Splinter.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Splinter/2010_Splinter.pdf}, - rating = 0, - uri = - {\url{papers2://publication/uuid/1986B22E-9258-492A-8A7D-71082007A882}}, - url = - {http://www.bakerinstitute.org/publications/TEPP-pub-SplinterBryantDiamondIncomeVolatility-012010.pdf} -} - -@ARTICLE{ssw:nairu, - author = {Staiger, Douglas and Stock, James H. and Watson, - Mark W.}, - title = {Prices, Wages, and the U.S. NAIRU in the 1990s}, - journal = {NBER Working Paper Number 8320}, - year = 2001 -} - -@ARTICLE{staiger&stock:disease, - author = {{Staiger, Douglas} and Stock, James H.}, - title = {Instrumental Variables Regression with Weak - Instruments}, - journal = {NBER Technical Working Paper No. 151}, - year = 1994 -} - -@ARTICLE{StarrMcCluer:2002, - author = {Starr-McCluer, Martha}, - title = {Stock Market Wealth and Consumption}, - journal = {Economic Inquiry}, - year = 2002, - volume = 40, - pages = {69--79}, - number = 1, - month = {January}, - abstract = {This article investigates the effects of stock - market wealth on consumer spending. Traditional - macroeconometric models estimate that a dollar's - increase in stock wealth boosts consumption by three - to seven cents. With the substantial 1990s rise in - stock prices, the nature and magnitude of this - {"}wealth effect{"} have been much debated. After - describing the issues and previous research, I - present new evidence from a well-known consumer - survey. The results are broadly consistent with - life-cycle saving and a modest wealth effect: most - stockholders reported no appreciable effect of stock - prices on their saving or spending, but many - mentioned {"}retirement saving{"} in explaining - their behavior.} -} - -@ARTICLE{starr-mccluer:stockmarket, - author = {Starr-McCluer, Martha}, - title = {Stock Market Wealth and Consumer Spending}, - journal = {Federal Reserve Board of Governors}, - year = 1998 -} - -@ARTICLE{StiglerBeckerDeGustibus, - author = {Stigler, George J. and Becker, Gary S.}, - title = {{De Gustibus Non Est Disputandum}}, - journal = {The American Economic Review}, - year = 1977, - volume = 67, - pages = {76--90}, - number = 2, - bdsk-url-1 = {http://dx.doi.org/10.2307/1807222}, - citeulike-article-id =350004, - citeulike-linkout-0 ={http://dx.doi.org/10.2307/1807222}, - citeulike-linkout-1 ={http://www.jstor.org/stable/1807222}, - doi = {10.2307/1807222}, - keywords = {economics, methodology, philosophy}, - posted-at = {2008-10-06 08:07:03}, - priority = 2, - url = {http://dx.doi.org/10.2307/1807222} -} - -@TECHREPORT{swManyPredictors_inflPred, - author = {Stock, James and Watson, Mark}, - title = {Has Inflation Become Harder to Forecast?}, - institution = {Harvard University}, - year = 2005, - type = {mimeo} -} - -@INCOLLECTION{stock:Handbook, - author = {Stock, James H.}, - title = {Unit roots, structural breaks and trends}, - booktitle = {Handbook of Econometrics}, - publisher = {Elsevier}, - year = 1986, - editor = {R. F. Engle and D. McFadden}, - volume = 4, - series = {Handbook of Econometrics}, - chapter = 46, - pages = {2739--2841}, - month = {December}, - abstract = {This chapter reviews inference about large - autoregressive or moving average roots in univariate - time series, and structural change in multivariate - time series regression. The \"problem\" of - unit roots is cast more broadly as determining the - order of integration of a series; estimation, - inference, and confidence intervals are - discussed. The discussion of structural change - focuses on tests for parameter stability. Much - emphasis is on asymptotic distributions in these - nonstandard settings, and one theme is the general - applicability of functional central limit - theory. The quality of the asymptotic approximations - to finite-sample distributions and implications for - empirical work are critically reviewed.}, - url = {http://ideas.repec.org/h/eee/ecochp/4-46.html} -} - -@ARTICLE{sto91, - author = {Stock, James H.}, - title = {Confidence Intervals for the Largest Autoregressive - Root in Macroeconomic Time Series}, - journal = {Journal of Monetary Economics}, - year = 1991, - volume = 28, - pages = {445--460}, - number = 3 -} - -@ARTICLE{stock&watson:forecasting, - author = {Stock, James H. and Watson, Mark W.}, - title = {Forecasting Output and Inflation: The Role of Asset - Prices}, - journal = {Journal of Economic Literature}, - year = 2003 -} - -@ARTICLE{swPrincipal, - author = {James H. Stock and Mark W. Watson}, - title = {Forecasting Using Principal Components from a Large - Number of Predictors}, - journal = {Journal of the American Statistical Association}, - year = 2002, - volume = 97, - pages = {1167--1179} -} - -@ARTICLE{sw02a, - author = {Stock, James H. and Watson, Mark W.}, - title = {Macroeconomic Forecasting Using Diffusion Indexes}, - journal = {Journal of Business and Economic Statistics}, - year = 2002, - volume = 20, - pages = {147--162}, - number = 2 -} - -@ARTICLE{swInflation, - author = {Stock, James H. and Watson, Mark W.}, - title = {Forecasting Inflation}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 44, - pages = {293--335} -} - -@ARTICLE{swMedianUnbiased, - author = {James H. Stock and Mark W. Watson}, - title = {Median Unbiased Estimation of Coefficient Variance - in a Time-Varying Parameter Model}, - journal = {Journal of the American Statistical Association}, - year = 1998, - volume = 93, - pages = {349--358}, - number = 441 -} - -@MISC{stock&watson:handbook, - author = {Stock, James H. and Watson, Mark W.}, - title = {Business Cycle Fluctuations in U.S. Macroeconomic - Time Series}, - howpublished = {Working Paper}, - year = 1997 -} - -@ARTICLE{swy02, - author = {Stock, James H. and Wright, Jonathan H. and Yogo, - Motohiro}, - title = {A Survey of Weak Instruments and Weak Identification - in Generalized Method of Moments}, - journal = {Journal of Business and Economic Statistics}, - year = 2002, - volume = 20, - pages = {518--529}, - number = 4 -} - -@ARTICLE{Stockman:1988, - author = {Stockman, Alan C.}, - title = {Sectoral and National Aggregate Disturbances to - Industrial Output in Seven European Countries}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 21, - pages = {387--409} -} - -@ARTICLE{sty:cyclical, - author = {Storesletten, Kjetil and Telmer, Chris I. and Yaron, - Amir}, - title = {Cyclical Dynamics in Idiosyncratic Labor-Market - Risk}, - journal = {Journal of Political Economy}, - year = 2004, - volume = 112, - pages = {695--717}, - number = 3, - month = {June} -} - -@ARTICLE{strotzInconsistent, - author = {Strotz, Richard H.}, - title = {Myopia and Inconsistency in Dynamic Utility - Maximization}, - journal = {Review of Economic Studies}, - year = 1955, - volume = 23, - pages = {165--180}, - number = 3 -} - -@ARTICLE{suk07, - author = {Sukiassyan, Grigor}, - title = {Inequality and Growth: What Does the Transition - Economy Data Say?}, - journal = {Journal of Comparative Economics}, - year = 2007, - volume = 35, - pages = {35--56}, - number = 1 -} - -@ARTICLE{summersWolf, - author = {Summers, Lawrence H.}, - title = {Larry Summers and Martin Wolf on New Economic - Thinking}, - journal = {Financial Times video interview}, - year = 2011, - note = {\url{http://tinyurl.com/dl201108a}}, - date = {April 8, 2011}, - url = {http://tinyurl.com/dl201108a} -} - -@Article{summersIllusion, - Title = {The Scientific Illusion in Empirical Macroeconomics}, - Author = {Summers, Lawrence H}, - Journal = {Scandinavian Journal of Economics}, - Year = 1991, - Note = - {\url{http://www.econ.ucdavis.edu/faculty/kdsalyer/LECTURES/Ecn200e/summers_illusion.pdf}}, - Number = 2, - Pages = {129-48}, - Volume = 93, - Owner = {Nic Johnson}, - Url = - {http://www.econ.ucdavis.edu/faculty/kdsalyer/LECTURES/Ecn200e/summers_illusion.pdf} -} - -@ARTICLE{summers:skeptical, - author = {Summers, Lawrence H.}, - title = {Some Skeptical Observations on Real Business Cycle - Theory}, - journal = {Federal Reserve Bank of Minneapolis Quarterly - Review}, - year = 1986, - volume = 10, - pages = {23--27}, - note = - {\url{http://minneapolisfed.org/research/QR/QR1043.pdf}}, - bdsk-url-1 = {http://minneapolisfed.org/research/QR/QR1043.pdf}, - file = {summersSkeptical.pdf:summersSkeptical.pdf:PDF}, - url = {http://minneapolisfed.org/research/QR/QR1043.pdf} -} - -@Article{summersCapTax, - Title = {Capital Taxation and Accumulation in a Life Cycle - Growth Model}, - Author = {Summers, Lawrence H.}, - Journal = {American Economic Review}, - Year = 1981, - Note = {\url{http://www.jstor.org/stable/1806179}}, - Number = 4, - Pages = {533--544}, - Volume = 71, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1806179} -} - -@ARTICLE{summers&heston:article, - author = {Summers, Robert and Heston, Alan}, - title = {A New Set of International Comparisons of Real - Product and Price Level Estimates for 130 Countries, - 1950-1985}, - journal = {Review of Income and Wealth}, - year = 1988, - volume = {XXXIV}, - pages = {1--25} -} - -@TECHREPORT{scf04Charts, - author = {{Survey of Consumer Finances}}, - title = {2004 SCF Chartbook}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2007, - type = {electronic document}, - note = {Available at - \url{http://www.federalreserve.gov/pubs/oss/oss2/2004/scf2004home.html}} -} - -@ARTICLE{sve02, - author = {Jan Svejnar}, - title = {Transition Economies: Performance and Challenges}, - journal = {Journal of Economic Perspectives}, - year = 2002, - volume = 16, - pages = {3--28}, - number = 1 -} - -@ARTICLE{szeidlInvariantOrig, - author = {Szeidl, Adam}, - title = {Invariant Distribution in Buffer-Stock Saving and - Stochastic Growth Models}, - journal = {Manuscript, University of California at Berkeley}, - year = 2006, - month = {October} -} - -@ARTICLE{szeidl:ergodic, - author = {Szeidl, Adam}, - title = {On Ergodic Distributions and Buffer Stock Saving - Models}, - journal = {Manuscript, Harvard University}, - year = 2002 -} - -@ARTICLE{tv03, - author = {Alvin Tan and Graham Voss}, - title = {Consumption and Wealth in Australia}, - journal = {Economic Record}, - year = 2003, - volume = 244, - pages = {39--56}, - number = 79 -} - -@ARTICLE{tauchen&hussey:quadrature, - author = {Tauchen, George and Hussey, R.}, - title = {Quadrature-Based Methods for Obtaining Approximate - Solutions to the Integral Equations of Nonlinear - Rational Expectations Models}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {371--96} -} - -@ARTICLE{taylorFiscal, - author = {Taylor, John B.}, - title = {The Lack of an Empirical Rationale for a Revival of - Discretionary Fiscal Policy}, - journal = {The American Economic Review}, - year = 2009, - volume = 99, - pages = {550--555}, - number = 2, - publisher = {JSTOR} -} - -@ARTICLE{taylor&uhlig:solve, - author = {{Taylor, John B.} and {Harald Uhlig}}, - title = {Solving Nonlinear Stochastic Growth Models: A - Comparison of Alternative Solution Methods}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {35--36}, - number = 1 -} - -@ARTICLE{thalerFungibility, - author = {Thaler, Richard H.}, - title = {Anomalies: Saving, Fungibility, and Mental Accounts}, - journal = {Journal of Economic Perspectives}, - year = 1990, - volume = 4, - pages = {193--205}, - number = 1, - month = {January} -} - -@ARTICLE{thaler:psychology, - author = {Thaler, Richard H.}, - title = {Psychology and Savings Policies}, - journal = {American Economic Review, Papers and Proceedings}, - year = 1994, - volume = 84, - pages = {186--192}, - number = 2, - month = may -} - - -@ARTICLE{thalerMental, - author = {Thaler, Richard H.}, - title = {Saving, Fungibility and Mental Accounts}, - journal = {Journal of Economic Perspectives}, - year = 1990, - volume = 4, - pages = {193--205} -} - -@ARTICLE{thaler&shefrin:selfcontrol, - author = {Thaler, Richard H. and Shefrin, Hersh M.}, - title = {An Economic Theory of Self-Control}, - journal = {Journal of Political Economy}, - year = 1981, - volume = 89, - pages = {392--406}, - number = 2, - month = {April} -} - -@ARTICLE{thomas:surveyinfl, - author = {Thomas Jr., Lloyd B.}, - title = {Survey Measures of Expected U.S. Inflation}, - journal = {Journal of Economic Perspectives}, - year = 1999, - volume = 13, - pages = {125--144}, - number = 4 -} - -@BOOK{thomsonGuide, - title = {A Guide for the Young Economist}, - publisher = {M.I.T. Press}, - year = 2001, - author = {Thomson, William L.}, - address = {Cambridge} -} - -@TECHREPORT{tlu05, - author = {Vlastimil Tlusty}, - title = {Modern Tax, Pension and Social System (Moderni - danovy, duchodovy a socialni system)}, - year = 2005, - type = {presentation}, - note = {{X}VI. Congress of Czech Civic Democratic Party - (ODS), November 27, 2005 Available at - \url{http://www.tlusty.cz/}, In Czech} -} - -@INCOLLECTION{tobin:sandg, - author = {Tobin, James}, - title = {Life Cycle Saving and Balanced Growth}, - booktitle = {Ten Economic Studies in the Tradition of Irving - Fisher}, - publisher = {Wiley}, - year = 1967, - editor = {Fellner, William}, - address = {New York} -} - -@INPROCEEDINGS{tobinSaving, - author = {Tobin, James}, - title = {Life Cycle Saving and Balanced Growth}, - booktitle = {Ten Economic Studies in the Tradition of Irving - Fisher}, - year = 1967, - editor = {Fellner, William}, - pages = {231--256}, - publisher = {J. Wiley and Sons, Inc.} -} - -@BOOK{tobinMacro, - title = {Asset Accumulation and Economic Activity: - Reflections on Contemporary Macroeconomic Theory}, - publisher = {Basil Blackwell}, - year = 1980, - author = {Tobin, James}, - location = {Oxford} -} - -@ARTICLE{tobinsQ, - author = {Tobin, James}, - title = {A General Equilibrium Approach to Monetary Theory}, - journal = {Journal of Money Credit and Banking}, - year = 1969, - volume = 1, - pages = {15--29}, - number = 1 -} - -@ARTICLE{tobinRisk, - author = {Tobin, James}, - title = {Liquidity Preference as Behavior Towards Risk}, - journal = {Review of Economic Studies}, - year = 1958, - volume = {XXXV}, - pages = {65--86}, - number = 67, - month = {February}, - bdsk-url-1 = {http://cowles.econ.yale.edu/P/cm/m19/m19-01.pdf}, - url = {http://cowles.econ.yale.edu/P/cm/m19/m19-01.pdf} -} - -@ARTICLE{tokuokaCapitalist, - author = {Kiichi Tokuoka}, - title = {Is Wealth Accumulation a Luxury Good?}, - journal = {Economics Letters}, - year = 2012, - volume = 115, - pages = {523--526}, - number = 3, - doi = {10.1016/j.econlet.2011.12.122}, - file = {tokuokaCapitalist.pdf:tokuokaCapitalist.pdf:PDF}, - issn = {0165-1765}, - keywords = {Wealth}, - url = - {http://www.sciencedirect.com/science/article/pii/S0165176511006458} -} - -@ARTICLE{topelSeniority, - author = {Topel, Robert H.}, - title = {Specific Capital, Mobility and Wages: Wages Rise - with Job Seniority}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {145--176}, - issue = 1 -} - -@ARTICLE{topel90, - author = {Topel, Robert H.}, - title = {Specific Capital, Mobility and Wages: Wages Rise - with Job Seniority}, - journal = {NBER Working Paper Number W3294}, - year = 1990 -} - -@ARTICLE{topel92, - author = {Topel, Robert H. and Ward, Michael P.}, - title = {Job Mobility and the Careers of Young Men}, - journal = {Quarterly Journal of Economics}, - year = 1992, - volume = 107, - pages = {439--479}, - number = 2, - month = {May} -} - -@ARTICLE{townsendIndia, - author = {Townsend, Robert}, - title = {Risk and Insurance in Village India}, - journal = {Econometrica}, - year = 1994, - volume = 62, - pages = {171--84}, - number = 3 -} - -@TECHREPORT{trabandt05, - author = {Mathias Trabandt}, - title = {Sticky Information vs. Sticky Prices: A Horse Race - in a DSGE Framework}, - institution = {Humboldt University Berlin}, - year = 2004, - type = {mimeo} -} - -@BOOK{trump:deal, - title = {Trump: The Art of the Deal}, - publisher = {Random House}, - year = 1988, - author = {Trump, Donald}, - address = {New York}, - note = {With Tony Schwarz} -} - -@ARTICLE{jappelli&pagano:intlLC, - author = {Tullio Jappelli, Marco Pagano}, - title = {Consumption and Capital Market Imperfections: An - International Comparison}, - journal = {The American Economic Review}, - year = 1989, - volume = 79, - pages = {1088--1105}, - number = 5, - month = {December} -} - -@ARTICLE{turnovsky:inflsurv, - author = {Turnovsky, Stephen J.}, - title = {Empirical Evidence on the Formation of Price - Expectations}, - journal = {Journal of the American Statistical Association}, - year = 1970, - volume = 65, - pages = {1441--54}, - number = {December} -} - -@ARTICLE{tuttle&gauger:wealtheffects, - author = {Tuttle, M. H. and Gauger, Jean}, - title = {Wealth Effects and Consumption: A Multivariate - Evaluation}, - journal = {Mimeo, University of Tennessee}, - year = 2003 -} - -@ARTICLE{urich&wachtel:money, - author = {Urich, Thomas and Wachtel, Paul}, - title = {The Structure of Expectations of the Weekly Money - Supply Announcement}, - journal = {Journal of Monetary Economics}, - year = 1984, - volume = 13, - pages = {183--194} -} - -@INCOLLECTION{uzawa:patientownall, - author = {Uzawa, Hirofumi}, - title = {Time Preference, the Consumption Function, and - Optimum Asset Holdings}, - booktitle = {Value, Capital, and Growth: Papers in Honor of Sir - John Hicks}, - publisher = {Edinborough University Press}, - year = 1968, - editor = {Wolfe, J. N.}, - pages = {485--504}, - address = {Chicago} -} - -@INBOOK{skg:impact, - pages = {35--64}, - title = {The Impact of Changes in Income and Family - Composition on Subjective Well-Being}, - publisher = {University of Chicago Press}, - year = 1985, - author = {{v}an~de~Stadt, Huib and Kapteyn, Arie and van~de~Geer, Sara}, - booktitle = {Horizontal Equity, Uncertainty, and Economic - Well-Being} -} - -@ARTICLE{skg:relativity, - author = {{v}an~de~Stadt, Huib and Kapteyn, Arie and - van~de~Geer, Sara}, - title = {The Relativity of Utility: Evidence from Panel Data}, - journal = {Review of Economics and Statistics}, - year = 1985, - volume = 67, - pages = {179--187}, - number = 2, - month = May -} - -@PHDTHESIS{Valencia:2006, - author = {Valencia, Fabian}, - title = {Banks' Financial Structure and Business Cycles}, - school = {Johns Hopkins University}, - year = 2006, - month = {October}, - abstract = { } -} - -@BOOK{veblen:leisureclass, - title = {The Theory of the Leisure Class}, - publisher = {The Modern Library}, - year = 1899, - author = {Veblen, T.}, - address = {New York} -} - -@ARTICLE{velculescuHabits, - author = {Velculescu, Delia}, - title = {Consumption Habits In An Overlapping-Generations - Model}, - journal = {Economics Letters}, - year = 2011, - note = {\url{http://dx.doi.org/10.1016/j.bbr.2011.03.031}}, - doi = {10.1016/j.bbr.2011.03.031}, - file = {velculescuHabits.pdf:velculescuHabits.pdf:PDF}, - publisher = {Elsevier}, - url = {http://dx.doi.org/10.1016/j.bbr.2011.03.031} -} - -@ARTICLE{viard:ptyslowdown, - author = {Viard, Alan}, - title = {The Productivity Slowdown and the Savings Shortfall: - {A} Challenge to the Permanent Income Hypothesis}, - journal = {Economic Inquiry}, - year = 1993, - volume = 31, - pages = {549--564} -} - -@ARTICLE{vis02, - author = {Annette {Vissing-J\o rgensen}}, - title = {Limited Asset Market Participation and the - Elasticity of Intertemporal Substitution}, - journal = {Journal of Political Economy}, - year = 2002, - volume = 110, - pages = {339--357}, - number = {825--53} -} - -@ARTICLE{wsmEarningsLosses, - author = {von Wachter, Till and Song, Jae and Manchester, - Joyce}, - title = {Long-Term Earnings Losses due to Mass Layoffs During - the 1982 Recession: An Analysis Using - U.S. Administrative Data from 1974 to 2004}, - journal = {Manuscript, Columbia University}, - year = 2009 -} - -@ARTICLE{Marshall:1891, - author = {Wagner, Alfred}, - title = {Principles of Economics}, - journal = {History of Economic Thought Articles}, - year = 1891, - volume = 5, - pages = {319--338} -} - -@BOOK{watts:smallworld, - title = {Small Worlds}, - publisher = {Princeton Univ Press}, - year = 1999, - author = {Watts, Duncan J.} -} - -@ARTICLE{weber:ruleOfThumb, - author = {Weber, Christian E.}, - title = {Intertemporal Non-Separability and `Rule-Of-Thumb' - Consumption}, - journal = {Journal of Monetary Economics}, - year = 2002, - volume = 49, - pages = {293--308} -} - -@BOOK{weber:capitalism, - title = {The Protestant Ethic and the Spirit of Capitalism}, - publisher = {Charles Scribner and Sons}, - year = 1905, - author = {Weber, Max M.}, - address = {New York} -} - -@BOOK{weibull:evolutionary, - title = {Evolutionary Game Theory}, - publisher = {MIT Press}, - year = 1995, - author = {Weibull, J{\"}orgen}, - address = {New York} -} - -@ARTICLE{weilSamuelson, - author = {Weil, Philippe}, - title = {Overlapping Generations: The First Jubilee}, - journal = {Journal of Economic Perspectives}, - year = 2008, - volume = 22, - pages = {115--34}, - number = 4, - month = {Fall}, - bdsk-url-1 = - {http://ideas.repec.org/a/aea/jecper/v22y2008i4p115-34.html}, - url = - {http://ideas.repec.org/a/aea/jecper/v22y2008i4p115-34.html} -} - -@ARTICLE{wkTaylor, - author = {Weise, Charles L. and Krisch, David}, - title = {The Monetary Response to Changes in Credit Spreads}, - journal = {Paper Presented at the Eastern Economic Meetings, - March 1 2009}, - year = 2009, - note = {Corresponding Author: Charles Weise, - \texttt{weise@gettysburg.edu}} -} - -@INCOLLECTION{weiss:survey, - author = {Weiss, Y.}, - title = {The Determinants of Lifecycle Earnings: A Survey}, - booktitle = {HandBOOK of Labor Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1986, - editor = {{Orley Ashenfelter} and {Richard Layard}}, - address = {New York} -} - -@ARTICLE{wenChinaSaving, - author = {Wen, Yi}, - title = {Saving and Growth Under Borrowing Constraints: - Explaining the 'High Saving Rate'Puzzle}, - journal = {FRB of St. Louis Working Paper No 2009-45}, - year = 2009 -} - -@TECHREPORT{westlingSize, - author = {Westling, Tatu}, - title = {Male Organ And Economic Growth: Does Size Matter?}, - institution = {University Library of Munich, Germany}, - year = 2011, - type = {MPRA Paper}, - number = 32302, - month = Jul, - abstract = {No abstract is available for this item.}, - keywords = {Economic growth; Total factor productivity; Adult - mortality; Longevity; Knowledge transmission; }, - url = {http://ideas.repec.org/p/pra/mprapa/32302.html} -} - -@ARTICLE{white:whydont, - author = {White, Michelle}, - title = {Why Don't More Households File for Bankruptcy?}, - journal = {University of Michigan Working Paper}, - year = 1998, - volume = {98-3} -} - -@ARTICLE{white:whyitpays, - author = {White, Michelle}, - title = {Why It Pays to File For Bankruptcy: A Critical Look - at Incentives Under U.S. Bankruptcy Laws and a - Proposal for Change}, - journal = {University of Michigan Working Paper}, - year = 1998, - volume = {98-2} -} - -@ARTICLE{wil92, - author = {David W. Wilcox}, - title = {The Construction of the U.S. Consumption Data: Some - Facts and Their Implications for Empirical Research}, - journal = {American Economic Review}, - year = 1992, - volume = 82, - pages = {922--941}, - number = 4 -} - -@ARTICLE{wilhelm:bequest, - author = {Wilhelm, Mark O.}, - title = {Bequest Behavior and the Effect of Heirs' Earnings: - Testing the Altruistic Model of Bequests}, - journal = {American Economic Review}, - year = 1996, - volume = 86, - pages = {874--982}, - number = 4 -} - -@INCOLLECTION{willis:survey, - author = {Willis, ~R.~J.}, - title = {Wage Determinants: A Survey and Reinterpretation of - Human Capital Earnings Functions}, - booktitle = {Handbook of Labor Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1986, - editor = {{Orley Ashenfelter} and {Richard Layard}}, - address = {New York} -} - -@INCOLLECTION{woodfordImperfect, -title = {Imperfect Common Knowledge and the Effects of Monetary Policy}, -author = {Woodford, Michael}, -abstract = {This paper reconsiders the Phelps-Lucas hypothesis, according to which temporary real effects of purely nominal disturbances result from imperfect information, but departs from the assumptions of Lucas (1973) in two crucial respects. Due to monopolistically competitive pricing, higher-order expectations are crucial for aggregate inflation dynamics, as argued by Phelps (1983). And decisionmakers' subjective perceptions of current conditions are assumed to be of imperfect precision, owing to finite information processing capacity, as argued by Sims (2001). The model can explain highly persistent real effects of a monetary disturbance, and a delayed effect on inflation, as found in VAR studies.}, - url = {http://EconPapers.repec.org/RePEc:nbr:nberwo:8673}, - booktitle = {Knowledge, Information and Expectations in Modern Macroeconomics}, - publisher = {Princeton University Press}, - address = {Princeton}, - year = 2002, - editor = {Aghion, P. and R. Frydman and J. Stiglitz and M. Woodford}, -} - -@ARTICLE{woodford:imperfectNBERWP, - author = {Woodford, Michael}, - title = {Imperfect Common Knowledge and the Effects of - Monetary Policy}, - journal = {NBER Working Paper Number 8673}, - url = {http://EconPapers.repec.org/RePEc:nbr:nberwo:8673}, - year = 2001 -} - -@comment{wor60Old} -@comment{working:timeaggOld} -@ARTICLE{workingTimeAgg, - author = {Holbrook Working}, - title = {Note on the Correlation of First Differences of - Averages in a Random Chain}, - journal = {Econometrica}, - year = 1960, - volume = 28, - pages = {916--918}, - number = 4 -} - -@ARTICLE{wrightInterestElasticity, - author = {Wright, Colin}, - title = {Some Evidence on the Interest Elasticity of - Consumption}, - journal = {The American Economic Review}, - year = 1967, - volume = 57, - pages = {pp.850--855}, - number = 4, - copyright = {Copyright © 1967 American Economic Association}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={Sep., 1967}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/1815373} -} - -@ARTICLE{young:obstacle, - author = {Young, Eric}, - title = {An Obstacle Course for the Krusell-Smith Algorithm}, - journal = {Manuscript, Florida State University}, - year = 2002 -} - -@ARTICLE{young, - author = {Young, Eric R.}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty Using the Krusell-Smith Algorithm and - Non-Stochastic Simulations}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {36--41}, - number = 1, - month = {January} -} - -@BOOK{young:learning, - title = {Learning and Evolution in Games}, - publisher = {Princeton University Press}, - year = 1997, - author = {Young, H. Peyton} -} - -@PHDTHESIS{yuen:opttax, - author = {Yuen, C.}, - title = {Taxation, Human Capital Accumulation and Economic - Growth}, - school = {University of Chicago}, - year = 1991 -} - -@ARTICLE{zandiFiscal, - author = {Zandi, Mark}, - title = {Perspectives on the Economy}, - journal = {Testimony before the House Budget Committee, July 1}, - year = 2010 -} - -@ARTICLE{zeldes_jpe89, - author = {Stephen P. Zeldes}, - title = {Consumption and Liquidity Constraints: An Empirical - Investigation}, - journal = {The Journal of Political Economy}, - year = 1989, - volume = 97, - pages = {275--298}, - number = 2, - note = - {\url{http://userwww.service.emory.edu/~skrause/E511/Zeldes-1989.pdf}}, - url = - {http://userwww.service.emory.edu/~skrause/E511/Zeldes-1989.pdf} -} - -@Article{zeldes:jpe, - Title = {Consumption and Liquidity Constraints: An Empirical - Investigation}, - Author = {Zeldes, Stephen P.}, - Journal = {Journal of Political Economy}, - Year = 1989, - Note = {Available at - {\url{http://www.jstor.org/stable/1831315}}}, - Pages = {305--46}, - Volume = 97, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1831315} -} - -@PHDTHESIS{zeldes:thesis, - author = {Zeldes, Stephen P.}, - title = {Optimal Consumption with Stochastic Income}, - school = {Massachusetts Institute of Technology}, - year = 1984 -} - -@PHDTHESIS{zhang:thesis, - author = {Zhang, Lawrence Huiyan}, - title = {Essays on Business Cycles}, - school = {Johns Hopkins University}, - year = 2003 -} - -@PHDTHESIS{Zhou:2010, - author = {Zhou, Xia}, - title = {Essays On U.S. State-Level Financial Wealth Data and - Consumption Data}, - school = {Johns Hopkins University}, - year = 2010, - address = - {\href{http://jhir.library.jhu.edu/handle/1774.2/34267}{http://jhir.library.jhu.edu/handle/1774.2/34267}} -} - -@PHDTHESIS{Zhou:2006, - author = {Zhou, Xia}, - title = {Measuring Wealth Effects Using US State Data}, - school = {Johns Hopkins University}, - year = 2006, - address = - {\href{http://econ.jhu.edu/people/ZhouX/JobMarketPaperZhouX.pdf}{http://econ.jhu.edu/people/ZhouX/JobMarketPaperZhouX.pdf}} -} - -@ARTICLE{zcWandCdynByState, - author = {Zhou, Xia and Carroll, Christopher D.}, - title = {Dynamics of Wealth and Consumption: New and Improved - Measures of U.S.\ States}, - journal = {Berkeley Electronic Journals of Macroeconomics, - Advances}, - year = 2011, - volume = {Forthcoming, 2011}, - authors = {Zhou, Xia and Christopher D. Carroll} -} - -@TECHREPORT{Zhu:2007, - author = {Zhu, Xiaodi}, - title = {Growing Wealth, Inequality, and Housing in the - United States}, - institution = {Joint Center for Housing Studies, Harvard - University}, - year = 2007, - type = {Working Paper}, - number = {W07-1}, - month = {February} -} - -@PHDTHESIS{zhu:opttax, - author = {Zhu, X.}, - title = {Optimal Fiscal Policy in a Stochastic Growth Model}, - school = {University of Chicago}, - year = 1991 -} - -@ARTICLE{zou:spirit, - author = {Zou, Heng-Fu}, - title = {The 'Spirit of Capitalism' and Long-Run Growth}, - journal = {European Journal of Political Economy}, - year = 1994, - volume = 10, - pages = {279--93}, - number = 2 -} - -@BOOK{auerbach&feldstein:handbook, - title = {Handbook of Public Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1985, - editor = {{Auerbach, Alan J.} and {Martin S. Feldstein}}, - address = {New York} -} - -@INCOLLECTION{cdSsNBERReporter, - booktitle = {NBER Macroeconomics Annual, 1997}, - publisher = {MIT Press}, - year = 1997, - editor = {Bernanke, Benjamin S. and Rotemberg, Julio J.}, - pages = {165--229}, - address = {Cambridge, MA} -} - -@INCOLLECTION{carroll:epidemicinflSFINBERReporter, - title = {The {E}pidemiology of {M}acroeconomic - {E}xpectations}, - booktitle = {The Economy as an Evolving Complex System, III}, - publisher = {Oxford University Press}, - year = 2006, - editor = {Blume, Larry and Durlauf, Steven} -} - -@BOOK{Gam90, - title = {Analysis {I}{I}: {Convex} {Analysis} and - {Approximation} {Theory}}, - publisher = {Springer-Verlag}, - year = 1990, - editor = {R. V. Gamkerlidze}, - volume = 14, - series = {Encyclopaedia of Mathematical Sciences}, - address = {New York} -} - -@BOOK{ghj:portfolios, - title = {Household Portfolios}, - publisher = {MIT Press}, - year = 2002, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, - Tullio}, - address = {Cambridge, MA} -} - -@BOOK{hlmk04, - title = {Applied Time Series Econometrics}, - publisher = {Cambridge University Press}, - year = 2004, - editor = {L{\"}utkepohl, Helmut and Kr{\"}atzig, Markus}, - address = {Cambridge} -} - -@BOOK{pechman:whopaid, - title = {Who Paid the Taxes, 1966-85?}, - publisher = {The Brookings Institution}, - year = 1985, - editor = {Pechman, Joseph A.}, - address = {Washington} -} - -@BOOK{poterba:international, - title = {International Comparisons of Household Saving}, - publisher = {National Bureau of Economic Research}, - year = 1994, - editor = {Poterba, James M.}, - address = {Chicago and London: University of Chicago Press} -} - -@BOOK{carroll:reviewworldbank, - title = {The Economics of Saving and Growth: Theory, - Evidence, and Implications for Policy}, - publisher = {Cambridge University Press for the World Bank}, - year = 2000, - editor = {Schmidt-Hebbel, Klaus and Serv{\'e}n, Luis}, - note = {Book Review, {\it Journal of Economic Literature}} -} - -@INCOLLECTION{carroll:richsaveNBERReporter, - booktitle = {{D}oes {A}tlas {S}hrug? {T}he {E}conomic - {C}onsequences of {T}axing the {R}ich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.} -} - -@BOOK{slemrod:atlasshrug, - title = {Historical Perspectives on U.S. Tax Policy Toward - the Rich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.}, - booktitle = {Does Atlas Shrug? The Economic Consequences of - Taxing the Rich} -} - -@HEADER{bibpub, - note = {\centerline{\Large Published}} -} - -@HEADER{bibspace, - note = {\medskip\medskip\medskip} -} - -@HEADER{bibunpub, - note = {\centerline{\Large Unpublished}} -} - -@ARTICLE{francisCapitalist, - title = {Wealth and the Capitalist Spirit}, - journal = {Journal of Macroeconomics}, - volume = 31, - pages = {394--408}, - number = 3, - file = {francisCapitalist.pdf:francisCapitalist.pdf:PDF} -} - -MISCNOYEAR{publishedAndForthcoming, - note = {{\bf \Large Published or Forthcoming}}, -} - -MISCNOYEAR{unpublished, - note = {{\bf \Large Unpublished }} -} - -@MISC{noBookChapters20090701to20110630, - title = {No new book chapters}, - year = {2009-07-01 to 2011-06-30}, - author = {Carroll, Christopher D.} -} - -@TECHREPORT{wolframNumIntegration, - title = {Advanced Numerical Integration in {\it Mathematica}}, - year = 2011, - month = {October}, - note = - {\url{http://www.wolfram.com/learningcenter/tutorialcollection/AdvancedNumericalIntegrationInMathematica/AdvancedNumericalIntegrationInMathematica.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/wolframNumIntegration.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/wolframNumIntegration.pdf:PDF}, - journal = {Wolfram {\it Mathematica} Tutorial Collection}, - url = - {http://www.wolfram.com/learningcenter/tutorialcollection/AdvancedNumericalIntegrationInMathematica/AdvancedNumericalIntegrationInMathematica.pdf} -} - -@ARTICLE{varianRepublicansAndReturns, - title = {Which Party in the White House Means Good Times for - Investors?}, - journal = {New York Times}, - year = 2003, - volume = {November 20}, - bdsk-url-1 = - {http://people.ischool.berkeley.edu/~hal/people/hal/NYTimes/2003-11-20.html}, - url = - {http://people.ischool.berkeley.edu/~hal/people/hal/NYTimes/2003-11-20.html} -} - -@ARTICLE{bea02, - title = {Updated Summary NIPA Methodologies}, - journal = {Survey of Current Business}, - year = 2002, - key = {Bureau of Economic Analysis} -} - -@INCOLLECTION{carroll:richportfoliosNBERReporter, - booktitle = {Household Portfolios: Theory and Evidence}, - publisher = {MIT Press}, - year = 2002, - address = {Cambridge, MA} -} - -@ARTICLE{carroll:RiskyHabitsNBERReporter, - journal = {International Economic Journal}, - year = 2000, - volume = 14, - pages = {1--41}, - number = 4 -} - -@ARTICLE{crr:censusNBERReporter, - journal = {Economic Development and Cultural Change}, - year = 1999, - volume = 48, - pages = {33--50}, - number = 1, - month = {October} -} - -@ARTICLE{sc99, - title = {Data File Documentation}, - journal = {Survey Research Center}, - year = 1999, - address = {Ann Arbor, MI}, - key = {Survey of Consumers}, - url = {http://www.sca.isr.umich.edu/} -} - -@ARTICLE{carroll&samwick:howbigNBERReporter, - journal = {Review of Economics and Statistics}, - year = 1998, - volume = 80, - pages = {410--419}, - number = 3, - month = {August} -} - -@ARTICLE{carroll:bslcpihNBERReporter, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = {CXII}, - pages = {1--56}, - number = 1, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/BSLCPIH.zip}, - url = {http://econ.jhu.edu/people/ccarroll/BSLCPIH.zip} -} - -@ARTICLE{carroll&weil:crcsNBERReporter, - journal = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - volume = 40, - pages = {133--192}, - month = {June} -} - -@Article{abiadEtAl_FinReforms, - author = {Abdul Abiad and Enrica Detragiache and Thierry Tressel}, - title = {A New Database of Financial Reforms}, - journal = {IMF Staff Papers}, - year = {2010}, - volume = {57}, - number = {2}, - pages = {281--302}, - month = {June}, -} - -@Article{cos11, - author = {Christopher D. Carroll and Misuzu Otsuka and Jiri Slacalek}, - title = {How Large Are Financial and Housing Wealth Effects? A New Approach}, - journal = {Journal of Money, Credit, and Banking}, - year = {2011}, - volume = {43}, - number = {1}, - pages = {55--79}, - month = {February}, - note = {\url{http://econ.jhu.edu/people/ccarroll/papers/cosWealthEffects/}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/papers/cosWealthEffects.pdf}, - bdsk-url-2 = {http://dx.doi.org/10.1111/j.1538-4616.2010.00365.x}, - doi = {10.1111/j.1538-4616.2010.00365.x}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cosHousingWealth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cosHousingWealth.pdf:PDF}, - url = {http://econ.jhu.edu/people/ccarroll/papers/cosWealthEffects.pdf}, -} - -@Article{ctDiscrete, - author = {Carroll, Christopher D. and Toche, Patrick}, - title = {A Tractable Model of Buffer Stock Saving}, - journal = {NBER Working Paper Number 15265}, - year = {2009}, - month = {August}, - note = {\url{http://econ.jhu.edu/people/ccarroll/papers/ctDiscrete}}, - status = {Revise and Resubmit, {\it The Economic Journal}}, - url = {http://econ.jhu.edu/people/ccarroll/papers/ctDiscrete}, -} - -@Article{cjSOE, - author = {Carroll, Christopher D. and Jeanne, Olivier}, - title = {A Tractable Model of Precautionary Reserves, Net Foreign Assets, or Sovereign Wealth Funds}, - journal = {NBER Working Paper Number 15228}, - year = {2009}, - month = {August}, - note = {\url{http://econ.jhu.edu/people/ccarroll/papers/cjSOE}}, - status = {Not submitted}, - url = {http://econ.jhu.edu/people/ccarroll/papers/cjSOE.pdf}, -} - -@Article{carroll:atheoryjep, - author = {Carroll, Christopher D.}, - title = {A Theory of the Consumption Function, With and Without Liquidity Constraints}, - journal = {Journal of Economic Perspectives}, - year = {2001}, - volume = {15}, - number = {3}, - pages = {23-46}, - month = {Summer}, - note = {\url{http://econ.jhu.edu/people/ccarroll/ATheoryv3JEP.pdf}}, - url = {\url{http://econ.jhu.edu/people/ccarroll/ATheoryv3JEP.pdf}}, -} - -@Article{modyEtAl_precSaving, - author = {Ashoka Mody and Franziska Ohnsorge and Damiano Sandri}, - title = {Precautionary Savings in the Great Recession}, - journal = {IMF Economic Review}, - year = {2012}, - volume = {60}, - number = {1}, - pages = {114--138}, - month = {April}, -} - -@Article{admmmCredit, - author = {Aron, Janine and John V. Duca and John Muellbauer and Keiko Murata and Anthony Murphy}, - title = {Credit, Housing Collateral, and Consumption: Evidence from Japan, the U.K., and the U.S.}, - journal = {Review of Income and Wealth}, - year = {2011}, - doi = {10.1111/j.1475-4991.2001.00466.x}, -} - -@Article{hallQuantifying, - author = {Hall, Robert E.}, - title = {Quantifying the Forces Leading to the Collapse of GDP after the Financial Crisis}, - journal = {Manuscript, Stanford University}, - year = {2012}, - month = {March}, -} - -@Article{dszRichSave, - author = {Dynan, Karen E. and Skinner, Jonathan and Zeldes, Stephen P.}, - title = {Do the Rich Save More?}, - journal = {Journal of Political Economy}, - year = {2004}, - volume = {112}, - number = {2}, - pages = {397--444}, - publisher = {JSTOR}, -} - -@Article{baker_policyUncertainty, - author = {Scott R. Baker and Nicholas Bloom and Steven J. Davis}, - title = {Measuring Economic Policy Uncertainty}, - journal = {The Quarterly Journal of Economics}, - year = {2016}, - volume = {131}, - number = {4}, - pages = {1593--1636}, - publisher = {Oxford University Press}, -} - -@Article{CBOSaving, - author = {{Congressional~Budget~Office}}, - title = {Assessing the Decline in National Saving Rate}, - journal = {Congressional Budget Office Reports}, - year = {1993}, - month = {April}, -} - -@Book{friedmanATheory, - title = {A Theory of the Consumption Function}, - publisher = {Princeton University Press}, - year = {1957}, - author = {Friedman, Milton A.}, -} - -@Article{carrollBSLCPIH, - author = {Carroll, Christopher D.}, - title = {Buffer Stock Saving and the Life Cycle/Permanent Income Hypothesis}, - journal = {Quarterly Journal of Economics}, - year = {1997}, - volume = {CXII}, - number = {1}, - pages = {1--56}, - note = {\url{http://econ.jhu.edu/people/ccarroll/BSLCPIH.zip}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/BSLCPIH.zip}, - file = {bib/bslcpih.pdf:bib/bslcpih.pdf:PDF}, - score = {40}, - url = {http://econ.jhu.edu/people/ccarroll/BSLCPIH.zip}, -} - -@Article{gpLifeCycle, - author = {Gourinchas, Pierre-Olivier and Parker, Jonathan}, - title = {Consumption Over the Life Cycle}, - journal = {Econometrica}, - year = {2002}, - volume = {70}, - number = {1}, - pages = {47--89}, -} - -@Article{bewleyPIH, - author = {Bewley, Truman}, - title = {The Permanent Income Hypothesis: A Theoretical Formulation}, - journal = {Journal of Economic Theory}, - year = {1977}, - volume = {16}, - pages = {252--292}, -} - -@Article{seIncFluct, - author = {Schechtman, Jack and Escudero, Vera}, - title = {Some results on `An Income Fluctuation Problem'}, - journal = {Journal of Economic Theory}, - year = {1977}, - volume = {16}, - pages = {151--166}, -} - -@Article{macurdyTimeseries, - author = {MaCurdy, Thomas}, - title = {The Use of Time Series Processes to Model the Error Structure of Earnings in a Longitudinal Data Analysis}, - journal = {Journal of Econometrics}, - year = {1982}, - volume = {18}, - number = {1}, - pages = {83--114}, -} - -@Article{acCovariance, - author = {Abowd, John M. and Card, David}, - title = {On the Covariance Structure of Earnings and Hours Changes}, - journal = {Econometrica}, - year = {1989}, - volume = {57}, - pages = {411--445}, -} - -@Article{carroll&samwick:nature, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The {N}ature of {P}recautionary {W}ealth}, - journal = {Journal of Monetary Economics}, - year = {1997}, - volume = {40}, - number = {1}, - pages = {41--71}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/papers/nature.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/papers/nature.pdf}, -} - -@Article{csNature, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The {N}ature of {P}recautionary {W}ealth}, - journal = {Journal of Monetary Economics}, - year = {1997}, - volume = {40}, - number = {1}, - pages = {41--71}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/papers/nature.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/papers/nature.pdf}, -} - -@Article{jpCins, - author = {Jappelli, Tullio and Pistaferri, Luigi}, - title = {Intertemporal Choice and Consumption Mobility}, - journal = {Econometric Society World Congress 2000 Contributed Paper Number 0118}, - year = {2000}, - month = {August}, - bdsk-url-1 = {http://fmwww.bc.edu/RePEc/es2000/0118.pdf}, - url = {http://fmwww.bc.edu/RePEc/es2000/0118.pdf}, -} - -@Article{styConsumption, - author = {Storesletten, Kjetil and Telmer, Chris I. and Yaron, Amir}, - title = {Consumption and Risk Sharing Over the Life Cycle}, - journal = {Journal of Monetary Economics}, - year = {2004}, - volume = {51}, - number = {3}, - pages = {609--633}, - month = {Apr}, - bdsk-url-1 = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW-2/1/4934de112177c84dc55a3f37dbde0e16}, - biburl = {http://www.bibsonomy.org/bibtex/ 2eec5eb26c6514db248ef7956537b8aaa/smicha}, - keywords = {Risk sharing}, - url = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW- - 2/1/4934de112177c84dc55a3f37dbde0e16}, -} - -@Article{sty:consumption, - author = {Storesletten, Kjetil and Telmer, Chris I. and Yaron, Amir}, - title = {Consumption and Risk Sharing Over the Life Cycle}, - journal = {Journal of Monetary Economics}, - year = {2004}, - volume = {51}, - number = {3}, - pages = {609--633}, - month = {Apr}, - bdsk-url-1 = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW-2/1/4934de112177c84dc55a3f37dbde0e16}, - biburl = {http://www.bibsonomy.org/bibtex/ 2eec5eb26c6514db248ef7956537b8aaa/smicha}, - keywords = {Risk sharing}, - url = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW- - 2/1/4934de112177c84dc55a3f37dbde0e16}, -} - -@Article{blpRisk, - author = {Blundell, Richard and Low, Hamish and Preston, Ian}, - title = {Decomposing Changes in Income Risk Using Consumption Data}, - journal = {Manusscript, University College London}, - year = {2008}, - month = {July}, -} - -@Article{claridaErgodic, - author = {Clarida, Richard H.}, - title = {Consumption, Liquidity Constraints, and Asset Accumulation in the Face of Random Fluctuations in Income}, - journal = {International Economic Review}, - year = {1987}, - volume = {XXVIII}, - pages = {339--351}, -} - -@Article{tocheUrisk, - author = {Toche, Patrick}, - title = {A Tractable Model of Precautionary Saving in Continuous Time}, - journal = {Economics Letters}, - year = {2005}, - volume = {87}, - number = {2}, - pages = {267--272}, - note = {\url{http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267-272.html}}, - bdsk-url-1 = {http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267-272.html}, - url = {http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267- - 272.html}, -} - -@Article{toche:urisk, - author = {Toche, Patrick}, - title = {A Tractable Model of Precautionary Saving in Continuous Time}, - journal = {Economics Letters}, - year = {2005}, - volume = {87}, - number = {2}, - pages = {267--272}, - note = {\url{http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267-272.html}}, - bdsk-url-1 = {http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267-272.html}, - url = {http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267- - 272.html}, -} - -@Article{ramseySave, - author = {Ramsey, Frank}, - title = {A Mathematical Theory of Saving}, - journal = {Economic Journal}, - year = {1928}, - volume = {38}, - number = {152}, - pages = {543--559}, -} - -@Article{ckConcavity, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {On the {C}oncavity of the {C}onsumption {F}unction}, - journal = {Econometrica}, - year = {1996}, - volume = {64}, - number = {4}, - pages = {981--992}, - note = {\url{http://econ.jhu.edu/people/ccarroll/concavity.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/concavity.pdf}, - score = {10}, - url = {http://econ.jhu.edu/people/ccarroll/concavity.pdf}, -} - -@Article{jboydWeighted, - author = {Boyd, John H.}, - title = {Recursive Utility and the Ramsey Problem}, - journal = {Journal of Economic Theory}, - year = {1990}, - volume = {50}, - number = {2}, - pages = {326--345}, - month = {April}, -} - -@article{BSinKS, - title={Buffer-stock saving in a Krusell--Smith world}, - author={Carroll, Christopher D and Slacalek, Jiri and Tokuoka, Kiichi}, - journal={Economics Letters}, - volume={132}, - pages={97--100}, - year={2015}, - publisher={Elsevier}, - note = {At \href{http://econ.jhu.edu/people/ccarroll/papers/BSinKS.pdf}{http://econ.jhu.edu/people/ccarroll/papers/BSinKS.pdf}}, - url = {http://econ.jhu.edu/people/ccarroll/papers/BSinKS.pdf}, -} - -@Article{BSinKmanuscriptS, - author = {Carroll, Christopher D. and Slacalek, Jiri and Tokuoka, Kiichi}, - title = {Digestible Microfoundations: Buffer Stock Saving in a Krusell-Smith World}, - journal = {Manuscript, Johns Hopkins University}, - year = {2011}, - note = {At \href{http://econ.jhu.edu/people/ccarroll/papers/BSinKS.pdf}{http://econ.jhu.edu/people/ccarroll/papers/BSinKS.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/papers/BSinKS.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/papers/BSinKS.pdf}, -} - -@Article{hiraguchiBSProofs, - author = {Hiraguchi, Ryoji}, - title = {On the Convergence of Consumption Rules}, - journal = {Manuscript, Johns Hopkins University}, - year = {2003}, -} - -@Article{havranek:metaHabits, - author = {Havranek, Tomas and Rusnak, Marek and Sokolova, Anna}, - title = {Habit Formation in Consumption: A Meta-Analysis}, - journal = {European Economic Review}, - year = {2017}, - volume = {95}, - number = {C}, - pages = {142--167}, - doi = {10.1016/j.euroecorev.2017}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrsHabit.pdf}, - keywords = {Habit formation; Consumption; Meta-analysis; Bayesian model averaging; Frequentist model averaging}, - publisher = {Elsevier}, - url = {https://doi.org/10.1016/j.euroecorev.2017.03.009}, -} - -@Article{krusellSmith_heterogeneity_JPE98, - author = {Per Krusell and Anthony A. Smith}, - title = {Income and Wealth Heterogeneity in the Macroeconomy}, - journal = {Journal of Political Economy}, - year = {1998}, - volume = {106}, - number = {5}, - pages = {867--896}, - owner = {Jirka}, - timestamp = {2009.01.28}, -} - -@Article{ksHetero, - author = {Per Krusell and Anthony A. Smith}, - title = {Income and Wealth Heterogeneity in the Macroeconomy}, - journal = {Journal of Political Economy}, - year = {1998}, - volume = {106}, - number = {5}, - pages = {867--896}, - owner = {Jirka}, - timestamp = {2009.01.28}, -} - -@Article{JIE2001, - author = {Kalemli-Ozcan, Sebnem and Sorensen, Bent E. and Yosha, Oved}, - title = {{Economic integration, industrial specialization, and the asymmetry of macroeconomic fluctuations}}, - journal = {Journal of International Economics}, - year = {2001}, - volume = {55}, - number = {1}, - pages = {107-137}, - month = {October}, - abstract = {No abstract is available for this item.}, - url = {https://ideas.repec.org/a/eee/inecon/v55y2001i1p107-137.html}, -} - -@Article{REStat2008, - author = {María José Luengo-Prado and Bent E. S{\o}rensen}, - title = {{What Can Explain Excess Smoothness and Sensitivity of State-Level Consumption?}}, - journal = {The Review of Economics and Statistics}, - year = {2008}, - volume = {90}, - number = {1}, - pages = {65-80}, - month = {February}, - abstract = { This article estimates marginal propensities to consume (MPC) out of current and lagged income for U.S. states using panel data regressions that control for time-specific and state-level fixed effects. The MPCs vary across states; in particular, the MPC out of current income is higher in states where income is more persistent, and the MPC out of lagged income is lower in agricultural states. We show that the estimated MPCs can be matched by a model of forward-looking consumers that includes all of the following features: time aggregation, durable goods, impatience, credit constraints, and risk sharing. Copyright by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.}, - url = {https://ideas.repec.org/a/tpr/restat/v90y2008i1p65-80.html}, -} - -@Book{king2016alchemy, - title = {The end of alchemy : money, banking and the future of the global economy}, - publisher = {Little, Brown}, - year = {2016}, - author = {King, Mervyn A.}, - address = {London}, - isbn = {1408706105 9781408706107 9781408706114 1408706113}, - abstract = {The past twenty years saw unprecedented growth and stability followed by the worst financial crisis the industrialised world has ever witnessed. In the space of little more than a year what had been seen as the age of wisdom was viewed as the age of foolishness. Almost overnight, belief turned into incredulity. Most accounts of the recent crisis focus on the symptoms and not the underlying causes of what went wrong. But those events, vivid though they remain in our memories, comprised only the latest in a long series of financial crises since our present system of commerce became the cornerstone of modern capitalism. Alchemy explains why, ultimately, this was and remains a crisis not of banking – even if we need to reform the banking system – nor of policy-making – even if mistakes were made – but of ideas. In this refreshing and vitally important book, former governor of the Bank of England Mervyn King – an actor in this drama – proposes revolutionary new concepts to answer the central question: are money and banking a form of Alchemy or are they the Achilles heel of a modern capitalist economy? }, - added-at = {2016-04-16T15:51:52.000+0200}, - biburl = {https://www.bibsonomy.org/bibtex/25a003dea76d39a3f914183cffcf2b0b1/meneteqel}, - interhash = {8336b0a0bbd5b3719c6d70d75695e224}, - intrahash = {5a003dea76d39a3f914183cffcf2b0b1}, - keywords = {banking capitalism financial_crisis financial_market international_finance money}, - refid = {920656482}, - timestamp = {2017-01-08T22:08:08.000+0100}, - url = {http://books.wwnorton.com/books/The-End-of-Alchemy/}, -} - -@TechReport{gordonFutureGrowth, - author = {Robert J. Gordon}, - title = {Is U.S. Economic Growth Over? Faltering Innovation Confronts the Six Headwinds}, - institution = {National Bureau of Economic Research}, - year = {2012}, - type = {Working Paper}, - number = {18315}, - month = {August}, - abstract = {This paper raises basic questions about the process of economic growth. It questions the assumption, nearly universal since Solow's seminal contributions of the 1950s, that economic growth is a continuous process that will persist forever. There was virtually no growth before 1750, and thus there is no guarantee that growth will continue indefinitely. Rather, the paper suggests that the rapid progress made over the past 250 years could well turn out to be a unique episode in human history. The paper is only about the United States and views the future from 2007 while pretending that the financial crisis did not happen. Its point of departure is growth in per-capita real GDP in the frontier country since 1300, the U.K. until 1906 and the U.S. afterwards. Growth in this frontier gradually accelerated after 1750, reached a peak in the middle of the 20th century, and has been slowing down since. The paper is about "how much further could the frontier growth rate decline?" - -The analysis links periods of slow and rapid growth to the timing of the three industrial revolutions (IR's), that is, IR #1 (steam, railroads) from 1750 to 1830; IR #2 (electricity, internal combustion engine, running water, indoor toilets, communications, entertainment, chemicals, petroleum) from 1870 to 1900; and IR #3 (computers, the web, mobile phones) from 1960 to present. It provides evidence that IR #2 was more important than the others and was largely responsible for 80 years of relatively rapid productivity growth between 1890 and 1972. Once the spin-off inventions from IR #2 (airplanes, air conditioning, interstate highways) had run their course, productivity growth during 1972-96 was much slower than before. In contrast, IR #3 created only a short-lived growth revival between 1996 and 2004. Many of the original and spin-off inventions of IR #2 could happen only once - urbanization, transportation speed, the freedom of females from the drudgery of carrying tons of water per year, and the role of central heating and air conditioning in achieving a year-round constant temperature. - -Even if innovation were to continue into the future at the rate of the two decades before 2007, the U.S. faces six headwinds that are in the process of dragging long-term growth to half or less of the 1.9 percent annual rate experienced between 1860 and 2007. These include demography, education, inequality, globalization, energy/environment, and the overhang of consumer and government debt. A provocative "exercise in subtraction" suggests that future growth in consumption per capita for the bottom 99 percent of the income distribution could fall below 0.5 percent per year for an extended period of decades.}, - doi = {10.3386/w18315}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18315}, -} - -@TechReport{cstKS_ecbWP, - author = {Carroll, Christopher D. and Slacalek, Jiri and Tokuoka, Kiichi}, - title = {Buffer-Stock Saving in a Krusell--Smith World}, - institution = {European Central Bank}, - year = {2014}, - type = {working paper}, - number = {1633}, - owner = {akmaral}, - timestamp = {2014.02.02}, -} - -@Article{lmp:wagerisk, - author = {Low, Hamish and Meghir, Costas and Pistaferri, Luigi}, - title = {Wage Risk and Employment Over the Life Cycle}, - journal = {American Economic Review}, - year = {2010}, - volume = {100}, - number = {4}, - pages = {1432--1467}, -} - -@Article{kvH2M, - author = {Kaplan, Greg and Violante, Giovanni L}, - title = {A model of the consumption response to fiscal stimulus payments}, - journal = {Econometrica}, - year = {2014}, - volume = {82}, - number = {4}, - pages = {1199--1239}, - publisher = {Wiley Online Library}, -} - -@TechReport{hausmanVeteransBonus, - author = {Hausman, Joshua K.}, - title = {Fiscal Policy and Economic Recovery: The Case of the 1936 Veterans' Bonus}, - institution = {University of California, Berkeley}, - year = {2012}, - type = {mimeo}, -} - -@Article{jpCResponse, - author = {Tullio Jappelli and Luigi Pistaferri}, - title = {The Consumption Response to Income Changes}, - journal = {The Annual Review of Economics}, - year = {2010}, - volume = {2}, - number = {1}, - pages = {479--506}, - publisher = {Annual Reviews}, -} - -@Article{carroll:babyboomcomment, - author = {Engen, Eric and William Gale and Cori Uccello}, - title = {The Adequacy of Retirement Saving}, - journal = {Brookings Papers on Economic Activity}, - year = {1999}, - volume = {1999}, - number = {2}, - note = {Published Discussion}, -} - -@TechReport{otsuka:jobmarket, - author = {Otsuka, Misuzu}, - title = {Household Portfolio Choice with Illiquid Assets}, - institution = {Johns Hopkins University}, - year = {2003}, - type = {manuscript}, -} - -@Article{bpp2008, - author = {Richard Blundell and Luigi Pistaferri and Ian Preston}, - title = {Consumption inequality and partial insurance}, - journal = AER, - year = {2008}, - volume = {98}, - number = {5}, - pages = {1887-1921}, - month = {December}, -} - -@Article{mianRaoSufi_slump, - author = {Atif Mian and Kamalesh Rao and Amir Sufi}, - title = {Household Balance Sheets, Consumption, and the Economic Slump}, - journal = {Quarterly Journal of Economics}, - year = {2013}, - volume = {128}, - number = {4}, - pages = {1687--1726}, -} - -@Book{jlsMeasuring, - title = {Measuring Economic Sustainability And Progress}, - publisher = {NBER}, - year = {2014 (forthcoming)}, - author = {Jorgenson, Dale W and Landefeld, J Steven and Schreyer, Paul}, - booktitle = {Measuring Economic Sustainability and Progress}, -} - -@Article{deatonReconsideration, - author = {Deaton, Angus}, - title = {{A} {R}econsideration of the {E}mpirical {I}mplications of {A}dditive {P}references}, - journal = {The Economic Journal}, - year = {1974}, - volume = {84}, - number = {334}, - pages = {pp. 338-348}, - issn = {00130133}, - copyright = {Copyright © 1974 Royal Economic Society}, - file = {deatonReconsideration.pdf:deatonReconsideration.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 1974}, - language = {English}, - publisher = {Wiley on behalf of the Royal Economic Society}, - url = {http://www.jstor.org/stable/2231258}, -} - -@Article{dmAIDS, - author = {Deaton, Angus and Muellbauer, John}, - title = {{A}n {A}lmost {I}deal {D}emand {S}ystem}, - journal = {The American Economic Review}, - year = {1980}, - volume = {70}, - number = {3}, - pages = {pp. 312-326}, - issn = {00028282}, - note = {\url{http://www.jstor.org/stable/1805222}}, - comment = {Cite Stone (1954) as originating? Virtues: gives an - arbitrary first-order approximation to any demand - system; it satisfies the axioms of choice exactly; - it aggregates perfectly over consumers without - invoking parallel linear Engel curves; it has a - functional form which is consistent with known - household-budget data; it is simple to estimate, - largely avoiding the need for non-linear estimation; - and it can be used to test the restrictions of - homogeneity and symmetry through linear restrictions - on fixed parameters;``by proposing a demand system - which is superior to its predecessors, we hope to be - able to reveal more clearly the problems and - potential solutions associated with the usual - approach.'' the now standard rejection of homogeneity - in demand analysis may be due to insufficient - attention to the dynamic aspects of consumer - behavior. ``In this paper we have introduced a new - system of demand equations, the AIDS, in which the - budget shares of the various commodities are - linearly related to the logarithm of real total - expenditure and the logarithms of relative prices.''}, - copyright = {Copyright © 1980 American Economic Association}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dmAIDS.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dmAIDS.pdf:PDF;dmAIDS.pdf:dmAIDS.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 1980}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/1805222}, -} - -@Article{diZeroExpenditures, - author = {Deaton, Angus and Irish, Margaret}, - title = {{S}tatistical models for zero expenditures in household budgets}, - journal = {Journal of Public Economics}, - year = {1984}, - volume = {23}, - number = {1-2}, - pages = {59--80}, - file = {diZeroExpenditures.pdf:diZeroExpenditures.pdf:PDF}, - publisher = {Elsevier}, - url = {http://dx.doi.org/10.1016/0047-2727(84)90067-7}, -} - -@Article{bdiProfitable, - author = {Browning, Martin and Deaton, Angus and Irish, Margaret}, - title = {{A} {P}rofitable {A}pproach to {L}abor {S}upply and {C}ommodity {D}emands over the {L}ife-{C}ycle}, - journal = {Econometrica}, - year = {1985}, - volume = {53}, - number = {3}, - pages = {pp. 503-544}, - issn = {00129682}, - abstract = {The paper presents a general theoretical framework - for the analysis of integrated life-cycle models of - consumption and family labor supply under - uncertainty. Profit functions are used to represent - intertemporally additive preferences and to yield - convenient characterizations of ``constant marginal - utility of wealth'' or ``Frisch'' demand functions. - Conditions on preferences derived that allow - additive fixed-effect specifications for the Frisch - demands. Data from the British Family Expenditure - Surveys from 1970-77 are used to derive panel-like - information on male labor supply and consumption for - several age cohorts over time. These data reproduce - standard life-cycle patterns of hours and wages, but - more detailed analysis shows that the theory is - incapable of offering a satisfactory common - explanation of the behavior of hours and wages over - both the business cycle and the life cycle. - Similarly, although the theory can explain the - life-cycle behavior of hours and consumption - separately, the same model cannot explain both, - essentially because of a failure in symmetry.}, - copyright = {Copyright © 1985 The Econometric Society}, - file = {bdiProfitable.pdf:bdiProfitable.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {May, 1985}, - language = {English}, - publisher = {The Econometric Society}, - url = {http://www.jstor.org/stable/1911653}, -} - -@Article{bdTimeSeriesC, - author = {Blinder, Alan S. and Deaton, Angus S.}, - title = {{T}he {T}ime {S}eries {C}onsumption {F}unction {R}evisited}, - journal = {Brookings Papers on Economic Activity, 1985:2}, - year = {1985}, - pages = {465--521}, - file = {bdTimeSeriesC.pdf:bdTimeSeriesC.pdf:PDF}, - url = {http://www.jstor.org/stable/2534444}, -} - -@Article{deatonPanelFromCross, - author = {Angus Deaton}, - title = {{P}anel {D}ata from {T}ime {S}eries and {C}ross {S}ections}, - journal = {Journal of Econometrics}, - year = {1985}, - volume = {30}, - pages = {109--26}, - doi = {10.1016/0304-4076(85)90134-4}, - file = {deatonPanelFromCross.pdf:deatonPanelFromCross.pdf:PDF}, - url = {http://dx.doi.org/10.1016/0304-4076(85)90134-4}, -} - -@TechReport{deatonLifeCycle, - author = {Deaton, Angus}, - title = {{L}ife-cycle models of consumption: {I}s the evidence consistent with the theory?}, - year = {1987}, - abstract = {The paper considers avariety of evidence that casts - light on the validity of the life-cycle model of - consumer behavior. In the first part of the paper, - simple non-parametric tests are used to examine - representative agent models of consumption and labor - supply. It seems extremely unlikely that post-war - United States evidence can usefully be explained by - such a model, at least if the assumption of - intertemporal separability is maintained. Changes in - aggregate consumption bear little relationship to - after tax real interest rates, and consumption has - tended to grow even during periods of negative real - interest rates. Joint consideration of consumption - and labor supply does nothing to resolve the - problems that arise when consumption is taken by - itself. It is argued that these results cast doubt, - not onlife-cycle theory itself, but on the - representative agent assumption; there is little - reason to suppose that changes inaggregate - consumption should be related to the real - interestrate.The second part of the paper is - concerned with the time-series representation of - disposable income and with it simplications for the - behavior of consumption under the assumptions of the - life-cycle model. If real disposable income is truly - a first-order autoregressive process in first - differences,a process that fits the data well and is - becoming increasing popular in the macro time-series - literature,then the life-cycle model implies that - changes in consumption should be more variable than - innovations in income, a prediction that is - manifestly false. Various possible resolutions of - this problem are reviewed, including habit formation - and alternative representations of disposable - income. The paper concludes with some evidence on - the excess sensitivity question, why it is that - consumption responds to anticipated changes in - income. Monte Carlo evidence supports the suggestion - made by Mankiw and Shapiro that the presence of time - trends can cause severe problems of inference in - models containing variables with unit roots, but the - results makeit seem unlikely that this is the cause - of the widespread excess sensitivity findings.}, - file = {deatonLifeCycle.pdf:deatonLifeCycle.pdf:PDF}, - journal = {Advances in econometrics. 2}, - pages = {121}, - publisher = {Cambridge University Press}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w1910}, - volume = {2}, -} - -@Article{cdSmooth, - author = {Campbell, John and Deaton, Angus}, - title = {{W}hy is {C}onsumption {S}o {S}mooth?}, - journal = {The Review of Economic Studies}, - year = {1989}, - volume = {56}, - number = {3}, - pages = {357--373}, - month = {jul}, - issn = {0034-6527}, - note = {\url{http://www.jstor.org/stable/2297552}}, - abstract = {For thirty years it has been accepted that - consumption is smooth because permanent income is - smoother than measured income. This paper considers - the evidence for the contrary position, that - permanent income is in fact less smooth than - measured income, so that the smoothness of - consumption cannot be straightforwardly explained by - permanent income theory. The paper argues that in - postwar U.S. quarterly data, consumption is smooth - because it responds with a lag to changes in - income.}, - bdsk-url-1 = {http://links.jstor.org/sici?sici=0034-6527%28198907%2956%3A3%3C357%3AWICSS%3E2.0.CO%3B2-V}, - copyright = {Copyright 1989 The Review of Economic Studies Ltd.}, - date-modified = {2011-10-14 19:47:51 -0400}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cdSmooth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cdSmooth.pdf:PDF;cdSmooth.pdf:cdSmooth.pdf:PDF}, - jstor_articletype = {Full Length Article}, - jstor_date = {198907}, - jstor_formatteddate = {Jul., 1989}, - publisher = {The Review of Economic Studies Ltd.}, - url = {http://www.jstor.org/stable/2297552}, -} - -@Article{deatonLDCs, - author = {Deaton, Angus}, - title = {{H}ousehold {S}aving in {LDC}s: {C}redit {M}arkets, {I}nsurance and {W}elfare}, - journal = {The Scandinavian Journal of Economics}, - year = {1992}, - volume = {94}, - number = {2}, - pages = {pp. 253-273}, - issn = {03470520}, - abstract = {Some ways in which farmers in LDCs can protect their - living standards against fluctuations in income are - discussed. After considering the theory of - consumption under uncertainty when there is no or - limited borrowing, the case where some borrowing is - allowed is also examined. Empirical evidence from - some LDCs is used to look at (i) household borrowing - and lending, their importance and timing, and their - role in smoothing consumption, and (ii) the - life-cycle behavior of consumption and income. The - results suggest that ``hump'' life-cycle saving is not - likely to be a very important generator of wealth in - LDCs and provide further evidence on the limited - role of credit markets.}, - copyright = {Copyright © 1992 The Scandinavian Journal of Economics}, - file = {deatonLDCs.pdf:deatonLDCs.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 1992}, - jstor_issuetitle = {Proceedings of a Conference on Savings Behavior: Theory, International Evidence and Policy Implications}, - language = {English}, - publisher = {Wiley on behalf of The Scandinavian Journal of Economics}, - url = {http://www.jstor.org/stable/3440451}, -} - -@Article{dlCommodity, - author = {Deaton, Angus and Laroque, Guy}, - title = {{O}n the {B}ehaviour of {C}ommodity {P}rices}, - journal = {The Review of Economic Studies}, - year = {1992}, - volume = {59}, - number = {1}, - pages = {1-23}, - note = {\url{http://restud.oxfordjournals.org/content/59/1/1.abstract}}, - abstract = {This paper applies the standard rational - expectations competitive storage model to the study - of thirteen commodities. It explains the skewness, - and the existence of rare but violent explosions in - prices, coupled with a high degree of price - autocorrelation in more normal times. A central - feature of the model is the explicit recognition of - the fact that it is impossible for the market as a - whole to carry negative inventories, and this - introduces an essential non-linearity which carries - through into non-linearity of the predicted - commodity price series. For most of the thirteen - commodity prices, the behaviour of prices from one - year to the next conforms to the predictions of the - theory about conditional expectations and - conditional variances. However, given the - non-linearity both of the model and of the actual - prices, such conformity is not enough to ensure that - the theory yields a complete account of the data. In - particular, the analysis does not yield a fully - satisfactory explanation for the high - autocorrelation observed in the data.}, - doi = {10.2307/2297923}, - eprint = {http://restud.oxfordjournals.org/content/59/1/1.full.pdf+html}, - file = {dlCommodity.pdf:dlCommodity.pdf:PDF}, - url = {http://restud.oxfordjournals.org/content/59/1/1.abstract}, -} - -@Article{dpInequality, - author = {Deaton, Angus and Paxson, Christina}, - title = {{I}ntertemporal {C}hoice and {I}nequality}, - journal = {Journal of Political Economy}, - year = {1994}, - volume = {102}, - number = {3}, - pages = {pp. 437-467}, - issn = {00223808}, - abstract = {The permanent income hypothesis implies that, for - any cohort of people born at the same time, - inequality in both consumption and income should - grow with age. We investigate this prediction using - cohort data constructed from 11 years of household - survey data from the United States, 22 years from - Great Britain, and 14 years from Taiwan. The data - show that within-cohort consumption and income - inequality measures do indeed increase with age in - the three economies and that the rate of increase is - similar in all three. According to the permanent - income hypothesis, the increase in inequality - reflects cumulative differences in the effects of - luck on consumption. Other models of intertemporal - choice--such as those with strong precautionary - motives or liquidity constraints--can limit or even - prevent the spread of inequality, as can insurance - arrangements that share risk across individuals. The - evidence on the spread of inequality can therefore - be used to help quantify the extent to which private - and social arrangements moderate the impact of risk - on the distribution of individual welfare.}, - copyright = {Copyright © 1994 The University of Chicago Press}, - file = {dpInequality.pdf:dpInequality.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 1994}, - language = {English}, - publisher = {The University of Chicago Press}, - url = {http://www.jstor.org/stable/2138618}, -} - -@InCollection{dpTaiwan, - author = {Deaton, Angus S. and Christina H. Paxson}, - title = {{S}aving, {G}rowth, and {A}ging in {T}aiwan}, - booktitle = {Studies in the Economics of Aging}, - publisher = {University of Chicago Press}, - year = {1994}, - editor = {Wise, David A.}, - address = {Chicago}, - file = {dpTaiwan.pdf:dpTaiwan.pdf:PDF}, - url = {http://www.nber.org/chapters/c7349.pdf}, -} - -@Article{dpEffects, - author = {{Deaton, Angus S.} and {Christina H. Paxson}}, - title = {{T}he {E}ffects of {E}conomic and {P}opulation {G}rowth on {N}ational {S}aving and {I}nequality}, - journal = {Demography}, - year = {1997}, - volume = {34}, - number = {1}, - pages = {97--114}, - file = {dpEffects.pdf:dpEffects.pdf:PDF}, - url = {http://www.jstor.org/stable/2061662}, -} - -@Article{dpAgingAndInequality, - author = {Deaton, Angus S. and Paxson, Christina H.}, - title = {{A}ging and {I}nequality in {I}ncome and {H}ealth}, - journal = {The American Economic Review}, - year = {1998}, - volume = {88}, - number = {2}, - pages = {pp. 248-253}, - issn = {00028282}, - copyright = {Copyright © 1998 American Economic Association}, - file = {dpAgingAndInequality.pdf:dpAgingAndInequality.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {May, 1998}, - jstor_issuetitle = {Papers and Proceedings of the Hundred and Tenth Annual Meeting of the American Economic Association}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/116928}, -} - -@Article{deatonCommodityAfrica, - author = {Deaton, Angus}, - title = {{C}ommodity {P}rices and {G}rowth in {A}frica}, - journal = {The Journal of Economic Perspectives}, - year = {1999}, - volume = {13}, - number = {3}, - pages = {pp. 23-40}, - issn = {08953309}, - copyright = {Copyright © 1999 American Economic Association}, - file = {deatonCommodityAfrica.pdf:deatonCommodityAfrica.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Summer, 1999}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2646983}, -} - -@Book{deatonHH, - title = {{T}he {A}nalysis {O}f {H}ousehold {S}urveys: {A} {M}icroeconometric {A}pproach {T}o {D}evelopment {P}olicy}, - publisher = {Johns Hopkins Univ. Press}, - year = {2000}, - author = {Deaton, Angus S.}, - address = {Baltimore, MD}, - edition = {3. printing}, - isbn = {0801852544}, - biburl = {http://www.bibsonomy.org/bibtex/26f2f87784d59d86af8c471e5857865a0/fbw_hannover}, - url = {http://gso.gbv.de/DB=2.1/CMD?ACT=SRCHA&SRT=YOP&IKT=1016&TRM=ppn+485128217&sourceid=fbw_bibsonomy}, -} - -@Article{dpCohort, - author = {{Deaton, Angus S.} and {Christina H. Paxson}}, - title = {{S}aving and {G}rowth: {A}nother {L}ook at the {C}ohort {E}vidence}, - journal = {Manuscript, Princeton University}, - year = {1998}, - file = {dpCohort.pdf:dpCohort.pdf:PDF}, - url = {http://www.princeton.edu/rpds/papers/pdfs/deaton_paxson_saving_growth.pdf}, -} - -@Article{dpGrowthSaving, - author = {Deaton, Angus and Paxson, Christina}, - title = {{G}rowth and {S}aving {A}mong {I}ndividuals and {H}ouseholds}, - journal = {Review of Economics and Statistics}, - year = {2000}, - volume = {82}, - number = {2}, - pages = {212--25}, - file = {dpGrowthSaving.pdf:dpGrowthSaving.pdf:PDF}, - url = {http://www.princeton.edu/~deaton/downloads/Growth_and_Saving_Among_Individuals_and_Households.pdf}, -} - -@Article{dlHousingGrowth, - author = {Deaton, Angus and Laroque, Guy}, - title = {{H}ousing, {L}and {P}rices, and {G}rowth}, - journal = {Journal of Economic Growth}, - year = {2001}, - volume = {6}, - number = {2}, - pages = {pp. 87--105}, - issn = {13814338}, - abstract = {We consider the effects of land for housing on the - growth process within an overlapping generations - model. Our original interest was to enquire whether - the introduction of land into a growth model might - account for a ''virtuous'' circle in which saving-up - for land (or housing) generates growth and higher - land prices, generating further increases in saving, - and so on. Such an account is sometimes proposed for - high saving rates in East Asia, where mortgage - markets are limited or absent. Our analysis does not - support such a story. The user cost of land reduces - the resources available for consumption of - reproducible goods, so that the introduction of - intrinsically valuable land into a growth model - lowers the equilibrium stock of capital and raises - the equilibrium interest rate. On the asset side, - the presence of land causes life-cycle savings to be - reallocated away from productive capital towards - land. The social optimum in such a model is for land - to be nationalized and provided at zero rent. Land - markets, far from generating saving and growth, are - inimical to capital formation.}, - copyright = {Copyright © 2001 Springer}, - file = {dlHousingGrowth.pdf:dlHousingGrowth.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 2001}, - language = {English}, - publisher = {Springer}, - url = {http://www.jstor.org/stable/40215868}, -} - -@Article{deatonHealthInequality, - author = {Deaton, Angus}, - title = {{H}ealth, {I}nequality, and {E}conomic {D}evelopment}, - journal = {The Journal of Economic Literature}, - year = {2003}, - volume = {41}, - number = {1}, - pages = {113--158}, - file = {deatonHealthInequality.pdf:deatonHealthInequality.pdf:PDF}, - url = {http://www.aeaweb.org/articles.php?doi=10.1257/002205103321544710}, -} - -@InCollection{dcBrokenDown, - author = {Case, Anne and Deaton, Angus S}, - title = {{B}roken down by work and sex: {H}ow our health declines}, - booktitle = {Analyses in the Economics of Aging}, - publisher = {University of Chicago Press}, - year = {2005}, - pages = {185--212}, - file = {dcBrokenDown.pdf:dcBrokenDown.pdf:PDF}, -} - -@Article{deatonMeasuringPoverty, - author = {Deaton, Angus}, - title = {{M}easuring {P}overty in a {G}rowing {W}orld ({O}r {M}easuring {G}rowth in a {P}oor {W}orld)}, - journal = {The Review of Economics and Statistics}, - year = {2005}, - volume = {87}, - number = {1}, - pages = {pp. 1-19}, - issn = {00346535}, - abstract = {The extent to which growth reduces global poverty - has been disputed for 30 years. Although there are - better data than ever before, controversies are not - resolved. A major problem is that consumption - measured from household surveys, which is used to - measure poverty, grows less rapidly than consumption - measured in national accounts, in the world as a - whole and in large countries, particularly India, - China, and the United States. In consequence, - measured poverty has fallen less rapidly than - appears warranted by measured growth in poor - countries. One plausible cause is that richer - households are less likely to participate in - surveys. But growth in the national accounts is also - upward biased, and consumption in the national - accounts contains large and rapidly growing items - that are not consumed by the poor and not included - in surveys. So it is possible for consumption of the - poor to grow less rapidly than national consumption, - without any increase in measured inequality. Current - statistical procedures in poor countries understate - the rate of global poverty reduction, and overstate - growth in the world.}, - copyright = {Copyright © 2005 The MIT Press}, - file = {deatonMeasuringPoverty.pdf:deatonMeasuringPoverty.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Feb., 2005}, - language = {English}, - publisher = {The MIT Press}, - url = {http://www.jstor.org/stable/40042916}, -} - -@Article{cdlMortality, - author = {Cutler, David and Deaton, Angus and Lleras-Muney, Adriana}, - title = {{T}he {D}eterminants of {M}ortality}, - journal = {The Journal of Economic Perspectives}, - year = {2006}, - volume = {20}, - number = {3}, - pages = {97-120}, - abstract = {The pleasures of life are worth nothing if one is - not alive to experience them. Through the twentieth - century in the United States and other high-income - countries, growth in real incomes was accompanied by - a historically unprecedented decline in mortality - rates that caused life expectancy at birth to grow - by nearly 30 years. In the years just after World - War II, life expectancy gaps between countries were - falling across the world. Poor countries enjoyed - rapid increases in life-expectancy through the - 1970s, with the gains in some cases exceeding an - additional year of life expectancy per year, though - the HIV/AIDS epidemic and the transition in Russia - and Eastern Europe have changed that situation. We - investigate the determinants of the historical - decline in mortality, of differences in mortality - across countries, and of differences in mortality - across groups within countries. A good theory of - mortality should explain all of the facts we - will outline. No such theory exists at present, but - at the end of the paper we will sketch a tentative - synthesis.}, - doi = {10.1257/089533006780387634}, - file = {cdlMortality.pdf:cdlMortality.pdf:PDF}, - url = {http://www.ingentaconnect.com/content/aea/jep/2006/00000020/00000003/art00005}, -} - -@Article{deatonHuman, - author = {Deaton, Angus S}, - title = {{A}re economists human?}, - journal = {The Lancet}, - year = {2009}, - volume = {374}, - number = {9701}, - pages = {1585--1586}, - file = {deatonHuman.pdf:deatonHuman.pdf:PDF}, - publisher = {Elsevier}, - url = {http://www.lancet.com/journals/lancet/article/PIIS0140-6736(09)61936-X}, -} - -@Article{deatonInstruments, - author = {Deaton, Angus}, - title = {{I}nstruments, {R}andomization, and {L}earning about {D}evelopment}, - journal = {Journal of Economic Literature}, - year = {2010}, - volume = {48}, - number = {2}, - pages = {pp. 424-455}, - issn = {00220515}, - abstract = {There is currently much debate about the - effectiveness of foreign aid and about what kind of - projects can engender economic development. There - is skepticism about the ability of econometric - analysis to resolve these issues or of development - agencies to learn from their own experience. In - response, there is increasing use in development - economics of randomized controlled trials (RCTs) to - accumulate credible knowledge of what works, without - overreliance on questionable theory or statistical - methods. When RCTs are not possible, the proponents - of these methods advocate quasirandomization through - instrumental variable (IV) techniques or natural - experiments. I argue that many of these applications - are unlikely to recover quantities that are useful - for policy or understanding: two key issues are the - misunderstanding of exogeneity and the handling of - heterogeneity. I illustrate from the literature on - aid and growth. Actual randomization faces similar - problems as does quasi-randomization, - notwithstanding rhetoric to the contrary. I argue - that experiments have no special ability to produce - more credible knowledge than other methods, and that - actual experiments are frequently subject to - practical problems that undermine any claims to - statistical or epistemic superiority. I illustrate - using prominent experiments in development and - elsewhere. As with IV methods, RCT-based evaluation - of projects, without guidance from an understanding - of underlying mechanisms, is unlikely to lead to - scientific progress in the understanding of economic - development. I welcome recent trends in development - experimentation away from the evaluation of projects - and toward the evaluation of theoretical - mechanisms.}, - copyright = {Copyright © 2010 American Economic Association}, - file = {deatonInstruments.pdf:deatonInstruments.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {JUNE 2010}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/20778731}, -} - -@Article{deatonMechanisms, - author = {Deaton, Angus}, - title = {{U}nderstanding the {M}echanisms of {E}conomic {D}evelopment}, - journal = {The Journal of Economic Perspectives}, - year = {2010}, - volume = {24}, - number = {3}, - pages = {3--16}, - file = {deatonMechanisms.pdf:deatonMechanisms.pdf:PDF}, - publisher = {American Economic Association}, - url = {http://www.aeaweb.org/articles.php?doi=10.1257/jep.24.3.3}, -} - -@Article{dkWellBeing, - author = {Kahneman, Daniel and Deaton, Angus}, - title = {{H}igh income improves evaluation of life but not emotional well-being}, - journal = {Proceedings of the National Academy of Sciences}, - year = {2010}, - volume = {107}, - number = {38}, - pages = {16489-16493}, - abstract = {Recent research has begun to distinguish two aspects - of subjective well-being. Emotional well-being - refers to the emotional quality of an individual's - everyday experience—the frequency and intensity of - experiences of joy, stress, sadness, anger, and - affection that make one's life pleasant or - unpleasant. Life evaluation refers to the thoughts - that people have about their life when they think - about it. We raise the question of whether money - buys happiness, separately for these two aspects of - well-being. We report an analysis of more than - 450,000 responses to the Gallup-Healthways - Well-Being Index, a daily survey of 1,000 US - residents conducted by the Gallup Organization. We - find that emotional well-being (measured by - questions about emotional experiences yesterday) and - life evaluation (measured by Cantril's - Self-Anchoring Scale) have different - correlates. Income and education are more closely - related to life evaluation, but health, care giving, - loneliness, and smoking are relatively stronger - predictors of daily emotions. When plotted against - log income, life evaluation rises - steadily. Emotional well-being also rises with log - income, but there is no further progress beyond an - annual income of \$75,000. Low income exacerbates - the emotional pain associated with such misfortunes - as divorce, ill health, and being alone. We conclude - that high income buys life satisfaction but not - happiness, and that low income is associated both - with low life evaluation and low emotional - well-being.}, - doi = {10.1073/pnas.1011492107}, - eprint = {http://www.pnas.org/content/107/38/16489.full.pdf+html}, - file = {dkWellBeing.pdf:dkWellBeing.pdf:PDF}, - url = {http://www.pnas.org/content/107/38/16489.abstract}, -} - -@Article{ssbdWellbeing, - author = {Stone, Arthur A and Schwartz, Joseph E and Broderick, Joan E and Deaton, Angus}, - title = {{A} {S}napshot {O}f {T}he {A}ge {D}istribution {O}f {P}sychological {W}ell-{B}eing {I}n {T}he {U}nited {S}tates}, - journal = {Proceedings of the National Academy of Sciences}, - year = {2010}, - volume = {107}, - number = {22}, - pages = {9985--9990}, - file = {ssbdWellbeing.pdf:ssbdWellbeing.pdf:PDF}, - publisher = {National Acad Sciences}, -} - -@Article{deatonHealthInjustice, - author = {Deaton, Angus}, - title = {{W}hat does the empirical evidence tell us about the injustice of health inequalities?}, - journal = {Available at SSRN 1746951}, - year = {2011}, - file = {deatonHealthInjustice.pdf:deatonHealthInjustice.pdf:PDF}, - url = {http://wws-roxen.princeton.edu/chwpapers/papers/What_does_the_empirical_evidence_tell_us_about_the_injustice.pdf}, -} - -@InCollection{deatonReligion, - author = {Deaton, Angus}, - title = {{A}ging, {R}eligion, and {H}ealth}, - booktitle = {Explorations in the Economics of Aging}, - publisher = {University of Chicago Press}, - year = {2011}, - pages = {237--262}, - file = {deatonReligion.pdf:deatonReligion.pdf:PDF}, - url = {http://www.nber.org/chapters/c11944.pdf}, -} - -@Article{deatonCrisis, - author = {Deaton, Angus}, - title = {{T}he financial crisis and the well-being of {A}mericans: 2011 {OEP} {H}icks {L}ecture}, - journal = {Oxford Economic Papers}, - year = {2012}, - volume = {64}, - number = {1}, - pages = {1-26}, - abstract = {I use daily data on self-reported well-being (SWB) - to examine how the Great Recession affected the - emotional and evaluative lives of the population. In - the fall of 2008 and lasting into the spring of - 2009, at the bottom of the stock market, Americans - reported sharp declines in their life evaluation, - sharp increases in worry and stress, and declines in - positive affect. By the end of 2010, in spite of - continuing high unemployment, these measures had - largely recovered. The SWB measures do a better job - of monitoring short-run levels of anxiety than the - medium-term evolution of the economy. Even very - large macroeconomic shocks will cause small and hard - to detect effects on SWB. Life evaluation questions - are extremely sensitive to question order - effects—asking political questions first reduces - reported life evaluation by an amount that dwarfs - the effects of even the worst of the crisis.}, - doi = {10.1093/oep/gpr051}, - eprint = {http://oep.oxfordjournals.org/content/64/1/1.full.pdf+html}, - file = {deatonCrisis.pdf:deatonCrisis.pdf:PDF}, - url = {http://oep.oxfordjournals.org/content/64/1/1.abstract}, -} - -@Article{dsHappiness, - author = {Deaton, Angus and Stone, Arthur A}, - title = {{T}wo {H}appiness {P}uzzles}, - journal = {American Economic Review Papers and Proceedings}, - year = {2013}, - file = {dsHappiness.pdf:dsHappiness.pdf:PDF}, -} - -@Article{agAssetReturns, - author = {Aiyagari, S. Rao and Gertler, Mark}, - title = {Asset Returns with Transactions Costs and Uninsured Individual Risk}, - journal = {Journal of Monetary Economics}, - year = {1990}, - pages = {311--331}, -} - -@TechReport{amCreditAndC, - author = {Aron, Janine and Muellbauer, John}, - title = {Housing Wealth, Credit Conditions and Consumption}, - institution = {Centre for the Study of African Economies, Oxford University}, - year = {2006}, - type = {working paper}, - number = {9}, - month = {June}, -} - -@Article{arrowGrowth, - author = {Arrow, Kenneth J.}, - title = {The Economic Implications of Learning by Doing}, - journal = {Review of Economic Studies}, - year = {1962}, - volume = {29}, - number = {3}, - pages = {155--173}, - month = {June}, - bdsk-url-1 = {http://links.jstor.org/sici?sici=0034-6527%28196206%2929%3A3%3C155%3ATEIOLB%3E2.0.CO%3B2-%23}, - citeulike-article-id = {681}, - keywords = {doing learning}, - url = {http://links.jstor.org/sici?sici=0034-6527%28196206%2929%3A3%3C155%3ATEIOLB%3E2.0.CO%3B2-%23}, -} - -@Article{Bacchetta1997, - author = {Philippe Bacchetta and Stefan Gerlach}, - title = {Consumption and Credit Constraints: International Evidence}, - journal = {Journal of Monetary Economics}, - year = {1997}, - volume = {40}, - pages = {207--238}, -} - -@Article{baiPanel, - author = {Bai, Jushan}, - title = {Estimating Cross-section Common Stochastic Trends in Nonstationary Panel Data}, - journal = {Journal of Econometrics}, - year = {2004}, - volume = {122}, - pages = {137--183}, -} - -@Article{baiFactors, - author = {Bai, Jushan}, - title = {Inferential Theory for Factor Models of Large Dimensions}, - journal = {Econometrica}, - year = {2003}, - volume = {71}, - pages = {135--171}, -} - -@Article{Bai2002, - author = {Jushan Bai and Serena Ng}, - title = {Determining the Number of Factors in Approximate Factor Models}, - journal = {Econometrica}, - year = {2002}, - volume = {70}, - pages = {191--221}, -} - -@InCollection{ball:sacrifice, - author = {Ball, Laurence}, - title = {What Determines the Sacrifice Ratio?}, - booktitle = {Monetary Policy}, - publisher = {University of Chicago Press}, - year = {1994)}, - editor = {Mankiw, N. Gregory}, - chapter = {5}, - address = {(Chicago:}, -} - -@Article{batchelorInflation, - author = {Ray Batchelor and A. Orr}, - title = {Inflation Expectations Revisited}, - journal = {Economica}, - year = {1988}, - volume = {55}, - pages = {17--31}, -} - -@Article{bkBootstrap, - author = {Jeremy Berkowitz and Lutz Kilian}, - title = {Recent Developments in Bootstrapping Time Series}, - journal = {Econometric Reviews}, - year = {2000}, - volume = {19}, - pages = {1--48}, -} - -@Article{bbDataRich, - author = {Bernanke, Ben and Boivin, Jean}, - title = {Monetary Policy in a Data-Rich Environment}, - journal = {Journal of Monetary Economics}, - year = {2003}, - volume = {50}, - pages = {525--546}, -} - -@TechReport{ber02, - author = {Carol Bertaut}, - title = {Equity Prices, Household Wealth, and Consumption Growth in Foreign Industrial Countries: Wealth Effects in the 1990s}, - institution = {Federal Reserve Board}, - year = {2002}, - type = {IFDP working paper}, - number = {724}, -} - -@Article{bnMoreBetter, - author = {Boivin, Jean and Ng, Serena}, - title = {Are More Data Always Better for Factor Analysis?}, - journal = {Journal of Econometrics}, - year = {2005}, - volume = ..., - pages = {...}, -} - -@Article{bxTayVsCay, - author = {Michael J. Brennan and Y. Xia}, - title = {Tay's as Good as Cay}, - journal = {Finance Research Letters}, - year = {2005}, - volume = {2}, - pages = {1--14}, - note = {\url{http://dx.doi.org/10.1016/j.frl.2004.10.001}}, - doi = {doi:10.1016/j.frl.2004.10.001}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bxTayVsCay.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bxTayVsCay.pdf:PDF}, - url = {http://dx.doi.org/10.1016/j.frl.2004.10.001}, -} - -@Article{browningCollado:AntIncChanges, - author = {Browning, Martin and Collado, M. Dolores}, - title = {The Response of Expenditures to Anticipated Income Changes: Panel Data Estimates}, - journal = {American Economic Review}, - year = {2001}, - volume = {91}, - number = {3}, - pages = {681--692}, - month = aug, -} - -@Article{bd03, - author = {Joseph P. Byrne and E. Phillip Davis}, - title = {Disaggregate Wealth and Aggregate Consumption: An Investigation of Empirical Relationships for the G7}, - journal = {Oxford Bulletin of Economics and Statistics}, - year = {2003}, - volume = {65}, - number = {2}, - pages = {197--220}, - month = {05}, -} - -@Article{cc07_microWealthE, - author = {John Y. Campbell and {Jo\~ao} F. Cocco}, - title = {How Do House Prices Affect Consumption? Evidence from Micro Data}, - journal = {Journal of Monetary Economics}, - year = {2007}, - volume = {54}, - number = {3}, - pages = {591--621}, - note = {forthcoming}, -} - -@Article{Carlson1975, - author = {J. Carlson and M. Parkin}, - title = {Inflation Expectations}, - journal = {Economica}, - year = {1975}, - volume = {42}, - pages = {123--137}, -} - -@Article{2PeriodLCModel, - author = {Carroll, Christopher D.}, - title = {The Random Walk Model of Consumption}, - journal = {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/2PeriodLCModel% .pdf}, - year = {2006}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/2PeriodLCModel.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/2PeriodLCModel.pdf}, -} - -@Article{BufferStockAgeProfiles, - author = {Carroll, Christopher D.}, - title = {BufferStockAgeProfiles}, - journal = {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/BufferStockAge% Profiles.pdf}, - year = {2006}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/BufferStockAgeProfiles.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/ - consumption/BufferStockAgeProfiles.pdf}, -} - -@Article{EpiOfC, - author = {Carroll, Christopher D.}, - title = {Sticky Expectations and Consumption Dynamics}, - journal = {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/EpiOfC.pdf}, - year = {2006}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/EpiOfC.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/lecturenotes/consumption/EpiOfC.pdf}, -} - -@Article{carroll:epidemicInflQJE, - author = {Carroll, Christopher D.}, - title = {{M}acroeconomic {E}xpectations of {H}ouseholds and {P}rofessional {F}orecasters}, - journal = {Quarterly Journal of Economics}, - year = {2003}, - volume = {118}, - number = {1}, - pages = {269--298}, - note = {\href{http://econ.jhu.edu/people/ccarroll/epidemiologyQJE.pdf}{[PDF]},\href{http://econ.jhu.edu/people/ccarroll/Epidemiology.zip}{[Code]}}, - url = {http://econ.jhu.edu/people/ccarroll/epidemiologyQJE.pdf}, -} - -@Article{carroll:epidemicinfljhu, - author = {Carroll, Christopher D.}, - title = {The Epidemiology of Macroeconomic Expectations}, - journal = {Johns Hopkins University Economics Department Working Paper Number 462}, - year = {2002}, - month = {December}, -} - -@Article{carrollRequiem, - author = {Carroll, Christopher D.}, - title = {Requiem for the Representative Consumer? Aggregate Implications of Microeconomic Consumption Behavior}, - journal = {American Economic Review}, - year = {2000}, - volume = {90}, - number = {2}, - pages = {110--115}, - month = {May}, - note = {At \url{http://econ.jhu.edu/people/ccarroll/RequiemFull.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/RequiemFull.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/RequiemFull.pdf}, -} - -@Article{carrollRequiemNoNotes, - author = {Carroll, Christopher D.}, - title = {Requiem for the Representative Consumer? Aggregate Implications of Microeconomic Consumption Behavior}, - journal = {American Economic Review}, - year = {2000}, - volume = {90}, - number = {2}, - pages = {110--115}, - month = {May}, - note = {At \url{http://econ.jhu.edu/people/ccarroll/RequiemFull.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/RequiemFull.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/RequiemFull.pdf}, -} - -@article{carroll2011large, - title={How large are housing and financial wealth effects? A new approach}, - author={Carroll, Christopher D and Otsuka, Misuzu and Slacalek, Jiri}, - journal={Journal of Money, Credit and Banking}, - volume={43}, - number={1}, - pages={55--79}, - year={2011}, - publisher={Wiley Online Library} -} - -@article{cosHousingWealth, - title={How large are housing and financial wealth effects? A new approach}, - author={Carroll, Christopher D and Otsuka, Misuzu and Slacalek, Jiri}, - journal={Journal of Money, Credit and Banking}, - volume={43}, - number={1}, - pages={55--79}, - year={2011}, - publisher={Wiley Online Library} -} - -@TechReport{cosHowLargeWP, - author = {Carroll, Christopher D. and Otsuka, Misuzu and Slacalek, Jiri}, - title = {How Large Is the Housing Wealth Effect? A New Approach}, - institution = {Johns Hopkins University}, - year = {2006}, - type = {Working Paper No. 535}, - number = {12746}, - address = {\href{http://www.econ.jhu.edu/pdf/papers/wp535carroll.pdf}{www.econ.jhu.edu/pdf/papers/wp535carroll.pdf}}, - month = {October}, -} - -@TechReport{cssIntlStickyCECB, - author = {Carroll, Christopher D. and Slacalek, Jiri and Sommer, Martin}, - title = {International evidence on sticky consumption growth}, - institution = {European Central Bank}, - year = {2008}, - type = {Working Paper Series}, - number = {886}, - month = Mar, - bdsk-url-1 = {http://ideas.repec.org/p/ecb/ecbwps/20080886.html}, - score = {80}, - url = {http://ideas.repec.org/p/ecb/ecbwps/20080886.html}, -} - -@Article{cstStickyC, - author = {Carroll, Christopher D. and Slacalek, Jiri and Tokuoka, Kiichi}, - title = {Sticky Expectations and Consumption Dynamics}, - journal = {Manuscript, Johns Hopkins University}, - year = {2011}, - note = {\url{http://llorracc.net/Hidden/Papers/cstStickyC}}, - bdsk-url-1 = {http://llorracc.net/Hidden/Papers/cstStickyC.pdf}, - url = {http://llorracc.net/Hidden/Papers/cstStickyC.pdf}, -} - -@Article{crFactor, - author = {Chamberlain, Gary and Rothschild, Michael}, - title = {Arbitrage Factor Stucture, and Mean--Variance Analysis of Large Asset Markets}, - journal = {Econometrica}, - year = {1983}, - pages = {1281--1304}, -} - -@Article{chPooling, - author = {Michael P. Clements and David F. Hendry}, - title = {Pooling of Forecasts}, - journal = {The Econometrics Journal}, - year = {2004}, - volume = {7(1)}, - pages = {1--31}, -} - -@Article{coccoPortfolioHousing, - author = {{Jo\~ao} F. Cocco}, - title = {Portfolio Choice in the Presence of Housing}, - journal = {Review of Financial Studies}, - year = {2005}, - volume = {18}, - pages = {535--567}, -} - -@Article{csInflation, - author = {Cogley, Timothy and Sargent, Thomas}, - title = {Evolving Post World War II US Inflation Dynamics}, - journal = {NBER Macroeconomics Annual}, - year = {2001}, - volume = {16}, - pages = {331--373}, -} - -@Article{croushore:introSPF, - author = {Croushore, Dean}, - title = {Introducing: The Survey of Professional Forecasters}, - journal = {Federal Reserve Bank of Philadelphia Business Review}, - year = {1993}, - volume = {November/December}, - pages = {3--15}, - month = {November/December}, -} - -@Article{ddfsSticky, - author = {J{\"}org D{\"}opke and Jonas Dovern and Ulrich Fritsche and Jiri Slacalek}, - title = {Sticky Information Phillips Curves: European Evidence}, - journal = {Journal of Money, Credit, and Banking}, - year = {2008}, - volume = {40}, - pages = {1513--1520}, -} - -@InProceedings{dsAssetBooms, - author = {Detken, Carsten and Smets, Frank}, - title = {Asset Price Booms and Monetary Policy}, - booktitle = {Macroeconomic Policies in the World Economy}, - year = {2004}, - editor = {Siebert, Horst}, - pages = {189--227}, - publisher = {Springer}, -} - -@Article{dhj:houseprices, - author = {Richard Disney and John Gathergood and Andrew Henley}, - title = {House Price Shocks, Negative Equity and Household Consumption in the United Kingdom}, - journal = {Journal of the European Economic Association}, - year = {2010}, - volume = {8}, - number = {6}, - pages = {1179--1207}, - month = {December}, - institution = {University of Nottingham}, -} - -@TechReport{dvornak&kohler:wealtheffects, - author = {Nikola Dvornak and Marion Kohler}, - title = {Housing Wealth, Stock Market Wealth and Consumption: A Panel Analysis for Australia}, - institution = {Reserve Bank of Australia}, - year = {2003}, - type = {Reserve Bank of Australia Discussion Paper}, - number = {23}, - month = Jul, -} - -@Article{engelhardtHandS, - author = {Gary V. Engelhardt}, - title = {House Prices and Home Owner Saving Behavior}, - journal = {Regional Science and Urban Economics}, - year = {1996}, - volume = {26}, - pages = {313--336}, -} - -@Article{fcHabits, - author = {Ferson, Wayne and Constantinides, George M.}, - title = {Habit Persistence and Durability in Aggregate Consumption}, - journal = {Journal of Financial Economics}, - year = {1991}, - volume = {29}, - number = {2}, - pages = {199--240}, -} - -@Article{Forni1998, - author = {Forni, Mario and Reichlin, Lucrezia}, - title = {Let's Get Real: A Dynamic Factor Analytical Approach to Disaggregated Business Cycle}, - journal = {Review of Economic Studies}, - year = {1998}, - volume = {65}, - pages = {453--474}, -} - -@TechReport{girouard&blondal:houseprices, - author = {Girouard, Nathalie and Bl{{\"}o}ndal, Sveinbj{{\"}o}rn}, - title = {House Price and Economic Activity}, - institution = {OECD Economics Department}, - year = {2001}, - type = {OECD Economics Department Working Paper}, - number = {279}, - month = Jan, -} - -@Book{ghjPortfolios, - title = {Household Portfolios}, - publisher = {MIT Press}, - year = {2001}, - author = {Guiso, Luigi and Haliassos, Michael and Jappelli, Tullio}, -} - -@Article{guvenen, - author = {Guvenen, Fatih}, - title = {An Empirical Investigation of Labor Income Processes}, - journal = {Review of Economic Dynamics}, - year = {2009}, - volume = {12}, - number = {1}, - pages = {58--79}, -} - -@Article{hlRiskSharing, - author = {Heaton, John and Lucas, Deborah J.}, - title = {Evaluating the Effects of Incomplete Markets on Risk Sharing and Asset Pricing}, - journal = {Journal of Political Economy}, - year = {1996}, - volume = {104}, - pages = {443--487}, -} - -@Article{Kaplan:2012hs, - author = {Kaplan, Greg}, - title = {{Inequality and the life cycle}}, - journal = {Quantitative Economics}, - year = {2012}, - volume = {3}, - number = {3}, - pages = {471--525}, - month = nov, - date-added = {2013-04-07T22:40:17GMT+00:00}, - date-modified = {2013-04-07T23:27:49GMT+00:00}, - doi = {10.3982/QE200}, - file = {{Quantitative_Economics_2012_Kaplan.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Kaplan/Quantitative_Economics_2012_Kaplan.pdf:application/pdf}}, - language = {English}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Kaplan/Quantitative_Economics_2012_Kaplan.pdf}, - publisher = {Wiley Online Library}, - rating = {0}, - read = {Yes}, - uri = {\url{papers2://publication/doi/10.3982/QE200}}, - url = {http://doi.wiley.com/10.3982/QE200}, -} - -@Article{kennickell, - author = {Kennickell, Arthur B.}, - title = {Saving and Permanent Income: Evidence from the 1992 SCF}, - journal = {Board of Governors of the Federal Reserve System}, - year = {1995}, -} - -@Article{Levin2001, - author = {Laurence Levin}, - title = {Are Assets Fungible? Testing the Behavioral Theory of Life Cycle Saving}, - journal = {Journal of Economic Behavior and Organization}, - year = {2001}, - volume = {36}, - pages = {59--83}, -} - -@Article{lev02, - author = {Levine, Ross}, - title = {Bank-Based or Market-Based Financial Systems: Which Is Better?}, - journal = {Journal of Financial Intermediation}, - year = {2002}, - volume = {11}, - pages = {1--30}, -} - -@Article{lucas:imperfectInfo, - author = {Lucas, Robert E.}, - title = {Some International Evidence on Output-Inflation Tradeoffs}, - journal = {American Economic Review}, - year = {1973}, - volume = {63}, - number = {3}, - pages = {326--334}, - month = {June}, -} - -@TechReport{ls02, - author = {Ludwig, Alexander and {Sl{\o}k}, Torsten}, - title = {The Impact of Changes in Stock Prices and House Prices on Consumption in OECD Countries}, - institution = {International Monetary Fund}, - year = {2002}, - type = {IMF woking paper}, - number = {1}, -} - -@Article{lusardi, - author = {Lusardi, Annamaria}, - title = {Permanent Income, Current Income, and Consumption: Evidence from Two Panel Data Sets}, - journal = {Journal of Business and Economic Statistics}, - year = {1996}, - volume = {14}, - number = {1}, - pages = {81--90}, - month = {January}, -} - -@Article{mankiwEtAl03, - author = {N. Gregory Mankiw and Ricardo Reis and Justin Wolfers}, - title = {Disagreement on Inflation Expectations}, - journal = {NBER Macroeconomics Annual}, - year = {2003}, - pages = {209--248}, -} - -@Article{prescott, - author = {Prescott, Edward C.}, - title = {Theory Ahead of Business Cycle Measurement}, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = {1986}, - volume = {25}, - pages = {11--44}, - note = {\url{http://ideas.repec.org/p/fip/fedmsr/102.html}}, - bdsk-url-1 = {http://ideas.repec.org/p/fip/fedmsr/102.html}, - url = {http://ideas.repec.org/p/fip/fedmsr/102.html}, -} - -@Article{prescottTheoryAhead, - author = {Prescott, Edward C.}, - title = {Theory Ahead of Business Cycle Measurement}, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = 1986, - volume = 25, - pages = {11--44}, - note = {\url{http://ideas.repec.org/p/fip/fedmsr/102.html}}, - bdsk-url-1 = {http://ideas.repec.org/p/fip/fedmsr/102.html}, - url = {http://ideas.repec.org/p/fip/fedmsr/102.html}, -} - -@Article{reis:inpro, - author = {Ricardo Reis}, - title = {Inattentive Producers}, - journal = {Review of Economic Studies}, - year = {2006}, - volume = {73}, - number = {3}, - pages = {793--821}, -} - -@Article{reisInattentiveC, - author = {Reis, Ricardo}, - title = {Inattentive Consumers}, - journal = {Journal of Monetary Economics}, - year = {2006}, - volume = {53}, - number = {8}, - pages = {1761--1800}, - month = {November}, - bdsk-url-1 = {http://ideas.repec.org/a/eee/moneco/v53y2006i8p1761-1800.html}, - publisher = {Elsevier}, - url = {http://ideas.repec.org/a/eee/moneco/v53y2006i8p1761-1800.html}, -} - -@Article{frederickLoewensteinODonogue:discountReview, - author = {Shane Frederick and George Loewenstein and Ted {O'Donogue}}, - title = {Time Discounting and Time Preference: A Critical Review}, - journal = {Journal of Economic Literature}, - year = {2002}, - volume = {XL}, - number = {2}, - pages = {351--401}, - issn = {00220515}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2698382}, -} - -@Article{floDiscounting, - author = {Shane Frederick and George Loewenstein and Ted {O'Donogue}}, - title = {Time Discounting and Time Preference: A Critical Review}, - journal = {Journal of Economic Literature}, - year = {2002}, - volume = {XL}, - number = {2}, - pages = {351--401}, - issn = {00220515}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2698382}, -} - -@Book{lsamuelsonEvolutionary, - title = {Evolutionary Games and Equilibrium Selection}, - publisher = {Princeton University Press}, - year = {1997}, - author = {Samuelson, Larry}, - address = {Cambridge}, -} - -@Article{samuelsonOLG, - author = {Samuelson, Paul A.}, - title = {An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money}, - journal = {Journal of Political Economy}, - year = {1958}, - volume = {66}, - number = {6}, - pages = {467--482}, - issn = {00223808, 1537534X}, - publisher = {University of Chicago Press}, - url = {http://www.jstor.org/stable/1826989}, -} - -@Book{shillerIEed2, - title = {Irrational Exuberance}, - publisher = {Princeton University Press}, - year = {2005}, - author = {Shiller, Robert J.}, - edition = {2}, - month = {March}, - date = {2005}, -} - -@Article{SongStorenslettenZilibotti11, - author = {Song, Zheng and Storesletten, Kjetil and Zilibotti, Fabrizio}, - title = {Growing Like China}, - journal = {The American Economic Review}, - year = {2011}, - volume = {101}, - number = {1}, - pages = {196--233}, -} - -@InProceedings{swIntlBusCyca, - author = {James H. Stock and Mark W. Watson}, - title = {Forecasting with Many Predictors}, - booktitle = {The Handbook of Economic Forecasting}, - year = {2005}, - editor = {Graham Elliott and Clive Granger and Allan Timmermann}, - publisher = {Elsevier/North Holland}, -} - -@Article{Wilcox:92, - author = {Wilcox, David W.}, - title = {The Construction of U.S. Consumption Data: Some Facts and Their Implications for Empirical Work}, - journal = {The American Economic Review}, - year = {1992}, - volume = {82}, - number = {4}, - pages = {922--941}, - month = {September}, -} - -@Article{jwilliamsonKorea, - author = {Williamson, Jeffrey G.}, - title = {Why Do {K}oreans Save 'So Little'?}, - journal = {Journal of Development Economics}, - year = {1979}, - volume = {6}, - pages = {343--362}, - month = {September}, -} - -@InCollection{carroll:richsave, - author = {Carroll, Christopher D.}, - title = {{W}hy {D}o the {R}ich {S}ave {S}o {M}uch?}, - booktitle = {{D}oes {A}tlas {S}hrug? {T}he {E}conomic {C}onsequences of {T}axing the {R}ich}, - publisher = {Harvard University Press}, - year = {2000}, - editor = {Slemrod, Joel B.}, - note = {\url{http://econ.jhu.edu/people/ccarroll/Why.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/Why.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/Why.pdf}, -} - -@Article{summers&carroll:brookings, - author = {Summers, Lawrence H. and Carroll, Christopher D.}, - title = {Why is U.S.\ National Saving So Low?}, - journal = {Brookings Papers on Economic Activity}, - year = {1987}, - volume = {1987}, - number = {2}, - pages = {607--636}, - note = {\url{http://econ.jhu.edu/people/ccarroll/NatSavSoLow.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/NatSavSoLow.pdf}, - url = {http://econ.jhu.edu/people/ccarroll/NatSavSoLow.pdf}, -} - -@InProceedings{mbUtility, - author = {Modigliani, Franco and Brumberg, Richard}, - title = {Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data}, - booktitle = {Post-Keynesian Economics}, - year = {1954}, - editor = {Kurihara, Kenneth K.}, - address = {New Brunswick, NJ}, - publisher = {Rutgers University Press}, -} - -@Article{cstKS, - author = {Carroll, Christopher D and Slacalek, Jiri and Tokuoka, Kiichi}, - title = {Buffer-Stock Saving in a Krusell--Smith World}, - journal = {Economics Letters}, - year = {2015}, - volume = {132}, - pages = {97--100}, - note = {At \url{http://econ.jhu.edu/people/ccarroll/papers/cstKS/}; extended version available as ECB Working Paper number 1633, \url{https://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp1633.pdf}}, - doi = {doi:10.1016/j.econlet.2015.04.021}, - publisher = {Elsevier}, - url = {http://econ.jhu.edu/people/ccarroll/papers/cstKS/}, -} - -@Article{carrollEGM, - author = {Carroll, Christopher D.}, - title = {The {M}ethod of {E}ndogenous {G}ridpoints for {S}olving {D}ynamic {S}tochastic {O}ptimization {P}roblems}, - journal = {Economics Letters}, - year = {2006}, - volume = {91}, - number = {3}, - pages = {312--320}, - month = {September}, - note = {\url{http://econ.jhu.edu/people/ccarroll/EndogenousGridpoints.pdf}}, - bdsk-url-1 = {http://econ.jhu.edu/people/ccarroll/EndogenousArchive.zip}, - bdsk-url-2 = {http://dx.doi.org/10.1016/j.econlet.2005.09.013}, - doi = {10.1016/j.econlet.2005.09.013}, - url = {http://econ.jhu.edu/people/ccarroll/EndogenousArchive.zip}, -} - -@Book{deatonUnderstandingCNotes, - title = {{U}nderstanding {C}onsumption}, - publisher = {Oxford University Press}, - year = {1992}, - author = {Deaton, Angus S.}, - address = {New York}, -} - -@Book{deatonUnderstandingC, - title = {{U}nderstanding {C}onsumption}, - publisher = {Oxford University Press}, - year = {1992}, - author = {Deaton, Angus S.}, - address = {New York}, -} - -@TechReport{bgpHousing, - author = {Bostic, Raphael and Gabriel, Stuart and Painter, Gary}, - title = {Housing Wealth, Financial Wealth, and Consumption: New Evidence from Micro Data}, - institution = {University of Southern California}, - year = {2005}, - type = {working paper}, - month = {December}, -} - -@Article{aw95, - author = {Orazio Attanasio and Guglielmo Weber}, - title = {Is Consumption Growth Consistent with Intertemporal Optimization? Evidence from the Consumer Expenditure Survey}, - journal = {Journal of Political Economy}, - year = {1995}, - volume = {103}, - number = {6}, - pages = {1121-57}, - month = {December}, -} - -@Article{ersAutoregressive, - author = {Graham Elliott and Thomas J. Rothenberg and James H. Stock}, - title = {Efficient Tests for an Autoregressive Root}, - journal = {Econometrica}, - year = {1996}, - volume = {64}, - number = {4}, - pages = {813--836}, - month = {July}, -} - -@Article{greenCalifornia, - author = {Richard K. Green}, - title = {Stock Prices and House Prices in California: New Evidence of a Wealth Effect}, - journal = {Regional Science and Urban Economics}, - year = {2002}, - volume = {32}, - pages = {775--783}, -} - -@Article{glAssetPricing, - author = {Grossman, Sanford J. and Laroque, Guy S.}, - title = {Asset Pricing and Optimal Portfolio Choice in the Presence of Illiquid Durable Consumption Goods}, - journal = {Econometrica}, - year = {1990}, - volume = {58}, - number = {1}, - pages = {25--51}, -} - -@Article{inSpillovers, - author = {Iacoviello, Matteo and Neri, Stefano}, - title = {Housing Market Spillovers: Evidence from an Estimated DSGE Model}, - journal = {AEJ Macro}, - year = {2010}, - pages = {forthcoming}, - note = {forthcoming}, - institution = {Boston College, Department of Economics}, - type = {working paper}, -} - -@Article{ssModeration, - author = {Sabelhaus, John and Song, Jae}, - title = {The Great Moderation in Micro Labor Earnings}, - journal = {Journal of Monetary Economics}, - year = {2010}, - volume = {57}, - number = {4}, - pages = {391--403}, - month = {May}, - note = {\url{http://ideas.repec.org/a/eee/moneco/v57y2010i4p391-403.html}}, - abstract = {Between 1980 and the early 1990s the variability of - labor earnings growth rates across the prime-age - working population fell significantly. This decline - and timing are consistent with other macro and micro - observations about growth variability that are - collectively referred to as the \"Great - Moderation.\" The variability of earnings - growth is negatively correlated with age at any - point in time, and the U.S. working age population - got older during this period because the Baby Boom - was aging. However, the decrease in variability was - roughly uniform across all age groups, so population - aging is not the source of the overall decline. The - variance of log changes also declined at multi-year - frequencies in such a way as to suggest that both - permanent and transitory components of earnings - shocks became more moderate. A simple identification - strategy for separating age and cohort effects shows - a very intuitive pattern of permanent and transitory - shocks over the life cycle, and confirms that a - shift over time in the stochastic process occurred - even after controlling for age effects.}, - date-added = {2013-04-07T22:40:16GMT+00:00}, - date-modified = {2013-04-07T23:27:49GMT+00:00}, - doi = {10.1016/j.jmoneco.2010.04.003}, - file = {ssModeration.pdf:ssModeration.pdf:PDF}, - keywords = { Labor earnings Earnings volatility Great moderation}, - language = {English}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Sabelhaus/Journal_of_Monetary_Economics_2010_Sabelhaus.pdf}, - rating = {0}, - uri = {\url{papers2://publication/doi/10.1016/j.jmoneco.2010.04.003}}, - url = {http://ideas.repec.org/a/eee/moneco/v57y2010i4p391-403.html}, -} - -@Article{deatonLiqConstr, - author = {Deaton, Angus S.}, - title = {Saving and Liquidity Constraints}, - journal = {Econometrica}, - year = {1991}, - volume = {59}, - pages = {1221-1248}, - note = {\url{http://www.jstor.org/stable/2938366}}, - bdsk-url-1 = {http://ideas.repec.org/a/ecm/emetrp/v59y1991i5p1221-48.html}, - file = {deatonLiqConstr.pdf:deatonLiqConstr.pdf:PDF}, - owner = {Nic Johnson}, - url = {http://www.jstor.org/stable/2938366}, -} - -@Article{cagettiWprofiles, - author = {Marco Cagetti}, - title = {Wealth Accumulation Over the Life Cycle and Precautionary Savings}, - journal = {Journal of Business and Economic Statistics}, - year = {2003}, - volume = {21}, - number = {3}, - pages = {339--353}, -} - -@Article{pikettySaez:incomeIneq_qje03, - author = {Thomas Piketty and Emmanuel Saez}, - title = {Income Ineuality in the United States, 1913--1998}, - journal = {Quarterly Journal of Economics}, - year = {2003}, - volume = {118}, - number = {1}, - pages = {1--39}, - month = {February}, -} - -@Article{demyanykEtAl_JoF07_deregulation, - author = {Yuliya Demyanyk and Charlotte Ostergaard and Bent E. S{\o}rensen}, - title = {U.S. Banking Deregulation, Small Businesses, and Interstate Insurance of Personal Income}, - journal = {Journal of Finance}, - year = {2007}, - volume = {62}, - number = {6}, - pages = {2763--2801}, - month = {December}, - abstract = { We estimate the effects of deregulation of U.S. banking restrictions on interstate personal income insurance for the period 1970 to 2001. Interstate income insurance occurs when personal income reacts less than one-to-one to state-specific output shocks. We find that insurance improved after banking deregulation, with a larger effect in states where small businesses are more important and on proprietors' income than on other components of personal income. Our explanation centers on the role of banks as a prime source of small business finance and on the close intertwining of the personal and business finances of small business owners. Copyright 2007 by The American Finance Association.}, - url = {https://ideas.repec.org/a/bla/jfinan/v62y2007i6p2763-2801.html}, -} - -@Article{carroll:brookings, - author = {Carroll, Christopher D.}, - title = {The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence}, - journal = {Brookings Papers on Economic Activity}, - year = {1992}, - volume = {1992}, - number = {2}, - pages = {61--156}, - note = {\url{http://econ.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}}, - score = {30}, - url = {http://econ.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}, -} - -@Article{carrollBrookings, - author = {Carroll, Christopher D.}, - title = {The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence}, - journal = {Brookings Papers on Economic Activity}, - year = {1992}, - volume = {1992}, - number = {2}, - pages = {61--156}, - note = {\url{http://econ.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}}, - score = {30}, - url = {http://econ.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}, -} - -@Comment{jabref-meta: databaseType:bibtex;} - -@Comment{jabref-meta: grouping: -0 AllEntriesGroup:; -1 KeywordGroup:Norman\;0\;author\;Norman\;1\;1\;1\;\;\;\;; -2 KeywordGroup:C\;1\;author\;C. | Catherine\;1\;1\;1\;\;\;\;; -1 StaticGroup:Automatically created groups\;2\;1\;\;\;\;; -2 KeywordGroup:Abdelkhalek\;0\;author\;Abdelkhalek\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Abel\;0\;author\;Abel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Abowd\;0\;author\;Abowd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Acemoglu\;0\;author\;Acemoglu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Adamchik\;0\;author\;Adamchik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Adda\;0\;author\;Adda\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Agarwal\;0\;author\;Agarwal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ager\;0\;author\;Ager\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aguiar\;0\;author\;Aguiar\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ahnert\;0\;author\;Ahnert\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aiyagari\;0\;author\;Aiyagari\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Akerlof\;0\;author\;Akerlof\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Alesina\;0\;author\;Alesina\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Alessie\;0\;author\;Alessie\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Algan\;0\;author\;Algan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Allais\;0\;author\;Allais\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Allen\;0\;author\;Allen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Altissimo\;0\;author\;Altissimo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Altonji\;0\;author\;Altonji\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Amihud\;0\;author\;Amihud\;0\;0\;1\;\;\;\;; -2 KeywordGroup:An\;0\;author\;An\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Andersen\;0\;author\;Andersen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ando\;0\;author\;Ando\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Andre\;0\;author\;Andre\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Andres\;0\;author\;Andres\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Andrews\;0\;author\;Andrews\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ang\;0\;author\;Ang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Angeletos\;0\;author\;Angeletos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Angrist\;0\;author\;Angrist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ansley\;0\;author\;Ansley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Antoniewicz\;0\;author\;Antoniewicz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arbatli\;0\;author\;Arbatli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arifovic\;0\;author\;Arifovic\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aristotle\;0\;author\;Aristotle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arnold\;0\;author\;Arnold\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arnone\;0\;author\;Arnone\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aron\;0\;author\;Aron\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arrow\;0\;author\;Arrow\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arthur\;0\;author\;Arthur\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aruoba\;0\;author\;Aruoba\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Asdrubali\;0\;author\;Asdrubali\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Athanasoulis\;0\;author\;Athanasoulis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Atkeson\;0\;author\;Atkeson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Atkins\;0\;author\;Atkins\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Attanasio\;0\;author\;Attanasio\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Auerbach\;0\;author\;Auerbach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Auten\;0\;author\;Auten\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ayigari\;0\;author\;Ayigari\;0\;0\;1\;\;\;\;; -2 KeywordGroup:B'enabou\;0\;author\;B'enabou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bacchetta\;0\;author\;Bacchetta\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Backus\;0\;author\;Backus\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bagwell\;0\;author\;Bagwell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bai\;0\;author\;Bai\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Baily\;0\;author\;Baily\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Baker\;0\;author\;Baker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bakshi\;0\;author\;Bakshi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ball\;0\;author\;Ball\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Baltagi\;0\;author\;Baltagi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Banks\;0\;author\;Banks\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bar-Ilan\;0\;author\;Bar-Ilan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barata\;0\;author\;Barata\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barbera\;0\;author\;Barbera\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barczi\;0\;author\;Barczi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barro\;0\;author\;Barro\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barsky\;0\;author\;Barsky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bartlett\;0\;author\;Bartlett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Basu\;0\;author\;Basu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Batchelor\;0\;author\;Batchelor\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Battistin\;0\;author\;Battistin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Battycharya\;0\;author\;Battycharya\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Baxter\;0\;author\;Baxter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bayoumi\;0\;author\;Bayoumi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Beauchamp\;0\;author\;Beauchamp\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Beck\;0\;author\;Beck\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Becker\;0\;author\;Becker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bedi\;0\;author\;Bedi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Beechey\;0\;author\;Beechey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bekaert\;0\;author\;Bekaert\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ben Porath\;0\;author\;Ben Porath\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Benjamin\;0\;author\;Benjamin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Berk\;0\;author\;Berk\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Berkowitz\;0\;author\;Berkowitz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bernanke\;0\;author\;Bernanke\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bernheim\;0\;author\;Bernheim\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bertaut\;0\;author\;Bertaut\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bertola\;0\;author\;Bertola\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Besley\;0\;author\;Besley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bewley\;0\;author\;Bewley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bikhchandani\;0\;author\;Bikhchandani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bilas\;0\;author\;Bilas\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Billingsley\;0\;author\;Billingsley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bils\;0\;author\;Bils\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Binmore\;0\;author\;Binmore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blake\;0\;author\;Blake\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blanchard\;0\;author\;Blanchard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blanchflower\;0\;author\;Blanchflower\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blau\;0\;author\;Blau\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blinder\;0\;author\;Blinder\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blomberg\;0\;author\;Blomberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bloom\;0\;author\;Bloom\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blow\;0\;author\;Blow\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blundell\;0\;author\;Blundell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bl{{"}o}ndal\;0\;author\;Bl{{"}o}ndal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bl{{"}}ondal\;0\;author\;Bl{"}ondal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bodkin\;0\;author\;Bodkin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Boivin\;0\;author\;Boivin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Boldrin\;0\;author\;Boldrin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bond\;0\;author\;Bond\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bonin\;0\;author\;Bonin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Boone\;0\;author\;Boone\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Booth\;0\;author\;Booth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Borio\;0\;author\;Borio\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bostic\;0\;author\;Bostic\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bosworth\;0\;author\;Bosworth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bouchard\;0\;author\;Bouchard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bound\;0\;author\;Bound\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bowman\;0\;author\;Bowman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Boyd\;0\;author\;Boyd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brady\;0\;author\;Brady\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bram\;0\;author\;Bram\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Branch\;0\;author\;Branch\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Braun\;0\;author\;Braun\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brav\;0\;author\;Brav\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brayton\;0\;author\;Brayton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brennan\;0\;author\;Brennan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bricker\;0\;author\;Bricker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brock\;0\;author\;Brock\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Broda\;0\;author\;Broda\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brown\;0\;author\;Brown\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Browning\;0\;author\;Browning\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brownlee\;0\;author\;Brownlee\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brumberg\;0\;author\;Brumberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bryan\;0\;author\;Bryan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Buckley\;0\;author\;Buckley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bucks\;0\;author\;Bucks\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bull\;0\;author\;Bull\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bullard\;0\;author\;Bullard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Burtless\;0\;author\;Burtless\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Buyze\;0\;author\;Buyze\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Byrne\;0\;author\;Byrne\;0\;0\;1\;\;\;\;; -2 KeywordGroup:B{"}orsch-Supan\;0\;author\;B{"}orsch-Supan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Caballero\;0\;author\;Caballero\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cagetti\;0\;author\;Cagetti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cai\;0\;author\;Cai\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Callen\;0\;author\;Callen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Calomiris\;0\;author\;Calomiris\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Calvo\;0\;author\;Calvo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Campbell\;0\;author\;Campbell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Canner\;0\;author\;Canner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Canning\;0\;author\;Canning\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Capistr'an\;0\;author\;Capistr'an\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Capli\;0\;author\;Capli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Caplin\;0\;author\;Caplin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Card\;0\;author\;Card\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cardarelli\;0\;author\;Cardarelli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Carlson\;0\;author\;Carlson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Carrasco\;0\;author\;Carrasco\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Carrington\;0\;author\;Carrington\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Carroll\;0\;author\;Carroll\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Case\;0\;author\;Case\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cass\;0\;author\;Cass\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cassou\;0\;author\;Cassou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Castaneda\;0\;author\;Castaneda\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Catte\;0\;author\;Catte\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cavanagh\;0\;author\;Cavanagh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cecchetti\;0\;author\;Cecchetti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cechetti\;0\;author\;Cechetti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cesarini\;0\;author\;Cesarini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chamberlain\;0\;author\;Chamberlain\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chamon\;0\;author\;Chamon\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chari\;0\;author\;Chari\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chase\;0\;author\;Chase\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chen\;0\;author\;Chen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chetty\;0\;author\;Chetty\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chiao\;0\;author\;Chiao\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chinloy\;0\;author\;Chinloy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chinn\;0\;author\;Chinn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chodorow-Reich\;0\;author\;Chodorow-Reich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Christiano\;0\;author\;Christiano\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ciccone\;0\;author\;Ciccone\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Clarida\;0\;author\;Clarida\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Clark\;0\;author\;Clark\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Clements\;0\;author\;Clements\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cocco\;0\;author\;Cocco\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cochrane\;0\;author\;Cochrane\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cogley\;0\;author\;Cogley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cohen\;0\;author\;Cohen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Coibion\;0\;author\;Coibion\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cole\;0\;author\;Cole\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Coleman\;0\;author\;Coleman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Collado\;0\;author\;Collado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Constantinides\;0\;author\;Constantinides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Constantinidies\;0\;author\;Constantinidies\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cooper\;0\;author\;Cooper\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Corneli\;0\;author\;Corneli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Coronado\;0\;author\;Coronado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Corrado\;0\;author\;Corrado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Coulibaly\;0\;author\;Coulibaly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Creal\;0\;author\;Creal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cronqvist\;0\;author\;Cronqvist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Crossley\;0\;author\;Crossley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Croushore\;0\;author\;Croushore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Crowe\;0\;author\;Crowe\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Crucini\;0\;author\;Crucini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cukierman\;0\;author\;Cukierman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cummins\;0\;author\;Cummins\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Curtin\;0\;author\;Curtin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cutler\;0\;author\;Cutler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:DAVIDSON\;0\;author\;DAVIDSON\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dadayan\;0\;author\;Dadayan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dardanoni\;0\;author\;Dardanoni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Davey\;0\;author\;Davey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:David\;0\;author\;David\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Davis\;0\;author\;Davis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:DeLong\;0\;author\;DeLong\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Deacon\;0\;author\;Deacon\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Deaton\;0\;author\;Deaton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Debelle\;0\;author\;Debelle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dejuan\;0\;author\;Dejuan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dekle\;0\;author\;Dekle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Del Negro\;0\;author\;Del Negro\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Den Haan\;0\;author\;Den Haan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Department of Commerce\;0\;author\;Department of Commerce\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Detken\;0\;author\;Detken\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Devereux\;0\;author\;Devereux\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Diamond\;0\;author\;Diamond\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Diaz-Gimenez\;0\;author\;Diaz-Gimenez\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dickens\;0\;author\;Dickens\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Diebold\;0\;author\;Diebold\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Disney\;0\;author\;Disney\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dixit\;0\;author\;Dixit\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dodd\;0\;author\;Dodd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dohmen\;0\;author\;Dohmen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Donaldson\;0\;author\;Donaldson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Doornik\;0\;author\;Doornik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dotsey\;0\;author\;Dotsey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dovern\;0\;author\;Dovern\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Doyle\;0\;author\;Doyle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dr`eze\;0\;author\;Dr`eze\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dua\;0\;author\;Dua\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duca\;0\;author\;Duca\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duesenberry\;0\;author\;Duesenberry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duffy\;0\;author\;Duffy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duncan\;0\;author\;Duncan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dunn\;0\;author\;Dunn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Durdu\;0\;author\;Durdu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duygan\;0\;author\;Duygan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dvornak\;0\;author\;Dvornak\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dynan\;0\;author\;Dynan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:D{"}opke\;0\;author\;D{"}opke\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Easterlin\;0\;author\;Easterlin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Easterly\;0\;author\;Easterly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eberly\;0\;author\;Eberly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Economic Advisers\;0\;author\;Economic Advisers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Edelstein\;0\;author\;Edelstein\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Edison\;0\;author\;Edison\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Edward C. Prescott\;0\;author\;Edward C. Prescott\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Edwards\;0\;author\;Edwards\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eggertsson\;0\;author\;Eggertsson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ehrmann\;0\;author\;Ehrmann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eichenbaum\;0\;author\;Eichenbaum\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eichengreen\;0\;author\;Eichengreen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eijffinger\;0\;author\;Eijffinger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eissa\;0\;author\;Eissa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eller\;0\;author\;Eller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Elliott\;0\;author\;Elliott\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ellison\;0\;author\;Ellison\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Elmendorf\;0\;author\;Elmendorf\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Els\;0\;author\;Els\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Engel\;0\;author\;Engel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Engelhardt\;0\;author\;Engelhardt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Engen\;0\;author\;Engen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Englund\;0\;author\;Englund\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Erceg\;0\;author\;Erceg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Erev\;0\;author\;Erev\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Escudero\;0\;author\;Escudero\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Euwals\;0\;author\;Euwals\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Evans\;0\;author\;Evans\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Falk\;0\;author\;Falk\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fama\;0\;author\;Fama\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Farhi\;0\;author\;Farhi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fat`as\;0\;author\;Fat`as\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Faust\;0\;author\;Faust\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fay\;0\;author\;Fay\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fazzari\;0\;author\;Fazzari\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Feldstein\;0\;author\;Feldstein\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fernandez-Corugedo\;0\;author\;Fernandez-Corugedo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ferrri\;0\;author\;Ferrri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ferson\;0\;author\;Ferson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fischer\;0\;author\;Fischer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fisher\;0\;author\;Fisher\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fitzgerald\;0\;author\;Fitzgerald\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Flavin\;0\;author\;Flavin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fleming\;0\;author\;Fleming\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Flemming\;0\;author\;Flemming\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Floetotto\;0\;author\;Floetotto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fogli\;0\;author\;Fogli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Foote\;0\;author\;Foote\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Forni\;0\;author\;Forni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Foundation\;0\;author\;Foundation\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Francis\;0\;author\;Francis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Frank\;0\;author\;Frank\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fratantoni\;0\;author\;Fratantoni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fratzscher\;0\;author\;Fratzscher\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Friedman\;0\;author\;Friedman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fritsche\;0\;author\;Fritsche\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fuchs-Sch{"u}ndeln\;0\;author\;Fuchs-Sch{"u}ndeln\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fuchs-Sch{"}undeln\;0\;author\;Fuchs-Sch{"}undeln\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fudenberg\;0\;author\;Fudenberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fuhrer\;0\;author\;Fuhrer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Futia\;0\;author\;Futia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gabaix\;0\;author\;Gabaix\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gabriel\;0\;author\;Gabriel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gadzinski\;0\;author\;Gadzinski\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gakidis\;0\;author\;Gakidis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gal'{i}\;0\;author\;Gal'{i}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gale\;0\;author\;Gale\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gali\;0\;author\;Gali\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gapinsky\;0\;author\;Gapinsky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Garner\;0\;author\;Garner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Garrett\;0\;author\;Garrett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gathergood\;0\;author\;Gathergood\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gatti\;0\;author\;Gatti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gauger\;0\;author\;Gauger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gavin\;0\;author\;Gavin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Geczy\;0\;author\;Geczy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Geer\;0\;author\;Geer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Geiregat\;0\;author\;Geiregat\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gentry\;0\;author\;Gentry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Georgiou\;0\;author\;Georgiou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gerardi\;0\;author\;Gerardi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gerberding\;0\;author\;Gerberding\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gerlach\;0\;author\;Gerlach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gertler\;0\;author\;Gertler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ghosh\;0\;author\;Ghosh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Giannone\;0\;author\;Giannone\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gilchrist\;0\;author\;Gilchrist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Giordani\;0\;author\;Giordani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Giorno\;0\;author\;Giorno\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Girouard\;0\;author\;Girouard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Glaeser\;0\;author\;Glaeser\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Glick\;0\;author\;Glick\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gokhale\;0\;author\;Gokhale\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Golinelli\;0\;author\;Golinelli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gollier\;0\;author\;Gollier\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gomes\;0\;author\;Gomes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Goodman\;0\;author\;Goodman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gorman\;0\;author\;Gorman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gottschalk\;0\;author\;Gottschalk\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gourinchas\;0\;author\;Gourinchas\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Governors of the Federal Reserve System\;0\;author\;Governors of the Federal Reserve System\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Graham\;0\;author\;Graham\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Grant\;0\;author\;Grant\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Green\;0\;author\;Green\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Greene\;0\;author\;Greene\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Greenspan\;0\;author\;Greenspan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Grilli\;0\;author\;Grilli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Groen\;0\;author\;Groen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gross\;0\;author\;Gross\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Grossman\;0\;author\;Grossman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gruber\;0\;author\;Gruber\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Guariglia\;0\;author\;Guariglia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Guerrieri\;0\;author\;Guerrieri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Guiso\;0\;author\;Guiso\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gunderson\;0\;author\;Gunderson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gurenko\;0\;author\;Gurenko\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Guvenen\;0\;author\;Guvenen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:G{"}urkaynak\;0\;author\;G{"}urkaynak\;0\;0\;1\;\;\;\;; -2 KeywordGroup:HENDRY\;0\;author\;HENDRY\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Haan\;0\;author\;Haan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hahn\;0\;author\;Hahn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hakkio\;0\;author\;Hakkio\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Haliassos\;0\;author\;Haliassos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hall\;0\;author\;Hall\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Haltiwanger\;0\;author\;Haltiwanger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ham\;0\;author\;Ham\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hamburg\;0\;author\;Hamburg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hamilton\;0\;author\;Hamilton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Handjiyska\;0\;author\;Handjiyska\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hansen\;0\;author\;Hansen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hardy\;0\;author\;Hardy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Harmgart\;0\;author\;Harmgart\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Harris\;0\;author\;Harris\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Harrison\;0\;author\;Harrison\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Harvey\;0\;author\;Harvey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hassett\;0\;author\;Hassett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Haughwout\;0\;author\;Haughwout\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hause\;0\;author\;Hause\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hausman\;0\;author\;Hausman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hausmann\;0\;author\;Hausmann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hayashi\;0\;author\;Hayashi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Heathcote\;0\;author\;Heathcote\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Heaton\;0\;author\;Heaton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Heckman\;0\;author\;Heckman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Helbling\;0\;author\;Helbling\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hendry\;0\;author\;Hendry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Henley\;0\;author\;Henley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hern`{a}ndez-Murillo\;0\;author\;Hern`{a}ndez-Murillo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hess\;0\;author\;Hess\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Heston\;0\;author\;Heston\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hill\;0\;author\;Hill\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Himmelberg\;0\;author\;Himmelberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hiraguchi\;0\;author\;Hiraguchi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hochgurtel\;0\;author\;Hochgurtel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hoffmann\;0\;author\;Hoffmann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Holland\;0\;author\;Holland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Holtz-Eakin\;0\;author\;Holtz-Eakin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Honkapohja\;0\;author\;Honkapohja\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hooper\;0\;author\;Hooper\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hopenhayn\;0\;author\;Hopenhayn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Horioka\;0\;author\;Horioka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Horowitz\;0\;author\;Horowitz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Horrigan\;0\;author\;Horrigan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:House\;0\;author\;House\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Houthakker\;0\;author\;Houthakker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Howrey\;0\;author\;Howrey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hoynes\;0\;author\;Hoynes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hryshko\;0\;author\;Hryshko\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hsieh\;0\;author\;Hsieh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hu\;0\;author\;Hu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hubbard\;0\;author\;Hubbard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Huffman\;0\;author\;Huffman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Huggett\;0\;author\;Huggett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hunt\;0\;author\;Hunt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hurd\;0\;author\;Hurd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hurst\;0\;author\;Hurst\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hussey\;0\;author\;Hussey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Iacoviello\;0\;author\;Iacoviello\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ichino\;0\;author\;Ichino\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Idson\;0\;author\;Idson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Igan\;0\;author\;Igan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Im\;0\;author\;Im\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ioannides\;0\;author\;Ioannides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ireland\;0\;author\;Ireland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Irigoyen\;0\;author\;Irigoyen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Irish\;0\;author\;Irish\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Isiklar\;0\;author\;Isiklar\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ito\;0\;author\;Ito\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ittner\;0\;author\;Ittner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ivanova\;0\;author\;Ivanova\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ivo\;0\;author\;Ivo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jacobs\;0\;author\;Jacobs\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jaeger\;0\;author\;Jaeger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jagannathan\;0\;author\;Jagannathan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jaher\;0\;author\;Jaher\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jahoda\;0\;author\;Jahoda\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jaimovich\;0\;author\;Jaimovich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jansson\;0\;author\;Jansson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jappelli\;0\;author\;Jappelli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jeanne\;0\;author\;Jeanne\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jefferson\;0\;author\;Jefferson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jensen\;0\;author\;Jensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jermann\;0\;author\;Jermann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jevons\;0\;author\;Jevons\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Johannesson\;0\;author\;Johannesson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Johannsen\;0\;author\;Johannsen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Johnson\;0\;author\;Johnson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jolliffe\;0\;author\;Jolliffe\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jones\;0\;author\;Jones\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jorgenson\;0\;author\;Jorgenson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Joulfaian\;0\;author\;Joulfaian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jud\;0\;author\;Jud\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Judd\;0\;author\;Judd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Juillard\;0\;author\;Juillard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Julliard\;0\;author\;Julliard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Juster\;0\;author\;Juster\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kahn\;0\;author\;Kahn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kahneman\;0\;author\;Kahneman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kalemli-Ozcan\;0\;author\;Kalemli-Ozcan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kallal\;0\;author\;Kallal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kalyvitis\;0\;author\;Kalyvitis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kaplan\;0\;author\;Kaplan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kappler\;0\;author\;Kappler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kapteyn\;0\;author\;Kapteyn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Karoly\;0\;author\;Karoly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kasman\;0\;author\;Kasman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kasten\;0\;author\;Kasten\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kazarosian\;0\;author\;Kazarosian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Keen\;0\;author\;Keen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kehoe\;0\;author\;Kehoe\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Keller\;0\;author\;Keller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kelly\;0\;author\;Kelly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kennedy\;0\;author\;Kennedy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kennickell\;0\;author\;Kennickell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kermack\;0\;author\;Kermack\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Keynes\;0\;author\;Keynes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Khalifa\;0\;author\;Khalifa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Khan\;0\;author\;Khan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Khwaja\;0\;author\;Khwaja\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kiley\;0\;author\;Kiley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kilian\;0\;author\;Kilian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Killingsworth\;0\;author\;Killingsworth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kim\;0\;author\;Kim\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kimball\;0\;author\;Kimball\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kindleberger\;0\;author\;Kindleberger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:King\;0\;author\;King\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kirman\;0\;author\;Kirman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Klaau\;0\;author\;Klaau\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Klein\;0\;author\;Klein\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Klemm\;0\;author\;Klemm\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Klenow\;0\;author\;Klenow\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kleven\;0\;author\;Kleven\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kocherlakota\;0\;author\;Kocherlakota\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kohler\;0\;author\;Kohler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kohn\;0\;author\;Kohn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kollmann\;0\;author\;Kollmann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Komunjer\;0\;author\;Komunjer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Koopman\;0\;author\;Koopman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Koopmans\;0\;author\;Koopmans\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kopczuk\;0\;author\;Kopczuk\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kopecky\;0\;author\;Kopecky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Korenok\;0\;author\;Korenok\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kotlikoff\;0\;author\;Kotlikoff\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krajcir\;0\;author\;Krajcir\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krane\;0\;author\;Krane\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krebs\;0\;author\;Krebs\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kreiner\;0\;author\;Kreiner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kreinin\;0\;author\;Kreinin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kremer\;0\;author\;Kremer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kreps\;0\;author\;Kreps\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krisch\;0\;author\;Krisch\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krueger\;0\;author\;Krueger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krugman\;0\;author\;Krugman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krusell\;0\;author\;Krusell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kubota\;0\;author\;Kubota\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kuhnen\;0\;author\;Kuhnen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kuttner\;0\;author\;Kuttner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kyland\;0\;author\;Kyland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:L'{o}pez-Salido\;0\;author\;L'{o}pez-Salido\;0\;0\;1\;\;\;\;; -2 KeywordGroup:L`opez-Salido\;0\;author\;L`opez-Salido\;0\;0\;1\;\;\;\;; -2 KeywordGroup:LaRoque\;0\;author\;LaRoque\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Labeaga\;0\;author\;Labeaga\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Labhard\;0\;author\;Labhard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Labonte\;0\;author\;Labonte\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laforte\;0\;author\;Laforte\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lahiri\;0\;author\;Lahiri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laibson\;0\;author\;Laibson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laitner\;0\;author\;Laitner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Landsberger\;0\;author\;Landsberger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lane\;0\;author\;Lane\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lansing\;0\;author\;Lansing\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laroque\;0\;author\;Laroque\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lau\;0\;author\;Lau\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laubach\;0\;author\;Laubach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laurens\;0\;author\;Laurens\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lawrance\;0\;author\;Lawrance\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Le Blanc\;0\;author\;Le Blanc\;0\;0\;1\;\;\;\;; -2 KeywordGroup:LeBaron\;0\;author\;LeBaron\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lea\;0\;author\;Lea\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leahy\;0\;author\;Leahy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leape\;0\;author\;Leape\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lee\;0\;author\;Lee\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lehnert\;0\;author\;Lehnert\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leicester\;0\;author\;Leicester\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leigh\;0\;author\;Leigh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leland\;0\;author\;Leland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lelbang\;0\;author\;Lelbang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lettau\;0\;author\;Lettau\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Levin\;0\;author\;Levin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Levine\;0\;author\;Levine\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leybourne\;0\;author\;Leybourne\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Li\;0\;author\;Li\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Light\;0\;author\;Light\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lillard\;0\;author\;Lillard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lindbeck\;0\;author\;Lindbeck\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lippi\;0\;author\;Lippi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Littlewood\;0\;author\;Littlewood\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Liu\;0\;author\;Liu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ljungqvist\;0\;author\;Ljungqvist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ljunqvist\;0\;author\;Ljunqvist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Loayza\;0\;author\;Loayza\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Loehlin\;0\;author\;Loehlin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Loewenstein\;0\;author\;Loewenstein\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Longhofer\;0\;author\;Longhofer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lopez\;0\;author\;Lopez\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lopez-Salido\;0\;author\;Lopez-Salido\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lorenzoni\;0\;author\;Lorenzoni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Loungani\;0\;author\;Loungani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Low\;0\;author\;Low\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lucas\;0\;author\;Lucas\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ludovit\;0\;author\;Ludovit\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ludvigson\;0\;author\;Ludvigson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ludwig\;0\;author\;Ludwig\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Luegno-Prado\;0\;author\;Luegno-Prado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Luengo-Prado\;0\;author\;Luengo-Prado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lum\;0\;author\;Lum\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lund\;0\;author\;Lund\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lupton\;0\;author\;Lupton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lusardi\;0\;author\;Lusardi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lustig\;0\;author\;Lustig\;0\;0\;1\;\;\;\;; -2 KeywordGroup:L{"}unnemann\;0\;author\;L{"}unnemann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:L{"}utkepohl\;0\;author\;L{"}utkepohl\;0\;0\;1\;\;\;\;; -2 KeywordGroup:M'{e}litz\;0\;author\;M'{e}litz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:MaCurdy\;0\;author\;MaCurdy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ma'ckowiak\;0\;author\;Ma'ckowiak\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Macaulay\;0\;author\;Macaulay\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Maccini\;0\;author\;Maccini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mach\;0\;author\;Mach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Machin\;0\;author\;Machin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Macklem\;0\;author\;Macklem\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Madrian\;0\;author\;Madrian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Maenhout\;0\;author\;Maenhout\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mailath\;0\;author\;Mailath\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Maki\;0\;author\;Maki\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Maliar\;0\;author\;Maliar\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Manchester\;0\;author\;Manchester\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mangasarian\;0\;author\;Mangasarian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mankiw\;0\;author\;Mankiw\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mansfield\;0\;author\;Mansfield\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Marcet\;0\;author\;Marcet\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mariger\;0\;author\;Mariger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Marimon\;0\;author\;Marimon\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mark\;0\;author\;Mark\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Markowitz\;0\;author\;Markowitz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Marshall\;0\;author\;Marshall\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Martin\;0\;author\;Martin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Masciandaro\;0\;author\;Masciandaro\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Masson\;0\;author\;Masson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Math{"}a\;0\;author\;Math{"}a\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mayer\;0\;author\;Mayer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McCallum\;0\;author\;McCallum\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McCarthy\;0\;author\;McCarthy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McClelland\;0\;author\;McClelland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McClure\;0\;author\;McClure\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McCullough\;0\;author\;McCullough\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McFadden\;0\;author\;McFadden\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McGrattan\;0\;author\;McGrattan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McInnes\;0\;author\;McInnes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McKendrick\;0\;author\;McKendrick\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mc{C}arthy\;0\;author\;Mc{C}arthy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Meade\;0\;author\;Meade\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Meghir\;0\;author\;Meghir\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mehra\;0\;author\;Mehra\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Menchik\;0\;author\;Menchik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mendelson\;0\;author\;Mendelson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mendoza\;0\;author\;Mendoza\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Merton\;0\;author\;Merton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mian\;0\;author\;Mian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Michaelides\;0\;author\;Michaelides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Micklethwait\;0\;author\;Micklethwait\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Micklewright\;0\;author\;Micklewright\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Miles\;0\;author\;Miles\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Milesi-Ferretti\;0\;author\;Milesi-Ferretti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Miller\;0\;author\;Miller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Minehart\;0\;author\;Minehart\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mirman\;0\;author\;Mirman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mishkin\;0\;author\;Mishkin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mitchell\;0\;author\;Mitchell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Modigliani\;0\;author\;Modigliani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Moffitt\;0\;author\;Moffitt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Moore\;0\;author\;Moore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Moreira\;0\;author\;Moreira\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Morgan\;0\;author\;Morgan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Morris\;0\;author\;Morris\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mortensen\;0\;author\;Mortensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mroz\;0\;author\;Mroz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Muellbauer\;0\;author\;Muellbauer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mukherjee\;0\;author\;Mukherjee\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mulligan\;0\;author\;Mulligan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Munshi\;0\;author\;Munshi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Murata\;0\;author\;Murata\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Murphy\;0\;author\;Murphy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Muth\;0\;author\;Muth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:M{"u}nich\;0\;author\;M{"u}nich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:M{"}uller\;0\;author\;M{"}uller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:M{"}unich\;0\;author\;M{"}unich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Naik\;0\;author\;Naik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Nakagawa\;0\;author\;Nakagawa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Natalucci\;0\;author\;Natalucci\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Neave\;0\;author\;Neave\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Nelson\;0\;author\;Nelson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Neri\;0\;author\;Neri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Newbold\;0\;author\;Newbold\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Newey\;0\;author\;Newey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ng\;0\;author\;Ng\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Nielsen\;0\;author\;Nielsen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Norman\;0\;author\;Norman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Nyberg\;0\;author\;Nyberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:O'Donoghue\;0\;author\;O'Donoghue\;0\;0\;1\;\;\;\;; -2 KeywordGroup:O'Reilly\;0\;author\;O'Reilly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:OECD\;0\;author\;OECD\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Obstfeld\;0\;author\;Obstfeld\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ogaki\;0\;author\;Ogaki\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Okun\;0\;author\;Okun\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Oliner\;0\;author\;Oliner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Olivera\;0\;author\;Olivera\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Orazem\;0\;author\;Orazem\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Orlandi\;0\;author\;Orlandi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Orphanides\;0\;author\;Orphanides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Orr\;0\;author\;Orr\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ossolinski\;0\;author\;Ossolinski\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ostergaard\;0\;author\;Ostergaard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Osterloh\;0\;author\;Osterloh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ostry\;0\;author\;Ostry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ostuka\;0\;author\;Ostuka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Oswald\;0\;author\;Oswald\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Otoo\;0\;author\;Otoo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Otsuka\;0\;author\;Otsuka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Otto\;0\;author\;Otto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ouliaris\;0\;author\;Ouliaris\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Overland\;0\;author\;Overland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Owyang\;0\;author\;Owyang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pacheco\;0\;author\;Pacheco\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Padula\;0\;author\;Padula\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pagan\;0\;author\;Pagan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Page\;0\;author\;Page\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Paiella\;0\;author\;Paiella\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Painter\;0\;author\;Painter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Palmer\;0\;author\;Palmer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Palumbo\;0\;author\;Palumbo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Panousi\;0\;author\;Panousi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Parigi\;0\;author\;Parigi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Park\;0\;author\;Park\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Parker\;0\;author\;Parker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Parkin\;0\;author\;Parkin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Passmore\;0\;author\;Passmore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Patton\;0\;author\;Patton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Paulos\;0\;author\;Paulos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pavel\;0\;author\;Pavel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pavoni\;0\;author\;Pavoni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Paxson\;0\;author\;Paxson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Peach\;0\;author\;Peach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pedroni\;0\;author\;Pedroni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Peek\;0\;author\;Peek\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pemberton\;0\;author\;Pemberton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pendakur\;0\;author\;Pendakur\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Perri\;0\;author\;Perri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Perry\;0\;author\;Perry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Perry:\;0\;author\;Perry:\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pesaran\;0\;author\;Pesaran\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pesavento\;0\;author\;Pesavento\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Petersen\;0\;author\;Petersen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pham-Kanter\;0\;author\;Pham-Kanter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Phelps\;0\;author\;Phelps\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Phillips\;0\;author\;Phillips\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Piazessi\;0\;author\;Piazessi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Piazzesi\;0\;author\;Piazzesi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Picci\;0\;author\;Picci\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pichette\;0\;author\;Pichette\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Piergiorgio\;0\;author\;Piergiorgio\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Piger\;0\;author\;Piger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pigou\;0\;author\;Pigou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pindyck\;0\;author\;Pindyck\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pinker\;0\;author\;Pinker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pischke\;0\;author\;Pischke\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pissarides\;0\;author\;Pissarides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pistaferri\;0\;author\;Pistaferri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pivetta\;0\;author\;Pivetta\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ploner\;0\;author\;Ploner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Plosser\;0\;author\;Plosser\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pollack\;0\;author\;Pollack\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Polya\;0\;author\;Polya\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Porter\;0\;author\;Porter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Porteus\;0\;author\;Porteus\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Posen\;0\;author\;Posen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Postlewaite\;0\;author\;Postlewaite\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Poterba\;0\;author\;Poterba\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Powell\;0\;author\;Powell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Prasad\;0\;author\;Prasad\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pratt\;0\;author\;Pratt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Prescott\;0\;author\;Prescott\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Preston\;0\;author\;Preston\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Price\;0\;author\;Price\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Primiceri\;0\;author\;Primiceri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pritchett\;0\;author\;Pritchett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Quadrini\;0\;author\;Quadrini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Quah\;0\;author\;Quah\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Quigley\;0\;author\;Quigley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:R'{i}os-Rull\;0\;author\;R'{i}os-Rull\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rabin\;0\;author\;Rabin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rabushka\;0\;author\;Rabushka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rajan\;0\;author\;Rajan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ramey\;0\;author\;Ramey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ramos-Francia\;0\;author\;Ramos-Francia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ramsey\;0\;author\;Ramsey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ranci`ere\;0\;author\;Ranci`ere\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ravina\;0\;author\;Ravina\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ray\;0\;author\;Ray\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rebelo\;0\;author\;Rebelo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rebucci\;0\;author\;Rebucci\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Reichlin\;0\;author\;Reichlin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Reinhart\;0\;author\;Reinhart\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Reis\;0\;author\;Reis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Reiter\;0\;author\;Reiter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Remolona\;0\;author\;Remolona\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rendahl\;0\;author\;Rendahl\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Renelt\;0\;author\;Renelt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Repetto\;0\;author\;Repetto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rhee\;0\;author\;Rhee\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Richardson\;0\;author\;Richardson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rietz\;0\;author\;Rietz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rios-Rull\;0\;author\;Rios-Rull\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Roberts\;0\;author\;Roberts\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Robinson\;0\;author\;Robinson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rodgers\;0\;author\;Rodgers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rodr'{i}guez-Clare\;0\;author\;Rodr'{i}guez-Clare\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rodrik\;0\;author\;Rodrik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rogers\;0\;author\;Rogers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rogoff\;0\;author\;Rogoff\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Romer\;0\;author\;Romer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rosen\;0\;author\;Rosen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rosenzweig\;0\;author\;Rosenzweig\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rossi\;0\;author\;Rossi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rossi-Hansberg\;0\;author\;Rossi-Hansberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rotemberg\;0\;author\;Rotemberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Roth\;0\;author\;Roth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rothenberg\;0\;author\;Rothenberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rothschild\;0\;author\;Rothschild\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rudd\;0\;author\;Rudd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rudebusch\;0\;author\;Rudebusch\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Runciman\;0\;author\;Runciman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Runkle\;0\;author\;Runkle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rutstr"{o}m\;0\;author\;Rutstr"{o}m\;0\;0\;1\;\;\;\;; -2 KeywordGroup:SRBA\;0\;author\;SRBA\;0\;0\;1\;\;\;\;; -2 KeywordGroup:S/orensen\;0\;author\;S/orensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sabelhaus\;0\;author\;Sabelhaus\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sachs\;0\;author\;Sachs\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Saez\;0\;author\;Saez\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sahm\;0\;author\;Sahm\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sala-i-Martin\;0\;author\;Sala-i-Martin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Samiei\;0\;author\;Samiei\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sammartino\;0\;author\;Sammartino\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Samuelson\;0\;author\;Samuelson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Samwick\;0\;author\;Samwick\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sandmo\;0\;author\;Sandmo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sandri\;0\;author\;Sandri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Santa-Clara\;0\;author\;Santa-Clara\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sapienza\;0\;author\;Sapienza\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sargent\;0\;author\;Sargent\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sarin\;0\;author\;Sarin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sastre\;0\;author\;Sastre\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schechtman\;0\;author\;Schechtman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schectman\;0\;author\;Schectman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Scheinkman\;0\;author\;Scheinkman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schmidt-Hebbel\;0\;author\;Schmidt-Hebbel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schneider\;0\;author\;Schneider\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schoenholtz\;0\;author\;Schoenholtz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Scholz\;0\;author\;Scholz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schorfheide\;0\;author\;Schorfheide\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sch{"u}ndeln\;0\;author\;Sch{"u}ndeln\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sch{"}undeln\;0\;author\;Sch{"}undeln\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Scorcu\;0\;author\;Scorcu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Scott\;0\;author\;Scott\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Seater\;0\;author\;Seater\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Segalotto\;0\;author\;Segalotto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sen\;0\;author\;Sen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Serv'{e}n\;0\;author\;Serv'{e}n\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Serv{'e}n\;0\;author\;Serv{'e}n\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sethi\;0\;author\;Sethi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shapiro\;0\;author\;Shapiro\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shea\;0\;author\;Shea\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shefrin\;0\;author\;Shefrin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sheiner\;0\;author\;Sheiner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sheng\;0\;author\;Sheng\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shiller\;0\;author\;Shiller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shin\;0\;author\;Shin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shirvani\;0\;author\;Shirvani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shleifer\;0\;author\;Shleifer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shore\;0\;author\;Shore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sibley\;0\;author\;Sibley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sichel\;0\;author\;Sichel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Siegel\;0\;author\;Siegel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Siklos\;0\;author\;Siklos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Simon\;0\;author\;Simon\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Simoniv{c}\;0\;author\;Simoniv{c}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sims\;0\;author\;Sims\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sinai\;0\;author\;Sinai\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sirovatka\;0\;author\;Sirovatka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Skinner\;0\;author\;Skinner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Skyt Nielsen\;0\;author\;Skyt Nielsen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Slacalek\;0\;author\;Slacalek\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Slemrod\;0\;author\;Slemrod\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Slifman\;0\;author\;Slifman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Slok\;0\;author\;Slok\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sl{o}k\;0\;author\;Sl{o}k\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Smets\;0\;author\;Smets\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Smith\;0\;author\;Smith\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Solow\;0\;author\;Solow\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sommer\;0\;author\;Sommer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Song\;0\;author\;Song\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sorensen\;0\;author\;Sorensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Souleles\;0\;author\;Souleles\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sousa\;0\;author\;Sousa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stachurski\;0\;author\;Stachurski\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stadt\;0\;author\;Stadt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stafford\;0\;author\;Stafford\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Staiger\;0\;author\;Staiger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stanton\;0\;author\;Stanton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Starr-McCluer\;0\;author\;Starr-McCluer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Startz\;0\;author\;Startz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Steindel\;0\;author\;Steindel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sterne\;0\;author\;Sterne\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stigler\;0\;author\;Stigler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stock\;0\;author\;Stock\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stocker\;0\;author\;Stocker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stockman\;0\;author\;Stockman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stokey\;0\;author\;Stokey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Storesletten\;0\;author\;Storesletten\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Strotz\;0\;author\;Strotz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Subramanian\;0\;author\;Subramanian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Suen\;0\;author\;Suen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sufi\;0\;author\;Sufi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sukiassyan\;0\;author\;Sukiassyan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Summers\;0\;author\;Summers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sunde\;0\;author\;Sunde\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Svejnar\;0\;author\;Svejnar\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Swanson\;0\;author\;Swanson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Szeidl\;0\;author\;Szeidl\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tabellini\;0\;author\;Tabellini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Takehara\;0\;author\;Takehara\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tan\;0\;author\;Tan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tauchen\;0\;author\;Tauchen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tayler\;0\;author\;Tayler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Telmer\;0\;author\;Telmer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Teppa\;0\;author\;Teppa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Terlizzese\;0\;author\;Terlizzese\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Terrell\;0\;author\;Terrell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Terrones\;0\;author\;Terrones\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thaler\;0\;author\;Thaler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thimann\;0\;author\;Thimann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thomas Jr.\;0\;author\;Thomas Jr.\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thompson\;0\;author\;Thompson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thomson\;0\;author\;Thomson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Timmermann\;0\;author\;Timmermann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tinsley\;0\;author\;Tinsley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tlusty\;0\;author\;Tlusty\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tobacman\;0\;author\;Tobacman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tobin\;0\;author\;Tobin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Toche\;0\;author\;Toche\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tokuoka\;0\;author\;Tokuoka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Toma\;0\;author\;Toma\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Topel\;0\;author\;Topel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Torralba\;0\;author\;Torralba\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Townsend\;0\;author\;Townsend\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Trabandt\;0\;author\;Trabandt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tremblay\;0\;author\;Tremblay\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Trimbur\;0\;author\;Trimbur\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Trump\;0\;author\;Trump\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tullio Jappelli\;0\;author\;Tullio Jappelli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Turnovsky\;0\;author\;Turnovsky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tuttle\;0\;author\;Tuttle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tuzel\;0\;author\;Tuzel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Uccello\;0\;author\;Uccello\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Uhlig\;0\;author\;Uhlig\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Urich\;0\;author\;Urich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Uzawa\;0\;author\;Uzawa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Valderrama\;0\;author\;Valderrama\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Valencia\;0\;author\;Valencia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Valkanov\;0\;author\;Valkanov\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Valli\;0\;author\;Valli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Van Reenen\;0\;author\;Van Reenen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Veblen\;0\;author\;Veblen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Venti\;0\;author\;Venti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ventura\;0\;author\;Ventura\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Vermulen\;0\;author\;Vermulen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Viard\;0\;author\;Viard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Viceira\;0\;author\;Viceira\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Violante\;0\;author\;Violante\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Vissing-Jorgensen\;0\;author\;Vissing-Jorgensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Vodopivec\;0\;author\;Vodopivec\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Voss\;0\;author\;Voss\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wachtel\;0\;author\;Wachtel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wachter\;0\;author\;Wachter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wagner\;0\;author\;Wagner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wakker\;0\;author\;Wakker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wan\;0\;author\;Wan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wansbeek\;0\;author\;Wansbeek\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ward\;0\;author\;Ward\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Watanabe\;0\;author\;Watanabe\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Watson\;0\;author\;Watson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Watts\;0\;author\;Watts\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weber\;0\;author\;Weber\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wei\;0\;author\;Wei\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weibull\;0\;author\;Weibull\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weil\;0\;author\;Weil\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weinberg\;0\;author\;Weinberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weiner\;0\;author\;Weiner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weise\;0\;author\;Weise\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weiss\;0\;author\;Weiss\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Welch\;0\;author\;Welch\;0\;0\;1\;\;\;\;; -2 KeywordGroup:West\;0\;author\;West\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weth\;0\;author\;Weth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Whelan\;0\;author\;Whelan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:White\;0\;author\;White\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wiederholt\;0\;author\;Wiederholt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wilbratte\;0\;author\;Wilbratte\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wilcox\;0\;author\;Wilcox\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wilhelm\;0\;author\;Wilhelm\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Willen\;0\;author\;Willen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Williams\;0\;author\;Williams\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Williamson\;0\;author\;Williamson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Willis\;0\;author\;Willis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Willman\;0\;author\;Willman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wilson\;0\;author\;Wilson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wincoop\;0\;author\;Wincoop\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Winkler\;0\;author\;Winkler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wirjanto\;0\;author\;Wirjanto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wolfers\;0\;author\;Wolfers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wolman\;0\;author\;Wolman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Woodford\;0\;author\;Woodford\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wooldridge\;0\;author\;Wooldridge\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Working\;0\;author\;Working\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wouters\;0\;author\;Wouters\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wright\;0\;author\;Wright\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Xia\;0\;author\;Xia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Xiong\;0\;author\;Xiong\;0\;0\;1\;\;\;\;; -2 KeywordGroup:YEO\;0\;author\;YEO\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yamashita\;0\;author\;Yamashita\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yang\;0\;author\;Yang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yao\;0\;author\;Yao\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yaron\;0\;author\;Yaron\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yellen\;0\;author\;Yellen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yetman\;0\;author\;Yetman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yogo\;0\;author\;Yogo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yosha\;0\;author\;Yosha\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Young\;0\;author\;Young\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yuen\;0\;author\;Yuen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zechner\;0\;author\;Zechner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zeldes\;0\;author\;Zeldes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zeldes.\;0\;author\;Zeldes.\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zervos\;0\;author\;Zervos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zhang\;0\;author\;Zhang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zhou\;0\;author\;Zhou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zhu\;0\;author\;Zhu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zingales\;0\;author\;Zingales\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zivot\;0\;author\;Zivot\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zizlavsky\;0\;author\;Zizlavsky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zou\;0\;author\;Zou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zumer\;0\;author\;Zumer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:url{www.mortality.org}\;0\;author\;url{www.mortality.org}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Annika Sunden}\;0\;author\;{Annika Sunden}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Atkinson, Anthony B.}\;0\;author\;{Atkinson, Anthony B.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Auerbach, Alan J.}\;0\;author\;{Auerbach, Alan J.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Biv c'akov'a}\;0\;author\;{Biv c'akov'a}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Bizer, David S.}\;0\;author\;{Bizer, David S.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Board of Governors of the Federal Reserve System}\;0\;author\;{Board of Governors of the Federal Reserve System}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Browning, Martin}\;0\;author\;{Browning, Martin}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Bureau of Economic Analysis}\;0\;author\;{Bureau of Economic Analysis}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Bureau{~}of{~}Labor{~}Statistics}\;0\;author\;{Bureau{~}of{~}Labor{~}Statistics}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Campbell, John Y.}\;0\;author\;{Campbell, John Y.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Christiano, Lawrence J.}\;0\;author\;{Christiano, Lawrence J.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Christina H. Paxson}\;0\;author\;{Christina H. Paxson}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Council of Economic Advisers}\;0\;author\;{Council of Economic Advisers}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Council~of~Economic~Advisers}\;0\;author\;{Council~of~Economic~Advisers}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{David Renelt}\;0\;author\;{David Renelt}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Deaton, Angus S.}\;0\;author\;{Deaton, Angus S.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Del Negro}\;0\;author\;{Del Negro}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Den Haan}\;0\;author\;{Den Haan}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Diane L. Rogers}\;0\;author\;{Diane L. Rogers}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Edward C. Prescott}\;0\;author\;{Edward C. Prescott}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{European Central Bank}\;0\;author\;{European Central Bank}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Fullerton, Don}\;0\;author\;{Fullerton, Don}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Galuv sv c'ak}\;0\;author\;{Galuv sv c'ak}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Geoffrey Heal}\;0\;author\;{Geoffrey Heal}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Gill,~P.~E., W.~Murray}\;0\;author\;{Gill,~P.~E., W.~Murray}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Harald Uhlig}\;0\;author\;{Harald Uhlig}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{International Monetary Fund}\;0\;author\;{International Monetary Fund}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{J. Burbridge}\;0\;author\;{J. Burbridge}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Jones, L.~E., Rodolfo E.~Manuelli}\;0\;author\;{Jones, L.~E., Rodolfo E.~Manuelli}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Joseph E. Stiglitz}\;0\;author\;{Joseph E. Stiglitz}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Jurajda}\;0\;author\;{Jurajda}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Kenneth L. Judd}\;0\;author\;{Kenneth L. Judd}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Kennickell, Arthur B.}\;0\;author\;{Kennickell, Arthur B.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{King, Robert G.}\;0\;author\;{King, Robert G.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Kydland, Finn E.}\;0\;author\;{Kydland, Finn E.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Laurence J. Kotlikoff}\;0\;author\;{Laurence J. Kotlikoff}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Levine, Ross E.}\;0\;author\;{Levine, Ross E.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Lucas, Robert E.}\;0\;author\;{Lucas, Robert E.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Luengo-Prado}\;0\;author\;{Luengo-Prado}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{M.~H.~Wright}\;0\;author\;{M.~H.~Wright}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Martin Eichenbaum}\;0\;author\;{Martin Eichenbaum}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Milesi-Ferretti, Gian~Maria}\;0\;author\;{Milesi-Ferretti, Gian~Maria}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Mulligan, Casey B.}\;0\;author\;{Mulligan, Casey B.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Nelson, Charles R.}\;0\;author\;{Nelson, Charles R.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Nouriel Roubini}\;0\;author\;{Nouriel Roubini}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Osterwald--Lenum}\;0\;author\;{Osterwald--Lenum}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{P.~E.~Rossi}\;0\;author\;{P.~E.~Rossi}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Parente, Steven L.}\;0\;author\;{Parente, Steven L.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Ryder, Harl}\;0\;author\;{Ryder, Harl}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{So rensen}\;0\;author\;{So rensen}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Sala-i-Martin}\;0\;author\;{Sala-i-Martin}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Sergio T. Rebelo}\;0\;author\;{Sergio T. Rebelo}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Slav c'alek}\;0\;author\;{Slav c'alek}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Slav'i k}\;0\;author\;{Slav'i k}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Sl{o}k}\;0\;author\;{Sl{o}k}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Staiger, Douglas}\;0\;author\;{Staiger, Douglas}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Stokey, Nancy L.}\;0\;author\;{Stokey, Nancy L.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Survey of Consumer Finances}\;0\;author\;{Survey of Consumer Finances}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Taylor, John B.}\;0\;author\;{Taylor, John B.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Van Nieuwerburgh}\;0\;author\;{Van Nieuwerburgh}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Van Reenen}\;0\;author\;{Van Reenen}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Vissing-Jo rgensen}\;0\;author\;{Vissing-Jo rgensen}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Xavier Sala-i-Martin}\;0\;author\;{Xavier Sala-i-Martin}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Zubrick'y}\;0\;author\;{Zubrick'y}\;0\;0\;1\;\;\;\;; -1 StaticGroup:Flavin\;0\;1\;\;\;\;; -1 KeywordGroup:JirkasEntries\;0\;owner\;jirka\;0\;0\;1\;\;\;\;; -} - -@Comment{jabref-meta: groupsversion: -3; -} - -@Comment{jabref-meta: selector_Author:Norman;} - -@Comment{jabref-meta: selector_author:Norman;} - -@Comment{jabref-entrytype: Header: req[] opt[]} - -@Comment{jabref-entrytype: Inprogress: req[author;title;year;journal] opt[]} - -@string{aer = {american economic review}} - -@string{aerpp = {american economic review (papers and proceedings)}} - -@string{bell = {bell journal of economics}} - -@string{bibrary = {/volumes/sync/dropbox/bib/raw/bycitekey/}} - -@string{bje = {bell journal of economics}} - -@string{bpea = {brookings papers on economic activity}} - -@string{cr = {carnegie-rochester conference series on public policy}} - -@string{crcs = {carnegie-rochester conference series on public policy}} - -@string{eer = {european economic review}} - -@string{el = {economics letters}} - -@string{ema = {econometrica}} - -@string{games = {games and economic behavior}} - -@string{jbes = {journal of business and economic statistics}} - -@string{je = {journal of econometrics}} - -@string{jedc = {journal of economic dynamics and control}} - -@string{jel = {journal of economic literature}} - -@string{jep = {journal of economic perspectives}} - -@string{jet = {journal of economic theory}} - -@string{jf = {journal of finance}} - -@string{jfe = {journal of financial economics}} - -@string{jhr = {journal of human resources}} - -@string{jle = {journal of law and economics}} - -@string{jmcb = {journal of money, credit, and banking}} - -@string{jme = {journal of monetary economics}} - -@string{jmetrics = {journal of econometrics}} - -@string{jole = {journal of labor economics}} - -@string{jpe = {journal of political economy}} - -@string{jpube = {journal of public economics}} - -@string{md = {macroeconomic dynamics}} - -@string{mlr = {monthly labor review}} - -@string{nberma = {n.b.e.r. macroeconomics annual}} - -@string{nberwp = {national bureau of economic research working paper}} - -@string{qje = {quarterly journal of economics}} - -@string{rand = {rand journal of economics}} - -@string{restat = {review of economics and statistics}} - -@string{restud = {review of economic studies}} - -@string{rfs = {review of financial studies}} - -@string{rje = {rand journal of economics}} diff --git a/docs/NARK/Resources/texmf-local/texmf-local/bibtex/bst/econtex.bst b/docs/NARK/Resources/texmf-local/texmf-local/bibtex/bst/econtex.bst deleted file mode 100755 index 2b949e48f..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/bibtex/bst/econtex.bst +++ /dev/null @@ -1,1294 +0,0 @@ -%%% BEJournals Bibliography Style -%%% Modified from econometrica.bst by KCB (see documentation below) -%%% Modified by Christopher Carroll to print full names of authors when available rather than initials -%%% For use with harvard.sty and LaTeX2e (NFSS) or LaTeX 2.09 -%%% 24-aug-94 -%%% -%%% Based on makebst, but with modifications by -%%% kcb@hss.caltech.edu (KC Border) -%%% Please report any problems to me. -%%% -%%% The main changes from the ouput of makebst are: -%%% 1. Addition of a function to replace repeated authors with a 3 em dash. -%%% (Search for compare.names, this function is portable.) -%%% 2. Modification of output.nonnull to allow commas inside quotation marks -%%% and no comma after year. -%%% 3.Eliminated feature (bug?) of the harvard style of citation. -%%% It creates a short label for subsequent citations. This alleged -%%% feature shortens both Aliprantis, Border, and Luxemburg (1991) and -%%% Aliprantis, Brown, and Burkinshaw (1991) to Aliprantis et~al. (1991). -%%% This creates the need to label these as -%%% Aliprantis, Border, and Luxemburg (1991a) and -%%% Aliprantis, Brown, and Burkinshaw (1991b), despite the fact -%%% that these entries have different authors. I used my own format -%%% for creating the labels, and used the same label for -%%% both the short and long forms. I know that the -%%% _Chicago_Manual_of_Style recommends using Aliprantis et~al, -%% but Econometrica regularly writes out three authors, -%% and it is rare to cite an article with more than four authors in -%%% Econometrica. (I couldn't find an example of even four being cited, -%%% but I didn't spend a lot of time looking.) -%%% 4. Addition of macros to handle editions. (My own idiosycracy.) -%%% 5. A new entry type called issue for special issues of a journal. -%%% (Another idiosyncracy.) -%%% 6. Many details to conform to Econometrica's quirks. -%%% (Search for KCB ) -%%% 7. I wrote this for use with LaTeX2e and the NFSS2. However, I did -%%% add some macros so it will work with LaTeX 2.09. -%%% (Search for \ifx\undefined\emph ) -%%% The remainder of this file was generated by makebst, except for -%%% modifications marked with KCB. -%% -%% This is file `em.bst', generated -%% on <1994/8/17> with the docstrip utility (2.2h). -%% -%% The original source files were: -%% -%% genbst.mbs (with options: `ay,har,nm-rev1,nmft-sc,dt-beg,yr-par,tit-qq,atit-u,thtit-a,volp-com,edby,blk-com,pp,ed,abr,and-com,nfss') -%% ---------------------------------------- -%% *** Econometrica style *** -%% -%% (Here are the specifications of the source file) -%% \def\filename{genbst.mbs} -%% \def\filedate{1994 July 1} -%% \def\fileversion{1.3} -%% For use with BibTeX version 0.99a or later, LaTeX version 2.09 -%%------------------------------------------------------------------- -%% NOTICE: -%% This file may be used for non-profit purposes. -%% It may not be distributed in exchange for money, -%% other than distribution costs. -%% -%% The author provides it `as is' and does not guarantee it in any way. -%% -%% Copyright (C) 1994 Patrick W. Daly -%% Max-Planck-Institut f\"ur Aeronomie -%% Postfach 20 -%% D-37189 Katlenburg-Lindau -%% Germany -%% -%% E-mail: -%% SPAN-- nsp::linmpi::daly (note nsp also known as ecd1) -%% Internet-- daly@linmpi.dnet.gwdg.de -%%----------------------------------------------------------- -%% \CharacterTable -%% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z -%% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z -%% Digits \0\1\2\3\4\5\6\7\8\9 -%% Exclamation \! Double quote \" Hash (number) \# -%% Dollar \$ Percent \% Ampersand \& -%% Acute accent \' Left paren \( Right paren \) -%% Asterisk \* Plus \+ Comma \, -%% Minus \- Point \. Solidus \/ -%% Colon \: Semicolon \; Less than \< -%% Equals \= Greater than \> Question mark \? -%% Commercial at \@ Left bracket \[ Backslash \\ -%% Right bracket \] Circumflex \^ Underscore \_ -%% Grave accent \` Left brace \{ Vertical bar \| -%% Right brace \} Tilde \~} -%%--------------------------------------------------------------------- - % This is an author-year citation style bibliography. As such, it is - % non-standard LaTeX, and requires a style option to function properly. - % The appropriate style file is: harvard.sty - % The form of the bibitem entries is - % \harvarditem[Jones et al.]{Jones, Baker, and Smith}{1990}{key}... - % There are style changes that may be specified in the text with - % the command \citationstyle. - % \citeasnoun{key} ==>> Jones et al. (1990) - % \cite{key} ==>> (Jones et al. 1990) - % \cite[chap. 2]{key} ==>> (Jones et al. 1990, chap. 2) - % On the first citation of any work, the full author list is used. -%%--------------------------------------------------------------------- - -ENTRY - { address - author - booktitle - chapter - edition - editor - howpublished - institution - journal - key - month - note - number - organization - pages - publisher - school - series - title - type - volume - year - } - {} - { label extra.label sort.label } %%%KCB: removed long.label - -INTEGERS { output.state before.all mid.sentence after.sentence after.block } - -%%%KCB: new output state, no.comma -INTEGERS { no.comma} - -FUNCTION {init.state.consts} -{ #0 'before.all := - #1 'mid.sentence := - #2 'after.sentence := - #3 'after.block := - #4 'no.comma := %%%KCB -} - -STRINGS { s t } - - -%%%KCB: revise to use new output state -FUNCTION {output.nonnull} -{ 's := - output.state no.comma = %%%KCB: if in this state, write a space - { " " * write$ before.all 'output.state := } %%%KCB - { output.state mid.sentence = %%%KCB: add brace at beginning - { ", " * write$ } - { output.state after.block = - { add.period$ write$ - newline$ - "\newblock " write$ - } - { output.state before.all = - 'write$ - { add.period$ " " * write$ } - if$ - } - if$ - } - if$ - mid.sentence 'output.state := - } %%%KCB: matching brace - if$ %%%KCB: test for no.comma state - s -} - -FUNCTION {output} -{ duplicate$ empty$ - 'pop$ - 'output.nonnull - if$ -} - -FUNCTION {output.check} -{ 't := - duplicate$ empty$ - { pop$ "empty " t * " in " * cite$ * warning$ } - 'output.nonnull - if$ -} - -FUNCTION {output.bibitem} -{ newline$ - "\harvarditem[" write$ - label write$ - "]{" label * "}{" * write$ %%%KCB: replaced long.label with label - year duplicate$ empty$ - { pop$ "????" } - 'skip$ - if$ - extra.label * "}{" * write$ - cite$ write$ - "}" write$ - newline$ - "" - before.all 'output.state := -} - -FUNCTION {fin.entry} -{ add.period$ - write$ - newline$ -} - -FUNCTION {new.block} -{ output.state before.all = - 'skip$ - { after.block 'output.state := } - if$ -} - -FUNCTION {new.sentence} -{ output.state after.block = - 'skip$ - { output.state before.all = - 'skip$ - { after.sentence 'output.state := } - if$ - } - if$ -} - -FUNCTION {not} -{ { #0 } - { #1 } - if$ -} - -FUNCTION {and} -{ 'skip$ - { pop$ #0 } - if$ -} - -FUNCTION {or} -{ { pop$ #1 } - 'skip$ - if$ -} - -FUNCTION {new.block.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.block - if$ -} - -FUNCTION {field.or.null} -{ duplicate$ empty$ - { pop$ "" } - 'skip$ - if$ -} - -FUNCTION {emphasize} -{ duplicate$ empty$ - { pop$ "" } - { "\emph{" swap$ * "}" * } - if$ -} - -INTEGERS { nameptr namesleft numnames } - -%%%KCB: Here is a portable set of routines to check for repeated authors -%%% and replace them with a 3 em dash -%%% According to _Chicago_Manual_of_Style_, a dash is used to -%%% replace an author's name only if the entire list is the same, so: -%%% Compare names. See if prev.name is identical to CurrList. -%%% If not, then just output CurrList. -%%% If so, replace with \BySame -%%% I use a conservative matching scheme, -%%% and check to see if full names are identical, -%%% even though we only use initials. -%%% This may mean that you have to correct your .bib database -%%% to ensure consistency. -%%% -%%% sample usage: -%%% search for {format.author} - -INTEGERS {currNum prevNum} - -STRINGS {PrevList CurrList prev.name PrevTemp CurrTemp} - -%%%KCB: Initialize prev.name ot some nonsense string: - -FUNCTION {init.prev.name} -{ -"My puppy Harley" 'prev.name := -} - -%%%KCB: Must EXECUTE {init.prev.name} after READ - -%%%KCB: compare.names -FUNCTION {compare.names} -{ prev.name 'PrevList := - duplicate$ 'prev.name := % make current list the new previous list - 'CurrList := - PrevList num.names$ 'prevNum := - CurrList num.names$ 'currNum := -% - prevNum currNum = %% If prevNum = currNum - { "" 'PrevTemp := %% Then take this branch - "" 'CurrTemp := - #1 'nameptr := %%% start with first name in each list - { nameptr prevNum > not }%% while nameptr <= prevNum -%% Format both lists the same way. -%% Use full names: bib file might need to be corrected - { - PrevList nameptr "{ff }{vv~}{ll}{ jj}" format.name$ PrevTemp * 'PrevTemp := - CurrList nameptr "{ff }{vv~}{ll}{ jj}" format.name$ CurrTemp * 'CurrTemp := - nameptr #1 + 'nameptr := } - while$ -%% Now compare : - PrevTemp CurrTemp = %% If PrevTemp = CurrTemp - { "\BySame{}" } - { CurrList } - if$ - } - { CurrList } %% If not prevNum = currNum - if$ %% If prevNum = currNum -} - -%%% -%%% -%%%KCB: End of new routine. - - -FUNCTION {format.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { s nameptr "{ff~}{vv~}{ll}{, jj}" format.name$ 't := } - { s nameptr "{vv~}{ll}{, jj}{, ff}" format.name$ 't := } - if$ - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - ", " * - t "others" = - { " et~al." * } - { " {and} " * t * } %%%CDC: removed \small - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - - -FUNCTION {format.names.ed} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr - "{ff~}{vv~}{ll}{, jj}" - format.name$ 't := - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - ", " * - t "others" = - { " et~al." * } - { " {and} " * t * } %%%CDC: removed \small - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {format.key} -{ empty$ - { key field.or.null } - { "" } - if$ -} - -FUNCTION {format.authors} -{ author empty$ - { "" } - { "\textsc{" author compare.names format.names * "} " * } - if$ -} - -FUNCTION {format.editors} -{ editor empty$ - { "" } - { "\textsc{" editor compare.names format.names * " }" * - editor num.names$ #1 > - { " (eds.)" * } - { " (ed.)" * } - if$ - } - if$ -} - -FUNCTION {format.in.editors} -{ editor empty$ - { "" } - { editor format.names.ed - } - if$ -} - -FUNCTION {format.title} -{ title empty$ - { "" } - { title - "``" swap$ * ",'' " * - } -no.comma 'output.state := %%%KCB: - if$ -} - -FUNCTION {n.dashify} -{ 't := - "" - { t empty$ not } - { t #1 #1 substring$ "-" = - { t #1 #2 substring$ "--" = not - { "--" * - t #2 global.max$ substring$ 't := - } - { { t #1 #1 substring$ "-" = } - { "-" * - t #2 global.max$ substring$ 't := - } - while$ - } - if$ - } - { t #1 #1 substring$ * - t #2 global.max$ substring$ 't := - } - if$ - } - while$ -} - -FUNCTION {word.in} -{ "in " } - -FUNCTION {format.date} -{ year duplicate$ empty$ - { "empty year in " cite$ * "; set to ????" * warning$ - pop$ "????" } - 'skip$ - if$ - " (" swap$ * extra.label * "):" * %%%KCB: added : - before.all 'output.state := %%%KCB: -} - -FUNCTION {format.btitle} -{ title emphasize -no.comma 'output.state := %%%KCB: -} - -FUNCTION {tie.or.space.connect} -{ duplicate$ text.length$ #3 < - { "~" } - { " " } - if$ - swap$ * * -} - -FUNCTION {either.or.check} -{ empty$ - 'pop$ - { "can't use both " swap$ * " fields in " * cite$ * warning$ } - if$ -} - -FUNCTION {format.bvolume} -{ volume empty$ - { "" } - { "vol." volume tie.or.space.connect - series empty$ - 'skip$ - { " of " * series emphasize * } - if$ - "volume and number" number either.or.check - } - if$ -} - -FUNCTION {format.number.series} -{ volume empty$ - { number empty$ - { series field.or.null } - { output.state mid.sentence = - { "no." } - { "No." } - if$ - number tie.or.space.connect - series empty$ - { "there's a number but no series in " cite$ * warning$ } - { " in " * series * } - if$ - } - if$ - } - { "" } - if$ -} - -FUNCTION {format.edition} -{ edition empty$ - { "" } - { output.state mid.sentence = - { edition "l" change.case$ " edn." * } - { edition "t" change.case$ " edn." * } - if$ - } - if$ -} - -INTEGERS { multiresult } - -FUNCTION {multi.page.check} -{ 't := - #0 'multiresult := - { multiresult not - t empty$ not - and - } - { t #1 #1 substring$ - duplicate$ "-" = - swap$ duplicate$ "," = - swap$ "+" = - or or - { #1 'multiresult := } - { t #2 global.max$ substring$ 't := } - if$ - } - while$ - multiresult -} - -FUNCTION {format.pages} -{ pages empty$ - { "" } - { pages multi.page.check - { "pp." pages n.dashify tie.or.space.connect } - { "p." pages tie.or.space.connect } - if$ - } - if$ -} - -FUNCTION {format.vol.num.pages} -{ volume field.or.null - number empty$ - 'skip$ - { "(" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - pages empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.pages } - { ", " * pages n.dashify * } - if$ - } - if$ -} - -FUNCTION {format.chapter.pages} -{ chapter empty$ - 'format.pages - { type empty$ - { "chap." } - { type "l" change.case$ } - if$ - chapter tie.or.space.connect - pages empty$ - 'skip$ - { ", " * format.pages * } - if$ - } - if$ -} - -FUNCTION {format.in.ed.booktitle} -{ booktitle empty$ - { "" } - { editor empty$ - { word.in booktitle emphasize * } - { word.in booktitle emphasize * ", ed. by " * %%%KCB: abbrv ed. - format.in.editors * } - if$ - } - if$ -} - -FUNCTION {format.thesis.type} -{ type empty$ - 'skip$ - { pop$ - type "t" change.case$ - } - if$ -} - -FUNCTION {format.tr.number} -{ type empty$ - { "Discussion Paper" } %%%KCB: changed default - 'type - if$ - number empty$ - { "t" change.case$ } - { number tie.or.space.connect } - if$ -} - -FUNCTION {format.article.crossref} -{ - word.in - "\cite{" * crossref * "}" * -} - -FUNCTION {format.book.crossref} -{ volume empty$ - { "empty volume in " cite$ * "'s crossref of " * crossref * warning$ - word.in - } - { "vol." volume tie.or.space.connect - " of " * - } - if$ - "\cite{" * crossref * "}" * -} - -FUNCTION {format.incoll.inproc.crossref} -{ - word.in - "\cite{" * crossref * "}" * -} - -FUNCTION {article} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {book} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - format.date "year" output.check - format.btitle "title" output.check - mid.sentence 'output.state := %%%KCB: - crossref missing$ - { format.bvolume output - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { - format.book.crossref output.nonnull - } - if$ - format.edition output - note output - fin.entry -} - -FUNCTION {booklet} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.title "title" output.check - howpublished output - address output - note output - fin.entry -} - -FUNCTION {inbook} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - format.date "year" output.check - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - format.chapter.pages "chapter and pages" output.check - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { format.chapter.pages "chapter and pages" output.check - format.book.crossref output.nonnull - } - if$ - format.edition output - note output - fin.entry -} - -FUNCTION {incollection} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.chapter.pages output - new.sentence - publisher "publisher" output.check - address output - format.edition output - } - { format.incoll.inproc.crossref output.nonnull - format.chapter.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {inproceedings} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.pages output - address output - new.sentence - organization output - publisher output - } - { format.incoll.inproc.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {conference} { inproceedings } - -%%%KCB: special issue of a journal with a special editor - -FUNCTION {issue} -{ output.bibitem - format.editors output - editor format.key output - format.date "year" output.check - format.btitle "title" output.check - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {manual} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.btitle "title" output.check - organization output - address output - format.edition output - note output - fin.entry -} - -FUNCTION {mastersthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - "Master's thesis" format.thesis.type output.nonnull - school "school" output.check - address output - note output - fin.entry -} - -FUNCTION {misc} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.title output - howpublished output - note output - fin.entry -} - -FUNCTION {phdthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - "Ph.D. thesis" format.thesis.type output.nonnull - school "school" output.check - address output - note output - fin.entry -} - -FUNCTION {proceedings} -{ output.bibitem - format.editors output - editor format.key output - format.date "year" output.check - format.btitle "title" output.check - format.bvolume output - format.number.series output - address output - new.sentence - organization output - publisher output - note output - fin.entry -} - -FUNCTION {techreport} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - format.tr.number output.nonnull - institution "institution" output.check - address output - note output - fin.entry -} - -FUNCTION {unpublished} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - note "note" output.check - fin.entry -} - -FUNCTION {default.type} { misc } - -MACRO {jan} {"January"} - -MACRO {feb} {"February"} - -MACRO {mar} {"March"} - -MACRO {apr} {"April"} - -MACRO {may} {"May"} - -MACRO {jun} {"June"} - -MACRO {jul} {"July"} - -MACRO {aug} {"August"} - -MACRO {sep} {"September"} - -MACRO {oct} {"October"} - -MACRO {nov} {"November"} - -MACRO {dec} {"December"} - -%%%KCB: removed computer science journal macros -%%%KCB: added following macros for editions -MACRO {first} {"1st "} -MACRO {second} {"2d "} -MACRO {third} {"3d "} -MACRO {fourth} {"4th "} -MACRO {fifth} {"5th "} -MACRO {sixth} {"6th"} -MACRO {seventh} {"7th "} -MACRO {eighth} {"8th "} -MACRO {ninth} {"9th "} -MACRO {tenth} {"10th "} - -READ - -FUNCTION {sortify} -{ purify$ - "l" change.case$ -} - -INTEGERS { len } - -FUNCTION {chop.word} -{ 's := - 'len := - s #1 len substring$ = - { s len #1 + global.max$ substring$ } - 's - if$ -} - - -%%%KCB: Change format of labels: -FUNCTION {format.lab.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr "{vv~}{ll}" format.name$ 't := - nameptr #1 > - { namesleft #1 > - { ", " * t * } - { numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -%%%KCB: removed FUNCTION {format.long.lab.names} - -FUNCTION {author.key.label} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.editor.key.label} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {editor.key.label} -{ editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ -} - -%%%KCB: use entire year field as label - -FUNCTION {calc.label} -{ type$ "book" = - type$ "inbook" = - or - type$ "issue" = %%%KCB: need for new entry type - or %%%KCB - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.label - 'author.key.label - if$ - } - if$ - ", " - * - year field.or.null - * - 'label := -} - -FUNCTION {calc.short.label} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.label - 'author.key.label - if$ - } - if$ - 'label := -} - -%%%KCB: removed FUNCTION {calc.long.label} - -FUNCTION {sort.format.names} -{ 's := - #1 'nameptr := - "" - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { " " * } - 'skip$ - if$ - s nameptr - "{vv{ } }{ll{ }}{ f{ }}{ jj{ }}" - format.name$ 't := - nameptr numnames = t "others" = and - { "et al" * } - { t sortify * } - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {sort.format.title} -{ 't := - "A " #2 - "An " #3 - "The " #4 t chop.word - chop.word - chop.word - sortify - #1 global.max$ substring$ -} - -FUNCTION {author.sort} -{ author empty$ - { key empty$ - { "to sort, need author or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.editor.sort} -{ author empty$ - { editor empty$ - { key empty$ - { "to sort, need author, editor, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {editor.sort} -{ editor empty$ - { key empty$ - { "to sort, need editor or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ -} - -FUNCTION {presort} -{ calc.label - label sortify - " " - * - type$ "book" = - type$ "inbook" = - or - type$ "issue" = %%%KCB: need for new entry type - or %%%KCB - 'author.editor.sort - { type$ "proceedings" = - 'editor.sort - 'author.sort - if$ - } - if$ - #1 entry.max$ substring$ - 'sort.label := - sort.label - * - " " - * - title field.or.null - sort.format.title - * - #1 entry.max$ substring$ - 'sort.key$ := -} - -ITERATE {presort} - -SORT - -STRINGS { last.label next.extra } - -INTEGERS { last.extra.num } - -FUNCTION {initialize.extra.label.stuff} -{ #0 int.to.chr$ 'last.label := - "" 'next.extra := - #0 'last.extra.num := -} - -FUNCTION {forward.pass} -{ last.label label = - { last.extra.num #1 + 'last.extra.num := - last.extra.num int.to.chr$ 'extra.label := - } - { "a" chr.to.int$ 'last.extra.num := - "" 'extra.label := - label 'last.label := - } - if$ -} - -FUNCTION {reverse.pass} -{ next.extra "b" = - { "a" 'extra.label := } - 'skip$ - if$ - extra.label 'next.extra := -} - -EXECUTE {initialize.extra.label.stuff} - -EXECUTE {init.prev.name} %%%KCB: needed for replacing repeated authors - -ITERATE {forward.pass} - -REVERSE {reverse.pass} - -FUNCTION {bib.sort.order} -{ sort.label - " " - * - year field.or.null sortify - * - " " - * - title field.or.null - sort.format.title - * - #1 entry.max$ substring$ - 'sort.key$ := - calc.short.label -%%%KCB: removed calc.long.label -} - -ITERATE {bib.sort.order} - -SORT - -FUNCTION {begin.bib} -{ preamble$ empty$ - 'skip$ - { preamble$ write$ newline$ } - if$ -%%%KCB: add defn of \BySame, can be overridden in document -"\ifx\undefined\BySame" write$ newline$ - "\newcommand{\BySame}{\leavevmode\rule[.5ex]{3em}{.5pt}\ }" - write$ newline$ - "\fi" write$ newline$ -% %%% KCB: For those who still cling to LaTeX 2.09 -% "\ifx\undefined\textsc" write$ newline$ -% "\newcommand{\textsc}[1]{{\sc #1}}" -% write$ newline$ -% "\newcommand{\emph}[1]{{\em #1\/}}" -% write$ newline$ -% "\let\tmpsmall\small" write$ newline$ -% "\renewcommand{\small}{\tmpsmall\sc}" write$ newline$ -% "\fi" write$ newline$ -% %%% - "\begin{thebibliography}{}" write$ newline$ -} - -EXECUTE {begin.bib} - -EXECUTE {init.state.consts} - -ITERATE {call.type$} - -FUNCTION {end.bib} -{ newline$ - "\end{thebibliography}" write$ newline$ -"Done." top$ %%%KCB: Signal end for NeXTeX's TexView -} - -EXECUTE {end.bib} -%% End of customized bst file diff --git a/docs/NARK/Resources/texmf-local/texmf-local/bibtex/bst/handout.bst b/docs/NARK/Resources/texmf-local/texmf-local/bibtex/bst/handout.bst deleted file mode 100755 index d826b51ae..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/bibtex/bst/handout.bst +++ /dev/null @@ -1,1294 +0,0 @@ -%%% BEJournals Bibliography Style -%%% Modified from econometrica.bst by KCB (see documentation below) -%%% Modified by Christopher Carroll to print full names of authors when available rather than initials -%%% For use with harvard.sty and LaTeX2e (NFSS) or LaTeX 2.09 -%%% 24-aug-94 -%%% -%%% Based on makebst, but with modifications by -%%% kcb@hss.caltech.edu (KC Border) -%%% Please report any problems to me. -%%% -%%% The main changes from the ouput of makebst are: -%%% 1. Addition of a function to replace repeated authors with a 3 em dash. -%%% (Search for compare.names, this function is portable.) -%%% 2. Modification of output.nonnull to allow commas inside quotation marks -%%% and no comma after year. -%%% 3.Eliminated feature (bug?) of the harvard style of citation. -%%% It creates a short label for subsequent citations. This alleged -%%% feature shortens both Aliprantis, Border, and Luxemburg (1991) and -%%% Aliprantis, Brown, and Burkinshaw (1991) to Aliprantis et~al. (1991). -%%% This creates the need to label these as -%%% Aliprantis, Border, and Luxemburg (1991a) and -%%% Aliprantis, Brown, and Burkinshaw (1991b), despite the fact -%%% that these entries have different authors. I used my own format -%%% for creating the labels, and used the same label for -%%% both the short and long forms. I know that the -%%% _Chicago_Manual_of_Style recommends using Aliprantis et~al, -%% but Econometrica regularly writes out three authors, -%% and it is rare to cite an article with more than four authors in -%%% Econometrica. (I couldn't find an example of even four being cited, -%%% but I didn't spend a lot of time looking.) -%%% 4. Addition of macros to handle editions. (My own idiosycracy.) -%%% 5. A new entry type called issue for special issues of a journal. -%%% (Another idiosyncracy.) -%%% 6. Many details to conform to Econometrica's quirks. -%%% (Search for KCB ) -%%% 7. I wrote this for use with LaTeX2e and the NFSS2. However, I did -%%% add some macros so it will work with LaTeX 2.09. -%%% (Search for \ifx\undefined\emph ) -%%% The remainder of this file was generated by makebst, except for -%%% modifications marked with KCB. -%% -%% This is file `em.bst', generated -%% on <1994/8/17> with the docstrip utility (2.2h). -%% -%% The original source files were: -%% -%% genbst.mbs (with options: `ay,har,nm-rev1,nmft-sc,dt-beg,yr-par,tit-qq,atit-u,thtit-a,volp-com,edby,blk-com,pp,ed,abr,and-com,nfss') -%% ---------------------------------------- -%% *** Econometrica style *** -%% -%% (Here are the specifications of the source file) -%% \def\filename{genbst.mbs} -%% \def\filedate{1994 July 1} -%% \def\fileversion{1.3} -%% For use with BibTeX version 0.99a or later, LaTeX version 2.09 -%%------------------------------------------------------------------- -%% NOTICE: -%% This file may be used for non-profit purposes. -%% It may not be distributed in exchange for money, -%% other than distribution costs. -%% -%% The author provides it `as is' and does not guarantee it in any way. -%% -%% Copyright (C) 1994 Patrick W. Daly -%% Max-Planck-Institut f\"ur Aeronomie -%% Postfach 20 -%% D-37189 Katlenburg-Lindau -%% Germany -%% -%% E-mail: -%% SPAN-- nsp::linmpi::daly (note nsp also known as ecd1) -%% Internet-- daly@linmpi.dnet.gwdg.de -%%----------------------------------------------------------- -%% \CharacterTable -%% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z -%% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z -%% Digits \0\1\2\3\4\5\6\7\8\9 -%% Exclamation \! Double quote \" Hash (number) \# -%% Dollar \$ Percent \% Ampersand \& -%% Acute accent \' Left paren \( Right paren \) -%% Asterisk \* Plus \+ Comma \, -%% Minus \- Point \. Solidus \/ -%% Colon \: Semicolon \; Less than \< -%% Equals \= Greater than \> Question mark \? -%% Commercial at \@ Left bracket \[ Backslash \\ -%% Right bracket \] Circumflex \^ Underscore \_ -%% Grave accent \` Left brace \{ Vertical bar \| -%% Right brace \} Tilde \~} -%%--------------------------------------------------------------------- - % This is an author-year citation style bibliography. As such, it is - % non-standard LaTeX, and requires a style option to function properly. - % The appropriate style file is: harvard.sty - % The form of the bibitem entries is - % \harvarditem[Jones et al.]{Jones, Baker, and Smith}{1990}{key}... - % There are style changes that may be specified in the text with - % the command \citationstyle. - % \citeasnoun{key} ==>> Jones et al. (1990) - % \cite{key} ==>> (Jones et al. 1990) - % \cite[chap. 2]{key} ==>> (Jones et al. 1990, chap. 2) - % On the first citation of any work, the full author list is used. -%%--------------------------------------------------------------------- - -ENTRY - { address - author - booktitle - chapter - edition - editor - howpublished - institution - journal - key - month - note - number - organization - pages - publisher - school - series - title - type - volume - year - } - {} - { label extra.label sort.label } %%%KCB: removed long.label - -INTEGERS { output.state before.all mid.sentence after.sentence after.block } - -%%%KCB: new output state, no.comma -INTEGERS { no.comma} - -FUNCTION {init.state.consts} -{ #0 'before.all := - #1 'mid.sentence := - #2 'after.sentence := - #3 'after.block := - #4 'no.comma := %%%KCB -} - -STRINGS { s t } - - -%%%KCB: revise to use new output state -FUNCTION {output.nonnull} -{ 's := - output.state no.comma = %%%KCB: if in this state, write a space - { " " * write$ before.all 'output.state := } %%%KCB - { output.state mid.sentence = %%%KCB: add brace at beginning - { ", " * write$ } - { output.state after.block = - { add.period$ write$ - newline$ - "\newblock " write$ - } - { output.state before.all = - 'write$ - { add.period$ " " * write$ } - if$ - } - if$ - } - if$ - mid.sentence 'output.state := - } %%%KCB: matching brace - if$ %%%KCB: test for no.comma state - s -} - -FUNCTION {output} -{ duplicate$ empty$ - 'pop$ - 'output.nonnull - if$ -} - -FUNCTION {output.check} -{ 't := - duplicate$ empty$ - { pop$ "empty " t * " in " * cite$ * warning$ } - 'output.nonnull - if$ -} - -FUNCTION {output.bibitem} -{ newline$ - "\harvarditem[" write$ - label write$ - "]{" label * "}{" * write$ %%%KCB: replaced long.label with label - year duplicate$ empty$ - { pop$ "????" } - 'skip$ - if$ - extra.label * "}{" * write$ - cite$ write$ - "}" write$ - newline$ - "" - before.all 'output.state := -} - -FUNCTION {fin.entry} -{ add.period$ - write$ - newline$ -} - -FUNCTION {new.block} -{ output.state before.all = - 'skip$ - { after.block 'output.state := } - if$ -} - -FUNCTION {new.sentence} -{ output.state after.block = - 'skip$ - { output.state before.all = - 'skip$ - { after.sentence 'output.state := } - if$ - } - if$ -} - -FUNCTION {not} -{ { #0 } - { #1 } - if$ -} - -FUNCTION {and} -{ 'skip$ - { pop$ #0 } - if$ -} - -FUNCTION {or} -{ { pop$ #1 } - 'skip$ - if$ -} - -FUNCTION {new.block.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.block - if$ -} - -FUNCTION {field.or.null} -{ duplicate$ empty$ - { pop$ "" } - 'skip$ - if$ -} - -FUNCTION {emphasize} -{ duplicate$ empty$ - { pop$ "" } - { "\emph{" swap$ * "}" * } - if$ -} - -INTEGERS { nameptr namesleft numnames } - -%%%KCB: Here is a portable set of routines to check for repeated authors -%%% and replace them with a 3 em dash -%%% According to _Chicago_Manual_of_Style_, a dash is used to -%%% replace an author's name only if the entire list is the same, so: -%%% Compare names. See if prev.name is identical to CurrList. -%%% If not, then just output CurrList. -%%% If so, replace with \BySame -%%% I use a conservative matching scheme, -%%% and check to see if full names are identical, -%%% even though we only use initials. -%%% This may mean that you have to correct your .bib database -%%% to ensure consistency. -%%% -%%% sample usage: -%%% search for {format.author} - -INTEGERS {currNum prevNum} - -STRINGS {PrevList CurrList prev.name PrevTemp CurrTemp} - -%%%KCB: Initialize prev.name ot some nonsense string: - -FUNCTION {init.prev.name} -{ -"My puppy Harley" 'prev.name := -} - -%%%KCB: Must EXECUTE {init.prev.name} after READ - -%%%KCB: compare.names -FUNCTION {compare.names} -{ prev.name 'PrevList := - duplicate$ 'prev.name := % make current list the new previous list - 'CurrList := - PrevList num.names$ 'prevNum := - CurrList num.names$ 'currNum := -% - prevNum currNum = %% If prevNum = currNum - { "" 'PrevTemp := %% Then take this branch - "" 'CurrTemp := - #1 'nameptr := %%% start with first name in each list - { nameptr prevNum > not }%% while nameptr <= prevNum -%% Format both lists the same way. -%% Use full names: bib file might need to be corrected - { - PrevList nameptr "{ff }{vv~}{ll}{ jj}" format.name$ PrevTemp * 'PrevTemp := - CurrList nameptr "{ff }{vv~}{ll}{ jj}" format.name$ CurrTemp * 'CurrTemp := - nameptr #1 + 'nameptr := } - while$ -%% Now compare : - PrevTemp CurrTemp = %% If PrevTemp = CurrTemp - { "\BySame{}" } - { CurrList } - if$ - } - { CurrList } %% If not prevNum = currNum - if$ %% If prevNum = currNum -} - -%%% -%%% -%%%KCB: End of new routine. - - -FUNCTION {format.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { s nameptr "{ff~}{vv~}{ll}{, jj}" format.name$ 't := } - { s nameptr "{vv~}{ll}{, jj}{, ff}" format.name$ 't := } - if$ - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - ", " * - t "others" = - { " et~al." * } - { " {and} " * t * } %%%CDC: removed \small - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - - -FUNCTION {format.names.ed} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr - "{ff~}{vv~}{ll}{, jj}" - format.name$ 't := - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - ", " * - t "others" = - { " et~al." * } - { " {and} " * t * } %%%CDC: removed \small - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {format.key} -{ empty$ - { key field.or.null } - { "" } - if$ -} - -FUNCTION {format.authors} -{ author empty$ - { "" } - { "\textsc{" author compare.names format.names * "} " * } - if$ -} - -FUNCTION {format.editors} -{ editor empty$ - { "" } - { "\textsc{" editor compare.names format.names * " }" * - editor num.names$ #1 > - { " (eds.)" * } - { " (ed.)" * } - if$ - } - if$ -} - -FUNCTION {format.in.editors} -{ editor empty$ - { "" } - { editor format.names.ed - } - if$ -} - -FUNCTION {format.title} -{ title empty$ - { "" } - { title - "``" swap$ * ",'' " * - } -no.comma 'output.state := %%%KCB: - if$ -} - -FUNCTION {n.dashify} -{ 't := - "" - { t empty$ not } - { t #1 #1 substring$ "-" = - { t #1 #2 substring$ "--" = not - { "--" * - t #2 global.max$ substring$ 't := - } - { { t #1 #1 substring$ "-" = } - { "-" * - t #2 global.max$ substring$ 't := - } - while$ - } - if$ - } - { t #1 #1 substring$ * - t #2 global.max$ substring$ 't := - } - if$ - } - while$ -} - -FUNCTION {word.in} -{ "in " } - -FUNCTION {format.date} -{ year duplicate$ empty$ - { "empty year in " cite$ * "; set to ????" * warning$ - pop$ "????" } - 'skip$ - if$ - " (" swap$ * extra.label * "):" * %%%KCB: added : - before.all 'output.state := %%%KCB: -} - -FUNCTION {format.btitle} -{ title emphasize -no.comma 'output.state := %%%KCB: -} - -FUNCTION {tie.or.space.connect} -{ duplicate$ text.length$ #3 < - { "~" } - { " " } - if$ - swap$ * * -} - -FUNCTION {either.or.check} -{ empty$ - 'pop$ - { "can't use both " swap$ * " fields in " * cite$ * warning$ } - if$ -} - -FUNCTION {format.bvolume} -{ volume empty$ - { "" } - { "vol." volume tie.or.space.connect - series empty$ - 'skip$ - { " of " * series emphasize * } - if$ - "volume and number" number either.or.check - } - if$ -} - -FUNCTION {format.number.series} -{ volume empty$ - { number empty$ - { series field.or.null } - { output.state mid.sentence = - { "no." } - { "No." } - if$ - number tie.or.space.connect - series empty$ - { "there's a number but no series in " cite$ * warning$ } - { " in " * series * } - if$ - } - if$ - } - { "" } - if$ -} - -FUNCTION {format.edition} -{ edition empty$ - { "" } - { output.state mid.sentence = - { edition "l" change.case$ " edn." * } - { edition "t" change.case$ " edn." * } - if$ - } - if$ -} - -INTEGERS { multiresult } - -FUNCTION {multi.page.check} -{ 't := - #0 'multiresult := - { multiresult not - t empty$ not - and - } - { t #1 #1 substring$ - duplicate$ "-" = - swap$ duplicate$ "," = - swap$ "+" = - or or - { #1 'multiresult := } - { t #2 global.max$ substring$ 't := } - if$ - } - while$ - multiresult -} - -FUNCTION {format.pages} -{ pages empty$ - { "" } - { pages multi.page.check - { "pp." pages n.dashify tie.or.space.connect } - { "p." pages tie.or.space.connect } - if$ - } - if$ -} - -FUNCTION {format.vol.num.pages} -{ volume field.or.null - number empty$ - 'skip$ - { "(" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - pages empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.pages } - { ", " * pages n.dashify * } - if$ - } - if$ -} - -FUNCTION {format.chapter.pages} -{ chapter empty$ - 'format.pages - { type empty$ - { "chap." } - { type "l" change.case$ } - if$ - chapter tie.or.space.connect - pages empty$ - 'skip$ - { ", " * format.pages * } - if$ - } - if$ -} - -FUNCTION {format.in.ed.booktitle} -{ booktitle empty$ - { "" } - { editor empty$ - { word.in booktitle emphasize * } - { word.in booktitle emphasize * ", ed. by " * %%%KCB: abbrv ed. - format.in.editors * } - if$ - } - if$ -} - -FUNCTION {format.thesis.type} -{ type empty$ - 'skip$ - { pop$ - type "t" change.case$ - } - if$ -} - -FUNCTION {format.tr.number} -{ type empty$ - { "Discussion Paper" } %%%KCB: changed default - 'type - if$ - number empty$ - { "t" change.case$ } - { number tie.or.space.connect } - if$ -} - -FUNCTION {format.article.crossref} -{ - word.in - "\cite{" * crossref * "}" * -} - -FUNCTION {format.book.crossref} -{ volume empty$ - { "empty volume in " cite$ * "'s crossref of " * crossref * warning$ - word.in - } - { "vol." volume tie.or.space.connect - " of " * - } - if$ - "\cite{" * crossref * "}" * -} - -FUNCTION {format.incoll.inproc.crossref} -{ - word.in - "\cite{" * crossref * "}" * -} - -FUNCTION {article} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {book} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - format.date "year" output.check - format.btitle "title" output.check - mid.sentence 'output.state := %%%KCB: - crossref missing$ - { format.bvolume output - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { - format.book.crossref output.nonnull - } - if$ - format.edition output - note output - fin.entry -} - -FUNCTION {booklet} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.title "title" output.check - howpublished output - address output - note output - fin.entry -} - -FUNCTION {inbook} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - format.date "year" output.check - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - format.chapter.pages "chapter and pages" output.check - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { format.chapter.pages "chapter and pages" output.check - format.book.crossref output.nonnull - } - if$ - format.edition output - note output - fin.entry -} - -FUNCTION {incollection} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.chapter.pages output - new.sentence - publisher "publisher" output.check - address output - format.edition output - } - { format.incoll.inproc.crossref output.nonnull - format.chapter.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {inproceedings} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.pages output - address output - new.sentence - organization output - publisher output - } - { format.incoll.inproc.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {conference} { inproceedings } - -%%%KCB: special issue of a journal with a special editor - -FUNCTION {issue} -{ output.bibitem - format.editors output - editor format.key output - format.date "year" output.check - format.btitle "title" output.check - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {manual} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.btitle "title" output.check - organization output - address output - format.edition output - note output - fin.entry -} - -FUNCTION {mastersthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - "Master's thesis" format.thesis.type output.nonnull - school "school" output.check - address output - note output - fin.entry -} - -FUNCTION {misc} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.title output - howpublished output - note output - fin.entry -} - -FUNCTION {phdthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - "Ph.D. thesis" format.thesis.type output.nonnull - school "school" output.check - address output - note output - fin.entry -} - -FUNCTION {proceedings} -{ output.bibitem - format.editors output - editor format.key output - format.date "year" output.check - format.btitle "title" output.check - format.bvolume output - format.number.series output - address output - new.sentence - organization output - publisher output - note output - fin.entry -} - -FUNCTION {techreport} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - format.tr.number output.nonnull - institution "institution" output.check - address output - note output - fin.entry -} - -FUNCTION {unpublished} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - note "note" output.check - fin.entry -} - -FUNCTION {default.type} { misc } - -MACRO {jan} {"January"} - -MACRO {feb} {"February"} - -MACRO {mar} {"March"} - -MACRO {apr} {"April"} - -MACRO {may} {"May"} - -MACRO {jun} {"June"} - -MACRO {jul} {"July"} - -MACRO {aug} {"August"} - -MACRO {sep} {"September"} - -MACRO {oct} {"October"} - -MACRO {nov} {"November"} - -MACRO {dec} {"December"} - -%%%KCB: removed computer science journal macros -%%%KCB: added following macros for editions -MACRO {first} {"1st "} -MACRO {second} {"2d "} -MACRO {third} {"3d "} -MACRO {fourth} {"4th "} -MACRO {fifth} {"5th "} -MACRO {sixth} {"6th"} -MACRO {seventh} {"7th "} -MACRO {eighth} {"8th "} -MACRO {ninth} {"9th "} -MACRO {tenth} {"10th "} - -READ - -FUNCTION {sortify} -{ purify$ - "l" change.case$ -} - -INTEGERS { len } - -FUNCTION {chop.word} -{ 's := - 'len := - s #1 len substring$ = - { s len #1 + global.max$ substring$ } - 's - if$ -} - - -%%%KCB: Change format of labels: -FUNCTION {format.lab.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr "{vv~}{ll}" format.name$ 't := - nameptr #1 > - { namesleft #1 > - { ", " * t * } - { numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -%%%KCB: removed FUNCTION {format.long.lab.names} - -FUNCTION {author.key.label} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.editor.key.label} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {editor.key.label} -{ editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ -} - -%%%KCB: use entire year field as label - -FUNCTION {calc.label} -{ type$ "book" = - type$ "inbook" = - or - type$ "issue" = %%%KCB: need for new entry type - or %%%KCB - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.label - 'author.key.label - if$ - } - if$ - ", " - * - year field.or.null - * - 'label := -} - -FUNCTION {calc.short.label} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.label - 'author.key.label - if$ - } - if$ - 'label := -} - -%%%KCB: removed FUNCTION {calc.long.label} - -FUNCTION {sort.format.names} -{ 's := - #1 'nameptr := - "" - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { " " * } - 'skip$ - if$ - s nameptr - "{vv{ } }{ll{ }}{ f{ }}{ jj{ }}" - format.name$ 't := - nameptr numnames = t "others" = and - { "et al" * } - { t sortify * } - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {sort.format.title} -{ 't := - "A " #2 - "An " #3 - "The " #4 t chop.word - chop.word - chop.word - sortify - #1 global.max$ substring$ -} - -FUNCTION {author.sort} -{ author empty$ - { key empty$ - { "to sort, need author or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.editor.sort} -{ author empty$ - { editor empty$ - { key empty$ - { "to sort, need author, editor, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {editor.sort} -{ editor empty$ - { key empty$ - { "to sort, need editor or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ -} - -FUNCTION {presort} -{ calc.label - label sortify - " " - * - type$ "book" = - type$ "inbook" = - or - type$ "issue" = %%%KCB: need for new entry type - or %%%KCB - 'author.editor.sort - { type$ "proceedings" = - 'editor.sort - 'author.sort - if$ - } - if$ - #1 entry.max$ substring$ - 'sort.label := - sort.label - * - " " - * - title field.or.null - sort.format.title - * - #1 entry.max$ substring$ - 'sort.key$ := -} - -ITERATE {presort} - -SORT - -STRINGS { last.label next.extra } - -INTEGERS { last.extra.num } - -FUNCTION {initialize.extra.label.stuff} -{ #0 int.to.chr$ 'last.label := - "" 'next.extra := - #0 'last.extra.num := -} - -FUNCTION {forward.pass} -{ last.label label = - { last.extra.num #1 + 'last.extra.num := - last.extra.num int.to.chr$ 'extra.label := - } - { "a" chr.to.int$ 'last.extra.num := - "" 'extra.label := - label 'last.label := - } - if$ -} - -FUNCTION {reverse.pass} -{ next.extra "b" = - { "a" 'extra.label := } - 'skip$ - if$ - extra.label 'next.extra := -} - -EXECUTE {initialize.extra.label.stuff} - -EXECUTE {init.prev.name} %%%KCB: needed for replacing repeated authors - -ITERATE {forward.pass} - -REVERSE {reverse.pass} - -FUNCTION {bib.sort.order} -{ sort.label - " " - * - year field.or.null sortify - * - " " - * - title field.or.null - sort.format.title - * - #1 entry.max$ substring$ - 'sort.key$ := - calc.short.label -%%%KCB: removed calc.long.label -} - -ITERATE {bib.sort.order} - -SORT - -FUNCTION {begin.bib} -{ preamble$ empty$ - 'skip$ - { preamble$ write$ newline$ } - if$ -%%%KCB: add defn of \BySame, can be overridden in document -"\ifx\undefined\BySame" write$ newline$ - "\newcommand{\BySame}{\leavevmode\rule[.5ex]{3em}{.5pt}\ }" - write$ newline$ - "\fi" write$ newline$ -%%% KCB: For those who still cling to LaTeX 2.09 -"\ifx\undefined\textsc" write$ newline$ - "\newcommand{\textsc}[1]{{\sc #1}}" - write$ newline$ - "\newcommand{\emph}[1]{{\em #1\/}}" - write$ newline$ -"\let\tmpsmall\small" write$ newline$ -"\renewcommand{\small}{\tmpsmall\sc}" write$ newline$ - "\fi" write$ newline$ -%%% - "\begin{thebibliography}{}" write$ newline$ -} - -EXECUTE {begin.bib} - -EXECUTE {init.state.consts} - -ITERATE {call.type$} - -FUNCTION {end.bib} -{ newline$ - "\end{thebibliography}" write$ newline$ -"Done." top$ %%%KCB: Signal end for NeXTeX's TexView -} - -EXECUTE {end.bib} -%% End of customized bst file diff --git a/docs/NARK/Resources/texmf-local/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst b/docs/NARK/Resources/texmf-local/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst deleted file mode 100755 index fb0bb89d8..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst +++ /dev/null @@ -1,1403 +0,0 @@ -%% -%% This is file `unsrtnat.bst', -%% generated with the docstrip utility. -%% -%% The original source files were: -%% -%% natbst.mbs (with options: `name-full,atit-lower,month-full,jour-full') -%% ---------------------------------------- -%% *** Version of `abbrv.bst' for use with natbib package *** -%% - % The original source file contains the following version information: - % \ProvidesFile{natbst.mbs}[1997/03/19 1.4 (PWD)] - - %% BibTeX `plainnat' family - %% version 0.99b for BibTeX versions 0.99a or later, LaTeX version 2.09. - %% - %% For use with the `natbib.sty' package; emulates the corresponding - %% member of the `plain' family, but with author-year citations. - %% - %% With version 6.0 of `natbib.sty', it may also be used for numerical - %% citations, while retaining the commands \citeauthor, \citefullauthor, - %% and \citeyear to print the corresponding information. - %% -ENTRY - { address - author - booktitle - chapter - edition - editor - howpublished - institution - journal - key - month - note - number - organization - pages - publisher - school - series - title - type - volume - year - } - {} - { label extra.label sort.label short.list } - -INTEGERS { output.state before.all mid.sentence after.sentence after.block } - -FUNCTION {init.state.consts} -{ #0 'before.all := - #1 'mid.sentence := - #2 'after.sentence := - #3 'after.block := -} - -STRINGS { s t } - -FUNCTION {output.nonnull} -{ 's := - output.state mid.sentence = - { " " * write$ } % CDC modified - previously it was a comma. - { output.state after.block = - { add.period$ write$ - newline$ - "\newblock " write$ - } - { output.state before.all = - 'write$ - { add.period$ " " * write$ } - if$ - } - if$ - mid.sentence 'output.state := - } - if$ - s -} - -FUNCTION {output} -{ duplicate$ empty$ - 'pop$ - 'output.nonnull - if$ -} - -FUNCTION {output.check} -{ 't := - duplicate$ empty$ - { pop$ "empty " t * " in " * cite$ * warning$ } - 'output.nonnull - if$ -} - -FUNCTION {fin.entry} -{ %add.period$ - write$ - newline$ -} - -FUNCTION {new.block} -{ output.state before.all = - 'skip$ - { after.block 'output.state := } - if$ -} - -FUNCTION {new.sentence} -{ output.state after.block = - 'skip$ - { output.state before.all = - 'skip$ - { after.sentence 'output.state := } - if$ - } - if$ -} - -FUNCTION {not} -{ { #0 } - { #1 } - if$ -} - -FUNCTION {and} -{ 'skip$ - { pop$ #0 } - if$ -} - -FUNCTION {or} -{ { pop$ #1 } - 'skip$ - if$ -} - -FUNCTION {new.block.checka} -{ empty$ - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.block.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.sentence.checka} -{ empty$ - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {new.sentence.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {field.or.null} -{ duplicate$ empty$ - { pop$ "" } - 'skip$ - if$ -} - -FUNCTION {emphasize} -{ duplicate$ empty$ - { pop$ "" } - { "{\em " swap$ * "}" * } - if$ -} - -INTEGERS { nameptr namesleft numnames } - -FUNCTION {format.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr "{ff~}{vv~}{ll}{, jj}" format.name$ 't := - nameptr #1 > - { namesleft #1 > - { ", " * t * } - { numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {format.authors} -{ author empty$ - { "" } - { author format.names } - if$ -} - -FUNCTION {format.editors} -{ editor empty$ - { "" } - { editor format.names - editor num.names$ #1 > - { ", editors" * } - { ", editor" * } - if$ - } - if$ -} - -% FUNCTION {format.title} -% { title empty$ -% { "" } -% { title "t" change.case$ } -% if$ -%} - -% CDC changed - originally it put article titles in lower case (as above) -% Got the following code from document called btex101.pdf - -FUNCTION {format.title} -{ - title "``" swap$ * ".'' " * % Put article title in quotes -} - -FUNCTION {format.full.names} -{'s := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr - "{vv~}{ll}" format.name$ 't := - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {author.editor.key.full} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.full.names } - if$ - } - { author format.full.names } - if$ -} - -FUNCTION {author.key.full} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { author format.full.names } - if$ -} - -FUNCTION {editor.key.full} -{ editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.full.names } - if$ -} - -FUNCTION {make.full.names} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.full - { type$ "proceedings" = - 'editor.key.full - 'author.key.full - if$ - } - if$ -} - -FUNCTION {output.bibitem} -{ newline$ - "\bibitem[" write$ - label write$ - ")" make.full.names duplicate$ short.list = - { pop$ } - { * } - if$ - "]{" * write$ - cite$ write$ - "}" write$ - newline$ - "" - before.all 'output.state := -} - -FUNCTION {n.dashify} -{ 't := - "" - { t empty$ not } - { t #1 #1 substring$ "-" = - { t #1 #2 substring$ "--" = not - { "--" * - t #2 global.max$ substring$ 't := - } - { { t #1 #1 substring$ "-" = } - { "-" * - t #2 global.max$ substring$ 't := - } - while$ - } - if$ - } - { t #1 #1 substring$ * - t #2 global.max$ substring$ 't := - } - if$ - } - while$ -} - -FUNCTION {format.date} -{ year duplicate$ empty$ - { "empty year in " cite$ * "; set to ????" * warning$ - pop$ "????" } - 'skip$ - if$ - month empty$ - 'skip$ - { month - " " * swap$ * - } - if$ - extra.label * -} - -FUNCTION {format.btitle} -{ title emphasize -} - -FUNCTION {tie.or.space.connect} -{ duplicate$ text.length$ #3 < - { "~" } - { " " } - if$ - swap$ * * -} - -FUNCTION {either.or.check} -{ empty$ - 'pop$ - { "can't use both " swap$ * " fields in " * cite$ * warning$ } - if$ -} - -FUNCTION {format.bvolume} -{ volume empty$ - { "" } - { "volume" volume tie.or.space.connect - series empty$ - 'skip$ - { " of " * series emphasize * } - if$ - "volume and number" number either.or.check - } - if$ -} - -FUNCTION {format.number.series} -{ volume empty$ - { number empty$ - { series field.or.null } - { output.state mid.sentence = - { "number" } - { "Number" } - if$ - number tie.or.space.connect - series empty$ - { "there's a number but no series in " cite$ * warning$ } - { " in " * series * } - if$ - } - if$ - } - { "" } - if$ -} - -FUNCTION {format.edition} -{ edition empty$ - { "" } - { output.state mid.sentence = - { edition "l" change.case$ " edition" * } - { edition "t" change.case$ " edition" * } - if$ - } - if$ -} - -INTEGERS { multiresult } - -FUNCTION {multi.page.check} -{ 't := - #0 'multiresult := - { multiresult not - t empty$ not - and - } - { t #1 #1 substring$ - duplicate$ "-" = - swap$ duplicate$ "," = - swap$ "+" = - or or - { #1 'multiresult := } - { t #2 global.max$ substring$ 't := } - if$ - } - while$ - multiresult -} - -FUNCTION {format.pages} -{ pages empty$ - { "" } - { pages multi.page.check - { "pages" pages n.dashify tie.or.space.connect } - { "page" pages tie.or.space.connect } - if$ - } - if$ -} - -FUNCTION {format.vol.num.pages} -{ volume field.or.null - number empty$ - 'skip$ - { "\penalty0 (" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - pages empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.pages } - { ":\penalty0 " * pages n.dashify * } - if$ - } - if$ -} - -FUNCTION {format.chapter.pages} -{ chapter empty$ - 'format.pages - { type empty$ - { "chapter" } - { type "l" change.case$ } - if$ - chapter tie.or.space.connect - pages empty$ - 'skip$ - { ", " * format.pages * } - if$ - } - if$ -} - -FUNCTION {format.in.ed.booktitle} -{ booktitle empty$ - { "" } - { editor empty$ - { "In " booktitle emphasize * } - { "In " format.editors * ", " * booktitle emphasize * } - if$ - } - if$ -} - -FUNCTION {empty.misc.check} -{ author empty$ title empty$ howpublished empty$ - month empty$ year empty$ note empty$ - and and and and and - key empty$ not and - { "all relevant fields are empty in " cite$ * warning$ } - 'skip$ - if$ -} - -FUNCTION {format.thesis.type} -{ type empty$ - 'skip$ - { pop$ - type "t" change.case$ - } - if$ -} - -FUNCTION {format.tr.number} -{ type empty$ - { "Technical Report" } - 'type - if$ - number empty$ - { "t" change.case$ } - { number tie.or.space.connect } - if$ -} - -FUNCTION {format.article.crossref} -{ key empty$ - { journal empty$ - { "need key or journal for " cite$ * " to crossref " * crossref * - warning$ - "" - } - { "In {\em " journal * "\/}" * } - if$ - } - { "In " key * } - if$ - " \citep{" * crossref * "}" * -} - -FUNCTION {format.book.crossref} -{ volume empty$ - { "empty volume in " cite$ * "'s crossref of " * crossref * warning$ - "In " - } - { "Volume" volume tie.or.space.connect - " of " * - } - if$ - editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { series empty$ - { "need editor, key, or series for " cite$ * " to crossref " * - crossref * warning$ - "" * - } - { "{\em " * series * "\/}" * } - if$ - } - { key * } - if$ - } - 'skip$ - if$ - ", \citet{" * crossref * "}" * -} - -FUNCTION {format.incoll.inproc.crossref} -{ editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { booktitle empty$ - { "need editor, key, or booktitle for " cite$ * " to crossref " * - crossref * warning$ - "" - } - { "In {\em " booktitle * "\/}" * } - if$ - } - { "In " key * } - if$ - } - { "In " } - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {article} -{ output.bibitem - format.title "title" output.check % CDC changed next 4 lines -% new.block - format.authors "author" output.check - new.block - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - format.date "(year)" output.check - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - new.block - note output - fin.entry -} - -FUNCTION {book} -{ output.bibitem - format.btitle "title" output.check % CDC changed down to if$ - new.block - author empty$ - { format.editors "author and editor" output.check } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - crossref missing$ - { format.bvolume output - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {booklet} -{ output.bibitem - format.title "title" output.check % CDC changed down to format.authors -% new.block - format.authors output - howpublished address new.block.checkb - howpublished output - address output - format.date output - new.block - note output - fin.entry -} - -FUNCTION {inbook} -{ output.bibitem - format.btitle "title" output.check - new.block - author empty$ - { format.editors "author and editor" output.check } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - crossref missing$ - { format.bvolume output - format.chapter.pages "chapter and pages" output.check - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { format.chapter.pages "chapter and pages" output.check - new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {incollection} -{ output.bibitem - format.title "title" output.check -% new.block - format.authors "author" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.chapter.pages output - new.sentence - publisher "publisher" output.check - address output - format.edition output - format.date "(year)" output.check - } - { format.incoll.inproc.crossref output.nonnull - format.chapter.pages output - } - if$ - new.block - note output - fin.entry -} - -FUNCTION {inproceedings} -{ output.bibitem - format.title "title" output.check -% new.block - format.authors "author" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.pages output - address empty$ - { organization publisher new.sentence.checkb - organization output - publisher output - format.date "(year)" output.check - } - { address output.nonnull - format.date "(year)" output.check - new.sentence - organization output - publisher output - } - if$ - } - { format.incoll.inproc.crossref output.nonnull - format.pages output - } - if$ - new.block - note output - fin.entry -} - -FUNCTION {conference} { inproceedings } - -FUNCTION {manual} -{ output.bibitem - format.btitle "title" output.check - new.block - author empty$ - { organization empty$ - 'skip$ - { organization output.nonnull - address output - } - if$ - } - { format.authors output.nonnull } - if$ - author empty$ - { organization empty$ - { address new.block.checka - address output - } - 'skip$ - if$ - } - { organization address new.block.checkb - organization output - address output - } - if$ - format.edition output - format.date output - new.block - note output - fin.entry -} -FUNCTION {mastersthesis} -{ output.bibitem - format.authors "author" output.check - new.block - format.title "title" output.check - new.block - "Master's thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {misc} -{ output.bibitem - title howpublished new.block.checkb - format.title output - format.authors output - howpublished new.block.checka - howpublished output - format.date output - new.block - note output - fin.entry - empty.misc.check -} - -FUNCTION {phdthesis} -{ output.bibitem - format.btitle "title" output.check - new.block - format.authors "author" output.check - new.block - "PhD thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {proceedings} -{ output.bibitem - format.btitle "title" output.check - new.block - editor empty$ - { organization output } - { format.editors output.nonnull } - if$ - format.bvolume output - format.number.series output - address empty$ - { editor empty$ - { publisher new.sentence.checka } - { organization publisher new.sentence.checkb - organization output - } - if$ - publisher output - format.date "(year)" output.check - } - { address output.nonnull - format.date "(year)" output.check - new.sentence - editor empty$ - 'skip$ - { organization output } - if$ - publisher output - } - if$ - new.block - note output - fin.entry -} - -FUNCTION {techreport} -{ output.bibitem - format.authors "author" output.check - new.block - format.title "title" output.check -% new.block - format.tr.number output.nonnull - institution "institution" output.check - address output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {unpublished} -{ output.bibitem - format.title "title" output.check -% new.block - format.authors "author" output.check - new.block - note "note" output.check - format.date output - fin.entry -} - -% CDC added the functions below, from econometrica.bst - -FUNCTION {format.date.nocolon} -{ year duplicate$ empty$ - { "empty year in " cite$ * "; set to ????" * warning$ - pop$ "????" } - 'skip$ - if$ - " (" swap$ * extra.label * ")" * %%%KCB: added : - before.all 'output.state := %%%KCB: -} - - -FUNCTION {format.key} -{ empty$ - { key field.or.null } - { "" } - if$ -} - - -FUNCTION {bookreview} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - author format.key output - format.btitle "title" output.check - note output - crossref missing$ - { journal emphasize "journal" output.check - format.date.nocolon "(year)" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.date.nocolon "(year)" output.check - format.pages output - } - if$ - fin.entry -} - -FUNCTION {inprogress} -{ output.bibitem - format.title "title" output.check % CDC changed next 4 lines -% new.block -% format.authors "author" output.check -% new.block - note output - fin.entry -} - - -FUNCTION {miscnoyear} % Defined by CDC 09/09/03, purpose being to allow insertion of text in a bibliography -{ output.bibitem -% format.title output -% format.authors output -% author format.key output -% format.date.nocolon "(year)" output.check - howpublished output - note output - fin.entry -} - - - - -FUNCTION {default.type} { misc } - - -MACRO {jan} {"January"} - -MACRO {feb} {"February"} - -MACRO {mar} {"March"} - -MACRO {apr} {"April"} - -MACRO {may} {"May"} - -MACRO {jun} {"June"} - -MACRO {jul} {"July"} - -MACRO {aug} {"August"} - -MACRO {sep} {"September"} - -MACRO {oct} {"October"} - -MACRO {nov} {"November"} - -MACRO {dec} {"December"} - - - -MACRO {acmcs} {"ACM Computing Surveys"} - -MACRO {acta} {"Acta Informatica"} - -MACRO {cacm} {"Communications of the ACM"} - -MACRO {ibmjrd} {"IBM Journal of Research and Development"} - -MACRO {ibmsj} {"IBM Systems Journal"} - -MACRO {ieeese} {"IEEE Transactions on Software Engineering"} - -MACRO {ieeetc} {"IEEE Transactions on Computers"} - -MACRO {ieeetcad} - {"IEEE Transactions on Computer-Aided Design of Integrated Circuits"} - -MACRO {ipl} {"Information Processing Letters"} - -MACRO {jacm} {"Journal of the ACM"} - -MACRO {jcss} {"Journal of Computer and System Sciences"} - -MACRO {scp} {"Science of Computer Programming"} - -MACRO {sicomp} {"SIAM Journal on Computing"} - -MACRO {tocs} {"ACM Transactions on Computer Systems"} - -MACRO {tods} {"ACM Transactions on Database Systems"} - -MACRO {tog} {"ACM Transactions on Graphics"} - -MACRO {toms} {"ACM Transactions on Mathematical Software"} - -MACRO {toois} {"ACM Transactions on Office Information Systems"} - -MACRO {toplas} {"ACM Transactions on Programming Languages and Systems"} - -MACRO {tcs} {"Theoretical Computer Science"} - - -READ - -FUNCTION {sortify} -{ purify$ - "l" change.case$ -} - -INTEGERS { len } - -FUNCTION {chop.word} -{ 's := - 'len := - s #1 len substring$ = - { s len #1 + global.max$ substring$ } - 's - if$ -} - -FUNCTION {format.lab.names} -{ 's := - s #1 "{vv~}{ll}" format.name$ - s num.names$ duplicate$ - #2 > - { pop$ " et~al." * } - { #2 < - 'skip$ - { s #2 "{ff }{vv }{ll}{ jj}" format.name$ "others" = - { " et~al." * } - { " and " * s #2 "{vv~}{ll}" format.name$ * } - if$ - } - if$ - } - if$ -} - -FUNCTION {author.key.label} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - { key #3 text.prefix$ } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.editor.key.label} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - { key #3 text.prefix$ } - if$ - } - { editor format.lab.names } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.key.organization.label} -{ author empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - { key #3 text.prefix$ } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {editor.key.organization.label} -{ editor empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - { key #3 text.prefix$ } - if$ - } - { editor format.lab.names } - if$ -} - -FUNCTION {calc.short.authors} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.organization.label - { type$ "manual" = - 'author.key.organization.label - 'author.key.label - if$ - } - if$ - } - if$ - 'short.list := -} - -FUNCTION {calc.label} -{ calc.short.authors - short.list - "(" - * - year duplicate$ empty$ - { pop$ "????" } - 'skip$ - if$ - * - 'label := -} - -FUNCTION {sort.format.names} -{ 's := - #1 'nameptr := - "" - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { " " * } - 'skip$ - if$ - s nameptr "{vv{ } }{ll{ }}{ ff{ }}{ jj{ }}" format.name$ 't := - nameptr numnames = t "others" = and - { "et al" * } - { t sortify * } - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {sort.format.title} -{ 't := - "A " #2 - "An " #3 - "The " #4 t chop.word - chop.word - chop.word - sortify - #1 global.max$ substring$ -} - -FUNCTION {author.sort} -{ author empty$ - { key empty$ - { "to sort, need author or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.editor.sort} -{ author empty$ - { editor empty$ - { key empty$ - { "to sort, need author, editor, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.organization.sort} -{ author empty$ - { organization empty$ - { key empty$ - { "to sort, need author, organization, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { "The " #4 organization chop.word sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {editor.organization.sort} -{ editor empty$ - { organization empty$ - { key empty$ - { "to sort, need editor, organization, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { "The " #4 organization chop.word sortify } - if$ - } - { editor sort.format.names } - if$ -} - -INTEGERS { seq.num } - -FUNCTION {init.seq} -{ #0 'seq.num :=} - -EXECUTE {init.seq} - -FUNCTION {int.to.fix} -{ "000000000" swap$ int.to.str$ * - #-1 #10 substring$ -} - -FUNCTION {presort} -{ calc.label - label sortify - " " - * - seq.num #1 + 'seq.num := - seq.num int.to.fix - 'sort.label := - sort.label * - #1 entry.max$ substring$ - 'sort.key$ := -} - -ITERATE {presort} - -SORT - -STRINGS { longest.label last.label next.extra } - -INTEGERS { longest.label.width last.extra.num number.label } - -FUNCTION {initialize.longest.label} -{ "" 'longest.label := - #0 int.to.chr$ 'last.label := - "" 'next.extra := - #0 'longest.label.width := - #0 'last.extra.num := - #0 'number.label := -} - -FUNCTION {forward.pass} -{ last.label label = - { last.extra.num #1 + 'last.extra.num := - last.extra.num int.to.chr$ 'extra.label := - } - { "a" chr.to.int$ 'last.extra.num := - "" 'extra.label := - label 'last.label := - } - if$ - number.label #1 + 'number.label := -} - -FUNCTION {reverse.pass} -{ next.extra "b" = - { "a" 'extra.label := } - 'skip$ - if$ - extra.label 'next.extra := - extra.label - duplicate$ empty$ - 'skip$ - { "{\natexlab{" swap$ * "}}" * } - if$ - 'extra.label := - label extra.label * 'label := -} - -EXECUTE {initialize.longest.label} - -ITERATE {forward.pass} - -REVERSE {reverse.pass} - -FUNCTION {bib.sort.order} -{ sort.label 'sort.key$ := -} - -ITERATE {bib.sort.order} - -SORT - -FUNCTION {begin.bib} -{ preamble$ empty$ - 'skip$ - { preamble$ write$ newline$ } - if$ - "\begin{thebibliography}{" number.label int.to.str$ * "}" * - write$ newline$ - "\expandafter\ifx\csname natexlab\endcsname\relax\def\natexlab#1{#1}\fi" - write$ newline$ -} - -EXECUTE {begin.bib} - -EXECUTE {init.state.consts} - -ITERATE {call.type$} - -FUNCTION {end.bib} -{ newline$ - "\end{thebibliography}" write$ newline$ -} - -EXECUTE {end.bib} -%% End of customized bst file -%% -%% End of file `unsrtnat.bst'. diff --git a/docs/NARK/Resources/texmf-local/texmf-local/ls-R b/docs/NARK/Resources/texmf-local/texmf-local/ls-R deleted file mode 100755 index 491bbcb88..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/ls-R +++ /dev/null @@ -1,94 +0,0 @@ -% ls-R -- filename database for kpathsea; do not change this line. -./: -README.md -bibtex -ls-R -tex -web2c - -./bibtex: -.DS_Store -.gitkeep -bib -bst - -./bibtex/bib: -.DS_Store -.gitkeep -auto -economics.bib -economics.bib~ - -./bibtex/bib/auto: -economics.el - -./bibtex/bst: -.gitkeep -econtex.bst -handout.bst -unsrtnatTitlesFirst.bst - - -./tex: -.gitkeep -latex -plain - -./tex/latex: -.DS_Store -.gitkeep -ReadMe.texmf -articleNoRefHead.cls -auto -bibMake.tex -cvBibMake.tex -econtex.cls -econtex.log -econtex.sty -econtexBibMake.tex -econtexSetup.sty -econtexShortcuts.sty -econtexShortcuts_undo.sh -handout.cls -handout.sty -handoutBibMake.tex -handoutSetup.sty -handoutShortcuts.sty -makePostHandoutsStart.tex -printvrb.sty -snapshot.sty -tex4ht -tex4htMakeCFG.sh -titlesec.sty - -./tex/latex/auto: -econtex.el -econtexShortcuts.el -handout.el -handoutShortcuts.el - -./tex/latex/tex4ht: -auto -pictureenv.4ht -svg-math-and-subfigures-README.md -svg-math-and-subfigures-README.md~ -svg-math-and-subfigures.cfg -svg-math-and-subfigures.cfg~ -svg-math-and-subfigures.tex -svg-set-size-to-1p0.mk4 -svg-set-size-to-1p1.mk4 -svg-set-size-to-1p1x1p0.mk4 -svg-set-size-to-1p2.mk4 -svg-set-size-to-1p2.mk4~ -svg-set-size-to-1p2x1p0.mk4 -svg-set-size-to-1p2x1p0.mk4~ -svg-set-size-to-1p3x1p0.mk4 -svg-set-size-to-1p3x1p01.mk4~ - -./tex/latex/tex4ht/auto: - -./tex/plain: -.gitkeep - -./web2c: -texmf.cnf diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/ReadMe.texmf b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/ReadMe.texmf deleted file mode 100755 index 9485d0cf2..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/ReadMe.texmf +++ /dev/null @@ -1,20 +0,0 @@ -The .tex files in this directory compile properly using pdflatex on TeXLive 2010 for either Mac or Windows, using TeXLive -You will likely need the "full" distribution of TeXLive, as many obscure tex packages are used - --- Emacs with AucTeX defaults to plain LaTeX (generating a dvi file as output), you will need to have evaluated the command (setq TeX-PDF-mode t) at some point before compiling in order to make pdflatex be used instead. - --- Compilation of the LaTeX document requires LaTeX to have permissions to write to files outside of its own directory; in your texmf.cnf file, add the lines: -openout_any = a -shell_escape = t - -to your local texmf.cnf configuration file. On a standard MacTeX TeXLive distribution, this file is at - -/usr/local/texlive/[year]/texmf.cnf - -while on a standard Windows 7 installation it is at - -C:\texlive\[year]\texmf.cnf - -where [year] is, e.g., 2010 if you have TeXLive-2010 installed. - -Depending on details of your installation, you may need to modify other security preferences as well. diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/articleNoRefHead.cls b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/articleNoRefHead.cls deleted file mode 100755 index 979b08d97..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/articleNoRefHead.cls +++ /dev/null @@ -1 +0,0 @@ -%% %% This is file `article.cls', %% generated with the docstrip utility. %% %% The original source files were: %% %% classes.dtx (with options: `article') %% %% This is a generated file. %% %% Copyright 1993 1994 1995 1996 1997 1998 1999 %% The LaTeX3 Project and any individual authors listed elsewhere %% in this file. %% %% This file is part of the LaTeX base system. %% ------------------------------------------- %% %% It may be distributed and/or modified under the %% conditions of the LaTeX Project Public License, either version 1.1 %% of this license or (at your option) any later version. %% The latest version of this license is in %% http://www.latex-project.org/lppl.txt %% and version 1.1 or later is part of all distributions of LaTeX %% version 1999/06/01 or later. %% %% The list of all files belonging to the LaTeX base distribution is %% given in the file `manifest.txt'. See also `legal.txt' for additional %% information. %% %% \CharacterTable %% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z %% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z %% Digits \0\1\2\3\4\5\6\7\8\9 %% Exclamation \! Double quote \" Hash (number) \# %% Dollar \$ Percent \% Ampersand \& %% Acute accent \' Left paren \( Right paren \) %% Asterisk \* Plus \+ Comma \, %% Minus \- Point \. Solidus \/ %% Colon \: Semicolon \; Less than \< %% Equals \= Greater than \> Question mark \? %% Commercial at \@ Left bracket \[ Backslash \\ %% Right bracket \] Circumflex \^ Underscore \_ %% Grave accent \` Left brace \{ Vertical bar \| %% Right brace \} Tilde \~} \NeedsTeXFormat{LaTeX2e}[1995/12/01] \ProvidesClass{articleNoRefHead} [1999/01/07 v1.4a Standard LaTeX document class] \newcommand\@ptsize{} \newif\if@restonecol \newif\if@titlepage \@titlepagefalse \if@compatibility\else \DeclareOption{a4paper} {\setlength\paperheight {297mm}% \setlength\paperwidth {210mm}} \DeclareOption{a5paper} {\setlength\paperheight {210mm}% \setlength\paperwidth {148mm}} \DeclareOption{b5paper} {\setlength\paperheight {250mm}% \setlength\paperwidth {176mm}} \DeclareOption{letterpaper} {\setlength\paperheight {11in}% \setlength\paperwidth {8.5in}} \DeclareOption{legalpaper} {\setlength\paperheight {14in}% \setlength\paperwidth {8.5in}} \DeclareOption{executivepaper} {\setlength\paperheight {10.5in}% \setlength\paperwidth {7.25in}} \DeclareOption{landscape} {\setlength\@tempdima {\paperheight}% \setlength\paperheight {\paperwidth}% \setlength\paperwidth {\@tempdima}} \fi \if@compatibility \renewcommand\@ptsize{0} \else \DeclareOption{10pt}{\renewcommand\@ptsize{0}} \fi \DeclareOption{11pt}{\renewcommand\@ptsize{1}} \DeclareOption{12pt}{\renewcommand\@ptsize{2}} \if@compatibility\else \DeclareOption{oneside}{\@twosidefalse \@mparswitchfalse} \fi \DeclareOption{twoside}{\@twosidetrue \@mparswitchtrue} \DeclareOption{draft}{\setlength\overfullrule{5pt}} \if@compatibility\else \DeclareOption{final}{\setlength\overfullrule{0pt}} \fi \DeclareOption{titlepage}{\@titlepagetrue} \if@compatibility\else \DeclareOption{notitlepage}{\@titlepagefalse} \fi \if@compatibility\else \DeclareOption{onecolumn}{\@twocolumnfalse} \fi \DeclareOption{twocolumn}{\@twocolumntrue} \DeclareOption{leqno}{\input{leqno.clo}} \DeclareOption{fleqn}{\input{fleqn.clo}} \DeclareOption{openbib}{% \AtEndOfPackage{% \renewcommand\@openbib@code{% \advance\leftmargin\bibindent \itemindent -\bibindent \listparindent \itemindent \parsep \z@ }% \renewcommand\newblock{\par}}% } \ExecuteOptions{letterpaper,10pt,oneside,onecolumn,final} \ProcessOptions \input{size1\@ptsize.clo} \setlength\lineskip{1\p@} \setlength\normallineskip{1\p@} \renewcommand\baselinestretch{} \setlength\parskip{0\p@ \@plus \p@} \@lowpenalty 51 \@medpenalty 151 \@highpenalty 301 \setcounter{topnumber}{2} \renewcommand\topfraction{.7} \setcounter{bottomnumber}{1} \renewcommand\bottomfraction{.3} \setcounter{totalnumber}{3} \renewcommand\textfraction{.2} \renewcommand\floatpagefraction{.5} \setcounter{dbltopnumber}{2} \renewcommand\dbltopfraction{.7} \renewcommand\dblfloatpagefraction{.5} \if@twoside \def\ps@headings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markboth {\MakeUppercase{% \ifnum \c@secnumdepth >\z@ \thesection\quad \fi ##1}}{}}% \def\subsectionmark##1{% \markright {% \ifnum \c@secnumdepth >\@ne \thesubsection\quad \fi ##1}}} \else \def\ps@headings{% \let\@oddfoot\@empty \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markright {\MakeUppercase{% \ifnum \c@secnumdepth >\m@ne \thesection\quad \fi ##1}}}} \fi \def\ps@myheadings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\@gobbletwo \let\sectionmark\@gobble \let\subsectionmark\@gobble } \if@titlepage \newcommand\maketitle{\begin{titlepage}% \let\footnotesize\small \let\footnoterule\relax \let \footnote \thanks \null\vfil \vskip 60\p@ \begin{center}% {\LARGE \@title \par}% \vskip 3em% {\large \lineskip .75em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1.5em% {\large \@date \par}% % Set date in \large size. \end{center}\par \@thanks \vfil\null \end{titlepage}% \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \else \newcommand\maketitle{\par \begingroup \renewcommand\thefootnote{\@fnsymbol\c@footnote}% \def\@makefnmark{\rlap{\@textsuperscript{\normalfont\@thefnmark}}}% \long\def\@makefntext##1{\parindent 1em\noindent \hb@xt@1.8em{% \hss\@textsuperscript{\normalfont\@thefnmark}}##1}% \if@twocolumn \ifnum \col@number=\@ne \@maketitle \else \twocolumn[\@maketitle]% \fi \else \newpage \global\@topnum\z@ % Prevents figures from going at top of page. \@maketitle \fi \thispagestyle{plain}\@thanks \endgroup \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \def\@maketitle{% \newpage \null \vskip 2em% \begin{center}% \let \footnote \thanks {\LARGE \@title \par}% \vskip 1.5em% {\large \lineskip .5em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1em% {\large \@date}% \end{center}% \par \vskip 1.5em} \fi \setcounter{secnumdepth}{3} \newcounter {part} \newcounter {section} \newcounter {subsection}[section] \newcounter {subsubsection}[subsection] \newcounter {paragraph}[subsubsection] \newcounter {subparagraph}[paragraph] \renewcommand \thepart {\@Roman\c@part} \renewcommand \thesection {}%\@arabic\c@section} \renewcommand\thesubsection {\thesection.\@arabic\c@subsection} \renewcommand\thesubsubsection{\thesubsection .\@arabic\c@subsubsection} \renewcommand\theparagraph {\thesubsubsection.\@arabic\c@paragraph} \renewcommand\thesubparagraph {\theparagraph.\@arabic\c@subparagraph} \newcommand\part{% \if@noskipsec \leavevmode \fi \par \addvspace{4ex}% \@afterindentfalse \secdef\@part\@spart} \def\@part[#1]#2{% \ifnum \c@secnumdepth >\m@ne \refstepcounter{part}% \addcontentsline{toc}{part}{\thepart\hspace{1em}#1}% \else \addcontentsline{toc}{part}{#1}% \fi {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \ifnum \c@secnumdepth >\m@ne \Large\bfseries \partname~\thepart \par\nobreak \fi \huge \bfseries #2% \markboth{}{}\par}% \nobreak \vskip 3ex \@afterheading} \def\@spart#1{% {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \huge \bfseries #1\par}% \nobreak \vskip 3ex \@afterheading} \newcommand\section{\@startsection{section}{1}{ \z@} % {-3.5ex \@plus -1ex \@minus -.2ex}% {2.3ex \@plus.2ex}% {\normalfont\Large\bfseries}} \newcommand\subsection{\@startsection{subsection}{2}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\large\bfseries}} \newcommand\subsubsection{\@startsection{subsubsection}{3}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\normalsize\bfseries}} \newcommand\paragraph{\@startsection{paragraph}{4}{\z@}% {3.25ex \@plus1ex \@minus.2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \newcommand\subparagraph{\@startsection{subparagraph}{5}{\parindent}% {3.25ex \@plus1ex \@minus .2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \if@twocolumn \setlength\leftmargini {2em} \else \setlength\leftmargini {2.5em} \fi \leftmargin \leftmargini \setlength\leftmarginii {2.2em} \setlength\leftmarginiii {1.87em} \setlength\leftmarginiv {1.7em} \if@twocolumn \setlength\leftmarginv {.5em} \setlength\leftmarginvi {.5em} \else \setlength\leftmarginv {1em} \setlength\leftmarginvi {1em} \fi \setlength \labelsep {.5em} \setlength \labelwidth{\leftmargini} \addtolength\labelwidth{-\labelsep} \@beginparpenalty -\@lowpenalty \@endparpenalty -\@lowpenalty \@itempenalty -\@lowpenalty \renewcommand\theenumi{\@arabic\c@enumi} \renewcommand\theenumii{\@alph\c@enumii} \renewcommand\theenumiii{\@roman\c@enumiii} \renewcommand\theenumiv{\@Alph\c@enumiv} \newcommand\labelenumi{\theenumi.} \newcommand\labelenumii{(\theenumii)} \newcommand\labelenumiii{\theenumiii.} \newcommand\labelenumiv{\theenumiv.} \renewcommand\p@enumii{\theenumi} \renewcommand\p@enumiii{\theenumi(\theenumii)} \renewcommand\p@enumiv{\p@enumiii\theenumiii} \newcommand\labelitemi{\textbullet} \newcommand\labelitemii{\normalfont\bfseries \textendash} \newcommand\labelitemiii{\textasteriskcentered} \newcommand\labelitemiv{\textperiodcentered} \newenvironment{description} {\list{}{\labelwidth\z@ \itemindent-\leftmargin \let\makelabel\descriptionlabel}} {\endlist} \newcommand*\descriptionlabel[1]{\hspace\labelsep \normalfont\bfseries #1} \if@titlepage \newenvironment{abstract}{% \titlepage \null\vfil \@beginparpenalty\@lowpenalty \begin{center}% \bfseries \abstractname \@endparpenalty\@M \end{center}}% {\par\vfil\null\endtitlepage} \else \newenvironment{abstract}{% \if@twocolumn \section*{\abstractname}% \else \small \begin{center}% {\bfseries \abstractname\vspace{-.5em}\vspace{\z@}}% \end{center}% \quotation \fi} {\if@twocolumn\else\endquotation\fi} \fi \newenvironment{verse} {\let\\\@centercr \list{}{\itemsep \z@ \itemindent -1.5em% \listparindent\itemindent \rightmargin \leftmargin \advance\leftmargin 1.5em}% \item\relax} {\endlist} \newenvironment{quotation} {\list{}{\listparindent 1.5em% \itemindent \listparindent \rightmargin \leftmargin \parsep \z@ \@plus\p@}% \item\relax} {\endlist} \newenvironment{quote} {\list{}{\rightmargin\leftmargin}% \item\relax} {\endlist} \if@compatibility \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\z@ }% {\if@restonecol\twocolumn \else \newpage \fi } \else \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\@ne }% {\if@restonecol\twocolumn \else \newpage \fi \if@twoside\else \setcounter{page}\@ne \fi } \fi \newcommand\appendix{\par \setcounter{section}{0}% \setcounter{subsection}{0}% \gdef\thesection{\@Alph\c@section}} \setlength\arraycolsep{5\p@} \setlength\tabcolsep{6\p@} \setlength\arrayrulewidth{.4\p@} \setlength\doublerulesep{2\p@} \setlength\tabbingsep{\labelsep} \skip\@mpfootins = \skip\footins \setlength\fboxsep{3\p@} \setlength\fboxrule{.4\p@} \renewcommand \theequation {\@arabic\c@equation} \newcounter{figure} \renewcommand \thefigure {\@arabic\c@figure} \def\fps@figure{tbp} \def\ftype@figure{1} \def\ext@figure{lof} \def\fnum@figure{\figurename~\thefigure} \newenvironment{figure} {\@float{figure}} {\end@float} \newenvironment{figure*} {\@dblfloat{figure}} {\end@dblfloat} \newcounter{table} \renewcommand\thetable{\@arabic\c@table} \def\fps@table{tbp} \def\ftype@table{2} \def\ext@table{lot} \def\fnum@table{\tablename~\thetable} \newenvironment{table} {\@float{table}} {\end@float} \newenvironment{table*} {\@dblfloat{table}} {\end@dblfloat} \newlength\abovecaptionskip \newlength\belowcaptionskip \setlength\abovecaptionskip{10\p@} \setlength\belowcaptionskip{0\p@} \long\def\@makecaption#1#2{% \vskip\abovecaptionskip \sbox\@tempboxa{#1: #2}% \ifdim \wd\@tempboxa >\hsize #1: #2\par \else \global \@minipagefalse \hb@xt@\hsize{\hfil\box\@tempboxa\hfil}% \fi \vskip\belowcaptionskip} \DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} \DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} \DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} \DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} \DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} \DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} \DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} \DeclareRobustCommand*\cal{\@fontswitch\relax\mathcal} \DeclareRobustCommand*\mit{\@fontswitch\relax\mathnormal} \newcommand\@pnumwidth{1.55em} \newcommand\@tocrmarg{2.55em} \newcommand\@dotsep{4.5} \setcounter{tocdepth}{3} \newcommand\tableofcontents{% \section*{\contentsname \@mkboth{% \MakeUppercase\contentsname}{\MakeUppercase\contentsname}}% \@starttoc{toc}% } \newcommand*\l@part[2]{% \ifnum \c@tocdepth >-2\relax \addpenalty\@secpenalty \addvspace{2.25em \@plus\p@}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth {\leavevmode \large \bfseries #1\hfil \hb@xt@\@pnumwidth{\hss #2}}\par \nobreak \if@compatibility \global\@nobreaktrue \everypar{\global\@nobreakfalse\everypar{}}% \fi \endgroup \fi} \newcommand*\l@section[2]{% \ifnum \c@tocdepth >\z@ \addpenalty\@secpenalty \addvspace{1.0em \@plus\p@}% \setlength\@tempdima{1.5em}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth \leavevmode \bfseries \advance\leftskip\@tempdima \hskip -\leftskip #1\nobreak\hfil \nobreak\hb@xt@\@pnumwidth{\hss #2}\par \endgroup \fi} \newcommand*\l@subsection{\@dottedtocline{2}{1.5em}{2.3em}} \newcommand*\l@subsubsection{\@dottedtocline{3}{3.8em}{3.2em}} \newcommand*\l@paragraph{\@dottedtocline{4}{7.0em}{4.1em}} \newcommand*\l@subparagraph{\@dottedtocline{5}{10em}{5em}} \newcommand\listoffigures{% \section*{\listfigurename \@mkboth{\MakeUppercase\listfigurename}% {\MakeUppercase\listfigurename}}% \@starttoc{lof}% } \newcommand*\l@figure{\@dottedtocline{1}{1.5em}{2.3em}} \newcommand\listoftables{% \section*{\listtablename \@mkboth{% \MakeUppercase\listtablename}{\MakeUppercase\listtablename}}% \@starttoc{lot}% } \let\l@table\l@figure \newdimen\bibindent \setlength\bibindent{1.5em} \newenvironment{thebibliography}[1] { \section{\refname} % \@mkboth{\MakeUppercase\refname}{\MakeUppercase\refname}}% \list{}%\@biblabel{\@arabic\c@enumiv} {\settowidth\labelwidth{\@biblabel{#1}}% \leftmargin\labelwidth \advance\leftmargin\labelsep \@openbib@code \usecounter{enumiv}% \let\p@enumiv\@empty \renewcommand\theenumiv{}}%\@arabic\c@enumiv \sloppy \clubpenalty4000 \@clubpenalty \clubpenalty \widowpenalty4000% \sfcode`\.\@m} {\def\@noitemerr {\@latex@warning{Empty `thebibliography' environment}}% \endlist} \newcommand\newblock{\hskip .11em\@plus.33em\@minus.07em} \let\@openbib@code\@empty \newenvironment{theindex} {\if@twocolumn \@restonecolfalse \else \@restonecoltrue \fi \columnseprule \z@ \columnsep 35\p@ \twocolumn[\section*{\indexname}]% \@mkboth{\MakeUppercase\indexname}% {\MakeUppercase\indexname}% \thispagestyle{plain}\parindent\z@ \parskip\z@ \@plus .3\p@\relax \let\item\@idxitem} {\if@restonecol\onecolumn\else\clearpage\fi} \newcommand\@idxitem{\par\hangindent 40\p@} \newcommand\subitem{\@idxitem \hspace*{20\p@}} \newcommand\subsubitem{\@idxitem \hspace*{30\p@}} \newcommand\indexspace{\par \vskip 10\p@ \@plus5\p@ \@minus3\p@\relax} \renewcommand\footnoterule{% \kern-3\p@ \hrule\@width.4\columnwidth \kern2.6\p@} \newcommand\@makefntext[1]{% \parindent 1em% \noindent \hb@xt@1.8em{\hss\@makefnmark}#1} \newcommand\contentsname{Contents} \newcommand\listfigurename{List of Figures} \newcommand\listtablename{List of Tables} \newcommand\refname{} \newcommand\indexname{Index} \newcommand\figurename{Figure} \newcommand\tablename{Table} \newcommand\partname{Part} \newcommand\appendixname{Appendix} \newcommand\abstractname{Abstract} \def\today{\ifcase\month\or January\or February\or March\or April\or May\or June\or July\or August\or September\or October\or November\or December\fi \space\number\day, \number\year} \setlength\columnsep{10\p@} \setlength\columnseprule{0\p@} \pagestyle{plain} \pagenumbering{arabic} \if@twoside \else \raggedbottom \fi \if@twocolumn \twocolumn \sloppy \flushbottom \else \onecolumn \fi \endinput %% %% End of file `article.cls'. \ No newline at end of file diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/bibMake.tex b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/bibMake.tex deleted file mode 100755 index dd065bb4a..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/bibMake.tex +++ /dev/null @@ -1,6 +0,0 @@ - -\write18{if [ ! -f \jobname.bib ]; then touch \jobname.bib ; fi} -\write18{if [ ! -f \jobname-Add.bib ]; then touch \jobname-Add.bib ; fi} - -\bibliographystyle{econtex} -\bibliography{\jobname,\jobname-Add,economics} diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/cvBibMake.tex b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/cvBibMake.tex deleted file mode 100755 index 7d20b200c..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/cvBibMake.tex +++ /dev/null @@ -1,8 +0,0 @@ - -%\write18{if [ `kpsewhich economics.bib` != '' ]; then touch economics.bib ; fi} # This should be done only for final versions AFTER bibexport has occurred and \jobname.bib is populated -%\write18{if [ ! -f \jobname.bib ]; then touch \jobname.bib ; fi} -%\write18{if [ ! -f \jobname-Add.bib ]; then touch \jobname-Add.bib ; fi} - -%\bibliographystyle{econtex} -%\bibliography{economics,\jobname,\jobname-Add} -\bibliography{economics} diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtex.cls b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtex.cls deleted file mode 100755 index 1a7291c71..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtex.cls +++ /dev/null @@ -1,411 +0,0 @@ -%%% LaTeX class for economics -%%% -%%% author: Christopher Carroll -%%% license: LaTeX Project Public License -%%% -%%% Modified from style itaxpf by Arne Henningsen -%%% version: 1.0 (09 July 2007) -%%% license: LaTeX Project Public License -%%% -%%% Further information is available at -%%% http://www.uni-kiel.de/agrarpol/ahenningsen/latex-bibtex.html -%%% -%%% This document class is based on the "scrartcl" class -%%% from the KOMA script bundle. For documentation, Google KOMA-Script Documentation -%%% -%%% The corresponding BibTeX style file "econtex.bst" should be used -%%% for the bibliography: \bibliographystyle{econtex} -%%% -%%% In addition to the options for scrartcl, this package includes an additional option -%%% titlepage = include a title page (with command "\maketitle", or "\maketitleWithForcedDate{}") -%%% -%%% If an abstract is defined by \begin{abstract}\end{abstract} before \maketitle is invoked, -%%% it will appear on the title page -%%% -%%% If the titlepage option is invoked: -%%% \keywords can be used to show keywords below the abstract -%%% \jelclass can be used to show JEL classifications below the abstract -%%% \thanks{text of the thank-you footnote} produces a footnote at the bottom of the page containing the text - -\ProvidesClass{econtex}[2017/08/01 LaTeX class for economics papers, handouts, and exam questions written by Christopher Carroll] -\NeedsTeXFormat{LaTeX2e} -% \RequirePackage{rotating} -\RequirePackage{snapshot} % Creates list of external files used by a LaTeX document -\RequirePackage{ifthen} -\RequirePackage{changepage} - -% If unspecified whether pdf output (instead of dvi) is being used, determine that it SHOULD be -\newif\ifdvi\dvitrue -\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} - -% permit double spacing -\RequirePackage{setspace} -% \doublespacing - -% option to include a title page -\newcounter{IncludeTitlePage} -\setcounter{IncludeTitlePage}{0} -\DeclareOption{titlepage}{\setcounter{IncludeTitlePage}{1}} - -% pass any options on to the scrartcl class and load this class with some options -\DeclareOption*{\PassOptionsToClass{\CurrentOption}{scrartcl}} -\ProcessOptions\relax -\LoadClass[fontsize=12pt,english,numbers=noenddot,captions=tableheading,captions=nooneline]{scrartcl} -% pointlessnumbers = do not add final dot after ordinary section numbers -% tablecaptionabove = use \captionabove for captions above rather than below tables -% noonelinecaption = do not treat one-line captions differently - -% use new TeX encoding scheme (T1), which contains accented (European) letters, -% to make European hyphenations work -\RequirePackage[T1]{fontenc} - -% use babel package and set language to english -\RequirePackage[english]{babel} - -% spacing around formulas -\AtBeginDocument{ - \setlength{\abovedisplayshortskip}{6pt} - \setlength{\belowdisplayshortskip}{6pt} - \setlength{\abovedisplayskip}{6pt} - \setlength{\belowdisplayskip}{6pt} - \allowdisplaybreaks % Permits LaTeX to break long formulas across pages (?) -} - -%% Added the above info to the definition of normalsize -\def\normalsize{\@setfontsize \normalsize \@xiipt {14.5} - \abovedisplayskip 6\p@ \@plus 3\p@ \@minus 3\p@ - \belowdisplayskip \abovedisplayskip - \abovedisplayshortskip 6pt \belowdisplayshortskip 6pt - \let \@listi \@listI} -\normalsize - -% Don't indent the second and later lines of footnotes -\deffootnote[1em]{0.0em}{1em}{\textsuperscript{\thefootnotemark}} - -% spacing around captions and floats -\setlength{\abovecaptionskip}{6pt} -\setlength{\belowcaptionskip}{3pt} -\setlength{\floatsep}{0pt} -\setlength{\textfloatsep}{20pt} -\setlength{\intextsep}{15pt} - -\RequirePackage{calc} - -\newenvironment{Description} -{\begin{list}{}{\let\makelabel\Descriptionlabel - \setlength\labelwidth{75pt} - \setlength\labelsep{0pt} - \setlength\leftmargin{75pt} - \setlength\itemindent{0pt} - }} - {\end{list}} -\newcommand*\Descriptionlabel[1]{\textbf{#1}\hfil} - -\RequirePackage{cancel,verbatim, - amsmath,amssymb,amsfonts,amsthm - ,threeparttable,dcolumn,multicol,multirow,booktabs % table environment extensions - ,latexsym - ,afterpage - ,enotez - ,moreverb - ,hhline % Allow double hlines - ,tipa % Define more characters, in particular the \textthorn character - ,xcolor % Superceded color, which is WAY out of date - ,accents - ,appendix -} - -\DeclareInstance{enotez-list}{superscriptednotes}{paragraph} -{ - number = \textsuperscript{#1} -} -% to get endnotes with superscripts, use \printendnotes[superscriptednotes] - -% \RequirePackage{econtex} % Removed 20170801 because won't work when invoked from nonroot paths -% Contents of the file are pasted in below - -% ---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -% ---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -% To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -% To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -% To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -% To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -% -------------------------------------------------------- - - -\RequirePackage[mathscr]{eucal} -\RequirePackage[normalem]{ulem} -\providecommand\bmmax{0} % Prevent boldmath package from using up too much memory -\RequirePackage{bm} % Allow bold math -\RequirePackage{bbm} % Blackbord math - -% font for URLs -\RequirePackage{url} -\def\UrlFont{\ttfamily} - -\usepackage[econtex]{optional} % Enable the control of compilation using options passed on startup -\opt{EndFloats}{\RequirePackage[noheads,nolists,tablesfirst,nomarkers]{endfloat}} - -% page format, margins if PrintGeom option is invoked -\opt{PrintGeom}{ - \RequirePackage{geometry} - \geometry{letterpaper, tmargin=1.4in, bmargin=1.4in, lmargin=1.25in, - rmargin=1.25in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\opt{JournalFormatting}{ % BEJM requires 1.5 inch margins - \RequirePackage{geometry} - \geometry{letterpaper, tmargin=1.5in, bmargin=1.5in, lmargin=1.5in, - rmargin=1.5in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\providecommand{\textSizeDefault}{\normalsize} -\opt{bigWide}{\renewcommand{\textSizeDefault}{\large}} - -\providecommand{\abstractSizeDefault}{\small} -\opt{bigWide}{\renewcommand{\abstractSizeDefault}{\normalsize}} - -%% formatting section headers -\setkomafont{section}{\normalfont \Large \bfseries} -\setkomafont{subsection}{\normalfont \large} -\setkomafont{subsubsection}{\normalfont \itshape} - -% citations and bibliography -\RequirePackage[authoryear]{natbib} -\AtBeginDocument{\renewcommand{\refname}{References} - \renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} % Restore footnote defn after titlepage redefines it - \ifdvi - \else - \renewcommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht (which compiles using dvi) - \fi -} - -% captions of figures and tables -\setcapwidth[c]{\textwidth} -% \setcapindent*{0pt} -\setkomafont{captionlabel}{\centering \bfseries} -\setkomafont{caption}{\centering} -\renewcommand{\captionformat}{~ } - -\newcommand{\forcedate}[1]{\newcommand{\@forcedate}{#1}} - -% titlepage with title, author(s), and date - -\renewcommand{\maketitle}{ - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize \@date \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -\newcommand{\maketitleWithForcedDate}[1]{ - \ClassWarningNoLine{econtex}{\protect\maketitleWithForcedDate{} is deprecated. To set a date different from the current one, just use the \protect\date{(string desired to signify paper date)}} - - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize #1 \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -% abstract, keywords, JEL classification -\newcommand{\keywords}[1]{\newcommand{\@keywords}{#1}} -\newcommand{\jelclass}[1]{\newcommand{\@jelclass}{#1}} -\newcommand{\aspublished}[1]{\newcommand{\@aspublished}{#1}} - -\renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \ifdvi - \else % horizontal rule works well for PDF, not for html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \fi - \vspace*{4mm} - \abstractSizeDefault - \noindent \textbf{Abstract}\\ - \indent - }{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \ifdvi - \else - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \fi - \vspace*{0mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{econtex}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - - \begin{quote} - \begin{Description} - \item[\textbf{Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{econtex}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{JEL codes~}] \@jelclass - } - - \end{Description} - \ifthenelse{ \isundefined\@aspublished }{ - }{ - { - - \vspace{0.1in}\@aspublished} - }\end{quote} -} - -\setcounter{footnote}{0}% - -\medskip - -% avoid clubs and widows -\clubpenalty=1000 % penalty for breaking a page with only one sentence; set to 10000 to prohibit -\widowpenalty=10000 -% \displaywidowpenalty=10000 - -\hbadness 3000 % LaTeX default is 1000, which is too finicky - set to 10000 to get rid of complaints - -% increase stretchability of the spaces (avoid overfull hboxes) -\setlength{\emergencystretch}{3em} - - -\pagestyle{plain} -\thispagestyle{empty} - -\newcommand{\titlepagefinish}{\newpage - \renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} -} - - -\RequirePackage[multiple]{footmisc} -\RequirePackage{manyfoot} -\RequirePackage{perpage} \DefineFNsymbols{blank}[text]{{} {} {} {} {}} \setfnsymbol{blank} \DeclareNewFootnote{B}[fnsymbol] \MakePerPage{footnoteB} \renewcommand{\thanks}{\footnoteB} \newcommand{\thanksFooter}{\footnoteB} - -% 20170126: perpage package conflicts with something else so is removed in econtexMake.sh - -\hfuzz2pt % Don't bother to report over-full boxes if over-edge is < 2pt - -%%%%%%%%%% Added by Amy Hendrickson, TeXnology Inc. -%% Amy change, Feb 28, 2011 ==>> - -%%% Generalization of the author and authorinfo commands, based on -%%% the original code. - -%% Sample use: -%% \author{Christopher D. Carroll\authNum \\ -%% \and -%% Jiri Slacalek\authNum \\ -%% \and -%% Martin Sommer\authNum \\ -%% \and -%% Another Name\authNum -%% \and -%% Still Another Name\authNum -%% } - -\newcounter{authornum} % Use either \num or (preferred) \authNum to denote authors -\def\num{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} -\def\authNum{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} - -%% \begin{authorsinfo}...\end{authorsinfo} - -%% Now used: -%% \begin{authorsinfo} -%% \name{First author: info} -%% \\ -%% \name{Second author: info} -%% \\ -%% \name{Third author: info} -%% (and so on for as many authors -%% as you have) -%% \end{authorsinfo} -%% (note: the \\ doesn't do anything, but makes it easier to -%% see the separate author names.) - -\newcounter{bottomauthor} -\def\authorsinfo{\global\c@bottomauthor=0\setbox0=\vbox\bgroup\footnotesize - \let\\ \relax -} - -\def\endauthorsinfo{\egroup - \footnoteB{\unvbox0} -} - -\def\name#1{\global\advance\c@bottomauthor by 1\textsuperscript{\tiny \the\c@bottomauthor}{#1}{~~~~}} - -\makeatletter -\DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} -\DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} -\DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} -\DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} -\DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} -\DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} -\DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} -\makeatother diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtex.sty b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtex.sty deleted file mode 100755 index 1147b1e85..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtex.sty +++ /dev/null @@ -1,30 +0,0 @@ -%---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -%---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -%To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -%To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -%To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -%To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -%-------------------------------------------------------- diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexBibMake.tex b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexBibMake.tex deleted file mode 100755 index cb5ae56f5..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexBibMake.tex +++ /dev/null @@ -1,7 +0,0 @@ - -%\write18{if [ `kpsewhich economics.bib` != '' ]; then touch economics.bib ; fi} # This should be done only for final versions AFTER bibexport has occurred and \jobname.bib is populated -\write18{if [ ! -f \jobname.bib ]; then touch \jobname.bib ; fi} -\write18{if [ ! -f \jobname-Add.bib ]; then touch \jobname-Add.bib ; fi} - -\bibliographystyle{econtex} -\bibliography{economics,\jobname,\jobname-Add} diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexSetup.sty b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexSetup.sty deleted file mode 100755 index 92e5dde52..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexSetup.sty +++ /dev/null @@ -1,237 +0,0 @@ -\RequirePackage{wasysym -,psibycus % Greek language package, including koppa -,ushort -%,lscape % Pages in landscape mode go inside \begin{landscape}\end{landscape} % CONFLICTS WITH EPSTOPDF -} - -\newenvironment{CDCPrivate} % Environment for extra material not wanted in the public document -{\marginpar{\tiny beginCDC}}{\marginpar{\tiny endCDC}} % CDCPrivate - -\provideboolean{Web} -\setboolean{Web}{false} % reset to true if running via dvi; search for \ifdvi below - -\provideboolean{bigPrint} -\setboolean{bigPrint}{true} -\setboolean{bigPrint}{false} - -\provideboolean{wideMargins} -\setboolean{wideMargins}{true} -\setboolean{wideMargins}{false} - -\provideboolean{BigAndWide} -\setboolean{BigAndWide}{true} -\setboolean{BigAndWide}{false} - -% Options to set if being run from the shell (so autocompiled) -\opt{FromShell}{ -\setboolean{bigPrint}{false} -\setboolean{wideMargins}{false} -\setboolean{BigAndWide}{false} -} - -\opt{bigWide}{ -\setboolean{bigPrint}{true} -\setboolean{wideMargins}{true} -\setboolean{BigAndWide}{true} -\providecommand{\textSizeDefault}{\large} -\providecommand{\abstractSizeDefault}{\large} -} - -\opt{Aquamacs}{ -%\setboolean{bigPrint}{true} -%\setboolean{wideMargins}{true} -%\setboolean{BigAndWide}{true} -%\providecommand{\textSizeDefault}{\large} -%\providecommand{\abstractSizeDefault}{\large} -} - -\provideboolean{KoppaOn} -\setboolean{KoppaOn}{true} -%\setboolean{KoppaOn}{false} - -\ifthenelse{\boolean{KoppaOn}}{ -\providecommand{\koppa}{\text{\greek{k+}}} -\providecommand{\Koppa}{\text{\greek{K+}}} -\providecommand{\sampi}{\text{\greek{s+}}} -\providecommand{\cigma}{\text{\greek{c+}}} -\providecommand{\Cigma}{\text{\greek{C+}}} -}{ -\def\koppa{\mathbf{q}}\providecommand{\koppa}{$\mathbf{q}$}\providecommand{\Koppa}{$\mathbf{Q}$} -} - -% Keep the elements in the argument #1 together on the same page -\newcommand{\together}[1]{\noindent\parbox{\linewidth}{#1}} - -% html version of document must be constructed by running pdflatex in -% dvi output mode; code below creates an ifdvi construct that detects -% whether running in dvi mode and sets the options necessary to generate -% html version of document using tex4ht - -%\makeatletter -%\newif\ifdvi\dvitrue -%\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} -%\makeatother - -% dvi compilation only occurs if making the html version -\ifdvi - \setboolean{Web}{true} - \RequirePackage{tex4ht} - \RequirePackage{graphicx} - \RequirePackage[tex4ht]{hyperref} - \provideboolean{bigPrint}\setboolean{bigPrint}{true} % HTM output looks better in a larger font size - \providecommand{\wideMargins}{\null{}} % Wide margins doesn't mean anything for html documents - \newcommand{\CDCFig}[1]{\centerline{\includegraphics{#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics{#1}}} - \DeclareGraphicsExtensions{.png} - \providecommand{\textSizeDefault}{\large} - \providecommand{\titlepagefinish}{\newpage\textSizeDefault} - \providecommand{\abstractSizeDefault}{\large} - \providecommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht - \let\footnoterule\relax - \makeatletter - \renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{5mm} - \noindent \textbf{Abstract}\\ - \indent \abstractSizeDefault - }{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{3mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{bejournal}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - \begin{quote} - \begin{Description} - \item[\textbf{~~~~~~~~~~~~Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{bejournal}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{~~~~~~~~~~~~JEL codes~}] \@jelclass - \end{Description} - } - \end{quote} - \makeatother - } -\else -% \RequirePackage[pdftex]{graphicx} - \RequirePackage{graphicx} % requiring [pdftex] seems to interfere with Pandemic build -% \RequirePackage[plainpages=false]{hyperref} - \RequirePackage{hyperref} % plainpages seems to mess up BST - \hypersetup{ - pdffitwindow = false, % Don't rescale to fit size of window - pdfpagemode=UseThumbs, - pdfstartview=FitH, - pdfnewwindow = true, % Links open in new window - pdfproducer = {pdfLaTeX with hyperref} - } - \providecommand{\wideMargins}{\usepackage[twoside,marginparwidth=0in,left=0.5in,right=0.5in,top=0.5in,bottom=0.5in]{geometry}\usepackage{layouts}} - \ifthenelse{\boolean{wideMargins}}{\wideMargins}{} - \newcommand{\CDCFig}[1]{\centerline{\includegraphics[width=0.75\textwidth]{../Figures/#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics[width=7.8in,height=5.5in]{../Figures/#1}}} - \DeclareGraphicsExtensions{.pdf} - \ifthenelse{\boolean{bigPrint}}{\renewcommand{\titlepagefinish}{\newpage\large}}{} -\fi - -\newcolumntype{d}[1]{D{.}{.}{#1}} % Seems to need to come after hyperref - -\definecolor{darkblue}{rgb}{0.1,0.094,0.3} -\definecolor{darkred}{rgb}{0.3,0,0} -\hypersetup{colorlinks=true, % put a box around links - linkbordercolor = {1 0 0}, % the box will be red - pdfborder = {1 0 0}, % -% bookmarks=true, % PDF will contain an index on the RHS - urlcolor=darkred, - citecolor=darkblue, - linkcolor=darkred -} - -%% Define the title table as different from the regular table - -%\let\tabularTitle\tabular -%\let\endtabularTitle\endtabular - -%\newenvironment{tabularTitle}{\tabularTitle}{\endtabularTitle} -\newenvironment{tabularTitle}{\tabular}{\endtabular} - -\providecommand{\SolvingMicroDSOPs}{\href{https://www.econ2.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}{SolvingMicroDSOPs}} - -\newcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Consumption/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutF}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1.pdf}{\texttt{#1}}} -\newcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList.pdf}{\texttt{MathFacts}}} -\newcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{#1}}} -\newcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation.pdf}{\texttt{Aggregation}}} - - -% If doing a web version, renewcommands link to the html versions of handouts -\ifdvi -\renewcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/#1}{\texttt{#1}}} -\renewcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1}{\texttt{#1}}} -\renewcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1}{\texttt{#1}}} -\renewcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1}{\texttt{#1}}} -\renewcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFactsList/#1}{\texttt{#1}}} -\fi -\renewcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{MathFacts}}} -\renewcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation/}{\texttt{Aggregation}}} - -% Generic starting text for MathFactsList generated file -\message{Including MathFactsList.defs} -\providecommand{\CRRALim}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#CRRALim}{\ensuremath{\mathtt{[CRRALim]}}}} -\providecommand{\ELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNorm}{\ensuremath{\mathtt{[ELogNorm]}}}} -\providecommand{\ELogNormMeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormMeanOne}{\ensuremath{\mathtt{[ELogNormMeanOne]}}}} -\providecommand{\ELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormTimes}{\ensuremath{\mathtt{[ELogNormTimes]}}}} -\providecommand{\EulersTheorem}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#EulersTheorem}{\ensuremath{\mathtt{[EulersTheorem]}}}} -\providecommand{\ExpEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpEps}{\ensuremath{\mathtt{[ExpEps]}}}} -\providecommand{\ExpPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpPlus}{\ensuremath{\mathtt{[ExpPlus]}}}} -\providecommand{\FinSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSum}{\ensuremath{\mathtt{[FinSum]}}}} -\providecommand{\FinSumMult}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSumMult}{\ensuremath{\mathtt{[FinSumMult]}}}} -\providecommand{\InfSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSum}{\ensuremath{\mathtt{[InfSum]}}}} -\providecommand{\InfSumMult}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSumMult}{\ensuremath{\mathtt{[InfSumMult]}}}} -\providecommand{\LogELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNorm}{\ensuremath{\mathtt{[LogELogNorm]}}}} -\providecommand{\LogELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNormTimes}{\ensuremath{\mathtt{[LogELogNormTimes]}}}} -\providecommand{\LogEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogEps}{\ensuremath{\mathtt{[LogEps]}}}} -\providecommand{\LogMeanMPS}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogMeanMPS}{\ensuremath{\mathtt{[LogMeanMPS]}}}} -\providecommand{\MeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MeanOne}{\ensuremath{\mathtt{[MeanOne]}}}} -\providecommand{\MultPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MultPlus}{\ensuremath{\mathtt{[MultPlus]}}}} -\providecommand{\NormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#NormTimes}{\ensuremath{\mathtt{[NormTimes]}}}} -\providecommand{\OverPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#OverPlus}{\ensuremath{\mathtt{[OverPlus]}}}} -\providecommand{\SmallSmallZero}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SmallSmallZero}{\ensuremath{\mathtt{[SmallSmallZero]}}}} -\providecommand{\SumNormsIsNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SumNormsIsNorm}{\ensuremath{\mathtt{[SumNormsIsNorm]}}}} -\providecommand{\TaylorOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorOne}{\ensuremath{\mathtt{[TaylorOne]}}}} -\providecommand{\TaylorTwo}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorTwo}{\ensuremath{\mathtt{[TaylorTwo]}}}} -\RequirePackage{ifthen} - -\provideboolean{AnswersTF}\setboolean{AnswersTF}{false} % Default is no answers; run with \UseOption{Answers} from shell to generate answers - - -\provideboolean{ExamQ} -\setboolean{ExamQ}{false} -\newcommand{\ifExamQuestion}{\ifthenelse{\boolean{ExamQ}}} - -\provideboolean{SpaceBetweenAnswers} -\setboolean{SpaceBetweenAnswers}{true} -\providecommand{\AnswerOrBlankSpace}{\ifthenelse{\boolean{SpaceBetweenAnswers}}} - -\opt{Answers}{\provideboolean{AnswersTF}\setboolean{AnswersTF}{true}} - -\newcommand{\ifAnswers}{\ifthenelse{\boolean{AnswersTF}}} -\newcommand{\answer}[2]{\ifthenelse{\boolean{AnswersTF}}{ - -{\it Answer:} -\begin{quote} -#1 -\end{quote} -} -{#2}} diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexShortcuts.sty b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexShortcuts.sty deleted file mode 100755 index d2e7f24f3..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/econtexShortcuts.sty +++ /dev/null @@ -1,662 +0,0 @@ -\providecommand{\aAgg}{\ensuremath{\mathsf{A}}} -\providecommand{\aboveMin}{\blacktriangle} -\providecommand{\adjPar}{\ensuremath{\omega}} -\providecommand{\adj}{\ensuremath{\mathrm{j}}} -\providecommand{\aE}{\aRat^{e}} -\providecommand{\aFunc}{\ensuremath{\mathrm{a}}} -\providecommand{\Age}{\ensuremath{Z}} -\providecommand{\age}{\ensuremath{z}} -\providecommand{\ALevBF}{\ensuremath{\mathbf{A}}} -\providecommand{\aLevBF}{\ensuremath{\mathbf{a}}} -\providecommand{\ALev}{\ensuremath{A}} -\providecommand{\aLev}{\ensuremath{a}} -\providecommand{\Alive}{\ensuremath{\aleph}} -\providecommand{\Alt}{\grave} -\providecommand{\aMin}{\ensuremath{\underline{\aRat}}} -\providecommand{\ARat}{\ensuremath{A}} -\providecommand{\aRat}{\ensuremath{a}} -\providecommand{\ASS}{\ensuremath{\ensuremath{A}}} -\providecommand{\aSS}{\ensuremath{\ensuremath{a}}} -\providecommand{\ATarg}{\ensuremath{\check{A}}} -\providecommand{\aTarg}{\ensuremath{\check{a}}} -\providecommand{\BE}{\BRat^{e}} -\providecommand{\bE}{\bRat^{e}} -\providecommand{\BLevBF}{\ensuremath{\mathbf{B}}} -\providecommand{\bLevBF}{\ensuremath{\mathbf{b}}} -\providecommand{\BLevE}{\ensuremath{\BLev^{e}}} -\providecommand{\bLevE}{\ensuremath{\bLev^{e}}} -\providecommand{\BLevU}{\ensuremath{\BLev^{u}}} -\providecommand{\bLevU}{\ensuremath{\bLev^{u}}} -\providecommand{\BLev}{\ensuremath{B}} -\providecommand{\bLev}{\ensuremath{b}} -\providecommand{\bMin}{\ensuremath{\underline{\bRat}}} -\providecommand{\bRatE}{\ensuremath{b}^{e}} -\providecommand{\BRatE}{\ensuremath{B}^{e}} -\providecommand{\bRatU}{\ensuremath{b}^{u}} -\providecommand{\BRat}{\ensuremath{B}} -\providecommand{\bRat}{\ensuremath{b}} -\providecommand{\bTargE}{\ensuremath{\check{b}^{e}}} -\providecommand{\BTargTarg}{\Target{\Target{\BRat}}} -\providecommand{\bTargTarg}{\Target{\Target{\bRat}}} -\providecommand{\BTarg}{\ensuremath{\check{B}}} -\providecommand{\bTarg}{\ensuremath{\check{b}}} -\providecommand{\BU}{{B}^{u}} -\providecommand{\bU}{{b}^{u}} -\providecommand{\cAgg}{\ensuremath{\pmb{C}}} -\providecommand{\CARA}{\ensuremath{\alpha}} -\providecommand{\ccRat}{\ensuremath{\mathsf{c}}} -\providecommand{\CDF}{\ensuremath{\mathcal{F}}} -\providecommand{\CEndFunc}{\ensuremath{\mathfrak{C}}} -\providecommand{\cEndFunc}{\ensuremath{\mathfrak{c}}} -\providecommand{\cEss}{{c}^{e}} -\providecommand{\CE}{\CRat^{e}} -\providecommand{\cE}{\cRat^{e}} -\providecommand{\cFuncAbove}{\ensuremath{\bar{\mathrm{c}}}} -\providecommand{\cFuncBelow}{\ensuremath{\uline{\mathrm{c}}}} -\providecommand{\cFuncMax}{\ensuremath{\bar{\bar{\mathrm{c}}}}} -\providecommand{\CFunc}{\ensuremath{\mathrm{C}}} -\providecommand{\cFunc}{\ensuremath{\mathrm{c}}} -\providecommand{\cFunc}{\ensuremath{\mathrm{c}}} -\providecommand{\CGroOverG}{\ensuremath{\Upsilon}} -\providecommand{\CGroOverR}{\ensuremath{\Phi}} -\providecommand{\CGroPF}{\ensuremath{\Lambda}} -\providecommand{\cGroPF}{\ensuremath{\lambda}} -\providecommand{\CGroPS}{\ensuremath{\chi}} % Precautionary Saving boost to consumption growth -\providecommand{\chiFunc}{\pmb{\chi}} -\providecommand{\Chi}{\ensuremath{\mathrm{X}}} % capital chi is sometimes useful, and not native to LaTeX -\providecommand{\CLevBF}{\ensuremath{\mathbf{C}}} -\providecommand{\cLevBF}{\ensuremath{\mathbf{c}}} -\providecommand{\CLevE}{\CLev^{e}} -\providecommand{\cLevE}{\cLev^{e}} -\providecommand{\cLevFunc}{\ensuremath{\pmb{\cFunc}}} -\providecommand{\CLevU}{\CLev^{u}} -\providecommand{\cLevU}{\cLev^{u}} -\providecommand{\cLev}{\ensuremath{c}} -\providecommand{\CLev}{\ensuremath{C}} -\providecommand{\Cons}{\ensuremath{C}} -\providecommand{\cons}{\ensuremath{c}} -\providecommand{\corr}{\varrho} -\providecommand{\cPDVFunc}{\ensuremath{\mathbb{C}}} -\providecommand{\CPDV}{\ensuremath{\text{PDV($C$)}}} -\providecommand{\cPPP}{\cons^{\prime\prime\prime}} -\providecommand{\cPP}{\cons^{\prime\prime}} -\providecommand{\cP}{\cons^{\prime}} -\providecommand{\cRatBF}{\ensuremath{\pmb{c}}} -\providecommand{\CRatE}{\CRat^{e}} -\providecommand{\cRatE}{\cRat^{e}} -\providecommand{\CRatU}{\CRat^{u}} -\providecommand{\cRatU}{\cRat^{u}} -\providecommand{\CRat}{\ensuremath{C}} -\providecommand{\cRat}{\ensuremath{c}} -\providecommand{\CRRA}{\ensuremath{\rho}} -\providecommand{\CTargE}{\CTarg^{\null}} -\providecommand{\cTargE}{\ensuremath{\Target{c}^{e}}} -\providecommand{\cTargTarg}{\Target{\Target{\cRat}}} -\providecommand{\CTarg}{\ensuremath{\Target{C}}} -\providecommand{\cTarg}{\ensuremath{\Target{c}}} -\providecommand{\curr}{1} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\Curr}{t} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\CU}{\CRat^{u}} -\providecommand{\cU}{\cRat^{u}} -\providecommand{\dRat}{\ensuremath{d}} -\providecommand{\debtLim}{\mathsf{d}} -\providecommand{\Debt}{\ensuremath{D}} -\providecommand{\debt}{\ensuremath{d}} -\providecommand{\DeprFac}{\ensuremath{\daleth}} -\providecommand{\Depr}{\ensuremath{\daleth}} -\providecommand{\depr}{\ensuremath{\delta}} -\providecommand{\deprRte}{\ensuremath{\delta}} % New -\providecommand{\DiscAltuAdj}{\ensuremath{\underline{\underline{\beth}}}} -\providecommand{\DiscAlt}{\ensuremath{\beth}} -\providecommand{\Discount}{\ensuremath{\beta}} -\providecommand{\DiscRate}{\ensuremath{\vartheta}} -\providecommand{\DiscRte}{\ensuremath{\vartheta}} % New -\providecommand{\discRte}{\ensuremath{\vartheta}} % New -\providecommand{\DiscFac}{\ensuremath{\beta}} % New -\providecommand{\DivGro}{\ensuremath{\mathrm{G}}} -\providecommand{\divGro}{\ensuremath{\mathsf{g}}} -\providecommand{\Div}{\ensuremath{D}} -% \providecommand{\div}{\ensuremath{d}} reserved for divide -\providecommand{\DLev}{\ensuremath{D}} -\providecommand{\Dvdnd}{\ensuremath{\mathbf{D}}} -\providecommand{\dvdnd}{\ensuremath{d}} -\providecommand{\edvdnd}{\grave{\dvdnd}} -\providecommand{\EEndMap}{\ensuremath{\mathsf{E}}} -\providecommand{\effUnits}{\ensuremath{X}} -\providecommand{\eFunc}{\ensuremath{\mathrm{e}}} -\providecommand{\ELev}{\ensuremath{E}} -\providecommand{\ek}{\ensuremath{\lambda}} -\providecommand{\EmpGro}{\ensuremath{\Xi}} -\providecommand{\empGro}{\ensuremath{\xi}} -\providecommand{\empState}{\xi} % employment state indicator variable -\providecommand{\EpremLog}{\varphi} % Not using regular \eprem because want to distinguish between \varphi = log E_{t}[\Phi_{t+1}] and \phi_{t} = E[\log \Phi_{t}] -\providecommand{\EPrem}{\Phi} % equity premium -\providecommand{\eprem}{\phi} % log equity premium -\providecommand{\EpShkInv}{\Ex[\pShk^{-1}]} -\providecommand{\erate}{\ensuremath{\cancel{\mho}}} -\providecommand{\error}{\ensuremath{\epsilon}} -\providecommand{\Err}{\ensuremath{Z}} -\providecommand{\err}{\ensuremath{z}} -\providecommand{\err}{\ensuremath{z}} -\providecommand{\Estdr}{\ensuremath{\sigma_{\risky}}} % Standard deviation of log return on risky asset -\providecommand{\Evarr}{\ensuremath{\sigma_{\risky}^{2}}} % Variance of log return on risky asset -\providecommand{\EVarr}{\sigma_{\Risky}^{2}} % Variance of level return on risky asset (when returns norm dist) -\providecommand{\expend}{\ensuremath{\xi}} -%\providecommand{\Ex}{\ensuremath{\mathbb{E}}} % Expectations operator defined in econtex.cls -\providecommand{\FDist}{\ensuremath{\mathcal{F}}} -\providecommand{\fDist}{\ensuremath{\mathcal{f}}} -\providecommand{\FFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\fFunc}{\ensuremath{\mathrm{f}}} -\providecommand{\FLev}{\ensuremath{F}} -\providecommand{\fLev}{\ensuremath{f}} -\providecommand{\fPP}{\ensuremath{\mathrm{f}^{\prime\prime}}} -\providecommand{\FPP}{\ensuremath{\mathrm{F}^{\prime\prime}}} -\providecommand{\fP}{\ensuremath{\mathrm{f}^{\prime}}} -\providecommand{\FP}{\ensuremath{\mathrm{F}^{\prime}}} -\providecommand{\GLev}{\ensuremath{G}} -\providecommand{\GovNW}{\ensuremath{N}} -\providecommand{\govNW}{\ensuremath{n}} -\providecommand{\GovSpend}{\ensuremath{X}} -\providecommand{\govSpend}{\ensuremath{x}} -\providecommand{\Habit}{\ensuremath{H}} -\providecommand{\Habit}{\ensuremath{H}} -\providecommand{\habit}{\ensuremath{h}} -\providecommand{\Ham}{\ensuremath{\mathcal{H}}} % Hamiltonian -\providecommand{\HARKcore}{\texttt{HARKcore}} -\providecommand{\hEndMin}{\ensuremath{\underline{\mathfrak{h}}}} -\providecommand{\hEnd}{\ensuremath{\mathfrak{h}}} -\providecommand{\hFunc}{\ensuremath{\mathrm{h}}} -\providecommand{\Hi}{\hat} -\providecommand{\HLevBF}{\ensuremath{\mathbf{H}}} -\providecommand{\hLevBF}{\ensuremath{\mathbf{h}}} -\providecommand{\HLev}{\ensuremath{\pmb{H}}} -\providecommand{\hLev}{\ensuremath{\pmb{h}}} -\providecommand{\hMin}{\ensuremath{\underline{\h}}} -\providecommand{\HMin}{\ensuremath{\underline{H}}} -\providecommand{\hours}{\ensuremath{\mathfrak{h}}} -\providecommand{\Hours}{\ensuremath{\mathfrak{H}}} -\providecommand{\HRat}{\ensuremath{H}} -\providecommand{\hRat}{\ensuremath{h}} -\providecommand{\h}{\ensuremath{h}} -%\providecommand{\H}{\ensuremath{H}} -\providecommand{\iFunc}{\ensuremath{\mathrm{i}}} -\providecommand{\IFunc}{\ensuremath{\mathrm{I}}} -\providecommand{\ILev}{\ensuremath{I}} -\providecommand{\iLev}{\ensuremath{i}} -\providecommand{\impg}{{\imath}_{\pGro}} -\providecommand{\ImpG}{{\Im}_{\PGro}} -\providecommand{\impr}{{\imath}_{\rfree}} -\providecommand{\ImpR}{{\Im}_{\Rfree}} -\providecommand{\Inc}{{Y}} -\providecommand{\inc}{{y}} -\providecommand{\InvEpShkInv}{\underline{\psi}} -\providecommand{\Inv}{{I}} -\providecommand{\inv}{{i}} -\providecommand{\IRat}{\ensuremath{I}} -\providecommand{\iRat}{\ensuremath{i}} -\providecommand{\itc}{\ensuremath{\zeta}} -\providecommand{\jFunc}{\ensuremath{\mathrm{j}}} -\providecommand{\JLev}{\ensuremath{J}} -\providecommand{\kapRent}{\ensuremath{\varkappa}} -\providecommand{\kapShare}{\ensuremath{\alpha}} -\providecommand{\Kap}{{K}} -\providecommand{\kap}{{k}} -\providecommand{\KFunc}{\ensuremath{\mathrm{K}}} -\providecommand{\kFunc}{\ensuremath{\mathrm{k}}} -\providecommand{\KLevBF}{\ensuremath{\mathbf{K}}} -\providecommand{\kLevBF}{\ensuremath{\mathbf{k}}} -\providecommand{\KLev}{\ensuremath{K}} -\providecommand{\kLev}{\ensuremath{k}} -\providecommand{\kPriceAfterITC}{\ensuremath{\mathscr{P}}} -\providecommand{\kPrice}{\ensuremath{\mathsf{P}}} -\providecommand{\KRat}{\ensuremath{K}} -\providecommand{\kRat}{\ensuremath{k}} -\providecommand{\kTargE}{\ensuremath{\Target{k}^{e}}} -\providecommand{\kTarg}{\ensuremath{\Target{k}}} -\providecommand{\labor}{\ensuremath{\ell}} % -\providecommand{\Labor}{\ensuremath{L}} -\providecommand{\labShare}{\ensuremath{\nu}} -\providecommand{\Leisure}{Z} % -\providecommand{\leisure}{z} % -\providecommand{\leiShare}{\ensuremath{\zeta}} % -\providecommand{\LGro}{\ensuremath{\Lambda}} -\providecommand{\lGro}{\ensuremath{\lambda}} -\providecommand{\LLevBF}{\ensuremath{\mathbf{L}}} -\providecommand{\lLevBF}{\ensuremath{\pmb{\ell}}} -\providecommand{\lLev}{\ensuremath{\ell}} -\providecommand{\LLev}{\ensuremath{L}} -\providecommand{\Lo}{\check} -\providecommand{\LRat}{\ensuremath{L}} -\providecommand{\MaxMaxMPC}{\ensuremath{\bar{\bar{\kappa}}}} -\providecommand{\MaxMinMPC}{\ensuremath{\hat{\underline{\kappa}}}} -\providecommand{\MaxMPC}{\ensuremath{\bar{\kappa}}} -\providecommand{\MaxMPS}{\ensuremath{\PatR}} -\providecommand{\Mean}{\ensuremath{\mathbb{M}}} % Mean -\providecommand{\mEss}{\check{m}^{e}} -\providecommand{\ME}{\MRat^{e}} -\providecommand{\mE}{\mRat^{e}} -\providecommand{\mFunc}{\ensuremath{\mathrm{m}}} -\providecommand{\MinMinMPC}{\ensuremath{\underline{\kappa}}} -\providecommand{\MinMPC}{\ensuremath{\uline{\kappa}}} -\providecommand{\MinMPS}{\ensuremath{\pZero^{1/\CRRA} \PatR}} -\providecommand{\MLevBF}{\ensuremath{\mathbf{M}}} -\providecommand{\mLevBF}{\ensuremath{\mathbf{m}}} -\providecommand{\mLevBF}{\ensuremath{\mathbf{m}}} -\providecommand{\mLevE}{\mLev^{e}} -\providecommand{\MLev}{\ensuremath{M}} -\providecommand{\mLev}{\ensuremath{m}} -\providecommand{\MPCE}{\MPC^{e}} -\providecommand{\MPCFunc}{\ensuremath{\pmb{\kappa}}} -\providecommand{\MPCPPF}{\ensuremath{\Pi}} -\providecommand{\MPCP}{\ensuremath{\pi}} -\providecommand{\MPCU}{\MPC^{u}} -\providecommand{\MPC}{\ensuremath{\kappa}} -\providecommand{\MPSFunc}{\ensuremath{\pmb{lambda}}} -\providecommand{\MPS}{\ensuremath{\lambda}} -\providecommand{\MRatE}{\MRat^{e}} -\providecommand{\mRatE}{\mRat^{e}} -\providecommand{\MRat}{\ensuremath{M}} -\providecommand{\mRat}{\ensuremath{m}} -\providecommand{\MSS}{\ensuremath{\breve{M}}} -\providecommand{\mSS}{\ensuremath{\breve{m}}} -\providecommand{\mTarg}{\check{m}} -\providecommand{\MU}{{M}^{u}} -\providecommand{\mU}{{m}^{u}} -%\providecommand{\m}{\ensuremath{m}} -%\providecommand{\M}{\ensuremath{M}} -%\providecommand{\next}{2} % via search-and-replace -\providecommand{\Next}{t+1} % -\providecommand{\nFunc}{\ensuremath{\mathrm{n}}} -\providecommand{\NLev}{\ensuremath{N}} -\providecommand{\nLev}{\ensuremath{n}} -\providecommand{\NRat}{\ensuremath{N}} -\providecommand{\nRat}{\ensuremath{n}} -\providecommand{\Num}{\ensuremath{N}} -\providecommand{\nIter}{\ensuremath{n}} -\providecommand{\OLevBF}{\ensuremath{\mathbf{O}}} -\providecommand{\oLevBF}{\ensuremath{\mathbf{o}}} -\providecommand{\OLev}{\ensuremath{O}} -\providecommand{\oLev}{\ensuremath{\pmb{o}}} -\providecommand{\ORat}{\ensuremath{O}} -\providecommand{\oRat}{\ensuremath{o}} -\providecommand{\Pareto}{\zeta} -\providecommand{\PatPGroAdj}{\text{\pmb{\Thorn}}_{\underline{\PGro}}} -\providecommand{\patpGroAdj}{\text{\thorn}_{\underline{\pGro}}} -\providecommand{\patpGrohat}{\hat{\text{\thorn}}_{\pGro}} -\providecommand{\PatPGro}{\text{\pmb{\Thorn}}_{\PGro}} -\providecommand{\patpGro}{\text{\thorn}_{\pGro}} -\providecommand{\PatR}{\text{\pmb{\Thorn}}_{\Rfree}} -\providecommand{\patr}{\text{\thorn}_{\rfree}} -\providecommand{\PatU}{\text{\pmb{\Thorn}}_{\urate}} -\providecommand{\patu}{\text{\thorn}_{\urate}} -\providecommand{\PatWGro}{\text{\pmb{\Thorn}}_{\WGro}} -\providecommand{\patwGro}{\text{\thorn}_{\wGro}} -\providecommand{\Pat}{\text{\pmb{\Thorn}}} -\providecommand{\pat}{\text{\thorn}} -\providecommand{\pDeadRate}{\ensuremath{\grave{\cancel{\mathsf{d}}}}} -\providecommand{\pDead}{\ensuremath{\mathfrak{D}}} -\providecommand{\pDieRate}{\ensuremath{\grave{\mathsf{d}}}} -\providecommand{\pDies}{\ensuremath{\mathsf{d}}} % Continuous time death rate -\providecommand{\PDies}{\ensuremath{\mathsf{D}}} % Discrete-time one-period death rate -\providecommand{\diePrb}{\ensuremath{\mathsf{d}}} % Continuous time death rate -\providecommand{\DiePrb}{\ensuremath{\mathsf{D}}} % Discrete-time one-period death rate -\providecommand{\PDV}{\ensuremath{\mathbb{P}}} % PDV -\providecommand{\PGroAdj}{\ensuremath{\underline{\PGro}}} -\providecommand{\pGroAdj}{\ensuremath{\underline{\pGro}}} -\providecommand{\PGrouAdj}{\ensuremath{\underline{\underline{\PGro}}}} -\providecommand{\pGrouAdj}{\ensuremath{\underline{\underline{{\pGro}}}}} -\providecommand{\PGro}{\ensuremath{\Gamma}} -\providecommand{\pGro}{\ensuremath{\gamma}} -\providecommand{\permGroFac}{\ensuremath{\Gamma}} % Econ-ARK -\providecommand{\permGroRte}{\ensuremath{\gamma}} % Econ-ARK -\providecommand{\phiFunc}{\ensuremath{\digamma}} -\providecommand{\PIHMPC}{\ensuremath{\varkappa}} -\providecommand{\PInc}{\ensuremath{P}} -\providecommand{\PLabor}{\ensuremath{P}} % Permanent labor income in levels -\providecommand{\Plabor}{P} % Permanent labor income in levels -\providecommand{\PLevBF}{\ensuremath{\mathbf{P}}} -\providecommand{\pLevBF}{\ensuremath{\mathbf{p}}} -\providecommand{\PLev}{\ensuremath{P}} -\providecommand{\pLog}{\ensuremath{p}} -\providecommand{\pLev}{\ensuremath{\pmb{p}}} -\providecommand{\PLev}{\ensuremath{P}} -\providecommand{\LivPrb}{\ensuremath{\cancel{\DiePrb}}} -\providecommand{\livPrb}{\ensuremath{\cancel{\diePrb}}} -\providecommand{\PLives}{\ensuremath{\cancel{\PDies}}} -\providecommand{\pLives}{\ensuremath{\cancel{\pDies}}} -%\providecommand{\pNotZero}{\ensuremath{\cancel{\wp}}} -\providecommand{\pNotZero}{(1-\pZero)} -\providecommand{\PopE}{\mathcal{E}} -\providecommand{\popE}{e} -\providecommand{\PopGro}{\ensuremath{\Xi}} -\providecommand{\popGro}{\ensuremath{\xi}} -\providecommand{\PopLev}{\ensuremath{\pmb{N}}} -\providecommand{\PopU}{\mathcal{U}} -\providecommand{\Pop}{\ensuremath{L}} -\providecommand{\PostITC}{\ensuremath{\cancel{\zeta}}} -\providecommand{\power}{\ensuremath{\eta}} -\providecommand{\pPDVFunc}{\ensuremath{\mathbb{P}}} -\providecommand{\PPDV}{\ensuremath{\text{PDV($P$)}}} -\providecommand{\pRat}{\ensuremath{p}} -\providecommand{\Price}{\ensuremath{\mathsf{P}}} -\providecommand{\ProdFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\ProdFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\prodFunc}{\ensuremath{\mathrm{f}}} -\providecommand{\prudEx}{\ensuremath{\omega}} -\providecommand{\prud}{\ensuremath{\eta}} -\providecommand{\pSav}{\ensuremath{\phi}} -\providecommand{\pShkMin}{\underline{\psi}} % -\providecommand{\PShk}{\Psi} % -\providecommand{\PermShkAgg}{\Psi} % New -\providecommand{\PermShk}{\Psi} % New -\providecommand{\permShk}{\psi} % New -\providecommand{\pShk}{\psi} % -\providecommand{\permShkInd}{\psi} % New -\providecommand{\pshk}{\psi} % -\providecommand{\PtyGro}{\ensuremath{\Phi}} -\providecommand{\ptyGro}{\ensuremath{\phi}} -\providecommand{\PtyLab}{\ensuremath{\mathrm{Z}}} % Labor productivity -\providecommand{\ptyLab}{\ensuremath{z}} % usually, log of \PtyLab -\providecommand{\PtyLev}{\ensuremath{A}} % Multiplies overall production function -\providecommand{\ptyLev}{\ensuremath{a}} % Usually, log of \PtyLev -\providecommand{\pZero}{\ensuremath{\wp}} -\providecommand{\QLev}{\ensuremath{Q}} -\providecommand{\q}{\ensuremath{\koppa}} -\providecommand{\RCpnd}{\ensuremath{\mathbf{R}}} -\providecommand{\RevFunc}{\ensuremath{\pmb{\Pi}}} -\providecommand{\revFunc}{\ensuremath{\pmb{\pi}}} -\providecommand{\Rev}{\ensuremath{\Pi}} -\providecommand{\rev}{\ensuremath{\pi}} -\providecommand{\rfree}{\ensuremath{\mathsf{r}}} % The net return on the safe asset at an annual rate -\providecommand{\Rfree}{\ensuremath{\mathsf{R}}} % The return factor on the safe asset - unfortunately mathfrak fonts don't come through for tth -\providecommand{\RFunc}{\ensuremath{\mathrm{R}}} -\providecommand{\RGross}{\ensuremath{\breve{\mathsf{R}}}} -\providecommand{\rGross}{\ensuremath{\breve{\mathsf{r}}}} -%\providecommand{\RiskyAlt}{\ensuremath{\acute{\mathbf{R}}}} % The return on the risky asset -\providecommand{\RiskyAlt}{\ensuremath{\pmb{\mathfrak{R}}}} % The return on the risky asset -% \providecommand{\riskyAlt}{\ensuremath{\acute{\mathbf{r}}}} % The net return on the risky asset annual rate -\providecommand{\riskyAlt}{\ensuremath{\pmb{\mathfrak{r}}}} % The net return on the risky asset annual rate -\providecommand{\riskyshare}{\ensuremath{\varsigma}} -\providecommand{\Risky}{\ensuremath{\mathbf{R}}} % The return on the risky asset -\providecommand{\risky}{\ensuremath{\mathbf{r}}} % The net return on the risky asset annual rate -\providecommand{\RLev}{\ensuremath{R}} % Rate of return (but better to use \Rfree or \Risky or something else more specific -\providecommand{\RnormWGro}{\ensuremath{\mathcal{R}_{\WGro}}} % Normalized version of riskless return factor -\providecommand{\rnormwGro}{\ensuremath{\mathit{r}_{\wGro}}} % Normalized version of riskless rate of return -\providecommand{\Rnorm}{\ensuremath{\mathcal{R}}} % Normalized version of riskless return factor -\providecommand{\rnorm}{\ensuremath{\mathit{r}}} % Normalized version of riskless rate of return -\providecommand{\Rport}{\ensuremath{\mathbbmss{R}}} % Portfolio -weighted return -\providecommand{\rport}{\ensuremath{\mathbbmss{r}}} -\providecommand{\Rprod}{\ensuremath{\mathscr{R}}} -\providecommand{\rprod}{\ensuremath{\mathscr{r}}} -\providecommand{\rProd}{\ensuremath{\mathsf{r}}} -\providecommand{\RProd}{\ensuremath{\mathsf{R}}} -\providecommand{\RSave}{\ensuremath{\underline{\Rfree}}} -\providecommand{\rsave}{\ensuremath{\underline{\rfree}}} -\providecommand{\RBoro}{\ensuremath{\bar{\Rfree}}} -\providecommand{\rboro}{\ensuremath{\bar{\rfree}}} -%\providecommand{\R}{\Rfree} -\providecommand{\saveRate}{\grave{s}} % saving (income minus consumption) over income -\providecommand{\Save}{S} % Saving (income minus consumption) -\providecommand{\save}{s} % saving (income minus consumption) -\providecommand{\SDF}{\MLev} % Stochastic Discount Factor -\providecommand{\sdr}{\mRat} % Stochastic Discount rate -\providecommand{\Seniority}{\ensuremath{\mathsf{X}}} -\providecommand{\seniority}{\ensuremath{\mathsf{x}}} -\providecommand{\SeverancePayment}{\ensuremath{\mathcal{S}}} -\providecommand{\SeveranceRatio}{\ensuremath{\varsigma}} -%\providecommand{\Severance}{\ensuremath{\varsigma}} -\providecommand{\Severance}{\kappa} -\providecommand{\SE}{\SRat^{e}} -\providecommand{\sE}{\sRat^{e}} -\providecommand{\sFunc}{\ensuremath{\mathrm{s}}} -\providecommand{\shk}{\phi} -\providecommand{\Shk}{\Phi} -\providecommand{\ShkLogZeroLogStd}{\sigma_{\cancel{\ShkMeanOneLog}}} % Std of that shock -\providecommand{\ShkLogZeroLogVar}{\sigma_{\cancel{\ShkMeanOneLog}}^{2}} % Variance of that shock -\providecommand{\ShkLogZeroLog}{\cancel{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkLogZero}{\cancel{\ShkMeanOne}} % A shock whose expectation in logs is zero; cancellation of the nonzero mean for the mean one shock -\providecommand{\ShkMeanOneLogStd}{\sigma_{\ShkMeanOneLog}} % Std of that shock -\providecommand{\ShkMeanOneLogVar}{\sigma^{2}_{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkMeanOneLog}{\theta} % Log of that shock -\providecommand{\ShkMeanOne}{\Theta} % A shock whose expectation in levels is always equal to one regardless of variance -\providecommand{\SLevBF}{\mathbf{S}} -\providecommand{\sLevBF}{\mathbf{s}} -\providecommand{\SLevE}{\SLev^{e}} -\providecommand{\sLevE}{\sLev^{e}} -\providecommand{\SLevU}{\SLev^{u}} -\providecommand{\sLevU}{\sLev^{u}} -\providecommand{\SLev}{\ensuremath{S}} -\providecommand{\sLev}{\ensuremath{s}} -\providecommand{\srate}{\ensuremath{\varsigma}} -\providecommand{\SRatE}{\SRat^{e}} -\providecommand{\sRatE}{\sRat^{e}} -\providecommand{\SRatU}{\SRat^{u}} -\providecommand{\sRatU}{\sRat^{u}} -\providecommand{\SRat}{\ensuremath{S}} -\providecommand{\sRat}{\ensuremath{s}} -\providecommand{\STargE}{\Target{\SRat}^{\null}} -\providecommand{\sTargE}{\Target{\sRat}^{\null}} -\providecommand{\STargTarg}{\Target{\Target{\SRat}}} -\providecommand{\sTargTarg}{\Target{\Target{\sRat}}} -\providecommand{\STarg}{\Target{\SRat}} -\providecommand{\sTarg}{\Target{\sRat}} -\providecommand{\Steady}{\bar} -\providecommand{\Stocks}{{S}} -\providecommand{\stocks}{{s}} -\providecommand{\straight}{\Pi} -\providecommand{\Surplus}{\ensuremath{Z}} -\providecommand{\surplus}{\ensuremath{z}} -\providecommand{\SU}{\SRat^{u}} -\providecommand{\sU}{\sRat^{u}} -\providecommand{\Target}{\check} -\providecommand{\TaxCombInv}{\ensuremath{\mathcal{T}^{-1}}} -\providecommand{\TaxComb}{\ensuremath{\mathcal{T}}} -\providecommand{\TaxCorp}{\ensuremath{\Large \tau}} -\providecommand{\taxCorp}{\ensuremath{\tau}} -\providecommand{\taxDep}{\ensuremath{\partial}} -\providecommand{\TaxFree}{\ensuremath{\cancel{\Tax}}} -\providecommand{\TaxLev}{T} -\providecommand{\TaxNetTrans}{\ensuremath{Z}} -\providecommand{\taxNetTrans}{\ensuremath{z}} -\providecommand{\TaxPaid}{\ensuremath{T}} -\providecommand{\TaxRate}{\ensuremath{t}} -\providecommand{\TaxUI}{\ensuremath{\tau}} -\providecommand{\Tax}{\ensuremath{\tau}} -\providecommand{\tax}{\tau} -\providecommand{\tBak}{\ensuremath{\pmb{n}}} -\providecommand{\TEatBak}{\ensuremath{\mathtt{q}}} -\providecommand{\TEat}{\ensuremath{\TEnd}} -\providecommand{\TEndBak}{\ensuremath{\mathsf{p}}} -\providecommand{\TEnd}{\ensuremath{T}} -\providecommand{\TermTime}{\ensuremath{T}} -\providecommand{\tFwd}{\ensuremath{n}} -\providecommand{\tHorOfm}{\ensuremath{\pmb{n}}} -\providecommand{\tHor}{\ensuremath{\mathsf{n}}} -\providecommand{\timeRate}{\ensuremath{\vartheta}} -\providecommand{\tinyAmount}{\ensuremath{\epsilon}} -\providecommand{\TLev}{\ensuremath{T}} -\providecommand{\TMap}{\mathscr{T}} -\providecommand{\tNow}{\ensuremath{t}} -\providecommand{\tShkAll}{\xi} % -\providecommand{\tShkEmpMin}{\underline{\theta}} % -\providecommand{\TShkEmp}{\Theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tranShkInd}{\theta} % New -\providecommand{\TranShkAgg}{\Theta} % New -\providecommand{\TShk}{\Xi} % -\providecommand{\tShk}{\xi} % -\providecommand{\tshk}{\xi} % -\providecommand{\tSS}{\ensuremath{t}} -\providecommand{\tThen}{\ensuremath{\tau}} -\providecommand{\uFunc}{{\ensuremath{\mathrm{u}}}} -\providecommand{\uInvEpShkuInv}{\underline{\underline{\psi}}} -\providecommand{\ULev}{\ensuremath{U}} -\providecommand{\uLev}{\ensuremath{u}} -\providecommand{\unins}{\ensuremath{\zeta}} -\providecommand{\uPDVFunc}{\ensuremath{\mathbb{U}}} -\providecommand{\uPmt}{\ensuremath{\mu}} -\providecommand{\uPPP}{{\ensuremath{\mathrm{u}^{\prime\prime\prime}}}} -\providecommand{\uPP}{{\ensuremath{\mathrm{u}^{\prime\prime}}}} -\providecommand{\uP}{{\ensuremath{\mathrm{u}^{\prime}}}} -\providecommand{\urate}{\ensuremath{\mho}} -\providecommand{\utilFunc}{\ensuremath{\mathrm{u}}} -\providecommand{\util}{\ensuremath{u}} -\providecommand{\ValAlt}{\ensuremath{\mathcal{V}}} % middle-of-period Value function -\providecommand{\valfn}{\ensuremath{\mathrm{v}}} % middle-of-period value function -\providecommand{\Value}{\ensuremath{\mathrm{V}}} % middle-of-period Value function -\providecommand{\VEndFunc}{\ensuremath{\mathfrak{V}}} -\providecommand{\vEndFunc}{\ensuremath{\mathfrak{v}}} -\providecommand{\VEnd}{\ensuremath{\mathfrak{V}}} % end-of-period Value function -\providecommand{\vEnd}{\ensuremath{\mathfrak{v}}} % end-of-period value function -\providecommand{\vEss}{\check{v}^{e}} -\providecommand{\VE}{{V}^{e}} -\providecommand{\vE}{{v}^{e}} -\providecommand{\vFirm}{\ensuremath{\mathrm{e}}} -\providecommand{\VFunc}{\ensuremath{\mathrm{V}}} -\providecommand{\vFunc}{\ensuremath{\mathrm{v}}} -\providecommand{\VInv}{\ensuremath{\Lambda}} -\providecommand{\vInv}{\ensuremath{\scriptstyle \Lambda \displaystyle}} -\providecommand{\vk}{\ensuremath{\lambda}} -\providecommand{\vLevBF}{\ensuremath{\mathbf{v}}} -\providecommand{\VLevFunc}{\ensuremath{\pmb{\mathrm{V}}}} -\providecommand{\vLevFunc}{\ensuremath{\pmb{\mathrm{v}}}} -\providecommand{\VLev}{\ensuremath{V}} -\providecommand{\vLev}{\ensuremath{v}} -\providecommand{\vNorm}{\ensuremath{\mathrm{w}}} % end-of-period value function -\providecommand{\VNum}{\ensuremath{V}} -\providecommand{\vNum}{\ensuremath{v}} -\providecommand{\vOptAlt}{\ensuremath{\Alt{\tilde{\mathfrak{v}}}}} -\providecommand{\vOpt}{\ensuremath{\tilde{\mathfrak{v}}}} -\providecommand{\VRat}{\ensuremath{V}} -\providecommand{\vRat}{\ensuremath{v}} -\providecommand{\vTarg}{\Target{\vRat}} -\providecommand{\VU}{{V}^{u}} -\providecommand{\vU}{{v}^{u}} -\providecommand{\Wage}{\ensuremath{\mathsf{W}}} -\providecommand{\wage}{\ensuremath{\mathsf{w}}} -\providecommand{\WAllLev}{\ensuremath{\mathbf{O}}} -\providecommand{\wAllLev}{\ensuremath{\mathbf{o}}} -\providecommand{\WAllRat}{\ensuremath{O}} -\providecommand{\wAllRat}{\ensuremath{o}} -\providecommand{\WAll}{{O}} -\providecommand{\wAll}{{o}} -\providecommand{\WBeg}{\KLev} % Wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\wBeg}{\kLev} % wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\Wealth}{\ensuremath{O}} -\providecommand{\wealth}{\ensuremath{o}} -\providecommand{\WEndRat}{\ARat} % -\providecommand{\wEndRat}{\aRat} % -\providecommand{\WEnd}{\ALev} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wEnd}{\aLev} % wealth as of the end of the period (after C has been taken) -\providecommand{\Wend}{\ARat} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wend}{\aRat} % wealth as of the end of the period (after C has been taken) -\providecommand{\wFunc}{\mathrm{w}} -\providecommand{\WGroPF}{\ensuremath{\mathrm{G}}} -\providecommand{\WGro}{\ensuremath{\mathrm{G}}} -\providecommand{\wGro}{\ensuremath{\mathsf{g}}} -\providecommand{\whumMin}{\underline{\hRat}} % human wealth -- individual -\providecommand{\WHum}{\HLev} % Human wealth -- aggregate -\providecommand{\wHum}{\hLev} % human wealth -- individual -\providecommand{\Whum}{\HRat} % Human wealth -- aggregate -\providecommand{\whum}{\hRat} % human wealth -- individual -\providecommand{\WLev}{\ensuremath{W}} -\providecommand{\wLev}{\pmb{w}} -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wMid}{\bLev} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\Wmid}{\BRat} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wmid}{\bRat} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMkt}{\MLev} % Wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wMkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wmkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wNet}{\ensuremath{x}} % -\providecommand{\WNet}{\ensuremath{X}} % Total wealth -\providecommand{\WPre}{{K}} -\providecommand{\wPre}{{k}} -\providecommand{\wRat}{\ensuremath{o}} % -\providecommand{\WRat}{\ensuremath{O}} % Ratio to permanent income -\providecommand{\wTot}{\ensuremath{\mathbf{o}}} % -\providecommand{\WTot}{\ensuremath{\mathbf{O}}} % Total wealth -\providecommand{\wtot}{\ensuremath{o}} % -\providecommand{\Wtot}{\ensuremath{O}} % Total wealth -\providecommand{\xFer}{\chi} -\providecommand{\XFer}{X} -\providecommand{\xFunc}{\mathrm{x}} -\providecommand{\XLev}{\ensuremath{X}} -\providecommand{\xLev}{\ensuremath{x}} -\providecommand{\xpend}{\ensuremath{\xi}} -\providecommand{\XperGro}{\ensuremath{\mathsf{X}}} -\providecommand{\xperGro}{\ensuremath{\mathsf{x}}} -\providecommand{\XRat}{\ensuremath{X}} -\providecommand{\xRat}{\ensuremath{x}} -\providecommand{\yFunc}{\mathrm{y}} -\providecommand{\yLevBF}{\ensuremath{\mathbf{y}}} -\providecommand{\YLev}{\ensuremath{Y}} -\providecommand{\YLevBF}{\ensuremath{\mathbf{Y}}} -\providecommand{\yLev}{\ensuremath{y}} -\providecommand{\YRat}{\ensuremath{Y}} -\providecommand{\yRat}{\ensuremath{y}} -\providecommand{\yTargE}{\ensuremath{\check{y}^{e}}} -\providecommand{\yTarg}{\ensuremath{\check{y}}} -\providecommand{\zAgg}{\ensuremath{\pmb{Z}}} -\providecommand{\zFunc}{\mathrm{z}} -\providecommand{\ZLevBF}{\ensuremath{\mathbf{Z}}} -%\providecommand{\zLevBF}{\ensuremath{\mathbf{z}}} -\providecommand{\zLevBF}{\ensuremath{\pmb{z}}} -\providecommand{\ZLev}{\ensuremath{Z}} -\providecommand{\zLev}{\ensuremath{z}} -\providecommand{\ZRat}{\ensuremath{Z}} -\providecommand{\zRat}{\ensuremath{z}} - -\providecommand{\DieFac}{\pDead} -\providecommand{\LivFac}{\Alive} -\providecommand{\PopFac}{\PopGro} -\providecommand{\popRte}{\popGro} - - -\providecommand{\NFALev}{\NLev} -\providecommand{\NFARat}{\NRat} -\providecommand{\NI}{\ensuremath{Z}} -\providecommand{\GDPLev}{\pmb{P}} -\providecommand{\GDPRat}{P} -\providecommand{\GDPGro}{\gimel} -\providecommand{\gdpLev}{\pmb{p}} -\providecommand{\gdpRat}{p} -\providecommand{\weight}{\omega} - - -\providecommand{\bi}{} -\renewcommand{\bi}{\begin{itemize}} -\providecommand{\ei}{} -\renewcommand{\ei}{\end{itemize}} -\providecommand{\reqd}{} -\renewcommand{\reqd}{\item[$^{*}$]} -\providecommand{\recm}{} -\renewcommand{\recm}{\item[\phantom{$^{*}$}]} - -\providecommand{\pd}[2]{\frac{\partial#1}{\partial#2}} - - -% Ensure that you're in math mode when using the \cancel command (otherwise tex4ht produces bad output) -\newcommand\cncl[1]{\ensuremath{\cancel{#1}}} - -% Define the handles for the various conditions -\newcommand{\constr}[1]{\grave{#1}} - -\newcommand{\PFGPF}{{\mbox{PF-GPF}}} -\newcommand{\PFGIC}{{\mbox{PF-GIC}}} -\newcommand{\AIC}{{\mbox{AIC}}} -\newcommand{\PFFVAC}{{\mbox{PF-FVAC}}} -\newcommand{\PFVAF}{{\mbox{PF-FVAF}}} -\newcommand{\FVAC}{{\mbox{FVAC}}} -\newcommand{\FVAF}{{\mbox{FVAF}}} -\newcommand{\GIC}{{\mbox{GIC}}} -\newcommand{\GICAgg}{{\mbox{GIC-Agg}}} -\newcommand{\RIC}{{\mbox{RIC}}} -\newcommand{\WRIC}{{\mbox{WRIC}}} -\newcommand{\FHWC}{{\mbox{FHWC}}} -\newcommand{\RPF}{{\mbox{RPF}}} -\newcommand{\GPF}{{\mbox{GPF}}} -\newcommand{\GPFAgg}{{\mbox{GPF-Agg}}} -\newcommand{\FHWF}{\mbox{FHWF}} diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handout.cls b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handout.cls deleted file mode 100755 index a972f7865..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handout.cls +++ /dev/null @@ -1,412 +0,0 @@ -%%% LaTeX class for economics -%%% -%%% author: Christopher Carroll -%%% license: LaTeX Project Public License -%%% -%%% Modified from style itaxpf by Arne Henningsen -%%% version: 1.0 (09 July 2007) -%%% license: LaTeX Project Public License -%%% -%%% Further information is available at -%%% http://www.uni-kiel.de/agrarpol/ahenningsen/latex-bibtex.html -%%% -%%% This document class is based on the "scrartcl" class -%%% from the KOMA script bundle. For documentation, Google KOMA-Script Documentation -%%% -%%% The corresponding BibTeX style file "handout.bst" should be used -%%% for the bibliography: \bibliographystyle{handout} -%%% -%%% In addition to the options for scrartcl, this package includes an additional option -%%% titlepage = include a title page (with command "\maketitle", or "\maketitleWithForcedDate{}") -%%% -%%% If an abstract is defined by \begin{abstract}\end{abstract} before \maketitle is invoked, -%%% it will appear on the title page -%%% -%%% If the titlepage option is invoked: -%%% \keywords can be used to show keywords below the abstract -%%% \jelclass can be used to show JEL classifications below the abstract -%%% \thanks{text of the thank-you footnote} produces a footnote at the bottom of the page containing the text - -% Made by handoutMake.sh -\ProvidesClass{handout}[2019/11/18 LaTeX class for handouts written by Christopher Carroll] -\NeedsTeXFormat{LaTeX2e} -% \RequirePackage{rotating} -\RequirePackage{snapshot} % Creates list of external files used by a LaTeX document -\RequirePackage{ifthen} -\RequirePackage{changepage} - -% If unspecified whether pdf output (instead of dvi) is being used, determine that it SHOULD be -\newif\ifdvi\dvitrue -\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} - -% permit double spacing -\RequirePackage{setspace} -% \doublespacing - -% option to include a title page -\newcounter{IncludeTitlePage} -\setcounter{IncludeTitlePage}{0} -\DeclareOption{titlepage}{\setcounter{IncludeTitlePage}{1}} - -% pass any options on to the scrartcl class and load this class with some options -\DeclareOption*{\PassOptionsToClass{\CurrentOption}{scrartcl}} -\ProcessOptions\relax -\LoadClass[fontsize=12pt,english,numbers=noenddot,captions=tableheading,captions=nooneline]{scrartcl} -% pointlessnumbers = do not add final dot after ordinary section numbers -% tablecaptionabove = use \captionabove for captions above rather than below tables -% noonelinecaption = do not treat one-line captions differently - -% use new TeX encoding scheme (T1), which contains accented (European) letters, -% to make European hyphenations work -\RequirePackage[T1]{fontenc} - -% use babel package and set language to english -\RequirePackage[english]{babel} - -% spacing around formulas -\AtBeginDocument{ - \setlength{\abovedisplayshortskip}{6pt} - \setlength{\belowdisplayshortskip}{6pt} - \setlength{\abovedisplayskip}{6pt} - \setlength{\belowdisplayskip}{6pt} - \allowdisplaybreaks % Permits LaTeX to break long formulas across pages (?) -} - -%% Added the above info to the definition of normalsize -\def\normalsize{\@setfontsize \normalsize \@xiipt {14.5} - \abovedisplayskip 6\p@ \@plus 3\p@ \@minus 3\p@ - \belowdisplayskip \abovedisplayskip - \abovedisplayshortskip 6pt \belowdisplayshortskip 6pt - \let \@listi \@listI} -\normalsize - -% Don't indent the second and later lines of footnotes -\deffootnote[1em]{0.0em}{1em}{\textsuperscript{\thefootnotemark}} - -% spacing around captions and floats -\setlength{\abovecaptionskip}{6pt} -\setlength{\belowcaptionskip}{3pt} -\setlength{\floatsep}{0pt} -\setlength{\textfloatsep}{20pt} -\setlength{\intextsep}{15pt} - -\RequirePackage{calc} - -\newenvironment{Description} -{\begin{list}{}{\let\makelabel\Descriptionlabel - \setlength\labelwidth{75pt} - \setlength\labelsep{0pt} - \setlength\leftmargin{75pt} - \setlength\itemindent{0pt} - }} - {\end{list}} -\newcommand*\Descriptionlabel[1]{\textbf{#1}\hfil} - -\RequirePackage{cancel,verbatim, - amsmath,amssymb,amsfonts,amsthm - ,threeparttable,dcolumn,multicol,multirow,booktabs % table environment extensions - ,latexsym - ,afterpage - ,enotez - ,moreverb - ,hhline % Allow double hlines - ,tipa % Define more characters, in particular the \textthorn character - ,xcolor % Superceded color, which is WAY out of date - ,accents - ,appendix -} - -\DeclareInstance{enotez-list}{superscriptednotes}{paragraph} -{ - number = \textsuperscript{#1} -} -% to get endnotes with superscripts, use \printendnotes[superscriptednotes] - -% \RequirePackage{handout} % Removed 20170801 because won't work when invoked from nonroot paths -% Contents of the file are pasted in below - -% ---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -% ---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -% To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -% To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -% To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -% To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -% -------------------------------------------------------- - - -\RequirePackage[mathscr]{eucal} -\RequirePackage[normalem]{ulem} -\providecommand\bmmax{0} % Prevent boldmath package from using up too much memory -\RequirePackage{bm} % Allow bold math -\RequirePackage{bbm} % Blackbord math - -% font for URLs -\RequirePackage{url} -\def\UrlFont{\ttfamily} - -\usepackage[handout]{optional} % Enable the control of compilation using options passed on startup -\opt{EndFloats}{\RequirePackage[noheads,nolists,tablesfirst,nomarkers]{endfloat}} - -% page format, margins if PrintGeom option is invoked -\opt{PrintGeom}{ - \RequirePackage{geometry} - \geometry{letterpaper, tmargin=1.4in, bmargin=1.4in, lmargin=1.25in, - rmargin=1.25in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\opt{JournalFormatting}{ % BEJM requires 1.5 inch margins - \RequirePackage{geometry} - \geometry{letterpaper, tmargin=1.5in, bmargin=1.5in, lmargin=1.5in, - rmargin=1.5in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\providecommand{\textSizeDefault}{\normalsize} -\opt{bigWide}{\renewcommand{\textSizeDefault}{\large}} - -\providecommand{\abstractSizeDefault}{\small} -\opt{bigWide}{\renewcommand{\abstractSizeDefault}{\normalsize}} - -%% formatting section headers -\setkomafont{section}{\normalfont \Large \bfseries} -\setkomafont{subsection}{\normalfont \large} -\setkomafont{subsubsection}{\normalfont \itshape} - -% citations and bibliography -\RequirePackage[authoryear]{natbib} -\AtBeginDocument{\renewcommand{\refname}{References} - \renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} % Restore footnote defn after titlepage redefines it - \ifdvi - \else - \renewcommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht (which compiles using dvi) - \fi -} - -% captions of figures and tables -\setcapwidth[c]{\textwidth} -% \setcapindent*{0pt} -\setkomafont{captionlabel}{\centering \bfseries} -\setkomafont{caption}{\centering} -\renewcommand{\captionformat}{~ } - -\newcommand{\forcedate}[1]{\newcommand{\@forcedate}{#1}} - -% titlepage with title, author(s), and date - -\renewcommand{\maketitle}{ - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize \@date \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -\newcommand{\maketitleWithForcedDate}[1]{ - \ClassWarningNoLine{handout}{\protect\maketitleWithForcedDate{} is deprecated. To set a date different from the current one, just use the \protect\date{(string desired to signify paper date)}} - - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize #1 \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -% abstract, keywords, JEL classification -\newcommand{\keywords}[1]{\newcommand{\@keywords}{#1}} -\newcommand{\jelclass}[1]{\newcommand{\@jelclass}{#1}} -\newcommand{\aspublished}[1]{\newcommand{\@aspublished}{#1}} - -\renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \ifdvi - \else % horizontal rule works well for PDF, not for html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \fi - \vspace*{4mm} - \abstractSizeDefault - \noindent \textbf{Abstract}\\ - \indent - }{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \ifdvi - \else - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \fi - \vspace*{0mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{handout}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - - \begin{quote} - \begin{Description} - \item[\textbf{Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{handout}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{JEL codes~}] \@jelclass - } - - \end{Description} - \ifthenelse{ \isundefined\@aspublished }{ - }{ - { - - \vspace{0.1in}\@aspublished} - }\end{quote} -} - -\setcounter{footnote}{0}% - -\medskip - -% avoid clubs and widows -\clubpenalty=1000 % penalty for breaking a page with only one sentence; set to 10000 to prohibit -\widowpenalty=10000 -% \displaywidowpenalty=10000 - -\hbadness 3000 % LaTeX default is 1000, which is too finicky - set to 10000 to get rid of complaints - -% increase stretchability of the spaces (avoid overfull hboxes) -\setlength{\emergencystretch}{3em} - - -\pagestyle{plain} -\thispagestyle{empty} - -\newcommand{\titlepagefinish}{\newpage - \renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} -} - - -\RequirePackage[multiple]{footmisc} -\RequirePackage{manyfoot} -%\RequirePackage{perpage} \DefineFNsymbols{blank}[text]{{} {} {} {} {}} \setfnsymbol{blank} \DeclareNewFootnote{B}[fnsymbol] \MakePerPage{footnoteB} \renewcommand{\thanks}{\footnoteB} \newcommand{\thanksFooter}{\footnoteB} - -% 20170126: perpage package conflicts with something else so is removed in handoutMake.sh - -\hfuzz2pt % Don't bother to report over-full boxes if over-edge is < 2pt - -%%%%%%%%%% Added by Amy Hendrickson, TeXnology Inc. -%% Amy change, Feb 28, 2011 ==>> - -%%% Generalization of the author and authorinfo commands, based on -%%% the original code. - -%% Sample use: -%% \author{Christopher D. Carroll\authNum \\ -%% \and -%% Jiri Slacalek\authNum \\ -%% \and -%% Martin Sommer\authNum \\ -%% \and -%% Another Name\authNum -%% \and -%% Still Another Name\authNum -%% } - -\newcounter{authornum} % Use either \num or (preferred) \authNum to denote authors -\def\num{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} -\def\authNum{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} - -%% \begin{authorsinfo}...\end{authorsinfo} - -%% Now used: -%% \begin{authorsinfo} -%% \name{First author: info} -%% \\ -%% \name{Second author: info} -%% \\ -%% \name{Third author: info} -%% (and so on for as many authors -%% as you have) -%% \end{authorsinfo} -%% (note: the \\ doesn't do anything, but makes it easier to -%% see the separate author names.) - -\newcounter{bottomauthor} -\def\authorsinfo{\global\c@bottomauthor=0\setbox0=\vbox\bgroup\footnotesize - \let\\ \relax -} - -\def\endauthorsinfo{\egroup - \footnoteB{\unvbox0} -} - -\def\name#1{\global\advance\c@bottomauthor by 1\textsuperscript{\tiny \the\c@bottomauthor}{#1}{~~~~}} - -\makeatletter -\DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} -\DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} -\DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} -\DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} -\DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} -\DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} -\DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} -\makeatother diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handout.sty b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handout.sty deleted file mode 100755 index 1147b1e85..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handout.sty +++ /dev/null @@ -1,30 +0,0 @@ -%---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -%---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -%To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -%To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -%To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -%To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -%-------------------------------------------------------- diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutBibMake.tex b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutBibMake.tex deleted file mode 100755 index 7d7077521..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutBibMake.tex +++ /dev/null @@ -1,7 +0,0 @@ - -% \write18{if [ ! -f economics.bib ]; then touch economics.bib ; fi} -\write18{if [ ! -f \jobname.bib ]; then touch \jobname.bib ; fi} -\write18{if [ ! -f \jobname-Add.bib ]; then touch \jobname-Add.bib ; fi} - -\bibliographystyle{handout} -\bibliography{economics,\jobname,\jobname-Add} diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutSetup.sty b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutSetup.sty deleted file mode 100755 index 56c73f693..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutSetup.sty +++ /dev/null @@ -1,249 +0,0 @@ -\usepackage{handoutShortcuts} -\RequirePackage{wasysym -,psibycus % Greek language package, including koppa -,ushort -%,lscape % Pages in landscape mode go inside \begin{landscape}\end{landscape} % CONFLICTS WITH EPSTOPDF -} - -\newenvironment{CDCPrivate} % Environment for extra material not wanted in the public document -{\marginpar{\tiny beginCDC}}{\marginpar{\tiny endCDC}} % CDCPrivate - -\provideboolean{Web} -\setboolean{Web}{false} % reset to true if running via dvi; search for \ifdvi below - -\provideboolean{bigPrint} -\setboolean{bigPrint}{true} -\setboolean{bigPrint}{false} - -\provideboolean{wideMargins} -\setboolean{wideMargins}{true} -\setboolean{wideMargins}{false} - -\provideboolean{BigAndWide} -\setboolean{BigAndWide}{true} -\setboolean{BigAndWide}{false} - -% Options to set if being run from the shell (so autocompiled) -\opt{FromShell}{ -\setboolean{bigPrint}{false} -\setboolean{wideMargins}{false} -\setboolean{BigAndWide}{false} -} - -\opt{bigWide}{ -\setboolean{bigPrint}{true} -\setboolean{wideMargins}{true} -\setboolean{BigAndWide}{true} -\providecommand{\textSizeDefault}{\large} -\providecommand{\abstractSizeDefault}{\large} -} - -\opt{Aquamacs}{ -%\setboolean{bigPrint}{true} -%\setboolean{wideMargins}{true} -%\setboolean{BigAndWide}{true} -%\providecommand{\textSizeDefault}{\large} -%\providecommand{\abstractSizeDefault}{\large} -} - -\provideboolean{KoppaOn} -\setboolean{KoppaOn}{true} -%\setboolean{KoppaOn}{false} - -\ifthenelse{\boolean{KoppaOn}}{ -\providecommand{\koppa}{\text{\greek{k+}}} -\providecommand{\Koppa}{\text{\greek{K+}}} -\providecommand{\sampi}{\text{\greek{s+}}} -\providecommand{\cigma}{\text{\greek{c+}}} -\providecommand{\Cigma}{\text{\greek{C+}}} -}{ -\def\koppa{\mathbf{q}}\providecommand{\koppa}{$\mathbf{q}$}\providecommand{\Koppa}{$\mathbf{Q}$} -} - -% Keep the elements in the argument #1 together on the same page -\newcommand{\together}[1]{\noindent\parbox{\linewidth}{#1}} - -% html version of document must be constructed by running pdflatex in -% dvi output mode; code below creates an ifdvi construct that detects -% whether running in dvi mode and sets the options necessary to generate -% html version of document using tex4ht - -\makeatletter -\newif\ifdvi\dvitrue -\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} -\makeatother - -% dvi compilation only occurs if making the html version -\ifdvi - \setboolean{Web}{true} - \RequirePackage{tex4ht} - \RequirePackage{graphicx} - \RequirePackage[tex4ht]{hyperref} - \provideboolean{bigPrint}\setboolean{bigPrint}{true} % HTM output looks better in a larger font size - \providecommand{\wideMargins}{\null{}} % Wide margins doesn't mean anything for html documents - \newcommand{\CDCFig}[1]{\centerline{\includegraphics{#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics{#1}}} - \DeclareGraphicsExtensions{.png} - \providecommand{\textSizeDefault}{\large} - \providecommand{\titlepagefinish}{\newpage\textSizeDefault} - \providecommand{\abstractSizeDefault}{\large} - \providecommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht - \let\footnoterule\relax - \makeatletter - \renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{5mm} - \noindent \textbf{Abstract}\\ - \indent \abstractSizeDefault - }{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{3mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{handout}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - \begin{quote} - \begin{Description} - \item[\textbf{~~~~~~~~~~~~Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{handout}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{~~~~~~~~~~~~JEL codes~}] \@jelclass - \end{Description} - } - \end{quote} - \makeatother - } -\else - \RequirePackage{graphicx} - \RequirePackage{hyperref} - \hypersetup{ - pdffitwindow = false, % Don't rescale to fit size of window - pdfpagemode=UseThumbs, - pdfstartview=FitH, - pdfnewwindow = true, % Links open in new window - pdfproducer = {pdfLaTeX with hyperref} - } - \providecommand{\wideMargins}{\usepackage[twoside,marginparwidth=0in,left=0.5in,right=0.5in,top=0.5in,bottom=0.5in]{geometry}\usepackage{layouts}} - \ifthenelse{\boolean{wideMargins}}{\wideMargins}{} - \newcommand{\CDCFig}[1]{\centerline{\includegraphics[width=0.75\textwidth]{../Figures/#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics[width=7.8in,height=5.5in]{../Figures/#1}}} - \DeclareGraphicsExtensions{.pdf} - \ifthenelse{\boolean{bigPrint}}{\renewcommand{\titlepagefinish}{\newpage\large}}{} -\fi - -\newcolumntype{d}[1]{D{.}{.}{#1}} % Seems to need to come after hyperref - -\definecolor{darkblue}{rgb}{0.055,0.094,0.7} -\definecolor{darkred}{rgb}{0.6,0,0} -\hypersetup{colorlinks=true, % put a box around links - linkbordercolor = {1 0 0}, % the box will be red - pdfborder = {1 0 0}, % -% bookmarks=true, % PDF will contain an index on the RHS - urlcolor=darkred, - citecolor=darkblue, - linkcolor=darkred -} - -%% Define the title table as different from the regular table - -%\let\tabularTitle\tabular -%\let\endtabularTitle\endtabular - -%\newenvironment{tabularTitle}{\tabularTitle}{\endtabularTitle} -\newenvironment{tabularTitle}{\tabular}{\endtabular} -\providecommand{\handoutHeader}{{\tiny \noindent $^\copyright$\today, \href{https://www.econ2.jhu.edu/people/ccarroll/}{Christopher D. Carroll} \hfill \href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes}{\jobname}}\medskip\medskip -\ifthenelse{\boolean{bigPrint}}{\large}{} -\ifthenelse{\boolean{BigAndWide}}{\large}{} -\opt{Web}{\large} -\opt{bigWide}{\large} -} - -\providecommand{\SolvingMicroDSOPs}{\href{https://www.econ2.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}{SolvingMicroDSOPs}} - -\newcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Consumption/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutF}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1.pdf}{\texttt{#1}}} -\newcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList.pdf}{\texttt{MathFacts}}} -\newcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{#1}}} -\newcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation.pdf}{\texttt{Aggregation}}} - - -% If doing a web version, renewcommands link to the html versions of handouts -\ifdvi -\renewcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/#1}{\texttt{#1}}} -\renewcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1}{\texttt{#1}}} -\renewcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1}{\texttt{#1}}} -\renewcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1}{\texttt{#1}}} -\renewcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFactsList/#1}{\texttt{#1}}} -\fi -\renewcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{MathFacts}}} -\renewcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation/}{\texttt{Aggregation}}} - -\providecommand{\handoutNameMake}{\centerline{\LARGE \input \jobname.title}\vspace{.15in}} -% Generic starting text for MathFactsList generated file -\message{Including MathFactsList.defs} -\providecommand{\CRRALim}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#CRRALim}{\ensuremath{\mathtt{[CRRALim]}}}} -\providecommand{\ELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNorm}{\ensuremath{\mathtt{[ELogNorm]}}}} -\providecommand{\ELogNormMeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormMeanOne}{\ensuremath{\mathtt{[ELogNormMeanOne]}}}} -\providecommand{\ELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormTimes}{\ensuremath{\mathtt{[ELogNormTimes]}}}} -\providecommand{\EulersTheorem}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#EulersTheorem}{\ensuremath{\mathtt{[EulersTheorem]}}}} -\providecommand{\ExpEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpEps}{\ensuremath{\mathtt{[ExpEps]}}}} -\providecommand{\ExpPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpPlus}{\ensuremath{\mathtt{[ExpPlus]}}}} -\providecommand{\FinSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSum}{\ensuremath{\mathtt{[FinSum]}}}} -\providecommand{\FinSumMult}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSumMult}{\ensuremath{\mathtt{[FinSumMult]}}}} -\providecommand{\InfSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSum}{\ensuremath{\mathtt{[InfSum]}}}} -\providecommand{\InfSumMult}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSumMult}{\ensuremath{\mathtt{[InfSumMult]}}}} -\providecommand{\LogELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNorm}{\ensuremath{\mathtt{[LogELogNorm]}}}} -\providecommand{\LogELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNormTimes}{\ensuremath{\mathtt{[LogELogNormTimes]}}}} -\providecommand{\LogEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogEps}{\ensuremath{\mathtt{[LogEps]}}}} -\providecommand{\LogMeanMPS}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogMeanMPS}{\ensuremath{\mathtt{[LogMeanMPS]}}}} -\providecommand{\MeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MeanOne}{\ensuremath{\mathtt{[MeanOne]}}}} -\providecommand{\MultPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MultPlus}{\ensuremath{\mathtt{[MultPlus]}}}} -\providecommand{\NormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#NormTimes}{\ensuremath{\mathtt{[NormTimes]}}}} -\providecommand{\OverPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#OverPlus}{\ensuremath{\mathtt{[OverPlus]}}}} -\providecommand{\SmallSmallZero}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SmallSmallZero}{\ensuremath{\mathtt{[SmallSmallZero]}}}} -\providecommand{\SumNormsIsNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SumNormsIsNorm}{\ensuremath{\mathtt{[SumNormsIsNorm]}}}} -\providecommand{\TaylorOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorOne}{\ensuremath{\mathtt{[TaylorOne]}}}} -\providecommand{\TaylorTwo}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorTwo}{\ensuremath{\mathtt{[TaylorTwo]}}}} -\RequirePackage{ifthen} - -\provideboolean{AnswersTF}\setboolean{AnswersTF}{false} % Default is no answers; run with \UseOption{Answers} from shell to generate answers - - -\provideboolean{ExamQ} -\setboolean{ExamQ}{false} -\newcommand{\ifExamQuestion}{\ifthenelse{\boolean{ExamQ}}} - -\provideboolean{SpaceBetweenAnswers} -\setboolean{SpaceBetweenAnswers}{true} -\providecommand{\AnswerOrBlankSpace}{\ifthenelse{\boolean{SpaceBetweenAnswers}}} - -\opt{Answers}{\provideboolean{AnswersTF}\setboolean{AnswersTF}{true}} - -\newcommand{\ifAnswers}{\ifthenelse{\boolean{AnswersTF}}} -\newcommand{\answer}[2]{\ifthenelse{\boolean{AnswersTF}}{ - -{\it Answer:} -\begin{quote} -#1 -\end{quote} -} -{#2}} - - - - - -\expandafter\let\csname NR:Type\endcsname\relax diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutShortcuts.sty b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutShortcuts.sty deleted file mode 100755 index 214238be7..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/handoutShortcuts.sty +++ /dev/null @@ -1,663 +0,0 @@ -% Generated originally from CDCShortcuts.sty -\providecommand{\aAgg}{\ensuremath{\mathsf{A}}} -\providecommand{\aboveMin}{\blacktriangle} -\providecommand{\adjPar}{\ensuremath{\omega}} -\providecommand{\adj}{\ensuremath{\mathrm{j}}} -\providecommand{\aE}{\aRat^{e}} -\providecommand{\aFunc}{\ensuremath{\mathrm{a}}} -\providecommand{\Age}{\ensuremath{Z}} -\providecommand{\age}{\ensuremath{z}} -\providecommand{\ALevBF}{\ensuremath{\mathbf{A}}} -\providecommand{\aLevBF}{\ensuremath{\mathbf{a}}} -\providecommand{\ALev}{\ensuremath{A}} -\providecommand{\aLev}{\ensuremath{a}} -\providecommand{\Alive}{\ensuremath{\aleph}} -\providecommand{\Alt}{\grave} -\providecommand{\aMin}{\ensuremath{\underline{\aRat}}} -\providecommand{\ARat}{\ensuremath{A}} -\providecommand{\aRat}{\ensuremath{a}} -\providecommand{\ASS}{\ensuremath{\ensuremath{A}}} -\providecommand{\aSS}{\ensuremath{\ensuremath{a}}} -\providecommand{\ATarg}{\ensuremath{\check{A}}} -\providecommand{\aTarg}{\ensuremath{\check{a}}} -\providecommand{\BE}{\BRat^{e}} -\providecommand{\bE}{\bRat^{e}} -\providecommand{\BLevBF}{\ensuremath{\mathbf{B}}} -\providecommand{\bLevBF}{\ensuremath{\mathbf{b}}} -\providecommand{\BLevE}{\ensuremath{\BLev^{e}}} -\providecommand{\bLevE}{\ensuremath{\bLev^{e}}} -\providecommand{\BLevU}{\ensuremath{\BLev^{u}}} -\providecommand{\bLevU}{\ensuremath{\bLev^{u}}} -\providecommand{\BLev}{\ensuremath{B}} -\providecommand{\bLev}{\ensuremath{b}} -\providecommand{\bMin}{\ensuremath{\underline{\bRat}}} -\providecommand{\bRatE}{\ensuremath{b}^{e}} -\providecommand{\BRatE}{\ensuremath{B}^{e}} -\providecommand{\bRatU}{\ensuremath{b}^{u}} -\providecommand{\BRat}{\ensuremath{B}} -\providecommand{\bRat}{\ensuremath{b}} -\providecommand{\bTargE}{\ensuremath{\check{b}^{e}}} -\providecommand{\BTargTarg}{\Target{\Target{\BRat}}} -\providecommand{\bTargTarg}{\Target{\Target{\bRat}}} -\providecommand{\BTarg}{\ensuremath{\check{B}}} -\providecommand{\bTarg}{\ensuremath{\check{b}}} -\providecommand{\BU}{{B}^{u}} -\providecommand{\bU}{{b}^{u}} -\providecommand{\cAgg}{\ensuremath{\pmb{C}}} -\providecommand{\CARA}{\ensuremath{\alpha}} -\providecommand{\ccRat}{\ensuremath{\mathsf{c}}} -\providecommand{\CDF}{\ensuremath{\mathcal{F}}} -\providecommand{\CEndFunc}{\ensuremath{\mathfrak{C}}} -\providecommand{\cEndFunc}{\ensuremath{\mathfrak{c}}} -\providecommand{\cEss}{{c}^{e}} -\providecommand{\CE}{\CRat^{e}} -\providecommand{\cE}{\cRat^{e}} -\providecommand{\cFuncAbove}{\ensuremath{\bar{\mathrm{c}}}} -\providecommand{\cFuncBelow}{\ensuremath{\uline{\mathrm{c}}}} -\providecommand{\cFuncMax}{\ensuremath{\bar{\bar{\mathrm{c}}}}} -\providecommand{\CFunc}{\ensuremath{\mathrm{C}}} -\providecommand{\cFunc}{\ensuremath{\mathrm{c}}} -\providecommand{\cFunc}{\ensuremath{\mathrm{c}}} -\providecommand{\CGroOverG}{\ensuremath{\Upsilon}} -\providecommand{\CGroOverR}{\ensuremath{\Phi}} -\providecommand{\CGroPF}{\ensuremath{\Lambda}} -\providecommand{\cGroPF}{\ensuremath{\lambda}} -\providecommand{\CGroPS}{\ensuremath{\chi}} % Precautionary Saving boost to consumption growth -\providecommand{\chiFunc}{\pmb{\chi}} -\providecommand{\Chi}{\ensuremath{\mathrm{X}}} % capital chi is sometimes useful, and not native to LaTeX -\providecommand{\CLevBF}{\ensuremath{\mathbf{C}}} -\providecommand{\cLevBF}{\ensuremath{\mathbf{c}}} -\providecommand{\CLevE}{\CLev^{e}} -\providecommand{\cLevE}{\cLev^{e}} -\providecommand{\cLevFunc}{\ensuremath{\pmb{\cFunc}}} -\providecommand{\CLevU}{\CLev^{u}} -\providecommand{\cLevU}{\cLev^{u}} -\providecommand{\cLev}{\ensuremath{c}} -\providecommand{\CLev}{\ensuremath{C}} -\providecommand{\Cons}{\ensuremath{C}} -\providecommand{\cons}{\ensuremath{c}} -\providecommand{\corr}{\varrho} -\providecommand{\cPDVFunc}{\ensuremath{\mathbb{C}}} -\providecommand{\CPDV}{\ensuremath{\text{PDV($C$)}}} -\providecommand{\cPPP}{\cons^{\prime\prime\prime}} -\providecommand{\cPP}{\cons^{\prime\prime}} -\providecommand{\cP}{\cons^{\prime}} -\providecommand{\cRatBF}{\ensuremath{\pmb{c}}} -\providecommand{\CRatE}{\CRat^{e}} -\providecommand{\cRatE}{\cRat^{e}} -\providecommand{\CRatU}{\CRat^{u}} -\providecommand{\cRatU}{\cRat^{u}} -\providecommand{\CRat}{\ensuremath{C}} -\providecommand{\cRat}{\ensuremath{c}} -\providecommand{\CRRA}{\ensuremath{\rho}} -\providecommand{\CTargE}{\CTarg^{\null}} -\providecommand{\cTargE}{\ensuremath{\Target{c}^{e}}} -\providecommand{\cTargTarg}{\Target{\Target{\cRat}}} -\providecommand{\CTarg}{\ensuremath{\Target{C}}} -\providecommand{\cTarg}{\ensuremath{\Target{c}}} -\providecommand{\curr}{1} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\Curr}{t} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\CU}{\CRat^{u}} -\providecommand{\cU}{\cRat^{u}} -\providecommand{\dRat}{\ensuremath{d}} -\providecommand{\debtLim}{\mathsf{d}} -\providecommand{\Debt}{\ensuremath{D}} -\providecommand{\debt}{\ensuremath{d}} -\providecommand{\DeprFac}{\ensuremath{\daleth}} -\providecommand{\Depr}{\ensuremath{\daleth}} -\providecommand{\depr}{\ensuremath{\delta}} -\providecommand{\deprRte}{\ensuremath{\delta}} % New -\providecommand{\DiscAltuAdj}{\ensuremath{\underline{\underline{\beth}}}} -\providecommand{\DiscAlt}{\ensuremath{\beth}} -\providecommand{\Discount}{\ensuremath{\beta}} -\providecommand{\DiscRate}{\ensuremath{\vartheta}} -\providecommand{\DiscRte}{\ensuremath{\vartheta}} % New -\providecommand{\discRte}{\ensuremath{\vartheta}} % New -\providecommand{\DiscFac}{\ensuremath{\beta}} % New -\providecommand{\DivGro}{\ensuremath{\mathrm{G}}} -\providecommand{\divGro}{\ensuremath{\mathsf{g}}} -\providecommand{\Div}{\ensuremath{D}} -% \providecommand{\div}{\ensuremath{d}} reserved for divide -\providecommand{\DLev}{\ensuremath{D}} -\providecommand{\Dvdnd}{\ensuremath{\mathbf{D}}} -\providecommand{\dvdnd}{\ensuremath{d}} -\providecommand{\edvdnd}{\grave{\dvdnd}} -\providecommand{\EEndMap}{\ensuremath{\mathsf{E}}} -\providecommand{\effUnits}{\ensuremath{X}} -\providecommand{\eFunc}{\ensuremath{\mathrm{e}}} -\providecommand{\ELev}{\ensuremath{E}} -\providecommand{\ek}{\ensuremath{\lambda}} -\providecommand{\EmpGro}{\ensuremath{\Xi}} -\providecommand{\empGro}{\ensuremath{\xi}} -\providecommand{\empState}{\xi} % employment state indicator variable -\providecommand{\EpremLog}{\varphi} % Not using regular \eprem because want to distinguish between \varphi = log E_{t}[\Phi_{t+1}] and \phi_{t} = E[\log \Phi_{t}] -\providecommand{\EPrem}{\Phi} % equity premium -\providecommand{\eprem}{\phi} % log equity premium -\providecommand{\EpShkInv}{\Ex[\pShk^{-1}]} -\providecommand{\erate}{\ensuremath{\cancel{\mho}}} -\providecommand{\error}{\ensuremath{\epsilon}} -\providecommand{\Err}{\ensuremath{Z}} -\providecommand{\err}{\ensuremath{z}} -\providecommand{\err}{\ensuremath{z}} -\providecommand{\Estdr}{\ensuremath{\sigma_{\risky}}} % Standard deviation of log return on risky asset -\providecommand{\Evarr}{\ensuremath{\sigma_{\risky}^{2}}} % Variance of log return on risky asset -\providecommand{\EVarr}{\sigma_{\Risky}^{2}} % Variance of level return on risky asset (when returns norm dist) -\providecommand{\expend}{\ensuremath{\xi}} -%\providecommand{\Ex}{\ensuremath{\mathbb{E}}} % Expectations operator defined in econtex.cls -\providecommand{\FDist}{\ensuremath{\mathcal{F}}} -\providecommand{\fDist}{\ensuremath{\mathcal{f}}} -\providecommand{\FFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\fFunc}{\ensuremath{\mathrm{f}}} -\providecommand{\FLev}{\ensuremath{F}} -\providecommand{\fLev}{\ensuremath{f}} -\providecommand{\fPP}{\ensuremath{\mathrm{f}^{\prime\prime}}} -\providecommand{\FPP}{\ensuremath{\mathrm{F}^{\prime\prime}}} -\providecommand{\fP}{\ensuremath{\mathrm{f}^{\prime}}} -\providecommand{\FP}{\ensuremath{\mathrm{F}^{\prime}}} -\providecommand{\GLev}{\ensuremath{G}} -\providecommand{\GovNW}{\ensuremath{N}} -\providecommand{\govNW}{\ensuremath{n}} -\providecommand{\GovSpend}{\ensuremath{X}} -\providecommand{\govSpend}{\ensuremath{x}} -\providecommand{\Habit}{\ensuremath{H}} -\providecommand{\Habit}{\ensuremath{H}} -\providecommand{\habit}{\ensuremath{h}} -\providecommand{\Ham}{\ensuremath{\mathcal{H}}} % Hamiltonian -\providecommand{\HARKcore}{\texttt{HARKcore}} -\providecommand{\hEndMin}{\ensuremath{\underline{\mathfrak{h}}}} -\providecommand{\hEnd}{\ensuremath{\mathfrak{h}}} -\providecommand{\hFunc}{\ensuremath{\mathrm{h}}} -\providecommand{\Hi}{\hat} -\providecommand{\HLevBF}{\ensuremath{\mathbf{H}}} -\providecommand{\hLevBF}{\ensuremath{\mathbf{h}}} -\providecommand{\HLev}{\ensuremath{\pmb{H}}} -\providecommand{\hLev}{\ensuremath{\pmb{h}}} -\providecommand{\hMin}{\ensuremath{\underline{\h}}} -\providecommand{\HMin}{\ensuremath{\underline{H}}} -\providecommand{\hours}{\ensuremath{\mathfrak{h}}} -\providecommand{\Hours}{\ensuremath{\mathfrak{H}}} -\providecommand{\HRat}{\ensuremath{H}} -\providecommand{\hRat}{\ensuremath{h}} -\providecommand{\h}{\ensuremath{h}} -%\providecommand{\H}{\ensuremath{H}} -\providecommand{\iFunc}{\ensuremath{\mathrm{i}}} -\providecommand{\IFunc}{\ensuremath{\mathrm{I}}} -\providecommand{\ILev}{\ensuremath{I}} -\providecommand{\iLev}{\ensuremath{i}} -\providecommand{\impg}{{\imath}_{\pGro}} -\providecommand{\ImpG}{{\Im}_{\PGro}} -\providecommand{\impr}{{\imath}_{\rfree}} -\providecommand{\ImpR}{{\Im}_{\Rfree}} -\providecommand{\Inc}{{Y}} -\providecommand{\inc}{{y}} -\providecommand{\InvEpShkInv}{\underline{\psi}} -\providecommand{\Inv}{{I}} -\providecommand{\inv}{{i}} -\providecommand{\IRat}{\ensuremath{I}} -\providecommand{\iRat}{\ensuremath{i}} -\providecommand{\itc}{\ensuremath{\zeta}} -\providecommand{\jFunc}{\ensuremath{\mathrm{j}}} -\providecommand{\JLev}{\ensuremath{J}} -\providecommand{\kapRent}{\ensuremath{\varkappa}} -\providecommand{\kapShare}{\ensuremath{\alpha}} -\providecommand{\Kap}{{K}} -\providecommand{\kap}{{k}} -\providecommand{\KFunc}{\ensuremath{\mathrm{K}}} -\providecommand{\kFunc}{\ensuremath{\mathrm{k}}} -\providecommand{\KLevBF}{\ensuremath{\mathbf{K}}} -\providecommand{\kLevBF}{\ensuremath{\mathbf{k}}} -\providecommand{\KLev}{\ensuremath{K}} -\providecommand{\kLev}{\ensuremath{k}} -\providecommand{\kPriceAfterITC}{\ensuremath{\mathscr{P}}} -\providecommand{\kPrice}{\ensuremath{\mathsf{P}}} -\providecommand{\KRat}{\ensuremath{K}} -\providecommand{\kRat}{\ensuremath{k}} -\providecommand{\kTargE}{\ensuremath{\Target{k}^{e}}} -\providecommand{\kTarg}{\ensuremath{\Target{k}}} -\providecommand{\labor}{\ensuremath{\ell}} % -\providecommand{\Labor}{\ensuremath{L}} -\providecommand{\labShare}{\ensuremath{\nu}} -\providecommand{\Leisure}{Z} % -\providecommand{\leisure}{z} % -\providecommand{\leiShare}{\ensuremath{\zeta}} % -\providecommand{\LGro}{\ensuremath{\Lambda}} -\providecommand{\lGro}{\ensuremath{\lambda}} -\providecommand{\LLevBF}{\ensuremath{\mathbf{L}}} -\providecommand{\lLevBF}{\ensuremath{\pmb{\ell}}} -\providecommand{\lLev}{\ensuremath{\ell}} -\providecommand{\LLev}{\ensuremath{L}} -\providecommand{\Lo}{\check} -\providecommand{\LRat}{\ensuremath{L}} -\providecommand{\MaxMaxMPC}{\ensuremath{\bar{\bar{\kappa}}}} -\providecommand{\MaxMinMPC}{\ensuremath{\hat{\underline{\kappa}}}} -\providecommand{\MaxMPC}{\ensuremath{\bar{\kappa}}} -\providecommand{\MaxMPS}{\ensuremath{\PatR}} -\providecommand{\Mean}{\ensuremath{\mathbb{M}}} % Mean -\providecommand{\mEss}{\check{m}^{e}} -\providecommand{\ME}{\MRat^{e}} -\providecommand{\mE}{\mRat^{e}} -\providecommand{\mFunc}{\ensuremath{\mathrm{m}}} -\providecommand{\MinMinMPC}{\ensuremath{\underline{\kappa}}} -\providecommand{\MinMPC}{\ensuremath{\uline{\kappa}}} -\providecommand{\MinMPS}{\ensuremath{\pZero^{1/\CRRA} \PatR}} -\providecommand{\MLevBF}{\ensuremath{\mathbf{M}}} -\providecommand{\mLevBF}{\ensuremath{\mathbf{m}}} -\providecommand{\mLevBF}{\ensuremath{\mathbf{m}}} -\providecommand{\mLevE}{\mLev^{e}} -\providecommand{\MLev}{\ensuremath{M}} -\providecommand{\mLev}{\ensuremath{m}} -\providecommand{\MPCE}{\MPC^{e}} -\providecommand{\MPCFunc}{\ensuremath{\pmb{\kappa}}} -\providecommand{\MPCPPF}{\ensuremath{\Pi}} -\providecommand{\MPCP}{\ensuremath{\pi}} -\providecommand{\MPCU}{\MPC^{u}} -\providecommand{\MPC}{\ensuremath{\kappa}} -\providecommand{\MPSFunc}{\ensuremath{\pmb{lambda}}} -\providecommand{\MPS}{\ensuremath{\lambda}} -\providecommand{\MRatE}{\MRat^{e}} -\providecommand{\mRatE}{\mRat^{e}} -\providecommand{\MRat}{\ensuremath{M}} -\providecommand{\mRat}{\ensuremath{m}} -\providecommand{\MSS}{\ensuremath{\breve{M}}} -\providecommand{\mSS}{\ensuremath{\breve{m}}} -\providecommand{\mTarg}{\check{m}} -\providecommand{\MU}{{M}^{u}} -\providecommand{\mU}{{m}^{u}} -%\providecommand{\m}{\ensuremath{m}} -%\providecommand{\M}{\ensuremath{M}} -%\providecommand{\next}{2} % via search-and-replace -\providecommand{\Next}{t+1} % -\providecommand{\nFunc}{\ensuremath{\mathrm{n}}} -\providecommand{\NLev}{\ensuremath{N}} -\providecommand{\nLev}{\ensuremath{n}} -\providecommand{\NRat}{\ensuremath{N}} -\providecommand{\nRat}{\ensuremath{n}} -\providecommand{\Num}{\ensuremath{N}} -\providecommand{\nIter}{\ensuremath{n}} -\providecommand{\OLevBF}{\ensuremath{\mathbf{O}}} -\providecommand{\oLevBF}{\ensuremath{\mathbf{o}}} -\providecommand{\OLev}{\ensuremath{O}} -\providecommand{\oLev}{\ensuremath{\pmb{o}}} -\providecommand{\ORat}{\ensuremath{O}} -\providecommand{\oRat}{\ensuremath{o}} -\providecommand{\Pareto}{\zeta} -\providecommand{\PatPGroAdj}{\text{\pmb{\Thorn}}_{\underline{\PGro}}} -\providecommand{\patpGroAdj}{\text{\thorn}_{\underline{\pGro}}} -\providecommand{\patpGrohat}{\hat{\text{\thorn}}_{\pGro}} -\providecommand{\PatPGro}{\text{\pmb{\Thorn}}_{\PGro}} -\providecommand{\patpGro}{\text{\thorn}_{\pGro}} -\providecommand{\PatR}{\text{\pmb{\Thorn}}_{\Rfree}} -\providecommand{\patr}{\text{\thorn}_{\rfree}} -\providecommand{\PatU}{\text{\pmb{\Thorn}}_{\urate}} -\providecommand{\patu}{\text{\thorn}_{\urate}} -\providecommand{\PatWGro}{\text{\pmb{\Thorn}}_{\WGro}} -\providecommand{\patwGro}{\text{\thorn}_{\wGro}} -\providecommand{\Pat}{\text{\pmb{\Thorn}}} -\providecommand{\pat}{\text{\thorn}} -\providecommand{\pDeadRate}{\ensuremath{\grave{\cancel{\mathsf{d}}}}} -\providecommand{\pDead}{\ensuremath{\mathfrak{D}}} -\providecommand{\pDieRate}{\ensuremath{\grave{\mathsf{d}}}} -\providecommand{\pDies}{\ensuremath{\mathsf{d}}} % Continuous time death rate -\providecommand{\PDies}{\ensuremath{\mathsf{D}}} % Discrete-time one-period death rate -\providecommand{\diePrb}{\ensuremath{\mathsf{d}}} % Continuous time death rate -\providecommand{\DiePrb}{\ensuremath{\mathsf{D}}} % Discrete-time one-period death rate -\providecommand{\PDV}{\ensuremath{\mathbb{P}}} % PDV -\providecommand{\PGroAdj}{\ensuremath{\underline{\PGro}}} -\providecommand{\pGroAdj}{\ensuremath{\underline{\pGro}}} -\providecommand{\PGrouAdj}{\ensuremath{\underline{\underline{\PGro}}}} -\providecommand{\pGrouAdj}{\ensuremath{\underline{\underline{{\pGro}}}}} -\providecommand{\PGro}{\ensuremath{\Gamma}} -\providecommand{\pGro}{\ensuremath{\gamma}} -\providecommand{\permGroFac}{\ensuremath{\Gamma}} % Econ-ARK -\providecommand{\permGroRte}{\ensuremath{\gamma}} % Econ-ARK -\providecommand{\phiFunc}{\ensuremath{\digamma}} -\providecommand{\PIHMPC}{\ensuremath{\varkappa}} -\providecommand{\PInc}{\ensuremath{P}} -\providecommand{\PLabor}{\ensuremath{P}} % Permanent labor income in levels -\providecommand{\Plabor}{P} % Permanent labor income in levels -\providecommand{\PLevBF}{\ensuremath{\mathbf{P}}} -\providecommand{\pLevBF}{\ensuremath{\mathbf{p}}} -\providecommand{\PLev}{\ensuremath{P}} -\providecommand{\pLog}{\ensuremath{p}} -\providecommand{\pLev}{\ensuremath{\pmb{p}}} -\providecommand{\PLev}{\ensuremath{P}} -\providecommand{\LivPrb}{\ensuremath{\cancel{\DiePrb}}} -\providecommand{\livPrb}{\ensuremath{\cancel{\diePrb}}} -\providecommand{\PLives}{\ensuremath{\cancel{\PDies}}} -\providecommand{\pLives}{\ensuremath{\cancel{\pDies}}} -%\providecommand{\pNotZero}{\ensuremath{\cancel{\wp}}} -\providecommand{\pNotZero}{(1-\pZero)} -\providecommand{\PopE}{\mathcal{E}} -\providecommand{\popE}{e} -\providecommand{\PopGro}{\ensuremath{\Xi}} -\providecommand{\popGro}{\ensuremath{\xi}} -\providecommand{\PopLev}{\ensuremath{\pmb{N}}} -\providecommand{\PopU}{\mathcal{U}} -\providecommand{\Pop}{\ensuremath{L}} -\providecommand{\PostITC}{\ensuremath{\cancel{\zeta}}} -\providecommand{\power}{\ensuremath{\eta}} -\providecommand{\pPDVFunc}{\ensuremath{\mathbb{P}}} -\providecommand{\PPDV}{\ensuremath{\text{PDV($P$)}}} -\providecommand{\pRat}{\ensuremath{p}} -\providecommand{\Price}{\ensuremath{\mathsf{P}}} -\providecommand{\ProdFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\ProdFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\prodFunc}{\ensuremath{\mathrm{f}}} -\providecommand{\prudEx}{\ensuremath{\omega}} -\providecommand{\prud}{\ensuremath{\eta}} -\providecommand{\pSav}{\ensuremath{\phi}} -\providecommand{\pShkMin}{\underline{\psi}} % -\providecommand{\PShk}{\Psi} % -\providecommand{\PermShkAgg}{\Psi} % New -\providecommand{\PermShk}{\Psi} % New -\providecommand{\permShk}{\psi} % New -\providecommand{\pShk}{\psi} % -\providecommand{\permShkInd}{\psi} % New -\providecommand{\pshk}{\psi} % -\providecommand{\PtyGro}{\ensuremath{\Phi}} -\providecommand{\ptyGro}{\ensuremath{\phi}} -\providecommand{\PtyLab}{\ensuremath{\mathrm{Z}}} % Labor productivity -\providecommand{\ptyLab}{\ensuremath{z}} % usually, log of \PtyLab -\providecommand{\PtyLev}{\ensuremath{A}} % Multiplies overall production function -\providecommand{\ptyLev}{\ensuremath{a}} % Usually, log of \PtyLev -\providecommand{\pZero}{\ensuremath{\wp}} -\providecommand{\QLev}{\ensuremath{Q}} -\providecommand{\q}{\ensuremath{\koppa}} -\providecommand{\RCpnd}{\ensuremath{\mathbf{R}}} -\providecommand{\RevFunc}{\ensuremath{\pmb{\Pi}}} -\providecommand{\revFunc}{\ensuremath{\pmb{\pi}}} -\providecommand{\Rev}{\ensuremath{\Pi}} -\providecommand{\rev}{\ensuremath{\pi}} -\providecommand{\rfree}{\ensuremath{\mathsf{r}}} % The net return on the safe asset at an annual rate -\providecommand{\Rfree}{\ensuremath{\mathsf{R}}} % The return factor on the safe asset - unfortunately mathfrak fonts don't come through for tth -\providecommand{\RFunc}{\ensuremath{\mathrm{R}}} -\providecommand{\RGross}{\ensuremath{\breve{\mathsf{R}}}} -\providecommand{\rGross}{\ensuremath{\breve{\mathsf{r}}}} -%\providecommand{\RiskyAlt}{\ensuremath{\acute{\mathbf{R}}}} % The return on the risky asset -\providecommand{\RiskyAlt}{\ensuremath{\pmb{\mathfrak{R}}}} % The return on the risky asset -% \providecommand{\riskyAlt}{\ensuremath{\acute{\mathbf{r}}}} % The net return on the risky asset annual rate -\providecommand{\riskyAlt}{\ensuremath{\pmb{\mathfrak{r}}}} % The net return on the risky asset annual rate -\providecommand{\riskyshare}{\ensuremath{\varsigma}} -\providecommand{\Risky}{\ensuremath{\mathbf{R}}} % The return on the risky asset -\providecommand{\risky}{\ensuremath{\mathbf{r}}} % The net return on the risky asset annual rate -\providecommand{\RLev}{\ensuremath{R}} % Rate of return (but better to use \Rfree or \Risky or something else more specific -\providecommand{\RnormWGro}{\ensuremath{\mathcal{R}_{\WGro}}} % Normalized version of riskless return factor -\providecommand{\rnormwGro}{\ensuremath{\mathit{r}_{\wGro}}} % Normalized version of riskless rate of return -\providecommand{\Rnorm}{\ensuremath{\mathcal{R}}} % Normalized version of riskless return factor -\providecommand{\rnorm}{\ensuremath{\mathit{r}}} % Normalized version of riskless rate of return -\providecommand{\Rport}{\ensuremath{\mathbbmss{R}}} % Portfolio -weighted return -\providecommand{\rport}{\ensuremath{\mathbbmss{r}}} -\providecommand{\Rprod}{\ensuremath{\mathscr{R}}} -\providecommand{\rprod}{\ensuremath{\mathscr{r}}} -\providecommand{\rProd}{\ensuremath{\mathsf{r}}} -\providecommand{\RProd}{\ensuremath{\mathsf{R}}} -\providecommand{\RSave}{\ensuremath{\underline{\Rfree}}} -\providecommand{\rsave}{\ensuremath{\underline{\rfree}}} -\providecommand{\RBoro}{\ensuremath{\bar{\Rfree}}} -\providecommand{\rboro}{\ensuremath{\bar{\rfree}}} -%\providecommand{\R}{\Rfree} -\providecommand{\saveRate}{\grave{s}} % saving (income minus consumption) over income -\providecommand{\Save}{S} % Saving (income minus consumption) -\providecommand{\save}{s} % saving (income minus consumption) -\providecommand{\SDF}{\MLev} % Stochastic Discount Factor -\providecommand{\sdr}{\mRat} % Stochastic Discount rate -\providecommand{\Seniority}{\ensuremath{\mathsf{X}}} -\providecommand{\seniority}{\ensuremath{\mathsf{x}}} -\providecommand{\SeverancePayment}{\ensuremath{\mathcal{S}}} -\providecommand{\SeveranceRatio}{\ensuremath{\varsigma}} -%\providecommand{\Severance}{\ensuremath{\varsigma}} -\providecommand{\Severance}{\kappa} -\providecommand{\SE}{\SRat^{e}} -\providecommand{\sE}{\sRat^{e}} -\providecommand{\sFunc}{\ensuremath{\mathrm{s}}} -\providecommand{\shk}{\phi} -\providecommand{\Shk}{\Phi} -\providecommand{\ShkLogZeroLogStd}{\sigma_{\cancel{\ShkMeanOneLog}}} % Std of that shock -\providecommand{\ShkLogZeroLogVar}{\sigma_{\cancel{\ShkMeanOneLog}}^{2}} % Variance of that shock -\providecommand{\ShkLogZeroLog}{\cancel{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkLogZero}{\cancel{\ShkMeanOne}} % A shock whose expectation in logs is zero; cancellation of the nonzero mean for the mean one shock -\providecommand{\ShkMeanOneLogStd}{\sigma_{\ShkMeanOneLog}} % Std of that shock -\providecommand{\ShkMeanOneLogVar}{\sigma^{2}_{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkMeanOneLog}{\theta} % Log of that shock -\providecommand{\ShkMeanOne}{\Theta} % A shock whose expectation in levels is always equal to one regardless of variance -\providecommand{\SLevBF}{\mathbf{S}} -\providecommand{\sLevBF}{\mathbf{s}} -\providecommand{\SLevE}{\SLev^{e}} -\providecommand{\sLevE}{\sLev^{e}} -\providecommand{\SLevU}{\SLev^{u}} -\providecommand{\sLevU}{\sLev^{u}} -\providecommand{\SLev}{\ensuremath{S}} -\providecommand{\sLev}{\ensuremath{s}} -\providecommand{\srate}{\ensuremath{\varsigma}} -\providecommand{\SRatE}{\SRat^{e}} -\providecommand{\sRatE}{\sRat^{e}} -\providecommand{\SRatU}{\SRat^{u}} -\providecommand{\sRatU}{\sRat^{u}} -\providecommand{\SRat}{\ensuremath{S}} -\providecommand{\sRat}{\ensuremath{s}} -\providecommand{\STargE}{\Target{\SRat}^{\null}} -\providecommand{\sTargE}{\Target{\sRat}^{\null}} -\providecommand{\STargTarg}{\Target{\Target{\SRat}}} -\providecommand{\sTargTarg}{\Target{\Target{\sRat}}} -\providecommand{\STarg}{\Target{\SRat}} -\providecommand{\sTarg}{\Target{\sRat}} -\providecommand{\Steady}{\bar} -\providecommand{\Stocks}{{S}} -\providecommand{\stocks}{{s}} -\providecommand{\straight}{\Pi} -\providecommand{\Surplus}{\ensuremath{Z}} -\providecommand{\surplus}{\ensuremath{z}} -\providecommand{\SU}{\SRat^{u}} -\providecommand{\sU}{\sRat^{u}} -\providecommand{\Target}{\check} -\providecommand{\TaxCombInv}{\ensuremath{\mathcal{T}^{-1}}} -\providecommand{\TaxComb}{\ensuremath{\mathcal{T}}} -\providecommand{\TaxCorp}{\ensuremath{\Large \tau}} -\providecommand{\taxCorp}{\ensuremath{\tau}} -\providecommand{\taxDep}{\ensuremath{\partial}} -\providecommand{\TaxFree}{\ensuremath{\cancel{\Tax}}} -\providecommand{\TaxLev}{T} -\providecommand{\TaxNetTrans}{\ensuremath{Z}} -\providecommand{\taxNetTrans}{\ensuremath{z}} -\providecommand{\TaxPaid}{\ensuremath{T}} -\providecommand{\TaxRate}{\ensuremath{t}} -\providecommand{\TaxUI}{\ensuremath{\tau}} -\providecommand{\Tax}{\ensuremath{\tau}} -\providecommand{\tax}{\tau} -\providecommand{\tBak}{\ensuremath{\pmb{n}}} -\providecommand{\TEatBak}{\ensuremath{\mathtt{q}}} -\providecommand{\TEat}{\ensuremath{\TEnd}} -\providecommand{\TEndBak}{\ensuremath{\mathsf{p}}} -\providecommand{\TEnd}{\ensuremath{T}} -\providecommand{\TermTime}{\ensuremath{T}} -\providecommand{\tFwd}{\ensuremath{n}} -\providecommand{\tHorOfm}{\ensuremath{\pmb{n}}} -\providecommand{\tHor}{\ensuremath{\mathsf{n}}} -\providecommand{\timeRate}{\ensuremath{\vartheta}} -\providecommand{\tinyAmount}{\ensuremath{\epsilon}} -\providecommand{\TLev}{\ensuremath{T}} -\providecommand{\TMap}{\mathscr{T}} -\providecommand{\tNow}{\ensuremath{t}} -\providecommand{\tShkAll}{\xi} % -\providecommand{\tShkEmpMin}{\underline{\theta}} % -\providecommand{\TShkEmp}{\Theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tranShkInd}{\theta} % New -\providecommand{\TranShkAgg}{\Theta} % New -\providecommand{\TShk}{\Xi} % -\providecommand{\tShk}{\xi} % -\providecommand{\tshk}{\xi} % -\providecommand{\tSS}{\ensuremath{t}} -\providecommand{\tThen}{\ensuremath{\tau}} -\providecommand{\uFunc}{{\ensuremath{\mathrm{u}}}} -\providecommand{\uInvEpShkuInv}{\underline{\underline{\psi}}} -\providecommand{\ULev}{\ensuremath{U}} -\providecommand{\uLev}{\ensuremath{u}} -\providecommand{\unins}{\ensuremath{\zeta}} -\providecommand{\uPDVFunc}{\ensuremath{\mathbb{U}}} -\providecommand{\uPmt}{\ensuremath{\mu}} -\providecommand{\uPPP}{{\ensuremath{\mathrm{u}^{\prime\prime\prime}}}} -\providecommand{\uPP}{{\ensuremath{\mathrm{u}^{\prime\prime}}}} -\providecommand{\uP}{{\ensuremath{\mathrm{u}^{\prime}}}} -\providecommand{\urate}{\ensuremath{\mho}} -\providecommand{\utilFunc}{\ensuremath{\mathrm{u}}} -\providecommand{\util}{\ensuremath{u}} -\providecommand{\ValAlt}{\ensuremath{\mathcal{V}}} % middle-of-period Value function -\providecommand{\valfn}{\ensuremath{\mathrm{v}}} % middle-of-period value function -\providecommand{\Value}{\ensuremath{\mathrm{V}}} % middle-of-period Value function -\providecommand{\VEndFunc}{\ensuremath{\mathfrak{V}}} -\providecommand{\vEndFunc}{\ensuremath{\mathfrak{v}}} -\providecommand{\VEnd}{\ensuremath{\mathfrak{V}}} % end-of-period Value function -\providecommand{\vEnd}{\ensuremath{\mathfrak{v}}} % end-of-period value function -\providecommand{\vEss}{\check{v}^{e}} -\providecommand{\VE}{{V}^{e}} -\providecommand{\vE}{{v}^{e}} -\providecommand{\vFirm}{\ensuremath{\mathrm{e}}} -\providecommand{\VFunc}{\ensuremath{\mathrm{V}}} -\providecommand{\vFunc}{\ensuremath{\mathrm{v}}} -\providecommand{\VInv}{\ensuremath{\Lambda}} -\providecommand{\vInv}{\ensuremath{\scriptstyle \Lambda \displaystyle}} -\providecommand{\vk}{\ensuremath{\lambda}} -\providecommand{\vLevBF}{\ensuremath{\mathbf{v}}} -\providecommand{\VLevFunc}{\ensuremath{\pmb{\mathrm{V}}}} -\providecommand{\vLevFunc}{\ensuremath{\pmb{\mathrm{v}}}} -\providecommand{\VLev}{\ensuremath{V}} -\providecommand{\vLev}{\ensuremath{v}} -\providecommand{\vNorm}{\ensuremath{\mathrm{w}}} % end-of-period value function -\providecommand{\VNum}{\ensuremath{V}} -\providecommand{\vNum}{\ensuremath{v}} -\providecommand{\vOptAlt}{\ensuremath{\Alt{\tilde{\mathfrak{v}}}}} -\providecommand{\vOpt}{\ensuremath{\tilde{\mathfrak{v}}}} -\providecommand{\VRat}{\ensuremath{V}} -\providecommand{\vRat}{\ensuremath{v}} -\providecommand{\vTarg}{\Target{\vRat}} -\providecommand{\VU}{{V}^{u}} -\providecommand{\vU}{{v}^{u}} -\providecommand{\Wage}{\ensuremath{\mathsf{W}}} -\providecommand{\wage}{\ensuremath{\mathsf{w}}} -\providecommand{\WAllLev}{\ensuremath{\mathbf{O}}} -\providecommand{\wAllLev}{\ensuremath{\mathbf{o}}} -\providecommand{\WAllRat}{\ensuremath{O}} -\providecommand{\wAllRat}{\ensuremath{o}} -\providecommand{\WAll}{{O}} -\providecommand{\wAll}{{o}} -\providecommand{\WBeg}{\KLev} % Wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\wBeg}{\kLev} % wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\Wealth}{\ensuremath{O}} -\providecommand{\wealth}{\ensuremath{o}} -\providecommand{\WEndRat}{\ARat} % -\providecommand{\wEndRat}{\aRat} % -\providecommand{\WEnd}{\ALev} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wEnd}{\aLev} % wealth as of the end of the period (after C has been taken) -\providecommand{\Wend}{\ARat} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wend}{\aRat} % wealth as of the end of the period (after C has been taken) -\providecommand{\wFunc}{\mathrm{w}} -\providecommand{\WGroPF}{\ensuremath{\mathrm{G}}} -\providecommand{\WGro}{\ensuremath{\mathrm{G}}} -\providecommand{\wGro}{\ensuremath{\mathsf{g}}} -\providecommand{\whumMin}{\underline{\hRat}} % human wealth -- individual -\providecommand{\WHum}{\HLev} % Human wealth -- aggregate -\providecommand{\wHum}{\hLev} % human wealth -- individual -\providecommand{\Whum}{\HRat} % Human wealth -- aggregate -\providecommand{\whum}{\hRat} % human wealth -- individual -\providecommand{\WLev}{\ensuremath{W}} -\providecommand{\wLev}{\pmb{w}} -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wMid}{\bLev} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\Wmid}{\BRat} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wmid}{\bRat} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMkt}{\MLev} % Wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wMkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wmkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wNet}{\ensuremath{x}} % -\providecommand{\WNet}{\ensuremath{X}} % Total wealth -\providecommand{\WPre}{{K}} -\providecommand{\wPre}{{k}} -\providecommand{\wRat}{\ensuremath{o}} % -\providecommand{\WRat}{\ensuremath{O}} % Ratio to permanent income -\providecommand{\wTot}{\ensuremath{\mathbf{o}}} % -\providecommand{\WTot}{\ensuremath{\mathbf{O}}} % Total wealth -\providecommand{\wtot}{\ensuremath{o}} % -\providecommand{\Wtot}{\ensuremath{O}} % Total wealth -\providecommand{\xFer}{\chi} -\providecommand{\XFer}{X} -\providecommand{\xFunc}{\mathrm{x}} -\providecommand{\XLev}{\ensuremath{X}} -\providecommand{\xLev}{\ensuremath{x}} -\providecommand{\xpend}{\ensuremath{\xi}} -\providecommand{\XperGro}{\ensuremath{\mathsf{X}}} -\providecommand{\xperGro}{\ensuremath{\mathsf{x}}} -\providecommand{\XRat}{\ensuremath{X}} -\providecommand{\xRat}{\ensuremath{x}} -\providecommand{\yFunc}{\mathrm{y}} -\providecommand{\yLevBF}{\ensuremath{\mathbf{y}}} -\providecommand{\YLev}{\ensuremath{Y}} -\providecommand{\YLevBF}{\ensuremath{\mathbf{Y}}} -\providecommand{\yLev}{\ensuremath{y}} -\providecommand{\YRat}{\ensuremath{Y}} -\providecommand{\yRat}{\ensuremath{y}} -\providecommand{\yTargE}{\ensuremath{\check{y}^{e}}} -\providecommand{\yTarg}{\ensuremath{\check{y}}} -\providecommand{\zAgg}{\ensuremath{\pmb{Z}}} -\providecommand{\zFunc}{\mathrm{z}} -\providecommand{\ZLevBF}{\ensuremath{\mathbf{Z}}} -%\providecommand{\zLevBF}{\ensuremath{\mathbf{z}}} -\providecommand{\zLevBF}{\ensuremath{\pmb{z}}} -\providecommand{\ZLev}{\ensuremath{Z}} -\providecommand{\zLev}{\ensuremath{z}} -\providecommand{\ZRat}{\ensuremath{Z}} -\providecommand{\zRat}{\ensuremath{z}} - -\providecommand{\DieFac}{\pDead} -\providecommand{\LivFac}{\Alive} -\providecommand{\PopFac}{\PopGro} -\providecommand{\popRte}{\popGro} - - -\providecommand{\NFALev}{\NLev} -\providecommand{\NFARat}{\NRat} -\providecommand{\NI}{\ensuremath{Z}} -\providecommand{\GDPLev}{\pmb{P}} -\providecommand{\GDPRat}{P} -\providecommand{\GDPGro}{\gimel} -\providecommand{\gdpLev}{\pmb{p}} -\providecommand{\gdpRat}{p} -\providecommand{\weight}{\omega} - - -\providecommand{\bi}{} -\renewcommand{\bi}{\begin{itemize}} -\providecommand{\ei}{} -\renewcommand{\ei}{\end{itemize}} -\providecommand{\reqd}{} -\renewcommand{\reqd}{\item[$^{*}$]} -\providecommand{\recm}{} -\renewcommand{\recm}{\item[\phantom{$^{*}$}]} - -\providecommand{\pd}[2]{\frac{\partial#1}{\partial#2}} - - -% Ensure that you're in math mode when using the \cancel command (otherwise tex4ht produces bad output) -\newcommand\cncl[1]{\ensuremath{\cancel{#1}}} - -% Define the handles for the various conditions -\newcommand{\constr}[1]{\grave{#1}} - -\newcommand{\PFGPF}{{\mbox{PF-GPF}}} -\newcommand{\PFGIC}{{\mbox{PF-GIC}}} -\newcommand{\AIC}{{\mbox{AIC}}} -\newcommand{\PFFVAC}{{\mbox{PF-FVAC}}} -\newcommand{\PFVAF}{{\mbox{PF-FVAF}}} -\newcommand{\FVAC}{{\mbox{FVAC}}} -\newcommand{\FVAF}{{\mbox{FVAF}}} -\newcommand{\GIC}{{\mbox{GIC}}} -\newcommand{\GICAgg}{{\mbox{GIC-Agg}}} -\newcommand{\RIC}{{\mbox{RIC}}} -\newcommand{\WRIC}{{\mbox{WRIC}}} -\newcommand{\FHWC}{{\mbox{FHWC}}} -\newcommand{\RPF}{{\mbox{RPF}}} -\newcommand{\GPF}{{\mbox{GPF}}} -\newcommand{\GPFAgg}{{\mbox{GPF-Agg}}} -\newcommand{\FHWF}{\mbox{FHWF}} diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/makePostHandoutsStart.tex b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/makePostHandoutsStart.tex deleted file mode 100755 index d3c19da71..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/makePostHandoutsStart.tex +++ /dev/null @@ -1,6 +0,0 @@ - -% Begin creating shell to make and post set of notes - -\write18{touch makePostHandouts.sh ; rm makePostHandouts.sh} -\write18{cat /Volumes/Data/Courses/Choice/LectureNotes/makePost/shellStart.txt > makePostHandouts.sh} -\write18{chmod a+x makePostHandouts.sh} diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/printvrb.sty b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/printvrb.sty deleted file mode 100755 index b3a1d65d7..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/printvrb.sty +++ /dev/null @@ -1,112 +0,0 @@ -%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% -%%% printvrb.sty %%%%%%%%%%%%%%%%%% -%%% Amy Hendrickson -%%% TeXnology Inc. -%%% http://www.texnology.com -%%% revised version, April 8, 2011 -%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% - -%%% Uses moreverb.sty, Rainer Schopf author, -%%% as method to send verbatim text to -%%% another file, - -%%% These commands allow user to type in text or math and -%%% have it print in more than one document, -%%% for example, print in an article and also in slides. - -%%% This is done by sending fragments to a jobname.vrb file. -%%% Each fragment will have a unique name given as an argument -%%% to writetofile. - -%%% -\usepackage{moreverb} - -\newwrite\verbatimout - -%% The fragments will be sent to a new file called -%% the same name as the file they are found in with a -%% .vrb filename ending. (ie., test.tex ==> test.vrb) -%% They will also print in the originating .tex file -%% when LaTeX is run on the file twice (like the \tableofcontents -%% and cross-references). - - -%%% \begin{writetofile}{name}{your text}\end{writetofile} -%%% Notice that there are curly brackets surrounding the -%%% text you enter. These are necessary. - -%%% (Name can include numbers or any symbols you want) - -%%% Used: -%%% \begin{writetofile}{name} -%%% {my text} -%%% \end{writetofile} - -\newcount\definitionnumber - -%%% \namesinmargin will make name of fragment appear in margin. -%%% If this command isn't there, there will be no names in the margin. - -\newif\ifnamesinmargin -\def\namesinmargin{\global\namesinmargintrue} - -\def\writetofile#1{% -\vskip1sp -\ifnum\definitionnumber=0 -\expandafter\openin1 \jobname.vrb -\ifeof1 -\else -\input \jobname.vrb -\fi%% to get the previous definitions -\immediate\openout\verbatimout=\jobname.vrb -\fi -%% -\global\advance\definitionnumber by 1 -\gdef\currname{#1}% -\ifnamesinmargin -\vskip1sp\noindent\llap{\vtop to 0pt{\hbox{\tt\csname currname\endcsname\hskip4pt==>\ }\vss}}% -\fi% -%% -\immediate\write\verbatimout{^^J^^J\string\expandafter\string\gdef\string\csname\space -\currname\string\endcsname} - \@bsphack - \let\do\@makeother\dospecials - \catcode`\^^M\active \catcode`\^^I=12 - \def\verbatim@processline{% - \immediate\write\verbatimout - {\the\verbatim@line}}% -\verbatim@start} - -\def\endwritetofile{% - \@esphack -\expandafter\ifx\csname \currname\endcsname\relax Please run LaTeX on -file one more time!\else -\ifnamesinmargin\vskip-\baselineskip\fi -\noindent\expandafter\csname \currname\endcsname\relax\fi -} - -\makeatother - -%%%%%%%%%%%%%%%%%%%%% -%%% Using fragments in new file: - -%%% \input jobname.vrb will bring in the definitions -%%% for the fragments. -%%% (jobname is the same as the filename of the source document) - -%%% \namesinmargin will make names print as well as as printing -%%% the fragment. - -%%% \printfrag{name} will bring in fragment defined in source file, -%%% and sent to jobname.vrb. - -%%% \printfrag will save the problem of remembering to use -%%% \csname ...\endcsname, and will check to see if fragment is defined - -\def\printfrag#1{\expandafter\ifx\csname #1\endcsname\relax\vskip12pt -\noindent(!! There is -no fragment {\tt ==> #1 <==} maybe run LaTeX on source file again?)\vskip12pt\else -\ifnamesinmargin -\vskip1sp\noindent\llap{\vtop to 0pt{\hbox{\tt #1\hskip4pt==>\ }\vss}}\fi% -\csname #1\endcsname\fi -} diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/snapshot.sty b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/snapshot.sty deleted file mode 100755 index 311018ebe..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/snapshot.sty +++ /dev/null @@ -1,341 +0,0 @@ -%% -%% This is file `snapshot.sty', -%% generated with the docstrip utility. -%% -%% The original source files were: -%% -%% snapshot.dtx -%% -%%% ==================================================================== -%%% @LaTeX-doc-source-file{ -%%% filename = "snapshot.dtx", -%%% version = "1.14", -%%% date = "2002/03/05", -%%% time = "15:29:00 EST", -%%% checksum = "39090 807 3449 29761", -%%% author = "American Mathematical Society", -%%% copyright = "Copyright 2001 American Mathematical Society, -%%% all rights reserved. Copying of this file is -%%% authorized only if either: -%%% (1) you make absolutely no changes to your copy, -%%% including name; OR -%%% (2) if you do make changes, you first rename it -%%% to some other name.", -%%% address = "American Mathematical Society, -%%% Electronic Products and Services, -%%% PO Box 6248, -%%% Providence, RI 02940, -%%% USA", -%%% email = "tech-support@ams.org", -%%% URL = "http://www.ams.org/", -%%% supported = "yes", -%%% keywords = "version, compatibility, dependencies, LaTeX", -%%% abstract = "This package provides a way for a LaTeX -%%% document to specify, for each external file -%%% on which the document depends, which version -%%% is required to guarantee output fidelity.", -%%% docstring = "The checksum field above contains a CRC-16 -%%% checksum as the first value, followed by the -%%% equivalent of the standard UNIX wc (word -%%% count) utility output of lines, words, and -%%% characters. This is produced by Robert -%%% Solovay's checksum utility.", -%%% } -%%% ==================================================================== -\NeedsTeXFormat{LaTeX2e}[1994/12/01] -\ProvidesPackage{snapshot}[2002/03/05 v1.14] -\let\@xp\expandafter \let\@nx\noexpand -\newcommand{\RequireVersions}[2][]{% - \let\snap@check\snap@compare@versions - \let\snap@selfcheck\snap@selfcheck@a - \@ifnextchar *\snap@store@version\snap@store@error#2*{end}{}{}% -} -\@onlypreamble\RequireVersions -\def\snap@store@error#1{% - \PackageError{snapshot}{Expected '*' here, not '#1'}\@ehc -} -\@onlypreamble\snap@store@error -\def\snap@store@version #1#2#3#4{% - \@xp\snap@store@b\csname snapx@#2\endcsname{#2}{#3}{#4}% -} -\@onlypreamble\snap@store@version -\def\@fmtextension{fmt} -\def\@tfmextension{tfm} -\edef\snapx@package{.\@pkgextension} -\edef\snapx@class{.\@clsextension} -\edef\snapx@format{.\@fmtextension} -\edef\snapx@tfm{.\@tfmextension} -\long\def\snapx@application{} -\let\snap@file=\@empty -\let\snapx@end\@@end -\def\snap@store@b#1#2#3#4{% - \ifx#1\snapx@end - \@xp\@gobblefour - \else - \ifx#1\relax \let#1\@empty\fi - \def\@tempa##1 ##2 ##3\@nil{##1 ##2}% - \ifx#1\snapx@application - \else - \xdef\rqv@list{\rqv@list - \ifx\@empty\rqv@list\else,\fi - #3#1% - }% - \fi - \@xp\xdef\csname rqv@#3#1\endcsname{\@tempa#4 v?.? ? \relax\@nil}% - \ifx#1\snapx@format \snap@check{#3.fmt}% - \else \snap@selfcheck{#3.sty}% - \fi - \fi - \@ifnextchar *\snap@store@version\snap@store@error -} -\@onlypreamble\snap@store@b -\def\snap@write{\immediate\write\snap@out} -\let\snap@out\sixt@@n % fallback, probably never used -\DeclareOption{dep}{% - \def\snap@write{\immediate\write\snap@out}% -} -\DeclareOption{log}{% - \let\snap@write\typeout -} -\let\snap@fake@b\relax -\DeclareOption{test}{% - \def\snap@fake@b{\endinput \futurelet\@let@token\snap@ignoline}% -} -\DeclareOption{tfm}{% - \typeout{Option 'tfm' not implemented yet [1999/09/23]}% -} -\def\snap@mismatch@warning#1#2#3{\PackageWarningNoLine{#1}{#2}} -\def\snap@mismatch{\snap@mismatch@warning} -\DeclareOption{error}{% - \def\snap@mismatch{\PackageError}% - \ifx\snap@select\@empty \let\snap@select\snap@select@all \fi -} -\DeclareOption{warning}{% - \def\snap@mismatch{\snap@mismatch@warning}% - \ifx\snap@select\@empty \let\snap@select\snap@select@all \fi -} -\def\snap@select@all#1#2 #3#4 #5\@nil{#1#2 #3#4} -\let\snap@select\@empty -\DeclareOption{date}{% - \def\snap@select#1#2 #3\@nil{#1#2}% -} -\def\snap@select@version#1{% - \ifodd 0#11 \@xp\snap@sva\@xp#1\else\@xp\snap@select@version\fi -} -\def\snap@sva#1.#2 #3\@nil{#1.#2} -\def\snap@select@major#1{% - \ifodd 0#11 \@xp\snap@svm\@xp#1\else\@xp\snap@select@major\fi -} -\def\snap@svm#1.#2\@nil{#1} -\DeclareOption{version}{% - \def\snap@select#1#2 #3{\snap@select@version #3}% -} -\DeclareOption{major-version}{% - \def\snap@select#1#2 #3{\snap@select@major #3}% -} -\ProcessOptions\par -\edef\snap@restore@extensions{% - \def\@nx\@pkgextension{\@pkgextension}% - \def\@nx\@clsextension{\@clsextension}% -} -\def\snap@pad#1#2#3#4#5#6#7#8#9{\snap@pad@a{#1#2#3#4#5#6#7#8#9}} -\def\snap@pad@a#1#2#3#4#5\@nil{\snap@pad@b#1#2#3#4\space\@nil} -\def\snap@pad@b#1\space#2\@nil#3{\def#3{#2}} -\def\snap@trim@version#1#2 #3{#1#2 \snap@trim@b #3} -\def\snap@trim@b#1{\ifodd 0#11 v#1\@xp\snap@trim@c\fi \snap@trim@b} -\def\snap@trim@c#1#2 #3\@nil{#2} -\let\rqv@list=\@empty -\edef\@tempc#1\fmtname{#1\fmtname}\@tempc -\def\@tempa#1,\fmtname.fmt,#2#3\@nil{#2} -\edef\@tempb{\@nx\@tempa,\@filelist,\fmtname.fmt,} -\if ?\@tempb?\@nil - \edef\@filelist{\fmtname.fmt,\@filelist}% - \def\@tempc{LaTeX2e}% - \@xp\edef\csname ver@\fmtname.fmt\endcsname{% - \fmtversion\space - v\ifx\@tempc\fmtname 2.e\else ?.?\fi - }% -\fi -\listfiles -\def\@dofilelist{% - \snap@restore@extensions - \ifx\rqv@list\@empty - \else \rqv@compare@lists - \fi - \ifx\snap@write\typeout - \else - \newwrite\snap@out - \immediate\openout\snap@out=\jobname.dep \relax - \fi - \snap@write{\string\RequireVersions\@charlb}% - \snap@write{\space\space *{application}{TeX}% - \space\space\space\space\space{1990/03/25 v3.x}}% - \@for\@currname:=\@filelist\do{% - \filename@parse\@currname - \ifx\filename@ext\relax - \def\@tempa{file}\def\@tempd{.tex}\def\filename@ext{tex}% - \def\@tempb{~~~}% - \else\ifx\filename@ext\@pkgextension - \def\@tempa{package}\let\@tempd\@empty - \def\@tempb{}% - \else\ifx\filename@ext\@clsextension - \def\@tempa{class}\let\@tempd\@empty - \def\@tempb{~~}% - \else\ifx\filename@ext\@fmtextension - \def\@tempa{format}\let\@tempd\@empty - \def\@tempb{~}% - \else\ifx\filename@ext\@tfmextension - \def\@tempa{tfm}\let\@tempd\@empty - \def\@tempb{~~~~}% - \else - \def\@tempa{file}\edef\@tempd{.\filename@ext}% - \def\@tempb{~~~}% - \fi\fi\fi\fi\fi - \@xp\let\@xp\@tempe - \csname ver@\filename@base.\filename@ext\endcsname - \ifx\@tempe\@empty \let\@tempe\relax \fi - \edef\@tempe{% - \ifx\@tempe\relax 0000/00/00 v0.0% - \else - \@xp\@xp\@xp\snap@trim@version\@xp\@tempe\space v0.0 v0.0 \@nil - \fi - }% - \edef\@tempc{\filename@area\filename@base\@tempd}% full file name - \@xp\snap@pad\@tempc\space~~~~~~~~~~~~~~~~\@nil\@tempd - \begingroup \let~\space - \snap@write{\space\space *{\@tempa}\@tempb{\@tempc}\@tempd{\@tempe}}% - \endgroup - }% - \snap@write{\@charrb}% - \ifx\snap@write\typeout - \else \immediate\closeout\snap@out - \typeout{Dependency list written on \jobname.dep.}% - \fi -}% -\def\rqv@condense#1,{% - \if ,#1,% - \else - \@xp\ifx\csname ver@#1\endcsname\N - \else - \edef\L{\L,#1}% - \@xp\let\csname ver@#1\endcsname=\N - \fi - \fi - \rqv@condense -} -\def\rqv@compare@lists{% - \begingroup - \def\N{1}\let\L=\@gobble - \@xp\rqv@condense \rqv@list,TeX,{,\relax\@xp\@gobbletwo\@xp},% - \ifx\L\@gobble\let\L\@empty\fi - \let\rqv@list=\L - \let\L=\@gobble - \@xp\rqv@condense \@filelist,{,\relax\@xp\@gobbletwo\@xp},% - \ifx\L\@gobble\let\L\@empty\fi - \@for\@currname:=\L\do{% - \snap@mismatch{snapshot}{^^J% - File \@currname\space loaded though not in - \noexpand\RequireVersions list% - }\@ehc - }% - \def\N{2}\let\L=\@gobble - \@xp\rqv@condense\@filelist,TeX,{,\relax\@xp\@gobbletwo\@xp},% - \let\L=\@gobble - \@xp\rqv@condense\rqv@list,{,\relax\@xp\@gobbletwo\@xp},% - \ifx\L\@gobble\let\L\@empty\fi - \@for\@currname:=\L\do{% - \snap@mismatch{snapshot}{^^J% - File \@currname\space [\csname rqv@\@currname\endcsname] - required but not loaded% - }\@ehc - }% - \endgroup -} -\begingroup \catcode\endlinechar=12\relax % -\long\gdef\snap@ignoline#1 -{}\endgroup % -\def\snap@fake@input#1#2#3#4{% - \ifx#1\snapx@end - \aftergroup\@@end \@xp\@gobblefour - \else - \ifx#1\snapx@format - \else - \message{^^J}% - \@xp\snap@fake@b\@@input #3#1\relax - \fi - \fi - \@ifnextchar *\snap@store@version\snap@store@error -} -\newcommand{\rqvTest}[2][]{% - \begingroup \catcode\endlinechar=12 - \catcode`\%=12 \catcode`\{=12 \catcode`\}=12\relax - \let\snapx@application=\snapx@format \let\snapx@tfm=\snap@format - \@ifnextchar *\snap@store@version\snap@store@error#2*{end}{}{}% - \endgroup -} -\@ifundefined{snap@fake@b}{}{% - \let\snap@store@b\snap@fake@input - \let\RequireVersions\rqvTest -} -\AtBeginDocument{% - \@ifundefined{ver@amsgen}{}{% - \@xp\let\csname ver@amsgen.sty\@xp\endcsname - \csname ver@amsgen\endcsname - }% -} -\let\snap@compare@versions\@gobble \let\snap@check\@gobble -\let\snap@selfcheck\@gobble \let\snap@selfcheck@a\@gobble -\ifx\snap@select\@empty \endinput \fi -\begingroup \catcode`\.=11\relax -\gdef\snap@selfcheck@b#1\rqv@snapshot.sty#2#3\@nil{T#2} -\gdef\snap@selfcheck@a#1{% - \if\@xp\snap@selfcheck@b\csname rqv@#1\endcsname T% - \rqv@snapshot.sty F\@nil - \snap@check{#1}% - \fi -} -\endgroup -\def\@nofmt#1.fmt.#2 {#1 } -\def\snap@mismatch@a#1#2#3{% - \snap@mismatch{snapshot}{^^J% - \space\space Required version #2 of \@nofmt#1.fmt. and^^J% - \space\space provided version #3 do not match% - }\@ehc -} -\def\snap@compare@versions#1{% - \begingroup - \@ifundefined{rqv@#1}{}{% - \edef\0{\csname rqv@#1\endcsname}% - \edef\1{\csname ver@#1\endcsname}% - \edef\1{\@xp\snap@trim@version\1 v0.0 v0.0 \@nil}% - \edef\@tempa{\@xp\snap@select\0 v0.0 v0.0 \@nil}% - \edef\@tempb{\@xp\snap@select\1 v0.0 v0.0 \@nil}% - \ifx\@tempa\@tempb - \else - \edef\@tempd{\@nx\snap@mismatch@a{#1}{\@tempa}{\@tempb}}% - \@xp\@tempd - \fi - }% - \endgroup -} -\def\ProvidesFile#1{% - \def\snap@checker{\snap@check{#1}}% - \begingroup - \aftergroup\snap@checker - \catcode`\ 10\catcode\endlinechar 10 % - \@makeother\/% - \@makeother\&% - \@ifnextchar[{\@providesfile{#1}}{\@providesfile{#1}[]}% -} -\def\@pr@videpackage[#1]{% - \expandafter\xdef\csname ver@\@currname.\@currext\endcsname{#1}% - \ifx\@currext\@clsextension - \typeout{Document Class: \@gtempa\space#1}% - \else - \wlog{Package: \@gtempa\space#1}% - \fi - \snap@check{\@currname.\@currext}% -} -\endinput -%% -%% End of file `snapshot.sty'. diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/pictureenv.4ht b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/pictureenv.4ht deleted file mode 100755 index b51123edc..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/pictureenv.4ht +++ /dev/null @@ -1,3 +0,0 @@ -% pictureenv.4ht from https://tex.stackexchange.com/questions/448300/tex4ht-conflict-with-math-in-table-vs-outside-table-when-using-svg - -\ConfigureEnv{pictureenv}{\Picture*{}}{\EndPicture}{}{} diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md deleted file mode 100755 index 5dffe22ed..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md +++ /dev/null @@ -1,9 +0,0 @@ -20191212 - struggled for several hours to get svg figures to work properly - -The current version works - -There seem to be two options: - -1. If you never set a specified size of a figure (like \includegraphics[width=6in]) then the method discussed [here](https://tug.org/pipermail/tex4ht/2015q2/001166.html) works. But dies with a division by zero error whenever the size has been explicitly set. It can be resurrected by uncommenting the \Configure{graphics\*}{svg} portion of the file -1. In cases where the size is set (as is frequently the case), the current version obtains the dimensions directly from the svg file - - This might have problems with an svg file without explicit dimensions diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg deleted file mode 100755 index 14147bc19..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg +++ /dev/null @@ -1,90 +0,0 @@ -\Preamble{charset="latin1",p-width,pic-align,pic-tabular} -\DeclareGraphicsExtensions{.svg,.png,.jpg} % change to %\DeclareGraphicsExtensions{.png,.svg,.jpg} to prefer png pix - -%\Configure{Picture}{.svg} - -\Configure{VERSION}{} - -\DeclareGraphicsRule{.png}{bmp}{.xbb}{} -%\DeclareGraphicsRule{.svg}{svg}{.xbb}{} % Uncomment if you want to use the commented-out method of configuring svg files to get the size from a boundingbox created by ebb -x *.png - -\ConfigureEnv{figure} -{\ifvmode\IgnorePar\fi\EndP\HCode{

    }% -\bgroup \Configure{float}{\ShowPar}{}{}% -} -{\egroup -\ifvmode\IgnorePar\fi\EndP\HCode{
    }\ShowPar -\par} -{}{} - -\Css{div.caption {text-align:left;font-size:83\%;text-indent:0em; margin-left:2em; margin-right:2em; }} -\Css{div.caption span.id{font-variant: small-caps; white-space: nowrap; }} -\Css{.figure div.caption{text-align: center;}} -\Css{.table div.caption{text-align: center;}} -\Css{.table div.pic-tabular{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.figure{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.table{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.float{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} - -% 20200910: Tried a bunch of ways to center the tabbing envt; all failed: -% \Css{div.tbody{text-align:center;}} -% \Css{.table div.tabbing{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -% \Css{div.tabbing{text-align:center;}} -% \Css{.tabbing div.tbody{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -% \Css{.table tabbing div.tbody{text-align:center;clear:both;overflow:auto;margin-bottom:1em;margin-left:auto;margin-right:auto}} - -\ConfigureEnv{subfigure} -{\ifvmode\IgnorePar\fi\EndP\HCode{
    } -} -{\ifvmode\IgnorePar\fi\EndP\HCode{
    }}{}{} -% \Css{.subfigure{display: inline-block;}} would make the figures float next to each other -\Css{.subfigure img{display:block; margin-left:auto; margin-right:auto}} % Should, but does not seem to, center captions - -% This is for figures in png format -\Configure{graphics*} -{png} -{%the special command below so it will copy the png over -\special{t4ht+@File: \csname Gin@base\endcsname.png} -\Picture[pict]{\csname Gin@base\endcsname .png -\space width="\expandafter\the\csname Gin@req@width\endcsname" -}% -}% - -\Configure{Picture}{.svg} - -\makeatletter -\Configure{graphics*} -{svg} -{ -{\Configure{Needs}{File: \Gin@base.svg}\Needs{}} -\Picture[\csname a:GraphicsAlt\endcsname]{\csname Gin@base\endcsname.svg -\csname a:Gin-dim\endcsname} -} - -\makeatother - -%add any custom \Css or HTML commands here as needed. - -% Fix tex4ht includegraphics to allow scaling relative to textwidth -% https://tex.stackexchange.com/questions/563276/graphics-scaling-in-tex4ht -\makeatletter -\ExplSyntaxOn -\Configure{Gin-dim}{style="width:\fp_eval:n{round(\Gin@req@width/\textwidth*100,2)}\%"} -\ExplSyntaxOff -\makeatother - -\Css{.equation td{text-align:center; }} -\Css{td.equation { margin-top:5em; margin-bottom:5em; }} - -%These to tell tex4ht to make inline math images also -\begin{document} - -\Configure{$}{\PicMath}{\EndPicMath}{} -\Configure{PicMath}{}{}{}{class="math";align="absmiddle"} - -\EndPreamble - -% Local Variables: -% TeX-PDF-mode: t -% latex-mode: t -% End: diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.tex b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.tex deleted file mode 100755 index bd2dd2016..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.tex +++ /dev/null @@ -1,82 +0,0 @@ -\Preamble{charset="latin1",p-width,pic-align,pic-tabular} -\DeclareGraphicsExtensions{.svg,.png,.jpg} % change to %\DeclareGraphicsExtensions{.png,.svg,.jpg} to prefer png pix - -%\Configure{Picture}{.svg} - -\Configure{VERSION}{} - -\DeclareGraphicsRule{.png}{bmp}{.xbb}{} -%\DeclareGraphicsRule{.svg}{svg}{.xbb}{} % Uncomment if you want to use the commented-out method of configuring svg files to get the size from a boundingbox created by ebb -x *.png - -\ConfigureEnv{figure} - {\ifvmode\IgnorePar\fi\EndP\HCode{
    }% - \bgroup \Configure{float}{\ShowPar}{}{}% - } - {\egroup - \ifvmode\IgnorePar\fi\EndP\HCode{
    }\ShowPar -\par} -{}{} - -\Css{div.caption {text-align:left;font-size:83\%;text-indent:0em; margin-left:2em; margin-right:2em; }} -\Css{div.caption span.id{font-variant: small-caps; white-space: nowrap; }} -\Css{.figure div.caption{text-align: center;}} - \Css{.table div.caption{text-align: center;}} - \Css{.table div.pic-tabular{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.figure{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.table{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.float{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} - -% 20200910: Tried a bunch of ways to center the tabbing envt; all failed: -% \Css{div.tbody{text-align:center;}} -% \Css{.table div.tabbing{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -% \Css{div.tabbing{text-align:center;}} -% \Css{.tabbing div.tbody{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -% \Css{.table tabbing div.tbody{text-align:center;clear:both;overflow:auto;margin-bottom:1em;margin-left:auto;margin-right:auto}} - -\ConfigureEnv{subfigure} - {\ifvmode\IgnorePar\fi\EndP\HCode{
    } - } - {\ifvmode\IgnorePar\fi\EndP\HCode{
    }}{}{} - % \Css{.subfigure{display: inline-block;}} would make the figures float next to each other -\Css{.subfigure img{display:block; margin-left:auto; margin-right:auto}} % Should, but does not seem to, center captions - -% This is for figures in png format -\Configure{graphics*} - {png} - {%the special command below so it will copy the png over - \special{t4ht+@File: \csname Gin@base\endcsname.png} - \Picture[pict]{\csname Gin@base\endcsname .png - \space width="\expandafter\the\csname Gin@req@width\endcsname" -}% -}% - -\Configure{Picture}{.svg} - -\makeatletter -\Configure{graphics*} -{svg} -{ - {\Configure{Needs}{File: \Gin@base.svg}\Needs{}} - \Picture[\csname a:GraphicsAlt\endcsname]{\csname Gin@base\endcsname.svg - \csname a:Gin-dim\endcsname} - } - -\makeatother - -%add any custom \Css or HTML commands here as needed. - -% https://tex.stackexchange.com/questions/563276/graphics-scaling-in-tex4ht - - -%These to tell tex4ht to make inline math images also -\begin{document} - -\Configure{$}{\PicMath}{\EndPicMath}{} -\Configure{PicMath}{}{}{}{class="math";align="absmiddle"} - - -\EndPreamble - -% Local Variables: -% TeX-PDF-mode: t -% End: diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 deleted file mode 100755 index 795fa2e6c..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 +++ /dev/null @@ -1,2 +0,0 @@ -Make:image("svg$", -"dvisvgm -n -p ${page} --exact -c 1.0,1.0 -s ${source} > ${output}") diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 deleted file mode 100755 index b9a47ff77..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 +++ /dev/null @@ -1,2 +0,0 @@ -Make:image("svg$", -"dvisvgm -n -p ${page} --exact -c 1.2,1.2 -s ${source} > ${output}") diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 deleted file mode 100755 index 29f3724e7..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 +++ /dev/null @@ -1,2 +0,0 @@ -Make:image("svg$", -"dvisvgm -n -p ${page} --exact -c 1.2,1.0 -s ${source} > ${output}") diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 deleted file mode 100755 index b9a47ff77..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 +++ /dev/null @@ -1,2 +0,0 @@ -Make:image("svg$", -"dvisvgm -n -p ${page} --exact -c 1.2,1.2 -s ${source} > ${output}") diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 deleted file mode 100755 index 29f3724e7..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 +++ /dev/null @@ -1,2 +0,0 @@ -Make:image("svg$", -"dvisvgm -n -p ${page} --exact -c 1.2,1.0 -s ${source} > ${output}") diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 deleted file mode 100755 index c7425ed51..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 +++ /dev/null @@ -1,2 +0,0 @@ -Make:image("svg$", -"dvisvgm -n -p ${page} --exact -c 1.3,1.0 -s ${source} > ${output}") diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4htMakeCFG.sh b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4htMakeCFG.sh deleted file mode 100755 index 36ad5667c..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/tex4htMakeCFG.sh +++ /dev/null @@ -1,21 +0,0 @@ -#!/bin/sh - -if [ $# -eq 0 ] -then - echo "usage: ${0##*/} " - exit 1 -fi - -handoutName=$1 - -# cd "$(dirname "$0")" # http://stackoverflow.com/questions/3349105/how-to-set-current - -cmd="cp `kpsewhich svg-math-and-subfigures.cfg` $handoutName.cfg" -echo "$cmd" ; eval "$cmd" -#cp `kpsewhich svg-set-size-to-1p0.mk4` $handoutName.mk4 -cmd="cp `kpsewhich svg-set-size-to-1p0.mk4` $handoutName.mk4" -#cp `kpsewhich svg-set-size-to-1p2.mk4` $handoutName.mk4 -#cmd="cp `kpsewhich svg-set-size-to-1p3x1p0.mk4` $handoutName.mk4" -#cmd="cp `kpsewhich svg-set-size-to-1p2x1p0.mk4` $handoutName.mk4" -#cmd="cp `kpsewhich svg-set-size-to-1p1x1p0.mk4` $handoutName.mk4" # Tried this to achieve bold; does not look good -echo "$cmd" ; eval "$cmd" diff --git a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/titlesec.sty b/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/titlesec.sty deleted file mode 100755 index f588cad6a..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/tex/latex/titlesec.sty +++ /dev/null @@ -1,1350 +0,0 @@ -% +--------------------------------------------------+ -% | Typeset titlesec.tex to get the documentation. | -% +--------------------------------------------------+ -% -% Copyright (c) 1998-2016 by Javier Bezos. -% All Rights Reserved. -% -% This file is part of the titlesec distribution release 2.10.2 -% ----------------------------------------------------------- -% -% It may be distributed and/or modified under the -% conditions of the LaTeX Project Public License, either version 1.3 -% of this license or (at your option) any later version. -% The latest version of this license is in -% http://www.latex-project.org/lppl.txt -% and version 1.3 or later is part of all distributions of LaTeX -% version 2003/12/01 or later. -% -% This work has the LPPL maintenance status "maintained". -% -% The Current Maintainer of this work is Javier Bezos. -% -% Notes -% ~~~~~ -% -% The following tags are used: -% ttl@ : the generic tag used through the style -% ttlh@ : a shape definition -% ttlf@ : a macro containing the title format -% ttls@ : id. the title space -% ttlp@ : page key related macros -% ttll@ : level number -% -% The ttlf@ and ttls@ contains data in the form {..}{..}. -% Perhaps in future releases they should be converted -% to a prop-like list, similar to that proposed by the -% latex team. -% -% Admittedly, the current implementation seems too -% complicated, but that's necessary in order to provide -% certain compatibility with the sections as defined by the -% used class. Other packages opt for providing the sections -% as defined by standard classes ignoring the class; for -% instance sectsty which does a simple task in a simple and -% nice way. However, that was not my goal. -% -% Release -% ~~~~~~~ - -\NeedsTeXFormat{LaTeX2e} -\ProvidesPackage{titlesec}[2016/03/21 v2.10.2 Sectioning titles] - -% Initialization -% ~~~~~~~~~~~~~~ - -\newif\ifttl@ps -\ttl@psfalse - -% The \ttl@label switch is used when printing the label in titles. -% A numberless variant makes it to true. -% There is a \ttl@toclabel as well, which is true iff the -% title is numbered; used in toc entries (except default part -% and chapter) and marks (only in titlesec pagestyles). - -\newif\ifttl@label -\newif\ifttl@toclabel - -\newbox\ttl@box - -% A provision for the report style: - -\@ifundefined{if@mainmatter} - {\let\if@mainmatter\iftrue}{} - -\@ifundefined{if@openright} - {\let\if@openright\iftrue}{} - -% and the ams styles as well - -\@ifundefined{@chapapp} - {\let\@chapapp\chaptername}{} - -\def\ttl@trylist{\ttl@try{}} - -\def\ttl@getkeys#1#2{% - \if\expandafter @\@gobble#1@\@empty - \edef\ttl@b{\expandafter\@gobble\string#1}% - \let\ttl@a\ttl@b - \else - \makeatletter - \edef\ttl@d{% - \noexpand\input{ttlkeys.def}% - \catcode`\noexpand\@=\the\catcode`\@}% - \ttl@d - \ttl@getkeys{#1}{#2}% - \fi} - -% A more meaningful error for \@notdefinable - -\expandafter\AtEndOfPackage\expandafter{\expandafter - \gdef\expandafter\@notdefinable\expandafter{\@notdefinable}} - -\def\@notdefinable{% - \PackageError{titlesec}% - {Incompatible package}% - {Titlesec cannot continue defining its own macros - because\MessageBreak - \@backslashchar\reserved@a\space is already used by other package, - the class\MessageBreak - or the document.}} - -% +-----------------+ -% | C L A S S E S | -% +-----------------+ - -\def\ttl@useclass#1#2{% - \@ifstar - {\ttl@labelfalse#1{#2}[]}% - {\ttl@labeltrue\@dblarg{#1{#2}}}} - -\def\ttl@straightclass{\ttl@useclass\ttl@straight@i} -\def\ttl@partclass{\ttl@useclass\ttl@part@i} -\def\ttl@topclass{\ttl@useclass\ttl@top@i} -\def\ttl@pageclass{\ttl@useclass\ttl@page@i} - -% Here \scantokens is used to make sure the unescaped name -% has `letters' and no `others'. Mainly for hyperref, so there -% should be no problems. - -\newcommand\titleclass[1]{% - \edef\ttl@a{\expandafter\@gobble\string#1}% - \ifx\scantokens\@undefined\else - \scantokens\expandafter{\expandafter - \def\expandafter\ttl@a\expandafter{\ttl@a}}% - \fi - \@ifnextchar[{\@tempswatrue\ttl@class@i{#1}}% - {\@tempswafalse\ttl@class@ii{#1}}} - -\def\ttl@class@i#1[#2]{% - \@namedef{ttll@\ttl@a}{#2}% - \expandafter\providecommand\csname\ttl@a title\endcsname{}%%%% - \@ifundefined{ttl@toplevel}{}% - {\expandafter\let\csname ttlss@\ttl@a\expandafter\endcsname - \csname ttlss@\ttl@toplevel\endcsname}% - \edef\ttl@toplevel{\ttl@a}% - \ttl@class@ii{#1}} - -\def\ttl@class@ii#1#2{% - \@ifundefined{ttl@#2class}% - {\PackageError{titlesec}{Unknown sectioning class}% - {Valid names are top, page and straight}}% - {\expandafter\let\csname ttl@compat\ttl@a\endcsname\relax - \@ifundefined{\ttl@a mark}% - {\@namedef{\ttl@a mark}{\@gobble}}% - {}% - \edef#1{% - \expandafter\noexpand\csname ttl@#2class\endcsname{\ttl@a}}}% - \if@tempswa - \expandafter\@gobble - \else - \expandafter\@firstofone - \fi - {\@ifnextchar[% - {\ttl@class@iii}% - {\@ifundefined{ttll@\ttl@a}% - {\PackageError{titlesec}{Unknown sectioning level}% - {\string\titleclass\space with no optional arguments\MessageBreak - only changes the class of an *existing* level}}}}} - -\def\ttl@class@iii[#1]{% - \edef\ttl@b{\expandafter\@gobble\string#1}% - \expandafter\let\csname ttlss@\ttl@a\expandafter\endcsname - \csname ttlss@\ttl@b\endcsname - \expandafter\edef\csname ttlss@\ttl@b\endcsname{\ttl@a}% - \let\ttl@a\ttl@toplevel - \count@\csname ttll@\ttl@toplevel\endcsname - \ttl@class@iv} - -\def\ttl@class@iv{% - \@ifundefined{ttlss@\ttl@a}{}% - {\advance\count@\@ne - \edef\ttl@a{\csname ttlss@\ttl@a\endcsname}% - \expandafter\edef\csname ttll@\ttl@a\endcsname{\the\count@}% - \ttl@class@iv}} - -% Typesetting Classes: General tools -% ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ -% The following command handles the *n spacing -% Some tricks are necessary to multiply a -% skip by a non integer number - -\newskip\beforetitleunit -\beforetitleunit=1ex\@plus.3ex\@minus.06ex -\newskip\aftertitleunit -\aftertitleunit=1ex\@plus.1ex - -\newdimen\ttl@plus -\newdimen\ttl@minus - -\def\ttl@assign#1{% - \@ifstar - {\ttl@assign@i{#1}}% - {\ttl@assign@d{#1}}} - -\def\ttl@assign@i#1#2\relax#3{% - \ttl@plus\z@ - \ttl@minus\z@ - \afterassignment\ttl@assign@ii - \dimen@\the#3, % <- space - #1 = #2\dimen@ - plus #2\ttl@plus - minus #2\ttl@minus} - -\def\ttl@assign@ii#1 {% <- space - \if#1,\else\afterassignment\ttl@assign@ii\fi - \csname ttl@\string#1\endcsname} - -\def\ttl@assign@d#1#2\relax#3{\setlength#1{#2}} - -% To be used with \v/vspace to make them calc-savvy - -\def\ttl@calc#1#2{% - {\setlength\@tempskipa{#2}% - #1\@tempskipa}} - -\def\ttl@calcneg#1#2{% - {\setlength\@tempskipa{#2}% - #1{-\@tempskipa}}} - -% Gets from ttls@ and passes the spacing parameters: - -\def\ttl@startargs#1#2{% Get the first arguments, with the spacing - \@ifundefined{ttlp@#2}% - {\let\ttl@key@page\@empty}% - {\ttlp@fetch{#2}}% - \begingroup - \def\ttl@b{ttls@#2}% - \edef\ttl@key@numberless{\ifttl@label//\else/*\fi}% - \def\ttl@a##1{\csname ttl@key@##1\endcsname}% Used as elt in try - \ttl@trylist - \xdef\ttl@b{\ttl@c}% - \endgroup - \ifx\ttl@b\@empty - \PackageError{titlesec}{Format/spacing not found}% - {I was unable to find the format corresponding to #2.\MessageBreak - Maybe you haven't set it with \string\titleformat\space and - \string\titlespacing} - \fi - \expandafter#1\ttl@b{#2}} - -% Used in ttl@select - -\def\ttl@savefn#1[#2]#3{% - \ifcase#1% - \footnotemark[#2]% - \gdef\ttl@fn{\footnotetext[#2]{#3}}% - \else - \footnotemark - \gdef\ttl@fn{\footnotetext{#3}}% - \fi} - -\def\ttl@nest@error{% - \PackageError{titlesec}{Nested titles}{Titles must not be nested}} - -\def\ttl@hmode@error{% - \PackageError{titlesec}{Entered in horizontal mode} - {The argument cannot contain horizontal material\MessageBreak - such as text, \string\noindent, \string\makebox, etc.}} - -% \ttl@select not only selects the right version to be -% used. It also take steps to ensure that a mark -% is not lost inside a box by saving it into \ttl@mk, -% which in turn is used by the sect and chap commands. - -\newif\ifttl@explicit - -\def\ttl@gmk#1{\gdef\ttl@mk{#1}} - -\def\ttl@select#1#2#3#4{% - \ttl@Hy@saveanchor - \global\let\ttl@mk\@empty % global because of rigidchapters - \global\let\ttl@fn\@empty - \begingroup - \if@inlabel\else % Keep item's \everypar - \everypar{\setbox\z@\lastbox\strut}% - \fi - \let\ttl@straight@i\ttl@nest@error - \let\ttl@top@i \ttl@nest@error - \let\ttl@part@i \ttl@nest@error - \let\ttl@page@i \ttl@nest@error - \let\ttl@newpage\newpage - \def\newpage{\ttl@savewrite\ttl@newpage}% - \def\markboth##1##2{\protect\ttl@gmk{\protect\markboth{##1}{##2}}}% - \def\markright##1{\protect\ttl@gmk{\protect\markright{##1}}}% - \def\@mkboth##1##2{\protect\ttl@gmk{\protect\@mkboth{##1}{##2}}}% - \def\footnote{\@ifnextchar[% - {\ttl@savefn\z@}{\ttl@savefn\@ne[]}}% - \edef\ttl@key@numberless{\ifttl@label//\else/*\fi}% - \def\ttl@b{ttlf@#1}% - \def\ttl@a##1{\csname ttl@key@##1\endcsname}% Used as elt in try - \ttl@trylist - \ifttl@explicit - \def\ttl@passexplicit{\ttl@case{#4}}% - \ttl@c{#4}{#2}{#3}{}% ttl@c is returned by ttl@try with ttlf@... - \else - \let\ttl@passexplicit\ttl@case - \ttl@c{#2}{#3}{#4}% ttl@c is returned by ttl@try with ttlf@... - \fi - \endgroup} - -\let\ttl@savewrite\@empty - -\def\ttl@finmarks{% - \ttl@savewrite - \ttl@mk % Contains a possible mark, returned by \ttl@select - \ttl@fn} % And a footnote - -\def\ttl@try#1{% - \edef\ttl@c{#1}% #1 is a list in the form \ttl@a{key}\ttl@a{key} - \@ifundefined{\ttl@b\ttl@c}{}{% - \edef\ttl@c{\expandafter\noexpand\csname\ttl@b\ttl@c\endcsname}% - \def\ttl@a##1{\csname ttl@extra@##1\endcsname}% - #1% - \let\ttl@try\@gobble}} % locally modified to `break' testings - -% \ttl@write writes marks and toc. tocdepth is taken care of when -% the toc is typesetted and not here. Used always through -% ttl@savewrite, which is reset to \@empty to avoid duplicated -% calls. - -\def\ttl@write#1#2{% - \ttl@blinemarks - \csname#1mark\endcsname{#2}% - \def\ttl@a{\protect\numberline{\@nameuse{the#1}}}% - \@nameuse{ttl@toc#1}% eg, \ttl@tocpart modifies \ttl@a - \ttl@addcontentsline{#1}{#2}% Depends on toctitles, uses \ttl@a - \ttl@elinemarks - \global\ttl@toclabelfalse - \global\let\ttl@savewrite\@empty} - -\newif\ifttl@premark % to be used in ttlps.def -\ttl@premarkfalse - -\def\ttl@premark#1#2{% - \protected@xdef\ttl@prevmarks{\ttl@marks}% - \ttl@blinemarks - \csname#1mark\endcsname{#2}% - \ttl@elinemarks - \gdef\ttl@prevmarks{\ttl@marks}} - -% Must be preceded by a default \ttl@savewrite, which is used -% in starred variants--\@empty in top and straight classes. -% In straight class, it is preceded by the setting of -% prev marks to provide a "fixed" top mark. Otherwise, -% the default prev mark (= curr mark) is used (restored -% after ttl@labelling in straight). This is the command -% to be hacked if you want to change the behaviour of -% starred variants. - -\def\ttl@labelling#1#2{% - \let\ttl@Hy@saveanchor\@empty - \ifttl@label % 1st - if star - \def\ttl@savewrite{\ttl@write{#1}{#2}}% - \@nameuse{ttl@#1label}% eg, sets if mainmatter in chapter. - \ifttl@label % 2nd - eg, if not main matter - \ifnum\@nameuse{ttll@#1}>\c@secnumdepth\relax - \ttl@labelfalse % 3rd - if too deep - \else - \ttl@Hy@refstepcounter{#1}% - \@nameuse{ttl@#1out}% - \fi - \fi - \fi - \let\ifttl@toclabel\ifttl@label - \ifx\ttl@savewrite\@empty\else % If marks - \ifttl@ps - \ifttl@premark - \global\ttl@premarkfalse - \else % if no \pretitlemark - \ttl@premark{#1}{#2}% - \fi - \fi - \ifttl@label\else\ttl@Hy@steplink{#1}\fi - \fi} - -% Executed by ttl@labelling if the name of section is chapter: - -\def\ttl@chapterlabel{\if@mainmatter\else\ttl@labelfalse\fi} - -% Executed by ttl@labelling if chapter has a number. Note -% you can define messages for other sectioning levels (eg, -% \ttl@sectionout). - -\def\ttl@chapterout{\typeout{\chaptertitlename\space\thechapter.}} - -% Straight class -% ~~~~~~~~~~~~~ -% Default for nobottomtitles. Changed by nobottomtitles* - -\def\ttl@addstretch{\advance\@tempskipa-\pagestretch} - -% 1:name 2:level 3:indent 4:before 5:after 6:afind [7]:cap 8:title -% The second argument of ttl@sect is the level, which -% is empty if the star version is used. In this case -% neither the toc nor the marks are written. - -\def\ttl@straight@i#1[#2]#3{% - \def\@currentlabelname{#2}% for nameref - \gdef\ttl@savemark{\csname#1mark\endcsname{#3}}% - \let\ttl@savewrite\@empty - \def\ttl@savetitle{#3}% - \gdef\thetitle{\csname the#1\endcsname}% - \if@noskipsec \leavevmode \fi - \par - \ttl@labelling{#1}{#2}% - \ttl@startargs\ttl@straight@ii{#1}{#3}} - -% 1:left 2:right 3:before 4:after 5:afterindent 6:name 7:title - -\def\ttl@straight@ii#1#2#3#4#5#6#7{% - \ttl@assign\@tempskipa#3\relax\beforetitleunit - \@ifundefined{ttl@ps@#6}{}% - {\PackageWarning{titlesec}{Page style in straight class ignored}}% - \if@nobreak - \ttl@titlespace{\@tempskipa}% - \else - \@ifundefined{#6break}% - {\addpenalty{\@secpenalty}}% - {\csname#6break\endcsname}% - \addvspace{\@tempskipa}% - \ifdim\bottomtitlespace<\z@ - \else - \begingroup - \@tempskipb\pagegoal - \@tempskipa\pagegoal - \ttl@addstretch % \relax if nobottomtitle* - \advance\@tempskipa-\bottomtitlespace\relax % not a register - \pagegoal\@tempskipa - \def\@textbottom{\vskip\z@\@plus.0001fil}% - \penalty9999 - \pagegoal\@tempskipb - \endgroup - \fi - \fi - \@afterindenttrue - \ifcase#5 \@afterindentfalse\fi - \ttl@assign\@tempskipb#4\relax\aftertitleunit - \ttl@select{#6}{#1}{#2}{#7}% - \ttl@finmarks - \@ifundefined{ttlp@#6}{}{\ttlp@write{#6}}% - \if@noskipsec - \global\@nobreakfalse - \everypar{% - \if@noskipsec - \global\@noskipsecfalse - \clubpenalty\@M - \hskip-\parindent - \begingroup - \@svsechd\unskip{\hspace{\@tempskipb}}% - \endgroup - \else - \clubpenalty\@clubpenalty\everypar{}% - \fi}% - \else - \par\nobreak - \vspace{\@tempskipb}% - \@afterheading - \fi - \ignorespaces} - -% Part class -% ~~~~~~~~~~ - -\providecommand\partmark[1]{\markboth{}{}} - -\def\ttl@part@i#1[#2]#3{% - \gdef\ttl@savemark{\csname#1mark\endcsname{#3}}% - \ifx\ttl@notocparts\@undefined - \def\ttl@savewrite{\ttl@write{#1}{#3}}% Not #2! - \else - \let\ttl@savewrite\@empty - \fi - \def\ttl@savetitle{#3}% - \ttl@labelling{#1}{#2}% - \ttl@startargs\ttl@part@ii{#1}{#3}} - -\def\ttl@part@ii#1#2#3#4#5#6#7{% - \ttl@assign\@tempskipa#3\relax\beforetitleunit - \vspace*{\@tempskipa}% - \@ifundefined{ttl@ps@#6}{}% - {\PackageWarning{titlesec}{Page style in part class ignored}}% - \global\@afterindenttrue - \ifcase#5 \global\@afterindentfalse \fi - \ttl@assign\@tempskipb#4\relax\aftertitleunit - \ttl@select{#6}{#1}{#2}{#7}% - \ttl@finmarks - \@ifundefined{ttlp@#6}{}{\ttlp@write{#6}}% - \par\nobreak - \vspace{\@tempskipb}% - \@afterheading} - -% Page class -% ~~~~~~~~~~ - -\def\ttl@page@i#1[#2]#3{% - \gdef\ttl@savemark{\csname#1mark\endcsname{#3}}% - \ifx\ttl@notocparts\@undefined - \def\ttl@savewrite{\ttl@write{#1}{#3}}% Not #2! - \else - \let\ttl@savewrite\@empty - \fi - \def\ttl@savetitle{#3}% - \ttl@labelling{#1}{#2}% - \ttl@startargs\ttl@page@ii{#1}{#3}} - -\def\ttl@page@ii#1#2#3#4#5#6#7{% - \ttl@assign\@tempskipa#3\relax\beforetitleunit - \if@openright - \cleardoublepage - \else - \clearpage - \fi - \@ifundefined{ttl@ps@#6}% - {\thispagestyle{plain}}% - {\thispagestyle{\@nameuse{ttl@ps@#6}}}% - \if@twocolumn - \onecolumn - \@tempswatrue - \else - \@tempswafalse - \fi - \vspace*{\@tempskipa}% - \@afterindenttrue - \ifcase#5 \@afterindentfalse\fi - \ttl@assign\@tempskipb#4\relax\aftertitleunit - \ttl@select{#6}{#1}{#2}{#7}% - \ttl@finmarks - \@ifundefined{ttlp@#6}{}{\ttlp@write{#6}}% - \vspace{\@tempskipb}% - \newpage - \if@twoside - \if@openright - \null - \@ifundefined{ttl@ps@#6}% - {\thispagestyle{empty}}% - {\thispagestyle{\@nameuse{ttl@ps@#6}}}% - \newpage - \fi - \fi - \if@tempswa - \twocolumn - \fi - \ignorespaces} - -% Top class and some makechapterhead stuff -% ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ -% -% \ttl@mkchap is the new make(s)chapterhead. - -\def\ttl@mkchap#1#2#3#4#5#6#7{% - \gdef\ttl@savemark{\csname#6mark\endcsname{#7}}% - \let\ttl@savewrite\@empty - \let\ttl@Hy@saveanchor\@empty - \@ifundefined{ttl@ps@#6}{}% - {\thispagestyle{\@nameuse{ttl@ps@#6}}}% - \let\ifttl@toclabel\ifttl@label - \ttl@mkchap@i{#1}{#2}{#3}{#4}{#5}{#6}{#7}} - -% But \ttl@mkchap@i is used by both makechapterhead and -% the top class. - -\def\ttl@mkchap@i#1#2#3#4#5#6#7{% - \ttl@assign\@tempskipa#3\relax\beforetitleunit - \vspace*{\@tempskipa}% - \global\@afterindenttrue - \ifcase#5 \global\@afterindentfalse\fi - \ttl@assign\@tempskipb#4\relax\aftertitleunit - \ttl@topmode{\@tempskipb}{% - \ttl@select{#6}{#1}{#2}{#7}}% - \ttl@finmarks % Outside the box! - \@ifundefined{ttlp@#6}{}{\ttlp@write{#6}}} - -\def\ttl@top@i#1[#2]#3{% - \gdef\ttl@savemark{\csname#1mark\endcsname{#3}}% - \let\ttl@savewrite\@empty - \def\ttl@savetitle{#3}% - \ttl@labelling{#1}{#2}% - \ttl@startargs\ttl@top@ii{#1}{#3}} - -\def\ttl@top@ii#1#2#3#4#5#6#7{% - \@ifundefined{#6break}% - {\if@openright - \cleardoublepage - \else - \clearpage - \fi}% - {\csname#6break\endcsname}% - \@ifundefined{ttl@ps@#6}% - {\thispagestyle{plain}}% - {\thispagestyle{\@nameuse{ttl@ps@#6}}}% - \global\@topnum\z@ - \@ifundefined{#6tolists}% - {\addtocontents{lof}{\protect\ttl@tocsep}% - \addtocontents{lot}{\protect\ttl@tocsep}} - {\@nameuse{#6tolists}}% - \if@twocolumn - \@topnewpage[\ttl@mkchap@i{#1}{#2}{#3}{#4}{#5}{#6}{#7}]% - \else - \ttl@mkchap@i{#1}{#2}{#3}{#4}{#5}{#6}{#7}% - \@afterheading - \fi - \ignorespaces} - - -% \def\ttl@noskipsectrue{% -% \if@noskipsec -% \PackageError{titlesec}{Invalid shape for top class}% -% {The selected shape only makes sense when merged into\MessageBreak -% a paragraph. That is impossible in the top class}% -% \else - -\newcommand\chaptertitlename{\@chapapp} -\def\ttl@tocsep{\addvspace{10\p@}} - -% +-----------------+ -% | S H A P E S | -% +-----------------+ -% -% % Reformatting Titles: Interface -% ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ - -% The surrounding space is stored in a macro -% named \ttls@
    whose content is -% {left}{right}{before}{after}{afterindent}. -% But if there is the page key, the name is -% \ttls@
    / - -\newcommand\titlespacing{% - \@ifstar{\ttl@spacing@i{\z@}}{\ttl@spacing@i{\@ne}}} - -\def\ttl@spacing@i#1#2#3#4#5{% - \ttl@getkeys{#2}{titlesec}% - \@ifnextchar[{% - \ttl@spacing@ii{#1}{#3}{#4}{#5}% - }{% - \ttl@spacing@ii{#1}{#3}{#4}{#5}[\z@]}} - -\def\ttl@spacing@ii#1#2#3#4[#5]{% - \expandafter\def\csname ttls@\ttl@a\endcsname - {{#2}{#5}{#3}{#4}{#1}}} - -% The section name is built in \ttl@a. -% The format is stored in a macro named \ttlf@
    , -% or \ttlf@
    / if there is the page spec, -% or \ttlf@.../* if numberless is true -% whose content is -% \ttl@{format}{label}{sep}{before}{after} - -\newtoks\ttl@toksa - -\newcommand\titleformat{% - \@ifstar{\ttl@format@s}% - {\ttl@format@i}} - -\def\ttl@format@s#1#2{% - \edef\ttl@a{\expandafter\@gobble\string#1}% - \@ifundefined{ttlf@\ttl@a}% - {\PackageError{titlesec}{Not allowed in `easy' settings} - {The sectiong command you are trying to redefine\MessageBreak - is not handled by the starred variant (eg, \string\part)}}{} - \expandafter\expandafter\expandafter - \ttl@format@si\csname ttlf@\ttl@a \endcsname - {#2}} - -\def\ttl@format@si#1#2#3#4#5#6#7{% - \@namedef{ttlf@\ttl@a}{#1{#7}{#3}{#4}{#5}{#6}}} - -\def\ttl@format@i#1{% - \@ifnextchar[{\ttl@format@ii{#1}}{\ttl@format@ii{#1}[hang]}} - -\def\ttl@format@ii#1[#2]#3#4#5#6{% - \ttl@getkeys{#1}{titlesec}% - \ttl@toksa{{#3}{#4}{#5}{#6}}% Save arguments - \@ifnextchar[{% - \ttl@format@iii{#2}% - }{% - \ttl@format@iii{#2}[]}} - -% First, we get the shape -- if not defined it loads -% the corresponding file. - -\def\ttl@format@iii#1[#2]{% - \@ifundefined{ttlh@#1}{% - \begingroup - \makeatletter - \InputIfFileExists{#1.tss}{}{% - \PackageError{titlesec}{Unknown shape}% - {Shapes are defined in files with extension tss\MessageBreak - Either you have misspelled the shape\MessageBreak - or there is no a #1.tss file}}% - \endgroup}{}% - \@temptokena{#2}% - \ifttl@explicit - \edef\ttl@b{% - \def\expandafter\noexpand\csname ttlf@\ttl@a\endcsname####1% - {\expandafter\noexpand\csname ttlh@#1\endcsname - \the\ttl@toksa{\the\@temptokena}}}% - \else - \edef\ttl@b{% - \def\expandafter\noexpand\csname ttlf@\ttl@a\endcsname - {\expandafter\noexpand\csname ttlh@#1\endcsname - \the\ttl@toksa{\the\@temptokena}}}% - \fi - \ttl@b - \csname ttl@compat\ttl@a\endcsname} - -% Styles -% ~~~~~~ - -% 1:global 2:label 3:sep 4:style 5:after 6:left 7:right 8:title -% \ttl@ and \ttlh@ take the following eight -% arguments: -% {format}{label}{sep}{before}{after}{left}{right}{title} -% where before and after refer to the format. -% With the option explicit, #4 contains the title and #8 is -% empty. - -\def\ttlh@display#1#2#3#4#5#6#7#8{% - \gdef\ttl@makeline##1{\ttl@calc\hspace{#6}##1\ttl@calc\hspace{#7}}% - \setlength\leftskip{#6}% - \setlength\rightskip{#7}% - \interlinepenalty\@M - \ttl@changecentercr - \ttl@beginlongest - #1\ifhmode\ttl@hmode@error\fi - \ttl@glcmds - \parindent\z@ - \ifttl@label - {#2\strut\@@par}\nobreak\ttl@calc\vspace{#3}% - \fi - #4{#8}% - \kern\z@\strut\@@par - \nobreak\ttl@midlongest#5\@@par - \ttl@endlongest} - -\def\ttlh@hang#1#2#3#4#5#6#7#8{% - \gdef\ttl@makeline##1{\ttl@calc\hspace{#6}##1\ttl@calc\hspace{#7}}% - \setlength\leftskip{#6}% - \setlength\rightskip{#7}% - \interlinepenalty\@M - \ttl@changecentercr - \ttl@beginlongest - #1{\ifhmode\ttl@hmode@error\fi - \ttl@glcmds - \parindent\z@ - \begingroup - \ifttl@label - \noindent - \sbox\z@{#2\strut\ttl@calc\hspace{#3}}% - \hangindent\wd\z@ - \box\z@ - \fi - #4{#8}% - \kern\z@\strut\@@par - \endgroup - \nobreak\ttl@midlongest#5\@@par}% - \ttl@endlongest} - -\def\ttlh@runin#1#2#3#4#5#6#7#8{% - \global\@noskipsectrue - \gdef\ttl@makeline##1{##1}% - \ttl@changecentercr - #1{\ifhmode\ttl@hmode@error\fi - \global\sbox\ttl@box{% - \ttl@calc\hspace{#6}% - \ifttl@label{\strut#2}\ttl@calc\hspace{#3}\fi - #4{#8}#5\unskip}}% - \gdef\@svsechd{\unhbox\ttl@box}} - -% +-----------------+ -% | T O O L S | -% +-----------------+ -% -% calcwidth -% ~~~~~~~~~ -% Implemented after code from soul (but much modified...) - -\newdimen\titlewidth -\newdimen\titlewidthlast -\newdimen\titlewidthfirst - -\let\ttl@glcmds\relax -\let\ttl@beginlongest\@empty -\let\ttl@midlongest\@empty -\let\ttl@endlongest\@empty -\let\iftitlemeasuring\@secondoftwo - -\def\ttl@xbeginlongest#1\ttl@endlongest{% - \titlewidth\z@ - \titlewidthlast\z@ - \let\iftitlemeasuring\@firstoftwo - \setbox\ttl@box\vbox{% - \def\ttl@glcmds{% - \def\\{\@ifstar{\@ifnextchar[{\ttl@bs}{\newline}}% - {\@ifnextchar[{\ttl@bs}{\newline}}}% - \def\ttl@bs[####1]{\newline}% - \let\@centercr\\% - \def\ttl@midlongest####1\@@par{}% Very dirty... - \advance\rightskip 1\leftskip plus 1fil - \leftskip=\z@}% - #1}% - \let\iftitlemeasuring\@secondoftwo - \ttl@boxprocess - #1} - -\def\ttl@boxprocess{% - \setbox\ttl@box=\vbox{% - \unvcopy\ttl@box - \unskip\unpenalty - \global\setbox\@ne=\lastbox}% - \ifvoid\@ne - \else - \setbox\tw@=\hbox{\hskip-\leftskip\unhbox\@ne\hskip-\rightskip}% - \titlewidthfirst\wd\tw@ - \ifdim\titlewidth<\titlewidthfirst - \titlewidth\titlewidthfirst - \fi - \ifdim\titlewidthlast=\z@ - \titlewidthlast\titlewidthfirst - \fi - \expandafter\ttl@boxprocess - \fi} - -% Rules -% ~~~~~ - -\providecommand\titleline{% - \@ifstar{\ttl@line@i{\hb@xt@\titlewidth}}% - {\ttl@line@i{}}} - -\def\ttl@line@i#1{% - \@ifnextchar[{\ttl@line{#1}}{\ttl@line{#1}[s]}} - -\def\ttl@line#1[#2]#3{% - \vskip\topskip - \hrule \@height \z@ - \nobreak - \vskip-\topskip - \begingroup - \parindent\z@ - \everypar{}% - \leftskip\z@ - \rightskip\z@ % #1 is either \hb@xt@\titlewidth or empty: - \@makebox[\hsize][#2]{\ttl@makeline{#1{#3}}}% - \par - \endgroup - \hrule height \z@ - \nobreak} - -\providecommand\titlerule{\@ifstar{\ttl@row}{\ttl@rule}} - -\let\ttl@leaders\xleaders % For titletoc compatibility - -\def\ttl@row{\@ifnextchar[{\ttl@row@i}{\ttl@row@i[\wd\z@]}} -\def\ttl@row@i[#1]#2{% - \ifvmode\expandafter\titleline\fi - {\sbox\z@{#2}% - \ttl@calcneg\hspace{#1}% - \hskip\wd\z@ - \ttl@leaders\hb@xt@#1{\hss\box\z@}% - \hfill\kern\z@}} - -\def\ttl@rule{\@ifnextchar[{\ttl@rule@i}{\ttl@rule@i[.4\p@]}} -\def\ttl@rule@i[#1]{% - \ifvmode\expandafter\titleline\fi - {\leaders\hrule height #1\hfill\kern\z@}} - -% Par shapes and space -% ~~~~~~~~~~~~~~~~~~~~ - -\providecommand\filright{% - \gdef\ttl@filleft##1{\hskip##1}% - \gdef\ttl@filright##1{\hfill}% - \let\\\@centercr - \advance\rightskip\z@ \@plus 1fil\relax} -\providecommand\filleft{% - \gdef\ttl@filleft##1{\hfill}% - \gdef\ttl@filright##1{\hskip##1}% - \let\\\@centercr - \advance\leftskip\z@ \@plus 1fil - \parfillskip\z@} -\providecommand\filcenter{\filleft\filright - \gdef\ttl@filleft##1{\hfill}} -\providecommand\fillast{% - \gdef\ttl@filleft##1{\hfill}% - \gdef\ttl@filright##1{\hfill}% - \let\\\@centercr - \filleft\advance\rightskip\z@ \@plus -1fil - \parfillskip\z@ \@plus 2fil\relax} -\newcommand\filinner{% - \if@twoside - \ifodd\count\z@\filleft\else\filright\fi - \else - \filleft - \fi} -\newcommand\filouter{% - \if@twoside - \ifodd\count\z@\filright\else\filleft\fi - \else - \filright - \fi} - -\newcommand\wordsep{\fontdimen\tw@\font \@plus - \fontdimen\thr@@\font \@minus \fontdimen4\font} - -% +-----------------+ -% | O P T I O N S | -% +-----------------+ - - -\DeclareOption{pagestyles}{\let\sectiontitle\@empty} -\DeclareOption{extramarks}{\let\ttl@fetchmark\@empty} -\DeclareOption{floatps}{% - \ifx\sectiontitle\@empty - \let\ttl@replace\space - \else - \PackageWarning{titlesec}{Ignoring `floatps' without - `pagestyles'. This option is now deprecated.}% - \fi} -\DeclareOption{psfloats}{% - \ifx\sectiontitle\@empty - \let\ttl@replace\@empty - \else - \PackageWarning{titlesec}{Ignoring `psfloats' without - `pagestyles'}% - \fi} - -\DeclareOption{loadonly}{\let\ttl@extract\@empty} - -\DeclareOption{outermarks}{% - \def\ttl@titlemarks{\outertitlemarks}} -\DeclareOption{topmarks}{ - \def\ttl@titlemarks{\toptitlemarks}} -\DeclareOption{botmarks}{% - \def\ttl@titlemarks{\bottitlemarks}} -\DeclareOption{innermarks}{% - \def\ttl@titlemarks{\innertitlemarks}} - -\DeclareOption{footmarks}{} % Backward compat - -\DeclareOption{explicit}{\ttl@explicittrue} - -\DeclareOption{clearempty}{% - \def\cleardoublepage{% - \clearpage{\ps@empty\if@twoside\ifodd\c@page\else - \hbox{}\newpage\if@twocolumn\hbox{}\newpage\fi\fi\fi}}} - -\DeclareOption{rigidchapters}{% - \def\ttl@topmode#1#2{\vbox to #1{#2\vfil}}% - \def\ttl@chapafter{.26\textheight}} -\DeclareOption{rubberchapters}{% - \def\ttl@topmode#1#2{{#2}\ttl@calc\vspace{#1}}% - \def\ttl@chapafter{40\p@}} - -\DeclareOption{bottomtitles}{% - \def\bottomtitlespace{-1\p@}} -\DeclareOption{nobottomtitles}{% - \def\bottomtitlespace{.2\textheight}} -\DeclareOption{nobottomtitles*}{% - \let\ttl@addstretch\relax - \def\bottomtitlespace{.2\textheight}} - -\DeclareOption{calcwidth}{% - \let\ttl@beginlongest\ttl@xbeginlongest} - -\DeclareOption{aftersep}{% - \let\ttl@titlespace\@gobble} -\DeclareOption{largestsep}{% - \let\ttl@titlespace\addvspace} - -\DeclareOption{oldparttoc}{% - \def\ttl@tocpart{\def\ttl@a{\thepart\hspace{1em}}}} -\DeclareOption{newparttoc}{% - \let\ttl@tocpart\relax} -\DeclareOption{notocpart*}{% - \let\ttl@notocparts\@empty} - -\DeclareOption{rm}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\rmfamily}} -\DeclareOption{sf}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\sffamily}} -\DeclareOption{tt}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\ttfamily}} -\DeclareOption{md}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\mdseries}} -\DeclareOption{bf}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\bfseries}} -\DeclareOption{up}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\upshape}} -\DeclareOption{it}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\itshape}} -\DeclareOption{sl}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\slshape}} -\DeclareOption{sc}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\scshape}} - -\DeclareOption{big}{% - \gdef\ttl@sizes#1{\ifcase#1\relax\Huge\or\Large\or\large - \or\normalsize\or\or\or\huge\fi}} -\DeclareOption{medium}{% - \gdef\ttl@sizes#1{\ifcase#1\relax\huge\or\Large\or\large - \or\normalsize\or\or\or\LARGE\fi}} -\DeclareOption{small}{% - \gdef\ttl@sizes#1{\ifcase#1\relax\LARGE\or\large - \or\normalsize\or\normalsize\or\or\or\Large\fi}} -\DeclareOption{tiny}{% - \gdef\ttl@sizes#1{\ifcase#1\relax\large\or\normalsize\or - \normalsize\or\normalsize\or\or\or\normalsize\fi}} - -\DeclareOption{raggedleft}{% - \gdef\ttl@fil{\filleft}} -\DeclareOption{center}{% - \gdef\ttl@fil{\filcenter}} -\DeclareOption{raggedright}{% - \gdef\ttl@fil{\filright}} - -\DeclareOption{uppercase}{% - \gdef\ttl@case{\MakeUppercase}} - -\DeclareOption{compact}{% - \gdef\ttl@space{1}% - \gdef\ttl@chapafter{30\p@}} - -% Deprecated. To be remmoved in a major upgrade (3.0) -\DeclareOption{indentfirst}{% - \gdef\@afterindentfalse{\let\if@afterindent\iftrue}% - \@afterindenttrue - \def\titlespacing{% - \@ifstar{\ttl@spacing@i{\@ne}}{\ttl@spacing@i{\@ne}}}} -\DeclareOption{nonindentfirst}{% - \def\titlespacing{% - \@ifstar{\ttl@spacing@i{\z@}}{\ttl@spacing@i{\z@}}}} - -% New names -\DeclareOption{indentafter}{% - \gdef\@afterindentfalse{\let\if@afterindent\iftrue}% - \@afterindenttrue - \def\titlespacing{% - \@ifstar{\ttl@spacing@i{\@ne}}{\ttl@spacing@i{\@ne}}}} -\DeclareOption{noindentafter}{% - \def\titlespacing{% - \@ifstar{\ttl@spacing@i{\z@}}{\ttl@spacing@i{\z@}}}} - -% newlinetospace -\let\ttl@blinemarks\relax -\let\ttl@elinemarks\relax - -\DeclareRobustCommand\ttl@linetosp{% - \@ifstar{\ttl@linetosp@i}{\ttl@linetosp@i}}% - -\def\ttl@linetosp@i{% - \ifdim\lastskip>\z@\else\space\fi - \ignorespaces} - -\DeclareOption{newlinetospace}{% - \def\ttl@blinemarks{% - \let\ttl@e\\% - \def\\{\ttl@linetosp}}% - \def\ttl@elinemarks{\let\\\ttl@e}}% - -% toctitles -\def\ttl@addcontentsline#1#2{% - \addcontentsline{toc}{#1}{\ifttl@toclabel\ttl@a\fi#2}% - \nobreak} - -\DeclareOption{toctitles}{% - \def\ttl@addcontentsline#1#2{% - \addcontentsline{toc}{#1}{\ifttl@toclabel\ttl@a\fi\ttl@savetitle}% - \nobreak}} - -% pageatnewline - -\def\ttl@changecentercr{% - \let\ttl@centercr\@centercr - \def\@centercr{\@ifstar{\ttl@centercr*}{\ttl@centercr*}}} - -\DeclareOption{pageatnewline}{\let\ttl@changecentercr\relax} - -\def\ttl@fonts{} - -\ExecuteOptions{rubberchapters,bottomtitles,aftersep,oldparttoc,% - innermarks} - -\ProcessOptions - -% +-----------------+ -% | H Y P E R R E F | -% +-----------------+ -% -% These two commands are provided by hyperref. But if they -% are not defined at \begin{document} hyperref has not been -% loaded or it is an old version. - -\AtBeginDocument{% - \ifx\ttl@Hy@steplink\@undefined - \let\ttl@Hy@steplink\@gobble - \let\ttl@Hy@refstepcounter\refstepcounter - \fi} - -% +-----------------+ -% | PAGE STYLES | -% +-----------------+ -% -% This is generic: - -\newcommand\assignpagestyle[2]{% - \@namedef{ttl@ps@\expandafter\@gobble\string#1}{#2}} - -% Old pagestyles -% ~~~~~~~~~~~~~~ - -\providecommand\newpagestyle{% - \let\ttl@compatps\@empty % marks the ``old interface'' - \makeatletter - \edef\ttl@d{% - \noexpand\input{ttlps.def}% - \catcode`\noexpand\@=\the\catcode`\@}% - \ttl@d - \newpagestyle} - -\providecommand\renewpagestyle{% - \let\ttl@compatps\@empty % marks the ``old interface'' - \makeatletter - \edef\ttl@d{% - \noexpand\input{ttlps.def}% - \catcode`\noexpand\@=\the\catcode`\@}% - \ttl@d - \renewpagestyle} - -\providecommand\widenhead{% - \let\ttl@compatps\@empty % marks the ``old interface'' - \makeatletter - \edef\ttl@d{% - \noexpand\input{ttlps.def}% - \catcode`\noexpand\@=\the\catcode`\@}% - \ttl@d - \widenhead} - -% New pagestyles -% ~~~~~~~~~~~~~~ - -\@ifundefined{sectiontitle}{}{\input{ttlps.def}} - -% +-----------------+ -% | C O M P A T | -% +-----------------+ -% Easy setup, i.e., that of package options, is -% taken care of, if necessary. - -\renewcommand\secdef[2]{% - \@ifstar - {\ttl@labelfalse - #2} - {\ttl@labeltrue - \ifx#1\@chapter - \if@mainmatter\else\ttl@labelfalse\fi - \ifnum\ttll@chapter>\c@secnumdepth\ttl@labelfalse\fi - \else\ifx#1\@part - \ifnum\ttll@part>\c@secnumdepth\ttl@labelfalse\fi - \fi\fi - \let\ifttl@toclabel\ifttl@label - \@dblarg{#1}}} - -\@ifundefined{ttl@extract}{}{\endinput} - -\newcommand\titlelabel[1]{% - \def\@seccntformat##1{#1}} - -\expandafter\ifx\csname chapter\endcsname\relax - - \def\ttl@compatpart{\titleclass{\part}{part}\relax} - -\else - - \def\ttl@compatchapter{% - \def\@makechapterhead{% - \ttl@labeltrue - \if@mainmatter\else\ttl@labelfalse\fi - \ifnum\ttll@chapter>\c@secnumdepth\ttl@labelfalse\fi - \ttl@startargs\ttl@mkchap{chapter}}% - \def\@makeschapterhead{% - \ttl@labelfalse - \if@mainmatter\else\ttl@labelfalse\fi - \ifnum\ttll@chapter>\c@secnumdepth\ttl@labelfalse\fi - \ttl@startargs\ttl@mkchap{chapter}}} - - \def\ttl@compatpart{\titleclass{\part}{page}\relax} - -\fi - -\def\ttl@@extract#1\@startsection#2#3#4#5#6#7#8{% - \@tempskipa=#5 - \@tempskipb=#6 - \ifdim\@tempskipa<\z@ - \toks@{\titlespacing*#8{#4}}% - \@tempskipa-\@tempskipa - \else - \toks@{\titlespacing#8{#4}}% - \fi - \@ifundefined{ttl@space}{}{% - \ttl@assign\@tempskipa*\ttl@space\relax\beforetitleunit}% - \ifdim\@tempskipb<\z@ - \if@tempswa - \titleformat#8[runin]% - {\ttl@fonts\ttl@sizes{#3}}{\@seccntformat{#2}}% - {\z@}\ttl@passexplicit - \else - \titleformat#8[runin]% - {#7}{\@seccntformat{#2}}% - {\z@}\ttl@passexplicit - \fi - \@tempskipb-\@tempskipb - \else - \if@tempswa - \titleformat#8% - {\ttl@fil\ttl@fonts\ttl@sizes{#3}}{\@seccntformat{#2}}% - {\z@}\ttl@passexplicit - \else - \titleformat#8% - {#7}{\@seccntformat{#2}}% - {\z@}\ttl@passexplicit - \fi - \@ifundefined{ttl@space}{}{% - \ttl@assign\@tempskipb*\ttl@space\relax\aftertitleunit}% - \fi - \edef\ttl@a{\the\toks@{\the\@tempskipa}{\the\@tempskipb}} - \ttl@a} - -\def\ttl@extract#1{% - \expandafter\in@\expandafter\@startsection\expandafter{#1}% - \ifin@ - \expandafter\ttl@@extract#1#1% - \else - \PackageWarningNoLine{titlesec}% - {Non standard sectioning command detected\MessageBreak - Using default spacing and no format} - \titlespacing*#1{\z@}{*3}{*2}% - \fi} - -\@tempswafalse - -\ifx\ttl@fonts\@empty - \def\ttl@fonts{\bfseries} -\else - \@tempswatrue -\fi - -\expandafter\ifx\csname ttl@sizes\endcsname\relax - \gdef\ttl@sizes#1{\ifcase#1\relax\Huge\or\Large\or\large - \or\normalsize\or\or\or\huge\fi} -\else - \@tempswatrue -\fi - -\expandafter\ifx\csname ttl@fil\endcsname\relax - \let\ttl@fil\@empty -\else - \@tempswatrue -\fi - -\expandafter\ifx\csname ttl@case\endcsname\relax - \let\ttl@case\@firstofone -\else - \@tempswatrue -\fi - -\if@tempswa - - \expandafter\ifx\csname chapter\endcsname\relax\else - \titleformat\chapter[display]% - {\@ifundefined{ttl@fil}{\raggedright}{\ttl@fil}\ttl@fonts\ttl@sizes6} - {\@chapapp\space\thechapter}{.8\baselineskip}{\ttl@sizes\z@\ttl@passexplicit} - \fi - -\fi - -\ttl@extract\section -\ttl@extract\subsection -\ttl@extract\subsubsection -\ttl@extract\paragraph -\ttl@extract\subparagraph - -\let\ttl@extract\@undefined -\let\ttl@@extract\@undefined - -\def\ttl@toplevel{part} - -\expandafter\ifx\csname chapter\endcsname\relax - - \@namedef{ttll@part}{0} - \titleclass{\section}{straight}[\part] - - \titlespacing*{\part} - {\z@} - {4ex} - {3ex} - -\else - - \let\ttl@save@mkchap\@makechapterhead - \let\ttl@save@mkschap\@makeschapterhead - - \def\@makechapterhead#1{% - \gdef\ttl@savemark{\chaptermark{#1}}% - \ttl@save@mkchap{#1}% - \@ifundefined{ttl@ps@chapter}{}% - {\thispagestyle{\@nameuse{ttl@ps@chapter}}}} - - \def\@makeschapterhead#1{% - \gdef\ttl@savemark{\chaptermark{#1}}% - \ttl@save@mkschap{#1}% - \@ifundefined{ttl@ps@chapter}{}% - {\thispagestyle{\@nameuse{ttl@ps@chapter}}}} - - \@namedef{ttll@part}{-1} - \@namedef{ttlss@part}{chapter} - \@namedef{ttll@chapter}{0} - \titleclass{\section}{straight}[\chapter] - -% The following is unoperant, unless when \chapter / \part -% format is redefined - - \titlespacing*{\part} - {\z@} - {\z@\@plus1fil} - {\z@\@plus1fil} - - \titlespacing*\chapter - {\z@}% - {50\p@}% - {\ttl@chapafter}% - -\fi - -\titleclass{\subsection} {straight}[\section] -\titleclass{\subsubsection}{straight}[\subsection] -\titleclass{\paragraph} {straight}[\subsubsection] -\titleclass{\subparagraph} {straight}[\paragraph] - -\endinput diff --git a/docs/NARK/Resources/texmf-local/texmf-local/web2c/texmf.cnf b/docs/NARK/Resources/texmf-local/texmf-local/web2c/texmf.cnf deleted file mode 100755 index 43893caf3..000000000 --- a/docs/NARK/Resources/texmf-local/texmf-local/web2c/texmf.cnf +++ /dev/null @@ -1,23 +0,0 @@ -% (Public domain.) -% This texmf.cnf file should contain only your personal changes from the -s% original texmf.cnf (for example, as chosen in the installer). -% -% That is, if you need to make changes to texmf.cnf, put your custom -% settings in this file, which is .../texlive/YYYY/texmf.cnf, rather than -% the distributed file (which is .../texlive/YYYY/texmf-dist/web2c/texmf.cnf). -% And include *only* your changed values, not a copy of the whole thing! -% -openout_any = a -shell_escape = t - -% TEXMFHOME is for any user-specific customizations -% -- This is NOT the place for Methods customizations -% -- Customizations in the $TEXMFHOME directory are only for the specific user -TEXMFHOME = ~/.texmf - -% The default is for each user to have a separate location for the junk variables that are created on-the-fly; this can result in a hard-to-find pileup of junk across multiple users, so let's have a common location for all users: -TEXMFVAR = /usr/local/texlive/texmf-var -TEXMFCONFIG = /usr/local/texlive/texmf-config - -TEXMFMETHODS = /usr/local/texlive/texmf-local # Links should be created upon setup of TeXLive -TEXMF = {$TEXMFMETHODS,$TEXMFCONFIG,$TEXMFVAR,$TEXMFHOME,!!$TEXMFSYSCONFIG,!!$TEXMFSYSVAR,!!$TEXMFMAIN,!!$TEXMFLOCAL,!!$TEXMFDIST} diff --git a/docs/NARK/Resources/texmf-local/web2c/texmf.cnf b/docs/NARK/Resources/texmf-local/web2c/texmf.cnf deleted file mode 100755 index 43893caf3..000000000 --- a/docs/NARK/Resources/texmf-local/web2c/texmf.cnf +++ /dev/null @@ -1,23 +0,0 @@ -% (Public domain.) -% This texmf.cnf file should contain only your personal changes from the -s% original texmf.cnf (for example, as chosen in the installer). -% -% That is, if you need to make changes to texmf.cnf, put your custom -% settings in this file, which is .../texlive/YYYY/texmf.cnf, rather than -% the distributed file (which is .../texlive/YYYY/texmf-dist/web2c/texmf.cnf). -% And include *only* your changed values, not a copy of the whole thing! -% -openout_any = a -shell_escape = t - -% TEXMFHOME is for any user-specific customizations -% -- This is NOT the place for Methods customizations -% -- Customizations in the $TEXMFHOME directory are only for the specific user -TEXMFHOME = ~/.texmf - -% The default is for each user to have a separate location for the junk variables that are created on-the-fly; this can result in a hard-to-find pileup of junk across multiple users, so let's have a common location for all users: -TEXMFVAR = /usr/local/texlive/texmf-var -TEXMFCONFIG = /usr/local/texlive/texmf-config - -TEXMFMETHODS = /usr/local/texlive/texmf-local # Links should be created upon setup of TeXLive -TEXMF = {$TEXMFMETHODS,$TEXMFCONFIG,$TEXMFVAR,$TEXMFHOME,!!$TEXMFSYSCONFIG,!!$TEXMFSYSVAR,!!$TEXMFMAIN,!!$TEXMFLOCAL,!!$TEXMFDIST} diff --git a/docs/NARK/texmf-local/LICENSE b/docs/NARK/texmf-local/LICENSE deleted file mode 100644 index 261eeb9e9..000000000 --- a/docs/NARK/texmf-local/LICENSE +++ /dev/null @@ -1,201 +0,0 @@ - Apache License - Version 2.0, January 2004 - http://www.apache.org/licenses/ - - TERMS AND CONDITIONS FOR USE, REPRODUCTION, AND DISTRIBUTION - - 1. Definitions. - - "License" shall mean the terms and conditions for use, reproduction, - and distribution as defined by Sections 1 through 9 of this document. - - "Licensor" shall mean the copyright owner or entity authorized by - the copyright owner that is granting the License. - - "Legal Entity" shall mean the union of the acting entity and all - other entities that control, are controlled by, or are under common - control with that entity. For the purposes of this definition, - "control" means (i) the power, direct or indirect, to cause the - direction or management of such entity, whether by contract or - otherwise, or (ii) ownership of fifty percent (50%) or more of the - outstanding shares, or (iii) beneficial ownership of such entity. - - "You" (or "Your") shall mean an individual or Legal Entity - exercising permissions granted by this License. - - "Source" form shall mean the preferred form for making modifications, - including but not limited to software source code, documentation - source, and configuration files. - - "Object" form shall mean any form resulting from mechanical - transformation or translation of a Source form, including but - not limited to compiled object code, generated documentation, - and conversions to other media types. - - "Work" shall mean the work of authorship, whether in Source or - Object form, made available under the License, as indicated by a - copyright notice that is included in or attached to the work - (an example is provided in the Appendix below). - - "Derivative Works" shall mean any work, whether in Source or Object - form, that is based on (or derived from) the Work and for which the - editorial revisions, annotations, elaborations, or other modifications - represent, as a whole, an original work of authorship. For the purposes - of this License, Derivative Works shall not include works that remain - separable from, or merely link (or bind by name) to the interfaces of, - the Work and Derivative Works thereof. - - "Contribution" shall mean any work of authorship, including - the original version of the Work and any modifications or additions - to that Work or Derivative Works thereof, that is intentionally - submitted to Licensor for inclusion in the Work by the copyright owner - or by an individual or Legal Entity authorized to submit on behalf of - the copyright owner. For the purposes of this definition, "submitted" - means any form of electronic, verbal, or written communication sent - to the Licensor or its representatives, including but not limited to - communication on electronic mailing lists, source code control systems, - and issue tracking systems that are managed by, or on behalf of, the - Licensor for the purpose of discussing and improving the Work, but - excluding communication that is conspicuously marked or otherwise - designated in writing by the copyright owner as "Not a Contribution." - - "Contributor" shall mean Licensor and any individual or Legal Entity - on behalf of whom a Contribution has been received by Licensor and - subsequently incorporated within the Work. - - 2. Grant of Copyright License. Subject to the terms and conditions of - this License, each Contributor hereby grants to You a perpetual, - worldwide, non-exclusive, no-charge, royalty-free, irrevocable - copyright license to reproduce, prepare Derivative Works of, - publicly display, publicly perform, sublicense, and distribute the - Work and such Derivative Works in Source or Object form. - - 3. Grant of Patent License. Subject to the terms and conditions of - this License, each Contributor hereby grants to You a perpetual, - worldwide, non-exclusive, no-charge, royalty-free, irrevocable - (except as stated in this section) patent license to make, have made, - use, offer to sell, sell, import, and otherwise transfer the Work, - where such license applies only to those patent claims licensable - by such Contributor that are necessarily infringed by their - Contribution(s) alone or by combination of their Contribution(s) - with the Work to which such Contribution(s) was submitted. If You - institute patent litigation against any entity (including a - cross-claim or counterclaim in a lawsuit) alleging that the Work - or a Contribution incorporated within the Work constitutes direct - or contributory patent infringement, then any patent licenses - granted to You under this License for that Work shall terminate - as of the date such litigation is filed. - - 4. Redistribution. You may reproduce and distribute copies of the - Work or Derivative Works thereof in any medium, with or without - modifications, and in Source or Object form, provided that You - meet the following conditions: - - (a) You must give any other recipients of the Work or - Derivative Works a copy of this License; and - - (b) You must cause any modified files to carry prominent notices - stating that You changed the files; and - - (c) You must retain, in the Source form of any Derivative Works - that You distribute, all copyright, patent, trademark, and - attribution notices from the Source form of the Work, - excluding those notices that do not pertain to any part of - the Derivative Works; and - - (d) If the Work includes a "NOTICE" text file as part of its - distribution, then any Derivative Works that You distribute must - include a readable copy of the attribution notices contained - within such NOTICE file, excluding those notices that do not - pertain to any part of the Derivative Works, in at least one - of the following places: within a NOTICE text file distributed - as part of the Derivative Works; within the Source form or - documentation, if provided along with the Derivative Works; or, - within a display generated by the Derivative Works, if and - wherever such third-party notices normally appear. The contents - of the NOTICE file are for informational purposes only and - do not modify the License. You may add Your own attribution - notices within Derivative Works that You distribute, alongside - or as an addendum to the NOTICE text from the Work, provided - that such additional attribution notices cannot be construed - as modifying the License. - - You may add Your own copyright statement to Your modifications and - may provide additional or different license terms and conditions - for use, reproduction, or distribution of Your modifications, or - for any such Derivative Works as a whole, provided Your use, - reproduction, and distribution of the Work otherwise complies with - the conditions stated in this License. - - 5. Submission of Contributions. Unless You explicitly state otherwise, - any Contribution intentionally submitted for inclusion in the Work - by You to the Licensor shall be under the terms and conditions of - this License, without any additional terms or conditions. - Notwithstanding the above, nothing herein shall supersede or modify - the terms of any separate license agreement you may have executed - with Licensor regarding such Contributions. - - 6. Trademarks. This License does not grant permission to use the trade - names, trademarks, service marks, or product names of the Licensor, - except as required for reasonable and customary use in describing the - origin of the Work and reproducing the content of the NOTICE file. - - 7. Disclaimer of Warranty. Unless required by applicable law or - agreed to in writing, Licensor provides the Work (and each - Contributor provides its Contributions) on an "AS IS" BASIS, - WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or - implied, including, without limitation, any warranties or conditions - of TITLE, NON-INFRINGEMENT, MERCHANTABILITY, or FITNESS FOR A - PARTICULAR PURPOSE. You are solely responsible for determining the - appropriateness of using or redistributing the Work and assume any - risks associated with Your exercise of permissions under this License. - - 8. Limitation of Liability. In no event and under no legal theory, - whether in tort (including negligence), contract, or otherwise, - unless required by applicable law (such as deliberate and grossly - negligent acts) or agreed to in writing, shall any Contributor be - liable to You for damages, including any direct, indirect, special, - incidental, or consequential damages of any character arising as a - result of this License or out of the use or inability to use the - Work (including but not limited to damages for loss of goodwill, - work stoppage, computer failure or malfunction, or any and all - other commercial damages or losses), even if such Contributor - has been advised of the possibility of such damages. - - 9. Accepting Warranty or Additional Liability. While redistributing - the Work or Derivative Works thereof, You may choose to offer, - and charge a fee for, acceptance of support, warranty, indemnity, - or other liability obligations and/or rights consistent with this - License. However, in accepting such obligations, You may act only - on Your own behalf and on Your sole responsibility, not on behalf - of any other Contributor, and only if You agree to indemnify, - defend, and hold each Contributor harmless for any liability - incurred by, or claims asserted against, such Contributor by reason - of your accepting any such warranty or additional liability. - - END OF TERMS AND CONDITIONS - - APPENDIX: How to apply the Apache License to your work. - - To apply the Apache License to your work, attach the following - boilerplate notice, with the fields enclosed by brackets "[]" - replaced with your own identifying information. (Don't include - the brackets!) The text should be enclosed in the appropriate - comment syntax for the file format. We also recommend that a - file or class name and description of purpose be included on the - same "printed page" as the copyright notice for easier - identification within third-party archives. - - Copyright [yyyy] [name of copyright owner] - - Licensed under the Apache License, Version 2.0 (the "License"); - you may not use this file except in compliance with the License. - You may obtain a copy of the License at - - http://www.apache.org/licenses/LICENSE-2.0 - - Unless required by applicable law or agreed to in writing, software - distributed under the License is distributed on an "AS IS" BASIS, - WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied. - See the License for the specific language governing permissions and - limitations under the License. diff --git a/docs/NARK/texmf-local/README.md b/docs/NARK/texmf-local/README.md deleted file mode 100644 index 6a17b4bb5..000000000 --- a/docs/NARK/texmf-local/README.md +++ /dev/null @@ -1,3 +0,0 @@ -# texmf-local contains customizations of LaTeX - -CDC private version of texmf-local, used across all systems diff --git a/docs/NARK/texmf-local/bibtex/bib/econark.bib b/docs/NARK/texmf-local/bibtex/bib/econark.bib deleted file mode 100644 index a392dfda3..000000000 --- a/docs/NARK/texmf-local/bibtex/bib/econark.bib +++ /dev/null @@ -1,3 +0,0 @@ -,-------------------. -| BIBTEX ENTRIES | -`-------------------' diff --git a/docs/NARK/texmf-local/bibtex/bib/economics.bib b/docs/NARK/texmf-local/bibtex/bib/economics.bib deleted file mode 100644 index a1832aaf5..000000000 --- a/docs/NARK/texmf-local/bibtex/bib/economics.bib +++ /dev/null @@ -1,23486 +0,0 @@ -% -*- mode: BibTeX; TeX-PDF-mode: t; -*- # Tell emacs the file type (for syntax coloring) - -,-------------------. -| BIBTEX ENTRIES | -`-------------------' - -@article{wangTaoPerceived, -author={Tao Wang}, -title={Perceived versus Calibrated Income Risks in Heterogeneous-Agent Consumption Models}, -journal={Job Market Paper, Johns Hopkins University}, -year={2024} -} - -@article{flExpenseShocks, -author={Scott Fulford and David Low}, -title={Expense Shocks Matter}, -journal={Working Paper}, -year={2024}, -volume={}, -pages={} -} - -@article{akerlof1985near, - title={A near-rational model of the business cycle, with wage and price inertia}, - author={Akerlof, George A and Yellen, Janet L}, - journal={The Quarterly Journal of Economics}, - volume={100}, - number={Supplement}, - pages={823--838}, - year={1985}, - publisher={MIT Press} -} -@article{cochrane1989sensitivity, - title={The Sensitivity of Tests of the Intertemporal Allocation of Consumption to Near-Rational Alternatives}, - author={Cochrane, John H}, - journal={The American Economic Review}, - pages={319--337}, - year={1989}, - publisher={JSTOR} -} -@article{bcShocksStocks, -author = {Browning, Martin and Crossley, Thomas F.}, -title = {Shocks, Stocks, and Socks: Smoothing Consumption Over a Temporary Income Loss}, -journal = {Journal of the European Economic Association}, -volume = {7}, -number = {6}, -pages = {1169-1192}, -doi = {https://doi.org/10.1162/JEEA.2009.7.6.1169}, -url = {https://onlinelibrary.wiley.com/doi/abs/10.1162/JEEA.2009.7.6.1169}, -eprint = {https://onlinelibrary.wiley.com/doi/pdf/10.1162/JEEA.2009.7.6.1169}, -abstract = {Abstract We investigate how households in temporarily straitened circumstances due to an unemployment spell cut back on expenditures and how they spend marginal dollars of unemployment insurance (UI) benefit. Our theoretical and empirical analyses emphasize the importance of allowing for the fact that households buy durable as well as non-durable goods. The theoretical analysis shows that in the short run households can cut back significantly on total expenditures without a significant fall in welfare if they concentrate their budget reductions on durables. We then present an empirical analysis based on a Canadian survey of workers who experienced a job separation. Exploiting changes in the unemployment insurance system over our sample period we show that cuts in UI benefits lead to reductions in total expenditure with a stronger impact on clothing than on food expenditures. Our empirical strategy allows that these expenditures may be non-separable from employment status. The effects we find are particularly strong for households with no liquid assets before the spell started. These qualitative findings are in precise agreement with the theoretical predictions. (JEL: D11, D12, D91, J65)}, -year = {2009} -} - -@article{parker2017don, - title={Why don't households smooth consumption? Evidence from a {\$25} million experiment}, - author={Parker, Jonathan A}, - journal={American Economic Journal: Macroeconomics}, - volume={9}, - number={4}, - pages={153--183}, - year={2017}, - publisher={American Economic Association 2014 Broadway, Suite 305, Nashville, TN 37203-2425} -} - -@article{coenen2012effects, - title={Effects of fiscal stimulus in structural models}, - author={Coenen, G{\"u}nter and Erceg, Christopher J and Freedman, Charles and Furceri, Davide and Kumhof, Michael and Lalonde, Ren{\'e} and Laxton, Douglas and Lind{\'e}, Jesper and Mourougane, Annabelle and Muir, Dirk and others}, - journal={American Economic Journal: Macroeconomics}, - volume={4}, - number={1}, - pages={22--68}, - year={2012}, - publisher={American Economic Association} -} - -@article{bayercoronavirus, - title={The Coronavirus Stimulus Package: How Large is the Transfer Multiplier?}, - author={Bayer, Christian and Born, Benjamin and Luetticke, Ralph and M{\"u}ller, Gernot J}, - journal={The Economic Journal}, - year={2023}, - doi={https://doi.org/10.1093/ej/uead003} -} - -@article{mckay2016role, - title={The role of automatic stabilizers in the US business cycle}, - author={McKay, Alisdair and Reis, Ricardo}, - journal={Econometrica}, - volume={84}, - number={1}, - pages={141--194}, - year={2016}, - publisher={Wiley Online Library} -} - -@article{mckay2021optimal, - title={Optimal automatic stabilizers}, - author={McKay, Alisdair and Reis, Ricardo}, - journal={The Review of Economic Studies}, - volume={88}, - number={5}, - pages={2375--2406}, - year={2021}, - publisher={Oxford University Press} -} - -@techreport{hagedorn2019unemployment, - title={Unemployment Benefits and Unemployment in the Great Recession: The Role of Macro Effects}, - author={Hagedorn, Marcus and Karahan, Fatih and Manovskii, Iourii and Mitman, Kurt}, - year={2019}, - note={Working paper} -} - -@techreport{hagedorn2017impact, - title={The Impact of Unemployment Benefit Extensions on Employment: The 2014 Employment Miracle?}, - author={Hagedorn, Marcus and Manovskii, Iourii and Mitman, Kurt}, - year={2017}, - note={Working paper} -} - -@techreport{chodorow2016limited, - title={The limited macroeconomic effects of unemployment benefit extensions}, - author={Chodorow-Reich, Gabriel and Karabarbounis, Loukas}, - year={2016}, - institution={National Bureau of Economic Research} -} - -@article{kekre2022unemp, - author = {Kekre, Rohan}, - title = {Unemployment Insurance in Macroeconomic Stabilization}, - journal = {The Review of Economic Studies}, - year = {2022}, - month = {12}, - doi = {10.1093/restud/rdac080}, - url = {https://doi.org/10.1093/restud/rdac080}, - eprint = {https://academic.oup.com/restud/advance-article-pdf/doi/10.1093/restud/rdac080/49998599/rdac080.pdf}, -} - -@article{crawley2023MicroMacro, - Author = {Crawley, Edmund and Kuchler, Andreas}, - Title = {Consumption Heterogeneity: Micro Drivers and Macro Implications}, - Journal = {American Economic Journal: Macroeconomics}, - Volume = {15}, - Number = {1}, - Year = {2023}, - Month = {January}, - Pages = {314-41}, - DOI = {10.1257/mac.20200352}, - URL = {https://www.aeaweb.org/articles?id=10.1257/mac.20200352} -} - -@article{cstwMPC, - author = {Carroll, Christopher and Slacalek, Jiri and Tokuoka, Kiichi and White, Matthew N.}, - title = {The distribution of wealth and the marginal propensity to consume}, - journal = {Quantitative Economics}, - volume = {8}, - number = {3}, - pages = {977-1020}, - keywords = {Wealth distribution, marginal propensity to consume, heterogeneity, inequality, D12, D31, D91, E21}, - doi = {https://doi.org/10.3982/QE694}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.3982/QE694}, - eprint = {https://onlinelibrary.wiley.com/doi/pdf/10.3982/QE694}, - abstract = {In a model calibrated to match micro- and macroeconomic evidence on household income dynamics, we show that a modest degree of heterogeneity in household preferences or beliefs is sufficient to match empirical measures of wealth inequality in the United States. The heterogeneity-augmented model's predictions are consistent with microeconomic evidence that suggests that the annual marginal propensity to consume (MPC) is much larger than the roughly 0.04 implied by commonly used macroeconomic models (even ones including some heterogeneity). The high MPC arises because many consumers hold little wealth despite having a strong precautionary motive. Our model also plausibly predicts that the aggregate MPC can differ greatly depending on how the shock is distributed across households (depending, e.g., on their wealth, or employment status).}, - year = {2017} -} - -@article{broer2023fiscalmultipliers, - title = {Fiscal Multipliers: {A} Heterogenous-Agent Perspective}, - author={Broer, Tobias and Krusell, Per and {\"O}berg, Erik}, - journal={Quantitative Economics}, - volume={14}, - number={3}, - pages={799--816}, - doi={https://doi.org/10.3982/QE1901}, - year={2023} -} - -@techreport{beraja2023size, - title={On the Size of Stimulus Checks: How Much is Too Much?}, - author={Beraja, Martin and Zorzi, Nathan}, - year={2023}, - note={Working paper} -} - -@article{andrews2017measuring, - title={Measuring the sensitivity of parameter estimates to estimation moments}, - author={Andrews, Isaiah and Gentzkow, Matthew and Shapiro, Jesse M}, - journal={The Quarterly Journal of Economics}, - volume={132}, - number={4}, - pages={1553--1592}, - year={2017}, - publisher={Oxford University Press} -} - -@article{HAFiscalRR, - title={Welfare and Spending Effects of Consumption Stimulus Policies}, - author={Carroll, Christopher D and Crawley, Edmund and Frankovic, Ivan and Tretvoll, H{\aa}kon}, - year={2023}, - journal={Under Revision, Quantitative Economics} -} - -@inproceedings{BenthallCDLLMS22, - title = {Simulating Heterogeneous Portfolio Choices and Financial Market Outcomes}, - author = {Sebastian Benthall and Christopher D. Carroll and Zachary David and John Liechty and Alan Lujan and Christopher McComb and Nicholas Skar-Gislinge}, - year = {2022}, - url = {https://ceur-ws.org/Vol-3420/paper4.pdf}, - researchr = {https://researchr.org/publication/BenthallCDLLMS22}, - booktitle = {Proceedings of the 2nd Workshop on Agent-based Modeling and Policy-Making (AMPM 2022) co-located with 35th International Conference on Legal Knowledge and Information Systems (JURIX 2022), Saarbrücken, Germany, December 14, 2022}, - editor = {Giovanni Sileno and Nicola Lettieri and Christoph Becker 0004}, - volume = {3420}, - series = {CEUR Workshop Proceedings}, - publisher = {CEUR-WS.org}, -} - -@article{White23, -author = {Matthew N. White}, -journal = {Journal of Health Economics}, -title = {Self-Reported Health Status and Latent Health Dynamics}, -year = {2023}, -volume = {88}, -} - -@article{cglwDefInt, -author = {Christopher Carroll and Daniel Grodzicki David Low and Matthew N. White}, -journal = {working paper}, -title = {Even Self-Aware Consumers Are Overconfident}, -year = {2023} -} - -@article{DynInsSel, -author = {Ahmed Khwaja and Matthew N. White}, -journal = {working paper, University of Cambridge}, -title = {Health Insurance Reform and the (Re-)Distribution of Welfare: A Dynamic Lifecycle Analysis of Heterogeneity in Willingness to Pay for the Affordable Care Act}, -year = {2023} -} - -@article{HousingLCXC, -author = {Julia LeBlanc and Jiri Slacalek and Matthew N. White}, -journal = {working paper}, -title = {Housing Wealth Across Countries: The Role of Expectations, Preferences and Institutions}, -year = {2023} -} - -@article{giglio2021five, - title={Five facts about beliefs and portfolios}, - author={Giglio, Stefano and Maggiori, Matteo and Stroebel, Johannes and Utkus, Stephen}, - journal={American Economic Review}, - volume={111}, - number={5}, - pages={1481--1522}, - year={2021}, - publisher={American Economic Association 2014 Broadway, Suite 305, Nashville, TN 37203} -} - -@article{carroll1983occupational, - title={Occupational licensing and the quality of service: An overview.}, - author={Carroll, Sidney L and Gaston, Robert J}, - journal={Law and Human Behavior}, - volume={7}, - number={2-3}, - pages={139}, - year={1983}, - publisher={Plenum Publishing Corp.} -} - -@article{parker2017don, - title={Why don't households smooth consumption? Evidence from a {\$25} million experiment}, - author={Parker, Jonathan A}, - journal={American Economic Journal: Macroeconomics}, - volume={9}, - number={4}, - pages={153--183}, - year={2017}, - publisher={American Economic Association 2014 Broadway, Suite 305, Nashville, TN 37203-2425} -} - -@article{coenen2012effects, - title={Effects of fiscal stimulus in structural models}, - author={Coenen, G{\"u}nter and Erceg, Christopher J and Freedman, Charles and Furceri, Davide and Kumhof, Michael and Lalonde, Ren{\'e} and Laxton, Douglas and Lind{\'e}, Jesper and Mourougane, Annabelle and Muir, Dirk and others}, - journal={American Economic Journal: Macroeconomics}, - volume={4}, - number={1}, - pages={22--68}, - year={2012}, - publisher={American Economic Association} -} - -@article{bayercoronavirus, - title={The Coronavirus Stimulus Package: How Large is the Transfer Multiplier?}, - author={Bayer, Christian and Born, Benjamin and Luetticke, Ralph and M{\"u}ller, Gernot J}, - journal={The Economic Journal}, - year={2023}, - doi={https://doi.org/10.1093/ej/uead003} -} - -@article{mckay2016role, - title={The role of automatic stabilizers in the US business cycle}, - author={McKay, Alisdair and Reis, Ricardo}, - journal={Econometrica}, - volume={84}, - number={1}, - pages={141--194}, - year={2016}, - publisher={Wiley Online Library} -} - -@article{mckay2021optimal, - title={Optimal automatic stabilizers}, - author={McKay, Alisdair and Reis, Ricardo}, - journal={The Review of Economic Studies}, - volume={88}, - number={5}, - pages={2375--2406}, - year={2021}, - publisher={Oxford University Press} -} - -@techreport{hagedorn2019unemployment, - title={Unemployment Benefits and Unemployment in the Great Recession: The Role of Macro Effects}, - author={Hagedorn, Marcus and Karahan, Fatih and Manovskii, Iourii and Mitman, Kurt}, - year={2019}, - note={Working paper} -} - -@techreport{hagedorn2017impact, - title={The Impact of Unemployment Benefit Extensions on Employment: The 2014 Employment Miracle?}, - author={Hagedorn, Marcus and Manovskii, Iourii and Mitman, Kurt}, - year={2017}, - note={Working paper} -} - -@techreport{chodorow2016limited, - title={The limited macroeconomic effects of unemployment benefit extensions}, - author={Chodorow-Reich, Gabriel and Karabarbounis, Loukas}, - year={2016}, - institution={National Bureau of Economic Research} -} - -@article{kekre2022unemp, - author = {Kekre, Rohan}, - title = {Unemployment Insurance in Macroeconomic Stabilization}, - journal = {The Review of Economic Studies}, - year = {2022}, - month = {12}, - doi = {10.1093/restud/rdac080}, - url = {https://doi.org/10.1093/restud/rdac080}, - eprint = {https://academic.oup.com/restud/advance-article-pdf/doi/10.1093/restud/rdac080/49998599/rdac080.pdf}, -} - -@article{crawley2023MicroMacro, - Author = {Crawley, Edmund and Kuchler, Andreas}, - Title = {Consumption Heterogeneity: Micro Drivers and Macro Implications}, - Journal = {American Economic Journal: Macroeconomics}, - Volume = {15}, - Number = {1}, - Year = {2023}, - Month = {January}, - Pages = {314-41}, - DOI = {10.1257/mac.20200352}, - URL = {https://www.aeaweb.org/articles?id=10.1257/mac.20200352} -} - -@incollection{bclmBehavioral, - title={Behavioral household finance}, - author={Beshears, John and Choi, James J and Laibson, David and Madrian, Brigitte C}, - booktitle={Handbook of Behavioral Economics: Applications and Foundations 1}, - volume={1}, - pages={177--276}, - year={2018}, - publisher={Elsevier} -} - -@article{simon1990bounded, - title={Bounded rationality}, - author={Simon, Herbert A}, - journal={Utility and probability}, - pages={15--18}, - year={1990}, - publisher={Springer} -} - -@techreport{stango2020we, - title={We are all behavioral, more or less: A taxonomy of consumer decision making}, - author={Stango, Victor and Zinman, Jonathan}, - year={2020}, - institution={National Bureau of Economic Research} -} - -@article{LujanEGM, - title = {{EGM$^n$}: The Sequential Endogenous Grid Method}, - author = {Lujan, Alan}, - abstract = {Heterogeneous agent models with multiple decisions are often - solved using inefficient grid search methods that require many - evaluations and are slow. This paper provides a novel method for - solving such models using an extension of the Endogenous Grid - Method (EGM) that uses Gaussian Process Regression (GPR) to - interpolate functions on unstructured grids. First, I propose an - intuitive and strategic procedure for decomposing a problem into - subproblems which allows the use of efficient solution methods. - Second, using an exogenous grid of post-decision states and - solving for an endogenous grid of pre-decision states that obey a - first-order condition greatly speeds up the solution process. - Third, since the resulting endogenous grid can often be - non-rectangular at best and unstructured at worst, GPR provides - an efficient and accurate method for interpolating the value, - marginal value, and decision functions. Applied sequentially to - each decision within the problem, the method is able to solve - heterogeneous agent models with multiple decisions in a fraction - of the time and with less computational resources than are - required by standard methods currently used. Software to - reproduce these methods is available under the - \textbackslashhref\{https://econ-ark.org/\}\{\textbackslashtexttt\{Econ-ARK/HARK\}\} - project for the \textbackslashtexttt\{python\} programming - language.}, - year = 2023 -} -@book{morduchDiaries, - ISBN = {9780691172989}, - URL = {http://www.jstor.org/stable/j.ctvc77n3j}, - abstract = { What the financial diaries of working-class families reveal about economic stresses, why they happen, and what policies might reduce them Deep within the American Dream lies the belief that hard work and steady saving will ensure a comfortable retirement and a better life for one's children. But in a nation experiencing unprecedented prosperity, even for many families who seem to be doing everything right, this ideal is still out of reach. In The Financial Diaries, Jonathan Morduch and Rachel Schneider draw on the groundbreaking U.S. Financial Diaries, which follow the lives of 235 low- and middle-income families as they navigate through a year. Through the Diaries, Morduch and Schneider challenge popular assumptions about how Americans earn, spend, borrow, and save-and they identify the true causes of distress and inequality for many working Americans. We meet real people, ranging from a casino dealer to a street vendor to a tax preparer, who open up their lives and illustrate a world of financial uncertainty in which even limited financial success requires imaginative-and often costly-coping strategies. Morduch and Schneider detail what families are doing to help themselves and describe new policies and technologies that will improve stability for those who need it most. Combining hard facts with personal stories, The Financial Diaries presents an unparalleled inside look at the economic stresses of today's families and offers powerful, fresh ideas for solving them. }, - author = {Jonathan Morduch and Rachel Schneider}, - publisher = {Princeton University Press}, - title = {The Financial Diaries: How American Families Cope in a World of Uncertainty}, - urldate = {2023-03-25}, - year = {2017} -} -@article{mmwInattentionReview, -Author = {Mackowiak, Bartosz and Matjka, Filip and Wiederholt, Mirko}, -Title = {Rational Inattention: A Review}, -Journal = {Journal of Economic Literature}, -Volume = {61}, -Number = {1}, -Year = {2023}, -Month = {March}, -Pages = {226-73}, -DOI = {10.1257/jel.20211524}, -URL = {https://www.aeaweb.org/articles?id=10.1257/jel.20211524}} - -@article{carrollMacroExp, - title={Macroeconomic expectations of households and professional forecasters}, - author={Carroll, Christopher D}, - journal={the Quarterly Journal of economics}, - volume={118}, - number={1}, - pages={269--298}, - year={2003}, - publisher={MIT Press} -} - -@article{arsJumpsHumps, - abstract = {We estimate a Heterogeneous-Agent New Keynesian model with sticky household expectations that matches existing microeconomic evidence on marginal propensities to consume and macroeconomic evidence on the impulse response to a monetary policy shock. Our estimated model uncovers a central role for investment in the transmission mechanism of monetary policy, as high MPCs amplify the investment response in the data. This force also generates a procyclical response of consumption to investment shocks, leading our model to infer a central role for these shocks as a source of business cycles.}, - author = {Adrien Auclert and Matthew Rognlie and Ludwig Straub}, - note = {Revise and resubmit at American Economic Review}, - title = {Micro Jumps, Macro Humps: Monetary Policy and Business Cycles in an Estimated HANK Model}, - url = {https://scholar.harvard.edu/straub/publications/jumps-humps}, - journal = {Revise and Resubmit, American Economic Review}, - year = 2020} - - -@article{parker2017don, - title={Why don’t households smooth consumption? Evidence from a {\$25} million experiment}, - author={Parker, Jonathan A}, - journal={American Economic Journal: Macroeconomics}, - volume={9}, - number={4}, - pages={153--183}, - year={2017}, - publisher={American Economic Association 2014 Broadway, Suite 305, Nashville, TN 37203-2425} -} - -@article{coenen2012effects, - title={Effects of fiscal stimulus in structural models}, - author={Coenen, G{\"u}nter and Erceg, Christopher J and Freedman, Charles and Furceri, Davide and Kumhof, Michael and Lalonde, Ren{\'e} and Laxton, Douglas and Lind{\'e}, Jesper and Mourougane, Annabelle and Muir, Dirk and others}, - journal={American Economic Journal: Macroeconomics}, - volume={4}, - number={1}, - pages={22--68}, - year={2012}, - publisher={American Economic Association} -} - -@article{bayercoronavirus, - title={The Coronavirus Stimulus Package: How Large is the Transfer Multiplier?}, - author={Bayer, Christian and Born, Benjamin and Luetticke, Ralph and M{\"u}ller, Gernot J}, - journal={The Economic Journal}, - year={2023}, - doi={https://doi.org/10.1093/ej/uead003} -} - -@article{mckay2016role, - title={The role of automatic stabilizers in the US business cycle}, - author={McKay, Alisdair and Reis, Ricardo}, - journal={Econometrica}, - volume={84}, - number={1}, - pages={141--194}, - year={2016}, - publisher={Wiley Online Library} -} - -@article{mckay2021optimal, - title={Optimal automatic stabilizers}, - author={McKay, Alisdair and Reis, Ricardo}, - journal={The Review of Economic Studies}, - volume={88}, - number={5}, - pages={2375--2406}, - year={2021}, - publisher={Oxford University Press} -} - -@techreport{hagedorn2019unemployment, - title={Unemployment Benefits and Unemployment in the Great Recession: The Role of Macro Effects}, - author={Hagedorn, Marcus and Karahan, Fatih and Manovskii, Iourii and Mitman, Kurt}, - year={2019}, - note={Working paper} -} - -@techreport{hagedorn2017impact, - title={The Impact of Unemployment Benefit Extensions on Employment: The 2014 Employment Miracle?}, - author={Hagedorn, Marcus and Manovskii, Iourii and Mitman, Kurt}, - year={2017}, - note={Working paper} -} - -@techreport{chodorow2016limited, - title={The limited macroeconomic effects of unemployment benefit extensions}, - author={Chodorow-Reich, Gabriel and Karabarbounis, Loukas}, - year={2016}, - institution={National Bureau of Economic Research} -} - -@article{kekreunemployment, - title={Unemployment Insurance in Macroeconomic Stabilization}, - author={Kekre, Rohan}, - journal={The Review of Economic Studies} -} - - -@article{allcott2021high, - title={Are high-interest loans predatory? {T}heory and evidence from payday lending}, - author={Allcott, Hunt and Kim, Joshua J and Taubinsky, Dmitry and Zinman, Jonathan}, - year={2021}, - journal={NBER Working paper, no. 28799}, - month={May}, -} - -@article{cagetti2003wealth, - title={Wealth accumulation over the life cycle and precautionary savings}, - author={Cagetti, Marco}, - journal={Journal of Business \& Economic Statistics}, - volume={21}, - number={3}, - pages={339--353}, - year={2003}, - publisher={Taylor \& Francis} -} - -@article{carroll2020sticky, - title={Sticky Expectations and Consumption Dynamics}, - author={Carroll, Christopher D and Crawley, Edmund and Slacalek, Jiri and Tokuoka, Kiichi and White, Matthew N}, - journal={American Economic Journal: Macroeconomics}, - year={2020}, - volume={12}, - number={3}, - pages={40--76}, - doi={10.1257/mac.20180286} -} - -@article{carroll2020modeling, - title={Modeling the consumption response to the {CARES} act}, - author={Carroll, Christopher D and Crawley, Edmund and Slacalek, Jiri and White, Matthew N}, - journal={Covid Economics}, - volume={10}, - pages={62--86}, - year={2020}, - publisher={CEPR Press} -} - -@article{carroll2022theoretical, - title={Theoretical Foundations of Buffer Stock Saving}, - author={Carroll, Christopher D}, - year={2022}, - note={Working paper}, - url={https://econ-ark.github.io/BufferStockTheory/} -} - -@article{crawley2022parsimonious, - title={A Parsimonious Model of Idiosyncratic Income}, - author={Crawley, Edmund and Holm, Martin B. and Tretvoll, H{\aa}kon}, - year={2022}, - journal={Working paper}, - month={March} -} - -@article{halvorsen2022earnings, - author = {Halvorsen, Elin and Ozkan, Serdar and Salgado, Sergio}, - title = {Earnings Dynamics and Its Intergenerational Transmission: Evidence from Norway}, - type= {Working paper}, - year={2022}, - month={February}, - url={https://www.dropbox.com/s/mbcif8n9z26yw5d/HOS_QE.pdf?dl=0} -} - -@article{kaplan2014model, - title={A model of the consumption response to fiscal stimulus payments}, - author={Kaplan, Greg and Violante, Giovanni L}, - journal={Econometrica}, - volume={82}, - number={4}, - pages={1199--1239}, - year={2014}, - publisher={Wiley Online Library} -} - -@article{kravik_navigating_2019, - title = {Navigating with {NEMO}}, - volume = {5}, - url = {https://www.norges-bank.no/en/news-events/news-publications/Papers/Staff-Memo/2019/52019/}, - language = {en}, - urldate = {2019-05-24}, - journal = {Norges Bank Staff Memo}, - author = {Kravik, Erling Motzfeldt and Mimir, Yassin}, - year = {2019}, -} - -@incollection{kmpHandbook2016, - title={Macroeconomics and household heterogeneity}, - author={Krueger, Dirk and Mitman, Kurt and Perri, Fabrizio}, - booktitle={Handbook of {M}acroeconomics}, - volume={2}, - pages={843--921}, - year={2016}, - publisher={Elsevier} -} - -@article{fagereng_mpc_2021, - title = {{MPC} {Heterogeneity} and {Household} {Balance} {Sheets}}, - volume = {13}, - issn = {1945-7707}, - url = {https://www.aeaweb.org/articles?id=10.1257/mac.20190211}, - doi = {10.1257/mac.20190211}, - abstract = {We use sizable lottery prizes in Norwegian administrative panel data to explore how transitory income shocks are spent and saved over time and how households' marginal propensities to -consume (MPCs) vary with household characteristics and shock size. We find that spending peaks in the year of winning and gradually reverts to normal within five years. Controlling for all items on -households' balance sheets and characteristics such as education and income, it is the amount won, age, and liquid assets that vary systematically with MPCs. Low-liquidity winners of the smallest -prizes (around US\$1,500) are estimated to spend all within the year of winning. The corresponding estimate for high-liquidity winners of large prizes (US\$8,300–150,000) is slightly below one-half. -While conventional models will struggle to account for such high MPC levels, we show that a two-asset life cycle model with a realistic earnings profile and a luxury bequest motive can account for -both the time profile of consumption responses and their systematic covariation with observables.}, - language = {en}, - number = {4}, - urldate = {2022-02-11}, - journal = {American Economic Journal: Macroeconomics}, - author = {Fagereng, Andreas and Holm, Martin B. and Natvik, Gisle J.}, - month = oct, - year = {2021}, - keywords = {Consumer Economics: Empirical Analysis, Intertemporal Household Choice, includes inheritance and gift taxes, Life Cycle Models and Saving, Macroeconomics: Consumption, Saving, Wealth, Household Finance: Household Saving, Borrowing, Debt, and Wealth, Personal Income and Other Nonbusiness Taxes and Subsidies}, - pages = {1--54}, - file = {Snapshot:C\:\\Users\\ifr\\Zotero\\storage\\JSR3NCW9\\articles.html:text/html}, -} - -@article{aursland_state-dependent_2020, - title = {State-dependent fiscal multipliers in {NORA} - {A} {DSGE} model for fiscal policy analysis in {Norway}}, - volume = {93}, - issn = {0264-9993}, - url = {https://www.sciencedirect.com/science/article/pii/S0264999320304156}, - doi = {10.1016/j.econmod.2020.07.017}, - abstract = {We develop a novel medium-scale DSGE model, called NORA, for fiscal policy analysis in Norway. NORA contains a sheltered and exposed sector allowing us to model wage bargaining between a labor union and the exposed sector, reflecting Scandinavian wage formation institutions. Wages are subject to a downward nominal wage rigidity (DNWR). Inspired by many countries' fiscal policy responses to the Great Recession and the coronavirus pandemic, we investigate the model's ability to generate state-dependent fiscal multipliers. We find, that both the zero lower bound on nominal interest rates and DNWR individually can account for higher fiscal multipliers during recessions. In joint presence, however, the existence of DNWR reduces the multiplier at the ZLB. Moreover, the DNWR significantly relaxes the paradox of toil at the ZLB. We show that the state-dependency is robust to alternative assumptions about the origin of the recession, the nature of the fiscal stimulus and its financing source.}, - language = {en}, - urldate = {2022-02-11}, - journal = {Economic Modelling}, - author = {Aursland, Thor Andreas and Frankovic, Ivan and Kanik, Birol and Saxegaard, Magnus}, - year = {2020}, - keywords = {Downward nominal wage rigidity, Fiscal multiplier, Fiscal policy, State-dependency, Zero lower bound}, - pages = {321--353}, - file = {ScienceDirect Snapshot:C\:\\Users\\ifr\\Zotero\\storage\\4CPRIB6S\\S0264999320304156.html:text/html}, -} - -@article{oecd_net_2020, - title = {Net replacement rate in unemployment}, - journal = {OECD statistics "Social Protection and Well-being"}, - author = {OECD}, - year = {2020}, - note = {Url: https://stats.oecd.org/Index.aspx?DataSetCode=NRR}, -} - -@article{gjeldsregistret_nokkeltall_2022, - title = {Nokkeltall fra {Gjeldsregisteret}}, - journal = {Gjeldsregistret nettside}, - author = {Gjeldsregistret}, - year = {2022}, - note = {Url: https://www.gjeldsregisteret.com/pages/nokkeltall}, -} - -@article{davis_recessions_2011, - ISSN = {00072303, 15334465}, - URL = {http://www.jstor.org/stable/41473597}, - author = {Steven J. Davis and Till Von Wachter}, - journal = {Brookings Papers on Economic Activity}, - pages = {1--72}, - publisher = {Brookings Institution Press}, - title = {Recessions and the Costs of Job Loss}, - urldate = {2022-04-08}, - year = {2011} -} - -@article{skiba2008payday, - title={Payday loans, uncertainty and discounting: {E}xplaining patterns of borrowing, repayment, and default}, - author={Skiba, Paige Marta and Tobacman, Jeremy}, - journal={Vanderbilt Law and Economics Research Paper}, - volume={08}, - number={33}, - year={2008} -} - -@article{rothstein2017scraping, - title={Scraping by: Income and program participation after the loss of extended unemployment benefits}, - author={Rothstein, Jesse and Valletta, Robert G}, - journal={Journal of Policy Analysis and Management}, - volume={36}, - number={4}, - pages={880--908}, - year={2017}, - publisher={Wiley Online Library} -} - -@article{den2010computational, - title={Computational suite of models with heterogeneous agents: Incomplete markets and aggregate uncertainty}, - author={Den Haan, Wouter J and Judd, Kenneth L and Juillard, Michel}, - journal={Journal of Economic Dynamics and Control}, - volume={34}, - number={1}, - pages={1--3}, - year={2010}, - publisher={Elsevier} -} - -@techreport{kaplanMPC2022, - title = "The Marginal Propensity to Consume in Heterogeneous Agent Models", - author = "Kaplan, Greg and Violante, Giovanni L", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "30013", - year = "2022", - month = "May", - doi = {10.3386/w30013}, - URL = "http://www.nber.org/papers/w30013", - abstract = {What model features and calibration strategies yield a large average marginal propensity to consume (MPC) in heterogeneous agent models? Through a systematic investigation of models with different preferences, dimensions of ex-ante heterogeneity, income processes and asset structure, we show that the most important factor is the share and type of hand-to-mouth households. One-asset models either feature a trade-off between a high average MPC and a realistic level of aggregate wealth, or generate an excessively polarized wealth distribution that vastly understates the wealth held by households in the middle of the distribution. Two-asset models that include both liquid and illiquid assets can resolve this tension with a large enough gap between liquid and illiquid returns. We discuss how such return differential can be justified from the perspective of theory and data.}, -} - -@article{ganongConsumer2019, - Author = {Ganong, Peter and Noel, Pascal}, - Title = {Consumer Spending during Unemployment: Positive and Normative Implications}, - Journal = {American Economic Review}, - Volume = {109}, - Number = {7}, - Year = {2019}, - Month = {July}, - Pages = {2383-2424}, - DOI = {10.1257/aer.20170537}, - URL = {https://www.aeaweb.org/articles?id=10.1257/aer.20170537}} - -@techreport{hagedorn2019fiscal, - title={The fiscal multiplier}, - author={Hagedorn, Marcus and Manovskii, Iourii and Mitman, Kurt}, - year={2019}, - type= {Working paper}, - institution={National Bureau of Economic Research} -} - -@article{christiano2011government, - title={When is the government spending multiplier large?}, - author={Christiano, Lawrence and Eichenbaum, Martin and Rebelo, Sergio}, - journal={Journal of Political Economy}, - volume={119}, - number={1}, - pages={78--121}, - year={2011}, - publisher={University of Chicago Press Chicago, IL} -} - -@article{eggertsson2011fiscal, - title={What fiscal policy is effective at zero interest rates?}, - author={Eggertsson, Gauti B}, - journal={NBER Macroeconomics Annual}, - volume={25}, - number={1}, - pages={59--112}, - year={2011}, - publisher={University of Chicago Press Chicago, IL} -} - -@article{ramey2018government, - title={Government spending multipliers in good times and in bad: evidence from US historical data}, - author={Ramey, Valerie A and Zubairy, Sarah}, - journal={Journal of political economy}, - volume={126}, - number={2}, - pages={850--901}, - year={2018}, - publisher={University of Chicago Press Chicago, IL} -} - -@techreport{bhandari2021efficiency, - title={Efficiency, Insurance, and Redistribution Effects of Government Policies}, - author={Bhandari, Anmol and Evans, David and Golosov, Mikhail and Sargent, Thomas}, - year={2021}, - journal= {Working paper}, -} - -@article{davila2022welfare, - title={Welfare Assessments with Heterogeneous Individuals}, - author={D{\'a}vila, Eduardo and Schaab, Andreas}, - journal={Available at SSRN 4102027}, - year={2022}, - type= {Working paper}, -} - -@article{parker2013consumer, - title={Consumer spending and the economic stimulus payments of 2008}, - author={Parker, Jonathan A and Souleles, Nicholas S and Johnson, David S and McClelland, Robert}, - journal={American Economic Review}, - volume={103}, - number={6}, - pages={2530--53}, - year={2013} -} - -@article{broda2014economic, - title={The economic stimulus payments of 2008 and the aggregate demand for consumption}, - author={Broda, Christian and Parker, Jonathan A}, - journal={Journal of Monetary Economics}, - volume={68}, - pages={S20--S36}, - year={2014}, - publisher={Elsevier} -} - -@techreport{kekre2022unemployment, - title={Unemployment insurance in macroeconomic stabilization}, - author={Kekre, Rohan}, - year={2022}, - institution={National Bureau of Economic Research}, - type= {Working paper}, -} - -@techreport{auclert2018IKC, - title = "The Intertemporal Keynesian Cross", - author = "Auclert, Adrien and Rognlie, Matthew and Straub, Ludwig", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "25020", - year = "2018", - month = "September", - doi = {10.3386/w25020}, - URL = "http://www.nber.org/papers/w25020", -} - -@techreport{ganong2022spending, - title = "Spending and Job-Finding Impacts of Expanded Unemployment Benefits: Evidence from Administrative Micro Data", - author = "Ganong, Peter and Greig, Fiona E and Noel, Pascal J and Sullivan, Daniel M and Vavra, Joseph S", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "30315", - year = "2022", - month = "August", - doi = {10.3386/w30315}, - URL = "http://www.nber.org/papers/w30315", -} - -@book{Lucas1987models, - title = "Models of Business Cycles", - author = "Lucas, Robert", - year = 1987, - publisher = "Oxford: Blackwell" -} - -@article{olafsson2018liquid, - title={The liquid hand-to-mouth: Evidence from personal finance management software}, - author={Olafsson, Arna and Pagel, Michaela}, - journal={The Review of Financial Studies}, - volume={31}, - number={11}, - pages={4398--4446}, - year={2018}, - publisher={Oxford University Press} -} - -@article{crawleyMicroMacro, - title={Consumption Heterogeneity: Micro Drivers and Macro Implications}, - author={Crawley, Edmund and Kuchler, Andreas}, - journal={American Economic Journal: Macroeconomics}, - year={Forthcoming} -} - -@techreport{laibson2022simple, - title={A Simple Mapping from MPCs to MPXs}, - author={Laibson, David and Maxted, Peter and Moll, Benjamin}, - year={2022}, - institution={National Bureau of Economic Research} -} - -@article{allcott2021high, - title={Are high-interest loans predatory? {T}heory and evidence from payday lending}, - author={Allcott, Hunt and Kim, Joshua J and Taubinsky, Dmitry and Zinman, Jonathan}, - year={2021}, - note={NBER Working paper, no. 28799}, - month={May}, -} - -@article{cagetti2003wealth, - title={Wealth accumulation over the life cycle and precautionary savings}, - author={Cagetti, Marco}, - journal={Journal of Business \& Economic Statistics}, - volume={21}, - number={3}, - pages={339--353}, - year={2003}, - publisher={Taylor \& Francis} -} - -@article{carroll2020sticky, - title={Sticky Expectations and Consumption Dynamics}, - author={Carroll, Christopher D and Crawley, Edmund and Slacalek, Jiri and Tokuoka, Kiichi and White, Matthew N}, - journal={American Economic Journal: Macroeconomics}, - year={2020}, - volume={12}, - number={3}, - pages={40--76}, - doi={10.1257/mac.20180286} -} - -@article{carroll2020modeling, - title={Modeling the consumption response to the {CARES} act}, - author={Carroll, Christopher D and Crawley, Edmund and Slacalek, Jiri and White, Matthew N}, - journal={Covid Economics}, - volume={10}, - pages={62--86}, - year={2020}, - publisher={CEPR Press} -} - -@article{crawley2022parsimonious, - title={A Parsimonious Model of Idiosyncratic Income}, - author={Crawley, Edmund and Holm, Martin B. and Tretvoll, H{\aa}kon}, - year={2022}, - note={Working paper}, - month={March} -} - -@article{halvorsen2022earnings, - author = {Halvorsen, Elin and Ozkan, Serdar and Salgado, Sergio}, - title = {Earnings Dynamics and Its Intergenerational Transmission: Evidence from Norway}, - type= {Working paper}, - year={2022}, - month={February}, - url={https://www.dropbox.com/s/mbcif8n9z26yw5d/HOS_QE.pdf?dl=0} -} - -@article{kaplan2014model, - title={A model of the consumption response to fiscal stimulus payments}, - author={Kaplan, Greg and Violante, Giovanni L}, - journal={Econometrica}, - volume={82}, - number={4}, - pages={1199--1239}, - year={2014}, - publisher={Wiley Online Library} -} - -@article{kravik_navigating_2019, - title = {Navigating with {NEMO}}, - volume = {5}, - url = {https://www.norges-bank.no/en/news-events/news-publications/Papers/Staff-Memo/2019/52019/}, - language = {en}, - urldate = {2019-05-24}, - journal = {Norges Bank Staff Memo}, - author = {Kravik, Erling Motzfeldt and Mimir, Yassin}, - year = {2019}, -} - -@incollection{kmpHandbook2016, - title={Macroeconomics and household heterogeneity}, - author={Krueger, Dirk and Mitman, Kurt and Perri, Fabrizio}, - booktitle={Handbook of {M}acroeconomics}, - volume={2}, - pages={843--921}, - year={2016}, - publisher={Elsevier} -} - -@article{fagereng_mpc_2021, - title = {{MPC} {Heterogeneity} and {Household} {Balance} {Sheets}}, - volume = {13}, - issn = {1945-7707}, - url = {https://www.aeaweb.org/articles?id=10.1257/mac.20190211}, - doi = {10.1257/mac.20190211}, - abstract = {We use sizable lottery prizes in Norwegian administrative panel data to explore how transitory income shocks are spent and saved over time and how households' marginal propensities to -consume (MPCs) vary with household characteristics and shock size. We find that spending peaks in the year of winning and gradually reverts to normal within five years. Controlling for all items on -households' balance sheets and characteristics such as education and income, it is the amount won, age, and liquid assets that vary systematically with MPCs. Low-liquidity winners of the smallest -prizes (around US\$1,500) are estimated to spend all within the year of winning. The corresponding estimate for high-liquidity winners of large prizes (US\$8,300–150,000) is slightly below one-half. -While conventional models will struggle to account for such high MPC levels, we show that a two-asset life cycle model with a realistic earnings profile and a luxury bequest motive can account for -both the time profile of consumption responses and their systematic covariation with observables.}, - language = {en}, - number = {4}, - urldate = {2022-02-11}, - journal = {American Economic Journal: Macroeconomics}, - author = {Fagereng, Andreas and Holm, Martin B. and Natvik, Gisle J.}, - month = oct, - year = {2021}, - keywords = {Consumer Economics: Empirical Analysis, Intertemporal Household Choice, includes inheritance and gift taxes, Life Cycle Models and Saving, Macroeconomics: Consumption, Saving, Wealth, Household Finance: Household Saving, Borrowing, Debt, and Wealth, Personal Income and Other Nonbusiness Taxes and Subsidies}, - pages = {1--54}, - file = {Snapshot:C\:\\Users\\ifr\\Zotero\\storage\\JSR3NCW9\\articles.html:text/html}, -} - -@article{aursland_state-dependent_2020, - title = {State-dependent fiscal multipliers in {NORA} - {A} {DSGE} model for fiscal policy analysis in {Norway}}, - volume = {93}, - issn = {0264-9993}, - url = {https://www.sciencedirect.com/science/article/pii/S0264999320304156}, - doi = {10.1016/j.econmod.2020.07.017}, - abstract = {We develop a novel medium-scale DSGE model, called NORA, for fiscal policy analysis in Norway. NORA contains a sheltered and exposed sector allowing us to model wage bargaining between a labor union and the exposed sector, reflecting Scandinavian wage formation institutions. Wages are subject to a downward nominal wage rigidity (DNWR). Inspired by many countries' fiscal policy responses to the Great Recession and the coronavirus pandemic, we investigate the model's ability to generate state-dependent fiscal multipliers. We find, that both the zero lower bound on nominal interest rates and DNWR individually can account for higher fiscal multipliers during recessions. In joint presence, however, the existence of DNWR reduces the multiplier at the ZLB. Moreover, the DNWR significantly relaxes the paradox of toil at the ZLB. We show that the state-dependency is robust to alternative assumptions about the origin of the recession, the nature of the fiscal stimulus and its financing source.}, - language = {en}, - urldate = {2022-02-11}, - journal = {Economic Modelling}, - author = {Aursland, Thor Andreas and Frankovic, Ivan and Kanik, Birol and Saxegaard, Magnus}, - year = {2020}, - keywords = {Downward nominal wage rigidity, Fiscal multiplier, Fiscal policy, State-dependency, Zero lower bound}, - pages = {321--353}, - file = {ScienceDirect Snapshot:C\:\\Users\\ifr\\Zotero\\storage\\4CPRIB6S\\S0264999320304156.html:text/html}, -} - -@article{oecd_net_2020, - title = {Net replacement rate in unemployment}, - journal = {OECD statistics "Social Protection and Well-being"}, - author = {OECD}, - year = {2020}, - note = {Url: https://stats.oecd.org/Index.aspx?DataSetCode=NRR}, -} - -@article{gjeldsregistret_nokkeltall_2022, - title = {Nøkkeltall fra {Gjeldsregisteret}}, - journal = {Gjeldsregistret nettside}, - author = {Gjeldsregistret}, - year = {2022}, - note = {Url: https://www.gjeldsregisteret.com/pages/nokkeltall}, -} - -@article{davis_recessions_2011, - ISSN = {00072303, 15334465}, - URL = {http://www.jstor.org/stable/41473597}, - author = {Steven J. Davis and Till Von Wachter}, - journal = {Brookings Papers on Economic Activity}, - pages = {1--72}, - publisher = {Brookings Institution Press}, - title = {Recessions and the Costs of Job Loss}, - urldate = {2022-04-08}, - year = {2011} -} - -@article{skiba2008payday, - title={Payday loans, uncertainty and discounting: {E}xplaining patterns of borrowing, repayment, and default}, - author={Skiba, Paige Marta and Tobacman, Jeremy}, - journal={Vanderbilt Law and Economics Research Paper}, - number={08-33}, - year={2008} -} - -@article{blanchard2017rethinking, - title={Rethinking stabilization policy: Back to the future}, - author={Blanchard, Olivier and Summers, Lawrence}, - journal={Peterson Institute for International Economics}, - volume={8}, - year={2017} -} - -@incollection{EpiExp, - title = {Epidemiological Expectations}, - author = {Carroll, Christopher D. and Tao Wang}, - booktitle = {Handbook of Economic Expectations}, - volume = {1}, - year = {2022}, - month= {November}, - doi = {10.1016/B978-0-12-822927-9.00034-3}, - url = {https://econ-ark.github.io/EpiExp}, - publisher = {Elsevier}, - note = {\href{https://econ-ark.github.io/EpiExp}{econ-ark.github.io/EpiExp}}} -} - -@article{carrollHowHas, - title = {How has the US coronavirus aid package affected household spending?}, - author = {Carroll, Christopher D and Crawley, Edmund and Slacalek, Jiri and White, Matthew N and others}, - journal = {Research Bulletin}, - volume = 75, - year = 2020, - publisher = {European Central Bank} -} - -@article{Adams2010, - abstract = {This paper examines the long-term impact and short-term dynamics of macroeconomic variables on international housing prices. Since adequate housing market data are generally not available and usually of low frequency we apply a panel cointegration analysis consisting of 15 countries over a period of 30 years. Pooling the observations allows us to overcome the data restrictions which researchers face when testing long-term relationships among single real estate time series. This study does not only confirm results from previous studies, but also allows for a comparison of single country estimations in an integrated equilibrium framework. The empirical results indicate house prices to increase in the long-run by 0.6{\%} in response to a 1{\%} increase in economic activity while construction costs and the long-term interest rate show average long-term effects of approximately 0.6{\%} and -0.3{\%}, respectively. Contrary to current literature our estimates suggest only about 16{\%} adjustment per year. Thus the time to full recovery may be much slower than previously stated, so that deviations from the long-term equilibrium result in a dynamic adjustment process that may take up to 14 years. {\textcopyright} 2009 Elsevier Inc. All rights reserved.}, - author = {Adams, Zeno and F{\"{u}}ss, Roland}, - doi = {10.1016/j.jhe.2009.10.005}, - issn = 10511377, - journal = {Journal of Housing Economics}, - keywords = {Dynamic OLS,Dynamic adjustment process,Housing market,Macroeconomy,Panel cointegration}, - number = 1, - pages = {38--50}, - title = {{Macroeconomic determinants of international housing markets}}, - url = {https://www.sciencedirect.com/science/article/pii/S1051137709000552?casa{\_}token=QSomp9jEkr0AAAAA:uewOJfRU8T5gwwxkLcafaPM6wgi8QbfqU{\_}dIpO-0cwANm4JgENa1DLNB3lASVlRwwrF9ntNz}, - volume = 19, - year = 2010 -} - -@article{AdelinoEtAl2016, - abstract = {This paper highlights the importance of middle-class and high-FICO borrowers for the mortgage crisis. Contrary to popular belief, which focuses on subprime and poor borrowers, we show that mortgage originations increased for borrowers across all income levels and FICO scores. The relation between mortgage growth and income growth at the individual level remained positive throughout the pre-2007 period. Finally, middle-income, highincome, and prime borrowers all sharply increased their share of delinquencies in the crisis. These results are consistent withademand-side view, where homebuyers and lenders bought into increasing house values and borrowers defaulted after prices dropped.}, - author = {Adelino, Manuel and Schoar, Antoinette and Severino, Felipe}, - doi = {10.1093/rfs/hhw018}, - issn = 14657368, - journal = {Review of Financial Studies}, - month = {jul}, - number = 7, - pages = {1635--1670}, - title = {{Loan originations and defaults in the mortgage crisis: The role of the middle class}}, - url = {https://academic.oup.com/rfs/article-lookup/doi/10.1093/rfs/hhw018}, - volume = 29, - year = 2016 -} - -@article{AlexopoulosCohen2015, - abstract = {There has been, in recent years, a renewed interest in and a growing recognition of the role played by uncertainty shocks in driving fluctuations in the economy and in asset markets. We create new text-based indicators of both general economic and policy specific uncertainty from New York Times and use them first, to chart changes in the level of uncertainty in the US for the period 1985-2007, second, to determine the role of policy in these swings, and, third to assess their impact on the economy, equity markets, and business cycles. Overall, our results indicate that uncertainty shocks - both general and policy related - depress the level of economic activity, significantly increase stock market volatility, and decrease market returns.}, - author = {Alexopoulos, Michelle and Cohen, Jon}, - doi = {10.1016/j.iref.2015.02.002}, - issn = 10590560, - journal = {International Review of Economics and Finance}, - keywords = {Business cycles,Economic uncertainty,Measurement,Policy uncertainty}, - month = {nov}, - pages = {8--28}, - title = {{The power of print: Uncertainty shocks, markets, and the economy}}, - url = {https://www.sciencedirect.com/science/article/pii/S1059056015000246 https://linkinghub.elsevier.com/retrieve/pii/S1059056015000246}, - volume = 40, - year = 2015 -} - -@misc{Ameriks2005, - abstract = {Using pooled cross-sectional data from the Surveys of Consumer Finances, and new panel data from TIAA-CREF, we examine the empirical relationship between age and portfolio choice, focusing on the observed relationship between age and the fraction of wealth held in the stock market. We illustrate and discuss the importance of the well-known identification problem that prevents unrestricted estimation of age, time and cohort effects in longitudinal data. We also document three important features of household portfolio behavior: significant non-stockownership, wide-ranging heterogeneity in allocation choices, and the infrequency of active portfolio allocation changes (almost half of the sample members made no active changes to their portfolio allocations over our nine-year sample period). When estimating portfolio share equations, we consider three separate exclusion restrictions: excluding time effects, cohort effects, and finally age effects. We find no evidence supporting a gradual reduction in portfolio shares with age. There is some tendency for older individuals to shift completely out of the stock market around the time of annuitizations and withdrawals.}, - author = {Ameriks, John and Zeldes, Stephen P.}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Ameriks, Zeldes/How do household portfolio shares vary with age.pdf:pdf}, - keywords = {How Do Household Portfolio Shares Vary with Age?,John Ameriks,SSRN,Stephen P. Zeldes}, - month = {sep}, - title = {{How do household portfolio shares vary with age?}}, - url = {http://www.q-group.org/archives{\_}folder/pdf/Slides-Ameriks.pdf}, - year = 2005 -} - -@article{GulerEtAl2015, - abstract = {This paper studies the joint transitional dynamics of the foreclosures and house prices in a standard life-cycle incomplete markets model with housing and a realistic long-term mortgage structure. We calibrate our model to match several long-term features of the U.S. housing market, and analyze the effects of several unexpected and permanent shocks on the house price and the foreclosure rate both across the steady states and along the transition between the steady states. We examine permanent, unexpected shocks to the risk-free interest rate, the minimum down-payment ratio, and unemployment. During the transition, these shocks create large movements in house prices. More importantly, the foreclosure dynamics are quite significant along the transition compared to the steady-state changes, and there are strong feedbacks between foreclosures and house prices. We assess the effects of a temporary reduction in the risk-free interest rate, which has moderate effects on house prices but little effect on foreclosure dynamics. We also study the effects of an ex ante macroprudential policy, which establishes a minimum down-payment requirement at a higher threshold. Such a macroprudential policy helps substantially stabilize both house prices and foreclosures.}, - author = {Arslan, Yavuz and Guler, Bulent and Taskin, Temel}, - doi = {10.1111/jmcb.12196}, - issn = 15384616, - journal = {Journal of Money, Credit and Banking}, - keywords = {Home equity,House price,Housing,Interest rate,Mortgage contract,Mortgage default}, - month = {mar}, - number = {S1}, - pages = {133--169}, - title = {{Joint dynamics of house prices and foreclosures}}, - url = {http://doi.wiley.com/10.1111/jmcb.12196 https://onlinelibrary.wiley.com/doi/10.1111/jmcb.12196}, - volume = 47, - year = 2015 -} - -@article{athreya2017a, - author = {Athreya, Kartik and Ionescu, Felicia and Neelakantan, Urvi}, - doi = {10.2139/ssrn.2671012}, - issn = {1556-5068}, - journal = {SSRN Electronic Journal}, - pages = {1--57}, - title = {{Stock Market Investment: The Role of Human Capital}}, - url = {http://www.ssrn.com/abstract=2671012}, - volume = 15, - year = 2015 -} - -@article{Barksdale1982, - abstract = {This paper explains how the product life cycle and Boston Consulting Group's portfolio matrix can be combined to provide a more comprehensive framework for strategic analysis. The integrated model is more powerful than either concept taken separately because it provides an exhaustive system for classifying a diverse assortment of business units or product/market categories. {\textcopyright} 1982.}, - author = {Barksdale, Hiram C. and Harris, Clyde E.}, - doi = {10.1016/0024-6301(82)90010-3}, - issn = 00246301, - journal = {Long Range Planning}, - number = 6, - pages = {74--83}, - title = {{Portfolio analysis and the product life cycle}}, - url = {https://www.sciencedirect.com/science/article/pii/0024630182900103}, - volume = 15, - year = 1982 -} - -@article{Benhabib2015, - abstract = {We study the wealth distribution in Bewley economies with idiosyncratic capital income risk. We show analytically that under rather general conditions on the stochastic structure of the economy, a unique ergodic distribution of wealth displays a fat tail.}, - author = {Benhabib, Jess and Bisin, Alberto and Zhu, Shenghao}, - doi = {10.1016/j.jet.2015.07.013}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Benhabib, Bisin, Zhu/The wealth distribution in Bewley economies with capital income risk.pdf:pdf}, - issn = 10957235, - journal = {Journal of Economic Theory}, - keywords = {Bewley economies,Capital income risk,Fat tails,Pareto distribution,Wealth distribution}, - month = {sep}, - pages = {489--515}, - publisher = {Academic Press Inc.}, - title = {{The wealth distribution in Bewley economies with capital income risk}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S0022053115001362}, - volume = 159, - year = 2015 -} - -@article{Benzoni2007, - abstract = {We study portfolio choice when labor income and dividends are cointegrated. Economically plausible calibrations suggest young investors should take substantial short positions in the stock market. Because of cointegration the young agent's human capital effectively becomes "stock-like." However, for older agents with shorter times-to-retirement, cointegration does not have sufficient time to act, and thus their human capital becomes more "bond-like." Together, these effects create hump-shaped life-cycle portfolio holdings, consistent with empirical observation. These results hold even when asset return predictability is accounted for. {\textcopyright} 2007 by The American Finance Association.}, - author = {Benzoni, Luca and Collin-Dufresne, Pierre and Goldstein, Robert S.}, - doi = {10.1111/j.1540-6261.2007.01271.x}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Benzoni, Collin-Dufresne, Goldstein/Portfolio choice over the life-cycle when the stock and labor markets are cointegrated.pdf:pdf}, - issn = 00221082, - journal = {Journal of Finance}, - month = {oct}, - number = 5, - pages = {2123--2167}, - title = {{Portfolio choice over the life-cycle when the stock and labor markets are cointegrated}}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1540-6261.2007.01271.x?casa{\_}token=BI6n3dVWkuEAAAAA:5Y2I5dk1GKUXATMEpT2wyo6jDCPKftp14vjB-hzk8VsHQ5nWEQ90L6BLEHkFu38EMWmiNfFd3siAVpjP https://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.2007.01271.x http}, - volume = 62, - year = 2007 -} - -@article{bglvHousingWealthEffect2018, - abstract = {Recent empirical work shows large consumption responses to house price movements. This is at odds with a prominent theoretical view which, using the logic of the permanent income hypothesis, argues that consumption responses should be small. We show that, in contrast to this view, workhorse models of consumption with incomplete markets calibrated to rich cross-sectional micro facts actually predict large consumption responses, in line with the data. To explain this result, we show that consumption responses to permanent house price shocks can be approximated by a simple and robust rule-of-thumb formula: the marginal propensity to consume out of temporary income times the value of housing. In our model, consumption responses depend on a number of factors such as the level and distribution of debt, the size and history of house price shocks, and the level of credit supply. Each of these effects is naturally explained with our simple formula.}, - author = {Berger, David and Guerrieri, Veronica and Lorenzoni, Guido and Vavra, Joseph}, - doi = {10.1093/restud/rdx060}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Berger et al/House Prices and Consumer Spending.pdf:pdf}, - issn = {1467937X}, - journal = {Review of Economic Studies}, - keywords = {Consumption,Debt,House prices,Leverage,MPC,State-dependence}, - month = {jul}, - number = 3, - pages = {1502--1542}, - title = {{House prices and consumer spending}}, - url = {https://academic.oup.com/restud/article/85/3/1502/4371413 https://academic.oup.com/restud/article-abstract/85/3/1502/4371413}, - volume = 85, - year = 2018 -} - -@article{berkovec1992general, - abstract = {We describe a model in which rental and owner housing are risky assets, tenure choice is endogenous, and each household is constrained to consume the same amount of owner housing that it has in its investment portfolio. At each iteration in the search for an equilibrium, we determine the new taxable income for each of 3,578 households (from the Survey of Consumer Finances), and we use statutory schedules to find the marginal rate and tax paid. Equilibrium net rates of return are major determinants of the amount of owner housing, but a logit model indicates that demographic factors are the main determinants of ownership rates. In our simulation, taxes on owner housing would raise welfare not only by reallocating capital but also by the government's taking part of the risk from individual properties and diversifying it away. Measures to disallow property tax or mortgage interest deductions do not help share this risk. Simulations of the 1986 tax reform indicate a small shift from rental to owner housing and welfare gains from reallocating risk. CR - Copyright {\&}{\#}169; 1992 The University of Chicago Press}, - author = {Berkovec, James and Fullerton, Don}, - doi = {10.1086/261822}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Berkovec, Fullerton/A General Equilibrium Model of Housing, Taxes, and Portfolio Choice.pdf:pdf}, - issn = {0022-3808}, - journal = {Journal of Political Economy}, - month = {apr}, - number = 2, - pages = {390--429}, - publisher = {The University of Chicago Press}, - title = {{A General Equilibrium Model of Housing, Taxes, and Portfolio Choice}}, - url = {https://www-journals-uchicago-edu.proxy.lib.ohio-state.edu/doi/abs/10.1086/261822 https://www.journals.uchicago.edu/doi/10.1086/261822}, - volume = 100, - year = 1992 -} - -@ARTICLE{bmsLabor, - title = "{Labor supply flexibility and portfolio choice in a life cycle - model}", - author = "Bodie, Zvi and Merton, Robert C and Samuelson, William F", - abstract = "This paper examines the effect of the labor-leisure choice on - portfolio and consumption decisions over an individual's life - cycle. The model incorporates the fact that individuals may have - considerable flexibility in varying their work effort (including - their choice of when to retire). Given this flexibility, the - individual simultaneously determines optimal levels of current - consumption, labor effort, and an optimal financial investment - strategy at each point in his life cycle. We show that labor and - investment choices are intimately related. The ability to vary - labor supply ex post induces the individual to assume greater - risks in his investment portfolio ex ante.", - journal = "Journal of economic dynamics \& control", - publisher = "Elsevier", - volume = 16, - number = 3, - pages = "427--449", - month = jul, - year = 1992, - url = "https://scholar.google.com/scholar?cluster=5939216431716541742", - file = "All Papers/Other/bodie-et-al-labor supply flexibility portfolio choice in a life cycle model.pdf", - keywords = "bmsLabor;paperpile-ccarroll", - issn = "0165-1889", - doi = "10.1016/0165-1889(92)90044-F" -} - -@article{Bodie1992, - abstract = {This paper examines the effect of the labor-leisure choice on portfolio and consumption decisions over an individual's life cycle. The model incorporates the fact that individuals may have considerable flexibility in varying their work effort (including their choice of when to retire). Given this flexibility, the individual simultaneously determines optimal levels of current consumption, labor effort, and an optimal financial investment strategy at each point in his life cycle. We show that labor and investment choices are intimately related. The ability to vary labor supply ex post induces the individual to assume greater risks in his investment portfolio ex ante. {\textcopyright} 1992.}, - author = {Bodie, Zvi and Merton, Robert C. and Samuelson, William F.}, - doi = {10.1016/0165-1889(92)90044-F}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Bodie, Merton, Samuelson/Labor supply flexibility and portfolio choice in a life cycle model.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/Bodie, Merton, Samuelson/Labor supply flexibility and portfolio choice in a life cycle model(2).pdf:pdf}, - issn = 01651889, - journal = {Journal of Economic Dynamics and Control}, - month = {jul}, - number = {3-4}, - pages = {427--449}, - title = {{Labor supply flexibility and portfolio choice in a life cycle model}}, - url = {https://www.sciencedirect.com/science/article/pii/016518899290044F https://linkinghub.elsevier.com/retrieve/pii/016518899290044F}, - volume = 16, - year = 1992 -} - -@article{BordaloEtAl2017a, - abstract = {We present a model of credit cycles arising from diagnostic expectations—a belief formation mechanism based on Kahneman and Tversky's representativeness heuristic. Diagnostic expectations overweight future outcomes that become more likely in light of incoming data. The expectations formation rule is forward looking and depends on the underlying stochastic process, and thus is immune to the Lucas critique. Diagnostic expectations reconcile extrapolation and neglect of risk in a unified framework. In our model, credit spreads are excessively volatile, overreact to news, and are subject to predictable reversals. These dynamics can account for several features of credit cycles and macroeconomic volatility.}, - author = {Bordalo, Pedro and Gennaioli, Nicola and Shleifer, Andrei}, - doi = {10.1111/jofi.12586}, - issn = 15406261, - journal = {Journal of Finance}, - month = {feb}, - number = 1, - pages = {199--227}, - title = {{Diagnostic Expectations and Credit Cycles}}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/jofi.12586 http://doi.wiley.com/10.1111/jofi.12586 https://onlinelibrary.wiley.com/doi/10.1111/jofi.12586}, - volume = 73, - year = 2018 -} - -@article{Brandsaas2021, - abstract = {This paper argues that a large part of the stock market participation puzzle is driven by high stock market exit rates among participants: In the US, 20{\%} of households who have stock hold no stocks two years later. Using survey data I show that stock market exit frequently coincides with renting households becoming first-time owners. After estimating a life-cycle model of portfolio choice with housing and per-period participation costs, I show that it quantitatively matches the US participation rate, homeownership rate, and entry/exit in stock markets over the entire life-cycle. The introduction of housing increases the exit rate among young new homeowners and reduces the participation rate among middle-aged and retired households by decreasing liquid wealth. Housing reduces the unexplained participation gap between the model and the data by 71{\%}, compared to a model without housing.}, - author = {Brandsaas, Eirik}, - doi = {10.2139/ssrn.3256502}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Brandsaas/Household Stock Market Participation The Role of Homeownership.pdf:pdf}, - issn = {1556-5068}, - journal = {SSRN Electronic Journal}, - title = {{Household Stock Market Participation: The Role of Homeownership}}, - url = {http://papers.eebrandsaas.com/StockParticipationWithHousing.pdf https://www.ssrn.com/abstract=3256502}, - year = 2018 -} - -@article{Brandt2010, - abstract = {This chapter focuses on the econometric treatment of portfolio choice problems. The goal is to describe, discuss, and illustrate through examples the different econometric approaches proposed in the literature for relating the theoretical formulation and solution of a portfolio choice problem to the data. In focusing on the econometrics of the portfolio choice problem, this chapter is at best a cursory overview of the broad portfolio choice literature. Much of the discussion is focused on the single-period portfolio choice problem with standard preferences, normally distributed returns, and frictionless markets. There are many recent advances in the portfolio choice literature. The econometric techniques discussed in this chapter can be applied to realistic formulations. It also discusses a number of modeling issues and extensions that arise in formulating the problem. {\textcopyright} 2010 Elsevier Inc. All rights reserved.}, - author = {Brandt, Michael W.}, - doi = {10.1016/B978-0-444-50897-3.50008-0}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Brandt/Portfolio Choice Problems.pdf:pdf}, - isbn = 9780444508973, - journal = {Handbook of Financial Econometrics, Vol 1}, - pages = {269--336}, - title = {{Portfolio Choice Problems}}, - url = {https://www.sciencedirect.com/science/article/pii/B9780444508973500080}, - year = 2010 -} - -@article{briggs2020a, - abstract = {We exploit the randomized assignment of lottery prizes in a large administrative Swedish data set to estimate the causal effect of wealth on stock market participation. A {\$}150,000 windfall gain increases the stock market participation probability by 12 percentage points among prelottery nonparticipants but has no discernible effect on prelottery stock owners. A structural life cycle model significantly overpredicts entry rates even for very high entry costs (up to {\$}31,000). Additional analyses implicate pessimistic beliefs regarding equity returns as a major source of this overprediction and suggest that both recent and early-life return realizations affect beliefs.}, - author = {Briggs, Joseph and Cesarini, David and Lindqvist, Erik and {\"{O}}stling, Robert}, - doi = {10.1016/j.jfineco.2020.07.014}, - issn = {0304405X}, - journal = {Journal of Financial Economics}, - keywords = {Household saving and personal finance,Intertemporal consumer choice,Portfolio choice and investment decisions}, - month = {jan}, - number = 1, - pages = {57--83}, - title = {{Windfall gains and stock market participation}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S0304405X20302245}, - volume = 139, - year = 2021 -} - -@article{Brueckner1997, - abstract = {This article investigates the portfolio choices of homeowners, taking into account the investment constraint introduced by Henderson and Ioannides (1983). This constraint requires housing investment by homeowners to be at least as large as housing consumption. It is shown that when the constraint is binding, the homeowner's optimal portfolio is ineffcient in a mean-variance sense. Thus, portfolio inefficiency is not an indication that consumers are irrational or careless in their financial decisions. Instead, inefficiency can be seen as the result of a rational balancing of the consumption benefits and portfolio distortion associated with housing investment.}, - author = {Brueckner, Jan K.}, - doi = {10.1023/A:1007777532293}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Brueckner/Consumption and Investment Motives and the Portfolio Choices of Homeowners.pdf:pdf}, - issn = 08955638, - journal = {Journal of Real Estate Finance and Economics}, - keywords = {Homeownership,Mean-variance inefficient,Overinvestment,Portfolio}, - number = 2, - pages = {159--180}, - publisher = {Springer}, - title = {{Consumption and Investment Motives and the Portfolio Choices of Homeowners}}, - url = {https://link-springer-com.proxy.lib.ohio-state.edu/article/10.1023/A:1007777532293}, - volume = 15, - year = 1997 -} - -@article{Brunnermeier2008, - abstract = {We use data from the Panel Study of Income Dynamics to investigate how households' portfolio allocations change in response to wealth fluctuations. Persistent habits, consumption commitments, and subsistence levels can generate time-varying risk aversion with the consequence that when the level of liquid wealth changes, the proportion a household invests in risky assets should also change in the same direction. In contrast, our analysis shows that the share of liquid assets that households invest in risky assets is not affected by wealth changes. Instead, one of the major drivers of household portfolio allocation seems to be inertia: households rebalance only very slowly following inflows and outflows or capital gains and losses.}, - author = {Brunnermeier, Markus K. and Nagel, Stefan}, - doi = {10.1257/aer.98.3.713}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Brunnermeier, Nagel/Do wealth fluctuations generate time-varying risk aversion Micro-evidence on individuals' asset allocation.pdf:pdf}, - issn = 00028282, - journal = {American Economic Review}, - month = {may}, - number = 3, - pages = {713--736}, - title = {{Do wealth fluctuations generate time-varying risk aversion? Micro-evidence on individuals' asset allocation}}, - url = {https://www.aeaweb.org/articles?id=10.1257/aer.98.3.713 https://pubs.aeaweb.org/doi/10.1257/aer.98.3.713}, - volume = 98, - year = 2008 -} - -@article{BrunnermeierParker2005, - abstract = {Forward-looking agents care about expected future utility flows, and hence have higher current felicity if they are optimistic. This paper studies utility-based biases in beliefs by supposing that beliefs maximize average felicity, optimally balancing this benefit of optimism against the costs of worse decision making. A small optimistic bias in beliefs typically leads to first-order gains in anticipatory utility and only second-order costs in realized outcomes. In a portfolio choice example, investors overestimate their return and exhibit a preference for skewness; in general equilibrium, investors' prior beliefs are endogenously heterogeneous. In a consumption-saving example, consumers are both overconfident and overoptimistic.}, - author = {Brunnermeier, Markus K. and Parker, Jonathan A.}, - doi = {10.1257/0002828054825493}, - issn = 00028282, - journal = {American Economic Review}, - month = {aug}, - number = 4, - pages = {1092--1118}, - title = {{Optimal expectations}}, - url = {https://pubs.aeaweb.org/doi/10.1257/0002828054825493}, - volume = 95, - year = 2005 -} - -@techreport{FernaldEtAl2016, - abstract = {After 2004, measured growth in labor productivity and total factor productivity slowed. We find little evidence that this slowdown arises from growing mismeasurement of the gains from innovation in information technology–related goods and services. First, the mismeasurement of information technology hardware is significant preceding the slowdown. Because the domestic production of these products has fallen, the quantitative effect on productivity was larger in the 1995–2004 period than since then, despite mismeasurement worsening for some types of information technology. Hence, our adjustments make the slowdown in labor productivity worse. The effect on total factor productivity is more muted. Second, many of the tremendous consumer benefits from the “new” economy such as smartphones, Google searches, and Facebook are, conceptually, nonmarket: Consumers are more productive in using their nonmarket time to produce services they value. These benefits raise consumer well-being but do not imply that market sector production functions are shifting out more rapidly than measured. Moreover, estimated gains in nonmarket production are too small to compensate for the loss in overall well-being from slower market sector productivity growth. In addition to information technology, other measurement issues that we can quantify (such as increasing globalization and fracking) are also quantitatively small relative to the slowdown. The things at which Google and its peers excel, from Internet search to mobile software, are changing how we work, play and communicate, yet have had little discernible macroeconomic impact{\ldots}. Transformative innovation really is happening on the Internet. It's just not happening elsewhere.}, - annote = {tex.series: Brookings Papers on Economic Activity}, - author = {Byrne, David M. and Fernald, John G. and Reinsdorf, Marshall B.}, - booktitle = {Brookings Papers on Economic Activity}, - doi = {10.1353/eca.2016.0014}, - institution = {Brookings Institute}, - issn = 15334465, - month = {mar}, - number = {SPRING}, - pages = {109--182}, - title = {{Does the united states have a productivity slowdown or a measurement problem?}}, - type = {Working {\{}Paper{\}}}, - url = {https://www.brookings.edu/wp-content/uploads/2016/03/ByrneEtAl{\_}ProductivityMeasurement{\_}ConferenceDraft.pdf https://muse.jhu.edu/article/629297}, - volume = 2016, - year = 2016 -} - -@article{calvet2007a, - abstract = {This paper investigates the efficiency of household investment decisions using comprehensive disaggregated Swedish data. We consider two main sources of inefficiency: underdiversification ("down") and nonparticipation in risky asset markets ("out"). While a few house-holds are very poorly diversified, most Swedish households outperform, the Sharpe ratio of their domestic stock index through international diversification. Financially sophisticated households invest more efficiently but also more aggressively, and overall they incur higher return losses from underdiversification. The return cost of nonparticipation is smaller by almost one-half when we take account of the fact that nonparticipants would likely be inefficient investors. {\textcopyright} 2007 by The University of Chicago. All rights reserved.}, - author = {Calvet, Laurent E. and Campbell, John Y. and Sodini, Paolo}, - doi = {10.1086/524204}, - issn = 00223808, - journal = {Journal of Political Economy}, - month = {oct}, - number = 5, - pages = {707--747}, - title = {{Down or out: Assessing the welfare costs of household investment mistakes}}, - url = {https://www.journals.uchicago.edu/doi/10.1086/524204}, - volume = 115, - year = 2007 -} - -@article{Campanale2011, - abstract = {In the present paper I develop a life-cycle portfolio choice model where agents perceive stock returns to be ambiguous and are ambiguity averse. As in Epstein and Schneider (2005) part of the ambiguity vanishes over time as a consequence of learning over observed returns. The model shows that ambiguity alone can rationalize moderate stock market participation rates and conditional shares with reasonable participation costs but has strongly counterfactual implications for conditional allocations to stocks by age and wealth. When learning is allowed, conditional shares over the life-cycle are instead aligned with the empirical evidence and patterns of stock holdings over the wealth distribution get closer to the data. {\textcopyright} 2009 Elsevier Inc.}, - author = {Campanale, Claudio}, - doi = {10.1016/j.red.2009.09.002}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Campanale/Learning, ambiguity and life-cycle portfolio allocation.pdf:pdf}, - issn = 10942025, - journal = {Review of Economic Dynamics}, - keywords = {Ambiguity,Learning,Life-cycle,Portfolio choice}, - month = {apr}, - number = 2, - pages = {339--367}, - title = {{Learning, ambiguity and life-cycle portfolio allocation}}, - url = {https://www.sciencedirect.com/science/article/pii/S1094202509000519 https://linkinghub.elsevier.com/retrieve/pii/S1094202509000519}, - volume = 14, - year = 2011 -} - -@article{Campanale2015, - abstract = {Traditionally, quantitative models that have studied households' portfolio choices have focused exclusively on the different risk properties of alternative financial assets. We introduce differences in liquidity across assets in the standard life-cycle model of portfolio choice. More precisely, in our model, stocks are subject to transaction costs, as considered in recent macroliterature. We show that when these costs are calibrated to match the observed infrequency of households' trading, the model is able to generate patterns of portfolio stock allocation over age and wealth that are constant or moderately increasing, thus more in line with the existing empirical evidence.}, - author = {Campanale, Claudio and Fugazza, Carolina and Gomes, Francisco}, - doi = {10.1016/j.jmoneco.2014.11.008}, - issn = 03043932, - journal = {Journal of Monetary Economics}, - keywords = {Cash-in-advance,Household portfolio choice,Self-insurance,Transaction cost}, - pages = {67--83}, - title = {{Life-cycle portfolio choice with liquid and illiquid financial assets}}, - url = {https://www.sciencedirect.com/science/article/pii/S0304393214001652?casa{\_}token=eNb5stb57CIAAAAA:SI5G7GLZ2US1iwPCXPW52-7ghQNc1UOrB3QIr2f90Jk49{\_}y52lYcAeLI0vfE-tXr9H8a5wOtShc}, - volume = 71, - year = 2015 -} - -@article{Campbell2006, - abstract = {The study of household finance is challenging because household behavior is difficult to measure, and households face constraints not captured by textbook models. Evidence on participation, diversification, and mortgage refinancing suggests that many households invest effectively, but a minority make significant mistakes. This minority appears to be poorer and less well educated than the majority of more successful investors. There is some evidence that households understand their own limitations and avoid financial strategies for which they feel unqualified. Some financial products involve a cross-subsidy from naive to sophisticated households, and this can inhibit welfare-improving financial innovation.}, - author = {Campbell, John Y.}, - doi = {10.1111/j.1540-6261.2006.00883.x}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Campbell/Household finance.pdf:pdf}, - issn = 00221082, - journal = {Journal of Finance}, - month = {aug}, - number = 4, - pages = {1553--1604}, - title = {{Household finance}}, - url = {https://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.2006.00883.x}, - volume = 61, - year = 2006 -} - -@article{Campbell2003, - abstract = {This paper asks how a household should choose between a fixed-rate (FRM) and an adjustable-rate (AEM) mortgage. In an environment with uncertain inflation a nominal FRM has a risky real capital value, whereas an ARM has a stable real capital value but short-term variability in required real payments. Numerical solution of a life-cycle model with borrowing constraints and income risk shows that an ARM is generally attractive, but less so for a risk-averse household with a large mortgage, risky income, high default cost, or low moving probability. An inflation-indexed FRM can improve substantially on standard nominal mortgages. {\textcopyright} Oxford University Press 2001.}, - author = {Campbell, John Y. and Cocco, Jo{\~{a}}o F.}, - doi = {10.1162/003355303322552847}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Campbell, Cocco/Household risk management and optimal mortgage choice.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/Campbell, Cocco/Household risk management and optimal mortgage choice.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/Campbell, Cocco/Household risk management and optimal mortgage choice.pdf:pdf}, - issn = 00335533, - journal = {Quarterly Journal of Economics}, - month = {nov}, - number = 4, - pages = {1449--1494}, - publisher = {Oxford Academic}, - title = {{Household risk management and optimal mortgage choice}}, - url = {https://academic.oup.com/qje/article-abstract/118/4/1449/1925116 https://doi.org/10.1162/003355303322552847 https://academic.oup.com/qje/article-lookup/doi/10.1162/003355303322552847}, - volume = 118, - year = 2003 -} - -@article{Campbell2007, - abstract = {Housing is a major component of wealth. Since house prices fluctuate considerably over time, it is important to understand how these fluctuations affect households' consumption decisions. Rising house prices may stimulate consumption by increasing households' perceived wealth, or by relaxing borrowing constraints. This paper investigates the response of household consumption to house prices using UK micro data. We estimate the largest effect of house prices on consumption for older homeowners, and the smallest effect, insignificantly different from zero, for younger renters. This finding is consistent with heterogeneity in the wealth effect across these groups. In addition, we find that regional house prices affect regional consumption growth. Predictable changes in house prices are correlated with predictable changes in consumption, particularly for households that are more likely to be borrowing constrained, but this effect is driven by national rather than regional house prices and is important for renters as well as homeowners, suggesting that UK house prices are correlated with aggregate financial market conditions. {\textcopyright} 2006 Elsevier B.V. All rights reserved.}, - author = {Campbell, John Y. and Cocco, Jo{\~{a}}o F.}, - doi = {10.1016/j.jmoneco.2005.10.016}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Campbell, Cocco/How do house prices affect consumption Evidence from micro data.pdf:pdf}, - issn = 03043932, - journal = {Journal of Monetary Economics}, - keywords = {Borrowing constraints,Pseudo-panel,Wealth effect}, - month = {apr}, - number = 3, - pages = {591--621}, - publisher = {North-Holland}, - title = {{How do house prices affect consumption? Evidence from micro data}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S0304393206001279 https://www.sciencedirect.com/science/article/pii/S0304393206001279?casa{\_}token=1daAiz9JDPMAAAAA:WUWcEQ1uzBodvDvQvljC2sVNs1g7skPUdRjTcnlaZRfBdh1N933gQv0qEyyqqL5M17atqDPb}, - volume = 54, - year = 2007 -} - -@article{ccMortgageDefault2013, - abstract = {In this paper, we solve a dynamic model of households' mortgage decisions incorporating labor income, house price, inflation, and interest rate risk. Using a zero-profit condition for mortgage lenders, we solve for equilibrium mortgage rates given borrower characteristics and optimal decisions. The model quantifies the effects of adjustable versus fixed mortgage rates, loan-to-value ratios, and mortgage affordability measures on mortgage premia and default. Mortgage selection by heterogeneous borrowers helps explain the higher default rates on adjustable-rate mortgages during the recent U.S. housing downturn, and the variation in mortgage premia with the level of interest rates.}, - author = {Campbell, John Y. and Cocco, Jo{\~{a}}o F.}, - doi = {10.1111/jofi.12252}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Campbell, Cocco/A Model of Mortgage Default.pdf:pdf}, - issn = 15406261, - journal = {Journal of Finance}, - keywords = {models-wanted}, - month = {aug}, - number = 4, - pages = {1495--1554}, - publisher = {Blackwell Publishing Ltd}, - title = {{A Model of Mortgage Default}}, - url = {http://doi.wiley.com/10.1111/jofi.12252 www.fhfa.gov. https://onlinelibrary.wiley.com/doi/10.1111/jofi.12252}, - volume = 70, - year = 2015 -} - -@article{Carroll2020, - author = {Carroll, Christopher}, - journal = {Think Forward Initiative}, - number = {https://www.thinkforwardinitiative.com/stories/optimal-financial-investments-over-the-life-cycle}, - title = {{Optimal Financial Investments Over the Life Cycle}}, - url = {https://www.thinkforwardinitiative.com/stories/optimal-financial-investments-over-the-life-cycle}, - year = 2020 -} - -@article{carroll1997a, - abstract = {This paper uses the Panel Study of Income Dynamics to provide some of the first direct evidence that wealth is systematically higher for consumers with predictably greater income uncertainty. However, the apparent pattern of precautionary wealth is not consistent with a standard parameterization of the life cycle model in which consumers are patient enough to begin saving for retirement early in life; wealth is estimated to be far less sensitive to uncertainty than implied by that model. Instead, our results suggest that over most of their working life time, consumers behave in accordance with the 'buffer-stock' models of saving described in Carroll (1992, 1997) or Deaton (1991), in which consumers hold wealth principally to insulate consumption against near-term fluctuations in income.}, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - doi = {10.1016/S0304-3932(97)00036-6}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Carroll, Samwick/The nature of precautionary wealth.pdf:pdf}, - issn = 03043932, - journal = {Journal of Monetary Economics}, - keywords = {Income uncertainty,Precautionary saving,Wealth}, - month = {sep}, - number = 1, - pages = {41--71}, - publisher = {Elsevier}, - title = {{The nature of precautionary wealth}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S0304393297000366}, - volume = 40, - year = 1997 -} - -@incollection{catherine2019a, - abstract = {This paper presents a life-cycle model that incorporates the cyclical skewness of labor income shocks. Cyclical skewness can explain the limited stock market participation of households with modest financial wealth and the positive age trend in conditional equity shares. Structural estimation reveals that a relative risk aversion of 5 and a yearly participation cost of {\$}290 fits the US data. Omitting cyclical skewness leads to a three-fold overestimation of participation costs and generates a counterfactual decline of conditional equity shares. As its portfolio implications are smaller for wealthy households, cyclical skewness reduces aggregate demand for equity by only 15{\%}.}, - author = {Catherine, Sylvain}, - booktitle = {SSRN Electronic Journal}, - doi = {10.2139/ssrn.2778892}, - issn = {1556-5068}, - keywords = {D14,D91,G11,G12,H06,Household finance,Human capital,J24,Labor income risk,Life-cycle model,Portfolio choices,Simulated method of moments}, - title = {{Portfolio Choices Over the Life-Cycle and the Cyclical Skewness of Labor Income Shocks}}, - url = {http://www.ssrn.com/abstract=2778892}, - year = 2016 -} - -@incollection{chang2020a, - abstract = {This paper shows that the evolving likelihood of marriage and divorce is an essential factor in accounting for the changes in housing decisions over time in the United States. To quantify the importance of this channel, I build a life-cycle model of single and married households who face exogenous age-dependent marital transition shocks. I then estimate the parameters of the model by a limited information Bayesian method to match the moments from 1995's cross-section data. I conduct a decomposition analysis between 1970 and 1995, two years with similar real house prices but substantially different probabilities of marital transitions. I find that the change in the likelihood of marital transitions accounts for 29{\%} of the observed increase in the homeownership rate of singles. This portion is substantial given that the changes in downpayment requirements, earnings risk, and spousal labor productivity jointly replicate 45{\%} of the change. When the change in marital transitions is shut down, the marrieds' housing asset share increases, which is opposite to the data's pattern. Then I extend my analysis to study whether the ongoing change in marital transitions still plays a role in explaining housing decisions in recent years, which have seen dramatically changing house prices. In addition to other factors such as credit constraints, wages, and beliefs on price appreciation that are often suggested as drivers for homeownership increase during the housing boom in the mid-2000s, I show that the continuing decrease in marriage contributes to an approximately 7{\%} increase in the homeownership rate for young singles.}, - author = {Chang, Minsu}, - booktitle = {Working Paper}, - keywords = {divorce,homeownership,house prices,household formation,marriage,portfolio share}, - title = {{A House Without a Ring: The Role of Changing Marital Transitions for Housing Decisions}}, - url = {https://economics.sas.upenn.edu/system/files/2018-11/JMP{\_}MinsuChang.pdf}, - year = 2020 -} - -@article{chang2018a, - abstract = {The standard life-cycle models of household portfolio choice have difficulty generating a realistic age profile of risky share. These models not only imply a high risky share on average but also a steeply decreasing age profile, whereas the risky share is mildly increasing in the data. We introduce age-dependent, labor market uncertainty into an otherwise standard model. A great uncertainty in the labor market-high unemployment risk, frequent job turnovers, and an unknown career path-prevents young workers from taking too much risk in the financial market. As labor market uncertainty is resolved over time, workers start taking more risk in their financial portfolios.}, - author = {Chang, Yongsung and Hong, Jay H. and Karabarbounis, Marios}, - doi = {10.1257/mac.20160207}, - issn = 19457715, - journal = {American Economic Journal: Macroeconomics}, - month = {apr}, - number = 2, - pages = {222--262}, - title = {{Labor market uncertainty and portfolio choice puzzles}}, - url = {https://pubs.aeaweb.org/doi/10.1257/mac.20160207}, - volume = 10, - year = 2018 -} - -@article{Chetty2007, - abstract = {Many households devote a large fraction of their budgets to "consumption commitments" - goods that involve transaction costs and are infrequently adjusted. This paper characterizes risk preferences in an expected utility model with commitments. We show that commitments affect risk preferences in two ways: (1) they amplify risk aversion with respect to moderate-stake shocks, and (2) they create a motive to take large-payoff gambles. The model thus helps resolve two basic puzzles in expected utility theory: the discrepancy between moderate-stake and large-stake risk aversion and lottery playing by insurance buyers. We discuss applications of the model such as the optimal design of social insurance and tax policies, added worker effects in labor supply, and portfolio choice. Using event studies of unemployment shocks, we document evidence consistent with the consumption adjustment patterns implied by the model.}, - author = {Chetty, R. A.J. and Szeidl, Adam}, - doi = {10.1162/qjec.122.2.831}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Chetty, Szeidl/Consumption commitments and risk preferences.pdf:pdf}, - issn = 00335533, - journal = {Quarterly Journal of Economics}, - month = {may}, - number = 2, - pages = {831--877}, - publisher = {Oxford Academic}, - title = {{Consumption commitments and risk preferences}}, - url = {https://academic-oup-com.proxy.lib.ohio-state.edu/qje/article/122/2/831/1942152 https://academic.oup.com/qje/article-lookup/doi/10.1162/qjec.122.2.831 https://academic.oup.com/qje/article/122/2/831/1942152}, - volume = 122, - year = 2007 -} - -@article{Chetty2017, - abstract = {We show that characterizing the effects of housing on portfolios requires distinguishing between the effects of home equity and mortgage debt. We isolate exogenous variation in home equity and mortgages by using differences across housing markets in house prices and housing supply elasticities as instruments. Increases in property value (holding home equity constant) reduce stockholdings, while increases in home equity wealth (holding property value constant) raise stockholdings. The stock share of liquid wealth would rise by 1 percentage point—6{\%} of the mean stock share—if a household were to spend 10{\%} less on its house, holding fixed wealth.}, - author = {CHETTY, RAJ and S{\'{A}}NDOR, L{\'{A}}SZL{\'{O}} and SZEIDL, ADAM}, - doi = {10.1111/jofi.12500}, - file = {:C$\backslash$:/Users/alujan/Mendeley/CHETTY, S{\'{A}}NDOR, SZEIDL/The Effect of Housing on Portfolio Choice.pdf:pdf}, - issn = {0022-1082}, - journal = {The Journal of Finance}, - keywords = {Denis Foug{\`{e}}re,Mathilde Poulhes,SSRN,The Effect of Housing on Portfolio Choice: A Reapp,housing,mortgage debt,portfolio choice,property value}, - month = {jun}, - number = 3, - pages = {1171--1212}, - publisher = {John Wiley {\&} Sons, Ltd}, - title = {{The Effect of Housing on Portfolio Choice}}, - url = {https://papers-ssrn-com.proxy.lib.ohio-state.edu/abstract=2210182 https://onlinelibrary.wiley.com/doi/10.1111/jofi.12500 https://onlinelibrary.wiley.com/doi/abs/10.1111/jofi.12500?casa{\_}token=GU67UwFgKksAAAAA:jS2fO4QbWscL3lzURZivZ842OFL{\_}5munFQjBvKHtBtuSwkf}, - volume = 72, - year = 2017 -} - -@article{fratantoni1998homeownership, - abstract = {This study examines how housing influences households' risky asset holdings in multiple European countries, using the 2004 Survey of Health, Ageing and Retirement in Europe (SHARE) data set. This research provides three major findings. First, homeowners in bank-based economies have a significantly lower probability of participating in the stock market, whereas in market-based economies, homeownership has no significant impact on this probability. Second, homeowners tend to invest a lower share of their financial assets in stocks compared to renters. Third, households with a higher home value to wealth ratio invest a lower share of financial assets in stocks in countries with more developed mortgage markets. In contrast, in countries with underdeveloped mortgage markets, households with a higher home value to wealth ratio invest a larger share of financial assets in stocks. The results of this study suggest that recognizing differences in financial market structures is crucial to understanding the relationship between housing investment and stock investment.}, - author = {Cho, Insook}, - doi = {10.5539/res.v6n4p254}, - issn = 19187181, - journal = {Review of European Studies}, - keywords = {Homeownership,Household portfolio,Risky asset holdings,SHARE}, - number = 4, - pages = {254--267}, - publisher = {Elsevier}, - title = {{Homeownership and investment in risky assets in Europe}}, - volume = 6, - year = 2014 -} - -@article{ChristianoEtAl2015, - abstract = {We argue that the vast bulk of movements in aggregate real economic activity during the Great Recession were due to financial frictions. We reach this conclusion by looking through the lens of an estimated New Keynesian model in which firms face moderate degrees of price rigidities, no nominal rigidities in wages, and a binding zero lower bound constraint on the nominal interest rate. Our model does a good job of accounting for the joint behavior of labor and goods markets, as well as inflation, during the Great Recession. According to the model the observed fall in total factor productivity and the rise in the cost of working capital played critical roles in accounting for the small drop in inflation that occurred during the Great Recession.}, - author = {Christiano, Lawrence J. and Eichenbaum, Martin S. and Trabandt, Mathias}, - doi = {10.1257/mac.20140104}, - issn = 19457715, - journal = {American Economic Journal: Macroeconomics}, - month = {jan}, - number = 1, - pages = {110--167}, - title = {{Understanding the great recession}}, - url = {https://pubs.aeaweb.org/doi/10.1257/mac.20140104}, - volume = 7, - year = 2015 -} - -@article{Cocco2004rfs, - abstract = {I show that investment in housing plays a crucial role in explaining the patterns of cross-sectional variation in the composition of wealth and the level of stockholdings observed in portfolio composition data. Due to investment in housing, younger and poorer investors have limited financial wealth to invest in stocks, which reduces the benefits of equity market participation. House price risk crowds out stockholdings, and this crowding out effect is larger for low financial net-worth. In the model as in the data leverage is positively correlated with stockholdings. {\textcopyright} 2004 The Society for Financial Studies; all rights reserved.}, - author = {Cocco, Jo{\~{a}}o F.}, - doi = {10.1093/rfs/hhi006}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Cocco/Portfolio choice in the presence of housing.pdf:pdf}, - issn = 08939454, - journal = {Review of Financial Studies}, - month = {jun}, - number = 2, - pages = {535--567}, - publisher = {Oxford Academic}, - title = {{Portfolio choice in the presence of housing}}, - url = {https://academic.oup.com/rfs/article-abstract/18/2/535/1599873 https://doi.org/10.1093/rfs/hhi006 https://academic.oup.com/rfs/article-lookup/doi/10.1093/rfs/hhi006}, - volume = 18, - year = 2005 -} - -@article{Cocco2005, - abstract = {This article solves a realistically calibrated life cycle model of consumption and portfolio choice with non-tradable labor income and borrowing constraints. Since labor income substitutes for riskless asset holdings, the optimal share invested in equities is roughly decreasing over life. We compute a measure of the importance of human capital for investment behavior. We find that ignoring labor income generates large utility costs, while the cost of ignoring only its risk is an order of magnitude smaller, except when we allow for a disastrous labor income shock. Moreover, we study the implications of introducing endogenous borrowing constraints in this incomplete-markets setting. {\textcopyright} 2005 The Society for Financial Studies; all rights reserved.}, - author = {Cocco, Jo{\~{a}}o F. and Gomes, F. J. and Maenhout, Pascal J.}, - doi = {10.1093/rfs/hhi017}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Cocco, Gomes, Maenhout/Consumption and Portfolio Choice over the Life Cycle.pdf:pdf}, - issn = 08939454, - journal = {Review of Financial Studies}, - month = {jun}, - number = 2, - pages = {491--533}, - publisher = {Oxford Academic}, - title = {{Consumption and portfolio choice over the life cycle}}, - url = {https://academic.oup.com/rfs/article/18/2/491/1599892 https://academic.oup.com/rfs/article-lookup/doi/10.1093/rfs/hhi017 https://academic-oup-com.proxy.lib.ohio-state.edu/rfs/article/18/2/491/1599892 https://academic.oup.com/rfs/article-abstract/18/2/491/}, - volume = 18, - year = 2005 -} - -@article{cooper2016a, - abstract = {This paper studies household financial choices: why are these decisions dependent on the education level of the household? A life-cycle model is constructed to understand a rich set of facts about decisions of households with different levels of educational attainment regarding stock market participation, the stock share in wealth, the stock adjustment rate and the wealth-income ratio. Model parameters, including preferences, the costs of stock market participation and portfolio adjustment, are estimated to match financial decisions by different education groups. Based on the estimated model, education affects household finance mainly through increased average income. The estimation also finds evidence that higher educational attainment is associated with a lower stock market entry cost and a larger discount factor. Education specific differences in income risks, medical expenses, mortality risks and the life-cycle pattern of income explain relatively little of the observed differences in household financial choices.}, - author = {Cooper, Russell and Zhu, Guozhong}, - doi = {10.1016/j.red.2015.12.001}, - issn = 10942025, - journal = {Review of Economic Dynamics}, - keywords = {Household finance,Life-cycle choices,Role of education}, - month = {apr}, - pages = {63--89}, - title = {{Household finance over the life-cycle: What does education contribute?}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S1094202515000721}, - volume = 20, - year = 2016 -} - -@article{Corbae2015, - abstract = {How much of the foreclosure crisis can be explained by the large number of high-leverage mortgages originated during the housing boom? In our model, heterogeneous households select from mortgages with different down payments and choose whether to default given income and housing shocks. The use of low–down payment loans is initially limited by payment-to-income requirements but becomes unrestricted during the boom. The model approximates key housing andmortgagemarket facts before and after the crisis. A counterfactual experiment suggests that the increased number of high-leverage loans originated prior to the crisis can explain over 60 percent of the rise in foreclosure rates.}, - author = {Corbae, Dean and Quintin, Erwan}, - doi = {10.1086/677349}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Corbae, Quintin/Leverage and the foreclosure crisis.pdf:pdf}, - issn = {1537534X}, - journal = {Journal of Political Economy}, - keywords = {models-wanted}, - month = {feb}, - number = 1, - pages = {1--65}, - publisher = {University of Chicago Press}, - title = {{Leverage and the foreclosure crisis}}, - url = {https://www.journals.uchicago.edu/doi/10.1086/677349}, - volume = 123, - year = 2015 -} - -@article{Corradin2014, - abstract = {We develop and solve a model of optimal portfolio choice with transaction costs and predictability in house prices. We model house prices using a process with a time-varying expected growth rate. Housing adjustments are infrequent and characterized by both the wealth-to-housing ratio and the expected growth in house prices. We find that the housing portfolio share immediately after moving to a more valuable house is higher during periods of high expected growth in house prices. We also find that the share of wealth invested in risky assets is lower during periods of high expected growth in house prices. Finally, the decrease in risky portfolio holdings for households moving to a more valuable house is greater in high-growth periods. These findings are robust to tests using household-level data from the Panel Study of Income Dynamics (PSID) and Survey of Income and Program Participation (SIPP) surveys. The coefficients obtained using model-simulated data are consistent with those obtained in the empirical tests. {\textcopyright} 2013 The Author.}, - author = {Corradin, Stefano and Fillat, Jos{\'{e}} L. and Vergara-Alert, Carles}, - doi = {10.1093/rfs/hht062}, - issn = 08939454, - journal = {Review of Financial Studies}, - month = {mar}, - number = 3, - pages = {823--880}, - publisher = {Oxford Academic}, - title = {{Optimal portfolio choice with predictability in house prices and transaction costs}}, - url = {https://academic-oup-com.proxy.lib.ohio-state.edu/rfs/article/27/3/823/1579904 https://academic.oup.com/rfs/article-lookup/doi/10.1093/rfs/hht062}, - volume = 27, - year = 2014 -} - -@article{dahlquist2018a, - abstract = {We characterize the optimal default fund in a defined contribution (DC) pension plan. Using detailed data on individuals' holdings inside and outside the pension system, we find substantial heterogeneity within and between passive and active investors in terms of labor income, financial wealth, and stock market participation. We build a life-cycle consumption-savings model, with a DC pension account and an opt-out/default choice, that produces realistic investor heterogeneity. Relative to a common age-based allocation, implementing the optimal default asset allocation implies a welfare gain of 1.5{\%} during retirement. Much of the gain is attainable with a simple rule of thumb.}, - annote = {Forthcomin}, - author = {Dahlquist, Magnus and Setty, Ofer and Vestman, Roine}, - doi = {10.1111/jofi.12697}, - issn = 15406261, - journal = {Journal of Finance}, - month = {aug}, - number = 4, - pages = {1893--1936}, - title = {{On the Asset Allocation of a Default Pension Fund}}, - url = {https://onlinelibrary.wiley.com/doi/10.1111/jofi.12697}, - volume = 73, - year = 2018 -} - -@techreport{Daruich2018, - abstract = {To study long-run large-scale early childhood policies, this paper incorporates early childhood investments into a standard general-equilibrium (GE) heterogeneous-agent overlapping-generations model. Aer estimating it using US data, we show that an RCT evaluation of a short-run small-scale early childhood program in the model predicts eects on children's education and income that are similar to the empirical evidence. A long-run large-scale program, however, yields twice as large welfare gains, even aer considering GE and taxation eects. Key to this dierence is that investing in a child not only improves her skills but also creates a beer parent for the next generation.}, - address = {St. Louis, MO, USA}, - author = {Daruich, Diego}, - booktitle = {Ssrn}, - doi = {10.20955/wp.2018.029}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Daruich/The Macroeconomic Consequences of Early Childhood Development Policies.pdf:pdf}, - institution = {Federal Reserve Bank of St. Louis}, - issn = {1556-5068}, - keywords = {Inequality,early childhood development,intergenerational mobility}, - month = {oct}, - number = {2018-29}, - title = {{The Macroeconomic Consequences of Early Childhood Development Policies}}, - url = {https://papers-ssrn-com.proxy.lib.ohio-state.edu/abstract=3265081 https://research.stlouisfed.org/wp/more/2018-029}, - year = 2018 -} - -@article{davis2008a, - abstract = {We construct a quarterly time series of the rent-price ratio for the aggregate stock of owner-occupied housing in the United States, starting in 1960, by merging micro data from the last five Decennial Censuses of Housing surveys with price indexes for house prices and rents. We show that the rent-price ratio ranged between 5 and 5.5 percent between 1960 and 1995, but rapidly declined after 1995. By year-end 2006, the rent-price ratio reached a historic low of 3.5 percent. For the rent-price ratio to return to its historical average over, say, the next five years, house prices likely would have to fall considerably. {\textcopyright} International Association for Research in Income and Wealth 2008.}, - author = {Davis, Morris A. and Lehnert, Andreas and Martin, Robert F.}, - doi = {10.1111/j.1475-4991.2008.00274.x}, - issn = 00346586, - journal = {Review of Income and Wealth}, - month = {jun}, - number = 2, - pages = {279--284}, - title = {{The rent-price ratio for the aggregate stock of owner-occupied housing}}, - url = {https://onlinelibrary.wiley.com/doi/10.1111/j.1475-4991.2008.00274.x}, - volume = 54, - year = 2008 -} - -@article{DeNardi2019, - abstract = {Earnings dynamics are much richer than typically assumed in macro models with heterogeneous agents. This holds for individual-pre-tax and household-post-tax earnings and across administrative and survey data. We estimate two alternative processes for household after-tax earnings and study their implications using a standard life-cycle model. Both processes feature a persistent and a transitory component, but although the first one is the canonical linear process with stationary shocks, the second one has substantially richer earnings dynamics, allowing for age-dependence of moments, non-normality, and nonlinearity in previous earnings and age. Allowing for richer earnings dynamics implies a substantially better fit of the evolution of cross-sectional consumption inequality over the life cycle and of the individual-level degree of consumption insurance against persistent earnings shocks. The richer earnings process implies lower welfare costs of earnings risk.}, - author = {{De Nardi}, Mariacristina and Fella, Giulio and Paz-Pardo, Gonzalo}, - doi = {10.1093/jeea/jvz010}, - file = {:C$\backslash$:/Users/alujan/Mendeley/de Nardi, Fella, Paz Pardo/Nonlinear Household Earnings Dynamics, Self-Insurance, and Welfare.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/De Nardi, Fella, Paz-Pardo/Nonlinear Household Earnings Dynamics, Self-Insurance, and Welfare.pdf:pdf}, - issn = 15424774, - journal = {Journal of the European Economic Association}, - month = {apr}, - number = 2, - pages = {890--926}, - publisher = {Oxford University Press (OUP)}, - title = {{Nonlinear Household Earnings Dynamics, Self-Insurance, and Welfare}}, - url = {https://academic.oup.com/jeea/advance-article/doi/10.1093/jeea/jvz010/5421188 https://academic.oup.com/jeea/article/18/2/890/5421188}, - volume = 18, - year = 2020 -} - -@article{beaubrun-diant2016a, - abstract = {In this study, we empirically analyze the simultaneous decisions of households to participate in the stock market and/or own their home. A vast literature stream exists on decisions to buy or rent a home, and many contributions report the low participation rate of American households in the US stock market. Numerous authors have also provided evidence that home tenure (modeled as an exogenous variable) affects the share of household portfolios held as stocks. However, the present study is the first to allow decisions on homeownership and stockholding to be simultaneous and endogenous. We use a dynamic bivariate logistic panel data model on the Panel Study of Income Dynamics data from 1999 to 2007, controlling for sample selection bias and time-invariant unobserved heterogeneity. These estimates allow us to simulate the individual paths of homeownership and stockholding status over whole life cycles, according to household characteristics. Ceteris paribus, we show that households acquiring one asset (either home or stocks) acquire the other at an earlier stage in their life cycles, implying that some households become trapped in a no-stockholding, renting position.}, - author = {{E. Beaubrun-Diant}, Kevin and Maury, Tristan Pierre}, - doi = {10.1016/j.jhe.2016.03.002}, - file = {:C$\backslash$:/Users/alujan/Mendeley/E. Beaubrun-Diant, Maury/Home tenure, stock market participation, and composition of the household portfolio.pdf:pdf}, - issn = 10960791, - journal = {Journal of Housing Economics}, - keywords = {Bivariate logistic model,Housing,Portfolio choices,Stock market participation}, - month = {jun}, - pages = {1--17}, - publisher = {Academic Press}, - title = {{Home tenure, stock market participation, and composition of the household portfolio}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S1051137716000061}, - volume = 32, - year = 2016 -} - -@article{fagereng2017a, - abstract = {Using error-free data on life-cycle portfolio allocations of a large sample of Norwegian households, we document a double adjustment as households age: a rebalancing of the portfolio composition away from stocks as they approach retirement and stock market exit after retirement. When structurally estimating an extended life-cycle model, the parameter combination that best fits the data is one with a relatively large risk aversion, a small per-period participation cost, and a yearly probability of a large stock market loss in line with the frequency of stock market crashes in Norway.}, - author = {Fagereng, Andreas and Gottlieb, Charles and Guiso, Luigi}, - doi = {10.1111/jofi.12484}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Fagereng, Gottlieb, Guiso/Asset Market Participation and Portfolio Choice over the Life-Cycle.pdf:pdf}, - issn = 15406261, - journal = {Journal of Finance}, - month = {apr}, - number = 2, - pages = {705--750}, - publisher = {Blackwell Publishing Ltd}, - title = {{Asset Market Participation and Portfolio Choice over the Life-Cycle}}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/jofi.12484?casa{\_}token=KDIfnuh{\_}kzMAAAAA:DN09HtE5tF4YdX6f2Udy9m0y8Uxz7d8AlSTGGQ2PLUEqBZuWhlPRWchfyp2FG{\_}IwnIXSHQD8xqWY6R1s https://onlinelibrary.wiley.com/doi/10.1111/jofi.12484}, - volume = 72, - year = 2017 -} - -@article{Favilukis2017, - abstract = {This paper studies a quantitative general equilibrium model of housing. The model has two key elements not previously considered in existing quantitative macro studies of housing finance: aggregate business cycle risk and a realistic wealth distribution driven in the model by bequest heterogeneity in preferences. These features of the model play a crucial role in the following results. First, a relaxation of financing constraints leads to a large boomin house prices. Second, the boom in house prices is entirely the result of a decline in the housing risk premium. Third, low interest rates cannot explain high home values.}, - author = {Favilukis, Jack and Ludvigson, Sydney C. and {Van Nieuwerburgh}, Stijn}, - doi = {10.1086/689606}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Favilukis, Ludvigson, Van Nieuwerburgh/The macroeconomic effects of housing wealth, housing finance, and limited risk sharing in general equilibrium.pdf:pdf}, - issn = {1537534X}, - journal = {Journal of Political Economy}, - month = {feb}, - number = 1, - pages = {140--223}, - publisher = {University of Chicago Press}, - title = {{The macroeconomic effects of housing wealth, housing finance, and limited risk sharing in general equilibrium}}, - url = {https://www.journals.uchicago.edu/doi/10.1086/689606}, - volume = 125, - year = 2017 -} - -@article{Fernandez-Villaverde2011, - abstract = {In this paper we investigate whether a standard life-cycle model in which households purchase nondurable consumption and consumer durables and face idiosyncratic income and mortality risk as well as endogenous borrowing constraints can account for two key patterns of consumption and asset holdings over the life cycle. First, consumption expenditures on both durable and nondurable goods are hump-shaped. Second, young households keep very few liquid assets and hold most of their wealth in consumer durables. In our model durables play a dual role: they both provide consumption services and act as collateral for loans. A plausibly parameterized version of the model predicts that the interaction of consumer durables and endogenous borrowing constraints induces durables accumulation early in life and higher consumption of nondurables and accumulation of financial assets later in the life cycle, of an order of magnitude consistent with observed data. {\textcopyright} 2011 Cambridge University Press.}, - author = {Fern{\'{a}}ndez-Villaverde, Jes{\'{u}}s and Krueger, Dirk}, - doi = {10.1017/S1365100510000180}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Fern{\'{a}}ndez-Villaverde, Krueger/Consumption and saving over the life cycle How important are consumer durables.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/Fern{\'{a}}ndez-Villaverde, Krueger/Consumption and saving over the life cycle How important are consumer durables(2).pdf:pdf}, - issn = 13651005, - journal = {Macroeconomic Dynamics}, - keywords = {Consumer Durables,Consumption and Saving,Life Cycle}, - month = {nov}, - number = 5, - pages = {725--770}, - publisher = {Koeniger}, - title = {{Consumption and saving over the life cycle: How important are consumer durables?}}, - url = {https://doi.org/10.1017/S1365100510000180 https://www.cambridge.org/core/product/identifier/S1365100510000180/type/journal{\_}article https://www.cambridge.org/core/journals/macroeconomic-dynamics/article/consumption-and-saving-over-the-life-cycle-how-import}, - volume = 15, - year = 2011 -} - -@article{Fischer2013a, - abstract = {In recent decades U.S. households have experienced residential house prices moving persistently, that is, returns being positively serially correlated. We set up a realistically calibrated life cycle model with slow-moving time variation in expected housing returns, showing that not only age, labor income, and pre-existing housing wealth but also the state of the housing market significantly affect household decisions. Consistently with the data, the model predicts that in good states of housing market cycles (1) homeownership rates increase, (2) households buying homes invest a larger share of their net worth in their home, and (3) these households lever up more. {\textcopyright} 2013 The Author.}, - author = {Fischer, Marcel and Stamos, Michael Z.}, - doi = {10.1093/rfs/hht010}, - issn = 08939454, - journal = {Review of Financial Studies}, - number = 9, - pages = {2311--2352}, - title = {{Optimal life cycle portfolio choice with housing market cycles}}, - url = {https://academic.oup.com/rfs/article-abstract/26/9/2311/1661950}, - volume = 26, - year = 2013 -} - -@article{Flavin2008, - author = {Flavin, Marjorie and Nakagawa, Shinobu}, - doi = {10.1257/aer.98.1.474}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Flavin, Nakagawa/A model of housing in the presence of adjustment costs A structural interpretation of habit persistence.pdf:pdf}, - issn = 00028282, - journal = {American Economic Review}, - month = {mar}, - number = 1, - pages = {474--495}, - title = {{A model of housing in the presence of adjustment costs: A structural interpretation of habit persistence}}, - url = {https://www.aeaweb.org/articles?id=10.1257/aer.98.1.474}, - volume = 98, - year = 2008 -} - -@article{flavin2002owner, - author = {Flavin, Marjorie and Yamashita, Takashi}, - doi = {10.1257/000282802760015775}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Flavin, Yamashita/Owner-occupied housing and the composition of the household portfolio.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/Flavin, Yamashita/Owner-occupied housing and the composition of the household portfolio(2).pdf:pdf}, - issn = 00028282, - journal = {American Economic Review}, - keywords = {Investment Decisions,Portfolio Choice,Real Estate,Regional,Rural,Urban,and Transport,and Transportation Economics: Housing Demand}, - month = {feb}, - number = 1, - pages = {345--362}, - title = {{Owner-occupied housing and the composition of the household portfolio}}, - url = {https://pubs.aeaweb.org/doi/10.1257/000282802760015775}, - volume = 92, - year = 2002 -} - -@article{gianetti2016a, - abstract = {We show that, after the revelation of corporate fraud in a state, household stock market participation in that state decreases. Households decrease holdings in fraudulent as well as nonfraudulent firms, even if they do not hold stocks in fraudulent firms. Within a state, households with more lifetime experience of corporate fraud hold less equity. Following the exogenous increase in fraud revelation due to Arthur Andersen's demise, states with more Arthur Andersen clients experience a larger decrease in stock market participation. We provide evidence that the documented effect is likely to reflect a loss of trust in the stock market.}, - author = {Giannetti, Mariassunta and Wang, Tracy Yue}, - doi = {10.1111/jofi.12399}, - issn = 15406261, - journal = {Journal of Finance}, - month = {dec}, - number = 6, - pages = {2591--2636}, - title = {{Corporate Scandals and Household Stock Market Participation}}, - url = {https://onlinelibrary.wiley.com/doi/10.1111/jofi.12399}, - volume = 71, - year = 2016 -} - -@article{Gomes2020a, - abstract = {Life-cycle portfolio choice models capture the role of human capital, housing, borrowing constraints, background risk, and several other crucial ingredients for determining the savings and investment decisions of households. Over the last two decades, this literature has provided us with multiple insights regarding the asset allocation decisions of individual investors. This article provides a critical survey of this research and suggests directions for future research, namely incorporating additional forms of household heterogeneity.}, - author = {Gomes, Francisco}, - doi = {10.1146/annurev-financial-012820-113815}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Gomes/Portfolio Choice over the Life Cycle A Survey.pdf:pdf}, - issn = 19411375, - journal = {Annual Review of Financial Economics}, - keywords = {Life-cycle models,household fnance,portfolio choice}, - month = {nov}, - number = 1, - pages = {277--304}, - publisher = {Annual Reviews Inc.}, - title = {{Portfolio Choice over the Life Cycle: A Survey}}, - url = {https://www.annualreviews.org/doi/10.1146/annurev-financial-012820-113815 https://www.annualreviews.org/doi/abs/10.1146/annurev-financial-012820-113815?casa{\_}token=kKU56tH9xCcAAAAA:C23{\_}AREuua8ittBL9s2Cz{\_}mjcTdLrUatAUWVT6ObqQOk26IZgPeCzFWhZGMQcLAZ0gMEm8NjnHy}, - volume = 12, - year = 2020 -} - -@article{Gomes2021, - abstract = {Household financial decisions are complex, interdependent, and heterogeneous, and central to the functioning of the financial system. We present an overview of the rapidly expanding literature on household finance (with some important exceptions) and suggest directions for future research. We begin with the theory and empirics of asset market participation and asset allocation over the life cycle. We then discuss household choices in insurance markets, trading behavior, decisions on retirement saving, and financial choices by retirees. We survey research on liabilities, including mortgage choice, refinancing, and default, and household behavior in unsecured credit markets, including credit cards and payday lending. We then connect the household to its social environment, including peer effects, cultural and hereditary factors, intra-household financial decision-making, financial literacy, cognition, and educational interventions. We also discuss literature on the provision and consumption of financial advice.}, - author = {Gomes, Francisco and Haliassos, Michael and Ramadorai, Tarun}, - doi = {10.1257/JEL.20201461}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Gomes, Haliassos, Ramadorai/Household finance.pdf:pdf}, - issn = 00220515, - journal = {Journal of Economic Literature}, - number = 3, - pages = {919--1000}, - title = {{Household finance}}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1540-6261.2006.00883.x?casa{\_}token=AcXdIiF0xUwAAAAA:n0jGvt3yuZDX82XbGCkRzplLqX8bkxQE{\_}6N-ilg3KK-IIu1OUjRJ{\_}ibcT2iJyJVbKyTK7AMxTFjO1Q}, - volume = 59, - year = 2021 -} - -@article{gomes2005optimal, - abstract = {We show that a life-cycle model with realistically calibrated uninsurable labor income risk and moderate risk aversion can simultaneously match stock market participation rates and asset allocation decisions conditional on participation. The key ingredients of the model are Epstein-Zin preferences, a fixed stock market entry cost, and moderate heterogeneity in risk aversion, Households with low risk aversion smooth earnings shocks with a small buffer stock of assets, and consequently most of them (optimally) never invest in equities. Therefore, the marginal stockholders are (endogenously) more risk averse, and as a result they do not invest their portfolios fully in stocks.}, - author = {Gomes, Francisco and Michaelides, Alexander}, - doi = {10.1111/j.1540-6261.2005.00749.x}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Gomes, Michaelides/Optimal life-cycle asset allocation Understanding the empirical evidence.pdf:pdf}, - issn = 00221082, - journal = {Journal of Finance}, - month = {apr}, - number = 2, - pages = {869--904}, - publisher = {Wiley Online Library}, - title = {{Optimal life-cycle asset allocation: Understanding the empirical evidence}}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1540-6261.2005.00749.x?casa{\_}token=j9jxue{\_}38O8AAAAA:484h6aUZ0araTdmUsX4XyNfhZhQUoEm6bYcKTT0u7r8cmZwKoo{\_}zu2ffIvHhDDF94Fd{\_}ixWlS8BcRA https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1540-6261.2005.00749.x?ca}, - volume = 60, - year = 2005 -} - -@article{Gomes2008, - abstract = {We develop a model with incomplete markets and heterogeneous agents that generates a large equity premium, while simultaneously matching stock market participation and individual asset holdings. The high risk-premium is driven by incomplete risk sharing among stockholders, which results from the combination of aggregate uncertainty, borrowing constraints, and a (realistically) calibrated life-cycle earnings profile subject to idiosyncratic shocks. We show that it is challenging to simultaneously match asset pricing moments and individual portfolio decisions, while limited participation has a negligible impact on the risk-premium, contrary to the results of models where it is imposed exogenously. (JEL G11, G12) {\textcopyright} The Author 2007.}, - author = {Gomes, Francisco and Michaelides, Alexander}, - doi = {10.1093/rfs/hhm063}, - issn = 08939454, - journal = {Review of Financial Studies}, - number = 1, - pages = {415--448}, - title = {{Asset pricing with limited risk sharing and heterogeneous agents}}, - url = {https://academic.oup.com/rfs/article-abstract/21/1/415/1576121}, - volume = 21, - year = 2008 -} - -@techreport{Greenwald2018, - abstract = {I investigate how the structure of the mortgage market influences macroeconomic dynamics, using a general equilibrium framework with prepayable debt and a limit on the ratio of mortgage payments to income — features that prove essential to reproducing observed debt dynamics. The resulting environment amplifies transmission from interest rates into debt, house prices, and economic activity. Monetary policy more easily stabilizes inflation, but contributes to larger fluctuations in credit growth. A relaxation of payment-to-income standards appears vital for explaining the recent boom. A cap on payment-to-income ratios, not loan-to-value ratios, is the more effective macroprudential policy for limiting boom-bust cycles.}, - annote = {tex.volume:}, - author = {Greenwald, Daniel L.}, - booktitle = {SSRN Electronic Journal}, - doi = {10.2139/ssrn.2735491}, - institution = {Massachusetts Institute of Technology (MIT) - Sloan School of Management}, - issn = {1556-5068}, - title = {{The Mortgage Credit Channel of Macroeconomic Transmission}}, - type = {Working {\{}Paper{\}}}, - url = {http://www.ssrn.com/abstract=2735491}, - year = 2016 -} - -@techreport{GreenwaldEtAl2018, - abstract = {Shared Appreciation Mortgages (SAMs) feature mortgage payments that adjust with house prices. These mortgage contracts are designed to stave off home owner default by providing payment relief in the wake of a large house price shock. SAMs have been hailed as an innovative solution that could prevent the next foreclosure crisis, act as a work-out tool during a crisis, and alleviate fiscal pressure during a downturn. They have inspired Fintech companies to offer home equity contracts. However, the home owner's gains are the mortgage lender's losses. A general equilibrium model with financial intermediaries who channel savings from saver households to borrower households shows that indexation of mortgage payments to aggregate house prices increases financial fragility, reduces risk sharing, and leads to expensive financial sector bailouts. In contrast, indexation to local house prices reduces financial fragility and improves risk-sharing. The two types of indexation have opposite implications for wealth inequality.}, - author = {Greenwald, Daniel L. and Landvoigt, Tim and {Van Nieuwerburgh}, Stijn}, - booktitle = {SSRN Electronic Journal}, - doi = {10.2139/ssrn.3069621}, - institution = {MIT Sloan}, - issn = {1556-5068}, - month = {nov}, - number = {5261-17}, - title = {{Financial Fragility with SAM?}}, - type = {Reserch {\{}Paper{\}}}, - url = {https://www.ssrn.com/abstract=3069621}, - year = 2017 -} - -@article{grossman1987asset, - abstract = {We analyze a model of optimal consumption and portfolio selection in which consumption services are generated by holding a durable good. The durable good is illiquid in that a transaction cost must be paid when the good is sold. It is shown that optimal consumption is not a smooth function of wealth; it is optimal for the consumer to wait until a large change in wealth occurs before adjusting his consumption. As a consequence, the consumption based capital asset pricing model fails to hold. Nevertheless, it is shown that the standard, one factor, market portfolio based capital asset pricing model does hold in this environment. It is shown that the optimal durable level is characterized by three numbers (not random variables), say x, y, and z (where {\textless}latex{\textgreater}{\$}x {\textless} y {\textless} z{\$}{\textless}/latex{\textgreater}). The consumer views the ratio of consumption to wealth (c/W) as his state variable. If this ratio is between x and z, then he does not sell the durable. If c/W is less than x or greater than z, then he sells his durable and buys a new durable of size S so that S/W = y. Thus y is his "target" level of c/W. If the stock market moves up enough so that c/W falls below x, then he sells his small durable to buy a larger durable. However, there will be many changes in the value of his wealth for which c/W stays between x and z, and thus consumption does not change. Numerical simulations show that small transactions costs can make consumption changes occur very infrequently. Further, the effect of consumption transactions costs on the demand for risky assets is substantial.}, - author = {Grossman, Sanford J. and Laroque, Guy}, - doi = {10.2307/2938333}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Grossman, Laroque/Asset Pricing and Optimal Portfolio Choice in the Presence of Illiquid Durable Consumption Goods.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/Grossman, Laroque/Asset Pricing and Optimal Portfolio Choice in the Presence of Illiquid Durable Consumption Goods(2).pdf:pdf}, - issn = 00129682, - journal = {Econometrica}, - month = {jan}, - number = 1, - pages = 25, - publisher = {National Bureau of Economic Research Cambridge, Mass., USA}, - title = {{Asset Pricing and Optimal Portfolio Choice in the Presence of Illiquid Durable Consumption Goods}}, - url = {https://www.jstor.org/stable/2938333?origin=crossref https://www.nber.org/papers/w2369}, - volume = 58, - year = 1990 -} - -@article{glLiquidity2017, - abstract = {We study the effects of a credit crunch on consumer spending in a heterogeneous-agent incomplete-market model. After an unexpected permanent tightening in consumers' borrowing capacity, constrained consumers are forced to repay their debt, and unconstrained consumers increase their precautionary savings. This depresses interest rates, especially in the short run, and generates an output drop, even with flexible prices. The output drop is larger with sticky prices, if the zero lower bound prevents the interest rate from adjusting downward. Adding durable goods to the model, households take larger debt positions and the output response can be larger.}, - author = {Guerrieri, Veronica and Lorenzoni, Guido}, - doi = {10.1093/qje/qjx005}, - issn = 15314650, - journal = {Quarterly Journal of Economics}, - keywords = {models-wanted}, - month = {aug}, - number = 3, - pages = {1427--1467}, - title = {{Credit crises, precautionary savings, and the liquidity trap}}, - url = {https://academic.oup.com/qje/article/132/3/1427/3071924}, - volume = 132, - year = 2017 -} - -@article{guiso2008a, - abstract = {We study the effect that a general lack of trust can have on stock market participation. In deciding whether to buy stocks, investors factor in the risk of being cheated. The perception of this risk is a function of the objective characteristics of the stocks and the subjective characteristics of the investor. Less trusting individuals are less likely to buy stock and, conditional on buying stock, they will buy less. In Dutch and Italian micro data, as well as in cross-country data, we find evidence consistent with lack of trust being an important factor in explaining the limited participation puzzle. {\textcopyright} 2008 The American Finance Association.}, - author = {Guiso, Luigi and Sapienza, Paola and Zingales, Luigi}, - doi = {10.1111/j.1540-6261.2008.01408.x}, - issn = 00221082, - journal = {Journal of Finance}, - month = {dec}, - number = 6, - pages = {2557--2600}, - title = {{Trusting the stock market}}, - url = {https://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.2008.01408.x}, - volume = 63, - year = 2008 -} - -@incollection{Guiso2013, - abstract = {Household finance-the normative and positive study of how households use financial markets to achieve their objectives-has gained a lot of attention over the past decade and has become a field with its own identity, style, and agenda. In this chapter we review its evolution and most recent developments. {\textcopyright} 2013 Elsevier B.V.}, - author = {Guiso, Luigi and Sodini, Paolo}, - booktitle = {Handbook of the Economics of Finance}, - doi = {10.1016/B978-0-44-459406-8.00021-4}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Guiso, Sodini/Household Finance An Emerging Field.pdf:pdf}, - issn = 15740102, - keywords = {Consumer financial regulation,Debt decision,Financial literacy,Financial mistakes,Household finance,Portfolio allocation}, - number = {PB}, - pages = {1397--1532}, - title = {{Household Finance: An Emerging Field}}, - url = {https://www.sciencedirect.com/science/article/pii/B9780444594068000214 https://linkinghub.elsevier.com/retrieve/pii/B9780444594068000214}, - volume = 2, - year = 2013 -} - -@article{GulerInfoTech2015, - abstract = {In this paper I analyze the effects of innovations in information technology on the mortgage and housing markets using a life-cycle model with incomplete markets and idiosyncratic income, as well as moving and house price shocks. I explicitly model the housing tenure choices of households. Lenders offer individual-specific mortgage contracts to home buyers, and the terms of these contracts are endogenously determined. I find that, as lenders have better information about the households, the average mortgage premium, foreclosure rate, and homeownership rate all increase while average down payment decreases. Hence, improvements in information technology can rationalize the relaxation of mortgage credit terms, which has been suggested as one of the main reasons for the latest financial crisis.}, - author = {Guler, Bulent}, - doi = {10.1016/j.red.2014.09.007}, - issn = 10942025, - journal = {Review of Economic Dynamics}, - keywords = {Asymmetric information,Default,Housing,Mortgage contract}, - month = {jul}, - number = 3, - pages = {456--483}, - title = {{Innovations in information technology and the mortgage market}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S1094202514000568}, - volume = 18, - year = 2015 -} - -@article{hallAEA2001, - author = {Hall, Robert E.}, - doi = {10.1257/aer.91.2.1}, - issn = 00028282, - journal = {American Economic Review}, - month = {may}, - number = 2, - pages = {1--11}, - title = {{Richard T. Ely lecture: Struggling to understand the stock market}}, - url = {https://www.aeaweb.org/articles?id=10.1257/aer.91.2.1 https://pubs.aeaweb.org/doi/10.1257/aer.91.2.1}, - volume = 91, - year = 2001 -} - -@techreport{HallNBER2014, - abstract = {The financial crisis and ensuing Great Recession left the US economy in an injured state. In 2013, output was 13{\%} below its trend path from 1990 through 2007. Part of this shortfall— 2.2 percentage points out of the 13—was the result of lingering slackness in the labor market in the form of abnormal unemployment and substandard weekly hours of work. The single biggest contributor was a shortfall in business capital, which accounted for 3.9 percentage points. The second largest was a shortfall of 3.5 percentage points in total factor productivity. The fourth was a shortfall of 2.4 percentage points in labor- force participation. I discuss these four sources of the injury in detail, focusing on identifying state variables that may or may not return to earlier growth paths. The conclusion is optimistic about the capital stock and slackness in the labor market and pessimistic about reversing the declines in total- factor productivity and the part of the participation shortfall not associated with the weak labor market.}, - annote = {tex.series: Working Paper Series}, - author = {Hall, Robert E.}, - booktitle = {NBER Macroeconomics Annual}, - doi = {10.1086/680584}, - institution = {National Bureau of Economic Research}, - issn = 15372642, - month = {jan}, - number = 1, - pages = {71--128}, - title = {{Quantifying the lasting harm to the US economy from the financial crisis}}, - type = {Working {\{}Paper{\}}}, - url = {http://www.nber.org/papers/w20183 https://www.journals.uchicago.edu/doi/10.1086/680584}, - volume = 29, - year = 2014 -} - -@article{harding2007a, - abstract = {The rate at which physical capital depreciates is fundamental to investment in the economy. Nevertheless, although housing capital accounts for one-third of the total capital stock, the rate at which housing capital depreciates has only rarely been directly estimated, in part because prior studies do not control for maintenance. For that same reason, widely publicized measures of house price appreciation overstate the capital gain from homeownership. Using data from the American Housing Survey we examine these issues. Over the 1983 to 2001 period, results indicate that gross of maintenance, housing depreciates at roughly 2.5 percent per year, while net of maintenance, housing depreciates at approximately 2 percent per year. Moreover, although the typical home appreciated at an annual real rate of roughly 0.75 percent, after allowing for depreciation and maintenance, the average homeowner experienced little capital gain. {\textcopyright} 2006 Elsevier Inc. All rights reserved.}, - author = {Harding, John P. and Rosenthal, Stuart S. and Sirmans, C. F.}, - doi = {10.1016/j.jue.2006.07.007}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Harding, Rosenthal, Sirmans/Depreciation of housing capital, maintenance, and house price inflation Estimates from a repeat sales model.pdf:pdf}, - issn = 00941190, - journal = {Journal of Urban Economics}, - month = {mar}, - number = 2, - pages = {193--217}, - publisher = {Academic Press}, - title = {{Depreciation of housing capital, maintenance, and house price inflation: Estimates from a repeat sales model}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S0094119006000763}, - volume = 61, - year = 2007 -} - -@article{HarrisRaviv1993, - abstract = {A model of trading in speculative markets is developed based on differences of opinion among traders. Our purpose is to explain some of the empirical regularities that have been documented concerning the relationship between volume and price and the time-series properties of price and volume. We assume that traders share common prior beliefs and receive common information but differ in the way in which they interpret this information. Some results are that absolute price changes and volume are positively correlated, consecutive price changes exhibit negative serial correlation, and volume is positively autocorrelated.}, - author = {Harris, Milton and Raviv, Artur}, - doi = {10.1093/rfs/5.3.473}, - issn = {0893-9454}, - journal = {Review of Financial Studies}, - month = {jul}, - number = 3, - pages = {473--506}, - title = {{Differences of Opinion Make a Horse Race}}, - url = {https://academic.oup.com/rfs/article-lookup/doi/10.1093/rfs/5.3.473}, - volume = 6, - year = 1993 -} - -@article{Heaton1997, - abstract = {We examine a decision theoretic model of portfolio choice in which investors face income risk that is not directly insurable. We consider the sensitivity of savings and portfolio allocation rules to different assumptions about utility, the stochastic process for income and asset returns, and market frictions (transactions costs and short-sale constraints). Under CRRA time additive utility, habit persistence utility, and for a broad range of parameterizations, the model predicts that investors wish to borrow and invest all of their savings in stocks. This qualitative implication is robust to the introduction of significant transaction costs in the stock market, and contrasts sharply with portfolio allocation models in which there is no labor income.}, - author = {Heaton, John and Lucas, Deborah}, - doi = {10.1017/s1365100597002034}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Heaton, Lucas/Market frictions, savings behavior, and portfolio choice.pdf:pdf}, - issn = 13651005, - journal = {Macroeconomic Dynamics}, - keywords = {Market Frictions,Portfolio Choice,Portfolio Management,Savings Behavior}, - number = 1, - pages = {76--101}, - title = {{Market frictions, savings behavior, and portfolio choice}}, - url = {https://www.cambridge.org/core/journals/macroeconomic-dynamics/article/market-frictions-savings-behavior-and-portfolio-choice/DE1F05F34B5AD74D9B7CFADCA3C85153}, - volume = 1, - year = 1997 -} - -@article{heaton2000portfolio, - abstract = {In this paper, we focus on how the presence of background risks - from sources such as labour and entrepreneurial income - influences portfolio allocations. This interaction is explored in a theoretical model that is calibrated using cross-sectional data from a variety of sources. The model is shown to be consistent with some but not all aspects of cross-sectional observations of portfolio holdings. The paper also provides a survey of the extensive theoretical and empirical literature on portfolio choice.}, - author = {Heaton, John and Lucas, Deborah}, - doi = {10.1111/1468-0297.00488}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Heaton, Lucas/Portfolio choice in the presence of background risk.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/Heaton, Lucas/Portfolio choice in the presence of background risk(2).pdf:pdf}, - issn = 00130133, - journal = {Economic Journal}, - month = {jan}, - number = 460, - pages = {1--26}, - publisher = {Oxford University Press Oxford, UK}, - title = {{Portfolio choice in the presence of background risk}}, - url = {https://academic-oup-com.proxy.lib.ohio-state.edu/ej/article/110/460/1/5139994 https://academic.oup.com/ej/article/110/460/1-26/5139994 https://academic.oup.com/ej/article-abstract/110/460/1/5139994}, - volume = 110, - year = 2000 -} - -@article{heaton2000portfolio, - abstract = {Using cross-sectional data from the SCF and Tax Model, we show that entrepreneurial income risk has a significant influence on portfolio choice and asset prices. We find that households with high and variable business income hold less wealth in stocks than other similarly wealthy households, although they constitute a significant fraction of the stockholding population. Similarly for nonentrepreneurs, holding stock in the firm where one works reduces the portfolio share of other common stocks. Finally, we show that adding proprietary income to a linear asset pricing model improves its performance over a similar model that includes only wage income.}, - author = {Heaton, John and Lucas, Deborah}, - doi = {10.1111/0022-1082.00244}, - issn = 00221082, - journal = {Journal of Finance}, - month = {jun}, - number = 3, - pages = {1163--1198}, - publisher = {Wiley Online Library}, - title = {{Portfolio choice and asset prices: The importance of entrepreneurial risk}}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/0022-1082.00244?casa{\_}token=nxYuxuDgmKoAAAAA:xZaJ{\_}y{\_}mucW{\_}PSap9wH92nqLSrPbbolOQq{\_}ufOK7pEqu7KltkLQz9RYP4snfZ5J4zL4zL9YIHIP7hg http://doi.wiley.com/10.1111/0022-1082.00244}, - volume = 55, - year = 2000 -} - -@article{himmelbergEtAl2005, - abstract = {How does one tell when rapid growth in house prices is caused by fundamental factors of supply and demand and when it is an unsustainable bubble? In this paper, we explain how to assess the state of house prices—both whether there is a bubble and what underlying factors support housing demand—in a way that is grounded in economic theory. In doing so, we correct four common fallacies about the costliness of the housing market. For a number of reasons, conventional metrics for assessing pricing in the housing market such as price-to-rent ratios or price-to-income ratios generally fail to reflect accurately the state of housing costs. To the eyes of analysts employing such measures, housing markets can appear “exuberant” even when houses are in fact reasonably priced. We construct a measure for evaluating the cost of home owning that is standard for economists—the imputed annual rental cost of owning a home, a variant of the user cost of housing—and apply it to 25 years of history across a wide variety of housing markets. This calculation enables us to estimate the time pattern of housing costs within a market. As of the end of 2004, our analysis reveals little evidence of a housing bubble.}, - author = {Himmelberg, Charles and Mayer, Christopher and Sinai, Todd}, - doi = {10.1257/089533005775196769}, - issn = 08953309, - journal = {Journal of Economic Perspectives}, - month = {nov}, - number = 4, - pages = {67--92}, - title = {{Assessing high house prices: Bubbles, fundamentals and misperceptions}}, - url = {https://www.aeaweb.org/articles?id=10.1257/089533005775196769 https://pubs.aeaweb.org/doi/10.1257/089533005775196769}, - volume = 19, - year = 2005 -} - -@article{Hu2005, - abstract = {In this paper, I show that introducing frictions associated with housing into standard life-cycle models can partially resolve the portfolio choice puzzle. I calibrate a model in which a representative household endogenously transits from renting to mortgage-financed homeownership. The household can later adjust housing status either voluntarily or because of a forced move, by paying transaction costs. It is shown that homeownership crowds out stock market participation: risky owner-occupied housing substitutes for stocks while bonds provide liquidity. Young and middle-aged households, regardless of whether they are currently homeowners, hold much less stock than predicted by traditional models without housing. {\textcopyright} 2005 Elsevier Inc. All rights reserved.}, - author = {Hu, Xiaoqing}, - doi = {10.1016/j.jue.2005.02.002}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Hu/Portfolio choices for homeowners.pdf:pdf}, - issn = 00941190, - journal = {Journal of Urban Economics}, - keywords = {Homeownership,Portfolio choices}, - month = {jul}, - number = 1, - pages = {114--136}, - publisher = {Academic Press}, - title = {{Portfolio choices for homeowners}}, - url = {https://www.sciencedirect.com/science/article/pii/S0094119005000148 https://linkinghub.elsevier.com/retrieve/pii/S0094119005000148}, - volume = 58, - year = 2005 -} - -@article{Kaplan2017a, - abstract = {We build a model of the US economy with multiple aggregate shocks that generate fluctuations in equilibrium house prices. Through coun-terfactual experiments, we study the housing boom-bust around the Great Recession, with three main results. First, the main driver of movements in house prices and rents was a shift in beliefs, not a change in credit conditions. Second, the boom-bust in house prices explains half of the corresponding swings in nondurable expenditures through a wealth effect. Third, a large-scale debt forgiveness program would have done little to temper the collapse of house prices and expenditures but would have dramatically reduced foreclosures and induced a small, but persistent, increase in consumption during the recovery.}, - address = {Cambridge, MA}, - author = {Kaplan, Greg and Mitman, Kurt and Violante, Giovanni L.}, - doi = {10.1086/708816}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Kaplan, Mitman, Violante/The housing boom and bust Model meets evidence.pdf:pdf}, - institution = {National Bureau of Economic Research}, - issn = {1537534X}, - journal = {Journal of Political Economy}, - month = {sep}, - number = 9, - pages = {3285--3345}, - title = {{The housing boom and bust: Model meets evidence}}, - url = {http://www.nber.org/papers/w23694.pdf https://www.journals.uchicago.edu/doi/10.1086/708816}, - volume = 128, - year = 2020 -} - -@article{Leahy2018, - abstract = {We revisit the transmission mechanism from monetary policy to household consumption in a Heterogeneous Agent New Keynesian (HANK) model. The model yields empirically realistic distributions of wealth and marginal propensities to consume because of two features: uninsurable income shocks and multiple assets with different degrees of liquidity and different returns. In this environment, the indirect effects of an unexpected cut in interest rates, which operate through a general equilibrium increase in labor demand, far outweigh direct effects such as intertemporal substitution. This finding is in stark contrast to small- and medium-scale Representative Agent New Keynesian (RANK) economies, where the substitution channel drives virtually all of the transmission from interest rates to consumption. Failure of Ricardian equivalence implies that, in HANK models, the fiscal reaction to the monetary expansion is a key determinant of the overall size of the macroeconomic response.}, - archivePrefix ={arXiv}, - arxivId = {arXiv:1011.1669v3}, - author = {Kaplan, Greg and Moll, Benjamin and Violante, Giovanni L.}, - doi = {10.1257/aer.20160042}, - eprint = {arXiv:1011.1669v3}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Kaplan, Moll, Violante/Monetary policy according to HANK.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/Kaplan, Moll, Violante/Monetary policy according to HANK.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/Kaplan, Moll, Violante/Monetary policy according to HANK.pdf:pdf}, - isbn = 9788578110796, - issn = 00028282, - journal = {American Economic Review}, - keywords = {cepr and nber,consumption,e-mail gkaplan,e-mail moll,edu,heterogeneous agents,inequality,kaplan,liquidity,models-wanted,moll,monetary policy,nber,new keynesian,princeton,princeton uni-,princeton university,uchicago,university of chicago and,versity and nber,violante}, - month = {mar}, - number = 3, - pages = {697--743}, - pmid = 25246403, - title = {{Monetary policy according to HANK}}, - url = {https://doi.org/10.1257/aer.20160042 https://pubs.aeaweb.org/doi/10.1257/aer.20160042}, - volume = 108, - year = 2018 -} - -@book{minskey1986, - abstract = {Mycotoxins are small (MW approximately 700), toxic chemical products formed as secondary metabolites by a few fungal species that readily colonise crops and contaminate them with toxins in the field or after harvest. Ochratoxins and Aflatoxins are mycotoxins of major significance and hence there has been significant research on broad range of analytical and detection techniques that could be useful and practical. Due to the variety of structures of these toxins, it is impossible to use one standard technique for analysis and/or detection. Practical requirements for high-sensitivity analysis and the need for a specialist laboratory setting create challenges for routine analysis. Several existing analytical techniques, which offer flexible and broad-based methods of analysis and in some cases detection, have been discussed in this manuscript. There are a number of methods used, of which many are lab-based, but to our knowledge there seems to be no single technique that stands out above the rest, although analytical liquid chromatography, commonly linked with mass spectroscopy is likely to be popular. This review manuscript discusses (a) sample pre-treatment methods such as liquid-liquid extraction (LLE), supercritical fluid extraction (SFE), solid phase extraction (SPE), (b) separation methods such as (TLC), high performance liquid chromatography (HPLC), gas chromatography (GC), and capillary electrophoresis (CE) and (c) others such as ELISA. Further currents trends, advantages and disadvantages and future prospects of these methods have been discussed.}, - address = {New Haven}, - author = {Karamouzis, Nicholas and Minsky, Hyman P.}, - booktitle = {Southern Economic Journal}, - doi = {10.2307/1059346}, - issn = 00384038, - month = {oct}, - number = 2, - pages = 506, - publisher = {Yale University Press}, - title = {{Stabilizing an Unstable Economy}}, - url = {https://www.jstor.org/stable/1059346?origin=crossref}, - volume = 54, - year = 1987 -} - -@techreport{KrivenkoUandHousing, - abstract = {This paper evaluates the role of unemployment scarring and fear thereof for the recent U.S. housing bust. I study a quantitative lifecycle model of the housing market, which features an income process that is consistent with the large and long-lasting impact of unemployment on future earnings documented in recent empirical work. The model features exogenous moving shocks consistent with survey evidence which shows that many households move for reasons unrelated to their financial situation. These shocks reduce the selection into moving, thereby amplifying the quantitative importance of unemployment shocks and tighter credit conditions in the recent bust. The reason is that movers are more sensitive to labor market and credit conditions because they are younger, have lower wealth, and less secure jobs. Housing policies such as mortgage subsidies help stabilize prices and reduce foreclosures, even if only a small fraction of homeowners receive them. ∗I}, - author = {Krivenko, Pavel}, - booktitle = {Economic {\&} Social Review}, - institution = {Stanford University}, - keywords = {models-wanted}, - pages = {1--43}, - title = {{Unemployment and the U.S. Housing Market during the Great Recession}}, - type = {working paper}, - url = {http://www.stanford.edu/{~}pavelkr/jmp.pdf}, - year = 2018 -} - -@incollection{kmpHandbook2016, - abstract = {The goal of this chapter is to study how, and by how much, household income, wealth, and preference heterogeneity amplify and propagate a macroeconomic shock. We focus on the US Great Recession of 2007–09 and proceed in two steps. First, using data from the Panel Study of Income Dynamics, we document the patterns of household income, consumption, and wealth inequality before and during the Great Recession. We then investigate how households in different segments of the wealth distribution were affected by income declines, and how they changed their expenditures differentially during the aggregate downturn. Motivated by this evidence, we study several variants of a standard heterogeneous household model with aggregate shocks and an endogenous cross-sectional wealth distribution. Our key finding is that wealth inequality can significantly amplify the impact of an aggregate shock, and it does so if the distribution features a sufficiently large fraction of households with very little net worth that sharply increase their saving (ie, they are not hand-to mouth) as the recession hits. We document that both these features are observed in the PSID. We also investigate the role that social insurance policies, such as unemployment insurance, play in shaping the cross-sectional income and wealth distribution, and through it, the dynamics of business cycles.}, - author = {Krueger, D. and Mitman, K. and Perri, F.}, - booktitle = {Handbook of Macroeconomics}, - doi = {10.1016/bs.hesmac.2016.04.003}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Krueger, Mitman, Perri/Macroeconomics and Household Heterogeneity.pdf:pdf}, - isbn = 9780444594877, - issn = 15740048, - keywords = {Recessions,Social insurance,Wealth inequality}, - pages = {843--921}, - title = {{Macroeconomics and Household Heterogeneity}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S1574004816300039}, - volume = 2, - year = 2016 -} - -@article{kumhofEtAl2015, - abstract = {The paper studies how high household leverage and crises can be caused by changes in the income distribution. Empirically, the periods 1920-1929 and 1983-2008 both exhibited a large increase in the income share of high-income households, a large increase in debt leverage of low- and middle-income households, and an eventual financial and real crisis. The paper presents a theoretical model where higher leverage and crises are the endogenous result of a growing income share of high-income households. The model matches the profiles of the income distribution, the debt-to-income ratio and crisis risk for the three decades preceding the Great Recession.}, - author = {Kumhof, Michael and Ranci{\`{e}}re, Romain and Winant, Pablo}, - doi = {10.1257/aer.20110683}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Kumhof, Ranci{\`{e}}re, Winant/Inequality, Leverage, and Crises.pdf:pdf}, - issn = 19447981, - journal = {American Economic Review}, - keywords = {models-wanted}, - month = {mar}, - number = 3, - pages = {1217--1245}, - publisher = {American Economic Association}, - title = {{Inequality, leverage, and crises}}, - url = {https://pubs.aeaweb.org/doi/10.1257/aer.20110683 https://www.aeaweb.org/articles?id=10.1257/aer.20110683 https://pubs.aeaweb.org/doi/10.1257/aer.20110683}, - volume = 105, - year = 2015 -} - -@article{LeBlanc2004, - abstract = {This paper investigates the impact of housing demand on the composition of the optimal portfolios of homeowners in France, following the methodology developed by Flavin and Yamashita (NBER Working Paper 6389, 2002). We use historical data on housing prices and financial assets returns to estimate the mean return and covariance matrix of a set of assets including housing. We then calculate mean-variance efficient frontiers associated to various levels of the housing-to-net wealth ratio, corresponding to the average ratios observed for different age groups in the 1998 French Wealth Survey sample. Our numerical results fit the average portfolios in different age brackets quite well. Also, returns of housing and its covariance with the other assets indicate there is room in France for housing price derivatives.}, - author = {{Le Blanc}, David and Lagarenne, Christine}, - doi = {10.1023/B:REAL.0000036673.64928.7f}, - issn = 08955638, - journal = {Journal of Real Estate Finance and Economics}, - keywords = {efficient frontiers,homeownership,housing price derivatives,mean-variance portfolio}, - number = 3, - pages = {259--275}, - title = {{Owner-occupied housing and the composition of the household portfolio: The case of France}}, - url = {https://pubs.aeaweb.org/doi/abs/10.1257/000282802760015775}, - volume = 29, - year = 2004 -} - -@techreport{leamer2007, - annote = {tex.series: Jackson Hole Symposium}, - author = {Leamer, E. E.}, - booktitle = {The Evidence and Impact of Financial Globalization}, - doi = {10.1016/B978-0-12-397874-5.00047-6}, - institution = {Federal Reserve Bank of Kansas City}, - isbn = 9780123978745, - month = {aug}, - pages = {589--643}, - publisher = {Elsevier}, - title = {{Housing Is the Business Cycle}}, - type = {Working {\{}Paper{\}}}, - url = {https://www.kansascityfed.org/publicat/sympos/2007/PDF/Leamer{\_}0415.pdf https://linkinghub.elsevier.com/retrieve/pii/B9780123978745000476}, - year = 2013 -} - -@article{Li2007, - abstract = {We develop a life-cycle model that explicitly incorporates the dual feature of housing as both a consumption good and an investment asset. Our analysis indicates that the consumption and welfare consequences of house price changes on individual households vary significantly. In particular, the non-housing consumption of young and old homeowners is much more sensitive to house price changes than that of middle-aged homeowners. More importantly, while house price appreciation increases the net worth and consumption of all homeowners, it only improves the welfare of old homeowners. Renters and young homeowners are worse off due to higher lifetime housing consumption costs. {\textcopyright} 2007 The Ohio State University.}, - author = {Li, Wenli and Yao, Rui}, - doi = {10.1111/j.1538-4616.2007.00071.x}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Li, Yao/The life-cycle effects of house price changes.pdf:pdf}, - issn = 00222879, - journal = {Journal of Money, Credit and Banking}, - keywords = {Consumption,Housing,Life-cycle model,Mortgage,Savings}, - month = {sep}, - number = 6, - pages = {1375--1409}, - publisher = {John Wiley {\&} Sons, Ltd}, - title = {{The life-cycle effects of house price changes}}, - url = {https://onlinelibrary-wiley-com.proxy.lib.ohio-state.edu/doi/full/10.1111/j.1538-4616.2007.00071.x https://onlinelibrary-wiley-com.proxy.lib.ohio-state.edu/doi/abs/10.1111/j.1538-4616.2007.00071.x https://onlinelibrary-wiley-com.proxy.lib.ohio-state.edu/d}, - volume = 39, - year = 2007 -} - -@article{MalmendierNagel2011, - abstract = {We investigate whether individual experiences of macroeconomic shocks affect financial risk taking, as often suggested for the generation that experienced the Great Depression. Using data from the Survey of Consumer Finances from 1960 to 2007, we find that individuals who have experienced low stock market returns throughout their lives so far report lower willingness to take financial risk, are less likely to participate in the stock market, invest a lower fraction of their liquid assets in stocks if they participate, and are more pessimistic about future stock returns. Those who have experienced low bond returns are less likely to own bonds. Results are estimated controlling for age, year effects, and house hold characteristics. More recent return experiences have stronger effects, particularly on younger people. {\textcopyright} The Author(s) 2011. Published by Oxford University Press, on behalf of President and Fellows of Harvard College. All rights reserved.}, - author = {Malmendier, Ulrike and Nagel, Stefan}, - doi = {10.1093/qje/qjq004}, - issn = 15314650, - journal = {Quarterly Journal of Economics}, - month = {feb}, - number = 1, - pages = {373--416}, - title = {{Depression Babies: Do Macroeconomic Experiences Affect Risk Taking?}}, - url = {https://academic.oup.com/qje/article/126/1/373/1901343 https://academic.oup.com/qje/article-lookup/doi/10.1093/qje/qjq004}, - volume = 126, - year = 2011 -} - -@article{Merton1969, - abstract = {I Introduction OST models of portfolio selection have M been one-period models. I examine the combined problem of optimal portfolio selec-tion and consumption rules for an individual in a continuous-time model whzere his income is generated by returns on assets and these re-turns or instantaneous "growth rates" are sto-chastic. P. A. Samuelson has developed a sim-ilar model in discrete-time for more general probability distributions in a companion paper [8]. I derive the optimality equations for a multi-asset problem when the rate of returns are generated by a Wiener Brownian-motion proc-ess. A particular case examined in detail is the two-asset model with constant relative risk-aversion or iso-elastic marginal utility. An explicit solution is also found for the case of constant absolute risk-aversion. The general technique employed can be used to examine a wide class of intertemporal economic problems under uncertainty. In addition to the Samuelson paper [8], there is the multi-period analysis of Tobin [9]. Phelps [6] has a model used to determine the optimal consumption rule for a multi-period example where income is partly generated by an asset with an uncertain return. Mirrless [5] has developed a continuous-time optimal con-sumption model of the neoclassical type with technical progress a random variable. II Dynamics of the Model: The Budget Equation In the usual continuous-time model under certainty, the budget equation is a differential equation. However, when uncertainty is intro-duced by a random variable, the budget equa-tion must be generalized to become a stochastic differential equation. To see the meaning of such an equation, it is easiest to work out the discrete-time version and then pass to the limit of continuous time. Define W(t) total wealth at time t Xi(t) price of the ith asset at time t, (i 1, . . . ,m)}, - author = {Merton, Robert C.}, - doi = {10.2307/1926560}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Merton/Lifetime Portfolio Selection under Uncertainty The Continuous-Time Case.pdf:pdf}, - issn = 00346535, - journal = {The Review of Economics and Statistics}, - month = {aug}, - number = 3, - pages = 247, - title = {{Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case}}, - url = {https://www.jstor.org/stable/1926560 https://www.jstor.org/stable/1926560?origin=crossref}, - volume = 51, - year = 1969 -} - -@article{MianSufiKhoshkhou2018, - abstract = {We examine how consumption responds to changes in sentiment regarding government economic policy using cross-sectional variation across counties in the ideological predisposition of constituents. When the incumbent party loses a presidential election, individuals in counties more ideologically predisposed toward the losing party experience a dramatic and discontinuous relative decrease in optimism on government economic policy. Using the interaction of constituent ideology in a county with election timing as an instrument, we estimate the impact of government policy sentiment shocks on consumer spending, and we find a very small effect that cannot be statistically distinguished from zero. The small magnitude of the effect is estimated precisely. For example, we can reject the hypothesis that pessimism regarding government economic policy effectiveness during the Great Recession had as large an effect on consumption as the negative shock to household net worth coming from the collapse in house prices.}, - author = {Mian, Atif R. and Sufi, Amir and Khoshkhou, Nasim}, - doi = {10.2139/ssrn.2620828}, - institution = {The University of Chicago Booth School of Business}, - issn = {0898-2937}, - journal = {SSRN Electronic Journal}, - title = {{Government Economic Policy, Sentiments, and Consumption}}, - type = {working paper}, - url = {http://www.ssrn.com/abstract=2620828}, - year = 2015 -} - -@article{MianSufi2017, - abstract = {An increase in the household debt to GDP ratio predicts lower GDP growth and higher unemployment in the medium run for an unbalanced panel of 30 countries from 1960 to 2012. Low mortgage spreads are associated with an increase in the household debt to GDP ratio and a decline in subsequent GDP growth, highlighting the importance of credit supply shocks. Economic forecasters systematically overpredict GDP growth at the end of household debt booms, suggesting an important role of flawed expectations formation. The negative relation between the change in household debt to GDP and subsequent output growth is stronger for countries with less flexible exchange rate regimes. We also uncover a global household debt cycle that partly predicts the severity of the global growth slowdown after 2007. Countries with a household debt cycle more correlated with the global household debt cycle experience a sharper decline in growth after an increase in domestic household debt.}, - author = {Mian, Atif and Sufi, Amir and Verner, Emil}, - doi = {10.1093/qje/qjx017}, - issn = 15314650, - journal = {Quarterly Journal of Economics}, - month = {nov}, - number = 4, - pages = {1755--1817}, - title = {{Household debt and business cycles worldwide}}, - url = {https://academic.oup.com/qje/article/132/4/1755/3854928}, - volume = 132, - year = 2017 -} - -@article{HarrisonKreps1978, - author = {{Michael Harrison}, J. and Kreps, David M.}, - doi = {10.2307/1884166}, - issn = 15314650, - journal = {Quarterly Journal of Economics}, - month = {may}, - number = 2, - pages = {323--336}, - title = {{Speculative Investor Behavior In A Stock Market With Heterogeneous Expectations}}, - url = {https://academic.oup.com/qje/article-lookup/doi/10.2307/1884166}, - volume = 92, - year = 1978 -} - -@article{Miller1977, - author = {Miller, Edward M.}, - doi = {10.1111/j.1540-6261.1977.tb03317.x}, - issn = 15406261, - journal = {The Journal of Finance}, - month = {sep}, - number = 4, - pages = {1151--1168}, - title = {{Risk, Uncertainty, and Divergence of Opinion}}, - url = {http://doi.wiley.com/10.1111/j.1540-6261.1977.tb03317.x https://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.1977.tb03317.x}, - volume = 32, - year = 1977 -} - -@article{nakajima2005rising, - abstract = {This paper studies the effects of the U.S. rising earnings inequality between the late 1960s and the mid 1990s on the portfolio allocation and prices of assets. In order to investigate the link, a life-cycle general equilibrium model is constructed where distinct characteristics of the housing asset is explicitly modeled and asset prices are determined in equilibrium. It is shown that the model can produce a 9{\%} rise in the housing price, which is about 40{\%} of the changes in the U.S. data (24{\%}). An increased demand for precautionary savings and the general equilibrium effect play a crucial role here. A higher earnings volatility induces a higher demand for financial assets. As the return of financial assets declines due to the general equilibrium effect, the demand for housing assets increases as well. The paper also examines the effects of the rising earnings inequality on the aggregate amount of debt. Interestingly, contrary to the U.S. data, the model predicts a decline in the total amount of secured debt. A higher earnings volatility induces a higher amount of debt in complete markets models, but an increased demand for savings for precautionary motive dominates the positive effect to the amount of debt. The model also shows that incorporating housing assets into the model does not make a significant difference in the effect of the rising earnings inequality on the consumption inequality.}, - author = {Nakajima, Makoto}, - doi = {10.2139/ssrn.1480816}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Nakajima/Rising Earnings Instability, Portfolio Choice, and Housing Prices.pdf:pdf}, - issn = {1556-5068}, - journal = {SSRN Electronic Journal}, - keywords = {Debt,General equilibrium,House price,Income inequality,Incomplete markets,Makoto Nakajima,Portfolio Choice,Rising Earnings Instability,SSRN,and Housing Prices}, - month = {jul}, - publisher = {Elsevier BV}, - title = {{Rising Earnings Instability, Portfolio Choice, and Housing Prices}}, - url = {https://papers-ssrn-com.proxy.lib.ohio-state.edu/abstract=1480816 http://www.ssrn.com/abstract=1480816}, - year = 2011 -} - -@article{Ortalo-Magne2006, - abstract = {We propose a life-cycle model of the housing market with a property ladder and a credit constraint. We focus on equilibria that replicate the facts that credit constraints delay some households' first home purchase and force other households to buy a home smaller than they would like. The model helps us identify a powerful driver of the housing market: the ability of young households to afford the down payment on a starter home, and in particular their income. The model also highlights a channel whereby changes in income may yield housing price overreaction, with prices of trade-up homes displaying the most volatility, and a positive correlation between housing prices and transactions. This channel relies on the capital gains or losses on starter homes incurred by credit-constrained owners. We provide empirical support for our arguments with evidence from both the U.K. and the U.S. {\textcopyright} 2006 The Review of Economic Studies Limited.}, - author = {Ortalo-Magn{\'{e}}, Fran{\c{c}}ois and Sven, Rady}, - doi = {10.1111/j.1467-937X.2006.383_1.x}, - issn = 00346527, - journal = {Review of Economic Studies}, - number = 2, - pages = {459--485}, - title = {{Housing market dynamics: On the contribution of income shocks and credit constraints}}, - url = {https://academic.oup.com/restud/article-abstract/73/2/459/1522669}, - volume = 73, - year = 2006 -} - -@article{Paz2021, - abstract = {Earnings are riskier and more unequal for households born in the 1960s and 1980s than for those born in the 1940s. Despite the improvements in financial conditions, younger generations are less likely to be living in their own homes than older generations at the same age. By using a life-cycle model with housing and portfolio choice that includes flexible earnings risk and aggregate asset price risk, I show that changes in earnings dynamics account for a large part of the reduction in homeownership across generations. Lower-income households find it harder to buy housing, and as a result accumulate less wealth.}, - author = {Paz-Pardo, Gonzalo}, - doi = {10.2139/ssrn.3797142}, - issn = {1556-5068}, - journal = {Ssrn}, - keywords = {Aggregate Human Capital,Aggregate Labor Productivity,Consumption,Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy,Distribution,Employment,Financial Economics,General Financial Markets,Intergenerational Income Distribution,Investment Decisions,Labor and Demographic Economics,Macroeconomics and Monetary Economics,Microeconomics,Personal Income, Wealth, and Their Distributions,Portfolio Choice,Saving,Unemployment,Wage Differentials,Wage Level and Structure,Wages,Wages, Compensation, and Labor Costs,Wealth}, - pages = {1--87}, - publisher = {ECB Working Paper}, - title = {{Homeownership and Portfolio Choice over the Generations}}, - url = {https://www.ssrn.com/abstract=3797142}, - year = 2021 -} - -@article{pstHousing2007, - abstract = {This paper considers a consumption-based asset pricing model where housing is explicitly modeled both as an asset and as a consumption good. Nonseparable preferences describe households' concern with composition risk, that is, fluctuations in the relative share of housing in their consumption basket. Since the housing share moves slowly, a concern with composition risk induces low frequency movements in stock prices that are not driven by news about cash flow. Moreover, the model predicts that the housing share can be used to forecast excess returns on stocks. We document that this indeed true in the data. The presence of composition risk also implies that the riskless rate is low which further helps the model improve on the standard CCAPM. {\textcopyright} 2006 Elsevier B.V. All rights reserved.}, - author = {Piazzesi, Monika and Schneider, Martin and Tuzel, Selale}, - doi = {10.1016/j.jfineco.2006.01.006}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Piazzesi, Schneider, Tuzel/Housing, consumption and asset pricing.pdf:pdf}, - issn = {0304405X}, - journal = {Journal of Financial Economics}, - keywords = {Consumption-based asset pricing,Housing,Real estate,Return predictability}, - month = {mar}, - number = 3, - pages = {531--569}, - publisher = {North-Holland}, - title = {{Housing, consumption and asset pricing}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S0304405X06002005 https://www.sciencedirect.com/science/article/pii/S0304405X06002005?casa{\_}token=537xI-xwwPUAAAAA:19dYSq-BFFk{\_}mSM{\_}{\_}swtIyL5BP{\_}OX8ea2h-F853PF2Wd4{\_}NYQVqbzR5fH4O-bnQmsu7djfDN https://www.sciencedire}, - volume = 83, - year = 2007 -} - -@article{Polkovnichenko2007, - abstract = {This article explores the implications of additive and endogenous habit formation preferences in the context of a life-cycle model of an investor who has stochastic uninsurable labor income. To solve the model, I analytically derive the habit-wealth feasibility constraints and show that they depend on the worst possible path of future labor income and on the habit strength, but not on the probability of the worst income. When there is only a slim chance of a severe income shock, the model implies much more conservative portfolios. The model also predicts that for some low to moderately wealthy households, the portfolio share allocated to stocks increases with wealth. Because of this feature, the model can generate more conservative portfolios for younger than for middle-aged households. The effects of habits on portfolio choice are robust to income smoothing through borrowing or flexible labor supply. One controversial finding is that for high values of the habit strength parameter, usually required for the resolution of asset pricing puzzles in general equilibrium, the life-cycle model predicts counterfactually high wealth accumulation. {\textcopyright} The Author 2006. Published by Oxford University Press on behalf of The Society for Financial Studies. All rights reserved.}, - author = {Polkovnichenko, Valery}, - doi = {10.1093/rfs/hhl006}, - issn = 08939454, - journal = {Review of Financial Studies}, - month = {jan}, - number = 1, - pages = {83--124}, - title = {{Life-cycle portfolio choice with additive habit formation preferences and uninsurable labor income risk}}, - url = {https://academic.oup.com/rfs/article-abstract/20/1/83/1588217 https://academic.oup.com/rfs/article-lookup/doi/10.1093/rfs/hhl006}, - volume = 20, - year = 2007 -} - -@book{rouwenhorst1995a, - abstract = {{\ldots} Second, it pro- vides a simple description of business cycle conditions, because the choice of p and q affects the expected {\ldots} This can be modeled by simulating a Markov process for A., as in (28), with p and q both equal to 0.50 {\ldots} This ratio should be unity in the continuous economy {\ldots}}, - address = {Cooley, Princeton}, - author = {Rouwenhorst, K. Geert}, - booktitle = {Frontiers of Business Cycle Research}, - doi = {10.2307/j.ctv14163jx.16}, - editor = {Researchby, T}, - month = {sep}, - pages = {294--330}, - publisher = {Princeton University Press}, - title = {{Asset Pricing Implications of Equilibrium Business Cycle Models}}, - url = {http://www.jstor.org/stable/10.2307/j.ctv14163jx.16}, - year = 2020 -} - -@article{Samuelson1969, - abstract = {The article presents information on lifetime portfolio selection by dynamic stochastic programming. Most analyses of portfolio selection, whether they are of the Markowitz-Tobin mean-variance or of more general type, maximize over one period. The present lifetime model reveals that investing for many periods does not itself introduce extra tolerance for riskiness at early, or any, stages of life. The model denies the validity of the concept of businessman's risk, for isoelastic marginal utilities, in your prime of life you have the same relative risk-tolerance as toward the end of life. The "chance to recoup" and tendency for the law of large numbers to operate in the case of repeated investments is not relevant. The analysis for marginal utility with elasticity differing from that of Bernoulli provides an effective counter example, if indeed a counter example is needed to refute a gratuitous assertion.}, - author = {Samuelson, Paul A.}, - doi = {10.2307/1926559}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Samuelson/Lifetime Portfolio Selection By Dynamic Stochastic Programming.pdf:pdf}, - isbn = 9789812773654, - issn = 00346535, - journal = {The Review of Economics and Statistics}, - month = {aug}, - number = 3, - pages = 239, - pmid = 4643126, - title = {{Lifetime Portfolio Selection By Dynamic Stochastic Programming}}, - url = {https://www.jstor.org/stable/1926559 https://www.jstor.org/stable/1926559?origin=crossref http://www.jstor.org/stable/10.2307/1926559}, - volume = 51, - year = 1969 -} - -@article{ScheinkmanXiong2003, - abstract = {Motivated by the behavior of asset prices, trading volume, and price volatility during episodes of asset price bubbles, we present a continuous-time equilibrium model in which overconfidence generates disagreements among agents regarding asset fundamentals. With shortsale constraints, an asset buyer acquires an option to sell the asset to other agents when those agents have more optimistic beliefs. As in a paper by Harrison and Kreps, agents pay prices that exceed their own valuation of future dividends because they believe that in the future they will find a buyer willing to pay even more. This causes a significant bubble component in asset prices even when small differences of beliefs are sufficient to generate a trade. In equilibrium, bubbles are accompanied by large trading volume and high price volatility. Our analysis shows that while Tobin's tax can substantially reduce speculative trading when transaction costs are small, it has only a limited impact on the size of the bubble or on price volatility.}, - author = {Scheinkman, Jos{\'{e}} A. and Xiong, Wei}, - doi = {10.1086/378531}, - issn = 00223808, - journal = {Journal of Political Economy}, - month = {dec}, - number = 6, - pages = {1183--1219}, - title = {{Overconfidence and speculative bubbles}}, - url = {https://www.journals.uchicago.edu/doi/10.1086/378531}, - volume = 111, - year = 2003 -} - -@article{Silos2007, - abstract = {This paper investigates the properties of the wealth distribution and the portfolio composition regarding housing and equity holdings, and their relationship to macroeconomic shocks. To this end, I construct a business cycle model in which agents differ in age, income and wealth. Housing provides shelter services and serves as collateral for loans. The model is consistent with several facts such as the life-cycle pattern of housing-to-wealth ratios, the larger degree of concentration for non-housing wealth, the smaller weight of housing in richer households' portfolios as well as the larger housing-to-wealth ratios in recessions. In addition, the model shows that while relaxing the collateral constraint does not impact the business cycle dynamics for the entire economy, it significantly alters the behavior of residential and business investment for the younger and poorer fraction of the population. {\textcopyright} 2006 Elsevier B.V. All rights reserved.}, - author = {Silos, Pedro}, - doi = {10.1016/j.jedc.2006.09.009}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Silos/Housing, portfolio choice and the macroeconomy.pdf:pdf}, - issn = 01651889, - journal = {Journal of Economic Dynamics and Control}, - keywords = {Business cycles,Heterogeneity,Life-cycle}, - month = {aug}, - number = 8, - pages = {2774--2801}, - publisher = {North-Holland}, - title = {{Housing, portfolio choice and the macroeconomy}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S0165188906001813}, - volume = 31, - year = 2007 -} - -@article{Simsek2013, - abstract = {Belief disagreements have been suggested as a major contributing factor to the recent subprime mortgage crisis. This paper theoretically evaluates this hypothesis. I assume that optimists have limited wealth and take on leverage so as to take positions in line with their beliefs. To have a significant effect on asset prices, they need to borrow from traders with pessimistic beliefs using loans collateralized by the asset itself. Since pessimists do not value the collateral as much as optimists do, they are reluctant to lend, which provides an endogenous constraint on optimists' ability to borrow and to influence asset prices. I demonstrate that the tightness of this constraint depends on the nature of belief disagreements. Optimism concerning the probability of downside states has no or little effect on asset prices because these types of optimism are disciplined by this constraint. Instead, optimism concerning the relative probability of upside states could have significant effects on asset prices. This asymmetric disciplining effect is robust to allowing for short selling because pessimists that borrow the asset face a similar endogenous constraint. These results emphasize that what investors disagree about matters for asset prices, to a greater extent than the level of disagreements. When richer contracts are available, relatively complex contracts that resemble some of the recent financial innovations in the mortgage market endogenously emerge to facilitate betting.}, - author = {Simsek, Alp}, - doi = {10.3982/ecta9956}, - issn = {0012-9682}, - journal = {Econometrica}, - number = 1, - pages = {1--53}, - title = {{Belief Disagreements and Collateral Constraints}}, - url = {http://doi.wiley.com/10.3982/ECTA9956}, - volume = 81, - year = 2013 -} - -@article{Sinai2005, - abstract = {The conventional wisdom that homeownership is very risky ignores the fact that the alternative, renting, is also risky. Owning a house provides a hedge against fluctuations in housing costs, but in turn introduces asset price risk. In a simple model of tenure choice with endogenous house prices, we show that the net risk of owning declines with a household's expected horizon in its house and with the correlation in housing costs in future locations. Empirically, we find that both house prices, relative to rents, and the probability of homeownership increase with net rent risk. {\textcopyright} 2005 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.}, - author = {Sinai, Todd and Souleles, Nicholas S.}, - doi = {10.1162/0033553053970197}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Sinai, Souleles/Owner-occupied housing as a hedge against rent risk.pdf:pdf}, - issn = 00335533, - journal = {Quarterly Journal of Economics}, - number = 2, - pages = {763--789}, - title = {{Owner-occupied housing as a hedge against rent risk}}, - url = {https://academic.oup.com/qje/article-abstract/120/2/763/1933972}, - volume = 120, - year = 2005 -} - -@article{Slacalek2009, - abstract = {I investigate the effect of wealth on consumption in a new dataset with financial and housing wealth from 16 countries. The baseline estimation method based on the sluggishness of consumption growth implies that the eventual (long-run) marginal propensity to consume out of total wealth is 5 cents (averaged across countries). While the wealth effects are quite strong - between 4 and 6 cents - in countries with more developed mortgage markets and in market-based, Anglo-Saxon and non euro area economies, consumption only barely reacts to wealth elsewhere. The effect of housing wealth is somewhat smaller than that of financial wealth for most countries, but not for the U.S. and the UK. The housing wealth effect has risen substantially after 1988 as it has become easier to borrow against housing wealth. Copyright {\textcopyright} 2009 The Berkeley Electronic Press. All rights reserved.}, - author = {Slacalek, Jiri}, - doi = {10.2202/1935-1690.1555}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Slacalek/What drives personal consumption the role of housing and financial wealth.pdf:pdf}, - issn = 19351690, - journal = {B.E. Journal of Macroeconomics}, - keywords = {Consumption dynamics,Housing prices,Wealth effect}, - number = 1, - publisher = {Walter de Gruyter GmbH}, - title = {{What drives personal consumption? the role of housing and financial wealth}}, - url = {https://www.degruyter.com/document/doi/10.2202/1935-1690.1555/html}, - volume = 9, - year = 2009 -} - -@article{stokey2009moving, - abstract = {The substantial adjustment cost for housing affects nondurable consumption and portfolio allocations, as well as the frequency of housing transactions. A simple theoretical model, roughly calibrated, is used to assess the quantitative impact of adjustment costs on those decisions. The impact on portfolios is found to be significant, suggesting that housing wealth should be useful in empirical studies of portfolio choice. The welfare loss from the transaction cost is also substantial. The effect on nondurable consumption is small, however, so adjustment costs can explain only a small part of the equity premium puzzle. {\textcopyright} 2009 Elsevier Inc. All rights reserved.}, - author = {Stokey, Nancy L.}, - doi = {10.1016/j.jet.2009.10.008}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Stokey/Moving costs, nondurable consumption and portfolio choice.pdf:pdf}, - issn = 00220531, - journal = {Journal of Economic Theory}, - keywords = {Adjustment cost,Durable goods,Equity premium puzzle,Housing,Portfolio choice}, - month = {nov}, - number = 6, - pages = {2419--2439}, - publisher = {Elsevier}, - title = {{Moving costs, nondurable consumption and portfolio choice}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S0022053109001227}, - volume = 144, - year = 2009 -} - -@book{Stokey2014, - abstract = {P}, - author = {Stokey, Nancy L.}, - booktitle = {The Economics of Inaction}, - doi = {10.1515/9781400829811}, - month = {dec}, - publisher = {Princeton University Press}, - title = {{The Economics of Inaction}}, - url = {https://www.degruyter.com/document/doi/10.1515/9781400829811/html}, - year = 2014 -} - -@article{vestman2019a, - abstract = {The stock market participation rate among homeowners is twice as high as among renters. This paper builds a life-cycle portfolio choice model with endogenous housing tenure choice. A stylized form of preference heterogeneity generates a substantial difference in participation rates. A majority of households have a large savings motive and choose to be homeowners and participate. A minority of households have a small savings motive and find it less worthwhile to participate. Fewer of these households become homeowners. Difference-in-difference regressions on panel data do not find evidence of a crowding-out effect of homeownership on participation, supporting the message that preference heterogeneity matters.}, - author = {Vestman, Roine}, - doi = {10.1093/rfs/hhy089}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Vestman/Limited stock market participation among renters and homeowners.pdf:pdf}, - issn = 14657368, - journal = {Review of Financial Studies}, - month = {apr}, - number = 4, - pages = {1494--1535}, - publisher = {Oxford Academic}, - title = {{Limited stock market participation among renters and homeowners}}, - url = {https://academic-oup-com.proxy.lib.ohio-state.edu/rfs/article/32/4/1494/5069022 https://academic.oup.com/rfs/article/32/4/1494/5069022}, - volume = 32, - year = 2019 -} - -@article{viceira2001optimal, - abstract = {This paper examines how risky labor income and retirement affect optimal portfolio choice. With idiosyncratic labor income risk, the optimal allocation to stocks is unambiguously larger for employed investors than for retired investors, consistent with the typical recommendations of investment advisors. Increasing idiosyncratic labor income risk raises investors' willingness to save and reduces their stock portfolio allocation towards the level of retired investors. Positive correlation between labor income and stock returns has a further negative effect and can actually reduce stockholdings below the level of retired investors.}, - author = {Viceira, Luis M.}, - doi = {10.1111/0022-1082.00333}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Viceira/Optimal portfolio choice for long-horizon investors with nontradable labor income.pdf:pdf}, - issn = 00221082, - journal = {Journal of Finance}, - month = {apr}, - number = 2, - pages = {433--470}, - publisher = {Wiley Online Library}, - title = {{Optimal portfolio choice for long-horizon investors with nontradable labor income}}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/0022-1082.00333?casa{\_}token=uH5ox3jju0YAAAAA:PUOxfzrQZdcQTKB0BpYT8e8i7uuX5lxlNzf{\_}vLNbyesPpA7k-mj-Gsb2sGJshQQOqNLkQNU{\_}JbPKTQ http://doi.wiley.com/10.1111/0022-1082.00333 https://onlinelibrary-wiley-com.proxy.l}, - volume = 56, - year = 2001 -} - -@article{wachter2010a, - abstract = {We develop a life-cycle consumption and portfolio choice model in which households have nonhomothetic utility over two types of goods, basic and luxury. We calibrate the model to match the cross-sectional and life-cycle variation in the basic expenditure share in the Consumer Expenditure Survey. The model explains the degree to which the portfolio share in risky assets rises in wealth in the cross-section of households in the Survey of Consumer Finances. For a given household, the portfolio share can fall in response to an increase in wealth, even though the model implies decreasing relative risk aversion. {\textcopyright} 2010 The Author.}, - author = {Wachter, Jessica A. and Yogo, Motohiro}, - doi = {10.1093/rfs/hhq092}, - issn = 08939454, - journal = {Review of Financial Studies}, - month = {nov}, - number = 11, - pages = {3929--3965}, - title = {{Why do household portfolio shares rise in wealth?}}, - url = {https://academic.oup.com/rfs/article-lookup/doi/10.1093/rfs/hhq092}, - volume = 23, - year = 2010 -} - -@article{yamashita2003owner, - abstract = {This paper analyzes the empirical link between housing investment and stockholding by testing implications of the model of Flavin and Yamashita [American Economic Review 92 (2002) 345-362]. Their model illustrates how the house-to-net-worth ratio influences a homeowner's portfolio composition. Regression estimates suggest that there is a strong relationship between housing investment and stockholding, and the house-to-net-worth ratio could explain certain heterogeneity in stockholding. Households with a high house-to-net-worth ratio hold a lower proportion in stocks. The results support the hypothesis that overinvestment in housing affects financial portfolio of homeowners. {\textcopyright} 2003 Elsevier Science (USA). All rights reserved.}, - author = {Yamashita, Takashi}, - doi = {10.1016/S0094-1190(02)00514-4}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Yamashita/Owner-occupied housing and investment in stocks An empirical test.pdf:pdf}, - issn = 00941190, - journal = {Journal of Urban Economics}, - keywords = {Asset demand,Housing demand,Life-cycle model,Portfolio choice}, - month = {mar}, - number = 2, - pages = {220--237}, - publisher = {Elsevier}, - title = {{Owner-occupied housing and investment in stocks: An empirical test}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S0094119002005144}, - volume = 53, - year = 2003 -} - -@article{yao2005optimal, - abstract = {We examine the optimal dynamic portfolio decisions for investors who acquire housing services from either renting or owning a house. Our results show that when indifferent between owning and renting, investors owning a house hold a lower equity proportion in their net worth (bonds, stocks, and home equity), reflecting the substitution effect, yet hold a higher equity proportion in their liquid portfolios (bonds and stocks), reflecting the diversification effect. Furthermore, following the suboptimal policy of always renting leads investors to overweigh in stocks, while following the suboptimal policy of always owning a house causes investors to underweigh in stocks.}, - author = {Yao, Rui and Zhang, Harold H.}, - doi = {10.1093/rfs/hhh007}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Yao, Zhang/Optimal consumption and portfolio choices with risky housing and borrowing constraints.pdf:pdf}, - issn = 08939454, - journal = {Review of Financial Studies}, - month = {mar}, - number = 1, - pages = {197--239}, - publisher = {Oxford University Press}, - title = {{Optimal consumption and portfolio choices with risky housing and borrowing constraints}}, - url = {https://academic.oup.com/rfs/article-lookup/doi/10.1093/rfs/hhh007 https://academic.oup.com/rfs/article-abstract/18/1/197/1592265}, - volume = 18, - year = 2005 -} - -@article{yogo2016portfolio, - abstract = {In a life-cycle model, a retiree faces stochastic health depreciation and chooses consumption, health expenditure, and the allocation of wealth between bonds, stocks, and housing. The model explains key facts about asset allocation and health expenditure across health status and age. The portfolio share in stocks is low overall and is positively related to health, especially for younger retirees. The portfolio share in housing is negatively related to health for younger retirees and falls significantly in age. Finally, out-of-pocket health expenditure as a share of income is negatively related to health and rises in age.}, - author = {Yogo, Motohiro}, - doi = {10.1016/j.jmoneco.2016.04.008}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Yogo/Portfolio choice in retirement Health risk and the demand for annuities, housing, and risky assets.pdf:pdf}, - issn = 03043932, - journal = {Journal of Monetary Economics}, - keywords = {Aging,Asset allocation,Life-cycle model,Medical expenditure,Saving}, - month = {jun}, - pages = {17--34}, - publisher = {Elsevier}, - title = {{Portfolio choice in retirement: Health risk and the demand for annuities, housing, and risky assets}}, - url = {https://www.sciencedirect.com/science/article/pii/S0304393216300204?casa{\_}token=Hav2uPaMusoAAAAA:7UTj2bJNxmKbwkj4L5QBKV81zUSuu9GmyQN59IWcDJPtMhh2SH{\_}vJZv4KDh4yAlCxKFRteis https://linkinghub.elsevier.com/retrieve/pii/S0304393216300204}, - volume = 80, - year = 2016 -} - -@article{yaari1965uncertain, - title = {Uncertain lifetime, life insurance, and the theory of the consumer}, - author = {Yaari, Menahem E}, - journal = {The Review of Economic Studies}, - volume = 32, - number = 2, - pages = {137--150}, - year = 1965, - publisher = {JSTOR} -} - -@misc{violante_marginal_2021, - author = {Violante, Gianluca }, - title = {The {Marginal} {Propensity} to {Consume} in {Macroeconomics}}, - year = 2021, - howpublished = {JJ Laffont Lecture, EEA-ESEM Congress}, -} - -@article{harmenbergInvariant, - title = {Agg{\-}re{\-}gat{\-}ing hetero{\-}gen{\-}eous-agent mod{\-}els with per{\-}manent in{\-}come shocks}, - journal = {Journal of Economic Dynamics and Control}, - volume = 129, - pages = 104185, - year = 2021, - issn = {0165-1889}, - doi = {https://doi.org/10.1016/j.jedc.2021.104185}, - url = {https://www.sciencedirect.com/science/article/pii/S0165188921001202}, - author = {Karl Harmenberg}, - abstract = {I introduce a method for simulating aggregate dynamics of heterogeneous-agent models where log permanent income follows a random walk. The idea is to simulate the model using a counterfactual permanent-income-neutral measure which incorporates the effect that permanent income shocks have on macroeconomic aggregates. With the permanent-income-neutral measure, one does not need to keep track of the permanent-income distribution. The permanent-income-neutral measure is both useful for the analytical characterization of aggregate consumption-savings behavior and for simulating numerical models. Furthermore, it is trivial to implement with a few lines of code.} -} - -@article{dmHowMuch, - title = {How much consumption insurance in the US?}, - author = {Hryshko, Dmytro and Manovskii, Iourii}, - journal = {Manuscript, University of Alerta}, - year = 2020, - month = {August}, - url = {http://www.artsrn.ualberta.ca/econweb/hryshko/Papers/HryshkoManovskii-how-much-aug25-2020.pdf} -} - -@techreport{dhmImproving, - title = {Improving the measurement of earnings dynamics}, - author = {Daly, Moira and Hryshko, Dmytro and Manovskii, Iourii}, - year = 2016, - institution = {National Bureau of Economic Research} -} - -@article{Pandemic, - title = {Modeling the consumption response to the CARES Act}, - author = {Carroll, Christopher D and Crawley, Edmund and Sla{\-}calek, Jiri and White, Matthew N}, - year = 2021, - month = {March}, - journal = {International Journal of Central Banking}, - volume = 67, - url = {https://econ-ark.github.io/Pandemic/}, - note = {Available at \href{https://econ-ark.github.io/Pandemic/}{econ-ark.github.io/Pandemic}}, -} - -@article{Ameriks2020jbes, - author = {John Ameriks and Gabor Kezdi and Minjoon Lee and Matthew D. Shapiro}, - title = {Heterogeneity in Expectations, Risk Tolerance, and Household Stock Shares: The Attenuation Puzzle}, - journal = {Journal of Business \& Economic Statistics}, - volume = 38, - number = 3, - pages = {633-646}, - year = 2020, - publisher = {Taylor & Francis}, - doi = {10.1080/07350015.2018.1549560}, - note = {PMID: 32982033}, - URL = {https://doi.org/10.1080/07350015.2018.1549560}, - eprint = {https://doi.org/10.1080/07350015.2018.1549560} -} - -@article{Ameriks2020jpe, - author = {Ameriks, John and Briggs, Joseph and Caplin, Andrew and Shapiro, Matthew D. and Tonetti, Christopher}, - title = {Long-Term-Care Utility and Late-in-Life Saving}, - journal = {Journal of Political Economy}, - volume = 128, - number = 6, - pages = {2375-2451}, - year = 2020, - doi = {10.1086/706686}, - URL = { https://doi.org/10.1086/706686 }, - eprint = { https://doi.org/10.1086/706686 } -, - abstract = { Older wealth holders spend down assets much more slowly than predicted by classic life-cycle models. This paper introduces health-dependent utility into a model with incomplete markets in which preferences for bequests, expenditures when in need of long-term care, and ordinary consumption combine with health and longevity uncertainty to explain saving behavior. To sharply identify motives, it develops strategic survey questions (SSQs) that elicit stated preferences. The model is estimated using these SSQs and wealth data from the Vanguard Research Initiative. The desire to self-insure against long-term-care risk explains a substantial fraction of the wealth holding of many older Americans. } -} - -@article{Cocco2005rfs, - author = {Cocco, Joao F. and Gomes, Francisco J. and Maenhout, Pascal J.}, - title = "{Consumption and Portfolio Choice over the Life Cycle}", - journal = {The Review of Financial Studies}, - volume = 18, - number = 2, - pages = {491-533}, - year = 2005, - month = 02, - abstract = "{This article solves a realistically calibrated life cycle model of consumption and portfolio choice with non-tradable labor income and borrowing constraints. Since labor income substitutes for riskless asset holdings, the optimal share invested in equities is roughly decreasing over life. We compute a measure of the importance of human capital for investment behavior. We find that ignoring labor income generates large utility costs, while the cost of ignoring only its risk is an order of magnitude smaller, except when we allow for a disastrous labor income shock. Moreover, we study the implications of introducing endogenous borrowing constraints in this incomplete-markets setting.}", - issn = {0893-9454}, - doi = {10.1093/rfs/hhi017}, - url = {https://doi.org/10.1093/rfs/hhi017}, - eprint = {http://oup.prod.sis.lan/rfs/article-pdf/18/2/491/24421441/hhi017.pdf}, -} - -@article{Dominitz2007jeea, - author = {Dominitz, Jeff and Manski, Charles F.}, - title = {Expected Equity Returns and Portfolio Choice: Evidence from the Health and Retirement Study}, - journal = {Journal of the European Economic Association}, - volume = 5, - number = {2‐3}, - pages = {369-379}, - doi = {10.1162/jeea.2007.5.2-3.369}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1162/jeea.2007.5.2-3.369}, - eprint = {https://onlinelibrary.wiley.com/doi/pdf/10.1162/jeea.2007.5.2-3.369}, - abstract = {Abstract To provide an empirical basis for the study of expectations, we have undertaken survey research measuring in probabilistic terms the beliefs that Americans hold about equity returns in the year ahead. This paper presents new findings on the expected returns reported in the 2004 Health and Retirement Study. We find substantial heterogeneity of reported beliefs, but, strikingly, nearly two-thirds of respondents report no better than a 50–50 chance of a positive nominal return. As in our earlier work, expected returns decline with age and are higher for men than for women. We find here that the probability of holding stocks increases substantially as the perceived chance of a positive return increases. These findings are potentially of considerable importance for portfolio choice. (JEL: G1, D1, D8)}, - year = 2007 -} - -@article{Dominitz2011jae, - author = {Dominitz, Jeff and Manski, Charles F.}, - title = {Measuring and interpreting expectations of equity returns}, - journal = {Journal of Applied Econometrics}, - volume = 26, - number = 3, - pages = {352-370}, - doi = {10.1002/jae.1225}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1002/jae.1225}, - eprint = {https://onlinelibrary.wiley.com/doi/pdf/10.1002/jae.1225}, - abstract = {Abstract We analyze probabilistic expectations of equity returns elicited in the Survey of Economic Expectations in 1999–2001 and in the Michigan Survey of Consumers in 2002–2004. Our empirical findings suggest that individuals use interpersonally variable but intrapersonally stable processes to form their expectations. We therefore propose to think of the population as a mixture of expectations types, each forming expectations in a stable but different way. We use our expectations data to learn about the prevalence of several specific types suggested by research in finance. Copyright © 2010 John Wiley \& Sons, Ltd.}, - year = 2011 -} - -@article{Shleifer2014rfs, - author = {Greenwood, Robin and Shleifer, Andrei}, - title = "{Expectations of Returns and Expected Returns}", - journal = {The Review of Financial Studies}, - volume = 27, - number = 3, - pages = {714-746}, - year = 2014, - month = 01, - abstract = "{We analyze time series of investor expectations of future stock market returns from six data sources between 1963 and 2011. The six measures of expectations are highly positively correlated with each other, as well as with past stock returns and with the level of the stock market. However, investor expectations are strongly negatively correlated with model-based expected returns. The evidence is not consistent with rational expectations representative investor models of returns.}", - issn = {0893-9454}, - doi = {10.1093/rfs/hht082}, - url = {https://doi.org/10.1093/rfs/hht082}, - eprint = {https://academic.oup.com/rfs/article-pdf/27/3/714/24449380/hht082.pdf}, -} - -@article{Malmendier2011qje, - author = {Malmendier, Ulrike and Nagel, Stefan}, - title = "{Depression Babies: Do Macroeconomic Experiences Affect Risk Taking?*}", - journal = {The Quarterly Journal of Economics}, - volume = 126, - number = 1, - pages = {373-416}, - year = 2011, - month = 02, - abstract = "{We investigate whether individual experiences of macroeconomic shocks affect financial risk taking, as often suggested for the generation that experienced the Great Depression. Using data from the Survey of Consumer Finances from 1960 to 2007, we find that individuals who have experienced low stock market returns throughout their lives so far report lower willingness to take financial risk, are less likely to participate in the stock market, invest a lower fraction of their liquid assets in stocks if they participate, and are more pessimistic about future stock returns. Those who have experienced low bond returns are less likely to own bonds. Results are estimated controlling for age, year effects, and household characteristics. More recent return experiences have stronger effects, particularly on younger people.}", - issn = {0033-5533}, - doi = {10.1093/qje/qjq004}, - url = {https://doi.org/10.1093/qje/qjq004}, - eprint = {http://oup.prod.sis.lan/qje/article-pdf/126/1/373/17088890/qjq004.pdf}, -} - -@article{Malmendier2015qje, - author = {Malmendier, Ulrike and Nagel, Stefan}, - title = "{ Learning from Inflation Experiences *}", - journal = {The Quarterly Journal of Economics}, - volume = 131, - number = 1, - pages = {53-87}, - year = 2015, - month = 10, - abstract = "{ How do individuals form expectations about future inflation? We propose that individuals overweight inflation experienced during their lifetimes. This approach modifies existing adaptive learning models to allow for age-dependent updating of expectations in response to inflation surprises. Young individuals update their expectations more strongly than older individuals since recent experiences account for a greater share of their accumulated lifetime history. We find support for these predictions using 57 years of microdata on inflation expectations from the Reuters/Michigan Survey of Consumers. Differences in experiences strongly predict differences in expectations, including the substantial disagreement between young and old individuals in periods of highly volatile inflation, such as the 1970s. It also explains household borrowing and lending behavior, including the choice of mortgages. }", - issn = {0033-5533}, - doi = {10.1093/qje/qjv037}, - url = {https://doi.org/10.1093/qje/qjv037}, - eprint = {https://academic.oup.com/qje/article-pdf/131/1/53/30636088/qjv037.pdf}, -} - -@article{Manski2004ecta, - author = {Manski, Charles F.}, - title = {Measuring Expectations}, - journal = {Econometrica}, - volume = 72, - number = 5, - pages = {1329-1376}, - keywords = {Choice analysis, beliefs, subjective probabilities, survey research}, - doi = {10.1111/j.1468-0262.2004.00537.x}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1468-0262.2004.00537.x}, - eprint = {https://onlinelibrary.wiley.com/doi/pdf/10.1111/j.1468-0262.2004.00537.x}, - abstract = {To predict choice behavior, the standard practice of economists has been to infer decision processes from data on observed choices. When decision makers act with partial information, economists typically assume that persons form probabilistic expectations for unknown quantities and maximize expected utility. Observed choices may be consistent with many alternative specifications of preferences and expectations, so researchers commonly assume particular sorts of expectations. It would be better to measure expectations in the form called for by modern economic theory; that is, subjective probabilities. Data on expectations can be used to relax or validate assumptions about expectations. Since the early 1990's, economists have increasingly undertaken to elicit from survey respondents probabilistic expectations of significant personal events. This article discusses the history underlying the new literature, describes some of what has been learned thus far, and looks ahead towards making further progress.}, - year = 2004 -} - -@inbook{Manski2017nber, - title = "Survey Measurement of Probabilistic Macroeconomic Expectations: Progress and Promise", - author = "Charles F. Manski", - BookTitle = "NBER Macroeconomics Annual 2017, volume 32", - Publisher = "University of Chicago Press", - pages = "411-471", - year = 2017, - month = "April", - doi = {10.1086/696061}, - URL = "http://www.nber.org/chapters/c13907", -} - -@article{Shiller1996res, - ISSN = {00346535, 15309142}, - URL = {http://www.jstor.org/stable/2109855}, - abstract = {Why did the Japanese stock market lose most of its value between 1989 and 1992? To help us answer this and related questions, we have collected parallel time series data from market participants in both Japan and the United States 1989-94 on their expectations, attitudes, and theories. Substantial variability within countries through time in these data and, notably, dramatic differences across countries in expectations were found. While no unambiguous explanation of the Japanese crash emerges from the results, we do find a clear relation of the crash to changes in Japanese price expectations and speculative strategies.}, - author = {Robert J. Shiller and Fumiko Kon-Ya and Yoshiro Tsutsui}, - journal = {The Review of Economics and Statistics}, - number = 1, - pages = {156--164}, - publisher = {The MIT Press}, - title = {Why Did the Nikkei Crash? Expanding the Scope of Expectations Data Collection}, - volume = 78, - year = 1996 -} - -@article{Shiller2000jpfm, - author = { Robert J. Shiller }, - title = {Measuring Bubble Expectations and Investor Confidence}, - journal = {Journal of Psychology and Financial Markets}, - volume = 1, - number = 1, - pages = {49-60}, - year = 2000, - publisher = {Routledge}, - doi = {10.1207/S15327760JPFM0101\_05}, - URL = { https://doi.org/10.1207/S15327760JPFM0101_05 }, - eprint = { https://doi.org/10.1207/S15327760JPFM0101_05 } -} - -@article{schmitt2003closing, - title = {Closing small open economy models}, - author = {Schmitt-Groh{\'e}, Stephanie and Uribe, Mart{\i}n}, - journal = {Journal of international Economics}, - volume = 61, - number = 1, - pages = {163--185}, - year = 2003, - publisher = {Elsevier} -} - -@misc{maTodaRich, - title = {A Theory of the Saving Rate of the Rich}, - author = {Qingyin Ma and Alexis Akira Toda}, - year = 2020, - eprint = {2005.02379}, - journal = {arXiv}, - primaryClass = {econ.TH} -} - -@book{hendricksBequests, - title = {Bequests and Retirement Wealth in the United States}, - author = {Hendricks, Lutz}, - journal = {Manuscript, University of Arizona}, - publisher = {University of Arizona}, - year = 2001, - url = {https://lhendricks.org/Research/wps/bequdata_paper.pdf} -} - -@book{riehl2017category, - title = {Category theory in context}, - author = {Riehl, Emily}, - year = 2017, - publisher = {Courier Dover Publications} -} - -@article{zwiebelLeisure, - author = {Zweibel, T.~Herman}, - url = {https://www.theonion.com/180-trillion-leisure-hours-lost-to-work-last-year-1819567706}, - title = {180 Trillion Leisure Hours Lost To Work Last Year}, - journal = {The Onion}, - volume = 41, - issue = 5, - year = 2005, - note = {Available \href{https://www.theonion.com/180-trillion-leisure-hours-lost-to-work-last-year-1819567706}{here}}, -} - -https://lhendricks.org/econ821/wealth/wealth_bequ_sl.pdf - -@article{hendricksSmallBequests, - title = {Wealth Distribution and Bequests}, - author = {Lutz Hendricks}, - journal = {Lecture Notes, Economics 821, University of North Carolina}, - year = 2016, - url = {https://lhendricks.org/econ821/wealth/wealth_bequ_sl.pdf} -} - -@article{brown2008don, - title = {Why don't people insure late-life consumption? A framing explanation of the under-annuitization puzzle}, - author = {Brown, Jeffrey R and Kling, Jeffrey R and Mullainathan, Sendhil and Wrobel, Marian V}, - journal = {American Economic Review}, - volume = 98, - number = 2, - pages = {304--09}, - year = 2008 -} - -@article{pashchenko2013accounting, - title = {Accounting for non-annuitization}, - author = {Pashchenko, Svetlana}, - journal = {Journal of Public Economics}, - volume = 98, - pages = {53--67}, - year = 2013, - publisher = {Elsevier} -} - -@article{bayer2019precautionary, - title = {Precautionary savings, illiquid assets, and the aggregate consequences of shocks to household income risk}, - author = {Bayer, Christian and L{\"u}tticke, Ralph and Pham-Dao, Lien and Tjaden, Volker}, - journal = {Econometrica}, - volume = 87, - number = 1, - pages = {255--290}, - year = 2019, - publisher = {Wiley Online Library} -} - -@article{seater1997optimal, - title = {An optimal control solution to the liquidity constraint problem}, - author = {Seater, John J}, - journal = {Economics Letters}, - volume = 54, - number = 2, - pages = {127--134}, - year = 1997, - publisher = {Elsevier} -} - -@misc{matthew_n_white_2017_1001068, - author = {Christopher D Carroll and Matt{\-}hew N White and Team Econ-ARK}, - title = {econ-ark/HARK: 0.8.0}, - month = Oct, - year = 2017, - doi = {10.5281/zenodo.1001068}, - url = {https://doi.org/10.5281/zenodo.1001068}, - note = {Available at via doi:10.5281/zenodo.1001068 or at \url{https://doi.org/10.5281/zenodo.1001068}} -} - -@article{LiqConstr, - title = {Liquidity constraints and precautionary saving}, - author = {Carroll, Christopher D and Holm, Martin B and Kimball, Miles S}, - journal = {Journal of Economic Theory}, - volume = 195, - pages = 105276, - year = 2021, - url = {https://llorracc.github.io/LiqConstr}, - note = {Available at \href{https://llorracc.github.io/LiqConstr}{llorracc.github.io/LiqConstr}}, - doi = {10.5281/zenodo.4073652} -} - -@article{mstIncFluct, - title = {The income fluctuation problem and the evolution of wealth}, - author = {Ma, Qingyin and Stachurski, John and Toda, Alexis Akira}, - journal = {Journal of Economic Theory}, - volume = 187, - year = 2020, - publisher = {Elsevier} -} - -@Article{StachurskiToda2019JET, - author = {Stachurski, John and Toda, Alexis Akira}, - title = {An Impossibility Theorem for Wealth in Heterogeneous-Agent Models with Limited Heterogeneity}, - journal = {Journal of Economic Theory}, - year = 2019, - volume = 182, - pages = {1-24}, - month = jul, - doi = {10.1016/j.jet.2019.04.001}, -} - -@Unpublished{MaTodaMPC, - author = {Ma, Qingyin and Toda, Alexis Akira}, - title = {Asymptotic Marginal Propensity to Consume}, - year = 2020, - url = {https://arxiv.org/abs/2002.09108}, - note = {Manuscript, Australian National University} -} - -@Article{MaStachurskiToda2020JET, - author = {Ma, Qingyin and Stachurski, John and Toda, Alexis Akira}, - title = {The Income Fluctuation Problem and the Evolution of Wealth}, - journal = {Journal of Economic Theory}, - year = 2020, - volume = 187, - pages = 105003, - month = may, - doi = {10.1016/j.jet.2020.105003}, -} - -@article{crawleyMicroMacro, - title={Consumption heterogeneity: Micro drivers and macro implications}, - author={Crawley, Edmund and Kuchler, Andreas}, - year={2022}, - journal={American Economic Journal: Macro (forthcoming)} -} - -@article{carroll_sticky_2020, - author = {Carroll, Christopher D. and Crawley, Edmund and Sla{\-}ca{\-}lek, Jiri and To{\-}ku{\-}o{\-}ka, Ki{\-}ichi and White, Matt{\-}hew N.}, - journal = {American {Economic} {Journal:} {Macroeconomics}}, - title = {Sticky {Expectations} and {Consumption} {Dynamics}}, - year = 2020, - abstract = {Macroeconomic models often invoke consumption “habits” to explain the substantial persistence of aggregate consumption growth. But a large literature has found no evidence of habits in microeconomic datasets that measure the behavior of individual households. We show that the apparent conflict can be explained by a model in which consumers have accurate knowledge of their personal circumstances but ‘sticky expectations’ about the macroeconomy. In our model, the persistence of aggregate consumption growth reflects consumers’ imperfect attention to aggregate shocks. Our proposed degree of (macro) inattention has negligible utility costs, because aggregate shocks constitute only a tiny proportion of the uncertainty that consumers face.}, - month = {July}, - pages = {40--76}, - volume = 12, - number = 3, - doi = {10.3386/w24377}, - url = {http://www.nber.org/papers/w24377}, -} - -% Update in /Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/economics.bib as well as here - -@article{cAndCwithStickyE, - author = {Carroll, Christopher D. and Crawley, Edmund and Sla{\-}calek, Jiri and Tokuoka, Kiichi and White, Matthew N.}, - journal = {American {Economic} {Journal:} {Macroeconomics}}, - title = {Sticky {Expectations} and {Consumption} {Dynamics}}, - year = 2020, - abstract = {Macroeconomic models often invoke consumption “habits” to explain the substantial persistence of aggregate consumption growth. But a large literature has found no evidence of habits in microeconomic datasets that measure the behavior of individual households. We show that the apparent conflict can be explained by a model in which consumers have accurate knowledge of their personal circumstances but ‘sticky expectations’ about the macroeconomy. In our model, the persistence of aggregate consumption growth reflects consumers’ imperfect attention to aggregate shocks. Our proposed degree of (macro) inattention has negligible utility costs, because aggregate shocks constitute only a tiny proportion of the uncertainty that consumers face.}, - month = {July}, - pages = {40--76}, - volume = 12, - number = 3, - doi = {10.1257/mac.20180286}, - url = {https://llorracc.github.io/cAndCwithStickyE} -} - -@techreport{kmv_pandemics, - author = {Greg Kaplan and Benjamin Moll and Giovanni L. Violante}, - institution = {Princeton University}, - type = {mimeo}, - title = {The Great Lockdown and the Big Stimulus: Tracing the Pandemic Possibility Frontier for the U.S.}, - year = 2020, -} - -@Article{covidC_chase, - author = {Natalie Cox and Peter Ganong and Pascal Noel and Joseph Vavra and Arlene Wong and Diana Farrell and Fiona Greig}, - title = {Initial Impacts of the Pandemic on Consumer Behavior: Evidence from Linked Income, Spending, and Savings Data}, - journal = {Brookings Papers on Economic Activity}, - year = 2020, - note = {forthcoming}, -} - -@TechReport{chetty_covidC, - author = {Raj Chetty and John Friedman and Nathaniel Hendren and Michael Stepner and The~Opportunity~Insights~Team}, - title = {How Did COVID-19 and Stabilization Policies Affect Spending and Employment? A New Real-Time Economic Tracker Based on Private Sector Data}, - year = 2020, - institution = {Harvard University}, - type = {working paper}, -} - -@Article{hpv:cycleTrend, - author = {Jonathan Heathcote and Fabrizio Perri and Giovanni L. Violante}, - title = {The Rise of US Earnings Inequality: Does the Cycle Drive the Trend?}, - journal = {Review of Economic Dynamics}, - year = 2020, - note = {forthcoming}, -} - -@techreport{coibion_stimulus, - title = "How Did U.S. Consumers Use Their Stimulus Payments?", - author = "Coibion, Olivier and Gorodnichenko, Yuriy and Weber, Michael", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = 27693, - year = 2020, - month = "August", - doi = {10.3386/w27693}, - URL = "http://www.nber.org/papers/w27693", - abstract = {Using a large-scale survey of U.S. consumers, we study how the large one-time transfers to individuals from the CARES Act affected their consumption, saving and labor-supply decisions. Most respondents report that they primarily saved or paid down debts with their transfers, with only about 15 percent reporting that they mostly spent it. When providing a detailed breakdown of how they used their checks, individuals report having spent or planning to spend only around 40 percent of the total transfer on average. This relatively low rate of spending out of a one-time transfer is higher for those facing liquidity constraints, who are out of the labor force, who live in larger households, who are less educated and those who received smaller amounts. We find no meaningful effect on labor-supply decisions from these transfer payments, except for twenty percent of the unemployed who report that the stimulus payment made them search harder for a job.}, -} - -@techreport{casado_stimulus, - title = "The Effect of Fiscal Stimulus: Evidence from COVID-19", - author = "Casado, Miguel Garza and Glennon, Britta and Lane, Julia and McQuown, David and Rich, Daniel and Weinberg, Bruce A", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = 27576, - year = 2020, - month = "August", - doi = {10.3386/w27576}, - URL = "http://www.nber.org/papers/w27576", - abstract = {Policymakers, faced with different options for replacing lost earnings, have had limited evidence to inform their decisions. The current economic crisis has highlighted the need for data that are local and timely so that different fiscal policy options on local economies can be more immediately evaluated. This paper provides a framework for evaluating real-time effects of fiscal policy on local economic activity using two new sources of near real-time data. The first data source is administrative records that provide universal, weekly, information on unemployment claimants. The second data source is transaction level data on economic activity that are available on a daily basis. We use shift-share approaches, combined with these two data sources and the novel cross-county variation in the incidence of the COVID-19 supplement to Unemployment Insurance to estimate the local impact of unemployment, earnings replacement, and their interaction on economic activity. We find that higher replacement rates lead to significantly more consumer spending – even with increases in the unemployment rate – consistent with the goal of the fiscal stimulus. Our estimates suggest that, based on the latest data, eliminating the Federal Pandemic Unemployment Compensation (FPUC) supplement would lead to a 44% decline in local spending. If the FPUC supplement is reduced to $200, resulting in a reduction of the replacement rate by 44%, spending would fall by 28%. Even if the FPUC supplement is reduced to $400, the replacement rate would fall by 29% and spending would fall by 12%. Because these data are available in every state, the approach can be used to inform decision making not just in this current crisis, but also in future recessions.}, -} - -@article{garner_receipt, - Author = {Garner, Thesia I. and Safir, Adam and Schild, Jake}, - institution = "U.S. Bureau of Labor Statistics", - Title = {Receipt and use of stimulus payments in the time of the Covid-19 pandemic}, - Journal = {Beyond the Numbers: Prices and Spending}, - Volume = 9, - Number = 10, - Year = 2020, - Month = {August}, - URL = {"https://www.bls.gov/opub/btn/volume-9/receipt-and-use-of-stimulus-payments-in-the-time-of-the-covid-19-pandemic.htm"}, -} -n - -@article{wachter_scarring, - Author = {Oreopoulos, Philip and {von Wachter}, Till and Heisz, Andrew}, - Title = {The Short- and Long-Term Career Effects of Graduating in a Recession}, - Journal = {American Economic Journal: Applied Economics}, - Volume = 4, - Number = 1, - Year = 2012, - Month = {January}, - Pages = {1--29}, -} - -@article{yagan_hysteresis, - author = {Yagan, Danny}, - title = {Employment Hysteresis from the Great Recession}, - journal = {Journal of Political Economy}, - volume = 127, - number = 5, - pages = {2505--2558}, - year = 2019, -} - -@InProceedings{ carroll_et_al-proc-scipy-2018, - author = { {C}hristopher {D}. {C}arroll and {A}lexander {M}. {K}aufman and {J}acqueline {L}. {K}azil and {N}athan {M}. {P}almer and {M}atthew {N}. {W}hite }, - title = { {T}he {E}con-{A}{R}{K} and {H}{A}{R}{K}: {O}pen {S}ource {T}ools for {C}omputational {E}conomics }, - booktitle = { {P}roceedings of the 17th {P}ython in {S}cience {C}onference }, - pages = { 25 - 30 }, - year = { 2018 }, - editor = { {F}atih {A}kici and {D}avid {L}ippa and {D}illon {N}iederhut and {M} {P}acer }, - doi = { 10.25080/Majora-4af1f417-004 } -}} - -@article{kmpHandbook, - author = {Krueger, Dirk and Mitman, Kurt and Perri, Fabrizio}, - journal = {Handbook of Macroeconomics}, - pages = {843--921}, - publisher = {Elsevier}, - title = {Macroeconomics and Household Heterogeneity}, - volume = 2, - year = 2016, - abstract = {The goal of this chapter is to study how, and by how much, household income, wealth, and preference heterogeneity amplify and propagate a macroeconomic shock. We focus on the U.S. Great Recession of 2007-2009 and proceed in two steps. First, using data from the Panel Study of Income Dynamics, we document the patterns of household income, consumption and wealth inequality before and during the Great Recession. We then investigate how households in different segments of the wealth distribution were affected by income declines, and how they changed their expenditures differentially during the aggregate downturn. Motivated by this evidence, we study several variants of a standard heterogeneous household model with aggregate shocks and an endogenous cross-sectional wealth distribution. Our key finding is that wealth inequality can significantly amplify the impact of an aggregate shock, and it does so if the distribution features a sufficiently large fraction of households with very little net worth that sharply increase their saving (i.e. they are not hand-to mouth) as the recession hits. We document that both these features are observed in the PSID. We also investigate the role that social insurance policies, such as unemployment insurance, play in shaping the cross-sectional income and wealth distribution, and through it, the dynamics of business cycles.}, - doi = {10.3386/w22319}, - url = {http://www.nber.org/papers/w22319}, -} - -@article{hrsHabit, - author = {Havranek, Tomas and Rusnak, Marek and Sokolova, Anna}, - journal = {European Economic Review}, - pages = {142--167}, - publisher = {Elsevier}, - title = {Habit formation in consumption: A meta-analysis}, - volume = 95, - year = 2017, - doi = {10.1016/j.euroecorev.2017.03.009}, - url = {https://doi.org/10.1016/j.euroecorev.2017.03.009}, -} - -@techreport{SpanishSpending, - author = {Carvalho, V.M and J.R. Garcia and S. Hansen and A. Ortiz and T. Rodrigo and J.V. Mora Rodriguez and J. Ruiz}, - institution = {Cambridge University}, - journal = {Cambridge Working Papers in Economics CWPE2030)}, - title = {Tracking the COVID-19 Crisis with High-Resolution Transaction Data}, - year = 2020, -} - -@article{denmark_pandemics, - author = {Asger Lau Andersen and Emil Toft Hansen and Niels Johannesen and Adam Sheridan}, - journal = {Covid Economics}, - pages = {88--111}, - title = {Consumer Responses to the COVID-19 Crisis: Evidence from Bank Account Transaction Data}, - volume = 7, - year = 2020, -} - -@techreport{krugman_corona, - author = {Paul Krugman}, - institution = {City University of New York}, - type = {mimeo}, - title = {Notes on Coronacoma Economics}, - year = 2020, -} - -@techreport{hkpMemory, - author = {Hai, Rong and Krueger, Dirk and Postlewaite, Andrew}, - institution = {National Bureau of Economic Research}, - number = 19386, - type = {working paper}, - title = {On the Welfare Cost of Consumption Fluctuations in the Presence of Memorable Goods}, - year = 2013, -} - -@techreport{ert_covid, - author = {Eichenbaum, Martin S. and Rebelo, Sergio and Trabandt, Mathias}, - institution = {National Bureau of Economic Research}, - number = 26882, - type = {working paper}, - title = {The Macroeconomics of Epidemics}, - year = 2020, -} - -@techreport{aal_covid, - author = {Fernando Alvarez and David Argente and Francesco Lippi}, - institution = {University of Chicago}, - number = 34, - type = {BFI working paper}, - title = {A Simple Planning Problem for {COVID}-19 Lockdown}, - year = 2020, -} - -@techreport{covidMacroImpl, - author = {Guerrieri, Veronica and Lorenzoni, Guido and Straub, Ludwig and Werning, Ivan}, - institution = {National Bureau of Economic Research}, - number = 26918, - type = {working paper}, - title = {Macroeconomic Implications of {COVID}-19: Can Negative Supply Shocks Cause Demand Shortages?}, - year = 2020, -} - -@article{healthWealth, - author = {Andrew Glover and Jonathan Heathcote and Dirk Krueger and Jos{\'e}-V{\'\i}ctor R{\'\i}os-Rull}, - journal = {Covid Economics}, - pages = {22--64}, - title = {Health versus Wealth: On the Distributional Effects of Controlling a Pandemic}, - volume = 6, - year = 2020, -} - -@article{faria_FPpandemic, - author = {Miguel {Faria-e-Castro}}, - journal = {Covid Economics}, - pages = {67--101}, - title = {Fiscal Policy during a Pandemic}, - volume = 2, - year = 2020, -} - -@techreport{bayer_corona, - author = {Christian Bayer and Benjamin Born and Ralph Luetticke and Gernot J. M\"{u}ller}, - institution = {CEPR}, - number = 14600, - type = {discussion paper}, - title = {The Coronavirus Stimulus Package: How Large Is the Transfer Multiplier?}, - year = 2020, -} - -@techreport{baker_Cpandemic, - author = {Baker, Scott R. and Farrokhnia, R. A. and Meyer, Steffen and Pagel, Michaela and Yannelis, Constantine}, - institution = {National Bureau of Economic Research}, - number = 26949, - type = {working paper}, - title = {How Does Household Spending Respond to an Epidemic? Consumption During the 2020 COVID-19 Pandemic}, - year = 2020, -} - -@article{jorda_pandemics, - author = {Jorda, Oscar and Singh, Sanjay R. and Taylor, Alan M.}, - journal = {Covid Economics}, - pages = {1--15}, - title = {Longer-run Economic Consequences of Pandemics}, - volume = 1, - year = 2020, -} - -@techreport{verner_pandemics, - author = {Sergio Correia and Stephan Luck and Emil Verner}, - institution = {MIT Sloan}, - type = {mimeo}, - title = {Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu}, - year = 2020, -} - -@article{cstwMPC, - author = {Christopher D. Carroll and Jiri Sla{\-}calek and Kiichi To{\-}ku{\-}o{\-}ka and Matt{\-}hew N. White}, - journal = {Quantitative Economics}, - month = {November}, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/papers/cstwMPC}}, - pages = {977-1020}, - title = {The Dis{\-}tri{\-}bu{\-}tion of Wealth and the Mar{\-}gi{\-}nal Pro{\-}pen{\-}si{\-}ty to Con{\-}sume}, - volume = 8, - year = 2017, - doi = {10.3982/QE694}, - url = {http://onlinelibrary.wiley.com/doi/10.3982/QE694/pdf}, -} - -@techreport{JPMorganBlog2020, - author = {JPMorgan}, - institution = {JPMorgan}, - month = {March}, - type = {Blog post}, - title = {Fallout from COVID-19: Global Recession, Zero Interest Rates and Emergency Policy Actions}, - year = 2020, - url = {https://www.jpmorgan.com/global/research/fallout-from- covid19}, -} - -@techreport{Bloomberg1, - author = {Bloomberg}, - institution = {Bloomberg}, - month = {March}, - type = {Press article}, - title = {Mnuchin Warns Virus Could Yield 20\% Jobless Rate Without Action}, - year = 2020, - url = {https://www.bloomberg.com/news/articles/2020-03-17/mnuchin- warns-virus-could-yield-20-jobless-rate-without-action- k7wheob8}, -} - -@techreport{Bloomberg2, - author = {Bloomberg}, - institution = {Bloomberg}, - month = {March}, - type = {Press article}, - title = {U.S. Jobless Rate May Soar to 30\%, Fed's Bullard Says}, - year = 2020, - url = {https://www.bloomberg.com/news/articles/2020-03-22/fed-s- bullard-says-u-s-jobless-rate-may-soar-to-30-in-2q}, -} - -@techreport{FariaBlog2020, - author = {{Faria-e-Castro}, Miguel}, - institution = {Federal Reserve Bank, St. Louis}, - month = {March}, - type = {Blog post}, - title = {Back-of-the-Envelope Estimates of Next Quarter's Unemployment Rate}, - year = 2020, - url = {https://www.stlouisfed.org/on-the-economy/2020/march/back- envelope-estimates-next-quarters-unemployment-rate}, -} - -@techreport{BickBlandin2020, - author = {Alexander Bick and Adam Blandin}, - institution = {Arizona State University}, - month = {April}, - type = {Working paper}, - title = {Real Time Labor Market Estimates During the 2020 Coronavirus Outbreak}, - year = 2020, - url = {https://alexbick.weebly.com/uploads/1/0/1/3/101306056/ bb_covid.pdf}, -} - -@techreport{GasconCOVID2020, - author = {Gascon, Charles}, - institution = {Federal Reserve Bank, St. Louis}, - month = {March}, - type = {Blog post}, - title = {COVID-19: Which Workers Face the Highest Unemployment Risk?}, - year = 2020, - url = {https://www.stlouisfed.org/on-the-economy/2020/march/covid- 19-workers-highest-unemployment-risk}, -} - -@techreport{LeiboviciSocial2020, - author = {Leibovici, Fernando and Santacreu, Ana Maria}, - institution = {Federal Reserve Bank, St. Louis}, - month = {March}, - type = {Blog post}, - title = {Social Distancing and Contact-Intensive Occupations}, - year = 2020, - url = {https://www.stlouisfed.org/on-the-economy/2020/march/social- distancing-contact-intensive-occupations}, -} - -@techreport{covid_USsurvey, - author = {Abi {Adams-Prassl} and Teodora Boneva and Marta Golin and Christopher Rauh}, - institution = {Oxford University}, - type = {mimeo}, - title = {Inequality in the Impact of the Coronavirus Shock: New Survey Evidence for the US}, - year = 2020, -} - -@article{cyranoski_we_2020, - author = {Cyranoski, David}, - journal = {Nature}, - month = mar, - title = {`{We} need to be alert': {Scientists} fear second coronavirus wave as {China}'s lockdowns ease}, - year = 2020, - abstract = {Other countries on lockdown will be watching for a resurgence of infections in Hubei province now that travel restrictions are lifting.}, - doi = {10.1038/d41586-020-00938-0}, - language = {en}, - url = {https://www.nature.com/articles/d41586-020-00938-0}, -} - -@techreport{SwagelCBO2020, - author = {Swagel, Phill}, - institution = {Congressional Budget Office}, - month = {April}, - type = {Blog post}, - title = {Updating CBO's Economic Forecast to Account for the Pandemic}, - year = 2020, - url = {https://www.cbo.gov/publication/56314}, -} - -@article{carroll_sticky_2020, - author = {Carroll, Christopher D. and Crawley, Edmund and Sla{\-}calek, Jiri and Tokuoka, Kiichi and White, Matthew N.}, - journal = {American {Economic} {Journal:} {Macroeconomics}}, - title = {Sticky {Expectations} and {Consumption} {Dynamics}}, - volume = {Forthcoming}, - year = 2020, - abstract = {Macroeconomic models often invoke consumption “habits” to explain the substantial persistence of aggregate consumption growth. But a large literature has found no evidence of habits in microeconomic datasets that measure the behavior of individual households. We show that the apparent conflict can be explained by a model in which consumers have accurate knowledge of their personal circumstances but ‘sticky expectations’ about the macroeconomy. In our model, the persistence of aggregate consumption growth reflects consumers’ imperfect attention to aggregate shocks. Our proposed degree of (macro) inattention has negligible utility costs, because aggregate shocks constitute only a tiny proportion of the uncertainty that consumers face.}, - doi = {10.3386/w24377}, - url = {http://www.nber.org/papers/w24377}, -} - -@article{psjmMPC2008, - author = {Parker, Jonathan A and Souleles, Nicholas S and Johnson, David S and McClelland, Robert}, - journal = {The American Economic Review}, - month = {October}, - number = 6, - pages = {2530--2553}, - publisher = {American Economic Association}, - title = {Consumer spending and the economic stimulus payments of 2008}, - volume = 103, - year = 2013, -} - -@article{brodaParker, - author = {Broda, Christian and Parker, Jonathan A.}, - journal = {Journal of Monetary Economics}, - number = {S}, - pages = {20--36}, - title = {The Economic Stimulus Payments of 2008 and the Aggregate Demand for Consumption}, - volume = 68, - year = 2014, -} - -@article{parker25million, - author = {Jonathan A. Parker}, - journal = {American Economic Journal: Macroeconomics}, - month = {October}, - number = 9, - pages = {153--183}, - title = {Why Don't Households Smooth Consumption? Evidence from a \$25 Million Experiment}, - volume = 4, - year = 2017, -} - -@techreport{fhnMPC, - author = {Andreas Fagereng and Martin B. Holm and Gisle J. Natvik}, - institution = {Statistics Norway}, - type = {discussion paper}, - title = {MPC Heterogeneity and Household Balance Sheets}, - volume = 852, - year = 2017, -} - -@misc{nyFedCoronaBlog, - author = {Olivier Armantier and Gizem Kosar and Rachel Pomerantz and Daphne Skandalis and Kyle Smith and Giorgio Topa and Wilbert {van der Klaauw}}, - howpublished = {\href{https://libertystreeteconomics.newyorkfed.org/2020/04/coronavirus-outbreak-sends-consumer-expectations-plummeting.html}{URL link retrieved on 04/07/2020 \texttt{here}.}}, - journal = {Liberty Street Economics}, - number = {April 6}, - type = {Blog}, - title = {Coronavirus Outbreak Sends Consumer Expectations Plummeting}, - year = 2020, -} - -@incollection{BrownLiebmanPollet, - author = {Jeffrey Brown and Jeffrey B. Liebman and Joshua Pollett}, - booktitle = {The Distributional Aspects of Social Security and Social Security Reform}, - editor = {Martin Feldstein and Jeffrey B. Liebman}, - pages = {447--457}, - publisher = {University of Chicago Press}, - title = {Estimating Life Tables That Reflect Socioeconomic Differences in Mortality}, - year = 2002, -} - -@article{SabelhausSong, - author = {John Sabelhaus and Jae Song}, - journal = {Journal of Monetary Economics}, - number = 4, - pages = {391--403}, - title = {The Great Moderation in Micro Labor Earnings}, - volume = 57, - year = 2010, -} - -@article{Cagetti, - author = {Marco Cagetti}, - journal = {Journal of Business and Economic Statistics}, - number = 3, - pages = {339--353}, - title = {Wealth Ac{\-}cumulation Over the Life Cycle and Pre{\-}cau{\-}tion{\-}ary Savings}, - volume = 21, - year = 2003, -} - -@article{carroll_EGM, - author = {Christopher D. Carroll}, - journal = {Economics Letters}, - number = 3, - pages = {312--320}, - title = {The Method of En{\-}do{\-}gen{\-}ous Grid{\-}points for Sol{\-}ving Dy{\-}nam{\-}ic Sto{\-}chas{\-}tic Optimization Problems}, - volume = 91, - year = 2006, -} - -@Article{covidC_chase, - author = {Natalie Cox and Peter Ganong and Pascal Noel and Joseph Vavra and Arlene Wong and Diana Farrell and Fiona Greig}, - title = {Initial Impacts of the Pandemic on Consumer Behavior: Evidence from Linked Income, Spending, and Savings Data}, - journal = {Brookings Papers on Economic Activity}, - year = 2020, - note = {forthcoming}, -} - -@TechReport{chetty_covidC, - author = {Raj Chetty and John Friedman and Nathaniel Hendren and Michael Stepner and The Opportunity Insights Team}, - title = {How Did COVID-19 and Stabilization Policies Affect Spending and Employment? A New Real-Time Economic Tracker Based on Private Sector Data}, - year = 2020, - institution = {Harvard University}, - type = {working paper}, -} - -@Article{hpv:cycleTrend, - author = {Jonathan Heathcote and Fabrizio Perri and Giovanni L. Violante}, - title = {The Rise of US Earnings Inequality: Does the Cycle Drive the Trend?}, - journal = {Review of Economic Dynamics}, - year = 2020, - note = {forthcoming}, -} - -@article{barroDoubleCounting, - title = {Double-Counting of Investment}, - author = {Robert J. Barro}, - year = 2019, - month = {September}, - journal = {Manuscript, Harvard University}, - note = {Presentation at Johns Hopkins University macroeconomics seminar}, - url = {https://www.econ2.jhu.edu/seminars/Fall2019/Double-countingpaper.pdf} -} - -@misc{DiamondOLGDemARK, - author = {Econ-ARK}, - title = {\href{https://github.com/econ-ark/DemARK/blob/master/notebooks/DiamondOLG.ipynb}{DiamondOLG}}, - url = {https://github.com/econ-ark/DemARK/blob/master/notebooks/DiamondOLG}, -} - -@ARTICLE{solowTheory, - title = {\href{https://www.elgaronline.com/view/journals/roke/6-4/roke.2018.04.02.xml}{A theory is a sometime thing}}, - author = {Solow, Robert}, - year = 2018, - journal = {Review of Keynesian Economics}, - volume = 6, - number = 4, - pages = {421-424}, - url = {https://EconPapers.repec.org/RePEc:elg:rokejn:v:6:y:2018:i:4:p421-424} -} - -@Preamble{ "\providecommand{\noopsort}[1]{} " -# "\providecommand{\singleletter}[1]{#1} " } - -@article{cctwMoM, - author = {Carroll, Christopher D. and Karsten Chipeniuk and Kiichi Tokuoka and Weifeng Wu}, - title = {The Method of Moderation}, - journal = {Manuscript, Johns Hopkins University}, - year = 2020, - url = {https://www.econ2.jhu.edu/people/ccarroll/cctwMoM} -} - -@Book{bellmanDynamicProgramming, - author = "Bellman, Richard", - title = "Dynamic Programming", - publisher = "Princeton University Press", - year = 1957, - address = "Princeton, NJ, USA", - edition = 1, - bib2html_rescat ="General RL", -} - -@ARTICLE{chkLiqConstr, - author = {Carroll, Christopher D. and Martin Holm and Miles S. Kimball}, - title = {Liquidity Constraints and Precautionary Saving}, - journal = {\href{https://www.econ2.jhu.edu/people/ccarroll/papers/LiqConstr}{Manuscript, Johns Hopkins University}}, - year = 2019, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/LiqConstr}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/LiqConstr} -} - -@article{guerrieri2017credit, - title = {Credit crises, precautionary savings, and the liquidity trap}, - author = {Guerrieri, Veronica and Lorenzoni, Guido}, - journal = {The Quarterly Journal of Economics}, - volume = 132, - number = 3, - pages = {1427--1467}, - year = 2017, - publisher = {Oxford University Press} -} - -@article{glLiq, - author = {Guerrieri, Veronica and Lorenzoni, Guido}, - journal = {The Quarterly Journal of Economics}, - number = 3, - pages = {1427--1467}, - publisher = {Oxford University Press}, - title = {Credit crises, precautionary savings, and the liquidity trap}, - volume = 132, - year = 2017, -} - -@article{blPrecautionary, - title = {Precautionary savings, illiquid assets, and the aggregate consequences of shocks to household income risk}, - author = {Bayer, Christian and L{\"u}tticke, Ralph and Pham-Dao, Lien and Tjaden, Volker}, - journal = {Econometrica}, - volume = 87, - number = 1, - pages = {255--290}, - year = 2019, - publisher = {Wiley Online Library} -} - -@article{khanMacroPru, - author = {Shujaat Khan}, - title = {Macroprudential Policies in a Heterogeneous Agent Model of Housing Default}, - journal = {Department of Economics, Johns Hopkins University}, - year = 2019, - url = {https://pdfs.semanticscholar.org/8e9d/dfe7c204bbfa8a23f42f4931461fb467fc08.pdf?_ga=2.95712860.1156899890.1563925023-1991616136.1563925023} -} - -@article{SSinHANK, - title = {Monetary Policy Transmission with Many Agents}, - author = {Crawley, Edmund and Seungcheol Lee}, - journal = {Manuscript, Johns Hopkins University}, - year = 2019, - month = {March}, -} - -@article{blSolving, - title = {Solving Heterogeneous Agent Models In Discrete Time With Many Idiosyncratic States By Perturbation Methods}, - author = {Christian Bayer and Ralph Luetticke}, - journal = {Centre for Economic Policy Research}, - volume = {Discussion Paper 13071}, - year = 2018 -} - -@article{carrollHeteroAndMacro, - title = {Heterogeneity and Macro Modeling In Policymaking Institutions}, - year = 2019, - journal = {Presentation to the Heads of Research of the European Central Banks}, - url = {https://mybinder.org/v2/gh/econ-ark/PARK/master?filepath=Hetero-And-Macro/Hetero-And-Macro.ipynb} -} - -@article{auclertMonetary, - title = {Monetary policy and the redistribution channel}, - author = {Auclert, Adrien}, - journal = {American Economic Review}, - volume = 109, - number = 6, - pages = {2333--67}, - year = 2019 -} - -@article{ccarrollHeteroAndMacro, - author = {Carroll, Christopher}, - title = {Heterogeneity and Macro Modeling In Policymaking Institutions}, - journal = {Presentation to the Heads of Research of the European Central Banks}, - year = 2019 -} - -@article{klRiskPremia, - author = {Rohan Kekre and Moritz Lenel}, - title = {Redistribution, risk premia, and the macroeconomy}, - journal = {Slides Presented at NBER `Micro to Macro' Working Group}, - year = 2019 -} - -@article{wolfGEInvariance, - author = {Wolf, Christian}, - title = {The Missing Intercept: A Sufficient Statistics Approach to General Equilibrium Effects}, - journal = {Slides Presented at NBER `Micro to Macro' Working Group}, - year = 2019 -} - -@article{CrawleyMonPolicywithHeterogeneity, - author = {Crawley, Edmund}, - title = {Intro to Monetary Policy with Heterogeneity}, - journal = {Slides Presented at JHU ``Computational Methods in Economics''}, - year = 2019 -} - -@book{beckenbach1983inequalities, - volume = 30, - publisher = {Springer}, - year = 1983, - edition = {reprint}, - title = {Inequalities}, - author = {Beckenbach, Edwin F and Bellman, Richard} -} - -@article{druedahl2018precautionary, - title = {Precautionary borrowing and the credit card debt puzzle}, - author = {Druedahl, Jeppe and J{\o}rgensen, Casper Nordal}, - journal = {Quantitative Economics}, - volume = 9, - number = 2, - pages = {785--823}, - year = 2018, - publisher = {Wiley Online Library} -} - -@article{park2006analytical, - title = {An analytical solution to the inverse consumption function with liquidity constraints}, - author = {Park, Myung-Ho}, - journal = {Economics Letters}, - volume = 92, - number = 3, - pages = {389--394}, - year = 2006, - publisher = {Elsevier} -} - -@article{nishiyama2012concavity, - title = {On the Con{\-}ca{\-}vity of the Consumption Function with a Quadratic Utility under Liquidity Constraints}, - author = {Nishiyama, Shin-Ichi and Kato, Ryo}, - journal = {Theoretical Economics Letters}, - volume = 2, - number = 05, - pages = 566, - year = 2012, - publisher = {Scientific Research Publishing} -} - -@article{holm2018consumption, - title = {Consumption with liquidity constraints: An analytical characterization}, - author = {Holm, Martin Blomhoff}, - journal = {Economics Letters}, - volume = 167, - pages = {40--42}, - year = 2018, - publisher = {Elsevier} -} - -@article{lee2007degree, - title = {The degree of precautionary saving: A reexamination}, - author = {Lee, Jeong-Joon and Sawada, Yasuyuki}, - journal = {Economics Letters}, - volume = 96, - number = 2, - pages = {196--201}, - year = 2007, - publisher = {Elsevier} -} - -@article{lee2010precautionary, - title = {Precautionary saving under liquidity constraints: Evidence from rural Pakistan}, - author = {Lee, Jeong-Joon and Sawada, Yasuyuki}, - journal = {Journal of Development Economics}, - volume = 91, - number = 1, - pages = {77--86}, - year = 2010, - publisher = {Elsevier} -} - -@article{fulford2015important, - title = {How important is variability in consumer credit limits?}, - author = {Fulford, Scott L}, - journal = {Journal of Monetary Economics}, - volume = 72, - pages = {42--63}, - year = 2015, - publisher = {Elsevier} -} - -@article{kmvHANK, - author = {Kaplan, Greg and Moll, Benjamin and Violante, Giovanni L.}, - journal = {American Economic Review}, - month = {March}, - number = 3, - pages = {697--743}, - title = {Monetary Policy According to HANK}, - volume = 108, - year = 2018, - abstract = {We revisit the transmission mechanism of monetary policy for household consumption in a Heterogeneous Agent New Keynesian (HANK) model. The model yields empirically realistic distributions of household wealth and marginal propensities to consume because of two key features: multiple assets with different degrees of liquidity and an idiosyncratic income process with leptokurtic income changes. In this environment, the indirect effects of an unexpected cut in interest rates, which operate through a general equilibrium increase in labor demand, far outweigh direct effects such as intertemporal substitution. This finding is in stark contrast to small- and medium-scale Representative Agent New Keynesian (RANK) economies, where intertemporal substitution drives virtually all of the transmission from interest rates to consumption.}, -} - -@techreport{fuhrerIntrinsicPersistence, - author = {Fuhrer, Jeffrey C.}, - institution = {Federal Reserve Bank of Boston}, - month = may, - number = {18-9}, - type = {working paper}, - title = {Intrinsic Expectations Persistence: Evidence from Professional and Household Survey Expectations}, - year = 2018, -} - -@techreport{kuengTaxnews, - author = {Lorenz Kueng}, - type = {working paper}, - title = {Tax News: Identifying the Household Consumption Response to Tax Expectations Using Municipal Bond Prices}, - institution = {Northwestern University}, - year = 2012, - url = {http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.646.4710}, -} - -@article{kvwWealthyH2m, - author = {Kaplan, Greg and Violante, Gianluca and Weidner, Justin}, - journal = {Brookings Papers on Economic Activity}, - pages = {77--138}, - title = {The Wealthy Hand-to-Mouth}, - volume = {Spring}, - year = 2014, - abstract = {The wealthy hand-to-mouth are households who hold little or no liquid wealth (e.g. cash, checking, and saving accounts), despite owning sizable amounts of illiquid assets (i.e., assets that carry a transaction cost, such as housing, large durables, or retirement accounts). This portfolio configuration implies that these households have large marginal propensities to consume out of small income changes –a key determinant of the macroeconomic effects of fiscal policy. The wealthy hand-to-mouth, therefore, behave in many respects like households with little or no net worth, yet they escape standard definitions (and empirical measurements) of hand-to-mouth agents based on net worth. We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and Spain to document the share of such households across countries, their demographic characteristics, the composition of their balance sheet, and the persistence of hand-to-mouth status over the life cycle. Finally, we discuss the implications of this group of consumers for macroeconomic modelling and policy analysis.}, -} - -@techreport{arsInvestmentInattention, - author = {Adrien Auclert and Matthew Rognlie and Ludwig Straub}, - institution = {Stanford University}, - type = {mimeo}, - title = {Investment, Heterogeneity, and Inattention}, - year = 2019, -} - -@article{ktvHousingWealthEffect, - title = {The Housing Wealth Effect: Quasi-Experimental Evidence}, - author = {Kessel, Dany and Tyrefors, Bj{\"o}rn and Vestman, Roine}, - journal = {Available at SSRN}, - year = 2019 -} - -@article{pjInfo, - title = {Information sharing in credit markets}, - author = {Pagano, Marco and Jappelli, Tullio}, - journal = {The Journal of Finance}, - volume = 48, - number = 5, - pages = {1693--1718}, - year = 1993, - publisher = {Wiley Online Library} -} - -@article{sims_beyondLQ, - author = {Christopher A. Sims}, - journal = {American Economic Review}, - month = {May}, - number = 2, - pages = {158--163}, - title = {Rational Inattention: Beyond the Linear--Quadratic Case}, - volume = 96, - year = 2006, -} - -@article{tutino_RIconsumption, - author = {Antonella Tutino}, - journal = {Review of Economic Dynamics}, - month = {July}, - number = 3, - pages = {421--439}, - title = {Rationally Inattentive Consumption Choices}, - volume = 16, - year = 2013, -} - -@article{opLiquidH2M, - author = {Olafsson, Arna and Pagel, Michaela}, - journal = {The Review of Financial Studies}, - number = 11, - pages = {4398--4446}, - title = {The Liquid Hand-to-Mouth: Evidence from Personal Finance Management Software}, - volume = 31, - year = 2018, -} - -@techreport{laibson2022simple, - title={A Simple Mapping from MPCs to MPXs}, - author={Laibson, David and Maxted, Peter and Moll, Benjamin}, - year={2022}, - institution={National Bureau of Economic Research} -} - -@article{olafsson2018liquid, - title={The liquid hand-to-mouth: Evidence from personal finance management software}, - author={Olafsson, Arna and Pagel, Michaela}, - journal={The Review of Financial Studies}, - volume={31}, - number={11}, - pages={4398--4446}, - year={2018}, - publisher={Oxford University Press} -} - -@article{dornbuschOvershooting, - author = {Dornbusch, Rudiger}, - title = {Expectations and Exchange Rate Dynamics}, - journal = {Journal of Political Economy}, - volume = 84, - number = 6, - pages = {1161-1176}, - year = 1976, - doi = {10.1086/260506}, - URL = { https://doi.org/10.1086/260506}, - eprint = {https://doi.org/10.1086/260506}, - abstract = { The paper develops a theory of exchange rate movements under perfect capital mobility, a slow adjustment of goods markets relative to asset markets, and consistent expectations. The perfect foresight path is derived and it is shown that along that along that path a monetary expansion causes the exchange rate to depreciate. An initial overshooting of exchange rates is shown to derive from differential adjustment speed of markets. The magnitude and persistence of the overshooting is developed in terms of the structural parameters of the model. To the extent that output responds to a monetary expansion in the short run, this acts a a dampening effect on exchange depreciation and may, in fact, lead to an increase in interest rates. } -} - -@article{bmpMITshocks, - author = {Boppart, Timo and Krusell, Per and Mitman, Kurt}, - journal = {Journal of Economic Dynamics and Control}, - number = {C}, - pages = {68--92}, - title = {Exploiting MIT Shocks in Heterogeneous-Agent Economies: The Impulse Response as a Numerical Derivative}, - volume = 89, - year = 2018, -} - -@article{cochrane_nearRational, - author = {Cochrane, John H}, - journal = {American Economic Review}, - month = {June}, - number = 3, - pages = {319--337}, - title = {The Sensitivity of Tests of the Intertemporal Allocation of Consumption to Near-Rational Alternatives}, - volume = 79, - year = 1989, -} - -@article{reis:inattentive, - author = {Reis, Ricardo}, - journal = {Journal of Monetary Economics}, - number = 8, - pages = {1761--1800}, - publisher = {Elsevier}, - title = {Inattentive Consumers}, - volume = 53, - year = 2006, -} - -@article{mw09:RI, - author = {Mackowiak, Bartosz and Mirko Wiederholt}, - journal = {American Economic Review}, - month = {June}, - number = 3, - pages = {769-803}, - title = {{Optimal Sticky Prices under Rational Inattention}}, - volume = 99, - year = 2009, - abstract = {This paper presents a model in which price setting firms decide what to pay attention to, subject to a constraint on information flow. When idiosyncratic conditions are more variable or more important than aggregate conditions, firms pay more attention to idiosyncratic conditions than to aggregate conditions. When we calibrate the model to match the large average absolute size of price changes observed in micro data, prices react fast and by large amounts to idiosyncratic shocks, but only slowly and by small amounts to nominal shocks. Nominal shocks have strong and persistent real effects. (JEL D21, D83, E31, E52)}, - url = {https://ideas.repec.org/a/aea/aecrev/v99y2009i3p769- 803.html}, -} - -@article{LuoRinGE, - author = {Yulei Luo and Jun Nie and Gaowang Wang and Eric R. Young}, - journal = {Journal of Economic Theory}, - volume = 172, - pages = {55--87}, - title = {Rational Inattention and the Dynamics of Consumption and Wealth in General Equilibrium}, - year = 2017, -} - -@article{luo:inatC, - author = {Yulei Luo}, - journal = {Review of Economic Dynamics}, - number = 2, - pages = {366--385}, - title = {Consumption Dynamics under Information Processing Constraints}, - volume = 11, - year = 2008, -} - -@article{ludvigson&michaelides:excesses, - author = {Ludvigson, Sydney and Alexander Michaelides}, - journal = {American Economic Review}, - month = {June}, - number = 3, - pages = {631--647}, - title = {Does Buffer Stock Saving Explain the Smoothness and Excess Sensitivity of Consumption?}, - volume = 91, - year = 2001, -} - -@article{bppInequality, - author = {Blundell, Richard and Pistaferri, Luigi and Preston, Ian}, - journal = {American Economic Review}, - month = {December}, - number = 5, - pages = {1887--1921}, - title = {Consumption Inequality and Partial Insurance}, - volume = 98, - year = 2008, -} - -@techreport{aydinCresponse, - author = {Deniz Ayd{\i}n}, - institution = {Washington University, St.\ Louis}, - type = {mimeo}, - title = {Consumption Response to Credit Expansions: Evidence from Experimental Assignment of 45,307 Credit Lines}, - year = 2018, -} - -@article{carroll&kimball:concavity, - author = {Carroll, Chris{\-}to{\-}pher D. and Kim{\-}ball, Miles S.}, - journal = {Econometrica}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}}, - number = 4, - pages = {981--992}, - title = {On the {C}on{\-}cav{\-}ity of the {C}on{\-}sumption {F}unction}, - volume = 64, - year = 1996, - url = {https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}, -} - -@article{pistaferriSuperior, - author = {Luigi Pistaferri}, - journal = {The Review of Economics and Statistics}, - month = {August}, - number = 3, - pages = {465-476}, - title = {Superior Information, Income Shocks, And The Permanent Income Hypothesis}, - volume = 83, - year = 2001, -} - -@article{gsInferring, - author = {Guvenen, Fatih and Smith, Anthony A.}, - journal = {Econometrica}, - number = 6, - pages = {2085-2129}, - title = {Inferring Labor Income Risk and Partial Insurance From Economic Choices}, - volume = 82, - year = 2014, - abstract = {This paper uses the information contained in the joint dynamics of individuals' labor earnings and consumption-choice decisions to quantify both the amount of income risk that individuals face and the extent to which they have access to informal insurance against this risk. We accomplish this task by using indirect inference to estimate a structural consumption–savings model, in which individuals both learn about the nature of their income process and partly insure shocks via informal mechanisms. In this framework, we estimate (i) the degree of partial insurance, (ii) the extent of systematic differences in income growth rates, (iii) the precision with which individuals know their own income growth rates when they begin their working lives, (iv) the persistence of typical labor income shocks, (v) the tightness of borrowing constraints, and (vi) the amount of measurement error in the data. In implementing indirect inference, we find that an auxiliary model that approximates the true structural equations of the model (which are not estimable) works very well, with negligible small sample bias. The main substantive findings are that income shocks are moderately persistent, systematic differences in income growth rates are large, individuals have substantial amounts of information about their income growth rates, and about one-half of income shocks are smoothed via partial insurance. Putting these findings together, the amount of uninsurable lifetime income risk that individuals perceive is substantially smaller than what is typically assumed in calibrated macroeconomic models with incomplete markets.}, - doi = {10.3982/ECTA9446}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.3982/ECTA9446}, -} - -@article{kennickellPermanent, - author = {Kennickell, Arthur}, - journal = {mimeo, Board of Governors of the Federal Reserve System}, - title = {Saving and Permanent Income: Evidence from the 1992 SCF}, - year = 1995, -} - -@article{wilcox:aer, - author = {Wilcox, David W.}, - journal = {American Economic Review}, - number = 4, - pages = {922--941}, - title = {The Construction of U.S. Consumption Data: Some Facts and Their Implications for Empirical Work}, - volume = 82, - year = 1992, -} - -@article{soulelesTaxRefunds, - author = {Souleles, Nicholas S.}, - journal = {American Economic Review}, - month = {September}, - number = 4, - pages = {947--958}, - title = {The Response of Household Consumption to Income Tax Refunds}, - volume = 89, - year = 1999, -} - -@article{BrowningColladoAER, - author = {Browning, Martin and Collado, M. Dolores}, - journal = {American Economic Review}, - number = 3, - pages = {681--692}, - title = {The Response of Expenditures to Anticipated Income Changes: Panel Data Estimates}, - volume = 91, - year = 2001, -} - -@article{hsiehAlaska, - author = {Hsieh, Chang-Tai}, - journal = {American Economic Review}, - number = 1, - pages = {397--405}, - title = {Do consumers react to anticipated income changes? Evidence from the Alaska permanent fund}, - volume = 93, - year = 2003, -} - -@article{kuengAlaska, - title = {Excess sensitivity of high-income consumers}, - author = {Kueng, Lorenz}, - journal = {The Quarterly Journal of Economics}, - volume = 133, - number = 4, - pages = {1693--1751}, - year = 2018, - publisher = {Oxford University Press} -} - -@article{bbdUncertainty, - author = {Baker, Scott R and Bloom, Nicholas and Davis, Steven J}, - journal = {The Quarterly Journal of Economics}, - number = 4, - pages = {1593--1636}, - publisher = {Oxford University Press}, - title = {Measuring economic policy uncertainty}, - volume = 131, - year = 2016, -} - -@inbook{NBERc13907, - Crossref = "NBEReich-4", - title = "Survey Measurement of Probabilistic Macroeconomic Expectations: Progress and Promise", - author = "Charles F. Manski", - BookTitle = "NBER Macroeconomics Annual 2017, volume 32", - Publisher = "University of Chicago Press", - year = 2017, - month = "April", - URL = "http://www.nber.org/chapters/c13907", -} - -@INBOOK{bmsValidity, - title = {The Validity of Consumption Data: Are the Consumer Expenditure Interview and Diary Surveys Informative?}, - publisher = {University of Chicago Press}, - year = 2013, - author = {Adam Bee and Bruce D. Meyer and James X. Sullivan}, - month = {February}, - booktitle = {Improving the Measurement of Household Expenditures}, - crossref = {NBERcarr11-1}, - url = {http://www.nber.org/chapters/c12662} -} - -@INBOOK{pgmCEvsPCE, - title = {Understanding the Relationship: CE Survey and PCE}, - publisher = {University of Chicago Press}, - year = 2012, - author = {William Passero and Thesia I. Garner and Clinton McCully}, - month = {April}, - booktitle = {Improving the Measurement of Household Expenditures}, - crossref = {NBERcarr11-1}, - url = {http://www.nber.org/chapters/c12659} -} - -@inproceedings{ParkerSoulelesCarroll, - Crossref = "NBERcarr11-1", - author = {Parker, Jonathan A. and Nicholas S. Souleles and Christopher D. Carroll}, - title = {The Benefits of Panel Data in Consumer Expenditure Surveys}, - booktitle = {Improving the Measurement of Consumer Expenditures}, - chapter = 7, - note = {Final version at \href{https://www.econ2.jhu.edu/people/ccarroll/papers/ParkerSoulelesCarroll/}{\texttt{https://www.econ2.jhu.edu/people/ccarroll/papers/ParkerSoulelesCarroll/}}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/ParkerSoulelesCarroll/} -} - -@InBook{deatonPuzzlesAndParadoxes, - title = {{P}uzzles and {P}aradoxes}, - year = 2013, - author = {Angus Deaton}, - crossref = {Eminent}, - file = {deatonPuzzlesAndParadoxes.pdf:deatonPuzzlesAndParadoxes.pdf:PDF}, -} - -@misc{crawley_time_2018, - author = {Crawley, Edmund}, - title = {Time Aggregation in Panel Data on Income and Consumption}, - year = 2018, - howpublished = {Mimeo, Department of Economics, Johns Hopkins University} -} - -@techreport{ckConsumptionWP, - author = {Crawley, Edmund and Kuchler, Andreas}, - institution = {Danmarks Nationalbank}, - month = {November}, - number = 129, - type = {working paper}, - title = {Consumption Heterogeneity: Micro Drivers and Macro Implications}, - year = 2018, -} - -@misc{clMonetary, - author = {Crawley, Edmund and Lee, Seungcheol}, - title = {Monetary Policy Transmission with Many Agents}, - year = 2019, - howpublished = {Mimeo, Department of Economics, Johns Hopkins University} -} - -@article{summersSecStagReuters, - author = {Summers, Lawrence}, - journal = {Reuters Analysis \& Opinion}, - title = {On secular stagnation}, - volume = 16, - year = 2013, -} - -@article{summersSecStagAER, - author = {Summers, Lawrence H}, - journal = {American Economic Review}, - number = 5, - pages = {60--65}, - title = {Demand side secular stagnation}, - volume = 105, - year = 2015, -} - -@article{krugmanSecStagNYT, - author = {Krugman, Paul}, - journal = {New York Times}, - pages = 2013, - title = {Secular stagnation, coalmines, bubbles, and Larry Summers}, - volume = 16, - year = 2013, -} - -@article{krugmanSecStagCEPR, - author = {Krugman, Paul}, - journal = {Secular stagnation: Facts, causes and cures}, - pages = {61--68}, - publisher = {CEPR Press London}, - title = {Four observations on secular stagnation}, - year = 2014, -} - -@article{gordonSecStag, - author = {Gordon, Robert J}, - journal = {American Economic Review}, - number = 5, - pages = {54--59}, - title = {Secular stagnation: A supply-side view}, - volume = 105, - year = 2015, -} - -@article{hhhwSecStagNo, - author = {Hamilton, James D and Harris, Ethan S and Hatzius, Jan and West, Kenneth D}, - journal = {IMF Economic Review}, - number = 4, - pages = {660--707}, - publisher = {Springer}, - title = {The equilibrium real funds rate: Past, present, and future}, - volume = 64, - year = 2016, -} - -@article{BergerEtAl:HPandC, - author = {David Berger and Veronica Guerrieri and Guido Lorenzoni and Joseph Vavra}, - journal = {Review of Economic Studies}, - number = 3, - pages = {1502--1542}, - title = {House Prices and Consumer Spending}, - volume = 85, - year = 2018, -} - -@inproceedings{mue07, - author = {Muellbauer, John N.}, - booktitle = {Housing, Housing Finance and Monetary Policy}, - pages = {267--334}, - publisher = {Jackson Hole Symposium, Federal Reserve Bank of Kansas City}, - title = {Housing, Credit and Consumer Expenditure}, - year = 2007, -} - -@TECHREPORT{hall:slump, - author = {Hall, Robert E.}, - title = {The Long Slump}, - institution = {{ASSA M}eetings, Denver}, - year = 2011, - type = {{AEA} {P}residential {A}ddress}, - owner = {Jiri}, - timestamp = {2011.01.13} -} - -@article{gkLiq, - author = {Gauti B. Eggertsson and Paul Krugman}, - journal = {The Quarterly Journal of Economics}, - number = 3, - pages = {1469--1513}, - title = {Debt, Deleveraging, and the Liquidity Trap: A Fisher--Minsky--Koo Approach}, - volume = 127, - year = 2012, -} - -@article{justPrimTamb:CredSupplyAndHouseBoom, - author = {Alejandro Justiniano and Giorgio Primiceri and Andrea Tambalotti}, - journal = {Journal of Political Economy}, - title = {Credit Supply and the Housing Boom}, - year = {forthcoming}, -} - -@techreport{huoRRfinFrictionsGR, - author = {Huo, Zhen and R\'{\i}os-Rull, Jos\'e-V\'{\i}ctor}, - institution = {Federal Reserve Bank of Minneapolis}, - month = feb, - number = 526, - type = {Staff Report}, - title = {Financial Frictions, Asset Prices, and the Great Recession}, - year = 2016, -} - -@techreport{garrigaHedlund, - author = {Carlos Garriga and Aaron Hedlund}, - institution = {University of Missouri}, - type = {mimeo}, - title = {Housing Finance, Boom--Bust Episodes, and Macroeconomic Fragility}, - year = 2018, -} - -@techreport{kmv:houseBoomBust, - author = {Greg Kaplan and Kurt Mitman and Giovanni L. Violante}, - institution = {National Bureau of Economic Research}, - month = aug, - number = 23694, - type = {working paper}, - title = {The Housing Boom and Bust: Model Meets Evidence}, - year = 2017, - url = {https://ideas.repec.org/p/nbr/nberwo/23694.html}, -} - -@techreport{goreaMidriganLiqConstraints, - author = {Denis Gorea and Virgiliu Midrigan}, - institution = {New York University}, - type = {mimeo}, - title = {Liquidity Constraints in the U.S. Housing Market}, - year = 2018, -} - -@article{wooleyDeregulation, - author = {Woolley, John T.}, - journal = {Presidential Studies Quarterly}, - number = 1, - pages = {60-80}, - title = {Persistent Leadership: Presidents and the Evolution of U.S. Financial Reform, 1970-2007}, - volume = 42, - year = 2012, - abstract = {Between 1970 and 2007, presidents of both parties consistently and actively supported financial deregulation. Given the low visibility and relatively technical nature of the issues, presidents saw deregulation as the best way to respond to technical innovation in the industry and disruptions caused by inflation. This history suggests several lessons for students of the role of presidents in policy making. Presidents can be active in promoting policy reform even though standard methods for defining the presidential agenda do not reveal this fact. We see presidential engagement reflected in White House statements both before and after legislation is passed, and in White House use of study reports and messages to shape an elite consensus.}, - doi = {10.1111/j.1741-5705.2012.03941.x}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1741- 5705.2012.03941.x}, -} - -@article{landvoigt:rfs, - author = {Landvoigt, Tim}, - journal = {The Review of Financial Studies}, - month = 04, - number = 6, - pages = {1865--1902}, - title = {{Housing Demand During the Boom: The Role of Expectations and Credit Constraints}}, - volume = 30, - year = 2017, -} - -@techreport{krusell:usWealthDistr, - author = {Joachim Hubmer and Per Krusell and Anthony A. {Smith, Jr.}}, - institution = {Yale University}, - type = {mimeo}, - title = {A Comprehensive Quantitative Theory of the U.S. Wealth Distribution}, - year = 2018, -} - -@article{dgTANK, - author = {Debortoli, Davide and Gal{\'\i}, Jordi}, - journal = {Manuscript}, - month = {September}, - title = {Monetary policy with heterogeneous agents: Insights from TANK models}, - year = 2017, -} - -@article{bfjstUncertain, - author = {Nicholas Bloom and Max Floetotto and Nir Jaimovich and Itay {Saporta-Eksten} and Stephen J. Terry}, - journal = {Econometrica}, - month = {May}, - number = 3, - pages = {1031--1065}, - title = {Really Uncertain Business Cycles}, - volume = 86, - year = 2018, -} - -@techreport{BoE_forecasting, - author = {Burgess, Stephen and Fernandez-Corugedo, Emilio and Groth, Charlotta and Harrison, Richard and Monti, Francesca and Theodoridis, Konstantinos and Waldron, Matt}, - institution = {Bank of England}, - month = may, - number = 471, - type = {working paper}, - title = {The Bank of England's Forecasting Platform: COMPASS, MAPS, EASE and the Suite of Models}, - year = 2013, -} - -@article{Trichet_JacksonHoleSpeech, - author = {Jean-Claude Trichet}, - journal = {Proceedings, Economic Policy Symposium, Jackson Hole}, - pages = {243--266}, - title = {Luncheon Address: Central Banking in Uncertain Times: Conviction and Responsibility}, - year = 2010, -} - -@article{bexUncertaintyAssetPrices, - author = {Bekaert, Geert and Engstrom, Eric and Xing, Yuhang}, - journal = {Journal of Financial Economics}, - number = 1, - pages = {59--82}, - publisher = {Elsevier}, - title = {Risk, uncertainty, and asset prices}, - volume = 91, - year = 2009, -} - -@article{drechslerUncertainty, - author = {Drechsler, Itamar}, - journal = {The Journal of Finance}, - number = 5, - pages = {1843--1889}, - publisher = {Wiley Online Library}, - title = {Uncertainty, time-varying fear, and asset prices}, - volume = 68, - year = 2013, -} - -@article{gmAssetPricing, - author = {Gomes, Francisco and Michaelides, Alexander}, - journal = {The Review of Financial Studies}, - number = 1, - pages = {415--448}, - publisher = {Society for Financial Studies}, - title = {Asset pricing with limited risk sharing and heterogeneous agents}, - volume = 21, - year = 2007, -} - -@techreport{glover:intergenRedistr, - author = {Andrew Glover and Jonathan Heathcote and Dirk Krueger and R\'{\i}os-Rull, Jos\'e-V\'{\i}ctor}, - institution = {National Bureau of Economic Research}, - month = {October}, - note = {\url{https://www.sas.upenn.edu/~dkrueger/research/RecessionNew.pdf}}, - number = 16924, - type = {updated version of working paper}, - title = {Intergenerational Redistribution in the Great Recession}, - year = 2017, -} - -@article{favilukis:housing, - author = {Jack Favilukis and Sydney C. Ludvigson and Stijn {Van Nieuwerburgh}}, - journal = {Journal of Political Economy}, - number = 1, - pages = {140--223}, - title = {The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk Sharing in General Equilibrium}, - volume = 125, - year = 2017, -} - -@techreport{ducaEtAl10_creditArch, - author = {John V. Duca and John Muellbauer and Anthony Murphy}, - institution = {University of Oxford}, - type = {mimeo}, - title = {Credit Market Architecture and the Boom and Bust in the U.S. Consumption}, - year = 2010, -} - -@ARTICLE{nsSavingRevisions, - author = {Nakamura, Leonard I. and Stark, Thomas}, - title = {Mismeasured Personal Saving and the Permanent Income Hypothesis}, - journal = {Working Papers}, - year = 2007, - note = {\url{http://philadelphiafed.org/research-and-data/publications/working-papers/2007/wp07-8.pdf}}, - file = {nsSavingRevisions.pdf:nsSavingRevisions.pdf:PDF}, - publisher = {Federal Reserve Bank of Philadelphia}, - doi = {dx.doi.org/10.2139/ssrn.707089}, - url = {http://philadelphiafed.org/research-and-data/publications/working-papers/2007/wp07-8.pdf} -} - -@article{bhutta_mortgageDebt, - author = {Bhutta, Neil}, - journal = {Journal of Monetary Economics}, - number = {C}, - pages = {284--298}, - title = {The Ins and Outs of Mortgage Debt During the Housing Boom and Bust}, - volume = 76, - year = 2015, -} - -@techreport{malmendierSheng, - author = {Ulrike Malmendier and Leslie Sheng Shen}, - institution = {National Bureau of Economic Research}, - month = jun, - number = 24696, - type = {working paper}, - title = {Scarred Consumption}, - year = 2018, -} - -@article{jstLeveragedBubbles, - author = {Jord\`{a}, \`{O}scar and Schularick, Moritz and Taylor, Alan M.}, - journal = {Journal of Monetary Economics}, - number = {S}, - pages = {1--20}, - title = {Leveraged Bubbles}, - volume = 76, - year = 2015, -} - -@article{rrAftermath, - author = {Reinhart, Carmen M. and Rogoff, Kenneth S.}, - journal = {American Economic Review}, - month = {May}, - number = 2, - pages = {466--72}, - title = {The Aftermath of Financial Crises}, - volume = 99, - year = 2009, - abstract = {This study investigates the impact of the current financial crisis on Canada's potential GDP growth. Using a simple accounting framework to decompose trend GDP growth into changes in capital, labor services and total factor productivity, we find a sizeable drop in Canadian potential growth in the short term. The estimated decline of about 1 percentage point originates from a sharply decelerating capital stock accumulation (as investment has dropped steeply) and a rising long-term unemployment rate (which would raise equilibrium unemployment rates). However, over the medium term, we expect Canada's potential GDP growth to gradually rise to around 2 percent, below the pre-crisis growth rate, mostly reflecting the effects of population aging and a secular decline in average working hours.}, - url = {http://ideas.repec.org/a/aea/aecrev/v99y2009i2p466-72.html}, -} - -@article{hurstStafford, - author = {Hurst, Erik and Stafford, Frank}, - journal = {Journal of Money, Credit and Banking}, - month = {December}, - number = 6, - pages = {985--1014}, - title = {{Home Is Where the Equity Is: Mortgage Refinancing and Household Consumption}}, - volume = 36, - year = 2004, -} - -@article{cooper_housingCollateral, - author = {Daniel Cooper}, - journal = {The Review of Economics and Statistics}, - month = {October}, - number = 4, - pages = {1183--1197}, - title = {House Price Fluctuations: The Role of Housing Wealth as Borrowing Collateral}, - volume = 95, - year = 2013, -} - -@article{asWealthEffect, - author = {Aruoba, S Boragan and Elul, Ronel and Kalemli-Ozcan, Sebnem}, - journal = {FRB of Philadelphia Working Paper}, - title = {How Big is the Wealth Effect? Decomposing the Response of Consumption to House Prices}, - year = 2019, -} - -@article{hallRandomWalk, - author = {Hall, Robert E.}, - journal = {Journal of Political Economy}, - note = {Available at {\url{http://www.stanford.edu/~rehall/Stochastic-JPE-Dec-1978.pdf}}}, - pages = {971--87}, - title = {Stochastic Implications of the Life-Cycle/Permanent Income Hypothesis: Theory and Evidence}, - volume = 96, - year = 1978, - url = {http://www.stanford.edu/~rehall/Stochastic-JPE-Dec- 1978.pdf}, -} - -@article{kv_microMacro, - author = {Greg Kaplan and Giovanni L. Violante}, - journal = {Journal of Economic Perspectives}, - month = {Summer}, - number = 3, - pages = {167--194}, - title = {Microeconomic Heterogeneity and Macroeconomic Shocks}, - volume = 32, - year = 2018, -} - -@article{auerbachKotlikoffDemographicsAndSaving, - author = {Auerbach, Alan J. and Cai, Jinyong and Kotlikoff, Laurence J.}, - journal = {Carnegie--Rochester Conference Series on Public Policy}, - month = {January}, - number = 1, - pages = {135--156}, - title = {{U.S. Demographics and Saving: Predictions of Three Saving Models}}, - volume = 34, - year = 1991, -} - -@article{curtisEtAl, - author = {Chadwick C. Curtis and Steven Lugauer and Nelson C. Mark}, - journal = {American Economic Journal: Macroeconomics}, - month = {April}, - number = 2, - pages = {58--94}, - title = {Demographic Patterns and Household Saving in China}, - volume = 7, - year = 2015, -} - -@article{imrohroglu_China, - author = {Imrohoroglu, Ayse and Zhao, Kai}, - journal = {Journal of Monetary Economics}, - number = {C}, - pages = {33--52}, - title = {The Chinese Saving Rate: Long-Term Care Risks, Family Insurance, and Demographics}, - volume = 96, - year = 2018, -} - -@article{bloomEtAl_JME07, - author = {Bloom, David E. and Canning, David and Mansfield, Richard K. and Moore, Michael}, - journal = {Journal of Monetary Economics}, - pages = {92--114}, - title = {Demographic Change, Social Security Systems and Savings}, - volume = 54, - year = 2007, -} - -@techreport{bosworthChodorowReich07, - author = {Barry Bosworth and Gabriel Chodorow--Reich}, - institution = {Center for Retirement Research, Boston College}, - number = 2, - type = {working paper}, - title = {Saving and Demographic Change: The Global Dimension}, - year = 2007, -} - -@incollection{elmendorfMankiw, - author = {Elmendorf, Douglas and Mankiw, N. Gregory}, - booktitle = {Handbook of Macroeconomics}, - chapter = 25, - edition = 1, - editor = {Taylor, J. B. and Woodford, M.}, - pages = {1615--1669}, - publisher = {Elsevier}, - title = {Government Debt}, - volume = {1, Part C}, - year = 1999, -} - -@ARTICLE{kmitchSaving, - author = {Janet H. Kmitch}, - title = {Alternative Measures of Personal Saving}, - journal = {Survey of Current Business}, - year = 2010, - volume = 90, - pages = {10--13}, - month = {October} -} - -@article{prSaving, - author = {Perozek, Maria G. and Marshall B. Reinsdorf}, - journal = {Survey of Current Business 82}, - month = {April}, - pages = {13--24}, - title = {Alternative Measures of Personal Saving}, - year = 2002, -} - -@article{cam87, - author = {Campbell, John Y.}, - journal = {Econometrica}, - pages = {1249--1273}, - title = {Does Saving Anticipate Declining Labor Income? An Alternative Test of the Permanent Income Hypothesis}, - volume = 55, - year = 1987, -} - -@book{slpMethods, - author = {Stokey, Nancy L. and Lucas, Robert E. and Edward C. Prescott}, - publisher = {Harvard University Press}, - title = {Recursive Methods in Economic Dynamics}, - year = 1989, -} - -@ARTICLE{mnUnique, - author = {Janusz Matkowski and Andrzej S. Nowak}, - title = {On Discounted Dynamic Programming With Unbounded Returns}, - journal = {Economic Theory}, - year = 2011, - volume = 46, - pages = {455--474} -} - -@article{zeldesStochastic, - author = {Zeldes, Stephen P.}, - journal = {Quarterly Journal of Economics}, - month = {May}, - number = 2, - pages = {275--298}, - title = {Optimal Consumption with Stochastic Income: {D}eviations from Certainty Equivalence}, - volume = 104, - year = 1989, -} - -@ARTICLE{szeidlInvariant, - author = {Szeidl, Adam}, - title = {Sta{\-}ble In{\-}vari{\-}ant Distribution in Buffer-Stock Sav{\-}ing and Sto{\-}chastic Growth Models}, - journal = {Manuscript, Central European University}, - year = 2013, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/szeidlInvariant.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/szeidlInvariant.pdf:PDF}, - note = {Available at \url{http://www.personal.ceu.hu/staff/Adam_Szeidl/papers/invariant_revision.pdf}} -} - -@article{mstCapIncFluct, - author = {Ma, Qingyin and Stachurski, John and Toda, Alexis Akira}, - journal = {arXiv preprint arXiv:1812.01320}, - title = {The Income Fluctuation Problem with Capital Income Risk: Optimality and Stability}, - year = 2018, - url = {https://arxiv.org/abs/1812.01320}, -} - -@article{benhabibWealth, - author = {Benhabib, Jess and Bisin, Alberto and Zhu, Shenghao}, - journal = {Journal of Economic Theory}, - note = {Available at \url{https://www.nber.org/papers/w20157.pdf}}, - pages = {489--515}, - publisher = {Elsevier}, - title = {The wealth distribution in Bewley economies with capital income risk}, - volume = 159, - year = 2015, - url = {https://www.sciencedirect.com/science/article/pii/ S0022053115001362}, -} - -@article{rabaultBorrowing, - author = {Rabault, Guillaume}, - journal = {Journal of Economic Dynamics and Control}, - number = 2, - pages = {217--245}, - publisher = {Elsevier}, - title = {When do borrowing constraints bind? Some new results on the income fluctuation problem}, - volume = 26, - year = 2002, -} - -@article{lsIncFluct, - author = {Li, Huiyu and Stachurski, John}, - journal = {Journal of Economic Dynamics and Control}, - pages = {353--365}, - publisher = {Elsevier}, - title = {Solving the income fluctuation problem with unbounded rewards}, - volume = 45, - year = 2014, -} - -@article{scheinkman&weiss:borrowing, - author = {Scheinkman, Jos\'e and Weiss, Laurence}, - journal = {Econometrica}, - number = 1, - pages = {23--46}, - title = {Borrowing Constraints and Aggregate Economic Activity}, - volume = 54, - year = 1986, -} - -@article{asHomogeneous, - author = {Alvarez, Fernando and Stokey, Nancy L}, - journal = {Journal of economic theory}, - number = 1, - pages = {167--189}, - publisher = {Elsevier}, - title = {Dynamic programming with homogeneous functions}, - volume = 82, - year = 1998, -} - -@article{rrExistence, - author = {Rinc{\'o}n-Zapatero, Juan Pablo and Rodr{\'\i}guez-Palmero, Carlos}, - journal = {Econometrica}, - number = 5, - pages = {1519--1555}, - publisher = {Wiley Online Library}, - title = {Existence and uniqueness of solutions to the Bellman equation in the unbounded case}, - volume = 71, - year = 2003, -} - -@article{mvExistence, - author = {Martins-da-Rocha, V Filipe and Vailakis, Yiannis}, - journal = {Econometrica}, - number = 3, - pages = {1127--1141}, - publisher = {Wiley Online Library}, - title = {Existence and uniqueness of a fixed point for local contractions}, - volume = 78, - year = 2010, -} - -@article{yaoNote, - author = {Jiaxiong Yao}, - journal = {Manuscript, Johns Hopkins University}, - title = {The Theoretical Foundations of Buffer Stock Saving: A Note}, - year = 2012, -} - -@article{duranDiscounting, - author = {Dur{\'a}n, Jorge}, - journal = {Economic Theory}, - number = 2, - pages = {395--413}, - publisher = {Springer}, - title = {Discounting long run average growth in stochastic dynamic programs}, - volume = 22, - year = 2003, -} - -@Article{jorgenson:ProductivityGrowthResurgence, - author = {Dale W. Jorgenson and Mun S. Ho and Kevin J. Stiroh}, - title = {A Retrospective Look at the U.S. Productivity Growth Resurgence}, - journal = {Journal of Economic Perspectives}, - year = 2008, - volume = 22, - number = 1, - pages = {3--24}, - month = {Winter}, -} - -@Article{fernald:disappointingRecovery, - author = {John G. Fernald and Robert Hall and James Stock and Mark Watson}, - title = {The Disappointing Recovery of Output after 2009}, - journal = {Brookings Papers on Economic Activity}, - year = 2017, - volume = {Spring}, -} - -@article{edge2007learning, - title = {Learning and shifts in long-run productivity growth}, - author = {Edge, Rochelle M and Laubach, Thomas and Williams, John C}, - journal = {Journal of Monetary Economics}, - volume = 54, - number = 8, - pages = {2421--2438}, - year = 2007, - publisher = {Elsevier} -} - -@ARTICLE{fnHousingHabits, - author = {Flavin, Marjorie and Shinobu Nakagawa}, - title = {A Model of Housing in the Presence of Adjustment Costs: A Structural Interpretation of Habit Persistence}, - journal = {The American Economic Review}, - year = 2008, - volume = 98, - pages = {474--495}, - number = 1, - note = {\\ \url{http://www.jstor.org/stable/29729980}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fnHousingHabits.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fnHousingHabits.pdf:PDF}, - publisher = {JSTOR}, - url = {http://www.jstor.org/stable/29729980} -} - -@techreport{fuhrer:IntrinsicPersistence, - author = {Jeffrey C. Fuhrer}, - institution = {Federal Reserve Bank of Boston}, - type = {Presentation at {NBER Summer Institute}}, - title = {Intrinsic Persistence in Expectations: Evidence from Micro Data}, - year = 2017, -} - -@article{fuhrer:JME17, - author = {Jeffrey C. Fuhrer}, - journal = {Journal of Monetary Economics}, - month = {April}, - pages = {22--55}, - title = {Expectations as a Source of Macroeconomic Persistence: Evidence from Survey Expectations in a Dynamic Macro Model}, - volume = 86, - year = 2017, -} - -@techreport{Kueng:Near-rationality, - title = {Explaining Consumption Excess Sensitivity with Near-Rationality: Evidence from Large Predetermined Payments}, - author = {Lorenz Kueng}, - institution = {National Bureau of Economic Research}, - type = {working paper}, - series = {working paper series}, - number = 21772, - year = 2015, - month = {December}, - doi = {10.3386/w21772}, -} - -@misc{kmpIncomeExpectations, - author = {Karahan, Fatih and Sean Mihaljevich and Laura Pilossoph}, - howpublished = {\href{http://libertystreeteconomics.newyorkfed.org/2017/11/understanding-permanent-and-temporary-income-shocks.html}{URL link retrieved on 03/02/2018 \texttt{here}.}}, - journal = {Liberty Street Economics}, - number = {November 08}, - type = {Blog}, - title = {Understanding Permanent and Temporary Income Shocks}, - year = 2017, -} - -@article{kalmanFilter, - Author = {Kalman, Rudolph Emil}, - Title = {A New Approach to Linear Filtering and Prediction Problems}, - Journal = {Transactions of the ASME--Journal of Basic Engineering}, - Volume = 82, - Number = {Series D}, - Pages = {35--45}, - Year = 1960 -} - -@Article{alvarezGuisoLippi:DurCons, - author = {Fernando Alvarez and Luigi Guiso and Francesco Lippi}, - title = {Durable Consumption and Asset Management with Transaction and Observation Costs}, - journal = {American Economic Review}, - year = 2012, - volume = 102, - number = 5, - pages = {2272--2300}, - month = {August}, - url = {https://ideas.repec.org/a/aea/aecrev/v102y2012i5p2272-2300.html} -} - -@Article{gabaixSparsityQJE, - author = {Xavier Gabaix}, - title = {A Sparsity-Based Model of Bounded Rationality}, - journal = {The Quarterly Journal of Economics}, - year = 2014, - volume = 129, - number = 4, - pages = {1661--1710}, - url = {https://ideas.repec.org/a/oup/qjecon/v129y2014i4p1661-1710.html} -} - -@TechReport{hebertWoodford, - author = {Benjamin H\'{e}bert and Michael Woodford}, - title = {Rational Inattention and Sequential Information Sampling}, - year = 2017, - month = Sep, - institution = {National Bureau of Economic Research}, - type = {NBER Working Papers}, - url = {https://ideas.repec.org/p/nbr/nberwo/23787.html}, - number = 23787, -} - -@Article{chettySzeidl:cCommitmentsEcta, - author = {Raj Chetty and Adam Szeidl}, - title = {Consumption Commitments and Habit Formation}, - journal = {Econometrica}, - year = 2016, - volume = 84, - pages = {855--890}, - month = 03, - url = {https://ideas.repec.org/a/wly/emetrp/v84y2016ip855-890.html} -} - -@ARTICLE{css10_stickyCgrowth_restat, - author = {Christopher D. Carroll and Jiri Sla{\-}calek and Martin Sommer}, - title = {International Evidence on Sticky Consumption Growth}, - journal = {The Review of Economics and Statistics}, - year = 2011, - volume = 93, - number = 4, - pages = {1135--1145}, - owner = {Jirka}, - timestamp = {2010.06.10} -} - -@ARTICLE{som07, - author = {Martin Sommer}, - title = {Habit Formation and Aggregate Consumption Dynamics}, - journal = {Advances in Macroeconomics}, - year = 2007, - volume = 7, - pages = {Article 21}, - number = 1 -} - -@article{mackWiedREStud15, - author = {Mackowiak, Bartosz and Wiederholt, Mirko}, - title = {Business Cycle Dynamics under Rational Inattention}, - journal = {The Review of Economic Studies}, - volume = 82, - number = 4, - pages = {1502--1532}, - year = 2015, - doi = {10.1093/restud/rdv027}, - URL = { + http://dx.doi.org/10.1093/restud/rdv027}, - eprint = {/oup/backfile/content_public/journal/restud/82/4/10.1093_restud_rdv027/2/rdv027.pdf} -} - -@Article{coibGor:AER15, - author = {Olivier Coibion and Yuriy Gorodnichenko}, - title = {{Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts}}, - journal = {American Economic Review}, - year = 2015, - volume = 105, - number = 8, - pages = {2644--2678}, - month = {August}, -} - -@article{msInertiaAER, - ISSN = 00028282, - URL = {http://www.jstor.org/stable/30034632}, - author = {Stephen Morris and Hyun Song Shin}, - journal = {The American Economic Review}, - number = 2, - pages = {152--157}, - publisher = {American Economic Association}, - title = {Inertia of Forward-Looking Expectations}, - volume = 96, - year = 2006 -} - -@article{ganong2017effect, - title = {The Effect of Debt on Default and Consumption: Evidence from Housing Policy in the Great Recession}, - author = {Ganong, Peter and Noel, Pascal}, - journal = {Unpublished Working Paper}, - year = 2017, - url = {https://scholar.harvard.edu/files/ganong/files/ganong_noel_housing_draft_2016-11-09.pdf} -} - -@article{hkmoHousingMPC, - author = {Aaron Hedlund and Fatih Karahan, Kurt Mitman, Serdar Ozkan}, - title = {Monetary Policy, Heterogeneity, and the Housing Channel}, - year = 2017, - journal = {RBNZ Conference on Heterogeneous Agents and Housing}, -} - -@article{druedahlNEGM, - url = {www.econ.ku.dk/druedahl/papers/2017_NEGM.pdf}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/druedahlNEGM.pdf}, - title = {A Fast Nested Endogenous Grid Method for Solving General Consumption-Saving Models}, - author = {Druedahl, Jeppe}, - journal = {Manuscript, University of Copenhagen} -} - -@Article{JBES1982, - author = {Perraudin, William R M and Sorensen, Bent E}, - title = {{The Credit-Constrained Consumer: An Empirical Study of Demand and Supply in the Loan Market}}, - journal = {Journal of Business and Economic Statistics}, - year = 1992, - volume = 10, - number = 2, - pages = {179-192}, - month = {April}, - abstract = {No abstract is available for this item.}, - url = {https://ideas.repec.org/a/bes/jnlbes/v10y1992i2p179-92.html} -} - -@Article{JBES1996, - author = {Ho, Mun S and Perraudin, William R M and Sorensen, Bent E}, - title = {{A Continuous-Time Arbitrage-Pricing Model with Stochastic Volatility and Jumps}}, - journal = {Journal of Business and Economic Statistics}, - year = 1996, - volume = 14, - number = 1, - pages = {31-43}, - month = {January}, - abstract = { The authors formulate and test a continuous time asset pricing model using U.S. equity market data. They assume that stock returns are driven by common factors including random jump-size Poisson processes and Brownian motions with stochastic volatility. The model places over-identifying restrictions on the mean returns allowing one to identify risk neutral probability distributions useful in pricing derivative securities. The authors test for the restrictions and decompose moments of the asset returns into the contributions made by different factors. Their econometric methods take full account of time aggregation.}, - url = {https://ideas.repec.org/a/bes/jnlbes/v14y1996i1p31-43.html} -} - -@Article{JECM2000, - author = {Perraudin, William R. M. and Sorensen, Bent E.}, - title = {{The demand for risky assets: Sample selection and household portfolios}}, - journal = {Journal of Econometrics}, - year = 2000, - volume = 97, - number = 1, - pages = {117-144}, - month = {July}, - abstract = {No abstract is available for this item.}, - url = {https://ideas.repec.org/a/eee/econom/v97y2000i1p117-144.html} -} - -@Article{JEcM1997, - author = {Andersen, Torben G. and Sorensen, Bent E.}, - title = {{GMM and QML asymptotic standard deviations in stochastic volatility models: Comments on Ruiz (1994)}}, - journal = {Journal of Econometrics}, - year = 1997, - volume = 76, - number = {1-2}, - pages = {397-403}, - abstract = {No abstract is available for this item.}, - url = {https://ideas.repec.org/a/eee/econom/v76y1997i1-2p397-403.html} -} - -@Article{JIE1998, - author = {Sorensen, Bent E. and Yosha, Oved}, - title = {{International risk sharing and European monetary unification}}, - journal = {Journal of International Economics}, - year = 1998, - volume = 45, - number = 2, - pages = {211-238}, - month = {August}, - url = {https://ideas.repec.org/a/eee/inecon/v45y1998i2p211-238.html} -} - -@Article{REStat1996, - author = {Ho, Mun S and Sorensen, Bent E}, - title = {{Finding Cointegration Rank in High Dimensional Systems Using the Johansen Test: An Illustration Using Data Based Monte Carlo Simulations}}, - journal = {The Review of Economics and Statistics}, - year = 1996, - volume = 78, - number = 4, - pages = {726-732}, - month = {November}, - abstract = { The authors examine the ability of the Johansen (1991) test to estimate the number of unit roots in high dimensional systems. They use data based Monte Carlo methods as a simple means of evaluating the validity of inference using asymptotic critical values. These simulations for a typical annual post-World War II dataset illustrate how the estimated number of unit roots change in a nonmonotone fashion with the dimension of the system, and with the number of lags in the VAR representation. The authors find that overparametrization in high dimensions is as bad as underparametrization. The Bayes information criteria outperforms the Akaike information criteria in their setup. Copyright 1996 by MIT Press.}, - url = {https://ideas.repec.org/a/tpr/restat/v78y1996i4p726-32.html} -} - -@Article{asGMM, - author = {Andersen, Torben G and Sorensen, Bent E}, - title = {{GMM Estimation of a Stochastic Volatility Model: A Monte Carlo Study}}, - journal = {Journal of Business and Economic Statistics}, - year = 1996, - volume = 14, - number = 3, - pages = {328-352}, - month = {July}, - abstract = { The authors examine alternative generalized method of moments procedures for estimation of a lognormal stochastic autoregressive volatility model by Monte Carlo methods. They document the existence of a trade-off between the number of moments, or information, included in estimation and the quality, or precision, of the objective function used for estimation. Furthermore, an approximation to the optimal weighting matrix is utilized to explore the impact of the weighting matrix for estimation, specification testing, and inference procedures. The results provide guidelines that help achieve desirable small sample properties in settings characterized by strong conditional heteroskedasticity and correlation among the moments.}, - url = {https://ideas.repec.org/a/bes/jnlbes/v14y1996i3p328-52.html} -} - -@Article{EJ1998, - author = {Albaek, Karsten and Sorensen, Bent E}, - title = {{Worker Flows and Job Flows in Danish Manufacturing, 1980-91}}, - journal = {Economic Journal}, - year = 1998, - volume = 108, - number = 451, - pages = {1750-1771}, - month = {November}, - abstract = { The authors map turnover of workers and jobs in Danish manufacturing over the 1980 to 1991 period, using information about all individual manufacturing plants. They examine the relation between worker flows and job flows and the authors study separations from, and hires to, existing jobs (replacement hiring) in detail. Their results reveal large heterogeneity among workers as well as plants, even adjusting for the level of job flows. The cyclical properties of worker reallocation point to worker-flow dynamics being driven by workers quitting in upturns to find better jobs, rather than by plants upgrading the labor force in recessions.}, - url = {https://ideas.repec.org/a/ecj/econjl/v108y1998i451p1750-71.html} -} - -@Article{RePEc:eee:eecrev:v:45:y:2001:i:7:p:1271-1310, - author = {Sorensen, Bent E. and Wu, Lisa and Yosha, Oved}, - title = {{Output fluctuations and fiscal policy: U.S. state and local governments 1978-1994}}, - journal = {European Economic Review}, - year = 2001, - volume = 45, - number = 7, - pages = {1271-1310}, - url = {https://ideas.repec.org/a/eee/eecrev/v45y2001i7p1271-1310.html} -} - -@Article{JEcM1999, - author = {Andersen, Torben G. and Chung, Hyung-Jin and Sorensen, Bent E.}, - title = {{Efficient method of moments estimation of a stochastic volatility model: A Monte Carlo study}}, - journal = {Journal of Econometrics}, - year = 1999, - volume = 91, - number = 1, - pages = {61-87}, - month = {July}, - abstract = {No abstract is available for this item.}, - url = {https://ideas.repec.org/a/eee/econom/v91y1999i1p61-87.html} -} - -@Article{JIMF2007, - author = {Sorensen, Bent E. and Wu, Yi-Tsung and Yosha, Oved and Zhu, Yu}, - title = {{Home bias and international risk sharing: Twin puzzles separated at birth}}, - journal = {Journal of International Money and Finance}, - year = 2007, - volume = 26, - number = 4, - pages = {587-605}, - month = {June}, - url = {https://ideas.repec.org/a/eee/jimfin/v26y2007i4p587-605.html} -} - -@Article{JPE2002, - author = {Charlotte Ostergaard and Bent E. S{\o}rensen and Oved Yosha}, - title = {{Consumption and Aggregate Constraints: Evidence from U.S. States and Canadian Provinces}}, - journal = {Journal of Political Economy}, - year = 2002, - volume = 110, - number = 3, - pages = {634-645}, - month = {June}, - abstract = {State-level consumption exhibits excess sensitivity to lagged income to the same extent as U.S. aggregate data, but state-specific (idiosyncratic) consumption exhibits substantially less sensitivity to lagged state-specific incomea result that also holds for Canadian provinces. We propose the following interpretation: borrowing and lending in response to changes in consumer demand are easier for individual U.S. states than for the United States as a whole, and therefore, the measured deviation from the benchmark permanent income hypothesis model is smaller. However, lagged state-specific variables help predict state-specific consumption, suggesting that the PIH model still requires qualification.}, - url = {https://ideas.repec.org/a/ucp/jpolec/v110y2002i3p634-645.html} -} - -@Article{RePEc:aeq:aeqaeq:v53_y2007_i1_q1_p3-17, - author = {Bent E. Sørensen and Oved Yosha}, - title = {{Producer Prices versus Consumer Prices in the Measurement of Risk Sharing}}, - journal = {Applied Economics Quarterly (formerly: Konjunkturpolitik)}, - year = 2007, - volume = 53, - number = 1, - pages = {3-17}, - keywords = {Inter-regional insurance; U.S.\ states; Consumption smoothing; Volume of output; Price indices}, - abstract = {In empirical research on the measurement of macroeconomic risk sharing there is no agreement on how Gross Domestic Product (GDP), or the corresponding series for regions, should be deflated. We present a stylized theoretical model that illustrates why the appropriate method for deflating nominal GDP (for the purpose of measuring risk sharing) is with a CPI deflator, not with a GDP deflator. We further explain that CPI deflated GDP (the ``consumption value'' of output) and GDP deflated with a GDP deflator (the volume of output) do represent the same underlying economic series up to measurement error. We illustrate the results estimating the amount of risk shared within subgroups of U.S. states.}, - url = {https://ideas.repec.org/a/aeq/aeqaeq/v53_y2007_i1_q1_p3-17.html} -} - -@Article{EconometricTheory1994, - author = {Nabeya, Seiji and S{\o}rensen, Bent E.}, - title = {{Asymptotic Distributions of the Least-Squares Estimators and Test Statistics in the Near Unit Root Model with Non-Zero Initial Value and Local Drift and Trend}}, - journal = {Econometric Theory}, - year = 1994, - volume = 10, - number = 05, - pages = {937-966}, - month = {December}, - abstract = {This paper considers the distribution of the Dickey-Fuller test in a model with non-zero initial value and drift and trend. We show how stochastic integral representations for the limiting distribution can be derived either from the local to unity approach with local drift and trend or from the continuous record asymptotic results of Sørensen [29]. We also show how the stochastic integral representations can be utilized as the basis for finding the corresponding characteristic functions via the Fredholm approach of Nabeya and Tanaka [16,17], This “link” between those two approaches may be of general interest. We further tabulate the asymptotic distribution by inverting the characteristic function. Using the same methods, we also find the characteristic function for the asymptotic distribution for the Schmidt-Phillips [26] unit root test. Our results show very clearly the dependence of the various tests on the initial value of the time series.}, - url = {https://ideas.repec.org/a/cup/etheor/v10y1994i05p937-966_00.html} -} - -@Article{REStat2010, - author = {Sebnem Kalemli-Ozcan and Ariell Reshef and Bent E S{\o}rensen and Oved Yosha}, - title = {{Why Does Capital Flow to Rich States?}}, - journal = {The Review of Economics and Statistics}, - year = 2010, - volume = 92, - number = 4, - pages = {769-783}, - month = {November}, - abstract = { The magnitude and the direction of net international capital flows do not fit neoclassical models. The fifty U.S. states comprise an integrated capital market with very low barriers to capital flows, which makes them an ideal testing ground for neoclassical models. We develop a simple frictionless open economy model with perfectly diversified ownership of capital and find that capital flows among the states are consistent with the model. Therefore, the small size and \"wrong\" direction of net international capital flows are likely due to frictions associated with national borders, not to inherent flaws in the neoclassical model. (c) 2010 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.}, - url = {https://ideas.repec.org/a/tpr/restat/v92y2010i4p769-783.html} -} - -@Article{EconometricTheory1992, - author = {S{\o}rensen, Bent E.}, - title = {{Continuous Record Asymptotics in Systems of Stochastic Differential Equations}}, - journal = {Econometric Theory}, - year = 1992, - volume = 8, - number = 01, - pages = {28-51}, - month = {March}, - abstract = {This paper considers estimation based on a set of T + 1 discrete observations, y (0), y ( h ), y (2 h ),…, y ( Th ) = y ( N ), where h is the sampling frequency and N is the span of the data. In contrast to the standard approach of driving N to infinity for a fixed sampling frequency, the current paper follows Phillips [35,36] and Perron [29] and examines the “dual” asymptotics implied by letting h tend to zero while the span N remains fixed.}, - url = {https://ideas.repec.org/a/cup/etheor/v8y1992i01p28-51_01.html} -} - -@Article{JME2010, - author = {Hryshko, Dmytro and José Luengo-Prado, María and S{\o}rensen, Bent E.}, - title = {{House prices and risk sharing}}, - journal = {Journal of Monetary Economics}, - year = 2010, - volume = 57, - number = 8, - pages = {975-987}, - month = {November}, - abstract = {Homeowners in the Panel Study of Income Dynamics are able to maintain a high level of consumption following job loss (or disability) in periods of rising local house prices while the consumption drop for homeowners who lose their job in times of lower house prices is substantial. These results are consistent with homeowners being able to access wealth gains when housing appreciates as witnessed by their ability to smooth consumption more than renters. A calibrated model of endogenous homeownership and consumption is able to reproduce the patterns in the data quite well and provides an interpretation of the empirical results.}, - url = {https://ideas.repec.org/a/eee/moneco/v57y2010i8p975-987.html} -} - -@Article{QE2011, - author = {Dmytro Hryshko and María José Luengo-Prado and Bent E. Sørensen}, - title = {{Childhood determinants of risk aversion: The long shadow of compulsory education}}, - journal = {Quantitative Economics}, - year = 2011, - volume = 2, - number = 1, - pages = {37-72}, - month = 03, - url = {https://ideas.repec.org/a/ecm/quante/v2y2011i1p37-72.html} -} - -@Article{BEJournal2012, - author = {Hryshko Dmytro and Luengo-Prado Maria and Sorensen Bent E.}, - title = {{The Effect of Education on Equity Holdings}}, - journal = {The B.E. Journal of Economic Analysis and Policy}, - year = 2012, - volume = 12, - number = 1, - pages = {1-41}, - month = {March}, - abstract = {We study the effect of education on equity ownership in the form of stocks or mutual funds (outside of retirement accounts). We find a causal effect of education on stockholding using the number of colleges in the county where the respondent grew up as an instrument and data from the Panel Study of Income Dynamics. The effect is particularly strong for whites from non-privileged backgrounds. We explore the channels through which education affects equity holdings using the Wisconsin Longitudinal Survey and find that, controlling for family fixed effects, increased cognition and features associated with having a white collar job appear to be the main channels.}, - url = {https://ideas.repec.org/a/bpj/bejeap/v12y2012i1n10.html} -} - -@Article{Canadian2012, - author = {Faruk Balli and Sebnem Kalemli-Ozcan and Bent E. Sorensen}, - title = {{Risk sharing through capital gains}}, - journal = {Canadian Journal of Economics}, - year = 2012, - volume = 45, - number = 2, - pages = {472-492}, - month = {May}, - abstract = {We estimate channels of international risk sharing between European Monetary Union (EMU), European Union, and other OECD countries, 1992-2007. We focus on risk sharing through savings, factor income flows, and capital gains. Risk sharing through factor income and capital gains was close to zero before 1999 but has increased since then. Risk sharing from capital gains, at about 6\%, is higher than risk sharing from factor income flows for European Union countries and OECD countries. Risk sharing from factor income flows is higher for euro zone countries, at 14\%, reflecting increased international asset and liability holdings in the euro area.}, - url = {https://ideas.repec.org/a/cje/issued/v45y2012i2p472-492.html} -} - -@Article{JIE2012, - author = {Kalemli-Ozcan, Sebnem and Sorensen, Bent and Yesiltas, Sevcan}, - title = {{Leverage across firms, banks, and countries}}, - journal = {Journal of International Economics}, - year = 2012, - volume = 88, - number = 2, - pages = {284-298}, - keywords = {Leverage; Crisis; International; Banks; Firms}, - doi = {10.1016/j.jinteco.2012.03}, - abstract = {We present new stylized facts on bank and firm leverage during the period 2000–2009 using internationally comparable micro level data from many countries. We document the following patterns: a) there was an increase in leverage for investment banks prior to the sub-prime crisis; b) there was no visible increase in leverage for the typical commercial bank and non-financial firm; c) off-balance-sheet items constitute a big fraction of assets, especially for large commercial banks in the US, whereas investment banks do not report these items; d) the leverage ratio is procyclical for investment banks and for large commercial banks in the US; e) banks in emerging markets with tighter bank regulation and stronger investor protection experienced significantly less deleveraging during the crisis. The results suggest that excessive risk taking before the crisis was not easily detectable because the risk involved the quality rather than the quantity of assets.}, - url = {https://ideas.repec.org/a/eee/inecon/v88y2012i2p284-298.html} -} - -@Article{AER2003, - author = {Sebnem Kalemli-Ozcan and Bent E. Sørensen and Oved Yosha}, - title = {{Risk Sharing and Industrial Specialization: Regional and International Evidence}}, - journal = {American Economic Review}, - year = 2003, - volume = 93, - number = 3, - pages = {903-918}, - month = {June}, - url = {https://ideas.repec.org/a/aea/aecrev/v93y2003i3p903-918.html} -} - -@Article{SocialIndicators2012, - author = {Cahit Guven and Bent Sørensen}, - title = {{Subjective Well-Being: Keeping Up with the Perception of the Joneses}}, - journal = {Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement}, - year = 2012, - volume = 109, - number = 3, - pages = {439-469}, - month = {December}, - keywords = {Happiness; Social comparison; Status; Perceptions; D14; D63; I31}, - doi = {10.1007/s11205-011-9910-x}, - abstract = {Using data from the US General Social Survey 1972–2004, we study the role of perceptions and status in self-reported happiness. Reference group income negatively relates to own happiness and high perceptions about own relative income, quality of dwelling, and social class relate positively and very significantly to happiness. Perceptions about income and status matter more for females, and for low income, conservative, more social, and less trusting individuals. Dwelling perceptions matter more for males, and for middle income, married, conservative, more social, and less trusting individuals. Copyright Springer Science+Business Media B.V. 2012}, - url = {https://ideas.repec.org/a/spr/soinre/v109y2012i3p439-469.html} -} - -@Article{EmpiricalEcon2013, - author = {Hatice Balli and Bent S{\o}rensen}, - title = {{Interaction effects in econometrics}}, - journal = {Empirical Economics}, - year = 2013, - volume = 45, - number = 1, - pages = {583-603}, - month = {August}, - keywords = {Non-linear regression; Interaction terms; C12; C13}, - doi = {10.1007/s00181-012-0604-2}, - abstract = {We provide practical advice for applied economists regarding robust specification and interpretation of linear regression models with interaction terms. We replicate a number of prominently published results using interaction effects and examine if they are robust to reasonable specification permutations. Copyright Springer-Verlag 2013}, - url = {https://ideas.repec.org/a/spr/empeco/v45y2013i1p583-603.html} -} - -@Article{Scandinavian2014, - author = {Sebnem Kalemli-Ozcan and Emiliano Luttini and Bent Sorensen}, - title = {{Debt Crises and Risk-Sharing: The Role of Markets versus Sovereigns}}, - journal = {Scandinavian Journal of Economics}, - year = 2014, - volume = 116, - number = 1, - pages = {253-276}, - month = 01, - url = {https://ideas.repec.org/a/bla/scandj/v116y2014i1p253-276.html} -} - -@Article{JEEA2014, - author = {Sebnem Kalemli-Ozcan and Bent Sorensen and Vadym Volosovych}, - title = {{Deep Financial Integration And Volatility}}, - journal = {Journal of the European Economic Association}, - year = 2014, - volume = 12, - number = 6, - pages = {1558-1585}, - month = {December}, - abstract = { We investigate the relationship between foreign direct ownership of firms and firm- and region-level output volatility using a novel panel data set for European countries. We document a positive, highly robust, relationship between firm-level foreign ownership and volatility of value added. This relationship holds cross-sectionally and in panels with firm fixed effects where the relationship captures within-firm variation over time. Considering domestic firms with assets in foreign countries, we document that it is international diversification, rather than the nationality of the owner, that explains this positive correlation. Our results can also be found at the aggregate level, where we show that region-level volatility is correlated positively with foreign investment in the region. We show that this positive relation between aggregate volatility and foreign investment can be explained by the granularity of the firm size distribution and the fact that foreign ownership is concentrated among the largest firms.}, - url = {https://ideas.repec.org/a/bla/jeurec/v12y2014i6p1558-1585.html} -} - -@Article{QJE1996, - author = {Pierfederico Asdrubali and Bent E. S{\o}rensen and Oved Yosha}, - title = {{Channels of Interstate Risk Sharing: United States 1963–1990}}, - journal = {The Quarterly Journal of Economics}, - year = 1996, - volume = 111, - number = 4, - pages = {1081-1110}, - abstract = {We develop a framework for quantifying the amount of risk sharing among states in the United States, and construct data that allow us to decompose the cross-sectional variance in gross state product into several components which we refer to as levels of smoothing. We find that 39 percent of shocks to gross state product are smoothed by capital markets, 13 percent are smoothed by the federal government, and 23 percent are smoothed by credit markets. The remaining 25 percent are not smoothed. We also decompose the federal government smoothing into subcategories: taxes, transfers, and grants to states.}, - url = {https://ideas.repec.org/a/oup/qjecon/v111y1996i4p1081-1110..html} -} - -@Article{J-Urban2016, - author = {Craig, Steven G. and Hemissi, Wided and Mukherjee, Satadru and S{\o}rensen, Bent E.}, - title = {{How do politicians save? Buffer-stock management of unemployment insurance finance}}, - journal = {Journal of Urban Economics}, - year = 2016, - volume = 93, - number = {C}, - pages = {18-29}, - keywords = {Government savings; Unemployment insurance; Impatience; Prudence}, - doi = {10.1016/j.jue.2016.02.002}, - abstract = {We fit an empirical structural model of forward looking government savings behavior to data from the U.S. state Unemployment Insurance (UI) programs 1976–2008. States increase benefits or lower taxes when Unemployment Trust fund balances are high, consistent with a desired target level of savings. This can be explained by the representative state program behaving like a Carroll (1992) buffer-stock consumer who trades off a desire to expend savings (impatience) against the fear of running out of funds (risk aversion). We calibrate the model to the data and find that statistics from model simulations match similar statistics produced from the data for reasonable levels of risk aversion and impatience.}, - url = {https://ideas.repec.org/a/eee/juecon/v93y2016icp18-29.html} -} - -@Article{AEJ2017, - author = {Yuliya Demyanyk and Dmytro Hryshko and María Jose Luengo-Prado and Bent E. S{\o}rensen}, - title = {{Moving to a Job: The Role of Home Equity, Debt, and Access to Credit}}, - journal = {American Economic Journal: Macroeconomics}, - year = 2017, - volume = 9, - number = 2, - pages = {149-181}, - month = {April}, - abstract = {We use individual-level credit reports merged with loan-level mortgage data to estimate how home equity interacted with mobility in relatively weak and strong labor markets in the United States during the Great Recession. We construct a dynamic model of housing, consumption, employment, and relocation, which provides a structural interpretation of our empirical results and allows us to explore the role that foreclosure played in labor mobility. We find that negative home equity is not a significant barrier to job-related mobility because the benefits of accepting an out-of-area job outweigh the costs of moving. This pattern holds even if homeowners are not able to default on their mortgages.}, - url = {https://ideas.repec.org/a/aea/aejmac/v9y2017i2p149-81.html} -} - -@TechReport{ORBIS, - author = {Sebnem Kalemli-Ozcan and Bent Sorensen and Carolina Villegas-Sanchez and Vadym Volosovych and Sevcan Yesiltas}, - title = {{How to Construct Nationally Representative Firm Level data from the ORBIS Global Database}}, - year = 2015, - month = Sep, - institution = {National Bureau of Economic Research, Inc}, - type = {NBER Working Papers}, - url = {https://ideas.repec.org/p/nbr/nberwo/21558.html}, - number = 21558, - abstract = {Firm-level data on productivity, financial activity and firms' international linkages have become essential for research in the fields of macro, international finance and growth. This paper describes the development of a firm-level global panel dataset for public and private companies based on the administrative micro-dataset ORBIS, provided commercially by Bureau van Dijk Electronic Publishing (BvD). The ORBIS database provides data on firms' financial and productive activities from balance sheets and income statements together with detailed information on firms' domestic and international ownership structure for over 130 million companies across the world. Researchers need to overcome several challenges before making the database usable for research. First, the database is not designed for large downloads that is essential for an econometric analysis. Second, there are several inherent biases in the database that affect the download process and lead to missing information. Third, the raw data may contain a number of irregularities which, if not dealt with, will result in data loss during a standard cleaning procedure. In combination, these issues cause minimal coverage of small firms, extensive missing data, and poor national representation. We give detailed instructions on the data gathering process from ORBIS in terms of downloading methodology and cleaning procedure so that a researcher can construct a database that is nationally representative with minimal missing information. We provide examples from several European countries to present the process and discuss the resulting dataset in detail.}, -} - -@book{NBEReich-4, - title = "NBER Macroeconomics Annual 2017, volume 32", - author = "Martin S. Eichenbaum and Jonathan Parker", - institution = "National Bureau of Economic Research", - type = "Book", - publisher = "University of Chicago Press", - year = 2017, - URL = "http://www.nber.org/books/eich-4", -} - -@article{lebaron2006agent, - title = {Agent-based computational finance}, - author = {LeBaron, Blake}, - journal = {Handbook of computational economics}, - volume = 2, - pages = {1187--1233}, - year = 2006, - publisher = {Elsevier} -} - -@article{qiu2017limited, - title = {Limited individual attention and online virality of low-quality information}, - author = {Qiu, Xiaoyan and Oliveira, Diego FM and Shirazi, Alireza Sahami and Flammini, Alessandro and Menczer, Filippo}, - journal = {Nature Human Behavior}, - volume = 1, - pages = 0132, - year = 2017 -} - -@article{epstein2009modelling, - title = {Modelling to contain pandemics}, - author = {Epstein, Joshua M}, - journal = {Nature}, - volume = 460, - number = 7256, - pages = {687--687}, - year = 2009, - publisher = {Nature Publishing Group} -} - -@article{gafhcghpyGetting, - title = {Getting at systemic risk via an agent-based model of the housing market}, - author = {Geanakoplos, John and Axtell, Robert and Farmer, Doyne J and Howitt, Peter and Conlee, Benjamin and Goldstein, Jonathan and Hendrey, Matthew and Palmer, Nathan M and Yang, Chun-Yi}, - journal = {The American Economic Review}, - volume = 102, - number = 3, - pages = {53--58}, - year = 2012, - publisher = {American Economic Association} -} - -@article{bfhltuMacroprudential, - title = {Macroprudential policy in an agent-based model of the UK housing market}, - author = {Baptista, Rafa and Farmer, J Doyne and Hinterschweiger, Marc and Low, Katie and Tang, Daniel and Uluc, Arzu}, - journal = {Bank of England Staff Working Paper No. 619: Macroprudential policy in an agent-based model of the UK housing market - Rafa Baptista, J Doyne Farmer, Marc Hinterschweiger, Katie Low, Daniel Tang and Arzu Uluc}, - year = 2016 -} - -@article{bdksLeverage, - title = {House Price Beliefs and Mortgage Leverage Choice}, - author = {Bailey, Michael C and D{\'a}vila, Eduardo and Kuchler, Theresa and Stroebel, Johannes}, - journal = {Manuscript}, - year = 2017 -} - -@article{reiterSolving, - title = {Solving heterogeneous-agent models by projection and perturbation}, - volume = 33, - number = 3, - journal = {Journal of Economic Dynamics and Control}, - author = {Reiter, Michael}, - month = mar, - year = 2009, - pages = {649--665}, -} - -@techreport{reiterApproximate, - title = {Approximate and {Almost}-{Exact} {Aggregation} in {Dynamic} {Stochastic} {Heterogeneous}-{Agent} {Models}}, - number = 258, - institution = {Institute for Advanced Studies}, - author = {Reiter, Michael}, - month = oct, - year = 2010, -} - -@article{summersWolf2, - author = {Summers, Lawrence H.}, - journal = {Financial Times interview}, - note = {\url{http://larrysummers.com/commentary/speeches/brenton-woods-speech/}}, - title = {Larry Summers and Martin Wolf on New Economic Thinking}, - year = 2011, - url = {http://larrysummers.com/commentary/speeches/brenton-woods-speech/}, -} - -@article{akerlofMMM, - author = {Akerlof, George A.}, - journal = {American Economic Review}, - note = {\url{https://www.aeaweb.org/articles?id=10.1257/aer.97.1.5}}, - number = 1, - pages = {5--36}, - title = {The Missing Motivation in Macroeconomics}, - volume = 97, - year = 2007, - url = {https://www.aeaweb.org/articles?id=10.1257/aer.97.1.5}, -} - -@article{shillerTeach, - author = {Shiller, Robert J.}, - journal = {Journal of Economic Education}, - number = 4, - pages = {403--09}, - title = {How Should the Financial Crisis Change How We Teach Economics?}, - volume = 41, - year = 2010, -} - -@article{stock_confidence_1991, - title = {Confidence intervals for the largest autoregressive root in {U}.{S}. macroeconomic time series}, - volume = 28, - url = {http://econpapers.repec.org/article/eeemoneco/v_3a28_3ay_3a1991_3ai_3a3_3ap_3a435-459.htm}, - number = 3, - journal = {Journal of Monetary Economics}, - author = {Stock, James}, - year = 1991, - pages = {435--459}, -} - -@article{tokuoka2013saving, - title = {Saving response to unemployment of a sibling}, - author = {Tokuoka, Kiichi}, - journal = {Journal of Economic Behavior and Organization}, - volume = 89, - pages = {58--75}, - year = 2013, - publisher = {Elsevier} -} - -@article{lmpPermShocks, - title = {Wage risk and employment risk over the life cycle}, - author = {Low, Hamish and Meghir, Costas and Pistaferri, Luigi}, - journal = {The American economic review}, - volume = 100, - number = 4, - pages = {1432--1467}, - year = 2010, - publisher = {American Economic Association} -} - -@techreport{gkosData, - title = {What do data on millions of US workers reveal about life-cycle earnings risk?}, - author = {Guvenen, Fatih and Karahan, Fatih and Ozkan, Serdar and Song, Jae}, - year = 2015, - institution = {National Bureau of Economic Research} -} - -@article{bsDigustibus, - title = {De gustibus non est disputandum}, - author = {Stigler, George J and Becker, Gary S}, - journal = {The American Economic Review}, - volume = 67, - number = 2, - pages = {76--90}, - year = 1977, - publisher = {JSTOR} -} - -@techreport{blanchardDSGE, - title = {Do DSGE Models Have a Future?}, - author = {Blanchard, Olivier}, - year = 2016, - note = {Available at \href{https://piie.com/system/files/documents/pb16-11.pdf}{https://piie.com/system/files/documents/pb16-11.pdf}}, - url = {https://piie.com/system/files/documents/pb16-11.pdf}, - institution = {Petersen Institute for International Economics} -} - -@techreport{haldaneDappled, - title = {The Dappled World}, - author = {Haldane, Andy}, - year = 2016, - note = {Available at \href{http://www.bankofengland.co.uk/publications/Pages/speeches/2016/937.aspx}{http://www.bankofengland.co.uk/publications/Pages/speeches/2016/937.aspx}}, - url = {http://www.bankofengland.co.uk/publications/Pages/speeches/2016/937.aspx}, - journal = {Speech Given at GLS Shackle Biennial Memorial Lecture}, - institution = {Bank of England}, - month = {November} -} - -@article{auclertMPC, - title = {Monetary policy and the redistribution channel}, - author = {Auclert, Adrien}, - journal = {Unpublished manuscript}, - year = 2015 -} - -@misc{yellenHetero, - url = {https://www.federalreserve.gov/newsevents/speech/yellen20161014a.htm}, - note = {Available at \href{https://www.federalreserve.gov/newsevents/speech/yellen20161014a.htm}{https://www.federalreserve.gov/newsevents/speech/yellen20161014a.htm}}, - author = {Yellen, Janet}, - journal = {At \emph{The Elusive `Great' Recovery: Causes and Implications for Future Business Cycle Dynamics} 60th annual economic conference sponsored by the Federal Reserve Bank of Boston, Boston, Massachusetts}, - title = {Macroeconomic Research After the Crisis}, - year = 2016, - month = {October}, - day = 16 -} - -October 14, 2016 - - -Chair Janet L. Yellen - -At "The Elusive 'Great' Recovery: Causes and Implications for Future Business Cycle Dynamics" 60th annual economic conference sponsored by the Federal Reserve Bank of Boston, Boston, Massachusetts - -@misc{coeureHetero, - author = {Coeure, Benoit}, - title = {The relevance of household-level data for monetary policy and financial stability analysis}, - url = {http://www.ecb.europa.eu/press/key/date/2013/html/sp131017.en.html}, - journal = {Opening Remarks Delivered at ECB Conference on Household Finance and Consumption}, - year = 2013, - month = {October}, - day = 17, - notes = {Available at \href{http://www.ecb.europa.eu/press/key/date/2013/html/sp131017.en.html}{http://www.ecb.europa.eu/press/key/date/2013/html/sp131017.en.html}} -} - -@ARTICLE{ElizabethWhy, - author = {Elizabeth, Queen~of~England}, - title = {The economic forecasters' failing vision}, - journal = {Financial Times}, - year = 2008, - note = {https://www.ft.com/content/50007754-ca35-11dd-93e5-000077b07658}, - date = {November 25, 2008}, - url = {https://www.ft.com/content/50007754-ca35-11dd-93e5-000077b07658} -} - -@techreport{akmwwInequality-Discuss, - author = {Christopher D. Carroll and Edmund Crawley}, - title = {Discussion of `When Inequality Matters for Macro and Macro Matters for Inequality'}, - year = 2017, - journal = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - institution = {NBER}, - url = {https://www.econ2.jhu.edu/people/ccarroll/discuss/2017-04_NBER_Macro-Annual/akmwwInequality/} -} - -@article{akmwwInequality, - title = {When Inequality Matters for Macro and Macro Matters for Inequality}, - author = {SeHyoun Ahn and Greg Kaplan and Benjamin Moll and Thomas Winberry and Christian Wolf}, - journal = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 2017, - editor = {Jonathan Parker and Martin S. Eichenbaum, Organizers}, - volume = 32, - url = {http://www.princeton.edu/~moll/WIMM.pdf}, - address = {Cambridge, MA}, -} - -@ARTICLE{infrastructureNYT, - author = {Jennifer Steinhauer}, - title = {Republicans Now Marching With Trump on Ideas They Had Opposed}, - journal = {New York Times}, - year = 2017, - month = {January}, - day = 27, - note = {\url{https://www.nytimes.com/2017/01/26/us/politics/trump-republican-retreat.html}}, - url = {\url{https://www.nytimes.com/2017/01/26/us/politics/trump-republican-retreat.html}}, -} - -@techreport{amkstPuzzle, - title = "Late-in-Life Risks and the Under-Insurance Puzzle", - author = "John Ameriks and Joseph Briggs and Andrew Caplin and Matthew D. Shapiro and Christopher Tonetti", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = 22726, - year = 2016, - month = "October", - doi = {10.3386/w22726}, - URL = "http://www.nber.org/papers/w22726", - abstract = {Individuals face significant late-in-life risks, including needing long-term care (LTC). Yet, they hold little long-term care insurance (LTCI). Using both “strategic survey questions,” which identify preferences, and stated demand questions, this paper investigates the degree to which a fundamental lack of interest and poor product features determine low LTCI holdings. It estimates a rich set of individual-level preferences and uses a life-cycle model to predict insurance demand, finding that better insurance would be far more widely held than are products in the market. Comparing stated and model-predicted demand shows that flaws in existing products provide a significant, but partial, explanation for this under-insurance puzzle.}, -} - -@article{fjFutureGrowth, - Author = {Fernald, John G. and Jones, Charles I.}, - Title = {The Future of US Economic Growth}, - Journal = {American Economic Review}, - Volume = 104, - Number = 5, - Year = 2014, - Month = {May}, - Pages = {44-49}, - DOI = {10.1257/aer.104.5.44}, - URL = {https://www.aeaweb.org/articles?id=10.1257/aer.104.5.44}, - notes = {Available at {http://web.stanford.edu/~chadj/FernaldJones2014.pdf}} -} - -@techreport{kocherlakotaTrouble, - author = {Kocherlakota, Narayana}, - title = {Thoughts on `The Trouble With Macroeconomics'}, - url = {https://sites.google.com/site/kocherlakota009/home/research/9-15-16}, - note = {\url{https://sites.google.com/site/kocherlakota009/home/research/9-15-16}}, - month = {September}, - year = 2016, - institution = {Kocherlakota Blog} -} - -@ARTICLE{caballeroPretense, - author = {Caballero, Ricardo J.}, - title = {Macroeconomics after the Crisis: Time to Deal with the Pretense-of-Knowledge Syndrome}, - journal = {Journal of Economic Perspectives}, - year = 2010, - volume = 24, - pages = {85--102}, - number = 4, - note = {\url{https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.24.4.85}}, - doi = {10.1257/jep.24.4.85}, - url = {https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.24.4.85} -} - -@techreport{romerTrouble, - author = {Romer, Paul}, - title = {The Trouble With Macroeconomics}, - url = {https://paulromer.net/wp-content/uploads/2016/09/WP-Trouble.pdf}, - year = 2016, - month = {September}, - institution = {\url{http://paulromer.net}}, - note = {Available at \url{https://paulromer.net/wp-content/uploads/2016/09/WP-Trouble.pdf}}, -} - -@techreport{keynesMaster, - author = {Keynes, John Maynard}, - title = {The Collected Writings of John Maynard Keynes}, - volume = {X}, - year = 1972, - publisher = {Royal Economic Society}, - url = {http://www.goodreads.com/quotes/798690-the-master-economist-must-possess-a-rare-combination-of-gifts}, - note = {\url{http://www.goodreads.com/quotes/798690-the-master-economist-must-possess-a-rare-combination-of-gifts}} -} - -@techreport{dkpQE, - title = "How Quantitative Easing Works: Evidence on the Refinancing Channel", - author = "Marco {Di Maggio} and Amir Kermani and Christopher Palmer", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = 22638, - year = 2016, - month = "September", - doi = {10.3386/w22638}, - URL = "http://www.nber.org/papers/w22638", - abstract = {Despite massive large-scale asset purchases (LSAPs) by central banks around the world since the global financial crisis, there is a lack of empirical evidence on whether and how these programs affect the real economy. Using rich borrower-linked mortgage-market data, we document that there is a “flypaper effect” of LSAPs, where the transmission of unconventional monetary policy to interest rates and (more importantly) origination volumes depends crucially on the assets purchased and degree of segmentation in the market. For example, QE1, which involved significant purchases of GSE-guaranteed mortgages, increased GSE-eligible mortgage originations significantly more than the origination of GSE-ineligible mortgages. In contrast, QE2's focus on purchasing Treasuries did not have such differential effects. We find that the Fed's purchase of MBS (rather than exclusively Treasuries) during QE1 resulted in an additional \$600 billion of refinancing, substantially reduced interest payments for refinancing households, led to a boom in equity extraction, and increased refinancing mortgagors’ consumption by an additional \$76 billion. This de facto allocation of credit across mortgage market segments, combined with sharp bunching around GSE eligibility cutoffs, establishes an important complementarity between monetary policy and macroprudential housing policy. Our counterfactual simulations estimate that relaxing GSE eligibility requirements would have significantly increased refinancing activity in response to QE1, including a 20\% increase in equity extraction by households. Overall, our results imply that central banks could most effectively provide unconventional monetary stimulus by supporting the origination of debt that would not be originated otherwise.}, -} - -@article{grodzickiCCC, - title = {The Evolution of Competition in the Credit Card Market}, - author = {Grodzicki, Daniel}, - journal = {The Pennsylvania State University}, - year = 2015 -} - -@article{ausubelFailure, - title = {The failure of competition in the credit card market}, - author = {Ausubel, Lawrence M}, - journal = {The American Economic Review}, - pages = {50--81}, - year = 1991, - publisher = {JSTOR} -} - -@article{pikettyCapital, - title = {Capital in the twenty-first century}, - author = {Piketty, Thomas}, - journal = {Cambridge, MA, London}, - year = 2014 -} - -@article{rognliePiketty, - author = {Rognlie, Matthew}, - title = {A Note on Piketty and Diminishing Returns to Capital}, - url = {http://www.mit.edu/~mrognlie/piketty_diminishing_returns.pdf}, - journal = {Under revision, Brookings Papers on Economic Activity}, - year = 2014, -} - -@article{Piketty_Saez2003, - author = {Thomas Piketty and Emmanuel Saez}, - journal = {Quarterly Journal of Economics}, - number = 1, - pages = {1--39}, - title = {Income Inequality in the United States, 1913--1998}, - volume = 118, - year = 2003, -} - -@TECHREPORT{fgmpReturns, - title = {Heterogeneity in Returns to Wealth and the Measurement of Wealth Inequality}, - author = {Fagereng, Andreas and Luigi Guiso and Davide Malacrino and Luigi Pistaferri}, - year = 2016, - institution = {Einaudi Institute for Economics and Finance (EIEF)}, - type = {EIEF Working Papers Series}, - number = {16/1}, - url = {http://www.eief.it/files/2016/01/wp-01-heterogeneity-in-returns-to-wealth-and-the-measurement-of-wealth-inequality.pdf}, - note = {Available at \url{http://llorracc.net/cited/fgmpReturns}} -} - -@techreport{ghosDespiteUzawa, - title = "Balanced Growth Despite Uzawa", - author = "Gene M. Grossman and Elhanan Helpman and Ezra Oberfield and Thomas Sampson", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = 21861, - year = 2016, - month = "January", - doi = {10.3386/w21861}, - URL = "http://www.nber.org/papers/w21861", - abstract = {The evidence for the United States points to balanced growth despite falling investment-good prices and an elasticity of substitution between capital and labor less than one. This is inconsistent with the Uzawa Growth Theorem. We extend Uzawa's theorem to show that the introduction of human capital accumulation in the standard way does not resolve the puzzle. However, balanced growth is possible if schooling is endogenous and capital is more complementary with schooling than with raw labor. We describe balanced growth paths for a variety of neoclassical growth models with capital-augmenting technological progress and endogenous schooling. The balanced growth path in an overlapping-generations model in which individuals choose the duration of their education matches key features of the U.S. economic record.}, -} - -@article{WhiteENDG, - author = "Matthew N. White", - title = "The Method of Endogenous Gridpoints in Theory and Practice", - year = 2015, - journal = "Journal of Economic Dynamics and Control", - volume = 60, - pages = "26-41", - url = {http://dx.doi.org/10.1016/j.jedc.2015.08.001}, - doi = {10.1016/j.jedc.2015.08.001}, - notePri = {http://llorracc.net/papers/WhiteENDG} -} - -@TechReport{cpHetero, - Title = {The Heterogeneous-Agent Computational toolKit: An Extensible Framework for Solving and Estimating Heterogeneous-Agent Models}, - Author = {Carroll, Christopher D and Palmer, Nathan M}, - Institution = {Johns Hopkins University and Office of Financial Research}, - Journal = {Computing in Economics and Finance 2015, Taipei, Taiwan}, - Year = 2015, - Month = {June}, - url = {https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=CEF2015&paper_id=523}, - note = {Available at \url{https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=CEF2015&paper_id=523}}, -} - -@article{rodrikRules, - author = {Rodrik, Dani}, - title = {Economics Rules}, - url = {https://www.youtube.com/watch?feature=youtu.be&t=29m&v=Yxbcb7hxZP0&app=desktop}, - note = {Available at \href{https://www.youtube.com/watch?feature=youtu.be&t=29m&v=Yxbcb7hxZP0&app=desktop}{YouTube}}, - journal = {YouTube}, - year = 2015 -} - -@article{samuelson1937note, - title = {A note on measurement of utility}, - author = {Samuelson, Paul A}, - journal = {The Review of Economic Studies}, - volume = 4, - number = 2, - pages = {155--161}, - year = 1937, - publisher = {JSTOR} -} - -@article{samuelson1979we, - title = {Why we should not make mean log of wealth big though years to act are long}, - author = {Samuelson, Paul A}, - journal = {Journal of Banking and Finance}, - volume = 3, - number = 4, - pages = {305--307}, - year = 1979, - publisher = {Elsevier}, - doi = {http://dx.doi.org/10.1016/0378-4266(79)90023-2} -} - -@article{BueraShin2009, - title = {Productivity Growth and Capital Flows: The Dynamics of Reform}, - author = {Buera, Francisco and Yongseok Shin}, - journal = {NBER Working Paper 15268}, - year = 2009 -} - -@article{Benhima2013, - title = {A Reappraisal of the Allocation Puzzle through the Portfolio Approach}, - author = {Benhima, Kenza}, - journal = {Journal of international Economics}, - volume = 89, - number = 2, - pages = {331--346}, - year = 2013, - publisher = {Elsevier} -} - -@article{BachettaBenhima2015, - title = {The Demand for Liquid Assets, Corporate Saving and Global Imbalances}, - author = {Bacchetta, Philippe and Kenza Benhima}, - journal = {Journal of the European Economic Association}, - volume = {forthcoming}, - year = 2015 -} - -@misc{deatonStateCapacity, - author = {Angus Deaton}, - title = {Weak States, Poor Countries}, - journal = {Project Syndicate}, - year = 2013, - url = {http://www.project-syndicate.org/commentary/economic-development-requires-effective-governments-by-angus-deaton}, - note = {Available at \texttt{\href{http://www.project-syndicate.org/commentary/economic-development-requires-effective-governments-by-angus-deaton}{Project Syndicate}}} -} - -@book{brynjolfsson2014second, - title = {The second machine age: work, progress, and prosperity in a time of brilliant technologies}, - author = {Brynjolfsson, Erik and McAfee, Andrew}, - year = 2014, - publisher = {WW Norton \& Company} -} - -@techreport{assMiddleClass, - title = "Loan Originations and Defaults in the Mortgage Crisis: The Role of the Middle Class", - author = "Manuel Adelino and Antoinette Schoar and Felipe Severino", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = 20848, - year = 2015, - month = "January", - doi = {10.3386/w20848}, - URL = "http://www.nber.org/papers/w20848", - abstract = {We provide new facts on the debt dynamics leading up to the financial crisis of 2007. Earlier research suggests that distortions in the supply of mortgage credit, evidenced by a decoupling of credit flow from income growth, may have caused the rise in house prices and the subsequent housing market collapse. This paper shows that the increase in mortgage originations was shared across the whole distribution of borrowers, and that middle- and high-income borrowers made up the majority of originations even at the peak of the boom. Compared to prior years, middle- and high-income borrowers (not the poor), as well as those with medium and high credit scores, made up a much larger share of delinquencies in the crisis relative to earlier years. We show that the relation between individual mortgage size and income growth during the housing boom was always strongly positive, also in line with previous periods (and independent of how income is measured). These results are most consistent with an expectations based view of the financial crisis in which both homebuyers and lenders were buying into increasing housing values and defaulted once prices dropped. }, -} - -@TECHREPORT{aydinMPCLiq, - title = {The Marginal Propensity to Consume out of Liquidity}, - author = {Aydin, Deniz}, - year = 2015, - institution = {Stanford Institute for Economic Policy Research}, - type = {Discussion Papers}, - number = {15-010}, - abstract = {This paper presents novel tests of competing models of intertemporal consumption behavior using unique European administrative panel data on income, spending and assets. I estimate the marginal propensity to consume (MPC) out of ‘liquidity’ -the debt response to a change in borrowing capacity- using changes in credit card limits in a randomized controlled trial implemented in September 2014 involving fifty-five thousand individuals. I obtain four empirical results: First, borrowing constraints change consumption dynamics even when they are not strictly binding. Two-thirds of the population accumulate a significant average of 20 cent of debt per dollar limit increase, relative to the control group. Second, the heterogeneity of the MPC is exclusively in line with precautionary models, a decreasing function of cash-on-hand. Third, the debt response to liquidity and credit card utilization are stationary. Fourth, additional liquidity is spent mostly on durables and services using installments, with a smaller fraction spent on non-durables and taken out as cash advances. I then use a workhorse Bewley model with realistic income risk and show that the joint dynamics of consumption, debt and the balance sheet in response to a change in borrowing constraints can be used to calibrate and test intertemporal models. Debt response to liquidity shocks identifies preference parameters via a simulated moments estimator. Hump-shaped debt response and mean-reverting credit card utilization are not consistent with myopia as the underlying preferences.}, - keywords = {consumption; debt; borrowing con- straints; precautionary saving; permanent income hypothesis; field experiment.}, - url = {http://EconPapers.repec.org/RePEc:sip:dpaper:15-010}, - notePri = {http://llorracc.net/aydinMPCLiq.pdf} -} - -@article{agarwalQuianSingaporeMPC, - author = {Sumit Agarwal and Wenlan Qian}, - journal = {American Economic Review}, - title = {Consumption and Debt Response to Unanticipated Income Shocks: Evidence from a Natural Experiment in Singapore}, - volume = 104, - number = 12, - year = 2014, - pages = {4205--4230}, -} - -@misc{SSLifeTables, - title = {Actuarial Life Table}, - author = {{Social Security Administration}}, - year = 2010, - note = {available at \url{http://www.ssa.gov/oact/STATS/table4c6.html}}, -} - -@inbook{WhyDoRichSaveNoURL, - author = {Christopher D. Carroll}, - editor = {Joel B. Slemrod}, - title = {Does Atlas Shrug? The Economic Consequences of Taxing the Rich}, - year = 2000, - chapter = 14, - pages = {465--484} -} - -@inbook{WhyDoRichSave, - author = {Christopher D. Carroll}, - booktitle = {Does Atlas Shrug? The Economic Consequences of Taxing the Rich}, - editor = {Joel B. Slemrod}, - publisher = {Harvard University Press}, - title = {Why Do the Rich Save So Much?}, - chapter = 14, - year = 2000, - url = {https://www.econ2.jhu.edu/people/ccarroll/Why.pdf}, -} - -@inbook{WhyDoTheRich, - author = {Christopher D. Carroll}, - booktitle = {Does Atlas Shrug? The Economic Consequences of Taxing the Rich}, - editor = {Joel B. Slemrod}, - publisher = {Harvard University Press}, - title = {Why Do the Rich Save So Much?}, - chapter = 14, - year = 2000, - url = {https://llorracc.github.com/WhyDoTheRich/}, -} - -@article{ksHeteroPort, - author = {Krusell, Per and Smith, Anthony A.}, - journal = {Macroeconomic Dynamics}, - number = 2, - pages = {387--422}, - title = {Income and Wealth Heterogeneity, Portfolio Choice and Equilibrium Asset Returns}, - volume = 1, - year = 1997, -} - -@Article{heathcote_fiscalPolicy, - author = {Jonathan Heathcote}, - title = {Fiscal Policy with Heterogeneous Agents and Incomplete Markets}, - journal = {Review of Economic Studies}, - year = 2005, - volume = 72, - number = 1, - pages = {161--188}, -} - -@article{kaplanViolanteWeidner_wealthyH2M, - author = {Violante, Gianluca and Kaplan, Greg and Weidner, Justin}, - journal = {Brookings Papers on Economic Activity}, - pages = {77--138}, - title = {The Wealthy Hand-to-Mouth}, - volume = {Spring}, - year = 2014, - abstract = {The wealthy hand-to-mouth are households who hold little or no liquid wealth (e.g. cash, checking, and saving accounts), despite owning sizable amounts of illiquid assets (i.e., assets that carry a transaction cost, such as housing, large durables, or retirement accounts). This portfolio configuration implies that these households have large marginal propensities to consume out of small income changes –a key determinant of the macroeconomic effects of fiscal policy. The wealthy hand-to-mouth, therefore, behave in many respects like households with little or no net worth, yet they escape standard definitions (and empirical measurements) of hand-to-mouth agents based on net worth. We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and Spain to document the share of such households across countries, their demographic characteristics, the composition of their balance sheet, and the persistence of hand-to-mouth status over the life cycle. Finally, we discuss the implications of this group of consumers for macroeconomic modelling and policy analysis.}, -} - -@TECHREPORT{kaplanViolanteWeidner_wealthyH2M_SED, - title = {The Wealthy Hand-to-Mouth}, - author = {Violante, Gianluca and Kaplan, Greg and Weidner, Justin}, - year = 2014, - institution = {Society for Economic Dynamics}, - type = {2014 Meeting Papers}, - number = 192, - abstract = {The wealthy hand-to-mouth are households who hold little or no liquid wealth (e.g. cash, checking, and saving accounts), despite owning sizable amounts of illiquid assets (i.e., assets that carry a transaction cost, such as housing, large durables, or retirement accounts). This portfolio configuration implies that these households have large marginal propensities to consume out of small income changes –a key determinant of the macroeconomic effects of fiscal policy. The wealthy hand-to-mouth, therefore, behave in many respects like households with little or no net worth, yet they escape standard definitions (and empirical measurements) of hand-to-mouth agents based on net worth. We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and Spain to document the share of such households across countries, their demographic characteristics, the composition of their balance sheet, and the persistence of hand-to-mouth status over the life cycle. Finally, we discuss the implications of this group of consumers for macroeconomic modelling and policy analysis.}, - url = {http://EconPapers.repec.org/RePEc:red:sed014:192} -} - -@techreport{coronadoEtAl, - author = {Coronado, Julia Lynn and Lupton, Joseph P. and Sheiner, Louise M.}, - institution = {Federal Reserve Board}, - number = 32, - type = {FEDS discussion paper}, - title = {The Household Spending Response to the 2003 Tax Cut: Evidence from Survey Data}, - year = 2005, -} - -@Article{ssBang, - author = {Matthew D. Shapiro and Joel Slemrod}, - title = {Did the 2008 Tax Rebates Stimulate Spending?}, - journal = {American Economic Review}, - year = 2009, - volume = 99, - number = 2, - pages = {374--79}, - month = {May}, - abstract = {Only one-fifth of respondents to a rider on the University of Michigan Survey Research Center's Monthly Survey said that the 2008 tax rebates would lead them to mostly increase spending. Almost half said the rebate would mostly lead them to pay off debt, while about a third saying it would lead them mostly to save more. The survey responses imply that the aggregate propensity to spend from the rebate was about one-third, and that there would not be substantially more spending as a lagged effect of the rebates. Because of the low spending propensity, the rebates in 2008 provided low \"bang for the buck\" as economic stimulus. Putting cash into the hands of the consumers who use it to save or pay off debt boosts their well-being, but it does not necessarily make them spend. Low-income individuals were particularly likely to use the rebate to pay off debt.

    (This abstract was borrowed from another version of this item.)}, - url = {http://ideas.repec.org/a/aea/aecrev/v99y2009i2p374-79.html} -} - -@techreport{pseIncDistributionAndC, - author = {Luigi Pistaferri and Itay Saporta-Eksten}, - institution = {Ministry of Economy and Finance, Italy}, - number = 11, - type = {working paper}, - title = {Changes in the Income Distribution and Aggregate Consumption}, - year = 2012, -} - -@techreport{mcKayPapp:wageRiskOverBC, - author = {McKay, Alisdair and Papp, Tamas}, - institution = {Boston University}, - number = 28, - type = {working paper}, - title = {Accounting for Idiosyncratic Wage Risk Over the Business Cycle}, - year = 2011, -} - -@article{brickerEtAl:SCF2010, - author = {Bricker, Jesse and Kennickell, Arthur B. and Moore, Kevin B. and Sabelhaus, John}, - institution = {Board of Governors of the Federal Reserve System}, - journal = {Federal Reserve Bulletin}, - month = {June}, - number = 2, - pages = {1--80}, - title = {Changes in U.S. Family Finances from 2007 to 2010: Evidence from the Survey of Consumer Finances}, - volume = 98, - year = 2012, -} - -@article{brickerEtAl:topWealth, - author = {Bricker, Jesse and Henriques, Alice M. and Krimmel, Jacob and Sabelhaus, John}, - journal = {Brookings Papers on Economic Activity}, - pages = {261--321}, - title = {Measuring Income and Wealth at the Top Using Administrative and Survey Data}, - volume = {Spring}, - year = 2016, - abstract = {Administrative tax data indicate that U.S. top income and wealth shares are substantial and increasing rapidly (Piketty and Saez 2003, Saez and Zucman 2014). A key reason for using administrative data to measure top shares is to overcome the under-representation of families at the very top that plagues most household surveys. However, using tax records alone restricts the unit of analysis for measuring economic resources, limits the concepts of income and wealth being measured, and imposes a rigid correlation between income and wealth. The Survey of Consumer Finances (SCF) solves the under-representation problem by combining administrative and survey data (Bricker et al, 2014). Administrative records are used to select the SCF sample and verify that high-end families are appropriately represented, and the survey is designed to measure comprehensive concepts of income and wealth at the family level. The SCF shows high and rising top income and wealth shares, as in the ad ministrative tax data. However, unadjusted, the levels and growth based on administrative tax data alone appear to be substantially larger. By constraining the SCF to be conceptually comparable, we reconcile the differences, and show the extent to which restrictions and rigidities needed to estimate top income and wealth shares in the administrative data bias up levels and growth rates.}, - keywords = {Administrative data; survey data; top income shares; top wealth shares}, -} - -@TechReport{brickerEtAl:topWealthWP, - author = {Bricker, Jesse and Henriques, Alice M. and Krimmel, Jacob and Sabelhaus, John}, - title = {Measuring Income and Wealth at the Top Using Administrative and Survey Data}, - year = 2015, - month = Apr, - institution = {Board of Governors of the Federal Reserve System}, - type = {Finance and Economics Discussion Series}, - number = {2015-30}, - abstract = {Administrative tax data indicate that U.S. top income and wealth shares are substantial and increasing rapidly (Piketty and Saez 2003, Saez and Zucman 2014). A key reason for using administrative data to measure top shares is to overcome the under-representation of families at the very top that plagues most household surveys. However, using tax records alone restricts the unit of analysis for measuring economic resources, limits the concepts of income and wealth being measured, and imposes a rigid correlation between income and wealth. The Survey of Consumer Finances (SCF) solves the under-representation problem by combining administrative and survey data (Bricker et al, 2014). Administrative records are used to select the SCF sample and verify that high-end families are appropriately represented, and the survey is designed to measure comprehensive concepts of income and wealth at the family level. The SCF shows high and rising top income and wealth shares, as in the ad ministrative tax data. However, unadjusted, the levels and growth based on administrative tax data alone appear to be substantially larger. By constraining the SCF to be conceptually comparable, we reconcile the differences, and show the extent to which restrictions and rigidities needed to estimate top income and wealth shares in the administrative data bias up levels and growth rates.}, - keywords = {Administrative data; survey data; top income shares; top wealth shares}, -} - -@article{dsSecular, - title = {Fiscal Policy in a Depressed Economy [with Comments and Discussion]}, - author = {DeLong, J Bradford and Summers, Lawrence H}, - journal = {Brookings Papers on Economic Activity}, - pages = {233--297}, - year = 2012, - publisher = {JSTOR} -} - -@Article{diamondOLG, - Title = {National Debt in a Neoclassical Growth Model}, - Author = {Diamond, Peter A.}, - Journal = {American Economic Review}, - Year = 1965, - Month = {December}, - Note = {\url{http://www.jstor.org/stable/1809231}}, - Pages = {1126--1150}, - Volume = 55, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1809231} -} - -@Article{diamond:olg, - Title = {National Debt in a Neoclassical Growth Model}, - Author = {Diamond, Peter A.}, - Journal = {American Economic Review}, - Year = 1965, - Month = {December}, - Note = {\url{http://www.jstor.org/stable/1809231}}, - Pages = {1126--1150}, - Volume = 55, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1809231} -} - -@article{jappelliPistaferri:IncomeItaly, - author = {Tullio Jappelli and Luigi Pistaferri}, - journal = {Review of Economic Dynamics}, - number = 1, - pages = {133--153}, - title = {Does Consumption Inequality Track Income Inequality in Italy?}, - volume = 13, - year = 2010, -} - -@article{pijoanSanchez:IncomeSpain, - author = {Josep Pijoan-Mas and Virginia Sanchez-Marcos}, - journal = {Review of Economic Dynamics}, - number = 1, - pages = {154--178}, - title = {Spain Is Different: Falling Trends of Inequality}, - volume = 13, - year = 2010, -} - -@article{albarranEtAl:IncomeSpain, - author = {Pedro Albarran and Raquel Carrasco and Maite Martinez-Granado}, - journal = {Oxford Bulletin of Economics and Statistics}, - number = 4, - pages = {491--518}, - title = {Inequality for Wage Earners and Self-Employed: Evidence from Panel Data}, - volume = 71, - year = 2009, -} - -@techreport{rostamAfscharYao, - author = {Davud Rostam-Afschar and Jiaxiong Yao}, - type = {mimeo}, - title = {Taxation and Precautionary Savings over the Life Cycle}, - year = 2013, - institution = {Johns Hopkins University} -} - -@techreport{yao:LaborIncomeRisks, - author = {Yao Yao}, - institution = {University of Mannheim}, - type = {mimeo}, - title = {Labor Income Risks in Germany}, - year = 2011, -} - -@techreport{hfcsFirstResults, - author = {{Eurosystem Household Finance and Consumption Network}}, - institution = {European Central Bank}, - type = {Statistics Paper Series}, - number = 2, - title = {The Eurosystem Household Finance and Consumption Survey -- First Results}, - year = 2013, - note = {\url{http://www.ecb.europa.eu/pub/pdf/other/ecbsp2en.pdf}}, -} - -@techreport{hfcsMethReport, - author = {{Eurosystem Household Finance and Consumption Network}}, - institution = {European Central Bank}, - type = {Statistics Paper Series}, - number = 1, - title = {The Eurosystem Household Finance and Consumption Survey -- Methodological Report}, - year = 2013, - note = {\url{http://www.ecb.europa.eu/pub/pdf/other/ecbsp1en.pdf}}, -} - -@article{souleles:responseToReaganCuts, - author = {Souleles, Nicholas S.}, - journal = {Journal of Public Economics}, - pages = {99--120}, - title = {Consumer Response to the Reagan Tax Cuts}, - volume = 85, - year = 2002, -} - -@techreport{johnsonEtAl:2003childTaxCredit, - author = {Johnson, David S. and Parker, Jonathan A. and Souleles, Nicholas S.}, - institution = {The Wharton School}, - type = {working paper}, - title = {The Response of Consumer Spending to Rebates During an Expansion: Evidence from the 2003 Child Tax Credit}, - year = 2009, -} - -@article{red_xSectFacts, - author = {{Review of Economic Dynamics}}, - number = 1, - pages = {1--264}, - note = {edited by by Dirk Krueger, Fabrizio Perri, Luigi Pistaferri and Giovanni L. Violante}, - title = {Special Issue: Cross-Sectional Facts for Macroeconomists}, - volume = 13, - year = 2010 -} - -@book{Deaton2006, - added-at = {2009-08-21T12:19:46.000+0200}, - address = {Baltimore, MD}, - author = {Deaton, {Angus}}, - biburl = {http://www.bibsonomy.org/bibtex/26f2f87784d59d86af8c471e5857865a0/fbw_hannover}, - edition = {3. printing}, - interhash = {7c53d5852b508cc472d541bc99f54519}, - intrahash = {6f2f87784d59d86af8c471e5857865a0}, - isbn = 0801852544, - pagetotal = {VIII, 479}, - ppn_gvk = 485128217, - publisher = {Johns Hopkins Univ. Press}, - subtitle = {a microeconometric approach to development policy}, - timestamp = {2009-08-21T12:19:46.000+0200}, - title = {The analysis of household surveys}, - url = {http://gso.gbv.de/DB=2.1/CMD?ACT=SRCHA&SRT=YOP&IKT=1016&TRM=ppn+485128217&sourceid=fbw_bibsonomy}, - year = 2000 -} - -@ARTICLE{mianSufi:aerBorrowing, - author = {Atif R. Mian and Amir Sufi}, - title = {House Prices, Home Equity-Based Borrowing, and the {U.S.} Household Leverage Crisis}, - journal = {American Economic Review}, - pages = {2132--2156}, - year = 2011, - volume = 101, - owner = {Jirka}, - timestamp = {2011.01.14} -} - -@book{msScarcity, - title = {Scarcity: Why Having Too Little Means So Much}, - author = {Mullainathan, Sendhil and Shafir, Eldar}, - year = 2013, - publisher = {Macmillan} -} - -@inbook{engelCurve, - title = {Die productions- und consumptionsverh{\"a}ltnisse des K{\"o}nigsreichs Sachsen}, - author = {Engel, Ernst}, - publisher = {C. Heinrich}, - address = {Dresden}, - year = 1857, - booktitle = {Die Lebenkosten Belgischer Arbeiter-Familien}, -} - -@book{dmConsumer, - author = {Deaton, Angus and John Muellbauer}, - title = {Economics and Consumer Behavior}, - publisher = {Cambridge University Press}, - year = 1980, - address = {New York} -} - -@TECHREPORT{deatonWorldBankReview, - author = {Deaton, Angus (Chair) and Abhijit Banerjee (MIT), Nora Lustig (UNDP), and Kenneth Rogoff (Harvard.)}, - title = {{A}n {E}valuation of {W}orld {B}ank {R}esearch, 1998 - 2005}, - year = 2012, - file = {deatonWorldBankReview.pdf:deatonWorldBankReview.pdf:PDF}, - owner = {ccarroll}, - timestamp = {2013.05.27}, - url = {http://siteresources.worldbank.org/DEC/Resources/84797-1109362238001/726454-1164121166494/RESEARCH-EVALUATION-2006-Main-Report.pdf} -} - -@TECHREPORT{deatonWorldBankReviewNotes, - author = {Deaton, Angus (Chair) and Abhijit Banerjee (MIT) and Nora Lustig (UNDP) and Kenneth Rogoff (Harvard.)}, - title = {{A}n {E}valuation of {W}orld {B}ank {R}esearch, 1998 - 2005}, - year = 2012, - file = {deatonWorldBankReview.pdf:deatonWorldBankReview.pdf:PDF}, - owner = {ccarroll}, - timestamp = {2013.05.27}, - url = {http://siteresources.worldbank.org/DEC/Resources/84797-1109362238001/726454-1164121166494/RESEARCH-EVALUATION-2006-Main-Report.pdf} -} - -@BOOK{NBERwise11-2, - title = {{I}nvestigations in the {E}conomics of {A}ging}, - publisher = {University of Chicago Press}, - year = 2012, - author = {David A. Wise}, - institution = {National Bureau of Economic Research}, - type = {Book}, - url = {http://www.nber.org/books/wise11-2} -} - -@BOOK{Eminent, - title = {{E}minent {E}conomists {II}}, - publisher = {Cambridge University Press}, - year = 2014, - author = {Michael Szenberg and Lall Ramrattan}, - address = {Cambridge} -} - -@article{cartwrightRCTs, - author = {Nancy Cartwright}, - title = {Are RCTs the Gold Standard?}, - journal = {BioSocieties}, - volume = 2, - number = 1, - pages = {11--20}, - year = 2007 -} - -@article{onionLeisure, - author = {Zweibel, Herbert}, - year = 2005, - title = {180 Trillion Leisure Hours Lost To Work Last Year}, - url = {http://www.theonion.com/articles/180-trillion-leisure-hours-lost-to-work-last-year,1282/}, - note = {\url{http://www.theonion.com/articles/180-trillion-leisure-hours-lost-to-work-last-year,1282/}}, - journal = {The Onion} -} - -@article{stoneDemand, - author = {Stone, J.~R.~N.}, - title = {Linear Expenditure Systems and Demand Analysis: An Application to the Pattern of British Demand}, - journal = {Economic Journal}, - year = 1954, - month = {Sep}, - pages = {511--27}, - volume = 64 -} - -@article{theilDemand, - author = {Theil, Henri}, - journal = {Econometrica}, - year = 1965, - volume = 33, - pages = {67--87}, - month = {Jan} -} - -@article{muellbauerAggregation, - jstor_articletype ={research-article}, - title = {Aggregation, Income Distribution and Consumer Demand}, - author = {Muellbauer, John}, - journal = {The Review of Economic Studies}, - volume = 42, - number = 4, - jstor_formatteddate ={Oct., 1975}, - pages = {pp. 525-543}, - url = {http://www.jstor.org/stable/2296792}, - ISSN = 00346527, - language = {English}, - year = 1975, - publisher = {Oxford University Press}, - copyright = {Copyright © 1975 The Review of Economic Studies, Ltd.}, -} - -@ARTICLE{delongSage, - author = {deLong, J.~Bradford}, - title = {This Time, It Is {\it Not} Different}, - journal = {Rethinking Finance: Perspectives on the Crisis}, - year = 2012, - note = {\url{http://www.russellsage.org/rethinking-finance}}, - file = {delongSage.pdf:delongSage.pdf:PDF}, - url = {http://www.russellsage.org/rethinking-finance} -} - -@MISC{HMD, - author = {\url{www.mortality.org}}, - title = {Human~Mortality~Database}, - howpublished = {University of California, Berkeley (USA), and Max Planck Institute for Demographic Research (Germany).}, - year = 2008, - note = {Available at {\url{www.mortality.org}}} -} - -@ARTICLE{aafMinWage, - author = {Aaronson, Daniel and Agarwal, Sumit and French, Eric}, - title = {The Spending and Debt Response to Minimum Wage Hikes}, - journal = {Federal Reserve Board of Chicago Working Paper}, - year = 2011, - volume = {2007-23}, - pages = 14 -} - -@INCOLLECTION{abm:parallel, - author = {Abdelkhalek, Ahmed and Bilas, Angelos and Michaelides, Alexander}, - title = {Parallelization, Optimization, and Performance Analysis of Portfolio Choice Models}, - booktitle = {Proceedings of the 30th International Conference on Parallel Processing}, - year = 2001, - address = {Valencia, Spain}, - month = {September 3-7} -} - -@ARTICLE{abel:habitsinGE, - author = {Abel, Andrew B.}, - title = {Risk Premia and Term Premia in General Equilibrium}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 43, - pages = {3--33}, - number = 1, - month = {February} -} - -@ARTICLE{abel:aerhabits, - author = {Abel, Andrew B.}, - title = {Asset Prices under Habit Formation and Catching Up with the Joneses}, - journal = {American Economic Review}, - year = 1990, - volume = 80, - pages = {38--42}, - number = 2, - month = May -} - -@ARTICLE{abel:q, - author = {Abel, Andrew B.}, - title = {A Dynamic Model of Investment and Capacity Utilization}, - journal = {Quarterly Journal of Economics}, - year = 1981, - volume = 96, - pages = {379--403}, - number = 3 -} - -@Article{acemogluCrisis, - Title = {The Crisis of 2008: Structural Lessons For and From Economics}, - Author = {Acemoglu, Daron}, - Journal = {Manuscript, MIT}, - Year = 2009, - Note = {See also the discussion at \url{http://economistsview.typepad.com/economistsview/2009/01/acemoglu-the-mo.html}}, - Owner = {Nic Johnson}, - Url = {http://econ-www.mit.edu/files/3703} -} - -@ARTICLE{as94, - author = {Acemoglu, Daron and Scott, Andrew}, - title = {Consumer Confidence and Rational Expectations: Are Agents' Beliefs Consistent with the Theory?}, - journal = {The Economic Journal}, - year = 1992, - volume = 104, - pages = {1--19} -} - -@ARTICLE{ab03, - author = {Vera A. Adamchik and Arjun S. Bedi}, - title = {Gender Pay Differentials during the Transition in {P}oland}, - journal = {The Economics of Transition}, - year = 2003, - volume = 11, - pages = {697--726}, - number = 4 -} - -@ARTICLE{acScrapping, - author = {Adda, Jerome and Cooper, Russell}, - title = {Balladurette and Juppette: A Discrete Analysis of Scrapping Subsidies}, - journal = {Manuscript, Department of Economics, Boston University}, - year = 1997 -} - -@Article{aslCredit, - author = {Sumit Agarwal and Chunlin Liu and Nicholas S. Souleles}, - title = {The Reaction of Consumer Spending and Debt to Tax Rebates--Evidence from Consumer Credit Data}, - journal = {Journal of Political Economy}, - year = 2007, - volume = 115, - number = 6, - pages = {986--1019}, - month = {December}, - url = {http://www.nber.org/papers/w13694} -} - -@TECHREPORT{abC, - author = {Aguiar, Mark A. and Mark Bils}, - title = {Has Consumption Inequality Mirrored Income Inequality?}, - institution = {National Bureau of Economic Research, Inc}, - year = 2011, - type = {NBER Working Paper}, - number = 16807, - month = Feb, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/16807.html}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/abC.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/abC.pdf:PDF}, - url = {http://ideas.repec.org/p/nbr/nberwo/16807.html} -} - -@ARTICLE{AguiarAmador11, - author = {Aguiar, M. and Amador, M.}, - title = {Growth in the Shadow of Expropriation}, - journal = {The Quarterly Journal of Economics}, - year = 2011, - volume = 126, - pages = {651--697}, - number = 2 -} - -@TECHREPORT{ap05, - author = {Henning Ahnert and Adrian Page}, - title = {Euro Area Residential Property Prices: The Aggregation of Non-Harmonised National Data}, - institution = {Bank for International Settlements}, - year = 2005, - type = {BIS papers}, - number = {21: Real Estate Indicators and Financial Stability} -} - -@ARTICLE{aiyagari:ge, - author = {Aiyagari, S. Rao}, - title = {Uninsured Idiosyncratic Risk and Aggregate Saving}, - journal = {Quarterly Journal of Economics}, - year = 1994, - volume = 109, - pages = {659--684} -} - -@MISC{aiyagari:opttax, - author = {Aiyagari, S. Rao}, - title = {Optimal Capital Income Taxation with Incomplete Markets and Borrowing Constraints}, - howpublished = {Federal Reserve Bank of Minneapolis Working Paper Number~508}, - year = 1993 -} - -@ARTICLE{akerlofNobel, - author = {Akerlof, George A.}, - title = {Behavioral Macroeconomics and Macroeconomic Behavior}, - journal = {American Economic Review}, - year = 2002, - volume = 92, - pages = {411--433}, - number = 3, - note = {\url{https://www.aeaweb.org/articles.php?doi=10.1257/00028280260136192}}, - doi = {10.1257/00028280260136192}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akerlofNobel.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akerlofNobel.pdf:PDF}, - url = {https://www.aeaweb.org/articles.php?doi=10.1257/00028280260136192} -} - -@ARTICLE{ayNearRational, - author = {Akerlof, George A. and Janet L. Yellen}, - title = {A Near-rational Model of the Business Cycle, with Wage and Price Intertia}, - journal = {The Quarterly Journal of Economics}, - year = 1985, - volume = 100, - pages = {823--38}, - number = 5 -} - -@ARTICLE{adp:two, - author = {Akerlof, George and Dickens, William and Perry, George}, - title = {Near-Rational Wage and Price Setting and the Long-Run Phillips Curve}, - journal = {Brookings Papers in Economic Activity}, - year = 2000, - volume = {(2000:1)}, - pages = {1--60} -} - -@ARTICLE{adp:one, - author = {Akerlof, George and Dickens, William and Perry:, George}, - title = {The Macroeconomics of Low Inflation}, - journal = {Brookings Papers in Economic Activity}, - year = 1996, - volume = {(1996:1)}, - pages = {1--76} -} - -@ARTICLE{fa:lenin, - author = {Alesina, Alberto and Fuchs-Schundeln, Nicola}, - title = {Good Bye Lenin (Or Not?) The Effect of Communism on People's Preferences}, - journal = {Manuscript, Harvard University}, - year = 2006 -} - -@TECHREPORT{ai07, - author = {Alberto Alesina and Andrea Ichino}, - title = {Gender-based Taxation}, - institution = {Harvard University}, - year = 2007, - type = {mimeo} -} - -@ARTICLE{alesina&rodrik:inequality, - author = {Alesina, Alberto and Rodrik, Dani}, - title = {Distributive Politics and Economic Growth}, - journal = {Quarterly Journal of Economics}, - year = 1994, - volume = 109, - pages = {465--90}, - number = 2, - month = {May} -} - -@ARTICLE{aklCohorts, - author = {Alessie, Rob and Kapteyn, Arie and Lusardi, Annamaria}, - title = {Explaining the Wealth Holdings of Different Cohorts: Productivity Growth and Social Security}, - journal = {European Economic Review}, - year = 2005, - volume = 49, - pages = {1361--1381}, - month = {July} -} - -@ARTICLE{alessie&lusardi:habits, - author = {Alessie, Rob and Lusardi, Annamaria}, - title = {Consumption, Saving, and Habit Formation}, - journal = {Economics Letters}, - year = 1997, - volume = 55, - pages = {103--108} -} - -@TECHREPORT{at02, - author = {Rob Alessie and Frederica Teppa}, - title = {Saving and Habit Formation: Evidence from the Dutch Panel Data}, - institution = {CentER, Tilburg University}, - year = 2002, - type = {discussion paper}, - number = 62 -} - -@ARTICLE{algana, - author = {Algan, Yann and Allais, Oliver and Den~Haan, Wouter J.}, - title = {Solving Heterogeneous-agent Models with Parameterized Cross-sectional Distributions}, - journal = {Journal of Economic Dynamics and Control}, - year = 2008, - volume = 32, - pages = {875--908}, - number = 3, - month = {March} -} - -@ARTICLE{alganb, - author = {Algan, Yann and Allais, Oliver and Haan, Wouter~J. Den}, - title = {Solving the Incomplete Markets Model with Aggregate Uncertainty Using Parameterized Cross-sectional Distributions}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{allen&carroll:individual, - author = {Allen, Todd M. and Carroll, Christopher D.}, - title = {Individual Learning About Consumption}, - journal = {Macroeconomic Dynamics}, - year = 2001, - volume = 5, - number = 4, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/IndivLearningAboutC.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/IndivLearningAboutC.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/IndivLearningAboutC.pdf} -} - -@TECHREPORT{ags05, - author = {Filippo Altissimo and Evaggelia Georgiou and Teresa Sastre and Maria Teresa Valderrama and Gabriel Sterne and Marc Stocker and Mark Weth and Karl Whelan and Alpo Willman}, - title = {Wealth and Asset Price Effects on Economic Activity}, - institution = {European Central Bank}, - year = 2005, - type = {occasional paper series}, - number = 29 -} - -@ARTICLE{ahk:altruism, - author = {Altonji, Joseph G., Fumio Hayashi and Kotlikoff, Laurence J.}, - title = {Is the Extended Family Altruistically Linked?}, - journal = {American Economic Review}, - year = 1992, - volume = 82, - pages = {1177--98}, - number = 5 -} - -@ARTICLE{aclvJoy, - author = {Ameriks, John and Caplin, Andrew and Laufer, Steven and Van Nieuwerburgh, Stijn}, - title = {The Joy Of Giving Or Assisted Living? Using Strategic Surveys To Separate Public Care Aversion From Bequest Motives}, - journal = {The Journal of Finance}, - year = 2011, - volume = 66, - pages = {519--561}, - number = 2, - publisher = {Wiley Online Library} -} - -@ARTICLE{as07, - author = {Sungbae An and Frank Schorfheide}, - title = {Bayesian Analysis of DSGE Models}, - journal = {Econometric Reviews}, - year = 2007, - volume = {2--4}, - pages = {113--172}, - number = 26 -} - -@ARTICLE{ahlrStateSpace, - author = {Andersen, Steffen and Glenn W. Harrison and Morten I. Lau and Elisabet Rutstrom}, - title = {Lost in State Space: Are Preferences Stable?}, - journal = {International Economic Review}, - year = 2008, - volume = 49, - pages = {1091--1112}, - number = 3, - note = {\url{http://dx.doi.org/10.1111/j.1468-2354.2008.00507.x}}, - abstract = {We use field experiments to examine the temporal stability of risk preferences. Over a 17-month period, we elicited risk preferences from subjects chosen to be representative of the adult Danish population. During this period we revisited many of these subjects and repeated a risk aversion elicitation task. We find some variation in risk attitudes over time, but we do not detect a general tendency for risk attitudes to increase or decrease over a 17-month span. The results also suggest that risk preferences are state contingent with respect to personal finances.}, - doi = {10.1111/j.1468-2354.2008.00507.x}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahlrStateSpace.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahlrStateSpace.pdf:PDF}, - issn = {1468-2354}, - publisher = {Blackwell Publishing Inc}, - url = {http://dx.doi.org/10.1111/j.1468-2354.2008.00507.x} -} - -@TECHREPORT{aln05, - author = {Javier Andres and J. David Lopez-Salido and Edward Nelson}, - title = {Sticky-Price Models and the Natural Rate Hypothesis}, - institution = {Federal Reserve Bank of St. Louis}, - year = 2005, - type = {Working Paper}, - number = {2005-018A} -} - -@ARTICLE{andrews:hac, - author = {Andrews, Donald W. K.}, - title = {Heteroskedasticity and Autocorrelation Consistent Covvariance Matrix Estimation}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {817--858}, - number = 3 -} - -@ARTICLE{ams06, - author = {Donald W. K. Andrews and Marcelo J. Moreira and James H. Stock}, - title = {Optimal Two-sided Invariant Similar Tests for Instrumental Variables Regression}, - journal = {Econometrica}, - year = 2006, - volume = 74, - pages = {715--752}, - number = 3 -} - -@article{paEntrep, - title = {Financial Integration, Entrepreneurial Risk and Global Dynamics}, - author = {Angeletos, George-Marios and Panousi, Vasia}, - journal = {Journal of Economic Theory}, - volume = 146, - number = 3, - pages = {863--896}, - year = 2011, - url = {http://dx.doi.org/10.1016/j.jet.2011.02.001}, - publisher = {Elsevier} -} - -@ARTICLE{paEntrep-InPress, - author = {Angeletos, George-Marios and Panousi, Vasia}, - title = {Financial Integration, Entrepreneurial Risk and Global Dynamics}, - journal = {Journal of Economic Theory}, - year = 2011, - volume = {In Press, Corrected Proof}, - pages = {-}, - bdsk-url-1 = {http://www.sciencedirect.com/science/article/B6WJ3-523V3MJ-2/2/6c200dd3b59cce0b683246ed465f2dff}, - bdsk-url-2 = {http://dx.doi.org/10.1016/j.jet.2011.02.001}, - doi = {DOI: 10.1016/j.jet.2011.02.001}, - issn = {0022-0531}, - keywords = {Global imbalances}, - url = {http://www.sciencedirect.com/science/article/B6WJ3-523V3MJ-2/2/6c200dd3b59cce0b683246ed465f2dff} -} - -@ARTICLE{angrist&krueger:TSIV, - author = {Angrist, Joshua D. and Krueger, Alan B.}, - title = {The Effect of Age at School Entry on Educational Attainment: An Application of Instrumental Variables with Moments from Two Samples}, - journal = {Journal of the American Statistical Association}, - year = 1992, - volume = 87, - pages = {328--26}, - month = {June} -} - -@TECHREPORT{Antoniewicz:2000, - author = {Antoniewicz, Rochelle L.}, - title = {A Comparison of the Household Sector from the Flow of Funds Accounts and the Survey of}, - institution = {Federal Reserve Board}, - year = 2000, - month = {October} -} - -@PHDTHESIS{arbatliThesis, - author = {Arbatli, Elif C.}, - title = {Persistence Of Income Shocks And The Intertemporal Model Of The Current Account}, - school = {Johns Hopkins University}, - year = 2008, - month = {November} -} - -@ARTICLE{arifovic:stability, - author = {Arifovic, Jasmina}, - title = {Stability of Equilibria under Genetic Algorithm Adaption: an Analysis}, - journal = {Macroeconomic Dynamics}, - year = 1998, - volume = 2, - pages = {1--21} -} - -@ARTICLE{arifovic:exchangerate, - author = {Arifovic, Jasmina}, - title = {The Behavior of the Exchange Rate in the Genetic Algorithm and Experimental Economies}, - journal = {Journal of Political Economy}, - year = 1996, - volume = 104, - pages = {510--541} -} - -@ARTICLE{arifovic:inflation, - author = {Arifovic, Jasmina}, - title = {Genetic Algorithms and Inflationary Economies}, - journal = {Journal of Monetary Economics}, - year = 1995, - volume = 36, - pages = {219--243} -} - -@ARTICLE{arifovic:cobweb, - author = {Arifovic, Jasmina}, - title = {Genetic Algorithm Learning and the Cobweb Model}, - journal = {Journal of Economic Dynamics and Control}, - year = 1994, - volume = 18, - pages = {3--28} -} - -@ARTICLE{abd:transition, - author = {Arifovic, Jasmina and Bullard, James and Duffy, John}, - title = {The Transition from Stagnation to Growth: An Adaptive Learning Approach}, - journal = {Journal of Economic Growth}, - year = 1997, - volume = 2, - pages = {185--209} -} - -@BOOK{aristotleFallacies, - title = {On Sophistical Refutations}, - publisher = {The Wikipedia Foundation}, - url = {https://en.wikipedia.org/wiki/Sophistical_Refutations}, - year = {350 BC}, - author = {Aristotle} -} - -@TECHREPORT{aeh02, - author = {Arnold, Ivo and {van Els}, Peter and {de Haan}, Jakob}, - title = {Wealth Effects and Monetary Policy}, - institution = {De Nederlandsche Bank}, - year = 2002, - type = {Research memorandum}, - number = 719 -} - -@TECHREPORT{muellbauerEtAl_assa09, - author = {Aron, Janine and Duca, John and Muellbauer, John and Murata, Keiko and Murphy, Anthony}, - title = {Credit, Housing, Collateral and Consumption: Evidence from the UK, Japan and the US}, - institution = {University of Oxford}, - year = 2008, - type = {mimeo} -} - -@TECHREPORT{AronEtAl:2010, - author = {Aron, Janie and Duca, John V. and Muellbauer, John and Murata, Keiko and Murphy, Anthony}, - title = {Credit, Housing Collateral and Consumption: Evidence from the UK, Japan and the US}, - institution = {Federal Reserve Bank of Dallas}, - year = 2010, - type = {Working Paper}, - number = 1002, - month = May -} - -@INCOLLECTION{arrow:applications, - author = {Arrow, Kenneth A.}, - title = {Applications of Control Theory to Economic Growth}, - booktitle = {Mathematics of the Decision Sciences, Part II}, - publisher = {American Mathematical Society}, - year = 1968, - address = {Providence, RI} -} - -@BOOK{arrow1971etr, - title = {{Essays in the Theory of Risk-Bearing}}, - publisher = {North-Holland}, - year = 1971, - author = {Arrow, Kenneth J.} -} - -@TECHREPORT{art05, - author = {Arthur, Stephan V.}, - title = {Obtaining Real Estate Data: Criteria, Difficulties and Limitations}, - institution = {Bank for International Settlements}, - year = 2005, - type = {BIS papers}, - number = {21: Real Estate Indicators and Financial Stability} -} - -@ARTICLE{arthur:likehumans, - author = {Arthur, W. Brian}, - title = {On Designing Economic Agents That Behave Like Human Agents}, - journal = {Journal of Evolutionary Economics}, - year = 1993, - volume = 3, - pages = {1--22} -} - -@INCOLLECTION{arthuretal:artificialstock, - author = {Arthur, W. Brian and Holland, John H. and LeBaron, Blake and Palmer, Richard and Tayler, Paul}, - title = {Asset Pricing Under Endogenous Expectations in an Artificial Stock Market}, - booktitle = {The Economy as an Evolving Complex System II}, - publisher = {Addison Wesley Longman}, - year = 1997, - editor = {Arthur, W. Brian and Durlauf, Steven N. and Lane, David} -} - -@ARTICLE{ahlpt:artificial, - author = {Arthur, W. Brian and Holland, John H. and LeBaron, Blake and Palmer, Richard and Tayler, Paul}, - title = {Asset Pricing Under Endogenous Expectations in an Artifical Stock Market}, - journal = {Santa Fe Institute Working Paper}, - year = 1997 -} - -@ARTICLE{arthur&lane:contagion, - author = {Arthur, W. Brian and Lane, David A.}, - title = {Information Contagion}, - journal = {Economic Dynamics and Structural Change}, - year = 1993, - volume = 4, - pages = {81--104} -} - -@ARTICLE{aroubaBehaved, - author = {Aruoba, S.~Boragan}, - title = {Data Revisions Are Not Well Behaved}, - journal = {Journal of Money, Credit, and Banking}, - year = 2008, - volume = 40, - pages = {319--340}, - number = {2-3} -} - -@ARTICLE{akRiskSharing, - author = {Asdrubali, Pierfederico and Kim, Soyoung}, - title = {Dynamic Risksharing in the United States and Europe}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - pages = {809--836}, - note = {\\ \url{http://dx.doi.org/10.1016/j.jmoneco.2003.09.002}}, - doi = {doi:10.1016/j.jmoneco.2003.09.002}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akRisksharing.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akRisksharing.pdf:PDF}, - url = {http://dx.doi.org/10.1016/j.jmoneco.2003.09.002} -} - -@ARTICLE{ASY:1996, - author = {Asdrubali, Pierfederico and Sorensen, Bent and Yosha, Oved}, - title = {Channels of interstate risksharing: United States 1963-1990}, - journal = {Quarterly Journal of Economics}, - year = 1996, - volume = 111, - pages = {1081--1110} -} - -@ARTICLE{Athanasoulis/Wincoop:2001, - author = {Athanasoulis, Stefano G. and van Wincoop, Eric}, - title = {Risk sharing within the United States: what do financial markets and fiscal federalism accomplish}, - journal = {The Review of Economics and Statistics}, - year = 2001, - volume = 83, - pages = {688--698}, - number = 4 -} - -@ARTICLE{Athanasoulis/Wincoop:2000, - author = {Athanasoulis, Stefano G. and van Wincoop, Eric}, - title = {Growth uncertainty and risksharing}, - journal = {Journal of Monetary Economics}, - year = 2000, - volume = 45, - pages = {477--505} -} - -@ARTICLE{atkeson&ogaki:ies, - author = {Atkeson, Andrew and Ogaki, Masao}, - title = {Wealth-Varying Intertemporal Elasticities of Substitution: Evidence from Panel and Aggregate Data}, - journal = {Journal of Monetary Economics}, - year = 1996, - volume = 38, - pages = {507--534}, - number = 3 -} - -@BOOK{atkinson&stiglitz:pubecon, - title = {Lectures on Public Economics}, - publisher = {McGraw-Hill BOOK Company}, - year = 1980, - author = {{Atkinson, Anthony B.} and {Joseph E. Stiglitz}}, - address = {New York} -} - -@ARTICLE{Attanasio:2000, - author = {Attanasio, O.}, - title = {Consumer Durables and Inertial Behavior: Estimation and Aggregation of (S,s) Rules for Automobile Purchase}, - journal = {Review of Economic Studies}, - year = 2000, - volume = 67, - pages = {667--696}, - number = 4 -} - -@ARTICLE{AttanasioBanksMeghirWeber, - author = {Attanasio, O.P. and Banks, J. and Meghir, C. and Weber, G.}, - title = {Humps and Bumps in Lifetime Consumption}, - journal = {Journal of Business and Economic Statistics}, - year = 1999, - volume = 17, - pages = {22--35}, - number = 1, - publisher = {JSTOR} -} - -@ARTICLE{abt02, - author = {Orazio Attanasio and James Banks and Sarah Tanner}, - title = {Asset Holding and Consumption Volatility}, - journal = JPE, - year = 2002, - volume = 110, - pages = {771--92}, - number = 4, - month = {August} -} - -@ARTICLE{abiReally, - author = {Attanasio, Orazio and Battistin, Erich and Ichimura, Hidehiko}, - title = {What Really Happened to Consumption Inequality in the US?}, - journal = {NBER Working Papers}, - year = 2004, - publisher = {National Bureau of Economic Research, Inc} -} - -@BOOK{attanasioCEvsNIPA, - title = {Inequality in Living Standards Since 1980: Evidence from Expenditure Data}, - publisher = {American Enterprise Institute}, - year = 2010, - author = {Attanasio, Orazio and Battistin, Erich and Padula, Mario}, - month = {May}, - bdsk-url-1 = {http://www.homepages.ucl.ac.uk/~uctpjrt/Files/abp_rev_V.pdf}, - url = {http://www.homepages.ucl.ac.uk/~uctpjrt/Files/abp_rev_V.pdf} -} - -@ARTICLE{abhlExpectations, - author = {Attanasio, Orazio and Blow, Laura and Hamilton, Robert and Leicester, Andrew}, - title = {Consumption, House Prices, and Expectations}, - journal = {Bank of England Working Paper Number 271}, - year = 2008 -} - -@INCOLLECTION{ahpInequality, - author = {Attanasio, Orazio and Erik Hurst and Luigi Pistaferri}, - title = {Measuring the Evolution of Inequality and Poverty with the Consumer Expenditure Survey and Alternative Data Sources}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {CRIW, University of Chicago Press}, - year = 2013, - note = {\\ \url{http://www.nber.org/papers/w17982}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahpInequality.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahpInequality.pdf:PDF} -} - -@ARTICLE{aps:sgi, - author = {Attanasio, Orazio and Picci, Lucio and Scorcu, Antonello}, - title = {Saving, Growth, and Investment: A Macroeconomic Analysis Using a Panel of Countries}, - journal = {Review of Economics and Statistics}, - year = 2000, - volume = 82, - number = 1, - month = May -} - -@ARTICLE{oAaV03, - author = {Orazio Attanasio and Annette Vissing-Jorgensen}, - title = {Stock Market Participation, Intertemporal Subsititution and Risk Aversion}, - journal = AERPP, - year = 2003, - volume = 93, - pages = {383--91}, - number = 2, - month = {May} -} - -@ARTICLE{AttanasioEtAl:2009, - author = {Attanasio, Orazio P. and Blow, Laura and Hamilton, Robert and Leicester, Andrew}, - title = {Booms and Busts: Consumption, House Prices and Expectations}, - journal = {Economica}, - year = 2009, - volume = 76, - pages = {20--50}, - number = 301, - month = 02 -} - -@Article{adInsurance, - author = {Orazio Attanasio and Steven J. Davis}, - title = {Relative Wage Movements and the Distribution of Consumption}, - journal = {Journal of Political Economy}, - year = 1996, - volume = 104, - number = 6, - pages = {1227--62}, - month = {December}, -} - -@ARTICLE{attanasio&pavoni:hidden, - author = {Attanasio, Orazio P. and Pavoni, Nicola}, - title = {Risk Sharing with Moral Hazard and Hidden Saving}, - journal = {Manuscript, University College London}, - year = 2005 -} - -@INCOLLECTION{akg:genaccts, - author = {Auerbach, Alan J. and Kotlikoff, Laurence J. and Gokhale, Jagadeesh}, - title = {Generational Accounting: A Meaningful Alternative to Deficit Accounting}, - booktitle = {Tax Policy and the Economy}, - publisher = {MIT Press}, - year = 1991, - editor = {Bradford, David}, - volume = 5, - address = {Cambridge, MA} -} - -@ARTICLE{aks:reform, - author = {Auerbach, Alan J. and Kotlikoff, Laurence J. and Skinner, Jonathan S.}, - title = {The Efficiency Gains from Dynamic Tax Reform}, - journal = {International Economic Review}, - year = 1983, - volume = 24, - pages = {81--100} -} - -@BOOK{auerbach&kotlikoff:policy, - title = {Dynamic Fiscal Policy}, - publisher = {Cambridge University Press}, - year = 1987, - author = {{Auerbach, Alan J.} and {Laurence J. Kotlikoff}}, - address = {New York} -} - -@ARTICLE{auten&joulfaian:charitable, - author = {Auten, Gerald and Joulfaian, David}, - title = {Charitable Contributions and Intergenerational Transfers}, - journal = {Journal of Public Economics}, - year = 1996, - volume = 59, - pages = {55--68}, - number = 1 -} - -@INCOLLECTION{benabou:inequality, - author = {B{\'}enabou, Roland}, - title = {Inequality and Growth}, - booktitle = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 1996, - editor = {Bernanke, Ben S. and Rotemberg, Julio J.}, - volume = 11, - pages = {11--74}, - address = {Cambridge, MA}, - journal = {National Bureau of Economic Research Macroeconomics Annual} -} - -@INCOLLECTION{borsch-supan:retirement, - author = {B{\"}orsch-Supan, Axel}, - title = {Germany: A Social Security System on the Verge of Collapse}, - booktitle = {Redesigning Social Security}, - publisher = {Institut f{\"}ur Weltwirtschaft an der Universit{\"}at Kiel}, - year = 1998, - editor = {Seibert, Horst}, - address = {T{\"}ubingen : Mohr Siebeck} -} - -@ARTICLE{Backus:1992, - author = {Backus, David K. and Kehoe, Patrick J. and Kyland, Finn E.}, - title = {International Real Business Cycles}, - journal = {The Journal of International Economics}, - year = 1998, - volume = 44, - pages = {289--313} -} - -@ARTICLE{bagwell&bernheim:sex, - author = {Bagwell, Kyle and Bernheim, B. Douglas}, - title = {Is Everything Neutral?}, - journal = {Journal of Political Economy}, - year = 1988, - volume = 96, - pages = {308--338}, - number = 2 -} - -@ARTICLE{blaDebt, - author = {Baily, Martin N. and Lund, Susan and Atkins, Charles}, - title = {Will US Consumer Debt Reduction Cripple the Recovery?}, - journal = {McKinsey Global Institute}, - year = 2009, - month = {April} -} - -@TECHREPORT{mckinseyC, - author = {Baily, Martin N. and Lund, Susan and Atkins, Charles}, - title = {Will US Consumer Debt Reduction Cripple the Recovery?}, - institution = {McKinsey Global Institute}, - year = 2009, - type = {report} -} - -@ARTICLE{bakshi&chen:spirit, - author = {Bakshi, Gurdip and Chen, Zhiwu}, - title = {The Spirit of Capitalism and Stock-Market Prices}, - journal = {American Economic Review}, - year = 1996, - volume = 86, - pages = {133--157}, - number = 1 -} - -@ARTICLE{ball:nearrationalQJE, - author = {Ball, Laurence}, - title = {Near-Rationality and Inflation in Two Monetary Regimes}, - journal = {NBER Working Paper No. W7988}, - year = 2000, - month = {October} -} - -@ARTICLE{ball:credibilityregcite, - author = {Ball, Laurence}, - title = {Disinflation with Imperfect Credibility}, - journal = {Journal of Monetary Economics}, - year = 1995, - volume = {XXXV (1995)}, - pages = {5--23} -} - -@ARTICLE{bmr:phillips, - author = {Ball, Lawrence and Mankiw, N. Gregory and Romer, David}, - title = {The New Keynesian Economics and the Output-Inflation Tradeoff}, - journal = {Brookings Papers on Economic Activity}, - year = 1988, - volume = 1988, - pages = {1--65}, - number = 1 -} - -@ARTICLE{ball&moffitt:pty, - author = {Ball, Laurence and Moffitt, Robert}, - title = {Productivity Growth and the Phillips Curve}, - journal = {Johns Hopkins University Department of Economics Working Paper Number 450}, - year = 2001, - month = {June} -} - -@ARTICLE{baro90, - author = {Laurence Ball and David Romer}, - title = {Real Rigidities and the Nonneutrality of Money}, - journal = {Review of Economic Studies}, - year = 1990, - volume = 57, - pages = {539--552}, - number = {April} -} - -@INPROCEEDINGS{Ball1994, - author = {Laurence M. Ball}, - title = {What Determines the Sacrifice Ratio?}, - booktitle = {Monetary Policy}, - year = 1994, - editor = {N. Gregory Mankiw}, - publisher = {University of Chicago Press} -} - -@BOOK{bal02, - title = {Econometrics}, - publisher = {Springer}, - year = 2002, - author = {Badi H. Baltagi}, - edition = {Third} -} - -@ARTICLE{barata&pacheco:monetarypolicy, - author = {Barata, Jos{\`}e M. and Pacheco, Luis M.}, - title = {Asset Prices and Monetary Policy: Wealth Effects on Consumption}, - journal = {The 20th Symposium on Banking and Monetary Economics Papers, University of Birmingham}, - year = 2003 -} - -@ARTICLE{barberaFight, - author = {Barbera, Robert J.}, - title = {If It Were a Fight, They Would Have Stopped It in December of 2008}, - journal = {The Economists' Voice}, - year = 2010, - volume = 7, - pages = 3, - number = 2, - note = {\url{http://EconPapers.repec.org/RePEc:bpj:evoice:v:7:y:2010:i:2:n:3}}, - abstract = {New classical economics should not be judged based upon what theorists say today about the 2008-2009 crisis, but instead by looking at what economists like Casey Mulligan said as the crisis was unfolding. Once scrutiny is given to what new classical economics lead adherents believe in late 2008, Robert Barbera wonders how any rational thinker could continue to defend the framework.}, - keywords = {Holding Macroeconomic theories to task after 2008-2009; new classical economics; the 2008-2009 crisis; keynes; minsky}, - url = {http://EconPapers.repec.org/RePEc:bpj:evoice:v:7:y:2010:i:2:n:3} -} - -@ARTICLE{bwTaylor, - author = {Barbera, Robert J. and Weise, Charles L.}, - title = {Minsky Meets Wicksell: Using the Wicksellian Model to Understand the 21st Century Business Cycle}, - journal = {Manuscript, Gettysburg College}, - year = 2008, - note = {Available at \url{http://www.gettysburg.edu/dotAsset/2104335.pdf}} -} - -@ARTICLE{barilan&blinder:doingnothing, - author = {Bar-Ilan, Avner and Blinder, Alan S.}, - title = {Consumer Durables: Evidence on the Optimality of Usually Doing Nothing}, - journal = {Journal of Money, Credit, and Banking}, - year = 1992, - volume = 24, - pages = {258--272}, - number = 2 -} - -@ARTICLE{barroDisasters, - author = {Barro, Robert J.}, - title = {Rare Disasters and Asset Markets in the Twentieth Century}, - journal = {Quarterly Journal of Economics}, - year = 2006, - volume = 121, - pages = {823--66}, - number = 3 -} - -@ARTICLE{barro:impatience, - author = {Barro, Robert J.}, - title = {Ramsey Meets Laibson in the Neoclassical Growth Model}, - journal = {Forthcoming, Quarterly Journal of Economics}, - year = 1999 -} - -@ARTICLE{barro:growthqje, - author = {Barro, Robert J.}, - title = {Economic Growth in a Cross Section of Countries}, - journal = {Quarterly Journal of Economics}, - year = 1991, - volume = 106, - pages = {407--443} -} - -@ARTICLE{barro:bondsnetworth, - author = {Barro, Robert J.}, - title = {Are Government Bonds Net Worth?}, - journal = {Journal of Political Economy}, - year = 1974, - volume = 82, - pages = {1095--117} -} - -@BOOK{barro&salaimartin:book, - title = {Economic Growth}, - publisher = {McGraw-Hill}, - year = 1995, - author = {Barro, Robert J. and {Sala-i-Martin}, Xavier}, - address = {New York} -} - -@ARTICLE{barsky:fisher, - author = {Barsky, Robert B.}, - title = {The Fisher Hypothesis and the Forecastability and Persistence of Inflation}, - journal = {Journal of Monetary Economics}, - year = 1987, - volume = 19, - pages = {3--24} -} - -@ARTICLE{bjksPreferences, - author = {Barsky, Robert B. and Juster, F. Thomas and Kimball, Miles S. and Shapiro, Matthew D.}, - title = {Preference parameters and behavioral heterogeneity: An experimental approach in the health and retirement study*}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = 112, - pages = {537--579}, - number = 2, - note = {\url{http://www.jstor.org/stable/2951245}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bjksPreferences.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bjksPreferences.pdf:PDF}, - publisher = {MIT Press}, - url = {http://www.jstor.org/stable/2951245} -} - -@ARTICLE{barskymankiwzeldes:aer, - author = {Barsky, Robert B. and Mankiw, N.~Gregory and Zeldes, Stephen P.}, - title = {Ricardian Consumers with Keynesian Propensities}, - journal = {American Economic Review}, - year = 1986, - volume = 76, - pages = {676--91}, - number = 4, - month = {September} -} - -@ARTICLE{barthCostsBeliefs, - author = {Barth, Daniel}, - title = {The Costs and Beliefs Implied by Direct Stock Ownership}, - journal = {Manuscript, Department of Economics, Hamilton College}, - year = 2013, - note = {\url{http://people.hamilton.edu/documents/BarthDaniel_CostsBeliefs_RFS.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/barthCostsBeliefs.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/barthCostsBeliefs.pdf:PDF}, - url = {http://people.hamilton.edu/documents/BarthDaniel_CostsBeliefs_RFS.pdf} -} - -@BOOK{bartlett:quotes, - title = {Familiar Quotations}, - publisher = {Little, Brown, and Company}, - year = 1980, - author = {Bartlett, John}, - address = {Boston}, - edition = 15, - note = {Edited by Emily Morison Beck} -} - -@ARTICLE{bk:InvestPlan, - author = {Basu, Susanto and Kimball, Miles S.}, - title = {Investment Planning Costs and the Effects of Fiscal and Monetary Policy}, - journal = {Manuscript, U of Michigan}, - year = 2004 -} - -@ARTICLE{basuKimballLabor, - author = {Basu, Susanto and Kimball, Miles S.}, - title = {Long-Run Labor Supply and the Elasticity of Intertemporal Substitution for Consumption}, - journal = {Manuscript, University of Michigan}, - year = 2000 -} - -@ARTICLE{blAsymptotics, - author = {Battycharya, R. N. and Lee, O.}, - title = {Asymptotics of a Class of Markov Processes Which Are Not In General Irreducible}, - journal = {Annals of Probability}, - year = 1988, - volume = 16, - page = {1333--1347} -} - -@MISC{baxter:euler, - author = {Baxter, Marianne}, - title = {Approximating Suboptimal Dynamic Equilibria: An Euler Equation Approach}, - howpublished = {University of Rochester Working Paper Number~139}, - year = 1988 -} - -@TECHREPORT{BayoumiEdison:2003, - author = {Bayoumi, Tamim and Edison, Hali}, - title = {Is Wealth Increasingly Driving Consumption}, - institution = {Netherlands Central Bank}, - year = 2003, - type = {DNB Staff Reports (discontinued)}, - number = 101 -} - -@ARTICLE{Bayoumi/Klein:1997, - author = {Bayoumi, Tamim and Klein, Michael W.}, - title = {A provinvial view of economic integration}, - journal = {IMF Working Paper}, - year = 1997, - number = {WP/97/41} -} - -@ARTICLE{bcjRiskPreferences, - author = {Beauchamp, Jonathan and Cesarini, David and Johannesson, Magnus}, - title = {The Psychometric Properties of Measures of Risk Preferences}, - journal = {Manuscript, Harvard University}, - year = 2011 -} - -@ARTICLE{bl02, - author = {Thorsten Beck and Ross Levine}, - title = {Industry Growth and Capital Allocation: Does Having a Market- or Bank-Based System Matter?}, - journal = {Journal of Financial Economics}, - year = 2002, - volume = 4, - pages = {59--77}, - number = 2 -} - -@BOOK{becker:humcap, - title = {Human Capital: A Theoretical Analysis with Special Reference to Education}, - publisher = {Columbia University Press for NBER}, - year = 1964, - author = {Becker, Gary}, - address = {New York} -} - -@ARTICLE{beckerWealth, - author = {Becker, Robert A. and Foias, C.}, - title = {A Characterization of Ramsey Equilibrium}, - journal = {Journal of Economic Theory}, - year = 1987, - volume = 41, - pages = {173--184}, - number = 1, - publisher = {Elsevier} -} - -@ARTICLE{bcj:wealtheffects, - author = {Benjamin, John D. and Chinloy, Peter and Jud, G. Donald}, - title = {Consumption, Real Estate and Financial Wealth}, - journal = {Manuscript, University of North Carolina}, - year = 2003 -} - -@INCOLLECTION{porath:humcap2, - author = {Ben~Porath, Yoram}, - title = {The Production of Human Capital Over Time}, - booktitle = {Education, Income, and Human Capital}, - publisher = {National Bureau of Economic Research, Distributed by Columbia University Press}, - year = 1970, - editor = {W.~L.~Hansen}, - address = {New York} -} - -@ARTICLE{porath:humcap, - author = {Ben~Porath, Yoram}, - title = {The Production of Human Capital and the Life Cycle of Earnings}, - journal = {Journal of Political Economy}, - year = 1967, - volume = 75, - pages = {352--65}, - number = {supplement} -} - -@ARTICLE{bcLongRunRisk, - author = {Benzoni, Luca and Pierre Collin-Dufresne and Robert S. Goldstein}, - title = {Portfolio Choice over the Life-Cycle when the Stock and Labor Markets are Cointegrated}, - journal = {Journal of Finance}, - year = 2007, - volume = 62, - pages = {2123--2167}, - number = 5, - month = {Oct}, - note = {\url{http://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.2007.01271.x/full}}, - doi = {DOI: 10.1111/j.1540-6261.2007.01271.x}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bcLongRunRisk.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bcLongRunRisk.pdf:PDF}, - url = {http://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.2007.01271.x/full} -} - -@ARTICLE{bszHumK, - author = {Berk, Jonathan and Stanton, Richard and Zechner, Josef}, - title = {Human Capital, Bankruptcy, and Capital Structure}, - journal = {Manuscript, Hass School of Business, Berkeley}, - year = 2009 -} - -@ARTICLE{Bernanke:savingglut, - author = {Bernanke, Ben}, - title = {The Global Saving Glut and the U.S.\ Current Account Deficit}, - journal = {Remarks at the Sandridge Lecture, Virginia Association of Economics, Richmond, Virginia}, - year = 2005, - volume = {March 10, 2005} -} - -@ARTICLE{bernanke&ferri&simon:flight, - author = {Bernanke, Benjamin and Ferrri, Giovanni and Simon, Peter}, - title = {Is There a Flight to Quality in Consumer Lending?}, - journal = {Manuscript, Princeton University}, - year = 1997 -} - -@ARTICLE{bernanke&gertler&gilchrist:accellerator, - author = {Bernanke, Benjamin and Gertler, Mark and Gilchrist, Simon}, - title = {The Financial Accellerator and the Flight to Quality}, - journal = {Review of Economics and Statistics}, - year = 1996, - volume = 78, - pages = {1--15} -} - -@ARTICLE{bernankeGlut, - author = {Bernanke, Benjamin S.}, - title = {The Global Saving Glut and the U.S. Current Account Deficit : A Speech at the Sandridge Lecture, Virginia Association of Economics, Richmond, Virginia, March 10, 2005 and the Homer Jones Lecture, St.}, - journal = {Speech}, - year = 2005, - abstract = {No abstract is available for this item.}, - bdsk-url-1 = {http://ideas.repec.org/a/fip/fedgsq/y2005x19.html}, - keywords = {Balance of trade ; Budget deficits ; International finance}, - url = {http://ideas.repec.org/a/fip/fedgsq/y2005x19.html} -} - -@ARTICLE{bernanke:adjcosts, - author = {Bernanke, Ben S.}, - title = {Adjustment Costs, Durables, and Aggregate Consumption}, - journal = {Journal of Monetary Economics}, - year = 1985, - volume = 15, - pages = {41--68}, - number = 1 -} - -@ARTICLE{bernanke:liquidity, - author = {Bernanke, Ben S.}, - title = {Permanent Income, Liquidity, and Expenditure on Automobiles: Evidence From Panel Data}, - journal = {Quarterly Journal of Economics}, - year = 1984, - volume = 99, - pages = {587--614}, - number = 3 -} - -@ARTICLE{bernanke:irreversible, - author = {Bernanke, Ben S.}, - title = {Irreversibility, Uncertainty, and Cyclical Investment}, - journal = {Quarterly Journal of Economics}, - year = 1983, - volume = 98, - pages = {85--106}, - number = 1 -} - -@BOOK{blmp:infltarget, - title = {Inflation Targeting: Lessons from the International Experience}, - publisher = {Princeton University Press}, - year = 1999, - author = {Bernanke, Ben S. and Laubach, Thomas and Mishkin, Frederic S. and Posen, Adam S.}, - address = {Princeton, NJ} -} - -@ARTICLE{bernheim&garrett:education, - author = {Bernheim, B. Douglas and Garrett, Daniel M.}, - title = {The Determinants and Consequences of Financial Education in the Workplace: Evidence From a Survey of Households}, - journal = {NBER Working Paper No. 5667}, - year = 1996 -} - -@ARTICLE{bsw:variation, - author = {Bernheim, B. Douglas and Skinner, Jonathan and Weinberg, Steven}, - title = {What Accounts for the Variation Retirement Wealth Among US Households?}, - journal = {NBER Working Paper Number 6227}, - year = 1997 -} - -@INCOLLECTION{bernheim:literacy, - author = {Bernheim, Douglas}, - title = {Personal Saving, Information, and Economic Literacy: New Directions for Public Policy}, - booktitle = {Tax Policiy for Economic Growth in the 1990s}, - publisher = {merican Council for Capital Formation}, - year = 1996, - pages = {53--78}, - address = {Washington, D.C.} -} - -@INCOLLECTION{b&s-m:usportfolios, - author = {Bertaut, Carol and Starr-McCluer, Martha}, - title = {Household Portfolios in the United States}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, Tullio} -} - -@ARTICLE{bertaut:wealtheffects, - author = {Bertaut, Carol C.}, - title = {Equity Prices, Household Wealth, and Consumption Growth in Foreign Industrial Countries: Wealth Effects in the 1990s}, - journal = {Board of Governors of the Federal Reserve System International Finance Discussion Papers 724}, - year = 2002 -} - -@ARTICLE{bertaut&haliassos:portfolio, - author = {Bertaut, Carol C. and Haliassos, Michael}, - title = {Precautionary portfolio behavior from a life-cycle perspective}, - journal = {Journal of Economic Dynamics And Control}, - year = 1997, - volume = 21, - pages = {1511--1542}, - number = {8-9} -} - -@INCOLLECTION{bertola&caballero:kinks, - author = {Bertola, Guiseppe and Caballero, Ricardo J.}, - title = {Kinked Adjustment Costs and Aggregate Dynamics}, - booktitle = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 1990, - editor = {Blanchard, Olivier J. and Fischer, Stanley}, - pages = {237--288}, - address = {Cambridge, MA} -} - -@ARTICLE{bertola&caballero:irreversible, - author = {Bertola, Guiseppe and Caballero, Ricardo J.}, - title = {Irreversibility and Aggregate Investment}, - journal = {Review of Economic Studies}, - year = 1994, - volume = 61, - pages = {223--246}, - number = 2 -} - -@ARTICLE{bgp:durables, - author = {Bertola, Giuseppe and Guiso, Luigi and Pistaferri, Luigi}, - title = {Uncertainty and Consumer Durables Adjustment}, - journal = {Review of Economic Studies}, - year = 2005, - volume = 72, - pages = {973--1007}, - number = 4, - bdsk-url-1 = {http://www.blackwell-synergy.com/doi/abs/10.1111/%200034-6527.00358}, - bdsk-url-2 = {http://dx.doi.org/10.1111/0034-6527.00358}, - doi = {doi: 10.1111/0034-6527.00358}, - url = {http://www.blackwell-synergy.com/doi/abs/10.1111/ 0034-6527.00358} -} - -@ARTICLE{bmTrickleDown, - author = {Bertrand, Marianne and Adair Morse}, - title = {Trickle Down Consumption}, - journal = {Manuscript, Chicago Booth School of Business}, - year = 2012, - file = {/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/bmTrickleDown.pdf:/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/bmTrickleDown.pdf:PDF} -} - -@INCOLLECTION{besley:kink, - author = {Besley, Timothy}, - title = {Savings, Credit, and Insurance}, - booktitle = {Handbook of Development Economics, Volume III}, - publisher = {Elsevier}, - year = 1995, - editor = {Behrman, Jere and Srinivasan, T.N.}, - chapter = 36, - pages = {2123--2207} -} - -@TECHREPORT{bic06, - author = {Alena {Bi{\v}c{{\'}a}kov{{\'}a}}}, - title = {Market vs. Institutions: The Trade-off Between Unemployment and Wage Inequality Revisited}, - institution = {European University Institute}, - year = 2006, - type = {Economics Working Papers}, - number = 31 -} - -@TECHREPORT{bss06, - author = {Alena {Bi{\v} c{{\'}a}kov{{\'}a}} and Jiri {Sla{\v} c{{\'}a}lek} and Michal {Slav{\'}\i k}}, - title = {Fiscal Implications of Personal Tax Adjustments in the {C}zech {R}epublic}, - institution = {Czech National Bank}, - year = 2006, - type = {working paper}, - number = 7 -} - -@ARTICLE{bhw:sociallearning, - author = {Bikhchandani, Sushil, David Hirshleifer and Welch, Ivo}, - title = {Learning from the Behavior of Others: Conformity, Fads, and Informational Cascades}, - journal = {Journal of Economic Perspectives}, - year = 1998, - volume = 12, - number = 3 -} - -@BOOK{billingsley:probability, - title = {Probability and Measure}, - publisher = {John Wiley and Sons}, - year = 1995, - author = {Billingsley, Patrick}, - edition = {3rd} -} - -@BOOK{billingsley:convergence, - title = {Convergence of Probability Measures}, - publisher = {John Wiley and Sons}, - year = 1968, - author = {Billingsley, Patrick} -} - -@ARTICLE{binmore&samuelson:muddling, - author = {Binmore, Ken and Samuelson, Larry}, - title = {Muddling Through: Noisy Equilibrium Selection}, - journal = {Journal of Economic Theory}, - year = 1997, - volume = 74, - pages = {235--65} -} - -@ARTICLE{bizer&judd:tax, - author = {{Bizer, David S.} and {Kenneth L. Judd}}, - title = {Taxation and Uncertainty}, - journal = {American Economic Review}, - year = 1989, - volume = 79, - pages = {331--336}, - number = 2 -} - -@INCOLLECTION{blairPCEweightedCPI, - author = {Blair, Caitlin}, - title = {Constructing a PCE-Weighted Consumer Price Index}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2013, - editor = {Carroll, Christopher D. and Thomas Crossley and John Sabelhaus} -} - -@BOOK{blanchard&fischer:text, - title = {Lectures on Macroeconomics}, - publisher = {MIT Press}, - year = 1989, - author = {Blanchard, Olivier and Fischer, Stanley} -} - -@TECHREPORT{bg05, - author = {Olivier Blanchard and Jordi Gali}, - title = {Real Wage Rigidities and the New Keynesian Model}, - institution = {MIT}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{blanchard:cweak, - author = {Blanchard, Olivier J.}, - title = {What Caused the Last Recession? Consumption and the Recession of 1990-1991}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {270--274}, - number = 2 -} - -@ARTICLE{blanchardFinite, - author = {Blanchard, Olivier J.}, - title = {Debt, Deficits, and Finite Horizons}, - journal = {Journal of Political Economy}, - year = 1985, - volume = 93, - pages = {223--247}, - number = 2, - month = {April} -} - -@ARTICLE{blanchard:burstingbubbles, - author = {Blanchard, Olivier J.}, - title = {Speculative Bubbles, Crashes, and Rational Expectations}, - journal = {Economics Letters}, - year = 1989, - volume = 3, - pages = {387--389}, - note = {\url{http://ideas.repec.org/a/eee/ecolet/v3y1979i4p387-389.html}}, - bdsk-url-1 = {http://ideas.repec.org/a/eee/ecolet/v3y1979i4p387-389.html}, - url = {http://ideas.repec.org/a/eee/ecolet/v3y1979i4p387-389.html} -} - -@ARTICLE{blanchardOutput, - author = {Blanchard, Olivier J.}, - title = {Output, the Stock Market, and Interest Rates}, - journal = {The American Economic Review}, - year = 1981, - volume = 71, - pages = {pp.132--143}, - number = 1, - bdsk-url-1 = {http://www.jstor.org/stable/1805045}, - copyright = {Copyright {\copyright} 1981 American Economic Association}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={Mar., 1981}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/1805045} -} - -@ARTICLE{blanchflower&oswald:wellbeing, - author = {Blanchflower, David and Oswald, Andrew J.}, - title = {Well Being Over Time in Britain and the USA}, - journal = {Journal of Public Economics}, - year = 2004, - volume = 88, - pages = {1359--1386} -} - -@ARTICLE{blaukahn07, - author = {Francine D. Blau and Lawrence M. Kahn}, - title = {Changes in the Labor Supply Behavior of Married Women: 1980--2000}, - journal = {Journal of Labor Economics}, - year = 2007, - pages = {393--438}, - number = 3, - vollume = 25 -} - -@TECHREPORT{blaukahn05, - author = {Francine D. Blau and Lawrence M. Kahn}, - title = {Changes in the Labor Supply Behavior of Married Women: 1980--2000}, - institution = {National Bureau of Economic Research, Inc}, - year = 2005, - type = {NBER Working Papers}, - number = 11230, - month = Mar -} - -@BOOK{blinder:centbank, - title = {Central Banking in Theory and Practice}, - publisher = {MIT Press}, - year = 1998, - author = {Blinder, Alan S.}, - address = {Cambridge, MA} -} - -@ARTICLE{orphanides:terrorismjme, - author = {Blomberg, S. Brock and Hess, Gregory D. and Orphanides, Athanasios}, - title = {The Macroeconomic Consequences of Terrorism}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - pages = {1007--1032}, - number = 5 -} - -@TECHREPORT{blzInvestment, - author = {Blomstr\"{o}m, M. and Lipsey, R.E. and Zejan, M.}, - title = {Is Fixed Investment the Key to Economic Growth?}, - year = 1996, - number = 1, - file = {elNotFactor.pdf:elNotFactor.pdf:PDF}, - journal = {The Quarterly Journal of Economics}, - pages = {269--276}, - publisher = {JSTOR}, - volume = 111 -} - -@article {bloomUncertainty, - author = {Bloom, Nicholas}, - title = {The Impact of Uncertainty Shocks}, - journal = {Econometrica}, - volume = 77, - number = 3, - publisher = {Blackwell Publishing Ltd}, - issn = {1468-0262}, - url = {http://dx.doi.org/10.3982/ECTA6248}, - doi = {10.3982/ECTA6248}, - pages = {623--685}, - keywords = {Adjustment costs, uncertainty, real options, labor and investment}, - year = 2009, -} - -@ARTICLE{bloom&gunderson:canadian, - author = {Bloom, David and Gunderson, Morley}, - title = {An Analysis of the Earnings of Candian Immigrants}, - journal = {Manuscript, Columbia University}, - year = 1989 -} - -@ARTICLE{bloom2007uncertainty, - author = {Bloom, Nicholas and Bond, Stephen and Van Reenen, John}, - title = {Uncertainty and investment dynamics}, - journal = {Review of Economic Studies}, - year = 2007, - volume = 74, - pages = {391--415}, - number = 2, - publisher = {Wiley Online Library} -} - -@INCOLLECTION{bllDemandSystem, - author = {Blow, Laura and Lechene, Valerie and Levell, Peter}, - title = {Using the CE to Model Household Demand}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2012 -} - -@TECHREPORT{blundellEtAl_LaborDynNorway, - author = {Richard Blundell and Michael Graber and Magne Mogstad}, - title = {Labor Income Dynamics and the Insurance from Taxes, Transfers, and the Family}, - institution = {University College London}, - year = 2013, - type = {mimeo} -} - -@ARTICLE{Blundell:2013tm, - author = {Blundell, Richard and Low, Hamish and Preston, Ian}, - title = {{Decomposing changes in income risk using consumption data}}, - journal = {Quantitative Economics}, - year = 2013, - volume = 4, - pages = {1--37}, - number = 1, - date-added = {2013-04-07T23:20:30GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = {{Quantitative_Economics_2013_Blundell.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2013/Blundell/Quantitative_Economics_2013_Blundell.pdf:application/pdf}}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2013/Blundell/Quantitative_Economics_2013_Blundell.pdf}, - rating = 0, - read = {Yes}, - uri = {\url{papers2://publication/uuid/FC751DEE-B1A6-4446-988D-F7480C959163}}, - url = {http://onlinelibrary.wiley.com/doi/10.3982/QE44/abstract} -} - -@INCOLLECTION{blundmac99, - author = {Blundell, Richard and MaCurdy, Thomas}, - title = {Labor supply: A review of alternative approaches}, - booktitle = {Handbook of Labor Economics}, - publisher = {Elsevier}, - year = 1999, - editor = {O. Ashenfelter and D. Card}, - volume = 3, - series = {Handbook of Labor Economics}, - chapter = 27, - pages = {1559--1695} -} - -@ARTICLE{blundell, - author = {Blundell, Richard and Pistaferri, Luigi and Preston, Ian}, - title = {Consumption Inequality and Partial Insurance}, - journal = {Manuscript}, - year = 2008 -} - -@Article{chiuriJappelli_Homeownership, - author = {Chiuri, Maria Concetta and Jappelli, Tullio}, - title = {Financial Market Imperfections and Home Ownership: A Comparative Study}, - journal = {European Economic Review}, - year = 2003, - volume = 47, - number = 5, - pages = {857--875}, - month = {October}, -} - -@Article{bps:familyLaborS, - author = {Richard Blundell and Luigi Pistaferri and Itay Saporta-Eksten}, - title = {Consumption Inequality and Family Labor Supply}, - journal = {American Economic Review}, - year = 2016, - volume = 106, - number = 2, - pages = {387--435}, - month = {February}, - abstract = {We examine the link between wage and consumption inequality using a life-cycle model incorporating consumption and family labor supply decisions. We derive analytical expressions for the dynamics of consumption, hours, and earnings of two earners in the presence of correlated wage shocks, nonseparability, progressive taxation, and asset accumulation. The model is estimated using panel data for hours, earnings, assets, and consumption. We focus on family labor supply as an insurance mechanism and find strong evidence of smoothing of permanent wage shocks. Once family labor supply, assets, and taxes are properly accounted for there is little evidence of additional insurance. (JEL D12, D14, D91, J22, J31)}, - url = {https://ideas.repec.org/a/aea/aecrev/v106y2016i2p387-435.html} -} - -@TECHREPORT{bps:familyLaborS_NBERWP, - author = {Richard Blundell and Luigi Pistaferri and Itay Saporta-Eksten}, - title = {Consumption Inequality and Family Labor Supply}, - institution = {National Bureau of Economic Research, Inc}, - year = 2012, - type = {NBER Working Papers}, - number = 18445, - month = Oct, - abstract = {In this paper we examine the link between wage inequality and consumption inequality using a life cycle model that incorporates household consumption and family labor supply decisions. We derive analytical expressions based on approximations for the dynamics of consumption, hours, and earnings of two earners in the presence of correlated wage shocks, non-separability and asset accumulation decisions. We show how the model can be estimated and identified using panel data for hours, earnings, assets and consumption. We focus on the importance of family labour supply as an insurance mechanism to wage shocks and find strong evidence of smoothing of males and females permanent shocks to wages. Once family labor supply, assets and taxes are properly accounted for their is little evidence of additional insurance.}, - url = {http://ideas.repec.org/p/nbr/nberwo/18445.html} -} - -@ARTICLE{bpQJE, - author = {Blundell, Richard W. and Preston, Ian}, - title = {Consumption Inequality and Income Uncertainty}, - journal = {Quarterly Journal of Economics}, - year = 1998, - volume = 113, - pages = {603--640} -} - -@TECHREPORT{stressTest, - author = {{Board of Governors of the Federal Reserve System}}, - title = {The Supervisory Capital Assessment Program: Design and Implementation}, - year = 2009, - type = {white paper}, - note = {Available at \url{ http://www.federalreserve.gov/newsevents/press/bcreg/20090424a.htm}} -} - -@ARTICLE{bodkin:mpc, - author = {Bodkin, Ronald}, - title = {Windfall Income and Consumption}, - journal = {American Economic Review}, - year = 1959, - volume = 49, - pages = {602--614}, - number = 4, - month = {September} -} - -@ARTICLE{bcfHabits, - author = {Michele Boldrin and Lawrence J. Christiano and Jonas D. Fisher}, - title = {Habit Persistence, Asset Returns and the Business Cycle}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - pages = {149--66}, - number = 1 -} - -@ARTICLE{bdWontTell, - author = {Bollinger, C.R. and David, M.H.}, - title = {I Didn't Tell, And I Won't Tell: Dynamic Response Error in the SIPP}, - journal = {Journal of Applied Econometrics}, - year = 2005, - volume = 20, - pages = {563--569}, - number = 4, - publisher = {Wiley Online Library} -} - -@ARTICLE{be05, - author = {Holger Bonin and Rob Euwals}, - title = {Participation Behavior of the {E}ast {G}erman Women after {G}erman Unification}, - journal = {Applied Economics Quarterly}, - year = 2005, - volume = 51, - number = 4 -} - -@TECHREPORT{be02, - author = {Holger Bonin and Rob Euwals}, - title = {Participation Behavior of the {E}ast {G}erman Women after {G}erman Unification}, - institution = {William Davidson Institute}, - year = 2002, - type = {working paper}, - number = 477 -} - -@ARTICLE{bgr:stockmarket, - author = {Boone, Laurence and Giorno, Claude and Richardson, Pete}, - title = {Stock Market Fluctuations and Consumption Behavior: Some Recent Evidence}, - journal = {OECD Economics Department Working Paper 208}, - year = 1998 -} - -@ARTICLE{booth:taxrevs, - author = {Booth, Mark}, - title = {Projecting Federal Tax Revenues and the Effect of Changes in Tax Law}, - journal = {Congressional Budget Office}, - year = 1998 -} - -@INPROCEEDINGS{bor96, - author = {Claudio E. V. Borio}, - title = {Credit Characteristics and the Monetary Policy Transmission in Fourteen Industrial Countries: Facts, Conjectures and Some Econometric Evidence}, - booktitle = {Monetary Policy in a Converging Europe}, - year = 1996, - editor = {Alders and Koos}, - pages = {77--115}, - publisher = {MIT Press} -} - -@ARTICLE{boskinInterestElasticity, - author = {Boskin, Michael J.}, - title = {Taxation, Saving, and the Rate of Interest}, - journal = {The Journal of Political Economy}, - year = 1978, - pages = {3--27}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/boskinInterestElasticity.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/boskinInterestElasticity.pdf:PDF}, - publisher = {JSTOR} -} - -@ARTICLE{BosticEtAl:2009, - author = {Bostic, Raphael and Gabriel, Stuart and Painter, Gary}, - title = {Housing Wealth, Financial Wealth, and Consumption: New Evidence from Micro Data}, - journal = {Regional Science and Urban Economics}, - year = 2009, - volume = 39, - pages = {79--89} -} - -@BOOK{bosworth:global, - title = {Saving and Investment in a Global Economy}, - publisher = {The Brookings Institution}, - year = 1993, - author = {Bosworth, Barry}, - address = {Washington, DC} -} - -@ARTICLE{bbsMicro, - author = {Bosworth, Barry and Burtless, Gary and Sabelhaus, John}, - title = {The Decline in Saving: Some Microeconomic Evidence}, - journal = {Brookings Papers on Economic Activity}, - year = 1991, - volume = 22, - pages = {183--256}, - number = {1991-1}, - bdsk-url-1 = {http://ideas.repec.org/a/bin/bpeajo/v22y1991i1991-1p183-256.html}, - url = {http://ideas.repec.org/a/bin/bpeajo/v22y1991i1991-1p183-256.html} -} - -@ARTICLE{blGenes, - author = {Bouchard, Thomas J. and Loehlin, John C.}, - title = {Genes, Evolution, and Personality}, - journal = {Behavior Genetics}, - year = 2001, - volume = 31, - pages = {243--273}, - number = 3, - note = {\url{http://www.springerlink.com/content/qt0138g23w8720j1/fulltext.pdf}}, - abstract = {There is abundant evidence, some of it reviewed in this paper, that personality traits are substantially influenced by the genes. Much remains to be understood about how and why this is the case. We argue that placing the behavior genetics of personality in the context of epidemiology, evolutionary psychology, and neighboring psychological domains such as interests and attitudes should help lead to new insights. We suggest that important methodological advances, such as measuring traits from multiple viewpoints, using large samples, and analyzing data by modern multivariate techniques, have already led to major changes in our view of such perennial puzzles as the role of “unshared environment” in personality. In the long run, but not yet, approaches via molecular genetics and brain physiology may also make decisive contributions to understanding the heritability of personality traits. We conclude that the behavior genetics of personality is alive and flourishing but that there remains ample scope for new growth and that much social science research is seriously compromised if it does not incorporate genetic variation in its explanatory models.}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/blGenes.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/blGenes.pdf:PDF}, - publisher = {Springer}, - url = {http://www.springerlink.com/content/qt0138g23w8720j1/fulltext.pdf} -} - -@TECHREPORT{bound89, - author = {John Bound and Charles Brown and Greg J. Duncan and Willard L Rodgers}, - title = {Measurement Error In Cross-Sectional and Longitudinal Labor Market Surveys: Results From Two Validation Studies}, - institution = {National Bureau of Economic Research, Inc}, - year = 1989, - type = {NBER Working Papers}, - number = 2884 -} - -@ARTICLE{bound&jaeger&baker:disease, - author = {Bound, John and Jaeger, David A. and Baker, Regina}, - title = {The Cure Can Be Worse Than The Disease: A Cautionary Tale Regarding Instrumental Variables}, - journal = {NBER Technical Working Paper No. 137}, - year = 1993 -} - -@ARTICLE{bound&krueger:measerr, - author = {Bound, John and Krueger, Alan B.}, - title = {The Extent of Measurement Error in Longitudinal Earnings Data: Do Two Wrongs Make A Right?}, - journal = {Journal of Labor Economics}, - year = 1991, - volume = 9, - number = 1 -} - -@TECHREPORT{rockinst, - author = {Boyd, Donald J. and Dadayan, Lucy}, - title = {Sales Tax Decline in Late 2008 Was the Worst in 50 Years}, - institution = {The Nelson A. Rockefeller Institute of Government}, - year = 2009, - type = {State Revenue Report}, - number = 75, - note = {Available at \url{ http://www.rockinst.org/pdf/government_finance/state_revenue_report/2009-04-14-(75)-state_revenue_report_sales_tax_decline.pdf }} -} - -@ARTICLE{boyd:weighted, - author = {Boyd, John H.}, - title = {A Weighted Contraction Mapping Theorem}, - journal = {Journal of Economic Theory}, - year = 1990, - volume = 6, - pages = {343--362} -} - -@ARTICLE{bcd:refinancing, - author = {Brady, Peter J. and Canner, Glenn and Maki, Dean}, - title = {The Effects of Recent Mortgage Refinancing}, - journal = {Federal Reserve Bulletin}, - year = 2000 -} - -@ARTICLE{bl98, - author = {Jason Bram and Sydney Ludvigson}, - title = {Does Consumer Confidence Forecast Household Expenditure? A Sentiment Index Horse Race}, - journal = {FRBNY Economic Policy Review}, - year = 1998, - volume = 4, - pages = {59--77}, - number = 2 -} - -@ARTICLE{bra04, - author = {William A. Branch}, - title = {The Theory of Rationally Heterogeneous Expectations: Evidence from Survey Data on Inflation Expectations}, - journal = {Economic Journal}, - year = 2004, - volume = 114, - pages = {592--621}, - number = 497 -} - -@ARTICLE{branchQJE:hetero, - author = {Branch, William A.}, - title = {The Theory of Rationally Heterogeneous Expectations: Evidence from Survey Data on Inflation Expectations}, - journal = {Manuscript, Department of Economics, College of William and Mary}, - year = 2001 -} - -@ARTICLE{bcf93, - author = {Braun, Philip A. and Constantinides, George M. and Ferson, Wayne E.}, - title = {Time Nonseparability in Aggregate Consumption: International Evidence}, - journal = {European Economic Review}, - year = 1993, - volume = 37, - pages = {897--920} -} - -@ARTICLE{Braun, - author = {Braun, Richard Anton and Li, Huiyu and Stachurski, John}, - title = {Computing Densities and Expectations in Stochastic Recursive Economies: Generalized Look-Ahead Techniques}, - journal = {Manuscript}, - year = 2009 -} - -@MISC{BravConstantinidesGeczy:1999, - author = {Brav, Alon and Constantinides, George M. and Geczy, Christopher C.}, - title = {Asset Pricing with Heterogeneous Consumers and Limited Participation: Empirical Evidence}, - howpublished = {Rodney L. White Center for Financial Research working paper}, - month = {October}, - year = 1999 -} - -@TECHREPORT{bt96, - author = {Flint Brayton and Peter Tinsley}, - title = {A Guide to FRB/US: A Macroeconomic Model of the United States}, - institution = {Federal Reserve Board}, - year = 1996, - type = {FEDS working paper}, - number = 42 -} - -@ARTICLE{brockmirman:growth, - author = {Brock, William and Mirman, Leonard}, - title = {Optimal Economic Growth and Uncertainty: The Discounted Case}, - journal = {Journal of Economic Theory}, - year = 1972, - volume = 4, - pages = {479--513}, - number = 3, - month = {June} -} - -@TECHREPORT{bhHousingDepression, - author = {Michael Brocker and Christopher Hanes}, - title = {The 1920s American Real Estate Boom and the Downturn of the Great Depression: Evidence from City Cross Sections}, - institution = {National Bureau of Economic Research}, - year = 2013, - type = {Working Paper}, - number = 18852, - month = {February}, - abstract = {In the 1929-1933 downturn of the Great Depression, house values and homeownership rates fell more, and mortgage foreclosure rates were higher, in cities that had experienced relatively high rates of house construction in the residential real-estate boom of the mid-1920s. Across the 1920s, boom cities had seen the biggest increases in house values and homeownership rates. These patterns suggest that the mid-1920s boom contributed to the depth of the Great Depression through wealth and financial effects of falling house values. Also, they are very similar to cross-sectional patterns across metro areas around 2006.}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bhHousingDepression.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bhHousingDepression.pdf:PDF}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18852} -} - -@article{bpStim, - author = {Christian Broda and Jonathan A. Parker}, - title = {The Economic Stimulus Payments of 2008 and the Aggregate Demand for Consumption}, - journal = {Journal of Monetary Economics}, - year = 2014, - volume = 68, - pages = {S20--S36}, -} - -@UNPUBLISHED{br2009, - author = {Christian Broda and John Romalis}, - title = {The Welfare Implications of Rising Price Dispersion}, - note = {Manuscript, University of Chicago}, - month = {July}, - year = 2009 -} - -@ARTICLE{brown&light:tenure, - author = {Brown, James N. and Light, Audrey}, - title = {Interpreting Panel Data on Job Tenure}, - journal = {Journal of Labor Economics}, - year = 1992, - volume = 10, - pages = {219--257}, - number = 3 -} - -@TECHREPORT{BrownEtAl:2010, - author = {Brown, Meta and Haughwout, Andrew and Lee, Donghoon and van der Klaau, Wilbert}, - title = {The Financial Crisis at the Kitchen Table: Trends in Household Debt and Credi}, - institution = {Federal Reserve Bank of New York}, - year = 2010, - type = {Staff Reports}, - number = 480, - month = {December} -} - -@ARTICLE{browning&crossley:lifecycle, - author = {Browning, Martin and Crossley, Thomas F.}, - title = {The Life-Cycle Model of Consumption and Savings}, - journal = {Journal of Economic Perspectives}, - year = 2001, - volume = 15, - pages = {3--22}, - number = 3 -} - -@ARTICLE{blImputing, - author = {Browning, Martin and Leth-Petersen, Søren}, - title = {Imputing Consumption from Income and Wealth Information}, - journal = {The Economic Journal}, - year = 2003, - volume = 113, - pages = {pp. F282-F301}, - number = 488, - abstract = {We investigate the feasibility of deriving a measure of total expenditure at the household level from administrative micro-data on income and wealth. We use Danish administrative data that provides measures of disposable income and the holding of different assets at the end of the year. The ability to link the households in the 1994-6 Danish Expenditure Survey to their administrative data for the years around the survey year offers a unique possibility for constructing a measure of total expenditure and of checking directly on the reliability of the imputation. The results are promising.}, - copyright = {Copyright © 2003 Royal Economic Society}, - issn = 00130133, - jstor_articletype ={research-article}, - jstor_formatteddate ={Jun., 2003}, - jstor_issuetitle ={Features}, - language = {English}, - publisher = {Wiley on behalf of the Royal Economic Society}, - url = {http://www.jstor.org/stable/3590202} -} - -@INCOLLECTION{bhh:micromacro, - author = {Browning, Martin J. and Hansen, Lars P. and Heckman, James J.}, - title = {Micro Data and General Equilibrium Models}, - booktitle = {Handbook of Macroeconomics}, - publisher = {North Holland}, - year = 1999, - editor = {Taylor, John and Woodford, Michael} -} - -@ARTICLE{browning&lusardi:jel, - author = {Browning, Martin J. and Lusardi, Annamaria}, - title = {Household Saving: Micro Theories and Micro Facts}, - journal = {Journal of Economic Literature}, - year = 1996, - volume = 34, - pages = {1797--855}, - number = 4 -} - -@ARTICLE{browning&burbridge:captax, - author = {{Browning, Martin} and {J. Burbridge}}, - title = {Consumption and Income Taxation}, - journal = {Oxford Economic Papers}, - year = 1990, - volume = 42, - pages = {281--292}, - number = 1 -} - -@INCOLLECTION{brownlee:historical, - author = {Brownlee, W. Elliot}, - title = {Historical Perspectives on U.S. Tax Policy Toward the Rich}, - booktitle = {Does Atlas Shrug? The Economic Consequences of Taxing the Rich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.} -} - -@ARTICLE{bryan&gavin:inflsurv, - author = {Bryan, Michael F. and Gavin, William T.}, - title = {Models of Inflation Expectations Formation: A Comparison of Household and Economist Forecasts}, - journal = {Journal of Money, Credit, and Banking}, - year = 1986, - volume = 18, - pages = {539--43}, - month = {November} -} - -@ARTICLE{bg97, - author = {Robert M. Buckley and Eugene N. Gurenko}, - title = {Housing and Income Distribution in Russia: Zhivago's Legacy}, - journal = {The World Bank Research Observer}, - year = 1997, - volume = 12, - pages = {19--32}, - number = 1 -} - -@MISC{bull:opttax, - author = {Bull, Nicholas}, - title = {When All the Optimal Dynamic Taxes are Zero}, - howpublished = {Board of Governors of the Federal Reserve System Economic Activity Section Working Paper Series \#137}, - year = 1993 -} - -@PHDTHESIS{bull:thesis, - author = {Bull, Nicholas}, - title = {Optimal Taxation in an Endogenous Growth Model with Human Capital}, - school = {University of Minnesota}, - year = 1992 -} - -@BOOK{BLS2009, - title = {2008 Consumer Expenditure Interview Survey Public Use Microdata User's Documentation}, - publisher = {Division of Consumer Expenditure Surveys, BLS, U.S. Department of Labor}, - year = 2009, - author = {{Bureau~of~Labor~Statistics}}, - month = {October 15} -} - -@MISC{blsGemini, - author = {{Bureau{~}of{~}Labor{~}Statistics}}, - title = {Consumer Expenditure Survey (CE) Gemini Project}, - year = 2011, - bdsk-url-1 = {http://www.bls.gov/cex/geminiproject.htm}, - url = {http://www.bls.gov/cex/geminiproject.htm} -} - -@TECHREPORT{bea06, - author = {{Bureau of Economic Analysis}}, - title = {Updated Summary NIPA Methodologies}, - year = 2006, - type = {{Survey of Current Business, November}}, - note = {available at {\url{http://www.bea.gov/scb/pdf/2006/11November/1106_nipa_method.pdf}}} -} - -@ARTICLE{byrne&davis:wealtheffects, - author = {Byrne, Joseph and Davis, Phillip}, - title = {Disaggregate Wealth and Aggregate Consumption: An Investigation of Empirical Relationships for the G7}, - journal = {Manuscript, Brunel University}, - year = 2001 -} - -@ARTICLE{caballero&engel&haltiwanger:agginvdyn, - author = {Caballero, Ricardo and Engel, Eduardo and Haltiwanger, John}, - title = {Plant-Level Adjustment and Aggregate Investment Dynamics}, - journal = {Brookings Papers on Economic Activity, 1995:2}, - year = 1995, - pages = {1--39} -} - -@ARTICLE{caballero:slow, - author = {Caballero, Ricardo J.}, - title = {Durable Goods: An Explanation for Their Slow Adjustment}, - journal = {Journal of Political Economy}, - year = 1993, - volume = 101, - pages = {351--384}, - number = 2 -} - -@ARTICLE{caballero:aer, - author = {Caballero, Ricardo J.}, - title = {Earnings Uncertainty and Aggregate Wealth Accumulation}, - journal = {American Economic Review}, - year = 1991, - volume = 81, - pages = {859--871} -} - -@Article{caballero:jme, - Title = {Consumption Puzzles and Precautionary Savings}, - Author = {Caballero, Ricardo J.}, - Journal = {Journal of Monetary Economics}, - Year = 1990, - Note = {\url{http://ideas.repec.org/p/clu/wpaper/1988_05.html}}, - Pages = {113-136}, - Volume = 25, - Owner = {Nic Johnson}, - Url = {http://ideas.repec.org/a/eee/moneco/v25y1990i1p113-136.html} -} - -@ARTICLE{caballero&engel:dynamics, - author = {Caballero, Ricardo J. and Engel, Eduardo M. R. A.}, - title = {Explaining Investment Dynamics in U.S. Manufacturing: A Generalized (S,s) Approach}, - journal = {NBER Working Paper No. 4887}, - year = 1994 -} - -@ARTICLE{cfg:globimbalances, - author = {Caballero, Ricardo J. and Farhi, Emmanuel and Gourinchas, Pierre-Olivier}, - title = {An Equilibrium Model of {"}Global Imbalances{"} and Low Interest Rates}, - journal = {American Economic Review}, - year = 2008, - volume = 98, - pages = {358--388}, - number = 1 -} - -@ARTICLE{cagettiInterestElasticity, - author = {Cagetti, Marco}, - title = {Interest Elasticity in a Life-Cycle Model with Precautionary Savings}, - journal = {The American Economic Review}, - year = 2001, - volume = 91, - pages = {pp.418--421}, - number = 2, - copyright = {Copyright © 2001 American Economic Association}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={May, 2001}, - jstor_issuetitle ={Papers and Proceedings of the Hundred Thirteenth Annual Meeting of the American Economic Association}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2677800} -} - -@ARTICLE{cjStableEfficient, - author = {Cai, Y. and Judd, Kenneth L.}, - title = {Stable and Efficient Computational Methods for Dynamic Programming}, - journal = {Journal of the European Economic Association}, - year = 2010, - volume = 8, - pages = {626--634}, - number = {2-3}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cjStableEfficient.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/stableEfficient.pdf:PDF}, - publisher = {Wiley Online Library} -} - -@ARTICLE{calvoPrices, - author = {Calvo, Guillermo A.}, - title = {Staggered Contracts in a Utility-Maximizing Framework}, - journal = {Journal of Monetary Economics}, - year = 1983, - volume = 12, - pages = {383--98}, - number = 3 -} - -@INCOLLECTION{camererMindful, - author = {Camerer, Colin}, - title = {The Case for Mindful Economics}, - booktitle = {The Foundations of Positive and Normative Economics: A Handbook}, - publisher = {Oxford University Press, USA}, - year = 2010, - series = {The Handbooks in Economic Methodologies}, - note = {\url{http://www2.e.u-tokyo.ac.jp/cemano/research/DRSS/documents/microCOE0806.pdf}}, - editors = {Caplin, A. and Schotter, A.}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/camererMindful.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/camererMindful.pdf:PDF}, - isbn = 9780199744855, - lccn = 2009049206, - url = {http://www2.e.u-tokyo.ac.jp/cemano/research/DRSS/documents/microCOE0806.pdf} -} - -@ARTICLE{chDebt, - author = {Campbell, Jeffrey R. and Hercowitz, Zvi}, - title = {Welfare Implications of the Transition to High Household Debt}, - journal = {Journal of Monetary Economics}, - year = 2009, - volume = 56, - pages = {1--16}, - number = 1, - month = {January}, - url = {http://ideas.repec.org/a/eee/moneco/v56y2009i1p1-16.html} -} - -@TECHREPORT{campbellMechanism, - author = {Campbell, John Y.}, - title = {Inspecting the Mechanism: An Analytical Approach to the Stochastic Growth Model}, - institution = {National Bureau of Economic Research, Inc}, - year = 1992, - type = {NBER Working Papers}, - number = 4188, - month = Oct, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/4188.html}, - url = {http://ideas.repec.org/p/nbr/nberwo/4188.html} -} - -@ARTICLE{campbellRainyDay, - author = {Campbell, John Y.}, - title = {Does Saving Anticipate Declining Labor Income? An Alternative Test of the Permanent Income Hypothesis}, - journal = {Econometrica}, - year = 1987, - volume = 55, - pages = {1249--73}, - note = {\\ \url{http://www.jstor.org/stable/1913556}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/campbellRainyDay.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/campbellRainyDay.pdf:PDF}, - url = {http://www.jstor.org/stable/1913556} -} - -@ARTICLE{cc99, - author = {John Y. Campbell and John H. Cochrane}, - title = {By Force of Habit: A Consumption-Based Explanation of Aggregate Stock Market Behavior}, - journal = {Journal of Political Economy}, - year = 1999, - volume = 107, - pages = {205--51}, - number = 2 -} - -@INCOLLECTION{Campbell/Makiw:1989, - author = {Campbell, John Y. and Mankiw, Gregory N.}, - title = {Consumption, Income and Interest Rates: Reinterpreting the Time Series Evidence}, - booktitle = {NBER macroeconomics annual}, - publisher = {MIT Press}, - year = 1989, - editor = {Blanchard, Olivier Jean and Fischer, Stanley}, - pages = {185--216}, - address = {Cambridge, MA} -} - -@INPROCEEDINGS{cmRuleOfThumb, - author = {John Y. Campbell and N. Gregory Mankiw}, - title = {Consumption, Income and Interest Rates: Reinterpreting the Time Series Evidence}, - booktitle = {NBER Macroeconomics Annual}, - year = 1989, - editor = {Olivier J. Blanchard and Stanley Fischer}, - address = {Cambridge, MA}, - publisher = {MIT Press} -} - -@InCollection{cmModel, - Title = {Consumption, Income, and Interest Rates: Reinterpreting the Time-Series Evidence}, - Author = {Campbell, John Y. and Mankiw, N. Gregory}, - Booktitle = {NBER Macroeconomics Annual, 1989}, - Publisher = {MIT Press}, - Year = 1989, - Address = {Cambridge, MA}, - Editor = {Blanchard, Olivier J. and Fischer, Stanley}, - Note = {\url{http://www.nber.org/papers/w2924.pdf}}, - Pages = {185--216}, - Owner = {Nic Johnson}, - Url = {http://www.nber.org/papers/w2924.pdf} -} - -@ARTICLE{cmRuleOfThumbIntl, - author = {Campbell, John Y. and Mankiw, N. Gregory}, - title = {The Response of Consumption to Income: A Cross-Country Investigation}, - journal = {European Economic Review}, - year = 1991, - volume = 35, - number = 4, - pages = {723--67} -} - -@ARTICLE{campbell&shiller:longrun, - author = {Campbell, John Y. and Shiller, Robert J.}, - title = {Valuation Ratios and the Long-Run Stock Market Outlook}, - journal = {Journal of Portfolio Management}, - year = 1998, - volume = 24, - pages = {11--26} -} - -@BOOK{cvAppendix, - title = {Appendix to `Strategic Asset Allocation: Portfolio Choice for Long-Term Investors'}, - publisher = {Oxford University Press, USA}, - year = 2002, - author = {Campbell, John Y. and Viceira, Luis M.}, - note = {\href{https://scholar.harvard.edu/files/campbell/files/bookapp.pdf}{https://scholar.harvard.edu/files/campbell/files/bookapp.pdf}}, - isbn = 0198296940, - url = {https://scholar.harvard.edu/files/campbell/files/bookapp.pdf} -} - -@ARTICLE{campbell&cochrane:force, - author = {{Campbell, John Y.} and Cochrane, John H.}, - title = {By Force of Habit: A Consumption-Based Explanation of Aggregate Stock Market Behavior}, - journal = {Journal of Political Economy}, - year = 1999, - volume = 107, - pages = {205--251}, - number = 2, - month = {April} -} - -@ARTICLE{cdp:refinancing, - author = {Canner, Glenn and Dynan, Karen and Passmore, Wayne}, - title = {Mortgage Refinancing in 2001 and Early 2002}, - journal = {Federal Reserve Bulletin}, - year = 2002, - volume = 88, - pages = {469--481S} -} - -@ARTICLE{caplin:aggdemand, - author = {Capli, Andrew S.}, - title = {The Variability of Aggregate Demand With (S,s) Inventory Policies}, - journal = {Econometrica}, - year = 1985, - volume = 53, - pages = {1395--1409}, - number = 6 -} - -@ARTICLE{caplin&leahy:socialdiscount, - author = {Caplin, Andrew and Leahy, John}, - title = {The Social Discount Rate}, - journal = {Manuscript, Boston University}, - year = 1999 -} - -@ARTICLE{caplin&leahy:durables, - author = {Caplin, Andrew and Leahy, John}, - title = {Durable Goods Cycles}, - journal = {Manuscript, Boston University}, - year = 1997 -} - -@INCOLLECTION{CardarelliEtAl:2008, - author = {Cardarelli, Roberto and Igan, Deniz and Rebucci, Alessandro}, - title = {The Changing Housing Cycle and the Implications for Monetary Policy}, - booktitle = {World Economic Outlook}, - publisher = {Washington: International Monetary Fund}, - year = 2008, - chapter = 3 -} - -@TECHREPORT{cir08, - author = {Roberto Cardarelli and Deniz Igan and Alessandro Rebucci}, - title = {The Changing Housing Cycle and the Implications for Monetary Policy}, - institution = {International Monetary Fund, April}, - year = 2008, - type = {{World Economic Outlook, 103--133}} -} - -@ARTICLE{cll05, - author = {Raquel Carrasco and Jos{\'}{e} M. Labeaga and J. David L{\'}{o}pez-Salido}, - title = {Consumption and Habits: Evidence from Panel Data}, - journal = {Economic Journal}, - year = 2005, - volume = 115, - pages = {144--165}, - number = 500 -} - -@ARTICLE{cll:habits, - author = {Carrasco, Raquel and Labeaga, Jos\`{e} M. and L\`opez-Salido, J. David}, - title = {Consumption and Habits: Evidence from Panel Data}, - journal = {Economic Journal}, - year = 2005, - volume = 115, - pages = {144--165}, - number = 500, - note = {available at \url{http://ideas.repec.org/a/ecj/econjl/v115y2005i500p144-165.html}} -} - -@ARTICLE{carrington:wagelosses, - author = {Carrington, William J.}, - title = {Wage Losses for Displaced Workers}, - journal = {Journal of Human Resources}, - year = 1993, - volume = {XXVIII}, - pages = {435--62}, - number = 3 -} - -@ARTICLE{socialBufferStock, - author = {Carroll, Christopher}, - title = {Social Learning and Buffer Stock Saving}, - journal = {Ongoing research project}, - year = 2008 -} - -@BOOK{ccsCE, - title = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = {Forthcoming (2014)}, - author = {Christopher Carroll and Thomas Crossley and John Sabelhaus}, - institution = {National Bureau of Economic Research}, - type = {Book}, -} - -@INCOLLECTION{carroll:epidemicinflSFI, - author = {Carroll, Christopher D.}, - title = {The {E}pidemiology of {M}acroeconomic {E}xpectations}, - booktitle = {The Economy as an Evolving Complex System, III}, - publisher = {Oxford University Press}, - year = 2006, - editor = {Blume, Larry and Durlauf, Steven}, - url = {https://github.com/llorracc/EpidemiologyOfMacro/blob/main/EpidemiologySFI.pdf} -} - - -@INPROCEEDINGS{discussgw, - author = {Carroll, Christopher D.}, - title = {Discussion of `Macroeconomic Derivatives: An Initial Analysis of Market-Based Macro Forecasts, Uncertainty, and Risk' by Gurkaynak and Wolfers}, - booktitle = {NBER International Seminar on Macroeconomics}, - year = 2005, - editor = {Frankel, Jeffrey B.}, - publisher = {MIT Press}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/discuss/ISOM/gw/2005-06.zip}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/discuss/ISOM/gw/2005-06.zip}, - url = {https://www.econ2.jhu.edu/people/ccarroll/discuss/ISOM/gw/2005-06.zip} -} - -@INPROCEEDINGS{cdc:discussdk, - author = {Carroll, Christopher D.}, - title = {Discussion of `{T}he {R}ise in {U}.{S}.\ {H}ousehold {I}ndebtedness: {C}auses and {C}onsequences'}, - booktitle = {Financial Stability and the Economic System (Proceedings of a Conference at the Reserve Bank of Australia, August 22, 2007)}, - year = 2007, - editor = {Kent, Christopher}, - note = {\url{http://www.rba.gov.au/PublicationsAndResearch/Conferences/2007/Dynan_Kohn_disc.pdf}}, - bdsk-url-1 = {http://www.rba.gov.au/PublicationsAndResearch/Conferences/2007/Dynan_Kohn_disc.pdf}, - url = {http://www.rba.gov.au/PublicationsAndResearch/Conferences/2007/Dynan_Kohn_disc.pdf} -} - -@INPROCEEDINGS{msClunkersDiscuss, - author = {Carroll, Christopher D.}, - title = {Discussion of ``The Effects of Fiscal Stimulus: Evidence from the 2009 `Cash for Clunkers' Program''}, - booktitle = {Monetary Economics Meetings, Fall 2010}, - year = 2010, - editor = {Romer, David and Shapiro, Matthew}, - institution = {National Bureau of Economic Research}, - type = {Discussion} -} - -@ARTICLE{When-FHWC-Holds, - author = {Carroll, Christopher D.}, - year = {Ongoing}, - title = {Mathematica Notebook Illustrating Target Wealth In Cases Where FHWC-TBS Fails}, - journal = {./Code/Mathematica/Examples/ManipulateParameters/When-FHWC-Holds.nb}, - url = {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.zip}, - note = {Download \href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.zip}{archive} and open Mathematica notebook} -} - -@ARTICLE{CRRA-RateRisk, - author = {Carroll, Christopher D.}, - title = {The Merton-Samuelson Model}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/assetpricing/CRRA-RateRisk/}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/AssetPricing/CRRA-RateRisk/} -} - -@INPROGRESS{carroll:learning, - author = {Carroll, Christopher D.}, - title = {Learning About Intertemporal Choice}, - year = {ongoing}, - journal = {Work in Progress} -} - -@INPROGRESS{carroll:stickycons, - author = {Carroll, Christopher D.}, - title = {Sluggish Consumption and Sticky Expectations}, - year = {ongoing}, - journal = {Work in Progress} -} - -@article{RepresentingWithoutRA-0-CFS, - author = {Carroll, Christopher D.}, - title = {Representing Consumption and Saving Without a Representative Consumer}, - year = 2014, - institution = {Center for Financial Studies (CFS)}, - journal = {CFS Working Paper Series}, - url = {http://ideas.repec.org/p/zbw/cfswop/464.html}, - note = {At \url{http://ideas.repec.org/p/zbw/cfswop/464.html}}, - volume = 464, - abstract = {The Great Recession confirmed a bedrock principle of modern consumption theory: It is impossible to explain aggregate spending behavior without knowledge of the underlying microeconomic distribution of circumstances and choices across households. National accounting frameworks therefore need to be augmented by \"bottom up\" measures that both (a) capture the microeconomic heterogeneity (in expenditures, income, assets, debt, and beliefs) in the population and (b) sum up to statistics that have a recognizable relationship to the aggregate totals that are already reasonably well measured.}, - keywords = {National Accounting; Inequality; Distribution}, -} - -@INCOLLECTION{RepresentingWithoutRA, - author = {Christopher D. Carroll}, - title = {Representing Consumption and Saving Without a Representative Consumer}, - booktitle = {Measuring Economic Sustainability and Progress}, - publisher = {University of Chicago Press}, - year = 2014, - series = {NBER-CRIW Studies in Income and Wealth}, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/papers/RepresentingWithoutRA/}}, - editors = {Dale W.\ Jorgenson and J.\ Steven Landefeld and Paul Schreyer}, - url = {http://ideas.repec.org/h/nbr/nberch/12824.html}, - abstract = {The Great Recession confirmed a bedrock principle of modern consumption theory: It is impossible to explain aggregate spending behavior without knowledge of the underlying microeconomic distribution of circumstances and choices across households. National accounting frameworks therefore need to be augmented by \"bottom up\" measures that both (a) capture the microeconomic heterogeneity (in expenditures, income, assets, debt, and beliefs) in the population and (b) sum up to statistics that have a recognizable relationship to the aggregate totals that are already reasonably well measured.}, -} - -@MISC{MathFacts, - author = {Carroll, Christopher D.}, - title = {Math Facts Useful for Graduate Macroeconomics}, - howpublished = {Online Lecture Notes}, - year = {Current}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/mathfacts/}, - url = {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/mathfacts/} -} - -@ARTICLE{carroll:nexus, - author = {Carroll, Christopher D.}, - title = {Habits, Precautionary Saving, and the Growth-Saving Nexus}, - journal = {Unpublished Manuscript, Johns Hopkins University}, - year = {{{2000} } - -@article{carroll:nexusinprogress -}} -} - -@ARTICLE{W-Hetero-Fed, - author = {Christopher D. Carroll}, - title = {Implications of Wealth Heterogeneity For Macroeconomics}, - journal = {Johns Hopkins University Department of Economics Working Paper Number 597}, - year = 2012, - month = {May}, - note = {Paper for Academic Consultants' Meeting, Board of Governors of the Federal Reserve System, available at \url{https://www.econ2.jhu.edu/people/ccarroll/papers/W-Hetero-Fed.pdf}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/W-Hetero-Fed.pdf} -} - -@Article{carrollBSTheory, - Title = {Theoretical {F}oundations of {B}uffer {S}tock {S}aving}, - Author = {Carroll, Christopher}, - Journal = {Econ-ARK REMARK}, - Year = 2020, - Note = {Available at \url{https://econ-ark.github.io/BufferStockTheory}}, - Url = {https://econ-ark.github.io/BufferStockTheory.pdf}, - status = {Under Revision} -} - -% Updates here should sync with /Volumes/Data/Papers/BufferStockTheory/BufferStockTheory-Latest/LaTeX/BufferStockTheory-Self.bib and the corresponding public version - -@article{BufferStockTheory, - author = {Christopher D. Carroll}, - journal = {Revise and Resubmit, Quantitative Economics}, - title = {Theoretical Foundations of Buffer Stock Saving}, - year = 2023, - url = {https://econ-ark.github.io/BufferStockTheory}, - doi = {https://zenodo.org/badge/latestdoi/304124725} -} - -@article{BufferStockTheoryRR, - author = {Christopher D. Carroll and Akshay Shanker}, - journal = {Revise and Resubmit, Quantitative Economics}, - title = {Theoretical Foundations of Buffer Stock Saving}, - year = 2023, - url = {https://econ-ark.github.io/BufferStockTheory}, - doi = {https://zenodo.org/badge/latestdoi/304124725} -} - -@article{BufferStockTheoryQESubmit, - author = {Christopher D. Carroll}, - journal = {Quantitative Economics}, - title = {Theoretical Foundations of Buffer Stock Saving}, - year = {2019, Submitted}, - url = {https://econ-ark.github.io/BufferStockTheory}, - doi = {https://zenodo.org/badge/latestdoi/304124725} -} - -@ARTICLE{carroll:bstheoryNBERWP, - author = {Carroll, Christopher D.}, - title = {Theoretical {F}oundations of {B}uffer {S}tock {S}aving}, - journal = {NBER Working Paper No.\ 10867}, - year = 2004, - month = {November} -} - -@ARTICLE{carroll:bstheorynourl, - author = {Carroll, Christopher D.}, - title = {Theoretical {F}oundations of {B}uffer {S}tock {S}aving}, - journal = {Manuscript, Johns Hopkins University}, - year = 2004 -} - -@ARTICLE{carroll:bstheory, - author = {Carroll, Christopher D.}, - title = {Theoretical {F}oundations of {B}uffer {S}tock {S}aving}, - journal = {NBER Working Paper No. 10867 (Status: Revise and Resubmit, {\em Quantitative Economics}, 2014)}, - year = 2004, - month = {November}, - note = {Latest version available at {\url{https://www.econ2.jhu.edu/people/ccarroll/BufferStockTheory.pdf}}} -} - -@ARTICLE{SolvingMicroDSOPs, - author = {Carroll, Christopher D.}, - title = {Solving Microeconomic Dynamic Stochastic Optimization Problems}, - journal = {Econ-ARK REMARK}, - year = 2023, - url = {https://llorracc.github.io/SolvingMicroDSOPs}, -} - -@ARTICLE{carroll:mpcperm, - author = {Carroll, Christopher D.}, - title = {Precautionary Saving and the Marginal Propensity to Consume Out of Permanent Income}, - journal = {Journal of Monetary Economics}, - year = 2009, - volume = 56, - pages = {780--790}, - number = 6, - month = {September}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/MPCPerm}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/MPCPerm.pdf}, - bdsk-url-2 = {http://dx.doi.org/10.1016/j.jmoneco.2009.06.016}, - doi = {http://dx.doi.org/10.1016/j.jmoneco.2009.06.016}, - publisher = {Elsevier}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/MPCPerm.pdf} -} - -@TECHREPORT{carrollTractable, - author = {Carroll, Christopher D.}, - title = {Lecture Notes: A Tractable Model of Buffer Stock Saving}, - institution = {Johns Hopkins University}, - year = 2016, - note = {At {\url{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption}}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.pdf} -} - -@ARTICLE{TractableBufferStock, - author = {Carroll, Christopher D.}, - title = {A Tractable Model of Buffer Stock Saving}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf}, - year = 2009, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf} -} - -@Article{carrollIrrational, - Title = {Recent Stock Declines: Panic or the Purge of `Irrational Exuberance'?}, - Author = {Carroll, Christopher D.}, - Journal = {The Economists' Voice}, - Year = 2008, - Note = {\url{https://www.econ2.jhu.edu/people/ccarroll/opinion/CampbellShillerReduxFinal.pdf}}, - Volume = 5, - Doi = {10.2202/1553-3832.1462}, - Owner = {Nic Johnson}, - Url = {https://www.econ2.jhu.edu/people/ccarroll/opinion/CampbellShillerReduxFinal.pdf} -} - -@INCOLLECTION{carroll:consumption, - author = {Carroll, Christopher D.}, - title = {Consumption}, - booktitle = {Encyclopedia Brittanica}, - year = 2007 -} - -@ARTICLE{CARAModelWithYRisk, - author = {Carroll, Christopher D.}, - title = {The CARA Model With Income Risk}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/CARAModelWithY% Risk.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/CARAModelWithYRisk.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/CARAModelWithYRisk.pdf} -} - -@ARTICLE{ConsAndLaborSupply, - author = {Carroll, Christopher D.}, - title = {Consumption and Labor Supply}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/ConsAndLaborSu% pply.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/ConsAndLaborSupply.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/ConsAndLaborSupply.pdf} -} - -@ARTICLE{Durables, - author = {Carroll, Christopher D.}, - title = {Spending on Durable and Nondurable Goods}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Durables.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Durables.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/Durables.pdf} -} - -@ARTICLE{Envelope, - author = {Carroll, Christopher D.}, - title = {The Envelope Theorem and the Euler Equation}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/envelope.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/envelope.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/envelope.pdf} -} - -@ARTICLE{GenAcctsAndGov, - author = {Carroll, Christopher D.}, - title = {Generational Accounts and the Government Budget Constraint}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/GenAcctsAndGov% .pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/GenAcctsAndGov.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/GenAcctsAndGov.pdf} -} - -@ARTICLE{Habits, - author = {Carroll, Christopher D.}, - title = {Consumption Models with Habit Formation}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Habits.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Habits.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/Habits.pdf} -} - -@ARTICLE{Laibson, - author = {Carroll, Christopher D.}, - title = {Time Inconsistency {\it a la} Laibson}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Laibson.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Laibson.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/Laibson.pdf} -} - -@ARTICLE{OLGModel, - author = {Carroll, Christopher D.}, - title = {The Diamond Overlapping Generations Model}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/OLGModel.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/OLGModel.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/OLGModel.pdf} -} - -@ARTICLE{PerfForesightCRRA, - author = {Carroll, Christopher D.}, - title = {The Perfect Foresight CRRA Consumption Model}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/PerfForesightC% RRA.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/PerfForesightCRRA.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/PerfForesightCRRA.pdf} -} - -@ARTICLE{RiskAndPSPremia, - author = {Carroll, Christopher D.}, - title = {Risk and Precautionary Premia}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/RiskAndPSPRemi% a.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/RiskAndPSPRemia.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/RiskAndPSPRemia.pdf} -} - -@ARTICLE{SocSecAndKAccum, - author = {Carroll, Christopher D.}, - title = {Social Security and Capital Accumulation}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/SocSecAndKAccu% m.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/SocSecAndKAccum.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/SocSecAndKAccum.pdf} -} - -@ARTICLE{carrollEGMNBER, - author = {Carroll, Christopher D.}, - title = {The {M}ethod of {E}ndogenous {G}ridpoints for {S}olving {D}ynamic {S}tochastic {O}ptimization {P}roblems}, - journal = {National Bureau of Economic Research Technical Working Paper No. 309}, - year = 2005, - month = {June}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/EndogenousGridpoints.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/EndogenousGridpoints.pdf} -} - -@TECHREPORT{car04, - author = {Christopher D. Carroll}, - title = {Housing Wealth and Consumption Expenditure}, - institution = {Johns Hopkins University}, - journal = {Paper for Presentation at Academic Consultants' Meeting at the Board of Governors of the Federal Reserve System}, - year = 2004, - type = {mimeo} -} - -@TECHREPORT{car04b, - author = {Carroll, Christopher D.}, - title = {Theoretical Foundations of Buffer Stock Saving}, - institution = {NBER}, - year = 2004, - type = {working paper}, - number = 10867 -} - -@ARTICLE{carroll:fedwealth, - author = {Carroll, Christopher D.}, - title = {Housing Wealth and Consumption Expenditure}, - journal = {Paper Prepared for Briefing of Board of Governors of the Federal Reserve System}, - year = 2004, - month = {January}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/FedHouseWealthv2.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/FedHouseWealthv2.pdf} -} - -@ARTICLE{Carroll2004, - author = {Carroll, Christopher D.}, - title = {Housing Wealth and Consumption Expenditure}, - journal = {Paper Prepared for Academic Consultants Meeting of Federal Reserve Board, January 2004}, - year = 2004, - note = {At {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/FedHouseWealthv2.pdf}}}, - institution = {Johns Hopkins University} -} - -@ARTICLE{carroll:macroexpectjhu, - author = {Carroll, Christopher D.}, - title = {Macroeconomic {E}xpectations of {H}ouseholds and {P}rofessional {F}orecasters}, - journal = {Johns Hopkins University Department of Economics Working Papers Number 477}, - year = 2002, - month = {December} -} - -@INCOLLECTION{carroll:richportfolios, - author = {Carroll, Christopher D.}, - title = {Portfolios of the Rich}, - booktitle = {Household Portfolios: Theory and Evidence}, - publisher = {MIT Press}, - year = 2002, - address = {Cambridge, MA}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/richportfolios.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/richportfolios.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/richportfolios.pdf} -} - -@ARTICLE{carroll:atheorynberwp, - author = {Carroll, Christopher D.}, - title = {A Theory of the Consumption Function, With and Without Liquidity Constraints (Expanded Version)}, - journal = {NBER Working Paper Number W8387}, - year = 2001, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3NBER.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3NBER.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3NBER.pdf} -} - -@ARTICLE{carroll:death, - author = {Carroll, Christopher D.}, - title = {Death to the {L}og-{L}inearized {C}onsumption {E}uler {E}quation! ({A}nd {V}ery {P}oor {H}ealth to the {S}econd-{O}rder Approximation)}, - journal = {Advances in Macroeconomics}, - year = 2001, - volume = 1, - pages = {Article 6}, - number = 1, - doi = {10.2202/1534-6013.1003} -} - -@ARTICLE{carroll:deathbepress, - author = {Carroll, Christopher D.}, - title = {Death to the Log-Linearized Consumption Euler Equation! (And Very Poor Health to the Second-Order Approximation)}, - journal = {Advances in Macroeconomics}, - year = 2001, - volume = 1, - pages = {Article 6}, - number = 1, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/death.pdf}, - url = {\url{https://www.econ2.jhu.edu/people/ccarroll/death.pdf}} -} - -@ARTICLE{carroll:mpcpermNBER, - author = {Carroll, Christopher D.}, - title = {Precautionary Saving and the Marginal Propensity to Consume Out of Permanent Income}, - journal = {NBER Working Paper Number W8233}, - year = 2001, - month = {April}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/MPCPermBigNBER.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/MPCPermBigNBER.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/MPCPermBigNBER.pdf} -} - -@INCOLLECTION{carroll:richportfoliosNBERWP, - author = {Carroll, Christopher D.}, - title = {{P}ortfolios of the {R}ich}, - booktitle = {NBER Working Paper No.\ 7826}, - year = 2001, - month = {August} -} - -@ARTICLE{carroll:RiskyHabits, - author = {Carroll, Christopher D.}, - title = {`{R}isky {H}abits' and the {M}arginal {P}ropsensity to {C}onsume {O}ut of {P}ermanent {I}ncome}, - journal = {International Economic Journal}, - year = 2000, - volume = 14, - pages = {1--41}, - number = 4, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/riskyhabits.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/riskyhabits.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/riskyhabits.pdf} -} - -@ARTICLE{carroll:RiskyHabitsNBERWP, - author = {Carroll, Christopher D.}, - title = {`{R}isky {H}abits' and the {M}arginal {P}ropsensity to {C}onsume {O}ut of {P}ermanent {I}ncome}, - journal = {NBER Working Paper No. 7839}, - year = 2000 -} - -@ARTICLE{carroll:solvinghabits, - author = {Carroll, Christopher D.}, - title = {Solving Consumption Models with Multiplicative Habits}, - journal = {Economics Letters}, - year = 2000, - volume = 68, - pages = {67--77}, - number = 1, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/HabitsEconLett.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/HabitsEconLett.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/HabitsEconLett.pdf} -} - -@ARTICLE{carroll:habitstheoryshort, - author = {Carroll, Christopher D.}, - title = {Solving Models with Multiplicative Habits}, - journal = {Manuscript, Johns Hopkins University}, - year = 1999 -} - -@ARTICLE{carroll:riskyhabitsasia, - author = {Carroll, Christopher D.}, - title = {How `{R}isky {H}abits' {C}an {E}xplain a {L}ow {M}arginal {P}ropensity to {C}onsume {D}uring {R}ecessions}, - journal = {Invited Paper for Special Issue of International Economic Journal}, - year = 1999 -} - -@MISC{carroll:macrosolve, - author = {Carroll, Christopher D.}, - title = {Sources and Methods for 'Unemployment Expectations, Jumping (S,s) Triggers, and Household Balance Sheets'}, - howpublished = {Web archive}, - year = 1998, - bdsk-url-1 = {http://nber.econ.jhu.edu:8080/People/ccarroll.html}, - url = {http://nber.econ.jhu.edu:8080/People/ccarroll.html} -} - -@ARTICLE{carroll:richsavenberwp, - author = {Carroll, Christopher D.}, - title = {{W}hy {D}o the {R}ich {S}ave {S}o {M}uch?}, - journal = {NBER Working Paper Number 6549}, - year = 1998, - month = {May} -} - -@ARTICLE{carroll:deathNBERWP, - author = {Carroll, Christopher D.}, - title = {{D}eath to the {L}og-{L}inearized {C}onsumption {E}uler {E}quation! ({A}nd {V}ery {P}oor {H}ealth to the {S}econd-{O}rder {A}pproximation)}, - journal = {NBER Working Paper No.\ 6298}, - year = 1997 -} - -@ARTICLE{carroll:bslcpihNBERWP, - author = {Carroll, Christopher D.}, - title = {Buffer-{S}tock {S}aving and the {L}ife {C}ycle/{P}ermanent {I}ncome {H}ypothesis}, - journal = {NBER Working Paper No.\ 5788}, - year = 1996, - month = {October} -} - -@ARTICLE{carroll:howdoesfuture, - author = {Carroll, Christopher D.}, - title = {How Does Future Income Affect Current Consumption?}, - journal = {The Quarterly Journal of Economics}, - year = 1994, - volume = {CIX}, - pages = {111--148}, - number = 1, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/howdoesfuture.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/howdoesfuture.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/howdoesfuture.pdf} -} - -@ARTICLE{carroll:savingdecline, - author = {Carroll, Christopher D.}, - title = {The Decline in {U}.{S}.\ Saving}, - journal = {Forum for Applied Research and Public Policy}, - year = 1993, - volume = 8, - number = 4 -} - -@PHDTHESIS{carroll:phdthesis, - author = {Carroll, Christopher D.}, - title = {Three Essays on Consumption, Income, and Saving}, - school = {MIT}, - year = 1990 -} - -@ARTICLE{carroll&dunn:moredeath, - author = {Carroll, Christopher D. and Dunn, Wendy}, - title = {Euler Equation Estimation With Aggregated Time Series Data}, - journal = {Work in Progress}, - year = 1999 -} - -@INCOLLECTION{cdSs, - author = {Carroll, Christopher D. and Dunn, Wendy E.}, - title = {Unemployment {E}xpectations, {J}umping ({S},s) {T}riggers, and {H}ousehold {B}alance {S}heets}, - booktitle = {NBER Macroeconomics Annual, 1997}, - publisher = {MIT Press}, - year = 1997, - editor = {Bernanke, Benjamin S. and Rotemberg, Julio}, - pages = {165--229}, - address = {Cambridge, MA}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/macroann.pdf}; Methodological Appendix: \url{https://www.econ2.jhu.edu/people/ccarroll/methods3.pdf}; Empirical Results and Simulation Programs: \url{https://www.econ2.jhu.edu/people/ccarroll/cdfiles.html};}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/macroann.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/macroann.pdf} -} - -@ARTICLE{carroll&dunn:methods, - author = {Carroll, Christopher D. and Dunn, Wendy E.}, - title = {Data Sources and Solution Methods for Empirical and Theoretical Results in 'Unemployment Expectations, Jumping (S,s) Triggers, and Household Balance Sheets'}, - journal = {https://www.econ2.jhu.edu/People/CCarroll/carroll.html}, - year = 1998 -} - -@ARTICLE{cdSsNBERWP, - author = {Carroll, Christopher D. and Dunn, Wendy E.}, - title = {{U}nemployment {E}xpectations, {J}umping ({S},s) {T}riggers, and {H}ousehold {B}alance {S}heets}, - journal = {NBER Working Paper No. 6081}, - year = 1997, - month = {July} -} - -@ARTICLE{cdk:balance, - author = {Carroll, Christopher D. and Dynan, Karen E. and Krane, Spencer S.}, - title = {Unemployment {R}isk and {P}recautionary {W}ealth: {E}vidence from {H}ouseholds' {B}alance {S}heets}, - journal = {Review of Economics and Statistics}, - year = 2003, - volume = 85, - number = 3, - month = {August}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf} -} - -@ARTICLE{cdk:balanceFEDS, - author = {Carroll, Christopher D. and Dynan, Karen E. and Krane, Spencer S.}, - title = {Unemployment {R}isk and {P}recautionary {W}ealth: {E}vidence from {H}ouseholds' {B}alance {S}heets}, - journal = {Finance and Economics Discussion Series Number 1999-15, Federal Reserve Board}, - year = 1999, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf} -} - -@ARTICLE{carroll&fratantoni:habits, - author = {Carroll, Christopher D. and Fratantoni, Michael}, - title = {Implications of Habit Formation for Consumption and Portfolio Choice}, - journal = {Work In Progress}, - year = 1999 -} - -@Article{cfwSentiment, - Title = {Does Consumer Sentiment Forecast Household Spending? {I}f So, Why?}, - Author = {Carroll, Christopher D. and Fuhrer, Jeffrey C. and Wilcox, David W.}, - Journal = {American Economic Review}, - Year = 1994, - Number = 5, - Pages = {1397-1408}, - Volume = 84, - Owner = {Nic Johnson}, - score = 20, -} - -@ARTICLE{cj:bufferIntl, - author = {Carroll, Christopher D. and Jeanne, Olivier}, - title = {A Tractable Model of Precautionary Reserves, Net Foreign Assets, or Soverign Wealth Funds}, - journal = {Work In Progress}, - year = {ongoing} -} - -@Article{CarrollKimballPSPW, - Title = {Precautionary Saving and Precautionary Wealth}, - Author = {Carroll, Christopher D. and Kimball, Miles S.}, - Journal = {Palgrave Dictionary of Economics and Finance, 2nd Ed.}, - Year = 2007, - Note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/PalgravePrecautionary.pdf}}, - Url = {https://www.econ2.jhu.edu/people/ccarroll/papers/PalgravePrecautionary.pdf} -} - -@ARTICLE{carroll&kimball:liquidity, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {Liquidity Constraints and Precautionary Saving}, - journal = {Manuscript, Johns Hopkins University}, - year = 2005, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/liquidRevised.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/liquidRevised.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/liquidRevised.pdf} -} - -@ARTICLE{carroll&kimball:liquidityHopkins, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {Liquidity Constraints and Precautionary Saving}, - journal = {Johns Hopkins University Working Paper Number 455}, - year = 2001, - month = {August}, - note = {\url{https://www.econ2.jhu.edu/pdf/papers/CarrollKimball2001.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/pdf/papers/CarrollKimball2001.pdf}, - url = {https://www.econ2.jhu.edu/pdf/papers/CarrollKimball2001.pdf} -} - -@ARTICLE{carroll&kimball:liquidityNBERWP, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {Liquidity {C}onstraints and {P}recautionary {S}aving}, - journal = {NBER Working Paper No. 8496}, - year = 2001 -} - -@INPROGRESS{carrollmaccini:entrepreneurs, - author = {Carroll, Christopher D. and Maccini, Louis J.}, - title = {Entrepreneurial Investment, Consumption Smoothing, and Dividends}, - year = {ongoing}, - journal = {Work in Progress}, - note = {With Louis J. Maccini} -} - -@ARTICLE{cosOzStickyC, - author = {Carroll, Christopher D. and Ossolinski, Crystal and Sla{\-}calek, Jiri}, - title = {Sticky Consumption Growth and Housing Wealth Effects: Evidence from Australia}, - journal = {Work In Progress}, - year = {ongoing} -} - -@TECHREPORT{co04, - author = {Christopher D. Carroll and Misuzu Otsuka}, - title = {Estimating the Wealth Effect on Consumption}, - institution = {Johns Hopkins University}, - year = 2004, - type = {mimeo} -} - -@TECHREPORT{cosHowLargeorig, - author = {Christopher D. Carroll and Misuzu Otsuka and Jiri Sla{\-}calek}, - title = {What Is the Wealth Effect on Consumption? A New Approach}, - institution = {Johns Hopkins University}, - year = 2006, - type = {mimeo} -} - -@ARTICLE{cow:habits, - author = {Carroll, Christopher D. and Overland, Jody R. and Weil, David N.}, - title = {Saving and {G}rowth with {H}abit {F}ormation}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {341--355}, - number = 3, - month = {June}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/AERHabits.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/AERHabits.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/AERHabits.pdf} -} - -@ARTICLE{cow00, - author = {Christopher D. Carroll and Jody R. Overland and David N. Weil}, - title = {Saving and Growth with Habit Formation}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {341--55}, - number = 3 -} - -@ARTICLE{cow:envy, - author = {Carroll, Christopher D. and Overland, Jody R. and Weil, David N.}, - title = {Comparison Utility in a Growth Model}, - journal = {Journal of Economic Growth}, - year = 1997, - volume = 2, - pages = {339--367}, - number = 4, - month = {December}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/compare.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/compare.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/compare.pdf} -} - -@ARTICLE{cow:habitsfuhrercite, - author = {Carroll, Christopher D. and Overland, Jody R. and Weil, David N.}, - title = {Saving and Growth with Habit Formation}, - journal = {FEDS Working Paper \# 95-42}, - year = 1995 -} - -@ARTICLE{crr:census, - author = {Carroll, Christopher D. and Rhee, Changyong and Rhee, Byungkun}, - title = {Does {C}ultural {O}rigin {A}ffect {S}aving {B}ehavior? {E}vidence from {I}mmigrants}, - journal = {Economic Development and Cultural Change}, - year = 1999, - volume = 48, - pages = {33--50}, - number = 1, - month = {October}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/censave.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/censave.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/censave.pdf} -} - -@ARTICLE{crr:censusNBERWP, - author = {Carroll, Christopher D. and Rhee, Changyong and Rhee, Byungkun}, - title = {Does {C}ultural {O}rigin {A}ffect {S}aving {B}ehavior? {E}vidence from {I}mmigrants}, - journal = {NBER Working Paper No. 6568}, - year = 1998, - month = {May} -} - -@ARTICLE{crr:culture, - author = {Carroll, Christopher D. and Rhee, Changyong and Rhee, Byungkun}, - title = {Are {T}here {C}ultural {E}ffects on {S}aving? {S}ome {C}ross-{S}ectional {E}vidence}, - journal = {The Quarterly Journal of Economics}, - year = 1994, - volume = {CIX}, - pages = {685--700}, - number = 3, - month = {August}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/crr-culture-qje.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/crr-culture-qje.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/crr-culture-qje.pdf} -} - -@ARTICLE{carroll&samwick:howbig, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {{H}ow {I}mportant {I}s {P}recautionary {S}aving?}, - journal = {Review of Economics and Statistics}, - year = 1998, - volume = 80, - pages = {410--419}, - number = 3, - month = {August}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/howbig.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/howbig.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/howbig.pdf} -} - -@ARTICLE{carroll&samwick:howbigNBERWP, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {{H}ow {I}mportant {I}s {P}recautionary {S}aving?}, - journal = {NBER Working Paper No. 5194}, - year = 1995, - month = {July} -} - -@ARTICLE{carroll&samwick:natureNBERWP, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The {N}ature of {P}recautionary {W}ealth}, - journal = {NBER Working Paper No. 5193}, - year = 1995, - month = {July} -} - -@ARTICLE{carroll&samwick:naturewp, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The Nature of Precautionary Wealth}, - journal = {Manuscript, The Johns Hopkins University}, - year = 1995 -} - -@TECHREPORT{cs:stickyExp, - author = {Christopher D. Carroll and Jiri Sla{\-}calek}, - title = {Sticky Expectations and Consumption Dynamics}, - institution = {Johns Hopkins University}, - year = 2006, - type = {mimeo} -} - -@ARTICLE{cosHousing, - author = {Carroll, Christopher D. and Sla{\-}calek, Jiri and Otsuka, Misuzu}, - title = {How Large Is the Housing Wealth Effect? A New Approach}, - journal = {NBER Working Paper Number 12746}, - year = 2006, - month = {December}, - note = {\url{http://www.nber.org/papers/w12746}}, - bdsk-url-1 = {http://www.nber.org/papers/w12746}, - url = {http://www.nber.org/papers/w12746} -} - -@TECHREPORT{css:epid2, - author = {Christopher D. Carroll and Jiri Sla{\-}calek and Martin Sommer}, - title = {International Evidence on Sticky Consumption Dynamics}, - institution = {Johns Hopkins University}, - year = {in progress}, - type = {mimeo} -} - -@ARTICLE{cssUSSaving, - author = {Carroll, Christopher D. and Jiri Sla{\-}calek and Martin Sommer}, - title = {Dissecting Saving Dynamics: Measuring Wealth, Precautionary, and Credit Effects}, - journal = {\href{https://www.econ2.jhu.edu/people/ccarroll/papers/cssUSSaving/}{Manuscript, Johns Hopkins University}}, - year = 2019, -} - -@TECHREPORT{css:epid, - author = {Christopher D. Carroll and Jiri Sla{\-}calek and Martin Sommer}, - title = {The Epidemiology of Consumption}, - institution = {Johns Hopkins University}, - year = 2005, - type = {mimeo} -} - -@TECHREPORT{carroll&slacalek&tokuoka:stickyex, - author = {Carroll, Christopher D. and Sla{\-}calek, Jiri and Tokuoka, Kiichi}, - title = {Sticky Expectations and Consumption Dynamics}, - year = {in progress}, - journal = {Manuscript} -} - -@TECHREPORT{cstMPC, - author = {Christopher D. Carroll and Jiri Sla{\-}calek and Kiichi Tokuoka}, - title = {The Dis{\-}tri{\-}bu{\-}tion of Wealth and the Marginal Propensity to Consume}, - institution = {Johns Hopkins University}, - year = 2013, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/papers/cstMPC}}, -} - -@article{cstMPCxc, - title = {The Dis{\-}tri{\-}bu{\-}tion of Wealth and the MPC: Implications of New European Data}, - author = {Carroll, Christopher D. and Sla{\-}calek, Jiri and Tokuoka, Kiichi}, - journal = {The American Economic Review}, - volume = 104, - number = 5, - pages = {107--111}, - year = 2014, - publisher = {American Economic Association}, - note = {At \href{https://www.econ2.jhu.edu/people/ccarroll/papers/cstMPCxc}{\texttt{https://www.econ2.jhu.edu/people/ccarroll/papers/cstMPCxc}}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/cstMPCxc} -} - -@TECHREPORT{cst:BSinKSmanuscript, - author = {Christopher D. Carroll and Jiri Sla{\-}calek and Kiichi Tokuoka}, - title = {Digestible Microfoundations: Buffer-Stock Saving in a Krussel--Smith World}, - institution = {Johns Hopkins University}, - year = 2011, - type = {mimeo} -} - -@ARTICLE{carroll&sommer:epidemiology, - author = {Carroll, Christopher D. and Sommer, Martin}, - title = {Dynamics of Aggregate Consumption in an Epidemiological Model}, - journal = {Manuscript, Johns Hopkins University}, - year = 2004 -} - -@Incollection{sswNAIRU, - author = {Staiger, Douglas and James H. Stock and Mark W. Watson}, - title = {Prices Wages and the US NAIRU in the 1990s}, - year = 2001, - booktitle = {The Roaring Nineties: Can Full Employment Be Sustained?}, - editor = {Alan B. Krueger and Robert Solow}, - publication = {type}, - publisher = {The Russell Sage Foundation and Century Press}, - address = {New York} -} - -@ARTICLE{cssIntlStickyC, - author = {Carroll, Christopher D. and Sommer, Martin and Sla{\-}calek, Jiri}, - title = {International Evidence on Sticky Consumption Growth}, - journal = {Review of Economics and Statistics}, - year = 2011, - volume = 93, - pages = {1135--1145}, - number = 4, - month = {October}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cssIntlStickyC/}}, - URL = { https://doi.org/10.1162/REST_a_00122}, - abstract = {This paper estimates the degree of stickiness in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness parameter of about 0.7 on average across countries. The sticky consumption growth model outperforms the random walk model of Hall (1978) and typically fits the data better than the popular Mankiw (1989) model, though in a few countries, the sticky consumption growth and Campbell-Mankiw models work about equally well. }, - doi = {10.1162/REST\_a\_00122}, - eprint = { https://doi.org/10.1162/REST_a_00122 } -} - -@ARTICLE{cssIntlStickyCJHU, - author = {Carroll, Christopher D. and Sommer, Martin and Sla{\-}calek, Jiri}, - title = {International Evidence on Sticky Consumption Growth}, - journal = {Johns Hopkins University Working Paper Number 542}, - year = 2008, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cssIntlStickyC/}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/cssIntlStickyC.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/cssIntlStickyC.pdf} -} - -@InCollection{carroll&summers:cparallelsy, - Title = {Consumption Growth Parallels Income Growth: Some New Evidence}, - Author = {Carroll, Christopher D. and Summers, Lawrence H.}, - Booktitle = {National Saving and Economic Performance}, - Publisher = {Chicago University Press}, - Year = 1991, - Address = {Chicago}, - Editor = {{B.~Douglas Bernheim} and {John B. Shoven}}, - Note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/CParallelsY.pdf}}, - Owner = {Nic Johnson}, - Url = {https://www.econ2.jhu.edu/people/ccarroll/papers/CParallelsY.pdf} -} - -@ARTICLE{carroll&summers:jme, - author = {Carroll, Christopher D. and Summers, Lawrence H.}, - title = {Why Have Private Saving Rates in the US and Canada Diverged?}, - journal = {Journal of Monetary Economics}, - year = 1987, - volume = 20, - pages = {249--279}, - number = 2, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/CarrollSummersJME.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/CarrollSummersJME.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/CarrollSummersJME.pdf} -} - -@INPROGRESS{BSSinDGE, - author = {Carroll, Christopher D. and Tokuoka, Kiichi}, - title = {JEDC Project on Benchmark Solutions to Heterogeneous Agents Models}, - year = {Expected publication in {\it Journal of Economic Dynamics and Control}, - 2009}, - journal = {Buffer Stock Saving in Krusell-Smith General Equilibrium}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/BSSinDGE}, - url = {https://www.econ2.jhu.edu/people/ccarroll/BSSinDGE} -} - -@ARTICLE{ctJEDC, - author = {Carroll, Christopher D. and Tokuoka, Kiichi}, - title = {Buffer Stock Saving In Rational Expectations General Equilibrium}, - journal = {Journal of Economic Dynamics and Control}, - year = 2009 -} - -@ARTICLE{carroll&vermulen:precautionarymultiplier, - author = {Carroll, Christopher D. and Vermulen, Koen}, - title = {The Precautionary Multiplier}, - journal = {Work in Progress}, - year = {2000-present} -} - -@ARTICLE{carroll&weil:habits, - author = {Carroll, Christopher D. and Weil, David N.}, - title = {Habits and Saving: Theory and Evidence}, - journal = {Work in Progress}, - year = 1997 -} - -@ARTICLE{carroll&weil:crcs, - author = {Carroll, Christopher D. and Weil, David N.}, - title = {Saving and {G}rowth: {A} {R}einterpretation}, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = 1994, - volume = 40, - pages = {133--192}, - month = {June}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/CarrollWeilSavingAndGrowth.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/CarrollWeilSavingAndGrowth.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/CarrollWeilSavingAndGrowth.pdf} -} - -@ARTICLE{carroll&weil:crcsNBERWP, - author = {Carroll, Christopher D. and Weil, David N.}, - title = {Saving and {G}rowth: {A} {R}einterpretation}, - journal = {NBER Working Paper No. 4470}, - year = 1993, - month = {September} -} - -@TECHREPORT{cqsUpdate, - author = {Case, Karl E. and Quigley, John M. and Shiller, Robert J.}, - title = {Wealth Effects Revisited 1978-2009}, - institution = {Cowles Foundaion for Reserch in Economics, Yale University}, - year = 2011, - type = {Cowles Foudation Discussion Paper}, - number = 1784, - month = {February} -} - -@ARTICLE{cqs05, - author = {Karl E. Case and John M. Quigley and Robert J. Shiller}, - title = {Comparing Wealth Effects: The Stock Market Versus the Housing Market}, - journal = {Advances in Macroeconomics}, - year = 2005, - volume = 5, - pages = {1--32}, - number = 1 -} - -@ARTICLE{cqs:housing, - author = {Case, Karl E. and Quigley, John M. and Shiller, Robert J.}, - title = {Home-buyers, Housing and the Macroeconomy}, - journal = {Reserve Bank of Australia Conference on Asset Prices and Monetary Policy Papers}, - year = 2003 -} - -@ARTICLE{cqs:wealtheffects, - author = {Case, Karl E. and Quigley, John M. and Shiller, Robert J.}, - title = {Comparing Wealth Effects: The Stock Market Versus the Housing Market}, - journal = {Institute of Business and Economic Research Working Paper No. W01-004}, - year = 2003, - month = {May} -} - -@TECHREPORT{cqs01, - author = {Karl E. Case and John M. Quigley and Robert J. Shiller}, - title = {Comparing Wealth Effects: The Stock Market Versus the Housing Market}, - institution = {NBER}, - year = 2001, - type = {working paper} -} - -@ARTICLE{cs03, - author = {Karl E. Case and Robert J. Shiller}, - title = {Is There a Bubble in the Housing Market? An Analysis}, - journal = {Brookings Papers on Economic Activity}, - year = 2003, - volume = 2003, - pages = {299--342}, - number = 2 -} - -@INCOLLECTION{csCPIReq, - author = {Casey, William and Sara Stanley}, - title = {Consumer Price Index Requirements of the Consumer Expenditure Surveys}, - booktitle = {Forthcoming in {\it Improving the Measurement of Household Expenditures}}, - publisher = {Chicago: University of Chicago Press}, - year = 2013, - editors = {Christopher Carroll, Thomas Crossley, and John Sabelhaus} -} - -@ARTICLE{cass:growth, - author = {Cass, David}, - title = {Optimum growth in an aggregative model of capital accumulation}, - journal = {Review of Economic Studies}, - year = 1965, - volume = 32, - pages = {233--240} -} - -@TECHREPORT{cal96, - author = {Cassou, Steven P. and Lansing, Kevin J.}, - title = {Growth Effects of a Flat Tax}, - institution = {Federal Reserve Bank of Cleveland}, - year = 1996, - type = {working paper}, - number = 9615 -} - -@ARTICLE{castaneda, - author = {Castaneda, Ana and Diaz-Gimenez, Javier and Rios-Rull, Jose-Victor}, - title = {Accounting for the U.S.\ Earnings and Wealth Inequality}, - journal = {Journal of Political Economy}, - year = 2003, - volume = 111, - pages = {818--857}, - number = 4, - month = {August} -} - -@TECHREPORT{cgp04, - author = {Catte, Pietro and Girouard, Nathalie and Price, Robert and Andre, Christophe}, - title = {Housing Market, Wealth and the Business Cycle}, - institution = {OECD}, - year = 2004, - type = {working paper}, - number = 17 -} - -@ARTICLE{ces:nearly, - author = {Cavanagh, Christopher L. and Elliott, Graham and Stock, James H.}, - title = {Inference in Models with Nearly Integrated Regressors}, - journal = {Econometric Theory}, - year = 1995, - volume = 11, - pages = {1131--1147}, - number = 5 -} - -@TECHREPORT{cd04, - author = {Steven Cechetti and Guy Debelle}, - title = {Has the Inflation Process Changed?}, - institution = {Brandeis University}, - year = 2004, - type = {mimeo} -} - -@TECHREPORT{challe&ragot:precautionaryS, - author = {Edouard Challe and Xavier Ragot}, - title = {Precautionary Saving over the Business Cycle}, - institution = {Paris School of Economics}, - year = 2012, - type = {mimeo} -} - -@INCOLLECTION{chamberlain:paneldata, - author = {Chamberlain, Gary}, - title = {Panel Data}, - booktitle = {Handbook of Econometrics}, - publisher = {North-Holland}, - year = 1984, - editor = {Griliches, Zvi and Intriligator, Michael}, - address = {Amsterdam} -} - -@ARTICLE{cwcUnderUncert, - author = {Chamberlain, Gary and Wilson, Charles A.}, - title = {Optimal Intertemporal Consumption Under Uncertainty}, - journal = {Review of Economic Dynamics}, - year = 2000, - volume = 3, - pages = {365--395}, - number = 3 -} - -@ARTICLE{cw:cUnderUncert, - author = {Chamberlain, Gary and Wilson, Charles A.}, - title = {Optimal Intertemporal Consumption Under Uncertainty}, - journal = {Review of Economic Dynamics}, - year = 2000, - volume = 3, - pages = {365--395}, - number = 3 -} - -@TECHREPORT{clpChinaSaving, - author = {Chamon, Marcos and Liu, Kai and Prasad, Eswar S.}, - title = {Income Uncertainty and Household Savings in China}, - institution = {National Bureau of Economic Research}, - year = 2010, - journal = {NBER Working Paper No.\ 16565} -} - -@ARTICLE{cpChina, - author = {Chamon, Marcus D. and Prasad, Eswar S.}, - title = {Why Are Saving Rates of Urban Households in China Rising?}, - journal = {American Economic Journal: Macroeconomics}, - year = 2010, - volume = 2, - pages = {93--130}, - number = 1, - note = {Available at \url{https://www.aeaweb.org/articles.php?doi=10.1257/mac.2.1.93}}, - bdsk-file-1 = {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}, - date-modified ={2011-10-14 10:57:33 -0400}, - issn = {1945-7707}, - publisher = {American Economic Association} -} - -@MISC{cck:opttax, - author = {Chari, V.~V., Laurence J. Christiano and Kehoe, Patrick J.}, - title = {Dynamic {R}amsey Taxation in a Stochastic Growth Model}, - howpublished = {Working Paper}, - year = 1990 -} - -@ARTICLE{cckDevil, - author = {Chari, V.~V. and Christiano, Lawrence and Kehoe, Patrick}, - title = {Facts and Myths About the Financial Crisis of 2008}, - journal = {Federal Reserve Bank of Minneapolis Working Paper Number 666}, - year = 2008, - month = {October} -} - -@comment{chariKehoeMcGrattan:critiqueOld} - -@TECHREPORT{ckmCritique, - author = {V. V. Chari and Patrick J. Kehoe and Ellen R. McGrattan}, - title = {A Critique of Structural VARs Using Real Business Cycle Theory}, - institution = {Federal Reserve Bank of Minneapolis}, - year = 2005, - type = {working paper}, - number = 631 -} - -@TECHREPORT{ch95, - author = {Robert S. Chase}, - title = {Women's Labor Force Participation during and after {C}ommunism: {A} Study of the {C}zech {R}epublic and {S}lovakia}, - institution = {Economic Growth Center, Yale University}, - year = 1995, - type = {discussion paper}, - number = 768 -} - -@ARTICLE{chen&white:nonparametric, - author = {Chen, Xiaohong and White, Halbert}, - title = {Nonparametric Adaptive Learning with Feedback}, - journal = {Journal of Economic Theory}, - year = 1998, - volume = 82, - pages = {190--222} -} - -@TECHREPORT{chetty:commit, - author = {Chetty, Raj}, - title = {Consumption Commitments, Unemployment Durations, and Local Risk Aversion}, - institution = {National Bureau of Economic Research, Inc}, - year = 2004, - month = jan -} - -@ARTICLE{cflnoCrowdout, - author = {Raj Chetty and John N. Friedman and Soren Leth-Petersen and Torben Heien Nielsen and Tore Olsen}, - title = {Active Vs. Passive Decisions And Crowd-Out In Retirement Savings Accounts: Evidence From Denmark}, - journal = {Manuscript, Harvard University}, - year = 2012, - month = {December}, - note = {\url{http://obs.rc.fas.harvard.edu/chetty/crowdout.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cflnoCrowdout.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cflnoCrowdout.pdf:PDF}, - url = {http://obs.rc.fas.harvard.edu/chetty/crowdout.pdf} -} - -@TECHREPORT{chettySzeidlHabits, - author = {Raj Chetty and Adam Szeidl}, - title = {Consumption Commitments: Neoclassical Foundations for Habit Formation}, - institution = {University of California, Berkeley}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{szeidl&chetty:commitments, - author = {Chetty, Raj and Szeidl, Adam}, - title = {Consumption Commitments and Asset Prices}, - journal = {Manuscript, Harvard University}, - year = 2003 -} - -@TECHREPORT{ceiForensic, - author = {Menzie D. Chinn and Barry Eichengreen and Hiro Ito}, - title = {A Forensic Analysis of Global Imbalances}, - institution = {National Bureau of Economic Research}, - year = 2011, - type = {Working Paper}, - number = 17513, - month = {October}, - abstract = {We examine whether the behavior of current account balances changed in the years preceding the global crisis of 2008-09, and assess the prospects for global imbalances in the post-crisis period. Changes in the budget balance are an important factor affecting current account balances for deficit countries such as the U.S. and the U.K. The effect of the “saving glut variables” on current account balances has been relatively stable for emerging market countries, suggesting that those factors cannot explain the bulk of their recent current account movements. We also find the 2006-08 period to constitute a structural break for emerging market countries, and to a lesser extent, for industrialized countries. We attribute the anomalous behavior of pre-crisis current account balances to stock market performance and real housing appreciation; fiscal procyclicality and the stance of monetary policy do not matter as much. Household leverage also appears to explain some of the standard model’s prediction errors. Looking forward, U.S., fiscal consolidation alone cannot induce significant deficit reduction. For China, financial development might help shrink its current account surplus, but only when it is coupled with financial liberalization. These findings suggest that unless countries implement substantially more policy change, global imbalances are unlikely to disappear.}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ceiForensic.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ceiForensic.pdf:PDF}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w17513} -} - -@ARTICLE{cpCAPI, - author = {Cho, Moon J. and Carolyn M. Pickering}, - title = {Effect of Computer-Assisted Personal Interviews in the U.S.}, - journal = {Manuscript, Bureau of Labor Statistics}, - year = 2006, - note = {\url{http://www.bls.gov/osmr/pdf/st060200.pdf}}, - file = {cpCAPI.pdf:cpCAPI.pdf:PDF}, - url = {http://www.bls.gov/osmr/pdf/st060200.pdf} -} - -@ARTICLE{christiano:lq, - author = {Christiano, Lawrence~J.}, - title = {Solving the Stochastic Growth Model by Linear Quadratic Approximation and by Value-Function Iteration}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {23--26}, - number = 1 -} - -@ARTICLE{CEM, - author = {Christiano, Lawrence J. and Eichenbaum, Martin and Marshall, David}, - title = {The permanent Income Hypothesis Revisited}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {397--423}, - number = 2, - month = {Mar.}, - file = {:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/#F#:Djvu} -} - -@ARTICLE{cee:habits, - author = {Christiano, Laurence J. and Eichenbaum, Martin and Evans, Charles L.}, - title = {Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy}, - journal = {Journal of Political Economy}, - year = 2005, - volume = 113, - pages = {1--45}, - number = 1, - month = {February} -} - -@MISC{christiano&eichenbaum:rbc, - author = {{Christiano, Lawrence J.} and {Martin Eichenbaum}}, - title = {Current Real Business Cycle Theories and Aggregate Labor Market Fluctuations}, - howpublished = {Institute for Empirical Economics Discussion Paper 24, Federal Reserve Bank of Minneapolis and University of Minnesota}, - year = 1990 -} - -@ARTICLE{Ciccone:2002, - author = {Ciccone, Antonio}, - title = {Agglomeration effects in Europe}, - journal = {European Economic Review}, - year = 2002, - volume = 46, - pages = {213--227}, - number = 2, - month = {February} -} - -@ARTICLE{CicconeHall:1996, - author = {Ciccone, Antonio and Hall, Robert E.}, - title = {Productivity and the Density of Economic Activity}, - journal = {The American Economic Review}, - year = 1996, - volume = 86, - pages = {54--70}, - number = 1, - month = {March} -} - -@ARTICLE{claridaMeaCulpa, - author = {Clarida, Richard H}, - title = {What Has—and Has Not—Been Learned about Monetary Policy in a Low-Inflation Environment? A Review of the 2000s}, - journal = {Journal of Money, Credit and Banking}, - year = 2012, - volume = 44, - pages = {123--140}, - number = {s1}, - publisher = {Wiley Online Library} -} - -@ARTICLE{Clark/Wincoop:2001, - author = {Clark, Todd E. and van Wincoop, Eric}, - title = {Borders and Business Cycles}, - journal = {Journal of International Economics}, - year = 2001, - volume = 55, - pages = {59--85} -} - -@ARTICLE{cgm:lcportfolio, - author = {Cocco, Joao and Gomes, Francisco J. and Maenhout, Pascal J.}, - title = {Consumption and Portfolio Choice Over the Life Cycle}, - journal = {Manuscript, Harvard University}, - year = 1998 -} - -@ARTICLE{cochrane:uncertainfacts, - author = {Cochrane, John H.}, - title = {Where Is the Market Going? Uncertain Facts and Novel Theories}, - journal = {NBER Working Paper Number 6207}, - year = 1998 -} - -@ARTICLE{cochrane:permgnp, - author = {Cochrane, John H.}, - title = {Permanent and Transitory Components of GNP and Stock Prices}, - journal = {Quarterly Journal of Economics}, - year = 1994, - volume = 109, - pages = {241--265}, - number = 1 -} - -@ARTICLE{cochrane:nearrational, - author = {Cochrane, John H.}, - title = {The Sensitivity of Tests of the Intertemporal Allocation of Consumption to Near-Rational Alternatives}, - journal = {American Economic Review}, - year = 1991, - volume = 79, - pages = {319--37} -} - -@ARTICLE{cochrane:simpletest, - author = {Cochrane, John H.}, - title = {A Simple Test of Consumption Insurance}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {957--76} -} - -@ARTICLE{chk:ussav, - author = {Cohen, Darrel and Hassett, Kevin and Kennedy, James}, - title = {Are U.S. Investment and Capital Stocks at Optimal Levels?}, - journal = {Finance and Economics Discussion Series Paper 95-32}, - year = 1995 -} - -@ARTICLE{laibsonNeuro, - author = {Cohen, Jonathan D. and Laibson, David and Loewenstein, George and McClure, Samuel M.}, - title = {Separate Neural Systems Value Immediate and Delayed Monetary Rewards}, - journal = {Science}, - year = 2004, - volume = 306, - month = {October} -} - -@ARTICLE{coi06, - author = {Olivier Coibion}, - title = {Inflation Inertia in Sticky Information Models}, - journal = {Contributions to Macroeconomics}, - year = 2006, - volume = 6, - pages = {1--29}, - number = 1, - note = {http://www.bepress.com/bejm/contributions/vol6/iss1/art1} -} - -@ARTICLE{cmp:socialnorms, - author = {Cole, Harold L. and Mailath, George J. and Postlewaite, Andrew}, - title = {Social Norms, Savings Behavior, and Growth}, - journal = {Journal of Political Economy}, - year = 1992, - volume = 100, - pages = {1092--125}, - number = 6 -} - -@ARTICLE{coleman:alg, - author = {Coleman, Wilbur~J.}, - title = {Solving the Stochastic Growth Model by Policy-Function Iteration}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {27--31}, - number = 1 -} - -@MISC{coleman:algorig, - author = {Coleman, W.~J.}, - title = {An Algorithm to Solve Dynamic Models}, - howpublished = {Board of Governors of the Federal Reserve System International Finance Discussion Papers Number~351}, - year = 1989 -} - -@ARTICLE{ssfReport, - author = {Stiglitz, Joseph E. and Sen, Amartya and Fitoussi, J.P.}, - title = {Report By The Commission On The Measurement Of Economic Performance And Social Progress}, - journal = {The Commission}, - year = 2009 -} - -@TECHREPORT{cboIncomeShares, - author = {{Congressional Budget Office}}, - title = {Trends in the Distribution of Household Income Between 1979 and 2007}, - institution = {CBO}, - year = 2011, - month = {October}, - note = {\url{http://www.cbo.gov/sites/default/files/cbofiles/attachments/10-25-HouseholdIncome.pdf}}, - url = {http://www.cbo.gov/sites/default/files/cbofiles/attachments/10-25-HouseholdIncome.pdf} -} - -@ARTICLE{constantinidesHabits, - author = {George M. Constantinides}, - title = {Habit Formation: A Resolution of the Equity Premium Puzzle}, - journal = {Journal of Political Economy}, - year = 1990, - volume = 98, - pages = {519--543}, - number = 3, - month = {June} -} - -@ARTICLE{cdm:junior, - author = {Constantinidies, George M. and Donaldson, John B. and Mehra, Rajnish}, - title = {Junior Can't Borrow: A New Perspective on the Equity Premium Puzzle}, - journal = {NBER Working Paper No.\ 6617}, - year = 1998 -} - -@PHDTHESIS{corneliImbalances, - author = {Corneli, Flavia}, - title = {Global Imbalances: Saving and Investment Imbalances}, - school = {European University Institute}, - year = 2011 -} - -@ARTICLE{CoulibalyLiMortgage, - author = {Coulibaly, Brahima and Li, Geng}, - title = {Do Homeowners Increase Consumption after the Last Mortgage Payment? An Alternative Test of the Permanent Income Hypothesis}, - journal = {The Review of Economics and Statistics}, - year = 2006, - volume = 88, - pages = {10--19}, - number = 1, - month = {February}, - bdsk-url-1 = {http://www.ingentaconnect.com/content/mitpress/restat/2006/2000000088/00000001/art00002}, - bdsk-url-2 = {http://dx.doi.org/10.1162/003465306775565693}, - doi = {doi: 10.1162/003465306775565693}, - issn = {0034-6535}, - publisher = {MIT Press}, - url = {http://www.ingentaconnect.com/content/mitpress/restat/2006/ 00000088/00000001/art00002} -} - -@INBOOK{ceaSaving, - chapter = 4, - title = {The Economic Report of the President, 2010}, - publisher = {Government Printing Office}, - year = 2010, - author = {{Council~of~Economic~Advisers}} -} - -@TECHREPORT{csSavingGenes, - author = {Cronqvist, Henrik and Siegel, Stephan}, - title = {The Origins of Savings Behavior}, - institution = {Institute for Financial Research}, - year = 2010, - type = {SIFR Research Report Series}, - number = 73, - abstract = {What are the origins of individual savings behavior? Using data on identical and fraternal twins matched with data on their savings behavior, we find that an individual's savings propensity is governed by both genetic predispositions, social transmission from parents to their children, and gene-environment interplay where certain environments moderate genetic influences. Genetic variation explains about 35 percent of the variation in savings rates across individuals, and this genetic effect is stronger in less constraining, high socioeconomic status environments. Parent-child transmission influences savings for young individuals and those who grew up in a family environment with less competition for parental resources. Individual-specific life experiences is a very important explanation for behavior in the savings domain, and strongest in urban communities. In a world progressing rapidly towards individual retirement savings autonomy, understanding the origins of individuals' savings behavior are of key importance to economists as well as policy makers.}, - bdsk-url-1 = {http://econpapers.repec.org/RePEc:hhs:sifrwp:0073}, - keywords = {Savings; Consumption; Behavioral Genetics}, - url = {http://econpapers.repec.org/RePEc:hhs:sifrwp:0073} -} - -@ARTICLE{croushore:evaluating, - author = {Croushore, Dean}, - title = {Evaluating Inflation Forecasts}, - journal = {Manuscript, Federal Reserve Bank of Philadelphia}, - year = 2001 -} - -@ARTICLE{croushore:spfisgood, - author = {Croushore, Dean}, - title = {Evaluating Inflation Forecasts}, - journal = {Federal Reserve Bank of Philadelphia Working Paper Number 98-14}, - year = 1998 -} - -@ARTICLE{Crucini:1999, - author = {Crucini, Mario J.}, - title = {On international and national dimensions of risk sharing}, - journal = {The Review of Economics and Statistics}, - year = 1999, - volume = 81, - pages = {73--84}, - number = 1, - month = {Feb.} -} - -@ARTICLE{chh:reconsider, - author = {Cummins, Jason G. and Hassett, Kevin A. and Hubbard, R. Glenn}, - title = {A Reconsideration of Investment Behavior Using Tax Reforms as Natural Experiments}, - journal = {Brookings Papers on Economic Activity}, - year = 1994, - volume = 2, - pages = {1--59}, - note = {Available at { \url{http://ideas.repec.org/p/nbr/nberre/1946.html}}} -} - -@ARTICLE{curtin:inflsurvart, - author = {Curtin, Richard T.}, - title = {Procedure to Estimate Price Expectations}, - journal = {Manuscript, University of Michigan Survey Research Center}, - year = 1996 -} - -@ARTICLE{Curtinetal:1989, - author = {Curtin, Richard T. and Juster, F. Thomas and Morgan, James N.}, - title = {Survey Estimates of Wealth: An Assessment of Quality}, - journal = {The Measurement of Saving, Investment and Wealth}, - year = 1989, - volume = 52, - pages = {473--548}, - publisher = {National Bureau of Economic Research}, - series = {Studies in Income and Wealth} -} - -@ARTICLE{cutleretc:brookings, - author = {Cutler, David M. and Poterba, James M. and Sheiner, Louise M. and Summers, Lawrence H.}, - title = {An Aging Society: Opportunity or Challenge?}, - journal = {Brookings Papers on Economic Activity, 1990:2}, - year = 1990 -} - -@ARTICLE{cfInequality, - author = {Barry Z. Cynamon and Steven M. Fazzari}, - title = {Inequality and Household Finance During the Consumer Age}, - journal = {Working Paper, Washington University in St Louis}, - year = 2013, - month = {January} -} - -@ARTICLE{softCarp, - author = {D.A. Aruliah, C. Titus Brown, Neil P. Chue Hong, Matt Davis, Richard T. Guy, Steven H.D. Haddock, Katy Huff, Ian Mitchell, Mark Plumbley, Ben Waugh, Ethan P. White, Greg Wilson, and Paul Wilson}, - title = {Best Practices for Scientific Computing}, - journal = {The Intertubes}, - year = 2012, - url = {http://software-carpentry.org/blog/2012/10/best-practices-for-scientific-computing.html} -} - -@ARTICLE{ddfs08, - author = {D{\"}opke, J{\"}org and Dovern, Jonas and Fritsche, Ulrich and Sla{\-}calek, Jiri}, - title = {The Dynamics of European Inflation Expectations}, - journal = {The B.E. Journal of Macroeconomics (Topics)}, - year = 2008, - volume = 8, - pages = {Article 12}, - number = 37 -} - -@TECHREPORT{ddfs05, - author = {D{\"}opke, J{\"}org and Dovern, Jonas and Fritsche, Ulrich and Sla{\-}calek, Jiri}, - title = {European Inflation Expectation Dynamics}, - institution = {Deutsche Bundesbank}, - year = 2005, - type = {Deutsche Bundesbank discussion paper}, - number = 37 -} - -@ARTICLE{dardanoni:crosssection, - author = {Dardanoni, Valentino}, - title = {Precautionary Savings Under Income Uncertainty: A Cross-Section Analysis}, - journal = {Applied Economics}, - year = 1991, - volume = 23, - pages = {153--160} -} - -@TECHREPORT{dav01, - author = {Melissa Davey}, - title = {Mortgage Equity Withdrawal and Consumption}, - institution = {{Bank of England, 100--103}}, - year = 2001, - type = {Quarterly Bulletin: Spring}, - pages = {100--103} -} - -@ARTICLE{dhsyECM, - author = {DAVIDSON, J. E. H. and HENDRY, DAVID F. and SRBA, FRANK and YEO, STEVEN}, - title = {Econometric Modeling of the Aggregate Time-series Relationship Between Consumer's Expenditure and Income in the United Kingdom}, - journal = {Economic Journal}, - year = 1978, - volume = 88, - pages = {661--692} -} - -@TECHREPORT{davisMartinHousing, - author = {Morris A. Davis and Robert F. Martin}, - title = {Housing, House Prices, and the Equity Premium Puzzle}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2005, - type = {Finance and Economics Discussion Series}, - number = 13 -} - -@TECHREPORT{dp01, - author = {Morris A. Davis and Michael G. Palumbo}, - title = {A Primer on the Economics and Time Series Econometrics of Wealth Effects}, - institution = {Federal Reserve Board}, - year = 2001, - type = {FEDS working paper}, - number = 9 -} - -@TECHREPORT{davis&heathcote:landprices, - author = {Morris Davis and Jonathan Heathcote}, - title = {The Price and Quantity of Residential Land in the United States}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2004, - type = {manuscript} -} - -@ARTICLE{davis&palumbo:wealtheffects, - author = {Davis, Morris and Palumbo, Michael}, - title = {A Primer on the Economics and Time Series Econometrics of Wealth Effects}, - journal = {Federal Reserve Board Finance and Economics Discussion Papers 2001-09}, - year = 2001 -} - -@MISC{DavisPalumbo:2001, - author = {Davis, Morris and Palumbo, Michael G.}, - title = {Does Stock Market Wealth Matter for Consumption?}, - howpublished = {Finance and Economics Discussion Series 2001-23. Washington: Board of Governors of the Federal Reserve System}, - year = 2001, - source = {Washington: Board of Governors of the Federal Reserve System} -} - -@ARTICLE{dnKuznets, - author = {Deacon, Robert T. and Norman, Catherine S.}, - title = {Does the Environmental Kuznets Curve Describe How Individual Countries Behave?}, - journal = {Land Economics}, - year = 2006, - volume = 82, - pages = {pp.291--315}, - number = 2, - abstract = {We examine within-country time series data on income and concentrations of SO2, smoke, and particulates to see if the shapes of pollution-income relationships in individual countries agree qualitatively with predictions of the environmental Kuznets curve. The shapes of these relationships are determined non-parametrically for individual countries using recently available data on air pollution concentrations. For smoke and particulates, the shapes of within-country, pollution-income patterns do not agree with the EKC hypothesis more often than chance would dictate. For SO2, which generally exhibits EKC-consistent pollution-income relationships among wealthier countries, the observed patterns are also consistent with a simpler hypothesis.}, - copyright = {Copyright (c) 2006 The Board of Regents of the University of Wisconsin System}, - doi = {10.3368/le.82.2.291}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dnKuznets.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dnKuznets.pdf:PDF}, - issn = 00237639, - jstor_articletype ={research-article}, - jstor_formatteddate ={May, 2006}, - language = {English}, - publisher = {University of Wisconsin Press}, - url = {http://www.jstor.org/stable/27647709} -} - -@ARTICLE{dhprvInequality, - author = {DeBacker, Jason and Heim, Bradley and Panousi, Vasia and Ramnath, Shanthi and Vidangos, Ivan}, - title = {Rising Inequality: Transitory or Persistent? New Evidence from a Panel of U.S. Tax Returns}, - journal = {Brookings Papers on Economic Activity}, - year = 2013, - volume = {Spring}, - pages = {67--122}, - owner = {akmaral}, - timestamp = {2014.02.02}, - url = {http://home.comcast.net/~bradheim/files/inequality_23Jan2013_all.pdf} -} - -@TECHREPORT{deb04, - author = {Guy Debelle}, - title = {Macroeconomic Implications of Rising Household Debt}, - institution = {Bank for International Settlements}, - year = 2004, - type = {working paper}, - number = 153 -} - -@ARTICLE{debelleDebt, - author = {Debelle, Guy}, - title = {Macroeconomic Implications of Rising Household Debt}, - journal = {Bank of International Settlements Working Paper Number 513}, - year = 2004 -} - -@INCOLLECTION{debelle&fischer:cred, - author = {Debelle, Guy and Fischer, Stanley}, - title = {How Independent Should a Central Bank Be?}, - booktitle = {Goals, Guidelines, and Constraints Facing Monetary Policymakers}, - publisher = {Federal Reserve Bank of Boston}, - year = 1994, - editor = {Fuhrer, Jeffrey C.}, - pages = {195--221}, - note = {Federal Reserve Bank of Boston Conference Series 38} -} - -@ARTICLE{DSW:2004, - author = {Dejuan, Joseph P. and Seater, John J. and Wirjanto, Tony S.}, - title = {A direct test of the permanent Income Hypothesis with an Application to the U.S. states}, - journal = {Journal of Money Credit and Banking}, - year = 2004, - volume = 36, - pages = {1091--1103}, - number = 6 -} - -@ARTICLE{dekle:miracle, - author = {Dekle, Robert}, - title = {Raising Saving Rates: {L}essons from the {J}apanese Experience}, - journal = {Background Paper Prepared for {\it The East Asia Miracle Project}}, - year = 1993, - address = {New York}, - publisher = {Oxford University Press} -} - -@ARTICLE{DelNegro:2002, - author = {Del Negro, Marco}, - title = {Asymmetric shocks among U.S. states}, - journal = {Journal of International Economics}, - year = 2002, - volume = 56 -} - -@PHDTHESIS{DelNegro:1998, - author = {Del Negro, Marco}, - title = {Aggregate Risk Sharing Across US States and Across European Countries}, - school = {Yale University}, - year = 1998 -} - -@ARTICLE{ds04, - author = {Marco {Del Negro} and Frank Schorfheide}, - title = {Priors from General Equilibrium Models for VARs}, - journal = {International Economic Review}, - year = 2004, - volume = 45, - pages = {643--673}, - number = 2 -} - -@ARTICLE{deLongPeel, - author = {DeLong, J. Bradford}, - title = {Republic of the Central Banker}, - journal = {The American Prospect}, - year = 2008, - month = {October 27}, - note = {Available at \url{http://www.prospect.org/cs/articles?article=republic_of_the_central_banker}} -} - -@ARTICLE{denhaan, - author = {Den Haan, Wouter J.}, - title = {Assessing the Accuracy of the Aggregate Law of Motion in Models with Heterogeneous Agents}, - journal = {Jouranl of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {79--99}, - number = 1, - month = {January} -} - -@ARTICLE{denhaan:comparison, - author = {Den Haan, Wouter J.}, - title = {Comparison of Solutions to the Incomplete Markets Model with Aggregate Uncertainty}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {4--27}, - number = 1, - month = {January} -} - -@ARTICLE{denhaan:agents, - author = {{Den Haan}, Wouter J.}, - title = {Understanding Equilibrium Models with a Small and a Large Number of Agents}, - journal = {Manuscript, University of California at San Diego}, - year = 1996 -} - -@ARTICLE{denhaan:modelb, - author = {Den Haan, Wouter J. and Judd, Ken and Julliard, Michel}, - title = {Description of Model B and Exercises}, - journal = {Manuscript}, - year = 2007 -} - -@ARTICLE{denhann:comp, - author = {Den Haan, Wouter J. and Judd, Kenneth L. and Juillard, Michel}, - title = {Computational Suite of Models with Heterogeneous Agents: Incomplete Markets and Aggregate Uncertainty}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {1--3}, - number = 1, - month = {January} -} - -@ARTICLE{denhaan&rendahl, - author = {Den~Haan, Wouter J. and Rendahl, Pontus}, - title = {Solving the Incomplete Markets Model with Aggregate Uncertainty Using Explicit Aggregation}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {69--78}, - number = 1, - month = {January} -} - -@MISC{bea:survey, - author = {Department of Commerce, Bureau of Economic Analysis}, - title = {Survey of Current Business}, - year = {periodic} -} - -@MISC{bea:wealth, - author = {Department of Commerce, Bureau of Economic Analysis}, - title = {Fixed Reproducible Tangible Wealth in the {U}nited {S}tates, 1925-85}, - year = 1986, - note = {Updated periodically in the Survey of Current Business} -} - -@ARTICLE{consumerGEP, - author = {{Deutsche Bank Securities}}, - title = {Global Economic Perspectives: Risks to US Consumer Spending Overrated}, - journal = {Deutsche Bank Global Markets Research: Macro}, - year = 2012, - month = {February 14, 2012}, - file = {consumerGEP.pdf:consumerGEP.pdf:PDF} -} - -@ARTICLE{dl91, - author = {Diamond, Jr., Douglas B. and Michael J. Lea}, - title = {The Decline of Special Circuits in Developed Country Housing Finance}, - journal = {Housing Policy Debate}, - year = 1991, - volume = 3, - pages = {747--777}, - number = 3 -} - -@ARTICLE{diamondSearch, - author = {Diamond, Peter A.}, - title = {Aggregate Demand Management in Search Equilibrium}, - journal = {Journal of Political Economy}, - year = 1982, - volume = 90, - pages = {881--894}, - month = {October} -} - -@INCOLLECTION{diebold&lopez:forecastbias, - author = {Diebold, Francis X. and Lopez, Jose A.}, - title = {Forecast Evaluation and Combination}, - booktitle = {Handbook of Statistics}, - publisher = {North Holland}, - year = 1996, - editor = {Maddala, G.S. and Rao, C.R.}, - pages = {241--68}, - address = {Amsterdam} -} - -@ARTICLE{dghNegativeEquity, - author = {Disney, Richard and Gathergood, John and Henley, Andrew}, - title = {House Price Shocks, Negative Equity, and Household Consumption in the United Kingdom}, - journal = {Manuscript, University of Nottingham}, - year = 2008, - month = {October} -} - -@TECHREPORT{DisneyEtAl:2003, - author = {Disney, Richard and Henley, Andrew and Jevons, David}, - title = {House Price Shocks, Negative Equity and Household Consumption in the UK in the 1990s}, - institution = {University of Nottingham}, - year = 2003, - type = {memo}, - month = Aug -} - -@BOOK{dixit&pindyck:option, - title = {Investment Under Uncertainty}, - publisher = {Princeton University Press}, - year = 1994, - author = {Dixit, Avinash K. and Pindyck, Robert S.}, - address = {Princeton, NJ} -} - -@ARTICLE{dfhsCognitive, - author = {Thomas Dohmen and Armin Falk and David Huffman and Uwe Sunde}, - title = {Are Risk Aversion and Impatience Related to Cognitive Ability?}, - journal = {American Economic Review}, - year = 2010, - volume = 100, - pages = {1238--60}, - number = 3, - month = {June}, - note = {\url{http://ideas.repec.org/a/aea/aecrev/v100y2010i3p1238-60.html}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dfhsCognitive.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dfhsCognitive.pdf:PDF}, - url = {http://ideas.repec.org/a/aea/aecrev/v100y2010i3p1238-60.html} -} - -@MISC{Doornik1994, - author = {Doornik, J. and Hansen, H.}, - title = {An omnibus test for univariate and multivariate normality}, - year = 1994, - bdsk-url-1 = {http://citeseer.ist.psu.edu/doornik94omnibu.html}, - text = {Doornik, J. A., & Hansen, H. (1994). An omnibus test for univariate and multivariate normality (Working paper). NuOEeld College, Oxford.}, - url = {http://citeseer.ist.psu.edu/doornik94omnibu.html} -} - -@MISC{doornik94omnibus, - author = {J. Doornik and H. Hansen}, - title = {An omnibus test for univariate and multivariate normality}, - year = 1994, - text = {Doornik, J. A., & Hansen, H. (1994). An omnibus test for univariate and multivariate normality (Working paper). NuOEeld College, Oxford.}, - url = {citeseer.ist.psu.edu/doornik94omnibu.html} -} - -@ARTICLE{dkw:Ss, - author = {Dotsey, Michael and King, Robert G. and Wolman, Alexander L.}, - title = {State Dependent Pricing and the General Equilibrium Dynamics of Money and Output}, - journal = {Quarterly Journal of Economics}, - year = 1999, - volume = 114, - pages = {655--690} -} - -@ARTICLE{DrezeModigliani, - author = {Dr\`eze, Jacques H. and Modigliani, Franco}, - title = {Consumption Decisions Under Uncertainty}, - journal = {Journal of Economic Theory}, - year = 1972, - volume = 5, - pages = {308--335} -} - -@ARTICLE{dua&ray:arima, - author = {Dua, Pami and Ray, Subash C.}, - title = {ARIMA Models of the Price Level: An Assessment of the Multilevel Adaptive Learning Process in the USA}, - journal = {Journal of Forecasting}, - year = 1992, - volume = 11, - pages = {507--16} -} - -@BOOK{duesenberry:BOOK, - title = {Income, Saving, and the Theory of Consumer Behavior}, - publisher = {Harvard University Press}, - year = 1949, - author = {Duesenberry, James S.}, - address = {Cambridge, MA} -} - -@ARTICLE{duncan&hill:measerr, - author = {Duncan, Gregory J. and Hill, Daniel H.}, - title = {An Investigation of the Extent and Consequences of Measurement Error in Labor-Economic Survey Data}, - journal = {Journal of Labor Economics}, - year = 1985, - volume = 3, - number = 4 -} - -@MISC{dunn:paper2, - author = {Dunn, Wendy E.}, - title = {Unemployment Risk, Precautionary Saving, and Durable Goods Purchase Decisions}, - howpublished = {Manuscript, Board of Governors of the Federal Reserve System}, - year = 1998 -} - -@article{CoeurdacierGuibaudJin2015, - title = {Credit Constraints and growth in a Global Economy}, - author = {Coeurdacier, Nicolas and St\'ephane Guibaud and Keyu Jin}, - journal = {American Economic Review}, - volume = 105, - number = 9, - pages = {2838-81}, - year = 2015, -} - -@ARTICLE{JeanneBrookings, - author = {Jeanne, Olivier}, - title = {International Reserves in Emerging Market Countries: Too Much of a Good Thing?}, - journal = {Brookings Papers on Economic Activity}, - year = 2007, - volume = 2007, - pages = {1--55} -} - -@article{dmtMercant, - Author = {Durdu, Ceyhun Bora and Mendoza, Enrique G. and Terrones, Marco E.}, - Journal = {Journal of Development Economics}, - Title = {Precautionary Demand for Foreign Assets in Sudden Stop Economies: an Assessment of the New Mercantilism}, - Year = 2009, - Volume = 89, - Pages = {194 - 209} -} - -@ARTICLE{dmtMercant-FedWP, - author = {Durdu, Ceyhun Bora and Mendoza, Enrique G. and Terrones, Marco E.}, - title = {Precautionary Demand for Foreign Assets in Sudden Stop Economies: An Assessment of the New Mercantilism}, - journal = {FRB International Finance Discussion Paper No. 911}, - year = 2007, - month = {December} -} - -@ARTICLE{duyganTurk94, - author = {Duygan, Burcu}, - title = {Welfare Cost of Financial Crises When Risk-Sharing Is Imperfect: Evidence from Turkey}, - journal = {Manuscript, European University Institute}, - year = 2006 -} - -@ARTICLE{dkEcRec07, - author = {Nikola Dvornak and Marion Kohler}, - title = {Housing Wealth, Stock Market Wealth and Consumption: A Panel Analysis for Australia}, - journal = {Economic Record}, - year = 2007, - volume = 83, - pages = {117--130}, - number = 261 -} - -@ARTICLE{dynanDeleveraging, - author = {Dynan, Karen E.}, - title = {Is Household Debt Overhang Holding Back Consumption?}, - journal = {Brookings Papers on Economic Activity}, - year = 2012, - month = {March}, - note = {\url{http://www.brookings.edu/~/media/Files/Programs/ES/BPEA/2012_spring_bpea_papers/2012_spri}}, - url = {http://www.brookings.edu/~/media/Files/Programs/ES/BPEA/2012_spring_bpea_papers/2012_spri} -} - -@ARTICLE{ad85, - author = {Angus Deaton}, - title = {Panel Data from Time Series and Cross Sections}, - year = 1985, - journal = {Journal of Econometrics}, - volume = 30, - pages = {109-26} -} - -@ARTICLE{dynanHabits, - author = {Dynan, Karen E.}, - title = {Habit Formation in Consumer Preferences: Evidence from Panel Data}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - number = 3, - note = {\url{http://www.jstor.org/stable/117335}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dynanHabits.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dynanHabits.pdf:PDF}, - url = {http://www.jstor.org/stable/117335} -} - -@ARTICLE{dynan:lawrenceiswrong, - author = {Dynan, Karen E.}, - title = {The rate of time preference and shocks to wealth: evidence from panel data}, - journal = {Economic Activity Section Working Paper no. 134}, - year = 1993, - month = {July} -} - -@ARTICLE{dynan:precautionary, - author = {Dynan, Karen E.}, - title = {How Prudent Are Consumers?}, - journal = {Journal of Political Economy}, - year = 1993, - volume = 101, - pages = {1104--1113}, - number = 6 -} - -@ARTICLE{dk:hhdebt, - author = {Dynan, Karen E. and Kohn, Donald L.}, - title = {The Rise in U.S.\ Household Indebtedness: Causes and Consequences}, - journal = {Finance and Economics Discussion Series 2007-37}, - year = 2007 -} - -@TECHREPORT{dynanKohnDebt, - author = {Karen E. Dynan and Donald L. Kohn}, - title = {The Rise in U.S. Household Indebtedness: Causes and Consequences}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2007, - type = {International Finance Discussion Paper}, - number = 37 -} - -@ARTICLE{dynan&maki:stockmarket, - author = {Dynan, Karen E. and Maki, Dean M.}, - title = {Does Stock Market Wealth Matter for Consumption?}, - journal = {Board of Governors of the Federal Reserve System, Finance and Economics Discussion Papers 23}, - year = 2001 -} - -@ARTICLE{Dynan2012, - author = {Karen Dynan}, - title = {Is a Household Debt Overhang Holding Back Consumption?}, - journal = {Brookings Papers on Economic Activity}, - year = 2012, - volume = {Spring}, - pages = {299--362}, - owner = {akmaral}, - timestamp = {2014.02.02} -} - -@MISC{DynanMaki:2001, - author = {Dynan, Karen E. and Maki, Dean M.}, - title = {A Primer on the Economics and Time Series Econometrics of Wealth Effects}, - howpublished = {Finance and Economics Discussion Series 2001-9. Washington: Board of Governors of the Federal Reserve System}, - year = 2001, - source = {Washington: Board of Governors of the Federal Reserve System} -} - -@ARTICLE{dsz:richsave, - author = {Dynan, Karen E. and Skinner, Jonathan S. and Zeldes, Stephen P.}, - title = {Do the Rich Save More?}, - journal = {Manuscript, Board of Governors of the Federal Reserve System}, - year = 1996 -} - -@INCOLLECTION{easterlin:cult, - author = {Easterlin, Richard}, - title = {Does Economic Growth Improve the Human Lot? Some Empirical Evidence}, - booktitle = {Nations and Households in Economic Growth. Essays in Honour of Moses Abramowitz}, - publisher = {Academic Press}, - year = 1974, - address = {New York and London}, - note = {\url{http://graphics8.nytimes.com/images/2008/04/16/business/Easterlin1974.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/easterlinGrowth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/easterlinGrowth.pdf:PDF}, - url = {http://graphics8.nytimes.com/images/2008/04/16/business/Easterlin1974.pdf} -} - -@ARTICLE{elNotFactor, - author = {Easterly, William and Levine, Ross}, - title = {What Have We Learned From A Decade Of Empirical Research On Growth? It's Not Factor Accumulation: Stylized Facts And Growth Models}, - journal = {The World Bank Economic Review}, - year = 2001, - volume = 15, - pages = {177--219}, - number = 2, - publisher = {World Bank} -} - -@ARTICLE{ekpsLuck, - author = {Easterly, William and Kremer, Michael and Pritchett, Lant and Summers, Lawrence H.}, - title = {Good Policy or Good Luck?}, - journal = {Journal of Monetary Economics}, - year = 1993, - volume = 32, - pages = {459--483}, - number = 3, - publisher = {Elsevier} -} - -@ARTICLE{abel&eberly:unified, - author = {Eberly, Janice and Abel, Andrew}, - title = {A Unified Model of Investment Under Uncertainty}, - journal = {American Economic Review}, - year = 1994, - volume = 84, - pages = {1369--1384}, - number = 5, - month = {December}, - note = {Available at { \url{http://ideas.repec.org/a/aea/aecrev/v84y1994i5p1369-84.html}}} -} - -@ARTICLE{eberly:flexible, - author = {Eberly, Janice C.}, - title = {Flexible (S,s) Bands, Uncertainty, and Aggregate Consumer Durables Purchases}, - journal = {Working Paper, University of Pennsylvania}, - year = 1997 -} - -@ARTICLE{eberly:jpe, - author = {Eberly, Janice C.}, - journal = {Journal of Political Economy}, - year = 1993 -} - -@BOOK{ceaARRAsixth, - title = {The Economic Impact of the American Recovery and Reinvestment Act of 2009}, - publisher = {Government Printing Office}, - year = 2011, - author = {President's~Council~of~Economic~Advisers}, - address = {Washington, DC}, - month = {March}, - bdsk-url-1 = {http://www.whitehouse.gov/the-press-office/2011/03/18/cea-releases-sixth-quarterly-report-economic-impact-recovery-act}, - day = 18, - url = {http://www.whitehouse.gov/the-press-office/2011/03/18/cea-releases-sixth-quarterly-report-economic-impact-recovery-act} -} - -@ARTICLE{EdelsteinEtAl:2004, - author = {Edelstein, Robert H. and Lum, Sau Kim}, - title = {House prices, wealth effects, and the Singapore macroeconomy}, - journal = {Journal of Housing Economics}, - year = 2004, - volume = 13, - pages = {342--367} -} - -@ARTICLE{edison&slok:neweconomy, - author = {Edison, Hali and k, Torsten Sl{\o}k}, - title = {Wealth Effects and the New Economy}, - journal = {IMF Working Paper 01/77}, - year = 2001 -} - -@ARTICLE{EdwardsCyclical, - author = {Edwards, Ryan D.}, - title = {The Cost of Cyclical Mortality}, - journal = {The B.E. Journal of Macroeconomics (Contributions)}, - year = 2009, - volume = 9, - note = {Available at {\url{http://www.bepress.com/bejm/vol9/iss1/art7}, DOI: 10.2202/1935-1690.1729}}, - issue = {1, Article 7} -} - -@MISC{edwards:whysave, - author = {Edwards, Sebastian}, - title = {Why are Saving Rates so Different Across Countries?: An International Comparative Analysis}, - howpublished = {NBER Working Paper 5097}, - year = 1995 -} - -@TECHREPORT{ecb05b, - author = {Ehrmann, Michael and Fratzscher, Marcel}, - title = {Communication and Decision-making by Central Bank Committees: Different Strategies, same Effectiveness?}, - institution = {European Central Bank}, - year = 2005, - type = {European Central Bank Working Paper}, - number = 488 -} - -@TECHREPORT{eissa04, - author = {Eissa, Nada and Kleven, Henrik Jacobsen and Kreiner, Claus Thustrup}, - title = {Evaluation of Four Tax Reforms in the {U}nited {S}tates: {L}abor Supply and Welfare Effects for Single Mothers}, - institution = {National Bureau of Economic Research, Inc}, - year = 2004, - type = {NBER Working Papers}, - number = 10935 -} - -@ARTICLE{elliott:restricted, - author = {Elliott, Graham}, - title = {Estimating Restricted Cointegrating Vectors}, - journal = {Journal of Business and Economic Statistics}, - year = 2000, - volume = 18, - pages = {91--99} -} - -@ARTICLE{elliott:initial, - author = {Elliott, Graham}, - title = {Efficient Tests for a Unit Root When the Initial Observation is Drawn from its Unconditional Distribution}, - journal = {International Economic Review}, - year = 1999, - volume = 40, - pages = {767--783}, - number = 3, - month = {August} -} - -@ARTICLE{elliott:almost, - author = {Elliott, Graham}, - title = {On the Robustness of Cointegration Methods When Regressors Almost Have Unit Roots}, - journal = {Econometrica}, - year = 1998, - volume = 66, - pages = {149--158}, - number = 1, - month = {January} -} - -@ARTICLE{elliottfatas:current, - author = {Elliott, Graham and Fat\`as, Antonio}, - title = {International business cycles and the dynamics of the current account}, - journal = {European Economic Review}, - year = 1996, - volume = 40, - pages = {361--387} -} - -@ARTICLE{elliottito:hetero, - author = {Elliott, Graham and Ito, Takatoshi}, - title = {Heterogeneous expectations and tests of Efficiency in the yen/dollar forward exchange rate market}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 43, - pages = {435--456} -} - -@ARTICLE{elliottjansson:stationary, - author = {Elliott, Graham and Jansson, Michael}, - title = {Testing for unit roots with stationary covariates}, - journal = {Journal of Econometrics}, - year = 2003, - volume = 115, - pages = {75--89}, - number = 1, - month = {July} -} - -@ARTICLE{ejp:optimalpower, - author = {Elliott, Graham and Jansson, Michael and Pesavento, Elena}, - title = {Optimal Power for Testing Potential Cointegrating Vectors with Known Parameters for Nonstationarity}, - journal = {Working Paper, Department of Economics, University of California at San Diego}, - year = 2002 -} - -@ARTICLE{ekt:loss, - author = {Elliott, Graham and Komunjer, Ivana and Timmermann, Allan G.}, - title = {Estimating Loss Function Parameters}, - journal = {CEPR Discussion Paper No. 3821}, - month = {March 2003} -} - -@ARTICLE{elliottstock:nearone, - author = {Elliott, Graham and Stock, James H.}, - title = {Confidence intervals for autoregressive coefficients near one}, - journal = {Journal of Econometrics}, - year = 2001, - volume = 103, - pages = {155--181}, - number = {1-2} -} - -@ARTICLE{et:forecast, - author = {Elliott, Graham and Timmermann, Allan}, - title = {Optimal Forecast Combinations Under General Loss Functions and Forecast Error Distributions}, - journal = {Forthcoming, Journal of Forecasting}, - year = 2004 -} - -@ARTICLE{et:regime, - author = {Elliott, Graham and Timmermann, Allan}, - title = {Optimal Forecast Combination Under Regime Switching}, - journal = {Forthcoming, International Economic Review}, - year = 2004 -} - -@ARTICLE{ellison&fudenberg:social, - author = {Ellison, Glen and Fudenberg, Drew}, - title = {Word-of-Mouth Communication and Social Learning}, - journal = {Quarterly Journal of Economics}, - year = 1995, - volume = 110, - pages = {93--125} -} - -@ARTICLE{EngenGruber:UI, - author = {Engen, Eric and Gruber, Jonathan}, - title = {Unemployment Insurance and Precautionary Saving}, - journal = {Journal of Monetary Economics}, - year = 2001, - volume = 47, - pages = {545--579} -} - -@ARTICLE{englund&ioannides:houseprices, - author = {Englund, Peter and Ioannides, Yannis}, - title = {House Price Dynamics: An International Empirical Perspective}, - journal = {Journal of Housing Economics}, - year = 1997, - volume = 6, - pages = {119--136} -} - -@TECHREPORT{ecb05, - author = {{European Central Bank}}, - title = {Inflation Persistence and Price Setting Behaviour in the Euro Area}, - year = 2005, - type = {report}, - note = {available at {\footnotesize \url{http://www.ecb.int/home/pdf/research/inflationpersistencepricesettingreport.pdf}}} -} - -@TECHREPORT{ecb03, - author = {{European Central Bank}}, - title = {Structural Factors in the EU Housing Markets}, - institution = {European Central Bank}, - year = 2003, - type = {report}, - note = {available at {\footnotesize \url{http://www.ecb.eu/pub/pdf/other/euhousingmarketsen.pdf}}} -} - -@TECHREPORT{elp02, - author = {Evans, Charles L. and Liu, Chin Te and Pham--Kanter, Genevieve}, - title = {The 2001 Recession and the Chicago Fed National Activity Index: Identifying Business Cycle Turning Points}, - institution = {Federal Reserve Bank of Chicago}, - year = 2002, - type = {Economic Perspectives}, - pages = {26--43} -} - -@BOOK{evans&honk:book, - title = {Learning and Expectations in Macroeconomics}, - publisher = {Princeton University Press}, - year = 2001, - author = {Evans, George W. and Honkapohja, Seppo}, - address = {Princeton} -} - -@ARTICLE{evans&honk:survey, - author = {Evans, George W. and Honkapohja, Seppo}, - title = {Learning Dynamics}, - journal = {Manuscript, University of Oregon}, - year = 1999 -} - -@ARTICLE{evansInterestElasticity, - author = {Evans, Owen J.}, - title = {Tax Policy, the Interest Elasticity of Saving, and Capital Accumulation: Numerical Analysis of Theoretical Models}, - journal = {The American Economic Review}, - year = 1983, - pages = {398--410}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/evansInterestElasticity.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/evansInterestElasticity.pdf:PDF}, - publisher = {JSTOR} -} - -@ARTICLE{fama:inherit, - author = {Fama, Eugene F.}, - title = {Multiperiod Consumption-Investment Decisions}, - journal = {American Economic Review}, - year = 1970, - volume = 60, - pages = {163--74}, - number = 1 -} - -@ARTICLE{fhnRisk, - author = {Fan, Lin and Hobbs, Benjamin F. and Norman, Catherine S.}, - title = {Risk Aversion And CO2 Regulatory Uncertainty In Power Generation Investment: Policy And Modeling Implications}, - journal = {Journal of Environmental Economics and Management}, - year = 2010, - volume = 60, - pages = {193--208}, - number = 3, - note = {\\ \url{http://dx.doi.org/10.1016/j.jeem.2010.08.001}}, - doi = {10.1016/j.jeem.2010.08.001}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhnRisk.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhnRisk.pdf:PDF}, - publisher = {Elsevier}, - url = {http://dx.doi.org/10.1016/j.jeem.2010.08.001} -} - -@ARTICLE{faust:robust, - author = {Faust, Jon}, - title = {The Robustness of Identified VAR Conclusions About Money}, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = 1998, - volume = 49, - pages = {207--244} -} - -@ARTICLE{faust:errors, - author = {Faust, Jon and Rogers, John}, - title = {Monetary Policy's Role in Exchange Rate Behavior}, - journal = {Journal of Monetary Economics}, - year = 2003, - volume = 50, - pages = {1403--24}, - number = 7, - month = {October} -} - -@ARTICLE{frsw:identifying, - author = {Faust, Jon and Rogers, John H. and Swanson, Eric and Wright, Jonathan H.}, - title = {Identifying the Effects Of Monetary Policy Shocks On Exchange Rates Using High Frequency Data}, - journal = {Journal of the European Economic Association}, - year = 2003, - volume = 1, - pages = {1031--57}, - month = {September} -} - -@ARTICLE{fhw:stigma, - author = {Fay, Scott and Hurst, Erik and White, Michelle}, - title = {The Bankruptcy Decision: Does Stigma Matter?}, - journal = {University of Michigan Working Paper}, - year = 1998, - volume = {98-1} -} - -@ARTICLE{fhp, - author = {Fazzari, Stephen and Hubbard, R. Glenn and Petersen, Bruce C.}, - title = {Financing Constraints and Corporate Investment}, - journal = {Brookings Papers on Economic Activity}, - year = 1988, - volume = 1988, - pages = {141--206}, - number = 1, - bdsk-url-1 = {http://links.jstor.org/sici?sici=0007-2303%281988%291988%3A1%3C141%3AFCACI%3E2.0.CO%3B2-O}, - url = {http://links.jstor.org/sici?sici=0007-2303%281988%291988%3A1%3C141%3AFCACI%3E2.0.CO%3B2-O} -} - -@ARTICLE{flLifeCycleUncert, - author = {Feigenbaum, James and Geng Li}, - title = {Life Cycle Dynamics of Income Uncertainty and Consumption}, - journal = {B.E. Journal of Macroeconomics}, - year = 2012, - volume = {12: Iss. 1 (Advances), Article 11} -} - -@ARTICLE{flUncert, - author = {Feigenbaum, James and Li, Geng}, - title = {Lifecycle Dynamics of Income Uncertainty and Consumption}, - year = 2011 -} - -@ARTICLE{feldsteinInfl, - author = {Feldstein, M.}, - title = {{Inflation, tax rules and the stock market* 1}}, - journal = {Journal of Monetary Economics}, - year = 1980, - volume = 6, - pages = {309--331}, - number = 3, - issn = {0304-3932}, - publisher = {Elsevier} -} - -@ARTICLE{feldstein:myopic, - author = {Feldstein, Martin S.}, - title = {The Optimal Level of Social Security Benefits}, - journal = {Quarterly Journal of Economics}, - year = 1985, - volume = 100, - pages = {303--19} -} - -@Article{feldstein:induced, - Title = {Social Security, Induced Retirement, and Aggregate Capital Formation}, - Author = {Feldstein, Martin S.}, - Journal = {Journal of Political Economy}, - Year = 1974, - Month = {October}, - Note = {Available at { \url{http://www.jstor.org/stable/1829174}}}, - Number = 4, - Pages = {905--926}, - Volume = 82, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1829174} -} - -@ARTICLE{feldstein&horioka:sequalsi, - author = {Feldstein, Martin S. and Horioka, Charles Y.}, - title = {Domestic Saving and International Capital Flows}, - journal = {Economic Journal}, - year = 1980, - volume = 90, - pages = {314--29}, - month = {June} -} - -@ARTICLE{fernandez-corugedo:softlc, - author = {Fernandez-Corugedo, Emilio}, - title = {Soft Liquidity Constraints and Precautionary Savings}, - journal = {Manuscript, Bank of England}, - year = 2000 -} - -@ARTICLE{fpb:consumption, - author = {Fernandez-Corugedo, Emilio and Price, Simon and Blake, Andrew}, - title = {The Dynamics of Consumer's Expenditure: the UK Consumption ECM Redux}, - journal = {Bank of England Working Paper 204}, - year = 2003 -} - -@TECHREPORT{fpb03, - author = {Fernandez-Corugedo, Emilio and Price, Simon and Blake, Andrew}, - title = {The Dynamics of Consumers' Expenditure: The UK Consumption ECM Redux}, - institution = {Bank of England}, - year = 2003, - type = {working paper}, - number = 204 -} - -@BOOK{fisherInterestTheory, - title = {The Theory of Interest}, - publisher = {MacMillan}, - year = 1930, - author = {Fisher, Irving}, - address = {New York} -} - -@TECHREPORT{fisherEtAl:HsngBooms, - author = {Fisher, Lance A. and Otto, Glenn and Voss, Graham}, - title = {Housing Booms, Non-Financial Wealth and Consumption: Lessons from the Australian Experience}, - institution = {University of Victoria}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{fishe&idson:infohetero, - author = {Fisher, Raymond P. H. and Idson, Todd L.}, - title = {Information-Induced Heteroscedasticity in Price Expectations Data}, - journal = {Review of Economics and Statistics}, - year = 1990, - volume = 72, - pages = {304--312}, - number = 2 -} - -@INCOLLECTION{flavinHousingAndWealth, - author = {Flavin, Marjorie}, - title = {Housing and Wealth Portfolios}, - booktitle = {International Encyclopedia of Housing and Home}, - publisher = {Elsevier}, - year = {Forthcoming}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHousingAndWealth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHousingAndWealth.pdf:PDF} -} - -@ARTICLE{flavinHAdjMacro, - author = {Flavin, Marjorie}, - title = {Housing, Adjustment Costs, and Macro Dynamics}, - journal = {CESifo Economics Studies Conference on Housing Taxation and Regulation, 19–20 November 2010, Munich}, - year = 2010, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHAdjMacro.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHAdjMacro.pdf:PDF}, - url = {http://dx.doi.org/10.1093/cesifo/ifr019} -} - -@TECHREPORT{flavinEndogenousRA, - author = {Flavin, Marjorie}, - title = {Housing, Adjustment Costs, and Endogenous Risk Aversion}, - year = 2009, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinEndogenousRA.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinEndogenousRA.pdf:PDF}, - journal = {Bank of Spain conference on Household Finance and Macroeconomics, Madrid, 15-16 October, 2009} -} - -@ARTICLE{flavinSmoothness, - author = {Flavin, Marjorie}, - title = {The Excess Smoothness of Consumption: Identification and Interpretation}, - journal = {The Review of Economic Studies}, - year = 1993, - volume = 60, - number = 3, - month = {June}, - note = {\\ \url{http://www.jstor.org/stable/2298129}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinSmoothness.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinSmoothness.pdf:PDF}, - url = {http://www.jstor.org/stable/2298129} -} - -@ARTICLE{flavinLCorMyopia, - author = {Flavin, Marjorie}, - title = {Excess Sensitivity of Consumption to Current Income:Liquidity Constraints or Myopia?}, - journal = {NBER Working Paper Number 1314}, - year = 1984, - note = {\\ \url{http://www.worldcat.org/title/excess-sensitivity-of-consumption-to-current-income-liquidity-constraints-or-myopia/oclc/72446615}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinLCorMypopia.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinLCorMyopia.pdf:PDF}, - url = {http://www.worldcat.org/title/excess-sensitivity-of-consumption-to-current-income-liquidity-constraints-or-myopia/oclc/72446615} -} - -@TECHREPORT{flavinRobust, - author = {Marjorie A. Flavin}, - title = {The Joint Consumption/Asset Demand Decision: A Case Study in Robust Estimation}, - institution = {National Bureau of Economic Research}, - year = 1991, - type = {Working Paper}, - number = 3802, - month = {August}, - abstract = {The paper uses a previously unexploited data set -- the Michigan Survey of Consumer Finances -- to ask whether the finding that consumption tracks current income more closely than is consistent with the permanent income hypothesis can be attributed solely or partially to borrowing constraints. Using household data on income and asset stocks, the paper studies the saving side of the consumption/saving decision, and thus provides inferences on a comprehensive concept of consumption. To limit the influence of outliers, the paper uses a robust instrumental variables estimator, and argues that achieving robustness with respect to leverage points is actually simpler, both conceptually and computationally, in an instrumental variables context than in the OLS context. The results indicate that households do use asset stocks to smooth their consumption, although this smoothing is far from complete. However, there is no evidence that the excess sensitivity of consumption to current income is caused by borrowing constraints. Compared to the conventional results, the robust instrumental variables estimates are more stable across different subsamples, more consistent with the theoretical specification of the model, and indicate that some of the most striking findings in the conventional results were attributable to a single, highly unusual observation.}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinRobust.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinRobust.pdf:PDF}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w3802} -} - -@Article{flavinSensitive, - Title = {The Adjustment of Consumption to Changing Expectations About Future Income}, - Author = {Flavin, Marjorie B.}, - Journal = {Journal of Political Economy}, - Year = 1981, - Note = {\\ \url{http://www.jstor.org/stable/1830816}}, - Pages = {974--1009}, - Volume = 89, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1830816} -} - -@ARTICLE{fy00, - author = {Marjorie A. Flavin and Takashi Yamashita}, - title = {Owner-Occupied Housing and the Composition of the Household Portfolio over the Life-Cycle}, - journal = {American Economic Review}, - year = 2000, - volume = 92, - pages = {345--62} -} - -@TECHREPORT{fn04, - author = {Marjorie Flavin and Shinobu Nakagawa}, - title = {A Model of Housing in the Presence of Adjustment Costs: A Structural Interpretation of Habit Persistence}, - institution = {National Bureau of Economic Research}, - year = 2004, - type = {working paper}, - number = 10458 -} - -@ARTICLE{fyHousingLC, - author = {Flavin, Marjorie and Takashi Yamashita}, - title = {Owner-Occupied Housing: Life-Cycle Implications for the Household Portfolio}, - journal = {American Economic Review: Papers and Proceedings}, - year = 2011, - volume = 101, - pages = {609-–614}, - number = 3, - note = {\\ \url{https://www.aeaweb.org/articles.php?doi= 10.1257/aer.101.3.609}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingLifeCycle.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingLifeCycle.pdf:PDF}, - url = {https://www.aeaweb.org/articles.php?doi=10.1257/aer.101.3.609} -} - -@ARTICLE{fyPortfolio, - author = {Flavin, Marjorie and Takashi Yamashita}, - title = {Owner-Occupied Housing: The Role of Collateral Constraints on the Household Portfolio}, - journal = {Manuscript, UCSD}, - year = 2011, - month = {October}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyPortfolio.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyPortfolio.pdf:PDF} -} - -@ARTICLE{fyHousingHHPortfolio, - author = {Flavin, Marjorie and Yamashita, Takashi}, - title = {Owner-Occupied Housing and the Composition of the Household Portfolio}, - journal = {The American Economic Review}, - year = 2002, - volume = 92, - pages = {pp.345--362}, - number = 1, - note = {\\ \url{http://www.jstor.org/stable/3083338}}, - copyright = {Copyright © 2002 American Economic Association}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingHHPortfolio.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingHHPortfolio.pdf:PDF}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={Mar., 2002}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/3083338} -} - -@ARTICLE{FlemingRemolona:whatmoves, - author = {Fleming, Michael and Remolona, Eli}, - title = {What Moves the Bond Market?}, - journal = {Federal Reserve Bank of New York Economic Policy Review}, - year = 1997, - volume = 3, - pages = {31--50} -} - -@INCOLLECTION{fm00, - author = {Flemming, J.S. and Micklewright, John}, - title = {Income distribution, economic systems and transition}, - booktitle = {Handbook of Income Distribution}, - publisher = {Elsevier}, - year = 2000, - editor = {Atkinson, Anthony B. and Bourguignon, Frank}, - pages = {843--918}, - address = {Cambridge, MA} -} - -@ARTICLE{fogliPerriMod, - author = {Fogli, Alessandra and Perri, Fabrizio}, - title = {The `Great Moderation' and the U.S.\ External Imbalance}, - journal = {NBER Working Paper Number w12708}, - year = 2006, - month = {November} -} - -@TECHREPORT{fksvvFDIpty, - author = {Christian Fons-Rosen and Sebnem Kalemli-Ozcan and Bent E. S{\o}rensen and Carolina Villegas-Sanchez and Vadym Volosovych}, - title = {Quantifying Productivity Gains from Foreign Investment}, - institution = {National Bureau of Economic Research}, - year = 2013, - type = {Working Paper}, - number = 18920, - month = {March}, - abstract = {We quantify the causal effect of foreign investment on total factor productivity (TFP) using a new global firm-level database. Our identification strategy relies on exploiting the difference in the amount of foreign investment by financial and industrial investors and simultaneously controlling for unobservable firm and country-sector-year factors. Using our well identified firm level estimates for the direct effect of foreign ownership on acquired firms and for the spillover effects on domestic firms, we calculate the aggregate impact of foreign investment on country-level productivity growth and find it to be very small.}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18920} -} - -@TECHREPORT{fglr04, - author = {Forni, Mario and Giannone, Domenico and Lippi, Marco and Reichlin, Lucrezia}, - title = {Opening the Black Box: Structural Factor Models versus Structural VARs}, - institution = {Universit{\'}e Libre de Bruxelles}, - year = 2004, - type = {mimeo} -} - -@BOOKLET{fanniemae:housesize, - title = {Opening the Door to a Home of Your Own}, - author = {Foundation, Fannie Mae}, - address = {Washington, D.C.}, - year = 1997 -} - -@ARTICLE{francisCapitalistSpirit, - author = {Francis, Johanna L.}, - title = {Wealth and the capitalist spirit}, - journal = {Journal of Macroeconomics}, - year = 2009, - volume = 31, - pages = {394--408}, - number = 3, - doi = {10.1016/j.jmacro.2008.10.007}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/francisCapitalistSpirit.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/francisCapitalistSpirit.pdf:PDF}, - issn = {0164-0704}, - keywords = {Capitalist spirit}, - url = {http://www.sciencedirect.com/science/article/pii/S0164070408000785} -} - -@BOOK{frank:rightpond, - title = {On Choosing the Right Pond: Human Behavior and the Quest for Status}, - publisher = {Oxford University Press}, - year = 1985, - author = {Frank, Robert H.}, - address = {New York} -} - -@ARTICLE{fratantoni:housing, - author = {Fratantoni, Michael}, - title = {Homeownership, Committed Expenditure Risk, and the Stockholding Puzzle}, - journal = {Oxford Economic Papers}, - year = 2001, - volume = 53, - pages = {241--259}, - number = 2, - month = {April} -} - -@ARTICLE{fratantoni:empirical, - author = {Fratantoni, Michael C.}, - title = {Homeownership and Investment in Risky Assets}, - journal = {Journal of Urban Economics}, - year = 1998, - volume = 44, - pages = {27--42} -} - -@ARTICLE{fratantoni:equitypremium, - author = {Fratantoni, Michael C.}, - title = {Income Uncertainty and the Equity Premium Puzzle}, - journal = {Manuscript, Johns Hopkins University}, - year = 1998 -} - -@ARTICLE{friedman:extreme, - author = {Friedman, Benjamin M.}, - title = {Optimal Expectations and the Extreme Information Assumptions of `Rational Expectations' Macromodels}, - journal = {Journal of Monetary Economics}, - year = 1979, - volume = 5, - pages = {23--41} -} - -@ARTICLE{friedmanMoney, - author = {Friedman, Milton}, - title = {The Role of Monetary Policy: Presidential Address to the American Economic Association}, - journal = {American Economic Review}, - year = 1968, - volume = 58, - pages = {1--15}, - number = 1 -} - -@INCOLLECTION{as-if, - author = {Friedman, Milton}, - title = {Methodology in Positive Economics}, - booktitle = {Essays in Positive Economics}, - publisher = {University Of Chicago Press}, - year = 1966, - pages = {3--43}, - month = {August}, - abstract = {{"}Stimulating, provocative, often infuriating, but well worth reading.{"}--Peter Newman, Economica {"}His critical blast blows like a north wind against the more pretentious erections of modern economics. It is however a healthy and invigorating blast, without malice and with a sincere regard for scientific objectivity.{"}--K.E. Boulding, Political Science Quarterly {"}Certainly one of the most engrossing volumes that has appeared recently in economic theory.{"}--William J. Baumol, Review of Economics and Statistics}, - bdsk-url-1 = {http://www.amazon.ca/exec/obidos/redirect?tag=citeulike09-20%5C&path=ASIN/0226264033}, - citeulike-article-id =2716803, - comment = {CHIFLEY HB33.F7}, - howpublished = {Paperback}, - keywords = {agents, economics, file-import-08-04-25, parsimony, rationality}, - posted-at = {2008-04-25 06:53:12}, - priority = 2, - url = {http://www.amazon.ca/exec/obidos/redirect?tag=citeulike09-20\&path=ASIN/0226264033} -} - -@INCOLLECTION{friedmanBodkinComments, - author = {Friedman, Milton}, - title = {Comments}, - booktitle = {Consumption and Saving}, - publisher = {University of Pennsylvania Press}, - year = 1960, - address = {Philadelphia} -} - -@techreport{leBlancGeorgarakos:IncomeProcessesInEurope, - author = {Julia {\noopsort{Blanc}}{Le Blanc} and Dimitris Georgarakos}, - institution = {Goethe University Frankfurt}, - type = {mimeo}, - title = {How Risky Is Their Income? Labor Income Processes in Europe}, - year = 2013, -} - -@article{fuchsSchuendelnEtAl:IncomeGermany, - author = {Nicola Fuchs-Schuendeln and Dirk Krueger and Mathias Sommer}, - journal = {Review of Economic Dynamics}, - number = 1, - pages = {103--132}, - title = {Inequality Trends for Germany in the Last Two Decades: A Tale of Two Countries}, - volume = 13, - year = 2010, -} - -@INCOLLECTION{friedman:windfalls, - author = {Friedman, Milton A.}, - title = {Windfalls, the `Horizon,' and Related Concepts in the Permanent Income Hypothesis}, - booktitle = {Measurement in Economics}, - publisher = {Stanford University Press}, - year = 1963, - editor = {Christ, Carl}, - pages = {1--28} -} - -@BOOK{friedman:essays, - title = {Essays in Positive Economics}, - publisher = {University of Chicago Press}, - year = 1953, - author = {Friedman, Milton A.}, - address = {Chicago} -} - -@ARTICLE{fs:shock, - author = {Fuchs-Sch{\"}undeln, Nicola}, - title = {The Response of Household Saving to the Large Shock of German Reunification}, - journal = {Manuscript, Harvard University}, - year = 2007 -} - -@ARTICLE{fs:germany, - author = {Fuchs-Schuudeln, Nicola and Schundeln, Matthias}, - title = {Precautionary Savings and Self-Selection: Evidence from the German Reunification {``}Experiment{''}}, - journal = {Quarterly Journal of Economics}, - year = 2005, - volume = 120, - pages = {1085--1120}, - number = 3 -} - -@TECHREPORT{fuh05, - author = {Fuhrer, Jeffrey C.}, - title = {Intrinsic and Inherited Inflation Persistence}, - institution = {Federal Reserve Bank of Boston}, - year = 2005, - type = {Working Paper}, - number = {05-08} -} - -@ARTICLE{fuh00, - author = {Fuhrer, Jeffrey C.}, - title = {Habit Formation in Consumption and Its Implication for Monetary-Policy Models}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {367--390}, - number = 3 -} - -@ARTICLE{fuhrer:habits, - author = {Fuhrer, Jeffrey C.}, - title = {Habit Formation in Consumption and its Implications for Monetary Policy Models}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {367--390}, - number = 3, - month = {June}, - note = {\url{http://www.jstor.org/stable/117334}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fuhrerHabits.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fuhrerHabits.pdf:pdf}, - url = {http://www.jstor.org/stable/117334} -} - -@ARTICLE{fuhrer&klein:riskyhabits, - author = {Fuhrer, Jeffrey C. and Klein, Michael W.}, - title = {Risky Habits: On Risk Sharing, Habit Formation, and the Interpretation of International Consumption Correlations}, - journal = {NBER Working Paper No. 6735}, - year = 1998 -} - -@ARTICLE{fuhrer&moore:persistence, - author = {Fuhrer, Jeffrey C. and Moore, George R.}, - title = {Inflation Persistence}, - journal = {Quarterly Journal of Economics}, - year = 1995, - volume = 110, - pages = {127--159}, - number = 1 -} - -@BOOK{fullerton&rogers:incidence, - title = {Who Bears the Lifetime Tax Burden}, - publisher = {The Brookings Institution}, - year = 1993, - author = {{Fullerton, Don} and {Diane L. Rogers}}, - address = {Washington, D.C.} -} - -@ARTICLE{futia:invariant, - author = {Futia, Carl A.}, - title = {Invariant Distributions and the Limiting Behavior of Markovian Economic Models}, - journal = {Econometrica}, - year = 1982, - volume = 50, - pages = {377--408}, - number = 2 -} - -@INPROCEEDINGS{gabaix&laibson:6Dbias, - author = {Gabaix, Xavier and Laibson, David}, - title = {The 6D Bias and the Equity Premium Puzzle}, - booktitle = {NBER Macroeconomics Annual}, - year = 2002, - editor = {Bernanke, Ben and Rogoff, Kenneth}, - pages = {257--312}, - address = {Cambridge, MA}, - publisher = {MIT Press} -} - -@ARTICLE{gabaix&laibson:6d, - author = {Gabaix, Xavier and Laibson, David}, - title = {The 6D Bias and and the Equity Premium Puzzle}, - journal = {NBER Macroeconomics Annual}, - year = 2001, - pages = {257--312} -} - -@TECHREPORT{go04, - author = {Gadzinski, Gregory and Orlandi, Fabrice}, - title = {Inflation Persistence for the EU Countries, the Euro Area and the US}, - institution = {European Central Bank}, - year = 2004, - type = {ECB working paper}, - number = 414 -} - -@ARTICLE{gakidis:stocksforold, - author = {Gakidis, Haralobos E.}, - title = {Stocks for the Old? Earnings Uncertainty and Life-Cycle Portfolio Choice}, - journal = {Manuscript, Massachusetts Institute of Technology}, - year = 1998 -} - -@ARTICLE{gali:joneses, - author = {Gal{\'}{i}, Jordi}, - title = {Keeping Up with the Joneses: Consumption Externalities, Portfolio Choice, and Asset Prices}, - journal = {Journal of Money, Credit, and Banking}, - year = 1994, - volume = 26, - pages = {1--8}, - number = 1 -} - -@ARTICLE{gale:survey, - author = {Gale, Douglas}, - title = {What Have We Learned from Social Learning?}, - journal = {European Economic Review}, - year = 1996, - volume = 40, - pages = {617--628} -} - -@ARTICLE{gale&scholz:intergen, - author = {Gale, William G. and Scholz, John Karl}, - title = {Intergenerational Transfers and the Accumulation of Wealth}, - journal = {Journal of Economic Perspectives}, - year = 1994, - volume = 8, - pages = {145--160}, - number = 4 -} - -@ARTICLE{gg99, - author = {Gali, Jordi and Gertler, Mark}, - title = {Inflation Dynamics: A Structural Econometric Approach}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 4, - pages = {195--222}, - number = 2 -} - -@ARTICLE{gm07, - author = {{Galu{\v} s{\v} c{{\'}a}k}, Kamil and M{\"}unich, Daniel}, - title = {Structural and Cyclical Unemployment: What Can Be Derived from the Matching Function? (in {E}nglish)}, - journal = {Czech Journal of Economics and Finance (Finance a uver, ISSN: 0015-1920)}, - year = 2007, - volume = 57, - pages = {102--125}, - number = {3--4} -} - -@ARTICLE{gm05, - author = {{Galu{\v} s{\v} c{{\'}a}k}, Kamil and M{\"}unich, Daniel}, - title = {Regional Wage Adjustments and Unemployment: Estimating the Time-Varying Wage Curve (in {E}nglish)}, - journal = {Czech Journal of Economics and Finance (Finance a uver, ISSN: 0015-1920)}, - year = 2005, - volume = 55, - pages = {68--82}, - number = {1--2} -} - -@TECHREPORT{gp05, - author = {{Galu{\v} s{\v} c{{\'}a}k}, Kamil and Pavel, Jan}, - title = {Does Work Pay? {I}ncidence of Unemployment and Inactivity Traps in the {Czech Republic}}, - institution = {Czech National Bank, Prague}, - year = 2005, - type = {mimeo} -} - -@misc{carroll:reviewgapinsky, - journal = {Journal of Economic Literature}, - author = {Gapinsky, James H.}, - year = 1994, - volume = 32, - number = 4, - note = {Book Review}, - title = {The Economics of Saving} -} - -@ARTICLE{garner:debt, - author = {Garner, C. Alan}, - title = {Can Measures of the Consumer Debt Burden Reliably Predict an Economic Slowdown?}, - journal = {Federal Reserve Bank of Kansas City}, - year = 1996, - volume = 81, - pages = {63--76}, - number = 4 -} - -@ARTICLE{GarrettEtAl:2004, - author = {Garrett, Thomas A. and Hern\`{a}ndez-Murillo, Rub\`{e}n and Owyang, Michael T.}, - title = {Does Consumer Sentiment Predict Regional Consumption?}, - journal = {Federal Reserve Bank of St. Louis Review}, - year = 2004, - volume = 87, - pages = {123--35}, - number = 2, - month = {March} -} - -@ARTICLE{geiregat:jobmarket, - author = {Geiregat, Christopher}, - title = {Banks, Capital Constraints, and Aggregate Fluctuations}, - journal = {Unpublished Manuscript, Johns Hopkins University}, - year = 2000 -} - -@ARTICLE{gmLossAversion, - author = {Genesove, David and Mayer, Christopher}, - title = {Loss Aversion and Seller Behavior: Evidence from the Housing Market}, - journal = {The Quarterly Journal of Economics}, - year = 2001, - volume = 116, - pages = 1233, - number = 4, - publisher = {Oxford University Press} -} - -@ARTICLE{gentry&hubbard:wealthysave, - author = {Gentry, William M. and Hubbard, R. Glenn}, - title = {Why Do the Wealthy Save So Much? Saving and Investment Decisions of Entrepreneurs}, - journal = {Manuscript, Columbia University}, - year = 1998 -} - -@ARTICLE{gfwDisagree, - author = {Gerardi, Kristofer S. and Foote, Christopher L. and Willen, Pauls S.}, - title = {Reasonable People Did Disagree: Optimism and Pessimism about the U.S.\ Housing Market Before the Crash}, - journal = {Public Policy Discussion Paper}, - year = 2010, - publisher = {Federal Reserve Bank of Boston} -} - -@TECHREPORT{ger01, - author = {Gerberding, Christina}, - title = {The Information Content of Survey Data on Expected Price Developments for Monetary Policy}, - institution = {Deutsche Bundesbank}, - year = 2001, - type = {discussion paper}, - number = 9 -} - -@ARTICLE{goJME, - author = {Ghosh, Atish R. and Ostry, Jonathan D.}, - title = {Macroeconomic Uncertainty, Precautionary Saving, and the Current Account}, - journal = {Journal of Monetary Economics}, - year = 1997, - volume = 40, - pages = {121--139} -} - -@BOOK{gmw:opt, - title = {Practical Optimization}, - publisher = {Academic Press}, - year = 1981, - author = {{Gill,~P.~E., W.~Murray} and {M.~H.~Wright}}, - address = {New York} -} - -@ARTICLE{Glaeser:1992, - author = {Glaeser, Edward L and Kallal, Hedi D. and Scheinkman, Jose A. and Shleifer, Andrei}, - title = {Growth in Cities}, - journal = {Journal of Political Economy}, - year = 1992, - volume = 100, - pages = {1126--52}, - number = 6, - month = {December} -} - -@ARTICLE{glick&rogoff:currentacct, - author = {Glick, Reuven and Rogoff, Kenneth S.}, - title = {Global Versus Country-Specific Productivity Shocks and the Current Account}, - journal = {Journal of Monetary Economics}, - year = 1995, - volume = 35, - pages = {159--192}, - number = 1, - month = {February} -} - -@ARTICLE{gp04, - author = {Golinelli, Roberto and Parigi, Giuseppe}, - title = {Consumer Sentiment and Economic Activity: A Cross Country Comparison}, - journal = {Journal of Business Cycle Measurement and Analysis}, - year = 2004, - volume = 1, - pages = {147--170}, - number = 2 -} - -@INCOLLECTION{gollier:classical, - author = {Gollier, Christian}, - title = {What Does the Classical Theory Have to Say About Household Portfolios?}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, Tullio} -} - -@ARTICLE{GomesMichaelides:optimal, - author = {Gomes, Francisco and Michaelides, Alexander}, - title = {Optimal Life-Cycle Asset Allocation: Understanding the Empirical Evidence}, - journal = {Journal of Finance}, - year = 2005, - volume = 60, - pages = {869--904}, - number = 2, - month = {April} -} - -@ARTICLE{GomesMichaelides:intl, - author = {Gomes, Francisco and Michaelides, Alexander}, - title = {International Portfolio Choice, Liquidity Constraints and the Home Equity Bias Puzzle}, - journal = {Journal of Economic Dynamics and Control}, - year = 2003, - volume = 28, - pages = {555--594}, - number = 3, - month = {December} -} - -@ARTICLE{goodman&ittner:houseestimates, - author = {Goodman, J. L. and Ittner, J. B.}, - title = {The Accuracy of Homeowner's Estimates of House Value}, - journal = {Journal of Housing Economics}, - year = 1992, - volume = 2, - pages = {339--357} -} - -@ARTICLE{gorman1953community, - author = {Gorman, William M.}, - title = {{Community Preference Fields}}, - journal = {Econometrica}, - year = 1953, - volume = 21, - pages = {63--80}, - number = 1, - publisher = {JSTOR} -} - -@ARTICLE{Gorodnichenko:2010tp, - author = {Gorodnichenko, Yuriy and Sabirianova Peter, Klara and Stolyarov, Dmitriy}, - title = {Inequality and volatility moderation in Russia: Evidence from micro-level panel data on consumption and income}, - journal = {Review of Economic Dynamics}, - year = 2010, - volume = 13, - pages = {209--237}, - number = 1, - date-added = {2013-04-07T23:23:14GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = {{Review_of_Economic_Dynamics_2010_Gorodnichenko.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Gorodnichenko/Review_of_Economic_Dynamics_2010_Gorodnichenko.pdf:application/pdf}}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Gorodnichenko/Review_of_Economic_Dynamics_2010_Gorodnichenko.pdf}, - rating = 0, - uri = {\url{papers2://publication/uuid/03D7B199-CBA8-442F-9ACF-E36D895B959D}}, - url = {http://www.sciencedirect.com/science/article/pii/S1094202509000556} -} - -@ARTICLE{gmEJvarTrends, - author = {Gottschalk, Peter and Moffitt, Robert A.}, - title = {Trends in the Transitory Variance of Earnings in the United States}, - journal = {Economic Journal}, - year = 2002, - volume = {112(478)}, - pages = {C68-C73}, - month = {March}, - publisher = {Royal Economic Society} -} - -@ARTICLE{gourinchas:gelifecycle, - author = {Gourinchas, Pierre-Olivier}, - title = {Precautionary Savings, the Life Cycle, and Macroeconomics}, - journal = {Manuscript, Princeton University}, - year = 1999 -} - -@article{gourinchasJeannePuzzle, - title = {Capital Flows to Developing Countries: The Allocation Puzzle}, - author = {Pierre-Olivier Gourinchas and Olivier Jeanne}, - journal = {Review of Economic Studies}, - volume = 80, - pages = {1484-1515}, - year = 2013, -} - -@ARTICLE{gourinchasJeannePuzzleNBERWP, - author = {Gourinchas, Pierre-Olivier and Jeanne, Olivier}, - title = {Capital Flows to Developing Countries: The Allocation Puzzle}, - journal = {NBER Working Paper w13602}, - year = 2007 -} - -@ARTICLE{gpCoverLC, - author = {Pierre-Olivier Gourinchas and Jonathan A. Parker}, - title = {Consumption Over the Lifecycle}, - journal = {Econometrica}, - year = 2002, - volume = 70, - pages = {47--89}, - number = 1, - month = {January} -} - -@MISC{bog:flow, - author = {of Governors of the Federal Reserve System, Board}, - title = {Flow of Funds Accounts Financial Assets and Liabilities, Year-End}, - year = {periodic} -} - -@BOOK{grahamDodd, - title = {Securities Analysis}, - publisher = {McGraw-Hill}, - year = 1934, - author = {Graham, Benjamin and Dodd, David}, - address = {New York} -} - -@INCOLLECTION{grantKeynes, - author = {Grant, Susan}, - title = {Chapter 3. The Key Skills of an Economists}, - booktitle = {Teaching and Assessing Skills in Economics}, - publisher = {Cambridge University Press}, - year = 2009, - note = {Available at \url{http://assets.cambridge.org/97805215/48250/excerpt/9780521548250_excerpt.pdf}} -} - -@INPROCEEDINGS{gw07, - author = {Green, Richard K. and Wachter, Susan M.}, - title = {The Housing Finance Revolution}, - booktitle = {Housing, Housing Finance and Monetary Policy}, - year = 2007, - pages = {21--67}, - publisher = {Jackson Hole Symposium, Federal Reserve Bank of Kansas City} -} - -@BOOK{greene:metrixtext, - title = {Econometric Analysis}, - publisher = {Prentice Hall}, - year = 2000, - author = {Greene, William H.}, - edition = 4 -} - -@BOOK{greene:econometrics, - title = {Econometrics}, - publisher = {MacMillan}, - year = 1990, - author = {Greene, William H.}, - address = {New York}, - edition = {Second} -} - -@ARTICLE{greenspan:debt, - author = {Greenspan, Alan}, - title = {Statement to the U.S. House Committee on Ways and Means, December 18, 1991}, - journal = {Federal Reserve Bulletin}, - year = 1992, - volume = 78, - pages = {122--124}, - number = 2 -} - -@ARTICLE{greenspan&cohen:scrappage, - author = {Greenspan, Alan and Cohen, Darrel}, - title = {Motor Vehicle Stocks, Scrappage, and Sales}, - journal = {Manuscript, Board of Governors of the Federal Reserve System}, - year = 1997 -} - -@TECHREPORT{gk05, - author = {Greenspan, Alan and Kennedy, James}, - title = {Estimates of Home Mortgage Originations, Repayments, and Debt on One-to-Four-Family Residences}, - institution = {Federal Reserve Board}, - year = 2005, - type = {FEDS working paper}, - number = {2005--41} -} - -@article{gross&souleles:creditcards, - title = {Do Liquidity Constraints and Interest Rates Matter for Consumer Behavior? Evidence from Credit Card Data*}, - author = {Gross, David B and Souleles, Nicholas S}, - journal = {The Quarterly journal of economics}, - volume = 117, - number = 1, - pages = {149--185}, - year = 2002, - publisher = {Oxford University Press} -} - -@ARTICLE{gross&souleles:bankruptcy, - author = {Gross, David B. and Souleles, Nicholas S.}, - title = {Explaining the Rise in Bankruptcy and Delinquency: Stigma Versus Risk-Composition}, - journal = {Manuscript, University of Pennsylvania}, - year = 1998 -} - -@ARTICLE{gru04, - author = {Gruber, Joseph W.}, - title = {A Present Value Test of Habits and the Current Account}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - pages = {1495--1507}, - number = 7 -} - -@ARTICLE{grHabits, - author = {Alessandra Guariglia and Mariacristina Rossi}, - title = {Consumption, Habit Formation, and Precautionary Saving: Evidence from the British Household Panel Survey}, - journal = {Oxford Economic Papers}, - year = 2002, - volume = 54, - pages = {1--19} -} - -@ARTICLE{gjt:smallPS, - author = {Guiso, Luigi and Jappelli, Tullio and Terlizzese, Daniele}, - title = {Earnings Uncertainty and Precautionary Saving}, - journal = {Journal of Monetary Economics}, - year = 1992, - volume = 30, - pages = {307--37}, - number = 2 -} - -@ARTICLE{guiso+paiella-risk, - author = {Guiso, Luigi and Paiella, Monica}, - title = {Risk Aversion, Wealth and Background Risk}, - journal = {C.E.P.R. Discussion Papers}, - year = 2001, - number = 2728, - month = mar, - note = {available at http://ideas.repec.org/p/cpr/ceprdp/2728.html}, - type = {CEPR Discussion Papers} -} - -@ARTICLE{gsz:culture, - author = {Guiso, Luigi and Sapienza, Paola and Zingales, Luigi}, - title = {Does Culture Affect Economic Outcomes?}, - journal = {Journal of Economic Perspectives}, - year = 2006, - note = {available at http://ideas.repec.org/p/cpr/ceprdp/5505.html} -} - -@ARTICLE{GuvenenLearning, - author = {Guvenen, Fatih}, - title = {Learning Your Earning: Are Labor Income Shocks Really Very Persistent?}, - journal = {American Economic Review}, - year = 2007, - volume = 97, - pages = {687--712}, - number = 3 -} - -@Article{gosCyclical, - author = {Fatih Guvenen and Serdar Ozkan and Jae Song}, - title = {{The Nature of Countercyclical Income Risk}}, - journal = {Journal of Political Economy}, - year = 2014, - volume = 122, - number = 3, - pages = {621--660}, - abstract = {This paper studies the cyclical nature of individual income risk using a confidential dataset from the U.S. Social Security Administration, which contains (uncapped) earnings histories for millions of individuals. The base sample is a nationally representative panel containing 10 percent of all U.S. males from 1978 to 2010. We use these data to decompose individual income growth during recessions into “between-group” and “within-group” components. We begin with the behavior of within-group shocks. Contrary to past research, we do not find the variance of idiosyncratic income shocks to be countercyclical. Instead, it is the left-skewness of shocks that is strongly countercyclical. That is, during recessions, the upper end of the shock distribution collapses—large upward income movements become less likely—whereas the bottom end expands—large drops in income become more likely. Thus, while the dispersion of shocks does not increase, shocks become more left skewed and, hence, risky during recessions. Second, to study between-group differences, we group individuals based on several observable characteristics at the time a recession hits. One of these characteristics—the average income of an individual at the beginning of a business cycle episode—proves to be an especially good predictor of fortunes during a recession: prime-age workers that enter a recession with high average earnings suffer substantially less compared with those who enter with low average earnings (which is not the case during expansions). Finally, we find that the cyclical nature of income risk is dramatically different for the top 1 percent compared with all other individuals—even relative to those in the top 2 to 5 percent. }, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18035} -} - -@ARTICLE{denHaanMarcet:parameterized, - author = {den Haan, Wouter J and Marcet, Albert}, - title = {Solving the Stochastic Growth Model by Parameterizing Expectations}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {31--34}, - number = 1, - month = {January}, - note = {Available at {\url{http://ideas.repec.org/a/bes/jnlbes/v8y1990i1p31-34.html}}} -} - -@ARTICLE{hl:interpreting, - author = {Hahn, Jaehoon and Lee, Hangyong}, - title = {Interpreting the Predictive Power of the Consumption-Wealth Ratio}, - journal = {University of Washington Working Paper}, - year = 2005 -} - -@ARTICLE{hahn&lee:cwunstable, - author = {Hahn, Jaehoon and Lee, Hangyong}, - title = {On the Estimation of the Consumption-Wealth Ratio: Cointegrating Parameter Instability and its Implications for Stock Return Forecasting}, - journal = {Manuscript, Columbia University}, - year = 2001 -} - -@TECHREPORT{hl01, - author = {Jaehoon Hahn and Hangyong Lee}, - title = {On the Estimation of the Consumption-Wealth Ratio: Cointegrating Parameter Instability and its Implications for Stock Return Forecasting}, - institution = {Columbia University}, - year = 2001, - type = {mimeo} -} - -@ARTICLE{haliassos&bertaut:fewholdstocks, - author = {Haliassos, Michael and Bertaut, Carol}, - title = {Why Do So Few Hold Stocks?}, - journal = {The Economic Journal}, - year = 1995, - volume = 105, - pages = {1110--1129} -} - -@INCOLLECTION{HaliassosMichaelides:computation, - author = {Haliassos, Michael and Michaelides, Alexander}, - title = {Calibration and Computation of Household Portfolio Models}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2002, - editor = {Guiso, Luigi and Haliassos, Michael and Japelli, Tullio}, - chapter = 2, - pages = {55--101} -} - -@ARTICLE{haliassos&michaelides:ier, - author = {Haliassos, Michael and Michaelides, Alexander}, - title = {Portfolio Choice and Liquidity Constraints}, - journal = {International Economic Review}, - year = 2003, - volume = 44, - pages = {143--177}, - number = 1, - note = {available at http://ideas.repec.org/a/ier/iecrev/v44y2003i1p143-177.html} -} - -@ARTICLE{hrw:relevance, - author = {Hall, Alastair R. and Rudebusch, Glenn D. and Wilcox, David W.}, - title = {Judging Instrument Relevance In Instrumental Variables Estimation}, - journal = {International Economic Review}, - year = 1996, - volume = 37, - pages = {283--298}, - number = 2 -} - -@ARTICLE{hall:cweak, - author = {Hall, Robert E.}, - title = {Macro Theory and the Recession of 1990-1991}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {275--279}, - number = 2 -} - -@Article{hallSubstitution, - Title = {Intertemporal Substitution in Consumption}, - Author = {Hall, Robert E.}, - Journal = {Journal of Political Economy}, - Year = 1988, - Note = {Available at {\url{http://www.stanford.edu/~rehall/Intertemporal-JPE-April-1988.pdf}}}, - Pages = {339-357}, - Volume = {XCVI}, - Owner = {Nic Johnson}, - Url = {http://www.stanford.edu/~rehall/Intertemporal-JPE-April-1988.pdf} -} - -@ARTICLE{hall&jones:ptyofnations, - author = {Hall, Robert E. and Jones, Charles I.}, - title = {Why Do Some Countries Produce So Much More Output per Worker than Others?}, - journal = {Quarterly Journal of Economics}, - year = 1999, - volume = {CXIV}, - pages = {83--116}, - month = {February} -} - -@ARTICLE{hall&jorgenson:i, - author = {Hall, Robert E. and Jorgenson, Dale}, - title = {Tax Policy and Investment Behavior}, - journal = {American Economic Review}, - year = 1967, - volume = 57, - month = {June}, - note = {Available at { \url{http://www.stanford.edu/~rehall/Tax-Policy-AER-June-1967.pdf}}} -} - -@ARTICLE{hall&mishkin:transitory, - author = {Hall, Robert E. and Mishkin, Frederic}, - title = {The Sensitivity of Consumption to Transitory Income: Evidence from PSID Households}, - journal = {Econometrica}, - year = 1982, - volume = {L}, - pages = {461--81} -} - -@BOOK{hr95, - title = {The Flat Tax}, - publisher = {Hoover Institution Press}, - year = 1995, - author = {Hall and Rabushka}, - address = {Stanford} -} - -@ARTICLE{hst99, - author = {Ham, John C. and Svejnar, Jan and Terrell, Katherine}, - title = {Women's Unemployment during Transition}, - journal = {The Economics of Transition}, - year = 1999, - volume = 7, - pages = {47--78}, - number = 1 -} - -@ARTICLE{hst98, - author = {Ham, John C. and Svejnar, Jan and Terrell, Katherine}, - title = {Unemployment and the Social Safety Net during Transitions to a Market Economy: Evidence from the {C}zech and {S}lovak Republics}, - journal = {American Economic Review}, - year = 1998, - volume = 88, - pages = {1117--42}, - number = 5 -} - -@ARTICLE{hhkCoint, - author = {Hamburg, Britta and Hoffmann, Mathias and Keller, Joachim}, - title = {Consumption, Wealth, and Business Cycles in Germany}, - journal = {Empirical Economics}, - year = 2008, - volume = 34, - pages = {451--476}, - number = 3 -} - -@TECHREPORT{hhk05, - author = {Hamburg, Britta and Hoffmann, Mathias and Keller, Joachim}, - title = {Consumption, Wealth and Business Cycles in Germany}, - institution = {Deutsche Bundesbank}, - year = 2005, - type = {discussion paper}, - number = 16 -} - -@ARTICLE{hamilton:growthcycles, - author = {Hamilton, James D}, - title = {A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle}, - journal = {Econometrica}, - year = 1989, - volume = 57, - pages = {357--384}, - month = {March} -} - -@ARTICLE{fhLimitations, - author = {Hamilton, James D. and Marjorie A. Flavin}, - title = {On the Limitations of Government Borrowing: A Framework for Empirical Testing}, - journal = {The American Economic Review}, - year = 1986, - volume = 76, - pages = {808--819}, - number = 4, - month = {September}, - note = {\\ \url{http://www.jstor.org/stable/1806077}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhGovBorrowing.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhGovBorrowing.pdf:PDF}, - url = {http://www.jstor.org/stable/1806077} -} - -@TECHREPORT{han04, - author = {Handjiyska, Boriana}, - title = {Adjustment of Household Inflation Expectations in Five OECD Countries}, - institution = {Johns Hopkins University}, - year = 2004, - type = {mimeo} -} - -@ARTICLE{han01, - author = {Hansen, Bruce E.}, - title = {The New Econometrics of Structural Change: Dating Breaks in U.S.\ Labor Productivity}, - journal = {Journal of Economic Perspectives}, - year = 2001, - volume = 15, - pages = {117--28}, - number = 4 -} - -@MISC{hansen:hours, - author = {Hansen, Gary D.}, - title = {Fluctuations in Total Hours Worked: A Study Using Efficiency Units}, - howpublished = {Working Paper, University of Minnesota}, - year = 1984 -} - -@ARTICLE{hansen&wright, - author = {Hansen, Gary D. and Wright, Randall}, - title = {The Labor Market in Real Business Cycle Theory}, - journal = {Federal Reserve Bank of Minneapol Quarterly Review}, - year = 1992, - volume = 16 -} - -@ARTICLE{hansen:gmm, - author = {Hansen, Lars M.}, - title = {Large Sample Properties of Generalized Method of Moments Estimators}, - journal = {Econometrica}, - year = 1982, - pages = {1029--1054} -} - -@BOOK{hlp:inequalities, - title = {Inequalities}, - publisher = {Cambridge University Press}, - year = 1967, - author = {Hardy, Godfrey Harold and Littlewood, John E. and Polya, George}, - edition = {Second} -} - -@ARTICLE{laibsonHarrisInstant, - author = {Harris, Christopher and Laibson, David I.}, - title = {Instantaneous Gratification}, - journal = {Manuscript, Harvard University}, - year = 2004 -} - -@ARTICLE{hjmrTemporal, - author = {Harrison, G.W. and Johnson, E. and McInnes, M.M. and Rutstr{\"}om, E.E.}, - title = {Temporal stability of estimates of risk aversion}, - journal = {Applied Financial Economics Letters}, - year = 2005, - volume = 1, - pages = {31--35}, - number = 1, - note = {\url{http://econpapers.repec.org/RePEc:taf:apfelt:v:1:y:2005:i:1:p:31-35}}, - abstract = {Estimates of risk aversion can be obtained from controlled laboratory experiments. The temporal stability of those preferences is assumed in many applications. This assumption is tested by eliciting risk aversion measures from subjects at two distinct times. Evidence consistent with the stability assumption is found.}, - publisher = {Routledge}, - url = {http://econpapers.repec.org/RePEc:taf:apfelt:v:1:y:2005:i:1:p:31-35} -} - -@ARTICLE{hauseYdyn, - author = {Hause, John C.}, - title = {The Fine Structure of Earnings and the On-the-Job Training Hypothesis}, - journal = {Econometrica}, - year = 1980, - volume = 48, - pages = {1013--1029}, - number = 4 -} - -@INCOLLECTION{hausmann85, - author = {Hausman, Jerry A.}, - title = {Taxes and labor supply}, - booktitle = {Handbook of Public Economics}, - publisher = {Elsevier}, - year = 1985, - editor = {Auerbach, A. J. and Feldstein, M.}, - volume = 1, - series = {Handbook of Public Economics}, - chapter = 4, - pages = {213--263} -} - -@ARTICLE{hausmanBonus, - author = {Hausman, Joshua K.}, - title = {Fiscal Policy and Economic Recovery: The Case of the 1936 Veterans’ Bonus}, - journal = {Manuscript, University of California Berkeley}, - year = 2012 -} - -@ARTICLE{hprGrowthAccel, - author = {Hausmann, Ricardo and Pritchett, Lant and Rodrik, Dani}, - title = {Growth Accelerations}, - journal = {Journal of Economic Growth}, - year = 2005, - volume = 10, - pages = {303--329}, - note = {10.1007/s10887-005-4712-0}, - abstract = {Unlike most cross country growth analyses, we focus on turning points in growth performance. We look for instances of rapid acceleration in economic growth that are sustained for at least 8 years and identify more than 80 such episodes since the 1950s. Growth accelerations tend to be correlated with increases in investment and trade, and with real exchange rate depreciations. Political-regime changes are statistically significant predictors of growth accelerations. External shocks tend to produce growth accelerations that eventually fizzle out, while economic reform is a statistically significant predictor of growth accelerations that are sustained. However, growth accelerations tend to be highly unpredictable: the vast majority of growth accelerations are unrelated to standard determinants and most instances of economic reform do not produce growth accelerations.}, - affiliation = {Harvard University John F. Kennedy School of Government USA USA}, - issn = {1381-4338}, - issue = 4, - keyword = {Business and Economics}, - publisher = {Springer Netherlands}, - url = {http://dx.doi.org/10.1007/s10887-005-4712-0} -} - -@ARTICLE{hprGrowth, - author = {Hausmann, Ricardo, Lant Pritchett and Rodrik, Dani}, - title = {Growth Accelerations}, - journal = {Journal of Economic Growth}, - year = 2005, - volume = 10, - pages = {303--329}, - number = 4 -} - -@BOOK{hayashiEconometrics, - title = {Econometrics}, - publisher = {Princeton University Press}, - year = 2000, - author = {Hayashi, Fumio} -} - -@BOOK{hayashi:understandingsaving, - title = {Understanding Saving : Evidence from the United States and Japan}, - publisher = {The MIT Press}, - year = 1997, - author = {Hayashi, Fumio}, - address = {Cambridge, Mass} -} - -@ARTICLE{hayashi:japan, - author = {Hayashi, Fumio}, - title = {Japan's Saving Rate: New Data and Reflections,}, - journal = {NBER Working Paper No. 3205}, - year = 1989 -} - -@INCOLLECTION{hayashi:apparently, - author = {Hayashi, Fumio}, - title = {Why Is Japan's Saving Rate So Apparently High?}, - booktitle = {NBER Macroeconomics Annual, 1986}, - publisher = {NBER}, - year = 1986, - address = {Cambridge} -} - -@ARTICLE{hayashi:q, - author = {Hayashi, Fumio}, - title = {Tobin's Marginal Q and Average Q: A Neoclassical Interpretation}, - journal = {Econometrica}, - year = 1982, - volume = 50, - pages = {213--224}, - number = 1, - month = {January}, - note = {Available at { \url{http://ideas.repec.org/p/nwu/cmsems/457.html}}} -} - -@ARTICLE{Heathcote:2010tw, - author = {Heathcote, Jonathan and Perri, Fabrizio and Violante, Giovanni L.}, - title = {{Unequal we stand: An empirical analysis of economic inequality in the United States, 1967--2006}}, - journal = {Review of Economic Dynamics}, - year = 2010, - volume = 13, - pages = {15--51}, - number = 1, - date-added = {2013-04-07T22:40:16GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = {{Review_of_Economic_Dynamics_2010_Heathcote.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Heathcote/Review_of_Economic_Dynamics_2010_Heathcote.pdf:application/pdf}}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Heathcote/Review_of_Economic_Dynamics_2010_Heathcote.pdf}, - rating = 0, - read = {Yes}, - uri = {\url{papers2://publication/uuid/1A5D107A-FA11-4F35-9730-DD6C33149F12}}, - url = {http://www.sciencedirect.com/science/article/pii/S1094202509000659} -} - -@ARTICLE{heaton&lucas:hetero, - author = {Heaton, John and Lucas, Deborah J.}, - title = {The Importance of Investor Heterogeneity and Financial Market Imprefections for the Behavior of Asset Prices}, - journal = {Manuscript, Northwestern University}, - year = 1994 -} - -@ARTICLE{HeckmanNobel, - author = {Heckman, James J.}, - title = {Micro Data, Heterogeneity, and the Evaluation of Public Policy: Nobel Lecture}, - journal = {Journal of Political Economy}, - year = 2001, - volume = 109, - pages = {673--748}, - number = 4, - month = {August}, - bdsk-url-1 = {http://ideas.repec.org/a/ucp/jpolec/v109y2001i4p673-748.html}, - url = {http://ideas.repec.org/a/ucp/jpolec/v109y2001i4p673-748.html} -} - -@ARTICLE{heck93, - author = {Heckman, James J}, - title = {What Has Been Learned about Labor Supply in the Past Twenty Years?}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {116--21}, - number = 2 -} - -@ARTICLE{hec79, - author = {Heckman, James J.}, - title = {Sample Selection Bias as a Specification Error}, - journal = {Econometrica}, - year = 1979, - volume = 47, - pages = {153--161}, - number = 1 -} - -@ARTICLE{heckman:life, - author = {Heckman, James J.}, - title = {A Life-Cycle Model of Earnings, Learning, and Consumption}, - journal = {Journal of Political Economy}, - year = 1976, - volume = 84, - pages = {S11--44}, - number = {4, pt. 2} -} - -@TECHREPORT{ht03, - author = {Helbling, Thomas and Terrones, Marco}, - title = {When Bubbles Burst}, - institution = {International Monetary Fund, April}, - year = 2003, - type = {{World Economic Outlook, 61--94}} -} - -@ARTICLE{orphanides:wardemocracyjpe, - author = {Hess, Gregory D. and Orphanides, Athanasios}, - title = {War and Democracy}, - journal = {Journal of Political Economy}, - year = 2001, - volume = 109, - pages = {776--810}, - number = 4, - month = {August}, - note = {available at http://ideas.repec.org/a/ucp/jpolec/v109y2001i4p776-810.html} -} - -@ARTICLE{orphanides:warpoliticsaer, - author = {Hess, Gregory D and Orphanides, Athanasios}, - title = {War Politics: An Economic, Rational-Voter Framework}, - journal = {American Economic Review}, - year = 1995, - volume = 85, - pages = {828--46}, - number = 4, - month = {September}, - note = {available at http://ideas.repec.org/a/aea/aecrev/v85y1995i4p828-46.html} -} - -@ARTICLE{Hess/Shin:1999, - author = {Hess, Gregory D. and Shin, Kwanho}, - title = {Risk sharing by households within and across regions and industries}, - journal = {Journal of Monetary Economics}, - year = 2000, - volume = 45, - pages = {533--560} -} - -@ARTICLE{Hess/Shin:1998, - author = {Hess, Gregory D. and Shin, Kwanho}, - title = {Intranational business cycles in the United States}, - journal = {Journal of International Economics}, - year = 1998, - volume = 44, - pages = {289--313}, - keywords = {Hess/Shin: 1998} -} - -@ARTICLE{hmsHousingBubbleNo, - author = {Himmelberg, Charles and Mayer, Christopher and Sinai, Todd}, - title = {Assessing High House Prices: Bubbles, Fundamentals and Misperceptions}, - journal = {Journal of Economic Perspectives}, - year = 2005, - volume = 19, - pages = {67--92}, - number = 4 -} - -@ARTICLE{hochgurtel:bufferportfolio, - author = {Hochgurtel, Stefan}, - title = {A Buffer Stock Model with Portfolio Choice: Implications of Income Risk and Liquidity Constraints}, - journal = {Manuscript, Uppsala University}, - year = 1998 -} - -@ARTICLE{htRates, - author = {Holland, A.~Steven and Toma, Mark}, - title = {The Role of the Federal Reserve as ``Lender of Last Resort'' and the Seasonal Fluctuation of Interest Rates}, - journal = {Journal of Money, Credit and Banking}, - year = 1991, - volume = 23, - pages = {659--676}, - number = 4, - month = {November}, - note = {Stable: \url{http://www.jstor.org/stable/1992702}} -} - -@BOOK{holland:adaptation, - title = {Adaptation in Natural and Artificial Systems}, - publisher = {MIT Press}, - year = 1986, - author = {Holland, John H.}, - address = {Cambridge MA} -} - -@ARTICLE{hrj:entrep, - author = {Holtz-Eakin, Douglas and Rosen, Harvey S. and Joulfaian, David}, - title = {Entrepreneurial Decisions and Liquidity Constraints}, - journal = {RAND Journal of Economics}, - year = 1994, - pages = {334--347}, - month = {Summer} -} - -@ARTICLE{hrj:sticking, - author = {Holtz-Eakin, Douglas and Rosen, Harvey S. and Joulfaian, David}, - journal = {Journal of Political Economy}, - year = 1994, - volume = 102, - pages = {53--75}, - number = 1, - month = {February} -} - -@ARTICLE{horioka:coint, - author = {Horioka, Charles Y.}, - title = {A Cointegration Analysis of the Impact of the Age Structure of the Population on the Household Saving Rate in Japan}, - journal = {Review of Economics and Statistics}, - year = 1997, - volume = 79, - pages = {511--516}, - number = 3 -} - -@ARTICLE{horioka&watanabe:whysave, - author = {Horioka, Charles Y. and Watanabe, Wako}, - title = {Why Do People Save? A Micro-Analysis of Motives for Household Saving in Japan}, - journal = {Economic Journal}, - year = 1997, - volume = 107, - pages = {537--552}, - number = 442 -} - -@INPROCEEDINGS{horowitzBootstrap, - author = {Joel L. Horowitz}, - title = {The Bootstrap}, - booktitle = {Handbook of Econometrics}, - year = 2001, - editor = {James J. Heckman and Edward Leamer}, - volume = 5, - publisher = {Elsevier/North Holland} -} - -@UNPUBLISHED{Horrigan2011, - author = {Mike Horrigan}, - title = {Household Survey Producers Workshop Opening Remarks}, - note = {CNSTAT Panel on the Redesign of the CE, June 1-2}, - month = {June 1-2}, - year = 2011 -} - -@MISC{horriganCNSTAT, - author = {Horrigan, Michael}, - title = {Official Charge to the CNSTAT Panel on Redesign of the Consumer Expenditure Survey}, - year = 2010, - bdsk-url-1 = {http://www.bls.gov/cex/redpanl1_horrigan.pdf}, - url = {http://www.bls.gov/cex/redpanl1_horrigan.pdf} -} - -@ARTICLE{hsITC, - author = {House, Christopher L. and Shapiro, Matthew D.}, - title = {Temporary Investment Tax Inventives: Theory with Evidence from Bonus Depreciation}, - journal = {American Economic Review}, - year = 2008, - volume = 98, - pages = {737--768}, - number = 3 -} - -@INCOLLECTION{houthakker:determinants, - author = {Houthakker, Hendrik S.}, - title = {On Some Determinants of Saving in Developed and Underdeveloped Countries}, - booktitle = {Problems in Economic Development}, - publisher = {MacMillan}, - year = 1965, - editor = {Robinson, E.A.G.}, - address = {London} -} - -@ARTICLE{houthakker:international, - author = {Houthakker, Hendrik S.}, - title = {An International Comparison of Personal Saving}, - journal = {Bulletin of the International Statistical Institute}, - year = 1961, - volume = 38, - pages = {55--60} -} - -@ARTICLE{hoAdaptiveC, - author = {Howitt, Peter and {\"}Omer {\"}Ozak}, - title = {Adaptive Consumption Behavior}, - journal = {Manuscript, Department of Economics, Brown University}, - year = 2010, - month = {December}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hoAdaptiveC.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hoAdaptiveC.pdf:PDF} -} - -@ARTICLE{how01, - author = {Howrey, Philip E.}, - title = {The Predictive Power of the Index of Consumer Sentiment}, - journal = {Brookings Papers on Economic Activity}, - year = 2001, - pages = {175--216}, - number = 1 -} - -@INCOLLECTION{hoynes&mcfadden:demographics, - author = {Hoynes, Hilary W. and McFadden, Daniel L.}, - title = {The Impact of Demographics on Housing and Nonhousing Wealth in the United States}, - booktitle = {The Economic Effects of Aging in the United States and Japan}, - publisher = {University of Chicago Press for NBER}, - year = 1997, - editor = {Hurd, Michael D. and Naohiro, Yashiro}, - address = {Chicago:} -} - -@INPROCEEDINGS{Hoynes1997, - author = {Hilary W. Hoynes and Daniel L. McFadden}, - title = {The Impact of Demographics on Housing and Nonhousing Wealth in the United States}, - booktitle = {The Economic Effects of Aging in the United States and Japan}, - year = 1997, - editor = {Michael D. Hurd and Yashio Naohiro}, - address = {Chicago, IL}, - publisher = {University of Chicago Press for NBER} -} - -@ARTICLE{HryshkoRIP, - author = {Hryshko, Dmytro}, - title = {RIP to HIP: The Data Reject Heterogeneous Labor Income Profiles}, - journal = {Manuscript, University of Alberta; forthcoming, {\it Quantitative Economics}}, - year = 2010 -} - -@ARTICLE{hls:shadow, - author = {Hryshko, Dmytro and Luegno-Prado, Maria and S\/orensen, Bent}, - title = {Childhood Determinants of Risk Aversion: The Long Shadow of Compulsory Education}, - journal = {Manuscript, Northeastern University}, - year = 2006 -} - -@ARTICLE{hsieh:alaska, - author = {Hsieh, Chang-Tai}, - title = {Do Consumers React to Anticipated Income Changes? Evidence from the Alaska Permanent Fund}, - journal = {American Economic Review}, - year = 2003, - volume = 99, - pages = {397--405}, - month = {March} -} - -@ARTICLE{huPortfolioHomeowners, - author = {Hu, Xiaoqing}, - title = {Portfolio Choices for Homeowners}, - journal = {Journal of Urban Economics}, - year = 2005, - volume = 58, - pages = {114--136} -} - -@INPROCEEDINGS{hsz:importance, - author = {Hubbard, R. Glenn and Skinner, Jonathan S. and Zeldes, Stephen P.}, - title = {The Importance of Precautionary Motives for Explaining Individual and Aggregate Saving}, - booktitle = {The Carnegie-Rochester Conference Series on Public Policy}, - year = 1994, - editor = {Meltzer, Allan H. and Plosser, Charles I.}, - volume = 40, - pages = {59--126} -} - -@ARTICLE{hsz:insurance, - author = {Hubbard, R. Glenn and Skinner, Jonathan S. and Zeldes, Stephen P.}, - title = {Precautionary Saving and Social Insurance}, - journal = {Journal of Political Economy}, - year = 1995, - volume = 103, - pages = {330--399} -} - -@ARTICLE{huggett:higherW, - author = {Huggett, Mark}, - title = {Precautionary Wealth Accumulation}, - journal = {Review of Economic Studies}, - year = 2004, - volume = 71, - pages = {769--781} -} - -@ARTICLE{huggett:wealth, - author = {Huggett, Mark}, - title = {Wealth Distribution in Life Cycle Economies}, - journal = {Journal of Monetary Economics}, - year = 1996, - volume = 38, - pages = {469--494}, - number = 3 -} - -@ARTICLE{huggett:riskfree, - author = {Huggett, Mark}, - title = {The Risk-Free Rate in Heterogeneous-Agents, Incomplete Markets Economies}, - journal = {Journal of Economic Dynamics and Control}, - year = 1993, - volume = 17, - pages = {953--969} -} - -@ARTICLE{huggett&ventura:understanding, - author = {Huggett, Mark and Ventura, Gustavo}, - title = {Understanding Why High Income Households Save More Than Low Income Households}, - journal = {Journal of Monetary Economics}, - year = 2000, - volume = 45, - number = 2, - month = {April} -} - -@ARTICLE{hun02, - author = {Hunt, Jennifer}, - title = {The Transition in {E}ast {G}ermany: When Is a Ten-Point Fall in the Gender Wage Gap Bad News?}, - journal = {Journal of Labor Economics}, - year = 2002, - volume = 20, - pages = {148--169}, - number = 1 -} - -@INCOLLECTION{hrCEvsCAMS, - author = {Hurd, Michael and Susann Rohwedder}, - title = {Measuring Total Household Spending in a Monthly Internet Survey: Evidence from the American Life Panel}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2013, - address = {Chicago}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrCEvsCAMS.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrCEvsCAMS.pdf:PDF} -} - -@INCOLLECTION{hrLifeCycleCAMS, - author = {Hurd, Michael and Susann Rohwedder}, - title = {Wealth Dynamics and Active Saving at Older Ages}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {CRIW, University of Chicago Press}, - year = 2013, - address = {Chicago}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrLifeCycleCAMS/Hurd-Rohwedder-with-dynamics-V4.doc:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrLifeCycleCAMS/Hurd-Rohwedder-with-dynamics-V4.doc:DOC} -} - -@ARTICLE{hurd:bequests, - author = {Hurd, Michael D.}, - title = {Savings and Bequests}, - journal = {NBER Working Paper No. 1708}, - year = 1986 -} - -@INCOLLECTION{hrHighFreq, - author = {Hurd, Michael D. and Susann Rohwedder}, - title = {High-frequency Data on Total Household Spending: Evidence from Monthly ALP Surveys}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\\ \url{http://www.nber.org/confer/2011/CRIWf11/hurd_CRIW.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrHighFreq.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrHighFreq.pdf:PDF}, - url = {http://www.nber.org/confer/2011/CRIWf11/hurd_CRIW.pdf} -} - -@ARTICLE{hlkt:precautionary, - author = {Hurst, Erik and Kennickell, Arthur and Lusardi, Annamaria and Torralba, Francisco}, - title = {Precautionary Savings and the Importance of Business Owners}, - year = 2005, - number = 11731, - month = Nov, - note = {available at http://ideas.repec.org/p/nbr/nberwo/11731.html}, - institution = {National Bureau of Economic Research, Inc}, - type = {NBER Working Papers} -} - -@ARTICLE{hurstLusardiJPE, - author = {Hurst, Erik and Lusardi, Annamaria}, - title = {Liquidity Constraints, Household Wealth, and Entrepreneurship}, - journal = {Journal of Political Economy}, - year = 2004, - volume = 112, - pages = {319--347}, - number = 2, - note = {available at http://ideas.repec.org/a/ucp/jpolec/v112y2004i2p319-347.html} -} - -@TECHREPORT{iacovielloNeriHousing, - author = {Iacoviello, Matteo and Neri, Stefano}, - title = {Housing Market Spillovers: Evidence from an Estimated DSGE Model}, - institution = {Boston College}, - year = 2007, - type = {mimeo} -} - -@ARTICLE{ipsUnitHetero, - author = {Im, Kyung So and Pesaran, M. Hashem and Shin, Yongcheol}, - title = {Testing for Unit Roots in Heterogeneous Panels}, - journal = {Journal of Econometrics}, - year = 2003, - volume = 115, - pages = {53--74} -} - -@INBOOK{IMFweo2012, - chapter = 3, - title = {World Economic Outlook, 2012}, - publisher = {International Monetary Fund}, - year = 2012, - author = {{International Monetary Fund}}, - month = {April}, - note = {Available at \url{http://www.imf.org/external/pubs/ft/weo/2012/01/pdf/text.pdf}}, - file = {IMFweo2012.pdf:IMFweo2012.pdf:PDF}, - url = {\url{http://www.imf.org/external/pubs/ft/weo/2012/01/pdf/text.pdf}} -} - -@TECHREPORT{imf06, - author = {{International Monetary Fund}}, - title = {Japan: Report on the Observance of Standards and Codes---Data Module, Response by the Authorities, and Detailed Assessments Using the Data Quality Assessment Framework (DQAF)}, - institution = {International Monetary Fund}, - year = 2006, - type = {IMF Country Report}, - number = {06/115}, - note = {March} -} - -@ARTICLE{irelandTaking, - author = {Ireland, Peter N.}, - title = {A Method for Taking Models to the Data}, - journal = {Journal of Economic Dynamics and Control}, - year = 2004, - volume = 28, - pages = {1205--1226} -} - -@BOOK{irigoen:solutions, - title = {Solutions Manual for Recursive Methods in Economic Dynamics}, - publisher = {Harvard University Press}, - year = 2002, - author = {Irigoyen, Claudio and Rossi-Hansberg, Esteban and Wright, Mark L. J.} -} - -@TECHREPORT{ikk05, - author = {Ivanova, Anna and Keen, Michael and Klemm, Alexander}, - title = {The Russian Flat Tax Reform}, - institution = {International Monetary Fund, Washington, DC}, - year = 2005, - type = {working paper}, - number = 15 -} - -@ARTICLE{ivd:monetarypolicy, - author = {Ivo, Arnold and Els, Peter Van and de Haan, Jakob}, - title = {Wealth Effects and Monetary Policy}, - journal = {De Nederlandsche Bank Research Memorandum 719}, - year = 2002 -} - -@BOOK{Jacobs:1969, - title = {The Economy of Cities}, - publisher = {New York: Vintage}, - year = 1969, - author = {Jacobs, Jane} -} - -@ARTICLE{Jagannathan:Kubota:Takehara:1998, - author = {Jagannathan, Ravi and Kubota, Keiichi and Takehara, Hitoshi}, - title = {Relationship between Labor-Income Risk and Average Return: Empirical Evidence from the Japanese Stock Market}, - journal = {Journal of Business}, - year = 1998, - volume = 71, - pages = {319--47}, - number = 3, - month = {July} -} - -@INCOLLECTION{jaher:gilded, - author = {Jaher, Frederic Cople}, - title = {The Gilded Elite: American Multimillionaires, 1865 to the Present}, - booktitle = {Wealth and the Wealthy in the Modern World}, - publisher = {Croon Helm}, - year = 1980, - editor = {Rubinstein, W.~D.~}, - address = {London} -} - -@TECHREPORT{jahoda04, - author = {Jahoda, Robert}, - title = {Interaction of the Social and Tax Systems and Work Incentives ({I}nterakce socialniho a danoveho systemu a pracovni pobidky)}, - institution = {VUPSV Praha}, - year = 2004, - type = {Working Paper}, - note = {In Czech} -} - -@ARTICLE{jappelli:whoisconstr, - author = {Jappelli, Tullio}, - title = {Who is Credit Constrained in the U.S. Economy?}, - journal = {Quarterly Journal of Economics}, - year = 1990, - volume = 105, - pages = {219--34}, - number = 1 -} - -@article{jappelliPistaferri_FPMPC, - author = {Jappelli, Tullio and Pistaferri, Luigi}, - title = {Fiscal Policy and MPC Heterogeneity}, - journal = {AEJ: Marcoeconomics}, - volume = 6, - number = 4, - pages = {107--36}, - year = 2014, -} - -@article{JRreserves, - title = {The Optimal Level of Reserves for Emerging Market Countries: Formulas and Applications}, - author = {Olivier Jeanne and Romain Ranci\`{e}re}, - journal = {Economic Journal}, - volume = 121, - number = 555, - pages = {905-930}, - year = 2011 -} - -@ARTICLE{JRreserves-CEPRWP, - author = {Jeanne, Olivier and Ranci\`ere, Romain}, - title = {The Optimal Level of Reserves for Emerging Market Countries: a New Formula and Some Applications}, - journal = {CEPR Discussion Paper}, - year = 2008, - number = 6723 -} - -@MISC{jeffersonOLG, - author = {Jefferson, Thomas}, - title = {`The Earth Belongs to the Living': A Letter to James Madison}, - howpublished = {\url{http://infomotions.com/etexts/literature/american/1700-1799/jefferson-letters-256.htm}}, - month = {September}, - year = 1789, - address = {Paris}, - day = 6 -} - -@ARTICLE{jensen&shore, - author = {Jensen, Shane T. and Shore, Stephen H.}, - title = {Changes in the Distribution of Income Volatility}, - journal = {Manuscript}, - year = 2008 -} - -@comment{Jermann1998Old} -@comment{jermann:assetpricing} -@comment{jermann:assetPricing} - -@ARTICLE{jermannProduction, - author = {Jermann, Urban J.}, - title = {Asset Pricing in Production Economies}, - journal = {Journal of Monetary Economics}, - year = 1998, - volume = 42, - pages = {257--75}, - number = 2, - month = {April} -} - -@INCOLLECTION{johnson&eller:inhtax, - author = {Johnson, Barry and Eller, Marthat Britton}, - title = {Federal Taxation of Inheritance and Wealth Transfers}, - booktitle = {Turing Administrative Systems into Information Systems 1996-1997}, - publisher = {Internal Revenue Service}, - year = 1998, - address = {Washington, DC} -} - -@ARTICLE{jpsTax, - author = {Johnson, David S. and Parker, Jonathan A. and Souleles, Nicholas S.}, - title = {Household Expenditure and the Income Tax Rebates of 2001}, - journal = {American Economic Review}, - year = 2006, - volume = 96, - pages = {1589--1610}, - number = 5, - month = {December}, - bdsk-url-1 = {http://ideas.repec.org/a/aea/aecrev/v96y2006i5p1589-1610.html}, - url = {http://ideas.repec.org/a/aea/aecrev/v96y2006i5p1589-1610.html} -} - -@ARTICLE{jdMetrics, - author = {Johnston, J. and DiNardo, J.}, - title = {Econometric Methods}, - journal = {Econometric Theory}, - year = 2000, - volume = 16, - pages = {139--142} -} - -@ARTICLE{jol02, - author = {Jolliffe, Dean}, - title = {The Gender Wage Gap in {B}ulgaria: A Semiparametric Estimation of Discrimination}, - journal = {Journal of Comparative Economics}, - year = 2002, - volume = 30, - pages = {276--295}, - number = 2 -} - -@ARTICLE{jmr:opttax, - author = {{Jones, L.~E., Rodolfo E.~Manuelli} and {P.~E.~Rossi}}, - title = {Optimal Taxation in Models of Endogenous Growth}, - journal = {Journal of Political Economy}, - year = 1993, - volume = 101, - pages = {485--517}, - number = 3 -} - -@ARTICLE{joulfaian:estatetax, - author = {Joulfaian, David}, - title = {The Federal Estate and Gift Tax: Description, Profile of Taxpayers, and Economic Consequences}, - journal = {Department of the Treasury, Office of Tax Analysis, OTA Paper 80}, - year = 1998 -} - -@ARTICLE{jedc_ksVolume, - author = {{Journal of Economic Dynamics and Control}}, - title = {Computational Suite of Models with Heterogeneous Agents: Incomplete Markets and Aggregate Uncertainty}, - journal = {edited by Wouter J. Den Haan, Kenneth L. Judd, Michel Juillard}, - year = 2010, - volume = 34, - pages = {1--100}, - number = 1 -} - -@ARTICLE{jwHousing, - author = {G. Donald Jud and Daniel T. Winkler}, - title = {The Dynamics of Metropolitan Housing Prices}, - journal = {Journal of Real Estate Research}, - year = 2002, - volume = 23, - pages = {29--45} -} - -@BOOK{judd:book, - title = {Numerical Methods in Economics}, - publisher = {The MIT Press}, - year = 1998, - author = {Judd, Kenneth L.}, - address = {Cambridge, Massachusetts} -} - -@MISC{judd:stoch, - author = {Judd, Kenneth L.}, - title = {Optimal Taxation in Dynamic Stochastic Economies: Theory and Evidence}, - howpublished = {Working Paper}, - year = 1990 -} - -@ARTICLE{jur05, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n}, - title = {Gender Segregation and Wage Gap: An {E}ast--{W}est Comparison}, - journal = {Journal of the European Economic Association}, - year = 2005, - volume = 3, - pages = {598--607}, - number = {2--3} -} - -@ARTICLE{jur03, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n}, - title = {Gender Wage Gap and Segregation in Enterprises and the Public Sector in Late Transition Countries}, - journal = {Journal of Comparative Economics}, - year = 2003, - volume = 31, - pages = {199--222}, - number = 2 -} - -@ARTICLE{jh07, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n and Harmgart, Heike}, - title = {When Do Female Occupations Pay More?}, - journal = {Journal of Comparative Economics}, - year = 2007, - volume = 35, - pages = {170--187}, - number = 1 -} - -@TECHREPORT{jz05, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n and {Zubrick{\'}y}, Jozef}, - title = {Employment Incentives in the {C}zech {R}epublic: Comparing Current and Proposed Social Support Systems}, - institution = {CERGE--EI}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{jlss:wealtheffect, - author = {Juster, F. Thomas and Lupton, Joseph and Smith, James P. and Stafford, Frank}, - title = {The Decline in Household Saving and Wealth Effect}, - journal = {Mimeo, University of Michigan}, - year = 2001 -} - -@TECHREPORT{Juster2001, - author = {F. Thomas Juster and Joseph Lupton and James P. Smith and Frank Stafford}, - title = {The Decline in Household Saving and Wealth Effect}, - institution = {University of Michigan}, - year = 2001, - type = {mimeo} -} - -@ARTICLE{juststaff91, - author = {Juster, Thomas F and Stafford, Frank P}, - title = {The Allocation of Time: Empirical Findings, Behavioral Models, and Problems of Measurement}, - journal = {Journal of Economic Literature}, - year = 1991, - volume = 29, - pages = {471--522}, - number = 2 -} - -@BOOK{kahnemanThinking, - title = {Thinking, Fast and Slow}, - publisher = {Farrar, Straus and Giroux}, - year = 2011, - author = {Kahneman, D.}, - note = {\url{http://books.google.com/books?id=SHvzzuCnuv8C}}, - isbn = 9780374275631, - lccn = 2011027143, - url = {http://books.google.com/books?id=SHvzzuCnuv8C} -} - -@ARTICLE{kws:bentham, - author = {Kahneman, Danny and Wakker, Peter P. and Sarin, Rakesh}, - title = {Back to Bentham? Explorations of Experienced Utility}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = 112, - pages = {375--406} -} - -@ARTICLE{kcFourthDimension, - author = {Kalton, G. and Citro, C.F.}, - title = {Panel surveys: adding the fourth dimension}, - journal = {Innovation: The European Journal of Social Science Research}, - year = 1995, - volume = 8, - pages = {25--39}, - number = 1, - publisher = {Taylor and Francis} -} - -@ARTICLE{krBoE, - author = {Kamath, Kishore and Kate Reinhold}, - title = {The Financial Position of British Households: Evidence from the 2011 NMG Consulting Survey}, - journal = {Bank of England Quarterly Bulletin}, - year = 2011, - month = {Q4} -} - -@ARTICLE{kwb:dynamics, - author = {Kapteyn, Arie and Wansbeek, Tom J. and Buyze, J.}, - title = {The Dynamics of Preference Formation}, - journal = {Journal of Economic Behavior and Organization}, - year = 1980, - volume = 1, - pages = {123--157} -} - -@ARTICLE{Karahan:2012gm, - author = {Karahan, Fatih and Ozkan, Serdar}, - title = {{On the persistence of income shocks over the life cycle: Evidence, theory, and implications}}, - journal = {Review of Economic Dynamics}, - year = 2012, - pages = {1--25}, - month = aug, - abstract = {Review of Economic Dynamics, 10.1016/j.red.2012.08.001}, - date-added = {2013-04-07T22:40:13GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - doi = {10.1016/j.red.2012.08.001}, - file = {{Review_of_Economic_Dynamics_2012_Karahan.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Karahan/Review_of_Economic_Dynamics_2012_Karahan.pdf:application/pdf}}, - keywords = {Idiosyncratic earnings risk, Incomplete markets models, Earnings persistence, Consumption insurance}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Karahan/Review_of_Economic_Dynamics_2012_Karahan.pdf}, - rating = 0, - uri = {\url{papers2://publication/doi/10.1016/j.red.2012.08.001}}, - url = {http://dx.doi.org/10.1016/j.red.2012.08.001} -} - -@ARTICLE{ksw:liabs, - author = {Kasten, Richard and Sammartino, Frank and Weiner, David}, - title = {Estimates of Federal Tax Liabilities for Individuals and Families By Income Category and Family Type for 1995 and 1999}, - journal = {Congressional Budget Office, Report to the House and Senate Budget Committees and the House Ways and Means Committee}, - year = 1998, - note = {Avilable at http://www.cbo.gov/showdoc.cfm?index=527\&sequence=0\&from=1 as of May 23, 2000} -} - -@ARTICLE{kazarosian:restat, - author = {Kazarosian, Mark}, - title = {Precautionary Savings -- A Panel Study}, - journal = {Review of Economics and Statistics}, - year = 1997, - volume = 79, - pages = {241--247}, - number = 2 -} - -@TECHREPORT{keen05, - author = {Keen, Benjamin D.}, - title = {Sticky Price and Sticky Information Price Setting Models: What is the Difference?}, - institution = {University of Oklahoma}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{KennickellLusardiDisentangling, - author = {Kennickell, Arthur and Lusardi, Annamaria}, - title = {Disentangling the Importance of the Precautionary Saving Motive}, - journal = {Working Paper, Dartmouth College}, - year = 2005, - month = {December} -} - -@TECHREPORT{kennickellCurrents, - author = {Kennickell, Arthur B.}, - title = {Currents and Undercurrents: Changes in the Distribution of Wealth, 1989-2004}, - institution = {Federal Reserve Board}, - year = 2006, - address = {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2001.10.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2001.10.pdf}}, - month = {June} -} - -@TECHREPORT{Kennickell:1998, - author = {Kennickell, Arthur B.}, - title = {List Sample Design for 1998 Survey of Consumer Finances}, - institution = {Federal Reserve Board}, - year = 2006, - address = {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/listsample.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/listsample.pdf}} -} - -@TECHREPORT{KennickellB:2006, - author = {Kennickell, Arthur B.}, - title = {How Do We Know If We Aren't Looking? An Investigation Of Data Quality in the 2004 SCF}, - institution = {Federal Reserve Board}, - year = 2006, - address = {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/asa2006.3.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/asa2006.3.pdf}}, - month = {September} -} - -@TECHREPORT{Kennickell:2003, - author = {Kennickell, Arthur B.}, - title = {A Rolling Tide: Changes in the Distribution of Wealth in the U.S., 1989-2001}, - institution = {Federal Reserve Board}, - year = 2003, - address = {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2004.5.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2004.5.pdf}} -} - -@ARTICLE{kennickell:wealth, - author = {Kennickell, Arthur B.}, - title = {An Examination of Changes in the Distribution of Wealth From 1989 to 1998: Evidence from the Survey of Consumer Finances}, - journal = {Manuscript Prepared for Conference on Saving, Intergenerational Transfers, and the Distribution of Wealth, Bard College, June 7-9, 2000}, - year = 2000 -} - -@TECHREPORT{Kennickell:1999, - author = {Kennickell, Arthur B.}, - title = {Revisions to the SCF Weighting Methodology: Accounting for Race/Ethnicity and Homeownership}, - institution = {Federal Reserve Board}, - year = 1999, - address = {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/weight.revision.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/weight.revision.pdf}} -} - -@ARTICLE{kennickell&lusardi:scfquestions, - author = {Kennickell, Arthur B. and Lusardi, Annamaria}, - title = {Assessing the Importance of the Precautionary Saving Motive: Evidence from the 1995 SCF}, - journal = {Manuscript, Board of Governors of the Federal Reserve System}, - year = 1999 -} - -@ARTICLE{scf:focusgroup, - author = {{Kennickell, Arthur B.}, {Martha Starr-McCluer} and {Annika Sunden}}, - title = {Saving and Financial Planning: Some Findings from a Focus Group}, - journal = {Manuscript, Board of Governors of the Federal Reserve System}, - year = 1995 -} - -@ARTICLE{kermack&mckendrick:disease, - author = {Kermack, W. O. and McKendrick, A. G.}, - title = {Contributions to the Mathematical Theory of Epidemics}, - journal = {Proceedings of the Royal Academy of Sciences A}, - year = 1927, - volume = 115, - pages = {700--721} -} - -@BOOK{keynes:generaltheory, - title = {The General Theory of Employment, Interest, and Money}, - publisher = {Harcourt, Brace}, - year = 1936, - author = {Keynes, John Maynard} -} - -@ARTICLE{wealthLit, - author = {Khalifa, Sherif}, - title = {Brief Summaries of Principal Papers on Housing Wealth Effects}, - journal = {Manuscript, Johns Hopkins University}, - year = 2004, - month = {January}, - note = {Available at { \url{https://www.econ2.jhu.edu/people/ccarroll/wealthLit.html}}}, - howpublished = {url} -} - -@ARTICLE{kz06, - author = {Hashmat Khan and Zhenhua Zhu}, - title = {Estimates of the Sticky-Information Phillips Curve for the United States}, - journal = {Journal of Money, Credit and Banking}, - year = 2006, - volume = 38, - pages = {195--207}, - number = 1 -} - -@TECHREPORT{kz02, - author = {Hashmat Khan and Z. Zhu}, - title = {Estimates of the Sticky Information Phillips Curve for the United States, Canada, and the United Kingdom}, - institution = {Bank of Canada}, - year = 2002, - type = {working paper}, - volume = 19 -} - -@ARTICLE{khwajaMianTracing, - author = {Khwaja, Asim Ijaz and Mian, Atif}, - title = {Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market}, - journal = {Manuscript, Kennedy School of Government, Harvard University}, - year = 2008 -} - -@TECHREPORT{kiley05, - author = {Michael T. Kiley}, - title = {A Quantitative Comparison of Sticky-Price and Sticky-Information Models of Price Setting}, - institution = {Federal Reserve Board}, - year = 2005, - type = {mimeo} -} - -@BOOK{killingsworth83, - title = {Labor supply}, - publisher = {Cambridge: Cambridge University Press}, - year = 1983, - author = {Killingsworth, Mark R.} -} - -@ARTICLE{kim, - author = {Kim, Jinill and Kim, Sunghyun Henry and Kollmann, Robert}, - title = {Solving the Incomplete Market Model with Aggregate Uncertainty Using a Perturbation Method}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {50--58}, - number = 1, - month = {January} -} - -@ARTICLE{kimball:standardra, - author = {Kimball, Miles S.}, - title = {Standard Risk Aversion}, - journal = {Econometrica}, - year = 1993, - volume = 61, - pages = {589--611}, - number = 3, - month = may -} - -@ARTICLE{kimball:mpc, - author = {Kimball, Miles S.}, - title = {Precautionary Saving and the Marginal Propensity to Consume}, - journal = {NBER Working Paper Number 3403}, - year = 1990 -} - -@ARTICLE{kimball:smallandlarge, - author = {Kimball, Miles S.}, - title = {Precautionary Saving in the Small and in the Large}, - journal = {Econometrica}, - year = 1990, - volume = 58, - pages = {53--73} -} - -@ARTICLE{kimball&mankiw:timing, - author = {Kimball, Miles S and Mankiw, N Gregory}, - title = {Precautionary Saving and the Timing of Taxes}, - journal = {Journal of Political Economy}, - year = 1989, - volume = 97, - pages = {863--79}, - number = 4, - month = {August}, - bdsk-url-1 = {http://ideas.repec.org/a/ucp/jpolec/v97y1989i4p863-79.html}, - url = {http://ideas.repec.org/a/ucp/jpolec/v97y1989i4p863-79.html} -} - -@ARTICLE{kssImputing, - author = {Kimball, Miles S. and Sahm, Claudia R. and Shapiro, Matthew D.}, - title = {Imputing Risk Tolerance from Survey Responses}, - journal = {Journal of the American Statistical Association}, - year = 2008, - volume = 103, - pages = {1028--1038}, - number = 483, - note = {\url{http://pubs.amstat.org/doi/pdf/10.1198/016214508000000139}}, - abstract = {Economic theory assigns a central role to risk preferences. This article develops a measure of relative risk tolerance using responses tohypothetical income gambles in the Health and Retirement Study. In contrast to most survey measures that produce an ordinal metric, thisarticle shows how to construct a cardinal proxy for the risk tolerance of each survey respondent. The article also shows how to accountfor measurement error in estimating this proxy and how to obtain consistent regression estimates despite the measurement error. The risktolerance proxy is shown to explain differences in asset allocation across households.}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kssImputing.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kssImputing.pdf:PDF}, - publisher = {ASA}, - url = {http://pubs.amstat.org/doi/pdf/10.1198/016214508000000139} -} - -@ARTICLE{KimballWeil:Poss, - author = {Kimball, Miles S. and Weil, Philippe}, - title = {Precautoinary Saving and Consumption Smoothing Across Time and Possibilities}, - journal = {Manuscript, University of Michigan}, - year = 2004, - month = {September} -} - -@BOOK{kindleberger, - title = {Manias, Panics, and Crashes: A History of Financial Crises}, - publisher = {Wiley}, - year = 2005, - author = {Kindleberger, Charles P.}, - note = {5th Edition} -} - -@ARTICLE{king&leape:ageinfo, - author = {King, Mervyn and Leape, Jonathan}, - title = {Asset Accumulation, Information, and the Life Cycle}, - journal = {NBER Working Paper No. 2392}, - year = 1984 -} - -@INPROCEEDINGS{klCapital, - author = {King, Robert G. and Levine, Ross}, - title = {Capital Fundamentalism, Economic Development, and Economic Growth}, - booktitle = {Carnegie-Rochester Conference Series on Public Policy}, - year = 1994, - volume = 40, - pages = {259--292}, - organization = {Elsevier} -} - -@ARTICLE{kpr:prodn, - author = {King, Robert G. and Plosser, Charles I. and Rebelo, Sergio T.}, - title = {Production, Growth, and Business Cycles, {I}: The Basic Neoclassical Model and {II}: New Directions}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 21, - pages = {195--232 and309--341}, - number = {2/3} -} - -@ARTICLE{king&rebelo:trans, - author = {King, Robert G. and Rebelo, Sergio T.}, - title = {Transitional Dynamics and Economic Growth in the Neoclassical Model}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {908--931}, - number = 4, - note = {Available at { \url{http://ideas.repec.org/a/aea/aecrev/v83y1993i4p908-31.html}}} -} - -@ARTICLE{king&levine:crcs, - author = {{King, Robert G.} and {Levine, Ross E.}}, - title = {Capital Fundamentalism}, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = 1994, - volume = 40, - month = {June} -} - -@ARTICLE{king&rebelo:neo, - author = {{King, Robert G.} and {Sergio T. Rebelo}}, - title = {Public Policy and Economic Growth: Developing the Neoclassical Implications}, - journal = {Journal of Political Economy}, - year = 1990, - volume = 98, - pages = {S126--S150}, - number = {5, pt 2} -} - -@ARTICLE{kirman1992whom, - author = {Kirman, Alan P.}, - title = {{Whom or What Does the Representative Individual Represent?}}, - journal = {The Journal of Economic Perspectives}, - year = 1992, - volume = 6, - pages = {117--136}, - number = 2, - publisher = {JSTOR} -} - -@ARTICLE{klenow&r-c:toofar, - author = {Klenow, Peter J. and Rodr{\'}{i}guez-Clare, Andr{\'}{e}s}, - title = {The Neoclassical Revival in Growth Economics: Has It Gone Too Far?}, - journal = {NBER Macroeconomics Annual, 1997}, - year = 1997, - pages = {73--103} -} - -@ARTICLE{kocherlakota:stillapuzzle, - author = {Kocherlakota, Narayana}, - title = {The Equity Premium: It's Still a Puzzle}, - journal = {Journal of Economic Literature}, - year = 1996, - volume = {XXXIV}, - number = 1, - month = {March} -} - -@INCOLLECTION{knvSurveyVsAdminSweden, - author = {Koijen, Ralph and Stijn van Nieuwerburgh and Roine Vestman}, - title = {Judging the Quality of Survey Data by Comparison with ``Truth'' as Measured By Administrative Records: Evidence from Sweden}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2013, - address = {Chicago}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvSurveyVsAdminSweden.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvSurveyVsAdminSweden.pdf:PDF} -} - -@INCOLLECTION{knvAdminSurveySweden, - author = {Koijen, Ralph and Stijn Van Nieuwerburgh and Roine Vestman}, - title = {Judging the Quality of Survey Data by Comparison with ``Truth'' as Measured By Administrative Records: Evidence from Sweden}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\\ \url{http://nber.org/confer/2011/CRIWf11/Koijen_Van_Nieuwerburgh_Vestman.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvAdminSurveySweden.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvAdminSurveySweden.pdf:PDF}, - url = {http://www.nber.org/confer/2011/CRIWf11/Koijen_Van_Nieuwerburgh_Vestman.pdf} -} - -@INCOLLECTION{knvTruth, - author = {Koijen, Ralph and S. Van Nieuwerburgh and Roine Vestman}, - title = {Judging the Quality of Survey Data by Comparison with Truth as Measured By Administrative Records: Evidence from Sweden}, - booktitle = {Forthcoming in {\it Improving the Measurement of Household Expenditures}}, - publisher = {Chicago: University of Chicago Press}, - year = 2013, - editors = {Christopher Carroll, Thomas Crossley, and John Sabelhaus} -} - -@INCOLLECTION{koopmans:growth, - author = {Koopmans, Tjalling C.}, - title = {On the concept of optimal economic growth}, - booktitle = {(Study Week on the) Econometric Approach to Development Planning}, - publisher = {North-Holland Publishing Co., Amsterdam}, - year = 1965, - chapter = 4, - pages = {225--87} -} - -@ARTICLE{kssInequalitySince1937, - author = {Kopczuk, Wojciech and Emmanuel Saez and Jae Song}, - title = {Earnings Inequality and Mobility in the United States: Evidence from Social Security Data since 1937*}, - journal = {Quarterly Journal of Economics}, - year = 2010, - volume = 125, - pages = {91--128}, - number = 1, - publisher = {MIT Press} -} - -@ARTICLE{kopecky2010finite, - author = {Kopecky, Karen A. and Suen, Richard M.H.}, - title = {Finite State Markov-Chain Approximations To Highly Persistent Processes}, - journal = {Review of Economic Dynamics}, - year = 2010, - volume = 13, - pages = {701--714}, - number = 3, - note = {\url{http://www.karenkopecky.net/RouwenhorstPaper.pdf}}, - bdsk-url-1 = {http://www.karenkopecky.net/RouwenhorstPaper.pdf}, - publisher = {Elsevier}, - url = {http://www.karenkopecky.net/RouwenhorstPaper.pdf} -} - -@TECHREPORT{kor05, - author = {Korenok, Oleg}, - title = {Empirical Comparison of Sticky Price and Sticky Information Models}, - institution = {Virginia Commonwealth University}, - year = 2005, - type = {mimeo} -} - -@BOOK{kotlikoff&smith:pensions, - title = {Pensions in the American Economy}, - publisher = {University of Chicago Press}, - year = 1983, - author = {Kotlikoff, Laurence J. and Smith, Daniel E.} -} - -@ARTICLE{kotlikoff&summers:wealth, - author = {Kotlikoff, Laurence J. and Summers, Lawrence H.}, - title = {The Role of Intergenerational Transfers in Aggregate Capital Accumulation}, - journal = {Journal of Public Economics}, - year = 1981, - volume = 89, - pages = {706--32}, - number = 4 -} - -@TECHREPORT{ko05, - author = {Krajcir, Zdenko and Ludovit, Odor}, - title = {First Year of the Tax Reform, or 19 Percent at Work (Prvy rok danovej reformy alebo 19\%\ v akcii)}, - institution = {Institut financnej politiky, Ministerstvo financii SR, Bratislava}, - year = 2005, - type = {working paper}, - number = 8, - note = {in Slovak} -} - -@ARTICLE{krebs:qje, - author = {Krebs, Tom}, - title = {Human Capital Risk And Economic Growth}, - journal = {The Quarterly Journal of Economics}, - year = 2003, - volume = 118, - pages = {709--744}, - number = 2, - month = {May}, - note = {available at http://ideas.repec.org/a/tpr/qjecon/v118y2003i2p709-744.html} -} - -@ARTICLE{krebs:red, - author = {Krebs, Tom}, - title = {Growth and Welfare Effects of Business Cycles in Economies with Idiosyncratic Human Capital Risk}, - journal = {Review of Economic Dynamics}, - year = 2003, - volume = 6, - pages = {846--868}, - number = 4, - month = {October}, - note = {available at http://ideas.repec.org/a/red/issued/v6y2002i2p846-868.html} -} - -@ARTICLE{krebs:jmathe, - author = {Krebs, Tom}, - title = {Endogenous probabilities and the information revealed by prices}, - journal = {Journal of Mathematical Economics}, - year = 2001, - volume = 36, - pages = {1--18}, - number = 1, - month = 9, - note = {available at http://ideas.repec.org/a/eee/mateco/v36y2001i1p1-18.html} -} - -@ARTICLE{krebs:econlett, - author = {Krebs, Tom}, - title = {Information and asset prices in complete markets exchange economies}, - journal = {Economics Letters}, - year = 1999, - volume = 65, - pages = {75--83}, - number = 1, - month = 10, - note = {available at http://ideas.repec.org/a/eee/ecolet/v65y1999i1p75-83.html} -} - -@ARTICLE{krebs:jet, - author = {Krebs, Tom}, - title = {Statistical Equilibrium in One-Step Forward Looking Economic Models}, - journal = {Journal of Economic Theory}, - year = 1997, - volume = 73, - pages = {365--394}, - number = 2, - month = 4, - note = {available at http://ideas.repec.org/a/eee/jetheo/v73y1997i2p365-394.html} -} - -@ARTICLE{Maloney:2007vd, - author = {Tom Krebs and Pravin Krishna and William Maloney}, - title = {Human Capital, Trade Liberalization, and Income Risk}, - journal = {Research Working papers}, - year = 2007, - abstract = {Abstract: Using data from Mexico, the authors study empirically the link between trade policy and individual income risk and the extent to which this varies across workers of different human capital (education) levels. They use longitudinal income data on workers to ...}, - date-added = {2013-04-07T22:40:17GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = {{2007_Maloney.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2007/Maloney/2007_Maloney.pdf:application/pdf}}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2007/Maloney/2007_Maloney.pdf}, - rating = 0, - uri = {\url{papers2://publication/uuid/108309CC-3CD5-4F25-A62F-BF62FF0D7B50}}, - url = {http://www.ingentaconnect.com/content/wb/wps4301/2007/00000001/00000001/art04276} -} - -@TECHREPORT{leth-petersen:liquidity, - author = {Claus Thustrup Kreiner and David Dreyer Lassen and {S\o ren} Leth-Petersen}, - title = {Heterogeneous Responses and Aggregate Impact of the 2001 Income Tax Rebates}, - institution = {CEPR}, - year = 2012, - type = {discussion paper}, - number = 9161 -} - -@INCOLLECTION{kllSurveyVsAdminDenmark, - author = {Kreiner, Claus Thustrup and David Dreyer Lassen and S{\o}ren Leth-Petersen}, - title = {Examples of Combining Administrative Records and Survey Data in Validation Studies}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\url{http://www.nber.org/confer/2011/CRIWf11/Leth-Petersen.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kllSurveyVsAdminDenmark.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kllSurveyVsAdminDenmark.pdf:PDF}, - url = {http://www.nber.org/confer/2011/CRIWf11/Leth-Petersen.pdf} -} - -@ARTICLE{kreinin:mpc, - author = {Kreinin, Mordecai E.}, - title = {Windfall Income and Consumption: Additional Evidence}, - journal = {American Economic Review}, - year = 1961, - volume = 51, - pages = {388--390} -} - -@ARTICLE{kremer:unionsasdisease, - author = {Kremer, Michael}, - title = {An Epidemiological Model of Unions}, - journal = {Manuscript, Harvard University}, - year = 2000 -} - -@ARTICLE{KrepsPorteus:Prefs, - author = {Kreps, David M. and Porteus, Evan L.}, - title = {Temporal Resolution of Uncertainty and Dynamic Choice Theory}, - journal = {Econometrica}, - year = 1978, - volume = 46, - pages = {185--200}, - month = {January} -} - -@ARTICLE{kpInequality, - author = {Krueger, Dirk and Perri, Fabrizio}, - title = {Does Income Inequality Lead to Consumption Inequality? Evidence and Theory}, - journal = {The Review of Economic Studies}, - year = 2006, - volume = 73, - pages = {163--193}, - number = 1, - publisher = {Oxford University Press} -} - -@Misc{krugmanHistory, - Title = {Economics in the Crisis}, - Author = {Krugman, Paul}, - HowPublished = {Commencement Address, University of Lisbon}, - Month = {March}, - Note = {\url{http://krugman.blogs.nytimes.com/2012/03/05/economics-in-the-crisis/}}, - Year = 2012, - file = {krugmanHistory.pdf:krugmanHistory.pdf:PDF}, - Owner = {Nic Johnson}, - Url = {http://krugman.blogs.nytimes.com/2012/03/05/economics-in-the-crisis/} -} - -@ARTICLE{krugmanPostmodern, - author = {Krugman, Paul}, - title = {Postmodern Business Cycles}, - journal = {New York Times}, - year = 2012, - month = {January}, - note = {\url{http://krugman.blogs.nytimes.com/2012/01/27/postmodern-business-cycles/}}, - url = {http://krugman.blogs.nytimes.com/2012/01/27/postmodern-business-cycles/} -} - -@MISC{krugmanDarkAgeBlog, - author = {Krugman, Paul}, - title = {A Dark Age of Macroeconomics}, - howpublished = {\url{http://krugman.blogs.nytimes.com/2009/01/27/a-dark-age-of-macroeconomics-wonkish/}}, - year = 2009, - journal = {New York Times}, - number = {January 27}, - type = {Blog} -} - -@ARTICLE{krugmanThoughts, - author = {Krugman, Paul}, - title = {Thoughts About Thinking}, - journal = {The Economist's View}, - year = 2008, - note = {Available at {\url{http://economistsview.typepad.com/economistsview/2008/10/thoughts-about.html}}}, - bdsk-url-1 = {http://economistsview.typepad.com/economistsview/2008/10/thoughts-about.html}, - url = {http://economistsview.typepad.com/economistsview/2008/10/thoughts-about.html} -} - -@MISC{krugmanHousingBubble, - author = {Krugman, Paul}, - title = {That Hissing Sound}, - howpublished = {New York Times Column}, - month = {August}, - year = 2005, - bdsk-url-1 = {http://www.nytimes.com/2005/08/08/opinion/08krugman.html}, - day = 8, - url = {http://www.nytimes.com/2005/08/08/opinion/08krugman.html} -} - -@ARTICLE{ks99, - author = {Krusell, Per and Smith, Jr., Anthony A.}, - title = {On the Welfare Effects of Eliminating Business Cycles}, - journal = {Review of Economic Dynamics}, - year = 1999, - volume = 2, - pages = {245--272} -} - -@ARTICLE{kcGenesRisk, - author = {Kuhnen, Camelia M. and Chiao, Joan Y.}, - title = {Genetic Determinants of Financial Risk Taking}, - journal = {PLoS ONE}, - year = 2009, - volume = 4, - pages = {e4362}, - number = 2, - month = 02, - abstract = {Individuals vary in their willingness to take financial risks. Here we show that variants of two genes that regulate dopamine and serotonin neurotransmission and have been previously linked to emotional behavior, anxiety and addiction (5-HTTLPR and DRD4) are significant determinants of risk taking in investment decisions. We find that the 5-HTTLPR {\it s/s} allele carriers take 28\% less risk than those carrying the {\it s/l} or {\it l/l} alleles of the gene. DRD4 7-repeat allele carriers take 25\% more risk than individuals without the 7-repeat allele. These findings contribute to the emerging literature on the genetic determinants of economic behavior.}, - bdsk-url-1 = {http://dx.doi.org/10.1371/journal.pone.0004362}, - doi = {10.1371/journal.pone.0004362}, - publisher = {Public Library of Science}, - url = {http://dx.doi.org/10.1371/journal.pone.0004362} -} - -@ARTICLE{kydland&prescott:timeto, - author = {{Kydland, Finn E.} and {Edward C. Prescott}}, - title = {Time to Build and Aggregate Fluctuations}, - journal = {Econometrica}, - year = 1982, - volume = 50, - pages = {1345--1370}, - number = 6 -} - -@ARTICLE{kydland&prescott:inconsistent, - author = {{Kydland, Finn E.} and {Edward C. Prescott}}, - title = {Rules Rather than Discretion: The Inconsistency of Optimal Plans}, - journal = {Journal of Political Economy}, - year = 1977, - volume = 85, - pages = {473--491}, - number = 3 -} - -@TECHREPORT{lm04, - author = {L{\"}unnemann, Patrick and Math{\"}a, Thomas Y.}, - title = {How Persistent Is Disaggregate Inflation? An Analysis Across EU Countries and HICP Subindices}, - institution = {European Central Bank}, - year = 2004, - type = {European Central Bank working paper}, - number = 415 -} - -@INPROCEEDINGS{Lutkepohl04, - author = {Helmut L{\"}utkepohl}, - title = {Vector Autoregressive and Vector Error Correction Models}, - booktitle = {Applied Econometric Time Series}, - year = 2004, - editor = {Helmut L{\"}utkepohl and Markus Kr{\"}atzig}, - address = {Cambridge}, - publisher = {Cambridge University Press} -} - -@BOOK{luet91, - title = {Introduction to Multiple Time Series Analysis}, - publisher = {Springer}, - year = 1991, - author = {L{\"}utkepohl, Helmut}, - address = {New York et al.} -} - -@TECHREPORT{lsy05, - author = {Labhard, Vincent and Sterne, Gabriel and Young, Chris}, - title = {Wealth and Consumption: An Assessment of the International Evidence}, - institution = {Bank of England}, - year = 2005, - type = {Bank of England woking paper}, - number = 275 -} - -@ARTICLE{labonte:housingpricebubble, - author = {Labonte, Marc}, - title = {U.S. Housing Prices: Is There a Bubble?}, - journal = {Congressional Research Service}, - year = 2003 -} - -@TECHREPORT{laf05, - author = {Laforte, Jean-Philippe}, - title = {Pricing Models: A Bayesian DSGE approach for the US Economy}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{laibson:goldeneggs, - author = {Laibson, David}, - title = {Golden Eggs and Hyperbolic Discounting}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = {CXII}, - pages = {443--477}, - number = 2 -} - -@ARTICLE{laibson:hyperbuffer, - author = {Laibson, David}, - title = {Hyperbolic Discount Functions and Time Preference Heterogeneity}, - journal = {Manuscript, Harvard University}, - year = 1997 -} - -@TECHREPORT{lrtDiscount, - author = {David Laibson and Andrea Repetto and Jeremy Tobacman}, - title = {Estimating Discount Functions with Consumption Choices over the Lifecycle}, - institution = {National Bureau of Economic Research}, - year = 2007, - type = {Working Paper}, - number = 13314, - month = {August}, - abstract = {Intertemporal preferences are difficult to measure. We estimate time preferences using a structural buffer stock consumption model and the Method of Simulated Moments. The model includes stochastic labor income, liquidity constraints, child and adult dependents, liquid and illiquid assets, revolving credit, retirement, and discount functions that allow short-run and long-run discount rates to differ. Data on retirement wealth accumulation, credit card borrowing, and consumption-income comovement identify the model. Our benchmark estimates imply a 40\% short-term annualized discount rate and a 4.3\% long-term annualized discount rate. Almost all specifications reject the restriction to a constant discount rate. Our quantitative results are sensitive to assumptions about the return on illiquid assets and the coefficient of relative risk aversion. When we jointly estimate the coefficient of relative risk aversion and the discount function, the short-term discount rate is 15\% and the long-term discount rate is 3.8\%.}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w13314} -} - -@ARTICLE{lrt:debtpuzzle, - author = {Laibson, David and Repetto, Andrea and Tobacman, Jeremy}, - title = {A Debt Puzzle}, - journal = {Manuscript, Harvard University}, - year = 1999 -} - -@ARTICLE{laitner:random, - author = {Laitner, John}, - title = {Random Earning Differences, Lifetime Liquidity Constraints, and Altruistic Intergenerational Transfers}, - journal = {Journal of Economic Theory}, - year = 1992, - volume = 58, - pages = {135--170}, - number = 2 -} - -@BOOK{landesbergerRestitution, - title = {Restitution Receipts, Household Savings and Consumption Behavior in Israel}, - publisher = {Research Department, Bank of Israel}, - year = 1970, - author = {Landesberger, Michael}, - address = {Jerusalem} -} - -@ARTICLE{landsberger:mpcbyy, - author = {Landsberger, M.}, - title = {Windfall Income and Consumption: Comment}, - journal = {American Economic Review}, - year = 1966, - volume = 56, - pages = {534--540} -} - -@ARTICLE{lmf:mark2, - author = {Lane, Philip R. and Milesi-Ferretti, Gian Maria}, - title = {The External Wealth of Nations Mark II: Revised and Extended Estimates of Foreign Assets and Liabilities}, - journal = {Journal of International Economics}, - year = 2007, - volume = 73, - pages = {223--250}, - number = 2 -} - -@ARTICLE{lawrance:timepref, - author = {Lawrance, Emily C.}, - title = {Poverty and the Rate of Time Preference: Evidence from Panel Data}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {54--77}, - number = 1 -} - -@ARTICLE{lebaron:summary, - author = {LeBaron, Blake}, - title = {Agent Based Computational Finance: Suggested Readings and Early Research}, - journal = {Journal of Economic Dynamics and Control}, - year = {forthcoming} -} - -@TECHREPORT{LeBlanc:2000, - author = {Le Blanc, Gilles}, - title = {Regional Specialization, Local Externalities And Clustering In Information Technology Industries}, - institution = {European Regional Science Association}, - year = 2000, - type = {ERSA conference papers}, - month = Aug, - bdsk-url-1 = {http://ideas.repec.org/p/wiw/wiwrsa/ersa00p168.html}, - url = {http://ideas.repec.org/p/wiw/wiwrsa/ersa00p168.html} -} - -@ARTICLE{Lehnert2003, - author = {Lehnert, Andreas}, - title = {Housing, Consumption, and Credit Constraints}, - journal = {Manuscript, Board of Governors of the Federal Reserve System}, - year = 2003, - month = {December} -} - -@TECHREPORT{lehnert:housing, - author = {Andreas Lehnert}, - title = {Housing, Consumption and Credit Constraints}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2001, - type = {manuscript} -} - -@INPROCEEDINGS{Leicester2012, - author = {Leicester, Andrew}, - title = {The Potential Use of In-Home Scanner Technology for Budget Surveys}, - booktitle = {Improving the Measurement of Household Expenditures}, - year = 2012, - editor = {Carroll, Christopher D. and Thomas Crossley and John Sabelhaus}, - publisher = {University of Chicago Press} -} - -@INCOLLECTION{leicesterScanner, - author = {Andrew Leicester}, - title = {The Potential Use of In-Home Scanner Technology for Budget Surveys}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\\ Slides are at \url{http://www.nber.org/confer/2011/CRIWf11/Leicester-Slides.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/leicesterScanner.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/leicesterScanner.pdf:PDF} -} - -@ARTICLE{LelandPrecaution, - author = {Leland, Hayne E.}, - title = {Saving and Uncertainty: The Precautionary Demand for Saving}, - journal = {Quarterly Journal of Economics}, - year = 1968, - volume = 82, - pages = {465--473} -} - -@ARTICLE{lelbang&mukhergee:politics, - author = {Lelbang, David and Mukherjee, Bumba}, - title = {Elections, Partisan Politics and Stock Market Performance: Theory and Evidence from a Century of American and British Returns}, - journal = {Manuscript, University of Colorado}, - year = 2004 -} - -@ARTICLE{lettau:portfolios, - author = {Lettau, Martin}, - title = {Explaining the Facts with Adaptive Agents: The Case of Mutual Fund Flows}, - journal = {Journal of Economic Dynamics and Control}, - year = 1997, - volume = 21, - pages = {1117--1147} -} - -@ARTICLE{llTrendCycle, - author = {Lettau, Martin and Ludvigson, Sydney}, - title = {Understanding Trend and Cycle in Asset Values: Reevaluating the Wealth Effect on Consumption}, - journal = {American Economic Review}, - year = 2004, - volume = 94, - pages = {276--299}, - number = 1, - note = {\url{http://www.jstor.org/stable/3592779}}, - date-modified ={2011-10-15 00:09:24 -0400}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/llTrendCycle.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/llTrendCycle.pdf:PDF}, - url = {http://www.jstor.org/stable/3592779} -} - -@ARTICLE{lettau&ludvigson:assetvalues, - author = {Lettau, Martin and Ludvigson, Sydney}, - title = {Understanding Trend and Cycle in Asset Values: Reevaluating the Wealth Effect on Consumption}, - journal = {NBER Working Paper 9848}, - year = 2003 -} - -@ARTICLE{llStockReturns, - author = {Lettau, Martin and Ludvigson, Sydney}, - title = {Consumption, Aggregate Wealth, and Expected Stock Returns}, - journal = {Journal of Finance}, - year = 2001, - volume = 56, - pages = {815--849}, - number = 3, - note = {\url{http://www.jstor.org/stable/222534}}, - url = {http://www.jstor.org/stable/222534} -} - -@ARTICLE{llb:comment, - author = {Lettau, Martin and Ludvigson, Sydney and Barczi, Nathan}, - title = {A Primer on the Economics and Time Series Econometrics of Wealth Effects: A Comment}, - journal = {Federal Reserve Bank of New York}, - year = 2001 -} - -@ARTICLE{lettau&uhlig:rulesofthumb, - author = {Lettau, Martin and Uhlig, Harald}, - title = {Rules of Thumb and Dynamic Programming}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {148--174} -} - -@ARTICLE{Levin:1998, - author = {Levin, Laurence}, - title = {Are assets fungible? Testing the behavioral theory of life-cycle savings}, - journal = {Journal of Economic Organization and Behavior,}, - year = 1998, - volume = 36, - pages = {59--83}, - abstract = {This paper is an empirical investigation of the behavioral life-cycle savings model. This model posits that self-control problems causes individuals to depart substantially from rational behavior. I show that this model can explain how the consumption of individuals at or near retirement vary with changes in different types of financial assets. Specifically, consumption spending is sensitive to changes in income and in liquid assets, but not very sensitive to changes in the value of other types of assets such as houses and social security (even though the value of non-liquid assets is relatively large for most of the households in the sample). In general, the evidence presented here favors the Behavioral Life-Cycle Model over the conventional life-cycle model even when liquidity constraints are introduced.} -} - -@ARTICLE{levine&renelt:aer, - author = {{Levine, Ross E.} and {David Renelt}}, - title = {A Sensitivity Analysis of Cross-Country Growth Regressions}, - journal = {American Economic Review}, - year = 1992, - volume = 82, - pages = {942--963}, - month = {September} -} - -@ARTICLE{lillard&weiss, - author = {Lillard, Lee A. and Weiss, Yoram}, - title = {Components of Variation in Panel Earnings Data: American Scientists 1960-70}, - journal = {Econometrica}, - year = 1979, - volume = 47, - pages = {437--454}, - number = 2, - month = {March} -} - -@ARTICLE{lillard&karoly:richsave, - author = {Lillard, Lee and Karoly, Lynn}, - title = {Income and Wealth Accumulation Over the Lifecycle}, - journal = {Manuscript, RAND Corporation}, - year = 1997 -} - -@ARTICLE{lindbeck:welfarestate, - author = {Lindbeck, Assar}, - title = {Welfare State Disincentives with Endogenous Habits and Norms}, - journal = {Scandinavian Journal of Economics}, - year = 1995, - volume = 97, - pages = {477--94}, - number = 4 -} - -@ARTICLE{lnw:norms, - author = {Lindbeck, Assar and Nyberg, S. and Weibull, J-W.}, - title = {Social Norms and Economic Incentives in the Welfare State}, - journal = {Industrial Institute for Economic and Social Research}, - year = 1997 -} - -@ARTICLE{lu00, - author = {Ljungqvist, Lars and Uhlig, Harald}, - title = {Tax Policy and Aggregate Demand Management under Catching Up with the Joneses}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {356--366}, - number = 3, - month = {June} -} - -@INPROCEEDINGS{lss:whatdrivesbook, - author = {Loayza, Norman and Schmidt-Hebbel, Klaus and Serv{\'e}n, Luis}, - title = {What Drives Saving Across the World?}, - booktitle = {Saving in the World: Puzzles and Policies}, - year = 1998, - editor = {Serv{\'e}n, Luis} -} - -@ARTICLE{lss:whatdrives, - author = {Loayza, Norman and Schmidt-Hebbel, Klaus and Serv{\'e}n, Luis}, - title = {What Drives Saving Across the World?}, - journal = {Review of Economics and Statistics}, - year = 2000, - volume = 82, - number = 1, - month = May -} - -@TECHREPORT{GarciaOlivera:2005, - author = {Lopez, Miguel Angel Garcia and Olivera, Ivan Muniz}, - title = {The Spatial Effect of Intra-Metropolitan Agglomeration Economies}, - institution = {Department of Applied Economics at Universitat Autonoma of Barcelona}, - year = 2005, - type = {Working Papers}, - number = 0513, - month = {June}, - bdsk-url-1 = {http://ideas.repec.org/p/uab/wprdea/wpdea0513.html}, - url = {http://ideas.repec.org/p/uab/wprdea/wpdea0513.html} -} - -@ARTICLE{lnFeathers, - author = {LoPrete, Chiara and Catherine S. Norman}, - title = {Rockets And Feathers In CO2-Power Markets? New Evidence From The Second Phase Of The EU ETS}, - journal = {Manuscript, Johns Hopkins University}, - year = 2011, - note = {\\ \url{http://www.webmeets.com/files/papers/EAERE/2011/201/AsymmetricPassthrough_May25-1.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lnFeathers.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lnFeathers.pdf:PDF}, - url = {http://www.webmeets.com/files/papers/EAERE/2011/201/AsymmetricPassthrough_May25-1.pdf} -} - -@INCOLLECTION{lucas:critique, - author = {Lucas, Robert E.}, - title = {Econometric Policy Evaluation: A Critique}, - booktitle = {The Phillips Curve and Labour Markets}, - publisher = {Journal of Monetary Economics (Supplement)}, - year = 1976, - editor = {Brunner, Karl and Meltzer, Allan H.}, - volume = 1, - pages = {19--46} -} - -@ARTICLE{lucasGrowth, - author = {Lucas, Robert E.}, - title = {On the Mechanics of Economic Development}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 22, - pages = {3--42} -} - -@BOOK{lucasBusinessCycles, - title = {Models of Business Cycles, Yrjo Jahnsson Lectures}, - publisher = {Basil Blackwell}, - year = 1985, - author = {Robert E. Lucas}, - address = {Oxford} -} - -@Article{lucas:assetpricing, - Title = {Asset Prices in an Exchange Economy}, - Author = {Lucas, Robert E.}, - Journal = {Econometrica}, - Year = 1978, - Month = {December}, - Note = {Available at { \url{http://www.jstor.org/stable/1913837}}}, - Pages = {1429--1445}, - Volume = 46, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1913837} -} - -@ARTICLE{lucas&stokey:money, - author = {{Lucas, Robert E.} and {Stokey, Nancy L.}}, - title = {Optimal Fiscal and Monetary Policy in an Economy without Capital}, - journal = {Journal of Monetary Economics}, - year = 1983, - volume = 12, - pages = {55--93}, - number = {x} -} - -@ARTICLE{lud04, - author = {Ludvigson, Sydney}, - title = {Consumer Confidence and Consumer Spending}, - journal = {Journal of Economic Perspectives}, - year = 2004, - volume = 18, - pages = {29--50}, - number = 2 -} - -@ARTICLE{ludvigson:credit, - author = {Ludvigson, Sydney}, - title = {Consumption and Credit: A Model of Time-Varying Liquidity Constraints}, - journal = {The Review of Economics and Statistics}, - year = 1999, - volume = 81, - pages = {434--47}, - number = 3 -} - -@PHDTHESIS{ludvigson:creditthesis, - author = {Ludvigson, Sydney}, - title = {Consumption and Credit: A Model of Time-Varying Liquidity Constraints}, - school = {Princeton University}, - year = 1996 -} - -@ARTICLE{lettau&ludvigson:bullsandbearsold, - author = {Ludvigson, Sydney and Lettau, Martin}, - title = {Understanding Trend and Cycle in Asset Values: Bulls, Bears, and the Wealth Effect on Consumption}, - journal = {Manuscript, New York University}, - year = 2001 -} - -@ARTICLE{lettau&ludvigson:finance, - author = {Ludvigson, Sydney and Lettau, Martin}, - title = {Consumption, Aggregate Wealth, and Expected Stock Returns}, - journal = {Journal of Finance}, - year = 2001, - volume = 56, - pages = {815--49}, - number = 3, - month = {June} -} - -@ARTICLE{lmExcesses, - author = {Ludvigson, Sydney and Michaelides, Alexander}, - title = {Does Buffer Stock Saving Explain the Smoothness and Excess Sensitivity of Consumption?}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - pages = {631--647}, - number = 3, - month = {June}, - note = {\\ \url{http://www.jstor.org/stable/2677884}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lmExcesses.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lmExcesses.pdf:PDF}, - url = {http://www.jstor.org/stable/2677884} -} - -@ARTICLE{ludvigson&paxson:approximation, - author = {Ludvigson, Sydney and Paxson, Christina}, - title = {Approximation Bias in Euler Equation Estimation}, - journal = {Manuscript, Federal Reserve Bank of New York}, - year = 1997 -} - -@ARTICLE{ludvigson&steindel:stockmarket, - author = {Ludvigson, Sydney and Steindel, Charles}, - title = {How Important is the Stock Market Effect on Consumption?}, - journal = {Federal Reserve Bank of New York Economic Policy Review}, - year = 1999 -} - -@ARTICLE{ls04, - author = {Ludwig, Alexander and {Sl{\o}k}, Torsten}, - title = {The Relationship between Stock Prices, House Prices and Consumption in OECD Countries}, - journal = {Topics in Macroeconomics}, - year = 2004, - volume = 4, - pages = {Article 4}, - number = 1 -} - -@UNPUBLISHED{LudwigSlok:2002, - author = {Ludwig, Alexander and Sl{\o}k, Torsten}, - title = {The Impact of Changes in Stock Prices and House Prices on Consumption in OECD Countries}, - note = {Working Paper 02/1 International Monetary Fund}, - year = 2002 -} - -@ARTICLE{Ludwig2004, - author = {Ludwig, Alexander and Slok, Torsten}, - title = {The Relationship between Stock Prices, House Prices and Consumption in OECD Countries}, - journal = {Topics in Macroeconomics}, - year = 2004, - volume = 4, - number = {1, Article 4}, - note = {available at http://ideas.repec.org/a/bep/mactop/v4y2004i1p1} -} - -@ARTICLE{ludwig&slok:assetpricesIMFwp, - author = {Ludwig, Alexander and Slok, Torsten}, - title = {The Impact of Changes in Stock Prices and House Prices on Consumption in OECD Countries}, - journal = {IMF Working Paper 02/01}, - year = 2002 -} - -@ARTICLE{luengoprado:excesses, - author = {Luengo-Prado, Maria Jos{\'}e}, - title = {Durables, Nondurables, Down Payments, and Consumption Excesses}, - journal = {Journal of Monetary Economics}, - year = 2006, - volume = 53, - pages = {1509--1539} -} - -@ARTICLE{lsStates, - author = {Luengo-Prado, Maria Jos{\'}e and S\/orensen, Bent}, - title = {What Can Explain the Excess Smoothness and Sensitivity of State-Level Consumption?}, - journal = {Review of Economics and Statistics}, - year = 1998, - volume = {Forthcoming} -} - -@ARTICLE{LPSorensen:2006, - author = {Luengo-Prado, Mar{\'}{\i}a Jos{\'}{e} and Sorensen, Bent}, - title = {What Can Explain Excess Smoothness and Sensitivity of State-Level Consumption?}, - journal = {Forthcoming in the Review of Economics and Statistics}, - year = 2006 -} - -@INCOLLECTION{lusardiBehavioral, - author = {Lusardi, Annamaria}, - title = {Information, Expectations, and Savings for Retirement}, - booktitle = {Behavioral Dimensions of Retirement Economics}, - publisher = {Russell Sage Foundation}, - year = 1999, - editor = {Aaron, Henry}, - pages = {81--115}, - address = {Washington, DC} -} - -@ARTICLE{lusardiPlanning, - author = {Lusardi, Annamaria}, - title = {Planning and Savings for Retirement}, - journal = {Dartmouth College Working Paper}, - year = 2003 -} - -@ARTICLE{lusardi:explaining, - author = {Lusardi, Annamaria}, - title = {Explaining Why So Many Households Do Not Save}, - journal = {Manuscript, Dartmouth College}, - year = 1999 -} - -@ARTICLE{lusardi:importance, - author = {Lusardi, Annamaria}, - title = {On the Importance of the Precautionary Saving Motive}, - journal = {American Economic Review Papers and Proceedings}, - year = 1998, - volume = 88, - pages = {449--453}, - number = 2 -} - -@ARTICLE{lusardi:subjective, - author = {Lusardi, Annamaria}, - title = {Precautionary Saving and Subjective Earnings Variance}, - journal = {Economics Letters}, - year = 1997, - volume = 57, - pages = {319--326} -} - -@ARTICLE{lusardi:panel, - author = {Lusardi, Annamaria}, - title = {Permanent Income, Current Income, and Consumption: Evidence from Panel Data}, - journal = {Manuscript, Dartmouth College}, - year = 1992 -} - -@ARTICLE{lusardiMitchellLiteracy, - author = {Lusardi, Annamaria and Mitchell, Olivia}, - title = {Financial Literacy and Planning: Implications for Retirement Wellbeing}, - journal = {Wharton School Working Paper}, - year = 2006 -} - -@ARTICLE{lusardiMitchellBoomers, - author = {Lusardi, Annamaria and Mitchell, Olivia S.}, - title = {Baby Boomer Retirement Security: The Roles of Planning, Financial Literacy, and Housing Wealth}, - journal = {Journal of Monetary Economics}, - year = 2007, - volume = {Forthcoming}, - bdsk-url-1 = {http://dx.doi.org/10.1016/j.moneco.2006.12.001}, - doi = {doi:10.1016/j.moneco.2006.12.001} -} - -@ARTICLE{lstFragile, - author = {Lusardi, Annamaria and Schneider, Daniel J. and Peter Tufano}, - title = {Financially Fragile Households: Evidence and Implications}, - journal = {NBER Working Paper Number 17072}, - year = 2011, - number = 17072, - note = {\url{http://www.nber.org/papers/w17072}}, - file = {lstFragile.pdf:lstFragile.pdf:PDF}, - publisher = {National Bureau of Economic Research, Inc}, - url = {http://www.nber.org/papers/w17072} -} - -@ARTICLE{lusardiSkinnerPolicy, - author = {Lusardi, Annamaria and Skinner, Jonathan and Venti, Steven}, - title = {Saving Puzzles and Saving Policies in the United States}, - journal = {Oxford Review of Economic Policy}, - year = 2001, - volume = 17, - pages = {95--115}, - number = 1 -} - -@ARTICLE{lv05, - author = {Lustig, Hanno N. and {Van Nieuwerburgh}, Stijn G.}, - title = {Housing Collateral, Consumption Insurance and Risk Premia: An Empirical Perspective}, - journal = {Journal of Finance}, - year = 2005, - volume = 60, - pages = {1167--1219}, - number = 3 -} - -@MISC{Melitz/Zumer:1999, - author = {M{\'}{e}litz, Jacques and Zumer, Fr{\'}{e}d{\'}{e}ric}, - title = {Interregional and international risk sharing and lessons for EMU}, - howpublished = {CEPR Discussion Paper No. 2154}, - month = {May}, - year = 1999, - file = {:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/#F#:Djvu} -} - -@ARTICLE{mullerelliott:initial, - author = {M{\"}uller, Ulirich K. and Elliott, Graham}, - title = {Tests for unit roots and the initial condition}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {1269--}, - number = 4, - month = {July} -} - -@ARTICLE{ms07, - author = {M{\"}unich, Daniel and Svejnar, Jan}, - title = {Unemployment in {E}ast and {W}est {E}urope}, - journal = {Labor Economics}, - year = 2007, - volume = 14, - pages = {681--694}, - number = 4 -} - -@ARTICLE{mst05a, - author = {M{\"}unich, Daniel and Svejnar, Jan and Terrell, Katherine}, - title = {Returns to Human Capital Under The {C}ommunist Wage Grid and During the Transition to a Market Economy}, - journal = {The Review of Economics and Statistics}, - year = 2005, - volume = 87, - pages = {100--123}, - number = 1 -} - -@ARTICLE{mst05, - author = {Daniel M{\"u}nich and Jan Svejnar and Catherine Terrell}, - title = {Is Women's Human Capital Valued More by Markets than by Planners?}, - journal = {Journal of Comparative Economics}, - year = 2005, - volume = 33, - pages = {278--299}, - number = 2 -} - -@TECHREPORT{mw07, - author = {Ma{\'}ckowiak, Bartosz and Wiederholt, Mirko}, - title = {Optimal Sticky Prices under Rational Inattention}, - institution = {Northwestern University}, - year = 2007, - type = {mimeo} -} - -@BOOK{macaulay, - title = {The Movements of Interest Rates, Bond Yields and Stock Prices in the United States Since 1856}, - publisher = {National Bureau of Economic Research}, - year = 1938, - author = {Macaulay, Frederick R.}, - address = {New York} -} - -@TECHREPORT{mr07, - author = {Machin, Stephen and {Van Reenen}, John}, - title = {Changes in Wage Inequality}, - institution = {Center for Economic Performance, London School of Economics and Political Science}, - year = 2007, - type = {Special Paper}, - number = 18 -} - -@ARTICLE{macklem:consumption, - author = {Macklem, R. Tiff}, - title = {Wealth, Disposable Income and Consumption: Some Evidence for Canada}, - journal = {Bank of Canada}, - year = 1994 -} - -@article{macurdyLelasticity, - author = {MaCurdy, Thomas E.}, - journal = {Journal of Political Economy}, - month = {December}, - number = 6, - pages = {1059-1085}, - title = {An Empirical Model of Labor Supply in a Life-Cycle Setting}, - volume = 89, - year = 1981, -} - -@ARTICLE{madrian&shea:401k, - author = {Madrian, Brigitte C. and Shea, Dennis F.}, - title = {The Power of Suggestion: Inertia in 401(k) Participation and Savings Behavior}, - journal = {NBER Working Paper 7682}, - year = 2000, - month = may -} - -@ARTICLE{mpCohort, - author = {Maki, Dean M. and Michael G. Palumbo}, - title = {Disentangling the Wealth Effect: A Cohort Analysis of Household Saving in the 1990s}, - journal = {Finance and Economics Discussion Series 2001-21}, - year = 2001, - publisher = {Federal Reserve Board of Governors} -} - -@ARTICLE{maliar:KS, - author = {Maliar, Lilia and Maliar, Serguei and Valli, Fernando}, - title = {Solving the Incomplete Markets Model with Aggregate Uncertainty Using the Krusell Smith Algorithm}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {42--49}, - number = 1, - month = {January} -} - -@ARTICLE{maliar, - author = {Maliar, Lilia and Maliar, Serguei and Valli, Fernando}, - title = {Comparing Numerical Solutions of Models with Heterogeneous Agents (Models B): a Grid-based Euler Equation Algorithm}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{mnDepressionBabies, - author = {Malmendier, Ulrike and Stefan Nagel}, - title = {Depression Babies: Do Macroeconomic Experiences Affect Risk Taking?}, - journal = {Quarterly Journal of Economics}, - year = 2011, - volume = 126, - number = {373--416}, - doi = {10.1093/qje/qjq004}, - file = {mnDepressionBabies.pdf:mnDepressionBabies.pdf:PDF}, - url = {http://qje.oxfordjournals.org/content/126/1/373.full} -} - -@ARTICLE{mangasarian:sufficient, - author = {Mangasarian, A.}, - title = {Sufficient Conditions for the Optimal Control of Nonlinear Systems}, - journal = {SIAM Journal on Control}, - year = 1966, - volume = 4, - pages = {139--152} -} - -@ARTICLE{mankiw:inexorable, - author = {Mankiw, N. Gregory}, - title = {The Inexorable and Mysterious Tradeoff Between Inflation and Unemployment}, - journal = {Economic Journal}, - year = 2001, - volume = 111, - pages = {C45-C61}, - number = 471 -} - -@INPROCEEDINGS{mankiw:saversspenders, - author = {Mankiw, N. Gregory}, - title = {The Savers-Spenders Theory of Fiscal Policy}, - booktitle = {American Economic Review Papers and Proceedings}, - year = 2000 -} - -@ARTICLE{mankiw:growth, - author = {Mankiw, N. Gregory}, - title = {The Growth of Nations}, - journal = {Brookings Papers on Economic Activity}, - year = 1995, - volume = 1995, - pages = {275--326}, - number = 1 -} - -@ARTICLE{mankiw:durgoods, - author = {Mankiw, N. Gregory}, - title = {Hall's Consumption Hypothesis and Durable Goods}, - journal = {Journal of Monetary Economics}, - year = 1982, - volume = 10, - pages = {417--425}, - number = 3 -} - -@INPROCEEDINGS{mr03, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Sticky Information: A model of Monetary Non-neutrality and Structural Slumps}, - booktitle = {Knowledge, Information, and Expectation in Modern Macroeconomics}, - year = 2003, - editor = {Aghion, Phillipe}, - pages = {64--86}, - address = {Cambridge, MA}, - publisher = {MIT Press} -} - -@ARTICLE{mr06, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Pervasive Stickiness}, - journal = {American Economic Review}, - year = 2006, - volume = 96, - pages = {164--169}, - number = 2 -} - -@article{mrsBalance, - author = {Atif Mian and Kamalesh Rao and Amir Sufi}, - journal = {Manuscript, University of California at Berkeley}, - title = {Household Balance Sheets, Consumption, and the Economic Slump}, - year = 2011, -} - -@inproceedings{mb54, - address = {New Brunswick, NJ}, - author = {Franco Modigliani and Richard Brumberg}, - booktitle = {Post-Keynesian Economics}, - editor = {Kenneth K. Kurihara}, - publisher = {Rutgers University Press}, - title = {Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data}, - year = 1954, -} - -@article{scWhySavSoLow, - author = {Summers, Lawrence H. and Carroll, Christopher D.}, - journal = {Brookings Papers on Economic Activity}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}}, - number = 2, - pages = {607--636}, - title = {Why is U.S.\ National Saving So Low?}, - volume = 1987, - year = 1987, - url = {https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}, -} - -@comment{mankiw&reis:slumpsartOld} - -@ARTICLE{mrSlumpsNBER, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Sticky Information: A Model of Monetary Nonneutrality and Structural Slumps}, - journal = {NBER Working Paper Number 8614}, - year = 2001 -} - -@ARTICLE{mrSlumps, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Sticky Information Versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve}, - journal = {Quarterly Journal of Economics}, - year = 2002, - volume = 117, - pages = {1295--1328}, - number = 4, - month = {November} -} - -@ARTICLE{mrw:contribution, - author = {Mankiw, N. Gregory and Romer, David and Weil, David N.}, - title = {A Contribution to the Empirics of Economic Growth}, - journal = {Quarterly Journal of Economics}, - year = 1992, - volume = 107, - pages = {407--437} -} - -@ARTICLE{mankiw&zeldes:stockholders, - author = {Mankiw, N. Gregory and Zeldes, Stephen P.}, - title = {The Consumption of Stockholders and Non Stockholders}, - journal = {Journal of Financial Economics}, - year = 1989, - volume = 15, - pages = {145--61} -} - -@ARTICLE{MankiwZeldes:1991, - author = {Mankiw, N. Gregory and Zeldes., Stephen P.}, - title = {The Consumption of Stockholders and Non-Stockholders}, - journal = {Journal of Financial Economics}, - year = 1991, - volume = 29, - pages = {97--112} -} - -@ARTICLE{mmSkip, - author = {Manski, C.F. and Molinari, F.}, - title = {Skip Sequencing: A Decision Problem in Questionnaire Design}, - journal = {The Annals of Applied Statistics}, - year = 2008, - volume = 2, - pages = 264, - number = 1, - publisher = {NIH Public Access} -} - -@ARTICLE{marcet&sargent:convergence, - author = {Marcet, Albert and Sargent, Thomas J.}, - title = {Convergence of Least Squares Learning Mechanisms in Self Referential Linear Stochastic Models}, - journal = {Journal of Economic Theory}, - year = 1991, - volume = 48, - pages = {337--68} -} - -@ARTICLE{MarigerLiqConstr87, - author = {Mariger, Randall P.}, - title = {A Life-Cycle Consumption Model with Liquidity Constraints: Theory and Empirical Results}, - journal = {Econometrica}, - year = 1987, - volume = 55, - number = {533-557} -} - -@INCOLLECTION{marimon:learning, - author = {Marimon, Ramon}, - title = {Learning from Learning in Economics}, - booktitle = {Advances in Economics and Econometrics: Theory and Applications, Volume I}, - publisher = {Cambridge University Press}, - year = 1997, - editor = {Kreps, David and Wallis, K.}, - address = {Cambridge} -} - -@BOOK{markowitz, - title = {Portfolio Selection: Efficient Diversification of Investment}, - publisher = {John Wiley and Sons}, - year = 1959, - author = {Markowitz, Harold}, - address = {New York} -} - -@BOOK{marshall:principles, - title = {Principles of Economics}, - publisher = {The MacMillan Company}, - year = 1898, - author = {Marshall, Alfred}, - address = {New York}, - edition = {Eighth} -} - -@BOOK{mayer:pihbook, - title = {Permanent Income, Wealth, and Consumption}, - publisher = {University of California Press}, - year = 1972, - author = {Mayer, Thomas}, - address = {Berkeley} -} - -@TECHREPORT{mp02, - author = {Mc{C}arthy, Jonathan and Peach, Richard W.}, - title = {Monetary Policy Transmission to Residential Investment}, - institution = {Federal Reserve Bank of New York}, - year = 2002, - type = {{FRBNY Economic Policy Review}}, - number = 1, - pages = {139--158}, - volume = 8 -} - -@ARTICLE{oecdMicro, - author = {McCall, Robert}, - title = {Development of International Guidelines and Frameworks for Micro Statistics on Household Income, Consumption and Wealth}, - journal = {Presentation at 32nd General Conference of the International Association for Research in Income and Wealth}, - year = 2012, - note = {\url{http://www.iariw.org/papers/2012/McCollPaper.pdf}}, - url = {http://www.iariw.org/papers/2012/McCollPaper.pdf} -} - -@ARTICLE{mccallum:review, - author = {McCallum, Bennett T.}, - title = {Recent Developments in Monetary Policy Analysis: The Roles of Theory and Evidence}, - journal = {Federal Reserve Bank of Richmond Economic Quarterly}, - year = 2002, - volume = 88, - pages = {67--95}, - number = 1 -} - -@ARTICLE{mccarthy:debt, - author = {McCarthy, Jonathan}, - title = {Does the Household Balance Sheet Affect Expenditures Response to Monetary Policy?}, - journal = {Manuscript, Federal Reserve Bank of New York}, - year = 1997 -} - -@ARTICLE{mccarthy:mpc, - author = {McCarthy, Jonathan}, - title = {Imperfect Insurance and Differing Propensities to Consume Across Households}, - journal = {Journal Of Monetary Economics}, - year = 1995, - volume = 36, - pages = {301--327}, - number = 2 -} - -@ARTICLE{mcculloughReplicability, - author = {McCullough, Bruce D.}, - title = {Got Replicability? The Journal of Money, Credit and Banking Archive}, - journal = {Econ Journal Watch}, - year = 2007, - volume = 4, - pages = {326--337}, - number = 3 -} - -@INCOLLECTION{meghirPistaferri_earnigsClifeCycle, - author = {Costas Meghir and Luigi Pistaferri}, - title = {Earnings, Consumption and Life Cycle Choices}, - booktitle = {Handbook of Labor Economics}, - publisher = {Elsevier}, - year = 2011, - editor = {O. Ashenfelter and D. Card}, - volume = 4, - chapter = 9, - pages = {773--854} -} - -@ARTICLE{meghir&pistaferri, - author = {Meghir, Costas and Pistaferri, Luigi}, - title = {Income Variance Dynamics and Heterogeneity}, - journal = {Journal of Business and Economic Statistics}, - year = 2004, - volume = 72, - pages = {1--32}, - number = 1 -} - -@comment{meghir&weber:habitsOld} - -@ARTICLE{mwHabits, - author = {Meghir, Costas and Weber, Guglilelmo}, - title = {Intertemporal Non-Separability or Borrowing Restrictions? A Disaggregate Analysis Using a U.S. Consumption Panel}, - journal = {Econometrica}, - year = 1996, - volume = 64, - pages = {1151--82}, - number = 5 -} - -@Article{mehraPrescottPuzzle, - Title = {The Equity Premium: A Puzzle}, - Author = {Mehra, Rajnish and Prescott, Edward C.}, - Journal = {Journal of Monetary Economics}, - Year = 1985, - Pages = {145-61}, - Volume = 15, - Owner = {Nic Johnson}, - Url = {http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html} -} - -@Article{mehra&prescott:puzzle, - Title = {The Equity Premium: A Puzzle}, - Author = {Mehra, Rajnish and Prescott, Edward C.}, - Journal = {Journal of Monetary Economics}, - Year = 1985, - Note = {Available at { \url{http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html}}}, - Pages = {145-61}, - Volume = 15, - Owner = {Nic Johnson}, - Url = {http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html} -} - -@ARTICLE{mehra:wealtheffect, - author = {Mehra, Yash}, - title = {The Wealth Effect in Empirical Life Cycle Aggregate Consumption Equations}, - journal = {Federal Reserve Bank of Richmond Economic Quarterly, 87/2}, - year = 2001 -} - -@ARTICLE{mehra:surveyinfl, - author = {Mehra, Yash P.}, - title = {Survey Measures of Expected Inflation: Revisiting the Issues of Predictive Content and Rationality}, - journal = {Manuscript, Federal Reserve Bank of Richmond}, - year = 2002 -} - -@ARTICLE{menchik&david:nodissav, - author = {Menchik, Paul L. and David, Martin}, - title = {Income Distribution, Lifetime Savings, and Bequests}, - journal = {American Economic Review}, - year = 1983, - volume = 83, - pages = {672--690}, - number = 4 -} - -@ARTICLE{MendelsonAmihud:consumption, - author = {Mendelson, Haim and Amihud, Yakov}, - title = {Optimal Consumption Policy Under Uncertain Income}, - journal = {Management Science}, - year = 1982, - volume = 28, - pages = {683--697}, - number = 6, - month = {June} -} - -@article{mqrImbal, - Author = {Enrique G. Mendoza and Vincenzo Quadrini and Jos\'{e}-V\'{i}ctor R\'{i}os-Rull}, - Title = "{Financial Integration, Financial Development, and Global Imbalances}", - journal = {Journal of Political Economy}, - Year = 2009, - volume = 117, - number = 3, -} - -@ARTICLE{mqrImbal-NBERWP, - author = {Mendoza, Enrique G. and Quadrini, Vincenzo and Rios-Rull, Jose-Victor}, - title = {Financial Integration, Financial Deepness and Global Imbalances}, - journal = {NBER Working Paper Number w12909}, - year = 2007 -} - -@ARTICLE{merton:restat, - author = {Merton, Robert C.}, - title = {Lifetime Portfolio Selection under Uncertainty: The Continuous Time Case}, - journal = {Review of Economics and Statistics}, - year = 1969, - volume = 51, - pages = {247--257} -} - -@ARTICLE{msFallacy, - author = {Merton, Robert C. and Samuelson, Paul A.}, - title = {Fallacy of the Log-Normal Approximation to Optimal Portfolio Decision-Making over Many Periods}, - journal = {Journal of Financial Economics}, - year = 1974, - volume = 1, - pages = {67--94}, - number = 1, - issn = {0304-405X}, - publisher = {Elsevier} -} - -@ARTICLE{msWinning, - author = {Meyer, Bruce D. and Sullivan, James X.}, - title = {Winning the War: Poverty from the Great Society to the Great Recession}, - journal = {Brookings Papers on Economic Activity}, - year = 2012, - month = {Fall}, - url = {http://www.brookings.edu/~/media/Projects/BPEA/Fall2012/2012fallmeyer.pdf} -} - -@ARTICLE{msDecades, - author = {Meyer, Bruce D. and Sullivan, James X.}, - title = {Five Decades of Consumption and Income Poverty}, - journal = {Working Papers, Harris School of Public Policy Studies, University of Chicago}, - year = 2009 -} - -@ARTICLE{MianSufi:2011, - author = {Mian, Atif and Sufi, Amir}, - title = {Consumers and the Economy, Part II: Household Debt and the Weak U.S. Recovery}, - journal = {FRBSF Economic Letter}, - year = 2011, - volume = 4, - month = {January} -} - -@TECHREPORT{msClunkers, - author = {Mian, Atif and Sufi, Amir}, - title = {The Effects of Fiscal Stimulus: Evidence from the 2009 `Cash for Clunkers' Program'}, - institution = {National Bureau of Economic Research}, - year = 2010, - type = {Working Paper}, - number = 16351, - month = {September}, - abstract = {A key rationale for fiscal stimulus is to boost consumption when aggregate demand is perceived to be inefficiently low. We examine the ability of the government to increase consumption by evaluating the impact of the 2009 ``Cash for Clunkers'' program on short and medium run auto purchases. Our empirical strategy exploits variation across U.S. cities in ex-ante exposure to the program as measured by the number of ``clunkers'' in the city as of the summer of 2008. We find that the program induced the purchase of an additional 360,000 cars in July and August of 2009. However, almost all of the additional purchases under the program were pulled forward from the very near future; the effect of the program on auto purchases is almost completely reversed by as early as March 2010 -- only seven months after the program ended. The effect of the program on auto purchases was significantly more short-lived than previously suggested. We also find no evidence of an effect on employment, house prices, or household default rates in cities with higher exposure to the program.}, - bdsk-url-1 = {http://www.nber.org/papers/w16351}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w16351} -} - -@ARTICLE{msMortgage, - author = {Mian, Atif and Sufi, Amir}, - title = {The Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis}, - journal = {Quarterly Journal of Economics}, - year = 2009, - volume = 124, - number = 4, - month = {November} -} - -@ARTICLE{mianSufiQJE, - author = {Mian, Atif and Sufi, Amir}, - title = {The Consequences of Mortgage Credit Expansion: Evidence from the 2007 Mortgage Default Crisis}, - journal = {Forthcoming, {\it Quarterly Journal of Economics}}, - year = 2008, - month = Apr, - note = {Available at \url{http://ideas.repec.org/p/nbr/nberwo/13936.html}}, - institution = {National Bureau of Economic Research, Inc}, - type = {NBER Working Paper No. 13936} -} - -@ARTICLE{michaelides:reversion, - author = {Michaelides, Alexander}, - title = {Portfolio Choice, Liquidity Constraints and Stock Market Mean Reversion}, - journal = {CEPR Discussion Paper No. 2823}, - year = 2005 -} - -@ARTICLE{michaelides:reconcile, - author = {Michaelides, Alexander}, - title = {A Reconciliation of Two Alternative Approaches Towards Buffer Stock Saving}, - journal = {Economics Letters}, - year = 2003, - volume = 79, - pages = {137--143}, - number = 1, - month = {April} -} - -@ARTICLE{michaelidesBufHab, - author = {Michaelides, Alexander}, - title = {Buffer Stock Saving and Habit Formation}, - journal = {Manuscript, London School of Economics}, - year = 2002 -} - -@ARTICLE{GomesMichaelides:PortHabits, - author = {Michaelides, Alexander and Gomes, Francisco}, - title = {Portfolio Choice with Internal Habit Formation: A Life-Cycle Model with Uninsurable Labor Income Risk}, - journal = {Review of Economic Dynamics}, - year = 2003, - volume = 6, - pages = {729--766}, - month = {October} -} - -@ARTICLE{michaelidesHaliassos:portfolio, - author = {Michaelides, Alexander and Haliassos, Michael}, - title = {Portfolio Choice and Liquidity Constraints}, - journal = {International Economic Review}, - year = 2003, - volume = 44, - pages = {144--177}, - number = 1, - month = {February} -} - -@ARTICLE{KalyvitisMichaelides:exchrates, - author = {Michaelides, Alexander and Kalyvitis, Sarantis}, - title = {New Evidence on the Effects of U.S.\ Monetary Policy on Exchange Rates}, - journal = {Economics Letters}, - year = 2001, - volume = 71, - pages = {255--263}, - number = 2, - month = {May} -} - -@ARTICLE{michaelidesNg:speculative, - author = {Michaelides, Alexander and Ng, Serena}, - title = {Estimating the Rational Expectations Model of Speculative Storage: A Monte Carlo Comparison of Three Simulation Estimators}, - journal = {Journal of Econometrics}, - year = 2000, - volume = 96, - pages = {231--266}, - number = 2, - month = {June} -} - -@ARTICLE{ng:estbysim, - author = {Michaelides, Alexander and Ng, Serena}, - title = {Estimating the Rational Expectations Model of Speculative Storage: A Monte Carlo Comparison of Three Simulation Estimators}, - journal = {Manuscript, Department of Economics, Boston University}, - year = 1997 -} - -@BOOK{micklethwaitWooldridgeCompany, - title = {The Company: A Short History of a Revolutionary Idea}, - publisher = {Modern Library}, - year = 2002, - author = {Micklethwait, John and Wooldridge, Adrian} -} - -@MISC{milesi&roubini:hctax, - author = {{Milesi-Ferretti, Gian~Maria} and {Nouriel Roubini}}, - title = {Optimal Taxation of Human and Physical Capital in Endogenous Growth Models}, - howpublished = {Mimeo}, - year = 1993 -} - -@ARTICLE{MillerPIH, - author = {Miller, Bruce L}, - title = {The Effect on Optimal Consumption of Increased Uncertainty in Labor Income in the Multiperiod Case}, - journal = {Journal of Economic Theory}, - year = 1976, - volume = 13, - pages = {154--166} -} - -@ARTICLE{mishkin:durables, - author = {Mishkin, Frederic S.}, - title = {Consumer Sentiment and Spending on Durable Goods}, - journal = {Brookings Papers on Economic Activity, 1978:1}, - year = 1978, - pages = {217--231} -} - -@ARTICLE{mishkin:brookings, - author = {Mishkin, Frederic S.}, - title = {What Depressed the Consumer? The Household Balance Sheet and the 1973-75 Recession}, - journal = {Brookings Papers on Economic Activity, 1977:1}, - year = 1977, - pages = {123--164} -} - -@ARTICLE{mishkin:aer, - author = {Mishkin, Frederic S.}, - title = {Illiquidity, Consumer Durable Expenditure, and Monetary Policy}, - journal = {American Economic Review}, - year = 1976, - volume = 66, - pages = {642--654}, - number = 4 -} - -@TECHREPORT{misraSurico:heteroResponses, - author = {Kanisha Misra and Paolo Surico}, - title = {Heterogeneous Responses and Aggregate Impact of the 2001 Income Tax Rebates}, - institution = {CEPR}, - year = 2011, - type = {discussion paper}, - number = 8306 -} - -@article{modiglianiWealth, - author = {Modigliani, Franco}, - title = {The Life Cycle Hypothesis, the Demand for Wealth, and the Supply of Capital}, - journal = {Social Research}, - volume = 33, - pages = {160--217}, - year = 1966 -} - -@INCOLLECTION{modigliani:intercountry, - author = {Modigliani, Franco}, - title = {The Life Cycle Hypothesis of Saving and Inter-Country Differences in the Saving Ratio}, - booktitle = {Induction, Growth, and Trade: Essays in Honor of Sir Roy Harrod}, - publisher = {Clarendon Press}, - year = 1970, - editor = {Eltis, W.~A., et. al.}, - address = {London} -} - -@Article{modigliani:nobel, - Title = {Life Cycle, Individual Thrift, and the Wealth of Nations}, - Author = {Modigliani, Franco}, - Journal = {American Economic Review}, - Year = 1986, - Month = {June}, - Note = {Available at { \url{http://www.jstor.org/stable/1813352}}}, - Number = 76, - Pages = {297--313}, - Volume = 3, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1813352} -} - -@ARTICLE{ma63, - author = {Modigliani, Franco and Ando, Albert}, - title = {The Life Cycle Hypothesis of Saving: Aggregate Implications and Tests}, - journal = {American Economic Review}, - year = 1963, - volume = 53, - pages = {55--84}, - number = 1 -} - -@INCOLLECTION{modigliani&brumberg:lifecycle, - author = {Modigliani, Franco and Brumberg, Richard}, - title = {Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data}, - booktitle = {Post-Keynesian Economics}, - publisher = {Rutgers University Press}, - year = 1954, - editor = {Kurihara, Kenneth K.}, - pages = {388--436}, - address = {New Brunswick, N.J.} -} - -@ARTICLE{mmTheorem, - author = {Modigliani, Franco and Miller, Merton H.}, - title = {The Cost of Capital, Corporation Finance, and the Theory of Investment}, - journal = {American Economic Review}, - year = 1958, - volume = 48, - pages = {261--297}, - number = 3, - month = {June} -} - -@INCOLLECTION{moffitt02, - author = {Moffitt, Robert}, - title = {Welfare Programs and Labor Supply}, - booktitle = {Handbook of Public Economics}, - publisher = {Elsevier}, - year = 2002, - editor = {Auerbach, A. J. and Feldstein, M.}, - volume = 4, - series = {Handbook of Public Economics}, - chapter = 34, - pages = {2393--2430} -} - -@ARTICLE{moffittID, - author = {Moffitt, Robert}, - title = {Identification And Estimation Of Dynamic Models With A Time Series Of Repeated Cross-Sections}, - journal = {Journal of Econometrics}, - year = 1993, - volume = 59, - pages = {99--123}, - number = {1-2}, - publisher = {Elsevier} -} - -@ARTICLE{moffitt84, - author = {Moffitt, Robert}, - title = {The Estimation of a Joint Wage-Hours Labor Supply Model}, - journal = {Journal of Labor Economics}, - year = 1984, - volume = 2, - pages = {550--66}, - number = 4 -} - -@ARTICLE{moffitt&gottschalk08, - author = {Moffitt, Robert A. and Gottschalk, Peter}, - title = {Trends in Transitory Variance of Male Earnings in the U.S., 1970-2004}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{moffitt&gottschalk02, - author = {Moffitt, Robert A. and Gottschalk, Peter}, - title = {Trends in the Transitory Variance of Earnings in the United States}, - journal = {Economic Journal}, - year = 2002, - volume = 112 -} - -@ARTICLE{moffitt&gottschalk95, - author = {Moffitt, Robert A. and Gottschalk, Peter}, - title = {Trends in the Covariance Structure of Earnings in the U.S.: 1969-1987}, - journal = {Manuscript}, - year = 1995 -} - -@ARTICLE{mgCovariance, - author = {Moffitt, Robert and Gottschalk, Peter}, - title = {Trends in the Covariance Structure of Earnings in the U.S.: 1969--1987}, - journal = {Journal of Economic Inequality}, - year = 2011, - volume = 9, - pages = {439--459}, - note = {doi: 10.1007/s10888-010-9154-z}, - affiliation = {Johns Hopkins University, Baltimore, MD, USA}, - file = {/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/mgCovariance.pdf:/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/mgCovariance.pdf:PDF}, - issn = {1569-1721}, - issue = 3, - keyword = {Business and Economics}, - publisher = {Springer Netherlands}, - url = {http://dx.doi.org/10.1007/s10888-010-9154-z} -} - -@TECHREPORT{MooreJohnson:2005, - author = {Moore, Kevin and Johnson, Barry}, - title = {Consider the Source: Differences in Estimates of Income and Wealth from Survey and Tax Data}, - institution = {Federal Reserve Board, Internal Revenue Service}, - year = 2005, - address = {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/johnsmoore.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/johnsmoore.pdf}}, - month = {January} -} - -@ARTICLE{mor03, - author = {Moreira, Marcelo J.}, - title = {A Conditional Likelihood Ratio Test for Structural Models}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {1027--1048}, - number = 4 -} - -@ARTICLE{morris&shin:inertia, - author = {Morris, Stephen and Shin, Hyung Sohn}, - title = {The Inertia of Forward Looking Expectations}, - journal = {Manuscript, London School of Economics}, - year = 2005 -} - -@ARTICLE{mpSearch, - author = {Mortensen, Dale T and Pissarides, Christopher A}, - title = {Job Creation and Job Destruction in the Theory of Unemployment}, - journal = {Review of Economic Studies}, - year = 1994, - volume = 61, - pages = {397--415}, - number = 3, - month = {July}, - bdsk-url-1 = {http://ideas.repec.org/a/bla/restud/v61y1994i3p397-415.html}, - url = {http://ideas.repec.org/a/bla/restud/v61y1994i3p397-415.html} -} - -@ARTICLE{mroz87, - author = {Mroz, Thomas A}, - title = {The Sensitivity of an Empirical Model of Married Women's Hours of Work to Economic and Statistical Assumptions}, - journal = {Econometrica}, - year = 1987, - volume = 55, - pages = {765--99}, - number = 4 -} - -@ARTICLE{muellbauerFed, - author = {Muellbauer, John N.}, - title = {Housing, Credit, and Consumer Expenditure}, - journal = {Housing, Housing Finance, and Monetary Policy}, - year = 2007, - bdsk-url-1 = {http://www.kc.frb.org/publicat/sympos/2007/PDF/Muellbauer_0415.pdf}, - publisher = {Federal Reserve Bank of Kansas City}, - url = {http://www.kc.frb.org/publicat/sympos/2007/PDF/Muellbauer_0415.pdf} -} - -@ARTICLE{mulligan&xavier:transition, - author = {Mulligan, Casey and i Martin, Xavier Sala}, - title = {Transitional Dynamics in Two-Sector Models of Endogenous Growth}, - journal = {Quarterly Journal of Economics}, - year = 1993, - pages = {739--93}, - month = {August} -} - -@MISC{mulliganRBC, - author = {Mulligan, Casey B.}, - title = {Are Employers Unwilling to Hire, or Are Some Workers Unwilling to Work?}, - howpublished = {\url{http://economix.blogs.nytimes.com/2008/12/24/are-employers-unwilling-to-hire-or-are-workers-unwilling-to-work/}}, - year = 2008, - journal = {New York Times Economix Blog}, - volume = {January 8} -} - -@ARTICLE{Mulligan&sm:transdynam, - author = {{Mulligan, Casey B.} and {Xavier Sala-i-Martin}}, - title = {Transitional Dynamics in Two-Sector Models of Endogenous Growth}, - journal = {Quarterly Journal of Economics}, - year = 1993, - volume = {CVIII}, - pages = {739--773}, - number = 3, - month = {August} -} - -@TECHREPORT{mrMobilityIndia, - author = {Munshi, Kaivan and Rosenzweig, Mark}, - title = {Why is Mobility in India so Low? Social Insurance, Inequality, and Growth}, - institution = {National Bureau of Economic Research}, - year = 2009, - type = {Working Paper}, - number = 14850, - month = {April}, - abstract = {This paper examines the hypothesis that the persistence of low spatial and marital mobility in rural India, despite increased growth rates and rising inequality in recent years, is due to the existence of sub-caste networks that provide mutual insurance to their members. Unique panel data providing information on income, assets, gifts, loans, consumption, marriage, and migration are used to link caste networks to household and aggregate mobility. Our key finding, consistent with the hypothesis that local risk-sharing networks restrict mobility, is that among households with the same (permanent) income, those in higher-income caste networks are more likely to participate in caste-based insurance arrangements and are less likely to both out-marry and out-migrate. At the aggregate level, the networks appear to have coped successfully with the rising inequality within sub-castes that accompanied the Green Revolution. The results suggest that caste networks will continue to smooth consumption in rural India for the foreseeable future, as they have for centuries, unless alternative consumption-smoothing mechanisms of comparable quality become available.}, - bdsk-url-1 = {http://www.nber.org/papers/w14850}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w14850} -} - -@ARTICLE{muth:rational, - author = {Muth, John F.}, - title = {Rational Expectations and the Theory of Price Movements}, - journal = {Econometrica}, - year = 1961, - volume = 29, - pages = {315--35}, - number = 3, - month = {July} -} - -@article{muthOptimal, - author = {Muth, John F.}, - journal = {Journal of the American Statistical Association}, - number = 290, - pages = {299--306}, - title = {Optimal Properties of Exponentially Weighted Forecasts}, - volume = 55, - year = 1960, -} - -@ARTICLE{naik&moore:habits, - author = {Naik, Narayan and Moore, Michael}, - title = {Habit Formation and Intertemporal Substitution in Individual Food Consumption}, - journal = {Review of Economics and Statistics}, - year = 1996, - volume = 78, - pages = {321--328}, - number = 2 -} - -@BOOK{cnstatMeasuring, - title = {Measuring What We Spend: Toward a New Consumer Expenditure Survey}, - publisher = {The National Academies Press}, - year = 2012, - author = {{National Research Council}}, - note = {Don A. Dillman and Carol C. House, Editors; Panel on Redesigning the BLS Consumer Expenditure Surveys; Committee on National Statistics; Division of Behavioral and Social Sciences and Education}, - isbn = 9780309265751, - url = {http://www.nap.edu/openbook.php?record_id=13520} -} - -@ARTICLE{neave:inherit, - author = {Neave, Edwin H.}, - title = {Multiperiod Consumption-Investment Decisions and Risk Preference}, - journal = {Journal of Economic Theory}, - year = 1971, - volume = 3, - pages = {40--53}, - number = 1 -} - -@ARTICLE{nelson&startz:disease, - author = {{Nelson, Charles R.} and Startz, Richard}, - title = {The Distribution of the Instrumental Variables Estimator and its t-Ratio When the Instrument iIs a Poor One}, - journal = {Journal of Business}, - year = 1990, - volume = 63, - pages = {125--140} -} - -@ARTICLE{nwTelescoping, - author = {Neter, J. and Waksberg, J.}, - title = {A Study Of Response Errors In Expenditures Data From Household Interviews}, - journal = {Journal of the American Statistical Association}, - year = 1964, - pages = {18--55}, - publisher = {JSTOR} -} - -@ARTICLE{newey&west:hac, - author = {Newey, Whitney K. and West, Kenneth D.}, - title = {A Simple Positive Semi-Definite, Heteroskedasticity and Autorcorrelation Consistent Covariance Matrix}, - journal = {Econometrica}, - year = 1987, - volume = 55, - pages = {703--708} -} - -@ARTICLE{ng:acase, - author = {Ng, Y.~K.}, - title = {A Case for Happiness, Cardinalism, and Interpersonal Comparability}, - journal = {Economic Journal}, - year = 1997, - volume = 107, - pages = {1848--1858} -} - -@TECHREPORT{nielsenExpectations, - author = {Nielsen, Hannah}, - title = {Essays on Expectations}, - institution = {Aachen}, - year = 2003 -} - -@ARTICLE{nv:risk, - author = {Nielsen, Helena~Skyt and Vissing-Jorgensen, Annette}, - title = {The Impact of Labor Income Risk on Educational Choices: Estimates and Implied Risk Aversion}, - journal = {Manuscript}, - year = 2006 -} - -@ARTICLE{normanRuleOfLaw, - author = {Norman, Catherine S.}, - title = {Rule of Law And The Resource Curse: Abundance Versus Intensity}, - journal = {Environmental and Resource Economics}, - year = 2009, - volume = 43, - pages = {183--207}, - number = 2, - note = {\\ \url{http://www.springerlink.com/index/573331512G41V538.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/normanRuleOfLaw.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/normanRuleOfLaw.pdf:PDF}, - publisher = {Springer}, - url = {http://www.springerlink.com/index/573331512G41V538.pdf} -} - -@ARTICLE{ndfMontreal, - author = {Norman, Catherine S. and DeCanio, Stephen and Fan, Lin}, - title = {The Montreal Protocol at 20: Ongoing Opportunities For Integration With Climate Protection}, - journal = {Global Environmental Change}, - year = 2008, - volume = 18, - pages = {330--340}, - number = 2, - note = {\\ \url{http://www.sciencedirect.com/science/article/pii/S0959378008000198}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ndfMontreal.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ndfMontreal.pdf:PDF}, - url = {http://www.sciencedirect.com/science/article/pii/S0959378008000198} -} - -@ARTICLE{ow05, - author = {O'Reilly, Gerard and Whelan, Karl}, - title = {Has Euro-Area Inflatin Persistence Changed over Time?}, - journal = {Review of Economics and Statistics}, - year = 2005, - volume = 87, - pages = {709--720}, - number = 4 -} - -@ARTICLE{obstfeld:habitsdiagram, - author = {Obstfeld, Maury}, - title = {International Adjustment with Habit-Forming Consumption: A Diagrammatic Exposition}, - journal = {Review of International Economics}, - year = 1992, - volume = 1, - pages = {32--48}, - number = 1 -} - -@ARTICLE{orIntertemporal, - author = {Obstfeld, Maurice and Rogoff, Kenneth}, - title = {The Intertemporal Approach to the Current Account}, - journal = {in Handbook of International Economics, ed. by Gene M. Grossman and Kenneth Rogoff (North Holland, Amsterdam)}, - year = 1995, - volume = 3, - pages = {121--139} -} - -@BOOK{oecd04, - title = {Benefits and Wages: OECD Indicators}, - publisher = {Organization for Economic Co-operation and Development}, - year = 2004, - author = {OECD} -} - -@misc{carroll:reviewoecd, - journal = {Journal of Economic Literature}, - author = {OECD}, - year = 1997, - note = {Book Review}, - title = {Global Capital Shortages: Real Threat or Pure Fiction?} -} - -@BOOK{okunPandQ, - title = {Prices and Quantities: A Macroeconomic Analysis}, - publisher = {Brookings Institution Press}, - year = 1981, - author = {Okun, Arthur M.} -} - -@ARTICLE{ors:investment, - author = {Oliner, Stephen, Glenn D. Rudebusch and Sichel, Daniel}, - title = {New and Old Models of Business Investment: A Comparison of Forecasting Performance}, - journal = {Journal of Money, Credit, and Banking}, - year = 1995, - pages = {806--826}, - month = {August} -} - -@ARTICLE{ov97, - author = {Orazem, Peter F. and Vodopivec, Milan}, - title = {Value of Human Capital in transition to market: Evidence from {S}lovenia}, - journal = {European Economic Review}, - year = 1997, - volume = 41, - pages = {893--903}, - number = {3--5} -} - -@ARTICLE{orphanides:realtimeaer, - author = {Orphanides, Athanasios}, - title = {Monetary Policy Rules Based on Real-Time Data}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - pages = {964--985}, - number = 4, - month = {September}, - note = {available at http://ideas.repec.org/a/aea/aecrev/v91y2001i4p964-985.html} -} - -@ARTICLE{orphanides:rationaladdictjpe, - author = {Orphanides, Athanasios and Zervos, David}, - title = {Rational Addiction with Learning and Regret}, - journal = {Journal of Political Economy}, - year = 1995, - volume = 103, - pages = {739--58}, - number = 4, - month = {August}, - note = {available at http://ideas.repec.org/a/ucp/jpolec/v103y1995i4p739-58.html} -} - -@ARTICLE{OSY:2002, - author = {Ostergaard, Charlotte and Sorensen, Bent E. and Yosha, Oved}, - title = {Consumption and Aggregate Constraints: Evidence from U.S. States And Canadian Provinces}, - journal = {Journal of Polictical Economics}, - year = 2002, - volume = 110, - pages = {634--645}, - number = 3 -} - -@ARTICLE{ol92, - author = {{Osterwald--Lenum}, Michael}, - title = {A Note with Quantiles of the Asymptotic Distribution of the Maximum Likelihood Cointegration Rank Test Statistics}, - journal = {Oxford Bulletin of Economics and Statistics}, - year = 1992, - volume = 54, - pages = {461--472}, - number = 3 -} - -@TECHREPORT{Otsuka:2003, - author = {Ostuka, Misuzu}, - title = {Household Portfolio Choice with Illiquid Assets}, - institution = {Johns Hopkins University}, - year = 2003 -} - -@ARTICLE{oswald:happiness, - author = {Oswald, Andrew J.}, - title = {Happiness and Economic Performance}, - journal = {Economic Journal}, - year = 1997, - volume = 107, - pages = {1815--1831} -} - -@MISC{Otoo:1999, - author = {Otoo, Maria W.}, - title = {Consumer Sentiment and the Stock Market}, - howpublished = {Federal Reserve Board Finance and Discussion Series working paper no. 1999-60}, - year = 1999, - abstract = {This paper examines the relationship between movements in consumer sentiment and stock prices. At the aggregate level, the two share a strong contemporaneous relationship: an increase in equity values boosts sentiment. However, I examined the nature of the relationship between the two. Does an increase in stock prices raise aggregate sentiment because people are wealthier or because they use movements in stock prices as an indicator of future economic activity and potential labor income growth? Using individual observations from the Michigan survey I found results more consistent with the view that people use movements in equity prices as a leading indicator. Although the findings do not rule out a traditional wealth effect, they do raise some questions about the causal role of wealth in aggregate spending.} -} - -@ARTICLE{otoo:consumersentiment, - author = {Otoo, Maria Ward}, - title = {Consumer Sentiment and the Stock Market}, - journal = {Board of Governors of the Federal Reserve}, - year = 1999 -} - -@ARTICLE{overland:habits, - author = {Overland, Jody}, - title = {Optimal Saving with Stochastic Income and Habit Formation}, - journal = {Manuscript, Brown University}, - year = 1997 -} - -@ARTICLE{padulaApprox, - author = {Padula, Mario}, - title = {An Approximate Consumption Function}, - journal = {Presentation at Computing in Economics and Finance Meetings, Cyprus, 2006} -} - -@ARTICLE{pag84, - author = {Pagan, Adrian}, - title = {Econometric Issues in the Analysis of Regressions with Generated Regressors}, - journal = {International Economic Review}, - year = 1984, - volume = 25, - pages = {221--247}, - number = 1 -} - -@ARTICLE{palumbo:medical, - author = {Palumbo, Michael G}, - title = {Uncertain Medical Expenses and Precautionary Saving Near the End of the Life Cycle}, - journal = {Review of Economic Studies}, - year = 1999, - volume = 66, - pages = {395--421}, - number = 2, - note = {Available at {\url{http://ideas.repec.org/a/bla/restud/v66y1999i2p395-421.html}}} -} - -@ARTICLE{palumbo:medicalWP, - author = {Palumbo, Michael G.}, - title = {Precautionary Saving and Out-Of-Pocket Medical Expenditures Near the End of the Life Cycle}, - journal = {Manuscript, University of Houston}, - year = 1997 -} - -@ARTICLE{parente&prescott:technology, - author = {{Parente, Steven L.} and {Edward C. Prescott}}, - title = {Barriers to Technology Adoption and Development}, - journal = {Journal of Political Economy}, - year = 1994, - volume = 102, - pages = {298--321}, - number = 2 -} - -@ARTICLE{parkLiqConstrContinuous, - author = {Park, Myung-Ho}, - title = {An Analytical Solution to the Inverse Consumption Function with Liquidity Constraints}, - journal = {Economics Letters}, - year = 2006, - volume = 92, - pages = {389--394} -} - -@comment{parkerSocSec:socialsecurityOld} - -@ARTICLE{parkerSocSec, - author = {Parker, Jonathan A.}, - title = {The Reaction of Household Consumption to Predictable Changes in Social Security Taxes}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {959--973}, - number = 4, - month = {September} -} - -@ARTICLE{ParkerRiskReturn, - author = {Parker, Jonathan A.}, - title = {Consumption Risk and Expected Stock Returns}, - journal = {American Economic Review Papers and Proceedings}, - year = 2003, - volume = 93, - number = 2, - month = {May}, - note = {Available at { \url{http://ideas.repec.org/p/nbr/nberwo/9548.html}}} -} - -@INCOLLECTION{Parker:Spendthrift, - author = {Parker, Jonathan A.}, - title = {Spendthrift in America? On Two Decades of Decline in the U.S.\ Saving Rate}, - booktitle = {NBER Macroeconomics Annual 1999, Volume 14}, - publisher = {National Bureau of Economic Research, Inc}, - year = 2000, - series = {NBER Chapters}, - pages = {317--387}, - month = {July}, - bdsk-url-1 = {http://ideas.repec.org/h/nbr/nberch/11050.html}, - url = {http://ideas.repec.org/h/nbr/nberch/11050.html} -} - -@INCOLLECTION{parker_nberma_spendthrift, - author = {Parker, Jonathan A.}, - title = {Spendthrift in America? On Two Decades of Decline in the U.S.\ Saving Rate}, - booktitle = {NBER Macroeconomics Annual 1999, Volume 14}, - publisher = {National Bureau of Economic Research, Inc}, - year = 2000, - series = {NBER Chapters}, - pages = {317--387}, - month = {July}, - bdsk-url-1 = {http://ideas.repec.org/h/nbr/nberch/11050.html}, - url = {http://ideas.repec.org/h/nbr/nberch/11050.html} -} - -@ARTICLE{parkerSocSecReEst, - author = {Parker, Jonathan A.}, - title = {The Consumption Function Re-Estimated}, - journal = {Mimeo, Princeton University}, - year = 1999 -} - -@ARTICLE{pjLuxuries, - author = {Parker, Jonathan A and Julliard, Christian}, - title = {Consumption Risk And The Cross Section Of Expected Returns}, - journal = {Journal of Political Economy}, - year = 2005, - volume = 113, - pages = {185--222}, - number = 1, - publisher = {JSTOR} -} - -@ARTICLE{ParkerPrestonPrecaution, - author = {Parker, Jonathan A. and Preston, Bruce}, - title = {Precautionary Saving and Consumption Fluctuations}, - journal = {American Economic Review}, - year = 2005, - volume = 95, - pages = {1119--1143}, - number = 4, - month = {September} -} - -% Crossref = "NBERcarr11-1", - -@article{ParkerSoulelesCarroll-0-NBER, - title = "The Benefits of Panel Data in Consumer Expenditure Surveys", - author = "Jonathan A. Parker and Nicholas S. Souleles and Christopher D. Carroll", - year = 2014, - month = "July", - journal = {NBER Book Chapter Drafts Series}, - URL = "http://www.nber.org/chapters/c12674", - note = {At \url{http://www.nber.org/chapters/c12674}} -} - -% type = "Book", - -@book{NBERcarr11-1, - title = "Improving the Measurement of Consumer Expenditures", - editor = "Christopher Carroll and Thomas Crossley and John Sabelhaus", - institution = "National Bureau of Economic Research", - publisher = "University of Chicago Press", - year = 2015, - volume = 74, - series = {NBER-CRIW Series in Income and Wealth}, - URL = "http://www.nber.org/books/carr11-1", -} - -@ARTICLE{jps:rebatesWP, - author = {Parker, Jonathan A. and Souleles, Nicholas S. and Johnson, David S.}, - title = {Consumption and Tax Cuts: Evidence from the Randomized Income Tax Rebates of 2001}, - journal = {Manuscript, The Wharton School}, - year = 2003 -} - -@TECHREPORT{PSJM2008, - author = {Parker, Jonathan A. and Souleles, Nicholas S and Johnson, David S. and McClelland, Robert}, - title = {Consumer Spending and the Economic Stimulus Payments of 2008}, - institution = {National Bureau of Economic Research, Inc}, - year = 2011, - type = {NBER Working Papers}, - number = 16684 -} - -@TECHREPORT{pvWhoBears, - author = {Parker, Jonathan A. and Vissing-Jorgensen, Annette}, - title = {Who Bears Aggregate Fluctuations and How?}, - institution = {National Bureau of Economic Research, Inc}, - year = 2009, - type = {NBER Working Papers}, - number = 14665, - month = Jan, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/14665.html}, - url = {http://ideas.repec.org/p/nbr/nberwo/14665.html} -} - -@ARTICLE{pbStim, - author = {Parker, Jonathan and Broda, Christian}, - title = {The Economic Stimulus Payments of 2008 and the Aggregate Demand for Consumption}, - journal = {Manuscript, Northwestern University}, - year = 2011 -} - -@BOOK{paulos:innumeracy, - title = {Innumeracy: Mathematical Illiteracy and Its Consequences}, - publisher = {Vintage Books}, - year = 1990, - author = {Paulos, John Allen}, - address = {New York} -} - -@ARTICLE{paxson:sandg, - author = {Paxson, Christina H.}, - title = {Saving and Growth: Evidence from Micro Data}, - journal = {European Economic Review}, - year = 1995, - volume = 40, - pages = {255--88}, - month = {February} -} - -@ARTICLE{Pedroni2004, - author = {Pedroni, Peter}, - title = {Panel Cointegration: Asymptotic and Finite Sample Properties of Pooled Time Series Tests with an Application to the PPP Hypothesis}, - journal = {Econometric Theory}, - year = 2004, - volume = 20, - pages = {597--625} -} - -@ARTICLE{peek:saving, - author = {Peek, Joe}, - title = {Capital Gains and Personal Saving Behavior}, - journal = {Journal of Money, Credit, and Banking}, - year = 1983, - volume = 15, - pages = {1--23} -} - -@Article{pemberton:failure, - Title = {The Empircial Failure of the Life Cycle Model with Perfect Capital Markets}, - Author = {Pemberton, James}, - Journal = {Oxford Economic Papers}, - Year = 1997, - Note = {Available at {\url{http://www.jstor.org/stable/2663734}}}, - Number = 1, - Pages = {129--151}, - Volume = 49, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/2663734} -} - -@ARTICLE{pendakur:inequality, - author = {Pendakur, Krishna}, - title = {Taking Prices Seriously in the Measurement of Inequality}, - journal = {Journal of Public Economics}, - volume = 86, - pages = {47--69}, - number = 1 -} - -@ARTICLE{phelps69, - author = {Phelps, Edmund S.}, - title = {The New Microeconomics in Inflation and Employment Theory}, - journal = {American Economic Review}, - year = 1969, - volume = 59, - pages = {147--160}, - number = 2 -} - -@ARTICLE{phelps:golden, - author = {Phelps, Edmund S.}, - title = {The Golden Rule of Accumulation}, - journal = {American Economic Review}, - year = 1961, - pages = {638--642}, - month = {September}, - note = {Available at { \url{http://teaching.ust.hk/~econ343/PAPERS/Edmund Phelps-The Golden Rule of Accumulation- A fable for Growth Men.pdf}}} -} - -@ARTICLE{phelpsRisk, - author = {Phelps, Edward S.}, - title = {The Accumulation of Risky Capital: A Sequential Utility Analysis}, - journal = {Econometrica}, - year = 1960, - volume = 30, - pages = {729--743}, - number = 4 -} - -@ARTICLE{po90, - author = {Phillips, Peter C. B. and Ouliaris, Sam}, - title = {Asymptotic Properties of Residual Based Tests for Cointegration}, - journal = {Econometrica}, - year = 1990, - volume = 58, - pages = {165--193}, - number = 1 -} - -@ARTICLE{pst07, - author = {Monika Piazessi and Martin Schneider and Selale Tuzel}, - title = {Housing, Consumption and Asset Pricing}, - journal = {Journal of Financial Economics}, - year = 2007, - volume = 83, - pages = {531--569} -} - -@ARTICLE{pichette&tremblay:wealtheffects, - author = {Pichette, Lise and Tremblay, Dominique}, - title = {Are Wealth Effects Important for Canada?}, - journal = {Bank of Canada Working Paper 30}, - year = 2003 -} - -@TECHREPORT{pt03, - author = {Pichette, Lise and Tremblay, Dominique}, - title = {Are Wealth Effects Important for Canada?}, - institution = {Bank of Canada}, - year = 2003, - type = {working paper}, - number = 30 -} - -@ARTICLE{piergiorgio:stockmarket, - author = {Piergiorgio, Alessandri}, - title = {Aggregate Consumption and the Stock Market: A New Assessment of the Equity Wealth Effect}, - journal = {Manuscript, University of London}, - year = 2003 -} - -@TECHREPORT{pl03, - author = {Piger, Jeremy and Levin, Andrew}, - title = {Is Inflation Persistence Intrinsic in Industrial Economies?}, - institution = {Federal Reserve Bank of St. Louis}, - year = 2003, - type = {Federal Reserve Bank of St. Louis working paper.}, - number = 23 -} - -@ARTICLE{pigou:utility, - author = {Pigou, A. C.}, - title = {Some Remarks on Utility}, - journal = {Economic Journal}, - year = 1903, - pages = {58--68} -} - -@BOOK{pinker:mind, - title = {How the Mind Works}, - publisher = {W.W. Norton And Company}, - year = 1997, - author = {Pinker, Stephen} -} - -@ARTICLE{pischkeMicroMacro, - author = {Pischke, J{\"o}rn-Steffen}, - title = {Individual Income, Incomplete Information, and Aggregate Consumption}, - journal = {Econometrica}, - year = 1995, - volume = 63, - pages = {805--40}, - number = 4, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/pischkeMicroMacro.pdf}, -} - -@INPROCEEDINGS{ppsDistribution, - author = {Pistaferri, Luigi and Saporta-Eksten, Itay}, - title = {Changes in the Income Distribution and Aggregate Consumption}, - booktitle = {Federal Reserve Board meeting}, - year = 2012 -} - -@ARTICLE{pr07, - author = {Pivetta, Frederick and Reis, Ricardo}, - title = {The persistence of inflation in the United States}, - journal = {Journal of Economic Dynamics and Control}, - year = 2007, - volume = 34, - pages = {1326--1358}, - number = 1 -} - -@ARTICLE{ploner:wealtheffects, - author = {Ploner, Matteo}, - title = {The Financial Markets and Wealth Effects on Consumption}, - journal = {Universita Degli Di Trento Discussion Paper 6}, - year = 2003 -} - -@ARTICLE{polbornCalibration, - author = {Polborn, Mattias K.}, - title = {Calibrating The World And The World Of Calibration}, - journal = {Manuscript, University of Western Ontario}, - year = 2001, - note = {\url{http://publish.uwo.ca/~mpolborn/calibration.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/polbornCalibration.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/polbornCalibration.pdf:PDF}, - url = {http://publish.uwo.ca/~mpolborn/calibration.pdf} -} - -@ARTICLE{pollack:tastes, - author = {Pollack, Robert A.}, - title = {Endogenous Tastes in Demand and Welfare Analysis}, - journal = {American Economic Review}, - year = 1978, - volume = 68, - pages = {374--79} -} - -@BOOK{Porter:1990, - title = {The Competitive Advantage of Nations}, - publisher = {New York: Free Press}, - year = 1990, - author = {Porter, Michael E.} -} - -@INCOLLECTION{posen:cred2, - author = {Posen, Adam S.}, - title = {Declarations Are Not Enough: Financial Sector Sources of Central Bank Independence}, - booktitle = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 1995, - editor = {Bernanke, Ben S. and Rotemberg, Julio J.}, - pages = {258--74}, - address = {Cambridge, MA} -} - -@ARTICLE{posen:cred, - author = {Posen, Adam S.}, - title = {Central Bank Independence and Disinflationary Credibility: A Missing Link?}, - journal = {Oxford Economic Papers}, - year = 1998, - volume = 50, - pages = {335--59}, - number = 3 -} - -@ARTICLE{posen:credold, - author = {Posen, Adam S.}, - title = {Central Bank Independence and Disinflationary Credibility: A Missing Link?}, - journal = {Federal Reserve Bank of New York Staff Reports}, - year = 1995, - number = 1 -} - -@INCOLLECTION{poterba:taxportfolios, - author = {Poterba, James M.}, - title = {Taxation and Portfolio Structure: Issues and Implications}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, Tullio} -} - -@ARTICLE{Poterba:2000, - author = {Poterba, James M.}, - title = {Stock Market Wealth and Consumption}, - journal = {Journal of Economic Perspectives}, - year = 2000, - volume = 14, - pages = {99--118}, - number = 2, - abstract = {This paper explores the link between changes in the aggregate value of corporate stock and changes in consumer spending. It presents data on the distribution of corporate stock ownership based on the 1998 Survey of Consumer Finances. It also uses time-series evidence on the comovement of stock market wealth and various categories of consumer spending to calibrate {"}the wealth effect.{"} It concludes that in the year after a change in stock market values, consumer spending is likely to rise by between one and two cents for each dollar increase in the value of corporate stock.} -} - -@misc{carroll:reviewpoterba, - journal = {Journal of Economic Literature}, - author = {Poterba, James M.}, - year = 1996, - volume = 34, - number = 4, - note = {. Book Review}, - title = {International Comparisons of Household Saving} -} - -@ARTICLE{poterba:excise, - author = {Poterba, James M.}, - title = {Lifetime incidence and the distributional burden of excise taxes}, - journal = {American Economic Review}, - year = 1989, - volume = 79, - pages = {325--330} -} - -@ARTICLE{poterba&samwick:stockmarket, - author = {Poterba, James M. and Samwick, Andrew A.}, - title = {Stock Ownership Patterns, Stock Market Fluctuations, and Consumption}, - journal = {Brookings Paper on Economic Activity}, - year = 1995, - volume = 2, - pages = {295--372} -} - -@INCOLLECTION{powell, - author = {Powell, James L.}, - title = {Estimation of Semiparametric Models}, - booktitle = {Handbook of Econometrics}, - publisher = {Elsevier}, - year = 1994, - volume = 4, - pages = {2443--2521} -} - -@ARTICLE{prs:brookings, - author = {Prasad, Eswar and Rajan, Raghuram and Subramanian, Arvind}, - title = {Foreign Capital and Economic Growth}, - journal = {Brookings Papers on Economic Activity}, - year = 2007, - pages = {153--230} -} - -@ARTICLE{pratt:smallandlarge, - author = {Pratt, John W.}, - title = {Risk Aversion in the Small and in the Large}, - journal = {Econometrica}, - year = 1964, - volume = 32, - pages = {122--136} -} - -@ARTICLE{quadrini:entrepreneurship, - author = {Quadrini, Vincenzo}, - title = {Entrepreneurship, Saving, and Social Mobility}, - journal = {Review of Economic Dynamics}, - year = 2000, - volume = 3, - pages = {1--40}, - number = 1 -} - -@ARTICLE{quadrini:wealth, - author = {Quadrini, Vincenzo}, - title = {The Importance of Entrepreneurship for Wealth Concentration and Mobility}, - journal = {The Review of Income and Wealth}, - year = 1999, - volume = 45, - pages = {1--20} -} - -@ARTICLE{quadrini&riosrull:wealth, - author = {Quadrini, Vincenzo and R{\'}{i}os-Rull, Jos{\'}{e}-V{\'}{i}ctor}, - title = {Models of the Distribution of Wealth}, - journal = {Manuscript, University of Pennsylvania}, - year = 1997 -} - -@ARTICLE{quah:identification, - author = {Quah, Danny}, - title = {The Relative Importance of Permanent and Transitory Components: Identification and Some Theoretical Bounds}, - journal = {Econometrica}, - year = 1992, - volume = 60, - pages = {107--18}, - number = 1 -} - -@ARTICLE{quah:smooth, - author = {Quah, Danny}, - title = {Permanent and Transitory Movements in Labor Income: An Explanation for {``}Excess Smoothness{''} in Consumption}, - journal = {Journal of Political Economy}, - year = 1990, - volume = 98, - pages = {449--75}, - number = 3 -} - -@ARTICLE{rabin:psych, - author = {Rabin, Matthew}, - title = {Psychology and Economics}, - journal = {Journal of Economic Literature}, - year = 1998, - volume = {XXXVI}, - pages = {11--46}, - month = {March} -} - -@ARTICLE{rbm:lossaversion, - author = {Rabin, Matthew and Bowman, David and Minehart, Deborah}, - title = {Loss Aversion in a Consumption-Savings Model}, - journal = {Journal of Economic Behavior and Organization}, - year = 1999, - volume = 38, - pages = {155--178}, - number = 2, - month = {February} -} - -@ARTICLE{odonoghue&rabin:noworlater, - author = {Rabin, Matthew and O'Donoghue, Ted}, - title = {Doing It Now or Later}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {103--24}, - number = 1 -} - -@ARTICLE{rameyFrancisLeisure, - author = {Ramey, Valerie A. and Francis, Neville}, - title = {A Century of Work and Leisure}, - journal = {NBER Working Paper Number 12264}, - year = 2006 -} - -@UNPUBLISHED{Ravina:2005, - author = {Ravina, Enrichetta}, - title = {Habit Persistence and Keeping Up with the Joneses: Evidence from Micro Data}, - note = {Working Paper}, - month = {November}, - year = 2005 -} - -@ARTICLE{rebelo:long, - author = {Rebelo, Sergio T.}, - title = {Long-Run Policy Analysis and Long-Run Growth}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {500--521}, - number = 3, - month = {June} -} - -@ARTICLE{reisPortugal, - author = {Reis, Ricardo}, - title = {The Portuguese Slump-Crash and the Euro-Crisis}, - journal = {Brookings Papers on Economic Activity}, - year = 2013 -} - -@TECHREPORT{rei04, - author = {Reis, Ricardo}, - title = {Inattentive Consumers}, - institution = {Princeton University}, - year = 2004, - type = {mimeo} -} - -@ARTICLE{reiter:backward, - author = {Reiter, Michael}, - title = {Solving the Incomplete Markets Model with Aggregate Uncertainty by Backward Induction}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {28--35}, - number = 1, - month = {January} -} - -@ARTICLE{reiter08, - author = {Reiter, Michael}, - title = {Solving Heterogeneous-Agent Models by Backward Induction}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{reiter06, - author = {Reiter, Michael}, - title = {Solving Heterogeneous-Agent Models by Projection and Perturbation}, - journal = {Manuscript}, - year = 2006 -} - -@ARTICLE{reiter:recursive, - author = {Reiter, Michael}, - title = {Recursive Computation of Heterogeneous Agent Models}, - journal = {Paper Prepared for SITE Conference, Summer 2004, Stanford University}, - year = 2004 -} - -@ARTICLE{reiterRich, - author = {Reiter, Michael}, - title = {Do the rich save too much? How to explain the top tail of the wealth distribution}, - journal = {manuscript, Universitat Pompeu Fabra}, - year = 2004, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/reiterRich.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/reiterRich.pdf:PDF} -} - -@ARTICLE{csxanth3, - author = {Reyes-Morales, Sally E.}, - title = {Characteristics of Nonresponders in the Consumer Expenditure Quarterly Interview Survey}, - journal = {Consumer Expenditure Survey Anthology}, - year = 2005, - pages = {18--23}, - note = {\url{http://www.bls.gov/cex/anthology05/csxanth3.pdf}}, - file = {csxanth3.pdf:csxanth3.pdf:PDF}, - url = {http://www.bls.gov/cex/anthology05/csxanth3.pdf} -} - -@ARTICLE{csxanth4, - author = {Reyes-Morales, Sally E.}, - title = {Characteristics of Complete and Intermittent Responders in the Consumer Expenditure Quarterly Interview Survey}, - journal = {Consumer Expenditure Survey Anthology}, - year = 2003, - pages = {25--29}, - note = {\url{http://www.bls.gov/cex/anthology/csxanth4.pdf}}, - file = {csxanth4.pdf:csxanth4.pdf:PDF}, - url = {http://www.bls.gov/cex/anthology/csxanth4.pdf} -} - -@ARTICLE{reitzDisasters, - author = {Rietz, Thomas A.}, - title = {The Equity Risk Premium: A Solution}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 22, - pages = {117--131}, - number = 1 -} - -@ARTICLE{rrUnbounded, - author = {Rinc{\'o}n-Zapatero, Juan Pablo and Rodr{\i}guez-Palmero, Carlos}, - title = {Existence and Uniqueness of Solutions to the Bellman Equation in the Unbounded Case}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {pp.1519--1555}, - number = 5, - abstract = {We study the problem of the existence and uniqueness of solutions to the Bellman equation in the presence of unbounded returns. We introduce a new approach based both on consideration of a metric on the space of all continuous functions over the state space, and on the application of some metric fixed point theorems. With appropriate conditions we prove uniqueness of solutions with respect to the whole space of continuous functions. Furthermore, the paper provides new sufficient conditions for the existence of solutions that can be applied to fairly general models. It is also proven that the fixed point coincides with the value function and that it can be approached by successive iterations of the Bellman operator.}, - copyright = {Copyright © 2003 The Econometric Society}, - file = {ByCiteKey/rrUnbounded.pdf:ByCiteKey/rrUnbounded.pdf:PDF}, - issn = 00129682, - jstor_articletype ={research-article}, - jstor_formatteddate ={Sep., 2003}, - language = {English}, - publisher = {The Econometric Society}, - url = {http://www.jstor.org/stable/1555510} -} - -@ARTICLE{robertsStickyInfl, - author = {Roberts, John M.}, - title = {Is Inflation Sticky?}, - journal = {Journal of Monetary Economics}, - year = 1997, - pages = {173--196}, - number = 2 -} - -@ARTICLE{robertsQJE:inflexp, - author = {Roberts, John M.}, - title = {Inflation Expectations and the Transmission of Monetary Policy}, - journal = {Federal Reserve Board FEDS working paper Number 1998-43}, - year = 1998 -} - -@ARTICLE{roberts:phillips, - author = {Roberts, John M.}, - title = {New Keynesian Economics and the Phillips Curve}, - journal = {Journal of Money, Credit, and Banking}, - year = 1995, - volume = 27, - pages = {975--984}, - number = 4 -} - -@BOOK{robinson:philosophy, - title = {Economic Philosophy}, - publisher = {Aldine}, - year = 1962, - author = {Robinson, Joan}, - address = {Chicago} -} - -@ARTICLE{rodrikSavTransitions, - author = {Rodrik, Dani}, - title = {Saving Transitions}, - journal = {The World Bank Economic Review}, - year = 2000, - volume = 14, - pages = {481--507}, - number = 3, - publisher = {World Bank} -} - -@ARTICLE{rodrik:transitions, - author = {Rodrik, Dani}, - title = {Saving Transitions}, - journal = {Manuscript, Harvard University}, - year = 1999 -} - -@ARTICLE{romerFiscal, - author = {Romer, Christina D.}, - title = {What Do We Know about the Effects of Fiscal Policy? Separating Evidence from Ideology}, - journal = {Speech at Hamilton College, November}, - year = 2011 -} - -@BOOK{romer:text, - title = {Advanced Macroeconomics}, - publisher = {McGraw-Hill/Irwin}, - year = 2011, - author = {Romer, David}, - edition = {Fourth} -} - -@INCOLLECTION{romer:capform, - author = {Romer, Paul M.}, - title = {Capital Accumulation in the Theory of Long Run Growth}, - booktitle = {Modern Business Cycle Theory}, - publisher = {Harvard University Press}, - year = 1989, - editor = {Barro, Robert J.}, - address = {Cambridge, Massachusetts} -} - -@ARTICLE{Romer:1986, - author = {Romer, Paul M}, - title = {Increasing Returns and Long-Run Growth}, - journal = {Journal of Political Economy}, - year = 1986, - volume = 94, - pages = {1002--37}, - number = 5, - month = {October} -} - -@ARTICLE{romer:growth, - author = {Romer, Paul M.}, - title = {Increasing Returns and Long Run Growth}, - journal = {Journal of Political Economy}, - year = 1986, - volume = 94, - pages = {1002--37}, - month = {October} -} - -@INCOLLECTION{rotemberg&woodford:macroannual, - author = {Rotemberg, Julio J. and Woodford, Michael}, - title = {An Optimization-Based Econometric Model for the Evaluation of Monetary Policy}, - booktitle = {NBER Macroeconomics Annual, 1997}, - publisher = {MIT Press}, - year = 1997, - editor = {Bernanke, Benjamin S. and Rotemberg, Julio J.}, - volume = 12, - pages = {297--346}, - address = {Cambridge, MA} -} - -@ARTICLE{rotembergWoodfordPred, - author = {Rotemberg, Julio J. and Woodford, Michael}, - title = {Real Business Cycle Models and the Forecastable Movements in Output, Hours and Consumption}, - journal = {American Economic Review}, - year = 1996, - volume = 86, - pages = {71--89}, - number = 1, - month = {January} -} - -@ARTICLE{roth&erev:learning, - author = {Roth, Alvin and Erev, Ido}, - title = {Learning in Extensive-Form Games: Experimental Data and Simple Dynamic Models in the Intermediate Term}, - journal = {Games and Economic Behavior}, - year = 1995, - volume = 8, - pages = {164--212} -} - -@ARTICLE{Rudd2006, - author = {Jeremy Rudd and Karl Whelan}, - title = {A Note on the Cointegration of Consumption, Income, and Wealth}, - journal = {Review of Economic Dynamics}, - year = 2006, - volume = 9, - pages = {34--51} -} - -@ARTICLE{rwCWRatio, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Empirical Proxies for the Consumption-Wealth Ratio}, - journal = {Review of Economic Dynamics}, - year = 2006, - volume = 9, - pages = {34--51}, - month = {January} -} - -@ARTICLE{rwAER06, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Can Rational Expectations Sticky-Price Models Explain Inflation Dynamics?}, - journal = {American Economic Review}, - year = 2006, - volume = 96, - pages = {303--320}, - number = 1 -} - -@TECHREPORT{rw03, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Can Rational Expectations Sticky-Price Models Explain Inflation Dynamics?}, - institution = {Federal Reserve Bank of Boston}, - year = 2005, - type = {mimeo} -} - -@TECHREPORT{rw05, - author = {Jeremy Rudd and Karl Whelan}, - title = {Modelling Inflation Dynamics: A Critical Survey of Recent Research}, - institution = {Federal Reserve Bank of Boston}, - year = 2005, - type = {mimeo} -} - -@TECHREPORT{rw02, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Empirical Proxies for the Consumption--Wealth Ratio}, - institution = {Federal Reserve Board}, - year = 2002, - type = {FEDS working paper}, - number = 38 -} - -@BOOK{runciman:deprivation, - title = {Relative Deprivation and Social Justice: A Study of Attitudes to Social Inequality in Twentieth-Century England}, - publisher = {University of California Press}, - year = 1966, - author = {Runciman, W. G.}, - address = {Berkeley} -} - -@ARTICLE{runkle:PSID, - author = {Runkle, David E.}, - title = {Liquidity Constraints and the Permanent Income Hypothesis: Evidence from Panel Data}, - journal = {Journal of Monetary Economics}, - year = 1991, - volume = 27, - pages = {39--98}, - number = 1 -} - -@ARTICLE{ryder&heal:optgrow, - author = {{Ryder, Harl} and {Geoffrey Heal}}, - title = {Optimal Growth with Intertemporally Dependent Preferences}, - journal = {Review of Economic Studies}, - year = 1973, - volume = 40, - pages = {1--31}, - month = {January} -} - -@ARTICLE{sabelhaus&groen:measurement, - author = {Sabelhaus, John and Groen, Jeff}, - title = {Can Permanent-Income Theory Explain Cross-Section Consumption Patterns?}, - journal = {Manuscript, Congressional Budget Office}, - year = 1998 -} - -@ARTICLE{sjasgghByIncome, - author = {John Sabelhaus and David Johnson and Stephen Ash and David Swanson and Thesia Garner and John Greenlees and Steve Henderson}, - title = {Is the Consumer Expenditure Survey Representative by Income?}, - journal = {CRIW, University of Chicago Press}, - year = 2012, - month = {March 13} -} - -@article{szWIneq_MS, - author = {Emmanuel Saez and Gabriel Zucman}, - title = {Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data}, - year = {forthcoming}, -} - -@article{szWIneq, - title = "Wealth Inequality in the United States Since 1913: Evidence from Capitalized Income Tax Data", - author = "Emmanuel Saez and Gabriel Zucman", - institution = "National Bureau of Economic Research", - journal = {Quarterly Journal of Economics}, - year = 2016, - month = "May", - doi = {10.1093/qje/qjw004.}, - URL = "http://www.nber.org/papers/w20625", - abstract = {This paper combines income tax returns with Flow of Funds data to estimate the distribution of household wealth in the United States since 1913. We estimate wealth by capitalizing the incomes reported by individual taxpayers, accounting for assets that do not generate taxable income. We successfully test our capitalization method in three micro datasets where we can observe both income and wealth: the Survey of Consumer Finance, linked estate and income tax returns, and foundations' tax records. Wealth concentration has followed a U-shaped evolution over the last 100 years: It was high in the beginning of the twentieth century, fell from 1929 to 1978, and has continuously increased since then. The rise of wealth inequality is almost entirely due to the rise of the top 0.1\% wealth share, from 7\% in 1979 to 22\% in 2012--a level almost as high as in 1929. The bottom 90\% wealth share first increased up to the mid-1980s and then steadily declined. The increase in wealth concentration is due to the surge of top incomes combined with an increase in saving rate inequality. Top wealth-holders are younger today than in the 1960s and earn a higher fraction of total labor income in the economy. We explain how our findings can be reconciled with Survey of Consumer Finances and estate tax data.}, -} - -@techreport{NBERw20625, - title = "Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data", - author = "Emmanuel Saez and Gabriel Zucman", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = 20625, - year = 2014, - month = "October", - doi = {10.3386/w20625}, - URL = "http://www.nber.org/papers/w20625", - abstract = {This paper combines income tax returns with Flow of Funds data to estimate the distribution of household wealth in the United States since 1913. We estimate wealth by capitalizing the incomes reported by individual taxpayers, accounting for assets that do not generate taxable income. We successfully test our capitalization method in three micro datasets where we can observe both income and wealth: the Survey of Consumer Finance, linked estate and income tax returns, and foundations' tax records. Wealth concentration has followed a U-shaped evolution over the last 100 years: It was high in the beginning of the twentieth century, fell from 1929 to 1978, and has continuously increased since then. The rise of wealth inequality is almost entirely due to the rise of the top 0.1\% wealth share, from 7\% in 1979 to 22\% in 2012--a level almost as high as in 1929. The bottom 90\% wealth share first increased up to the mid-1980s and then steadily declined. The increase in wealth concentration is due to the surge of top incomes combined with an increase in saving rate inequality. Top wealth-holders are younger today than in the 1960s and earn a higher fraction of total labor income in the economy. We explain how our findings can be reconciled with Survey of Consumer Finances and estate tax data.}, -} - -@techreport{deNardi2015, - title = {Quantitative Models of Wealth Inequality: A Survey}, - author = {Mariacristina {De Nardi}}, - institution = {National Bureau of Economic Research}, - type = {working paper}, - series = {Working Paper Series}, - number = 21106, - year = 2015, - month = {April}, -} - -@TechReport{cozzi2012, - author = {Marco Cozzi}, - title = {Risk Aversion Heterogeneity, Risky Jobs and Wealth Inequality}, - year = 2012, - month = Dec, - institution = {Queen's University, Department of Economics}, - type = {Working Papers}, -} - -@INPROCEEDINGS{kruegerMitmanPerri:handbookMacro, - author = {Dirk Krueger and Kurt Mitman and Fabrizio Perri}, - title = {Macroeconomics and Heterogeneity, Including Inequality}, - booktitle = {Handbook of Macroeconomics}, - year = {forthcoming}, - editor = {John Taylor and Harald Uhlig}, - publisher = {North Holland}, - owner = {Jirka}, - url = {http://economics.sas.upenn.edu/~dkrueger/research/Handbook.pdf} -} - -@ARTICLE{saez02, - author = {Saez, Emmanuel}, - title = {Optimal Income Transfer Programs: Intensive Versus Extensive Labor Supply Responses}, - journal = {The Quarterly Journal of Economics}, - year = 2002, - volume = 117, - pages = {1039--1073}, - number = 3 -} - -@UNPUBLISHED{Safir2011, - author = {Safir, Adam}, - title = {Measurement Error and Gemini Project Overview}, - note = {CNSTAT Panel Briefing, February}, - month = {February}, - year = 2011 -} - -@ARTICLE{sag99, - author = {Saget, Catherine}, - title = {The determinants of female labour supply in {H}ungary}, - journal = {Economics of Transition}, - year = 1999, - volume = 7, - pages = {575--591}, - number = 17 -} - -@ARTICLE{sahmRiskChange, - author = {Sahm, Claudia}, - title = {How Much Does Risk Tolerance Change?}, - journal = {Finance and Economics Discussion Series}, - year = 2007, - volume = 66, - note = {\url{http://www.federalreserve.gov/Pubs/Feds/2007/200766/revision/200766pap.pdf}}, - abstract = {Stability of preferences is central to how economists study behavior. This paper uses panel data on hypothetical gambles over lifetime income in the Health and Retirement Study to quantify changes in risk tolerance over time and differences across individuals. The maximum-likelihood estimation of a correlated random effects model utilizes information from 12,000 respondents in the 1992-2002 HRS. The results are consistent with constant relative risk aversion and career selection based on preferences. While risk tolerance changes with age and macroeconomic conditions, persistent differences across individuals account for 73 percent of the systematic variation.}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/sahmRiskChange.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/sahmRiskChange.pdf:PDF}, - url = {http://www.federalreserve.gov/Pubs/Feds/2007/200766/revision/200766pap.pdf} -} - -@ARTICLE{sssMail, - author = {Claudia R. Sahm and Matthew D. Shapiro and Joel Slemrod}, - title = {Check in the Mail or More in the Paycheck: Does the Effectiveness of Fiscal Stimulus Depend on How It Is Delivered?}, - journal = {FEDS Working Paper No. 2010-40}, - year = 2010 -} - -@ARTICLE{Sahmetal:2008TaxRebates, - author = {Sahm, Claudia R. and Shapiro, Matthew D. and Slemrod, Joel B.}, - title = {Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications}, - journal = {Tax Policy and the Economy}, - year = 2010, - volume = 24, - pages = {69--110} -} - -@ARTICLE{Sahm2009, - author = {Sahm, Claudia R. and Shapiro, Matthew D. and Slemrod, Joel B.}, - title = {Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications}, - journal = {NBER Working Paper Number W15421}, - year = 2009, - month = Oct, - institution = {National Bureau of Economic Research, Inc} -} - -@ARTICLE{salaimartin:lecnotes, - author = {Sala-i-Martin, Xavier}, - title = {Lecture Notes on Economic Growth II: Five Prototype Models of Endogenous Growth}, - journal = {NBER Working Paper Number 3564}, - year = 1990, - month = {December}, - note = {\url{http://ideas.repec.org/p/nbr/nberwo/3564.html}}, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/3564.html}, - url = {http://ideas.repec.org/p/nbr/nberwo/3564.html} -} - -@INCOLLECTION{Sala-i-Martin:1992, - author = {Sala-i-Martin, Xavier and Sachs, Jeffrey}, - title = {Fiscal Federalism and optimum currency areas: Evidence for Europe from the United States}, - booktitle = {Establishing a central bank: Issues in Europe for lessons from the U.S.}, - publisher = {Cambridge University Press}, - year = 1992, - editor = {adn Vittorio Grilli, Matthew Canzoneri and Masson, Paul} -} - -@ARTICLE{samuelsonJudgment, - author = {Samuelson, Paul A.}, - title = {The Judgment of Economic Science on Rational Portfolio Management: Indexing, Timing, and Long-Horizon Effects}, - journal = {The Journal of Portfolio Management}, - year = 1989, - volume = 16, - pages = {4--12}, - number = 1, - publisher = {Institutional Investor Journals} -} - -@ARTICLE{samuelson:portfolio, - author = {Samuelson, Paul A.}, - title = {Lifetime Portfolio Selection by Dynamic Stochastic Programming}, - journal = {Review of Economics and Statistics}, - year = 1969, - volume = 51, - pages = {239--46} -} - -@ARTICLE{samuelsonFallacy, - author = {Samuelson, Paul A}, - title = {Risk and Uncertainty: A Fallacy of Large Numbers}, - journal = {Scientia}, - year = 1963, - volume = 98, - pages = {108--113}, - number = {4-5} -} - -@ARTICLE{samuelson:olg, - author = {Samuelson, Paul A.}, - title = {An exact consumption loan model of interest with or without the social contrivance of money}, - journal = {Journal of Political Economy}, - year = 1958, - volume = 66, - pages = {467--482} -} - -@ARTICLE{samuelsonI, - author = {Samuelson, Paul A.}, - title = {Interaction Between the Multiplier Analysis and the Principle of Acceleration}, - journal = {Review of Economics and Statistics}, - year = 1939, - volume = 21, - pages = {75--78}, - number = 2 -} - -@ARTICLE{samwick:pensions, - author = {Samwick, Andrew A.}, - title = {The Limited Offset Between Pension Wealth and Other Private Wealth: Implications of Buffer-Stock Saving}, - journal = {Manuscript, Department of Economics, Dartmouth College}, - year = 1995 -} - -@INCOLLECTION{sandmo:opttax, - author = {Sandmo, ~A.}, - title = {The Effects of Taxation on Savings and Risk Taking}, - booktitle = {Handbook of Public Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1985, - editor = {{Alan J. Auerbach} and {Martin S. Feldstein}}, - address = {New York} -} - -@ARTICLE{sandriKFlows, - author = {Sandri, Damiano}, - title = {Growth and Capital Flows with Risky Entrepreneuship}, - journal = {IMF Working Paper No.10/37}, - year = 2010, - file = {sandriKFlows.pdf:sandriKFlows.pdf:PDF} -} - -@article{sandri:growthcapflows, - Author = {Damiano Sandri}, - Journal = {American Economic Journal: Macroeconomics}, - Title = {Growth and Capital Flows with Risky Entrepreneuship}, - Volume = 6, - Number = 3, - Pages = {102-23}, - Year = 2014, - url = {http://dx.doi.org/10.1257/mac.6.3.102}, - note = {http://llorracc.net/Papers/sandriGrowth.pdf} -} - -@ARTICLE{sandri:growthcapflows-JHU, - author = {Sandri, Damiano}, - title = {Growth and Capital Flows with Risky Entrepreneurship}, - journal = {Manuscript, Johns Hopkins University}, - year = 2008 -} - -@ARTICLE{santaClaraValkanovPrez, - author = {Santa-Clara, Pedro and Valkanov, Rossen I.}, - title = {The Presidential Puzzle: Political Cycles and the Stock Market}, - journal = {Journal of Finance}, - year = 2003, - volume = 58, - pages = {1841--1872}, - month = {October} -} - -@BOOK{sargentBlackBook, - title = {Macroeconomic Theory, Second Edition}, - publisher = {Academic Press}, - year = 1987, - author = {Sargent, Thomas}, - address = {Orlando, Florida} -} - -@INCOLLECTION{sargent:modinfl, - author = {Sargent, Thomas J.}, - title = {Stopping Moderate Inflations: The Methods of Poincare and Thatcher}, - booktitle = {Inflation, Debt, and Indexation}, - publisher = {MIT Press}, - year = 1983, - editor = {Dornbusch, Rudiger and Simonsen, M.}, - pages = {54--96}, - address = {Cambridge, MA} -} - -@INCOLLECTION{sargent:biginfl, - author = {Sargent, Thomas J.}, - title = {The Ends of Four Big Inflations}, - booktitle = {Inflation: Causes and Consequences}, - publisher = {University of Chicago Press}, - year = 1982, - editor = {Hall, Robert E.}, - address = {Chicago} -} - -@BOOK{sargent:bounded, - title = {Bounded Rationality in Macroeconomics}, - publisher = {Oxford University Press}, - year = 1993, - author = {Sargent, Thomas J.}, - address = {Oxford} -} - -@BOOK{lsRecurse, - title = {Recursive Macroeconomic Theory}, - publisher = {The MIT Press}, - year = 2012, - author = {Sargent, Thomas J. and Ljunqvist, Lars}, - address = {Cambridge, MA} -} - -@ARTICLE{schectman:fluctuation, - author = {Schectman, Jack}, - title = {An Income Fluctuation Problem}, - journal = {Journal of Economic Theory}, - year = 1976, - volume = {XII}, - pages = {218--41} -} - -@ARTICLE{sen:poor, - author = {Sen, Amartya}, - title = {Poor, Relatively Speaking}, - journal = {Oxford Economic Papers}, - year = 1983, - volume = 35, - pages = {153--169} -} - -@BOOK{Sethi:Thompson:2000, - title = {Optimal Control Theory: Applications to Management Science and Economics}, - publisher = {Kluwer Academic Publishers}, - year = 2000, - author = {Sethi, S.P. and Thompson, G.L.}, - address = {Boston} -} - -@ARTICLE{shapiro:PSID, - author = {Shapiro, Matthew D.}, - title = {The Permanent Income Hypothesis and the Real Interest Rate: Some Evidence from Panel Data}, - journal = {Economics Letters}, - year = 1984, - volume = 14, - pages = {93--100}, - number = 1 -} - -@article{shapiroSlemrod:2008rebates, - author = {Shapiro, Matthew W. and Slemrod, Joel B.}, - journal = {American Economic Review}, - number = 2, - pages = {374--379}, - title = {Did the 2008 Tax Rebates Stimulate Spending?}, - volume = 99, - year = 2009, - note = {\url{http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf}}, - url = {http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf} -} - -@ARTICLE{ssBangOld, - author = {Shapiro, Matthew D. and Joel Slemrod}, - title = {Did the 2008 Tax Rebates Stimulate Spending?}, - journal = {Manuscript, University of Michigan}, - year = 2009, - note = {\url{http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf}}, - url = {http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf} -} - -@ARTICLE{shapiroSlemrod:AER03, - author = {Matthew D. Shapiro and Joel Slemrod}, - title = {Consumer Response to Tax Rebates}, - journal = {American Economic Review}, - year = 2003, - volume = 93, - pages = {381--396}, - number = 1 -} - -@ARTICLE{shapiro&slemrod:timing, - author = {Shapiro, Matthew D. and Slemrod, Joel B.}, - title = {Consumer Response to the Timing of Income: Evidence from a Change in Tax Withholding}, - journal = {American Economic Review}, - year = 1995, - volume = 85, - pages = {274--283}, - number = 1, - month = {March} -} - -@ARTICLE{shea:iv, - author = {Shea, John}, - title = {Instrument Relevance in Multivariate Linear Models: A Simple Measure}, - journal = {Review of Economics and Statistics}, - year = 1997, - volume = 49, - pages = {348--352}, - number = 2 -} - -@ARTICLE{shea:unions, - author = {Shea, John}, - title = {Union Contracts and the Life-Cycle/Permanent-Income Hypothesis}, - journal = {American Economic Review}, - year = 1995, - volume = 85, - pages = {186--200}, - number = 1, - month = {March} -} - -@ARTICLE{ShieldsTo2005, - author = {Jennifer Shields and Nhien To}, - title = {Learning to Say No: Conditioned Underreporting in an Expenditure Survey}, - journal = {American Association for Public OpinionResearch - American Statistical Association, Proceedings of the Section on Survey Research Methods}, - year = 2005, - pages = {3963--8} -} - -@MISC{shillerHousingBubble, - author = {Shiller, Robert}, - title = {Yale Professor Predicts Housing `Bubble' Will Burst}, - howpublished = {Interview with National Public Radio}, - month = {June 3}, - year = 2005 -} - -@TECHREPORT{Shiller:2004, - author = {Shiller, Robert J.}, - title = {Household Reaction to Chagnes in Housing Wealth}, - institution = {Cowles Foundation for Research in Economics, Yale University}, - year = 2004, - note = {Discussion Paper NO. 1459} -} - -@ARTICLE{shiller:behavior, - author = {Shiller, Robert J.}, - title = {Human Behavior and the Efficiency of the Financial System}, - journal = {Manuscript, Yale University}, - year = 1997 -} - -@BOOK{shiller:markets, - title = {Macro Markets: Creating Institutions for Managing Society's Largest Economic Risks}, - publisher = {Oxford University Press}, - year = 1993, - author = {Shiller, Robert J.} -} - -@ARTICLE{shirvani&wilbratte:asymmetry, - author = {Shirvani, Hassan and Wilbratte, Barry}, - title = {Does Consumption Respond More Strongly to Stock Market Declines than to Increases?}, - journal = {International Economic Review}, - year = 2000, - volume = 14, - pages = {41--49} -} - -@ARTICLE{shore:couples, - author = {Shore, Stephen H.}, - title = {The Co-Movement of Couples' Incomes}, - journal = {Manuscript, University of Pennsylvania, Wharton School}, - year = 2006 -} - -@TECHREPORT{sw06, - author = {Shore, Stephen H. and White, Joshua S.}, - title = {External Habit Formation and the Home Bias Puzzle}, - institution = {The Wharton School, University of Pennsylvania}, - year = 2006, - type = {working paper} -} - -@ARTICLE{sibley:optimalc, - author = {Sibley, David S.}, - title = {Permanent and Transitory Income Effects in a Model of Optimal Consumption with Wage Income Uncertainty}, - journal = {Journal of Economic Theory}, - year = 1975, - volume = 11, - pages = {68--82} -} - -@ARTICLE{SibleyPIH, - author = {Sibley, David S.}, - title = {Permanent and Transitory Effects of Optimal Consumption with Wage Income Uncertainty}, - journal = {Journal of Economic Theory}, - year = 1975, - pages = {68--82} -} - -@ARTICLE{sichel:inventories, - author = {Sichel, Daniel S.}, - title = {Inventories and the Three Stages of the Business Cycle}, - journal = {Journal of Business and Economic Statistics}, - year = 1994, - volume = 12, - pages = {269--277} -} - -@ARTICLE{sichel:3states, - author = {Sichel, Daniel S.}, - title = {Business Cycle Asymmetries: A Deeper Look}, - journal = {Economic Inquiry}, - year = 1993, - pages = {224--236} -} - -@MISC{silverPolls2012, - author = {Silver, Nate}, - title = {Which Polls Fared Best and Worst in the 2012 Presidential Race?}, - month = {Nov}, - year = 2012, - note = {\url{http://fivethirtyeight.blogs.nytimes.com/2012/11/10/which-polls-fared-best-and-worst-in-the-2012-presidential-race/}}, - day = 10, - journal = {New York Times, FiveThirtyEight Blog}, - url = {http://fivethirtyeight.blogs.nytimes.com/2012/11/10/which-polls-fared-best-and-worst-in-the-2012-presidential-race/} -} - -@PHDTHESIS{simonivcOperators, - author = {Simoni{\v}{c}, A.}, - title = {An {Extension} of {Lomonosov's} {Techniques} to {Non}-{Compact} {Operators}}, - school = {Dalhousie University, Department of Mathematics, Statistics, \& Computing Science}, - year = 1994 -} - -@UNPUBLISHED{Sim91, - author = {Simoni{\v}{c}, A.}, - title = {Notes on {Subharmonic} {Functions}}, - note = {Lecture Notes, Dalhousie University, Department of Mathematics, Statistics, \& Computing Science}, - year = 1991 -} - -@TECHREPORT{sims05, - author = {Sims, Christopher}, - title = {Rational Inattention: A Research Agenda}, - institution = {Deutsche Bundesbank}, - year = 2005, - type = {Deutsche Bundesbank discussion paper}, - number = 34 -} - -@ARTICLE{simsInattention, - author = {Sims, Christopher}, - title = {Implications of Rational Inattention}, - journal = {Journal of Monetary Economics}, - year = 2003, - volume = 50, - pages = {665--690}, - number = 3, - note = {available at \url{http://ideas.repec.org/a/eee/moneco/v50y2003i3p665-690.html}} -} - -@ARTICLE{simsQJE:inattention, - author = {Sims, Christopher A.}, - title = {Implications of Rational Inattention}, - journal = {Manuscript, Yale University}, - year = 2001 -} - -@MISC{sims:backsolve, - author = {Sims, Christopher A.}, - title = {Solving Nonlinear Stochastic Optimization and Equilibrium Problems Backwards}, - howpublished = {Institute for Empirical Macroeconomics Discussion Paper 15, Federal Reserve Bank of Minneapolis and University of Minnesota}, - year = 1989 -} - -@ARTICLE{sirziz03, - author = {Sirovatka, Tomas and Zizlavsky, Martin}, - title = {Unemployment and Work Incentives ({N}ezamestnanost a pracovni pobidky)}, - journal = {Political Economy (Politicka ekonomie)}, - year = 2003, - volume = 51, - pages = {391--406}, - number = 3, - note = {In Czech} -} - -@INCOLLECTION{skinner:houseUS, - author = {Skinner, Jonathan S.}, - title = {Housing and Saving in the U.S.}, - booktitle = {Housing Markets in the United States and Japan}, - publisher = {University of Chicago Press for NBER}, - year = 1994, - editor = {Noguchi, Yoshiro and Poterba, James M.}, - address = {Chicago:} -} - -@INCOLLECTION{skinner:sideshow, - author = {Skinner, Jonathan S.}, - title = {Is Housing Wealth a Sideshow?}, - booktitle = {Advances in the Economics of Aging}, - publisher = {University of Chicago Press for NBER}, - year = 1994, - editor = {Wise, David}, - address = {Chicago:} -} - -@ARTICLE{skinner:jme, - author = {Skinner, Jonathan S.}, - title = {Risky Income, Life Cycle Consumption, and Precautionary Savings}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 22, - pages = {237--255} -} - -@ARTICLE{sv:Ed, - author = {Skyt Nielsen, Helena and Annette Vissing-J{\o}rgensen}, - title = {The Impact of Labor Income Risk on Educational Choices: Estimates and Implied Risk Aversion}, - journal = {Manuscript, Kellogg School, Northwestern University}, - year = 2006, - month = {January}, - bdsk-url-1 = {http://www.kellogg.northwestern.edu/faculty/vissing/htm/nielsen_vissing2006.pdf}, - url = {http://www.kellogg.northwestern.edu/faculty/vissing/htm/nielsen_vissing2006.pdf} -} - -@ARTICLE{sla09, - author = {Sla{\-}calek, Jiri}, - title = {What Drives Personal Consumption? The Role of Housing and Financial Wealth}, - journal = {The B.E. Journal of Macroeconomics}, - year = 2009, - volume = 9, - pages = {article 37}, - number = 1, - institution = {German Institute for Economic Research, DIW Berlin}, - type = {mimeo} -} - -@TECHREPORT{slacalekDrives, - author = {Sla{\-}calek, Jiri}, - title = {What Drives Personal Consumption? {T}he Role of Housing and Financial Wealth}, - institution = {German Institute for Economic Research, DIW Berlin}, - year = 2006, - type = {discussion paper}, - number = 647 -} - -@ARTICLE{slacalek:coint, - author = {Sla{\-}calek, Jiri}, - title = {International Evidence On Cointegration Between Consumption, Income, And Wealth}, - journal = {Manuscript, Johns Hopkins University}, - year = 2005, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/slacalek/research/cointegration.pdf}, - url = {https://www.econ2.jhu.edu/people/slacalek/research/ cointegration.pdf} -} - -@TECHREPORT{slacalek:cwunstable, - author = {Sla{\-}calek, Jiri}, - title = {International Evidence on Cointegration between Consumption, Income, and Wealth}, - institution = {Johns Hopkins University}, - year = 2004, - type = {mimeo} -} - -@BOOK{slemrod:progressivity, - title = {Tax Progressivity and Income Inequality}, - publisher = {Cambridge University Press}, - year = 1994, - author = {Slemrod, Joel}, - address = {New York} -} - -@ARTICLE{slifman&corrado:pty, - author = {Slifman, Lawrence and Corrado, Carol}, - title = {Decomposition of Productivity and Unit Costs}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {328--332}, - number = 2 -} - -@ARTICLE{sw03, - author = {Smets, Frank and Wouters, Raf}, - title = {An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area}, - journal = {Journal of European Economic Association}, - year = 2003, - volume = 5, - pages = {1123--1175}, - number = 1 -} - -@INCOLLECTION{smith:wealth, - author = {Smith, Adam}, - title = {An Inquiry into the Nature and Causes of the Wealth of Nations}, - booktitle = {The Wealth of Nations: The Cannan Edition}, - publisher = {Modern Library}, - year = 1776, - editor = {Cannan, E.}, - address = {New York}, - note = {(1937)} -} - -@ARTICLE{Solon1992, - author = {Gary Solon}, - title = {Intergenerational Income Mobility in the United States}, - journal = AER, - year = 1992, - volume = 82, - pages = {409--29}, - number = 3, - month = {June} -} - -@ARTICLE{solow:rep, - author = {Solow, Robert M.}, - title = {Dumb and Dumber in Macroeconomics}, - journal = {Manuscript, MIT}, - year = 2003 -} - -@ARTICLE{solow:contribution, - author = {Solow, Robert M.}, - title = {A Contribution to the Theory of Economic Growth}, - journal = {Quarterly Journal of Economics}, - year = 1956, - volume = 70, - pages = {65--94}, - number = 1 -} - -@ARTICLE{muellbauerHabits, - author = {Muellbauer, John}, - title = {Habits, Rationality and Myopia in the Life Cycle Consumption Function}, - journal = {Annales d'Economie et de Statistique}, - year = 1988, - volume = 9, - pages = {47--70} -} - -@TECHREPORT{sommerHabits, - author = {Sommer, Martin}, - title = {Habits, Sentiment and Predictable Income in the Dynamics of Aggregate Consumption}, - institution = {Johns Hopkins University}, - year = 2002, - type = {working Paper Number 458; Updated 2006}, - note = {Available at {\url{https://www.econ2.jhu.edu/pdf/papers/wp458_version2006.pdf}}} -} - -@ARTICLE{sommer:jobmarket, - author = {Sommer, Martin}, - title = {Habits, Sentiment and Predictable Income in the Dynamics of Aggregate Consumption}, - journal = {Manuscript, The Johns Hopkins University}, - year = 2001, - note = {\href{https://www.econ2.jhu.edu/pdf/papers/wp458.pdf}{https://www.econ2.jhu.edu/pdf/papers/wp458.pdf}} -} - -@ARTICLE{syChina, - author = {Song, Zheng Michael and Yang, Dennis Tao}, - title = {Life Cycle Earnings and Saving in a Fast-Growing Economy}, - journal = {Manuscript, Chinese University of Hong Kong}, - year = 2010 -} - -@ARTICLE{souleles:sentiment, - author = {Souleles, Nicholas}, - title = {Consumer Sentiment: Its Rationality and Usefulness in Forecasting Expenditure; Evidence from the Michigan Micro Data}, - journal = {Journal of Money, Credit, and Banking}, - year = {forthcoming} -} - -@ARTICLE{souleles:finance, - author = {Souleles, Nicholas S.}, - title = {Household Securities Purchases, Transactions Costs, and Hedging Motives}, - journal = {Manuscript, University of Pennsylvania}, - year = 2000 -} - -@ARTICLE{souleles:taxrefunds, - author = {Souleles, Nicholas S.}, - title = {The Response of Household Consumption to Income Tax Refunds}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {947--958}, - number = 4, - month = {September} -} - -@ARTICLE{sousa:stocks, - author = {Sousa, Ricardo}, - title = {Property of Stocks and Wealth Effects on Consumption}, - journal = {Manuscript, University of Minho, Portugal}, - year = 2003 -} - -@ARTICLE{Splinter:2010vd, - author = {Splinter, David and Bryant, Victoria and Diamond, John, W.}, - title = {{Income Volatility and Mobility: U.S. Income Tax Data, 1999--2007}}, - year = 2010, - date-added = {2013-04-07T22:40:14GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = {{2010_Splinter.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Splinter/2010_Splinter.pdf:application/pdf}}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Splinter/2010_Splinter.pdf}, - rating = 0, - uri = {\url{papers2://publication/uuid/1986B22E-9258-492A-8A7D-71082007A882}}, - url = {http://www.bakerinstitute.org/publications/TEPP-pub-SplinterBryantDiamondIncomeVolatility-012010.pdf} -} - -@ARTICLE{ssw:nairu, - author = {Staiger, Douglas and Stock, James H. and Watson, Mark W.}, - title = {Prices, Wages, and the U.S. NAIRU in the 1990s}, - journal = {NBER Working Paper Number 8320}, - year = 2001 -} - -@ARTICLE{staiger&stock:disease, - author = {{Staiger, Douglas} and Stock, James H.}, - title = {Instrumental Variables Regression with Weak Instruments}, - journal = {NBER Technical Working Paper No. 151}, - year = 1994 -} - -@ARTICLE{StarrMcCluer:2002, - author = {Starr-McCluer, Martha}, - title = {Stock Market Wealth and Consumption}, - journal = {Economic Inquiry}, - year = 2002, - volume = 40, - pages = {69--79}, - number = 1, - month = {January}, - abstract = {This article investigates the effects of stock market wealth on consumer spending. Traditional macroeconometric models estimate that a dollar's increase in stock wealth boosts consumption by three to seven cents. With the substantial 1990s rise in stock prices, the nature and magnitude of this {"}wealth effect{"} have been much debated. After describing the issues and previous research, I present new evidence from a well-known consumer survey. The results are broadly consistent with life-cycle saving and a modest wealth effect: most stockholders reported no appreciable effect of stock prices on their saving or spending, but many mentioned {"}retirement saving{"} in explaining their behavior.} -} - -@ARTICLE{starr-mccluer:stockmarket, - author = {Starr-McCluer, Martha}, - title = {Stock Market Wealth and Consumer Spending}, - journal = {Federal Reserve Board of Governors}, - year = 1998 -} - -@ARTICLE{StiglerBeckerDeGustibus, - author = {Stigler, George J. and Becker, Gary S.}, - title = {{De Gustibus Non Est Disputandum}}, - journal = {The American Economic Review}, - year = 1977, - volume = 67, - pages = {76--90}, - number = 2, - bdsk-url-1 = {http://dx.doi.org/10.2307/1807222}, - citeulike-article-id =350004, - citeulike-linkout-0 ={http://dx.doi.org/10.2307/1807222}, - citeulike-linkout-1 ={http://www.jstor.org/stable/1807222}, - doi = {10.2307/1807222}, - keywords = {economics, methodology, philosophy}, - posted-at = {2008-10-06 08:07:03}, - priority = 2, - url = {http://dx.doi.org/10.2307/1807222} -} - -@TECHREPORT{swManyPredictors_inflPred, - author = {Stock, James and Watson, Mark}, - title = {Has Inflation Become Harder to Forecast?}, - institution = {Harvard University}, - year = 2005, - type = {mimeo} -} - -@INCOLLECTION{stock:Handbook, - author = {Stock, James H.}, - title = {Unit roots, structural breaks and trends}, - booktitle = {Handbook of Econometrics}, - publisher = {Elsevier}, - year = 1986, - editor = {R. F. Engle and D. McFadden}, - volume = 4, - series = {Handbook of Econometrics}, - chapter = 46, - pages = {2739--2841}, - month = {December}, - abstract = {This chapter reviews inference about large autoregressive or moving average roots in univariate time series, and structural change in multivariate time series regression. The \"problem\" of unit roots is cast more broadly as determining the order of integration of a series; estimation, inference, and confidence intervals are discussed. The discussion of structural change focuses on tests for parameter stability. Much emphasis is on asymptotic distributions in these nonstandard settings, and one theme is the general applicability of functional central limit theory. The quality of the asymptotic approximations to finite-sample distributions and implications for empirical work are critically reviewed.}, - url = {http://ideas.repec.org/h/eee/ecochp/4-46.html} -} - -@ARTICLE{sto91, - author = {Stock, James H.}, - title = {Confidence Intervals for the Largest Autoregressive Root in Macroeconomic Time Series}, - journal = {Journal of Monetary Economics}, - year = 1991, - volume = 28, - pages = {445--460}, - number = 3 -} - -@ARTICLE{stock&watson:forecasting, - author = {Stock, James H. and Watson, Mark W.}, - title = {Forecasting Output and Inflation: The Role of Asset Prices}, - journal = {Journal of Economic Literature}, - year = 2003 -} - -@ARTICLE{swPrincipal, - author = {James H. Stock and Mark W. Watson}, - title = {Forecasting Using Principal Components from a Large Number of Predictors}, - journal = {Journal of the American Statistical Association}, - year = 2002, - volume = 97, - pages = {1167--1179} -} - -@ARTICLE{sw02a, - author = {Stock, James H. and Watson, Mark W.}, - title = {Macroeconomic Forecasting Using Diffusion Indexes}, - journal = {Journal of Business and Economic Statistics}, - year = 2002, - volume = 20, - pages = {147--162}, - number = 2 -} - -@ARTICLE{swInflation, - author = {Stock, James H. and Watson, Mark W.}, - title = {Forecasting Inflation}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 44, - pages = {293--335} -} - -@ARTICLE{swMedianUnbiased, - author = {James H. Stock and Mark W. Watson}, - title = {Median Unbiased Estimation of Coefficient Variance in a Time-Varying Parameter Model}, - journal = {Journal of the American Statistical Association}, - year = 1998, - volume = 93, - pages = {349--358}, - number = 441 -} - -@MISC{stock&watson:handbook, - author = {Stock, James H. and Watson, Mark W.}, - title = {Business Cycle Fluctuations in U.S. Macroeconomic Time Series}, - howpublished = {Working Paper}, - year = 1997 -} - -@ARTICLE{swy02, - author = {Stock, James H. and Wright, Jonathan H. and Yogo, Motohiro}, - title = {A Survey of Weak Instruments and Weak Identification in Generalized Method of Moments}, - journal = {Journal of Business and Economic Statistics}, - year = 2002, - volume = 20, - pages = {518--529}, - number = 4 -} - -@ARTICLE{Stockman:1988, - author = {Stockman, Alan C.}, - title = {Sectoral and National Aggregate Disturbances to Industrial Output in Seven European Countries}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 21, - pages = {387--409} -} - -@ARTICLE{sty:cyclical, - author = {Storesletten, Kjetil and Telmer, Chris I. and Yaron, Amir}, - title = {Cyclical Dynamics in Idiosyncratic Labor-Market Risk}, - journal = {Journal of Political Economy}, - year = 2004, - volume = 112, - pages = {695--717}, - number = 3, - month = {June} -} - -@ARTICLE{strotzInconsistent, - author = {Strotz, Richard H.}, - title = {Myopia and Inconsistency in Dynamic Utility Maximization}, - journal = {Review of Economic Studies}, - year = 1955, - volume = 23, - pages = {165--180}, - number = 3 -} - -@ARTICLE{suk07, - author = {Sukiassyan, Grigor}, - title = {Inequality and Growth: What Does the Transition Economy Data Say?}, - journal = {Journal of Comparative Economics}, - year = 2007, - volume = 35, - pages = {35--56}, - number = 1 -} - -@ARTICLE{summersWolf, - author = {Summers, Lawrence H.}, - title = {Larry Summers and Martin Wolf on New Economic Thinking}, - journal = {Financial Times video interview}, - year = 2011, - note = {\url{http://tinyurl.com/dl201108a}}, - date = {April 8, 2011}, - url = {http://tinyurl.com/dl201108a} -} - -@Article{summersIllusion, - Title = {The Scientific Illusion in Empirical Macroeconomics}, - Author = {Summers, Lawrence H}, - Journal = {Scandinavian Journal of Economics}, - Year = 1991, - Note = {\url{http://www.econ.ucdavis.edu/faculty/kdsalyer/LECTURES/Ecn200e/summers_illusion.pdf}}, - Number = 2, - Pages = {129-48}, - Volume = 93, - Owner = {Nic Johnson}, - Url = {http://www.econ.ucdavis.edu/faculty/kdsalyer/LECTURES/Ecn200e/summers_illusion.pdf} -} - -@ARTICLE{summers:skeptical, - author = {Summers, Lawrence H.}, - title = {Some Skeptical Observations on Real Business Cycle Theory}, - journal = {Federal Reserve Bank of Minneapolis Quarterly Review}, - year = 1986, - volume = 10, - pages = {23--27}, - note = {\url{http://minneapolisfed.org/research/QR/QR1043.pdf}}, - bdsk-url-1 = {http://minneapolisfed.org/research/QR/QR1043.pdf}, - file = {summersSkeptical.pdf:summersSkeptical.pdf:PDF}, - url = {http://minneapolisfed.org/research/QR/QR1043.pdf} -} - -@Article{summersCapTax, - Title = {Capital Taxation and Accumulation in a Life Cycle Growth Model}, - Author = {Summers, Lawrence H.}, - Journal = {American Economic Review}, - Year = 1981, - Note = {\url{http://www.jstor.org/stable/1806179}}, - Number = 4, - Pages = {533--544}, - Volume = 71, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1806179} -} - -@ARTICLE{summers&heston:article, - author = {Summers, Robert and Heston, Alan}, - title = {A New Set of International Comparisons of Real Product and Price Level Estimates for 130 Countries, 1950-1985}, - journal = {Review of Income and Wealth}, - year = 1988, - volume = {XXXIV}, - pages = {1--25} -} - -@TECHREPORT{scf04Charts, - author = {{Survey of Consumer Finances}}, - title = {2004 SCF Chartbook}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2007, - type = {electronic document}, - note = {Available at \url{http://www.federalreserve.gov/pubs/oss/oss2/2004/scf2004home.html}} -} - -@ARTICLE{sve02, - author = {Jan Svejnar}, - title = {Transition Economies: Performance and Challenges}, - journal = {Journal of Economic Perspectives}, - year = 2002, - volume = 16, - pages = {3--28}, - number = 1 -} - -@ARTICLE{szeidlInvariantOrig, - author = {Szeidl, Adam}, - title = {Invariant Distribution in Buffer-Stock Saving and Stochastic Growth Models}, - journal = {Manuscript, University of California at Berkeley}, - year = 2006, - month = {October} -} - -@ARTICLE{szeidl:ergodic, - author = {Szeidl, Adam}, - title = {On Ergodic Distributions and Buffer Stock Saving Models}, - journal = {Manuscript, Harvard University}, - year = 2002 -} - -@ARTICLE{tv03, - author = {Alvin Tan and Graham Voss}, - title = {Consumption and Wealth in Australia}, - journal = {Economic Record}, - year = 2003, - volume = 244, - pages = {39--56}, - number = 79 -} - -@ARTICLE{tauchen&hussey:quadrature, - author = {Tauchen, George and Hussey, R.}, - title = {Quadrature-Based Methods for Obtaining Approximate Solutions to the Integral Equations of Nonlinear Rational Expectations Models}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {371--96} -} - -@ARTICLE{taylorFiscal, - author = {Taylor, John B.}, - title = {The Lack of an Empirical Rationale for a Revival of Discretionary Fiscal Policy}, - journal = {The American Economic Review}, - year = 2009, - volume = 99, - pages = {550--555}, - number = 2, - publisher = {JSTOR} -} - -@ARTICLE{taylor&uhlig:solve, - author = {{Taylor, John B.} and {Harald Uhlig}}, - title = {Solving Nonlinear Stochastic Growth Models: A Comparison of Alternative Solution Methods}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {35--36}, - number = 1 -} - -@ARTICLE{thalerFungibility, - author = {Thaler, Richard H.}, - title = {Anomalies: Saving, Fungibility, and Mental Accounts}, - journal = {Journal of Economic Perspectives}, - year = 1990, - volume = 4, - pages = {193--205}, - number = 1, - month = {January} -} - -@ARTICLE{thaler:psychology, - author = {Thaler, Richard H.}, - title = {Psychology and Savings Policies}, - journal = {American Economic Review, Papers and Proceedings}, - year = 1994, - volume = 84, - pages = {186--192}, - number = 2, - month = may -} - -@ARTICLE{thalerMental, - author = {Thaler, Richard H.}, - title = {Saving, Fungibility and Mental Accounts}, - journal = {Journal of Economic Perspectives}, - year = 1990, - volume = 4, - pages = {193--205} -} - -@ARTICLE{thaler&shefrin:selfcontrol, - author = {Thaler, Richard H. and Shefrin, Hersh M.}, - title = {An Economic Theory of Self-Control}, - journal = {Journal of Political Economy}, - year = 1981, - volume = 89, - pages = {392--406}, - number = 2, - month = {April} -} - -@ARTICLE{thomas:surveyinfl, - author = {Thomas Jr., Lloyd B.}, - title = {Survey Measures of Expected U.S. Inflation}, - journal = {Journal of Economic Perspectives}, - year = 1999, - volume = 13, - pages = {125--144}, - number = 4 -} - -@BOOK{thomsonGuide, - title = {A Guide for the Young Economist}, - publisher = {M.I.T. Press}, - year = 2001, - author = {Thomson, William L.}, - address = {Cambridge} -} - -@TECHREPORT{tlu05, - author = {Vlastimil Tlusty}, - title = {Modern Tax, Pension and Social System (Moderni danovy, duchodovy a socialni system)}, - year = 2005, - type = {presentation}, - note = {{X}VI. Congress of Czech Civic Democratic Party (ODS), November 27, 2005 Available at \url{http://www.tlusty.cz/}, In Czech} -} - -@INCOLLECTION{tobin:sandg, - author = {Tobin, James}, - title = {Life Cycle Saving and Balanced Growth}, - booktitle = {Ten Economic Studies in the Tradition of Irving Fisher}, - publisher = {Wiley}, - year = 1967, - editor = {Fellner, William}, - address = {New York} -} - -@INPROCEEDINGS{tobinSaving, - author = {Tobin, James}, - title = {Life Cycle Saving and Balanced Growth}, - booktitle = {Ten Economic Studies in the Tradition of Irving Fisher}, - year = 1967, - editor = {Fellner, William}, - pages = {231--256}, - publisher = {J. Wiley and Sons, Inc.} -} - -@BOOK{tobinMacro, - title = {Asset Accumulation and Economic Activity: Reflections on Contemporary Macroeconomic Theory}, - publisher = {Basil Blackwell}, - year = 1980, - author = {Tobin, James}, - location = {Oxford} -} - -@ARTICLE{tobinsQ, - author = {Tobin, James}, - title = {A General Equilibrium Approach to Monetary Theory}, - journal = {Journal of Money Credit and Banking}, - year = 1969, - volume = 1, - pages = {15--29}, - number = 1 -} - -@ARTICLE{tobinRisk, - author = {Tobin, James}, - title = {Liquidity Preference as Behavior Towards Risk}, - journal = {Review of Economic Studies}, - year = 1958, - volume = {XXXV}, - pages = {65--86}, - number = 67, - month = {February}, - bdsk-url-1 = {http://cowles.econ.yale.edu/P/cm/m19/m19-01.pdf}, - url = {http://cowles.econ.yale.edu/P/cm/m19/m19-01.pdf} -} - -@ARTICLE{tokuokaCapitalist, - author = {Kiichi Tokuoka}, - title = {Is Wealth Accumulation a Luxury Good?}, - journal = {Economics Letters}, - year = 2012, - volume = 115, - pages = {523--526}, - number = 3, - doi = {10.1016/j.econlet.2011.12.122}, - file = {tokuokaCapitalist.pdf:tokuokaCapitalist.pdf:PDF}, - issn = {0165-1765}, - keywords = {Wealth}, - url = {http://www.sciencedirect.com/science/article/pii/S0165176511006458} -} - -@ARTICLE{topelSeniority, - author = {Topel, Robert H.}, - title = {Specific Capital, Mobility and Wages: Wages Rise with Job Seniority}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {145--176}, - issue = 1 -} - -@ARTICLE{topel90, - author = {Topel, Robert H.}, - title = {Specific Capital, Mobility and Wages: Wages Rise with Job Seniority}, - journal = {NBER Working Paper Number W3294}, - year = 1990 -} - -@ARTICLE{topel92, - author = {Topel, Robert H. and Ward, Michael P.}, - title = {Job Mobility and the Careers of Young Men}, - journal = {Quarterly Journal of Economics}, - year = 1992, - volume = 107, - pages = {439--479}, - number = 2, - month = {May} -} - -@ARTICLE{townsendIndia, - author = {Townsend, Robert}, - title = {Risk and Insurance in Village India}, - journal = {Econometrica}, - year = 1994, - volume = 62, - pages = {171--84}, - number = 3 -} - -@TECHREPORT{trabandt05, - author = {Mathias Trabandt}, - title = {Sticky Information vs. Sticky Prices: A Horse Race in a DSGE Framework}, - institution = {Humboldt University Berlin}, - year = 2004, - type = {mimeo} -} - -@BOOK{trump:deal, - title = {Trump: The Art of the Deal}, - publisher = {Random House}, - year = 1988, - author = {Trump, Donald}, - address = {New York}, - note = {With Tony Schwarz} -} - -@ARTICLE{jappelli&pagano:intlLC, - author = {Tullio Jappelli, Marco Pagano}, - title = {Consumption and Capital Market Imperfections: An International Comparison}, - journal = {The American Economic Review}, - year = 1989, - volume = 79, - pages = {1088--1105}, - number = 5, - month = {December} -} - -@ARTICLE{turnovsky:inflsurv, - author = {Turnovsky, Stephen J.}, - title = {Empirical Evidence on the Formation of Price Expectations}, - journal = {Journal of the American Statistical Association}, - year = 1970, - volume = 65, - pages = {1441--54}, - number = {December} -} - -@ARTICLE{tuttle&gauger:wealtheffects, - author = {Tuttle, M. H. and Gauger, Jean}, - title = {Wealth Effects and Consumption: A Multivariate Evaluation}, - journal = {Mimeo, University of Tennessee}, - year = 2003 -} - -@ARTICLE{urich&wachtel:money, - author = {Urich, Thomas and Wachtel, Paul}, - title = {The Structure of Expectations of the Weekly Money Supply Announcement}, - journal = {Journal of Monetary Economics}, - year = 1984, - volume = 13, - pages = {183--194} -} - -@INCOLLECTION{uzawa:patientownall, - author = {Uzawa, Hirofumi}, - title = {Time Preference, the Consumption Function, and Optimum Asset Holdings}, - booktitle = {Value, Capital, and Growth: Papers in Honor of Sir John Hicks}, - publisher = {Edinborough University Press}, - year = 1968, - editor = {Wolfe, J. N.}, - pages = {485--504}, - address = {Chicago} -} - -@INBOOK{skg:impact, - pages = {35--64}, - title = {The Impact of Changes in Income and Family Composition on Subjective Well-Being}, - publisher = {University of Chicago Press}, - year = 1985, - author = {{v}an~de~Stadt, Huib and Kapteyn, Arie and van~de~Geer, Sara}, - booktitle = {Horizontal Equity, Uncertainty, and Economic Well-Being} -} - -@ARTICLE{skg:relativity, - author = {{v}an~de~Stadt, Huib and Kapteyn, Arie and van~de~Geer, Sara}, - title = {The Relativity of Utility: Evidence from Panel Data}, - journal = {Review of Economics and Statistics}, - year = 1985, - volume = 67, - pages = {179--187}, - number = 2, - month = May -} - -@PHDTHESIS{Valencia:2006, - author = {Valencia, Fabian}, - title = {Banks' Financial Structure and Business Cycles}, - school = {Johns Hopkins University}, - year = 2006, - month = {October}, - abstract = { } -} - -@BOOK{veblen:leisureclass, - title = {The Theory of the Leisure Class}, - publisher = {The Modern Library}, - year = 1899, - author = {Veblen, T.}, - address = {New York} -} - -@ARTICLE{velculescuHabits, - author = {Velculescu, Delia}, - title = {Consumption Habits In An Overlapping-Generations Model}, - journal = {Economics Letters}, - year = 2011, - note = {\url{http://dx.doi.org/10.1016/j.bbr.2011.03.031}}, - doi = {10.1016/j.bbr.2011.03.031}, - file = {velculescuHabits.pdf:velculescuHabits.pdf:PDF}, - publisher = {Elsevier}, - url = {http://dx.doi.org/10.1016/j.bbr.2011.03.031} -} - -@ARTICLE{viard:ptyslowdown, - author = {Viard, Alan}, - title = {The Productivity Slowdown and the Savings Shortfall: {A} Challenge to the Permanent Income Hypothesis}, - journal = {Economic Inquiry}, - year = 1993, - volume = 31, - pages = {549--564} -} - -@ARTICLE{vis02, - author = {Annette {Vissing-J\o rgensen}}, - title = {Limited Asset Market Participation and the Elasticity of Intertemporal Substitution}, - journal = {Journal of Political Economy}, - year = 2002, - volume = 110, - pages = {339--357}, - number = {825--53} -} - -@ARTICLE{wsmEarningsLosses, - author = {von Wachter, Till and Song, Jae and Manchester, Joyce}, - title = {Long-Term Earnings Losses due to Mass Layoffs During the 1982 Recession: An Analysis Using U.S. Administrative Data from 1974 to 2004}, - journal = {Manuscript, Columbia University}, - year = 2009 -} - -@ARTICLE{Marshall:1891, - author = {Wagner, Alfred}, - title = {Principles of Economics}, - journal = {History of Economic Thought Articles}, - year = 1891, - volume = 5, - pages = {319--338} -} - -@BOOK{watts:smallworld, - title = {Small Worlds}, - publisher = {Princeton Univ Press}, - year = 1999, - author = {Watts, Duncan J.} -} - -@ARTICLE{weber:ruleOfThumb, - author = {Weber, Christian E.}, - title = {Intertemporal Non-Separability and `Rule-Of-Thumb' Consumption}, - journal = {Journal of Monetary Economics}, - year = 2002, - volume = 49, - pages = {293--308} -} - -@BOOK{weber:capitalism, - title = {The Protestant Ethic and the Spirit of Capitalism}, - publisher = {Charles Scribner and Sons}, - year = 1905, - author = {Weber, Max M.}, - address = {New York} -} - -@BOOK{weibull:evolutionary, - title = {Evolutionary Game Theory}, - publisher = {MIT Press}, - year = 1995, - author = {Weibull, J{\"}orgen}, - address = {New York} -} - -@ARTICLE{weilSamuelson, - author = {Weil, Philippe}, - title = {Overlapping Generations: The First Jubilee}, - journal = {Journal of Economic Perspectives}, - year = 2008, - volume = 22, - pages = {115--34}, - number = 4, - month = {Fall}, - bdsk-url-1 = {http://ideas.repec.org/a/aea/jecper/v22y2008i4p115-34.html}, - url = {http://ideas.repec.org/a/aea/jecper/v22y2008i4p115-34.html} -} - -@ARTICLE{wkTaylor, - author = {Weise, Charles L. and Krisch, David}, - title = {The Monetary Response to Changes in Credit Spreads}, - journal = {Paper Presented at the Eastern Economic Meetings, March 1 2009}, - year = 2009, - note = {Corresponding Author: Charles Weise, \texttt{weise@gettysburg.edu}} -} - -@INCOLLECTION{weiss:survey, - author = {Weiss, Y.}, - title = {The Determinants of Lifecycle Earnings: A Survey}, - booktitle = {HandBOOK of Labor Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1986, - editor = {{Orley Ashenfelter} and {Richard Layard}}, - address = {New York} -} - -@ARTICLE{wenChinaSaving, - author = {Wen, Yi}, - title = {Saving and Growth Under Borrowing Constraints: Explaining the 'High Saving Rate'Puzzle}, - journal = {FRB of St. Louis Working Paper No 2009-45}, - year = 2009 -} - -@TECHREPORT{westlingSize, - author = {Westling, Tatu}, - title = {Male Organ And Economic Growth: Does Size Matter?}, - institution = {University Library of Munich, Germany}, - year = 2011, - type = {MPRA Paper}, - number = 32302, - month = Jul, - abstract = {No abstract is available for this item.}, - keywords = {Economic growth; Total factor productivity; Adult mortality; Longevity; Knowledge transmission; }, - url = {http://ideas.repec.org/p/pra/mprapa/32302.html} -} - -@ARTICLE{white:whydont, - author = {White, Michelle}, - title = {Why Don't More Households File for Bankruptcy?}, - journal = {University of Michigan Working Paper}, - year = 1998, - volume = {98-3} -} - -@ARTICLE{white:whyitpays, - author = {White, Michelle}, - title = {Why It Pays to File For Bankruptcy: A Critical Look at Incentives Under U.S. Bankruptcy Laws and a Proposal for Change}, - journal = {University of Michigan Working Paper}, - year = 1998, - volume = {98-2} -} - -@ARTICLE{wil92, - author = {David W. Wilcox}, - title = {The Construction of the U.S. Consumption Data: Some Facts and Their Implications for Empirical Research}, - journal = {American Economic Review}, - year = 1992, - volume = 82, - pages = {922--941}, - number = 4 -} - -@ARTICLE{wilhelm:bequest, - author = {Wilhelm, Mark O.}, - title = {Bequest Behavior and the Effect of Heirs' Earnings: Testing the Altruistic Model of Bequests}, - journal = {American Economic Review}, - year = 1996, - volume = 86, - pages = {874--982}, - number = 4 -} - -@INCOLLECTION{willis:survey, - author = {Willis, ~R.~J.}, - title = {Wage Determinants: A Survey and Reinterpretation of Human Capital Earnings Functions}, - booktitle = {Handbook of Labor Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1986, - editor = {{Orley Ashenfelter} and {Richard Layard}}, - address = {New York} -} - -@INCOLLECTION{woodfordImperfect, - title = {Imperfect Common Knowledge and the Effects of Monetary Policy}, - author = {Woodford, Michael}, - abstract = {This paper reconsiders the Phelps-Lucas hypothesis, according to which temporary real effects of purely nominal disturbances result from imperfect information, but departs from the assumptions of Lucas (1973) in two crucial respects. Due to monopolistically competitive pricing, higher-order expectations are crucial for aggregate inflation dynamics, as argued by Phelps (1983). And decisionmakers' subjective perceptions of current conditions are assumed to be of imperfect precision, owing to finite information processing capacity, as argued by Sims (2001). The model can explain highly persistent real effects of a monetary disturbance, and a delayed effect on inflation, as found in VAR studies.}, - url = {http://EconPapers.repec.org/RePEc:nbr:nberwo:8673}, - booktitle = {Knowledge, Information and Expectations in Modern Macroeconomics}, - publisher = {Princeton University Press}, - address = {Princeton}, - year = 2002, - editor = {Aghion, P. and R. Frydman and J. Stiglitz and M. Woodford}, -} - -@ARTICLE{woodford:imperfectNBERWP, - author = {Woodford, Michael}, - title = {Imperfect Common Knowledge and the Effects of Monetary Policy}, - journal = {NBER Working Paper Number 8673}, - url = {http://EconPapers.repec.org/RePEc:nbr:nberwo:8673}, - year = 2001 -} - -@comment{wor60Old} -@comment{working:timeaggOld} - -@ARTICLE{workingTimeAgg, - author = {Holbrook Working}, - title = {Note on the Correlation of First Differences of Averages in a Random Chain}, - journal = {Econometrica}, - year = 1960, - volume = 28, - pages = {916--918}, - number = 4 -} - -@ARTICLE{wrightInterestElasticity, - author = {Wright, Colin}, - title = {Some Evidence on the Interest Elasticity of Consumption}, - journal = {The American Economic Review}, - year = 1967, - volume = 57, - pages = {pp.850--855}, - number = 4, - copyright = {Copyright © 1967 American Economic Association}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={Sep., 1967}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/1815373} -} - -@ARTICLE{young:obstacle, - author = {Young, Eric}, - title = {An Obstacle Course for the Krusell-Smith Algorithm}, - journal = {Manuscript, Florida State University}, - year = 2002 -} - -@ARTICLE{young, - author = {Young, Eric R.}, - title = {Solving the Incomplete Markets Model with Aggregate Uncertainty Using the Krusell-Smith Algorithm and Non-Stochastic Simulations}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {36--41}, - number = 1, - month = {January} -} - -@BOOK{young:learning, - title = {Learning and Evolution in Games}, - publisher = {Princeton University Press}, - year = 1997, - author = {Young, H. Peyton} -} - -@PHDTHESIS{yuen:opttax, - author = {Yuen, C.}, - title = {Taxation, Human Capital Accumulation and Economic Growth}, - school = {University of Chicago}, - year = 1991 -} - -@ARTICLE{zandiFiscal, - author = {Zandi, Mark}, - title = {Perspectives on the Economy}, - journal = {Testimony before the House Budget Committee, July 1}, - year = 2010 -} - -@ARTICLE{zeldes_jpe89, - author = {Stephen P. Zeldes}, - title = {Consumption and Liquidity Constraints: An Empirical Investigation}, - journal = {The Journal of Political Economy}, - year = 1989, - volume = 97, - pages = {275--298}, - number = 2, - note = {\url{http://userwww.service.emory.edu/~skrause/E511/Zeldes-1989.pdf}}, - url = {http://userwww.service.emory.edu/~skrause/E511/Zeldes-1989.pdf} -} - -@Article{zeldes:jpe, - Title = {Consumption and Liquidity Constraints: An Empirical Investigation}, - Author = {Zeldes, Stephen P.}, - Journal = {Journal of Political Economy}, - Year = 1989, - Note = {Available at {\url{http://www.jstor.org/stable/1831315}}}, - Pages = {305--46}, - Volume = 97, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1831315} -} - -@PHDTHESIS{zeldes:thesis, - author = {Zeldes, Stephen P.}, - title = {Optimal Consumption with Stochastic Income}, - school = {Massachusetts Institute of Technology}, - year = 1984 -} - -@PHDTHESIS{zhang:thesis, - author = {Zhang, Lawrence Huiyan}, - title = {Essays on Business Cycles}, - school = {Johns Hopkins University}, - year = 2003 -} - -@PHDTHESIS{Zhou:2010, - author = {Zhou, Xia}, - title = {Essays On U.S. State-Level Financial Wealth Data and Consumption Data}, - school = {Johns Hopkins University}, - year = 2010, - address = {\href{http://jhir.library.jhu.edu/handle/1774.2/34267}{http://jhir.library.jhu.edu/handle/1774.2/34267}} -} - -@PHDTHESIS{Zhou:2006, - author = {Zhou, Xia}, - title = {Measuring Wealth Effects Using US State Data}, - school = {Johns Hopkins University}, - year = 2006, - address = {\href{https://www.econ2.jhu.edu/people/ZhouX/JobMarketPaperZhouX.pdf}{https://www.econ2.jhu.edu/people/ZhouX/JobMarketPaperZhouX.pdf}} -} - -@ARTICLE{zcWandCdynByState, - author = {Zhou, Xia and Carroll, Christopher D.}, - title = {Dynamics of Wealth and Consumption: New and Improved Measures of U.S.\ States}, - journal = {Berkeley Electronic Journals of Macroeconomics, Advances}, - year = 2011, - volume = {Forthcoming, 2011}, - authors = {Zhou, Xia and Christopher D. Carroll} -} - -@TECHREPORT{Zhu:2007, - author = {Zhu, Xiaodi}, - title = {Growing Wealth, Inequality, and Housing in the United States}, - institution = {Joint Center for Housing Studies, Harvard University}, - year = 2007, - type = {Working Paper}, - number = {W07-1}, - month = {February} -} - -@PHDTHESIS{zhu:opttax, - author = {Zhu, X.}, - title = {Optimal Fiscal Policy in a Stochastic Growth Model}, - school = {University of Chicago}, - year = 1991 -} - -@ARTICLE{zou:spirit, - author = {Zou, Heng-Fu}, - title = {The 'Spirit of Capitalism' and Long-Run Growth}, - journal = {European Journal of Political Economy}, - year = 1994, - volume = 10, - pages = {279--93}, - number = 2 -} - -@BOOK{auerbach&feldstein:handbook, - title = {Handbook of Public Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1985, - editor = {{Auerbach, Alan J.} and {Martin S. Feldstein}}, - address = {New York} -} - -@INCOLLECTION{cdSsNBERReporter, - booktitle = {NBER Macroeconomics Annual, 1997}, - publisher = {MIT Press}, - year = 1997, - editor = {Bernanke, Benjamin S. and Rotemberg, Julio J.}, - pages = {165--229}, - address = {Cambridge, MA} -} - -@INCOLLECTION{carroll:epidemicinflSFINBERReporter, - title = {The {E}pidemiology of {M}acroeconomic {E}xpectations}, - booktitle = {The Economy as an Evolving Complex System, III}, - publisher = {Oxford University Press}, - year = 2006, - editor = {Blume, Larry and Durlauf, Steven} -} - -@BOOK{Gam90, - title = {Analysis {I}{I}: {Convex} {Analysis} and {Approximation} {Theory}}, - publisher = {Springer-Verlag}, - year = 1990, - editor = {R. V. Gamkerlidze}, - volume = 14, - series = {Encyclopaedia of Mathematical Sciences}, - address = {New York} -} - -@BOOK{ghj:portfolios, - title = {Household Portfolios}, - publisher = {MIT Press}, - year = 2002, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, Tullio}, - address = {Cambridge, MA} -} - -@BOOK{hlmk04, - title = {Applied Time Series Econometrics}, - publisher = {Cambridge University Press}, - year = 2004, - editor = {L{\"}utkepohl, Helmut and Kr{\"}atzig, Markus}, - address = {Cambridge} -} - -@BOOK{pechman:whopaid, - title = {Who Paid the Taxes, 1966-85?}, - publisher = {The Brookings Institution}, - year = 1985, - editor = {Pechman, Joseph A.}, - address = {Washington} -} - -@BOOK{poterba:international, - title = {International Comparisons of Household Saving}, - publisher = {National Bureau of Economic Research}, - year = 1994, - editor = {Poterba, James M.}, - address = {Chicago and London: University of Chicago Press} -} - -@BOOK{carroll:reviewworldbank, - title = {The Economics of Saving and Growth: Theory, Evidence, and Implications for Policy}, - publisher = {Cambridge University Press for the World Bank}, - year = 2000, - editor = {Schmidt-Hebbel, Klaus and Serv{\'e}n, Luis}, - note = {Book Review, {\it Journal of Economic Literature}} -} - -@INCOLLECTION{carroll:richsaveNBERReporter, - booktitle = {{D}oes {A}tlas {S}hrug? {T}he {E}conomic {C}onsequences of {T}axing the {R}ich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.} -} - -@BOOK{slemrod:atlasshrug, - title = {Historical Perspectives on U.S. Tax Policy Toward the Rich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.}, - booktitle = {Does Atlas Shrug? The Economic Consequences of Taxing the Rich} -} - -@HEADER{bibpub, - note = {\centerline{\Large Published}} -} - -@HEADER{bibspace, - note = {\medskip\medskip\medskip} -} - -@HEADER{bibunpub, - note = {\centerline{\Large Unpublished}} -} - -@ARTICLE{francisCapitalist, - title = {Wealth and the Capitalist Spirit}, - journal = {Journal of Macroeconomics}, - volume = 31, - pages = {394--408}, - number = 3, - file = {francisCapitalist.pdf:francisCapitalist.pdf:PDF} -} - -@MISCNOYEAR{publishedAndForthcoming, - note = {\textbf{\Large Published or Forthcoming}}, -} - -@MISCNOYEAR{unpublished, - note = {\textbf{\Large Unpublished }} -} - -@MISC{noBookChapters20090701to20110630, - title = {No new book chapters}, - year = {2009-07-01 to 2011-06-30}, - author = {Carroll, Christopher D.} -} - -@TECHREPORT{wolframNumIntegration, - title = {Advanced Numerical Integration in {\it Mathematica}}, - year = 2011, - month = {October}, - note = {\url{http://www.wolfram.com/learningcenter/tutorialcollection/AdvancedNumericalIntegrationInMathematica/AdvancedNumericalIntegrationInMathematica.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/wolframNumIntegration.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/wolframNumIntegration.pdf:PDF}, - journal = {Wolfram {\it Mathematica} Tutorial Collection}, - url = {http://www.wolfram.com/learningcenter/tutorialcollection/AdvancedNumericalIntegrationInMathematica/AdvancedNumericalIntegrationInMathematica.pdf} -} - -@ARTICLE{varianRepublicansAndReturns, - title = {Which Party in the White House Means Good Times for Investors?}, - journal = {New York Times}, - year = 2003, - volume = {November 20}, - bdsk-url-1 = {http://people.ischool.berkeley.edu/~hal/people/hal/NYTimes/2003-11-20.html}, - url = {http://people.ischool.berkeley.edu/~hal/people/hal/NYTimes/2003-11-20.html} -} - -@ARTICLE{bea02, - title = {Updated Summary NIPA Methodologies}, - journal = {Survey of Current Business}, - year = 2002, - key = {Bureau of Economic Analysis} -} - -@INCOLLECTION{carroll:richportfoliosNBERReporter, - booktitle = {Household Portfolios: Theory and Evidence}, - publisher = {MIT Press}, - year = 2002, - address = {Cambridge, MA} -} - -@ARTICLE{carroll:RiskyHabitsNBERReporter, - journal = {International Economic Journal}, - year = 2000, - volume = 14, - pages = {1--41}, - number = 4 -} - -@ARTICLE{crr:censusNBERReporter, - journal = {Economic Development and Cultural Change}, - year = 1999, - volume = 48, - pages = {33--50}, - number = 1, - month = {October} -} - -@ARTICLE{sc99, - title = {Data File Documentation}, - journal = {Survey Research Center}, - year = 1999, - address = {Ann Arbor, MI}, - key = {Survey of Consumers}, - url = {http://www.sca.isr.umich.edu/} -} - -@ARTICLE{carroll&samwick:howbigNBERReporter, - journal = {Review of Economics and Statistics}, - year = 1998, - volume = 80, - pages = {410--419}, - number = 3, - month = {August} -} - -@ARTICLE{carroll:bslcpihNBERReporter, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = {CXII}, - pages = {1--56}, - number = 1 -} - -@ARTICLE{carroll&weil:crcsNBERReporter, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = 1994, - volume = 40, - pages = {133--192}, - month = {June} -} - -@Article{abiadEtAl_FinReforms, - author = {Abdul Abiad and Enrica Detragiache and Thierry Tressel}, - title = {A New Database of Financial Reforms}, - journal = {IMF Staff Papers}, - year = 2010, - volume = 57, - number = 2, - pages = {281--302}, - month = {June}, -} - -@Article{cos11, - author = {Christopher D. Carroll and Misuzu Otsuka and Jiri Sla{\-}calek}, - title = {How Large Are Financial and Housing Wealth Effects? A New Approach}, - journal = {Journal of Money, Credit, and Banking}, - year = 2011, - volume = 43, - number = 1, - pages = {55--79}, - month = {February}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cosWealthEffects/}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/cosWealthEffects.pdf}, - bdsk-url-2 = {http://dx.doi.org/10.1111/j.1538-4616.2010.00365.x}, - doi = {10.1111/j.1538-4616.2010.00365.x}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cosHousingWealth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cosHousingWealth.pdf:PDF}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/cosWealthEffects.pdf}, -} - -@Article{ctDiscrete, - author = {Carroll, Christopher D. and Toche, Patrick}, - title = {A Tractable Model of Buffer Stock Saving}, - journal = {NBER Working Paper Number 15265}, - year = 2009, - month = {August}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/ctDiscrete}}, - status = {Revise and Resubmit, {\it The Economic Journal}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/ctDiscrete}, -} - -@Article{cjSOE, - author = {Carroll, Christopher D. and Jeanne, Olivier}, - title = {A Tractable Model of Precautionary Reserves, Net Foreign Assets, or Sovereign Wealth Funds}, - journal = {NBER Working Paper Number 15228}, - year = 2009, - month = {August}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cjSOE}}, - status = {Not submitted}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/cjSOE.pdf}, -} - -@Article{carroll:atheoryjep, - author = {Carroll, Christopher D.}, - title = {A Theory of the Consumption Function, With and Without Liquidity Constraints}, - journal = {Journal of Economic Perspectives}, - year = 2001, - volume = 15, - number = 3, - pages = {23-46}, - month = {Summer}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3JEP.pdf}}, - url = {\url{https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3JEP.pdf}}, -} - -@Article{modyEtAl_precSaving, - author = {Ashoka Mody and Franziska Ohnsorge and Damiano Sandri}, - title = {Precautionary Savings in the Great Recession}, - journal = {IMF Economic Review}, - year = 2012, - volume = 60, - number = 1, - pages = {114--138}, - month = {April}, -} - -@Article{admmmCredit, - author = {Aron, Janine and John V. Duca and John Muellbauer and Keiko Murata and Anthony Murphy}, - title = {Credit, Housing Collateral, and Consumption: Evidence from Japan, the U.K., and the U.S.}, - journal = {Review of Income and Wealth}, - year = 2011, - doi = {10.1111/j.1475-4991.2001.00466.x}, -} - -@Article{hallQuantifying, - author = {Hall, Robert E.}, - title = {Quantifying the Forces Leading to the Collapse of GDP after the Financial Crisis}, - journal = {Manuscript, Stanford University}, - year = 2012, - month = {March}, -} - -@Article{dszRichSave, - author = {Dynan, Karen E. and Skinner, Jonathan and Zeldes, Stephen P.}, - title = {Do the Rich Save More?}, - journal = {Journal of Political Economy}, - year = 2004, - volume = 112, - number = 2, - pages = {397--444}, - publisher = {JSTOR}, -} - -@Article{baker_policyUncertainty, - author = {Scott R. Baker and Nicholas Bloom and Steven J. Davis}, - title = {Measuring Economic Policy Uncertainty}, - journal = {The Quarterly Journal of Economics}, - year = 2016, - volume = 131, - number = 4, - pages = {1593--1636}, - publisher = {Oxford University Press}, -} - -@Article{CBOSaving, - author = {{Congressional~Budget~Office}}, - title = {Assessing the Decline in National Saving Rate}, - journal = {Congressional Budget Office Reports}, - year = 1993, - month = {April}, -} - -@Book{friedmanATheory, - title = {A Theory of the Consumption Function}, - publisher = {Princeton University Press}, - year = 1957, - author = {Friedman, Milton A.}, -} - -@Article{carrollBSLCPIH, - author = {Carroll, Christopher D.}, - title = {Buffer Stock Saving and the Life Cycle/Permanent Income Hypothesis}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = {CXII}, - number = 1, - pages = {1--56}, - file = {bib/bslcpih.pdf:bib/bslcpih.pdf:PDF}, - score = 40, -} - -@Article{gpLifeCycle, - author = {Gourinchas, Pierre-Olivier and Parker, Jonathan}, - title = {Consumption Over the Life Cycle}, - journal = {Econometrica}, - year = 2002, - volume = 70, - number = 1, - pages = {47--89}, -} - -@Article{bewleyPIH, - author = {Bewley, Truman}, - title = {The Permanent Income Hypothesis: A Theoretical Formulation}, - journal = {Journal of Economic Theory}, - year = 1977, - volume = 16, - pages = {252--292}, -} - -@Article{seIncFluct, - author = {Schechtman, Jack and Escudero, Vera}, - title = {Some results on `An Income Fluctuation Problem'}, - journal = {Journal of Economic Theory}, - year = 1977, - volume = 16, - pages = {151--166}, -} - -@Article{macurdyTimeseries, - author = {MaCurdy, Thomas}, - title = {The Use of Time Series Processes to Model the Error Structure of Earnings in a Longitudinal Data Analysis}, - journal = {Journal of Econometrics}, - year = 1982, - volume = 18, - number = 1, - pages = {83--114}, -} - -@Article{acCovariance, - author = {Abowd, John M. and Card, David}, - title = {On the Covariance Structure of Earnings and Hours Changes}, - journal = {Econometrica}, - year = 1989, - volume = 57, - pages = {411--445}, -} - -@Article{carroll&samwick:nature, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The {N}ature of {P}recautionary {W}ealth}, - journal = {Journal of Monetary Economics}, - year = 1997, - volume = 40, - number = 1, - pages = {41--71}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/nature.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/nature.pdf}, -} - -@Article{csNature, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The {N}ature of {P}recautionary {W}ealth}, - journal = {Journal of Monetary Economics}, - year = 1997, - volume = 40, - number = 1, - pages = {41--71}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/nature.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/nature.pdf}, -} - -@Article{jpCins, - author = {Jappelli, Tullio and Pistaferri, Luigi}, - title = {Intertemporal Choice and Consumption Mobility}, - journal = {Econometric Society World Congress 2000 Contributed Paper Number 0118}, - year = 2000, - month = {August}, - bdsk-url-1 = {http://fmwww.bc.edu/RePEc/es2000/0118.pdf}, - url = {http://fmwww.bc.edu/RePEc/es2000/0118.pdf}, -} - -@Article{styConsumption, - author = {Storesletten, Kjetil and Telmer, Chris I. and Yaron, Amir}, - title = {Consumption and Risk Sharing Over the Life Cycle}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - number = 3, - pages = {609--633}, - month = {Apr}, - bdsk-url-1 = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW-2/1/4934de112177c84dc55a3f37dbde0e16}, - biburl = {http://www.bibsonomy.org/bibtex/ 2eec5eb26c6514db248ef7956537b8aaa/smicha}, - keywords = {Risk sharing}, - url = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW- 2/1/4934de112177c84dc55a3f37dbde0e16}, -} - -@Article{sty:consumption, - author = {Storesletten, Kjetil and Telmer, Chris I. and Yaron, Amir}, - title = {Consumption and Risk Sharing Over the Life Cycle}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - number = 3, - pages = {609--633}, - month = {Apr}, - bdsk-url-1 = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW-2/1/4934de112177c84dc55a3f37dbde0e16}, - biburl = {http://www.bibsonomy.org/bibtex/ 2eec5eb26c6514db248ef7956537b8aaa/smicha}, - keywords = {Risk sharing}, - url = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW- 2/1/4934de112177c84dc55a3f37dbde0e16}, -} - -@Article{blpRisk, - author = {Blundell, Richard and Low, Hamish and Preston, Ian}, - title = {Decomposing Changes in Income Risk Using Consumption Data}, - journal = {Manusscript, University College London}, - year = 2008, - month = {July}, -} - -@Article{claridaErgodic, - author = {Clarida, Richard H.}, - title = {Consumption, Liquidity Constraints, and Asset Accumulation in the Face of Random Fluctuations in Income}, - journal = {International Economic Review}, - year = 1987, - volume = {XXVIII}, - pages = {339--351}, -} - -@Article{tocheUrisk, - author = {Toche, Patrick}, - title = {A Tractable Model of Pre{\-}cau{\-}tion{\-}ary Sav{\-}ing in Con{\-}tin{\-}uous Time}, - journal = {Economics Letters}, - year = 2005, - volume = 87, - number = 2, - pages = {267--272}, -} - -@Article{toche:urisk, - author = {Toche, Patrick}, - title = {A Tractable Model of Pre{\-}cau{\-}tion{\-}ary Sav{\-}ing in Con{\-}tin{\-}uous Time}, - journal = {Economics Letters}, - year = 2005, - volume = 87, - number = 2, - pages = {267--272}, -} - -@Article{ramseySave, - author = {Ramsey, Frank}, - title = {A Mathematical Theory of Saving}, - journal = {Economic Journal}, - year = 1928, - volume = 38, - number = 152, - pages = {543--559}, -} - -@Article{ckConcavity, - author = {Carroll, Christo{\-}pher D. and Kim{\-}ball, Miles S.}, - title = {On the {C}on{\-}cav{\-}ity of the {C}onsumption {F}unction}, - journal = {Econometrica}, - year = 1996, - volume = 64, - number = 4, - pages = {981--992}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}, - score = 10, - url = {https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}, -} - -@Article{jboydWeighted, - author = {Boyd, John H.}, - title = {Recursive Utility and the Ramsey Problem}, - journal = {Journal of Economic Theory}, - year = 1990, - volume = 50, - number = 2, - pages = {326--345}, - month = {April}, -} - -@article{BSinKS, - title = {Buffer-stock saving in a Krusell--Smith world}, - author = {Carroll, Christopher D and Sla{\-}calek, Jiri and Tokuoka, Kiichi}, - journal = {Economics Letters}, - volume = 132, - pages = {97--100}, - year = 2015, - publisher = {Elsevier}, - note = {At \href{https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}{https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}, -} - -@Article{BSinKmanuscriptS, - author = {Carroll, Christopher D. and Sla{\-}calek, Jiri and Tokuoka, Kiichi}, - title = {Digestible Microfoundations: Buffer Stock Saving in a Krusell-Smith World}, - journal = {Manuscript, Johns Hopkins University}, - year = 2011, - note = {At \href{https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}{https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}, -} - -@Article{hiraguchiBSProofs, - author = {Hiraguchi, Ryoji}, - title = {On the Convergence of Consumption Rules}, - journal = {Manuscript, Johns Hopkins University}, - year = 2003, -} - -@Article{havranek:metaHabits, - author = {Havranek, Tomas and Rusnak, Marek and Sokolova, Anna}, - title = {Habit Formation in Consumption: A Meta-Analysis}, - journal = {European Economic Review}, - year = 2017, - volume = 95, - number = {C}, - pages = {142--167}, - doi = {10.1016/j.euroecorev.2017}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrsHabit.pdf}, - keywords = {Habit formation; Consumption; Meta-analysis; Bayesian model averaging; Frequentist model averaging}, - publisher = {Elsevier}, - url = {https://doi.org/10.1016/j.euroecorev.2017.03.009}, -} - -@Article{krusellSmith_heterogeneity_JPE98, - author = {Per Krusell and Anthony A. Smith}, - title = {Income and Wealth Heterogeneity in the Macroeconomy}, - journal = {Journal of Political Economy}, - year = 1998, - volume = 106, - number = 5, - pages = {867--896}, - owner = {Jirka}, - timestamp = {2009.01.28}, -} - -@Article{ksHetero, - author = {Per Krusell and Anthony A. Smith}, - title = {Income and Wealth Heterogeneity in the Macroeconomy}, - journal = {Journal of Political Economy}, - year = 1998, - volume = 106, - number = 5, - pages = {867--896}, - owner = {Jirka}, - timestamp = {2009.01.28}, -} - -@Article{JIE2001, - author = {Kalemli-Ozcan, Sebnem and Sorensen, Bent E. and Yosha, Oved}, - title = {{Economic integration, industrial specialization, and the asymmetry of macroeconomic fluctuations}}, - journal = {Journal of International Economics}, - year = 2001, - volume = 55, - number = 1, - pages = {107-137}, - month = {October}, - abstract = {No abstract is available for this item.}, - url = {https://ideas.repec.org/a/eee/inecon/v55y2001i1p107-137.html}, -} - -@Article{REStat2008, - author = {María José Luengo-Prado and Bent E. S{\o}rensen}, - title = {{What Can Explain Excess Smoothness and Sensitivity of State-Level Consumption?}}, - journal = {The Review of Economics and Statistics}, - year = 2008, - volume = 90, - number = 1, - pages = {65-80}, - month = {February}, - abstract = { This article estimates marginal propensities to consume (MPC) out of current and lagged income for U.S. states using panel data regressions that control for time-specific and state-level fixed effects. The MPCs vary across states; in particular, the MPC out of current income is higher in states where income is more persistent, and the MPC out of lagged income is lower in agricultural states. We show that the estimated MPCs can be matched by a model of forward-looking consumers that includes all of the following features: time aggregation, durable goods, impatience, credit constraints, and risk sharing. Copyright by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.}, - url = {https://ideas.repec.org/a/tpr/restat/v90y2008i1p65-80.html}, -} - -@Book{king2016alchemy, - title = {The end of alchemy : money, banking and the future of the global economy}, - publisher = {Little, Brown}, - year = 2016, - author = {King, Mervyn A.}, - address = {London}, - isbn = {1408706105 9781408706107 9781408706114 1408706113}, - abstract = {The past twenty years saw unprecedented growth and stability followed by the worst financial crisis the industrialised world has ever witnessed. In the space of little more than a year what had been seen as the age of wisdom was viewed as the age of foolishness. Almost overnight, belief turned into incredulity. Most accounts of the recent crisis focus on the symptoms and not the underlying causes of what went wrong. But those events, vivid though they remain in our memories, comprised only the latest in a long series of financial crises since our present system of commerce became the cornerstone of modern capitalism. Alchemy explains why, ultimately, this was and remains a crisis not of banking – even if we need to reform the banking system – nor of policy-making – even if mistakes were made – but of ideas. In this refreshing and vitally important book, former governor of the Bank of England Mervyn King – an actor in this drama – proposes revolutionary new concepts to answer the central question: are money and banking a form of Alchemy or are they the Achilles heel of a modern capitalist economy? }, - added-at = {2016-04-16T15:51:52.000+0200}, - biburl = {https://www.bibsonomy.org/bibtex/25a003dea76d39a3f914183cffcf2b0b1/meneteqel}, - interhash = {8336b0a0bbd5b3719c6d70d75695e224}, - intrahash = {5a003dea76d39a3f914183cffcf2b0b1}, - keywords = {banking capitalism financial_crisis financial_market international_finance money}, - refid = 920656482, - timestamp = {2017-01-08T22:08:08.000+0100}, - url = {http://books.wwnorton.com/books/The-End-of-Alchemy/}, -} - -@TechReport{gordonFutureGrowth, - author = {Robert J. Gordon}, - title = {Is U.S. Economic Growth Over? Faltering Innovation Confronts the Six Headwinds}, - institution = {National Bureau of Economic Research}, - year = 2012, - type = {Working Paper}, - number = 18315, - month = {August}, - abstract = {This paper raises basic questions about the process of economic growth. It questions the assumption, nearly universal since Solow's seminal contributions of the 1950s, that economic growth is a continuous process that will persist forever. There was virtually no growth before 1750, and thus there is no guarantee that growth will continue indefinitely. Rather, the paper suggests that the rapid progress made over the past 250 years could well turn out to be a unique episode in human history. The paper is only about the United States and views the future from 2007 while pretending that the financial crisis did not happen. Its point of departure is growth in per-capita real GDP in the frontier country since 1300, the U.K. until 1906 and the U.S. afterwards. Growth in this frontier gradually accelerated after 1750, reached a peak in the middle of the 20th century, and has been slowing down since. The paper is about "how much further could the frontier growth rate decline?" The analysis links periods of slow and rapid growth to the timing of the three industrial revolutions (IR's), that is, IR #1 (steam, railroads) from 1750 to 1830; IR #2 (electricity, internal combustion engine, running water, indoor toilets, communications, entertainment, chemicals, petroleum) from 1870 to 1900; and IR #3 (computers, the web, mobile phones) from 1960 to present. It provides evidence that IR #2 was more important than the others and was largely responsible for 80 years of relatively rapid productivity growth between 1890 and 1972. Once the spin-off inventions from IR #2 (airplanes, air conditioning, interstate highways) had run their course, productivity growth during 1972-96 was much slower than before. In contrast, IR #3 created only a short-lived growth revival between 1996 and 2004. Many of the original and spin-off inventions of IR #2 could happen only once - urbanization, transportation speed, the freedom of females from the drudgery of carrying tons of water per year, and the role of central heating and air conditioning in achieving a year-round constant temperature. Even if innovation were to continue into the future at the rate of the two decades before 2007, the U.S. faces six headwinds that are in the process of dragging long-term growth to half or less of the 1.9 percent annual rate experienced between 1860 and 2007. These include demography, education, inequality, globalization, energy/environment, and the overhang of consumer and government debt. A provocative "exercise in subtraction" suggests that future growth in consumption per capita for the bottom 99 percent of the income distribution could fall below 0.5 percent per year for an extended period of decades.}, - doi = {10.3386/w18315}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18315}, -} - -@TechReport{cstKS_ecbWP, - author = {Carroll, Christopher D. and Sla{\-}calek, Jiri and Tokuoka, Kiichi}, - title = {Buffer-Stock Saving in a Krusell--Smith World}, - institution = {European Central Bank}, - year = 2014, - type = {working paper}, - number = 1633, - owner = {akmaral}, - timestamp = {2014.02.02}, -} - -@Article{lmp:wagerisk, - author = {Low, Hamish and Meghir, Costas and Pistaferri, Luigi}, - title = {Wage Risk and Employment Over the Life Cycle}, - journal = {American Economic Review}, - year = 2010, - volume = 100, - number = 4, - pages = {1432--1467}, -} - -@Article{kvH2M, - author = {Kaplan, Greg and Violante, Giovanni L}, - title = {A model of the consumption response to fiscal stimulus payments}, - journal = {Econometrica}, - year = 2014, - volume = 82, - number = 4, - pages = {1199--1239}, - publisher = {Wiley Online Library}, -} - -@TechReport{hausmanVeteransBonus, - author = {Hausman, Joshua K.}, - title = {Fiscal Policy and Economic Recovery: The Case of the 1936 Veterans' Bonus}, - institution = {University of California, Berkeley}, - year = 2012, - type = {mimeo}, -} - -@Article{jpCResponse, - author = {Tullio Jappelli and Luigi Pistaferri}, - title = {The Consumption Response to Income Changes}, - journal = {The Annual Review of Economics}, - year = 2010, - volume = 2, - number = 1, - pages = {479--506}, - publisher = {Annual Reviews}, -} - -@Article{carroll:babyboomcomment, - author = {Engen, Eric and William Gale and Cori Uccello}, - title = {The Adequacy of Retirement Saving}, - journal = {Brookings Papers on Economic Activity}, - year = 1999, - volume = 1999, - number = 2, - note = {Published Discussion}, -} - -@TechReport{otsuka:jobmarket, - author = {Otsuka, Misuzu}, - title = {Household Portfolio Choice with Illiquid Assets}, - institution = {Johns Hopkins University}, - year = 2003, - type = {manuscript}, -} - -@Article{bpp2008, - author = {Richard Blundell and Luigi Pistaferri and Ian Preston}, - title = {Consumption inequality and partial insurance}, - journal = AER, - year = 2008, - volume = 98, - number = 5, - pages = {1887-1921}, - month = {December}, -} - -@Article{mianRaoSufi_slump, - author = {Atif Mian and Kamalesh Rao and Amir Sufi}, - title = {Household Balance Sheets, Consumption, and the Economic Slump}, - journal = {Quarterly Journal of Economics}, - year = 2013, - volume = 128, - number = 4, - pages = {1687--1726}, -} - -@Book{jlsMeasuring, - title = {Measuring Economic Sustainability And Progress}, - publisher = {NBER}, - year = {2014 (forthcoming)}, - author = {Jorgenson, Dale W and Landefeld, J Steven and Schreyer, Paul}, - booktitle = {Measuring Economic Sustainability and Progress}, -} - -@Article{deatonReconsideration, - author = {Deaton, Angus}, - title = {{A} {R}econsideration of the {E}mpirical {I}mplications of {A}dditive {P}references}, - journal = {The Economic Journal}, - year = 1974, - volume = 84, - number = 334, - pages = {pp. 338-348}, - issn = 00130133, - copyright = {Copyright © 1974 Royal Economic Society}, - file = {deatonReconsideration.pdf:deatonReconsideration.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={Jun., 1974}, - language = {English}, - publisher = {Wiley on behalf of the Royal Economic Society}, - url = {http://www.jstor.org/stable/2231258}, -} - -@Article{dmAIDS, - author = {Deaton, Angus and Muellbauer, John}, - title = {{A}n {A}lmost {I}deal {D}emand {S}ystem}, - journal = {The American Economic Review}, - year = 1980, - volume = 70, - number = 3, - pages = {pp. 312-326}, - issn = 00028282, - note = {\url{http://www.jstor.org/stable/1805222}}, - comment = {Cite Stone (1954) as originating? Virtues: gives an arbitrary first-order approximation to any demand system; it satisfies the axioms of choice exactly; it aggregates perfectly over consumers without invoking parallel linear Engel curves; it has a functional form which is consistent with known household-budget data; it is simple to estimate, largely avoiding the need for non-linear estimation; and it can be used to test the restrictions of homogeneity and symmetry through linear restrictions on fixed parameters;``by proposing a demand system which is superior to its predecessors, we hope to be able to reveal more clearly the problems and potential solutions associated with the usual approach.'' the now standard rejection of homogeneity in demand analysis may be due to insufficient attention to the dynamic aspects of consumer behavior. ``In this paper we have introduced a new system of demand equations, the AIDS, in which the budget shares of the various commodities are linearly related to the logarithm of real total expenditure and the logarithms of relative prices.''}, - copyright = {Copyright © 1980 American Economic Association}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dmAIDS.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dmAIDS.pdf:PDF;dmAIDS.pdf:dmAIDS.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={Jun., 1980}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/1805222}, -} - -@Article{diZeroExpenditures, - author = {Deaton, Angus and Irish, Margaret}, - title = {{S}tatistical models for zero expenditures in household budgets}, - journal = {Journal of Public Economics}, - year = 1984, - volume = 23, - number = {1-2}, - pages = {59--80}, - file = {diZeroExpenditures.pdf:diZeroExpenditures.pdf:PDF}, - publisher = {Elsevier}, - url = {http://dx.doi.org/10.1016/0047-2727(84)90067-7}, -} - -@Article{bdiProfitable, - author = {Browning, Martin and Deaton, Angus and Irish, Margaret}, - title = {{A} {P}rofitable {A}pproach to {L}abor {S}upply and {C}ommodity {D}emands over the {L}ife-{C}ycle}, - journal = {Econometrica}, - year = 1985, - volume = 53, - number = 3, - pages = {pp. 503-544}, - issn = 00129682, - abstract = {The paper presents a general theoretical framework for the analysis of integrated life-cycle models of consumption and family labor supply under uncertainty. Profit functions are used to represent intertemporally additive preferences and to yield convenient characterizations of ``constant marginal utility of wealth'' or ``Frisch'' demand functions. Conditions on preferences derived that allow additive fixed-effect specifications for the Frisch demands. Data from the British Family Expenditure Surveys from 1970-77 are used to derive panel-like information on male labor supply and consumption for several age cohorts over time. These data reproduce standard life-cycle patterns of hours and wages, but more detailed analysis shows that the theory is incapable of offering a satisfactory common explanation of the behavior of hours and wages over both the business cycle and the life cycle. Similarly, although the theory can explain the life-cycle behavior of hours and consumption separately, the same model cannot explain both, essentially because of a failure in symmetry.}, - copyright = {Copyright © 1985 The Econometric Society}, - file = {bdiProfitable.pdf:bdiProfitable.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={May, 1985}, - language = {English}, - publisher = {The Econometric Society}, - url = {http://www.jstor.org/stable/1911653}, -} - -@Article{bdTimeSeriesC, - author = {Blinder, Alan S. and Deaton, Angus S.}, - title = {{T}he {T}ime {S}eries {C}onsumption {F}unction {R}evisited}, - journal = {Brookings Papers on Economic Activity, 1985:2}, - year = 1985, - pages = {465--521}, - file = {bdTimeSeriesC.pdf:bdTimeSeriesC.pdf:PDF}, - url = {http://www.jstor.org/stable/2534444}, -} - -@Article{deatonPanelFromCross, - author = {Angus Deaton}, - title = {{P}anel {D}ata from {T}ime {S}eries and {C}ross {S}ections}, - journal = {Journal of Econometrics}, - year = 1985, - volume = 30, - pages = {109--26}, - doi = {10.1016/0304-4076(85)90134-4}, - file = {deatonPanelFromCross.pdf:deatonPanelFromCross.pdf:PDF}, - url = {http://dx.doi.org/10.1016/0304-4076(85)90134-4}, -} - -@TechReport{deatonLifeCycle, - author = {Deaton, Angus}, - title = {{L}ife-cycle models of consumption: {I}s the evidence consistent with the theory?}, - year = 1987, - abstract = {The paper considers avariety of evidence that casts light on the validity of the life-cycle model of consumer behavior. In the first part of the paper, simple non-parametric tests are used to examine representative agent models of consumption and labor supply. It seems extremely unlikely that post-war United States evidence can usefully be explained by such a model, at least if the assumption of intertemporal separability is maintained. Changes in aggregate consumption bear little relationship to after tax real interest rates, and consumption has tended to grow even during periods of negative real interest rates. Joint consideration of consumption and labor supply does nothing to resolve the problems that arise when consumption is taken by itself. It is argued that these results cast doubt, not onlife-cycle theory itself, but on the representative agent assumption; there is little reason to suppose that changes inaggregate consumption should be related to the real interestrate.The second part of the paper is concerned with the time-series representation of disposable income and with it simplications for the behavior of consumption under the assumptions of the life-cycle model. If real disposable income is truly a first-order autoregressive process in first differences,a process that fits the data well and is becoming increasing popular in the macro time-series literature,then the life-cycle model implies that changes in consumption should be more variable than innovations in income, a prediction that is manifestly false. Various possible resolutions of this problem are reviewed, including habit formation and alternative representations of disposable income. The paper concludes with some evidence on the excess sensitivity question, why it is that consumption responds to anticipated changes in income. Monte Carlo evidence supports the suggestion made by Mankiw and Shapiro that the presence of time trends can cause severe problems of inference in models containing variables with unit roots, but the results makeit seem unlikely that this is the cause of the widespread excess sensitivity findings.}, - file = {deatonLifeCycle.pdf:deatonLifeCycle.pdf:PDF}, - journal = {Advances in econometrics. 2}, - pages = 121, - publisher = {Cambridge University Press}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w1910}, - volume = 2, -} - -@Article{cdSmooth, - author = {Campbell, John and Deaton, Angus}, - title = {{W}hy is {C}onsumption {S}o {S}mooth?}, - journal = {The Review of Economic Studies}, - year = 1989, - volume = 56, - number = 3, - pages = {357--373}, - month = {jul}, - issn = {0034-6527}, - note = {\url{http://www.jstor.org/stable/2297552}}, - abstract = {For thirty years it has been accepted that consumption is smooth because permanent income is smoother than measured income. This paper considers the evidence for the contrary position, that permanent income is in fact less smooth than measured income, so that the smoothness of consumption cannot be straightforwardly explained by permanent income theory. The paper argues that in postwar U.S. quarterly data, consumption is smooth because it responds with a lag to changes in income.}, - bdsk-url-1 = {http://links.jstor.org/sici?sici=0034-6527%28198907%2956%3A3%3C357%3AWICSS%3E2.0.CO%3B2-V}, - copyright = {Copyright 1989 The Review of Economic Studies Ltd.}, - date-modified ={2011-10-14 19:47:51 -0400}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cdSmooth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cdSmooth.pdf:PDF;cdSmooth.pdf:cdSmooth.pdf:PDF}, - jstor_articletype ={Full Length Article}, - jstor_date = 198907, - jstor_formatteddate ={Jul., 1989}, - publisher = {The Review of Economic Studies Ltd.}, - url = {http://www.jstor.org/stable/2297552}, -} - -@Article{deatonLDCs, - author = {Deaton, Angus}, - title = {{H}ousehold {S}aving in {LDC}s: {C}redit {M}arkets, {I}nsurance and {W}elfare}, - journal = {The Scandinavian Journal of Economics}, - year = 1992, - volume = 94, - number = 2, - pages = {pp. 253-273}, - issn = 03470520, - abstract = {Some ways in which farmers in LDCs can protect their living standards against fluctuations in income are discussed. After considering the theory of consumption under uncertainty when there is no or limited borrowing, the case where some borrowing is allowed is also examined. Empirical evidence from some LDCs is used to look at (i) household borrowing and lending, their importance and timing, and their role in smoothing consumption, and (ii) the life-cycle behavior of consumption and income. The results suggest that ``hump'' life-cycle saving is not likely to be a very important generator of wealth in LDCs and provide further evidence on the limited role of credit markets.}, - copyright = {Copyright © 1992 The Scandinavian Journal of Economics}, - file = {deatonLDCs.pdf:deatonLDCs.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={Jun., 1992}, - jstor_issuetitle ={Proceedings of a Conference on Savings Behavior: Theory, International Evidence and Policy Implications}, - language = {English}, - publisher = {Wiley on behalf of The Scandinavian Journal of Economics}, - url = {http://www.jstor.org/stable/3440451}, -} - -@Article{dlCommodity, - author = {Deaton, Angus and Laroque, Guy}, - title = {{O}n the {B}ehaviour of {C}ommodity {P}rices}, - journal = {The Review of Economic Studies}, - year = 1992, - volume = 59, - number = 1, - pages = {1-23}, - note = {\url{http://restud.oxfordjournals.org/content/59/1/1.abstract}}, - abstract = {This paper applies the standard rational expectations competitive storage model to the study of thirteen commodities. It explains the skewness, and the existence of rare but violent explosions in prices, coupled with a high degree of price autocorrelation in more normal times. A central feature of the model is the explicit recognition of the fact that it is impossible for the market as a whole to carry negative inventories, and this introduces an essential non-linearity which carries through into non-linearity of the predicted commodity price series. For most of the thirteen commodity prices, the behaviour of prices from one year to the next conforms to the predictions of the theory about conditional expectations and conditional variances. However, given the non-linearity both of the model and of the actual prices, such conformity is not enough to ensure that the theory yields a complete account of the data. In particular, the analysis does not yield a fully satisfactory explanation for the high autocorrelation observed in the data.}, - doi = {10.2307/2297923}, - eprint = {http://restud.oxfordjournals.org/content/59/1/1.full.pdf+html}, - file = {dlCommodity.pdf:dlCommodity.pdf:PDF}, - url = {http://restud.oxfordjournals.org/content/59/1/1.abstract}, -} - -@Article{dpInequality, - author = {Deaton, Angus and Paxson, Christina}, - title = {{I}ntertemporal {C}hoice and {I}nequality}, - journal = {Journal of Political Economy}, - year = 1994, - volume = 102, - number = 3, - pages = {pp. 437-467}, - issn = 00223808, - abstract = {The permanent income hypothesis implies that, for any cohort of people born at the same time, inequality in both consumption and income should grow with age. We investigate this prediction using cohort data constructed from 11 years of household survey data from the United States, 22 years from Great Britain, and 14 years from Taiwan. The data show that within-cohort consumption and income inequality measures do indeed increase with age in the three economies and that the rate of increase is similar in all three. According to the permanent income hypothesis, the increase in inequality reflects cumulative differences in the effects of luck on consumption. Other models of intertemporal choice--such as those with strong precautionary motives or liquidity constraints--can limit or even prevent the spread of inequality, as can insurance arrangements that share risk across individuals. The evidence on the spread of inequality can therefore be used to help quantify the extent to which private and social arrangements moderate the impact of risk on the distribution of individual welfare.}, - copyright = {Copyright © 1994 The University of Chicago Press}, - file = {dpInequality.pdf:dpInequality.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={Jun., 1994}, - language = {English}, - publisher = {The University of Chicago Press}, - url = {http://www.jstor.org/stable/2138618}, -} - -@InCollection{dpTaiwan, - author = {Deaton, Angus S. and Christina H. Paxson}, - title = {{S}aving, {G}rowth, and {A}ging in {T}aiwan}, - booktitle = {Studies in the Economics of Aging}, - publisher = {University of Chicago Press}, - year = 1994, - editor = {Wise, David A.}, - address = {Chicago}, - file = {dpTaiwan.pdf:dpTaiwan.pdf:PDF}, - url = {http://www.nber.org/chapters/c7349.pdf}, -} - -@Article{dpEffects, - author = {{Deaton, Angus S.} and {Christina H. Paxson}}, - title = {{T}he {E}ffects of {E}conomic and {P}opulation {G}rowth on {N}ational {S}aving and {I}nequality}, - journal = {Demography}, - year = 1997, - volume = 34, - number = 1, - pages = {97--114}, - file = {dpEffects.pdf:dpEffects.pdf:PDF}, - url = {http://www.jstor.org/stable/2061662}, -} - -@Article{dpAgingAndInequality, - author = {Deaton, Angus S. and Paxson, Christina H.}, - title = {{A}ging and {I}nequality in {I}ncome and {H}ealth}, - journal = {The American Economic Review}, - year = 1998, - volume = 88, - number = 2, - pages = {pp. 248-253}, - issn = 00028282, - copyright = {Copyright © 1998 American Economic Association}, - file = {dpAgingAndInequality.pdf:dpAgingAndInequality.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={May, 1998}, - jstor_issuetitle ={Papers and Proceedings of the Hundred and Tenth Annual Meeting of the American Economic Association}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/116928}, -} - -@Article{deatonCommodityAfrica, - author = {Deaton, Angus}, - title = {{C}ommodity {P}rices and {G}rowth in {A}frica}, - journal = {The Journal of Economic Perspectives}, - year = 1999, - volume = 13, - number = 3, - pages = {pp. 23-40}, - issn = 08953309, - copyright = {Copyright © 1999 American Economic Association}, - file = {deatonCommodityAfrica.pdf:deatonCommodityAfrica.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={Summer, 1999}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2646983}, -} - -@Book{deatonHH, - title = {{T}he {A}nalysis {O}f {H}ousehold {S}urveys: {A} {M}icroeconometric {A}pproach {T}o {D}evelopment {P}olicy}, - publisher = {Johns Hopkins Univ. Press}, - year = 2000, - author = {Deaton, Angus S.}, - address = {Baltimore, MD}, - edition = {3. printing}, - isbn = 0801852544, - biburl = {http://www.bibsonomy.org/bibtex/26f2f87784d59d86af8c471e5857865a0/fbw_hannover}, - url = {http://gso.gbv.de/DB=2.1/CMD?ACT=SRCHA&SRT=YOP&IKT=1016&TRM=ppn+485128217&sourceid=fbw_bibsonomy}, -} - -@Article{dpCohort, - author = {{Deaton, Angus S.} and {Christina H. Paxson}}, - title = {{S}aving and {G}rowth: {A}nother {L}ook at the {C}ohort {E}vidence}, - journal = {Manuscript, Princeton University}, - year = 1998, - file = {dpCohort.pdf:dpCohort.pdf:PDF}, - url = {http://www.princeton.edu/rpds/papers/pdfs/deaton_paxson_saving_growth.pdf}, -} - -@Article{dpGrowthSaving, - author = {Deaton, Angus and Paxson, Christina}, - title = {{G}rowth and {S}aving {A}mong {I}ndividuals and {H}ouseholds}, - journal = {Review of Economics and Statistics}, - year = 2000, - volume = 82, - number = 2, - pages = {212--25}, - file = {dpGrowthSaving.pdf:dpGrowthSaving.pdf:PDF}, - url = {http://www.princeton.edu/~deaton/downloads/Growth_and_Saving_Among_Individuals_and_Households.pdf}, -} - -@Article{dlHousingGrowth, - author = {Deaton, Angus and Laroque, Guy}, - title = {{H}ousing, {L}and {P}rices, and {G}rowth}, - journal = {Journal of Economic Growth}, - year = 2001, - volume = 6, - number = 2, - pages = {pp. 87--105}, - issn = 13814338, - abstract = {We consider the effects of land for housing on the growth process within an overlapping generations model. Our original interest was to enquire whether the introduction of land into a growth model might account for a ''virtuous'' circle in which saving-up for land (or housing) generates growth and higher land prices, generating further increases in saving, and so on. Such an account is sometimes proposed for high saving rates in East Asia, where mortgage markets are limited or absent. Our analysis does not support such a story. The user cost of land reduces the resources available for consumption of reproducible goods, so that the introduction of intrinsically valuable land into a growth model lowers the equilibrium stock of capital and raises the equilibrium interest rate. On the asset side, the presence of land causes life-cycle savings to be reallocated away from productive capital towards land. The social optimum in such a model is for land to be nationalized and provided at zero rent. Land markets, far from generating saving and growth, are inimical to capital formation.}, - copyright = {Copyright © 2001 Springer}, - file = {dlHousingGrowth.pdf:dlHousingGrowth.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={Jun., 2001}, - language = {English}, - publisher = {Springer}, - url = {http://www.jstor.org/stable/40215868}, -} - -@Article{deatonHealthInequality, - author = {Deaton, Angus}, - title = {{H}ealth, {I}nequality, and {E}conomic {D}evelopment}, - journal = {The Journal of Economic Literature}, - year = 2003, - volume = 41, - number = 1, - pages = {113--158}, - file = {deatonHealthInequality.pdf:deatonHealthInequality.pdf:PDF}, - url = {https://www.aeaweb.org/articles.php?doi=10.1257/002205103321544710}, -} - -@InCollection{dcBrokenDown, - author = {Case, Anne and Deaton, Angus S}, - title = {{B}roken down by work and sex: {H}ow our health declines}, - booktitle = {Analyses in the Economics of Aging}, - publisher = {University of Chicago Press}, - year = 2005, - pages = {185--212}, - file = {dcBrokenDown.pdf:dcBrokenDown.pdf:PDF}, -} - -@Article{deatonMeasuringPoverty, - author = {Deaton, Angus}, - title = {{M}easuring {P}overty in a {G}rowing {W}orld ({O}r {M}easuring {G}rowth in a {P}oor {W}orld)}, - journal = {The Review of Economics and Statistics}, - year = 2005, - volume = 87, - number = 1, - pages = {pp. 1-19}, - issn = 00346535, - abstract = {The extent to which growth reduces global poverty has been disputed for 30 years. Although there are better data than ever before, controversies are not resolved. A major problem is that consumption measured from household surveys, which is used to measure poverty, grows less rapidly than consumption measured in national accounts, in the world as a whole and in large countries, particularly India, China, and the United States. In consequence, measured poverty has fallen less rapidly than appears warranted by measured growth in poor countries. One plausible cause is that richer households are less likely to participate in surveys. But growth in the national accounts is also upward biased, and consumption in the national accounts contains large and rapidly growing items that are not consumed by the poor and not included in surveys. So it is possible for consumption of the poor to grow less rapidly than national consumption, without any increase in measured inequality. Current statistical procedures in poor countries understate the rate of global poverty reduction, and overstate growth in the world.}, - copyright = {Copyright © 2005 The MIT Press}, - file = {deatonMeasuringPoverty.pdf:deatonMeasuringPoverty.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={Feb., 2005}, - language = {English}, - publisher = {The MIT Press}, - url = {http://www.jstor.org/stable/40042916}, -} - -@Article{cdlMortality, - author = {Cutler, David and Deaton, Angus and Lleras-Muney, Adriana}, - title = {{T}he {D}eterminants of {M}ortality}, - journal = {The Journal of Economic Perspectives}, - year = 2006, - volume = 20, - number = 3, - pages = {97-120}, - abstract = {The pleasures of life are worth nothing if one is not alive to experience them. Through the twentieth century in the United States and other high-income countries, growth in real incomes was accompanied by a historically unprecedented decline in mortality rates that caused life expectancy at birth to grow by nearly 30 years. In the years just after World War II, life expectancy gaps between countries were falling across the world. Poor countries enjoyed rapid increases in life-expectancy through the 1970s, with the gains in some cases exceeding an additional year of life expectancy per year, though the HIV/AIDS epidemic and the transition in Russia and Eastern Europe have changed that situation. We investigate the determinants of the historical decline in mortality, of differences in mortality across countries, and of differences in mortality across groups within countries. A good theory of mortality should explain all of the facts we will outline. No such theory exists at present, but at the end of the paper we will sketch a tentative synthesis.}, - doi = {10.1257/089533006780387634}, - file = {cdlMortality.pdf:cdlMortality.pdf:PDF}, - url = {http://www.ingentaconnect.com/content/aea/jep/2006/00000020/00000003/art00005}, -} - -@Article{deatonHuman, - author = {Deaton, Angus S}, - title = {{A}re economists human?}, - journal = {The Lancet}, - year = 2009, - volume = 374, - number = 9701, - pages = {1585--1586}, - file = {deatonHuman.pdf:deatonHuman.pdf:PDF}, - publisher = {Elsevier}, - url = {http://www.lancet.com/journals/lancet/article/PIIS0140-6736(09)61936-X}, -} - -@Article{deatonInstruments, - author = {Deaton, Angus}, - title = {{I}nstruments, {R}andomization, and {L}earning about {D}evelopment}, - journal = {Journal of Economic Literature}, - year = 2010, - volume = 48, - number = 2, - pages = {pp. 424-455}, - issn = 00220515, - abstract = {There is currently much debate about the effectiveness of foreign aid and about what kind of projects can engender economic development. There is skepticism about the ability of econometric analysis to resolve these issues or of development agencies to learn from their own experience. In response, there is increasing use in development economics of randomized controlled trials (RCTs) to accumulate credible knowledge of what works, without overreliance on questionable theory or statistical methods. When RCTs are not possible, the proponents of these methods advocate quasirandomization through instrumental variable (IV) techniques or natural experiments. I argue that many of these applications are unlikely to recover quantities that are useful for policy or understanding: two key issues are the misunderstanding of exogeneity and the handling of heterogeneity. I illustrate from the literature on aid and growth. Actual randomization faces similar problems as does quasi-randomization, notwithstanding rhetoric to the contrary. I argue that experiments have no special ability to produce more credible knowledge than other methods, and that actual experiments are frequently subject to practical problems that undermine any claims to statistical or epistemic superiority. I illustrate using prominent experiments in development and elsewhere. As with IV methods, RCT-based evaluation of projects, without guidance from an understanding of underlying mechanisms, is unlikely to lead to scientific progress in the understanding of economic development. I welcome recent trends in development experimentation away from the evaluation of projects and toward the evaluation of theoretical mechanisms.}, - copyright = {Copyright © 2010 American Economic Association}, - file = {deatonInstruments.pdf:deatonInstruments.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={JUNE 2010}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/20778731}, -} - -@Article{deatonMechanisms, - author = {Deaton, Angus}, - title = {{U}nderstanding the {M}echanisms of {E}conomic {D}evelopment}, - journal = {The Journal of Economic Perspectives}, - year = 2010, - volume = 24, - number = 3, - pages = {3--16}, - file = {deatonMechanisms.pdf:deatonMechanisms.pdf:PDF}, - publisher = {American Economic Association}, - url = {https://www.aeaweb.org/articles.php?doi=10.1257/jep.24.3.3}, -} - -@Article{dkWellBeing, - author = {Kahneman, Daniel and Deaton, Angus}, - title = {{H}igh income improves evaluation of life but not emotional well-being}, - journal = {Proceedings of the National Academy of Sciences}, - year = 2010, - volume = 107, - number = 38, - pages = {16489-16493}, - abstract = {Recent research has begun to distinguish two aspects of subjective well-being. Emotional well-being refers to the emotional quality of an individual's everyday experience—the frequency and intensity of experiences of joy, stress, sadness, anger, and affection that make one's life pleasant or unpleasant. Life evaluation refers to the thoughts that people have about their life when they think about it. We raise the question of whether money buys happiness, separately for these two aspects of well-being. We report an analysis of more than 450,000 responses to the Gallup-Healthways Well-Being Index, a daily survey of 1,000 US residents conducted by the Gallup Organization. We find that emotional well-being (measured by questions about emotional experiences yesterday) and life evaluation (measured by Cantril's Self-Anchoring Scale) have different correlates. Income and education are more closely related to life evaluation, but health, care giving, loneliness, and smoking are relatively stronger predictors of daily emotions. When plotted against log income, life evaluation rises steadily. Emotional well-being also rises with log income, but there is no further progress beyond an annual income of \$75,000. Low income exacerbates the emotional pain associated with such misfortunes as divorce, ill health, and being alone. We conclude that high income buys life satisfaction but not happiness, and that low income is associated both with low life evaluation and low emotional well-being.}, - doi = {10.1073/pnas.1011492107}, - eprint = {http://www.pnas.org/content/107/38/16489.full.pdf+html}, - file = {dkWellBeing.pdf:dkWellBeing.pdf:PDF}, - url = {http://www.pnas.org/content/107/38/16489.abstract}, -} - -@Article{ssbdWellbeing, - author = {Stone, Arthur A and Schwartz, Joseph E and Broderick, Joan E and Deaton, Angus}, - title = {{A} {S}napshot {O}f {T}he {A}ge {D}istribution {O}f {P}sychological {W}ell-{B}eing {I}n {T}he {U}nited {S}tates}, - journal = {Proceedings of the National Academy of Sciences}, - year = 2010, - volume = 107, - number = 22, - pages = {9985--9990}, - file = {ssbdWellbeing.pdf:ssbdWellbeing.pdf:PDF}, - publisher = {National Acad Sciences}, -} - -@Article{deatonHealthInjustice, - author = {Deaton, Angus}, - title = {{W}hat does the empirical evidence tell us about the injustice of health inequalities?}, - journal = {Available at SSRN 1746951}, - year = 2011, - file = {deatonHealthInjustice.pdf:deatonHealthInjustice.pdf:PDF}, - url = {http://wws-roxen.princeton.edu/chwpapers/papers/What_does_the_empirical_evidence_tell_us_about_the_injustice.pdf}, -} - -@InCollection{deatonReligion, - author = {Deaton, Angus}, - title = {{A}ging, {R}eligion, and {H}ealth}, - booktitle = {Explorations in the Economics of Aging}, - publisher = {University of Chicago Press}, - year = 2011, - pages = {237--262}, - file = {deatonReligion.pdf:deatonReligion.pdf:PDF}, - url = {http://www.nber.org/chapters/c11944.pdf}, -} - -@Article{deatonCrisis, - author = {Deaton, Angus}, - title = {{T}he financial crisis and the well-being of {A}mericans: 2011 {OEP} {H}icks {L}ecture}, - journal = {Oxford Economic Papers}, - year = 2012, - volume = 64, - number = 1, - pages = {1-26}, - abstract = {I use daily data on self-reported well-being (SWB) to examine how the Great Recession affected the emotional and evaluative lives of the population. In the fall of 2008 and lasting into the spring of 2009, at the bottom of the stock market, Americans reported sharp declines in their life evaluation, sharp increases in worry and stress, and declines in positive affect. By the end of 2010, in spite of continuing high unemployment, these measures had largely recovered. The SWB measures do a better job of monitoring short-run levels of anxiety than the medium-term evolution of the economy. Even very large macroeconomic shocks will cause small and hard to detect effects on SWB. Life evaluation questions are extremely sensitive to question order effects—asking political questions first reduces reported life evaluation by an amount that dwarfs the effects of even the worst of the crisis.}, - doi = {10.1093/oep/gpr051}, - eprint = {http://oep.oxfordjournals.org/content/64/1/1.full.pdf+html}, - file = {deatonCrisis.pdf:deatonCrisis.pdf:PDF}, - url = {http://oep.oxfordjournals.org/content/64/1/1.abstract}, -} - -@Article{dsHappiness, - author = {Deaton, Angus and Stone, Arthur A}, - title = {{T}wo {H}appiness {P}uzzles}, - journal = {American Economic Review Papers and Proceedings}, - year = 2013, - file = {dsHappiness.pdf:dsHappiness.pdf:PDF}, -} - -@Article{agAssetReturns, - author = {Aiyagari, S. Rao and Gertler, Mark}, - title = {Asset Returns with Transactions Costs and Uninsured Individual Risk}, - journal = {Journal of Monetary Economics}, - year = 1990, - pages = {311--331}, -} - -@TechReport{amCreditAndC, - author = {Aron, Janine and Muellbauer, John}, - title = {Housing Wealth, Credit Conditions and Consumption}, - institution = {Centre for the Study of African Economies, Oxford University}, - year = 2006, - type = {working paper}, - number = 9, - month = {June}, -} - -@Article{arrowGrowth, - author = {Arrow, Kenneth J.}, - title = {The Economic Implications of Learning by Doing}, - journal = {Review of Economic Studies}, - year = 1962, - volume = 29, - number = 3, - pages = {155--173}, - month = {June}, - bdsk-url-1 = {http://links.jstor.org/sici?sici=0034-6527%28196206%2929%3A3%3C155%3ATEIOLB%3E2.0.CO%3B2-%23}, - citeulike-article-id =681, - keywords = {doing learning}, - url = {http://links.jstor.org/sici?sici=0034-6527%28196206%2929%3A3%3C155%3ATEIOLB%3E2.0.CO%3B2-%23}, -} - -@Article{Bacchetta1997, - author = {Philippe Bacchetta and Stefan Gerlach}, - title = {Consumption and Credit Constraints: International Evidence}, - journal = {Journal of Monetary Economics}, - year = 1997, - volume = 40, - pages = {207--238}, -} - -@Article{baiPanel, - author = {Bai, Jushan}, - title = {Estimating Cross-section Common Stochastic Trends in Nonstationary Panel Data}, - journal = {Journal of Econometrics}, - year = 2004, - volume = 122, - pages = {137--183}, -} - -@Article{baiFactors, - author = {Bai, Jushan}, - title = {Inferential Theory for Factor Models of Large Dimensions}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {135--171}, -} - -@Article{Bai2002, - author = {Jushan Bai and Serena Ng}, - title = {Determining the Number of Factors in Approximate Factor Models}, - journal = {Econometrica}, - year = 2002, - volume = 70, - pages = {191--221}, -} - -@InCollection{ball:sacrifice, - author = {Ball, Laurence}, - title = {What Determines the Sacrifice Ratio?}, - booktitle = {Monetary Policy}, - publisher = {University of Chicago Press}, - year = {1994)}, - editor = {Mankiw, N. Gregory}, - chapter = 5, - address = {(Chicago:}, -} - -@Article{batchelorInflation, - author = {Ray Batchelor and A. Orr}, - title = {Inflation Expectations Revisited}, - journal = {Economica}, - year = 1988, - volume = 55, - pages = {17--31}, -} - -@Article{bkBootstrap, - author = {Jeremy Berkowitz and Lutz Kilian}, - title = {Recent Developments in Bootstrapping Time Series}, - journal = {Econometric Reviews}, - year = 2000, - volume = 19, - pages = {1--48}, -} - -@Article{bbDataRich, - author = {Bernanke, Ben and Boivin, Jean}, - title = {Monetary Policy in a Data-Rich Environment}, - journal = {Journal of Monetary Economics}, - year = 2003, - volume = 50, - pages = {525--546}, -} - -@TechReport{ber02, - author = {Carol Bertaut}, - title = {Equity Prices, Household Wealth, and Consumption Growth in Foreign Industrial Countries: Wealth Effects in the 1990s}, - institution = {Federal Reserve Board}, - year = 2002, - type = {IFDP working paper}, - number = 724, -} - -@Article{bnMoreBetter, - author = {Boivin, Jean and Ng, Serena}, - title = {Are More Data Always Better for Factor Analysis?}, - journal = {Journal of Econometrics}, - year = 2005, -} - -@Article{bxTayVsCay, - author = {Michael J. Brennan and Y. Xia}, - title = {Tay's as Good as Cay}, - journal = {Finance Research Letters}, - year = 2005, - volume = 2, - pages = {1--14}, - note = {\url{http://dx.doi.org/10.1016/j.frl.2004.10.001}}, - doi = {doi:10.1016/j.frl.2004.10.001}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bxTayVsCay.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bxTayVsCay.pdf:PDF}, - url = {http://dx.doi.org/10.1016/j.frl.2004.10.001}, -} - -@Article{browningCollado:AntIncChanges, - author = {Browning, Martin and Collado, M. Dolores}, - title = {The Response of Expenditures to Anticipated Income Changes: Panel Data Estimates}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - number = 3, - pages = {681--692}, - month = aug, -} - -@Article{bd03, - author = {Joseph P. Byrne and E. Phillip Davis}, - title = {Disaggregate Wealth and Aggregate Consumption: An Investigation of Empirical Relationships for the G7}, - journal = {Oxford Bulletin of Economics and Statistics}, - year = 2003, - volume = 65, - number = 2, - pages = {197--220}, - month = 05, -} - -@Article{cc07_microWealthE, - author = {John Y. Campbell and {Jo\~ao} F. Cocco}, - title = {How Do House Prices Affect Consumption? Evidence from Micro Data}, - journal = {Journal of Monetary Economics}, - year = 2007, - volume = 54, - number = 3, - pages = {591--621}, - note = {forthcoming}, -} - -@Article{Carlson1975, - author = {J. Carlson and M. Parkin}, - title = {Inflation Expectations}, - journal = {Economica}, - year = 1975, - volume = 42, - pages = {123--137}, -} - -@Article{2PeriodLCModel, - author = {Carroll, Christopher D.}, - title = {The Random Walk Model of Consumption}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/2PeriodLCModel% .pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/2PeriodLCModel.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/2PeriodLCModel.pdf}, -} - -@Article{BufferStockAgeProfiles, - author = {Carroll, Christopher D.}, - title = {BufferStockAgeProfiles}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/BufferStockAge% Profiles.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/BufferStockAgeProfiles.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/BufferStockAgeProfiles.pdf}, -} - -@Article{EpiOfC, - author = {Carroll, Christopher D.}, - title = {Sticky Expectations and Consumption Dynamics}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/EpiOfC.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/EpiOfC.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/EpiOfC.pdf}, -} - -@Article{carroll:epidemicInflQJE, - author = {Carroll, Christopher D.}, - title = {{M}acroeconomic {E}xpectations of {H}ouseholds and {P}rofessional {F}orecasters}, - journal = {Quarterly Journal of Economics}, - year = 2003, - volume = 118, - number = 1, - pages = {269--298}, - note = {\href{https://www.econ2.jhu.edu/people/ccarroll/epidemiologyQJE.pdf}{[PDF]},\href{https://www.econ2.jhu.edu/people/ccarroll/Epidemiology.zip}{[Code]}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/epidemiologyQJE.pdf}, -} - -@Article{carroll:epidemicinfljhu, - author = {Carroll, Christopher D.}, - title = {The Epidemiology of Macroeconomic Expectations}, - journal = {Johns Hopkins University Economics Department Working Paper Number 462}, - year = 2002, - month = {December}, -} - -@Article{carrollRequiem, - author = {Carroll, Christopher D.}, - title = {Requiem for the Representative Consumer? Aggregate Implications of Microeconomic Consumption Behavior}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - number = 2, - pages = {110--115}, - month = {May}, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}, -} - -@Article{carrollRequiemNoNotes, - author = {Carroll, Christopher D.}, - title = {Requiem for the Representative Consumer? Aggregate Implications of Microeconomic Consumption Behavior}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - number = 2, - pages = {110--115}, - month = {May}, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}, -} - -@article{carroll2011large, - title = {How large are housing and financial wealth effects? A new approach}, - author = {Carroll, Christopher D and Otsuka, Misuzu and Sla{\-}calek, Jiri}, - journal = {Journal of Money, Credit and Banking}, - volume = 43, - number = 1, - pages = {55--79}, - year = 2011, - publisher = {Wiley Online Library} -} - -@article{cosHousingWealth, - title = {How large are housing and financial wealth effects? A new approach}, - author = {Carroll, Christopher D and Otsuka, Misuzu and Sla{\-}calek, Jiri}, - journal = {Journal of Money, Credit and Banking}, - volume = 43, - number = 1, - pages = {55--79}, - year = 2011, - publisher = {Wiley Online Library} -} - -@TechReport{cosHowLargeWP, - author = {Carroll, Christopher D. and Otsuka, Misuzu and Sla{\-}calek, Jiri}, - title = {How Large Is the Housing Wealth Effect? A New Approach}, - institution = {Johns Hopkins University}, - year = 2006, - type = {Working Paper No. 535}, - number = 12746, - address = {\href{http://www.econ.jhu.edu/pdf/papers/wp535carroll.pdf}{www.econ.jhu.edu/pdf/papers/wp535carroll.pdf}}, - month = {October}, -} - -@TechReport{cssIntlStickyCECB, - author = {Carroll, Christopher D. and Sla{\-}calek, Jiri and Sommer, Martin}, - title = {International evidence on sticky consumption growth}, - institution = {European Central Bank}, - year = 2008, - type = {Working Paper Series}, - number = 886, - month = Mar, - bdsk-url-1 = {http://ideas.repec.org/p/ecb/ecbwps/20080886.html}, - score = 80, - url = {http://ideas.repec.org/p/ecb/ecbwps/20080886.html}, -} - -@Article{cstStickyC, - author = {Carroll, Christopher D. and Sla{\-}calek, Jiri and Tokuoka, Kiichi}, - title = {Sticky Expectations and Consumption Dynamics}, - journal = {Manuscript, Johns Hopkins University}, - year = 2011, - note = {\url{http://llorracc.net/Hidden/Papers/cstStickyC}}, - bdsk-url-1 = {http://llorracc.net/Hidden/Papers/cstStickyC.pdf}, - url = {http://llorracc.net/Hidden/Papers/cstStickyC.pdf}, -} - -@Article{crFactor, - author = {Chamberlain, Gary and Rothschild, Michael}, - title = {Arbitrage Factor Stucture, and Mean--Variance Analysis of Large Asset Markets}, - journal = {Econometrica}, - year = 1983, - pages = {1281--1304}, -} - -@Article{chPooling, - author = {Michael P. Clements and David F. Hendry}, - title = {Pooling of Forecasts}, - journal = {The Econometrics Journal}, - year = 2004, - volume = {7(1)}, - pages = {1--31}, -} - -@Article{coccoPortfolioHousing, - author = {{Jo\~ao} F. Cocco}, - title = {Portfolio Choice in the Presence of Housing}, - journal = {Review of Financial Studies}, - year = 2005, - volume = 18, - pages = {535--567}, -} - -@Article{csInflation, - author = {Cogley, Timothy and Sargent, Thomas}, - title = {Evolving Post World War II US Inflation Dynamics}, - journal = {NBER Macroeconomics Annual}, - year = 2001, - volume = 16, - pages = {331--373}, -} - -@Article{croushore:introSPF, - author = {Croushore, Dean}, - title = {Introducing: The Survey of Professional Forecasters}, - journal = {Federal Reserve Bank of Philadelphia Business Review}, - year = 1993, - volume = {November/December}, - pages = {3--15}, - month = {November/December}, -} - -@Article{ddfsSticky, - author = {J{\"}org D{\"}opke and Jonas Dovern and Ulrich Fritsche and Jiri Sla{\-}calek}, - title = {Sticky Information Phillips Curves: European Evidence}, - journal = {Journal of Money, Credit, and Banking}, - year = 2008, - volume = 40, - pages = {1513--1520}, -} - -@InProceedings{dsAssetBooms, - author = {Detken, Carsten and Smets, Frank}, - title = {Asset Price Booms and Monetary Policy}, - booktitle = {Macroeconomic Policies in the World Economy}, - year = 2004, - editor = {Siebert, Horst}, - pages = {189--227}, - publisher = {Springer}, -} - -@Article{dhj:houseprices, - author = {Richard Disney and John Gathergood and Andrew Henley}, - title = {House Price Shocks, Negative Equity and Household Consumption in the United Kingdom}, - journal = {Journal of the European Economic Association}, - year = 2010, - volume = 8, - number = 6, - pages = {1179--1207}, - month = {December}, - institution = {University of Nottingham}, -} - -@TechReport{dvornak&kohler:wealtheffects, - author = {Nikola Dvornak and Marion Kohler}, - title = {Housing Wealth, Stock Market Wealth and Consumption: A Panel Analysis for Australia}, - institution = {Reserve Bank of Australia}, - year = 2003, - type = {Reserve Bank of Australia Discussion Paper}, - number = 23, - month = Jul, -} - -@Article{engelhardtHandS, - author = {Gary V. Engelhardt}, - title = {House Prices and Home Owner Saving Behavior}, - journal = {Regional Science and Urban Economics}, - year = 1996, - volume = 26, - pages = {313--336}, -} - -@Article{fcHabits, - author = {Ferson, Wayne and Constantinides, George M.}, - title = {Habit Persistence and Durability in Aggregate Consumption}, - journal = {Journal of Financial Economics}, - year = 1991, - volume = 29, - number = 2, - pages = {199--240}, -} - -@Article{Forni1998, - author = {Forni, Mario and Reichlin, Lucrezia}, - title = {Let's Get Real: A Dynamic Factor Analytical Approach to Disaggregated Business Cycle}, - journal = {Review of Economic Studies}, - year = 1998, - volume = 65, - pages = {453--474}, -} - -@TechReport{girouard&blondal:houseprices, - author = {Girouard, Nathalie and Bl{{\"}o}ndal, Sveinbj{{\"}o}rn}, - title = {House Price and Economic Activity}, - institution = {OECD Economics Department}, - year = 2001, - type = {OECD Economics Department Working Paper}, - number = 279, - month = Jan, -} - -@Book{ghjPortfolios, - title = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - author = {Guiso, Luigi and Haliassos, Michael and Jappelli, Tullio}, -} - -@Article{guvenen, - author = {Guvenen, Fatih}, - title = {An Empirical Investigation of Labor Income Processes}, - journal = {Review of Economic Dynamics}, - year = 2009, - volume = 12, - number = 1, - pages = {58--79}, -} - -@Article{hlRiskSharing, - author = {Heaton, John and Lucas, Deborah J.}, - title = {Evaluating the Effects of Incomplete Markets on Risk Sharing and Asset Pricing}, - journal = {Journal of Political Economy}, - year = 1996, - volume = 104, - pages = {443--487}, -} - -@Article{Kaplan:2012hs, - author = {Kaplan, Greg}, - title = {{Inequality and the life cycle}}, - journal = {Quantitative Economics}, - year = 2012, - volume = 3, - number = 3, - pages = {471--525}, - month = nov, - date-added = {2013-04-07T22:40:17GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - doi = {10.3982/QE200}, - file = {{Quantitative_Economics_2012_Kaplan.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Kaplan/Quantitative_Economics_2012_Kaplan.pdf:application/pdf}}, - language = {English}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Kaplan/Quantitative_Economics_2012_Kaplan.pdf}, - publisher = {Wiley Online Library}, - rating = 0, - read = {Yes}, - uri = {\url{papers2://publication/doi/10.3982/QE200}}, - url = {http://doi.wiley.com/10.3982/QE200}, -} - -@Article{kennickell, - author = {Kennickell, Arthur B.}, - title = {Saving and Permanent Income: Evidence from the 1992 SCF}, - journal = {Board of Governors of the Federal Reserve System}, - year = 1995, -} - -@Article{Levin2001, - author = {Laurence Levin}, - title = {Are Assets Fungible? Testing the Behavioral Theory of Life Cycle Saving}, - journal = {Journal of Economic Behavior and Organization}, - year = 2001, - volume = 36, - pages = {59--83}, -} - -@Article{lev02, - author = {Levine, Ross}, - title = {Bank-Based or Market-Based Financial Systems: Which Is Better?}, - journal = {Journal of Financial Intermediation}, - year = 2002, - volume = 11, - pages = {1--30}, -} - -@Article{lucas:imperfectInfo, - author = {Lucas, Robert E.}, - title = {Some International Evidence on Output-Inflation Tradeoffs}, - journal = {American Economic Review}, - year = 1973, - volume = 63, - number = 3, - pages = {326--334}, - month = {June}, -} - -@TechReport{ls02, - author = {Ludwig, Alexander and {Sl{\o}k}, Torsten}, - title = {The Impact of Changes in Stock Prices and House Prices on Consumption in OECD Countries}, - institution = {International Monetary Fund}, - year = 2002, - type = {IMF woking paper}, - number = 1, -} - -@Article{lusardi, - author = {Lusardi, Annamaria}, - title = {Permanent Income, Current Income, and Consumption: Evidence from Two Panel Data Sets}, - journal = {Journal of Business and Economic Statistics}, - year = 1996, - volume = 14, - number = 1, - pages = {81--90}, - month = {January}, -} - -@Article{mankiwEtAl03, - author = {N. Gregory Mankiw and Ricardo Reis and Justin Wolfers}, - title = {Disagreement on Inflation Expectations}, - journal = {NBER Macroeconomics Annual}, - year = 2003, - pages = {209--248}, -} - -@Article{prescott, - author = {Prescott, Edward C.}, - title = {Theory Ahead of Business Cycle Measurement}, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = 1986, - volume = 25, - pages = {11--44}, - note = {\url{http://ideas.repec.org/p/fip/fedmsr/102.html}}, - bdsk-url-1 = {http://ideas.repec.org/p/fip/fedmsr/102.html}, - url = {http://ideas.repec.org/p/fip/fedmsr/102.html}, -} - -@Article{prescottTheoryAhead, - author = {Prescott, Edward C.}, - title = {Theory Ahead of Business Cycle Measurement}, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = 1986, - volume = 25, - pages = {11--44}, - note = {\url{http://ideas.repec.org/p/fip/fedmsr/102.html}}, - bdsk-url-1 = {http://ideas.repec.org/p/fip/fedmsr/102.html}, - url = {http://ideas.repec.org/p/fip/fedmsr/102.html}, -} - -@Article{reis:inpro, - author = {Ricardo Reis}, - title = {Inattentive Producers}, - journal = {Review of Economic Studies}, - year = 2006, - volume = 73, - number = 3, - pages = {793--821}, -} - -@Article{reisInattentiveC, - author = {Reis, Ricardo}, - title = {Inattentive Consumers}, - journal = {Journal of Monetary Economics}, - year = 2006, - volume = 53, - number = 8, - pages = {1761--1800}, - month = {November}, - bdsk-url-1 = {http://ideas.repec.org/a/eee/moneco/v53y2006i8p1761-1800.html}, - publisher = {Elsevier}, - url = {http://ideas.repec.org/a/eee/moneco/v53y2006i8p1761-1800.html}, -} - -@Article{frederickLoewensteinODonogue:discountReview, - author = {Shane Frederick and George Loewenstein and Ted {O'Donogue}}, - title = {Time Discounting and Time Preference: A Critical Review}, - journal = {Journal of Economic Literature}, - year = 2002, - volume = {XL}, - number = 2, - pages = {351--401}, - issn = 00220515, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2698382}, -} - -@Article{floDiscounting, - author = {Shane Frederick and George Loewenstein and Ted {O'Donogue}}, - title = {Time Discounting and Time Preference: A Critical Review}, - journal = {Journal of Economic Literature}, - year = 2002, - volume = {XL}, - number = 2, - pages = {351--401}, - issn = 00220515, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2698382}, -} - -@Book{lsamuelsonEvolutionary, - title = {Evolutionary Games and Equilibrium Selection}, - publisher = {Princeton University Press}, - year = 1997, - author = {Samuelson, Larry}, - address = {Cambridge}, -} - -@Article{samuelsonOLG, - author = {Samuelson, Paul A.}, - title = {An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money}, - journal = {Journal of Political Economy}, - year = 1958, - volume = 66, - number = 6, - pages = {467--482}, - issn = {00223808, 1537534X}, - publisher = {University of Chicago Press}, - url = {http://www.jstor.org/stable/1826989}, -} - -@Book{shillerIEed2, - title = {Irrational Exuberance}, - publisher = {Princeton University Press}, - year = 2005, - author = {Shiller, Robert J.}, - edition = 2, - month = {March}, - date = 2005, -} - -@Article{SongStorenslettenZilibotti11, - author = {Song, Zheng and Storesletten, Kjetil and Zilibotti, Fabrizio}, - title = {Growing Like China}, - journal = {The American Economic Review}, - year = 2011, - volume = 101, - number = 1, - pages = {196--233}, -} - -@InProceedings{swIntlBusCyca, - author = {James H. Stock and Mark W. Watson}, - title = {Forecasting with Many Predictors}, - booktitle = {The Handbook of Economic Forecasting}, - year = 2005, - editor = {Graham Elliott and Clive Granger and Allan Timmermann}, - publisher = {Elsevier/North Holland}, -} - -@Article{Wilcox:92, - author = {Wilcox, David W.}, - title = {The Construction of U.S. Consumption Data: Some Facts and Their Implications for Empirical Work}, - journal = {The American Economic Review}, - year = 1992, - volume = 82, - number = 4, - pages = {922--941}, - month = {September}, -} - -@Article{jwilliamsonKorea, - author = {Williamson, Jeffrey G.}, - title = {Why Do {K}oreans Save 'So Little'?}, - journal = {Journal of Development Economics}, - year = 1979, - volume = 6, - pages = {343--362}, - month = {September}, -} - -@InCollection{carroll:richsave, - author = {Carroll, Christopher D.}, - title = {{W}hy {D}o the {R}ich {S}ave {S}o {M}uch?}, - booktitle = {{D}oes {A}tlas {S}hrug? {T}he {E}conomic {C}onsequences of {T}axing the {R}ich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/Why.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/Why.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/Why.pdf}, -} - -@Article{summers&carroll:brookings, - author = {Summers, Lawrence H. and Carroll, Christopher D.}, - title = {Why is U.S.\ National Saving So Low?}, - journal = {Brookings Papers on Economic Activity}, - year = 1987, - volume = 1987, - number = 2, - pages = {607--636}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}, -} - -@InProceedings{mbUtility, - author = {Modigliani, Franco and Brumberg, Richard}, - title = {Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data}, - booktitle = {Post-Keynesian Economics}, - year = 1954, - editor = {Kurihara, Kenneth K.}, - address = {New Brunswick, NJ}, - publisher = {Rutgers University Press}, -} - -@Article{cstKS, - author = {Carroll, Christopher D and Sla{\-}calek, Jiri and Tokuoka, Ki{\-}ichi}, - title = {Buffer-Stock Saving in a Krusell--Smith World}, - journal = {Economics Letters}, - year = 2015, - volume = 132, - pages = {97--100}, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/papers/cstKS/}; extended version available as ECB Working Paper number 1633, \url{https://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp1633.pdf}}, - doi = {doi:10.1016/j.econlet.2015.04.021}, - publisher = {Elsevier}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/cstKS/}, -} - -@Article{carrollEGM, - author = {Carroll, Christopher D.}, - title = {The {M}ethod of {E}ndogenous {G}ridpoints for {S}olving {D}ynamic {S}tochastic {O}ptimization {P}roblems}, - journal = {Economics Letters}, - year = 2006, - volume = 91, - number = 3, - pages = {312--320}, - month = {September}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/EndogenousGridpoints.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/EndogenousArchive.zip}, - bdsk-url-2 = {http://dx.doi.org/10.1016/j.econlet.2005.09.013}, - doi = {10.1016/j.econlet.2005.09.013}, - url = {https://www.econ2.jhu.edu/people/ccarroll/EndogenousArchive.zip}, -} - -@Book{deatonUnderstandingCNotes, - title = {{U}nderstanding {C}onsumption}, - publisher = {Oxford University Press}, - year = 1992, - author = {Deaton, Angus S.}, - address = {New York}, -} - -@Book{deatonUnderstandingC, - title = {{U}nderstanding {C}onsumption}, - publisher = {Oxford University Press}, - year = 1992, - author = {Deaton, Angus S.}, - address = {New York}, -} - -@TechReport{bgpHousing, - author = {Bostic, Raphael and Gabriel, Stuart and Painter, Gary}, - title = {Housing Wealth, Financial Wealth, and Consumption: New Evidence from Micro Data}, - institution = {University of Southern California}, - year = 2005, - type = {working paper}, - month = {December}, -} - -@Article{aw95, - author = {Orazio Attanasio and Guglielmo Weber}, - title = {Is Consumption Growth Consistent with Intertemporal Optimization? Evidence from the Consumer Expenditure Survey}, - journal = {Journal of Political Economy}, - year = 1995, - volume = 103, - number = 6, - pages = {1121-57}, - month = {December}, -} - -@Article{ersAutoregressive, - author = {Graham Elliott and Thomas J. Rothenberg and James H. Stock}, - title = {Efficient Tests for an Autoregressive Root}, - journal = {Econometrica}, - year = 1996, - volume = 64, - number = 4, - pages = {813--836}, - month = {July}, -} - -@Article{greenCalifornia, - author = {Richard K. Green}, - title = {Stock Prices and House Prices in California: New Evidence of a Wealth Effect}, - journal = {Regional Science and Urban Economics}, - year = 2002, - volume = 32, - pages = {775--783}, -} - -@Article{glAssetPricing, - author = {Grossman, Sanford J. and Laroque, Guy S.}, - title = {Asset Pricing and Optimal Portfolio Choice in the Presence of Illiquid Durable Consumption Goods}, - journal = {Econometrica}, - year = 1990, - volume = 58, - number = 1, - pages = {25--51}, -} - -@Article{inSpillovers, - author = {Iacoviello, Matteo and Neri, Stefano}, - title = {Housing Market Spillovers: Evidence from an Estimated DSGE Model}, - journal = {AEJ Macro}, - year = 2010, - pages = {forthcoming}, - note = {forthcoming}, - institution = {Boston College, Department of Economics}, - type = {working paper}, -} - -@Article{ssModeration, - author = {Sabelhaus, John and Song, Jae}, - title = {The Great Moderation in Micro Labor Earnings}, - journal = {Journal of Monetary Economics}, - year = 2010, - volume = 57, - number = 4, - pages = {391--403}, - month = {May}, - note = {\url{http://ideas.repec.org/a/eee/moneco/v57y2010i4p391-403.html}}, - abstract = {Between 1980 and the early 1990s the variability of labor earnings growth rates across the prime-age working population fell significantly. This decline and timing are consistent with other macro and micro observations about growth variability that are collectively referred to as the \"Great Moderation.\" The variability of earnings growth is negatively correlated with age at any point in time, and the U.S. working age population got older during this period because the Baby Boom was aging. However, the decrease in variability was roughly uniform across all age groups, so population aging is not the source of the overall decline. The variance of log changes also declined at multi-year frequencies in such a way as to suggest that both permanent and transitory components of earnings shocks became more moderate. A simple identification strategy for separating age and cohort effects shows a very intuitive pattern of permanent and transitory shocks over the life cycle, and confirms that a shift over time in the stochastic process occurred even after controlling for age effects.}, - date-added = {2013-04-07T22:40:16GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - doi = {10.1016/j.jmoneco.2010.04.003}, - file = {ssModeration.pdf:ssModeration.pdf:PDF}, - keywords = { Labor earnings Earnings volatility Great moderation}, - language = {English}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Sabelhaus/Journal_of_Monetary_Economics_2010_Sabelhaus.pdf}, - rating = 0, - uri = {\url{papers2://publication/doi/10.1016/j.jmoneco.2010.04.003}}, - url = {http://ideas.repec.org/a/eee/moneco/v57y2010i4p391-403.html}, -} - -@Article{deatonLiqConstr, - author = {Deaton, Angus S.}, - title = {Saving and Liquidity Constraints}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {1221-1248}, - note = {\url{https://www.jstor.org/stable/2938366}}, - bdsk-url-1 = {http://ideas.repec.org/a/ecm/emetrp/v59y1991i5p1221-48.html}, - file = {deatonLiqConstr.pdf:deatonLiqConstr.pdf:PDF}, - owner = {Nic Johnson}, - url = {http://www.jstor.org/stable/2938366}, -} - -@Article{cagettiWprofiles, - author = {Marco Cagetti}, - title = {Wealth Accumulation Over the Life Cycle and Precautionary Savings}, - journal = {Journal of Business and Economic Statistics}, - year = 2003, - volume = 21, - number = 3, - pages = {339--353}, -} - -@Article{pikettySaez:incomeIneq_qje03, - author = {Thomas Piketty and Emmanuel Saez}, - title = {Income Ineuality in the United States, 1913--1998}, - journal = {Quarterly Journal of Economics}, - year = 2003, - volume = 118, - number = 1, - pages = {1--39}, - month = {February}, -} - -@Article{demyanykEtAl_JoF07_deregulation, - author = {Yuliya Demyanyk and Charlotte Ostergaard and Bent E. S{\o}rensen}, - title = {U.S. Banking Deregulation, Small Businesses, and Interstate Insurance of Personal Income}, - journal = {Journal of Finance}, - year = 2007, - volume = 62, - number = 6, - pages = {2763--2801}, - month = {December}, - abstract = { We estimate the effects of deregulation of U.S. banking restrictions on interstate personal income insurance for the period 1970 to 2001. Interstate income insurance occurs when personal income reacts less than one-to-one to state-specific output shocks. We find that insurance improved after banking deregulation, with a larger effect in states where small businesses are more important and on proprietors' income than on other components of personal income. Our explanation centers on the role of banks as a prime source of small business finance and on the close intertwining of the personal and business finances of small business owners. Copyright 2007 by The American Finance Association.}, - url = {https://ideas.repec.org/a/bla/jfinan/v62y2007i6p2763-2801.html}, -} - -@Article{carroll:brookings, - author = {Carroll, Christopher D.}, - title = {The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence}, - journal = {Brookings Papers on Economic Activity}, - year = 1992, - volume = 1992, - number = 2, - pages = {61--156}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}}, - score = 30, - url = {https://www.econ2.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}, -} - -@Article{carrollBrookings, - author = {Carroll, Christopher D.}, - title = {The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence}, - journal = {Brookings Papers on Economic Activity}, - year = 1992, - volume = 1992, - number = 2, - pages = {61--156}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}}, - score = 30, - url = {https://www.econ2.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}, -} -@incollection{lee15, - author = "Lee, Donghoon and Mayer, Christopher and Tracy, Joseph", - title = "{A New Look at Second Liens}", - year = "2013", - booktitle={Housing and the Financial Crisis}, - editor={Glaeser, Edward L. and Sinai, Todd} -} - -@article{li12, - author = "Li, Wenli and Liu, Haiyong and Yang, Fang and Yao, Rui", - title = "{Housing Over Time and Over the Life Cycle: A Structural Estimation}", - journal = "International Economic Review", - year = "2015", - month = "Forthcoming" -} - -@article{bajari13, - author = "Bajari, Patrick and Chan, Phoebe and Krueger, Dirk and Miller, Daniel", - title = "{A Dynamic Model of Housing Demand: Estimation and Policy Implications}", - year = "2013", - journal = "International Economic Review", - volume = "54", - number = "2", - pages = "409--442" -} - -@article{bergervavra15, - author = "Berger, David and Vavra, Joseph", - title = "{Consumption Dynamics During Recessions}", - year = "2015", - journal = "Econometrica", - volume = "83", - number = "1", - pages = "101--154" -} - -@article{avery10, - author = "Avery, Robert B. and Bhutta, Neil and Brevoort, Kenneth P. and Canner, Glenn B. and Gibbs, Christa N.", - title = "{The 2008 HMDA Data: The Mortgage Market during a Turbulent Year}", - year = "2010", - journal = "Federal Reserve Bulletin" -} - -@article{rappaport14, - author = "Rappaport, Jordan and Willen, Paul", - title = "{Tight Credit Conditions Continue to Constrain the Housing Recovery}", - year = "2014", - journal = "Federal Reserve Bank of Kansas City Macro Bulletin" -} - -@article{garriga09b, - author = "Garriga, Carlos", - title = "{Lending Standards in Mortgage Markets}", - year = "2009", - journal = "Federal Reserve Bank of St.\ Louis Economic Synopses" -} - -@article{gerardi08, - author = "Gerardi, Kristopher and Lehnert, Andreas and Sherlund, Shane M. and Willen, Paul", - title = "{Making Sense of the Subprime Crisis}", - year = "2008", - journal = "Brookings Papers on Economic Activity" -} - -@article{miansufi09, - author = "Mian, Atif and Sufi, Amir", - title = "{The Consequences of Mortgage Credit Expansion: Evidence from the U.S.\ Mortgage Default Crisis}", - year = "2009", - journal = "Quarterly Journal of Economics", - volume = "124", - issue = "4", - pages = "1449--1496" -} - -@incollection{krueger16, - author = "Krueger, Dirk and Mitman, Kurt and Perri, Fabrizio", - title = "{On the Distribution of Welfare Losses of Large Recessions}", - year = "2016", - booktitle={Advances in Economics and Econometrics: Theory and Applications, Eleventh World Congress} -} - -@incollection{krueger16b, - author = "Krueger, Dirk and Mitman, Kurt and Perri, Fabrizio", - title = "{Macroeconomics and Heterogeneity, Including Inequality}", - year = "2016", - booktitle={Handbook of Macroeconomics, Volume 2} -} - -@unpublished{engen15, - author = "Engen, Eric N. and Laubach, Thomas and Reifschneider, David", - title = "{The Macroeconomic Effects of the Federal Reserve's Unconventional Monetary Policies}", - year = "2015", - note = "Working Paper" -} - -@article{hedlundgarriga16, - author = "Garriga, Carlos and Hedlund, Aaron", - title = "{Mortgage Debt, Consumption, and Illiquid Housing Markets in the Great Recession}", - journal = "American Economic Review", - year = "2020", - volume = "110", - number = "6" -} - -@unpublished{ghFragility, - author = "Garriga, Carlos and Hedlund, Aaron", - title = "{Housing Finance, Boom-Bust Episodes, and Macroeconomic Fragility}", - year = "2021", - note = "Working Paper" -} - -@unpublished{ghtwRural, - author = "Garriga, Carlos and Hedlund, Aaron and Tang, Yang and Wang, Ping", - title = "{Rural-Urban Migration, Structural Transformation, and Housing Markets in China}", - year = "2019", - note = "Working Paper" -} - -@article{hedlundFailure, - author = "Hedlund, Aaron", - title = "{Failure to Launch: Housing, Debt Overhang, and the Inflation Option During the Great Recession}", - year = "2019", - journal = "American Economic Journal: Macroeconomics", - volume = "11", - number = "2", - pages = "228--274" -} - -@article{hedlund18, - author = "Hedlund, Aaron", - title = "{Credit Constraints, House Prices, and the Impact of Life Cycle Dynamics}", - year = "2018", - journal = "Economics Letters", - volume = "171", - pages = "202--207" -} - -@unpublished{hedlund18b, - author = "Hedlund, Aaron", - title = "{Down Payments and the Homeownership Dream: Not Such a Barrier After All?}", - year = "2018", - note = "Working Paper" -} - -@article{hedlundtax, - author = "Hedlund, Aaron", - title = "{Estate Taxation and Human Capital with Information Externalities}", - year = "2018", - journal = "Macroeconomic Dynamics", - note = "Forthcoming" -} - -@unpublished{agarwaletal15, - author = "Agarwal, Sumit and Amromin, Gene and Chomsisengphet, Souphala and Piskorski, Tomasz and Seru, Amit and Yao, Vincent", - title = "{Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinancing Program}", - year = "2015", - note = "Working Paper" -} - -@article{adelino16, - author = "Adelino, Manuel and Schoar, Antoinette and Severino, Felipe", - title = "{Loan Originations and Defaults in the Mortgage Crisis: The Role of the Middle Class}", - year = "2016", - journal = "Review of Financial Studies", - volume = "29", - number = "7", - pages = "1635--1670" -} - -@unpublished{foote16, - author = "Foote, Christopher L. and Loewenstein, Lara and Willen, Paul S.", - title = "{Cross-Sectional Patterns of Mortgage Debt during the Housing Boom: Evidence and Implications}", - year = "2016", - note = "Working Paper" -} - -@unpublished{albanesi16, - author = "Albanesi, Stefania and DeGiorgi, Giacomo and Nosal, Jaromir", - title = "{Credit Growth and the Financial Crisis: A New Narrative}", - year = "2017", - note = "Working Paper" -} - -@unpublished{leventis14, - author = "Leventis, Andrew", - title = "{The Relationship between Second Liens, First Mortgage Outcomes, and Borrower Credit: 1996 -- 2010}", - year = "2014", - note = "Working Paper" -} - -@unpublished{guren15, - author = "Guren, Adam M. and McQuade, Timothy J.", - title = "{How Do Foreclosures Exacerbate Housing Downturns?}", - year = "2015", - note = "Working Paper" -} - -@unpublished{guvenen16, - author = "Guvenen, Fatih and Karahan, Fatih and Ozkan, Serdar and Song, Jae", - title = "{What Do Data on Millions of U.S.\ Workers Reveal about Life-Cycle Earnings Dynamics?}", - year = "2019", - note = "Working Paper" -} - -@unpublished{veldkamp16, - author = "Kozeniauskas, Nicholas and Orlik, Anna and Veldkamp, Laura", - title = "{The Common Origin of Uncertainty Shocks}", - year = "2016", - note = "Working Paper" -} - -@unpublished{kozeniauskas18, - author = "Kozeniauskas, Nicholas and Orlik, Anna and Veldkamp, Laura", - title = "{What Are Uncertainty Shocks?}", - year = "2018", - note = "Working Paper" -} - -@article{bloom14, - author = "Bloom, Nicholas and Floetotto, Max and Jaimovich, Nir and Saporta-Eksten, Itay and Terry, Stephen J.", - title = "{Really Uncertain Business Cycles}", - year = "2018", - journal = "Econometrica", - volume = "86", - number = "3", - pages = "1031--1065" -} - -@unpublished{buschetal18, - author = "Busch, Christopher and Domeij, David and Guvenen, Fatih and Madera, Rocio", - title = "{Asymmetric Business-Cycle Risk and Social Insurance}", - year = "2018", - note = "Working Paper" -} - -@article{stockwatson12, - author = "Stock, James H. and Watson, Mark W.", - title = "{Disentangling the Channels of the 2007 -- 2009 Recession}", - year = "2012", - month = "Spring", - journal = "Brookings Papers on Economic Activity", -} - -@incollection{gertler11, - author={Gertler, Mark and Kiyotaki, Nobuhiro}, - year={2011}, - title={Financial Intermediation and Credit Policy in Business Cycle Analysis}, - booktitle={Handbook of Monetary Economics}, - editor={Friedman, Benjamin and Woodford, Michael} -} - -@incollection{glaeser13, - author={Glaeser, Edward L. and Gottlieb, Joshua D. and Gyourko, Joseph}, - year={2013}, - title={Can Cheap Credit Explain the Housing Boom?}, - booktitle={Housing and the Financial Crisis}, - editor={Glaeser, Edward L. and Sinai, Todd} -} - -@unpublished{wright16, - author = "Gaumont, Damien and Wright, Randall and Zhu, Yu", - title = "{Sticky House Prices?}", - year = "2016", - month = "Feb.", - note = "Working Paper" -} - -@article{hatchondo15, - author = "Hatchondo, Juan Carlos and Martinez, Leonardo and Sanchez, Juan M.", - title = "{Mortgage Defaults}", - year = "2015", - journal = "Journal of Monetary Economics", - volume = "76", - pages = "173--190" -} - -@article{attanasio09, - author = "Attanasio, Orazio P. and Blow, Laura and Hamilton, Robert and Leicester, Andrew", - title = "{Booms and Busts: Consumption, House Prices, and Expectations}", - year = "2009", - journal = "Economica", - issue = "76", - pages = "20--50" -} - -@article{chambers09, - author = "Chambers, Matthew S. and Garriga, Carlos and Schlagenhauf, Don E.", - title = "{The Loan Structure and Housing Tenure Decisions in an Equilibrium Model of Mortgage Choice}", - year = "2009", - journal = "Review of Economic Dynamics", - issue = "12", - pages = "444--468" -} - -@article{joyce14, - author = "Joyce, Michael and Miles, David and Scott, Andrew and Vayanos, Dimitri", - title = "{Quantitative Easing and Unconventional Monetary Policy -- An Introduction}", - year = "2012", - journal = "The Economic Journal", - month = "Nov.", - pages = "271--288" -} - -@article{guvenen14, - author = "Guvenen, Fatih and Ozkan, Serdar and Song, Jae", - title = "{The Nature of Countercyclical Income Risk}", - year = "2014", - journal = "Journal of Political Economy", - volume = "122", - number = "3", - pages = "621--660" -} - -@article{chen12, - author = "Chen, Han and C\'{u}rdia, Vasco and Ferrero, Andrea", - title = "{The Macroeconomic Effects of Large-Scale Asset Purchase Programmes}", - year = "2012", - journal = "The Economic Journal", - month = "Nov.", - pages = "289--315" -} - -@unpublished{cui15, - author = "Cui, Wei and Radde, Soren", - title = "{Search-Based Endogenous Asset Liquidity and the Macroeconomy}", - year = "2015", - month = "Dec.", - note = "Working Paper" -} - -@unpublished{chen15, - author = "Chen, Hui and Cui, Rui and He, Zhiguo and Milbradt, Konstantin", - title = "{Quantifying Liquidity and Default Risks of Corporate Bonds over the Business Cycle}", - year = "2015", - month = "July", - note = "Working Paper" -} - -@article{wright15, - author = "He, Chao and Wright, Randall and Zhu, Yu", - title = "{Housing and Liquidity}", - year = "2015", - journal = "Review of Economic Dynamics", - volume = "18", - pages = "435--455" -} - -@article{he14, - author = "He, Zhiguo and Milbradt, Konstantin", - title = "{Endogenous Liquidity and Defaultable Bonds}", - year = "2014", - journal = "Econometrica", - volume = "82", - number = "1", - pages = "1443--1508" -} - -@article{primiceri15, - author = "Justiniano, Alejandro and Primiceri, Giorgio and Tambalotti, Andrea", - title = "{Household Leveraging and Deleveraging}", - year = "2015", - journal = "Review of Economic Dynamics", - volume = "18", - number = "1", - pages = "3--20" -} - -@article{jones93, - author = "Jones, Lawrence D.", - title = "{Deficiency Judgments and the Exercise of the Default Option in Home Mortgage Loans}", - year = "1993", - month = "Apr.", - journal = "Journal of Law and Economics", - volume = "36", - number = "1", - pages = "115--138" -} - -@article{krugman98, - author = "Krugman, Paul", - title = "{It's Baaack: Japan's Slump and the Return of the Liquidity Trap}", - year = "1998", - journal = "Brookings Papers on Economic Activity", -} - -@article{svensson03, - author = "Svensson, Lars", - title = "{Escaping from a Liquidity Trap and Deflation: The Foolproof Way and Others}", - year = "2003", - journal = "Journal of Economic Perspectives", - volume = "17", - number = "4", - pages = "145--166" -} - -@article{krishnamurthy11, - author = "Krishnamurthy, Arvind and Vissing-Jorgensen, Annette", - title = "{The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy}", - year = "2011", - journal = "Brookings Papers on Economic Activity", - month = "Fall", - pages = "215--288" -} - -@article{wolman05, - author = "Wolman, Alexander L.", - title = "{Real Implications of the Zero Bound on Nominal Interest Rates}", - year = "2005", - journal = "Journal of Money, Credit and Banking", - volume = "37", - number = "2", - pages = "273--296" -} - -@article{gertler08, - author = "Gertler, Mark and Sala, Luca and Trigari, Antonella", - title = "{An Estimated Monetary DSGE Model with Unemployment and Staggered Nominal Wage Bargaining}", - year = "2008", - journal = "Journal of Money, Credit, and Banking", - volume = "40", - number = "8", - pages = "1713--1763" -} - -@unpublished{baker14, - author = "Baker, Scott", - title = "{Debt and the Consumption Response to Household Income Shocks}", - year = "2014", - note = "Working Paper" -} - -@unpublished{wen14, - author = "Wen, Yi", - title = "{QE: When and How Should the Fed Exit?}", - year = "2014", - note = "Working Paper" -} - -@unpublished{wen14b, - author = "Wen, Yi", - title = "{Evaluating Unconventional Monetary Policies--Why Aren't They More Effective?}", - year = "2014", - note = "Working Paper" -} - -@unpublished{bhattarai15, - author = "Bhattarai, Saroj and Eggertsson, Gauti B. and Gafarov, Bulat", - title = "{Time Consistency and the Duration of Government Debt: A Signalling Theory of Quantitative Easing}", - year = "2015", - note = "Working Paper" -} - -@unpublished{dimaggioetal16, - author = "Di Maggio, Marco and Kermani, Amir and Palmer, Christopher", - title = "{How Quantitative Easing Works: Evidence on the Refinancing Channel}", - year = "2018", - note = "Working Paper" -} - -@unpublished{doepke15, - author = "Doepke, Matthias and Schneider, Martin and Selezneva, Veronika", - title = "{Distributional Effects of Monetary Policy}", - year = "2015", - note = "Working Paper" -} - -@unpublished{miansufi15, - author = "Mian, Atif and Sufi, Amir", - title = "{Household Debt and Defaults from 2000 to 2010: Facts from Credit Bureau Data}", - year = "2015", - note = "Working Paper" -} - -@unpublished{miansufi, - author = "Mian, Atif and Sufi, Amir", - title = "{House Price Gains and U.S. Household Spending from 2002 to 2006}", - year = "2014", - note = "Working Paper" -} - -@unpublished{miansufi16, - author = "Mian, Atif and Sufi, Amir and Verner, Emil", - title = "{Household Debt and Business Cycles Worldwide}", - year = "2016", - note = "Working Paper" -} - -@article{berger15, - author = "Berger, David and Guerrieri, Veronica and Lorenzoni, Guido and Vavra, Joseph", - title = "{House Prices and Consumer Spending}", - year = "2018", - journal = "Review of Economic Studies", - volume = "85", - number = "3", - pages = "1502--1542" -} - -@unpublished{stroebel15, - author = "Stroebel, Johannes and Vavra, Joseph", - title = "{House Prices, Local Demand, and Retail Prices}", - year = "2015", - note = "Working Paper" -} - -@unpublished{kehoe14, - author = "Kehoe, Patrick and Midrigan, Virgiliu and Pastorino, Elena", - title = "{Debt Constraints and Employment}", - year = "2016", - note = "Working Paper" -} - -@unpublished{mitman15, - author = "Kaplan, Greg and Mitman, Kurt and Violante, Giovanni L.", - title = "{The Housing Boom and Bust: Model Meets Evidence}", - year = "2019", - note = "Working Paper" -} - -@unpublished{mitman15b, - author = "Kaplan, Greg and Mitman, Kurt and Violante, Giovanni L.", - title = "{Non-durable Consumption and Housing Net Worth in the Great Recession: Evidence from Easily Accessible Data}", - year = "2016", - note = "Working Paper" -} - -@unpublished{vojtech16, - author = "Driscoll, John C. and Kay, Benjamin S. and Vojtech, Cindy M.", - title = "{The Real Consequences of Bank Mortgage Lending Standards}", - year = "2016", - note = "Working Paper" -} - -@unpublished{midrigan16, - author = "Jones, Callum and Midrigan, Virgiliu and Philippon, Thomas", - title = "{Household Leverage and the Recession}", - year = "2018", - note = "Working Paper" -} - -@unpublished{gorea15, - author = "Gorea, Denis and Midrigan, Virgiliu", - title = "{Liquidity Constraints in the U.S. Housing Market}", - year = "2015", - note = "Working Paper" -} - -@unpublished{kaplan16, - author = "Kaplan, Greg and Moll, Benjamin and Violante, Giovanni L.", - title = "{Monetary Policy According to HANK}", - year = "2016", - note = "Working Paper" -} - -@unpublished{huo16, - author = "Huo, Zhen and R\'{i}os-Rull, Jos\'{e}-V\'{i}ctor", - title = "{Financial Frictions, Asset Prices, and the Great Recession}", - year = "2016", - note = "Working Paper" -} - -@unpublished{woodford15, - author = "Garc\'{i}a-Schmidt, Mariana and Woodford, Michael", - title = "{Are Low Interest Rates Deflationary? A Paradox of Perfect-Foresight Analysis}", - year = "2015", - note = "Working Paper" -} - -@unpublished{woodford12, - author = "Woodford, Michael", - title = "{Methods of Policy Accommodation at the Interest-Rate Lower Bound}", - year = "2012", - note = "Working Paper" -} - -@article{castaneda03, - author = "Casta{\~n}eda, Ana and D\'{i}az-Gim\'{e}nez, Javier and R\'{i}os-Rull, Jos\'{e}-V\'{i}ctor", - title = "{Accounting for the U.S.\ Earnings and Wealth Inequality}", - year = "2003", - journal = "Journal of Political Economy", - volume = "111", - number = "4", - pages = "818--857" -} - -@article{pistaferri15, - author = "Pistaferri, Luigi", - title = "{Household Consumption: Research Questions, Measurement Issues, and Data Collection Strategies}", - year = "2015", - journal = "Journal of Economic and Social Measurement" -} - -@incollection{pistaferri12, - author={Petev, Ivaylo and Pistaferri, Luigi and Eksten, Itay Saporta}, - year={2012}, - title={Consumption and the Great Recession}, - booktitle={Analyses of the Great Recession}, - editor={Grusky, D. and Western, B. and Wimer, C.} -} - -@unpublished{bhutta10, - author = "Bhutta, Neil and Dokko, Jane and Shan, Hui", - title = "{The Depth of Negative Equity and Mortgage Default Decisions}", - year = "2010", - note = "Working Paper" -} - -@unpublished{kuhn13, - author = "Kuhn, Moritz and R\'{i}os-Rull, Jos\'{e}-V\'{i}ctor", - title = "{2013 Update on the U.S.\ Earnings, Income, and Wealth Distributional Facts: A View from Macroeconomics}", - year = "2013", - note = "Working Paper" -} - -@article{solomon11, - author = "Solomon, Dov and Minnes, Odelia", - title = "{Non-Recourse, No Down Payment and the Mortgage Meltdown: Lessons from Undercapitalization}", - year = "2011", - month = "July", - journal = "Fordham Journal of Corporate and Financial Law", - volume = "16", - pages = "529" -} - -@article{pence06, - author = "Pence, Karen", - title = "{Foreclosing on Opportunity: State Laws and Mortgage Credit}", - year = "2006", - month = "Feb.", - journal = "The Review of Economics and Statistics", - volume = "88", - number = "1", - pages = "177--182" -} - -@article{davis05, - author = "Davis, Morris A. and Heathcote, Jonathan", - title = "{Housing and the Business Cycle}", - year = "2005", - journal = "International Economic Review", - volume = "46", - number = "3", - pages = "751--784" -} - -@article{kearl79, - author = "Kearl, J.R.", - title = "{Inflation, Mortgage, and Housing}", - year = "1979", - journal = "Journal of Political Economy", - volume = "87", - number = "5", - pages = "1115--1138" -} - -@article{kaplan14, - author = "Kaplan, Greg and Violante, Giovanni L.", - title = "{A Model of the Consumption Response to Fiscal Stimulus Payments}", - year = "2014", - journal = "Econometrica", - volume = "82", - number = "4", - pages = "1199--1239" -} - -@article{meh10, - author = "Meh, C\'{e}h and R\'{i}os-Rull, Jos\'{e}-V\'{i}ctor and Terajima, Yaz", - title = "{Aggregate and Welfare Effects of Redistribution of Wealth Under Inflation and Price-Level Targeting}", - year = "2010", - journal = "Journal of Monetary Economics", - volume = "57", - pages = "637--652" -} - -@unpublished{garriga15, - author = "Garriga, Carlos and Kydland, Finn and Sustek, Roman", - title = "{Mortgages and Monetary Policy}", - year = "2015", - month = "Jan.", - note = "Working Paper" -} - -@unpublished{gali14, - author = "Gal\'{i}, Jordi", - title = "{The Effects of a Money-Financed Fiscal Stimulus}", - year = "2014", - month = "Sept.", - note = "Working Paper" -} - -@incollection{lessard75, - author = "Lessard, D. R. and Modigliani, F.", - title = "{Inflation and the Housing Market: Problems and Potential Solutions}", - publisher = "Federal Reserve Bank of Boston", - year = "1975", - booktitle = "New Mortgage Designs for Stable Housing in an Inflationary Environment" -} - -@article{chatterjee11, - author = "Chatterjee, Satyajit and Eyigungor, Burcu", - title = "{A Quantitative Analysis of the U.S. Housing and Mortgage Markets and the Foreclosure Crisis}", - year = "2015", - journal = "Review of Economic Dynamics", - volume = "18", - number = "2", - pages = "165--184" -} - -@article{arslan15, - author = "Arslan, Yavuz and Guler, Bulent and Taskin, Temel", - title = "{Joint Dynamics of House Prices and Foreclosures}", - year = "2015", - journal = "Journal of Money, Credit, and Banking", - volume = "47", - pages = "133--169" -} - -@unpublished{piazzesi12, - author = "Piazzesi, Monika and Schneider, Martin", - title = "{Inflation and the Price of Real Assets}", - year = "2012", - note = "Working Paper" -} - -@unpublished{reinhart13, - author = "Reinhart, Carmen M. and Rogoff, Kenneth S.", - title = "{Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten}", - year = "2013", - note = "IMF Working Paper" -} - -@unpublished{lin14, - author = "Lin, Li and Tsomocos, Dimitrios P. and Vardoulakis, Alexandros P.", - title = "{Debt Deflation Effects of Monetary Policy}", - year = "2014", - note = "Working Paper" -} - -@unpublished{hilscher14, - author = "Hilscher, Jens and Raviv, Alon and Reis, Ricardo", - title = "{Inflating Away the Public Debt? An Empirical Assessment}", - year = "2014", - note = "Working Paper" -} - -@unpublished{auclert14, - author = "Auclert, Adrien", - title = "{Monetary Policy and the Redistribution Channel}", - year = "2015", - note = "Working Paper" -} - -@article{dimaggio14, - author = "DiMaggio, Marco and Kermani, Amir and Keys, Benjamin J. and Piskorski, Tomasz and Ramcharan, Rodney and Seru, Amit and Yao, Vincent", - title = "{Interest Rate Pass-Through: Mortgage Rates, Household Consumption, and Voluntary Deleveraging}", - year = "2017", - journal = "American Economic Review", - volume = "107", - number = "11", - pages = "3550--3588" -} - -@unpublished{ehrlich14, - author = "Ehrlich, Gabriel and Montes, Joshua", - title = "{Wage Rigidity and Employment Outcomes: Evidence from Administrative Data}", - year = "2014", - note = "Working Paper" -} - - -@article{aladangady14, - author = "Aladangady, Aditya", - title = "{Housing Wealth and Consumption: Evidence from Geographically Linked Microdata}", - year = "2017", - journal = "American Economic Review", - volume = "107", - number = "11", - pages = "3415--3446" -} - -@unpublished{benigno14, - author = "Benigno, Pierpaolo and Eggertsson, Gauti B. and Romei, Federica", - title = "{Dynamic Debt Deleveraging and Optimal Monetary Policy}", - year = "2014", - note = "Working Paper" -} - -@unpublished{eggertsson13, - author = "Eggertsson, Gauti and Giannoni, Marc", - title = "{The Inflation Output Tradeoff Revisited}", - year = "2013", - note = "Working Paper" -} - -@unpublished{bhattarai13, - author = "Bhattari, Saroj and Eggertsson, Gauti and Gafarov, Bulat", - title = "{Time Consistency and the Duration of Government Debt: A Signalling Theory of Quantitative Easing}", - year = "2015", - note = "Working Paper" -} - -@unpublished{leeper13, - author = "Leeper, Eric M. and Zhou, Xuan", - title = "{Inflation's Role in Optimal Monetary-Fiscal Policy}", - year = "2013", - note = "Working Paper" -} - -@article{reinhart15, - author = "Reinhart, Carmen and Sbrancia, M. Belen", - title = "{The Liquidation of Government Debt}", - year = "2015", - journal = "Economic Policy", - month = "Forthcoming" -} - -@article{miansufi13, - author = "Mian, Atif and Rao, Kamalesh and Sufi, Amir", - title = "{Household Balance Sheets, Consumption, and the Economic Slump}", - year = "2013", - journal = "Quarterly Journal of Economics", - volume = "128", - number = "4", - pages = "1687--1726" -} - -@article{eggertsson06, - author = "Eggertsson, Gauti", - title = "{The Deflation Bias and Committing to Being Irresponsible}", - year = "2006", - journal = "Journal of Money, Credit and Banking", - volume = "36", - number = "2", -} - -@article{eggertsson03, - author = "Eggertsson, Gauti and Woodford, Michael", - title = "{The Zero Interest-Rate Bound and Optimal Monetary Policy}", - year = "2003", - journal = "Brookings Papers on Economic Activity", - volume = "1", -} - -@article{doepke06, - author = "Doepke, Matthias and Schneider, Martin", - title = "{Inflation and the Redistribution of Nominal Wealth}", - year = "2006", - journal = "Journal of Political Economy", - volume = "114", - number = "6", - pages = "1069--1097" -} - -@article{dynan12, - author = "Dynan, Karen", - title = "{Is a Household Debt Overhang Holding Back Consumption?}", - year = "2012", - month = "Spring", - journal = "Brookings Papers on Economic Activity", -} - -@article{sheedy14, - author = "Sheedy, Kevin D.", - title = "{Debt and Incomplete Financial Markets: A Case for Nominal GDP Targeting}", - year = "2014", - month = "Spring", - journal = "Brookings Papers on Economic Activity", -} - -@article{case08, - author = "Case, Karl E.", - title = "{The Central Role of Home Prices in the Current Financial Crisis: How Will the Market Clear?}", - year = "2008", - month = "Fall", - journal = "Brookings Papers on Economic Activity", -} - -@article{brunnermeier09, - author = "Brunnermeier, Markus K. and Pedersen, Lasse Heje", - title = "{Market Liquidity and Funding Liquidity}", - year = "2009", - journal = "Review of Financial Studies", - volume = "22", - number = "6", - pages = "2201--2238" -} - -@article{mishkin77, - author = "Kearl, J.R. and Mishkin, Frederic S.", - title = "{Illiquidity, the Demand for Residential Housing, and Monetary Policy}", - year = "1977", - month = "Dec.", - journal = "The Journal of Finance", - volume = "32", - number = "5", - pages = "1571--1586" -} - -@article{caseshiller89, - author = "Case, Karl E. and Shiller, Robert J.", - title = "{The Efficiency of the Market for Single-Family Homes}", - year = "1989", - month = "Mar.", - journal = "American Economic Review", - volume = "79", - number = "1", - pages = "125--137" -} - -@article{wheaton90, - author = "Wheaton, William C.", - title = "{Vacancy, Search, and Prices in a Housing Market Matching Model}", - year = "1990", - month = "Dec.", - journal = "The Journal of Political Economy", - volume = "98", - number = "6", - pages = "1270--1292" -} - -@article{stein95, - author = "Stein, Jeremy C.", - title = "{Prices and Trading Volume in the Housing Market: A Model with Down-Payment Effects}", - year = "1995", - month = "May", - journal = "The Quarterly Journal of Economics", - volume = "110", - number = "2", - pages = "379--406" -} - -@article{berkovec96, - author = "Berkovec, James A. and {Goodman, Jr.}, John L.", - title = "{Turnover as a Measure of Demand for Existing Homes}", - year = "1996", - journal = "Real Estate Economics", - volume = "24", - number = "4", - pages = "421--440" -} - -@article{cutler91, - author = "Cutler, David M. and Poterba, James M. and Summers, Lawrence H.", - title = "{Speculative Dynamics}", - year = "1991", - month = "May", - journal = "The Review of Economic Studies", - volume = "58", - number = "3", - pages = "529--546" -} - -@article{springer96, - author = "Springer, Thomas M.", - title = "{Single-Family Housing Transactions: Seller Motivations, Price, and Marketing Time}", - year = "1996", - journal = "Journal of Real Estate Finance and Economics", - volume = "13", - pages = "237--254" -} - -@article{baryla95, - author = "Baryla, Edward A. and Zumpano, Leonard V.", - title = "{Buyer Search Duration in the Residential Real Estate Market: The Role of the Real Estate Agent}", - year = "1995", - journal = "The Journal of Real Estate Research", - volume = "10", - number = "1", - pages = "1--13" -} - -@article{genesove97, - author = "Genesove, David and Mayer, Christopher J.", - title = "{Equity and Time to Sell in the Real Estate Market}", - year = "1997", - month = "June", - journal = "American Economic Review", - volume = "87", - number = "3", - pages = "255--269" -} - -@article{glower98, - author = "Glower, Michel and Hauren, Donald R. and Hendershott, Patric H.", - title = "{Selling Time and Selling Price: The Influence of Seller Motivation}", - year = "1998", - journal = "Real Estate Economics", - volume = "26", - number = "4", - pages = "719--740" -} - -@article{stein99, - author = "Lamont, Owen and Stein, Jeremy C.", - title = "{Leverage and House-Price Dynamics in U.S. Cities}", - year = "1999", - month = "Autumn", - journal = "The RAND Journal of Economics", - volume = "30", - number = "3", - pages = "498--514" -} - -@article{krainer01, - author = "Krainer, John", - title = "{A Theory of Liquidity in Residential Real Estate Markets}", - year = "2001", - journal = "Journal of Urban Economics", - volume = "49", - pages = "32--63" -} - -@article{genesove01, - author = "Genesove, David and Mayer, Christopher", - title = "{Loss Aversion and Seller Behavior: Evidence from the Housing Market}", - year = "2001", - month = "Nov.", - journal = "The Quarterly Journal of Economics", - volume = "116", - number = "4", - pages = "1233--1260" -} - -@article{capozza04, - author = "Capozza, Dennis R. and Hendershott, Patric H. and Mack, Charlotte", - title = "{An Anatomy of Price Dynamics in Illiquid Markets: Analysis and Evidence from Local Housing Markets}", - year = "2004", - journal = "Real Estate Economics", - volume = "32", - number = "1", - pages = "1--32" -} - -@article{cocco04, - author = "Cocco, Jo$\tilde{\text{a}}$o F.", - title = "{Portfolio Choice in the Presence of Housing}", - year = "2004", - journal = "The Review of Financial Studies", - volume = "18", - number = "2", - pages = "535--567" -} - -@article{campbell07, - author = "Campbell, John Y. and Cocco, Jo$\tilde{\text{a}}$o F.", - title = "{How do House Prices Affect Consumption? Evidence from Micro Data}", - year = "2007", - journal = "Journal of Monetary Economics", - volume = "54", - number = "3", - pages = "591--621" -} - -@article{campbell15, - author = "Campbell, John Y. and Cocco, Jo$\tilde{\text{a}}$o F.", - title = "{A Model of Mortgage Default}", - year = "2015", - journal = "Journal of Finance", - volume = "70", - number = "4", - pages = "1495--1554" -} - -@article{yao05, - author = "Yao, Rui and Zhang, Harold H.", - title = "{Optimal Consumption and Portfolio Choices with Risky Housing and Borrowing Constraints}", - year = "2005", - journal = "The Review of Financial Studies", - volume = "18", - number = "1", - pages = "197--239" -} - -@article{flavin02, - author = "Flavin, Marjorie and Yamashita, Takashi", - title = "{Owner-Occupied Housing and the Composition of the Household Portfolio}", - year = "2002", - month = "Mar.", - journal = "American Economic Review", - volume = "92", - number = "1", - pages = "345--362" -} - -@article{ortalo06, - author = "Ortalo-Magn\'{e}, Fran\c{c}ois and Rady, Sven", - title = "{Housing Market Dynamics: On the Contribution of Income Shocks and Credit Constraints}", - year = "2006", - month = "Apr.", - journal = "The Review of Economic Studies", - volume = "73", - number = "2", - pages = "459--485" -} - -@article{pennington06, - author = "Pennington-Cross, Anthony", - title = "{The Value of Foreclosed Property}", - year = "2006", - journal = "JRER", - volume = "28", - number = "2", - pages = "193--214" -} - -@article{pennington10, - author = "Pennington-Cross, Anthony", - title = "{The Duration of Foreclosures in the Subprime Mortgage Market: A Competing Risks Model with Mixing}", - year = "2010", - journal = "Journal of Real Estate Financial Economics", - volume = "40", - pages = "109--129" -} - -@article{rappaport07, - author = "Rappaport, Jordan", - title = "{A Guide to Aggregate House Price measures}", - year = "2007", - journal = "Economic Review, Federal Reserve Bank of Kansas City", - volume = "Second Quarter", - pages = "41--71" -} - -@article{harding07, - author = "Harding, John P. and Rosenthal, Stuart S. and Sirmans, C.F.", - title = "{Depreciation of Housing Capital, Maintenance, and House Price Inflation: Estimates from a Repeat Sales Model}", - year = "2007", - journal = "Journal of Urban Economics", - volume = "61", - pages = "193--217" -} - -@article{silos07, - author = "Silos, Pedro", - title = "{Housing, Portfolio Choice and the Macroeconomy}", - year = "2007", - journal = "Journal of Economic Dynamics and Control", - volume = "31", - pages = "2774--2801" -} - -@article{davis07, - author = "Davis, Morris A. and Heathcote, Jonathan", - title = "{The Price and Quantity of Residential Land in the United States}", - year = "2007", - journal = "Journal of Monetary Economics", - volume = "54", - pages = "2595--2620" -} - -@article{davis08, - author = "Davis, Morris A. and Palumbo, Michael G.", - title = "{The Price of Residential Land in Large US Cities}", - year = "2008", - journal = "Journal of Urban Economics", - volume = "63", - pages = "352--384" -} - -@article{davis08b, - author = "Davis, Morris A. and Lehnert, Andreas and Martin, Robert F.", - title = "{The Rent-Price Ratio for the Aggregate Stock of Owner-Occupied Housing}", - year = "2008", - journal = "Review of Income and Wealth", - volume = "54", - number = "2", - pages = "279--284" -} - -@article{novymarx09, - author = "Novy-Marx, Robert", - title = "{Hot and Cold Markets}", - year = "2009", - journal = "Real Estate Economics", - volume = "37", - number = "1", - pages = "1--22" -} - -@article{piazzesi09, - author = "Piazzesi, Monika and Schneider, Martin", - title = "{Momentum Traders in the Housing Market: Survey Evidence and a Search Model}", - year = "2009", - journal = "American Economic Review: Papers \& Proceedings", - volume = "99", - number = "2", - pages = "406--411" -} - -@article{krainer10, - author = "Krainer, John and Spiegel, Mark M. and Yamori, Nobuyoshi", - title = "{Asset Price Persistence and Real Estate Market Illiquidity: Evidence from Japanese Land Values}", - year = "2010", - journal = "Real Estate Economics", - volume = "38", - number = "2", - pages = "171--196" -} - -@article{pennington10, - author = "Pennington-Cross, Anthony", - title = "{The Duration of Foreclosures in the Subprime Mortgage Market: A Competing Risks Model with Mixing}", - year = "2010", - journal = "Journal of Real Estate Financial Economics", - volume = "40", - pages = "109--129" -} - -@incollection{bernanke2000, - author = "Ben Bernanke", - title = "{Japan's Slump: A Case of Self-Induced Paralysis?}", - editor = "Posen, Adam and Mikitani, Ryoichi", - publisher = "Institute for International Economics", - year = "2000", - booktitle = "Japan's Financial Crisis and Its Parallels to U.S.\ Experience" -} - -@unpublished{rios12, - author = "R\'{i}os-Rull, Jos\'{e}-V\'{i}ctor and S\'{a}nchez-Marcos, Virginia", - title = "{Aggregate Shocks and House Price Fluctuations}", - year = "2012", - note = "mimeo" -} - -@unpublished{bianchi15, - author = "Bianchi, Francesco and Melosi, Leonardo", - title = "{Escaping the Great Recession}", - year = "2015", - note = "Working Paper" -} - -@unpublished{hintermaier11, - author = "Hintermaier, Thomas and Koeniger, Winfried", - title = "{Debt Portfolios}", - year = "2011", - note = "Working Paper" -} - -@unpublished{wolff14, - author = "Edward N. Wolff", - title = "{Household Wealth Trends in the United States, 1962 - 2013: What Happened over the Great Recession?}", - year = "2014", - note = "NBER Working Paper 20733" -} - -@article{leamer07, - author = "Leamer, Edward E.", - title = "{Housing \emph{is} the Business Cycle}", - year = "2007", - journal = "Proceedings, Federal Reserve Bank of Kansas City", - pages = "149--233" -} - -@article{merlo04, - author = "Merlo, Antonio and Ortalo-Magn\'{e}, Fran\c{c}ois", - title = "{Bargaining Over Residential Real Estate: Evidence From England}", - year = "2004", - journal = "Journal of Urban Economics", - volume = "56", - pages = "192--216" -} - -@article{merlo13, - author = "Merlo, Antonio and Ortalo-Magn\'{e}, Fran\c{c}ois and Rust, John", - title = "{The Home Selling Problem: Theory and Evidence}", - year = "2015", - journal = "International Economic Review", - volume = "56", - issue = "2", - pages = "457--484" -} - -@article{caplin11, - author = "Caplin, Andrew and Leahy, John", - title = "{Trading Frictions and House Price Dynamics}", - year = "2011", - journal = "Journal of Money, Credit, and Banking", - volume = "43", - pages = "283--303" -} - -@article{campbell11, - author = "Campbell, John Y. and Giglio, Stefano and Pathak, Parag", - title = "{Forced Sales and House Prices}", - year = "2011", - month = "Aug.", - journal = "American Economic Review", - volume = "101", - number = "5", - pages = "2108--2131" -} - -@unpublished{garriga09, - author = "Garriga, Carlos and Schlagenhauf, Don E.", - title = "{Home Equity, Foreclosures, and Bail-outs}", - year = "2009", - month = "Jan.", - note = "Working Paper" -} - -@article{ngai09, - author = "Ngai, L. Rachel and Tenreyro, Silvana", - title = "{Hot and Cold Seasons in the Housing Market}", - year = "2014", - journal = "American Economic Review", - volume = "104", - number = "12", - pages = "3991--4026" -} - -@unpublished{ngai15, - author = "Ngai, L. Rachel and Sheedy, Kevin D.", - title = "{The Ins and Outs of Selling Houses}", - year = "2015", - note = "Working Paper" -} - -@unpublished{wheaton09, - author = "Wheaton, William C. and Lee, Nai Jia", - title = "{The Co-movement of Housing Sales and Housing Prices: Empirics and Theory}", - year = "2009", - month = "Feb.", - note = "Working Paper" -} - -@article{arellano12, - author = "Arellano, Cristina and Ramanarayanan, Ananth", - title = "{Default and the Maturity Structure in Sovereign Bonds}", - year = "2012", - month = "Aug.", - journal = "Journal of Political Economy", - volume = "120", - number = "2", - pages = "187--232" -} - -@article{arellano16, - author = "Arellano, Manuel and Blundell, Richard and Bonhomme, St\'{e}phane", - title = "{Earnings and Consumption Dynamics: A Nonlinear Panel Data Framework}", - year = "2017", - month = "May", - journal = "Econometrica", - volume = "85", - number = "3", - pages = "693--734" -} - -@article{chatterjee12, - author = "Chatterjee, Satyajit and Eyigungor, Burcu", - title = "{Maturity, Indebtedness, and Default Risk}", - year = "2012", - journal = "American Economic Review", - volume = "102", - number = "6", - pages = "2674--2699" -} - -@unpublished{chetty10, - author = "Chetty, Raj and Szeidl, Adam", - title = "{The Effect of Housing on Portfolio Choice}", - year = "2010", - month = "May", - note = "Working Paper" -} - -@unpublished{kahn09, - author = "Kahn, James A.", - title = "{What Drives Housing Prices?}", - year = "2009", - month = "June", - note = "Working Paper" -} - -@article{albrecht12, - author = "Albrecht, James and Gautier, Pieter A. and Vroman, Susan", - title = "{Directed Search in the Housing Market}", - year = "2016", - journal = "Review of Economic Dynamics", - volume = "19", - pages = "218 -- 231" -} - -@article{mian14, - author = "Mian, Atif and Sufi, Amir and Trebbi, Francesco", - title = "{Foreclosures, House Prices, and the Real Economy}", - year = "2015", - journal = "Journal of Finance", - volume = "70", - number = "6", - pages = "2587--2634" -} - -@article{miansufi11, - author = "Mian, Atif and Sufi, Amir", - title = "{House Prices, Home Equity-Based Borrowing, and the US Household Leverage Crisis}", - year = "2011", - journal = "American Economic Review", - volume = "101", - number = "5", - pages = "2132--2156" -} - -@unpublished{nagaraja10, - author = "Nagaraja, Chaitra H. and Brown, Lawrence D. and Wachter, Susan M.", - title = "{House Price Index Methodology}", - year = "2010", - month = "June", - note = "Working Paper" -} - -@article{diaz12, - author = "D\'{i}az, Antonia and Jerez, B\'{e}len", - title = "{House Prices, Sales, and Time on the Market: A Search-Theoretic Framework}", - year = "2013", - journal = "International Economic Review", - volume = "54", - number = "3", - pages = "837--872" -} - -@article{iacoviello13, - author = "Iacoviello, Matteo and Pavan, Marina", - title = "{Housing and Debt Over the Life Cycle and Over the Business Cycle}", - year = "2013", - journal = "Journal of Monetary Economics", - volume = "60", - number = "2", - pages = "221--238" -} - -@article{iacoviello05, - author = "Iacoviello, Matteo", - title = "{House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle}", - year = "2005", - journal = "American Economic Review", - volume = "95", - number = "3", - pages = "739--764" -} - -@article{carroll11, - author = "Carroll, Christopher D. and Otsuka, Misuzu and Slacalek, Jiri", - title = "{How Large Are Housing and Financial Wealth Effects? A New Approach}", - year = "2011", - journal = "Journal of Money, Credit, and Banking", - volume = "43", - number = "1", - pages = "55--79" -} - -@article{garriga12, - author = "Garriga, Carlos and Manuelli, Rody and Peralta-Alva, Adrian", - title = "{A Macroeconomic Model of Price Swings in the Housing Market}", - journal = "American Economic Review", - year = "2019", - month = "Forthcoming" -} - -@unpublished{garriga16, - author = "Boldrin, Michele and Garriga, Carlos and Peralta-Alva, Adrian and Sanchez, Juan M.", - title = "{Reconstructing the Great Recession}", - year = "2016", - note = "Working Paper" -} - -@unpublished{glaesar12, - author = "Glaesar, Edward L. and Gyourko, Joseph and Morales, Eduardo and Nathanson, Charles", - title = "{Housing Dynamics}", - year = "2012", - month = "Jan.", - note = "Working Paper" -} - -@unpublished{genesove10, - author = "Genesove, David and Han, Lu", - title = "{Search and Matching in the Housing Market}", - year = "2010", - month = "Mar.", - note = "Working Paper" -} - -@article{kiyotaki11, - author = "Kiyotaki, Nobuhiro and Michaelides, Alexander and Nikolov, Kalin", - title = "{Winners and Losers in Housing Markets}", - year = "2011", - month = "Mar.", - journal = "Journal of Money, Credit, and Banking", - volume = "43", - number = "2--3", - pages = "255--296" -} - -@article{head12, - author = "Head, Allen and Lloyd-Ellis, Huw and Sun, Hongfei", - title = "{Search, Liquidity, and the Dynamics of House Prices and Construction}", - year = "2014", - journal = "American Economic Review", - volume = "104", - number = "4", - pages = "1172--1210" -} - -@unpublished{magnus11, - author = "Magnus, Gideon", - title = "{The Dynamics of Prices, Liquidity, and Vacancies in the Housing Market}", - year = "2011", - month = "Mar.", - note = "Working Paper" -} - -@article{favilukis13, - author = "Favilukis, Jack and Ludvigson, Sydney C. and Van Nieuwerburgh, Stijn", - title = "{The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk-Sharing in General Equilibrium}", - year = "2017", - journal = "Journal of Political Economy", - volume = "125", - number = "1", - pages = "140--223" -} - -@article{davis15, - author = "Davis, Morris and Van Nieuwerburgh, Stijn", - title = "{Housing, Finance and the Macroeconomy}", - year = "2015", - journal = "Handbook of Regional and Urban Economics, Volume 5", - pages = "753--811" -} - -@article{burnside13, - author = "Burnside, Craig and Eichenbaum, Martin and Rebelo, Sergio", - title = "{Understanding Booms and Busts in Housing Markets}", - year = "2017", - journal = "Journal of Political Economy", - volume = "124", - number = "4", - pages = "1088--1147" -} - -@article{lagos09, - author = "Lagos, Ricardo and Rocheteau, Guillaume", - title = "{Liquidity in Asset Markets with Search Frictions}", - year = "2009", - month = "Mar.", - journal = "Econometrica", - volume = "77", - number = "2", - pages = "403--426" -} - -@article{krusell10, - author = "Krusell, Per and Mukoyama, Toshihiko, and Sahin, Aysegul", - title = "{Labor-Market Matching with Precautionary Savings and Aggregate Fluctuations}", - year = "2010", - journal = "The Review of Economic Studies", - volume = "77", - number = "4", - pages = "1477--1507" -} - -@article{bils11, - author = "Bils, Mark and Chang, Yongsung and Kim, Sun-Bin", - title = "{Worker Heterogeneity and Endogenous Separations in a Matching Model of Unemployment}", - year = "2011", - month = "Jan.", - journal = "American Economic Journal of Macroeconomics", - volume = "3", - number = "1", - pages = "128--154" -} - -@article{menzio10, - author = "Menzio, Guido and Shi, Shouyong", - title = "{Block Recursive Equilibria for Stochastic Models of Search on the Job}", - year = "2010", - month = "July", - journal = "Journal of Economic Theory", - volume = "145", - number = "4", - pages = "1453--1494" -} - -@article{flavin08, - author = "Flavin, Marjorie and Nakagawa, Shinobu", - title = "{A Model of Housing in the Presence of Adjustment Costs: A Structural Interpretation of Habit Persistence}", - year = "2008", - month = "Mar.", - journal = "American Economic Review", - volume = "98", - number = "1", - pages = "474--495" -} - -@article{hedlundDiscontents, - author = "Hedlund, Aaron", - title = "{Illiquidity and its Discontents: Trading Delays and Foreclosures in the Housing Market}", - year = "2016", - journal = "Journal of Monetary Economics", - volume = "83", - pages = "1--13" -} - -@article{hedlundCyclical, - author = "Hedlund, Aaron", - title = "{The Cyclical Dynamics of Illiquid Housing, Debt, and Foreclosures}", - year = "2016", - month = "Mar.", - journal = "Quantitative Economics", - volume = "7", - number = "1", - pages = "289--328" -} - -@article{hedlundgarriga19, - author = "Garriga, Carlos and Hedlund, Aaron", - title = "{Crises in the Housing Market: Causes, Consequences, and Policy Lessons}", - year = "2019", - journal = "Oxford Research Encyclopedia of Economics and Finance", - note = "Forthcoming" -} - -@unpublished{karahan13, - author = "Karahan, Fatih and Rhee, Serena", - title = "{Geographical Reallocation and Unemployment during the Great Recession: The Role of the Housing Bust}", - year = "2013", - month = "Mar.", - note = "Working Paper" -} - -@unpublished{salgadoetal17, - author = "Salgado, Sergio and Guvenen, Fatih and Bloom, Nicholas", - title = "{Skewed Business Cycles}", - year = "2017", - note = "Working Paper" -} - -@unpublished{mitman12, - author = "Mitman, Kurt", - title = "{Macroeconomic Effects of Bankruptcy and Foreclosure Policies}", - year = "2014", - month = "May", - note = "Working Paper" -} - -@article{sommer13, - author = "Sommer, Kamila and Sullivan, Paul and Verbrugge, Randal", - title = "{The Equilibrium Effect of Fundamentals on House Prices and Rents}", - year = "2013", - journal = "Journal of Monetary Economics", - volume = "60", - number = "7", - pages = "854--870" -} - -@article{jeske13, - author = "Jeske, Karsten and Krueger, Dirk and Mitman, Kurt", - title = "{Housing, Mortgage Bailout Guarantees and the Macro Economy}", - year = "2013", - journal = "Journal of Monetary Economics", - volume = "60", - number = "8", - pages = "917--935" -} - -@article{chatterjee07, - author = "Chatterjee, Satyajit and Corbae, Dean and Nakajima, Makoto and R\'{i}os-Rull, Jos\'{e}-V\'{i}ctor", - title = "{A Quantitative Theory of Unsecured Consumer Credit with Risk of Default}", - year = "2007", - month = "Nov.", - journal = "Econometrica", - volume = "75", - number = "6", - pages = "1525--1589" -} - -@article{corbae14, - author = "Corbae, Dean and Quintin, Erwan", - title = "{Leverage and the Foreclosure Crisis}", - year = "2015", - journal = "Journal of Political Economy", - volume = "123", - pages = "1--65" -} - -@article{krusell98, - author = "Krusell, Per and Smith, Anthony", - title = "{Income and Wealth Heterogeneity in the Macroeconomy}", - year = "1998", - month = "Oct.", - journal = "Journal of Political Economy", - volume = "106", - number = "5", - pages = "867--896" -} - -@unpublished{binsbergen10, - author = "van Binsbergen, Jules H. and Fern\'{a}ndez-Villaverde, J\'{e}sus and Koijen, Ralph S.J. and Rubio-Ram\'{i}rez, Juan F.", - title = "{The Term Structure of Interest Rates in a DSGE Model with Recursive Preferences}", - year = "2010", - note = "Working Paper" -} - -@unpublished{mckay15, - author = "McKay, Alisdair and Nakamura, Emi and Steinsson, J\'{o}n", - title = "{The Power of Forward Guidance Revisited}", - year = "2015", - note = "Working Paper" -} - -@article{storesletten04, - author = "Storesletten, Kjetil and Telmer, Chris I. and Yaron, Amir", - title = "{Cyclical Dynamics in Idiosyncratic Labor Market Risk}", - year = "2004", - month = "June", - journal = "Journal of Political Economy", - volume = "112", - number = "3", - pages = "695--717" -} - -@article{diaz10b, - author = "D\'{i}az, Antonia and Luengo-Prado, Mar\'{i}a-Jos\'{e}", - title = "{The Wealth Distribution with Durable Goods}", - year = "2010", - month = "Feb.", - journal = "International Economic Review", - volume = "51", - number = "1", - pages = "143--170" -} - -@unpublished{nakajima10, - author = "Nakajima, Makoto", - title = "{Optimal Capital Income Taxation with Housing}", - year = "2010", - note = "Working Paper" -} - -@unpublished{gruber03, - author = "Gruber, Joseph and Martin, Robert F.", - title = "{The Role of Durable Goods in the Distribution of Wealth: Does Housing Make Us Less Equal?}", - year = "2003", - note = "Working Paper" -} - -@article{dieleman00, - author = "Dieleman, Frans and Clark, William and Deurloo, Marinus", - title = "{The Geography of Residential Turnover in Twenty-Seven Large U.S. Metropolitan Housing Markets, 1985 - 1995}", - year = "2000", - journal = "Urban Studies", - volume = "37", - pages = "223--245" -} - -@article{hodrick97, - author = "Hodrick, Robert J. and Prescott, Edward C.", - title = "{Postwar U.S. Business Cycles: An Empirical Investigation}", - year = "1997", - month = "Feb.", - journal = "Journal of Money, Credit and Banking", - volume = "29", - number = "1", - pages = "1--16" -} - -@inproceedings{Rouwenhorst95, - author = "Rouwenhorst, K. Geert", - title = "{Asset Pricing Implications of Equilibrium Business Cycle Models}", - booktitle = "Frontiers of Business Cycle Research", - year = "1995", - editor = "Cooley, Thomas F.", - publisher = "Princeton University Press", - address = "Princeton, NJ", - pages = "294--330" -} - -@inproceedings{gordonhedlund19, - author = "Gordon, Grey and Hedlund, Aaron", - title = "{Accounting for the Rise in College Tuition}", - booktitle = "Education, Skills, and Technical Change: Implications for Future U.S.\ GDP Growth", - year = "2019", - editor = "Hulten, Charles and Ramey, Valerie", - publisher = "University of Chicago Press", - pages = "357--400" -} - -@unpublished{gordonhedlund19b, - author = "Gordon, Grey and Hedlund, Aaron", - title = "{Accounting for Tuition Increases across U.S. Colleges}", - year = "2019", - note = "Working Paper" -} - -@unpublished{case13, - author = "Case, Karl E. and Quigley, John and Shiller, Robert", - title = "{Wealth Effects Revisited: 1975 -- 2012}", - year = "2013", - note = "NBER Working Paper 18667" -} - -@article{mayer98, - author = "Mayer, Christopher J.", - title = "{Assessing the Performance of Real Estate Auctions}", - year = "1998", - journal = "Real Estate Economics", - volume = "26", - number = "1", - pages = "41--66" -} - -@article{chetty07, - author = "Chetty, Raj and Szeidl, Adam", - title = "{Consumption Commitments and Risk Preferences}", - year = "2007", - journal = "Quarterly Journal of Economics", - volume = "122", - number = "2", - pages = "831--877" -} - -@article{herkenhoff13, - author = "Herkenhoff, Kyle and Ohanian, Lee", - title = "{The Impact of Foreclosure Delay on U.S. Employment}", - year = "2019", - journal = "Review of Economic Dynamics", - month = "January", - pages = "63--83" -} - -@article{gerardi15, - author = "Gerardi, Kristopher and Herkenhoff, Kyle F. and Ohanian, Lee E. and Willen, Paul S.", - title = "{Can't Pay or Won't Pay? Unemployment, Negative Equity, and Strategic Default}", - year = "2018", - journal = "Review of Financial Studies", - volume = "31", - number = "3" -} - -@article{schelkle15, - author = "Schelkle, Thomas", - title = "{Mortgage Default during the U.S. Mortgage Crisis}", - year = "2018", - journal = "Journal of Money, Credit, and Banking", - volume = "50", - number = "6", - pages = "1101--1137" -} - -@unpublished{calem14, - author = "Calem, Paul and Jagtiani, Julapa and Lang, William W.", - title = "{Foreclosure Delay and Consumer Credit Performance}", - year = "2014", - note = "Working Paper" -} - -@article{Chu13, -author = "Yongqiang Chu", -title = "Credit Constraints, Inelastic Supply, and the Housing Boom ", -journal = "Review of Economic Dynamics ", -volume = "17", -number = "1", -pages = "52--69", -year = "2013", -} - -@article{casequigley08, - author = "Case, Karl E. and Quigley, John M.", - title = "{How Housing Booms Unwind: Income Effects, Wealth Effects, and Feedbacks through Financial Markets}", - year = "2008", - month = "June", - journal = "European Journal of Housing Policy", - volume = "8", - number = "2", - pages = "161--180" -} - -@article{piazzesi16, - author = "Piazzesi, Monika and Schneider, Martin", - title = "{Housing and Macroeconomics}", - year = "2016", - journal = "Handbook of Macroeconomics, Volume 2", - pages = "1547--1640" -} - -@unpublished{landvoigt11, - author = "Landvoigt, Tim and Piazzesi, Monika and Schneider, Martin", - title = "{The Housing Market(s) of San Diego}", - year = "2011", - note = "Working Paper" -} - -@article{fernald14, - author = "Fernald, John", - title = "{Productivity and Potential Output Before, During, and After the Great Recession}", - year = "2014", - journal = "NBER Macroeconomics Annual" -} - -@article{adelinoetal17, - author = "Adelino, Manuel and Schoar, Antoinette and Severino, Felipe", - title = "{Dynamics of Housing Debt in the Recent Boom and Great Recession}", - year = "2017", - journal = "NBER Macroeconomics Annual", - volume = "32" -} - -@article{fernald14b, - author = "Fernald, John", - title = "{The Pre-Great Recession Slowdown in Productivity}", - year = "2014", - journal = "European Economic Review", - month = "Forthcoming" -} - -@unpublished{piazzesi13, - author = "Piazzesi, Monika and Schneider, Martin and Stroebel, Johannes", - title = "{Segmented Housing Search}", - year = "2013", - note = "Working Paper" -} - -@unpublished{anenberg13, - author = "Anenberg, Elliot and Bayer, Patrick", - title = "{Endogenous Sources of Volatility in Housing Markets: The Joint Buyer-Seller Problem}", - year = "2013", - note = "Working Paper" -} - -@article{chengAER14, - author = "Cheng, Ing-Haw and Raina, Sahil and Xiong, Wei", - title = "{Wall Street and the Housing Bubble}", - year = "2014", - journal = "American Economic Review", - volume = "104", - number = "9", - pages = "2797--2829" -} - -@article{gerardiBPEA08, - author = "Gerardi, Kristopher and Lehnert, Andreas and Sherlund, Shane M. and Willen, Paul", - title = "{Making Sense of the Subprime Crisis}", - year = "2008", - month = "Fall", - journal = "Brookings Papers on Economic Activity", -} - -@unpublished{glaesergyourko08, - author = "Glaesar, Edward L. and Gyourko, Joseph", - title = "{Arbitrage in Housing Markets}", - year = "2007", - month = "Jan.", - note = "Working Paper" -} - -@unpublished{halket15, - author = "Halket, Jonathan and Nesheim, Lars and Oswald, Florian", - title = "{The Housing Stock, Housing Prices, and User Costs: The Roles of Location, Structure and Unobserved Quality}", - year = "2017", - note = "Working Paper" -} - -@unpublished{bachmann14, - author = "Bachmann, Rudiger and Cooper, Daniel", - title = "{The Ins and Arounds in the U.S. Housing Market}", - year = "2014", - note = "Working Paper" -} - -@article{miansufiECMA14, - author = "Mian, Atif and Sufi, Amir", - title = "{What Explains the 2007--2009 Drop in Employment?}", - year = "2014", - journal = "Econometrica", - volume = "82", - number = "6", - pages = "2197--2223" -} - -@article{juradoetal15, - author = "Jurado, Kyle and Ludvigson, Sydney C. and Ng, Serena", - title = "{Measuring Uncertainty}", - year = "2015", - journal = "American Economic Review", - volume = "105", - number = "3", - pages = "1177--1216" -} - -@article{bergeretal19, - author = "Berger, David and Dew-Becker, Ian and Giglio, Stefano", - title = "{Uncertainty Shocks as Second-Moment News Shocks}", - year = "2019", - journal = "Review of Economic Studies", - month = "Forthcoming" -} - -@article{bhutta16, - author = "Bhutta, Neil and Keys, Benjamin J.", - title = "{Interest Rates and Equity Extraction During the Housing Boom}", - year = "2016", - journal = "American Economic Review", - volume = "106", - number = "7", - pages = "1742--1774" -} - -@article{bhutta15, - author = "Bhutta, Neil", - title = "{The Ins and Outs of Mortgage Debt During the Housing Boom}", - year = "2015", - journal = "Journal of Monetary Economics", - volume = "76", - pages = "284--298" -} - -@article{kehoe12, - author = "Arellano, Cristina and Bai, Yan and Kehoe, Patrick", - title = "{Financial Frictions and Fluctuations in Volatility}", - year = "2019", - journal = "Journal of Political Economy", - month = "Forthcoming" -} - -@unpublished{coxludvigson18, - author = "Cox, Josue and Ludvigson, Sydney C.", - title = "{Drivers of the Great Housing Boom-Bust: Credit Conditions, Beliefs, or Both?}", - year = "2018", - month = "Nov.", - note = "Working Paper" -} - -@article{levitinwachter15, - author = "Levitin, Adam J. and Wachter, Susan M.", - title = "{Second Liens and the Leverage Option}", - year = "2015", - journal = "Vanderbilt Law Review", - volume = "68", - number = "5", - pages = "1243--1294" -} - -@unpublished{davisetal19, - author = "Davis, Morris A. and Larson, William D. and Oliner, Stephen D.", - title = "{Mortgage Risk Since 1990}", - year = "2019", - note = "Working Paper" -} - -@article{shoagveuger16, - author = "Shoag, Daniel and Veuger, Stan", - title = "{Uncertainty and the Geography of the Great Recession}", - year = "2016", - journal = "Journal of Monetary Economics", - volume = "84", - pages = "84--93" -} - -@unpublished{handleyli18, - author = "Handley, Kyle and Li, J. Frank", - title = "{Measuring the Effects of Firm Uncertainty on Economic Activity: New Evidence from One Million Documents}", - year = "2018", - note = "Working Paper" -} - -@unpublished{price19, - author = "Price, Fiona and Beckers, Benjamin and La Cava, Gianni", - title = "{The Effect of Mortgage Debt on Consumer Spending: Evidence from Household-Level Data}", - year = "2019", - note = "Working Paper" -} - -@article{kaplanetal14, - author = "Kaplan, Greg and Violante, Giovanni L. and Weidner, Justin", - title = "{The Wealthy Hand-to-Mouth}", - year = "2014", - month = "Spring", - journal = "Brookings Papers on Economic Activity" -} - -@article{gagnon11, - author = "Gagnon, Joseph and Raskin, Matthew and Remache, Julie and Sack, Brian", - title = "{The Financial Market Effects of the Federal Reserve's Large-Scale Asset Purchases}", - year = "2011", - journal = "International Journal of Central Banking", - volume = "7", - number = "1", - pages = "3--43" -} - -@article{bonis17, - author = "Bonis, Brian and Ihrig, Jane and Wei, Min", - title = "{The Effect of the Federal Reserve’s Securities Holdings on Longer-term Interest Rates}", - year = "2017", - journal = "FEDS Notes" -} - -@unpublished{hancock14, - author = "Hancock, Diana and Passmore, Wayne", - title = "{How the Federal Reserve’s Large-Scale Asset Purchases (LSAPs) Influence Mortgage-Backed Securities (MBS) Yields and U.S. Mortgage Rates}", - year = "2014", - note = "Working Paper" -} - -@unpublished{IG2014, - author = "FHFA Office of Inspector General", - title = "{Impact of the Federal Reserve's Quantitative Easing Programs on Fannie Mae and Freddie Mac}", - year = "2014", - note = "Evaluation Report" -} - -@article{kuttner18, - author = "Kuttner, Kenneth N.", - title = "{Outside the Box: Unconventional Monetary Policy in the Great Recession and Beyond}", - year = "2018", - journal = "Journal of Economic Perspectives", - volume = "32", - number = "4", - pages = "121--146" -} - -@article{chen12, - author = "Chen, Han and C\'{u}rdia, Vasco and Ferrero, Andrea", - title = "{The Macroeconomic Effects of Large‐scale Asset Purchase Programmes}", - year = "2012", - journal = "Economic Journal", - volume = "122", - number = "564", - pages = "F289--F315" -} - -@article{fieldhouse18, - author = "Fieldhouse, Andrew J. and Mertens, Karel and Ravn, Moren O.", - title = "{The Macroeconomic Effects of Government Asset Purchases: Evidence from Postwar U.S. Housing Credit Policy}", - year = "2018", - journal = "The Quarterly Journal of Economics", - volume = "133", - number = "3", - pages = "1503--1560" -} - -@article{hamilton18, - author = "Hamilton, James D.", - title = "{The Efficacy of Large-Scale Asset Purchases When the Short-Term Interest Rate is at its Effective Lower Bound}", - year = "2018", - month = "Fall", - journal = "Brookings Papers on Economic Activity", -} - -@article{gagnonsack18, - author = "Gagnon, Joseph E. and Sack, Brian", - title = "{QE: A User's Guide}", - year = "2018", - journal = "Peterson Institute for International Economics Policy Brief" -} - -@unpublished{glover19, - author = "Glover, Andrew and Heathcote, Jonathan and Krueger, Dirk and R\'{i}os-Rull, Jos\'{e}-V\'{i}ctor", - title = "{Intergenerational Redistribution in the Great Recession}", - year = "2019", - note = "Working Paper" -} -@article{ghMortgage, - title={Mortgage debt, consumption, and illiquid housing markets in the great recession}, - author={Garriga, Carlos and Hedlund, Aaron}, - journal={American Economic Review}, - volume={110}, - number={6}, - pages={1603--34}, - year={2020} -} - -@inproceedings{hkmsMonetary, - title={Monetary policy, heterogeneity, and the housing channel}, - author={Hedlund, Aaron and Karahan, Fatih and Mitman, Kurt and Ozkan, Serdar}, - booktitle={ASSA 2017 Meeting Papers}, - volume={1610}, - year={2017} -} -@article{ckConsumption, - title={Consumption Heterogeneity: Micro Drivers and Macro Implications}, - author={Crawley, Edmund and Kuchler, Andreas}, - journal={American Economic Journal: Macroeconomics}, - year={2022} -} - -@ARTICLE{Tanaka2013-bc, - title = "{Discrete approximations of continuous distributions by maximum - entropy}", - author = "Tanaka, Ken'ichiro and Toda, Alexis Akira", - abstract = "PDF | On Mar 1, 2013, Ken'ichiro Tanaka and others published - Discrete approximations of continuous distributions by maximum - entropy | Find, read and cite all the research you need on - ResearchGate", - journal = "Economics letters", - publisher = "Elsevier", - volume = 118, - number = 3, - pages = "445--450", - month = mar, - year = 2013, - url = "https://www.researchgate.net/publication/256994855_Discrete_approximations_of_continuous_distributions_by_maximum_entropy", - file = "All Papers/Other/Tanaka and Toda2013-Discrete approximations of continuous distributions by maximum entropy.pdf", - issn = "0165-1765", - doi = "10.1016/j.econlet.2012.12.020" -} - -@book{scarrollHowRich, - title={How rich is too rich?: income and wealth in America}, - author={Inhaber, Herbert and Carroll, Sidney L}, - year={1992}, - publisher={Praeger Pub Text} -} diff --git a/docs/NARK/texmf-local/bibtex/bib/system.bib b/docs/NARK/texmf-local/bibtex/bib/system.bib deleted file mode 100644 index a1832aaf5..000000000 --- a/docs/NARK/texmf-local/bibtex/bib/system.bib +++ /dev/null @@ -1,23486 +0,0 @@ -% -*- mode: BibTeX; TeX-PDF-mode: t; -*- # Tell emacs the file type (for syntax coloring) - -,-------------------. -| BIBTEX ENTRIES | -`-------------------' - -@article{wangTaoPerceived, -author={Tao Wang}, -title={Perceived versus Calibrated Income Risks in Heterogeneous-Agent Consumption Models}, -journal={Job Market Paper, Johns Hopkins University}, -year={2024} -} - -@article{flExpenseShocks, -author={Scott Fulford and David Low}, -title={Expense Shocks Matter}, -journal={Working Paper}, -year={2024}, -volume={}, -pages={} -} - -@article{akerlof1985near, - title={A near-rational model of the business cycle, with wage and price inertia}, - author={Akerlof, George A and Yellen, Janet L}, - journal={The Quarterly Journal of Economics}, - volume={100}, - number={Supplement}, - pages={823--838}, - year={1985}, - publisher={MIT Press} -} -@article{cochrane1989sensitivity, - title={The Sensitivity of Tests of the Intertemporal Allocation of Consumption to Near-Rational Alternatives}, - author={Cochrane, John H}, - journal={The American Economic Review}, - pages={319--337}, - year={1989}, - publisher={JSTOR} -} -@article{bcShocksStocks, -author = {Browning, Martin and Crossley, Thomas F.}, -title = {Shocks, Stocks, and Socks: Smoothing Consumption Over a Temporary Income Loss}, -journal = {Journal of the European Economic Association}, -volume = {7}, -number = {6}, -pages = {1169-1192}, -doi = {https://doi.org/10.1162/JEEA.2009.7.6.1169}, -url = {https://onlinelibrary.wiley.com/doi/abs/10.1162/JEEA.2009.7.6.1169}, -eprint = {https://onlinelibrary.wiley.com/doi/pdf/10.1162/JEEA.2009.7.6.1169}, -abstract = {Abstract We investigate how households in temporarily straitened circumstances due to an unemployment spell cut back on expenditures and how they spend marginal dollars of unemployment insurance (UI) benefit. Our theoretical and empirical analyses emphasize the importance of allowing for the fact that households buy durable as well as non-durable goods. The theoretical analysis shows that in the short run households can cut back significantly on total expenditures without a significant fall in welfare if they concentrate their budget reductions on durables. We then present an empirical analysis based on a Canadian survey of workers who experienced a job separation. Exploiting changes in the unemployment insurance system over our sample period we show that cuts in UI benefits lead to reductions in total expenditure with a stronger impact on clothing than on food expenditures. Our empirical strategy allows that these expenditures may be non-separable from employment status. The effects we find are particularly strong for households with no liquid assets before the spell started. These qualitative findings are in precise agreement with the theoretical predictions. (JEL: D11, D12, D91, J65)}, -year = {2009} -} - -@article{parker2017don, - title={Why don't households smooth consumption? Evidence from a {\$25} million experiment}, - author={Parker, Jonathan A}, - journal={American Economic Journal: Macroeconomics}, - volume={9}, - number={4}, - pages={153--183}, - year={2017}, - publisher={American Economic Association 2014 Broadway, Suite 305, Nashville, TN 37203-2425} -} - -@article{coenen2012effects, - title={Effects of fiscal stimulus in structural models}, - author={Coenen, G{\"u}nter and Erceg, Christopher J and Freedman, Charles and Furceri, Davide and Kumhof, Michael and Lalonde, Ren{\'e} and Laxton, Douglas and Lind{\'e}, Jesper and Mourougane, Annabelle and Muir, Dirk and others}, - journal={American Economic Journal: Macroeconomics}, - volume={4}, - number={1}, - pages={22--68}, - year={2012}, - publisher={American Economic Association} -} - -@article{bayercoronavirus, - title={The Coronavirus Stimulus Package: How Large is the Transfer Multiplier?}, - author={Bayer, Christian and Born, Benjamin and Luetticke, Ralph and M{\"u}ller, Gernot J}, - journal={The Economic Journal}, - year={2023}, - doi={https://doi.org/10.1093/ej/uead003} -} - -@article{mckay2016role, - title={The role of automatic stabilizers in the US business cycle}, - author={McKay, Alisdair and Reis, Ricardo}, - journal={Econometrica}, - volume={84}, - number={1}, - pages={141--194}, - year={2016}, - publisher={Wiley Online Library} -} - -@article{mckay2021optimal, - title={Optimal automatic stabilizers}, - author={McKay, Alisdair and Reis, Ricardo}, - journal={The Review of Economic Studies}, - volume={88}, - number={5}, - pages={2375--2406}, - year={2021}, - publisher={Oxford University Press} -} - -@techreport{hagedorn2019unemployment, - title={Unemployment Benefits and Unemployment in the Great Recession: The Role of Macro Effects}, - author={Hagedorn, Marcus and Karahan, Fatih and Manovskii, Iourii and Mitman, Kurt}, - year={2019}, - note={Working paper} -} - -@techreport{hagedorn2017impact, - title={The Impact of Unemployment Benefit Extensions on Employment: The 2014 Employment Miracle?}, - author={Hagedorn, Marcus and Manovskii, Iourii and Mitman, Kurt}, - year={2017}, - note={Working paper} -} - -@techreport{chodorow2016limited, - title={The limited macroeconomic effects of unemployment benefit extensions}, - author={Chodorow-Reich, Gabriel and Karabarbounis, Loukas}, - year={2016}, - institution={National Bureau of Economic Research} -} - -@article{kekre2022unemp, - author = {Kekre, Rohan}, - title = {Unemployment Insurance in Macroeconomic Stabilization}, - journal = {The Review of Economic Studies}, - year = {2022}, - month = {12}, - doi = {10.1093/restud/rdac080}, - url = {https://doi.org/10.1093/restud/rdac080}, - eprint = {https://academic.oup.com/restud/advance-article-pdf/doi/10.1093/restud/rdac080/49998599/rdac080.pdf}, -} - -@article{crawley2023MicroMacro, - Author = {Crawley, Edmund and Kuchler, Andreas}, - Title = {Consumption Heterogeneity: Micro Drivers and Macro Implications}, - Journal = {American Economic Journal: Macroeconomics}, - Volume = {15}, - Number = {1}, - Year = {2023}, - Month = {January}, - Pages = {314-41}, - DOI = {10.1257/mac.20200352}, - URL = {https://www.aeaweb.org/articles?id=10.1257/mac.20200352} -} - -@article{cstwMPC, - author = {Carroll, Christopher and Slacalek, Jiri and Tokuoka, Kiichi and White, Matthew N.}, - title = {The distribution of wealth and the marginal propensity to consume}, - journal = {Quantitative Economics}, - volume = {8}, - number = {3}, - pages = {977-1020}, - keywords = {Wealth distribution, marginal propensity to consume, heterogeneity, inequality, D12, D31, D91, E21}, - doi = {https://doi.org/10.3982/QE694}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.3982/QE694}, - eprint = {https://onlinelibrary.wiley.com/doi/pdf/10.3982/QE694}, - abstract = {In a model calibrated to match micro- and macroeconomic evidence on household income dynamics, we show that a modest degree of heterogeneity in household preferences or beliefs is sufficient to match empirical measures of wealth inequality in the United States. The heterogeneity-augmented model's predictions are consistent with microeconomic evidence that suggests that the annual marginal propensity to consume (MPC) is much larger than the roughly 0.04 implied by commonly used macroeconomic models (even ones including some heterogeneity). The high MPC arises because many consumers hold little wealth despite having a strong precautionary motive. Our model also plausibly predicts that the aggregate MPC can differ greatly depending on how the shock is distributed across households (depending, e.g., on their wealth, or employment status).}, - year = {2017} -} - -@article{broer2023fiscalmultipliers, - title = {Fiscal Multipliers: {A} Heterogenous-Agent Perspective}, - author={Broer, Tobias and Krusell, Per and {\"O}berg, Erik}, - journal={Quantitative Economics}, - volume={14}, - number={3}, - pages={799--816}, - doi={https://doi.org/10.3982/QE1901}, - year={2023} -} - -@techreport{beraja2023size, - title={On the Size of Stimulus Checks: How Much is Too Much?}, - author={Beraja, Martin and Zorzi, Nathan}, - year={2023}, - note={Working paper} -} - -@article{andrews2017measuring, - title={Measuring the sensitivity of parameter estimates to estimation moments}, - author={Andrews, Isaiah and Gentzkow, Matthew and Shapiro, Jesse M}, - journal={The Quarterly Journal of Economics}, - volume={132}, - number={4}, - pages={1553--1592}, - year={2017}, - publisher={Oxford University Press} -} - -@article{HAFiscalRR, - title={Welfare and Spending Effects of Consumption Stimulus Policies}, - author={Carroll, Christopher D and Crawley, Edmund and Frankovic, Ivan and Tretvoll, H{\aa}kon}, - year={2023}, - journal={Under Revision, Quantitative Economics} -} - -@inproceedings{BenthallCDLLMS22, - title = {Simulating Heterogeneous Portfolio Choices and Financial Market Outcomes}, - author = {Sebastian Benthall and Christopher D. Carroll and Zachary David and John Liechty and Alan Lujan and Christopher McComb and Nicholas Skar-Gislinge}, - year = {2022}, - url = {https://ceur-ws.org/Vol-3420/paper4.pdf}, - researchr = {https://researchr.org/publication/BenthallCDLLMS22}, - booktitle = {Proceedings of the 2nd Workshop on Agent-based Modeling and Policy-Making (AMPM 2022) co-located with 35th International Conference on Legal Knowledge and Information Systems (JURIX 2022), Saarbrücken, Germany, December 14, 2022}, - editor = {Giovanni Sileno and Nicola Lettieri and Christoph Becker 0004}, - volume = {3420}, - series = {CEUR Workshop Proceedings}, - publisher = {CEUR-WS.org}, -} - -@article{White23, -author = {Matthew N. White}, -journal = {Journal of Health Economics}, -title = {Self-Reported Health Status and Latent Health Dynamics}, -year = {2023}, -volume = {88}, -} - -@article{cglwDefInt, -author = {Christopher Carroll and Daniel Grodzicki David Low and Matthew N. White}, -journal = {working paper}, -title = {Even Self-Aware Consumers Are Overconfident}, -year = {2023} -} - -@article{DynInsSel, -author = {Ahmed Khwaja and Matthew N. White}, -journal = {working paper, University of Cambridge}, -title = {Health Insurance Reform and the (Re-)Distribution of Welfare: A Dynamic Lifecycle Analysis of Heterogeneity in Willingness to Pay for the Affordable Care Act}, -year = {2023} -} - -@article{HousingLCXC, -author = {Julia LeBlanc and Jiri Slacalek and Matthew N. White}, -journal = {working paper}, -title = {Housing Wealth Across Countries: The Role of Expectations, Preferences and Institutions}, -year = {2023} -} - -@article{giglio2021five, - title={Five facts about beliefs and portfolios}, - author={Giglio, Stefano and Maggiori, Matteo and Stroebel, Johannes and Utkus, Stephen}, - journal={American Economic Review}, - volume={111}, - number={5}, - pages={1481--1522}, - year={2021}, - publisher={American Economic Association 2014 Broadway, Suite 305, Nashville, TN 37203} -} - -@article{carroll1983occupational, - title={Occupational licensing and the quality of service: An overview.}, - author={Carroll, Sidney L and Gaston, Robert J}, - journal={Law and Human Behavior}, - volume={7}, - number={2-3}, - pages={139}, - year={1983}, - publisher={Plenum Publishing Corp.} -} - -@article{parker2017don, - title={Why don't households smooth consumption? Evidence from a {\$25} million experiment}, - author={Parker, Jonathan A}, - journal={American Economic Journal: Macroeconomics}, - volume={9}, - number={4}, - pages={153--183}, - year={2017}, - publisher={American Economic Association 2014 Broadway, Suite 305, Nashville, TN 37203-2425} -} - -@article{coenen2012effects, - title={Effects of fiscal stimulus in structural models}, - author={Coenen, G{\"u}nter and Erceg, Christopher J and Freedman, Charles and Furceri, Davide and Kumhof, Michael and Lalonde, Ren{\'e} and Laxton, Douglas and Lind{\'e}, Jesper and Mourougane, Annabelle and Muir, Dirk and others}, - journal={American Economic Journal: Macroeconomics}, - volume={4}, - number={1}, - pages={22--68}, - year={2012}, - publisher={American Economic Association} -} - -@article{bayercoronavirus, - title={The Coronavirus Stimulus Package: How Large is the Transfer Multiplier?}, - author={Bayer, Christian and Born, Benjamin and Luetticke, Ralph and M{\"u}ller, Gernot J}, - journal={The Economic Journal}, - year={2023}, - doi={https://doi.org/10.1093/ej/uead003} -} - -@article{mckay2016role, - title={The role of automatic stabilizers in the US business cycle}, - author={McKay, Alisdair and Reis, Ricardo}, - journal={Econometrica}, - volume={84}, - number={1}, - pages={141--194}, - year={2016}, - publisher={Wiley Online Library} -} - -@article{mckay2021optimal, - title={Optimal automatic stabilizers}, - author={McKay, Alisdair and Reis, Ricardo}, - journal={The Review of Economic Studies}, - volume={88}, - number={5}, - pages={2375--2406}, - year={2021}, - publisher={Oxford University Press} -} - -@techreport{hagedorn2019unemployment, - title={Unemployment Benefits and Unemployment in the Great Recession: The Role of Macro Effects}, - author={Hagedorn, Marcus and Karahan, Fatih and Manovskii, Iourii and Mitman, Kurt}, - year={2019}, - note={Working paper} -} - -@techreport{hagedorn2017impact, - title={The Impact of Unemployment Benefit Extensions on Employment: The 2014 Employment Miracle?}, - author={Hagedorn, Marcus and Manovskii, Iourii and Mitman, Kurt}, - year={2017}, - note={Working paper} -} - -@techreport{chodorow2016limited, - title={The limited macroeconomic effects of unemployment benefit extensions}, - author={Chodorow-Reich, Gabriel and Karabarbounis, Loukas}, - year={2016}, - institution={National Bureau of Economic Research} -} - -@article{kekre2022unemp, - author = {Kekre, Rohan}, - title = {Unemployment Insurance in Macroeconomic Stabilization}, - journal = {The Review of Economic Studies}, - year = {2022}, - month = {12}, - doi = {10.1093/restud/rdac080}, - url = {https://doi.org/10.1093/restud/rdac080}, - eprint = {https://academic.oup.com/restud/advance-article-pdf/doi/10.1093/restud/rdac080/49998599/rdac080.pdf}, -} - -@article{crawley2023MicroMacro, - Author = {Crawley, Edmund and Kuchler, Andreas}, - Title = {Consumption Heterogeneity: Micro Drivers and Macro Implications}, - Journal = {American Economic Journal: Macroeconomics}, - Volume = {15}, - Number = {1}, - Year = {2023}, - Month = {January}, - Pages = {314-41}, - DOI = {10.1257/mac.20200352}, - URL = {https://www.aeaweb.org/articles?id=10.1257/mac.20200352} -} - -@incollection{bclmBehavioral, - title={Behavioral household finance}, - author={Beshears, John and Choi, James J and Laibson, David and Madrian, Brigitte C}, - booktitle={Handbook of Behavioral Economics: Applications and Foundations 1}, - volume={1}, - pages={177--276}, - year={2018}, - publisher={Elsevier} -} - -@article{simon1990bounded, - title={Bounded rationality}, - author={Simon, Herbert A}, - journal={Utility and probability}, - pages={15--18}, - year={1990}, - publisher={Springer} -} - -@techreport{stango2020we, - title={We are all behavioral, more or less: A taxonomy of consumer decision making}, - author={Stango, Victor and Zinman, Jonathan}, - year={2020}, - institution={National Bureau of Economic Research} -} - -@article{LujanEGM, - title = {{EGM$^n$}: The Sequential Endogenous Grid Method}, - author = {Lujan, Alan}, - abstract = {Heterogeneous agent models with multiple decisions are often - solved using inefficient grid search methods that require many - evaluations and are slow. This paper provides a novel method for - solving such models using an extension of the Endogenous Grid - Method (EGM) that uses Gaussian Process Regression (GPR) to - interpolate functions on unstructured grids. First, I propose an - intuitive and strategic procedure for decomposing a problem into - subproblems which allows the use of efficient solution methods. - Second, using an exogenous grid of post-decision states and - solving for an endogenous grid of pre-decision states that obey a - first-order condition greatly speeds up the solution process. - Third, since the resulting endogenous grid can often be - non-rectangular at best and unstructured at worst, GPR provides - an efficient and accurate method for interpolating the value, - marginal value, and decision functions. Applied sequentially to - each decision within the problem, the method is able to solve - heterogeneous agent models with multiple decisions in a fraction - of the time and with less computational resources than are - required by standard methods currently used. Software to - reproduce these methods is available under the - \textbackslashhref\{https://econ-ark.org/\}\{\textbackslashtexttt\{Econ-ARK/HARK\}\} - project for the \textbackslashtexttt\{python\} programming - language.}, - year = 2023 -} -@book{morduchDiaries, - ISBN = {9780691172989}, - URL = {http://www.jstor.org/stable/j.ctvc77n3j}, - abstract = { What the financial diaries of working-class families reveal about economic stresses, why they happen, and what policies might reduce them Deep within the American Dream lies the belief that hard work and steady saving will ensure a comfortable retirement and a better life for one's children. But in a nation experiencing unprecedented prosperity, even for many families who seem to be doing everything right, this ideal is still out of reach. In The Financial Diaries, Jonathan Morduch and Rachel Schneider draw on the groundbreaking U.S. Financial Diaries, which follow the lives of 235 low- and middle-income families as they navigate through a year. Through the Diaries, Morduch and Schneider challenge popular assumptions about how Americans earn, spend, borrow, and save-and they identify the true causes of distress and inequality for many working Americans. We meet real people, ranging from a casino dealer to a street vendor to a tax preparer, who open up their lives and illustrate a world of financial uncertainty in which even limited financial success requires imaginative-and often costly-coping strategies. Morduch and Schneider detail what families are doing to help themselves and describe new policies and technologies that will improve stability for those who need it most. Combining hard facts with personal stories, The Financial Diaries presents an unparalleled inside look at the economic stresses of today's families and offers powerful, fresh ideas for solving them. }, - author = {Jonathan Morduch and Rachel Schneider}, - publisher = {Princeton University Press}, - title = {The Financial Diaries: How American Families Cope in a World of Uncertainty}, - urldate = {2023-03-25}, - year = {2017} -} -@article{mmwInattentionReview, -Author = {Mackowiak, Bartosz and Matjka, Filip and Wiederholt, Mirko}, -Title = {Rational Inattention: A Review}, -Journal = {Journal of Economic Literature}, -Volume = {61}, -Number = {1}, -Year = {2023}, -Month = {March}, -Pages = {226-73}, -DOI = {10.1257/jel.20211524}, -URL = {https://www.aeaweb.org/articles?id=10.1257/jel.20211524}} - -@article{carrollMacroExp, - title={Macroeconomic expectations of households and professional forecasters}, - author={Carroll, Christopher D}, - journal={the Quarterly Journal of economics}, - volume={118}, - number={1}, - pages={269--298}, - year={2003}, - publisher={MIT Press} -} - -@article{arsJumpsHumps, - abstract = {We estimate a Heterogeneous-Agent New Keynesian model with sticky household expectations that matches existing microeconomic evidence on marginal propensities to consume and macroeconomic evidence on the impulse response to a monetary policy shock. Our estimated model uncovers a central role for investment in the transmission mechanism of monetary policy, as high MPCs amplify the investment response in the data. This force also generates a procyclical response of consumption to investment shocks, leading our model to infer a central role for these shocks as a source of business cycles.}, - author = {Adrien Auclert and Matthew Rognlie and Ludwig Straub}, - note = {Revise and resubmit at American Economic Review}, - title = {Micro Jumps, Macro Humps: Monetary Policy and Business Cycles in an Estimated HANK Model}, - url = {https://scholar.harvard.edu/straub/publications/jumps-humps}, - journal = {Revise and Resubmit, American Economic Review}, - year = 2020} - - -@article{parker2017don, - title={Why don’t households smooth consumption? Evidence from a {\$25} million experiment}, - author={Parker, Jonathan A}, - journal={American Economic Journal: Macroeconomics}, - volume={9}, - number={4}, - pages={153--183}, - year={2017}, - publisher={American Economic Association 2014 Broadway, Suite 305, Nashville, TN 37203-2425} -} - -@article{coenen2012effects, - title={Effects of fiscal stimulus in structural models}, - author={Coenen, G{\"u}nter and Erceg, Christopher J and Freedman, Charles and Furceri, Davide and Kumhof, Michael and Lalonde, Ren{\'e} and Laxton, Douglas and Lind{\'e}, Jesper and Mourougane, Annabelle and Muir, Dirk and others}, - journal={American Economic Journal: Macroeconomics}, - volume={4}, - number={1}, - pages={22--68}, - year={2012}, - publisher={American Economic Association} -} - -@article{bayercoronavirus, - title={The Coronavirus Stimulus Package: How Large is the Transfer Multiplier?}, - author={Bayer, Christian and Born, Benjamin and Luetticke, Ralph and M{\"u}ller, Gernot J}, - journal={The Economic Journal}, - year={2023}, - doi={https://doi.org/10.1093/ej/uead003} -} - -@article{mckay2016role, - title={The role of automatic stabilizers in the US business cycle}, - author={McKay, Alisdair and Reis, Ricardo}, - journal={Econometrica}, - volume={84}, - number={1}, - pages={141--194}, - year={2016}, - publisher={Wiley Online Library} -} - -@article{mckay2021optimal, - title={Optimal automatic stabilizers}, - author={McKay, Alisdair and Reis, Ricardo}, - journal={The Review of Economic Studies}, - volume={88}, - number={5}, - pages={2375--2406}, - year={2021}, - publisher={Oxford University Press} -} - -@techreport{hagedorn2019unemployment, - title={Unemployment Benefits and Unemployment in the Great Recession: The Role of Macro Effects}, - author={Hagedorn, Marcus and Karahan, Fatih and Manovskii, Iourii and Mitman, Kurt}, - year={2019}, - note={Working paper} -} - -@techreport{hagedorn2017impact, - title={The Impact of Unemployment Benefit Extensions on Employment: The 2014 Employment Miracle?}, - author={Hagedorn, Marcus and Manovskii, Iourii and Mitman, Kurt}, - year={2017}, - note={Working paper} -} - -@techreport{chodorow2016limited, - title={The limited macroeconomic effects of unemployment benefit extensions}, - author={Chodorow-Reich, Gabriel and Karabarbounis, Loukas}, - year={2016}, - institution={National Bureau of Economic Research} -} - -@article{kekreunemployment, - title={Unemployment Insurance in Macroeconomic Stabilization}, - author={Kekre, Rohan}, - journal={The Review of Economic Studies} -} - - -@article{allcott2021high, - title={Are high-interest loans predatory? {T}heory and evidence from payday lending}, - author={Allcott, Hunt and Kim, Joshua J and Taubinsky, Dmitry and Zinman, Jonathan}, - year={2021}, - journal={NBER Working paper, no. 28799}, - month={May}, -} - -@article{cagetti2003wealth, - title={Wealth accumulation over the life cycle and precautionary savings}, - author={Cagetti, Marco}, - journal={Journal of Business \& Economic Statistics}, - volume={21}, - number={3}, - pages={339--353}, - year={2003}, - publisher={Taylor \& Francis} -} - -@article{carroll2020sticky, - title={Sticky Expectations and Consumption Dynamics}, - author={Carroll, Christopher D and Crawley, Edmund and Slacalek, Jiri and Tokuoka, Kiichi and White, Matthew N}, - journal={American Economic Journal: Macroeconomics}, - year={2020}, - volume={12}, - number={3}, - pages={40--76}, - doi={10.1257/mac.20180286} -} - -@article{carroll2020modeling, - title={Modeling the consumption response to the {CARES} act}, - author={Carroll, Christopher D and Crawley, Edmund and Slacalek, Jiri and White, Matthew N}, - journal={Covid Economics}, - volume={10}, - pages={62--86}, - year={2020}, - publisher={CEPR Press} -} - -@article{carroll2022theoretical, - title={Theoretical Foundations of Buffer Stock Saving}, - author={Carroll, Christopher D}, - year={2022}, - note={Working paper}, - url={https://econ-ark.github.io/BufferStockTheory/} -} - -@article{crawley2022parsimonious, - title={A Parsimonious Model of Idiosyncratic Income}, - author={Crawley, Edmund and Holm, Martin B. and Tretvoll, H{\aa}kon}, - year={2022}, - journal={Working paper}, - month={March} -} - -@article{halvorsen2022earnings, - author = {Halvorsen, Elin and Ozkan, Serdar and Salgado, Sergio}, - title = {Earnings Dynamics and Its Intergenerational Transmission: Evidence from Norway}, - type= {Working paper}, - year={2022}, - month={February}, - url={https://www.dropbox.com/s/mbcif8n9z26yw5d/HOS_QE.pdf?dl=0} -} - -@article{kaplan2014model, - title={A model of the consumption response to fiscal stimulus payments}, - author={Kaplan, Greg and Violante, Giovanni L}, - journal={Econometrica}, - volume={82}, - number={4}, - pages={1199--1239}, - year={2014}, - publisher={Wiley Online Library} -} - -@article{kravik_navigating_2019, - title = {Navigating with {NEMO}}, - volume = {5}, - url = {https://www.norges-bank.no/en/news-events/news-publications/Papers/Staff-Memo/2019/52019/}, - language = {en}, - urldate = {2019-05-24}, - journal = {Norges Bank Staff Memo}, - author = {Kravik, Erling Motzfeldt and Mimir, Yassin}, - year = {2019}, -} - -@incollection{kmpHandbook2016, - title={Macroeconomics and household heterogeneity}, - author={Krueger, Dirk and Mitman, Kurt and Perri, Fabrizio}, - booktitle={Handbook of {M}acroeconomics}, - volume={2}, - pages={843--921}, - year={2016}, - publisher={Elsevier} -} - -@article{fagereng_mpc_2021, - title = {{MPC} {Heterogeneity} and {Household} {Balance} {Sheets}}, - volume = {13}, - issn = {1945-7707}, - url = {https://www.aeaweb.org/articles?id=10.1257/mac.20190211}, - doi = {10.1257/mac.20190211}, - abstract = {We use sizable lottery prizes in Norwegian administrative panel data to explore how transitory income shocks are spent and saved over time and how households' marginal propensities to -consume (MPCs) vary with household characteristics and shock size. We find that spending peaks in the year of winning and gradually reverts to normal within five years. Controlling for all items on -households' balance sheets and characteristics such as education and income, it is the amount won, age, and liquid assets that vary systematically with MPCs. Low-liquidity winners of the smallest -prizes (around US\$1,500) are estimated to spend all within the year of winning. The corresponding estimate for high-liquidity winners of large prizes (US\$8,300–150,000) is slightly below one-half. -While conventional models will struggle to account for such high MPC levels, we show that a two-asset life cycle model with a realistic earnings profile and a luxury bequest motive can account for -both the time profile of consumption responses and their systematic covariation with observables.}, - language = {en}, - number = {4}, - urldate = {2022-02-11}, - journal = {American Economic Journal: Macroeconomics}, - author = {Fagereng, Andreas and Holm, Martin B. and Natvik, Gisle J.}, - month = oct, - year = {2021}, - keywords = {Consumer Economics: Empirical Analysis, Intertemporal Household Choice, includes inheritance and gift taxes, Life Cycle Models and Saving, Macroeconomics: Consumption, Saving, Wealth, Household Finance: Household Saving, Borrowing, Debt, and Wealth, Personal Income and Other Nonbusiness Taxes and Subsidies}, - pages = {1--54}, - file = {Snapshot:C\:\\Users\\ifr\\Zotero\\storage\\JSR3NCW9\\articles.html:text/html}, -} - -@article{aursland_state-dependent_2020, - title = {State-dependent fiscal multipliers in {NORA} - {A} {DSGE} model for fiscal policy analysis in {Norway}}, - volume = {93}, - issn = {0264-9993}, - url = {https://www.sciencedirect.com/science/article/pii/S0264999320304156}, - doi = {10.1016/j.econmod.2020.07.017}, - abstract = {We develop a novel medium-scale DSGE model, called NORA, for fiscal policy analysis in Norway. NORA contains a sheltered and exposed sector allowing us to model wage bargaining between a labor union and the exposed sector, reflecting Scandinavian wage formation institutions. Wages are subject to a downward nominal wage rigidity (DNWR). Inspired by many countries' fiscal policy responses to the Great Recession and the coronavirus pandemic, we investigate the model's ability to generate state-dependent fiscal multipliers. We find, that both the zero lower bound on nominal interest rates and DNWR individually can account for higher fiscal multipliers during recessions. In joint presence, however, the existence of DNWR reduces the multiplier at the ZLB. Moreover, the DNWR significantly relaxes the paradox of toil at the ZLB. We show that the state-dependency is robust to alternative assumptions about the origin of the recession, the nature of the fiscal stimulus and its financing source.}, - language = {en}, - urldate = {2022-02-11}, - journal = {Economic Modelling}, - author = {Aursland, Thor Andreas and Frankovic, Ivan and Kanik, Birol and Saxegaard, Magnus}, - year = {2020}, - keywords = {Downward nominal wage rigidity, Fiscal multiplier, Fiscal policy, State-dependency, Zero lower bound}, - pages = {321--353}, - file = {ScienceDirect Snapshot:C\:\\Users\\ifr\\Zotero\\storage\\4CPRIB6S\\S0264999320304156.html:text/html}, -} - -@article{oecd_net_2020, - title = {Net replacement rate in unemployment}, - journal = {OECD statistics "Social Protection and Well-being"}, - author = {OECD}, - year = {2020}, - note = {Url: https://stats.oecd.org/Index.aspx?DataSetCode=NRR}, -} - -@article{gjeldsregistret_nokkeltall_2022, - title = {Nokkeltall fra {Gjeldsregisteret}}, - journal = {Gjeldsregistret nettside}, - author = {Gjeldsregistret}, - year = {2022}, - note = {Url: https://www.gjeldsregisteret.com/pages/nokkeltall}, -} - -@article{davis_recessions_2011, - ISSN = {00072303, 15334465}, - URL = {http://www.jstor.org/stable/41473597}, - author = {Steven J. Davis and Till Von Wachter}, - journal = {Brookings Papers on Economic Activity}, - pages = {1--72}, - publisher = {Brookings Institution Press}, - title = {Recessions and the Costs of Job Loss}, - urldate = {2022-04-08}, - year = {2011} -} - -@article{skiba2008payday, - title={Payday loans, uncertainty and discounting: {E}xplaining patterns of borrowing, repayment, and default}, - author={Skiba, Paige Marta and Tobacman, Jeremy}, - journal={Vanderbilt Law and Economics Research Paper}, - volume={08}, - number={33}, - year={2008} -} - -@article{rothstein2017scraping, - title={Scraping by: Income and program participation after the loss of extended unemployment benefits}, - author={Rothstein, Jesse and Valletta, Robert G}, - journal={Journal of Policy Analysis and Management}, - volume={36}, - number={4}, - pages={880--908}, - year={2017}, - publisher={Wiley Online Library} -} - -@article{den2010computational, - title={Computational suite of models with heterogeneous agents: Incomplete markets and aggregate uncertainty}, - author={Den Haan, Wouter J and Judd, Kenneth L and Juillard, Michel}, - journal={Journal of Economic Dynamics and Control}, - volume={34}, - number={1}, - pages={1--3}, - year={2010}, - publisher={Elsevier} -} - -@techreport{kaplanMPC2022, - title = "The Marginal Propensity to Consume in Heterogeneous Agent Models", - author = "Kaplan, Greg and Violante, Giovanni L", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "30013", - year = "2022", - month = "May", - doi = {10.3386/w30013}, - URL = "http://www.nber.org/papers/w30013", - abstract = {What model features and calibration strategies yield a large average marginal propensity to consume (MPC) in heterogeneous agent models? Through a systematic investigation of models with different preferences, dimensions of ex-ante heterogeneity, income processes and asset structure, we show that the most important factor is the share and type of hand-to-mouth households. One-asset models either feature a trade-off between a high average MPC and a realistic level of aggregate wealth, or generate an excessively polarized wealth distribution that vastly understates the wealth held by households in the middle of the distribution. Two-asset models that include both liquid and illiquid assets can resolve this tension with a large enough gap between liquid and illiquid returns. We discuss how such return differential can be justified from the perspective of theory and data.}, -} - -@article{ganongConsumer2019, - Author = {Ganong, Peter and Noel, Pascal}, - Title = {Consumer Spending during Unemployment: Positive and Normative Implications}, - Journal = {American Economic Review}, - Volume = {109}, - Number = {7}, - Year = {2019}, - Month = {July}, - Pages = {2383-2424}, - DOI = {10.1257/aer.20170537}, - URL = {https://www.aeaweb.org/articles?id=10.1257/aer.20170537}} - -@techreport{hagedorn2019fiscal, - title={The fiscal multiplier}, - author={Hagedorn, Marcus and Manovskii, Iourii and Mitman, Kurt}, - year={2019}, - type= {Working paper}, - institution={National Bureau of Economic Research} -} - -@article{christiano2011government, - title={When is the government spending multiplier large?}, - author={Christiano, Lawrence and Eichenbaum, Martin and Rebelo, Sergio}, - journal={Journal of Political Economy}, - volume={119}, - number={1}, - pages={78--121}, - year={2011}, - publisher={University of Chicago Press Chicago, IL} -} - -@article{eggertsson2011fiscal, - title={What fiscal policy is effective at zero interest rates?}, - author={Eggertsson, Gauti B}, - journal={NBER Macroeconomics Annual}, - volume={25}, - number={1}, - pages={59--112}, - year={2011}, - publisher={University of Chicago Press Chicago, IL} -} - -@article{ramey2018government, - title={Government spending multipliers in good times and in bad: evidence from US historical data}, - author={Ramey, Valerie A and Zubairy, Sarah}, - journal={Journal of political economy}, - volume={126}, - number={2}, - pages={850--901}, - year={2018}, - publisher={University of Chicago Press Chicago, IL} -} - -@techreport{bhandari2021efficiency, - title={Efficiency, Insurance, and Redistribution Effects of Government Policies}, - author={Bhandari, Anmol and Evans, David and Golosov, Mikhail and Sargent, Thomas}, - year={2021}, - journal= {Working paper}, -} - -@article{davila2022welfare, - title={Welfare Assessments with Heterogeneous Individuals}, - author={D{\'a}vila, Eduardo and Schaab, Andreas}, - journal={Available at SSRN 4102027}, - year={2022}, - type= {Working paper}, -} - -@article{parker2013consumer, - title={Consumer spending and the economic stimulus payments of 2008}, - author={Parker, Jonathan A and Souleles, Nicholas S and Johnson, David S and McClelland, Robert}, - journal={American Economic Review}, - volume={103}, - number={6}, - pages={2530--53}, - year={2013} -} - -@article{broda2014economic, - title={The economic stimulus payments of 2008 and the aggregate demand for consumption}, - author={Broda, Christian and Parker, Jonathan A}, - journal={Journal of Monetary Economics}, - volume={68}, - pages={S20--S36}, - year={2014}, - publisher={Elsevier} -} - -@techreport{kekre2022unemployment, - title={Unemployment insurance in macroeconomic stabilization}, - author={Kekre, Rohan}, - year={2022}, - institution={National Bureau of Economic Research}, - type= {Working paper}, -} - -@techreport{auclert2018IKC, - title = "The Intertemporal Keynesian Cross", - author = "Auclert, Adrien and Rognlie, Matthew and Straub, Ludwig", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "25020", - year = "2018", - month = "September", - doi = {10.3386/w25020}, - URL = "http://www.nber.org/papers/w25020", -} - -@techreport{ganong2022spending, - title = "Spending and Job-Finding Impacts of Expanded Unemployment Benefits: Evidence from Administrative Micro Data", - author = "Ganong, Peter and Greig, Fiona E and Noel, Pascal J and Sullivan, Daniel M and Vavra, Joseph S", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "30315", - year = "2022", - month = "August", - doi = {10.3386/w30315}, - URL = "http://www.nber.org/papers/w30315", -} - -@book{Lucas1987models, - title = "Models of Business Cycles", - author = "Lucas, Robert", - year = 1987, - publisher = "Oxford: Blackwell" -} - -@article{olafsson2018liquid, - title={The liquid hand-to-mouth: Evidence from personal finance management software}, - author={Olafsson, Arna and Pagel, Michaela}, - journal={The Review of Financial Studies}, - volume={31}, - number={11}, - pages={4398--4446}, - year={2018}, - publisher={Oxford University Press} -} - -@article{crawleyMicroMacro, - title={Consumption Heterogeneity: Micro Drivers and Macro Implications}, - author={Crawley, Edmund and Kuchler, Andreas}, - journal={American Economic Journal: Macroeconomics}, - year={Forthcoming} -} - -@techreport{laibson2022simple, - title={A Simple Mapping from MPCs to MPXs}, - author={Laibson, David and Maxted, Peter and Moll, Benjamin}, - year={2022}, - institution={National Bureau of Economic Research} -} - -@article{allcott2021high, - title={Are high-interest loans predatory? {T}heory and evidence from payday lending}, - author={Allcott, Hunt and Kim, Joshua J and Taubinsky, Dmitry and Zinman, Jonathan}, - year={2021}, - note={NBER Working paper, no. 28799}, - month={May}, -} - -@article{cagetti2003wealth, - title={Wealth accumulation over the life cycle and precautionary savings}, - author={Cagetti, Marco}, - journal={Journal of Business \& Economic Statistics}, - volume={21}, - number={3}, - pages={339--353}, - year={2003}, - publisher={Taylor \& Francis} -} - -@article{carroll2020sticky, - title={Sticky Expectations and Consumption Dynamics}, - author={Carroll, Christopher D and Crawley, Edmund and Slacalek, Jiri and Tokuoka, Kiichi and White, Matthew N}, - journal={American Economic Journal: Macroeconomics}, - year={2020}, - volume={12}, - number={3}, - pages={40--76}, - doi={10.1257/mac.20180286} -} - -@article{carroll2020modeling, - title={Modeling the consumption response to the {CARES} act}, - author={Carroll, Christopher D and Crawley, Edmund and Slacalek, Jiri and White, Matthew N}, - journal={Covid Economics}, - volume={10}, - pages={62--86}, - year={2020}, - publisher={CEPR Press} -} - -@article{crawley2022parsimonious, - title={A Parsimonious Model of Idiosyncratic Income}, - author={Crawley, Edmund and Holm, Martin B. and Tretvoll, H{\aa}kon}, - year={2022}, - note={Working paper}, - month={March} -} - -@article{halvorsen2022earnings, - author = {Halvorsen, Elin and Ozkan, Serdar and Salgado, Sergio}, - title = {Earnings Dynamics and Its Intergenerational Transmission: Evidence from Norway}, - type= {Working paper}, - year={2022}, - month={February}, - url={https://www.dropbox.com/s/mbcif8n9z26yw5d/HOS_QE.pdf?dl=0} -} - -@article{kaplan2014model, - title={A model of the consumption response to fiscal stimulus payments}, - author={Kaplan, Greg and Violante, Giovanni L}, - journal={Econometrica}, - volume={82}, - number={4}, - pages={1199--1239}, - year={2014}, - publisher={Wiley Online Library} -} - -@article{kravik_navigating_2019, - title = {Navigating with {NEMO}}, - volume = {5}, - url = {https://www.norges-bank.no/en/news-events/news-publications/Papers/Staff-Memo/2019/52019/}, - language = {en}, - urldate = {2019-05-24}, - journal = {Norges Bank Staff Memo}, - author = {Kravik, Erling Motzfeldt and Mimir, Yassin}, - year = {2019}, -} - -@incollection{kmpHandbook2016, - title={Macroeconomics and household heterogeneity}, - author={Krueger, Dirk and Mitman, Kurt and Perri, Fabrizio}, - booktitle={Handbook of {M}acroeconomics}, - volume={2}, - pages={843--921}, - year={2016}, - publisher={Elsevier} -} - -@article{fagereng_mpc_2021, - title = {{MPC} {Heterogeneity} and {Household} {Balance} {Sheets}}, - volume = {13}, - issn = {1945-7707}, - url = {https://www.aeaweb.org/articles?id=10.1257/mac.20190211}, - doi = {10.1257/mac.20190211}, - abstract = {We use sizable lottery prizes in Norwegian administrative panel data to explore how transitory income shocks are spent and saved over time and how households' marginal propensities to -consume (MPCs) vary with household characteristics and shock size. We find that spending peaks in the year of winning and gradually reverts to normal within five years. Controlling for all items on -households' balance sheets and characteristics such as education and income, it is the amount won, age, and liquid assets that vary systematically with MPCs. Low-liquidity winners of the smallest -prizes (around US\$1,500) are estimated to spend all within the year of winning. The corresponding estimate for high-liquidity winners of large prizes (US\$8,300–150,000) is slightly below one-half. -While conventional models will struggle to account for such high MPC levels, we show that a two-asset life cycle model with a realistic earnings profile and a luxury bequest motive can account for -both the time profile of consumption responses and their systematic covariation with observables.}, - language = {en}, - number = {4}, - urldate = {2022-02-11}, - journal = {American Economic Journal: Macroeconomics}, - author = {Fagereng, Andreas and Holm, Martin B. and Natvik, Gisle J.}, - month = oct, - year = {2021}, - keywords = {Consumer Economics: Empirical Analysis, Intertemporal Household Choice, includes inheritance and gift taxes, Life Cycle Models and Saving, Macroeconomics: Consumption, Saving, Wealth, Household Finance: Household Saving, Borrowing, Debt, and Wealth, Personal Income and Other Nonbusiness Taxes and Subsidies}, - pages = {1--54}, - file = {Snapshot:C\:\\Users\\ifr\\Zotero\\storage\\JSR3NCW9\\articles.html:text/html}, -} - -@article{aursland_state-dependent_2020, - title = {State-dependent fiscal multipliers in {NORA} - {A} {DSGE} model for fiscal policy analysis in {Norway}}, - volume = {93}, - issn = {0264-9993}, - url = {https://www.sciencedirect.com/science/article/pii/S0264999320304156}, - doi = {10.1016/j.econmod.2020.07.017}, - abstract = {We develop a novel medium-scale DSGE model, called NORA, for fiscal policy analysis in Norway. NORA contains a sheltered and exposed sector allowing us to model wage bargaining between a labor union and the exposed sector, reflecting Scandinavian wage formation institutions. Wages are subject to a downward nominal wage rigidity (DNWR). Inspired by many countries' fiscal policy responses to the Great Recession and the coronavirus pandemic, we investigate the model's ability to generate state-dependent fiscal multipliers. We find, that both the zero lower bound on nominal interest rates and DNWR individually can account for higher fiscal multipliers during recessions. In joint presence, however, the existence of DNWR reduces the multiplier at the ZLB. Moreover, the DNWR significantly relaxes the paradox of toil at the ZLB. We show that the state-dependency is robust to alternative assumptions about the origin of the recession, the nature of the fiscal stimulus and its financing source.}, - language = {en}, - urldate = {2022-02-11}, - journal = {Economic Modelling}, - author = {Aursland, Thor Andreas and Frankovic, Ivan and Kanik, Birol and Saxegaard, Magnus}, - year = {2020}, - keywords = {Downward nominal wage rigidity, Fiscal multiplier, Fiscal policy, State-dependency, Zero lower bound}, - pages = {321--353}, - file = {ScienceDirect Snapshot:C\:\\Users\\ifr\\Zotero\\storage\\4CPRIB6S\\S0264999320304156.html:text/html}, -} - -@article{oecd_net_2020, - title = {Net replacement rate in unemployment}, - journal = {OECD statistics "Social Protection and Well-being"}, - author = {OECD}, - year = {2020}, - note = {Url: https://stats.oecd.org/Index.aspx?DataSetCode=NRR}, -} - -@article{gjeldsregistret_nokkeltall_2022, - title = {Nøkkeltall fra {Gjeldsregisteret}}, - journal = {Gjeldsregistret nettside}, - author = {Gjeldsregistret}, - year = {2022}, - note = {Url: https://www.gjeldsregisteret.com/pages/nokkeltall}, -} - -@article{davis_recessions_2011, - ISSN = {00072303, 15334465}, - URL = {http://www.jstor.org/stable/41473597}, - author = {Steven J. Davis and Till Von Wachter}, - journal = {Brookings Papers on Economic Activity}, - pages = {1--72}, - publisher = {Brookings Institution Press}, - title = {Recessions and the Costs of Job Loss}, - urldate = {2022-04-08}, - year = {2011} -} - -@article{skiba2008payday, - title={Payday loans, uncertainty and discounting: {E}xplaining patterns of borrowing, repayment, and default}, - author={Skiba, Paige Marta and Tobacman, Jeremy}, - journal={Vanderbilt Law and Economics Research Paper}, - number={08-33}, - year={2008} -} - -@article{blanchard2017rethinking, - title={Rethinking stabilization policy: Back to the future}, - author={Blanchard, Olivier and Summers, Lawrence}, - journal={Peterson Institute for International Economics}, - volume={8}, - year={2017} -} - -@incollection{EpiExp, - title = {Epidemiological Expectations}, - author = {Carroll, Christopher D. and Tao Wang}, - booktitle = {Handbook of Economic Expectations}, - volume = {1}, - year = {2022}, - month= {November}, - doi = {10.1016/B978-0-12-822927-9.00034-3}, - url = {https://econ-ark.github.io/EpiExp}, - publisher = {Elsevier}, - note = {\href{https://econ-ark.github.io/EpiExp}{econ-ark.github.io/EpiExp}}} -} - -@article{carrollHowHas, - title = {How has the US coronavirus aid package affected household spending?}, - author = {Carroll, Christopher D and Crawley, Edmund and Slacalek, Jiri and White, Matthew N and others}, - journal = {Research Bulletin}, - volume = 75, - year = 2020, - publisher = {European Central Bank} -} - -@article{Adams2010, - abstract = {This paper examines the long-term impact and short-term dynamics of macroeconomic variables on international housing prices. Since adequate housing market data are generally not available and usually of low frequency we apply a panel cointegration analysis consisting of 15 countries over a period of 30 years. Pooling the observations allows us to overcome the data restrictions which researchers face when testing long-term relationships among single real estate time series. This study does not only confirm results from previous studies, but also allows for a comparison of single country estimations in an integrated equilibrium framework. The empirical results indicate house prices to increase in the long-run by 0.6{\%} in response to a 1{\%} increase in economic activity while construction costs and the long-term interest rate show average long-term effects of approximately 0.6{\%} and -0.3{\%}, respectively. Contrary to current literature our estimates suggest only about 16{\%} adjustment per year. Thus the time to full recovery may be much slower than previously stated, so that deviations from the long-term equilibrium result in a dynamic adjustment process that may take up to 14 years. {\textcopyright} 2009 Elsevier Inc. All rights reserved.}, - author = {Adams, Zeno and F{\"{u}}ss, Roland}, - doi = {10.1016/j.jhe.2009.10.005}, - issn = 10511377, - journal = {Journal of Housing Economics}, - keywords = {Dynamic OLS,Dynamic adjustment process,Housing market,Macroeconomy,Panel cointegration}, - number = 1, - pages = {38--50}, - title = {{Macroeconomic determinants of international housing markets}}, - url = {https://www.sciencedirect.com/science/article/pii/S1051137709000552?casa{\_}token=QSomp9jEkr0AAAAA:uewOJfRU8T5gwwxkLcafaPM6wgi8QbfqU{\_}dIpO-0cwANm4JgENa1DLNB3lASVlRwwrF9ntNz}, - volume = 19, - year = 2010 -} - -@article{AdelinoEtAl2016, - abstract = {This paper highlights the importance of middle-class and high-FICO borrowers for the mortgage crisis. Contrary to popular belief, which focuses on subprime and poor borrowers, we show that mortgage originations increased for borrowers across all income levels and FICO scores. The relation between mortgage growth and income growth at the individual level remained positive throughout the pre-2007 period. Finally, middle-income, highincome, and prime borrowers all sharply increased their share of delinquencies in the crisis. These results are consistent withademand-side view, where homebuyers and lenders bought into increasing house values and borrowers defaulted after prices dropped.}, - author = {Adelino, Manuel and Schoar, Antoinette and Severino, Felipe}, - doi = {10.1093/rfs/hhw018}, - issn = 14657368, - journal = {Review of Financial Studies}, - month = {jul}, - number = 7, - pages = {1635--1670}, - title = {{Loan originations and defaults in the mortgage crisis: The role of the middle class}}, - url = {https://academic.oup.com/rfs/article-lookup/doi/10.1093/rfs/hhw018}, - volume = 29, - year = 2016 -} - -@article{AlexopoulosCohen2015, - abstract = {There has been, in recent years, a renewed interest in and a growing recognition of the role played by uncertainty shocks in driving fluctuations in the economy and in asset markets. We create new text-based indicators of both general economic and policy specific uncertainty from New York Times and use them first, to chart changes in the level of uncertainty in the US for the period 1985-2007, second, to determine the role of policy in these swings, and, third to assess their impact on the economy, equity markets, and business cycles. Overall, our results indicate that uncertainty shocks - both general and policy related - depress the level of economic activity, significantly increase stock market volatility, and decrease market returns.}, - author = {Alexopoulos, Michelle and Cohen, Jon}, - doi = {10.1016/j.iref.2015.02.002}, - issn = 10590560, - journal = {International Review of Economics and Finance}, - keywords = {Business cycles,Economic uncertainty,Measurement,Policy uncertainty}, - month = {nov}, - pages = {8--28}, - title = {{The power of print: Uncertainty shocks, markets, and the economy}}, - url = {https://www.sciencedirect.com/science/article/pii/S1059056015000246 https://linkinghub.elsevier.com/retrieve/pii/S1059056015000246}, - volume = 40, - year = 2015 -} - -@misc{Ameriks2005, - abstract = {Using pooled cross-sectional data from the Surveys of Consumer Finances, and new panel data from TIAA-CREF, we examine the empirical relationship between age and portfolio choice, focusing on the observed relationship between age and the fraction of wealth held in the stock market. We illustrate and discuss the importance of the well-known identification problem that prevents unrestricted estimation of age, time and cohort effects in longitudinal data. We also document three important features of household portfolio behavior: significant non-stockownership, wide-ranging heterogeneity in allocation choices, and the infrequency of active portfolio allocation changes (almost half of the sample members made no active changes to their portfolio allocations over our nine-year sample period). When estimating portfolio share equations, we consider three separate exclusion restrictions: excluding time effects, cohort effects, and finally age effects. We find no evidence supporting a gradual reduction in portfolio shares with age. There is some tendency for older individuals to shift completely out of the stock market around the time of annuitizations and withdrawals.}, - author = {Ameriks, John and Zeldes, Stephen P.}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Ameriks, Zeldes/How do household portfolio shares vary with age.pdf:pdf}, - keywords = {How Do Household Portfolio Shares Vary with Age?,John Ameriks,SSRN,Stephen P. Zeldes}, - month = {sep}, - title = {{How do household portfolio shares vary with age?}}, - url = {http://www.q-group.org/archives{\_}folder/pdf/Slides-Ameriks.pdf}, - year = 2005 -} - -@article{GulerEtAl2015, - abstract = {This paper studies the joint transitional dynamics of the foreclosures and house prices in a standard life-cycle incomplete markets model with housing and a realistic long-term mortgage structure. We calibrate our model to match several long-term features of the U.S. housing market, and analyze the effects of several unexpected and permanent shocks on the house price and the foreclosure rate both across the steady states and along the transition between the steady states. We examine permanent, unexpected shocks to the risk-free interest rate, the minimum down-payment ratio, and unemployment. During the transition, these shocks create large movements in house prices. More importantly, the foreclosure dynamics are quite significant along the transition compared to the steady-state changes, and there are strong feedbacks between foreclosures and house prices. We assess the effects of a temporary reduction in the risk-free interest rate, which has moderate effects on house prices but little effect on foreclosure dynamics. We also study the effects of an ex ante macroprudential policy, which establishes a minimum down-payment requirement at a higher threshold. Such a macroprudential policy helps substantially stabilize both house prices and foreclosures.}, - author = {Arslan, Yavuz and Guler, Bulent and Taskin, Temel}, - doi = {10.1111/jmcb.12196}, - issn = 15384616, - journal = {Journal of Money, Credit and Banking}, - keywords = {Home equity,House price,Housing,Interest rate,Mortgage contract,Mortgage default}, - month = {mar}, - number = {S1}, - pages = {133--169}, - title = {{Joint dynamics of house prices and foreclosures}}, - url = {http://doi.wiley.com/10.1111/jmcb.12196 https://onlinelibrary.wiley.com/doi/10.1111/jmcb.12196}, - volume = 47, - year = 2015 -} - -@article{athreya2017a, - author = {Athreya, Kartik and Ionescu, Felicia and Neelakantan, Urvi}, - doi = {10.2139/ssrn.2671012}, - issn = {1556-5068}, - journal = {SSRN Electronic Journal}, - pages = {1--57}, - title = {{Stock Market Investment: The Role of Human Capital}}, - url = {http://www.ssrn.com/abstract=2671012}, - volume = 15, - year = 2015 -} - -@article{Barksdale1982, - abstract = {This paper explains how the product life cycle and Boston Consulting Group's portfolio matrix can be combined to provide a more comprehensive framework for strategic analysis. The integrated model is more powerful than either concept taken separately because it provides an exhaustive system for classifying a diverse assortment of business units or product/market categories. {\textcopyright} 1982.}, - author = {Barksdale, Hiram C. and Harris, Clyde E.}, - doi = {10.1016/0024-6301(82)90010-3}, - issn = 00246301, - journal = {Long Range Planning}, - number = 6, - pages = {74--83}, - title = {{Portfolio analysis and the product life cycle}}, - url = {https://www.sciencedirect.com/science/article/pii/0024630182900103}, - volume = 15, - year = 1982 -} - -@article{Benhabib2015, - abstract = {We study the wealth distribution in Bewley economies with idiosyncratic capital income risk. We show analytically that under rather general conditions on the stochastic structure of the economy, a unique ergodic distribution of wealth displays a fat tail.}, - author = {Benhabib, Jess and Bisin, Alberto and Zhu, Shenghao}, - doi = {10.1016/j.jet.2015.07.013}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Benhabib, Bisin, Zhu/The wealth distribution in Bewley economies with capital income risk.pdf:pdf}, - issn = 10957235, - journal = {Journal of Economic Theory}, - keywords = {Bewley economies,Capital income risk,Fat tails,Pareto distribution,Wealth distribution}, - month = {sep}, - pages = {489--515}, - publisher = {Academic Press Inc.}, - title = {{The wealth distribution in Bewley economies with capital income risk}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S0022053115001362}, - volume = 159, - year = 2015 -} - -@article{Benzoni2007, - abstract = {We study portfolio choice when labor income and dividends are cointegrated. Economically plausible calibrations suggest young investors should take substantial short positions in the stock market. Because of cointegration the young agent's human capital effectively becomes "stock-like." However, for older agents with shorter times-to-retirement, cointegration does not have sufficient time to act, and thus their human capital becomes more "bond-like." Together, these effects create hump-shaped life-cycle portfolio holdings, consistent with empirical observation. These results hold even when asset return predictability is accounted for. {\textcopyright} 2007 by The American Finance Association.}, - author = {Benzoni, Luca and Collin-Dufresne, Pierre and Goldstein, Robert S.}, - doi = {10.1111/j.1540-6261.2007.01271.x}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Benzoni, Collin-Dufresne, Goldstein/Portfolio choice over the life-cycle when the stock and labor markets are cointegrated.pdf:pdf}, - issn = 00221082, - journal = {Journal of Finance}, - month = {oct}, - number = 5, - pages = {2123--2167}, - title = {{Portfolio choice over the life-cycle when the stock and labor markets are cointegrated}}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1540-6261.2007.01271.x?casa{\_}token=BI6n3dVWkuEAAAAA:5Y2I5dk1GKUXATMEpT2wyo6jDCPKftp14vjB-hzk8VsHQ5nWEQ90L6BLEHkFu38EMWmiNfFd3siAVpjP https://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.2007.01271.x http}, - volume = 62, - year = 2007 -} - -@article{bglvHousingWealthEffect2018, - abstract = {Recent empirical work shows large consumption responses to house price movements. This is at odds with a prominent theoretical view which, using the logic of the permanent income hypothesis, argues that consumption responses should be small. We show that, in contrast to this view, workhorse models of consumption with incomplete markets calibrated to rich cross-sectional micro facts actually predict large consumption responses, in line with the data. To explain this result, we show that consumption responses to permanent house price shocks can be approximated by a simple and robust rule-of-thumb formula: the marginal propensity to consume out of temporary income times the value of housing. In our model, consumption responses depend on a number of factors such as the level and distribution of debt, the size and history of house price shocks, and the level of credit supply. Each of these effects is naturally explained with our simple formula.}, - author = {Berger, David and Guerrieri, Veronica and Lorenzoni, Guido and Vavra, Joseph}, - doi = {10.1093/restud/rdx060}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Berger et al/House Prices and Consumer Spending.pdf:pdf}, - issn = {1467937X}, - journal = {Review of Economic Studies}, - keywords = {Consumption,Debt,House prices,Leverage,MPC,State-dependence}, - month = {jul}, - number = 3, - pages = {1502--1542}, - title = {{House prices and consumer spending}}, - url = {https://academic.oup.com/restud/article/85/3/1502/4371413 https://academic.oup.com/restud/article-abstract/85/3/1502/4371413}, - volume = 85, - year = 2018 -} - -@article{berkovec1992general, - abstract = {We describe a model in which rental and owner housing are risky assets, tenure choice is endogenous, and each household is constrained to consume the same amount of owner housing that it has in its investment portfolio. At each iteration in the search for an equilibrium, we determine the new taxable income for each of 3,578 households (from the Survey of Consumer Finances), and we use statutory schedules to find the marginal rate and tax paid. Equilibrium net rates of return are major determinants of the amount of owner housing, but a logit model indicates that demographic factors are the main determinants of ownership rates. In our simulation, taxes on owner housing would raise welfare not only by reallocating capital but also by the government's taking part of the risk from individual properties and diversifying it away. Measures to disallow property tax or mortgage interest deductions do not help share this risk. Simulations of the 1986 tax reform indicate a small shift from rental to owner housing and welfare gains from reallocating risk. CR - Copyright {\&}{\#}169; 1992 The University of Chicago Press}, - author = {Berkovec, James and Fullerton, Don}, - doi = {10.1086/261822}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Berkovec, Fullerton/A General Equilibrium Model of Housing, Taxes, and Portfolio Choice.pdf:pdf}, - issn = {0022-3808}, - journal = {Journal of Political Economy}, - month = {apr}, - number = 2, - pages = {390--429}, - publisher = {The University of Chicago Press}, - title = {{A General Equilibrium Model of Housing, Taxes, and Portfolio Choice}}, - url = {https://www-journals-uchicago-edu.proxy.lib.ohio-state.edu/doi/abs/10.1086/261822 https://www.journals.uchicago.edu/doi/10.1086/261822}, - volume = 100, - year = 1992 -} - -@ARTICLE{bmsLabor, - title = "{Labor supply flexibility and portfolio choice in a life cycle - model}", - author = "Bodie, Zvi and Merton, Robert C and Samuelson, William F", - abstract = "This paper examines the effect of the labor-leisure choice on - portfolio and consumption decisions over an individual's life - cycle. The model incorporates the fact that individuals may have - considerable flexibility in varying their work effort (including - their choice of when to retire). Given this flexibility, the - individual simultaneously determines optimal levels of current - consumption, labor effort, and an optimal financial investment - strategy at each point in his life cycle. We show that labor and - investment choices are intimately related. The ability to vary - labor supply ex post induces the individual to assume greater - risks in his investment portfolio ex ante.", - journal = "Journal of economic dynamics \& control", - publisher = "Elsevier", - volume = 16, - number = 3, - pages = "427--449", - month = jul, - year = 1992, - url = "https://scholar.google.com/scholar?cluster=5939216431716541742", - file = "All Papers/Other/bodie-et-al-labor supply flexibility portfolio choice in a life cycle model.pdf", - keywords = "bmsLabor;paperpile-ccarroll", - issn = "0165-1889", - doi = "10.1016/0165-1889(92)90044-F" -} - -@article{Bodie1992, - abstract = {This paper examines the effect of the labor-leisure choice on portfolio and consumption decisions over an individual's life cycle. The model incorporates the fact that individuals may have considerable flexibility in varying their work effort (including their choice of when to retire). Given this flexibility, the individual simultaneously determines optimal levels of current consumption, labor effort, and an optimal financial investment strategy at each point in his life cycle. We show that labor and investment choices are intimately related. The ability to vary labor supply ex post induces the individual to assume greater risks in his investment portfolio ex ante. {\textcopyright} 1992.}, - author = {Bodie, Zvi and Merton, Robert C. and Samuelson, William F.}, - doi = {10.1016/0165-1889(92)90044-F}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Bodie, Merton, Samuelson/Labor supply flexibility and portfolio choice in a life cycle model.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/Bodie, Merton, Samuelson/Labor supply flexibility and portfolio choice in a life cycle model(2).pdf:pdf}, - issn = 01651889, - journal = {Journal of Economic Dynamics and Control}, - month = {jul}, - number = {3-4}, - pages = {427--449}, - title = {{Labor supply flexibility and portfolio choice in a life cycle model}}, - url = {https://www.sciencedirect.com/science/article/pii/016518899290044F https://linkinghub.elsevier.com/retrieve/pii/016518899290044F}, - volume = 16, - year = 1992 -} - -@article{BordaloEtAl2017a, - abstract = {We present a model of credit cycles arising from diagnostic expectations—a belief formation mechanism based on Kahneman and Tversky's representativeness heuristic. Diagnostic expectations overweight future outcomes that become more likely in light of incoming data. The expectations formation rule is forward looking and depends on the underlying stochastic process, and thus is immune to the Lucas critique. Diagnostic expectations reconcile extrapolation and neglect of risk in a unified framework. In our model, credit spreads are excessively volatile, overreact to news, and are subject to predictable reversals. These dynamics can account for several features of credit cycles and macroeconomic volatility.}, - author = {Bordalo, Pedro and Gennaioli, Nicola and Shleifer, Andrei}, - doi = {10.1111/jofi.12586}, - issn = 15406261, - journal = {Journal of Finance}, - month = {feb}, - number = 1, - pages = {199--227}, - title = {{Diagnostic Expectations and Credit Cycles}}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/jofi.12586 http://doi.wiley.com/10.1111/jofi.12586 https://onlinelibrary.wiley.com/doi/10.1111/jofi.12586}, - volume = 73, - year = 2018 -} - -@article{Brandsaas2021, - abstract = {This paper argues that a large part of the stock market participation puzzle is driven by high stock market exit rates among participants: In the US, 20{\%} of households who have stock hold no stocks two years later. Using survey data I show that stock market exit frequently coincides with renting households becoming first-time owners. After estimating a life-cycle model of portfolio choice with housing and per-period participation costs, I show that it quantitatively matches the US participation rate, homeownership rate, and entry/exit in stock markets over the entire life-cycle. The introduction of housing increases the exit rate among young new homeowners and reduces the participation rate among middle-aged and retired households by decreasing liquid wealth. Housing reduces the unexplained participation gap between the model and the data by 71{\%}, compared to a model without housing.}, - author = {Brandsaas, Eirik}, - doi = {10.2139/ssrn.3256502}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Brandsaas/Household Stock Market Participation The Role of Homeownership.pdf:pdf}, - issn = {1556-5068}, - journal = {SSRN Electronic Journal}, - title = {{Household Stock Market Participation: The Role of Homeownership}}, - url = {http://papers.eebrandsaas.com/StockParticipationWithHousing.pdf https://www.ssrn.com/abstract=3256502}, - year = 2018 -} - -@article{Brandt2010, - abstract = {This chapter focuses on the econometric treatment of portfolio choice problems. The goal is to describe, discuss, and illustrate through examples the different econometric approaches proposed in the literature for relating the theoretical formulation and solution of a portfolio choice problem to the data. In focusing on the econometrics of the portfolio choice problem, this chapter is at best a cursory overview of the broad portfolio choice literature. Much of the discussion is focused on the single-period portfolio choice problem with standard preferences, normally distributed returns, and frictionless markets. There are many recent advances in the portfolio choice literature. The econometric techniques discussed in this chapter can be applied to realistic formulations. It also discusses a number of modeling issues and extensions that arise in formulating the problem. {\textcopyright} 2010 Elsevier Inc. All rights reserved.}, - author = {Brandt, Michael W.}, - doi = {10.1016/B978-0-444-50897-3.50008-0}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Brandt/Portfolio Choice Problems.pdf:pdf}, - isbn = 9780444508973, - journal = {Handbook of Financial Econometrics, Vol 1}, - pages = {269--336}, - title = {{Portfolio Choice Problems}}, - url = {https://www.sciencedirect.com/science/article/pii/B9780444508973500080}, - year = 2010 -} - -@article{briggs2020a, - abstract = {We exploit the randomized assignment of lottery prizes in a large administrative Swedish data set to estimate the causal effect of wealth on stock market participation. A {\$}150,000 windfall gain increases the stock market participation probability by 12 percentage points among prelottery nonparticipants but has no discernible effect on prelottery stock owners. A structural life cycle model significantly overpredicts entry rates even for very high entry costs (up to {\$}31,000). Additional analyses implicate pessimistic beliefs regarding equity returns as a major source of this overprediction and suggest that both recent and early-life return realizations affect beliefs.}, - author = {Briggs, Joseph and Cesarini, David and Lindqvist, Erik and {\"{O}}stling, Robert}, - doi = {10.1016/j.jfineco.2020.07.014}, - issn = {0304405X}, - journal = {Journal of Financial Economics}, - keywords = {Household saving and personal finance,Intertemporal consumer choice,Portfolio choice and investment decisions}, - month = {jan}, - number = 1, - pages = {57--83}, - title = {{Windfall gains and stock market participation}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S0304405X20302245}, - volume = 139, - year = 2021 -} - -@article{Brueckner1997, - abstract = {This article investigates the portfolio choices of homeowners, taking into account the investment constraint introduced by Henderson and Ioannides (1983). This constraint requires housing investment by homeowners to be at least as large as housing consumption. It is shown that when the constraint is binding, the homeowner's optimal portfolio is ineffcient in a mean-variance sense. Thus, portfolio inefficiency is not an indication that consumers are irrational or careless in their financial decisions. Instead, inefficiency can be seen as the result of a rational balancing of the consumption benefits and portfolio distortion associated with housing investment.}, - author = {Brueckner, Jan K.}, - doi = {10.1023/A:1007777532293}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Brueckner/Consumption and Investment Motives and the Portfolio Choices of Homeowners.pdf:pdf}, - issn = 08955638, - journal = {Journal of Real Estate Finance and Economics}, - keywords = {Homeownership,Mean-variance inefficient,Overinvestment,Portfolio}, - number = 2, - pages = {159--180}, - publisher = {Springer}, - title = {{Consumption and Investment Motives and the Portfolio Choices of Homeowners}}, - url = {https://link-springer-com.proxy.lib.ohio-state.edu/article/10.1023/A:1007777532293}, - volume = 15, - year = 1997 -} - -@article{Brunnermeier2008, - abstract = {We use data from the Panel Study of Income Dynamics to investigate how households' portfolio allocations change in response to wealth fluctuations. Persistent habits, consumption commitments, and subsistence levels can generate time-varying risk aversion with the consequence that when the level of liquid wealth changes, the proportion a household invests in risky assets should also change in the same direction. In contrast, our analysis shows that the share of liquid assets that households invest in risky assets is not affected by wealth changes. Instead, one of the major drivers of household portfolio allocation seems to be inertia: households rebalance only very slowly following inflows and outflows or capital gains and losses.}, - author = {Brunnermeier, Markus K. and Nagel, Stefan}, - doi = {10.1257/aer.98.3.713}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Brunnermeier, Nagel/Do wealth fluctuations generate time-varying risk aversion Micro-evidence on individuals' asset allocation.pdf:pdf}, - issn = 00028282, - journal = {American Economic Review}, - month = {may}, - number = 3, - pages = {713--736}, - title = {{Do wealth fluctuations generate time-varying risk aversion? Micro-evidence on individuals' asset allocation}}, - url = {https://www.aeaweb.org/articles?id=10.1257/aer.98.3.713 https://pubs.aeaweb.org/doi/10.1257/aer.98.3.713}, - volume = 98, - year = 2008 -} - -@article{BrunnermeierParker2005, - abstract = {Forward-looking agents care about expected future utility flows, and hence have higher current felicity if they are optimistic. This paper studies utility-based biases in beliefs by supposing that beliefs maximize average felicity, optimally balancing this benefit of optimism against the costs of worse decision making. A small optimistic bias in beliefs typically leads to first-order gains in anticipatory utility and only second-order costs in realized outcomes. In a portfolio choice example, investors overestimate their return and exhibit a preference for skewness; in general equilibrium, investors' prior beliefs are endogenously heterogeneous. In a consumption-saving example, consumers are both overconfident and overoptimistic.}, - author = {Brunnermeier, Markus K. and Parker, Jonathan A.}, - doi = {10.1257/0002828054825493}, - issn = 00028282, - journal = {American Economic Review}, - month = {aug}, - number = 4, - pages = {1092--1118}, - title = {{Optimal expectations}}, - url = {https://pubs.aeaweb.org/doi/10.1257/0002828054825493}, - volume = 95, - year = 2005 -} - -@techreport{FernaldEtAl2016, - abstract = {After 2004, measured growth in labor productivity and total factor productivity slowed. We find little evidence that this slowdown arises from growing mismeasurement of the gains from innovation in information technology–related goods and services. First, the mismeasurement of information technology hardware is significant preceding the slowdown. Because the domestic production of these products has fallen, the quantitative effect on productivity was larger in the 1995–2004 period than since then, despite mismeasurement worsening for some types of information technology. Hence, our adjustments make the slowdown in labor productivity worse. The effect on total factor productivity is more muted. Second, many of the tremendous consumer benefits from the “new” economy such as smartphones, Google searches, and Facebook are, conceptually, nonmarket: Consumers are more productive in using their nonmarket time to produce services they value. These benefits raise consumer well-being but do not imply that market sector production functions are shifting out more rapidly than measured. Moreover, estimated gains in nonmarket production are too small to compensate for the loss in overall well-being from slower market sector productivity growth. In addition to information technology, other measurement issues that we can quantify (such as increasing globalization and fracking) are also quantitatively small relative to the slowdown. The things at which Google and its peers excel, from Internet search to mobile software, are changing how we work, play and communicate, yet have had little discernible macroeconomic impact{\ldots}. Transformative innovation really is happening on the Internet. It's just not happening elsewhere.}, - annote = {tex.series: Brookings Papers on Economic Activity}, - author = {Byrne, David M. and Fernald, John G. and Reinsdorf, Marshall B.}, - booktitle = {Brookings Papers on Economic Activity}, - doi = {10.1353/eca.2016.0014}, - institution = {Brookings Institute}, - issn = 15334465, - month = {mar}, - number = {SPRING}, - pages = {109--182}, - title = {{Does the united states have a productivity slowdown or a measurement problem?}}, - type = {Working {\{}Paper{\}}}, - url = {https://www.brookings.edu/wp-content/uploads/2016/03/ByrneEtAl{\_}ProductivityMeasurement{\_}ConferenceDraft.pdf https://muse.jhu.edu/article/629297}, - volume = 2016, - year = 2016 -} - -@article{calvet2007a, - abstract = {This paper investigates the efficiency of household investment decisions using comprehensive disaggregated Swedish data. We consider two main sources of inefficiency: underdiversification ("down") and nonparticipation in risky asset markets ("out"). While a few house-holds are very poorly diversified, most Swedish households outperform, the Sharpe ratio of their domestic stock index through international diversification. Financially sophisticated households invest more efficiently but also more aggressively, and overall they incur higher return losses from underdiversification. The return cost of nonparticipation is smaller by almost one-half when we take account of the fact that nonparticipants would likely be inefficient investors. {\textcopyright} 2007 by The University of Chicago. All rights reserved.}, - author = {Calvet, Laurent E. and Campbell, John Y. and Sodini, Paolo}, - doi = {10.1086/524204}, - issn = 00223808, - journal = {Journal of Political Economy}, - month = {oct}, - number = 5, - pages = {707--747}, - title = {{Down or out: Assessing the welfare costs of household investment mistakes}}, - url = {https://www.journals.uchicago.edu/doi/10.1086/524204}, - volume = 115, - year = 2007 -} - -@article{Campanale2011, - abstract = {In the present paper I develop a life-cycle portfolio choice model where agents perceive stock returns to be ambiguous and are ambiguity averse. As in Epstein and Schneider (2005) part of the ambiguity vanishes over time as a consequence of learning over observed returns. The model shows that ambiguity alone can rationalize moderate stock market participation rates and conditional shares with reasonable participation costs but has strongly counterfactual implications for conditional allocations to stocks by age and wealth. When learning is allowed, conditional shares over the life-cycle are instead aligned with the empirical evidence and patterns of stock holdings over the wealth distribution get closer to the data. {\textcopyright} 2009 Elsevier Inc.}, - author = {Campanale, Claudio}, - doi = {10.1016/j.red.2009.09.002}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Campanale/Learning, ambiguity and life-cycle portfolio allocation.pdf:pdf}, - issn = 10942025, - journal = {Review of Economic Dynamics}, - keywords = {Ambiguity,Learning,Life-cycle,Portfolio choice}, - month = {apr}, - number = 2, - pages = {339--367}, - title = {{Learning, ambiguity and life-cycle portfolio allocation}}, - url = {https://www.sciencedirect.com/science/article/pii/S1094202509000519 https://linkinghub.elsevier.com/retrieve/pii/S1094202509000519}, - volume = 14, - year = 2011 -} - -@article{Campanale2015, - abstract = {Traditionally, quantitative models that have studied households' portfolio choices have focused exclusively on the different risk properties of alternative financial assets. We introduce differences in liquidity across assets in the standard life-cycle model of portfolio choice. More precisely, in our model, stocks are subject to transaction costs, as considered in recent macroliterature. We show that when these costs are calibrated to match the observed infrequency of households' trading, the model is able to generate patterns of portfolio stock allocation over age and wealth that are constant or moderately increasing, thus more in line with the existing empirical evidence.}, - author = {Campanale, Claudio and Fugazza, Carolina and Gomes, Francisco}, - doi = {10.1016/j.jmoneco.2014.11.008}, - issn = 03043932, - journal = {Journal of Monetary Economics}, - keywords = {Cash-in-advance,Household portfolio choice,Self-insurance,Transaction cost}, - pages = {67--83}, - title = {{Life-cycle portfolio choice with liquid and illiquid financial assets}}, - url = {https://www.sciencedirect.com/science/article/pii/S0304393214001652?casa{\_}token=eNb5stb57CIAAAAA:SI5G7GLZ2US1iwPCXPW52-7ghQNc1UOrB3QIr2f90Jk49{\_}y52lYcAeLI0vfE-tXr9H8a5wOtShc}, - volume = 71, - year = 2015 -} - -@article{Campbell2006, - abstract = {The study of household finance is challenging because household behavior is difficult to measure, and households face constraints not captured by textbook models. Evidence on participation, diversification, and mortgage refinancing suggests that many households invest effectively, but a minority make significant mistakes. This minority appears to be poorer and less well educated than the majority of more successful investors. There is some evidence that households understand their own limitations and avoid financial strategies for which they feel unqualified. Some financial products involve a cross-subsidy from naive to sophisticated households, and this can inhibit welfare-improving financial innovation.}, - author = {Campbell, John Y.}, - doi = {10.1111/j.1540-6261.2006.00883.x}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Campbell/Household finance.pdf:pdf}, - issn = 00221082, - journal = {Journal of Finance}, - month = {aug}, - number = 4, - pages = {1553--1604}, - title = {{Household finance}}, - url = {https://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.2006.00883.x}, - volume = 61, - year = 2006 -} - -@article{Campbell2003, - abstract = {This paper asks how a household should choose between a fixed-rate (FRM) and an adjustable-rate (AEM) mortgage. In an environment with uncertain inflation a nominal FRM has a risky real capital value, whereas an ARM has a stable real capital value but short-term variability in required real payments. Numerical solution of a life-cycle model with borrowing constraints and income risk shows that an ARM is generally attractive, but less so for a risk-averse household with a large mortgage, risky income, high default cost, or low moving probability. An inflation-indexed FRM can improve substantially on standard nominal mortgages. {\textcopyright} Oxford University Press 2001.}, - author = {Campbell, John Y. and Cocco, Jo{\~{a}}o F.}, - doi = {10.1162/003355303322552847}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Campbell, Cocco/Household risk management and optimal mortgage choice.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/Campbell, Cocco/Household risk management and optimal mortgage choice.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/Campbell, Cocco/Household risk management and optimal mortgage choice.pdf:pdf}, - issn = 00335533, - journal = {Quarterly Journal of Economics}, - month = {nov}, - number = 4, - pages = {1449--1494}, - publisher = {Oxford Academic}, - title = {{Household risk management and optimal mortgage choice}}, - url = {https://academic.oup.com/qje/article-abstract/118/4/1449/1925116 https://doi.org/10.1162/003355303322552847 https://academic.oup.com/qje/article-lookup/doi/10.1162/003355303322552847}, - volume = 118, - year = 2003 -} - -@article{Campbell2007, - abstract = {Housing is a major component of wealth. Since house prices fluctuate considerably over time, it is important to understand how these fluctuations affect households' consumption decisions. Rising house prices may stimulate consumption by increasing households' perceived wealth, or by relaxing borrowing constraints. This paper investigates the response of household consumption to house prices using UK micro data. We estimate the largest effect of house prices on consumption for older homeowners, and the smallest effect, insignificantly different from zero, for younger renters. This finding is consistent with heterogeneity in the wealth effect across these groups. In addition, we find that regional house prices affect regional consumption growth. Predictable changes in house prices are correlated with predictable changes in consumption, particularly for households that are more likely to be borrowing constrained, but this effect is driven by national rather than regional house prices and is important for renters as well as homeowners, suggesting that UK house prices are correlated with aggregate financial market conditions. {\textcopyright} 2006 Elsevier B.V. All rights reserved.}, - author = {Campbell, John Y. and Cocco, Jo{\~{a}}o F.}, - doi = {10.1016/j.jmoneco.2005.10.016}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Campbell, Cocco/How do house prices affect consumption Evidence from micro data.pdf:pdf}, - issn = 03043932, - journal = {Journal of Monetary Economics}, - keywords = {Borrowing constraints,Pseudo-panel,Wealth effect}, - month = {apr}, - number = 3, - pages = {591--621}, - publisher = {North-Holland}, - title = {{How do house prices affect consumption? Evidence from micro data}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S0304393206001279 https://www.sciencedirect.com/science/article/pii/S0304393206001279?casa{\_}token=1daAiz9JDPMAAAAA:WUWcEQ1uzBodvDvQvljC2sVNs1g7skPUdRjTcnlaZRfBdh1N933gQv0qEyyqqL5M17atqDPb}, - volume = 54, - year = 2007 -} - -@article{ccMortgageDefault2013, - abstract = {In this paper, we solve a dynamic model of households' mortgage decisions incorporating labor income, house price, inflation, and interest rate risk. Using a zero-profit condition for mortgage lenders, we solve for equilibrium mortgage rates given borrower characteristics and optimal decisions. The model quantifies the effects of adjustable versus fixed mortgage rates, loan-to-value ratios, and mortgage affordability measures on mortgage premia and default. Mortgage selection by heterogeneous borrowers helps explain the higher default rates on adjustable-rate mortgages during the recent U.S. housing downturn, and the variation in mortgage premia with the level of interest rates.}, - author = {Campbell, John Y. and Cocco, Jo{\~{a}}o F.}, - doi = {10.1111/jofi.12252}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Campbell, Cocco/A Model of Mortgage Default.pdf:pdf}, - issn = 15406261, - journal = {Journal of Finance}, - keywords = {models-wanted}, - month = {aug}, - number = 4, - pages = {1495--1554}, - publisher = {Blackwell Publishing Ltd}, - title = {{A Model of Mortgage Default}}, - url = {http://doi.wiley.com/10.1111/jofi.12252 www.fhfa.gov. https://onlinelibrary.wiley.com/doi/10.1111/jofi.12252}, - volume = 70, - year = 2015 -} - -@article{Carroll2020, - author = {Carroll, Christopher}, - journal = {Think Forward Initiative}, - number = {https://www.thinkforwardinitiative.com/stories/optimal-financial-investments-over-the-life-cycle}, - title = {{Optimal Financial Investments Over the Life Cycle}}, - url = {https://www.thinkforwardinitiative.com/stories/optimal-financial-investments-over-the-life-cycle}, - year = 2020 -} - -@article{carroll1997a, - abstract = {This paper uses the Panel Study of Income Dynamics to provide some of the first direct evidence that wealth is systematically higher for consumers with predictably greater income uncertainty. However, the apparent pattern of precautionary wealth is not consistent with a standard parameterization of the life cycle model in which consumers are patient enough to begin saving for retirement early in life; wealth is estimated to be far less sensitive to uncertainty than implied by that model. Instead, our results suggest that over most of their working life time, consumers behave in accordance with the 'buffer-stock' models of saving described in Carroll (1992, 1997) or Deaton (1991), in which consumers hold wealth principally to insulate consumption against near-term fluctuations in income.}, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - doi = {10.1016/S0304-3932(97)00036-6}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Carroll, Samwick/The nature of precautionary wealth.pdf:pdf}, - issn = 03043932, - journal = {Journal of Monetary Economics}, - keywords = {Income uncertainty,Precautionary saving,Wealth}, - month = {sep}, - number = 1, - pages = {41--71}, - publisher = {Elsevier}, - title = {{The nature of precautionary wealth}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S0304393297000366}, - volume = 40, - year = 1997 -} - -@incollection{catherine2019a, - abstract = {This paper presents a life-cycle model that incorporates the cyclical skewness of labor income shocks. Cyclical skewness can explain the limited stock market participation of households with modest financial wealth and the positive age trend in conditional equity shares. Structural estimation reveals that a relative risk aversion of 5 and a yearly participation cost of {\$}290 fits the US data. Omitting cyclical skewness leads to a three-fold overestimation of participation costs and generates a counterfactual decline of conditional equity shares. As its portfolio implications are smaller for wealthy households, cyclical skewness reduces aggregate demand for equity by only 15{\%}.}, - author = {Catherine, Sylvain}, - booktitle = {SSRN Electronic Journal}, - doi = {10.2139/ssrn.2778892}, - issn = {1556-5068}, - keywords = {D14,D91,G11,G12,H06,Household finance,Human capital,J24,Labor income risk,Life-cycle model,Portfolio choices,Simulated method of moments}, - title = {{Portfolio Choices Over the Life-Cycle and the Cyclical Skewness of Labor Income Shocks}}, - url = {http://www.ssrn.com/abstract=2778892}, - year = 2016 -} - -@incollection{chang2020a, - abstract = {This paper shows that the evolving likelihood of marriage and divorce is an essential factor in accounting for the changes in housing decisions over time in the United States. To quantify the importance of this channel, I build a life-cycle model of single and married households who face exogenous age-dependent marital transition shocks. I then estimate the parameters of the model by a limited information Bayesian method to match the moments from 1995's cross-section data. I conduct a decomposition analysis between 1970 and 1995, two years with similar real house prices but substantially different probabilities of marital transitions. I find that the change in the likelihood of marital transitions accounts for 29{\%} of the observed increase in the homeownership rate of singles. This portion is substantial given that the changes in downpayment requirements, earnings risk, and spousal labor productivity jointly replicate 45{\%} of the change. When the change in marital transitions is shut down, the marrieds' housing asset share increases, which is opposite to the data's pattern. Then I extend my analysis to study whether the ongoing change in marital transitions still plays a role in explaining housing decisions in recent years, which have seen dramatically changing house prices. In addition to other factors such as credit constraints, wages, and beliefs on price appreciation that are often suggested as drivers for homeownership increase during the housing boom in the mid-2000s, I show that the continuing decrease in marriage contributes to an approximately 7{\%} increase in the homeownership rate for young singles.}, - author = {Chang, Minsu}, - booktitle = {Working Paper}, - keywords = {divorce,homeownership,house prices,household formation,marriage,portfolio share}, - title = {{A House Without a Ring: The Role of Changing Marital Transitions for Housing Decisions}}, - url = {https://economics.sas.upenn.edu/system/files/2018-11/JMP{\_}MinsuChang.pdf}, - year = 2020 -} - -@article{chang2018a, - abstract = {The standard life-cycle models of household portfolio choice have difficulty generating a realistic age profile of risky share. These models not only imply a high risky share on average but also a steeply decreasing age profile, whereas the risky share is mildly increasing in the data. We introduce age-dependent, labor market uncertainty into an otherwise standard model. A great uncertainty in the labor market-high unemployment risk, frequent job turnovers, and an unknown career path-prevents young workers from taking too much risk in the financial market. As labor market uncertainty is resolved over time, workers start taking more risk in their financial portfolios.}, - author = {Chang, Yongsung and Hong, Jay H. and Karabarbounis, Marios}, - doi = {10.1257/mac.20160207}, - issn = 19457715, - journal = {American Economic Journal: Macroeconomics}, - month = {apr}, - number = 2, - pages = {222--262}, - title = {{Labor market uncertainty and portfolio choice puzzles}}, - url = {https://pubs.aeaweb.org/doi/10.1257/mac.20160207}, - volume = 10, - year = 2018 -} - -@article{Chetty2007, - abstract = {Many households devote a large fraction of their budgets to "consumption commitments" - goods that involve transaction costs and are infrequently adjusted. This paper characterizes risk preferences in an expected utility model with commitments. We show that commitments affect risk preferences in two ways: (1) they amplify risk aversion with respect to moderate-stake shocks, and (2) they create a motive to take large-payoff gambles. The model thus helps resolve two basic puzzles in expected utility theory: the discrepancy between moderate-stake and large-stake risk aversion and lottery playing by insurance buyers. We discuss applications of the model such as the optimal design of social insurance and tax policies, added worker effects in labor supply, and portfolio choice. Using event studies of unemployment shocks, we document evidence consistent with the consumption adjustment patterns implied by the model.}, - author = {Chetty, R. A.J. and Szeidl, Adam}, - doi = {10.1162/qjec.122.2.831}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Chetty, Szeidl/Consumption commitments and risk preferences.pdf:pdf}, - issn = 00335533, - journal = {Quarterly Journal of Economics}, - month = {may}, - number = 2, - pages = {831--877}, - publisher = {Oxford Academic}, - title = {{Consumption commitments and risk preferences}}, - url = {https://academic-oup-com.proxy.lib.ohio-state.edu/qje/article/122/2/831/1942152 https://academic.oup.com/qje/article-lookup/doi/10.1162/qjec.122.2.831 https://academic.oup.com/qje/article/122/2/831/1942152}, - volume = 122, - year = 2007 -} - -@article{Chetty2017, - abstract = {We show that characterizing the effects of housing on portfolios requires distinguishing between the effects of home equity and mortgage debt. We isolate exogenous variation in home equity and mortgages by using differences across housing markets in house prices and housing supply elasticities as instruments. Increases in property value (holding home equity constant) reduce stockholdings, while increases in home equity wealth (holding property value constant) raise stockholdings. The stock share of liquid wealth would rise by 1 percentage point—6{\%} of the mean stock share—if a household were to spend 10{\%} less on its house, holding fixed wealth.}, - author = {CHETTY, RAJ and S{\'{A}}NDOR, L{\'{A}}SZL{\'{O}} and SZEIDL, ADAM}, - doi = {10.1111/jofi.12500}, - file = {:C$\backslash$:/Users/alujan/Mendeley/CHETTY, S{\'{A}}NDOR, SZEIDL/The Effect of Housing on Portfolio Choice.pdf:pdf}, - issn = {0022-1082}, - journal = {The Journal of Finance}, - keywords = {Denis Foug{\`{e}}re,Mathilde Poulhes,SSRN,The Effect of Housing on Portfolio Choice: A Reapp,housing,mortgage debt,portfolio choice,property value}, - month = {jun}, - number = 3, - pages = {1171--1212}, - publisher = {John Wiley {\&} Sons, Ltd}, - title = {{The Effect of Housing on Portfolio Choice}}, - url = {https://papers-ssrn-com.proxy.lib.ohio-state.edu/abstract=2210182 https://onlinelibrary.wiley.com/doi/10.1111/jofi.12500 https://onlinelibrary.wiley.com/doi/abs/10.1111/jofi.12500?casa{\_}token=GU67UwFgKksAAAAA:jS2fO4QbWscL3lzURZivZ842OFL{\_}5munFQjBvKHtBtuSwkf}, - volume = 72, - year = 2017 -} - -@article{fratantoni1998homeownership, - abstract = {This study examines how housing influences households' risky asset holdings in multiple European countries, using the 2004 Survey of Health, Ageing and Retirement in Europe (SHARE) data set. This research provides three major findings. First, homeowners in bank-based economies have a significantly lower probability of participating in the stock market, whereas in market-based economies, homeownership has no significant impact on this probability. Second, homeowners tend to invest a lower share of their financial assets in stocks compared to renters. Third, households with a higher home value to wealth ratio invest a lower share of financial assets in stocks in countries with more developed mortgage markets. In contrast, in countries with underdeveloped mortgage markets, households with a higher home value to wealth ratio invest a larger share of financial assets in stocks. The results of this study suggest that recognizing differences in financial market structures is crucial to understanding the relationship between housing investment and stock investment.}, - author = {Cho, Insook}, - doi = {10.5539/res.v6n4p254}, - issn = 19187181, - journal = {Review of European Studies}, - keywords = {Homeownership,Household portfolio,Risky asset holdings,SHARE}, - number = 4, - pages = {254--267}, - publisher = {Elsevier}, - title = {{Homeownership and investment in risky assets in Europe}}, - volume = 6, - year = 2014 -} - -@article{ChristianoEtAl2015, - abstract = {We argue that the vast bulk of movements in aggregate real economic activity during the Great Recession were due to financial frictions. We reach this conclusion by looking through the lens of an estimated New Keynesian model in which firms face moderate degrees of price rigidities, no nominal rigidities in wages, and a binding zero lower bound constraint on the nominal interest rate. Our model does a good job of accounting for the joint behavior of labor and goods markets, as well as inflation, during the Great Recession. According to the model the observed fall in total factor productivity and the rise in the cost of working capital played critical roles in accounting for the small drop in inflation that occurred during the Great Recession.}, - author = {Christiano, Lawrence J. and Eichenbaum, Martin S. and Trabandt, Mathias}, - doi = {10.1257/mac.20140104}, - issn = 19457715, - journal = {American Economic Journal: Macroeconomics}, - month = {jan}, - number = 1, - pages = {110--167}, - title = {{Understanding the great recession}}, - url = {https://pubs.aeaweb.org/doi/10.1257/mac.20140104}, - volume = 7, - year = 2015 -} - -@article{Cocco2004rfs, - abstract = {I show that investment in housing plays a crucial role in explaining the patterns of cross-sectional variation in the composition of wealth and the level of stockholdings observed in portfolio composition data. Due to investment in housing, younger and poorer investors have limited financial wealth to invest in stocks, which reduces the benefits of equity market participation. House price risk crowds out stockholdings, and this crowding out effect is larger for low financial net-worth. In the model as in the data leverage is positively correlated with stockholdings. {\textcopyright} 2004 The Society for Financial Studies; all rights reserved.}, - author = {Cocco, Jo{\~{a}}o F.}, - doi = {10.1093/rfs/hhi006}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Cocco/Portfolio choice in the presence of housing.pdf:pdf}, - issn = 08939454, - journal = {Review of Financial Studies}, - month = {jun}, - number = 2, - pages = {535--567}, - publisher = {Oxford Academic}, - title = {{Portfolio choice in the presence of housing}}, - url = {https://academic.oup.com/rfs/article-abstract/18/2/535/1599873 https://doi.org/10.1093/rfs/hhi006 https://academic.oup.com/rfs/article-lookup/doi/10.1093/rfs/hhi006}, - volume = 18, - year = 2005 -} - -@article{Cocco2005, - abstract = {This article solves a realistically calibrated life cycle model of consumption and portfolio choice with non-tradable labor income and borrowing constraints. Since labor income substitutes for riskless asset holdings, the optimal share invested in equities is roughly decreasing over life. We compute a measure of the importance of human capital for investment behavior. We find that ignoring labor income generates large utility costs, while the cost of ignoring only its risk is an order of magnitude smaller, except when we allow for a disastrous labor income shock. Moreover, we study the implications of introducing endogenous borrowing constraints in this incomplete-markets setting. {\textcopyright} 2005 The Society for Financial Studies; all rights reserved.}, - author = {Cocco, Jo{\~{a}}o F. and Gomes, F. J. and Maenhout, Pascal J.}, - doi = {10.1093/rfs/hhi017}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Cocco, Gomes, Maenhout/Consumption and Portfolio Choice over the Life Cycle.pdf:pdf}, - issn = 08939454, - journal = {Review of Financial Studies}, - month = {jun}, - number = 2, - pages = {491--533}, - publisher = {Oxford Academic}, - title = {{Consumption and portfolio choice over the life cycle}}, - url = {https://academic.oup.com/rfs/article/18/2/491/1599892 https://academic.oup.com/rfs/article-lookup/doi/10.1093/rfs/hhi017 https://academic-oup-com.proxy.lib.ohio-state.edu/rfs/article/18/2/491/1599892 https://academic.oup.com/rfs/article-abstract/18/2/491/}, - volume = 18, - year = 2005 -} - -@article{cooper2016a, - abstract = {This paper studies household financial choices: why are these decisions dependent on the education level of the household? A life-cycle model is constructed to understand a rich set of facts about decisions of households with different levels of educational attainment regarding stock market participation, the stock share in wealth, the stock adjustment rate and the wealth-income ratio. Model parameters, including preferences, the costs of stock market participation and portfolio adjustment, are estimated to match financial decisions by different education groups. Based on the estimated model, education affects household finance mainly through increased average income. The estimation also finds evidence that higher educational attainment is associated with a lower stock market entry cost and a larger discount factor. Education specific differences in income risks, medical expenses, mortality risks and the life-cycle pattern of income explain relatively little of the observed differences in household financial choices.}, - author = {Cooper, Russell and Zhu, Guozhong}, - doi = {10.1016/j.red.2015.12.001}, - issn = 10942025, - journal = {Review of Economic Dynamics}, - keywords = {Household finance,Life-cycle choices,Role of education}, - month = {apr}, - pages = {63--89}, - title = {{Household finance over the life-cycle: What does education contribute?}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S1094202515000721}, - volume = 20, - year = 2016 -} - -@article{Corbae2015, - abstract = {How much of the foreclosure crisis can be explained by the large number of high-leverage mortgages originated during the housing boom? In our model, heterogeneous households select from mortgages with different down payments and choose whether to default given income and housing shocks. The use of low–down payment loans is initially limited by payment-to-income requirements but becomes unrestricted during the boom. The model approximates key housing andmortgagemarket facts before and after the crisis. A counterfactual experiment suggests that the increased number of high-leverage loans originated prior to the crisis can explain over 60 percent of the rise in foreclosure rates.}, - author = {Corbae, Dean and Quintin, Erwan}, - doi = {10.1086/677349}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Corbae, Quintin/Leverage and the foreclosure crisis.pdf:pdf}, - issn = {1537534X}, - journal = {Journal of Political Economy}, - keywords = {models-wanted}, - month = {feb}, - number = 1, - pages = {1--65}, - publisher = {University of Chicago Press}, - title = {{Leverage and the foreclosure crisis}}, - url = {https://www.journals.uchicago.edu/doi/10.1086/677349}, - volume = 123, - year = 2015 -} - -@article{Corradin2014, - abstract = {We develop and solve a model of optimal portfolio choice with transaction costs and predictability in house prices. We model house prices using a process with a time-varying expected growth rate. Housing adjustments are infrequent and characterized by both the wealth-to-housing ratio and the expected growth in house prices. We find that the housing portfolio share immediately after moving to a more valuable house is higher during periods of high expected growth in house prices. We also find that the share of wealth invested in risky assets is lower during periods of high expected growth in house prices. Finally, the decrease in risky portfolio holdings for households moving to a more valuable house is greater in high-growth periods. These findings are robust to tests using household-level data from the Panel Study of Income Dynamics (PSID) and Survey of Income and Program Participation (SIPP) surveys. The coefficients obtained using model-simulated data are consistent with those obtained in the empirical tests. {\textcopyright} 2013 The Author.}, - author = {Corradin, Stefano and Fillat, Jos{\'{e}} L. and Vergara-Alert, Carles}, - doi = {10.1093/rfs/hht062}, - issn = 08939454, - journal = {Review of Financial Studies}, - month = {mar}, - number = 3, - pages = {823--880}, - publisher = {Oxford Academic}, - title = {{Optimal portfolio choice with predictability in house prices and transaction costs}}, - url = {https://academic-oup-com.proxy.lib.ohio-state.edu/rfs/article/27/3/823/1579904 https://academic.oup.com/rfs/article-lookup/doi/10.1093/rfs/hht062}, - volume = 27, - year = 2014 -} - -@article{dahlquist2018a, - abstract = {We characterize the optimal default fund in a defined contribution (DC) pension plan. Using detailed data on individuals' holdings inside and outside the pension system, we find substantial heterogeneity within and between passive and active investors in terms of labor income, financial wealth, and stock market participation. We build a life-cycle consumption-savings model, with a DC pension account and an opt-out/default choice, that produces realistic investor heterogeneity. Relative to a common age-based allocation, implementing the optimal default asset allocation implies a welfare gain of 1.5{\%} during retirement. Much of the gain is attainable with a simple rule of thumb.}, - annote = {Forthcomin}, - author = {Dahlquist, Magnus and Setty, Ofer and Vestman, Roine}, - doi = {10.1111/jofi.12697}, - issn = 15406261, - journal = {Journal of Finance}, - month = {aug}, - number = 4, - pages = {1893--1936}, - title = {{On the Asset Allocation of a Default Pension Fund}}, - url = {https://onlinelibrary.wiley.com/doi/10.1111/jofi.12697}, - volume = 73, - year = 2018 -} - -@techreport{Daruich2018, - abstract = {To study long-run large-scale early childhood policies, this paper incorporates early childhood investments into a standard general-equilibrium (GE) heterogeneous-agent overlapping-generations model. Aer estimating it using US data, we show that an RCT evaluation of a short-run small-scale early childhood program in the model predicts eects on children's education and income that are similar to the empirical evidence. A long-run large-scale program, however, yields twice as large welfare gains, even aer considering GE and taxation eects. Key to this dierence is that investing in a child not only improves her skills but also creates a beer parent for the next generation.}, - address = {St. Louis, MO, USA}, - author = {Daruich, Diego}, - booktitle = {Ssrn}, - doi = {10.20955/wp.2018.029}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Daruich/The Macroeconomic Consequences of Early Childhood Development Policies.pdf:pdf}, - institution = {Federal Reserve Bank of St. Louis}, - issn = {1556-5068}, - keywords = {Inequality,early childhood development,intergenerational mobility}, - month = {oct}, - number = {2018-29}, - title = {{The Macroeconomic Consequences of Early Childhood Development Policies}}, - url = {https://papers-ssrn-com.proxy.lib.ohio-state.edu/abstract=3265081 https://research.stlouisfed.org/wp/more/2018-029}, - year = 2018 -} - -@article{davis2008a, - abstract = {We construct a quarterly time series of the rent-price ratio for the aggregate stock of owner-occupied housing in the United States, starting in 1960, by merging micro data from the last five Decennial Censuses of Housing surveys with price indexes for house prices and rents. We show that the rent-price ratio ranged between 5 and 5.5 percent between 1960 and 1995, but rapidly declined after 1995. By year-end 2006, the rent-price ratio reached a historic low of 3.5 percent. For the rent-price ratio to return to its historical average over, say, the next five years, house prices likely would have to fall considerably. {\textcopyright} International Association for Research in Income and Wealth 2008.}, - author = {Davis, Morris A. and Lehnert, Andreas and Martin, Robert F.}, - doi = {10.1111/j.1475-4991.2008.00274.x}, - issn = 00346586, - journal = {Review of Income and Wealth}, - month = {jun}, - number = 2, - pages = {279--284}, - title = {{The rent-price ratio for the aggregate stock of owner-occupied housing}}, - url = {https://onlinelibrary.wiley.com/doi/10.1111/j.1475-4991.2008.00274.x}, - volume = 54, - year = 2008 -} - -@article{DeNardi2019, - abstract = {Earnings dynamics are much richer than typically assumed in macro models with heterogeneous agents. This holds for individual-pre-tax and household-post-tax earnings and across administrative and survey data. We estimate two alternative processes for household after-tax earnings and study their implications using a standard life-cycle model. Both processes feature a persistent and a transitory component, but although the first one is the canonical linear process with stationary shocks, the second one has substantially richer earnings dynamics, allowing for age-dependence of moments, non-normality, and nonlinearity in previous earnings and age. Allowing for richer earnings dynamics implies a substantially better fit of the evolution of cross-sectional consumption inequality over the life cycle and of the individual-level degree of consumption insurance against persistent earnings shocks. The richer earnings process implies lower welfare costs of earnings risk.}, - author = {{De Nardi}, Mariacristina and Fella, Giulio and Paz-Pardo, Gonzalo}, - doi = {10.1093/jeea/jvz010}, - file = {:C$\backslash$:/Users/alujan/Mendeley/de Nardi, Fella, Paz Pardo/Nonlinear Household Earnings Dynamics, Self-Insurance, and Welfare.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/De Nardi, Fella, Paz-Pardo/Nonlinear Household Earnings Dynamics, Self-Insurance, and Welfare.pdf:pdf}, - issn = 15424774, - journal = {Journal of the European Economic Association}, - month = {apr}, - number = 2, - pages = {890--926}, - publisher = {Oxford University Press (OUP)}, - title = {{Nonlinear Household Earnings Dynamics, Self-Insurance, and Welfare}}, - url = {https://academic.oup.com/jeea/advance-article/doi/10.1093/jeea/jvz010/5421188 https://academic.oup.com/jeea/article/18/2/890/5421188}, - volume = 18, - year = 2020 -} - -@article{beaubrun-diant2016a, - abstract = {In this study, we empirically analyze the simultaneous decisions of households to participate in the stock market and/or own their home. A vast literature stream exists on decisions to buy or rent a home, and many contributions report the low participation rate of American households in the US stock market. Numerous authors have also provided evidence that home tenure (modeled as an exogenous variable) affects the share of household portfolios held as stocks. However, the present study is the first to allow decisions on homeownership and stockholding to be simultaneous and endogenous. We use a dynamic bivariate logistic panel data model on the Panel Study of Income Dynamics data from 1999 to 2007, controlling for sample selection bias and time-invariant unobserved heterogeneity. These estimates allow us to simulate the individual paths of homeownership and stockholding status over whole life cycles, according to household characteristics. Ceteris paribus, we show that households acquiring one asset (either home or stocks) acquire the other at an earlier stage in their life cycles, implying that some households become trapped in a no-stockholding, renting position.}, - author = {{E. Beaubrun-Diant}, Kevin and Maury, Tristan Pierre}, - doi = {10.1016/j.jhe.2016.03.002}, - file = {:C$\backslash$:/Users/alujan/Mendeley/E. Beaubrun-Diant, Maury/Home tenure, stock market participation, and composition of the household portfolio.pdf:pdf}, - issn = 10960791, - journal = {Journal of Housing Economics}, - keywords = {Bivariate logistic model,Housing,Portfolio choices,Stock market participation}, - month = {jun}, - pages = {1--17}, - publisher = {Academic Press}, - title = {{Home tenure, stock market participation, and composition of the household portfolio}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S1051137716000061}, - volume = 32, - year = 2016 -} - -@article{fagereng2017a, - abstract = {Using error-free data on life-cycle portfolio allocations of a large sample of Norwegian households, we document a double adjustment as households age: a rebalancing of the portfolio composition away from stocks as they approach retirement and stock market exit after retirement. When structurally estimating an extended life-cycle model, the parameter combination that best fits the data is one with a relatively large risk aversion, a small per-period participation cost, and a yearly probability of a large stock market loss in line with the frequency of stock market crashes in Norway.}, - author = {Fagereng, Andreas and Gottlieb, Charles and Guiso, Luigi}, - doi = {10.1111/jofi.12484}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Fagereng, Gottlieb, Guiso/Asset Market Participation and Portfolio Choice over the Life-Cycle.pdf:pdf}, - issn = 15406261, - journal = {Journal of Finance}, - month = {apr}, - number = 2, - pages = {705--750}, - publisher = {Blackwell Publishing Ltd}, - title = {{Asset Market Participation and Portfolio Choice over the Life-Cycle}}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/jofi.12484?casa{\_}token=KDIfnuh{\_}kzMAAAAA:DN09HtE5tF4YdX6f2Udy9m0y8Uxz7d8AlSTGGQ2PLUEqBZuWhlPRWchfyp2FG{\_}IwnIXSHQD8xqWY6R1s https://onlinelibrary.wiley.com/doi/10.1111/jofi.12484}, - volume = 72, - year = 2017 -} - -@article{Favilukis2017, - abstract = {This paper studies a quantitative general equilibrium model of housing. The model has two key elements not previously considered in existing quantitative macro studies of housing finance: aggregate business cycle risk and a realistic wealth distribution driven in the model by bequest heterogeneity in preferences. These features of the model play a crucial role in the following results. First, a relaxation of financing constraints leads to a large boomin house prices. Second, the boom in house prices is entirely the result of a decline in the housing risk premium. Third, low interest rates cannot explain high home values.}, - author = {Favilukis, Jack and Ludvigson, Sydney C. and {Van Nieuwerburgh}, Stijn}, - doi = {10.1086/689606}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Favilukis, Ludvigson, Van Nieuwerburgh/The macroeconomic effects of housing wealth, housing finance, and limited risk sharing in general equilibrium.pdf:pdf}, - issn = {1537534X}, - journal = {Journal of Political Economy}, - month = {feb}, - number = 1, - pages = {140--223}, - publisher = {University of Chicago Press}, - title = {{The macroeconomic effects of housing wealth, housing finance, and limited risk sharing in general equilibrium}}, - url = {https://www.journals.uchicago.edu/doi/10.1086/689606}, - volume = 125, - year = 2017 -} - -@article{Fernandez-Villaverde2011, - abstract = {In this paper we investigate whether a standard life-cycle model in which households purchase nondurable consumption and consumer durables and face idiosyncratic income and mortality risk as well as endogenous borrowing constraints can account for two key patterns of consumption and asset holdings over the life cycle. First, consumption expenditures on both durable and nondurable goods are hump-shaped. Second, young households keep very few liquid assets and hold most of their wealth in consumer durables. In our model durables play a dual role: they both provide consumption services and act as collateral for loans. A plausibly parameterized version of the model predicts that the interaction of consumer durables and endogenous borrowing constraints induces durables accumulation early in life and higher consumption of nondurables and accumulation of financial assets later in the life cycle, of an order of magnitude consistent with observed data. {\textcopyright} 2011 Cambridge University Press.}, - author = {Fern{\'{a}}ndez-Villaverde, Jes{\'{u}}s and Krueger, Dirk}, - doi = {10.1017/S1365100510000180}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Fern{\'{a}}ndez-Villaverde, Krueger/Consumption and saving over the life cycle How important are consumer durables.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/Fern{\'{a}}ndez-Villaverde, Krueger/Consumption and saving over the life cycle How important are consumer durables(2).pdf:pdf}, - issn = 13651005, - journal = {Macroeconomic Dynamics}, - keywords = {Consumer Durables,Consumption and Saving,Life Cycle}, - month = {nov}, - number = 5, - pages = {725--770}, - publisher = {Koeniger}, - title = {{Consumption and saving over the life cycle: How important are consumer durables?}}, - url = {https://doi.org/10.1017/S1365100510000180 https://www.cambridge.org/core/product/identifier/S1365100510000180/type/journal{\_}article https://www.cambridge.org/core/journals/macroeconomic-dynamics/article/consumption-and-saving-over-the-life-cycle-how-import}, - volume = 15, - year = 2011 -} - -@article{Fischer2013a, - abstract = {In recent decades U.S. households have experienced residential house prices moving persistently, that is, returns being positively serially correlated. We set up a realistically calibrated life cycle model with slow-moving time variation in expected housing returns, showing that not only age, labor income, and pre-existing housing wealth but also the state of the housing market significantly affect household decisions. Consistently with the data, the model predicts that in good states of housing market cycles (1) homeownership rates increase, (2) households buying homes invest a larger share of their net worth in their home, and (3) these households lever up more. {\textcopyright} 2013 The Author.}, - author = {Fischer, Marcel and Stamos, Michael Z.}, - doi = {10.1093/rfs/hht010}, - issn = 08939454, - journal = {Review of Financial Studies}, - number = 9, - pages = {2311--2352}, - title = {{Optimal life cycle portfolio choice with housing market cycles}}, - url = {https://academic.oup.com/rfs/article-abstract/26/9/2311/1661950}, - volume = 26, - year = 2013 -} - -@article{Flavin2008, - author = {Flavin, Marjorie and Nakagawa, Shinobu}, - doi = {10.1257/aer.98.1.474}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Flavin, Nakagawa/A model of housing in the presence of adjustment costs A structural interpretation of habit persistence.pdf:pdf}, - issn = 00028282, - journal = {American Economic Review}, - month = {mar}, - number = 1, - pages = {474--495}, - title = {{A model of housing in the presence of adjustment costs: A structural interpretation of habit persistence}}, - url = {https://www.aeaweb.org/articles?id=10.1257/aer.98.1.474}, - volume = 98, - year = 2008 -} - -@article{flavin2002owner, - author = {Flavin, Marjorie and Yamashita, Takashi}, - doi = {10.1257/000282802760015775}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Flavin, Yamashita/Owner-occupied housing and the composition of the household portfolio.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/Flavin, Yamashita/Owner-occupied housing and the composition of the household portfolio(2).pdf:pdf}, - issn = 00028282, - journal = {American Economic Review}, - keywords = {Investment Decisions,Portfolio Choice,Real Estate,Regional,Rural,Urban,and Transport,and Transportation Economics: Housing Demand}, - month = {feb}, - number = 1, - pages = {345--362}, - title = {{Owner-occupied housing and the composition of the household portfolio}}, - url = {https://pubs.aeaweb.org/doi/10.1257/000282802760015775}, - volume = 92, - year = 2002 -} - -@article{gianetti2016a, - abstract = {We show that, after the revelation of corporate fraud in a state, household stock market participation in that state decreases. Households decrease holdings in fraudulent as well as nonfraudulent firms, even if they do not hold stocks in fraudulent firms. Within a state, households with more lifetime experience of corporate fraud hold less equity. Following the exogenous increase in fraud revelation due to Arthur Andersen's demise, states with more Arthur Andersen clients experience a larger decrease in stock market participation. We provide evidence that the documented effect is likely to reflect a loss of trust in the stock market.}, - author = {Giannetti, Mariassunta and Wang, Tracy Yue}, - doi = {10.1111/jofi.12399}, - issn = 15406261, - journal = {Journal of Finance}, - month = {dec}, - number = 6, - pages = {2591--2636}, - title = {{Corporate Scandals and Household Stock Market Participation}}, - url = {https://onlinelibrary.wiley.com/doi/10.1111/jofi.12399}, - volume = 71, - year = 2016 -} - -@article{Gomes2020a, - abstract = {Life-cycle portfolio choice models capture the role of human capital, housing, borrowing constraints, background risk, and several other crucial ingredients for determining the savings and investment decisions of households. Over the last two decades, this literature has provided us with multiple insights regarding the asset allocation decisions of individual investors. This article provides a critical survey of this research and suggests directions for future research, namely incorporating additional forms of household heterogeneity.}, - author = {Gomes, Francisco}, - doi = {10.1146/annurev-financial-012820-113815}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Gomes/Portfolio Choice over the Life Cycle A Survey.pdf:pdf}, - issn = 19411375, - journal = {Annual Review of Financial Economics}, - keywords = {Life-cycle models,household fnance,portfolio choice}, - month = {nov}, - number = 1, - pages = {277--304}, - publisher = {Annual Reviews Inc.}, - title = {{Portfolio Choice over the Life Cycle: A Survey}}, - url = {https://www.annualreviews.org/doi/10.1146/annurev-financial-012820-113815 https://www.annualreviews.org/doi/abs/10.1146/annurev-financial-012820-113815?casa{\_}token=kKU56tH9xCcAAAAA:C23{\_}AREuua8ittBL9s2Cz{\_}mjcTdLrUatAUWVT6ObqQOk26IZgPeCzFWhZGMQcLAZ0gMEm8NjnHy}, - volume = 12, - year = 2020 -} - -@article{Gomes2021, - abstract = {Household financial decisions are complex, interdependent, and heterogeneous, and central to the functioning of the financial system. We present an overview of the rapidly expanding literature on household finance (with some important exceptions) and suggest directions for future research. We begin with the theory and empirics of asset market participation and asset allocation over the life cycle. We then discuss household choices in insurance markets, trading behavior, decisions on retirement saving, and financial choices by retirees. We survey research on liabilities, including mortgage choice, refinancing, and default, and household behavior in unsecured credit markets, including credit cards and payday lending. We then connect the household to its social environment, including peer effects, cultural and hereditary factors, intra-household financial decision-making, financial literacy, cognition, and educational interventions. We also discuss literature on the provision and consumption of financial advice.}, - author = {Gomes, Francisco and Haliassos, Michael and Ramadorai, Tarun}, - doi = {10.1257/JEL.20201461}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Gomes, Haliassos, Ramadorai/Household finance.pdf:pdf}, - issn = 00220515, - journal = {Journal of Economic Literature}, - number = 3, - pages = {919--1000}, - title = {{Household finance}}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1540-6261.2006.00883.x?casa{\_}token=AcXdIiF0xUwAAAAA:n0jGvt3yuZDX82XbGCkRzplLqX8bkxQE{\_}6N-ilg3KK-IIu1OUjRJ{\_}ibcT2iJyJVbKyTK7AMxTFjO1Q}, - volume = 59, - year = 2021 -} - -@article{gomes2005optimal, - abstract = {We show that a life-cycle model with realistically calibrated uninsurable labor income risk and moderate risk aversion can simultaneously match stock market participation rates and asset allocation decisions conditional on participation. The key ingredients of the model are Epstein-Zin preferences, a fixed stock market entry cost, and moderate heterogeneity in risk aversion, Households with low risk aversion smooth earnings shocks with a small buffer stock of assets, and consequently most of them (optimally) never invest in equities. Therefore, the marginal stockholders are (endogenously) more risk averse, and as a result they do not invest their portfolios fully in stocks.}, - author = {Gomes, Francisco and Michaelides, Alexander}, - doi = {10.1111/j.1540-6261.2005.00749.x}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Gomes, Michaelides/Optimal life-cycle asset allocation Understanding the empirical evidence.pdf:pdf}, - issn = 00221082, - journal = {Journal of Finance}, - month = {apr}, - number = 2, - pages = {869--904}, - publisher = {Wiley Online Library}, - title = {{Optimal life-cycle asset allocation: Understanding the empirical evidence}}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1540-6261.2005.00749.x?casa{\_}token=j9jxue{\_}38O8AAAAA:484h6aUZ0araTdmUsX4XyNfhZhQUoEm6bYcKTT0u7r8cmZwKoo{\_}zu2ffIvHhDDF94Fd{\_}ixWlS8BcRA https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1540-6261.2005.00749.x?ca}, - volume = 60, - year = 2005 -} - -@article{Gomes2008, - abstract = {We develop a model with incomplete markets and heterogeneous agents that generates a large equity premium, while simultaneously matching stock market participation and individual asset holdings. The high risk-premium is driven by incomplete risk sharing among stockholders, which results from the combination of aggregate uncertainty, borrowing constraints, and a (realistically) calibrated life-cycle earnings profile subject to idiosyncratic shocks. We show that it is challenging to simultaneously match asset pricing moments and individual portfolio decisions, while limited participation has a negligible impact on the risk-premium, contrary to the results of models where it is imposed exogenously. (JEL G11, G12) {\textcopyright} The Author 2007.}, - author = {Gomes, Francisco and Michaelides, Alexander}, - doi = {10.1093/rfs/hhm063}, - issn = 08939454, - journal = {Review of Financial Studies}, - number = 1, - pages = {415--448}, - title = {{Asset pricing with limited risk sharing and heterogeneous agents}}, - url = {https://academic.oup.com/rfs/article-abstract/21/1/415/1576121}, - volume = 21, - year = 2008 -} - -@techreport{Greenwald2018, - abstract = {I investigate how the structure of the mortgage market influences macroeconomic dynamics, using a general equilibrium framework with prepayable debt and a limit on the ratio of mortgage payments to income — features that prove essential to reproducing observed debt dynamics. The resulting environment amplifies transmission from interest rates into debt, house prices, and economic activity. Monetary policy more easily stabilizes inflation, but contributes to larger fluctuations in credit growth. A relaxation of payment-to-income standards appears vital for explaining the recent boom. A cap on payment-to-income ratios, not loan-to-value ratios, is the more effective macroprudential policy for limiting boom-bust cycles.}, - annote = {tex.volume:}, - author = {Greenwald, Daniel L.}, - booktitle = {SSRN Electronic Journal}, - doi = {10.2139/ssrn.2735491}, - institution = {Massachusetts Institute of Technology (MIT) - Sloan School of Management}, - issn = {1556-5068}, - title = {{The Mortgage Credit Channel of Macroeconomic Transmission}}, - type = {Working {\{}Paper{\}}}, - url = {http://www.ssrn.com/abstract=2735491}, - year = 2016 -} - -@techreport{GreenwaldEtAl2018, - abstract = {Shared Appreciation Mortgages (SAMs) feature mortgage payments that adjust with house prices. These mortgage contracts are designed to stave off home owner default by providing payment relief in the wake of a large house price shock. SAMs have been hailed as an innovative solution that could prevent the next foreclosure crisis, act as a work-out tool during a crisis, and alleviate fiscal pressure during a downturn. They have inspired Fintech companies to offer home equity contracts. However, the home owner's gains are the mortgage lender's losses. A general equilibrium model with financial intermediaries who channel savings from saver households to borrower households shows that indexation of mortgage payments to aggregate house prices increases financial fragility, reduces risk sharing, and leads to expensive financial sector bailouts. In contrast, indexation to local house prices reduces financial fragility and improves risk-sharing. The two types of indexation have opposite implications for wealth inequality.}, - author = {Greenwald, Daniel L. and Landvoigt, Tim and {Van Nieuwerburgh}, Stijn}, - booktitle = {SSRN Electronic Journal}, - doi = {10.2139/ssrn.3069621}, - institution = {MIT Sloan}, - issn = {1556-5068}, - month = {nov}, - number = {5261-17}, - title = {{Financial Fragility with SAM?}}, - type = {Reserch {\{}Paper{\}}}, - url = {https://www.ssrn.com/abstract=3069621}, - year = 2017 -} - -@article{grossman1987asset, - abstract = {We analyze a model of optimal consumption and portfolio selection in which consumption services are generated by holding a durable good. The durable good is illiquid in that a transaction cost must be paid when the good is sold. It is shown that optimal consumption is not a smooth function of wealth; it is optimal for the consumer to wait until a large change in wealth occurs before adjusting his consumption. As a consequence, the consumption based capital asset pricing model fails to hold. Nevertheless, it is shown that the standard, one factor, market portfolio based capital asset pricing model does hold in this environment. It is shown that the optimal durable level is characterized by three numbers (not random variables), say x, y, and z (where {\textless}latex{\textgreater}{\$}x {\textless} y {\textless} z{\$}{\textless}/latex{\textgreater}). The consumer views the ratio of consumption to wealth (c/W) as his state variable. If this ratio is between x and z, then he does not sell the durable. If c/W is less than x or greater than z, then he sells his durable and buys a new durable of size S so that S/W = y. Thus y is his "target" level of c/W. If the stock market moves up enough so that c/W falls below x, then he sells his small durable to buy a larger durable. However, there will be many changes in the value of his wealth for which c/W stays between x and z, and thus consumption does not change. Numerical simulations show that small transactions costs can make consumption changes occur very infrequently. Further, the effect of consumption transactions costs on the demand for risky assets is substantial.}, - author = {Grossman, Sanford J. and Laroque, Guy}, - doi = {10.2307/2938333}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Grossman, Laroque/Asset Pricing and Optimal Portfolio Choice in the Presence of Illiquid Durable Consumption Goods.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/Grossman, Laroque/Asset Pricing and Optimal Portfolio Choice in the Presence of Illiquid Durable Consumption Goods(2).pdf:pdf}, - issn = 00129682, - journal = {Econometrica}, - month = {jan}, - number = 1, - pages = 25, - publisher = {National Bureau of Economic Research Cambridge, Mass., USA}, - title = {{Asset Pricing and Optimal Portfolio Choice in the Presence of Illiquid Durable Consumption Goods}}, - url = {https://www.jstor.org/stable/2938333?origin=crossref https://www.nber.org/papers/w2369}, - volume = 58, - year = 1990 -} - -@article{glLiquidity2017, - abstract = {We study the effects of a credit crunch on consumer spending in a heterogeneous-agent incomplete-market model. After an unexpected permanent tightening in consumers' borrowing capacity, constrained consumers are forced to repay their debt, and unconstrained consumers increase their precautionary savings. This depresses interest rates, especially in the short run, and generates an output drop, even with flexible prices. The output drop is larger with sticky prices, if the zero lower bound prevents the interest rate from adjusting downward. Adding durable goods to the model, households take larger debt positions and the output response can be larger.}, - author = {Guerrieri, Veronica and Lorenzoni, Guido}, - doi = {10.1093/qje/qjx005}, - issn = 15314650, - journal = {Quarterly Journal of Economics}, - keywords = {models-wanted}, - month = {aug}, - number = 3, - pages = {1427--1467}, - title = {{Credit crises, precautionary savings, and the liquidity trap}}, - url = {https://academic.oup.com/qje/article/132/3/1427/3071924}, - volume = 132, - year = 2017 -} - -@article{guiso2008a, - abstract = {We study the effect that a general lack of trust can have on stock market participation. In deciding whether to buy stocks, investors factor in the risk of being cheated. The perception of this risk is a function of the objective characteristics of the stocks and the subjective characteristics of the investor. Less trusting individuals are less likely to buy stock and, conditional on buying stock, they will buy less. In Dutch and Italian micro data, as well as in cross-country data, we find evidence consistent with lack of trust being an important factor in explaining the limited participation puzzle. {\textcopyright} 2008 The American Finance Association.}, - author = {Guiso, Luigi and Sapienza, Paola and Zingales, Luigi}, - doi = {10.1111/j.1540-6261.2008.01408.x}, - issn = 00221082, - journal = {Journal of Finance}, - month = {dec}, - number = 6, - pages = {2557--2600}, - title = {{Trusting the stock market}}, - url = {https://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.2008.01408.x}, - volume = 63, - year = 2008 -} - -@incollection{Guiso2013, - abstract = {Household finance-the normative and positive study of how households use financial markets to achieve their objectives-has gained a lot of attention over the past decade and has become a field with its own identity, style, and agenda. In this chapter we review its evolution and most recent developments. {\textcopyright} 2013 Elsevier B.V.}, - author = {Guiso, Luigi and Sodini, Paolo}, - booktitle = {Handbook of the Economics of Finance}, - doi = {10.1016/B978-0-44-459406-8.00021-4}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Guiso, Sodini/Household Finance An Emerging Field.pdf:pdf}, - issn = 15740102, - keywords = {Consumer financial regulation,Debt decision,Financial literacy,Financial mistakes,Household finance,Portfolio allocation}, - number = {PB}, - pages = {1397--1532}, - title = {{Household Finance: An Emerging Field}}, - url = {https://www.sciencedirect.com/science/article/pii/B9780444594068000214 https://linkinghub.elsevier.com/retrieve/pii/B9780444594068000214}, - volume = 2, - year = 2013 -} - -@article{GulerInfoTech2015, - abstract = {In this paper I analyze the effects of innovations in information technology on the mortgage and housing markets using a life-cycle model with incomplete markets and idiosyncratic income, as well as moving and house price shocks. I explicitly model the housing tenure choices of households. Lenders offer individual-specific mortgage contracts to home buyers, and the terms of these contracts are endogenously determined. I find that, as lenders have better information about the households, the average mortgage premium, foreclosure rate, and homeownership rate all increase while average down payment decreases. Hence, improvements in information technology can rationalize the relaxation of mortgage credit terms, which has been suggested as one of the main reasons for the latest financial crisis.}, - author = {Guler, Bulent}, - doi = {10.1016/j.red.2014.09.007}, - issn = 10942025, - journal = {Review of Economic Dynamics}, - keywords = {Asymmetric information,Default,Housing,Mortgage contract}, - month = {jul}, - number = 3, - pages = {456--483}, - title = {{Innovations in information technology and the mortgage market}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S1094202514000568}, - volume = 18, - year = 2015 -} - -@article{hallAEA2001, - author = {Hall, Robert E.}, - doi = {10.1257/aer.91.2.1}, - issn = 00028282, - journal = {American Economic Review}, - month = {may}, - number = 2, - pages = {1--11}, - title = {{Richard T. Ely lecture: Struggling to understand the stock market}}, - url = {https://www.aeaweb.org/articles?id=10.1257/aer.91.2.1 https://pubs.aeaweb.org/doi/10.1257/aer.91.2.1}, - volume = 91, - year = 2001 -} - -@techreport{HallNBER2014, - abstract = {The financial crisis and ensuing Great Recession left the US economy in an injured state. In 2013, output was 13{\%} below its trend path from 1990 through 2007. Part of this shortfall— 2.2 percentage points out of the 13—was the result of lingering slackness in the labor market in the form of abnormal unemployment and substandard weekly hours of work. The single biggest contributor was a shortfall in business capital, which accounted for 3.9 percentage points. The second largest was a shortfall of 3.5 percentage points in total factor productivity. The fourth was a shortfall of 2.4 percentage points in labor- force participation. I discuss these four sources of the injury in detail, focusing on identifying state variables that may or may not return to earlier growth paths. The conclusion is optimistic about the capital stock and slackness in the labor market and pessimistic about reversing the declines in total- factor productivity and the part of the participation shortfall not associated with the weak labor market.}, - annote = {tex.series: Working Paper Series}, - author = {Hall, Robert E.}, - booktitle = {NBER Macroeconomics Annual}, - doi = {10.1086/680584}, - institution = {National Bureau of Economic Research}, - issn = 15372642, - month = {jan}, - number = 1, - pages = {71--128}, - title = {{Quantifying the lasting harm to the US economy from the financial crisis}}, - type = {Working {\{}Paper{\}}}, - url = {http://www.nber.org/papers/w20183 https://www.journals.uchicago.edu/doi/10.1086/680584}, - volume = 29, - year = 2014 -} - -@article{harding2007a, - abstract = {The rate at which physical capital depreciates is fundamental to investment in the economy. Nevertheless, although housing capital accounts for one-third of the total capital stock, the rate at which housing capital depreciates has only rarely been directly estimated, in part because prior studies do not control for maintenance. For that same reason, widely publicized measures of house price appreciation overstate the capital gain from homeownership. Using data from the American Housing Survey we examine these issues. Over the 1983 to 2001 period, results indicate that gross of maintenance, housing depreciates at roughly 2.5 percent per year, while net of maintenance, housing depreciates at approximately 2 percent per year. Moreover, although the typical home appreciated at an annual real rate of roughly 0.75 percent, after allowing for depreciation and maintenance, the average homeowner experienced little capital gain. {\textcopyright} 2006 Elsevier Inc. All rights reserved.}, - author = {Harding, John P. and Rosenthal, Stuart S. and Sirmans, C. F.}, - doi = {10.1016/j.jue.2006.07.007}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Harding, Rosenthal, Sirmans/Depreciation of housing capital, maintenance, and house price inflation Estimates from a repeat sales model.pdf:pdf}, - issn = 00941190, - journal = {Journal of Urban Economics}, - month = {mar}, - number = 2, - pages = {193--217}, - publisher = {Academic Press}, - title = {{Depreciation of housing capital, maintenance, and house price inflation: Estimates from a repeat sales model}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S0094119006000763}, - volume = 61, - year = 2007 -} - -@article{HarrisRaviv1993, - abstract = {A model of trading in speculative markets is developed based on differences of opinion among traders. Our purpose is to explain some of the empirical regularities that have been documented concerning the relationship between volume and price and the time-series properties of price and volume. We assume that traders share common prior beliefs and receive common information but differ in the way in which they interpret this information. Some results are that absolute price changes and volume are positively correlated, consecutive price changes exhibit negative serial correlation, and volume is positively autocorrelated.}, - author = {Harris, Milton and Raviv, Artur}, - doi = {10.1093/rfs/5.3.473}, - issn = {0893-9454}, - journal = {Review of Financial Studies}, - month = {jul}, - number = 3, - pages = {473--506}, - title = {{Differences of Opinion Make a Horse Race}}, - url = {https://academic.oup.com/rfs/article-lookup/doi/10.1093/rfs/5.3.473}, - volume = 6, - year = 1993 -} - -@article{Heaton1997, - abstract = {We examine a decision theoretic model of portfolio choice in which investors face income risk that is not directly insurable. We consider the sensitivity of savings and portfolio allocation rules to different assumptions about utility, the stochastic process for income and asset returns, and market frictions (transactions costs and short-sale constraints). Under CRRA time additive utility, habit persistence utility, and for a broad range of parameterizations, the model predicts that investors wish to borrow and invest all of their savings in stocks. This qualitative implication is robust to the introduction of significant transaction costs in the stock market, and contrasts sharply with portfolio allocation models in which there is no labor income.}, - author = {Heaton, John and Lucas, Deborah}, - doi = {10.1017/s1365100597002034}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Heaton, Lucas/Market frictions, savings behavior, and portfolio choice.pdf:pdf}, - issn = 13651005, - journal = {Macroeconomic Dynamics}, - keywords = {Market Frictions,Portfolio Choice,Portfolio Management,Savings Behavior}, - number = 1, - pages = {76--101}, - title = {{Market frictions, savings behavior, and portfolio choice}}, - url = {https://www.cambridge.org/core/journals/macroeconomic-dynamics/article/market-frictions-savings-behavior-and-portfolio-choice/DE1F05F34B5AD74D9B7CFADCA3C85153}, - volume = 1, - year = 1997 -} - -@article{heaton2000portfolio, - abstract = {In this paper, we focus on how the presence of background risks - from sources such as labour and entrepreneurial income - influences portfolio allocations. This interaction is explored in a theoretical model that is calibrated using cross-sectional data from a variety of sources. The model is shown to be consistent with some but not all aspects of cross-sectional observations of portfolio holdings. The paper also provides a survey of the extensive theoretical and empirical literature on portfolio choice.}, - author = {Heaton, John and Lucas, Deborah}, - doi = {10.1111/1468-0297.00488}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Heaton, Lucas/Portfolio choice in the presence of background risk.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/Heaton, Lucas/Portfolio choice in the presence of background risk(2).pdf:pdf}, - issn = 00130133, - journal = {Economic Journal}, - month = {jan}, - number = 460, - pages = {1--26}, - publisher = {Oxford University Press Oxford, UK}, - title = {{Portfolio choice in the presence of background risk}}, - url = {https://academic-oup-com.proxy.lib.ohio-state.edu/ej/article/110/460/1/5139994 https://academic.oup.com/ej/article/110/460/1-26/5139994 https://academic.oup.com/ej/article-abstract/110/460/1/5139994}, - volume = 110, - year = 2000 -} - -@article{heaton2000portfolio, - abstract = {Using cross-sectional data from the SCF and Tax Model, we show that entrepreneurial income risk has a significant influence on portfolio choice and asset prices. We find that households with high and variable business income hold less wealth in stocks than other similarly wealthy households, although they constitute a significant fraction of the stockholding population. Similarly for nonentrepreneurs, holding stock in the firm where one works reduces the portfolio share of other common stocks. Finally, we show that adding proprietary income to a linear asset pricing model improves its performance over a similar model that includes only wage income.}, - author = {Heaton, John and Lucas, Deborah}, - doi = {10.1111/0022-1082.00244}, - issn = 00221082, - journal = {Journal of Finance}, - month = {jun}, - number = 3, - pages = {1163--1198}, - publisher = {Wiley Online Library}, - title = {{Portfolio choice and asset prices: The importance of entrepreneurial risk}}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/0022-1082.00244?casa{\_}token=nxYuxuDgmKoAAAAA:xZaJ{\_}y{\_}mucW{\_}PSap9wH92nqLSrPbbolOQq{\_}ufOK7pEqu7KltkLQz9RYP4snfZ5J4zL4zL9YIHIP7hg http://doi.wiley.com/10.1111/0022-1082.00244}, - volume = 55, - year = 2000 -} - -@article{himmelbergEtAl2005, - abstract = {How does one tell when rapid growth in house prices is caused by fundamental factors of supply and demand and when it is an unsustainable bubble? In this paper, we explain how to assess the state of house prices—both whether there is a bubble and what underlying factors support housing demand—in a way that is grounded in economic theory. In doing so, we correct four common fallacies about the costliness of the housing market. For a number of reasons, conventional metrics for assessing pricing in the housing market such as price-to-rent ratios or price-to-income ratios generally fail to reflect accurately the state of housing costs. To the eyes of analysts employing such measures, housing markets can appear “exuberant” even when houses are in fact reasonably priced. We construct a measure for evaluating the cost of home owning that is standard for economists—the imputed annual rental cost of owning a home, a variant of the user cost of housing—and apply it to 25 years of history across a wide variety of housing markets. This calculation enables us to estimate the time pattern of housing costs within a market. As of the end of 2004, our analysis reveals little evidence of a housing bubble.}, - author = {Himmelberg, Charles and Mayer, Christopher and Sinai, Todd}, - doi = {10.1257/089533005775196769}, - issn = 08953309, - journal = {Journal of Economic Perspectives}, - month = {nov}, - number = 4, - pages = {67--92}, - title = {{Assessing high house prices: Bubbles, fundamentals and misperceptions}}, - url = {https://www.aeaweb.org/articles?id=10.1257/089533005775196769 https://pubs.aeaweb.org/doi/10.1257/089533005775196769}, - volume = 19, - year = 2005 -} - -@article{Hu2005, - abstract = {In this paper, I show that introducing frictions associated with housing into standard life-cycle models can partially resolve the portfolio choice puzzle. I calibrate a model in which a representative household endogenously transits from renting to mortgage-financed homeownership. The household can later adjust housing status either voluntarily or because of a forced move, by paying transaction costs. It is shown that homeownership crowds out stock market participation: risky owner-occupied housing substitutes for stocks while bonds provide liquidity. Young and middle-aged households, regardless of whether they are currently homeowners, hold much less stock than predicted by traditional models without housing. {\textcopyright} 2005 Elsevier Inc. All rights reserved.}, - author = {Hu, Xiaoqing}, - doi = {10.1016/j.jue.2005.02.002}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Hu/Portfolio choices for homeowners.pdf:pdf}, - issn = 00941190, - journal = {Journal of Urban Economics}, - keywords = {Homeownership,Portfolio choices}, - month = {jul}, - number = 1, - pages = {114--136}, - publisher = {Academic Press}, - title = {{Portfolio choices for homeowners}}, - url = {https://www.sciencedirect.com/science/article/pii/S0094119005000148 https://linkinghub.elsevier.com/retrieve/pii/S0094119005000148}, - volume = 58, - year = 2005 -} - -@article{Kaplan2017a, - abstract = {We build a model of the US economy with multiple aggregate shocks that generate fluctuations in equilibrium house prices. Through coun-terfactual experiments, we study the housing boom-bust around the Great Recession, with three main results. First, the main driver of movements in house prices and rents was a shift in beliefs, not a change in credit conditions. Second, the boom-bust in house prices explains half of the corresponding swings in nondurable expenditures through a wealth effect. Third, a large-scale debt forgiveness program would have done little to temper the collapse of house prices and expenditures but would have dramatically reduced foreclosures and induced a small, but persistent, increase in consumption during the recovery.}, - address = {Cambridge, MA}, - author = {Kaplan, Greg and Mitman, Kurt and Violante, Giovanni L.}, - doi = {10.1086/708816}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Kaplan, Mitman, Violante/The housing boom and bust Model meets evidence.pdf:pdf}, - institution = {National Bureau of Economic Research}, - issn = {1537534X}, - journal = {Journal of Political Economy}, - month = {sep}, - number = 9, - pages = {3285--3345}, - title = {{The housing boom and bust: Model meets evidence}}, - url = {http://www.nber.org/papers/w23694.pdf https://www.journals.uchicago.edu/doi/10.1086/708816}, - volume = 128, - year = 2020 -} - -@article{Leahy2018, - abstract = {We revisit the transmission mechanism from monetary policy to household consumption in a Heterogeneous Agent New Keynesian (HANK) model. The model yields empirically realistic distributions of wealth and marginal propensities to consume because of two features: uninsurable income shocks and multiple assets with different degrees of liquidity and different returns. In this environment, the indirect effects of an unexpected cut in interest rates, which operate through a general equilibrium increase in labor demand, far outweigh direct effects such as intertemporal substitution. This finding is in stark contrast to small- and medium-scale Representative Agent New Keynesian (RANK) economies, where the substitution channel drives virtually all of the transmission from interest rates to consumption. Failure of Ricardian equivalence implies that, in HANK models, the fiscal reaction to the monetary expansion is a key determinant of the overall size of the macroeconomic response.}, - archivePrefix ={arXiv}, - arxivId = {arXiv:1011.1669v3}, - author = {Kaplan, Greg and Moll, Benjamin and Violante, Giovanni L.}, - doi = {10.1257/aer.20160042}, - eprint = {arXiv:1011.1669v3}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Kaplan, Moll, Violante/Monetary policy according to HANK.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/Kaplan, Moll, Violante/Monetary policy according to HANK.pdf:pdf;:C$\backslash$:/Users/alujan/Mendeley/Kaplan, Moll, Violante/Monetary policy according to HANK.pdf:pdf}, - isbn = 9788578110796, - issn = 00028282, - journal = {American Economic Review}, - keywords = {cepr and nber,consumption,e-mail gkaplan,e-mail moll,edu,heterogeneous agents,inequality,kaplan,liquidity,models-wanted,moll,monetary policy,nber,new keynesian,princeton,princeton uni-,princeton university,uchicago,university of chicago and,versity and nber,violante}, - month = {mar}, - number = 3, - pages = {697--743}, - pmid = 25246403, - title = {{Monetary policy according to HANK}}, - url = {https://doi.org/10.1257/aer.20160042 https://pubs.aeaweb.org/doi/10.1257/aer.20160042}, - volume = 108, - year = 2018 -} - -@book{minskey1986, - abstract = {Mycotoxins are small (MW approximately 700), toxic chemical products formed as secondary metabolites by a few fungal species that readily colonise crops and contaminate them with toxins in the field or after harvest. Ochratoxins and Aflatoxins are mycotoxins of major significance and hence there has been significant research on broad range of analytical and detection techniques that could be useful and practical. Due to the variety of structures of these toxins, it is impossible to use one standard technique for analysis and/or detection. Practical requirements for high-sensitivity analysis and the need for a specialist laboratory setting create challenges for routine analysis. Several existing analytical techniques, which offer flexible and broad-based methods of analysis and in some cases detection, have been discussed in this manuscript. There are a number of methods used, of which many are lab-based, but to our knowledge there seems to be no single technique that stands out above the rest, although analytical liquid chromatography, commonly linked with mass spectroscopy is likely to be popular. This review manuscript discusses (a) sample pre-treatment methods such as liquid-liquid extraction (LLE), supercritical fluid extraction (SFE), solid phase extraction (SPE), (b) separation methods such as (TLC), high performance liquid chromatography (HPLC), gas chromatography (GC), and capillary electrophoresis (CE) and (c) others such as ELISA. Further currents trends, advantages and disadvantages and future prospects of these methods have been discussed.}, - address = {New Haven}, - author = {Karamouzis, Nicholas and Minsky, Hyman P.}, - booktitle = {Southern Economic Journal}, - doi = {10.2307/1059346}, - issn = 00384038, - month = {oct}, - number = 2, - pages = 506, - publisher = {Yale University Press}, - title = {{Stabilizing an Unstable Economy}}, - url = {https://www.jstor.org/stable/1059346?origin=crossref}, - volume = 54, - year = 1987 -} - -@techreport{KrivenkoUandHousing, - abstract = {This paper evaluates the role of unemployment scarring and fear thereof for the recent U.S. housing bust. I study a quantitative lifecycle model of the housing market, which features an income process that is consistent with the large and long-lasting impact of unemployment on future earnings documented in recent empirical work. The model features exogenous moving shocks consistent with survey evidence which shows that many households move for reasons unrelated to their financial situation. These shocks reduce the selection into moving, thereby amplifying the quantitative importance of unemployment shocks and tighter credit conditions in the recent bust. The reason is that movers are more sensitive to labor market and credit conditions because they are younger, have lower wealth, and less secure jobs. Housing policies such as mortgage subsidies help stabilize prices and reduce foreclosures, even if only a small fraction of homeowners receive them. ∗I}, - author = {Krivenko, Pavel}, - booktitle = {Economic {\&} Social Review}, - institution = {Stanford University}, - keywords = {models-wanted}, - pages = {1--43}, - title = {{Unemployment and the U.S. Housing Market during the Great Recession}}, - type = {working paper}, - url = {http://www.stanford.edu/{~}pavelkr/jmp.pdf}, - year = 2018 -} - -@incollection{kmpHandbook2016, - abstract = {The goal of this chapter is to study how, and by how much, household income, wealth, and preference heterogeneity amplify and propagate a macroeconomic shock. We focus on the US Great Recession of 2007–09 and proceed in two steps. First, using data from the Panel Study of Income Dynamics, we document the patterns of household income, consumption, and wealth inequality before and during the Great Recession. We then investigate how households in different segments of the wealth distribution were affected by income declines, and how they changed their expenditures differentially during the aggregate downturn. Motivated by this evidence, we study several variants of a standard heterogeneous household model with aggregate shocks and an endogenous cross-sectional wealth distribution. Our key finding is that wealth inequality can significantly amplify the impact of an aggregate shock, and it does so if the distribution features a sufficiently large fraction of households with very little net worth that sharply increase their saving (ie, they are not hand-to mouth) as the recession hits. We document that both these features are observed in the PSID. We also investigate the role that social insurance policies, such as unemployment insurance, play in shaping the cross-sectional income and wealth distribution, and through it, the dynamics of business cycles.}, - author = {Krueger, D. and Mitman, K. and Perri, F.}, - booktitle = {Handbook of Macroeconomics}, - doi = {10.1016/bs.hesmac.2016.04.003}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Krueger, Mitman, Perri/Macroeconomics and Household Heterogeneity.pdf:pdf}, - isbn = 9780444594877, - issn = 15740048, - keywords = {Recessions,Social insurance,Wealth inequality}, - pages = {843--921}, - title = {{Macroeconomics and Household Heterogeneity}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S1574004816300039}, - volume = 2, - year = 2016 -} - -@article{kumhofEtAl2015, - abstract = {The paper studies how high household leverage and crises can be caused by changes in the income distribution. Empirically, the periods 1920-1929 and 1983-2008 both exhibited a large increase in the income share of high-income households, a large increase in debt leverage of low- and middle-income households, and an eventual financial and real crisis. The paper presents a theoretical model where higher leverage and crises are the endogenous result of a growing income share of high-income households. The model matches the profiles of the income distribution, the debt-to-income ratio and crisis risk for the three decades preceding the Great Recession.}, - author = {Kumhof, Michael and Ranci{\`{e}}re, Romain and Winant, Pablo}, - doi = {10.1257/aer.20110683}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Kumhof, Ranci{\`{e}}re, Winant/Inequality, Leverage, and Crises.pdf:pdf}, - issn = 19447981, - journal = {American Economic Review}, - keywords = {models-wanted}, - month = {mar}, - number = 3, - pages = {1217--1245}, - publisher = {American Economic Association}, - title = {{Inequality, leverage, and crises}}, - url = {https://pubs.aeaweb.org/doi/10.1257/aer.20110683 https://www.aeaweb.org/articles?id=10.1257/aer.20110683 https://pubs.aeaweb.org/doi/10.1257/aer.20110683}, - volume = 105, - year = 2015 -} - -@article{LeBlanc2004, - abstract = {This paper investigates the impact of housing demand on the composition of the optimal portfolios of homeowners in France, following the methodology developed by Flavin and Yamashita (NBER Working Paper 6389, 2002). We use historical data on housing prices and financial assets returns to estimate the mean return and covariance matrix of a set of assets including housing. We then calculate mean-variance efficient frontiers associated to various levels of the housing-to-net wealth ratio, corresponding to the average ratios observed for different age groups in the 1998 French Wealth Survey sample. Our numerical results fit the average portfolios in different age brackets quite well. Also, returns of housing and its covariance with the other assets indicate there is room in France for housing price derivatives.}, - author = {{Le Blanc}, David and Lagarenne, Christine}, - doi = {10.1023/B:REAL.0000036673.64928.7f}, - issn = 08955638, - journal = {Journal of Real Estate Finance and Economics}, - keywords = {efficient frontiers,homeownership,housing price derivatives,mean-variance portfolio}, - number = 3, - pages = {259--275}, - title = {{Owner-occupied housing and the composition of the household portfolio: The case of France}}, - url = {https://pubs.aeaweb.org/doi/abs/10.1257/000282802760015775}, - volume = 29, - year = 2004 -} - -@techreport{leamer2007, - annote = {tex.series: Jackson Hole Symposium}, - author = {Leamer, E. E.}, - booktitle = {The Evidence and Impact of Financial Globalization}, - doi = {10.1016/B978-0-12-397874-5.00047-6}, - institution = {Federal Reserve Bank of Kansas City}, - isbn = 9780123978745, - month = {aug}, - pages = {589--643}, - publisher = {Elsevier}, - title = {{Housing Is the Business Cycle}}, - type = {Working {\{}Paper{\}}}, - url = {https://www.kansascityfed.org/publicat/sympos/2007/PDF/Leamer{\_}0415.pdf https://linkinghub.elsevier.com/retrieve/pii/B9780123978745000476}, - year = 2013 -} - -@article{Li2007, - abstract = {We develop a life-cycle model that explicitly incorporates the dual feature of housing as both a consumption good and an investment asset. Our analysis indicates that the consumption and welfare consequences of house price changes on individual households vary significantly. In particular, the non-housing consumption of young and old homeowners is much more sensitive to house price changes than that of middle-aged homeowners. More importantly, while house price appreciation increases the net worth and consumption of all homeowners, it only improves the welfare of old homeowners. Renters and young homeowners are worse off due to higher lifetime housing consumption costs. {\textcopyright} 2007 The Ohio State University.}, - author = {Li, Wenli and Yao, Rui}, - doi = {10.1111/j.1538-4616.2007.00071.x}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Li, Yao/The life-cycle effects of house price changes.pdf:pdf}, - issn = 00222879, - journal = {Journal of Money, Credit and Banking}, - keywords = {Consumption,Housing,Life-cycle model,Mortgage,Savings}, - month = {sep}, - number = 6, - pages = {1375--1409}, - publisher = {John Wiley {\&} Sons, Ltd}, - title = {{The life-cycle effects of house price changes}}, - url = {https://onlinelibrary-wiley-com.proxy.lib.ohio-state.edu/doi/full/10.1111/j.1538-4616.2007.00071.x https://onlinelibrary-wiley-com.proxy.lib.ohio-state.edu/doi/abs/10.1111/j.1538-4616.2007.00071.x https://onlinelibrary-wiley-com.proxy.lib.ohio-state.edu/d}, - volume = 39, - year = 2007 -} - -@article{MalmendierNagel2011, - abstract = {We investigate whether individual experiences of macroeconomic shocks affect financial risk taking, as often suggested for the generation that experienced the Great Depression. Using data from the Survey of Consumer Finances from 1960 to 2007, we find that individuals who have experienced low stock market returns throughout their lives so far report lower willingness to take financial risk, are less likely to participate in the stock market, invest a lower fraction of their liquid assets in stocks if they participate, and are more pessimistic about future stock returns. Those who have experienced low bond returns are less likely to own bonds. Results are estimated controlling for age, year effects, and house hold characteristics. More recent return experiences have stronger effects, particularly on younger people. {\textcopyright} The Author(s) 2011. Published by Oxford University Press, on behalf of President and Fellows of Harvard College. All rights reserved.}, - author = {Malmendier, Ulrike and Nagel, Stefan}, - doi = {10.1093/qje/qjq004}, - issn = 15314650, - journal = {Quarterly Journal of Economics}, - month = {feb}, - number = 1, - pages = {373--416}, - title = {{Depression Babies: Do Macroeconomic Experiences Affect Risk Taking?}}, - url = {https://academic.oup.com/qje/article/126/1/373/1901343 https://academic.oup.com/qje/article-lookup/doi/10.1093/qje/qjq004}, - volume = 126, - year = 2011 -} - -@article{Merton1969, - abstract = {I Introduction OST models of portfolio selection have M been one-period models. I examine the combined problem of optimal portfolio selec-tion and consumption rules for an individual in a continuous-time model whzere his income is generated by returns on assets and these re-turns or instantaneous "growth rates" are sto-chastic. P. A. Samuelson has developed a sim-ilar model in discrete-time for more general probability distributions in a companion paper [8]. I derive the optimality equations for a multi-asset problem when the rate of returns are generated by a Wiener Brownian-motion proc-ess. A particular case examined in detail is the two-asset model with constant relative risk-aversion or iso-elastic marginal utility. An explicit solution is also found for the case of constant absolute risk-aversion. The general technique employed can be used to examine a wide class of intertemporal economic problems under uncertainty. In addition to the Samuelson paper [8], there is the multi-period analysis of Tobin [9]. Phelps [6] has a model used to determine the optimal consumption rule for a multi-period example where income is partly generated by an asset with an uncertain return. Mirrless [5] has developed a continuous-time optimal con-sumption model of the neoclassical type with technical progress a random variable. II Dynamics of the Model: The Budget Equation In the usual continuous-time model under certainty, the budget equation is a differential equation. However, when uncertainty is intro-duced by a random variable, the budget equa-tion must be generalized to become a stochastic differential equation. To see the meaning of such an equation, it is easiest to work out the discrete-time version and then pass to the limit of continuous time. Define W(t) total wealth at time t Xi(t) price of the ith asset at time t, (i 1, . . . ,m)}, - author = {Merton, Robert C.}, - doi = {10.2307/1926560}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Merton/Lifetime Portfolio Selection under Uncertainty The Continuous-Time Case.pdf:pdf}, - issn = 00346535, - journal = {The Review of Economics and Statistics}, - month = {aug}, - number = 3, - pages = 247, - title = {{Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case}}, - url = {https://www.jstor.org/stable/1926560 https://www.jstor.org/stable/1926560?origin=crossref}, - volume = 51, - year = 1969 -} - -@article{MianSufiKhoshkhou2018, - abstract = {We examine how consumption responds to changes in sentiment regarding government economic policy using cross-sectional variation across counties in the ideological predisposition of constituents. When the incumbent party loses a presidential election, individuals in counties more ideologically predisposed toward the losing party experience a dramatic and discontinuous relative decrease in optimism on government economic policy. Using the interaction of constituent ideology in a county with election timing as an instrument, we estimate the impact of government policy sentiment shocks on consumer spending, and we find a very small effect that cannot be statistically distinguished from zero. The small magnitude of the effect is estimated precisely. For example, we can reject the hypothesis that pessimism regarding government economic policy effectiveness during the Great Recession had as large an effect on consumption as the negative shock to household net worth coming from the collapse in house prices.}, - author = {Mian, Atif R. and Sufi, Amir and Khoshkhou, Nasim}, - doi = {10.2139/ssrn.2620828}, - institution = {The University of Chicago Booth School of Business}, - issn = {0898-2937}, - journal = {SSRN Electronic Journal}, - title = {{Government Economic Policy, Sentiments, and Consumption}}, - type = {working paper}, - url = {http://www.ssrn.com/abstract=2620828}, - year = 2015 -} - -@article{MianSufi2017, - abstract = {An increase in the household debt to GDP ratio predicts lower GDP growth and higher unemployment in the medium run for an unbalanced panel of 30 countries from 1960 to 2012. Low mortgage spreads are associated with an increase in the household debt to GDP ratio and a decline in subsequent GDP growth, highlighting the importance of credit supply shocks. Economic forecasters systematically overpredict GDP growth at the end of household debt booms, suggesting an important role of flawed expectations formation. The negative relation between the change in household debt to GDP and subsequent output growth is stronger for countries with less flexible exchange rate regimes. We also uncover a global household debt cycle that partly predicts the severity of the global growth slowdown after 2007. Countries with a household debt cycle more correlated with the global household debt cycle experience a sharper decline in growth after an increase in domestic household debt.}, - author = {Mian, Atif and Sufi, Amir and Verner, Emil}, - doi = {10.1093/qje/qjx017}, - issn = 15314650, - journal = {Quarterly Journal of Economics}, - month = {nov}, - number = 4, - pages = {1755--1817}, - title = {{Household debt and business cycles worldwide}}, - url = {https://academic.oup.com/qje/article/132/4/1755/3854928}, - volume = 132, - year = 2017 -} - -@article{HarrisonKreps1978, - author = {{Michael Harrison}, J. and Kreps, David M.}, - doi = {10.2307/1884166}, - issn = 15314650, - journal = {Quarterly Journal of Economics}, - month = {may}, - number = 2, - pages = {323--336}, - title = {{Speculative Investor Behavior In A Stock Market With Heterogeneous Expectations}}, - url = {https://academic.oup.com/qje/article-lookup/doi/10.2307/1884166}, - volume = 92, - year = 1978 -} - -@article{Miller1977, - author = {Miller, Edward M.}, - doi = {10.1111/j.1540-6261.1977.tb03317.x}, - issn = 15406261, - journal = {The Journal of Finance}, - month = {sep}, - number = 4, - pages = {1151--1168}, - title = {{Risk, Uncertainty, and Divergence of Opinion}}, - url = {http://doi.wiley.com/10.1111/j.1540-6261.1977.tb03317.x https://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.1977.tb03317.x}, - volume = 32, - year = 1977 -} - -@article{nakajima2005rising, - abstract = {This paper studies the effects of the U.S. rising earnings inequality between the late 1960s and the mid 1990s on the portfolio allocation and prices of assets. In order to investigate the link, a life-cycle general equilibrium model is constructed where distinct characteristics of the housing asset is explicitly modeled and asset prices are determined in equilibrium. It is shown that the model can produce a 9{\%} rise in the housing price, which is about 40{\%} of the changes in the U.S. data (24{\%}). An increased demand for precautionary savings and the general equilibrium effect play a crucial role here. A higher earnings volatility induces a higher demand for financial assets. As the return of financial assets declines due to the general equilibrium effect, the demand for housing assets increases as well. The paper also examines the effects of the rising earnings inequality on the aggregate amount of debt. Interestingly, contrary to the U.S. data, the model predicts a decline in the total amount of secured debt. A higher earnings volatility induces a higher amount of debt in complete markets models, but an increased demand for savings for precautionary motive dominates the positive effect to the amount of debt. The model also shows that incorporating housing assets into the model does not make a significant difference in the effect of the rising earnings inequality on the consumption inequality.}, - author = {Nakajima, Makoto}, - doi = {10.2139/ssrn.1480816}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Nakajima/Rising Earnings Instability, Portfolio Choice, and Housing Prices.pdf:pdf}, - issn = {1556-5068}, - journal = {SSRN Electronic Journal}, - keywords = {Debt,General equilibrium,House price,Income inequality,Incomplete markets,Makoto Nakajima,Portfolio Choice,Rising Earnings Instability,SSRN,and Housing Prices}, - month = {jul}, - publisher = {Elsevier BV}, - title = {{Rising Earnings Instability, Portfolio Choice, and Housing Prices}}, - url = {https://papers-ssrn-com.proxy.lib.ohio-state.edu/abstract=1480816 http://www.ssrn.com/abstract=1480816}, - year = 2011 -} - -@article{Ortalo-Magne2006, - abstract = {We propose a life-cycle model of the housing market with a property ladder and a credit constraint. We focus on equilibria that replicate the facts that credit constraints delay some households' first home purchase and force other households to buy a home smaller than they would like. The model helps us identify a powerful driver of the housing market: the ability of young households to afford the down payment on a starter home, and in particular their income. The model also highlights a channel whereby changes in income may yield housing price overreaction, with prices of trade-up homes displaying the most volatility, and a positive correlation between housing prices and transactions. This channel relies on the capital gains or losses on starter homes incurred by credit-constrained owners. We provide empirical support for our arguments with evidence from both the U.K. and the U.S. {\textcopyright} 2006 The Review of Economic Studies Limited.}, - author = {Ortalo-Magn{\'{e}}, Fran{\c{c}}ois and Sven, Rady}, - doi = {10.1111/j.1467-937X.2006.383_1.x}, - issn = 00346527, - journal = {Review of Economic Studies}, - number = 2, - pages = {459--485}, - title = {{Housing market dynamics: On the contribution of income shocks and credit constraints}}, - url = {https://academic.oup.com/restud/article-abstract/73/2/459/1522669}, - volume = 73, - year = 2006 -} - -@article{Paz2021, - abstract = {Earnings are riskier and more unequal for households born in the 1960s and 1980s than for those born in the 1940s. Despite the improvements in financial conditions, younger generations are less likely to be living in their own homes than older generations at the same age. By using a life-cycle model with housing and portfolio choice that includes flexible earnings risk and aggregate asset price risk, I show that changes in earnings dynamics account for a large part of the reduction in homeownership across generations. Lower-income households find it harder to buy housing, and as a result accumulate less wealth.}, - author = {Paz-Pardo, Gonzalo}, - doi = {10.2139/ssrn.3797142}, - issn = {1556-5068}, - journal = {Ssrn}, - keywords = {Aggregate Human Capital,Aggregate Labor Productivity,Consumption,Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy,Distribution,Employment,Financial Economics,General Financial Markets,Intergenerational Income Distribution,Investment Decisions,Labor and Demographic Economics,Macroeconomics and Monetary Economics,Microeconomics,Personal Income, Wealth, and Their Distributions,Portfolio Choice,Saving,Unemployment,Wage Differentials,Wage Level and Structure,Wages,Wages, Compensation, and Labor Costs,Wealth}, - pages = {1--87}, - publisher = {ECB Working Paper}, - title = {{Homeownership and Portfolio Choice over the Generations}}, - url = {https://www.ssrn.com/abstract=3797142}, - year = 2021 -} - -@article{pstHousing2007, - abstract = {This paper considers a consumption-based asset pricing model where housing is explicitly modeled both as an asset and as a consumption good. Nonseparable preferences describe households' concern with composition risk, that is, fluctuations in the relative share of housing in their consumption basket. Since the housing share moves slowly, a concern with composition risk induces low frequency movements in stock prices that are not driven by news about cash flow. Moreover, the model predicts that the housing share can be used to forecast excess returns on stocks. We document that this indeed true in the data. The presence of composition risk also implies that the riskless rate is low which further helps the model improve on the standard CCAPM. {\textcopyright} 2006 Elsevier B.V. All rights reserved.}, - author = {Piazzesi, Monika and Schneider, Martin and Tuzel, Selale}, - doi = {10.1016/j.jfineco.2006.01.006}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Piazzesi, Schneider, Tuzel/Housing, consumption and asset pricing.pdf:pdf}, - issn = {0304405X}, - journal = {Journal of Financial Economics}, - keywords = {Consumption-based asset pricing,Housing,Real estate,Return predictability}, - month = {mar}, - number = 3, - pages = {531--569}, - publisher = {North-Holland}, - title = {{Housing, consumption and asset pricing}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S0304405X06002005 https://www.sciencedirect.com/science/article/pii/S0304405X06002005?casa{\_}token=537xI-xwwPUAAAAA:19dYSq-BFFk{\_}mSM{\_}{\_}swtIyL5BP{\_}OX8ea2h-F853PF2Wd4{\_}NYQVqbzR5fH4O-bnQmsu7djfDN https://www.sciencedire}, - volume = 83, - year = 2007 -} - -@article{Polkovnichenko2007, - abstract = {This article explores the implications of additive and endogenous habit formation preferences in the context of a life-cycle model of an investor who has stochastic uninsurable labor income. To solve the model, I analytically derive the habit-wealth feasibility constraints and show that they depend on the worst possible path of future labor income and on the habit strength, but not on the probability of the worst income. When there is only a slim chance of a severe income shock, the model implies much more conservative portfolios. The model also predicts that for some low to moderately wealthy households, the portfolio share allocated to stocks increases with wealth. Because of this feature, the model can generate more conservative portfolios for younger than for middle-aged households. The effects of habits on portfolio choice are robust to income smoothing through borrowing or flexible labor supply. One controversial finding is that for high values of the habit strength parameter, usually required for the resolution of asset pricing puzzles in general equilibrium, the life-cycle model predicts counterfactually high wealth accumulation. {\textcopyright} The Author 2006. Published by Oxford University Press on behalf of The Society for Financial Studies. All rights reserved.}, - author = {Polkovnichenko, Valery}, - doi = {10.1093/rfs/hhl006}, - issn = 08939454, - journal = {Review of Financial Studies}, - month = {jan}, - number = 1, - pages = {83--124}, - title = {{Life-cycle portfolio choice with additive habit formation preferences and uninsurable labor income risk}}, - url = {https://academic.oup.com/rfs/article-abstract/20/1/83/1588217 https://academic.oup.com/rfs/article-lookup/doi/10.1093/rfs/hhl006}, - volume = 20, - year = 2007 -} - -@book{rouwenhorst1995a, - abstract = {{\ldots} Second, it pro- vides a simple description of business cycle conditions, because the choice of p and q affects the expected {\ldots} This can be modeled by simulating a Markov process for A., as in (28), with p and q both equal to 0.50 {\ldots} This ratio should be unity in the continuous economy {\ldots}}, - address = {Cooley, Princeton}, - author = {Rouwenhorst, K. Geert}, - booktitle = {Frontiers of Business Cycle Research}, - doi = {10.2307/j.ctv14163jx.16}, - editor = {Researchby, T}, - month = {sep}, - pages = {294--330}, - publisher = {Princeton University Press}, - title = {{Asset Pricing Implications of Equilibrium Business Cycle Models}}, - url = {http://www.jstor.org/stable/10.2307/j.ctv14163jx.16}, - year = 2020 -} - -@article{Samuelson1969, - abstract = {The article presents information on lifetime portfolio selection by dynamic stochastic programming. Most analyses of portfolio selection, whether they are of the Markowitz-Tobin mean-variance or of more general type, maximize over one period. The present lifetime model reveals that investing for many periods does not itself introduce extra tolerance for riskiness at early, or any, stages of life. The model denies the validity of the concept of businessman's risk, for isoelastic marginal utilities, in your prime of life you have the same relative risk-tolerance as toward the end of life. The "chance to recoup" and tendency for the law of large numbers to operate in the case of repeated investments is not relevant. The analysis for marginal utility with elasticity differing from that of Bernoulli provides an effective counter example, if indeed a counter example is needed to refute a gratuitous assertion.}, - author = {Samuelson, Paul A.}, - doi = {10.2307/1926559}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Samuelson/Lifetime Portfolio Selection By Dynamic Stochastic Programming.pdf:pdf}, - isbn = 9789812773654, - issn = 00346535, - journal = {The Review of Economics and Statistics}, - month = {aug}, - number = 3, - pages = 239, - pmid = 4643126, - title = {{Lifetime Portfolio Selection By Dynamic Stochastic Programming}}, - url = {https://www.jstor.org/stable/1926559 https://www.jstor.org/stable/1926559?origin=crossref http://www.jstor.org/stable/10.2307/1926559}, - volume = 51, - year = 1969 -} - -@article{ScheinkmanXiong2003, - abstract = {Motivated by the behavior of asset prices, trading volume, and price volatility during episodes of asset price bubbles, we present a continuous-time equilibrium model in which overconfidence generates disagreements among agents regarding asset fundamentals. With shortsale constraints, an asset buyer acquires an option to sell the asset to other agents when those agents have more optimistic beliefs. As in a paper by Harrison and Kreps, agents pay prices that exceed their own valuation of future dividends because they believe that in the future they will find a buyer willing to pay even more. This causes a significant bubble component in asset prices even when small differences of beliefs are sufficient to generate a trade. In equilibrium, bubbles are accompanied by large trading volume and high price volatility. Our analysis shows that while Tobin's tax can substantially reduce speculative trading when transaction costs are small, it has only a limited impact on the size of the bubble or on price volatility.}, - author = {Scheinkman, Jos{\'{e}} A. and Xiong, Wei}, - doi = {10.1086/378531}, - issn = 00223808, - journal = {Journal of Political Economy}, - month = {dec}, - number = 6, - pages = {1183--1219}, - title = {{Overconfidence and speculative bubbles}}, - url = {https://www.journals.uchicago.edu/doi/10.1086/378531}, - volume = 111, - year = 2003 -} - -@article{Silos2007, - abstract = {This paper investigates the properties of the wealth distribution and the portfolio composition regarding housing and equity holdings, and their relationship to macroeconomic shocks. To this end, I construct a business cycle model in which agents differ in age, income and wealth. Housing provides shelter services and serves as collateral for loans. The model is consistent with several facts such as the life-cycle pattern of housing-to-wealth ratios, the larger degree of concentration for non-housing wealth, the smaller weight of housing in richer households' portfolios as well as the larger housing-to-wealth ratios in recessions. In addition, the model shows that while relaxing the collateral constraint does not impact the business cycle dynamics for the entire economy, it significantly alters the behavior of residential and business investment for the younger and poorer fraction of the population. {\textcopyright} 2006 Elsevier B.V. All rights reserved.}, - author = {Silos, Pedro}, - doi = {10.1016/j.jedc.2006.09.009}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Silos/Housing, portfolio choice and the macroeconomy.pdf:pdf}, - issn = 01651889, - journal = {Journal of Economic Dynamics and Control}, - keywords = {Business cycles,Heterogeneity,Life-cycle}, - month = {aug}, - number = 8, - pages = {2774--2801}, - publisher = {North-Holland}, - title = {{Housing, portfolio choice and the macroeconomy}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S0165188906001813}, - volume = 31, - year = 2007 -} - -@article{Simsek2013, - abstract = {Belief disagreements have been suggested as a major contributing factor to the recent subprime mortgage crisis. This paper theoretically evaluates this hypothesis. I assume that optimists have limited wealth and take on leverage so as to take positions in line with their beliefs. To have a significant effect on asset prices, they need to borrow from traders with pessimistic beliefs using loans collateralized by the asset itself. Since pessimists do not value the collateral as much as optimists do, they are reluctant to lend, which provides an endogenous constraint on optimists' ability to borrow and to influence asset prices. I demonstrate that the tightness of this constraint depends on the nature of belief disagreements. Optimism concerning the probability of downside states has no or little effect on asset prices because these types of optimism are disciplined by this constraint. Instead, optimism concerning the relative probability of upside states could have significant effects on asset prices. This asymmetric disciplining effect is robust to allowing for short selling because pessimists that borrow the asset face a similar endogenous constraint. These results emphasize that what investors disagree about matters for asset prices, to a greater extent than the level of disagreements. When richer contracts are available, relatively complex contracts that resemble some of the recent financial innovations in the mortgage market endogenously emerge to facilitate betting.}, - author = {Simsek, Alp}, - doi = {10.3982/ecta9956}, - issn = {0012-9682}, - journal = {Econometrica}, - number = 1, - pages = {1--53}, - title = {{Belief Disagreements and Collateral Constraints}}, - url = {http://doi.wiley.com/10.3982/ECTA9956}, - volume = 81, - year = 2013 -} - -@article{Sinai2005, - abstract = {The conventional wisdom that homeownership is very risky ignores the fact that the alternative, renting, is also risky. Owning a house provides a hedge against fluctuations in housing costs, but in turn introduces asset price risk. In a simple model of tenure choice with endogenous house prices, we show that the net risk of owning declines with a household's expected horizon in its house and with the correlation in housing costs in future locations. Empirically, we find that both house prices, relative to rents, and the probability of homeownership increase with net rent risk. {\textcopyright} 2005 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.}, - author = {Sinai, Todd and Souleles, Nicholas S.}, - doi = {10.1162/0033553053970197}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Sinai, Souleles/Owner-occupied housing as a hedge against rent risk.pdf:pdf}, - issn = 00335533, - journal = {Quarterly Journal of Economics}, - number = 2, - pages = {763--789}, - title = {{Owner-occupied housing as a hedge against rent risk}}, - url = {https://academic.oup.com/qje/article-abstract/120/2/763/1933972}, - volume = 120, - year = 2005 -} - -@article{Slacalek2009, - abstract = {I investigate the effect of wealth on consumption in a new dataset with financial and housing wealth from 16 countries. The baseline estimation method based on the sluggishness of consumption growth implies that the eventual (long-run) marginal propensity to consume out of total wealth is 5 cents (averaged across countries). While the wealth effects are quite strong - between 4 and 6 cents - in countries with more developed mortgage markets and in market-based, Anglo-Saxon and non euro area economies, consumption only barely reacts to wealth elsewhere. The effect of housing wealth is somewhat smaller than that of financial wealth for most countries, but not for the U.S. and the UK. The housing wealth effect has risen substantially after 1988 as it has become easier to borrow against housing wealth. Copyright {\textcopyright} 2009 The Berkeley Electronic Press. All rights reserved.}, - author = {Slacalek, Jiri}, - doi = {10.2202/1935-1690.1555}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Slacalek/What drives personal consumption the role of housing and financial wealth.pdf:pdf}, - issn = 19351690, - journal = {B.E. Journal of Macroeconomics}, - keywords = {Consumption dynamics,Housing prices,Wealth effect}, - number = 1, - publisher = {Walter de Gruyter GmbH}, - title = {{What drives personal consumption? the role of housing and financial wealth}}, - url = {https://www.degruyter.com/document/doi/10.2202/1935-1690.1555/html}, - volume = 9, - year = 2009 -} - -@article{stokey2009moving, - abstract = {The substantial adjustment cost for housing affects nondurable consumption and portfolio allocations, as well as the frequency of housing transactions. A simple theoretical model, roughly calibrated, is used to assess the quantitative impact of adjustment costs on those decisions. The impact on portfolios is found to be significant, suggesting that housing wealth should be useful in empirical studies of portfolio choice. The welfare loss from the transaction cost is also substantial. The effect on nondurable consumption is small, however, so adjustment costs can explain only a small part of the equity premium puzzle. {\textcopyright} 2009 Elsevier Inc. All rights reserved.}, - author = {Stokey, Nancy L.}, - doi = {10.1016/j.jet.2009.10.008}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Stokey/Moving costs, nondurable consumption and portfolio choice.pdf:pdf}, - issn = 00220531, - journal = {Journal of Economic Theory}, - keywords = {Adjustment cost,Durable goods,Equity premium puzzle,Housing,Portfolio choice}, - month = {nov}, - number = 6, - pages = {2419--2439}, - publisher = {Elsevier}, - title = {{Moving costs, nondurable consumption and portfolio choice}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S0022053109001227}, - volume = 144, - year = 2009 -} - -@book{Stokey2014, - abstract = {P}, - author = {Stokey, Nancy L.}, - booktitle = {The Economics of Inaction}, - doi = {10.1515/9781400829811}, - month = {dec}, - publisher = {Princeton University Press}, - title = {{The Economics of Inaction}}, - url = {https://www.degruyter.com/document/doi/10.1515/9781400829811/html}, - year = 2014 -} - -@article{vestman2019a, - abstract = {The stock market participation rate among homeowners is twice as high as among renters. This paper builds a life-cycle portfolio choice model with endogenous housing tenure choice. A stylized form of preference heterogeneity generates a substantial difference in participation rates. A majority of households have a large savings motive and choose to be homeowners and participate. A minority of households have a small savings motive and find it less worthwhile to participate. Fewer of these households become homeowners. Difference-in-difference regressions on panel data do not find evidence of a crowding-out effect of homeownership on participation, supporting the message that preference heterogeneity matters.}, - author = {Vestman, Roine}, - doi = {10.1093/rfs/hhy089}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Vestman/Limited stock market participation among renters and homeowners.pdf:pdf}, - issn = 14657368, - journal = {Review of Financial Studies}, - month = {apr}, - number = 4, - pages = {1494--1535}, - publisher = {Oxford Academic}, - title = {{Limited stock market participation among renters and homeowners}}, - url = {https://academic-oup-com.proxy.lib.ohio-state.edu/rfs/article/32/4/1494/5069022 https://academic.oup.com/rfs/article/32/4/1494/5069022}, - volume = 32, - year = 2019 -} - -@article{viceira2001optimal, - abstract = {This paper examines how risky labor income and retirement affect optimal portfolio choice. With idiosyncratic labor income risk, the optimal allocation to stocks is unambiguously larger for employed investors than for retired investors, consistent with the typical recommendations of investment advisors. Increasing idiosyncratic labor income risk raises investors' willingness to save and reduces their stock portfolio allocation towards the level of retired investors. Positive correlation between labor income and stock returns has a further negative effect and can actually reduce stockholdings below the level of retired investors.}, - author = {Viceira, Luis M.}, - doi = {10.1111/0022-1082.00333}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Viceira/Optimal portfolio choice for long-horizon investors with nontradable labor income.pdf:pdf}, - issn = 00221082, - journal = {Journal of Finance}, - month = {apr}, - number = 2, - pages = {433--470}, - publisher = {Wiley Online Library}, - title = {{Optimal portfolio choice for long-horizon investors with nontradable labor income}}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/0022-1082.00333?casa{\_}token=uH5ox3jju0YAAAAA:PUOxfzrQZdcQTKB0BpYT8e8i7uuX5lxlNzf{\_}vLNbyesPpA7k-mj-Gsb2sGJshQQOqNLkQNU{\_}JbPKTQ http://doi.wiley.com/10.1111/0022-1082.00333 https://onlinelibrary-wiley-com.proxy.l}, - volume = 56, - year = 2001 -} - -@article{wachter2010a, - abstract = {We develop a life-cycle consumption and portfolio choice model in which households have nonhomothetic utility over two types of goods, basic and luxury. We calibrate the model to match the cross-sectional and life-cycle variation in the basic expenditure share in the Consumer Expenditure Survey. The model explains the degree to which the portfolio share in risky assets rises in wealth in the cross-section of households in the Survey of Consumer Finances. For a given household, the portfolio share can fall in response to an increase in wealth, even though the model implies decreasing relative risk aversion. {\textcopyright} 2010 The Author.}, - author = {Wachter, Jessica A. and Yogo, Motohiro}, - doi = {10.1093/rfs/hhq092}, - issn = 08939454, - journal = {Review of Financial Studies}, - month = {nov}, - number = 11, - pages = {3929--3965}, - title = {{Why do household portfolio shares rise in wealth?}}, - url = {https://academic.oup.com/rfs/article-lookup/doi/10.1093/rfs/hhq092}, - volume = 23, - year = 2010 -} - -@article{yamashita2003owner, - abstract = {This paper analyzes the empirical link between housing investment and stockholding by testing implications of the model of Flavin and Yamashita [American Economic Review 92 (2002) 345-362]. Their model illustrates how the house-to-net-worth ratio influences a homeowner's portfolio composition. Regression estimates suggest that there is a strong relationship between housing investment and stockholding, and the house-to-net-worth ratio could explain certain heterogeneity in stockholding. Households with a high house-to-net-worth ratio hold a lower proportion in stocks. The results support the hypothesis that overinvestment in housing affects financial portfolio of homeowners. {\textcopyright} 2003 Elsevier Science (USA). All rights reserved.}, - author = {Yamashita, Takashi}, - doi = {10.1016/S0094-1190(02)00514-4}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Yamashita/Owner-occupied housing and investment in stocks An empirical test.pdf:pdf}, - issn = 00941190, - journal = {Journal of Urban Economics}, - keywords = {Asset demand,Housing demand,Life-cycle model,Portfolio choice}, - month = {mar}, - number = 2, - pages = {220--237}, - publisher = {Elsevier}, - title = {{Owner-occupied housing and investment in stocks: An empirical test}}, - url = {https://linkinghub.elsevier.com/retrieve/pii/S0094119002005144}, - volume = 53, - year = 2003 -} - -@article{yao2005optimal, - abstract = {We examine the optimal dynamic portfolio decisions for investors who acquire housing services from either renting or owning a house. Our results show that when indifferent between owning and renting, investors owning a house hold a lower equity proportion in their net worth (bonds, stocks, and home equity), reflecting the substitution effect, yet hold a higher equity proportion in their liquid portfolios (bonds and stocks), reflecting the diversification effect. Furthermore, following the suboptimal policy of always renting leads investors to overweigh in stocks, while following the suboptimal policy of always owning a house causes investors to underweigh in stocks.}, - author = {Yao, Rui and Zhang, Harold H.}, - doi = {10.1093/rfs/hhh007}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Yao, Zhang/Optimal consumption and portfolio choices with risky housing and borrowing constraints.pdf:pdf}, - issn = 08939454, - journal = {Review of Financial Studies}, - month = {mar}, - number = 1, - pages = {197--239}, - publisher = {Oxford University Press}, - title = {{Optimal consumption and portfolio choices with risky housing and borrowing constraints}}, - url = {https://academic.oup.com/rfs/article-lookup/doi/10.1093/rfs/hhh007 https://academic.oup.com/rfs/article-abstract/18/1/197/1592265}, - volume = 18, - year = 2005 -} - -@article{yogo2016portfolio, - abstract = {In a life-cycle model, a retiree faces stochastic health depreciation and chooses consumption, health expenditure, and the allocation of wealth between bonds, stocks, and housing. The model explains key facts about asset allocation and health expenditure across health status and age. The portfolio share in stocks is low overall and is positively related to health, especially for younger retirees. The portfolio share in housing is negatively related to health for younger retirees and falls significantly in age. Finally, out-of-pocket health expenditure as a share of income is negatively related to health and rises in age.}, - author = {Yogo, Motohiro}, - doi = {10.1016/j.jmoneco.2016.04.008}, - file = {:C$\backslash$:/Users/alujan/Mendeley/Yogo/Portfolio choice in retirement Health risk and the demand for annuities, housing, and risky assets.pdf:pdf}, - issn = 03043932, - journal = {Journal of Monetary Economics}, - keywords = {Aging,Asset allocation,Life-cycle model,Medical expenditure,Saving}, - month = {jun}, - pages = {17--34}, - publisher = {Elsevier}, - title = {{Portfolio choice in retirement: Health risk and the demand for annuities, housing, and risky assets}}, - url = {https://www.sciencedirect.com/science/article/pii/S0304393216300204?casa{\_}token=Hav2uPaMusoAAAAA:7UTj2bJNxmKbwkj4L5QBKV81zUSuu9GmyQN59IWcDJPtMhh2SH{\_}vJZv4KDh4yAlCxKFRteis https://linkinghub.elsevier.com/retrieve/pii/S0304393216300204}, - volume = 80, - year = 2016 -} - -@article{yaari1965uncertain, - title = {Uncertain lifetime, life insurance, and the theory of the consumer}, - author = {Yaari, Menahem E}, - journal = {The Review of Economic Studies}, - volume = 32, - number = 2, - pages = {137--150}, - year = 1965, - publisher = {JSTOR} -} - -@misc{violante_marginal_2021, - author = {Violante, Gianluca }, - title = {The {Marginal} {Propensity} to {Consume} in {Macroeconomics}}, - year = 2021, - howpublished = {JJ Laffont Lecture, EEA-ESEM Congress}, -} - -@article{harmenbergInvariant, - title = {Agg{\-}re{\-}gat{\-}ing hetero{\-}gen{\-}eous-agent mod{\-}els with per{\-}manent in{\-}come shocks}, - journal = {Journal of Economic Dynamics and Control}, - volume = 129, - pages = 104185, - year = 2021, - issn = {0165-1889}, - doi = {https://doi.org/10.1016/j.jedc.2021.104185}, - url = {https://www.sciencedirect.com/science/article/pii/S0165188921001202}, - author = {Karl Harmenberg}, - abstract = {I introduce a method for simulating aggregate dynamics of heterogeneous-agent models where log permanent income follows a random walk. The idea is to simulate the model using a counterfactual permanent-income-neutral measure which incorporates the effect that permanent income shocks have on macroeconomic aggregates. With the permanent-income-neutral measure, one does not need to keep track of the permanent-income distribution. The permanent-income-neutral measure is both useful for the analytical characterization of aggregate consumption-savings behavior and for simulating numerical models. Furthermore, it is trivial to implement with a few lines of code.} -} - -@article{dmHowMuch, - title = {How much consumption insurance in the US?}, - author = {Hryshko, Dmytro and Manovskii, Iourii}, - journal = {Manuscript, University of Alerta}, - year = 2020, - month = {August}, - url = {http://www.artsrn.ualberta.ca/econweb/hryshko/Papers/HryshkoManovskii-how-much-aug25-2020.pdf} -} - -@techreport{dhmImproving, - title = {Improving the measurement of earnings dynamics}, - author = {Daly, Moira and Hryshko, Dmytro and Manovskii, Iourii}, - year = 2016, - institution = {National Bureau of Economic Research} -} - -@article{Pandemic, - title = {Modeling the consumption response to the CARES Act}, - author = {Carroll, Christopher D and Crawley, Edmund and Sla{\-}calek, Jiri and White, Matthew N}, - year = 2021, - month = {March}, - journal = {International Journal of Central Banking}, - volume = 67, - url = {https://econ-ark.github.io/Pandemic/}, - note = {Available at \href{https://econ-ark.github.io/Pandemic/}{econ-ark.github.io/Pandemic}}, -} - -@article{Ameriks2020jbes, - author = {John Ameriks and Gabor Kezdi and Minjoon Lee and Matthew D. Shapiro}, - title = {Heterogeneity in Expectations, Risk Tolerance, and Household Stock Shares: The Attenuation Puzzle}, - journal = {Journal of Business \& Economic Statistics}, - volume = 38, - number = 3, - pages = {633-646}, - year = 2020, - publisher = {Taylor & Francis}, - doi = {10.1080/07350015.2018.1549560}, - note = {PMID: 32982033}, - URL = {https://doi.org/10.1080/07350015.2018.1549560}, - eprint = {https://doi.org/10.1080/07350015.2018.1549560} -} - -@article{Ameriks2020jpe, - author = {Ameriks, John and Briggs, Joseph and Caplin, Andrew and Shapiro, Matthew D. and Tonetti, Christopher}, - title = {Long-Term-Care Utility and Late-in-Life Saving}, - journal = {Journal of Political Economy}, - volume = 128, - number = 6, - pages = {2375-2451}, - year = 2020, - doi = {10.1086/706686}, - URL = { https://doi.org/10.1086/706686 }, - eprint = { https://doi.org/10.1086/706686 } -, - abstract = { Older wealth holders spend down assets much more slowly than predicted by classic life-cycle models. This paper introduces health-dependent utility into a model with incomplete markets in which preferences for bequests, expenditures when in need of long-term care, and ordinary consumption combine with health and longevity uncertainty to explain saving behavior. To sharply identify motives, it develops strategic survey questions (SSQs) that elicit stated preferences. The model is estimated using these SSQs and wealth data from the Vanguard Research Initiative. The desire to self-insure against long-term-care risk explains a substantial fraction of the wealth holding of many older Americans. } -} - -@article{Cocco2005rfs, - author = {Cocco, Joao F. and Gomes, Francisco J. and Maenhout, Pascal J.}, - title = "{Consumption and Portfolio Choice over the Life Cycle}", - journal = {The Review of Financial Studies}, - volume = 18, - number = 2, - pages = {491-533}, - year = 2005, - month = 02, - abstract = "{This article solves a realistically calibrated life cycle model of consumption and portfolio choice with non-tradable labor income and borrowing constraints. Since labor income substitutes for riskless asset holdings, the optimal share invested in equities is roughly decreasing over life. We compute a measure of the importance of human capital for investment behavior. We find that ignoring labor income generates large utility costs, while the cost of ignoring only its risk is an order of magnitude smaller, except when we allow for a disastrous labor income shock. Moreover, we study the implications of introducing endogenous borrowing constraints in this incomplete-markets setting.}", - issn = {0893-9454}, - doi = {10.1093/rfs/hhi017}, - url = {https://doi.org/10.1093/rfs/hhi017}, - eprint = {http://oup.prod.sis.lan/rfs/article-pdf/18/2/491/24421441/hhi017.pdf}, -} - -@article{Dominitz2007jeea, - author = {Dominitz, Jeff and Manski, Charles F.}, - title = {Expected Equity Returns and Portfolio Choice: Evidence from the Health and Retirement Study}, - journal = {Journal of the European Economic Association}, - volume = 5, - number = {2‐3}, - pages = {369-379}, - doi = {10.1162/jeea.2007.5.2-3.369}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1162/jeea.2007.5.2-3.369}, - eprint = {https://onlinelibrary.wiley.com/doi/pdf/10.1162/jeea.2007.5.2-3.369}, - abstract = {Abstract To provide an empirical basis for the study of expectations, we have undertaken survey research measuring in probabilistic terms the beliefs that Americans hold about equity returns in the year ahead. This paper presents new findings on the expected returns reported in the 2004 Health and Retirement Study. We find substantial heterogeneity of reported beliefs, but, strikingly, nearly two-thirds of respondents report no better than a 50–50 chance of a positive nominal return. As in our earlier work, expected returns decline with age and are higher for men than for women. We find here that the probability of holding stocks increases substantially as the perceived chance of a positive return increases. These findings are potentially of considerable importance for portfolio choice. (JEL: G1, D1, D8)}, - year = 2007 -} - -@article{Dominitz2011jae, - author = {Dominitz, Jeff and Manski, Charles F.}, - title = {Measuring and interpreting expectations of equity returns}, - journal = {Journal of Applied Econometrics}, - volume = 26, - number = 3, - pages = {352-370}, - doi = {10.1002/jae.1225}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1002/jae.1225}, - eprint = {https://onlinelibrary.wiley.com/doi/pdf/10.1002/jae.1225}, - abstract = {Abstract We analyze probabilistic expectations of equity returns elicited in the Survey of Economic Expectations in 1999–2001 and in the Michigan Survey of Consumers in 2002–2004. Our empirical findings suggest that individuals use interpersonally variable but intrapersonally stable processes to form their expectations. We therefore propose to think of the population as a mixture of expectations types, each forming expectations in a stable but different way. We use our expectations data to learn about the prevalence of several specific types suggested by research in finance. Copyright © 2010 John Wiley \& Sons, Ltd.}, - year = 2011 -} - -@article{Shleifer2014rfs, - author = {Greenwood, Robin and Shleifer, Andrei}, - title = "{Expectations of Returns and Expected Returns}", - journal = {The Review of Financial Studies}, - volume = 27, - number = 3, - pages = {714-746}, - year = 2014, - month = 01, - abstract = "{We analyze time series of investor expectations of future stock market returns from six data sources between 1963 and 2011. The six measures of expectations are highly positively correlated with each other, as well as with past stock returns and with the level of the stock market. However, investor expectations are strongly negatively correlated with model-based expected returns. The evidence is not consistent with rational expectations representative investor models of returns.}", - issn = {0893-9454}, - doi = {10.1093/rfs/hht082}, - url = {https://doi.org/10.1093/rfs/hht082}, - eprint = {https://academic.oup.com/rfs/article-pdf/27/3/714/24449380/hht082.pdf}, -} - -@article{Malmendier2011qje, - author = {Malmendier, Ulrike and Nagel, Stefan}, - title = "{Depression Babies: Do Macroeconomic Experiences Affect Risk Taking?*}", - journal = {The Quarterly Journal of Economics}, - volume = 126, - number = 1, - pages = {373-416}, - year = 2011, - month = 02, - abstract = "{We investigate whether individual experiences of macroeconomic shocks affect financial risk taking, as often suggested for the generation that experienced the Great Depression. Using data from the Survey of Consumer Finances from 1960 to 2007, we find that individuals who have experienced low stock market returns throughout their lives so far report lower willingness to take financial risk, are less likely to participate in the stock market, invest a lower fraction of their liquid assets in stocks if they participate, and are more pessimistic about future stock returns. Those who have experienced low bond returns are less likely to own bonds. Results are estimated controlling for age, year effects, and household characteristics. More recent return experiences have stronger effects, particularly on younger people.}", - issn = {0033-5533}, - doi = {10.1093/qje/qjq004}, - url = {https://doi.org/10.1093/qje/qjq004}, - eprint = {http://oup.prod.sis.lan/qje/article-pdf/126/1/373/17088890/qjq004.pdf}, -} - -@article{Malmendier2015qje, - author = {Malmendier, Ulrike and Nagel, Stefan}, - title = "{ Learning from Inflation Experiences *}", - journal = {The Quarterly Journal of Economics}, - volume = 131, - number = 1, - pages = {53-87}, - year = 2015, - month = 10, - abstract = "{ How do individuals form expectations about future inflation? We propose that individuals overweight inflation experienced during their lifetimes. This approach modifies existing adaptive learning models to allow for age-dependent updating of expectations in response to inflation surprises. Young individuals update their expectations more strongly than older individuals since recent experiences account for a greater share of their accumulated lifetime history. We find support for these predictions using 57 years of microdata on inflation expectations from the Reuters/Michigan Survey of Consumers. Differences in experiences strongly predict differences in expectations, including the substantial disagreement between young and old individuals in periods of highly volatile inflation, such as the 1970s. It also explains household borrowing and lending behavior, including the choice of mortgages. }", - issn = {0033-5533}, - doi = {10.1093/qje/qjv037}, - url = {https://doi.org/10.1093/qje/qjv037}, - eprint = {https://academic.oup.com/qje/article-pdf/131/1/53/30636088/qjv037.pdf}, -} - -@article{Manski2004ecta, - author = {Manski, Charles F.}, - title = {Measuring Expectations}, - journal = {Econometrica}, - volume = 72, - number = 5, - pages = {1329-1376}, - keywords = {Choice analysis, beliefs, subjective probabilities, survey research}, - doi = {10.1111/j.1468-0262.2004.00537.x}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1468-0262.2004.00537.x}, - eprint = {https://onlinelibrary.wiley.com/doi/pdf/10.1111/j.1468-0262.2004.00537.x}, - abstract = {To predict choice behavior, the standard practice of economists has been to infer decision processes from data on observed choices. When decision makers act with partial information, economists typically assume that persons form probabilistic expectations for unknown quantities and maximize expected utility. Observed choices may be consistent with many alternative specifications of preferences and expectations, so researchers commonly assume particular sorts of expectations. It would be better to measure expectations in the form called for by modern economic theory; that is, subjective probabilities. Data on expectations can be used to relax or validate assumptions about expectations. Since the early 1990's, economists have increasingly undertaken to elicit from survey respondents probabilistic expectations of significant personal events. This article discusses the history underlying the new literature, describes some of what has been learned thus far, and looks ahead towards making further progress.}, - year = 2004 -} - -@inbook{Manski2017nber, - title = "Survey Measurement of Probabilistic Macroeconomic Expectations: Progress and Promise", - author = "Charles F. Manski", - BookTitle = "NBER Macroeconomics Annual 2017, volume 32", - Publisher = "University of Chicago Press", - pages = "411-471", - year = 2017, - month = "April", - doi = {10.1086/696061}, - URL = "http://www.nber.org/chapters/c13907", -} - -@article{Shiller1996res, - ISSN = {00346535, 15309142}, - URL = {http://www.jstor.org/stable/2109855}, - abstract = {Why did the Japanese stock market lose most of its value between 1989 and 1992? To help us answer this and related questions, we have collected parallel time series data from market participants in both Japan and the United States 1989-94 on their expectations, attitudes, and theories. Substantial variability within countries through time in these data and, notably, dramatic differences across countries in expectations were found. While no unambiguous explanation of the Japanese crash emerges from the results, we do find a clear relation of the crash to changes in Japanese price expectations and speculative strategies.}, - author = {Robert J. Shiller and Fumiko Kon-Ya and Yoshiro Tsutsui}, - journal = {The Review of Economics and Statistics}, - number = 1, - pages = {156--164}, - publisher = {The MIT Press}, - title = {Why Did the Nikkei Crash? Expanding the Scope of Expectations Data Collection}, - volume = 78, - year = 1996 -} - -@article{Shiller2000jpfm, - author = { Robert J. Shiller }, - title = {Measuring Bubble Expectations and Investor Confidence}, - journal = {Journal of Psychology and Financial Markets}, - volume = 1, - number = 1, - pages = {49-60}, - year = 2000, - publisher = {Routledge}, - doi = {10.1207/S15327760JPFM0101\_05}, - URL = { https://doi.org/10.1207/S15327760JPFM0101_05 }, - eprint = { https://doi.org/10.1207/S15327760JPFM0101_05 } -} - -@article{schmitt2003closing, - title = {Closing small open economy models}, - author = {Schmitt-Groh{\'e}, Stephanie and Uribe, Mart{\i}n}, - journal = {Journal of international Economics}, - volume = 61, - number = 1, - pages = {163--185}, - year = 2003, - publisher = {Elsevier} -} - -@misc{maTodaRich, - title = {A Theory of the Saving Rate of the Rich}, - author = {Qingyin Ma and Alexis Akira Toda}, - year = 2020, - eprint = {2005.02379}, - journal = {arXiv}, - primaryClass = {econ.TH} -} - -@book{hendricksBequests, - title = {Bequests and Retirement Wealth in the United States}, - author = {Hendricks, Lutz}, - journal = {Manuscript, University of Arizona}, - publisher = {University of Arizona}, - year = 2001, - url = {https://lhendricks.org/Research/wps/bequdata_paper.pdf} -} - -@book{riehl2017category, - title = {Category theory in context}, - author = {Riehl, Emily}, - year = 2017, - publisher = {Courier Dover Publications} -} - -@article{zwiebelLeisure, - author = {Zweibel, T.~Herman}, - url = {https://www.theonion.com/180-trillion-leisure-hours-lost-to-work-last-year-1819567706}, - title = {180 Trillion Leisure Hours Lost To Work Last Year}, - journal = {The Onion}, - volume = 41, - issue = 5, - year = 2005, - note = {Available \href{https://www.theonion.com/180-trillion-leisure-hours-lost-to-work-last-year-1819567706}{here}}, -} - -https://lhendricks.org/econ821/wealth/wealth_bequ_sl.pdf - -@article{hendricksSmallBequests, - title = {Wealth Distribution and Bequests}, - author = {Lutz Hendricks}, - journal = {Lecture Notes, Economics 821, University of North Carolina}, - year = 2016, - url = {https://lhendricks.org/econ821/wealth/wealth_bequ_sl.pdf} -} - -@article{brown2008don, - title = {Why don't people insure late-life consumption? A framing explanation of the under-annuitization puzzle}, - author = {Brown, Jeffrey R and Kling, Jeffrey R and Mullainathan, Sendhil and Wrobel, Marian V}, - journal = {American Economic Review}, - volume = 98, - number = 2, - pages = {304--09}, - year = 2008 -} - -@article{pashchenko2013accounting, - title = {Accounting for non-annuitization}, - author = {Pashchenko, Svetlana}, - journal = {Journal of Public Economics}, - volume = 98, - pages = {53--67}, - year = 2013, - publisher = {Elsevier} -} - -@article{bayer2019precautionary, - title = {Precautionary savings, illiquid assets, and the aggregate consequences of shocks to household income risk}, - author = {Bayer, Christian and L{\"u}tticke, Ralph and Pham-Dao, Lien and Tjaden, Volker}, - journal = {Econometrica}, - volume = 87, - number = 1, - pages = {255--290}, - year = 2019, - publisher = {Wiley Online Library} -} - -@article{seater1997optimal, - title = {An optimal control solution to the liquidity constraint problem}, - author = {Seater, John J}, - journal = {Economics Letters}, - volume = 54, - number = 2, - pages = {127--134}, - year = 1997, - publisher = {Elsevier} -} - -@misc{matthew_n_white_2017_1001068, - author = {Christopher D Carroll and Matt{\-}hew N White and Team Econ-ARK}, - title = {econ-ark/HARK: 0.8.0}, - month = Oct, - year = 2017, - doi = {10.5281/zenodo.1001068}, - url = {https://doi.org/10.5281/zenodo.1001068}, - note = {Available at via doi:10.5281/zenodo.1001068 or at \url{https://doi.org/10.5281/zenodo.1001068}} -} - -@article{LiqConstr, - title = {Liquidity constraints and precautionary saving}, - author = {Carroll, Christopher D and Holm, Martin B and Kimball, Miles S}, - journal = {Journal of Economic Theory}, - volume = 195, - pages = 105276, - year = 2021, - url = {https://llorracc.github.io/LiqConstr}, - note = {Available at \href{https://llorracc.github.io/LiqConstr}{llorracc.github.io/LiqConstr}}, - doi = {10.5281/zenodo.4073652} -} - -@article{mstIncFluct, - title = {The income fluctuation problem and the evolution of wealth}, - author = {Ma, Qingyin and Stachurski, John and Toda, Alexis Akira}, - journal = {Journal of Economic Theory}, - volume = 187, - year = 2020, - publisher = {Elsevier} -} - -@Article{StachurskiToda2019JET, - author = {Stachurski, John and Toda, Alexis Akira}, - title = {An Impossibility Theorem for Wealth in Heterogeneous-Agent Models with Limited Heterogeneity}, - journal = {Journal of Economic Theory}, - year = 2019, - volume = 182, - pages = {1-24}, - month = jul, - doi = {10.1016/j.jet.2019.04.001}, -} - -@Unpublished{MaTodaMPC, - author = {Ma, Qingyin and Toda, Alexis Akira}, - title = {Asymptotic Marginal Propensity to Consume}, - year = 2020, - url = {https://arxiv.org/abs/2002.09108}, - note = {Manuscript, Australian National University} -} - -@Article{MaStachurskiToda2020JET, - author = {Ma, Qingyin and Stachurski, John and Toda, Alexis Akira}, - title = {The Income Fluctuation Problem and the Evolution of Wealth}, - journal = {Journal of Economic Theory}, - year = 2020, - volume = 187, - pages = 105003, - month = may, - doi = {10.1016/j.jet.2020.105003}, -} - -@article{crawleyMicroMacro, - title={Consumption heterogeneity: Micro drivers and macro implications}, - author={Crawley, Edmund and Kuchler, Andreas}, - year={2022}, - journal={American Economic Journal: Macro (forthcoming)} -} - -@article{carroll_sticky_2020, - author = {Carroll, Christopher D. and Crawley, Edmund and Sla{\-}ca{\-}lek, Jiri and To{\-}ku{\-}o{\-}ka, Ki{\-}ichi and White, Matt{\-}hew N.}, - journal = {American {Economic} {Journal:} {Macroeconomics}}, - title = {Sticky {Expectations} and {Consumption} {Dynamics}}, - year = 2020, - abstract = {Macroeconomic models often invoke consumption “habits” to explain the substantial persistence of aggregate consumption growth. But a large literature has found no evidence of habits in microeconomic datasets that measure the behavior of individual households. We show that the apparent conflict can be explained by a model in which consumers have accurate knowledge of their personal circumstances but ‘sticky expectations’ about the macroeconomy. In our model, the persistence of aggregate consumption growth reflects consumers’ imperfect attention to aggregate shocks. Our proposed degree of (macro) inattention has negligible utility costs, because aggregate shocks constitute only a tiny proportion of the uncertainty that consumers face.}, - month = {July}, - pages = {40--76}, - volume = 12, - number = 3, - doi = {10.3386/w24377}, - url = {http://www.nber.org/papers/w24377}, -} - -% Update in /Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/economics.bib as well as here - -@article{cAndCwithStickyE, - author = {Carroll, Christopher D. and Crawley, Edmund and Sla{\-}calek, Jiri and Tokuoka, Kiichi and White, Matthew N.}, - journal = {American {Economic} {Journal:} {Macroeconomics}}, - title = {Sticky {Expectations} and {Consumption} {Dynamics}}, - year = 2020, - abstract = {Macroeconomic models often invoke consumption “habits” to explain the substantial persistence of aggregate consumption growth. But a large literature has found no evidence of habits in microeconomic datasets that measure the behavior of individual households. We show that the apparent conflict can be explained by a model in which consumers have accurate knowledge of their personal circumstances but ‘sticky expectations’ about the macroeconomy. In our model, the persistence of aggregate consumption growth reflects consumers’ imperfect attention to aggregate shocks. Our proposed degree of (macro) inattention has negligible utility costs, because aggregate shocks constitute only a tiny proportion of the uncertainty that consumers face.}, - month = {July}, - pages = {40--76}, - volume = 12, - number = 3, - doi = {10.1257/mac.20180286}, - url = {https://llorracc.github.io/cAndCwithStickyE} -} - -@techreport{kmv_pandemics, - author = {Greg Kaplan and Benjamin Moll and Giovanni L. Violante}, - institution = {Princeton University}, - type = {mimeo}, - title = {The Great Lockdown and the Big Stimulus: Tracing the Pandemic Possibility Frontier for the U.S.}, - year = 2020, -} - -@Article{covidC_chase, - author = {Natalie Cox and Peter Ganong and Pascal Noel and Joseph Vavra and Arlene Wong and Diana Farrell and Fiona Greig}, - title = {Initial Impacts of the Pandemic on Consumer Behavior: Evidence from Linked Income, Spending, and Savings Data}, - journal = {Brookings Papers on Economic Activity}, - year = 2020, - note = {forthcoming}, -} - -@TechReport{chetty_covidC, - author = {Raj Chetty and John Friedman and Nathaniel Hendren and Michael Stepner and The~Opportunity~Insights~Team}, - title = {How Did COVID-19 and Stabilization Policies Affect Spending and Employment? A New Real-Time Economic Tracker Based on Private Sector Data}, - year = 2020, - institution = {Harvard University}, - type = {working paper}, -} - -@Article{hpv:cycleTrend, - author = {Jonathan Heathcote and Fabrizio Perri and Giovanni L. Violante}, - title = {The Rise of US Earnings Inequality: Does the Cycle Drive the Trend?}, - journal = {Review of Economic Dynamics}, - year = 2020, - note = {forthcoming}, -} - -@techreport{coibion_stimulus, - title = "How Did U.S. Consumers Use Their Stimulus Payments?", - author = "Coibion, Olivier and Gorodnichenko, Yuriy and Weber, Michael", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = 27693, - year = 2020, - month = "August", - doi = {10.3386/w27693}, - URL = "http://www.nber.org/papers/w27693", - abstract = {Using a large-scale survey of U.S. consumers, we study how the large one-time transfers to individuals from the CARES Act affected their consumption, saving and labor-supply decisions. Most respondents report that they primarily saved or paid down debts with their transfers, with only about 15 percent reporting that they mostly spent it. When providing a detailed breakdown of how they used their checks, individuals report having spent or planning to spend only around 40 percent of the total transfer on average. This relatively low rate of spending out of a one-time transfer is higher for those facing liquidity constraints, who are out of the labor force, who live in larger households, who are less educated and those who received smaller amounts. We find no meaningful effect on labor-supply decisions from these transfer payments, except for twenty percent of the unemployed who report that the stimulus payment made them search harder for a job.}, -} - -@techreport{casado_stimulus, - title = "The Effect of Fiscal Stimulus: Evidence from COVID-19", - author = "Casado, Miguel Garza and Glennon, Britta and Lane, Julia and McQuown, David and Rich, Daniel and Weinberg, Bruce A", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = 27576, - year = 2020, - month = "August", - doi = {10.3386/w27576}, - URL = "http://www.nber.org/papers/w27576", - abstract = {Policymakers, faced with different options for replacing lost earnings, have had limited evidence to inform their decisions. The current economic crisis has highlighted the need for data that are local and timely so that different fiscal policy options on local economies can be more immediately evaluated. This paper provides a framework for evaluating real-time effects of fiscal policy on local economic activity using two new sources of near real-time data. The first data source is administrative records that provide universal, weekly, information on unemployment claimants. The second data source is transaction level data on economic activity that are available on a daily basis. We use shift-share approaches, combined with these two data sources and the novel cross-county variation in the incidence of the COVID-19 supplement to Unemployment Insurance to estimate the local impact of unemployment, earnings replacement, and their interaction on economic activity. We find that higher replacement rates lead to significantly more consumer spending – even with increases in the unemployment rate – consistent with the goal of the fiscal stimulus. Our estimates suggest that, based on the latest data, eliminating the Federal Pandemic Unemployment Compensation (FPUC) supplement would lead to a 44% decline in local spending. If the FPUC supplement is reduced to $200, resulting in a reduction of the replacement rate by 44%, spending would fall by 28%. Even if the FPUC supplement is reduced to $400, the replacement rate would fall by 29% and spending would fall by 12%. Because these data are available in every state, the approach can be used to inform decision making not just in this current crisis, but also in future recessions.}, -} - -@article{garner_receipt, - Author = {Garner, Thesia I. and Safir, Adam and Schild, Jake}, - institution = "U.S. Bureau of Labor Statistics", - Title = {Receipt and use of stimulus payments in the time of the Covid-19 pandemic}, - Journal = {Beyond the Numbers: Prices and Spending}, - Volume = 9, - Number = 10, - Year = 2020, - Month = {August}, - URL = {"https://www.bls.gov/opub/btn/volume-9/receipt-and-use-of-stimulus-payments-in-the-time-of-the-covid-19-pandemic.htm"}, -} -n - -@article{wachter_scarring, - Author = {Oreopoulos, Philip and {von Wachter}, Till and Heisz, Andrew}, - Title = {The Short- and Long-Term Career Effects of Graduating in a Recession}, - Journal = {American Economic Journal: Applied Economics}, - Volume = 4, - Number = 1, - Year = 2012, - Month = {January}, - Pages = {1--29}, -} - -@article{yagan_hysteresis, - author = {Yagan, Danny}, - title = {Employment Hysteresis from the Great Recession}, - journal = {Journal of Political Economy}, - volume = 127, - number = 5, - pages = {2505--2558}, - year = 2019, -} - -@InProceedings{ carroll_et_al-proc-scipy-2018, - author = { {C}hristopher {D}. {C}arroll and {A}lexander {M}. {K}aufman and {J}acqueline {L}. {K}azil and {N}athan {M}. {P}almer and {M}atthew {N}. {W}hite }, - title = { {T}he {E}con-{A}{R}{K} and {H}{A}{R}{K}: {O}pen {S}ource {T}ools for {C}omputational {E}conomics }, - booktitle = { {P}roceedings of the 17th {P}ython in {S}cience {C}onference }, - pages = { 25 - 30 }, - year = { 2018 }, - editor = { {F}atih {A}kici and {D}avid {L}ippa and {D}illon {N}iederhut and {M} {P}acer }, - doi = { 10.25080/Majora-4af1f417-004 } -}} - -@article{kmpHandbook, - author = {Krueger, Dirk and Mitman, Kurt and Perri, Fabrizio}, - journal = {Handbook of Macroeconomics}, - pages = {843--921}, - publisher = {Elsevier}, - title = {Macroeconomics and Household Heterogeneity}, - volume = 2, - year = 2016, - abstract = {The goal of this chapter is to study how, and by how much, household income, wealth, and preference heterogeneity amplify and propagate a macroeconomic shock. We focus on the U.S. Great Recession of 2007-2009 and proceed in two steps. First, using data from the Panel Study of Income Dynamics, we document the patterns of household income, consumption and wealth inequality before and during the Great Recession. We then investigate how households in different segments of the wealth distribution were affected by income declines, and how they changed their expenditures differentially during the aggregate downturn. Motivated by this evidence, we study several variants of a standard heterogeneous household model with aggregate shocks and an endogenous cross-sectional wealth distribution. Our key finding is that wealth inequality can significantly amplify the impact of an aggregate shock, and it does so if the distribution features a sufficiently large fraction of households with very little net worth that sharply increase their saving (i.e. they are not hand-to mouth) as the recession hits. We document that both these features are observed in the PSID. We also investigate the role that social insurance policies, such as unemployment insurance, play in shaping the cross-sectional income and wealth distribution, and through it, the dynamics of business cycles.}, - doi = {10.3386/w22319}, - url = {http://www.nber.org/papers/w22319}, -} - -@article{hrsHabit, - author = {Havranek, Tomas and Rusnak, Marek and Sokolova, Anna}, - journal = {European Economic Review}, - pages = {142--167}, - publisher = {Elsevier}, - title = {Habit formation in consumption: A meta-analysis}, - volume = 95, - year = 2017, - doi = {10.1016/j.euroecorev.2017.03.009}, - url = {https://doi.org/10.1016/j.euroecorev.2017.03.009}, -} - -@techreport{SpanishSpending, - author = {Carvalho, V.M and J.R. Garcia and S. Hansen and A. Ortiz and T. Rodrigo and J.V. Mora Rodriguez and J. Ruiz}, - institution = {Cambridge University}, - journal = {Cambridge Working Papers in Economics CWPE2030)}, - title = {Tracking the COVID-19 Crisis with High-Resolution Transaction Data}, - year = 2020, -} - -@article{denmark_pandemics, - author = {Asger Lau Andersen and Emil Toft Hansen and Niels Johannesen and Adam Sheridan}, - journal = {Covid Economics}, - pages = {88--111}, - title = {Consumer Responses to the COVID-19 Crisis: Evidence from Bank Account Transaction Data}, - volume = 7, - year = 2020, -} - -@techreport{krugman_corona, - author = {Paul Krugman}, - institution = {City University of New York}, - type = {mimeo}, - title = {Notes on Coronacoma Economics}, - year = 2020, -} - -@techreport{hkpMemory, - author = {Hai, Rong and Krueger, Dirk and Postlewaite, Andrew}, - institution = {National Bureau of Economic Research}, - number = 19386, - type = {working paper}, - title = {On the Welfare Cost of Consumption Fluctuations in the Presence of Memorable Goods}, - year = 2013, -} - -@techreport{ert_covid, - author = {Eichenbaum, Martin S. and Rebelo, Sergio and Trabandt, Mathias}, - institution = {National Bureau of Economic Research}, - number = 26882, - type = {working paper}, - title = {The Macroeconomics of Epidemics}, - year = 2020, -} - -@techreport{aal_covid, - author = {Fernando Alvarez and David Argente and Francesco Lippi}, - institution = {University of Chicago}, - number = 34, - type = {BFI working paper}, - title = {A Simple Planning Problem for {COVID}-19 Lockdown}, - year = 2020, -} - -@techreport{covidMacroImpl, - author = {Guerrieri, Veronica and Lorenzoni, Guido and Straub, Ludwig and Werning, Ivan}, - institution = {National Bureau of Economic Research}, - number = 26918, - type = {working paper}, - title = {Macroeconomic Implications of {COVID}-19: Can Negative Supply Shocks Cause Demand Shortages?}, - year = 2020, -} - -@article{healthWealth, - author = {Andrew Glover and Jonathan Heathcote and Dirk Krueger and Jos{\'e}-V{\'\i}ctor R{\'\i}os-Rull}, - journal = {Covid Economics}, - pages = {22--64}, - title = {Health versus Wealth: On the Distributional Effects of Controlling a Pandemic}, - volume = 6, - year = 2020, -} - -@article{faria_FPpandemic, - author = {Miguel {Faria-e-Castro}}, - journal = {Covid Economics}, - pages = {67--101}, - title = {Fiscal Policy during a Pandemic}, - volume = 2, - year = 2020, -} - -@techreport{bayer_corona, - author = {Christian Bayer and Benjamin Born and Ralph Luetticke and Gernot J. M\"{u}ller}, - institution = {CEPR}, - number = 14600, - type = {discussion paper}, - title = {The Coronavirus Stimulus Package: How Large Is the Transfer Multiplier?}, - year = 2020, -} - -@techreport{baker_Cpandemic, - author = {Baker, Scott R. and Farrokhnia, R. A. and Meyer, Steffen and Pagel, Michaela and Yannelis, Constantine}, - institution = {National Bureau of Economic Research}, - number = 26949, - type = {working paper}, - title = {How Does Household Spending Respond to an Epidemic? Consumption During the 2020 COVID-19 Pandemic}, - year = 2020, -} - -@article{jorda_pandemics, - author = {Jorda, Oscar and Singh, Sanjay R. and Taylor, Alan M.}, - journal = {Covid Economics}, - pages = {1--15}, - title = {Longer-run Economic Consequences of Pandemics}, - volume = 1, - year = 2020, -} - -@techreport{verner_pandemics, - author = {Sergio Correia and Stephan Luck and Emil Verner}, - institution = {MIT Sloan}, - type = {mimeo}, - title = {Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu}, - year = 2020, -} - -@article{cstwMPC, - author = {Christopher D. Carroll and Jiri Sla{\-}calek and Kiichi To{\-}ku{\-}o{\-}ka and Matt{\-}hew N. White}, - journal = {Quantitative Economics}, - month = {November}, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/papers/cstwMPC}}, - pages = {977-1020}, - title = {The Dis{\-}tri{\-}bu{\-}tion of Wealth and the Mar{\-}gi{\-}nal Pro{\-}pen{\-}si{\-}ty to Con{\-}sume}, - volume = 8, - year = 2017, - doi = {10.3982/QE694}, - url = {http://onlinelibrary.wiley.com/doi/10.3982/QE694/pdf}, -} - -@techreport{JPMorganBlog2020, - author = {JPMorgan}, - institution = {JPMorgan}, - month = {March}, - type = {Blog post}, - title = {Fallout from COVID-19: Global Recession, Zero Interest Rates and Emergency Policy Actions}, - year = 2020, - url = {https://www.jpmorgan.com/global/research/fallout-from- covid19}, -} - -@techreport{Bloomberg1, - author = {Bloomberg}, - institution = {Bloomberg}, - month = {March}, - type = {Press article}, - title = {Mnuchin Warns Virus Could Yield 20\% Jobless Rate Without Action}, - year = 2020, - url = {https://www.bloomberg.com/news/articles/2020-03-17/mnuchin- warns-virus-could-yield-20-jobless-rate-without-action- k7wheob8}, -} - -@techreport{Bloomberg2, - author = {Bloomberg}, - institution = {Bloomberg}, - month = {March}, - type = {Press article}, - title = {U.S. Jobless Rate May Soar to 30\%, Fed's Bullard Says}, - year = 2020, - url = {https://www.bloomberg.com/news/articles/2020-03-22/fed-s- bullard-says-u-s-jobless-rate-may-soar-to-30-in-2q}, -} - -@techreport{FariaBlog2020, - author = {{Faria-e-Castro}, Miguel}, - institution = {Federal Reserve Bank, St. Louis}, - month = {March}, - type = {Blog post}, - title = {Back-of-the-Envelope Estimates of Next Quarter's Unemployment Rate}, - year = 2020, - url = {https://www.stlouisfed.org/on-the-economy/2020/march/back- envelope-estimates-next-quarters-unemployment-rate}, -} - -@techreport{BickBlandin2020, - author = {Alexander Bick and Adam Blandin}, - institution = {Arizona State University}, - month = {April}, - type = {Working paper}, - title = {Real Time Labor Market Estimates During the 2020 Coronavirus Outbreak}, - year = 2020, - url = {https://alexbick.weebly.com/uploads/1/0/1/3/101306056/ bb_covid.pdf}, -} - -@techreport{GasconCOVID2020, - author = {Gascon, Charles}, - institution = {Federal Reserve Bank, St. Louis}, - month = {March}, - type = {Blog post}, - title = {COVID-19: Which Workers Face the Highest Unemployment Risk?}, - year = 2020, - url = {https://www.stlouisfed.org/on-the-economy/2020/march/covid- 19-workers-highest-unemployment-risk}, -} - -@techreport{LeiboviciSocial2020, - author = {Leibovici, Fernando and Santacreu, Ana Maria}, - institution = {Federal Reserve Bank, St. Louis}, - month = {March}, - type = {Blog post}, - title = {Social Distancing and Contact-Intensive Occupations}, - year = 2020, - url = {https://www.stlouisfed.org/on-the-economy/2020/march/social- distancing-contact-intensive-occupations}, -} - -@techreport{covid_USsurvey, - author = {Abi {Adams-Prassl} and Teodora Boneva and Marta Golin and Christopher Rauh}, - institution = {Oxford University}, - type = {mimeo}, - title = {Inequality in the Impact of the Coronavirus Shock: New Survey Evidence for the US}, - year = 2020, -} - -@article{cyranoski_we_2020, - author = {Cyranoski, David}, - journal = {Nature}, - month = mar, - title = {`{We} need to be alert': {Scientists} fear second coronavirus wave as {China}'s lockdowns ease}, - year = 2020, - abstract = {Other countries on lockdown will be watching for a resurgence of infections in Hubei province now that travel restrictions are lifting.}, - doi = {10.1038/d41586-020-00938-0}, - language = {en}, - url = {https://www.nature.com/articles/d41586-020-00938-0}, -} - -@techreport{SwagelCBO2020, - author = {Swagel, Phill}, - institution = {Congressional Budget Office}, - month = {April}, - type = {Blog post}, - title = {Updating CBO's Economic Forecast to Account for the Pandemic}, - year = 2020, - url = {https://www.cbo.gov/publication/56314}, -} - -@article{carroll_sticky_2020, - author = {Carroll, Christopher D. and Crawley, Edmund and Sla{\-}calek, Jiri and Tokuoka, Kiichi and White, Matthew N.}, - journal = {American {Economic} {Journal:} {Macroeconomics}}, - title = {Sticky {Expectations} and {Consumption} {Dynamics}}, - volume = {Forthcoming}, - year = 2020, - abstract = {Macroeconomic models often invoke consumption “habits” to explain the substantial persistence of aggregate consumption growth. But a large literature has found no evidence of habits in microeconomic datasets that measure the behavior of individual households. We show that the apparent conflict can be explained by a model in which consumers have accurate knowledge of their personal circumstances but ‘sticky expectations’ about the macroeconomy. In our model, the persistence of aggregate consumption growth reflects consumers’ imperfect attention to aggregate shocks. Our proposed degree of (macro) inattention has negligible utility costs, because aggregate shocks constitute only a tiny proportion of the uncertainty that consumers face.}, - doi = {10.3386/w24377}, - url = {http://www.nber.org/papers/w24377}, -} - -@article{psjmMPC2008, - author = {Parker, Jonathan A and Souleles, Nicholas S and Johnson, David S and McClelland, Robert}, - journal = {The American Economic Review}, - month = {October}, - number = 6, - pages = {2530--2553}, - publisher = {American Economic Association}, - title = {Consumer spending and the economic stimulus payments of 2008}, - volume = 103, - year = 2013, -} - -@article{brodaParker, - author = {Broda, Christian and Parker, Jonathan A.}, - journal = {Journal of Monetary Economics}, - number = {S}, - pages = {20--36}, - title = {The Economic Stimulus Payments of 2008 and the Aggregate Demand for Consumption}, - volume = 68, - year = 2014, -} - -@article{parker25million, - author = {Jonathan A. Parker}, - journal = {American Economic Journal: Macroeconomics}, - month = {October}, - number = 9, - pages = {153--183}, - title = {Why Don't Households Smooth Consumption? Evidence from a \$25 Million Experiment}, - volume = 4, - year = 2017, -} - -@techreport{fhnMPC, - author = {Andreas Fagereng and Martin B. Holm and Gisle J. Natvik}, - institution = {Statistics Norway}, - type = {discussion paper}, - title = {MPC Heterogeneity and Household Balance Sheets}, - volume = 852, - year = 2017, -} - -@misc{nyFedCoronaBlog, - author = {Olivier Armantier and Gizem Kosar and Rachel Pomerantz and Daphne Skandalis and Kyle Smith and Giorgio Topa and Wilbert {van der Klaauw}}, - howpublished = {\href{https://libertystreeteconomics.newyorkfed.org/2020/04/coronavirus-outbreak-sends-consumer-expectations-plummeting.html}{URL link retrieved on 04/07/2020 \texttt{here}.}}, - journal = {Liberty Street Economics}, - number = {April 6}, - type = {Blog}, - title = {Coronavirus Outbreak Sends Consumer Expectations Plummeting}, - year = 2020, -} - -@incollection{BrownLiebmanPollet, - author = {Jeffrey Brown and Jeffrey B. Liebman and Joshua Pollett}, - booktitle = {The Distributional Aspects of Social Security and Social Security Reform}, - editor = {Martin Feldstein and Jeffrey B. Liebman}, - pages = {447--457}, - publisher = {University of Chicago Press}, - title = {Estimating Life Tables That Reflect Socioeconomic Differences in Mortality}, - year = 2002, -} - -@article{SabelhausSong, - author = {John Sabelhaus and Jae Song}, - journal = {Journal of Monetary Economics}, - number = 4, - pages = {391--403}, - title = {The Great Moderation in Micro Labor Earnings}, - volume = 57, - year = 2010, -} - -@article{Cagetti, - author = {Marco Cagetti}, - journal = {Journal of Business and Economic Statistics}, - number = 3, - pages = {339--353}, - title = {Wealth Ac{\-}cumulation Over the Life Cycle and Pre{\-}cau{\-}tion{\-}ary Savings}, - volume = 21, - year = 2003, -} - -@article{carroll_EGM, - author = {Christopher D. Carroll}, - journal = {Economics Letters}, - number = 3, - pages = {312--320}, - title = {The Method of En{\-}do{\-}gen{\-}ous Grid{\-}points for Sol{\-}ving Dy{\-}nam{\-}ic Sto{\-}chas{\-}tic Optimization Problems}, - volume = 91, - year = 2006, -} - -@Article{covidC_chase, - author = {Natalie Cox and Peter Ganong and Pascal Noel and Joseph Vavra and Arlene Wong and Diana Farrell and Fiona Greig}, - title = {Initial Impacts of the Pandemic on Consumer Behavior: Evidence from Linked Income, Spending, and Savings Data}, - journal = {Brookings Papers on Economic Activity}, - year = 2020, - note = {forthcoming}, -} - -@TechReport{chetty_covidC, - author = {Raj Chetty and John Friedman and Nathaniel Hendren and Michael Stepner and The Opportunity Insights Team}, - title = {How Did COVID-19 and Stabilization Policies Affect Spending and Employment? A New Real-Time Economic Tracker Based on Private Sector Data}, - year = 2020, - institution = {Harvard University}, - type = {working paper}, -} - -@Article{hpv:cycleTrend, - author = {Jonathan Heathcote and Fabrizio Perri and Giovanni L. Violante}, - title = {The Rise of US Earnings Inequality: Does the Cycle Drive the Trend?}, - journal = {Review of Economic Dynamics}, - year = 2020, - note = {forthcoming}, -} - -@article{barroDoubleCounting, - title = {Double-Counting of Investment}, - author = {Robert J. Barro}, - year = 2019, - month = {September}, - journal = {Manuscript, Harvard University}, - note = {Presentation at Johns Hopkins University macroeconomics seminar}, - url = {https://www.econ2.jhu.edu/seminars/Fall2019/Double-countingpaper.pdf} -} - -@misc{DiamondOLGDemARK, - author = {Econ-ARK}, - title = {\href{https://github.com/econ-ark/DemARK/blob/master/notebooks/DiamondOLG.ipynb}{DiamondOLG}}, - url = {https://github.com/econ-ark/DemARK/blob/master/notebooks/DiamondOLG}, -} - -@ARTICLE{solowTheory, - title = {\href{https://www.elgaronline.com/view/journals/roke/6-4/roke.2018.04.02.xml}{A theory is a sometime thing}}, - author = {Solow, Robert}, - year = 2018, - journal = {Review of Keynesian Economics}, - volume = 6, - number = 4, - pages = {421-424}, - url = {https://EconPapers.repec.org/RePEc:elg:rokejn:v:6:y:2018:i:4:p421-424} -} - -@Preamble{ "\providecommand{\noopsort}[1]{} " -# "\providecommand{\singleletter}[1]{#1} " } - -@article{cctwMoM, - author = {Carroll, Christopher D. and Karsten Chipeniuk and Kiichi Tokuoka and Weifeng Wu}, - title = {The Method of Moderation}, - journal = {Manuscript, Johns Hopkins University}, - year = 2020, - url = {https://www.econ2.jhu.edu/people/ccarroll/cctwMoM} -} - -@Book{bellmanDynamicProgramming, - author = "Bellman, Richard", - title = "Dynamic Programming", - publisher = "Princeton University Press", - year = 1957, - address = "Princeton, NJ, USA", - edition = 1, - bib2html_rescat ="General RL", -} - -@ARTICLE{chkLiqConstr, - author = {Carroll, Christopher D. and Martin Holm and Miles S. Kimball}, - title = {Liquidity Constraints and Precautionary Saving}, - journal = {\href{https://www.econ2.jhu.edu/people/ccarroll/papers/LiqConstr}{Manuscript, Johns Hopkins University}}, - year = 2019, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/LiqConstr}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/LiqConstr} -} - -@article{guerrieri2017credit, - title = {Credit crises, precautionary savings, and the liquidity trap}, - author = {Guerrieri, Veronica and Lorenzoni, Guido}, - journal = {The Quarterly Journal of Economics}, - volume = 132, - number = 3, - pages = {1427--1467}, - year = 2017, - publisher = {Oxford University Press} -} - -@article{glLiq, - author = {Guerrieri, Veronica and Lorenzoni, Guido}, - journal = {The Quarterly Journal of Economics}, - number = 3, - pages = {1427--1467}, - publisher = {Oxford University Press}, - title = {Credit crises, precautionary savings, and the liquidity trap}, - volume = 132, - year = 2017, -} - -@article{blPrecautionary, - title = {Precautionary savings, illiquid assets, and the aggregate consequences of shocks to household income risk}, - author = {Bayer, Christian and L{\"u}tticke, Ralph and Pham-Dao, Lien and Tjaden, Volker}, - journal = {Econometrica}, - volume = 87, - number = 1, - pages = {255--290}, - year = 2019, - publisher = {Wiley Online Library} -} - -@article{khanMacroPru, - author = {Shujaat Khan}, - title = {Macroprudential Policies in a Heterogeneous Agent Model of Housing Default}, - journal = {Department of Economics, Johns Hopkins University}, - year = 2019, - url = {https://pdfs.semanticscholar.org/8e9d/dfe7c204bbfa8a23f42f4931461fb467fc08.pdf?_ga=2.95712860.1156899890.1563925023-1991616136.1563925023} -} - -@article{SSinHANK, - title = {Monetary Policy Transmission with Many Agents}, - author = {Crawley, Edmund and Seungcheol Lee}, - journal = {Manuscript, Johns Hopkins University}, - year = 2019, - month = {March}, -} - -@article{blSolving, - title = {Solving Heterogeneous Agent Models In Discrete Time With Many Idiosyncratic States By Perturbation Methods}, - author = {Christian Bayer and Ralph Luetticke}, - journal = {Centre for Economic Policy Research}, - volume = {Discussion Paper 13071}, - year = 2018 -} - -@article{carrollHeteroAndMacro, - title = {Heterogeneity and Macro Modeling In Policymaking Institutions}, - year = 2019, - journal = {Presentation to the Heads of Research of the European Central Banks}, - url = {https://mybinder.org/v2/gh/econ-ark/PARK/master?filepath=Hetero-And-Macro/Hetero-And-Macro.ipynb} -} - -@article{auclertMonetary, - title = {Monetary policy and the redistribution channel}, - author = {Auclert, Adrien}, - journal = {American Economic Review}, - volume = 109, - number = 6, - pages = {2333--67}, - year = 2019 -} - -@article{ccarrollHeteroAndMacro, - author = {Carroll, Christopher}, - title = {Heterogeneity and Macro Modeling In Policymaking Institutions}, - journal = {Presentation to the Heads of Research of the European Central Banks}, - year = 2019 -} - -@article{klRiskPremia, - author = {Rohan Kekre and Moritz Lenel}, - title = {Redistribution, risk premia, and the macroeconomy}, - journal = {Slides Presented at NBER `Micro to Macro' Working Group}, - year = 2019 -} - -@article{wolfGEInvariance, - author = {Wolf, Christian}, - title = {The Missing Intercept: A Sufficient Statistics Approach to General Equilibrium Effects}, - journal = {Slides Presented at NBER `Micro to Macro' Working Group}, - year = 2019 -} - -@article{CrawleyMonPolicywithHeterogeneity, - author = {Crawley, Edmund}, - title = {Intro to Monetary Policy with Heterogeneity}, - journal = {Slides Presented at JHU ``Computational Methods in Economics''}, - year = 2019 -} - -@book{beckenbach1983inequalities, - volume = 30, - publisher = {Springer}, - year = 1983, - edition = {reprint}, - title = {Inequalities}, - author = {Beckenbach, Edwin F and Bellman, Richard} -} - -@article{druedahl2018precautionary, - title = {Precautionary borrowing and the credit card debt puzzle}, - author = {Druedahl, Jeppe and J{\o}rgensen, Casper Nordal}, - journal = {Quantitative Economics}, - volume = 9, - number = 2, - pages = {785--823}, - year = 2018, - publisher = {Wiley Online Library} -} - -@article{park2006analytical, - title = {An analytical solution to the inverse consumption function with liquidity constraints}, - author = {Park, Myung-Ho}, - journal = {Economics Letters}, - volume = 92, - number = 3, - pages = {389--394}, - year = 2006, - publisher = {Elsevier} -} - -@article{nishiyama2012concavity, - title = {On the Con{\-}ca{\-}vity of the Consumption Function with a Quadratic Utility under Liquidity Constraints}, - author = {Nishiyama, Shin-Ichi and Kato, Ryo}, - journal = {Theoretical Economics Letters}, - volume = 2, - number = 05, - pages = 566, - year = 2012, - publisher = {Scientific Research Publishing} -} - -@article{holm2018consumption, - title = {Consumption with liquidity constraints: An analytical characterization}, - author = {Holm, Martin Blomhoff}, - journal = {Economics Letters}, - volume = 167, - pages = {40--42}, - year = 2018, - publisher = {Elsevier} -} - -@article{lee2007degree, - title = {The degree of precautionary saving: A reexamination}, - author = {Lee, Jeong-Joon and Sawada, Yasuyuki}, - journal = {Economics Letters}, - volume = 96, - number = 2, - pages = {196--201}, - year = 2007, - publisher = {Elsevier} -} - -@article{lee2010precautionary, - title = {Precautionary saving under liquidity constraints: Evidence from rural Pakistan}, - author = {Lee, Jeong-Joon and Sawada, Yasuyuki}, - journal = {Journal of Development Economics}, - volume = 91, - number = 1, - pages = {77--86}, - year = 2010, - publisher = {Elsevier} -} - -@article{fulford2015important, - title = {How important is variability in consumer credit limits?}, - author = {Fulford, Scott L}, - journal = {Journal of Monetary Economics}, - volume = 72, - pages = {42--63}, - year = 2015, - publisher = {Elsevier} -} - -@article{kmvHANK, - author = {Kaplan, Greg and Moll, Benjamin and Violante, Giovanni L.}, - journal = {American Economic Review}, - month = {March}, - number = 3, - pages = {697--743}, - title = {Monetary Policy According to HANK}, - volume = 108, - year = 2018, - abstract = {We revisit the transmission mechanism of monetary policy for household consumption in a Heterogeneous Agent New Keynesian (HANK) model. The model yields empirically realistic distributions of household wealth and marginal propensities to consume because of two key features: multiple assets with different degrees of liquidity and an idiosyncratic income process with leptokurtic income changes. In this environment, the indirect effects of an unexpected cut in interest rates, which operate through a general equilibrium increase in labor demand, far outweigh direct effects such as intertemporal substitution. This finding is in stark contrast to small- and medium-scale Representative Agent New Keynesian (RANK) economies, where intertemporal substitution drives virtually all of the transmission from interest rates to consumption.}, -} - -@techreport{fuhrerIntrinsicPersistence, - author = {Fuhrer, Jeffrey C.}, - institution = {Federal Reserve Bank of Boston}, - month = may, - number = {18-9}, - type = {working paper}, - title = {Intrinsic Expectations Persistence: Evidence from Professional and Household Survey Expectations}, - year = 2018, -} - -@techreport{kuengTaxnews, - author = {Lorenz Kueng}, - type = {working paper}, - title = {Tax News: Identifying the Household Consumption Response to Tax Expectations Using Municipal Bond Prices}, - institution = {Northwestern University}, - year = 2012, - url = {http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.646.4710}, -} - -@article{kvwWealthyH2m, - author = {Kaplan, Greg and Violante, Gianluca and Weidner, Justin}, - journal = {Brookings Papers on Economic Activity}, - pages = {77--138}, - title = {The Wealthy Hand-to-Mouth}, - volume = {Spring}, - year = 2014, - abstract = {The wealthy hand-to-mouth are households who hold little or no liquid wealth (e.g. cash, checking, and saving accounts), despite owning sizable amounts of illiquid assets (i.e., assets that carry a transaction cost, such as housing, large durables, or retirement accounts). This portfolio configuration implies that these households have large marginal propensities to consume out of small income changes –a key determinant of the macroeconomic effects of fiscal policy. The wealthy hand-to-mouth, therefore, behave in many respects like households with little or no net worth, yet they escape standard definitions (and empirical measurements) of hand-to-mouth agents based on net worth. We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and Spain to document the share of such households across countries, their demographic characteristics, the composition of their balance sheet, and the persistence of hand-to-mouth status over the life cycle. Finally, we discuss the implications of this group of consumers for macroeconomic modelling and policy analysis.}, -} - -@techreport{arsInvestmentInattention, - author = {Adrien Auclert and Matthew Rognlie and Ludwig Straub}, - institution = {Stanford University}, - type = {mimeo}, - title = {Investment, Heterogeneity, and Inattention}, - year = 2019, -} - -@article{ktvHousingWealthEffect, - title = {The Housing Wealth Effect: Quasi-Experimental Evidence}, - author = {Kessel, Dany and Tyrefors, Bj{\"o}rn and Vestman, Roine}, - journal = {Available at SSRN}, - year = 2019 -} - -@article{pjInfo, - title = {Information sharing in credit markets}, - author = {Pagano, Marco and Jappelli, Tullio}, - journal = {The Journal of Finance}, - volume = 48, - number = 5, - pages = {1693--1718}, - year = 1993, - publisher = {Wiley Online Library} -} - -@article{sims_beyondLQ, - author = {Christopher A. Sims}, - journal = {American Economic Review}, - month = {May}, - number = 2, - pages = {158--163}, - title = {Rational Inattention: Beyond the Linear--Quadratic Case}, - volume = 96, - year = 2006, -} - -@article{tutino_RIconsumption, - author = {Antonella Tutino}, - journal = {Review of Economic Dynamics}, - month = {July}, - number = 3, - pages = {421--439}, - title = {Rationally Inattentive Consumption Choices}, - volume = 16, - year = 2013, -} - -@article{opLiquidH2M, - author = {Olafsson, Arna and Pagel, Michaela}, - journal = {The Review of Financial Studies}, - number = 11, - pages = {4398--4446}, - title = {The Liquid Hand-to-Mouth: Evidence from Personal Finance Management Software}, - volume = 31, - year = 2018, -} - -@techreport{laibson2022simple, - title={A Simple Mapping from MPCs to MPXs}, - author={Laibson, David and Maxted, Peter and Moll, Benjamin}, - year={2022}, - institution={National Bureau of Economic Research} -} - -@article{olafsson2018liquid, - title={The liquid hand-to-mouth: Evidence from personal finance management software}, - author={Olafsson, Arna and Pagel, Michaela}, - journal={The Review of Financial Studies}, - volume={31}, - number={11}, - pages={4398--4446}, - year={2018}, - publisher={Oxford University Press} -} - -@article{dornbuschOvershooting, - author = {Dornbusch, Rudiger}, - title = {Expectations and Exchange Rate Dynamics}, - journal = {Journal of Political Economy}, - volume = 84, - number = 6, - pages = {1161-1176}, - year = 1976, - doi = {10.1086/260506}, - URL = { https://doi.org/10.1086/260506}, - eprint = {https://doi.org/10.1086/260506}, - abstract = { The paper develops a theory of exchange rate movements under perfect capital mobility, a slow adjustment of goods markets relative to asset markets, and consistent expectations. The perfect foresight path is derived and it is shown that along that along that path a monetary expansion causes the exchange rate to depreciate. An initial overshooting of exchange rates is shown to derive from differential adjustment speed of markets. The magnitude and persistence of the overshooting is developed in terms of the structural parameters of the model. To the extent that output responds to a monetary expansion in the short run, this acts a a dampening effect on exchange depreciation and may, in fact, lead to an increase in interest rates. } -} - -@article{bmpMITshocks, - author = {Boppart, Timo and Krusell, Per and Mitman, Kurt}, - journal = {Journal of Economic Dynamics and Control}, - number = {C}, - pages = {68--92}, - title = {Exploiting MIT Shocks in Heterogeneous-Agent Economies: The Impulse Response as a Numerical Derivative}, - volume = 89, - year = 2018, -} - -@article{cochrane_nearRational, - author = {Cochrane, John H}, - journal = {American Economic Review}, - month = {June}, - number = 3, - pages = {319--337}, - title = {The Sensitivity of Tests of the Intertemporal Allocation of Consumption to Near-Rational Alternatives}, - volume = 79, - year = 1989, -} - -@article{reis:inattentive, - author = {Reis, Ricardo}, - journal = {Journal of Monetary Economics}, - number = 8, - pages = {1761--1800}, - publisher = {Elsevier}, - title = {Inattentive Consumers}, - volume = 53, - year = 2006, -} - -@article{mw09:RI, - author = {Mackowiak, Bartosz and Mirko Wiederholt}, - journal = {American Economic Review}, - month = {June}, - number = 3, - pages = {769-803}, - title = {{Optimal Sticky Prices under Rational Inattention}}, - volume = 99, - year = 2009, - abstract = {This paper presents a model in which price setting firms decide what to pay attention to, subject to a constraint on information flow. When idiosyncratic conditions are more variable or more important than aggregate conditions, firms pay more attention to idiosyncratic conditions than to aggregate conditions. When we calibrate the model to match the large average absolute size of price changes observed in micro data, prices react fast and by large amounts to idiosyncratic shocks, but only slowly and by small amounts to nominal shocks. Nominal shocks have strong and persistent real effects. (JEL D21, D83, E31, E52)}, - url = {https://ideas.repec.org/a/aea/aecrev/v99y2009i3p769- 803.html}, -} - -@article{LuoRinGE, - author = {Yulei Luo and Jun Nie and Gaowang Wang and Eric R. Young}, - journal = {Journal of Economic Theory}, - volume = 172, - pages = {55--87}, - title = {Rational Inattention and the Dynamics of Consumption and Wealth in General Equilibrium}, - year = 2017, -} - -@article{luo:inatC, - author = {Yulei Luo}, - journal = {Review of Economic Dynamics}, - number = 2, - pages = {366--385}, - title = {Consumption Dynamics under Information Processing Constraints}, - volume = 11, - year = 2008, -} - -@article{ludvigson&michaelides:excesses, - author = {Ludvigson, Sydney and Alexander Michaelides}, - journal = {American Economic Review}, - month = {June}, - number = 3, - pages = {631--647}, - title = {Does Buffer Stock Saving Explain the Smoothness and Excess Sensitivity of Consumption?}, - volume = 91, - year = 2001, -} - -@article{bppInequality, - author = {Blundell, Richard and Pistaferri, Luigi and Preston, Ian}, - journal = {American Economic Review}, - month = {December}, - number = 5, - pages = {1887--1921}, - title = {Consumption Inequality and Partial Insurance}, - volume = 98, - year = 2008, -} - -@techreport{aydinCresponse, - author = {Deniz Ayd{\i}n}, - institution = {Washington University, St.\ Louis}, - type = {mimeo}, - title = {Consumption Response to Credit Expansions: Evidence from Experimental Assignment of 45,307 Credit Lines}, - year = 2018, -} - -@article{carroll&kimball:concavity, - author = {Carroll, Chris{\-}to{\-}pher D. and Kim{\-}ball, Miles S.}, - journal = {Econometrica}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}}, - number = 4, - pages = {981--992}, - title = {On the {C}on{\-}cav{\-}ity of the {C}on{\-}sumption {F}unction}, - volume = 64, - year = 1996, - url = {https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}, -} - -@article{pistaferriSuperior, - author = {Luigi Pistaferri}, - journal = {The Review of Economics and Statistics}, - month = {August}, - number = 3, - pages = {465-476}, - title = {Superior Information, Income Shocks, And The Permanent Income Hypothesis}, - volume = 83, - year = 2001, -} - -@article{gsInferring, - author = {Guvenen, Fatih and Smith, Anthony A.}, - journal = {Econometrica}, - number = 6, - pages = {2085-2129}, - title = {Inferring Labor Income Risk and Partial Insurance From Economic Choices}, - volume = 82, - year = 2014, - abstract = {This paper uses the information contained in the joint dynamics of individuals' labor earnings and consumption-choice decisions to quantify both the amount of income risk that individuals face and the extent to which they have access to informal insurance against this risk. We accomplish this task by using indirect inference to estimate a structural consumption–savings model, in which individuals both learn about the nature of their income process and partly insure shocks via informal mechanisms. In this framework, we estimate (i) the degree of partial insurance, (ii) the extent of systematic differences in income growth rates, (iii) the precision with which individuals know their own income growth rates when they begin their working lives, (iv) the persistence of typical labor income shocks, (v) the tightness of borrowing constraints, and (vi) the amount of measurement error in the data. In implementing indirect inference, we find that an auxiliary model that approximates the true structural equations of the model (which are not estimable) works very well, with negligible small sample bias. The main substantive findings are that income shocks are moderately persistent, systematic differences in income growth rates are large, individuals have substantial amounts of information about their income growth rates, and about one-half of income shocks are smoothed via partial insurance. Putting these findings together, the amount of uninsurable lifetime income risk that individuals perceive is substantially smaller than what is typically assumed in calibrated macroeconomic models with incomplete markets.}, - doi = {10.3982/ECTA9446}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.3982/ECTA9446}, -} - -@article{kennickellPermanent, - author = {Kennickell, Arthur}, - journal = {mimeo, Board of Governors of the Federal Reserve System}, - title = {Saving and Permanent Income: Evidence from the 1992 SCF}, - year = 1995, -} - -@article{wilcox:aer, - author = {Wilcox, David W.}, - journal = {American Economic Review}, - number = 4, - pages = {922--941}, - title = {The Construction of U.S. Consumption Data: Some Facts and Their Implications for Empirical Work}, - volume = 82, - year = 1992, -} - -@article{soulelesTaxRefunds, - author = {Souleles, Nicholas S.}, - journal = {American Economic Review}, - month = {September}, - number = 4, - pages = {947--958}, - title = {The Response of Household Consumption to Income Tax Refunds}, - volume = 89, - year = 1999, -} - -@article{BrowningColladoAER, - author = {Browning, Martin and Collado, M. Dolores}, - journal = {American Economic Review}, - number = 3, - pages = {681--692}, - title = {The Response of Expenditures to Anticipated Income Changes: Panel Data Estimates}, - volume = 91, - year = 2001, -} - -@article{hsiehAlaska, - author = {Hsieh, Chang-Tai}, - journal = {American Economic Review}, - number = 1, - pages = {397--405}, - title = {Do consumers react to anticipated income changes? Evidence from the Alaska permanent fund}, - volume = 93, - year = 2003, -} - -@article{kuengAlaska, - title = {Excess sensitivity of high-income consumers}, - author = {Kueng, Lorenz}, - journal = {The Quarterly Journal of Economics}, - volume = 133, - number = 4, - pages = {1693--1751}, - year = 2018, - publisher = {Oxford University Press} -} - -@article{bbdUncertainty, - author = {Baker, Scott R and Bloom, Nicholas and Davis, Steven J}, - journal = {The Quarterly Journal of Economics}, - number = 4, - pages = {1593--1636}, - publisher = {Oxford University Press}, - title = {Measuring economic policy uncertainty}, - volume = 131, - year = 2016, -} - -@inbook{NBERc13907, - Crossref = "NBEReich-4", - title = "Survey Measurement of Probabilistic Macroeconomic Expectations: Progress and Promise", - author = "Charles F. Manski", - BookTitle = "NBER Macroeconomics Annual 2017, volume 32", - Publisher = "University of Chicago Press", - year = 2017, - month = "April", - URL = "http://www.nber.org/chapters/c13907", -} - -@INBOOK{bmsValidity, - title = {The Validity of Consumption Data: Are the Consumer Expenditure Interview and Diary Surveys Informative?}, - publisher = {University of Chicago Press}, - year = 2013, - author = {Adam Bee and Bruce D. Meyer and James X. Sullivan}, - month = {February}, - booktitle = {Improving the Measurement of Household Expenditures}, - crossref = {NBERcarr11-1}, - url = {http://www.nber.org/chapters/c12662} -} - -@INBOOK{pgmCEvsPCE, - title = {Understanding the Relationship: CE Survey and PCE}, - publisher = {University of Chicago Press}, - year = 2012, - author = {William Passero and Thesia I. Garner and Clinton McCully}, - month = {April}, - booktitle = {Improving the Measurement of Household Expenditures}, - crossref = {NBERcarr11-1}, - url = {http://www.nber.org/chapters/c12659} -} - -@inproceedings{ParkerSoulelesCarroll, - Crossref = "NBERcarr11-1", - author = {Parker, Jonathan A. and Nicholas S. Souleles and Christopher D. Carroll}, - title = {The Benefits of Panel Data in Consumer Expenditure Surveys}, - booktitle = {Improving the Measurement of Consumer Expenditures}, - chapter = 7, - note = {Final version at \href{https://www.econ2.jhu.edu/people/ccarroll/papers/ParkerSoulelesCarroll/}{\texttt{https://www.econ2.jhu.edu/people/ccarroll/papers/ParkerSoulelesCarroll/}}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/ParkerSoulelesCarroll/} -} - -@InBook{deatonPuzzlesAndParadoxes, - title = {{P}uzzles and {P}aradoxes}, - year = 2013, - author = {Angus Deaton}, - crossref = {Eminent}, - file = {deatonPuzzlesAndParadoxes.pdf:deatonPuzzlesAndParadoxes.pdf:PDF}, -} - -@misc{crawley_time_2018, - author = {Crawley, Edmund}, - title = {Time Aggregation in Panel Data on Income and Consumption}, - year = 2018, - howpublished = {Mimeo, Department of Economics, Johns Hopkins University} -} - -@techreport{ckConsumptionWP, - author = {Crawley, Edmund and Kuchler, Andreas}, - institution = {Danmarks Nationalbank}, - month = {November}, - number = 129, - type = {working paper}, - title = {Consumption Heterogeneity: Micro Drivers and Macro Implications}, - year = 2018, -} - -@misc{clMonetary, - author = {Crawley, Edmund and Lee, Seungcheol}, - title = {Monetary Policy Transmission with Many Agents}, - year = 2019, - howpublished = {Mimeo, Department of Economics, Johns Hopkins University} -} - -@article{summersSecStagReuters, - author = {Summers, Lawrence}, - journal = {Reuters Analysis \& Opinion}, - title = {On secular stagnation}, - volume = 16, - year = 2013, -} - -@article{summersSecStagAER, - author = {Summers, Lawrence H}, - journal = {American Economic Review}, - number = 5, - pages = {60--65}, - title = {Demand side secular stagnation}, - volume = 105, - year = 2015, -} - -@article{krugmanSecStagNYT, - author = {Krugman, Paul}, - journal = {New York Times}, - pages = 2013, - title = {Secular stagnation, coalmines, bubbles, and Larry Summers}, - volume = 16, - year = 2013, -} - -@article{krugmanSecStagCEPR, - author = {Krugman, Paul}, - journal = {Secular stagnation: Facts, causes and cures}, - pages = {61--68}, - publisher = {CEPR Press London}, - title = {Four observations on secular stagnation}, - year = 2014, -} - -@article{gordonSecStag, - author = {Gordon, Robert J}, - journal = {American Economic Review}, - number = 5, - pages = {54--59}, - title = {Secular stagnation: A supply-side view}, - volume = 105, - year = 2015, -} - -@article{hhhwSecStagNo, - author = {Hamilton, James D and Harris, Ethan S and Hatzius, Jan and West, Kenneth D}, - journal = {IMF Economic Review}, - number = 4, - pages = {660--707}, - publisher = {Springer}, - title = {The equilibrium real funds rate: Past, present, and future}, - volume = 64, - year = 2016, -} - -@article{BergerEtAl:HPandC, - author = {David Berger and Veronica Guerrieri and Guido Lorenzoni and Joseph Vavra}, - journal = {Review of Economic Studies}, - number = 3, - pages = {1502--1542}, - title = {House Prices and Consumer Spending}, - volume = 85, - year = 2018, -} - -@inproceedings{mue07, - author = {Muellbauer, John N.}, - booktitle = {Housing, Housing Finance and Monetary Policy}, - pages = {267--334}, - publisher = {Jackson Hole Symposium, Federal Reserve Bank of Kansas City}, - title = {Housing, Credit and Consumer Expenditure}, - year = 2007, -} - -@TECHREPORT{hall:slump, - author = {Hall, Robert E.}, - title = {The Long Slump}, - institution = {{ASSA M}eetings, Denver}, - year = 2011, - type = {{AEA} {P}residential {A}ddress}, - owner = {Jiri}, - timestamp = {2011.01.13} -} - -@article{gkLiq, - author = {Gauti B. Eggertsson and Paul Krugman}, - journal = {The Quarterly Journal of Economics}, - number = 3, - pages = {1469--1513}, - title = {Debt, Deleveraging, and the Liquidity Trap: A Fisher--Minsky--Koo Approach}, - volume = 127, - year = 2012, -} - -@article{justPrimTamb:CredSupplyAndHouseBoom, - author = {Alejandro Justiniano and Giorgio Primiceri and Andrea Tambalotti}, - journal = {Journal of Political Economy}, - title = {Credit Supply and the Housing Boom}, - year = {forthcoming}, -} - -@techreport{huoRRfinFrictionsGR, - author = {Huo, Zhen and R\'{\i}os-Rull, Jos\'e-V\'{\i}ctor}, - institution = {Federal Reserve Bank of Minneapolis}, - month = feb, - number = 526, - type = {Staff Report}, - title = {Financial Frictions, Asset Prices, and the Great Recession}, - year = 2016, -} - -@techreport{garrigaHedlund, - author = {Carlos Garriga and Aaron Hedlund}, - institution = {University of Missouri}, - type = {mimeo}, - title = {Housing Finance, Boom--Bust Episodes, and Macroeconomic Fragility}, - year = 2018, -} - -@techreport{kmv:houseBoomBust, - author = {Greg Kaplan and Kurt Mitman and Giovanni L. Violante}, - institution = {National Bureau of Economic Research}, - month = aug, - number = 23694, - type = {working paper}, - title = {The Housing Boom and Bust: Model Meets Evidence}, - year = 2017, - url = {https://ideas.repec.org/p/nbr/nberwo/23694.html}, -} - -@techreport{goreaMidriganLiqConstraints, - author = {Denis Gorea and Virgiliu Midrigan}, - institution = {New York University}, - type = {mimeo}, - title = {Liquidity Constraints in the U.S. Housing Market}, - year = 2018, -} - -@article{wooleyDeregulation, - author = {Woolley, John T.}, - journal = {Presidential Studies Quarterly}, - number = 1, - pages = {60-80}, - title = {Persistent Leadership: Presidents and the Evolution of U.S. Financial Reform, 1970-2007}, - volume = 42, - year = 2012, - abstract = {Between 1970 and 2007, presidents of both parties consistently and actively supported financial deregulation. Given the low visibility and relatively technical nature of the issues, presidents saw deregulation as the best way to respond to technical innovation in the industry and disruptions caused by inflation. This history suggests several lessons for students of the role of presidents in policy making. Presidents can be active in promoting policy reform even though standard methods for defining the presidential agenda do not reveal this fact. We see presidential engagement reflected in White House statements both before and after legislation is passed, and in White House use of study reports and messages to shape an elite consensus.}, - doi = {10.1111/j.1741-5705.2012.03941.x}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1741- 5705.2012.03941.x}, -} - -@article{landvoigt:rfs, - author = {Landvoigt, Tim}, - journal = {The Review of Financial Studies}, - month = 04, - number = 6, - pages = {1865--1902}, - title = {{Housing Demand During the Boom: The Role of Expectations and Credit Constraints}}, - volume = 30, - year = 2017, -} - -@techreport{krusell:usWealthDistr, - author = {Joachim Hubmer and Per Krusell and Anthony A. {Smith, Jr.}}, - institution = {Yale University}, - type = {mimeo}, - title = {A Comprehensive Quantitative Theory of the U.S. Wealth Distribution}, - year = 2018, -} - -@article{dgTANK, - author = {Debortoli, Davide and Gal{\'\i}, Jordi}, - journal = {Manuscript}, - month = {September}, - title = {Monetary policy with heterogeneous agents: Insights from TANK models}, - year = 2017, -} - -@article{bfjstUncertain, - author = {Nicholas Bloom and Max Floetotto and Nir Jaimovich and Itay {Saporta-Eksten} and Stephen J. Terry}, - journal = {Econometrica}, - month = {May}, - number = 3, - pages = {1031--1065}, - title = {Really Uncertain Business Cycles}, - volume = 86, - year = 2018, -} - -@techreport{BoE_forecasting, - author = {Burgess, Stephen and Fernandez-Corugedo, Emilio and Groth, Charlotta and Harrison, Richard and Monti, Francesca and Theodoridis, Konstantinos and Waldron, Matt}, - institution = {Bank of England}, - month = may, - number = 471, - type = {working paper}, - title = {The Bank of England's Forecasting Platform: COMPASS, MAPS, EASE and the Suite of Models}, - year = 2013, -} - -@article{Trichet_JacksonHoleSpeech, - author = {Jean-Claude Trichet}, - journal = {Proceedings, Economic Policy Symposium, Jackson Hole}, - pages = {243--266}, - title = {Luncheon Address: Central Banking in Uncertain Times: Conviction and Responsibility}, - year = 2010, -} - -@article{bexUncertaintyAssetPrices, - author = {Bekaert, Geert and Engstrom, Eric and Xing, Yuhang}, - journal = {Journal of Financial Economics}, - number = 1, - pages = {59--82}, - publisher = {Elsevier}, - title = {Risk, uncertainty, and asset prices}, - volume = 91, - year = 2009, -} - -@article{drechslerUncertainty, - author = {Drechsler, Itamar}, - journal = {The Journal of Finance}, - number = 5, - pages = {1843--1889}, - publisher = {Wiley Online Library}, - title = {Uncertainty, time-varying fear, and asset prices}, - volume = 68, - year = 2013, -} - -@article{gmAssetPricing, - author = {Gomes, Francisco and Michaelides, Alexander}, - journal = {The Review of Financial Studies}, - number = 1, - pages = {415--448}, - publisher = {Society for Financial Studies}, - title = {Asset pricing with limited risk sharing and heterogeneous agents}, - volume = 21, - year = 2007, -} - -@techreport{glover:intergenRedistr, - author = {Andrew Glover and Jonathan Heathcote and Dirk Krueger and R\'{\i}os-Rull, Jos\'e-V\'{\i}ctor}, - institution = {National Bureau of Economic Research}, - month = {October}, - note = {\url{https://www.sas.upenn.edu/~dkrueger/research/RecessionNew.pdf}}, - number = 16924, - type = {updated version of working paper}, - title = {Intergenerational Redistribution in the Great Recession}, - year = 2017, -} - -@article{favilukis:housing, - author = {Jack Favilukis and Sydney C. Ludvigson and Stijn {Van Nieuwerburgh}}, - journal = {Journal of Political Economy}, - number = 1, - pages = {140--223}, - title = {The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk Sharing in General Equilibrium}, - volume = 125, - year = 2017, -} - -@techreport{ducaEtAl10_creditArch, - author = {John V. Duca and John Muellbauer and Anthony Murphy}, - institution = {University of Oxford}, - type = {mimeo}, - title = {Credit Market Architecture and the Boom and Bust in the U.S. Consumption}, - year = 2010, -} - -@ARTICLE{nsSavingRevisions, - author = {Nakamura, Leonard I. and Stark, Thomas}, - title = {Mismeasured Personal Saving and the Permanent Income Hypothesis}, - journal = {Working Papers}, - year = 2007, - note = {\url{http://philadelphiafed.org/research-and-data/publications/working-papers/2007/wp07-8.pdf}}, - file = {nsSavingRevisions.pdf:nsSavingRevisions.pdf:PDF}, - publisher = {Federal Reserve Bank of Philadelphia}, - doi = {dx.doi.org/10.2139/ssrn.707089}, - url = {http://philadelphiafed.org/research-and-data/publications/working-papers/2007/wp07-8.pdf} -} - -@article{bhutta_mortgageDebt, - author = {Bhutta, Neil}, - journal = {Journal of Monetary Economics}, - number = {C}, - pages = {284--298}, - title = {The Ins and Outs of Mortgage Debt During the Housing Boom and Bust}, - volume = 76, - year = 2015, -} - -@techreport{malmendierSheng, - author = {Ulrike Malmendier and Leslie Sheng Shen}, - institution = {National Bureau of Economic Research}, - month = jun, - number = 24696, - type = {working paper}, - title = {Scarred Consumption}, - year = 2018, -} - -@article{jstLeveragedBubbles, - author = {Jord\`{a}, \`{O}scar and Schularick, Moritz and Taylor, Alan M.}, - journal = {Journal of Monetary Economics}, - number = {S}, - pages = {1--20}, - title = {Leveraged Bubbles}, - volume = 76, - year = 2015, -} - -@article{rrAftermath, - author = {Reinhart, Carmen M. and Rogoff, Kenneth S.}, - journal = {American Economic Review}, - month = {May}, - number = 2, - pages = {466--72}, - title = {The Aftermath of Financial Crises}, - volume = 99, - year = 2009, - abstract = {This study investigates the impact of the current financial crisis on Canada's potential GDP growth. Using a simple accounting framework to decompose trend GDP growth into changes in capital, labor services and total factor productivity, we find a sizeable drop in Canadian potential growth in the short term. The estimated decline of about 1 percentage point originates from a sharply decelerating capital stock accumulation (as investment has dropped steeply) and a rising long-term unemployment rate (which would raise equilibrium unemployment rates). However, over the medium term, we expect Canada's potential GDP growth to gradually rise to around 2 percent, below the pre-crisis growth rate, mostly reflecting the effects of population aging and a secular decline in average working hours.}, - url = {http://ideas.repec.org/a/aea/aecrev/v99y2009i2p466-72.html}, -} - -@article{hurstStafford, - author = {Hurst, Erik and Stafford, Frank}, - journal = {Journal of Money, Credit and Banking}, - month = {December}, - number = 6, - pages = {985--1014}, - title = {{Home Is Where the Equity Is: Mortgage Refinancing and Household Consumption}}, - volume = 36, - year = 2004, -} - -@article{cooper_housingCollateral, - author = {Daniel Cooper}, - journal = {The Review of Economics and Statistics}, - month = {October}, - number = 4, - pages = {1183--1197}, - title = {House Price Fluctuations: The Role of Housing Wealth as Borrowing Collateral}, - volume = 95, - year = 2013, -} - -@article{asWealthEffect, - author = {Aruoba, S Boragan and Elul, Ronel and Kalemli-Ozcan, Sebnem}, - journal = {FRB of Philadelphia Working Paper}, - title = {How Big is the Wealth Effect? Decomposing the Response of Consumption to House Prices}, - year = 2019, -} - -@article{hallRandomWalk, - author = {Hall, Robert E.}, - journal = {Journal of Political Economy}, - note = {Available at {\url{http://www.stanford.edu/~rehall/Stochastic-JPE-Dec-1978.pdf}}}, - pages = {971--87}, - title = {Stochastic Implications of the Life-Cycle/Permanent Income Hypothesis: Theory and Evidence}, - volume = 96, - year = 1978, - url = {http://www.stanford.edu/~rehall/Stochastic-JPE-Dec- 1978.pdf}, -} - -@article{kv_microMacro, - author = {Greg Kaplan and Giovanni L. Violante}, - journal = {Journal of Economic Perspectives}, - month = {Summer}, - number = 3, - pages = {167--194}, - title = {Microeconomic Heterogeneity and Macroeconomic Shocks}, - volume = 32, - year = 2018, -} - -@article{auerbachKotlikoffDemographicsAndSaving, - author = {Auerbach, Alan J. and Cai, Jinyong and Kotlikoff, Laurence J.}, - journal = {Carnegie--Rochester Conference Series on Public Policy}, - month = {January}, - number = 1, - pages = {135--156}, - title = {{U.S. Demographics and Saving: Predictions of Three Saving Models}}, - volume = 34, - year = 1991, -} - -@article{curtisEtAl, - author = {Chadwick C. Curtis and Steven Lugauer and Nelson C. Mark}, - journal = {American Economic Journal: Macroeconomics}, - month = {April}, - number = 2, - pages = {58--94}, - title = {Demographic Patterns and Household Saving in China}, - volume = 7, - year = 2015, -} - -@article{imrohroglu_China, - author = {Imrohoroglu, Ayse and Zhao, Kai}, - journal = {Journal of Monetary Economics}, - number = {C}, - pages = {33--52}, - title = {The Chinese Saving Rate: Long-Term Care Risks, Family Insurance, and Demographics}, - volume = 96, - year = 2018, -} - -@article{bloomEtAl_JME07, - author = {Bloom, David E. and Canning, David and Mansfield, Richard K. and Moore, Michael}, - journal = {Journal of Monetary Economics}, - pages = {92--114}, - title = {Demographic Change, Social Security Systems and Savings}, - volume = 54, - year = 2007, -} - -@techreport{bosworthChodorowReich07, - author = {Barry Bosworth and Gabriel Chodorow--Reich}, - institution = {Center for Retirement Research, Boston College}, - number = 2, - type = {working paper}, - title = {Saving and Demographic Change: The Global Dimension}, - year = 2007, -} - -@incollection{elmendorfMankiw, - author = {Elmendorf, Douglas and Mankiw, N. Gregory}, - booktitle = {Handbook of Macroeconomics}, - chapter = 25, - edition = 1, - editor = {Taylor, J. B. and Woodford, M.}, - pages = {1615--1669}, - publisher = {Elsevier}, - title = {Government Debt}, - volume = {1, Part C}, - year = 1999, -} - -@ARTICLE{kmitchSaving, - author = {Janet H. Kmitch}, - title = {Alternative Measures of Personal Saving}, - journal = {Survey of Current Business}, - year = 2010, - volume = 90, - pages = {10--13}, - month = {October} -} - -@article{prSaving, - author = {Perozek, Maria G. and Marshall B. Reinsdorf}, - journal = {Survey of Current Business 82}, - month = {April}, - pages = {13--24}, - title = {Alternative Measures of Personal Saving}, - year = 2002, -} - -@article{cam87, - author = {Campbell, John Y.}, - journal = {Econometrica}, - pages = {1249--1273}, - title = {Does Saving Anticipate Declining Labor Income? An Alternative Test of the Permanent Income Hypothesis}, - volume = 55, - year = 1987, -} - -@book{slpMethods, - author = {Stokey, Nancy L. and Lucas, Robert E. and Edward C. Prescott}, - publisher = {Harvard University Press}, - title = {Recursive Methods in Economic Dynamics}, - year = 1989, -} - -@ARTICLE{mnUnique, - author = {Janusz Matkowski and Andrzej S. Nowak}, - title = {On Discounted Dynamic Programming With Unbounded Returns}, - journal = {Economic Theory}, - year = 2011, - volume = 46, - pages = {455--474} -} - -@article{zeldesStochastic, - author = {Zeldes, Stephen P.}, - journal = {Quarterly Journal of Economics}, - month = {May}, - number = 2, - pages = {275--298}, - title = {Optimal Consumption with Stochastic Income: {D}eviations from Certainty Equivalence}, - volume = 104, - year = 1989, -} - -@ARTICLE{szeidlInvariant, - author = {Szeidl, Adam}, - title = {Sta{\-}ble In{\-}vari{\-}ant Distribution in Buffer-Stock Sav{\-}ing and Sto{\-}chastic Growth Models}, - journal = {Manuscript, Central European University}, - year = 2013, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/szeidlInvariant.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/szeidlInvariant.pdf:PDF}, - note = {Available at \url{http://www.personal.ceu.hu/staff/Adam_Szeidl/papers/invariant_revision.pdf}} -} - -@article{mstCapIncFluct, - author = {Ma, Qingyin and Stachurski, John and Toda, Alexis Akira}, - journal = {arXiv preprint arXiv:1812.01320}, - title = {The Income Fluctuation Problem with Capital Income Risk: Optimality and Stability}, - year = 2018, - url = {https://arxiv.org/abs/1812.01320}, -} - -@article{benhabibWealth, - author = {Benhabib, Jess and Bisin, Alberto and Zhu, Shenghao}, - journal = {Journal of Economic Theory}, - note = {Available at \url{https://www.nber.org/papers/w20157.pdf}}, - pages = {489--515}, - publisher = {Elsevier}, - title = {The wealth distribution in Bewley economies with capital income risk}, - volume = 159, - year = 2015, - url = {https://www.sciencedirect.com/science/article/pii/ S0022053115001362}, -} - -@article{rabaultBorrowing, - author = {Rabault, Guillaume}, - journal = {Journal of Economic Dynamics and Control}, - number = 2, - pages = {217--245}, - publisher = {Elsevier}, - title = {When do borrowing constraints bind? Some new results on the income fluctuation problem}, - volume = 26, - year = 2002, -} - -@article{lsIncFluct, - author = {Li, Huiyu and Stachurski, John}, - journal = {Journal of Economic Dynamics and Control}, - pages = {353--365}, - publisher = {Elsevier}, - title = {Solving the income fluctuation problem with unbounded rewards}, - volume = 45, - year = 2014, -} - -@article{scheinkman&weiss:borrowing, - author = {Scheinkman, Jos\'e and Weiss, Laurence}, - journal = {Econometrica}, - number = 1, - pages = {23--46}, - title = {Borrowing Constraints and Aggregate Economic Activity}, - volume = 54, - year = 1986, -} - -@article{asHomogeneous, - author = {Alvarez, Fernando and Stokey, Nancy L}, - journal = {Journal of economic theory}, - number = 1, - pages = {167--189}, - publisher = {Elsevier}, - title = {Dynamic programming with homogeneous functions}, - volume = 82, - year = 1998, -} - -@article{rrExistence, - author = {Rinc{\'o}n-Zapatero, Juan Pablo and Rodr{\'\i}guez-Palmero, Carlos}, - journal = {Econometrica}, - number = 5, - pages = {1519--1555}, - publisher = {Wiley Online Library}, - title = {Existence and uniqueness of solutions to the Bellman equation in the unbounded case}, - volume = 71, - year = 2003, -} - -@article{mvExistence, - author = {Martins-da-Rocha, V Filipe and Vailakis, Yiannis}, - journal = {Econometrica}, - number = 3, - pages = {1127--1141}, - publisher = {Wiley Online Library}, - title = {Existence and uniqueness of a fixed point for local contractions}, - volume = 78, - year = 2010, -} - -@article{yaoNote, - author = {Jiaxiong Yao}, - journal = {Manuscript, Johns Hopkins University}, - title = {The Theoretical Foundations of Buffer Stock Saving: A Note}, - year = 2012, -} - -@article{duranDiscounting, - author = {Dur{\'a}n, Jorge}, - journal = {Economic Theory}, - number = 2, - pages = {395--413}, - publisher = {Springer}, - title = {Discounting long run average growth in stochastic dynamic programs}, - volume = 22, - year = 2003, -} - -@Article{jorgenson:ProductivityGrowthResurgence, - author = {Dale W. Jorgenson and Mun S. Ho and Kevin J. Stiroh}, - title = {A Retrospective Look at the U.S. Productivity Growth Resurgence}, - journal = {Journal of Economic Perspectives}, - year = 2008, - volume = 22, - number = 1, - pages = {3--24}, - month = {Winter}, -} - -@Article{fernald:disappointingRecovery, - author = {John G. Fernald and Robert Hall and James Stock and Mark Watson}, - title = {The Disappointing Recovery of Output after 2009}, - journal = {Brookings Papers on Economic Activity}, - year = 2017, - volume = {Spring}, -} - -@article{edge2007learning, - title = {Learning and shifts in long-run productivity growth}, - author = {Edge, Rochelle M and Laubach, Thomas and Williams, John C}, - journal = {Journal of Monetary Economics}, - volume = 54, - number = 8, - pages = {2421--2438}, - year = 2007, - publisher = {Elsevier} -} - -@ARTICLE{fnHousingHabits, - author = {Flavin, Marjorie and Shinobu Nakagawa}, - title = {A Model of Housing in the Presence of Adjustment Costs: A Structural Interpretation of Habit Persistence}, - journal = {The American Economic Review}, - year = 2008, - volume = 98, - pages = {474--495}, - number = 1, - note = {\\ \url{http://www.jstor.org/stable/29729980}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fnHousingHabits.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fnHousingHabits.pdf:PDF}, - publisher = {JSTOR}, - url = {http://www.jstor.org/stable/29729980} -} - -@techreport{fuhrer:IntrinsicPersistence, - author = {Jeffrey C. Fuhrer}, - institution = {Federal Reserve Bank of Boston}, - type = {Presentation at {NBER Summer Institute}}, - title = {Intrinsic Persistence in Expectations: Evidence from Micro Data}, - year = 2017, -} - -@article{fuhrer:JME17, - author = {Jeffrey C. Fuhrer}, - journal = {Journal of Monetary Economics}, - month = {April}, - pages = {22--55}, - title = {Expectations as a Source of Macroeconomic Persistence: Evidence from Survey Expectations in a Dynamic Macro Model}, - volume = 86, - year = 2017, -} - -@techreport{Kueng:Near-rationality, - title = {Explaining Consumption Excess Sensitivity with Near-Rationality: Evidence from Large Predetermined Payments}, - author = {Lorenz Kueng}, - institution = {National Bureau of Economic Research}, - type = {working paper}, - series = {working paper series}, - number = 21772, - year = 2015, - month = {December}, - doi = {10.3386/w21772}, -} - -@misc{kmpIncomeExpectations, - author = {Karahan, Fatih and Sean Mihaljevich and Laura Pilossoph}, - howpublished = {\href{http://libertystreeteconomics.newyorkfed.org/2017/11/understanding-permanent-and-temporary-income-shocks.html}{URL link retrieved on 03/02/2018 \texttt{here}.}}, - journal = {Liberty Street Economics}, - number = {November 08}, - type = {Blog}, - title = {Understanding Permanent and Temporary Income Shocks}, - year = 2017, -} - -@article{kalmanFilter, - Author = {Kalman, Rudolph Emil}, - Title = {A New Approach to Linear Filtering and Prediction Problems}, - Journal = {Transactions of the ASME--Journal of Basic Engineering}, - Volume = 82, - Number = {Series D}, - Pages = {35--45}, - Year = 1960 -} - -@Article{alvarezGuisoLippi:DurCons, - author = {Fernando Alvarez and Luigi Guiso and Francesco Lippi}, - title = {Durable Consumption and Asset Management with Transaction and Observation Costs}, - journal = {American Economic Review}, - year = 2012, - volume = 102, - number = 5, - pages = {2272--2300}, - month = {August}, - url = {https://ideas.repec.org/a/aea/aecrev/v102y2012i5p2272-2300.html} -} - -@Article{gabaixSparsityQJE, - author = {Xavier Gabaix}, - title = {A Sparsity-Based Model of Bounded Rationality}, - journal = {The Quarterly Journal of Economics}, - year = 2014, - volume = 129, - number = 4, - pages = {1661--1710}, - url = {https://ideas.repec.org/a/oup/qjecon/v129y2014i4p1661-1710.html} -} - -@TechReport{hebertWoodford, - author = {Benjamin H\'{e}bert and Michael Woodford}, - title = {Rational Inattention and Sequential Information Sampling}, - year = 2017, - month = Sep, - institution = {National Bureau of Economic Research}, - type = {NBER Working Papers}, - url = {https://ideas.repec.org/p/nbr/nberwo/23787.html}, - number = 23787, -} - -@Article{chettySzeidl:cCommitmentsEcta, - author = {Raj Chetty and Adam Szeidl}, - title = {Consumption Commitments and Habit Formation}, - journal = {Econometrica}, - year = 2016, - volume = 84, - pages = {855--890}, - month = 03, - url = {https://ideas.repec.org/a/wly/emetrp/v84y2016ip855-890.html} -} - -@ARTICLE{css10_stickyCgrowth_restat, - author = {Christopher D. Carroll and Jiri Sla{\-}calek and Martin Sommer}, - title = {International Evidence on Sticky Consumption Growth}, - journal = {The Review of Economics and Statistics}, - year = 2011, - volume = 93, - number = 4, - pages = {1135--1145}, - owner = {Jirka}, - timestamp = {2010.06.10} -} - -@ARTICLE{som07, - author = {Martin Sommer}, - title = {Habit Formation and Aggregate Consumption Dynamics}, - journal = {Advances in Macroeconomics}, - year = 2007, - volume = 7, - pages = {Article 21}, - number = 1 -} - -@article{mackWiedREStud15, - author = {Mackowiak, Bartosz and Wiederholt, Mirko}, - title = {Business Cycle Dynamics under Rational Inattention}, - journal = {The Review of Economic Studies}, - volume = 82, - number = 4, - pages = {1502--1532}, - year = 2015, - doi = {10.1093/restud/rdv027}, - URL = { + http://dx.doi.org/10.1093/restud/rdv027}, - eprint = {/oup/backfile/content_public/journal/restud/82/4/10.1093_restud_rdv027/2/rdv027.pdf} -} - -@Article{coibGor:AER15, - author = {Olivier Coibion and Yuriy Gorodnichenko}, - title = {{Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts}}, - journal = {American Economic Review}, - year = 2015, - volume = 105, - number = 8, - pages = {2644--2678}, - month = {August}, -} - -@article{msInertiaAER, - ISSN = 00028282, - URL = {http://www.jstor.org/stable/30034632}, - author = {Stephen Morris and Hyun Song Shin}, - journal = {The American Economic Review}, - number = 2, - pages = {152--157}, - publisher = {American Economic Association}, - title = {Inertia of Forward-Looking Expectations}, - volume = 96, - year = 2006 -} - -@article{ganong2017effect, - title = {The Effect of Debt on Default and Consumption: Evidence from Housing Policy in the Great Recession}, - author = {Ganong, Peter and Noel, Pascal}, - journal = {Unpublished Working Paper}, - year = 2017, - url = {https://scholar.harvard.edu/files/ganong/files/ganong_noel_housing_draft_2016-11-09.pdf} -} - -@article{hkmoHousingMPC, - author = {Aaron Hedlund and Fatih Karahan, Kurt Mitman, Serdar Ozkan}, - title = {Monetary Policy, Heterogeneity, and the Housing Channel}, - year = 2017, - journal = {RBNZ Conference on Heterogeneous Agents and Housing}, -} - -@article{druedahlNEGM, - url = {www.econ.ku.dk/druedahl/papers/2017_NEGM.pdf}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/druedahlNEGM.pdf}, - title = {A Fast Nested Endogenous Grid Method for Solving General Consumption-Saving Models}, - author = {Druedahl, Jeppe}, - journal = {Manuscript, University of Copenhagen} -} - -@Article{JBES1982, - author = {Perraudin, William R M and Sorensen, Bent E}, - title = {{The Credit-Constrained Consumer: An Empirical Study of Demand and Supply in the Loan Market}}, - journal = {Journal of Business and Economic Statistics}, - year = 1992, - volume = 10, - number = 2, - pages = {179-192}, - month = {April}, - abstract = {No abstract is available for this item.}, - url = {https://ideas.repec.org/a/bes/jnlbes/v10y1992i2p179-92.html} -} - -@Article{JBES1996, - author = {Ho, Mun S and Perraudin, William R M and Sorensen, Bent E}, - title = {{A Continuous-Time Arbitrage-Pricing Model with Stochastic Volatility and Jumps}}, - journal = {Journal of Business and Economic Statistics}, - year = 1996, - volume = 14, - number = 1, - pages = {31-43}, - month = {January}, - abstract = { The authors formulate and test a continuous time asset pricing model using U.S. equity market data. They assume that stock returns are driven by common factors including random jump-size Poisson processes and Brownian motions with stochastic volatility. The model places over-identifying restrictions on the mean returns allowing one to identify risk neutral probability distributions useful in pricing derivative securities. The authors test for the restrictions and decompose moments of the asset returns into the contributions made by different factors. Their econometric methods take full account of time aggregation.}, - url = {https://ideas.repec.org/a/bes/jnlbes/v14y1996i1p31-43.html} -} - -@Article{JECM2000, - author = {Perraudin, William R. M. and Sorensen, Bent E.}, - title = {{The demand for risky assets: Sample selection and household portfolios}}, - journal = {Journal of Econometrics}, - year = 2000, - volume = 97, - number = 1, - pages = {117-144}, - month = {July}, - abstract = {No abstract is available for this item.}, - url = {https://ideas.repec.org/a/eee/econom/v97y2000i1p117-144.html} -} - -@Article{JEcM1997, - author = {Andersen, Torben G. and Sorensen, Bent E.}, - title = {{GMM and QML asymptotic standard deviations in stochastic volatility models: Comments on Ruiz (1994)}}, - journal = {Journal of Econometrics}, - year = 1997, - volume = 76, - number = {1-2}, - pages = {397-403}, - abstract = {No abstract is available for this item.}, - url = {https://ideas.repec.org/a/eee/econom/v76y1997i1-2p397-403.html} -} - -@Article{JIE1998, - author = {Sorensen, Bent E. and Yosha, Oved}, - title = {{International risk sharing and European monetary unification}}, - journal = {Journal of International Economics}, - year = 1998, - volume = 45, - number = 2, - pages = {211-238}, - month = {August}, - url = {https://ideas.repec.org/a/eee/inecon/v45y1998i2p211-238.html} -} - -@Article{REStat1996, - author = {Ho, Mun S and Sorensen, Bent E}, - title = {{Finding Cointegration Rank in High Dimensional Systems Using the Johansen Test: An Illustration Using Data Based Monte Carlo Simulations}}, - journal = {The Review of Economics and Statistics}, - year = 1996, - volume = 78, - number = 4, - pages = {726-732}, - month = {November}, - abstract = { The authors examine the ability of the Johansen (1991) test to estimate the number of unit roots in high dimensional systems. They use data based Monte Carlo methods as a simple means of evaluating the validity of inference using asymptotic critical values. These simulations for a typical annual post-World War II dataset illustrate how the estimated number of unit roots change in a nonmonotone fashion with the dimension of the system, and with the number of lags in the VAR representation. The authors find that overparametrization in high dimensions is as bad as underparametrization. The Bayes information criteria outperforms the Akaike information criteria in their setup. Copyright 1996 by MIT Press.}, - url = {https://ideas.repec.org/a/tpr/restat/v78y1996i4p726-32.html} -} - -@Article{asGMM, - author = {Andersen, Torben G and Sorensen, Bent E}, - title = {{GMM Estimation of a Stochastic Volatility Model: A Monte Carlo Study}}, - journal = {Journal of Business and Economic Statistics}, - year = 1996, - volume = 14, - number = 3, - pages = {328-352}, - month = {July}, - abstract = { The authors examine alternative generalized method of moments procedures for estimation of a lognormal stochastic autoregressive volatility model by Monte Carlo methods. They document the existence of a trade-off between the number of moments, or information, included in estimation and the quality, or precision, of the objective function used for estimation. Furthermore, an approximation to the optimal weighting matrix is utilized to explore the impact of the weighting matrix for estimation, specification testing, and inference procedures. The results provide guidelines that help achieve desirable small sample properties in settings characterized by strong conditional heteroskedasticity and correlation among the moments.}, - url = {https://ideas.repec.org/a/bes/jnlbes/v14y1996i3p328-52.html} -} - -@Article{EJ1998, - author = {Albaek, Karsten and Sorensen, Bent E}, - title = {{Worker Flows and Job Flows in Danish Manufacturing, 1980-91}}, - journal = {Economic Journal}, - year = 1998, - volume = 108, - number = 451, - pages = {1750-1771}, - month = {November}, - abstract = { The authors map turnover of workers and jobs in Danish manufacturing over the 1980 to 1991 period, using information about all individual manufacturing plants. They examine the relation between worker flows and job flows and the authors study separations from, and hires to, existing jobs (replacement hiring) in detail. Their results reveal large heterogeneity among workers as well as plants, even adjusting for the level of job flows. The cyclical properties of worker reallocation point to worker-flow dynamics being driven by workers quitting in upturns to find better jobs, rather than by plants upgrading the labor force in recessions.}, - url = {https://ideas.repec.org/a/ecj/econjl/v108y1998i451p1750-71.html} -} - -@Article{RePEc:eee:eecrev:v:45:y:2001:i:7:p:1271-1310, - author = {Sorensen, Bent E. and Wu, Lisa and Yosha, Oved}, - title = {{Output fluctuations and fiscal policy: U.S. state and local governments 1978-1994}}, - journal = {European Economic Review}, - year = 2001, - volume = 45, - number = 7, - pages = {1271-1310}, - url = {https://ideas.repec.org/a/eee/eecrev/v45y2001i7p1271-1310.html} -} - -@Article{JEcM1999, - author = {Andersen, Torben G. and Chung, Hyung-Jin and Sorensen, Bent E.}, - title = {{Efficient method of moments estimation of a stochastic volatility model: A Monte Carlo study}}, - journal = {Journal of Econometrics}, - year = 1999, - volume = 91, - number = 1, - pages = {61-87}, - month = {July}, - abstract = {No abstract is available for this item.}, - url = {https://ideas.repec.org/a/eee/econom/v91y1999i1p61-87.html} -} - -@Article{JIMF2007, - author = {Sorensen, Bent E. and Wu, Yi-Tsung and Yosha, Oved and Zhu, Yu}, - title = {{Home bias and international risk sharing: Twin puzzles separated at birth}}, - journal = {Journal of International Money and Finance}, - year = 2007, - volume = 26, - number = 4, - pages = {587-605}, - month = {June}, - url = {https://ideas.repec.org/a/eee/jimfin/v26y2007i4p587-605.html} -} - -@Article{JPE2002, - author = {Charlotte Ostergaard and Bent E. S{\o}rensen and Oved Yosha}, - title = {{Consumption and Aggregate Constraints: Evidence from U.S. States and Canadian Provinces}}, - journal = {Journal of Political Economy}, - year = 2002, - volume = 110, - number = 3, - pages = {634-645}, - month = {June}, - abstract = {State-level consumption exhibits excess sensitivity to lagged income to the same extent as U.S. aggregate data, but state-specific (idiosyncratic) consumption exhibits substantially less sensitivity to lagged state-specific incomea result that also holds for Canadian provinces. We propose the following interpretation: borrowing and lending in response to changes in consumer demand are easier for individual U.S. states than for the United States as a whole, and therefore, the measured deviation from the benchmark permanent income hypothesis model is smaller. However, lagged state-specific variables help predict state-specific consumption, suggesting that the PIH model still requires qualification.}, - url = {https://ideas.repec.org/a/ucp/jpolec/v110y2002i3p634-645.html} -} - -@Article{RePEc:aeq:aeqaeq:v53_y2007_i1_q1_p3-17, - author = {Bent E. Sørensen and Oved Yosha}, - title = {{Producer Prices versus Consumer Prices in the Measurement of Risk Sharing}}, - journal = {Applied Economics Quarterly (formerly: Konjunkturpolitik)}, - year = 2007, - volume = 53, - number = 1, - pages = {3-17}, - keywords = {Inter-regional insurance; U.S.\ states; Consumption smoothing; Volume of output; Price indices}, - abstract = {In empirical research on the measurement of macroeconomic risk sharing there is no agreement on how Gross Domestic Product (GDP), or the corresponding series for regions, should be deflated. We present a stylized theoretical model that illustrates why the appropriate method for deflating nominal GDP (for the purpose of measuring risk sharing) is with a CPI deflator, not with a GDP deflator. We further explain that CPI deflated GDP (the ``consumption value'' of output) and GDP deflated with a GDP deflator (the volume of output) do represent the same underlying economic series up to measurement error. We illustrate the results estimating the amount of risk shared within subgroups of U.S. states.}, - url = {https://ideas.repec.org/a/aeq/aeqaeq/v53_y2007_i1_q1_p3-17.html} -} - -@Article{EconometricTheory1994, - author = {Nabeya, Seiji and S{\o}rensen, Bent E.}, - title = {{Asymptotic Distributions of the Least-Squares Estimators and Test Statistics in the Near Unit Root Model with Non-Zero Initial Value and Local Drift and Trend}}, - journal = {Econometric Theory}, - year = 1994, - volume = 10, - number = 05, - pages = {937-966}, - month = {December}, - abstract = {This paper considers the distribution of the Dickey-Fuller test in a model with non-zero initial value and drift and trend. We show how stochastic integral representations for the limiting distribution can be derived either from the local to unity approach with local drift and trend or from the continuous record asymptotic results of Sørensen [29]. We also show how the stochastic integral representations can be utilized as the basis for finding the corresponding characteristic functions via the Fredholm approach of Nabeya and Tanaka [16,17], This “link” between those two approaches may be of general interest. We further tabulate the asymptotic distribution by inverting the characteristic function. Using the same methods, we also find the characteristic function for the asymptotic distribution for the Schmidt-Phillips [26] unit root test. Our results show very clearly the dependence of the various tests on the initial value of the time series.}, - url = {https://ideas.repec.org/a/cup/etheor/v10y1994i05p937-966_00.html} -} - -@Article{REStat2010, - author = {Sebnem Kalemli-Ozcan and Ariell Reshef and Bent E S{\o}rensen and Oved Yosha}, - title = {{Why Does Capital Flow to Rich States?}}, - journal = {The Review of Economics and Statistics}, - year = 2010, - volume = 92, - number = 4, - pages = {769-783}, - month = {November}, - abstract = { The magnitude and the direction of net international capital flows do not fit neoclassical models. The fifty U.S. states comprise an integrated capital market with very low barriers to capital flows, which makes them an ideal testing ground for neoclassical models. We develop a simple frictionless open economy model with perfectly diversified ownership of capital and find that capital flows among the states are consistent with the model. Therefore, the small size and \"wrong\" direction of net international capital flows are likely due to frictions associated with national borders, not to inherent flaws in the neoclassical model. (c) 2010 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.}, - url = {https://ideas.repec.org/a/tpr/restat/v92y2010i4p769-783.html} -} - -@Article{EconometricTheory1992, - author = {S{\o}rensen, Bent E.}, - title = {{Continuous Record Asymptotics in Systems of Stochastic Differential Equations}}, - journal = {Econometric Theory}, - year = 1992, - volume = 8, - number = 01, - pages = {28-51}, - month = {March}, - abstract = {This paper considers estimation based on a set of T + 1 discrete observations, y (0), y ( h ), y (2 h ),…, y ( Th ) = y ( N ), where h is the sampling frequency and N is the span of the data. In contrast to the standard approach of driving N to infinity for a fixed sampling frequency, the current paper follows Phillips [35,36] and Perron [29] and examines the “dual” asymptotics implied by letting h tend to zero while the span N remains fixed.}, - url = {https://ideas.repec.org/a/cup/etheor/v8y1992i01p28-51_01.html} -} - -@Article{JME2010, - author = {Hryshko, Dmytro and José Luengo-Prado, María and S{\o}rensen, Bent E.}, - title = {{House prices and risk sharing}}, - journal = {Journal of Monetary Economics}, - year = 2010, - volume = 57, - number = 8, - pages = {975-987}, - month = {November}, - abstract = {Homeowners in the Panel Study of Income Dynamics are able to maintain a high level of consumption following job loss (or disability) in periods of rising local house prices while the consumption drop for homeowners who lose their job in times of lower house prices is substantial. These results are consistent with homeowners being able to access wealth gains when housing appreciates as witnessed by their ability to smooth consumption more than renters. A calibrated model of endogenous homeownership and consumption is able to reproduce the patterns in the data quite well and provides an interpretation of the empirical results.}, - url = {https://ideas.repec.org/a/eee/moneco/v57y2010i8p975-987.html} -} - -@Article{QE2011, - author = {Dmytro Hryshko and María José Luengo-Prado and Bent E. Sørensen}, - title = {{Childhood determinants of risk aversion: The long shadow of compulsory education}}, - journal = {Quantitative Economics}, - year = 2011, - volume = 2, - number = 1, - pages = {37-72}, - month = 03, - url = {https://ideas.repec.org/a/ecm/quante/v2y2011i1p37-72.html} -} - -@Article{BEJournal2012, - author = {Hryshko Dmytro and Luengo-Prado Maria and Sorensen Bent E.}, - title = {{The Effect of Education on Equity Holdings}}, - journal = {The B.E. Journal of Economic Analysis and Policy}, - year = 2012, - volume = 12, - number = 1, - pages = {1-41}, - month = {March}, - abstract = {We study the effect of education on equity ownership in the form of stocks or mutual funds (outside of retirement accounts). We find a causal effect of education on stockholding using the number of colleges in the county where the respondent grew up as an instrument and data from the Panel Study of Income Dynamics. The effect is particularly strong for whites from non-privileged backgrounds. We explore the channels through which education affects equity holdings using the Wisconsin Longitudinal Survey and find that, controlling for family fixed effects, increased cognition and features associated with having a white collar job appear to be the main channels.}, - url = {https://ideas.repec.org/a/bpj/bejeap/v12y2012i1n10.html} -} - -@Article{Canadian2012, - author = {Faruk Balli and Sebnem Kalemli-Ozcan and Bent E. Sorensen}, - title = {{Risk sharing through capital gains}}, - journal = {Canadian Journal of Economics}, - year = 2012, - volume = 45, - number = 2, - pages = {472-492}, - month = {May}, - abstract = {We estimate channels of international risk sharing between European Monetary Union (EMU), European Union, and other OECD countries, 1992-2007. We focus on risk sharing through savings, factor income flows, and capital gains. Risk sharing through factor income and capital gains was close to zero before 1999 but has increased since then. Risk sharing from capital gains, at about 6\%, is higher than risk sharing from factor income flows for European Union countries and OECD countries. Risk sharing from factor income flows is higher for euro zone countries, at 14\%, reflecting increased international asset and liability holdings in the euro area.}, - url = {https://ideas.repec.org/a/cje/issued/v45y2012i2p472-492.html} -} - -@Article{JIE2012, - author = {Kalemli-Ozcan, Sebnem and Sorensen, Bent and Yesiltas, Sevcan}, - title = {{Leverage across firms, banks, and countries}}, - journal = {Journal of International Economics}, - year = 2012, - volume = 88, - number = 2, - pages = {284-298}, - keywords = {Leverage; Crisis; International; Banks; Firms}, - doi = {10.1016/j.jinteco.2012.03}, - abstract = {We present new stylized facts on bank and firm leverage during the period 2000–2009 using internationally comparable micro level data from many countries. We document the following patterns: a) there was an increase in leverage for investment banks prior to the sub-prime crisis; b) there was no visible increase in leverage for the typical commercial bank and non-financial firm; c) off-balance-sheet items constitute a big fraction of assets, especially for large commercial banks in the US, whereas investment banks do not report these items; d) the leverage ratio is procyclical for investment banks and for large commercial banks in the US; e) banks in emerging markets with tighter bank regulation and stronger investor protection experienced significantly less deleveraging during the crisis. The results suggest that excessive risk taking before the crisis was not easily detectable because the risk involved the quality rather than the quantity of assets.}, - url = {https://ideas.repec.org/a/eee/inecon/v88y2012i2p284-298.html} -} - -@Article{AER2003, - author = {Sebnem Kalemli-Ozcan and Bent E. Sørensen and Oved Yosha}, - title = {{Risk Sharing and Industrial Specialization: Regional and International Evidence}}, - journal = {American Economic Review}, - year = 2003, - volume = 93, - number = 3, - pages = {903-918}, - month = {June}, - url = {https://ideas.repec.org/a/aea/aecrev/v93y2003i3p903-918.html} -} - -@Article{SocialIndicators2012, - author = {Cahit Guven and Bent Sørensen}, - title = {{Subjective Well-Being: Keeping Up with the Perception of the Joneses}}, - journal = {Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement}, - year = 2012, - volume = 109, - number = 3, - pages = {439-469}, - month = {December}, - keywords = {Happiness; Social comparison; Status; Perceptions; D14; D63; I31}, - doi = {10.1007/s11205-011-9910-x}, - abstract = {Using data from the US General Social Survey 1972–2004, we study the role of perceptions and status in self-reported happiness. Reference group income negatively relates to own happiness and high perceptions about own relative income, quality of dwelling, and social class relate positively and very significantly to happiness. Perceptions about income and status matter more for females, and for low income, conservative, more social, and less trusting individuals. Dwelling perceptions matter more for males, and for middle income, married, conservative, more social, and less trusting individuals. Copyright Springer Science+Business Media B.V. 2012}, - url = {https://ideas.repec.org/a/spr/soinre/v109y2012i3p439-469.html} -} - -@Article{EmpiricalEcon2013, - author = {Hatice Balli and Bent S{\o}rensen}, - title = {{Interaction effects in econometrics}}, - journal = {Empirical Economics}, - year = 2013, - volume = 45, - number = 1, - pages = {583-603}, - month = {August}, - keywords = {Non-linear regression; Interaction terms; C12; C13}, - doi = {10.1007/s00181-012-0604-2}, - abstract = {We provide practical advice for applied economists regarding robust specification and interpretation of linear regression models with interaction terms. We replicate a number of prominently published results using interaction effects and examine if they are robust to reasonable specification permutations. Copyright Springer-Verlag 2013}, - url = {https://ideas.repec.org/a/spr/empeco/v45y2013i1p583-603.html} -} - -@Article{Scandinavian2014, - author = {Sebnem Kalemli-Ozcan and Emiliano Luttini and Bent Sorensen}, - title = {{Debt Crises and Risk-Sharing: The Role of Markets versus Sovereigns}}, - journal = {Scandinavian Journal of Economics}, - year = 2014, - volume = 116, - number = 1, - pages = {253-276}, - month = 01, - url = {https://ideas.repec.org/a/bla/scandj/v116y2014i1p253-276.html} -} - -@Article{JEEA2014, - author = {Sebnem Kalemli-Ozcan and Bent Sorensen and Vadym Volosovych}, - title = {{Deep Financial Integration And Volatility}}, - journal = {Journal of the European Economic Association}, - year = 2014, - volume = 12, - number = 6, - pages = {1558-1585}, - month = {December}, - abstract = { We investigate the relationship between foreign direct ownership of firms and firm- and region-level output volatility using a novel panel data set for European countries. We document a positive, highly robust, relationship between firm-level foreign ownership and volatility of value added. This relationship holds cross-sectionally and in panels with firm fixed effects where the relationship captures within-firm variation over time. Considering domestic firms with assets in foreign countries, we document that it is international diversification, rather than the nationality of the owner, that explains this positive correlation. Our results can also be found at the aggregate level, where we show that region-level volatility is correlated positively with foreign investment in the region. We show that this positive relation between aggregate volatility and foreign investment can be explained by the granularity of the firm size distribution and the fact that foreign ownership is concentrated among the largest firms.}, - url = {https://ideas.repec.org/a/bla/jeurec/v12y2014i6p1558-1585.html} -} - -@Article{QJE1996, - author = {Pierfederico Asdrubali and Bent E. S{\o}rensen and Oved Yosha}, - title = {{Channels of Interstate Risk Sharing: United States 1963–1990}}, - journal = {The Quarterly Journal of Economics}, - year = 1996, - volume = 111, - number = 4, - pages = {1081-1110}, - abstract = {We develop a framework for quantifying the amount of risk sharing among states in the United States, and construct data that allow us to decompose the cross-sectional variance in gross state product into several components which we refer to as levels of smoothing. We find that 39 percent of shocks to gross state product are smoothed by capital markets, 13 percent are smoothed by the federal government, and 23 percent are smoothed by credit markets. The remaining 25 percent are not smoothed. We also decompose the federal government smoothing into subcategories: taxes, transfers, and grants to states.}, - url = {https://ideas.repec.org/a/oup/qjecon/v111y1996i4p1081-1110..html} -} - -@Article{J-Urban2016, - author = {Craig, Steven G. and Hemissi, Wided and Mukherjee, Satadru and S{\o}rensen, Bent E.}, - title = {{How do politicians save? Buffer-stock management of unemployment insurance finance}}, - journal = {Journal of Urban Economics}, - year = 2016, - volume = 93, - number = {C}, - pages = {18-29}, - keywords = {Government savings; Unemployment insurance; Impatience; Prudence}, - doi = {10.1016/j.jue.2016.02.002}, - abstract = {We fit an empirical structural model of forward looking government savings behavior to data from the U.S. state Unemployment Insurance (UI) programs 1976–2008. States increase benefits or lower taxes when Unemployment Trust fund balances are high, consistent with a desired target level of savings. This can be explained by the representative state program behaving like a Carroll (1992) buffer-stock consumer who trades off a desire to expend savings (impatience) against the fear of running out of funds (risk aversion). We calibrate the model to the data and find that statistics from model simulations match similar statistics produced from the data for reasonable levels of risk aversion and impatience.}, - url = {https://ideas.repec.org/a/eee/juecon/v93y2016icp18-29.html} -} - -@Article{AEJ2017, - author = {Yuliya Demyanyk and Dmytro Hryshko and María Jose Luengo-Prado and Bent E. S{\o}rensen}, - title = {{Moving to a Job: The Role of Home Equity, Debt, and Access to Credit}}, - journal = {American Economic Journal: Macroeconomics}, - year = 2017, - volume = 9, - number = 2, - pages = {149-181}, - month = {April}, - abstract = {We use individual-level credit reports merged with loan-level mortgage data to estimate how home equity interacted with mobility in relatively weak and strong labor markets in the United States during the Great Recession. We construct a dynamic model of housing, consumption, employment, and relocation, which provides a structural interpretation of our empirical results and allows us to explore the role that foreclosure played in labor mobility. We find that negative home equity is not a significant barrier to job-related mobility because the benefits of accepting an out-of-area job outweigh the costs of moving. This pattern holds even if homeowners are not able to default on their mortgages.}, - url = {https://ideas.repec.org/a/aea/aejmac/v9y2017i2p149-81.html} -} - -@TechReport{ORBIS, - author = {Sebnem Kalemli-Ozcan and Bent Sorensen and Carolina Villegas-Sanchez and Vadym Volosovych and Sevcan Yesiltas}, - title = {{How to Construct Nationally Representative Firm Level data from the ORBIS Global Database}}, - year = 2015, - month = Sep, - institution = {National Bureau of Economic Research, Inc}, - type = {NBER Working Papers}, - url = {https://ideas.repec.org/p/nbr/nberwo/21558.html}, - number = 21558, - abstract = {Firm-level data on productivity, financial activity and firms' international linkages have become essential for research in the fields of macro, international finance and growth. This paper describes the development of a firm-level global panel dataset for public and private companies based on the administrative micro-dataset ORBIS, provided commercially by Bureau van Dijk Electronic Publishing (BvD). The ORBIS database provides data on firms' financial and productive activities from balance sheets and income statements together with detailed information on firms' domestic and international ownership structure for over 130 million companies across the world. Researchers need to overcome several challenges before making the database usable for research. First, the database is not designed for large downloads that is essential for an econometric analysis. Second, there are several inherent biases in the database that affect the download process and lead to missing information. Third, the raw data may contain a number of irregularities which, if not dealt with, will result in data loss during a standard cleaning procedure. In combination, these issues cause minimal coverage of small firms, extensive missing data, and poor national representation. We give detailed instructions on the data gathering process from ORBIS in terms of downloading methodology and cleaning procedure so that a researcher can construct a database that is nationally representative with minimal missing information. We provide examples from several European countries to present the process and discuss the resulting dataset in detail.}, -} - -@book{NBEReich-4, - title = "NBER Macroeconomics Annual 2017, volume 32", - author = "Martin S. Eichenbaum and Jonathan Parker", - institution = "National Bureau of Economic Research", - type = "Book", - publisher = "University of Chicago Press", - year = 2017, - URL = "http://www.nber.org/books/eich-4", -} - -@article{lebaron2006agent, - title = {Agent-based computational finance}, - author = {LeBaron, Blake}, - journal = {Handbook of computational economics}, - volume = 2, - pages = {1187--1233}, - year = 2006, - publisher = {Elsevier} -} - -@article{qiu2017limited, - title = {Limited individual attention and online virality of low-quality information}, - author = {Qiu, Xiaoyan and Oliveira, Diego FM and Shirazi, Alireza Sahami and Flammini, Alessandro and Menczer, Filippo}, - journal = {Nature Human Behavior}, - volume = 1, - pages = 0132, - year = 2017 -} - -@article{epstein2009modelling, - title = {Modelling to contain pandemics}, - author = {Epstein, Joshua M}, - journal = {Nature}, - volume = 460, - number = 7256, - pages = {687--687}, - year = 2009, - publisher = {Nature Publishing Group} -} - -@article{gafhcghpyGetting, - title = {Getting at systemic risk via an agent-based model of the housing market}, - author = {Geanakoplos, John and Axtell, Robert and Farmer, Doyne J and Howitt, Peter and Conlee, Benjamin and Goldstein, Jonathan and Hendrey, Matthew and Palmer, Nathan M and Yang, Chun-Yi}, - journal = {The American Economic Review}, - volume = 102, - number = 3, - pages = {53--58}, - year = 2012, - publisher = {American Economic Association} -} - -@article{bfhltuMacroprudential, - title = {Macroprudential policy in an agent-based model of the UK housing market}, - author = {Baptista, Rafa and Farmer, J Doyne and Hinterschweiger, Marc and Low, Katie and Tang, Daniel and Uluc, Arzu}, - journal = {Bank of England Staff Working Paper No. 619: Macroprudential policy in an agent-based model of the UK housing market - Rafa Baptista, J Doyne Farmer, Marc Hinterschweiger, Katie Low, Daniel Tang and Arzu Uluc}, - year = 2016 -} - -@article{bdksLeverage, - title = {House Price Beliefs and Mortgage Leverage Choice}, - author = {Bailey, Michael C and D{\'a}vila, Eduardo and Kuchler, Theresa and Stroebel, Johannes}, - journal = {Manuscript}, - year = 2017 -} - -@article{reiterSolving, - title = {Solving heterogeneous-agent models by projection and perturbation}, - volume = 33, - number = 3, - journal = {Journal of Economic Dynamics and Control}, - author = {Reiter, Michael}, - month = mar, - year = 2009, - pages = {649--665}, -} - -@techreport{reiterApproximate, - title = {Approximate and {Almost}-{Exact} {Aggregation} in {Dynamic} {Stochastic} {Heterogeneous}-{Agent} {Models}}, - number = 258, - institution = {Institute for Advanced Studies}, - author = {Reiter, Michael}, - month = oct, - year = 2010, -} - -@article{summersWolf2, - author = {Summers, Lawrence H.}, - journal = {Financial Times interview}, - note = {\url{http://larrysummers.com/commentary/speeches/brenton-woods-speech/}}, - title = {Larry Summers and Martin Wolf on New Economic Thinking}, - year = 2011, - url = {http://larrysummers.com/commentary/speeches/brenton-woods-speech/}, -} - -@article{akerlofMMM, - author = {Akerlof, George A.}, - journal = {American Economic Review}, - note = {\url{https://www.aeaweb.org/articles?id=10.1257/aer.97.1.5}}, - number = 1, - pages = {5--36}, - title = {The Missing Motivation in Macroeconomics}, - volume = 97, - year = 2007, - url = {https://www.aeaweb.org/articles?id=10.1257/aer.97.1.5}, -} - -@article{shillerTeach, - author = {Shiller, Robert J.}, - journal = {Journal of Economic Education}, - number = 4, - pages = {403--09}, - title = {How Should the Financial Crisis Change How We Teach Economics?}, - volume = 41, - year = 2010, -} - -@article{stock_confidence_1991, - title = {Confidence intervals for the largest autoregressive root in {U}.{S}. macroeconomic time series}, - volume = 28, - url = {http://econpapers.repec.org/article/eeemoneco/v_3a28_3ay_3a1991_3ai_3a3_3ap_3a435-459.htm}, - number = 3, - journal = {Journal of Monetary Economics}, - author = {Stock, James}, - year = 1991, - pages = {435--459}, -} - -@article{tokuoka2013saving, - title = {Saving response to unemployment of a sibling}, - author = {Tokuoka, Kiichi}, - journal = {Journal of Economic Behavior and Organization}, - volume = 89, - pages = {58--75}, - year = 2013, - publisher = {Elsevier} -} - -@article{lmpPermShocks, - title = {Wage risk and employment risk over the life cycle}, - author = {Low, Hamish and Meghir, Costas and Pistaferri, Luigi}, - journal = {The American economic review}, - volume = 100, - number = 4, - pages = {1432--1467}, - year = 2010, - publisher = {American Economic Association} -} - -@techreport{gkosData, - title = {What do data on millions of US workers reveal about life-cycle earnings risk?}, - author = {Guvenen, Fatih and Karahan, Fatih and Ozkan, Serdar and Song, Jae}, - year = 2015, - institution = {National Bureau of Economic Research} -} - -@article{bsDigustibus, - title = {De gustibus non est disputandum}, - author = {Stigler, George J and Becker, Gary S}, - journal = {The American Economic Review}, - volume = 67, - number = 2, - pages = {76--90}, - year = 1977, - publisher = {JSTOR} -} - -@techreport{blanchardDSGE, - title = {Do DSGE Models Have a Future?}, - author = {Blanchard, Olivier}, - year = 2016, - note = {Available at \href{https://piie.com/system/files/documents/pb16-11.pdf}{https://piie.com/system/files/documents/pb16-11.pdf}}, - url = {https://piie.com/system/files/documents/pb16-11.pdf}, - institution = {Petersen Institute for International Economics} -} - -@techreport{haldaneDappled, - title = {The Dappled World}, - author = {Haldane, Andy}, - year = 2016, - note = {Available at \href{http://www.bankofengland.co.uk/publications/Pages/speeches/2016/937.aspx}{http://www.bankofengland.co.uk/publications/Pages/speeches/2016/937.aspx}}, - url = {http://www.bankofengland.co.uk/publications/Pages/speeches/2016/937.aspx}, - journal = {Speech Given at GLS Shackle Biennial Memorial Lecture}, - institution = {Bank of England}, - month = {November} -} - -@article{auclertMPC, - title = {Monetary policy and the redistribution channel}, - author = {Auclert, Adrien}, - journal = {Unpublished manuscript}, - year = 2015 -} - -@misc{yellenHetero, - url = {https://www.federalreserve.gov/newsevents/speech/yellen20161014a.htm}, - note = {Available at \href{https://www.federalreserve.gov/newsevents/speech/yellen20161014a.htm}{https://www.federalreserve.gov/newsevents/speech/yellen20161014a.htm}}, - author = {Yellen, Janet}, - journal = {At \emph{The Elusive `Great' Recovery: Causes and Implications for Future Business Cycle Dynamics} 60th annual economic conference sponsored by the Federal Reserve Bank of Boston, Boston, Massachusetts}, - title = {Macroeconomic Research After the Crisis}, - year = 2016, - month = {October}, - day = 16 -} - -October 14, 2016 - - -Chair Janet L. Yellen - -At "The Elusive 'Great' Recovery: Causes and Implications for Future Business Cycle Dynamics" 60th annual economic conference sponsored by the Federal Reserve Bank of Boston, Boston, Massachusetts - -@misc{coeureHetero, - author = {Coeure, Benoit}, - title = {The relevance of household-level data for monetary policy and financial stability analysis}, - url = {http://www.ecb.europa.eu/press/key/date/2013/html/sp131017.en.html}, - journal = {Opening Remarks Delivered at ECB Conference on Household Finance and Consumption}, - year = 2013, - month = {October}, - day = 17, - notes = {Available at \href{http://www.ecb.europa.eu/press/key/date/2013/html/sp131017.en.html}{http://www.ecb.europa.eu/press/key/date/2013/html/sp131017.en.html}} -} - -@ARTICLE{ElizabethWhy, - author = {Elizabeth, Queen~of~England}, - title = {The economic forecasters' failing vision}, - journal = {Financial Times}, - year = 2008, - note = {https://www.ft.com/content/50007754-ca35-11dd-93e5-000077b07658}, - date = {November 25, 2008}, - url = {https://www.ft.com/content/50007754-ca35-11dd-93e5-000077b07658} -} - -@techreport{akmwwInequality-Discuss, - author = {Christopher D. Carroll and Edmund Crawley}, - title = {Discussion of `When Inequality Matters for Macro and Macro Matters for Inequality'}, - year = 2017, - journal = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - institution = {NBER}, - url = {https://www.econ2.jhu.edu/people/ccarroll/discuss/2017-04_NBER_Macro-Annual/akmwwInequality/} -} - -@article{akmwwInequality, - title = {When Inequality Matters for Macro and Macro Matters for Inequality}, - author = {SeHyoun Ahn and Greg Kaplan and Benjamin Moll and Thomas Winberry and Christian Wolf}, - journal = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 2017, - editor = {Jonathan Parker and Martin S. Eichenbaum, Organizers}, - volume = 32, - url = {http://www.princeton.edu/~moll/WIMM.pdf}, - address = {Cambridge, MA}, -} - -@ARTICLE{infrastructureNYT, - author = {Jennifer Steinhauer}, - title = {Republicans Now Marching With Trump on Ideas They Had Opposed}, - journal = {New York Times}, - year = 2017, - month = {January}, - day = 27, - note = {\url{https://www.nytimes.com/2017/01/26/us/politics/trump-republican-retreat.html}}, - url = {\url{https://www.nytimes.com/2017/01/26/us/politics/trump-republican-retreat.html}}, -} - -@techreport{amkstPuzzle, - title = "Late-in-Life Risks and the Under-Insurance Puzzle", - author = "John Ameriks and Joseph Briggs and Andrew Caplin and Matthew D. Shapiro and Christopher Tonetti", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = 22726, - year = 2016, - month = "October", - doi = {10.3386/w22726}, - URL = "http://www.nber.org/papers/w22726", - abstract = {Individuals face significant late-in-life risks, including needing long-term care (LTC). Yet, they hold little long-term care insurance (LTCI). Using both “strategic survey questions,” which identify preferences, and stated demand questions, this paper investigates the degree to which a fundamental lack of interest and poor product features determine low LTCI holdings. It estimates a rich set of individual-level preferences and uses a life-cycle model to predict insurance demand, finding that better insurance would be far more widely held than are products in the market. Comparing stated and model-predicted demand shows that flaws in existing products provide a significant, but partial, explanation for this under-insurance puzzle.}, -} - -@article{fjFutureGrowth, - Author = {Fernald, John G. and Jones, Charles I.}, - Title = {The Future of US Economic Growth}, - Journal = {American Economic Review}, - Volume = 104, - Number = 5, - Year = 2014, - Month = {May}, - Pages = {44-49}, - DOI = {10.1257/aer.104.5.44}, - URL = {https://www.aeaweb.org/articles?id=10.1257/aer.104.5.44}, - notes = {Available at {http://web.stanford.edu/~chadj/FernaldJones2014.pdf}} -} - -@techreport{kocherlakotaTrouble, - author = {Kocherlakota, Narayana}, - title = {Thoughts on `The Trouble With Macroeconomics'}, - url = {https://sites.google.com/site/kocherlakota009/home/research/9-15-16}, - note = {\url{https://sites.google.com/site/kocherlakota009/home/research/9-15-16}}, - month = {September}, - year = 2016, - institution = {Kocherlakota Blog} -} - -@ARTICLE{caballeroPretense, - author = {Caballero, Ricardo J.}, - title = {Macroeconomics after the Crisis: Time to Deal with the Pretense-of-Knowledge Syndrome}, - journal = {Journal of Economic Perspectives}, - year = 2010, - volume = 24, - pages = {85--102}, - number = 4, - note = {\url{https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.24.4.85}}, - doi = {10.1257/jep.24.4.85}, - url = {https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.24.4.85} -} - -@techreport{romerTrouble, - author = {Romer, Paul}, - title = {The Trouble With Macroeconomics}, - url = {https://paulromer.net/wp-content/uploads/2016/09/WP-Trouble.pdf}, - year = 2016, - month = {September}, - institution = {\url{http://paulromer.net}}, - note = {Available at \url{https://paulromer.net/wp-content/uploads/2016/09/WP-Trouble.pdf}}, -} - -@techreport{keynesMaster, - author = {Keynes, John Maynard}, - title = {The Collected Writings of John Maynard Keynes}, - volume = {X}, - year = 1972, - publisher = {Royal Economic Society}, - url = {http://www.goodreads.com/quotes/798690-the-master-economist-must-possess-a-rare-combination-of-gifts}, - note = {\url{http://www.goodreads.com/quotes/798690-the-master-economist-must-possess-a-rare-combination-of-gifts}} -} - -@techreport{dkpQE, - title = "How Quantitative Easing Works: Evidence on the Refinancing Channel", - author = "Marco {Di Maggio} and Amir Kermani and Christopher Palmer", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = 22638, - year = 2016, - month = "September", - doi = {10.3386/w22638}, - URL = "http://www.nber.org/papers/w22638", - abstract = {Despite massive large-scale asset purchases (LSAPs) by central banks around the world since the global financial crisis, there is a lack of empirical evidence on whether and how these programs affect the real economy. Using rich borrower-linked mortgage-market data, we document that there is a “flypaper effect” of LSAPs, where the transmission of unconventional monetary policy to interest rates and (more importantly) origination volumes depends crucially on the assets purchased and degree of segmentation in the market. For example, QE1, which involved significant purchases of GSE-guaranteed mortgages, increased GSE-eligible mortgage originations significantly more than the origination of GSE-ineligible mortgages. In contrast, QE2's focus on purchasing Treasuries did not have such differential effects. We find that the Fed's purchase of MBS (rather than exclusively Treasuries) during QE1 resulted in an additional \$600 billion of refinancing, substantially reduced interest payments for refinancing households, led to a boom in equity extraction, and increased refinancing mortgagors’ consumption by an additional \$76 billion. This de facto allocation of credit across mortgage market segments, combined with sharp bunching around GSE eligibility cutoffs, establishes an important complementarity between monetary policy and macroprudential housing policy. Our counterfactual simulations estimate that relaxing GSE eligibility requirements would have significantly increased refinancing activity in response to QE1, including a 20\% increase in equity extraction by households. Overall, our results imply that central banks could most effectively provide unconventional monetary stimulus by supporting the origination of debt that would not be originated otherwise.}, -} - -@article{grodzickiCCC, - title = {The Evolution of Competition in the Credit Card Market}, - author = {Grodzicki, Daniel}, - journal = {The Pennsylvania State University}, - year = 2015 -} - -@article{ausubelFailure, - title = {The failure of competition in the credit card market}, - author = {Ausubel, Lawrence M}, - journal = {The American Economic Review}, - pages = {50--81}, - year = 1991, - publisher = {JSTOR} -} - -@article{pikettyCapital, - title = {Capital in the twenty-first century}, - author = {Piketty, Thomas}, - journal = {Cambridge, MA, London}, - year = 2014 -} - -@article{rognliePiketty, - author = {Rognlie, Matthew}, - title = {A Note on Piketty and Diminishing Returns to Capital}, - url = {http://www.mit.edu/~mrognlie/piketty_diminishing_returns.pdf}, - journal = {Under revision, Brookings Papers on Economic Activity}, - year = 2014, -} - -@article{Piketty_Saez2003, - author = {Thomas Piketty and Emmanuel Saez}, - journal = {Quarterly Journal of Economics}, - number = 1, - pages = {1--39}, - title = {Income Inequality in the United States, 1913--1998}, - volume = 118, - year = 2003, -} - -@TECHREPORT{fgmpReturns, - title = {Heterogeneity in Returns to Wealth and the Measurement of Wealth Inequality}, - author = {Fagereng, Andreas and Luigi Guiso and Davide Malacrino and Luigi Pistaferri}, - year = 2016, - institution = {Einaudi Institute for Economics and Finance (EIEF)}, - type = {EIEF Working Papers Series}, - number = {16/1}, - url = {http://www.eief.it/files/2016/01/wp-01-heterogeneity-in-returns-to-wealth-and-the-measurement-of-wealth-inequality.pdf}, - note = {Available at \url{http://llorracc.net/cited/fgmpReturns}} -} - -@techreport{ghosDespiteUzawa, - title = "Balanced Growth Despite Uzawa", - author = "Gene M. Grossman and Elhanan Helpman and Ezra Oberfield and Thomas Sampson", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = 21861, - year = 2016, - month = "January", - doi = {10.3386/w21861}, - URL = "http://www.nber.org/papers/w21861", - abstract = {The evidence for the United States points to balanced growth despite falling investment-good prices and an elasticity of substitution between capital and labor less than one. This is inconsistent with the Uzawa Growth Theorem. We extend Uzawa's theorem to show that the introduction of human capital accumulation in the standard way does not resolve the puzzle. However, balanced growth is possible if schooling is endogenous and capital is more complementary with schooling than with raw labor. We describe balanced growth paths for a variety of neoclassical growth models with capital-augmenting technological progress and endogenous schooling. The balanced growth path in an overlapping-generations model in which individuals choose the duration of their education matches key features of the U.S. economic record.}, -} - -@article{WhiteENDG, - author = "Matthew N. White", - title = "The Method of Endogenous Gridpoints in Theory and Practice", - year = 2015, - journal = "Journal of Economic Dynamics and Control", - volume = 60, - pages = "26-41", - url = {http://dx.doi.org/10.1016/j.jedc.2015.08.001}, - doi = {10.1016/j.jedc.2015.08.001}, - notePri = {http://llorracc.net/papers/WhiteENDG} -} - -@TechReport{cpHetero, - Title = {The Heterogeneous-Agent Computational toolKit: An Extensible Framework for Solving and Estimating Heterogeneous-Agent Models}, - Author = {Carroll, Christopher D and Palmer, Nathan M}, - Institution = {Johns Hopkins University and Office of Financial Research}, - Journal = {Computing in Economics and Finance 2015, Taipei, Taiwan}, - Year = 2015, - Month = {June}, - url = {https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=CEF2015&paper_id=523}, - note = {Available at \url{https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=CEF2015&paper_id=523}}, -} - -@article{rodrikRules, - author = {Rodrik, Dani}, - title = {Economics Rules}, - url = {https://www.youtube.com/watch?feature=youtu.be&t=29m&v=Yxbcb7hxZP0&app=desktop}, - note = {Available at \href{https://www.youtube.com/watch?feature=youtu.be&t=29m&v=Yxbcb7hxZP0&app=desktop}{YouTube}}, - journal = {YouTube}, - year = 2015 -} - -@article{samuelson1937note, - title = {A note on measurement of utility}, - author = {Samuelson, Paul A}, - journal = {The Review of Economic Studies}, - volume = 4, - number = 2, - pages = {155--161}, - year = 1937, - publisher = {JSTOR} -} - -@article{samuelson1979we, - title = {Why we should not make mean log of wealth big though years to act are long}, - author = {Samuelson, Paul A}, - journal = {Journal of Banking and Finance}, - volume = 3, - number = 4, - pages = {305--307}, - year = 1979, - publisher = {Elsevier}, - doi = {http://dx.doi.org/10.1016/0378-4266(79)90023-2} -} - -@article{BueraShin2009, - title = {Productivity Growth and Capital Flows: The Dynamics of Reform}, - author = {Buera, Francisco and Yongseok Shin}, - journal = {NBER Working Paper 15268}, - year = 2009 -} - -@article{Benhima2013, - title = {A Reappraisal of the Allocation Puzzle through the Portfolio Approach}, - author = {Benhima, Kenza}, - journal = {Journal of international Economics}, - volume = 89, - number = 2, - pages = {331--346}, - year = 2013, - publisher = {Elsevier} -} - -@article{BachettaBenhima2015, - title = {The Demand for Liquid Assets, Corporate Saving and Global Imbalances}, - author = {Bacchetta, Philippe and Kenza Benhima}, - journal = {Journal of the European Economic Association}, - volume = {forthcoming}, - year = 2015 -} - -@misc{deatonStateCapacity, - author = {Angus Deaton}, - title = {Weak States, Poor Countries}, - journal = {Project Syndicate}, - year = 2013, - url = {http://www.project-syndicate.org/commentary/economic-development-requires-effective-governments-by-angus-deaton}, - note = {Available at \texttt{\href{http://www.project-syndicate.org/commentary/economic-development-requires-effective-governments-by-angus-deaton}{Project Syndicate}}} -} - -@book{brynjolfsson2014second, - title = {The second machine age: work, progress, and prosperity in a time of brilliant technologies}, - author = {Brynjolfsson, Erik and McAfee, Andrew}, - year = 2014, - publisher = {WW Norton \& Company} -} - -@techreport{assMiddleClass, - title = "Loan Originations and Defaults in the Mortgage Crisis: The Role of the Middle Class", - author = "Manuel Adelino and Antoinette Schoar and Felipe Severino", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = 20848, - year = 2015, - month = "January", - doi = {10.3386/w20848}, - URL = "http://www.nber.org/papers/w20848", - abstract = {We provide new facts on the debt dynamics leading up to the financial crisis of 2007. Earlier research suggests that distortions in the supply of mortgage credit, evidenced by a decoupling of credit flow from income growth, may have caused the rise in house prices and the subsequent housing market collapse. This paper shows that the increase in mortgage originations was shared across the whole distribution of borrowers, and that middle- and high-income borrowers made up the majority of originations even at the peak of the boom. Compared to prior years, middle- and high-income borrowers (not the poor), as well as those with medium and high credit scores, made up a much larger share of delinquencies in the crisis relative to earlier years. We show that the relation between individual mortgage size and income growth during the housing boom was always strongly positive, also in line with previous periods (and independent of how income is measured). These results are most consistent with an expectations based view of the financial crisis in which both homebuyers and lenders were buying into increasing housing values and defaulted once prices dropped. }, -} - -@TECHREPORT{aydinMPCLiq, - title = {The Marginal Propensity to Consume out of Liquidity}, - author = {Aydin, Deniz}, - year = 2015, - institution = {Stanford Institute for Economic Policy Research}, - type = {Discussion Papers}, - number = {15-010}, - abstract = {This paper presents novel tests of competing models of intertemporal consumption behavior using unique European administrative panel data on income, spending and assets. I estimate the marginal propensity to consume (MPC) out of ‘liquidity’ -the debt response to a change in borrowing capacity- using changes in credit card limits in a randomized controlled trial implemented in September 2014 involving fifty-five thousand individuals. I obtain four empirical results: First, borrowing constraints change consumption dynamics even when they are not strictly binding. Two-thirds of the population accumulate a significant average of 20 cent of debt per dollar limit increase, relative to the control group. Second, the heterogeneity of the MPC is exclusively in line with precautionary models, a decreasing function of cash-on-hand. Third, the debt response to liquidity and credit card utilization are stationary. Fourth, additional liquidity is spent mostly on durables and services using installments, with a smaller fraction spent on non-durables and taken out as cash advances. I then use a workhorse Bewley model with realistic income risk and show that the joint dynamics of consumption, debt and the balance sheet in response to a change in borrowing constraints can be used to calibrate and test intertemporal models. Debt response to liquidity shocks identifies preference parameters via a simulated moments estimator. Hump-shaped debt response and mean-reverting credit card utilization are not consistent with myopia as the underlying preferences.}, - keywords = {consumption; debt; borrowing con- straints; precautionary saving; permanent income hypothesis; field experiment.}, - url = {http://EconPapers.repec.org/RePEc:sip:dpaper:15-010}, - notePri = {http://llorracc.net/aydinMPCLiq.pdf} -} - -@article{agarwalQuianSingaporeMPC, - author = {Sumit Agarwal and Wenlan Qian}, - journal = {American Economic Review}, - title = {Consumption and Debt Response to Unanticipated Income Shocks: Evidence from a Natural Experiment in Singapore}, - volume = 104, - number = 12, - year = 2014, - pages = {4205--4230}, -} - -@misc{SSLifeTables, - title = {Actuarial Life Table}, - author = {{Social Security Administration}}, - year = 2010, - note = {available at \url{http://www.ssa.gov/oact/STATS/table4c6.html}}, -} - -@inbook{WhyDoRichSaveNoURL, - author = {Christopher D. Carroll}, - editor = {Joel B. Slemrod}, - title = {Does Atlas Shrug? The Economic Consequences of Taxing the Rich}, - year = 2000, - chapter = 14, - pages = {465--484} -} - -@inbook{WhyDoRichSave, - author = {Christopher D. Carroll}, - booktitle = {Does Atlas Shrug? The Economic Consequences of Taxing the Rich}, - editor = {Joel B. Slemrod}, - publisher = {Harvard University Press}, - title = {Why Do the Rich Save So Much?}, - chapter = 14, - year = 2000, - url = {https://www.econ2.jhu.edu/people/ccarroll/Why.pdf}, -} - -@inbook{WhyDoTheRich, - author = {Christopher D. Carroll}, - booktitle = {Does Atlas Shrug? The Economic Consequences of Taxing the Rich}, - editor = {Joel B. Slemrod}, - publisher = {Harvard University Press}, - title = {Why Do the Rich Save So Much?}, - chapter = 14, - year = 2000, - url = {https://llorracc.github.com/WhyDoTheRich/}, -} - -@article{ksHeteroPort, - author = {Krusell, Per and Smith, Anthony A.}, - journal = {Macroeconomic Dynamics}, - number = 2, - pages = {387--422}, - title = {Income and Wealth Heterogeneity, Portfolio Choice and Equilibrium Asset Returns}, - volume = 1, - year = 1997, -} - -@Article{heathcote_fiscalPolicy, - author = {Jonathan Heathcote}, - title = {Fiscal Policy with Heterogeneous Agents and Incomplete Markets}, - journal = {Review of Economic Studies}, - year = 2005, - volume = 72, - number = 1, - pages = {161--188}, -} - -@article{kaplanViolanteWeidner_wealthyH2M, - author = {Violante, Gianluca and Kaplan, Greg and Weidner, Justin}, - journal = {Brookings Papers on Economic Activity}, - pages = {77--138}, - title = {The Wealthy Hand-to-Mouth}, - volume = {Spring}, - year = 2014, - abstract = {The wealthy hand-to-mouth are households who hold little or no liquid wealth (e.g. cash, checking, and saving accounts), despite owning sizable amounts of illiquid assets (i.e., assets that carry a transaction cost, such as housing, large durables, or retirement accounts). This portfolio configuration implies that these households have large marginal propensities to consume out of small income changes –a key determinant of the macroeconomic effects of fiscal policy. The wealthy hand-to-mouth, therefore, behave in many respects like households with little or no net worth, yet they escape standard definitions (and empirical measurements) of hand-to-mouth agents based on net worth. We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and Spain to document the share of such households across countries, their demographic characteristics, the composition of their balance sheet, and the persistence of hand-to-mouth status over the life cycle. Finally, we discuss the implications of this group of consumers for macroeconomic modelling and policy analysis.}, -} - -@TECHREPORT{kaplanViolanteWeidner_wealthyH2M_SED, - title = {The Wealthy Hand-to-Mouth}, - author = {Violante, Gianluca and Kaplan, Greg and Weidner, Justin}, - year = 2014, - institution = {Society for Economic Dynamics}, - type = {2014 Meeting Papers}, - number = 192, - abstract = {The wealthy hand-to-mouth are households who hold little or no liquid wealth (e.g. cash, checking, and saving accounts), despite owning sizable amounts of illiquid assets (i.e., assets that carry a transaction cost, such as housing, large durables, or retirement accounts). This portfolio configuration implies that these households have large marginal propensities to consume out of small income changes –a key determinant of the macroeconomic effects of fiscal policy. The wealthy hand-to-mouth, therefore, behave in many respects like households with little or no net worth, yet they escape standard definitions (and empirical measurements) of hand-to-mouth agents based on net worth. We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and Spain to document the share of such households across countries, their demographic characteristics, the composition of their balance sheet, and the persistence of hand-to-mouth status over the life cycle. Finally, we discuss the implications of this group of consumers for macroeconomic modelling and policy analysis.}, - url = {http://EconPapers.repec.org/RePEc:red:sed014:192} -} - -@techreport{coronadoEtAl, - author = {Coronado, Julia Lynn and Lupton, Joseph P. and Sheiner, Louise M.}, - institution = {Federal Reserve Board}, - number = 32, - type = {FEDS discussion paper}, - title = {The Household Spending Response to the 2003 Tax Cut: Evidence from Survey Data}, - year = 2005, -} - -@Article{ssBang, - author = {Matthew D. Shapiro and Joel Slemrod}, - title = {Did the 2008 Tax Rebates Stimulate Spending?}, - journal = {American Economic Review}, - year = 2009, - volume = 99, - number = 2, - pages = {374--79}, - month = {May}, - abstract = {Only one-fifth of respondents to a rider on the University of Michigan Survey Research Center's Monthly Survey said that the 2008 tax rebates would lead them to mostly increase spending. Almost half said the rebate would mostly lead them to pay off debt, while about a third saying it would lead them mostly to save more. The survey responses imply that the aggregate propensity to spend from the rebate was about one-third, and that there would not be substantially more spending as a lagged effect of the rebates. Because of the low spending propensity, the rebates in 2008 provided low \"bang for the buck\" as economic stimulus. Putting cash into the hands of the consumers who use it to save or pay off debt boosts their well-being, but it does not necessarily make them spend. Low-income individuals were particularly likely to use the rebate to pay off debt.

    (This abstract was borrowed from another version of this item.)}, - url = {http://ideas.repec.org/a/aea/aecrev/v99y2009i2p374-79.html} -} - -@techreport{pseIncDistributionAndC, - author = {Luigi Pistaferri and Itay Saporta-Eksten}, - institution = {Ministry of Economy and Finance, Italy}, - number = 11, - type = {working paper}, - title = {Changes in the Income Distribution and Aggregate Consumption}, - year = 2012, -} - -@techreport{mcKayPapp:wageRiskOverBC, - author = {McKay, Alisdair and Papp, Tamas}, - institution = {Boston University}, - number = 28, - type = {working paper}, - title = {Accounting for Idiosyncratic Wage Risk Over the Business Cycle}, - year = 2011, -} - -@article{brickerEtAl:SCF2010, - author = {Bricker, Jesse and Kennickell, Arthur B. and Moore, Kevin B. and Sabelhaus, John}, - institution = {Board of Governors of the Federal Reserve System}, - journal = {Federal Reserve Bulletin}, - month = {June}, - number = 2, - pages = {1--80}, - title = {Changes in U.S. Family Finances from 2007 to 2010: Evidence from the Survey of Consumer Finances}, - volume = 98, - year = 2012, -} - -@article{brickerEtAl:topWealth, - author = {Bricker, Jesse and Henriques, Alice M. and Krimmel, Jacob and Sabelhaus, John}, - journal = {Brookings Papers on Economic Activity}, - pages = {261--321}, - title = {Measuring Income and Wealth at the Top Using Administrative and Survey Data}, - volume = {Spring}, - year = 2016, - abstract = {Administrative tax data indicate that U.S. top income and wealth shares are substantial and increasing rapidly (Piketty and Saez 2003, Saez and Zucman 2014). A key reason for using administrative data to measure top shares is to overcome the under-representation of families at the very top that plagues most household surveys. However, using tax records alone restricts the unit of analysis for measuring economic resources, limits the concepts of income and wealth being measured, and imposes a rigid correlation between income and wealth. The Survey of Consumer Finances (SCF) solves the under-representation problem by combining administrative and survey data (Bricker et al, 2014). Administrative records are used to select the SCF sample and verify that high-end families are appropriately represented, and the survey is designed to measure comprehensive concepts of income and wealth at the family level. The SCF shows high and rising top income and wealth shares, as in the ad ministrative tax data. However, unadjusted, the levels and growth based on administrative tax data alone appear to be substantially larger. By constraining the SCF to be conceptually comparable, we reconcile the differences, and show the extent to which restrictions and rigidities needed to estimate top income and wealth shares in the administrative data bias up levels and growth rates.}, - keywords = {Administrative data; survey data; top income shares; top wealth shares}, -} - -@TechReport{brickerEtAl:topWealthWP, - author = {Bricker, Jesse and Henriques, Alice M. and Krimmel, Jacob and Sabelhaus, John}, - title = {Measuring Income and Wealth at the Top Using Administrative and Survey Data}, - year = 2015, - month = Apr, - institution = {Board of Governors of the Federal Reserve System}, - type = {Finance and Economics Discussion Series}, - number = {2015-30}, - abstract = {Administrative tax data indicate that U.S. top income and wealth shares are substantial and increasing rapidly (Piketty and Saez 2003, Saez and Zucman 2014). A key reason for using administrative data to measure top shares is to overcome the under-representation of families at the very top that plagues most household surveys. However, using tax records alone restricts the unit of analysis for measuring economic resources, limits the concepts of income and wealth being measured, and imposes a rigid correlation between income and wealth. The Survey of Consumer Finances (SCF) solves the under-representation problem by combining administrative and survey data (Bricker et al, 2014). Administrative records are used to select the SCF sample and verify that high-end families are appropriately represented, and the survey is designed to measure comprehensive concepts of income and wealth at the family level. The SCF shows high and rising top income and wealth shares, as in the ad ministrative tax data. However, unadjusted, the levels and growth based on administrative tax data alone appear to be substantially larger. By constraining the SCF to be conceptually comparable, we reconcile the differences, and show the extent to which restrictions and rigidities needed to estimate top income and wealth shares in the administrative data bias up levels and growth rates.}, - keywords = {Administrative data; survey data; top income shares; top wealth shares}, -} - -@article{dsSecular, - title = {Fiscal Policy in a Depressed Economy [with Comments and Discussion]}, - author = {DeLong, J Bradford and Summers, Lawrence H}, - journal = {Brookings Papers on Economic Activity}, - pages = {233--297}, - year = 2012, - publisher = {JSTOR} -} - -@Article{diamondOLG, - Title = {National Debt in a Neoclassical Growth Model}, - Author = {Diamond, Peter A.}, - Journal = {American Economic Review}, - Year = 1965, - Month = {December}, - Note = {\url{http://www.jstor.org/stable/1809231}}, - Pages = {1126--1150}, - Volume = 55, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1809231} -} - -@Article{diamond:olg, - Title = {National Debt in a Neoclassical Growth Model}, - Author = {Diamond, Peter A.}, - Journal = {American Economic Review}, - Year = 1965, - Month = {December}, - Note = {\url{http://www.jstor.org/stable/1809231}}, - Pages = {1126--1150}, - Volume = 55, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1809231} -} - -@article{jappelliPistaferri:IncomeItaly, - author = {Tullio Jappelli and Luigi Pistaferri}, - journal = {Review of Economic Dynamics}, - number = 1, - pages = {133--153}, - title = {Does Consumption Inequality Track Income Inequality in Italy?}, - volume = 13, - year = 2010, -} - -@article{pijoanSanchez:IncomeSpain, - author = {Josep Pijoan-Mas and Virginia Sanchez-Marcos}, - journal = {Review of Economic Dynamics}, - number = 1, - pages = {154--178}, - title = {Spain Is Different: Falling Trends of Inequality}, - volume = 13, - year = 2010, -} - -@article{albarranEtAl:IncomeSpain, - author = {Pedro Albarran and Raquel Carrasco and Maite Martinez-Granado}, - journal = {Oxford Bulletin of Economics and Statistics}, - number = 4, - pages = {491--518}, - title = {Inequality for Wage Earners and Self-Employed: Evidence from Panel Data}, - volume = 71, - year = 2009, -} - -@techreport{rostamAfscharYao, - author = {Davud Rostam-Afschar and Jiaxiong Yao}, - type = {mimeo}, - title = {Taxation and Precautionary Savings over the Life Cycle}, - year = 2013, - institution = {Johns Hopkins University} -} - -@techreport{yao:LaborIncomeRisks, - author = {Yao Yao}, - institution = {University of Mannheim}, - type = {mimeo}, - title = {Labor Income Risks in Germany}, - year = 2011, -} - -@techreport{hfcsFirstResults, - author = {{Eurosystem Household Finance and Consumption Network}}, - institution = {European Central Bank}, - type = {Statistics Paper Series}, - number = 2, - title = {The Eurosystem Household Finance and Consumption Survey -- First Results}, - year = 2013, - note = {\url{http://www.ecb.europa.eu/pub/pdf/other/ecbsp2en.pdf}}, -} - -@techreport{hfcsMethReport, - author = {{Eurosystem Household Finance and Consumption Network}}, - institution = {European Central Bank}, - type = {Statistics Paper Series}, - number = 1, - title = {The Eurosystem Household Finance and Consumption Survey -- Methodological Report}, - year = 2013, - note = {\url{http://www.ecb.europa.eu/pub/pdf/other/ecbsp1en.pdf}}, -} - -@article{souleles:responseToReaganCuts, - author = {Souleles, Nicholas S.}, - journal = {Journal of Public Economics}, - pages = {99--120}, - title = {Consumer Response to the Reagan Tax Cuts}, - volume = 85, - year = 2002, -} - -@techreport{johnsonEtAl:2003childTaxCredit, - author = {Johnson, David S. and Parker, Jonathan A. and Souleles, Nicholas S.}, - institution = {The Wharton School}, - type = {working paper}, - title = {The Response of Consumer Spending to Rebates During an Expansion: Evidence from the 2003 Child Tax Credit}, - year = 2009, -} - -@article{red_xSectFacts, - author = {{Review of Economic Dynamics}}, - number = 1, - pages = {1--264}, - note = {edited by by Dirk Krueger, Fabrizio Perri, Luigi Pistaferri and Giovanni L. Violante}, - title = {Special Issue: Cross-Sectional Facts for Macroeconomists}, - volume = 13, - year = 2010 -} - -@book{Deaton2006, - added-at = {2009-08-21T12:19:46.000+0200}, - address = {Baltimore, MD}, - author = {Deaton, {Angus}}, - biburl = {http://www.bibsonomy.org/bibtex/26f2f87784d59d86af8c471e5857865a0/fbw_hannover}, - edition = {3. printing}, - interhash = {7c53d5852b508cc472d541bc99f54519}, - intrahash = {6f2f87784d59d86af8c471e5857865a0}, - isbn = 0801852544, - pagetotal = {VIII, 479}, - ppn_gvk = 485128217, - publisher = {Johns Hopkins Univ. Press}, - subtitle = {a microeconometric approach to development policy}, - timestamp = {2009-08-21T12:19:46.000+0200}, - title = {The analysis of household surveys}, - url = {http://gso.gbv.de/DB=2.1/CMD?ACT=SRCHA&SRT=YOP&IKT=1016&TRM=ppn+485128217&sourceid=fbw_bibsonomy}, - year = 2000 -} - -@ARTICLE{mianSufi:aerBorrowing, - author = {Atif R. Mian and Amir Sufi}, - title = {House Prices, Home Equity-Based Borrowing, and the {U.S.} Household Leverage Crisis}, - journal = {American Economic Review}, - pages = {2132--2156}, - year = 2011, - volume = 101, - owner = {Jirka}, - timestamp = {2011.01.14} -} - -@book{msScarcity, - title = {Scarcity: Why Having Too Little Means So Much}, - author = {Mullainathan, Sendhil and Shafir, Eldar}, - year = 2013, - publisher = {Macmillan} -} - -@inbook{engelCurve, - title = {Die productions- und consumptionsverh{\"a}ltnisse des K{\"o}nigsreichs Sachsen}, - author = {Engel, Ernst}, - publisher = {C. Heinrich}, - address = {Dresden}, - year = 1857, - booktitle = {Die Lebenkosten Belgischer Arbeiter-Familien}, -} - -@book{dmConsumer, - author = {Deaton, Angus and John Muellbauer}, - title = {Economics and Consumer Behavior}, - publisher = {Cambridge University Press}, - year = 1980, - address = {New York} -} - -@TECHREPORT{deatonWorldBankReview, - author = {Deaton, Angus (Chair) and Abhijit Banerjee (MIT), Nora Lustig (UNDP), and Kenneth Rogoff (Harvard.)}, - title = {{A}n {E}valuation of {W}orld {B}ank {R}esearch, 1998 - 2005}, - year = 2012, - file = {deatonWorldBankReview.pdf:deatonWorldBankReview.pdf:PDF}, - owner = {ccarroll}, - timestamp = {2013.05.27}, - url = {http://siteresources.worldbank.org/DEC/Resources/84797-1109362238001/726454-1164121166494/RESEARCH-EVALUATION-2006-Main-Report.pdf} -} - -@TECHREPORT{deatonWorldBankReviewNotes, - author = {Deaton, Angus (Chair) and Abhijit Banerjee (MIT) and Nora Lustig (UNDP) and Kenneth Rogoff (Harvard.)}, - title = {{A}n {E}valuation of {W}orld {B}ank {R}esearch, 1998 - 2005}, - year = 2012, - file = {deatonWorldBankReview.pdf:deatonWorldBankReview.pdf:PDF}, - owner = {ccarroll}, - timestamp = {2013.05.27}, - url = {http://siteresources.worldbank.org/DEC/Resources/84797-1109362238001/726454-1164121166494/RESEARCH-EVALUATION-2006-Main-Report.pdf} -} - -@BOOK{NBERwise11-2, - title = {{I}nvestigations in the {E}conomics of {A}ging}, - publisher = {University of Chicago Press}, - year = 2012, - author = {David A. Wise}, - institution = {National Bureau of Economic Research}, - type = {Book}, - url = {http://www.nber.org/books/wise11-2} -} - -@BOOK{Eminent, - title = {{E}minent {E}conomists {II}}, - publisher = {Cambridge University Press}, - year = 2014, - author = {Michael Szenberg and Lall Ramrattan}, - address = {Cambridge} -} - -@article{cartwrightRCTs, - author = {Nancy Cartwright}, - title = {Are RCTs the Gold Standard?}, - journal = {BioSocieties}, - volume = 2, - number = 1, - pages = {11--20}, - year = 2007 -} - -@article{onionLeisure, - author = {Zweibel, Herbert}, - year = 2005, - title = {180 Trillion Leisure Hours Lost To Work Last Year}, - url = {http://www.theonion.com/articles/180-trillion-leisure-hours-lost-to-work-last-year,1282/}, - note = {\url{http://www.theonion.com/articles/180-trillion-leisure-hours-lost-to-work-last-year,1282/}}, - journal = {The Onion} -} - -@article{stoneDemand, - author = {Stone, J.~R.~N.}, - title = {Linear Expenditure Systems and Demand Analysis: An Application to the Pattern of British Demand}, - journal = {Economic Journal}, - year = 1954, - month = {Sep}, - pages = {511--27}, - volume = 64 -} - -@article{theilDemand, - author = {Theil, Henri}, - journal = {Econometrica}, - year = 1965, - volume = 33, - pages = {67--87}, - month = {Jan} -} - -@article{muellbauerAggregation, - jstor_articletype ={research-article}, - title = {Aggregation, Income Distribution and Consumer Demand}, - author = {Muellbauer, John}, - journal = {The Review of Economic Studies}, - volume = 42, - number = 4, - jstor_formatteddate ={Oct., 1975}, - pages = {pp. 525-543}, - url = {http://www.jstor.org/stable/2296792}, - ISSN = 00346527, - language = {English}, - year = 1975, - publisher = {Oxford University Press}, - copyright = {Copyright © 1975 The Review of Economic Studies, Ltd.}, -} - -@ARTICLE{delongSage, - author = {deLong, J.~Bradford}, - title = {This Time, It Is {\it Not} Different}, - journal = {Rethinking Finance: Perspectives on the Crisis}, - year = 2012, - note = {\url{http://www.russellsage.org/rethinking-finance}}, - file = {delongSage.pdf:delongSage.pdf:PDF}, - url = {http://www.russellsage.org/rethinking-finance} -} - -@MISC{HMD, - author = {\url{www.mortality.org}}, - title = {Human~Mortality~Database}, - howpublished = {University of California, Berkeley (USA), and Max Planck Institute for Demographic Research (Germany).}, - year = 2008, - note = {Available at {\url{www.mortality.org}}} -} - -@ARTICLE{aafMinWage, - author = {Aaronson, Daniel and Agarwal, Sumit and French, Eric}, - title = {The Spending and Debt Response to Minimum Wage Hikes}, - journal = {Federal Reserve Board of Chicago Working Paper}, - year = 2011, - volume = {2007-23}, - pages = 14 -} - -@INCOLLECTION{abm:parallel, - author = {Abdelkhalek, Ahmed and Bilas, Angelos and Michaelides, Alexander}, - title = {Parallelization, Optimization, and Performance Analysis of Portfolio Choice Models}, - booktitle = {Proceedings of the 30th International Conference on Parallel Processing}, - year = 2001, - address = {Valencia, Spain}, - month = {September 3-7} -} - -@ARTICLE{abel:habitsinGE, - author = {Abel, Andrew B.}, - title = {Risk Premia and Term Premia in General Equilibrium}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 43, - pages = {3--33}, - number = 1, - month = {February} -} - -@ARTICLE{abel:aerhabits, - author = {Abel, Andrew B.}, - title = {Asset Prices under Habit Formation and Catching Up with the Joneses}, - journal = {American Economic Review}, - year = 1990, - volume = 80, - pages = {38--42}, - number = 2, - month = May -} - -@ARTICLE{abel:q, - author = {Abel, Andrew B.}, - title = {A Dynamic Model of Investment and Capacity Utilization}, - journal = {Quarterly Journal of Economics}, - year = 1981, - volume = 96, - pages = {379--403}, - number = 3 -} - -@Article{acemogluCrisis, - Title = {The Crisis of 2008: Structural Lessons For and From Economics}, - Author = {Acemoglu, Daron}, - Journal = {Manuscript, MIT}, - Year = 2009, - Note = {See also the discussion at \url{http://economistsview.typepad.com/economistsview/2009/01/acemoglu-the-mo.html}}, - Owner = {Nic Johnson}, - Url = {http://econ-www.mit.edu/files/3703} -} - -@ARTICLE{as94, - author = {Acemoglu, Daron and Scott, Andrew}, - title = {Consumer Confidence and Rational Expectations: Are Agents' Beliefs Consistent with the Theory?}, - journal = {The Economic Journal}, - year = 1992, - volume = 104, - pages = {1--19} -} - -@ARTICLE{ab03, - author = {Vera A. Adamchik and Arjun S. Bedi}, - title = {Gender Pay Differentials during the Transition in {P}oland}, - journal = {The Economics of Transition}, - year = 2003, - volume = 11, - pages = {697--726}, - number = 4 -} - -@ARTICLE{acScrapping, - author = {Adda, Jerome and Cooper, Russell}, - title = {Balladurette and Juppette: A Discrete Analysis of Scrapping Subsidies}, - journal = {Manuscript, Department of Economics, Boston University}, - year = 1997 -} - -@Article{aslCredit, - author = {Sumit Agarwal and Chunlin Liu and Nicholas S. Souleles}, - title = {The Reaction of Consumer Spending and Debt to Tax Rebates--Evidence from Consumer Credit Data}, - journal = {Journal of Political Economy}, - year = 2007, - volume = 115, - number = 6, - pages = {986--1019}, - month = {December}, - url = {http://www.nber.org/papers/w13694} -} - -@TECHREPORT{abC, - author = {Aguiar, Mark A. and Mark Bils}, - title = {Has Consumption Inequality Mirrored Income Inequality?}, - institution = {National Bureau of Economic Research, Inc}, - year = 2011, - type = {NBER Working Paper}, - number = 16807, - month = Feb, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/16807.html}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/abC.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/abC.pdf:PDF}, - url = {http://ideas.repec.org/p/nbr/nberwo/16807.html} -} - -@ARTICLE{AguiarAmador11, - author = {Aguiar, M. and Amador, M.}, - title = {Growth in the Shadow of Expropriation}, - journal = {The Quarterly Journal of Economics}, - year = 2011, - volume = 126, - pages = {651--697}, - number = 2 -} - -@TECHREPORT{ap05, - author = {Henning Ahnert and Adrian Page}, - title = {Euro Area Residential Property Prices: The Aggregation of Non-Harmonised National Data}, - institution = {Bank for International Settlements}, - year = 2005, - type = {BIS papers}, - number = {21: Real Estate Indicators and Financial Stability} -} - -@ARTICLE{aiyagari:ge, - author = {Aiyagari, S. Rao}, - title = {Uninsured Idiosyncratic Risk and Aggregate Saving}, - journal = {Quarterly Journal of Economics}, - year = 1994, - volume = 109, - pages = {659--684} -} - -@MISC{aiyagari:opttax, - author = {Aiyagari, S. Rao}, - title = {Optimal Capital Income Taxation with Incomplete Markets and Borrowing Constraints}, - howpublished = {Federal Reserve Bank of Minneapolis Working Paper Number~508}, - year = 1993 -} - -@ARTICLE{akerlofNobel, - author = {Akerlof, George A.}, - title = {Behavioral Macroeconomics and Macroeconomic Behavior}, - journal = {American Economic Review}, - year = 2002, - volume = 92, - pages = {411--433}, - number = 3, - note = {\url{https://www.aeaweb.org/articles.php?doi=10.1257/00028280260136192}}, - doi = {10.1257/00028280260136192}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akerlofNobel.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akerlofNobel.pdf:PDF}, - url = {https://www.aeaweb.org/articles.php?doi=10.1257/00028280260136192} -} - -@ARTICLE{ayNearRational, - author = {Akerlof, George A. and Janet L. Yellen}, - title = {A Near-rational Model of the Business Cycle, with Wage and Price Intertia}, - journal = {The Quarterly Journal of Economics}, - year = 1985, - volume = 100, - pages = {823--38}, - number = 5 -} - -@ARTICLE{adp:two, - author = {Akerlof, George and Dickens, William and Perry, George}, - title = {Near-Rational Wage and Price Setting and the Long-Run Phillips Curve}, - journal = {Brookings Papers in Economic Activity}, - year = 2000, - volume = {(2000:1)}, - pages = {1--60} -} - -@ARTICLE{adp:one, - author = {Akerlof, George and Dickens, William and Perry:, George}, - title = {The Macroeconomics of Low Inflation}, - journal = {Brookings Papers in Economic Activity}, - year = 1996, - volume = {(1996:1)}, - pages = {1--76} -} - -@ARTICLE{fa:lenin, - author = {Alesina, Alberto and Fuchs-Schundeln, Nicola}, - title = {Good Bye Lenin (Or Not?) The Effect of Communism on People's Preferences}, - journal = {Manuscript, Harvard University}, - year = 2006 -} - -@TECHREPORT{ai07, - author = {Alberto Alesina and Andrea Ichino}, - title = {Gender-based Taxation}, - institution = {Harvard University}, - year = 2007, - type = {mimeo} -} - -@ARTICLE{alesina&rodrik:inequality, - author = {Alesina, Alberto and Rodrik, Dani}, - title = {Distributive Politics and Economic Growth}, - journal = {Quarterly Journal of Economics}, - year = 1994, - volume = 109, - pages = {465--90}, - number = 2, - month = {May} -} - -@ARTICLE{aklCohorts, - author = {Alessie, Rob and Kapteyn, Arie and Lusardi, Annamaria}, - title = {Explaining the Wealth Holdings of Different Cohorts: Productivity Growth and Social Security}, - journal = {European Economic Review}, - year = 2005, - volume = 49, - pages = {1361--1381}, - month = {July} -} - -@ARTICLE{alessie&lusardi:habits, - author = {Alessie, Rob and Lusardi, Annamaria}, - title = {Consumption, Saving, and Habit Formation}, - journal = {Economics Letters}, - year = 1997, - volume = 55, - pages = {103--108} -} - -@TECHREPORT{at02, - author = {Rob Alessie and Frederica Teppa}, - title = {Saving and Habit Formation: Evidence from the Dutch Panel Data}, - institution = {CentER, Tilburg University}, - year = 2002, - type = {discussion paper}, - number = 62 -} - -@ARTICLE{algana, - author = {Algan, Yann and Allais, Oliver and Den~Haan, Wouter J.}, - title = {Solving Heterogeneous-agent Models with Parameterized Cross-sectional Distributions}, - journal = {Journal of Economic Dynamics and Control}, - year = 2008, - volume = 32, - pages = {875--908}, - number = 3, - month = {March} -} - -@ARTICLE{alganb, - author = {Algan, Yann and Allais, Oliver and Haan, Wouter~J. Den}, - title = {Solving the Incomplete Markets Model with Aggregate Uncertainty Using Parameterized Cross-sectional Distributions}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{allen&carroll:individual, - author = {Allen, Todd M. and Carroll, Christopher D.}, - title = {Individual Learning About Consumption}, - journal = {Macroeconomic Dynamics}, - year = 2001, - volume = 5, - number = 4, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/IndivLearningAboutC.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/IndivLearningAboutC.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/IndivLearningAboutC.pdf} -} - -@TECHREPORT{ags05, - author = {Filippo Altissimo and Evaggelia Georgiou and Teresa Sastre and Maria Teresa Valderrama and Gabriel Sterne and Marc Stocker and Mark Weth and Karl Whelan and Alpo Willman}, - title = {Wealth and Asset Price Effects on Economic Activity}, - institution = {European Central Bank}, - year = 2005, - type = {occasional paper series}, - number = 29 -} - -@ARTICLE{ahk:altruism, - author = {Altonji, Joseph G., Fumio Hayashi and Kotlikoff, Laurence J.}, - title = {Is the Extended Family Altruistically Linked?}, - journal = {American Economic Review}, - year = 1992, - volume = 82, - pages = {1177--98}, - number = 5 -} - -@ARTICLE{aclvJoy, - author = {Ameriks, John and Caplin, Andrew and Laufer, Steven and Van Nieuwerburgh, Stijn}, - title = {The Joy Of Giving Or Assisted Living? Using Strategic Surveys To Separate Public Care Aversion From Bequest Motives}, - journal = {The Journal of Finance}, - year = 2011, - volume = 66, - pages = {519--561}, - number = 2, - publisher = {Wiley Online Library} -} - -@ARTICLE{as07, - author = {Sungbae An and Frank Schorfheide}, - title = {Bayesian Analysis of DSGE Models}, - journal = {Econometric Reviews}, - year = 2007, - volume = {2--4}, - pages = {113--172}, - number = 26 -} - -@ARTICLE{ahlrStateSpace, - author = {Andersen, Steffen and Glenn W. Harrison and Morten I. Lau and Elisabet Rutstrom}, - title = {Lost in State Space: Are Preferences Stable?}, - journal = {International Economic Review}, - year = 2008, - volume = 49, - pages = {1091--1112}, - number = 3, - note = {\url{http://dx.doi.org/10.1111/j.1468-2354.2008.00507.x}}, - abstract = {We use field experiments to examine the temporal stability of risk preferences. Over a 17-month period, we elicited risk preferences from subjects chosen to be representative of the adult Danish population. During this period we revisited many of these subjects and repeated a risk aversion elicitation task. We find some variation in risk attitudes over time, but we do not detect a general tendency for risk attitudes to increase or decrease over a 17-month span. The results also suggest that risk preferences are state contingent with respect to personal finances.}, - doi = {10.1111/j.1468-2354.2008.00507.x}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahlrStateSpace.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahlrStateSpace.pdf:PDF}, - issn = {1468-2354}, - publisher = {Blackwell Publishing Inc}, - url = {http://dx.doi.org/10.1111/j.1468-2354.2008.00507.x} -} - -@TECHREPORT{aln05, - author = {Javier Andres and J. David Lopez-Salido and Edward Nelson}, - title = {Sticky-Price Models and the Natural Rate Hypothesis}, - institution = {Federal Reserve Bank of St. Louis}, - year = 2005, - type = {Working Paper}, - number = {2005-018A} -} - -@ARTICLE{andrews:hac, - author = {Andrews, Donald W. K.}, - title = {Heteroskedasticity and Autocorrelation Consistent Covvariance Matrix Estimation}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {817--858}, - number = 3 -} - -@ARTICLE{ams06, - author = {Donald W. K. Andrews and Marcelo J. Moreira and James H. Stock}, - title = {Optimal Two-sided Invariant Similar Tests for Instrumental Variables Regression}, - journal = {Econometrica}, - year = 2006, - volume = 74, - pages = {715--752}, - number = 3 -} - -@article{paEntrep, - title = {Financial Integration, Entrepreneurial Risk and Global Dynamics}, - author = {Angeletos, George-Marios and Panousi, Vasia}, - journal = {Journal of Economic Theory}, - volume = 146, - number = 3, - pages = {863--896}, - year = 2011, - url = {http://dx.doi.org/10.1016/j.jet.2011.02.001}, - publisher = {Elsevier} -} - -@ARTICLE{paEntrep-InPress, - author = {Angeletos, George-Marios and Panousi, Vasia}, - title = {Financial Integration, Entrepreneurial Risk and Global Dynamics}, - journal = {Journal of Economic Theory}, - year = 2011, - volume = {In Press, Corrected Proof}, - pages = {-}, - bdsk-url-1 = {http://www.sciencedirect.com/science/article/B6WJ3-523V3MJ-2/2/6c200dd3b59cce0b683246ed465f2dff}, - bdsk-url-2 = {http://dx.doi.org/10.1016/j.jet.2011.02.001}, - doi = {DOI: 10.1016/j.jet.2011.02.001}, - issn = {0022-0531}, - keywords = {Global imbalances}, - url = {http://www.sciencedirect.com/science/article/B6WJ3-523V3MJ-2/2/6c200dd3b59cce0b683246ed465f2dff} -} - -@ARTICLE{angrist&krueger:TSIV, - author = {Angrist, Joshua D. and Krueger, Alan B.}, - title = {The Effect of Age at School Entry on Educational Attainment: An Application of Instrumental Variables with Moments from Two Samples}, - journal = {Journal of the American Statistical Association}, - year = 1992, - volume = 87, - pages = {328--26}, - month = {June} -} - -@TECHREPORT{Antoniewicz:2000, - author = {Antoniewicz, Rochelle L.}, - title = {A Comparison of the Household Sector from the Flow of Funds Accounts and the Survey of}, - institution = {Federal Reserve Board}, - year = 2000, - month = {October} -} - -@PHDTHESIS{arbatliThesis, - author = {Arbatli, Elif C.}, - title = {Persistence Of Income Shocks And The Intertemporal Model Of The Current Account}, - school = {Johns Hopkins University}, - year = 2008, - month = {November} -} - -@ARTICLE{arifovic:stability, - author = {Arifovic, Jasmina}, - title = {Stability of Equilibria under Genetic Algorithm Adaption: an Analysis}, - journal = {Macroeconomic Dynamics}, - year = 1998, - volume = 2, - pages = {1--21} -} - -@ARTICLE{arifovic:exchangerate, - author = {Arifovic, Jasmina}, - title = {The Behavior of the Exchange Rate in the Genetic Algorithm and Experimental Economies}, - journal = {Journal of Political Economy}, - year = 1996, - volume = 104, - pages = {510--541} -} - -@ARTICLE{arifovic:inflation, - author = {Arifovic, Jasmina}, - title = {Genetic Algorithms and Inflationary Economies}, - journal = {Journal of Monetary Economics}, - year = 1995, - volume = 36, - pages = {219--243} -} - -@ARTICLE{arifovic:cobweb, - author = {Arifovic, Jasmina}, - title = {Genetic Algorithm Learning and the Cobweb Model}, - journal = {Journal of Economic Dynamics and Control}, - year = 1994, - volume = 18, - pages = {3--28} -} - -@ARTICLE{abd:transition, - author = {Arifovic, Jasmina and Bullard, James and Duffy, John}, - title = {The Transition from Stagnation to Growth: An Adaptive Learning Approach}, - journal = {Journal of Economic Growth}, - year = 1997, - volume = 2, - pages = {185--209} -} - -@BOOK{aristotleFallacies, - title = {On Sophistical Refutations}, - publisher = {The Wikipedia Foundation}, - url = {https://en.wikipedia.org/wiki/Sophistical_Refutations}, - year = {350 BC}, - author = {Aristotle} -} - -@TECHREPORT{aeh02, - author = {Arnold, Ivo and {van Els}, Peter and {de Haan}, Jakob}, - title = {Wealth Effects and Monetary Policy}, - institution = {De Nederlandsche Bank}, - year = 2002, - type = {Research memorandum}, - number = 719 -} - -@TECHREPORT{muellbauerEtAl_assa09, - author = {Aron, Janine and Duca, John and Muellbauer, John and Murata, Keiko and Murphy, Anthony}, - title = {Credit, Housing, Collateral and Consumption: Evidence from the UK, Japan and the US}, - institution = {University of Oxford}, - year = 2008, - type = {mimeo} -} - -@TECHREPORT{AronEtAl:2010, - author = {Aron, Janie and Duca, John V. and Muellbauer, John and Murata, Keiko and Murphy, Anthony}, - title = {Credit, Housing Collateral and Consumption: Evidence from the UK, Japan and the US}, - institution = {Federal Reserve Bank of Dallas}, - year = 2010, - type = {Working Paper}, - number = 1002, - month = May -} - -@INCOLLECTION{arrow:applications, - author = {Arrow, Kenneth A.}, - title = {Applications of Control Theory to Economic Growth}, - booktitle = {Mathematics of the Decision Sciences, Part II}, - publisher = {American Mathematical Society}, - year = 1968, - address = {Providence, RI} -} - -@BOOK{arrow1971etr, - title = {{Essays in the Theory of Risk-Bearing}}, - publisher = {North-Holland}, - year = 1971, - author = {Arrow, Kenneth J.} -} - -@TECHREPORT{art05, - author = {Arthur, Stephan V.}, - title = {Obtaining Real Estate Data: Criteria, Difficulties and Limitations}, - institution = {Bank for International Settlements}, - year = 2005, - type = {BIS papers}, - number = {21: Real Estate Indicators and Financial Stability} -} - -@ARTICLE{arthur:likehumans, - author = {Arthur, W. Brian}, - title = {On Designing Economic Agents That Behave Like Human Agents}, - journal = {Journal of Evolutionary Economics}, - year = 1993, - volume = 3, - pages = {1--22} -} - -@INCOLLECTION{arthuretal:artificialstock, - author = {Arthur, W. Brian and Holland, John H. and LeBaron, Blake and Palmer, Richard and Tayler, Paul}, - title = {Asset Pricing Under Endogenous Expectations in an Artificial Stock Market}, - booktitle = {The Economy as an Evolving Complex System II}, - publisher = {Addison Wesley Longman}, - year = 1997, - editor = {Arthur, W. Brian and Durlauf, Steven N. and Lane, David} -} - -@ARTICLE{ahlpt:artificial, - author = {Arthur, W. Brian and Holland, John H. and LeBaron, Blake and Palmer, Richard and Tayler, Paul}, - title = {Asset Pricing Under Endogenous Expectations in an Artifical Stock Market}, - journal = {Santa Fe Institute Working Paper}, - year = 1997 -} - -@ARTICLE{arthur&lane:contagion, - author = {Arthur, W. Brian and Lane, David A.}, - title = {Information Contagion}, - journal = {Economic Dynamics and Structural Change}, - year = 1993, - volume = 4, - pages = {81--104} -} - -@ARTICLE{aroubaBehaved, - author = {Aruoba, S.~Boragan}, - title = {Data Revisions Are Not Well Behaved}, - journal = {Journal of Money, Credit, and Banking}, - year = 2008, - volume = 40, - pages = {319--340}, - number = {2-3} -} - -@ARTICLE{akRiskSharing, - author = {Asdrubali, Pierfederico and Kim, Soyoung}, - title = {Dynamic Risksharing in the United States and Europe}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - pages = {809--836}, - note = {\\ \url{http://dx.doi.org/10.1016/j.jmoneco.2003.09.002}}, - doi = {doi:10.1016/j.jmoneco.2003.09.002}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akRisksharing.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akRisksharing.pdf:PDF}, - url = {http://dx.doi.org/10.1016/j.jmoneco.2003.09.002} -} - -@ARTICLE{ASY:1996, - author = {Asdrubali, Pierfederico and Sorensen, Bent and Yosha, Oved}, - title = {Channels of interstate risksharing: United States 1963-1990}, - journal = {Quarterly Journal of Economics}, - year = 1996, - volume = 111, - pages = {1081--1110} -} - -@ARTICLE{Athanasoulis/Wincoop:2001, - author = {Athanasoulis, Stefano G. and van Wincoop, Eric}, - title = {Risk sharing within the United States: what do financial markets and fiscal federalism accomplish}, - journal = {The Review of Economics and Statistics}, - year = 2001, - volume = 83, - pages = {688--698}, - number = 4 -} - -@ARTICLE{Athanasoulis/Wincoop:2000, - author = {Athanasoulis, Stefano G. and van Wincoop, Eric}, - title = {Growth uncertainty and risksharing}, - journal = {Journal of Monetary Economics}, - year = 2000, - volume = 45, - pages = {477--505} -} - -@ARTICLE{atkeson&ogaki:ies, - author = {Atkeson, Andrew and Ogaki, Masao}, - title = {Wealth-Varying Intertemporal Elasticities of Substitution: Evidence from Panel and Aggregate Data}, - journal = {Journal of Monetary Economics}, - year = 1996, - volume = 38, - pages = {507--534}, - number = 3 -} - -@BOOK{atkinson&stiglitz:pubecon, - title = {Lectures on Public Economics}, - publisher = {McGraw-Hill BOOK Company}, - year = 1980, - author = {{Atkinson, Anthony B.} and {Joseph E. Stiglitz}}, - address = {New York} -} - -@ARTICLE{Attanasio:2000, - author = {Attanasio, O.}, - title = {Consumer Durables and Inertial Behavior: Estimation and Aggregation of (S,s) Rules for Automobile Purchase}, - journal = {Review of Economic Studies}, - year = 2000, - volume = 67, - pages = {667--696}, - number = 4 -} - -@ARTICLE{AttanasioBanksMeghirWeber, - author = {Attanasio, O.P. and Banks, J. and Meghir, C. and Weber, G.}, - title = {Humps and Bumps in Lifetime Consumption}, - journal = {Journal of Business and Economic Statistics}, - year = 1999, - volume = 17, - pages = {22--35}, - number = 1, - publisher = {JSTOR} -} - -@ARTICLE{abt02, - author = {Orazio Attanasio and James Banks and Sarah Tanner}, - title = {Asset Holding and Consumption Volatility}, - journal = JPE, - year = 2002, - volume = 110, - pages = {771--92}, - number = 4, - month = {August} -} - -@ARTICLE{abiReally, - author = {Attanasio, Orazio and Battistin, Erich and Ichimura, Hidehiko}, - title = {What Really Happened to Consumption Inequality in the US?}, - journal = {NBER Working Papers}, - year = 2004, - publisher = {National Bureau of Economic Research, Inc} -} - -@BOOK{attanasioCEvsNIPA, - title = {Inequality in Living Standards Since 1980: Evidence from Expenditure Data}, - publisher = {American Enterprise Institute}, - year = 2010, - author = {Attanasio, Orazio and Battistin, Erich and Padula, Mario}, - month = {May}, - bdsk-url-1 = {http://www.homepages.ucl.ac.uk/~uctpjrt/Files/abp_rev_V.pdf}, - url = {http://www.homepages.ucl.ac.uk/~uctpjrt/Files/abp_rev_V.pdf} -} - -@ARTICLE{abhlExpectations, - author = {Attanasio, Orazio and Blow, Laura and Hamilton, Robert and Leicester, Andrew}, - title = {Consumption, House Prices, and Expectations}, - journal = {Bank of England Working Paper Number 271}, - year = 2008 -} - -@INCOLLECTION{ahpInequality, - author = {Attanasio, Orazio and Erik Hurst and Luigi Pistaferri}, - title = {Measuring the Evolution of Inequality and Poverty with the Consumer Expenditure Survey and Alternative Data Sources}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {CRIW, University of Chicago Press}, - year = 2013, - note = {\\ \url{http://www.nber.org/papers/w17982}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahpInequality.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahpInequality.pdf:PDF} -} - -@ARTICLE{aps:sgi, - author = {Attanasio, Orazio and Picci, Lucio and Scorcu, Antonello}, - title = {Saving, Growth, and Investment: A Macroeconomic Analysis Using a Panel of Countries}, - journal = {Review of Economics and Statistics}, - year = 2000, - volume = 82, - number = 1, - month = May -} - -@ARTICLE{oAaV03, - author = {Orazio Attanasio and Annette Vissing-Jorgensen}, - title = {Stock Market Participation, Intertemporal Subsititution and Risk Aversion}, - journal = AERPP, - year = 2003, - volume = 93, - pages = {383--91}, - number = 2, - month = {May} -} - -@ARTICLE{AttanasioEtAl:2009, - author = {Attanasio, Orazio P. and Blow, Laura and Hamilton, Robert and Leicester, Andrew}, - title = {Booms and Busts: Consumption, House Prices and Expectations}, - journal = {Economica}, - year = 2009, - volume = 76, - pages = {20--50}, - number = 301, - month = 02 -} - -@Article{adInsurance, - author = {Orazio Attanasio and Steven J. Davis}, - title = {Relative Wage Movements and the Distribution of Consumption}, - journal = {Journal of Political Economy}, - year = 1996, - volume = 104, - number = 6, - pages = {1227--62}, - month = {December}, -} - -@ARTICLE{attanasio&pavoni:hidden, - author = {Attanasio, Orazio P. and Pavoni, Nicola}, - title = {Risk Sharing with Moral Hazard and Hidden Saving}, - journal = {Manuscript, University College London}, - year = 2005 -} - -@INCOLLECTION{akg:genaccts, - author = {Auerbach, Alan J. and Kotlikoff, Laurence J. and Gokhale, Jagadeesh}, - title = {Generational Accounting: A Meaningful Alternative to Deficit Accounting}, - booktitle = {Tax Policy and the Economy}, - publisher = {MIT Press}, - year = 1991, - editor = {Bradford, David}, - volume = 5, - address = {Cambridge, MA} -} - -@ARTICLE{aks:reform, - author = {Auerbach, Alan J. and Kotlikoff, Laurence J. and Skinner, Jonathan S.}, - title = {The Efficiency Gains from Dynamic Tax Reform}, - journal = {International Economic Review}, - year = 1983, - volume = 24, - pages = {81--100} -} - -@BOOK{auerbach&kotlikoff:policy, - title = {Dynamic Fiscal Policy}, - publisher = {Cambridge University Press}, - year = 1987, - author = {{Auerbach, Alan J.} and {Laurence J. Kotlikoff}}, - address = {New York} -} - -@ARTICLE{auten&joulfaian:charitable, - author = {Auten, Gerald and Joulfaian, David}, - title = {Charitable Contributions and Intergenerational Transfers}, - journal = {Journal of Public Economics}, - year = 1996, - volume = 59, - pages = {55--68}, - number = 1 -} - -@INCOLLECTION{benabou:inequality, - author = {B{\'}enabou, Roland}, - title = {Inequality and Growth}, - booktitle = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 1996, - editor = {Bernanke, Ben S. and Rotemberg, Julio J.}, - volume = 11, - pages = {11--74}, - address = {Cambridge, MA}, - journal = {National Bureau of Economic Research Macroeconomics Annual} -} - -@INCOLLECTION{borsch-supan:retirement, - author = {B{\"}orsch-Supan, Axel}, - title = {Germany: A Social Security System on the Verge of Collapse}, - booktitle = {Redesigning Social Security}, - publisher = {Institut f{\"}ur Weltwirtschaft an der Universit{\"}at Kiel}, - year = 1998, - editor = {Seibert, Horst}, - address = {T{\"}ubingen : Mohr Siebeck} -} - -@ARTICLE{Backus:1992, - author = {Backus, David K. and Kehoe, Patrick J. and Kyland, Finn E.}, - title = {International Real Business Cycles}, - journal = {The Journal of International Economics}, - year = 1998, - volume = 44, - pages = {289--313} -} - -@ARTICLE{bagwell&bernheim:sex, - author = {Bagwell, Kyle and Bernheim, B. Douglas}, - title = {Is Everything Neutral?}, - journal = {Journal of Political Economy}, - year = 1988, - volume = 96, - pages = {308--338}, - number = 2 -} - -@ARTICLE{blaDebt, - author = {Baily, Martin N. and Lund, Susan and Atkins, Charles}, - title = {Will US Consumer Debt Reduction Cripple the Recovery?}, - journal = {McKinsey Global Institute}, - year = 2009, - month = {April} -} - -@TECHREPORT{mckinseyC, - author = {Baily, Martin N. and Lund, Susan and Atkins, Charles}, - title = {Will US Consumer Debt Reduction Cripple the Recovery?}, - institution = {McKinsey Global Institute}, - year = 2009, - type = {report} -} - -@ARTICLE{bakshi&chen:spirit, - author = {Bakshi, Gurdip and Chen, Zhiwu}, - title = {The Spirit of Capitalism and Stock-Market Prices}, - journal = {American Economic Review}, - year = 1996, - volume = 86, - pages = {133--157}, - number = 1 -} - -@ARTICLE{ball:nearrationalQJE, - author = {Ball, Laurence}, - title = {Near-Rationality and Inflation in Two Monetary Regimes}, - journal = {NBER Working Paper No. W7988}, - year = 2000, - month = {October} -} - -@ARTICLE{ball:credibilityregcite, - author = {Ball, Laurence}, - title = {Disinflation with Imperfect Credibility}, - journal = {Journal of Monetary Economics}, - year = 1995, - volume = {XXXV (1995)}, - pages = {5--23} -} - -@ARTICLE{bmr:phillips, - author = {Ball, Lawrence and Mankiw, N. Gregory and Romer, David}, - title = {The New Keynesian Economics and the Output-Inflation Tradeoff}, - journal = {Brookings Papers on Economic Activity}, - year = 1988, - volume = 1988, - pages = {1--65}, - number = 1 -} - -@ARTICLE{ball&moffitt:pty, - author = {Ball, Laurence and Moffitt, Robert}, - title = {Productivity Growth and the Phillips Curve}, - journal = {Johns Hopkins University Department of Economics Working Paper Number 450}, - year = 2001, - month = {June} -} - -@ARTICLE{baro90, - author = {Laurence Ball and David Romer}, - title = {Real Rigidities and the Nonneutrality of Money}, - journal = {Review of Economic Studies}, - year = 1990, - volume = 57, - pages = {539--552}, - number = {April} -} - -@INPROCEEDINGS{Ball1994, - author = {Laurence M. Ball}, - title = {What Determines the Sacrifice Ratio?}, - booktitle = {Monetary Policy}, - year = 1994, - editor = {N. Gregory Mankiw}, - publisher = {University of Chicago Press} -} - -@BOOK{bal02, - title = {Econometrics}, - publisher = {Springer}, - year = 2002, - author = {Badi H. Baltagi}, - edition = {Third} -} - -@ARTICLE{barata&pacheco:monetarypolicy, - author = {Barata, Jos{\`}e M. and Pacheco, Luis M.}, - title = {Asset Prices and Monetary Policy: Wealth Effects on Consumption}, - journal = {The 20th Symposium on Banking and Monetary Economics Papers, University of Birmingham}, - year = 2003 -} - -@ARTICLE{barberaFight, - author = {Barbera, Robert J.}, - title = {If It Were a Fight, They Would Have Stopped It in December of 2008}, - journal = {The Economists' Voice}, - year = 2010, - volume = 7, - pages = 3, - number = 2, - note = {\url{http://EconPapers.repec.org/RePEc:bpj:evoice:v:7:y:2010:i:2:n:3}}, - abstract = {New classical economics should not be judged based upon what theorists say today about the 2008-2009 crisis, but instead by looking at what economists like Casey Mulligan said as the crisis was unfolding. Once scrutiny is given to what new classical economics lead adherents believe in late 2008, Robert Barbera wonders how any rational thinker could continue to defend the framework.}, - keywords = {Holding Macroeconomic theories to task after 2008-2009; new classical economics; the 2008-2009 crisis; keynes; minsky}, - url = {http://EconPapers.repec.org/RePEc:bpj:evoice:v:7:y:2010:i:2:n:3} -} - -@ARTICLE{bwTaylor, - author = {Barbera, Robert J. and Weise, Charles L.}, - title = {Minsky Meets Wicksell: Using the Wicksellian Model to Understand the 21st Century Business Cycle}, - journal = {Manuscript, Gettysburg College}, - year = 2008, - note = {Available at \url{http://www.gettysburg.edu/dotAsset/2104335.pdf}} -} - -@ARTICLE{barilan&blinder:doingnothing, - author = {Bar-Ilan, Avner and Blinder, Alan S.}, - title = {Consumer Durables: Evidence on the Optimality of Usually Doing Nothing}, - journal = {Journal of Money, Credit, and Banking}, - year = 1992, - volume = 24, - pages = {258--272}, - number = 2 -} - -@ARTICLE{barroDisasters, - author = {Barro, Robert J.}, - title = {Rare Disasters and Asset Markets in the Twentieth Century}, - journal = {Quarterly Journal of Economics}, - year = 2006, - volume = 121, - pages = {823--66}, - number = 3 -} - -@ARTICLE{barro:impatience, - author = {Barro, Robert J.}, - title = {Ramsey Meets Laibson in the Neoclassical Growth Model}, - journal = {Forthcoming, Quarterly Journal of Economics}, - year = 1999 -} - -@ARTICLE{barro:growthqje, - author = {Barro, Robert J.}, - title = {Economic Growth in a Cross Section of Countries}, - journal = {Quarterly Journal of Economics}, - year = 1991, - volume = 106, - pages = {407--443} -} - -@ARTICLE{barro:bondsnetworth, - author = {Barro, Robert J.}, - title = {Are Government Bonds Net Worth?}, - journal = {Journal of Political Economy}, - year = 1974, - volume = 82, - pages = {1095--117} -} - -@BOOK{barro&salaimartin:book, - title = {Economic Growth}, - publisher = {McGraw-Hill}, - year = 1995, - author = {Barro, Robert J. and {Sala-i-Martin}, Xavier}, - address = {New York} -} - -@ARTICLE{barsky:fisher, - author = {Barsky, Robert B.}, - title = {The Fisher Hypothesis and the Forecastability and Persistence of Inflation}, - journal = {Journal of Monetary Economics}, - year = 1987, - volume = 19, - pages = {3--24} -} - -@ARTICLE{bjksPreferences, - author = {Barsky, Robert B. and Juster, F. Thomas and Kimball, Miles S. and Shapiro, Matthew D.}, - title = {Preference parameters and behavioral heterogeneity: An experimental approach in the health and retirement study*}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = 112, - pages = {537--579}, - number = 2, - note = {\url{http://www.jstor.org/stable/2951245}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bjksPreferences.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bjksPreferences.pdf:PDF}, - publisher = {MIT Press}, - url = {http://www.jstor.org/stable/2951245} -} - -@ARTICLE{barskymankiwzeldes:aer, - author = {Barsky, Robert B. and Mankiw, N.~Gregory and Zeldes, Stephen P.}, - title = {Ricardian Consumers with Keynesian Propensities}, - journal = {American Economic Review}, - year = 1986, - volume = 76, - pages = {676--91}, - number = 4, - month = {September} -} - -@ARTICLE{barthCostsBeliefs, - author = {Barth, Daniel}, - title = {The Costs and Beliefs Implied by Direct Stock Ownership}, - journal = {Manuscript, Department of Economics, Hamilton College}, - year = 2013, - note = {\url{http://people.hamilton.edu/documents/BarthDaniel_CostsBeliefs_RFS.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/barthCostsBeliefs.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/barthCostsBeliefs.pdf:PDF}, - url = {http://people.hamilton.edu/documents/BarthDaniel_CostsBeliefs_RFS.pdf} -} - -@BOOK{bartlett:quotes, - title = {Familiar Quotations}, - publisher = {Little, Brown, and Company}, - year = 1980, - author = {Bartlett, John}, - address = {Boston}, - edition = 15, - note = {Edited by Emily Morison Beck} -} - -@ARTICLE{bk:InvestPlan, - author = {Basu, Susanto and Kimball, Miles S.}, - title = {Investment Planning Costs and the Effects of Fiscal and Monetary Policy}, - journal = {Manuscript, U of Michigan}, - year = 2004 -} - -@ARTICLE{basuKimballLabor, - author = {Basu, Susanto and Kimball, Miles S.}, - title = {Long-Run Labor Supply and the Elasticity of Intertemporal Substitution for Consumption}, - journal = {Manuscript, University of Michigan}, - year = 2000 -} - -@ARTICLE{blAsymptotics, - author = {Battycharya, R. N. and Lee, O.}, - title = {Asymptotics of a Class of Markov Processes Which Are Not In General Irreducible}, - journal = {Annals of Probability}, - year = 1988, - volume = 16, - page = {1333--1347} -} - -@MISC{baxter:euler, - author = {Baxter, Marianne}, - title = {Approximating Suboptimal Dynamic Equilibria: An Euler Equation Approach}, - howpublished = {University of Rochester Working Paper Number~139}, - year = 1988 -} - -@TECHREPORT{BayoumiEdison:2003, - author = {Bayoumi, Tamim and Edison, Hali}, - title = {Is Wealth Increasingly Driving Consumption}, - institution = {Netherlands Central Bank}, - year = 2003, - type = {DNB Staff Reports (discontinued)}, - number = 101 -} - -@ARTICLE{Bayoumi/Klein:1997, - author = {Bayoumi, Tamim and Klein, Michael W.}, - title = {A provinvial view of economic integration}, - journal = {IMF Working Paper}, - year = 1997, - number = {WP/97/41} -} - -@ARTICLE{bcjRiskPreferences, - author = {Beauchamp, Jonathan and Cesarini, David and Johannesson, Magnus}, - title = {The Psychometric Properties of Measures of Risk Preferences}, - journal = {Manuscript, Harvard University}, - year = 2011 -} - -@ARTICLE{bl02, - author = {Thorsten Beck and Ross Levine}, - title = {Industry Growth and Capital Allocation: Does Having a Market- or Bank-Based System Matter?}, - journal = {Journal of Financial Economics}, - year = 2002, - volume = 4, - pages = {59--77}, - number = 2 -} - -@BOOK{becker:humcap, - title = {Human Capital: A Theoretical Analysis with Special Reference to Education}, - publisher = {Columbia University Press for NBER}, - year = 1964, - author = {Becker, Gary}, - address = {New York} -} - -@ARTICLE{beckerWealth, - author = {Becker, Robert A. and Foias, C.}, - title = {A Characterization of Ramsey Equilibrium}, - journal = {Journal of Economic Theory}, - year = 1987, - volume = 41, - pages = {173--184}, - number = 1, - publisher = {Elsevier} -} - -@ARTICLE{bcj:wealtheffects, - author = {Benjamin, John D. and Chinloy, Peter and Jud, G. Donald}, - title = {Consumption, Real Estate and Financial Wealth}, - journal = {Manuscript, University of North Carolina}, - year = 2003 -} - -@INCOLLECTION{porath:humcap2, - author = {Ben~Porath, Yoram}, - title = {The Production of Human Capital Over Time}, - booktitle = {Education, Income, and Human Capital}, - publisher = {National Bureau of Economic Research, Distributed by Columbia University Press}, - year = 1970, - editor = {W.~L.~Hansen}, - address = {New York} -} - -@ARTICLE{porath:humcap, - author = {Ben~Porath, Yoram}, - title = {The Production of Human Capital and the Life Cycle of Earnings}, - journal = {Journal of Political Economy}, - year = 1967, - volume = 75, - pages = {352--65}, - number = {supplement} -} - -@ARTICLE{bcLongRunRisk, - author = {Benzoni, Luca and Pierre Collin-Dufresne and Robert S. Goldstein}, - title = {Portfolio Choice over the Life-Cycle when the Stock and Labor Markets are Cointegrated}, - journal = {Journal of Finance}, - year = 2007, - volume = 62, - pages = {2123--2167}, - number = 5, - month = {Oct}, - note = {\url{http://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.2007.01271.x/full}}, - doi = {DOI: 10.1111/j.1540-6261.2007.01271.x}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bcLongRunRisk.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bcLongRunRisk.pdf:PDF}, - url = {http://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.2007.01271.x/full} -} - -@ARTICLE{bszHumK, - author = {Berk, Jonathan and Stanton, Richard and Zechner, Josef}, - title = {Human Capital, Bankruptcy, and Capital Structure}, - journal = {Manuscript, Hass School of Business, Berkeley}, - year = 2009 -} - -@ARTICLE{Bernanke:savingglut, - author = {Bernanke, Ben}, - title = {The Global Saving Glut and the U.S.\ Current Account Deficit}, - journal = {Remarks at the Sandridge Lecture, Virginia Association of Economics, Richmond, Virginia}, - year = 2005, - volume = {March 10, 2005} -} - -@ARTICLE{bernanke&ferri&simon:flight, - author = {Bernanke, Benjamin and Ferrri, Giovanni and Simon, Peter}, - title = {Is There a Flight to Quality in Consumer Lending?}, - journal = {Manuscript, Princeton University}, - year = 1997 -} - -@ARTICLE{bernanke&gertler&gilchrist:accellerator, - author = {Bernanke, Benjamin and Gertler, Mark and Gilchrist, Simon}, - title = {The Financial Accellerator and the Flight to Quality}, - journal = {Review of Economics and Statistics}, - year = 1996, - volume = 78, - pages = {1--15} -} - -@ARTICLE{bernankeGlut, - author = {Bernanke, Benjamin S.}, - title = {The Global Saving Glut and the U.S. Current Account Deficit : A Speech at the Sandridge Lecture, Virginia Association of Economics, Richmond, Virginia, March 10, 2005 and the Homer Jones Lecture, St.}, - journal = {Speech}, - year = 2005, - abstract = {No abstract is available for this item.}, - bdsk-url-1 = {http://ideas.repec.org/a/fip/fedgsq/y2005x19.html}, - keywords = {Balance of trade ; Budget deficits ; International finance}, - url = {http://ideas.repec.org/a/fip/fedgsq/y2005x19.html} -} - -@ARTICLE{bernanke:adjcosts, - author = {Bernanke, Ben S.}, - title = {Adjustment Costs, Durables, and Aggregate Consumption}, - journal = {Journal of Monetary Economics}, - year = 1985, - volume = 15, - pages = {41--68}, - number = 1 -} - -@ARTICLE{bernanke:liquidity, - author = {Bernanke, Ben S.}, - title = {Permanent Income, Liquidity, and Expenditure on Automobiles: Evidence From Panel Data}, - journal = {Quarterly Journal of Economics}, - year = 1984, - volume = 99, - pages = {587--614}, - number = 3 -} - -@ARTICLE{bernanke:irreversible, - author = {Bernanke, Ben S.}, - title = {Irreversibility, Uncertainty, and Cyclical Investment}, - journal = {Quarterly Journal of Economics}, - year = 1983, - volume = 98, - pages = {85--106}, - number = 1 -} - -@BOOK{blmp:infltarget, - title = {Inflation Targeting: Lessons from the International Experience}, - publisher = {Princeton University Press}, - year = 1999, - author = {Bernanke, Ben S. and Laubach, Thomas and Mishkin, Frederic S. and Posen, Adam S.}, - address = {Princeton, NJ} -} - -@ARTICLE{bernheim&garrett:education, - author = {Bernheim, B. Douglas and Garrett, Daniel M.}, - title = {The Determinants and Consequences of Financial Education in the Workplace: Evidence From a Survey of Households}, - journal = {NBER Working Paper No. 5667}, - year = 1996 -} - -@ARTICLE{bsw:variation, - author = {Bernheim, B. Douglas and Skinner, Jonathan and Weinberg, Steven}, - title = {What Accounts for the Variation Retirement Wealth Among US Households?}, - journal = {NBER Working Paper Number 6227}, - year = 1997 -} - -@INCOLLECTION{bernheim:literacy, - author = {Bernheim, Douglas}, - title = {Personal Saving, Information, and Economic Literacy: New Directions for Public Policy}, - booktitle = {Tax Policiy for Economic Growth in the 1990s}, - publisher = {merican Council for Capital Formation}, - year = 1996, - pages = {53--78}, - address = {Washington, D.C.} -} - -@INCOLLECTION{b&s-m:usportfolios, - author = {Bertaut, Carol and Starr-McCluer, Martha}, - title = {Household Portfolios in the United States}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, Tullio} -} - -@ARTICLE{bertaut:wealtheffects, - author = {Bertaut, Carol C.}, - title = {Equity Prices, Household Wealth, and Consumption Growth in Foreign Industrial Countries: Wealth Effects in the 1990s}, - journal = {Board of Governors of the Federal Reserve System International Finance Discussion Papers 724}, - year = 2002 -} - -@ARTICLE{bertaut&haliassos:portfolio, - author = {Bertaut, Carol C. and Haliassos, Michael}, - title = {Precautionary portfolio behavior from a life-cycle perspective}, - journal = {Journal of Economic Dynamics And Control}, - year = 1997, - volume = 21, - pages = {1511--1542}, - number = {8-9} -} - -@INCOLLECTION{bertola&caballero:kinks, - author = {Bertola, Guiseppe and Caballero, Ricardo J.}, - title = {Kinked Adjustment Costs and Aggregate Dynamics}, - booktitle = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 1990, - editor = {Blanchard, Olivier J. and Fischer, Stanley}, - pages = {237--288}, - address = {Cambridge, MA} -} - -@ARTICLE{bertola&caballero:irreversible, - author = {Bertola, Guiseppe and Caballero, Ricardo J.}, - title = {Irreversibility and Aggregate Investment}, - journal = {Review of Economic Studies}, - year = 1994, - volume = 61, - pages = {223--246}, - number = 2 -} - -@ARTICLE{bgp:durables, - author = {Bertola, Giuseppe and Guiso, Luigi and Pistaferri, Luigi}, - title = {Uncertainty and Consumer Durables Adjustment}, - journal = {Review of Economic Studies}, - year = 2005, - volume = 72, - pages = {973--1007}, - number = 4, - bdsk-url-1 = {http://www.blackwell-synergy.com/doi/abs/10.1111/%200034-6527.00358}, - bdsk-url-2 = {http://dx.doi.org/10.1111/0034-6527.00358}, - doi = {doi: 10.1111/0034-6527.00358}, - url = {http://www.blackwell-synergy.com/doi/abs/10.1111/ 0034-6527.00358} -} - -@ARTICLE{bmTrickleDown, - author = {Bertrand, Marianne and Adair Morse}, - title = {Trickle Down Consumption}, - journal = {Manuscript, Chicago Booth School of Business}, - year = 2012, - file = {/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/bmTrickleDown.pdf:/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/bmTrickleDown.pdf:PDF} -} - -@INCOLLECTION{besley:kink, - author = {Besley, Timothy}, - title = {Savings, Credit, and Insurance}, - booktitle = {Handbook of Development Economics, Volume III}, - publisher = {Elsevier}, - year = 1995, - editor = {Behrman, Jere and Srinivasan, T.N.}, - chapter = 36, - pages = {2123--2207} -} - -@TECHREPORT{bic06, - author = {Alena {Bi{\v}c{{\'}a}kov{{\'}a}}}, - title = {Market vs. Institutions: The Trade-off Between Unemployment and Wage Inequality Revisited}, - institution = {European University Institute}, - year = 2006, - type = {Economics Working Papers}, - number = 31 -} - -@TECHREPORT{bss06, - author = {Alena {Bi{\v} c{{\'}a}kov{{\'}a}} and Jiri {Sla{\v} c{{\'}a}lek} and Michal {Slav{\'}\i k}}, - title = {Fiscal Implications of Personal Tax Adjustments in the {C}zech {R}epublic}, - institution = {Czech National Bank}, - year = 2006, - type = {working paper}, - number = 7 -} - -@ARTICLE{bhw:sociallearning, - author = {Bikhchandani, Sushil, David Hirshleifer and Welch, Ivo}, - title = {Learning from the Behavior of Others: Conformity, Fads, and Informational Cascades}, - journal = {Journal of Economic Perspectives}, - year = 1998, - volume = 12, - number = 3 -} - -@BOOK{billingsley:probability, - title = {Probability and Measure}, - publisher = {John Wiley and Sons}, - year = 1995, - author = {Billingsley, Patrick}, - edition = {3rd} -} - -@BOOK{billingsley:convergence, - title = {Convergence of Probability Measures}, - publisher = {John Wiley and Sons}, - year = 1968, - author = {Billingsley, Patrick} -} - -@ARTICLE{binmore&samuelson:muddling, - author = {Binmore, Ken and Samuelson, Larry}, - title = {Muddling Through: Noisy Equilibrium Selection}, - journal = {Journal of Economic Theory}, - year = 1997, - volume = 74, - pages = {235--65} -} - -@ARTICLE{bizer&judd:tax, - author = {{Bizer, David S.} and {Kenneth L. Judd}}, - title = {Taxation and Uncertainty}, - journal = {American Economic Review}, - year = 1989, - volume = 79, - pages = {331--336}, - number = 2 -} - -@INCOLLECTION{blairPCEweightedCPI, - author = {Blair, Caitlin}, - title = {Constructing a PCE-Weighted Consumer Price Index}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2013, - editor = {Carroll, Christopher D. and Thomas Crossley and John Sabelhaus} -} - -@BOOK{blanchard&fischer:text, - title = {Lectures on Macroeconomics}, - publisher = {MIT Press}, - year = 1989, - author = {Blanchard, Olivier and Fischer, Stanley} -} - -@TECHREPORT{bg05, - author = {Olivier Blanchard and Jordi Gali}, - title = {Real Wage Rigidities and the New Keynesian Model}, - institution = {MIT}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{blanchard:cweak, - author = {Blanchard, Olivier J.}, - title = {What Caused the Last Recession? Consumption and the Recession of 1990-1991}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {270--274}, - number = 2 -} - -@ARTICLE{blanchardFinite, - author = {Blanchard, Olivier J.}, - title = {Debt, Deficits, and Finite Horizons}, - journal = {Journal of Political Economy}, - year = 1985, - volume = 93, - pages = {223--247}, - number = 2, - month = {April} -} - -@ARTICLE{blanchard:burstingbubbles, - author = {Blanchard, Olivier J.}, - title = {Speculative Bubbles, Crashes, and Rational Expectations}, - journal = {Economics Letters}, - year = 1989, - volume = 3, - pages = {387--389}, - note = {\url{http://ideas.repec.org/a/eee/ecolet/v3y1979i4p387-389.html}}, - bdsk-url-1 = {http://ideas.repec.org/a/eee/ecolet/v3y1979i4p387-389.html}, - url = {http://ideas.repec.org/a/eee/ecolet/v3y1979i4p387-389.html} -} - -@ARTICLE{blanchardOutput, - author = {Blanchard, Olivier J.}, - title = {Output, the Stock Market, and Interest Rates}, - journal = {The American Economic Review}, - year = 1981, - volume = 71, - pages = {pp.132--143}, - number = 1, - bdsk-url-1 = {http://www.jstor.org/stable/1805045}, - copyright = {Copyright {\copyright} 1981 American Economic Association}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={Mar., 1981}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/1805045} -} - -@ARTICLE{blanchflower&oswald:wellbeing, - author = {Blanchflower, David and Oswald, Andrew J.}, - title = {Well Being Over Time in Britain and the USA}, - journal = {Journal of Public Economics}, - year = 2004, - volume = 88, - pages = {1359--1386} -} - -@ARTICLE{blaukahn07, - author = {Francine D. Blau and Lawrence M. Kahn}, - title = {Changes in the Labor Supply Behavior of Married Women: 1980--2000}, - journal = {Journal of Labor Economics}, - year = 2007, - pages = {393--438}, - number = 3, - vollume = 25 -} - -@TECHREPORT{blaukahn05, - author = {Francine D. Blau and Lawrence M. Kahn}, - title = {Changes in the Labor Supply Behavior of Married Women: 1980--2000}, - institution = {National Bureau of Economic Research, Inc}, - year = 2005, - type = {NBER Working Papers}, - number = 11230, - month = Mar -} - -@BOOK{blinder:centbank, - title = {Central Banking in Theory and Practice}, - publisher = {MIT Press}, - year = 1998, - author = {Blinder, Alan S.}, - address = {Cambridge, MA} -} - -@ARTICLE{orphanides:terrorismjme, - author = {Blomberg, S. Brock and Hess, Gregory D. and Orphanides, Athanasios}, - title = {The Macroeconomic Consequences of Terrorism}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - pages = {1007--1032}, - number = 5 -} - -@TECHREPORT{blzInvestment, - author = {Blomstr\"{o}m, M. and Lipsey, R.E. and Zejan, M.}, - title = {Is Fixed Investment the Key to Economic Growth?}, - year = 1996, - number = 1, - file = {elNotFactor.pdf:elNotFactor.pdf:PDF}, - journal = {The Quarterly Journal of Economics}, - pages = {269--276}, - publisher = {JSTOR}, - volume = 111 -} - -@article {bloomUncertainty, - author = {Bloom, Nicholas}, - title = {The Impact of Uncertainty Shocks}, - journal = {Econometrica}, - volume = 77, - number = 3, - publisher = {Blackwell Publishing Ltd}, - issn = {1468-0262}, - url = {http://dx.doi.org/10.3982/ECTA6248}, - doi = {10.3982/ECTA6248}, - pages = {623--685}, - keywords = {Adjustment costs, uncertainty, real options, labor and investment}, - year = 2009, -} - -@ARTICLE{bloom&gunderson:canadian, - author = {Bloom, David and Gunderson, Morley}, - title = {An Analysis of the Earnings of Candian Immigrants}, - journal = {Manuscript, Columbia University}, - year = 1989 -} - -@ARTICLE{bloom2007uncertainty, - author = {Bloom, Nicholas and Bond, Stephen and Van Reenen, John}, - title = {Uncertainty and investment dynamics}, - journal = {Review of Economic Studies}, - year = 2007, - volume = 74, - pages = {391--415}, - number = 2, - publisher = {Wiley Online Library} -} - -@INCOLLECTION{bllDemandSystem, - author = {Blow, Laura and Lechene, Valerie and Levell, Peter}, - title = {Using the CE to Model Household Demand}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2012 -} - -@TECHREPORT{blundellEtAl_LaborDynNorway, - author = {Richard Blundell and Michael Graber and Magne Mogstad}, - title = {Labor Income Dynamics and the Insurance from Taxes, Transfers, and the Family}, - institution = {University College London}, - year = 2013, - type = {mimeo} -} - -@ARTICLE{Blundell:2013tm, - author = {Blundell, Richard and Low, Hamish and Preston, Ian}, - title = {{Decomposing changes in income risk using consumption data}}, - journal = {Quantitative Economics}, - year = 2013, - volume = 4, - pages = {1--37}, - number = 1, - date-added = {2013-04-07T23:20:30GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = {{Quantitative_Economics_2013_Blundell.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2013/Blundell/Quantitative_Economics_2013_Blundell.pdf:application/pdf}}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2013/Blundell/Quantitative_Economics_2013_Blundell.pdf}, - rating = 0, - read = {Yes}, - uri = {\url{papers2://publication/uuid/FC751DEE-B1A6-4446-988D-F7480C959163}}, - url = {http://onlinelibrary.wiley.com/doi/10.3982/QE44/abstract} -} - -@INCOLLECTION{blundmac99, - author = {Blundell, Richard and MaCurdy, Thomas}, - title = {Labor supply: A review of alternative approaches}, - booktitle = {Handbook of Labor Economics}, - publisher = {Elsevier}, - year = 1999, - editor = {O. Ashenfelter and D. Card}, - volume = 3, - series = {Handbook of Labor Economics}, - chapter = 27, - pages = {1559--1695} -} - -@ARTICLE{blundell, - author = {Blundell, Richard and Pistaferri, Luigi and Preston, Ian}, - title = {Consumption Inequality and Partial Insurance}, - journal = {Manuscript}, - year = 2008 -} - -@Article{chiuriJappelli_Homeownership, - author = {Chiuri, Maria Concetta and Jappelli, Tullio}, - title = {Financial Market Imperfections and Home Ownership: A Comparative Study}, - journal = {European Economic Review}, - year = 2003, - volume = 47, - number = 5, - pages = {857--875}, - month = {October}, -} - -@Article{bps:familyLaborS, - author = {Richard Blundell and Luigi Pistaferri and Itay Saporta-Eksten}, - title = {Consumption Inequality and Family Labor Supply}, - journal = {American Economic Review}, - year = 2016, - volume = 106, - number = 2, - pages = {387--435}, - month = {February}, - abstract = {We examine the link between wage and consumption inequality using a life-cycle model incorporating consumption and family labor supply decisions. We derive analytical expressions for the dynamics of consumption, hours, and earnings of two earners in the presence of correlated wage shocks, nonseparability, progressive taxation, and asset accumulation. The model is estimated using panel data for hours, earnings, assets, and consumption. We focus on family labor supply as an insurance mechanism and find strong evidence of smoothing of permanent wage shocks. Once family labor supply, assets, and taxes are properly accounted for there is little evidence of additional insurance. (JEL D12, D14, D91, J22, J31)}, - url = {https://ideas.repec.org/a/aea/aecrev/v106y2016i2p387-435.html} -} - -@TECHREPORT{bps:familyLaborS_NBERWP, - author = {Richard Blundell and Luigi Pistaferri and Itay Saporta-Eksten}, - title = {Consumption Inequality and Family Labor Supply}, - institution = {National Bureau of Economic Research, Inc}, - year = 2012, - type = {NBER Working Papers}, - number = 18445, - month = Oct, - abstract = {In this paper we examine the link between wage inequality and consumption inequality using a life cycle model that incorporates household consumption and family labor supply decisions. We derive analytical expressions based on approximations for the dynamics of consumption, hours, and earnings of two earners in the presence of correlated wage shocks, non-separability and asset accumulation decisions. We show how the model can be estimated and identified using panel data for hours, earnings, assets and consumption. We focus on the importance of family labour supply as an insurance mechanism to wage shocks and find strong evidence of smoothing of males and females permanent shocks to wages. Once family labor supply, assets and taxes are properly accounted for their is little evidence of additional insurance.}, - url = {http://ideas.repec.org/p/nbr/nberwo/18445.html} -} - -@ARTICLE{bpQJE, - author = {Blundell, Richard W. and Preston, Ian}, - title = {Consumption Inequality and Income Uncertainty}, - journal = {Quarterly Journal of Economics}, - year = 1998, - volume = 113, - pages = {603--640} -} - -@TECHREPORT{stressTest, - author = {{Board of Governors of the Federal Reserve System}}, - title = {The Supervisory Capital Assessment Program: Design and Implementation}, - year = 2009, - type = {white paper}, - note = {Available at \url{ http://www.federalreserve.gov/newsevents/press/bcreg/20090424a.htm}} -} - -@ARTICLE{bodkin:mpc, - author = {Bodkin, Ronald}, - title = {Windfall Income and Consumption}, - journal = {American Economic Review}, - year = 1959, - volume = 49, - pages = {602--614}, - number = 4, - month = {September} -} - -@ARTICLE{bcfHabits, - author = {Michele Boldrin and Lawrence J. Christiano and Jonas D. Fisher}, - title = {Habit Persistence, Asset Returns and the Business Cycle}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - pages = {149--66}, - number = 1 -} - -@ARTICLE{bdWontTell, - author = {Bollinger, C.R. and David, M.H.}, - title = {I Didn't Tell, And I Won't Tell: Dynamic Response Error in the SIPP}, - journal = {Journal of Applied Econometrics}, - year = 2005, - volume = 20, - pages = {563--569}, - number = 4, - publisher = {Wiley Online Library} -} - -@ARTICLE{be05, - author = {Holger Bonin and Rob Euwals}, - title = {Participation Behavior of the {E}ast {G}erman Women after {G}erman Unification}, - journal = {Applied Economics Quarterly}, - year = 2005, - volume = 51, - number = 4 -} - -@TECHREPORT{be02, - author = {Holger Bonin and Rob Euwals}, - title = {Participation Behavior of the {E}ast {G}erman Women after {G}erman Unification}, - institution = {William Davidson Institute}, - year = 2002, - type = {working paper}, - number = 477 -} - -@ARTICLE{bgr:stockmarket, - author = {Boone, Laurence and Giorno, Claude and Richardson, Pete}, - title = {Stock Market Fluctuations and Consumption Behavior: Some Recent Evidence}, - journal = {OECD Economics Department Working Paper 208}, - year = 1998 -} - -@ARTICLE{booth:taxrevs, - author = {Booth, Mark}, - title = {Projecting Federal Tax Revenues and the Effect of Changes in Tax Law}, - journal = {Congressional Budget Office}, - year = 1998 -} - -@INPROCEEDINGS{bor96, - author = {Claudio E. V. Borio}, - title = {Credit Characteristics and the Monetary Policy Transmission in Fourteen Industrial Countries: Facts, Conjectures and Some Econometric Evidence}, - booktitle = {Monetary Policy in a Converging Europe}, - year = 1996, - editor = {Alders and Koos}, - pages = {77--115}, - publisher = {MIT Press} -} - -@ARTICLE{boskinInterestElasticity, - author = {Boskin, Michael J.}, - title = {Taxation, Saving, and the Rate of Interest}, - journal = {The Journal of Political Economy}, - year = 1978, - pages = {3--27}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/boskinInterestElasticity.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/boskinInterestElasticity.pdf:PDF}, - publisher = {JSTOR} -} - -@ARTICLE{BosticEtAl:2009, - author = {Bostic, Raphael and Gabriel, Stuart and Painter, Gary}, - title = {Housing Wealth, Financial Wealth, and Consumption: New Evidence from Micro Data}, - journal = {Regional Science and Urban Economics}, - year = 2009, - volume = 39, - pages = {79--89} -} - -@BOOK{bosworth:global, - title = {Saving and Investment in a Global Economy}, - publisher = {The Brookings Institution}, - year = 1993, - author = {Bosworth, Barry}, - address = {Washington, DC} -} - -@ARTICLE{bbsMicro, - author = {Bosworth, Barry and Burtless, Gary and Sabelhaus, John}, - title = {The Decline in Saving: Some Microeconomic Evidence}, - journal = {Brookings Papers on Economic Activity}, - year = 1991, - volume = 22, - pages = {183--256}, - number = {1991-1}, - bdsk-url-1 = {http://ideas.repec.org/a/bin/bpeajo/v22y1991i1991-1p183-256.html}, - url = {http://ideas.repec.org/a/bin/bpeajo/v22y1991i1991-1p183-256.html} -} - -@ARTICLE{blGenes, - author = {Bouchard, Thomas J. and Loehlin, John C.}, - title = {Genes, Evolution, and Personality}, - journal = {Behavior Genetics}, - year = 2001, - volume = 31, - pages = {243--273}, - number = 3, - note = {\url{http://www.springerlink.com/content/qt0138g23w8720j1/fulltext.pdf}}, - abstract = {There is abundant evidence, some of it reviewed in this paper, that personality traits are substantially influenced by the genes. Much remains to be understood about how and why this is the case. We argue that placing the behavior genetics of personality in the context of epidemiology, evolutionary psychology, and neighboring psychological domains such as interests and attitudes should help lead to new insights. We suggest that important methodological advances, such as measuring traits from multiple viewpoints, using large samples, and analyzing data by modern multivariate techniques, have already led to major changes in our view of such perennial puzzles as the role of “unshared environment” in personality. In the long run, but not yet, approaches via molecular genetics and brain physiology may also make decisive contributions to understanding the heritability of personality traits. We conclude that the behavior genetics of personality is alive and flourishing but that there remains ample scope for new growth and that much social science research is seriously compromised if it does not incorporate genetic variation in its explanatory models.}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/blGenes.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/blGenes.pdf:PDF}, - publisher = {Springer}, - url = {http://www.springerlink.com/content/qt0138g23w8720j1/fulltext.pdf} -} - -@TECHREPORT{bound89, - author = {John Bound and Charles Brown and Greg J. Duncan and Willard L Rodgers}, - title = {Measurement Error In Cross-Sectional and Longitudinal Labor Market Surveys: Results From Two Validation Studies}, - institution = {National Bureau of Economic Research, Inc}, - year = 1989, - type = {NBER Working Papers}, - number = 2884 -} - -@ARTICLE{bound&jaeger&baker:disease, - author = {Bound, John and Jaeger, David A. and Baker, Regina}, - title = {The Cure Can Be Worse Than The Disease: A Cautionary Tale Regarding Instrumental Variables}, - journal = {NBER Technical Working Paper No. 137}, - year = 1993 -} - -@ARTICLE{bound&krueger:measerr, - author = {Bound, John and Krueger, Alan B.}, - title = {The Extent of Measurement Error in Longitudinal Earnings Data: Do Two Wrongs Make A Right?}, - journal = {Journal of Labor Economics}, - year = 1991, - volume = 9, - number = 1 -} - -@TECHREPORT{rockinst, - author = {Boyd, Donald J. and Dadayan, Lucy}, - title = {Sales Tax Decline in Late 2008 Was the Worst in 50 Years}, - institution = {The Nelson A. Rockefeller Institute of Government}, - year = 2009, - type = {State Revenue Report}, - number = 75, - note = {Available at \url{ http://www.rockinst.org/pdf/government_finance/state_revenue_report/2009-04-14-(75)-state_revenue_report_sales_tax_decline.pdf }} -} - -@ARTICLE{boyd:weighted, - author = {Boyd, John H.}, - title = {A Weighted Contraction Mapping Theorem}, - journal = {Journal of Economic Theory}, - year = 1990, - volume = 6, - pages = {343--362} -} - -@ARTICLE{bcd:refinancing, - author = {Brady, Peter J. and Canner, Glenn and Maki, Dean}, - title = {The Effects of Recent Mortgage Refinancing}, - journal = {Federal Reserve Bulletin}, - year = 2000 -} - -@ARTICLE{bl98, - author = {Jason Bram and Sydney Ludvigson}, - title = {Does Consumer Confidence Forecast Household Expenditure? A Sentiment Index Horse Race}, - journal = {FRBNY Economic Policy Review}, - year = 1998, - volume = 4, - pages = {59--77}, - number = 2 -} - -@ARTICLE{bra04, - author = {William A. Branch}, - title = {The Theory of Rationally Heterogeneous Expectations: Evidence from Survey Data on Inflation Expectations}, - journal = {Economic Journal}, - year = 2004, - volume = 114, - pages = {592--621}, - number = 497 -} - -@ARTICLE{branchQJE:hetero, - author = {Branch, William A.}, - title = {The Theory of Rationally Heterogeneous Expectations: Evidence from Survey Data on Inflation Expectations}, - journal = {Manuscript, Department of Economics, College of William and Mary}, - year = 2001 -} - -@ARTICLE{bcf93, - author = {Braun, Philip A. and Constantinides, George M. and Ferson, Wayne E.}, - title = {Time Nonseparability in Aggregate Consumption: International Evidence}, - journal = {European Economic Review}, - year = 1993, - volume = 37, - pages = {897--920} -} - -@ARTICLE{Braun, - author = {Braun, Richard Anton and Li, Huiyu and Stachurski, John}, - title = {Computing Densities and Expectations in Stochastic Recursive Economies: Generalized Look-Ahead Techniques}, - journal = {Manuscript}, - year = 2009 -} - -@MISC{BravConstantinidesGeczy:1999, - author = {Brav, Alon and Constantinides, George M. and Geczy, Christopher C.}, - title = {Asset Pricing with Heterogeneous Consumers and Limited Participation: Empirical Evidence}, - howpublished = {Rodney L. White Center for Financial Research working paper}, - month = {October}, - year = 1999 -} - -@TECHREPORT{bt96, - author = {Flint Brayton and Peter Tinsley}, - title = {A Guide to FRB/US: A Macroeconomic Model of the United States}, - institution = {Federal Reserve Board}, - year = 1996, - type = {FEDS working paper}, - number = 42 -} - -@ARTICLE{brockmirman:growth, - author = {Brock, William and Mirman, Leonard}, - title = {Optimal Economic Growth and Uncertainty: The Discounted Case}, - journal = {Journal of Economic Theory}, - year = 1972, - volume = 4, - pages = {479--513}, - number = 3, - month = {June} -} - -@TECHREPORT{bhHousingDepression, - author = {Michael Brocker and Christopher Hanes}, - title = {The 1920s American Real Estate Boom and the Downturn of the Great Depression: Evidence from City Cross Sections}, - institution = {National Bureau of Economic Research}, - year = 2013, - type = {Working Paper}, - number = 18852, - month = {February}, - abstract = {In the 1929-1933 downturn of the Great Depression, house values and homeownership rates fell more, and mortgage foreclosure rates were higher, in cities that had experienced relatively high rates of house construction in the residential real-estate boom of the mid-1920s. Across the 1920s, boom cities had seen the biggest increases in house values and homeownership rates. These patterns suggest that the mid-1920s boom contributed to the depth of the Great Depression through wealth and financial effects of falling house values. Also, they are very similar to cross-sectional patterns across metro areas around 2006.}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bhHousingDepression.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bhHousingDepression.pdf:PDF}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18852} -} - -@article{bpStim, - author = {Christian Broda and Jonathan A. Parker}, - title = {The Economic Stimulus Payments of 2008 and the Aggregate Demand for Consumption}, - journal = {Journal of Monetary Economics}, - year = 2014, - volume = 68, - pages = {S20--S36}, -} - -@UNPUBLISHED{br2009, - author = {Christian Broda and John Romalis}, - title = {The Welfare Implications of Rising Price Dispersion}, - note = {Manuscript, University of Chicago}, - month = {July}, - year = 2009 -} - -@ARTICLE{brown&light:tenure, - author = {Brown, James N. and Light, Audrey}, - title = {Interpreting Panel Data on Job Tenure}, - journal = {Journal of Labor Economics}, - year = 1992, - volume = 10, - pages = {219--257}, - number = 3 -} - -@TECHREPORT{BrownEtAl:2010, - author = {Brown, Meta and Haughwout, Andrew and Lee, Donghoon and van der Klaau, Wilbert}, - title = {The Financial Crisis at the Kitchen Table: Trends in Household Debt and Credi}, - institution = {Federal Reserve Bank of New York}, - year = 2010, - type = {Staff Reports}, - number = 480, - month = {December} -} - -@ARTICLE{browning&crossley:lifecycle, - author = {Browning, Martin and Crossley, Thomas F.}, - title = {The Life-Cycle Model of Consumption and Savings}, - journal = {Journal of Economic Perspectives}, - year = 2001, - volume = 15, - pages = {3--22}, - number = 3 -} - -@ARTICLE{blImputing, - author = {Browning, Martin and Leth-Petersen, Søren}, - title = {Imputing Consumption from Income and Wealth Information}, - journal = {The Economic Journal}, - year = 2003, - volume = 113, - pages = {pp. F282-F301}, - number = 488, - abstract = {We investigate the feasibility of deriving a measure of total expenditure at the household level from administrative micro-data on income and wealth. We use Danish administrative data that provides measures of disposable income and the holding of different assets at the end of the year. The ability to link the households in the 1994-6 Danish Expenditure Survey to their administrative data for the years around the survey year offers a unique possibility for constructing a measure of total expenditure and of checking directly on the reliability of the imputation. The results are promising.}, - copyright = {Copyright © 2003 Royal Economic Society}, - issn = 00130133, - jstor_articletype ={research-article}, - jstor_formatteddate ={Jun., 2003}, - jstor_issuetitle ={Features}, - language = {English}, - publisher = {Wiley on behalf of the Royal Economic Society}, - url = {http://www.jstor.org/stable/3590202} -} - -@INCOLLECTION{bhh:micromacro, - author = {Browning, Martin J. and Hansen, Lars P. and Heckman, James J.}, - title = {Micro Data and General Equilibrium Models}, - booktitle = {Handbook of Macroeconomics}, - publisher = {North Holland}, - year = 1999, - editor = {Taylor, John and Woodford, Michael} -} - -@ARTICLE{browning&lusardi:jel, - author = {Browning, Martin J. and Lusardi, Annamaria}, - title = {Household Saving: Micro Theories and Micro Facts}, - journal = {Journal of Economic Literature}, - year = 1996, - volume = 34, - pages = {1797--855}, - number = 4 -} - -@ARTICLE{browning&burbridge:captax, - author = {{Browning, Martin} and {J. Burbridge}}, - title = {Consumption and Income Taxation}, - journal = {Oxford Economic Papers}, - year = 1990, - volume = 42, - pages = {281--292}, - number = 1 -} - -@INCOLLECTION{brownlee:historical, - author = {Brownlee, W. Elliot}, - title = {Historical Perspectives on U.S. Tax Policy Toward the Rich}, - booktitle = {Does Atlas Shrug? The Economic Consequences of Taxing the Rich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.} -} - -@ARTICLE{bryan&gavin:inflsurv, - author = {Bryan, Michael F. and Gavin, William T.}, - title = {Models of Inflation Expectations Formation: A Comparison of Household and Economist Forecasts}, - journal = {Journal of Money, Credit, and Banking}, - year = 1986, - volume = 18, - pages = {539--43}, - month = {November} -} - -@ARTICLE{bg97, - author = {Robert M. Buckley and Eugene N. Gurenko}, - title = {Housing and Income Distribution in Russia: Zhivago's Legacy}, - journal = {The World Bank Research Observer}, - year = 1997, - volume = 12, - pages = {19--32}, - number = 1 -} - -@MISC{bull:opttax, - author = {Bull, Nicholas}, - title = {When All the Optimal Dynamic Taxes are Zero}, - howpublished = {Board of Governors of the Federal Reserve System Economic Activity Section Working Paper Series \#137}, - year = 1993 -} - -@PHDTHESIS{bull:thesis, - author = {Bull, Nicholas}, - title = {Optimal Taxation in an Endogenous Growth Model with Human Capital}, - school = {University of Minnesota}, - year = 1992 -} - -@BOOK{BLS2009, - title = {2008 Consumer Expenditure Interview Survey Public Use Microdata User's Documentation}, - publisher = {Division of Consumer Expenditure Surveys, BLS, U.S. Department of Labor}, - year = 2009, - author = {{Bureau~of~Labor~Statistics}}, - month = {October 15} -} - -@MISC{blsGemini, - author = {{Bureau{~}of{~}Labor{~}Statistics}}, - title = {Consumer Expenditure Survey (CE) Gemini Project}, - year = 2011, - bdsk-url-1 = {http://www.bls.gov/cex/geminiproject.htm}, - url = {http://www.bls.gov/cex/geminiproject.htm} -} - -@TECHREPORT{bea06, - author = {{Bureau of Economic Analysis}}, - title = {Updated Summary NIPA Methodologies}, - year = 2006, - type = {{Survey of Current Business, November}}, - note = {available at {\url{http://www.bea.gov/scb/pdf/2006/11November/1106_nipa_method.pdf}}} -} - -@ARTICLE{byrne&davis:wealtheffects, - author = {Byrne, Joseph and Davis, Phillip}, - title = {Disaggregate Wealth and Aggregate Consumption: An Investigation of Empirical Relationships for the G7}, - journal = {Manuscript, Brunel University}, - year = 2001 -} - -@ARTICLE{caballero&engel&haltiwanger:agginvdyn, - author = {Caballero, Ricardo and Engel, Eduardo and Haltiwanger, John}, - title = {Plant-Level Adjustment and Aggregate Investment Dynamics}, - journal = {Brookings Papers on Economic Activity, 1995:2}, - year = 1995, - pages = {1--39} -} - -@ARTICLE{caballero:slow, - author = {Caballero, Ricardo J.}, - title = {Durable Goods: An Explanation for Their Slow Adjustment}, - journal = {Journal of Political Economy}, - year = 1993, - volume = 101, - pages = {351--384}, - number = 2 -} - -@ARTICLE{caballero:aer, - author = {Caballero, Ricardo J.}, - title = {Earnings Uncertainty and Aggregate Wealth Accumulation}, - journal = {American Economic Review}, - year = 1991, - volume = 81, - pages = {859--871} -} - -@Article{caballero:jme, - Title = {Consumption Puzzles and Precautionary Savings}, - Author = {Caballero, Ricardo J.}, - Journal = {Journal of Monetary Economics}, - Year = 1990, - Note = {\url{http://ideas.repec.org/p/clu/wpaper/1988_05.html}}, - Pages = {113-136}, - Volume = 25, - Owner = {Nic Johnson}, - Url = {http://ideas.repec.org/a/eee/moneco/v25y1990i1p113-136.html} -} - -@ARTICLE{caballero&engel:dynamics, - author = {Caballero, Ricardo J. and Engel, Eduardo M. R. A.}, - title = {Explaining Investment Dynamics in U.S. Manufacturing: A Generalized (S,s) Approach}, - journal = {NBER Working Paper No. 4887}, - year = 1994 -} - -@ARTICLE{cfg:globimbalances, - author = {Caballero, Ricardo J. and Farhi, Emmanuel and Gourinchas, Pierre-Olivier}, - title = {An Equilibrium Model of {"}Global Imbalances{"} and Low Interest Rates}, - journal = {American Economic Review}, - year = 2008, - volume = 98, - pages = {358--388}, - number = 1 -} - -@ARTICLE{cagettiInterestElasticity, - author = {Cagetti, Marco}, - title = {Interest Elasticity in a Life-Cycle Model with Precautionary Savings}, - journal = {The American Economic Review}, - year = 2001, - volume = 91, - pages = {pp.418--421}, - number = 2, - copyright = {Copyright © 2001 American Economic Association}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={May, 2001}, - jstor_issuetitle ={Papers and Proceedings of the Hundred Thirteenth Annual Meeting of the American Economic Association}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2677800} -} - -@ARTICLE{cjStableEfficient, - author = {Cai, Y. and Judd, Kenneth L.}, - title = {Stable and Efficient Computational Methods for Dynamic Programming}, - journal = {Journal of the European Economic Association}, - year = 2010, - volume = 8, - pages = {626--634}, - number = {2-3}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cjStableEfficient.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/stableEfficient.pdf:PDF}, - publisher = {Wiley Online Library} -} - -@ARTICLE{calvoPrices, - author = {Calvo, Guillermo A.}, - title = {Staggered Contracts in a Utility-Maximizing Framework}, - journal = {Journal of Monetary Economics}, - year = 1983, - volume = 12, - pages = {383--98}, - number = 3 -} - -@INCOLLECTION{camererMindful, - author = {Camerer, Colin}, - title = {The Case for Mindful Economics}, - booktitle = {The Foundations of Positive and Normative Economics: A Handbook}, - publisher = {Oxford University Press, USA}, - year = 2010, - series = {The Handbooks in Economic Methodologies}, - note = {\url{http://www2.e.u-tokyo.ac.jp/cemano/research/DRSS/documents/microCOE0806.pdf}}, - editors = {Caplin, A. and Schotter, A.}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/camererMindful.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/camererMindful.pdf:PDF}, - isbn = 9780199744855, - lccn = 2009049206, - url = {http://www2.e.u-tokyo.ac.jp/cemano/research/DRSS/documents/microCOE0806.pdf} -} - -@ARTICLE{chDebt, - author = {Campbell, Jeffrey R. and Hercowitz, Zvi}, - title = {Welfare Implications of the Transition to High Household Debt}, - journal = {Journal of Monetary Economics}, - year = 2009, - volume = 56, - pages = {1--16}, - number = 1, - month = {January}, - url = {http://ideas.repec.org/a/eee/moneco/v56y2009i1p1-16.html} -} - -@TECHREPORT{campbellMechanism, - author = {Campbell, John Y.}, - title = {Inspecting the Mechanism: An Analytical Approach to the Stochastic Growth Model}, - institution = {National Bureau of Economic Research, Inc}, - year = 1992, - type = {NBER Working Papers}, - number = 4188, - month = Oct, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/4188.html}, - url = {http://ideas.repec.org/p/nbr/nberwo/4188.html} -} - -@ARTICLE{campbellRainyDay, - author = {Campbell, John Y.}, - title = {Does Saving Anticipate Declining Labor Income? An Alternative Test of the Permanent Income Hypothesis}, - journal = {Econometrica}, - year = 1987, - volume = 55, - pages = {1249--73}, - note = {\\ \url{http://www.jstor.org/stable/1913556}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/campbellRainyDay.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/campbellRainyDay.pdf:PDF}, - url = {http://www.jstor.org/stable/1913556} -} - -@ARTICLE{cc99, - author = {John Y. Campbell and John H. Cochrane}, - title = {By Force of Habit: A Consumption-Based Explanation of Aggregate Stock Market Behavior}, - journal = {Journal of Political Economy}, - year = 1999, - volume = 107, - pages = {205--51}, - number = 2 -} - -@INCOLLECTION{Campbell/Makiw:1989, - author = {Campbell, John Y. and Mankiw, Gregory N.}, - title = {Consumption, Income and Interest Rates: Reinterpreting the Time Series Evidence}, - booktitle = {NBER macroeconomics annual}, - publisher = {MIT Press}, - year = 1989, - editor = {Blanchard, Olivier Jean and Fischer, Stanley}, - pages = {185--216}, - address = {Cambridge, MA} -} - -@INPROCEEDINGS{cmRuleOfThumb, - author = {John Y. Campbell and N. Gregory Mankiw}, - title = {Consumption, Income and Interest Rates: Reinterpreting the Time Series Evidence}, - booktitle = {NBER Macroeconomics Annual}, - year = 1989, - editor = {Olivier J. Blanchard and Stanley Fischer}, - address = {Cambridge, MA}, - publisher = {MIT Press} -} - -@InCollection{cmModel, - Title = {Consumption, Income, and Interest Rates: Reinterpreting the Time-Series Evidence}, - Author = {Campbell, John Y. and Mankiw, N. Gregory}, - Booktitle = {NBER Macroeconomics Annual, 1989}, - Publisher = {MIT Press}, - Year = 1989, - Address = {Cambridge, MA}, - Editor = {Blanchard, Olivier J. and Fischer, Stanley}, - Note = {\url{http://www.nber.org/papers/w2924.pdf}}, - Pages = {185--216}, - Owner = {Nic Johnson}, - Url = {http://www.nber.org/papers/w2924.pdf} -} - -@ARTICLE{cmRuleOfThumbIntl, - author = {Campbell, John Y. and Mankiw, N. Gregory}, - title = {The Response of Consumption to Income: A Cross-Country Investigation}, - journal = {European Economic Review}, - year = 1991, - volume = 35, - number = 4, - pages = {723--67} -} - -@ARTICLE{campbell&shiller:longrun, - author = {Campbell, John Y. and Shiller, Robert J.}, - title = {Valuation Ratios and the Long-Run Stock Market Outlook}, - journal = {Journal of Portfolio Management}, - year = 1998, - volume = 24, - pages = {11--26} -} - -@BOOK{cvAppendix, - title = {Appendix to `Strategic Asset Allocation: Portfolio Choice for Long-Term Investors'}, - publisher = {Oxford University Press, USA}, - year = 2002, - author = {Campbell, John Y. and Viceira, Luis M.}, - note = {\href{https://scholar.harvard.edu/files/campbell/files/bookapp.pdf}{https://scholar.harvard.edu/files/campbell/files/bookapp.pdf}}, - isbn = 0198296940, - url = {https://scholar.harvard.edu/files/campbell/files/bookapp.pdf} -} - -@ARTICLE{campbell&cochrane:force, - author = {{Campbell, John Y.} and Cochrane, John H.}, - title = {By Force of Habit: A Consumption-Based Explanation of Aggregate Stock Market Behavior}, - journal = {Journal of Political Economy}, - year = 1999, - volume = 107, - pages = {205--251}, - number = 2, - month = {April} -} - -@ARTICLE{cdp:refinancing, - author = {Canner, Glenn and Dynan, Karen and Passmore, Wayne}, - title = {Mortgage Refinancing in 2001 and Early 2002}, - journal = {Federal Reserve Bulletin}, - year = 2002, - volume = 88, - pages = {469--481S} -} - -@ARTICLE{caplin:aggdemand, - author = {Capli, Andrew S.}, - title = {The Variability of Aggregate Demand With (S,s) Inventory Policies}, - journal = {Econometrica}, - year = 1985, - volume = 53, - pages = {1395--1409}, - number = 6 -} - -@ARTICLE{caplin&leahy:socialdiscount, - author = {Caplin, Andrew and Leahy, John}, - title = {The Social Discount Rate}, - journal = {Manuscript, Boston University}, - year = 1999 -} - -@ARTICLE{caplin&leahy:durables, - author = {Caplin, Andrew and Leahy, John}, - title = {Durable Goods Cycles}, - journal = {Manuscript, Boston University}, - year = 1997 -} - -@INCOLLECTION{CardarelliEtAl:2008, - author = {Cardarelli, Roberto and Igan, Deniz and Rebucci, Alessandro}, - title = {The Changing Housing Cycle and the Implications for Monetary Policy}, - booktitle = {World Economic Outlook}, - publisher = {Washington: International Monetary Fund}, - year = 2008, - chapter = 3 -} - -@TECHREPORT{cir08, - author = {Roberto Cardarelli and Deniz Igan and Alessandro Rebucci}, - title = {The Changing Housing Cycle and the Implications for Monetary Policy}, - institution = {International Monetary Fund, April}, - year = 2008, - type = {{World Economic Outlook, 103--133}} -} - -@ARTICLE{cll05, - author = {Raquel Carrasco and Jos{\'}{e} M. Labeaga and J. David L{\'}{o}pez-Salido}, - title = {Consumption and Habits: Evidence from Panel Data}, - journal = {Economic Journal}, - year = 2005, - volume = 115, - pages = {144--165}, - number = 500 -} - -@ARTICLE{cll:habits, - author = {Carrasco, Raquel and Labeaga, Jos\`{e} M. and L\`opez-Salido, J. David}, - title = {Consumption and Habits: Evidence from Panel Data}, - journal = {Economic Journal}, - year = 2005, - volume = 115, - pages = {144--165}, - number = 500, - note = {available at \url{http://ideas.repec.org/a/ecj/econjl/v115y2005i500p144-165.html}} -} - -@ARTICLE{carrington:wagelosses, - author = {Carrington, William J.}, - title = {Wage Losses for Displaced Workers}, - journal = {Journal of Human Resources}, - year = 1993, - volume = {XXVIII}, - pages = {435--62}, - number = 3 -} - -@ARTICLE{socialBufferStock, - author = {Carroll, Christopher}, - title = {Social Learning and Buffer Stock Saving}, - journal = {Ongoing research project}, - year = 2008 -} - -@BOOK{ccsCE, - title = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = {Forthcoming (2014)}, - author = {Christopher Carroll and Thomas Crossley and John Sabelhaus}, - institution = {National Bureau of Economic Research}, - type = {Book}, -} - -@INCOLLECTION{carroll:epidemicinflSFI, - author = {Carroll, Christopher D.}, - title = {The {E}pidemiology of {M}acroeconomic {E}xpectations}, - booktitle = {The Economy as an Evolving Complex System, III}, - publisher = {Oxford University Press}, - year = 2006, - editor = {Blume, Larry and Durlauf, Steven}, - url = {https://github.com/llorracc/EpidemiologyOfMacro/blob/main/EpidemiologySFI.pdf} -} - - -@INPROCEEDINGS{discussgw, - author = {Carroll, Christopher D.}, - title = {Discussion of `Macroeconomic Derivatives: An Initial Analysis of Market-Based Macro Forecasts, Uncertainty, and Risk' by Gurkaynak and Wolfers}, - booktitle = {NBER International Seminar on Macroeconomics}, - year = 2005, - editor = {Frankel, Jeffrey B.}, - publisher = {MIT Press}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/discuss/ISOM/gw/2005-06.zip}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/discuss/ISOM/gw/2005-06.zip}, - url = {https://www.econ2.jhu.edu/people/ccarroll/discuss/ISOM/gw/2005-06.zip} -} - -@INPROCEEDINGS{cdc:discussdk, - author = {Carroll, Christopher D.}, - title = {Discussion of `{T}he {R}ise in {U}.{S}.\ {H}ousehold {I}ndebtedness: {C}auses and {C}onsequences'}, - booktitle = {Financial Stability and the Economic System (Proceedings of a Conference at the Reserve Bank of Australia, August 22, 2007)}, - year = 2007, - editor = {Kent, Christopher}, - note = {\url{http://www.rba.gov.au/PublicationsAndResearch/Conferences/2007/Dynan_Kohn_disc.pdf}}, - bdsk-url-1 = {http://www.rba.gov.au/PublicationsAndResearch/Conferences/2007/Dynan_Kohn_disc.pdf}, - url = {http://www.rba.gov.au/PublicationsAndResearch/Conferences/2007/Dynan_Kohn_disc.pdf} -} - -@INPROCEEDINGS{msClunkersDiscuss, - author = {Carroll, Christopher D.}, - title = {Discussion of ``The Effects of Fiscal Stimulus: Evidence from the 2009 `Cash for Clunkers' Program''}, - booktitle = {Monetary Economics Meetings, Fall 2010}, - year = 2010, - editor = {Romer, David and Shapiro, Matthew}, - institution = {National Bureau of Economic Research}, - type = {Discussion} -} - -@ARTICLE{When-FHWC-Holds, - author = {Carroll, Christopher D.}, - year = {Ongoing}, - title = {Mathematica Notebook Illustrating Target Wealth In Cases Where FHWC-TBS Fails}, - journal = {./Code/Mathematica/Examples/ManipulateParameters/When-FHWC-Holds.nb}, - url = {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.zip}, - note = {Download \href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.zip}{archive} and open Mathematica notebook} -} - -@ARTICLE{CRRA-RateRisk, - author = {Carroll, Christopher D.}, - title = {The Merton-Samuelson Model}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/assetpricing/CRRA-RateRisk/}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/AssetPricing/CRRA-RateRisk/} -} - -@INPROGRESS{carroll:learning, - author = {Carroll, Christopher D.}, - title = {Learning About Intertemporal Choice}, - year = {ongoing}, - journal = {Work in Progress} -} - -@INPROGRESS{carroll:stickycons, - author = {Carroll, Christopher D.}, - title = {Sluggish Consumption and Sticky Expectations}, - year = {ongoing}, - journal = {Work in Progress} -} - -@article{RepresentingWithoutRA-0-CFS, - author = {Carroll, Christopher D.}, - title = {Representing Consumption and Saving Without a Representative Consumer}, - year = 2014, - institution = {Center for Financial Studies (CFS)}, - journal = {CFS Working Paper Series}, - url = {http://ideas.repec.org/p/zbw/cfswop/464.html}, - note = {At \url{http://ideas.repec.org/p/zbw/cfswop/464.html}}, - volume = 464, - abstract = {The Great Recession confirmed a bedrock principle of modern consumption theory: It is impossible to explain aggregate spending behavior without knowledge of the underlying microeconomic distribution of circumstances and choices across households. National accounting frameworks therefore need to be augmented by \"bottom up\" measures that both (a) capture the microeconomic heterogeneity (in expenditures, income, assets, debt, and beliefs) in the population and (b) sum up to statistics that have a recognizable relationship to the aggregate totals that are already reasonably well measured.}, - keywords = {National Accounting; Inequality; Distribution}, -} - -@INCOLLECTION{RepresentingWithoutRA, - author = {Christopher D. Carroll}, - title = {Representing Consumption and Saving Without a Representative Consumer}, - booktitle = {Measuring Economic Sustainability and Progress}, - publisher = {University of Chicago Press}, - year = 2014, - series = {NBER-CRIW Studies in Income and Wealth}, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/papers/RepresentingWithoutRA/}}, - editors = {Dale W.\ Jorgenson and J.\ Steven Landefeld and Paul Schreyer}, - url = {http://ideas.repec.org/h/nbr/nberch/12824.html}, - abstract = {The Great Recession confirmed a bedrock principle of modern consumption theory: It is impossible to explain aggregate spending behavior without knowledge of the underlying microeconomic distribution of circumstances and choices across households. National accounting frameworks therefore need to be augmented by \"bottom up\" measures that both (a) capture the microeconomic heterogeneity (in expenditures, income, assets, debt, and beliefs) in the population and (b) sum up to statistics that have a recognizable relationship to the aggregate totals that are already reasonably well measured.}, -} - -@MISC{MathFacts, - author = {Carroll, Christopher D.}, - title = {Math Facts Useful for Graduate Macroeconomics}, - howpublished = {Online Lecture Notes}, - year = {Current}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/mathfacts/}, - url = {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/mathfacts/} -} - -@ARTICLE{carroll:nexus, - author = {Carroll, Christopher D.}, - title = {Habits, Precautionary Saving, and the Growth-Saving Nexus}, - journal = {Unpublished Manuscript, Johns Hopkins University}, - year = {{{2000} } - -@article{carroll:nexusinprogress -}} -} - -@ARTICLE{W-Hetero-Fed, - author = {Christopher D. Carroll}, - title = {Implications of Wealth Heterogeneity For Macroeconomics}, - journal = {Johns Hopkins University Department of Economics Working Paper Number 597}, - year = 2012, - month = {May}, - note = {Paper for Academic Consultants' Meeting, Board of Governors of the Federal Reserve System, available at \url{https://www.econ2.jhu.edu/people/ccarroll/papers/W-Hetero-Fed.pdf}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/W-Hetero-Fed.pdf} -} - -@Article{carrollBSTheory, - Title = {Theoretical {F}oundations of {B}uffer {S}tock {S}aving}, - Author = {Carroll, Christopher}, - Journal = {Econ-ARK REMARK}, - Year = 2020, - Note = {Available at \url{https://econ-ark.github.io/BufferStockTheory}}, - Url = {https://econ-ark.github.io/BufferStockTheory.pdf}, - status = {Under Revision} -} - -% Updates here should sync with /Volumes/Data/Papers/BufferStockTheory/BufferStockTheory-Latest/LaTeX/BufferStockTheory-Self.bib and the corresponding public version - -@article{BufferStockTheory, - author = {Christopher D. Carroll}, - journal = {Revise and Resubmit, Quantitative Economics}, - title = {Theoretical Foundations of Buffer Stock Saving}, - year = 2023, - url = {https://econ-ark.github.io/BufferStockTheory}, - doi = {https://zenodo.org/badge/latestdoi/304124725} -} - -@article{BufferStockTheoryRR, - author = {Christopher D. Carroll and Akshay Shanker}, - journal = {Revise and Resubmit, Quantitative Economics}, - title = {Theoretical Foundations of Buffer Stock Saving}, - year = 2023, - url = {https://econ-ark.github.io/BufferStockTheory}, - doi = {https://zenodo.org/badge/latestdoi/304124725} -} - -@article{BufferStockTheoryQESubmit, - author = {Christopher D. Carroll}, - journal = {Quantitative Economics}, - title = {Theoretical Foundations of Buffer Stock Saving}, - year = {2019, Submitted}, - url = {https://econ-ark.github.io/BufferStockTheory}, - doi = {https://zenodo.org/badge/latestdoi/304124725} -} - -@ARTICLE{carroll:bstheoryNBERWP, - author = {Carroll, Christopher D.}, - title = {Theoretical {F}oundations of {B}uffer {S}tock {S}aving}, - journal = {NBER Working Paper No.\ 10867}, - year = 2004, - month = {November} -} - -@ARTICLE{carroll:bstheorynourl, - author = {Carroll, Christopher D.}, - title = {Theoretical {F}oundations of {B}uffer {S}tock {S}aving}, - journal = {Manuscript, Johns Hopkins University}, - year = 2004 -} - -@ARTICLE{carroll:bstheory, - author = {Carroll, Christopher D.}, - title = {Theoretical {F}oundations of {B}uffer {S}tock {S}aving}, - journal = {NBER Working Paper No. 10867 (Status: Revise and Resubmit, {\em Quantitative Economics}, 2014)}, - year = 2004, - month = {November}, - note = {Latest version available at {\url{https://www.econ2.jhu.edu/people/ccarroll/BufferStockTheory.pdf}}} -} - -@ARTICLE{SolvingMicroDSOPs, - author = {Carroll, Christopher D.}, - title = {Solving Microeconomic Dynamic Stochastic Optimization Problems}, - journal = {Econ-ARK REMARK}, - year = 2023, - url = {https://llorracc.github.io/SolvingMicroDSOPs}, -} - -@ARTICLE{carroll:mpcperm, - author = {Carroll, Christopher D.}, - title = {Precautionary Saving and the Marginal Propensity to Consume Out of Permanent Income}, - journal = {Journal of Monetary Economics}, - year = 2009, - volume = 56, - pages = {780--790}, - number = 6, - month = {September}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/MPCPerm}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/MPCPerm.pdf}, - bdsk-url-2 = {http://dx.doi.org/10.1016/j.jmoneco.2009.06.016}, - doi = {http://dx.doi.org/10.1016/j.jmoneco.2009.06.016}, - publisher = {Elsevier}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/MPCPerm.pdf} -} - -@TECHREPORT{carrollTractable, - author = {Carroll, Christopher D.}, - title = {Lecture Notes: A Tractable Model of Buffer Stock Saving}, - institution = {Johns Hopkins University}, - year = 2016, - note = {At {\url{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption}}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.pdf} -} - -@ARTICLE{TractableBufferStock, - author = {Carroll, Christopher D.}, - title = {A Tractable Model of Buffer Stock Saving}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf}, - year = 2009, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf} -} - -@Article{carrollIrrational, - Title = {Recent Stock Declines: Panic or the Purge of `Irrational Exuberance'?}, - Author = {Carroll, Christopher D.}, - Journal = {The Economists' Voice}, - Year = 2008, - Note = {\url{https://www.econ2.jhu.edu/people/ccarroll/opinion/CampbellShillerReduxFinal.pdf}}, - Volume = 5, - Doi = {10.2202/1553-3832.1462}, - Owner = {Nic Johnson}, - Url = {https://www.econ2.jhu.edu/people/ccarroll/opinion/CampbellShillerReduxFinal.pdf} -} - -@INCOLLECTION{carroll:consumption, - author = {Carroll, Christopher D.}, - title = {Consumption}, - booktitle = {Encyclopedia Brittanica}, - year = 2007 -} - -@ARTICLE{CARAModelWithYRisk, - author = {Carroll, Christopher D.}, - title = {The CARA Model With Income Risk}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/CARAModelWithY% Risk.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/CARAModelWithYRisk.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/CARAModelWithYRisk.pdf} -} - -@ARTICLE{ConsAndLaborSupply, - author = {Carroll, Christopher D.}, - title = {Consumption and Labor Supply}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/ConsAndLaborSu% pply.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/ConsAndLaborSupply.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/ConsAndLaborSupply.pdf} -} - -@ARTICLE{Durables, - author = {Carroll, Christopher D.}, - title = {Spending on Durable and Nondurable Goods}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Durables.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Durables.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/Durables.pdf} -} - -@ARTICLE{Envelope, - author = {Carroll, Christopher D.}, - title = {The Envelope Theorem and the Euler Equation}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/envelope.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/envelope.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/envelope.pdf} -} - -@ARTICLE{GenAcctsAndGov, - author = {Carroll, Christopher D.}, - title = {Generational Accounts and the Government Budget Constraint}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/GenAcctsAndGov% .pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/GenAcctsAndGov.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/GenAcctsAndGov.pdf} -} - -@ARTICLE{Habits, - author = {Carroll, Christopher D.}, - title = {Consumption Models with Habit Formation}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Habits.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Habits.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/Habits.pdf} -} - -@ARTICLE{Laibson, - author = {Carroll, Christopher D.}, - title = {Time Inconsistency {\it a la} Laibson}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Laibson.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Laibson.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/Laibson.pdf} -} - -@ARTICLE{OLGModel, - author = {Carroll, Christopher D.}, - title = {The Diamond Overlapping Generations Model}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/OLGModel.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/OLGModel.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/OLGModel.pdf} -} - -@ARTICLE{PerfForesightCRRA, - author = {Carroll, Christopher D.}, - title = {The Perfect Foresight CRRA Consumption Model}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/PerfForesightC% RRA.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/PerfForesightCRRA.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/PerfForesightCRRA.pdf} -} - -@ARTICLE{RiskAndPSPremia, - author = {Carroll, Christopher D.}, - title = {Risk and Precautionary Premia}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/RiskAndPSPRemi% a.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/RiskAndPSPRemia.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/RiskAndPSPRemia.pdf} -} - -@ARTICLE{SocSecAndKAccum, - author = {Carroll, Christopher D.}, - title = {Social Security and Capital Accumulation}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/SocSecAndKAccu% m.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/SocSecAndKAccum.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/SocSecAndKAccum.pdf} -} - -@ARTICLE{carrollEGMNBER, - author = {Carroll, Christopher D.}, - title = {The {M}ethod of {E}ndogenous {G}ridpoints for {S}olving {D}ynamic {S}tochastic {O}ptimization {P}roblems}, - journal = {National Bureau of Economic Research Technical Working Paper No. 309}, - year = 2005, - month = {June}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/EndogenousGridpoints.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/EndogenousGridpoints.pdf} -} - -@TECHREPORT{car04, - author = {Christopher D. Carroll}, - title = {Housing Wealth and Consumption Expenditure}, - institution = {Johns Hopkins University}, - journal = {Paper for Presentation at Academic Consultants' Meeting at the Board of Governors of the Federal Reserve System}, - year = 2004, - type = {mimeo} -} - -@TECHREPORT{car04b, - author = {Carroll, Christopher D.}, - title = {Theoretical Foundations of Buffer Stock Saving}, - institution = {NBER}, - year = 2004, - type = {working paper}, - number = 10867 -} - -@ARTICLE{carroll:fedwealth, - author = {Carroll, Christopher D.}, - title = {Housing Wealth and Consumption Expenditure}, - journal = {Paper Prepared for Briefing of Board of Governors of the Federal Reserve System}, - year = 2004, - month = {January}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/FedHouseWealthv2.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/FedHouseWealthv2.pdf} -} - -@ARTICLE{Carroll2004, - author = {Carroll, Christopher D.}, - title = {Housing Wealth and Consumption Expenditure}, - journal = {Paper Prepared for Academic Consultants Meeting of Federal Reserve Board, January 2004}, - year = 2004, - note = {At {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/FedHouseWealthv2.pdf}}}, - institution = {Johns Hopkins University} -} - -@ARTICLE{carroll:macroexpectjhu, - author = {Carroll, Christopher D.}, - title = {Macroeconomic {E}xpectations of {H}ouseholds and {P}rofessional {F}orecasters}, - journal = {Johns Hopkins University Department of Economics Working Papers Number 477}, - year = 2002, - month = {December} -} - -@INCOLLECTION{carroll:richportfolios, - author = {Carroll, Christopher D.}, - title = {Portfolios of the Rich}, - booktitle = {Household Portfolios: Theory and Evidence}, - publisher = {MIT Press}, - year = 2002, - address = {Cambridge, MA}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/richportfolios.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/richportfolios.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/richportfolios.pdf} -} - -@ARTICLE{carroll:atheorynberwp, - author = {Carroll, Christopher D.}, - title = {A Theory of the Consumption Function, With and Without Liquidity Constraints (Expanded Version)}, - journal = {NBER Working Paper Number W8387}, - year = 2001, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3NBER.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3NBER.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3NBER.pdf} -} - -@ARTICLE{carroll:death, - author = {Carroll, Christopher D.}, - title = {Death to the {L}og-{L}inearized {C}onsumption {E}uler {E}quation! ({A}nd {V}ery {P}oor {H}ealth to the {S}econd-{O}rder Approximation)}, - journal = {Advances in Macroeconomics}, - year = 2001, - volume = 1, - pages = {Article 6}, - number = 1, - doi = {10.2202/1534-6013.1003} -} - -@ARTICLE{carroll:deathbepress, - author = {Carroll, Christopher D.}, - title = {Death to the Log-Linearized Consumption Euler Equation! (And Very Poor Health to the Second-Order Approximation)}, - journal = {Advances in Macroeconomics}, - year = 2001, - volume = 1, - pages = {Article 6}, - number = 1, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/death.pdf}, - url = {\url{https://www.econ2.jhu.edu/people/ccarroll/death.pdf}} -} - -@ARTICLE{carroll:mpcpermNBER, - author = {Carroll, Christopher D.}, - title = {Precautionary Saving and the Marginal Propensity to Consume Out of Permanent Income}, - journal = {NBER Working Paper Number W8233}, - year = 2001, - month = {April}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/MPCPermBigNBER.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/MPCPermBigNBER.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/MPCPermBigNBER.pdf} -} - -@INCOLLECTION{carroll:richportfoliosNBERWP, - author = {Carroll, Christopher D.}, - title = {{P}ortfolios of the {R}ich}, - booktitle = {NBER Working Paper No.\ 7826}, - year = 2001, - month = {August} -} - -@ARTICLE{carroll:RiskyHabits, - author = {Carroll, Christopher D.}, - title = {`{R}isky {H}abits' and the {M}arginal {P}ropsensity to {C}onsume {O}ut of {P}ermanent {I}ncome}, - journal = {International Economic Journal}, - year = 2000, - volume = 14, - pages = {1--41}, - number = 4, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/riskyhabits.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/riskyhabits.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/riskyhabits.pdf} -} - -@ARTICLE{carroll:RiskyHabitsNBERWP, - author = {Carroll, Christopher D.}, - title = {`{R}isky {H}abits' and the {M}arginal {P}ropsensity to {C}onsume {O}ut of {P}ermanent {I}ncome}, - journal = {NBER Working Paper No. 7839}, - year = 2000 -} - -@ARTICLE{carroll:solvinghabits, - author = {Carroll, Christopher D.}, - title = {Solving Consumption Models with Multiplicative Habits}, - journal = {Economics Letters}, - year = 2000, - volume = 68, - pages = {67--77}, - number = 1, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/HabitsEconLett.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/HabitsEconLett.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/HabitsEconLett.pdf} -} - -@ARTICLE{carroll:habitstheoryshort, - author = {Carroll, Christopher D.}, - title = {Solving Models with Multiplicative Habits}, - journal = {Manuscript, Johns Hopkins University}, - year = 1999 -} - -@ARTICLE{carroll:riskyhabitsasia, - author = {Carroll, Christopher D.}, - title = {How `{R}isky {H}abits' {C}an {E}xplain a {L}ow {M}arginal {P}ropensity to {C}onsume {D}uring {R}ecessions}, - journal = {Invited Paper for Special Issue of International Economic Journal}, - year = 1999 -} - -@MISC{carroll:macrosolve, - author = {Carroll, Christopher D.}, - title = {Sources and Methods for 'Unemployment Expectations, Jumping (S,s) Triggers, and Household Balance Sheets'}, - howpublished = {Web archive}, - year = 1998, - bdsk-url-1 = {http://nber.econ.jhu.edu:8080/People/ccarroll.html}, - url = {http://nber.econ.jhu.edu:8080/People/ccarroll.html} -} - -@ARTICLE{carroll:richsavenberwp, - author = {Carroll, Christopher D.}, - title = {{W}hy {D}o the {R}ich {S}ave {S}o {M}uch?}, - journal = {NBER Working Paper Number 6549}, - year = 1998, - month = {May} -} - -@ARTICLE{carroll:deathNBERWP, - author = {Carroll, Christopher D.}, - title = {{D}eath to the {L}og-{L}inearized {C}onsumption {E}uler {E}quation! ({A}nd {V}ery {P}oor {H}ealth to the {S}econd-{O}rder {A}pproximation)}, - journal = {NBER Working Paper No.\ 6298}, - year = 1997 -} - -@ARTICLE{carroll:bslcpihNBERWP, - author = {Carroll, Christopher D.}, - title = {Buffer-{S}tock {S}aving and the {L}ife {C}ycle/{P}ermanent {I}ncome {H}ypothesis}, - journal = {NBER Working Paper No.\ 5788}, - year = 1996, - month = {October} -} - -@ARTICLE{carroll:howdoesfuture, - author = {Carroll, Christopher D.}, - title = {How Does Future Income Affect Current Consumption?}, - journal = {The Quarterly Journal of Economics}, - year = 1994, - volume = {CIX}, - pages = {111--148}, - number = 1, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/howdoesfuture.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/howdoesfuture.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/howdoesfuture.pdf} -} - -@ARTICLE{carroll:savingdecline, - author = {Carroll, Christopher D.}, - title = {The Decline in {U}.{S}.\ Saving}, - journal = {Forum for Applied Research and Public Policy}, - year = 1993, - volume = 8, - number = 4 -} - -@PHDTHESIS{carroll:phdthesis, - author = {Carroll, Christopher D.}, - title = {Three Essays on Consumption, Income, and Saving}, - school = {MIT}, - year = 1990 -} - -@ARTICLE{carroll&dunn:moredeath, - author = {Carroll, Christopher D. and Dunn, Wendy}, - title = {Euler Equation Estimation With Aggregated Time Series Data}, - journal = {Work in Progress}, - year = 1999 -} - -@INCOLLECTION{cdSs, - author = {Carroll, Christopher D. and Dunn, Wendy E.}, - title = {Unemployment {E}xpectations, {J}umping ({S},s) {T}riggers, and {H}ousehold {B}alance {S}heets}, - booktitle = {NBER Macroeconomics Annual, 1997}, - publisher = {MIT Press}, - year = 1997, - editor = {Bernanke, Benjamin S. and Rotemberg, Julio}, - pages = {165--229}, - address = {Cambridge, MA}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/macroann.pdf}; Methodological Appendix: \url{https://www.econ2.jhu.edu/people/ccarroll/methods3.pdf}; Empirical Results and Simulation Programs: \url{https://www.econ2.jhu.edu/people/ccarroll/cdfiles.html};}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/macroann.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/macroann.pdf} -} - -@ARTICLE{carroll&dunn:methods, - author = {Carroll, Christopher D. and Dunn, Wendy E.}, - title = {Data Sources and Solution Methods for Empirical and Theoretical Results in 'Unemployment Expectations, Jumping (S,s) Triggers, and Household Balance Sheets'}, - journal = {https://www.econ2.jhu.edu/People/CCarroll/carroll.html}, - year = 1998 -} - -@ARTICLE{cdSsNBERWP, - author = {Carroll, Christopher D. and Dunn, Wendy E.}, - title = {{U}nemployment {E}xpectations, {J}umping ({S},s) {T}riggers, and {H}ousehold {B}alance {S}heets}, - journal = {NBER Working Paper No. 6081}, - year = 1997, - month = {July} -} - -@ARTICLE{cdk:balance, - author = {Carroll, Christopher D. and Dynan, Karen E. and Krane, Spencer S.}, - title = {Unemployment {R}isk and {P}recautionary {W}ealth: {E}vidence from {H}ouseholds' {B}alance {S}heets}, - journal = {Review of Economics and Statistics}, - year = 2003, - volume = 85, - number = 3, - month = {August}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf} -} - -@ARTICLE{cdk:balanceFEDS, - author = {Carroll, Christopher D. and Dynan, Karen E. and Krane, Spencer S.}, - title = {Unemployment {R}isk and {P}recautionary {W}ealth: {E}vidence from {H}ouseholds' {B}alance {S}heets}, - journal = {Finance and Economics Discussion Series Number 1999-15, Federal Reserve Board}, - year = 1999, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf} -} - -@ARTICLE{carroll&fratantoni:habits, - author = {Carroll, Christopher D. and Fratantoni, Michael}, - title = {Implications of Habit Formation for Consumption and Portfolio Choice}, - journal = {Work In Progress}, - year = 1999 -} - -@Article{cfwSentiment, - Title = {Does Consumer Sentiment Forecast Household Spending? {I}f So, Why?}, - Author = {Carroll, Christopher D. and Fuhrer, Jeffrey C. and Wilcox, David W.}, - Journal = {American Economic Review}, - Year = 1994, - Number = 5, - Pages = {1397-1408}, - Volume = 84, - Owner = {Nic Johnson}, - score = 20, -} - -@ARTICLE{cj:bufferIntl, - author = {Carroll, Christopher D. and Jeanne, Olivier}, - title = {A Tractable Model of Precautionary Reserves, Net Foreign Assets, or Soverign Wealth Funds}, - journal = {Work In Progress}, - year = {ongoing} -} - -@Article{CarrollKimballPSPW, - Title = {Precautionary Saving and Precautionary Wealth}, - Author = {Carroll, Christopher D. and Kimball, Miles S.}, - Journal = {Palgrave Dictionary of Economics and Finance, 2nd Ed.}, - Year = 2007, - Note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/PalgravePrecautionary.pdf}}, - Url = {https://www.econ2.jhu.edu/people/ccarroll/papers/PalgravePrecautionary.pdf} -} - -@ARTICLE{carroll&kimball:liquidity, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {Liquidity Constraints and Precautionary Saving}, - journal = {Manuscript, Johns Hopkins University}, - year = 2005, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/liquidRevised.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/liquidRevised.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/liquidRevised.pdf} -} - -@ARTICLE{carroll&kimball:liquidityHopkins, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {Liquidity Constraints and Precautionary Saving}, - journal = {Johns Hopkins University Working Paper Number 455}, - year = 2001, - month = {August}, - note = {\url{https://www.econ2.jhu.edu/pdf/papers/CarrollKimball2001.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/pdf/papers/CarrollKimball2001.pdf}, - url = {https://www.econ2.jhu.edu/pdf/papers/CarrollKimball2001.pdf} -} - -@ARTICLE{carroll&kimball:liquidityNBERWP, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {Liquidity {C}onstraints and {P}recautionary {S}aving}, - journal = {NBER Working Paper No. 8496}, - year = 2001 -} - -@INPROGRESS{carrollmaccini:entrepreneurs, - author = {Carroll, Christopher D. and Maccini, Louis J.}, - title = {Entrepreneurial Investment, Consumption Smoothing, and Dividends}, - year = {ongoing}, - journal = {Work in Progress}, - note = {With Louis J. Maccini} -} - -@ARTICLE{cosOzStickyC, - author = {Carroll, Christopher D. and Ossolinski, Crystal and Sla{\-}calek, Jiri}, - title = {Sticky Consumption Growth and Housing Wealth Effects: Evidence from Australia}, - journal = {Work In Progress}, - year = {ongoing} -} - -@TECHREPORT{co04, - author = {Christopher D. Carroll and Misuzu Otsuka}, - title = {Estimating the Wealth Effect on Consumption}, - institution = {Johns Hopkins University}, - year = 2004, - type = {mimeo} -} - -@TECHREPORT{cosHowLargeorig, - author = {Christopher D. Carroll and Misuzu Otsuka and Jiri Sla{\-}calek}, - title = {What Is the Wealth Effect on Consumption? A New Approach}, - institution = {Johns Hopkins University}, - year = 2006, - type = {mimeo} -} - -@ARTICLE{cow:habits, - author = {Carroll, Christopher D. and Overland, Jody R. and Weil, David N.}, - title = {Saving and {G}rowth with {H}abit {F}ormation}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {341--355}, - number = 3, - month = {June}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/AERHabits.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/AERHabits.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/AERHabits.pdf} -} - -@ARTICLE{cow00, - author = {Christopher D. Carroll and Jody R. Overland and David N. Weil}, - title = {Saving and Growth with Habit Formation}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {341--55}, - number = 3 -} - -@ARTICLE{cow:envy, - author = {Carroll, Christopher D. and Overland, Jody R. and Weil, David N.}, - title = {Comparison Utility in a Growth Model}, - journal = {Journal of Economic Growth}, - year = 1997, - volume = 2, - pages = {339--367}, - number = 4, - month = {December}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/compare.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/compare.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/compare.pdf} -} - -@ARTICLE{cow:habitsfuhrercite, - author = {Carroll, Christopher D. and Overland, Jody R. and Weil, David N.}, - title = {Saving and Growth with Habit Formation}, - journal = {FEDS Working Paper \# 95-42}, - year = 1995 -} - -@ARTICLE{crr:census, - author = {Carroll, Christopher D. and Rhee, Changyong and Rhee, Byungkun}, - title = {Does {C}ultural {O}rigin {A}ffect {S}aving {B}ehavior? {E}vidence from {I}mmigrants}, - journal = {Economic Development and Cultural Change}, - year = 1999, - volume = 48, - pages = {33--50}, - number = 1, - month = {October}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/censave.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/censave.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/censave.pdf} -} - -@ARTICLE{crr:censusNBERWP, - author = {Carroll, Christopher D. and Rhee, Changyong and Rhee, Byungkun}, - title = {Does {C}ultural {O}rigin {A}ffect {S}aving {B}ehavior? {E}vidence from {I}mmigrants}, - journal = {NBER Working Paper No. 6568}, - year = 1998, - month = {May} -} - -@ARTICLE{crr:culture, - author = {Carroll, Christopher D. and Rhee, Changyong and Rhee, Byungkun}, - title = {Are {T}here {C}ultural {E}ffects on {S}aving? {S}ome {C}ross-{S}ectional {E}vidence}, - journal = {The Quarterly Journal of Economics}, - year = 1994, - volume = {CIX}, - pages = {685--700}, - number = 3, - month = {August}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/crr-culture-qje.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/crr-culture-qje.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/crr-culture-qje.pdf} -} - -@ARTICLE{carroll&samwick:howbig, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {{H}ow {I}mportant {I}s {P}recautionary {S}aving?}, - journal = {Review of Economics and Statistics}, - year = 1998, - volume = 80, - pages = {410--419}, - number = 3, - month = {August}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/howbig.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/howbig.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/howbig.pdf} -} - -@ARTICLE{carroll&samwick:howbigNBERWP, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {{H}ow {I}mportant {I}s {P}recautionary {S}aving?}, - journal = {NBER Working Paper No. 5194}, - year = 1995, - month = {July} -} - -@ARTICLE{carroll&samwick:natureNBERWP, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The {N}ature of {P}recautionary {W}ealth}, - journal = {NBER Working Paper No. 5193}, - year = 1995, - month = {July} -} - -@ARTICLE{carroll&samwick:naturewp, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The Nature of Precautionary Wealth}, - journal = {Manuscript, The Johns Hopkins University}, - year = 1995 -} - -@TECHREPORT{cs:stickyExp, - author = {Christopher D. Carroll and Jiri Sla{\-}calek}, - title = {Sticky Expectations and Consumption Dynamics}, - institution = {Johns Hopkins University}, - year = 2006, - type = {mimeo} -} - -@ARTICLE{cosHousing, - author = {Carroll, Christopher D. and Sla{\-}calek, Jiri and Otsuka, Misuzu}, - title = {How Large Is the Housing Wealth Effect? A New Approach}, - journal = {NBER Working Paper Number 12746}, - year = 2006, - month = {December}, - note = {\url{http://www.nber.org/papers/w12746}}, - bdsk-url-1 = {http://www.nber.org/papers/w12746}, - url = {http://www.nber.org/papers/w12746} -} - -@TECHREPORT{css:epid2, - author = {Christopher D. Carroll and Jiri Sla{\-}calek and Martin Sommer}, - title = {International Evidence on Sticky Consumption Dynamics}, - institution = {Johns Hopkins University}, - year = {in progress}, - type = {mimeo} -} - -@ARTICLE{cssUSSaving, - author = {Carroll, Christopher D. and Jiri Sla{\-}calek and Martin Sommer}, - title = {Dissecting Saving Dynamics: Measuring Wealth, Precautionary, and Credit Effects}, - journal = {\href{https://www.econ2.jhu.edu/people/ccarroll/papers/cssUSSaving/}{Manuscript, Johns Hopkins University}}, - year = 2019, -} - -@TECHREPORT{css:epid, - author = {Christopher D. Carroll and Jiri Sla{\-}calek and Martin Sommer}, - title = {The Epidemiology of Consumption}, - institution = {Johns Hopkins University}, - year = 2005, - type = {mimeo} -} - -@TECHREPORT{carroll&slacalek&tokuoka:stickyex, - author = {Carroll, Christopher D. and Sla{\-}calek, Jiri and Tokuoka, Kiichi}, - title = {Sticky Expectations and Consumption Dynamics}, - year = {in progress}, - journal = {Manuscript} -} - -@TECHREPORT{cstMPC, - author = {Christopher D. Carroll and Jiri Sla{\-}calek and Kiichi Tokuoka}, - title = {The Dis{\-}tri{\-}bu{\-}tion of Wealth and the Marginal Propensity to Consume}, - institution = {Johns Hopkins University}, - year = 2013, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/papers/cstMPC}}, -} - -@article{cstMPCxc, - title = {The Dis{\-}tri{\-}bu{\-}tion of Wealth and the MPC: Implications of New European Data}, - author = {Carroll, Christopher D. and Sla{\-}calek, Jiri and Tokuoka, Kiichi}, - journal = {The American Economic Review}, - volume = 104, - number = 5, - pages = {107--111}, - year = 2014, - publisher = {American Economic Association}, - note = {At \href{https://www.econ2.jhu.edu/people/ccarroll/papers/cstMPCxc}{\texttt{https://www.econ2.jhu.edu/people/ccarroll/papers/cstMPCxc}}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/cstMPCxc} -} - -@TECHREPORT{cst:BSinKSmanuscript, - author = {Christopher D. Carroll and Jiri Sla{\-}calek and Kiichi Tokuoka}, - title = {Digestible Microfoundations: Buffer-Stock Saving in a Krussel--Smith World}, - institution = {Johns Hopkins University}, - year = 2011, - type = {mimeo} -} - -@ARTICLE{carroll&sommer:epidemiology, - author = {Carroll, Christopher D. and Sommer, Martin}, - title = {Dynamics of Aggregate Consumption in an Epidemiological Model}, - journal = {Manuscript, Johns Hopkins University}, - year = 2004 -} - -@Incollection{sswNAIRU, - author = {Staiger, Douglas and James H. Stock and Mark W. Watson}, - title = {Prices Wages and the US NAIRU in the 1990s}, - year = 2001, - booktitle = {The Roaring Nineties: Can Full Employment Be Sustained?}, - editor = {Alan B. Krueger and Robert Solow}, - publication = {type}, - publisher = {The Russell Sage Foundation and Century Press}, - address = {New York} -} - -@ARTICLE{cssIntlStickyC, - author = {Carroll, Christopher D. and Sommer, Martin and Sla{\-}calek, Jiri}, - title = {International Evidence on Sticky Consumption Growth}, - journal = {Review of Economics and Statistics}, - year = 2011, - volume = 93, - pages = {1135--1145}, - number = 4, - month = {October}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cssIntlStickyC/}}, - URL = { https://doi.org/10.1162/REST_a_00122}, - abstract = {This paper estimates the degree of stickiness in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness parameter of about 0.7 on average across countries. The sticky consumption growth model outperforms the random walk model of Hall (1978) and typically fits the data better than the popular Mankiw (1989) model, though in a few countries, the sticky consumption growth and Campbell-Mankiw models work about equally well. }, - doi = {10.1162/REST\_a\_00122}, - eprint = { https://doi.org/10.1162/REST_a_00122 } -} - -@ARTICLE{cssIntlStickyCJHU, - author = {Carroll, Christopher D. and Sommer, Martin and Sla{\-}calek, Jiri}, - title = {International Evidence on Sticky Consumption Growth}, - journal = {Johns Hopkins University Working Paper Number 542}, - year = 2008, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cssIntlStickyC/}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/cssIntlStickyC.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/cssIntlStickyC.pdf} -} - -@InCollection{carroll&summers:cparallelsy, - Title = {Consumption Growth Parallels Income Growth: Some New Evidence}, - Author = {Carroll, Christopher D. and Summers, Lawrence H.}, - Booktitle = {National Saving and Economic Performance}, - Publisher = {Chicago University Press}, - Year = 1991, - Address = {Chicago}, - Editor = {{B.~Douglas Bernheim} and {John B. Shoven}}, - Note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/CParallelsY.pdf}}, - Owner = {Nic Johnson}, - Url = {https://www.econ2.jhu.edu/people/ccarroll/papers/CParallelsY.pdf} -} - -@ARTICLE{carroll&summers:jme, - author = {Carroll, Christopher D. and Summers, Lawrence H.}, - title = {Why Have Private Saving Rates in the US and Canada Diverged?}, - journal = {Journal of Monetary Economics}, - year = 1987, - volume = 20, - pages = {249--279}, - number = 2, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/CarrollSummersJME.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/CarrollSummersJME.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/CarrollSummersJME.pdf} -} - -@INPROGRESS{BSSinDGE, - author = {Carroll, Christopher D. and Tokuoka, Kiichi}, - title = {JEDC Project on Benchmark Solutions to Heterogeneous Agents Models}, - year = {Expected publication in {\it Journal of Economic Dynamics and Control}, - 2009}, - journal = {Buffer Stock Saving in Krusell-Smith General Equilibrium}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/BSSinDGE}, - url = {https://www.econ2.jhu.edu/people/ccarroll/BSSinDGE} -} - -@ARTICLE{ctJEDC, - author = {Carroll, Christopher D. and Tokuoka, Kiichi}, - title = {Buffer Stock Saving In Rational Expectations General Equilibrium}, - journal = {Journal of Economic Dynamics and Control}, - year = 2009 -} - -@ARTICLE{carroll&vermulen:precautionarymultiplier, - author = {Carroll, Christopher D. and Vermulen, Koen}, - title = {The Precautionary Multiplier}, - journal = {Work in Progress}, - year = {2000-present} -} - -@ARTICLE{carroll&weil:habits, - author = {Carroll, Christopher D. and Weil, David N.}, - title = {Habits and Saving: Theory and Evidence}, - journal = {Work in Progress}, - year = 1997 -} - -@ARTICLE{carroll&weil:crcs, - author = {Carroll, Christopher D. and Weil, David N.}, - title = {Saving and {G}rowth: {A} {R}einterpretation}, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = 1994, - volume = 40, - pages = {133--192}, - month = {June}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/CarrollWeilSavingAndGrowth.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/CarrollWeilSavingAndGrowth.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/CarrollWeilSavingAndGrowth.pdf} -} - -@ARTICLE{carroll&weil:crcsNBERWP, - author = {Carroll, Christopher D. and Weil, David N.}, - title = {Saving and {G}rowth: {A} {R}einterpretation}, - journal = {NBER Working Paper No. 4470}, - year = 1993, - month = {September} -} - -@TECHREPORT{cqsUpdate, - author = {Case, Karl E. and Quigley, John M. and Shiller, Robert J.}, - title = {Wealth Effects Revisited 1978-2009}, - institution = {Cowles Foundaion for Reserch in Economics, Yale University}, - year = 2011, - type = {Cowles Foudation Discussion Paper}, - number = 1784, - month = {February} -} - -@ARTICLE{cqs05, - author = {Karl E. Case and John M. Quigley and Robert J. Shiller}, - title = {Comparing Wealth Effects: The Stock Market Versus the Housing Market}, - journal = {Advances in Macroeconomics}, - year = 2005, - volume = 5, - pages = {1--32}, - number = 1 -} - -@ARTICLE{cqs:housing, - author = {Case, Karl E. and Quigley, John M. and Shiller, Robert J.}, - title = {Home-buyers, Housing and the Macroeconomy}, - journal = {Reserve Bank of Australia Conference on Asset Prices and Monetary Policy Papers}, - year = 2003 -} - -@ARTICLE{cqs:wealtheffects, - author = {Case, Karl E. and Quigley, John M. and Shiller, Robert J.}, - title = {Comparing Wealth Effects: The Stock Market Versus the Housing Market}, - journal = {Institute of Business and Economic Research Working Paper No. W01-004}, - year = 2003, - month = {May} -} - -@TECHREPORT{cqs01, - author = {Karl E. Case and John M. Quigley and Robert J. Shiller}, - title = {Comparing Wealth Effects: The Stock Market Versus the Housing Market}, - institution = {NBER}, - year = 2001, - type = {working paper} -} - -@ARTICLE{cs03, - author = {Karl E. Case and Robert J. Shiller}, - title = {Is There a Bubble in the Housing Market? An Analysis}, - journal = {Brookings Papers on Economic Activity}, - year = 2003, - volume = 2003, - pages = {299--342}, - number = 2 -} - -@INCOLLECTION{csCPIReq, - author = {Casey, William and Sara Stanley}, - title = {Consumer Price Index Requirements of the Consumer Expenditure Surveys}, - booktitle = {Forthcoming in {\it Improving the Measurement of Household Expenditures}}, - publisher = {Chicago: University of Chicago Press}, - year = 2013, - editors = {Christopher Carroll, Thomas Crossley, and John Sabelhaus} -} - -@ARTICLE{cass:growth, - author = {Cass, David}, - title = {Optimum growth in an aggregative model of capital accumulation}, - journal = {Review of Economic Studies}, - year = 1965, - volume = 32, - pages = {233--240} -} - -@TECHREPORT{cal96, - author = {Cassou, Steven P. and Lansing, Kevin J.}, - title = {Growth Effects of a Flat Tax}, - institution = {Federal Reserve Bank of Cleveland}, - year = 1996, - type = {working paper}, - number = 9615 -} - -@ARTICLE{castaneda, - author = {Castaneda, Ana and Diaz-Gimenez, Javier and Rios-Rull, Jose-Victor}, - title = {Accounting for the U.S.\ Earnings and Wealth Inequality}, - journal = {Journal of Political Economy}, - year = 2003, - volume = 111, - pages = {818--857}, - number = 4, - month = {August} -} - -@TECHREPORT{cgp04, - author = {Catte, Pietro and Girouard, Nathalie and Price, Robert and Andre, Christophe}, - title = {Housing Market, Wealth and the Business Cycle}, - institution = {OECD}, - year = 2004, - type = {working paper}, - number = 17 -} - -@ARTICLE{ces:nearly, - author = {Cavanagh, Christopher L. and Elliott, Graham and Stock, James H.}, - title = {Inference in Models with Nearly Integrated Regressors}, - journal = {Econometric Theory}, - year = 1995, - volume = 11, - pages = {1131--1147}, - number = 5 -} - -@TECHREPORT{cd04, - author = {Steven Cechetti and Guy Debelle}, - title = {Has the Inflation Process Changed?}, - institution = {Brandeis University}, - year = 2004, - type = {mimeo} -} - -@TECHREPORT{challe&ragot:precautionaryS, - author = {Edouard Challe and Xavier Ragot}, - title = {Precautionary Saving over the Business Cycle}, - institution = {Paris School of Economics}, - year = 2012, - type = {mimeo} -} - -@INCOLLECTION{chamberlain:paneldata, - author = {Chamberlain, Gary}, - title = {Panel Data}, - booktitle = {Handbook of Econometrics}, - publisher = {North-Holland}, - year = 1984, - editor = {Griliches, Zvi and Intriligator, Michael}, - address = {Amsterdam} -} - -@ARTICLE{cwcUnderUncert, - author = {Chamberlain, Gary and Wilson, Charles A.}, - title = {Optimal Intertemporal Consumption Under Uncertainty}, - journal = {Review of Economic Dynamics}, - year = 2000, - volume = 3, - pages = {365--395}, - number = 3 -} - -@ARTICLE{cw:cUnderUncert, - author = {Chamberlain, Gary and Wilson, Charles A.}, - title = {Optimal Intertemporal Consumption Under Uncertainty}, - journal = {Review of Economic Dynamics}, - year = 2000, - volume = 3, - pages = {365--395}, - number = 3 -} - -@TECHREPORT{clpChinaSaving, - author = {Chamon, Marcos and Liu, Kai and Prasad, Eswar S.}, - title = {Income Uncertainty and Household Savings in China}, - institution = {National Bureau of Economic Research}, - year = 2010, - journal = {NBER Working Paper No.\ 16565} -} - -@ARTICLE{cpChina, - author = {Chamon, Marcus D. and Prasad, Eswar S.}, - title = {Why Are Saving Rates of Urban Households in China Rising?}, - journal = {American Economic Journal: Macroeconomics}, - year = 2010, - volume = 2, - pages = {93--130}, - number = 1, - note = {Available at \url{https://www.aeaweb.org/articles.php?doi=10.1257/mac.2.1.93}}, - bdsk-file-1 = {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}, - date-modified ={2011-10-14 10:57:33 -0400}, - issn = {1945-7707}, - publisher = {American Economic Association} -} - -@MISC{cck:opttax, - author = {Chari, V.~V., Laurence J. Christiano and Kehoe, Patrick J.}, - title = {Dynamic {R}amsey Taxation in a Stochastic Growth Model}, - howpublished = {Working Paper}, - year = 1990 -} - -@ARTICLE{cckDevil, - author = {Chari, V.~V. and Christiano, Lawrence and Kehoe, Patrick}, - title = {Facts and Myths About the Financial Crisis of 2008}, - journal = {Federal Reserve Bank of Minneapolis Working Paper Number 666}, - year = 2008, - month = {October} -} - -@comment{chariKehoeMcGrattan:critiqueOld} - -@TECHREPORT{ckmCritique, - author = {V. V. Chari and Patrick J. Kehoe and Ellen R. McGrattan}, - title = {A Critique of Structural VARs Using Real Business Cycle Theory}, - institution = {Federal Reserve Bank of Minneapolis}, - year = 2005, - type = {working paper}, - number = 631 -} - -@TECHREPORT{ch95, - author = {Robert S. Chase}, - title = {Women's Labor Force Participation during and after {C}ommunism: {A} Study of the {C}zech {R}epublic and {S}lovakia}, - institution = {Economic Growth Center, Yale University}, - year = 1995, - type = {discussion paper}, - number = 768 -} - -@ARTICLE{chen&white:nonparametric, - author = {Chen, Xiaohong and White, Halbert}, - title = {Nonparametric Adaptive Learning with Feedback}, - journal = {Journal of Economic Theory}, - year = 1998, - volume = 82, - pages = {190--222} -} - -@TECHREPORT{chetty:commit, - author = {Chetty, Raj}, - title = {Consumption Commitments, Unemployment Durations, and Local Risk Aversion}, - institution = {National Bureau of Economic Research, Inc}, - year = 2004, - month = jan -} - -@ARTICLE{cflnoCrowdout, - author = {Raj Chetty and John N. Friedman and Soren Leth-Petersen and Torben Heien Nielsen and Tore Olsen}, - title = {Active Vs. Passive Decisions And Crowd-Out In Retirement Savings Accounts: Evidence From Denmark}, - journal = {Manuscript, Harvard University}, - year = 2012, - month = {December}, - note = {\url{http://obs.rc.fas.harvard.edu/chetty/crowdout.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cflnoCrowdout.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cflnoCrowdout.pdf:PDF}, - url = {http://obs.rc.fas.harvard.edu/chetty/crowdout.pdf} -} - -@TECHREPORT{chettySzeidlHabits, - author = {Raj Chetty and Adam Szeidl}, - title = {Consumption Commitments: Neoclassical Foundations for Habit Formation}, - institution = {University of California, Berkeley}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{szeidl&chetty:commitments, - author = {Chetty, Raj and Szeidl, Adam}, - title = {Consumption Commitments and Asset Prices}, - journal = {Manuscript, Harvard University}, - year = 2003 -} - -@TECHREPORT{ceiForensic, - author = {Menzie D. Chinn and Barry Eichengreen and Hiro Ito}, - title = {A Forensic Analysis of Global Imbalances}, - institution = {National Bureau of Economic Research}, - year = 2011, - type = {Working Paper}, - number = 17513, - month = {October}, - abstract = {We examine whether the behavior of current account balances changed in the years preceding the global crisis of 2008-09, and assess the prospects for global imbalances in the post-crisis period. Changes in the budget balance are an important factor affecting current account balances for deficit countries such as the U.S. and the U.K. The effect of the “saving glut variables” on current account balances has been relatively stable for emerging market countries, suggesting that those factors cannot explain the bulk of their recent current account movements. We also find the 2006-08 period to constitute a structural break for emerging market countries, and to a lesser extent, for industrialized countries. We attribute the anomalous behavior of pre-crisis current account balances to stock market performance and real housing appreciation; fiscal procyclicality and the stance of monetary policy do not matter as much. Household leverage also appears to explain some of the standard model’s prediction errors. Looking forward, U.S., fiscal consolidation alone cannot induce significant deficit reduction. For China, financial development might help shrink its current account surplus, but only when it is coupled with financial liberalization. These findings suggest that unless countries implement substantially more policy change, global imbalances are unlikely to disappear.}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ceiForensic.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ceiForensic.pdf:PDF}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w17513} -} - -@ARTICLE{cpCAPI, - author = {Cho, Moon J. and Carolyn M. Pickering}, - title = {Effect of Computer-Assisted Personal Interviews in the U.S.}, - journal = {Manuscript, Bureau of Labor Statistics}, - year = 2006, - note = {\url{http://www.bls.gov/osmr/pdf/st060200.pdf}}, - file = {cpCAPI.pdf:cpCAPI.pdf:PDF}, - url = {http://www.bls.gov/osmr/pdf/st060200.pdf} -} - -@ARTICLE{christiano:lq, - author = {Christiano, Lawrence~J.}, - title = {Solving the Stochastic Growth Model by Linear Quadratic Approximation and by Value-Function Iteration}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {23--26}, - number = 1 -} - -@ARTICLE{CEM, - author = {Christiano, Lawrence J. and Eichenbaum, Martin and Marshall, David}, - title = {The permanent Income Hypothesis Revisited}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {397--423}, - number = 2, - month = {Mar.}, - file = {:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/#F#:Djvu} -} - -@ARTICLE{cee:habits, - author = {Christiano, Laurence J. and Eichenbaum, Martin and Evans, Charles L.}, - title = {Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy}, - journal = {Journal of Political Economy}, - year = 2005, - volume = 113, - pages = {1--45}, - number = 1, - month = {February} -} - -@MISC{christiano&eichenbaum:rbc, - author = {{Christiano, Lawrence J.} and {Martin Eichenbaum}}, - title = {Current Real Business Cycle Theories and Aggregate Labor Market Fluctuations}, - howpublished = {Institute for Empirical Economics Discussion Paper 24, Federal Reserve Bank of Minneapolis and University of Minnesota}, - year = 1990 -} - -@ARTICLE{Ciccone:2002, - author = {Ciccone, Antonio}, - title = {Agglomeration effects in Europe}, - journal = {European Economic Review}, - year = 2002, - volume = 46, - pages = {213--227}, - number = 2, - month = {February} -} - -@ARTICLE{CicconeHall:1996, - author = {Ciccone, Antonio and Hall, Robert E.}, - title = {Productivity and the Density of Economic Activity}, - journal = {The American Economic Review}, - year = 1996, - volume = 86, - pages = {54--70}, - number = 1, - month = {March} -} - -@ARTICLE{claridaMeaCulpa, - author = {Clarida, Richard H}, - title = {What Has—and Has Not—Been Learned about Monetary Policy in a Low-Inflation Environment? A Review of the 2000s}, - journal = {Journal of Money, Credit and Banking}, - year = 2012, - volume = 44, - pages = {123--140}, - number = {s1}, - publisher = {Wiley Online Library} -} - -@ARTICLE{Clark/Wincoop:2001, - author = {Clark, Todd E. and van Wincoop, Eric}, - title = {Borders and Business Cycles}, - journal = {Journal of International Economics}, - year = 2001, - volume = 55, - pages = {59--85} -} - -@ARTICLE{cgm:lcportfolio, - author = {Cocco, Joao and Gomes, Francisco J. and Maenhout, Pascal J.}, - title = {Consumption and Portfolio Choice Over the Life Cycle}, - journal = {Manuscript, Harvard University}, - year = 1998 -} - -@ARTICLE{cochrane:uncertainfacts, - author = {Cochrane, John H.}, - title = {Where Is the Market Going? Uncertain Facts and Novel Theories}, - journal = {NBER Working Paper Number 6207}, - year = 1998 -} - -@ARTICLE{cochrane:permgnp, - author = {Cochrane, John H.}, - title = {Permanent and Transitory Components of GNP and Stock Prices}, - journal = {Quarterly Journal of Economics}, - year = 1994, - volume = 109, - pages = {241--265}, - number = 1 -} - -@ARTICLE{cochrane:nearrational, - author = {Cochrane, John H.}, - title = {The Sensitivity of Tests of the Intertemporal Allocation of Consumption to Near-Rational Alternatives}, - journal = {American Economic Review}, - year = 1991, - volume = 79, - pages = {319--37} -} - -@ARTICLE{cochrane:simpletest, - author = {Cochrane, John H.}, - title = {A Simple Test of Consumption Insurance}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {957--76} -} - -@ARTICLE{chk:ussav, - author = {Cohen, Darrel and Hassett, Kevin and Kennedy, James}, - title = {Are U.S. Investment and Capital Stocks at Optimal Levels?}, - journal = {Finance and Economics Discussion Series Paper 95-32}, - year = 1995 -} - -@ARTICLE{laibsonNeuro, - author = {Cohen, Jonathan D. and Laibson, David and Loewenstein, George and McClure, Samuel M.}, - title = {Separate Neural Systems Value Immediate and Delayed Monetary Rewards}, - journal = {Science}, - year = 2004, - volume = 306, - month = {October} -} - -@ARTICLE{coi06, - author = {Olivier Coibion}, - title = {Inflation Inertia in Sticky Information Models}, - journal = {Contributions to Macroeconomics}, - year = 2006, - volume = 6, - pages = {1--29}, - number = 1, - note = {http://www.bepress.com/bejm/contributions/vol6/iss1/art1} -} - -@ARTICLE{cmp:socialnorms, - author = {Cole, Harold L. and Mailath, George J. and Postlewaite, Andrew}, - title = {Social Norms, Savings Behavior, and Growth}, - journal = {Journal of Political Economy}, - year = 1992, - volume = 100, - pages = {1092--125}, - number = 6 -} - -@ARTICLE{coleman:alg, - author = {Coleman, Wilbur~J.}, - title = {Solving the Stochastic Growth Model by Policy-Function Iteration}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {27--31}, - number = 1 -} - -@MISC{coleman:algorig, - author = {Coleman, W.~J.}, - title = {An Algorithm to Solve Dynamic Models}, - howpublished = {Board of Governors of the Federal Reserve System International Finance Discussion Papers Number~351}, - year = 1989 -} - -@ARTICLE{ssfReport, - author = {Stiglitz, Joseph E. and Sen, Amartya and Fitoussi, J.P.}, - title = {Report By The Commission On The Measurement Of Economic Performance And Social Progress}, - journal = {The Commission}, - year = 2009 -} - -@TECHREPORT{cboIncomeShares, - author = {{Congressional Budget Office}}, - title = {Trends in the Distribution of Household Income Between 1979 and 2007}, - institution = {CBO}, - year = 2011, - month = {October}, - note = {\url{http://www.cbo.gov/sites/default/files/cbofiles/attachments/10-25-HouseholdIncome.pdf}}, - url = {http://www.cbo.gov/sites/default/files/cbofiles/attachments/10-25-HouseholdIncome.pdf} -} - -@ARTICLE{constantinidesHabits, - author = {George M. Constantinides}, - title = {Habit Formation: A Resolution of the Equity Premium Puzzle}, - journal = {Journal of Political Economy}, - year = 1990, - volume = 98, - pages = {519--543}, - number = 3, - month = {June} -} - -@ARTICLE{cdm:junior, - author = {Constantinidies, George M. and Donaldson, John B. and Mehra, Rajnish}, - title = {Junior Can't Borrow: A New Perspective on the Equity Premium Puzzle}, - journal = {NBER Working Paper No.\ 6617}, - year = 1998 -} - -@PHDTHESIS{corneliImbalances, - author = {Corneli, Flavia}, - title = {Global Imbalances: Saving and Investment Imbalances}, - school = {European University Institute}, - year = 2011 -} - -@ARTICLE{CoulibalyLiMortgage, - author = {Coulibaly, Brahima and Li, Geng}, - title = {Do Homeowners Increase Consumption after the Last Mortgage Payment? An Alternative Test of the Permanent Income Hypothesis}, - journal = {The Review of Economics and Statistics}, - year = 2006, - volume = 88, - pages = {10--19}, - number = 1, - month = {February}, - bdsk-url-1 = {http://www.ingentaconnect.com/content/mitpress/restat/2006/2000000088/00000001/art00002}, - bdsk-url-2 = {http://dx.doi.org/10.1162/003465306775565693}, - doi = {doi: 10.1162/003465306775565693}, - issn = {0034-6535}, - publisher = {MIT Press}, - url = {http://www.ingentaconnect.com/content/mitpress/restat/2006/ 00000088/00000001/art00002} -} - -@INBOOK{ceaSaving, - chapter = 4, - title = {The Economic Report of the President, 2010}, - publisher = {Government Printing Office}, - year = 2010, - author = {{Council~of~Economic~Advisers}} -} - -@TECHREPORT{csSavingGenes, - author = {Cronqvist, Henrik and Siegel, Stephan}, - title = {The Origins of Savings Behavior}, - institution = {Institute for Financial Research}, - year = 2010, - type = {SIFR Research Report Series}, - number = 73, - abstract = {What are the origins of individual savings behavior? Using data on identical and fraternal twins matched with data on their savings behavior, we find that an individual's savings propensity is governed by both genetic predispositions, social transmission from parents to their children, and gene-environment interplay where certain environments moderate genetic influences. Genetic variation explains about 35 percent of the variation in savings rates across individuals, and this genetic effect is stronger in less constraining, high socioeconomic status environments. Parent-child transmission influences savings for young individuals and those who grew up in a family environment with less competition for parental resources. Individual-specific life experiences is a very important explanation for behavior in the savings domain, and strongest in urban communities. In a world progressing rapidly towards individual retirement savings autonomy, understanding the origins of individuals' savings behavior are of key importance to economists as well as policy makers.}, - bdsk-url-1 = {http://econpapers.repec.org/RePEc:hhs:sifrwp:0073}, - keywords = {Savings; Consumption; Behavioral Genetics}, - url = {http://econpapers.repec.org/RePEc:hhs:sifrwp:0073} -} - -@ARTICLE{croushore:evaluating, - author = {Croushore, Dean}, - title = {Evaluating Inflation Forecasts}, - journal = {Manuscript, Federal Reserve Bank of Philadelphia}, - year = 2001 -} - -@ARTICLE{croushore:spfisgood, - author = {Croushore, Dean}, - title = {Evaluating Inflation Forecasts}, - journal = {Federal Reserve Bank of Philadelphia Working Paper Number 98-14}, - year = 1998 -} - -@ARTICLE{Crucini:1999, - author = {Crucini, Mario J.}, - title = {On international and national dimensions of risk sharing}, - journal = {The Review of Economics and Statistics}, - year = 1999, - volume = 81, - pages = {73--84}, - number = 1, - month = {Feb.} -} - -@ARTICLE{chh:reconsider, - author = {Cummins, Jason G. and Hassett, Kevin A. and Hubbard, R. Glenn}, - title = {A Reconsideration of Investment Behavior Using Tax Reforms as Natural Experiments}, - journal = {Brookings Papers on Economic Activity}, - year = 1994, - volume = 2, - pages = {1--59}, - note = {Available at { \url{http://ideas.repec.org/p/nbr/nberre/1946.html}}} -} - -@ARTICLE{curtin:inflsurvart, - author = {Curtin, Richard T.}, - title = {Procedure to Estimate Price Expectations}, - journal = {Manuscript, University of Michigan Survey Research Center}, - year = 1996 -} - -@ARTICLE{Curtinetal:1989, - author = {Curtin, Richard T. and Juster, F. Thomas and Morgan, James N.}, - title = {Survey Estimates of Wealth: An Assessment of Quality}, - journal = {The Measurement of Saving, Investment and Wealth}, - year = 1989, - volume = 52, - pages = {473--548}, - publisher = {National Bureau of Economic Research}, - series = {Studies in Income and Wealth} -} - -@ARTICLE{cutleretc:brookings, - author = {Cutler, David M. and Poterba, James M. and Sheiner, Louise M. and Summers, Lawrence H.}, - title = {An Aging Society: Opportunity or Challenge?}, - journal = {Brookings Papers on Economic Activity, 1990:2}, - year = 1990 -} - -@ARTICLE{cfInequality, - author = {Barry Z. Cynamon and Steven M. Fazzari}, - title = {Inequality and Household Finance During the Consumer Age}, - journal = {Working Paper, Washington University in St Louis}, - year = 2013, - month = {January} -} - -@ARTICLE{softCarp, - author = {D.A. Aruliah, C. Titus Brown, Neil P. Chue Hong, Matt Davis, Richard T. Guy, Steven H.D. Haddock, Katy Huff, Ian Mitchell, Mark Plumbley, Ben Waugh, Ethan P. White, Greg Wilson, and Paul Wilson}, - title = {Best Practices for Scientific Computing}, - journal = {The Intertubes}, - year = 2012, - url = {http://software-carpentry.org/blog/2012/10/best-practices-for-scientific-computing.html} -} - -@ARTICLE{ddfs08, - author = {D{\"}opke, J{\"}org and Dovern, Jonas and Fritsche, Ulrich and Sla{\-}calek, Jiri}, - title = {The Dynamics of European Inflation Expectations}, - journal = {The B.E. Journal of Macroeconomics (Topics)}, - year = 2008, - volume = 8, - pages = {Article 12}, - number = 37 -} - -@TECHREPORT{ddfs05, - author = {D{\"}opke, J{\"}org and Dovern, Jonas and Fritsche, Ulrich and Sla{\-}calek, Jiri}, - title = {European Inflation Expectation Dynamics}, - institution = {Deutsche Bundesbank}, - year = 2005, - type = {Deutsche Bundesbank discussion paper}, - number = 37 -} - -@ARTICLE{dardanoni:crosssection, - author = {Dardanoni, Valentino}, - title = {Precautionary Savings Under Income Uncertainty: A Cross-Section Analysis}, - journal = {Applied Economics}, - year = 1991, - volume = 23, - pages = {153--160} -} - -@TECHREPORT{dav01, - author = {Melissa Davey}, - title = {Mortgage Equity Withdrawal and Consumption}, - institution = {{Bank of England, 100--103}}, - year = 2001, - type = {Quarterly Bulletin: Spring}, - pages = {100--103} -} - -@ARTICLE{dhsyECM, - author = {DAVIDSON, J. E. H. and HENDRY, DAVID F. and SRBA, FRANK and YEO, STEVEN}, - title = {Econometric Modeling of the Aggregate Time-series Relationship Between Consumer's Expenditure and Income in the United Kingdom}, - journal = {Economic Journal}, - year = 1978, - volume = 88, - pages = {661--692} -} - -@TECHREPORT{davisMartinHousing, - author = {Morris A. Davis and Robert F. Martin}, - title = {Housing, House Prices, and the Equity Premium Puzzle}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2005, - type = {Finance and Economics Discussion Series}, - number = 13 -} - -@TECHREPORT{dp01, - author = {Morris A. Davis and Michael G. Palumbo}, - title = {A Primer on the Economics and Time Series Econometrics of Wealth Effects}, - institution = {Federal Reserve Board}, - year = 2001, - type = {FEDS working paper}, - number = 9 -} - -@TECHREPORT{davis&heathcote:landprices, - author = {Morris Davis and Jonathan Heathcote}, - title = {The Price and Quantity of Residential Land in the United States}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2004, - type = {manuscript} -} - -@ARTICLE{davis&palumbo:wealtheffects, - author = {Davis, Morris and Palumbo, Michael}, - title = {A Primer on the Economics and Time Series Econometrics of Wealth Effects}, - journal = {Federal Reserve Board Finance and Economics Discussion Papers 2001-09}, - year = 2001 -} - -@MISC{DavisPalumbo:2001, - author = {Davis, Morris and Palumbo, Michael G.}, - title = {Does Stock Market Wealth Matter for Consumption?}, - howpublished = {Finance and Economics Discussion Series 2001-23. Washington: Board of Governors of the Federal Reserve System}, - year = 2001, - source = {Washington: Board of Governors of the Federal Reserve System} -} - -@ARTICLE{dnKuznets, - author = {Deacon, Robert T. and Norman, Catherine S.}, - title = {Does the Environmental Kuznets Curve Describe How Individual Countries Behave?}, - journal = {Land Economics}, - year = 2006, - volume = 82, - pages = {pp.291--315}, - number = 2, - abstract = {We examine within-country time series data on income and concentrations of SO2, smoke, and particulates to see if the shapes of pollution-income relationships in individual countries agree qualitatively with predictions of the environmental Kuznets curve. The shapes of these relationships are determined non-parametrically for individual countries using recently available data on air pollution concentrations. For smoke and particulates, the shapes of within-country, pollution-income patterns do not agree with the EKC hypothesis more often than chance would dictate. For SO2, which generally exhibits EKC-consistent pollution-income relationships among wealthier countries, the observed patterns are also consistent with a simpler hypothesis.}, - copyright = {Copyright (c) 2006 The Board of Regents of the University of Wisconsin System}, - doi = {10.3368/le.82.2.291}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dnKuznets.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dnKuznets.pdf:PDF}, - issn = 00237639, - jstor_articletype ={research-article}, - jstor_formatteddate ={May, 2006}, - language = {English}, - publisher = {University of Wisconsin Press}, - url = {http://www.jstor.org/stable/27647709} -} - -@ARTICLE{dhprvInequality, - author = {DeBacker, Jason and Heim, Bradley and Panousi, Vasia and Ramnath, Shanthi and Vidangos, Ivan}, - title = {Rising Inequality: Transitory or Persistent? New Evidence from a Panel of U.S. Tax Returns}, - journal = {Brookings Papers on Economic Activity}, - year = 2013, - volume = {Spring}, - pages = {67--122}, - owner = {akmaral}, - timestamp = {2014.02.02}, - url = {http://home.comcast.net/~bradheim/files/inequality_23Jan2013_all.pdf} -} - -@TECHREPORT{deb04, - author = {Guy Debelle}, - title = {Macroeconomic Implications of Rising Household Debt}, - institution = {Bank for International Settlements}, - year = 2004, - type = {working paper}, - number = 153 -} - -@ARTICLE{debelleDebt, - author = {Debelle, Guy}, - title = {Macroeconomic Implications of Rising Household Debt}, - journal = {Bank of International Settlements Working Paper Number 513}, - year = 2004 -} - -@INCOLLECTION{debelle&fischer:cred, - author = {Debelle, Guy and Fischer, Stanley}, - title = {How Independent Should a Central Bank Be?}, - booktitle = {Goals, Guidelines, and Constraints Facing Monetary Policymakers}, - publisher = {Federal Reserve Bank of Boston}, - year = 1994, - editor = {Fuhrer, Jeffrey C.}, - pages = {195--221}, - note = {Federal Reserve Bank of Boston Conference Series 38} -} - -@ARTICLE{DSW:2004, - author = {Dejuan, Joseph P. and Seater, John J. and Wirjanto, Tony S.}, - title = {A direct test of the permanent Income Hypothesis with an Application to the U.S. states}, - journal = {Journal of Money Credit and Banking}, - year = 2004, - volume = 36, - pages = {1091--1103}, - number = 6 -} - -@ARTICLE{dekle:miracle, - author = {Dekle, Robert}, - title = {Raising Saving Rates: {L}essons from the {J}apanese Experience}, - journal = {Background Paper Prepared for {\it The East Asia Miracle Project}}, - year = 1993, - address = {New York}, - publisher = {Oxford University Press} -} - -@ARTICLE{DelNegro:2002, - author = {Del Negro, Marco}, - title = {Asymmetric shocks among U.S. states}, - journal = {Journal of International Economics}, - year = 2002, - volume = 56 -} - -@PHDTHESIS{DelNegro:1998, - author = {Del Negro, Marco}, - title = {Aggregate Risk Sharing Across US States and Across European Countries}, - school = {Yale University}, - year = 1998 -} - -@ARTICLE{ds04, - author = {Marco {Del Negro} and Frank Schorfheide}, - title = {Priors from General Equilibrium Models for VARs}, - journal = {International Economic Review}, - year = 2004, - volume = 45, - pages = {643--673}, - number = 2 -} - -@ARTICLE{deLongPeel, - author = {DeLong, J. Bradford}, - title = {Republic of the Central Banker}, - journal = {The American Prospect}, - year = 2008, - month = {October 27}, - note = {Available at \url{http://www.prospect.org/cs/articles?article=republic_of_the_central_banker}} -} - -@ARTICLE{denhaan, - author = {Den Haan, Wouter J.}, - title = {Assessing the Accuracy of the Aggregate Law of Motion in Models with Heterogeneous Agents}, - journal = {Jouranl of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {79--99}, - number = 1, - month = {January} -} - -@ARTICLE{denhaan:comparison, - author = {Den Haan, Wouter J.}, - title = {Comparison of Solutions to the Incomplete Markets Model with Aggregate Uncertainty}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {4--27}, - number = 1, - month = {January} -} - -@ARTICLE{denhaan:agents, - author = {{Den Haan}, Wouter J.}, - title = {Understanding Equilibrium Models with a Small and a Large Number of Agents}, - journal = {Manuscript, University of California at San Diego}, - year = 1996 -} - -@ARTICLE{denhaan:modelb, - author = {Den Haan, Wouter J. and Judd, Ken and Julliard, Michel}, - title = {Description of Model B and Exercises}, - journal = {Manuscript}, - year = 2007 -} - -@ARTICLE{denhann:comp, - author = {Den Haan, Wouter J. and Judd, Kenneth L. and Juillard, Michel}, - title = {Computational Suite of Models with Heterogeneous Agents: Incomplete Markets and Aggregate Uncertainty}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {1--3}, - number = 1, - month = {January} -} - -@ARTICLE{denhaan&rendahl, - author = {Den~Haan, Wouter J. and Rendahl, Pontus}, - title = {Solving the Incomplete Markets Model with Aggregate Uncertainty Using Explicit Aggregation}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {69--78}, - number = 1, - month = {January} -} - -@MISC{bea:survey, - author = {Department of Commerce, Bureau of Economic Analysis}, - title = {Survey of Current Business}, - year = {periodic} -} - -@MISC{bea:wealth, - author = {Department of Commerce, Bureau of Economic Analysis}, - title = {Fixed Reproducible Tangible Wealth in the {U}nited {S}tates, 1925-85}, - year = 1986, - note = {Updated periodically in the Survey of Current Business} -} - -@ARTICLE{consumerGEP, - author = {{Deutsche Bank Securities}}, - title = {Global Economic Perspectives: Risks to US Consumer Spending Overrated}, - journal = {Deutsche Bank Global Markets Research: Macro}, - year = 2012, - month = {February 14, 2012}, - file = {consumerGEP.pdf:consumerGEP.pdf:PDF} -} - -@ARTICLE{dl91, - author = {Diamond, Jr., Douglas B. and Michael J. Lea}, - title = {The Decline of Special Circuits in Developed Country Housing Finance}, - journal = {Housing Policy Debate}, - year = 1991, - volume = 3, - pages = {747--777}, - number = 3 -} - -@ARTICLE{diamondSearch, - author = {Diamond, Peter A.}, - title = {Aggregate Demand Management in Search Equilibrium}, - journal = {Journal of Political Economy}, - year = 1982, - volume = 90, - pages = {881--894}, - month = {October} -} - -@INCOLLECTION{diebold&lopez:forecastbias, - author = {Diebold, Francis X. and Lopez, Jose A.}, - title = {Forecast Evaluation and Combination}, - booktitle = {Handbook of Statistics}, - publisher = {North Holland}, - year = 1996, - editor = {Maddala, G.S. and Rao, C.R.}, - pages = {241--68}, - address = {Amsterdam} -} - -@ARTICLE{dghNegativeEquity, - author = {Disney, Richard and Gathergood, John and Henley, Andrew}, - title = {House Price Shocks, Negative Equity, and Household Consumption in the United Kingdom}, - journal = {Manuscript, University of Nottingham}, - year = 2008, - month = {October} -} - -@TECHREPORT{DisneyEtAl:2003, - author = {Disney, Richard and Henley, Andrew and Jevons, David}, - title = {House Price Shocks, Negative Equity and Household Consumption in the UK in the 1990s}, - institution = {University of Nottingham}, - year = 2003, - type = {memo}, - month = Aug -} - -@BOOK{dixit&pindyck:option, - title = {Investment Under Uncertainty}, - publisher = {Princeton University Press}, - year = 1994, - author = {Dixit, Avinash K. and Pindyck, Robert S.}, - address = {Princeton, NJ} -} - -@ARTICLE{dfhsCognitive, - author = {Thomas Dohmen and Armin Falk and David Huffman and Uwe Sunde}, - title = {Are Risk Aversion and Impatience Related to Cognitive Ability?}, - journal = {American Economic Review}, - year = 2010, - volume = 100, - pages = {1238--60}, - number = 3, - month = {June}, - note = {\url{http://ideas.repec.org/a/aea/aecrev/v100y2010i3p1238-60.html}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dfhsCognitive.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dfhsCognitive.pdf:PDF}, - url = {http://ideas.repec.org/a/aea/aecrev/v100y2010i3p1238-60.html} -} - -@MISC{Doornik1994, - author = {Doornik, J. and Hansen, H.}, - title = {An omnibus test for univariate and multivariate normality}, - year = 1994, - bdsk-url-1 = {http://citeseer.ist.psu.edu/doornik94omnibu.html}, - text = {Doornik, J. A., & Hansen, H. (1994). An omnibus test for univariate and multivariate normality (Working paper). NuOEeld College, Oxford.}, - url = {http://citeseer.ist.psu.edu/doornik94omnibu.html} -} - -@MISC{doornik94omnibus, - author = {J. Doornik and H. Hansen}, - title = {An omnibus test for univariate and multivariate normality}, - year = 1994, - text = {Doornik, J. A., & Hansen, H. (1994). An omnibus test for univariate and multivariate normality (Working paper). NuOEeld College, Oxford.}, - url = {citeseer.ist.psu.edu/doornik94omnibu.html} -} - -@ARTICLE{dkw:Ss, - author = {Dotsey, Michael and King, Robert G. and Wolman, Alexander L.}, - title = {State Dependent Pricing and the General Equilibrium Dynamics of Money and Output}, - journal = {Quarterly Journal of Economics}, - year = 1999, - volume = 114, - pages = {655--690} -} - -@ARTICLE{DrezeModigliani, - author = {Dr\`eze, Jacques H. and Modigliani, Franco}, - title = {Consumption Decisions Under Uncertainty}, - journal = {Journal of Economic Theory}, - year = 1972, - volume = 5, - pages = {308--335} -} - -@ARTICLE{dua&ray:arima, - author = {Dua, Pami and Ray, Subash C.}, - title = {ARIMA Models of the Price Level: An Assessment of the Multilevel Adaptive Learning Process in the USA}, - journal = {Journal of Forecasting}, - year = 1992, - volume = 11, - pages = {507--16} -} - -@BOOK{duesenberry:BOOK, - title = {Income, Saving, and the Theory of Consumer Behavior}, - publisher = {Harvard University Press}, - year = 1949, - author = {Duesenberry, James S.}, - address = {Cambridge, MA} -} - -@ARTICLE{duncan&hill:measerr, - author = {Duncan, Gregory J. and Hill, Daniel H.}, - title = {An Investigation of the Extent and Consequences of Measurement Error in Labor-Economic Survey Data}, - journal = {Journal of Labor Economics}, - year = 1985, - volume = 3, - number = 4 -} - -@MISC{dunn:paper2, - author = {Dunn, Wendy E.}, - title = {Unemployment Risk, Precautionary Saving, and Durable Goods Purchase Decisions}, - howpublished = {Manuscript, Board of Governors of the Federal Reserve System}, - year = 1998 -} - -@article{CoeurdacierGuibaudJin2015, - title = {Credit Constraints and growth in a Global Economy}, - author = {Coeurdacier, Nicolas and St\'ephane Guibaud and Keyu Jin}, - journal = {American Economic Review}, - volume = 105, - number = 9, - pages = {2838-81}, - year = 2015, -} - -@ARTICLE{JeanneBrookings, - author = {Jeanne, Olivier}, - title = {International Reserves in Emerging Market Countries: Too Much of a Good Thing?}, - journal = {Brookings Papers on Economic Activity}, - year = 2007, - volume = 2007, - pages = {1--55} -} - -@article{dmtMercant, - Author = {Durdu, Ceyhun Bora and Mendoza, Enrique G. and Terrones, Marco E.}, - Journal = {Journal of Development Economics}, - Title = {Precautionary Demand for Foreign Assets in Sudden Stop Economies: an Assessment of the New Mercantilism}, - Year = 2009, - Volume = 89, - Pages = {194 - 209} -} - -@ARTICLE{dmtMercant-FedWP, - author = {Durdu, Ceyhun Bora and Mendoza, Enrique G. and Terrones, Marco E.}, - title = {Precautionary Demand for Foreign Assets in Sudden Stop Economies: An Assessment of the New Mercantilism}, - journal = {FRB International Finance Discussion Paper No. 911}, - year = 2007, - month = {December} -} - -@ARTICLE{duyganTurk94, - author = {Duygan, Burcu}, - title = {Welfare Cost of Financial Crises When Risk-Sharing Is Imperfect: Evidence from Turkey}, - journal = {Manuscript, European University Institute}, - year = 2006 -} - -@ARTICLE{dkEcRec07, - author = {Nikola Dvornak and Marion Kohler}, - title = {Housing Wealth, Stock Market Wealth and Consumption: A Panel Analysis for Australia}, - journal = {Economic Record}, - year = 2007, - volume = 83, - pages = {117--130}, - number = 261 -} - -@ARTICLE{dynanDeleveraging, - author = {Dynan, Karen E.}, - title = {Is Household Debt Overhang Holding Back Consumption?}, - journal = {Brookings Papers on Economic Activity}, - year = 2012, - month = {March}, - note = {\url{http://www.brookings.edu/~/media/Files/Programs/ES/BPEA/2012_spring_bpea_papers/2012_spri}}, - url = {http://www.brookings.edu/~/media/Files/Programs/ES/BPEA/2012_spring_bpea_papers/2012_spri} -} - -@ARTICLE{ad85, - author = {Angus Deaton}, - title = {Panel Data from Time Series and Cross Sections}, - year = 1985, - journal = {Journal of Econometrics}, - volume = 30, - pages = {109-26} -} - -@ARTICLE{dynanHabits, - author = {Dynan, Karen E.}, - title = {Habit Formation in Consumer Preferences: Evidence from Panel Data}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - number = 3, - note = {\url{http://www.jstor.org/stable/117335}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dynanHabits.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dynanHabits.pdf:PDF}, - url = {http://www.jstor.org/stable/117335} -} - -@ARTICLE{dynan:lawrenceiswrong, - author = {Dynan, Karen E.}, - title = {The rate of time preference and shocks to wealth: evidence from panel data}, - journal = {Economic Activity Section Working Paper no. 134}, - year = 1993, - month = {July} -} - -@ARTICLE{dynan:precautionary, - author = {Dynan, Karen E.}, - title = {How Prudent Are Consumers?}, - journal = {Journal of Political Economy}, - year = 1993, - volume = 101, - pages = {1104--1113}, - number = 6 -} - -@ARTICLE{dk:hhdebt, - author = {Dynan, Karen E. and Kohn, Donald L.}, - title = {The Rise in U.S.\ Household Indebtedness: Causes and Consequences}, - journal = {Finance and Economics Discussion Series 2007-37}, - year = 2007 -} - -@TECHREPORT{dynanKohnDebt, - author = {Karen E. Dynan and Donald L. Kohn}, - title = {The Rise in U.S. Household Indebtedness: Causes and Consequences}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2007, - type = {International Finance Discussion Paper}, - number = 37 -} - -@ARTICLE{dynan&maki:stockmarket, - author = {Dynan, Karen E. and Maki, Dean M.}, - title = {Does Stock Market Wealth Matter for Consumption?}, - journal = {Board of Governors of the Federal Reserve System, Finance and Economics Discussion Papers 23}, - year = 2001 -} - -@ARTICLE{Dynan2012, - author = {Karen Dynan}, - title = {Is a Household Debt Overhang Holding Back Consumption?}, - journal = {Brookings Papers on Economic Activity}, - year = 2012, - volume = {Spring}, - pages = {299--362}, - owner = {akmaral}, - timestamp = {2014.02.02} -} - -@MISC{DynanMaki:2001, - author = {Dynan, Karen E. and Maki, Dean M.}, - title = {A Primer on the Economics and Time Series Econometrics of Wealth Effects}, - howpublished = {Finance and Economics Discussion Series 2001-9. Washington: Board of Governors of the Federal Reserve System}, - year = 2001, - source = {Washington: Board of Governors of the Federal Reserve System} -} - -@ARTICLE{dsz:richsave, - author = {Dynan, Karen E. and Skinner, Jonathan S. and Zeldes, Stephen P.}, - title = {Do the Rich Save More?}, - journal = {Manuscript, Board of Governors of the Federal Reserve System}, - year = 1996 -} - -@INCOLLECTION{easterlin:cult, - author = {Easterlin, Richard}, - title = {Does Economic Growth Improve the Human Lot? Some Empirical Evidence}, - booktitle = {Nations and Households in Economic Growth. Essays in Honour of Moses Abramowitz}, - publisher = {Academic Press}, - year = 1974, - address = {New York and London}, - note = {\url{http://graphics8.nytimes.com/images/2008/04/16/business/Easterlin1974.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/easterlinGrowth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/easterlinGrowth.pdf:PDF}, - url = {http://graphics8.nytimes.com/images/2008/04/16/business/Easterlin1974.pdf} -} - -@ARTICLE{elNotFactor, - author = {Easterly, William and Levine, Ross}, - title = {What Have We Learned From A Decade Of Empirical Research On Growth? It's Not Factor Accumulation: Stylized Facts And Growth Models}, - journal = {The World Bank Economic Review}, - year = 2001, - volume = 15, - pages = {177--219}, - number = 2, - publisher = {World Bank} -} - -@ARTICLE{ekpsLuck, - author = {Easterly, William and Kremer, Michael and Pritchett, Lant and Summers, Lawrence H.}, - title = {Good Policy or Good Luck?}, - journal = {Journal of Monetary Economics}, - year = 1993, - volume = 32, - pages = {459--483}, - number = 3, - publisher = {Elsevier} -} - -@ARTICLE{abel&eberly:unified, - author = {Eberly, Janice and Abel, Andrew}, - title = {A Unified Model of Investment Under Uncertainty}, - journal = {American Economic Review}, - year = 1994, - volume = 84, - pages = {1369--1384}, - number = 5, - month = {December}, - note = {Available at { \url{http://ideas.repec.org/a/aea/aecrev/v84y1994i5p1369-84.html}}} -} - -@ARTICLE{eberly:flexible, - author = {Eberly, Janice C.}, - title = {Flexible (S,s) Bands, Uncertainty, and Aggregate Consumer Durables Purchases}, - journal = {Working Paper, University of Pennsylvania}, - year = 1997 -} - -@ARTICLE{eberly:jpe, - author = {Eberly, Janice C.}, - journal = {Journal of Political Economy}, - year = 1993 -} - -@BOOK{ceaARRAsixth, - title = {The Economic Impact of the American Recovery and Reinvestment Act of 2009}, - publisher = {Government Printing Office}, - year = 2011, - author = {President's~Council~of~Economic~Advisers}, - address = {Washington, DC}, - month = {March}, - bdsk-url-1 = {http://www.whitehouse.gov/the-press-office/2011/03/18/cea-releases-sixth-quarterly-report-economic-impact-recovery-act}, - day = 18, - url = {http://www.whitehouse.gov/the-press-office/2011/03/18/cea-releases-sixth-quarterly-report-economic-impact-recovery-act} -} - -@ARTICLE{EdelsteinEtAl:2004, - author = {Edelstein, Robert H. and Lum, Sau Kim}, - title = {House prices, wealth effects, and the Singapore macroeconomy}, - journal = {Journal of Housing Economics}, - year = 2004, - volume = 13, - pages = {342--367} -} - -@ARTICLE{edison&slok:neweconomy, - author = {Edison, Hali and k, Torsten Sl{\o}k}, - title = {Wealth Effects and the New Economy}, - journal = {IMF Working Paper 01/77}, - year = 2001 -} - -@ARTICLE{EdwardsCyclical, - author = {Edwards, Ryan D.}, - title = {The Cost of Cyclical Mortality}, - journal = {The B.E. Journal of Macroeconomics (Contributions)}, - year = 2009, - volume = 9, - note = {Available at {\url{http://www.bepress.com/bejm/vol9/iss1/art7}, DOI: 10.2202/1935-1690.1729}}, - issue = {1, Article 7} -} - -@MISC{edwards:whysave, - author = {Edwards, Sebastian}, - title = {Why are Saving Rates so Different Across Countries?: An International Comparative Analysis}, - howpublished = {NBER Working Paper 5097}, - year = 1995 -} - -@TECHREPORT{ecb05b, - author = {Ehrmann, Michael and Fratzscher, Marcel}, - title = {Communication and Decision-making by Central Bank Committees: Different Strategies, same Effectiveness?}, - institution = {European Central Bank}, - year = 2005, - type = {European Central Bank Working Paper}, - number = 488 -} - -@TECHREPORT{eissa04, - author = {Eissa, Nada and Kleven, Henrik Jacobsen and Kreiner, Claus Thustrup}, - title = {Evaluation of Four Tax Reforms in the {U}nited {S}tates: {L}abor Supply and Welfare Effects for Single Mothers}, - institution = {National Bureau of Economic Research, Inc}, - year = 2004, - type = {NBER Working Papers}, - number = 10935 -} - -@ARTICLE{elliott:restricted, - author = {Elliott, Graham}, - title = {Estimating Restricted Cointegrating Vectors}, - journal = {Journal of Business and Economic Statistics}, - year = 2000, - volume = 18, - pages = {91--99} -} - -@ARTICLE{elliott:initial, - author = {Elliott, Graham}, - title = {Efficient Tests for a Unit Root When the Initial Observation is Drawn from its Unconditional Distribution}, - journal = {International Economic Review}, - year = 1999, - volume = 40, - pages = {767--783}, - number = 3, - month = {August} -} - -@ARTICLE{elliott:almost, - author = {Elliott, Graham}, - title = {On the Robustness of Cointegration Methods When Regressors Almost Have Unit Roots}, - journal = {Econometrica}, - year = 1998, - volume = 66, - pages = {149--158}, - number = 1, - month = {January} -} - -@ARTICLE{elliottfatas:current, - author = {Elliott, Graham and Fat\`as, Antonio}, - title = {International business cycles and the dynamics of the current account}, - journal = {European Economic Review}, - year = 1996, - volume = 40, - pages = {361--387} -} - -@ARTICLE{elliottito:hetero, - author = {Elliott, Graham and Ito, Takatoshi}, - title = {Heterogeneous expectations and tests of Efficiency in the yen/dollar forward exchange rate market}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 43, - pages = {435--456} -} - -@ARTICLE{elliottjansson:stationary, - author = {Elliott, Graham and Jansson, Michael}, - title = {Testing for unit roots with stationary covariates}, - journal = {Journal of Econometrics}, - year = 2003, - volume = 115, - pages = {75--89}, - number = 1, - month = {July} -} - -@ARTICLE{ejp:optimalpower, - author = {Elliott, Graham and Jansson, Michael and Pesavento, Elena}, - title = {Optimal Power for Testing Potential Cointegrating Vectors with Known Parameters for Nonstationarity}, - journal = {Working Paper, Department of Economics, University of California at San Diego}, - year = 2002 -} - -@ARTICLE{ekt:loss, - author = {Elliott, Graham and Komunjer, Ivana and Timmermann, Allan G.}, - title = {Estimating Loss Function Parameters}, - journal = {CEPR Discussion Paper No. 3821}, - month = {March 2003} -} - -@ARTICLE{elliottstock:nearone, - author = {Elliott, Graham and Stock, James H.}, - title = {Confidence intervals for autoregressive coefficients near one}, - journal = {Journal of Econometrics}, - year = 2001, - volume = 103, - pages = {155--181}, - number = {1-2} -} - -@ARTICLE{et:forecast, - author = {Elliott, Graham and Timmermann, Allan}, - title = {Optimal Forecast Combinations Under General Loss Functions and Forecast Error Distributions}, - journal = {Forthcoming, Journal of Forecasting}, - year = 2004 -} - -@ARTICLE{et:regime, - author = {Elliott, Graham and Timmermann, Allan}, - title = {Optimal Forecast Combination Under Regime Switching}, - journal = {Forthcoming, International Economic Review}, - year = 2004 -} - -@ARTICLE{ellison&fudenberg:social, - author = {Ellison, Glen and Fudenberg, Drew}, - title = {Word-of-Mouth Communication and Social Learning}, - journal = {Quarterly Journal of Economics}, - year = 1995, - volume = 110, - pages = {93--125} -} - -@ARTICLE{EngenGruber:UI, - author = {Engen, Eric and Gruber, Jonathan}, - title = {Unemployment Insurance and Precautionary Saving}, - journal = {Journal of Monetary Economics}, - year = 2001, - volume = 47, - pages = {545--579} -} - -@ARTICLE{englund&ioannides:houseprices, - author = {Englund, Peter and Ioannides, Yannis}, - title = {House Price Dynamics: An International Empirical Perspective}, - journal = {Journal of Housing Economics}, - year = 1997, - volume = 6, - pages = {119--136} -} - -@TECHREPORT{ecb05, - author = {{European Central Bank}}, - title = {Inflation Persistence and Price Setting Behaviour in the Euro Area}, - year = 2005, - type = {report}, - note = {available at {\footnotesize \url{http://www.ecb.int/home/pdf/research/inflationpersistencepricesettingreport.pdf}}} -} - -@TECHREPORT{ecb03, - author = {{European Central Bank}}, - title = {Structural Factors in the EU Housing Markets}, - institution = {European Central Bank}, - year = 2003, - type = {report}, - note = {available at {\footnotesize \url{http://www.ecb.eu/pub/pdf/other/euhousingmarketsen.pdf}}} -} - -@TECHREPORT{elp02, - author = {Evans, Charles L. and Liu, Chin Te and Pham--Kanter, Genevieve}, - title = {The 2001 Recession and the Chicago Fed National Activity Index: Identifying Business Cycle Turning Points}, - institution = {Federal Reserve Bank of Chicago}, - year = 2002, - type = {Economic Perspectives}, - pages = {26--43} -} - -@BOOK{evans&honk:book, - title = {Learning and Expectations in Macroeconomics}, - publisher = {Princeton University Press}, - year = 2001, - author = {Evans, George W. and Honkapohja, Seppo}, - address = {Princeton} -} - -@ARTICLE{evans&honk:survey, - author = {Evans, George W. and Honkapohja, Seppo}, - title = {Learning Dynamics}, - journal = {Manuscript, University of Oregon}, - year = 1999 -} - -@ARTICLE{evansInterestElasticity, - author = {Evans, Owen J.}, - title = {Tax Policy, the Interest Elasticity of Saving, and Capital Accumulation: Numerical Analysis of Theoretical Models}, - journal = {The American Economic Review}, - year = 1983, - pages = {398--410}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/evansInterestElasticity.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/evansInterestElasticity.pdf:PDF}, - publisher = {JSTOR} -} - -@ARTICLE{fama:inherit, - author = {Fama, Eugene F.}, - title = {Multiperiod Consumption-Investment Decisions}, - journal = {American Economic Review}, - year = 1970, - volume = 60, - pages = {163--74}, - number = 1 -} - -@ARTICLE{fhnRisk, - author = {Fan, Lin and Hobbs, Benjamin F. and Norman, Catherine S.}, - title = {Risk Aversion And CO2 Regulatory Uncertainty In Power Generation Investment: Policy And Modeling Implications}, - journal = {Journal of Environmental Economics and Management}, - year = 2010, - volume = 60, - pages = {193--208}, - number = 3, - note = {\\ \url{http://dx.doi.org/10.1016/j.jeem.2010.08.001}}, - doi = {10.1016/j.jeem.2010.08.001}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhnRisk.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhnRisk.pdf:PDF}, - publisher = {Elsevier}, - url = {http://dx.doi.org/10.1016/j.jeem.2010.08.001} -} - -@ARTICLE{faust:robust, - author = {Faust, Jon}, - title = {The Robustness of Identified VAR Conclusions About Money}, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = 1998, - volume = 49, - pages = {207--244} -} - -@ARTICLE{faust:errors, - author = {Faust, Jon and Rogers, John}, - title = {Monetary Policy's Role in Exchange Rate Behavior}, - journal = {Journal of Monetary Economics}, - year = 2003, - volume = 50, - pages = {1403--24}, - number = 7, - month = {October} -} - -@ARTICLE{frsw:identifying, - author = {Faust, Jon and Rogers, John H. and Swanson, Eric and Wright, Jonathan H.}, - title = {Identifying the Effects Of Monetary Policy Shocks On Exchange Rates Using High Frequency Data}, - journal = {Journal of the European Economic Association}, - year = 2003, - volume = 1, - pages = {1031--57}, - month = {September} -} - -@ARTICLE{fhw:stigma, - author = {Fay, Scott and Hurst, Erik and White, Michelle}, - title = {The Bankruptcy Decision: Does Stigma Matter?}, - journal = {University of Michigan Working Paper}, - year = 1998, - volume = {98-1} -} - -@ARTICLE{fhp, - author = {Fazzari, Stephen and Hubbard, R. Glenn and Petersen, Bruce C.}, - title = {Financing Constraints and Corporate Investment}, - journal = {Brookings Papers on Economic Activity}, - year = 1988, - volume = 1988, - pages = {141--206}, - number = 1, - bdsk-url-1 = {http://links.jstor.org/sici?sici=0007-2303%281988%291988%3A1%3C141%3AFCACI%3E2.0.CO%3B2-O}, - url = {http://links.jstor.org/sici?sici=0007-2303%281988%291988%3A1%3C141%3AFCACI%3E2.0.CO%3B2-O} -} - -@ARTICLE{flLifeCycleUncert, - author = {Feigenbaum, James and Geng Li}, - title = {Life Cycle Dynamics of Income Uncertainty and Consumption}, - journal = {B.E. Journal of Macroeconomics}, - year = 2012, - volume = {12: Iss. 1 (Advances), Article 11} -} - -@ARTICLE{flUncert, - author = {Feigenbaum, James and Li, Geng}, - title = {Lifecycle Dynamics of Income Uncertainty and Consumption}, - year = 2011 -} - -@ARTICLE{feldsteinInfl, - author = {Feldstein, M.}, - title = {{Inflation, tax rules and the stock market* 1}}, - journal = {Journal of Monetary Economics}, - year = 1980, - volume = 6, - pages = {309--331}, - number = 3, - issn = {0304-3932}, - publisher = {Elsevier} -} - -@ARTICLE{feldstein:myopic, - author = {Feldstein, Martin S.}, - title = {The Optimal Level of Social Security Benefits}, - journal = {Quarterly Journal of Economics}, - year = 1985, - volume = 100, - pages = {303--19} -} - -@Article{feldstein:induced, - Title = {Social Security, Induced Retirement, and Aggregate Capital Formation}, - Author = {Feldstein, Martin S.}, - Journal = {Journal of Political Economy}, - Year = 1974, - Month = {October}, - Note = {Available at { \url{http://www.jstor.org/stable/1829174}}}, - Number = 4, - Pages = {905--926}, - Volume = 82, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1829174} -} - -@ARTICLE{feldstein&horioka:sequalsi, - author = {Feldstein, Martin S. and Horioka, Charles Y.}, - title = {Domestic Saving and International Capital Flows}, - journal = {Economic Journal}, - year = 1980, - volume = 90, - pages = {314--29}, - month = {June} -} - -@ARTICLE{fernandez-corugedo:softlc, - author = {Fernandez-Corugedo, Emilio}, - title = {Soft Liquidity Constraints and Precautionary Savings}, - journal = {Manuscript, Bank of England}, - year = 2000 -} - -@ARTICLE{fpb:consumption, - author = {Fernandez-Corugedo, Emilio and Price, Simon and Blake, Andrew}, - title = {The Dynamics of Consumer's Expenditure: the UK Consumption ECM Redux}, - journal = {Bank of England Working Paper 204}, - year = 2003 -} - -@TECHREPORT{fpb03, - author = {Fernandez-Corugedo, Emilio and Price, Simon and Blake, Andrew}, - title = {The Dynamics of Consumers' Expenditure: The UK Consumption ECM Redux}, - institution = {Bank of England}, - year = 2003, - type = {working paper}, - number = 204 -} - -@BOOK{fisherInterestTheory, - title = {The Theory of Interest}, - publisher = {MacMillan}, - year = 1930, - author = {Fisher, Irving}, - address = {New York} -} - -@TECHREPORT{fisherEtAl:HsngBooms, - author = {Fisher, Lance A. and Otto, Glenn and Voss, Graham}, - title = {Housing Booms, Non-Financial Wealth and Consumption: Lessons from the Australian Experience}, - institution = {University of Victoria}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{fishe&idson:infohetero, - author = {Fisher, Raymond P. H. and Idson, Todd L.}, - title = {Information-Induced Heteroscedasticity in Price Expectations Data}, - journal = {Review of Economics and Statistics}, - year = 1990, - volume = 72, - pages = {304--312}, - number = 2 -} - -@INCOLLECTION{flavinHousingAndWealth, - author = {Flavin, Marjorie}, - title = {Housing and Wealth Portfolios}, - booktitle = {International Encyclopedia of Housing and Home}, - publisher = {Elsevier}, - year = {Forthcoming}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHousingAndWealth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHousingAndWealth.pdf:PDF} -} - -@ARTICLE{flavinHAdjMacro, - author = {Flavin, Marjorie}, - title = {Housing, Adjustment Costs, and Macro Dynamics}, - journal = {CESifo Economics Studies Conference on Housing Taxation and Regulation, 19–20 November 2010, Munich}, - year = 2010, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHAdjMacro.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHAdjMacro.pdf:PDF}, - url = {http://dx.doi.org/10.1093/cesifo/ifr019} -} - -@TECHREPORT{flavinEndogenousRA, - author = {Flavin, Marjorie}, - title = {Housing, Adjustment Costs, and Endogenous Risk Aversion}, - year = 2009, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinEndogenousRA.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinEndogenousRA.pdf:PDF}, - journal = {Bank of Spain conference on Household Finance and Macroeconomics, Madrid, 15-16 October, 2009} -} - -@ARTICLE{flavinSmoothness, - author = {Flavin, Marjorie}, - title = {The Excess Smoothness of Consumption: Identification and Interpretation}, - journal = {The Review of Economic Studies}, - year = 1993, - volume = 60, - number = 3, - month = {June}, - note = {\\ \url{http://www.jstor.org/stable/2298129}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinSmoothness.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinSmoothness.pdf:PDF}, - url = {http://www.jstor.org/stable/2298129} -} - -@ARTICLE{flavinLCorMyopia, - author = {Flavin, Marjorie}, - title = {Excess Sensitivity of Consumption to Current Income:Liquidity Constraints or Myopia?}, - journal = {NBER Working Paper Number 1314}, - year = 1984, - note = {\\ \url{http://www.worldcat.org/title/excess-sensitivity-of-consumption-to-current-income-liquidity-constraints-or-myopia/oclc/72446615}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinLCorMypopia.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinLCorMyopia.pdf:PDF}, - url = {http://www.worldcat.org/title/excess-sensitivity-of-consumption-to-current-income-liquidity-constraints-or-myopia/oclc/72446615} -} - -@TECHREPORT{flavinRobust, - author = {Marjorie A. Flavin}, - title = {The Joint Consumption/Asset Demand Decision: A Case Study in Robust Estimation}, - institution = {National Bureau of Economic Research}, - year = 1991, - type = {Working Paper}, - number = 3802, - month = {August}, - abstract = {The paper uses a previously unexploited data set -- the Michigan Survey of Consumer Finances -- to ask whether the finding that consumption tracks current income more closely than is consistent with the permanent income hypothesis can be attributed solely or partially to borrowing constraints. Using household data on income and asset stocks, the paper studies the saving side of the consumption/saving decision, and thus provides inferences on a comprehensive concept of consumption. To limit the influence of outliers, the paper uses a robust instrumental variables estimator, and argues that achieving robustness with respect to leverage points is actually simpler, both conceptually and computationally, in an instrumental variables context than in the OLS context. The results indicate that households do use asset stocks to smooth their consumption, although this smoothing is far from complete. However, there is no evidence that the excess sensitivity of consumption to current income is caused by borrowing constraints. Compared to the conventional results, the robust instrumental variables estimates are more stable across different subsamples, more consistent with the theoretical specification of the model, and indicate that some of the most striking findings in the conventional results were attributable to a single, highly unusual observation.}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinRobust.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinRobust.pdf:PDF}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w3802} -} - -@Article{flavinSensitive, - Title = {The Adjustment of Consumption to Changing Expectations About Future Income}, - Author = {Flavin, Marjorie B.}, - Journal = {Journal of Political Economy}, - Year = 1981, - Note = {\\ \url{http://www.jstor.org/stable/1830816}}, - Pages = {974--1009}, - Volume = 89, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1830816} -} - -@ARTICLE{fy00, - author = {Marjorie A. Flavin and Takashi Yamashita}, - title = {Owner-Occupied Housing and the Composition of the Household Portfolio over the Life-Cycle}, - journal = {American Economic Review}, - year = 2000, - volume = 92, - pages = {345--62} -} - -@TECHREPORT{fn04, - author = {Marjorie Flavin and Shinobu Nakagawa}, - title = {A Model of Housing in the Presence of Adjustment Costs: A Structural Interpretation of Habit Persistence}, - institution = {National Bureau of Economic Research}, - year = 2004, - type = {working paper}, - number = 10458 -} - -@ARTICLE{fyHousingLC, - author = {Flavin, Marjorie and Takashi Yamashita}, - title = {Owner-Occupied Housing: Life-Cycle Implications for the Household Portfolio}, - journal = {American Economic Review: Papers and Proceedings}, - year = 2011, - volume = 101, - pages = {609-–614}, - number = 3, - note = {\\ \url{https://www.aeaweb.org/articles.php?doi= 10.1257/aer.101.3.609}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingLifeCycle.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingLifeCycle.pdf:PDF}, - url = {https://www.aeaweb.org/articles.php?doi=10.1257/aer.101.3.609} -} - -@ARTICLE{fyPortfolio, - author = {Flavin, Marjorie and Takashi Yamashita}, - title = {Owner-Occupied Housing: The Role of Collateral Constraints on the Household Portfolio}, - journal = {Manuscript, UCSD}, - year = 2011, - month = {October}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyPortfolio.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyPortfolio.pdf:PDF} -} - -@ARTICLE{fyHousingHHPortfolio, - author = {Flavin, Marjorie and Yamashita, Takashi}, - title = {Owner-Occupied Housing and the Composition of the Household Portfolio}, - journal = {The American Economic Review}, - year = 2002, - volume = 92, - pages = {pp.345--362}, - number = 1, - note = {\\ \url{http://www.jstor.org/stable/3083338}}, - copyright = {Copyright © 2002 American Economic Association}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingHHPortfolio.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingHHPortfolio.pdf:PDF}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={Mar., 2002}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/3083338} -} - -@ARTICLE{FlemingRemolona:whatmoves, - author = {Fleming, Michael and Remolona, Eli}, - title = {What Moves the Bond Market?}, - journal = {Federal Reserve Bank of New York Economic Policy Review}, - year = 1997, - volume = 3, - pages = {31--50} -} - -@INCOLLECTION{fm00, - author = {Flemming, J.S. and Micklewright, John}, - title = {Income distribution, economic systems and transition}, - booktitle = {Handbook of Income Distribution}, - publisher = {Elsevier}, - year = 2000, - editor = {Atkinson, Anthony B. and Bourguignon, Frank}, - pages = {843--918}, - address = {Cambridge, MA} -} - -@ARTICLE{fogliPerriMod, - author = {Fogli, Alessandra and Perri, Fabrizio}, - title = {The `Great Moderation' and the U.S.\ External Imbalance}, - journal = {NBER Working Paper Number w12708}, - year = 2006, - month = {November} -} - -@TECHREPORT{fksvvFDIpty, - author = {Christian Fons-Rosen and Sebnem Kalemli-Ozcan and Bent E. S{\o}rensen and Carolina Villegas-Sanchez and Vadym Volosovych}, - title = {Quantifying Productivity Gains from Foreign Investment}, - institution = {National Bureau of Economic Research}, - year = 2013, - type = {Working Paper}, - number = 18920, - month = {March}, - abstract = {We quantify the causal effect of foreign investment on total factor productivity (TFP) using a new global firm-level database. Our identification strategy relies on exploiting the difference in the amount of foreign investment by financial and industrial investors and simultaneously controlling for unobservable firm and country-sector-year factors. Using our well identified firm level estimates for the direct effect of foreign ownership on acquired firms and for the spillover effects on domestic firms, we calculate the aggregate impact of foreign investment on country-level productivity growth and find it to be very small.}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18920} -} - -@TECHREPORT{fglr04, - author = {Forni, Mario and Giannone, Domenico and Lippi, Marco and Reichlin, Lucrezia}, - title = {Opening the Black Box: Structural Factor Models versus Structural VARs}, - institution = {Universit{\'}e Libre de Bruxelles}, - year = 2004, - type = {mimeo} -} - -@BOOKLET{fanniemae:housesize, - title = {Opening the Door to a Home of Your Own}, - author = {Foundation, Fannie Mae}, - address = {Washington, D.C.}, - year = 1997 -} - -@ARTICLE{francisCapitalistSpirit, - author = {Francis, Johanna L.}, - title = {Wealth and the capitalist spirit}, - journal = {Journal of Macroeconomics}, - year = 2009, - volume = 31, - pages = {394--408}, - number = 3, - doi = {10.1016/j.jmacro.2008.10.007}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/francisCapitalistSpirit.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/francisCapitalistSpirit.pdf:PDF}, - issn = {0164-0704}, - keywords = {Capitalist spirit}, - url = {http://www.sciencedirect.com/science/article/pii/S0164070408000785} -} - -@BOOK{frank:rightpond, - title = {On Choosing the Right Pond: Human Behavior and the Quest for Status}, - publisher = {Oxford University Press}, - year = 1985, - author = {Frank, Robert H.}, - address = {New York} -} - -@ARTICLE{fratantoni:housing, - author = {Fratantoni, Michael}, - title = {Homeownership, Committed Expenditure Risk, and the Stockholding Puzzle}, - journal = {Oxford Economic Papers}, - year = 2001, - volume = 53, - pages = {241--259}, - number = 2, - month = {April} -} - -@ARTICLE{fratantoni:empirical, - author = {Fratantoni, Michael C.}, - title = {Homeownership and Investment in Risky Assets}, - journal = {Journal of Urban Economics}, - year = 1998, - volume = 44, - pages = {27--42} -} - -@ARTICLE{fratantoni:equitypremium, - author = {Fratantoni, Michael C.}, - title = {Income Uncertainty and the Equity Premium Puzzle}, - journal = {Manuscript, Johns Hopkins University}, - year = 1998 -} - -@ARTICLE{friedman:extreme, - author = {Friedman, Benjamin M.}, - title = {Optimal Expectations and the Extreme Information Assumptions of `Rational Expectations' Macromodels}, - journal = {Journal of Monetary Economics}, - year = 1979, - volume = 5, - pages = {23--41} -} - -@ARTICLE{friedmanMoney, - author = {Friedman, Milton}, - title = {The Role of Monetary Policy: Presidential Address to the American Economic Association}, - journal = {American Economic Review}, - year = 1968, - volume = 58, - pages = {1--15}, - number = 1 -} - -@INCOLLECTION{as-if, - author = {Friedman, Milton}, - title = {Methodology in Positive Economics}, - booktitle = {Essays in Positive Economics}, - publisher = {University Of Chicago Press}, - year = 1966, - pages = {3--43}, - month = {August}, - abstract = {{"}Stimulating, provocative, often infuriating, but well worth reading.{"}--Peter Newman, Economica {"}His critical blast blows like a north wind against the more pretentious erections of modern economics. It is however a healthy and invigorating blast, without malice and with a sincere regard for scientific objectivity.{"}--K.E. Boulding, Political Science Quarterly {"}Certainly one of the most engrossing volumes that has appeared recently in economic theory.{"}--William J. Baumol, Review of Economics and Statistics}, - bdsk-url-1 = {http://www.amazon.ca/exec/obidos/redirect?tag=citeulike09-20%5C&path=ASIN/0226264033}, - citeulike-article-id =2716803, - comment = {CHIFLEY HB33.F7}, - howpublished = {Paperback}, - keywords = {agents, economics, file-import-08-04-25, parsimony, rationality}, - posted-at = {2008-04-25 06:53:12}, - priority = 2, - url = {http://www.amazon.ca/exec/obidos/redirect?tag=citeulike09-20\&path=ASIN/0226264033} -} - -@INCOLLECTION{friedmanBodkinComments, - author = {Friedman, Milton}, - title = {Comments}, - booktitle = {Consumption and Saving}, - publisher = {University of Pennsylvania Press}, - year = 1960, - address = {Philadelphia} -} - -@techreport{leBlancGeorgarakos:IncomeProcessesInEurope, - author = {Julia {\noopsort{Blanc}}{Le Blanc} and Dimitris Georgarakos}, - institution = {Goethe University Frankfurt}, - type = {mimeo}, - title = {How Risky Is Their Income? Labor Income Processes in Europe}, - year = 2013, -} - -@article{fuchsSchuendelnEtAl:IncomeGermany, - author = {Nicola Fuchs-Schuendeln and Dirk Krueger and Mathias Sommer}, - journal = {Review of Economic Dynamics}, - number = 1, - pages = {103--132}, - title = {Inequality Trends for Germany in the Last Two Decades: A Tale of Two Countries}, - volume = 13, - year = 2010, -} - -@INCOLLECTION{friedman:windfalls, - author = {Friedman, Milton A.}, - title = {Windfalls, the `Horizon,' and Related Concepts in the Permanent Income Hypothesis}, - booktitle = {Measurement in Economics}, - publisher = {Stanford University Press}, - year = 1963, - editor = {Christ, Carl}, - pages = {1--28} -} - -@BOOK{friedman:essays, - title = {Essays in Positive Economics}, - publisher = {University of Chicago Press}, - year = 1953, - author = {Friedman, Milton A.}, - address = {Chicago} -} - -@ARTICLE{fs:shock, - author = {Fuchs-Sch{\"}undeln, Nicola}, - title = {The Response of Household Saving to the Large Shock of German Reunification}, - journal = {Manuscript, Harvard University}, - year = 2007 -} - -@ARTICLE{fs:germany, - author = {Fuchs-Schuudeln, Nicola and Schundeln, Matthias}, - title = {Precautionary Savings and Self-Selection: Evidence from the German Reunification {``}Experiment{''}}, - journal = {Quarterly Journal of Economics}, - year = 2005, - volume = 120, - pages = {1085--1120}, - number = 3 -} - -@TECHREPORT{fuh05, - author = {Fuhrer, Jeffrey C.}, - title = {Intrinsic and Inherited Inflation Persistence}, - institution = {Federal Reserve Bank of Boston}, - year = 2005, - type = {Working Paper}, - number = {05-08} -} - -@ARTICLE{fuh00, - author = {Fuhrer, Jeffrey C.}, - title = {Habit Formation in Consumption and Its Implication for Monetary-Policy Models}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {367--390}, - number = 3 -} - -@ARTICLE{fuhrer:habits, - author = {Fuhrer, Jeffrey C.}, - title = {Habit Formation in Consumption and its Implications for Monetary Policy Models}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {367--390}, - number = 3, - month = {June}, - note = {\url{http://www.jstor.org/stable/117334}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fuhrerHabits.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fuhrerHabits.pdf:pdf}, - url = {http://www.jstor.org/stable/117334} -} - -@ARTICLE{fuhrer&klein:riskyhabits, - author = {Fuhrer, Jeffrey C. and Klein, Michael W.}, - title = {Risky Habits: On Risk Sharing, Habit Formation, and the Interpretation of International Consumption Correlations}, - journal = {NBER Working Paper No. 6735}, - year = 1998 -} - -@ARTICLE{fuhrer&moore:persistence, - author = {Fuhrer, Jeffrey C. and Moore, George R.}, - title = {Inflation Persistence}, - journal = {Quarterly Journal of Economics}, - year = 1995, - volume = 110, - pages = {127--159}, - number = 1 -} - -@BOOK{fullerton&rogers:incidence, - title = {Who Bears the Lifetime Tax Burden}, - publisher = {The Brookings Institution}, - year = 1993, - author = {{Fullerton, Don} and {Diane L. Rogers}}, - address = {Washington, D.C.} -} - -@ARTICLE{futia:invariant, - author = {Futia, Carl A.}, - title = {Invariant Distributions and the Limiting Behavior of Markovian Economic Models}, - journal = {Econometrica}, - year = 1982, - volume = 50, - pages = {377--408}, - number = 2 -} - -@INPROCEEDINGS{gabaix&laibson:6Dbias, - author = {Gabaix, Xavier and Laibson, David}, - title = {The 6D Bias and the Equity Premium Puzzle}, - booktitle = {NBER Macroeconomics Annual}, - year = 2002, - editor = {Bernanke, Ben and Rogoff, Kenneth}, - pages = {257--312}, - address = {Cambridge, MA}, - publisher = {MIT Press} -} - -@ARTICLE{gabaix&laibson:6d, - author = {Gabaix, Xavier and Laibson, David}, - title = {The 6D Bias and and the Equity Premium Puzzle}, - journal = {NBER Macroeconomics Annual}, - year = 2001, - pages = {257--312} -} - -@TECHREPORT{go04, - author = {Gadzinski, Gregory and Orlandi, Fabrice}, - title = {Inflation Persistence for the EU Countries, the Euro Area and the US}, - institution = {European Central Bank}, - year = 2004, - type = {ECB working paper}, - number = 414 -} - -@ARTICLE{gakidis:stocksforold, - author = {Gakidis, Haralobos E.}, - title = {Stocks for the Old? Earnings Uncertainty and Life-Cycle Portfolio Choice}, - journal = {Manuscript, Massachusetts Institute of Technology}, - year = 1998 -} - -@ARTICLE{gali:joneses, - author = {Gal{\'}{i}, Jordi}, - title = {Keeping Up with the Joneses: Consumption Externalities, Portfolio Choice, and Asset Prices}, - journal = {Journal of Money, Credit, and Banking}, - year = 1994, - volume = 26, - pages = {1--8}, - number = 1 -} - -@ARTICLE{gale:survey, - author = {Gale, Douglas}, - title = {What Have We Learned from Social Learning?}, - journal = {European Economic Review}, - year = 1996, - volume = 40, - pages = {617--628} -} - -@ARTICLE{gale&scholz:intergen, - author = {Gale, William G. and Scholz, John Karl}, - title = {Intergenerational Transfers and the Accumulation of Wealth}, - journal = {Journal of Economic Perspectives}, - year = 1994, - volume = 8, - pages = {145--160}, - number = 4 -} - -@ARTICLE{gg99, - author = {Gali, Jordi and Gertler, Mark}, - title = {Inflation Dynamics: A Structural Econometric Approach}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 4, - pages = {195--222}, - number = 2 -} - -@ARTICLE{gm07, - author = {{Galu{\v} s{\v} c{{\'}a}k}, Kamil and M{\"}unich, Daniel}, - title = {Structural and Cyclical Unemployment: What Can Be Derived from the Matching Function? (in {E}nglish)}, - journal = {Czech Journal of Economics and Finance (Finance a uver, ISSN: 0015-1920)}, - year = 2007, - volume = 57, - pages = {102--125}, - number = {3--4} -} - -@ARTICLE{gm05, - author = {{Galu{\v} s{\v} c{{\'}a}k}, Kamil and M{\"}unich, Daniel}, - title = {Regional Wage Adjustments and Unemployment: Estimating the Time-Varying Wage Curve (in {E}nglish)}, - journal = {Czech Journal of Economics and Finance (Finance a uver, ISSN: 0015-1920)}, - year = 2005, - volume = 55, - pages = {68--82}, - number = {1--2} -} - -@TECHREPORT{gp05, - author = {{Galu{\v} s{\v} c{{\'}a}k}, Kamil and Pavel, Jan}, - title = {Does Work Pay? {I}ncidence of Unemployment and Inactivity Traps in the {Czech Republic}}, - institution = {Czech National Bank, Prague}, - year = 2005, - type = {mimeo} -} - -@misc{carroll:reviewgapinsky, - journal = {Journal of Economic Literature}, - author = {Gapinsky, James H.}, - year = 1994, - volume = 32, - number = 4, - note = {Book Review}, - title = {The Economics of Saving} -} - -@ARTICLE{garner:debt, - author = {Garner, C. Alan}, - title = {Can Measures of the Consumer Debt Burden Reliably Predict an Economic Slowdown?}, - journal = {Federal Reserve Bank of Kansas City}, - year = 1996, - volume = 81, - pages = {63--76}, - number = 4 -} - -@ARTICLE{GarrettEtAl:2004, - author = {Garrett, Thomas A. and Hern\`{a}ndez-Murillo, Rub\`{e}n and Owyang, Michael T.}, - title = {Does Consumer Sentiment Predict Regional Consumption?}, - journal = {Federal Reserve Bank of St. Louis Review}, - year = 2004, - volume = 87, - pages = {123--35}, - number = 2, - month = {March} -} - -@ARTICLE{geiregat:jobmarket, - author = {Geiregat, Christopher}, - title = {Banks, Capital Constraints, and Aggregate Fluctuations}, - journal = {Unpublished Manuscript, Johns Hopkins University}, - year = 2000 -} - -@ARTICLE{gmLossAversion, - author = {Genesove, David and Mayer, Christopher}, - title = {Loss Aversion and Seller Behavior: Evidence from the Housing Market}, - journal = {The Quarterly Journal of Economics}, - year = 2001, - volume = 116, - pages = 1233, - number = 4, - publisher = {Oxford University Press} -} - -@ARTICLE{gentry&hubbard:wealthysave, - author = {Gentry, William M. and Hubbard, R. Glenn}, - title = {Why Do the Wealthy Save So Much? Saving and Investment Decisions of Entrepreneurs}, - journal = {Manuscript, Columbia University}, - year = 1998 -} - -@ARTICLE{gfwDisagree, - author = {Gerardi, Kristofer S. and Foote, Christopher L. and Willen, Pauls S.}, - title = {Reasonable People Did Disagree: Optimism and Pessimism about the U.S.\ Housing Market Before the Crash}, - journal = {Public Policy Discussion Paper}, - year = 2010, - publisher = {Federal Reserve Bank of Boston} -} - -@TECHREPORT{ger01, - author = {Gerberding, Christina}, - title = {The Information Content of Survey Data on Expected Price Developments for Monetary Policy}, - institution = {Deutsche Bundesbank}, - year = 2001, - type = {discussion paper}, - number = 9 -} - -@ARTICLE{goJME, - author = {Ghosh, Atish R. and Ostry, Jonathan D.}, - title = {Macroeconomic Uncertainty, Precautionary Saving, and the Current Account}, - journal = {Journal of Monetary Economics}, - year = 1997, - volume = 40, - pages = {121--139} -} - -@BOOK{gmw:opt, - title = {Practical Optimization}, - publisher = {Academic Press}, - year = 1981, - author = {{Gill,~P.~E., W.~Murray} and {M.~H.~Wright}}, - address = {New York} -} - -@ARTICLE{Glaeser:1992, - author = {Glaeser, Edward L and Kallal, Hedi D. and Scheinkman, Jose A. and Shleifer, Andrei}, - title = {Growth in Cities}, - journal = {Journal of Political Economy}, - year = 1992, - volume = 100, - pages = {1126--52}, - number = 6, - month = {December} -} - -@ARTICLE{glick&rogoff:currentacct, - author = {Glick, Reuven and Rogoff, Kenneth S.}, - title = {Global Versus Country-Specific Productivity Shocks and the Current Account}, - journal = {Journal of Monetary Economics}, - year = 1995, - volume = 35, - pages = {159--192}, - number = 1, - month = {February} -} - -@ARTICLE{gp04, - author = {Golinelli, Roberto and Parigi, Giuseppe}, - title = {Consumer Sentiment and Economic Activity: A Cross Country Comparison}, - journal = {Journal of Business Cycle Measurement and Analysis}, - year = 2004, - volume = 1, - pages = {147--170}, - number = 2 -} - -@INCOLLECTION{gollier:classical, - author = {Gollier, Christian}, - title = {What Does the Classical Theory Have to Say About Household Portfolios?}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, Tullio} -} - -@ARTICLE{GomesMichaelides:optimal, - author = {Gomes, Francisco and Michaelides, Alexander}, - title = {Optimal Life-Cycle Asset Allocation: Understanding the Empirical Evidence}, - journal = {Journal of Finance}, - year = 2005, - volume = 60, - pages = {869--904}, - number = 2, - month = {April} -} - -@ARTICLE{GomesMichaelides:intl, - author = {Gomes, Francisco and Michaelides, Alexander}, - title = {International Portfolio Choice, Liquidity Constraints and the Home Equity Bias Puzzle}, - journal = {Journal of Economic Dynamics and Control}, - year = 2003, - volume = 28, - pages = {555--594}, - number = 3, - month = {December} -} - -@ARTICLE{goodman&ittner:houseestimates, - author = {Goodman, J. L. and Ittner, J. B.}, - title = {The Accuracy of Homeowner's Estimates of House Value}, - journal = {Journal of Housing Economics}, - year = 1992, - volume = 2, - pages = {339--357} -} - -@ARTICLE{gorman1953community, - author = {Gorman, William M.}, - title = {{Community Preference Fields}}, - journal = {Econometrica}, - year = 1953, - volume = 21, - pages = {63--80}, - number = 1, - publisher = {JSTOR} -} - -@ARTICLE{Gorodnichenko:2010tp, - author = {Gorodnichenko, Yuriy and Sabirianova Peter, Klara and Stolyarov, Dmitriy}, - title = {Inequality and volatility moderation in Russia: Evidence from micro-level panel data on consumption and income}, - journal = {Review of Economic Dynamics}, - year = 2010, - volume = 13, - pages = {209--237}, - number = 1, - date-added = {2013-04-07T23:23:14GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = {{Review_of_Economic_Dynamics_2010_Gorodnichenko.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Gorodnichenko/Review_of_Economic_Dynamics_2010_Gorodnichenko.pdf:application/pdf}}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Gorodnichenko/Review_of_Economic_Dynamics_2010_Gorodnichenko.pdf}, - rating = 0, - uri = {\url{papers2://publication/uuid/03D7B199-CBA8-442F-9ACF-E36D895B959D}}, - url = {http://www.sciencedirect.com/science/article/pii/S1094202509000556} -} - -@ARTICLE{gmEJvarTrends, - author = {Gottschalk, Peter and Moffitt, Robert A.}, - title = {Trends in the Transitory Variance of Earnings in the United States}, - journal = {Economic Journal}, - year = 2002, - volume = {112(478)}, - pages = {C68-C73}, - month = {March}, - publisher = {Royal Economic Society} -} - -@ARTICLE{gourinchas:gelifecycle, - author = {Gourinchas, Pierre-Olivier}, - title = {Precautionary Savings, the Life Cycle, and Macroeconomics}, - journal = {Manuscript, Princeton University}, - year = 1999 -} - -@article{gourinchasJeannePuzzle, - title = {Capital Flows to Developing Countries: The Allocation Puzzle}, - author = {Pierre-Olivier Gourinchas and Olivier Jeanne}, - journal = {Review of Economic Studies}, - volume = 80, - pages = {1484-1515}, - year = 2013, -} - -@ARTICLE{gourinchasJeannePuzzleNBERWP, - author = {Gourinchas, Pierre-Olivier and Jeanne, Olivier}, - title = {Capital Flows to Developing Countries: The Allocation Puzzle}, - journal = {NBER Working Paper w13602}, - year = 2007 -} - -@ARTICLE{gpCoverLC, - author = {Pierre-Olivier Gourinchas and Jonathan A. Parker}, - title = {Consumption Over the Lifecycle}, - journal = {Econometrica}, - year = 2002, - volume = 70, - pages = {47--89}, - number = 1, - month = {January} -} - -@MISC{bog:flow, - author = {of Governors of the Federal Reserve System, Board}, - title = {Flow of Funds Accounts Financial Assets and Liabilities, Year-End}, - year = {periodic} -} - -@BOOK{grahamDodd, - title = {Securities Analysis}, - publisher = {McGraw-Hill}, - year = 1934, - author = {Graham, Benjamin and Dodd, David}, - address = {New York} -} - -@INCOLLECTION{grantKeynes, - author = {Grant, Susan}, - title = {Chapter 3. The Key Skills of an Economists}, - booktitle = {Teaching and Assessing Skills in Economics}, - publisher = {Cambridge University Press}, - year = 2009, - note = {Available at \url{http://assets.cambridge.org/97805215/48250/excerpt/9780521548250_excerpt.pdf}} -} - -@INPROCEEDINGS{gw07, - author = {Green, Richard K. and Wachter, Susan M.}, - title = {The Housing Finance Revolution}, - booktitle = {Housing, Housing Finance and Monetary Policy}, - year = 2007, - pages = {21--67}, - publisher = {Jackson Hole Symposium, Federal Reserve Bank of Kansas City} -} - -@BOOK{greene:metrixtext, - title = {Econometric Analysis}, - publisher = {Prentice Hall}, - year = 2000, - author = {Greene, William H.}, - edition = 4 -} - -@BOOK{greene:econometrics, - title = {Econometrics}, - publisher = {MacMillan}, - year = 1990, - author = {Greene, William H.}, - address = {New York}, - edition = {Second} -} - -@ARTICLE{greenspan:debt, - author = {Greenspan, Alan}, - title = {Statement to the U.S. House Committee on Ways and Means, December 18, 1991}, - journal = {Federal Reserve Bulletin}, - year = 1992, - volume = 78, - pages = {122--124}, - number = 2 -} - -@ARTICLE{greenspan&cohen:scrappage, - author = {Greenspan, Alan and Cohen, Darrel}, - title = {Motor Vehicle Stocks, Scrappage, and Sales}, - journal = {Manuscript, Board of Governors of the Federal Reserve System}, - year = 1997 -} - -@TECHREPORT{gk05, - author = {Greenspan, Alan and Kennedy, James}, - title = {Estimates of Home Mortgage Originations, Repayments, and Debt on One-to-Four-Family Residences}, - institution = {Federal Reserve Board}, - year = 2005, - type = {FEDS working paper}, - number = {2005--41} -} - -@article{gross&souleles:creditcards, - title = {Do Liquidity Constraints and Interest Rates Matter for Consumer Behavior? Evidence from Credit Card Data*}, - author = {Gross, David B and Souleles, Nicholas S}, - journal = {The Quarterly journal of economics}, - volume = 117, - number = 1, - pages = {149--185}, - year = 2002, - publisher = {Oxford University Press} -} - -@ARTICLE{gross&souleles:bankruptcy, - author = {Gross, David B. and Souleles, Nicholas S.}, - title = {Explaining the Rise in Bankruptcy and Delinquency: Stigma Versus Risk-Composition}, - journal = {Manuscript, University of Pennsylvania}, - year = 1998 -} - -@ARTICLE{gru04, - author = {Gruber, Joseph W.}, - title = {A Present Value Test of Habits and the Current Account}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - pages = {1495--1507}, - number = 7 -} - -@ARTICLE{grHabits, - author = {Alessandra Guariglia and Mariacristina Rossi}, - title = {Consumption, Habit Formation, and Precautionary Saving: Evidence from the British Household Panel Survey}, - journal = {Oxford Economic Papers}, - year = 2002, - volume = 54, - pages = {1--19} -} - -@ARTICLE{gjt:smallPS, - author = {Guiso, Luigi and Jappelli, Tullio and Terlizzese, Daniele}, - title = {Earnings Uncertainty and Precautionary Saving}, - journal = {Journal of Monetary Economics}, - year = 1992, - volume = 30, - pages = {307--37}, - number = 2 -} - -@ARTICLE{guiso+paiella-risk, - author = {Guiso, Luigi and Paiella, Monica}, - title = {Risk Aversion, Wealth and Background Risk}, - journal = {C.E.P.R. Discussion Papers}, - year = 2001, - number = 2728, - month = mar, - note = {available at http://ideas.repec.org/p/cpr/ceprdp/2728.html}, - type = {CEPR Discussion Papers} -} - -@ARTICLE{gsz:culture, - author = {Guiso, Luigi and Sapienza, Paola and Zingales, Luigi}, - title = {Does Culture Affect Economic Outcomes?}, - journal = {Journal of Economic Perspectives}, - year = 2006, - note = {available at http://ideas.repec.org/p/cpr/ceprdp/5505.html} -} - -@ARTICLE{GuvenenLearning, - author = {Guvenen, Fatih}, - title = {Learning Your Earning: Are Labor Income Shocks Really Very Persistent?}, - journal = {American Economic Review}, - year = 2007, - volume = 97, - pages = {687--712}, - number = 3 -} - -@Article{gosCyclical, - author = {Fatih Guvenen and Serdar Ozkan and Jae Song}, - title = {{The Nature of Countercyclical Income Risk}}, - journal = {Journal of Political Economy}, - year = 2014, - volume = 122, - number = 3, - pages = {621--660}, - abstract = {This paper studies the cyclical nature of individual income risk using a confidential dataset from the U.S. Social Security Administration, which contains (uncapped) earnings histories for millions of individuals. The base sample is a nationally representative panel containing 10 percent of all U.S. males from 1978 to 2010. We use these data to decompose individual income growth during recessions into “between-group” and “within-group” components. We begin with the behavior of within-group shocks. Contrary to past research, we do not find the variance of idiosyncratic income shocks to be countercyclical. Instead, it is the left-skewness of shocks that is strongly countercyclical. That is, during recessions, the upper end of the shock distribution collapses—large upward income movements become less likely—whereas the bottom end expands—large drops in income become more likely. Thus, while the dispersion of shocks does not increase, shocks become more left skewed and, hence, risky during recessions. Second, to study between-group differences, we group individuals based on several observable characteristics at the time a recession hits. One of these characteristics—the average income of an individual at the beginning of a business cycle episode—proves to be an especially good predictor of fortunes during a recession: prime-age workers that enter a recession with high average earnings suffer substantially less compared with those who enter with low average earnings (which is not the case during expansions). Finally, we find that the cyclical nature of income risk is dramatically different for the top 1 percent compared with all other individuals—even relative to those in the top 2 to 5 percent. }, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18035} -} - -@ARTICLE{denHaanMarcet:parameterized, - author = {den Haan, Wouter J and Marcet, Albert}, - title = {Solving the Stochastic Growth Model by Parameterizing Expectations}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {31--34}, - number = 1, - month = {January}, - note = {Available at {\url{http://ideas.repec.org/a/bes/jnlbes/v8y1990i1p31-34.html}}} -} - -@ARTICLE{hl:interpreting, - author = {Hahn, Jaehoon and Lee, Hangyong}, - title = {Interpreting the Predictive Power of the Consumption-Wealth Ratio}, - journal = {University of Washington Working Paper}, - year = 2005 -} - -@ARTICLE{hahn&lee:cwunstable, - author = {Hahn, Jaehoon and Lee, Hangyong}, - title = {On the Estimation of the Consumption-Wealth Ratio: Cointegrating Parameter Instability and its Implications for Stock Return Forecasting}, - journal = {Manuscript, Columbia University}, - year = 2001 -} - -@TECHREPORT{hl01, - author = {Jaehoon Hahn and Hangyong Lee}, - title = {On the Estimation of the Consumption-Wealth Ratio: Cointegrating Parameter Instability and its Implications for Stock Return Forecasting}, - institution = {Columbia University}, - year = 2001, - type = {mimeo} -} - -@ARTICLE{haliassos&bertaut:fewholdstocks, - author = {Haliassos, Michael and Bertaut, Carol}, - title = {Why Do So Few Hold Stocks?}, - journal = {The Economic Journal}, - year = 1995, - volume = 105, - pages = {1110--1129} -} - -@INCOLLECTION{HaliassosMichaelides:computation, - author = {Haliassos, Michael and Michaelides, Alexander}, - title = {Calibration and Computation of Household Portfolio Models}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2002, - editor = {Guiso, Luigi and Haliassos, Michael and Japelli, Tullio}, - chapter = 2, - pages = {55--101} -} - -@ARTICLE{haliassos&michaelides:ier, - author = {Haliassos, Michael and Michaelides, Alexander}, - title = {Portfolio Choice and Liquidity Constraints}, - journal = {International Economic Review}, - year = 2003, - volume = 44, - pages = {143--177}, - number = 1, - note = {available at http://ideas.repec.org/a/ier/iecrev/v44y2003i1p143-177.html} -} - -@ARTICLE{hrw:relevance, - author = {Hall, Alastair R. and Rudebusch, Glenn D. and Wilcox, David W.}, - title = {Judging Instrument Relevance In Instrumental Variables Estimation}, - journal = {International Economic Review}, - year = 1996, - volume = 37, - pages = {283--298}, - number = 2 -} - -@ARTICLE{hall:cweak, - author = {Hall, Robert E.}, - title = {Macro Theory and the Recession of 1990-1991}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {275--279}, - number = 2 -} - -@Article{hallSubstitution, - Title = {Intertemporal Substitution in Consumption}, - Author = {Hall, Robert E.}, - Journal = {Journal of Political Economy}, - Year = 1988, - Note = {Available at {\url{http://www.stanford.edu/~rehall/Intertemporal-JPE-April-1988.pdf}}}, - Pages = {339-357}, - Volume = {XCVI}, - Owner = {Nic Johnson}, - Url = {http://www.stanford.edu/~rehall/Intertemporal-JPE-April-1988.pdf} -} - -@ARTICLE{hall&jones:ptyofnations, - author = {Hall, Robert E. and Jones, Charles I.}, - title = {Why Do Some Countries Produce So Much More Output per Worker than Others?}, - journal = {Quarterly Journal of Economics}, - year = 1999, - volume = {CXIV}, - pages = {83--116}, - month = {February} -} - -@ARTICLE{hall&jorgenson:i, - author = {Hall, Robert E. and Jorgenson, Dale}, - title = {Tax Policy and Investment Behavior}, - journal = {American Economic Review}, - year = 1967, - volume = 57, - month = {June}, - note = {Available at { \url{http://www.stanford.edu/~rehall/Tax-Policy-AER-June-1967.pdf}}} -} - -@ARTICLE{hall&mishkin:transitory, - author = {Hall, Robert E. and Mishkin, Frederic}, - title = {The Sensitivity of Consumption to Transitory Income: Evidence from PSID Households}, - journal = {Econometrica}, - year = 1982, - volume = {L}, - pages = {461--81} -} - -@BOOK{hr95, - title = {The Flat Tax}, - publisher = {Hoover Institution Press}, - year = 1995, - author = {Hall and Rabushka}, - address = {Stanford} -} - -@ARTICLE{hst99, - author = {Ham, John C. and Svejnar, Jan and Terrell, Katherine}, - title = {Women's Unemployment during Transition}, - journal = {The Economics of Transition}, - year = 1999, - volume = 7, - pages = {47--78}, - number = 1 -} - -@ARTICLE{hst98, - author = {Ham, John C. and Svejnar, Jan and Terrell, Katherine}, - title = {Unemployment and the Social Safety Net during Transitions to a Market Economy: Evidence from the {C}zech and {S}lovak Republics}, - journal = {American Economic Review}, - year = 1998, - volume = 88, - pages = {1117--42}, - number = 5 -} - -@ARTICLE{hhkCoint, - author = {Hamburg, Britta and Hoffmann, Mathias and Keller, Joachim}, - title = {Consumption, Wealth, and Business Cycles in Germany}, - journal = {Empirical Economics}, - year = 2008, - volume = 34, - pages = {451--476}, - number = 3 -} - -@TECHREPORT{hhk05, - author = {Hamburg, Britta and Hoffmann, Mathias and Keller, Joachim}, - title = {Consumption, Wealth and Business Cycles in Germany}, - institution = {Deutsche Bundesbank}, - year = 2005, - type = {discussion paper}, - number = 16 -} - -@ARTICLE{hamilton:growthcycles, - author = {Hamilton, James D}, - title = {A New Approach to the Economic Analysis of Nonstationary Time Series and the Business Cycle}, - journal = {Econometrica}, - year = 1989, - volume = 57, - pages = {357--384}, - month = {March} -} - -@ARTICLE{fhLimitations, - author = {Hamilton, James D. and Marjorie A. Flavin}, - title = {On the Limitations of Government Borrowing: A Framework for Empirical Testing}, - journal = {The American Economic Review}, - year = 1986, - volume = 76, - pages = {808--819}, - number = 4, - month = {September}, - note = {\\ \url{http://www.jstor.org/stable/1806077}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhGovBorrowing.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhGovBorrowing.pdf:PDF}, - url = {http://www.jstor.org/stable/1806077} -} - -@TECHREPORT{han04, - author = {Handjiyska, Boriana}, - title = {Adjustment of Household Inflation Expectations in Five OECD Countries}, - institution = {Johns Hopkins University}, - year = 2004, - type = {mimeo} -} - -@ARTICLE{han01, - author = {Hansen, Bruce E.}, - title = {The New Econometrics of Structural Change: Dating Breaks in U.S.\ Labor Productivity}, - journal = {Journal of Economic Perspectives}, - year = 2001, - volume = 15, - pages = {117--28}, - number = 4 -} - -@MISC{hansen:hours, - author = {Hansen, Gary D.}, - title = {Fluctuations in Total Hours Worked: A Study Using Efficiency Units}, - howpublished = {Working Paper, University of Minnesota}, - year = 1984 -} - -@ARTICLE{hansen&wright, - author = {Hansen, Gary D. and Wright, Randall}, - title = {The Labor Market in Real Business Cycle Theory}, - journal = {Federal Reserve Bank of Minneapol Quarterly Review}, - year = 1992, - volume = 16 -} - -@ARTICLE{hansen:gmm, - author = {Hansen, Lars M.}, - title = {Large Sample Properties of Generalized Method of Moments Estimators}, - journal = {Econometrica}, - year = 1982, - pages = {1029--1054} -} - -@BOOK{hlp:inequalities, - title = {Inequalities}, - publisher = {Cambridge University Press}, - year = 1967, - author = {Hardy, Godfrey Harold and Littlewood, John E. and Polya, George}, - edition = {Second} -} - -@ARTICLE{laibsonHarrisInstant, - author = {Harris, Christopher and Laibson, David I.}, - title = {Instantaneous Gratification}, - journal = {Manuscript, Harvard University}, - year = 2004 -} - -@ARTICLE{hjmrTemporal, - author = {Harrison, G.W. and Johnson, E. and McInnes, M.M. and Rutstr{\"}om, E.E.}, - title = {Temporal stability of estimates of risk aversion}, - journal = {Applied Financial Economics Letters}, - year = 2005, - volume = 1, - pages = {31--35}, - number = 1, - note = {\url{http://econpapers.repec.org/RePEc:taf:apfelt:v:1:y:2005:i:1:p:31-35}}, - abstract = {Estimates of risk aversion can be obtained from controlled laboratory experiments. The temporal stability of those preferences is assumed in many applications. This assumption is tested by eliciting risk aversion measures from subjects at two distinct times. Evidence consistent with the stability assumption is found.}, - publisher = {Routledge}, - url = {http://econpapers.repec.org/RePEc:taf:apfelt:v:1:y:2005:i:1:p:31-35} -} - -@ARTICLE{hauseYdyn, - author = {Hause, John C.}, - title = {The Fine Structure of Earnings and the On-the-Job Training Hypothesis}, - journal = {Econometrica}, - year = 1980, - volume = 48, - pages = {1013--1029}, - number = 4 -} - -@INCOLLECTION{hausmann85, - author = {Hausman, Jerry A.}, - title = {Taxes and labor supply}, - booktitle = {Handbook of Public Economics}, - publisher = {Elsevier}, - year = 1985, - editor = {Auerbach, A. J. and Feldstein, M.}, - volume = 1, - series = {Handbook of Public Economics}, - chapter = 4, - pages = {213--263} -} - -@ARTICLE{hausmanBonus, - author = {Hausman, Joshua K.}, - title = {Fiscal Policy and Economic Recovery: The Case of the 1936 Veterans’ Bonus}, - journal = {Manuscript, University of California Berkeley}, - year = 2012 -} - -@ARTICLE{hprGrowthAccel, - author = {Hausmann, Ricardo and Pritchett, Lant and Rodrik, Dani}, - title = {Growth Accelerations}, - journal = {Journal of Economic Growth}, - year = 2005, - volume = 10, - pages = {303--329}, - note = {10.1007/s10887-005-4712-0}, - abstract = {Unlike most cross country growth analyses, we focus on turning points in growth performance. We look for instances of rapid acceleration in economic growth that are sustained for at least 8 years and identify more than 80 such episodes since the 1950s. Growth accelerations tend to be correlated with increases in investment and trade, and with real exchange rate depreciations. Political-regime changes are statistically significant predictors of growth accelerations. External shocks tend to produce growth accelerations that eventually fizzle out, while economic reform is a statistically significant predictor of growth accelerations that are sustained. However, growth accelerations tend to be highly unpredictable: the vast majority of growth accelerations are unrelated to standard determinants and most instances of economic reform do not produce growth accelerations.}, - affiliation = {Harvard University John F. Kennedy School of Government USA USA}, - issn = {1381-4338}, - issue = 4, - keyword = {Business and Economics}, - publisher = {Springer Netherlands}, - url = {http://dx.doi.org/10.1007/s10887-005-4712-0} -} - -@ARTICLE{hprGrowth, - author = {Hausmann, Ricardo, Lant Pritchett and Rodrik, Dani}, - title = {Growth Accelerations}, - journal = {Journal of Economic Growth}, - year = 2005, - volume = 10, - pages = {303--329}, - number = 4 -} - -@BOOK{hayashiEconometrics, - title = {Econometrics}, - publisher = {Princeton University Press}, - year = 2000, - author = {Hayashi, Fumio} -} - -@BOOK{hayashi:understandingsaving, - title = {Understanding Saving : Evidence from the United States and Japan}, - publisher = {The MIT Press}, - year = 1997, - author = {Hayashi, Fumio}, - address = {Cambridge, Mass} -} - -@ARTICLE{hayashi:japan, - author = {Hayashi, Fumio}, - title = {Japan's Saving Rate: New Data and Reflections,}, - journal = {NBER Working Paper No. 3205}, - year = 1989 -} - -@INCOLLECTION{hayashi:apparently, - author = {Hayashi, Fumio}, - title = {Why Is Japan's Saving Rate So Apparently High?}, - booktitle = {NBER Macroeconomics Annual, 1986}, - publisher = {NBER}, - year = 1986, - address = {Cambridge} -} - -@ARTICLE{hayashi:q, - author = {Hayashi, Fumio}, - title = {Tobin's Marginal Q and Average Q: A Neoclassical Interpretation}, - journal = {Econometrica}, - year = 1982, - volume = 50, - pages = {213--224}, - number = 1, - month = {January}, - note = {Available at { \url{http://ideas.repec.org/p/nwu/cmsems/457.html}}} -} - -@ARTICLE{Heathcote:2010tw, - author = {Heathcote, Jonathan and Perri, Fabrizio and Violante, Giovanni L.}, - title = {{Unequal we stand: An empirical analysis of economic inequality in the United States, 1967--2006}}, - journal = {Review of Economic Dynamics}, - year = 2010, - volume = 13, - pages = {15--51}, - number = 1, - date-added = {2013-04-07T22:40:16GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = {{Review_of_Economic_Dynamics_2010_Heathcote.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Heathcote/Review_of_Economic_Dynamics_2010_Heathcote.pdf:application/pdf}}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Heathcote/Review_of_Economic_Dynamics_2010_Heathcote.pdf}, - rating = 0, - read = {Yes}, - uri = {\url{papers2://publication/uuid/1A5D107A-FA11-4F35-9730-DD6C33149F12}}, - url = {http://www.sciencedirect.com/science/article/pii/S1094202509000659} -} - -@ARTICLE{heaton&lucas:hetero, - author = {Heaton, John and Lucas, Deborah J.}, - title = {The Importance of Investor Heterogeneity and Financial Market Imprefections for the Behavior of Asset Prices}, - journal = {Manuscript, Northwestern University}, - year = 1994 -} - -@ARTICLE{HeckmanNobel, - author = {Heckman, James J.}, - title = {Micro Data, Heterogeneity, and the Evaluation of Public Policy: Nobel Lecture}, - journal = {Journal of Political Economy}, - year = 2001, - volume = 109, - pages = {673--748}, - number = 4, - month = {August}, - bdsk-url-1 = {http://ideas.repec.org/a/ucp/jpolec/v109y2001i4p673-748.html}, - url = {http://ideas.repec.org/a/ucp/jpolec/v109y2001i4p673-748.html} -} - -@ARTICLE{heck93, - author = {Heckman, James J}, - title = {What Has Been Learned about Labor Supply in the Past Twenty Years?}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {116--21}, - number = 2 -} - -@ARTICLE{hec79, - author = {Heckman, James J.}, - title = {Sample Selection Bias as a Specification Error}, - journal = {Econometrica}, - year = 1979, - volume = 47, - pages = {153--161}, - number = 1 -} - -@ARTICLE{heckman:life, - author = {Heckman, James J.}, - title = {A Life-Cycle Model of Earnings, Learning, and Consumption}, - journal = {Journal of Political Economy}, - year = 1976, - volume = 84, - pages = {S11--44}, - number = {4, pt. 2} -} - -@TECHREPORT{ht03, - author = {Helbling, Thomas and Terrones, Marco}, - title = {When Bubbles Burst}, - institution = {International Monetary Fund, April}, - year = 2003, - type = {{World Economic Outlook, 61--94}} -} - -@ARTICLE{orphanides:wardemocracyjpe, - author = {Hess, Gregory D. and Orphanides, Athanasios}, - title = {War and Democracy}, - journal = {Journal of Political Economy}, - year = 2001, - volume = 109, - pages = {776--810}, - number = 4, - month = {August}, - note = {available at http://ideas.repec.org/a/ucp/jpolec/v109y2001i4p776-810.html} -} - -@ARTICLE{orphanides:warpoliticsaer, - author = {Hess, Gregory D and Orphanides, Athanasios}, - title = {War Politics: An Economic, Rational-Voter Framework}, - journal = {American Economic Review}, - year = 1995, - volume = 85, - pages = {828--46}, - number = 4, - month = {September}, - note = {available at http://ideas.repec.org/a/aea/aecrev/v85y1995i4p828-46.html} -} - -@ARTICLE{Hess/Shin:1999, - author = {Hess, Gregory D. and Shin, Kwanho}, - title = {Risk sharing by households within and across regions and industries}, - journal = {Journal of Monetary Economics}, - year = 2000, - volume = 45, - pages = {533--560} -} - -@ARTICLE{Hess/Shin:1998, - author = {Hess, Gregory D. and Shin, Kwanho}, - title = {Intranational business cycles in the United States}, - journal = {Journal of International Economics}, - year = 1998, - volume = 44, - pages = {289--313}, - keywords = {Hess/Shin: 1998} -} - -@ARTICLE{hmsHousingBubbleNo, - author = {Himmelberg, Charles and Mayer, Christopher and Sinai, Todd}, - title = {Assessing High House Prices: Bubbles, Fundamentals and Misperceptions}, - journal = {Journal of Economic Perspectives}, - year = 2005, - volume = 19, - pages = {67--92}, - number = 4 -} - -@ARTICLE{hochgurtel:bufferportfolio, - author = {Hochgurtel, Stefan}, - title = {A Buffer Stock Model with Portfolio Choice: Implications of Income Risk and Liquidity Constraints}, - journal = {Manuscript, Uppsala University}, - year = 1998 -} - -@ARTICLE{htRates, - author = {Holland, A.~Steven and Toma, Mark}, - title = {The Role of the Federal Reserve as ``Lender of Last Resort'' and the Seasonal Fluctuation of Interest Rates}, - journal = {Journal of Money, Credit and Banking}, - year = 1991, - volume = 23, - pages = {659--676}, - number = 4, - month = {November}, - note = {Stable: \url{http://www.jstor.org/stable/1992702}} -} - -@BOOK{holland:adaptation, - title = {Adaptation in Natural and Artificial Systems}, - publisher = {MIT Press}, - year = 1986, - author = {Holland, John H.}, - address = {Cambridge MA} -} - -@ARTICLE{hrj:entrep, - author = {Holtz-Eakin, Douglas and Rosen, Harvey S. and Joulfaian, David}, - title = {Entrepreneurial Decisions and Liquidity Constraints}, - journal = {RAND Journal of Economics}, - year = 1994, - pages = {334--347}, - month = {Summer} -} - -@ARTICLE{hrj:sticking, - author = {Holtz-Eakin, Douglas and Rosen, Harvey S. and Joulfaian, David}, - journal = {Journal of Political Economy}, - year = 1994, - volume = 102, - pages = {53--75}, - number = 1, - month = {February} -} - -@ARTICLE{horioka:coint, - author = {Horioka, Charles Y.}, - title = {A Cointegration Analysis of the Impact of the Age Structure of the Population on the Household Saving Rate in Japan}, - journal = {Review of Economics and Statistics}, - year = 1997, - volume = 79, - pages = {511--516}, - number = 3 -} - -@ARTICLE{horioka&watanabe:whysave, - author = {Horioka, Charles Y. and Watanabe, Wako}, - title = {Why Do People Save? A Micro-Analysis of Motives for Household Saving in Japan}, - journal = {Economic Journal}, - year = 1997, - volume = 107, - pages = {537--552}, - number = 442 -} - -@INPROCEEDINGS{horowitzBootstrap, - author = {Joel L. Horowitz}, - title = {The Bootstrap}, - booktitle = {Handbook of Econometrics}, - year = 2001, - editor = {James J. Heckman and Edward Leamer}, - volume = 5, - publisher = {Elsevier/North Holland} -} - -@UNPUBLISHED{Horrigan2011, - author = {Mike Horrigan}, - title = {Household Survey Producers Workshop Opening Remarks}, - note = {CNSTAT Panel on the Redesign of the CE, June 1-2}, - month = {June 1-2}, - year = 2011 -} - -@MISC{horriganCNSTAT, - author = {Horrigan, Michael}, - title = {Official Charge to the CNSTAT Panel on Redesign of the Consumer Expenditure Survey}, - year = 2010, - bdsk-url-1 = {http://www.bls.gov/cex/redpanl1_horrigan.pdf}, - url = {http://www.bls.gov/cex/redpanl1_horrigan.pdf} -} - -@ARTICLE{hsITC, - author = {House, Christopher L. and Shapiro, Matthew D.}, - title = {Temporary Investment Tax Inventives: Theory with Evidence from Bonus Depreciation}, - journal = {American Economic Review}, - year = 2008, - volume = 98, - pages = {737--768}, - number = 3 -} - -@INCOLLECTION{houthakker:determinants, - author = {Houthakker, Hendrik S.}, - title = {On Some Determinants of Saving in Developed and Underdeveloped Countries}, - booktitle = {Problems in Economic Development}, - publisher = {MacMillan}, - year = 1965, - editor = {Robinson, E.A.G.}, - address = {London} -} - -@ARTICLE{houthakker:international, - author = {Houthakker, Hendrik S.}, - title = {An International Comparison of Personal Saving}, - journal = {Bulletin of the International Statistical Institute}, - year = 1961, - volume = 38, - pages = {55--60} -} - -@ARTICLE{hoAdaptiveC, - author = {Howitt, Peter and {\"}Omer {\"}Ozak}, - title = {Adaptive Consumption Behavior}, - journal = {Manuscript, Department of Economics, Brown University}, - year = 2010, - month = {December}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hoAdaptiveC.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hoAdaptiveC.pdf:PDF} -} - -@ARTICLE{how01, - author = {Howrey, Philip E.}, - title = {The Predictive Power of the Index of Consumer Sentiment}, - journal = {Brookings Papers on Economic Activity}, - year = 2001, - pages = {175--216}, - number = 1 -} - -@INCOLLECTION{hoynes&mcfadden:demographics, - author = {Hoynes, Hilary W. and McFadden, Daniel L.}, - title = {The Impact of Demographics on Housing and Nonhousing Wealth in the United States}, - booktitle = {The Economic Effects of Aging in the United States and Japan}, - publisher = {University of Chicago Press for NBER}, - year = 1997, - editor = {Hurd, Michael D. and Naohiro, Yashiro}, - address = {Chicago:} -} - -@INPROCEEDINGS{Hoynes1997, - author = {Hilary W. Hoynes and Daniel L. McFadden}, - title = {The Impact of Demographics on Housing and Nonhousing Wealth in the United States}, - booktitle = {The Economic Effects of Aging in the United States and Japan}, - year = 1997, - editor = {Michael D. Hurd and Yashio Naohiro}, - address = {Chicago, IL}, - publisher = {University of Chicago Press for NBER} -} - -@ARTICLE{HryshkoRIP, - author = {Hryshko, Dmytro}, - title = {RIP to HIP: The Data Reject Heterogeneous Labor Income Profiles}, - journal = {Manuscript, University of Alberta; forthcoming, {\it Quantitative Economics}}, - year = 2010 -} - -@ARTICLE{hls:shadow, - author = {Hryshko, Dmytro and Luegno-Prado, Maria and S\/orensen, Bent}, - title = {Childhood Determinants of Risk Aversion: The Long Shadow of Compulsory Education}, - journal = {Manuscript, Northeastern University}, - year = 2006 -} - -@ARTICLE{hsieh:alaska, - author = {Hsieh, Chang-Tai}, - title = {Do Consumers React to Anticipated Income Changes? Evidence from the Alaska Permanent Fund}, - journal = {American Economic Review}, - year = 2003, - volume = 99, - pages = {397--405}, - month = {March} -} - -@ARTICLE{huPortfolioHomeowners, - author = {Hu, Xiaoqing}, - title = {Portfolio Choices for Homeowners}, - journal = {Journal of Urban Economics}, - year = 2005, - volume = 58, - pages = {114--136} -} - -@INPROCEEDINGS{hsz:importance, - author = {Hubbard, R. Glenn and Skinner, Jonathan S. and Zeldes, Stephen P.}, - title = {The Importance of Precautionary Motives for Explaining Individual and Aggregate Saving}, - booktitle = {The Carnegie-Rochester Conference Series on Public Policy}, - year = 1994, - editor = {Meltzer, Allan H. and Plosser, Charles I.}, - volume = 40, - pages = {59--126} -} - -@ARTICLE{hsz:insurance, - author = {Hubbard, R. Glenn and Skinner, Jonathan S. and Zeldes, Stephen P.}, - title = {Precautionary Saving and Social Insurance}, - journal = {Journal of Political Economy}, - year = 1995, - volume = 103, - pages = {330--399} -} - -@ARTICLE{huggett:higherW, - author = {Huggett, Mark}, - title = {Precautionary Wealth Accumulation}, - journal = {Review of Economic Studies}, - year = 2004, - volume = 71, - pages = {769--781} -} - -@ARTICLE{huggett:wealth, - author = {Huggett, Mark}, - title = {Wealth Distribution in Life Cycle Economies}, - journal = {Journal of Monetary Economics}, - year = 1996, - volume = 38, - pages = {469--494}, - number = 3 -} - -@ARTICLE{huggett:riskfree, - author = {Huggett, Mark}, - title = {The Risk-Free Rate in Heterogeneous-Agents, Incomplete Markets Economies}, - journal = {Journal of Economic Dynamics and Control}, - year = 1993, - volume = 17, - pages = {953--969} -} - -@ARTICLE{huggett&ventura:understanding, - author = {Huggett, Mark and Ventura, Gustavo}, - title = {Understanding Why High Income Households Save More Than Low Income Households}, - journal = {Journal of Monetary Economics}, - year = 2000, - volume = 45, - number = 2, - month = {April} -} - -@ARTICLE{hun02, - author = {Hunt, Jennifer}, - title = {The Transition in {E}ast {G}ermany: When Is a Ten-Point Fall in the Gender Wage Gap Bad News?}, - journal = {Journal of Labor Economics}, - year = 2002, - volume = 20, - pages = {148--169}, - number = 1 -} - -@INCOLLECTION{hrCEvsCAMS, - author = {Hurd, Michael and Susann Rohwedder}, - title = {Measuring Total Household Spending in a Monthly Internet Survey: Evidence from the American Life Panel}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2013, - address = {Chicago}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrCEvsCAMS.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrCEvsCAMS.pdf:PDF} -} - -@INCOLLECTION{hrLifeCycleCAMS, - author = {Hurd, Michael and Susann Rohwedder}, - title = {Wealth Dynamics and Active Saving at Older Ages}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {CRIW, University of Chicago Press}, - year = 2013, - address = {Chicago}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrLifeCycleCAMS/Hurd-Rohwedder-with-dynamics-V4.doc:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrLifeCycleCAMS/Hurd-Rohwedder-with-dynamics-V4.doc:DOC} -} - -@ARTICLE{hurd:bequests, - author = {Hurd, Michael D.}, - title = {Savings and Bequests}, - journal = {NBER Working Paper No. 1708}, - year = 1986 -} - -@INCOLLECTION{hrHighFreq, - author = {Hurd, Michael D. and Susann Rohwedder}, - title = {High-frequency Data on Total Household Spending: Evidence from Monthly ALP Surveys}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\\ \url{http://www.nber.org/confer/2011/CRIWf11/hurd_CRIW.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrHighFreq.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrHighFreq.pdf:PDF}, - url = {http://www.nber.org/confer/2011/CRIWf11/hurd_CRIW.pdf} -} - -@ARTICLE{hlkt:precautionary, - author = {Hurst, Erik and Kennickell, Arthur and Lusardi, Annamaria and Torralba, Francisco}, - title = {Precautionary Savings and the Importance of Business Owners}, - year = 2005, - number = 11731, - month = Nov, - note = {available at http://ideas.repec.org/p/nbr/nberwo/11731.html}, - institution = {National Bureau of Economic Research, Inc}, - type = {NBER Working Papers} -} - -@ARTICLE{hurstLusardiJPE, - author = {Hurst, Erik and Lusardi, Annamaria}, - title = {Liquidity Constraints, Household Wealth, and Entrepreneurship}, - journal = {Journal of Political Economy}, - year = 2004, - volume = 112, - pages = {319--347}, - number = 2, - note = {available at http://ideas.repec.org/a/ucp/jpolec/v112y2004i2p319-347.html} -} - -@TECHREPORT{iacovielloNeriHousing, - author = {Iacoviello, Matteo and Neri, Stefano}, - title = {Housing Market Spillovers: Evidence from an Estimated DSGE Model}, - institution = {Boston College}, - year = 2007, - type = {mimeo} -} - -@ARTICLE{ipsUnitHetero, - author = {Im, Kyung So and Pesaran, M. Hashem and Shin, Yongcheol}, - title = {Testing for Unit Roots in Heterogeneous Panels}, - journal = {Journal of Econometrics}, - year = 2003, - volume = 115, - pages = {53--74} -} - -@INBOOK{IMFweo2012, - chapter = 3, - title = {World Economic Outlook, 2012}, - publisher = {International Monetary Fund}, - year = 2012, - author = {{International Monetary Fund}}, - month = {April}, - note = {Available at \url{http://www.imf.org/external/pubs/ft/weo/2012/01/pdf/text.pdf}}, - file = {IMFweo2012.pdf:IMFweo2012.pdf:PDF}, - url = {\url{http://www.imf.org/external/pubs/ft/weo/2012/01/pdf/text.pdf}} -} - -@TECHREPORT{imf06, - author = {{International Monetary Fund}}, - title = {Japan: Report on the Observance of Standards and Codes---Data Module, Response by the Authorities, and Detailed Assessments Using the Data Quality Assessment Framework (DQAF)}, - institution = {International Monetary Fund}, - year = 2006, - type = {IMF Country Report}, - number = {06/115}, - note = {March} -} - -@ARTICLE{irelandTaking, - author = {Ireland, Peter N.}, - title = {A Method for Taking Models to the Data}, - journal = {Journal of Economic Dynamics and Control}, - year = 2004, - volume = 28, - pages = {1205--1226} -} - -@BOOK{irigoen:solutions, - title = {Solutions Manual for Recursive Methods in Economic Dynamics}, - publisher = {Harvard University Press}, - year = 2002, - author = {Irigoyen, Claudio and Rossi-Hansberg, Esteban and Wright, Mark L. J.} -} - -@TECHREPORT{ikk05, - author = {Ivanova, Anna and Keen, Michael and Klemm, Alexander}, - title = {The Russian Flat Tax Reform}, - institution = {International Monetary Fund, Washington, DC}, - year = 2005, - type = {working paper}, - number = 15 -} - -@ARTICLE{ivd:monetarypolicy, - author = {Ivo, Arnold and Els, Peter Van and de Haan, Jakob}, - title = {Wealth Effects and Monetary Policy}, - journal = {De Nederlandsche Bank Research Memorandum 719}, - year = 2002 -} - -@BOOK{Jacobs:1969, - title = {The Economy of Cities}, - publisher = {New York: Vintage}, - year = 1969, - author = {Jacobs, Jane} -} - -@ARTICLE{Jagannathan:Kubota:Takehara:1998, - author = {Jagannathan, Ravi and Kubota, Keiichi and Takehara, Hitoshi}, - title = {Relationship between Labor-Income Risk and Average Return: Empirical Evidence from the Japanese Stock Market}, - journal = {Journal of Business}, - year = 1998, - volume = 71, - pages = {319--47}, - number = 3, - month = {July} -} - -@INCOLLECTION{jaher:gilded, - author = {Jaher, Frederic Cople}, - title = {The Gilded Elite: American Multimillionaires, 1865 to the Present}, - booktitle = {Wealth and the Wealthy in the Modern World}, - publisher = {Croon Helm}, - year = 1980, - editor = {Rubinstein, W.~D.~}, - address = {London} -} - -@TECHREPORT{jahoda04, - author = {Jahoda, Robert}, - title = {Interaction of the Social and Tax Systems and Work Incentives ({I}nterakce socialniho a danoveho systemu a pracovni pobidky)}, - institution = {VUPSV Praha}, - year = 2004, - type = {Working Paper}, - note = {In Czech} -} - -@ARTICLE{jappelli:whoisconstr, - author = {Jappelli, Tullio}, - title = {Who is Credit Constrained in the U.S. Economy?}, - journal = {Quarterly Journal of Economics}, - year = 1990, - volume = 105, - pages = {219--34}, - number = 1 -} - -@article{jappelliPistaferri_FPMPC, - author = {Jappelli, Tullio and Pistaferri, Luigi}, - title = {Fiscal Policy and MPC Heterogeneity}, - journal = {AEJ: Marcoeconomics}, - volume = 6, - number = 4, - pages = {107--36}, - year = 2014, -} - -@article{JRreserves, - title = {The Optimal Level of Reserves for Emerging Market Countries: Formulas and Applications}, - author = {Olivier Jeanne and Romain Ranci\`{e}re}, - journal = {Economic Journal}, - volume = 121, - number = 555, - pages = {905-930}, - year = 2011 -} - -@ARTICLE{JRreserves-CEPRWP, - author = {Jeanne, Olivier and Ranci\`ere, Romain}, - title = {The Optimal Level of Reserves for Emerging Market Countries: a New Formula and Some Applications}, - journal = {CEPR Discussion Paper}, - year = 2008, - number = 6723 -} - -@MISC{jeffersonOLG, - author = {Jefferson, Thomas}, - title = {`The Earth Belongs to the Living': A Letter to James Madison}, - howpublished = {\url{http://infomotions.com/etexts/literature/american/1700-1799/jefferson-letters-256.htm}}, - month = {September}, - year = 1789, - address = {Paris}, - day = 6 -} - -@ARTICLE{jensen&shore, - author = {Jensen, Shane T. and Shore, Stephen H.}, - title = {Changes in the Distribution of Income Volatility}, - journal = {Manuscript}, - year = 2008 -} - -@comment{Jermann1998Old} -@comment{jermann:assetpricing} -@comment{jermann:assetPricing} - -@ARTICLE{jermannProduction, - author = {Jermann, Urban J.}, - title = {Asset Pricing in Production Economies}, - journal = {Journal of Monetary Economics}, - year = 1998, - volume = 42, - pages = {257--75}, - number = 2, - month = {April} -} - -@INCOLLECTION{johnson&eller:inhtax, - author = {Johnson, Barry and Eller, Marthat Britton}, - title = {Federal Taxation of Inheritance and Wealth Transfers}, - booktitle = {Turing Administrative Systems into Information Systems 1996-1997}, - publisher = {Internal Revenue Service}, - year = 1998, - address = {Washington, DC} -} - -@ARTICLE{jpsTax, - author = {Johnson, David S. and Parker, Jonathan A. and Souleles, Nicholas S.}, - title = {Household Expenditure and the Income Tax Rebates of 2001}, - journal = {American Economic Review}, - year = 2006, - volume = 96, - pages = {1589--1610}, - number = 5, - month = {December}, - bdsk-url-1 = {http://ideas.repec.org/a/aea/aecrev/v96y2006i5p1589-1610.html}, - url = {http://ideas.repec.org/a/aea/aecrev/v96y2006i5p1589-1610.html} -} - -@ARTICLE{jdMetrics, - author = {Johnston, J. and DiNardo, J.}, - title = {Econometric Methods}, - journal = {Econometric Theory}, - year = 2000, - volume = 16, - pages = {139--142} -} - -@ARTICLE{jol02, - author = {Jolliffe, Dean}, - title = {The Gender Wage Gap in {B}ulgaria: A Semiparametric Estimation of Discrimination}, - journal = {Journal of Comparative Economics}, - year = 2002, - volume = 30, - pages = {276--295}, - number = 2 -} - -@ARTICLE{jmr:opttax, - author = {{Jones, L.~E., Rodolfo E.~Manuelli} and {P.~E.~Rossi}}, - title = {Optimal Taxation in Models of Endogenous Growth}, - journal = {Journal of Political Economy}, - year = 1993, - volume = 101, - pages = {485--517}, - number = 3 -} - -@ARTICLE{joulfaian:estatetax, - author = {Joulfaian, David}, - title = {The Federal Estate and Gift Tax: Description, Profile of Taxpayers, and Economic Consequences}, - journal = {Department of the Treasury, Office of Tax Analysis, OTA Paper 80}, - year = 1998 -} - -@ARTICLE{jedc_ksVolume, - author = {{Journal of Economic Dynamics and Control}}, - title = {Computational Suite of Models with Heterogeneous Agents: Incomplete Markets and Aggregate Uncertainty}, - journal = {edited by Wouter J. Den Haan, Kenneth L. Judd, Michel Juillard}, - year = 2010, - volume = 34, - pages = {1--100}, - number = 1 -} - -@ARTICLE{jwHousing, - author = {G. Donald Jud and Daniel T. Winkler}, - title = {The Dynamics of Metropolitan Housing Prices}, - journal = {Journal of Real Estate Research}, - year = 2002, - volume = 23, - pages = {29--45} -} - -@BOOK{judd:book, - title = {Numerical Methods in Economics}, - publisher = {The MIT Press}, - year = 1998, - author = {Judd, Kenneth L.}, - address = {Cambridge, Massachusetts} -} - -@MISC{judd:stoch, - author = {Judd, Kenneth L.}, - title = {Optimal Taxation in Dynamic Stochastic Economies: Theory and Evidence}, - howpublished = {Working Paper}, - year = 1990 -} - -@ARTICLE{jur05, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n}, - title = {Gender Segregation and Wage Gap: An {E}ast--{W}est Comparison}, - journal = {Journal of the European Economic Association}, - year = 2005, - volume = 3, - pages = {598--607}, - number = {2--3} -} - -@ARTICLE{jur03, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n}, - title = {Gender Wage Gap and Segregation in Enterprises and the Public Sector in Late Transition Countries}, - journal = {Journal of Comparative Economics}, - year = 2003, - volume = 31, - pages = {199--222}, - number = 2 -} - -@ARTICLE{jh07, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n and Harmgart, Heike}, - title = {When Do Female Occupations Pay More?}, - journal = {Journal of Comparative Economics}, - year = 2007, - volume = 35, - pages = {170--187}, - number = 1 -} - -@TECHREPORT{jz05, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n and {Zubrick{\'}y}, Jozef}, - title = {Employment Incentives in the {C}zech {R}epublic: Comparing Current and Proposed Social Support Systems}, - institution = {CERGE--EI}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{jlss:wealtheffect, - author = {Juster, F. Thomas and Lupton, Joseph and Smith, James P. and Stafford, Frank}, - title = {The Decline in Household Saving and Wealth Effect}, - journal = {Mimeo, University of Michigan}, - year = 2001 -} - -@TECHREPORT{Juster2001, - author = {F. Thomas Juster and Joseph Lupton and James P. Smith and Frank Stafford}, - title = {The Decline in Household Saving and Wealth Effect}, - institution = {University of Michigan}, - year = 2001, - type = {mimeo} -} - -@ARTICLE{juststaff91, - author = {Juster, Thomas F and Stafford, Frank P}, - title = {The Allocation of Time: Empirical Findings, Behavioral Models, and Problems of Measurement}, - journal = {Journal of Economic Literature}, - year = 1991, - volume = 29, - pages = {471--522}, - number = 2 -} - -@BOOK{kahnemanThinking, - title = {Thinking, Fast and Slow}, - publisher = {Farrar, Straus and Giroux}, - year = 2011, - author = {Kahneman, D.}, - note = {\url{http://books.google.com/books?id=SHvzzuCnuv8C}}, - isbn = 9780374275631, - lccn = 2011027143, - url = {http://books.google.com/books?id=SHvzzuCnuv8C} -} - -@ARTICLE{kws:bentham, - author = {Kahneman, Danny and Wakker, Peter P. and Sarin, Rakesh}, - title = {Back to Bentham? Explorations of Experienced Utility}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = 112, - pages = {375--406} -} - -@ARTICLE{kcFourthDimension, - author = {Kalton, G. and Citro, C.F.}, - title = {Panel surveys: adding the fourth dimension}, - journal = {Innovation: The European Journal of Social Science Research}, - year = 1995, - volume = 8, - pages = {25--39}, - number = 1, - publisher = {Taylor and Francis} -} - -@ARTICLE{krBoE, - author = {Kamath, Kishore and Kate Reinhold}, - title = {The Financial Position of British Households: Evidence from the 2011 NMG Consulting Survey}, - journal = {Bank of England Quarterly Bulletin}, - year = 2011, - month = {Q4} -} - -@ARTICLE{kwb:dynamics, - author = {Kapteyn, Arie and Wansbeek, Tom J. and Buyze, J.}, - title = {The Dynamics of Preference Formation}, - journal = {Journal of Economic Behavior and Organization}, - year = 1980, - volume = 1, - pages = {123--157} -} - -@ARTICLE{Karahan:2012gm, - author = {Karahan, Fatih and Ozkan, Serdar}, - title = {{On the persistence of income shocks over the life cycle: Evidence, theory, and implications}}, - journal = {Review of Economic Dynamics}, - year = 2012, - pages = {1--25}, - month = aug, - abstract = {Review of Economic Dynamics, 10.1016/j.red.2012.08.001}, - date-added = {2013-04-07T22:40:13GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - doi = {10.1016/j.red.2012.08.001}, - file = {{Review_of_Economic_Dynamics_2012_Karahan.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Karahan/Review_of_Economic_Dynamics_2012_Karahan.pdf:application/pdf}}, - keywords = {Idiosyncratic earnings risk, Incomplete markets models, Earnings persistence, Consumption insurance}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Karahan/Review_of_Economic_Dynamics_2012_Karahan.pdf}, - rating = 0, - uri = {\url{papers2://publication/doi/10.1016/j.red.2012.08.001}}, - url = {http://dx.doi.org/10.1016/j.red.2012.08.001} -} - -@ARTICLE{ksw:liabs, - author = {Kasten, Richard and Sammartino, Frank and Weiner, David}, - title = {Estimates of Federal Tax Liabilities for Individuals and Families By Income Category and Family Type for 1995 and 1999}, - journal = {Congressional Budget Office, Report to the House and Senate Budget Committees and the House Ways and Means Committee}, - year = 1998, - note = {Avilable at http://www.cbo.gov/showdoc.cfm?index=527\&sequence=0\&from=1 as of May 23, 2000} -} - -@ARTICLE{kazarosian:restat, - author = {Kazarosian, Mark}, - title = {Precautionary Savings -- A Panel Study}, - journal = {Review of Economics and Statistics}, - year = 1997, - volume = 79, - pages = {241--247}, - number = 2 -} - -@TECHREPORT{keen05, - author = {Keen, Benjamin D.}, - title = {Sticky Price and Sticky Information Price Setting Models: What is the Difference?}, - institution = {University of Oklahoma}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{KennickellLusardiDisentangling, - author = {Kennickell, Arthur and Lusardi, Annamaria}, - title = {Disentangling the Importance of the Precautionary Saving Motive}, - journal = {Working Paper, Dartmouth College}, - year = 2005, - month = {December} -} - -@TECHREPORT{kennickellCurrents, - author = {Kennickell, Arthur B.}, - title = {Currents and Undercurrents: Changes in the Distribution of Wealth, 1989-2004}, - institution = {Federal Reserve Board}, - year = 2006, - address = {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2001.10.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2001.10.pdf}}, - month = {June} -} - -@TECHREPORT{Kennickell:1998, - author = {Kennickell, Arthur B.}, - title = {List Sample Design for 1998 Survey of Consumer Finances}, - institution = {Federal Reserve Board}, - year = 2006, - address = {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/listsample.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/listsample.pdf}} -} - -@TECHREPORT{KennickellB:2006, - author = {Kennickell, Arthur B.}, - title = {How Do We Know If We Aren't Looking? An Investigation Of Data Quality in the 2004 SCF}, - institution = {Federal Reserve Board}, - year = 2006, - address = {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/asa2006.3.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/asa2006.3.pdf}}, - month = {September} -} - -@TECHREPORT{Kennickell:2003, - author = {Kennickell, Arthur B.}, - title = {A Rolling Tide: Changes in the Distribution of Wealth in the U.S., 1989-2001}, - institution = {Federal Reserve Board}, - year = 2003, - address = {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2004.5.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2004.5.pdf}} -} - -@ARTICLE{kennickell:wealth, - author = {Kennickell, Arthur B.}, - title = {An Examination of Changes in the Distribution of Wealth From 1989 to 1998: Evidence from the Survey of Consumer Finances}, - journal = {Manuscript Prepared for Conference on Saving, Intergenerational Transfers, and the Distribution of Wealth, Bard College, June 7-9, 2000}, - year = 2000 -} - -@TECHREPORT{Kennickell:1999, - author = {Kennickell, Arthur B.}, - title = {Revisions to the SCF Weighting Methodology: Accounting for Race/Ethnicity and Homeownership}, - institution = {Federal Reserve Board}, - year = 1999, - address = {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/weight.revision.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/weight.revision.pdf}} -} - -@ARTICLE{kennickell&lusardi:scfquestions, - author = {Kennickell, Arthur B. and Lusardi, Annamaria}, - title = {Assessing the Importance of the Precautionary Saving Motive: Evidence from the 1995 SCF}, - journal = {Manuscript, Board of Governors of the Federal Reserve System}, - year = 1999 -} - -@ARTICLE{scf:focusgroup, - author = {{Kennickell, Arthur B.}, {Martha Starr-McCluer} and {Annika Sunden}}, - title = {Saving and Financial Planning: Some Findings from a Focus Group}, - journal = {Manuscript, Board of Governors of the Federal Reserve System}, - year = 1995 -} - -@ARTICLE{kermack&mckendrick:disease, - author = {Kermack, W. O. and McKendrick, A. G.}, - title = {Contributions to the Mathematical Theory of Epidemics}, - journal = {Proceedings of the Royal Academy of Sciences A}, - year = 1927, - volume = 115, - pages = {700--721} -} - -@BOOK{keynes:generaltheory, - title = {The General Theory of Employment, Interest, and Money}, - publisher = {Harcourt, Brace}, - year = 1936, - author = {Keynes, John Maynard} -} - -@ARTICLE{wealthLit, - author = {Khalifa, Sherif}, - title = {Brief Summaries of Principal Papers on Housing Wealth Effects}, - journal = {Manuscript, Johns Hopkins University}, - year = 2004, - month = {January}, - note = {Available at { \url{https://www.econ2.jhu.edu/people/ccarroll/wealthLit.html}}}, - howpublished = {url} -} - -@ARTICLE{kz06, - author = {Hashmat Khan and Zhenhua Zhu}, - title = {Estimates of the Sticky-Information Phillips Curve for the United States}, - journal = {Journal of Money, Credit and Banking}, - year = 2006, - volume = 38, - pages = {195--207}, - number = 1 -} - -@TECHREPORT{kz02, - author = {Hashmat Khan and Z. Zhu}, - title = {Estimates of the Sticky Information Phillips Curve for the United States, Canada, and the United Kingdom}, - institution = {Bank of Canada}, - year = 2002, - type = {working paper}, - volume = 19 -} - -@ARTICLE{khwajaMianTracing, - author = {Khwaja, Asim Ijaz and Mian, Atif}, - title = {Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market}, - journal = {Manuscript, Kennedy School of Government, Harvard University}, - year = 2008 -} - -@TECHREPORT{kiley05, - author = {Michael T. Kiley}, - title = {A Quantitative Comparison of Sticky-Price and Sticky-Information Models of Price Setting}, - institution = {Federal Reserve Board}, - year = 2005, - type = {mimeo} -} - -@BOOK{killingsworth83, - title = {Labor supply}, - publisher = {Cambridge: Cambridge University Press}, - year = 1983, - author = {Killingsworth, Mark R.} -} - -@ARTICLE{kim, - author = {Kim, Jinill and Kim, Sunghyun Henry and Kollmann, Robert}, - title = {Solving the Incomplete Market Model with Aggregate Uncertainty Using a Perturbation Method}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {50--58}, - number = 1, - month = {January} -} - -@ARTICLE{kimball:standardra, - author = {Kimball, Miles S.}, - title = {Standard Risk Aversion}, - journal = {Econometrica}, - year = 1993, - volume = 61, - pages = {589--611}, - number = 3, - month = may -} - -@ARTICLE{kimball:mpc, - author = {Kimball, Miles S.}, - title = {Precautionary Saving and the Marginal Propensity to Consume}, - journal = {NBER Working Paper Number 3403}, - year = 1990 -} - -@ARTICLE{kimball:smallandlarge, - author = {Kimball, Miles S.}, - title = {Precautionary Saving in the Small and in the Large}, - journal = {Econometrica}, - year = 1990, - volume = 58, - pages = {53--73} -} - -@ARTICLE{kimball&mankiw:timing, - author = {Kimball, Miles S and Mankiw, N Gregory}, - title = {Precautionary Saving and the Timing of Taxes}, - journal = {Journal of Political Economy}, - year = 1989, - volume = 97, - pages = {863--79}, - number = 4, - month = {August}, - bdsk-url-1 = {http://ideas.repec.org/a/ucp/jpolec/v97y1989i4p863-79.html}, - url = {http://ideas.repec.org/a/ucp/jpolec/v97y1989i4p863-79.html} -} - -@ARTICLE{kssImputing, - author = {Kimball, Miles S. and Sahm, Claudia R. and Shapiro, Matthew D.}, - title = {Imputing Risk Tolerance from Survey Responses}, - journal = {Journal of the American Statistical Association}, - year = 2008, - volume = 103, - pages = {1028--1038}, - number = 483, - note = {\url{http://pubs.amstat.org/doi/pdf/10.1198/016214508000000139}}, - abstract = {Economic theory assigns a central role to risk preferences. This article develops a measure of relative risk tolerance using responses tohypothetical income gambles in the Health and Retirement Study. In contrast to most survey measures that produce an ordinal metric, thisarticle shows how to construct a cardinal proxy for the risk tolerance of each survey respondent. The article also shows how to accountfor measurement error in estimating this proxy and how to obtain consistent regression estimates despite the measurement error. The risktolerance proxy is shown to explain differences in asset allocation across households.}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kssImputing.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kssImputing.pdf:PDF}, - publisher = {ASA}, - url = {http://pubs.amstat.org/doi/pdf/10.1198/016214508000000139} -} - -@ARTICLE{KimballWeil:Poss, - author = {Kimball, Miles S. and Weil, Philippe}, - title = {Precautoinary Saving and Consumption Smoothing Across Time and Possibilities}, - journal = {Manuscript, University of Michigan}, - year = 2004, - month = {September} -} - -@BOOK{kindleberger, - title = {Manias, Panics, and Crashes: A History of Financial Crises}, - publisher = {Wiley}, - year = 2005, - author = {Kindleberger, Charles P.}, - note = {5th Edition} -} - -@ARTICLE{king&leape:ageinfo, - author = {King, Mervyn and Leape, Jonathan}, - title = {Asset Accumulation, Information, and the Life Cycle}, - journal = {NBER Working Paper No. 2392}, - year = 1984 -} - -@INPROCEEDINGS{klCapital, - author = {King, Robert G. and Levine, Ross}, - title = {Capital Fundamentalism, Economic Development, and Economic Growth}, - booktitle = {Carnegie-Rochester Conference Series on Public Policy}, - year = 1994, - volume = 40, - pages = {259--292}, - organization = {Elsevier} -} - -@ARTICLE{kpr:prodn, - author = {King, Robert G. and Plosser, Charles I. and Rebelo, Sergio T.}, - title = {Production, Growth, and Business Cycles, {I}: The Basic Neoclassical Model and {II}: New Directions}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 21, - pages = {195--232 and309--341}, - number = {2/3} -} - -@ARTICLE{king&rebelo:trans, - author = {King, Robert G. and Rebelo, Sergio T.}, - title = {Transitional Dynamics and Economic Growth in the Neoclassical Model}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {908--931}, - number = 4, - note = {Available at { \url{http://ideas.repec.org/a/aea/aecrev/v83y1993i4p908-31.html}}} -} - -@ARTICLE{king&levine:crcs, - author = {{King, Robert G.} and {Levine, Ross E.}}, - title = {Capital Fundamentalism}, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = 1994, - volume = 40, - month = {June} -} - -@ARTICLE{king&rebelo:neo, - author = {{King, Robert G.} and {Sergio T. Rebelo}}, - title = {Public Policy and Economic Growth: Developing the Neoclassical Implications}, - journal = {Journal of Political Economy}, - year = 1990, - volume = 98, - pages = {S126--S150}, - number = {5, pt 2} -} - -@ARTICLE{kirman1992whom, - author = {Kirman, Alan P.}, - title = {{Whom or What Does the Representative Individual Represent?}}, - journal = {The Journal of Economic Perspectives}, - year = 1992, - volume = 6, - pages = {117--136}, - number = 2, - publisher = {JSTOR} -} - -@ARTICLE{klenow&r-c:toofar, - author = {Klenow, Peter J. and Rodr{\'}{i}guez-Clare, Andr{\'}{e}s}, - title = {The Neoclassical Revival in Growth Economics: Has It Gone Too Far?}, - journal = {NBER Macroeconomics Annual, 1997}, - year = 1997, - pages = {73--103} -} - -@ARTICLE{kocherlakota:stillapuzzle, - author = {Kocherlakota, Narayana}, - title = {The Equity Premium: It's Still a Puzzle}, - journal = {Journal of Economic Literature}, - year = 1996, - volume = {XXXIV}, - number = 1, - month = {March} -} - -@INCOLLECTION{knvSurveyVsAdminSweden, - author = {Koijen, Ralph and Stijn van Nieuwerburgh and Roine Vestman}, - title = {Judging the Quality of Survey Data by Comparison with ``Truth'' as Measured By Administrative Records: Evidence from Sweden}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2013, - address = {Chicago}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvSurveyVsAdminSweden.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvSurveyVsAdminSweden.pdf:PDF} -} - -@INCOLLECTION{knvAdminSurveySweden, - author = {Koijen, Ralph and Stijn Van Nieuwerburgh and Roine Vestman}, - title = {Judging the Quality of Survey Data by Comparison with ``Truth'' as Measured By Administrative Records: Evidence from Sweden}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\\ \url{http://nber.org/confer/2011/CRIWf11/Koijen_Van_Nieuwerburgh_Vestman.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvAdminSurveySweden.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvAdminSurveySweden.pdf:PDF}, - url = {http://www.nber.org/confer/2011/CRIWf11/Koijen_Van_Nieuwerburgh_Vestman.pdf} -} - -@INCOLLECTION{knvTruth, - author = {Koijen, Ralph and S. Van Nieuwerburgh and Roine Vestman}, - title = {Judging the Quality of Survey Data by Comparison with Truth as Measured By Administrative Records: Evidence from Sweden}, - booktitle = {Forthcoming in {\it Improving the Measurement of Household Expenditures}}, - publisher = {Chicago: University of Chicago Press}, - year = 2013, - editors = {Christopher Carroll, Thomas Crossley, and John Sabelhaus} -} - -@INCOLLECTION{koopmans:growth, - author = {Koopmans, Tjalling C.}, - title = {On the concept of optimal economic growth}, - booktitle = {(Study Week on the) Econometric Approach to Development Planning}, - publisher = {North-Holland Publishing Co., Amsterdam}, - year = 1965, - chapter = 4, - pages = {225--87} -} - -@ARTICLE{kssInequalitySince1937, - author = {Kopczuk, Wojciech and Emmanuel Saez and Jae Song}, - title = {Earnings Inequality and Mobility in the United States: Evidence from Social Security Data since 1937*}, - journal = {Quarterly Journal of Economics}, - year = 2010, - volume = 125, - pages = {91--128}, - number = 1, - publisher = {MIT Press} -} - -@ARTICLE{kopecky2010finite, - author = {Kopecky, Karen A. and Suen, Richard M.H.}, - title = {Finite State Markov-Chain Approximations To Highly Persistent Processes}, - journal = {Review of Economic Dynamics}, - year = 2010, - volume = 13, - pages = {701--714}, - number = 3, - note = {\url{http://www.karenkopecky.net/RouwenhorstPaper.pdf}}, - bdsk-url-1 = {http://www.karenkopecky.net/RouwenhorstPaper.pdf}, - publisher = {Elsevier}, - url = {http://www.karenkopecky.net/RouwenhorstPaper.pdf} -} - -@TECHREPORT{kor05, - author = {Korenok, Oleg}, - title = {Empirical Comparison of Sticky Price and Sticky Information Models}, - institution = {Virginia Commonwealth University}, - year = 2005, - type = {mimeo} -} - -@BOOK{kotlikoff&smith:pensions, - title = {Pensions in the American Economy}, - publisher = {University of Chicago Press}, - year = 1983, - author = {Kotlikoff, Laurence J. and Smith, Daniel E.} -} - -@ARTICLE{kotlikoff&summers:wealth, - author = {Kotlikoff, Laurence J. and Summers, Lawrence H.}, - title = {The Role of Intergenerational Transfers in Aggregate Capital Accumulation}, - journal = {Journal of Public Economics}, - year = 1981, - volume = 89, - pages = {706--32}, - number = 4 -} - -@TECHREPORT{ko05, - author = {Krajcir, Zdenko and Ludovit, Odor}, - title = {First Year of the Tax Reform, or 19 Percent at Work (Prvy rok danovej reformy alebo 19\%\ v akcii)}, - institution = {Institut financnej politiky, Ministerstvo financii SR, Bratislava}, - year = 2005, - type = {working paper}, - number = 8, - note = {in Slovak} -} - -@ARTICLE{krebs:qje, - author = {Krebs, Tom}, - title = {Human Capital Risk And Economic Growth}, - journal = {The Quarterly Journal of Economics}, - year = 2003, - volume = 118, - pages = {709--744}, - number = 2, - month = {May}, - note = {available at http://ideas.repec.org/a/tpr/qjecon/v118y2003i2p709-744.html} -} - -@ARTICLE{krebs:red, - author = {Krebs, Tom}, - title = {Growth and Welfare Effects of Business Cycles in Economies with Idiosyncratic Human Capital Risk}, - journal = {Review of Economic Dynamics}, - year = 2003, - volume = 6, - pages = {846--868}, - number = 4, - month = {October}, - note = {available at http://ideas.repec.org/a/red/issued/v6y2002i2p846-868.html} -} - -@ARTICLE{krebs:jmathe, - author = {Krebs, Tom}, - title = {Endogenous probabilities and the information revealed by prices}, - journal = {Journal of Mathematical Economics}, - year = 2001, - volume = 36, - pages = {1--18}, - number = 1, - month = 9, - note = {available at http://ideas.repec.org/a/eee/mateco/v36y2001i1p1-18.html} -} - -@ARTICLE{krebs:econlett, - author = {Krebs, Tom}, - title = {Information and asset prices in complete markets exchange economies}, - journal = {Economics Letters}, - year = 1999, - volume = 65, - pages = {75--83}, - number = 1, - month = 10, - note = {available at http://ideas.repec.org/a/eee/ecolet/v65y1999i1p75-83.html} -} - -@ARTICLE{krebs:jet, - author = {Krebs, Tom}, - title = {Statistical Equilibrium in One-Step Forward Looking Economic Models}, - journal = {Journal of Economic Theory}, - year = 1997, - volume = 73, - pages = {365--394}, - number = 2, - month = 4, - note = {available at http://ideas.repec.org/a/eee/jetheo/v73y1997i2p365-394.html} -} - -@ARTICLE{Maloney:2007vd, - author = {Tom Krebs and Pravin Krishna and William Maloney}, - title = {Human Capital, Trade Liberalization, and Income Risk}, - journal = {Research Working papers}, - year = 2007, - abstract = {Abstract: Using data from Mexico, the authors study empirically the link between trade policy and individual income risk and the extent to which this varies across workers of different human capital (education) levels. They use longitudinal income data on workers to ...}, - date-added = {2013-04-07T22:40:17GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = {{2007_Maloney.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2007/Maloney/2007_Maloney.pdf:application/pdf}}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2007/Maloney/2007_Maloney.pdf}, - rating = 0, - uri = {\url{papers2://publication/uuid/108309CC-3CD5-4F25-A62F-BF62FF0D7B50}}, - url = {http://www.ingentaconnect.com/content/wb/wps4301/2007/00000001/00000001/art04276} -} - -@TECHREPORT{leth-petersen:liquidity, - author = {Claus Thustrup Kreiner and David Dreyer Lassen and {S\o ren} Leth-Petersen}, - title = {Heterogeneous Responses and Aggregate Impact of the 2001 Income Tax Rebates}, - institution = {CEPR}, - year = 2012, - type = {discussion paper}, - number = 9161 -} - -@INCOLLECTION{kllSurveyVsAdminDenmark, - author = {Kreiner, Claus Thustrup and David Dreyer Lassen and S{\o}ren Leth-Petersen}, - title = {Examples of Combining Administrative Records and Survey Data in Validation Studies}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\url{http://www.nber.org/confer/2011/CRIWf11/Leth-Petersen.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kllSurveyVsAdminDenmark.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kllSurveyVsAdminDenmark.pdf:PDF}, - url = {http://www.nber.org/confer/2011/CRIWf11/Leth-Petersen.pdf} -} - -@ARTICLE{kreinin:mpc, - author = {Kreinin, Mordecai E.}, - title = {Windfall Income and Consumption: Additional Evidence}, - journal = {American Economic Review}, - year = 1961, - volume = 51, - pages = {388--390} -} - -@ARTICLE{kremer:unionsasdisease, - author = {Kremer, Michael}, - title = {An Epidemiological Model of Unions}, - journal = {Manuscript, Harvard University}, - year = 2000 -} - -@ARTICLE{KrepsPorteus:Prefs, - author = {Kreps, David M. and Porteus, Evan L.}, - title = {Temporal Resolution of Uncertainty and Dynamic Choice Theory}, - journal = {Econometrica}, - year = 1978, - volume = 46, - pages = {185--200}, - month = {January} -} - -@ARTICLE{kpInequality, - author = {Krueger, Dirk and Perri, Fabrizio}, - title = {Does Income Inequality Lead to Consumption Inequality? Evidence and Theory}, - journal = {The Review of Economic Studies}, - year = 2006, - volume = 73, - pages = {163--193}, - number = 1, - publisher = {Oxford University Press} -} - -@Misc{krugmanHistory, - Title = {Economics in the Crisis}, - Author = {Krugman, Paul}, - HowPublished = {Commencement Address, University of Lisbon}, - Month = {March}, - Note = {\url{http://krugman.blogs.nytimes.com/2012/03/05/economics-in-the-crisis/}}, - Year = 2012, - file = {krugmanHistory.pdf:krugmanHistory.pdf:PDF}, - Owner = {Nic Johnson}, - Url = {http://krugman.blogs.nytimes.com/2012/03/05/economics-in-the-crisis/} -} - -@ARTICLE{krugmanPostmodern, - author = {Krugman, Paul}, - title = {Postmodern Business Cycles}, - journal = {New York Times}, - year = 2012, - month = {January}, - note = {\url{http://krugman.blogs.nytimes.com/2012/01/27/postmodern-business-cycles/}}, - url = {http://krugman.blogs.nytimes.com/2012/01/27/postmodern-business-cycles/} -} - -@MISC{krugmanDarkAgeBlog, - author = {Krugman, Paul}, - title = {A Dark Age of Macroeconomics}, - howpublished = {\url{http://krugman.blogs.nytimes.com/2009/01/27/a-dark-age-of-macroeconomics-wonkish/}}, - year = 2009, - journal = {New York Times}, - number = {January 27}, - type = {Blog} -} - -@ARTICLE{krugmanThoughts, - author = {Krugman, Paul}, - title = {Thoughts About Thinking}, - journal = {The Economist's View}, - year = 2008, - note = {Available at {\url{http://economistsview.typepad.com/economistsview/2008/10/thoughts-about.html}}}, - bdsk-url-1 = {http://economistsview.typepad.com/economistsview/2008/10/thoughts-about.html}, - url = {http://economistsview.typepad.com/economistsview/2008/10/thoughts-about.html} -} - -@MISC{krugmanHousingBubble, - author = {Krugman, Paul}, - title = {That Hissing Sound}, - howpublished = {New York Times Column}, - month = {August}, - year = 2005, - bdsk-url-1 = {http://www.nytimes.com/2005/08/08/opinion/08krugman.html}, - day = 8, - url = {http://www.nytimes.com/2005/08/08/opinion/08krugman.html} -} - -@ARTICLE{ks99, - author = {Krusell, Per and Smith, Jr., Anthony A.}, - title = {On the Welfare Effects of Eliminating Business Cycles}, - journal = {Review of Economic Dynamics}, - year = 1999, - volume = 2, - pages = {245--272} -} - -@ARTICLE{kcGenesRisk, - author = {Kuhnen, Camelia M. and Chiao, Joan Y.}, - title = {Genetic Determinants of Financial Risk Taking}, - journal = {PLoS ONE}, - year = 2009, - volume = 4, - pages = {e4362}, - number = 2, - month = 02, - abstract = {Individuals vary in their willingness to take financial risks. Here we show that variants of two genes that regulate dopamine and serotonin neurotransmission and have been previously linked to emotional behavior, anxiety and addiction (5-HTTLPR and DRD4) are significant determinants of risk taking in investment decisions. We find that the 5-HTTLPR {\it s/s} allele carriers take 28\% less risk than those carrying the {\it s/l} or {\it l/l} alleles of the gene. DRD4 7-repeat allele carriers take 25\% more risk than individuals without the 7-repeat allele. These findings contribute to the emerging literature on the genetic determinants of economic behavior.}, - bdsk-url-1 = {http://dx.doi.org/10.1371/journal.pone.0004362}, - doi = {10.1371/journal.pone.0004362}, - publisher = {Public Library of Science}, - url = {http://dx.doi.org/10.1371/journal.pone.0004362} -} - -@ARTICLE{kydland&prescott:timeto, - author = {{Kydland, Finn E.} and {Edward C. Prescott}}, - title = {Time to Build and Aggregate Fluctuations}, - journal = {Econometrica}, - year = 1982, - volume = 50, - pages = {1345--1370}, - number = 6 -} - -@ARTICLE{kydland&prescott:inconsistent, - author = {{Kydland, Finn E.} and {Edward C. Prescott}}, - title = {Rules Rather than Discretion: The Inconsistency of Optimal Plans}, - journal = {Journal of Political Economy}, - year = 1977, - volume = 85, - pages = {473--491}, - number = 3 -} - -@TECHREPORT{lm04, - author = {L{\"}unnemann, Patrick and Math{\"}a, Thomas Y.}, - title = {How Persistent Is Disaggregate Inflation? An Analysis Across EU Countries and HICP Subindices}, - institution = {European Central Bank}, - year = 2004, - type = {European Central Bank working paper}, - number = 415 -} - -@INPROCEEDINGS{Lutkepohl04, - author = {Helmut L{\"}utkepohl}, - title = {Vector Autoregressive and Vector Error Correction Models}, - booktitle = {Applied Econometric Time Series}, - year = 2004, - editor = {Helmut L{\"}utkepohl and Markus Kr{\"}atzig}, - address = {Cambridge}, - publisher = {Cambridge University Press} -} - -@BOOK{luet91, - title = {Introduction to Multiple Time Series Analysis}, - publisher = {Springer}, - year = 1991, - author = {L{\"}utkepohl, Helmut}, - address = {New York et al.} -} - -@TECHREPORT{lsy05, - author = {Labhard, Vincent and Sterne, Gabriel and Young, Chris}, - title = {Wealth and Consumption: An Assessment of the International Evidence}, - institution = {Bank of England}, - year = 2005, - type = {Bank of England woking paper}, - number = 275 -} - -@ARTICLE{labonte:housingpricebubble, - author = {Labonte, Marc}, - title = {U.S. Housing Prices: Is There a Bubble?}, - journal = {Congressional Research Service}, - year = 2003 -} - -@TECHREPORT{laf05, - author = {Laforte, Jean-Philippe}, - title = {Pricing Models: A Bayesian DSGE approach for the US Economy}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{laibson:goldeneggs, - author = {Laibson, David}, - title = {Golden Eggs and Hyperbolic Discounting}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = {CXII}, - pages = {443--477}, - number = 2 -} - -@ARTICLE{laibson:hyperbuffer, - author = {Laibson, David}, - title = {Hyperbolic Discount Functions and Time Preference Heterogeneity}, - journal = {Manuscript, Harvard University}, - year = 1997 -} - -@TECHREPORT{lrtDiscount, - author = {David Laibson and Andrea Repetto and Jeremy Tobacman}, - title = {Estimating Discount Functions with Consumption Choices over the Lifecycle}, - institution = {National Bureau of Economic Research}, - year = 2007, - type = {Working Paper}, - number = 13314, - month = {August}, - abstract = {Intertemporal preferences are difficult to measure. We estimate time preferences using a structural buffer stock consumption model and the Method of Simulated Moments. The model includes stochastic labor income, liquidity constraints, child and adult dependents, liquid and illiquid assets, revolving credit, retirement, and discount functions that allow short-run and long-run discount rates to differ. Data on retirement wealth accumulation, credit card borrowing, and consumption-income comovement identify the model. Our benchmark estimates imply a 40\% short-term annualized discount rate and a 4.3\% long-term annualized discount rate. Almost all specifications reject the restriction to a constant discount rate. Our quantitative results are sensitive to assumptions about the return on illiquid assets and the coefficient of relative risk aversion. When we jointly estimate the coefficient of relative risk aversion and the discount function, the short-term discount rate is 15\% and the long-term discount rate is 3.8\%.}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w13314} -} - -@ARTICLE{lrt:debtpuzzle, - author = {Laibson, David and Repetto, Andrea and Tobacman, Jeremy}, - title = {A Debt Puzzle}, - journal = {Manuscript, Harvard University}, - year = 1999 -} - -@ARTICLE{laitner:random, - author = {Laitner, John}, - title = {Random Earning Differences, Lifetime Liquidity Constraints, and Altruistic Intergenerational Transfers}, - journal = {Journal of Economic Theory}, - year = 1992, - volume = 58, - pages = {135--170}, - number = 2 -} - -@BOOK{landesbergerRestitution, - title = {Restitution Receipts, Household Savings and Consumption Behavior in Israel}, - publisher = {Research Department, Bank of Israel}, - year = 1970, - author = {Landesberger, Michael}, - address = {Jerusalem} -} - -@ARTICLE{landsberger:mpcbyy, - author = {Landsberger, M.}, - title = {Windfall Income and Consumption: Comment}, - journal = {American Economic Review}, - year = 1966, - volume = 56, - pages = {534--540} -} - -@ARTICLE{lmf:mark2, - author = {Lane, Philip R. and Milesi-Ferretti, Gian Maria}, - title = {The External Wealth of Nations Mark II: Revised and Extended Estimates of Foreign Assets and Liabilities}, - journal = {Journal of International Economics}, - year = 2007, - volume = 73, - pages = {223--250}, - number = 2 -} - -@ARTICLE{lawrance:timepref, - author = {Lawrance, Emily C.}, - title = {Poverty and the Rate of Time Preference: Evidence from Panel Data}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {54--77}, - number = 1 -} - -@ARTICLE{lebaron:summary, - author = {LeBaron, Blake}, - title = {Agent Based Computational Finance: Suggested Readings and Early Research}, - journal = {Journal of Economic Dynamics and Control}, - year = {forthcoming} -} - -@TECHREPORT{LeBlanc:2000, - author = {Le Blanc, Gilles}, - title = {Regional Specialization, Local Externalities And Clustering In Information Technology Industries}, - institution = {European Regional Science Association}, - year = 2000, - type = {ERSA conference papers}, - month = Aug, - bdsk-url-1 = {http://ideas.repec.org/p/wiw/wiwrsa/ersa00p168.html}, - url = {http://ideas.repec.org/p/wiw/wiwrsa/ersa00p168.html} -} - -@ARTICLE{Lehnert2003, - author = {Lehnert, Andreas}, - title = {Housing, Consumption, and Credit Constraints}, - journal = {Manuscript, Board of Governors of the Federal Reserve System}, - year = 2003, - month = {December} -} - -@TECHREPORT{lehnert:housing, - author = {Andreas Lehnert}, - title = {Housing, Consumption and Credit Constraints}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2001, - type = {manuscript} -} - -@INPROCEEDINGS{Leicester2012, - author = {Leicester, Andrew}, - title = {The Potential Use of In-Home Scanner Technology for Budget Surveys}, - booktitle = {Improving the Measurement of Household Expenditures}, - year = 2012, - editor = {Carroll, Christopher D. and Thomas Crossley and John Sabelhaus}, - publisher = {University of Chicago Press} -} - -@INCOLLECTION{leicesterScanner, - author = {Andrew Leicester}, - title = {The Potential Use of In-Home Scanner Technology for Budget Surveys}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\\ Slides are at \url{http://www.nber.org/confer/2011/CRIWf11/Leicester-Slides.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/leicesterScanner.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/leicesterScanner.pdf:PDF} -} - -@ARTICLE{LelandPrecaution, - author = {Leland, Hayne E.}, - title = {Saving and Uncertainty: The Precautionary Demand for Saving}, - journal = {Quarterly Journal of Economics}, - year = 1968, - volume = 82, - pages = {465--473} -} - -@ARTICLE{lelbang&mukhergee:politics, - author = {Lelbang, David and Mukherjee, Bumba}, - title = {Elections, Partisan Politics and Stock Market Performance: Theory and Evidence from a Century of American and British Returns}, - journal = {Manuscript, University of Colorado}, - year = 2004 -} - -@ARTICLE{lettau:portfolios, - author = {Lettau, Martin}, - title = {Explaining the Facts with Adaptive Agents: The Case of Mutual Fund Flows}, - journal = {Journal of Economic Dynamics and Control}, - year = 1997, - volume = 21, - pages = {1117--1147} -} - -@ARTICLE{llTrendCycle, - author = {Lettau, Martin and Ludvigson, Sydney}, - title = {Understanding Trend and Cycle in Asset Values: Reevaluating the Wealth Effect on Consumption}, - journal = {American Economic Review}, - year = 2004, - volume = 94, - pages = {276--299}, - number = 1, - note = {\url{http://www.jstor.org/stable/3592779}}, - date-modified ={2011-10-15 00:09:24 -0400}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/llTrendCycle.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/llTrendCycle.pdf:PDF}, - url = {http://www.jstor.org/stable/3592779} -} - -@ARTICLE{lettau&ludvigson:assetvalues, - author = {Lettau, Martin and Ludvigson, Sydney}, - title = {Understanding Trend and Cycle in Asset Values: Reevaluating the Wealth Effect on Consumption}, - journal = {NBER Working Paper 9848}, - year = 2003 -} - -@ARTICLE{llStockReturns, - author = {Lettau, Martin and Ludvigson, Sydney}, - title = {Consumption, Aggregate Wealth, and Expected Stock Returns}, - journal = {Journal of Finance}, - year = 2001, - volume = 56, - pages = {815--849}, - number = 3, - note = {\url{http://www.jstor.org/stable/222534}}, - url = {http://www.jstor.org/stable/222534} -} - -@ARTICLE{llb:comment, - author = {Lettau, Martin and Ludvigson, Sydney and Barczi, Nathan}, - title = {A Primer on the Economics and Time Series Econometrics of Wealth Effects: A Comment}, - journal = {Federal Reserve Bank of New York}, - year = 2001 -} - -@ARTICLE{lettau&uhlig:rulesofthumb, - author = {Lettau, Martin and Uhlig, Harald}, - title = {Rules of Thumb and Dynamic Programming}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {148--174} -} - -@ARTICLE{Levin:1998, - author = {Levin, Laurence}, - title = {Are assets fungible? Testing the behavioral theory of life-cycle savings}, - journal = {Journal of Economic Organization and Behavior,}, - year = 1998, - volume = 36, - pages = {59--83}, - abstract = {This paper is an empirical investigation of the behavioral life-cycle savings model. This model posits that self-control problems causes individuals to depart substantially from rational behavior. I show that this model can explain how the consumption of individuals at or near retirement vary with changes in different types of financial assets. Specifically, consumption spending is sensitive to changes in income and in liquid assets, but not very sensitive to changes in the value of other types of assets such as houses and social security (even though the value of non-liquid assets is relatively large for most of the households in the sample). In general, the evidence presented here favors the Behavioral Life-Cycle Model over the conventional life-cycle model even when liquidity constraints are introduced.} -} - -@ARTICLE{levine&renelt:aer, - author = {{Levine, Ross E.} and {David Renelt}}, - title = {A Sensitivity Analysis of Cross-Country Growth Regressions}, - journal = {American Economic Review}, - year = 1992, - volume = 82, - pages = {942--963}, - month = {September} -} - -@ARTICLE{lillard&weiss, - author = {Lillard, Lee A. and Weiss, Yoram}, - title = {Components of Variation in Panel Earnings Data: American Scientists 1960-70}, - journal = {Econometrica}, - year = 1979, - volume = 47, - pages = {437--454}, - number = 2, - month = {March} -} - -@ARTICLE{lillard&karoly:richsave, - author = {Lillard, Lee and Karoly, Lynn}, - title = {Income and Wealth Accumulation Over the Lifecycle}, - journal = {Manuscript, RAND Corporation}, - year = 1997 -} - -@ARTICLE{lindbeck:welfarestate, - author = {Lindbeck, Assar}, - title = {Welfare State Disincentives with Endogenous Habits and Norms}, - journal = {Scandinavian Journal of Economics}, - year = 1995, - volume = 97, - pages = {477--94}, - number = 4 -} - -@ARTICLE{lnw:norms, - author = {Lindbeck, Assar and Nyberg, S. and Weibull, J-W.}, - title = {Social Norms and Economic Incentives in the Welfare State}, - journal = {Industrial Institute for Economic and Social Research}, - year = 1997 -} - -@ARTICLE{lu00, - author = {Ljungqvist, Lars and Uhlig, Harald}, - title = {Tax Policy and Aggregate Demand Management under Catching Up with the Joneses}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {356--366}, - number = 3, - month = {June} -} - -@INPROCEEDINGS{lss:whatdrivesbook, - author = {Loayza, Norman and Schmidt-Hebbel, Klaus and Serv{\'e}n, Luis}, - title = {What Drives Saving Across the World?}, - booktitle = {Saving in the World: Puzzles and Policies}, - year = 1998, - editor = {Serv{\'e}n, Luis} -} - -@ARTICLE{lss:whatdrives, - author = {Loayza, Norman and Schmidt-Hebbel, Klaus and Serv{\'e}n, Luis}, - title = {What Drives Saving Across the World?}, - journal = {Review of Economics and Statistics}, - year = 2000, - volume = 82, - number = 1, - month = May -} - -@TECHREPORT{GarciaOlivera:2005, - author = {Lopez, Miguel Angel Garcia and Olivera, Ivan Muniz}, - title = {The Spatial Effect of Intra-Metropolitan Agglomeration Economies}, - institution = {Department of Applied Economics at Universitat Autonoma of Barcelona}, - year = 2005, - type = {Working Papers}, - number = 0513, - month = {June}, - bdsk-url-1 = {http://ideas.repec.org/p/uab/wprdea/wpdea0513.html}, - url = {http://ideas.repec.org/p/uab/wprdea/wpdea0513.html} -} - -@ARTICLE{lnFeathers, - author = {LoPrete, Chiara and Catherine S. Norman}, - title = {Rockets And Feathers In CO2-Power Markets? New Evidence From The Second Phase Of The EU ETS}, - journal = {Manuscript, Johns Hopkins University}, - year = 2011, - note = {\\ \url{http://www.webmeets.com/files/papers/EAERE/2011/201/AsymmetricPassthrough_May25-1.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lnFeathers.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lnFeathers.pdf:PDF}, - url = {http://www.webmeets.com/files/papers/EAERE/2011/201/AsymmetricPassthrough_May25-1.pdf} -} - -@INCOLLECTION{lucas:critique, - author = {Lucas, Robert E.}, - title = {Econometric Policy Evaluation: A Critique}, - booktitle = {The Phillips Curve and Labour Markets}, - publisher = {Journal of Monetary Economics (Supplement)}, - year = 1976, - editor = {Brunner, Karl and Meltzer, Allan H.}, - volume = 1, - pages = {19--46} -} - -@ARTICLE{lucasGrowth, - author = {Lucas, Robert E.}, - title = {On the Mechanics of Economic Development}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 22, - pages = {3--42} -} - -@BOOK{lucasBusinessCycles, - title = {Models of Business Cycles, Yrjo Jahnsson Lectures}, - publisher = {Basil Blackwell}, - year = 1985, - author = {Robert E. Lucas}, - address = {Oxford} -} - -@Article{lucas:assetpricing, - Title = {Asset Prices in an Exchange Economy}, - Author = {Lucas, Robert E.}, - Journal = {Econometrica}, - Year = 1978, - Month = {December}, - Note = {Available at { \url{http://www.jstor.org/stable/1913837}}}, - Pages = {1429--1445}, - Volume = 46, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1913837} -} - -@ARTICLE{lucas&stokey:money, - author = {{Lucas, Robert E.} and {Stokey, Nancy L.}}, - title = {Optimal Fiscal and Monetary Policy in an Economy without Capital}, - journal = {Journal of Monetary Economics}, - year = 1983, - volume = 12, - pages = {55--93}, - number = {x} -} - -@ARTICLE{lud04, - author = {Ludvigson, Sydney}, - title = {Consumer Confidence and Consumer Spending}, - journal = {Journal of Economic Perspectives}, - year = 2004, - volume = 18, - pages = {29--50}, - number = 2 -} - -@ARTICLE{ludvigson:credit, - author = {Ludvigson, Sydney}, - title = {Consumption and Credit: A Model of Time-Varying Liquidity Constraints}, - journal = {The Review of Economics and Statistics}, - year = 1999, - volume = 81, - pages = {434--47}, - number = 3 -} - -@PHDTHESIS{ludvigson:creditthesis, - author = {Ludvigson, Sydney}, - title = {Consumption and Credit: A Model of Time-Varying Liquidity Constraints}, - school = {Princeton University}, - year = 1996 -} - -@ARTICLE{lettau&ludvigson:bullsandbearsold, - author = {Ludvigson, Sydney and Lettau, Martin}, - title = {Understanding Trend and Cycle in Asset Values: Bulls, Bears, and the Wealth Effect on Consumption}, - journal = {Manuscript, New York University}, - year = 2001 -} - -@ARTICLE{lettau&ludvigson:finance, - author = {Ludvigson, Sydney and Lettau, Martin}, - title = {Consumption, Aggregate Wealth, and Expected Stock Returns}, - journal = {Journal of Finance}, - year = 2001, - volume = 56, - pages = {815--49}, - number = 3, - month = {June} -} - -@ARTICLE{lmExcesses, - author = {Ludvigson, Sydney and Michaelides, Alexander}, - title = {Does Buffer Stock Saving Explain the Smoothness and Excess Sensitivity of Consumption?}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - pages = {631--647}, - number = 3, - month = {June}, - note = {\\ \url{http://www.jstor.org/stable/2677884}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lmExcesses.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lmExcesses.pdf:PDF}, - url = {http://www.jstor.org/stable/2677884} -} - -@ARTICLE{ludvigson&paxson:approximation, - author = {Ludvigson, Sydney and Paxson, Christina}, - title = {Approximation Bias in Euler Equation Estimation}, - journal = {Manuscript, Federal Reserve Bank of New York}, - year = 1997 -} - -@ARTICLE{ludvigson&steindel:stockmarket, - author = {Ludvigson, Sydney and Steindel, Charles}, - title = {How Important is the Stock Market Effect on Consumption?}, - journal = {Federal Reserve Bank of New York Economic Policy Review}, - year = 1999 -} - -@ARTICLE{ls04, - author = {Ludwig, Alexander and {Sl{\o}k}, Torsten}, - title = {The Relationship between Stock Prices, House Prices and Consumption in OECD Countries}, - journal = {Topics in Macroeconomics}, - year = 2004, - volume = 4, - pages = {Article 4}, - number = 1 -} - -@UNPUBLISHED{LudwigSlok:2002, - author = {Ludwig, Alexander and Sl{\o}k, Torsten}, - title = {The Impact of Changes in Stock Prices and House Prices on Consumption in OECD Countries}, - note = {Working Paper 02/1 International Monetary Fund}, - year = 2002 -} - -@ARTICLE{Ludwig2004, - author = {Ludwig, Alexander and Slok, Torsten}, - title = {The Relationship between Stock Prices, House Prices and Consumption in OECD Countries}, - journal = {Topics in Macroeconomics}, - year = 2004, - volume = 4, - number = {1, Article 4}, - note = {available at http://ideas.repec.org/a/bep/mactop/v4y2004i1p1} -} - -@ARTICLE{ludwig&slok:assetpricesIMFwp, - author = {Ludwig, Alexander and Slok, Torsten}, - title = {The Impact of Changes in Stock Prices and House Prices on Consumption in OECD Countries}, - journal = {IMF Working Paper 02/01}, - year = 2002 -} - -@ARTICLE{luengoprado:excesses, - author = {Luengo-Prado, Maria Jos{\'}e}, - title = {Durables, Nondurables, Down Payments, and Consumption Excesses}, - journal = {Journal of Monetary Economics}, - year = 2006, - volume = 53, - pages = {1509--1539} -} - -@ARTICLE{lsStates, - author = {Luengo-Prado, Maria Jos{\'}e and S\/orensen, Bent}, - title = {What Can Explain the Excess Smoothness and Sensitivity of State-Level Consumption?}, - journal = {Review of Economics and Statistics}, - year = 1998, - volume = {Forthcoming} -} - -@ARTICLE{LPSorensen:2006, - author = {Luengo-Prado, Mar{\'}{\i}a Jos{\'}{e} and Sorensen, Bent}, - title = {What Can Explain Excess Smoothness and Sensitivity of State-Level Consumption?}, - journal = {Forthcoming in the Review of Economics and Statistics}, - year = 2006 -} - -@INCOLLECTION{lusardiBehavioral, - author = {Lusardi, Annamaria}, - title = {Information, Expectations, and Savings for Retirement}, - booktitle = {Behavioral Dimensions of Retirement Economics}, - publisher = {Russell Sage Foundation}, - year = 1999, - editor = {Aaron, Henry}, - pages = {81--115}, - address = {Washington, DC} -} - -@ARTICLE{lusardiPlanning, - author = {Lusardi, Annamaria}, - title = {Planning and Savings for Retirement}, - journal = {Dartmouth College Working Paper}, - year = 2003 -} - -@ARTICLE{lusardi:explaining, - author = {Lusardi, Annamaria}, - title = {Explaining Why So Many Households Do Not Save}, - journal = {Manuscript, Dartmouth College}, - year = 1999 -} - -@ARTICLE{lusardi:importance, - author = {Lusardi, Annamaria}, - title = {On the Importance of the Precautionary Saving Motive}, - journal = {American Economic Review Papers and Proceedings}, - year = 1998, - volume = 88, - pages = {449--453}, - number = 2 -} - -@ARTICLE{lusardi:subjective, - author = {Lusardi, Annamaria}, - title = {Precautionary Saving and Subjective Earnings Variance}, - journal = {Economics Letters}, - year = 1997, - volume = 57, - pages = {319--326} -} - -@ARTICLE{lusardi:panel, - author = {Lusardi, Annamaria}, - title = {Permanent Income, Current Income, and Consumption: Evidence from Panel Data}, - journal = {Manuscript, Dartmouth College}, - year = 1992 -} - -@ARTICLE{lusardiMitchellLiteracy, - author = {Lusardi, Annamaria and Mitchell, Olivia}, - title = {Financial Literacy and Planning: Implications for Retirement Wellbeing}, - journal = {Wharton School Working Paper}, - year = 2006 -} - -@ARTICLE{lusardiMitchellBoomers, - author = {Lusardi, Annamaria and Mitchell, Olivia S.}, - title = {Baby Boomer Retirement Security: The Roles of Planning, Financial Literacy, and Housing Wealth}, - journal = {Journal of Monetary Economics}, - year = 2007, - volume = {Forthcoming}, - bdsk-url-1 = {http://dx.doi.org/10.1016/j.moneco.2006.12.001}, - doi = {doi:10.1016/j.moneco.2006.12.001} -} - -@ARTICLE{lstFragile, - author = {Lusardi, Annamaria and Schneider, Daniel J. and Peter Tufano}, - title = {Financially Fragile Households: Evidence and Implications}, - journal = {NBER Working Paper Number 17072}, - year = 2011, - number = 17072, - note = {\url{http://www.nber.org/papers/w17072}}, - file = {lstFragile.pdf:lstFragile.pdf:PDF}, - publisher = {National Bureau of Economic Research, Inc}, - url = {http://www.nber.org/papers/w17072} -} - -@ARTICLE{lusardiSkinnerPolicy, - author = {Lusardi, Annamaria and Skinner, Jonathan and Venti, Steven}, - title = {Saving Puzzles and Saving Policies in the United States}, - journal = {Oxford Review of Economic Policy}, - year = 2001, - volume = 17, - pages = {95--115}, - number = 1 -} - -@ARTICLE{lv05, - author = {Lustig, Hanno N. and {Van Nieuwerburgh}, Stijn G.}, - title = {Housing Collateral, Consumption Insurance and Risk Premia: An Empirical Perspective}, - journal = {Journal of Finance}, - year = 2005, - volume = 60, - pages = {1167--1219}, - number = 3 -} - -@MISC{Melitz/Zumer:1999, - author = {M{\'}{e}litz, Jacques and Zumer, Fr{\'}{e}d{\'}{e}ric}, - title = {Interregional and international risk sharing and lessons for EMU}, - howpublished = {CEPR Discussion Paper No. 2154}, - month = {May}, - year = 1999, - file = {:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/#F#:Djvu} -} - -@ARTICLE{mullerelliott:initial, - author = {M{\"}uller, Ulirich K. and Elliott, Graham}, - title = {Tests for unit roots and the initial condition}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {1269--}, - number = 4, - month = {July} -} - -@ARTICLE{ms07, - author = {M{\"}unich, Daniel and Svejnar, Jan}, - title = {Unemployment in {E}ast and {W}est {E}urope}, - journal = {Labor Economics}, - year = 2007, - volume = 14, - pages = {681--694}, - number = 4 -} - -@ARTICLE{mst05a, - author = {M{\"}unich, Daniel and Svejnar, Jan and Terrell, Katherine}, - title = {Returns to Human Capital Under The {C}ommunist Wage Grid and During the Transition to a Market Economy}, - journal = {The Review of Economics and Statistics}, - year = 2005, - volume = 87, - pages = {100--123}, - number = 1 -} - -@ARTICLE{mst05, - author = {Daniel M{\"u}nich and Jan Svejnar and Catherine Terrell}, - title = {Is Women's Human Capital Valued More by Markets than by Planners?}, - journal = {Journal of Comparative Economics}, - year = 2005, - volume = 33, - pages = {278--299}, - number = 2 -} - -@TECHREPORT{mw07, - author = {Ma{\'}ckowiak, Bartosz and Wiederholt, Mirko}, - title = {Optimal Sticky Prices under Rational Inattention}, - institution = {Northwestern University}, - year = 2007, - type = {mimeo} -} - -@BOOK{macaulay, - title = {The Movements of Interest Rates, Bond Yields and Stock Prices in the United States Since 1856}, - publisher = {National Bureau of Economic Research}, - year = 1938, - author = {Macaulay, Frederick R.}, - address = {New York} -} - -@TECHREPORT{mr07, - author = {Machin, Stephen and {Van Reenen}, John}, - title = {Changes in Wage Inequality}, - institution = {Center for Economic Performance, London School of Economics and Political Science}, - year = 2007, - type = {Special Paper}, - number = 18 -} - -@ARTICLE{macklem:consumption, - author = {Macklem, R. Tiff}, - title = {Wealth, Disposable Income and Consumption: Some Evidence for Canada}, - journal = {Bank of Canada}, - year = 1994 -} - -@article{macurdyLelasticity, - author = {MaCurdy, Thomas E.}, - journal = {Journal of Political Economy}, - month = {December}, - number = 6, - pages = {1059-1085}, - title = {An Empirical Model of Labor Supply in a Life-Cycle Setting}, - volume = 89, - year = 1981, -} - -@ARTICLE{madrian&shea:401k, - author = {Madrian, Brigitte C. and Shea, Dennis F.}, - title = {The Power of Suggestion: Inertia in 401(k) Participation and Savings Behavior}, - journal = {NBER Working Paper 7682}, - year = 2000, - month = may -} - -@ARTICLE{mpCohort, - author = {Maki, Dean M. and Michael G. Palumbo}, - title = {Disentangling the Wealth Effect: A Cohort Analysis of Household Saving in the 1990s}, - journal = {Finance and Economics Discussion Series 2001-21}, - year = 2001, - publisher = {Federal Reserve Board of Governors} -} - -@ARTICLE{maliar:KS, - author = {Maliar, Lilia and Maliar, Serguei and Valli, Fernando}, - title = {Solving the Incomplete Markets Model with Aggregate Uncertainty Using the Krusell Smith Algorithm}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {42--49}, - number = 1, - month = {January} -} - -@ARTICLE{maliar, - author = {Maliar, Lilia and Maliar, Serguei and Valli, Fernando}, - title = {Comparing Numerical Solutions of Models with Heterogeneous Agents (Models B): a Grid-based Euler Equation Algorithm}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{mnDepressionBabies, - author = {Malmendier, Ulrike and Stefan Nagel}, - title = {Depression Babies: Do Macroeconomic Experiences Affect Risk Taking?}, - journal = {Quarterly Journal of Economics}, - year = 2011, - volume = 126, - number = {373--416}, - doi = {10.1093/qje/qjq004}, - file = {mnDepressionBabies.pdf:mnDepressionBabies.pdf:PDF}, - url = {http://qje.oxfordjournals.org/content/126/1/373.full} -} - -@ARTICLE{mangasarian:sufficient, - author = {Mangasarian, A.}, - title = {Sufficient Conditions for the Optimal Control of Nonlinear Systems}, - journal = {SIAM Journal on Control}, - year = 1966, - volume = 4, - pages = {139--152} -} - -@ARTICLE{mankiw:inexorable, - author = {Mankiw, N. Gregory}, - title = {The Inexorable and Mysterious Tradeoff Between Inflation and Unemployment}, - journal = {Economic Journal}, - year = 2001, - volume = 111, - pages = {C45-C61}, - number = 471 -} - -@INPROCEEDINGS{mankiw:saversspenders, - author = {Mankiw, N. Gregory}, - title = {The Savers-Spenders Theory of Fiscal Policy}, - booktitle = {American Economic Review Papers and Proceedings}, - year = 2000 -} - -@ARTICLE{mankiw:growth, - author = {Mankiw, N. Gregory}, - title = {The Growth of Nations}, - journal = {Brookings Papers on Economic Activity}, - year = 1995, - volume = 1995, - pages = {275--326}, - number = 1 -} - -@ARTICLE{mankiw:durgoods, - author = {Mankiw, N. Gregory}, - title = {Hall's Consumption Hypothesis and Durable Goods}, - journal = {Journal of Monetary Economics}, - year = 1982, - volume = 10, - pages = {417--425}, - number = 3 -} - -@INPROCEEDINGS{mr03, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Sticky Information: A model of Monetary Non-neutrality and Structural Slumps}, - booktitle = {Knowledge, Information, and Expectation in Modern Macroeconomics}, - year = 2003, - editor = {Aghion, Phillipe}, - pages = {64--86}, - address = {Cambridge, MA}, - publisher = {MIT Press} -} - -@ARTICLE{mr06, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Pervasive Stickiness}, - journal = {American Economic Review}, - year = 2006, - volume = 96, - pages = {164--169}, - number = 2 -} - -@article{mrsBalance, - author = {Atif Mian and Kamalesh Rao and Amir Sufi}, - journal = {Manuscript, University of California at Berkeley}, - title = {Household Balance Sheets, Consumption, and the Economic Slump}, - year = 2011, -} - -@inproceedings{mb54, - address = {New Brunswick, NJ}, - author = {Franco Modigliani and Richard Brumberg}, - booktitle = {Post-Keynesian Economics}, - editor = {Kenneth K. Kurihara}, - publisher = {Rutgers University Press}, - title = {Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data}, - year = 1954, -} - -@article{scWhySavSoLow, - author = {Summers, Lawrence H. and Carroll, Christopher D.}, - journal = {Brookings Papers on Economic Activity}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}}, - number = 2, - pages = {607--636}, - title = {Why is U.S.\ National Saving So Low?}, - volume = 1987, - year = 1987, - url = {https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}, -} - -@comment{mankiw&reis:slumpsartOld} - -@ARTICLE{mrSlumpsNBER, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Sticky Information: A Model of Monetary Nonneutrality and Structural Slumps}, - journal = {NBER Working Paper Number 8614}, - year = 2001 -} - -@ARTICLE{mrSlumps, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Sticky Information Versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve}, - journal = {Quarterly Journal of Economics}, - year = 2002, - volume = 117, - pages = {1295--1328}, - number = 4, - month = {November} -} - -@ARTICLE{mrw:contribution, - author = {Mankiw, N. Gregory and Romer, David and Weil, David N.}, - title = {A Contribution to the Empirics of Economic Growth}, - journal = {Quarterly Journal of Economics}, - year = 1992, - volume = 107, - pages = {407--437} -} - -@ARTICLE{mankiw&zeldes:stockholders, - author = {Mankiw, N. Gregory and Zeldes, Stephen P.}, - title = {The Consumption of Stockholders and Non Stockholders}, - journal = {Journal of Financial Economics}, - year = 1989, - volume = 15, - pages = {145--61} -} - -@ARTICLE{MankiwZeldes:1991, - author = {Mankiw, N. Gregory and Zeldes., Stephen P.}, - title = {The Consumption of Stockholders and Non-Stockholders}, - journal = {Journal of Financial Economics}, - year = 1991, - volume = 29, - pages = {97--112} -} - -@ARTICLE{mmSkip, - author = {Manski, C.F. and Molinari, F.}, - title = {Skip Sequencing: A Decision Problem in Questionnaire Design}, - journal = {The Annals of Applied Statistics}, - year = 2008, - volume = 2, - pages = 264, - number = 1, - publisher = {NIH Public Access} -} - -@ARTICLE{marcet&sargent:convergence, - author = {Marcet, Albert and Sargent, Thomas J.}, - title = {Convergence of Least Squares Learning Mechanisms in Self Referential Linear Stochastic Models}, - journal = {Journal of Economic Theory}, - year = 1991, - volume = 48, - pages = {337--68} -} - -@ARTICLE{MarigerLiqConstr87, - author = {Mariger, Randall P.}, - title = {A Life-Cycle Consumption Model with Liquidity Constraints: Theory and Empirical Results}, - journal = {Econometrica}, - year = 1987, - volume = 55, - number = {533-557} -} - -@INCOLLECTION{marimon:learning, - author = {Marimon, Ramon}, - title = {Learning from Learning in Economics}, - booktitle = {Advances in Economics and Econometrics: Theory and Applications, Volume I}, - publisher = {Cambridge University Press}, - year = 1997, - editor = {Kreps, David and Wallis, K.}, - address = {Cambridge} -} - -@BOOK{markowitz, - title = {Portfolio Selection: Efficient Diversification of Investment}, - publisher = {John Wiley and Sons}, - year = 1959, - author = {Markowitz, Harold}, - address = {New York} -} - -@BOOK{marshall:principles, - title = {Principles of Economics}, - publisher = {The MacMillan Company}, - year = 1898, - author = {Marshall, Alfred}, - address = {New York}, - edition = {Eighth} -} - -@BOOK{mayer:pihbook, - title = {Permanent Income, Wealth, and Consumption}, - publisher = {University of California Press}, - year = 1972, - author = {Mayer, Thomas}, - address = {Berkeley} -} - -@TECHREPORT{mp02, - author = {Mc{C}arthy, Jonathan and Peach, Richard W.}, - title = {Monetary Policy Transmission to Residential Investment}, - institution = {Federal Reserve Bank of New York}, - year = 2002, - type = {{FRBNY Economic Policy Review}}, - number = 1, - pages = {139--158}, - volume = 8 -} - -@ARTICLE{oecdMicro, - author = {McCall, Robert}, - title = {Development of International Guidelines and Frameworks for Micro Statistics on Household Income, Consumption and Wealth}, - journal = {Presentation at 32nd General Conference of the International Association for Research in Income and Wealth}, - year = 2012, - note = {\url{http://www.iariw.org/papers/2012/McCollPaper.pdf}}, - url = {http://www.iariw.org/papers/2012/McCollPaper.pdf} -} - -@ARTICLE{mccallum:review, - author = {McCallum, Bennett T.}, - title = {Recent Developments in Monetary Policy Analysis: The Roles of Theory and Evidence}, - journal = {Federal Reserve Bank of Richmond Economic Quarterly}, - year = 2002, - volume = 88, - pages = {67--95}, - number = 1 -} - -@ARTICLE{mccarthy:debt, - author = {McCarthy, Jonathan}, - title = {Does the Household Balance Sheet Affect Expenditures Response to Monetary Policy?}, - journal = {Manuscript, Federal Reserve Bank of New York}, - year = 1997 -} - -@ARTICLE{mccarthy:mpc, - author = {McCarthy, Jonathan}, - title = {Imperfect Insurance and Differing Propensities to Consume Across Households}, - journal = {Journal Of Monetary Economics}, - year = 1995, - volume = 36, - pages = {301--327}, - number = 2 -} - -@ARTICLE{mcculloughReplicability, - author = {McCullough, Bruce D.}, - title = {Got Replicability? The Journal of Money, Credit and Banking Archive}, - journal = {Econ Journal Watch}, - year = 2007, - volume = 4, - pages = {326--337}, - number = 3 -} - -@INCOLLECTION{meghirPistaferri_earnigsClifeCycle, - author = {Costas Meghir and Luigi Pistaferri}, - title = {Earnings, Consumption and Life Cycle Choices}, - booktitle = {Handbook of Labor Economics}, - publisher = {Elsevier}, - year = 2011, - editor = {O. Ashenfelter and D. Card}, - volume = 4, - chapter = 9, - pages = {773--854} -} - -@ARTICLE{meghir&pistaferri, - author = {Meghir, Costas and Pistaferri, Luigi}, - title = {Income Variance Dynamics and Heterogeneity}, - journal = {Journal of Business and Economic Statistics}, - year = 2004, - volume = 72, - pages = {1--32}, - number = 1 -} - -@comment{meghir&weber:habitsOld} - -@ARTICLE{mwHabits, - author = {Meghir, Costas and Weber, Guglilelmo}, - title = {Intertemporal Non-Separability or Borrowing Restrictions? A Disaggregate Analysis Using a U.S. Consumption Panel}, - journal = {Econometrica}, - year = 1996, - volume = 64, - pages = {1151--82}, - number = 5 -} - -@Article{mehraPrescottPuzzle, - Title = {The Equity Premium: A Puzzle}, - Author = {Mehra, Rajnish and Prescott, Edward C.}, - Journal = {Journal of Monetary Economics}, - Year = 1985, - Pages = {145-61}, - Volume = 15, - Owner = {Nic Johnson}, - Url = {http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html} -} - -@Article{mehra&prescott:puzzle, - Title = {The Equity Premium: A Puzzle}, - Author = {Mehra, Rajnish and Prescott, Edward C.}, - Journal = {Journal of Monetary Economics}, - Year = 1985, - Note = {Available at { \url{http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html}}}, - Pages = {145-61}, - Volume = 15, - Owner = {Nic Johnson}, - Url = {http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html} -} - -@ARTICLE{mehra:wealtheffect, - author = {Mehra, Yash}, - title = {The Wealth Effect in Empirical Life Cycle Aggregate Consumption Equations}, - journal = {Federal Reserve Bank of Richmond Economic Quarterly, 87/2}, - year = 2001 -} - -@ARTICLE{mehra:surveyinfl, - author = {Mehra, Yash P.}, - title = {Survey Measures of Expected Inflation: Revisiting the Issues of Predictive Content and Rationality}, - journal = {Manuscript, Federal Reserve Bank of Richmond}, - year = 2002 -} - -@ARTICLE{menchik&david:nodissav, - author = {Menchik, Paul L. and David, Martin}, - title = {Income Distribution, Lifetime Savings, and Bequests}, - journal = {American Economic Review}, - year = 1983, - volume = 83, - pages = {672--690}, - number = 4 -} - -@ARTICLE{MendelsonAmihud:consumption, - author = {Mendelson, Haim and Amihud, Yakov}, - title = {Optimal Consumption Policy Under Uncertain Income}, - journal = {Management Science}, - year = 1982, - volume = 28, - pages = {683--697}, - number = 6, - month = {June} -} - -@article{mqrImbal, - Author = {Enrique G. Mendoza and Vincenzo Quadrini and Jos\'{e}-V\'{i}ctor R\'{i}os-Rull}, - Title = "{Financial Integration, Financial Development, and Global Imbalances}", - journal = {Journal of Political Economy}, - Year = 2009, - volume = 117, - number = 3, -} - -@ARTICLE{mqrImbal-NBERWP, - author = {Mendoza, Enrique G. and Quadrini, Vincenzo and Rios-Rull, Jose-Victor}, - title = {Financial Integration, Financial Deepness and Global Imbalances}, - journal = {NBER Working Paper Number w12909}, - year = 2007 -} - -@ARTICLE{merton:restat, - author = {Merton, Robert C.}, - title = {Lifetime Portfolio Selection under Uncertainty: The Continuous Time Case}, - journal = {Review of Economics and Statistics}, - year = 1969, - volume = 51, - pages = {247--257} -} - -@ARTICLE{msFallacy, - author = {Merton, Robert C. and Samuelson, Paul A.}, - title = {Fallacy of the Log-Normal Approximation to Optimal Portfolio Decision-Making over Many Periods}, - journal = {Journal of Financial Economics}, - year = 1974, - volume = 1, - pages = {67--94}, - number = 1, - issn = {0304-405X}, - publisher = {Elsevier} -} - -@ARTICLE{msWinning, - author = {Meyer, Bruce D. and Sullivan, James X.}, - title = {Winning the War: Poverty from the Great Society to the Great Recession}, - journal = {Brookings Papers on Economic Activity}, - year = 2012, - month = {Fall}, - url = {http://www.brookings.edu/~/media/Projects/BPEA/Fall2012/2012fallmeyer.pdf} -} - -@ARTICLE{msDecades, - author = {Meyer, Bruce D. and Sullivan, James X.}, - title = {Five Decades of Consumption and Income Poverty}, - journal = {Working Papers, Harris School of Public Policy Studies, University of Chicago}, - year = 2009 -} - -@ARTICLE{MianSufi:2011, - author = {Mian, Atif and Sufi, Amir}, - title = {Consumers and the Economy, Part II: Household Debt and the Weak U.S. Recovery}, - journal = {FRBSF Economic Letter}, - year = 2011, - volume = 4, - month = {January} -} - -@TECHREPORT{msClunkers, - author = {Mian, Atif and Sufi, Amir}, - title = {The Effects of Fiscal Stimulus: Evidence from the 2009 `Cash for Clunkers' Program'}, - institution = {National Bureau of Economic Research}, - year = 2010, - type = {Working Paper}, - number = 16351, - month = {September}, - abstract = {A key rationale for fiscal stimulus is to boost consumption when aggregate demand is perceived to be inefficiently low. We examine the ability of the government to increase consumption by evaluating the impact of the 2009 ``Cash for Clunkers'' program on short and medium run auto purchases. Our empirical strategy exploits variation across U.S. cities in ex-ante exposure to the program as measured by the number of ``clunkers'' in the city as of the summer of 2008. We find that the program induced the purchase of an additional 360,000 cars in July and August of 2009. However, almost all of the additional purchases under the program were pulled forward from the very near future; the effect of the program on auto purchases is almost completely reversed by as early as March 2010 -- only seven months after the program ended. The effect of the program on auto purchases was significantly more short-lived than previously suggested. We also find no evidence of an effect on employment, house prices, or household default rates in cities with higher exposure to the program.}, - bdsk-url-1 = {http://www.nber.org/papers/w16351}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w16351} -} - -@ARTICLE{msMortgage, - author = {Mian, Atif and Sufi, Amir}, - title = {The Consequences of Mortgage Credit Expansion: Evidence from the U.S. Mortgage Default Crisis}, - journal = {Quarterly Journal of Economics}, - year = 2009, - volume = 124, - number = 4, - month = {November} -} - -@ARTICLE{mianSufiQJE, - author = {Mian, Atif and Sufi, Amir}, - title = {The Consequences of Mortgage Credit Expansion: Evidence from the 2007 Mortgage Default Crisis}, - journal = {Forthcoming, {\it Quarterly Journal of Economics}}, - year = 2008, - month = Apr, - note = {Available at \url{http://ideas.repec.org/p/nbr/nberwo/13936.html}}, - institution = {National Bureau of Economic Research, Inc}, - type = {NBER Working Paper No. 13936} -} - -@ARTICLE{michaelides:reversion, - author = {Michaelides, Alexander}, - title = {Portfolio Choice, Liquidity Constraints and Stock Market Mean Reversion}, - journal = {CEPR Discussion Paper No. 2823}, - year = 2005 -} - -@ARTICLE{michaelides:reconcile, - author = {Michaelides, Alexander}, - title = {A Reconciliation of Two Alternative Approaches Towards Buffer Stock Saving}, - journal = {Economics Letters}, - year = 2003, - volume = 79, - pages = {137--143}, - number = 1, - month = {April} -} - -@ARTICLE{michaelidesBufHab, - author = {Michaelides, Alexander}, - title = {Buffer Stock Saving and Habit Formation}, - journal = {Manuscript, London School of Economics}, - year = 2002 -} - -@ARTICLE{GomesMichaelides:PortHabits, - author = {Michaelides, Alexander and Gomes, Francisco}, - title = {Portfolio Choice with Internal Habit Formation: A Life-Cycle Model with Uninsurable Labor Income Risk}, - journal = {Review of Economic Dynamics}, - year = 2003, - volume = 6, - pages = {729--766}, - month = {October} -} - -@ARTICLE{michaelidesHaliassos:portfolio, - author = {Michaelides, Alexander and Haliassos, Michael}, - title = {Portfolio Choice and Liquidity Constraints}, - journal = {International Economic Review}, - year = 2003, - volume = 44, - pages = {144--177}, - number = 1, - month = {February} -} - -@ARTICLE{KalyvitisMichaelides:exchrates, - author = {Michaelides, Alexander and Kalyvitis, Sarantis}, - title = {New Evidence on the Effects of U.S.\ Monetary Policy on Exchange Rates}, - journal = {Economics Letters}, - year = 2001, - volume = 71, - pages = {255--263}, - number = 2, - month = {May} -} - -@ARTICLE{michaelidesNg:speculative, - author = {Michaelides, Alexander and Ng, Serena}, - title = {Estimating the Rational Expectations Model of Speculative Storage: A Monte Carlo Comparison of Three Simulation Estimators}, - journal = {Journal of Econometrics}, - year = 2000, - volume = 96, - pages = {231--266}, - number = 2, - month = {June} -} - -@ARTICLE{ng:estbysim, - author = {Michaelides, Alexander and Ng, Serena}, - title = {Estimating the Rational Expectations Model of Speculative Storage: A Monte Carlo Comparison of Three Simulation Estimators}, - journal = {Manuscript, Department of Economics, Boston University}, - year = 1997 -} - -@BOOK{micklethwaitWooldridgeCompany, - title = {The Company: A Short History of a Revolutionary Idea}, - publisher = {Modern Library}, - year = 2002, - author = {Micklethwait, John and Wooldridge, Adrian} -} - -@MISC{milesi&roubini:hctax, - author = {{Milesi-Ferretti, Gian~Maria} and {Nouriel Roubini}}, - title = {Optimal Taxation of Human and Physical Capital in Endogenous Growth Models}, - howpublished = {Mimeo}, - year = 1993 -} - -@ARTICLE{MillerPIH, - author = {Miller, Bruce L}, - title = {The Effect on Optimal Consumption of Increased Uncertainty in Labor Income in the Multiperiod Case}, - journal = {Journal of Economic Theory}, - year = 1976, - volume = 13, - pages = {154--166} -} - -@ARTICLE{mishkin:durables, - author = {Mishkin, Frederic S.}, - title = {Consumer Sentiment and Spending on Durable Goods}, - journal = {Brookings Papers on Economic Activity, 1978:1}, - year = 1978, - pages = {217--231} -} - -@ARTICLE{mishkin:brookings, - author = {Mishkin, Frederic S.}, - title = {What Depressed the Consumer? The Household Balance Sheet and the 1973-75 Recession}, - journal = {Brookings Papers on Economic Activity, 1977:1}, - year = 1977, - pages = {123--164} -} - -@ARTICLE{mishkin:aer, - author = {Mishkin, Frederic S.}, - title = {Illiquidity, Consumer Durable Expenditure, and Monetary Policy}, - journal = {American Economic Review}, - year = 1976, - volume = 66, - pages = {642--654}, - number = 4 -} - -@TECHREPORT{misraSurico:heteroResponses, - author = {Kanisha Misra and Paolo Surico}, - title = {Heterogeneous Responses and Aggregate Impact of the 2001 Income Tax Rebates}, - institution = {CEPR}, - year = 2011, - type = {discussion paper}, - number = 8306 -} - -@article{modiglianiWealth, - author = {Modigliani, Franco}, - title = {The Life Cycle Hypothesis, the Demand for Wealth, and the Supply of Capital}, - journal = {Social Research}, - volume = 33, - pages = {160--217}, - year = 1966 -} - -@INCOLLECTION{modigliani:intercountry, - author = {Modigliani, Franco}, - title = {The Life Cycle Hypothesis of Saving and Inter-Country Differences in the Saving Ratio}, - booktitle = {Induction, Growth, and Trade: Essays in Honor of Sir Roy Harrod}, - publisher = {Clarendon Press}, - year = 1970, - editor = {Eltis, W.~A., et. al.}, - address = {London} -} - -@Article{modigliani:nobel, - Title = {Life Cycle, Individual Thrift, and the Wealth of Nations}, - Author = {Modigliani, Franco}, - Journal = {American Economic Review}, - Year = 1986, - Month = {June}, - Note = {Available at { \url{http://www.jstor.org/stable/1813352}}}, - Number = 76, - Pages = {297--313}, - Volume = 3, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1813352} -} - -@ARTICLE{ma63, - author = {Modigliani, Franco and Ando, Albert}, - title = {The Life Cycle Hypothesis of Saving: Aggregate Implications and Tests}, - journal = {American Economic Review}, - year = 1963, - volume = 53, - pages = {55--84}, - number = 1 -} - -@INCOLLECTION{modigliani&brumberg:lifecycle, - author = {Modigliani, Franco and Brumberg, Richard}, - title = {Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data}, - booktitle = {Post-Keynesian Economics}, - publisher = {Rutgers University Press}, - year = 1954, - editor = {Kurihara, Kenneth K.}, - pages = {388--436}, - address = {New Brunswick, N.J.} -} - -@ARTICLE{mmTheorem, - author = {Modigliani, Franco and Miller, Merton H.}, - title = {The Cost of Capital, Corporation Finance, and the Theory of Investment}, - journal = {American Economic Review}, - year = 1958, - volume = 48, - pages = {261--297}, - number = 3, - month = {June} -} - -@INCOLLECTION{moffitt02, - author = {Moffitt, Robert}, - title = {Welfare Programs and Labor Supply}, - booktitle = {Handbook of Public Economics}, - publisher = {Elsevier}, - year = 2002, - editor = {Auerbach, A. J. and Feldstein, M.}, - volume = 4, - series = {Handbook of Public Economics}, - chapter = 34, - pages = {2393--2430} -} - -@ARTICLE{moffittID, - author = {Moffitt, Robert}, - title = {Identification And Estimation Of Dynamic Models With A Time Series Of Repeated Cross-Sections}, - journal = {Journal of Econometrics}, - year = 1993, - volume = 59, - pages = {99--123}, - number = {1-2}, - publisher = {Elsevier} -} - -@ARTICLE{moffitt84, - author = {Moffitt, Robert}, - title = {The Estimation of a Joint Wage-Hours Labor Supply Model}, - journal = {Journal of Labor Economics}, - year = 1984, - volume = 2, - pages = {550--66}, - number = 4 -} - -@ARTICLE{moffitt&gottschalk08, - author = {Moffitt, Robert A. and Gottschalk, Peter}, - title = {Trends in Transitory Variance of Male Earnings in the U.S., 1970-2004}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{moffitt&gottschalk02, - author = {Moffitt, Robert A. and Gottschalk, Peter}, - title = {Trends in the Transitory Variance of Earnings in the United States}, - journal = {Economic Journal}, - year = 2002, - volume = 112 -} - -@ARTICLE{moffitt&gottschalk95, - author = {Moffitt, Robert A. and Gottschalk, Peter}, - title = {Trends in the Covariance Structure of Earnings in the U.S.: 1969-1987}, - journal = {Manuscript}, - year = 1995 -} - -@ARTICLE{mgCovariance, - author = {Moffitt, Robert and Gottschalk, Peter}, - title = {Trends in the Covariance Structure of Earnings in the U.S.: 1969--1987}, - journal = {Journal of Economic Inequality}, - year = 2011, - volume = 9, - pages = {439--459}, - note = {doi: 10.1007/s10888-010-9154-z}, - affiliation = {Johns Hopkins University, Baltimore, MD, USA}, - file = {/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/mgCovariance.pdf:/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/mgCovariance.pdf:PDF}, - issn = {1569-1721}, - issue = 3, - keyword = {Business and Economics}, - publisher = {Springer Netherlands}, - url = {http://dx.doi.org/10.1007/s10888-010-9154-z} -} - -@TECHREPORT{MooreJohnson:2005, - author = {Moore, Kevin and Johnson, Barry}, - title = {Consider the Source: Differences in Estimates of Income and Wealth from Survey and Tax Data}, - institution = {Federal Reserve Board, Internal Revenue Service}, - year = 2005, - address = {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/johnsmoore.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/johnsmoore.pdf}}, - month = {January} -} - -@ARTICLE{mor03, - author = {Moreira, Marcelo J.}, - title = {A Conditional Likelihood Ratio Test for Structural Models}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {1027--1048}, - number = 4 -} - -@ARTICLE{morris&shin:inertia, - author = {Morris, Stephen and Shin, Hyung Sohn}, - title = {The Inertia of Forward Looking Expectations}, - journal = {Manuscript, London School of Economics}, - year = 2005 -} - -@ARTICLE{mpSearch, - author = {Mortensen, Dale T and Pissarides, Christopher A}, - title = {Job Creation and Job Destruction in the Theory of Unemployment}, - journal = {Review of Economic Studies}, - year = 1994, - volume = 61, - pages = {397--415}, - number = 3, - month = {July}, - bdsk-url-1 = {http://ideas.repec.org/a/bla/restud/v61y1994i3p397-415.html}, - url = {http://ideas.repec.org/a/bla/restud/v61y1994i3p397-415.html} -} - -@ARTICLE{mroz87, - author = {Mroz, Thomas A}, - title = {The Sensitivity of an Empirical Model of Married Women's Hours of Work to Economic and Statistical Assumptions}, - journal = {Econometrica}, - year = 1987, - volume = 55, - pages = {765--99}, - number = 4 -} - -@ARTICLE{muellbauerFed, - author = {Muellbauer, John N.}, - title = {Housing, Credit, and Consumer Expenditure}, - journal = {Housing, Housing Finance, and Monetary Policy}, - year = 2007, - bdsk-url-1 = {http://www.kc.frb.org/publicat/sympos/2007/PDF/Muellbauer_0415.pdf}, - publisher = {Federal Reserve Bank of Kansas City}, - url = {http://www.kc.frb.org/publicat/sympos/2007/PDF/Muellbauer_0415.pdf} -} - -@ARTICLE{mulligan&xavier:transition, - author = {Mulligan, Casey and i Martin, Xavier Sala}, - title = {Transitional Dynamics in Two-Sector Models of Endogenous Growth}, - journal = {Quarterly Journal of Economics}, - year = 1993, - pages = {739--93}, - month = {August} -} - -@MISC{mulliganRBC, - author = {Mulligan, Casey B.}, - title = {Are Employers Unwilling to Hire, or Are Some Workers Unwilling to Work?}, - howpublished = {\url{http://economix.blogs.nytimes.com/2008/12/24/are-employers-unwilling-to-hire-or-are-workers-unwilling-to-work/}}, - year = 2008, - journal = {New York Times Economix Blog}, - volume = {January 8} -} - -@ARTICLE{Mulligan&sm:transdynam, - author = {{Mulligan, Casey B.} and {Xavier Sala-i-Martin}}, - title = {Transitional Dynamics in Two-Sector Models of Endogenous Growth}, - journal = {Quarterly Journal of Economics}, - year = 1993, - volume = {CVIII}, - pages = {739--773}, - number = 3, - month = {August} -} - -@TECHREPORT{mrMobilityIndia, - author = {Munshi, Kaivan and Rosenzweig, Mark}, - title = {Why is Mobility in India so Low? Social Insurance, Inequality, and Growth}, - institution = {National Bureau of Economic Research}, - year = 2009, - type = {Working Paper}, - number = 14850, - month = {April}, - abstract = {This paper examines the hypothesis that the persistence of low spatial and marital mobility in rural India, despite increased growth rates and rising inequality in recent years, is due to the existence of sub-caste networks that provide mutual insurance to their members. Unique panel data providing information on income, assets, gifts, loans, consumption, marriage, and migration are used to link caste networks to household and aggregate mobility. Our key finding, consistent with the hypothesis that local risk-sharing networks restrict mobility, is that among households with the same (permanent) income, those in higher-income caste networks are more likely to participate in caste-based insurance arrangements and are less likely to both out-marry and out-migrate. At the aggregate level, the networks appear to have coped successfully with the rising inequality within sub-castes that accompanied the Green Revolution. The results suggest that caste networks will continue to smooth consumption in rural India for the foreseeable future, as they have for centuries, unless alternative consumption-smoothing mechanisms of comparable quality become available.}, - bdsk-url-1 = {http://www.nber.org/papers/w14850}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w14850} -} - -@ARTICLE{muth:rational, - author = {Muth, John F.}, - title = {Rational Expectations and the Theory of Price Movements}, - journal = {Econometrica}, - year = 1961, - volume = 29, - pages = {315--35}, - number = 3, - month = {July} -} - -@article{muthOptimal, - author = {Muth, John F.}, - journal = {Journal of the American Statistical Association}, - number = 290, - pages = {299--306}, - title = {Optimal Properties of Exponentially Weighted Forecasts}, - volume = 55, - year = 1960, -} - -@ARTICLE{naik&moore:habits, - author = {Naik, Narayan and Moore, Michael}, - title = {Habit Formation and Intertemporal Substitution in Individual Food Consumption}, - journal = {Review of Economics and Statistics}, - year = 1996, - volume = 78, - pages = {321--328}, - number = 2 -} - -@BOOK{cnstatMeasuring, - title = {Measuring What We Spend: Toward a New Consumer Expenditure Survey}, - publisher = {The National Academies Press}, - year = 2012, - author = {{National Research Council}}, - note = {Don A. Dillman and Carol C. House, Editors; Panel on Redesigning the BLS Consumer Expenditure Surveys; Committee on National Statistics; Division of Behavioral and Social Sciences and Education}, - isbn = 9780309265751, - url = {http://www.nap.edu/openbook.php?record_id=13520} -} - -@ARTICLE{neave:inherit, - author = {Neave, Edwin H.}, - title = {Multiperiod Consumption-Investment Decisions and Risk Preference}, - journal = {Journal of Economic Theory}, - year = 1971, - volume = 3, - pages = {40--53}, - number = 1 -} - -@ARTICLE{nelson&startz:disease, - author = {{Nelson, Charles R.} and Startz, Richard}, - title = {The Distribution of the Instrumental Variables Estimator and its t-Ratio When the Instrument iIs a Poor One}, - journal = {Journal of Business}, - year = 1990, - volume = 63, - pages = {125--140} -} - -@ARTICLE{nwTelescoping, - author = {Neter, J. and Waksberg, J.}, - title = {A Study Of Response Errors In Expenditures Data From Household Interviews}, - journal = {Journal of the American Statistical Association}, - year = 1964, - pages = {18--55}, - publisher = {JSTOR} -} - -@ARTICLE{newey&west:hac, - author = {Newey, Whitney K. and West, Kenneth D.}, - title = {A Simple Positive Semi-Definite, Heteroskedasticity and Autorcorrelation Consistent Covariance Matrix}, - journal = {Econometrica}, - year = 1987, - volume = 55, - pages = {703--708} -} - -@ARTICLE{ng:acase, - author = {Ng, Y.~K.}, - title = {A Case for Happiness, Cardinalism, and Interpersonal Comparability}, - journal = {Economic Journal}, - year = 1997, - volume = 107, - pages = {1848--1858} -} - -@TECHREPORT{nielsenExpectations, - author = {Nielsen, Hannah}, - title = {Essays on Expectations}, - institution = {Aachen}, - year = 2003 -} - -@ARTICLE{nv:risk, - author = {Nielsen, Helena~Skyt and Vissing-Jorgensen, Annette}, - title = {The Impact of Labor Income Risk on Educational Choices: Estimates and Implied Risk Aversion}, - journal = {Manuscript}, - year = 2006 -} - -@ARTICLE{normanRuleOfLaw, - author = {Norman, Catherine S.}, - title = {Rule of Law And The Resource Curse: Abundance Versus Intensity}, - journal = {Environmental and Resource Economics}, - year = 2009, - volume = 43, - pages = {183--207}, - number = 2, - note = {\\ \url{http://www.springerlink.com/index/573331512G41V538.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/normanRuleOfLaw.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/normanRuleOfLaw.pdf:PDF}, - publisher = {Springer}, - url = {http://www.springerlink.com/index/573331512G41V538.pdf} -} - -@ARTICLE{ndfMontreal, - author = {Norman, Catherine S. and DeCanio, Stephen and Fan, Lin}, - title = {The Montreal Protocol at 20: Ongoing Opportunities For Integration With Climate Protection}, - journal = {Global Environmental Change}, - year = 2008, - volume = 18, - pages = {330--340}, - number = 2, - note = {\\ \url{http://www.sciencedirect.com/science/article/pii/S0959378008000198}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ndfMontreal.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ndfMontreal.pdf:PDF}, - url = {http://www.sciencedirect.com/science/article/pii/S0959378008000198} -} - -@ARTICLE{ow05, - author = {O'Reilly, Gerard and Whelan, Karl}, - title = {Has Euro-Area Inflatin Persistence Changed over Time?}, - journal = {Review of Economics and Statistics}, - year = 2005, - volume = 87, - pages = {709--720}, - number = 4 -} - -@ARTICLE{obstfeld:habitsdiagram, - author = {Obstfeld, Maury}, - title = {International Adjustment with Habit-Forming Consumption: A Diagrammatic Exposition}, - journal = {Review of International Economics}, - year = 1992, - volume = 1, - pages = {32--48}, - number = 1 -} - -@ARTICLE{orIntertemporal, - author = {Obstfeld, Maurice and Rogoff, Kenneth}, - title = {The Intertemporal Approach to the Current Account}, - journal = {in Handbook of International Economics, ed. by Gene M. Grossman and Kenneth Rogoff (North Holland, Amsterdam)}, - year = 1995, - volume = 3, - pages = {121--139} -} - -@BOOK{oecd04, - title = {Benefits and Wages: OECD Indicators}, - publisher = {Organization for Economic Co-operation and Development}, - year = 2004, - author = {OECD} -} - -@misc{carroll:reviewoecd, - journal = {Journal of Economic Literature}, - author = {OECD}, - year = 1997, - note = {Book Review}, - title = {Global Capital Shortages: Real Threat or Pure Fiction?} -} - -@BOOK{okunPandQ, - title = {Prices and Quantities: A Macroeconomic Analysis}, - publisher = {Brookings Institution Press}, - year = 1981, - author = {Okun, Arthur M.} -} - -@ARTICLE{ors:investment, - author = {Oliner, Stephen, Glenn D. Rudebusch and Sichel, Daniel}, - title = {New and Old Models of Business Investment: A Comparison of Forecasting Performance}, - journal = {Journal of Money, Credit, and Banking}, - year = 1995, - pages = {806--826}, - month = {August} -} - -@ARTICLE{ov97, - author = {Orazem, Peter F. and Vodopivec, Milan}, - title = {Value of Human Capital in transition to market: Evidence from {S}lovenia}, - journal = {European Economic Review}, - year = 1997, - volume = 41, - pages = {893--903}, - number = {3--5} -} - -@ARTICLE{orphanides:realtimeaer, - author = {Orphanides, Athanasios}, - title = {Monetary Policy Rules Based on Real-Time Data}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - pages = {964--985}, - number = 4, - month = {September}, - note = {available at http://ideas.repec.org/a/aea/aecrev/v91y2001i4p964-985.html} -} - -@ARTICLE{orphanides:rationaladdictjpe, - author = {Orphanides, Athanasios and Zervos, David}, - title = {Rational Addiction with Learning and Regret}, - journal = {Journal of Political Economy}, - year = 1995, - volume = 103, - pages = {739--58}, - number = 4, - month = {August}, - note = {available at http://ideas.repec.org/a/ucp/jpolec/v103y1995i4p739-58.html} -} - -@ARTICLE{OSY:2002, - author = {Ostergaard, Charlotte and Sorensen, Bent E. and Yosha, Oved}, - title = {Consumption and Aggregate Constraints: Evidence from U.S. States And Canadian Provinces}, - journal = {Journal of Polictical Economics}, - year = 2002, - volume = 110, - pages = {634--645}, - number = 3 -} - -@ARTICLE{ol92, - author = {{Osterwald--Lenum}, Michael}, - title = {A Note with Quantiles of the Asymptotic Distribution of the Maximum Likelihood Cointegration Rank Test Statistics}, - journal = {Oxford Bulletin of Economics and Statistics}, - year = 1992, - volume = 54, - pages = {461--472}, - number = 3 -} - -@TECHREPORT{Otsuka:2003, - author = {Ostuka, Misuzu}, - title = {Household Portfolio Choice with Illiquid Assets}, - institution = {Johns Hopkins University}, - year = 2003 -} - -@ARTICLE{oswald:happiness, - author = {Oswald, Andrew J.}, - title = {Happiness and Economic Performance}, - journal = {Economic Journal}, - year = 1997, - volume = 107, - pages = {1815--1831} -} - -@MISC{Otoo:1999, - author = {Otoo, Maria W.}, - title = {Consumer Sentiment and the Stock Market}, - howpublished = {Federal Reserve Board Finance and Discussion Series working paper no. 1999-60}, - year = 1999, - abstract = {This paper examines the relationship between movements in consumer sentiment and stock prices. At the aggregate level, the two share a strong contemporaneous relationship: an increase in equity values boosts sentiment. However, I examined the nature of the relationship between the two. Does an increase in stock prices raise aggregate sentiment because people are wealthier or because they use movements in stock prices as an indicator of future economic activity and potential labor income growth? Using individual observations from the Michigan survey I found results more consistent with the view that people use movements in equity prices as a leading indicator. Although the findings do not rule out a traditional wealth effect, they do raise some questions about the causal role of wealth in aggregate spending.} -} - -@ARTICLE{otoo:consumersentiment, - author = {Otoo, Maria Ward}, - title = {Consumer Sentiment and the Stock Market}, - journal = {Board of Governors of the Federal Reserve}, - year = 1999 -} - -@ARTICLE{overland:habits, - author = {Overland, Jody}, - title = {Optimal Saving with Stochastic Income and Habit Formation}, - journal = {Manuscript, Brown University}, - year = 1997 -} - -@ARTICLE{padulaApprox, - author = {Padula, Mario}, - title = {An Approximate Consumption Function}, - journal = {Presentation at Computing in Economics and Finance Meetings, Cyprus, 2006} -} - -@ARTICLE{pag84, - author = {Pagan, Adrian}, - title = {Econometric Issues in the Analysis of Regressions with Generated Regressors}, - journal = {International Economic Review}, - year = 1984, - volume = 25, - pages = {221--247}, - number = 1 -} - -@ARTICLE{palumbo:medical, - author = {Palumbo, Michael G}, - title = {Uncertain Medical Expenses and Precautionary Saving Near the End of the Life Cycle}, - journal = {Review of Economic Studies}, - year = 1999, - volume = 66, - pages = {395--421}, - number = 2, - note = {Available at {\url{http://ideas.repec.org/a/bla/restud/v66y1999i2p395-421.html}}} -} - -@ARTICLE{palumbo:medicalWP, - author = {Palumbo, Michael G.}, - title = {Precautionary Saving and Out-Of-Pocket Medical Expenditures Near the End of the Life Cycle}, - journal = {Manuscript, University of Houston}, - year = 1997 -} - -@ARTICLE{parente&prescott:technology, - author = {{Parente, Steven L.} and {Edward C. Prescott}}, - title = {Barriers to Technology Adoption and Development}, - journal = {Journal of Political Economy}, - year = 1994, - volume = 102, - pages = {298--321}, - number = 2 -} - -@ARTICLE{parkLiqConstrContinuous, - author = {Park, Myung-Ho}, - title = {An Analytical Solution to the Inverse Consumption Function with Liquidity Constraints}, - journal = {Economics Letters}, - year = 2006, - volume = 92, - pages = {389--394} -} - -@comment{parkerSocSec:socialsecurityOld} - -@ARTICLE{parkerSocSec, - author = {Parker, Jonathan A.}, - title = {The Reaction of Household Consumption to Predictable Changes in Social Security Taxes}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {959--973}, - number = 4, - month = {September} -} - -@ARTICLE{ParkerRiskReturn, - author = {Parker, Jonathan A.}, - title = {Consumption Risk and Expected Stock Returns}, - journal = {American Economic Review Papers and Proceedings}, - year = 2003, - volume = 93, - number = 2, - month = {May}, - note = {Available at { \url{http://ideas.repec.org/p/nbr/nberwo/9548.html}}} -} - -@INCOLLECTION{Parker:Spendthrift, - author = {Parker, Jonathan A.}, - title = {Spendthrift in America? On Two Decades of Decline in the U.S.\ Saving Rate}, - booktitle = {NBER Macroeconomics Annual 1999, Volume 14}, - publisher = {National Bureau of Economic Research, Inc}, - year = 2000, - series = {NBER Chapters}, - pages = {317--387}, - month = {July}, - bdsk-url-1 = {http://ideas.repec.org/h/nbr/nberch/11050.html}, - url = {http://ideas.repec.org/h/nbr/nberch/11050.html} -} - -@INCOLLECTION{parker_nberma_spendthrift, - author = {Parker, Jonathan A.}, - title = {Spendthrift in America? On Two Decades of Decline in the U.S.\ Saving Rate}, - booktitle = {NBER Macroeconomics Annual 1999, Volume 14}, - publisher = {National Bureau of Economic Research, Inc}, - year = 2000, - series = {NBER Chapters}, - pages = {317--387}, - month = {July}, - bdsk-url-1 = {http://ideas.repec.org/h/nbr/nberch/11050.html}, - url = {http://ideas.repec.org/h/nbr/nberch/11050.html} -} - -@ARTICLE{parkerSocSecReEst, - author = {Parker, Jonathan A.}, - title = {The Consumption Function Re-Estimated}, - journal = {Mimeo, Princeton University}, - year = 1999 -} - -@ARTICLE{pjLuxuries, - author = {Parker, Jonathan A and Julliard, Christian}, - title = {Consumption Risk And The Cross Section Of Expected Returns}, - journal = {Journal of Political Economy}, - year = 2005, - volume = 113, - pages = {185--222}, - number = 1, - publisher = {JSTOR} -} - -@ARTICLE{ParkerPrestonPrecaution, - author = {Parker, Jonathan A. and Preston, Bruce}, - title = {Precautionary Saving and Consumption Fluctuations}, - journal = {American Economic Review}, - year = 2005, - volume = 95, - pages = {1119--1143}, - number = 4, - month = {September} -} - -% Crossref = "NBERcarr11-1", - -@article{ParkerSoulelesCarroll-0-NBER, - title = "The Benefits of Panel Data in Consumer Expenditure Surveys", - author = "Jonathan A. Parker and Nicholas S. Souleles and Christopher D. Carroll", - year = 2014, - month = "July", - journal = {NBER Book Chapter Drafts Series}, - URL = "http://www.nber.org/chapters/c12674", - note = {At \url{http://www.nber.org/chapters/c12674}} -} - -% type = "Book", - -@book{NBERcarr11-1, - title = "Improving the Measurement of Consumer Expenditures", - editor = "Christopher Carroll and Thomas Crossley and John Sabelhaus", - institution = "National Bureau of Economic Research", - publisher = "University of Chicago Press", - year = 2015, - volume = 74, - series = {NBER-CRIW Series in Income and Wealth}, - URL = "http://www.nber.org/books/carr11-1", -} - -@ARTICLE{jps:rebatesWP, - author = {Parker, Jonathan A. and Souleles, Nicholas S. and Johnson, David S.}, - title = {Consumption and Tax Cuts: Evidence from the Randomized Income Tax Rebates of 2001}, - journal = {Manuscript, The Wharton School}, - year = 2003 -} - -@TECHREPORT{PSJM2008, - author = {Parker, Jonathan A. and Souleles, Nicholas S and Johnson, David S. and McClelland, Robert}, - title = {Consumer Spending and the Economic Stimulus Payments of 2008}, - institution = {National Bureau of Economic Research, Inc}, - year = 2011, - type = {NBER Working Papers}, - number = 16684 -} - -@TECHREPORT{pvWhoBears, - author = {Parker, Jonathan A. and Vissing-Jorgensen, Annette}, - title = {Who Bears Aggregate Fluctuations and How?}, - institution = {National Bureau of Economic Research, Inc}, - year = 2009, - type = {NBER Working Papers}, - number = 14665, - month = Jan, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/14665.html}, - url = {http://ideas.repec.org/p/nbr/nberwo/14665.html} -} - -@ARTICLE{pbStim, - author = {Parker, Jonathan and Broda, Christian}, - title = {The Economic Stimulus Payments of 2008 and the Aggregate Demand for Consumption}, - journal = {Manuscript, Northwestern University}, - year = 2011 -} - -@BOOK{paulos:innumeracy, - title = {Innumeracy: Mathematical Illiteracy and Its Consequences}, - publisher = {Vintage Books}, - year = 1990, - author = {Paulos, John Allen}, - address = {New York} -} - -@ARTICLE{paxson:sandg, - author = {Paxson, Christina H.}, - title = {Saving and Growth: Evidence from Micro Data}, - journal = {European Economic Review}, - year = 1995, - volume = 40, - pages = {255--88}, - month = {February} -} - -@ARTICLE{Pedroni2004, - author = {Pedroni, Peter}, - title = {Panel Cointegration: Asymptotic and Finite Sample Properties of Pooled Time Series Tests with an Application to the PPP Hypothesis}, - journal = {Econometric Theory}, - year = 2004, - volume = 20, - pages = {597--625} -} - -@ARTICLE{peek:saving, - author = {Peek, Joe}, - title = {Capital Gains and Personal Saving Behavior}, - journal = {Journal of Money, Credit, and Banking}, - year = 1983, - volume = 15, - pages = {1--23} -} - -@Article{pemberton:failure, - Title = {The Empircial Failure of the Life Cycle Model with Perfect Capital Markets}, - Author = {Pemberton, James}, - Journal = {Oxford Economic Papers}, - Year = 1997, - Note = {Available at {\url{http://www.jstor.org/stable/2663734}}}, - Number = 1, - Pages = {129--151}, - Volume = 49, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/2663734} -} - -@ARTICLE{pendakur:inequality, - author = {Pendakur, Krishna}, - title = {Taking Prices Seriously in the Measurement of Inequality}, - journal = {Journal of Public Economics}, - volume = 86, - pages = {47--69}, - number = 1 -} - -@ARTICLE{phelps69, - author = {Phelps, Edmund S.}, - title = {The New Microeconomics in Inflation and Employment Theory}, - journal = {American Economic Review}, - year = 1969, - volume = 59, - pages = {147--160}, - number = 2 -} - -@ARTICLE{phelps:golden, - author = {Phelps, Edmund S.}, - title = {The Golden Rule of Accumulation}, - journal = {American Economic Review}, - year = 1961, - pages = {638--642}, - month = {September}, - note = {Available at { \url{http://teaching.ust.hk/~econ343/PAPERS/Edmund Phelps-The Golden Rule of Accumulation- A fable for Growth Men.pdf}}} -} - -@ARTICLE{phelpsRisk, - author = {Phelps, Edward S.}, - title = {The Accumulation of Risky Capital: A Sequential Utility Analysis}, - journal = {Econometrica}, - year = 1960, - volume = 30, - pages = {729--743}, - number = 4 -} - -@ARTICLE{po90, - author = {Phillips, Peter C. B. and Ouliaris, Sam}, - title = {Asymptotic Properties of Residual Based Tests for Cointegration}, - journal = {Econometrica}, - year = 1990, - volume = 58, - pages = {165--193}, - number = 1 -} - -@ARTICLE{pst07, - author = {Monika Piazessi and Martin Schneider and Selale Tuzel}, - title = {Housing, Consumption and Asset Pricing}, - journal = {Journal of Financial Economics}, - year = 2007, - volume = 83, - pages = {531--569} -} - -@ARTICLE{pichette&tremblay:wealtheffects, - author = {Pichette, Lise and Tremblay, Dominique}, - title = {Are Wealth Effects Important for Canada?}, - journal = {Bank of Canada Working Paper 30}, - year = 2003 -} - -@TECHREPORT{pt03, - author = {Pichette, Lise and Tremblay, Dominique}, - title = {Are Wealth Effects Important for Canada?}, - institution = {Bank of Canada}, - year = 2003, - type = {working paper}, - number = 30 -} - -@ARTICLE{piergiorgio:stockmarket, - author = {Piergiorgio, Alessandri}, - title = {Aggregate Consumption and the Stock Market: A New Assessment of the Equity Wealth Effect}, - journal = {Manuscript, University of London}, - year = 2003 -} - -@TECHREPORT{pl03, - author = {Piger, Jeremy and Levin, Andrew}, - title = {Is Inflation Persistence Intrinsic in Industrial Economies?}, - institution = {Federal Reserve Bank of St. Louis}, - year = 2003, - type = {Federal Reserve Bank of St. Louis working paper.}, - number = 23 -} - -@ARTICLE{pigou:utility, - author = {Pigou, A. C.}, - title = {Some Remarks on Utility}, - journal = {Economic Journal}, - year = 1903, - pages = {58--68} -} - -@BOOK{pinker:mind, - title = {How the Mind Works}, - publisher = {W.W. Norton And Company}, - year = 1997, - author = {Pinker, Stephen} -} - -@ARTICLE{pischkeMicroMacro, - author = {Pischke, J{\"o}rn-Steffen}, - title = {Individual Income, Incomplete Information, and Aggregate Consumption}, - journal = {Econometrica}, - year = 1995, - volume = 63, - pages = {805--40}, - number = 4, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/pischkeMicroMacro.pdf}, -} - -@INPROCEEDINGS{ppsDistribution, - author = {Pistaferri, Luigi and Saporta-Eksten, Itay}, - title = {Changes in the Income Distribution and Aggregate Consumption}, - booktitle = {Federal Reserve Board meeting}, - year = 2012 -} - -@ARTICLE{pr07, - author = {Pivetta, Frederick and Reis, Ricardo}, - title = {The persistence of inflation in the United States}, - journal = {Journal of Economic Dynamics and Control}, - year = 2007, - volume = 34, - pages = {1326--1358}, - number = 1 -} - -@ARTICLE{ploner:wealtheffects, - author = {Ploner, Matteo}, - title = {The Financial Markets and Wealth Effects on Consumption}, - journal = {Universita Degli Di Trento Discussion Paper 6}, - year = 2003 -} - -@ARTICLE{polbornCalibration, - author = {Polborn, Mattias K.}, - title = {Calibrating The World And The World Of Calibration}, - journal = {Manuscript, University of Western Ontario}, - year = 2001, - note = {\url{http://publish.uwo.ca/~mpolborn/calibration.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/polbornCalibration.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/polbornCalibration.pdf:PDF}, - url = {http://publish.uwo.ca/~mpolborn/calibration.pdf} -} - -@ARTICLE{pollack:tastes, - author = {Pollack, Robert A.}, - title = {Endogenous Tastes in Demand and Welfare Analysis}, - journal = {American Economic Review}, - year = 1978, - volume = 68, - pages = {374--79} -} - -@BOOK{Porter:1990, - title = {The Competitive Advantage of Nations}, - publisher = {New York: Free Press}, - year = 1990, - author = {Porter, Michael E.} -} - -@INCOLLECTION{posen:cred2, - author = {Posen, Adam S.}, - title = {Declarations Are Not Enough: Financial Sector Sources of Central Bank Independence}, - booktitle = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 1995, - editor = {Bernanke, Ben S. and Rotemberg, Julio J.}, - pages = {258--74}, - address = {Cambridge, MA} -} - -@ARTICLE{posen:cred, - author = {Posen, Adam S.}, - title = {Central Bank Independence and Disinflationary Credibility: A Missing Link?}, - journal = {Oxford Economic Papers}, - year = 1998, - volume = 50, - pages = {335--59}, - number = 3 -} - -@ARTICLE{posen:credold, - author = {Posen, Adam S.}, - title = {Central Bank Independence and Disinflationary Credibility: A Missing Link?}, - journal = {Federal Reserve Bank of New York Staff Reports}, - year = 1995, - number = 1 -} - -@INCOLLECTION{poterba:taxportfolios, - author = {Poterba, James M.}, - title = {Taxation and Portfolio Structure: Issues and Implications}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, Tullio} -} - -@ARTICLE{Poterba:2000, - author = {Poterba, James M.}, - title = {Stock Market Wealth and Consumption}, - journal = {Journal of Economic Perspectives}, - year = 2000, - volume = 14, - pages = {99--118}, - number = 2, - abstract = {This paper explores the link between changes in the aggregate value of corporate stock and changes in consumer spending. It presents data on the distribution of corporate stock ownership based on the 1998 Survey of Consumer Finances. It also uses time-series evidence on the comovement of stock market wealth and various categories of consumer spending to calibrate {"}the wealth effect.{"} It concludes that in the year after a change in stock market values, consumer spending is likely to rise by between one and two cents for each dollar increase in the value of corporate stock.} -} - -@misc{carroll:reviewpoterba, - journal = {Journal of Economic Literature}, - author = {Poterba, James M.}, - year = 1996, - volume = 34, - number = 4, - note = {. Book Review}, - title = {International Comparisons of Household Saving} -} - -@ARTICLE{poterba:excise, - author = {Poterba, James M.}, - title = {Lifetime incidence and the distributional burden of excise taxes}, - journal = {American Economic Review}, - year = 1989, - volume = 79, - pages = {325--330} -} - -@ARTICLE{poterba&samwick:stockmarket, - author = {Poterba, James M. and Samwick, Andrew A.}, - title = {Stock Ownership Patterns, Stock Market Fluctuations, and Consumption}, - journal = {Brookings Paper on Economic Activity}, - year = 1995, - volume = 2, - pages = {295--372} -} - -@INCOLLECTION{powell, - author = {Powell, James L.}, - title = {Estimation of Semiparametric Models}, - booktitle = {Handbook of Econometrics}, - publisher = {Elsevier}, - year = 1994, - volume = 4, - pages = {2443--2521} -} - -@ARTICLE{prs:brookings, - author = {Prasad, Eswar and Rajan, Raghuram and Subramanian, Arvind}, - title = {Foreign Capital and Economic Growth}, - journal = {Brookings Papers on Economic Activity}, - year = 2007, - pages = {153--230} -} - -@ARTICLE{pratt:smallandlarge, - author = {Pratt, John W.}, - title = {Risk Aversion in the Small and in the Large}, - journal = {Econometrica}, - year = 1964, - volume = 32, - pages = {122--136} -} - -@ARTICLE{quadrini:entrepreneurship, - author = {Quadrini, Vincenzo}, - title = {Entrepreneurship, Saving, and Social Mobility}, - journal = {Review of Economic Dynamics}, - year = 2000, - volume = 3, - pages = {1--40}, - number = 1 -} - -@ARTICLE{quadrini:wealth, - author = {Quadrini, Vincenzo}, - title = {The Importance of Entrepreneurship for Wealth Concentration and Mobility}, - journal = {The Review of Income and Wealth}, - year = 1999, - volume = 45, - pages = {1--20} -} - -@ARTICLE{quadrini&riosrull:wealth, - author = {Quadrini, Vincenzo and R{\'}{i}os-Rull, Jos{\'}{e}-V{\'}{i}ctor}, - title = {Models of the Distribution of Wealth}, - journal = {Manuscript, University of Pennsylvania}, - year = 1997 -} - -@ARTICLE{quah:identification, - author = {Quah, Danny}, - title = {The Relative Importance of Permanent and Transitory Components: Identification and Some Theoretical Bounds}, - journal = {Econometrica}, - year = 1992, - volume = 60, - pages = {107--18}, - number = 1 -} - -@ARTICLE{quah:smooth, - author = {Quah, Danny}, - title = {Permanent and Transitory Movements in Labor Income: An Explanation for {``}Excess Smoothness{''} in Consumption}, - journal = {Journal of Political Economy}, - year = 1990, - volume = 98, - pages = {449--75}, - number = 3 -} - -@ARTICLE{rabin:psych, - author = {Rabin, Matthew}, - title = {Psychology and Economics}, - journal = {Journal of Economic Literature}, - year = 1998, - volume = {XXXVI}, - pages = {11--46}, - month = {March} -} - -@ARTICLE{rbm:lossaversion, - author = {Rabin, Matthew and Bowman, David and Minehart, Deborah}, - title = {Loss Aversion in a Consumption-Savings Model}, - journal = {Journal of Economic Behavior and Organization}, - year = 1999, - volume = 38, - pages = {155--178}, - number = 2, - month = {February} -} - -@ARTICLE{odonoghue&rabin:noworlater, - author = {Rabin, Matthew and O'Donoghue, Ted}, - title = {Doing It Now or Later}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {103--24}, - number = 1 -} - -@ARTICLE{rameyFrancisLeisure, - author = {Ramey, Valerie A. and Francis, Neville}, - title = {A Century of Work and Leisure}, - journal = {NBER Working Paper Number 12264}, - year = 2006 -} - -@UNPUBLISHED{Ravina:2005, - author = {Ravina, Enrichetta}, - title = {Habit Persistence and Keeping Up with the Joneses: Evidence from Micro Data}, - note = {Working Paper}, - month = {November}, - year = 2005 -} - -@ARTICLE{rebelo:long, - author = {Rebelo, Sergio T.}, - title = {Long-Run Policy Analysis and Long-Run Growth}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {500--521}, - number = 3, - month = {June} -} - -@ARTICLE{reisPortugal, - author = {Reis, Ricardo}, - title = {The Portuguese Slump-Crash and the Euro-Crisis}, - journal = {Brookings Papers on Economic Activity}, - year = 2013 -} - -@TECHREPORT{rei04, - author = {Reis, Ricardo}, - title = {Inattentive Consumers}, - institution = {Princeton University}, - year = 2004, - type = {mimeo} -} - -@ARTICLE{reiter:backward, - author = {Reiter, Michael}, - title = {Solving the Incomplete Markets Model with Aggregate Uncertainty by Backward Induction}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {28--35}, - number = 1, - month = {January} -} - -@ARTICLE{reiter08, - author = {Reiter, Michael}, - title = {Solving Heterogeneous-Agent Models by Backward Induction}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{reiter06, - author = {Reiter, Michael}, - title = {Solving Heterogeneous-Agent Models by Projection and Perturbation}, - journal = {Manuscript}, - year = 2006 -} - -@ARTICLE{reiter:recursive, - author = {Reiter, Michael}, - title = {Recursive Computation of Heterogeneous Agent Models}, - journal = {Paper Prepared for SITE Conference, Summer 2004, Stanford University}, - year = 2004 -} - -@ARTICLE{reiterRich, - author = {Reiter, Michael}, - title = {Do the rich save too much? How to explain the top tail of the wealth distribution}, - journal = {manuscript, Universitat Pompeu Fabra}, - year = 2004, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/reiterRich.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/reiterRich.pdf:PDF} -} - -@ARTICLE{csxanth3, - author = {Reyes-Morales, Sally E.}, - title = {Characteristics of Nonresponders in the Consumer Expenditure Quarterly Interview Survey}, - journal = {Consumer Expenditure Survey Anthology}, - year = 2005, - pages = {18--23}, - note = {\url{http://www.bls.gov/cex/anthology05/csxanth3.pdf}}, - file = {csxanth3.pdf:csxanth3.pdf:PDF}, - url = {http://www.bls.gov/cex/anthology05/csxanth3.pdf} -} - -@ARTICLE{csxanth4, - author = {Reyes-Morales, Sally E.}, - title = {Characteristics of Complete and Intermittent Responders in the Consumer Expenditure Quarterly Interview Survey}, - journal = {Consumer Expenditure Survey Anthology}, - year = 2003, - pages = {25--29}, - note = {\url{http://www.bls.gov/cex/anthology/csxanth4.pdf}}, - file = {csxanth4.pdf:csxanth4.pdf:PDF}, - url = {http://www.bls.gov/cex/anthology/csxanth4.pdf} -} - -@ARTICLE{reitzDisasters, - author = {Rietz, Thomas A.}, - title = {The Equity Risk Premium: A Solution}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 22, - pages = {117--131}, - number = 1 -} - -@ARTICLE{rrUnbounded, - author = {Rinc{\'o}n-Zapatero, Juan Pablo and Rodr{\i}guez-Palmero, Carlos}, - title = {Existence and Uniqueness of Solutions to the Bellman Equation in the Unbounded Case}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {pp.1519--1555}, - number = 5, - abstract = {We study the problem of the existence and uniqueness of solutions to the Bellman equation in the presence of unbounded returns. We introduce a new approach based both on consideration of a metric on the space of all continuous functions over the state space, and on the application of some metric fixed point theorems. With appropriate conditions we prove uniqueness of solutions with respect to the whole space of continuous functions. Furthermore, the paper provides new sufficient conditions for the existence of solutions that can be applied to fairly general models. It is also proven that the fixed point coincides with the value function and that it can be approached by successive iterations of the Bellman operator.}, - copyright = {Copyright © 2003 The Econometric Society}, - file = {ByCiteKey/rrUnbounded.pdf:ByCiteKey/rrUnbounded.pdf:PDF}, - issn = 00129682, - jstor_articletype ={research-article}, - jstor_formatteddate ={Sep., 2003}, - language = {English}, - publisher = {The Econometric Society}, - url = {http://www.jstor.org/stable/1555510} -} - -@ARTICLE{robertsStickyInfl, - author = {Roberts, John M.}, - title = {Is Inflation Sticky?}, - journal = {Journal of Monetary Economics}, - year = 1997, - pages = {173--196}, - number = 2 -} - -@ARTICLE{robertsQJE:inflexp, - author = {Roberts, John M.}, - title = {Inflation Expectations and the Transmission of Monetary Policy}, - journal = {Federal Reserve Board FEDS working paper Number 1998-43}, - year = 1998 -} - -@ARTICLE{roberts:phillips, - author = {Roberts, John M.}, - title = {New Keynesian Economics and the Phillips Curve}, - journal = {Journal of Money, Credit, and Banking}, - year = 1995, - volume = 27, - pages = {975--984}, - number = 4 -} - -@BOOK{robinson:philosophy, - title = {Economic Philosophy}, - publisher = {Aldine}, - year = 1962, - author = {Robinson, Joan}, - address = {Chicago} -} - -@ARTICLE{rodrikSavTransitions, - author = {Rodrik, Dani}, - title = {Saving Transitions}, - journal = {The World Bank Economic Review}, - year = 2000, - volume = 14, - pages = {481--507}, - number = 3, - publisher = {World Bank} -} - -@ARTICLE{rodrik:transitions, - author = {Rodrik, Dani}, - title = {Saving Transitions}, - journal = {Manuscript, Harvard University}, - year = 1999 -} - -@ARTICLE{romerFiscal, - author = {Romer, Christina D.}, - title = {What Do We Know about the Effects of Fiscal Policy? Separating Evidence from Ideology}, - journal = {Speech at Hamilton College, November}, - year = 2011 -} - -@BOOK{romer:text, - title = {Advanced Macroeconomics}, - publisher = {McGraw-Hill/Irwin}, - year = 2011, - author = {Romer, David}, - edition = {Fourth} -} - -@INCOLLECTION{romer:capform, - author = {Romer, Paul M.}, - title = {Capital Accumulation in the Theory of Long Run Growth}, - booktitle = {Modern Business Cycle Theory}, - publisher = {Harvard University Press}, - year = 1989, - editor = {Barro, Robert J.}, - address = {Cambridge, Massachusetts} -} - -@ARTICLE{Romer:1986, - author = {Romer, Paul M}, - title = {Increasing Returns and Long-Run Growth}, - journal = {Journal of Political Economy}, - year = 1986, - volume = 94, - pages = {1002--37}, - number = 5, - month = {October} -} - -@ARTICLE{romer:growth, - author = {Romer, Paul M.}, - title = {Increasing Returns and Long Run Growth}, - journal = {Journal of Political Economy}, - year = 1986, - volume = 94, - pages = {1002--37}, - month = {October} -} - -@INCOLLECTION{rotemberg&woodford:macroannual, - author = {Rotemberg, Julio J. and Woodford, Michael}, - title = {An Optimization-Based Econometric Model for the Evaluation of Monetary Policy}, - booktitle = {NBER Macroeconomics Annual, 1997}, - publisher = {MIT Press}, - year = 1997, - editor = {Bernanke, Benjamin S. and Rotemberg, Julio J.}, - volume = 12, - pages = {297--346}, - address = {Cambridge, MA} -} - -@ARTICLE{rotembergWoodfordPred, - author = {Rotemberg, Julio J. and Woodford, Michael}, - title = {Real Business Cycle Models and the Forecastable Movements in Output, Hours and Consumption}, - journal = {American Economic Review}, - year = 1996, - volume = 86, - pages = {71--89}, - number = 1, - month = {January} -} - -@ARTICLE{roth&erev:learning, - author = {Roth, Alvin and Erev, Ido}, - title = {Learning in Extensive-Form Games: Experimental Data and Simple Dynamic Models in the Intermediate Term}, - journal = {Games and Economic Behavior}, - year = 1995, - volume = 8, - pages = {164--212} -} - -@ARTICLE{Rudd2006, - author = {Jeremy Rudd and Karl Whelan}, - title = {A Note on the Cointegration of Consumption, Income, and Wealth}, - journal = {Review of Economic Dynamics}, - year = 2006, - volume = 9, - pages = {34--51} -} - -@ARTICLE{rwCWRatio, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Empirical Proxies for the Consumption-Wealth Ratio}, - journal = {Review of Economic Dynamics}, - year = 2006, - volume = 9, - pages = {34--51}, - month = {January} -} - -@ARTICLE{rwAER06, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Can Rational Expectations Sticky-Price Models Explain Inflation Dynamics?}, - journal = {American Economic Review}, - year = 2006, - volume = 96, - pages = {303--320}, - number = 1 -} - -@TECHREPORT{rw03, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Can Rational Expectations Sticky-Price Models Explain Inflation Dynamics?}, - institution = {Federal Reserve Bank of Boston}, - year = 2005, - type = {mimeo} -} - -@TECHREPORT{rw05, - author = {Jeremy Rudd and Karl Whelan}, - title = {Modelling Inflation Dynamics: A Critical Survey of Recent Research}, - institution = {Federal Reserve Bank of Boston}, - year = 2005, - type = {mimeo} -} - -@TECHREPORT{rw02, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Empirical Proxies for the Consumption--Wealth Ratio}, - institution = {Federal Reserve Board}, - year = 2002, - type = {FEDS working paper}, - number = 38 -} - -@BOOK{runciman:deprivation, - title = {Relative Deprivation and Social Justice: A Study of Attitudes to Social Inequality in Twentieth-Century England}, - publisher = {University of California Press}, - year = 1966, - author = {Runciman, W. G.}, - address = {Berkeley} -} - -@ARTICLE{runkle:PSID, - author = {Runkle, David E.}, - title = {Liquidity Constraints and the Permanent Income Hypothesis: Evidence from Panel Data}, - journal = {Journal of Monetary Economics}, - year = 1991, - volume = 27, - pages = {39--98}, - number = 1 -} - -@ARTICLE{ryder&heal:optgrow, - author = {{Ryder, Harl} and {Geoffrey Heal}}, - title = {Optimal Growth with Intertemporally Dependent Preferences}, - journal = {Review of Economic Studies}, - year = 1973, - volume = 40, - pages = {1--31}, - month = {January} -} - -@ARTICLE{sabelhaus&groen:measurement, - author = {Sabelhaus, John and Groen, Jeff}, - title = {Can Permanent-Income Theory Explain Cross-Section Consumption Patterns?}, - journal = {Manuscript, Congressional Budget Office}, - year = 1998 -} - -@ARTICLE{sjasgghByIncome, - author = {John Sabelhaus and David Johnson and Stephen Ash and David Swanson and Thesia Garner and John Greenlees and Steve Henderson}, - title = {Is the Consumer Expenditure Survey Representative by Income?}, - journal = {CRIW, University of Chicago Press}, - year = 2012, - month = {March 13} -} - -@article{szWIneq_MS, - author = {Emmanuel Saez and Gabriel Zucman}, - title = {Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data}, - year = {forthcoming}, -} - -@article{szWIneq, - title = "Wealth Inequality in the United States Since 1913: Evidence from Capitalized Income Tax Data", - author = "Emmanuel Saez and Gabriel Zucman", - institution = "National Bureau of Economic Research", - journal = {Quarterly Journal of Economics}, - year = 2016, - month = "May", - doi = {10.1093/qje/qjw004.}, - URL = "http://www.nber.org/papers/w20625", - abstract = {This paper combines income tax returns with Flow of Funds data to estimate the distribution of household wealth in the United States since 1913. We estimate wealth by capitalizing the incomes reported by individual taxpayers, accounting for assets that do not generate taxable income. We successfully test our capitalization method in three micro datasets where we can observe both income and wealth: the Survey of Consumer Finance, linked estate and income tax returns, and foundations' tax records. Wealth concentration has followed a U-shaped evolution over the last 100 years: It was high in the beginning of the twentieth century, fell from 1929 to 1978, and has continuously increased since then. The rise of wealth inequality is almost entirely due to the rise of the top 0.1\% wealth share, from 7\% in 1979 to 22\% in 2012--a level almost as high as in 1929. The bottom 90\% wealth share first increased up to the mid-1980s and then steadily declined. The increase in wealth concentration is due to the surge of top incomes combined with an increase in saving rate inequality. Top wealth-holders are younger today than in the 1960s and earn a higher fraction of total labor income in the economy. We explain how our findings can be reconciled with Survey of Consumer Finances and estate tax data.}, -} - -@techreport{NBERw20625, - title = "Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data", - author = "Emmanuel Saez and Gabriel Zucman", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = 20625, - year = 2014, - month = "October", - doi = {10.3386/w20625}, - URL = "http://www.nber.org/papers/w20625", - abstract = {This paper combines income tax returns with Flow of Funds data to estimate the distribution of household wealth in the United States since 1913. We estimate wealth by capitalizing the incomes reported by individual taxpayers, accounting for assets that do not generate taxable income. We successfully test our capitalization method in three micro datasets where we can observe both income and wealth: the Survey of Consumer Finance, linked estate and income tax returns, and foundations' tax records. Wealth concentration has followed a U-shaped evolution over the last 100 years: It was high in the beginning of the twentieth century, fell from 1929 to 1978, and has continuously increased since then. The rise of wealth inequality is almost entirely due to the rise of the top 0.1\% wealth share, from 7\% in 1979 to 22\% in 2012--a level almost as high as in 1929. The bottom 90\% wealth share first increased up to the mid-1980s and then steadily declined. The increase in wealth concentration is due to the surge of top incomes combined with an increase in saving rate inequality. Top wealth-holders are younger today than in the 1960s and earn a higher fraction of total labor income in the economy. We explain how our findings can be reconciled with Survey of Consumer Finances and estate tax data.}, -} - -@techreport{deNardi2015, - title = {Quantitative Models of Wealth Inequality: A Survey}, - author = {Mariacristina {De Nardi}}, - institution = {National Bureau of Economic Research}, - type = {working paper}, - series = {Working Paper Series}, - number = 21106, - year = 2015, - month = {April}, -} - -@TechReport{cozzi2012, - author = {Marco Cozzi}, - title = {Risk Aversion Heterogeneity, Risky Jobs and Wealth Inequality}, - year = 2012, - month = Dec, - institution = {Queen's University, Department of Economics}, - type = {Working Papers}, -} - -@INPROCEEDINGS{kruegerMitmanPerri:handbookMacro, - author = {Dirk Krueger and Kurt Mitman and Fabrizio Perri}, - title = {Macroeconomics and Heterogeneity, Including Inequality}, - booktitle = {Handbook of Macroeconomics}, - year = {forthcoming}, - editor = {John Taylor and Harald Uhlig}, - publisher = {North Holland}, - owner = {Jirka}, - url = {http://economics.sas.upenn.edu/~dkrueger/research/Handbook.pdf} -} - -@ARTICLE{saez02, - author = {Saez, Emmanuel}, - title = {Optimal Income Transfer Programs: Intensive Versus Extensive Labor Supply Responses}, - journal = {The Quarterly Journal of Economics}, - year = 2002, - volume = 117, - pages = {1039--1073}, - number = 3 -} - -@UNPUBLISHED{Safir2011, - author = {Safir, Adam}, - title = {Measurement Error and Gemini Project Overview}, - note = {CNSTAT Panel Briefing, February}, - month = {February}, - year = 2011 -} - -@ARTICLE{sag99, - author = {Saget, Catherine}, - title = {The determinants of female labour supply in {H}ungary}, - journal = {Economics of Transition}, - year = 1999, - volume = 7, - pages = {575--591}, - number = 17 -} - -@ARTICLE{sahmRiskChange, - author = {Sahm, Claudia}, - title = {How Much Does Risk Tolerance Change?}, - journal = {Finance and Economics Discussion Series}, - year = 2007, - volume = 66, - note = {\url{http://www.federalreserve.gov/Pubs/Feds/2007/200766/revision/200766pap.pdf}}, - abstract = {Stability of preferences is central to how economists study behavior. This paper uses panel data on hypothetical gambles over lifetime income in the Health and Retirement Study to quantify changes in risk tolerance over time and differences across individuals. The maximum-likelihood estimation of a correlated random effects model utilizes information from 12,000 respondents in the 1992-2002 HRS. The results are consistent with constant relative risk aversion and career selection based on preferences. While risk tolerance changes with age and macroeconomic conditions, persistent differences across individuals account for 73 percent of the systematic variation.}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/sahmRiskChange.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/sahmRiskChange.pdf:PDF}, - url = {http://www.federalreserve.gov/Pubs/Feds/2007/200766/revision/200766pap.pdf} -} - -@ARTICLE{sssMail, - author = {Claudia R. Sahm and Matthew D. Shapiro and Joel Slemrod}, - title = {Check in the Mail or More in the Paycheck: Does the Effectiveness of Fiscal Stimulus Depend on How It Is Delivered?}, - journal = {FEDS Working Paper No. 2010-40}, - year = 2010 -} - -@ARTICLE{Sahmetal:2008TaxRebates, - author = {Sahm, Claudia R. and Shapiro, Matthew D. and Slemrod, Joel B.}, - title = {Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications}, - journal = {Tax Policy and the Economy}, - year = 2010, - volume = 24, - pages = {69--110} -} - -@ARTICLE{Sahm2009, - author = {Sahm, Claudia R. and Shapiro, Matthew D. and Slemrod, Joel B.}, - title = {Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications}, - journal = {NBER Working Paper Number W15421}, - year = 2009, - month = Oct, - institution = {National Bureau of Economic Research, Inc} -} - -@ARTICLE{salaimartin:lecnotes, - author = {Sala-i-Martin, Xavier}, - title = {Lecture Notes on Economic Growth II: Five Prototype Models of Endogenous Growth}, - journal = {NBER Working Paper Number 3564}, - year = 1990, - month = {December}, - note = {\url{http://ideas.repec.org/p/nbr/nberwo/3564.html}}, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/3564.html}, - url = {http://ideas.repec.org/p/nbr/nberwo/3564.html} -} - -@INCOLLECTION{Sala-i-Martin:1992, - author = {Sala-i-Martin, Xavier and Sachs, Jeffrey}, - title = {Fiscal Federalism and optimum currency areas: Evidence for Europe from the United States}, - booktitle = {Establishing a central bank: Issues in Europe for lessons from the U.S.}, - publisher = {Cambridge University Press}, - year = 1992, - editor = {adn Vittorio Grilli, Matthew Canzoneri and Masson, Paul} -} - -@ARTICLE{samuelsonJudgment, - author = {Samuelson, Paul A.}, - title = {The Judgment of Economic Science on Rational Portfolio Management: Indexing, Timing, and Long-Horizon Effects}, - journal = {The Journal of Portfolio Management}, - year = 1989, - volume = 16, - pages = {4--12}, - number = 1, - publisher = {Institutional Investor Journals} -} - -@ARTICLE{samuelson:portfolio, - author = {Samuelson, Paul A.}, - title = {Lifetime Portfolio Selection by Dynamic Stochastic Programming}, - journal = {Review of Economics and Statistics}, - year = 1969, - volume = 51, - pages = {239--46} -} - -@ARTICLE{samuelsonFallacy, - author = {Samuelson, Paul A}, - title = {Risk and Uncertainty: A Fallacy of Large Numbers}, - journal = {Scientia}, - year = 1963, - volume = 98, - pages = {108--113}, - number = {4-5} -} - -@ARTICLE{samuelson:olg, - author = {Samuelson, Paul A.}, - title = {An exact consumption loan model of interest with or without the social contrivance of money}, - journal = {Journal of Political Economy}, - year = 1958, - volume = 66, - pages = {467--482} -} - -@ARTICLE{samuelsonI, - author = {Samuelson, Paul A.}, - title = {Interaction Between the Multiplier Analysis and the Principle of Acceleration}, - journal = {Review of Economics and Statistics}, - year = 1939, - volume = 21, - pages = {75--78}, - number = 2 -} - -@ARTICLE{samwick:pensions, - author = {Samwick, Andrew A.}, - title = {The Limited Offset Between Pension Wealth and Other Private Wealth: Implications of Buffer-Stock Saving}, - journal = {Manuscript, Department of Economics, Dartmouth College}, - year = 1995 -} - -@INCOLLECTION{sandmo:opttax, - author = {Sandmo, ~A.}, - title = {The Effects of Taxation on Savings and Risk Taking}, - booktitle = {Handbook of Public Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1985, - editor = {{Alan J. Auerbach} and {Martin S. Feldstein}}, - address = {New York} -} - -@ARTICLE{sandriKFlows, - author = {Sandri, Damiano}, - title = {Growth and Capital Flows with Risky Entrepreneuship}, - journal = {IMF Working Paper No.10/37}, - year = 2010, - file = {sandriKFlows.pdf:sandriKFlows.pdf:PDF} -} - -@article{sandri:growthcapflows, - Author = {Damiano Sandri}, - Journal = {American Economic Journal: Macroeconomics}, - Title = {Growth and Capital Flows with Risky Entrepreneuship}, - Volume = 6, - Number = 3, - Pages = {102-23}, - Year = 2014, - url = {http://dx.doi.org/10.1257/mac.6.3.102}, - note = {http://llorracc.net/Papers/sandriGrowth.pdf} -} - -@ARTICLE{sandri:growthcapflows-JHU, - author = {Sandri, Damiano}, - title = {Growth and Capital Flows with Risky Entrepreneurship}, - journal = {Manuscript, Johns Hopkins University}, - year = 2008 -} - -@ARTICLE{santaClaraValkanovPrez, - author = {Santa-Clara, Pedro and Valkanov, Rossen I.}, - title = {The Presidential Puzzle: Political Cycles and the Stock Market}, - journal = {Journal of Finance}, - year = 2003, - volume = 58, - pages = {1841--1872}, - month = {October} -} - -@BOOK{sargentBlackBook, - title = {Macroeconomic Theory, Second Edition}, - publisher = {Academic Press}, - year = 1987, - author = {Sargent, Thomas}, - address = {Orlando, Florida} -} - -@INCOLLECTION{sargent:modinfl, - author = {Sargent, Thomas J.}, - title = {Stopping Moderate Inflations: The Methods of Poincare and Thatcher}, - booktitle = {Inflation, Debt, and Indexation}, - publisher = {MIT Press}, - year = 1983, - editor = {Dornbusch, Rudiger and Simonsen, M.}, - pages = {54--96}, - address = {Cambridge, MA} -} - -@INCOLLECTION{sargent:biginfl, - author = {Sargent, Thomas J.}, - title = {The Ends of Four Big Inflations}, - booktitle = {Inflation: Causes and Consequences}, - publisher = {University of Chicago Press}, - year = 1982, - editor = {Hall, Robert E.}, - address = {Chicago} -} - -@BOOK{sargent:bounded, - title = {Bounded Rationality in Macroeconomics}, - publisher = {Oxford University Press}, - year = 1993, - author = {Sargent, Thomas J.}, - address = {Oxford} -} - -@BOOK{lsRecurse, - title = {Recursive Macroeconomic Theory}, - publisher = {The MIT Press}, - year = 2012, - author = {Sargent, Thomas J. and Ljunqvist, Lars}, - address = {Cambridge, MA} -} - -@ARTICLE{schectman:fluctuation, - author = {Schectman, Jack}, - title = {An Income Fluctuation Problem}, - journal = {Journal of Economic Theory}, - year = 1976, - volume = {XII}, - pages = {218--41} -} - -@ARTICLE{sen:poor, - author = {Sen, Amartya}, - title = {Poor, Relatively Speaking}, - journal = {Oxford Economic Papers}, - year = 1983, - volume = 35, - pages = {153--169} -} - -@BOOK{Sethi:Thompson:2000, - title = {Optimal Control Theory: Applications to Management Science and Economics}, - publisher = {Kluwer Academic Publishers}, - year = 2000, - author = {Sethi, S.P. and Thompson, G.L.}, - address = {Boston} -} - -@ARTICLE{shapiro:PSID, - author = {Shapiro, Matthew D.}, - title = {The Permanent Income Hypothesis and the Real Interest Rate: Some Evidence from Panel Data}, - journal = {Economics Letters}, - year = 1984, - volume = 14, - pages = {93--100}, - number = 1 -} - -@article{shapiroSlemrod:2008rebates, - author = {Shapiro, Matthew W. and Slemrod, Joel B.}, - journal = {American Economic Review}, - number = 2, - pages = {374--379}, - title = {Did the 2008 Tax Rebates Stimulate Spending?}, - volume = 99, - year = 2009, - note = {\url{http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf}}, - url = {http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf} -} - -@ARTICLE{ssBangOld, - author = {Shapiro, Matthew D. and Joel Slemrod}, - title = {Did the 2008 Tax Rebates Stimulate Spending?}, - journal = {Manuscript, University of Michigan}, - year = 2009, - note = {\url{http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf}}, - url = {http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf} -} - -@ARTICLE{shapiroSlemrod:AER03, - author = {Matthew D. Shapiro and Joel Slemrod}, - title = {Consumer Response to Tax Rebates}, - journal = {American Economic Review}, - year = 2003, - volume = 93, - pages = {381--396}, - number = 1 -} - -@ARTICLE{shapiro&slemrod:timing, - author = {Shapiro, Matthew D. and Slemrod, Joel B.}, - title = {Consumer Response to the Timing of Income: Evidence from a Change in Tax Withholding}, - journal = {American Economic Review}, - year = 1995, - volume = 85, - pages = {274--283}, - number = 1, - month = {March} -} - -@ARTICLE{shea:iv, - author = {Shea, John}, - title = {Instrument Relevance in Multivariate Linear Models: A Simple Measure}, - journal = {Review of Economics and Statistics}, - year = 1997, - volume = 49, - pages = {348--352}, - number = 2 -} - -@ARTICLE{shea:unions, - author = {Shea, John}, - title = {Union Contracts and the Life-Cycle/Permanent-Income Hypothesis}, - journal = {American Economic Review}, - year = 1995, - volume = 85, - pages = {186--200}, - number = 1, - month = {March} -} - -@ARTICLE{ShieldsTo2005, - author = {Jennifer Shields and Nhien To}, - title = {Learning to Say No: Conditioned Underreporting in an Expenditure Survey}, - journal = {American Association for Public OpinionResearch - American Statistical Association, Proceedings of the Section on Survey Research Methods}, - year = 2005, - pages = {3963--8} -} - -@MISC{shillerHousingBubble, - author = {Shiller, Robert}, - title = {Yale Professor Predicts Housing `Bubble' Will Burst}, - howpublished = {Interview with National Public Radio}, - month = {June 3}, - year = 2005 -} - -@TECHREPORT{Shiller:2004, - author = {Shiller, Robert J.}, - title = {Household Reaction to Chagnes in Housing Wealth}, - institution = {Cowles Foundation for Research in Economics, Yale University}, - year = 2004, - note = {Discussion Paper NO. 1459} -} - -@ARTICLE{shiller:behavior, - author = {Shiller, Robert J.}, - title = {Human Behavior and the Efficiency of the Financial System}, - journal = {Manuscript, Yale University}, - year = 1997 -} - -@BOOK{shiller:markets, - title = {Macro Markets: Creating Institutions for Managing Society's Largest Economic Risks}, - publisher = {Oxford University Press}, - year = 1993, - author = {Shiller, Robert J.} -} - -@ARTICLE{shirvani&wilbratte:asymmetry, - author = {Shirvani, Hassan and Wilbratte, Barry}, - title = {Does Consumption Respond More Strongly to Stock Market Declines than to Increases?}, - journal = {International Economic Review}, - year = 2000, - volume = 14, - pages = {41--49} -} - -@ARTICLE{shore:couples, - author = {Shore, Stephen H.}, - title = {The Co-Movement of Couples' Incomes}, - journal = {Manuscript, University of Pennsylvania, Wharton School}, - year = 2006 -} - -@TECHREPORT{sw06, - author = {Shore, Stephen H. and White, Joshua S.}, - title = {External Habit Formation and the Home Bias Puzzle}, - institution = {The Wharton School, University of Pennsylvania}, - year = 2006, - type = {working paper} -} - -@ARTICLE{sibley:optimalc, - author = {Sibley, David S.}, - title = {Permanent and Transitory Income Effects in a Model of Optimal Consumption with Wage Income Uncertainty}, - journal = {Journal of Economic Theory}, - year = 1975, - volume = 11, - pages = {68--82} -} - -@ARTICLE{SibleyPIH, - author = {Sibley, David S.}, - title = {Permanent and Transitory Effects of Optimal Consumption with Wage Income Uncertainty}, - journal = {Journal of Economic Theory}, - year = 1975, - pages = {68--82} -} - -@ARTICLE{sichel:inventories, - author = {Sichel, Daniel S.}, - title = {Inventories and the Three Stages of the Business Cycle}, - journal = {Journal of Business and Economic Statistics}, - year = 1994, - volume = 12, - pages = {269--277} -} - -@ARTICLE{sichel:3states, - author = {Sichel, Daniel S.}, - title = {Business Cycle Asymmetries: A Deeper Look}, - journal = {Economic Inquiry}, - year = 1993, - pages = {224--236} -} - -@MISC{silverPolls2012, - author = {Silver, Nate}, - title = {Which Polls Fared Best and Worst in the 2012 Presidential Race?}, - month = {Nov}, - year = 2012, - note = {\url{http://fivethirtyeight.blogs.nytimes.com/2012/11/10/which-polls-fared-best-and-worst-in-the-2012-presidential-race/}}, - day = 10, - journal = {New York Times, FiveThirtyEight Blog}, - url = {http://fivethirtyeight.blogs.nytimes.com/2012/11/10/which-polls-fared-best-and-worst-in-the-2012-presidential-race/} -} - -@PHDTHESIS{simonivcOperators, - author = {Simoni{\v}{c}, A.}, - title = {An {Extension} of {Lomonosov's} {Techniques} to {Non}-{Compact} {Operators}}, - school = {Dalhousie University, Department of Mathematics, Statistics, \& Computing Science}, - year = 1994 -} - -@UNPUBLISHED{Sim91, - author = {Simoni{\v}{c}, A.}, - title = {Notes on {Subharmonic} {Functions}}, - note = {Lecture Notes, Dalhousie University, Department of Mathematics, Statistics, \& Computing Science}, - year = 1991 -} - -@TECHREPORT{sims05, - author = {Sims, Christopher}, - title = {Rational Inattention: A Research Agenda}, - institution = {Deutsche Bundesbank}, - year = 2005, - type = {Deutsche Bundesbank discussion paper}, - number = 34 -} - -@ARTICLE{simsInattention, - author = {Sims, Christopher}, - title = {Implications of Rational Inattention}, - journal = {Journal of Monetary Economics}, - year = 2003, - volume = 50, - pages = {665--690}, - number = 3, - note = {available at \url{http://ideas.repec.org/a/eee/moneco/v50y2003i3p665-690.html}} -} - -@ARTICLE{simsQJE:inattention, - author = {Sims, Christopher A.}, - title = {Implications of Rational Inattention}, - journal = {Manuscript, Yale University}, - year = 2001 -} - -@MISC{sims:backsolve, - author = {Sims, Christopher A.}, - title = {Solving Nonlinear Stochastic Optimization and Equilibrium Problems Backwards}, - howpublished = {Institute for Empirical Macroeconomics Discussion Paper 15, Federal Reserve Bank of Minneapolis and University of Minnesota}, - year = 1989 -} - -@ARTICLE{sirziz03, - author = {Sirovatka, Tomas and Zizlavsky, Martin}, - title = {Unemployment and Work Incentives ({N}ezamestnanost a pracovni pobidky)}, - journal = {Political Economy (Politicka ekonomie)}, - year = 2003, - volume = 51, - pages = {391--406}, - number = 3, - note = {In Czech} -} - -@INCOLLECTION{skinner:houseUS, - author = {Skinner, Jonathan S.}, - title = {Housing and Saving in the U.S.}, - booktitle = {Housing Markets in the United States and Japan}, - publisher = {University of Chicago Press for NBER}, - year = 1994, - editor = {Noguchi, Yoshiro and Poterba, James M.}, - address = {Chicago:} -} - -@INCOLLECTION{skinner:sideshow, - author = {Skinner, Jonathan S.}, - title = {Is Housing Wealth a Sideshow?}, - booktitle = {Advances in the Economics of Aging}, - publisher = {University of Chicago Press for NBER}, - year = 1994, - editor = {Wise, David}, - address = {Chicago:} -} - -@ARTICLE{skinner:jme, - author = {Skinner, Jonathan S.}, - title = {Risky Income, Life Cycle Consumption, and Precautionary Savings}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 22, - pages = {237--255} -} - -@ARTICLE{sv:Ed, - author = {Skyt Nielsen, Helena and Annette Vissing-J{\o}rgensen}, - title = {The Impact of Labor Income Risk on Educational Choices: Estimates and Implied Risk Aversion}, - journal = {Manuscript, Kellogg School, Northwestern University}, - year = 2006, - month = {January}, - bdsk-url-1 = {http://www.kellogg.northwestern.edu/faculty/vissing/htm/nielsen_vissing2006.pdf}, - url = {http://www.kellogg.northwestern.edu/faculty/vissing/htm/nielsen_vissing2006.pdf} -} - -@ARTICLE{sla09, - author = {Sla{\-}calek, Jiri}, - title = {What Drives Personal Consumption? The Role of Housing and Financial Wealth}, - journal = {The B.E. Journal of Macroeconomics}, - year = 2009, - volume = 9, - pages = {article 37}, - number = 1, - institution = {German Institute for Economic Research, DIW Berlin}, - type = {mimeo} -} - -@TECHREPORT{slacalekDrives, - author = {Sla{\-}calek, Jiri}, - title = {What Drives Personal Consumption? {T}he Role of Housing and Financial Wealth}, - institution = {German Institute for Economic Research, DIW Berlin}, - year = 2006, - type = {discussion paper}, - number = 647 -} - -@ARTICLE{slacalek:coint, - author = {Sla{\-}calek, Jiri}, - title = {International Evidence On Cointegration Between Consumption, Income, And Wealth}, - journal = {Manuscript, Johns Hopkins University}, - year = 2005, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/slacalek/research/cointegration.pdf}, - url = {https://www.econ2.jhu.edu/people/slacalek/research/ cointegration.pdf} -} - -@TECHREPORT{slacalek:cwunstable, - author = {Sla{\-}calek, Jiri}, - title = {International Evidence on Cointegration between Consumption, Income, and Wealth}, - institution = {Johns Hopkins University}, - year = 2004, - type = {mimeo} -} - -@BOOK{slemrod:progressivity, - title = {Tax Progressivity and Income Inequality}, - publisher = {Cambridge University Press}, - year = 1994, - author = {Slemrod, Joel}, - address = {New York} -} - -@ARTICLE{slifman&corrado:pty, - author = {Slifman, Lawrence and Corrado, Carol}, - title = {Decomposition of Productivity and Unit Costs}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {328--332}, - number = 2 -} - -@ARTICLE{sw03, - author = {Smets, Frank and Wouters, Raf}, - title = {An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area}, - journal = {Journal of European Economic Association}, - year = 2003, - volume = 5, - pages = {1123--1175}, - number = 1 -} - -@INCOLLECTION{smith:wealth, - author = {Smith, Adam}, - title = {An Inquiry into the Nature and Causes of the Wealth of Nations}, - booktitle = {The Wealth of Nations: The Cannan Edition}, - publisher = {Modern Library}, - year = 1776, - editor = {Cannan, E.}, - address = {New York}, - note = {(1937)} -} - -@ARTICLE{Solon1992, - author = {Gary Solon}, - title = {Intergenerational Income Mobility in the United States}, - journal = AER, - year = 1992, - volume = 82, - pages = {409--29}, - number = 3, - month = {June} -} - -@ARTICLE{solow:rep, - author = {Solow, Robert M.}, - title = {Dumb and Dumber in Macroeconomics}, - journal = {Manuscript, MIT}, - year = 2003 -} - -@ARTICLE{solow:contribution, - author = {Solow, Robert M.}, - title = {A Contribution to the Theory of Economic Growth}, - journal = {Quarterly Journal of Economics}, - year = 1956, - volume = 70, - pages = {65--94}, - number = 1 -} - -@ARTICLE{muellbauerHabits, - author = {Muellbauer, John}, - title = {Habits, Rationality and Myopia in the Life Cycle Consumption Function}, - journal = {Annales d'Economie et de Statistique}, - year = 1988, - volume = 9, - pages = {47--70} -} - -@TECHREPORT{sommerHabits, - author = {Sommer, Martin}, - title = {Habits, Sentiment and Predictable Income in the Dynamics of Aggregate Consumption}, - institution = {Johns Hopkins University}, - year = 2002, - type = {working Paper Number 458; Updated 2006}, - note = {Available at {\url{https://www.econ2.jhu.edu/pdf/papers/wp458_version2006.pdf}}} -} - -@ARTICLE{sommer:jobmarket, - author = {Sommer, Martin}, - title = {Habits, Sentiment and Predictable Income in the Dynamics of Aggregate Consumption}, - journal = {Manuscript, The Johns Hopkins University}, - year = 2001, - note = {\href{https://www.econ2.jhu.edu/pdf/papers/wp458.pdf}{https://www.econ2.jhu.edu/pdf/papers/wp458.pdf}} -} - -@ARTICLE{syChina, - author = {Song, Zheng Michael and Yang, Dennis Tao}, - title = {Life Cycle Earnings and Saving in a Fast-Growing Economy}, - journal = {Manuscript, Chinese University of Hong Kong}, - year = 2010 -} - -@ARTICLE{souleles:sentiment, - author = {Souleles, Nicholas}, - title = {Consumer Sentiment: Its Rationality and Usefulness in Forecasting Expenditure; Evidence from the Michigan Micro Data}, - journal = {Journal of Money, Credit, and Banking}, - year = {forthcoming} -} - -@ARTICLE{souleles:finance, - author = {Souleles, Nicholas S.}, - title = {Household Securities Purchases, Transactions Costs, and Hedging Motives}, - journal = {Manuscript, University of Pennsylvania}, - year = 2000 -} - -@ARTICLE{souleles:taxrefunds, - author = {Souleles, Nicholas S.}, - title = {The Response of Household Consumption to Income Tax Refunds}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {947--958}, - number = 4, - month = {September} -} - -@ARTICLE{sousa:stocks, - author = {Sousa, Ricardo}, - title = {Property of Stocks and Wealth Effects on Consumption}, - journal = {Manuscript, University of Minho, Portugal}, - year = 2003 -} - -@ARTICLE{Splinter:2010vd, - author = {Splinter, David and Bryant, Victoria and Diamond, John, W.}, - title = {{Income Volatility and Mobility: U.S. Income Tax Data, 1999--2007}}, - year = 2010, - date-added = {2013-04-07T22:40:14GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = {{2010_Splinter.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Splinter/2010_Splinter.pdf:application/pdf}}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Splinter/2010_Splinter.pdf}, - rating = 0, - uri = {\url{papers2://publication/uuid/1986B22E-9258-492A-8A7D-71082007A882}}, - url = {http://www.bakerinstitute.org/publications/TEPP-pub-SplinterBryantDiamondIncomeVolatility-012010.pdf} -} - -@ARTICLE{ssw:nairu, - author = {Staiger, Douglas and Stock, James H. and Watson, Mark W.}, - title = {Prices, Wages, and the U.S. NAIRU in the 1990s}, - journal = {NBER Working Paper Number 8320}, - year = 2001 -} - -@ARTICLE{staiger&stock:disease, - author = {{Staiger, Douglas} and Stock, James H.}, - title = {Instrumental Variables Regression with Weak Instruments}, - journal = {NBER Technical Working Paper No. 151}, - year = 1994 -} - -@ARTICLE{StarrMcCluer:2002, - author = {Starr-McCluer, Martha}, - title = {Stock Market Wealth and Consumption}, - journal = {Economic Inquiry}, - year = 2002, - volume = 40, - pages = {69--79}, - number = 1, - month = {January}, - abstract = {This article investigates the effects of stock market wealth on consumer spending. Traditional macroeconometric models estimate that a dollar's increase in stock wealth boosts consumption by three to seven cents. With the substantial 1990s rise in stock prices, the nature and magnitude of this {"}wealth effect{"} have been much debated. After describing the issues and previous research, I present new evidence from a well-known consumer survey. The results are broadly consistent with life-cycle saving and a modest wealth effect: most stockholders reported no appreciable effect of stock prices on their saving or spending, but many mentioned {"}retirement saving{"} in explaining their behavior.} -} - -@ARTICLE{starr-mccluer:stockmarket, - author = {Starr-McCluer, Martha}, - title = {Stock Market Wealth and Consumer Spending}, - journal = {Federal Reserve Board of Governors}, - year = 1998 -} - -@ARTICLE{StiglerBeckerDeGustibus, - author = {Stigler, George J. and Becker, Gary S.}, - title = {{De Gustibus Non Est Disputandum}}, - journal = {The American Economic Review}, - year = 1977, - volume = 67, - pages = {76--90}, - number = 2, - bdsk-url-1 = {http://dx.doi.org/10.2307/1807222}, - citeulike-article-id =350004, - citeulike-linkout-0 ={http://dx.doi.org/10.2307/1807222}, - citeulike-linkout-1 ={http://www.jstor.org/stable/1807222}, - doi = {10.2307/1807222}, - keywords = {economics, methodology, philosophy}, - posted-at = {2008-10-06 08:07:03}, - priority = 2, - url = {http://dx.doi.org/10.2307/1807222} -} - -@TECHREPORT{swManyPredictors_inflPred, - author = {Stock, James and Watson, Mark}, - title = {Has Inflation Become Harder to Forecast?}, - institution = {Harvard University}, - year = 2005, - type = {mimeo} -} - -@INCOLLECTION{stock:Handbook, - author = {Stock, James H.}, - title = {Unit roots, structural breaks and trends}, - booktitle = {Handbook of Econometrics}, - publisher = {Elsevier}, - year = 1986, - editor = {R. F. Engle and D. McFadden}, - volume = 4, - series = {Handbook of Econometrics}, - chapter = 46, - pages = {2739--2841}, - month = {December}, - abstract = {This chapter reviews inference about large autoregressive or moving average roots in univariate time series, and structural change in multivariate time series regression. The \"problem\" of unit roots is cast more broadly as determining the order of integration of a series; estimation, inference, and confidence intervals are discussed. The discussion of structural change focuses on tests for parameter stability. Much emphasis is on asymptotic distributions in these nonstandard settings, and one theme is the general applicability of functional central limit theory. The quality of the asymptotic approximations to finite-sample distributions and implications for empirical work are critically reviewed.}, - url = {http://ideas.repec.org/h/eee/ecochp/4-46.html} -} - -@ARTICLE{sto91, - author = {Stock, James H.}, - title = {Confidence Intervals for the Largest Autoregressive Root in Macroeconomic Time Series}, - journal = {Journal of Monetary Economics}, - year = 1991, - volume = 28, - pages = {445--460}, - number = 3 -} - -@ARTICLE{stock&watson:forecasting, - author = {Stock, James H. and Watson, Mark W.}, - title = {Forecasting Output and Inflation: The Role of Asset Prices}, - journal = {Journal of Economic Literature}, - year = 2003 -} - -@ARTICLE{swPrincipal, - author = {James H. Stock and Mark W. Watson}, - title = {Forecasting Using Principal Components from a Large Number of Predictors}, - journal = {Journal of the American Statistical Association}, - year = 2002, - volume = 97, - pages = {1167--1179} -} - -@ARTICLE{sw02a, - author = {Stock, James H. and Watson, Mark W.}, - title = {Macroeconomic Forecasting Using Diffusion Indexes}, - journal = {Journal of Business and Economic Statistics}, - year = 2002, - volume = 20, - pages = {147--162}, - number = 2 -} - -@ARTICLE{swInflation, - author = {Stock, James H. and Watson, Mark W.}, - title = {Forecasting Inflation}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 44, - pages = {293--335} -} - -@ARTICLE{swMedianUnbiased, - author = {James H. Stock and Mark W. Watson}, - title = {Median Unbiased Estimation of Coefficient Variance in a Time-Varying Parameter Model}, - journal = {Journal of the American Statistical Association}, - year = 1998, - volume = 93, - pages = {349--358}, - number = 441 -} - -@MISC{stock&watson:handbook, - author = {Stock, James H. and Watson, Mark W.}, - title = {Business Cycle Fluctuations in U.S. Macroeconomic Time Series}, - howpublished = {Working Paper}, - year = 1997 -} - -@ARTICLE{swy02, - author = {Stock, James H. and Wright, Jonathan H. and Yogo, Motohiro}, - title = {A Survey of Weak Instruments and Weak Identification in Generalized Method of Moments}, - journal = {Journal of Business and Economic Statistics}, - year = 2002, - volume = 20, - pages = {518--529}, - number = 4 -} - -@ARTICLE{Stockman:1988, - author = {Stockman, Alan C.}, - title = {Sectoral and National Aggregate Disturbances to Industrial Output in Seven European Countries}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 21, - pages = {387--409} -} - -@ARTICLE{sty:cyclical, - author = {Storesletten, Kjetil and Telmer, Chris I. and Yaron, Amir}, - title = {Cyclical Dynamics in Idiosyncratic Labor-Market Risk}, - journal = {Journal of Political Economy}, - year = 2004, - volume = 112, - pages = {695--717}, - number = 3, - month = {June} -} - -@ARTICLE{strotzInconsistent, - author = {Strotz, Richard H.}, - title = {Myopia and Inconsistency in Dynamic Utility Maximization}, - journal = {Review of Economic Studies}, - year = 1955, - volume = 23, - pages = {165--180}, - number = 3 -} - -@ARTICLE{suk07, - author = {Sukiassyan, Grigor}, - title = {Inequality and Growth: What Does the Transition Economy Data Say?}, - journal = {Journal of Comparative Economics}, - year = 2007, - volume = 35, - pages = {35--56}, - number = 1 -} - -@ARTICLE{summersWolf, - author = {Summers, Lawrence H.}, - title = {Larry Summers and Martin Wolf on New Economic Thinking}, - journal = {Financial Times video interview}, - year = 2011, - note = {\url{http://tinyurl.com/dl201108a}}, - date = {April 8, 2011}, - url = {http://tinyurl.com/dl201108a} -} - -@Article{summersIllusion, - Title = {The Scientific Illusion in Empirical Macroeconomics}, - Author = {Summers, Lawrence H}, - Journal = {Scandinavian Journal of Economics}, - Year = 1991, - Note = {\url{http://www.econ.ucdavis.edu/faculty/kdsalyer/LECTURES/Ecn200e/summers_illusion.pdf}}, - Number = 2, - Pages = {129-48}, - Volume = 93, - Owner = {Nic Johnson}, - Url = {http://www.econ.ucdavis.edu/faculty/kdsalyer/LECTURES/Ecn200e/summers_illusion.pdf} -} - -@ARTICLE{summers:skeptical, - author = {Summers, Lawrence H.}, - title = {Some Skeptical Observations on Real Business Cycle Theory}, - journal = {Federal Reserve Bank of Minneapolis Quarterly Review}, - year = 1986, - volume = 10, - pages = {23--27}, - note = {\url{http://minneapolisfed.org/research/QR/QR1043.pdf}}, - bdsk-url-1 = {http://minneapolisfed.org/research/QR/QR1043.pdf}, - file = {summersSkeptical.pdf:summersSkeptical.pdf:PDF}, - url = {http://minneapolisfed.org/research/QR/QR1043.pdf} -} - -@Article{summersCapTax, - Title = {Capital Taxation and Accumulation in a Life Cycle Growth Model}, - Author = {Summers, Lawrence H.}, - Journal = {American Economic Review}, - Year = 1981, - Note = {\url{http://www.jstor.org/stable/1806179}}, - Number = 4, - Pages = {533--544}, - Volume = 71, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1806179} -} - -@ARTICLE{summers&heston:article, - author = {Summers, Robert and Heston, Alan}, - title = {A New Set of International Comparisons of Real Product and Price Level Estimates for 130 Countries, 1950-1985}, - journal = {Review of Income and Wealth}, - year = 1988, - volume = {XXXIV}, - pages = {1--25} -} - -@TECHREPORT{scf04Charts, - author = {{Survey of Consumer Finances}}, - title = {2004 SCF Chartbook}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2007, - type = {electronic document}, - note = {Available at \url{http://www.federalreserve.gov/pubs/oss/oss2/2004/scf2004home.html}} -} - -@ARTICLE{sve02, - author = {Jan Svejnar}, - title = {Transition Economies: Performance and Challenges}, - journal = {Journal of Economic Perspectives}, - year = 2002, - volume = 16, - pages = {3--28}, - number = 1 -} - -@ARTICLE{szeidlInvariantOrig, - author = {Szeidl, Adam}, - title = {Invariant Distribution in Buffer-Stock Saving and Stochastic Growth Models}, - journal = {Manuscript, University of California at Berkeley}, - year = 2006, - month = {October} -} - -@ARTICLE{szeidl:ergodic, - author = {Szeidl, Adam}, - title = {On Ergodic Distributions and Buffer Stock Saving Models}, - journal = {Manuscript, Harvard University}, - year = 2002 -} - -@ARTICLE{tv03, - author = {Alvin Tan and Graham Voss}, - title = {Consumption and Wealth in Australia}, - journal = {Economic Record}, - year = 2003, - volume = 244, - pages = {39--56}, - number = 79 -} - -@ARTICLE{tauchen&hussey:quadrature, - author = {Tauchen, George and Hussey, R.}, - title = {Quadrature-Based Methods for Obtaining Approximate Solutions to the Integral Equations of Nonlinear Rational Expectations Models}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {371--96} -} - -@ARTICLE{taylorFiscal, - author = {Taylor, John B.}, - title = {The Lack of an Empirical Rationale for a Revival of Discretionary Fiscal Policy}, - journal = {The American Economic Review}, - year = 2009, - volume = 99, - pages = {550--555}, - number = 2, - publisher = {JSTOR} -} - -@ARTICLE{taylor&uhlig:solve, - author = {{Taylor, John B.} and {Harald Uhlig}}, - title = {Solving Nonlinear Stochastic Growth Models: A Comparison of Alternative Solution Methods}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {35--36}, - number = 1 -} - -@ARTICLE{thalerFungibility, - author = {Thaler, Richard H.}, - title = {Anomalies: Saving, Fungibility, and Mental Accounts}, - journal = {Journal of Economic Perspectives}, - year = 1990, - volume = 4, - pages = {193--205}, - number = 1, - month = {January} -} - -@ARTICLE{thaler:psychology, - author = {Thaler, Richard H.}, - title = {Psychology and Savings Policies}, - journal = {American Economic Review, Papers and Proceedings}, - year = 1994, - volume = 84, - pages = {186--192}, - number = 2, - month = may -} - -@ARTICLE{thalerMental, - author = {Thaler, Richard H.}, - title = {Saving, Fungibility and Mental Accounts}, - journal = {Journal of Economic Perspectives}, - year = 1990, - volume = 4, - pages = {193--205} -} - -@ARTICLE{thaler&shefrin:selfcontrol, - author = {Thaler, Richard H. and Shefrin, Hersh M.}, - title = {An Economic Theory of Self-Control}, - journal = {Journal of Political Economy}, - year = 1981, - volume = 89, - pages = {392--406}, - number = 2, - month = {April} -} - -@ARTICLE{thomas:surveyinfl, - author = {Thomas Jr., Lloyd B.}, - title = {Survey Measures of Expected U.S. Inflation}, - journal = {Journal of Economic Perspectives}, - year = 1999, - volume = 13, - pages = {125--144}, - number = 4 -} - -@BOOK{thomsonGuide, - title = {A Guide for the Young Economist}, - publisher = {M.I.T. Press}, - year = 2001, - author = {Thomson, William L.}, - address = {Cambridge} -} - -@TECHREPORT{tlu05, - author = {Vlastimil Tlusty}, - title = {Modern Tax, Pension and Social System (Moderni danovy, duchodovy a socialni system)}, - year = 2005, - type = {presentation}, - note = {{X}VI. Congress of Czech Civic Democratic Party (ODS), November 27, 2005 Available at \url{http://www.tlusty.cz/}, In Czech} -} - -@INCOLLECTION{tobin:sandg, - author = {Tobin, James}, - title = {Life Cycle Saving and Balanced Growth}, - booktitle = {Ten Economic Studies in the Tradition of Irving Fisher}, - publisher = {Wiley}, - year = 1967, - editor = {Fellner, William}, - address = {New York} -} - -@INPROCEEDINGS{tobinSaving, - author = {Tobin, James}, - title = {Life Cycle Saving and Balanced Growth}, - booktitle = {Ten Economic Studies in the Tradition of Irving Fisher}, - year = 1967, - editor = {Fellner, William}, - pages = {231--256}, - publisher = {J. Wiley and Sons, Inc.} -} - -@BOOK{tobinMacro, - title = {Asset Accumulation and Economic Activity: Reflections on Contemporary Macroeconomic Theory}, - publisher = {Basil Blackwell}, - year = 1980, - author = {Tobin, James}, - location = {Oxford} -} - -@ARTICLE{tobinsQ, - author = {Tobin, James}, - title = {A General Equilibrium Approach to Monetary Theory}, - journal = {Journal of Money Credit and Banking}, - year = 1969, - volume = 1, - pages = {15--29}, - number = 1 -} - -@ARTICLE{tobinRisk, - author = {Tobin, James}, - title = {Liquidity Preference as Behavior Towards Risk}, - journal = {Review of Economic Studies}, - year = 1958, - volume = {XXXV}, - pages = {65--86}, - number = 67, - month = {February}, - bdsk-url-1 = {http://cowles.econ.yale.edu/P/cm/m19/m19-01.pdf}, - url = {http://cowles.econ.yale.edu/P/cm/m19/m19-01.pdf} -} - -@ARTICLE{tokuokaCapitalist, - author = {Kiichi Tokuoka}, - title = {Is Wealth Accumulation a Luxury Good?}, - journal = {Economics Letters}, - year = 2012, - volume = 115, - pages = {523--526}, - number = 3, - doi = {10.1016/j.econlet.2011.12.122}, - file = {tokuokaCapitalist.pdf:tokuokaCapitalist.pdf:PDF}, - issn = {0165-1765}, - keywords = {Wealth}, - url = {http://www.sciencedirect.com/science/article/pii/S0165176511006458} -} - -@ARTICLE{topelSeniority, - author = {Topel, Robert H.}, - title = {Specific Capital, Mobility and Wages: Wages Rise with Job Seniority}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {145--176}, - issue = 1 -} - -@ARTICLE{topel90, - author = {Topel, Robert H.}, - title = {Specific Capital, Mobility and Wages: Wages Rise with Job Seniority}, - journal = {NBER Working Paper Number W3294}, - year = 1990 -} - -@ARTICLE{topel92, - author = {Topel, Robert H. and Ward, Michael P.}, - title = {Job Mobility and the Careers of Young Men}, - journal = {Quarterly Journal of Economics}, - year = 1992, - volume = 107, - pages = {439--479}, - number = 2, - month = {May} -} - -@ARTICLE{townsendIndia, - author = {Townsend, Robert}, - title = {Risk and Insurance in Village India}, - journal = {Econometrica}, - year = 1994, - volume = 62, - pages = {171--84}, - number = 3 -} - -@TECHREPORT{trabandt05, - author = {Mathias Trabandt}, - title = {Sticky Information vs. Sticky Prices: A Horse Race in a DSGE Framework}, - institution = {Humboldt University Berlin}, - year = 2004, - type = {mimeo} -} - -@BOOK{trump:deal, - title = {Trump: The Art of the Deal}, - publisher = {Random House}, - year = 1988, - author = {Trump, Donald}, - address = {New York}, - note = {With Tony Schwarz} -} - -@ARTICLE{jappelli&pagano:intlLC, - author = {Tullio Jappelli, Marco Pagano}, - title = {Consumption and Capital Market Imperfections: An International Comparison}, - journal = {The American Economic Review}, - year = 1989, - volume = 79, - pages = {1088--1105}, - number = 5, - month = {December} -} - -@ARTICLE{turnovsky:inflsurv, - author = {Turnovsky, Stephen J.}, - title = {Empirical Evidence on the Formation of Price Expectations}, - journal = {Journal of the American Statistical Association}, - year = 1970, - volume = 65, - pages = {1441--54}, - number = {December} -} - -@ARTICLE{tuttle&gauger:wealtheffects, - author = {Tuttle, M. H. and Gauger, Jean}, - title = {Wealth Effects and Consumption: A Multivariate Evaluation}, - journal = {Mimeo, University of Tennessee}, - year = 2003 -} - -@ARTICLE{urich&wachtel:money, - author = {Urich, Thomas and Wachtel, Paul}, - title = {The Structure of Expectations of the Weekly Money Supply Announcement}, - journal = {Journal of Monetary Economics}, - year = 1984, - volume = 13, - pages = {183--194} -} - -@INCOLLECTION{uzawa:patientownall, - author = {Uzawa, Hirofumi}, - title = {Time Preference, the Consumption Function, and Optimum Asset Holdings}, - booktitle = {Value, Capital, and Growth: Papers in Honor of Sir John Hicks}, - publisher = {Edinborough University Press}, - year = 1968, - editor = {Wolfe, J. N.}, - pages = {485--504}, - address = {Chicago} -} - -@INBOOK{skg:impact, - pages = {35--64}, - title = {The Impact of Changes in Income and Family Composition on Subjective Well-Being}, - publisher = {University of Chicago Press}, - year = 1985, - author = {{v}an~de~Stadt, Huib and Kapteyn, Arie and van~de~Geer, Sara}, - booktitle = {Horizontal Equity, Uncertainty, and Economic Well-Being} -} - -@ARTICLE{skg:relativity, - author = {{v}an~de~Stadt, Huib and Kapteyn, Arie and van~de~Geer, Sara}, - title = {The Relativity of Utility: Evidence from Panel Data}, - journal = {Review of Economics and Statistics}, - year = 1985, - volume = 67, - pages = {179--187}, - number = 2, - month = May -} - -@PHDTHESIS{Valencia:2006, - author = {Valencia, Fabian}, - title = {Banks' Financial Structure and Business Cycles}, - school = {Johns Hopkins University}, - year = 2006, - month = {October}, - abstract = { } -} - -@BOOK{veblen:leisureclass, - title = {The Theory of the Leisure Class}, - publisher = {The Modern Library}, - year = 1899, - author = {Veblen, T.}, - address = {New York} -} - -@ARTICLE{velculescuHabits, - author = {Velculescu, Delia}, - title = {Consumption Habits In An Overlapping-Generations Model}, - journal = {Economics Letters}, - year = 2011, - note = {\url{http://dx.doi.org/10.1016/j.bbr.2011.03.031}}, - doi = {10.1016/j.bbr.2011.03.031}, - file = {velculescuHabits.pdf:velculescuHabits.pdf:PDF}, - publisher = {Elsevier}, - url = {http://dx.doi.org/10.1016/j.bbr.2011.03.031} -} - -@ARTICLE{viard:ptyslowdown, - author = {Viard, Alan}, - title = {The Productivity Slowdown and the Savings Shortfall: {A} Challenge to the Permanent Income Hypothesis}, - journal = {Economic Inquiry}, - year = 1993, - volume = 31, - pages = {549--564} -} - -@ARTICLE{vis02, - author = {Annette {Vissing-J\o rgensen}}, - title = {Limited Asset Market Participation and the Elasticity of Intertemporal Substitution}, - journal = {Journal of Political Economy}, - year = 2002, - volume = 110, - pages = {339--357}, - number = {825--53} -} - -@ARTICLE{wsmEarningsLosses, - author = {von Wachter, Till and Song, Jae and Manchester, Joyce}, - title = {Long-Term Earnings Losses due to Mass Layoffs During the 1982 Recession: An Analysis Using U.S. Administrative Data from 1974 to 2004}, - journal = {Manuscript, Columbia University}, - year = 2009 -} - -@ARTICLE{Marshall:1891, - author = {Wagner, Alfred}, - title = {Principles of Economics}, - journal = {History of Economic Thought Articles}, - year = 1891, - volume = 5, - pages = {319--338} -} - -@BOOK{watts:smallworld, - title = {Small Worlds}, - publisher = {Princeton Univ Press}, - year = 1999, - author = {Watts, Duncan J.} -} - -@ARTICLE{weber:ruleOfThumb, - author = {Weber, Christian E.}, - title = {Intertemporal Non-Separability and `Rule-Of-Thumb' Consumption}, - journal = {Journal of Monetary Economics}, - year = 2002, - volume = 49, - pages = {293--308} -} - -@BOOK{weber:capitalism, - title = {The Protestant Ethic and the Spirit of Capitalism}, - publisher = {Charles Scribner and Sons}, - year = 1905, - author = {Weber, Max M.}, - address = {New York} -} - -@BOOK{weibull:evolutionary, - title = {Evolutionary Game Theory}, - publisher = {MIT Press}, - year = 1995, - author = {Weibull, J{\"}orgen}, - address = {New York} -} - -@ARTICLE{weilSamuelson, - author = {Weil, Philippe}, - title = {Overlapping Generations: The First Jubilee}, - journal = {Journal of Economic Perspectives}, - year = 2008, - volume = 22, - pages = {115--34}, - number = 4, - month = {Fall}, - bdsk-url-1 = {http://ideas.repec.org/a/aea/jecper/v22y2008i4p115-34.html}, - url = {http://ideas.repec.org/a/aea/jecper/v22y2008i4p115-34.html} -} - -@ARTICLE{wkTaylor, - author = {Weise, Charles L. and Krisch, David}, - title = {The Monetary Response to Changes in Credit Spreads}, - journal = {Paper Presented at the Eastern Economic Meetings, March 1 2009}, - year = 2009, - note = {Corresponding Author: Charles Weise, \texttt{weise@gettysburg.edu}} -} - -@INCOLLECTION{weiss:survey, - author = {Weiss, Y.}, - title = {The Determinants of Lifecycle Earnings: A Survey}, - booktitle = {HandBOOK of Labor Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1986, - editor = {{Orley Ashenfelter} and {Richard Layard}}, - address = {New York} -} - -@ARTICLE{wenChinaSaving, - author = {Wen, Yi}, - title = {Saving and Growth Under Borrowing Constraints: Explaining the 'High Saving Rate'Puzzle}, - journal = {FRB of St. Louis Working Paper No 2009-45}, - year = 2009 -} - -@TECHREPORT{westlingSize, - author = {Westling, Tatu}, - title = {Male Organ And Economic Growth: Does Size Matter?}, - institution = {University Library of Munich, Germany}, - year = 2011, - type = {MPRA Paper}, - number = 32302, - month = Jul, - abstract = {No abstract is available for this item.}, - keywords = {Economic growth; Total factor productivity; Adult mortality; Longevity; Knowledge transmission; }, - url = {http://ideas.repec.org/p/pra/mprapa/32302.html} -} - -@ARTICLE{white:whydont, - author = {White, Michelle}, - title = {Why Don't More Households File for Bankruptcy?}, - journal = {University of Michigan Working Paper}, - year = 1998, - volume = {98-3} -} - -@ARTICLE{white:whyitpays, - author = {White, Michelle}, - title = {Why It Pays to File For Bankruptcy: A Critical Look at Incentives Under U.S. Bankruptcy Laws and a Proposal for Change}, - journal = {University of Michigan Working Paper}, - year = 1998, - volume = {98-2} -} - -@ARTICLE{wil92, - author = {David W. Wilcox}, - title = {The Construction of the U.S. Consumption Data: Some Facts and Their Implications for Empirical Research}, - journal = {American Economic Review}, - year = 1992, - volume = 82, - pages = {922--941}, - number = 4 -} - -@ARTICLE{wilhelm:bequest, - author = {Wilhelm, Mark O.}, - title = {Bequest Behavior and the Effect of Heirs' Earnings: Testing the Altruistic Model of Bequests}, - journal = {American Economic Review}, - year = 1996, - volume = 86, - pages = {874--982}, - number = 4 -} - -@INCOLLECTION{willis:survey, - author = {Willis, ~R.~J.}, - title = {Wage Determinants: A Survey and Reinterpretation of Human Capital Earnings Functions}, - booktitle = {Handbook of Labor Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1986, - editor = {{Orley Ashenfelter} and {Richard Layard}}, - address = {New York} -} - -@INCOLLECTION{woodfordImperfect, - title = {Imperfect Common Knowledge and the Effects of Monetary Policy}, - author = {Woodford, Michael}, - abstract = {This paper reconsiders the Phelps-Lucas hypothesis, according to which temporary real effects of purely nominal disturbances result from imperfect information, but departs from the assumptions of Lucas (1973) in two crucial respects. Due to monopolistically competitive pricing, higher-order expectations are crucial for aggregate inflation dynamics, as argued by Phelps (1983). And decisionmakers' subjective perceptions of current conditions are assumed to be of imperfect precision, owing to finite information processing capacity, as argued by Sims (2001). The model can explain highly persistent real effects of a monetary disturbance, and a delayed effect on inflation, as found in VAR studies.}, - url = {http://EconPapers.repec.org/RePEc:nbr:nberwo:8673}, - booktitle = {Knowledge, Information and Expectations in Modern Macroeconomics}, - publisher = {Princeton University Press}, - address = {Princeton}, - year = 2002, - editor = {Aghion, P. and R. Frydman and J. Stiglitz and M. Woodford}, -} - -@ARTICLE{woodford:imperfectNBERWP, - author = {Woodford, Michael}, - title = {Imperfect Common Knowledge and the Effects of Monetary Policy}, - journal = {NBER Working Paper Number 8673}, - url = {http://EconPapers.repec.org/RePEc:nbr:nberwo:8673}, - year = 2001 -} - -@comment{wor60Old} -@comment{working:timeaggOld} - -@ARTICLE{workingTimeAgg, - author = {Holbrook Working}, - title = {Note on the Correlation of First Differences of Averages in a Random Chain}, - journal = {Econometrica}, - year = 1960, - volume = 28, - pages = {916--918}, - number = 4 -} - -@ARTICLE{wrightInterestElasticity, - author = {Wright, Colin}, - title = {Some Evidence on the Interest Elasticity of Consumption}, - journal = {The American Economic Review}, - year = 1967, - volume = 57, - pages = {pp.850--855}, - number = 4, - copyright = {Copyright © 1967 American Economic Association}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={Sep., 1967}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/1815373} -} - -@ARTICLE{young:obstacle, - author = {Young, Eric}, - title = {An Obstacle Course for the Krusell-Smith Algorithm}, - journal = {Manuscript, Florida State University}, - year = 2002 -} - -@ARTICLE{young, - author = {Young, Eric R.}, - title = {Solving the Incomplete Markets Model with Aggregate Uncertainty Using the Krusell-Smith Algorithm and Non-Stochastic Simulations}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {36--41}, - number = 1, - month = {January} -} - -@BOOK{young:learning, - title = {Learning and Evolution in Games}, - publisher = {Princeton University Press}, - year = 1997, - author = {Young, H. Peyton} -} - -@PHDTHESIS{yuen:opttax, - author = {Yuen, C.}, - title = {Taxation, Human Capital Accumulation and Economic Growth}, - school = {University of Chicago}, - year = 1991 -} - -@ARTICLE{zandiFiscal, - author = {Zandi, Mark}, - title = {Perspectives on the Economy}, - journal = {Testimony before the House Budget Committee, July 1}, - year = 2010 -} - -@ARTICLE{zeldes_jpe89, - author = {Stephen P. Zeldes}, - title = {Consumption and Liquidity Constraints: An Empirical Investigation}, - journal = {The Journal of Political Economy}, - year = 1989, - volume = 97, - pages = {275--298}, - number = 2, - note = {\url{http://userwww.service.emory.edu/~skrause/E511/Zeldes-1989.pdf}}, - url = {http://userwww.service.emory.edu/~skrause/E511/Zeldes-1989.pdf} -} - -@Article{zeldes:jpe, - Title = {Consumption and Liquidity Constraints: An Empirical Investigation}, - Author = {Zeldes, Stephen P.}, - Journal = {Journal of Political Economy}, - Year = 1989, - Note = {Available at {\url{http://www.jstor.org/stable/1831315}}}, - Pages = {305--46}, - Volume = 97, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1831315} -} - -@PHDTHESIS{zeldes:thesis, - author = {Zeldes, Stephen P.}, - title = {Optimal Consumption with Stochastic Income}, - school = {Massachusetts Institute of Technology}, - year = 1984 -} - -@PHDTHESIS{zhang:thesis, - author = {Zhang, Lawrence Huiyan}, - title = {Essays on Business Cycles}, - school = {Johns Hopkins University}, - year = 2003 -} - -@PHDTHESIS{Zhou:2010, - author = {Zhou, Xia}, - title = {Essays On U.S. State-Level Financial Wealth Data and Consumption Data}, - school = {Johns Hopkins University}, - year = 2010, - address = {\href{http://jhir.library.jhu.edu/handle/1774.2/34267}{http://jhir.library.jhu.edu/handle/1774.2/34267}} -} - -@PHDTHESIS{Zhou:2006, - author = {Zhou, Xia}, - title = {Measuring Wealth Effects Using US State Data}, - school = {Johns Hopkins University}, - year = 2006, - address = {\href{https://www.econ2.jhu.edu/people/ZhouX/JobMarketPaperZhouX.pdf}{https://www.econ2.jhu.edu/people/ZhouX/JobMarketPaperZhouX.pdf}} -} - -@ARTICLE{zcWandCdynByState, - author = {Zhou, Xia and Carroll, Christopher D.}, - title = {Dynamics of Wealth and Consumption: New and Improved Measures of U.S.\ States}, - journal = {Berkeley Electronic Journals of Macroeconomics, Advances}, - year = 2011, - volume = {Forthcoming, 2011}, - authors = {Zhou, Xia and Christopher D. Carroll} -} - -@TECHREPORT{Zhu:2007, - author = {Zhu, Xiaodi}, - title = {Growing Wealth, Inequality, and Housing in the United States}, - institution = {Joint Center for Housing Studies, Harvard University}, - year = 2007, - type = {Working Paper}, - number = {W07-1}, - month = {February} -} - -@PHDTHESIS{zhu:opttax, - author = {Zhu, X.}, - title = {Optimal Fiscal Policy in a Stochastic Growth Model}, - school = {University of Chicago}, - year = 1991 -} - -@ARTICLE{zou:spirit, - author = {Zou, Heng-Fu}, - title = {The 'Spirit of Capitalism' and Long-Run Growth}, - journal = {European Journal of Political Economy}, - year = 1994, - volume = 10, - pages = {279--93}, - number = 2 -} - -@BOOK{auerbach&feldstein:handbook, - title = {Handbook of Public Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1985, - editor = {{Auerbach, Alan J.} and {Martin S. Feldstein}}, - address = {New York} -} - -@INCOLLECTION{cdSsNBERReporter, - booktitle = {NBER Macroeconomics Annual, 1997}, - publisher = {MIT Press}, - year = 1997, - editor = {Bernanke, Benjamin S. and Rotemberg, Julio J.}, - pages = {165--229}, - address = {Cambridge, MA} -} - -@INCOLLECTION{carroll:epidemicinflSFINBERReporter, - title = {The {E}pidemiology of {M}acroeconomic {E}xpectations}, - booktitle = {The Economy as an Evolving Complex System, III}, - publisher = {Oxford University Press}, - year = 2006, - editor = {Blume, Larry and Durlauf, Steven} -} - -@BOOK{Gam90, - title = {Analysis {I}{I}: {Convex} {Analysis} and {Approximation} {Theory}}, - publisher = {Springer-Verlag}, - year = 1990, - editor = {R. V. Gamkerlidze}, - volume = 14, - series = {Encyclopaedia of Mathematical Sciences}, - address = {New York} -} - -@BOOK{ghj:portfolios, - title = {Household Portfolios}, - publisher = {MIT Press}, - year = 2002, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, Tullio}, - address = {Cambridge, MA} -} - -@BOOK{hlmk04, - title = {Applied Time Series Econometrics}, - publisher = {Cambridge University Press}, - year = 2004, - editor = {L{\"}utkepohl, Helmut and Kr{\"}atzig, Markus}, - address = {Cambridge} -} - -@BOOK{pechman:whopaid, - title = {Who Paid the Taxes, 1966-85?}, - publisher = {The Brookings Institution}, - year = 1985, - editor = {Pechman, Joseph A.}, - address = {Washington} -} - -@BOOK{poterba:international, - title = {International Comparisons of Household Saving}, - publisher = {National Bureau of Economic Research}, - year = 1994, - editor = {Poterba, James M.}, - address = {Chicago and London: University of Chicago Press} -} - -@BOOK{carroll:reviewworldbank, - title = {The Economics of Saving and Growth: Theory, Evidence, and Implications for Policy}, - publisher = {Cambridge University Press for the World Bank}, - year = 2000, - editor = {Schmidt-Hebbel, Klaus and Serv{\'e}n, Luis}, - note = {Book Review, {\it Journal of Economic Literature}} -} - -@INCOLLECTION{carroll:richsaveNBERReporter, - booktitle = {{D}oes {A}tlas {S}hrug? {T}he {E}conomic {C}onsequences of {T}axing the {R}ich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.} -} - -@BOOK{slemrod:atlasshrug, - title = {Historical Perspectives on U.S. Tax Policy Toward the Rich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.}, - booktitle = {Does Atlas Shrug? The Economic Consequences of Taxing the Rich} -} - -@HEADER{bibpub, - note = {\centerline{\Large Published}} -} - -@HEADER{bibspace, - note = {\medskip\medskip\medskip} -} - -@HEADER{bibunpub, - note = {\centerline{\Large Unpublished}} -} - -@ARTICLE{francisCapitalist, - title = {Wealth and the Capitalist Spirit}, - journal = {Journal of Macroeconomics}, - volume = 31, - pages = {394--408}, - number = 3, - file = {francisCapitalist.pdf:francisCapitalist.pdf:PDF} -} - -@MISCNOYEAR{publishedAndForthcoming, - note = {\textbf{\Large Published or Forthcoming}}, -} - -@MISCNOYEAR{unpublished, - note = {\textbf{\Large Unpublished }} -} - -@MISC{noBookChapters20090701to20110630, - title = {No new book chapters}, - year = {2009-07-01 to 2011-06-30}, - author = {Carroll, Christopher D.} -} - -@TECHREPORT{wolframNumIntegration, - title = {Advanced Numerical Integration in {\it Mathematica}}, - year = 2011, - month = {October}, - note = {\url{http://www.wolfram.com/learningcenter/tutorialcollection/AdvancedNumericalIntegrationInMathematica/AdvancedNumericalIntegrationInMathematica.pdf}}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/wolframNumIntegration.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/wolframNumIntegration.pdf:PDF}, - journal = {Wolfram {\it Mathematica} Tutorial Collection}, - url = {http://www.wolfram.com/learningcenter/tutorialcollection/AdvancedNumericalIntegrationInMathematica/AdvancedNumericalIntegrationInMathematica.pdf} -} - -@ARTICLE{varianRepublicansAndReturns, - title = {Which Party in the White House Means Good Times for Investors?}, - journal = {New York Times}, - year = 2003, - volume = {November 20}, - bdsk-url-1 = {http://people.ischool.berkeley.edu/~hal/people/hal/NYTimes/2003-11-20.html}, - url = {http://people.ischool.berkeley.edu/~hal/people/hal/NYTimes/2003-11-20.html} -} - -@ARTICLE{bea02, - title = {Updated Summary NIPA Methodologies}, - journal = {Survey of Current Business}, - year = 2002, - key = {Bureau of Economic Analysis} -} - -@INCOLLECTION{carroll:richportfoliosNBERReporter, - booktitle = {Household Portfolios: Theory and Evidence}, - publisher = {MIT Press}, - year = 2002, - address = {Cambridge, MA} -} - -@ARTICLE{carroll:RiskyHabitsNBERReporter, - journal = {International Economic Journal}, - year = 2000, - volume = 14, - pages = {1--41}, - number = 4 -} - -@ARTICLE{crr:censusNBERReporter, - journal = {Economic Development and Cultural Change}, - year = 1999, - volume = 48, - pages = {33--50}, - number = 1, - month = {October} -} - -@ARTICLE{sc99, - title = {Data File Documentation}, - journal = {Survey Research Center}, - year = 1999, - address = {Ann Arbor, MI}, - key = {Survey of Consumers}, - url = {http://www.sca.isr.umich.edu/} -} - -@ARTICLE{carroll&samwick:howbigNBERReporter, - journal = {Review of Economics and Statistics}, - year = 1998, - volume = 80, - pages = {410--419}, - number = 3, - month = {August} -} - -@ARTICLE{carroll:bslcpihNBERReporter, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = {CXII}, - pages = {1--56}, - number = 1 -} - -@ARTICLE{carroll&weil:crcsNBERReporter, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = 1994, - volume = 40, - pages = {133--192}, - month = {June} -} - -@Article{abiadEtAl_FinReforms, - author = {Abdul Abiad and Enrica Detragiache and Thierry Tressel}, - title = {A New Database of Financial Reforms}, - journal = {IMF Staff Papers}, - year = 2010, - volume = 57, - number = 2, - pages = {281--302}, - month = {June}, -} - -@Article{cos11, - author = {Christopher D. Carroll and Misuzu Otsuka and Jiri Sla{\-}calek}, - title = {How Large Are Financial and Housing Wealth Effects? A New Approach}, - journal = {Journal of Money, Credit, and Banking}, - year = 2011, - volume = 43, - number = 1, - pages = {55--79}, - month = {February}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cosWealthEffects/}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/cosWealthEffects.pdf}, - bdsk-url-2 = {http://dx.doi.org/10.1111/j.1538-4616.2010.00365.x}, - doi = {10.1111/j.1538-4616.2010.00365.x}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cosHousingWealth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cosHousingWealth.pdf:PDF}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/cosWealthEffects.pdf}, -} - -@Article{ctDiscrete, - author = {Carroll, Christopher D. and Toche, Patrick}, - title = {A Tractable Model of Buffer Stock Saving}, - journal = {NBER Working Paper Number 15265}, - year = 2009, - month = {August}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/ctDiscrete}}, - status = {Revise and Resubmit, {\it The Economic Journal}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/ctDiscrete}, -} - -@Article{cjSOE, - author = {Carroll, Christopher D. and Jeanne, Olivier}, - title = {A Tractable Model of Precautionary Reserves, Net Foreign Assets, or Sovereign Wealth Funds}, - journal = {NBER Working Paper Number 15228}, - year = 2009, - month = {August}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cjSOE}}, - status = {Not submitted}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/cjSOE.pdf}, -} - -@Article{carroll:atheoryjep, - author = {Carroll, Christopher D.}, - title = {A Theory of the Consumption Function, With and Without Liquidity Constraints}, - journal = {Journal of Economic Perspectives}, - year = 2001, - volume = 15, - number = 3, - pages = {23-46}, - month = {Summer}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3JEP.pdf}}, - url = {\url{https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3JEP.pdf}}, -} - -@Article{modyEtAl_precSaving, - author = {Ashoka Mody and Franziska Ohnsorge and Damiano Sandri}, - title = {Precautionary Savings in the Great Recession}, - journal = {IMF Economic Review}, - year = 2012, - volume = 60, - number = 1, - pages = {114--138}, - month = {April}, -} - -@Article{admmmCredit, - author = {Aron, Janine and John V. Duca and John Muellbauer and Keiko Murata and Anthony Murphy}, - title = {Credit, Housing Collateral, and Consumption: Evidence from Japan, the U.K., and the U.S.}, - journal = {Review of Income and Wealth}, - year = 2011, - doi = {10.1111/j.1475-4991.2001.00466.x}, -} - -@Article{hallQuantifying, - author = {Hall, Robert E.}, - title = {Quantifying the Forces Leading to the Collapse of GDP after the Financial Crisis}, - journal = {Manuscript, Stanford University}, - year = 2012, - month = {March}, -} - -@Article{dszRichSave, - author = {Dynan, Karen E. and Skinner, Jonathan and Zeldes, Stephen P.}, - title = {Do the Rich Save More?}, - journal = {Journal of Political Economy}, - year = 2004, - volume = 112, - number = 2, - pages = {397--444}, - publisher = {JSTOR}, -} - -@Article{baker_policyUncertainty, - author = {Scott R. Baker and Nicholas Bloom and Steven J. Davis}, - title = {Measuring Economic Policy Uncertainty}, - journal = {The Quarterly Journal of Economics}, - year = 2016, - volume = 131, - number = 4, - pages = {1593--1636}, - publisher = {Oxford University Press}, -} - -@Article{CBOSaving, - author = {{Congressional~Budget~Office}}, - title = {Assessing the Decline in National Saving Rate}, - journal = {Congressional Budget Office Reports}, - year = 1993, - month = {April}, -} - -@Book{friedmanATheory, - title = {A Theory of the Consumption Function}, - publisher = {Princeton University Press}, - year = 1957, - author = {Friedman, Milton A.}, -} - -@Article{carrollBSLCPIH, - author = {Carroll, Christopher D.}, - title = {Buffer Stock Saving and the Life Cycle/Permanent Income Hypothesis}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = {CXII}, - number = 1, - pages = {1--56}, - file = {bib/bslcpih.pdf:bib/bslcpih.pdf:PDF}, - score = 40, -} - -@Article{gpLifeCycle, - author = {Gourinchas, Pierre-Olivier and Parker, Jonathan}, - title = {Consumption Over the Life Cycle}, - journal = {Econometrica}, - year = 2002, - volume = 70, - number = 1, - pages = {47--89}, -} - -@Article{bewleyPIH, - author = {Bewley, Truman}, - title = {The Permanent Income Hypothesis: A Theoretical Formulation}, - journal = {Journal of Economic Theory}, - year = 1977, - volume = 16, - pages = {252--292}, -} - -@Article{seIncFluct, - author = {Schechtman, Jack and Escudero, Vera}, - title = {Some results on `An Income Fluctuation Problem'}, - journal = {Journal of Economic Theory}, - year = 1977, - volume = 16, - pages = {151--166}, -} - -@Article{macurdyTimeseries, - author = {MaCurdy, Thomas}, - title = {The Use of Time Series Processes to Model the Error Structure of Earnings in a Longitudinal Data Analysis}, - journal = {Journal of Econometrics}, - year = 1982, - volume = 18, - number = 1, - pages = {83--114}, -} - -@Article{acCovariance, - author = {Abowd, John M. and Card, David}, - title = {On the Covariance Structure of Earnings and Hours Changes}, - journal = {Econometrica}, - year = 1989, - volume = 57, - pages = {411--445}, -} - -@Article{carroll&samwick:nature, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The {N}ature of {P}recautionary {W}ealth}, - journal = {Journal of Monetary Economics}, - year = 1997, - volume = 40, - number = 1, - pages = {41--71}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/nature.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/nature.pdf}, -} - -@Article{csNature, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The {N}ature of {P}recautionary {W}ealth}, - journal = {Journal of Monetary Economics}, - year = 1997, - volume = 40, - number = 1, - pages = {41--71}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/nature.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/nature.pdf}, -} - -@Article{jpCins, - author = {Jappelli, Tullio and Pistaferri, Luigi}, - title = {Intertemporal Choice and Consumption Mobility}, - journal = {Econometric Society World Congress 2000 Contributed Paper Number 0118}, - year = 2000, - month = {August}, - bdsk-url-1 = {http://fmwww.bc.edu/RePEc/es2000/0118.pdf}, - url = {http://fmwww.bc.edu/RePEc/es2000/0118.pdf}, -} - -@Article{styConsumption, - author = {Storesletten, Kjetil and Telmer, Chris I. and Yaron, Amir}, - title = {Consumption and Risk Sharing Over the Life Cycle}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - number = 3, - pages = {609--633}, - month = {Apr}, - bdsk-url-1 = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW-2/1/4934de112177c84dc55a3f37dbde0e16}, - biburl = {http://www.bibsonomy.org/bibtex/ 2eec5eb26c6514db248ef7956537b8aaa/smicha}, - keywords = {Risk sharing}, - url = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW- 2/1/4934de112177c84dc55a3f37dbde0e16}, -} - -@Article{sty:consumption, - author = {Storesletten, Kjetil and Telmer, Chris I. and Yaron, Amir}, - title = {Consumption and Risk Sharing Over the Life Cycle}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - number = 3, - pages = {609--633}, - month = {Apr}, - bdsk-url-1 = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW-2/1/4934de112177c84dc55a3f37dbde0e16}, - biburl = {http://www.bibsonomy.org/bibtex/ 2eec5eb26c6514db248ef7956537b8aaa/smicha}, - keywords = {Risk sharing}, - url = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW- 2/1/4934de112177c84dc55a3f37dbde0e16}, -} - -@Article{blpRisk, - author = {Blundell, Richard and Low, Hamish and Preston, Ian}, - title = {Decomposing Changes in Income Risk Using Consumption Data}, - journal = {Manusscript, University College London}, - year = 2008, - month = {July}, -} - -@Article{claridaErgodic, - author = {Clarida, Richard H.}, - title = {Consumption, Liquidity Constraints, and Asset Accumulation in the Face of Random Fluctuations in Income}, - journal = {International Economic Review}, - year = 1987, - volume = {XXVIII}, - pages = {339--351}, -} - -@Article{tocheUrisk, - author = {Toche, Patrick}, - title = {A Tractable Model of Pre{\-}cau{\-}tion{\-}ary Sav{\-}ing in Con{\-}tin{\-}uous Time}, - journal = {Economics Letters}, - year = 2005, - volume = 87, - number = 2, - pages = {267--272}, -} - -@Article{toche:urisk, - author = {Toche, Patrick}, - title = {A Tractable Model of Pre{\-}cau{\-}tion{\-}ary Sav{\-}ing in Con{\-}tin{\-}uous Time}, - journal = {Economics Letters}, - year = 2005, - volume = 87, - number = 2, - pages = {267--272}, -} - -@Article{ramseySave, - author = {Ramsey, Frank}, - title = {A Mathematical Theory of Saving}, - journal = {Economic Journal}, - year = 1928, - volume = 38, - number = 152, - pages = {543--559}, -} - -@Article{ckConcavity, - author = {Carroll, Christo{\-}pher D. and Kim{\-}ball, Miles S.}, - title = {On the {C}on{\-}cav{\-}ity of the {C}onsumption {F}unction}, - journal = {Econometrica}, - year = 1996, - volume = 64, - number = 4, - pages = {981--992}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}, - score = 10, - url = {https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}, -} - -@Article{jboydWeighted, - author = {Boyd, John H.}, - title = {Recursive Utility and the Ramsey Problem}, - journal = {Journal of Economic Theory}, - year = 1990, - volume = 50, - number = 2, - pages = {326--345}, - month = {April}, -} - -@article{BSinKS, - title = {Buffer-stock saving in a Krusell--Smith world}, - author = {Carroll, Christopher D and Sla{\-}calek, Jiri and Tokuoka, Kiichi}, - journal = {Economics Letters}, - volume = 132, - pages = {97--100}, - year = 2015, - publisher = {Elsevier}, - note = {At \href{https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}{https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}, -} - -@Article{BSinKmanuscriptS, - author = {Carroll, Christopher D. and Sla{\-}calek, Jiri and Tokuoka, Kiichi}, - title = {Digestible Microfoundations: Buffer Stock Saving in a Krusell-Smith World}, - journal = {Manuscript, Johns Hopkins University}, - year = 2011, - note = {At \href{https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}{https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}, -} - -@Article{hiraguchiBSProofs, - author = {Hiraguchi, Ryoji}, - title = {On the Convergence of Consumption Rules}, - journal = {Manuscript, Johns Hopkins University}, - year = 2003, -} - -@Article{havranek:metaHabits, - author = {Havranek, Tomas and Rusnak, Marek and Sokolova, Anna}, - title = {Habit Formation in Consumption: A Meta-Analysis}, - journal = {European Economic Review}, - year = 2017, - volume = 95, - number = {C}, - pages = {142--167}, - doi = {10.1016/j.euroecorev.2017}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrsHabit.pdf}, - keywords = {Habit formation; Consumption; Meta-analysis; Bayesian model averaging; Frequentist model averaging}, - publisher = {Elsevier}, - url = {https://doi.org/10.1016/j.euroecorev.2017.03.009}, -} - -@Article{krusellSmith_heterogeneity_JPE98, - author = {Per Krusell and Anthony A. Smith}, - title = {Income and Wealth Heterogeneity in the Macroeconomy}, - journal = {Journal of Political Economy}, - year = 1998, - volume = 106, - number = 5, - pages = {867--896}, - owner = {Jirka}, - timestamp = {2009.01.28}, -} - -@Article{ksHetero, - author = {Per Krusell and Anthony A. Smith}, - title = {Income and Wealth Heterogeneity in the Macroeconomy}, - journal = {Journal of Political Economy}, - year = 1998, - volume = 106, - number = 5, - pages = {867--896}, - owner = {Jirka}, - timestamp = {2009.01.28}, -} - -@Article{JIE2001, - author = {Kalemli-Ozcan, Sebnem and Sorensen, Bent E. and Yosha, Oved}, - title = {{Economic integration, industrial specialization, and the asymmetry of macroeconomic fluctuations}}, - journal = {Journal of International Economics}, - year = 2001, - volume = 55, - number = 1, - pages = {107-137}, - month = {October}, - abstract = {No abstract is available for this item.}, - url = {https://ideas.repec.org/a/eee/inecon/v55y2001i1p107-137.html}, -} - -@Article{REStat2008, - author = {María José Luengo-Prado and Bent E. S{\o}rensen}, - title = {{What Can Explain Excess Smoothness and Sensitivity of State-Level Consumption?}}, - journal = {The Review of Economics and Statistics}, - year = 2008, - volume = 90, - number = 1, - pages = {65-80}, - month = {February}, - abstract = { This article estimates marginal propensities to consume (MPC) out of current and lagged income for U.S. states using panel data regressions that control for time-specific and state-level fixed effects. The MPCs vary across states; in particular, the MPC out of current income is higher in states where income is more persistent, and the MPC out of lagged income is lower in agricultural states. We show that the estimated MPCs can be matched by a model of forward-looking consumers that includes all of the following features: time aggregation, durable goods, impatience, credit constraints, and risk sharing. Copyright by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.}, - url = {https://ideas.repec.org/a/tpr/restat/v90y2008i1p65-80.html}, -} - -@Book{king2016alchemy, - title = {The end of alchemy : money, banking and the future of the global economy}, - publisher = {Little, Brown}, - year = 2016, - author = {King, Mervyn A.}, - address = {London}, - isbn = {1408706105 9781408706107 9781408706114 1408706113}, - abstract = {The past twenty years saw unprecedented growth and stability followed by the worst financial crisis the industrialised world has ever witnessed. In the space of little more than a year what had been seen as the age of wisdom was viewed as the age of foolishness. Almost overnight, belief turned into incredulity. Most accounts of the recent crisis focus on the symptoms and not the underlying causes of what went wrong. But those events, vivid though they remain in our memories, comprised only the latest in a long series of financial crises since our present system of commerce became the cornerstone of modern capitalism. Alchemy explains why, ultimately, this was and remains a crisis not of banking – even if we need to reform the banking system – nor of policy-making – even if mistakes were made – but of ideas. In this refreshing and vitally important book, former governor of the Bank of England Mervyn King – an actor in this drama – proposes revolutionary new concepts to answer the central question: are money and banking a form of Alchemy or are they the Achilles heel of a modern capitalist economy? }, - added-at = {2016-04-16T15:51:52.000+0200}, - biburl = {https://www.bibsonomy.org/bibtex/25a003dea76d39a3f914183cffcf2b0b1/meneteqel}, - interhash = {8336b0a0bbd5b3719c6d70d75695e224}, - intrahash = {5a003dea76d39a3f914183cffcf2b0b1}, - keywords = {banking capitalism financial_crisis financial_market international_finance money}, - refid = 920656482, - timestamp = {2017-01-08T22:08:08.000+0100}, - url = {http://books.wwnorton.com/books/The-End-of-Alchemy/}, -} - -@TechReport{gordonFutureGrowth, - author = {Robert J. Gordon}, - title = {Is U.S. Economic Growth Over? Faltering Innovation Confronts the Six Headwinds}, - institution = {National Bureau of Economic Research}, - year = 2012, - type = {Working Paper}, - number = 18315, - month = {August}, - abstract = {This paper raises basic questions about the process of economic growth. It questions the assumption, nearly universal since Solow's seminal contributions of the 1950s, that economic growth is a continuous process that will persist forever. There was virtually no growth before 1750, and thus there is no guarantee that growth will continue indefinitely. Rather, the paper suggests that the rapid progress made over the past 250 years could well turn out to be a unique episode in human history. The paper is only about the United States and views the future from 2007 while pretending that the financial crisis did not happen. Its point of departure is growth in per-capita real GDP in the frontier country since 1300, the U.K. until 1906 and the U.S. afterwards. Growth in this frontier gradually accelerated after 1750, reached a peak in the middle of the 20th century, and has been slowing down since. The paper is about "how much further could the frontier growth rate decline?" The analysis links periods of slow and rapid growth to the timing of the three industrial revolutions (IR's), that is, IR #1 (steam, railroads) from 1750 to 1830; IR #2 (electricity, internal combustion engine, running water, indoor toilets, communications, entertainment, chemicals, petroleum) from 1870 to 1900; and IR #3 (computers, the web, mobile phones) from 1960 to present. It provides evidence that IR #2 was more important than the others and was largely responsible for 80 years of relatively rapid productivity growth between 1890 and 1972. Once the spin-off inventions from IR #2 (airplanes, air conditioning, interstate highways) had run their course, productivity growth during 1972-96 was much slower than before. In contrast, IR #3 created only a short-lived growth revival between 1996 and 2004. Many of the original and spin-off inventions of IR #2 could happen only once - urbanization, transportation speed, the freedom of females from the drudgery of carrying tons of water per year, and the role of central heating and air conditioning in achieving a year-round constant temperature. Even if innovation were to continue into the future at the rate of the two decades before 2007, the U.S. faces six headwinds that are in the process of dragging long-term growth to half or less of the 1.9 percent annual rate experienced between 1860 and 2007. These include demography, education, inequality, globalization, energy/environment, and the overhang of consumer and government debt. A provocative "exercise in subtraction" suggests that future growth in consumption per capita for the bottom 99 percent of the income distribution could fall below 0.5 percent per year for an extended period of decades.}, - doi = {10.3386/w18315}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18315}, -} - -@TechReport{cstKS_ecbWP, - author = {Carroll, Christopher D. and Sla{\-}calek, Jiri and Tokuoka, Kiichi}, - title = {Buffer-Stock Saving in a Krusell--Smith World}, - institution = {European Central Bank}, - year = 2014, - type = {working paper}, - number = 1633, - owner = {akmaral}, - timestamp = {2014.02.02}, -} - -@Article{lmp:wagerisk, - author = {Low, Hamish and Meghir, Costas and Pistaferri, Luigi}, - title = {Wage Risk and Employment Over the Life Cycle}, - journal = {American Economic Review}, - year = 2010, - volume = 100, - number = 4, - pages = {1432--1467}, -} - -@Article{kvH2M, - author = {Kaplan, Greg and Violante, Giovanni L}, - title = {A model of the consumption response to fiscal stimulus payments}, - journal = {Econometrica}, - year = 2014, - volume = 82, - number = 4, - pages = {1199--1239}, - publisher = {Wiley Online Library}, -} - -@TechReport{hausmanVeteransBonus, - author = {Hausman, Joshua K.}, - title = {Fiscal Policy and Economic Recovery: The Case of the 1936 Veterans' Bonus}, - institution = {University of California, Berkeley}, - year = 2012, - type = {mimeo}, -} - -@Article{jpCResponse, - author = {Tullio Jappelli and Luigi Pistaferri}, - title = {The Consumption Response to Income Changes}, - journal = {The Annual Review of Economics}, - year = 2010, - volume = 2, - number = 1, - pages = {479--506}, - publisher = {Annual Reviews}, -} - -@Article{carroll:babyboomcomment, - author = {Engen, Eric and William Gale and Cori Uccello}, - title = {The Adequacy of Retirement Saving}, - journal = {Brookings Papers on Economic Activity}, - year = 1999, - volume = 1999, - number = 2, - note = {Published Discussion}, -} - -@TechReport{otsuka:jobmarket, - author = {Otsuka, Misuzu}, - title = {Household Portfolio Choice with Illiquid Assets}, - institution = {Johns Hopkins University}, - year = 2003, - type = {manuscript}, -} - -@Article{bpp2008, - author = {Richard Blundell and Luigi Pistaferri and Ian Preston}, - title = {Consumption inequality and partial insurance}, - journal = AER, - year = 2008, - volume = 98, - number = 5, - pages = {1887-1921}, - month = {December}, -} - -@Article{mianRaoSufi_slump, - author = {Atif Mian and Kamalesh Rao and Amir Sufi}, - title = {Household Balance Sheets, Consumption, and the Economic Slump}, - journal = {Quarterly Journal of Economics}, - year = 2013, - volume = 128, - number = 4, - pages = {1687--1726}, -} - -@Book{jlsMeasuring, - title = {Measuring Economic Sustainability And Progress}, - publisher = {NBER}, - year = {2014 (forthcoming)}, - author = {Jorgenson, Dale W and Landefeld, J Steven and Schreyer, Paul}, - booktitle = {Measuring Economic Sustainability and Progress}, -} - -@Article{deatonReconsideration, - author = {Deaton, Angus}, - title = {{A} {R}econsideration of the {E}mpirical {I}mplications of {A}dditive {P}references}, - journal = {The Economic Journal}, - year = 1974, - volume = 84, - number = 334, - pages = {pp. 338-348}, - issn = 00130133, - copyright = {Copyright © 1974 Royal Economic Society}, - file = {deatonReconsideration.pdf:deatonReconsideration.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={Jun., 1974}, - language = {English}, - publisher = {Wiley on behalf of the Royal Economic Society}, - url = {http://www.jstor.org/stable/2231258}, -} - -@Article{dmAIDS, - author = {Deaton, Angus and Muellbauer, John}, - title = {{A}n {A}lmost {I}deal {D}emand {S}ystem}, - journal = {The American Economic Review}, - year = 1980, - volume = 70, - number = 3, - pages = {pp. 312-326}, - issn = 00028282, - note = {\url{http://www.jstor.org/stable/1805222}}, - comment = {Cite Stone (1954) as originating? Virtues: gives an arbitrary first-order approximation to any demand system; it satisfies the axioms of choice exactly; it aggregates perfectly over consumers without invoking parallel linear Engel curves; it has a functional form which is consistent with known household-budget data; it is simple to estimate, largely avoiding the need for non-linear estimation; and it can be used to test the restrictions of homogeneity and symmetry through linear restrictions on fixed parameters;``by proposing a demand system which is superior to its predecessors, we hope to be able to reveal more clearly the problems and potential solutions associated with the usual approach.'' the now standard rejection of homogeneity in demand analysis may be due to insufficient attention to the dynamic aspects of consumer behavior. ``In this paper we have introduced a new system of demand equations, the AIDS, in which the budget shares of the various commodities are linearly related to the logarithm of real total expenditure and the logarithms of relative prices.''}, - copyright = {Copyright © 1980 American Economic Association}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dmAIDS.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dmAIDS.pdf:PDF;dmAIDS.pdf:dmAIDS.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={Jun., 1980}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/1805222}, -} - -@Article{diZeroExpenditures, - author = {Deaton, Angus and Irish, Margaret}, - title = {{S}tatistical models for zero expenditures in household budgets}, - journal = {Journal of Public Economics}, - year = 1984, - volume = 23, - number = {1-2}, - pages = {59--80}, - file = {diZeroExpenditures.pdf:diZeroExpenditures.pdf:PDF}, - publisher = {Elsevier}, - url = {http://dx.doi.org/10.1016/0047-2727(84)90067-7}, -} - -@Article{bdiProfitable, - author = {Browning, Martin and Deaton, Angus and Irish, Margaret}, - title = {{A} {P}rofitable {A}pproach to {L}abor {S}upply and {C}ommodity {D}emands over the {L}ife-{C}ycle}, - journal = {Econometrica}, - year = 1985, - volume = 53, - number = 3, - pages = {pp. 503-544}, - issn = 00129682, - abstract = {The paper presents a general theoretical framework for the analysis of integrated life-cycle models of consumption and family labor supply under uncertainty. Profit functions are used to represent intertemporally additive preferences and to yield convenient characterizations of ``constant marginal utility of wealth'' or ``Frisch'' demand functions. Conditions on preferences derived that allow additive fixed-effect specifications for the Frisch demands. Data from the British Family Expenditure Surveys from 1970-77 are used to derive panel-like information on male labor supply and consumption for several age cohorts over time. These data reproduce standard life-cycle patterns of hours and wages, but more detailed analysis shows that the theory is incapable of offering a satisfactory common explanation of the behavior of hours and wages over both the business cycle and the life cycle. Similarly, although the theory can explain the life-cycle behavior of hours and consumption separately, the same model cannot explain both, essentially because of a failure in symmetry.}, - copyright = {Copyright © 1985 The Econometric Society}, - file = {bdiProfitable.pdf:bdiProfitable.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={May, 1985}, - language = {English}, - publisher = {The Econometric Society}, - url = {http://www.jstor.org/stable/1911653}, -} - -@Article{bdTimeSeriesC, - author = {Blinder, Alan S. and Deaton, Angus S.}, - title = {{T}he {T}ime {S}eries {C}onsumption {F}unction {R}evisited}, - journal = {Brookings Papers on Economic Activity, 1985:2}, - year = 1985, - pages = {465--521}, - file = {bdTimeSeriesC.pdf:bdTimeSeriesC.pdf:PDF}, - url = {http://www.jstor.org/stable/2534444}, -} - -@Article{deatonPanelFromCross, - author = {Angus Deaton}, - title = {{P}anel {D}ata from {T}ime {S}eries and {C}ross {S}ections}, - journal = {Journal of Econometrics}, - year = 1985, - volume = 30, - pages = {109--26}, - doi = {10.1016/0304-4076(85)90134-4}, - file = {deatonPanelFromCross.pdf:deatonPanelFromCross.pdf:PDF}, - url = {http://dx.doi.org/10.1016/0304-4076(85)90134-4}, -} - -@TechReport{deatonLifeCycle, - author = {Deaton, Angus}, - title = {{L}ife-cycle models of consumption: {I}s the evidence consistent with the theory?}, - year = 1987, - abstract = {The paper considers avariety of evidence that casts light on the validity of the life-cycle model of consumer behavior. In the first part of the paper, simple non-parametric tests are used to examine representative agent models of consumption and labor supply. It seems extremely unlikely that post-war United States evidence can usefully be explained by such a model, at least if the assumption of intertemporal separability is maintained. Changes in aggregate consumption bear little relationship to after tax real interest rates, and consumption has tended to grow even during periods of negative real interest rates. Joint consideration of consumption and labor supply does nothing to resolve the problems that arise when consumption is taken by itself. It is argued that these results cast doubt, not onlife-cycle theory itself, but on the representative agent assumption; there is little reason to suppose that changes inaggregate consumption should be related to the real interestrate.The second part of the paper is concerned with the time-series representation of disposable income and with it simplications for the behavior of consumption under the assumptions of the life-cycle model. If real disposable income is truly a first-order autoregressive process in first differences,a process that fits the data well and is becoming increasing popular in the macro time-series literature,then the life-cycle model implies that changes in consumption should be more variable than innovations in income, a prediction that is manifestly false. Various possible resolutions of this problem are reviewed, including habit formation and alternative representations of disposable income. The paper concludes with some evidence on the excess sensitivity question, why it is that consumption responds to anticipated changes in income. Monte Carlo evidence supports the suggestion made by Mankiw and Shapiro that the presence of time trends can cause severe problems of inference in models containing variables with unit roots, but the results makeit seem unlikely that this is the cause of the widespread excess sensitivity findings.}, - file = {deatonLifeCycle.pdf:deatonLifeCycle.pdf:PDF}, - journal = {Advances in econometrics. 2}, - pages = 121, - publisher = {Cambridge University Press}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w1910}, - volume = 2, -} - -@Article{cdSmooth, - author = {Campbell, John and Deaton, Angus}, - title = {{W}hy is {C}onsumption {S}o {S}mooth?}, - journal = {The Review of Economic Studies}, - year = 1989, - volume = 56, - number = 3, - pages = {357--373}, - month = {jul}, - issn = {0034-6527}, - note = {\url{http://www.jstor.org/stable/2297552}}, - abstract = {For thirty years it has been accepted that consumption is smooth because permanent income is smoother than measured income. This paper considers the evidence for the contrary position, that permanent income is in fact less smooth than measured income, so that the smoothness of consumption cannot be straightforwardly explained by permanent income theory. The paper argues that in postwar U.S. quarterly data, consumption is smooth because it responds with a lag to changes in income.}, - bdsk-url-1 = {http://links.jstor.org/sici?sici=0034-6527%28198907%2956%3A3%3C357%3AWICSS%3E2.0.CO%3B2-V}, - copyright = {Copyright 1989 The Review of Economic Studies Ltd.}, - date-modified ={2011-10-14 19:47:51 -0400}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cdSmooth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cdSmooth.pdf:PDF;cdSmooth.pdf:cdSmooth.pdf:PDF}, - jstor_articletype ={Full Length Article}, - jstor_date = 198907, - jstor_formatteddate ={Jul., 1989}, - publisher = {The Review of Economic Studies Ltd.}, - url = {http://www.jstor.org/stable/2297552}, -} - -@Article{deatonLDCs, - author = {Deaton, Angus}, - title = {{H}ousehold {S}aving in {LDC}s: {C}redit {M}arkets, {I}nsurance and {W}elfare}, - journal = {The Scandinavian Journal of Economics}, - year = 1992, - volume = 94, - number = 2, - pages = {pp. 253-273}, - issn = 03470520, - abstract = {Some ways in which farmers in LDCs can protect their living standards against fluctuations in income are discussed. After considering the theory of consumption under uncertainty when there is no or limited borrowing, the case where some borrowing is allowed is also examined. Empirical evidence from some LDCs is used to look at (i) household borrowing and lending, their importance and timing, and their role in smoothing consumption, and (ii) the life-cycle behavior of consumption and income. The results suggest that ``hump'' life-cycle saving is not likely to be a very important generator of wealth in LDCs and provide further evidence on the limited role of credit markets.}, - copyright = {Copyright © 1992 The Scandinavian Journal of Economics}, - file = {deatonLDCs.pdf:deatonLDCs.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={Jun., 1992}, - jstor_issuetitle ={Proceedings of a Conference on Savings Behavior: Theory, International Evidence and Policy Implications}, - language = {English}, - publisher = {Wiley on behalf of The Scandinavian Journal of Economics}, - url = {http://www.jstor.org/stable/3440451}, -} - -@Article{dlCommodity, - author = {Deaton, Angus and Laroque, Guy}, - title = {{O}n the {B}ehaviour of {C}ommodity {P}rices}, - journal = {The Review of Economic Studies}, - year = 1992, - volume = 59, - number = 1, - pages = {1-23}, - note = {\url{http://restud.oxfordjournals.org/content/59/1/1.abstract}}, - abstract = {This paper applies the standard rational expectations competitive storage model to the study of thirteen commodities. It explains the skewness, and the existence of rare but violent explosions in prices, coupled with a high degree of price autocorrelation in more normal times. A central feature of the model is the explicit recognition of the fact that it is impossible for the market as a whole to carry negative inventories, and this introduces an essential non-linearity which carries through into non-linearity of the predicted commodity price series. For most of the thirteen commodity prices, the behaviour of prices from one year to the next conforms to the predictions of the theory about conditional expectations and conditional variances. However, given the non-linearity both of the model and of the actual prices, such conformity is not enough to ensure that the theory yields a complete account of the data. In particular, the analysis does not yield a fully satisfactory explanation for the high autocorrelation observed in the data.}, - doi = {10.2307/2297923}, - eprint = {http://restud.oxfordjournals.org/content/59/1/1.full.pdf+html}, - file = {dlCommodity.pdf:dlCommodity.pdf:PDF}, - url = {http://restud.oxfordjournals.org/content/59/1/1.abstract}, -} - -@Article{dpInequality, - author = {Deaton, Angus and Paxson, Christina}, - title = {{I}ntertemporal {C}hoice and {I}nequality}, - journal = {Journal of Political Economy}, - year = 1994, - volume = 102, - number = 3, - pages = {pp. 437-467}, - issn = 00223808, - abstract = {The permanent income hypothesis implies that, for any cohort of people born at the same time, inequality in both consumption and income should grow with age. We investigate this prediction using cohort data constructed from 11 years of household survey data from the United States, 22 years from Great Britain, and 14 years from Taiwan. The data show that within-cohort consumption and income inequality measures do indeed increase with age in the three economies and that the rate of increase is similar in all three. According to the permanent income hypothesis, the increase in inequality reflects cumulative differences in the effects of luck on consumption. Other models of intertemporal choice--such as those with strong precautionary motives or liquidity constraints--can limit or even prevent the spread of inequality, as can insurance arrangements that share risk across individuals. The evidence on the spread of inequality can therefore be used to help quantify the extent to which private and social arrangements moderate the impact of risk on the distribution of individual welfare.}, - copyright = {Copyright © 1994 The University of Chicago Press}, - file = {dpInequality.pdf:dpInequality.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={Jun., 1994}, - language = {English}, - publisher = {The University of Chicago Press}, - url = {http://www.jstor.org/stable/2138618}, -} - -@InCollection{dpTaiwan, - author = {Deaton, Angus S. and Christina H. Paxson}, - title = {{S}aving, {G}rowth, and {A}ging in {T}aiwan}, - booktitle = {Studies in the Economics of Aging}, - publisher = {University of Chicago Press}, - year = 1994, - editor = {Wise, David A.}, - address = {Chicago}, - file = {dpTaiwan.pdf:dpTaiwan.pdf:PDF}, - url = {http://www.nber.org/chapters/c7349.pdf}, -} - -@Article{dpEffects, - author = {{Deaton, Angus S.} and {Christina H. Paxson}}, - title = {{T}he {E}ffects of {E}conomic and {P}opulation {G}rowth on {N}ational {S}aving and {I}nequality}, - journal = {Demography}, - year = 1997, - volume = 34, - number = 1, - pages = {97--114}, - file = {dpEffects.pdf:dpEffects.pdf:PDF}, - url = {http://www.jstor.org/stable/2061662}, -} - -@Article{dpAgingAndInequality, - author = {Deaton, Angus S. and Paxson, Christina H.}, - title = {{A}ging and {I}nequality in {I}ncome and {H}ealth}, - journal = {The American Economic Review}, - year = 1998, - volume = 88, - number = 2, - pages = {pp. 248-253}, - issn = 00028282, - copyright = {Copyright © 1998 American Economic Association}, - file = {dpAgingAndInequality.pdf:dpAgingAndInequality.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={May, 1998}, - jstor_issuetitle ={Papers and Proceedings of the Hundred and Tenth Annual Meeting of the American Economic Association}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/116928}, -} - -@Article{deatonCommodityAfrica, - author = {Deaton, Angus}, - title = {{C}ommodity {P}rices and {G}rowth in {A}frica}, - journal = {The Journal of Economic Perspectives}, - year = 1999, - volume = 13, - number = 3, - pages = {pp. 23-40}, - issn = 08953309, - copyright = {Copyright © 1999 American Economic Association}, - file = {deatonCommodityAfrica.pdf:deatonCommodityAfrica.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={Summer, 1999}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2646983}, -} - -@Book{deatonHH, - title = {{T}he {A}nalysis {O}f {H}ousehold {S}urveys: {A} {M}icroeconometric {A}pproach {T}o {D}evelopment {P}olicy}, - publisher = {Johns Hopkins Univ. Press}, - year = 2000, - author = {Deaton, Angus S.}, - address = {Baltimore, MD}, - edition = {3. printing}, - isbn = 0801852544, - biburl = {http://www.bibsonomy.org/bibtex/26f2f87784d59d86af8c471e5857865a0/fbw_hannover}, - url = {http://gso.gbv.de/DB=2.1/CMD?ACT=SRCHA&SRT=YOP&IKT=1016&TRM=ppn+485128217&sourceid=fbw_bibsonomy}, -} - -@Article{dpCohort, - author = {{Deaton, Angus S.} and {Christina H. Paxson}}, - title = {{S}aving and {G}rowth: {A}nother {L}ook at the {C}ohort {E}vidence}, - journal = {Manuscript, Princeton University}, - year = 1998, - file = {dpCohort.pdf:dpCohort.pdf:PDF}, - url = {http://www.princeton.edu/rpds/papers/pdfs/deaton_paxson_saving_growth.pdf}, -} - -@Article{dpGrowthSaving, - author = {Deaton, Angus and Paxson, Christina}, - title = {{G}rowth and {S}aving {A}mong {I}ndividuals and {H}ouseholds}, - journal = {Review of Economics and Statistics}, - year = 2000, - volume = 82, - number = 2, - pages = {212--25}, - file = {dpGrowthSaving.pdf:dpGrowthSaving.pdf:PDF}, - url = {http://www.princeton.edu/~deaton/downloads/Growth_and_Saving_Among_Individuals_and_Households.pdf}, -} - -@Article{dlHousingGrowth, - author = {Deaton, Angus and Laroque, Guy}, - title = {{H}ousing, {L}and {P}rices, and {G}rowth}, - journal = {Journal of Economic Growth}, - year = 2001, - volume = 6, - number = 2, - pages = {pp. 87--105}, - issn = 13814338, - abstract = {We consider the effects of land for housing on the growth process within an overlapping generations model. Our original interest was to enquire whether the introduction of land into a growth model might account for a ''virtuous'' circle in which saving-up for land (or housing) generates growth and higher land prices, generating further increases in saving, and so on. Such an account is sometimes proposed for high saving rates in East Asia, where mortgage markets are limited or absent. Our analysis does not support such a story. The user cost of land reduces the resources available for consumption of reproducible goods, so that the introduction of intrinsically valuable land into a growth model lowers the equilibrium stock of capital and raises the equilibrium interest rate. On the asset side, the presence of land causes life-cycle savings to be reallocated away from productive capital towards land. The social optimum in such a model is for land to be nationalized and provided at zero rent. Land markets, far from generating saving and growth, are inimical to capital formation.}, - copyright = {Copyright © 2001 Springer}, - file = {dlHousingGrowth.pdf:dlHousingGrowth.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={Jun., 2001}, - language = {English}, - publisher = {Springer}, - url = {http://www.jstor.org/stable/40215868}, -} - -@Article{deatonHealthInequality, - author = {Deaton, Angus}, - title = {{H}ealth, {I}nequality, and {E}conomic {D}evelopment}, - journal = {The Journal of Economic Literature}, - year = 2003, - volume = 41, - number = 1, - pages = {113--158}, - file = {deatonHealthInequality.pdf:deatonHealthInequality.pdf:PDF}, - url = {https://www.aeaweb.org/articles.php?doi=10.1257/002205103321544710}, -} - -@InCollection{dcBrokenDown, - author = {Case, Anne and Deaton, Angus S}, - title = {{B}roken down by work and sex: {H}ow our health declines}, - booktitle = {Analyses in the Economics of Aging}, - publisher = {University of Chicago Press}, - year = 2005, - pages = {185--212}, - file = {dcBrokenDown.pdf:dcBrokenDown.pdf:PDF}, -} - -@Article{deatonMeasuringPoverty, - author = {Deaton, Angus}, - title = {{M}easuring {P}overty in a {G}rowing {W}orld ({O}r {M}easuring {G}rowth in a {P}oor {W}orld)}, - journal = {The Review of Economics and Statistics}, - year = 2005, - volume = 87, - number = 1, - pages = {pp. 1-19}, - issn = 00346535, - abstract = {The extent to which growth reduces global poverty has been disputed for 30 years. Although there are better data than ever before, controversies are not resolved. A major problem is that consumption measured from household surveys, which is used to measure poverty, grows less rapidly than consumption measured in national accounts, in the world as a whole and in large countries, particularly India, China, and the United States. In consequence, measured poverty has fallen less rapidly than appears warranted by measured growth in poor countries. One plausible cause is that richer households are less likely to participate in surveys. But growth in the national accounts is also upward biased, and consumption in the national accounts contains large and rapidly growing items that are not consumed by the poor and not included in surveys. So it is possible for consumption of the poor to grow less rapidly than national consumption, without any increase in measured inequality. Current statistical procedures in poor countries understate the rate of global poverty reduction, and overstate growth in the world.}, - copyright = {Copyright © 2005 The MIT Press}, - file = {deatonMeasuringPoverty.pdf:deatonMeasuringPoverty.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={Feb., 2005}, - language = {English}, - publisher = {The MIT Press}, - url = {http://www.jstor.org/stable/40042916}, -} - -@Article{cdlMortality, - author = {Cutler, David and Deaton, Angus and Lleras-Muney, Adriana}, - title = {{T}he {D}eterminants of {M}ortality}, - journal = {The Journal of Economic Perspectives}, - year = 2006, - volume = 20, - number = 3, - pages = {97-120}, - abstract = {The pleasures of life are worth nothing if one is not alive to experience them. Through the twentieth century in the United States and other high-income countries, growth in real incomes was accompanied by a historically unprecedented decline in mortality rates that caused life expectancy at birth to grow by nearly 30 years. In the years just after World War II, life expectancy gaps between countries were falling across the world. Poor countries enjoyed rapid increases in life-expectancy through the 1970s, with the gains in some cases exceeding an additional year of life expectancy per year, though the HIV/AIDS epidemic and the transition in Russia and Eastern Europe have changed that situation. We investigate the determinants of the historical decline in mortality, of differences in mortality across countries, and of differences in mortality across groups within countries. A good theory of mortality should explain all of the facts we will outline. No such theory exists at present, but at the end of the paper we will sketch a tentative synthesis.}, - doi = {10.1257/089533006780387634}, - file = {cdlMortality.pdf:cdlMortality.pdf:PDF}, - url = {http://www.ingentaconnect.com/content/aea/jep/2006/00000020/00000003/art00005}, -} - -@Article{deatonHuman, - author = {Deaton, Angus S}, - title = {{A}re economists human?}, - journal = {The Lancet}, - year = 2009, - volume = 374, - number = 9701, - pages = {1585--1586}, - file = {deatonHuman.pdf:deatonHuman.pdf:PDF}, - publisher = {Elsevier}, - url = {http://www.lancet.com/journals/lancet/article/PIIS0140-6736(09)61936-X}, -} - -@Article{deatonInstruments, - author = {Deaton, Angus}, - title = {{I}nstruments, {R}andomization, and {L}earning about {D}evelopment}, - journal = {Journal of Economic Literature}, - year = 2010, - volume = 48, - number = 2, - pages = {pp. 424-455}, - issn = 00220515, - abstract = {There is currently much debate about the effectiveness of foreign aid and about what kind of projects can engender economic development. There is skepticism about the ability of econometric analysis to resolve these issues or of development agencies to learn from their own experience. In response, there is increasing use in development economics of randomized controlled trials (RCTs) to accumulate credible knowledge of what works, without overreliance on questionable theory or statistical methods. When RCTs are not possible, the proponents of these methods advocate quasirandomization through instrumental variable (IV) techniques or natural experiments. I argue that many of these applications are unlikely to recover quantities that are useful for policy or understanding: two key issues are the misunderstanding of exogeneity and the handling of heterogeneity. I illustrate from the literature on aid and growth. Actual randomization faces similar problems as does quasi-randomization, notwithstanding rhetoric to the contrary. I argue that experiments have no special ability to produce more credible knowledge than other methods, and that actual experiments are frequently subject to practical problems that undermine any claims to statistical or epistemic superiority. I illustrate using prominent experiments in development and elsewhere. As with IV methods, RCT-based evaluation of projects, without guidance from an understanding of underlying mechanisms, is unlikely to lead to scientific progress in the understanding of economic development. I welcome recent trends in development experimentation away from the evaluation of projects and toward the evaluation of theoretical mechanisms.}, - copyright = {Copyright © 2010 American Economic Association}, - file = {deatonInstruments.pdf:deatonInstruments.pdf:PDF}, - jstor_articletype ={research-article}, - jstor_formatteddate ={JUNE 2010}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/20778731}, -} - -@Article{deatonMechanisms, - author = {Deaton, Angus}, - title = {{U}nderstanding the {M}echanisms of {E}conomic {D}evelopment}, - journal = {The Journal of Economic Perspectives}, - year = 2010, - volume = 24, - number = 3, - pages = {3--16}, - file = {deatonMechanisms.pdf:deatonMechanisms.pdf:PDF}, - publisher = {American Economic Association}, - url = {https://www.aeaweb.org/articles.php?doi=10.1257/jep.24.3.3}, -} - -@Article{dkWellBeing, - author = {Kahneman, Daniel and Deaton, Angus}, - title = {{H}igh income improves evaluation of life but not emotional well-being}, - journal = {Proceedings of the National Academy of Sciences}, - year = 2010, - volume = 107, - number = 38, - pages = {16489-16493}, - abstract = {Recent research has begun to distinguish two aspects of subjective well-being. Emotional well-being refers to the emotional quality of an individual's everyday experience—the frequency and intensity of experiences of joy, stress, sadness, anger, and affection that make one's life pleasant or unpleasant. Life evaluation refers to the thoughts that people have about their life when they think about it. We raise the question of whether money buys happiness, separately for these two aspects of well-being. We report an analysis of more than 450,000 responses to the Gallup-Healthways Well-Being Index, a daily survey of 1,000 US residents conducted by the Gallup Organization. We find that emotional well-being (measured by questions about emotional experiences yesterday) and life evaluation (measured by Cantril's Self-Anchoring Scale) have different correlates. Income and education are more closely related to life evaluation, but health, care giving, loneliness, and smoking are relatively stronger predictors of daily emotions. When plotted against log income, life evaluation rises steadily. Emotional well-being also rises with log income, but there is no further progress beyond an annual income of \$75,000. Low income exacerbates the emotional pain associated with such misfortunes as divorce, ill health, and being alone. We conclude that high income buys life satisfaction but not happiness, and that low income is associated both with low life evaluation and low emotional well-being.}, - doi = {10.1073/pnas.1011492107}, - eprint = {http://www.pnas.org/content/107/38/16489.full.pdf+html}, - file = {dkWellBeing.pdf:dkWellBeing.pdf:PDF}, - url = {http://www.pnas.org/content/107/38/16489.abstract}, -} - -@Article{ssbdWellbeing, - author = {Stone, Arthur A and Schwartz, Joseph E and Broderick, Joan E and Deaton, Angus}, - title = {{A} {S}napshot {O}f {T}he {A}ge {D}istribution {O}f {P}sychological {W}ell-{B}eing {I}n {T}he {U}nited {S}tates}, - journal = {Proceedings of the National Academy of Sciences}, - year = 2010, - volume = 107, - number = 22, - pages = {9985--9990}, - file = {ssbdWellbeing.pdf:ssbdWellbeing.pdf:PDF}, - publisher = {National Acad Sciences}, -} - -@Article{deatonHealthInjustice, - author = {Deaton, Angus}, - title = {{W}hat does the empirical evidence tell us about the injustice of health inequalities?}, - journal = {Available at SSRN 1746951}, - year = 2011, - file = {deatonHealthInjustice.pdf:deatonHealthInjustice.pdf:PDF}, - url = {http://wws-roxen.princeton.edu/chwpapers/papers/What_does_the_empirical_evidence_tell_us_about_the_injustice.pdf}, -} - -@InCollection{deatonReligion, - author = {Deaton, Angus}, - title = {{A}ging, {R}eligion, and {H}ealth}, - booktitle = {Explorations in the Economics of Aging}, - publisher = {University of Chicago Press}, - year = 2011, - pages = {237--262}, - file = {deatonReligion.pdf:deatonReligion.pdf:PDF}, - url = {http://www.nber.org/chapters/c11944.pdf}, -} - -@Article{deatonCrisis, - author = {Deaton, Angus}, - title = {{T}he financial crisis and the well-being of {A}mericans: 2011 {OEP} {H}icks {L}ecture}, - journal = {Oxford Economic Papers}, - year = 2012, - volume = 64, - number = 1, - pages = {1-26}, - abstract = {I use daily data on self-reported well-being (SWB) to examine how the Great Recession affected the emotional and evaluative lives of the population. In the fall of 2008 and lasting into the spring of 2009, at the bottom of the stock market, Americans reported sharp declines in their life evaluation, sharp increases in worry and stress, and declines in positive affect. By the end of 2010, in spite of continuing high unemployment, these measures had largely recovered. The SWB measures do a better job of monitoring short-run levels of anxiety than the medium-term evolution of the economy. Even very large macroeconomic shocks will cause small and hard to detect effects on SWB. Life evaluation questions are extremely sensitive to question order effects—asking political questions first reduces reported life evaluation by an amount that dwarfs the effects of even the worst of the crisis.}, - doi = {10.1093/oep/gpr051}, - eprint = {http://oep.oxfordjournals.org/content/64/1/1.full.pdf+html}, - file = {deatonCrisis.pdf:deatonCrisis.pdf:PDF}, - url = {http://oep.oxfordjournals.org/content/64/1/1.abstract}, -} - -@Article{dsHappiness, - author = {Deaton, Angus and Stone, Arthur A}, - title = {{T}wo {H}appiness {P}uzzles}, - journal = {American Economic Review Papers and Proceedings}, - year = 2013, - file = {dsHappiness.pdf:dsHappiness.pdf:PDF}, -} - -@Article{agAssetReturns, - author = {Aiyagari, S. Rao and Gertler, Mark}, - title = {Asset Returns with Transactions Costs and Uninsured Individual Risk}, - journal = {Journal of Monetary Economics}, - year = 1990, - pages = {311--331}, -} - -@TechReport{amCreditAndC, - author = {Aron, Janine and Muellbauer, John}, - title = {Housing Wealth, Credit Conditions and Consumption}, - institution = {Centre for the Study of African Economies, Oxford University}, - year = 2006, - type = {working paper}, - number = 9, - month = {June}, -} - -@Article{arrowGrowth, - author = {Arrow, Kenneth J.}, - title = {The Economic Implications of Learning by Doing}, - journal = {Review of Economic Studies}, - year = 1962, - volume = 29, - number = 3, - pages = {155--173}, - month = {June}, - bdsk-url-1 = {http://links.jstor.org/sici?sici=0034-6527%28196206%2929%3A3%3C155%3ATEIOLB%3E2.0.CO%3B2-%23}, - citeulike-article-id =681, - keywords = {doing learning}, - url = {http://links.jstor.org/sici?sici=0034-6527%28196206%2929%3A3%3C155%3ATEIOLB%3E2.0.CO%3B2-%23}, -} - -@Article{Bacchetta1997, - author = {Philippe Bacchetta and Stefan Gerlach}, - title = {Consumption and Credit Constraints: International Evidence}, - journal = {Journal of Monetary Economics}, - year = 1997, - volume = 40, - pages = {207--238}, -} - -@Article{baiPanel, - author = {Bai, Jushan}, - title = {Estimating Cross-section Common Stochastic Trends in Nonstationary Panel Data}, - journal = {Journal of Econometrics}, - year = 2004, - volume = 122, - pages = {137--183}, -} - -@Article{baiFactors, - author = {Bai, Jushan}, - title = {Inferential Theory for Factor Models of Large Dimensions}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {135--171}, -} - -@Article{Bai2002, - author = {Jushan Bai and Serena Ng}, - title = {Determining the Number of Factors in Approximate Factor Models}, - journal = {Econometrica}, - year = 2002, - volume = 70, - pages = {191--221}, -} - -@InCollection{ball:sacrifice, - author = {Ball, Laurence}, - title = {What Determines the Sacrifice Ratio?}, - booktitle = {Monetary Policy}, - publisher = {University of Chicago Press}, - year = {1994)}, - editor = {Mankiw, N. Gregory}, - chapter = 5, - address = {(Chicago:}, -} - -@Article{batchelorInflation, - author = {Ray Batchelor and A. Orr}, - title = {Inflation Expectations Revisited}, - journal = {Economica}, - year = 1988, - volume = 55, - pages = {17--31}, -} - -@Article{bkBootstrap, - author = {Jeremy Berkowitz and Lutz Kilian}, - title = {Recent Developments in Bootstrapping Time Series}, - journal = {Econometric Reviews}, - year = 2000, - volume = 19, - pages = {1--48}, -} - -@Article{bbDataRich, - author = {Bernanke, Ben and Boivin, Jean}, - title = {Monetary Policy in a Data-Rich Environment}, - journal = {Journal of Monetary Economics}, - year = 2003, - volume = 50, - pages = {525--546}, -} - -@TechReport{ber02, - author = {Carol Bertaut}, - title = {Equity Prices, Household Wealth, and Consumption Growth in Foreign Industrial Countries: Wealth Effects in the 1990s}, - institution = {Federal Reserve Board}, - year = 2002, - type = {IFDP working paper}, - number = 724, -} - -@Article{bnMoreBetter, - author = {Boivin, Jean and Ng, Serena}, - title = {Are More Data Always Better for Factor Analysis?}, - journal = {Journal of Econometrics}, - year = 2005, -} - -@Article{bxTayVsCay, - author = {Michael J. Brennan and Y. Xia}, - title = {Tay's as Good as Cay}, - journal = {Finance Research Letters}, - year = 2005, - volume = 2, - pages = {1--14}, - note = {\url{http://dx.doi.org/10.1016/j.frl.2004.10.001}}, - doi = {doi:10.1016/j.frl.2004.10.001}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bxTayVsCay.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bxTayVsCay.pdf:PDF}, - url = {http://dx.doi.org/10.1016/j.frl.2004.10.001}, -} - -@Article{browningCollado:AntIncChanges, - author = {Browning, Martin and Collado, M. Dolores}, - title = {The Response of Expenditures to Anticipated Income Changes: Panel Data Estimates}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - number = 3, - pages = {681--692}, - month = aug, -} - -@Article{bd03, - author = {Joseph P. Byrne and E. Phillip Davis}, - title = {Disaggregate Wealth and Aggregate Consumption: An Investigation of Empirical Relationships for the G7}, - journal = {Oxford Bulletin of Economics and Statistics}, - year = 2003, - volume = 65, - number = 2, - pages = {197--220}, - month = 05, -} - -@Article{cc07_microWealthE, - author = {John Y. Campbell and {Jo\~ao} F. Cocco}, - title = {How Do House Prices Affect Consumption? Evidence from Micro Data}, - journal = {Journal of Monetary Economics}, - year = 2007, - volume = 54, - number = 3, - pages = {591--621}, - note = {forthcoming}, -} - -@Article{Carlson1975, - author = {J. Carlson and M. Parkin}, - title = {Inflation Expectations}, - journal = {Economica}, - year = 1975, - volume = 42, - pages = {123--137}, -} - -@Article{2PeriodLCModel, - author = {Carroll, Christopher D.}, - title = {The Random Walk Model of Consumption}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/2PeriodLCModel% .pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/2PeriodLCModel.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/2PeriodLCModel.pdf}, -} - -@Article{BufferStockAgeProfiles, - author = {Carroll, Christopher D.}, - title = {BufferStockAgeProfiles}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/BufferStockAge% Profiles.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/BufferStockAgeProfiles.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ consumption/BufferStockAgeProfiles.pdf}, -} - -@Article{EpiOfC, - author = {Carroll, Christopher D.}, - title = {Sticky Expectations and Consumption Dynamics}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/EpiOfC.pdf}, - year = 2006, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/EpiOfC.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/EpiOfC.pdf}, -} - -@Article{carroll:epidemicInflQJE, - author = {Carroll, Christopher D.}, - title = {{M}acroeconomic {E}xpectations of {H}ouseholds and {P}rofessional {F}orecasters}, - journal = {Quarterly Journal of Economics}, - year = 2003, - volume = 118, - number = 1, - pages = {269--298}, - note = {\href{https://www.econ2.jhu.edu/people/ccarroll/epidemiologyQJE.pdf}{[PDF]},\href{https://www.econ2.jhu.edu/people/ccarroll/Epidemiology.zip}{[Code]}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/epidemiologyQJE.pdf}, -} - -@Article{carroll:epidemicinfljhu, - author = {Carroll, Christopher D.}, - title = {The Epidemiology of Macroeconomic Expectations}, - journal = {Johns Hopkins University Economics Department Working Paper Number 462}, - year = 2002, - month = {December}, -} - -@Article{carrollRequiem, - author = {Carroll, Christopher D.}, - title = {Requiem for the Representative Consumer? Aggregate Implications of Microeconomic Consumption Behavior}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - number = 2, - pages = {110--115}, - month = {May}, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}, -} - -@Article{carrollRequiemNoNotes, - author = {Carroll, Christopher D.}, - title = {Requiem for the Representative Consumer? Aggregate Implications of Microeconomic Consumption Behavior}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - number = 2, - pages = {110--115}, - month = {May}, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}, -} - -@article{carroll2011large, - title = {How large are housing and financial wealth effects? A new approach}, - author = {Carroll, Christopher D and Otsuka, Misuzu and Sla{\-}calek, Jiri}, - journal = {Journal of Money, Credit and Banking}, - volume = 43, - number = 1, - pages = {55--79}, - year = 2011, - publisher = {Wiley Online Library} -} - -@article{cosHousingWealth, - title = {How large are housing and financial wealth effects? A new approach}, - author = {Carroll, Christopher D and Otsuka, Misuzu and Sla{\-}calek, Jiri}, - journal = {Journal of Money, Credit and Banking}, - volume = 43, - number = 1, - pages = {55--79}, - year = 2011, - publisher = {Wiley Online Library} -} - -@TechReport{cosHowLargeWP, - author = {Carroll, Christopher D. and Otsuka, Misuzu and Sla{\-}calek, Jiri}, - title = {How Large Is the Housing Wealth Effect? A New Approach}, - institution = {Johns Hopkins University}, - year = 2006, - type = {Working Paper No. 535}, - number = 12746, - address = {\href{http://www.econ.jhu.edu/pdf/papers/wp535carroll.pdf}{www.econ.jhu.edu/pdf/papers/wp535carroll.pdf}}, - month = {October}, -} - -@TechReport{cssIntlStickyCECB, - author = {Carroll, Christopher D. and Sla{\-}calek, Jiri and Sommer, Martin}, - title = {International evidence on sticky consumption growth}, - institution = {European Central Bank}, - year = 2008, - type = {Working Paper Series}, - number = 886, - month = Mar, - bdsk-url-1 = {http://ideas.repec.org/p/ecb/ecbwps/20080886.html}, - score = 80, - url = {http://ideas.repec.org/p/ecb/ecbwps/20080886.html}, -} - -@Article{cstStickyC, - author = {Carroll, Christopher D. and Sla{\-}calek, Jiri and Tokuoka, Kiichi}, - title = {Sticky Expectations and Consumption Dynamics}, - journal = {Manuscript, Johns Hopkins University}, - year = 2011, - note = {\url{http://llorracc.net/Hidden/Papers/cstStickyC}}, - bdsk-url-1 = {http://llorracc.net/Hidden/Papers/cstStickyC.pdf}, - url = {http://llorracc.net/Hidden/Papers/cstStickyC.pdf}, -} - -@Article{crFactor, - author = {Chamberlain, Gary and Rothschild, Michael}, - title = {Arbitrage Factor Stucture, and Mean--Variance Analysis of Large Asset Markets}, - journal = {Econometrica}, - year = 1983, - pages = {1281--1304}, -} - -@Article{chPooling, - author = {Michael P. Clements and David F. Hendry}, - title = {Pooling of Forecasts}, - journal = {The Econometrics Journal}, - year = 2004, - volume = {7(1)}, - pages = {1--31}, -} - -@Article{coccoPortfolioHousing, - author = {{Jo\~ao} F. Cocco}, - title = {Portfolio Choice in the Presence of Housing}, - journal = {Review of Financial Studies}, - year = 2005, - volume = 18, - pages = {535--567}, -} - -@Article{csInflation, - author = {Cogley, Timothy and Sargent, Thomas}, - title = {Evolving Post World War II US Inflation Dynamics}, - journal = {NBER Macroeconomics Annual}, - year = 2001, - volume = 16, - pages = {331--373}, -} - -@Article{croushore:introSPF, - author = {Croushore, Dean}, - title = {Introducing: The Survey of Professional Forecasters}, - journal = {Federal Reserve Bank of Philadelphia Business Review}, - year = 1993, - volume = {November/December}, - pages = {3--15}, - month = {November/December}, -} - -@Article{ddfsSticky, - author = {J{\"}org D{\"}opke and Jonas Dovern and Ulrich Fritsche and Jiri Sla{\-}calek}, - title = {Sticky Information Phillips Curves: European Evidence}, - journal = {Journal of Money, Credit, and Banking}, - year = 2008, - volume = 40, - pages = {1513--1520}, -} - -@InProceedings{dsAssetBooms, - author = {Detken, Carsten and Smets, Frank}, - title = {Asset Price Booms and Monetary Policy}, - booktitle = {Macroeconomic Policies in the World Economy}, - year = 2004, - editor = {Siebert, Horst}, - pages = {189--227}, - publisher = {Springer}, -} - -@Article{dhj:houseprices, - author = {Richard Disney and John Gathergood and Andrew Henley}, - title = {House Price Shocks, Negative Equity and Household Consumption in the United Kingdom}, - journal = {Journal of the European Economic Association}, - year = 2010, - volume = 8, - number = 6, - pages = {1179--1207}, - month = {December}, - institution = {University of Nottingham}, -} - -@TechReport{dvornak&kohler:wealtheffects, - author = {Nikola Dvornak and Marion Kohler}, - title = {Housing Wealth, Stock Market Wealth and Consumption: A Panel Analysis for Australia}, - institution = {Reserve Bank of Australia}, - year = 2003, - type = {Reserve Bank of Australia Discussion Paper}, - number = 23, - month = Jul, -} - -@Article{engelhardtHandS, - author = {Gary V. Engelhardt}, - title = {House Prices and Home Owner Saving Behavior}, - journal = {Regional Science and Urban Economics}, - year = 1996, - volume = 26, - pages = {313--336}, -} - -@Article{fcHabits, - author = {Ferson, Wayne and Constantinides, George M.}, - title = {Habit Persistence and Durability in Aggregate Consumption}, - journal = {Journal of Financial Economics}, - year = 1991, - volume = 29, - number = 2, - pages = {199--240}, -} - -@Article{Forni1998, - author = {Forni, Mario and Reichlin, Lucrezia}, - title = {Let's Get Real: A Dynamic Factor Analytical Approach to Disaggregated Business Cycle}, - journal = {Review of Economic Studies}, - year = 1998, - volume = 65, - pages = {453--474}, -} - -@TechReport{girouard&blondal:houseprices, - author = {Girouard, Nathalie and Bl{{\"}o}ndal, Sveinbj{{\"}o}rn}, - title = {House Price and Economic Activity}, - institution = {OECD Economics Department}, - year = 2001, - type = {OECD Economics Department Working Paper}, - number = 279, - month = Jan, -} - -@Book{ghjPortfolios, - title = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - author = {Guiso, Luigi and Haliassos, Michael and Jappelli, Tullio}, -} - -@Article{guvenen, - author = {Guvenen, Fatih}, - title = {An Empirical Investigation of Labor Income Processes}, - journal = {Review of Economic Dynamics}, - year = 2009, - volume = 12, - number = 1, - pages = {58--79}, -} - -@Article{hlRiskSharing, - author = {Heaton, John and Lucas, Deborah J.}, - title = {Evaluating the Effects of Incomplete Markets on Risk Sharing and Asset Pricing}, - journal = {Journal of Political Economy}, - year = 1996, - volume = 104, - pages = {443--487}, -} - -@Article{Kaplan:2012hs, - author = {Kaplan, Greg}, - title = {{Inequality and the life cycle}}, - journal = {Quantitative Economics}, - year = 2012, - volume = 3, - number = 3, - pages = {471--525}, - month = nov, - date-added = {2013-04-07T22:40:17GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - doi = {10.3982/QE200}, - file = {{Quantitative_Economics_2012_Kaplan.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Kaplan/Quantitative_Economics_2012_Kaplan.pdf:application/pdf}}, - language = {English}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Kaplan/Quantitative_Economics_2012_Kaplan.pdf}, - publisher = {Wiley Online Library}, - rating = 0, - read = {Yes}, - uri = {\url{papers2://publication/doi/10.3982/QE200}}, - url = {http://doi.wiley.com/10.3982/QE200}, -} - -@Article{kennickell, - author = {Kennickell, Arthur B.}, - title = {Saving and Permanent Income: Evidence from the 1992 SCF}, - journal = {Board of Governors of the Federal Reserve System}, - year = 1995, -} - -@Article{Levin2001, - author = {Laurence Levin}, - title = {Are Assets Fungible? Testing the Behavioral Theory of Life Cycle Saving}, - journal = {Journal of Economic Behavior and Organization}, - year = 2001, - volume = 36, - pages = {59--83}, -} - -@Article{lev02, - author = {Levine, Ross}, - title = {Bank-Based or Market-Based Financial Systems: Which Is Better?}, - journal = {Journal of Financial Intermediation}, - year = 2002, - volume = 11, - pages = {1--30}, -} - -@Article{lucas:imperfectInfo, - author = {Lucas, Robert E.}, - title = {Some International Evidence on Output-Inflation Tradeoffs}, - journal = {American Economic Review}, - year = 1973, - volume = 63, - number = 3, - pages = {326--334}, - month = {June}, -} - -@TechReport{ls02, - author = {Ludwig, Alexander and {Sl{\o}k}, Torsten}, - title = {The Impact of Changes in Stock Prices and House Prices on Consumption in OECD Countries}, - institution = {International Monetary Fund}, - year = 2002, - type = {IMF woking paper}, - number = 1, -} - -@Article{lusardi, - author = {Lusardi, Annamaria}, - title = {Permanent Income, Current Income, and Consumption: Evidence from Two Panel Data Sets}, - journal = {Journal of Business and Economic Statistics}, - year = 1996, - volume = 14, - number = 1, - pages = {81--90}, - month = {January}, -} - -@Article{mankiwEtAl03, - author = {N. Gregory Mankiw and Ricardo Reis and Justin Wolfers}, - title = {Disagreement on Inflation Expectations}, - journal = {NBER Macroeconomics Annual}, - year = 2003, - pages = {209--248}, -} - -@Article{prescott, - author = {Prescott, Edward C.}, - title = {Theory Ahead of Business Cycle Measurement}, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = 1986, - volume = 25, - pages = {11--44}, - note = {\url{http://ideas.repec.org/p/fip/fedmsr/102.html}}, - bdsk-url-1 = {http://ideas.repec.org/p/fip/fedmsr/102.html}, - url = {http://ideas.repec.org/p/fip/fedmsr/102.html}, -} - -@Article{prescottTheoryAhead, - author = {Prescott, Edward C.}, - title = {Theory Ahead of Business Cycle Measurement}, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = 1986, - volume = 25, - pages = {11--44}, - note = {\url{http://ideas.repec.org/p/fip/fedmsr/102.html}}, - bdsk-url-1 = {http://ideas.repec.org/p/fip/fedmsr/102.html}, - url = {http://ideas.repec.org/p/fip/fedmsr/102.html}, -} - -@Article{reis:inpro, - author = {Ricardo Reis}, - title = {Inattentive Producers}, - journal = {Review of Economic Studies}, - year = 2006, - volume = 73, - number = 3, - pages = {793--821}, -} - -@Article{reisInattentiveC, - author = {Reis, Ricardo}, - title = {Inattentive Consumers}, - journal = {Journal of Monetary Economics}, - year = 2006, - volume = 53, - number = 8, - pages = {1761--1800}, - month = {November}, - bdsk-url-1 = {http://ideas.repec.org/a/eee/moneco/v53y2006i8p1761-1800.html}, - publisher = {Elsevier}, - url = {http://ideas.repec.org/a/eee/moneco/v53y2006i8p1761-1800.html}, -} - -@Article{frederickLoewensteinODonogue:discountReview, - author = {Shane Frederick and George Loewenstein and Ted {O'Donogue}}, - title = {Time Discounting and Time Preference: A Critical Review}, - journal = {Journal of Economic Literature}, - year = 2002, - volume = {XL}, - number = 2, - pages = {351--401}, - issn = 00220515, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2698382}, -} - -@Article{floDiscounting, - author = {Shane Frederick and George Loewenstein and Ted {O'Donogue}}, - title = {Time Discounting and Time Preference: A Critical Review}, - journal = {Journal of Economic Literature}, - year = 2002, - volume = {XL}, - number = 2, - pages = {351--401}, - issn = 00220515, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2698382}, -} - -@Book{lsamuelsonEvolutionary, - title = {Evolutionary Games and Equilibrium Selection}, - publisher = {Princeton University Press}, - year = 1997, - author = {Samuelson, Larry}, - address = {Cambridge}, -} - -@Article{samuelsonOLG, - author = {Samuelson, Paul A.}, - title = {An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money}, - journal = {Journal of Political Economy}, - year = 1958, - volume = 66, - number = 6, - pages = {467--482}, - issn = {00223808, 1537534X}, - publisher = {University of Chicago Press}, - url = {http://www.jstor.org/stable/1826989}, -} - -@Book{shillerIEed2, - title = {Irrational Exuberance}, - publisher = {Princeton University Press}, - year = 2005, - author = {Shiller, Robert J.}, - edition = 2, - month = {March}, - date = 2005, -} - -@Article{SongStorenslettenZilibotti11, - author = {Song, Zheng and Storesletten, Kjetil and Zilibotti, Fabrizio}, - title = {Growing Like China}, - journal = {The American Economic Review}, - year = 2011, - volume = 101, - number = 1, - pages = {196--233}, -} - -@InProceedings{swIntlBusCyca, - author = {James H. Stock and Mark W. Watson}, - title = {Forecasting with Many Predictors}, - booktitle = {The Handbook of Economic Forecasting}, - year = 2005, - editor = {Graham Elliott and Clive Granger and Allan Timmermann}, - publisher = {Elsevier/North Holland}, -} - -@Article{Wilcox:92, - author = {Wilcox, David W.}, - title = {The Construction of U.S. Consumption Data: Some Facts and Their Implications for Empirical Work}, - journal = {The American Economic Review}, - year = 1992, - volume = 82, - number = 4, - pages = {922--941}, - month = {September}, -} - -@Article{jwilliamsonKorea, - author = {Williamson, Jeffrey G.}, - title = {Why Do {K}oreans Save 'So Little'?}, - journal = {Journal of Development Economics}, - year = 1979, - volume = 6, - pages = {343--362}, - month = {September}, -} - -@InCollection{carroll:richsave, - author = {Carroll, Christopher D.}, - title = {{W}hy {D}o the {R}ich {S}ave {S}o {M}uch?}, - booktitle = {{D}oes {A}tlas {S}hrug? {T}he {E}conomic {C}onsequences of {T}axing the {R}ich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/Why.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/Why.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/Why.pdf}, -} - -@Article{summers&carroll:brookings, - author = {Summers, Lawrence H. and Carroll, Christopher D.}, - title = {Why is U.S.\ National Saving So Low?}, - journal = {Brookings Papers on Economic Activity}, - year = 1987, - volume = 1987, - number = 2, - pages = {607--636}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}, -} - -@InProceedings{mbUtility, - author = {Modigliani, Franco and Brumberg, Richard}, - title = {Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data}, - booktitle = {Post-Keynesian Economics}, - year = 1954, - editor = {Kurihara, Kenneth K.}, - address = {New Brunswick, NJ}, - publisher = {Rutgers University Press}, -} - -@Article{cstKS, - author = {Carroll, Christopher D and Sla{\-}calek, Jiri and Tokuoka, Ki{\-}ichi}, - title = {Buffer-Stock Saving in a Krusell--Smith World}, - journal = {Economics Letters}, - year = 2015, - volume = 132, - pages = {97--100}, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/papers/cstKS/}; extended version available as ECB Working Paper number 1633, \url{https://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp1633.pdf}}, - doi = {doi:10.1016/j.econlet.2015.04.021}, - publisher = {Elsevier}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/cstKS/}, -} - -@Article{carrollEGM, - author = {Carroll, Christopher D.}, - title = {The {M}ethod of {E}ndogenous {G}ridpoints for {S}olving {D}ynamic {S}tochastic {O}ptimization {P}roblems}, - journal = {Economics Letters}, - year = 2006, - volume = 91, - number = 3, - pages = {312--320}, - month = {September}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/EndogenousGridpoints.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/EndogenousArchive.zip}, - bdsk-url-2 = {http://dx.doi.org/10.1016/j.econlet.2005.09.013}, - doi = {10.1016/j.econlet.2005.09.013}, - url = {https://www.econ2.jhu.edu/people/ccarroll/EndogenousArchive.zip}, -} - -@Book{deatonUnderstandingCNotes, - title = {{U}nderstanding {C}onsumption}, - publisher = {Oxford University Press}, - year = 1992, - author = {Deaton, Angus S.}, - address = {New York}, -} - -@Book{deatonUnderstandingC, - title = {{U}nderstanding {C}onsumption}, - publisher = {Oxford University Press}, - year = 1992, - author = {Deaton, Angus S.}, - address = {New York}, -} - -@TechReport{bgpHousing, - author = {Bostic, Raphael and Gabriel, Stuart and Painter, Gary}, - title = {Housing Wealth, Financial Wealth, and Consumption: New Evidence from Micro Data}, - institution = {University of Southern California}, - year = 2005, - type = {working paper}, - month = {December}, -} - -@Article{aw95, - author = {Orazio Attanasio and Guglielmo Weber}, - title = {Is Consumption Growth Consistent with Intertemporal Optimization? Evidence from the Consumer Expenditure Survey}, - journal = {Journal of Political Economy}, - year = 1995, - volume = 103, - number = 6, - pages = {1121-57}, - month = {December}, -} - -@Article{ersAutoregressive, - author = {Graham Elliott and Thomas J. Rothenberg and James H. Stock}, - title = {Efficient Tests for an Autoregressive Root}, - journal = {Econometrica}, - year = 1996, - volume = 64, - number = 4, - pages = {813--836}, - month = {July}, -} - -@Article{greenCalifornia, - author = {Richard K. Green}, - title = {Stock Prices and House Prices in California: New Evidence of a Wealth Effect}, - journal = {Regional Science and Urban Economics}, - year = 2002, - volume = 32, - pages = {775--783}, -} - -@Article{glAssetPricing, - author = {Grossman, Sanford J. and Laroque, Guy S.}, - title = {Asset Pricing and Optimal Portfolio Choice in the Presence of Illiquid Durable Consumption Goods}, - journal = {Econometrica}, - year = 1990, - volume = 58, - number = 1, - pages = {25--51}, -} - -@Article{inSpillovers, - author = {Iacoviello, Matteo and Neri, Stefano}, - title = {Housing Market Spillovers: Evidence from an Estimated DSGE Model}, - journal = {AEJ Macro}, - year = 2010, - pages = {forthcoming}, - note = {forthcoming}, - institution = {Boston College, Department of Economics}, - type = {working paper}, -} - -@Article{ssModeration, - author = {Sabelhaus, John and Song, Jae}, - title = {The Great Moderation in Micro Labor Earnings}, - journal = {Journal of Monetary Economics}, - year = 2010, - volume = 57, - number = 4, - pages = {391--403}, - month = {May}, - note = {\url{http://ideas.repec.org/a/eee/moneco/v57y2010i4p391-403.html}}, - abstract = {Between 1980 and the early 1990s the variability of labor earnings growth rates across the prime-age working population fell significantly. This decline and timing are consistent with other macro and micro observations about growth variability that are collectively referred to as the \"Great Moderation.\" The variability of earnings growth is negatively correlated with age at any point in time, and the U.S. working age population got older during this period because the Baby Boom was aging. However, the decrease in variability was roughly uniform across all age groups, so population aging is not the source of the overall decline. The variance of log changes also declined at multi-year frequencies in such a way as to suggest that both permanent and transitory components of earnings shocks became more moderate. A simple identification strategy for separating age and cohort effects shows a very intuitive pattern of permanent and transitory shocks over the life cycle, and confirms that a shift over time in the stochastic process occurred even after controlling for age effects.}, - date-added = {2013-04-07T22:40:16GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - doi = {10.1016/j.jmoneco.2010.04.003}, - file = {ssModeration.pdf:ssModeration.pdf:PDF}, - keywords = { Labor earnings Earnings volatility Great moderation}, - language = {English}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Sabelhaus/Journal_of_Monetary_Economics_2010_Sabelhaus.pdf}, - rating = 0, - uri = {\url{papers2://publication/doi/10.1016/j.jmoneco.2010.04.003}}, - url = {http://ideas.repec.org/a/eee/moneco/v57y2010i4p391-403.html}, -} - -@Article{deatonLiqConstr, - author = {Deaton, Angus S.}, - title = {Saving and Liquidity Constraints}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {1221-1248}, - note = {\url{https://www.jstor.org/stable/2938366}}, - bdsk-url-1 = {http://ideas.repec.org/a/ecm/emetrp/v59y1991i5p1221-48.html}, - file = {deatonLiqConstr.pdf:deatonLiqConstr.pdf:PDF}, - owner = {Nic Johnson}, - url = {http://www.jstor.org/stable/2938366}, -} - -@Article{cagettiWprofiles, - author = {Marco Cagetti}, - title = {Wealth Accumulation Over the Life Cycle and Precautionary Savings}, - journal = {Journal of Business and Economic Statistics}, - year = 2003, - volume = 21, - number = 3, - pages = {339--353}, -} - -@Article{pikettySaez:incomeIneq_qje03, - author = {Thomas Piketty and Emmanuel Saez}, - title = {Income Ineuality in the United States, 1913--1998}, - journal = {Quarterly Journal of Economics}, - year = 2003, - volume = 118, - number = 1, - pages = {1--39}, - month = {February}, -} - -@Article{demyanykEtAl_JoF07_deregulation, - author = {Yuliya Demyanyk and Charlotte Ostergaard and Bent E. S{\o}rensen}, - title = {U.S. Banking Deregulation, Small Businesses, and Interstate Insurance of Personal Income}, - journal = {Journal of Finance}, - year = 2007, - volume = 62, - number = 6, - pages = {2763--2801}, - month = {December}, - abstract = { We estimate the effects of deregulation of U.S. banking restrictions on interstate personal income insurance for the period 1970 to 2001. Interstate income insurance occurs when personal income reacts less than one-to-one to state-specific output shocks. We find that insurance improved after banking deregulation, with a larger effect in states where small businesses are more important and on proprietors' income than on other components of personal income. Our explanation centers on the role of banks as a prime source of small business finance and on the close intertwining of the personal and business finances of small business owners. Copyright 2007 by The American Finance Association.}, - url = {https://ideas.repec.org/a/bla/jfinan/v62y2007i6p2763-2801.html}, -} - -@Article{carroll:brookings, - author = {Carroll, Christopher D.}, - title = {The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence}, - journal = {Brookings Papers on Economic Activity}, - year = 1992, - volume = 1992, - number = 2, - pages = {61--156}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}}, - score = 30, - url = {https://www.econ2.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}, -} - -@Article{carrollBrookings, - author = {Carroll, Christopher D.}, - title = {The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence}, - journal = {Brookings Papers on Economic Activity}, - year = 1992, - volume = 1992, - number = 2, - pages = {61--156}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}}, - score = 30, - url = {https://www.econ2.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}, -} -@incollection{lee15, - author = "Lee, Donghoon and Mayer, Christopher and Tracy, Joseph", - title = "{A New Look at Second Liens}", - year = "2013", - booktitle={Housing and the Financial Crisis}, - editor={Glaeser, Edward L. and Sinai, Todd} -} - -@article{li12, - author = "Li, Wenli and Liu, Haiyong and Yang, Fang and Yao, Rui", - title = "{Housing Over Time and Over the Life Cycle: A Structural Estimation}", - journal = "International Economic Review", - year = "2015", - month = "Forthcoming" -} - -@article{bajari13, - author = "Bajari, Patrick and Chan, Phoebe and Krueger, Dirk and Miller, Daniel", - title = "{A Dynamic Model of Housing Demand: Estimation and Policy Implications}", - year = "2013", - journal = "International Economic Review", - volume = "54", - number = "2", - pages = "409--442" -} - -@article{bergervavra15, - author = "Berger, David and Vavra, Joseph", - title = "{Consumption Dynamics During Recessions}", - year = "2015", - journal = "Econometrica", - volume = "83", - number = "1", - pages = "101--154" -} - -@article{avery10, - author = "Avery, Robert B. and Bhutta, Neil and Brevoort, Kenneth P. and Canner, Glenn B. and Gibbs, Christa N.", - title = "{The 2008 HMDA Data: The Mortgage Market during a Turbulent Year}", - year = "2010", - journal = "Federal Reserve Bulletin" -} - -@article{rappaport14, - author = "Rappaport, Jordan and Willen, Paul", - title = "{Tight Credit Conditions Continue to Constrain the Housing Recovery}", - year = "2014", - journal = "Federal Reserve Bank of Kansas City Macro Bulletin" -} - -@article{garriga09b, - author = "Garriga, Carlos", - title = "{Lending Standards in Mortgage Markets}", - year = "2009", - journal = "Federal Reserve Bank of St.\ Louis Economic Synopses" -} - -@article{gerardi08, - author = "Gerardi, Kristopher and Lehnert, Andreas and Sherlund, Shane M. and Willen, Paul", - title = "{Making Sense of the Subprime Crisis}", - year = "2008", - journal = "Brookings Papers on Economic Activity" -} - -@article{miansufi09, - author = "Mian, Atif and Sufi, Amir", - title = "{The Consequences of Mortgage Credit Expansion: Evidence from the U.S.\ Mortgage Default Crisis}", - year = "2009", - journal = "Quarterly Journal of Economics", - volume = "124", - issue = "4", - pages = "1449--1496" -} - -@incollection{krueger16, - author = "Krueger, Dirk and Mitman, Kurt and Perri, Fabrizio", - title = "{On the Distribution of Welfare Losses of Large Recessions}", - year = "2016", - booktitle={Advances in Economics and Econometrics: Theory and Applications, Eleventh World Congress} -} - -@incollection{krueger16b, - author = "Krueger, Dirk and Mitman, Kurt and Perri, Fabrizio", - title = "{Macroeconomics and Heterogeneity, Including Inequality}", - year = "2016", - booktitle={Handbook of Macroeconomics, Volume 2} -} - -@unpublished{engen15, - author = "Engen, Eric N. and Laubach, Thomas and Reifschneider, David", - title = "{The Macroeconomic Effects of the Federal Reserve's Unconventional Monetary Policies}", - year = "2015", - note = "Working Paper" -} - -@article{hedlundgarriga16, - author = "Garriga, Carlos and Hedlund, Aaron", - title = "{Mortgage Debt, Consumption, and Illiquid Housing Markets in the Great Recession}", - journal = "American Economic Review", - year = "2020", - volume = "110", - number = "6" -} - -@unpublished{ghFragility, - author = "Garriga, Carlos and Hedlund, Aaron", - title = "{Housing Finance, Boom-Bust Episodes, and Macroeconomic Fragility}", - year = "2021", - note = "Working Paper" -} - -@unpublished{ghtwRural, - author = "Garriga, Carlos and Hedlund, Aaron and Tang, Yang and Wang, Ping", - title = "{Rural-Urban Migration, Structural Transformation, and Housing Markets in China}", - year = "2019", - note = "Working Paper" -} - -@article{hedlundFailure, - author = "Hedlund, Aaron", - title = "{Failure to Launch: Housing, Debt Overhang, and the Inflation Option During the Great Recession}", - year = "2019", - journal = "American Economic Journal: Macroeconomics", - volume = "11", - number = "2", - pages = "228--274" -} - -@article{hedlund18, - author = "Hedlund, Aaron", - title = "{Credit Constraints, House Prices, and the Impact of Life Cycle Dynamics}", - year = "2018", - journal = "Economics Letters", - volume = "171", - pages = "202--207" -} - -@unpublished{hedlund18b, - author = "Hedlund, Aaron", - title = "{Down Payments and the Homeownership Dream: Not Such a Barrier After All?}", - year = "2018", - note = "Working Paper" -} - -@article{hedlundtax, - author = "Hedlund, Aaron", - title = "{Estate Taxation and Human Capital with Information Externalities}", - year = "2018", - journal = "Macroeconomic Dynamics", - note = "Forthcoming" -} - -@unpublished{agarwaletal15, - author = "Agarwal, Sumit and Amromin, Gene and Chomsisengphet, Souphala and Piskorski, Tomasz and Seru, Amit and Yao, Vincent", - title = "{Mortgage Refinancing, Consumer Spending, and Competition: Evidence from the Home Affordable Refinancing Program}", - year = "2015", - note = "Working Paper" -} - -@article{adelino16, - author = "Adelino, Manuel and Schoar, Antoinette and Severino, Felipe", - title = "{Loan Originations and Defaults in the Mortgage Crisis: The Role of the Middle Class}", - year = "2016", - journal = "Review of Financial Studies", - volume = "29", - number = "7", - pages = "1635--1670" -} - -@unpublished{foote16, - author = "Foote, Christopher L. and Loewenstein, Lara and Willen, Paul S.", - title = "{Cross-Sectional Patterns of Mortgage Debt during the Housing Boom: Evidence and Implications}", - year = "2016", - note = "Working Paper" -} - -@unpublished{albanesi16, - author = "Albanesi, Stefania and DeGiorgi, Giacomo and Nosal, Jaromir", - title = "{Credit Growth and the Financial Crisis: A New Narrative}", - year = "2017", - note = "Working Paper" -} - -@unpublished{leventis14, - author = "Leventis, Andrew", - title = "{The Relationship between Second Liens, First Mortgage Outcomes, and Borrower Credit: 1996 -- 2010}", - year = "2014", - note = "Working Paper" -} - -@unpublished{guren15, - author = "Guren, Adam M. and McQuade, Timothy J.", - title = "{How Do Foreclosures Exacerbate Housing Downturns?}", - year = "2015", - note = "Working Paper" -} - -@unpublished{guvenen16, - author = "Guvenen, Fatih and Karahan, Fatih and Ozkan, Serdar and Song, Jae", - title = "{What Do Data on Millions of U.S.\ Workers Reveal about Life-Cycle Earnings Dynamics?}", - year = "2019", - note = "Working Paper" -} - -@unpublished{veldkamp16, - author = "Kozeniauskas, Nicholas and Orlik, Anna and Veldkamp, Laura", - title = "{The Common Origin of Uncertainty Shocks}", - year = "2016", - note = "Working Paper" -} - -@unpublished{kozeniauskas18, - author = "Kozeniauskas, Nicholas and Orlik, Anna and Veldkamp, Laura", - title = "{What Are Uncertainty Shocks?}", - year = "2018", - note = "Working Paper" -} - -@article{bloom14, - author = "Bloom, Nicholas and Floetotto, Max and Jaimovich, Nir and Saporta-Eksten, Itay and Terry, Stephen J.", - title = "{Really Uncertain Business Cycles}", - year = "2018", - journal = "Econometrica", - volume = "86", - number = "3", - pages = "1031--1065" -} - -@unpublished{buschetal18, - author = "Busch, Christopher and Domeij, David and Guvenen, Fatih and Madera, Rocio", - title = "{Asymmetric Business-Cycle Risk and Social Insurance}", - year = "2018", - note = "Working Paper" -} - -@article{stockwatson12, - author = "Stock, James H. and Watson, Mark W.", - title = "{Disentangling the Channels of the 2007 -- 2009 Recession}", - year = "2012", - month = "Spring", - journal = "Brookings Papers on Economic Activity", -} - -@incollection{gertler11, - author={Gertler, Mark and Kiyotaki, Nobuhiro}, - year={2011}, - title={Financial Intermediation and Credit Policy in Business Cycle Analysis}, - booktitle={Handbook of Monetary Economics}, - editor={Friedman, Benjamin and Woodford, Michael} -} - -@incollection{glaeser13, - author={Glaeser, Edward L. and Gottlieb, Joshua D. and Gyourko, Joseph}, - year={2013}, - title={Can Cheap Credit Explain the Housing Boom?}, - booktitle={Housing and the Financial Crisis}, - editor={Glaeser, Edward L. and Sinai, Todd} -} - -@unpublished{wright16, - author = "Gaumont, Damien and Wright, Randall and Zhu, Yu", - title = "{Sticky House Prices?}", - year = "2016", - month = "Feb.", - note = "Working Paper" -} - -@article{hatchondo15, - author = "Hatchondo, Juan Carlos and Martinez, Leonardo and Sanchez, Juan M.", - title = "{Mortgage Defaults}", - year = "2015", - journal = "Journal of Monetary Economics", - volume = "76", - pages = "173--190" -} - -@article{attanasio09, - author = "Attanasio, Orazio P. and Blow, Laura and Hamilton, Robert and Leicester, Andrew", - title = "{Booms and Busts: Consumption, House Prices, and Expectations}", - year = "2009", - journal = "Economica", - issue = "76", - pages = "20--50" -} - -@article{chambers09, - author = "Chambers, Matthew S. and Garriga, Carlos and Schlagenhauf, Don E.", - title = "{The Loan Structure and Housing Tenure Decisions in an Equilibrium Model of Mortgage Choice}", - year = "2009", - journal = "Review of Economic Dynamics", - issue = "12", - pages = "444--468" -} - -@article{joyce14, - author = "Joyce, Michael and Miles, David and Scott, Andrew and Vayanos, Dimitri", - title = "{Quantitative Easing and Unconventional Monetary Policy -- An Introduction}", - year = "2012", - journal = "The Economic Journal", - month = "Nov.", - pages = "271--288" -} - -@article{guvenen14, - author = "Guvenen, Fatih and Ozkan, Serdar and Song, Jae", - title = "{The Nature of Countercyclical Income Risk}", - year = "2014", - journal = "Journal of Political Economy", - volume = "122", - number = "3", - pages = "621--660" -} - -@article{chen12, - author = "Chen, Han and C\'{u}rdia, Vasco and Ferrero, Andrea", - title = "{The Macroeconomic Effects of Large-Scale Asset Purchase Programmes}", - year = "2012", - journal = "The Economic Journal", - month = "Nov.", - pages = "289--315" -} - -@unpublished{cui15, - author = "Cui, Wei and Radde, Soren", - title = "{Search-Based Endogenous Asset Liquidity and the Macroeconomy}", - year = "2015", - month = "Dec.", - note = "Working Paper" -} - -@unpublished{chen15, - author = "Chen, Hui and Cui, Rui and He, Zhiguo and Milbradt, Konstantin", - title = "{Quantifying Liquidity and Default Risks of Corporate Bonds over the Business Cycle}", - year = "2015", - month = "July", - note = "Working Paper" -} - -@article{wright15, - author = "He, Chao and Wright, Randall and Zhu, Yu", - title = "{Housing and Liquidity}", - year = "2015", - journal = "Review of Economic Dynamics", - volume = "18", - pages = "435--455" -} - -@article{he14, - author = "He, Zhiguo and Milbradt, Konstantin", - title = "{Endogenous Liquidity and Defaultable Bonds}", - year = "2014", - journal = "Econometrica", - volume = "82", - number = "1", - pages = "1443--1508" -} - -@article{primiceri15, - author = "Justiniano, Alejandro and Primiceri, Giorgio and Tambalotti, Andrea", - title = "{Household Leveraging and Deleveraging}", - year = "2015", - journal = "Review of Economic Dynamics", - volume = "18", - number = "1", - pages = "3--20" -} - -@article{jones93, - author = "Jones, Lawrence D.", - title = "{Deficiency Judgments and the Exercise of the Default Option in Home Mortgage Loans}", - year = "1993", - month = "Apr.", - journal = "Journal of Law and Economics", - volume = "36", - number = "1", - pages = "115--138" -} - -@article{krugman98, - author = "Krugman, Paul", - title = "{It's Baaack: Japan's Slump and the Return of the Liquidity Trap}", - year = "1998", - journal = "Brookings Papers on Economic Activity", -} - -@article{svensson03, - author = "Svensson, Lars", - title = "{Escaping from a Liquidity Trap and Deflation: The Foolproof Way and Others}", - year = "2003", - journal = "Journal of Economic Perspectives", - volume = "17", - number = "4", - pages = "145--166" -} - -@article{krishnamurthy11, - author = "Krishnamurthy, Arvind and Vissing-Jorgensen, Annette", - title = "{The Effects of Quantitative Easing on Interest Rates: Channels and Implications for Policy}", - year = "2011", - journal = "Brookings Papers on Economic Activity", - month = "Fall", - pages = "215--288" -} - -@article{wolman05, - author = "Wolman, Alexander L.", - title = "{Real Implications of the Zero Bound on Nominal Interest Rates}", - year = "2005", - journal = "Journal of Money, Credit and Banking", - volume = "37", - number = "2", - pages = "273--296" -} - -@article{gertler08, - author = "Gertler, Mark and Sala, Luca and Trigari, Antonella", - title = "{An Estimated Monetary DSGE Model with Unemployment and Staggered Nominal Wage Bargaining}", - year = "2008", - journal = "Journal of Money, Credit, and Banking", - volume = "40", - number = "8", - pages = "1713--1763" -} - -@unpublished{baker14, - author = "Baker, Scott", - title = "{Debt and the Consumption Response to Household Income Shocks}", - year = "2014", - note = "Working Paper" -} - -@unpublished{wen14, - author = "Wen, Yi", - title = "{QE: When and How Should the Fed Exit?}", - year = "2014", - note = "Working Paper" -} - -@unpublished{wen14b, - author = "Wen, Yi", - title = "{Evaluating Unconventional Monetary Policies--Why Aren't They More Effective?}", - year = "2014", - note = "Working Paper" -} - -@unpublished{bhattarai15, - author = "Bhattarai, Saroj and Eggertsson, Gauti B. and Gafarov, Bulat", - title = "{Time Consistency and the Duration of Government Debt: A Signalling Theory of Quantitative Easing}", - year = "2015", - note = "Working Paper" -} - -@unpublished{dimaggioetal16, - author = "Di Maggio, Marco and Kermani, Amir and Palmer, Christopher", - title = "{How Quantitative Easing Works: Evidence on the Refinancing Channel}", - year = "2018", - note = "Working Paper" -} - -@unpublished{doepke15, - author = "Doepke, Matthias and Schneider, Martin and Selezneva, Veronika", - title = "{Distributional Effects of Monetary Policy}", - year = "2015", - note = "Working Paper" -} - -@unpublished{miansufi15, - author = "Mian, Atif and Sufi, Amir", - title = "{Household Debt and Defaults from 2000 to 2010: Facts from Credit Bureau Data}", - year = "2015", - note = "Working Paper" -} - -@unpublished{miansufi, - author = "Mian, Atif and Sufi, Amir", - title = "{House Price Gains and U.S. Household Spending from 2002 to 2006}", - year = "2014", - note = "Working Paper" -} - -@unpublished{miansufi16, - author = "Mian, Atif and Sufi, Amir and Verner, Emil", - title = "{Household Debt and Business Cycles Worldwide}", - year = "2016", - note = "Working Paper" -} - -@article{berger15, - author = "Berger, David and Guerrieri, Veronica and Lorenzoni, Guido and Vavra, Joseph", - title = "{House Prices and Consumer Spending}", - year = "2018", - journal = "Review of Economic Studies", - volume = "85", - number = "3", - pages = "1502--1542" -} - -@unpublished{stroebel15, - author = "Stroebel, Johannes and Vavra, Joseph", - title = "{House Prices, Local Demand, and Retail Prices}", - year = "2015", - note = "Working Paper" -} - -@unpublished{kehoe14, - author = "Kehoe, Patrick and Midrigan, Virgiliu and Pastorino, Elena", - title = "{Debt Constraints and Employment}", - year = "2016", - note = "Working Paper" -} - -@unpublished{mitman15, - author = "Kaplan, Greg and Mitman, Kurt and Violante, Giovanni L.", - title = "{The Housing Boom and Bust: Model Meets Evidence}", - year = "2019", - note = "Working Paper" -} - -@unpublished{mitman15b, - author = "Kaplan, Greg and Mitman, Kurt and Violante, Giovanni L.", - title = "{Non-durable Consumption and Housing Net Worth in the Great Recession: Evidence from Easily Accessible Data}", - year = "2016", - note = "Working Paper" -} - -@unpublished{vojtech16, - author = "Driscoll, John C. and Kay, Benjamin S. and Vojtech, Cindy M.", - title = "{The Real Consequences of Bank Mortgage Lending Standards}", - year = "2016", - note = "Working Paper" -} - -@unpublished{midrigan16, - author = "Jones, Callum and Midrigan, Virgiliu and Philippon, Thomas", - title = "{Household Leverage and the Recession}", - year = "2018", - note = "Working Paper" -} - -@unpublished{gorea15, - author = "Gorea, Denis and Midrigan, Virgiliu", - title = "{Liquidity Constraints in the U.S. Housing Market}", - year = "2015", - note = "Working Paper" -} - -@unpublished{kaplan16, - author = "Kaplan, Greg and Moll, Benjamin and Violante, Giovanni L.", - title = "{Monetary Policy According to HANK}", - year = "2016", - note = "Working Paper" -} - -@unpublished{huo16, - author = "Huo, Zhen and R\'{i}os-Rull, Jos\'{e}-V\'{i}ctor", - title = "{Financial Frictions, Asset Prices, and the Great Recession}", - year = "2016", - note = "Working Paper" -} - -@unpublished{woodford15, - author = "Garc\'{i}a-Schmidt, Mariana and Woodford, Michael", - title = "{Are Low Interest Rates Deflationary? A Paradox of Perfect-Foresight Analysis}", - year = "2015", - note = "Working Paper" -} - -@unpublished{woodford12, - author = "Woodford, Michael", - title = "{Methods of Policy Accommodation at the Interest-Rate Lower Bound}", - year = "2012", - note = "Working Paper" -} - -@article{castaneda03, - author = "Casta{\~n}eda, Ana and D\'{i}az-Gim\'{e}nez, Javier and R\'{i}os-Rull, Jos\'{e}-V\'{i}ctor", - title = "{Accounting for the U.S.\ Earnings and Wealth Inequality}", - year = "2003", - journal = "Journal of Political Economy", - volume = "111", - number = "4", - pages = "818--857" -} - -@article{pistaferri15, - author = "Pistaferri, Luigi", - title = "{Household Consumption: Research Questions, Measurement Issues, and Data Collection Strategies}", - year = "2015", - journal = "Journal of Economic and Social Measurement" -} - -@incollection{pistaferri12, - author={Petev, Ivaylo and Pistaferri, Luigi and Eksten, Itay Saporta}, - year={2012}, - title={Consumption and the Great Recession}, - booktitle={Analyses of the Great Recession}, - editor={Grusky, D. and Western, B. and Wimer, C.} -} - -@unpublished{bhutta10, - author = "Bhutta, Neil and Dokko, Jane and Shan, Hui", - title = "{The Depth of Negative Equity and Mortgage Default Decisions}", - year = "2010", - note = "Working Paper" -} - -@unpublished{kuhn13, - author = "Kuhn, Moritz and R\'{i}os-Rull, Jos\'{e}-V\'{i}ctor", - title = "{2013 Update on the U.S.\ Earnings, Income, and Wealth Distributional Facts: A View from Macroeconomics}", - year = "2013", - note = "Working Paper" -} - -@article{solomon11, - author = "Solomon, Dov and Minnes, Odelia", - title = "{Non-Recourse, No Down Payment and the Mortgage Meltdown: Lessons from Undercapitalization}", - year = "2011", - month = "July", - journal = "Fordham Journal of Corporate and Financial Law", - volume = "16", - pages = "529" -} - -@article{pence06, - author = "Pence, Karen", - title = "{Foreclosing on Opportunity: State Laws and Mortgage Credit}", - year = "2006", - month = "Feb.", - journal = "The Review of Economics and Statistics", - volume = "88", - number = "1", - pages = "177--182" -} - -@article{davis05, - author = "Davis, Morris A. and Heathcote, Jonathan", - title = "{Housing and the Business Cycle}", - year = "2005", - journal = "International Economic Review", - volume = "46", - number = "3", - pages = "751--784" -} - -@article{kearl79, - author = "Kearl, J.R.", - title = "{Inflation, Mortgage, and Housing}", - year = "1979", - journal = "Journal of Political Economy", - volume = "87", - number = "5", - pages = "1115--1138" -} - -@article{kaplan14, - author = "Kaplan, Greg and Violante, Giovanni L.", - title = "{A Model of the Consumption Response to Fiscal Stimulus Payments}", - year = "2014", - journal = "Econometrica", - volume = "82", - number = "4", - pages = "1199--1239" -} - -@article{meh10, - author = "Meh, C\'{e}h and R\'{i}os-Rull, Jos\'{e}-V\'{i}ctor and Terajima, Yaz", - title = "{Aggregate and Welfare Effects of Redistribution of Wealth Under Inflation and Price-Level Targeting}", - year = "2010", - journal = "Journal of Monetary Economics", - volume = "57", - pages = "637--652" -} - -@unpublished{garriga15, - author = "Garriga, Carlos and Kydland, Finn and Sustek, Roman", - title = "{Mortgages and Monetary Policy}", - year = "2015", - month = "Jan.", - note = "Working Paper" -} - -@unpublished{gali14, - author = "Gal\'{i}, Jordi", - title = "{The Effects of a Money-Financed Fiscal Stimulus}", - year = "2014", - month = "Sept.", - note = "Working Paper" -} - -@incollection{lessard75, - author = "Lessard, D. R. and Modigliani, F.", - title = "{Inflation and the Housing Market: Problems and Potential Solutions}", - publisher = "Federal Reserve Bank of Boston", - year = "1975", - booktitle = "New Mortgage Designs for Stable Housing in an Inflationary Environment" -} - -@article{chatterjee11, - author = "Chatterjee, Satyajit and Eyigungor, Burcu", - title = "{A Quantitative Analysis of the U.S. Housing and Mortgage Markets and the Foreclosure Crisis}", - year = "2015", - journal = "Review of Economic Dynamics", - volume = "18", - number = "2", - pages = "165--184" -} - -@article{arslan15, - author = "Arslan, Yavuz and Guler, Bulent and Taskin, Temel", - title = "{Joint Dynamics of House Prices and Foreclosures}", - year = "2015", - journal = "Journal of Money, Credit, and Banking", - volume = "47", - pages = "133--169" -} - -@unpublished{piazzesi12, - author = "Piazzesi, Monika and Schneider, Martin", - title = "{Inflation and the Price of Real Assets}", - year = "2012", - note = "Working Paper" -} - -@unpublished{reinhart13, - author = "Reinhart, Carmen M. and Rogoff, Kenneth S.", - title = "{Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten}", - year = "2013", - note = "IMF Working Paper" -} - -@unpublished{lin14, - author = "Lin, Li and Tsomocos, Dimitrios P. and Vardoulakis, Alexandros P.", - title = "{Debt Deflation Effects of Monetary Policy}", - year = "2014", - note = "Working Paper" -} - -@unpublished{hilscher14, - author = "Hilscher, Jens and Raviv, Alon and Reis, Ricardo", - title = "{Inflating Away the Public Debt? An Empirical Assessment}", - year = "2014", - note = "Working Paper" -} - -@unpublished{auclert14, - author = "Auclert, Adrien", - title = "{Monetary Policy and the Redistribution Channel}", - year = "2015", - note = "Working Paper" -} - -@article{dimaggio14, - author = "DiMaggio, Marco and Kermani, Amir and Keys, Benjamin J. and Piskorski, Tomasz and Ramcharan, Rodney and Seru, Amit and Yao, Vincent", - title = "{Interest Rate Pass-Through: Mortgage Rates, Household Consumption, and Voluntary Deleveraging}", - year = "2017", - journal = "American Economic Review", - volume = "107", - number = "11", - pages = "3550--3588" -} - -@unpublished{ehrlich14, - author = "Ehrlich, Gabriel and Montes, Joshua", - title = "{Wage Rigidity and Employment Outcomes: Evidence from Administrative Data}", - year = "2014", - note = "Working Paper" -} - - -@article{aladangady14, - author = "Aladangady, Aditya", - title = "{Housing Wealth and Consumption: Evidence from Geographically Linked Microdata}", - year = "2017", - journal = "American Economic Review", - volume = "107", - number = "11", - pages = "3415--3446" -} - -@unpublished{benigno14, - author = "Benigno, Pierpaolo and Eggertsson, Gauti B. and Romei, Federica", - title = "{Dynamic Debt Deleveraging and Optimal Monetary Policy}", - year = "2014", - note = "Working Paper" -} - -@unpublished{eggertsson13, - author = "Eggertsson, Gauti and Giannoni, Marc", - title = "{The Inflation Output Tradeoff Revisited}", - year = "2013", - note = "Working Paper" -} - -@unpublished{bhattarai13, - author = "Bhattari, Saroj and Eggertsson, Gauti and Gafarov, Bulat", - title = "{Time Consistency and the Duration of Government Debt: A Signalling Theory of Quantitative Easing}", - year = "2015", - note = "Working Paper" -} - -@unpublished{leeper13, - author = "Leeper, Eric M. and Zhou, Xuan", - title = "{Inflation's Role in Optimal Monetary-Fiscal Policy}", - year = "2013", - note = "Working Paper" -} - -@article{reinhart15, - author = "Reinhart, Carmen and Sbrancia, M. Belen", - title = "{The Liquidation of Government Debt}", - year = "2015", - journal = "Economic Policy", - month = "Forthcoming" -} - -@article{miansufi13, - author = "Mian, Atif and Rao, Kamalesh and Sufi, Amir", - title = "{Household Balance Sheets, Consumption, and the Economic Slump}", - year = "2013", - journal = "Quarterly Journal of Economics", - volume = "128", - number = "4", - pages = "1687--1726" -} - -@article{eggertsson06, - author = "Eggertsson, Gauti", - title = "{The Deflation Bias and Committing to Being Irresponsible}", - year = "2006", - journal = "Journal of Money, Credit and Banking", - volume = "36", - number = "2", -} - -@article{eggertsson03, - author = "Eggertsson, Gauti and Woodford, Michael", - title = "{The Zero Interest-Rate Bound and Optimal Monetary Policy}", - year = "2003", - journal = "Brookings Papers on Economic Activity", - volume = "1", -} - -@article{doepke06, - author = "Doepke, Matthias and Schneider, Martin", - title = "{Inflation and the Redistribution of Nominal Wealth}", - year = "2006", - journal = "Journal of Political Economy", - volume = "114", - number = "6", - pages = "1069--1097" -} - -@article{dynan12, - author = "Dynan, Karen", - title = "{Is a Household Debt Overhang Holding Back Consumption?}", - year = "2012", - month = "Spring", - journal = "Brookings Papers on Economic Activity", -} - -@article{sheedy14, - author = "Sheedy, Kevin D.", - title = "{Debt and Incomplete Financial Markets: A Case for Nominal GDP Targeting}", - year = "2014", - month = "Spring", - journal = "Brookings Papers on Economic Activity", -} - -@article{case08, - author = "Case, Karl E.", - title = "{The Central Role of Home Prices in the Current Financial Crisis: How Will the Market Clear?}", - year = "2008", - month = "Fall", - journal = "Brookings Papers on Economic Activity", -} - -@article{brunnermeier09, - author = "Brunnermeier, Markus K. and Pedersen, Lasse Heje", - title = "{Market Liquidity and Funding Liquidity}", - year = "2009", - journal = "Review of Financial Studies", - volume = "22", - number = "6", - pages = "2201--2238" -} - -@article{mishkin77, - author = "Kearl, J.R. and Mishkin, Frederic S.", - title = "{Illiquidity, the Demand for Residential Housing, and Monetary Policy}", - year = "1977", - month = "Dec.", - journal = "The Journal of Finance", - volume = "32", - number = "5", - pages = "1571--1586" -} - -@article{caseshiller89, - author = "Case, Karl E. and Shiller, Robert J.", - title = "{The Efficiency of the Market for Single-Family Homes}", - year = "1989", - month = "Mar.", - journal = "American Economic Review", - volume = "79", - number = "1", - pages = "125--137" -} - -@article{wheaton90, - author = "Wheaton, William C.", - title = "{Vacancy, Search, and Prices in a Housing Market Matching Model}", - year = "1990", - month = "Dec.", - journal = "The Journal of Political Economy", - volume = "98", - number = "6", - pages = "1270--1292" -} - -@article{stein95, - author = "Stein, Jeremy C.", - title = "{Prices and Trading Volume in the Housing Market: A Model with Down-Payment Effects}", - year = "1995", - month = "May", - journal = "The Quarterly Journal of Economics", - volume = "110", - number = "2", - pages = "379--406" -} - -@article{berkovec96, - author = "Berkovec, James A. and {Goodman, Jr.}, John L.", - title = "{Turnover as a Measure of Demand for Existing Homes}", - year = "1996", - journal = "Real Estate Economics", - volume = "24", - number = "4", - pages = "421--440" -} - -@article{cutler91, - author = "Cutler, David M. and Poterba, James M. and Summers, Lawrence H.", - title = "{Speculative Dynamics}", - year = "1991", - month = "May", - journal = "The Review of Economic Studies", - volume = "58", - number = "3", - pages = "529--546" -} - -@article{springer96, - author = "Springer, Thomas M.", - title = "{Single-Family Housing Transactions: Seller Motivations, Price, and Marketing Time}", - year = "1996", - journal = "Journal of Real Estate Finance and Economics", - volume = "13", - pages = "237--254" -} - -@article{baryla95, - author = "Baryla, Edward A. and Zumpano, Leonard V.", - title = "{Buyer Search Duration in the Residential Real Estate Market: The Role of the Real Estate Agent}", - year = "1995", - journal = "The Journal of Real Estate Research", - volume = "10", - number = "1", - pages = "1--13" -} - -@article{genesove97, - author = "Genesove, David and Mayer, Christopher J.", - title = "{Equity and Time to Sell in the Real Estate Market}", - year = "1997", - month = "June", - journal = "American Economic Review", - volume = "87", - number = "3", - pages = "255--269" -} - -@article{glower98, - author = "Glower, Michel and Hauren, Donald R. and Hendershott, Patric H.", - title = "{Selling Time and Selling Price: The Influence of Seller Motivation}", - year = "1998", - journal = "Real Estate Economics", - volume = "26", - number = "4", - pages = "719--740" -} - -@article{stein99, - author = "Lamont, Owen and Stein, Jeremy C.", - title = "{Leverage and House-Price Dynamics in U.S. Cities}", - year = "1999", - month = "Autumn", - journal = "The RAND Journal of Economics", - volume = "30", - number = "3", - pages = "498--514" -} - -@article{krainer01, - author = "Krainer, John", - title = "{A Theory of Liquidity in Residential Real Estate Markets}", - year = "2001", - journal = "Journal of Urban Economics", - volume = "49", - pages = "32--63" -} - -@article{genesove01, - author = "Genesove, David and Mayer, Christopher", - title = "{Loss Aversion and Seller Behavior: Evidence from the Housing Market}", - year = "2001", - month = "Nov.", - journal = "The Quarterly Journal of Economics", - volume = "116", - number = "4", - pages = "1233--1260" -} - -@article{capozza04, - author = "Capozza, Dennis R. and Hendershott, Patric H. and Mack, Charlotte", - title = "{An Anatomy of Price Dynamics in Illiquid Markets: Analysis and Evidence from Local Housing Markets}", - year = "2004", - journal = "Real Estate Economics", - volume = "32", - number = "1", - pages = "1--32" -} - -@article{cocco04, - author = "Cocco, Jo$\tilde{\text{a}}$o F.", - title = "{Portfolio Choice in the Presence of Housing}", - year = "2004", - journal = "The Review of Financial Studies", - volume = "18", - number = "2", - pages = "535--567" -} - -@article{campbell07, - author = "Campbell, John Y. and Cocco, Jo$\tilde{\text{a}}$o F.", - title = "{How do House Prices Affect Consumption? Evidence from Micro Data}", - year = "2007", - journal = "Journal of Monetary Economics", - volume = "54", - number = "3", - pages = "591--621" -} - -@article{campbell15, - author = "Campbell, John Y. and Cocco, Jo$\tilde{\text{a}}$o F.", - title = "{A Model of Mortgage Default}", - year = "2015", - journal = "Journal of Finance", - volume = "70", - number = "4", - pages = "1495--1554" -} - -@article{yao05, - author = "Yao, Rui and Zhang, Harold H.", - title = "{Optimal Consumption and Portfolio Choices with Risky Housing and Borrowing Constraints}", - year = "2005", - journal = "The Review of Financial Studies", - volume = "18", - number = "1", - pages = "197--239" -} - -@article{flavin02, - author = "Flavin, Marjorie and Yamashita, Takashi", - title = "{Owner-Occupied Housing and the Composition of the Household Portfolio}", - year = "2002", - month = "Mar.", - journal = "American Economic Review", - volume = "92", - number = "1", - pages = "345--362" -} - -@article{ortalo06, - author = "Ortalo-Magn\'{e}, Fran\c{c}ois and Rady, Sven", - title = "{Housing Market Dynamics: On the Contribution of Income Shocks and Credit Constraints}", - year = "2006", - month = "Apr.", - journal = "The Review of Economic Studies", - volume = "73", - number = "2", - pages = "459--485" -} - -@article{pennington06, - author = "Pennington-Cross, Anthony", - title = "{The Value of Foreclosed Property}", - year = "2006", - journal = "JRER", - volume = "28", - number = "2", - pages = "193--214" -} - -@article{pennington10, - author = "Pennington-Cross, Anthony", - title = "{The Duration of Foreclosures in the Subprime Mortgage Market: A Competing Risks Model with Mixing}", - year = "2010", - journal = "Journal of Real Estate Financial Economics", - volume = "40", - pages = "109--129" -} - -@article{rappaport07, - author = "Rappaport, Jordan", - title = "{A Guide to Aggregate House Price measures}", - year = "2007", - journal = "Economic Review, Federal Reserve Bank of Kansas City", - volume = "Second Quarter", - pages = "41--71" -} - -@article{harding07, - author = "Harding, John P. and Rosenthal, Stuart S. and Sirmans, C.F.", - title = "{Depreciation of Housing Capital, Maintenance, and House Price Inflation: Estimates from a Repeat Sales Model}", - year = "2007", - journal = "Journal of Urban Economics", - volume = "61", - pages = "193--217" -} - -@article{silos07, - author = "Silos, Pedro", - title = "{Housing, Portfolio Choice and the Macroeconomy}", - year = "2007", - journal = "Journal of Economic Dynamics and Control", - volume = "31", - pages = "2774--2801" -} - -@article{davis07, - author = "Davis, Morris A. and Heathcote, Jonathan", - title = "{The Price and Quantity of Residential Land in the United States}", - year = "2007", - journal = "Journal of Monetary Economics", - volume = "54", - pages = "2595--2620" -} - -@article{davis08, - author = "Davis, Morris A. and Palumbo, Michael G.", - title = "{The Price of Residential Land in Large US Cities}", - year = "2008", - journal = "Journal of Urban Economics", - volume = "63", - pages = "352--384" -} - -@article{davis08b, - author = "Davis, Morris A. and Lehnert, Andreas and Martin, Robert F.", - title = "{The Rent-Price Ratio for the Aggregate Stock of Owner-Occupied Housing}", - year = "2008", - journal = "Review of Income and Wealth", - volume = "54", - number = "2", - pages = "279--284" -} - -@article{novymarx09, - author = "Novy-Marx, Robert", - title = "{Hot and Cold Markets}", - year = "2009", - journal = "Real Estate Economics", - volume = "37", - number = "1", - pages = "1--22" -} - -@article{piazzesi09, - author = "Piazzesi, Monika and Schneider, Martin", - title = "{Momentum Traders in the Housing Market: Survey Evidence and a Search Model}", - year = "2009", - journal = "American Economic Review: Papers \& Proceedings", - volume = "99", - number = "2", - pages = "406--411" -} - -@article{krainer10, - author = "Krainer, John and Spiegel, Mark M. and Yamori, Nobuyoshi", - title = "{Asset Price Persistence and Real Estate Market Illiquidity: Evidence from Japanese Land Values}", - year = "2010", - journal = "Real Estate Economics", - volume = "38", - number = "2", - pages = "171--196" -} - -@article{pennington10, - author = "Pennington-Cross, Anthony", - title = "{The Duration of Foreclosures in the Subprime Mortgage Market: A Competing Risks Model with Mixing}", - year = "2010", - journal = "Journal of Real Estate Financial Economics", - volume = "40", - pages = "109--129" -} - -@incollection{bernanke2000, - author = "Ben Bernanke", - title = "{Japan's Slump: A Case of Self-Induced Paralysis?}", - editor = "Posen, Adam and Mikitani, Ryoichi", - publisher = "Institute for International Economics", - year = "2000", - booktitle = "Japan's Financial Crisis and Its Parallels to U.S.\ Experience" -} - -@unpublished{rios12, - author = "R\'{i}os-Rull, Jos\'{e}-V\'{i}ctor and S\'{a}nchez-Marcos, Virginia", - title = "{Aggregate Shocks and House Price Fluctuations}", - year = "2012", - note = "mimeo" -} - -@unpublished{bianchi15, - author = "Bianchi, Francesco and Melosi, Leonardo", - title = "{Escaping the Great Recession}", - year = "2015", - note = "Working Paper" -} - -@unpublished{hintermaier11, - author = "Hintermaier, Thomas and Koeniger, Winfried", - title = "{Debt Portfolios}", - year = "2011", - note = "Working Paper" -} - -@unpublished{wolff14, - author = "Edward N. Wolff", - title = "{Household Wealth Trends in the United States, 1962 - 2013: What Happened over the Great Recession?}", - year = "2014", - note = "NBER Working Paper 20733" -} - -@article{leamer07, - author = "Leamer, Edward E.", - title = "{Housing \emph{is} the Business Cycle}", - year = "2007", - journal = "Proceedings, Federal Reserve Bank of Kansas City", - pages = "149--233" -} - -@article{merlo04, - author = "Merlo, Antonio and Ortalo-Magn\'{e}, Fran\c{c}ois", - title = "{Bargaining Over Residential Real Estate: Evidence From England}", - year = "2004", - journal = "Journal of Urban Economics", - volume = "56", - pages = "192--216" -} - -@article{merlo13, - author = "Merlo, Antonio and Ortalo-Magn\'{e}, Fran\c{c}ois and Rust, John", - title = "{The Home Selling Problem: Theory and Evidence}", - year = "2015", - journal = "International Economic Review", - volume = "56", - issue = "2", - pages = "457--484" -} - -@article{caplin11, - author = "Caplin, Andrew and Leahy, John", - title = "{Trading Frictions and House Price Dynamics}", - year = "2011", - journal = "Journal of Money, Credit, and Banking", - volume = "43", - pages = "283--303" -} - -@article{campbell11, - author = "Campbell, John Y. and Giglio, Stefano and Pathak, Parag", - title = "{Forced Sales and House Prices}", - year = "2011", - month = "Aug.", - journal = "American Economic Review", - volume = "101", - number = "5", - pages = "2108--2131" -} - -@unpublished{garriga09, - author = "Garriga, Carlos and Schlagenhauf, Don E.", - title = "{Home Equity, Foreclosures, and Bail-outs}", - year = "2009", - month = "Jan.", - note = "Working Paper" -} - -@article{ngai09, - author = "Ngai, L. Rachel and Tenreyro, Silvana", - title = "{Hot and Cold Seasons in the Housing Market}", - year = "2014", - journal = "American Economic Review", - volume = "104", - number = "12", - pages = "3991--4026" -} - -@unpublished{ngai15, - author = "Ngai, L. Rachel and Sheedy, Kevin D.", - title = "{The Ins and Outs of Selling Houses}", - year = "2015", - note = "Working Paper" -} - -@unpublished{wheaton09, - author = "Wheaton, William C. and Lee, Nai Jia", - title = "{The Co-movement of Housing Sales and Housing Prices: Empirics and Theory}", - year = "2009", - month = "Feb.", - note = "Working Paper" -} - -@article{arellano12, - author = "Arellano, Cristina and Ramanarayanan, Ananth", - title = "{Default and the Maturity Structure in Sovereign Bonds}", - year = "2012", - month = "Aug.", - journal = "Journal of Political Economy", - volume = "120", - number = "2", - pages = "187--232" -} - -@article{arellano16, - author = "Arellano, Manuel and Blundell, Richard and Bonhomme, St\'{e}phane", - title = "{Earnings and Consumption Dynamics: A Nonlinear Panel Data Framework}", - year = "2017", - month = "May", - journal = "Econometrica", - volume = "85", - number = "3", - pages = "693--734" -} - -@article{chatterjee12, - author = "Chatterjee, Satyajit and Eyigungor, Burcu", - title = "{Maturity, Indebtedness, and Default Risk}", - year = "2012", - journal = "American Economic Review", - volume = "102", - number = "6", - pages = "2674--2699" -} - -@unpublished{chetty10, - author = "Chetty, Raj and Szeidl, Adam", - title = "{The Effect of Housing on Portfolio Choice}", - year = "2010", - month = "May", - note = "Working Paper" -} - -@unpublished{kahn09, - author = "Kahn, James A.", - title = "{What Drives Housing Prices?}", - year = "2009", - month = "June", - note = "Working Paper" -} - -@article{albrecht12, - author = "Albrecht, James and Gautier, Pieter A. and Vroman, Susan", - title = "{Directed Search in the Housing Market}", - year = "2016", - journal = "Review of Economic Dynamics", - volume = "19", - pages = "218 -- 231" -} - -@article{mian14, - author = "Mian, Atif and Sufi, Amir and Trebbi, Francesco", - title = "{Foreclosures, House Prices, and the Real Economy}", - year = "2015", - journal = "Journal of Finance", - volume = "70", - number = "6", - pages = "2587--2634" -} - -@article{miansufi11, - author = "Mian, Atif and Sufi, Amir", - title = "{House Prices, Home Equity-Based Borrowing, and the US Household Leverage Crisis}", - year = "2011", - journal = "American Economic Review", - volume = "101", - number = "5", - pages = "2132--2156" -} - -@unpublished{nagaraja10, - author = "Nagaraja, Chaitra H. and Brown, Lawrence D. and Wachter, Susan M.", - title = "{House Price Index Methodology}", - year = "2010", - month = "June", - note = "Working Paper" -} - -@article{diaz12, - author = "D\'{i}az, Antonia and Jerez, B\'{e}len", - title = "{House Prices, Sales, and Time on the Market: A Search-Theoretic Framework}", - year = "2013", - journal = "International Economic Review", - volume = "54", - number = "3", - pages = "837--872" -} - -@article{iacoviello13, - author = "Iacoviello, Matteo and Pavan, Marina", - title = "{Housing and Debt Over the Life Cycle and Over the Business Cycle}", - year = "2013", - journal = "Journal of Monetary Economics", - volume = "60", - number = "2", - pages = "221--238" -} - -@article{iacoviello05, - author = "Iacoviello, Matteo", - title = "{House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle}", - year = "2005", - journal = "American Economic Review", - volume = "95", - number = "3", - pages = "739--764" -} - -@article{carroll11, - author = "Carroll, Christopher D. and Otsuka, Misuzu and Slacalek, Jiri", - title = "{How Large Are Housing and Financial Wealth Effects? A New Approach}", - year = "2011", - journal = "Journal of Money, Credit, and Banking", - volume = "43", - number = "1", - pages = "55--79" -} - -@article{garriga12, - author = "Garriga, Carlos and Manuelli, Rody and Peralta-Alva, Adrian", - title = "{A Macroeconomic Model of Price Swings in the Housing Market}", - journal = "American Economic Review", - year = "2019", - month = "Forthcoming" -} - -@unpublished{garriga16, - author = "Boldrin, Michele and Garriga, Carlos and Peralta-Alva, Adrian and Sanchez, Juan M.", - title = "{Reconstructing the Great Recession}", - year = "2016", - note = "Working Paper" -} - -@unpublished{glaesar12, - author = "Glaesar, Edward L. and Gyourko, Joseph and Morales, Eduardo and Nathanson, Charles", - title = "{Housing Dynamics}", - year = "2012", - month = "Jan.", - note = "Working Paper" -} - -@unpublished{genesove10, - author = "Genesove, David and Han, Lu", - title = "{Search and Matching in the Housing Market}", - year = "2010", - month = "Mar.", - note = "Working Paper" -} - -@article{kiyotaki11, - author = "Kiyotaki, Nobuhiro and Michaelides, Alexander and Nikolov, Kalin", - title = "{Winners and Losers in Housing Markets}", - year = "2011", - month = "Mar.", - journal = "Journal of Money, Credit, and Banking", - volume = "43", - number = "2--3", - pages = "255--296" -} - -@article{head12, - author = "Head, Allen and Lloyd-Ellis, Huw and Sun, Hongfei", - title = "{Search, Liquidity, and the Dynamics of House Prices and Construction}", - year = "2014", - journal = "American Economic Review", - volume = "104", - number = "4", - pages = "1172--1210" -} - -@unpublished{magnus11, - author = "Magnus, Gideon", - title = "{The Dynamics of Prices, Liquidity, and Vacancies in the Housing Market}", - year = "2011", - month = "Mar.", - note = "Working Paper" -} - -@article{favilukis13, - author = "Favilukis, Jack and Ludvigson, Sydney C. and Van Nieuwerburgh, Stijn", - title = "{The Macroeconomic Effects of Housing Wealth, Housing Finance, and Limited Risk-Sharing in General Equilibrium}", - year = "2017", - journal = "Journal of Political Economy", - volume = "125", - number = "1", - pages = "140--223" -} - -@article{davis15, - author = "Davis, Morris and Van Nieuwerburgh, Stijn", - title = "{Housing, Finance and the Macroeconomy}", - year = "2015", - journal = "Handbook of Regional and Urban Economics, Volume 5", - pages = "753--811" -} - -@article{burnside13, - author = "Burnside, Craig and Eichenbaum, Martin and Rebelo, Sergio", - title = "{Understanding Booms and Busts in Housing Markets}", - year = "2017", - journal = "Journal of Political Economy", - volume = "124", - number = "4", - pages = "1088--1147" -} - -@article{lagos09, - author = "Lagos, Ricardo and Rocheteau, Guillaume", - title = "{Liquidity in Asset Markets with Search Frictions}", - year = "2009", - month = "Mar.", - journal = "Econometrica", - volume = "77", - number = "2", - pages = "403--426" -} - -@article{krusell10, - author = "Krusell, Per and Mukoyama, Toshihiko, and Sahin, Aysegul", - title = "{Labor-Market Matching with Precautionary Savings and Aggregate Fluctuations}", - year = "2010", - journal = "The Review of Economic Studies", - volume = "77", - number = "4", - pages = "1477--1507" -} - -@article{bils11, - author = "Bils, Mark and Chang, Yongsung and Kim, Sun-Bin", - title = "{Worker Heterogeneity and Endogenous Separations in a Matching Model of Unemployment}", - year = "2011", - month = "Jan.", - journal = "American Economic Journal of Macroeconomics", - volume = "3", - number = "1", - pages = "128--154" -} - -@article{menzio10, - author = "Menzio, Guido and Shi, Shouyong", - title = "{Block Recursive Equilibria for Stochastic Models of Search on the Job}", - year = "2010", - month = "July", - journal = "Journal of Economic Theory", - volume = "145", - number = "4", - pages = "1453--1494" -} - -@article{flavin08, - author = "Flavin, Marjorie and Nakagawa, Shinobu", - title = "{A Model of Housing in the Presence of Adjustment Costs: A Structural Interpretation of Habit Persistence}", - year = "2008", - month = "Mar.", - journal = "American Economic Review", - volume = "98", - number = "1", - pages = "474--495" -} - -@article{hedlundDiscontents, - author = "Hedlund, Aaron", - title = "{Illiquidity and its Discontents: Trading Delays and Foreclosures in the Housing Market}", - year = "2016", - journal = "Journal of Monetary Economics", - volume = "83", - pages = "1--13" -} - -@article{hedlundCyclical, - author = "Hedlund, Aaron", - title = "{The Cyclical Dynamics of Illiquid Housing, Debt, and Foreclosures}", - year = "2016", - month = "Mar.", - journal = "Quantitative Economics", - volume = "7", - number = "1", - pages = "289--328" -} - -@article{hedlundgarriga19, - author = "Garriga, Carlos and Hedlund, Aaron", - title = "{Crises in the Housing Market: Causes, Consequences, and Policy Lessons}", - year = "2019", - journal = "Oxford Research Encyclopedia of Economics and Finance", - note = "Forthcoming" -} - -@unpublished{karahan13, - author = "Karahan, Fatih and Rhee, Serena", - title = "{Geographical Reallocation and Unemployment during the Great Recession: The Role of the Housing Bust}", - year = "2013", - month = "Mar.", - note = "Working Paper" -} - -@unpublished{salgadoetal17, - author = "Salgado, Sergio and Guvenen, Fatih and Bloom, Nicholas", - title = "{Skewed Business Cycles}", - year = "2017", - note = "Working Paper" -} - -@unpublished{mitman12, - author = "Mitman, Kurt", - title = "{Macroeconomic Effects of Bankruptcy and Foreclosure Policies}", - year = "2014", - month = "May", - note = "Working Paper" -} - -@article{sommer13, - author = "Sommer, Kamila and Sullivan, Paul and Verbrugge, Randal", - title = "{The Equilibrium Effect of Fundamentals on House Prices and Rents}", - year = "2013", - journal = "Journal of Monetary Economics", - volume = "60", - number = "7", - pages = "854--870" -} - -@article{jeske13, - author = "Jeske, Karsten and Krueger, Dirk and Mitman, Kurt", - title = "{Housing, Mortgage Bailout Guarantees and the Macro Economy}", - year = "2013", - journal = "Journal of Monetary Economics", - volume = "60", - number = "8", - pages = "917--935" -} - -@article{chatterjee07, - author = "Chatterjee, Satyajit and Corbae, Dean and Nakajima, Makoto and R\'{i}os-Rull, Jos\'{e}-V\'{i}ctor", - title = "{A Quantitative Theory of Unsecured Consumer Credit with Risk of Default}", - year = "2007", - month = "Nov.", - journal = "Econometrica", - volume = "75", - number = "6", - pages = "1525--1589" -} - -@article{corbae14, - author = "Corbae, Dean and Quintin, Erwan", - title = "{Leverage and the Foreclosure Crisis}", - year = "2015", - journal = "Journal of Political Economy", - volume = "123", - pages = "1--65" -} - -@article{krusell98, - author = "Krusell, Per and Smith, Anthony", - title = "{Income and Wealth Heterogeneity in the Macroeconomy}", - year = "1998", - month = "Oct.", - journal = "Journal of Political Economy", - volume = "106", - number = "5", - pages = "867--896" -} - -@unpublished{binsbergen10, - author = "van Binsbergen, Jules H. and Fern\'{a}ndez-Villaverde, J\'{e}sus and Koijen, Ralph S.J. and Rubio-Ram\'{i}rez, Juan F.", - title = "{The Term Structure of Interest Rates in a DSGE Model with Recursive Preferences}", - year = "2010", - note = "Working Paper" -} - -@unpublished{mckay15, - author = "McKay, Alisdair and Nakamura, Emi and Steinsson, J\'{o}n", - title = "{The Power of Forward Guidance Revisited}", - year = "2015", - note = "Working Paper" -} - -@article{storesletten04, - author = "Storesletten, Kjetil and Telmer, Chris I. and Yaron, Amir", - title = "{Cyclical Dynamics in Idiosyncratic Labor Market Risk}", - year = "2004", - month = "June", - journal = "Journal of Political Economy", - volume = "112", - number = "3", - pages = "695--717" -} - -@article{diaz10b, - author = "D\'{i}az, Antonia and Luengo-Prado, Mar\'{i}a-Jos\'{e}", - title = "{The Wealth Distribution with Durable Goods}", - year = "2010", - month = "Feb.", - journal = "International Economic Review", - volume = "51", - number = "1", - pages = "143--170" -} - -@unpublished{nakajima10, - author = "Nakajima, Makoto", - title = "{Optimal Capital Income Taxation with Housing}", - year = "2010", - note = "Working Paper" -} - -@unpublished{gruber03, - author = "Gruber, Joseph and Martin, Robert F.", - title = "{The Role of Durable Goods in the Distribution of Wealth: Does Housing Make Us Less Equal?}", - year = "2003", - note = "Working Paper" -} - -@article{dieleman00, - author = "Dieleman, Frans and Clark, William and Deurloo, Marinus", - title = "{The Geography of Residential Turnover in Twenty-Seven Large U.S. Metropolitan Housing Markets, 1985 - 1995}", - year = "2000", - journal = "Urban Studies", - volume = "37", - pages = "223--245" -} - -@article{hodrick97, - author = "Hodrick, Robert J. and Prescott, Edward C.", - title = "{Postwar U.S. Business Cycles: An Empirical Investigation}", - year = "1997", - month = "Feb.", - journal = "Journal of Money, Credit and Banking", - volume = "29", - number = "1", - pages = "1--16" -} - -@inproceedings{Rouwenhorst95, - author = "Rouwenhorst, K. Geert", - title = "{Asset Pricing Implications of Equilibrium Business Cycle Models}", - booktitle = "Frontiers of Business Cycle Research", - year = "1995", - editor = "Cooley, Thomas F.", - publisher = "Princeton University Press", - address = "Princeton, NJ", - pages = "294--330" -} - -@inproceedings{gordonhedlund19, - author = "Gordon, Grey and Hedlund, Aaron", - title = "{Accounting for the Rise in College Tuition}", - booktitle = "Education, Skills, and Technical Change: Implications for Future U.S.\ GDP Growth", - year = "2019", - editor = "Hulten, Charles and Ramey, Valerie", - publisher = "University of Chicago Press", - pages = "357--400" -} - -@unpublished{gordonhedlund19b, - author = "Gordon, Grey and Hedlund, Aaron", - title = "{Accounting for Tuition Increases across U.S. Colleges}", - year = "2019", - note = "Working Paper" -} - -@unpublished{case13, - author = "Case, Karl E. and Quigley, John and Shiller, Robert", - title = "{Wealth Effects Revisited: 1975 -- 2012}", - year = "2013", - note = "NBER Working Paper 18667" -} - -@article{mayer98, - author = "Mayer, Christopher J.", - title = "{Assessing the Performance of Real Estate Auctions}", - year = "1998", - journal = "Real Estate Economics", - volume = "26", - number = "1", - pages = "41--66" -} - -@article{chetty07, - author = "Chetty, Raj and Szeidl, Adam", - title = "{Consumption Commitments and Risk Preferences}", - year = "2007", - journal = "Quarterly Journal of Economics", - volume = "122", - number = "2", - pages = "831--877" -} - -@article{herkenhoff13, - author = "Herkenhoff, Kyle and Ohanian, Lee", - title = "{The Impact of Foreclosure Delay on U.S. Employment}", - year = "2019", - journal = "Review of Economic Dynamics", - month = "January", - pages = "63--83" -} - -@article{gerardi15, - author = "Gerardi, Kristopher and Herkenhoff, Kyle F. and Ohanian, Lee E. and Willen, Paul S.", - title = "{Can't Pay or Won't Pay? Unemployment, Negative Equity, and Strategic Default}", - year = "2018", - journal = "Review of Financial Studies", - volume = "31", - number = "3" -} - -@article{schelkle15, - author = "Schelkle, Thomas", - title = "{Mortgage Default during the U.S. Mortgage Crisis}", - year = "2018", - journal = "Journal of Money, Credit, and Banking", - volume = "50", - number = "6", - pages = "1101--1137" -} - -@unpublished{calem14, - author = "Calem, Paul and Jagtiani, Julapa and Lang, William W.", - title = "{Foreclosure Delay and Consumer Credit Performance}", - year = "2014", - note = "Working Paper" -} - -@article{Chu13, -author = "Yongqiang Chu", -title = "Credit Constraints, Inelastic Supply, and the Housing Boom ", -journal = "Review of Economic Dynamics ", -volume = "17", -number = "1", -pages = "52--69", -year = "2013", -} - -@article{casequigley08, - author = "Case, Karl E. and Quigley, John M.", - title = "{How Housing Booms Unwind: Income Effects, Wealth Effects, and Feedbacks through Financial Markets}", - year = "2008", - month = "June", - journal = "European Journal of Housing Policy", - volume = "8", - number = "2", - pages = "161--180" -} - -@article{piazzesi16, - author = "Piazzesi, Monika and Schneider, Martin", - title = "{Housing and Macroeconomics}", - year = "2016", - journal = "Handbook of Macroeconomics, Volume 2", - pages = "1547--1640" -} - -@unpublished{landvoigt11, - author = "Landvoigt, Tim and Piazzesi, Monika and Schneider, Martin", - title = "{The Housing Market(s) of San Diego}", - year = "2011", - note = "Working Paper" -} - -@article{fernald14, - author = "Fernald, John", - title = "{Productivity and Potential Output Before, During, and After the Great Recession}", - year = "2014", - journal = "NBER Macroeconomics Annual" -} - -@article{adelinoetal17, - author = "Adelino, Manuel and Schoar, Antoinette and Severino, Felipe", - title = "{Dynamics of Housing Debt in the Recent Boom and Great Recession}", - year = "2017", - journal = "NBER Macroeconomics Annual", - volume = "32" -} - -@article{fernald14b, - author = "Fernald, John", - title = "{The Pre-Great Recession Slowdown in Productivity}", - year = "2014", - journal = "European Economic Review", - month = "Forthcoming" -} - -@unpublished{piazzesi13, - author = "Piazzesi, Monika and Schneider, Martin and Stroebel, Johannes", - title = "{Segmented Housing Search}", - year = "2013", - note = "Working Paper" -} - -@unpublished{anenberg13, - author = "Anenberg, Elliot and Bayer, Patrick", - title = "{Endogenous Sources of Volatility in Housing Markets: The Joint Buyer-Seller Problem}", - year = "2013", - note = "Working Paper" -} - -@article{chengAER14, - author = "Cheng, Ing-Haw and Raina, Sahil and Xiong, Wei", - title = "{Wall Street and the Housing Bubble}", - year = "2014", - journal = "American Economic Review", - volume = "104", - number = "9", - pages = "2797--2829" -} - -@article{gerardiBPEA08, - author = "Gerardi, Kristopher and Lehnert, Andreas and Sherlund, Shane M. and Willen, Paul", - title = "{Making Sense of the Subprime Crisis}", - year = "2008", - month = "Fall", - journal = "Brookings Papers on Economic Activity", -} - -@unpublished{glaesergyourko08, - author = "Glaesar, Edward L. and Gyourko, Joseph", - title = "{Arbitrage in Housing Markets}", - year = "2007", - month = "Jan.", - note = "Working Paper" -} - -@unpublished{halket15, - author = "Halket, Jonathan and Nesheim, Lars and Oswald, Florian", - title = "{The Housing Stock, Housing Prices, and User Costs: The Roles of Location, Structure and Unobserved Quality}", - year = "2017", - note = "Working Paper" -} - -@unpublished{bachmann14, - author = "Bachmann, Rudiger and Cooper, Daniel", - title = "{The Ins and Arounds in the U.S. Housing Market}", - year = "2014", - note = "Working Paper" -} - -@article{miansufiECMA14, - author = "Mian, Atif and Sufi, Amir", - title = "{What Explains the 2007--2009 Drop in Employment?}", - year = "2014", - journal = "Econometrica", - volume = "82", - number = "6", - pages = "2197--2223" -} - -@article{juradoetal15, - author = "Jurado, Kyle and Ludvigson, Sydney C. and Ng, Serena", - title = "{Measuring Uncertainty}", - year = "2015", - journal = "American Economic Review", - volume = "105", - number = "3", - pages = "1177--1216" -} - -@article{bergeretal19, - author = "Berger, David and Dew-Becker, Ian and Giglio, Stefano", - title = "{Uncertainty Shocks as Second-Moment News Shocks}", - year = "2019", - journal = "Review of Economic Studies", - month = "Forthcoming" -} - -@article{bhutta16, - author = "Bhutta, Neil and Keys, Benjamin J.", - title = "{Interest Rates and Equity Extraction During the Housing Boom}", - year = "2016", - journal = "American Economic Review", - volume = "106", - number = "7", - pages = "1742--1774" -} - -@article{bhutta15, - author = "Bhutta, Neil", - title = "{The Ins and Outs of Mortgage Debt During the Housing Boom}", - year = "2015", - journal = "Journal of Monetary Economics", - volume = "76", - pages = "284--298" -} - -@article{kehoe12, - author = "Arellano, Cristina and Bai, Yan and Kehoe, Patrick", - title = "{Financial Frictions and Fluctuations in Volatility}", - year = "2019", - journal = "Journal of Political Economy", - month = "Forthcoming" -} - -@unpublished{coxludvigson18, - author = "Cox, Josue and Ludvigson, Sydney C.", - title = "{Drivers of the Great Housing Boom-Bust: Credit Conditions, Beliefs, or Both?}", - year = "2018", - month = "Nov.", - note = "Working Paper" -} - -@article{levitinwachter15, - author = "Levitin, Adam J. and Wachter, Susan M.", - title = "{Second Liens and the Leverage Option}", - year = "2015", - journal = "Vanderbilt Law Review", - volume = "68", - number = "5", - pages = "1243--1294" -} - -@unpublished{davisetal19, - author = "Davis, Morris A. and Larson, William D. and Oliner, Stephen D.", - title = "{Mortgage Risk Since 1990}", - year = "2019", - note = "Working Paper" -} - -@article{shoagveuger16, - author = "Shoag, Daniel and Veuger, Stan", - title = "{Uncertainty and the Geography of the Great Recession}", - year = "2016", - journal = "Journal of Monetary Economics", - volume = "84", - pages = "84--93" -} - -@unpublished{handleyli18, - author = "Handley, Kyle and Li, J. Frank", - title = "{Measuring the Effects of Firm Uncertainty on Economic Activity: New Evidence from One Million Documents}", - year = "2018", - note = "Working Paper" -} - -@unpublished{price19, - author = "Price, Fiona and Beckers, Benjamin and La Cava, Gianni", - title = "{The Effect of Mortgage Debt on Consumer Spending: Evidence from Household-Level Data}", - year = "2019", - note = "Working Paper" -} - -@article{kaplanetal14, - author = "Kaplan, Greg and Violante, Giovanni L. and Weidner, Justin", - title = "{The Wealthy Hand-to-Mouth}", - year = "2014", - month = "Spring", - journal = "Brookings Papers on Economic Activity" -} - -@article{gagnon11, - author = "Gagnon, Joseph and Raskin, Matthew and Remache, Julie and Sack, Brian", - title = "{The Financial Market Effects of the Federal Reserve's Large-Scale Asset Purchases}", - year = "2011", - journal = "International Journal of Central Banking", - volume = "7", - number = "1", - pages = "3--43" -} - -@article{bonis17, - author = "Bonis, Brian and Ihrig, Jane and Wei, Min", - title = "{The Effect of the Federal Reserve’s Securities Holdings on Longer-term Interest Rates}", - year = "2017", - journal = "FEDS Notes" -} - -@unpublished{hancock14, - author = "Hancock, Diana and Passmore, Wayne", - title = "{How the Federal Reserve’s Large-Scale Asset Purchases (LSAPs) Influence Mortgage-Backed Securities (MBS) Yields and U.S. Mortgage Rates}", - year = "2014", - note = "Working Paper" -} - -@unpublished{IG2014, - author = "FHFA Office of Inspector General", - title = "{Impact of the Federal Reserve's Quantitative Easing Programs on Fannie Mae and Freddie Mac}", - year = "2014", - note = "Evaluation Report" -} - -@article{kuttner18, - author = "Kuttner, Kenneth N.", - title = "{Outside the Box: Unconventional Monetary Policy in the Great Recession and Beyond}", - year = "2018", - journal = "Journal of Economic Perspectives", - volume = "32", - number = "4", - pages = "121--146" -} - -@article{chen12, - author = "Chen, Han and C\'{u}rdia, Vasco and Ferrero, Andrea", - title = "{The Macroeconomic Effects of Large‐scale Asset Purchase Programmes}", - year = "2012", - journal = "Economic Journal", - volume = "122", - number = "564", - pages = "F289--F315" -} - -@article{fieldhouse18, - author = "Fieldhouse, Andrew J. and Mertens, Karel and Ravn, Moren O.", - title = "{The Macroeconomic Effects of Government Asset Purchases: Evidence from Postwar U.S. Housing Credit Policy}", - year = "2018", - journal = "The Quarterly Journal of Economics", - volume = "133", - number = "3", - pages = "1503--1560" -} - -@article{hamilton18, - author = "Hamilton, James D.", - title = "{The Efficacy of Large-Scale Asset Purchases When the Short-Term Interest Rate is at its Effective Lower Bound}", - year = "2018", - month = "Fall", - journal = "Brookings Papers on Economic Activity", -} - -@article{gagnonsack18, - author = "Gagnon, Joseph E. and Sack, Brian", - title = "{QE: A User's Guide}", - year = "2018", - journal = "Peterson Institute for International Economics Policy Brief" -} - -@unpublished{glover19, - author = "Glover, Andrew and Heathcote, Jonathan and Krueger, Dirk and R\'{i}os-Rull, Jos\'{e}-V\'{i}ctor", - title = "{Intergenerational Redistribution in the Great Recession}", - year = "2019", - note = "Working Paper" -} -@article{ghMortgage, - title={Mortgage debt, consumption, and illiquid housing markets in the great recession}, - author={Garriga, Carlos and Hedlund, Aaron}, - journal={American Economic Review}, - volume={110}, - number={6}, - pages={1603--34}, - year={2020} -} - -@inproceedings{hkmsMonetary, - title={Monetary policy, heterogeneity, and the housing channel}, - author={Hedlund, Aaron and Karahan, Fatih and Mitman, Kurt and Ozkan, Serdar}, - booktitle={ASSA 2017 Meeting Papers}, - volume={1610}, - year={2017} -} -@article{ckConsumption, - title={Consumption Heterogeneity: Micro Drivers and Macro Implications}, - author={Crawley, Edmund and Kuchler, Andreas}, - journal={American Economic Journal: Macroeconomics}, - year={2022} -} - -@ARTICLE{Tanaka2013-bc, - title = "{Discrete approximations of continuous distributions by maximum - entropy}", - author = "Tanaka, Ken'ichiro and Toda, Alexis Akira", - abstract = "PDF | On Mar 1, 2013, Ken'ichiro Tanaka and others published - Discrete approximations of continuous distributions by maximum - entropy | Find, read and cite all the research you need on - ResearchGate", - journal = "Economics letters", - publisher = "Elsevier", - volume = 118, - number = 3, - pages = "445--450", - month = mar, - year = 2013, - url = "https://www.researchgate.net/publication/256994855_Discrete_approximations_of_continuous_distributions_by_maximum_entropy", - file = "All Papers/Other/Tanaka and Toda2013-Discrete approximations of continuous distributions by maximum entropy.pdf", - issn = "0165-1765", - doi = "10.1016/j.econlet.2012.12.020" -} - -@book{scarrollHowRich, - title={How rich is too rich?: income and wealth in America}, - author={Inhaber, Herbert and Carroll, Sidney L}, - year={1992}, - publisher={Praeger Pub Text} -} diff --git a/docs/NARK/texmf-local/bibtex/bst/abbrvnat.bst b/docs/NARK/texmf-local/bibtex/bst/abbrvnat.bst deleted file mode 100644 index 97299b3bb..000000000 --- a/docs/NARK/texmf-local/bibtex/bst/abbrvnat.bst +++ /dev/null @@ -1,1436 +0,0 @@ -%% File: `abbrvnat.bst' -%% A modification of `abbrv.bst' for use with natbib package -%% -%% Copyright 1993-2007 Patrick W Daly -%% Max-Planck-Institut f\"ur Sonnensystemforschung -%% Max-Planck-Str. 2 -%% D-37191 Katlenburg-Lindau -%% Germany -%% E-mail: daly@mps.mpg.de -%% -%% This program can be redistributed and/or modified under the terms -%% of the LaTeX Project Public License Distributed from CTAN -%% archives in directory macros/latex/base/lppl.txt; either -%% version 1 of the License, or any later version. -%% - % Version and source file information: - % \ProvidesFile{natbst.mbs}[2007/11/26 1.93 (PWD)] - % - % BibTeX `plainnat' family - % version 0.99b for BibTeX versions 0.99a or later, - % for LaTeX versions 2.09 and 2e. - % - % For use with the `natbib.sty' package; emulates the corresponding - % member of the `plain' family, but with author-year citations. - % - % With version 6.0 of `natbib.sty', it may also be used for numerical - % citations, while retaining the commands \citeauthor, \citefullauthor, - % and \citeyear to print the corresponding information. - % - % For version 7.0 of `natbib.sty', the KEY field replaces missing - % authors/editors, and the date is left blank in \bibitem. - % - % Includes field EID for the sequence/citation number of electronic journals - % which is used instead of page numbers. - % - % Includes fields ISBN and ISSN. - % - % Includes field URL for Internet addresses. - % - % Includes field DOI for Digital Object Idenfifiers. - % - % Works best with the url.sty package of Donald Arseneau. - % - % Works with identical authors and year are further sorted by - % citation key, to preserve any natural sequence. - % -ENTRY - { address - author - booktitle - chapter - doi - eid - edition - editor - howpublished - institution - isbn - issn - journal - key - month - note - number - organization - pages - publisher - school - series - title - type - url - volume - year - } - {} - { label extra.label sort.label short.list } - -INTEGERS { output.state before.all mid.sentence after.sentence after.block } - -FUNCTION {init.state.consts} -{ #0 'before.all := - #1 'mid.sentence := - #2 'after.sentence := - #3 'after.block := -} - -STRINGS { s t } - -FUNCTION {output.nonnull} -{ 's := - output.state mid.sentence = - { ", " * write$ } - { output.state after.block = - { add.period$ write$ - newline$ - "\newblock " write$ - } - { output.state before.all = - 'write$ - { add.period$ " " * write$ } - if$ - } - if$ - mid.sentence 'output.state := - } - if$ - s -} - -FUNCTION {output} -{ duplicate$ empty$ - 'pop$ - 'output.nonnull - if$ -} - -FUNCTION {output.check} -{ 't := - duplicate$ empty$ - { pop$ "empty " t * " in " * cite$ * warning$ } - 'output.nonnull - if$ -} - -FUNCTION {fin.entry} -{ add.period$ - write$ - newline$ -} - -FUNCTION {new.block} -{ output.state before.all = - 'skip$ - { after.block 'output.state := } - if$ -} - -FUNCTION {new.sentence} -{ output.state after.block = - 'skip$ - { output.state before.all = - 'skip$ - { after.sentence 'output.state := } - if$ - } - if$ -} - -FUNCTION {not} -{ { #0 } - { #1 } - if$ -} - -FUNCTION {and} -{ 'skip$ - { pop$ #0 } - if$ -} - -FUNCTION {or} -{ { pop$ #1 } - 'skip$ - if$ -} - -FUNCTION {new.block.checka} -{ empty$ - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.block.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.sentence.checka} -{ empty$ - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {new.sentence.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {field.or.null} -{ duplicate$ empty$ - { pop$ "" } - 'skip$ - if$ -} - -FUNCTION {emphasize} -{ duplicate$ empty$ - { pop$ "" } - { "\emph{" swap$ * "}" * } - if$ -} - -INTEGERS { nameptr namesleft numnames } - -FUNCTION {format.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr "{f.~}{vv~}{ll}{, jj}" format.name$ 't := - nameptr #1 > - { namesleft #1 > - { ", " * t * } - { numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {format.key} -{ empty$ - { key field.or.null } - { "" } - if$ -} - -FUNCTION {format.authors} -{ author empty$ - { "" } - { author format.names } - if$ -} - -FUNCTION {format.editors} -{ editor empty$ - { "" } - { editor format.names - editor num.names$ #1 > - { ", editors" * } - { ", editor" * } - if$ - } - if$ -} - -FUNCTION {format.isbn} -{ isbn empty$ - { "" } - { new.block "ISBN " isbn * } - if$ -} - -FUNCTION {format.issn} -{ issn empty$ - { "" } - { new.block "ISSN " issn * } - if$ -} - -FUNCTION {format.url} -{ url empty$ - { "" } - { new.block "URL \url{" url * "}" * } - if$ -} - -FUNCTION {format.doi} -{ doi empty$ - { "" } - { new.block "\doi{" doi * "}" * } - if$ -} - -FUNCTION {format.title} -{ title empty$ - { "" } - { title "t" change.case$ } - if$ -} - -FUNCTION {format.full.names} -{'s := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr - "{vv~}{ll}" format.name$ 't := - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {author.editor.full} -{ author empty$ - { editor empty$ - { "" } - { editor format.full.names } - if$ - } - { author format.full.names } - if$ -} - -FUNCTION {author.full} -{ author empty$ - { "" } - { author format.full.names } - if$ -} - -FUNCTION {editor.full} -{ editor empty$ - { "" } - { editor format.full.names } - if$ -} - -FUNCTION {make.full.names} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.full - { type$ "proceedings" = - 'editor.full - 'author.full - if$ - } - if$ -} - -FUNCTION {output.bibitem} -{ newline$ - "\bibitem[" write$ - label write$ - ")" make.full.names duplicate$ short.list = - { pop$ } - { * } - if$ - "]{" * write$ - cite$ write$ - "}" write$ - newline$ - "" - before.all 'output.state := -} - -FUNCTION {n.dashify} -{ 't := - "" - { t empty$ not } - { t #1 #1 substring$ "-" = - { t #1 #2 substring$ "--" = not - { "--" * - t #2 global.max$ substring$ 't := - } - { { t #1 #1 substring$ "-" = } - { "-" * - t #2 global.max$ substring$ 't := - } - while$ - } - if$ - } - { t #1 #1 substring$ * - t #2 global.max$ substring$ 't := - } - if$ - } - while$ -} - -FUNCTION {format.date} -{ year duplicate$ empty$ - { "empty year in " cite$ * warning$ - pop$ "" } - 'skip$ - if$ - month empty$ - 'skip$ - { month - " " * swap$ * - } - if$ - extra.label * -} - -FUNCTION {format.btitle} -{ title emphasize -} - -FUNCTION {tie.or.space.connect} -{ duplicate$ text.length$ #3 < - { "~" } - { " " } - if$ - swap$ * * -} - -FUNCTION {either.or.check} -{ empty$ - 'pop$ - { "can't use both " swap$ * " fields in " * cite$ * warning$ } - if$ -} - -FUNCTION {format.bvolume} -{ volume empty$ - { "" } - { "volume" volume tie.or.space.connect - series empty$ - 'skip$ - { " of " * series emphasize * } - if$ - "volume and number" number either.or.check - } - if$ -} - -FUNCTION {format.number.series} -{ volume empty$ - { number empty$ - { series field.or.null } - { output.state mid.sentence = - { "number" } - { "Number" } - if$ - number tie.or.space.connect - series empty$ - { "there's a number but no series in " cite$ * warning$ } - { " in " * series * } - if$ - } - if$ - } - { "" } - if$ -} - -FUNCTION {format.edition} -{ edition empty$ - { "" } - { output.state mid.sentence = - { edition "l" change.case$ " edition" * } - { edition "t" change.case$ " edition" * } - if$ - } - if$ -} - -INTEGERS { multiresult } - -FUNCTION {multi.page.check} -{ 't := - #0 'multiresult := - { multiresult not - t empty$ not - and - } - { t #1 #1 substring$ - duplicate$ "-" = - swap$ duplicate$ "," = - swap$ "+" = - or or - { #1 'multiresult := } - { t #2 global.max$ substring$ 't := } - if$ - } - while$ - multiresult -} - -FUNCTION {format.pages} -{ pages empty$ - { "" } - { pages multi.page.check - { "pages" pages n.dashify tie.or.space.connect } - { "page" pages tie.or.space.connect } - if$ - } - if$ -} - -FUNCTION {format.eid} -{ eid empty$ - { "" } - { "art." eid tie.or.space.connect } - if$ -} - -FUNCTION {format.vol.num.pages} -{ volume field.or.null - number empty$ - 'skip$ - { "\penalty0 (" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - pages empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.pages } - { ":\penalty0 " * pages n.dashify * } - if$ - } - if$ -} - -FUNCTION {format.vol.num.eid} -{ volume field.or.null - number empty$ - 'skip$ - { "\penalty0 (" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - eid empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.eid } - { ":\penalty0 " * eid * } - if$ - } - if$ -} - -FUNCTION {format.chapter.pages} -{ chapter empty$ - 'format.pages - { type empty$ - { "chapter" } - { type "l" change.case$ } - if$ - chapter tie.or.space.connect - pages empty$ - 'skip$ - { ", " * format.pages * } - if$ - } - if$ -} - -FUNCTION {format.in.ed.booktitle} -{ booktitle empty$ - { "" } - { editor empty$ - { "In " booktitle emphasize * } - { "In " format.editors * ", " * booktitle emphasize * } - if$ - } - if$ -} - -FUNCTION {empty.misc.check} -{ author empty$ title empty$ howpublished empty$ - month empty$ year empty$ note empty$ - and and and and and - key empty$ not and - { "all relevant fields are empty in " cite$ * warning$ } - 'skip$ - if$ -} - -FUNCTION {format.thesis.type} -{ type empty$ - 'skip$ - { pop$ - type "t" change.case$ - } - if$ -} - -FUNCTION {format.tr.number} -{ type empty$ - { "Technical Report" } - 'type - if$ - number empty$ - { "t" change.case$ } - { number tie.or.space.connect } - if$ -} - -FUNCTION {format.article.crossref} -{ key empty$ - { journal empty$ - { "need key or journal for " cite$ * " to crossref " * crossref * - warning$ - "" - } - { "In \emph{" journal * "}" * } - if$ - } - { "In " } - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {format.book.crossref} -{ volume empty$ - { "empty volume in " cite$ * "'s crossref of " * crossref * warning$ - "In " - } - { "Volume" volume tie.or.space.connect - " of " * - } - if$ - editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { series empty$ - { "need editor, key, or series for " cite$ * " to crossref " * - crossref * warning$ - "" * - } - { "\emph{" * series * "}" * } - if$ - } - 'skip$ - if$ - } - 'skip$ - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {format.incoll.inproc.crossref} -{ editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { booktitle empty$ - { "need editor, key, or booktitle for " cite$ * " to crossref " * - crossref * warning$ - "" - } - { "In \emph{" booktitle * "}" * } - if$ - } - { "In " } - if$ - } - { "In " } - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {article} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - crossref missing$ - { journal emphasize "journal" output.check - eid empty$ - { format.vol.num.pages output } - { format.vol.num.eid output } - if$ - format.date "year" output.check - } - { format.article.crossref output.nonnull - eid empty$ - { format.pages output } - { format.eid output } - if$ - } - if$ - format.issn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {book} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - new.block - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "year" output.check - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {booklet} -{ output.bibitem - format.authors output - author format.key output - new.block - format.title "title" output.check - howpublished address new.block.checkb - howpublished output - address output - format.date output - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {inbook} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - new.block - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - format.chapter.pages "chapter and pages" output.check - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { format.chapter.pages "chapter and pages" output.check - new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "year" output.check - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {incollection} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.chapter.pages output - new.sentence - publisher "publisher" output.check - address output - format.edition output - format.date "year" output.check - } - { format.incoll.inproc.crossref output.nonnull - format.chapter.pages output - } - if$ - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {inproceedings} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.pages output - address empty$ - { organization publisher new.sentence.checkb - organization output - publisher output - format.date "year" output.check - } - { address output.nonnull - format.date "year" output.check - new.sentence - organization output - publisher output - } - if$ - } - { format.incoll.inproc.crossref output.nonnull - format.pages output - } - if$ - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {conference} { inproceedings } - -FUNCTION {manual} -{ output.bibitem - format.authors output - author format.key output - new.block - format.btitle "title" output.check - organization address new.block.checkb - organization output - address output - format.edition output - format.date output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {mastersthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - "Master's thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "year" output.check - format.url output - new.block - note output - fin.entry -} - -FUNCTION {misc} -{ output.bibitem - format.authors output - author format.key output - title howpublished new.block.checkb - format.title output - howpublished new.block.checka - howpublished output - format.date output - format.issn output - format.url output - new.block - note output - fin.entry - empty.misc.check -} - -FUNCTION {phdthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.btitle "title" output.check - new.block - "PhD thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "year" output.check - format.url output - new.block - note output - fin.entry -} - -FUNCTION {proceedings} -{ output.bibitem - format.editors output - editor format.key output - new.block - format.btitle "title" output.check - format.bvolume output - format.number.series output - address output - format.date "year" output.check - new.sentence - organization output - publisher output - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {techreport} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - format.tr.number output.nonnull - institution "institution" output.check - address output - format.date "year" output.check - format.url output - new.block - note output - fin.entry -} - -FUNCTION {unpublished} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - note "note" output.check - format.date output - format.url output - fin.entry -} - -FUNCTION {default.type} { misc } - - -MACRO {jan} {"Jan."} - -MACRO {feb} {"Feb."} - -MACRO {mar} {"Mar."} - -MACRO {apr} {"Apr."} - -MACRO {may} {"May"} - -MACRO {jun} {"June"} - -MACRO {jul} {"July"} - -MACRO {aug} {"Aug."} - -MACRO {sep} {"Sept."} - -MACRO {oct} {"Oct."} - -MACRO {nov} {"Nov."} - -MACRO {dec} {"Dec."} - - - -MACRO {acmcs} {"ACM Comput. Surv."} - -MACRO {acta} {"Acta Inf."} - -MACRO {cacm} {"Commun. ACM"} - -MACRO {ibmjrd} {"IBM J. Res. Dev."} - -MACRO {ibmsj} {"IBM Syst.~J."} - -MACRO {ieeese} {"IEEE Trans. Softw. Eng."} - -MACRO {ieeetc} {"IEEE Trans. Comput."} - -MACRO {ieeetcad} - {"IEEE Trans. Comput.-Aided Design Integrated Circuits"} - -MACRO {ipl} {"Inf. Process. Lett."} - -MACRO {jacm} {"J.~ACM"} - -MACRO {jcss} {"J.~Comput. Syst. Sci."} - -MACRO {scp} {"Sci. Comput. Programming"} - -MACRO {sicomp} {"SIAM J. Comput."} - -MACRO {tocs} {"ACM Trans. Comput. Syst."} - -MACRO {tods} {"ACM Trans. Database Syst."} - -MACRO {tog} {"ACM Trans. Gr."} - -MACRO {toms} {"ACM Trans. Math. Softw."} - -MACRO {toois} {"ACM Trans. Office Inf. Syst."} - -MACRO {toplas} {"ACM Trans. Prog. Lang. Syst."} - -MACRO {tcs} {"Theoretical Comput. Sci."} - - -READ - -FUNCTION {sortify} -{ purify$ - "l" change.case$ -} - -INTEGERS { len } - -FUNCTION {chop.word} -{ 's := - 'len := - s #1 len substring$ = - { s len #1 + global.max$ substring$ } - 's - if$ -} - -FUNCTION {format.lab.names} -{ 's := - s #1 "{vv~}{ll}" format.name$ - s num.names$ duplicate$ - #2 > - { pop$ " et~al." * } - { #2 < - 'skip$ - { s #2 "{ff }{vv }{ll}{ jj}" format.name$ "others" = - { " et~al." * } - { " and " * s #2 "{vv~}{ll}" format.name$ * } - if$ - } - if$ - } - if$ -} - -FUNCTION {author.key.label} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.editor.key.label} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.key.organization.label} -{ author empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {editor.key.organization.label} -{ editor empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - 'key - if$ - } - { editor format.lab.names } - if$ -} - -FUNCTION {calc.short.authors} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.organization.label - { type$ "manual" = - 'author.key.organization.label - 'author.key.label - if$ - } - if$ - } - if$ - 'short.list := -} - -FUNCTION {calc.label} -{ calc.short.authors - short.list - "(" - * - year duplicate$ empty$ - short.list key field.or.null = or - { pop$ "" } - 'skip$ - if$ - * - 'label := -} - -FUNCTION {sort.format.names} -{ 's := - #1 'nameptr := - "" - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { - s nameptr "{vv{ } }{ll{ }}{ f{ }}{ jj{ }}" format.name$ 't := - nameptr #1 > - { - " " * - namesleft #1 = t "others" = and - { "zzzzz" * } - { numnames #2 > nameptr #2 = and - { "zz" * year field.or.null * " " * } - 'skip$ - if$ - t sortify * - } - if$ - } - { t sortify * } - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {sort.format.title} -{ 't := - "A " #2 - "An " #3 - "The " #4 t chop.word - chop.word - chop.word - sortify - #1 global.max$ substring$ -} - -FUNCTION {author.sort} -{ author empty$ - { key empty$ - { "to sort, need author or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.editor.sort} -{ author empty$ - { editor empty$ - { key empty$ - { "to sort, need author, editor, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.organization.sort} -{ author empty$ - { organization empty$ - { key empty$ - { "to sort, need author, organization, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { "The " #4 organization chop.word sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {editor.organization.sort} -{ editor empty$ - { organization empty$ - { key empty$ - { "to sort, need editor, organization, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { "The " #4 organization chop.word sortify } - if$ - } - { editor sort.format.names } - if$ -} - - -FUNCTION {presort} -{ calc.label - label sortify - " " - * - type$ "book" = - type$ "inbook" = - or - 'author.editor.sort - { type$ "proceedings" = - 'editor.organization.sort - { type$ "manual" = - 'author.organization.sort - 'author.sort - if$ - } - if$ - } - if$ - " " - * - year field.or.null sortify - * - " " - * - cite$ - * - #1 entry.max$ substring$ - 'sort.label := - sort.label * - #1 entry.max$ substring$ - 'sort.key$ := -} - -ITERATE {presort} - -SORT - -STRINGS { longest.label last.label next.extra } - -INTEGERS { longest.label.width last.extra.num number.label } - -FUNCTION {initialize.longest.label} -{ "" 'longest.label := - #0 int.to.chr$ 'last.label := - "" 'next.extra := - #0 'longest.label.width := - #0 'last.extra.num := - #0 'number.label := -} - -FUNCTION {forward.pass} -{ last.label label = - { last.extra.num #1 + 'last.extra.num := - last.extra.num int.to.chr$ 'extra.label := - } - { "a" chr.to.int$ 'last.extra.num := - "" 'extra.label := - label 'last.label := - } - if$ - number.label #1 + 'number.label := -} - -FUNCTION {reverse.pass} -{ next.extra "b" = - { "a" 'extra.label := } - 'skip$ - if$ - extra.label 'next.extra := - extra.label - duplicate$ empty$ - 'skip$ - { "{\natexlab{" swap$ * "}}" * } - if$ - 'extra.label := - label extra.label * 'label := -} - -EXECUTE {initialize.longest.label} - -ITERATE {forward.pass} - -REVERSE {reverse.pass} - -FUNCTION {bib.sort.order} -{ sort.label 'sort.key$ := -} - -ITERATE {bib.sort.order} - -SORT - -FUNCTION {begin.bib} -{ preamble$ empty$ - 'skip$ - { preamble$ write$ newline$ } - if$ - "\begin{thebibliography}{" number.label int.to.str$ * "}" * - write$ newline$ - "\providecommand{\natexlab}[1]{#1}" - write$ newline$ - "\providecommand{\url}[1]{\texttt{#1}}" - write$ newline$ - "\expandafter\ifx\csname urlstyle\endcsname\relax" - write$ newline$ - " \providecommand{\doi}[1]{doi: #1}\else" - write$ newline$ - " \providecommand{\doi}{doi: \begingroup \urlstyle{rm}\Url}\fi" - write$ newline$ -} - -EXECUTE {begin.bib} - -EXECUTE {init.state.consts} - -ITERATE {call.type$} - -FUNCTION {end.bib} -{ newline$ - "\end{thebibliography}" write$ newline$ -} - -EXECUTE {end.bib} diff --git a/docs/NARK/texmf-local/bibtex/bst/econtex.bst b/docs/NARK/texmf-local/bibtex/bst/econtex.bst deleted file mode 100644 index f4ccc4441..000000000 --- a/docs/NARK/texmf-local/bibtex/bst/econtex.bst +++ /dev/null @@ -1,1293 +0,0 @@ -%%% Modified from econometrica.bst by KCB (see documentation below) -%%% Modified by Christopher Carroll to print full names of authors when available rather than initials -%%% For use with harvard.sty and LaTeX2e (NFSS) or LaTeX 2.09 -%%% 24-aug-94 -%%% -%%% Based on makebst, but with modifications by -%%% kcb@hss.caltech.edu (KC Border) -%%% Please report any problems to me. -%%% -%%% The main changes from the ouput of makebst are: -%%% 1. Addition of a function to replace repeated authors with a 3 em dash. -%%% (Search for compare.names, this function is portable.) -%%% 2. Modification of output.nonnull to allow commas inside quotation marks -%%% and no comma after year. -%%% 3.Eliminated feature (bug?) of the harvard style of citation. -%%% It creates a short label for subsequent citations. This alleged -%%% feature shortens both Aliprantis, Border, and Luxemburg (1991) and -%%% Aliprantis, Brown, and Burkinshaw (1991) to Aliprantis et~al. (1991). -%%% This creates the need to label these as -%%% Aliprantis, Border, and Luxemburg (1991a) and -%%% Aliprantis, Brown, and Burkinshaw (1991b), despite the fact -%%% that these entries have different authors. I used my own format -%%% for creating the labels, and used the same label for -%%% both the short and long forms. I know that the -%%% _Chicago_Manual_of_Style recommends using Aliprantis et~al, -%% but Econometrica regularly writes out three authors, -%% and it is rare to cite an article with more than four authors in -%%% Econometrica. (I couldn't find an example of even four being cited, -%%% but I didn't spend a lot of time looking.) -%%% 4. Addition of macros to handle editions. (My own idiosycracy.) -%%% 5. A new entry type called issue for special issues of a journal. -%%% (Another idiosyncracy.) -%%% 6. Many details to conform to Econometrica's quirks. -%%% (Search for KCB ) -%%% 7. I wrote this for use with LaTeX2e and the NFSS2. However, I did -%%% add some macros so it will work with LaTeX 2.09. -%%% (Search for \ifx\undefined\emph ) -%%% The remainder of this file was generated by makebst, except for -%%% modifications marked with KCB. -%% -%% This is file `em.bst', generated -%% on <1994/8/17> with the docstrip utility (2.2h). -%% -%% The original source files were: -%% -%% genbst.mbs (with options: `ay,har,nm-rev1,nmft-sc,dt-beg,yr-par,tit-qq,atit-u,thtit-a,volp-com,edby,blk-com,pp,ed,abr,and-com,nfss') -%% ---------------------------------------- -%% *** Econometrica style *** -%% -%% (Here are the specifications of the source file) -%% \def\filename{genbst.mbs} -%% \def\filedate{1994 July 1} -%% \def\fileversion{1.3} -%% For use with BibTeX version 0.99a or later, LaTeX version 2.09 -%%------------------------------------------------------------------- -%% NOTICE: -%% This file may be used for non-profit purposes. -%% It may not be distributed in exchange for money, -%% other than distribution costs. -%% -%% The author provides it `as is' and does not guarantee it in any way. -%% -%% Copyright (C) 1994 Patrick W. Daly -%% Max-Planck-Institut f\"ur Aeronomie -%% Postfach 20 -%% D-37189 Katlenburg-Lindau -%% Germany -%% -%% E-mail: -%% SPAN-- nsp::linmpi::daly (note nsp also known as ecd1) -%% Internet-- daly@linmpi.dnet.gwdg.de -%%----------------------------------------------------------- -%% \CharacterTable -%% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z -%% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z -%% Digits \0\1\2\3\4\5\6\7\8\9 -%% Exclamation \! Double quote \" Hash (number) \# -%% Dollar \$ Percent \% Ampersand \& -%% Acute accent \' Left paren \( Right paren \) -%% Asterisk \* Plus \+ Comma \, -%% Minus \- Point \. Solidus \/ -%% Colon \: Semicolon \; Less than \< -%% Equals \= Greater than \> Question mark \? -%% Commercial at \@ Left bracket \[ Backslash \\ -%% Right bracket \] Circumflex \^ Underscore \_ -%% Grave accent \` Left brace \{ Vertical bar \| -%% Right brace \} Tilde \~} -%%--------------------------------------------------------------------- - % This is an author-year citation style bibliography. As such, it is - % non-standard LaTeX, and requires a style option to function properly. - % The appropriate style file is: harvard.sty - % The form of the bibitem entries is - % \harvarditem[Jones et al.]{Jones, Baker, and Smith}{1990}{key}... - % There are style changes that may be specified in the text with - % the command \citationstyle. - % \citeasnoun{key} ==>> Jones et al. (1990) - % \cite{key} ==>> (Jones et al. 1990) - % \cite[chap. 2]{key} ==>> (Jones et al. 1990, chap. 2) - % On the first citation of any work, the full author list is used. -%%--------------------------------------------------------------------- - -ENTRY - { address - author - booktitle - chapter - edition - editor - howpublished - institution - journal - key - month - note - number - organization - pages - publisher - school - series - title - type - volume - year - } - {} - { label extra.label sort.label } %%%KCB: removed long.label - -INTEGERS { output.state before.all mid.sentence after.sentence after.block } - -%%%KCB: new output state, no.comma -INTEGERS { no.comma} - -FUNCTION {init.state.consts} -{ #0 'before.all := - #1 'mid.sentence := - #2 'after.sentence := - #3 'after.block := - #4 'no.comma := %%%KCB -} - -STRINGS { s t } - - -%%%KCB: revise to use new output state -FUNCTION {output.nonnull} -{ 's := - output.state no.comma = %%%KCB: if in this state, write a space - { " " * write$ before.all 'output.state := } %%%KCB - { output.state mid.sentence = %%%KCB: add brace at beginning - { ", " * write$ } - { output.state after.block = - { add.period$ write$ - newline$ - "\newblock " write$ - } - { output.state before.all = - 'write$ - { add.period$ " " * write$ } - if$ - } - if$ - } - if$ - mid.sentence 'output.state := - } %%%KCB: matching brace - if$ %%%KCB: test for no.comma state - s -} - -FUNCTION {output} -{ duplicate$ empty$ - 'pop$ - 'output.nonnull - if$ -} - -FUNCTION {output.check} -{ 't := - duplicate$ empty$ - { pop$ "empty " t * " in " * cite$ * warning$ } - 'output.nonnull - if$ -} - -FUNCTION {output.bibitem} -{ newline$ - "\harvarditem[" write$ - label write$ - "]{" label * "}{" * write$ %%%KCB: replaced long.label with label - year duplicate$ empty$ - { pop$ "????" } - 'skip$ - if$ - extra.label * "}{" * write$ - cite$ write$ - "}" write$ - newline$ - "" - before.all 'output.state := -} - -FUNCTION {fin.entry} -{ add.period$ - write$ - newline$ -} - -FUNCTION {new.block} -{ output.state before.all = - 'skip$ - { after.block 'output.state := } - if$ -} - -FUNCTION {new.sentence} -{ output.state after.block = - 'skip$ - { output.state before.all = - 'skip$ - { after.sentence 'output.state := } - if$ - } - if$ -} - -FUNCTION {not} -{ { #0 } - { #1 } - if$ -} - -FUNCTION {and} -{ 'skip$ - { pop$ #0 } - if$ -} - -FUNCTION {or} -{ { pop$ #1 } - 'skip$ - if$ -} - -FUNCTION {new.block.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.block - if$ -} - -FUNCTION {field.or.null} -{ duplicate$ empty$ - { pop$ "" } - 'skip$ - if$ -} - -FUNCTION {emphasize} -{ duplicate$ empty$ - { pop$ "" } - { "\emph{" swap$ * "}" * } - if$ -} - -INTEGERS { nameptr namesleft numnames } - -%%%KCB: Here is a portable set of routines to check for repeated authors -%%% and replace them with a 3 em dash -%%% According to _Chicago_Manual_of_Style_, a dash is used to -%%% replace an author's name only if the entire list is the same, so: -%%% Compare names. See if prev.name is identical to CurrList. -%%% If not, then just output CurrList. -%%% If so, replace with \BySame -%%% I use a conservative matching scheme, -%%% and check to see if full names are identical, -%%% even though we only use initials. -%%% This may mean that you have to correct your .bib database -%%% to ensure consistency. -%%% -%%% sample usage: -%%% search for {format.author} - -INTEGERS {currNum prevNum} - -STRINGS {PrevList CurrList prev.name PrevTemp CurrTemp} - -%%%KCB: Initialize prev.name ot some nonsense string: - -FUNCTION {init.prev.name} -{ -"My puppy Harley" 'prev.name := -} - -%%%KCB: Must EXECUTE {init.prev.name} after READ - -%%%KCB: compare.names -FUNCTION {compare.names} -{ prev.name 'PrevList := - duplicate$ 'prev.name := % make current list the new previous list - 'CurrList := - PrevList num.names$ 'prevNum := - CurrList num.names$ 'currNum := -% - prevNum currNum = %% If prevNum = currNum - { "" 'PrevTemp := %% Then take this branch - "" 'CurrTemp := - #1 'nameptr := %%% start with first name in each list - { nameptr prevNum > not }%% while nameptr <= prevNum -%% Format both lists the same way. -%% Use full names: bib file might need to be corrected - { - PrevList nameptr "{ff }{vv~}{ll}{ jj}" format.name$ PrevTemp * 'PrevTemp := - CurrList nameptr "{ff }{vv~}{ll}{ jj}" format.name$ CurrTemp * 'CurrTemp := - nameptr #1 + 'nameptr := } - while$ -%% Now compare : - PrevTemp CurrTemp = %% If PrevTemp = CurrTemp - { "\BySame{}" } - { CurrList } - if$ - } - { CurrList } %% If not prevNum = currNum - if$ %% If prevNum = currNum -} - -%%% -%%% -%%%KCB: End of new routine. - - -FUNCTION {format.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { s nameptr "{ff~}{vv~}{ll}{, jj}" format.name$ 't := } - { s nameptr "{vv~}{ll}{, jj}{, ff}" format.name$ 't := } - if$ - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - ", " * - t "others" = - { " et~al." * } - { " {and} " * t * } %%%CDC: removed \small - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - - -FUNCTION {format.names.ed} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr - "{ff~}{vv~}{ll}{, jj}" - format.name$ 't := - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - ", " * - t "others" = - { " et~al." * } - { " {and} " * t * } %%%CDC: removed \small - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {format.key} -{ empty$ - { key field.or.null } - { "" } - if$ -} - -FUNCTION {format.authors} -{ author empty$ - { "" } - { "\textsc{" author compare.names format.names * "} " * } - if$ -} - -FUNCTION {format.editors} -{ editor empty$ - { "" } - { "\textsc{" editor compare.names format.names * " }" * - editor num.names$ #1 > - { " (eds.)" * } - { " (ed.)" * } - if$ - } - if$ -} - -FUNCTION {format.in.editors} -{ editor empty$ - { "" } - { editor format.names.ed - } - if$ -} - -FUNCTION {format.title} -{ title empty$ - { "" } - { title - "``" swap$ * ",'' " * - } -no.comma 'output.state := %%%KCB: - if$ -} - -FUNCTION {n.dashify} -{ 't := - "" - { t empty$ not } - { t #1 #1 substring$ "-" = - { t #1 #2 substring$ "--" = not - { "--" * - t #2 global.max$ substring$ 't := - } - { { t #1 #1 substring$ "-" = } - { "-" * - t #2 global.max$ substring$ 't := - } - while$ - } - if$ - } - { t #1 #1 substring$ * - t #2 global.max$ substring$ 't := - } - if$ - } - while$ -} - -FUNCTION {word.in} -{ "in " } - -FUNCTION {format.date} -{ year duplicate$ empty$ - { "empty year in " cite$ * "; set to ????" * warning$ - pop$ "????" } - 'skip$ - if$ - " (" swap$ * extra.label * "):" * %%%KCB: added : - before.all 'output.state := %%%KCB: -} - -FUNCTION {format.btitle} -{ title emphasize -no.comma 'output.state := %%%KCB: -} - -FUNCTION {tie.or.space.connect} -{ duplicate$ text.length$ #3 < - { "~" } - { " " } - if$ - swap$ * * -} - -FUNCTION {either.or.check} -{ empty$ - 'pop$ - { "can't use both " swap$ * " fields in " * cite$ * warning$ } - if$ -} - -FUNCTION {format.bvolume} -{ volume empty$ - { "" } - { "vol." volume tie.or.space.connect - series empty$ - 'skip$ - { " of " * series emphasize * } - if$ - "volume and number" number either.or.check - } - if$ -} - -FUNCTION {format.number.series} -{ volume empty$ - { number empty$ - { series field.or.null } - { output.state mid.sentence = - { "no." } - { "No." } - if$ - number tie.or.space.connect - series empty$ - { "there's a number but no series in " cite$ * warning$ } - { " in " * series * } - if$ - } - if$ - } - { "" } - if$ -} - -FUNCTION {format.edition} -{ edition empty$ - { "" } - { output.state mid.sentence = - { edition "l" change.case$ " edn." * } - { edition "t" change.case$ " edn." * } - if$ - } - if$ -} - -INTEGERS { multiresult } - -FUNCTION {multi.page.check} -{ 't := - #0 'multiresult := - { multiresult not - t empty$ not - and - } - { t #1 #1 substring$ - duplicate$ "-" = - swap$ duplicate$ "," = - swap$ "+" = - or or - { #1 'multiresult := } - { t #2 global.max$ substring$ 't := } - if$ - } - while$ - multiresult -} - -FUNCTION {format.pages} -{ pages empty$ - { "" } - { pages multi.page.check - { "pp." pages n.dashify tie.or.space.connect } - { "p." pages tie.or.space.connect } - if$ - } - if$ -} - -FUNCTION {format.vol.num.pages} -{ volume field.or.null - number empty$ - 'skip$ - { "(" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - pages empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.pages } - { ", " * pages n.dashify * } - if$ - } - if$ -} - -FUNCTION {format.chapter.pages} -{ chapter empty$ - 'format.pages - { type empty$ - { "chap." } - { type "l" change.case$ } - if$ - chapter tie.or.space.connect - pages empty$ - 'skip$ - { ", " * format.pages * } - if$ - } - if$ -} - -FUNCTION {format.in.ed.booktitle} -{ booktitle empty$ - { "" } - { editor empty$ - { word.in booktitle emphasize * } - { word.in booktitle emphasize * ", ed. by " * %%%KCB: abbrv ed. - format.in.editors * } - if$ - } - if$ -} - -FUNCTION {format.thesis.type} -{ type empty$ - 'skip$ - { pop$ - type "t" change.case$ - } - if$ -} - -FUNCTION {format.tr.number} -{ type empty$ - { "Discussion Paper" } %%%KCB: changed default - 'type - if$ - number empty$ - { "t" change.case$ } - { number tie.or.space.connect } - if$ -} - -FUNCTION {format.article.crossref} -{ - word.in - "\cite{" * crossref * "}" * -} - -FUNCTION {format.book.crossref} -{ volume empty$ - { "empty volume in " cite$ * "'s crossref of " * crossref * warning$ - word.in - } - { "vol." volume tie.or.space.connect - " of " * - } - if$ - "\cite{" * crossref * "}" * -} - -FUNCTION {format.incoll.inproc.crossref} -{ - word.in - "\cite{" * crossref * "}" * -} - -FUNCTION {article} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {book} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - format.date "year" output.check - format.btitle "title" output.check - mid.sentence 'output.state := %%%KCB: - crossref missing$ - { format.bvolume output - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { - format.book.crossref output.nonnull - } - if$ - format.edition output - note output - fin.entry -} - -FUNCTION {booklet} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.title "title" output.check - howpublished output - address output - note output - fin.entry -} - -FUNCTION {inbook} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - format.date "year" output.check - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - format.chapter.pages "chapter and pages" output.check - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { format.chapter.pages "chapter and pages" output.check - format.book.crossref output.nonnull - } - if$ - format.edition output - note output - fin.entry -} - -FUNCTION {incollection} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.chapter.pages output - new.sentence - publisher "publisher" output.check - address output - format.edition output - } - { format.incoll.inproc.crossref output.nonnull - format.chapter.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {inproceedings} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.pages output - address output - new.sentence - organization output - publisher output - } - { format.incoll.inproc.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {conference} { inproceedings } - -%%%KCB: special issue of a journal with a special editor - -FUNCTION {issue} -{ output.bibitem - format.editors output - editor format.key output - format.date "year" output.check - format.btitle "title" output.check - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {manual} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.btitle "title" output.check - organization output - address output - format.edition output - note output - fin.entry -} - -FUNCTION {mastersthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - "Master's thesis" format.thesis.type output.nonnull - school "school" output.check - address output - note output - fin.entry -} - -FUNCTION {misc} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.title output - howpublished output - note output - fin.entry -} - -FUNCTION {phdthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - "Ph.D. thesis" format.thesis.type output.nonnull - school "school" output.check - address output - note output - fin.entry -} - -FUNCTION {proceedings} -{ output.bibitem - format.editors output - editor format.key output - format.date "year" output.check - format.btitle "title" output.check - format.bvolume output - format.number.series output - address output - new.sentence - organization output - publisher output - note output - fin.entry -} - -FUNCTION {techreport} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - format.tr.number output.nonnull - institution "institution" output.check - address output - note output - fin.entry -} - -FUNCTION {unpublished} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - note "note" output.check - fin.entry -} - -FUNCTION {default.type} { misc } - -MACRO {jan} {"January"} - -MACRO {feb} {"February"} - -MACRO {mar} {"March"} - -MACRO {apr} {"April"} - -MACRO {may} {"May"} - -MACRO {jun} {"June"} - -MACRO {jul} {"July"} - -MACRO {aug} {"August"} - -MACRO {sep} {"September"} - -MACRO {oct} {"October"} - -MACRO {nov} {"November"} - -MACRO {dec} {"December"} - -%%%KCB: removed computer science journal macros -%%%KCB: added following macros for editions -MACRO {first} {"1st "} -MACRO {second} {"2d "} -MACRO {third} {"3d "} -MACRO {fourth} {"4th "} -MACRO {fifth} {"5th "} -MACRO {sixth} {"6th"} -MACRO {seventh} {"7th "} -MACRO {eighth} {"8th "} -MACRO {ninth} {"9th "} -MACRO {tenth} {"10th "} - -READ - -FUNCTION {sortify} -{ purify$ - "l" change.case$ -} - -INTEGERS { len } - -FUNCTION {chop.word} -{ 's := - 'len := - s #1 len substring$ = - { s len #1 + global.max$ substring$ } - 's - if$ -} - - -%%%KCB: Change format of labels: -FUNCTION {format.lab.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr "{vv~}{ll}" format.name$ 't := - nameptr #1 > - { namesleft #1 > - { ", " * t * } - { numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -%%%KCB: removed FUNCTION {format.long.lab.names} - -FUNCTION {author.key.label} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.editor.key.label} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {editor.key.label} -{ editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ -} - -%%%KCB: use entire year field as label - -FUNCTION {calc.label} -{ type$ "book" = - type$ "inbook" = - or - type$ "issue" = %%%KCB: need for new entry type - or %%%KCB - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.label - 'author.key.label - if$ - } - if$ - ", " - * - year field.or.null - * - 'label := -} - -FUNCTION {calc.short.label} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.label - 'author.key.label - if$ - } - if$ - 'label := -} - -%%%KCB: removed FUNCTION {calc.long.label} - -FUNCTION {sort.format.names} -{ 's := - #1 'nameptr := - "" - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { " " * } - 'skip$ - if$ - s nameptr - "{vv{ } }{ll{ }}{ f{ }}{ jj{ }}" - format.name$ 't := - nameptr numnames = t "others" = and - { "et al" * } - { t sortify * } - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {sort.format.title} -{ 't := - "A " #2 - "An " #3 - "The " #4 t chop.word - chop.word - chop.word - sortify - #1 global.max$ substring$ -} - -FUNCTION {author.sort} -{ author empty$ - { key empty$ - { "to sort, need author or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.editor.sort} -{ author empty$ - { editor empty$ - { key empty$ - { "to sort, need author, editor, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {editor.sort} -{ editor empty$ - { key empty$ - { "to sort, need editor or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ -} - -FUNCTION {presort} -{ calc.label - label sortify - " " - * - type$ "book" = - type$ "inbook" = - or - type$ "issue" = %%%KCB: need for new entry type - or %%%KCB - 'author.editor.sort - { type$ "proceedings" = - 'editor.sort - 'author.sort - if$ - } - if$ - #1 entry.max$ substring$ - 'sort.label := - sort.label - * - " " - * - title field.or.null - sort.format.title - * - #1 entry.max$ substring$ - 'sort.key$ := -} - -ITERATE {presort} - -SORT - -STRINGS { last.label next.extra } - -INTEGERS { last.extra.num } - -FUNCTION {initialize.extra.label.stuff} -{ #0 int.to.chr$ 'last.label := - "" 'next.extra := - #0 'last.extra.num := -} - -FUNCTION {forward.pass} -{ last.label label = - { last.extra.num #1 + 'last.extra.num := - last.extra.num int.to.chr$ 'extra.label := - } - { "a" chr.to.int$ 'last.extra.num := - "" 'extra.label := - label 'last.label := - } - if$ -} - -FUNCTION {reverse.pass} -{ next.extra "b" = - { "a" 'extra.label := } - 'skip$ - if$ - extra.label 'next.extra := -} - -EXECUTE {initialize.extra.label.stuff} - -EXECUTE {init.prev.name} %%%KCB: needed for replacing repeated authors - -ITERATE {forward.pass} - -REVERSE {reverse.pass} - -FUNCTION {bib.sort.order} -{ sort.label - " " - * - year field.or.null sortify - * - " " - * - title field.or.null - sort.format.title - * - #1 entry.max$ substring$ - 'sort.key$ := - calc.short.label -%%%KCB: removed calc.long.label -} - -ITERATE {bib.sort.order} - -SORT - -FUNCTION {begin.bib} -{ preamble$ empty$ - 'skip$ - { preamble$ write$ newline$ } - if$ -%%%KCB: add defn of \BySame, can be overridden in document -"\ifx\undefined\BySame" write$ newline$ - "\newcommand{\BySame}{\leavevmode\rule[.5ex]{3em}{.5pt}\ }" - write$ newline$ - "\fi" write$ newline$ -% %%% KCB: For those who still cling to LaTeX 2.09 -% "\ifx\undefined\textsc" write$ newline$ -% "\newcommand{\textsc}[1]{{\sc #1}}" -% write$ newline$ -% "\newcommand{\emph}[1]{{\em #1\/}}" -% write$ newline$ -% "\let\tmpsmall\small" write$ newline$ -% "\renewcommand{\small}{\tmpsmall\sc}" write$ newline$ -% "\fi" write$ newline$ -% %%% - "\begin{thebibliography}{}" write$ newline$ -} - -EXECUTE {begin.bib} - -EXECUTE {init.state.consts} - -ITERATE {call.type$} - -FUNCTION {end.bib} -{ newline$ - "\end{thebibliography}" write$ newline$ -"Done." top$ %%%KCB: Signal end for NeXTeX's TexView -} - -EXECUTE {end.bib} -%% End of customized bst file diff --git a/docs/NARK/texmf-local/bibtex/bst/handout.bst b/docs/NARK/texmf-local/bibtex/bst/handout.bst deleted file mode 100644 index d826b51ae..000000000 --- a/docs/NARK/texmf-local/bibtex/bst/handout.bst +++ /dev/null @@ -1,1294 +0,0 @@ -%%% BEJournals Bibliography Style -%%% Modified from econometrica.bst by KCB (see documentation below) -%%% Modified by Christopher Carroll to print full names of authors when available rather than initials -%%% For use with harvard.sty and LaTeX2e (NFSS) or LaTeX 2.09 -%%% 24-aug-94 -%%% -%%% Based on makebst, but with modifications by -%%% kcb@hss.caltech.edu (KC Border) -%%% Please report any problems to me. -%%% -%%% The main changes from the ouput of makebst are: -%%% 1. Addition of a function to replace repeated authors with a 3 em dash. -%%% (Search for compare.names, this function is portable.) -%%% 2. Modification of output.nonnull to allow commas inside quotation marks -%%% and no comma after year. -%%% 3.Eliminated feature (bug?) of the harvard style of citation. -%%% It creates a short label for subsequent citations. This alleged -%%% feature shortens both Aliprantis, Border, and Luxemburg (1991) and -%%% Aliprantis, Brown, and Burkinshaw (1991) to Aliprantis et~al. (1991). -%%% This creates the need to label these as -%%% Aliprantis, Border, and Luxemburg (1991a) and -%%% Aliprantis, Brown, and Burkinshaw (1991b), despite the fact -%%% that these entries have different authors. I used my own format -%%% for creating the labels, and used the same label for -%%% both the short and long forms. I know that the -%%% _Chicago_Manual_of_Style recommends using Aliprantis et~al, -%% but Econometrica regularly writes out three authors, -%% and it is rare to cite an article with more than four authors in -%%% Econometrica. (I couldn't find an example of even four being cited, -%%% but I didn't spend a lot of time looking.) -%%% 4. Addition of macros to handle editions. (My own idiosycracy.) -%%% 5. A new entry type called issue for special issues of a journal. -%%% (Another idiosyncracy.) -%%% 6. Many details to conform to Econometrica's quirks. -%%% (Search for KCB ) -%%% 7. I wrote this for use with LaTeX2e and the NFSS2. However, I did -%%% add some macros so it will work with LaTeX 2.09. -%%% (Search for \ifx\undefined\emph ) -%%% The remainder of this file was generated by makebst, except for -%%% modifications marked with KCB. -%% -%% This is file `em.bst', generated -%% on <1994/8/17> with the docstrip utility (2.2h). -%% -%% The original source files were: -%% -%% genbst.mbs (with options: `ay,har,nm-rev1,nmft-sc,dt-beg,yr-par,tit-qq,atit-u,thtit-a,volp-com,edby,blk-com,pp,ed,abr,and-com,nfss') -%% ---------------------------------------- -%% *** Econometrica style *** -%% -%% (Here are the specifications of the source file) -%% \def\filename{genbst.mbs} -%% \def\filedate{1994 July 1} -%% \def\fileversion{1.3} -%% For use with BibTeX version 0.99a or later, LaTeX version 2.09 -%%------------------------------------------------------------------- -%% NOTICE: -%% This file may be used for non-profit purposes. -%% It may not be distributed in exchange for money, -%% other than distribution costs. -%% -%% The author provides it `as is' and does not guarantee it in any way. -%% -%% Copyright (C) 1994 Patrick W. Daly -%% Max-Planck-Institut f\"ur Aeronomie -%% Postfach 20 -%% D-37189 Katlenburg-Lindau -%% Germany -%% -%% E-mail: -%% SPAN-- nsp::linmpi::daly (note nsp also known as ecd1) -%% Internet-- daly@linmpi.dnet.gwdg.de -%%----------------------------------------------------------- -%% \CharacterTable -%% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z -%% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z -%% Digits \0\1\2\3\4\5\6\7\8\9 -%% Exclamation \! Double quote \" Hash (number) \# -%% Dollar \$ Percent \% Ampersand \& -%% Acute accent \' Left paren \( Right paren \) -%% Asterisk \* Plus \+ Comma \, -%% Minus \- Point \. Solidus \/ -%% Colon \: Semicolon \; Less than \< -%% Equals \= Greater than \> Question mark \? -%% Commercial at \@ Left bracket \[ Backslash \\ -%% Right bracket \] Circumflex \^ Underscore \_ -%% Grave accent \` Left brace \{ Vertical bar \| -%% Right brace \} Tilde \~} -%%--------------------------------------------------------------------- - % This is an author-year citation style bibliography. As such, it is - % non-standard LaTeX, and requires a style option to function properly. - % The appropriate style file is: harvard.sty - % The form of the bibitem entries is - % \harvarditem[Jones et al.]{Jones, Baker, and Smith}{1990}{key}... - % There are style changes that may be specified in the text with - % the command \citationstyle. - % \citeasnoun{key} ==>> Jones et al. (1990) - % \cite{key} ==>> (Jones et al. 1990) - % \cite[chap. 2]{key} ==>> (Jones et al. 1990, chap. 2) - % On the first citation of any work, the full author list is used. -%%--------------------------------------------------------------------- - -ENTRY - { address - author - booktitle - chapter - edition - editor - howpublished - institution - journal - key - month - note - number - organization - pages - publisher - school - series - title - type - volume - year - } - {} - { label extra.label sort.label } %%%KCB: removed long.label - -INTEGERS { output.state before.all mid.sentence after.sentence after.block } - -%%%KCB: new output state, no.comma -INTEGERS { no.comma} - -FUNCTION {init.state.consts} -{ #0 'before.all := - #1 'mid.sentence := - #2 'after.sentence := - #3 'after.block := - #4 'no.comma := %%%KCB -} - -STRINGS { s t } - - -%%%KCB: revise to use new output state -FUNCTION {output.nonnull} -{ 's := - output.state no.comma = %%%KCB: if in this state, write a space - { " " * write$ before.all 'output.state := } %%%KCB - { output.state mid.sentence = %%%KCB: add brace at beginning - { ", " * write$ } - { output.state after.block = - { add.period$ write$ - newline$ - "\newblock " write$ - } - { output.state before.all = - 'write$ - { add.period$ " " * write$ } - if$ - } - if$ - } - if$ - mid.sentence 'output.state := - } %%%KCB: matching brace - if$ %%%KCB: test for no.comma state - s -} - -FUNCTION {output} -{ duplicate$ empty$ - 'pop$ - 'output.nonnull - if$ -} - -FUNCTION {output.check} -{ 't := - duplicate$ empty$ - { pop$ "empty " t * " in " * cite$ * warning$ } - 'output.nonnull - if$ -} - -FUNCTION {output.bibitem} -{ newline$ - "\harvarditem[" write$ - label write$ - "]{" label * "}{" * write$ %%%KCB: replaced long.label with label - year duplicate$ empty$ - { pop$ "????" } - 'skip$ - if$ - extra.label * "}{" * write$ - cite$ write$ - "}" write$ - newline$ - "" - before.all 'output.state := -} - -FUNCTION {fin.entry} -{ add.period$ - write$ - newline$ -} - -FUNCTION {new.block} -{ output.state before.all = - 'skip$ - { after.block 'output.state := } - if$ -} - -FUNCTION {new.sentence} -{ output.state after.block = - 'skip$ - { output.state before.all = - 'skip$ - { after.sentence 'output.state := } - if$ - } - if$ -} - -FUNCTION {not} -{ { #0 } - { #1 } - if$ -} - -FUNCTION {and} -{ 'skip$ - { pop$ #0 } - if$ -} - -FUNCTION {or} -{ { pop$ #1 } - 'skip$ - if$ -} - -FUNCTION {new.block.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.block - if$ -} - -FUNCTION {field.or.null} -{ duplicate$ empty$ - { pop$ "" } - 'skip$ - if$ -} - -FUNCTION {emphasize} -{ duplicate$ empty$ - { pop$ "" } - { "\emph{" swap$ * "}" * } - if$ -} - -INTEGERS { nameptr namesleft numnames } - -%%%KCB: Here is a portable set of routines to check for repeated authors -%%% and replace them with a 3 em dash -%%% According to _Chicago_Manual_of_Style_, a dash is used to -%%% replace an author's name only if the entire list is the same, so: -%%% Compare names. See if prev.name is identical to CurrList. -%%% If not, then just output CurrList. -%%% If so, replace with \BySame -%%% I use a conservative matching scheme, -%%% and check to see if full names are identical, -%%% even though we only use initials. -%%% This may mean that you have to correct your .bib database -%%% to ensure consistency. -%%% -%%% sample usage: -%%% search for {format.author} - -INTEGERS {currNum prevNum} - -STRINGS {PrevList CurrList prev.name PrevTemp CurrTemp} - -%%%KCB: Initialize prev.name ot some nonsense string: - -FUNCTION {init.prev.name} -{ -"My puppy Harley" 'prev.name := -} - -%%%KCB: Must EXECUTE {init.prev.name} after READ - -%%%KCB: compare.names -FUNCTION {compare.names} -{ prev.name 'PrevList := - duplicate$ 'prev.name := % make current list the new previous list - 'CurrList := - PrevList num.names$ 'prevNum := - CurrList num.names$ 'currNum := -% - prevNum currNum = %% If prevNum = currNum - { "" 'PrevTemp := %% Then take this branch - "" 'CurrTemp := - #1 'nameptr := %%% start with first name in each list - { nameptr prevNum > not }%% while nameptr <= prevNum -%% Format both lists the same way. -%% Use full names: bib file might need to be corrected - { - PrevList nameptr "{ff }{vv~}{ll}{ jj}" format.name$ PrevTemp * 'PrevTemp := - CurrList nameptr "{ff }{vv~}{ll}{ jj}" format.name$ CurrTemp * 'CurrTemp := - nameptr #1 + 'nameptr := } - while$ -%% Now compare : - PrevTemp CurrTemp = %% If PrevTemp = CurrTemp - { "\BySame{}" } - { CurrList } - if$ - } - { CurrList } %% If not prevNum = currNum - if$ %% If prevNum = currNum -} - -%%% -%%% -%%%KCB: End of new routine. - - -FUNCTION {format.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { s nameptr "{ff~}{vv~}{ll}{, jj}" format.name$ 't := } - { s nameptr "{vv~}{ll}{, jj}{, ff}" format.name$ 't := } - if$ - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - ", " * - t "others" = - { " et~al." * } - { " {and} " * t * } %%%CDC: removed \small - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - - -FUNCTION {format.names.ed} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr - "{ff~}{vv~}{ll}{, jj}" - format.name$ 't := - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - ", " * - t "others" = - { " et~al." * } - { " {and} " * t * } %%%CDC: removed \small - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {format.key} -{ empty$ - { key field.or.null } - { "" } - if$ -} - -FUNCTION {format.authors} -{ author empty$ - { "" } - { "\textsc{" author compare.names format.names * "} " * } - if$ -} - -FUNCTION {format.editors} -{ editor empty$ - { "" } - { "\textsc{" editor compare.names format.names * " }" * - editor num.names$ #1 > - { " (eds.)" * } - { " (ed.)" * } - if$ - } - if$ -} - -FUNCTION {format.in.editors} -{ editor empty$ - { "" } - { editor format.names.ed - } - if$ -} - -FUNCTION {format.title} -{ title empty$ - { "" } - { title - "``" swap$ * ",'' " * - } -no.comma 'output.state := %%%KCB: - if$ -} - -FUNCTION {n.dashify} -{ 't := - "" - { t empty$ not } - { t #1 #1 substring$ "-" = - { t #1 #2 substring$ "--" = not - { "--" * - t #2 global.max$ substring$ 't := - } - { { t #1 #1 substring$ "-" = } - { "-" * - t #2 global.max$ substring$ 't := - } - while$ - } - if$ - } - { t #1 #1 substring$ * - t #2 global.max$ substring$ 't := - } - if$ - } - while$ -} - -FUNCTION {word.in} -{ "in " } - -FUNCTION {format.date} -{ year duplicate$ empty$ - { "empty year in " cite$ * "; set to ????" * warning$ - pop$ "????" } - 'skip$ - if$ - " (" swap$ * extra.label * "):" * %%%KCB: added : - before.all 'output.state := %%%KCB: -} - -FUNCTION {format.btitle} -{ title emphasize -no.comma 'output.state := %%%KCB: -} - -FUNCTION {tie.or.space.connect} -{ duplicate$ text.length$ #3 < - { "~" } - { " " } - if$ - swap$ * * -} - -FUNCTION {either.or.check} -{ empty$ - 'pop$ - { "can't use both " swap$ * " fields in " * cite$ * warning$ } - if$ -} - -FUNCTION {format.bvolume} -{ volume empty$ - { "" } - { "vol." volume tie.or.space.connect - series empty$ - 'skip$ - { " of " * series emphasize * } - if$ - "volume and number" number either.or.check - } - if$ -} - -FUNCTION {format.number.series} -{ volume empty$ - { number empty$ - { series field.or.null } - { output.state mid.sentence = - { "no." } - { "No." } - if$ - number tie.or.space.connect - series empty$ - { "there's a number but no series in " cite$ * warning$ } - { " in " * series * } - if$ - } - if$ - } - { "" } - if$ -} - -FUNCTION {format.edition} -{ edition empty$ - { "" } - { output.state mid.sentence = - { edition "l" change.case$ " edn." * } - { edition "t" change.case$ " edn." * } - if$ - } - if$ -} - -INTEGERS { multiresult } - -FUNCTION {multi.page.check} -{ 't := - #0 'multiresult := - { multiresult not - t empty$ not - and - } - { t #1 #1 substring$ - duplicate$ "-" = - swap$ duplicate$ "," = - swap$ "+" = - or or - { #1 'multiresult := } - { t #2 global.max$ substring$ 't := } - if$ - } - while$ - multiresult -} - -FUNCTION {format.pages} -{ pages empty$ - { "" } - { pages multi.page.check - { "pp." pages n.dashify tie.or.space.connect } - { "p." pages tie.or.space.connect } - if$ - } - if$ -} - -FUNCTION {format.vol.num.pages} -{ volume field.or.null - number empty$ - 'skip$ - { "(" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - pages empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.pages } - { ", " * pages n.dashify * } - if$ - } - if$ -} - -FUNCTION {format.chapter.pages} -{ chapter empty$ - 'format.pages - { type empty$ - { "chap." } - { type "l" change.case$ } - if$ - chapter tie.or.space.connect - pages empty$ - 'skip$ - { ", " * format.pages * } - if$ - } - if$ -} - -FUNCTION {format.in.ed.booktitle} -{ booktitle empty$ - { "" } - { editor empty$ - { word.in booktitle emphasize * } - { word.in booktitle emphasize * ", ed. by " * %%%KCB: abbrv ed. - format.in.editors * } - if$ - } - if$ -} - -FUNCTION {format.thesis.type} -{ type empty$ - 'skip$ - { pop$ - type "t" change.case$ - } - if$ -} - -FUNCTION {format.tr.number} -{ type empty$ - { "Discussion Paper" } %%%KCB: changed default - 'type - if$ - number empty$ - { "t" change.case$ } - { number tie.or.space.connect } - if$ -} - -FUNCTION {format.article.crossref} -{ - word.in - "\cite{" * crossref * "}" * -} - -FUNCTION {format.book.crossref} -{ volume empty$ - { "empty volume in " cite$ * "'s crossref of " * crossref * warning$ - word.in - } - { "vol." volume tie.or.space.connect - " of " * - } - if$ - "\cite{" * crossref * "}" * -} - -FUNCTION {format.incoll.inproc.crossref} -{ - word.in - "\cite{" * crossref * "}" * -} - -FUNCTION {article} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {book} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - format.date "year" output.check - format.btitle "title" output.check - mid.sentence 'output.state := %%%KCB: - crossref missing$ - { format.bvolume output - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { - format.book.crossref output.nonnull - } - if$ - format.edition output - note output - fin.entry -} - -FUNCTION {booklet} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.title "title" output.check - howpublished output - address output - note output - fin.entry -} - -FUNCTION {inbook} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - format.date "year" output.check - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - format.chapter.pages "chapter and pages" output.check - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { format.chapter.pages "chapter and pages" output.check - format.book.crossref output.nonnull - } - if$ - format.edition output - note output - fin.entry -} - -FUNCTION {incollection} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.chapter.pages output - new.sentence - publisher "publisher" output.check - address output - format.edition output - } - { format.incoll.inproc.crossref output.nonnull - format.chapter.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {inproceedings} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.pages output - address output - new.sentence - organization output - publisher output - } - { format.incoll.inproc.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {conference} { inproceedings } - -%%%KCB: special issue of a journal with a special editor - -FUNCTION {issue} -{ output.bibitem - format.editors output - editor format.key output - format.date "year" output.check - format.btitle "title" output.check - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {manual} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.btitle "title" output.check - organization output - address output - format.edition output - note output - fin.entry -} - -FUNCTION {mastersthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - "Master's thesis" format.thesis.type output.nonnull - school "school" output.check - address output - note output - fin.entry -} - -FUNCTION {misc} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.title output - howpublished output - note output - fin.entry -} - -FUNCTION {phdthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - "Ph.D. thesis" format.thesis.type output.nonnull - school "school" output.check - address output - note output - fin.entry -} - -FUNCTION {proceedings} -{ output.bibitem - format.editors output - editor format.key output - format.date "year" output.check - format.btitle "title" output.check - format.bvolume output - format.number.series output - address output - new.sentence - organization output - publisher output - note output - fin.entry -} - -FUNCTION {techreport} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - format.tr.number output.nonnull - institution "institution" output.check - address output - note output - fin.entry -} - -FUNCTION {unpublished} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - note "note" output.check - fin.entry -} - -FUNCTION {default.type} { misc } - -MACRO {jan} {"January"} - -MACRO {feb} {"February"} - -MACRO {mar} {"March"} - -MACRO {apr} {"April"} - -MACRO {may} {"May"} - -MACRO {jun} {"June"} - -MACRO {jul} {"July"} - -MACRO {aug} {"August"} - -MACRO {sep} {"September"} - -MACRO {oct} {"October"} - -MACRO {nov} {"November"} - -MACRO {dec} {"December"} - -%%%KCB: removed computer science journal macros -%%%KCB: added following macros for editions -MACRO {first} {"1st "} -MACRO {second} {"2d "} -MACRO {third} {"3d "} -MACRO {fourth} {"4th "} -MACRO {fifth} {"5th "} -MACRO {sixth} {"6th"} -MACRO {seventh} {"7th "} -MACRO {eighth} {"8th "} -MACRO {ninth} {"9th "} -MACRO {tenth} {"10th "} - -READ - -FUNCTION {sortify} -{ purify$ - "l" change.case$ -} - -INTEGERS { len } - -FUNCTION {chop.word} -{ 's := - 'len := - s #1 len substring$ = - { s len #1 + global.max$ substring$ } - 's - if$ -} - - -%%%KCB: Change format of labels: -FUNCTION {format.lab.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr "{vv~}{ll}" format.name$ 't := - nameptr #1 > - { namesleft #1 > - { ", " * t * } - { numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -%%%KCB: removed FUNCTION {format.long.lab.names} - -FUNCTION {author.key.label} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.editor.key.label} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {editor.key.label} -{ editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ -} - -%%%KCB: use entire year field as label - -FUNCTION {calc.label} -{ type$ "book" = - type$ "inbook" = - or - type$ "issue" = %%%KCB: need for new entry type - or %%%KCB - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.label - 'author.key.label - if$ - } - if$ - ", " - * - year field.or.null - * - 'label := -} - -FUNCTION {calc.short.label} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.label - 'author.key.label - if$ - } - if$ - 'label := -} - -%%%KCB: removed FUNCTION {calc.long.label} - -FUNCTION {sort.format.names} -{ 's := - #1 'nameptr := - "" - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { " " * } - 'skip$ - if$ - s nameptr - "{vv{ } }{ll{ }}{ f{ }}{ jj{ }}" - format.name$ 't := - nameptr numnames = t "others" = and - { "et al" * } - { t sortify * } - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {sort.format.title} -{ 't := - "A " #2 - "An " #3 - "The " #4 t chop.word - chop.word - chop.word - sortify - #1 global.max$ substring$ -} - -FUNCTION {author.sort} -{ author empty$ - { key empty$ - { "to sort, need author or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.editor.sort} -{ author empty$ - { editor empty$ - { key empty$ - { "to sort, need author, editor, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {editor.sort} -{ editor empty$ - { key empty$ - { "to sort, need editor or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ -} - -FUNCTION {presort} -{ calc.label - label sortify - " " - * - type$ "book" = - type$ "inbook" = - or - type$ "issue" = %%%KCB: need for new entry type - or %%%KCB - 'author.editor.sort - { type$ "proceedings" = - 'editor.sort - 'author.sort - if$ - } - if$ - #1 entry.max$ substring$ - 'sort.label := - sort.label - * - " " - * - title field.or.null - sort.format.title - * - #1 entry.max$ substring$ - 'sort.key$ := -} - -ITERATE {presort} - -SORT - -STRINGS { last.label next.extra } - -INTEGERS { last.extra.num } - -FUNCTION {initialize.extra.label.stuff} -{ #0 int.to.chr$ 'last.label := - "" 'next.extra := - #0 'last.extra.num := -} - -FUNCTION {forward.pass} -{ last.label label = - { last.extra.num #1 + 'last.extra.num := - last.extra.num int.to.chr$ 'extra.label := - } - { "a" chr.to.int$ 'last.extra.num := - "" 'extra.label := - label 'last.label := - } - if$ -} - -FUNCTION {reverse.pass} -{ next.extra "b" = - { "a" 'extra.label := } - 'skip$ - if$ - extra.label 'next.extra := -} - -EXECUTE {initialize.extra.label.stuff} - -EXECUTE {init.prev.name} %%%KCB: needed for replacing repeated authors - -ITERATE {forward.pass} - -REVERSE {reverse.pass} - -FUNCTION {bib.sort.order} -{ sort.label - " " - * - year field.or.null sortify - * - " " - * - title field.or.null - sort.format.title - * - #1 entry.max$ substring$ - 'sort.key$ := - calc.short.label -%%%KCB: removed calc.long.label -} - -ITERATE {bib.sort.order} - -SORT - -FUNCTION {begin.bib} -{ preamble$ empty$ - 'skip$ - { preamble$ write$ newline$ } - if$ -%%%KCB: add defn of \BySame, can be overridden in document -"\ifx\undefined\BySame" write$ newline$ - "\newcommand{\BySame}{\leavevmode\rule[.5ex]{3em}{.5pt}\ }" - write$ newline$ - "\fi" write$ newline$ -%%% KCB: For those who still cling to LaTeX 2.09 -"\ifx\undefined\textsc" write$ newline$ - "\newcommand{\textsc}[1]{{\sc #1}}" - write$ newline$ - "\newcommand{\emph}[1]{{\em #1\/}}" - write$ newline$ -"\let\tmpsmall\small" write$ newline$ -"\renewcommand{\small}{\tmpsmall\sc}" write$ newline$ - "\fi" write$ newline$ -%%% - "\begin{thebibliography}{}" write$ newline$ -} - -EXECUTE {begin.bib} - -EXECUTE {init.state.consts} - -ITERATE {call.type$} - -FUNCTION {end.bib} -{ newline$ - "\end{thebibliography}" write$ newline$ -"Done." top$ %%%KCB: Signal end for NeXTeX's TexView -} - -EXECUTE {end.bib} -%% End of customized bst file diff --git a/docs/NARK/texmf-local/bibtex/bst/plainnat.bst b/docs/NARK/texmf-local/bibtex/bst/plainnat.bst deleted file mode 100644 index 45d6e2137..000000000 --- a/docs/NARK/texmf-local/bibtex/bst/plainnat.bst +++ /dev/null @@ -1,1436 +0,0 @@ -%% File: `plainnat.bst' -%% A modification of `plain.bst' for use with natbib package -%% -%% Copyright 1993-2007 Patrick W Daly -%% Max-Planck-Institut f\"ur Sonnensystemforschung -%% Max-Planck-Str. 2 -%% D-37191 Katlenburg-Lindau -%% Germany -%% E-mail: daly@mps.mpg.de -%% -%% This program can be redistributed and/or modified under the terms -%% of the LaTeX Project Public License Distributed from CTAN -%% archives in directory macros/latex/base/lppl.txt; either -%% version 1 of the License, or any later version. -%% - % Version and source file information: - % \ProvidesFile{natbst.mbs}[2007/11/26 1.93 (PWD)] - % - % BibTeX `plainnat' family - % version 0.99b for BibTeX versions 0.99a or later, - % for LaTeX versions 2.09 and 2e. - % - % For use with the `natbib.sty' package; emulates the corresponding - % member of the `plain' family, but with author-year citations. - % - % With version 6.0 of `natbib.sty', it may also be used for numerical - % citations, while retaining the commands \citeauthor, \citefullauthor, - % and \citeyear to print the corresponding information. - % - % For version 7.0 of `natbib.sty', the KEY field replaces missing - % authors/editors, and the date is left blank in \bibitem. - % - % Includes field EID for the sequence/citation number of electronic journals - % which is used instead of page numbers. - % - % Includes fields ISBN and ISSN. - % - % Includes field URL for Internet addresses. - % - % Includes field DOI for Digital Object Idenfifiers. - % - % Works best with the url.sty package of Donald Arseneau. - % - % Works with identical authors and year are further sorted by - % citation key, to preserve any natural sequence. - % -ENTRY - { address - author - booktitle - chapter - doi - eid - edition - editor - howpublished - institution - isbn - issn - journal - key - month - note - number - organization - pages - publisher - school - series - title - type - url - volume - year - } - {} - { label extra.label sort.label short.list } - -INTEGERS { output.state before.all mid.sentence after.sentence after.block } - -FUNCTION {init.state.consts} -{ #0 'before.all := - #1 'mid.sentence := - #2 'after.sentence := - #3 'after.block := -} - -STRINGS { s t } - -FUNCTION {output.nonnull} -{ 's := - output.state mid.sentence = - { ", " * write$ } - { output.state after.block = - { add.period$ write$ - newline$ - "\newblock " write$ - } - { output.state before.all = - 'write$ - { add.period$ " " * write$ } - if$ - } - if$ - mid.sentence 'output.state := - } - if$ - s -} - -FUNCTION {output} -{ duplicate$ empty$ - 'pop$ - 'output.nonnull - if$ -} - -FUNCTION {output.check} -{ 't := - duplicate$ empty$ - { pop$ "empty " t * " in " * cite$ * warning$ } - 'output.nonnull - if$ -} - -FUNCTION {fin.entry} -{ add.period$ - write$ - newline$ -} - -FUNCTION {new.block} -{ output.state before.all = - 'skip$ - { after.block 'output.state := } - if$ -} - -FUNCTION {new.sentence} -{ output.state after.block = - 'skip$ - { output.state before.all = - 'skip$ - { after.sentence 'output.state := } - if$ - } - if$ -} - -FUNCTION {not} -{ { #0 } - { #1 } - if$ -} - -FUNCTION {and} -{ 'skip$ - { pop$ #0 } - if$ -} - -FUNCTION {or} -{ { pop$ #1 } - 'skip$ - if$ -} - -FUNCTION {new.block.checka} -{ empty$ - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.block.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.sentence.checka} -{ empty$ - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {new.sentence.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {field.or.null} -{ duplicate$ empty$ - { pop$ "" } - 'skip$ - if$ -} - -FUNCTION {emphasize} -{ duplicate$ empty$ - { pop$ "" } - { "\emph{" swap$ * "}" * } - if$ -} - -INTEGERS { nameptr namesleft numnames } - -FUNCTION {format.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr "{ff~}{vv~}{ll}{, jj}" format.name$ 't := - nameptr #1 > - { namesleft #1 > - { ", " * t * } - { numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {format.key} -{ empty$ - { key field.or.null } - { "" } - if$ -} - -FUNCTION {format.authors} -{ author empty$ - { "" } - { author format.names } - if$ -} - -FUNCTION {format.editors} -{ editor empty$ - { "" } - { editor format.names - editor num.names$ #1 > - { ", editors" * } - { ", editor" * } - if$ - } - if$ -} - -FUNCTION {format.isbn} -{ isbn empty$ - { "" } - { new.block "ISBN " isbn * } - if$ -} - -FUNCTION {format.issn} -{ issn empty$ - { "" } - { new.block "ISSN " issn * } - if$ -} - -FUNCTION {format.url} -{ url empty$ - { "" } - { new.block "URL \url{" url * "}" * } - if$ -} - -FUNCTION {format.doi} -{ doi empty$ - { "" } - { new.block "\doi{" doi * "}" * } - if$ -} - -FUNCTION {format.title} -{ title empty$ - { "" } - { title "t" change.case$ } - if$ -} - -FUNCTION {format.full.names} -{'s := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr - "{vv~}{ll}" format.name$ 't := - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {author.editor.full} -{ author empty$ - { editor empty$ - { "" } - { editor format.full.names } - if$ - } - { author format.full.names } - if$ -} - -FUNCTION {author.full} -{ author empty$ - { "" } - { author format.full.names } - if$ -} - -FUNCTION {editor.full} -{ editor empty$ - { "" } - { editor format.full.names } - if$ -} - -FUNCTION {make.full.names} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.full - { type$ "proceedings" = - 'editor.full - 'author.full - if$ - } - if$ -} - -FUNCTION {output.bibitem} -{ newline$ - "\bibitem[" write$ - label write$ - ")" make.full.names duplicate$ short.list = - { pop$ } - { * } - if$ - "]{" * write$ - cite$ write$ - "}" write$ - newline$ - "" - before.all 'output.state := -} - -FUNCTION {n.dashify} -{ 't := - "" - { t empty$ not } - { t #1 #1 substring$ "-" = - { t #1 #2 substring$ "--" = not - { "--" * - t #2 global.max$ substring$ 't := - } - { { t #1 #1 substring$ "-" = } - { "-" * - t #2 global.max$ substring$ 't := - } - while$ - } - if$ - } - { t #1 #1 substring$ * - t #2 global.max$ substring$ 't := - } - if$ - } - while$ -} - -FUNCTION {format.date} -{ year duplicate$ empty$ - { "empty year in " cite$ * warning$ - pop$ "" } - 'skip$ - if$ - month empty$ - 'skip$ - { month - " " * swap$ * - } - if$ - extra.label * -} - -FUNCTION {format.btitle} -{ title emphasize -} - -FUNCTION {tie.or.space.connect} -{ duplicate$ text.length$ #3 < - { "~" } - { " " } - if$ - swap$ * * -} - -FUNCTION {either.or.check} -{ empty$ - 'pop$ - { "can't use both " swap$ * " fields in " * cite$ * warning$ } - if$ -} - -FUNCTION {format.bvolume} -{ volume empty$ - { "" } - { "volume" volume tie.or.space.connect - series empty$ - 'skip$ - { " of " * series emphasize * } - if$ - "volume and number" number either.or.check - } - if$ -} - -FUNCTION {format.number.series} -{ volume empty$ - { number empty$ - { series field.or.null } - { output.state mid.sentence = - { "number" } - { "Number" } - if$ - number tie.or.space.connect - series empty$ - { "there's a number but no series in " cite$ * warning$ } - { " in " * series * } - if$ - } - if$ - } - { "" } - if$ -} - -FUNCTION {format.edition} -{ edition empty$ - { "" } - { output.state mid.sentence = - { edition "l" change.case$ " edition" * } - { edition "t" change.case$ " edition" * } - if$ - } - if$ -} - -INTEGERS { multiresult } - -FUNCTION {multi.page.check} -{ 't := - #0 'multiresult := - { multiresult not - t empty$ not - and - } - { t #1 #1 substring$ - duplicate$ "-" = - swap$ duplicate$ "," = - swap$ "+" = - or or - { #1 'multiresult := } - { t #2 global.max$ substring$ 't := } - if$ - } - while$ - multiresult -} - -FUNCTION {format.pages} -{ pages empty$ - { "" } - { pages multi.page.check - { "pages" pages n.dashify tie.or.space.connect } - { "page" pages tie.or.space.connect } - if$ - } - if$ -} - -FUNCTION {format.eid} -{ eid empty$ - { "" } - { "art." eid tie.or.space.connect } - if$ -} - -FUNCTION {format.vol.num.pages} -{ volume field.or.null - number empty$ - 'skip$ - { "\penalty0 (" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - pages empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.pages } - { ":\penalty0 " * pages n.dashify * } - if$ - } - if$ -} - -FUNCTION {format.vol.num.eid} -{ volume field.or.null - number empty$ - 'skip$ - { "\penalty0 (" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - eid empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.eid } - { ":\penalty0 " * eid * } - if$ - } - if$ -} - -FUNCTION {format.chapter.pages} -{ chapter empty$ - 'format.pages - { type empty$ - { "chapter" } - { type "l" change.case$ } - if$ - chapter tie.or.space.connect - pages empty$ - 'skip$ - { ", " * format.pages * } - if$ - } - if$ -} - -FUNCTION {format.in.ed.booktitle} -{ booktitle empty$ - { "" } - { editor empty$ - { "In " booktitle emphasize * } - { "In " format.editors * ", " * booktitle emphasize * } - if$ - } - if$ -} - -FUNCTION {empty.misc.check} -{ author empty$ title empty$ howpublished empty$ - month empty$ year empty$ note empty$ - and and and and and - key empty$ not and - { "all relevant fields are empty in " cite$ * warning$ } - 'skip$ - if$ -} - -FUNCTION {format.thesis.type} -{ type empty$ - 'skip$ - { pop$ - type "t" change.case$ - } - if$ -} - -FUNCTION {format.tr.number} -{ type empty$ - { "Technical Report" } - 'type - if$ - number empty$ - { "t" change.case$ } - { number tie.or.space.connect } - if$ -} - -FUNCTION {format.article.crossref} -{ key empty$ - { journal empty$ - { "need key or journal for " cite$ * " to crossref " * crossref * - warning$ - "" - } - { "In \emph{" journal * "}" * } - if$ - } - { "In " } - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {format.book.crossref} -{ volume empty$ - { "empty volume in " cite$ * "'s crossref of " * crossref * warning$ - "In " - } - { "Volume" volume tie.or.space.connect - " of " * - } - if$ - editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { series empty$ - { "need editor, key, or series for " cite$ * " to crossref " * - crossref * warning$ - "" * - } - { "\emph{" * series * "}" * } - if$ - } - 'skip$ - if$ - } - 'skip$ - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {format.incoll.inproc.crossref} -{ editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { booktitle empty$ - { "need editor, key, or booktitle for " cite$ * " to crossref " * - crossref * warning$ - "" - } - { "In \emph{" booktitle * "}" * } - if$ - } - { "In " } - if$ - } - { "In " } - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {article} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - crossref missing$ - { journal emphasize "journal" output.check - eid empty$ - { format.vol.num.pages output } - { format.vol.num.eid output } - if$ - format.date "year" output.check - } - { format.article.crossref output.nonnull - eid empty$ - { format.pages output } - { format.eid output } - if$ - } - if$ - format.issn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {book} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - new.block - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "year" output.check - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {booklet} -{ output.bibitem - format.authors output - author format.key output - new.block - format.title "title" output.check - howpublished address new.block.checkb - howpublished output - address output - format.date output - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {inbook} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - new.block - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - format.chapter.pages "chapter and pages" output.check - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { format.chapter.pages "chapter and pages" output.check - new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "year" output.check - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {incollection} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.chapter.pages output - new.sentence - publisher "publisher" output.check - address output - format.edition output - format.date "year" output.check - } - { format.incoll.inproc.crossref output.nonnull - format.chapter.pages output - } - if$ - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {inproceedings} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.pages output - address empty$ - { organization publisher new.sentence.checkb - organization output - publisher output - format.date "year" output.check - } - { address output.nonnull - format.date "year" output.check - new.sentence - organization output - publisher output - } - if$ - } - { format.incoll.inproc.crossref output.nonnull - format.pages output - } - if$ - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {conference} { inproceedings } - -FUNCTION {manual} -{ output.bibitem - format.authors output - author format.key output - new.block - format.btitle "title" output.check - organization address new.block.checkb - organization output - address output - format.edition output - format.date output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {mastersthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - "Master's thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "year" output.check - format.url output - new.block - note output - fin.entry -} - -FUNCTION {misc} -{ output.bibitem - format.authors output - author format.key output - title howpublished new.block.checkb - format.title output - howpublished new.block.checka - howpublished output - format.date output - format.issn output - format.url output - new.block - note output - fin.entry - empty.misc.check -} - -FUNCTION {phdthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.btitle "title" output.check - new.block - "PhD thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "year" output.check - format.url output - new.block - note output - fin.entry -} - -FUNCTION {proceedings} -{ output.bibitem - format.editors output - editor format.key output - new.block - format.btitle "title" output.check - format.bvolume output - format.number.series output - address output - format.date "year" output.check - new.sentence - organization output - publisher output - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {techreport} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - format.tr.number output.nonnull - institution "institution" output.check - address output - format.date "year" output.check - format.url output - new.block - note output - fin.entry -} - -FUNCTION {unpublished} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - note "note" output.check - format.date output - format.url output - fin.entry -} - -FUNCTION {default.type} { misc } - - -MACRO {jan} {"January"} - -MACRO {feb} {"February"} - -MACRO {mar} {"March"} - -MACRO {apr} {"April"} - -MACRO {may} {"May"} - -MACRO {jun} {"June"} - -MACRO {jul} {"July"} - -MACRO {aug} {"August"} - -MACRO {sep} {"September"} - -MACRO {oct} {"October"} - -MACRO {nov} {"November"} - -MACRO {dec} {"December"} - - - -MACRO {acmcs} {"ACM Computing Surveys"} - -MACRO {acta} {"Acta Informatica"} - -MACRO {cacm} {"Communications of the ACM"} - -MACRO {ibmjrd} {"IBM Journal of Research and Development"} - -MACRO {ibmsj} {"IBM Systems Journal"} - -MACRO {ieeese} {"IEEE Transactions on Software Engineering"} - -MACRO {ieeetc} {"IEEE Transactions on Computers"} - -MACRO {ieeetcad} - {"IEEE Transactions on Computer-Aided Design of Integrated Circuits"} - -MACRO {ipl} {"Information Processing Letters"} - -MACRO {jacm} {"Journal of the ACM"} - -MACRO {jcss} {"Journal of Computer and System Sciences"} - -MACRO {scp} {"Science of Computer Programming"} - -MACRO {sicomp} {"SIAM Journal on Computing"} - -MACRO {tocs} {"ACM Transactions on Computer Systems"} - -MACRO {tods} {"ACM Transactions on Database Systems"} - -MACRO {tog} {"ACM Transactions on Graphics"} - -MACRO {toms} {"ACM Transactions on Mathematical Software"} - -MACRO {toois} {"ACM Transactions on Office Information Systems"} - -MACRO {toplas} {"ACM Transactions on Programming Languages and Systems"} - -MACRO {tcs} {"Theoretical Computer Science"} - - -READ - -FUNCTION {sortify} -{ purify$ - "l" change.case$ -} - -INTEGERS { len } - -FUNCTION {chop.word} -{ 's := - 'len := - s #1 len substring$ = - { s len #1 + global.max$ substring$ } - 's - if$ -} - -FUNCTION {format.lab.names} -{ 's := - s #1 "{vv~}{ll}" format.name$ - s num.names$ duplicate$ - #2 > - { pop$ " et~al." * } - { #2 < - 'skip$ - { s #2 "{ff }{vv }{ll}{ jj}" format.name$ "others" = - { " et~al." * } - { " and " * s #2 "{vv~}{ll}" format.name$ * } - if$ - } - if$ - } - if$ -} - -FUNCTION {author.key.label} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.editor.key.label} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.key.organization.label} -{ author empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {editor.key.organization.label} -{ editor empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - 'key - if$ - } - { editor format.lab.names } - if$ -} - -FUNCTION {calc.short.authors} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.organization.label - { type$ "manual" = - 'author.key.organization.label - 'author.key.label - if$ - } - if$ - } - if$ - 'short.list := -} - -FUNCTION {calc.label} -{ calc.short.authors - short.list - "(" - * - year duplicate$ empty$ - short.list key field.or.null = or - { pop$ "" } - 'skip$ - if$ - * - 'label := -} - -FUNCTION {sort.format.names} -{ 's := - #1 'nameptr := - "" - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { - s nameptr "{vv{ } }{ll{ }}{ ff{ }}{ jj{ }}" format.name$ 't := - nameptr #1 > - { - " " * - namesleft #1 = t "others" = and - { "zzzzz" * } - { numnames #2 > nameptr #2 = and - { "zz" * year field.or.null * " " * } - 'skip$ - if$ - t sortify * - } - if$ - } - { t sortify * } - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {sort.format.title} -{ 't := - "A " #2 - "An " #3 - "The " #4 t chop.word - chop.word - chop.word - sortify - #1 global.max$ substring$ -} - -FUNCTION {author.sort} -{ author empty$ - { key empty$ - { "to sort, need author or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.editor.sort} -{ author empty$ - { editor empty$ - { key empty$ - { "to sort, need author, editor, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.organization.sort} -{ author empty$ - { organization empty$ - { key empty$ - { "to sort, need author, organization, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { "The " #4 organization chop.word sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {editor.organization.sort} -{ editor empty$ - { organization empty$ - { key empty$ - { "to sort, need editor, organization, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { "The " #4 organization chop.word sortify } - if$ - } - { editor sort.format.names } - if$ -} - - -FUNCTION {presort} -{ calc.label - label sortify - " " - * - type$ "book" = - type$ "inbook" = - or - 'author.editor.sort - { type$ "proceedings" = - 'editor.organization.sort - { type$ "manual" = - 'author.organization.sort - 'author.sort - if$ - } - if$ - } - if$ - " " - * - year field.or.null sortify - * - " " - * - cite$ - * - #1 entry.max$ substring$ - 'sort.label := - sort.label * - #1 entry.max$ substring$ - 'sort.key$ := -} - -ITERATE {presort} - -SORT - -STRINGS { longest.label last.label next.extra } - -INTEGERS { longest.label.width last.extra.num number.label } - -FUNCTION {initialize.longest.label} -{ "" 'longest.label := - #0 int.to.chr$ 'last.label := - "" 'next.extra := - #0 'longest.label.width := - #0 'last.extra.num := - #0 'number.label := -} - -FUNCTION {forward.pass} -{ last.label label = - { last.extra.num #1 + 'last.extra.num := - last.extra.num int.to.chr$ 'extra.label := - } - { "a" chr.to.int$ 'last.extra.num := - "" 'extra.label := - label 'last.label := - } - if$ - number.label #1 + 'number.label := -} - -FUNCTION {reverse.pass} -{ next.extra "b" = - { "a" 'extra.label := } - 'skip$ - if$ - extra.label 'next.extra := - extra.label - duplicate$ empty$ - 'skip$ - { "{\natexlab{" swap$ * "}}" * } - if$ - 'extra.label := - label extra.label * 'label := -} - -EXECUTE {initialize.longest.label} - -ITERATE {forward.pass} - -REVERSE {reverse.pass} - -FUNCTION {bib.sort.order} -{ sort.label 'sort.key$ := -} - -ITERATE {bib.sort.order} - -SORT - -FUNCTION {begin.bib} -{ preamble$ empty$ - 'skip$ - { preamble$ write$ newline$ } - if$ - "\begin{thebibliography}{" number.label int.to.str$ * "}" * - write$ newline$ - "\providecommand{\natexlab}[1]{#1}" - write$ newline$ - "\providecommand{\url}[1]{\texttt{#1}}" - write$ newline$ - "\expandafter\ifx\csname urlstyle\endcsname\relax" - write$ newline$ - " \providecommand{\doi}[1]{doi: #1}\else" - write$ newline$ - " \providecommand{\doi}{doi: \begingroup \urlstyle{rm}\Url}\fi" - write$ newline$ -} - -EXECUTE {begin.bib} - -EXECUTE {init.state.consts} - -ITERATE {call.type$} - -FUNCTION {end.bib} -{ newline$ - "\end{thebibliography}" write$ newline$ -} - -EXECUTE {end.bib} diff --git a/docs/NARK/texmf-local/bibtex/bst/unsrtnat.bst b/docs/NARK/texmf-local/bibtex/bst/unsrtnat.bst deleted file mode 100644 index fe89cecf8..000000000 --- a/docs/NARK/texmf-local/bibtex/bst/unsrtnat.bst +++ /dev/null @@ -1,1322 +0,0 @@ -%% File: `unsrtnat.bst' -%% A modification of `unsrt.bst' for use with natbib package -%% -%% Copyright 1993-2007 Patrick W Daly -%% Max-Planck-Institut f\"ur Sonnensystemforschung -%% Max-Planck-Str. 2 -%% D-37191 Katlenburg-Lindau -%% Germany -%% E-mail: daly@mps.mpg.de -%% -%% This program can be redistributed and/or modified under the terms -%% of the LaTeX Project Public License Distributed from CTAN -%% archives in directory macros/latex/base/lppl.txt; either -%% version 1 of the License, or any later version. -%% - % Version and source file information: - % \ProvidesFile{natbst.mbs}[2007/11/26 1.93 (PWD)] - % - % BibTeX `plainnat' family - % version 0.99b for BibTeX versions 0.99a or later, - % for LaTeX versions 2.09 and 2e. - % - % For use with the `natbib.sty' package; emulates the corresponding - % member of the `plain' family, but with author-year citations. - % - % With version 6.0 of `natbib.sty', it may also be used for numerical - % citations, while retaining the commands \citeauthor, \citefullauthor, - % and \citeyear to print the corresponding information. - % - % For version 7.0 of `natbib.sty', the KEY field replaces missing - % authors/editors, and the date is left blank in \bibitem. - % - % Includes field EID for the sequence/citation number of electronic journals - % which is used instead of page numbers. - % - % Includes fields ISBN and ISSN. - % - % Includes field URL for Internet addresses. - % - % Includes field DOI for Digital Object Idenfifiers. - % - % Works best with the url.sty package of Donald Arseneau. - % - % Works with identical authors and year are further sorted by - % title text, as in the standard plain.bst etc. - % -ENTRY - { address - author - booktitle - chapter - doi - eid - edition - editor - howpublished - institution - isbn - issn - journal - key - month - note - number - organization - pages - publisher - school - series - title - type - url - volume - year - } - {} - { label extra.label sort.label short.list } - -INTEGERS { output.state before.all mid.sentence after.sentence after.block } - -FUNCTION {init.state.consts} -{ #0 'before.all := - #1 'mid.sentence := - #2 'after.sentence := - #3 'after.block := -} - -STRINGS { s t } - -FUNCTION {output.nonnull} -{ 's := - output.state mid.sentence = - { ", " * write$ } - { output.state after.block = - { add.period$ write$ - newline$ - "\newblock " write$ - } - { output.state before.all = - 'write$ - { add.period$ " " * write$ } - if$ - } - if$ - mid.sentence 'output.state := - } - if$ - s -} - -FUNCTION {output} -{ duplicate$ empty$ - 'pop$ - 'output.nonnull - if$ -} - -FUNCTION {output.check} -{ 't := - duplicate$ empty$ - { pop$ "empty " t * " in " * cite$ * warning$ } - 'output.nonnull - if$ -} - -FUNCTION {fin.entry} -{ add.period$ - write$ - newline$ -} - -FUNCTION {new.block} -{ output.state before.all = - 'skip$ - { after.block 'output.state := } - if$ -} - -FUNCTION {new.sentence} -{ output.state after.block = - 'skip$ - { output.state before.all = - 'skip$ - { after.sentence 'output.state := } - if$ - } - if$ -} - -FUNCTION {not} -{ { #0 } - { #1 } - if$ -} - -FUNCTION {and} -{ 'skip$ - { pop$ #0 } - if$ -} - -FUNCTION {or} -{ { pop$ #1 } - 'skip$ - if$ -} - -FUNCTION {new.block.checka} -{ empty$ - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.block.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.sentence.checka} -{ empty$ - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {new.sentence.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {field.or.null} -{ duplicate$ empty$ - { pop$ "" } - 'skip$ - if$ -} - -FUNCTION {emphasize} -{ duplicate$ empty$ - { pop$ "" } - { "\emph{" swap$ * "}" * } - if$ -} - -INTEGERS { nameptr namesleft numnames } - -FUNCTION {format.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr "{ff~}{vv~}{ll}{, jj}" format.name$ 't := - nameptr #1 > - { namesleft #1 > - { ", " * t * } - { numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {format.key} -{ empty$ - { key field.or.null } - { "" } - if$ -} - -FUNCTION {format.authors} -{ author empty$ - { "" } - { author format.names } - if$ -} - -FUNCTION {format.editors} -{ editor empty$ - { "" } - { editor format.names - editor num.names$ #1 > - { ", editors" * } - { ", editor" * } - if$ - } - if$ -} - -FUNCTION {format.isbn} -{ isbn empty$ - { "" } - { new.block "ISBN " isbn * } - if$ -} - -FUNCTION {format.issn} -{ issn empty$ - { "" } - { new.block "ISSN " issn * } - if$ -} - -FUNCTION {format.url} -{ url empty$ - { "" } - { new.block "URL \url{" url * "}" * } - if$ -} - -FUNCTION {format.doi} -{ doi empty$ - { "" } - { new.block "\doi{" doi * "}" * } - if$ -} - -FUNCTION {format.title} -{ title empty$ - { "" } - { title "t" change.case$ } - if$ -} - -FUNCTION {format.full.names} -{'s := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr - "{vv~}{ll}" format.name$ 't := - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {author.editor.full} -{ author empty$ - { editor empty$ - { "" } - { editor format.full.names } - if$ - } - { author format.full.names } - if$ -} - -FUNCTION {author.full} -{ author empty$ - { "" } - { author format.full.names } - if$ -} - -FUNCTION {editor.full} -{ editor empty$ - { "" } - { editor format.full.names } - if$ -} - -FUNCTION {make.full.names} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.full - { type$ "proceedings" = - 'editor.full - 'author.full - if$ - } - if$ -} - -FUNCTION {output.bibitem} -{ newline$ - "\bibitem[" write$ - label write$ - ")" make.full.names duplicate$ short.list = - { pop$ } - { * } - if$ - "]{" * write$ - cite$ write$ - "}" write$ - newline$ - "" - before.all 'output.state := -} - -FUNCTION {n.dashify} -{ 't := - "" - { t empty$ not } - { t #1 #1 substring$ "-" = - { t #1 #2 substring$ "--" = not - { "--" * - t #2 global.max$ substring$ 't := - } - { { t #1 #1 substring$ "-" = } - { "-" * - t #2 global.max$ substring$ 't := - } - while$ - } - if$ - } - { t #1 #1 substring$ * - t #2 global.max$ substring$ 't := - } - if$ - } - while$ -} - -FUNCTION {format.date} -{ year duplicate$ empty$ - { "empty year in " cite$ * warning$ - pop$ "" } - 'skip$ - if$ - month empty$ - 'skip$ - { month - " " * swap$ * - } - if$ - extra.label * -} - -FUNCTION {format.btitle} -{ title emphasize -} - -FUNCTION {tie.or.space.connect} -{ duplicate$ text.length$ #3 < - { "~" } - { " " } - if$ - swap$ * * -} - -FUNCTION {either.or.check} -{ empty$ - 'pop$ - { "can't use both " swap$ * " fields in " * cite$ * warning$ } - if$ -} - -FUNCTION {format.bvolume} -{ volume empty$ - { "" } - { "volume" volume tie.or.space.connect - series empty$ - 'skip$ - { " of " * series emphasize * } - if$ - "volume and number" number either.or.check - } - if$ -} - -FUNCTION {format.number.series} -{ volume empty$ - { number empty$ - { series field.or.null } - { output.state mid.sentence = - { "number" } - { "Number" } - if$ - number tie.or.space.connect - series empty$ - { "there's a number but no series in " cite$ * warning$ } - { " in " * series * } - if$ - } - if$ - } - { "" } - if$ -} - -FUNCTION {format.edition} -{ edition empty$ - { "" } - { output.state mid.sentence = - { edition "l" change.case$ " edition" * } - { edition "t" change.case$ " edition" * } - if$ - } - if$ -} - -INTEGERS { multiresult } - -FUNCTION {multi.page.check} -{ 't := - #0 'multiresult := - { multiresult not - t empty$ not - and - } - { t #1 #1 substring$ - duplicate$ "-" = - swap$ duplicate$ "," = - swap$ "+" = - or or - { #1 'multiresult := } - { t #2 global.max$ substring$ 't := } - if$ - } - while$ - multiresult -} - -FUNCTION {format.pages} -{ pages empty$ - { "" } - { pages multi.page.check - { "pages" pages n.dashify tie.or.space.connect } - { "page" pages tie.or.space.connect } - if$ - } - if$ -} - -FUNCTION {format.eid} -{ eid empty$ - { "" } - { "art." eid tie.or.space.connect } - if$ -} - -FUNCTION {format.vol.num.pages} -{ volume field.or.null - number empty$ - 'skip$ - { "\penalty0 (" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - pages empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.pages } - { ":\penalty0 " * pages n.dashify * } - if$ - } - if$ -} - -FUNCTION {format.vol.num.eid} -{ volume field.or.null - number empty$ - 'skip$ - { "\penalty0 (" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - eid empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.eid } - { ":\penalty0 " * eid * } - if$ - } - if$ -} - -FUNCTION {format.chapter.pages} -{ chapter empty$ - 'format.pages - { type empty$ - { "chapter" } - { type "l" change.case$ } - if$ - chapter tie.or.space.connect - pages empty$ - 'skip$ - { ", " * format.pages * } - if$ - } - if$ -} - -FUNCTION {format.in.ed.booktitle} -{ booktitle empty$ - { "" } - { editor empty$ - { "In " booktitle emphasize * } - { "In " format.editors * ", " * booktitle emphasize * } - if$ - } - if$ -} - -FUNCTION {empty.misc.check} -{ author empty$ title empty$ howpublished empty$ - month empty$ year empty$ note empty$ - and and and and and - key empty$ not and - { "all relevant fields are empty in " cite$ * warning$ } - 'skip$ - if$ -} - -FUNCTION {format.thesis.type} -{ type empty$ - 'skip$ - { pop$ - type "t" change.case$ - } - if$ -} - -FUNCTION {format.tr.number} -{ type empty$ - { "Technical Report" } - 'type - if$ - number empty$ - { "t" change.case$ } - { number tie.or.space.connect } - if$ -} - -FUNCTION {format.article.crossref} -{ key empty$ - { journal empty$ - { "need key or journal for " cite$ * " to crossref " * crossref * - warning$ - "" - } - { "In \emph{" journal * "}" * } - if$ - } - { "In " } - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {format.book.crossref} -{ volume empty$ - { "empty volume in " cite$ * "'s crossref of " * crossref * warning$ - "In " - } - { "Volume" volume tie.or.space.connect - " of " * - } - if$ - editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { series empty$ - { "need editor, key, or series for " cite$ * " to crossref " * - crossref * warning$ - "" * - } - { "\emph{" * series * "}" * } - if$ - } - 'skip$ - if$ - } - 'skip$ - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {format.incoll.inproc.crossref} -{ editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { booktitle empty$ - { "need editor, key, or booktitle for " cite$ * " to crossref " * - crossref * warning$ - "" - } - { "In \emph{" booktitle * "}" * } - if$ - } - { "In " } - if$ - } - { "In " } - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {article} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - crossref missing$ - { journal emphasize "journal" output.check - eid empty$ - { format.vol.num.pages output } - { format.vol.num.eid output } - if$ - format.date "year" output.check - } - { format.article.crossref output.nonnull - eid empty$ - { format.pages output } - { format.eid output } - if$ - } - if$ - format.issn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {book} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - new.block - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "year" output.check - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {booklet} -{ output.bibitem - format.authors output - author format.key output - new.block - format.title "title" output.check - howpublished address new.block.checkb - howpublished output - address output - format.date output - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {inbook} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - new.block - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - format.chapter.pages "chapter and pages" output.check - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { format.chapter.pages "chapter and pages" output.check - new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "year" output.check - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {incollection} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.chapter.pages output - new.sentence - publisher "publisher" output.check - address output - format.edition output - format.date "year" output.check - } - { format.incoll.inproc.crossref output.nonnull - format.chapter.pages output - } - if$ - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {inproceedings} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.pages output - address empty$ - { organization publisher new.sentence.checkb - organization output - publisher output - format.date "year" output.check - } - { address output.nonnull - format.date "year" output.check - new.sentence - organization output - publisher output - } - if$ - } - { format.incoll.inproc.crossref output.nonnull - format.pages output - } - if$ - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {conference} { inproceedings } - -FUNCTION {manual} -{ output.bibitem - format.authors output - author format.key output - new.block - format.btitle "title" output.check - organization address new.block.checkb - organization output - address output - format.edition output - format.date output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {mastersthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - "Master's thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "year" output.check - format.url output - new.block - note output - fin.entry -} - -FUNCTION {misc} -{ output.bibitem - format.authors output - author format.key output - title howpublished new.block.checkb - format.title output - howpublished new.block.checka - howpublished output - format.date output - format.issn output - format.url output - new.block - note output - fin.entry - empty.misc.check -} - -FUNCTION {phdthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.btitle "title" output.check - new.block - "PhD thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "year" output.check - format.url output - new.block - note output - fin.entry -} - -FUNCTION {proceedings} -{ output.bibitem - format.editors output - editor format.key output - new.block - format.btitle "title" output.check - format.bvolume output - format.number.series output - address output - format.date "year" output.check - new.sentence - organization output - publisher output - format.isbn output - format.doi output - format.url output - new.block - note output - fin.entry -} - -FUNCTION {techreport} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - format.tr.number output.nonnull - institution "institution" output.check - address output - format.date "year" output.check - format.url output - new.block - note output - fin.entry -} - -FUNCTION {unpublished} -{ output.bibitem - format.authors "author" output.check - author format.key output - new.block - format.title "title" output.check - new.block - note "note" output.check - format.date output - format.url output - fin.entry -} - -FUNCTION {default.type} { misc } - - -MACRO {jan} {"January"} - -MACRO {feb} {"February"} - -MACRO {mar} {"March"} - -MACRO {apr} {"April"} - -MACRO {may} {"May"} - -MACRO {jun} {"June"} - -MACRO {jul} {"July"} - -MACRO {aug} {"August"} - -MACRO {sep} {"September"} - -MACRO {oct} {"October"} - -MACRO {nov} {"November"} - -MACRO {dec} {"December"} - - - -MACRO {acmcs} {"ACM Computing Surveys"} - -MACRO {acta} {"Acta Informatica"} - -MACRO {cacm} {"Communications of the ACM"} - -MACRO {ibmjrd} {"IBM Journal of Research and Development"} - -MACRO {ibmsj} {"IBM Systems Journal"} - -MACRO {ieeese} {"IEEE Transactions on Software Engineering"} - -MACRO {ieeetc} {"IEEE Transactions on Computers"} - -MACRO {ieeetcad} - {"IEEE Transactions on Computer-Aided Design of Integrated Circuits"} - -MACRO {ipl} {"Information Processing Letters"} - -MACRO {jacm} {"Journal of the ACM"} - -MACRO {jcss} {"Journal of Computer and System Sciences"} - -MACRO {scp} {"Science of Computer Programming"} - -MACRO {sicomp} {"SIAM Journal on Computing"} - -MACRO {tocs} {"ACM Transactions on Computer Systems"} - -MACRO {tods} {"ACM Transactions on Database Systems"} - -MACRO {tog} {"ACM Transactions on Graphics"} - -MACRO {toms} {"ACM Transactions on Mathematical Software"} - -MACRO {toois} {"ACM Transactions on Office Information Systems"} - -MACRO {toplas} {"ACM Transactions on Programming Languages and Systems"} - -MACRO {tcs} {"Theoretical Computer Science"} - - -READ - -FUNCTION {sortify} -{ purify$ - "l" change.case$ -} - -INTEGERS { len } - -FUNCTION {chop.word} -{ 's := - 'len := - s #1 len substring$ = - { s len #1 + global.max$ substring$ } - 's - if$ -} - -FUNCTION {format.lab.names} -{ 's := - s #1 "{vv~}{ll}" format.name$ - s num.names$ duplicate$ - #2 > - { pop$ " et~al." * } - { #2 < - 'skip$ - { s #2 "{ff }{vv }{ll}{ jj}" format.name$ "others" = - { " et~al." * } - { " and " * s #2 "{vv~}{ll}" format.name$ * } - if$ - } - if$ - } - if$ -} - -FUNCTION {author.key.label} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.editor.key.label} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.key.organization.label} -{ author empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {editor.key.organization.label} -{ editor empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - 'key - if$ - } - { editor format.lab.names } - if$ -} - -FUNCTION {calc.short.authors} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.organization.label - { type$ "manual" = - 'author.key.organization.label - 'author.key.label - if$ - } - if$ - } - if$ - 'short.list := -} - -FUNCTION {calc.label} -{ calc.short.authors - short.list - "(" - * - year duplicate$ empty$ - short.list key field.or.null = or - { pop$ "" } - 'skip$ - if$ - * - 'label := -} - -INTEGERS { seq.num } - -FUNCTION {init.seq} -{ #0 'seq.num :=} - -EXECUTE {init.seq} - -FUNCTION {int.to.fix} -{ "000000000" swap$ int.to.str$ * - #-1 #10 substring$ -} - - -FUNCTION {presort} -{ calc.label - label sortify - " " - * - seq.num #1 + 'seq.num := - seq.num int.to.fix - 'sort.label := - sort.label * - #1 entry.max$ substring$ - 'sort.key$ := -} - -ITERATE {presort} - -SORT - -STRINGS { longest.label last.label next.extra } - -INTEGERS { longest.label.width last.extra.num number.label } - -FUNCTION {initialize.longest.label} -{ "" 'longest.label := - #0 int.to.chr$ 'last.label := - "" 'next.extra := - #0 'longest.label.width := - #0 'last.extra.num := - #0 'number.label := -} - -FUNCTION {forward.pass} -{ last.label label = - { last.extra.num #1 + 'last.extra.num := - last.extra.num int.to.chr$ 'extra.label := - } - { "a" chr.to.int$ 'last.extra.num := - "" 'extra.label := - label 'last.label := - } - if$ - number.label #1 + 'number.label := -} - -FUNCTION {reverse.pass} -{ next.extra "b" = - { "a" 'extra.label := } - 'skip$ - if$ - extra.label 'next.extra := - extra.label - duplicate$ empty$ - 'skip$ - { "{\natexlab{" swap$ * "}}" * } - if$ - 'extra.label := - label extra.label * 'label := -} - -EXECUTE {initialize.longest.label} - -ITERATE {forward.pass} - -REVERSE {reverse.pass} - -FUNCTION {bib.sort.order} -{ sort.label 'sort.key$ := -} - -ITERATE {bib.sort.order} - -SORT - -FUNCTION {begin.bib} -{ preamble$ empty$ - 'skip$ - { preamble$ write$ newline$ } - if$ - "\begin{thebibliography}{" number.label int.to.str$ * "}" * - write$ newline$ - "\providecommand{\natexlab}[1]{#1}" - write$ newline$ - "\providecommand{\url}[1]{\texttt{#1}}" - write$ newline$ - "\expandafter\ifx\csname urlstyle\endcsname\relax" - write$ newline$ - " \providecommand{\doi}[1]{doi: #1}\else" - write$ newline$ - " \providecommand{\doi}{doi: \begingroup \urlstyle{rm}\Url}\fi" - write$ newline$ -} - -EXECUTE {begin.bib} - -EXECUTE {init.state.consts} - -ITERATE {call.type$} - -FUNCTION {end.bib} -{ newline$ - "\end{thebibliography}" write$ newline$ -} - -EXECUTE {end.bib} diff --git a/docs/NARK/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst b/docs/NARK/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst deleted file mode 100755 index fb0bb89d8..000000000 --- a/docs/NARK/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst +++ /dev/null @@ -1,1403 +0,0 @@ -%% -%% This is file `unsrtnat.bst', -%% generated with the docstrip utility. -%% -%% The original source files were: -%% -%% natbst.mbs (with options: `name-full,atit-lower,month-full,jour-full') -%% ---------------------------------------- -%% *** Version of `abbrv.bst' for use with natbib package *** -%% - % The original source file contains the following version information: - % \ProvidesFile{natbst.mbs}[1997/03/19 1.4 (PWD)] - - %% BibTeX `plainnat' family - %% version 0.99b for BibTeX versions 0.99a or later, LaTeX version 2.09. - %% - %% For use with the `natbib.sty' package; emulates the corresponding - %% member of the `plain' family, but with author-year citations. - %% - %% With version 6.0 of `natbib.sty', it may also be used for numerical - %% citations, while retaining the commands \citeauthor, \citefullauthor, - %% and \citeyear to print the corresponding information. - %% -ENTRY - { address - author - booktitle - chapter - edition - editor - howpublished - institution - journal - key - month - note - number - organization - pages - publisher - school - series - title - type - volume - year - } - {} - { label extra.label sort.label short.list } - -INTEGERS { output.state before.all mid.sentence after.sentence after.block } - -FUNCTION {init.state.consts} -{ #0 'before.all := - #1 'mid.sentence := - #2 'after.sentence := - #3 'after.block := -} - -STRINGS { s t } - -FUNCTION {output.nonnull} -{ 's := - output.state mid.sentence = - { " " * write$ } % CDC modified - previously it was a comma. - { output.state after.block = - { add.period$ write$ - newline$ - "\newblock " write$ - } - { output.state before.all = - 'write$ - { add.period$ " " * write$ } - if$ - } - if$ - mid.sentence 'output.state := - } - if$ - s -} - -FUNCTION {output} -{ duplicate$ empty$ - 'pop$ - 'output.nonnull - if$ -} - -FUNCTION {output.check} -{ 't := - duplicate$ empty$ - { pop$ "empty " t * " in " * cite$ * warning$ } - 'output.nonnull - if$ -} - -FUNCTION {fin.entry} -{ %add.period$ - write$ - newline$ -} - -FUNCTION {new.block} -{ output.state before.all = - 'skip$ - { after.block 'output.state := } - if$ -} - -FUNCTION {new.sentence} -{ output.state after.block = - 'skip$ - { output.state before.all = - 'skip$ - { after.sentence 'output.state := } - if$ - } - if$ -} - -FUNCTION {not} -{ { #0 } - { #1 } - if$ -} - -FUNCTION {and} -{ 'skip$ - { pop$ #0 } - if$ -} - -FUNCTION {or} -{ { pop$ #1 } - 'skip$ - if$ -} - -FUNCTION {new.block.checka} -{ empty$ - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.block.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.sentence.checka} -{ empty$ - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {new.sentence.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {field.or.null} -{ duplicate$ empty$ - { pop$ "" } - 'skip$ - if$ -} - -FUNCTION {emphasize} -{ duplicate$ empty$ - { pop$ "" } - { "{\em " swap$ * "}" * } - if$ -} - -INTEGERS { nameptr namesleft numnames } - -FUNCTION {format.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr "{ff~}{vv~}{ll}{, jj}" format.name$ 't := - nameptr #1 > - { namesleft #1 > - { ", " * t * } - { numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {format.authors} -{ author empty$ - { "" } - { author format.names } - if$ -} - -FUNCTION {format.editors} -{ editor empty$ - { "" } - { editor format.names - editor num.names$ #1 > - { ", editors" * } - { ", editor" * } - if$ - } - if$ -} - -% FUNCTION {format.title} -% { title empty$ -% { "" } -% { title "t" change.case$ } -% if$ -%} - -% CDC changed - originally it put article titles in lower case (as above) -% Got the following code from document called btex101.pdf - -FUNCTION {format.title} -{ - title "``" swap$ * ".'' " * % Put article title in quotes -} - -FUNCTION {format.full.names} -{'s := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr - "{vv~}{ll}" format.name$ 't := - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {author.editor.key.full} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.full.names } - if$ - } - { author format.full.names } - if$ -} - -FUNCTION {author.key.full} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { author format.full.names } - if$ -} - -FUNCTION {editor.key.full} -{ editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.full.names } - if$ -} - -FUNCTION {make.full.names} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.full - { type$ "proceedings" = - 'editor.key.full - 'author.key.full - if$ - } - if$ -} - -FUNCTION {output.bibitem} -{ newline$ - "\bibitem[" write$ - label write$ - ")" make.full.names duplicate$ short.list = - { pop$ } - { * } - if$ - "]{" * write$ - cite$ write$ - "}" write$ - newline$ - "" - before.all 'output.state := -} - -FUNCTION {n.dashify} -{ 't := - "" - { t empty$ not } - { t #1 #1 substring$ "-" = - { t #1 #2 substring$ "--" = not - { "--" * - t #2 global.max$ substring$ 't := - } - { { t #1 #1 substring$ "-" = } - { "-" * - t #2 global.max$ substring$ 't := - } - while$ - } - if$ - } - { t #1 #1 substring$ * - t #2 global.max$ substring$ 't := - } - if$ - } - while$ -} - -FUNCTION {format.date} -{ year duplicate$ empty$ - { "empty year in " cite$ * "; set to ????" * warning$ - pop$ "????" } - 'skip$ - if$ - month empty$ - 'skip$ - { month - " " * swap$ * - } - if$ - extra.label * -} - -FUNCTION {format.btitle} -{ title emphasize -} - -FUNCTION {tie.or.space.connect} -{ duplicate$ text.length$ #3 < - { "~" } - { " " } - if$ - swap$ * * -} - -FUNCTION {either.or.check} -{ empty$ - 'pop$ - { "can't use both " swap$ * " fields in " * cite$ * warning$ } - if$ -} - -FUNCTION {format.bvolume} -{ volume empty$ - { "" } - { "volume" volume tie.or.space.connect - series empty$ - 'skip$ - { " of " * series emphasize * } - if$ - "volume and number" number either.or.check - } - if$ -} - -FUNCTION {format.number.series} -{ volume empty$ - { number empty$ - { series field.or.null } - { output.state mid.sentence = - { "number" } - { "Number" } - if$ - number tie.or.space.connect - series empty$ - { "there's a number but no series in " cite$ * warning$ } - { " in " * series * } - if$ - } - if$ - } - { "" } - if$ -} - -FUNCTION {format.edition} -{ edition empty$ - { "" } - { output.state mid.sentence = - { edition "l" change.case$ " edition" * } - { edition "t" change.case$ " edition" * } - if$ - } - if$ -} - -INTEGERS { multiresult } - -FUNCTION {multi.page.check} -{ 't := - #0 'multiresult := - { multiresult not - t empty$ not - and - } - { t #1 #1 substring$ - duplicate$ "-" = - swap$ duplicate$ "," = - swap$ "+" = - or or - { #1 'multiresult := } - { t #2 global.max$ substring$ 't := } - if$ - } - while$ - multiresult -} - -FUNCTION {format.pages} -{ pages empty$ - { "" } - { pages multi.page.check - { "pages" pages n.dashify tie.or.space.connect } - { "page" pages tie.or.space.connect } - if$ - } - if$ -} - -FUNCTION {format.vol.num.pages} -{ volume field.or.null - number empty$ - 'skip$ - { "\penalty0 (" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - pages empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.pages } - { ":\penalty0 " * pages n.dashify * } - if$ - } - if$ -} - -FUNCTION {format.chapter.pages} -{ chapter empty$ - 'format.pages - { type empty$ - { "chapter" } - { type "l" change.case$ } - if$ - chapter tie.or.space.connect - pages empty$ - 'skip$ - { ", " * format.pages * } - if$ - } - if$ -} - -FUNCTION {format.in.ed.booktitle} -{ booktitle empty$ - { "" } - { editor empty$ - { "In " booktitle emphasize * } - { "In " format.editors * ", " * booktitle emphasize * } - if$ - } - if$ -} - -FUNCTION {empty.misc.check} -{ author empty$ title empty$ howpublished empty$ - month empty$ year empty$ note empty$ - and and and and and - key empty$ not and - { "all relevant fields are empty in " cite$ * warning$ } - 'skip$ - if$ -} - -FUNCTION {format.thesis.type} -{ type empty$ - 'skip$ - { pop$ - type "t" change.case$ - } - if$ -} - -FUNCTION {format.tr.number} -{ type empty$ - { "Technical Report" } - 'type - if$ - number empty$ - { "t" change.case$ } - { number tie.or.space.connect } - if$ -} - -FUNCTION {format.article.crossref} -{ key empty$ - { journal empty$ - { "need key or journal for " cite$ * " to crossref " * crossref * - warning$ - "" - } - { "In {\em " journal * "\/}" * } - if$ - } - { "In " key * } - if$ - " \citep{" * crossref * "}" * -} - -FUNCTION {format.book.crossref} -{ volume empty$ - { "empty volume in " cite$ * "'s crossref of " * crossref * warning$ - "In " - } - { "Volume" volume tie.or.space.connect - " of " * - } - if$ - editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { series empty$ - { "need editor, key, or series for " cite$ * " to crossref " * - crossref * warning$ - "" * - } - { "{\em " * series * "\/}" * } - if$ - } - { key * } - if$ - } - 'skip$ - if$ - ", \citet{" * crossref * "}" * -} - -FUNCTION {format.incoll.inproc.crossref} -{ editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { booktitle empty$ - { "need editor, key, or booktitle for " cite$ * " to crossref " * - crossref * warning$ - "" - } - { "In {\em " booktitle * "\/}" * } - if$ - } - { "In " key * } - if$ - } - { "In " } - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {article} -{ output.bibitem - format.title "title" output.check % CDC changed next 4 lines -% new.block - format.authors "author" output.check - new.block - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - format.date "(year)" output.check - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - new.block - note output - fin.entry -} - -FUNCTION {book} -{ output.bibitem - format.btitle "title" output.check % CDC changed down to if$ - new.block - author empty$ - { format.editors "author and editor" output.check } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - crossref missing$ - { format.bvolume output - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {booklet} -{ output.bibitem - format.title "title" output.check % CDC changed down to format.authors -% new.block - format.authors output - howpublished address new.block.checkb - howpublished output - address output - format.date output - new.block - note output - fin.entry -} - -FUNCTION {inbook} -{ output.bibitem - format.btitle "title" output.check - new.block - author empty$ - { format.editors "author and editor" output.check } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - crossref missing$ - { format.bvolume output - format.chapter.pages "chapter and pages" output.check - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { format.chapter.pages "chapter and pages" output.check - new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {incollection} -{ output.bibitem - format.title "title" output.check -% new.block - format.authors "author" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.chapter.pages output - new.sentence - publisher "publisher" output.check - address output - format.edition output - format.date "(year)" output.check - } - { format.incoll.inproc.crossref output.nonnull - format.chapter.pages output - } - if$ - new.block - note output - fin.entry -} - -FUNCTION {inproceedings} -{ output.bibitem - format.title "title" output.check -% new.block - format.authors "author" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.pages output - address empty$ - { organization publisher new.sentence.checkb - organization output - publisher output - format.date "(year)" output.check - } - { address output.nonnull - format.date "(year)" output.check - new.sentence - organization output - publisher output - } - if$ - } - { format.incoll.inproc.crossref output.nonnull - format.pages output - } - if$ - new.block - note output - fin.entry -} - -FUNCTION {conference} { inproceedings } - -FUNCTION {manual} -{ output.bibitem - format.btitle "title" output.check - new.block - author empty$ - { organization empty$ - 'skip$ - { organization output.nonnull - address output - } - if$ - } - { format.authors output.nonnull } - if$ - author empty$ - { organization empty$ - { address new.block.checka - address output - } - 'skip$ - if$ - } - { organization address new.block.checkb - organization output - address output - } - if$ - format.edition output - format.date output - new.block - note output - fin.entry -} -FUNCTION {mastersthesis} -{ output.bibitem - format.authors "author" output.check - new.block - format.title "title" output.check - new.block - "Master's thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {misc} -{ output.bibitem - title howpublished new.block.checkb - format.title output - format.authors output - howpublished new.block.checka - howpublished output - format.date output - new.block - note output - fin.entry - empty.misc.check -} - -FUNCTION {phdthesis} -{ output.bibitem - format.btitle "title" output.check - new.block - format.authors "author" output.check - new.block - "PhD thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {proceedings} -{ output.bibitem - format.btitle "title" output.check - new.block - editor empty$ - { organization output } - { format.editors output.nonnull } - if$ - format.bvolume output - format.number.series output - address empty$ - { editor empty$ - { publisher new.sentence.checka } - { organization publisher new.sentence.checkb - organization output - } - if$ - publisher output - format.date "(year)" output.check - } - { address output.nonnull - format.date "(year)" output.check - new.sentence - editor empty$ - 'skip$ - { organization output } - if$ - publisher output - } - if$ - new.block - note output - fin.entry -} - -FUNCTION {techreport} -{ output.bibitem - format.authors "author" output.check - new.block - format.title "title" output.check -% new.block - format.tr.number output.nonnull - institution "institution" output.check - address output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {unpublished} -{ output.bibitem - format.title "title" output.check -% new.block - format.authors "author" output.check - new.block - note "note" output.check - format.date output - fin.entry -} - -% CDC added the functions below, from econometrica.bst - -FUNCTION {format.date.nocolon} -{ year duplicate$ empty$ - { "empty year in " cite$ * "; set to ????" * warning$ - pop$ "????" } - 'skip$ - if$ - " (" swap$ * extra.label * ")" * %%%KCB: added : - before.all 'output.state := %%%KCB: -} - - -FUNCTION {format.key} -{ empty$ - { key field.or.null } - { "" } - if$ -} - - -FUNCTION {bookreview} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - author format.key output - format.btitle "title" output.check - note output - crossref missing$ - { journal emphasize "journal" output.check - format.date.nocolon "(year)" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.date.nocolon "(year)" output.check - format.pages output - } - if$ - fin.entry -} - -FUNCTION {inprogress} -{ output.bibitem - format.title "title" output.check % CDC changed next 4 lines -% new.block -% format.authors "author" output.check -% new.block - note output - fin.entry -} - - -FUNCTION {miscnoyear} % Defined by CDC 09/09/03, purpose being to allow insertion of text in a bibliography -{ output.bibitem -% format.title output -% format.authors output -% author format.key output -% format.date.nocolon "(year)" output.check - howpublished output - note output - fin.entry -} - - - - -FUNCTION {default.type} { misc } - - -MACRO {jan} {"January"} - -MACRO {feb} {"February"} - -MACRO {mar} {"March"} - -MACRO {apr} {"April"} - -MACRO {may} {"May"} - -MACRO {jun} {"June"} - -MACRO {jul} {"July"} - -MACRO {aug} {"August"} - -MACRO {sep} {"September"} - -MACRO {oct} {"October"} - -MACRO {nov} {"November"} - -MACRO {dec} {"December"} - - - -MACRO {acmcs} {"ACM Computing Surveys"} - -MACRO {acta} {"Acta Informatica"} - -MACRO {cacm} {"Communications of the ACM"} - -MACRO {ibmjrd} {"IBM Journal of Research and Development"} - -MACRO {ibmsj} {"IBM Systems Journal"} - -MACRO {ieeese} {"IEEE Transactions on Software Engineering"} - -MACRO {ieeetc} {"IEEE Transactions on Computers"} - -MACRO {ieeetcad} - {"IEEE Transactions on Computer-Aided Design of Integrated Circuits"} - -MACRO {ipl} {"Information Processing Letters"} - -MACRO {jacm} {"Journal of the ACM"} - -MACRO {jcss} {"Journal of Computer and System Sciences"} - -MACRO {scp} {"Science of Computer Programming"} - -MACRO {sicomp} {"SIAM Journal on Computing"} - -MACRO {tocs} {"ACM Transactions on Computer Systems"} - -MACRO {tods} {"ACM Transactions on Database Systems"} - -MACRO {tog} {"ACM Transactions on Graphics"} - -MACRO {toms} {"ACM Transactions on Mathematical Software"} - -MACRO {toois} {"ACM Transactions on Office Information Systems"} - -MACRO {toplas} {"ACM Transactions on Programming Languages and Systems"} - -MACRO {tcs} {"Theoretical Computer Science"} - - -READ - -FUNCTION {sortify} -{ purify$ - "l" change.case$ -} - -INTEGERS { len } - -FUNCTION {chop.word} -{ 's := - 'len := - s #1 len substring$ = - { s len #1 + global.max$ substring$ } - 's - if$ -} - -FUNCTION {format.lab.names} -{ 's := - s #1 "{vv~}{ll}" format.name$ - s num.names$ duplicate$ - #2 > - { pop$ " et~al." * } - { #2 < - 'skip$ - { s #2 "{ff }{vv }{ll}{ jj}" format.name$ "others" = - { " et~al." * } - { " and " * s #2 "{vv~}{ll}" format.name$ * } - if$ - } - if$ - } - if$ -} - -FUNCTION {author.key.label} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - { key #3 text.prefix$ } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.editor.key.label} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - { key #3 text.prefix$ } - if$ - } - { editor format.lab.names } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.key.organization.label} -{ author empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - { key #3 text.prefix$ } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {editor.key.organization.label} -{ editor empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - { key #3 text.prefix$ } - if$ - } - { editor format.lab.names } - if$ -} - -FUNCTION {calc.short.authors} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.organization.label - { type$ "manual" = - 'author.key.organization.label - 'author.key.label - if$ - } - if$ - } - if$ - 'short.list := -} - -FUNCTION {calc.label} -{ calc.short.authors - short.list - "(" - * - year duplicate$ empty$ - { pop$ "????" } - 'skip$ - if$ - * - 'label := -} - -FUNCTION {sort.format.names} -{ 's := - #1 'nameptr := - "" - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { " " * } - 'skip$ - if$ - s nameptr "{vv{ } }{ll{ }}{ ff{ }}{ jj{ }}" format.name$ 't := - nameptr numnames = t "others" = and - { "et al" * } - { t sortify * } - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {sort.format.title} -{ 't := - "A " #2 - "An " #3 - "The " #4 t chop.word - chop.word - chop.word - sortify - #1 global.max$ substring$ -} - -FUNCTION {author.sort} -{ author empty$ - { key empty$ - { "to sort, need author or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.editor.sort} -{ author empty$ - { editor empty$ - { key empty$ - { "to sort, need author, editor, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.organization.sort} -{ author empty$ - { organization empty$ - { key empty$ - { "to sort, need author, organization, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { "The " #4 organization chop.word sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {editor.organization.sort} -{ editor empty$ - { organization empty$ - { key empty$ - { "to sort, need editor, organization, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { "The " #4 organization chop.word sortify } - if$ - } - { editor sort.format.names } - if$ -} - -INTEGERS { seq.num } - -FUNCTION {init.seq} -{ #0 'seq.num :=} - -EXECUTE {init.seq} - -FUNCTION {int.to.fix} -{ "000000000" swap$ int.to.str$ * - #-1 #10 substring$ -} - -FUNCTION {presort} -{ calc.label - label sortify - " " - * - seq.num #1 + 'seq.num := - seq.num int.to.fix - 'sort.label := - sort.label * - #1 entry.max$ substring$ - 'sort.key$ := -} - -ITERATE {presort} - -SORT - -STRINGS { longest.label last.label next.extra } - -INTEGERS { longest.label.width last.extra.num number.label } - -FUNCTION {initialize.longest.label} -{ "" 'longest.label := - #0 int.to.chr$ 'last.label := - "" 'next.extra := - #0 'longest.label.width := - #0 'last.extra.num := - #0 'number.label := -} - -FUNCTION {forward.pass} -{ last.label label = - { last.extra.num #1 + 'last.extra.num := - last.extra.num int.to.chr$ 'extra.label := - } - { "a" chr.to.int$ 'last.extra.num := - "" 'extra.label := - label 'last.label := - } - if$ - number.label #1 + 'number.label := -} - -FUNCTION {reverse.pass} -{ next.extra "b" = - { "a" 'extra.label := } - 'skip$ - if$ - extra.label 'next.extra := - extra.label - duplicate$ empty$ - 'skip$ - { "{\natexlab{" swap$ * "}}" * } - if$ - 'extra.label := - label extra.label * 'label := -} - -EXECUTE {initialize.longest.label} - -ITERATE {forward.pass} - -REVERSE {reverse.pass} - -FUNCTION {bib.sort.order} -{ sort.label 'sort.key$ := -} - -ITERATE {bib.sort.order} - -SORT - -FUNCTION {begin.bib} -{ preamble$ empty$ - 'skip$ - { preamble$ write$ newline$ } - if$ - "\begin{thebibliography}{" number.label int.to.str$ * "}" * - write$ newline$ - "\expandafter\ifx\csname natexlab\endcsname\relax\def\natexlab#1{#1}\fi" - write$ newline$ -} - -EXECUTE {begin.bib} - -EXECUTE {init.state.consts} - -ITERATE {call.type$} - -FUNCTION {end.bib} -{ newline$ - "\end{thebibliography}" write$ newline$ -} - -EXECUTE {end.bib} -%% End of customized bst file -%% -%% End of file `unsrtnat.bst'. diff --git a/docs/NARK/texmf-local/latexmkrc b/docs/NARK/texmf-local/latexmkrc deleted file mode 100755 index a51d3004c..000000000 --- a/docs/NARK/texmf-local/latexmkrc +++ /dev/null @@ -1,14 +0,0 @@ -# -*- mode: shell-script; coding: utf-8 -*- -# Google 'latexmk' for explanation of this config file -# latexmk at unix command line will compile the paper -$do_cd = 1; -#$clean_ext = "nav out snm dvi idv tmp xref 4tc out aux log fls fdb_latexmk synctex.gz toc svg png 4ct ps out.ps mk4 lg cfg css html yml upa upb"; -@generated_exts = (@generated_exts, 'blg','fdb_latexmk','fls', 'idv','md.tmp','mk4','lg','snm','synctex.gz', 'tex.cfg','nav','out','ps','ps_out','tex.mk4', 'tmp', 'upa','upb','toc','4ct'); -$bibtex_use=2; -$pdf_mode = 1; -$rc_report = 1; -$pdflatex="pdflatex -interaction=nonstopmode %O %S"; -@default_files = ('*.tex'); -$aux_out_dir_report = 0; -$silent = 1; -#warn "PATH = '$ENV{PATH}'\n"; diff --git a/docs/NARK/texmf-local/tex/latex/articleNoRefHead.cls b/docs/NARK/texmf-local/tex/latex/articleNoRefHead.cls deleted file mode 100755 index 979b08d97..000000000 --- a/docs/NARK/texmf-local/tex/latex/articleNoRefHead.cls +++ /dev/null @@ -1 +0,0 @@ -%% %% This is file `article.cls', %% generated with the docstrip utility. %% %% The original source files were: %% %% classes.dtx (with options: `article') %% %% This is a generated file. %% %% Copyright 1993 1994 1995 1996 1997 1998 1999 %% The LaTeX3 Project and any individual authors listed elsewhere %% in this file. %% %% This file is part of the LaTeX base system. %% ------------------------------------------- %% %% It may be distributed and/or modified under the %% conditions of the LaTeX Project Public License, either version 1.1 %% of this license or (at your option) any later version. %% The latest version of this license is in %% http://www.latex-project.org/lppl.txt %% and version 1.1 or later is part of all distributions of LaTeX %% version 1999/06/01 or later. %% %% The list of all files belonging to the LaTeX base distribution is %% given in the file `manifest.txt'. See also `legal.txt' for additional %% information. %% %% \CharacterTable %% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z %% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z %% Digits \0\1\2\3\4\5\6\7\8\9 %% Exclamation \! Double quote \" Hash (number) \# %% Dollar \$ Percent \% Ampersand \& %% Acute accent \' Left paren \( Right paren \) %% Asterisk \* Plus \+ Comma \, %% Minus \- Point \. Solidus \/ %% Colon \: Semicolon \; Less than \< %% Equals \= Greater than \> Question mark \? %% Commercial at \@ Left bracket \[ Backslash \\ %% Right bracket \] Circumflex \^ Underscore \_ %% Grave accent \` Left brace \{ Vertical bar \| %% Right brace \} Tilde \~} \NeedsTeXFormat{LaTeX2e}[1995/12/01] \ProvidesClass{articleNoRefHead} [1999/01/07 v1.4a Standard LaTeX document class] \newcommand\@ptsize{} \newif\if@restonecol \newif\if@titlepage \@titlepagefalse \if@compatibility\else \DeclareOption{a4paper} {\setlength\paperheight {297mm}% \setlength\paperwidth {210mm}} \DeclareOption{a5paper} {\setlength\paperheight {210mm}% \setlength\paperwidth {148mm}} \DeclareOption{b5paper} {\setlength\paperheight {250mm}% \setlength\paperwidth {176mm}} \DeclareOption{letterpaper} {\setlength\paperheight {11in}% \setlength\paperwidth {8.5in}} \DeclareOption{legalpaper} {\setlength\paperheight {14in}% \setlength\paperwidth {8.5in}} \DeclareOption{executivepaper} {\setlength\paperheight {10.5in}% \setlength\paperwidth {7.25in}} \DeclareOption{landscape} {\setlength\@tempdima {\paperheight}% \setlength\paperheight {\paperwidth}% \setlength\paperwidth {\@tempdima}} \fi \if@compatibility \renewcommand\@ptsize{0} \else \DeclareOption{10pt}{\renewcommand\@ptsize{0}} \fi \DeclareOption{11pt}{\renewcommand\@ptsize{1}} \DeclareOption{12pt}{\renewcommand\@ptsize{2}} \if@compatibility\else \DeclareOption{oneside}{\@twosidefalse \@mparswitchfalse} \fi \DeclareOption{twoside}{\@twosidetrue \@mparswitchtrue} \DeclareOption{draft}{\setlength\overfullrule{5pt}} \if@compatibility\else \DeclareOption{final}{\setlength\overfullrule{0pt}} \fi \DeclareOption{titlepage}{\@titlepagetrue} \if@compatibility\else \DeclareOption{notitlepage}{\@titlepagefalse} \fi \if@compatibility\else \DeclareOption{onecolumn}{\@twocolumnfalse} \fi \DeclareOption{twocolumn}{\@twocolumntrue} \DeclareOption{leqno}{\input{leqno.clo}} \DeclareOption{fleqn}{\input{fleqn.clo}} \DeclareOption{openbib}{% \AtEndOfPackage{% \renewcommand\@openbib@code{% \advance\leftmargin\bibindent \itemindent -\bibindent \listparindent \itemindent \parsep \z@ }% \renewcommand\newblock{\par}}% } \ExecuteOptions{letterpaper,10pt,oneside,onecolumn,final} \ProcessOptions \input{size1\@ptsize.clo} \setlength\lineskip{1\p@} \setlength\normallineskip{1\p@} \renewcommand\baselinestretch{} \setlength\parskip{0\p@ \@plus \p@} \@lowpenalty 51 \@medpenalty 151 \@highpenalty 301 \setcounter{topnumber}{2} \renewcommand\topfraction{.7} \setcounter{bottomnumber}{1} \renewcommand\bottomfraction{.3} \setcounter{totalnumber}{3} \renewcommand\textfraction{.2} \renewcommand\floatpagefraction{.5} \setcounter{dbltopnumber}{2} \renewcommand\dbltopfraction{.7} \renewcommand\dblfloatpagefraction{.5} \if@twoside \def\ps@headings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markboth {\MakeUppercase{% \ifnum \c@secnumdepth >\z@ \thesection\quad \fi ##1}}{}}% \def\subsectionmark##1{% \markright {% \ifnum \c@secnumdepth >\@ne \thesubsection\quad \fi ##1}}} \else \def\ps@headings{% \let\@oddfoot\@empty \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markright {\MakeUppercase{% \ifnum \c@secnumdepth >\m@ne \thesection\quad \fi ##1}}}} \fi \def\ps@myheadings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\@gobbletwo \let\sectionmark\@gobble \let\subsectionmark\@gobble } \if@titlepage \newcommand\maketitle{\begin{titlepage}% \let\footnotesize\small \let\footnoterule\relax \let \footnote \thanks \null\vfil \vskip 60\p@ \begin{center}% {\LARGE \@title \par}% \vskip 3em% {\large \lineskip .75em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1.5em% {\large \@date \par}% % Set date in \large size. \end{center}\par \@thanks \vfil\null \end{titlepage}% \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \else \newcommand\maketitle{\par \begingroup \renewcommand\thefootnote{\@fnsymbol\c@footnote}% \def\@makefnmark{\rlap{\@textsuperscript{\normalfont\@thefnmark}}}% \long\def\@makefntext##1{\parindent 1em\noindent \hb@xt@1.8em{% \hss\@textsuperscript{\normalfont\@thefnmark}}##1}% \if@twocolumn \ifnum \col@number=\@ne \@maketitle \else \twocolumn[\@maketitle]% \fi \else \newpage \global\@topnum\z@ % Prevents figures from going at top of page. \@maketitle \fi \thispagestyle{plain}\@thanks \endgroup \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \def\@maketitle{% \newpage \null \vskip 2em% \begin{center}% \let \footnote \thanks {\LARGE \@title \par}% \vskip 1.5em% {\large \lineskip .5em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1em% {\large \@date}% \end{center}% \par \vskip 1.5em} \fi \setcounter{secnumdepth}{3} \newcounter {part} \newcounter {section} \newcounter {subsection}[section] \newcounter {subsubsection}[subsection] \newcounter {paragraph}[subsubsection] \newcounter {subparagraph}[paragraph] \renewcommand \thepart {\@Roman\c@part} \renewcommand \thesection {}%\@arabic\c@section} \renewcommand\thesubsection {\thesection.\@arabic\c@subsection} \renewcommand\thesubsubsection{\thesubsection .\@arabic\c@subsubsection} \renewcommand\theparagraph {\thesubsubsection.\@arabic\c@paragraph} \renewcommand\thesubparagraph {\theparagraph.\@arabic\c@subparagraph} \newcommand\part{% \if@noskipsec \leavevmode \fi \par \addvspace{4ex}% \@afterindentfalse \secdef\@part\@spart} \def\@part[#1]#2{% \ifnum \c@secnumdepth >\m@ne \refstepcounter{part}% \addcontentsline{toc}{part}{\thepart\hspace{1em}#1}% \else \addcontentsline{toc}{part}{#1}% \fi {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \ifnum \c@secnumdepth >\m@ne \Large\bfseries \partname~\thepart \par\nobreak \fi \huge \bfseries #2% \markboth{}{}\par}% \nobreak \vskip 3ex \@afterheading} \def\@spart#1{% {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \huge \bfseries #1\par}% \nobreak \vskip 3ex \@afterheading} \newcommand\section{\@startsection{section}{1}{ \z@} % {-3.5ex \@plus -1ex \@minus -.2ex}% {2.3ex \@plus.2ex}% {\normalfont\Large\bfseries}} \newcommand\subsection{\@startsection{subsection}{2}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\large\bfseries}} \newcommand\subsubsection{\@startsection{subsubsection}{3}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\normalsize\bfseries}} \newcommand\paragraph{\@startsection{paragraph}{4}{\z@}% {3.25ex \@plus1ex \@minus.2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \newcommand\subparagraph{\@startsection{subparagraph}{5}{\parindent}% {3.25ex \@plus1ex \@minus .2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \if@twocolumn \setlength\leftmargini {2em} \else \setlength\leftmargini {2.5em} \fi \leftmargin \leftmargini \setlength\leftmarginii {2.2em} \setlength\leftmarginiii {1.87em} \setlength\leftmarginiv {1.7em} \if@twocolumn \setlength\leftmarginv {.5em} \setlength\leftmarginvi {.5em} \else \setlength\leftmarginv {1em} \setlength\leftmarginvi {1em} \fi \setlength \labelsep {.5em} \setlength \labelwidth{\leftmargini} \addtolength\labelwidth{-\labelsep} \@beginparpenalty -\@lowpenalty \@endparpenalty -\@lowpenalty \@itempenalty -\@lowpenalty \renewcommand\theenumi{\@arabic\c@enumi} \renewcommand\theenumii{\@alph\c@enumii} \renewcommand\theenumiii{\@roman\c@enumiii} \renewcommand\theenumiv{\@Alph\c@enumiv} \newcommand\labelenumi{\theenumi.} \newcommand\labelenumii{(\theenumii)} \newcommand\labelenumiii{\theenumiii.} \newcommand\labelenumiv{\theenumiv.} \renewcommand\p@enumii{\theenumi} \renewcommand\p@enumiii{\theenumi(\theenumii)} \renewcommand\p@enumiv{\p@enumiii\theenumiii} \newcommand\labelitemi{\textbullet} \newcommand\labelitemii{\normalfont\bfseries \textendash} \newcommand\labelitemiii{\textasteriskcentered} \newcommand\labelitemiv{\textperiodcentered} \newenvironment{description} {\list{}{\labelwidth\z@ \itemindent-\leftmargin \let\makelabel\descriptionlabel}} {\endlist} \newcommand*\descriptionlabel[1]{\hspace\labelsep \normalfont\bfseries #1} \if@titlepage \newenvironment{abstract}{% \titlepage \null\vfil \@beginparpenalty\@lowpenalty \begin{center}% \bfseries \abstractname \@endparpenalty\@M \end{center}}% {\par\vfil\null\endtitlepage} \else \newenvironment{abstract}{% \if@twocolumn \section*{\abstractname}% \else \small \begin{center}% {\bfseries \abstractname\vspace{-.5em}\vspace{\z@}}% \end{center}% \quotation \fi} {\if@twocolumn\else\endquotation\fi} \fi \newenvironment{verse} {\let\\\@centercr \list{}{\itemsep \z@ \itemindent -1.5em% \listparindent\itemindent \rightmargin \leftmargin \advance\leftmargin 1.5em}% \item\relax} {\endlist} \newenvironment{quotation} {\list{}{\listparindent 1.5em% \itemindent \listparindent \rightmargin \leftmargin \parsep \z@ \@plus\p@}% \item\relax} {\endlist} \newenvironment{quote} {\list{}{\rightmargin\leftmargin}% \item\relax} {\endlist} \if@compatibility \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\z@ }% {\if@restonecol\twocolumn \else \newpage \fi } \else \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\@ne }% {\if@restonecol\twocolumn \else \newpage \fi \if@twoside\else \setcounter{page}\@ne \fi } \fi \newcommand\appendix{\par \setcounter{section}{0}% \setcounter{subsection}{0}% \gdef\thesection{\@Alph\c@section}} \setlength\arraycolsep{5\p@} \setlength\tabcolsep{6\p@} \setlength\arrayrulewidth{.4\p@} \setlength\doublerulesep{2\p@} \setlength\tabbingsep{\labelsep} \skip\@mpfootins = \skip\footins \setlength\fboxsep{3\p@} \setlength\fboxrule{.4\p@} \renewcommand \theequation {\@arabic\c@equation} \newcounter{figure} \renewcommand \thefigure {\@arabic\c@figure} \def\fps@figure{tbp} \def\ftype@figure{1} \def\ext@figure{lof} \def\fnum@figure{\figurename~\thefigure} \newenvironment{figure} {\@float{figure}} {\end@float} \newenvironment{figure*} {\@dblfloat{figure}} {\end@dblfloat} \newcounter{table} \renewcommand\thetable{\@arabic\c@table} \def\fps@table{tbp} \def\ftype@table{2} \def\ext@table{lot} \def\fnum@table{\tablename~\thetable} \newenvironment{table} {\@float{table}} {\end@float} \newenvironment{table*} {\@dblfloat{table}} {\end@dblfloat} \newlength\abovecaptionskip \newlength\belowcaptionskip \setlength\abovecaptionskip{10\p@} \setlength\belowcaptionskip{0\p@} \long\def\@makecaption#1#2{% \vskip\abovecaptionskip \sbox\@tempboxa{#1: #2}% \ifdim \wd\@tempboxa >\hsize #1: #2\par \else \global \@minipagefalse \hb@xt@\hsize{\hfil\box\@tempboxa\hfil}% \fi \vskip\belowcaptionskip} \DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} \DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} \DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} \DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} \DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} \DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} \DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} \DeclareRobustCommand*\cal{\@fontswitch\relax\mathcal} \DeclareRobustCommand*\mit{\@fontswitch\relax\mathnormal} \newcommand\@pnumwidth{1.55em} \newcommand\@tocrmarg{2.55em} \newcommand\@dotsep{4.5} \setcounter{tocdepth}{3} \newcommand\tableofcontents{% \section*{\contentsname \@mkboth{% \MakeUppercase\contentsname}{\MakeUppercase\contentsname}}% \@starttoc{toc}% } \newcommand*\l@part[2]{% \ifnum \c@tocdepth >-2\relax \addpenalty\@secpenalty \addvspace{2.25em \@plus\p@}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth {\leavevmode \large \bfseries #1\hfil \hb@xt@\@pnumwidth{\hss #2}}\par \nobreak \if@compatibility \global\@nobreaktrue \everypar{\global\@nobreakfalse\everypar{}}% \fi \endgroup \fi} \newcommand*\l@section[2]{% \ifnum \c@tocdepth >\z@ \addpenalty\@secpenalty \addvspace{1.0em \@plus\p@}% \setlength\@tempdima{1.5em}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth \leavevmode \bfseries \advance\leftskip\@tempdima \hskip -\leftskip #1\nobreak\hfil \nobreak\hb@xt@\@pnumwidth{\hss #2}\par \endgroup \fi} \newcommand*\l@subsection{\@dottedtocline{2}{1.5em}{2.3em}} \newcommand*\l@subsubsection{\@dottedtocline{3}{3.8em}{3.2em}} \newcommand*\l@paragraph{\@dottedtocline{4}{7.0em}{4.1em}} \newcommand*\l@subparagraph{\@dottedtocline{5}{10em}{5em}} \newcommand\listoffigures{% \section*{\listfigurename \@mkboth{\MakeUppercase\listfigurename}% {\MakeUppercase\listfigurename}}% \@starttoc{lof}% } \newcommand*\l@figure{\@dottedtocline{1}{1.5em}{2.3em}} \newcommand\listoftables{% \section*{\listtablename \@mkboth{% \MakeUppercase\listtablename}{\MakeUppercase\listtablename}}% \@starttoc{lot}% } \let\l@table\l@figure \newdimen\bibindent \setlength\bibindent{1.5em} \newenvironment{thebibliography}[1] { \section{\refname} % \@mkboth{\MakeUppercase\refname}{\MakeUppercase\refname}}% \list{}%\@biblabel{\@arabic\c@enumiv} {\settowidth\labelwidth{\@biblabel{#1}}% \leftmargin\labelwidth \advance\leftmargin\labelsep \@openbib@code \usecounter{enumiv}% \let\p@enumiv\@empty \renewcommand\theenumiv{}}%\@arabic\c@enumiv \sloppy \clubpenalty4000 \@clubpenalty \clubpenalty \widowpenalty4000% \sfcode`\.\@m} {\def\@noitemerr {\@latex@warning{Empty `thebibliography' environment}}% \endlist} \newcommand\newblock{\hskip .11em\@plus.33em\@minus.07em} \let\@openbib@code\@empty \newenvironment{theindex} {\if@twocolumn \@restonecolfalse \else \@restonecoltrue \fi \columnseprule \z@ \columnsep 35\p@ \twocolumn[\section*{\indexname}]% \@mkboth{\MakeUppercase\indexname}% {\MakeUppercase\indexname}% \thispagestyle{plain}\parindent\z@ \parskip\z@ \@plus .3\p@\relax \let\item\@idxitem} {\if@restonecol\onecolumn\else\clearpage\fi} \newcommand\@idxitem{\par\hangindent 40\p@} \newcommand\subitem{\@idxitem \hspace*{20\p@}} \newcommand\subsubitem{\@idxitem \hspace*{30\p@}} \newcommand\indexspace{\par \vskip 10\p@ \@plus5\p@ \@minus3\p@\relax} \renewcommand\footnoterule{% \kern-3\p@ \hrule\@width.4\columnwidth \kern2.6\p@} \newcommand\@makefntext[1]{% \parindent 1em% \noindent \hb@xt@1.8em{\hss\@makefnmark}#1} \newcommand\contentsname{Contents} \newcommand\listfigurename{List of Figures} \newcommand\listtablename{List of Tables} \newcommand\refname{} \newcommand\indexname{Index} \newcommand\figurename{Figure} \newcommand\tablename{Table} \newcommand\partname{Part} \newcommand\appendixname{Appendix} \newcommand\abstractname{Abstract} \def\today{\ifcase\month\or January\or February\or March\or April\or May\or June\or July\or August\or September\or October\or November\or December\fi \space\number\day, \number\year} \setlength\columnsep{10\p@} \setlength\columnseprule{0\p@} \pagestyle{plain} \pagenumbering{arabic} \if@twoside \else \raggedbottom \fi \if@twocolumn \twocolumn \sloppy \flushbottom \else \onecolumn \fi \endinput %% %% End of file `article.cls'. \ No newline at end of file diff --git a/docs/NARK/texmf-local/tex/latex/bibMake.tex b/docs/NARK/texmf-local/tex/latex/bibMake.tex deleted file mode 100755 index dd065bb4a..000000000 --- a/docs/NARK/texmf-local/tex/latex/bibMake.tex +++ /dev/null @@ -1,6 +0,0 @@ - -\write18{if [ ! -f \jobname.bib ]; then touch \jobname.bib ; fi} -\write18{if [ ! -f \jobname-Add.bib ]; then touch \jobname-Add.bib ; fi} - -\bibliographystyle{econtex} -\bibliography{\jobname,\jobname-Add,economics} diff --git a/docs/NARK/texmf-local/tex/latex/bibliography_blend.tex b/docs/NARK/texmf-local/tex/latex/bibliography_blend.tex deleted file mode 100644 index b8472bd5a..000000000 --- a/docs/NARK/texmf-local/tex/latex/bibliography_blend.tex +++ /dev/null @@ -1,55 +0,0 @@ -% Allows two (optional) supplements to hard-wired \texname.bib bibfile: -% system.bib is a default bibfile that supplies anything missing elsewhere -% Add-Refs.bib is an override bibfile that supplants anything in \texfile.bib or system.bib -\provideboolean{AddRefsExists} -\provideboolean{systemExists} -\provideboolean{BothExist} -\provideboolean{NeitherExists} -\setboolean{BothExist}{true} -\setboolean{NeitherExists}{true} - -\IfFileExists{\econtexRoot/Add-Refs.bib}{ - % then - \typeout{References in Add-Refs.bib will take precedence over those elsewhere} - \setboolean{AddRefsExists}{true} - \setboolean{NeitherExists}{false} % Default is true -}{ - % else - \setboolean{AddRefsExists}{false} % No added refs exist so defaults will be used - \setboolean{BothExist}{false} % Default is that Add-Refs and system.bib both exist -} - -% Deal with case where system.bib is found by kpsewhich -\IfFileExists{/usr/local/texlive/texmf-local/bibtex/bib/system.bib}{ - % then - \typeout{References in system.bib will be used for items not found elsewhere} - \setboolean{systemExists}{true} - \setboolean{NeitherExists}{false} -}{ - % else - \typeout{Found no system database file} - \setboolean{systemExists}{false} - \setboolean{BothExist}{false} -} - -\ifthenelse{\boolean{showPageHead}}{ %then - \clearpairofpagestyles % No header for references pages - }{} % No head has been set to clear - -\ifthenelse{\boolean{BothExist}}{ - % then use both - \typeout{bibliography{\econtexRoot/Add-Refs,\econtexRoot/\texname,system}} - \bibliography{\econtexRoot/Add-Refs,\econtexRoot/\texname,system} - % else both do not exist -}{ % maybe neither does? - \ifthenelse{\boolean{NeitherExists}}{ - \typeout{bibliography{\texname}} - \bibliography{\texname}}{ - % no -- at least one exists - \ifthenelse{\boolean{AddRefsExists}}{ - \typeout{bibliography{\econtexRoot/Add-Refs,\econtexRoot/\texname}} - \bibliography{\econtexRoot/Add-Refs,\econtexRoot/\texname}}{ - \typeout{bibliography{\econtexRoot/\texname,system}} - \bibliography{ \econtexRoot/\texname,system}} - } % end of picking the one that exists -} % end of testing whether neither exists diff --git a/docs/NARK/texmf-local/tex/latex/cvBibMake.tex b/docs/NARK/texmf-local/tex/latex/cvBibMake.tex deleted file mode 100644 index 7d20b200c..000000000 --- a/docs/NARK/texmf-local/tex/latex/cvBibMake.tex +++ /dev/null @@ -1,8 +0,0 @@ - -%\write18{if [ `kpsewhich economics.bib` != '' ]; then touch economics.bib ; fi} # This should be done only for final versions AFTER bibexport has occurred and \jobname.bib is populated -%\write18{if [ ! -f \jobname.bib ]; then touch \jobname.bib ; fi} -%\write18{if [ ! -f \jobname-Add.bib ]; then touch \jobname-Add.bib ; fi} - -%\bibliographystyle{econtex} -%\bibliography{economics,\jobname,\jobname-Add} -\bibliography{economics} diff --git a/docs/NARK/texmf-local/tex/latex/econark-make4ht.sty b/docs/NARK/texmf-local/tex/latex/econark-make4ht.sty deleted file mode 100644 index 9097face4..000000000 --- a/docs/NARK/texmf-local/tex/latex/econark-make4ht.sty +++ /dev/null @@ -1,91 +0,0 @@ -% Allows compilation for either PDF (pdflatex) or html (make4ht) - -\provideboolean{Web} -\setboolean{Web}{false} % reset to true if running via dvi; search for \ifdvi below - -% html version of document must be constructed by running pdflatex in -% dvi output mode; code below creates an ifdvi construct that detects -% whether running in dvi mode and sets the options necessary to generate -% html version of document using tex4ht - -\makeatletter -\newif\ifdvi\dvitrue -\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} -\makeatother - -% dvi compilation only occurs if making the html version -\ifdvi - \setboolean{Web}{true} - \providecommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht - \let\footnoterule\relax - % Abstract from PDF version looks bad in html; redefine - \makeatletter - \renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{5mm} - \noindent \textbf{Abstract}\\ - \indent \abstractSizeDefault - }{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - % \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{3mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{bejournal}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - \begin{quote} - \begin{Description} - \item[\textbf{~~~~~~~~~~~~Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{bejournal}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{~~~~~~~~~~~~JEL codes~}] \@jelclass - \end{Description} - } - \end{quote} - \makeatother - } -\else -% \RequirePackage{graphicx} % requiring [pdftex] seems to interfere with Pandemic build - % hyperref should be among packages already used - \hypersetup{ - hypertexnames=false, - unicode=true, - pdffitwindow = false, % Don't rescale to fit size of window - pdfpagemode=UseThumbs, - pdfstartview=FitH, - pdfnewwindow = true, % Links open in new window - pdfproducer = {pdfLaTeX with hyperref} - } - \DeclareGraphicsExtensions{.pdf} -\fi - -\definecolor{darkblue}{rgb}{0.1,0.094,0.3} -\definecolor{darkred}{rgb}{0.3,0,0} -\hypersetup{colorlinks=true, % put a box around links - linkbordercolor = {1 0 0}, % the box will be red - pdfborder = {1 0 0}, % - % bookmarks=true, % PDF will contain an index on the RHS - urlcolor=darkred, - citecolor=darkblue, - linkcolor=darkred -} - -\provideboolean{Web} -\setboolean{Web}{false} % reset to true if running via dvi; search for \ifdvi below - -% When compiling Web version of paper, construct targets/anchors -\provideboolean{showPageHead}\setboolean{showPageHead}{true} - -% if compiling as html, then do hypersetup -\ifthenelse{\boolean{Web}}{\hypersetup{destlabel=true} -}{ % else compiling as pdf so show headers on pages - \provideboolean{showPageHead}{\setboolean{showPageHead}{true}} - \usepackage{scrlayer-scrpage} % Package for page headers if PDF - \usepackage{caption} % allow suppression of appendix figures in NoAppendix PDF -} diff --git a/docs/NARK/texmf-local/tex/latex/econtex.cls b/docs/NARK/texmf-local/tex/latex/econtex.cls deleted file mode 100644 index 7906bed60..000000000 --- a/docs/NARK/texmf-local/tex/latex/econtex.cls +++ /dev/null @@ -1,415 +0,0 @@ -%%% LaTeX class for economics -%%% -%%% author: Christopher Carroll -%%% license: LaTeX Project Public License -%%% -%%% Modified from style itaxpf by Arne Henningsen -%%% version: 1.0 (09 July 2007) -%%% license: LaTeX Project Public License -%%% -%%% Further information is available at -%%% http://www.uni-kiel.de/agrarpol/ahenningsen/latex-bibtex.html -%%% -%%% This document class is based on the "scrartcl" class -%%% from the KOMA script bundle. For documentation, Google KOMA-Script Documentation -%%% -%%% The corresponding BibTeX style file "econtex.bst" should be used -%%% for the bibliography: \bibliographystyle{econtex} -%%% -%%% In addition to the options for scrartcl, this package includes an additional option -%%% titlepage = include a title page (with command "\maketitle", or "\maketitleWithForcedDate{}") -%%% -%%% If an abstract is defined by \begin{abstract}\end{abstract} before \maketitle is invoked, -%%% it will appear on the title page -%%% -%%% If the titlepage option is invoked: -%%% \keywords can be used to show keywords below the abstract -%%% \jelclass can be used to show JEL classifications below the abstract -%%% \thanks{text of the thank-you footnote} produces a footnote at the bottom of the page containing the text - -\ProvidesClass{econtex}[2017/08/01 LaTeX class for economics papers, handouts, and exam questions written by Christopher Carroll] -\NeedsTeXFormat{LaTeX2e} -% \RequirePackage{rotating} -\RequirePackage{snapshot} % Creates list of external files used by a LaTeX document -\RequirePackage{ifthen} -\RequirePackage{changepage} -\RequirePackage{currfile} % define macros to produce the filename and path -% If unspecified whether pdf output (instead of dvi) is being used, determine that it SHOULD be -\newif\ifdvi\dvitrue -\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} - -% permit double spacing -\RequirePackage{setspace} -% \doublespacing - -% option to include a title page -\newcounter{IncludeTitlePage} -\setcounter{IncludeTitlePage}{0} -\DeclareOption{titlepage}{\setcounter{IncludeTitlePage}{1}} - -% pass any options on to the scrartcl class and load this class with some options -\DeclareOption*{\PassOptionsToClass{\CurrentOption}{scrartcl}} -\ProcessOptions\relax -\LoadClass[fontsize=12pt,english,numbers=noenddot,captions=tableheading,captions=nooneline,headings=optiontocandhead]{scrartcl} -% pointlessnumbers = do not add final dot after ordinary section numbers -% tablecaptionabove = use \captionabove for captions above rather than below tables -% noonelinecaption = do not treat one-line captions differently - -% use new TeX encoding scheme (T1), which contains accented (European) letters, -% to make European hyphenations work -\RequirePackage[T1]{fontenc} - -% use babel package and set language to english -\RequirePackage[english]{babel} - -% spacing around formulas -\AtBeginDocument{ - \setlength{\abovedisplayshortskip}{6pt} - \setlength{\belowdisplayshortskip}{6pt} - \setlength{\abovedisplayskip}{6pt} - \setlength{\belowdisplayskip}{6pt} - \allowdisplaybreaks % Permits LaTeX to break long formulas across pages (?) -} - -%% Added the above info to the definition of normalsize -\def\normalsize{\@setfontsize \normalsize \@xiipt {14.5} - \abovedisplayskip 6\p@ \@plus 3\p@ \@minus 3\p@ - \belowdisplayskip \abovedisplayskip - \abovedisplayshortskip 6pt \belowdisplayshortskip 6pt - \let \@listi \@listI} -\normalsize - -% Don't indent the second and later lines of footnotes -\deffootnote[1em]{0.0em}{1em}{\textsuperscript{\thefootnotemark}} - -% spacing around captions and floats -\setlength{\abovecaptionskip}{6pt} -\setlength{\belowcaptionskip}{3pt} -\setlength{\floatsep}{0pt} -\setlength{\textfloatsep}{20pt} -\setlength{\intextsep}{15pt} - -\RequirePackage{calc} - -\newenvironment{Description} -{\begin{list}{}{\let\makelabel\Descriptionlabel - \setlength\labelwidth{75pt} - \setlength\labelsep{0pt} - \setlength\leftmargin{75pt} - \setlength\itemindent{0pt} - }} - {\end{list}} -\newcommand*\Descriptionlabel[1]{\textbf{#1}\hfil} - -\RequirePackage{cancel,verbatim, - amsmath,amssymb,amsfonts,amsthm - ,threeparttable,dcolumn,multicol,multirow,booktabs % table environment extensions - ,latexsym - ,afterpage - ,enotez - ,moreverb - ,hhline % Allow double hlines - ,tipa % Define more characters, in particular the \textthorn character - ,xcolor % Superceded color, which is WAY out of date - ,accents - ,appendix -} - -\DeclareInstance{enotez-list}{superscriptednotes}{paragraph} -{ - number = \textsuperscript{#1} -} -% to get endnotes with superscripts, use \printendnotes[superscriptednotes] - -% \RequirePackage{econtex} % Removed 20170801 because won't work when invoked from nonroot paths -% Contents of the file are pasted in below - -% ---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -% ---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -% To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -% To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -% To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -% To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -% -------------------------------------------------------- - - -\RequirePackage[mathscr]{eucal} -\RequirePackage[normalem]{ulem} -\providecommand\bmmax{0} % Prevent boldmath package from using up too much memory -\RequirePackage{bm} % Allow bold math -\RequirePackage{bbm} % Blackbord math - -% font for URLs -\RequirePackage{url} -\def\UrlFont{\ttfamily} - -\usepackage[econtex]{optional} % Enable the control of compilation using options passed on startup -\opt{EndFloats}{\RequirePackage[noheads,nolists,tablesfirst,nomarkers]{endfloat}} - -% page format, margins if PrintGeom option is invoked -\opt{PrintGeom}{ - \RequirePackage{geometry} - \geometry{letterpaper, tmargin=1.4in, bmargin=1.4in, lmargin=1.25in, - rmargin=1.25in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\opt{JournalFormatting}{ % BEJM requires 1.5 inch margins - \RequirePackage{geometry} - \geometry{letterpaper, tmargin=1.5in, bmargin=1.5in, lmargin=1.5in, - rmargin=1.5in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\providecommand{\textSizeDefault}{\normalsize} -\opt{bigWide}{\renewcommand{\textSizeDefault}{\large}} - -\providecommand{\abstractSizeDefault}{\small} -\opt{bigWide}{\renewcommand{\abstractSizeDefault}{\normalsize}} - -%% formatting section headers -\setkomafont{section}{\normalfont \Large \bfseries} -\setkomafont{subsection}{\normalfont \large} -\setkomafont{subsubsection}{\normalfont \itshape} - -% citations and bibliography -\RequirePackage[authoryear]{natbib} -\AtBeginDocument{\renewcommand{\refname}{References} - \renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} % Restore footnote defn after titlepage redefines it - \ifdvi - \else - \providecommand{\ushort}{} - \renewcommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht (which compiles using dvi) - \fi -} - -% captions of figures and tables -\setcapwidth[c]{\textwidth} -% \setcapindent*{0pt} -\setkomafont{captionlabel}{\centering \bfseries} -\setkomafont{caption}{\centering} -\renewcommand{\captionformat}{~ } - -\newcommand{\forcedate}[1]{\newcommand{\@forcedate}{#1}} - -% titlepage with title, author(s), and date - -\renewcommand{\maketitle}{ - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize \@date \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -\newcommand{\maketitleWithForcedDate}[1]{ - \ClassWarningNoLine{econtex}{\protect\maketitleWithForcedDate{} is deprecated. To set a date different from the current one, just use the \protect\date{(string desired to signify paper date)}} - - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize #1 \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -% abstract, keywords, JEL classification -\newcommand{\keywords}[1]{\newcommand{\@keywords}{#1}} -\newcommand{\jelclass}[1]{\newcommand{\@jelclass}{#1}} -\newcommand{\aspublished}[1]{\newcommand{\@aspublished}{#1}} - -\renewenvironment{abstract}{% -% \begin{spacing}{0.9} -% \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \ifdvi - \else % horizontal rule works well for PDF, not for html -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \fi - \vspace*{4mm} - \abstractSizeDefault - \noindent \textbf{Abstract}\\ - \indent - }{% -% \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \ifdvi - \else -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \fi - \vspace*{0mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{econtex}{No keywords specified. - Please use the command \protect\keywords} - }{ - } -% \end{spacing} - - \begin{quote} - \begin{Description} - \item[\textbf{Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{econtex}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{JEL codes~}] \@jelclass - } - - \end{Description} - \ifthenelse{ \isundefined\@aspublished }{ - }{ - { - - \vspace{0.1in}\@aspublished} - }\end{quote} -} - -\setcounter{footnote}{0}% - -\medskip - -% avoid clubs and widows -\clubpenalty=1000 % penalty for breaking a page with only one sentence; set to 10000 to prohibit -\widowpenalty=10000 -% \displaywidowpenalty=10000 - -\hbadness 3000 % LaTeX default is 1000, which is too finicky - set to 10000 to get rid of complaints - -% increase stretchability of the spaces (avoid overfull hboxes) -\setlength{\emergencystretch}{3em} - - -\pagestyle{plain} -\thispagestyle{empty} - -\newcommand{\titlepagefinish}{\newpage - \renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} -} - - -\RequirePackage[multiple]{footmisc} -\RequirePackage{manyfoot} -\RequirePackage{perpage} \DefineFNsymbols{blank}[text]{{} {} {} {} {}} \setfnsymbol{blank} \DeclareNewFootnote{B}[fnsymbol] \MakePerPage{footnoteB} \renewcommand{\thanks}{\footnoteB} \newcommand{\thanksFooter}{\footnoteB} - -% 20170126: perpage package conflicts with something else so is removed in econtexMake.sh - -\hfuzz2pt % Don't bother to report over-full boxes if over-edge is < 2pt - -%%%%%%%%%% Added by Amy Hendrickson, TeXnology Inc. -%% Amy change, Feb 28, 2011 ==>> - -%%% Generalization of the author and authorinfo commands, based on -%%% the original code. - -%% Sample use: -%% \author{Christopher D. Carroll\authNum \\ -%% \and -%% Jiri Slacalek\authNum \\ -%% \and -%% Martin Sommer\authNum \\ -%% \and -%% Another Name\authNum -%% \and -%% Still Another Name\authNum -%% } - -\newcounter{authornum} % Use either \num or (preferred) \authNum to denote authors -\def\num{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} -\def\authNum{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} - -%% \begin{authorsinfo}...\end{authorsinfo} - -%% Now used: -%% \begin{authorsinfo} -%% \name{First author: info} -%% \\ -%% \name{Second author: info} -%% \\ -%% \name{Third author: info} -%% (and so on for as many authors -%% as you have) -%% \end{authorsinfo} -%% (note: the \\ doesn't do anything, but makes it easier to -%% see the separate author names.) - -\newcounter{bottomauthor} -\def\authorsinfo{\global\c@bottomauthor=0\setbox0=\vbox\bgroup\footnotesize - \let\\ \relax -} - -\def\endauthorsinfo{\egroup - \footnoteB{\unvbox0} -} - -\def\name#1{\global\advance\c@bottomauthor by 1\textsuperscript{\tiny \the\c@bottomauthor}{#1}{~~~~}} - -\makeatletter -\DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} -\DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} -\DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} -\DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} -\DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} -\DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} -\DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} -\makeatother - -% Add default link for html material at github llorracc -\newcommand{\llorraccio}[1]{\href{https://llorracc.github.io/#1}{\texttt{#1}}} diff --git a/docs/NARK/texmf-local/tex/latex/econtex.sty b/docs/NARK/texmf-local/tex/latex/econtex.sty deleted file mode 100644 index 1147b1e85..000000000 --- a/docs/NARK/texmf-local/tex/latex/econtex.sty +++ /dev/null @@ -1,30 +0,0 @@ -%---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -%---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -%To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -%To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -%To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -%To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -%-------------------------------------------------------- diff --git a/docs/NARK/texmf-local/tex/latex/econtexBibMake.tex b/docs/NARK/texmf-local/tex/latex/econtexBibMake.tex deleted file mode 100644 index cb5ae56f5..000000000 --- a/docs/NARK/texmf-local/tex/latex/econtexBibMake.tex +++ /dev/null @@ -1,7 +0,0 @@ - -%\write18{if [ `kpsewhich economics.bib` != '' ]; then touch economics.bib ; fi} # This should be done only for final versions AFTER bibexport has occurred and \jobname.bib is populated -\write18{if [ ! -f \jobname.bib ]; then touch \jobname.bib ; fi} -\write18{if [ ! -f \jobname-Add.bib ]; then touch \jobname-Add.bib ; fi} - -\bibliographystyle{econtex} -\bibliography{economics,\jobname,\jobname-Add} diff --git a/docs/NARK/texmf-local/tex/latex/econtexSetup.sty b/docs/NARK/texmf-local/tex/latex/econtexSetup.sty deleted file mode 100644 index 7fd4146bc..000000000 --- a/docs/NARK/texmf-local/tex/latex/econtexSetup.sty +++ /dev/null @@ -1,239 +0,0 @@ -\RequirePackage{wasysym -,psibycus % Greek language package, including koppa -,ushort -%,lscape % Pages in landscape mode go inside \begin{landscape}\end{landscape} % CONFLICTS WITH EPSTOPDF -} - -\newenvironment{CDCPrivate} % Environment for extra material not wanted in the public document -{\marginpar{\tiny beginCDC}}{\marginpar{\tiny endCDC}} % CDCPrivate - -\provideboolean{Web} -\setboolean{Web}{false} % reset to true if running via dvi; search for \ifdvi below - -\provideboolean{bigPrint} -\setboolean{bigPrint}{true} -\setboolean{bigPrint}{false} - -\provideboolean{wideMargins} -\setboolean{wideMargins}{true} -\setboolean{wideMargins}{false} - -\provideboolean{BigAndWide} -\setboolean{BigAndWide}{true} -\setboolean{BigAndWide}{false} - -% Options to set if being run from the shell (so autocompiled) -\opt{FromShell}{ -\setboolean{bigPrint}{false} -\setboolean{wideMargins}{false} -\setboolean{BigAndWide}{false} -} - -\opt{bigWide}{ -\setboolean{bigPrint}{true} -\setboolean{wideMargins}{true} -\setboolean{BigAndWide}{true} -\providecommand{\textSizeDefault}{\large} -\providecommand{\abstractSizeDefault}{\large} -} - -\opt{Aquamacs}{ -%\setboolean{bigPrint}{true} -%\setboolean{wideMargins}{true} -%\setboolean{BigAndWide}{true} -%\providecommand{\textSizeDefault}{\large} -%\providecommand{\abstractSizeDefault}{\large} -} - -\provideboolean{KoppaOn} -\setboolean{KoppaOn}{true} -%\setboolean{KoppaOn}{false} - -\ifthenelse{\boolean{KoppaOn}}{ -\providecommand{\koppa}{\text{\greek{k+}}} -\providecommand{\Koppa}{\text{\greek{K+}}} -\providecommand{\sampi}{\text{\greek{s+}}} -\providecommand{\cigma}{\text{\greek{c+}}} -\providecommand{\Cigma}{\text{\greek{C+}}} -}{ -\def\koppa{\mathbf{q}}\providecommand{\koppa}{$\mathbf{q}$}\providecommand{\Koppa}{$\mathbf{Q}$} -} - -% Keep the elements in the argument #1 together on the same page -\newcommand{\together}[1]{\noindent\parbox{\linewidth}{#1}} - -% html version of document must be constructed by running pdflatex in -% dvi output mode; code below creates an ifdvi construct that detects -% whether running in dvi mode and sets the options necessary to generate -% html version of document using tex4ht - -%\makeatletter -%\newif\ifdvi\dvitrue -%\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} -%\makeatother - -% dvi compilation only occurs if making the html version -\ifdvi - \setboolean{Web}{true} - \RequirePackage{tex4ht} - \RequirePackage{graphicx} - \RequirePackage[tex4ht]{hyperref} - \provideboolean{bigPrint}\setboolean{bigPrint}{true} % HTM output looks better in a larger font size - \providecommand{\wideMargins}{\null{}} % Wide margins doesn't mean anything for html documents - \newcommand{\CDCFig}[1]{\centerline{\includegraphics{#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics{#1}}} - \DeclareGraphicsExtensions{.png} - \providecommand{\textSizeDefault}{\large} - \providecommand{\titlepagefinish}{\newpage\textSizeDefault} - \providecommand{\abstractSizeDefault}{\large} - \providecommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht - \let\footnoterule\relax - \makeatletter - \renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{5mm} - \noindent \textbf{Abstract}\\ - \indent \abstractSizeDefault - }{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{3mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{bejournal}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - \begin{quote} - \begin{Description} - \item[\textbf{~~~~~~~~~~~~Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{bejournal}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{~~~~~~~~~~~~JEL codes~}] \@jelclass - \end{Description} - } - \end{quote} - \makeatother - } -\else -% \RequirePackage[pdftex]{graphicx} - \RequirePackage{graphicx} % requiring [pdftex] seems to interfere with Pandemic build -% \RequirePackage[plainpages=false]{hyperref} - \RequirePackage{hyperref} % plainpages seems to mess up BST - \hypersetup{ - pdffitwindow = false, % Don't rescale to fit size of window - pdfpagemode=UseThumbs, - pdfstartview=FitH, - pdfnewwindow = true, % Links open in new window - pdfproducer = {pdfLaTeX with hyperref} - } - \providecommand{\wideMargins}{\usepackage[twoside,marginparwidth=0in,left=0.5in,right=0.5in,top=0.5in,bottom=0.5in]{geometry}\usepackage{layouts}} - \ifthenelse{\boolean{wideMargins}}{\wideMargins}{} - \newcommand{\CDCFig}[1]{\centerline{\includegraphics[width=0.75\textwidth]{../Figures/#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics[width=7.8in,height=5.5in]{../Figures/#1}}} - \DeclareGraphicsExtensions{.pdf} - \ifthenelse{\boolean{bigPrint}}{\renewcommand{\titlepagefinish}{\newpage\large}}{} -\fi - -\newcolumntype{d}[1]{D{.}{.}{#1}} % Seems to need to come after hyperref - -\definecolor{darkblue}{rgb}{0.1,0.094,0.3} -\definecolor{darkred}{rgb}{0.3,0,0} -\hypersetup{colorlinks=true, % put a box around links - linkbordercolor = {1 0 0}, % the box will be red - pdfborder = {1 0 0}, % -% bookmarks=true, % PDF will contain an index on the RHS - urlcolor=darkred, - citecolor=darkblue, - linkcolor=darkred -} - -%% Define the title table as different from the regular table - -%\let\tabularTitle\tabular -%\let\endtabularTitle\endtabular - -%\newenvironment{tabularTitle}{\tabularTitle}{\endtabularTitle} -\newenvironment{tabularTitle}{\tabular}{\endtabular} - -\providecommand{\SolvingMicroDSOPs}{\href{http://www.econ2.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}{SolvingMicroDSOPs}} - -\newcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Consumption/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutF}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1.pdf}{\texttt{#1}}} -\newcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList.pdf}{\texttt{MathFacts}}} -\newcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/#1}{\texttt{#1}}} -\newcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation.pdf}{\texttt{Aggregation}}} - - -% If doing a web version, renewcommands link to the html versions of handouts -\ifdvi -\renewcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/#1}{\texttt{#1}}} -\renewcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1}{\texttt{#1}}} -\renewcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1}{\texttt{#1}}} -\renewcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1}{\texttt{#1}}} -\renewcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/#1}{\texttt{#1}} -} -\fi -\renewcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{MathFacts}}} -\renewcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation/}{\texttt{Aggregation}}} - -% Generic starting text for MathFactsList generated file -\message{Including MathFactsList.defs} -\providecommand{\ELogNormMeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ArithmeticVSGeometric}{\ensuremath{\mathtt{[ArithmeticVSGeometric]}}}} -\providecommand{\CRRALim}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#CRRALim}{\ensuremath{\mathtt{[CRRALim]}}}} -\providecommand{\ELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNorm}{\ensuremath{\mathtt{[ELogNorm]}}}} -\providecommand{\ELogNormMeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormMeanOne}{\ensuremath{\mathtt{[ELogNormMeanOne]}}}} -\providecommand{\ELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormTimes}{\ensuremath{\mathtt{[ELogNormTimes]}}}} -\providecommand{\EulersTheorem}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#EulersTheorem}{\ensuremath{\mathtt{[EulersTheorem]}}}} -\providecommand{\ExpEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpEps}{\ensuremath{\mathtt{[ExpEps]}}}} -\providecommand{\ExpPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpPlus}{\ensuremath{\mathtt{[ExpPlus]}}}} -\providecommand{\FinSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSum}{\ensuremath{\mathtt{[FinSum]}}}} -\providecommand{\FinSumMult}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSumMult}{\ensuremath{\mathtt{[FinSumMult]}}}} -\providecommand{\InfSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSum}{\ensuremath{\mathtt{[InfSum]}}}} -\providecommand{\InfSumMult}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSumMult}{\ensuremath{\mathtt{[InfSumMult]}}}} -\providecommand{\LogELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNorm}{\ensuremath{\mathtt{[LogELogNorm]}}}} -\providecommand{\LogELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNormTimes}{\ensuremath{\mathtt{[LogELogNormTimes]}}}} -\providecommand{\LogEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogEps}{\ensuremath{\mathtt{[LogEps]}}}} -\providecommand{\LogMeanMPS}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogMeanMPS}{\ensuremath{\mathtt{[LogMeanMPS]}}}} -\providecommand{\MeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MeanOne}{\ensuremath{\mathtt{[MeanOne]}}}} -\providecommand{\MultPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MultPlus}{\ensuremath{\mathtt{[MultPlus]}}}} -\providecommand{\NormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#NormTimes}{\ensuremath{\mathtt{[NormTimes]}}}} -\providecommand{\OverPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#OverPlus}{\ensuremath{\mathtt{[OverPlus]}}}} -\providecommand{\SmallSmallZero}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SmallSmallZero}{\ensuremath{\mathtt{[SmallSmallZero]}}}} -\providecommand{\SumNormsIsNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SumNormsIsNorm}{\ensuremath{\mathtt{[SumNormsIsNorm]}}}} -\providecommand{\TaylorOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorOne}{\ensuremath{\mathtt{[TaylorOne]}}}} -\providecommand{\TaylorTwo}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorTwo}{\ensuremath{\mathtt{[TaylorTwo]}}}} -\RequirePackage{ifthen} - -\provideboolean{AnswersTF}\setboolean{AnswersTF}{false} % Default is no answers; run with \UseOption{Answers} from shell to generate answers - - -\provideboolean{ExamQ} -\setboolean{ExamQ}{false} -\newcommand{\ifExamQuestion}{\ifthenelse{\boolean{ExamQ}}} - -\provideboolean{SpaceBetweenAnswers} -\setboolean{SpaceBetweenAnswers}{true} -\providecommand{\AnswerOrBlankSpace}{\ifthenelse{\boolean{SpaceBetweenAnswers}}} - -\opt{Answers}{\provideboolean{AnswersTF}\setboolean{AnswersTF}{true}} - -\newcommand{\ifAnswers}{\ifthenelse{\boolean{AnswersTF}}} -\newcommand{\answer}[2]{\ifthenelse{\boolean{AnswersTF}}{ - -{\it Answer:} -\begin{quote} -#1 -\end{quote} -} -{#2}} diff --git a/docs/NARK/texmf-local/tex/latex/econtexShortcuts.sty b/docs/NARK/texmf-local/tex/latex/econtexShortcuts.sty deleted file mode 100755 index 058fdb7dc..000000000 --- a/docs/NARK/texmf-local/tex/latex/econtexShortcuts.sty +++ /dev/null @@ -1,658 +0,0 @@ -% -*- mode: LaTeX; TeX-PDF-mode: t; -*- # Tell emacs the file type (for syntax coloring) -\usepackage{econark} - -\providecommand{\constr}[1]{\grave{#1}} % alternative to \cnstr from econark which is preferred - -\providecommand{\aAgg}{{\mathsf{A}}} -\providecommand{\aboveMin}{\blacktriangle} -\providecommand{\adjPar}{{\omega}} -\providecommand{\adj}{{\mathrm{j}}} -\providecommand{\aE}{\aRat^{e}} -\providecommand{\aFunc}{{\mathrm{a}}} -\providecommand{\Age}{{Z}} -\providecommand{\age}{{z}} -\providecommand{\Agg}{\bar} -\providecommand{\ALevBF}{{\mathbf{A}}} -\providecommand{\aLevBF}{{\mathbf{a}}} -\providecommand{\ALev}{{A}} -\providecommand{\aLev}{{a}} -\providecommand{\Alive}{{\aleph}} -\providecommand{\Alt}{\grave} -\providecommand{\aMin}{{\underline{\aRat}}} -\providecommand{\ARat}{{A}} -\providecommand{\aRat}{{a}} -\providecommand{\ARat}{{A}} -\providecommand{\aRat}{{a}} -%\providecommand{\aRatBF}{{\pmb{a}}} -\providecommand{\ASS}{{{A}}} -\providecommand{\aSS}{{{a}}} -\providecommand{\ATarg}{{\check{A}}} -\providecommand{\aTarg}{{\check{a}}} -\providecommand{\BE}{\BRat^{e}} -\providecommand{\bE}{\bRat^{e}} -\providecommand{\BLevBF}{{\mathbf{B}}} -\providecommand{\bLevBF}{{\mathbf{b}}} -\providecommand{\BLevE}{{\BLev^{e}}} -\providecommand{\bLevE}{{\bLev^{e}}} -\providecommand{\BLevU}{{\BLev^{u}}} -\providecommand{\bLevU}{{\bLev^{u}}} -\providecommand{\BLev}{{B}} -\providecommand{\bLev}{{b}} -\providecommand{\bMin}{{\underline{\bRat}}} -\providecommand{\bRatE}{{b}^{e}} -\providecommand{\BRatE}{{B}^{e}} -\providecommand{\bRatU}{{b}^{u}} -\providecommand{\BRat}{{B}} -\providecommand{\bRat}{{b}} -\providecommand{\bRatBF}{{\pmb{\mathrm{b}}}} -\providecommand{\bTargE}{{\check{b}^{e}}} -\providecommand{\BTargTarg}{\Target{\Target{\BRat}}} -\providecommand{\bTargTarg}{\Target{\Target{\bRat}}} -\providecommand{\BTarg}{{\check{B}}} -\providecommand{\bTarg}{{\check{b}}} -\providecommand{\BU}{{B}^{u}} -\providecommand{\bU}{{b}^{u}} -\providecommand{\cAgg}{{\pmb{C}}} -\providecommand{\CARA}{{\alpha}} -\providecommand{\ccRat}{{\mathsf{c}}} -\providecommand{\CDF}{{\mathcal{F}}} -\providecommand{\CEndFunc}{{\mathfrak{C}}} -\providecommand{\cEndFunc}{{\mathfrak{c}}} -\providecommand{\cEss}{{c}^{e}} -\providecommand{\CE}{\CRat^{e}} -\providecommand{\cE}{\cRat^{e}} -\providecommand{\cFuncAbove}{{\bar{\mathrm{c}}}} -\providecommand{\cFuncBelow}{{\uline{\mathrm{c}}}} -\providecommand{\cFuncMax}{{\bar{\bar{\mathrm{c}}}}} -\providecommand{\CFunc}{{\mathrm{C}}} -\providecommand{\cFunc}{{\mathrm{c}}} -\providecommand{\cFunc}{{\mathrm{c}}} -\providecommand{\CGroOverG}{{\Upsilon}} -\providecommand{\CGroOverR}{{\Phi}} -\providecommand{\CGroPF}{{\Lambda}} -\providecommand{\cGroPF}{{\lambda}} -\providecommand{\CGroPS}{{\chi}} % Precautionary Saving boost to consumption growth -\providecommand{\chiFunc}{\pmb{\chi}} -\providecommand{\Chi}{{\mathrm{X}}} % capital chi is sometimes useful, and not native to LaTeX -\providecommand{\CLevBF}{{\mathbf{C}}} -\providecommand{\cLevBF}{{\mathbf{c}}} -\providecommand{\CLevE}{\CLev^{e}} -\providecommand{\cLevE}{\cLev^{e}} -\providecommand{\cLevFunc}{{\pmb{\cFunc}}} -\providecommand{\CLevU}{\CLev^{u}} -\providecommand{\cLevU}{\cLev^{u}} -\providecommand{\cLev}{{c}} -\providecommand{\CLev}{{C}} -\providecommand{\Cons}{{C}} -\providecommand{\cons}{{c}} -\providecommand{\corr}{\varrho} -\providecommand{\cPDVFunc}{{\mathbb{C}}} -\providecommand{\CPDV}{{\text{PDV($C$)}}} -\providecommand{\cPPP}{\cons^{\prime\prime\prime}} -\providecommand{\cPP}{\cons^{\prime\prime}} -\providecommand{\cP}{\cons^{\prime}} -\providecommand{\cRatBF}{{\pmb{c}}} -\providecommand{\CRatE}{\CRat^{e}} -\providecommand{\cRatE}{\cRat^{e}} -\providecommand{\CRatU}{\CRat^{u}} -\providecommand{\cRatU}{\cRat^{u}} -\providecommand{\CRat}{{C}} -\providecommand{\cRat}{{c}} -\providecommand{\CRRA}{{\rho}} -\providecommand{\CTargE}{\CTarg^{\null}} -\providecommand{\cTargE}{{\Target{c}^{e}}} -\providecommand{\cTargTarg}{\Target{\Target{\cRat}}} -\providecommand{\CTarg}{{\Target{C}}} -\providecommand{\cTarg}{{\Target{c}}} -\providecommand{\curr}{1} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\Curr}{t} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\CU}{\CRat^{u}} -\providecommand{\cU}{\cRat^{u}} -\providecommand{\dRat}{{d}} -\providecommand{\debtLim}{\mathsf{d}} -\providecommand{\Debt}{{D}} -\providecommand{\debt}{{d}} -\providecommand{\DeprFac}{{\daleth}} -\providecommand{\Depr}{{\daleth}} -\providecommand{\depr}{{\delta}} -\providecommand{\deprRte}{{\delta}} % New -\providecommand{\DiscAltuAdj}{{\underline{\underline{\beth}}}} -\providecommand{\DiscAlt}{{\beth}} -\providecommand{\Discount}{{\beta}} -\providecommand{\DiscRate}{{\vartheta}} -\providecommand{\DiscRte}{{\vartheta}} % New -\providecommand{\discRte}{{\vartheta}} % New -\providecommand{\DiscFac}{{\beta}} % New -\providecommand{\DivGro}{{\mathrm{G}}} -\providecommand{\divGro}{{\mathsf{g}}} -\providecommand{\Div}{{D}} -% \providecommand{\div}{{d}} reserved for divide -\providecommand{\DLev}{{D}} -\providecommand{\Dvdnd}{{\mathbf{D}}} -\providecommand{\dvdnd}{{d}} -\providecommand{\edvdnd}{\grave{\dvdnd}} -\providecommand{\EEndMap}{{\mathsf{E}}} -\providecommand{\effUnits}{{X}} -\providecommand{\eFunc}{{\mathrm{e}}} -\providecommand{\ELev}{{E}} -\providecommand{\ek}{{\lambda}} -\providecommand{\EmpGro}{{\Xi}} -\providecommand{\empGro}{{\xi}} -\providecommand{\empState}{\xi} % employment state indicator variable -\providecommand{\EpremLog}{\varphi} % Not using regular \eprem because want to distinguish between \varphi = log E_{t}[\Phi_{t+1}] and \phi_{t} = E[\log \Phi_{t}] -\providecommand{\EPrem}{\pmb{\varphi}} % equity premium -\providecommand{\eprem}{\phi} % log equity premium -\providecommand{\EpShkInv}{\Ex[\pShk^{-1}]} -\providecommand{\erate}{{\cancel{\mho}}} -\providecommand{\error}{{\epsilon}} -\providecommand{\Err}{{Z}} -\providecommand{\err}{{z}} -\providecommand{\err}{{z}} -\providecommand{\Estdr}{{\sigma_{\risky}}} % Standard deviation of log return on risky asset -\providecommand{\Evarr}{{\sigma_{\risky}^{2}}} % Variance of log return on risky asset -\providecommand{\EVarr}{\sigma_{\Risky}^{2}} % Variance of level return on risky asset (when returns norm dist) -\providecommand{\expend}{{\xi}} -%\providecommand{\Ex}{{\mathbb{E}}} % Expectations operator defined in econtex.cls -\providecommand{\FDist}{{\mathcal{F}}} -\providecommand{\fDist}{{\mathcal{f}}} -\providecommand{\FFunc}{{\mathrm{F}}} -\providecommand{\fFunc}{{\mathrm{f}}} -\providecommand{\FLev}{{F}} -\providecommand{\fLev}{{f}} -\providecommand{\fPP}{{\mathrm{f}^{\prime\prime}}} -\providecommand{\FPP}{{\mathrm{F}^{\prime\prime}}} -\providecommand{\fP}{{\mathrm{f}^{\prime}}} -\providecommand{\FP}{{\mathrm{F}^{\prime}}} -\providecommand{\GLev}{{G}} -\providecommand{\GovNW}{{N}} -\providecommand{\govNW}{{n}} -\providecommand{\GovSpend}{{X}} -\providecommand{\govSpend}{{x}} -\providecommand{\Habit}{{H}} -\providecommand{\Habit}{{H}} -\providecommand{\habit}{{h}} -\providecommand{\Ham}{{\mathcal{H}}} % Hamiltonian -\providecommand{\HARKcore}{\texttt{HARKcore}} -\providecommand{\hEndMin}{{\underline{\mathfrak{h}}}} -\providecommand{\hEnd}{{\mathfrak{h}}} -\providecommand{\hFunc}{{\mathrm{h}}} -\providecommand{\Hi}{\hat} -\providecommand{\HLevBF}{{\mathbf{H}}} -\providecommand{\hLevBF}{{\mathbf{h}}} -\providecommand{\HLev}{{H}} -\providecommand{\hLev}{{h}} -\providecommand{\hMin}{{\underline{\h}}} -\providecommand{\HMin}{{\underline{H}}} -\providecommand{\hours}{{\mathfrak{h}}} -\providecommand{\Hours}{{\mathfrak{H}}} -\providecommand{\HRat}{{H}} -\providecommand{\hRat}{{h}} -%\providecommand{\h}{{h}} -\providecommand{\iFunc}{{\mathrm{i}}} -\providecommand{\IFunc}{{\mathrm{I}}} -\providecommand{\ILev}{{I}} -\providecommand{\iLev}{{i}} -\providecommand{\impg}{{\imath}_{\pGro}} -\providecommand{\ImpG}{{\Im}_{\PGro}} -\providecommand{\impr}{{\imath}_{\rfree}} -\providecommand{\ImpR}{{\Im}_{\Rfree}} -\providecommand{\Inc}{{Y}} -\providecommand{\inc}{{y}} -\providecommand{\InvEpShkInv}{\underline{\psi}} -\providecommand{\Inv}{{I}} -\providecommand{\inv}{{i}} -\providecommand{\IRat}{{I}} -\providecommand{\iRat}{{i}} -\providecommand{\itc}{{\zeta}} -\providecommand{\jFunc}{{\mathrm{j}}} -\providecommand{\JLev}{{J}} -\providecommand{\kapRent}{{\varkappa}} -\providecommand{\kapShare}{{\alpha}} -\providecommand{\Kap}{{K}} -\providecommand{\kap}{{k}} -\providecommand{\KFunc}{{\mathrm{K}}} -\providecommand{\kFunc}{{\mathrm{k}}} -\providecommand{\KLevBF}{{\mathbf{K}}} -\providecommand{\kLevBF}{{\mathbf{k}}} -\providecommand{\KLev}{{K}} -\providecommand{\kLev}{{k}} -\providecommand{\kPriceAfterITC}{{\mathscr{P}}} -\providecommand{\kPrice}{{\mathsf{P}}} -\providecommand{\KRat}{{K}} -\providecommand{\kRat}{{k}} -\providecommand{\kTargE}{{\Target{k}^{e}}} -\providecommand{\kTarg}{{\Target{k}}} -\providecommand{\labor}{{\ell}} % -\providecommand{\Labor}{{L}} -\providecommand{\labShare}{{\nu}} -\providecommand{\Leisure}{Z} % -\providecommand{\leisure}{z} % -\providecommand{\leiShare}{{\zeta}} % -\providecommand{\LGro}{{\Lambda}} -\providecommand{\lGro}{{\lambda}} -\providecommand{\LLevBF}{{\mathbf{L}}} -\providecommand{\lLevBF}{{\pmb{\ell}}} -\providecommand{\lLev}{{\ell}} -\providecommand{\LLev}{{L}} -\providecommand{\Lo}{\check} -\providecommand{\LRat}{{L}} -\providecommand{\MaxMaxMPC}{{\bar{\bar{\kappa}}}} -\providecommand{\MaxMinMPC}{{\hat{\underline{\kappa}}}} -\providecommand{\MaxMPC}{{\bar{\kappa}}} -\providecommand{\MaxMPS}{{\PatR}} -\providecommand{\Mean}{{\mathbb{M}}} % Mean -\providecommand{\mEss}{\check{m}^{e}} -\providecommand{\ME}{\MRat^{e}} -\providecommand{\mE}{\mRat^{e}} -\providecommand{\mFunc}{{\mathrm{m}}} -\providecommand{\MinMinMPC}{{\underline{\kappa}}} -\providecommand{\MinMPC}{{\uline{\kappa}}} -\providecommand{\MinMPS}{{\pZero^{1/\CRRA} \PatR}} -\providecommand{\MLevBF}{{\mathbf{M}}} -\providecommand{\mLevBF}{{\mathbf{m}}} -\providecommand{\mLevBF}{{\mathbf{m}}} -\providecommand{\mLevE}{\mLev^{e}} -\providecommand{\MLev}{{M}} -\providecommand{\mLev}{{m}} -\providecommand{\Mod}{\tilde} -\providecommand{\MPCE}{\MPC^{e}} -\providecommand{\MPCFunc}{{\pmb{\kappa}}} -\providecommand{\MPCPPF}{{\Pi}} -\providecommand{\MPCP}{{\pi}} -\providecommand{\MPCU}{\MPC^{u}} -\providecommand{\MPC}{{\kappa}} -\providecommand{\MPSFunc}{{\pmb{lambda}}} -\providecommand{\MPS}{{\lambda}} -\providecommand{\MRatE}{\MRat^{e}} -\providecommand{\mRatE}{\mRat^{e}} -\providecommand{\MRat}{{M}} -\providecommand{\mRat}{{m}} -%\providecommand{\mRatBF}{{\pmb{\mathrm{m}}}} -\providecommand{\MSS}{{\breve{M}}} -\providecommand{\mSS}{{\breve{m}}} -\providecommand{\mTarg}{\check{m}} -\providecommand{\MU}{{M}^{u}} -\providecommand{\mU}{{m}^{u}} -%\providecommand{\m}{{m}} -%\providecommand{\M}{{M}} -%\providecommand{\next}{2} % via search-and-replace -\providecommand{\Next}{t+1} % -\providecommand{\nFunc}{{\mathrm{n}}} -\providecommand{\NLev}{{N}} -\providecommand{\nLev}{{n}} -\providecommand{\NRat}{{N}} -\providecommand{\nRat}{{n}} -\providecommand{\Num}{{N}} -\providecommand{\nIter}{{n}} -\providecommand{\OLevBF}{{\mathbf{O}}} -\providecommand{\oLevBF}{{\mathbf{o}}} -\providecommand{\OLev}{{O}} -\providecommand{\oLev}{{\pmb{o}}} -\providecommand{\ORat}{{O}} -\providecommand{\oRat}{{o}} -\providecommand{\Pareto}{\zeta} -\providecommand{\PatPGroAdj}{\text{\pmb{\Thorn}}_{\underline{\PGro}}} -\providecommand{\patpGroAdj}{\text{\thorn}_{\underline{\pGro}}} -\providecommand{\patpGrohat}{\hat{\text{\thorn}}_{\pGro}} -\providecommand{\PatPGro}{\text{\pmb{\Thorn}}_{\PGro}} -\providecommand{\patpGro}{\text{\thorn}_{\pGro}} -\providecommand{\PatR}{\text{\pmb{\Thorn}}_{\Rfree}} -\providecommand{\patr}{\text{\thorn}_{\rfree}} -\providecommand{\PatU}{\text{\pmb{\Thorn}}_{\urate}} -\providecommand{\patu}{\text{\thorn}_{\urate}} -\providecommand{\PatWGro}{\text{\pmb{\Thorn}}_{\WGro}} -\providecommand{\patwGro}{\text{\thorn}_{\wGro}} -\providecommand{\Pat}{\text{\pmb{\Thorn}}} -\providecommand{\pat}{\text{\thorn}} -\providecommand{\pDeadRate}{{\grave{\cancel{\mathsf{d}}}}} -\providecommand{\pDead}{{\mathfrak{D}}} -\providecommand{\pDieRate}{{\grave{\mathsf{d}}}} -\providecommand{\pDies}{{\mathsf{d}}} % Continuous time death rate -\providecommand{\PDies}{{\mathsf{D}}} % Discrete-time one-period death rate -\providecommand{\diePrb}{{\mathsf{d}}} % Continuous time death rate -\providecommand{\DiePrb}{{\mathsf{D}}} % Discrete-time one-period death rate -\providecommand{\PDV}{{\mathbb{P}}} % PDV -\providecommand{\PGroAdj}{{\underline{\PGro}}} -\providecommand{\pGroAdj}{{\underline{\pGro}}} -\providecommand{\PGrouAdj}{{\underline{\underline{\PGro}}}} -\providecommand{\pGrouAdj}{{\underline{\underline{{\pGro}}}}} -\providecommand{\PGro}{{\Gamma}} -\providecommand{\pGro}{{\gamma}} -\providecommand{\PermGroFac}{{\pmb{\Gamma}}} % Econ-ARK -\providecommand{\PermGroRte}{{\pmb{\gamma}}} % Econ-ARK -\providecommand{\permGroFac}{{\Gamma}} % Econ-ARK -\providecommand{\permGroRte}{{\gamma}} % Econ-ARK -%\providecommand{\phiFunc}{{\digamma}} -\providecommand{\PIHMPC}{{\varkappa}} -\providecommand{\PInc}{{P}} -\providecommand{\PLabor}{{P}} % Permanent labor income in levels -\providecommand{\Plabor}{P} % Permanent labor income in levels -\providecommand{\PLevBF}{{\mathbf{P}}} -\providecommand{\pLevBF}{{\mathbf{p}}} -\providecommand{\PLev}{{P}} -\providecommand{\pLog}{{p}} -\providecommand{\pLev}{{\pmb{p}}} -\providecommand{\PLev}{{P}} -\providecommand{\LivPrb}{{\cancel{\DiePrb}}} -\providecommand{\livPrb}{{\cancel{\diePrb}}} -\providecommand{\PLives}{{\cancel{\PDies}}} -\providecommand{\pLives}{{\cancel{\pDies}}} -%\providecommand{\pNotZero}{{\cancel{\wp}}} -\providecommand{\pNotZero}{(1-\pZero)} -\providecommand{\PopE}{\mathcal{E}} -\providecommand{\popE}{e} -\providecommand{\PopGro}{{\Xi}} -\providecommand{\popGro}{{\xi}} -\providecommand{\PopLev}{{\pmb{N}}} -\providecommand{\PopU}{\mathcal{U}} -\providecommand{\Pop}{{L}} -\providecommand{\PostITC}{{\cancel{\zeta}}} -\providecommand{\power}{{\eta}} -\providecommand{\pPDVFunc}{{\mathbb{P}}} -\providecommand{\PPDV}{{\text{PDV($P$)}}} -\providecommand{\pRat}{{p}} -\providecommand{\Price}{{\mathsf{P}}} -\providecommand{\ProdFunc}{{\mathrm{F}}} -\providecommand{\ProdFunc}{{\mathrm{F}}} -\providecommand{\prodFunc}{{\mathrm{f}}} -\providecommand{\prudEx}{{\omega}} -\providecommand{\prud}{{\eta}} -\providecommand{\pSav}{{\phi}} -\providecommand{\pShkMin}{\underline{\psi}} % -\providecommand{\PShk}{\Psi} % -\providecommand{\PermShkAgg}{\Psi} % New -\providecommand{\PermShk}{\Psi} % New -\providecommand{\permShk}{\psi} % New -\providecommand{\pShk}{\psi} % -\providecommand{\permShkInd}{\psi} % New -\providecommand{\pshk}{\psi} % -\providecommand{\PtyGro}{{\Phi}} -\providecommand{\PtyGro}{{\Phi}} -\providecommand{\ptyGro}{{\phi}} -\providecommand{\PtyLab}{{\mathrm{Z}}} % Labor productivity -\providecommand{\ptyLab}{{z}} % usually, log of \PtyLab -\providecommand{\PtyLev}{{A}} % Multiplies overall production function -\providecommand{\ptyLev}{{a}} % Usually, log of \PtyLev -\providecommand{\pZero}{{\wp}} -\providecommand{\QLev}{{Q}} -\providecommand{\q}{{\koppa}} -\providecommand{\RCpnd}{{\mathbf{R}}} -\providecommand{\RevFunc}{{\pmb{\Pi}}} -\providecommand{\revFunc}{{\pmb{\pi}}} -\providecommand{\Rev}{{\Pi}} -\providecommand{\rev}{{\pi}} -\providecommand{\rfree}{{\mathsf{r}}} % The net return on the safe asset at an annual rate -\providecommand{\Rfree}{{\mathsf{R}}} % The return factor on the safe asset - unfortunately mathfrak fonts don't come through for tth -\providecommand{\RfreeAgg}{{\bar{\Rfree}}} -\providecommand{\RFunc}{{\mathrm{R}}} -\providecommand{\RGross}{{\breve{\mathsf{R}}}} -\providecommand{\rGross}{{\breve{\mathsf{r}}}} -%\providecommand{\RiskyAlt}{{\acute{\mathbf{R}}}} % The return on the risky asset -\providecommand{\RiskyAlt}{{\pmb{\mathfrak{R}}}} % The return on the risky asset -% \providecommand{\riskyAlt}{{\acute{\mathbf{r}}}} % The net return on the risky asset annual rate -\providecommand{\riskyAlt}{{\pmb{\mathfrak{r}}}} % The net return on the risky asset annual rate -\providecommand{\riskyshare}{{\varsigma}} -\providecommand{\Risky}{{\mathbf{R}}} % The return on the risky asset -\providecommand{\risky}{{\mathbf{r}}} % The net return on the risky asset annual rate -\providecommand{\RLev}{{R}} % Rate of return (but better to use \Rfree or \Risky or something else more specific -\providecommand{\RnormWGro}{{\mathcal{R}_{\WGro}}} % Normalized version of riskless return factor -\providecommand{\rnormwGro}{{\mathit{r}_{\wGro}}} % Normalized version of riskless rate of return -\providecommand{\Rnorm}{{\mathcal{R}}} % Normalized version of riskless return factor -\providecommand{\rnorm}{{\mathit{r}}} % Normalized version of riskless rate of return -\providecommand{\Rport}{{\tilde{R}}} % Portfolio -weighted return -\providecommand{\rport}{{\tilde{r}}} -\providecommand{\Rprod}{{\mathscr{R}}} -\providecommand{\rprod}{{\mathscr{r}}} -\providecommand{\rProd}{{\mathsf{r}}} -\providecommand{\RProd}{{\mathsf{R}}} -\providecommand{\RSave}{{\underline{\Rfree}}} -\providecommand{\rsave}{{\underline{\rfree}}} -\providecommand{\RBoro}{{\bar{\Rfree}}} -\providecommand{\rboro}{{\bar{\rfree}}} -%\providecommand{\R}{\Rfree} -\providecommand{\saveRate}{\grave{s}} % saving (income minus consumption) over income -\providecommand{\Save}{S} % Saving (income minus consumption) -\providecommand{\save}{s} % saving (income minus consumption) -\providecommand{\SDF}{\MLev} % Stochastic Discount Factor -\providecommand{\sdr}{\mRat} % Stochastic Discount rate -\providecommand{\Seniority}{{\mathsf{X}}} -\providecommand{\seniority}{{\mathsf{x}}} -\providecommand{\SeverancePayment}{{\mathcal{S}}} -\providecommand{\SeveranceRatio}{{\varsigma}} -%\providecommand{\Severance}{{\varsigma}} -\providecommand{\Severance}{\kappa} -\providecommand{\SE}{\SRat^{e}} -\providecommand{\sE}{\sRat^{e}} -\providecommand{\sFunc}{{\mathrm{s}}} -\providecommand{\shk}{\phi} -\providecommand{\Shk}{\Phi} -\providecommand{\ShkLogZeroLogStd}{\sigma_{\cancel{\ShkMeanOneLog}}} % Std of that shock -\providecommand{\ShkLogZeroLogVar}{\sigma_{\cancel{\ShkMeanOneLog}}^{2}} % Variance of that shock -\providecommand{\ShkLogZeroLog}{\cancel{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkLogZero}{\cancel{\ShkMeanOne}} % A shock whose expectation in logs is zero; cancellation of the nonzero mean for the mean one shock -\providecommand{\ShkMeanOneLogStd}{\sigma_{\ShkMeanOneLog}} % Std of that shock -\providecommand{\ShkMeanOneLogVar}{\sigma^{2}_{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkMeanOneLog}{\theta} % Log of that shock -\providecommand{\ShkMeanOne}{\Theta} % A shock whose expectation in levels is always equal to one regardless of variance -\providecommand{\SLevBF}{\mathbf{S}} -\providecommand{\sLevBF}{\mathbf{s}} -\providecommand{\SLevE}{\SLev^{e}} -\providecommand{\sLevE}{\sLev^{e}} -\providecommand{\SLevU}{\SLev^{u}} -\providecommand{\sLevU}{\sLev^{u}} -\providecommand{\SLev}{{S}} -\providecommand{\sLev}{{s}} -\providecommand{\srate}{{\varsigma}} -\providecommand{\SRatE}{\SRat^{e}} -\providecommand{\sRatE}{\sRat^{e}} -\providecommand{\SRatU}{\SRat^{u}} -\providecommand{\sRatU}{\sRat^{u}} -\providecommand{\SRat}{{S}} -\providecommand{\sRat}{{s}} -\providecommand{\STargE}{\Target{\SRat}^{\null}} -\providecommand{\sTargE}{\Target{\sRat}^{\null}} -\providecommand{\STargTarg}{\Target{\Target{\SRat}}} -\providecommand{\sTargTarg}{\Target{\Target{\sRat}}} -\providecommand{\STarg}{\Target{\SRat}} -\providecommand{\sTarg}{\Target{\sRat}} -\providecommand{\Steady}{\bar} -\providecommand{\Stocks}{{S}} -\providecommand{\stocks}{{s}} -\providecommand{\straight}{\Pi} -\providecommand{\Surplus}{{Z}} -\providecommand{\surplus}{{z}} -\providecommand{\SU}{\SRat^{u}} -\providecommand{\sU}{\sRat^{u}} -\providecommand{\Target}{\check} -\providecommand{\TaxCombInv}{{\mathcal{T}^{-1}}} -\providecommand{\TaxComb}{{\mathcal{T}}} -\providecommand{\TaxCorp}{{\Large \tau}} -\providecommand{\taxCorp}{{\tau}} -\providecommand{\taxDep}{{\partial}} -\providecommand{\TaxFree}{{\cancel{\Tax}}} -\providecommand{\TaxLev}{T} -\providecommand{\TaxNetTrans}{{Z}} -\providecommand{\taxNetTrans}{{z}} -\providecommand{\TaxPaid}{{T}} -\providecommand{\TaxRate}{{t}} -\providecommand{\TaxUI}{{\tau}} -\providecommand{\Tax}{{\tau}} -\providecommand{\tax}{\tau} -\providecommand{\tBak}{{\pmb{n}}} -\providecommand{\TEatBak}{{\mathtt{q}}} -\providecommand{\TEat}{{\TEnd}} -\providecommand{\TEndBak}{{\mathsf{p}}} -\providecommand{\TEnd}{{T}} -\providecommand{\TermTime}{{T}} -\providecommand{\tFwd}{{n}} -\providecommand{\tHorOfm}{{\pmb{n}}} -\providecommand{\tHor}{{\mathsf{n}}} -\providecommand{\timeRate}{{\vartheta}} -\providecommand{\tinyAmount}{{\epsilon}} -\providecommand{\TLev}{{T}} -\providecommand{\TMap}{\mathscr{T}} -\providecommand{\tNow}{{t}} -\providecommand{\tShkAll}{\xi} % -\providecommand{\tShkEmpMin}{\underline{\theta}} % -\providecommand{\TShkEmp}{\Theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tranShkInd}{\theta} % New -\providecommand{\TranShkAgg}{\Theta} % New -\providecommand{\TShk}{\Xi} % -\providecommand{\tShk}{\xi} % -\providecommand{\tshk}{\xi} % -\providecommand{\tSS}{{t}} -\providecommand{\tThen}{{\tau}} -\providecommand{\uFunc}{{{\mathrm{u}}}} -\providecommand{\uInvEpShkuInv}{\underline{\underline{\psi}}} -\providecommand{\ULev}{{U}} -\providecommand{\uLev}{{u}} -\providecommand{\unins}{{\zeta}} -\providecommand{\uPDVFunc}{{\mathbb{U}}} -\providecommand{\uPmt}{{\mu}} -\providecommand{\uPPP}{{{\mathrm{u}^{\prime\prime\prime}}}} -\providecommand{\uPP}{{{\mathrm{u}^{\prime\prime}}}} -\providecommand{\uP}{{{\mathrm{u}^{\prime}}}} -\providecommand{\urate}{{\mho}} -\providecommand{\utilFunc}{{\mathrm{u}}} -\providecommand{\util}{{u}} -\providecommand{\ValAlt}{{\mathcal{V}}} % middle-of-period Value function -\providecommand{\valfn}{{\mathrm{v}}} % middle-of-period value function -\providecommand{\Value}{{\mathrm{V}}} % middle-of-period Value function -\providecommand{\VEndFunc}{{\mathfrak{V}}} -\providecommand{\vEndFunc}{{\mathfrak{v}}} -\providecommand{\VEnd}{{\mathfrak{V}}} % end-of-period Value function -\providecommand{\vEnd}{{\mathfrak{v}}} % end-of-period value function -\providecommand{\vEss}{\check{v}^{e}} -\providecommand{\VE}{{V}^{e}} -\providecommand{\vE}{{v}^{e}} -\providecommand{\vFirm}{{\mathrm{e}}} -\providecommand{\VFunc}{{\mathrm{V}}} -\providecommand{\vFunc}{{\mathrm{v}}} -\providecommand{\VInv}{{\Lambda}} -\providecommand{\vInv}{{\scriptstyle \Lambda \displaystyle}} -\providecommand{\vk}{{\lambda}} -\providecommand{\vLevBF}{{\mathbf{v}}} -\providecommand{\VLevFunc}{{\pmb{\mathrm{V}}}} -\providecommand{\vLevFunc}{{\pmb{\mathrm{v}}}} -\providecommand{\VLev}{{V}} -\providecommand{\vLev}{{v}} -\providecommand{\vNorm}{{\mathrm{w}}} % end-of-period value function -\providecommand{\VNum}{{V}} -\providecommand{\vNum}{{v}} -\providecommand{\vOptAlt}{{\Alt{\Mod{\mathfrak{v}}}}} -\providecommand{\vOpt}{{\Mod{\mathfrak{v}}}} -\providecommand{\VRat}{{V}} -\providecommand{\vRat}{{v}} -\providecommand{\vTarg}{\Target{\vRat}} -\providecommand{\VU}{{V}^{u}} -\providecommand{\vU}{{v}^{u}} -\providecommand{\Wage}{{\mathsf{W}}} -\providecommand{\wage}{{\mathsf{w}}} -\providecommand{\WAllLev}{{\mathbf{O}}} -\providecommand{\wAllLev}{{\mathbf{o}}} -\providecommand{\WAllRat}{{O}} -\providecommand{\wAllRat}{{o}} -\providecommand{\WAll}{{O}} -\providecommand{\wAll}{{o}} -\providecommand{\WBeg}{\KLev} % Wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\wBeg}{\kLev} % wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\Wealth}{{O}} -\providecommand{\wealth}{{o}} -\providecommand{\WEndRat}{\ARat} % -\providecommand{\wEndRat}{\aRat} % -\providecommand{\WEnd}{\ALev} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wEnd}{\aLev} % wealth as of the end of the period (after C has been taken) -\providecommand{\Wend}{\ARat} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wend}{\aRat} % wealth as of the end of the period (after C has been taken) -\providecommand{\wFunc}{\mathrm{w}} -\providecommand{\WGroPF}{{\mathrm{G}}} -\providecommand{\WGro}{{\mathrm{G}}} -\providecommand{\wGro}{{\mathsf{g}}} -\providecommand{\whumMin}{\underline{\hRat}} % human wealth -- individual -\providecommand{\WHum}{\HLev} % Human wealth -- aggregate -\providecommand{\wHum}{\hLev} % human wealth -- individual -\providecommand{\Whum}{\HRat} % Human wealth -- aggregate -\providecommand{\whum}{\hRat} % human wealth -- individual -\providecommand{\WLev}{{W}} -\providecommand{\wLev}{\pmb{w}} -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wMid}{\bLev} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\Wmid}{\BRat} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wmid}{\bRat} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMkt}{\MLev} % Wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wMkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wmkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wNet}{{x}} % -\providecommand{\WNet}{{X}} % Total wealth -\providecommand{\WPre}{{K}} -\providecommand{\wPre}{{k}} -\providecommand{\wRat}{{o}} % -\providecommand{\WRat}{{O}} % Ratio to permanent income -\providecommand{\wTot}{{\mathbf{o}}} % -\providecommand{\WTot}{{\mathbf{O}}} % Total wealth -\providecommand{\wtot}{{o}} % -\providecommand{\Wtot}{{O}} % Total wealth -\providecommand{\xFer}{\chi} -\providecommand{\XFer}{X} -\providecommand{\xFunc}{\mathrm{x}} -\providecommand{\XLev}{{X}} -\providecommand{\xLev}{{x}} -\providecommand{\xpend}{{\xi}} -\providecommand{\XperGro}{{\mathsf{X}}} -\providecommand{\xperGro}{{\mathsf{x}}} -\providecommand{\XRat}{{X}} -\providecommand{\xRat}{{x}} -\providecommand{\yFunc}{\mathrm{y}} -\providecommand{\yLevBF}{{\mathbf{y}}} -\providecommand{\YLev}{{Y}} -\providecommand{\YLevBF}{{\mathbf{Y}}} -\providecommand{\yLev}{{y}} -\providecommand{\YRat}{{Y}} -\providecommand{\yRat}{{y}} -\providecommand{\yTargE}{{\check{y}^{e}}} -\providecommand{\yTarg}{{\check{y}}} -\providecommand{\zAgg}{{\pmb{Z}}} -\providecommand{\zFunc}{\mathrm{z}} -\providecommand{\ZLevBF}{{\mathbf{Z}}} -%\providecommand{\zLevBF}{{\mathbf{z}}} -\providecommand{\zLevBF}{{\pmb{z}}} -\providecommand{\ZLev}{{Z}} -\providecommand{\zLev}{{z}} -\providecommand{\ZRat}{{Z}} -\providecommand{\zRat}{{z}} - -\providecommand{\DieFac}{\pDead} -\providecommand{\LivFac}{\Alive} -\providecommand{\PopFac}{\PopGro} -\providecommand{\popRte}{\popGro} - - -\providecommand{\NFALev}{\NLev} -\providecommand{\NFARat}{\NRat} -\providecommand{\NI}{{Z}} -\providecommand{\GDPLev}{\pmb{P}} -\providecommand{\GDPRat}{P} -\providecommand{\GDPGro}{\gimel} -\providecommand{\gdpLev}{\pmb{p}} -\providecommand{\gdpRat}{p} -\providecommand{\weight}{\omega} - - -\providecommand{\bi}{} -\renewcommand{\bi}{\begin{itemize}} -\providecommand{\ei}{} -\renewcommand{\ei}{\end{itemize}} -\providecommand{\reqd}{} -\renewcommand{\reqd}{\item[$^{*}$]} -\providecommand{\recm}{} -\renewcommand{\recm}{\item[\phantom{$^{*}$}]} - -\providecommand{\pd}[2]{\frac{\partial#1}{\partial#2}} - - -% Ensure that you're in math mode when using the \cancel command (otherwise tex4ht produces bad output) -\providecommand{\cncl}{} -\renewcommand\cncl[1]{{\cancel{#1}}} diff --git a/docs/NARK/texmf-local/tex/latex/handout-no-natbib-no-hyperref.cls b/docs/NARK/texmf-local/tex/latex/handout-no-natbib-no-hyperref.cls deleted file mode 100644 index 9f68063f7..000000000 --- a/docs/NARK/texmf-local/tex/latex/handout-no-natbib-no-hyperref.cls +++ /dev/null @@ -1,419 +0,0 @@ -% 20231106: -% - Remove natbib because it does not work with citation-style-language -% - Remove headings from \LoadClass{scrartcl} because it generates an annoying warning -%%% LaTeX class for economics -%%% -%%% author: Christopher Carroll -%%% license: LaTeX Project Public License -%%% -%%% Modified from style itaxpf by Arne Henningsen -%%% version: 1.0 (09 July 2007) -%%% license: LaTeX Project Public License -%%% -%%% Further information is available at -%%% http://www.uni-kiel.de/agrarpol/ahenningsen/latex-bibtex.html -%%% -%%% This document class is based on the "scrartcl" class -%%% from the KOMA script bundle. For documentation, Google KOMA-Script Documentation -%%% -%%% The corresponding BibTeX style file "handout.bst" should be used -%%% for the bibliography: \bibliographystyle{handout} -%%% -%%% In addition to the options for scrartcl, this package includes an additional option -%%% titlepage = include a title page (with command "\maketitle", or "\maketitleWithForcedDate{}") -%%% -%%% If an abstract is defined by \begin{abstract}\end{abstract} before \maketitle is invoked, -%%% it will appear on the title page -%%% -%%% If the titlepage option is invoked: -%%% \keywords can be used to show keywords below the abstract -%%% \jelclass can be used to show JEL classifications below the abstract -%%% \thanks{text of the thank-you footnote} produces a footnote at the bottom of the page containing the text - -% Made by handoutMake.sh -\ProvidesClass{handout}[2023/03/05 LaTeX class for handouts written by Christopher Carroll] -\NeedsTeXFormat{LaTeX2e} -% \RequirePackage{rotating} -\RequirePackage{snapshot} % Creates list of external files used by a LaTeX document -\RequirePackage{ifthen} -\RequirePackage{changepage} -\RequirePackage{currfile} % define macros to produce the filename and path -% If unspecified whether pdf output (instead of dvi) is being used, determine that it SHOULD be -\newif\ifdvi\dvitrue -\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} - -% permit double spacing -\RequirePackage{setspace} -% \doublespacing - -% option to include a title page -\newcounter{IncludeTitlePage} -\setcounter{IncludeTitlePage}{0} -\DeclareOption{titlepage}{\setcounter{IncludeTitlePage}{1}} - -% pass any options on to the scrartcl class and load this class with some options -\DeclareOption*{\PassOptionsToClass{\CurrentOption}{scrartcl}} -\ProcessOptions\relax -\LoadClass[fontsize=12pt,english,numbers=noenddot,captions=tableheading,captions=nooneline]{scrartcl} -% pointlessnumbers = do not add final dot after ordinary section numbers -% tablecaptionabove = use \captionabove for captions above rather than below tables -% noonelinecaption = do not treat one-line captions differently - -% use new TeX encoding scheme (T1), which contains accented (European) letters, -% to make European hyphenations work -\RequirePackage[T1]{fontenc} - -% use babel package and set language to english -\RequirePackage[english]{babel} - -% spacing around formulas -\AtBeginDocument{ - \setlength{\abovedisplayshortskip}{6pt} - \setlength{\belowdisplayshortskip}{6pt} - \setlength{\abovedisplayskip}{6pt} - \setlength{\belowdisplayskip}{6pt} - \allowdisplaybreaks % Permits LaTeX to break long formulas across pages (?) -} - -%% Added the above info to the definition of normalsize -\def\normalsize{\@setfontsize \normalsize \@xiipt {14.5} - \abovedisplayskip 6\p@ \@plus 3\p@ \@minus 3\p@ - \belowdisplayskip \abovedisplayskip - \abovedisplayshortskip 6pt \belowdisplayshortskip 6pt - \let \@listi \@listI} -\normalsize - -% Don't indent the second and later lines of footnotes -\deffootnote[1em]{0.0em}{1em}{\textsuperscript{\thefootnotemark}} - -% spacing around captions and floats -\setlength{\abovecaptionskip}{6pt} -\setlength{\belowcaptionskip}{3pt} -\setlength{\floatsep}{0pt} -\setlength{\textfloatsep}{20pt} -\setlength{\intextsep}{15pt} - -\RequirePackage{calc} - -\newenvironment{Description} -{\begin{list}{}{\let\makelabel\Descriptionlabel - \setlength\labelwidth{75pt} - \setlength\labelsep{0pt} - \setlength\leftmargin{75pt} - \setlength\itemindent{0pt} - }} - {\end{list}} -\newcommand*\Descriptionlabel[1]{\textbf{#1}\hfil} - -\RequirePackage{cancel,verbatim, - amsmath,amssymb,amsfonts,amsthm - ,threeparttable,dcolumn,multicol,multirow,booktabs % table environment extensions - ,latexsym - ,afterpage - ,enotez - ,moreverb - ,hhline % Allow double hlines - ,tipa % Define more characters, in particular the \textthorn character - ,xcolor % Superceded color, which is WAY out of date - ,accents - ,appendix -} - -\DeclareInstance{enotez-list}{superscriptednotes}{paragraph} -{ - number = \textsuperscript{#1} -} -% to get endnotes with superscripts, use \printendnotes[superscriptednotes] - -% \RequirePackage{handout} % Removed 20170801 because won't work when invoked from nonroot paths -% Contents of the file are pasted in below - -% ---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -% ---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -% To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -% To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -% To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -% To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -% -------------------------------------------------------- - - -\RequirePackage[mathscr]{eucal} -\RequirePackage[normalem]{ulem} -\providecommand\bmmax{0} % Prevent boldmath package from using up too much memory -\RequirePackage{bm} % Allow bold math -\RequirePackage{bbm} % Blackbord math - -% font for URLs -\RequirePackage{url} -\def\UrlFont{\ttfamily} - -\usepackage[handout]{optional} % Enable the control of compilation using options passed on startup -\opt{EndFloats}{\RequirePackage[noheads,nolists,tablesfirst,nomarkers]{endfloat}} - -% page format, margins if PrintGeom option is invoked -\opt{PrintGeom}{ - \RequirePackage{geometry} - \geometry{letterpaper, tmargin=1.4in, bmargin=1.4in, lmargin=1.25in, - rmargin=1.25in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\opt{JournalFormatting}{ % BEJM requires 1.5 inch margins - \RequirePackage{geometry} - \geometry{letterpaper, tmargin=1.5in, bmargin=1.5in, lmargin=1.5in, - rmargin=1.5in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\providecommand{\textSizeDefault}{\normalsize} -\opt{bigWide}{\renewcommand{\textSizeDefault}{\large}} - -\providecommand{\abstractSizeDefault}{\small} -\opt{bigWide}{\renewcommand{\abstractSizeDefault}{\normalsize}} - -%% formatting section headers -\setkomafont{section}{\normalfont \Large \bfseries} -\setkomafont{subsection}{\normalfont \large} -\setkomafont{subsubsection}{\normalfont \itshape} - -% citations and bibliography -%\RequirePackage[authoryear]{natbib} -\AtBeginDocument{\renewcommand{\refname}{References} - \renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} % Restore footnote defn after titlepage redefines it - \ifdvi - \else - \providecommand{\ushort}{} - \renewcommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht (which compiles using dvi) - \fi -} - -% captions of figures and tables -\setcapwidth[c]{\textwidth} -% \setcapindent*{0pt} -\setkomafont{captionlabel}{\centering \bfseries} -\setkomafont{caption}{\centering} -\renewcommand{\captionformat}{~ } - -\newcommand{\forcedate}[1]{\newcommand{\@forcedate}{#1}} - -% titlepage with title, author(s), and date - -\renewcommand{\maketitle}{ - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize \@date \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -\newcommand{\maketitleWithForcedDate}[1]{ - \ClassWarningNoLine{handout}{\protect\maketitleWithForcedDate{} is deprecated. To set a date different from the current one, just use the \protect\date{(string desired to signify paper date)}} - - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize #1 \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -% abstract, keywords, JEL classification -\newcommand{\keywords}[1]{\newcommand{\@keywords}{#1}} -\newcommand{\jelclass}[1]{\newcommand{\@jelclass}{#1}} -\newcommand{\aspublished}[1]{\newcommand{\@aspublished}{#1}} - -\renewenvironment{abstract}{% -% \begin{spacing}{0.9} -% \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \ifdvi - \else % horizontal rule works well for PDF, not for html -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \fi - \vspace*{4mm} - \abstractSizeDefault - \noindent \textbf{Abstract}\\ - \indent - }{% -% \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \ifdvi - \else -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \fi - \vspace*{0mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{handout}{No keywords specified. - Please use the command \protect\keywords} - }{ - } -% \end{spacing} - - \begin{quote} - \begin{Description} - \item[\textbf{Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{handout}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{JEL codes~}] \@jelclass - } - - \end{Description} - \ifthenelse{ \isundefined\@aspublished }{ - }{ - { - - \vspace{0.1in}\@aspublished} - }\end{quote} -} - -\setcounter{footnote}{0}% - -\medskip - -% avoid clubs and widows -\clubpenalty=1000 % penalty for breaking a page with only one sentence; set to 10000 to prohibit -\widowpenalty=10000 -% \displaywidowpenalty=10000 - -\hbadness 3000 % LaTeX default is 1000, which is too finicky - set to 10000 to get rid of complaints - -% increase stretchability of the spaces (avoid overfull hboxes) -\setlength{\emergencystretch}{3em} - - -\pagestyle{plain} -\thispagestyle{empty} - -\newcommand{\titlepagefinish}{\newpage - \renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} -} - - -\RequirePackage[multiple]{footmisc} -\RequirePackage{manyfoot} -%\RequirePackage{perpage} \DefineFNsymbols{blank}[text]{{} {} {} {} {}} \setfnsymbol{blank} \DeclareNewFootnote{B}[fnsymbol] \MakePerPage{footnoteB} \renewcommand{\thanks}{\footnoteB} \newcommand{\thanksFooter}{\footnoteB} - -% 20170126: perpage package conflicts with something else so is removed in handoutMake.sh - -\hfuzz2pt % Don't bother to report over-full boxes if over-edge is < 2pt - -%%%%%%%%%% Added by Amy Hendrickson, TeXnology Inc. -%% Amy change, Feb 28, 2011 ==>> - -%%% Generalization of the author and authorinfo commands, based on -%%% the original code. - -%% Sample use: -%% \author{Christopher D. Carroll\authNum \\ -%% \and -%% Jiri Slacalek\authNum \\ -%% \and -%% Martin Sommer\authNum \\ -%% \and -%% Another Name\authNum -%% \and -%% Still Another Name\authNum -%% } - -\newcounter{authornum} % Use either \num or (preferred) \authNum to denote authors -\def\num{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} -\def\authNum{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} - -%% \begin{authorsinfo}...\end{authorsinfo} - -%% Now used: -%% \begin{authorsinfo} -%% \name{First author: info} -%% \\ -%% \name{Second author: info} -%% \\ -%% \name{Third author: info} -%% (and so on for as many authors -%% as you have) -%% \end{authorsinfo} -%% (note: the \\ doesn't do anything, but makes it easier to -%% see the separate author names.) - -\newcounter{bottomauthor} -\def\authorsinfo{\global\c@bottomauthor=0\setbox0=\vbox\bgroup\footnotesize - \let\\ \relax -} - -\def\endauthorsinfo{\egroup - \footnoteB{\unvbox0} -} - -\def\name#1{\global\advance\c@bottomauthor by 1\textsuperscript{\tiny \the\c@bottomauthor}{#1}{~~~~}} - -\makeatletter -\DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} -\DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} -\DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} -\DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} -\DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} -\DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} -\DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} -\makeatother - -% Add default link for html material at github llorracc -\newcommand{\llorraccio}[1]{\href{https://llorracc.github.io/#1}{\texttt{#1}}} diff --git a/docs/NARK/texmf-local/tex/latex/handout-no-natbib.cls b/docs/NARK/texmf-local/tex/latex/handout-no-natbib.cls deleted file mode 100644 index 9f68063f7..000000000 --- a/docs/NARK/texmf-local/tex/latex/handout-no-natbib.cls +++ /dev/null @@ -1,419 +0,0 @@ -% 20231106: -% - Remove natbib because it does not work with citation-style-language -% - Remove headings from \LoadClass{scrartcl} because it generates an annoying warning -%%% LaTeX class for economics -%%% -%%% author: Christopher Carroll -%%% license: LaTeX Project Public License -%%% -%%% Modified from style itaxpf by Arne Henningsen -%%% version: 1.0 (09 July 2007) -%%% license: LaTeX Project Public License -%%% -%%% Further information is available at -%%% http://www.uni-kiel.de/agrarpol/ahenningsen/latex-bibtex.html -%%% -%%% This document class is based on the "scrartcl" class -%%% from the KOMA script bundle. For documentation, Google KOMA-Script Documentation -%%% -%%% The corresponding BibTeX style file "handout.bst" should be used -%%% for the bibliography: \bibliographystyle{handout} -%%% -%%% In addition to the options for scrartcl, this package includes an additional option -%%% titlepage = include a title page (with command "\maketitle", or "\maketitleWithForcedDate{}") -%%% -%%% If an abstract is defined by \begin{abstract}\end{abstract} before \maketitle is invoked, -%%% it will appear on the title page -%%% -%%% If the titlepage option is invoked: -%%% \keywords can be used to show keywords below the abstract -%%% \jelclass can be used to show JEL classifications below the abstract -%%% \thanks{text of the thank-you footnote} produces a footnote at the bottom of the page containing the text - -% Made by handoutMake.sh -\ProvidesClass{handout}[2023/03/05 LaTeX class for handouts written by Christopher Carroll] -\NeedsTeXFormat{LaTeX2e} -% \RequirePackage{rotating} -\RequirePackage{snapshot} % Creates list of external files used by a LaTeX document -\RequirePackage{ifthen} -\RequirePackage{changepage} -\RequirePackage{currfile} % define macros to produce the filename and path -% If unspecified whether pdf output (instead of dvi) is being used, determine that it SHOULD be -\newif\ifdvi\dvitrue -\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} - -% permit double spacing -\RequirePackage{setspace} -% \doublespacing - -% option to include a title page -\newcounter{IncludeTitlePage} -\setcounter{IncludeTitlePage}{0} -\DeclareOption{titlepage}{\setcounter{IncludeTitlePage}{1}} - -% pass any options on to the scrartcl class and load this class with some options -\DeclareOption*{\PassOptionsToClass{\CurrentOption}{scrartcl}} -\ProcessOptions\relax -\LoadClass[fontsize=12pt,english,numbers=noenddot,captions=tableheading,captions=nooneline]{scrartcl} -% pointlessnumbers = do not add final dot after ordinary section numbers -% tablecaptionabove = use \captionabove for captions above rather than below tables -% noonelinecaption = do not treat one-line captions differently - -% use new TeX encoding scheme (T1), which contains accented (European) letters, -% to make European hyphenations work -\RequirePackage[T1]{fontenc} - -% use babel package and set language to english -\RequirePackage[english]{babel} - -% spacing around formulas -\AtBeginDocument{ - \setlength{\abovedisplayshortskip}{6pt} - \setlength{\belowdisplayshortskip}{6pt} - \setlength{\abovedisplayskip}{6pt} - \setlength{\belowdisplayskip}{6pt} - \allowdisplaybreaks % Permits LaTeX to break long formulas across pages (?) -} - -%% Added the above info to the definition of normalsize -\def\normalsize{\@setfontsize \normalsize \@xiipt {14.5} - \abovedisplayskip 6\p@ \@plus 3\p@ \@minus 3\p@ - \belowdisplayskip \abovedisplayskip - \abovedisplayshortskip 6pt \belowdisplayshortskip 6pt - \let \@listi \@listI} -\normalsize - -% Don't indent the second and later lines of footnotes -\deffootnote[1em]{0.0em}{1em}{\textsuperscript{\thefootnotemark}} - -% spacing around captions and floats -\setlength{\abovecaptionskip}{6pt} -\setlength{\belowcaptionskip}{3pt} -\setlength{\floatsep}{0pt} -\setlength{\textfloatsep}{20pt} -\setlength{\intextsep}{15pt} - -\RequirePackage{calc} - -\newenvironment{Description} -{\begin{list}{}{\let\makelabel\Descriptionlabel - \setlength\labelwidth{75pt} - \setlength\labelsep{0pt} - \setlength\leftmargin{75pt} - \setlength\itemindent{0pt} - }} - {\end{list}} -\newcommand*\Descriptionlabel[1]{\textbf{#1}\hfil} - -\RequirePackage{cancel,verbatim, - amsmath,amssymb,amsfonts,amsthm - ,threeparttable,dcolumn,multicol,multirow,booktabs % table environment extensions - ,latexsym - ,afterpage - ,enotez - ,moreverb - ,hhline % Allow double hlines - ,tipa % Define more characters, in particular the \textthorn character - ,xcolor % Superceded color, which is WAY out of date - ,accents - ,appendix -} - -\DeclareInstance{enotez-list}{superscriptednotes}{paragraph} -{ - number = \textsuperscript{#1} -} -% to get endnotes with superscripts, use \printendnotes[superscriptednotes] - -% \RequirePackage{handout} % Removed 20170801 because won't work when invoked from nonroot paths -% Contents of the file are pasted in below - -% ---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -% ---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -% To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -% To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -% To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -% To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -% -------------------------------------------------------- - - -\RequirePackage[mathscr]{eucal} -\RequirePackage[normalem]{ulem} -\providecommand\bmmax{0} % Prevent boldmath package from using up too much memory -\RequirePackage{bm} % Allow bold math -\RequirePackage{bbm} % Blackbord math - -% font for URLs -\RequirePackage{url} -\def\UrlFont{\ttfamily} - -\usepackage[handout]{optional} % Enable the control of compilation using options passed on startup -\opt{EndFloats}{\RequirePackage[noheads,nolists,tablesfirst,nomarkers]{endfloat}} - -% page format, margins if PrintGeom option is invoked -\opt{PrintGeom}{ - \RequirePackage{geometry} - \geometry{letterpaper, tmargin=1.4in, bmargin=1.4in, lmargin=1.25in, - rmargin=1.25in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\opt{JournalFormatting}{ % BEJM requires 1.5 inch margins - \RequirePackage{geometry} - \geometry{letterpaper, tmargin=1.5in, bmargin=1.5in, lmargin=1.5in, - rmargin=1.5in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\providecommand{\textSizeDefault}{\normalsize} -\opt{bigWide}{\renewcommand{\textSizeDefault}{\large}} - -\providecommand{\abstractSizeDefault}{\small} -\opt{bigWide}{\renewcommand{\abstractSizeDefault}{\normalsize}} - -%% formatting section headers -\setkomafont{section}{\normalfont \Large \bfseries} -\setkomafont{subsection}{\normalfont \large} -\setkomafont{subsubsection}{\normalfont \itshape} - -% citations and bibliography -%\RequirePackage[authoryear]{natbib} -\AtBeginDocument{\renewcommand{\refname}{References} - \renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} % Restore footnote defn after titlepage redefines it - \ifdvi - \else - \providecommand{\ushort}{} - \renewcommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht (which compiles using dvi) - \fi -} - -% captions of figures and tables -\setcapwidth[c]{\textwidth} -% \setcapindent*{0pt} -\setkomafont{captionlabel}{\centering \bfseries} -\setkomafont{caption}{\centering} -\renewcommand{\captionformat}{~ } - -\newcommand{\forcedate}[1]{\newcommand{\@forcedate}{#1}} - -% titlepage with title, author(s), and date - -\renewcommand{\maketitle}{ - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize \@date \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -\newcommand{\maketitleWithForcedDate}[1]{ - \ClassWarningNoLine{handout}{\protect\maketitleWithForcedDate{} is deprecated. To set a date different from the current one, just use the \protect\date{(string desired to signify paper date)}} - - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize #1 \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -% abstract, keywords, JEL classification -\newcommand{\keywords}[1]{\newcommand{\@keywords}{#1}} -\newcommand{\jelclass}[1]{\newcommand{\@jelclass}{#1}} -\newcommand{\aspublished}[1]{\newcommand{\@aspublished}{#1}} - -\renewenvironment{abstract}{% -% \begin{spacing}{0.9} -% \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \ifdvi - \else % horizontal rule works well for PDF, not for html -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \fi - \vspace*{4mm} - \abstractSizeDefault - \noindent \textbf{Abstract}\\ - \indent - }{% -% \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \ifdvi - \else -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \fi - \vspace*{0mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{handout}{No keywords specified. - Please use the command \protect\keywords} - }{ - } -% \end{spacing} - - \begin{quote} - \begin{Description} - \item[\textbf{Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{handout}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{JEL codes~}] \@jelclass - } - - \end{Description} - \ifthenelse{ \isundefined\@aspublished }{ - }{ - { - - \vspace{0.1in}\@aspublished} - }\end{quote} -} - -\setcounter{footnote}{0}% - -\medskip - -% avoid clubs and widows -\clubpenalty=1000 % penalty for breaking a page with only one sentence; set to 10000 to prohibit -\widowpenalty=10000 -% \displaywidowpenalty=10000 - -\hbadness 3000 % LaTeX default is 1000, which is too finicky - set to 10000 to get rid of complaints - -% increase stretchability of the spaces (avoid overfull hboxes) -\setlength{\emergencystretch}{3em} - - -\pagestyle{plain} -\thispagestyle{empty} - -\newcommand{\titlepagefinish}{\newpage - \renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} -} - - -\RequirePackage[multiple]{footmisc} -\RequirePackage{manyfoot} -%\RequirePackage{perpage} \DefineFNsymbols{blank}[text]{{} {} {} {} {}} \setfnsymbol{blank} \DeclareNewFootnote{B}[fnsymbol] \MakePerPage{footnoteB} \renewcommand{\thanks}{\footnoteB} \newcommand{\thanksFooter}{\footnoteB} - -% 20170126: perpage package conflicts with something else so is removed in handoutMake.sh - -\hfuzz2pt % Don't bother to report over-full boxes if over-edge is < 2pt - -%%%%%%%%%% Added by Amy Hendrickson, TeXnology Inc. -%% Amy change, Feb 28, 2011 ==>> - -%%% Generalization of the author and authorinfo commands, based on -%%% the original code. - -%% Sample use: -%% \author{Christopher D. Carroll\authNum \\ -%% \and -%% Jiri Slacalek\authNum \\ -%% \and -%% Martin Sommer\authNum \\ -%% \and -%% Another Name\authNum -%% \and -%% Still Another Name\authNum -%% } - -\newcounter{authornum} % Use either \num or (preferred) \authNum to denote authors -\def\num{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} -\def\authNum{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} - -%% \begin{authorsinfo}...\end{authorsinfo} - -%% Now used: -%% \begin{authorsinfo} -%% \name{First author: info} -%% \\ -%% \name{Second author: info} -%% \\ -%% \name{Third author: info} -%% (and so on for as many authors -%% as you have) -%% \end{authorsinfo} -%% (note: the \\ doesn't do anything, but makes it easier to -%% see the separate author names.) - -\newcounter{bottomauthor} -\def\authorsinfo{\global\c@bottomauthor=0\setbox0=\vbox\bgroup\footnotesize - \let\\ \relax -} - -\def\endauthorsinfo{\egroup - \footnoteB{\unvbox0} -} - -\def\name#1{\global\advance\c@bottomauthor by 1\textsuperscript{\tiny \the\c@bottomauthor}{#1}{~~~~}} - -\makeatletter -\DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} -\DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} -\DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} -\DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} -\DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} -\DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} -\DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} -\makeatother - -% Add default link for html material at github llorracc -\newcommand{\llorraccio}[1]{\href{https://llorracc.github.io/#1}{\texttt{#1}}} diff --git a/docs/NARK/texmf-local/tex/latex/handout.cls b/docs/NARK/texmf-local/tex/latex/handout.cls deleted file mode 100644 index f2194c6c1..000000000 --- a/docs/NARK/texmf-local/tex/latex/handout.cls +++ /dev/null @@ -1,416 +0,0 @@ -%%% LaTeX class for economics -%%% -%%% author: Christopher Carroll -%%% license: LaTeX Project Public License -%%% -%%% Modified from style itaxpf by Arne Henningsen -%%% version: 1.0 (09 July 2007) -%%% license: LaTeX Project Public License -%%% -%%% Further information is available at -%%% http://www.uni-kiel.de/agrarpol/ahenningsen/latex-bibtex.html -%%% -%%% This document class is based on the "scrartcl" class -%%% from the KOMA script bundle. For documentation, Google KOMA-Script Documentation -%%% -%%% The corresponding BibTeX style file "handout.bst" should be used -%%% for the bibliography: \bibliographystyle{handout} -%%% -%%% In addition to the options for scrartcl, this package includes an additional option -%%% titlepage = include a title page (with command "\maketitle", or "\maketitleWithForcedDate{}") -%%% -%%% If an abstract is defined by \begin{abstract}\end{abstract} before \maketitle is invoked, -%%% it will appear on the title page -%%% -%%% If the titlepage option is invoked: -%%% \keywords can be used to show keywords below the abstract -%%% \jelclass can be used to show JEL classifications below the abstract -%%% \thanks{text of the thank-you footnote} produces a footnote at the bottom of the page containing the text - -% Made by handoutMake.sh -\ProvidesClass{handout}[2023/03/05 LaTeX class for handouts written by Christopher Carroll] -\NeedsTeXFormat{LaTeX2e} -% \RequirePackage{rotating} -\RequirePackage{snapshot} % Creates list of external files used by a LaTeX document -\RequirePackage{ifthen} -\RequirePackage{changepage} -\RequirePackage{currfile} % define macros to produce the filename and path -% If unspecified whether pdf output (instead of dvi) is being used, determine that it SHOULD be -\newif\ifdvi\dvitrue -\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} - -% permit double spacing -\RequirePackage{setspace} -% \doublespacing - -% option to include a title page -\newcounter{IncludeTitlePage} -\setcounter{IncludeTitlePage}{0} -\DeclareOption{titlepage}{\setcounter{IncludeTitlePage}{1}} - -% pass any options on to the scrartcl class and load this class with some options -\DeclareOption*{\PassOptionsToClass{\CurrentOption}{scrartcl}} -\ProcessOptions\relax -\LoadClass[fontsize=12pt,english,numbers=noenddot,captions=tableheading,captions=nooneline,headings=optiontocandhead]{scrartcl} -% pointlessnumbers = do not add final dot after ordinary section numbers -% tablecaptionabove = use \captionabove for captions above rather than below tables -% noonelinecaption = do not treat one-line captions differently - -% use new TeX encoding scheme (T1), which contains accented (European) letters, -% to make European hyphenations work -\RequirePackage[T1]{fontenc} - -% use babel package and set language to english -\RequirePackage[english]{babel} - -% spacing around formulas -\AtBeginDocument{ - \setlength{\abovedisplayshortskip}{6pt} - \setlength{\belowdisplayshortskip}{6pt} - \setlength{\abovedisplayskip}{6pt} - \setlength{\belowdisplayskip}{6pt} - \allowdisplaybreaks % Permits LaTeX to break long formulas across pages (?) -} - -%% Added the above info to the definition of normalsize -\def\normalsize{\@setfontsize \normalsize \@xiipt {14.5} - \abovedisplayskip 6\p@ \@plus 3\p@ \@minus 3\p@ - \belowdisplayskip \abovedisplayskip - \abovedisplayshortskip 6pt \belowdisplayshortskip 6pt - \let \@listi \@listI} -\normalsize - -% Don't indent the second and later lines of footnotes -\deffootnote[1em]{0.0em}{1em}{\textsuperscript{\thefootnotemark}} - -% spacing around captions and floats -\setlength{\abovecaptionskip}{6pt} -\setlength{\belowcaptionskip}{3pt} -\setlength{\floatsep}{0pt} -\setlength{\textfloatsep}{20pt} -\setlength{\intextsep}{15pt} - -\RequirePackage{calc} - -\newenvironment{Description} -{\begin{list}{}{\let\makelabel\Descriptionlabel - \setlength\labelwidth{75pt} - \setlength\labelsep{0pt} - \setlength\leftmargin{75pt} - \setlength\itemindent{0pt} - }} - {\end{list}} -\newcommand*\Descriptionlabel[1]{\textbf{#1}\hfil} - -\RequirePackage{cancel,verbatim, - amsmath,amssymb,amsfonts,amsthm - ,threeparttable,dcolumn,multicol,multirow,booktabs % table environment extensions - ,latexsym - ,afterpage - ,enotez - ,moreverb - ,hhline % Allow double hlines - ,tipa % Define more characters, in particular the \textthorn character - ,xcolor % Superceded color, which is WAY out of date - ,accents - ,appendix -} - -\DeclareInstance{enotez-list}{superscriptednotes}{paragraph} -{ - number = \textsuperscript{#1} -} -% to get endnotes with superscripts, use \printendnotes[superscriptednotes] - -% \RequirePackage{handout} % Removed 20170801 because won't work when invoked from nonroot paths -% Contents of the file are pasted in below - -% ---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -% ---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -% To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -% To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -% To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -% To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -% -------------------------------------------------------- - - -\RequirePackage[mathscr]{eucal} -\RequirePackage[normalem]{ulem} -\providecommand\bmmax{0} % Prevent boldmath package from using up too much memory -\RequirePackage{bm} % Allow bold math -\RequirePackage{bbm} % Blackbord math - -% font for URLs -\RequirePackage{url} -\def\UrlFont{\ttfamily} - -\usepackage[handout]{optional} % Enable the control of compilation using options passed on startup -\opt{EndFloats}{\RequirePackage[noheads,nolists,tablesfirst,nomarkers]{endfloat}} - -% page format, margins if PrintGeom option is invoked -\opt{PrintGeom}{ - \RequirePackage{geometry} - \geometry{letterpaper, tmargin=1.4in, bmargin=1.4in, lmargin=1.25in, - rmargin=1.25in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\opt{JournalFormatting}{ % BEJM requires 1.5 inch margins - \RequirePackage{geometry} - \geometry{letterpaper, tmargin=1.5in, bmargin=1.5in, lmargin=1.5in, - rmargin=1.5in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\providecommand{\textSizeDefault}{\normalsize} -\opt{bigWide}{\renewcommand{\textSizeDefault}{\large}} - -\providecommand{\abstractSizeDefault}{\small} -\opt{bigWide}{\renewcommand{\abstractSizeDefault}{\normalsize}} - -%% formatting section headers -\setkomafont{section}{\normalfont \Large \bfseries} -\setkomafont{subsection}{\normalfont \large} -\setkomafont{subsubsection}{\normalfont \itshape} - -% citations and bibliography -\RequirePackage[authoryear]{natbib} -\AtBeginDocument{\renewcommand{\refname}{References} - \renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} % Restore footnote defn after titlepage redefines it - \ifdvi - \else - \providecommand{\ushort}{} - \renewcommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht (which compiles using dvi) - \fi -} - -% captions of figures and tables -\setcapwidth[c]{\textwidth} -% \setcapindent*{0pt} -\setkomafont{captionlabel}{\centering \bfseries} -\setkomafont{caption}{\centering} -\renewcommand{\captionformat}{~ } - -\newcommand{\forcedate}[1]{\newcommand{\@forcedate}{#1}} - -% titlepage with title, author(s), and date - -\renewcommand{\maketitle}{ - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize \@date \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -\newcommand{\maketitleWithForcedDate}[1]{ - \ClassWarningNoLine{handout}{\protect\maketitleWithForcedDate{} is deprecated. To set a date different from the current one, just use the \protect\date{(string desired to signify paper date)}} - - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize #1 \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -% abstract, keywords, JEL classification -\newcommand{\keywords}[1]{\newcommand{\@keywords}{#1}} -\newcommand{\jelclass}[1]{\newcommand{\@jelclass}{#1}} -\newcommand{\aspublished}[1]{\newcommand{\@aspublished}{#1}} - -\renewenvironment{abstract}{% -% \begin{spacing}{0.9} -% \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \ifdvi - \else % horizontal rule works well for PDF, not for html -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \fi - \vspace*{4mm} - \abstractSizeDefault - \noindent \textbf{Abstract}\\ - \indent - }{% -% \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \ifdvi - \else -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \fi - \vspace*{0mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{handout}{No keywords specified. - Please use the command \protect\keywords} - }{ - } -% \end{spacing} - - \begin{quote} - \begin{Description} - \item[\textbf{Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{handout}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{JEL codes~}] \@jelclass - } - - \end{Description} - \ifthenelse{ \isundefined\@aspublished }{ - }{ - { - - \vspace{0.1in}\@aspublished} - }\end{quote} -} - -\setcounter{footnote}{0}% - -\medskip - -% avoid clubs and widows -\clubpenalty=1000 % penalty for breaking a page with only one sentence; set to 10000 to prohibit -\widowpenalty=10000 -% \displaywidowpenalty=10000 - -\hbadness 3000 % LaTeX default is 1000, which is too finicky - set to 10000 to get rid of complaints - -% increase stretchability of the spaces (avoid overfull hboxes) -\setlength{\emergencystretch}{3em} - - -\pagestyle{plain} -\thispagestyle{empty} - -\newcommand{\titlepagefinish}{\newpage - \renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} -} - - -\RequirePackage[multiple]{footmisc} -\RequirePackage{manyfoot} -%\RequirePackage{perpage} \DefineFNsymbols{blank}[text]{{} {} {} {} {}} \setfnsymbol{blank} \DeclareNewFootnote{B}[fnsymbol] \MakePerPage{footnoteB} \renewcommand{\thanks}{\footnoteB} \newcommand{\thanksFooter}{\footnoteB} - -% 20170126: perpage package conflicts with something else so is removed in handoutMake.sh - -\hfuzz2pt % Don't bother to report over-full boxes if over-edge is < 2pt - -%%%%%%%%%% Added by Amy Hendrickson, TeXnology Inc. -%% Amy change, Feb 28, 2011 ==>> - -%%% Generalization of the author and authorinfo commands, based on -%%% the original code. - -%% Sample use: -%% \author{Christopher D. Carroll\authNum \\ -%% \and -%% Jiri Slacalek\authNum \\ -%% \and -%% Martin Sommer\authNum \\ -%% \and -%% Another Name\authNum -%% \and -%% Still Another Name\authNum -%% } - -\newcounter{authornum} % Use either \num or (preferred) \authNum to denote authors -\def\num{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} -\def\authNum{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} - -%% \begin{authorsinfo}...\end{authorsinfo} - -%% Now used: -%% \begin{authorsinfo} -%% \name{First author: info} -%% \\ -%% \name{Second author: info} -%% \\ -%% \name{Third author: info} -%% (and so on for as many authors -%% as you have) -%% \end{authorsinfo} -%% (note: the \\ doesn't do anything, but makes it easier to -%% see the separate author names.) - -\newcounter{bottomauthor} -\def\authorsinfo{\global\c@bottomauthor=0\setbox0=\vbox\bgroup\footnotesize - \let\\ \relax -} - -\def\endauthorsinfo{\egroup - \footnoteB{\unvbox0} -} - -\def\name#1{\global\advance\c@bottomauthor by 1\textsuperscript{\tiny \the\c@bottomauthor}{#1}{~~~~}} - -\makeatletter -\DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} -\DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} -\DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} -\DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} -\DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} -\DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} -\DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} -\makeatother - -% Add default link for html material at github llorracc -\newcommand{\llorraccio}[1]{\href{https://llorracc.github.io/#1}{\texttt{#1}}} diff --git a/docs/NARK/texmf-local/tex/latex/handout.sty b/docs/NARK/texmf-local/tex/latex/handout.sty deleted file mode 100755 index 1147b1e85..000000000 --- a/docs/NARK/texmf-local/tex/latex/handout.sty +++ /dev/null @@ -1,30 +0,0 @@ -%---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -%---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -%To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -%To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -%To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -%To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -%-------------------------------------------------------- diff --git a/docs/NARK/texmf-local/tex/latex/handoutBibMake.tex b/docs/NARK/texmf-local/tex/latex/handoutBibMake.tex deleted file mode 100755 index 7d7077521..000000000 --- a/docs/NARK/texmf-local/tex/latex/handoutBibMake.tex +++ /dev/null @@ -1,7 +0,0 @@ - -% \write18{if [ ! -f economics.bib ]; then touch economics.bib ; fi} -\write18{if [ ! -f \jobname.bib ]; then touch \jobname.bib ; fi} -\write18{if [ ! -f \jobname-Add.bib ]; then touch \jobname-Add.bib ; fi} - -\bibliographystyle{handout} -\bibliography{economics,\jobname,\jobname-Add} diff --git a/docs/NARK/texmf-local/tex/latex/handoutSetup-no-hyperref.sty b/docs/NARK/texmf-local/tex/latex/handoutSetup-no-hyperref.sty deleted file mode 100644 index 9141587dd..000000000 --- a/docs/NARK/texmf-local/tex/latex/handoutSetup-no-hyperref.sty +++ /dev/null @@ -1,251 +0,0 @@ -\usepackage{handoutShortcuts} -\RequirePackage{wasysym -,psibycus % Greek language package, including koppa -,ushort -%,lscape % Pages in landscape mode go inside \begin{landscape}\end{landscape} % CONFLICTS WITH EPSTOPDF -} - -\newenvironment{CDCPrivate} % Environment for extra material not wanted in the public document -{\marginpar{\tiny beginCDC}}{\marginpar{\tiny endCDC}} % CDCPrivate - -\provideboolean{Web} -\setboolean{Web}{false} % reset to true if running via dvi; search for \ifdvi below - -\provideboolean{bigPrint} -\setboolean{bigPrint}{true} -\setboolean{bigPrint}{false} - -\provideboolean{wideMargins} -\setboolean{wideMargins}{true} -\setboolean{wideMargins}{false} - -\provideboolean{BigAndWide} -\setboolean{BigAndWide}{true} -\setboolean{BigAndWide}{false} - -% Options to set if being run from the shell (so autocompiled) -\opt{FromShell}{ -\setboolean{bigPrint}{false} -\setboolean{wideMargins}{false} -\setboolean{BigAndWide}{false} -} - -\opt{bigWide}{ -\setboolean{bigPrint}{true} -\setboolean{wideMargins}{true} -\setboolean{BigAndWide}{true} -\providecommand{\textSizeDefault}{\large} -\providecommand{\abstractSizeDefault}{\large} -} - -\opt{Aquamacs}{ -%\setboolean{bigPrint}{true} -%\setboolean{wideMargins}{true} -%\setboolean{BigAndWide}{true} -%\providecommand{\textSizeDefault}{\large} -%\providecommand{\abstractSizeDefault}{\large} -} - -\provideboolean{KoppaOn} -\setboolean{KoppaOn}{true} -%\setboolean{KoppaOn}{false} - -\ifthenelse{\boolean{KoppaOn}}{ -\providecommand{\koppa}{\text{\greek{k+}}} -\providecommand{\Koppa}{\text{\greek{K+}}} -\providecommand{\sampi}{\text{\greek{s+}}} -\providecommand{\cigma}{\text{\greek{c+}}} -\providecommand{\Cigma}{\text{\greek{C+}}} -}{ -\def\koppa{\mathbf{q}}\providecommand{\koppa}{$\mathbf{q}$}\providecommand{\Koppa}{$\mathbf{Q}$} -} - -% Keep the elements in the argument #1 together on the same page -\newcommand{\together}[1]{\noindent\parbox{\linewidth}{#1}} - -% html version of document must be constructed by running pdflatex in -% dvi output mode; code below creates an ifdvi construct that detects -% whether running in dvi mode and sets the options necessary to generate -% html version of document using tex4ht - -% \makeatletter -% \newif\ifdvi\dvitrue -% \@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} -% \makeatother - -% dvi compilation only occurs if making the html version -% \ifdvi -% \setboolean{Web}{true} -% \RequirePackage{tex4ht} -% \RequirePackage{graphicx} -% % \RequirePackage[tex4ht]{hyperref} -% \provideboolean{bigPrint}\setboolean{bigPrint}{true} % HTM output looks better in a larger font size -% \providecommand{\wideMargins}{\null{}} % Wide margins doesn't mean anything for html documents -% \newcommand{\CDCFig}[1]{\centerline{\includegraphics{#1}}} -% \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics{#1}}} -% \DeclareGraphicsExtensions{.png} -% \providecommand{\textSizeDefault}{\large} -% \providecommand{\titlepagefinish}{\newpage\textSizeDefault} -% \providecommand{\abstractSizeDefault}{\large} -% \providecommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht -% \let\footnoterule\relax -% \makeatletter -% \renewenvironment{abstract}{% -% \begin{spacing}{0.9} -% \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax -% \vspace*{5mm} -% \noindent \textbf{Abstract}\\ -% \indent \abstractSizeDefault -% }{% -% \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html -% % \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax -% \vspace*{3mm} -% \ifthenelse{ \isundefined\@keywords }{ -% \ClassWarningNoLine{handout}{No keywords specified. -% Please use the command \protect\keywords} -% }{ -% } -% \end{spacing} -% \begin{quote} -% \begin{Description} -% \item[\textbf{~~~~~~~~~~~~Keywords~}] \@keywords -% \ifthenelse{ \isundefined\@jelclass }{ -% \ClassWarningNoLine{handout}{No JEL classification specified. -% Please use the command \protect\jelclass} -% }{ -% \item[\textbf{~~~~~~~~~~~~JEL codes~}] \@jelclass -% \end{Description} -% } -% \end{quote} -% \makeatother -% } -% \else - \RequirePackage{graphicx} -% \RequirePackage{hyperref} - % \hypersetup{ - % pdffitwindow = false, % Don't rescale to fit size of window - % pdfpagemode=UseThumbs, - % pdfstartview=FitH, - % pdfnewwindow = true, % Links open in new window - % pdfproducer = {pdfLaTeX with hyperref} - % } - \providecommand{\wideMargins}{\usepackage[twoside,marginparwidth=0in,left=0.5in,right=0.5in,top=0.5in,bottom=0.5in]{geometry}\usepackage{layouts}} - \ifthenelse{\boolean{wideMargins}}{\wideMargins}{} - \newcommand{\CDCFig}[1]{\centerline{\includegraphics[width=0.75\textwidth]{../Figures/#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics[width=7.8in,height=5.5in]{../Figures/#1}}} - \DeclareGraphicsExtensions{.pdf} - \ifthenelse{\boolean{bigPrint}}{\renewcommand{\titlepagefinish}{\newpage\large}}{} -%\fi - -\newcolumntype{d}[1]{D{.}{.}{#1}} % Seems to need to come after hyperref - -\definecolor{darkblue}{rgb}{0.055,0.094,0.7} -\definecolor{darkred}{rgb}{0.6,0,0} -% \hypersetup{colorlinks=true, % put a box around links -% linkbordercolor = {1 0 0}, % the box will be red -% pdfborder = {1 0 0}, % -% % bookmarks=true, % PDF will contain an index on the RHS -% urlcolor=darkred, -% citecolor=darkblue, -% linkcolor=darkred -% } - -%% Define the title table as different from the regular table - -%\let\tabularTitle\tabular -%\let\endtabularTitle\endtabular - -%\newenvironment{tabularTitle}{\tabularTitle}{\endtabularTitle} -\newenvironment{tabularTitle}{\tabular}{\endtabular} -\providecommand{\handoutHeader}{{\tiny \noindent $^\copyright$\today, \href{https://www.econ2.jhu.edu/people/ccarroll/}{Christopher D. Carroll} \hfill \href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes}{\jobname}}\medskip\medskip -\ifthenelse{\boolean{bigPrint}}{\large}{} -\ifthenelse{\boolean{BigAndWide}}{\large}{} -\opt{Web}{\large} -\opt{bigWide}{\large} -} - -\providecommand{\SolvingMicroDSOPs}{\href{http://www.econ2.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}{SolvingMicroDSOPs}} - -\newcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Consumption/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutF}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1.pdf}{\texttt{#1}}} -\newcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList.pdf}{\texttt{MathFacts}}} -\newcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/#1}{\texttt{#1}}} -\newcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation.pdf}{\texttt{Aggregation}}} - - -% If doing a web version, renewcommands link to the html versions of handouts -\ifdvi -\renewcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/#1}{\texttt{#1}}} -\renewcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1}{\texttt{#1}}} -\renewcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1}{\texttt{#1}}} -\renewcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1}{\texttt{#1}}} -\renewcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/#1}{\texttt{#1}} -} -\fi -\renewcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{MathFacts}}} -\renewcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation/}{\texttt{Aggregation}}} - -\providecommand{\handoutNameMake}{\centerline{\LARGE \input \jobname.title}\vspace{.15in}} -% Generic starting text for MathFactsList generated file -\message{Including MathFactsList.defs} -\providecommand{\ELogNormMeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ArithmeticVSGeometric}{\ensuremath{\mathtt{[ArithmeticVSGeometric]}}}} -\providecommand{\CRRALim}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#CRRALim}{\ensuremath{\mathtt{[CRRALim]}}}} -\providecommand{\ELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNorm}{\ensuremath{\mathtt{[ELogNorm]}}}} -\providecommand{\ELogNormMeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormMeanOne}{\ensuremath{\mathtt{[ELogNormMeanOne]}}}} -\providecommand{\ELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormTimes}{\ensuremath{\mathtt{[ELogNormTimes]}}}} -\providecommand{\EulersTheorem}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#EulersTheorem}{\ensuremath{\mathtt{[EulersTheorem]}}}} -\providecommand{\ExpEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpEps}{\ensuremath{\mathtt{[ExpEps]}}}} -\providecommand{\ExpPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpPlus}{\ensuremath{\mathtt{[ExpPlus]}}}} -\providecommand{\FinSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSum}{\ensuremath{\mathtt{[FinSum]}}}} -\providecommand{\FinSumMult}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSumMult}{\ensuremath{\mathtt{[FinSumMult]}}}} -\providecommand{\InfSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSum}{\ensuremath{\mathtt{[InfSum]}}}} -\providecommand{\InfSumMult}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSumMult}{\ensuremath{\mathtt{[InfSumMult]}}}} -\providecommand{\LogELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNorm}{\ensuremath{\mathtt{[LogELogNorm]}}}} -\providecommand{\LogELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNormTimes}{\ensuremath{\mathtt{[LogELogNormTimes]}}}} -\providecommand{\LogEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogEps}{\ensuremath{\mathtt{[LogEps]}}}} -\providecommand{\LogMeanMPS}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogMeanMPS}{\ensuremath{\mathtt{[LogMeanMPS]}}}} -\providecommand{\MeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MeanOne}{\ensuremath{\mathtt{[MeanOne]}}}} -\providecommand{\MultPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MultPlus}{\ensuremath{\mathtt{[MultPlus]}}}} -\providecommand{\NormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#NormTimes}{\ensuremath{\mathtt{[NormTimes]}}}} -\providecommand{\OverPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#OverPlus}{\ensuremath{\mathtt{[OverPlus]}}}} -\providecommand{\SmallSmallZero}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SmallSmallZero}{\ensuremath{\mathtt{[SmallSmallZero]}}}} -\providecommand{\SumNormsIsNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SumNormsIsNorm}{\ensuremath{\mathtt{[SumNormsIsNorm]}}}} -\providecommand{\TaylorOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorOne}{\ensuremath{\mathtt{[TaylorOne]}}}} -\providecommand{\TaylorTwo}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorTwo}{\ensuremath{\mathtt{[TaylorTwo]}}}} -\RequirePackage{ifthen} - -\provideboolean{AnswersTF}\setboolean{AnswersTF}{false} % Default is no answers; run with \UseOption{Answers} from shell to generate answers - - -\provideboolean{ExamQ} -\setboolean{ExamQ}{false} -\newcommand{\ifExamQuestion}{\ifthenelse{\boolean{ExamQ}}} - -\provideboolean{SpaceBetweenAnswers} -\setboolean{SpaceBetweenAnswers}{true} -\providecommand{\AnswerOrBlankSpace}{\ifthenelse{\boolean{SpaceBetweenAnswers}}} - -\opt{Answers}{\provideboolean{AnswersTF}\setboolean{AnswersTF}{true}} - -\newcommand{\ifAnswers}{\ifthenelse{\boolean{AnswersTF}}} -\newcommand{\answer}[2]{\ifthenelse{\boolean{AnswersTF}}{ - -{\it Answer:} -\begin{quote} -#1 -\end{quote} -} -{#2}} - - - - - -\expandafter\let\csname NR:Type\endcsname\relax diff --git a/docs/NARK/texmf-local/tex/latex/handoutSetup.sty b/docs/NARK/texmf-local/tex/latex/handoutSetup.sty deleted file mode 100644 index d44b13e69..000000000 --- a/docs/NARK/texmf-local/tex/latex/handoutSetup.sty +++ /dev/null @@ -1,251 +0,0 @@ -\usepackage{handoutShortcuts} -\RequirePackage{wasysym -,psibycus % Greek language package, including koppa -,ushort -%,lscape % Pages in landscape mode go inside \begin{landscape}\end{landscape} % CONFLICTS WITH EPSTOPDF -} - -\newenvironment{CDCPrivate} % Environment for extra material not wanted in the public document -{\marginpar{\tiny beginCDC}}{\marginpar{\tiny endCDC}} % CDCPrivate - -\provideboolean{Web} -\setboolean{Web}{false} % reset to true if running via dvi; search for \ifdvi below - -\provideboolean{bigPrint} -\setboolean{bigPrint}{true} -\setboolean{bigPrint}{false} - -\provideboolean{wideMargins} -\setboolean{wideMargins}{true} -\setboolean{wideMargins}{false} - -\provideboolean{BigAndWide} -\setboolean{BigAndWide}{true} -\setboolean{BigAndWide}{false} - -% Options to set if being run from the shell (so autocompiled) -\opt{FromShell}{ -\setboolean{bigPrint}{false} -\setboolean{wideMargins}{false} -\setboolean{BigAndWide}{false} -} - -\opt{bigWide}{ -\setboolean{bigPrint}{true} -\setboolean{wideMargins}{true} -\setboolean{BigAndWide}{true} -\providecommand{\textSizeDefault}{\large} -\providecommand{\abstractSizeDefault}{\large} -} - -\opt{Aquamacs}{ -%\setboolean{bigPrint}{true} -%\setboolean{wideMargins}{true} -%\setboolean{BigAndWide}{true} -%\providecommand{\textSizeDefault}{\large} -%\providecommand{\abstractSizeDefault}{\large} -} - -\provideboolean{KoppaOn} -\setboolean{KoppaOn}{true} -%\setboolean{KoppaOn}{false} - -\ifthenelse{\boolean{KoppaOn}}{ -\providecommand{\koppa}{\text{\greek{k+}}} -\providecommand{\Koppa}{\text{\greek{K+}}} -\providecommand{\sampi}{\text{\greek{s+}}} -\providecommand{\cigma}{\text{\greek{c+}}} -\providecommand{\Cigma}{\text{\greek{C+}}} -}{ -\def\koppa{\mathbf{q}}\providecommand{\koppa}{$\mathbf{q}$}\providecommand{\Koppa}{$\mathbf{Q}$} -} - -% Keep the elements in the argument #1 together on the same page -\newcommand{\together}[1]{\noindent\parbox{\linewidth}{#1}} - -% html version of document must be constructed by running pdflatex in -% dvi output mode; code below creates an ifdvi construct that detects -% whether running in dvi mode and sets the options necessary to generate -% html version of document using tex4ht - -\makeatletter -\newif\ifdvi\dvitrue -\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} -\makeatother - -% dvi compilation only occurs if making the html version -\ifdvi - \setboolean{Web}{true} - \RequirePackage{tex4ht} - \RequirePackage{graphicx} - \RequirePackage[tex4ht]{hyperref} - \provideboolean{bigPrint}\setboolean{bigPrint}{true} % HTM output looks better in a larger font size - \providecommand{\wideMargins}{\null{}} % Wide margins doesn't mean anything for html documents - \newcommand{\CDCFig}[1]{\centerline{\includegraphics{#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics{#1}}} - \DeclareGraphicsExtensions{.png} - \providecommand{\textSizeDefault}{\large} - \providecommand{\titlepagefinish}{\newpage\textSizeDefault} - \providecommand{\abstractSizeDefault}{\large} - \providecommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht - \let\footnoterule\relax - \makeatletter - \renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{5mm} - \noindent \textbf{Abstract}\\ - \indent \abstractSizeDefault - }{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{3mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{handout}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - \begin{quote} - \begin{Description} - \item[\textbf{~~~~~~~~~~~~Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{handout}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{~~~~~~~~~~~~JEL codes~}] \@jelclass - \end{Description} - } - \end{quote} - \makeatother - } -\else - \RequirePackage{graphicx} - \RequirePackage{hyperref} - \hypersetup{ - pdffitwindow = false, % Don't rescale to fit size of window - pdfpagemode=UseThumbs, - pdfstartview=FitH, - pdfnewwindow = true, % Links open in new window - pdfproducer = {pdfLaTeX with hyperref} - } - \providecommand{\wideMargins}{\usepackage[twoside,marginparwidth=0in,left=0.5in,right=0.5in,top=0.5in,bottom=0.5in]{geometry}\usepackage{layouts}} - \ifthenelse{\boolean{wideMargins}}{\wideMargins}{} - \newcommand{\CDCFig}[1]{\centerline{\includegraphics[width=0.75\textwidth]{../Figures/#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics[width=7.8in,height=5.5in]{../Figures/#1}}} - \DeclareGraphicsExtensions{.pdf} - \ifthenelse{\boolean{bigPrint}}{\renewcommand{\titlepagefinish}{\newpage\large}}{} -\fi - -\newcolumntype{d}[1]{D{.}{.}{#1}} % Seems to need to come after hyperref - -\definecolor{darkblue}{rgb}{0.055,0.094,0.7} -\definecolor{darkred}{rgb}{0.6,0,0} -\hypersetup{colorlinks=true, % put a box around links - linkbordercolor = {1 0 0}, % the box will be red - pdfborder = {1 0 0}, % -% bookmarks=true, % PDF will contain an index on the RHS - urlcolor=darkred, - citecolor=darkblue, - linkcolor=darkred -} - -%% Define the title table as different from the regular table - -%\let\tabularTitle\tabular -%\let\endtabularTitle\endtabular - -%\newenvironment{tabularTitle}{\tabularTitle}{\endtabularTitle} -\newenvironment{tabularTitle}{\tabular}{\endtabular} -\providecommand{\handoutHeader}{{\tiny \noindent $^\copyright$\today, \href{https://www.econ2.jhu.edu/people/ccarroll/}{Christopher D. Carroll} \hfill \href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes}{\jobname}}\medskip\medskip -\ifthenelse{\boolean{bigPrint}}{\large}{} -\ifthenelse{\boolean{BigAndWide}}{\large}{} -\opt{Web}{\large} -\opt{bigWide}{\large} -} - -\providecommand{\SolvingMicroDSOPs}{\href{http://www.econ2.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}{SolvingMicroDSOPs}} - -\newcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Consumption/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutF}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1.pdf}{\texttt{#1}}} -\newcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList.pdf}{\texttt{MathFacts}}} -\newcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/#1}{\texttt{#1}}} -\newcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation.pdf}{\texttt{Aggregation}}} - - -% If doing a web version, renewcommands link to the html versions of handouts -\ifdvi -\renewcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/#1}{\texttt{#1}}} -\renewcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1}{\texttt{#1}}} -\renewcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1}{\texttt{#1}}} -\renewcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1}{\texttt{#1}}} -\renewcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/#1}{\texttt{#1}} -} -\fi -\renewcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{MathFacts}}} -\renewcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation/}{\texttt{Aggregation}}} - -\providecommand{\handoutNameMake}{\centerline{\LARGE \input \jobname.title}\vspace{.15in}} -% Generic starting text for MathFactsList generated file -\message{Including MathFactsList.defs} -\providecommand{\ELogNormMeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ArithmeticVSGeometric}{\ensuremath{\mathtt{[ArithmeticVSGeometric]}}}} -\providecommand{\CRRALim}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#CRRALim}{\ensuremath{\mathtt{[CRRALim]}}}} -\providecommand{\ELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNorm}{\ensuremath{\mathtt{[ELogNorm]}}}} -\providecommand{\ELogNormMeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormMeanOne}{\ensuremath{\mathtt{[ELogNormMeanOne]}}}} -\providecommand{\ELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormTimes}{\ensuremath{\mathtt{[ELogNormTimes]}}}} -\providecommand{\EulersTheorem}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#EulersTheorem}{\ensuremath{\mathtt{[EulersTheorem]}}}} -\providecommand{\ExpEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpEps}{\ensuremath{\mathtt{[ExpEps]}}}} -\providecommand{\ExpPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpPlus}{\ensuremath{\mathtt{[ExpPlus]}}}} -\providecommand{\FinSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSum}{\ensuremath{\mathtt{[FinSum]}}}} -\providecommand{\FinSumMult}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSumMult}{\ensuremath{\mathtt{[FinSumMult]}}}} -\providecommand{\InfSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSum}{\ensuremath{\mathtt{[InfSum]}}}} -\providecommand{\InfSumMult}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSumMult}{\ensuremath{\mathtt{[InfSumMult]}}}} -\providecommand{\LogELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNorm}{\ensuremath{\mathtt{[LogELogNorm]}}}} -\providecommand{\LogELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNormTimes}{\ensuremath{\mathtt{[LogELogNormTimes]}}}} -\providecommand{\LogEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogEps}{\ensuremath{\mathtt{[LogEps]}}}} -\providecommand{\LogMeanMPS}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogMeanMPS}{\ensuremath{\mathtt{[LogMeanMPS]}}}} -\providecommand{\MeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MeanOne}{\ensuremath{\mathtt{[MeanOne]}}}} -\providecommand{\MultPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MultPlus}{\ensuremath{\mathtt{[MultPlus]}}}} -\providecommand{\NormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#NormTimes}{\ensuremath{\mathtt{[NormTimes]}}}} -\providecommand{\OverPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#OverPlus}{\ensuremath{\mathtt{[OverPlus]}}}} -\providecommand{\SmallSmallZero}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SmallSmallZero}{\ensuremath{\mathtt{[SmallSmallZero]}}}} -\providecommand{\SumNormsIsNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SumNormsIsNorm}{\ensuremath{\mathtt{[SumNormsIsNorm]}}}} -\providecommand{\TaylorOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorOne}{\ensuremath{\mathtt{[TaylorOne]}}}} -\providecommand{\TaylorTwo}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorTwo}{\ensuremath{\mathtt{[TaylorTwo]}}}} -\RequirePackage{ifthen} - -\provideboolean{AnswersTF}\setboolean{AnswersTF}{false} % Default is no answers; run with \UseOption{Answers} from shell to generate answers - - -\provideboolean{ExamQ} -\setboolean{ExamQ}{false} -\newcommand{\ifExamQuestion}{\ifthenelse{\boolean{ExamQ}}} - -\provideboolean{SpaceBetweenAnswers} -\setboolean{SpaceBetweenAnswers}{true} -\providecommand{\AnswerOrBlankSpace}{\ifthenelse{\boolean{SpaceBetweenAnswers}}} - -\opt{Answers}{\provideboolean{AnswersTF}\setboolean{AnswersTF}{true}} - -\newcommand{\ifAnswers}{\ifthenelse{\boolean{AnswersTF}}} -\newcommand{\answer}[2]{\ifthenelse{\boolean{AnswersTF}}{ - -{\it Answer:} -\begin{quote} -#1 -\end{quote} -} -{#2}} - - - - - -\expandafter\let\csname NR:Type\endcsname\relax diff --git a/docs/NARK/texmf-local/tex/latex/handoutShortcuts.sty b/docs/NARK/texmf-local/tex/latex/handoutShortcuts.sty deleted file mode 100644 index 571720bec..000000000 --- a/docs/NARK/texmf-local/tex/latex/handoutShortcuts.sty +++ /dev/null @@ -1,659 +0,0 @@ -% Generated originally from CDCShortcuts.sty -% -*- mode: LaTeX; TeX-PDF-mode: t; -*- # Tell emacs the file type (for syntax coloring) -\usepackage{econark} - -\providecommand{\constr}[1]{\grave{#1}} % alternative to \cnstr from econark which is preferred - -\providecommand{\aAgg}{{\mathsf{A}}} -\providecommand{\aboveMin}{\blacktriangle} -\providecommand{\adjPar}{{\omega}} -\providecommand{\adj}{{\mathrm{j}}} -\providecommand{\aE}{\aRat^{e}} -\providecommand{\aFunc}{{\mathrm{a}}} -\providecommand{\Age}{{Z}} -\providecommand{\age}{{z}} -\providecommand{\Agg}{\bar} -\providecommand{\ALevBF}{{\mathbf{A}}} -\providecommand{\aLevBF}{{\mathbf{a}}} -\providecommand{\ALev}{{A}} -\providecommand{\aLev}{{a}} -\providecommand{\Alive}{{\aleph}} -\providecommand{\Alt}{\grave} -\providecommand{\aMin}{{\underline{\aRat}}} -\providecommand{\ARat}{{A}} -\providecommand{\aRat}{{a}} -\providecommand{\ARat}{{A}} -\providecommand{\aRat}{{a}} -%\providecommand{\aRatBF}{{\pmb{a}}} -\providecommand{\ASS}{{{A}}} -\providecommand{\aSS}{{{a}}} -\providecommand{\ATarg}{{\check{A}}} -\providecommand{\aTarg}{{\check{a}}} -\providecommand{\BE}{\BRat^{e}} -\providecommand{\bE}{\bRat^{e}} -\providecommand{\BLevBF}{{\mathbf{B}}} -\providecommand{\bLevBF}{{\mathbf{b}}} -\providecommand{\BLevE}{{\BLev^{e}}} -\providecommand{\bLevE}{{\bLev^{e}}} -\providecommand{\BLevU}{{\BLev^{u}}} -\providecommand{\bLevU}{{\bLev^{u}}} -\providecommand{\BLev}{{B}} -\providecommand{\bLev}{{b}} -\providecommand{\bMin}{{\underline{\bRat}}} -\providecommand{\bRatE}{{b}^{e}} -\providecommand{\BRatE}{{B}^{e}} -\providecommand{\bRatU}{{b}^{u}} -\providecommand{\BRat}{{B}} -\providecommand{\bRat}{{b}} -\providecommand{\bRatBF}{{\pmb{\mathrm{b}}}} -\providecommand{\bTargE}{{\check{b}^{e}}} -\providecommand{\BTargTarg}{\Target{\Target{\BRat}}} -\providecommand{\bTargTarg}{\Target{\Target{\bRat}}} -\providecommand{\BTarg}{{\check{B}}} -\providecommand{\bTarg}{{\check{b}}} -\providecommand{\BU}{{B}^{u}} -\providecommand{\bU}{{b}^{u}} -\providecommand{\cAgg}{{\pmb{C}}} -\providecommand{\CARA}{{\alpha}} -\providecommand{\ccRat}{{\mathsf{c}}} -\providecommand{\CDF}{{\mathcal{F}}} -\providecommand{\CEndFunc}{{\mathfrak{C}}} -\providecommand{\cEndFunc}{{\mathfrak{c}}} -\providecommand{\cEss}{{c}^{e}} -\providecommand{\CE}{\CRat^{e}} -\providecommand{\cE}{\cRat^{e}} -\providecommand{\cFuncAbove}{{\bar{\mathrm{c}}}} -\providecommand{\cFuncBelow}{{\uline{\mathrm{c}}}} -\providecommand{\cFuncMax}{{\bar{\bar{\mathrm{c}}}}} -\providecommand{\CFunc}{{\mathrm{C}}} -\providecommand{\cFunc}{{\mathrm{c}}} -\providecommand{\cFunc}{{\mathrm{c}}} -\providecommand{\CGroOverG}{{\Upsilon}} -\providecommand{\CGroOverR}{{\Phi}} -\providecommand{\CGroPF}{{\Lambda}} -\providecommand{\cGroPF}{{\lambda}} -\providecommand{\CGroPS}{{\chi}} % Precautionary Saving boost to consumption growth -\providecommand{\chiFunc}{\pmb{\chi}} -\providecommand{\Chi}{{\mathrm{X}}} % capital chi is sometimes useful, and not native to LaTeX -\providecommand{\CLevBF}{{\mathbf{C}}} -\providecommand{\cLevBF}{{\mathbf{c}}} -\providecommand{\CLevE}{\CLev^{e}} -\providecommand{\cLevE}{\cLev^{e}} -\providecommand{\cLevFunc}{{\pmb{\cFunc}}} -\providecommand{\CLevU}{\CLev^{u}} -\providecommand{\cLevU}{\cLev^{u}} -\providecommand{\cLev}{{c}} -\providecommand{\CLev}{{C}} -\providecommand{\Cons}{{C}} -\providecommand{\cons}{{c}} -\providecommand{\corr}{\varrho} -\providecommand{\cPDVFunc}{{\mathbb{C}}} -\providecommand{\CPDV}{{\text{PDV($C$)}}} -\providecommand{\cPPP}{\cons^{\prime\prime\prime}} -\providecommand{\cPP}{\cons^{\prime\prime}} -\providecommand{\cP}{\cons^{\prime}} -\providecommand{\cRatBF}{{\pmb{c}}} -\providecommand{\CRatE}{\CRat^{e}} -\providecommand{\cRatE}{\cRat^{e}} -\providecommand{\CRatU}{\CRat^{u}} -\providecommand{\cRatU}{\cRat^{u}} -\providecommand{\CRat}{{C}} -\providecommand{\cRat}{{c}} -\providecommand{\CRRA}{{\rho}} -\providecommand{\CTargE}{\CTarg^{\null}} -\providecommand{\cTargE}{{\Target{c}^{e}}} -\providecommand{\cTargTarg}{\Target{\Target{\cRat}}} -\providecommand{\CTarg}{{\Target{C}}} -\providecommand{\cTarg}{{\Target{c}}} -\providecommand{\curr}{1} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\Curr}{t} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\CU}{\CRat^{u}} -\providecommand{\cU}{\cRat^{u}} -\providecommand{\dRat}{{d}} -\providecommand{\debtLim}{\mathsf{d}} -\providecommand{\Debt}{{D}} -\providecommand{\debt}{{d}} -\providecommand{\DeprFac}{{\daleth}} -\providecommand{\Depr}{{\daleth}} -\providecommand{\depr}{{\delta}} -\providecommand{\deprRte}{{\delta}} % New -\providecommand{\DiscAltuAdj}{{\underline{\underline{\beth}}}} -\providecommand{\DiscAlt}{{\beth}} -\providecommand{\Discount}{{\beta}} -\providecommand{\DiscRate}{{\vartheta}} -\providecommand{\DiscRte}{{\vartheta}} % New -\providecommand{\discRte}{{\vartheta}} % New -\providecommand{\DiscFac}{{\beta}} % New -\providecommand{\DivGro}{{\mathrm{G}}} -\providecommand{\divGro}{{\mathsf{g}}} -\providecommand{\Div}{{D}} -% \providecommand{\div}{{d}} reserved for divide -\providecommand{\DLev}{{D}} -\providecommand{\Dvdnd}{{\mathbf{D}}} -\providecommand{\dvdnd}{{d}} -\providecommand{\edvdnd}{\grave{\dvdnd}} -\providecommand{\EEndMap}{{\mathsf{E}}} -\providecommand{\effUnits}{{X}} -\providecommand{\eFunc}{{\mathrm{e}}} -\providecommand{\ELev}{{E}} -\providecommand{\ek}{{\lambda}} -\providecommand{\EmpGro}{{\Xi}} -\providecommand{\empGro}{{\xi}} -\providecommand{\empState}{\xi} % employment state indicator variable -\providecommand{\EpremLog}{\varphi} % Not using regular \eprem because want to distinguish between \varphi = log E_{t}[\Phi_{t+1}] and \phi_{t} = E[\log \Phi_{t}] -\providecommand{\EPrem}{\pmb{\varphi}} % equity premium -\providecommand{\eprem}{\phi} % log equity premium -\providecommand{\EpShkInv}{\Ex[\pShk^{-1}]} -\providecommand{\erate}{{\cancel{\mho}}} -\providecommand{\error}{{\epsilon}} -\providecommand{\Err}{{Z}} -\providecommand{\err}{{z}} -\providecommand{\err}{{z}} -\providecommand{\Estdr}{{\sigma_{\risky}}} % Standard deviation of log return on risky asset -\providecommand{\Evarr}{{\sigma_{\risky}^{2}}} % Variance of log return on risky asset -\providecommand{\EVarr}{\sigma_{\Risky}^{2}} % Variance of level return on risky asset (when returns norm dist) -\providecommand{\expend}{{\xi}} -%\providecommand{\Ex}{{\mathbb{E}}} % Expectations operator defined in econtex.cls -\providecommand{\FDist}{{\mathcal{F}}} -\providecommand{\fDist}{{\mathcal{f}}} -\providecommand{\FFunc}{{\mathrm{F}}} -\providecommand{\fFunc}{{\mathrm{f}}} -\providecommand{\FLev}{{F}} -\providecommand{\fLev}{{f}} -\providecommand{\fPP}{{\mathrm{f}^{\prime\prime}}} -\providecommand{\FPP}{{\mathrm{F}^{\prime\prime}}} -\providecommand{\fP}{{\mathrm{f}^{\prime}}} -\providecommand{\FP}{{\mathrm{F}^{\prime}}} -\providecommand{\GLev}{{G}} -\providecommand{\GovNW}{{N}} -\providecommand{\govNW}{{n}} -\providecommand{\GovSpend}{{X}} -\providecommand{\govSpend}{{x}} -\providecommand{\Habit}{{H}} -\providecommand{\Habit}{{H}} -\providecommand{\habit}{{h}} -\providecommand{\Ham}{{\mathcal{H}}} % Hamiltonian -\providecommand{\HARKcore}{\texttt{HARKcore}} -\providecommand{\hEndMin}{{\underline{\mathfrak{h}}}} -\providecommand{\hEnd}{{\mathfrak{h}}} -\providecommand{\hFunc}{{\mathrm{h}}} -\providecommand{\Hi}{\hat} -\providecommand{\HLevBF}{{\mathbf{H}}} -\providecommand{\hLevBF}{{\mathbf{h}}} -\providecommand{\HLev}{{H}} -\providecommand{\hLev}{{h}} -\providecommand{\hMin}{{\underline{\h}}} -\providecommand{\HMin}{{\underline{H}}} -\providecommand{\hours}{{\mathfrak{h}}} -\providecommand{\Hours}{{\mathfrak{H}}} -\providecommand{\HRat}{{H}} -\providecommand{\hRat}{{h}} -%\providecommand{\h}{{h}} -\providecommand{\iFunc}{{\mathrm{i}}} -\providecommand{\IFunc}{{\mathrm{I}}} -\providecommand{\ILev}{{I}} -\providecommand{\iLev}{{i}} -\providecommand{\impg}{{\imath}_{\pGro}} -\providecommand{\ImpG}{{\Im}_{\PGro}} -\providecommand{\impr}{{\imath}_{\rfree}} -\providecommand{\ImpR}{{\Im}_{\Rfree}} -\providecommand{\Inc}{{Y}} -\providecommand{\inc}{{y}} -\providecommand{\InvEpShkInv}{\underline{\psi}} -\providecommand{\Inv}{{I}} -\providecommand{\inv}{{i}} -\providecommand{\IRat}{{I}} -\providecommand{\iRat}{{i}} -\providecommand{\itc}{{\zeta}} -\providecommand{\jFunc}{{\mathrm{j}}} -\providecommand{\JLev}{{J}} -\providecommand{\kapRent}{{\varkappa}} -\providecommand{\kapShare}{{\alpha}} -\providecommand{\Kap}{{K}} -\providecommand{\kap}{{k}} -\providecommand{\KFunc}{{\mathrm{K}}} -\providecommand{\kFunc}{{\mathrm{k}}} -\providecommand{\KLevBF}{{\mathbf{K}}} -\providecommand{\kLevBF}{{\mathbf{k}}} -\providecommand{\KLev}{{K}} -\providecommand{\kLev}{{k}} -\providecommand{\kPriceAfterITC}{{\mathscr{P}}} -\providecommand{\kPrice}{{\mathsf{P}}} -\providecommand{\KRat}{{K}} -\providecommand{\kRat}{{k}} -\providecommand{\kTargE}{{\Target{k}^{e}}} -\providecommand{\kTarg}{{\Target{k}}} -\providecommand{\labor}{{\ell}} % -\providecommand{\Labor}{{L}} -\providecommand{\labShare}{{\nu}} -\providecommand{\Leisure}{Z} % -\providecommand{\leisure}{z} % -\providecommand{\leiShare}{{\zeta}} % -\providecommand{\LGro}{{\Lambda}} -\providecommand{\lGro}{{\lambda}} -\providecommand{\LLevBF}{{\mathbf{L}}} -\providecommand{\lLevBF}{{\pmb{\ell}}} -\providecommand{\lLev}{{\ell}} -\providecommand{\LLev}{{L}} -\providecommand{\Lo}{\check} -\providecommand{\LRat}{{L}} -\providecommand{\MaxMaxMPC}{{\bar{\bar{\kappa}}}} -\providecommand{\MaxMinMPC}{{\hat{\underline{\kappa}}}} -\providecommand{\MaxMPC}{{\bar{\kappa}}} -\providecommand{\MaxMPS}{{\PatR}} -\providecommand{\Mean}{{\mathbb{M}}} % Mean -\providecommand{\mEss}{\check{m}^{e}} -\providecommand{\ME}{\MRat^{e}} -\providecommand{\mE}{\mRat^{e}} -\providecommand{\mFunc}{{\mathrm{m}}} -\providecommand{\MinMinMPC}{{\underline{\kappa}}} -\providecommand{\MinMPC}{{\uline{\kappa}}} -\providecommand{\MinMPS}{{\pZero^{1/\CRRA} \PatR}} -\providecommand{\MLevBF}{{\mathbf{M}}} -\providecommand{\mLevBF}{{\mathbf{m}}} -\providecommand{\mLevBF}{{\mathbf{m}}} -\providecommand{\mLevE}{\mLev^{e}} -\providecommand{\MLev}{{M}} -\providecommand{\mLev}{{m}} -\providecommand{\Mod}{\tilde} -\providecommand{\MPCE}{\MPC^{e}} -\providecommand{\MPCFunc}{{\pmb{\kappa}}} -\providecommand{\MPCPPF}{{\Pi}} -\providecommand{\MPCP}{{\pi}} -\providecommand{\MPCU}{\MPC^{u}} -\providecommand{\MPC}{{\kappa}} -\providecommand{\MPSFunc}{{\pmb{lambda}}} -\providecommand{\MPS}{{\lambda}} -\providecommand{\MRatE}{\MRat^{e}} -\providecommand{\mRatE}{\mRat^{e}} -\providecommand{\MRat}{{M}} -\providecommand{\mRat}{{m}} -%\providecommand{\mRatBF}{{\pmb{\mathrm{m}}}} -\providecommand{\MSS}{{\breve{M}}} -\providecommand{\mSS}{{\breve{m}}} -\providecommand{\mTarg}{\check{m}} -\providecommand{\MU}{{M}^{u}} -\providecommand{\mU}{{m}^{u}} -%\providecommand{\m}{{m}} -%\providecommand{\M}{{M}} -%\providecommand{\next}{2} % via search-and-replace -\providecommand{\Next}{t+1} % -\providecommand{\nFunc}{{\mathrm{n}}} -\providecommand{\NLev}{{N}} -\providecommand{\nLev}{{n}} -\providecommand{\NRat}{{N}} -\providecommand{\nRat}{{n}} -\providecommand{\Num}{{N}} -\providecommand{\nIter}{{n}} -\providecommand{\OLevBF}{{\mathbf{O}}} -\providecommand{\oLevBF}{{\mathbf{o}}} -\providecommand{\OLev}{{O}} -\providecommand{\oLev}{{\pmb{o}}} -\providecommand{\ORat}{{O}} -\providecommand{\oRat}{{o}} -\providecommand{\Pareto}{\zeta} -\providecommand{\PatPGroAdj}{\text{\pmb{\Thorn}}_{\underline{\PGro}}} -\providecommand{\patpGroAdj}{\text{\thorn}_{\underline{\pGro}}} -\providecommand{\patpGrohat}{\hat{\text{\thorn}}_{\pGro}} -\providecommand{\PatPGro}{\text{\pmb{\Thorn}}_{\PGro}} -\providecommand{\patpGro}{\text{\thorn}_{\pGro}} -\providecommand{\PatR}{\text{\pmb{\Thorn}}_{\Rfree}} -\providecommand{\patr}{\text{\thorn}_{\rfree}} -\providecommand{\PatU}{\text{\pmb{\Thorn}}_{\urate}} -\providecommand{\patu}{\text{\thorn}_{\urate}} -\providecommand{\PatWGro}{\text{\pmb{\Thorn}}_{\WGro}} -\providecommand{\patwGro}{\text{\thorn}_{\wGro}} -\providecommand{\Pat}{\text{\pmb{\Thorn}}} -\providecommand{\pat}{\text{\thorn}} -\providecommand{\pDeadRate}{{\grave{\cancel{\mathsf{d}}}}} -\providecommand{\pDead}{{\mathfrak{D}}} -\providecommand{\pDieRate}{{\grave{\mathsf{d}}}} -\providecommand{\pDies}{{\mathsf{d}}} % Continuous time death rate -\providecommand{\PDies}{{\mathsf{D}}} % Discrete-time one-period death rate -\providecommand{\diePrb}{{\mathsf{d}}} % Continuous time death rate -\providecommand{\DiePrb}{{\mathsf{D}}} % Discrete-time one-period death rate -\providecommand{\PDV}{{\mathbb{P}}} % PDV -\providecommand{\PGroAdj}{{\underline{\PGro}}} -\providecommand{\pGroAdj}{{\underline{\pGro}}} -\providecommand{\PGrouAdj}{{\underline{\underline{\PGro}}}} -\providecommand{\pGrouAdj}{{\underline{\underline{{\pGro}}}}} -\providecommand{\PGro}{{\Gamma}} -\providecommand{\pGro}{{\gamma}} -\providecommand{\PermGroFac}{{\pmb{\Gamma}}} % Econ-ARK -\providecommand{\PermGroRte}{{\pmb{\gamma}}} % Econ-ARK -\providecommand{\permGroFac}{{\Gamma}} % Econ-ARK -\providecommand{\permGroRte}{{\gamma}} % Econ-ARK -%\providecommand{\phiFunc}{{\digamma}} -\providecommand{\PIHMPC}{{\varkappa}} -\providecommand{\PInc}{{P}} -\providecommand{\PLabor}{{P}} % Permanent labor income in levels -\providecommand{\Plabor}{P} % Permanent labor income in levels -\providecommand{\PLevBF}{{\mathbf{P}}} -\providecommand{\pLevBF}{{\mathbf{p}}} -\providecommand{\PLev}{{P}} -\providecommand{\pLog}{{p}} -\providecommand{\pLev}{{\pmb{p}}} -\providecommand{\PLev}{{P}} -\providecommand{\LivPrb}{{\cancel{\DiePrb}}} -\providecommand{\livPrb}{{\cancel{\diePrb}}} -\providecommand{\PLives}{{\cancel{\PDies}}} -\providecommand{\pLives}{{\cancel{\pDies}}} -%\providecommand{\pNotZero}{{\cancel{\wp}}} -\providecommand{\pNotZero}{(1-\pZero)} -\providecommand{\PopE}{\mathcal{E}} -\providecommand{\popE}{e} -\providecommand{\PopGro}{{\Xi}} -\providecommand{\popGro}{{\xi}} -\providecommand{\PopLev}{{\pmb{N}}} -\providecommand{\PopU}{\mathcal{U}} -\providecommand{\Pop}{{L}} -\providecommand{\PostITC}{{\cancel{\zeta}}} -\providecommand{\power}{{\eta}} -\providecommand{\pPDVFunc}{{\mathbb{P}}} -\providecommand{\PPDV}{{\text{PDV($P$)}}} -\providecommand{\pRat}{{p}} -\providecommand{\Price}{{\mathsf{P}}} -\providecommand{\ProdFunc}{{\mathrm{F}}} -\providecommand{\ProdFunc}{{\mathrm{F}}} -\providecommand{\prodFunc}{{\mathrm{f}}} -\providecommand{\prudEx}{{\omega}} -\providecommand{\prud}{{\eta}} -\providecommand{\pSav}{{\phi}} -\providecommand{\pShkMin}{\underline{\psi}} % -\providecommand{\PShk}{\Psi} % -\providecommand{\PermShkAgg}{\Psi} % New -\providecommand{\PermShk}{\Psi} % New -\providecommand{\permShk}{\psi} % New -\providecommand{\pShk}{\psi} % -\providecommand{\permShkInd}{\psi} % New -\providecommand{\pshk}{\psi} % -\providecommand{\PtyGro}{{\Phi}} -\providecommand{\PtyGro}{{\Phi}} -\providecommand{\ptyGro}{{\phi}} -\providecommand{\PtyLab}{{\mathrm{Z}}} % Labor productivity -\providecommand{\ptyLab}{{z}} % usually, log of \PtyLab -\providecommand{\PtyLev}{{A}} % Multiplies overall production function -\providecommand{\ptyLev}{{a}} % Usually, log of \PtyLev -\providecommand{\pZero}{{\wp}} -\providecommand{\QLev}{{Q}} -\providecommand{\q}{{\koppa}} -\providecommand{\RCpnd}{{\mathbf{R}}} -\providecommand{\RevFunc}{{\pmb{\Pi}}} -\providecommand{\revFunc}{{\pmb{\pi}}} -\providecommand{\Rev}{{\Pi}} -\providecommand{\rev}{{\pi}} -\providecommand{\rfree}{{\mathsf{r}}} % The net return on the safe asset at an annual rate -\providecommand{\Rfree}{{\mathsf{R}}} % The return factor on the safe asset - unfortunately mathfrak fonts don't come through for tth -\providecommand{\RfreeAgg}{{\bar{\Rfree}}} -\providecommand{\RFunc}{{\mathrm{R}}} -\providecommand{\RGross}{{\breve{\mathsf{R}}}} -\providecommand{\rGross}{{\breve{\mathsf{r}}}} -%\providecommand{\RiskyAlt}{{\acute{\mathbf{R}}}} % The return on the risky asset -\providecommand{\RiskyAlt}{{\pmb{\mathfrak{R}}}} % The return on the risky asset -% \providecommand{\riskyAlt}{{\acute{\mathbf{r}}}} % The net return on the risky asset annual rate -\providecommand{\riskyAlt}{{\pmb{\mathfrak{r}}}} % The net return on the risky asset annual rate -\providecommand{\riskyshare}{{\varsigma}} -\providecommand{\Risky}{{\mathbf{R}}} % The return on the risky asset -\providecommand{\risky}{{\mathbf{r}}} % The net return on the risky asset annual rate -\providecommand{\RLev}{{R}} % Rate of return (but better to use \Rfree or \Risky or something else more specific -\providecommand{\RnormWGro}{{\mathcal{R}_{\WGro}}} % Normalized version of riskless return factor -\providecommand{\rnormwGro}{{\mathit{r}_{\wGro}}} % Normalized version of riskless rate of return -\providecommand{\Rnorm}{{\mathcal{R}}} % Normalized version of riskless return factor -\providecommand{\rnorm}{{\mathit{r}}} % Normalized version of riskless rate of return -\providecommand{\Rport}{{\tilde{R}}} % Portfolio -weighted return -\providecommand{\rport}{{\tilde{r}}} -\providecommand{\Rprod}{{\mathscr{R}}} -\providecommand{\rprod}{{\mathscr{r}}} -\providecommand{\rProd}{{\mathsf{r}}} -\providecommand{\RProd}{{\mathsf{R}}} -\providecommand{\RSave}{{\underline{\Rfree}}} -\providecommand{\rsave}{{\underline{\rfree}}} -\providecommand{\RBoro}{{\bar{\Rfree}}} -\providecommand{\rboro}{{\bar{\rfree}}} -%\providecommand{\R}{\Rfree} -\providecommand{\saveRate}{\grave{s}} % saving (income minus consumption) over income -\providecommand{\Save}{S} % Saving (income minus consumption) -\providecommand{\save}{s} % saving (income minus consumption) -\providecommand{\SDF}{\MLev} % Stochastic Discount Factor -\providecommand{\sdr}{\mRat} % Stochastic Discount rate -\providecommand{\Seniority}{{\mathsf{X}}} -\providecommand{\seniority}{{\mathsf{x}}} -\providecommand{\SeverancePayment}{{\mathcal{S}}} -\providecommand{\SeveranceRatio}{{\varsigma}} -%\providecommand{\Severance}{{\varsigma}} -\providecommand{\Severance}{\kappa} -\providecommand{\SE}{\SRat^{e}} -\providecommand{\sE}{\sRat^{e}} -\providecommand{\sFunc}{{\mathrm{s}}} -\providecommand{\shk}{\phi} -\providecommand{\Shk}{\Phi} -\providecommand{\ShkLogZeroLogStd}{\sigma_{\cancel{\ShkMeanOneLog}}} % Std of that shock -\providecommand{\ShkLogZeroLogVar}{\sigma_{\cancel{\ShkMeanOneLog}}^{2}} % Variance of that shock -\providecommand{\ShkLogZeroLog}{\cancel{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkLogZero}{\cancel{\ShkMeanOne}} % A shock whose expectation in logs is zero; cancellation of the nonzero mean for the mean one shock -\providecommand{\ShkMeanOneLogStd}{\sigma_{\ShkMeanOneLog}} % Std of that shock -\providecommand{\ShkMeanOneLogVar}{\sigma^{2}_{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkMeanOneLog}{\theta} % Log of that shock -\providecommand{\ShkMeanOne}{\Theta} % A shock whose expectation in levels is always equal to one regardless of variance -\providecommand{\SLevBF}{\mathbf{S}} -\providecommand{\sLevBF}{\mathbf{s}} -\providecommand{\SLevE}{\SLev^{e}} -\providecommand{\sLevE}{\sLev^{e}} -\providecommand{\SLevU}{\SLev^{u}} -\providecommand{\sLevU}{\sLev^{u}} -\providecommand{\SLev}{{S}} -\providecommand{\sLev}{{s}} -\providecommand{\srate}{{\varsigma}} -\providecommand{\SRatE}{\SRat^{e}} -\providecommand{\sRatE}{\sRat^{e}} -\providecommand{\SRatU}{\SRat^{u}} -\providecommand{\sRatU}{\sRat^{u}} -\providecommand{\SRat}{{S}} -\providecommand{\sRat}{{s}} -\providecommand{\STargE}{\Target{\SRat}^{\null}} -\providecommand{\sTargE}{\Target{\sRat}^{\null}} -\providecommand{\STargTarg}{\Target{\Target{\SRat}}} -\providecommand{\sTargTarg}{\Target{\Target{\sRat}}} -\providecommand{\STarg}{\Target{\SRat}} -\providecommand{\sTarg}{\Target{\sRat}} -\providecommand{\Steady}{\bar} -\providecommand{\Stocks}{{S}} -\providecommand{\stocks}{{s}} -\providecommand{\straight}{\Pi} -\providecommand{\Surplus}{{Z}} -\providecommand{\surplus}{{z}} -\providecommand{\SU}{\SRat^{u}} -\providecommand{\sU}{\sRat^{u}} -\providecommand{\Target}{\check} -\providecommand{\TaxCombInv}{{\mathcal{T}^{-1}}} -\providecommand{\TaxComb}{{\mathcal{T}}} -\providecommand{\TaxCorp}{{\Large \tau}} -\providecommand{\taxCorp}{{\tau}} -\providecommand{\taxDep}{{\partial}} -\providecommand{\TaxFree}{{\cancel{\Tax}}} -\providecommand{\TaxLev}{T} -\providecommand{\TaxNetTrans}{{Z}} -\providecommand{\taxNetTrans}{{z}} -\providecommand{\TaxPaid}{{T}} -\providecommand{\TaxRate}{{t}} -\providecommand{\TaxUI}{{\tau}} -\providecommand{\Tax}{{\tau}} -\providecommand{\tax}{\tau} -\providecommand{\tBak}{{\pmb{n}}} -\providecommand{\TEatBak}{{\mathtt{q}}} -\providecommand{\TEat}{{\TEnd}} -\providecommand{\TEndBak}{{\mathsf{p}}} -\providecommand{\TEnd}{{T}} -\providecommand{\TermTime}{{T}} -\providecommand{\tFwd}{{n}} -\providecommand{\tHorOfm}{{\pmb{n}}} -\providecommand{\tHor}{{\mathsf{n}}} -\providecommand{\timeRate}{{\vartheta}} -\providecommand{\tinyAmount}{{\epsilon}} -\providecommand{\TLev}{{T}} -\providecommand{\TMap}{\mathscr{T}} -\providecommand{\tNow}{{t}} -\providecommand{\tShkAll}{\xi} % -\providecommand{\tShkEmpMin}{\underline{\theta}} % -\providecommand{\TShkEmp}{\Theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tranShkInd}{\theta} % New -\providecommand{\TranShkAgg}{\Theta} % New -\providecommand{\TShk}{\Xi} % -\providecommand{\tShk}{\xi} % -\providecommand{\tshk}{\xi} % -\providecommand{\tSS}{{t}} -\providecommand{\tThen}{{\tau}} -\providecommand{\uFunc}{{{\mathrm{u}}}} -\providecommand{\uInvEpShkuInv}{\underline{\underline{\psi}}} -\providecommand{\ULev}{{U}} -\providecommand{\uLev}{{u}} -\providecommand{\unins}{{\zeta}} -\providecommand{\uPDVFunc}{{\mathbb{U}}} -\providecommand{\uPmt}{{\mu}} -\providecommand{\uPPP}{{{\mathrm{u}^{\prime\prime\prime}}}} -\providecommand{\uPP}{{{\mathrm{u}^{\prime\prime}}}} -\providecommand{\uP}{{{\mathrm{u}^{\prime}}}} -\providecommand{\urate}{{\mho}} -\providecommand{\utilFunc}{{\mathrm{u}}} -\providecommand{\util}{{u}} -\providecommand{\ValAlt}{{\mathcal{V}}} % middle-of-period Value function -\providecommand{\valfn}{{\mathrm{v}}} % middle-of-period value function -\providecommand{\Value}{{\mathrm{V}}} % middle-of-period Value function -\providecommand{\VEndFunc}{{\mathfrak{V}}} -\providecommand{\vEndFunc}{{\mathfrak{v}}} -\providecommand{\VEnd}{{\mathfrak{V}}} % end-of-period Value function -\providecommand{\vEnd}{{\mathfrak{v}}} % end-of-period value function -\providecommand{\vEss}{\check{v}^{e}} -\providecommand{\VE}{{V}^{e}} -\providecommand{\vE}{{v}^{e}} -\providecommand{\vFirm}{{\mathrm{e}}} -\providecommand{\VFunc}{{\mathrm{V}}} -\providecommand{\vFunc}{{\mathrm{v}}} -\providecommand{\VInv}{{\Lambda}} -\providecommand{\vInv}{{\scriptstyle \Lambda \displaystyle}} -\providecommand{\vk}{{\lambda}} -\providecommand{\vLevBF}{{\mathbf{v}}} -\providecommand{\VLevFunc}{{\pmb{\mathrm{V}}}} -\providecommand{\vLevFunc}{{\pmb{\mathrm{v}}}} -\providecommand{\VLev}{{V}} -\providecommand{\vLev}{{v}} -\providecommand{\vNorm}{{\mathrm{w}}} % end-of-period value function -\providecommand{\VNum}{{V}} -\providecommand{\vNum}{{v}} -\providecommand{\vOptAlt}{{\Alt{\Mod{\mathfrak{v}}}}} -\providecommand{\vOpt}{{\Mod{\mathfrak{v}}}} -\providecommand{\VRat}{{V}} -\providecommand{\vRat}{{v}} -\providecommand{\vTarg}{\Target{\vRat}} -\providecommand{\VU}{{V}^{u}} -\providecommand{\vU}{{v}^{u}} -\providecommand{\Wage}{{\mathsf{W}}} -\providecommand{\wage}{{\mathsf{w}}} -\providecommand{\WAllLev}{{\mathbf{O}}} -\providecommand{\wAllLev}{{\mathbf{o}}} -\providecommand{\WAllRat}{{O}} -\providecommand{\wAllRat}{{o}} -\providecommand{\WAll}{{O}} -\providecommand{\wAll}{{o}} -\providecommand{\WBeg}{\KLev} % Wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\wBeg}{\kLev} % wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\Wealth}{{O}} -\providecommand{\wealth}{{o}} -\providecommand{\WEndRat}{\ARat} % -\providecommand{\wEndRat}{\aRat} % -\providecommand{\WEnd}{\ALev} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wEnd}{\aLev} % wealth as of the end of the period (after C has been taken) -\providecommand{\Wend}{\ARat} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wend}{\aRat} % wealth as of the end of the period (after C has been taken) -\providecommand{\wFunc}{\mathrm{w}} -\providecommand{\WGroPF}{{\mathrm{G}}} -\providecommand{\WGro}{{\mathrm{G}}} -\providecommand{\wGro}{{\mathsf{g}}} -\providecommand{\whumMin}{\underline{\hRat}} % human wealth -- individual -\providecommand{\WHum}{\HLev} % Human wealth -- aggregate -\providecommand{\wHum}{\hLev} % human wealth -- individual -\providecommand{\Whum}{\HRat} % Human wealth -- aggregate -\providecommand{\whum}{\hRat} % human wealth -- individual -\providecommand{\WLev}{{W}} -\providecommand{\wLev}{\pmb{w}} -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wMid}{\bLev} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\Wmid}{\BRat} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wmid}{\bRat} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMkt}{\MLev} % Wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wMkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wmkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wNet}{{x}} % -\providecommand{\WNet}{{X}} % Total wealth -\providecommand{\WPre}{{K}} -\providecommand{\wPre}{{k}} -\providecommand{\wRat}{{o}} % -\providecommand{\WRat}{{O}} % Ratio to permanent income -\providecommand{\wTot}{{\mathbf{o}}} % -\providecommand{\WTot}{{\mathbf{O}}} % Total wealth -\providecommand{\wtot}{{o}} % -\providecommand{\Wtot}{{O}} % Total wealth -\providecommand{\xFer}{\chi} -\providecommand{\XFer}{X} -\providecommand{\xFunc}{\mathrm{x}} -\providecommand{\XLev}{{X}} -\providecommand{\xLev}{{x}} -\providecommand{\xpend}{{\xi}} -\providecommand{\XperGro}{{\mathsf{X}}} -\providecommand{\xperGro}{{\mathsf{x}}} -\providecommand{\XRat}{{X}} -\providecommand{\xRat}{{x}} -\providecommand{\yFunc}{\mathrm{y}} -\providecommand{\yLevBF}{{\mathbf{y}}} -\providecommand{\YLev}{{Y}} -\providecommand{\YLevBF}{{\mathbf{Y}}} -\providecommand{\yLev}{{y}} -\providecommand{\YRat}{{Y}} -\providecommand{\yRat}{{y}} -\providecommand{\yTargE}{{\check{y}^{e}}} -\providecommand{\yTarg}{{\check{y}}} -\providecommand{\zAgg}{{\pmb{Z}}} -\providecommand{\zFunc}{\mathrm{z}} -\providecommand{\ZLevBF}{{\mathbf{Z}}} -%\providecommand{\zLevBF}{{\mathbf{z}}} -\providecommand{\zLevBF}{{\pmb{z}}} -\providecommand{\ZLev}{{Z}} -\providecommand{\zLev}{{z}} -\providecommand{\ZRat}{{Z}} -\providecommand{\zRat}{{z}} - -\providecommand{\DieFac}{\pDead} -\providecommand{\LivFac}{\Alive} -\providecommand{\PopFac}{\PopGro} -\providecommand{\popRte}{\popGro} - - -\providecommand{\NFALev}{\NLev} -\providecommand{\NFARat}{\NRat} -\providecommand{\NI}{{Z}} -\providecommand{\GDPLev}{\pmb{P}} -\providecommand{\GDPRat}{P} -\providecommand{\GDPGro}{\gimel} -\providecommand{\gdpLev}{\pmb{p}} -\providecommand{\gdpRat}{p} -\providecommand{\weight}{\omega} - - -\providecommand{\bi}{} -\renewcommand{\bi}{\begin{itemize}} -\providecommand{\ei}{} -\renewcommand{\ei}{\end{itemize}} -\providecommand{\reqd}{} -\renewcommand{\reqd}{\item[$^{*}$]} -\providecommand{\recm}{} -\renewcommand{\recm}{\item[\phantom{$^{*}$}]} - -\providecommand{\pd}[2]{\frac{\partial#1}{\partial#2}} - - -% Ensure that you're in math mode when using the \cancel command (otherwise tex4ht produces bad output) -\providecommand{\cncl}{} -\renewcommand\cncl[1]{{\cancel{#1}}} diff --git a/docs/NARK/texmf-local/tex/latex/makePostHandoutsStart.tex b/docs/NARK/texmf-local/tex/latex/makePostHandoutsStart.tex deleted file mode 100644 index d3c19da71..000000000 --- a/docs/NARK/texmf-local/tex/latex/makePostHandoutsStart.tex +++ /dev/null @@ -1,6 +0,0 @@ - -% Begin creating shell to make and post set of notes - -\write18{touch makePostHandouts.sh ; rm makePostHandouts.sh} -\write18{cat /Volumes/Data/Courses/Choice/LectureNotes/makePost/shellStart.txt > makePostHandouts.sh} -\write18{chmod a+x makePostHandouts.sh} diff --git a/docs/NARK/texmf-local/tex/latex/pdfsuppressruntime.sty b/docs/NARK/texmf-local/tex/latex/pdfsuppressruntime.sty deleted file mode 100644 index 7a3a716d9..000000000 --- a/docs/NARK/texmf-local/tex/latex/pdfsuppressruntime.sty +++ /dev/null @@ -1,15 +0,0 @@ -% -*- mode: LaTeX; TeX-PDF-mode: t; -*- -% Suppress info that varies from one run to the next even with identical input -% Allows useful diff of PDF docs for git etc -\usepackage{ifxetex} % method is different for xetex than pdflatex or tex4ht -\ifxetex - \special{pdf:trailerid [ - <00112233445566778899aabbccddeeff> - <00112233445566778899aabbccddeeff> - ] -} -\else - \pdfinfoomitdate=1 % No date - \pdftrailerid{} % No trailer ID - \pdfsuppressptexinfo=-1 % Suppress all texinfo -\fi diff --git a/docs/NARK/texmf-local/tex/latex/subfiles.4ht b/docs/NARK/texmf-local/tex/latex/subfiles.4ht deleted file mode 100644 index 2449a6582..000000000 --- a/docs/NARK/texmf-local/tex/latex/subfiles.4ht +++ /dev/null @@ -1,10 +0,0 @@ -% redefine \subfiles@renewEndDocument to prevent TeX4ht issues -\def\:tempa#1{% -\let\enddocument\begingroup% don't stop document processing in the included subfile -\o:subfiles@renewEndDocument:{#1}% call original macro -} -% Tex4ht's version of \let. it saves original command as \o:cmdname: -\HLet\subfiles@renewEndDocument\:tempa - -\Hinput{subfiles} -\endinput diff --git a/docs/NARK/texmf-local/tex/latex/tex4ht/fix-domfilter-parsing-problems.cfg b/docs/NARK/texmf-local/tex/latex/tex4ht/fix-domfilter-parsing-problems.cfg deleted file mode 100644 index 0c438fd42..000000000 --- a/docs/NARK/texmf-local/tex/latex/tex4ht/fix-domfilter-parsing-problems.cfg +++ /dev/null @@ -1,26 +0,0 @@ -\Preamble{xhtml} -\begin{document} -\makeatletter -\catcode`\:=11 -\ConfigureEnv{lstlisting} - {\ifvmode \IgnorePar\fi \EndP - \gHAdvance\listingN by 1 - \HCode{}% - \gdef\start:LstLn{% - \HCode{

    }% - \gdef\start:LstLn{\:nbsp% -\HCode{
    \Hnewline}}} - \bgroup -\pend:def\lst@DeInit{\ifvmode \IgnorePar\fi \EndP \HCode{
    }} - \Configure{listings} - {{\everypar{}\leavevmode}} - {{\everypar{}\leavevmode}} - {\start:LstLn \HCode{}} - {\HCode{}}% - } - {\egroup\par - } - {} {} -\catcode`\:=12 -\makeatother -\EndPreamble diff --git a/docs/NARK/texmf-local/tex/latex/tex4ht/fix-domfilter-parsing-problems_README.md b/docs/NARK/texmf-local/tex/latex/tex4ht/fix-domfilter-parsing-problems_README.md deleted file mode 100644 index 9498df9c9..000000000 --- a/docs/NARK/texmf-local/tex/latex/tex4ht/fix-domfilter-parsing-problems_README.md +++ /dev/null @@ -1,3 +0,0 @@ -https://tex.stackexchange.com/questions/615656/float-placement-for-listings-causes-warnings-in-make4ht - -Although things compiled, there were worrisome domfilter errors. This code is a patch which seems to fix them. diff --git a/docs/NARK/texmf-local/tex/latex/tex4ht/pictureenv.4ht b/docs/NARK/texmf-local/tex/latex/tex4ht/pictureenv.4ht deleted file mode 100644 index b51123edc..000000000 --- a/docs/NARK/texmf-local/tex/latex/tex4ht/pictureenv.4ht +++ /dev/null @@ -1,3 +0,0 @@ -% pictureenv.4ht from https://tex.stackexchange.com/questions/448300/tex4ht-conflict-with-math-in-table-vs-outside-table-when-using-svg - -\ConfigureEnv{pictureenv}{\Picture*{}}{\EndPicture}{}{} diff --git a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md deleted file mode 100644 index 77f06a6eb..000000000 --- a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures-README.md +++ /dev/null @@ -1,9 +0,0 @@ -20191212 - struggled for several hours to get svg figures to work properly - -The current version works - -There seem to be two options: - -1. If you never set a specified size of a figure (like \includegraphics[width=6in]) then the method discussed [here](https://tug.org/pipermail/tex4ht/2015q2/001166.html) works. But dies with a division by zero error whenever the size has been explicitly set. It can be resurrected by uncommenting the \Configure{graphics*}{svg} portion of the file -1. In cases where the size is set (as is frequently the case), the current version obtains the dimensions directly from the svg file - * This might have problems with an svg file without explicit dimensions diff --git a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg deleted file mode 100644 index fd6fde79d..000000000 --- a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg +++ /dev/null @@ -1,90 +0,0 @@ -% -*-latex-*- -\Preamble{charset="latin1",p-width,pic-align,pic-tabular} -\DeclareGraphicsExtensions{.svg,.png,.jpg} % change to %\DeclareGraphicsExtensions{.png,.svg,.jpg} to prefer png pix - -% \Configure{Picture}{.svg} - -\Configure{VERSION}{} - -\DeclareGraphicsRule{.png}{bmp}{.xbb}{} -% \DeclareGraphicsRule{.svg}{svg}{.xbb}{} % Uncomment if you want to use the commented-out method of configuring svg files to get the size from a boundingbox created by ebb -x *.png - -\ConfigureEnv{figure} -{\ifvmode\IgnorePar\fi\EndP\HCode{
    }% - \bgroup \Configure{float}{\ShowPar}{}{}% -} -{\egroup - \ifvmode\IgnorePar\fi\EndP\HCode{
    }\ShowPar - \par} -{}{} - -\Css{div.caption {text-align:left;font-size:83\%;text-indent:0em; margin-left:2em; margin-right:2em; }} -\Css{div.caption span.id{font-variant: small-caps; white-space: nowrap; }} -\Css{.figure div.caption{text-align: center;}} -\Css{.table div.caption{text-align: center;}} -\Css{.table div.pic-tabular{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.figure{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.table{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.float{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} - -% 20200910: Tried a bunch of ways to center the tabbing envt; all failed: -% \Css{div.tbody{text-align:center;}} -% \Css{.table div.tabbing{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -% \Css{div.tabbing{text-align:center;}} -% \Css{.tabbing div.tbody{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -% \Css{.table tabbing div.tbody{text-align:center;clear:both;overflow:auto;margin-bottom:1em;margin-left:auto;margin-right:auto}} - -\ConfigureEnv{subfigure} -{\ifvmode\IgnorePar\fi\EndP\HCode{
    } -} -{\ifvmode\IgnorePar\fi\EndP\HCode{
    }}{}{} -% \Css{.subfigure{display: inline-block;}} would make the figures float next to each other -\Css{.subfigure img{display:block; margin-left:auto; margin-right:auto}} % Should, but does not seem to, center captions - -% The following is for figures in png format -\Configure{graphics*} -{png} -{%the special command below so it will copy the png over - \special{t4ht+@File: \csname Gin@base\endcsname.png} - \Picture[pict]{\csname Gin@base\endcsname .png - \space width="\expandafter\the\csname Gin@req@width\endcsname" - } -} - -\Configure{Picture}{.svg} - -\makeatletter -\Configure{graphics*} -{svg} -{ - {\Configure{Needs}{File: \Gin@base.svg}\Needs{}} - \Picture[\csname a:GraphicsAlt\endcsname]{\csname Gin@base\endcsname.svg - \csname a:Gin-dim\endcsname} -} - -\makeatother - -% add any custom \Css or HTML commands here as needed. - -% Fix tex4ht includegraphics to allow scaling relative to textwidth -% https://tex.stackexchange.com/questions/563276/graphics-scaling-in-tex4ht -\makeatletter -\ExplSyntaxOn -\Configure{Gin-dim}{style="width:\fp_eval:n{round(\Gin@req@width/\textwidth*100,2)}\%"} -\ExplSyntaxOff -\makeatother - -\Css{.equation td{text-align:center; }} -\Css{td.equation { margin-top:5em; margin-bottom:5em; }} - -% These tell tex4ht to make inline math images also -\begin{document} - -\Configure{$}{\PicMath}{\EndPicMath}{} -\Configure{PicMath}{}{}{}{class="math";align="absmiddle"} - -\EndPreamble - -% Local Variables: -% TeX-PDF-mode: t -% End: diff --git a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_fix-dmofilter-parsing-problems.cfg b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_fix-dmofilter-parsing-problems.cfg deleted file mode 100644 index 955f024f5..000000000 --- a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_fix-dmofilter-parsing-problems.cfg +++ /dev/null @@ -1,107 +0,0 @@ -% -*-latex-*- -\Preamble{xhtml,charset="latin1",p-width,pic-align,pic-tabular} -\DeclareGraphicsExtensions{.svg,.png,.jpg} % change to %\DeclareGraphicsExtensions{.png,.svg,.jpg} to prefer png pix - -\Configure{VERSION}{} - -\DeclareGraphicsRule{.png}{bmp}{.xbb}{} -%\DeclareGraphicsRule{.svg}{svg}{.xbb}{} % Uncomment if you want to use the commented-out method of configuring svg files to get the size from a boundingbox created by ebb -x *.png - -\ConfigureEnv{figure} -{\ifvmode\IgnorePar\fi\EndP\HCode{
    }% -\bgroup \Configure{float}{\ShowPar}{}{}% -} -{\egroup -\ifvmode\IgnorePar\fi\EndP\HCode{
    }\ShowPar -\par} -{}{} - -\Css{div.caption {text-align:left;font-size:83\%;text-indent:0em; margin-left:2em; margin-right:2em; }} -\Css{div.caption span.id{font-variant: small-caps; white-space: nowrap; }} -\Css{.figure div.caption{text-align: center;}} -\Css{.table div.caption{text-align: center;}} -\Css{.table div.pic-tabular{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.figure{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.table{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.float{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} - -% 20200910: Tried a bunch of ways to center the tabbing envt; all failed: -% \Css{div.tbody{text-align:center;}} -% \Css{.table div.tabbing{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -% \Css{div.tabbing{text-align:center;}} -% \Css{.tabbing div.tbody{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -% \Css{.table tabbing div.tbody{text-align:center;clear:both;overflow:auto;margin-bottom:1em;margin-left:auto;margin-right:auto}} - -\ConfigureEnv{subfigure} -{\ifvmode\IgnorePar\fi\EndP\HCode{
    } -} -{\ifvmode\IgnorePar\fi\EndP\HCode{
    }}{}{} -% \Css{.subfigure{display: inline-block;}} would make the figures float next to each other -\Css{.subfigure img{display:block; margin-left:auto; margin-right:auto}} % Should, but does not seem to, center captions - -% The following is for figures in png format -\Configure{graphics*} -{png} -{%the special command below so it will copy the png over -\special{t4ht+@File: \csname Gin@base\endcsname.png} -\Picture[pict]{\csname Gin@base\endcsname .png -\space width="\expandafter\the\csname Gin@req@width\endcsname" -} -} - -\Configure{Picture}{.svg} -\makeatletter -\Configure{graphics*} -{svg} -{ -{\Configure{Needs}{File: \Gin@base.svg}\Needs{}} -\Picture[\csname a:GraphicsAlt\endcsname]{\csname Gin@base\endcsname.svg -\csname a:Gin-dim\endcsname} -} -\makeatother - -%add any custom \Css or HTML commands here as needed. - -% Fix tex4ht includegraphics to allow scaling relative to textwidth -% https://tex.stackexchange.com/questions/563276/graphics-scaling-in-tex4ht -\makeatletter -\ExplSyntaxOn -\Configure{Gin-dim}{style="width:\fp_eval:n{round(\Gin@req@width/\textwidth*100,2)}\%"} -\ExplSyntaxOff -\makeatother - -\Css{.equation td{text-align:center; }} -\Css{td.equation { margin-top:5em; margin-bottom:5em; }} - -%These tell tex4ht to make inline math images also -\begin{document} - -\Configure{$}{\PicMath}{\EndPicMath}{} -\Configure{PicMath}{}{}{}{class="math";align="absmiddle"} - -% Begin content from fix-domfilter-parsing-problems.cfg -\makeatletter -\catcode`\:=11 -\ConfigureEnv{lstlisting} - {\ifvmode \IgnorePar\fi \EndP - \gHAdvance\listingN by 1 - \HCode{}% - \gdef\start:LstLn{% - \HCode{
    }% - \gdef\start:LstLn{\:nbsp% -\HCode{
    \Hnewline}}} - \bgroup -\pend:def\lst@DeInit{\ifvmode \IgnorePar\fi \EndP \HCode{
    }} - \Configure{listings} - {{\everypar{}\leavevmode}} - {{\everypar{}\leavevmode}} - {\start:LstLn \HCode{}} - {\HCode{}}% - } - {\egroup\par - } - {} {} -\catcode`\:=12 -\makeatother - -\EndPreamble diff --git a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_html5.cfg b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_html5.cfg deleted file mode 100644 index 9addc68fc..000000000 --- a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_html5.cfg +++ /dev/null @@ -1,82 +0,0 @@ -% -*-latex-*- -\Preamble{html5,charset="latin1",p-width,pic-align,pic-tabular} -\DeclareGraphicsExtensions{.svg,.png,.jpg} % change to %\DeclareGraphicsExtensions{.png,.svg,.jpg} to prefer png pix - -\Configure{VERSION}{} - -\DeclareGraphicsRule{.png}{bmp}{.xbb}{} -%\DeclareGraphicsRule{.svg}{svg}{.xbb}{} % Uncomment if you want to use the commented-out method of configuring svg files to get the size from a boundingbox created by ebb -x *.png - -\ConfigureEnv{figure} -{\ifvmode\IgnorePar\fi\EndP\HCode{
    }% -\bgroup \Configure{float}{\ShowPar}{}{}% -} -{\egroup -\ifvmode\IgnorePar\fi\EndP\HCode{
    }\ShowPar -\par} -{}{} - -\Css{div.caption {text-align:left;font-size:83\%;text-indent:0em; margin-left:2em; margin-right:2em; }} -\Css{div.caption span.id{font-variant: small-caps; white-space: nowrap; }} -\Css{.figure div.caption{text-align: center;}} -\Css{.table div.caption{text-align: center;}} -\Css{.table div.pic-tabular{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.figure{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.table{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.float{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} - -% 20200910: Tried a bunch of ways to center the tabbing envt; all failed: -% \Css{div.tbody{text-align:center;}} -% \Css{.table div.tabbing{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -% \Css{div.tabbing{text-align:center;}} -% \Css{.tabbing div.tbody{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -% \Css{.table tabbing div.tbody{text-align:center;clear:both;overflow:auto;margin-bottom:1em;margin-left:auto;margin-right:auto}} - -\ConfigureEnv{subfigure} -{\ifvmode\IgnorePar\fi\EndP\HCode{
    } -} -{\ifvmode\IgnorePar\fi\EndP\HCode{
    }}{}{} -% \Css{.subfigure{display: inline-block;}} would make the figures float next to each other -\Css{.subfigure img{display:block; margin-left:auto; margin-right:auto}} % Should, but does not seem to, center captions - -% The following is for figures in png format -\Configure{graphics*} -{png} -{%the special command below so it will copy the png over -\special{t4ht+@File: \csname Gin@base\endcsname.png} -\Picture[pict]{\csname Gin@base\endcsname .png -\space width="\expandafter\the\csname Gin@req@width\endcsname" -} -} - -\Configure{Picture}{.svg} -\makeatletter -\Configure{graphics*} -{svg} -{ -{\Configure{Needs}{File: \Gin@base.svg}\Needs{}} -\Picture[\csname a:GraphicsAlt\endcsname]{\csname Gin@base\endcsname.svg -\csname a:Gin-dim\endcsname} -} -\makeatother - -%add any custom \Css or HTML commands here as needed. - -% Fix tex4ht includegraphics to allow scaling relative to textwidth -% https://tex.stackexchange.com/questions/563276/graphics-scaling-in-tex4ht -\makeatletter -\ExplSyntaxOn -\Configure{Gin-dim}{style="width:\fp_eval:n{round(\Gin@req@width/\textwidth*100,2)}\%"} -\ExplSyntaxOff -\makeatother - -\Css{.equation td{text-align:center; }} -\Css{td.equation { margin-top:5em; margin-bottom:5em; }} - -%These tell tex4ht to make inline math images also -\begin{document} - -\Configure{$}{\PicMath}{\EndPicMath}{} -\Configure{PicMath}{}{}{}{class="math";align="absmiddle"} - -\EndPreamble diff --git a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_tex4ht-and-table-of-contents-fix.cfg b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_tex4ht-and-table-of-contents-fix.cfg deleted file mode 100644 index 6febf9e1b..000000000 --- a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_tex4ht-and-table-of-contents-fix.cfg +++ /dev/null @@ -1,122 +0,0 @@ -% -*-latex-*- -\Preamble{charset="latin1",p-width,pic-align,pic-tabular} -\DeclareGraphicsExtensions{.svg,.png,.jpg} % change to %\DeclareGraphicsExtensions{.png,.svg,.jpg} to prefer png pix - -% \Configure{Picture}{.svg} - -\Configure{VERSION}{} - -\DeclareGraphicsRule{.png}{bmp}{.xbb}{} -% \DeclareGraphicsRule{.svg}{svg}{.xbb}{} % Uncomment if you want to use the commented-out method of configuring svg files to get the size from a boundingbox created by ebb -x *.png - -\ConfigureEnv{figure} -{\ifvmode\IgnorePar\fi\EndP\HCode{
    }% - \bgroup \Configure{float}{\ShowPar}{}{}% -} -{\egroup - \ifvmode\IgnorePar\fi\EndP\HCode{
    }\ShowPar - \par} -{}{} - -\Css{div.caption {text-align:left;font-size:83\%;text-indent:0em; margin-left:2em; margin-right:2em; }} -\Css{div.caption span.id{font-variant: small-caps; white-space: nowrap; }} -\Css{.figure div.caption{text-align: center;}} -\Css{.table div.caption{text-align: center;}} -\Css{.table div.pic-tabular{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.figure{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.table{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.float{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} - -% 20200910: Tried a bunch of ways to center the tabbing envt; all failed: -% \Css{div.tbody{text-align:center;}} -% \Css{.table div.tabbing{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -% \Css{div.tabbing{text-align:center;}} -% \Css{.tabbing div.tbody{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -% \Css{.table tabbing div.tbody{text-align:center;clear:both;overflow:auto;margin-bottom:1em;margin-left:auto;margin-right:auto}} - -\ConfigureEnv{subfigure} -{\ifvmode\IgnorePar\fi\EndP\HCode{
    } -} -{\ifvmode\IgnorePar\fi\EndP\HCode{
    }}{}{} -% \Css{.subfigure{display: inline-block;}} would make the figures float next to each other -\Css{.subfigure img{display:block; margin-left:auto; margin-right:auto}} % Should, but does not seem to, center captions - -% The following is for figures in png format -\Configure{graphics*} -{png} -{%the special command below so it will copy the png over - \special{t4ht+@File: \csname Gin@base\endcsname.png} - \Picture[pict]{\csname Gin@base\endcsname .png - \space width="\expandafter\the\csname Gin@req@width\endcsname" - } -} - -\Configure{Picture}{.svg} - -\makeatletter -\Configure{graphics*} -{svg} -{ - {\Configure{Needs}{File: \Gin@base.svg}\Needs{}} - \Picture[\csname a:GraphicsAlt\endcsname]{\csname Gin@base\endcsname.svg - \csname a:Gin-dim\endcsname} -} - -\makeatother - -% add any custom \Css or HTML commands here as needed. - -% Fix tex4ht includegraphics to allow scaling relative to textwidth -% https://tex.stackexchange.com/questions/563276/graphics-scaling-in-tex4ht -\makeatletter -\ExplSyntaxOn -\Configure{Gin-dim}{style="width:\fp_eval:n{round(\Gin@req@width/\textwidth*100,2)}\%"} -\ExplSyntaxOff -\makeatother - -\Css{.equation td{text-align:center; }} -\Css{td.equation { margin-top:5em; margin-bottom:5em; }} - -% These tell tex4ht to make inline math images also -\begin{document} - -\Configure{$}{\PicMath}{\EndPicMath}{} -\Configure{PicMath}{}{}{}{class="math";align="absmiddle"} - -% https://12000.org/my_notes/faq/LATEX/htch4.htm -% https://tex.stackexchange.com/questions/44541/tex4ht-limit-toc - \ConfigureToc{section} - {\tocNesting{1}\HCode{
  • }}{ }{}{ } - \ConfigureToc{subsection} - {\tocNesting{2}\HCode{
  • }}{ }{}{ } - \ConfigureToc{subsubsection} - {\tocNesting{3}\HCode{
  • }}{ }{}{ } - \Configure{tableofcontents} - {} {\tocNesting{0}} {} {} {} - - \newcount\c - \def\tocNesting#1{% - \expandafter\ifx \csname level#1\endcsname\relax - \ifnum #1>0 \HCode{
      }\fi - \expandafter\def \csname level#1\endcsname{\HCode{
    }} - \fi - \c=#1 \advance\c by 1 - \loop - \csname level\the\c\endcsname - \expandafter\let \csname level\the\c\endcsname\relax - \advance\c by 1 - \ifnum \c<10 \repeat - } - - % allow textwidth in includegraphics -\makeatletter -\ExplSyntaxOn -\Configure{Gin-dim}{style="width:\fp_eval:n{round(\Gin@req@width/\textwidth*100,2)}\char_generate:nn { `\% } { 12 }"} -\ExplSyntaxOff -\makeatother - -\EndPreamble - -% Local Variables: -% TeX-PDF-mode: t -% End: diff --git a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_xhtml.cfg b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_xhtml.cfg deleted file mode 100644 index b303b44f0..000000000 --- a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures_xhtml.cfg +++ /dev/null @@ -1,82 +0,0 @@ -% -*-latex-*- -\Preamble{xhtml,charset="latin1",p-width,pic-align,pic-tabular} -\DeclareGraphicsExtensions{.svg,.png,.jpg} % change to %\DeclareGraphicsExtensions{.png,.svg,.jpg} to prefer png pix - -\Configure{VERSION}{} - -\DeclareGraphicsRule{.png}{bmp}{.xbb}{} -%\DeclareGraphicsRule{.svg}{svg}{.xbb}{} % Uncomment if you want to use the commented-out method of configuring svg files to get the size from a boundingbox created by ebb -x *.png - -\ConfigureEnv{figure} -{\ifvmode\IgnorePar\fi\EndP\HCode{
    }% -\bgroup \Configure{float}{\ShowPar}{}{}% -} -{\egroup -\ifvmode\IgnorePar\fi\EndP\HCode{
    }\ShowPar -\par} -{}{} - -\Css{div.caption {text-align:left;font-size:83\%;text-indent:0em; margin-left:2em; margin-right:2em; }} -\Css{div.caption span.id{font-variant: small-caps; white-space: nowrap; }} -\Css{.figure div.caption{text-align: center;}} -\Css{.table div.caption{text-align: center;}} -\Css{.table div.pic-tabular{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.figure{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.table{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -\Css{div.float{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} - -% 20200910: Tried a bunch of ways to center the tabbing envt; all failed: -% \Css{div.tbody{text-align:center;}} -% \Css{.table div.tabbing{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -% \Css{div.tabbing{text-align:center;}} -% \Css{.tabbing div.tbody{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;margin-left:auto;margin-right:auto}} -% \Css{.table tabbing div.tbody{text-align:center;clear:both;overflow:auto;margin-bottom:1em;margin-left:auto;margin-right:auto}} - -\ConfigureEnv{subfigure} -{\ifvmode\IgnorePar\fi\EndP\HCode{
    } -} -{\ifvmode\IgnorePar\fi\EndP\HCode{
    }}{}{} -% \Css{.subfigure{display: inline-block;}} would make the figures float next to each other -\Css{.subfigure img{display:block; margin-left:auto; margin-right:auto}} % Should, but does not seem to, center captions - -% The following is for figures in png format -\Configure{graphics*} -{png} -{%the special command below so it will copy the png over -\special{t4ht+@File: \csname Gin@base\endcsname.png} -\Picture[pict]{\csname Gin@base\endcsname .png -\space width="\expandafter\the\csname Gin@req@width\endcsname" -} -} - -\Configure{Picture}{.svg} -\makeatletter -\Configure{graphics*} -{svg} -{ -{\Configure{Needs}{File: \Gin@base.svg}\Needs{}} -\Picture[\csname a:GraphicsAlt\endcsname]{\csname Gin@base\endcsname.svg -\csname a:Gin-dim\endcsname} -} -\makeatother - -%add any custom \Css or HTML commands here as needed. - -% Fix tex4ht includegraphics to allow scaling relative to textwidth -% https://tex.stackexchange.com/questions/563276/graphics-scaling-in-tex4ht -\makeatletter -\ExplSyntaxOn -\Configure{Gin-dim}{style="width:\fp_eval:n{round(\Gin@req@width/\textwidth*100,2)}\%"} -\ExplSyntaxOff -\makeatother - -\Css{.equation td{text-align:center; }} -\Css{td.equation { margin-top:5em; margin-bottom:5em; }} - -%These tell tex4ht to make inline math images also -\begin{document} - -\Configure{$}{\PicMath}{\EndPicMath}{} -\Configure{PicMath}{}{}{}{class="math";align="absmiddle"} - -\EndPreamble diff --git a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 deleted file mode 100644 index 795fa2e6c..000000000 --- a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 +++ /dev/null @@ -1,2 +0,0 @@ -Make:image("svg$", -"dvisvgm -n -p ${page} --exact -c 1.0,1.0 -s ${source} > ${output}") diff --git a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 deleted file mode 100644 index b9a47ff77..000000000 --- a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1.mk4 +++ /dev/null @@ -1,2 +0,0 @@ -Make:image("svg$", -"dvisvgm -n -p ${page} --exact -c 1.2,1.2 -s ${source} > ${output}") diff --git a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 deleted file mode 100644 index 29f3724e7..000000000 --- a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p1x1p0.mk4 +++ /dev/null @@ -1,2 +0,0 @@ -Make:image("svg$", -"dvisvgm -n -p ${page} --exact -c 1.2,1.0 -s ${source} > ${output}") diff --git a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 deleted file mode 100644 index b9a47ff77..000000000 --- a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2.mk4 +++ /dev/null @@ -1,2 +0,0 @@ -Make:image("svg$", -"dvisvgm -n -p ${page} --exact -c 1.2,1.2 -s ${source} > ${output}") diff --git a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 deleted file mode 100644 index 29f3724e7..000000000 --- a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p2x1p0.mk4 +++ /dev/null @@ -1,2 +0,0 @@ -Make:image("svg$", -"dvisvgm -n -p ${page} --exact -c 1.2,1.0 -s ${source} > ${output}") diff --git a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 b/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 deleted file mode 100644 index c7425ed51..000000000 --- a/docs/NARK/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p3x1p0.mk4 +++ /dev/null @@ -1,2 +0,0 @@ -Make:image("svg$", -"dvisvgm -n -p ${page} --exact -c 1.3,1.0 -s ${source} > ${output}") diff --git a/docs/NARK/texmf-local/tex/latex/tex4ht/tex4ht_and_table_of_content_issues_fix.cfg b/docs/NARK/texmf-local/tex/latex/tex4ht/tex4ht_and_table_of_content_issues_fix.cfg deleted file mode 100644 index 58d5f04ac..000000000 --- a/docs/NARK/texmf-local/tex/latex/tex4ht/tex4ht_and_table_of_content_issues_fix.cfg +++ /dev/null @@ -1,27 +0,0 @@ -% -*-latex-*- - -\begin{document} -% https://12000.org/my_notes/faq/LATEX/htch4.htm -% https://tex.stackexchange.com/questions/44541/tex4ht-limit-toc - \ConfigureToc{section} - {\tocNesting{1}\HCode{
  • }}{ }{}{ } - \ConfigureToc{subsection} - {\tocNesting{2}\HCode{
  • }}{ }{}{ } - \ConfigureToc{subsubsection} - {\tocNesting{3}\HCode{
  • }}{ }{}{ } - \Configure{tableofcontents} - {} {\tocNesting{0}} {} {} {} - - \newcount\c - \def\tocNesting#1{% - \expandafter\ifx \csname level#1\endcsname\relax - \ifnum #1>0 \HCode{
      }\fi - \expandafter\def \csname level#1\endcsname{\HCode{
    }} - \fi - \c=#1 \advance\c by 1 - \loop - \csname level\the\c\endcsname - \expandafter\let \csname level\the\c\endcsname\relax - \advance\c by 1 - \ifnum \c<10 \repeat - } diff --git a/docs/NARK/texmf-local/tex/latex/tex4htMakeCFG.sh b/docs/NARK/texmf-local/tex/latex/tex4htMakeCFG.sh deleted file mode 100755 index c3c0249c7..000000000 --- a/docs/NARK/texmf-local/tex/latex/tex4htMakeCFG.sh +++ /dev/null @@ -1,16 +0,0 @@ -#!/bin/sh - -if [ $# -eq 0 ] -then - echo "usage: ${0##*/} " - exit 1 -fi - -handoutName=$1 - -# cd "$(dirname "$0")" # http://stackoverflow.com/questions/3349105/how-to-set-current - -cmd="cp `kpsewhich svg-math-and-subfigures_tex4ht-and-table-of-contents-fix.cfg` $handoutName.cfg" -echo "$cmd" ; eval "$cmd" -cmd="cp `kpsewhich svg-set-size-to-1p0.mk4` $handoutName.mk4" -echo "$cmd" ; eval "$cmd" diff --git a/docs/NARK/texmf-local/tex/latex/titlesec.sty b/docs/NARK/texmf-local/tex/latex/titlesec.sty deleted file mode 100644 index f588cad6a..000000000 --- a/docs/NARK/texmf-local/tex/latex/titlesec.sty +++ /dev/null @@ -1,1350 +0,0 @@ -% +--------------------------------------------------+ -% | Typeset titlesec.tex to get the documentation. | -% +--------------------------------------------------+ -% -% Copyright (c) 1998-2016 by Javier Bezos. -% All Rights Reserved. -% -% This file is part of the titlesec distribution release 2.10.2 -% ----------------------------------------------------------- -% -% It may be distributed and/or modified under the -% conditions of the LaTeX Project Public License, either version 1.3 -% of this license or (at your option) any later version. -% The latest version of this license is in -% http://www.latex-project.org/lppl.txt -% and version 1.3 or later is part of all distributions of LaTeX -% version 2003/12/01 or later. -% -% This work has the LPPL maintenance status "maintained". -% -% The Current Maintainer of this work is Javier Bezos. -% -% Notes -% ~~~~~ -% -% The following tags are used: -% ttl@ : the generic tag used through the style -% ttlh@ : a shape definition -% ttlf@ : a macro containing the title format -% ttls@ : id. the title space -% ttlp@ : page key related macros -% ttll@ : level number -% -% The ttlf@ and ttls@ contains data in the form {..}{..}. -% Perhaps in future releases they should be converted -% to a prop-like list, similar to that proposed by the -% latex team. -% -% Admittedly, the current implementation seems too -% complicated, but that's necessary in order to provide -% certain compatibility with the sections as defined by the -% used class. Other packages opt for providing the sections -% as defined by standard classes ignoring the class; for -% instance sectsty which does a simple task in a simple and -% nice way. However, that was not my goal. -% -% Release -% ~~~~~~~ - -\NeedsTeXFormat{LaTeX2e} -\ProvidesPackage{titlesec}[2016/03/21 v2.10.2 Sectioning titles] - -% Initialization -% ~~~~~~~~~~~~~~ - -\newif\ifttl@ps -\ttl@psfalse - -% The \ttl@label switch is used when printing the label in titles. -% A numberless variant makes it to true. -% There is a \ttl@toclabel as well, which is true iff the -% title is numbered; used in toc entries (except default part -% and chapter) and marks (only in titlesec pagestyles). - -\newif\ifttl@label -\newif\ifttl@toclabel - -\newbox\ttl@box - -% A provision for the report style: - -\@ifundefined{if@mainmatter} - {\let\if@mainmatter\iftrue}{} - -\@ifundefined{if@openright} - {\let\if@openright\iftrue}{} - -% and the ams styles as well - -\@ifundefined{@chapapp} - {\let\@chapapp\chaptername}{} - -\def\ttl@trylist{\ttl@try{}} - -\def\ttl@getkeys#1#2{% - \if\expandafter @\@gobble#1@\@empty - \edef\ttl@b{\expandafter\@gobble\string#1}% - \let\ttl@a\ttl@b - \else - \makeatletter - \edef\ttl@d{% - \noexpand\input{ttlkeys.def}% - \catcode`\noexpand\@=\the\catcode`\@}% - \ttl@d - \ttl@getkeys{#1}{#2}% - \fi} - -% A more meaningful error for \@notdefinable - -\expandafter\AtEndOfPackage\expandafter{\expandafter - \gdef\expandafter\@notdefinable\expandafter{\@notdefinable}} - -\def\@notdefinable{% - \PackageError{titlesec}% - {Incompatible package}% - {Titlesec cannot continue defining its own macros - because\MessageBreak - \@backslashchar\reserved@a\space is already used by other package, - the class\MessageBreak - or the document.}} - -% +-----------------+ -% | C L A S S E S | -% +-----------------+ - -\def\ttl@useclass#1#2{% - \@ifstar - {\ttl@labelfalse#1{#2}[]}% - {\ttl@labeltrue\@dblarg{#1{#2}}}} - -\def\ttl@straightclass{\ttl@useclass\ttl@straight@i} -\def\ttl@partclass{\ttl@useclass\ttl@part@i} -\def\ttl@topclass{\ttl@useclass\ttl@top@i} -\def\ttl@pageclass{\ttl@useclass\ttl@page@i} - -% Here \scantokens is used to make sure the unescaped name -% has `letters' and no `others'. Mainly for hyperref, so there -% should be no problems. - -\newcommand\titleclass[1]{% - \edef\ttl@a{\expandafter\@gobble\string#1}% - \ifx\scantokens\@undefined\else - \scantokens\expandafter{\expandafter - \def\expandafter\ttl@a\expandafter{\ttl@a}}% - \fi - \@ifnextchar[{\@tempswatrue\ttl@class@i{#1}}% - {\@tempswafalse\ttl@class@ii{#1}}} - -\def\ttl@class@i#1[#2]{% - \@namedef{ttll@\ttl@a}{#2}% - \expandafter\providecommand\csname\ttl@a title\endcsname{}%%%% - \@ifundefined{ttl@toplevel}{}% - {\expandafter\let\csname ttlss@\ttl@a\expandafter\endcsname - \csname ttlss@\ttl@toplevel\endcsname}% - \edef\ttl@toplevel{\ttl@a}% - \ttl@class@ii{#1}} - -\def\ttl@class@ii#1#2{% - \@ifundefined{ttl@#2class}% - {\PackageError{titlesec}{Unknown sectioning class}% - {Valid names are top, page and straight}}% - {\expandafter\let\csname ttl@compat\ttl@a\endcsname\relax - \@ifundefined{\ttl@a mark}% - {\@namedef{\ttl@a mark}{\@gobble}}% - {}% - \edef#1{% - \expandafter\noexpand\csname ttl@#2class\endcsname{\ttl@a}}}% - \if@tempswa - \expandafter\@gobble - \else - \expandafter\@firstofone - \fi - {\@ifnextchar[% - {\ttl@class@iii}% - {\@ifundefined{ttll@\ttl@a}% - {\PackageError{titlesec}{Unknown sectioning level}% - {\string\titleclass\space with no optional arguments\MessageBreak - only changes the class of an *existing* level}}}}} - -\def\ttl@class@iii[#1]{% - \edef\ttl@b{\expandafter\@gobble\string#1}% - \expandafter\let\csname ttlss@\ttl@a\expandafter\endcsname - \csname ttlss@\ttl@b\endcsname - \expandafter\edef\csname ttlss@\ttl@b\endcsname{\ttl@a}% - \let\ttl@a\ttl@toplevel - \count@\csname ttll@\ttl@toplevel\endcsname - \ttl@class@iv} - -\def\ttl@class@iv{% - \@ifundefined{ttlss@\ttl@a}{}% - {\advance\count@\@ne - \edef\ttl@a{\csname ttlss@\ttl@a\endcsname}% - \expandafter\edef\csname ttll@\ttl@a\endcsname{\the\count@}% - \ttl@class@iv}} - -% Typesetting Classes: General tools -% ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ -% The following command handles the *n spacing -% Some tricks are necessary to multiply a -% skip by a non integer number - -\newskip\beforetitleunit -\beforetitleunit=1ex\@plus.3ex\@minus.06ex -\newskip\aftertitleunit -\aftertitleunit=1ex\@plus.1ex - -\newdimen\ttl@plus -\newdimen\ttl@minus - -\def\ttl@assign#1{% - \@ifstar - {\ttl@assign@i{#1}}% - {\ttl@assign@d{#1}}} - -\def\ttl@assign@i#1#2\relax#3{% - \ttl@plus\z@ - \ttl@minus\z@ - \afterassignment\ttl@assign@ii - \dimen@\the#3, % <- space - #1 = #2\dimen@ - plus #2\ttl@plus - minus #2\ttl@minus} - -\def\ttl@assign@ii#1 {% <- space - \if#1,\else\afterassignment\ttl@assign@ii\fi - \csname ttl@\string#1\endcsname} - -\def\ttl@assign@d#1#2\relax#3{\setlength#1{#2}} - -% To be used with \v/vspace to make them calc-savvy - -\def\ttl@calc#1#2{% - {\setlength\@tempskipa{#2}% - #1\@tempskipa}} - -\def\ttl@calcneg#1#2{% - {\setlength\@tempskipa{#2}% - #1{-\@tempskipa}}} - -% Gets from ttls@ and passes the spacing parameters: - -\def\ttl@startargs#1#2{% Get the first arguments, with the spacing - \@ifundefined{ttlp@#2}% - {\let\ttl@key@page\@empty}% - {\ttlp@fetch{#2}}% - \begingroup - \def\ttl@b{ttls@#2}% - \edef\ttl@key@numberless{\ifttl@label//\else/*\fi}% - \def\ttl@a##1{\csname ttl@key@##1\endcsname}% Used as elt in try - \ttl@trylist - \xdef\ttl@b{\ttl@c}% - \endgroup - \ifx\ttl@b\@empty - \PackageError{titlesec}{Format/spacing not found}% - {I was unable to find the format corresponding to #2.\MessageBreak - Maybe you haven't set it with \string\titleformat\space and - \string\titlespacing} - \fi - \expandafter#1\ttl@b{#2}} - -% Used in ttl@select - -\def\ttl@savefn#1[#2]#3{% - \ifcase#1% - \footnotemark[#2]% - \gdef\ttl@fn{\footnotetext[#2]{#3}}% - \else - \footnotemark - \gdef\ttl@fn{\footnotetext{#3}}% - \fi} - -\def\ttl@nest@error{% - \PackageError{titlesec}{Nested titles}{Titles must not be nested}} - -\def\ttl@hmode@error{% - \PackageError{titlesec}{Entered in horizontal mode} - {The argument cannot contain horizontal material\MessageBreak - such as text, \string\noindent, \string\makebox, etc.}} - -% \ttl@select not only selects the right version to be -% used. It also take steps to ensure that a mark -% is not lost inside a box by saving it into \ttl@mk, -% which in turn is used by the sect and chap commands. - -\newif\ifttl@explicit - -\def\ttl@gmk#1{\gdef\ttl@mk{#1}} - -\def\ttl@select#1#2#3#4{% - \ttl@Hy@saveanchor - \global\let\ttl@mk\@empty % global because of rigidchapters - \global\let\ttl@fn\@empty - \begingroup - \if@inlabel\else % Keep item's \everypar - \everypar{\setbox\z@\lastbox\strut}% - \fi - \let\ttl@straight@i\ttl@nest@error - \let\ttl@top@i \ttl@nest@error - \let\ttl@part@i \ttl@nest@error - \let\ttl@page@i \ttl@nest@error - \let\ttl@newpage\newpage - \def\newpage{\ttl@savewrite\ttl@newpage}% - \def\markboth##1##2{\protect\ttl@gmk{\protect\markboth{##1}{##2}}}% - \def\markright##1{\protect\ttl@gmk{\protect\markright{##1}}}% - \def\@mkboth##1##2{\protect\ttl@gmk{\protect\@mkboth{##1}{##2}}}% - \def\footnote{\@ifnextchar[% - {\ttl@savefn\z@}{\ttl@savefn\@ne[]}}% - \edef\ttl@key@numberless{\ifttl@label//\else/*\fi}% - \def\ttl@b{ttlf@#1}% - \def\ttl@a##1{\csname ttl@key@##1\endcsname}% Used as elt in try - \ttl@trylist - \ifttl@explicit - \def\ttl@passexplicit{\ttl@case{#4}}% - \ttl@c{#4}{#2}{#3}{}% ttl@c is returned by ttl@try with ttlf@... - \else - \let\ttl@passexplicit\ttl@case - \ttl@c{#2}{#3}{#4}% ttl@c is returned by ttl@try with ttlf@... - \fi - \endgroup} - -\let\ttl@savewrite\@empty - -\def\ttl@finmarks{% - \ttl@savewrite - \ttl@mk % Contains a possible mark, returned by \ttl@select - \ttl@fn} % And a footnote - -\def\ttl@try#1{% - \edef\ttl@c{#1}% #1 is a list in the form \ttl@a{key}\ttl@a{key} - \@ifundefined{\ttl@b\ttl@c}{}{% - \edef\ttl@c{\expandafter\noexpand\csname\ttl@b\ttl@c\endcsname}% - \def\ttl@a##1{\csname ttl@extra@##1\endcsname}% - #1% - \let\ttl@try\@gobble}} % locally modified to `break' testings - -% \ttl@write writes marks and toc. tocdepth is taken care of when -% the toc is typesetted and not here. Used always through -% ttl@savewrite, which is reset to \@empty to avoid duplicated -% calls. - -\def\ttl@write#1#2{% - \ttl@blinemarks - \csname#1mark\endcsname{#2}% - \def\ttl@a{\protect\numberline{\@nameuse{the#1}}}% - \@nameuse{ttl@toc#1}% eg, \ttl@tocpart modifies \ttl@a - \ttl@addcontentsline{#1}{#2}% Depends on toctitles, uses \ttl@a - \ttl@elinemarks - \global\ttl@toclabelfalse - \global\let\ttl@savewrite\@empty} - -\newif\ifttl@premark % to be used in ttlps.def -\ttl@premarkfalse - -\def\ttl@premark#1#2{% - \protected@xdef\ttl@prevmarks{\ttl@marks}% - \ttl@blinemarks - \csname#1mark\endcsname{#2}% - \ttl@elinemarks - \gdef\ttl@prevmarks{\ttl@marks}} - -% Must be preceded by a default \ttl@savewrite, which is used -% in starred variants--\@empty in top and straight classes. -% In straight class, it is preceded by the setting of -% prev marks to provide a "fixed" top mark. Otherwise, -% the default prev mark (= curr mark) is used (restored -% after ttl@labelling in straight). This is the command -% to be hacked if you want to change the behaviour of -% starred variants. - -\def\ttl@labelling#1#2{% - \let\ttl@Hy@saveanchor\@empty - \ifttl@label % 1st - if star - \def\ttl@savewrite{\ttl@write{#1}{#2}}% - \@nameuse{ttl@#1label}% eg, sets if mainmatter in chapter. - \ifttl@label % 2nd - eg, if not main matter - \ifnum\@nameuse{ttll@#1}>\c@secnumdepth\relax - \ttl@labelfalse % 3rd - if too deep - \else - \ttl@Hy@refstepcounter{#1}% - \@nameuse{ttl@#1out}% - \fi - \fi - \fi - \let\ifttl@toclabel\ifttl@label - \ifx\ttl@savewrite\@empty\else % If marks - \ifttl@ps - \ifttl@premark - \global\ttl@premarkfalse - \else % if no \pretitlemark - \ttl@premark{#1}{#2}% - \fi - \fi - \ifttl@label\else\ttl@Hy@steplink{#1}\fi - \fi} - -% Executed by ttl@labelling if the name of section is chapter: - -\def\ttl@chapterlabel{\if@mainmatter\else\ttl@labelfalse\fi} - -% Executed by ttl@labelling if chapter has a number. Note -% you can define messages for other sectioning levels (eg, -% \ttl@sectionout). - -\def\ttl@chapterout{\typeout{\chaptertitlename\space\thechapter.}} - -% Straight class -% ~~~~~~~~~~~~~ -% Default for nobottomtitles. Changed by nobottomtitles* - -\def\ttl@addstretch{\advance\@tempskipa-\pagestretch} - -% 1:name 2:level 3:indent 4:before 5:after 6:afind [7]:cap 8:title -% The second argument of ttl@sect is the level, which -% is empty if the star version is used. In this case -% neither the toc nor the marks are written. - -\def\ttl@straight@i#1[#2]#3{% - \def\@currentlabelname{#2}% for nameref - \gdef\ttl@savemark{\csname#1mark\endcsname{#3}}% - \let\ttl@savewrite\@empty - \def\ttl@savetitle{#3}% - \gdef\thetitle{\csname the#1\endcsname}% - \if@noskipsec \leavevmode \fi - \par - \ttl@labelling{#1}{#2}% - \ttl@startargs\ttl@straight@ii{#1}{#3}} - -% 1:left 2:right 3:before 4:after 5:afterindent 6:name 7:title - -\def\ttl@straight@ii#1#2#3#4#5#6#7{% - \ttl@assign\@tempskipa#3\relax\beforetitleunit - \@ifundefined{ttl@ps@#6}{}% - {\PackageWarning{titlesec}{Page style in straight class ignored}}% - \if@nobreak - \ttl@titlespace{\@tempskipa}% - \else - \@ifundefined{#6break}% - {\addpenalty{\@secpenalty}}% - {\csname#6break\endcsname}% - \addvspace{\@tempskipa}% - \ifdim\bottomtitlespace<\z@ - \else - \begingroup - \@tempskipb\pagegoal - \@tempskipa\pagegoal - \ttl@addstretch % \relax if nobottomtitle* - \advance\@tempskipa-\bottomtitlespace\relax % not a register - \pagegoal\@tempskipa - \def\@textbottom{\vskip\z@\@plus.0001fil}% - \penalty9999 - \pagegoal\@tempskipb - \endgroup - \fi - \fi - \@afterindenttrue - \ifcase#5 \@afterindentfalse\fi - \ttl@assign\@tempskipb#4\relax\aftertitleunit - \ttl@select{#6}{#1}{#2}{#7}% - \ttl@finmarks - \@ifundefined{ttlp@#6}{}{\ttlp@write{#6}}% - \if@noskipsec - \global\@nobreakfalse - \everypar{% - \if@noskipsec - \global\@noskipsecfalse - \clubpenalty\@M - \hskip-\parindent - \begingroup - \@svsechd\unskip{\hspace{\@tempskipb}}% - \endgroup - \else - \clubpenalty\@clubpenalty\everypar{}% - \fi}% - \else - \par\nobreak - \vspace{\@tempskipb}% - \@afterheading - \fi - \ignorespaces} - -% Part class -% ~~~~~~~~~~ - -\providecommand\partmark[1]{\markboth{}{}} - -\def\ttl@part@i#1[#2]#3{% - \gdef\ttl@savemark{\csname#1mark\endcsname{#3}}% - \ifx\ttl@notocparts\@undefined - \def\ttl@savewrite{\ttl@write{#1}{#3}}% Not #2! - \else - \let\ttl@savewrite\@empty - \fi - \def\ttl@savetitle{#3}% - \ttl@labelling{#1}{#2}% - \ttl@startargs\ttl@part@ii{#1}{#3}} - -\def\ttl@part@ii#1#2#3#4#5#6#7{% - \ttl@assign\@tempskipa#3\relax\beforetitleunit - \vspace*{\@tempskipa}% - \@ifundefined{ttl@ps@#6}{}% - {\PackageWarning{titlesec}{Page style in part class ignored}}% - \global\@afterindenttrue - \ifcase#5 \global\@afterindentfalse \fi - \ttl@assign\@tempskipb#4\relax\aftertitleunit - \ttl@select{#6}{#1}{#2}{#7}% - \ttl@finmarks - \@ifundefined{ttlp@#6}{}{\ttlp@write{#6}}% - \par\nobreak - \vspace{\@tempskipb}% - \@afterheading} - -% Page class -% ~~~~~~~~~~ - -\def\ttl@page@i#1[#2]#3{% - \gdef\ttl@savemark{\csname#1mark\endcsname{#3}}% - \ifx\ttl@notocparts\@undefined - \def\ttl@savewrite{\ttl@write{#1}{#3}}% Not #2! - \else - \let\ttl@savewrite\@empty - \fi - \def\ttl@savetitle{#3}% - \ttl@labelling{#1}{#2}% - \ttl@startargs\ttl@page@ii{#1}{#3}} - -\def\ttl@page@ii#1#2#3#4#5#6#7{% - \ttl@assign\@tempskipa#3\relax\beforetitleunit - \if@openright - \cleardoublepage - \else - \clearpage - \fi - \@ifundefined{ttl@ps@#6}% - {\thispagestyle{plain}}% - {\thispagestyle{\@nameuse{ttl@ps@#6}}}% - \if@twocolumn - \onecolumn - \@tempswatrue - \else - \@tempswafalse - \fi - \vspace*{\@tempskipa}% - \@afterindenttrue - \ifcase#5 \@afterindentfalse\fi - \ttl@assign\@tempskipb#4\relax\aftertitleunit - \ttl@select{#6}{#1}{#2}{#7}% - \ttl@finmarks - \@ifundefined{ttlp@#6}{}{\ttlp@write{#6}}% - \vspace{\@tempskipb}% - \newpage - \if@twoside - \if@openright - \null - \@ifundefined{ttl@ps@#6}% - {\thispagestyle{empty}}% - {\thispagestyle{\@nameuse{ttl@ps@#6}}}% - \newpage - \fi - \fi - \if@tempswa - \twocolumn - \fi - \ignorespaces} - -% Top class and some makechapterhead stuff -% ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ -% -% \ttl@mkchap is the new make(s)chapterhead. - -\def\ttl@mkchap#1#2#3#4#5#6#7{% - \gdef\ttl@savemark{\csname#6mark\endcsname{#7}}% - \let\ttl@savewrite\@empty - \let\ttl@Hy@saveanchor\@empty - \@ifundefined{ttl@ps@#6}{}% - {\thispagestyle{\@nameuse{ttl@ps@#6}}}% - \let\ifttl@toclabel\ifttl@label - \ttl@mkchap@i{#1}{#2}{#3}{#4}{#5}{#6}{#7}} - -% But \ttl@mkchap@i is used by both makechapterhead and -% the top class. - -\def\ttl@mkchap@i#1#2#3#4#5#6#7{% - \ttl@assign\@tempskipa#3\relax\beforetitleunit - \vspace*{\@tempskipa}% - \global\@afterindenttrue - \ifcase#5 \global\@afterindentfalse\fi - \ttl@assign\@tempskipb#4\relax\aftertitleunit - \ttl@topmode{\@tempskipb}{% - \ttl@select{#6}{#1}{#2}{#7}}% - \ttl@finmarks % Outside the box! - \@ifundefined{ttlp@#6}{}{\ttlp@write{#6}}} - -\def\ttl@top@i#1[#2]#3{% - \gdef\ttl@savemark{\csname#1mark\endcsname{#3}}% - \let\ttl@savewrite\@empty - \def\ttl@savetitle{#3}% - \ttl@labelling{#1}{#2}% - \ttl@startargs\ttl@top@ii{#1}{#3}} - -\def\ttl@top@ii#1#2#3#4#5#6#7{% - \@ifundefined{#6break}% - {\if@openright - \cleardoublepage - \else - \clearpage - \fi}% - {\csname#6break\endcsname}% - \@ifundefined{ttl@ps@#6}% - {\thispagestyle{plain}}% - {\thispagestyle{\@nameuse{ttl@ps@#6}}}% - \global\@topnum\z@ - \@ifundefined{#6tolists}% - {\addtocontents{lof}{\protect\ttl@tocsep}% - \addtocontents{lot}{\protect\ttl@tocsep}} - {\@nameuse{#6tolists}}% - \if@twocolumn - \@topnewpage[\ttl@mkchap@i{#1}{#2}{#3}{#4}{#5}{#6}{#7}]% - \else - \ttl@mkchap@i{#1}{#2}{#3}{#4}{#5}{#6}{#7}% - \@afterheading - \fi - \ignorespaces} - - -% \def\ttl@noskipsectrue{% -% \if@noskipsec -% \PackageError{titlesec}{Invalid shape for top class}% -% {The selected shape only makes sense when merged into\MessageBreak -% a paragraph. That is impossible in the top class}% -% \else - -\newcommand\chaptertitlename{\@chapapp} -\def\ttl@tocsep{\addvspace{10\p@}} - -% +-----------------+ -% | S H A P E S | -% +-----------------+ -% -% % Reformatting Titles: Interface -% ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ - -% The surrounding space is stored in a macro -% named \ttls@
    whose content is -% {left}{right}{before}{after}{afterindent}. -% But if there is the page key, the name is -% \ttls@
    / - -\newcommand\titlespacing{% - \@ifstar{\ttl@spacing@i{\z@}}{\ttl@spacing@i{\@ne}}} - -\def\ttl@spacing@i#1#2#3#4#5{% - \ttl@getkeys{#2}{titlesec}% - \@ifnextchar[{% - \ttl@spacing@ii{#1}{#3}{#4}{#5}% - }{% - \ttl@spacing@ii{#1}{#3}{#4}{#5}[\z@]}} - -\def\ttl@spacing@ii#1#2#3#4[#5]{% - \expandafter\def\csname ttls@\ttl@a\endcsname - {{#2}{#5}{#3}{#4}{#1}}} - -% The section name is built in \ttl@a. -% The format is stored in a macro named \ttlf@
    , -% or \ttlf@
    / if there is the page spec, -% or \ttlf@.../* if numberless is true -% whose content is -% \ttl@{format}{label}{sep}{before}{after} - -\newtoks\ttl@toksa - -\newcommand\titleformat{% - \@ifstar{\ttl@format@s}% - {\ttl@format@i}} - -\def\ttl@format@s#1#2{% - \edef\ttl@a{\expandafter\@gobble\string#1}% - \@ifundefined{ttlf@\ttl@a}% - {\PackageError{titlesec}{Not allowed in `easy' settings} - {The sectiong command you are trying to redefine\MessageBreak - is not handled by the starred variant (eg, \string\part)}}{} - \expandafter\expandafter\expandafter - \ttl@format@si\csname ttlf@\ttl@a \endcsname - {#2}} - -\def\ttl@format@si#1#2#3#4#5#6#7{% - \@namedef{ttlf@\ttl@a}{#1{#7}{#3}{#4}{#5}{#6}}} - -\def\ttl@format@i#1{% - \@ifnextchar[{\ttl@format@ii{#1}}{\ttl@format@ii{#1}[hang]}} - -\def\ttl@format@ii#1[#2]#3#4#5#6{% - \ttl@getkeys{#1}{titlesec}% - \ttl@toksa{{#3}{#4}{#5}{#6}}% Save arguments - \@ifnextchar[{% - \ttl@format@iii{#2}% - }{% - \ttl@format@iii{#2}[]}} - -% First, we get the shape -- if not defined it loads -% the corresponding file. - -\def\ttl@format@iii#1[#2]{% - \@ifundefined{ttlh@#1}{% - \begingroup - \makeatletter - \InputIfFileExists{#1.tss}{}{% - \PackageError{titlesec}{Unknown shape}% - {Shapes are defined in files with extension tss\MessageBreak - Either you have misspelled the shape\MessageBreak - or there is no a #1.tss file}}% - \endgroup}{}% - \@temptokena{#2}% - \ifttl@explicit - \edef\ttl@b{% - \def\expandafter\noexpand\csname ttlf@\ttl@a\endcsname####1% - {\expandafter\noexpand\csname ttlh@#1\endcsname - \the\ttl@toksa{\the\@temptokena}}}% - \else - \edef\ttl@b{% - \def\expandafter\noexpand\csname ttlf@\ttl@a\endcsname - {\expandafter\noexpand\csname ttlh@#1\endcsname - \the\ttl@toksa{\the\@temptokena}}}% - \fi - \ttl@b - \csname ttl@compat\ttl@a\endcsname} - -% Styles -% ~~~~~~ - -% 1:global 2:label 3:sep 4:style 5:after 6:left 7:right 8:title -% \ttl@ and \ttlh@ take the following eight -% arguments: -% {format}{label}{sep}{before}{after}{left}{right}{title} -% where before and after refer to the format. -% With the option explicit, #4 contains the title and #8 is -% empty. - -\def\ttlh@display#1#2#3#4#5#6#7#8{% - \gdef\ttl@makeline##1{\ttl@calc\hspace{#6}##1\ttl@calc\hspace{#7}}% - \setlength\leftskip{#6}% - \setlength\rightskip{#7}% - \interlinepenalty\@M - \ttl@changecentercr - \ttl@beginlongest - #1\ifhmode\ttl@hmode@error\fi - \ttl@glcmds - \parindent\z@ - \ifttl@label - {#2\strut\@@par}\nobreak\ttl@calc\vspace{#3}% - \fi - #4{#8}% - \kern\z@\strut\@@par - \nobreak\ttl@midlongest#5\@@par - \ttl@endlongest} - -\def\ttlh@hang#1#2#3#4#5#6#7#8{% - \gdef\ttl@makeline##1{\ttl@calc\hspace{#6}##1\ttl@calc\hspace{#7}}% - \setlength\leftskip{#6}% - \setlength\rightskip{#7}% - \interlinepenalty\@M - \ttl@changecentercr - \ttl@beginlongest - #1{\ifhmode\ttl@hmode@error\fi - \ttl@glcmds - \parindent\z@ - \begingroup - \ifttl@label - \noindent - \sbox\z@{#2\strut\ttl@calc\hspace{#3}}% - \hangindent\wd\z@ - \box\z@ - \fi - #4{#8}% - \kern\z@\strut\@@par - \endgroup - \nobreak\ttl@midlongest#5\@@par}% - \ttl@endlongest} - -\def\ttlh@runin#1#2#3#4#5#6#7#8{% - \global\@noskipsectrue - \gdef\ttl@makeline##1{##1}% - \ttl@changecentercr - #1{\ifhmode\ttl@hmode@error\fi - \global\sbox\ttl@box{% - \ttl@calc\hspace{#6}% - \ifttl@label{\strut#2}\ttl@calc\hspace{#3}\fi - #4{#8}#5\unskip}}% - \gdef\@svsechd{\unhbox\ttl@box}} - -% +-----------------+ -% | T O O L S | -% +-----------------+ -% -% calcwidth -% ~~~~~~~~~ -% Implemented after code from soul (but much modified...) - -\newdimen\titlewidth -\newdimen\titlewidthlast -\newdimen\titlewidthfirst - -\let\ttl@glcmds\relax -\let\ttl@beginlongest\@empty -\let\ttl@midlongest\@empty -\let\ttl@endlongest\@empty -\let\iftitlemeasuring\@secondoftwo - -\def\ttl@xbeginlongest#1\ttl@endlongest{% - \titlewidth\z@ - \titlewidthlast\z@ - \let\iftitlemeasuring\@firstoftwo - \setbox\ttl@box\vbox{% - \def\ttl@glcmds{% - \def\\{\@ifstar{\@ifnextchar[{\ttl@bs}{\newline}}% - {\@ifnextchar[{\ttl@bs}{\newline}}}% - \def\ttl@bs[####1]{\newline}% - \let\@centercr\\% - \def\ttl@midlongest####1\@@par{}% Very dirty... - \advance\rightskip 1\leftskip plus 1fil - \leftskip=\z@}% - #1}% - \let\iftitlemeasuring\@secondoftwo - \ttl@boxprocess - #1} - -\def\ttl@boxprocess{% - \setbox\ttl@box=\vbox{% - \unvcopy\ttl@box - \unskip\unpenalty - \global\setbox\@ne=\lastbox}% - \ifvoid\@ne - \else - \setbox\tw@=\hbox{\hskip-\leftskip\unhbox\@ne\hskip-\rightskip}% - \titlewidthfirst\wd\tw@ - \ifdim\titlewidth<\titlewidthfirst - \titlewidth\titlewidthfirst - \fi - \ifdim\titlewidthlast=\z@ - \titlewidthlast\titlewidthfirst - \fi - \expandafter\ttl@boxprocess - \fi} - -% Rules -% ~~~~~ - -\providecommand\titleline{% - \@ifstar{\ttl@line@i{\hb@xt@\titlewidth}}% - {\ttl@line@i{}}} - -\def\ttl@line@i#1{% - \@ifnextchar[{\ttl@line{#1}}{\ttl@line{#1}[s]}} - -\def\ttl@line#1[#2]#3{% - \vskip\topskip - \hrule \@height \z@ - \nobreak - \vskip-\topskip - \begingroup - \parindent\z@ - \everypar{}% - \leftskip\z@ - \rightskip\z@ % #1 is either \hb@xt@\titlewidth or empty: - \@makebox[\hsize][#2]{\ttl@makeline{#1{#3}}}% - \par - \endgroup - \hrule height \z@ - \nobreak} - -\providecommand\titlerule{\@ifstar{\ttl@row}{\ttl@rule}} - -\let\ttl@leaders\xleaders % For titletoc compatibility - -\def\ttl@row{\@ifnextchar[{\ttl@row@i}{\ttl@row@i[\wd\z@]}} -\def\ttl@row@i[#1]#2{% - \ifvmode\expandafter\titleline\fi - {\sbox\z@{#2}% - \ttl@calcneg\hspace{#1}% - \hskip\wd\z@ - \ttl@leaders\hb@xt@#1{\hss\box\z@}% - \hfill\kern\z@}} - -\def\ttl@rule{\@ifnextchar[{\ttl@rule@i}{\ttl@rule@i[.4\p@]}} -\def\ttl@rule@i[#1]{% - \ifvmode\expandafter\titleline\fi - {\leaders\hrule height #1\hfill\kern\z@}} - -% Par shapes and space -% ~~~~~~~~~~~~~~~~~~~~ - -\providecommand\filright{% - \gdef\ttl@filleft##1{\hskip##1}% - \gdef\ttl@filright##1{\hfill}% - \let\\\@centercr - \advance\rightskip\z@ \@plus 1fil\relax} -\providecommand\filleft{% - \gdef\ttl@filleft##1{\hfill}% - \gdef\ttl@filright##1{\hskip##1}% - \let\\\@centercr - \advance\leftskip\z@ \@plus 1fil - \parfillskip\z@} -\providecommand\filcenter{\filleft\filright - \gdef\ttl@filleft##1{\hfill}} -\providecommand\fillast{% - \gdef\ttl@filleft##1{\hfill}% - \gdef\ttl@filright##1{\hfill}% - \let\\\@centercr - \filleft\advance\rightskip\z@ \@plus -1fil - \parfillskip\z@ \@plus 2fil\relax} -\newcommand\filinner{% - \if@twoside - \ifodd\count\z@\filleft\else\filright\fi - \else - \filleft - \fi} -\newcommand\filouter{% - \if@twoside - \ifodd\count\z@\filright\else\filleft\fi - \else - \filright - \fi} - -\newcommand\wordsep{\fontdimen\tw@\font \@plus - \fontdimen\thr@@\font \@minus \fontdimen4\font} - -% +-----------------+ -% | O P T I O N S | -% +-----------------+ - - -\DeclareOption{pagestyles}{\let\sectiontitle\@empty} -\DeclareOption{extramarks}{\let\ttl@fetchmark\@empty} -\DeclareOption{floatps}{% - \ifx\sectiontitle\@empty - \let\ttl@replace\space - \else - \PackageWarning{titlesec}{Ignoring `floatps' without - `pagestyles'. This option is now deprecated.}% - \fi} -\DeclareOption{psfloats}{% - \ifx\sectiontitle\@empty - \let\ttl@replace\@empty - \else - \PackageWarning{titlesec}{Ignoring `psfloats' without - `pagestyles'}% - \fi} - -\DeclareOption{loadonly}{\let\ttl@extract\@empty} - -\DeclareOption{outermarks}{% - \def\ttl@titlemarks{\outertitlemarks}} -\DeclareOption{topmarks}{ - \def\ttl@titlemarks{\toptitlemarks}} -\DeclareOption{botmarks}{% - \def\ttl@titlemarks{\bottitlemarks}} -\DeclareOption{innermarks}{% - \def\ttl@titlemarks{\innertitlemarks}} - -\DeclareOption{footmarks}{} % Backward compat - -\DeclareOption{explicit}{\ttl@explicittrue} - -\DeclareOption{clearempty}{% - \def\cleardoublepage{% - \clearpage{\ps@empty\if@twoside\ifodd\c@page\else - \hbox{}\newpage\if@twocolumn\hbox{}\newpage\fi\fi\fi}}} - -\DeclareOption{rigidchapters}{% - \def\ttl@topmode#1#2{\vbox to #1{#2\vfil}}% - \def\ttl@chapafter{.26\textheight}} -\DeclareOption{rubberchapters}{% - \def\ttl@topmode#1#2{{#2}\ttl@calc\vspace{#1}}% - \def\ttl@chapafter{40\p@}} - -\DeclareOption{bottomtitles}{% - \def\bottomtitlespace{-1\p@}} -\DeclareOption{nobottomtitles}{% - \def\bottomtitlespace{.2\textheight}} -\DeclareOption{nobottomtitles*}{% - \let\ttl@addstretch\relax - \def\bottomtitlespace{.2\textheight}} - -\DeclareOption{calcwidth}{% - \let\ttl@beginlongest\ttl@xbeginlongest} - -\DeclareOption{aftersep}{% - \let\ttl@titlespace\@gobble} -\DeclareOption{largestsep}{% - \let\ttl@titlespace\addvspace} - -\DeclareOption{oldparttoc}{% - \def\ttl@tocpart{\def\ttl@a{\thepart\hspace{1em}}}} -\DeclareOption{newparttoc}{% - \let\ttl@tocpart\relax} -\DeclareOption{notocpart*}{% - \let\ttl@notocparts\@empty} - -\DeclareOption{rm}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\rmfamily}} -\DeclareOption{sf}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\sffamily}} -\DeclareOption{tt}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\ttfamily}} -\DeclareOption{md}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\mdseries}} -\DeclareOption{bf}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\bfseries}} -\DeclareOption{up}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\upshape}} -\DeclareOption{it}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\itshape}} -\DeclareOption{sl}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\slshape}} -\DeclareOption{sc}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\scshape}} - -\DeclareOption{big}{% - \gdef\ttl@sizes#1{\ifcase#1\relax\Huge\or\Large\or\large - \or\normalsize\or\or\or\huge\fi}} -\DeclareOption{medium}{% - \gdef\ttl@sizes#1{\ifcase#1\relax\huge\or\Large\or\large - \or\normalsize\or\or\or\LARGE\fi}} -\DeclareOption{small}{% - \gdef\ttl@sizes#1{\ifcase#1\relax\LARGE\or\large - \or\normalsize\or\normalsize\or\or\or\Large\fi}} -\DeclareOption{tiny}{% - \gdef\ttl@sizes#1{\ifcase#1\relax\large\or\normalsize\or - \normalsize\or\normalsize\or\or\or\normalsize\fi}} - -\DeclareOption{raggedleft}{% - \gdef\ttl@fil{\filleft}} -\DeclareOption{center}{% - \gdef\ttl@fil{\filcenter}} -\DeclareOption{raggedright}{% - \gdef\ttl@fil{\filright}} - -\DeclareOption{uppercase}{% - \gdef\ttl@case{\MakeUppercase}} - -\DeclareOption{compact}{% - \gdef\ttl@space{1}% - \gdef\ttl@chapafter{30\p@}} - -% Deprecated. To be remmoved in a major upgrade (3.0) -\DeclareOption{indentfirst}{% - \gdef\@afterindentfalse{\let\if@afterindent\iftrue}% - \@afterindenttrue - \def\titlespacing{% - \@ifstar{\ttl@spacing@i{\@ne}}{\ttl@spacing@i{\@ne}}}} -\DeclareOption{nonindentfirst}{% - \def\titlespacing{% - \@ifstar{\ttl@spacing@i{\z@}}{\ttl@spacing@i{\z@}}}} - -% New names -\DeclareOption{indentafter}{% - \gdef\@afterindentfalse{\let\if@afterindent\iftrue}% - \@afterindenttrue - \def\titlespacing{% - \@ifstar{\ttl@spacing@i{\@ne}}{\ttl@spacing@i{\@ne}}}} -\DeclareOption{noindentafter}{% - \def\titlespacing{% - \@ifstar{\ttl@spacing@i{\z@}}{\ttl@spacing@i{\z@}}}} - -% newlinetospace -\let\ttl@blinemarks\relax -\let\ttl@elinemarks\relax - -\DeclareRobustCommand\ttl@linetosp{% - \@ifstar{\ttl@linetosp@i}{\ttl@linetosp@i}}% - -\def\ttl@linetosp@i{% - \ifdim\lastskip>\z@\else\space\fi - \ignorespaces} - -\DeclareOption{newlinetospace}{% - \def\ttl@blinemarks{% - \let\ttl@e\\% - \def\\{\ttl@linetosp}}% - \def\ttl@elinemarks{\let\\\ttl@e}}% - -% toctitles -\def\ttl@addcontentsline#1#2{% - \addcontentsline{toc}{#1}{\ifttl@toclabel\ttl@a\fi#2}% - \nobreak} - -\DeclareOption{toctitles}{% - \def\ttl@addcontentsline#1#2{% - \addcontentsline{toc}{#1}{\ifttl@toclabel\ttl@a\fi\ttl@savetitle}% - \nobreak}} - -% pageatnewline - -\def\ttl@changecentercr{% - \let\ttl@centercr\@centercr - \def\@centercr{\@ifstar{\ttl@centercr*}{\ttl@centercr*}}} - -\DeclareOption{pageatnewline}{\let\ttl@changecentercr\relax} - -\def\ttl@fonts{} - -\ExecuteOptions{rubberchapters,bottomtitles,aftersep,oldparttoc,% - innermarks} - -\ProcessOptions - -% +-----------------+ -% | H Y P E R R E F | -% +-----------------+ -% -% These two commands are provided by hyperref. But if they -% are not defined at \begin{document} hyperref has not been -% loaded or it is an old version. - -\AtBeginDocument{% - \ifx\ttl@Hy@steplink\@undefined - \let\ttl@Hy@steplink\@gobble - \let\ttl@Hy@refstepcounter\refstepcounter - \fi} - -% +-----------------+ -% | PAGE STYLES | -% +-----------------+ -% -% This is generic: - -\newcommand\assignpagestyle[2]{% - \@namedef{ttl@ps@\expandafter\@gobble\string#1}{#2}} - -% Old pagestyles -% ~~~~~~~~~~~~~~ - -\providecommand\newpagestyle{% - \let\ttl@compatps\@empty % marks the ``old interface'' - \makeatletter - \edef\ttl@d{% - \noexpand\input{ttlps.def}% - \catcode`\noexpand\@=\the\catcode`\@}% - \ttl@d - \newpagestyle} - -\providecommand\renewpagestyle{% - \let\ttl@compatps\@empty % marks the ``old interface'' - \makeatletter - \edef\ttl@d{% - \noexpand\input{ttlps.def}% - \catcode`\noexpand\@=\the\catcode`\@}% - \ttl@d - \renewpagestyle} - -\providecommand\widenhead{% - \let\ttl@compatps\@empty % marks the ``old interface'' - \makeatletter - \edef\ttl@d{% - \noexpand\input{ttlps.def}% - \catcode`\noexpand\@=\the\catcode`\@}% - \ttl@d - \widenhead} - -% New pagestyles -% ~~~~~~~~~~~~~~ - -\@ifundefined{sectiontitle}{}{\input{ttlps.def}} - -% +-----------------+ -% | C O M P A T | -% +-----------------+ -% Easy setup, i.e., that of package options, is -% taken care of, if necessary. - -\renewcommand\secdef[2]{% - \@ifstar - {\ttl@labelfalse - #2} - {\ttl@labeltrue - \ifx#1\@chapter - \if@mainmatter\else\ttl@labelfalse\fi - \ifnum\ttll@chapter>\c@secnumdepth\ttl@labelfalse\fi - \else\ifx#1\@part - \ifnum\ttll@part>\c@secnumdepth\ttl@labelfalse\fi - \fi\fi - \let\ifttl@toclabel\ifttl@label - \@dblarg{#1}}} - -\@ifundefined{ttl@extract}{}{\endinput} - -\newcommand\titlelabel[1]{% - \def\@seccntformat##1{#1}} - -\expandafter\ifx\csname chapter\endcsname\relax - - \def\ttl@compatpart{\titleclass{\part}{part}\relax} - -\else - - \def\ttl@compatchapter{% - \def\@makechapterhead{% - \ttl@labeltrue - \if@mainmatter\else\ttl@labelfalse\fi - \ifnum\ttll@chapter>\c@secnumdepth\ttl@labelfalse\fi - \ttl@startargs\ttl@mkchap{chapter}}% - \def\@makeschapterhead{% - \ttl@labelfalse - \if@mainmatter\else\ttl@labelfalse\fi - \ifnum\ttll@chapter>\c@secnumdepth\ttl@labelfalse\fi - \ttl@startargs\ttl@mkchap{chapter}}} - - \def\ttl@compatpart{\titleclass{\part}{page}\relax} - -\fi - -\def\ttl@@extract#1\@startsection#2#3#4#5#6#7#8{% - \@tempskipa=#5 - \@tempskipb=#6 - \ifdim\@tempskipa<\z@ - \toks@{\titlespacing*#8{#4}}% - \@tempskipa-\@tempskipa - \else - \toks@{\titlespacing#8{#4}}% - \fi - \@ifundefined{ttl@space}{}{% - \ttl@assign\@tempskipa*\ttl@space\relax\beforetitleunit}% - \ifdim\@tempskipb<\z@ - \if@tempswa - \titleformat#8[runin]% - {\ttl@fonts\ttl@sizes{#3}}{\@seccntformat{#2}}% - {\z@}\ttl@passexplicit - \else - \titleformat#8[runin]% - {#7}{\@seccntformat{#2}}% - {\z@}\ttl@passexplicit - \fi - \@tempskipb-\@tempskipb - \else - \if@tempswa - \titleformat#8% - {\ttl@fil\ttl@fonts\ttl@sizes{#3}}{\@seccntformat{#2}}% - {\z@}\ttl@passexplicit - \else - \titleformat#8% - {#7}{\@seccntformat{#2}}% - {\z@}\ttl@passexplicit - \fi - \@ifundefined{ttl@space}{}{% - \ttl@assign\@tempskipb*\ttl@space\relax\aftertitleunit}% - \fi - \edef\ttl@a{\the\toks@{\the\@tempskipa}{\the\@tempskipb}} - \ttl@a} - -\def\ttl@extract#1{% - \expandafter\in@\expandafter\@startsection\expandafter{#1}% - \ifin@ - \expandafter\ttl@@extract#1#1% - \else - \PackageWarningNoLine{titlesec}% - {Non standard sectioning command detected\MessageBreak - Using default spacing and no format} - \titlespacing*#1{\z@}{*3}{*2}% - \fi} - -\@tempswafalse - -\ifx\ttl@fonts\@empty - \def\ttl@fonts{\bfseries} -\else - \@tempswatrue -\fi - -\expandafter\ifx\csname ttl@sizes\endcsname\relax - \gdef\ttl@sizes#1{\ifcase#1\relax\Huge\or\Large\or\large - \or\normalsize\or\or\or\huge\fi} -\else - \@tempswatrue -\fi - -\expandafter\ifx\csname ttl@fil\endcsname\relax - \let\ttl@fil\@empty -\else - \@tempswatrue -\fi - -\expandafter\ifx\csname ttl@case\endcsname\relax - \let\ttl@case\@firstofone -\else - \@tempswatrue -\fi - -\if@tempswa - - \expandafter\ifx\csname chapter\endcsname\relax\else - \titleformat\chapter[display]% - {\@ifundefined{ttl@fil}{\raggedright}{\ttl@fil}\ttl@fonts\ttl@sizes6} - {\@chapapp\space\thechapter}{.8\baselineskip}{\ttl@sizes\z@\ttl@passexplicit} - \fi - -\fi - -\ttl@extract\section -\ttl@extract\subsection -\ttl@extract\subsubsection -\ttl@extract\paragraph -\ttl@extract\subparagraph - -\let\ttl@extract\@undefined -\let\ttl@@extract\@undefined - -\def\ttl@toplevel{part} - -\expandafter\ifx\csname chapter\endcsname\relax - - \@namedef{ttll@part}{0} - \titleclass{\section}{straight}[\part] - - \titlespacing*{\part} - {\z@} - {4ex} - {3ex} - -\else - - \let\ttl@save@mkchap\@makechapterhead - \let\ttl@save@mkschap\@makeschapterhead - - \def\@makechapterhead#1{% - \gdef\ttl@savemark{\chaptermark{#1}}% - \ttl@save@mkchap{#1}% - \@ifundefined{ttl@ps@chapter}{}% - {\thispagestyle{\@nameuse{ttl@ps@chapter}}}} - - \def\@makeschapterhead#1{% - \gdef\ttl@savemark{\chaptermark{#1}}% - \ttl@save@mkschap{#1}% - \@ifundefined{ttl@ps@chapter}{}% - {\thispagestyle{\@nameuse{ttl@ps@chapter}}}} - - \@namedef{ttll@part}{-1} - \@namedef{ttlss@part}{chapter} - \@namedef{ttll@chapter}{0} - \titleclass{\section}{straight}[\chapter] - -% The following is unoperant, unless when \chapter / \part -% format is redefined - - \titlespacing*{\part} - {\z@} - {\z@\@plus1fil} - {\z@\@plus1fil} - - \titlespacing*\chapter - {\z@}% - {50\p@}% - {\ttl@chapafter}% - -\fi - -\titleclass{\subsection} {straight}[\section] -\titleclass{\subsubsection}{straight}[\subsection] -\titleclass{\paragraph} {straight}[\subsubsection] -\titleclass{\subparagraph} {straight}[\paragraph] - -\endinput diff --git a/docs/NARK/texmf-local/web2c/texmf.cnf b/docs/NARK/texmf-local/web2c/texmf.cnf deleted file mode 100644 index 8ee54e3f0..000000000 --- a/docs/NARK/texmf-local/web2c/texmf.cnf +++ /dev/null @@ -1,34 +0,0 @@ -% (Public domain.) -% This texmf.cnf file should contain only your personal changes from the -% original texmf.cnf (for example, as chosen in the installer). -% -% That is, if you need to make changes to texmf.cnf, put your custom -% settings in this file, which is .../texlive/YYYY/texmf.cnf, rather than -% the distributed file (which is .../texlive/YYYY/texmf-dist/web2c/texmf.cnf). -% And include *only* your changed values, not a copy of the whole thing! -% -openout_any = a -shell_escape = t - -% TEXMFHOME is for any user-specific customizations -% -- This is NOT the place for Methods customizations -% -- Customizations in the $TEXMFHOME directory are only for the specific user -% TEXMFHOME = ~/.texmf - -% The default is for each user to have a separate location for the junk variables that are created on-the-fly; this can result in a hard-to-find pileup of junk across multiple users, so let's have a common location for all users: -TEXMFVAR = /usr/local/texlive/texmf-var -TEXMFCONFIG = /usr/local/texlive/texmf-config -TEXMFDIST = /usr/local/texlive/texmf-dist -TEXMFSYSCONFIG=/usr/local/texlive/texmf-config -TEXMFSYSVAR=/usr/local/texlive/texmf-var - -%TEXMFMETHODS = /usr/local/texlive/texmf-local % Links should be created upon setup of TeXLive -TEXMF = {$TEXMFMETHODS,$TEXMFCONFIG,$TEXMFVAR,$TEXMFHOME,!!$TEXMFSYSCONFIG,!!$TEXMFSYSVAR,!!$TEXMFMAIN,!!$TEXMFLOCAL,!!$TEXMFDIST} -% First search default system version -% Then search local github repo because that's where experiments occur -% Finally search econark version -TEXINPUTS = /usr/local/texlive/texmf-local//:/usr/local/texlive/texmf-local-ark// -BIBINPUTS = /usr/local/texlive/texmf-local//:/usr/local/texlive/texmf-local-ark// -BSTINPUTS = /usr/local/texlive/texmf-local//:/usr/local/texlive/texmf-local-ark//:/usr/local/texlive/texmf-local-ark/tex/bibtex/bst/: - -file_line_error_style = t diff --git a/docs/texmf-local/bibtex/bib/economics-UTF8.bib b/docs/texmf-local/bibtex/bib/economics-UTF8.bib deleted file mode 100644 index ae370c8a4..000000000 --- a/docs/texmf-local/bibtex/bib/economics-UTF8.bib +++ /dev/null @@ -1,23116 +0,0 @@ -% Encoding: ISO-8859-1 - - - -,-------------------. -| PREAMBLE | -`-------------------' - -@preamble{ "\providecommand{\noopsort}[1]{} - \providecommand{\singleletter}[1]{#1} " -} - -,-------------------. -| BIBTEX ENTRIES | -`-------------------' - - -@inproceedings{approxContMrkv, - address = {Berlin, Heidelberg}, - title = {Precise approximations of the probability distribution of a markov process in time: {An} application to probabilistic invariance}, - isbn = {978-3-642-54862-8}, - abstract = {The goal of this work is to formally abstract a Markov process evolving over a general state space as a finite-state Markov chain, with the objective of precisely approximating the state probability distribution of the Markov process in time. The approach uses a partition of the state space and is based on the computation of the average transition probability between partition sets. In the case of unbounded state spaces, a procedure for precisely truncating the state space within a compact set is provided, together with an error bound that depends on the asymptotic properties of the transition kernel of the Markov process. In the case of compact state spaces, the work provides error bounds that depend on the diameters of the partitions, and as such the errors can be tuned. The method is applied to the problem of computing probabilistic invariance of the model under study, and the result is compared to an alternative approach in the literature.}, - booktitle = {Tools and algorithms for the construction and analysis of systems}, - publisher = {Springer Berlin Heidelberg}, - author = {Esmaeil Zadeh Soudjani, Sadegh and Abate, Alessandro}, - editor = {Ábrahám, Erika and Havelund, Klaus}, - year = {2014}, - pages = {547--561}, - doi = {10.1007/978-3-642-54862-8_45} -} - -@article{denmark_pandemics, - author = {Asger Lau Andersen and Emil Toft Hansen and Niels Johannesen and Adam Sheridan}, - journal = {Covid Economics}, - volume = {7}, - pages = {88--111}, - title = {Consumer Responses to the COVID-19 Crisis: Evidence from Bank Account Transaction Data}, - year = {2020}, -} - -@techreport{hkpMemory, - title = "On the Welfare Cost of Consumption Fluctuations in the Presence of Memorable Goods", - author = "Hai, Rong and Krueger, Dirk and Postlewaite, Andrew", - type = "Working Paper", - institution = "SSRN", - year = {2018}, - URL = "https://ssrn.com/abstract=3263498", - abstract = {We propose a new classification of consumption goods into nondurable goods, durable goods and a new class which we call "memorable" goods. A good is memorable if a consumer can draw current utility from its past consumption experience through memory. We propose a novel consumption-savings model in which a consumer has a well-defined preference ordering over both nondurable goods and memorable goods. Memorable goods consumption differs from nondurable goods consumption in that current memorable goods consumption may also impact future utility through the accumulation process of the stock of memory. In our model, households optimally choose a lumpy profile of memorable goods consumption even in a frictionless world. Using Consumer Expenditure Survey data, we then document levels and volatilities of different groups of consumption goods expenditures, as well as their expenditure patterns, and show that the expenditure patterns on memorable goods indeed differ significantly from those on nondurable and durable goods. Finally, we empirically evaluate our model's predictions with respect to the welfare cost of consumption fluctuations and conduct an excess-sensitivity test of the consumption response to predictable income changes. We find that (i) the welfare cost of household-level consumption fluctuations may be overstated by 1.7 percentage points (11.9\% points as opposed to 13.6\% points of permanent consumption) if memorable goods are not appropriately accounted for; (ii) the finding of excess sensitivity of consumption documented in important papers of the literature might be entirely due to the presence of memorable goods.}, -} - -@article{healthWealth, - author = {Andrew Glover and Jonathan Heathcote and Dirk Krueger and - Jos{\'e}-V{\'\i}ctor R{\'\i}os-Rull}, - journal = {Covid Economics}, - volume = {6}, - pages = {22--64}, - title = {Health versus Wealth: On the Distributional Effects - of Controlling a Pandemic}, - year = {2020}, -} -@article{faria_FPpandemic, - author = {Miguel {Faria-e-Castro}}, - journal = {Covid Economics}, - volume = {2}, - pages = {67--101}, - title = {Fiscal Policy during a Pandemic}, - year = {2020}, -} - -@article{jorda_pandemics, - author = {Jorda, Oscar and Singh, Sanjay R. and Taylor, Alan M.}, - journal = {Covid Economics}, - volume = {1}, - pages = {1--15}, - title = {Longer-run Economic Consequences of Pandemics}, - year = {2020}, -} - - -@techreport{bblmMultiplier, -author={Christian Bayer and Benjamin Born and Ralph Luetticke and Gernot Muller}, -title ={The Coronavirus Stimulus Package: How Large is the Transfer Multiplier?}, -institution={Centre for Economic Policy Research}, -year={2020}, -month={April}, -type={Working Paper}, -journal={CEPR Working Paper DP14600}, -url={https://portal.cepr.org/discussion-paper/16193} -} - -@techreport{BickBlandin2020, - author = {Alexander Bick and Adam Blandin}, - month = {April}, - type = {Working paper}, - institution = {Arizona State University}, - title = {Real Time Labor Market Estimates During the 2020 Coronavirus Outbreak}, - year = {2020}, - url = {https://alexbick.weebly.com/uploads/1/0/1/3/101306056/bb_covid.pdf}, -} - -@TechReport{bayer_corona, - author = {Christian Bayer and Benjamin Born and Ralph Luetticke and Gernot J. M\"{u}ller}, - title = {The Coronavirus Stimulus Package: How Large Is the Transfer Multiplier?}, - year = {2020}, - type = {discussion paper}, - institution = {CEPR}, - number = {14600}, -} - -@techreport{ConsumptionResponse, - author = {Carroll, Christopher D. and Edmund Crawley and Jiri Slacalek and Matthew White}, - title = {Modeling the Consumption Response to the CARES Act}, - journal= {\href{https://github.com/econ-ark.org}{Econ-ARK Project}}, - year = {2020}, -} - -@techreport{SpanishSpending, - author={Carvalho, V.M and J.R. Garcia and S. Hansen and A. Ortiz and T. Rodrigo and J.V. Mora Rodriguez and J. Ruiz}, - year={2020}, - title={Tracking the COVID-19 Crisis with High-Resolution Transaction Data}, - journal={Cambridge Working Papers in Economics CWPE2030)}, - institution={Cambridge University} -} - - -@techreport{krugman_corona, - title = {Notes on Coronacoma Economics}, - author = {Paul Krugman}, - institution = {City University of New York}, - type = {mimeo}, - year = {2020}, -} - -@techreport{covid_USsurvey, - title = {Inequality in the Impact of the Coronavirus Shock: New Survey Evidence for the US}, - author = {Abi {Adams-Prassl} and Teodora Boneva and Marta Golin and Christopher Rauh}, - institution = {Oxford University}, - type = {mimeo}, - year = {2020}, -} - - - -@techreport{SwagelCBO2020, - author = {Swagel, Phill}, - institution = {Congressional Budget Office}, - month = {April}, - type = {Blog post}, - title = {Updating CBO's Economic Forecast to Account for the Pandemic}, - year = {2020}, - url = {https://www.cbo.gov/publication/56314} -} - - -@article{cyranoski_we_2020, - title = {`{We} need to be alert': {Scientists} fear second coronavirus wave as {China}'s lockdowns ease}, - copyright = {2020 Nature}, - shorttitle = {`{We} need to be alert'}, - url = {https://www.nature.com/articles/d41586-020-00938-0}, - doi = {10.1038/d41586-020-00938-0}, - abstract = {Other countries on lockdown will be watching for a resurgence of infections in Hubei province now that travel restrictions are lifting.}, - language = {en}, - urldate = {2020-04-10}, - journal = {Nature}, - author = {Cyranoski, David}, - month = mar, - year = {2020}, - file = {Snapshot:C\:\\Users\\edmun\\Zotero\\storage\\VZAC6KGJ\\d41586-020-00938-0.html:text/html} -} - -@techreport{verner_pandemics, - title = {Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu}, - author = {Sergio Correia and Stephan Luck and Emil Verner}, - institution = {MIT Sloan}, - type = {mimeo}, - year = {2020}, -} - - -@TechReport{ert_covid, - author={Eichenbaum, Martin S. and Rebelo, Sergio and Trabandt, Mathias}, - title={The Macroeconomics of Epidemics}, - year=2020, - type={working paper}, - institution={National Bureau of Economic Research}, - number = {26882}, -} - -@TechReport{aal_covid, - author={Fernando Alvarez and David Argente and Francesco Lippi}, - title={A Simple Planning Problem for {COVID}-19 Lockdown}, - year=2020, - type={ BFI working paper}, - institution={University of Chicago}, - number = {34}, -} - - -@TechReport{covidMacroImpl, - author={Guerrieri, Veronica and Lorenzoni, Guido and Straub, Ludwig and Werning, Ivan}, - title={Macroeconomic Implications of {COVID}-19: Can Negative Supply Shocks Cause Demand Shortages?}, - year=2020, - type={working paper}, - institution={National Bureau of Economic Research}, - number = {26918}, -} - - -@TechReport{kmv_pandemics, - author={Greg Kaplan and Benjamin Moll and Giovanni L. Violante}, - title={Pandemics According to HANK}, - year=2020, - institution={Princeton University}, - type={mimeo}, -} - -@InCollection{akmwwInequality-Discuss, - author={Christopher D. Carroll and Edmund Crawley}, - title={Comment on `When Inequality Matters for Macro and Macro Matters for Inequality'}, - booktitle={{NBER Macroeconomics Annual}}, - publisher={National Bureau of Economic Research}, - year=2017, - month={April}, - volume={32}, - pages={76--92}, -} - -@ARTICLE{carroll_EGM, - author = {Christopher D. Carroll}, - title = {The Method of Endogenous Gridpoints for Solving Dynamic Stochastic - Optimization Problems}, - journal = {Economics Letters}, - year = {2006}, - volume = {91}, - pages = {312--320}, - number = {3} -} - -@misc{nyFedCoronaBlog, - author = {Olivier Armantier and Gizem Kosar and Rachel Pomerantz and Daphne Skandalis and Kyle Smith and Giorgio Topa and Wilbert {van der Klaauw}}, - howpublished = - {\href{https://libertystreeteconomics.newyorkfed.org/2020/04/coronavirus-outbreak-sends-consumer-expectations-plummeting.html}{URL - link retrieved on 04/07/2020 \texttt{here}.}}, - journal = {Liberty Street Economics}, - number = {April 6}, - type = {Blog}, - title = {Coronavirus Outbreak Sends Consumer Expectations Plummeting}, - year = {2020}, -} - - - -@techreport{baker_Cpandemic, - title = {How Does Household Spending Respond to an Epidemic? Consumption During the 2020 COVID-19 Pandemic}, - author = {Baker, Scott R. and Farrokhnia, R. A. and Meyer, Steffen and Pagel, Michaela and Yannelis, Constantine}, - institution = {National Bureau of Economic Research}, - type = {working paper}, - number = {26949}, - year = {2020}, -} - -@InProceedings{carroll_et_al-proc-scipy-2018, - author = { {C}hristopher {D}. {C}arroll and {A}lexander {M}. {K}aufman and {J}acqueline {L}. {K}azil and {N}athan {M}. {P}almer and {M}atthew {N}. {W}hite }, - title = { {T}he {E}con-{A}{R}{K} and {H}{A}{R}{K}: {O}pen {S}ource {T}ools for {C}omputational {E}conomics }, - booktitle = { {P}roceedings of the 17th {P}ython in {S}cience {C}onference }, - pages = { 25 - 30 }, - year = { 2018 }, - editor = { {F}atih {A}kici and {D}avid {L}ippa and {D}illon {N}iederhut and {M} {P}acer }, - doi = { 10.25080/Majora-4af1f417-004 } -} - -@misc{matthew_n_white_2017_1001068, - author = {Christopher D Carroll and Matthew N White and - Team Econ-ARK}, - month = Oct, - note = {Available at via doi:10.5281/zenodo.1001068 or at - \url{https://doi.org/10.5281/zenodo.1001068}}, - title = {econ-ark/HARK: 0.8.0}, - year = {2017}, - doi = {10.5281/zenodo.1001068}, - url = {https://doi.org/10.5281/zenodo.1001068}, -} - -@article{hrsHabit, - author = {Havranek, Tomas and Rusnak, Marek and Sokolova, Anna}, - journal = {European Economic Review}, - pages = {142--167}, - publisher = {Elsevier}, - title = {Habit formation in consumption: A meta-analysis}, - volume = {95}, - year = {2017}, - doi = {10.1016/j.euroecorev.2017.03.009}, - url = {https://doi.org/10.1016/j.euroecorev.2017.03.009}, -} - -@article{cdSmooth, - author = {Campbell, John and Deaton, Angus}, - journal = {The Review of Economic Studies}, - month = {jul}, - note = {\url{http://www.jstor.org/stable/2297552}}, - number = {3}, - pages = {357--373}, - publisher = {The Review of Economic Studies Ltd.}, - title = {{W}hy is {C}onsumption {S}o {S}mooth?}, - volume = {56}, - year = {1989}, - abstract = {For thirty years it has been accepted that - consumption is smooth because permanent income is - smoother than measured income. This paper considers - the evidence for the contrary position, that - permanent income is in fact less smooth than measured - income, so that the smoothness of consumption cannot - be straightforwardly explained by permanent income - theory. The paper argues that in postwar U.S. - quarterly data, consumption is smooth because it - responds with a lag to changes in income.}, - issn = {0034-6527}, - url = {http://www.jstor.org/stable/2297552}, -} - -@article{hallRandomWalk, - author = {Hall, Robert E.}, - journal = {Journal of Political Economy}, - note = {Available at - {\url{http://www.stanford.edu/~rehall/Stochastic-JPE-Dec-1978.pdf}}}, - pages = {971--87}, - title = {Stochastic Implications of the Life-Cycle/Permanent - Income Hypothesis: Theory and Evidence}, - volume = {96}, - year = {1978}, - url = {http://www.stanford.edu/~rehall/Stochastic-JPE-Dec- - 1978.pdf}, -} - -@article{mrSlumps, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - journal = {Quarterly Journal of Economics}, - month = {November}, - number = {4}, - pages = {1295--1328}, - title = {Sticky Information Versus Sticky Prices: A Proposal - to Replace the New Keynesian Phillips Curve}, - volume = {117}, - year = {2002}, -} - -@article{carroll:epidemicinflQJE, - author = {Carroll, Christopher D.}, - journal = {Quarterly Journal of Economics}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/epidemiologyQJE.pdf}}, - number = {1}, - pages = {269--298}, - title = {{M}acroeconomic {E}xpectations of {H}ouseholds and - {P}rofessional {F}orecasters}, - volume = {118}, - year = {2003}, - url = {https://www.econ2.jhu.edu/people/ccarroll/epidemiologyQJE.pdf}, -} - -@article{dynanHabits, - author = {Dynan, Karen E.}, - journal = {American Economic Review}, - note = {\url{http://www.jstor.org/stable/117335}}, - number = {3}, - title = {Habit Formation in Consumer Preferences: Evidence - from Panel Data}, - volume = {90}, - year = {2000}, - url = {http://www.jstor.org/stable/117335}, -} - -@article{ayNearRational, - author = {Akerlof, George A. and Janet L. Yellen}, - journal = {The Quarterly Journal of Economics}, - number = {5}, - pages = {823--38}, - title = {A Near-rational Model of the Business Cycle, with - Wage and Price Intertia}, - volume = {100}, - year = {1985}, -} - -@techreport{arsInvestmentInattention, - author = {Adrien Auclert and Matthew Rognlie and Ludwig Straub}, - institution = {Stanford University}, - type = {mimeo}, - title = {Investment, Heterogeneity, and Inattention}, - year = {2019}, -} - -@article{pischkeMicroMacro, - author = {Pischke, J{\"o}rn-Steffen}, - journal = {Econometrica}, - number = {4}, - pages = {805--40}, - title = {Individual Income, Incomplete Information, and - Aggregate Consumption}, - volume = {63}, - year = {1995}, -} - -@article{simsInattention, - author = {Sims, Christopher}, - journal = {Journal of Monetary Economics}, - note = {available at - \url{http://ideas.repec.org/a/eee/moneco/v50y2003i3p665-690.html}}, - number = {3}, - pages = {665--690}, - title = {Implications of Rational Inattention}, - volume = {50}, - year = {2003}, -} - -@article{gabaixSparsityQJE, - author = {Xavier Gabaix}, - journal = {The Quarterly Journal of Economics}, - number = {4}, - pages = {1661--1710}, - title = {A Sparsity-Based Model of Bounded Rationality}, - volume = {129}, - year = {2014}, - url = {https://ideas.repec.org/a/oup/qjecon/v129y2014i4p1661- - 1710.html}, -} - -@article{reis:inattentive, - author = {Reis, Ricardo}, - journal = {Journal of Monetary Economics}, - number = {8}, - pages = {1761--1800}, - publisher = {Elsevier}, - title = {Inattentive Consumers}, - volume = {53}, - year = {2006}, -} - -@article{mw09:RI, - author = {Ma\'{c}kowiak, Bartosz and Mirko Wiederholt}, - journal = {American Economic Review}, - month = {June}, - number = {3}, - pages = {769-803}, - title = {{Optimal Sticky Prices under Rational Inattention}}, - volume = {99}, - year = {2009}, - abstract = {This paper presents a model in which price setting - firms decide what to pay attention to, subject to a - constraint on information flow. When idiosyncratic - conditions are more variable or more important than - aggregate conditions, firms pay more attention to - idiosyncratic conditions than to aggregate - conditions. When we calibrate the model to match the - large average absolute size of price changes observed - in micro data, prices react fast and by large amounts - to idiosyncratic shocks, but only slowly and by small - amounts to nominal shocks. Nominal shocks have strong - and persistent real effects. (JEL D21, D83, E31, - E52)}, - doi = {}, - url = {https://ideas.repec.org/a/aea/aecrev/v99y2009i3p769- - 803.html}, -} - -@article{mackWiedREStud15, - author = {Ma\'{c}kowiak, Bartosz and Wiederholt, Mirko}, - journal = {The Review of Economic Studies}, - number = {4}, - pages = {1502--1532}, - title = {Business Cycle Dynamics under Rational Inattention}, - volume = {82}, - year = {2015}, - doi = {10.1093/restud/rdv027}, - url = {+ http://dx.doi.org/10.1093/restud/rdv027}, -} - -@article{LuoRinGE, - author = {Yulei Luo and Jun Nie and Gaowang Wang and - Eric R. Young}, - journal = {Journal of Economic Theory}, - pages = {55--87}, - title = {Rational Inattention and the Dynamics of Consumption - and Wealth in General Equilibrium}, - volume = {172}, - year = {2017}, -} - -@article{luo:inatC, - author = {Yulei Luo}, - journal = {Review of Economic Dynamics}, - number = {2}, - pages = {366--385}, - title = {Consumption Dynamics under Information Processing - Constraints}, - volume = {11}, - year = {2008}, -} - -@article{sims_beyondLQ, - author = {Christopher A. Sims}, - journal = {American Economic Review}, - month = {May}, - number = {2}, - pages = {158--163}, - title = {Rational Inattention: Beyond the Linear--Quadratic - Case}, - volume = {96}, - year = {2006}, -} - -@article{tutino_RIconsumption, - author = {Antonella Tutino}, - journal = {Review of Economic Dynamics}, - month = {July}, - number = {3}, - pages = {421--439}, - title = {Rationally Inattentive Consumption Choices}, - volume = {16}, - year = {2013}, -} - -@incollection{woodfordImperfect, - address = {Princeton}, - author = {Woodford, Michael}, - booktitle = {Knowledge, Information and Expectations in Modern - Macroeconomics}, - editor = {Aghion, P. and R. Frydman and J. Stiglitz and - M. Woodford}, - publisher = {Princeton University Press}, - title = {Imperfect Common Knowledge and the Effects of - Monetary Policy}, - year = {2002}, - abstract = {This paper reconsiders the Phelps-Lucas hypothesis, - according to which temporary real effects of purely - nominal disturbances result from imperfect - information, but departs from the assumptions of - Lucas (1973) in two crucial respects. Due to - monopolistically competitive pricing, higher-order - expectations are crucial for aggregate inflation - dynamics, as argued by Phelps (1983). And - decisionmakers' subjective perceptions of current - conditions are assumed to be of imperfect precision, - owing to finite information processing capacity, as - argued by Sims (2001). The model can explain highly - persistent real effects of a monetary disturbance, - and a delayed effect on inflation, as found in VAR - studies.}, - url = {http://EconPapers.repec.org/RePEc:nbr:nberwo:8673}, -} - -@article{msInertiaAER, - author = {Stephen Morris and Hyun Song Shin}, - journal = {The American Economic Review}, - number = {2}, - pages = {152--157}, - publisher = {American Economic Association}, - title = {Inertia of Forward-Looking Expectations}, - volume = {96}, - year = {2006}, - issn = {00028282}, - url = {http://www.jstor.org/stable/30034632}, -} - -@article{muthOptimal, - author = {Muth, John F.}, - journal = {Journal of the American Statistical Association}, - number = {290}, - pages = {299--306}, - title = {Optimal Properties of Exponentially Weighted - Forecasts}, - volume = {55}, - year = {1960}, -} - -@article{lucas:imperfectInfo, - author = {Lucas, Robert E.}, - journal = {American Economic Review}, - month = {June}, - number = {3}, - pages = {326--334}, - title = {Some International Evidence on Output-Inflation - Tradeoffs}, - volume = {63}, - year = {1973}, -} - -@article{ludvigson&michaelides:excesses, - author = {Ludvigson, Sydney and Alexander Michaelides}, - journal = {American Economic Review}, - month = {June}, - number = {3}, - pages = {631--647}, - title = {Does Buffer Stock Saving Explain the Smoothness and - Excess Sensitivity of Consumption?}, - volume = {91}, - year = {2001}, -} - -@techreport{fhnMPC, - author = {Andreas Fagereng and Martin B. Holm and - Gisle J. Natvik}, - institution = {Statistics Norway}, - type = {discussion paper}, - title = {MPC Heterogeneity and Household Balance Sheets}, - volume = {852}, - year = {2017}, -} - -@article{jpsTax, - author = {Johnson, David S. and Parker, Jonathan A. and - Souleles, Nicholas S.}, - journal = {American Economic Review}, - month = {December}, - number = {5}, - pages = {1589--1610}, - title = {Household Expenditure and the Income Tax Rebates of - 2001}, - volume = {96}, - year = {2006}, - url = {http://ideas.repec.org/a/aea/aecrev/v96y2006i5p1589- - 1610.html}, -} - -@article{aslCredit, - author = {Sumit Agarwal and Chunlin Liu and - Nicholas S. Souleles}, - journal = {Journal of Political Economy}, - month = {December}, - number = {6}, - pages = {986--1019}, - title = {The Reaction of Consumer Spending and Debt to Tax - Rebates--Evidence from Consumer Credit Data}, - volume = {115}, - year = {2007}, - url = {http://www.nber.org/papers/w13694}, -} - -@article{bppInequality, - author = {Blundell, Richard and Pistaferri, Luigi and - Preston, Ian}, - journal = {American Economic Review}, - month = {December}, - number = {5}, - pages = {1887--1921}, - title = {Consumption Inequality and Partial Insurance}, - volume = {98}, - year = {2008}, -} - -@article{kvwWealthyH2m, - author = {Kaplan, Greg and Violante, Gianluca and - Weidner, Justin}, - journal = {Brookings Papers on Economic Activity}, - pages = {77--138}, - title = {The Wealthy Hand-to-Mouth}, - volume = {Spring}, - year = {2014}, - abstract = {The wealthy hand-to-mouth are households who hold - little or no liquid wealth (e.g. cash, checking, and - saving accounts), despite owning sizable amounts of - illiquid assets (i.e., assets that carry a - transaction cost, such as housing, large durables, or - retirement accounts). This portfolio configuration - implies that these households have large marginal - propensities to consume out of small income changes - –a key determinant of the macroeconomic - effects of fiscal policy. The wealthy hand-to-mouth, - therefore, behave in many respects like households - with little or no net worth, yet they escape standard - definitions (and empirical measurements) of - hand-to-mouth agents based on net worth. We use - survey data on household portfolios for the U.S., - Canada, Australia, the U.K., Germany, France, Italy, - and Spain to document the share of such households - across countries, their demographic characteristics, - the composition of their balance sheet, and the - persistence of hand-to-mouth status over the life - cycle. Finally, we discuss the implications of this - group of consumers for macroeconomic modelling and - policy analysis.}, -} - -@article{jappelliPistaferri_FPMPC, - author = {Jappelli, Tullio and Pistaferri, Luigi}, - journal = {AEJ: Marcoeconomics}, - number = {4}, - pages = {107--36}, - title = {Fiscal Policy and MPC Heterogeneity}, - volume = {6}, - year = {2014}, -} - -@article{parker25million, - author = {Jonathan A. Parker}, - journal = {American Economic Journal: Macroeconomics}, - month = {October}, - number = {9}, - pages = {153--183}, - title = {Why Don't Households Smooth Consumption? Evidence - from a \$25 Million Experiment}, - volume = {4}, - year = {2017}, -} - -@techreport{aydinCresponse, - author = {Deniz Ayd{\i}n}, - institution = {Washington University, St.\ Louis}, - type = {mimeo}, - title = {Consumption Response to Credit Expansions: Evidence - from Experimental Assignment of 45,307 Credit Lines}, - year = {2018}, -} - -@article{carroll&kimball:concavity, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - journal = {Econometrica}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}}, - number = {4}, - pages = {981--992}, - title = {On the {C}oncavity of the {C}onsumption {F}unction}, - volume = {64}, - year = {1996}, - url = {https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}, -} - -@article{chettySzeidl:cCommitmentsEcta, - author = {Raj Chetty and Adam Szeidl}, - journal = {Econometrica}, - month = {03}, - number = {}, - pages = {855--890}, - title = {Consumption Commitments and Habit Formation}, - volume = {84}, - year = {2016}, - url = {https://ideas.repec.org/a/wly/emetrp/v84y2016ip855- - 890.html}, -} - -@article{alvarezGuisoLippi:DurCons, - author = {Fernando Alvarez and Luigi Guiso and Francesco Lippi}, - journal = {American Economic Review}, - month = {August}, - number = {5}, - pages = {2272--2300}, - title = {Durable Consumption and Asset Management with - Transaction and Observation Costs}, - volume = {102}, - year = {2012}, - doi = {}, - url = {https://ideas.repec.org/a/aea/aecrev/v102y2012i5p2272- - 2300.html}, -} - -@article{coibGor:AER15, - author = {Olivier Coibion and Yuriy Gorodnichenko}, - journal = {American Economic Review}, - month = {August}, - number = {8}, - pages = {2644--2678}, - title = {{Information Rigidity and the Expectations Formation - Process: A Simple Framework and New Facts}}, - volume = {105}, - year = {2015}, - doi = {}, -} - -@article{fuhrer:JME17, - author = {Jeffrey C. Fuhrer}, - journal = {Journal of Monetary Economics}, - month = {April}, - pages = {22--55}, - title = {Expectations as a Source of Macroeconomic - Persistence: Evidence from Survey Expectations in a - Dynamic Macro Model}, - volume = {86}, - year = {2017}, - doi = {}, -} - -@techreport{fuhrerIntrinsicPersistence, - author = {Fuhrer, Jeffrey C.}, - institution = {Federal Reserve Bank of Boston}, - month = may, - number = {18-9}, - type = {working paper}, - title = {Intrinsic Expectations Persistence: Evidence from - Professional and Household Survey Expectations}, - year = {2018}, -} - -@incollection{cmModel, - address = {Cambridge, MA}, - author = {Campbell, John Y. and Mankiw, N. Gregory}, - booktitle = {NBER Macroeconomics Annual, 1989}, - editor = {Blanchard, Olivier J. and Fischer, Stanley}, - note = {\url{http://www.nber.org/papers/w2924.pdf}}, - pages = {185--216}, - publisher = {MIT Press}, - title = {Consumption, Income, and Interest Rates: - Reinterpreting the Time-Series Evidence}, - year = {1989}, - url = {http://www.nber.org/papers/w2924.pdf}, -} - -@article{blanchardFinite, - author = {Blanchard, Olivier J.}, - journal = {Journal of Political Economy}, - month = {April}, - number = {2}, - pages = {223--247}, - title = {Debt, Deficits, and Finite Horizons}, - volume = {93}, - year = {1985}, -} - -@article{edge2007Learning, - author = {Edge, Rochelle M and Laubach, Thomas and - Williams, John C}, - journal = {Journal of Monetary Economics}, - number = {8}, - pages = {2421--2438}, - publisher = {Elsevier}, - title = {Learning and shifts in long-run productivity growth}, - volume = {54}, - year = {2007}, -} - -@article{jorgenson:ProductivityGrowthResurgence, - author = {Dale W. Jorgenson and Mun S. Ho and Kevin J. Stiroh}, - journal = {Journal of Economic Perspectives}, - month = {Winter}, - number = {1}, - pages = {3--24}, - title = {A Retrospective Look at the U.S. Productivity Growth - Resurgence}, - volume = {22}, - year = {2008}, - doi = {}, -} - -@article{zeldesStochastic, - author = {Zeldes, Stephen P.}, - journal = {Quarterly Journal of Economics}, - month = {May}, - number = {2}, - pages = {275--298}, - title = {Optimal Consumption with Stochastic Income: - {D}eviations from Certainty Equivalence}, - volume = {104}, - year = {1989}, -} - -@article{lmpPermShocks, - author = {Low, Hamish and Meghir, Costas and Pistaferri, Luigi}, - journal = {The American economic review}, - number = {4}, - pages = {1432--1467}, - publisher = {American Economic Association}, - title = {Wage risk and employment risk over the life cycle}, - volume = {100}, - year = {2010}, -} - -@article{pistaferriSuperior, - author = {Luigi Pistaferri}, - journal = {The Review of Economics and Statistics}, - month = {August}, - number = {3}, - pages = {465-476}, - title = {Superior Information, Income Shocks, And The - Permanent Income Hypothesis}, - volume = {83}, - year = {2001}, -} - -@article{gsInferring, - author = {Guvenen, Fatih and Smith, Anthony A.}, - journal = {Econometrica}, - number = {6}, - pages = {2085-2129}, - title = {Inferring Labor Income Risk and Partial Insurance - From Economic Choices}, - volume = {82}, - year = {2014}, - abstract = {This paper uses the information contained in the - joint dynamics of individuals' labor earnings and - consumption-choice decisions to quantify both the - amount of income risk that individuals face and the - extent to which they have access to informal - insurance against this risk. We accomplish this task - by using indirect inference to estimate a structural - consumption–savings model, in which individuals - both learn about the nature of their income process - and partly insure shocks via informal mechanisms. In - this framework, we estimate (i) the degree of partial - insurance, (ii) the extent of systematic differences - in income growth rates, (iii) the precision with - which individuals know their own income growth rates - when they begin their working lives, (iv) the - persistence of typical labor income shocks, (v) the - tightness of borrowing constraints, and (vi) the - amount of measurement error in the data. In - implementing indirect inference, we find that an - auxiliary model that approximates the true structural - equations of the model (which are not estimable) - works very well, with negligible small sample bias. - The main substantive findings are that income shocks - are moderately persistent, systematic differences in - income growth rates are large, individuals have - substantial amounts of information about their income - growth rates, and about one-half of income shocks are - smoothed via partial insurance. Putting these - findings together, the amount of uninsurable lifetime - income risk that individuals perceive is - substantially smaller than what is typically assumed - in calibrated macroeconomic models with incomplete - markets.}, - doi = {10.3982/ECTA9446}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.3982/ECTA9446}, -} - -@misc{kmpIncomeExpectations, - author = {Karahan, Fatih and Sean Mihaljevich and - Laura Pilossoph}, - howpublished = - {\href{http://libertystreeteconomics.newyorkfed.org/2017/11/understanding-permanent-and-temporary-income-shocks.html}{URL - link retrieved on 03/02/2018 \texttt{here}.}}, - journal = {Liberty Street Economics}, - number = {November 08}, - type = {Blog}, - title = {Understanding Permanent and Temporary Income Shocks}, - year = {2017}, -} - -@article{kennickellPermanent, - author = {Kennickell, Arthur}, - journal = {mimeo, Board of Governors of the Federal Reserve - System}, - title = {Saving and Permanent Income: Evidence from the 1992 - SCF}, - year = {1995}, -} - -@article{opLiquidH2M, - author = {Olafsson, Arna and Pagel, Michaela}, - journal = {The Review of Financial Studies}, - number = {11}, - pages = {4398--4446}, - title = {The Liquid Hand-to-Mouth: Evidence from Personal - Finance Management Software}, - volume = {31}, - year = {2018}, -} - -@incollection{sswNAIRU, - address = {New York}, - author = {Staiger, Douglas and James H. Stock and - Mark W. Watson}, - booktitle = {The Roaring Nineties: Can Full Employment Be - Sustained?}, - editor = {Alan B. Krueger and Robert Solow}, - publisher = {The Russell Sage Foundation and Century Press}, - title = {Prices Wages and the US NAIRU in the 1990s}, - year = {2001}, -} - -@article{fernald:disappointingRecovery, - author = {John G. Fernald and Robert Hall and James Stock and - Mark Watson}, - journal = {Brookings Papers on Economic Activity}, - title = {The Disappointing Recovery of Output after 2009}, - volume = {Spring}, - year = {2017}, - doi = {}, -} - -@article{bmpMITshocks, - author = {Boppart, Timo and Krusell, Per and Mitman, Kurt}, - journal = {Journal of Economic Dynamics and Control}, - number = {C}, - pages = {68--92}, - title = {Exploiting MIT Shocks in Heterogeneous-Agent - Economies: The Impulse Response as a Numerical - Derivative}, - volume = {89}, - year = {2018}, -} - -@article{zeldes:jpe, - author = {Zeldes, Stephen P.}, - journal = {Journal of Political Economy}, - note = {Available at - {\url{http://www.jstor.org/stable/1831315}}}, - pages = {305--46}, - title = {Consumption and Liquidity Constraints: An Empirical - Investigation}, - volume = {97}, - year = {1989}, - url = {http://www.jstor.org/stable/1831315}, -} - -@article{som07, - author = {Martin Sommer}, - journal = {Advances in Macroeconomics}, - number = {1}, - pages = {Article 21}, - title = {Habit Formation and Aggregate Consumption Dynamics}, - volume = {7}, - year = {2007}, -} - -@article{workingTimeAgg, - author = {Holbrook Working}, - journal = {Econometrica}, - number = {4}, - pages = {916--918}, - title = {Note on the Correlation of First Differences of - Averages in a Random Chain}, - volume = {28}, - year = {1960}, -} - -@article{cfwSentiment, - author = {Carroll, Christopher D. and Fuhrer, Jeffrey C. and - Wilcox, David W.}, - journal = {American Economic Review}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/SentAERCarrollFuhrerWilcox.pdf}}, - number = {5}, - pages = {1397-1408}, - title = {Does Consumer Sentiment Forecast Household Spending? - {I}f So, Why?}, - volume = {84}, - year = {1994}, - url = {https://www.econ2.jhu.edu/people/ccarroll/ - SentAERCarrollFuhrerWilcox.pdf}, -} - -@article{cssIntlStickyC, - author = {Carroll, Christopher D. and Sommer, Martin and - Slacalek, Jiri}, - journal = {Review of Economics and Statistics}, - month = {October}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cssIntlStickyC/}}, - number = {4}, - pages = {1135--1145}, - title = {International Evidence on Sticky Consumption Growth}, - volume = {93}, - year = {2011}, - abstract = {This paper estimates the degree of stickiness in - aggregate consumption growth (sometimes interpreted - as reflecting consumption habits) for thirteen - advanced economies. We find that after controlling - for measurement error, consumption growth has a high - degree of autocorrelation, with a stickiness - parameter of about 0.7 on average across countries. - The sticky consumption growth model outperforms the - random walk model of Hall (1978) and typically fits - the data better than the popular Mankiw (1989) model, - though in a few countries, the sticky consumption - growth and Campbell-Mankiw models work about equally - well.}, - doi = {10.1162/REST\_a\_00122}, - url = {https://doi.org/10.1162/REST_a_00122}, -} - -@article{wilcox:aer, - author = {Wilcox, David W.}, - journal = {American Economic Review}, - number = {4}, - pages = {922--941}, - title = {The Construction of U.S. Consumption Data: Some Facts - and Their Implications for Empirical Work}, - volume = {82}, - year = {1992}, -} - -@article{soulelesTaxRefunds, - author = {Souleles, Nicholas S.}, - journal = {American Economic Review}, - month = {September}, - number = {4}, - pages = {947--958}, - title = {The Response of Household Consumption to Income Tax - Refunds}, - volume = {89}, - year = {1999}, -} - -@techreport{kuengTaxnews, - author = {Lorenz Kueng}, - institution = {Northwestern University}, - type = {working paper}, - title = {Tax News: Identifying the Household Consumption - Response to Tax Expectations Using Municipal Bond - Prices}, - year = {2012}, - url = {http://citeseerx.ist.psu.edu/viewdoc/summary? - doi=10.1.1.646.4710}, -} - -@article{BrowningColladoAER, - author = {Browning, Martin and Collado, M. Dolores}, - journal = {American Economic Review}, - number = {3}, - pages = {681--692}, - title = {The Response of Expenditures to Anticipated Income - Changes: Panel Data Estimates}, - volume = {91}, - year = {2001}, -} - -@article{hsiehAlaska, - author = {Hsieh, Chang-Tai}, - journal = {American Economic Review}, - number = {1}, - pages = {397--405}, - title = {Do consumers react to anticipated income changes? - Evidence from the Alaska permanent fund}, - volume = {93}, - year = {2003}, -} - -@article{CoulibalyLiMortgage, - author = {Coulibaly, Brahima and Li, Geng}, - journal = {The Review of Economics and Statistics}, - month = {February}, - number = {1}, - pages = {10--19}, - publisher = {MIT Press}, - title = {Do Homeowners Increase Consumption after the Last - Mortgage Payment? An Alternative Test of the - Permanent Income Hypothesis}, - volume = {88}, - year = {2006}, - doi = {doi: 10.1162/003465306775565693}, - issn = {0034-6535}, - url = {http://www.ingentaconnect.com/content/mitpress/restat/2006/ - 00000088/00000001/art00002}, -} - -@article{kuengAlaska, - author = {Kueng, Lorenz}, - journal = {The Quarterly Journal of Economics}, - number = {4}, - pages = {1693--1751}, - publisher = {Oxford University Press}, - title = {Excess sensitivity of high-income consumers}, - volume = {133}, - year = {2018}, -} - -@article{brodaParker, - author = {Broda, Christian and Parker, Jonathan A.}, - journal = {Journal of Monetary Economics}, - number = {S}, - pages = {20--36}, - title = {The Economic Stimulus Payments of 2008 and the - Aggregate Demand for Consumption}, - volume = {68}, - year = {2014}, -} - -@article{cstwMPC, - author = {Christopher D. Carroll and Jiri Slacalek and - Kiichi Tokuoka and Matthew N. White}, - journal = {Quantitative Economics}, - month = {November}, - note = {At - \url{https://www.econ2.jhu.edu/people/ccarroll/papers/cstwMPC}}, - pages = {977-1020}, - title = {The Distribution of Wealth and the Marginal - Propensity to Consume}, - volume = {8}, - year = {2017}, - doi = {10.3982/QE694}, - url = {http://onlinelibrary.wiley.com/doi/10.3982/QE694/pdf}, -} - -@article{kmvHANK, - author = {Kaplan, Greg and Moll, Benjamin and - Violante, Giovanni L.}, - journal = {American Economic Review}, - month = {March}, - number = {3}, - pages = {697--743}, - title = {Monetary Policy According to HANK}, - volume = {108}, - year = {2018}, - abstract = {We revisit the transmission mechanism of monetary - policy for household consumption in a Heterogeneous - Agent New Keynesian (HANK) model. The model yields - empirically realistic distributions of household - wealth and marginal propensities to consume because - of two key features: multiple assets with different - degrees of liquidity and an idiosyncratic income - process with leptokurtic income changes. In this - environment, the indirect effects of an unexpected - cut in interest rates, which operate through a - general equilibrium increase in labor demand, far - outweigh direct effects such as intertemporal - substitution. This finding is in stark contrast to - small- and medium-scale Representative Agent New - Keynesian (RANK) economies, where intertemporal - substitution drives virtually all of the transmission - from interest rates to consumption.}, -} - -@techreport{ckConsumption, - author = {Crawley, Edmund and Kuchler, Andreas}, - institution = {Danmarks Nationalbank}, - month = {November}, - number = {129}, - type = {working paper}, - title = {Consumption Heterogeneity: Micro Drivers and Macro - Implications}, - year = {2018}, -} - -@article{bbdUncertainty, - author = {Baker, Scott R and Bloom, Nicholas and - Davis, Steven J}, - journal = {The Quarterly Journal of Economics}, - number = {4}, - pages = {1593--1636}, - publisher = {Oxford University Press}, - title = {Measuring economic policy uncertainty}, - volume = {131}, - year = {2016}, -} - -@article{carroll_sticky_2020, - journal = {American {Economic} {Journal:} {Macroeconomics}}, - title = {Sticky {Expectations} and {Consumption} {Dynamics}}, - url = {http://www.nber.org/papers/w24377}, - abstract = {Macroeconomic models often invoke consumption “habits” to explain the substantial persistence of aggregate consumption growth. But a large literature has found no evidence of habits in microeconomic datasets that measure the behavior of individual households. We show that the apparent conflict can be explained by a model in which consumers have accurate knowledge of their personal circumstances but ‘sticky expectations’ about the macroeconomy. In our model, the persistence of aggregate consumption growth reflects consumers’ imperfect attention to aggregate shocks. Our proposed degree of (macro) inattention has negligible utility costs, because aggregate shocks constitute only a tiny proportion of the uncertainty that consumers face.}, - volume = {Forthcoming}, - author = {Carroll, Christopher D. and Crawley, Edmund and Slacalek, Jiri and Tokuoka, Kiichi and White, Matthew N.}, - year = {2020}, - doi = {10.3386/w24377} -} - - -@techreport{FariaBlog2020, - author = {{Faria-e-Castro}, Miguel}, - institution = {Federal Reserve Bank, St. Louis}, - month = {March}, - type = {Blog post}, - title = {Back-of-the-Envelope Estimates of Next Quarter's Unemployment Rate}, - year = {2020}, - url = {https://www.stlouisfed.org/on-the-economy/2020/march/back-envelope-estimates-next-quarters-unemployment-rate} -} - -@techreport{JPMorganBlog2020, - author = {JPMorgan}, - institution = {JPMorgan}, - month = {March}, - day = {27}, - type = {Blog post}, - title = {Fallout from COVID-19: Global Recession, Zero Interest Rates and Emergency Policy Actions}, - year = {2020}, - url = {https://www.jpmorgan.com/global/research/fallout-from-covid19} -} - -@techreport{Bloomberg1, - author = {Bloomberg}, - institution = {Bloomberg}, - month = {March}, - day = {17}, - type = {Press article}, - title = {Mnuchin Warns Virus Could Yield 20\% Jobless Rate Without Action}, - year = {2020}, - url = {https://www.bloomberg.com/news/articles/2020-03-17/mnuchin-warns-virus-could-yield-20-jobless-rate-without-action-k7wheob8} -} - -@techreport{Bloomberg2, - author = {Bloomberg}, - institution = {Bloomberg}, - month = {March}, - day = {22}, - type = {Press article}, - title = {U.S. Jobless Rate May Soar to 30\%, Fed's Bullard Says}, - year = {2020}, - url = {https://www.bloomberg.com/news/articles/2020-03-22/fed-s-bullard-says-u-s-jobless-rate-may-soar-to-30-in-2q} -} - -@techreport{LeiboviciSocial2020, - author = {Leibovici, Fernando and Santacreu, Ana Maria}, - institution = {Federal Reserve Bank, St. Louis}, - month = {March}, - type = {Blog post}, - title = {Social Distancing and Contact-Intensive Occupations}, - year = {2020}, - url = {https://www.stlouisfed.org/on-the-economy/2020/march/social-distancing-contact-intensive-occupations} -} - -@techreport{GasconCOVID2020, - author = {Gascon, Charles}, - institution = {Federal Reserve Bank, St. Louis}, - month = {March}, - type = {Blog post}, - title = {COVID-19: Which Workers Face the Highest Unemployment Risk?}, - year = 2020, - url = {https://www.stlouisfed.org/on-the-economy/2020/march/covid-19-workers-highest-unemployment-risk} -} - - -@article{SabelhausSong, - author = {John Sabelhaus and Jae Song}, - journal = {Journal of Monetary Economics}, - number = {4}, - pages = {391--403}, - title = {The Great Moderation in Micro Labor Earnings}, - volume = {57}, - year = {2010}, -} - -@article{todaCrossSection, -author = {Alexis Akira Toda}, - title = {Incomplete market dynamics and cross-sectional distributions}, - journal = {Journal of Economic Theory}, - volume = {154}, - pages = {310-348}, - doi = {10.1016/j.jet.2014.09.015}, - year = {2014}, - month = {November} -} - -@article{geometricDeath, - author = {Beare, Brendan K. and Alexis Akira Toda}, - title = {Geometrically stopped Markovian random growth processes and Pareto tails}, - year = {2017}, - journal = {arXiv}, - doi = {arxiv.org/abs/1712.01431}, - url = {https://arxiv.org/abs/1712.01431} -} - - -@Unpublished{MaTodaMPC, - author = {Ma, Qingyin and Toda, Alexis Akira}, - title = {Asymptotic Marginal Propensity to Consume}, - year = {2020}, - url = {https://arxiv.org/abs/2002.09108}, - note = {Manuscript, Australian National University} -} - -@Article{StachurskiToda2019JET, - author = {Stachurski, John and Toda, Alexis Akira}, - title = {An Impossibility Theorem for Wealth in Heterogeneous-agent Models with Limited Heterogeneity}, - journal = {Journal of Economic Theory}, - year = {2019}, - volume = {182}, - pages = {1-24}, - month = jul, - doi = {10.1016/j.jet.2019.04.001}, -} - -@Article{MaStachurskiToda2020JET, - author = {Ma, Qingyin and Stachurski, John and Toda, Alexis Akira}, - title = {The Income Fluctuation Problem and the Evolution of Wealth}, - journal = {Journal of Economic Theory}, - year = {2020}, - volume = {187}, - pages = {105003}, - month = may, - doi = {10.1016/j.jet.2020.105003}, -} - -@article{guerrieri2017credit, - title={Credit crises, precautionary savings, and the liquidity trap}, - author={Guerrieri, Veronica and Lorenzoni, Guido}, - journal={The Quarterly Journal of Economics}, - volume={132}, - number={3}, - pages={1427--1467}, - year={2017}, - publisher={Oxford University Press} -} - -@article{bayer2019precautionary, - title={Precautionary savings, illiquid assets, and the aggregate consequences of shocks to household income risk}, - author={Bayer, Christian and L{\"u}tticke, Ralph and Pham-Dao, Lien and Tjaden, Volker}, - journal={Econometrica}, - volume={87}, - number={1}, - pages={255--290}, - year={2019}, - publisher={Wiley Online Library} -} - -@article{seater1997optimal, - title={An optimal control solution to the liquidity constraint problem}, - author={Seater, John J}, - journal={Economics Letters}, - volume={54}, - number={2}, - pages={127--134}, - year={1997}, - publisher={Elsevier} -} - -@ARTICLE{solowTheory, -title = {\href{https://www.elgaronline.com/view/journals/roke/6-4/roke.2018.04.02.xml}{A theory is a sometime thing}}, -author = {Solow, Robert}, -year = {2018}, -journal = {Review of Keynesian Economics}, -volume = {6}, -number = {4}, -pages = {421-424}, -url = {https://EconPapers.repec.org/RePEc:elg:rokejn:v:6:y:2018:i:4:p421-424} -} - -@Preamble{ "\providecommand{\noopsort}[1]{} " -# "\providecommand{\singleletter}[1]{#1} " } - -@article{cctwMoM, - author = {Carroll, Christopher D. and Karsten Chipeniuk and Kiichi Tokuoka and Weifeng Wu}, - title = {The Method of Moderation}, - journal = {Manuscript, Johns Hopkins University}, - year = 2020, - url = {https://www.econ2.jhu.edu/people/ccarroll/cctwMoM} -} - -@Book{bellmanDynamicProgramming, - author = "Bellman, Richard", - title = "Dynamic Programming", - publisher = "Princeton University Press", - year = "1957", - address = "Princeton, NJ, USA", - edition = "1", - bib2html_rescat = "General RL", -} - - -@InProceedings{carroll_et_al-proc-scipy-2018, - author = { {C}hristopher {D}. {C}arroll and {A}lexander {M}. {K}aufman and {J}acqueline {L}. {K}azil and {N}athan {M}. {P}almer and {M}atthew {N}. {W}hite }, - title = { {T}he {E}con-{A}{R}{K} and {H}{A}{R}{K}: {O}pen {S}ource {T}ools for {C}omputational {E}conomics }, - booktitle = { {P}roceedings of the 17th {P}ython in {S}cience {C}onference }, - pages = { 25 - 30 }, - year = { 2018 }, - editor = { {F}atih {A}kici and {D}avid {L}ippa and {D}illon {N}iederhut and {M} {P}acer }, - doi = { 10.25080/Majora-4af1f417-004 } -} - -@ARTICLE{chkLiqConstr, - author = {Carroll, Christopher D. and Martin Holm and Miles S. Kimball}, - title = {Liquidity Constraints and Precautionary Saving}, - journal = {\href{https://www.econ2.jhu.edu/people/ccarroll/papers/LiqConstr}{Manuscript, Johns Hopkins University}}, - year = 2019, - note = {Status: Revise and Resubmit; latest version at \url{https://www.econ2.jhu.edu/people/ccarroll/papers/LiqConstr}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/LiqConstr}, -} - - -@article{guerrieri2017credit, - title={Credit crises, precautionary savings, and the liquidity trap}, - author={Guerrieri, Veronica and Lorenzoni, Guido}, - journal={The Quarterly Journal of Economics}, - volume={132}, - number={3}, - pages={1427--1467}, - year={2017}, - publisher={Oxford University Press} -} - -@article{glLiq, - author = {Guerrieri, Veronica and Lorenzoni, Guido}, - journal = {The Quarterly Journal of Economics}, - number = {3}, - pages = {1427--1467}, - publisher = {Oxford University Press}, - title = {Credit crises, precautionary savings, and the - liquidity trap}, - volume = {132}, - year = {2017}, -} - -@article{blPrecautionary, - title={Precautionary savings, illiquid assets, and the aggregate consequences of shocks to household income risk}, - author={Bayer, Christian and L{\"u}tticke, Ralph and Pham-Dao, Lien and Tjaden, Volker}, - journal={Econometrica}, - volume={87}, - number={1}, - pages={255--290}, - year={2019}, - publisher={Wiley Online Library} -} - -@article{khanMacroPru, - author = {Shujaat Khan}, - title = {Macroprudential Policies in a Heterogeneous Agent Model of Housing Default}, - journal = {Department of Economics, Johns Hopkins University}, - year = {2019}, - url = {https://pdfs.semanticscholar.org/8e9d/dfe7c204bbfa8a23f42f4931461fb467fc08.pdf?_ga=2.95712860.1156899890.1563925023-1991616136.1563925023} -} - -@article{SSinHANK, - title = {Monetary Policy Transmission with Many Agents}, - author = {Crawley, Edmund and Seungcheol Lee}, - journal = {Manuscript, Johns Hopkins University}, - year = {2019}, - month = {March}, -} - -@article{blSolving, - title = {Solving Heterogeneous Agent Models In Discrete Time With Many Idiosyncratic States By Perturbation Methods}, - author = {Christian Bayer and Ralph Luetticke}, - journal = {Centre for Economic Policy Research}, - volume = {Discussion Paper 13071}, - year = 2018 -} - -@article{carrollHeteroAndMacro, - title = {Heterogeneity and Macro Modeling In Policymaking Institutions}, - year = {2019}, - journal = {Presentation to the Heads of Research of the European Central Banks}, - url = {https://mybinder.org/v2/gh/econ-ark/PARK/master?filepath=Hetero-And-Macro/Hetero-And-Macro.ipynb} -} - -@article{auclertMonetary, - title={Monetary policy and the redistribution channel}, - author={Auclert, Adrien}, - journal={American Economic Review}, - volume={109}, - number={6}, - pages={2333--67}, - year={2019}, - url = {https://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.20160137}, - note = {\href{https://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.20160137}{https://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.20160137}} -} - -@article{ccarrollHeteroAndMacro, - author = {Carroll, Christopher}, - title = {Heterogeneity and Macro Modeling In Policymaking Institutions}, - journal = {Presentation to the Heads of Research of the European Central Banks}, - year = 2019 -} - -@article{klRiskPremia, - author = {Rohan Kekre and Moritz Lenel}, - title = {Redistribution, risk premia, and the macroeconomy}, - journal = {Slides Presented at NBER `Micro to Macro' Working Group}, - year = 2019 -} - -@article{wolfGEInvariance, - author = {Wolf, Christian}, - title = {The Missing Intercept: A Sufficient Statistics Approach to General Equilibrium Effects}, - journal = {Slides Presented at NBER `Micro to Macro' Working Group}, - year = 2019 -} - -@article{CrawleyMonPolicywithHeterogeneity, - author = {Crawley, Edmund}, - title = {Intro to Monetary Policy with Heterogeneity}, - journal = {Slides Presented at JHU ``Computational Methods in Economics''}, - year = 2019 -} - - -@book{beckenbach1983inequalities, -volume = {30}, -publisher = {Springer}, -year = {1983}, -edition = {reprint}, -title = {Inequalities}, -author = {Beckenbach, Edwin F and Bellman, Richard} -} - -@article{druedahl2018precautionary, - title={Precautionary borrowing and the credit card debt puzzle}, - author={Druedahl, Jeppe and J{\o}rgensen, Casper Nordal}, - journal={Quantitative Economics}, - volume={9}, - number={2}, - pages={785--823}, - year={2018}, - publisher={Wiley Online Library} -} - -@article{park2006analytical, - title={An analytical solution to the inverse consumption function with liquidity constraints}, - author={Park, Myung-Ho}, - journal={Economics Letters}, - volume={92}, - number={3}, - pages={389--394}, - year={2006}, - publisher={Elsevier} -} - -@article{nishiyama2012concavity, - title={On the Concavity of the Consumption Function with a Quadratic Utility under Liquidity Constraints}, - author={Nishiyama, Shin-Ichi and Kato, Ryo}, - journal={Theoretical Economics Letters}, - volume={2}, - number={05}, - pages={566}, - year={2012}, - publisher={Scientific Research Publishing} -} - -@article{holm2018consumption, - title={Consumption with liquidity constraints: An analytical characterization}, - author={Holm, Martin Blomhoff}, - journal={Economics Letters}, - volume={167}, - pages={40--42}, - year={2018}, - publisher={Elsevier} -} - - -@article{lee2007degree, - title={The degree of precautionary saving: A reexamination}, - author={Lee, Jeong-Joon and Sawada, Yasuyuki}, - journal={Economics Letters}, - volume={96}, - number={2}, - pages={196--201}, - year={2007}, - publisher={Elsevier} -} - -@article{lee2010precautionary, - title={Precautionary saving under liquidity constraints: Evidence from rural Pakistan}, - author={Lee, Jeong-Joon and Sawada, Yasuyuki}, - journal={Journal of Development Economics}, - volume={91}, - number={1}, - pages={77--86}, - year={2010}, - publisher={Elsevier} -} - - -@article{fulford2015important, - title={How important is variability in consumer credit limits?}, - author={Fulford, Scott L}, - journal={Journal of Monetary Economics}, - volume={72}, - pages={42--63}, - year={2015}, - publisher={Elsevier} -} - - - -@article{kmvHANK, - author = {Kaplan, Greg and Moll, Benjamin and - Violante, Giovanni L.}, - journal = {American Economic Review}, - month = {March}, - number = {3}, - pages = {697--743}, - title = {Monetary Policy According to HANK}, - volume = {108}, - year = {2018}, - abstract = {We revisit the transmission mechanism of monetary policy for household consumption in a Heterogeneous Agent New Keynesian (HANK) model. The model yields empirically realistic distributions of household wealth and marginal propensities to consume because of two key features: multiple assets with different degrees of liquidity and an idiosyncratic income process with leptokurtic income changes. In this environment, the indirect effects of an unexpected cut in interest rates, which operate through a general equilibrium increase in labor demand, far outweigh direct effects such as intertemporal substitution. This finding is in stark contrast to small- and medium-scale Representative Agent New Keynesian (RANK) economies, where intertemporal substitution drives virtually all of the transmission from interest rates to consumption.}, -} - - -@techreport{fuhrerIntrinsicPersistence, - author = {Fuhrer, Jeffrey C.}, - institution = {Federal Reserve Bank of Boston}, - month = may, - number = {18-9}, - type = {working paper}, - title = {Intrinsic Expectations Persistence: Evidence from - Professional and Household Survey Expectations}, - year = {2018}, -} - - -@techreport{kuengTaxnews, - author = {Lorenz Kueng}, - type = {working paper}, - title = {Tax News: Identifying the Household Consumption - Response to Tax Expectations Using Municipal Bond - Prices}, - institution = {Northwestern University}, - year = {2012}, - url = {http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.646.4710}, -} - - -@article{kvwWealthyH2m, - author = {Kaplan, Greg and Violante, Gianluca and Weidner, Justin}, - journal = {Brookings Papers on Economic Activity}, - pages = {77--138}, - title = {The Wealthy Hand-to-Mouth}, - volume = {Spring}, - year = {2014}, - abstract = {The wealthy hand-to-mouth are households who hold - little or no liquid wealth (e.g. cash, checking, and - saving accounts), despite owning sizable amounts of - illiquid assets (i.e., assets that carry a - transaction cost, such as housing, large durables, or - retirement accounts). This portfolio configuration - implies that these households have large marginal - propensities to consume out of small income changes - –a key determinant of the macroeconomic - effects of fiscal policy. The wealthy hand-to-mouth, - therefore, behave in many respects like households - with little or no net worth, yet they escape standard - definitions (and empirical measurements) of - hand-to-mouth agents based on net worth. We use - survey data on household portfolios for the U.S., - Canada, Australia, the U.K., Germany, France, Italy, - and Spain to document the share of such households - across countries, their demographic characteristics, - the composition of their balance sheet, and the - persistence of hand-to-mouth status over the life - cycle. Finally, we discuss the implications of this - group of consumers for macroeconomic modelling and - policy analysis.}, -} - -@techreport{arsInvestmentInattention, - author = {Adrien Auclert and Matthew Rognlie and Ludwig Straub}, - institution = {Stanford University}, - type = {mimeo}, - title = {Investment, Heterogeneity, and Inattention}, - year = {2019}, -} - -@article{ktvHousingWealthEffect, - title={The Housing Wealth Effect: Quasi-Experimental Evidence}, - author={Kessel, Dany and Tyrefors, Bj{\"o}rn and Vestman, Roine}, - journal={Available at SSRN}, - year={2019} -} - -@article{pjInfo, - title={Information sharing in credit markets}, - author={Pagano, Marco and Jappelli, Tullio}, - journal={The Journal of Finance}, - volume={48}, - number={5}, - pages={1693--1718}, - year={1993}, - publisher={Wiley Online Library} -} - -@article{sims_beyondLQ, - author = {Christopher A. Sims}, - journal = {American Economic Review}, - month = {May}, - number = {2}, - pages = {158--163}, - title = {Rational Inattention: Beyond the Linear--Quadratic - Case}, - volume = {96}, - year = {2006}, -} - -@article{tutino_RIconsumption, - author = {Antonella Tutino}, - journal = {Review of Economic Dynamics}, - month = {July}, - number = {3}, - pages = {421--439}, - title = {Rationally Inattentive Consumption Choices}, - volume = {16}, - year = {2013}, -} - -@article{opLiquidH2M, - author = {Olafsson, Arna and Pagel, Michaela}, - journal = {The Review of Financial Studies}, - number = {11}, - pages = {4398--4446}, - title = {The Liquid Hand-to-Mouth: Evidence from Personal - Finance Management Software}, - volume = {31}, - year = {2018}, -} - -@article{dornbuschOvershooting, -author = {Dornbusch, Rudiger}, -title = {Expectations and Exchange Rate Dynamics}, -journal = {Journal of Political Economy}, -volume = {84}, -number = {6}, -pages = {1161-1176}, -year = {1976}, -doi = {10.1086/260506}, -URL = { https://doi.org/10.1086/260506}, -eprint = {https://doi.org/10.1086/260506}, -abstract = { The paper develops a theory of exchange rate movements under perfect capital mobility, a slow adjustment of goods markets relative to asset markets, and consistent expectations. The perfect foresight path is derived and it is shown that along that along that path a monetary expansion causes the exchange rate to depreciate. An initial overshooting of exchange rates is shown to derive from differential adjustment speed of markets. The magnitude and persistence of the overshooting is developed in terms of the structural parameters of the model. To the extent that output responds to a monetary expansion in the short run, this acts a a dampening effect on exchange depreciation and may, in fact, lead to an increase in interest rates. } -} - -@article{bmpMITshocks, - author = {Boppart, Timo and Krusell, Per and Mitman, Kurt}, - journal = {Journal of Economic Dynamics and Control}, - number = {C}, - pages = {68--92}, - title = {Exploiting MIT Shocks in Heterogeneous-Agent - Economies: The Impulse Response as a Numerical - Derivative}, - volume = {89}, - year = {2018}, - url = {\href{https://www.sciencedirect.com/science/article/pii/S0165188918300022}{https://www.sciencedirect.com/science/article/pii/S0165188918300022}} -} - - -@article{cochrane_nearRational, - author = {Cochrane, John H}, - journal = {American Economic Review}, - month = {June}, - number = {3}, - pages = {319--337}, - title = {The Sensitivity of Tests of the Intertemporal - Allocation of Consumption to Near-Rational - Alternatives}, - volume = {79}, - year = {1989}, -} - -@article{hrsHabit, - author = {Havranek, Tomas and Rusnak, Marek and Sokolova, Anna}, - journal = {European Economic Review}, - pages = {142--167}, - publisher = {Elsevier}, - title = {Habit formation in consumption: A meta-analysis}, - volume = {95}, - year = {2017}, - doi = {10.1016/j.euroecorev.2017.03.009}, - url = {https://doi.org/10.1016/j.euroecorev.2017.03.009}, -} - -@article{reis:inattentive, - author = {Reis, Ricardo}, - journal = {Journal of Monetary Economics}, - number = {8}, - pages = {1761--1800}, - publisher = {Elsevier}, - title = {Inattentive Consumers}, - volume = {53}, - year = {2006}, -} - -@article{mw09:RI, - author = {Ma\'{c}kowiak, Bartosz and Mirko Wiederholt}, - journal = {American Economic Review}, - month = {June}, - number = {3}, - pages = {769-803}, - title = {{Optimal Sticky Prices under Rational Inattention}}, - volume = {99}, - year = {2009}, - abstract = {This paper presents a model in which price setting - firms decide what to pay attention to, subject to a - constraint on information flow. When idiosyncratic - conditions are more variable or more important than - aggregate conditions, firms pay more attention to - idiosyncratic conditions than to aggregate - conditions. When we calibrate the model to match the - large average absolute size of price changes observed - in micro data, prices react fast and by large amounts - to idiosyncratic shocks, but only slowly and by small - amounts to nominal shocks. Nominal shocks have strong - and persistent real effects. (JEL D21, D83, E31, - E52)}, - doi = {}, - url = {https://ideas.repec.org/a/aea/aecrev/v99y2009i3p769- - 803.html}, -} - -@article{LuoRinGE, - author = {Yulei Luo and Jun Nie and Gaowang Wang and - Eric R. Young}, - journal = {Journal of Economic Theory}, - volume = {172}, - pages = {55--87}, - title = {Rational Inattention and the Dynamics of Consumption - and Wealth in General Equilibrium}, - year = {2017}, -} - -@article{luo:inatC, - author = {Yulei Luo}, - journal = {Review of Economic Dynamics}, - number = {2}, - pages = {366--385}, - title = {Consumption Dynamics under Information Processing - Constraints}, - volume = {11}, - year = {2008}, -} - -@article{ludvigson&michaelides:excesses, - author = {Ludvigson, Sydney and Alexander Michaelides}, - journal = {American Economic Review}, - month = {June}, - number = {3}, - pages = {631--647}, - title = {Does Buffer Stock Saving Explain the Smoothness and - Excess Sensitivity of Consumption?}, - volume = {91}, - year = {2001}, -} - -@article{bppInequality, - author = {Blundell, Richard and Pistaferri, Luigi and - Preston, Ian}, - journal = {American Economic Review}, - month = {December}, - number = {5}, - pages = {1887--1921}, - title = {Consumption Inequality and Partial Insurance}, - volume = {98}, - year = {2008}, -} - - - -@techreport{aydinCresponse, - author = {Deniz Ayd{\i}n}, - institution = {Washington University, St.\ Louis}, - type = {mimeo}, - title = {Consumption Response to Credit Expansions: Evidence - from Experimental Assignment of 45,307 Credit Lines}, - year = {2018}, -} - -@article{carroll&kimball:concavity, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - journal = {Econometrica}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}}, - number = {4}, - pages = {981--992}, - title = {On the {C}oncavity of the {C}onsumption {F}unction}, - volume = {64}, - year = {1996}, - url = {https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}, -} - -@article{pistaferriSuperior, - author = {Luigi Pistaferri}, - journal = {The Review of Economics and Statistics}, - month = {August}, - number = {3}, - pages = {465-476}, - title = {Superior Information, Income Shocks, And The - Permanent Income Hypothesis}, - volume = {83}, - year = {2001}, -} - -@article{gsInferring, - author = {Guvenen, Fatih and Smith, Anthony A.}, - journal = {Econometrica}, - number = {6}, - pages = {2085-2129}, - title = {Inferring Labor Income Risk and Partial Insurance - From Economic Choices}, - volume = {82}, - year = {2014}, - abstract = {This paper uses the information contained in the - joint dynamics of individuals' labor earnings and - consumption-choice decisions to quantify both the - amount of income risk that individuals face and the - extent to which they have access to informal - insurance against this risk. We accomplish this task - by using indirect inference to estimate a structural - consumption–savings model, in which individuals - both learn about the nature of their income process - and partly insure shocks via informal mechanisms. In - this framework, we estimate (i) the degree of partial - insurance, (ii) the extent of systematic differences - in income growth rates, (iii) the precision with - which individuals know their own income growth rates - when they begin their working lives, (iv) the - persistence of typical labor income shocks, (v) the - tightness of borrowing constraints, and (vi) the - amount of measurement error in the data. In - implementing indirect inference, we find that an - auxiliary model that approximates the true structural - equations of the model (which are not estimable) - works very well, with negligible small sample bias. - The main substantive findings are that income shocks - are moderately persistent, systematic differences in - income growth rates are large, individuals have - substantial amounts of information about their income - growth rates, and about one-half of income shocks are - smoothed via partial insurance. Putting these - findings together, the amount of uninsurable lifetime - income risk that individuals perceive is - substantially smaller than what is typically assumed - in calibrated macroeconomic models with incomplete - markets.}, - doi = {10.3982/ECTA9446}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.3982/ECTA9446}, -} - -@article{kennickellPermanent, - author = {Kennickell, Arthur}, - journal = {mimeo, Board of Governors of the Federal Reserve - System}, - title = {Saving and Permanent Income: Evidence from the 1992 - SCF}, - year = {1995}, -} - -@article{wilcox:aer, - author = {Wilcox, David W.}, - journal = {American Economic Review}, - number = {4}, - pages = {922--941}, - title = {The Construction of U.S. Consumption Data: Some Facts - and Their Implications for Empirical Work}, - volume = {82}, - year = {1992}, -} - -@article{soulelesTaxRefunds, - author = {Souleles, Nicholas S.}, - journal = {American Economic Review}, - month = {September}, - number = {4}, - pages = {947--958}, - title = {The Response of Household Consumption to Income Tax - Refunds}, - volume = {89}, - year = {1999}, -} - -@article{BrowningColladoAER, - author = {Browning, Martin and Collado, M. Dolores}, - journal = {American Economic Review}, - number = {3}, - pages = {681--692}, - title = {The Response of Expenditures to Anticipated Income - Changes: Panel Data Estimates}, - volume = {91}, - year = {2001}, -} - -@article{hsiehAlaska, - author = {Hsieh, Chang-Tai}, - journal = {American Economic Review}, - number = {1}, - pages = {397--405}, - title = {Do consumers react to anticipated income changes? - Evidence from the Alaska permanent fund}, - volume = {93}, - year = {2003}, -} - -@article{kuengAlaska, - title={Excess sensitivity of high-income consumers}, - author={Kueng, Lorenz}, - journal={The Quarterly Journal of Economics}, - volume={133}, - number={4}, - pages={1693--1751}, - year={2018}, - publisher={Oxford University Press} -} - -@article{bbdUncertainty, - author = {Baker, Scott R and Bloom, Nicholas and - Davis, Steven J}, - journal = {The Quarterly Journal of Economics}, - number = {4}, - pages = {1593--1636}, - publisher = {Oxford University Press}, - title = {Measuring economic policy uncertainty}, - volume = {131}, - year = {2016}, -} - - -@inbook{NBERc13907, - Crossref = "NBEReich-4", - title = "Survey Measurement of Probabilistic Macroeconomic Expectations: Progress and Promise", - author = "Charles F. Manski", - BookTitle = "NBER Macroeconomics Annual 2017, volume 32", - Publisher = "University of Chicago Press", - year = "2017", - month = "April", - URL = "http://www.nber.org/chapters/c13907", -} - -@INBOOK{bmsValidity, - title = {The Validity of Consumption Data: Are the Consumer - Expenditure Interview and Diary Surveys - Informative?}, - publisher = {University of Chicago Press}, - year = 2013, - author = {Adam Bee and Bruce D. Meyer and James X. Sullivan}, - month = {February}, - booktitle = {Improving the Measurement of Household Expenditures}, - crossref = {NBERcarr11-1}, - url = {http://www.nber.org/chapters/c12662} -} - -@INBOOK{pgmCEvsPCE, - title = {Understanding the Relationship: CE Survey and PCE}, - publisher = {University of Chicago Press}, - year = 2012, - author = {William Passero and Thesia I. Garner and Clinton - McCully}, - month = {April}, - booktitle = {Improving the Measurement of Household Expenditures}, - crossref = {NBERcarr11-1}, - url = {http://www.nber.org/chapters/c12659} -} - -@inproceedings{ParkerSoulelesCarroll, - Crossref = "NBERcarr11-1", - author = {Parker, Jonathan A. and Nicholas S. Souleles and - Christopher D. Carroll}, - title = {The Benefits of Panel Data in Consumer Expenditure - Surveys}, - booktitle = {Improving the Measurement of Consumer Expenditures}, - chapter = {7}, - note = {Final version at - \href{https://www.econ2.jhu.edu/people/ccarroll/papers/ParkerSoulelesCarroll/}{\texttt{https://www.econ2.jhu.edu/people/ccarroll/papers/ParkerSoulelesCarroll/}}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/ParkerSoulelesCarroll/} -} - -@InBook{deatonPuzzlesAndParadoxes, - title = {{P}uzzles and {P}aradoxes}, - year = {2013}, - author = {Angus Deaton}, - crossref = {Eminent}, - file = {deatonPuzzlesAndParadoxes.pdf:deatonPuzzlesAndParadoxes.pdf:PDF}, -} - - - -@misc{crawley_time_2018, - author = {Crawley, Edmund}, - title = {Time Aggregation in Panel Data on Income and Consumption}, - year = {2018}, - howpublished = {Mimeo, Department of Economics, Johns Hopkins University} -} - -@techreport{ckConsumption, - author = {Crawley, Edmund and Kuchler, Andreas}, - institution = {Danmarks Nationalbank}, - month = {November}, - number = {129}, - type = {working paper}, - title = {Consumption Heterogeneity: Micro Drivers and Macro - Implications}, - year = {2018}, -} - -@misc{clMonetary, - author = {Crawley, Edmund and Lee, Seungcheol}, - title = {Monetary Policy Transmission with Many Agents}, - year = {2019}, - howpublished = {Mimeo, Department of Economics, Johns Hopkins University} -} - -@article{summersSecStagReuters, - author = {Summers, Lawrence}, - journal = {Reuters Analysis \& Opinion}, - title = {On secular stagnation}, - volume = {16}, - year = {2013}, -} - -@article{summersSecStagAER, - author = {Summers, Lawrence H}, - journal = {American Economic Review}, - number = {5}, - pages = {60--65}, - title = {Demand side secular stagnation}, - volume = {105}, - year = {2015}, -} - -@article{krugmanSecStagNYT, - author = {Krugman, Paul}, - journal = {New York Times}, - pages = {2013}, - title = {Secular stagnation, coalmines, bubbles, and Larry - Summers}, - volume = {16}, - year = {2013}, -} - -@article{krugmanSecStagCEPR, - author = {Krugman, Paul}, - journal = {Secular stagnation: Facts, causes and cures}, - pages = {61--68}, - publisher = {CEPR Press London}, - title = {Four observations on secular stagnation}, - year = {2014}, -} - -@article{gordonSecStag, - author = {Gordon, Robert J}, - journal = {American Economic Review}, - number = {5}, - pages = {54--59}, - title = {Secular stagnation: A supply-side view}, - volume = {105}, - year = {2015}, -} - -@article{hhhwSecStagNo, - author = {Hamilton, James D and Harris, Ethan S and - Hatzius, Jan and West, Kenneth D}, - journal = {IMF Economic Review}, - number = {4}, - pages = {660--707}, - publisher = {Springer}, - title = {The equilibrium real funds rate: Past, present, and - future}, - volume = {64}, - year = {2016}, -} - -@article{BergerEtAl:HPandC, - author = {David Berger and Veronica Guerrieri and - Guido Lorenzoni and Joseph Vavra}, - journal = {Review of Economic Studies}, - number = {3}, - pages = {1502--1542}, - title = {House Prices and Consumer Spending}, - volume = {85}, - year = {2018}, -} - -@inproceedings{mue07, - author = {Muellbauer, John N.}, - booktitle = {Housing, Housing Finance and Monetary Policy}, - pages = {267--334}, - publisher = {Jackson Hole Symposium, Federal Reserve Bank of - Kansas City}, - title = {Housing, Credit and Consumer Expenditure}, - year = {2007}, -} - -@TECHREPORT{hall:slump, - author = {Hall, Robert E.}, - title = {The Long Slump}, - institution = {{ASSA M}eetings, Denver}, - year = 2011, - type = {{AEA} {P}residential {A}ddress}, - owner = {Jiri}, - timestamp = {2011.01.13} -} - -@article{gkLiq, - author = {Gauti B. Eggertsson and Paul Krugman}, - journal = {The Quarterly Journal of Economics}, - number = {3}, - pages = {1469--1513}, - title = {Debt, Deleveraging, and the Liquidity Trap: A - Fisher--Minsky--Koo Approach}, - volume = {127}, - year = {2012}, -} - - -@article{justPrimTamb:CredSupplyAndHouseBoom, - author = {Alejandro Justiniano and Giorgio Primiceri and - Andrea Tambalotti}, - journal = {Journal of Political Economy}, - title = {Credit Supply and the Housing Boom}, - year = {forthcoming}, -} - -@techreport{huoRRfinFrictionsGR, - author = {Huo, Zhen and R\'{\i}os-Rull, Jos\'e-V\'{\i}ctor}, - institution = {Federal Reserve Bank of Minneapolis}, - month = feb, - number = {526}, - type = {Staff Report}, - title = {Financial Frictions, Asset Prices, and the Great - Recession}, - year = {2016}, -} - -@techreport{garrigaHedlund, - author = {Carlos Garriga and Aaron Hedlund}, - institution = {University of Missouri}, - type = {mimeo}, - title = {Housing Finance, Boom--Bust Episodes, and - Macroeconomic Fragility}, - year = {2018}, -} - -@techreport{kmv:houseBoomBust, - author = {Greg Kaplan and Kurt Mitman and Giovanni L. Violante}, - institution = {National Bureau of Economic Research}, - month = aug, - number = {23694}, - type = {working paper}, - title = {The Housing Boom and Bust: Model Meets Evidence}, - year = {2017}, - url = {https://ideas.repec.org/p/nbr/nberwo/23694.html}, -} - -@techreport{goreaMidriganLiqConstraints, - author = {Denis Gorea and Virgiliu Midrigan}, - institution = {New York University}, - type = {mimeo}, - title = {Liquidity Constraints in the U.S. Housing Market}, - year = {2018}, -} - -@article{wooleyDeregulation, - author = {Woolley, John T.}, - journal = {Presidential Studies Quarterly}, - number = {1}, - pages = {60-80}, - title = {Persistent Leadership: Presidents and the Evolution - of U.S. Financial Reform, 1970-2007}, - volume = {42}, - year = {2012}, - abstract = {Between 1970 and 2007, presidents of both parties - consistently and actively supported financial - deregulation. Given the low visibility and relatively - technical nature of the issues, presidents saw - deregulation as the best way to respond to technical - innovation in the industry and disruptions caused by - inflation. This history suggests several lessons for - students of the role of presidents in policy making. - Presidents can be active in promoting policy reform - even though standard methods for defining the - presidential agenda do not reveal this fact. We see - presidential engagement reflected in White House - statements both before and after legislation is - passed, and in White House use of study reports and - messages to shape an elite consensus.}, - doi = {10.1111/j.1741-5705.2012.03941.x}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1741- - 5705.2012.03941.x}, -} - -@article{landvoigt:rfs, - author = {Landvoigt, Tim}, - journal = {The Review of Financial Studies}, - month = {04}, - number = {6}, - pages = {1865--1902}, - title = {{Housing Demand During the Boom: The Role of - Expectations and Credit Constraints}}, - volume = {30}, - year = {2017}, -} - -@techreport{krusell:usWealthDistr, - author = {Joachim Hubmer and Per Krusell and - Anthony A. {Smith, Jr.}}, - institution = {Yale University}, - type = {mimeo}, - title = {A Comprehensive Quantitative Theory of the U.S. - Wealth Distribution}, - year = {2018}, -} - - -@article{dgTANK, - author = {Debortoli, Davide and Gal{\'\i}, Jordi}, - journal = {Manuscript}, - month = {September}, - title = {Monetary policy with heterogeneous agents: Insights - from TANK models}, - year = {2017}, -} - -@article{bfjstUncertain, - author = {Nicholas Bloom and Max Floetotto and Nir Jaimovich and - Itay {Saporta-Eksten} and Stephen J. Terry}, - journal = {Econometrica}, - month = {May}, - number = {3}, - pages = {1031--1065}, - title = {Really Uncertain Business Cycles}, - volume = {86}, - year = {2018}, -} - -@techreport{BoE_forecasting, - author = {Burgess, Stephen and Fernandez-Corugedo, Emilio and - Groth, Charlotta and Harrison, Richard and - Monti, Francesca and Theodoridis, Konstantinos and - Waldron, Matt}, - institution = {Bank of England}, - month = may, - number = {471}, - type = {working paper}, - title = {The Bank of England's Forecasting Platform: COMPASS, - MAPS, EASE and the Suite of Models}, - year = {2013}, -} - -@article{Trichet_JacksonHoleSpeech, - author = {Jean-Claude Trichet}, - journal = {Proceedings, Economic Policy Symposium, Jackson Hole}, - number = {}, - pages = {243--266}, - title = {Luncheon Address: Central Banking in Uncertain Times: - Conviction and Responsibility}, - volume = {}, - year = {2010}, -} - -@article{bexUncertaintyAssetPrices, - author = {Bekaert, Geert and Engstrom, Eric and Xing, Yuhang}, - journal = {Journal of Financial Economics}, - number = {1}, - pages = {59--82}, - publisher = {Elsevier}, - title = {Risk, uncertainty, and asset prices}, - volume = {91}, - year = {2009}, -} - -@article{drechslerUncertainty, - author = {Drechsler, Itamar}, - journal = {The Journal of Finance}, - number = {5}, - pages = {1843--1889}, - publisher = {Wiley Online Library}, - title = {Uncertainty, time-varying fear, and asset prices}, - volume = {68}, - year = {2013}, -} - -@article{gmAssetPricing, - author = {Gomes, Francisco and Michaelides, Alexander}, - journal = {The Review of Financial Studies}, - number = {1}, - pages = {415--448}, - publisher = {Society for Financial Studies}, - title = {Asset pricing with limited risk sharing and - heterogeneous agents}, - volume = {21}, - year = {2007}, -} - -@techreport{glover:intergenRedistr, - author = {Andrew Glover and Jonathan Heathcote and Dirk Krueger and - R\'{\i}os-Rull, Jos\'e-V\'{\i}ctor}, - institution = {National Bureau of Economic Research}, - month = {October}, - note = - {\url{https://www.sas.upenn.edu/~dkrueger/research/RecessionNew.pdf}}, - number = {16924}, - type = {updated version of working paper}, - title = {Intergenerational Redistribution in the Great - Recession}, - year = {2017}, -} - -@article{favilukis:housing, - author = {Jack Favilukis and Sydney C. Ludvigson and - Stijn {Van Nieuwerburgh}}, - journal = {Journal of Political Economy}, - number = {1}, - pages = {140--223}, - title = {The Macroeconomic Effects of Housing Wealth, Housing - Finance, and Limited Risk Sharing in General - Equilibrium}, - volume = {125}, - year = {2017}, -} - -@techreport{ducaEtAl10_creditArch, - author = {John V. Duca and John Muellbauer and Anthony Murphy}, - institution = {University of Oxford}, - type = {mimeo}, - title = {Credit Market Architecture and the Boom and Bust in - the U.S. Consumption}, - year = {2010}, -} - -@ARTICLE{nsSavingRevisions, - author = {Nakamura, Leonard I. and Stark, Thomas}, - title = {Mismeasured Personal Saving and the Permanent Income - Hypothesis}, - journal = {Working Papers}, - year = 2007, - note = - {\url{http://philadelphiafed.org/research-and-data/publications/working-papers/2007/wp07-8.pdf}}, - file = {nsSavingRevisions.pdf:nsSavingRevisions.pdf:PDF}, - publisher = {Federal Reserve Bank of Philadelphia}, - doi = {dx.doi.org/10.2139/ssrn.707089}, - url = - {http://philadelphiafed.org/research-and-data/publications/working-papers/2007/wp07-8.pdf} -} - -@article{bhutta_mortgageDebt, - author = {Bhutta, Neil}, - journal = {Journal of Monetary Economics}, - number = {C}, - pages = {284--298}, - title = {The Ins and Outs of Mortgage Debt During the Housing - Boom and Bust}, - volume = {76}, - year = {2015}, -} - -@techreport{malmendierSheng, - author = {Ulrike Malmendier and Leslie Sheng Shen}, - institution = {National Bureau of Economic Research}, - month = jun, - number = {24696}, - type = {working paper}, - title = {Scarred Consumption}, - year = {2018}, -} - -@article{jstLeveragedBubbles, - author = {Jord\`{a}, \`{O}scar and Schularick, Moritz and - Taylor, Alan M.}, - journal = {Journal of Monetary Economics}, - number = {S}, - pages = {1--20}, - title = {Leveraged Bubbles}, - volume = {76}, - year = {2015}, -} - -@article{rrAftermath, - author = {Reinhart, Carmen M. and Rogoff, Kenneth S.}, - journal = {American Economic Review}, - month = {May}, - number = {2}, - pages = {466--72}, - title = {The Aftermath of Financial Crises}, - volume = {99}, - year = {2009}, - abstract = {This study investigates the impact of the current - financial crisis on Canada's potential GDP growth. - Using a simple accounting framework to decompose - trend GDP growth into changes in capital, labor - services and total factor productivity, we find a - sizeable drop in Canadian potential growth in the - short term. The estimated decline of about 1 - percentage point originates from a sharply - decelerating capital stock accumulation (as - investment has dropped steeply) and a rising - long-term unemployment rate (which would raise - equilibrium unemployment rates). However, over the - medium term, we expect Canada's potential GDP growth - to gradually rise to around 2 percent, below the - pre-crisis growth rate, mostly reflecting the effects - of population aging and a secular decline in average - working hours.}, - url = {http://ideas.repec.org/a/aea/aecrev/v99y2009i2p466-72.html}, -} - -@article{hurstStafford, - author = {Hurst, Erik and Stafford, Frank}, - journal = {Journal of Money, Credit and Banking}, - month = {December}, - number = {6}, - pages = {985--1014}, - title = {{Home Is Where the Equity Is: Mortgage Refinancing - and Household Consumption}}, - volume = {36}, - year = {2004}, -} - -@article{cooper_housingCollateral, - author = {Daniel Cooper}, - journal = {The Review of Economics and Statistics}, - month = {October}, - number = {4}, - pages = {1183--1197}, - title = {House Price Fluctuations: The Role of Housing Wealth - as Borrowing Collateral}, - volume = {95}, - year = {2013}, -} - -@article{asWealthEffect, - author = {Aruoba, S Boragan and Elul, Ronel and - Kalemli-Ozcan, Sebnem}, - journal = {FRB of Philadelphia Working Paper}, - title = {How Big is the Wealth Effect? Decomposing the - Response of Consumption to House Prices}, - year = {2019}, -} - - -@article{hallRandomWalk, - author = {Hall, Robert E.}, - journal = {Journal of Political Economy}, - note = {Available at - {\url{http://www.stanford.edu/~rehall/Stochastic-JPE-Dec-1978.pdf}}}, - pages = {971--87}, - title = {Stochastic Implications of the Life-Cycle/Permanent - Income Hypothesis: Theory and Evidence}, - volume = {96}, - year = {1978}, - url = {http://www.stanford.edu/~rehall/Stochastic-JPE-Dec- - 1978.pdf}, -} - -@article{kv_microMacro, - author = {Greg Kaplan and Giovanni L. Violante}, - journal = {Journal of Economic Perspectives}, - month = {Summer}, - number = {3}, - pages = {167--194}, - title = {Microeconomic Heterogeneity and Macroeconomic Shocks}, - volume = {32}, - year = {2018}, -} - -@article{auerbachKotlikoffDemographicsAndSaving, - author = {Auerbach, Alan J. and Cai, Jinyong and - Kotlikoff, Laurence J.}, - journal = {Carnegie--Rochester Conference Series on Public - Policy}, - month = {January}, - number = {1}, - pages = {135--156}, - title = {{U.S. Demographics and Saving: Predictions of Three - Saving Models}}, - volume = {34}, - year = {1991}, -} - -@article{curtisEtAl, - author = {Chadwick C. Curtis and Steven Lugauer and - Nelson C. Mark}, - journal = {American Economic Journal: Macroeconomics}, - month = {April}, - number = {2}, - pages = {58--94}, - title = {Demographic Patterns and Household Saving in China}, - volume = {7}, - year = {2015}, -} - -@article{imrohroglu_China, - author = {Imrohoroglu, Ayse and Zhao, Kai}, - journal = {Journal of Monetary Economics}, - number = {C}, - pages = {33--52}, - title = {The Chinese Saving Rate: Long-Term Care Risks, Family - Insurance, and Demographics}, - volume = {96}, - year = {2018}, -} - -@article{bloomEtAl_JME07, - author = {Bloom, David E. and Canning, David and - Mansfield, Richard K. and Moore, Michael}, - journal = {Journal of Monetary Economics}, - pages = {92--114}, - title = {Demographic Change, Social Security Systems and - Savings}, - volume = {54}, - year = {2007}, -} - -@techreport{bosworthChodorowReich07, - author = {Barry Bosworth and Gabriel Chodorow--Reich}, - institution = {Center for Retirement Research, Boston College}, - number = {2}, - type = {working paper}, - title = {Saving and Demographic Change: The Global Dimension}, - year = {2007}, -} - -@incollection{elmendorfMankiw, - author = {Elmendorf, Douglas and Mankiw, N. Gregory}, - booktitle = {Handbook of Macroeconomics}, - chapter = {25}, - edition = {1}, - editor = {Taylor, J. B. and Woodford, M.}, - pages = {1615--1669}, - publisher = {Elsevier}, - title = {Government Debt}, - volume = {1, Part C}, - year = {1999}, -} - -@ARTICLE{kmitchSaving, - author = {Janet H. Kmitch}, - title = {Alternative Measures of Personal Saving}, - journal = {Survey of Current Business}, - year = 2010, - volume = 90, - pages = {10--13}, - month = {October} -} - -@article{prSaving, - author = {Perozek, Maria G. and Marshall B. Reinsdorf}, - journal = {Survey of Current Business 82}, - month = {April}, - pages = {13--24}, - title = {Alternative Measures of Personal Saving}, - year = {2002}, -} - -@article{cam87, - author = {Campbell, John Y.}, - journal = {Econometrica}, - pages = {1249--1273}, - title = {Does Saving Anticipate Declining Labor Income? An - Alternative Test of the Permanent Income Hypothesis}, - volume = {55}, - year = {1987}, -} - -@book{slpMethods, - author = {Stokey, Nancy L. and Lucas, Robert E. and - Edward C. Prescott}, - publisher = {Harvard University Press}, - title = {Recursive Methods in Economic Dynamics}, - year = {1989}, -} - -@ARTICLE{mnUnique, - author = {Janusz Matkowski and Andrzej S. Nowak}, - title = {On Discounted Dynamic Programming With Unbounded - Returns}, - journal = {Economic Theory}, - year = 2011, - volume = 46, - pages = {455--474} -} - -@article{zeldesStochastic, - author = {Zeldes, Stephen P.}, - journal = {Quarterly Journal of Economics}, - month = {May}, - number = {2}, - pages = {275--298}, - title = {Optimal Consumption with Stochastic Income: - {D}eviations from Certainty Equivalence}, - volume = {104}, - year = {1989}, -} - -@ARTICLE{szeidlInvariant, - author = {Szeidl, Adam}, - title = {Stable Invariant Distribution in Buffer-Stock Saving - and Stochastic Growth Models}, - journal = {Manuscript, Central European University}, - year = 2012, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/szeidlInvariant.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/szeidlInvariant.pdf:PDF} -} - -@article{mstCapIncFluct, - author = {Ma, Qingyin and Stachurski, John and - Toda, Alexis Akira}, - journal = {arXiv preprint arXiv:1812.01320}, - title = {The Income Fluctuation Problem with Capital Income - Risk: Optimality and Stability}, - year = {2018}, - url = {https://arxiv.org/abs/1812.01320}, -} - -@article{benhabibWealth, - author = {Benhabib, Jess and Bisin, Alberto and Zhu, Shenghao}, - journal = {Journal of Economic Theory}, - note = {Available at - \url{https://www.nber.org/papers/w20157.pdf}}, - pages = {489--515}, - publisher = {Elsevier}, - title = {The wealth distribution in Bewley economies with - capital income risk}, - volume = {159}, - year = {2015}, - url = {https://www.sciencedirect.com/science/article/pii/ - S0022053115001362}, -} - -@article{rabaultBorrowing, - author = {Rabault, Guillaume}, - journal = {Journal of Economic Dynamics and Control}, - number = {2}, - pages = {217--245}, - publisher = {Elsevier}, - title = {When do borrowing constraints bind? Some new results - on the income fluctuation problem}, - volume = {26}, - year = {2002}, -} - -@article{lsIncFluct, - author = {Li, Huiyu and Stachurski, John}, - journal = {Journal of Economic Dynamics and Control}, - pages = {353--365}, - publisher = {Elsevier}, - title = {Solving the income fluctuation problem with unbounded - rewards}, - volume = {45}, - year = {2014}, -} - -@article{scheinkman&weiss:borrowing, - author = {Scheinkman, Jos\'e and Weiss, Laurence}, - journal = {Econometrica}, - number = {1}, - pages = {23--46}, - title = {Borrowing Constraints and Aggregate Economic - Activity}, - volume = {54}, - year = {1986}, -} - -@article{asHomogeneous, - author = {Alvarez, Fernando and Stokey, Nancy L}, - journal = {Journal of economic theory}, - number = {1}, - pages = {167--189}, - publisher = {Elsevier}, - title = {Dynamic programming with homogeneous functions}, - volume = {82}, - year = {1998}, -} - -@article{rrExistence, - author = {Rinc{\'o}n-Zapatero, Juan Pablo and - Rodr{\'\i}guez-Palmero, Carlos}, - journal = {Econometrica}, - number = {5}, - pages = {1519--1555}, - publisher = {Wiley Online Library}, - title = {Existence and uniqueness of solutions to the Bellman - equation in the unbounded case}, - volume = {71}, - year = {2003}, -} - -@article{mvExistence, - author = {Martins-da-Rocha, V Filipe and Vailakis, Yiannis}, - journal = {Econometrica}, - number = {3}, - pages = {1127--1141}, - publisher = {Wiley Online Library}, - title = {Existence and uniqueness of a fixed point for local - contractions}, - volume = {78}, - year = {2010}, -} - -@article{yaoNote, - author = {Jiaxiong Yao}, - journal = {Manuscript, Johns Hopkins University}, - title = {The Theoretical Foundations of Buffer Stock Saving: A - Note}, - year = {2012}, -} - -@article{duranDiscounting, - author = {Dur{\'a}n, Jorge}, - journal = {Economic Theory}, - number = {2}, - pages = {395--413}, - publisher = {Springer}, - title = {Discounting long run average growth in stochastic - dynamic programs}, - volume = {22}, - year = {2003}, -} - - -@Article{jorgenson:ProductivityGrowthResurgence, - author={Dale W. Jorgenson and Mun S. Ho and Kevin J. Stiroh}, - title={A Retrospective Look at the U.S. Productivity Growth Resurgence}, - journal={Journal of Economic Perspectives}, - year=2008, - volume={22}, - number={1}, - pages={3--24}, - month={Winter}, - keywords={}, - doi={}, -} - - -@Article{fernald:disappointingRecovery, - author={John G. Fernald and Robert Hall and James Stock and Mark Watson}, - title={The Disappointing Recovery of Output after 2009}, - journal={Brookings Papers on Economic Activity}, - year=2017, - volume={Spring}, - keywords={}, - doi={}, -} - -% Update in /Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/economics.bib as well as here -@article{cAndCwithStickyE, - title = {Sticky Expectations and Consumption Dynamics}, - journal = {Forthcoming, American Economic Journal: Macroeconomics}, - year = {2020}, - month = {July}, - author = {Christopher D. Carroll and Edmund Crawley and Jiri Slacalek and Kiichi Tokuoka and Matthew N. White} - } - -@article{edge2007learning, - title={Learning and shifts in long-run productivity growth}, - author={Edge, Rochelle M and Laubach, Thomas and Williams, John C}, - journal={Journal of Monetary Economics}, - volume={54}, - number={8}, - pages={2421--2438}, - year={2007}, - publisher={Elsevier} -} - -@ARTICLE{fnHousingHabits, - author = {Flavin, Marjorie and Shinobu Nakagawa}, - title = {A Model of Housing in the Presence of Adjustment - Costs: A Structural Interpretation of Habit - Persistence}, - journal = {The American Economic Review}, - year = {2008}, - volume = {98}, - pages = {474--495}, - number = {1}, - note = {\\ \url{http://www.jstor.org/stable/29729980}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fnHousingHabits.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fnHousingHabits.pdf:PDF}, - publisher = {JSTOR}, - url = {http://www.jstor.org/stable/29729980} -} - -@techreport{fuhrer:IntrinsicPersistence, - author = {Jeffrey C. Fuhrer}, - institution = {Federal Reserve Bank of Boston}, - type = {Presentation at {NBER Summer Institute}}, - title = {Intrinsic Persistence in Expectations: Evidence from - Micro Data}, - year = {2017}, -} - - -@article{fuhrer:JME17, - author = {Jeffrey C. Fuhrer}, - journal = {Journal of Monetary Economics}, - month = {April}, - pages = {22--55}, - title = {Expectations as a Source of Macroeconomic - Persistence: Evidence from Survey Expectations in a - Dynamic Macro Model}, - volume = {86}, - year = {2017}, - doi = {}, -} - - - -@techreport{Kueng:Near-rationality, - title = {Explaining Consumption Excess Sensitivity with Near-Rationality: Evidence from Large Predetermined Payments}, - author = {Lorenz Kueng}, - institution = {National Bureau of Economic Research}, - type = {working paper}, - series = {working paper series}, - number = {21772}, - year = {2015}, - month = {December}, - doi = {10.3386/w21772}, -} - -@misc{kmpIncomeExpectations, - author = {Karahan, Fatih and Sean Mihaljevich and - Laura Pilossoph}, - howpublished = - {\href{http://libertystreeteconomics.newyorkfed.org/2017/11/understanding-permanent-and-temporary-income-shocks.html}{URL link retrieved on 03/02/2018 \texttt{here}.}}, - journal = {Liberty Street Economics}, - number = {November 08}, - type = {Blog}, - title = {Understanding Permanent and Temporary Income Shocks}, - year = {2017}, -} - -@article{kalmanFilter, - Author = {Kalman, Rudolph Emil}, - Title = {A New Approach to Linear Filtering and Prediction Problems}, - Journal = {Transactions of the ASME--Journal of Basic Engineering}, - Volume = {82}, - Number = {Series D}, - Pages = {35--45}, - Year = {1960} -} - -@Article{alvarezGuisoLippi:DurCons, - author={Fernando Alvarez and Luigi Guiso and Francesco Lippi}, - title={Durable Consumption and Asset Management with Transaction and Observation Costs}, - journal={American Economic Review}, - year=2012, - volume={102}, - number={5}, - pages={2272--2300}, - month={August}, - keywords={}, - doi={}, - url={https://ideas.repec.org/a/aea/aecrev/v102y2012i5p2272-2300.html} -} - - -@Article{gabaixSparsityQJE, - author={Xavier Gabaix}, - title={A Sparsity-Based Model of Bounded Rationality}, - journal={The Quarterly Journal of Economics}, - year={2014}, - volume={129}, - number={4}, - pages={1661--1710}, - url={https://ideas.repec.org/a/oup/qjecon/v129y2014i4p1661-1710.html} -} - - -@TechReport{hebertWoodford, - author={Benjamin H\'{e}bert and Michael Woodford}, - title={Rational Inattention and Sequential Information Sampling}, - year=2017, - month=Sep, - institution={National Bureau of Economic Research}, - type={NBER Working Papers}, - url={https://ideas.repec.org/p/nbr/nberwo/23787.html}, - number={23787}, -} - - -@Article{chettySzeidl:cCommitmentsEcta, - author={Raj Chetty and Adam Szeidl}, - title={Consumption Commitments and Habit Formation}, - journal={Econometrica}, - year=2016, - volume={84}, - number={}, - pages={855--890}, - month={03}, - url={https://ideas.repec.org/a/wly/emetrp/v84y2016ip855-890.html} -} - -@ARTICLE{css10_stickyCgrowth_restat, - author = {Christopher D. Carroll and Jiri Slacalek and Martin Sommer}, - title = {International Evidence on Sticky Consumption Growth}, - journal = {The Review of Economics and Statistics}, - year = {2011}, - volume = {93}, - number = {4}, - pages = {1135--1145}, - owner = {Jirka}, - timestamp = {2010.06.10} -} - - -@ARTICLE{som07, - author = {Martin Sommer}, - title = {Habit Formation and Aggregate Consumption Dynamics}, - journal = {Advances in Macroeconomics}, - year = {2007}, - volume = {7}, - pages = {Article 21}, - number = {1} -} - -@article{mackWiedREStud15, -author = {Ma\'{c}kowiak, Bartosz and Wiederholt, Mirko}, -title = {Business Cycle Dynamics under Rational Inattention}, -journal = {The Review of Economic Studies}, -volume = {82}, -number = {4}, -pages = {1502--1532}, -year = {2015}, -doi = {10.1093/restud/rdv027}, -URL = { + http://dx.doi.org/10.1093/restud/rdv027}, -eprint = {/oup/backfile/content_public/journal/restud/82/4/10.1093_restud_rdv027/2/rdv027.pdf} -} - -@Article{coibGor:AER15, - author={Olivier Coibion and Yuriy Gorodnichenko}, - title={{Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts}}, - journal={American Economic Review}, - year=2015, - volume={105}, - number={8}, - pages={2644--2678}, - month={August}, - keywords={}, - doi={}, -} - - - - -@article{msInertiaAER, - ISSN = {00028282}, - URL = {http://www.jstor.org/stable/30034632}, - author = {Stephen Morris and Hyun Song Shin}, - journal = {The American Economic Review}, - number = {2}, - pages = {152--157}, - publisher = {American Economic Association}, - title = {Inertia of Forward-Looking Expectations}, - volume = {96}, - year = {2006} -} - -@article{ganong2017effect, - title={The Effect of Debt on Default and Consumption: Evidence from Housing Policy in the Great Recession}, - author={Ganong, Peter and Noel, Pascal}, - journal={Unpublished Working Paper}, - year={2017}, - url={https://scholar.harvard.edu/files/ganong/files/ganong_noel_housing_draft_2016-11-09.pdf} -} - -@article{hkmoHousingMPC, - author = {Aaron Hedlund and Fatih Karahan, Kurt Mitman, Serdar Ozkan}, - title = {Monetary Policy, Heterogeneity, and the Housing Channel}, - year = {2017}, - journal = {RBNZ Conference on Heterogeneous Agents and Housing}, -} - -@article{druedahlNEGM, - url = {www.econ.ku.dk/druedahl/papers/2017_NEGM.pdf}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/druedahlNEGM.pdf}}, - title = {A Fast Nested Endogenous Grid Method for Solving General Consumption-Saving Models}, - author = {Druedahl, Jeppe}, - journal = {Manuscript, University of Copenhagen} -} - -@Article{JBES1982, - author={Perraudin, William R M and Sorensen, Bent E}, - title={{The Credit-Constrained Consumer: An Empirical Study of Demand and Supply in the Loan Market}}, - journal={Journal of Business and Economic Statistics}, - year=1992, - volume={10}, - number={2}, - pages={179-192}, - month={April}, - keywords={}, - doi={}, - abstract={No abstract is available for this item.}, - url={https://ideas.repec.org/a/bes/jnlbes/v10y1992i2p179-92.html} -} -@Article{JBES1996, - author={Ho, Mun S and Perraudin, William R M and Sorensen, Bent E}, - title={{A Continuous-Time Arbitrage-Pricing Model with Stochastic Volatility and Jumps}}, - journal={Journal of Business and Economic Statistics}, - year=1996, - volume={14}, - number={1}, - pages={31-43}, - month={January}, - keywords={}, - doi={}, - abstract={ The authors formulate and test a continuous time asset pricing model using U.S. equity market data. They assume that stock returns are driven by common factors including random jump-size Poisson processes and Brownian motions with stochastic volatility. The model places over-identifying restrictions on the mean returns allowing one to identify risk neutral probability distributions useful in pricing derivative securities. The authors test for the restrictions and decompose moments of the asset returns into the contributions made by different factors. Their econometric methods take full account of time aggregation.}, - url={https://ideas.repec.org/a/bes/jnlbes/v14y1996i1p31-43.html} -} -@Article{JECM2000, - author={Perraudin, William R. M. and Sorensen, Bent E.}, - title={{The demand for risky assets: Sample selection and household portfolios}}, - journal={Journal of Econometrics}, - year=2000, - volume={97}, - number={1}, - pages={117-144}, - month={July}, - keywords={}, - doi={}, - abstract={No abstract is available for this item.}, - url={https://ideas.repec.org/a/eee/econom/v97y2000i1p117-144.html} -} -@Article{JEcM1997, - author={Andersen, Torben G. and Sorensen, Bent E.}, - title={{GMM and QML asymptotic standard deviations in stochastic volatility models: Comments on Ruiz (1994)}}, - journal={Journal of Econometrics}, - year=1997, - volume={76}, - number={1-2}, - pages={397-403}, - month={}, - keywords={}, - doi={}, - abstract={No abstract is available for this item.}, - url={https://ideas.repec.org/a/eee/econom/v76y1997i1-2p397-403.html} -} -@Article{JIE1998, - author={Sorensen, Bent E. and Yosha, Oved}, - title={{International risk sharing and European monetary unification}}, - journal={Journal of International Economics}, - year=1998, - volume={45}, - number={2}, - pages={211-238}, - month={August}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/eee/inecon/v45y1998i2p211-238.html} -} -@Article{REStat1996, - author={Ho, Mun S and Sorensen, Bent E}, - title={{Finding Cointegration Rank in High Dimensional Systems Using the Johansen Test: An Illustration Using Data Based Monte Carlo Simulations}}, - journal={The Review of Economics and Statistics}, - year=1996, - volume={78}, - number={4}, - pages={726-732}, - month={November}, - keywords={}, - doi={}, - abstract={ The authors examine the ability of the Johansen (1991) test to estimate the number of unit roots in high dimensional systems. They use data based Monte Carlo methods as a simple means of evaluating the validity of inference using asymptotic critical values. These simulations for a typical annual post-World War II dataset illustrate how the estimated number of unit roots change in a nonmonotone fashion with the dimension of the system, and with the number of lags in the VAR representation. The authors find that overparametrization in high dimensions is as bad as underparametrization. The Bayes information criteria outperforms the Akaike information criteria in their setup. Copyright 1996 by MIT Press.}, - url={https://ideas.repec.org/a/tpr/restat/v78y1996i4p726-32.html} -} - -@Article{asGMM, - author={Andersen, Torben G and Sorensen, Bent E}, - title={{GMM Estimation of a Stochastic Volatility Model: A Monte Carlo Study}}, - journal={Journal of Business and Economic Statistics}, - year=1996, - volume={14}, - number={3}, - pages={328-352}, - month={July}, - keywords={}, - doi={}, - abstract={ The authors examine alternative generalized method of moments procedures for estimation of a lognormal stochastic autoregressive volatility model by Monte Carlo methods. They document the existence of a trade-off between the number of moments, or information, included in estimation and the quality, or precision, of the objective function used for estimation. Furthermore, an approximation to the optimal weighting matrix is utilized to explore the impact of the weighting matrix for estimation, specification testing, and inference procedures. The results provide guidelines that help achieve desirable small sample properties in settings characterized by strong conditional heteroskedasticity and correlation among the moments.}, - url={https://ideas.repec.org/a/bes/jnlbes/v14y1996i3p328-52.html} -} -@Article{EJ1998, - author={Albaek, Karsten and Sorensen, Bent E}, - title={{Worker Flows and Job Flows in Danish Manufacturing, 1980-91}}, - journal={Economic Journal}, - year=1998, - volume={108}, - number={451}, - pages={1750-1771}, - month={November}, - keywords={}, - doi={}, - abstract={ The authors map turnover of workers and jobs in Danish manufacturing over the 1980 to 1991 period, using information about all individual manufacturing plants. They examine the relation between worker flows and job flows and the authors study separations from, and hires to, existing jobs (replacement hiring) in detail. Their results reveal large heterogeneity among workers as well as plants, even adjusting for the level of job flows. The cyclical properties of worker reallocation point to worker-flow dynamics being driven by workers quitting in upturns to find better jobs, rather than by plants upgrading the labor force in recessions.}, - url={https://ideas.repec.org/a/ecj/econjl/v108y1998i451p1750-71.html} -} -@Article{RePEc:eee:eecrev:v:45:y:2001:i:7:p:1271-1310, - author={Sorensen, Bent E. and Wu, Lisa and Yosha, Oved}, - title={{Output fluctuations and fiscal policy: U.S. state and local governments 1978-1994}}, - journal={European Economic Review}, - year=2001, - volume={45}, - number={7}, - pages={1271-1310}, - month={}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/eee/eecrev/v45y2001i7p1271-1310.html} -} -@Article{JEcM1999, - author={Andersen, Torben G. and Chung, Hyung-Jin and Sorensen, Bent E.}, - title={{Efficient method of moments estimation of a stochastic volatility model: A Monte Carlo study}}, - journal={Journal of Econometrics}, - year=1999, - volume={91}, - number={1}, - pages={61-87}, - month={July}, - keywords={}, - doi={}, - abstract={No abstract is available for this item.}, - url={https://ideas.repec.org/a/eee/econom/v91y1999i1p61-87.html} -} - -@Article{JIMF2007, - author={Sorensen, Bent E. and Wu, Yi-Tsung and Yosha, Oved and Zhu, Yu}, - title={{Home bias and international risk sharing: Twin puzzles separated at birth}}, - journal={Journal of International Money and Finance}, - year=2007, - volume={26}, - number={4}, - pages={587-605}, - month={June}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/eee/jimfin/v26y2007i4p587-605.html} -} -@Article{JPE2002, - author={Charlotte Ostergaard and Bent E. S{\o}rensen and Oved Yosha}, - title={{Consumption and Aggregate Constraints: Evidence from U.S. States and Canadian Provinces}}, - journal={Journal of Political Economy}, - year=2002, - volume={110}, - number={3}, - pages={634-645}, - month={June}, - keywords={}, - doi={}, - abstract={State-level consumption exhibits excess sensitivity to lagged income to the same extent as U.S. aggregate data, but state-specific (idiosyncratic) consumption exhibits substantially less sensitivity to lagged state-specific incomea result that also holds for Canadian provinces. We propose the following interpretation: borrowing and lending in response to changes in consumer demand are easier for individual U.S. states than for the United States as a whole, and therefore, the measured deviation from the benchmark permanent income hypothesis model is smaller. However, lagged state-specific variables help predict state-specific consumption, suggesting that the PIH model still requires qualification.}, - url={https://ideas.repec.org/a/ucp/jpolec/v110y2002i3p634-645.html} -} -@Article{RePEc:aeq:aeqaeq:v53_y2007_i1_q1_p3-17, - author={Bent E. Sørensen and Oved Yosha}, - title={{Producer Prices versus Consumer Prices in the Measurement of Risk Sharing}}, - journal={Applied Economics Quarterly (formerly: Konjunkturpolitik)}, - year=2007, - volume={53}, - number={1}, - pages={3-17}, - month={}, - keywords={Inter-regional insurance; U.S.\ states; Consumption smoothing; Volume of output; Price indices}, - doi={}, - abstract={In empirical research on the measurement of macroeconomic risk sharing there is no agreement on how Gross Domestic Product (GDP), or the corresponding series for regions, should be deflated. We present a stylized theoretical model that illustrates why the appropriate method for deflating nominal GDP (for the purpose of measuring risk sharing) is with a CPI deflator, not with a GDP deflator. We further explain that CPI deflated GDP (the ``consumption value'' of output) and GDP deflated with a GDP deflator (the volume of output) do represent the same underlying economic series up to measurement error. We illustrate the results estimating the amount of risk shared within subgroups of U.S. states.}, - url={https://ideas.repec.org/a/aeq/aeqaeq/v53_y2007_i1_q1_p3-17.html} -} -@Article{EconometricTheory1994, - author={Nabeya, Seiji and S{\o}rensen, Bent E.}, - title={{Asymptotic Distributions of the Least-Squares Estimators and Test Statistics in the Near Unit Root Model with Non-Zero Initial Value and Local Drift and Trend}}, - journal={Econometric Theory}, - year=1994, - volume={10}, - number={05}, - pages={937-966}, - month={December}, - keywords={}, - doi={}, - abstract={This paper considers the distribution of the Dickey-Fuller test in a model with non-zero initial value and drift and trend. We show how stochastic integral representations for the limiting distribution can be derived either from the local to unity approach with local drift and trend or from the continuous record asymptotic results of Sørensen [29]. We also show how the stochastic integral representations can be utilized as the basis for finding the corresponding characteristic functions via the Fredholm approach of Nabeya and Tanaka [16,17], This “link” between those two approaches may be of general interest. We further tabulate the asymptotic distribution by inverting the characteristic function. Using the same methods, we also find the characteristic function for the asymptotic distribution for the Schmidt-Phillips [26] unit root test. Our results show very clearly the dependence of the various tests on the initial value of the time series.}, - url={https://ideas.repec.org/a/cup/etheor/v10y1994i05p937-966_00.html} -} -@Article{REStat2010, - author={Sebnem Kalemli-Ozcan and Ariell Reshef and Bent E S{\o}rensen and Oved Yosha}, - title={{Why Does Capital Flow to Rich States?}}, - journal={The Review of Economics and Statistics}, - year=2010, - volume={92}, - number={4}, - pages={769-783}, - month={November}, - keywords={}, - doi={}, - abstract={ The magnitude and the direction of net international capital flows do not fit neoclassical models. The fifty U.S. states comprise an integrated capital market with very low barriers to capital flows, which makes them an ideal testing ground for neoclassical models. We develop a simple frictionless open economy model with perfectly diversified ownership of capital and find that capital flows among the states are consistent with the model. Therefore, the small size and \"wrong\" direction of net international capital flows are likely due to frictions associated with national borders, not to inherent flaws in the neoclassical model. (c) 2010 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.}, - url={https://ideas.repec.org/a/tpr/restat/v92y2010i4p769-783.html} -} -@Article{EconometricTheory1992, - author={S{\o}rensen, Bent E.}, - title={{Continuous Record Asymptotics in Systems of Stochastic Differential Equations}}, - journal={Econometric Theory}, - year=1992, - volume={8}, - number={01}, - pages={28-51}, - month={March}, - keywords={}, - doi={}, - abstract={This paper considers estimation based on a set of T + 1 discrete observations, y (0), y ( h ), y (2 h ),…, y ( Th ) = y ( N ), where h is the sampling frequency and N is the span of the data. In contrast to the standard approach of driving N to infinity for a fixed sampling frequency, the current paper follows Phillips [35,36] and Perron [29] and examines the “dual” asymptotics implied by letting h tend to zero while the span N remains fixed.}, - url={https://ideas.repec.org/a/cup/etheor/v8y1992i01p28-51_01.html} -} -@Article{JME2010, - author={Hryshko, Dmytro and José Luengo-Prado, María and S{\o}rensen, Bent E.}, - title={{House prices and risk sharing}}, - journal={Journal of Monetary Economics}, - year=2010, - volume={57}, - number={8}, - pages={975-987}, - month={November}, - keywords={}, - doi={}, - abstract={Homeowners in the Panel Study of Income Dynamics are able to maintain a high level of consumption following job loss (or disability) in periods of rising local house prices while the consumption drop for homeowners who lose their job in times of lower house prices is substantial. These results are consistent with homeowners being able to access wealth gains when housing appreciates as witnessed by their ability to smooth consumption more than renters. A calibrated model of endogenous homeownership and consumption is able to reproduce the patterns in the data quite well and provides an interpretation of the empirical results.}, - url={https://ideas.repec.org/a/eee/moneco/v57y2010i8p975-987.html} -} -@Article{QE2011, - author={Dmytro Hryshko and María José Luengo-Prado and Bent E. Sørensen}, - title={{Childhood determinants of risk aversion: The long shadow of compulsory education}}, - journal={Quantitative Economics}, - year=2011, - volume={2}, - number={1}, - pages={37-72}, - month={03}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/ecm/quante/v2y2011i1p37-72.html} -} -@Article{BEJournal2012, - author={Hryshko Dmytro and Luengo-Prado Maria and Sorensen Bent E.}, - title={{The Effect of Education on Equity Holdings}}, - journal={The B.E. Journal of Economic Analysis and Policy}, - year=2012, - volume={12}, - number={1}, - pages={1-41}, - month={March}, - keywords={}, - doi={}, - abstract={We study the effect of education on equity ownership in the form of stocks or mutual funds (outside of retirement accounts). We find a causal effect of education on stockholding using the number of colleges in the county where the respondent grew up as an instrument and data from the Panel Study of Income Dynamics. The effect is particularly strong for whites from non-privileged backgrounds. We explore the channels through which education affects equity holdings using the Wisconsin Longitudinal Survey and find that, controlling for family fixed effects, increased cognition and features associated with having a white collar job appear to be the main channels.}, - url={https://ideas.repec.org/a/bpj/bejeap/v12y2012i1n10.html} -} -@Article{Canadian2012, - author={Faruk Balli and Sebnem Kalemli-Ozcan and Bent E. Sorensen}, - title={{Risk sharing through capital gains}}, - journal={Canadian Journal of Economics}, - year=2012, - volume={45}, - number={2}, - pages={472-492}, - month={May}, - keywords={}, - doi={}, - abstract={We estimate channels of international risk sharing between European Monetary Union (EMU), European Union, and other OECD countries, 1992-2007. We focus on risk sharing through savings, factor income flows, and capital gains. Risk sharing through factor income and capital gains was close to zero before 1999 but has increased since then. Risk sharing from capital gains, at about 6\%, is higher than risk sharing from factor income flows for European Union countries and OECD countries. Risk sharing from factor income flows is higher for euro zone countries, at 14\%, reflecting increased international asset and liability holdings in the euro area.}, - url={https://ideas.repec.org/a/cje/issued/v45y2012i2p472-492.html} -} -@Article{JIE2012, - author={Kalemli-Ozcan, Sebnem and Sorensen, Bent and Yesiltas, Sevcan}, - title={{Leverage across firms, banks, and countries}}, - journal={Journal of International Economics}, - year=2012, - volume={88}, - number={2}, - pages={284-298}, - month={}, - keywords={Leverage; Crisis; International; Banks; Firms}, - doi={10.1016/j.jinteco.2012.03}, - abstract={We present new stylized facts on bank and firm leverage during the period 2000–2009 using internationally comparable micro level data from many countries. We document the following patterns: a) there was an increase in leverage for investment banks prior to the sub-prime crisis; b) there was no visible increase in leverage for the typical commercial bank and non-financial firm; c) off-balance-sheet items constitute a big fraction of assets, especially for large commercial banks in the US, whereas investment banks do not report these items; d) the leverage ratio is procyclical for investment banks and for large commercial banks in the US; e) banks in emerging markets with tighter bank regulation and stronger investor protection experienced significantly less deleveraging during the crisis. The results suggest that excessive risk taking before the crisis was not easily detectable because the risk involved the quality rather than the quantity of assets.}, - url={https://ideas.repec.org/a/eee/inecon/v88y2012i2p284-298.html} -} -@Article{AER2003, - author={Sebnem Kalemli-Ozcan and Bent E. Sørensen and Oved Yosha}, - title={{Risk Sharing and Industrial Specialization: Regional and International Evidence}}, - journal={American Economic Review}, - year=2003, - volume={93}, - number={3}, - pages={903-918}, - month={June}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/aea/aecrev/v93y2003i3p903-918.html} -} -@Article{SocialIndicators2012, - author={Cahit Guven and Bent Sørensen}, - title={{Subjective Well-Being: Keeping Up with the Perception of the Joneses}}, - journal={Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement}, - year=2012, - volume={109}, - number={3}, - pages={439-469}, - month={December}, - keywords={Happiness; Social comparison; Status; Perceptions; D14; D63; I31}, - doi={10.1007/s11205-011-9910-x}, - abstract={Using data from the US General Social Survey 1972–2004, we study the role of perceptions and status in self-reported happiness. Reference group income negatively relates to own happiness and high perceptions about own relative income, quality of dwelling, and social class relate positively and very significantly to happiness. Perceptions about income and status matter more for females, and for low income, conservative, more social, and less trusting individuals. Dwelling perceptions matter more for males, and for middle income, married, conservative, more social, and less trusting individuals. Copyright Springer Science+Business Media B.V. 2012}, - url={https://ideas.repec.org/a/spr/soinre/v109y2012i3p439-469.html} -} -@Article{EmpiricalEcon2013, - author={Hatice Balli and Bent S{\o}rensen}, - title={{Interaction effects in econometrics}}, - journal={Empirical Economics}, - year=2013, - volume={45}, - number={1}, - pages={583-603}, - month={August}, - keywords={Non-linear regression; Interaction terms; C12; C13}, - doi={10.1007/s00181-012-0604-2}, - abstract={We provide practical advice for applied economists regarding robust specification and interpretation of linear regression models with interaction terms. We replicate a number of prominently published results using interaction effects and examine if they are robust to reasonable specification permutations. Copyright Springer-Verlag 2013}, - url={https://ideas.repec.org/a/spr/empeco/v45y2013i1p583-603.html} -} - -@Article{Scandinavian2014, - author={Sebnem Kalemli-Ozcan and Emiliano Luttini and Bent Sorensen}, - title={{Debt Crises and Risk-Sharing: The Role of Markets versus Sovereigns}}, - journal={Scandinavian Journal of Economics}, - year=2014, - volume={116}, - number={1}, - pages={253-276}, - month={01}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/bla/scandj/v116y2014i1p253-276.html} -} -@Article{JEEA2014, - author={Sebnem Kalemli-Ozcan and Bent Sorensen and Vadym Volosovych}, - title={{Deep Financial Integration And Volatility}}, - journal={Journal of the European Economic Association}, - year=2014, - volume={12}, - number={6}, - pages={1558-1585}, - month={December}, - keywords={}, - doi={}, - abstract={ We investigate the relationship between foreign direct ownership of firms and firm- and region-level output volatility using a novel panel data set for European countries. We document a positive, highly robust, relationship between firm-level foreign ownership and volatility of value added. This relationship holds cross-sectionally and in panels with firm fixed effects where the relationship captures within-firm variation over time. Considering domestic firms with assets in foreign countries, we document that it is international diversification, rather than the nationality of the owner, that explains this positive correlation. Our results can also be found at the aggregate level, where we show that region-level volatility is correlated positively with foreign investment in the region. We show that this positive relation between aggregate volatility and foreign investment can be explained by the granularity of the firm size distribution and the fact that foreign ownership is concentrated among the largest firms.}, - url={https://ideas.repec.org/a/bla/jeurec/v12y2014i6p1558-1585.html} -} -@Article{QJE1996, - author={Pierfederico Asdrubali and Bent E. S{\o}rensen and Oved Yosha}, - title={{Channels of Interstate Risk Sharing: United States 1963–1990}}, - journal={The Quarterly Journal of Economics}, - year=1996, - volume={111}, - number={4}, - pages={1081-1110}, - month={}, - keywords={}, - doi={}, - abstract={We develop a framework for quantifying the amount of risk sharing among states in the United States, and construct data that allow us to decompose the cross-sectional variance in gross state product into several components which we refer to as levels of smoothing. We find that 39 percent of shocks to gross state product are smoothed by capital markets, 13 percent are smoothed by the federal government, and 23 percent are smoothed by credit markets. The remaining 25 percent are not smoothed. We also decompose the federal government smoothing into subcategories: taxes, transfers, and grants to states.}, - url={https://ideas.repec.org/a/oup/qjecon/v111y1996i4p1081-1110..html} -} -@Article{J-Urban2016, - author={Craig, Steven G. and Hemissi, Wided and Mukherjee, Satadru and S{\o}rensen, Bent E.}, - title={{How do politicians save? Buffer-stock management of unemployment insurance finance}}, - journal={Journal of Urban Economics}, - year=2016, - volume={93}, - number={C}, - pages={18-29}, - month={}, - keywords={Government savings; Unemployment insurance; Impatience; Prudence}, - doi={10.1016/j.jue.2016.02.002}, - abstract={We fit an empirical structural model of forward looking government savings behavior to data from the U.S. state Unemployment Insurance (UI) programs 1976–2008. States increase benefits or lower taxes when Unemployment Trust fund balances are high, consistent with a desired target level of savings. This can be explained by the representative state program behaving like a Carroll (1992) buffer-stock consumer who trades off a desire to expend savings (impatience) against the fear of running out of funds (risk aversion). We calibrate the model to the data and find that statistics from model simulations match similar statistics produced from the data for reasonable levels of risk aversion and impatience.}, - url={https://ideas.repec.org/a/eee/juecon/v93y2016icp18-29.html} -} -@Article{AEJ2017, - author={Yuliya Demyanyk and Dmytro Hryshko and María Jose Luengo-Prado and Bent E. S{\o}rensen}, - title={{Moving to a Job: The Role of Home Equity, Debt, and Access to Credit}}, - journal={American Economic Journal: Macroeconomics}, - year=2017, - volume={9}, - number={2}, - pages={149-181}, - month={April}, - keywords={}, - doi={}, - abstract={We use individual-level credit reports merged with loan-level mortgage data to estimate how home equity interacted with mobility in relatively weak and strong labor markets in the United States during the Great Recession. We construct a dynamic model of housing, consumption, employment, and relocation, which provides a structural interpretation of our empirical results and allows us to explore the role that foreclosure played in labor mobility. We find that negative home equity is not a significant barrier to job-related mobility because the benefits of accepting an out-of-area job outweigh the costs of moving. This pattern holds even if homeowners are not able to default on their mortgages.}, - url={https://ideas.repec.org/a/aea/aejmac/v9y2017i2p149-81.html} -} -@TechReport{ORBIS, - author={Sebnem Kalemli-Ozcan and Bent Sorensen and Carolina Villegas-Sanchez and Vadym Volosovych and Sevcan Yesiltas}, - title={{How to Construct Nationally Representative Firm Level data from the ORBIS Global Database}}, - year=2015, - month=Sep, - institution={National Bureau of Economic Research, Inc}, - type={NBER Working Papers}, - url={https://ideas.repec.org/p/nbr/nberwo/21558.html}, - number={21558}, - abstract={Firm-level data on productivity, financial activity and firms' international linkages have become essential for research in the fields of macro, international finance and growth. This paper describes the development of a firm-level global panel dataset for public and private companies based on the administrative micro-dataset ORBIS, provided commercially by Bureau van Dijk Electronic Publishing (BvD). The ORBIS database provides data on firms' financial and productive activities from balance sheets and income statements together with detailed information on firms' domestic and international ownership structure for over 130 million companies across the world. Researchers need to overcome several challenges before making the database usable for research. First, the database is not designed for large downloads that is essential for an econometric analysis. Second, there are several inherent biases in the database that affect the download process and lead to missing information. Third, the raw data may contain a number of irregularities which, if not dealt with, will result in data loss during a standard cleaning procedure. In combination, these issues cause minimal coverage of small firms, extensive missing data, and poor national representation. We give detailed instructions on the data gathering process from ORBIS in terms of downloading methodology and cleaning procedure so that a researcher can construct a database that is nationally representative with minimal missing information. We provide examples from several European countries to present the process and discuss the resulting dataset in detail.}, - keywords={}, - doi={}, -} -@book{NBEReich-4, - title = "NBER Macroeconomics Annual 2017, volume 32", - author = "Martin S. Eichenbaum and Jonathan Parker", - institution = "National Bureau of Economic Research", - type = "Book", - publisher = "University of Chicago Press", - year = "2017", - URL = "http://www.nber.org/books/eich-4", -} - -@article{lebaron2006agent, - title={Agent-based computational finance}, - author={LeBaron, Blake}, - journal={Handbook of computational economics}, - volume={2}, - pages={1187--1233}, - year={2006}, - publisher={Elsevier} -} - -@article{qiu2017limited, - title={Limited individual attention and online virality of low-quality information}, - author={Qiu, Xiaoyan and Oliveira, Diego FM and Shirazi, Alireza Sahami and Flammini, Alessandro and Menczer, Filippo}, - journal={Nature Human Behavior}, - volume={1}, - pages={0132}, - year={2017} -} - -@article{epstein2009modelling, - title={Modelling to contain pandemics}, - author={Epstein, Joshua M}, - journal={Nature}, - volume={460}, - number={7256}, - pages={687--687}, - year={2009}, - publisher={Nature Publishing Group} -} -@article{gafhcghpyGetting, - title={Getting at systemic risk via an agent-based model of the housing market}, - author={Geanakoplos, John and Axtell, Robert and Farmer, Doyne J and Howitt, Peter and Conlee, Benjamin and Goldstein, Jonathan and Hendrey, Matthew and Palmer, Nathan M and Yang, Chun-Yi}, - journal={The American Economic Review}, - volume={102}, - number={3}, - pages={53--58}, - year={2012}, - publisher={American Economic Association} -} - -@article{bfhltuMacroprudential, - title={Macroprudential policy in an agent-based model of the UK housing market}, - author={Baptista, Rafa and Farmer, J Doyne and Hinterschweiger, Marc and Low, Katie and Tang, Daniel and Uluc, Arzu}, - journal={Bank of England Staff Working Paper No. 619: Macroprudential policy in an agent-based model of the UK housing market - Rafa Baptista, J Doyne Farmer, Marc Hinterschweiger, Katie Low, Daniel Tang and Arzu Uluc}, - year={2016} -} - -@article{bdksLeverage, - title={House Price Beliefs and Mortgage Leverage Choice}, - author={Bailey, Michael C and D{\'a}vila, Eduardo and Kuchler, Theresa and Stroebel, Johannes}, - journal={Manuscript}, - year={2017} -} - -@article{reiterSolving, - title = {Solving heterogeneous-agent models by projection and perturbation}, - volume = {33}, - number = {3}, - journal = {Journal of Economic Dynamics and Control}, - author = {Reiter, Michael}, - month = mar, - year = {2009}, - pages = {649--665}, - url = {https://www.sciencedirect.com/science/article/pii/S0165188908001528}, - note = {\href{https://www.sciencedirect.com/science/article/pii/S0165188908001528}{https://www.sciencedirect.com/science/article/pii/S0165188908001528}} -} - -@techreport{reiterApproximate, - title = {Approximate and {Almost}-{Exact} {Aggregation} in {Dynamic} {Stochastic} {Heterogeneous}-{Agent} {Models}}, - number = {258}, - institution = {Institute for Advanced Studies}, - author = {Reiter, Michael}, - month = oct, - year = {2010}, -} - - -@article{summersWolf2, - author = {Summers, Lawrence H.}, - journal = {Financial Times interview}, - note = {\url{http://larrysummers.com/commentary/speeches/brenton-woods-speech/}}, - title = {Larry Summers and Martin Wolf on New Economic - Thinking}, - year = {2011}, - url = {http://larrysummers.com/commentary/speeches/brenton-woods-speech/}, -} - -@article{akerlofMMM, - author = {Akerlof, George A.}, - journal = {American Economic Review}, - note = {\url{https://www.aeaweb.org/articles?id=10.1257/aer.97.1.5}}, - number = {1}, - pages = {5--36}, - title = {The Missing Motivation in Macroeconomics}, - volume = {97}, - year = {2007}, - url = {https://www.aeaweb.org/articles?id=10.1257/aer.97.1.5}, -} - -@article{shillerTeach, - author = {Shiller, Robert J.}, - journal = {Journal of Economic Education}, - number = {4}, - pages = {403--09}, - title = {How Should the Financial Crisis Change How We Teach Economics?}, - volume = {41}, - year = {2010}, -} - -@article{stock_confidence_1991, - title = {Confidence intervals for the largest autoregressive root in {U}.{S}. macroeconomic time series}, - volume = {28}, - url = {http://econpapers.repec.org/article/eeemoneco/v_3a28_3ay_3a1991_3ai_3a3_3ap_3a435-459.htm}, - number = {3}, - journal = {Journal of Monetary Economics}, - author = {Stock, James}, - year = {1991}, - pages = {435--459}, -} - -@article{tokuoka2013saving, - title={Saving response to unemployment of a sibling}, - author={Tokuoka, Kiichi}, - journal={Journal of Economic Behavior and Organization}, - volume={89}, - pages={58--75}, - year={2013}, - publisher={Elsevier} -} - - -@techreport{fhnMPC, - author = {Andreas Fagereng and Martin B. Holm and - Gisle J. Natvik}, - type = {discussion paper}, - institution = {Statistics Norway}, - title = {MPC Heterogeneity and Household Balance Sheets}, - volume = {852}, - year = {2017}, -} - -@article{lmpPermShocks, - title={Wage risk and employment risk over the life cycle}, - author={Low, Hamish and Meghir, Costas and Pistaferri, Luigi}, - journal={The American economic review}, - volume={100}, - number={4}, - pages={1432--1467}, - year={2010}, - publisher={American Economic Association} -} - -@techreport{gkosData, - title={What do data on millions of US workers reveal about life-cycle earnings risk?}, - author={Guvenen, Fatih and Karahan, Fatih and Ozkan, Serdar and Song, Jae}, - year={2015}, - institution={National Bureau of Economic Research} -} - -@article{bsDigustibus, - title={De gustibus non est disputandum}, - author={Stigler, George J and Becker, Gary S}, - journal={The American Economic Review}, - volume={67}, - number={2}, - pages={76--90}, - year={1977}, - publisher={JSTOR} -} - -@techreport{blanchardDSGE, - title={Do DSGE Models Have a Future?}, - author={Blanchard, Olivier}, - year={2016}, - note={Available at \href{https://piie.com/system/files/documents/pb16-11.pdf}{https://piie.com/system/files/documents/pb16-11.pdf}}, - url={https://piie.com/system/files/documents/pb16-11.pdf}, - institution={Petersen Institute for International Economics} -} - -@techreport{haldaneDappled, - title={The Dappled World}, - author={Haldane, Andy}, - year={2016}, - note={Available at \href{http://www.bankofengland.co.uk/publications/Pages/speeches/2016/937.aspx}{http://www.bankofengland.co.uk/publications/Pages/speeches/2016/937.aspx}}, - url={http://www.bankofengland.co.uk/publications/Pages/speeches/2016/937.aspx}, - journal={Speech Given at GLS Shackle Biennial Memorial Lecture}, - institution={Bank of England}, - month={November} -} - - -@article{auclertMPC, - title={Monetary policy and the redistribution channel}, - author={Auclert, Adrien}, - journal={Unpublished manuscript}, - year={2015} -} - -@misc{yellenHetero, - url={https://www.federalreserve.gov/newsevents/speech/yellen20161014a.htm}, - note={Available at \href{https://www.federalreserve.gov/newsevents/speech/yellen20161014a.htm}{https://www.federalreserve.gov/newsevents/speech/yellen20161014a.htm}}, - author = {Yellen, Janet}, - journal = {At \emph{The Elusive `Great' Recovery: Causes and Implications for Future Business Cycle Dynamics} 60th annual economic conference sponsored by the Federal Reserve Bank of Boston, Boston, Massachusetts}, - title = {Macroeconomic Research After the Crisis}, - year={2016}, - month={October}, - day={16} -} - -October 14, 2016 - - -Chair Janet L. Yellen - -At "The Elusive 'Great' Recovery: Causes and Implications for Future Business Cycle Dynamics" 60th annual economic conference sponsored by the Federal Reserve Bank of Boston, Boston, Massachusetts - -@misc{coeureHetero, - author={Coeure, Benoit}, - title={The relevance of household-level data for monetary policy and financial stability analysis}, - url = {http://www.ecb.europa.eu/press/key/date/2013/html/sp131017.en.html}, - journal={Opening Remarks Delivered at ECB Conference on Household Finance and Consumption}, - year = {2013}, - month= {October}, - day = {17}, - notes = {Available at \href{http://www.ecb.europa.eu/press/key/date/2013/html/sp131017.en.html}{http://www.ecb.europa.eu/press/key/date/2013/html/sp131017.en.html}} -} - - -@ARTICLE{ElizabethWhy, - author = {Elizabeth, Queen~of~England}, - title = {The economic forecasters' failing vision}, - journal = {Financial Times}, - year = 2008, - note = {https://www.ft.com/content/50007754-ca35-11dd-93e5-000077b07658}, - date = {November 25, 2008}, - url = {https://www.ft.com/content/50007754-ca35-11dd-93e5-000077b07658} -} - -@techreport{akmwwInequality-Discuss, - author = {Christopher D. Carroll and Edmund Crawley}, - title = {Discussion of `When Inequality Matters for Macro and Macro Matters for Inequality'}, - year = {2017}, - journal = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - institution = {NBER}, - url = {https://www.econ2.jhu.edu/people/ccarroll/discuss/2017-04_NBER_Macro-Annual/akmwwInequality/} -} - -% Version for CV -@inbook{akmwwInequality-DiscussNew, - Crossref = "NBEReich-4", - title = {Comment on `When Inequality Matters for Macro and Macro Matters for Inequality'}, - author = {SeHyoun Ahn and Greg Kaplan and Benjamin Moll and Thomas Winberry and Christian Wolf}, - Publisher = "NBER Macroeconomics Annual 2017, volume 32, University of Chicago Press", - pages = "76-92", - year = "2017", - month = "July", - URL = "http://www.nber.org/chapters/c13928", -note = "Published Discussion" -} - -@inbook{NBERc13928, - Crossref = "NBEReich-4", - title = {Comment on "When Inequality Matters for Macro and Macro Matters for Inequality"}, - author = "Christopher D. Carroll and Edmund Crawley", - BookTitle = "NBER Macroeconomics Annual 2017, volume 32", - Publisher = "University of Chicago Press", - pages = "76-92", - year = "2017", - month = "July", - URL = "http://www.nber.org/chapters/c13928", -} -@book{NBEReich-4, - title = "NBER Macroeconomics Annual 2017, volume 32", - author = "Martin Eichenbaum and Jonathan A. Parker", - institution = "National Bureau of Economic Research", - type = "Book", - publisher = "University of Chicago Press", - year = "2018", - URL = "http://www.nber.org/books/eich-4", -} - -@article{akmwwInequality, - title = {When Inequality Matters for Macro and Macro Matters for Inequality}, - author = {SeHyoun Ahn and Greg Kaplan and Benjamin Moll and Thomas Winberry and Christian Wolf}, - journal = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 2017, - editor = {Jonathan Parker and Martin S. Eichenbaum, Organizers}, - volume = 32, - url = {http://www.princeton.edu/~moll/WIMM.pdf}, - address = {Cambridge, MA}, -} - - -@ARTICLE{infrastructureNYT, - author = {Jennifer Steinhauer}, - title = {Republicans Now Marching With Trump on Ideas They Had Opposed}, - journal = {New York Times}, - year = 2017, - month = {January}, - day = {27}, - note = {\url{https://www.nytimes.com/2017/01/26/us/politics/trump-republican-retreat.html}}, - url = {\url{https://www.nytimes.com/2017/01/26/us/politics/trump-republican-retreat.html}}, -} - -@techreport{amkstPuzzle, - title = "Late-in-Life Risks and the Under-Insurance Puzzle", - author = "John Ameriks and Joseph Briggs and Andrew Caplin and Matthew D. Shapiro and Christopher Tonetti", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "22726", - year = "2016", - month = "October", - doi = {10.3386/w22726}, - URL = "http://www.nber.org/papers/w22726", - abstract = {Individuals face significant late-in-life risks, including needing long-term care (LTC). Yet, they hold little long-term care insurance (LTCI). Using both “strategic survey questions,” which identify preferences, and stated demand questions, this paper investigates the degree to which a fundamental lack of interest and poor product features determine low LTCI holdings. It estimates a rich set of individual-level preferences and uses a life-cycle model to predict insurance demand, finding that better insurance would be far more widely held than are products in the market. Comparing stated and model-predicted demand shows that flaws in existing products provide a significant, but partial, explanation for this under-insurance puzzle.}, -} - -@article{fjFutureGrowth, -Author = {Fernald, John G. and Jones, Charles I.}, -Title = {The Future of US Economic Growth}, -Journal = {American Economic Review}, -Volume = {104}, -Number = {5}, -Year = {2014}, -Month = {May}, -Pages = {44-49}, -DOI = {10.1257/aer.104.5.44}, -URL = {http://www.aeaweb.org/articles?id=10.1257/aer.104.5.44}, -notes = {Available at {http://web.stanford.edu/~chadj/FernaldJones2014.pdf}} -} - -@techreport{kocherlakotaTrouble, - author = {Kocherlakota, Narayana}, - title = {Thoughts on `The Trouble With Macroeconomics'}, - url = {https://sites.google.com/site/kocherlakota009/home/research/9-15-16}, - note = {\url{https://sites.google.com/site/kocherlakota009/home/research/9-15-16}}, - month = {September}, - year = {2016}, - institution = {Kocherlakota Blog} -} - -@ARTICLE{caballeroPretense, - author = {Caballero, Ricardo J.}, - title = {Macroeconomics after the Crisis: Time to Deal with - the Pretense-of-Knowledge Syndrome}, - journal = {Journal of Economic Perspectives}, - year = 2010, - volume = 24, - pages = {85--102}, - number = 4, - note = {\url{http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.24.4.85}}, - doi = {10.1257/jep.24.4.85}, - url = {http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.24.4.85} -} - - -@techreport{romerTrouble, - author = {Romer, Paul}, - title = {The Trouble With Macroeconomics}, - url = {https://paulromer.net/wp-content/uploads/2016/09/WP-Trouble.pdf}, - year = {2016}, - month = {September}, - institution = {\url{http://paulromer.net}}, - note = {Available at \url{https://paulromer.net/wp-content/uploads/2016/09/WP-Trouble.pdf}}, -} - -@techreport{keynesMaster, - author = {Keynes, John Maynard}, - title = {The Collected Writings of John Maynard Keynes}, - volume = {X}, - year = {1972}, - publisher = {Royal Economic Society}, - url = {http://www.goodreads.com/quotes/798690-the-master-economist-must-possess-a-rare-combination-of-gifts}, - note = {\url{http://www.goodreads.com/quotes/798690-the-master-economist-must-possess-a-rare-combination-of-gifts}} -} - -@techreport{dkpQE, - title = "How Quantitative Easing Works: Evidence on the Refinancing Channel", - author = "Marco {Di Maggio} and Amir Kermani and Christopher Palmer", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "22638", - year = "2016", - month = "September", - doi = {10.3386/w22638}, - URL = "http://www.nber.org/papers/w22638", - abstract = {Despite massive large-scale asset purchases (LSAPs) by central banks around the world since the global financial crisis, there is a lack of empirical evidence on whether and how these programs affect the real economy. Using rich borrower-linked mortgage-market data, we document that there is a “flypaper effect” of LSAPs, where the transmission of unconventional monetary policy to interest rates and (more importantly) origination volumes depends crucially on the assets purchased and degree of segmentation in the market. For example, QE1, which involved significant purchases of GSE-guaranteed mortgages, increased GSE-eligible mortgage originations significantly more than the origination of GSE-ineligible mortgages. In contrast, QE2's focus on purchasing Treasuries did not have such differential effects. We find that the Fed's purchase of MBS (rather than exclusively Treasuries) during QE1 resulted in an additional \$600 billion of refinancing, substantially reduced interest payments for refinancing households, led to a boom in equity extraction, and increased refinancing mortgagors’ consumption by an additional \$76 billion. This de facto allocation of credit across mortgage market segments, combined with sharp bunching around GSE eligibility cutoffs, establishes an important complementarity between monetary policy and macroprudential housing policy. Our counterfactual simulations estimate that relaxing GSE eligibility requirements would have significantly increased refinancing activity in response to QE1, including a 20\% increase in equity extraction by households. Overall, our results imply that central banks could most effectively provide unconventional monetary stimulus by supporting the origination of debt that would not be originated otherwise.}, - } - -@article{grodzickiCCC, - title={The Evolution of Competition in the Credit Card Market}, - author={Grodzicki, Daniel}, - journal={The Pennsylvania State University}, - year={2015} - } - -@article{ausubelFailure, - title={The failure of competition in the credit card market}, - author={Ausubel, Lawrence M}, - journal={The American Economic Review}, - pages={50--81}, - year={1991}, - publisher={JSTOR} - } - -@article{pikettyCapital, - title={Capital in the twenty-first century}, - author={Piketty, Thomas}, - journal={Cambridge, MA, London}, - year={2014} - } - -@article{rognliePiketty, -author ={Rognlie, Matthew}, -title = {A Note on Piketty and Diminishing Returns to Capital}, -url = {http://www.mit.edu/~mrognlie/piketty_diminishing_returns.pdf}, -journal = {Under revision, Brookings Papers on Economic Activity}, -year = {2014}, -} - -@article{Piketty_Saez2003, - author = {Thomas Piketty and Emmanuel Saez}, - journal = {Quarterly Journal of Economics}, - number = {1}, - pages = {1--39}, - title = {Income Inequality in the United States, 1913--1998}, - volume = {118}, - year = {2003}, -} - - -@TECHREPORT{fgmpReturns, -title = {Heterogeneity in Returns to Wealth and the Measurement of Wealth Inequality}, -author = {Fagereng, Andreas and Luigi Guiso and Davide Malacrino and Luigi Pistaferri}, -year = 2016, -institution = {Einaudi Institute for Economics and Finance (EIEF)}, -type = {EIEF Working Papers Series}, -number = {16/1}, -url = {http://www.eief.it/files/2016/01/wp-01-heterogeneity-in-returns-to-wealth-and-the-measurement-of-wealth-inequality.pdf}, -note = {Available at \url{http://llorracc.net/cited/fgmpReturns}} -} - - -@techreport{ghosDespiteUzawa, - title = "Balanced Growth Despite Uzawa", - author = "Gene M. Grossman and Elhanan Helpman and Ezra Oberfield and Thomas Sampson", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "21861", - year = "2016", - month = "January", - doi = {10.3386/w21861}, - URL = "http://www.nber.org/papers/w21861", - abstract = {The evidence for the United States points to balanced growth despite falling investment-good prices and an elasticity of substitution between capital and labor less than one. This is inconsistent with the Uzawa Growth Theorem. We extend Uzawa's theorem to show that the introduction of human capital accumulation in the standard way does not resolve the puzzle. However, balanced growth is possible if schooling is endogenous and capital is more complementary with schooling than with raw labor. We describe balanced growth paths for a variety of neoclassical growth models with capital-augmenting technological progress and endogenous schooling. The balanced growth path in an overlapping-generations model in which individuals choose the duration of their education matches key features of the U.S. economic record.}, -} -@article{WhiteENDG, -author = "Matthew N. White", -title = "The Method of Endogenous Gridpoints in Theory and Practice", -year = "2015", -journal = "Journal of Economic Dynamics and Control", -volume = "60", -pages = "26-41", -url = {http://dx.doi.org/10.1016/j.jedc.2015.08.001}, -doi = {10.1016/j.jedc.2015.08.001}, -notePri = {http://llorracc.net/papers/WhiteENDG} -} - - -@TechReport{cpHetero, - Title = {The Heterogeneous-Agent Computational toolKit: An Extensible Framework for Solving and Estimating Heterogeneous-Agent Models}, - Author = {Carroll, Christopher D and Palmer, Nathan M}, - Institution = {Johns Hopkins University and Office of Financial Research}, - Journal = {Computing in Economics and Finance 2015, Taipei, Taiwan}, - Year = 2015, - Month = {June}, - url = {https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=CEF2015&paper_id=523}, - note = {Available at \url{https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=CEF2015&paper_id=523}}, - } - -@article{rodrikRules, - author= {Rodrik, Dani}, - title = {Economics Rules}, - url = {https://www.youtube.com/watch?feature=youtu.be&t=29m&v=Yxbcb7hxZP0&app=desktop}, - note = {Available at \href{https://www.youtube.com/watch?feature=youtu.be&t=29m&v=Yxbcb7hxZP0&app=desktop}{YouTube}}, - journal = {YouTube}, - year = {2015} -} - - - -@article{samuelson1937note, - title={A note on measurement of utility}, - author={Samuelson, Paul A}, - journal={The Review of Economic Studies}, - volume={4}, - number={2}, - pages={155--161}, - year={1937}, - publisher={JSTOR} - } - - -@article{samuelson1979we, - title={Why we should not make mean log of wealth big though years to act are long}, - author={Samuelson, Paul A}, - journal={Journal of Banking and Finance}, - volume={3}, - number={4}, - pages={305--307}, - year={1979}, - publisher={Elsevier}, - doi= {http://dx.doi.org/10.1016/0378-4266(79)90023-2} - } - -@article{BueraShin2009, - title={Productivity Growth and Capital Flows: The Dynamics of Reform}, - author={Buera, Francisco and Yongseok Shin}, - journal={NBER Working Paper 15268}, - year={2009} -} - -@article{Benhima2013, - title={A Reappraisal of the Allocation Puzzle through the Portfolio Approach}, - author={Benhima, Kenza}, - journal={Journal of international Economics}, - volume={89}, - number={2}, - pages={331--346}, - year={2013}, - publisher={Elsevier} -} - - -@article{BachettaBenhima2015, - title={The Demand for Liquid Assets, Corporate Saving and Global Imbalances}, - author={Bacchetta, Philippe and Kenza Benhima}, - journal={Journal of the European Economic Association}, - volume={forthcoming}, - year={2015} -} - -@misc{deatonStateCapacity, - author = {Angus Deaton}, - title = {Weak States, Poor Countries}, - journal = {Project Syndicate}, - year = {2013}, - url = {http://www.project-syndicate.org/commentary/economic-development-requires-effective-governments-by-angus-deaton}, - note = {Available at \texttt{\href{http://www.project-syndicate.org/commentary/economic-development-requires-effective-governments-by-angus-deaton}{Project Syndicate}}} - } - -@book{brynjolfsson2014second, - title={The second machine age: work, progress, and prosperity in a time of brilliant technologies}, - author={Brynjolfsson, Erik and McAfee, Andrew}, - year={2014}, - publisher={WW Norton \& Company} - } - - -@techreport{assMiddleClass, - title = "Loan Originations and Defaults in the Mortgage Crisis: The Role of the Middle Class", - author = "Manuel Adelino and Antoinette Schoar and Felipe Severino", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "20848", - year = "2015", - month = "January", - doi = {10.3386/w20848}, - URL = "http://www.nber.org/papers/w20848", - abstract = {We provide new facts on the debt dynamics leading up to the financial crisis of 2007. Earlier research suggests that distortions in the supply of mortgage credit, evidenced by a decoupling of credit flow from income growth, may have caused the rise in house prices and the subsequent housing market collapse. This paper shows that the increase in mortgage originations was shared across the whole distribution of borrowers, and that middle- and high-income borrowers made up the majority of originations even at the peak of the boom. Compared to prior years, middle- and high-income borrowers (not the poor), as well as those with medium and high credit scores, made up a much larger share of delinquencies in the crisis relative to earlier years. We show that the relation between individual mortgage size and income growth during the housing boom was always strongly positive, also in line with previous periods (and independent of how income is measured). These results are most consistent with an expectations based view of the financial crisis in which both homebuyers and lenders were buying into increasing housing values and defaulted once prices dropped. }, - } - -@TECHREPORT{aydinMPCLiq, -title = {The Marginal Propensity to Consume out of Liquidity}, -author = {Aydin, Deniz}, -year = {2015}, -institution = {Stanford Institute for Economic Policy Research}, -type = {Discussion Papers}, -number = {15-010}, -abstract = {This paper presents novel tests of competing models of intertemporal consumption behavior using unique European administrative panel data on income, spending and assets. I estimate the marginal propensity to consume (MPC) out of ‘liquidity’ -the debt response to a change in borrowing capacity- using changes in credit card limits in a randomized controlled trial implemented in September 2014 involving fifty-five thousand individuals. I obtain four empirical results: First, borrowing constraints change consumption dynamics even when they are not strictly binding. Two-thirds of the population accumulate a significant average of 20 cent of debt per dollar limit increase, relative to the control group. Second, the heterogeneity of the MPC is exclusively in line with precautionary models, a decreasing function of cash-on-hand. Third, the debt response to liquidity and credit card utilization are stationary. Fourth, additional liquidity is spent mostly on durables and services using installments, with a smaller fraction spent on non-durables and taken out as cash advances. I then use a workhorse Bewley model with realistic income risk and show that the joint dynamics of consumption, debt and the balance sheet in response to a change in borrowing constraints can be used to calibrate and test intertemporal models. Debt response to liquidity shocks identifies preference parameters via a simulated moments estimator. Hump-shaped debt response and mean-reverting credit card utilization are not consistent with myopia as the underlying preferences.}, -keywords = {consumption; debt; borrowing con- straints; precautionary saving; permanent income hypothesis; field experiment.}, -url = {http://EconPapers.repec.org/RePEc:sip:dpaper:15-010}, -notePri = {http://llorracc.net/aydinMPCLiq.pdf} -} - -@article{agarwalQuianSingaporeMPC, - author = {Sumit Agarwal and Wenlan Qian}, - journal = {American Economic Review}, - title = {Consumption and Debt Response to Unanticipated - Income Shocks: Evidence from a Natural Experiment in - Singapore}, - volume = 104, - number = 12, - year = 2014, - pages = {4205--4230}, -} - -@incollection{BrownLiebmanPollet, - editor = {Martin Feldstein and Jeffrey B. Liebman}, - author = {Jeffrey Brown and Jeffrey B. Liebman and Joshua - Pollett}, - publisher = {University of Chicago Press}, - booktitle = {The Distributional Aspects of Social Security and - Social Security Reform}, - title = {Estimating Life Tables That Reflect Socioeconomic - Differences in Mortality}, - year = 2002, - pages = {447--457}, -} - -@misc{SSLifeTables, - title = {Actuarial Life Table}, - author = {{Social Security Administration}}, - year = 2010, - note = {available at - \url{http://www.ssa.gov/oact/STATS/table4c6.html}}, -} - - -@inbook{WhyDoRichSaveNoURL, - author = {Christopher D. Carroll}, - editor = {Joel B. Slemrod}, - title = {Does Atlas Shrug? The Economic Consequences of - Taxing the Rich}, - year = 2000, - chapter = 14, - pages = {465--484} -} - - -@inproceedings{WhyDoRichSave, - author = {Christopher D. Carroll}, - booktitle = {Does Atlas Shrug? The Economic Consequences of Taxing the Rich}, - editor = {Joel B. Slemrod}, - publisher = {Harvard University Press}, - title = {Why Do the Rich Save So Much?}, - chapter = 14, - year = {2000}, - url = {https://www.econ2.jhu.edu/people/ccarroll/Why.pdf}, -} - -@article{ksHeteroPort, - author = {Krusell, Per and Smith, Anthony A.}, - journal = {Macroeconomic Dynamics}, - number = 2, - pages = {387--422}, - title = {Income and Wealth Heterogeneity, Portfolio Choice - and Equilibrium Asset Returns}, - volume = 1, - year = 1997, -} - -@Article{heathcote_fiscalPolicy, - author = {Jonathan Heathcote}, - title = {Fiscal Policy with Heterogeneous Agents and - Incomplete Markets}, - journal = {Review of Economic Studies}, - year = 2005, - volume = 72, - number = 1, - pages = {161--188}, -} - - -@article{kaplanViolanteWeidner_wealthyH2M, - author = {Violante, Gianluca and Kaplan, Greg and Weidner, Justin}, - journal = {Brookings Papers on Economic Activity}, - pages = {77--138}, - title = {The Wealthy Hand-to-Mouth}, - volume = {Spring}, - year = {2014}, -abstract = {The wealthy hand-to-mouth are households who hold little or no liquid wealth (e.g. cash, checking, and saving accounts), despite owning sizable amounts of illiquid assets (i.e., assets that carry a transaction cost, such as housing, large durables, or retirement accounts). This portfolio configuration implies that these households have large marginal propensities to consume out of small income changes –a key determinant of the macroeconomic effects of fiscal policy. The wealthy hand-to-mouth, therefore, behave in many respects like households with little or no net worth, yet they escape standard definitions (and empirical measurements) of hand-to-mouth agents based on net worth. We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and Spain to document the share of such households across countries, their demographic characteristics, the composition of their balance sheet, and the persistence of hand-to-mouth status over the life cycle. Finally, we discuss the implications of this group of consumers for macroeconomic modelling and policy analysis.}, -} - - -@TECHREPORT{kaplanViolanteWeidner_wealthyH2M_SED, -title = {The Wealthy Hand-to-Mouth}, -author = {Violante, Gianluca and Kaplan, Greg and Weidner, Justin}, -year = {2014}, -institution = {Society for Economic Dynamics}, -type = {2014 Meeting Papers}, -number = {192}, -abstract = {The wealthy hand-to-mouth are households who hold little or no liquid wealth (e.g. cash, checking, and saving accounts), despite owning sizable amounts of illiquid assets (i.e., assets that carry a transaction cost, such as housing, large durables, or retirement accounts). This portfolio configuration implies that these households have large marginal propensities to consume out of small income changes –a key determinant of the macroeconomic effects of fiscal policy. The wealthy hand-to-mouth, therefore, behave in many respects like households with little or no net worth, yet they escape standard definitions (and empirical measurements) of hand-to-mouth agents based on net worth. We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and Spain to document the share of such households across countries, their demographic characteristics, the composition of their balance sheet, and the persistence of hand-to-mouth status over the life cycle. Finally, we discuss the implications of this group of consumers for macroeconomic modelling and policy analysis.}, -url = {http://EconPapers.repec.org/RePEc:red:sed014:192} -} - - -@techreport{coronadoEtAl, - author = {Coronado, Julia Lynn and Lupton, Joseph P. and - Sheiner, Louise M.}, - institution = {Federal Reserve Board}, - number = 32, - type = {FEDS discussion paper}, - title = {The Household Spending Response to the 2003 Tax Cut: - Evidence from Survey Data}, - year = 2005, -} - -@Article{ssBang, - author = {Matthew D. Shapiro and Joel Slemrod}, - title = {Did the 2008 Tax Rebates Stimulate Spending?}, - journal = {American Economic Review}, - year = 2009, - volume = 99, - number = 2, - pages = {374--79}, - month = {May}, - abstract = {Only one-fifth of respondents to a rider on the - University of Michigan Survey Research Center's - Monthly Survey said that the 2008 tax rebates would - lead them to mostly increase spending. Almost half - said the rebate would mostly lead them to pay off - debt, while about a third saying it would lead them - mostly to save more. The survey responses imply that - the aggregate propensity to spend from the rebate - was about one-third, and that there would not be - substantially more spending as a lagged effect of - the rebates. Because of the low spending propensity, - the rebates in 2008 provided low \"bang for the - buck\" as economic stimulus. Putting cash into - the hands of the consumers who use it to save or pay - off debt boosts their well-being, but it does not - necessarily make them spend. Low-income individuals - were particularly likely to use the rebate to pay - off debt.

    (This abstract was borrowed from another - version of this item.)}, - url = - {http://ideas.repec.org/a/aea/aecrev/v99y2009i2p374-79.html} -} - -@techreport{pseIncDistributionAndC, - author = {Luigi Pistaferri and Itay Saporta-Eksten}, - institution = {Ministry of Economy and Finance, Italy}, - number = 11, - type = {working paper}, - title = {Changes in the Income Distribution and Aggregate - Consumption}, - year = 2012, -} - -@techreport{mcKayPapp:wageRiskOverBC, - author = {McKay, Alisdair and Papp, Tamas}, - institution = {Boston University}, - number = 28, - type = {working paper}, - title = {Accounting for Idiosyncratic Wage Risk Over the - Business Cycle}, - year = 2011, -} - -@article{brickerEtAl:SCF2010, - author = {Bricker, Jesse and Kennickell, Arthur B. and Moore, - Kevin B. and Sabelhaus, John}, - institution = {Board of Governors of the Federal Reserve System}, - journal = {Federal Reserve Bulletin}, - month = {June}, - number = 2, - pages = {1--80}, - title = {Changes in U.S. Family Finances from 2007 to 2010: - Evidence from the Survey of Consumer Finances}, - volume = 98, - year = 2012, -} - -@article{brickerEtAl:topWealth, - author = {Bricker, Jesse and Henriques, Alice M. and Krimmel, Jacob and Sabelhaus, John}, - journal = {Brookings Papers on Economic Activity}, - pages = {261--321}, - title = {Measuring Income and Wealth at the Top Using Administrative and Survey Data}, - volume = {Spring}, - year = {2016}, - abstract={Administrative tax data indicate that U.S. top income and wealth shares are substantial and increasing rapidly (Piketty and Saez 2003, Saez and Zucman 2014). A key reason for using administrative data to measure top shares is to overcome the under-representation of families at the very top that plagues most household surveys. However, using tax records alone restricts the unit of analysis for measuring economic resources, limits the concepts of income and wealth being measured, and imposes a rigid correlation between income and wealth. The Survey of Consumer Finances (SCF) solves the under-representation problem by combining administrative and survey data (Bricker et al, 2014). Administrative records are used to select the SCF sample and verify that high-end families are appropriately represented, and the survey is designed to measure comprehensive concepts of income and wealth at the family level. The SCF shows high and rising top income and wealth shares, as in the ad ministrative tax data. However, unadjusted, the levels and growth based on administrative tax data alone appear to be substantially larger. By constraining the SCF to be conceptually comparable, we reconcile the differences, and show the extent to which restrictions and rigidities needed to estimate top income and wealth shares in the administrative data bias up levels and growth rates.}, - keywords={Administrative data; survey data; top income shares; top wealth shares}, -} - -@TechReport{brickerEtAl:topWealthWP, - author={Bricker, Jesse and Henriques, Alice M. and Krimmel, Jacob and Sabelhaus, John}, - title={Measuring Income and Wealth at the Top Using Administrative and Survey Data}, - year=2015, - month=Apr, - institution={Board of Governors of the Federal Reserve System}, - type={Finance and Economics Discussion Series}, - number={2015-30}, - abstract={Administrative tax data indicate that U.S. top income and wealth shares are substantial and increasing rapidly (Piketty and Saez 2003, Saez and Zucman 2014). A key reason for using administrative data to measure top shares is to overcome the under-representation of families at the very top that plagues most household surveys. However, using tax records alone restricts the unit of analysis for measuring economic resources, limits the concepts of income and wealth being measured, and imposes a rigid correlation between income and wealth. The Survey of Consumer Finances (SCF) solves the under-representation problem by combining administrative and survey data (Bricker et al, 2014). Administrative records are used to select the SCF sample and verify that high-end families are appropriately represented, and the survey is designed to measure comprehensive concepts of income and wealth at the family level. The SCF shows high and rising top income and wealth shares, as in the ad ministrative tax data. However, unadjusted, the levels and growth based on administrative tax data alone appear to be substantially larger. By constraining the SCF to be conceptually comparable, we reconcile the differences, and show the extent to which restrictions and rigidities needed to estimate top income and wealth shares in the administrative data bias up levels and growth rates.}, - keywords={Administrative data; survey data; top income shares; top wealth shares}, - doi={}, -} - - -@article{dsSecular, - title = {Fiscal Policy in a Depressed Economy [with Comments - and Discussion]}, - author = {DeLong, J Bradford and Summers, Lawrence H}, - journal = {Brookings Papers on Economic Activity}, - pages = {233--297}, - year = 2012, - publisher = {JSTOR} -} - -@Article{diamond:olg, - Title = {National Debt in a Neoclassical Growth Model}, - Author = {Diamond, Peter A.}, - Journal = {American Economic Review}, - Year = 1965, - Month = {December}, - Note = {\url{http://www.jstor.org/stable/1809231}}, - Pages = {1126--1150}, - Volume = 55, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1809231} -} - -@article{jappelliPistaferri:IncomeItaly, - author = {Tullio Jappelli and Luigi Pistaferri}, - journal = {Review of Economic Dynamics}, - number = 1, - pages = {133--153}, - title = {Does Consumption Inequality Track Income Inequality - in Italy?}, - volume = 13, - year = 2010, -} - -@article{pijoanSanchez:IncomeSpain, - author = {Josep Pijoan-Mas and Virginia Sanchez-Marcos}, - journal = {Review of Economic Dynamics}, - number = 1, - pages = {154--178}, - title = {Spain Is Different: Falling Trends of Inequality}, - volume = 13, - year = 2010, -} - -@article{albarranEtAl:IncomeSpain, - author = {Pedro Albarran and Raquel Carrasco and Maite - Martinez-Granado}, - journal = {Oxford Bulletin of Economics and Statistics}, - number = 4, - pages = {491--518}, - title = {Inequality for Wage Earners and Self-Employed: - Evidence from Panel Data}, - volume = 71, - year = 2009, -} - -@techreport{rostamAfscharYao, - author = {Davud Rostam-Afschar and Jiaxiong Yao}, - type = {mimeo}, - title = {Taxation and Precautionary Savings over the Life - Cycle}, - year = 2013, - institution = {Johns Hopkins University} -} - -@techreport{yao:LaborIncomeRisks, - author = {Yao Yao}, - institution = {University of Mannheim}, - type = {mimeo}, - title = {Labor Income Risks in Germany}, - year = 2011, -} - -@techreport{hfcsFirstResults, - author = {{Eurosystem Household Finance and Consumption - Network}}, - institution = {European Central Bank}, - type = {Statistics Paper Series}, - number = 2, - title = {The Eurosystem Household Finance and Consumption - Survey -- First Results}, - year = 2013, - note = - {\url{http://www.ecb.europa.eu/pub/pdf/other/ecbsp2en.pdf}}, -} - -@techreport{hfcsMethReport, - author = {{Eurosystem Household Finance and Consumption - Network}}, - institution = {European Central Bank}, - type = {Statistics Paper Series}, - number = 1, - title = {The Eurosystem Household Finance and Consumption - Survey -- Methodological Report}, - year = 2013, - note = - {\url{http://www.ecb.europa.eu/pub/pdf/other/ecbsp1en.pdf}}, -} - -@article{souleles:responseToReaganCuts, - author = {Souleles, Nicholas S.}, - journal = {Journal of Public Economics}, - pages = {99--120}, - title = {Consumer Response to the Reagan Tax Cuts}, - volume = 85, - year = 2002, -} - -@techreport{johnsonEtAl:2003childTaxCredit, - author = {Johnson, David S. and Parker, Jonathan A. and - Souleles, Nicholas S.}, - institution = {The Wharton School}, - type = {working paper}, - title = {The Response of Consumer Spending to Rebates During - an Expansion: Evidence from the 2003 Child Tax - Credit}, - year = 2009, -} - -@article{red_xSectFacts, - author = {{Review of Economic Dynamics}}, - number = 1, - pages = {1--264}, - note = {edited by by Dirk Krueger, Fabrizio Perri, Luigi - Pistaferri and Giovanni L. Violante}, - title = {Special Issue: Cross-Sectional Facts for - Macroeconomists}, - volume = 13, - year = 2010 -} - -@book{Deaton2006, - added-at = {2009-08-21T12:19:46.000+0200}, - address = {Baltimore, MD}, - author = {Deaton, {Angus}}, - biburl = - {http://www.bibsonomy.org/bibtex/26f2f87784d59d86af8c471e5857865a0/fbw_hannover}, - edition = {3. printing}, - interhash = {7c53d5852b508cc472d541bc99f54519}, - intrahash = {6f2f87784d59d86af8c471e5857865a0}, - isbn = 0801852544, - pagetotal = {VIII, 479}, - ppn_gvk = 485128217, - publisher = {Johns Hopkins Univ. Press}, - subtitle = {a microeconometric approach to development policy}, - timestamp = {2009-08-21T12:19:46.000+0200}, - title = {The analysis of household surveys}, - url = - {http://gso.gbv.de/DB=2.1/CMD?ACT=SRCHA&SRT=YOP&IKT=1016&TRM=ppn+485128217&sourceid=fbw_bibsonomy}, - year = 2000 -} - -@ARTICLE{mianSufi:aerBorrowing, - author = {Atif R. Mian and Amir Sufi}, - title = {House Prices, Home Equity-Based Borrowing, and the - {U.S.} Household Leverage Crisis}, - journal = {American Economic Review}, - pages = {2132--2156}, - year = 2011, - volume = 101, - owner = {Jirka}, - timestamp = {2011.01.14} -} - -@book{msScarcity, - title = {Scarcity: Why Having Too Little Means So Much}, - author = {Mullainathan, Sendhil and Shafir, Eldar}, - year = 2013, - publisher = {Macmillan} -} - -@inbook{engelCurve, - title = {Die productions- und consumptionsverh{\"a}ltnisse - des K{\"o}nigsreichs Sachsen}, - author = {Engel, Ernst}, - publisher = {C. Heinrich}, - address = {Dresden}, - year = 1857, - booktitle = {Die Lebenkosten Belgischer Arbeiter-Familien}, -} - -@book{dmConsumer, - author = {Deaton, Angus and John Muellbauer}, - title = {Economics and Consumer Behavior}, - publisher = {Cambridge University Press}, - year = 1980, - address = {New York} -} - -@TECHREPORT{deatonWorldBankReview, - author = {Deaton, Angus (Chair) and Abhijit Banerjee (MIT), - Nora Lustig (UNDP), and Kenneth Rogoff (Harvard.)}, - title = {{A}n {E}valuation of {W}orld {B}ank {R}esearch, 1998 - - 2005}, - year = 2012, - file = - {deatonWorldBankReview.pdf:deatonWorldBankReview.pdf:PDF}, - owner = {ccarroll}, - timestamp = {2013.05.27}, - url = - {http://siteresources.worldbank.org/DEC/Resources/84797-1109362238001/726454-1164121166494/RESEARCH-EVALUATION-2006-Main-Report.pdf} -} - -@TECHREPORT{deatonWorldBankReviewNotes, - author = {Deaton, Angus (Chair) and Abhijit Banerjee (MIT) and Nora Lustig (UNDP) and Kenneth Rogoff (Harvard.)}, - title = {{A}n {E}valuation of {W}orld {B}ank {R}esearch, 1998 - - 2005}, - year = 2012, - file = - {deatonWorldBankReview.pdf:deatonWorldBankReview.pdf:PDF}, - owner = {ccarroll}, - timestamp = {2013.05.27}, - url = - {http://siteresources.worldbank.org/DEC/Resources/84797-1109362238001/726454-1164121166494/RESEARCH-EVALUATION-2006-Main-Report.pdf} -} - -@BOOK{NBERwise11-2, - title = {{I}nvestigations in the {E}conomics of {A}ging}, - publisher = {University of Chicago Press}, - year = 2012, - author = {David A. Wise}, - institution = {National Bureau of Economic Research}, - type = {Book}, - url = {http://www.nber.org/books/wise11-2} -} - -@BOOK{Eminent, - title = {{E}minent {E}conomists {II}}, - publisher = {Cambridge University Press}, - year = 2014, - author = {Michael Szenberg and Lall Ramrattan}, - address = {Cambridge} -} - -@article{cartwrightRCTs, - author = {Nancy Cartwright}, - title = {Are RCTs the Gold Standard?}, - journal = {BioSocieties}, - volume = 2, - number = 1, - pages = {11--20}, - year = 2007 -} - -@article{onionLeisure, - author = {Zweibel, Herbert}, - year = 2005, - title = {180 Trillion Leisure Hours Lost To Work Last Year}, - url = - {http://www.theonion.com/articles/180-trillion-leisure-hours-lost-to-work-last-year,1282/}, - note = - {\url{http://www.theonion.com/articles/180-trillion-leisure-hours-lost-to-work-last-year,1282/}}, - journal = {The Onion} -} - -@article{stoneDemand, - author = {Stone, J.~R.~N.}, - title = {Linear Expenditure Systems and Demand Analysis: An - Application to the Pattern of British Demand}, - journal = {Economic Journal}, - year = 1954, - month = {Sep}, - pages = {511--27}, - volume = 64 -} - -@article{theilDemand, - author = {Theil, Henri}, - journal = {Econometrica}, - year = 1965, - volume = 33, - pages = {67--87}, - month = {Jan} -} - -@article{muellbauerAggregation, - jstor_articletype ={research-article}, - title = {Aggregation, Income Distribution and Consumer - Demand}, - author = {Muellbauer, John}, - journal = {The Review of Economic Studies}, - volume = 42, - number = 4, - jstor_formatteddate ={Oct., 1975}, - pages = {pp. 525-543}, - url = {http://www.jstor.org/stable/2296792}, - ISSN = 00346527, - language = {English}, - year = 1975, - publisher = {Oxford University Press}, - copyright = {Copyright © 1975 The Review of Economic Studies, - Ltd.}, -} - -@ARTICLE{delongSage, - author = {deLong, J.~Bradford}, - title = {This Time, It Is {\it Not} Different}, - journal = {Rethinking Finance: Perspectives on the Crisis}, - year = 2012, - note = {\url{http://www.russellsage.org/rethinking-finance}}, - file = {delongSage.pdf:delongSage.pdf:PDF}, - url = {http://www.russellsage.org/rethinking-finance} -} - -@MISC{HMD, - author = {\url{www.mortality.org}}, - title = {Human~Mortality~Database}, - howpublished = {University of California, Berkeley (USA), and Max - Planck Institute for Demographic Research - (Germany).}, - year = 2008, - note = {Available at {\url{www.mortality.org}}} -} - -@ARTICLE{aafMinWage, - author = {Aaronson, Daniel and Agarwal, Sumit and French, - Eric}, - title = {The Spending and Debt Response to Minimum Wage - Hikes}, - journal = {Federal Reserve Board of Chicago Working Paper}, - year = 2011, - volume = {2007-23}, - pages = 14 -} - -@INCOLLECTION{abm:parallel, - author = {Abdelkhalek, Ahmed and Bilas, Angelos and - Michaelides, Alexander}, - title = {Parallelization, Optimization, and Performance - Analysis of Portfolio Choice Models}, - booktitle = {Proceedings of the 30th International Conference on - Parallel Processing}, - year = 2001, - address = {Valencia, Spain}, - month = {September 3-7} -} - -@ARTICLE{abel:habitsinGE, - author = {Abel, Andrew B.}, - title = {Risk Premia and Term Premia in General Equilibrium}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 43, - pages = {3--33}, - number = 1, - month = {February} -} - -@ARTICLE{abel:aerhabits, - author = {Abel, Andrew B.}, - title = {Asset Prices under Habit Formation and Catching Up - with the Joneses}, - journal = {American Economic Review}, - year = 1990, - volume = 80, - pages = {38--42}, - number = 2, - month = May -} - -@ARTICLE{abel:q, - author = {Abel, Andrew B.}, - title = {A Dynamic Model of Investment and Capacity - Utilization}, - journal = {Quarterly Journal of Economics}, - year = 1981, - volume = 96, - pages = {379--403}, - number = 3 -} - -@Article{acemogluCrisis, - Title = {The Crisis of 2008: Structural Lessons For and From - Economics}, - Author = {Acemoglu, Daron}, - Journal = {Manuscript, MIT}, - Year = 2009, - Note = {See also the discussion at - \url{http://economistsview.typepad.com/economistsview/2009/01/acemoglu-the-mo.html}}, - Owner = {Nic Johnson}, - Url = {http://econ-www.mit.edu/files/3703} -} - -@ARTICLE{as94, - author = {Acemoglu, Daron and Scott, Andrew}, - title = {Consumer Confidence and Rational Expectations: Are - Agents' Beliefs Consistent with the Theory?}, - journal = {The Economic Journal}, - year = 1992, - volume = 104, - pages = {1--19} -} - -@ARTICLE{ab03, - author = {Vera A. Adamchik and Arjun S. Bedi}, - title = {Gender Pay Differentials during the Transition in - {P}oland}, - journal = {The Economics of Transition}, - year = 2003, - volume = 11, - pages = {697--726}, - number = 4 -} - -@ARTICLE{acScrapping, - author = {Adda, Jerome and Cooper, Russell}, - title = {Balladurette and Juppette: A Discrete Analysis of - Scrapping Subsidies}, - journal = {Manuscript, Department of Economics, Boston - University}, - year = 1997 -} - -@Article{aslCredit, - author = {Sumit Agarwal and Chunlin Liu and Nicholas - S. Souleles}, - title = {The Reaction of Consumer Spending and Debt to Tax - Rebates--Evidence from Consumer Credit Data}, - journal = {Journal of Political Economy}, - year = 2007, - volume = 115, - number = 6, - pages = {986--1019}, - month = {December}, - url = {http://www.nber.org/papers/w13694} -} - -@TECHREPORT{abC, - author = {Aguiar, Mark A. and Mark Bils}, - title = {Has Consumption Inequality Mirrored Income - Inequality?}, - institution = {National Bureau of Economic Research, Inc}, - year = 2011, - type = {NBER Working Paper}, - number = 16807, - month = Feb, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/16807.html}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/abC.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/abC.pdf:PDF}, - url = {http://ideas.repec.org/p/nbr/nberwo/16807.html} -} - -@ARTICLE{AguiarAmador11, - author = {Aguiar, M. and Amador, M.}, - title = {Growth in the Shadow of Expropriation}, - journal = {The Quarterly Journal of Economics}, - year = 2011, - volume = 126, - pages = {651--697}, - number = 2 -} - -@TECHREPORT{ap05, - author = {Henning Ahnert and Adrian Page}, - title = {Euro Area Residential Property Prices: The - Aggregation of Non-Harmonised National Data}, - institution = {Bank for International Settlements}, - year = 2005, - type = {BIS papers}, - number = {21: Real Estate Indicators and Financial Stability} -} - -@ARTICLE{aiyagari:ge, - author = {Aiyagari, S. Rao}, - title = {Uninsured Idiosyncratic Risk and Aggregate Saving}, - journal = {Quarterly Journal of Economics}, - year = 1994, - volume = 109, - pages = {659--684} -} - -@MISC{aiyagari:opttax, - author = {Aiyagari, S. Rao}, - title = {Optimal Capital Income Taxation with Incomplete - Markets and Borrowing Constraints}, - howpublished = {Federal Reserve Bank of Minneapolis Working Paper - Number~508}, - year = 1993 -} - -@ARTICLE{akerlofNobel, - author = {Akerlof, George A.}, - title = {Behavioral Macroeconomics and Macroeconomic - Behavior}, - journal = {American Economic Review}, - year = 2002, - volume = 92, - pages = {411--433}, - number = 3, - note = - {\url{http://www.aeaweb.org/articles.php?doi=10.1257/00028280260136192}}, - doi = {10.1257/00028280260136192}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akerlofNobel.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akerlofNobel.pdf:PDF}, - url = - {http://www.aeaweb.org/articles.php?doi=10.1257/00028280260136192} -} - -@ARTICLE{ayNearRational, - author = {Akerlof, George A. and Janet L. Yellen}, - title = {A Near-rational Model of the Business Cycle, with - Wage and Price Intertia}, - journal = {The Quarterly Journal of Economics}, - year = 1985, - volume = 100, - pages = {823--38}, - number = 5 -} - -@ARTICLE{adp:two, - author = {Akerlof, George and Dickens, William and Perry, - George}, - title = {Near-Rational Wage and Price Setting and the - Long-Run Phillips Curve}, - journal = {Brookings Papers in Economic Activity}, - year = 2000, - volume = {(2000:1)}, - pages = {1--60} -} - -@ARTICLE{adp:one, - author = {Akerlof, George and Dickens, William and Perry:, - George}, - title = {The Macroeconomics of Low Inflation}, - journal = {Brookings Papers in Economic Activity}, - year = 1996, - volume = {(1996:1)}, - pages = {1--76} -} - -@ARTICLE{fa:lenin, - author = {Alesina, Alberto and Fuchs-Schundeln, Nicola}, - title = {Good Bye Lenin (Or Not?) The Effect of Communism on - People's Preferences}, - journal = {Manuscript, Harvard University}, - year = 2006 -} - -@TECHREPORT{ai07, - author = {Alberto Alesina and Andrea Ichino}, - title = {Gender-based Taxation}, - institution = {Harvard University}, - year = 2007, - type = {mimeo} -} - -@ARTICLE{alesina&rodrik:inequality, - author = {Alesina, Alberto and Rodrik, Dani}, - title = {Distributive Politics and Economic Growth}, - journal = {Quarterly Journal of Economics}, - year = 1994, - volume = 109, - pages = {465--90}, - number = 2, - month = {May} -} - -@ARTICLE{aklCohorts, - author = {Alessie, Rob and Kapteyn, Arie and Lusardi, - Annamaria}, - title = {Explaining the Wealth Holdings of Different Cohorts: - Productivity Growth and Social Security}, - journal = {European Economic Review}, - year = 2005, - volume = 49, - pages = {1361--1381}, - month = {July} -} - -@ARTICLE{alessie&lusardi:habits, - author = {Alessie, Rob and Lusardi, Annamaria}, - title = {Consumption, Saving, and Habit Formation}, - journal = {Economics Letters}, - year = 1997, - volume = 55, - pages = {103--108} -} - -@TECHREPORT{at02, - author = {Rob Alessie and Frederica Teppa}, - title = {Saving and Habit Formation: Evidence from the Dutch - Panel Data}, - institution = {CentER, Tilburg University}, - year = 2002, - type = {discussion paper}, - number = 62 -} - -@ARTICLE{algana, - author = {Algan, Yann and Allais, Oliver and Den~Haan, Wouter - J.}, - title = {Solving Heterogeneous-agent Models with - Parameterized Cross-sectional Distributions}, - journal = {Journal of Economic Dynamics and Control}, - year = 2008, - volume = 32, - pages = {875--908}, - number = 3, - month = {March} -} - -@ARTICLE{alganb, - author = {Algan, Yann and Allais, Oliver and Haan, - Wouter~J. Den}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty Using Parameterized Cross-sectional - Distributions}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{allen&carroll:individual, - author = {Allen, Todd M. and Carroll, Christopher D.}, - title = {Individual Learning About Consumption}, - journal = {Macroeconomic Dynamics}, - year = 2001, - volume = 5, - number = 4, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/IndivLearningAboutC.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/IndivLearningAboutC.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/IndivLearningAboutC.pdf} -} - -@TECHREPORT{ags05, - author = {Filippo Altissimo and Evaggelia Georgiou and Teresa - Sastre and Maria Teresa Valderrama and Gabriel - Sterne and Marc Stocker and Mark Weth and Karl - Whelan and Alpo Willman}, - title = {Wealth and Asset Price Effects on Economic Activity}, - institution = {European Central Bank}, - year = 2005, - type = {occasional paper series}, - number = 29 -} - -@ARTICLE{ahk:altruism, - author = {Altonji, Joseph G., Fumio Hayashi and Kotlikoff, - Laurence J.}, - title = {Is the Extended Family Altruistically Linked?}, - journal = {American Economic Review}, - year = 1992, - volume = 82, - pages = {1177--98}, - number = 5 -} - -@ARTICLE{aclvJoy, - author = {Ameriks, John and Caplin, Andrew and Laufer, Steven - and Van Nieuwerburgh, Stijn}, - title = {The Joy Of Giving Or Assisted Living? Using - Strategic Surveys To Separate Public Care Aversion - From Bequest Motives}, - journal = {The Journal of Finance}, - year = 2011, - volume = 66, - pages = {519--561}, - number = 2, - publisher = {Wiley Online Library} -} - -@ARTICLE{as07, - author = {Sungbae An and Frank Schorfheide}, - title = {Bayesian Analysis of DSGE Models}, - journal = {Econometric Reviews}, - year = 2007, - volume = {2--4}, - pages = {113--172}, - number = 26 -} - -@ARTICLE{ahlrStateSpace, - author = {Andersen, Steffen and Glenn W. Harrison and Morten - I. Lau and Elisabet Rutstr{\"}{o}m}, - title = {Lost in State Space: Are Preferences Stable?}, - journal = {International Economic Review}, - year = 2008, - volume = 49, - pages = {1091--1112}, - number = 3, - note = - {\url{http://dx.doi.org/10.1111/j.1468-2354.2008.00507.x}}, - abstract = {We use field experiments to examine the temporal - stability of risk preferences. Over a 17-month - period, we elicited risk preferences from subjects - chosen to be representative of the adult Danish - population. During this period we revisited many of - these subjects and repeated a risk aversion - elicitation task. We find some variation in risk - attitudes over time, but we do not detect a general - tendency for risk attitudes to increase or decrease - over a 17-month span. The results also suggest that - risk preferences are state contingent with respect - to personal finances.}, - doi = {10.1111/j.1468-2354.2008.00507.x}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahlrStateSpace.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahlrStateSpace.pdf:PDF}, - issn = {1468-2354}, - publisher = {Blackwell Publishing Inc}, - url = {http://dx.doi.org/10.1111/j.1468-2354.2008.00507.x} -} - -@TECHREPORT{aln05, - author = {Javier Andres and J. David Lopez-Salido and Edward - Nelson}, - title = {Sticky-Price Models and the Natural Rate Hypothesis}, - institution = {Federal Reserve Bank of St. Louis}, - year = 2005, - type = {Working Paper}, - number = {2005-018A} -} - -@ARTICLE{andrews:hac, - author = {Andrews, Donald W. K.}, - title = {Heteroskedasticity and Autocorrelation Consistent - Covvariance Matrix Estimation}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {817--858}, - number = 3 -} - -@ARTICLE{ams06, - author = {Donald W. K. Andrews and Marcelo J. Moreira and - James H. Stock}, - title = {Optimal Two-sided Invariant Similar Tests for - Instrumental Variables Regression}, - journal = {Econometrica}, - year = 2006, - volume = 74, - pages = {715--752}, - number = 3 -} - -@article{paEntrep, - title={Financial Integration, Entrepreneurial Risk and Global Dynamics}, - author={Angeletos, George-Marios and Panousi, Vasia}, - journal={Journal of Economic Theory}, - volume={146}, - number={3}, - pages={863--896}, - year={2011}, - url = {http://dx.doi.org/10.1016/j.jet.2011.02.001}, - publisher={Elsevier} -} - -@ARTICLE{paEntrep-InPress, - author = {Angeletos, George-Marios and Panousi, Vasia}, - title = {Financial Integration, Entrepreneurial Risk and - Global Dynamics}, - journal = {Journal of Economic Theory}, - year = 2011, - volume = {In Press, Corrected Proof}, - pages = {-}, - bdsk-url-1 = - {http://www.sciencedirect.com/science/article/B6WJ3-523V3MJ-2/2/6c200dd3b59cce0b683246ed465f2dff}, - bdsk-url-2 = {http://dx.doi.org/10.1016/j.jet.2011.02.001}, - doi = {DOI: 10.1016/j.jet.2011.02.001}, - issn = {0022-0531}, - keywords = {Global imbalances}, - url = - {http://www.sciencedirect.com/science/article/B6WJ3-523V3MJ-2/2/6c200dd3b59cce0b683246ed465f2dff} -} - -@ARTICLE{angrist&krueger:TSIV, - author = {Angrist, Joshua D. and Krueger, Alan B.}, - title = {The Effect of Age at School Entry on Educational - Attainment: An Application of Instrumental Variables - with Moments from Two Samples}, - journal = {Journal of the American Statistical Association}, - year = 1992, - volume = 87, - pages = {328--26}, - month = {June} -} - -@TECHREPORT{Antoniewicz:2000, - author = {Antoniewicz, Rochelle L.}, - title = {A Comparison of the Household Sector from the Flow - of Funds Accounts and the Survey of}, - institution = {Federal Reserve Board}, - year = 2000, - month = {October} -} - -@PHDTHESIS{arbatliThesis, - author = {Arbatli, Elif C.}, - title = {Persistence Of Income Shocks And The Intertemporal - Model Of The Current Account}, - school = {Johns Hopkins University}, - year = 2008, - month = {November} -} - -@ARTICLE{arifovic:stability, - author = {Arifovic, Jasmina}, - title = {Stability of Equilibria under Genetic Algorithm - Adaption: an Analysis}, - journal = {Macroeconomic Dynamics}, - year = 1998, - volume = 2, - pages = {1--21} -} - -@ARTICLE{arifovic:exchangerate, - author = {Arifovic, Jasmina}, - title = {The Behavior of the Exchange Rate in the Genetic - Algorithm and Experimental Economies}, - journal = {Journal of Political Economy}, - year = 1996, - volume = 104, - pages = {510--541} -} - -@ARTICLE{arifovic:inflation, - author = {Arifovic, Jasmina}, - title = {Genetic Algorithms and Inflationary Economies}, - journal = {Journal of Monetary Economics}, - year = 1995, - volume = 36, - pages = {219--243} -} - -@ARTICLE{arifovic:cobweb, - author = {Arifovic, Jasmina}, - title = {Genetic Algorithm Learning and the Cobweb Model}, - journal = {Journal of Economic Dynamics and Control}, - year = 1994, - volume = 18, - pages = {3--28} -} - -@ARTICLE{abd:transition, - author = {Arifovic, Jasmina and Bullard, James and Duffy, - John}, - title = {The Transition from Stagnation to Growth: An - Adaptive Learning Approach}, - journal = {Journal of Economic Growth}, - year = 1997, - volume = 2, - pages = {185--209} -} - -@BOOK{aristotleFallacies, - title = {On Sophistical Refutations}, - publisher = {The Wikipedia Foundation}, - year = {350 BC}, - author = {Aristotle} -} - -@TECHREPORT{aeh02, - author = {Arnold, Ivo and {van Els}, Peter and {de Haan}, - Jakob}, - title = {Wealth Effects and Monetary Policy}, - institution = {De Nederlandsche Bank}, - year = 2002, - type = {Research memorandum}, - number = 719 -} - -@TECHREPORT{muellbauerEtAl_assa09, - author = {Aron, Janine and Duca, John and Muellbauer, John and - Murata, Keiko and Murphy, Anthony}, - title = {Credit, Housing, Collateral and Consumption: - Evidence from the UK, Japan and the US}, - institution = {University of Oxford}, - year = 2008, - type = {mimeo} -} - -@TECHREPORT{AronEtAl:2010, - author = {Aron, Janie and Duca, John V. and Muellbauer, John - and Murata, Keiko and Murphy, Anthony}, - title = {Credit, Housing Collateral and Consumption: Evidence - from the UK, Japan and the US}, - institution = {Federal Reserve Bank of Dallas}, - year = 2010, - type = {Working Paper}, - number = 1002, - month = May -} - -@INCOLLECTION{arrow:applications, - author = {Arrow, Kenneth A.}, - title = {Applications of Control Theory to Economic Growth}, - booktitle = {Mathematics of the Decision Sciences, Part II}, - publisher = {American Mathematical Society}, - year = 1968, - address = {Providence, RI} -} - -@BOOK{arrow1971etr, - title = {{Essays in the Theory of Risk-Bearing}}, - publisher = {North-Holland}, - year = 1971, - author = {Arrow, Kenneth J.} -} - -@TECHREPORT{art05, - author = {Arthur, Stephan V.}, - title = {Obtaining Real Estate Data: Criteria, Difficulties - and Limitations}, - institution = {Bank for International Settlements}, - year = 2005, - type = {BIS papers}, - number = {21: Real Estate Indicators and Financial Stability} -} - -@ARTICLE{arthur:likehumans, - author = {Arthur, W. Brian}, - title = {On Designing Economic Agents That Behave Like Human - Agents}, - journal = {Journal of Evolutionary Economics}, - year = 1993, - volume = 3, - pages = {1--22} -} - -@INCOLLECTION{arthuretal:artificialstock, - author = {Arthur, W. Brian and Holland, John H. and LeBaron, - Blake and Palmer, Richard and Tayler, Paul}, - title = {Asset Pricing Under Endogenous Expectations in an - Artificial Stock Market}, - booktitle = {The Economy as an Evolving Complex System II}, - publisher = {Addison Wesley Longman}, - year = 1997, - editor = {Arthur, W. Brian and Durlauf, Steven N. and Lane, - David} -} - -@ARTICLE{ahlpt:artificial, - author = {Arthur, W. Brian and Holland, John H. and LeBaron, - Blake and Palmer, Richard and Tayler, Paul}, - title = {Asset Pricing Under Endogenous Expectations in an - Artifical Stock Market}, - journal = {Santa Fe Institute Working Paper}, - year = 1997 -} - -@ARTICLE{arthur&lane:contagion, - author = {Arthur, W. Brian and Lane, David A.}, - title = {Information Contagion}, - journal = {Economic Dynamics and Structural Change}, - year = 1993, - volume = 4, - pages = {81--104} -} - -@ARTICLE{aroubaBehaved, - author = {Aruoba, S.~Boragan}, - title = {Data Revisions Are Not Well Behaved}, - journal = {Journal of Money, Credit, and Banking}, - year = 2008, - volume = 40, - pages = {319--340}, - number = {2-3} -} - -@ARTICLE{akRiskSharing, - author = {Asdrubali, Pierfederico and Kim, Soyoung}, - title = {Dynamic Risksharing in the United States and Europe}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - pages = {809--836}, - note = {\\ - \url{http://dx.doi.org/10.1016/j.jmoneco.2003.09.002}}, - doi = {doi:10.1016/j.jmoneco.2003.09.002}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akRisksharing.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akRisksharing.pdf:PDF}, - url = {http://dx.doi.org/10.1016/j.jmoneco.2003.09.002} -} - -@ARTICLE{ASY:1996, - author = {Asdrubali, Pierfederico and Sorensen, Bent and - Yosha, Oved}, - title = {Channels of interstate risksharing: United States - 1963-1990}, - journal = {Quarterly Journal of Economics}, - year = 1996, - volume = 111, - pages = {1081--1110} -} - -@ARTICLE{Athanasoulis/Wincoop:2001, - author = {Athanasoulis, Stefano G. and van Wincoop, Eric}, - title = {Risk sharing within the United States: what do - financial markets and fiscal federalism accomplish}, - journal = {The Review of Economics and Statistics}, - year = 2001, - volume = 83, - pages = {688--698}, - number = 4 -} - -@ARTICLE{Athanasoulis/Wincoop:2000, - author = {Athanasoulis, Stefano G. and van Wincoop, Eric}, - title = {Growth uncertainty and risksharing}, - journal = {Journal of Monetary Economics}, - year = 2000, - volume = 45, - pages = {477--505} -} - -@ARTICLE{atkeson&ogaki:ies, - author = {Atkeson, Andrew and Ogaki, Masao}, - title = {Wealth-Varying Intertemporal Elasticities of - Substitution: Evidence from Panel and Aggregate - Data}, - journal = {Journal of Monetary Economics}, - year = 1996, - volume = 38, - pages = {507--534}, - number = 3 -} - -@BOOK{atkinson&stiglitz:pubecon, - title = {Lectures on Public Economics}, - publisher = {McGraw-Hill BOOK Company}, - year = 1980, - author = {{Atkinson, Anthony B.} and {Joseph E. Stiglitz}}, - address = {New York} -} - -@ARTICLE{Attanasio:2000, - author = {Attanasio, O.}, - title = {Consumer Durables and Inertial Behavior: Estimation - and Aggregation of (S,s) Rules for Automobile - Purchase}, - journal = {Review of Economic Studies}, - year = 2000, - volume = 67, - pages = {667--696}, - number = 4 -} - -@ARTICLE{AttanasioBanksMeghirWeber, - author = {Attanasio, O.P. and Banks, J. and Meghir, C. and - Weber, G.}, - title = {Humps and Bumps in Lifetime Consumption}, - journal = {Journal of Business and Economic Statistics}, - year = 1999, - volume = 17, - pages = {22--35}, - number = 1, - publisher = {JSTOR} -} - -@ARTICLE{abt02, - author = {Orazio Attanasio and James Banks and Sarah Tanner}, - title = {Asset Holding and Consumption Volatility}, - journal = JPE, - year = 2002, - volume = 110, - pages = {771--92}, - number = 4, - month = {August} -} - -@ARTICLE{abiReally, - author = {Attanasio, Orazio and Battistin, Erich and Ichimura, - Hidehiko}, - title = {What Really Happened to Consumption Inequality in - the US?}, - journal = {NBER Working Papers}, - year = 2004, - publisher = {National Bureau of Economic Research, Inc} -} - -@BOOK{attanasioCEvsNIPA, - title = {Inequality in Living Standards Since 1980: Evidence - from Expenditure Data}, - publisher = {American Enterprise Institute}, - year = 2010, - author = {Attanasio, Orazio and Battistin, Erich and Padula, - Mario}, - month = {May}, - bdsk-url-1 = - {http://www.homepages.ucl.ac.uk/~uctpjrt/Files/abp_rev_V.pdf}, - url = - {http://www.homepages.ucl.ac.uk/~uctpjrt/Files/abp_rev_V.pdf} -} - -@ARTICLE{abhlExpectations, - author = {Attanasio, Orazio and Blow, Laura and Hamilton, - Robert and Leicester, Andrew}, - title = {Consumption, House Prices, and Expectations}, - journal = {Bank of England Working Paper Number 271}, - year = 2008 -} - -@INCOLLECTION{ahpInequality, - author = {Attanasio, Orazio and Erik Hurst and Luigi - Pistaferri}, - title = {Measuring the Evolution of Inequality and Poverty - with the Consumer Expenditure Survey and Alternative - Data Sources}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {CRIW, University of Chicago Press}, - year = 2013, - note = {\\ \url{http://www.nber.org/papers/w17982}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahpInequality.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahpInequality.pdf:PDF} -} - -@ARTICLE{aps:sgi, - author = {Attanasio, Orazio and Picci, Lucio and Scorcu, - Antonello}, - title = {Saving, Growth, and Investment: A Macroeconomic - Analysis Using a Panel of Countries}, - journal = {Review of Economics and Statistics}, - year = 2000, - volume = 82, - number = 1, - month = May -} - -@ARTICLE{oAaV03, - author = {Orazio Attanasio and Annette Vissing-Jorgensen}, - title = {Stock Market Participation, Intertemporal - Subsititution and Risk Aversion}, - journal = AERPP, - year = 2003, - volume = 93, - pages = {383--91}, - number = 2, - month = {May} -} - -@ARTICLE{AttanasioEtAl:2009, - author = {Attanasio, Orazio P. and Blow, Laura and Hamilton, - Robert and Leicester, Andrew}, - title = {Booms and Busts: Consumption, House Prices and - Expectations}, - journal = {Economica}, - year = 2009, - volume = 76, - pages = {20--50}, - number = 301, - month = 02 -} - -@Article{adInsurance, - author = {Orazio Attanasio and Steven J. Davis}, - title = {Relative Wage Movements and the Distribution of Consumption}, - journal = {Journal of Political Economy}, - year = {1996}, - volume = {104}, - number = {6}, - pages = {1227--62}, - month = {December}, -} - -@ARTICLE{attanasio&pavoni:hidden, - author = {Attanasio, Orazio P. and Pavoni, Nicola}, - title = {Risk Sharing with Moral Hazard and Hidden Saving}, - journal = {Manuscript, University College London}, - year = 2005 -} - -@INCOLLECTION{akg:genaccts, - author = {Auerbach, Alan J. and Kotlikoff, Laurence J. and - Gokhale, Jagadeesh}, - title = {Generational Accounting: A Meaningful Alternative to - Deficit Accounting}, - booktitle = {Tax Policy and the Economy}, - publisher = {MIT Press}, - year = 1991, - editor = {Bradford, David}, - volume = 5, - address = {Cambridge, MA} -} - -@ARTICLE{aks:reform, - author = {Auerbach, Alan J. and Kotlikoff, Laurence J. and - Skinner, Jonathan S.}, - title = {The Efficiency Gains from Dynamic Tax Reform}, - journal = {International Economic Review}, - year = 1983, - volume = 24, - pages = {81--100} -} - -@BOOK{auerbach&kotlikoff:policy, - title = {Dynamic Fiscal Policy}, - publisher = {Cambridge University Press}, - year = 1987, - author = {{Auerbach, Alan J.} and {Laurence J. Kotlikoff}}, - address = {New York} -} - -@ARTICLE{auten&joulfaian:charitable, - author = {Auten, Gerald and Joulfaian, David}, - title = {Charitable Contributions and Intergenerational - Transfers}, - journal = {Journal of Public Economics}, - year = 1996, - volume = 59, - pages = {55--68}, - number = 1 -} - -@INCOLLECTION{benabou:inequality, - author = {B{\'}enabou, Roland}, - title = {Inequality and Growth}, - booktitle = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 1996, - editor = {Bernanke, Ben S. and Rotemberg, Julio J.}, - volume = 11, - pages = {11--74}, - address = {Cambridge, MA}, - journal = {National Bureau of Economic Research Macroeconomics - Annual} -} - -@INCOLLECTION{borsch-supan:retirement, - author = {B{\"}orsch-Supan, Axel}, - title = {Germany: A Social Security System on the Verge of - Collapse}, - booktitle = {Redesigning Social Security}, - publisher = {Institut f{\"}ur Weltwirtschaft an der - Universit{\"}at Kiel}, - year = 1998, - editor = {Seibert, Horst}, - address = {T{\"}ubingen : Mohr Siebeck} -} - -@ARTICLE{Backus:1992, - author = {Backus, David K. and Kehoe, Patrick J. and Kyland, - Finn E.}, - title = {International Real Business Cycles}, - journal = {The Journal of International Economics}, - year = 1998, - volume = 44, - pages = {289--313} -} - -@ARTICLE{bagwell&bernheim:sex, - author = {Bagwell, Kyle and Bernheim, B. Douglas}, - title = {Is Everything Neutral?}, - journal = {Journal of Political Economy}, - year = 1988, - volume = 96, - pages = {308--338}, - number = 2 -} - -@ARTICLE{blaDebt, - author = {Baily, Martin N. and Lund, Susan and Atkins, - Charles}, - title = {Will US Consumer Debt Reduction Cripple the - Recovery?}, - journal = {McKinsey Global Institute}, - year = 2009, - month = {April} -} - -@TECHREPORT{mckinseyC, - author = {Baily, Martin N. and Lund, Susan and Atkins, - Charles}, - title = {Will US Consumer Debt Reduction Cripple the - Recovery?}, - institution = {McKinsey Global Institute}, - year = 2009, - type = {report} -} - -@ARTICLE{bakshi&chen:spirit, - author = {Bakshi, Gurdip and Chen, Zhiwu}, - title = {The Spirit of Capitalism and Stock-Market Prices}, - journal = {American Economic Review}, - year = 1996, - volume = 86, - pages = {133--157}, - number = 1 -} - -@ARTICLE{ball:nearrationalQJE, - author = {Ball, Laurence}, - title = {Near-Rationality and Inflation in Two Monetary - Regimes}, - journal = {NBER Working Paper No. W7988}, - year = 2000, - month = {October} -} - -@ARTICLE{ball:credibilityregcite, - author = {Ball, Laurence}, - title = {Disinflation with Imperfect Credibility}, - journal = {Journal of Monetary Economics}, - year = 1995, - volume = {XXXV (1995)}, - pages = {5--23} -} - -@ARTICLE{bmr:phillips, - author = {Ball, Lawrence and Mankiw, N. Gregory and Romer, - David}, - title = {The New Keynesian Economics and the Output-Inflation - Tradeoff}, - journal = {Brookings Papers on Economic Activity}, - year = 1988, - volume = 1988, - pages = {1--65}, - number = 1 -} - -@ARTICLE{ball&moffitt:pty, - author = {Ball, Laurence and Moffitt, Robert}, - title = {Productivity Growth and the Phillips Curve}, - journal = {Johns Hopkins University Department of Economics - Working Paper Number 450}, - year = 2001, - month = {June} -} - -@ARTICLE{baro90, - author = {Laurence Ball and David Romer}, - title = {Real Rigidities and the Nonneutrality of Money}, - journal = {Review of Economic Studies}, - year = 1990, - volume = 57, - pages = {539--552}, - number = {April} -} - -@INPROCEEDINGS{Ball1994, - author = {Laurence M. Ball}, - title = {What Determines the Sacrifice Ratio?}, - booktitle = {Monetary Policy}, - year = 1994, - editor = {N. Gregory Mankiw}, - publisher = {University of Chicago Press} -} - -@BOOK{bal02, - title = {Econometrics}, - publisher = {Springer}, - year = 2002, - author = {Badi H. Baltagi}, - edition = {Third} -} - -@ARTICLE{barata&pacheco:monetarypolicy, - author = {Barata, Jos{\`}e M. and Pacheco, Luis M.}, - title = {Asset Prices and Monetary Policy: Wealth Effects on - Consumption}, - journal = {The 20th Symposium on Banking and Monetary Economics - Papers, University of Birmingham}, - year = 2003 -} - -@ARTICLE{barberaFight, - author = {Barbera, Robert J.}, - title = {If It Were a Fight, They Would Have Stopped It in - December of 2008}, - journal = {The Economists' Voice}, - year = 2010, - volume = 7, - pages = 3, - number = 2, - note = - {\url{http://EconPapers.repec.org/RePEc:bpj:evoice:v:7:y:2010:i:2:n:3}}, - abstract = {New classical economics should not be judged based - upon what theorists say today about the 2008-2009 - crisis, but instead by looking at what economists - like Casey Mulligan said as the crisis was - unfolding. Once scrutiny is given to what new - classical economics lead adherents believe in late - 2008, Robert Barbera wonders how any rational - thinker could continue to defend the framework.}, - keywords = {Holding Macroeconomic theories to task after - 2008-2009; new classical economics; the 2008-2009 - crisis; keynes; minsky}, - url = - {http://EconPapers.repec.org/RePEc:bpj:evoice:v:7:y:2010:i:2:n:3} -} - -@ARTICLE{bwTaylor, - author = {Barbera, Robert J. and Weise, Charles L.}, - title = {Minsky Meets Wicksell: Using the Wicksellian Model - to Understand the 21st Century Business Cycle}, - journal = {Manuscript, Gettysburg College}, - year = 2008, - note = {Available at - \url{http://www.gettysburg.edu/dotAsset/2104335.pdf}} -} - -@ARTICLE{barilan&blinder:doingnothing, - author = {Bar-Ilan, Avner and Blinder, Alan S.}, - title = {Consumer Durables: Evidence on the Optimality of - Usually Doing Nothing}, - journal = {Journal of Money, Credit, and Banking}, - year = 1992, - volume = 24, - pages = {258--272}, - number = 2 -} - -@ARTICLE{barroDisasters, - author = {Barro, Robert J.}, - title = {Rare Disasters and Asset Markets in the Twentieth - Century}, - journal = {Quarterly Journal of Economics}, - year = 2006, - volume = 121, - pages = {823--66}, - number = 3 -} - -@ARTICLE{barro:impatience, - author = {Barro, Robert J.}, - title = {Ramsey Meets Laibson in the Neoclassical Growth - Model}, - journal = {Forthcoming, Quarterly Journal of Economics}, - year = 1999 -} - -@ARTICLE{barro:growthqje, - author = {Barro, Robert J.}, - title = {Economic Growth in a Cross Section of Countries}, - journal = {Quarterly Journal of Economics}, - year = 1991, - volume = 106, - pages = {407--443} -} - -@ARTICLE{barro:bondsnetworth, - author = {Barro, Robert J.}, - title = {Are Government Bonds Net Worth?}, - journal = {Journal of Political Economy}, - year = 1974, - volume = 82, - pages = {1095--117} -} - -@BOOK{barro&salaimartin:book, - title = {Economic Growth}, - publisher = {McGraw-Hill}, - year = 1995, - author = {Barro, Robert J. and {Sala-i-Martin}, Xavier}, - address = {New York} -} - -@ARTICLE{barsky:fisher, - author = {Barsky, Robert B.}, - title = {The Fisher Hypothesis and the Forecastability and - Persistence of Inflation}, - journal = {Journal of Monetary Economics}, - year = 1987, - volume = 19, - pages = {3--24} -} - -@ARTICLE{bjksPreferences, - author = {Barsky, Robert B. and Juster, F. Thomas and Kimball, - Miles S. and Shapiro, Matthew D.}, - title = {Preference parameters and behavioral heterogeneity: - An experimental approach in the health and - retirement study*}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = 112, - pages = {537--579}, - number = 2, - note = {\url{http://www.jstor.org/stable/2951245}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bjksPreferences.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bjksPreferences.pdf:PDF}, - publisher = {MIT Press}, - url = {http://www.jstor.org/stable/2951245} -} - -@ARTICLE{barskymankiwzeldes:aer, - author = {Barsky, Robert B. and Mankiw, N.~Gregory and Zeldes, - Stephen P.}, - title = {Ricardian Consumers with Keynesian Propensities}, - journal = {American Economic Review}, - year = 1986, - volume = 76, - pages = {676--91}, - number = 4, - month = {September} -} - -@ARTICLE{barthCostsBeliefs, - author = {Barth, Daniel}, - title = {The Costs and Beliefs Implied by Direct Stock - Ownership}, - journal = {Manuscript, Department of Economics, Hamilton - College}, - year = 2013, - note = - {\url{http://people.hamilton.edu/documents/BarthDaniel_CostsBeliefs_RFS.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/barthCostsBeliefs.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/barthCostsBeliefs.pdf:PDF}, - url = - {http://people.hamilton.edu/documents/BarthDaniel_CostsBeliefs_RFS.pdf} -} - -@BOOK{bartlett:quotes, - title = {Familiar Quotations}, - publisher = {Little, Brown, and Company}, - year = 1980, - author = {Bartlett, John}, - address = {Boston}, - edition = 15, - note = {Edited by Emily Morison Beck} -} - -@ARTICLE{bk:InvestPlan, - author = {Basu, Susanto and Kimball, Miles S.}, - title = {Investment Planning Costs and the Effects of Fiscal - and Monetary Policy}, - journal = {Manuscript, U of Michigan}, - year = 2004 -} - -@ARTICLE{basuKimballLabor, - author = {Basu, Susanto and Kimball, Miles S.}, - title = {Long-Run Labor Supply and the Elasticity of - Intertemporal Substitution for Consumption}, - journal = {Manuscript, University of Michigan}, - year = 2000 -} - -@ARTICLE{blAsymptotics, - author = {Battycharya, R. N. and Lee, O.}, - title = {Asymptotics of a Class of Markov Processes Which Are - Not In General Irreducible}, - journal = {Annals of Probability}, - year = 1988, - volume = 16, - page = {1333--1347} -} - -@MISC{baxter:euler, - author = {Baxter, Marianne}, - title = {Approximating Suboptimal Dynamic Equilibria: An - Euler Equation Approach}, - howpublished = {University of Rochester Working Paper Number~139}, - year = 1988 -} - -@TECHREPORT{BayoumiEdison:2003, - author = {Bayoumi, Tamim and Edison, Hali}, - title = {Is Wealth Increasingly Driving Consumption}, - institution = {Netherlands Central Bank}, - year = 2003, - type = {DNB Staff Reports (discontinued)}, - number = 101 -} - -@ARTICLE{Bayoumi/Klein:1997, - author = {Bayoumi, Tamim and Klein, Michael W.}, - title = {A provinvial view of economic integration}, - journal = {IMF Working Paper}, - year = 1997, - number = {WP/97/41} -} - -@ARTICLE{bcjRiskPreferences, - author = {Beauchamp, Jonathan and Cesarini, David and - Johannesson, Magnus}, - title = {The Psychometric Properties of Measures of Risk - Preferences}, - journal = {Manuscript, Harvard University}, - year = 2011 -} - -@ARTICLE{bl02, - author = {Thorsten Beck and Ross Levine}, - title = {Industry Growth and Capital Allocation: Does Having - a Market- or Bank-Based System Matter?}, - journal = {Journal of Financial Economics}, - year = 2002, - volume = 4, - pages = {59--77}, - number = 2 -} - -@BOOK{becker:humcap, - title = {Human Capital: A Theoretical Analysis with Special - Reference to Education}, - publisher = {Columbia University Press for NBER}, - year = 1964, - author = {Becker, Gary}, - address = {New York} -} - -@ARTICLE{beckerWealth, - author = {Becker, Robert A. and Foias, C.}, - title = {A Characterization of Ramsey Equilibrium}, - journal = {Journal of Economic Theory}, - year = 1987, - volume = 41, - pages = {173--184}, - number = 1, - publisher = {Elsevier} -} - -@ARTICLE{bcj:wealtheffects, - author = {Benjamin, John D. and Chinloy, Peter and Jud, - G. Donald}, - title = {Consumption, Real Estate and Financial Wealth}, - journal = {Manuscript, University of North Carolina}, - year = 2003 -} - -@INCOLLECTION{porath:humcap2, - author = {Ben~Porath, Yoram}, - title = {The Production of Human Capital Over Time}, - booktitle = {Education, Income, and Human Capital}, - publisher = {National Bureau of Economic Research, Distributed by - Columbia University Press}, - year = 1970, - editor = {W.~L.~Hansen}, - address = {New York} -} - -@ARTICLE{porath:humcap, - author = {Ben~Porath, Yoram}, - title = {The Production of Human Capital and the Life Cycle - of Earnings}, - journal = {Journal of Political Economy}, - year = 1967, - volume = 75, - pages = {352--65}, - number = {supplement} -} - -@ARTICLE{bcLongRunRisk, - author = {Benzoni, Luca and Pierre Collin-Dufresne and Robert - S. Goldstein}, - title = {Portfolio Choice over the Life-Cycle when the Stock - and Labor Markets are Cointegrated}, - journal = {Journal of Finance}, - year = 2007, - volume = 62, - pages = {2123--2167}, - number = 5, - month = {Oct}, - note = - {\url{http://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.2007.01271.x/full}}, - doi = {DOI: 10.1111/j.1540-6261.2007.01271.x}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bcLongRunRisk.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bcLongRunRisk.pdf:PDF}, - url = - {http://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.2007.01271.x/full} -} - -@ARTICLE{bszHumK, - author = {Berk, Jonathan and Stanton, Richard and Zechner, - Josef}, - title = {Human Capital, Bankruptcy, and Capital Structure}, - journal = {Manuscript, Hass School of Business, Berkeley}, - year = 2009 -} - -@ARTICLE{Bernanke:savingglut, - author = {Bernanke, Ben}, - title = {The Global Saving Glut and the U.S.\ Current Account - Deficit}, - journal = {Remarks at the Sandridge Lecture, Virginia - Association of Economics, Richmond, Virginia}, - year = 2005, - volume = {March 10, 2005} -} - -@ARTICLE{bernanke&ferri&simon:flight, - author = {Bernanke, Benjamin and Ferrri, Giovanni and Simon, - Peter}, - title = {Is There a Flight to Quality in Consumer Lending?}, - journal = {Manuscript, Princeton University}, - year = 1997 -} - -@ARTICLE{bernanke&gertler&gilchrist:accellerator, - author = {Bernanke, Benjamin and Gertler, Mark and Gilchrist, - Simon}, - title = {The Financial Accellerator and the Flight to - Quality}, - journal = {Review of Economics and Statistics}, - year = 1996, - volume = 78, - pages = {1--15} -} - -@ARTICLE{bernankeGlut, - author = {Bernanke, Benjamin S.}, - title = {The Global Saving Glut and the U.S. Current Account - Deficit : A Speech at the Sandridge Lecture, - Virginia Association of Economics, Richmond, - Virginia, March 10, 2005 and the Homer Jones - Lecture, St.}, - journal = {Speech}, - year = 2005, - abstract = {No abstract is available for this item.}, - bdsk-url-1 = {http://ideas.repec.org/a/fip/fedgsq/y2005x19.html}, - keywords = {Balance of trade ; Budget deficits ; International - finance}, - url = {http://ideas.repec.org/a/fip/fedgsq/y2005x19.html} -} - -@ARTICLE{bernanke:adjcosts, - author = {Bernanke, Ben S.}, - title = {Adjustment Costs, Durables, and Aggregate - Consumption}, - journal = {Journal of Monetary Economics}, - year = 1985, - volume = 15, - pages = {41--68}, - number = 1 -} - -@ARTICLE{bernanke:liquidity, - author = {Bernanke, Ben S.}, - title = {Permanent Income, Liquidity, and Expenditure on - Automobiles: Evidence From Panel Data}, - journal = {Quarterly Journal of Economics}, - year = 1984, - volume = 99, - pages = {587--614}, - number = 3 -} - -@ARTICLE{bernanke:irreversible, - author = {Bernanke, Ben S.}, - title = {Irreversibility, Uncertainty, and Cyclical - Investment}, - journal = {Quarterly Journal of Economics}, - year = 1983, - volume = 98, - pages = {85--106}, - number = 1 -} - -@BOOK{blmp:infltarget, - title = {Inflation Targeting: Lessons from the International - Experience}, - publisher = {Princeton University Press}, - year = 1999, - author = {Bernanke, Ben S. and Laubach, Thomas and Mishkin, - Frederic S. and Posen, Adam S.}, - address = {Princeton, NJ} -} - -@ARTICLE{bernheim&garrett:education, - author = {Bernheim, B. Douglas and Garrett, Daniel M.}, - title = {The Determinants and Consequences of Financial - Education in the Workplace: Evidence From a Survey - of Households}, - journal = {NBER Working Paper No. 5667}, - year = 1996 -} - -@ARTICLE{bsw:variation, - author = {Bernheim, B. Douglas and Skinner, Jonathan and - Weinberg, Steven}, - title = {What Accounts for the Variation Retirement Wealth - Among US Households?}, - journal = {NBER Working Paper Number 6227}, - year = 1997 -} - -@INCOLLECTION{bernheim:literacy, - author = {Bernheim, Douglas}, - title = {Personal Saving, Information, and Economic Literacy: - New Directions for Public Policy}, - booktitle = {Tax Policiy for Economic Growth in the 1990s}, - publisher = {merican Council for Capital Formation}, - year = 1996, - pages = {53--78}, - address = {Washington, D.C.} -} - -@INCOLLECTION{b&s-m:usportfolios, - author = {Bertaut, Carol and Starr-McCluer, Martha}, - title = {Household Portfolios in the United States}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, - Tullio} -} - -@ARTICLE{bertaut:wealtheffects, - author = {Bertaut, Carol C.}, - title = {Equity Prices, Household Wealth, and Consumption - Growth in Foreign Industrial Countries: Wealth - Effects in the 1990s}, - journal = {Board of Governors of the Federal Reserve System - International Finance Discussion Papers 724}, - year = 2002 -} - -@ARTICLE{bertaut&haliassos:portfolio, - author = {Bertaut, Carol C. and Haliassos, Michael}, - title = {Precautionary portfolio behavior from a life-cycle - perspective}, - journal = {Journal of Economic Dynamics And Control}, - year = 1997, - volume = 21, - pages = {1511--1542}, - number = {8-9} -} - -@INCOLLECTION{bertola&caballero:kinks, - author = {Bertola, Guiseppe and Caballero, Ricardo J.}, - title = {Kinked Adjustment Costs and Aggregate Dynamics}, - booktitle = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 1990, - editor = {Blanchard, Olivier J. and Fischer, Stanley}, - pages = {237--288}, - address = {Cambridge, MA} -} - -@ARTICLE{bertola&caballero:irreversible, - author = {Bertola, Guiseppe and Caballero, Ricardo J.}, - title = {Irreversibility and Aggregate Investment}, - journal = {Review of Economic Studies}, - year = 1994, - volume = 61, - pages = {223--246}, - number = 2 -} - -@ARTICLE{bgp:durables, - author = {Bertola, Giuseppe and Guiso, Luigi and Pistaferri, - Luigi}, - title = {Uncertainty and Consumer Durables Adjustment}, - journal = {Review of Economic Studies}, - year = 2005, - volume = 72, - pages = {973--1007}, - number = 4, - bdsk-url-1 = - {http://www.blackwell-synergy.com/doi/abs/10.1111/%200034-6527.00358}, - bdsk-url-2 = {http://dx.doi.org/10.1111/0034-6527.00358}, - doi = {doi: 10.1111/0034-6527.00358}, - url = {http://www.blackwell-synergy.com/doi/abs/10.1111/ - 0034-6527.00358} -} - -@ARTICLE{bmTrickleDown, - author = {Bertrand, Marianne and Adair Morse}, - title = {Trickle Down Consumption}, - journal = {Manuscript, Chicago Booth School of Business}, - year = 2012, - file = - {/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/bmTrickleDown.pdf:/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/bmTrickleDown.pdf:PDF} -} - -@INCOLLECTION{besley:kink, - author = {Besley, Timothy}, - title = {Savings, Credit, and Insurance}, - booktitle = {Handbook of Development Economics, Volume III}, - publisher = {Elsevier}, - year = 1995, - editor = {Behrman, Jere and Srinivasan, T.N.}, - chapter = 36, - pages = {2123--2207} -} - -@TECHREPORT{bic06, - author = {Alena {Bi{\v}c{{\'}a}kov{{\'}a}}}, - title = {Market vs. Institutions: The Trade-off Between - Unemployment and Wage Inequality Revisited}, - institution = {European University Institute}, - year = 2006, - type = {Economics Working Papers}, - number = 31 -} - -@TECHREPORT{bss06, - author = {Alena {Bi{\v} c{{\'}a}kov{{\'}a}} and Jiri {Sla{\v} - c{{\'}a}lek} and Michal {Slav{\'}\i k}}, - title = {Fiscal Implications of Personal Tax Adjustments in - the {C}zech {R}epublic}, - institution = {Czech National Bank}, - year = 2006, - type = {working paper}, - number = 7 -} - -@ARTICLE{bhw:sociallearning, - author = {Bikhchandani, Sushil, David Hirshleifer and Welch, - Ivo}, - title = {Learning from the Behavior of Others: Conformity, - Fads, and Informational Cascades}, - journal = {Journal of Economic Perspectives}, - year = 1998, - volume = 12, - number = 3 -} - -@BOOK{billingsley:probability, - title = {Probability and Measure}, - publisher = {John Wiley and Sons}, - year = 1995, - author = {Billingsley, Patrick}, - edition = {3rd} -} - -@BOOK{billingsley:convergence, - title = {Convergence of Probability Measures}, - publisher = {John Wiley and Sons}, - year = 1968, - author = {Billingsley, Patrick} -} - -@ARTICLE{binmore&samuelson:muddling, - author = {Binmore, Ken and Samuelson, Larry}, - title = {Muddling Through: Noisy Equilibrium Selection}, - journal = {Journal of Economic Theory}, - year = 1997, - volume = 74, - pages = {235--65} -} - -@ARTICLE{bizer&judd:tax, - author = {{Bizer, David S.} and {Kenneth L. Judd}}, - title = {Taxation and Uncertainty}, - journal = {American Economic Review}, - year = 1989, - volume = 79, - pages = {331--336}, - number = 2 -} - -@INCOLLECTION{blairPCEweightedCPI, - author = {Blair, Caitlin}, - title = {Constructing a PCE-Weighted Consumer Price Index}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2013, - editor = {Carroll, Christopher D. and Thomas Crossley and John - Sabelhaus} -} - -@BOOK{blanchard&fischer:text, - title = {Lectures on Macroeconomics}, - publisher = {MIT Press}, - year = 1989, - author = {Blanchard, Olivier and Fischer, Stanley} -} - -@TECHREPORT{bg05, - author = {Olivier Blanchard and Jordi Gali}, - title = {Real Wage Rigidities and the New Keynesian Model}, - institution = {MIT}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{blanchard:cweak, - author = {Blanchard, Olivier J.}, - title = {What Caused the Last Recession? Consumption and the - Recession of 1990-1991}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {270--274}, - number = 2 -} - -@ARTICLE{blanchardFinite, - author = {Blanchard, Olivier J.}, - title = {Debt, Deficits, and Finite Horizons}, - journal = {Journal of Political Economy}, - year = 1985, - volume = 93, - pages = {223--247}, - number = 2, - month = {April} -} - -@ARTICLE{blanchard:burstingbubbles, - author = {Blanchard, Olivier J.}, - title = {Speculative Bubbles, Crashes, and Rational - Expectations}, - journal = {Economics Letters}, - year = 1989, - volume = 3, - pages = {387--389}, - note = - {\url{http://ideas.repec.org/a/eee/ecolet/v3y1979i4p387-389.html}}, - bdsk-url-1 = - {http://ideas.repec.org/a/eee/ecolet/v3y1979i4p387-389.html}, - url = - {http://ideas.repec.org/a/eee/ecolet/v3y1979i4p387-389.html} -} - -@ARTICLE{blanchardOutput, - author = {Blanchard, Olivier J.}, - title = {Output, the Stock Market, and Interest Rates}, - journal = {The American Economic Review}, - year = 1981, - volume = 71, - pages = {pp.132--143}, - number = 1, - bdsk-url-1 = {http://www.jstor.org/stable/1805045}, - copyright = {Copyright {\copyright} 1981 American Economic - Association}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={Mar., 1981}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/1805045} -} - -@ARTICLE{blanchflower&oswald:wellbeing, - author = {Blanchflower, David and Oswald, Andrew J.}, - title = {Well Being Over Time in Britain and the USA}, - journal = {Journal of Public Economics}, - year = 2004, - volume = 88, - pages = {1359--1386} -} - -@ARTICLE{blaukahn07, - author = {Francine D. Blau and Lawrence M. Kahn}, - title = {Changes in the Labor Supply Behavior of Married - Women: 1980--2000}, - journal = {Journal of Labor Economics}, - year = 2007, - pages = {393--438}, - number = 3, - vollume = 25 -} - -@TECHREPORT{blaukahn05, - author = {Francine D. Blau and Lawrence M. Kahn}, - title = {Changes in the Labor Supply Behavior of Married - Women: 1980--2000}, - institution = {National Bureau of Economic Research, Inc}, - year = 2005, - type = {NBER Working Papers}, - number = 11230, - month = Mar -} - -@BOOK{blinder:centbank, - title = {Central Banking in Theory and Practice}, - publisher = {MIT Press}, - year = 1998, - author = {Blinder, Alan S.}, - address = {Cambridge, MA} -} - -@ARTICLE{orphanides:terrorismjme, - author = {Blomberg, S. Brock and Hess, Gregory D. and - Orphanides, Athanasios}, - title = {The Macroeconomic Consequences of Terrorism}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - pages = {1007--1032}, - number = 5 -} - -@TECHREPORT{blzInvestment, - author = {Blomstr\"{o}m, M. and Lipsey, R.E. and Zejan, M.}, - title = {Is Fixed Investment the Key to Economic Growth?}, - year = 1996, - number = 1, - file = {elNotFactor.pdf:elNotFactor.pdf:PDF}, - journal = {The Quarterly Journal of Economics}, - pages = {269--276}, - publisher = {JSTOR}, - volume = 111 -} - -@article {bloomUncertainty, - author = {Bloom, Nicholas}, - title = {The Impact of Uncertainty Shocks}, - journal = {Econometrica}, - volume = 77, - number = 3, - publisher = {Blackwell Publishing Ltd}, - issn = {1468-0262}, - url = {http://dx.doi.org/10.3982/ECTA6248}, - doi = {10.3982/ECTA6248}, - pages = {623--685}, - keywords = {Adjustment costs, uncertainty, real options, labor - and investment}, - year = 2009, -} - -@ARTICLE{bloom&gunderson:canadian, - author = {Bloom, David and Gunderson, Morley}, - title = {An Analysis of the Earnings of Candian Immigrants}, - journal = {Manuscript, Columbia University}, - year = 1989 -} - -@ARTICLE{bloom2007uncertainty, - author = {Bloom, Nicholas and Bond, Stephen and Van Reenen, - John}, - title = {Uncertainty and investment dynamics}, - journal = {Review of Economic Studies}, - year = 2007, - volume = 74, - pages = {391--415}, - number = 2, - publisher = {Wiley Online Library} -} - -@INCOLLECTION{bllDemandSystem, - author = {Blow, Laura and Lechene, Valerie and Levell, Peter}, - title = {Using the CE to Model Household Demand}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2012 -} - -@TECHREPORT{blundellEtAl_LaborDynNorway, - author = {Richard Blundell and Michael Graber and Magne - Mogstad}, - title = {Labor Income Dynamics and the Insurance from Taxes, - Transfers, and the Family}, - institution = {University College London}, - year = 2013, - type = {mimeo} -} - -@ARTICLE{Blundell:2013tm, - author = {Blundell, Richard and Low, Hamish and Preston, Ian}, - title = {{Decomposing changes in income risk using - consumption data}}, - journal = {Quantitative Economics}, - year = 2013, - volume = 4, - pages = {1--37}, - number = 1, - date-added = {2013-04-07T23:20:30GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{Quantitative_Economics_2013_Blundell.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2013/Blundell/Quantitative_Economics_2013_Blundell.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2013/Blundell/Quantitative_Economics_2013_Blundell.pdf}, - rating = 0, - read = {Yes}, - uri = - {\url{papers2://publication/uuid/FC751DEE-B1A6-4446-988D-F7480C959163}}, - url = - {http://onlinelibrary.wiley.com/doi/10.3982/QE44/abstract} -} - -@INCOLLECTION{blundmac99, - author = {Blundell, Richard and MaCurdy, Thomas}, - title = {Labor supply: A review of alternative approaches}, - booktitle = {Handbook of Labor Economics}, - publisher = {Elsevier}, - year = 1999, - editor = {O. Ashenfelter and D. Card}, - volume = 3, - series = {Handbook of Labor Economics}, - chapter = 27, - pages = {1559--1695} -} - -@ARTICLE{blundell, - author = {Blundell, Richard and Pistaferri, Luigi and Preston, - Ian}, - title = {Consumption Inequality and Partial Insurance}, - journal = {Manuscript}, - year = 2008 -} - -@Article{chiuriJappelli_Homeownership, - author = {Chiuri, Maria Concetta and Jappelli, Tullio}, - title = {Financial Market Imperfections and Home Ownership: A - Comparative Study}, - journal = {European Economic Review}, - year = 2003, - volume = 47, - number = 5, - pages = {857--875}, - month = {October}, -} - - -@Article{bps:familyLaborS, - author={Richard Blundell and Luigi Pistaferri and Itay Saporta-Eksten}, - title={Consumption Inequality and Family Labor Supply}, - journal={American Economic Review}, - year=2016, - volume={106}, - number={2}, - pages={387--435}, - month={February}, - keywords={}, - doi={}, - abstract={We examine the link between wage and consumption inequality using a life-cycle model incorporating consumption and family labor supply decisions. We derive analytical expressions for the dynamics of consumption, hours, and earnings of two earners in the presence of correlated wage shocks, nonseparability, progressive taxation, and asset accumulation. The model is estimated using panel data for hours, earnings, assets, and consumption. We focus on family labor supply as an insurance mechanism and find strong evidence of smoothing of permanent wage shocks. Once family labor supply, assets, and taxes are properly accounted for there is little evidence of additional insurance. (JEL D12, D14, D91, J22, J31)}, - url={https://ideas.repec.org/a/aea/aecrev/v106y2016i2p387-435.html} -} - -@TECHREPORT{bps:familyLaborS_NBERWP, - author = {Richard Blundell and Luigi Pistaferri and Itay - Saporta-Eksten}, - title = {Consumption Inequality and Family Labor Supply}, - institution = {National Bureau of Economic Research, Inc}, - year = 2012, - type = {NBER Working Papers}, - number = 18445, - month = Oct, - abstract = {In this paper we examine the link between wage - inequality and consumption inequality using a life - cycle model that incorporates household consumption - and family labor supply decisions. We derive - analytical expressions based on approximations for - the dynamics of consumption, hours, and earnings of - two earners in the presence of correlated wage - shocks, non-separability and asset accumulation - decisions. We show how the model can be estimated - and identified using panel data for hours, earnings, - assets and consumption. We focus on the importance - of family labour supply as an insurance mechanism to - wage shocks and find strong evidence of smoothing of - males and females permanent shocks to wages. Once - family labor supply, assets and taxes are properly - accounted for their is little evidence of additional - insurance.}, - url = {http://ideas.repec.org/p/nbr/nberwo/18445.html} -} - -@ARTICLE{bpQJE, - author = {Blundell, Richard W. and Preston, Ian}, - title = {Consumption Inequality and Income Uncertainty}, - journal = {Quarterly Journal of Economics}, - year = 1998, - volume = 113, - pages = {603--640} -} - -@TECHREPORT{stressTest, - author = {{Board of Governors of the Federal Reserve System}}, - title = {The Supervisory Capital Assessment Program: Design - and Implementation}, - year = 2009, - type = {white paper}, - note = {Available at \url{ - http://www.federalreserve.gov/newsevents/press/bcreg/20090424a.htm}} -} - -@ARTICLE{bodkin:mpc, - author = {Bodkin, Ronald}, - title = {Windfall Income and Consumption}, - journal = {American Economic Review}, - year = 1959, - volume = 49, - pages = {602--614}, - number = 4, - month = {September} -} - -@ARTICLE{bcfHabits, - author = {Michele Boldrin and Lawrence J. Christiano and Jonas - D. Fisher}, - title = {Habit Persistence, Asset Returns and the Business - Cycle}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - pages = {149--66}, - number = 1 -} - -@ARTICLE{bdWontTell, - author = {Bollinger, C.R. and David, M.H.}, - title = {I Didn't Tell, And I Won't Tell: Dynamic Response - Error in the SIPP}, - journal = {Journal of Applied Econometrics}, - year = 2005, - volume = 20, - pages = {563--569}, - number = 4, - publisher = {Wiley Online Library} -} - -@ARTICLE{be05, - author = {Holger Bonin and Rob Euwals}, - title = {Participation Behavior of the {E}ast {G}erman Women - after {G}erman Unification}, - journal = {Applied Economics Quarterly}, - year = 2005, - volume = 51, - number = 4 -} - -@TECHREPORT{be02, - author = {Holger Bonin and Rob Euwals}, - title = {Participation Behavior of the {E}ast {G}erman Women - after {G}erman Unification}, - institution = {William Davidson Institute}, - year = 2002, - type = {working paper}, - number = 477 -} - -@ARTICLE{bgr:stockmarket, - author = {Boone, Laurence and Giorno, Claude and Richardson, - Pete}, - title = {Stock Market Fluctuations and Consumption Behavior: - Some Recent Evidence}, - journal = {OECD Economics Department Working Paper 208}, - year = 1998 -} - -@ARTICLE{booth:taxrevs, - author = {Booth, Mark}, - title = {Projecting Federal Tax Revenues and the Effect of - Changes in Tax Law}, - journal = {Congressional Budget Office}, - year = 1998 -} - -@INPROCEEDINGS{bor96, - author = {Claudio E. V. Borio}, - title = {Credit Characteristics and the Monetary Policy - Transmission in Fourteen Industrial Countries: - Facts, Conjectures and Some Econometric Evidence}, - booktitle = {Monetary Policy in a Converging Europe}, - year = 1996, - editor = {Alders and Koos}, - pages = {77--115}, - publisher = {MIT Press} -} - -@ARTICLE{boskinInterestElasticity, - author = {Boskin, Michael J.}, - title = {Taxation, Saving, and the Rate of Interest}, - journal = {The Journal of Political Economy}, - year = 1978, - pages = {3--27}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/boskinInterestElasticity.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/boskinInterestElasticity.pdf:PDF}, - publisher = {JSTOR} -} - -@ARTICLE{BosticEtAl:2009, - author = {Bostic, Raphael and Gabriel, Stuart and Painter, - Gary}, - title = {Housing Wealth, Financial Wealth, and Consumption: - New Evidence from Micro Data}, - journal = {Regional Science and Urban Economics}, - year = 2009, - volume = 39, - pages = {79--89} -} - -@BOOK{bosworth:global, - title = {Saving and Investment in a Global Economy}, - publisher = {The Brookings Institution}, - year = 1993, - author = {Bosworth, Barry}, - address = {Washington, DC} -} - -@ARTICLE{bbsMicro, - author = {Bosworth, Barry and Burtless, Gary and Sabelhaus, - John}, - title = {The Decline in Saving: Some Microeconomic Evidence}, - journal = {Brookings Papers on Economic Activity}, - year = 1991, - volume = 22, - pages = {183--256}, - number = {1991-1}, - bdsk-url-1 = - {http://ideas.repec.org/a/bin/bpeajo/v22y1991i1991-1p183-256.html}, - url = - {http://ideas.repec.org/a/bin/bpeajo/v22y1991i1991-1p183-256.html} -} - -@ARTICLE{blGenes, - author = {Bouchard, Thomas J. and Loehlin, John C.}, - title = {Genes, Evolution, and Personality}, - journal = {Behavior Genetics}, - year = 2001, - volume = 31, - pages = {243--273}, - number = 3, - note = - {\url{http://www.springerlink.com/content/qt0138g23w8720j1/fulltext.pdf}}, - abstract = {There is abundant evidence, some of it reviewed in - this paper, that personality traits are - substantially influenced by the genes. Much remains - to be understood about how and why this is the - case. We argue that placing the behavior genetics of - personality in the context of epidemiology, - evolutionary psychology, and neighboring - psychological domains such as interests and - attitudes should help lead to new insights. We - suggest that important methodological advances, such - as measuring traits from multiple viewpoints, using - large samples, and analyzing data by modern - multivariate techniques, have already led to major - changes in our view of such perennial puzzles as the - role of “unshared environment” in personality. In - the long run, but not yet, approaches via molecular - genetics and brain physiology may also make decisive - contributions to understanding the heritability of - personality traits. We conclude that the behavior - genetics of personality is alive and flourishing but - that there remains ample scope for new growth and - that much social science research is seriously - compromised if it does not incorporate genetic - variation in its explanatory models.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/blGenes.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/blGenes.pdf:PDF}, - publisher = {Springer}, - url = - {http://www.springerlink.com/content/qt0138g23w8720j1/fulltext.pdf} -} - -@TECHREPORT{bound89, - author = {John Bound and Charles Brown and Greg J. Duncan and - Willard L Rodgers}, - title = {Measurement Error In Cross-Sectional and - Longitudinal Labor Market Surveys: Results From Two - Validation Studies}, - institution = {National Bureau of Economic Research, Inc}, - year = 1989, - type = {NBER Working Papers}, - number = 2884 -} - -@ARTICLE{bound&jaeger&baker:disease, - author = {Bound, John and Jaeger, David A. and Baker, Regina}, - title = {The Cure Can Be Worse Than The Disease: A Cautionary - Tale Regarding Instrumental Variables}, - journal = {NBER Technical Working Paper No. 137}, - year = 1993 -} - -@ARTICLE{bound&krueger:measerr, - author = {Bound, John and Krueger, Alan B.}, - title = {The Extent of Measurement Error in Longitudinal - Earnings Data: Do Two Wrongs Make A Right?}, - journal = {Journal of Labor Economics}, - year = 1991, - volume = 9, - number = 1 -} - -@TECHREPORT{rockinst, - author = {Boyd, Donald J. and Dadayan, Lucy}, - title = {Sales Tax Decline in Late 2008 Was the Worst in 50 - Years}, - institution = {The Nelson A. Rockefeller Institute of Government}, - year = 2009, - type = {State Revenue Report}, - number = 75, - note = {Available at \url{ - http://www.rockinst.org/pdf/government_finance/state_revenue_report/2009-04-14-(75)-state_revenue_report_sales_tax_decline.pdf - }} -} - -@ARTICLE{boyd:weighted, - author = {Boyd, John H.}, - title = {A Weighted Contraction Mapping Theorem}, - journal = {Journal of Economic Theory}, - year = 1990, - volume = 6, - pages = {343--362} -} - -@ARTICLE{bcd:refinancing, - author = {Brady, Peter J. and Canner, Glenn and Maki, Dean}, - title = {The Effects of Recent Mortgage Refinancing}, - journal = {Federal Reserve Bulletin}, - year = 2000 -} - -@ARTICLE{bl98, - author = {Jason Bram and Sydney Ludvigson}, - title = {Does Consumer Confidence Forecast Household - Expenditure? A Sentiment Index Horse Race}, - journal = {FRBNY Economic Policy Review}, - year = 1998, - volume = 4, - pages = {59--77}, - number = 2 -} - -@ARTICLE{bra04, - author = {William A. Branch}, - title = {The Theory of Rationally Heterogeneous Expectations: - Evidence from Survey Data on Inflation Expectations}, - journal = {Economic Journal}, - year = 2004, - volume = 114, - pages = {592--621}, - number = 497 -} - -@ARTICLE{branchQJE:hetero, - author = {Branch, William A.}, - title = {The Theory of Rationally Heterogeneous Expectations: - Evidence from Survey Data on Inflation Expectations}, - journal = {Manuscript, Department of Economics, College of - William and Mary}, - year = 2001 -} - -@ARTICLE{bcf93, - author = {Braun, Philip A. and Constantinides, George M. and - Ferson, Wayne E.}, - title = {Time Nonseparability in Aggregate Consumption: - International Evidence}, - journal = {European Economic Review}, - year = 1993, - volume = 37, - pages = {897--920} -} - -@ARTICLE{Braun, - author = {Braun, Richard Anton and Li, Huiyu and Stachurski, - John}, - title = {Computing Densities and Expectations in Stochastic - Recursive Economies: Generalized Look-Ahead - Techniques}, - journal = {Manuscript}, - year = 2009 -} - -@MISC{BravConstantinidesGeczy:1999, - author = {Brav, Alon and Constantinides, George M. and Geczy, - Christopher C.}, - title = {Asset Pricing with Heterogeneous Consumers and - Limited Participation: Empirical Evidence}, - howpublished = {Rodney L. White Center for Financial Research - working paper}, - month = {October}, - year = 1999 -} - -@TECHREPORT{bt96, - author = {Flint Brayton and Peter Tinsley}, - title = {A Guide to FRB/US: A Macroeconomic Model of the - United States}, - institution = {Federal Reserve Board}, - year = 1996, - type = {FEDS working paper}, - number = 42 -} - -@ARTICLE{brockmirman:growth, - author = {Brock, William and Mirman, Leonard}, - title = {Optimal Economic Growth and Uncertainty: The - Discounted Case}, - journal = {Journal of Economic Theory}, - year = 1972, - volume = 4, - pages = {479--513}, - number = 3, - month = {June} -} - -@TECHREPORT{bhHousingDepression, - author = {Michael Brocker and Christopher Hanes}, - title = {The 1920s American Real Estate Boom and the Downturn - of the Great Depression: Evidence from City Cross - Sections}, - institution = {National Bureau of Economic Research}, - year = 2013, - type = {Working Paper}, - number = 18852, - month = {February}, - abstract = {In the 1929-1933 downturn of the Great Depression, - house values and homeownership rates fell more, and - mortgage foreclosure rates were higher, in cities - that had experienced relatively high rates of house - construction in the residential real-estate boom of - the mid-1920s. Across the 1920s, boom cities had - seen the biggest increases in house values and - homeownership rates. These patterns suggest that the - mid-1920s boom contributed to the depth of the Great - Depression through wealth and financial effects of - falling house values. Also, they are very similar to - cross-sectional patterns across metro areas around - 2006.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bhHousingDepression.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bhHousingDepression.pdf:PDF}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18852} -} - -@article{brodaParker:stimulus2008, - author = {Broda, Christian and Parker, Jonathan A.}, - journal = {Journal of Monetary Economics}, - number = {S}, - pages = {20--36}, - title = {The Economic Stimulus Payments of 2008 and the - Aggregate Demand for Consumption}, - volume = {68}, - year = {2014}, -} - -@article{bpStim, - author = {Christian Broda and Jonathan A. Parker}, - title = {The Economic Stimulus Payments of 2008 and the - Aggregate Demand for Consumption}, - journal = {Journal of Monetary Economics}, - year = {2014}, - volume = {68}, - pages = {S20--S36}, -} - -@UNPUBLISHED{br2009, - author = {Christian Broda and John Romalis}, - title = {The Welfare Implications of Rising Price Dispersion}, - note = {Manuscript, University of Chicago}, - month = {July}, - year = {2009} -} - -@ARTICLE{brown&light:tenure, - author = {Brown, James N. and Light, Audrey}, - title = {Interpreting Panel Data on Job Tenure}, - journal = {Journal of Labor Economics}, - year = 1992, - volume = 10, - pages = {219--257}, - number = 3 -} - -@TECHREPORT{BrownEtAl:2010, - author = {Brown, Meta and Haughwout, Andrew and Lee, Donghoon - and van der Klaau, Wilbert}, - title = {The Financial Crisis at the Kitchen Table: Trends in - Household Debt and Credi}, - institution = {Federal Reserve Bank of New York}, - year = 2010, - type = {Staff Reports}, - number = 480, - month = {December} -} - -@ARTICLE{browning&crossley:lifecycle, - author = {Browning, Martin and Crossley, Thomas F.}, - title = {The Life-Cycle Model of Consumption and Savings}, - journal = {Journal of Economic Perspectives}, - year = 2001, - volume = 15, - pages = {3--22}, - number = 3 -} - -@ARTICLE{blImputing, - author = {Browning, Martin and Leth-Petersen, Søren}, - title = {Imputing Consumption from Income and Wealth - Information}, - journal = {The Economic Journal}, - year = 2003, - volume = 113, - pages = {pp. F282-F301}, - number = 488, - abstract = {We investigate the feasibility of deriving a measure - of total expenditure at the household level from - administrative micro-data on income and wealth. We - use Danish administrative data that provides - measures of disposable income and the holding of - different assets at the end of the year. The ability - to link the households in the 1994-6 Danish - Expenditure Survey to their administrative data for - the years around the survey year offers a unique - possibility for constructing a measure of total - expenditure and of checking directly on the - reliability of the imputation. The results are - promising.}, - copyright = {Copyright © 2003 Royal Economic Society}, - issn = 00130133, - jstor_articletype ={research-article}, - jstor_formatteddate ={Jun., 2003}, - jstor_issuetitle ={Features}, - language = {English}, - publisher = {Wiley on behalf of the Royal Economic Society}, - url = {http://www.jstor.org/stable/3590202} -} - -@INCOLLECTION{bhh:micromacro, - author = {Browning, Martin J. and Hansen, Lars P. and Heckman, - James J.}, - title = {Micro Data and General Equilibrium Models}, - booktitle = {Handbook of Macroeconomics}, - publisher = {North Holland}, - year = 1999, - editor = {Taylor, John and Woodford, Michael} -} - -@ARTICLE{browning&lusardi:jel, - author = {Browning, Martin J. and Lusardi, Annamaria}, - title = {Household Saving: Micro Theories and Micro Facts}, - journal = {Journal of Economic Literature}, - year = 1996, - volume = 34, - pages = {1797--855}, - number = 4 -} - -@ARTICLE{browning&burbridge:captax, - author = {{Browning, Martin} and {J. Burbridge}}, - title = {Consumption and Income Taxation}, - journal = {Oxford Economic Papers}, - year = 1990, - volume = 42, - pages = {281--292}, - number = 1 -} - -@INCOLLECTION{brownlee:historical, - author = {Brownlee, W. Elliot}, - title = {Historical Perspectives on U.S. Tax Policy Toward - the Rich}, - booktitle = {Does Atlas Shrug? The Economic Consequences of - Taxing the Rich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.} -} - -@ARTICLE{bryan&gavin:inflsurv, - author = {Bryan, Michael F. and Gavin, William T.}, - title = {Models of Inflation Expectations Formation: A - Comparison of Household and Economist Forecasts}, - journal = {Journal of Money, Credit, and Banking}, - year = 1986, - volume = 18, - pages = {539--43}, - month = {November} -} - -@ARTICLE{bg97, - author = {Robert M. Buckley and Eugene N. Gurenko}, - title = {Housing and Income Distribution in Russia: Zhivago's - Legacy}, - journal = {The World Bank Research Observer}, - year = 1997, - volume = 12, - pages = {19--32}, - number = 1 -} - -@MISC{bull:opttax, - author = {Bull, Nicholas}, - title = {When All the Optimal Dynamic Taxes are Zero}, - howpublished = {Board of Governors of the Federal Reserve System - Economic Activity Section Working Paper Series - \#137}, - year = 1993 -} - -@PHDTHESIS{bull:thesis, - author = {Bull, Nicholas}, - title = {Optimal Taxation in an Endogenous Growth Model with - Human Capital}, - school = {University of Minnesota}, - year = 1992 -} - -@BOOK{BLS2009, - title = {2008 Consumer Expenditure Interview Survey Public - Use Microdata User's Documentation}, - publisher = {Division of Consumer Expenditure Surveys, BLS, - U.S. Department of Labor}, - year = 2009, - author = {{Bureau~of~Labor~Statistics}}, - month = {October 15} -} - -@MISC{blsGemini, - author = {{Bureau{~}of{~}Labor{~}Statistics}}, - title = {Consumer Expenditure Survey (CE) Gemini Project}, - year = 2011, - bdsk-url-1 = {http://www.bls.gov/cex/geminiproject.htm}, - url = {http://www.bls.gov/cex/geminiproject.htm} -} - -@TECHREPORT{bea06, - author = {{Bureau of Economic Analysis}}, - title = {Updated Summary NIPA Methodologies}, - year = 2006, - type = {{Survey of Current Business, November}}, - note = {available at - {\url{http://www.bea.gov/scb/pdf/2006/11November/1106_nipa_method.pdf}}} -} - -@ARTICLE{byrne&davis:wealtheffects, - author = {Byrne, Joseph and Davis, Phillip}, - title = {Disaggregate Wealth and Aggregate Consumption: An - Investigation of Empirical Relationships for the G7}, - journal = {Manuscript, Brunel University}, - year = 2001 -} - -@ARTICLE{caballero&engel&haltiwanger:agginvdyn, - author = {Caballero, Ricardo and Engel, Eduardo and - Haltiwanger, John}, - title = {Plant-Level Adjustment and Aggregate Investment - Dynamics}, - journal = {Brookings Papers on Economic Activity, 1995:2}, - year = 1995, - pages = {1--39} -} - -@ARTICLE{caballero:slow, - author = {Caballero, Ricardo J.}, - title = {Durable Goods: An Explanation for Their Slow - Adjustment}, - journal = {Journal of Political Economy}, - year = 1993, - volume = 101, - pages = {351--384}, - number = 2 -} - -@ARTICLE{caballero:aer, - author = {Caballero, Ricardo J.}, - title = {Earnings Uncertainty and Aggregate Wealth - Accumulation}, - journal = {American Economic Review}, - year = 1991, - volume = 81, - pages = {859--871} -} - -@Article{caballero:jme, - Title = {Consumption Puzzles and Precautionary Savings}, - Author = {Caballero, Ricardo J.}, - Journal = {Journal of Monetary Economics}, - Year = 1990, - Note = - {\url{http://ideas.repec.org/p/clu/wpaper/1988_05.html}}, - Pages = {113-136}, - Volume = 25, - Owner = {Nic Johnson}, - Url = - {http://ideas.repec.org/a/eee/moneco/v25y1990i1p113-136.html} -} - -@ARTICLE{caballero&engel:dynamics, - author = {Caballero, Ricardo J. and Engel, Eduardo M. R. A.}, - title = {Explaining Investment Dynamics in - U.S. Manufacturing: A Generalized (S,s) Approach}, - journal = {NBER Working Paper No. 4887}, - year = 1994 -} - -@ARTICLE{cfg:globimbalances, - author = {Caballero, Ricardo J. and Farhi, Emmanuel and - Gourinchas, Pierre-Olivier}, - title = {An Equilibrium Model of {"}Global Imbalances{"} and - Low Interest Rates}, - journal = {American Economic Review}, - year = 2008, - volume = 98, - pages = {358--388}, - number = 1 -} - -@ARTICLE{cagettiInterestElasticity, - author = {Cagetti, Marco}, - title = {Interest Elasticity in a Life-Cycle Model with - Precautionary Savings}, - journal = {The American Economic Review}, - year = 2001, - volume = 91, - pages = {pp.418--421}, - number = 2, - copyright = {Copyright © 2001 American Economic Association}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={May, 2001}, - jstor_issuetitle ={Papers and Proceedings of the Hundred Thirteenth - Annual Meeting of the American Economic Association}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2677800} -} - -@ARTICLE{cjStableEfficient, - author = {Cai, Y. and Judd, Kenneth L.}, - title = {Stable and Efficient Computational Methods for - Dynamic Programming}, - journal = {Journal of the European Economic Association}, - year = 2010, - volume = 8, - pages = {626--634}, - number = {2-3}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cjStableEfficient.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/stableEfficient.pdf:PDF}, - publisher = {Wiley Online Library} -} - -@ARTICLE{calvoPrices, - author = {Calvo, Guillermo A.}, - title = {Staggered Contracts in a Utility-Maximizing - Framework}, - journal = {Journal of Monetary Economics}, - year = 1983, - volume = 12, - pages = {383--98}, - number = 3 -} - -@INCOLLECTION{camererMindful, - author = {Camerer, Colin}, - title = {The Case for Mindful Economics}, - booktitle = {The Foundations of Positive and Normative Economics: - A Handbook}, - publisher = {Oxford University Press, USA}, - year = 2010, - series = {The Handbooks in Economic Methodologies}, - note = - {\url{http://www2.e.u-tokyo.ac.jp/cemano/research/DRSS/documents/microCOE0806.pdf}}, - editors = {Caplin, A. and Schotter, A.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/camererMindful.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/camererMindful.pdf:PDF}, - isbn = 9780199744855, - lccn = 2009049206, - url = - {http://www2.e.u-tokyo.ac.jp/cemano/research/DRSS/documents/microCOE0806.pdf} -} - -@ARTICLE{chDebt, - author = {Campbell, Jeffrey R. and Hercowitz, Zvi}, - title = {Welfare Implications of the Transition to High - Household Debt}, - journal = {Journal of Monetary Economics}, - year = 2009, - volume = 56, - pages = {1--16}, - number = 1, - month = {January}, - url = - {http://ideas.repec.org/a/eee/moneco/v56y2009i1p1-16.html} -} - -@TECHREPORT{campbellMechanism, - author = {Campbell, John Y.}, - title = {Inspecting the Mechanism: An Analytical Approach to - the Stochastic Growth Model}, - institution = {National Bureau of Economic Research, Inc}, - year = 1992, - type = {NBER Working Papers}, - number = 4188, - month = Oct, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/4188.html}, - url = {http://ideas.repec.org/p/nbr/nberwo/4188.html} -} - - -@ARTICLE{campbellRainyDay, - author = {Campbell, John Y.}, - title = {Does Saving Anticipate Declining Labor Income? An - Alternative Test of the Permanent Income Hypothesis}, - journal = {Econometrica}, - year = 1987, - volume = 55, - pages = {1249--73}, - note = {\\ \url{http://www.jstor.org/stable/1913556}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/campbellRainyDay.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/campbellRainyDay.pdf:PDF}, - url = {http://www.jstor.org/stable/1913556} -} - -@ARTICLE{cc99, - author = {John Y. Campbell and John H. Cochrane}, - title = {By Force of Habit: A Consumption-Based Explanation - of Aggregate Stock Market Behavior}, - journal = {Journal of Political Economy}, - year = 1999, - volume = 107, - pages = {205--51}, - number = 2 -} - -@INCOLLECTION{Campbell/Makiw:1989, - author = {Campbell, John Y. and Mankiw, Gregory N.}, - title = {Consumption, Income and Interest Rates: - Reinterpreting the Time Series Evidence}, - booktitle = {NBER macroeconomics annual}, - publisher = {MIT Press}, - year = 1989, - editor = {Blanchard, Olivier Jean and Fischer, Stanley}, - pages = {185--216}, - address = {Cambridge, MA} -} - -@INPROCEEDINGS{cmRuleOfThumb, - author = {John Y. Campbell and N. Gregory Mankiw}, - title = {Consumption, Income and Interest Rates: - Reinterpreting the Time Series Evidence}, - booktitle = {NBER Macroeconomics Annual}, - year = 1989, - editor = {Olivier J. Blanchard and Stanley Fischer}, - address = {Cambridge, MA}, - publisher = {MIT Press} -} - -@InCollection{cmModel, - Title = {Consumption, Income, and Interest Rates: - Reinterpreting the Time-Series Evidence}, - Author = {Campbell, John Y. and Mankiw, N. Gregory}, - Booktitle = {NBER Macroeconomics Annual, 1989}, - Publisher = {MIT Press}, - Year = 1989, - Address = {Cambridge, MA}, - Editor = {Blanchard, Olivier J. and Fischer, Stanley}, - Note = {\url{http://www.nber.org/papers/w2924.pdf}}, - Pages = {185--216}, - Owner = {Nic Johnson}, - Url = {http://www.nber.org/papers/w2924.pdf} -} - -@ARTICLE{cmRuleOfThumbIntl, - author = {Campbell, John Y. and Mankiw, N. Gregory}, - title = {The Response of Consumption to Income: A - Cross-Country Investigation}, - journal = {European Economic Review}, - year = 1991, - volume = 35, - number = 4, - pages = {723--67} -} - -@ARTICLE{campbell&shiller:longrun, - author = {Campbell, John Y. and Shiller, Robert J.}, - title = {Valuation Ratios and the Long-Run Stock Market - Outlook}, - journal = {Journal of Portfolio Management}, - year = 1998, - volume = 24, - pages = {11--26} -} - -@BOOK{cvAppendix, - title = {Appendix to `Strategic Asset Allocation: Portfolio - Choice for Long-Term Investors'}, - publisher = {Oxford University Press, USA}, - year = 2002, - author = {Campbell, John Y. and Viceira, Luis M.}, - note = {Available on 2011/01/22 at - \href{http://kuznets.fas.harvard.edu/~campbell/papers/bookapp.pdf}{\texttt{h% - ttp://kuznets.fas.harvard.edu/$\sim$campbell/papers/bookapp.pdf}}}, - bdsk-url-1 = - {http://kuznets.fas.harvard.edu/~campbell/papers/%20bookapp.pdf}, - isbn = 0198296940, - url = {http://kuznets.fas.harvard.edu/~campbell/papers/ - bookapp.pdf} -} - -@ARTICLE{campbell&cochrane:force, - author = {{Campbell, John Y.} and Cochrane, John H.}, - title = {By Force of Habit: A Consumption-Based Explanation - of Aggregate Stock Market Behavior}, - journal = {Journal of Political Economy}, - year = 1999, - volume = 107, - pages = {205--251}, - number = 2, - month = {April} -} - -@ARTICLE{cdp:refinancing, - author = {Canner, Glenn and Dynan, Karen and Passmore, Wayne}, - title = {Mortgage Refinancing in 2001 and Early 2002}, - journal = {Federal Reserve Bulletin}, - year = 2002, - volume = 88, - pages = {469--481S} -} - -@ARTICLE{caplin:aggdemand, - author = {Capli, Andrew S.}, - title = {The Variability of Aggregate Demand With (S,s) - Inventory Policies}, - journal = {Econometrica}, - year = 1985, - volume = 53, - pages = {1395--1409}, - number = 6 -} - -@ARTICLE{caplin&leahy:socialdiscount, - author = {Caplin, Andrew and Leahy, John}, - title = {The Social Discount Rate}, - journal = {Manuscript, Boston University}, - year = 1999 -} - -@ARTICLE{caplin&leahy:durables, - author = {Caplin, Andrew and Leahy, John}, - title = {Durable Goods Cycles}, - journal = {Manuscript, Boston University}, - year = 1997 -} - -@INCOLLECTION{CardarelliEtAl:2008, - author = {Cardarelli, Roberto and Igan, Deniz and Rebucci, - Alessandro}, - title = {The Changing Housing Cycle and the Implications for - Monetary Policy}, - booktitle = {World Economic Outlook}, - publisher = {Washington: International Monetary Fund}, - year = 2008, - chapter = 3 -} - -@TECHREPORT{cir08, - author = {Roberto Cardarelli and Deniz Igan and Alessandro - Rebucci}, - title = {The Changing Housing Cycle and the Implications for - Monetary Policy}, - institution = {International Monetary Fund, April}, - year = 2008, - type = {{World Economic Outlook, 103--133}} -} - -@ARTICLE{cll05, - author = {Raquel Carrasco and Jos{\'}{e} M. Labeaga and - J. David L{\'}{o}pez-Salido}, - title = {Consumption and Habits: Evidence from Panel Data}, - journal = {Economic Journal}, - year = 2005, - volume = 115, - pages = {144--165}, - number = 500 -} - -@ARTICLE{cll:habits, - author = {Carrasco, Raquel and Labeaga, Jos\`{e} M. and - L\`opez-Salido, J. David}, - title = {Consumption and Habits: Evidence from Panel Data}, - journal = {Economic Journal}, - year = 2005, - volume = 115, - pages = {144--165}, - number = 500, - note = {available at \url{http://ideas.repec.org/a/ecj/econjl/v115y2005i500p144-165.html}} -} - -@ARTICLE{carrington:wagelosses, - author = {Carrington, William J.}, - title = {Wage Losses for Displaced Workers}, - journal = {Journal of Human Resources}, - year = 1993, - volume = {XXVIII}, - pages = {435--62}, - number = 3 -} - -@ARTICLE{socialBufferStock, - author = {Carroll, Christopher}, - title = {Social Learning and Buffer Stock Saving}, - journal = {Ongoing research project}, - year = 2008 -} - -@BOOK{ccsCE, - title = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = {Forthcoming (2014)}, - author = {Christopher Carroll and Thomas Crossley and John - Sabelhaus}, - institution = {National Bureau of Economic Research}, - type = {Book}, -} - -@INCOLLECTION{carroll:epidemicinflSFI, - author = {Carroll, Christopher D.}, - title = {The {E}pidemiology of {M}acroeconomic - {E}xpectations}, - booktitle = {The Economy as an Evolving Complex System, III}, - publisher = {Oxford University Press}, - year = 2006, - editor = {Blume, Larry and Durlauf, Steven}, - note = {\href{https://www.econ2.jhu.edu/people/ccarroll/epidemiologySFI.pdf}{[PDF]},\href{https://www.econ2.jhu.edu/people/ccarroll/Epidemiology.zip}{[Code]}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/epidemiologySFI.pdf} -} - -@INPROCEEDINGS{discussgw, - author = {Carroll, Christopher D.}, - title = {Discussion of `Macroeconomic Derivatives: An Initial - Analysis of Market-Based Macro Forecasts, - Uncertainty, and Risk' by Gurkaynak and Wolfers}, - booktitle = {NBER International Seminar on Macroeconomics}, - year = 2005, - editor = {Frankel, Jeffrey B.}, - publisher = {MIT Press}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/discuss/ISOM/gw/2005-06.zip}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/discuss/ISOM/gw/2005-06.zip}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/discuss/ISOM/gw/2005-06.zip} -} - -@INPROCEEDINGS{cdc:discussdk, - author = {Carroll, Christopher D.}, - title = {Discussion of `{T}he {R}ise in {U}.{S}.\ {H}ousehold - {I}ndebtedness: {C}auses and {C}onsequences'}, - booktitle = {Financial Stability and the Economic System - (Proceedings of a Conference at the Reserve Bank of - Australia, August 22, 2007)}, - year = 2007, - editor = {Kent, Christopher}, - note = - {\url{http://www.rba.gov.au/PublicationsAndResearch/Conferences/2007/Dynan_Kohn_disc.pdf}}, - bdsk-url-1 = - {http://www.rba.gov.au/PublicationsAndResearch/Conferences/2007/Dynan_Kohn_disc.pdf}, - url = - {http://www.rba.gov.au/PublicationsAndResearch/Conferences/2007/Dynan_Kohn_disc.pdf} -} - -@INPROCEEDINGS{msClunkersDiscuss, - author = {Carroll, Christopher D.}, - title = {Discussion of ``The Effects of Fiscal Stimulus: - Evidence from the 2009 `Cash for Clunkers' - Program''}, - booktitle = {Monetary Economics Meetings, Fall 2010}, - year = 2010, - editor = {Romer, David and Shapiro, Matthew}, - institution = {National Bureau of Economic Research}, - type = {Discussion} -} - -@ARTICLE{When-FHWC-Holds, - author = {Carroll, Christopher D.}, - year = {Ongoing}, - title = {Mathematica Notebook Illustrating Target Wealth In Cases Where FHWC-TBS Fails}, - journal = {./Code/Mathematica/Examples/ManipulateParameters/When-FHWC-Holds.nb}, - url = {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.zip}, - note = {Download \href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.zip}{archive} and open Mathematica notebook} -} - -@ARTICLE{CRRA-RateRisk, - author = {Carroll, Christopher D.}, - title = {The Merton-Samuelson Model}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/assetpricing/CRRA-RateRisk/}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/AssetPricing/CRRA-RateRisk/} -} - -@INPROGRESS{carroll:learning, - author = {Carroll, Christopher D.}, - title = {Learning About Intertemporal Choice}, - year = {ongoing}, - journal = {Work in Progress} -} - -@INPROGRESS{carroll:stickycons, - author = {Carroll, Christopher D.}, - title = {Sluggish Consumption and Sticky Expectations}, - year = {ongoing}, - journal = {Work in Progress} -} - -@article{RepresentingWithoutRA-0-CFS, - author={Carroll, Christopher D.}, - title={Representing Consumption and Saving Without a Representative Consumer}, - year=2014, - institution={Center for Financial Studies (CFS)}, - journal={CFS Working Paper Series}, - url={http://ideas.repec.org/p/zbw/cfswop/464.html}, - note={At \url{http://ideas.repec.org/p/zbw/cfswop/464.html}}, - volume={464}, - abstract={The Great Recession confirmed a bedrock principle of modern consumption theory: It is impossible to explain aggregate spending behavior without knowledge of the underlying microeconomic distribution of circumstances and choices across households. National accounting frameworks therefore need to be augmented by \"bottom up\" measures that both (a) capture the microeconomic heterogeneity (in expenditures, income, assets, debt, and beliefs) in the population and (b) sum up to statistics that have a recognizable relationship to the aggregate totals that are already reasonably well measured.}, - keywords={National Accounting; Inequality; Distribution}, -} - -@INCOLLECTION{RepresentingWithoutRA, - author = {Christopher D. Carroll}, - title = {Representing Consumption and Saving Without a - Representative Consumer}, - booktitle = {Measuring Economic Sustainability and Progress}, - publisher = {University of Chicago Press}, - year = 2014, - series = {NBER-CRIW Studies in Income and Wealth}, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/papers/RepresentingWithoutRA/}}, - editors = {Dale W.\ Jorgenson and J.\ Steven Landefeld and Paul - Schreyer}, - url = {http://ideas.repec.org/h/nbr/nberch/12824.html}, - abstract={The Great Recession confirmed a bedrock principle of modern consumption theory: It is impossible to explain aggregate spending behavior without knowledge of the underlying microeconomic distribution of circumstances and choices across households. National accounting frameworks therefore need to be augmented by \"bottom up\" measures that both (a) capture the microeconomic heterogeneity (in expenditures, income, assets, debt, and beliefs) in the population and (b) sum up to statistics that have a recognizable relationship to the aggregate totals that are already reasonably well measured.}, -} - -@MISC{MathFacts, - author = {Carroll, Christopher D.}, - title = {Math Facts Useful for Graduate Macroeconomics}, - howpublished = {Online Lecture Notes}, - year = {Current}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/mathfacts/}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/mathfacts/} -} - -@ARTICLE{carroll:nexus, - author = {Carroll, Christopher D.}, - title = {Habits, Precautionary Saving, and the Growth-Saving Nexus}, - journal = {Unpublished Manuscript, Johns Hopkins University}, - year = {{{2000} } - -@article{carroll:nexusinprogress -}} -} - -@ARTICLE{W-Hetero-Fed, - author = {Christopher D. Carroll}, - title = {Implications of Wealth Heterogeneity For - Macroeconomics}, - journal = {Johns Hopkins University Department of Economics - Working Paper Number 597}, - year = 2012, - month = {May}, - note = {Paper for Academic Consultants' Meeting, Board of - Governors of the Federal Reserve System, available - at - \url{https://www.econ2.jhu.edu/people/ccarroll/papers/W-Hetero-Fed.pdf}}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/papers/W-Hetero-Fed.pdf} -} - -@Article{carrollBSTheory, - Title = {Theoretical {F}oundations of {B}uffer {S}tock {S}aving}, - Author = {Carroll, Christopher}, - Journal = {Manuscript, Department of Economics, Johns Hopkins University}, - Year = 2016, - Note = {Available at \url{https://econ-ark.github.io/BufferStockTheory}}, - Url = {https://econ-ark.github.io/BufferStockTheory.pdf}, - status = {Under Revision} -} - -@article{BufferStockTheory, - author = {Christopher D. Carroll}, - journal = {Forthcoming, \emph{Quantitative Economics}}, - note = {Available at \url{https://econ-ark.github.io/BufferStockTheory}}, - title = {Theoretical Foundations of Buffer Stock Saving}, - year = {2020}, - url = {https://econ-ark.github.io/BufferStockTheory.pdf}, -} - -@ARTICLE{carroll:bstheoryNBERWP, - author = {Carroll, Christopher D.}, - title = {Theoretical {F}oundations of {B}uffer {S}tock - {S}aving}, - journal = {NBER Working Paper No.\ 10867}, - year = 2004, - month = {November} -} - -@ARTICLE{carroll:bstheorynourl, - author = {Carroll, Christopher D.}, - title = {Theoretical {F}oundations of {B}uffer {S}tock - {S}aving}, - journal = {Manuscript, Johns Hopkins University}, - year = 2004 -} - -@ARTICLE{carroll:bstheory, - author = {Carroll, Christopher D.}, - title = {Theoretical {F}oundations of {B}uffer {S}tock - {S}aving}, - journal = {NBER Working Paper No. 10867 (Status: Revise and - Resubmit, {\em Quantitative Economics}, 2014)}, - year = 2004, - month = {November}, - note = {Latest version available at - {\url{https://www.econ2.jhu.edu/people/ccarroll/BufferStockTheory.pdf}}} -} - -@ARTICLE{SolvingMicroDSOPs, - author = {Carroll, Christopher D.}, - title = {Solving Microeconomic Dynamic Stochastic - Optimization Problems}, - journal = {Archive, Johns Hopkins University}, - year = 2014, - url = - {https://www.econ2.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}} -} - -@ARTICLE{carroll:mpcperm, - author = {Carroll, Christopher D.}, - title = {Precautionary Saving and the Marginal Propensity to - Consume Out of Permanent Income}, - journal = {Journal of Monetary Economics}, - year = 2009, - volume = 56, - pages = {780--790}, - number = 6, - month = {September}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/MPCPerm}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/papers/MPCPerm.pdf}, - bdsk-url-2 = {http://dx.doi.org/10.1016/j.jmoneco.2009.06.016}, - doi = {http://dx.doi.org/10.1016/j.jmoneco.2009.06.016}, - publisher = {Elsevier}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/papers/MPCPerm.pdf} -} - -@TECHREPORT{carrollTractable, - author = {Carroll, Christopher D.}, - title = {Lecture Notes: A Tractable Model of Buffer Stock - Saving}, - institution = {Johns Hopkins University}, - year = 2016, - note = {At - {\url{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption}}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.pdf} -} - -@ARTICLE{TractableBufferStock, - author = {Carroll, Christopher D.}, - title = {A Tractable Model of Buffer Stock Saving}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf}, - year = 2009, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf} -} - -@Article{carrollIrrational, - Title = {Recent Stock Declines: Panic or the Purge of - `Irrational Exuberance'?}, - Author = {Carroll, Christopher D.}, - Journal = {The Economists' Voice}, - Year = 2008, - Note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/opinion/CampbellShillerReduxFinal.pdf}}, - Volume = 5, - Doi = {10.2202/1553-3832.1462}, - Owner = {Nic Johnson}, - Url = - {https://www.econ2.jhu.edu/people/ccarroll/opinion/CampbellShillerReduxFinal.pdf} -} - -@INCOLLECTION{carroll:consumption, - author = {Carroll, Christopher D.}, - title = {Consumption}, - booktitle = {Encyclopedia Brittanica}, - year = 2007 -} - -@ARTICLE{CARAModelWithYRisk, - author = {Carroll, Christopher D.}, - title = {The CARA Model With Income Risk}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/CARAModelWithY% - Risk.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/CARAModelWithYRisk.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/CARAModelWithYRisk.pdf} -} - -@ARTICLE{ConsAndLaborSupply, - author = {Carroll, Christopher D.}, - title = {Consumption and Labor Supply}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/ConsAndLaborSu% - pply.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/ConsAndLaborSupply.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/ConsAndLaborSupply.pdf} -} - -@ARTICLE{Durables, - author = {Carroll, Christopher D.}, - title = {Spending on Durable and Nondurable Goods}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Durables.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Durables.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/Durables.pdf} -} - -@ARTICLE{Envelope, - author = {Carroll, Christopher D.}, - title = {The Envelope Theorem and the Euler Equation}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/envelope.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/envelope.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/envelope.pdf} -} - -@ARTICLE{GenAcctsAndGov, - author = {Carroll, Christopher D.}, - title = {Generational Accounts and the Government Budget - Constraint}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/GenAcctsAndGov% - .pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/GenAcctsAndGov.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/GenAcctsAndGov.pdf} -} - -@ARTICLE{Habits, - author = {Carroll, Christopher D.}, - title = {Consumption Models with Habit Formation}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Habits.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Habits.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/Habits.pdf} -} - -@ARTICLE{Laibson, - author = {Carroll, Christopher D.}, - title = {Time Inconsistency {\it a la} Laibson}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Laibson.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Laibson.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/Laibson.pdf} -} - -@ARTICLE{OLGModel, - author = {Carroll, Christopher D.}, - title = {The Diamond Overlapping Generations Model}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/OLGModel.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/OLGModel.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/OLGModel.pdf} -} - -@ARTICLE{PerfForesightCRRA, - author = {Carroll, Christopher D.}, - title = {The Perfect Foresight CRRA Consumption Model}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/PerfForesightC% - RRA.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/PerfForesightCRRA.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/PerfForesightCRRA.pdf} -} - -@ARTICLE{RiskAndPSPremia, - author = {Carroll, Christopher D.}, - title = {Risk and Precautionary Premia}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/RiskAndPSPRemi% - a.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/RiskAndPSPRemia.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/RiskAndPSPRemia.pdf} -} - -@ARTICLE{SocSecAndKAccum, - author = {Carroll, Christopher D.}, - title = {Social Security and Capital Accumulation}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/SocSecAndKAccu% - m.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/SocSecAndKAccum.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/SocSecAndKAccum.pdf} -} - -@ARTICLE{carrollEGMNBER, - author = {Carroll, Christopher D.}, - title = {The {M}ethod of {E}ndogenous {G}ridpoints for - {S}olving {D}ynamic {S}tochastic {O}ptimization - {P}roblems}, - journal = {National Bureau of Economic Research Technical - Working Paper No. 309}, - year = 2005, - month = {June}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/EndogenousGridpoints.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/EndogenousGridpoints.pdf} -} - -@TECHREPORT{car04, - author = {Christopher D. Carroll}, - title = {Housing Wealth and Consumption Expenditure}, - institution = {Johns Hopkins University}, - journal = {Paper for Presentation at Academic Consultants' Meeting at the Board of Governors of the Federal Reserve System}, - year = 2004, - type = {mimeo} -} - -@TECHREPORT{car04b, - author = {Carroll, Christopher D.}, - title = {Theoretical Foundations of Buffer Stock Saving}, - institution = {NBER}, - year = 2004, - type = {working paper}, - number = 10867 -} - -@ARTICLE{carroll:fedwealth, - author = {Carroll, Christopher D.}, - title = {Housing Wealth and Consumption Expenditure}, - journal = {Paper Prepared for Briefing of Board of Governors of - the Federal Reserve System}, - year = 2004, - month = {January}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/papers/FedHouseWealthv2.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/papers/FedHouseWealthv2.pdf} -} - -@ARTICLE{Carroll2004, - author = {Carroll, Christopher D.}, - title = {Housing Wealth and Consumption Expenditure}, - journal = {Paper Prepared for Academic Consultants Meeting of - Federal Reserve Board, January 2004}, - year = 2004, - note = {At - {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/FedHouseWealthv2.pdf}}}, - institution = {Johns Hopkins University} -} - -@ARTICLE{carroll:macroexpectjhu, - author = {Carroll, Christopher D.}, - title = {Macroeconomic {E}xpectations of {H}ouseholds and - {P}rofessional {F}orecasters}, - journal = {Johns Hopkins University Department of Economics - Working Papers Number 477}, - year = 2002, - month = {December} -} - -@INCOLLECTION{carroll:richportfolios, - author = {Carroll, Christopher D.}, - title = {Portfolios of the Rich}, - booktitle = {Household Portfolios: Theory and Evidence}, - publisher = {MIT Press}, - year = 2002, - address = {Cambridge, MA}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/richportfolios.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/richportfolios.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/richportfolios.pdf} -} - -@ARTICLE{carroll:atheorynberwp, - author = {Carroll, Christopher D.}, - title = {A Theory of the Consumption Function, With and - Without Liquidity Constraints (Expanded Version)}, - journal = {NBER Working Paper Number W8387}, - year = 2001, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3NBER.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3NBER.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3NBER.pdf} -} - -@ARTICLE{carroll:death, - author = {Carroll, Christopher D.}, - title = {Death to the {L}og-{L}inearized {C}onsumption - {E}uler {E}quation! ({A}nd {V}ery {P}oor {H}ealth - to the {S}econd-{O}rder Approximation)}, - journal = {Advances in Macroeconomics}, - year = 2001, - volume = 1, - pages = {Article 6}, - number = 1, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/death.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/death.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/death.pdf} -} - -@ARTICLE{carroll:deathbepress, - author = {Carroll, Christopher D.}, - title = {Death to the Log-Linearized Consumption Euler - Equation! (And Very Poor Health to the Second-Order - Approximation)}, - journal = {Advances in Macroeconomics}, - year = 2001, - volume = 1, - pages = {Article 6}, - number = 1, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/death.pdf}, - url = {\url{https://www.econ2.jhu.edu/people/ccarroll/death.pdf}} -} - -@ARTICLE{carroll:mpcpermNBER, - author = {Carroll, Christopher D.}, - title = {Precautionary Saving and the Marginal Propensity to - Consume Out of Permanent Income}, - journal = {NBER Working Paper Number W8233}, - year = 2001, - month = {April}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/MPCPermBigNBER.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/MPCPermBigNBER.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/MPCPermBigNBER.pdf} -} - -@INCOLLECTION{carroll:richportfoliosNBERWP, - author = {Carroll, Christopher D.}, - title = {{P}ortfolios of the {R}ich}, - booktitle = {NBER Working Paper No.\ 7826}, - year = 2001, - month = {August} -} - -@ARTICLE{carroll:RiskyHabits, - author = {Carroll, Christopher D.}, - title = {`{R}isky {H}abits' and the {M}arginal {P}ropsensity - to {C}onsume {O}ut of {P}ermanent {I}ncome}, - journal = {International Economic Journal}, - year = 2000, - volume = 14, - pages = {1--41}, - number = 4, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/riskyhabits.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/riskyhabits.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/riskyhabits.pdf} -} - -@ARTICLE{carroll:RiskyHabitsNBERWP, - author = {Carroll, Christopher D.}, - title = {`{R}isky {H}abits' and the {M}arginal {P}ropsensity - to {C}onsume {O}ut of {P}ermanent {I}ncome}, - journal = {NBER Working Paper No. 7839}, - year = 2000 -} - -@ARTICLE{carroll:solvinghabits, - author = {Carroll, Christopher D.}, - title = {Solving Consumption Models with Multiplicative - Habits}, - journal = {Economics Letters}, - year = 2000, - volume = 68, - pages = {67--77}, - number = 1, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/HabitsEconLett.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/HabitsEconLett.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/HabitsEconLett.pdf} -} - -@ARTICLE{carroll:habitstheoryshort, - author = {Carroll, Christopher D.}, - title = {Solving Models with Multiplicative Habits}, - journal = {Manuscript, Johns Hopkins University}, - year = 1999 -} - -@ARTICLE{carroll:riskyhabitsasia, - author = {Carroll, Christopher D.}, - title = {How `{R}isky {H}abits' {C}an {E}xplain a {L}ow - {M}arginal {P}ropensity to {C}onsume {D}uring - {R}ecessions}, - journal = {Invited Paper for Special Issue of International - Economic Journal}, - year = 1999 -} - -@MISC{carroll:macrosolve, - author = {Carroll, Christopher D.}, - title = {Sources and Methods for 'Unemployment Expectations, - Jumping (S,s) Triggers, and Household Balance - Sheets'}, - howpublished = {Web archive}, - year = 1998, - bdsk-url-1 = {http://nber.econ.jhu.edu:8080/People/ccarroll.html}, - url = {http://nber.econ.jhu.edu:8080/People/ccarroll.html} -} - -@ARTICLE{carroll:richsavenberwp, - author = {Carroll, Christopher D.}, - title = {{W}hy {D}o the {R}ich {S}ave {S}o {M}uch?}, - journal = {NBER Working Paper Number 6549}, - year = 1998, - month = {May} -} - -@ARTICLE{carroll:deathNBERWP, - author = {Carroll, Christopher D.}, - title = {{D}eath to the {L}og-{L}inearized {C}onsumption - {E}uler {E}quation! ({A}nd {V}ery {P}oor {H}ealth - to the {S}econd-{O}rder {A}pproximation)}, - journal = {NBER Working Paper No.\ 6298}, - year = 1997 -} - -@ARTICLE{carroll:bslcpihNBERWP, - author = {Carroll, Christopher D.}, - title = {Buffer-{S}tock {S}aving and the {L}ife - {C}ycle/{P}ermanent {I}ncome {H}ypothesis}, - journal = {NBER Working Paper No.\ 5788}, - year = 1996, - month = {October} -} - -@ARTICLE{carroll:howdoesfuture, - author = {Carroll, Christopher D.}, - title = {How Does Future Income Affect Current Consumption?}, - journal = {The Quarterly Journal of Economics}, - year = 1994, - volume = {CIX}, - pages = {111--148}, - number = 1, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/howdoesfuture.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/howdoesfuture.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/howdoesfuture.pdf} -} - -@ARTICLE{carroll:savingdecline, - author = {Carroll, Christopher D.}, - title = {The Decline in {U}.{S}.\ Saving}, - journal = {Forum for Applied Research and Public Policy}, - year = 1993, - volume = 8, - number = 4 -} - -@PHDTHESIS{carroll:phdthesis, - author = {Carroll, Christopher D.}, - title = {Three Essays on Consumption, Income, and Saving}, - school = {MIT}, - year = 1990 -} - -@ARTICLE{carroll&dunn:moredeath, - author = {Carroll, Christopher D. and Dunn, Wendy}, - title = {Euler Equation Estimation With Aggregated Time - Series Data}, - journal = {Work in Progress}, - year = 1999 -} - -@INCOLLECTION{cdSs, - author = {Carroll, Christopher D. and Dunn, Wendy E.}, - title = {Unemployment {E}xpectations, {J}umping ({S},s) - {T}riggers, and {H}ousehold {B}alance {S}heets}, - booktitle = {NBER Macroeconomics Annual, 1997}, - publisher = {MIT Press}, - year = 1997, - editor = {Bernanke, Benjamin S. and Rotemberg, Julio}, - pages = {165--229}, - address = {Cambridge, MA}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/macroann.pdf}; - Methodological Appendix: - \url{https://www.econ2.jhu.edu/people/ccarroll/methods3.pdf}; - Empirical Results and Simulation Programs: - \url{https://www.econ2.jhu.edu/people/ccarroll/cdfiles.html};}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/macroann.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/macroann.pdf} -} - -@ARTICLE{carroll&dunn:methods, - author = {Carroll, Christopher D. and Dunn, Wendy E.}, - title = {Data Sources and Solution Methods for Empirical and - Theoretical Results in 'Unemployment Expectations, - Jumping (S,s) Triggers, and Household Balance - Sheets'}, - journal = {http://econ.jhu.edu/People/CCarroll/carroll.html}, - year = 1998 -} - -@ARTICLE{cdSsNBERWP, - author = {Carroll, Christopher D. and Dunn, Wendy E.}, - title = {{U}nemployment {E}xpectations, {J}umping ({S},s) - {T}riggers, and {H}ousehold {B}alance {S}heets}, - journal = {NBER Working Paper No. 6081}, - year = 1997, - month = {July} -} - -@ARTICLE{cdk:balance, - author = {Carroll, Christopher D. and Dynan, Karen E. and - Krane, Spencer S.}, - title = {Unemployment {R}isk and {P}recautionary {W}ealth: - {E}vidence from {H}ouseholds' {B}alance {S}heets}, - journal = {Review of Economics and Statistics}, - year = 2003, - volume = 85, - number = 3, - month = {August}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf} -} - -@ARTICLE{cdk:balanceFEDS, - author = {Carroll, Christopher D. and Dynan, Karen E. and - Krane, Spencer S.}, - title = {Unemployment {R}isk and {P}recautionary {W}ealth: - {E}vidence from {H}ouseholds' {B}alance {S}heets}, - journal = {Finance and Economics Discussion Series Number - 1999-15, Federal Reserve Board}, - year = 1999, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf} -} - -@ARTICLE{carroll&fratantoni:habits, - author = {Carroll, Christopher D. and Fratantoni, Michael}, - title = {Implications of Habit Formation for Consumption and - Portfolio Choice}, - journal = {Work In Progress}, - year = 1999 -} - -@Article{cfwSentiment, - Title = {Does Consumer Sentiment Forecast Household Spending? - {I}f So, Why?}, - Author = {Carroll, Christopher D. and Fuhrer, Jeffrey C. and - Wilcox, David W.}, - Journal = {American Economic Review}, - Year = 1994, - Note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/SentAERCarrollFuhrerWilcox.pdf}}, - Number = 5, - Pages = {1397-1408}, - Volume = 84, - Owner = {Nic Johnson}, - Url = - {https://www.econ2.jhu.edu/people/ccarroll/SentAERCarrollFuhrerWilcox.pdf}, - score = 20, -} - -@ARTICLE{cj:bufferIntl, - author = {Carroll, Christopher D. and Jeanne, Olivier}, - title = {A Tractable Model of Precautionary Reserves, Net - Foreign Assets, or Soverign Wealth Funds}, - journal = {Work In Progress}, - year = {ongoing} -} - -@Article{CarrollKimballPSPW, - Title = {Precautionary Saving and Precautionary Wealth}, - Author = {Carroll, Christopher D. and Kimball, Miles S.}, - Journal = {Palgrave Dictionary of Economics and Finance, 2nd - Ed.}, - Year = 2007, - Note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/PalgravePrecautionary.pdf}}, - Owner = {Nic Johnson}, - Url = - {https://www.econ2.jhu.edu/people/ccarroll/PalgravePrecautionary.pdf} -} - -@ARTICLE{carroll&kimball:liquidity, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {Liquidity Constraints and Precautionary Saving}, - journal = {Manuscript, Johns Hopkins University}, - year = 2005, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/liquidRevised.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/papers/liquidRevised.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/papers/liquidRevised.pdf} -} - -@ARTICLE{carroll&kimball:liquidityHopkins, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {Liquidity Constraints and Precautionary Saving}, - journal = {Johns Hopkins University Working Paper Number 455}, - year = 2001, - month = {August}, - note = - {\url{http://econ.jhu.edu/pdf/papers/CarrollKimball2001.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/pdf/papers/CarrollKimball2001.pdf}, - url = - {http://econ.jhu.edu/pdf/papers/CarrollKimball2001.pdf} -} - -@ARTICLE{carroll&kimball:liquidityNBERWP, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {Liquidity {C}onstraints and {P}recautionary - {S}aving}, - journal = {NBER Working Paper No. 8496}, - year = 2001 -} - -@INPROGRESS{carrollmaccini:entrepreneurs, - author = {Carroll, Christopher D. and Maccini, Louis J.}, - title = {Entrepreneurial Investment, Consumption Smoothing, and Dividends}, - year = {ongoing}, - journal = {Work in Progress}, - note = {With Louis J. Maccini} -} - -@ARTICLE{cosOzStickyC, - author = {Carroll, Christopher D. and Ossolinski, Crystal and - Slacalek, Jiri}, - title = {Sticky Consumption Growth and Housing Wealth - Effects: Evidence from Australia}, - journal = {Work In Progress}, - year = {ongoing} -} - -@TECHREPORT{co04, - author = {Christopher D. Carroll and Misuzu Otsuka}, - title = {Estimating the Wealth Effect on Consumption}, - institution = {Johns Hopkins University}, - year = 2004, - type = {mimeo} -} - -@TECHREPORT{cosHowLargeorig, - author = {Christopher D. Carroll and Misuzu Otsuka and Jiri - Slacalek}, - title = {What Is the Wealth Effect on Consumption? A New - Approach}, - institution = {Johns Hopkins University}, - year = 2006, - type = {mimeo} -} - -@ARTICLE{cow:habits, - author = {Carroll, Christopher D. and Overland, Jody R. and - Weil, David N.}, - title = {Saving and {G}rowth with {H}abit {F}ormation}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {341--355}, - number = 3, - month = {June}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/AERHabits.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/AERHabits.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/AERHabits.pdf} -} - -@ARTICLE{cow00, - author = {Christopher D. Carroll and Jody R. Overland and - David N. Weil}, - title = {Saving and Growth with Habit Formation}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {341--55}, - number = 3 -} - -@ARTICLE{cow:envy, - author = {Carroll, Christopher D. and Overland, Jody R. and - Weil, David N.}, - title = {Comparison Utility in a Growth Model}, - journal = {Journal of Economic Growth}, - year = 1997, - volume = 2, - pages = {339--367}, - number = 4, - month = {December}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/compare.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/compare.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/compare.pdf} -} - -@ARTICLE{cow:habitsfuhrercite, - author = {Carroll, Christopher D. and Overland, Jody R. and - Weil, David N.}, - title = {Saving and Growth with Habit Formation}, - journal = {FEDS Working Paper \# 95-42}, - year = 1995 -} - -@ARTICLE{crr:census, - author = {Carroll, Christopher D. and Rhee, Changyong and - Rhee, Byungkun}, - title = {Does {C}ultural {O}rigin {A}ffect {S}aving - {B}ehavior? {E}vidence from {I}mmigrants}, - journal = {Economic Development and Cultural Change}, - year = 1999, - volume = 48, - pages = {33--50}, - number = 1, - month = {October}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/censave.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/censave.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/censave.pdf} -} - -@ARTICLE{crr:censusNBERWP, - author = {Carroll, Christopher D. and Rhee, Changyong and - Rhee, Byungkun}, - title = {Does {C}ultural {O}rigin {A}ffect {S}aving - {B}ehavior? {E}vidence from {I}mmigrants}, - journal = {NBER Working Paper No. 6568}, - year = 1998, - month = {May} -} - -@ARTICLE{crr:culture, - author = {Carroll, Christopher D. and Rhee, Changyong and - Rhee, Byungkun}, - title = {Are {T}here {C}ultural {E}ffects on {S}aving? {S}ome - {C}ross-{S}ectional {E}vidence}, - journal = {The Quarterly Journal of Economics}, - year = 1994, - volume = {CIX}, - pages = {685--700}, - number = 3, - month = {August}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/crr-culture-qje.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/crr-culture-qje.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/crr-culture-qje.pdf} -} - -@ARTICLE{carroll&samwick:howbig, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {{H}ow {I}mportant {I}s {P}recautionary {S}aving?}, - journal = {Review of Economics and Statistics}, - year = 1998, - volume = 80, - pages = {410--419}, - number = 3, - month = {August}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/howbig.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/papers/howbig.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/papers/howbig.pdf} -} - -@ARTICLE{carroll&samwick:howbigNBERWP, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {{H}ow {I}mportant {I}s {P}recautionary {S}aving?}, - journal = {NBER Working Paper No. 5194}, - year = 1995, - month = {July} -} - -@ARTICLE{carroll&samwick:natureNBERWP, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The {N}ature of {P}recautionary {W}ealth}, - journal = {NBER Working Paper No. 5193}, - year = 1995, - month = {July} -} - -@ARTICLE{carroll&samwick:naturewp, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The Nature of Precautionary Wealth}, - journal = {Manuscript, The Johns Hopkins University}, - year = 1995 -} - -@TECHREPORT{cs:stickyExp, - author = {Christopher D. Carroll and Jiri Slacalek}, - title = {Sticky Expectations and Consumption Dynamics}, - institution = {Johns Hopkins University}, - year = 2006, - type = {mimeo} -} - -@ARTICLE{cosHousing, - author = {Carroll, Christopher D. and Slacalek, Jiri and - Otsuka, Misuzu}, - title = {How Large Is the Housing Wealth Effect? A New - Approach}, - journal = {NBER Working Paper Number 12746}, - year = 2006, - month = {December}, - note = {\url{http://www.nber.org/papers/w12746}}, - bdsk-url-1 = {http://www.nber.org/papers/w12746}, - url = {http://www.nber.org/papers/w12746} -} - -@TECHREPORT{css:epid2, - author = {Christopher D. Carroll and Jiri Slacalek and Martin - Sommer}, - title = {International Evidence on Sticky Consumption - Dynamics}, - institution = {Johns Hopkins University}, - year = {in progress}, - type = {mimeo} -} - -@ARTICLE{cssUSSaving, - author = {Carroll, Christopher D. and Jiri Slacalek and Martin - Sommer}, - title = {Dissecting Saving Dynamics: Measuring Wealth, - Precautionary, and Credit Effects}, - journal = {Manuscript, Johns Hopkins University}, - year = 2019, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cssUSSaving/}}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/papers/cssUSSaving/} -} - -@TECHREPORT{css:epid, - author = {Christopher D. Carroll and Jiri Slacalek and Martin - Sommer}, - title = {The Epidemiology of Consumption}, - institution = {Johns Hopkins University}, - year = 2005, - type = {mimeo} -} - -@TECHREPORT{carroll&slacalek&tokuoka:stickyex, - author = {Carroll, Christopher D. and Slacalek, Jiri and - Tokuoka, Kiichi}, - title = {Sticky Expectations and Consumption Dynamics}, - year = {in progress}, - journal = {Manuscript} -} - -@TECHREPORT{cstMPC, - author = {Christopher D. Carroll and Jiri Slacalek and Kiichi - Tokuoka}, - title = {The Distribution of Wealth and the Marginal - Propensity to Consume}, - institution = {Johns Hopkins University}, - year = 2013, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/papers/cstMPC}}, -} - -@article{cstMPCxc, - title = {The Distribution of Wealth and the MPC: Implications - of New European Data}, - author = {Carroll, Christopher D. and Slacalek, Jiri and - Tokuoka, Kiichi}, - journal = {The American Economic Review}, - volume = 104, - number = 5, - pages = {107--111}, - year = 2014, - publisher = {American Economic Association}, - note = {At - \href{https://www.econ2.jhu.edu/people/ccarroll/papers/cstMPCxc}{\texttt{https://www.econ2.jhu.edu/people/ccarroll/papers/cstMPCxc}}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/cstMPCxc} -} - -@TECHREPORT{cst:BSinKS, - author = {Christopher D. Carroll and Jiri Slacalek and Kiichi - Tokuoka}, - title = {Digestible Microfoundations: Buffer-Stock Saving in - a Krussel--Smith World}, - institution = {Johns Hopkins University}, - year = 2011, - type = {mimeo} -} - -@ARTICLE{carroll&sommer:epidemiology, - author = {Carroll, Christopher D. and Sommer, Martin}, - title = {Dynamics of Aggregate Consumption in an - Epidemiological Model}, - journal = {Manuscript, Johns Hopkins University}, - year = 2004 -} - -@Incollection{sswNAIRU, - author = {Staiger, Douglas and James H. Stock and Mark W. Watson}, - title = {Prices Wages and the US NAIRU in the 1990s}, - year = {2001}, - booktitle = {The Roaring Nineties: Can Full Employment Be Sustained?}, - editor = {Alan B. Krueger and Robert Solow}, - publication = {type}, - publisher = {The Russell Sage Foundation and Century Press}, - address = {New York} -} - -@ARTICLE{cssIntlStickyC, - author = {Carroll, Christopher D. and Sommer, Martin and Slacalek, Jiri}, - title = {International Evidence on Sticky Consumption Growth}, - journal = {Review of Economics and Statistics}, - year = 2011, - volume = 93, - pages = {1135--1145}, - number = 4, - month = {October}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cssIntlStickyC/}}, - URL = { https://doi.org/10.1162/REST_a_00122}, - abstract = {This paper estimates the degree of stickiness in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness parameter of about 0.7 on average across countries. The sticky consumption growth model outperforms the random walk model of Hall (1978) and typically fits the data better than the popular Mankiw (1989) model, though in a few countries, the sticky consumption growth and Campbell-Mankiw models work about equally well. }, -doi = {10.1162/REST\_a\_00122}, -eprint = { https://doi.org/10.1162/REST_a_00122 } -} - - -@ARTICLE{cssIntlStickyCJHU, - author = {Carroll, Christopher D. and Sommer, Martin and - Slacalek, Jiri}, - title = {International Evidence on Sticky Consumption Growth}, - journal = {Johns Hopkins University Working Paper Number 542}, - year = 2008, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cssIntlStickyC/}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/papers/cssIntlStickyC.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/papers/cssIntlStickyC.pdf} -} - -@InCollection{carroll&summers:cparallelsy, - Title = {Consumption Growth Parallels Income Growth: Some New - Evidence}, - Author = {Carroll, Christopher D. and Summers, Lawrence H.}, - Booktitle = {National Saving and Economic Performance}, - Publisher = {Chicago University Press}, - Year = 1991, - Address = {Chicago}, - Editor = {{B.~Douglas Bernheim} and {John B. Shoven}}, - Note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/CParallelsY.pdf}}, - Owner = {Nic Johnson}, - Url = - {https://www.econ2.jhu.edu/people/ccarroll/papers/CParallelsY.pdf} -} - -@ARTICLE{carroll&summers:jme, - author = {Carroll, Christopher D. and Summers, Lawrence H.}, - title = {Why Have Private Saving Rates in the US and Canada - Diverged?}, - journal = {Journal of Monetary Economics}, - year = 1987, - volume = 20, - pages = {249--279}, - number = 2, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/CarrollSummersJME.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/papers/CarrollSummersJME.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/papers/CarrollSummersJME.pdf} -} - -@INPROGRESS{BSSinDGE, - author = {Carroll, Christopher D. and Tokuoka, Kiichi}, - title = {JEDC Project on Benchmark Solutions to Heterogeneous Agents Models}, - year = {Expected publication in {\it Journal of Economic Dynamics and Control}, - 2009}, - journal = {Buffer Stock Saving in Krusell-Smith General Equilibrium}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/BSSinDGE}, - url = {https://www.econ2.jhu.edu/people/ccarroll/BSSinDGE} -} - -@ARTICLE{ctJEDC, - author = {Carroll, Christopher D. and Tokuoka, Kiichi}, - title = {Buffer Stock Saving In Rational Expectations General - Equilibrium}, - journal = {Journal of Economic Dynamics and Control}, - year = 2009 -} - -@ARTICLE{carroll&vermulen:precautionarymultiplier, - author = {Carroll, Christopher D. and Vermulen, Koen}, - title = {The Precautionary Multiplier}, - journal = {Work in Progress}, - year = {2000-present} -} - -@ARTICLE{carroll&weil:habits, - author = {Carroll, Christopher D. and Weil, David N.}, - title = {Habits and Saving: Theory and Evidence}, - journal = {Work in Progress}, - year = 1997 -} - -@ARTICLE{carroll&weil:crcs, - author = {Carroll, Christopher D. and Weil, David N.}, - title = {Saving and {G}rowth: {A} {R}einterpretation}, - journal = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - volume = 40, - pages = {133--192}, - month = {June}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/CarrollWeilSavingAndGrowth.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/CarrollWeilSavingAndGrowth.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/CarrollWeilSavingAndGrowth.pdf} -} - -@ARTICLE{carroll&weil:crcsNBERWP, - author = {Carroll, Christopher D. and Weil, David N.}, - title = {Saving and {G}rowth: {A} {R}einterpretation}, - journal = {NBER Working Paper No. 4470}, - year = 1993, - month = {September} -} - -@TECHREPORT{cqsUpdate, - author = {Case, Karl E. and Quigley, John M. and Shiller, - Robert J.}, - title = {Wealth Effects Revisited 1978-2009}, - institution = {Cowles Foundaion for Reserch in Economics, Yale - University}, - year = 2011, - type = {Cowles Foudation Discussion Paper}, - number = 1784, - month = {February} -} - -@ARTICLE{cqs05, - author = {Karl E. Case and John M. Quigley and Robert - J. Shiller}, - title = {Comparing Wealth Effects: The Stock Market Versus - the Housing Market}, - journal = {Advances in Macroeconomics}, - year = 2005, - volume = 5, - pages = {1--32}, - number = 1 -} - -@ARTICLE{cqs:housing, - author = {Case, Karl E. and Quigley, John M. and Shiller, - Robert J.}, - title = {Home-buyers, Housing and the Macroeconomy}, - journal = {Reserve Bank of Australia Conference on Asset Prices - and Monetary Policy Papers}, - year = 2003 -} - -@ARTICLE{cqs:wealtheffects, - author = {Case, Karl E. and Quigley, John M. and Shiller, - Robert J.}, - title = {Comparing Wealth Effects: The Stock Market Versus - the Housing Market}, - journal = {Institute of Business and Economic Research Working - Paper No. W01-004}, - year = 2003, - month = {May} -} - -@TECHREPORT{cqs01, - author = {Karl E. Case and John M. Quigley and Robert - J. Shiller}, - title = {Comparing Wealth Effects: The Stock Market Versus - the Housing Market}, - institution = {NBER}, - year = 2001, - type = {working paper} -} - -@ARTICLE{cs03, - author = {Karl E. Case and Robert J. Shiller}, - title = {Is There a Bubble in the Housing Market? An - Analysis}, - journal = {Brookings Papers on Economic Activity}, - year = 2003, - volume = 2003, - pages = {299--342}, - number = 2 -} - -@INCOLLECTION{csCPIReq, - author = {Casey, William and Sara Stanley}, - title = {Consumer Price Index Requirements of the Consumer - Expenditure Surveys}, - booktitle = {Forthcoming in {\it Improving the Measurement of - Household Expenditures}}, - publisher = {Chicago: University of Chicago Press}, - year = 2013, - editors = {Christopher Carroll, Thomas Crossley, and John - Sabelhaus} -} - -@ARTICLE{cass:growth, - author = {Cass, David}, - title = {Optimum growth in an aggregative model of capital - accumulation}, - journal = {Review of Economic Studies}, - year = 1965, - volume = 32, - pages = {233--240} -} - -@TECHREPORT{cal96, - author = {Cassou, Steven P. and Lansing, Kevin J.}, - title = {Growth Effects of a Flat Tax}, - institution = {Federal Reserve Bank of Cleveland}, - year = 1996, - type = {working paper}, - number = 9615 -} - -@ARTICLE{castaneda, - author = {Castaneda, Ana and Diaz-Gimenez, Javier and - Rios-Rull, Jose-Victor}, - title = {Accounting for the U.S.\ Earnings and Wealth - Inequality}, - journal = {Journal of Political Economy}, - year = 2003, - volume = 111, - pages = {818--857}, - number = 4, - month = {August} -} - -@TECHREPORT{cgp04, - author = {Catte, Pietro and Girouard, Nathalie and Price, - Robert and Andre, Christophe}, - title = {Housing Market, Wealth and the Business Cycle}, - institution = {OECD}, - year = 2004, - type = {working paper}, - number = 17 -} - -@ARTICLE{ces:nearly, - author = {Cavanagh, Christopher L. and Elliott, Graham and - Stock, James H.}, - title = {Inference in Models with Nearly Integrated - Regressors}, - journal = {Econometric Theory}, - year = 1995, - volume = 11, - pages = {1131--1147}, - number = 5 -} - -@TECHREPORT{cd04, - author = {Steven Cechetti and Guy Debelle}, - title = {Has the Inflation Process Changed?}, - institution = {Brandeis University}, - year = 2004, - type = {mimeo} -} - -@TECHREPORT{challe&ragot:precautionaryS, - author = {Edouard Challe and Xavier Ragot}, - title = {Precautionary Saving over the Business Cycle}, - institution = {Paris School of Economics}, - year = 2012, - type = {mimeo} -} - -@INCOLLECTION{chamberlain:paneldata, - author = {Chamberlain, Gary}, - title = {Panel Data}, - booktitle = {Handbook of Econometrics}, - publisher = {North-Holland}, - year = 1984, - editor = {Griliches, Zvi and Intriligator, Michael}, - address = {Amsterdam} -} - -@ARTICLE{cw:cUnderUncert, - author = {Chamberlain, Gary and Wilson, Charles A.}, - title = {Optimal Intertemporal Consumption Under Uncertainty}, - journal = {Review of Economic Dynamics}, - year = 2000, - volume = 3, - pages = {365--395}, - number = 3 -} - -@TECHREPORT{clpChinaSaving, - author = {Chamon, Marcos and Liu, Kai and Prasad, Eswar S.}, - title = {Income Uncertainty and Household Savings in China}, - institution = {National Bureau of Economic Research}, - year = 2010, - journal = {NBER Working Paper No.\ 16565} -} - -@ARTICLE{cpChina, - author = {Chamon, Marcus D. and Prasad, Eswar S.}, - title = {Why Are Saving Rates of Urban Households in China - Rising?}, - journal = {American Economic Journal: Macroeconomics}, - year = 2010, - volume = 2, - pages = {93--130}, - number = 1, - note = {Available at - \url{http://www.aeaweb.org/articles.php?doi=10.1257/mac.2.1.93}}, - bdsk-file-1 = - {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}, - date-modified ={2011-10-14 10:57:33 -0400}, - issn = {1945-7707}, - publisher = {American Economic Association} -} - -@MISC{cck:opttax, - author = {Chari, V.~V., Laurence J. Christiano and Kehoe, - Patrick J.}, - title = {Dynamic {R}amsey Taxation in a Stochastic Growth - Model}, - howpublished = {Working Paper}, - year = 1990 -} - -@ARTICLE{cckDevil, - author = {Chari, V.~V. and Christiano, Lawrence and Kehoe, - Patrick}, - title = {Facts and Myths About the Financial Crisis of 2008}, - journal = {Federal Reserve Bank of Minneapolis Working Paper - Number 666}, - year = 2008, - month = {October} -} - -@comment{chariKehoeMcGrattan:critiqueOld} -@TECHREPORT{ckmCritique, - author = {V. V. Chari and Patrick J. Kehoe and Ellen - R. McGrattan}, - title = {A Critique of Structural VARs Using Real Business - Cycle Theory}, - institution = {Federal Reserve Bank of Minneapolis}, - year = 2005, - type = {working paper}, - number = 631 -} - -@TECHREPORT{ch95, - author = {Robert S. Chase}, - title = {Women's Labor Force Participation during and after - {C}ommunism: {A} Study of the {C}zech {R}epublic and - {S}lovakia}, - institution = {Economic Growth Center, Yale University}, - year = 1995, - type = {discussion paper}, - number = 768 -} - -@ARTICLE{chen&white:nonparametric, - author = {Chen, Xiaohong and White, Halbert}, - title = {Nonparametric Adaptive Learning with Feedback}, - journal = {Journal of Economic Theory}, - year = 1998, - volume = 82, - pages = {190--222} -} - -@TECHREPORT{chetty:commit, - author = {Chetty, Raj}, - title = {Consumption Commitments, Unemployment Durations, and - Local Risk Aversion}, - institution = {National Bureau of Economic Research, Inc}, - year = 2004, - month = jan -} - -@ARTICLE{cflnoCrowdout, - author = {Raj Chetty and John N. Friedman and Soren - Leth-Petersen and Torben Heien Nielsen and Tore - Olsen}, - title = {Active Vs. Passive Decisions And Crowd-Out In - Retirement Savings Accounts: Evidence From Denmark}, - journal = {Manuscript, Harvard University}, - year = 2012, - month = {December}, - note = - {\url{http://obs.rc.fas.harvard.edu/chetty/crowdout.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cflnoCrowdout.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cflnoCrowdout.pdf:PDF}, - url = {http://obs.rc.fas.harvard.edu/chetty/crowdout.pdf} -} - -@TECHREPORT{chettySzeidlHabits, - author = {Raj Chetty and Adam Szeidl}, - title = {Consumption Commitments: Neoclassical Foundations - for Habit Formation}, - institution = {University of California, Berkeley}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{szeidl&chetty:commitments, - author = {Chetty, Raj and Szeidl, Adam}, - title = {Consumption Commitments and Asset Prices}, - journal = {Manuscript, Harvard University}, - year = 2003 -} - -@TECHREPORT{ceiForensic, - author = {Menzie D. Chinn and Barry Eichengreen and Hiro Ito}, - title = {A Forensic Analysis of Global Imbalances}, - institution = {National Bureau of Economic Research}, - year = 2011, - type = {Working Paper}, - number = 17513, - month = {October}, - abstract = {We examine whether the behavior of current account - balances changed in the years preceding the global - crisis of 2008-09, and assess the prospects for - global imbalances in the post-crisis period. Changes - in the budget balance are an important factor - affecting current account balances for deficit - countries such as the U.S. and the U.K. The effect - of the “saving glut variables” on current account - balances has been relatively stable for emerging - market countries, suggesting that those factors - cannot explain the bulk of their recent current - account movements. We also find the 2006-08 period - to constitute a structural break for emerging market - countries, and to a lesser extent, for - industrialized countries. We attribute the anomalous - behavior of pre-crisis current account balances to - stock market performance and real housing - appreciation; fiscal procyclicality and the stance - of monetary policy do not matter as much. Household - leverage also appears to explain some of the - standard model’s prediction errors. Looking - forward, U.S., fiscal consolidation alone cannot - induce significant deficit reduction. For China, - financial development might help shrink its current - account surplus, but only when it is coupled with - financial liberalization. These findings suggest - that unless countries implement substantially more - policy change, global imbalances are unlikely to - disappear.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ceiForensic.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ceiForensic.pdf:PDF}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w17513} -} - -@ARTICLE{cpCAPI, - author = {Cho, Moon J. and Carolyn M. Pickering}, - title = {Effect of Computer-Assisted Personal Interviews in - the U.S.}, - journal = {Manuscript, Bureau of Labor Statistics}, - year = 2006, - note = {\url{http://www.bls.gov/osmr/pdf/st060200.pdf}}, - file = {cpCAPI.pdf:cpCAPI.pdf:PDF}, - url = {http://www.bls.gov/osmr/pdf/st060200.pdf} -} - -@ARTICLE{christiano:lq, - author = {Christiano, Lawrence~J.}, - title = {Solving the Stochastic Growth Model by Linear - Quadratic Approximation and by Value-Function - Iteration}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {23--26}, - number = 1 -} - -@ARTICLE{CEM, - author = {Christiano, Lawrence J. and Eichenbaum, Martin and - Marshall, David}, - title = {The permanent Income Hypothesis Revisited}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {397--423}, - number = 2, - month = {Mar.}, - file = {:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/#F#:Djvu} -} - -@ARTICLE{cee:habits, - author = {Christiano, Laurence J. and Eichenbaum, Martin and - Evans, Charles L.}, - title = {Nominal Rigidities and the Dynamic Effects of a - Shock to Monetary Policy}, - journal = {Journal of Political Economy}, - year = 2005, - volume = 113, - pages = {1--45}, - number = 1, - month = {February} -} - -@MISC{christiano&eichenbaum:rbc, - author = {{Christiano, Lawrence J.} and {Martin Eichenbaum}}, - title = {Current Real Business Cycle Theories and Aggregate - Labor Market Fluctuations}, - howpublished = {Institute for Empirical Economics Discussion Paper - 24, Federal Reserve Bank of Minneapolis and - University of Minnesota}, - year = 1990 -} - -@ARTICLE{Ciccone:2002, - author = {Ciccone, Antonio}, - title = {Agglomeration effects in Europe}, - journal = {European Economic Review}, - year = 2002, - volume = 46, - pages = {213--227}, - number = 2, - month = {February} -} - -@ARTICLE{CicconeHall:1996, - author = {Ciccone, Antonio and Hall, Robert E.}, - title = {Productivity and the Density of Economic Activity}, - journal = {The American Economic Review}, - year = 1996, - volume = 86, - pages = {54--70}, - number = 1, - month = {March} -} - -@ARTICLE{claridaMeaCulpa, - author = {Clarida, Richard H}, - title = {What Has—and Has Not—Been Learned about Monetary - Policy in a Low-Inflation Environment? A Review of - the 2000s}, - journal = {Journal of Money, Credit and Banking}, - year = 2012, - volume = 44, - pages = {123--140}, - number = {s1}, - publisher = {Wiley Online Library} -} - -@ARTICLE{Clark/Wincoop:2001, - author = {Clark, Todd E. and van Wincoop, Eric}, - title = {Borders and Business Cycles}, - journal = {Journal of International Economics}, - year = 2001, - volume = 55, - pages = {59--85} -} - -@ARTICLE{cgm:lcportfolio, - author = {Cocco, Joao and Gomes, Francisco J. and Maenhout, - Pascal J.}, - title = {Consumption and Portfolio Choice Over the Life - Cycle}, - journal = {Manuscript, Harvard University}, - year = 1998 -} - -@ARTICLE{cochrane:uncertainfacts, - author = {Cochrane, John H.}, - title = {Where Is the Market Going? Uncertain Facts and Novel - Theories}, - journal = {NBER Working Paper Number 6207}, - year = 1998 -} - -@ARTICLE{cochrane:permgnp, - author = {Cochrane, John H.}, - title = {Permanent and Transitory Components of GNP and Stock - Prices}, - journal = {Quarterly Journal of Economics}, - year = 1994, - volume = 109, - pages = {241--265}, - number = 1 -} - -@ARTICLE{cochrane:nearrational, - author = {Cochrane, John H.}, - title = {The Sensitivity of Tests of the Intertemporal - Allocation of Consumption to Near-Rational - Alternatives}, - journal = {American Economic Review}, - year = 1991, - volume = 79, - pages = {319--37} -} - -@ARTICLE{cochrane:simpletest, - author = {Cochrane, John H.}, - title = {A Simple Test of Consumption Insurance}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {957--76} -} - -@ARTICLE{chk:ussav, - author = {Cohen, Darrel and Hassett, Kevin and Kennedy, James}, - title = {Are U.S. Investment and Capital Stocks at Optimal - Levels?}, - journal = {Finance and Economics Discussion Series Paper 95-32}, - year = 1995 -} - -@ARTICLE{laibsonNeuro, - author = {Cohen, Jonathan D. and Laibson, David and - Loewenstein, George and McClure, Samuel M.}, - title = {Separate Neural Systems Value Immediate and Delayed - Monetary Rewards}, - journal = {Science}, - year = 2004, - volume = 306, - month = {October} -} - -@ARTICLE{coi06, - author = {Olivier Coibion}, - title = {Inflation Inertia in Sticky Information Models}, - journal = {Contributions to Macroeconomics}, - year = 2006, - volume = 6, - pages = {1--29}, - number = 1, - note = - {http://www.bepress.com/bejm/contributions/vol6/iss1/art1} -} - -@ARTICLE{cmp:socialnorms, - author = {Cole, Harold L. and Mailath, George J. and - Postlewaite, Andrew}, - title = {Social Norms, Savings Behavior, and Growth}, - journal = {Journal of Political Economy}, - year = 1992, - volume = 100, - pages = {1092--125}, - number = 6 -} - -@ARTICLE{coleman:alg, - author = {Coleman, Wilbur~J.}, - title = {Solving the Stochastic Growth Model by - Policy-Function Iteration}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {27--31}, - number = 1 -} - -@MISC{coleman:algorig, - author = {Coleman, W.~J.}, - title = {An Algorithm to Solve Dynamic Models}, - howpublished = {Board of Governors of the Federal Reserve System - International Finance Discussion Papers Number~351}, - year = 1989 -} - -@ARTICLE{ssfReport, - author = {Stiglitz, Joseph E. and Sen, Amartya and Fitoussi, J.P.}, - title = {Report By The Commission On The Measurement Of - Economic Performance And Social Progress}, - journal = {The Commission}, - year = 2009 -} - -@TECHREPORT{cboIncomeShares, - author = {{Congressional Budget Office}}, - title = {Trends in the Distribution of Household Income - Between 1979 and 2007}, - institution = {CBO}, - year = 2011, - month = {October}, - note = - {\url{http://www.cbo.gov/sites/default/files/cbofiles/attachments/10-25-HouseholdIncome.pdf}}, - url = - {http://www.cbo.gov/sites/default/files/cbofiles/attachments/10-25-HouseholdIncome.pdf} -} - -@ARTICLE{constantinidesHabits, - author = {George M. Constantinides}, - title = {Habit Formation: A Resolution of the Equity Premium - Puzzle}, - journal = {Journal of Political Economy}, - year = 1990, - volume = 98, - pages = {519--543}, - number = 3, - month = {June} -} - -@ARTICLE{cdm:junior, - author = {Constantinidies, George M. and Donaldson, John - B. and Mehra, Rajnish}, - title = {Junior Can't Borrow: A New Perspective on the Equity - Premium Puzzle}, - journal = {NBER Working Paper No.\ 6617}, - year = 1998 -} - -@PHDTHESIS{corneliImbalances, - author = {Corneli, Flavia}, - title = {Global Imbalances: Saving and Investment Imbalances}, - school = {European University Institute}, - year = 2011 -} - -@ARTICLE{CoulibalyLiMortgage, - author = {Coulibaly, Brahima and Li, Geng}, - title = {Do Homeowners Increase Consumption after the Last - Mortgage Payment? An Alternative Test of the - Permanent Income Hypothesis}, - journal = {The Review of Economics and Statistics}, - year = 2006, - volume = 88, - pages = {10--19}, - number = 1, - month = {February}, - bdsk-url-1 = - {http://www.ingentaconnect.com/content/mitpress/restat/2006/2000000088/00000001/art00002}, - bdsk-url-2 = {http://dx.doi.org/10.1162/003465306775565693}, - doi = {doi: 10.1162/003465306775565693}, - issn = {0034-6535}, - publisher = {MIT Press}, - url = - {http://www.ingentaconnect.com/content/mitpress/restat/2006/ - 00000088/00000001/art00002} -} - -@INBOOK{ceaSaving, - chapter = 4, - title = {The Economic Report of the President, 2010}, - publisher = {Government Printing Office}, - year = 2010, - author = {{Council~of~Economic~Advisers}} -} - -@TECHREPORT{csSavingGenes, - author = {Cronqvist, Henrik and Siegel, Stephan}, - title = {The Origins of Savings Behavior}, - institution = {Institute for Financial Research}, - year = 2010, - type = {SIFR Research Report Series}, - number = 73, - abstract = {What are the origins of individual savings behavior? - Using data on identical and fraternal twins matched - with data on their savings behavior, we find that an - individual's savings propensity is governed by both - genetic predispositions, social transmission from - parents to their children, and gene-environment - interplay where certain environments moderate - genetic influences. Genetic variation explains about - 35 percent of the variation in savings rates across - individuals, and this genetic effect is stronger in - less constraining, high socioeconomic status - environments. Parent-child transmission influences - savings for young individuals and those who grew up - in a family environment with less competition for - parental resources. Individual-specific life - experiences is a very important explanation for - behavior in the savings domain, and strongest in - urban communities. In a world progressing rapidly - towards individual retirement savings autonomy, - understanding the origins of individuals' savings - behavior are of key importance to economists as well - as policy makers.}, - bdsk-url-1 = {http://econpapers.repec.org/RePEc:hhs:sifrwp:0073}, - keywords = {Savings; Consumption; Behavioral Genetics}, - url = {http://econpapers.repec.org/RePEc:hhs:sifrwp:0073} -} - -@ARTICLE{croushore:evaluating, - author = {Croushore, Dean}, - title = {Evaluating Inflation Forecasts}, - journal = {Manuscript, Federal Reserve Bank of Philadelphia}, - year = 2001 -} - -@ARTICLE{croushore:spfisgood, - author = {Croushore, Dean}, - title = {Evaluating Inflation Forecasts}, - journal = {Federal Reserve Bank of Philadelphia Working Paper - Number 98-14}, - year = 1998 -} - -@ARTICLE{Crucini:1999, - author = {Crucini, Mario J.}, - title = {On international and national dimensions of risk - sharing}, - journal = {The Review of Economics and Statistics}, - year = 1999, - volume = 81, - pages = {73--84}, - number = 1, - month = {Feb.} -} - -@ARTICLE{chh:reconsider, - author = {Cummins, Jason G. and Hassett, Kevin A. and Hubbard, - R. Glenn}, - title = {A Reconsideration of Investment Behavior Using Tax - Reforms as Natural Experiments}, - journal = {Brookings Papers on Economic Activity}, - year = 1994, - volume = 2, - pages = {1--59}, - note = {Available at { - \url{http://ideas.repec.org/p/nbr/nberre/1946.html}}} -} - -@ARTICLE{curtin:inflsurvart, - author = {Curtin, Richard T.}, - title = {Procedure to Estimate Price Expectations}, - journal = {Manuscript, University of Michigan Survey Research - Center}, - year = 1996 -} - -@ARTICLE{Curtinetal:1989, - author = {Curtin, Richard T. and Juster, F. Thomas and Morgan, - James N.}, - title = {Survey Estimates of Wealth: An Assessment of - Quality}, - journal = {The Measurement of Saving, Investment and Wealth}, - year = 1989, - volume = 52, - pages = {473--548}, - publisher = {National Bureau of Economic Research}, - series = {Studies in Income and Wealth} -} - -@ARTICLE{cutleretc:brookings, - author = {Cutler, David M. and Poterba, James M. and Sheiner, - Louise M. and Summers, Lawrence H.}, - title = {An Aging Society: Opportunity or Challenge?}, - journal = {Brookings Papers on Economic Activity, 1990:2}, - year = 1990 -} - -@ARTICLE{cfInequality, - author = {Barry Z. Cynamon and Steven M. Fazzari}, - title = {Inequality and Household Finance During the Consumer - Age}, - journal = {Working Paper, Washington University in St Louis}, - year = 2013, - month = {January} -} - -@ARTICLE{softCarp, - author = {D.A. Aruliah, C. Titus Brown, Neil P. Chue Hong, - Matt Davis, Richard T. Guy, Steven H.D. Haddock, - Katy Huff, Ian Mitchell, Mark Plumbley, Ben Waugh, - Ethan P. White, Greg Wilson, and Paul Wilson}, - title = {Best Practices for Scientific Computing}, - journal = {The Intertubes}, - year = 2012, - url = - {http://software-carpentry.org/blog/2012/10/best-practices-for-scientific-computing.html} -} - -@ARTICLE{ddfs08, - author = {D{\"}opke, J{\"}org and Dovern, Jonas and Fritsche, - Ulrich and Slacalek, Jiri}, - title = {The Dynamics of European Inflation Expectations}, - journal = {The B.E. Journal of Macroeconomics (Topics)}, - year = 2008, - volume = 8, - pages = {Article 12}, - number = 37 -} - -@TECHREPORT{ddfs05, - author = {D{\"}opke, J{\"}org and Dovern, Jonas and Fritsche, - Ulrich and Slacalek, Jiri}, - title = {European Inflation Expectation Dynamics}, - institution = {Deutsche Bundesbank}, - year = 2005, - type = {Deutsche Bundesbank discussion paper}, - number = 37 -} - -@ARTICLE{dardanoni:crosssection, - author = {Dardanoni, Valentino}, - title = {Precautionary Savings Under Income Uncertainty: A - Cross-Section Analysis}, - journal = {Applied Economics}, - year = 1991, - volume = 23, - pages = {153--160} -} - -@TECHREPORT{dav01, - author = {Melissa Davey}, - title = {Mortgage Equity Withdrawal and Consumption}, - institution = {{Bank of England, 100--103}}, - year = 2001, - type = {Quarterly Bulletin: Spring}, - pages = {100--103} -} - -@ARTICLE{dhsyECM, - author = {DAVIDSON, J. E. H. and HENDRY, DAVID F. and SRBA, - FRANK and YEO, STEVEN}, - title = {Econometric Modeling of the Aggregate Time-series - Relationship Between Consumer's Expenditure and - Income in the United Kingdom}, - journal = {Economic Journal}, - year = 1978, - volume = 88, - pages = {661--692} -} - -@TECHREPORT{davisMartinHousing, - author = {Morris A. Davis and Robert F. Martin}, - title = {Housing, House Prices, and the Equity Premium - Puzzle}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2005, - type = {Finance and Economics Discussion Series}, - number = 13 -} - -@TECHREPORT{dp01, - author = {Morris A. Davis and Michael G. Palumbo}, - title = {A Primer on the Economics and Time Series - Econometrics of Wealth Effects}, - institution = {Federal Reserve Board}, - year = 2001, - type = {FEDS working paper}, - number = 9 -} - -@TECHREPORT{davis&heathcote:landprices, - author = {Morris Davis and Jonathan Heathcote}, - title = {The Price and Quantity of Residential Land in the - United States}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2004, - type = {manuscript} -} - -@ARTICLE{davis&palumbo:wealtheffects, - author = {Davis, Morris and Palumbo, Michael}, - title = {A Primer on the Economics and Time Series - Econometrics of Wealth Effects}, - journal = {Federal Reserve Board Finance and Economics - Discussion Papers 2001-09}, - year = 2001 -} - -@MISC{DavisPalumbo:2001, - author = {Davis, Morris and Palumbo, Michael G.}, - title = {Does Stock Market Wealth Matter for Consumption?}, - howpublished = {Finance and Economics Discussion Series - 2001-23. Washington: Board of Governors of the - Federal Reserve System}, - year = 2001, - source = {Washington: Board of Governors of the Federal - Reserve System} -} - -@ARTICLE{dnKuznets, - author = {Deacon, Robert T. and Norman, Catherine S.}, - title = {Does the Environmental Kuznets Curve Describe How - Individual Countries Behave?}, - journal = {Land Economics}, - year = 2006, - volume = 82, - pages = {pp.291--315}, - number = 2, - abstract = {We examine within-country time series data on income - and concentrations of SO2, smoke, and particulates - to see if the shapes of pollution-income - relationships in individual countries agree - qualitatively with predictions of the environmental - Kuznets curve. The shapes of these relationships are - determined non-parametrically for individual - countries using recently available data on air - pollution concentrations. For smoke and - particulates, the shapes of within-country, - pollution-income patterns do not agree with the EKC - hypothesis more often than chance would dictate. For - SO2, which generally exhibits EKC-consistent - pollution-income relationships among wealthier - countries, the observed patterns are also consistent - with a simpler hypothesis.}, - copyright = {Copyright (c) 2006 The Board of Regents of the - University of Wisconsin System}, - doi = {10.3368/le.82.2.291}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dnKuznets.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dnKuznets.pdf:PDF}, - issn = 00237639, - jstor_articletype ={research-article}, - jstor_formatteddate ={May, 2006}, - language = {English}, - publisher = {University of Wisconsin Press}, - url = {http://www.jstor.org/stable/27647709} -} - -@ARTICLE{dhprvInequality, - author = {DeBacker, Jason and Heim, Bradley and Panousi, Vasia - and Ramnath, Shanthi and Vidangos, Ivan}, - title = {Rising Inequality: Transitory or Persistent? New - Evidence from a Panel of U.S. Tax Returns}, - journal = {Brookings Papers on Economic Activity}, - year = 2013, - volume = {Spring}, - pages = {67--122}, - owner = {akmaral}, - timestamp = {2014.02.02}, - url = {http://home.comcast.net/~bradheim/files/inequality_23Jan2013_all.pdf} -} - -@TECHREPORT{deb04, - author = {Guy Debelle}, - title = {Macroeconomic Implications of Rising Household Debt}, - institution = {Bank for International Settlements}, - year = 2004, - type = {working paper}, - number = 153 -} - -@ARTICLE{debelleDebt, - author = {Debelle, Guy}, - title = {Macroeconomic Implications of Rising Household Debt}, - journal = {Bank of International Settlements Working Paper - Number 513}, - year = 2004 -} - -@INCOLLECTION{debelle&fischer:cred, - author = {Debelle, Guy and Fischer, Stanley}, - title = {How Independent Should a Central Bank Be?}, - booktitle = {Goals, Guidelines, and Constraints Facing Monetary - Policymakers}, - publisher = {Federal Reserve Bank of Boston}, - year = 1994, - editor = {Fuhrer, Jeffrey C.}, - pages = {195--221}, - note = {Federal Reserve Bank of Boston Conference Series 38} -} - -@ARTICLE{DSW:2004, - author = {Dejuan, Joseph P. and Seater, John J. and Wirjanto, - Tony S.}, - title = {A direct test of the permanent Income Hypothesis - with an Application to the U.S. states}, - journal = {Journal of Money Credit and Banking}, - year = 2004, - volume = 36, - pages = {1091--1103}, - number = 6 -} - -@ARTICLE{dekle:miracle, - author = {Dekle, Robert}, - title = {Raising Saving Rates: {L}essons from the {J}apanese - Experience}, - journal = {Background Paper Prepared for {\it The East Asia - Miracle Project}}, - year = 1993, - address = {New York}, - publisher = {Oxford University Press} -} - -@ARTICLE{DelNegro:2002, - author = {Del Negro, Marco}, - title = {Asymmetric shocks among U.S. states}, - journal = {Journal of International Economics}, - year = 2002, - volume = 56 -} - -@PHDTHESIS{DelNegro:1998, - author = {Del Negro, Marco}, - title = {Aggregate Risk Sharing Across US States and Across - European Countries}, - school = {Yale University}, - year = 1998 -} - -@ARTICLE{ds04, - author = {Marco {Del Negro} and Frank Schorfheide}, - title = {Priors from General Equilibrium Models for VARs}, - journal = {International Economic Review}, - year = 2004, - volume = 45, - pages = {643--673}, - number = 2 -} - -@ARTICLE{deLongPeel, - author = {DeLong, J. Bradford}, - title = {Republic of the Central Banker}, - journal = {The American Prospect}, - year = 2008, - month = {October 27}, - note = {Available at - \url{http://www.prospect.org/cs/articles?article=republic_of_the_central_banker}} -} - -@ARTICLE{denhaan, - author = {Den Haan, Wouter J.}, - title = {Assessing the Accuracy of the Aggregate Law of - Motion in Models with Heterogeneous Agents}, - journal = {Jouranl of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {79--99}, - number = 1, - month = {January} -} - -@ARTICLE{denhaan:comparison, - author = {Den Haan, Wouter J.}, - title = {Comparison of Solutions to the Incomplete Markets - Model with Aggregate Uncertainty}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {4--27}, - number = 1, - month = {January} -} - -@ARTICLE{denhaan:agents, - author = {{Den Haan}, Wouter J.}, - title = {Understanding Equilibrium Models with a Small and a - Large Number of Agents}, - journal = {Manuscript, University of California at San Diego}, - year = 1996 -} - -@ARTICLE{denhaan:modelb, - author = {Den Haan, Wouter J. and Judd, Ken and Julliard, - Michel}, - title = {Description of Model B and Exercises}, - journal = {Manuscript}, - year = 2007 -} - -@ARTICLE{denhann:comp, - author = {Den Haan, Wouter J. and Judd, Kenneth L. and - Juillard, Michel}, - title = {Computational Suite of Models with Heterogeneous - Agents: Incomplete Markets and Aggregate - Uncertainty}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {1--3}, - number = 1, - month = {January} -} - -@ARTICLE{denhaan&rendahl, - author = {Den~Haan, Wouter J. and Rendahl, Pontus}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty Using Explicit Aggregation}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {69--78}, - number = 1, - month = {January} -} - -@MISC{bea:survey, - author = {Department of Commerce, Bureau of Economic Analysis}, - title = {Survey of Current Business}, - year = {periodic} -} - -@MISC{bea:wealth, - author = {Department of Commerce, Bureau of Economic Analysis}, - title = {Fixed Reproducible Tangible Wealth in the {U}nited - {S}tates, 1925-85}, - year = 1986, - note = {Updated periodically in the Survey of Current - Business} -} - -@ARTICLE{consumerGEP, - author = {{Deutsche Bank Securities}}, - title = {Global Economic Perspectives: Risks to US Consumer - Spending Overrated}, - journal = {Deutsche Bank Global Markets Research: Macro}, - year = 2012, - month = {February 14, 2012}, - file = {consumerGEP.pdf:consumerGEP.pdf:PDF} -} - -@ARTICLE{dl91, - author = {Diamond, Jr., Douglas B. and Michael J. Lea}, - title = {The Decline of Special Circuits in Developed Country - Housing Finance}, - journal = {Housing Policy Debate}, - year = 1991, - volume = 3, - pages = {747--777}, - number = 3 -} - -@ARTICLE{diamondSearch, - author = {Diamond, Peter A.}, - title = {Aggregate Demand Management in Search Equilibrium}, - journal = {Journal of Political Economy}, - year = 1982, - volume = 90, - pages = {881--894}, - month = {October} -} - -@INCOLLECTION{diebold&lopez:forecastbias, - author = {Diebold, Francis X. and Lopez, Jose A.}, - title = {Forecast Evaluation and Combination}, - booktitle = {Handbook of Statistics}, - publisher = {North Holland}, - year = 1996, - editor = {Maddala, G.S. and Rao, C.R.}, - pages = {241--68}, - address = {Amsterdam} -} - -@ARTICLE{dghNegativeEquity, - author = {Disney, Richard and Gathergood, John and Henley, - Andrew}, - title = {House Price Shocks, Negative Equity, and Household - Consumption in the United Kingdom}, - journal = {Manuscript, University of Nottingham}, - year = 2008, - month = {October} -} - -@TECHREPORT{DisneyEtAl:2003, - author = {Disney, Richard and Henley, Andrew and Jevons, - David}, - title = {House Price Shocks, Negative Equity and Household - Consumption in the UK in the 1990s}, - institution = {University of Nottingham}, - year = 2003, - type = {memo}, - month = Aug -} - -@BOOK{dixit&pindyck:option, - title = {Investment Under Uncertainty}, - publisher = {Princeton University Press}, - year = 1994, - author = {Dixit, Avinash K. and Pindyck, Robert S.}, - address = {Princeton, NJ} -} - -@ARTICLE{dfhsCognitive, - author = {Thomas Dohmen and Armin Falk and David Huffman and - Uwe Sunde}, - title = {Are Risk Aversion and Impatience Related to - Cognitive Ability?}, - journal = {American Economic Review}, - year = 2010, - volume = 100, - pages = {1238--60}, - number = 3, - month = {June}, - note = - {\url{http://ideas.repec.org/a/aea/aecrev/v100y2010i3p1238-60.html}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dfhsCognitive.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dfhsCognitive.pdf:PDF}, - url = - {http://ideas.repec.org/a/aea/aecrev/v100y2010i3p1238-60.html} -} - -@MISC{Doornik1994, - author = {Doornik, J. and Hansen, H.}, - title = {An omnibus test for univariate and multivariate - normality}, - year = 1994, - bdsk-url-1 = {http://citeseer.ist.psu.edu/doornik94omnibu.html}, - text = {Doornik, J. A., & Hansen, H. (1994). An omnibus test - for univariate and multivariate normality (Working - paper). NuOEeld College, Oxford.}, - url = {http://citeseer.ist.psu.edu/doornik94omnibu.html} -} - -@MISC{doornik94omnibus, - author = {J. Doornik and H. Hansen}, - title = {An omnibus test for univariate and multivariate - normality}, - year = 1994, - text = {Doornik, J. A., & Hansen, H. (1994). An omnibus test - for univariate and multivariate normality (Working - paper). NuOEeld College, Oxford.}, - url = {citeseer.ist.psu.edu/doornik94omnibu.html} -} - -@ARTICLE{dkw:Ss, - author = {Dotsey, Michael and King, Robert G. and Wolman, - Alexander L.}, - title = {State Dependent Pricing and the General Equilibrium - Dynamics of Money and Output}, - journal = {Quarterly Journal of Economics}, - year = 1999, - volume = 114, - pages = {655--690} -} - -@ARTICLE{DrezeModigliani, - author = {Dr\`eze, Jacques H. and Modigliani, Franco}, - title = {Consumption Decisions Under Uncertainty}, - journal = {Journal of Economic Theory}, - year = 1972, - volume = 5, - pages = {308--335} -} - -@ARTICLE{dua&ray:arima, - author = {Dua, Pami and Ray, Subash C.}, - title = {ARIMA Models of the Price Level: An Assessment of - the Multilevel Adaptive Learning Process in the USA}, - journal = {Journal of Forecasting}, - year = 1992, - volume = 11, - pages = {507--16} -} - -@BOOK{duesenberry:BOOK, - title = {Income, Saving, and the Theory of Consumer Behavior}, - publisher = {Harvard University Press}, - year = 1949, - author = {Duesenberry, James S.}, - address = {Cambridge, MA} -} - -@ARTICLE{duncan&hill:measerr, - author = {Duncan, Gregory J. and Hill, Daniel H.}, - title = {An Investigation of the Extent and Consequences of - Measurement Error in Labor-Economic Survey Data}, - journal = {Journal of Labor Economics}, - year = 1985, - volume = 3, - number = 4 -} - -@MISC{dunn:paper2, - author = {Dunn, Wendy E.}, - title = {Unemployment Risk, Precautionary Saving, and Durable - Goods Purchase Decisions}, - howpublished = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1998 -} - -@article{CoeurdacierGuibaudJin2015, - title = {Credit Constraints and growth in a Global Economy}, - author = {Coeurdacier, Nicolas and St\'ephane Guibaud and Keyu Jin}, - journal = {American Economic Review}, - volume = {105}, - number = {9}, - pages = {2838-81}, - year = {2015}, -} - -@ARTICLE{JeanneBrookings, - author = {Jeanne, Olivier}, - title = {International Reserves in Emerging Market Countries: - Too Much of a Good Thing?}, - journal = {Brookings Papers on Economic Activity}, - year = 2007, - volume = 2007, - pages = {1--55} -} - - -@article{dmtMercant, -Author = {Durdu, Ceyhun Bora and Mendoza, Enrique G. and Terrones, Marco E.}, -Journal = {Journal of Development Economics}, -Title = {Precautionary Demand for Foreign Assets in Sudden Stop Economies: an Assessment of the New Mercantilism}, -Year = {2009}, -Volume={89}, -Pages={194 - 209} -} -@ARTICLE{dmtMercant-FedWP, - author = {Durdu, Ceyhun Bora and Mendoza, Enrique G. and - Terrones, Marco E.}, - title = {Precautionary Demand for Foreign Assets in Sudden - Stop Economies: An Assessment of the New - Mercantilism}, - journal = {FRB International Finance Discussion Paper No. 911}, - year = 2007, - month = {December} -} - -@ARTICLE{duyganTurk94, - author = {Duygan, Burcu}, - title = {Welfare Cost of Financial Crises When Risk-Sharing - Is Imperfect: Evidence from Turkey}, - journal = {Manuscript, European University Institute}, - year = 2006 -} - -@ARTICLE{dkEcRec07, - author = {Nikola Dvornak and Marion Kohler}, - title = {Housing Wealth, Stock Market Wealth and Consumption: - A Panel Analysis for Australia}, - journal = {Economic Record}, - year = 2007, - volume = 83, - pages = {117--130}, - number = 261 -} - -@ARTICLE{dynanDeleveraging, - author = {Dynan, Karen E.}, - title = {Is Household Debt Overhang Holding Back - Consumption?}, - journal = {Brookings Papers on Economic Activity}, - year = 2012, - month = {March}, - note = - {\url{http://www.brookings.edu/~/media/Files/Programs/ES/BPEA/2012_spring_bpea_papers/2012_spri}}, - url = - {http://www.brookings.edu/~/media/Files/Programs/ES/BPEA/2012_spring_bpea_papers/2012_spri} -} - -@ARTICLE{ad85, - author = {Angus Deaton}, - title = {Panel Data from Time Series and Cross Sections}, - year = 1985, - journal = {Journal of Econometrics}, - volume = 30, - pages = {109-26} -} - -@ARTICLE{dynanHabits, - author = {Dynan, Karen E.}, - title = {Habit Formation in Consumer Preferences: Evidence - from Panel Data}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - number = 3, - note = {\url{http://www.jstor.org/stable/117335}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dynanHabits.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dynanHabits.pdf:PDF}, - url = {http://www.jstor.org/stable/117335} -} - -@ARTICLE{dynan:lawrenceiswrong, - author = {Dynan, Karen E.}, - title = {The rate of time preference and shocks to wealth: - evidence from panel data}, - journal = {Economic Activity Section Working Paper no. 134}, - year = 1993, - month = {July} -} - -@ARTICLE{dynan:precautionary, - author = {Dynan, Karen E.}, - title = {How Prudent Are Consumers?}, - journal = {Journal of Political Economy}, - year = 1993, - volume = 101, - pages = {1104--1113}, - number = 6 -} - -@ARTICLE{dk:hhdebt, - author = {Dynan, Karen E. and Kohn, Donald L.}, - title = {The Rise in U.S.\ Household Indebtedness: Causes and - Consequences}, - journal = {Finance and Economics Discussion Series 2007-37}, - year = 2007 -} - -@TECHREPORT{dynanKohnDebt, - author = {Karen E. Dynan and Donald L. Kohn}, - title = {The Rise in U.S. Household Indebtedness: Causes and - Consequences}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2007, - type = {International Finance Discussion Paper}, - number = 37 -} - -@ARTICLE{dynan&maki:stockmarket, - author = {Dynan, Karen E. and Maki, Dean M.}, - title = {Does Stock Market Wealth Matter for Consumption?}, - journal = {Board of Governors of the Federal Reserve System, - Finance and Economics Discussion Papers 23}, - year = 2001 -} - -@ARTICLE{Dynan2012, - author = {Karen Dynan}, - title = {Is a Household Debt Overhang Holding Back - Consumption?}, - journal = {Brookings Papers on Economic Activity}, - year = 2012, - volume = {Spring}, - pages = {299--362}, - owner = {akmaral}, - timestamp = {2014.02.02} -} - -@MISC{DynanMaki:2001, - author = {Dynan, Karen E. and Maki, Dean M.}, - title = {A Primer on the Economics and Time Series - Econometrics of Wealth Effects}, - howpublished = {Finance and Economics Discussion Series - 2001-9. Washington: Board of Governors of the - Federal Reserve System}, - year = 2001, - source = {Washington: Board of Governors of the Federal - Reserve System} -} - -@ARTICLE{dsz:richsave, - author = {Dynan, Karen E. and Skinner, Jonathan S. and Zeldes, - Stephen P.}, - title = {Do the Rich Save More?}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1996 -} - -@INCOLLECTION{easterlin:cult, - author = {Easterlin, Richard}, - title = {Does Economic Growth Improve the Human Lot? Some - Empirical Evidence}, - booktitle = {Nations and Households in Economic Growth. Essays in - Honour of Moses Abramowitz}, - publisher = {Academic Press}, - year = 1974, - address = {New York and London}, - note = - {\url{http://graphics8.nytimes.com/images/2008/04/16/business/Easterlin1974.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/easterlinGrowth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/easterlinGrowth.pdf:PDF}, - url = - {http://graphics8.nytimes.com/images/2008/04/16/business/Easterlin1974.pdf} -} - -@ARTICLE{elNotFactor, - author = {Easterly, William and Levine, Ross}, - title = {What Have We Learned From A Decade Of Empirical - Research On Growth? It's Not Factor Accumulation: - Stylized Facts And Growth Models}, - journal = {The World Bank Economic Review}, - year = 2001, - volume = 15, - pages = {177--219}, - number = 2, - publisher = {World Bank} -} - -@ARTICLE{ekpsLuck, - author = {Easterly, William and Kremer, Michael and Pritchett, - Lant and Summers, Lawrence H.}, - title = {Good Policy or Good Luck?}, - journal = {Journal of Monetary Economics}, - year = 1993, - volume = 32, - pages = {459--483}, - number = 3, - publisher = {Elsevier} -} - -@ARTICLE{abel&eberly:unified, - author = {Eberly, Janice and Abel, Andrew}, - title = {A Unified Model of Investment Under Uncertainty}, - journal = {American Economic Review}, - year = 1994, - volume = 84, - pages = {1369--1384}, - number = 5, - month = {December}, - note = {Available at { - \url{http://ideas.repec.org/a/aea/aecrev/v84y1994i5p1369-84.html}}} -} - -@ARTICLE{eberly:flexible, - author = {Eberly, Janice C.}, - title = {Flexible (S,s) Bands, Uncertainty, and Aggregate - Consumer Durables Purchases}, - journal = {Working Paper, University of Pennsylvania}, - year = 1997 -} - -@ARTICLE{eberly:jpe, - author = {Eberly, Janice C.}, - journal = {Journal of Political Economy}, - year = 1993 -} - -@BOOK{ceaARRAsixth, - title = {The Economic Impact of the American Recovery and - Reinvestment Act of 2009}, - publisher = {Government Printing Office}, - year = 2011, - author = {President's~Council~of~Economic~Advisers}, - address = {Washington, DC}, - month = {March}, - bdsk-url-1 = - {http://www.whitehouse.gov/the-press-office/2011/03/18/cea-releases-sixth-quarterly-report-economic-impact-recovery-act}, - day = 18, - url = - {http://www.whitehouse.gov/the-press-office/2011/03/18/cea-releases-sixth-quarterly-report-economic-impact-recovery-act} -} - -@ARTICLE{EdelsteinEtAl:2004, - author = {Edelstein, Robert H. and Lum, Sau Kim}, - title = {House prices, wealth effects, and the Singapore - macroeconomy}, - journal = {Journal of Housing Economics}, - year = 2004, - volume = 13, - pages = {342--367} -} - -@ARTICLE{edison&slok:neweconomy, - author = {Edison, Hali and k, Torsten Sl{\o}k}, - title = {Wealth Effects and the New Economy}, - journal = {IMF Working Paper 01/77}, - year = 2001 -} - -@ARTICLE{EdwardsCyclical, - author = {Edwards, Ryan D.}, - title = {The Cost of Cyclical Mortality}, - journal = {The B.E. Journal of Macroeconomics (Contributions)}, - year = 2009, - volume = 9, - note = {Available at - {\url{http://www.bepress.com/bejm/vol9/iss1/art7}, - DOI: 10.2202/1935-1690.1729}}, - issue = {1, Article 7} -} - -@MISC{edwards:whysave, - author = {Edwards, Sebastian}, - title = {Why are Saving Rates so Different Across Countries?: - An International Comparative Analysis}, - howpublished = {NBER Working Paper 5097}, - year = 1995 -} - -@TECHREPORT{ecb05b, - author = {Ehrmann, Michael and Fratzscher, Marcel}, - title = {Communication and Decision-making by Central Bank - Committees: Different Strategies, same - Effectiveness?}, - institution = {European Central Bank}, - year = 2005, - type = {European Central Bank Working Paper}, - number = 488 -} - -@TECHREPORT{eissa04, - author = {Eissa, Nada and Kleven, Henrik Jacobsen and Kreiner, - Claus Thustrup}, - title = {Evaluation of Four Tax Reforms in the {U}nited - {S}tates: {L}abor Supply and Welfare Effects for - Single Mothers}, - institution = {National Bureau of Economic Research, Inc}, - year = 2004, - type = {NBER Working Papers}, - number = 10935 -} - -@ARTICLE{elliott:restricted, - author = {Elliott, Graham}, - title = {Estimating Restricted Cointegrating Vectors}, - journal = {Journal of Business and Economic Statistics}, - year = 2000, - volume = 18, - pages = {91--99} -} - -@ARTICLE{elliott:initial, - author = {Elliott, Graham}, - title = {Efficient Tests for a Unit Root When the Initial - Observation is Drawn from its Unconditional - Distribution}, - journal = {International Economic Review}, - year = 1999, - volume = 40, - pages = {767--783}, - number = 3, - month = {August} -} - -@ARTICLE{elliott:almost, - author = {Elliott, Graham}, - title = {On the Robustness of Cointegration Methods When - Regressors Almost Have Unit Roots}, - journal = {Econometrica}, - year = 1998, - volume = 66, - pages = {149--158}, - number = 1, - month = {January} -} - -@ARTICLE{elliottfatas:current, - author = {Elliott, Graham and Fat\`as, Antonio}, - title = {International business cycles and the dynamics of - the current account}, - journal = {European Economic Review}, - year = 1996, - volume = 40, - pages = {361--387} -} - -@ARTICLE{elliottito:hetero, - author = {Elliott, Graham and Ito, Takatoshi}, - title = {Heterogeneous expectations and tests of Efficiency - in the yen/dollar forward exchange rate market}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 43, - pages = {435--456} -} - -@ARTICLE{elliottjansson:stationary, - author = {Elliott, Graham and Jansson, Michael}, - title = {Testing for unit roots with stationary covariates}, - journal = {Journal of Econometrics}, - year = 2003, - volume = 115, - pages = {75--89}, - number = 1, - month = {July} -} - -@ARTICLE{ejp:optimalpower, - author = {Elliott, Graham and Jansson, Michael and Pesavento, - Elena}, - title = {Optimal Power for Testing Potential Cointegrating - Vectors with Known Parameters for Nonstationarity}, - journal = {Working Paper, Department of Economics, University - of California at San Diego}, - year = 2002 -} - -@ARTICLE{ekt:loss, - author = {Elliott, Graham and Komunjer, Ivana and Timmermann, - Allan G.}, - title = {Estimating Loss Function Parameters}, - journal = {CEPR Discussion Paper No. 3821}, - month = {March 2003} -} - -@ARTICLE{elliottstock:nearone, - author = {Elliott, Graham and Stock, James H.}, - title = {Confidence intervals for autoregressive coefficients - near one}, - journal = {Journal of Econometrics}, - year = 2001, - volume = 103, - pages = {155--181}, - number = {1-2} -} - -@ARTICLE{et:forecast, - author = {Elliott, Graham and Timmermann, Allan}, - title = {Optimal Forecast Combinations Under General Loss - Functions and Forecast Error Distributions}, - journal = {Forthcoming, Journal of Forecasting}, - year = 2004 -} - -@ARTICLE{et:regime, - author = {Elliott, Graham and Timmermann, Allan}, - title = {Optimal Forecast Combination Under Regime Switching}, - journal = {Forthcoming, International Economic Review}, - year = 2004 -} - -@ARTICLE{ellison&fudenberg:social, - author = {Ellison, Glen and Fudenberg, Drew}, - title = {Word-of-Mouth Communication and Social Learning}, - journal = {Quarterly Journal of Economics}, - year = 1995, - volume = 110, - pages = {93--125} -} - -@ARTICLE{EngenGruber:UI, - author = {Engen, Eric and Gruber, Jonathan}, - title = {Unemployment Insurance and Precautionary Saving}, - journal = {Journal of Monetary Economics}, - year = 2001, - volume = 47, - pages = {545--579} -} - -@ARTICLE{englund&ioannides:houseprices, - author = {Englund, Peter and Ioannides, Yannis}, - title = {House Price Dynamics: An International Empirical - Perspective}, - journal = {Journal of Housing Economics}, - year = 1997, - volume = 6, - pages = {119--136} -} - -@TECHREPORT{ecb05, - author = {{European Central Bank}}, - title = {Inflation Persistence and Price Setting Behaviour in - the Euro Area}, - year = 2005, - type = {report}, - note = {available at {\footnotesize - \url{http://www.ecb.int/home/pdf/research/inflationpersistencepricesettingreport.pdf}}} -} - -@TECHREPORT{ecb03, - author = {{European Central Bank}}, - title = {Structural Factors in the EU Housing Markets}, - institution = {European Central Bank}, - year = 2003, - type = {report}, - note = {available at {\footnotesize - \url{http://www.ecb.eu/pub/pdf/other/euhousingmarketsen.pdf}}} -} - -@TECHREPORT{elp02, - author = {Evans, Charles L. and Liu, Chin Te and Pham--Kanter, - Genevieve}, - title = {The 2001 Recession and the Chicago Fed National - Activity Index: Identifying Business Cycle Turning - Points}, - institution = {Federal Reserve Bank of Chicago}, - year = 2002, - type = {Economic Perspectives}, - pages = {26--43} -} - -@BOOK{evans&honk:book, - title = {Learning and Expectations in Macroeconomics}, - publisher = {Princeton University Press}, - year = 2001, - author = {Evans, George W. and Honkapohja, Seppo}, - address = {Princeton} -} - -@ARTICLE{evans&honk:survey, - author = {Evans, George W. and Honkapohja, Seppo}, - title = {Learning Dynamics}, - journal = {Manuscript, University of Oregon}, - year = 1999 -} - -@ARTICLE{evansInterestElasticity, - author = {Evans, Owen J.}, - title = {Tax Policy, the Interest Elasticity of Saving, and - Capital Accumulation: Numerical Analysis of - Theoretical Models}, - journal = {The American Economic Review}, - year = 1983, - pages = {398--410}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/evansInterestElasticity.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/evansInterestElasticity.pdf:PDF}, - publisher = {JSTOR} -} - -@ARTICLE{fama:inherit, - author = {Fama, Eugene F.}, - title = {Multiperiod Consumption-Investment Decisions}, - journal = {American Economic Review}, - year = 1970, - volume = 60, - pages = {163--74}, - number = 1 -} - -@ARTICLE{fhnRisk, - author = {Fan, Lin and Hobbs, Benjamin F. and Norman, - Catherine S.}, - title = {Risk Aversion And CO2 Regulatory Uncertainty In - Power Generation Investment: Policy And Modeling - Implications}, - journal = {Journal of Environmental Economics and Management}, - year = 2010, - volume = 60, - pages = {193--208}, - number = 3, - note = {\\ - \url{http://dx.doi.org/10.1016/j.jeem.2010.08.001}}, - doi = {10.1016/j.jeem.2010.08.001}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhnRisk.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhnRisk.pdf:PDF}, - publisher = {Elsevier}, - url = {http://dx.doi.org/10.1016/j.jeem.2010.08.001} -} - -@ARTICLE{faust:robust, - author = {Faust, Jon}, - title = {The Robustness of Identified VAR Conclusions About - Money}, - journal = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1998, - volume = 49, - pages = {207--244} -} - -@ARTICLE{faust:errors, - author = {Faust, Jon and Rogers, John}, - title = {Monetary Policy's Role in Exchange Rate Behavior}, - journal = {Journal of Monetary Economics}, - year = 2003, - volume = 50, - pages = {1403--24}, - number = 7, - month = {October} -} - -@ARTICLE{frsw:identifying, - author = {Faust, Jon and Rogers, John H. and Swanson, Eric and - Wright, Jonathan H.}, - title = {Identifying the Effects Of Monetary Policy Shocks On - Exchange Rates Using High Frequency Data}, - journal = {Journal of the European Economic Association}, - year = 2003, - volume = 1, - pages = {1031--57}, - month = {September} -} - -@ARTICLE{fhw:stigma, - author = {Fay, Scott and Hurst, Erik and White, Michelle}, - title = {The Bankruptcy Decision: Does Stigma Matter?}, - journal = {University of Michigan Working Paper}, - year = 1998, - volume = {98-1} -} - -@ARTICLE{fhp, - author = {Fazzari, Stephen and Hubbard, R. Glenn and Petersen, - Bruce C.}, - title = {Financing Constraints and Corporate Investment}, - journal = {Brookings Papers on Economic Activity}, - year = 1988, - volume = 1988, - pages = {141--206}, - number = 1, - bdsk-url-1 = - {http://links.jstor.org/sici?sici=0007-2303%281988%291988%3A1%3C141%3AFCACI%3E2.0.CO%3B2-O}, - url = - {http://links.jstor.org/sici?sici=0007-2303%281988%291988%3A1%3C141%3AFCACI%3E2.0.CO%3B2-O} -} - -@ARTICLE{flLifeCycleUncert, - author = {Feigenbaum, James and Geng Li}, - title = {Life Cycle Dynamics of Income Uncertainty and - Consumption}, - journal = {B.E. Journal of Macroeconomics}, - year = 2012, - volume = {12: Iss. 1 (Advances), Article 11} -} - -@ARTICLE{flUncert, - author = {Feigenbaum, James and Li, Geng}, - title = {Lifecycle Dynamics of Income Uncertainty and - Consumption}, - year = 2011 -} - -@ARTICLE{feldsteinInfl, - author = {Feldstein, M.}, - title = {{Inflation, tax rules and the stock market* 1}}, - journal = {Journal of Monetary Economics}, - year = 1980, - volume = 6, - pages = {309--331}, - number = 3, - issn = {0304-3932}, - publisher = {Elsevier} -} - -@ARTICLE{feldstein:myopic, - author = {Feldstein, Martin S.}, - title = {The Optimal Level of Social Security Benefits}, - journal = {Quarterly Journal of Economics}, - year = 1985, - volume = 100, - pages = {303--19} -} - -@Article{feldstein:induced, - Title = {Social Security, Induced Retirement, and Aggregate - Capital Formation}, - Author = {Feldstein, Martin S.}, - Journal = {Journal of Political Economy}, - Year = 1974, - Month = {October}, - Note = {Available at { - \url{http://www.jstor.org/stable/1829174}}}, - Number = 4, - Pages = {905--926}, - Volume = 82, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1829174} -} - -@ARTICLE{feldstein&horioka:sequalsi, - author = {Feldstein, Martin S. and Horioka, Charles Y.}, - title = {Domestic Saving and International Capital Flows}, - journal = {Economic Journal}, - year = 1980, - volume = 90, - pages = {314--29}, - month = {June} -} - -@ARTICLE{fernandez-corugedo:softlc, - author = {Fernandez-Corugedo, Emilio}, - title = {Soft Liquidity Constraints and Precautionary - Savings}, - journal = {Manuscript, Bank of England}, - year = 2000 -} - -@ARTICLE{fpb:consumption, - author = {Fernandez-Corugedo, Emilio and Price, Simon and - Blake, Andrew}, - title = {The Dynamics of Consumer's Expenditure: the UK - Consumption ECM Redux}, - journal = {Bank of England Working Paper 204}, - year = 2003 -} - -@TECHREPORT{fpb03, - author = {Fernandez-Corugedo, Emilio and Price, Simon and - Blake, Andrew}, - title = {The Dynamics of Consumers’ Expenditure: The UK - Consumption ECM Redux}, - institution = {Bank of England}, - year = 2003, - type = {working paper}, - number = 204 -} - -@BOOK{fisherInterestTheory, - title = {The Theory of Interest}, - publisher = {MacMillan}, - year = 1930, - author = {Fisher, Irving}, - address = {New York} -} - -@TECHREPORT{fisherEtAl:HsngBooms, - author = {Fisher, Lance A. and Otto, Glenn and Voss, Graham}, - title = {Housing Booms, Non-Financial Wealth and Consumption: - Lessons from the Australian Experience}, - institution = {University of Victoria}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{fishe&idson:infohetero, - author = {Fisher, Raymond P. H. and Idson, Todd L.}, - title = {Information-Induced Heteroscedasticity in Price - Expectations Data}, - journal = {Review of Economics and Statistics}, - year = 1990, - volume = 72, - pages = {304--312}, - number = 2 -} - -@INCOLLECTION{flavinHousingAndWealth, - author = {Flavin, Marjorie}, - title = {Housing and Wealth Portfolios}, - booktitle = {International Encyclopedia of Housing and Home}, - publisher = {Elsevier}, - year = {Forthcoming}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHousingAndWealth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHousingAndWealth.pdf:PDF} -} - -@ARTICLE{flavinHAdjMacro, - author = {Flavin, Marjorie}, - title = {Housing, Adjustment Costs, and Macro Dynamics}, - journal = {CESifo Economics Studies Conference on Housing - Taxation and Regulation, 19–20 November 2010, - Munich}, - year = 2010, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHAdjMacro.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHAdjMacro.pdf:PDF}, - url = {http://dx.doi.org/10.1093/cesifo/ifr019} -} - -@TECHREPORT{flavinEndogenousRA, - author = {Flavin, Marjorie}, - title = {Housing, Adjustment Costs, and Endogenous Risk - Aversion}, - year = 2009, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinEndogenousRA.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinEndogenousRA.pdf:PDF}, - journal = {Bank of Spain conference on Household Finance and - Macroeconomics, Madrid, 15-16 October, 2009} -} - -@ARTICLE{flavinSmoothness, - author = {Flavin, Marjorie}, - title = {The Excess Smoothness of Consumption: Identification - and Interpretation}, - journal = {The Review of Economic Studies}, - year = 1993, - volume = 60, - number = 3, - month = {June}, - note = {\\ \url{http://www.jstor.org/stable/2298129}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinSmoothness.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinSmoothness.pdf:PDF}, - url = {http://www.jstor.org/stable/2298129} -} - -@ARTICLE{flavinLCorMyopia, - author = {Flavin, Marjorie}, - title = {Excess Sensitivity of Consumption to Current - Income:Liquidity Constraints or Myopia?}, - journal = {NBER Working Paper Number 1314}, - year = 1984, - note = {\\ - \url{http://www.worldcat.org/title/excess-sensitivity-of-consumption-to-current-income-liquidity-constraints-or-myopia/oclc/72446615}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinLCorMypopia.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinLCorMyopia.pdf:PDF}, - url = - {http://www.worldcat.org/title/excess-sensitivity-of-consumption-to-current-income-liquidity-constraints-or-myopia/oclc/72446615} -} - -@TECHREPORT{flavinRobust, - author = {Marjorie A. Flavin}, - title = {The Joint Consumption/Asset Demand Decision: A Case - Study in Robust Estimation}, - institution = {National Bureau of Economic Research}, - year = 1991, - type = {Working Paper}, - number = 3802, - month = {August}, - abstract = {The paper uses a previously unexploited data set -- - the Michigan Survey of Consumer Finances -- to ask - whether the finding that consumption tracks current - income more closely than is consistent with the - permanent income hypothesis can be attributed solely - or partially to borrowing constraints. Using - household data on income and asset stocks, the paper - studies the saving side of the consumption/saving - decision, and thus provides inferences on a - comprehensive concept of consumption. To limit the - influence of outliers, the paper uses a robust - instrumental variables estimator, and argues that - achieving robustness with respect to leverage points - is actually simpler, both conceptually and - computationally, in an instrumental variables - context than in the OLS context. The results - indicate that households do use asset stocks to - smooth their consumption, although this smoothing is - far from complete. However, there is no evidence - that the excess sensitivity of consumption to - current income is caused by borrowing - constraints. Compared to the conventional results, - the robust instrumental variables estimates are more - stable across different subsamples, more consistent - with the theoretical specification of the model, and - indicate that some of the most striking findings in - the conventional results were attributable to a - single, highly unusual observation.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinRobust.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinRobust.pdf:PDF}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w3802} -} - -@Article{flavinSensitive, - Title = {The Adjustment of Consumption to Changing - Expectations About Future Income}, - Author = {Flavin, Marjorie B.}, - Journal = {Journal of Political Economy}, - Year = 1981, - Note = {\\ \url{http://www.jstor.org/stable/1830816}}, - Pages = {974--1009}, - Volume = 89, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1830816} -} - -@ARTICLE{fy00, - author = {Marjorie A. Flavin and Takashi Yamashita}, - title = {Owner-Occupied Housing and the Composition of the - Household Portfolio over the Life-Cycle}, - journal = {American Economic Review}, - year = 2000, - volume = 92, - pages = {345--62} -} - -@TECHREPORT{fn04, - author = {Marjorie Flavin and Shinobu Nakagawa}, - title = {A Model of Housing in the Presence of Adjustment - Costs: A Structural Interpretation of Habit - Persistence}, - institution = {National Bureau of Economic Research}, - year = 2004, - type = {working paper}, - number = 10458 -} - -@ARTICLE{fyHousingLC, - author = {Flavin, Marjorie and Takashi Yamashita}, - title = {Owner-Occupied Housing: Life-Cycle Implications for - the Household Portfolio}, - journal = {American Economic Review: Papers and Proceedings}, - year = 2011, - volume = 101, - pages = {609-–614}, - number = 3, - note = {\\ \url{http://www.aeaweb.org/articles.php?doi= - 10.1257/aer.101.3.609}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingLifeCycle.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingLifeCycle.pdf:PDF}, - url = - {http://www.aeaweb.org/articles.php?doi=10.1257/aer.101.3.609} -} - -@ARTICLE{fyPortfolio, - author = {Flavin, Marjorie and Takashi Yamashita}, - title = {Owner-Occupied Housing: The Role of Collateral - Constraints on the Household Portfolio}, - journal = {Manuscript, UCSD}, - year = 2011, - month = {October}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyPortfolio.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyPortfolio.pdf:PDF} -} - -@ARTICLE{fyHousingHHPortfolio, - author = {Flavin, Marjorie and Yamashita, Takashi}, - title = {Owner-Occupied Housing and the Composition of the - Household Portfolio}, - journal = {The American Economic Review}, - year = 2002, - volume = 92, - pages = {pp.345--362}, - number = 1, - note = {\\ \url{http://www.jstor.org/stable/3083338}}, - copyright = {Copyright © 2002 American Economic Association}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingHHPortfolio.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingHHPortfolio.pdf:PDF}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={Mar., 2002}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/3083338} -} - -@ARTICLE{FlemingRemolona:whatmoves, - author = {Fleming, Michael and Remolona, Eli}, - title = {What Moves the Bond Market?}, - journal = {Federal Reserve Bank of New York Economic Policy - Review}, - year = 1997, - volume = 3, - pages = {31--50} -} - -@INCOLLECTION{fm00, - author = {Flemming, J.S. and Micklewright, John}, - title = {Income distribution, economic systems and - transition}, - booktitle = {Handbook of Income Distribution}, - publisher = {Elsevier}, - year = 2000, - editor = {Atkinson, Anthony B. and Bourguignon, Frank}, - pages = {843--918}, - address = {Cambridge, MA} -} - -@ARTICLE{fogliPerriMod, - author = {Fogli, Alessandra and Perri, Fabrizio}, - title = {The `Great Moderation' and the U.S.\ External - Imbalance}, - journal = {NBER Working Paper Number w12708}, - year = 2006, - month = {November} -} - -@TECHREPORT{fksvvFDIpty, - author = {Christian Fons-Rosen and Sebnem Kalemli-Ozcan and - Bent E. S{\o}rensen and Carolina Villegas-Sanchez - and Vadym Volosovych}, - title = {Quantifying Productivity Gains from Foreign - Investment}, - institution = {National Bureau of Economic Research}, - year = 2013, - type = {Working Paper}, - number = 18920, - month = {March}, - abstract = {We quantify the causal effect of foreign investment - on total factor productivity (TFP) using a new - global firm-level database. Our identification - strategy relies on exploiting the difference in the - amount of foreign investment by financial and - industrial investors and simultaneously controlling - for unobservable firm and country-sector-year - factors. Using our well identified firm level - estimates for the direct effect of foreign ownership - on acquired firms and for the spillover effects on - domestic firms, we calculate the aggregate impact of - foreign investment on country-level productivity - growth and find it to be very small.}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18920} -} - -@TECHREPORT{fglr04, - author = {Forni, Mario and Giannone, Domenico and Lippi, Marco - and Reichlin, Lucrezia}, - title = {Opening the Black Box: Structural Factor Models - versus Structural VARs}, - institution = {Universit{\'}e Libre de Bruxelles}, - year = 2004, - type = {mimeo} -} - -@BOOKLET{fanniemae:housesize, - title = {Opening the Door to a Home of Your Own}, - author = {Foundation, Fannie Mae}, - address = {Washington, D.C.}, - year = 1997 -} - -@ARTICLE{francisCapitalistSpirit, - author = {Francis, Johanna L.}, - title = {Wealth and the capitalist spirit}, - journal = {Journal of Macroeconomics}, - year = 2009, - volume = 31, - pages = {394--408}, - number = 3, - doi = {10.1016/j.jmacro.2008.10.007}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/francisCapitalistSpirit.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/francisCapitalistSpirit.pdf:PDF}, - issn = {0164-0704}, - keywords = {Capitalist spirit}, - url = - {http://www.sciencedirect.com/science/article/pii/S0164070408000785} -} - -@BOOK{frank:rightpond, - title = {On Choosing the Right Pond: Human Behavior and the - Quest for Status}, - publisher = {Oxford University Press}, - year = 1985, - author = {Frank, Robert H.}, - address = {New York} -} - -@ARTICLE{fratantoni:housing, - author = {Fratantoni, Michael}, - title = {Homeownership, Committed Expenditure Risk, and the - Stockholding Puzzle}, - journal = {Oxford Economic Papers}, - year = 2001, - volume = 53, - pages = {241--259}, - number = 2, - month = {April} -} - -@ARTICLE{fratantoni:empirical, - author = {Fratantoni, Michael C.}, - title = {Homeownership and Investment in Risky Assets}, - journal = {Journal of Urban Economics}, - year = 1998, - volume = 44, - pages = {27--42} -} - -@ARTICLE{fratantoni:equitypremium, - author = {Fratantoni, Michael C.}, - title = {Income Uncertainty and the Equity Premium Puzzle}, - journal = {Manuscript, Johns Hopkins University}, - year = 1998 -} - -@ARTICLE{friedman:extreme, - author = {Friedman, Benjamin M.}, - title = {Optimal Expectations and the Extreme Information - Assumptions of `Rational Expectations' Macromodels}, - journal = {Journal of Monetary Economics}, - year = 1979, - volume = 5, - pages = {23--41} -} - -@ARTICLE{friedmanMoney, - author = {Friedman, Milton}, - title = {The Role of Monetary Policy: Presidential Address to - the American Economic Association}, - journal = {American Economic Review}, - year = 1968, - volume = 58, - pages = {1--15}, - number = 1 -} - -@INCOLLECTION{as-if, - author = {Friedman, Milton}, - title = {Methodology in Positive Economics}, - booktitle = {Essays in Positive Economics}, - publisher = {University Of Chicago Press}, - year = 1966, - pages = {3--43}, - month = {August}, - abstract = {{"}Stimulating, provocative, often infuriating, but - well worth reading.{"}--Peter Newman, Economica - {"}His critical blast blows like a north wind - against the more pretentious erections of modern - economics. It is however a healthy and invigorating - blast, without malice and with a sincere regard for - scientific objectivity.{"}--K.E. Boulding, Political - Science Quarterly {"}Certainly one of the most - engrossing volumes that has appeared recently in - economic theory.{"}--William J. Baumol, Review of - Economics and Statistics}, - bdsk-url-1 = - {http://www.amazon.ca/exec/obidos/redirect?tag=citeulike09-20%5C&path=ASIN/0226264033}, - citeulike-article-id =2716803, - comment = {CHIFLEY HB33.F7}, - howpublished = {Paperback}, - keywords = {agents, economics, file-import-08-04-25, parsimony, - rationality}, - posted-at = {2008-04-25 06:53:12}, - priority = 2, - url = - {http://www.amazon.ca/exec/obidos/redirect?tag=citeulike09-20\&path=ASIN/0226264033} -} - -@INCOLLECTION{friedmanBodkinComments, - author = {Friedman, Milton}, - title = {Comments}, - booktitle = {Consumption and Saving}, - publisher = {University of Pennsylvania Press}, - year = 1960, - address = {Philadelphia} -} - -@techreport{leBlancGeorgarakos:IncomeProcessesInEurope, - author = {Julia {\noopsort{Blanc}}{Le Blanc} and Dimitris - Georgarakos}, - institution = {Goethe University Frankfurt}, - type = {mimeo}, - title = {How Risky Is Their Income? Labor Income Processes in - Europe}, - year = 2013, -} - -@article{fuchsSchuendelnEtAl:IncomeGermany, - author = {Nicola Fuchs-Schuendeln and Dirk Krueger and Mathias - Sommer}, - journal = {Review of Economic Dynamics}, - number = 1, - pages = {103--132}, - title = {Inequality Trends for Germany in the Last Two - Decades: A Tale of Two Countries}, - volume = 13, - year = 2010, -} - -@INCOLLECTION{friedman:windfalls, - author = {Friedman, Milton A.}, - title = {Windfalls, the `Horizon,' and Related Concepts in - the Permanent Income Hypothesis}, - booktitle = {Measurement in Economics}, - publisher = {Stanford University Press}, - year = 1963, - editor = {Christ, Carl}, - pages = {1--28} -} - -@BOOK{friedman:essays, - title = {Essays in Positive Economics}, - publisher = {University of Chicago Press}, - year = 1953, - author = {Friedman, Milton A.}, - address = {Chicago} -} - -@ARTICLE{fs:shock, - author = {Fuchs-Sch{\"}undeln, Nicola}, - title = {The Response of Household Saving to the Large Shock - of German Reunification}, - journal = {Manuscript, Harvard University}, - year = 2007 -} - -@ARTICLE{fs:germany, - author = {Fuchs-Sch{\"}undeln, Nicola and Sch{\"}undeln, - Matthias}, - title = {Precautionary Savings and Self-Selection: Evidence - from the German Reunification {``}Experiment{''}}, - journal = {Quarterly Journal of Economics}, - year = 2005, - volume = 120, - pages = {1085--1120}, - number = 3 -} - -@TECHREPORT{fuh05, - author = {Fuhrer, Jeffrey C.}, - title = {Intrinsic and Inherited Inflation Persistence}, - institution = {Federal Reserve Bank of Boston}, - year = 2005, - type = {Working Paper}, - number = {05-08} -} - -@ARTICLE{fuh00, - author = {Fuhrer, Jeffrey C.}, - title = {Habit Formation in Consumption and Its Implication - for Monetary-Policy Models}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {367--390}, - number = 3 -} - -@ARTICLE{fuhrer:habits, - author = {Fuhrer, Jeffrey C.}, - title = {Habit Formation in Consumption and its Implications - for Monetary Policy Models}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {367--390}, - number = 3, - month = {June}, - note = {\url{http://www.jstor.org/stable/117334}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fuhrerHabits.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fuhrerHabits.pdf:pdf}, - url = {http://www.jstor.org/stable/117334} -} - -@ARTICLE{fuhrer&klein:riskyhabits, - author = {Fuhrer, Jeffrey C. and Klein, Michael W.}, - title = {Risky Habits: On Risk Sharing, Habit Formation, and - the Interpretation of International Consumption - Correlations}, - journal = {NBER Working Paper No. 6735}, - year = 1998 -} - -@ARTICLE{fuhrer&moore:persistence, - author = {Fuhrer, Jeffrey C. and Moore, George R.}, - title = {Inflation Persistence}, - journal = {Quarterly Journal of Economics}, - year = 1995, - volume = 110, - pages = {127--159}, - number = 1 -} - -@BOOK{fullerton&rogers:incidence, - title = {Who Bears the Lifetime Tax Burden}, - publisher = {The Brookings Institution}, - year = 1993, - author = {{Fullerton, Don} and {Diane L. Rogers}}, - address = {Washington, D.C.} -} - -@ARTICLE{futia:invariant, - author = {Futia, Carl A.}, - title = {Invariant Distributions and the Limiting Behavior of - Markovian Economic Models}, - journal = {Econometrica}, - year = 1982, - volume = 50, - pages = {377--408}, - number = 2 -} - -@INPROCEEDINGS{gabaix&laibson:6Dbias, - author = {Gabaix, Xavier and Laibson, David}, - title = {The 6D Bias and the Equity Premium Puzzle}, - booktitle = {NBER Macroeconomics Annual}, - year = 2002, - editor = {Bernanke, Ben and Rogoff, Kenneth}, - pages = {257--312}, - address = {Cambridge, MA}, - publisher = {MIT Press} -} - -@ARTICLE{gabaix&laibson:6d, - author = {Gabaix, Xavier and Laibson, David}, - title = {The 6D Bias and and the Equity Premium Puzzle}, - journal = {NBER Macroeconomics Annual}, - year = 2001, - pages = {257--312} -} - -@TECHREPORT{go04, - author = {Gadzinski, Gregory and Orlandi, Fabrice}, - title = {Inflation Persistence for the EU Countries, the Euro - Area and the US}, - institution = {European Central Bank}, - year = 2004, - type = {ECB working paper}, - number = 414 -} - -@ARTICLE{gakidis:stocksforold, - author = {Gakidis, Haralobos E.}, - title = {Stocks for the Old? Earnings Uncertainty and - Life-Cycle Portfolio Choice}, - journal = {Manuscript, Massachusetts Institute of Technology}, - year = 1998 -} - -@ARTICLE{gali:joneses, - author = {Gal{\'}{i}, Jordi}, - title = {Keeping Up with the Joneses: Consumption - Externalities, Portfolio Choice, and Asset Prices}, - journal = {Journal of Money, Credit, and Banking}, - year = 1994, - volume = 26, - pages = {1--8}, - number = 1 -} - -@ARTICLE{gale:survey, - author = {Gale, Douglas}, - title = {What Have We Learned from Social Learning?}, - journal = {European Economic Review}, - year = 1996, - volume = 40, - pages = {617--628} -} - -@ARTICLE{gale&scholz:intergen, - author = {Gale, William G. and Scholz, John Karl}, - title = {Intergenerational Transfers and the Accumulation of - Wealth}, - journal = {Journal of Economic Perspectives}, - year = 1994, - volume = 8, - pages = {145--160}, - number = 4 -} - -@ARTICLE{gg99, - author = {Gali, Jordi and Gertler, Mark}, - title = {Inflation Dynamics: A Structural Econometric - Approach}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 4, - pages = {195--222}, - number = 2 -} - -@ARTICLE{gm07, - author = {{Galu{\v} s{\v} c{{\'}a}k}, Kamil and M{\"}unich, - Daniel}, - title = {Structural and Cyclical Unemployment: What Can Be - Derived from the Matching Function? (in {E}nglish)}, - journal = {Czech Journal of Economics and Finance (Finance a - uver, ISSN: 0015-1920)}, - year = 2007, - volume = 57, - pages = {102--125}, - number = {3--4} -} - -@ARTICLE{gm05, - author = {{Galu{\v} s{\v} c{{\'}a}k}, Kamil and M{\"}unich, - Daniel}, - title = {Regional Wage Adjustments and Unemployment: - Estimating the Time-Varying Wage Curve (in - {E}nglish)}, - journal = {Czech Journal of Economics and Finance (Finance a - uver, ISSN: 0015-1920)}, - year = 2005, - volume = 55, - pages = {68--82}, - number = {1--2} -} - -@TECHREPORT{gp05, - author = {{Galu{\v} s{\v} c{{\'}a}k}, Kamil and Pavel, Jan}, - title = {Does Work Pay? {I}ncidence of Unemployment and - Inactivity Traps in the {Czech Republic}}, - institution = {Czech National Bank, Prague}, - year = 2005, - type = {mimeo} -} - -@article{10.2307/2728815, - ISSN = {00220515}, - URL = {http://www.jstor.org/stable/2728815}, - author = {Christopher D. Carroll}, - journal = {Journal of Economic Literature}, - number = {4}, - pages = {1881--1882}, - publisher = {American Economic Association}, - reviewed-author = {James H. Gapinski}, - volume = {32}, - year = {1994} -} - -% Version for CV -@article{carroll:reviewgapinsky, - doi = {10.2307/2728815}, - ISSN = {00220515}, - URL = {http://www.jstor.org/stable/2728815}, - author = {James H. Gapinski}, - journal = {Journal of Economic Literature}, - number = {4}, - pages = {1881--1882}, - publisher = {American Economic Association}, - reviewed-author = {James H. Gapinski}, - volume = {32}, - year = {1994}, - note = {Book Review}, - title = {The Economics of Saving} -} - -@ARTICLE{garner:debt, - author = {Garner, C. Alan}, - title = {Can Measures of the Consumer Debt Burden Reliably - Predict an Economic Slowdown?}, - journal = {Federal Reserve Bank of Kansas City}, - year = 1996, - volume = 81, - pages = {63--76}, - number = 4 -} - -@ARTICLE{GarrettEtAl:2004, - author = {Garrett, Thomas A. and Hern\`{a}ndez-Murillo, - Rub\`{e}n and Owyang, Michael T.}, - title = {Does Consumer Sentiment Predict Regional - Consumption?}, - journal = {Federal Reserve Bank of St. Louis Review}, - year = 2004, - volume = 87, - pages = {123--35}, - number = 2, - month = {March} -} - -@ARTICLE{geiregat:jobmarket, - author = {Geiregat, Christopher}, - title = {Banks, Capital Constraints, and Aggregate - Fluctuations}, - journal = {Unpublished Manuscript, Johns Hopkins University}, - year = 2000 -} - -@ARTICLE{gmLossAversion, - author = {Genesove, David and Mayer, Christopher}, - title = {Loss Aversion and Seller Behavior: Evidence from the - Housing Market}, - journal = {The Quarterly Journal of Economics}, - year = 2001, - volume = 116, - pages = 1233, - number = 4, - publisher = {Oxford University Press} -} - -@ARTICLE{gentry&hubbard:wealthysave, - author = {Gentry, William M. and Hubbard, R. Glenn}, - title = {Why Do the Wealthy Save So Much? Saving and - Investment Decisions of Entrepreneurs}, - journal = {Manuscript, Columbia University}, - year = 1998 -} - -@ARTICLE{gfwDisagree, - author = {Gerardi, Kristofer S. and Foote, Christopher L. and - Willen, Pauls S.}, - title = {Reasonable People Did Disagree: Optimism and - Pessimism about the U.S.\ Housing Market Before the - Crash}, - journal = {Public Policy Discussion Paper}, - year = 2010, - publisher = {Federal Reserve Bank of Boston} -} - -@TECHREPORT{ger01, - author = {Gerberding, Christina}, - title = {The Information Content of Survey Data on Expected - Price Developments for Monetary Policy}, - institution = {Deutsche Bundesbank}, - year = 2001, - type = {discussion paper}, - number = 9 -} - -@ARTICLE{goJME, - author = {Ghosh, Atish R. and Ostry, Jonathan D.}, - title = {Macroeconomic Uncertainty, Precautionary Saving, and - the Current Account}, - journal = {Journal of Monetary Economics}, - year = 1997, - volume = 40, - pages = {121--139} -} - -@BOOK{gmw:opt, - title = {Practical Optimization}, - publisher = {Academic Press}, - year = 1981, - author = {{Gill,~P.~E., W.~Murray} and {M.~H.~Wright}}, - address = {New York} -} - -@ARTICLE{Glaeser:1992, - author = {Glaeser, Edward L and Kallal, Hedi D. and - Scheinkman, Jose A. and Shleifer, Andrei}, - title = {Growth in Cities}, - journal = {Journal of Political Economy}, - year = 1992, - volume = 100, - pages = {1126--52}, - number = 6, - month = {December} -} - -@ARTICLE{glick&rogoff:currentacct, - author = {Glick, Reuven and Rogoff, Kenneth S.}, - title = {Global Versus Country-Specific Productivity Shocks - and the Current Account}, - journal = {Journal of Monetary Economics}, - year = 1995, - volume = 35, - pages = {159--192}, - number = 1, - month = {February} -} - -@ARTICLE{gp04, - author = {Golinelli, Roberto and Parigi, Giuseppe}, - title = {Consumer Sentiment and Economic Activity: A Cross - Country Comparison}, - journal = {Journal of Business Cycle Measurement and Analysis}, - year = 2004, - volume = 1, - pages = {147--170}, - number = 2 -} - -@INCOLLECTION{gollier:classical, - author = {Gollier, Christian}, - title = {What Does the Classical Theory Have to Say About - Household Portfolios?}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, - Tullio} -} - -@ARTICLE{GomesMichaelides:optimal, - author = {Gomes, Francisco and Michaelides, Alexander}, - title = {Optimal Life-Cycle Asset Allocation: Understanding - the Empirical Evidence}, - journal = {Journal of Finance}, - year = 2005, - volume = 60, - pages = {869--904}, - number = 2, - month = {April} -} - -@ARTICLE{GomesMichaelides:intl, - author = {Gomes, Francisco and Michaelides, Alexander}, - title = {International Portfolio Choice, Liquidity - Constraints and the Home Equity Bias Puzzle}, - journal = {Journal of Economic Dynamics and Control}, - year = 2003, - volume = 28, - pages = {555--594}, - number = 3, - month = {December} -} - -@ARTICLE{goodman&ittner:houseestimates, - author = {Goodman, J. L. and Ittner, J. B.}, - title = {The Accuracy of Homeowner's Estimates of House - Value}, - journal = {Journal of Housing Economics}, - year = 1992, - volume = 2, - pages = {339--357} -} - -@ARTICLE{gorman1953community, - author = {Gorman, William M.}, - title = {{Community Preference Fields}}, - journal = {Econometrica}, - year = 1953, - volume = 21, - pages = {63--80}, - number = 1, - publisher = {JSTOR} -} - -@ARTICLE{Gorodnichenko:2010tp, - author = {Gorodnichenko, Yuriy and Sabirianova Peter, Klara - and Stolyarov, Dmitriy}, - title = {Inequality and volatility moderation in Russia: - Evidence from micro-level panel data on consumption - and income}, - journal = {Review of Economic Dynamics}, - year = 2010, - volume = 13, - pages = {209--237}, - number = 1, - date-added = {2013-04-07T23:23:14GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{Review_of_Economic_Dynamics_2010_Gorodnichenko.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Gorodnichenko/Review_of_Economic_Dynamics_2010_Gorodnichenko.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Gorodnichenko/Review_of_Economic_Dynamics_2010_Gorodnichenko.pdf}, - rating = 0, - uri = - {\url{papers2://publication/uuid/03D7B199-CBA8-442F-9ACF-E36D895B959D}}, - url = - {http://www.sciencedirect.com/science/article/pii/S1094202509000556} -} - -@ARTICLE{gmEJvarTrends, - author = {Gottschalk, Peter and Moffitt, Robert A.}, - title = {Trends in the Transitory Variance of Earnings in the - United States}, - journal = {Economic Journal}, - year = 2002, - volume = {112(478)}, - pages = {C68-C73}, - month = {March}, - publisher = {Royal Economic Society} -} - -@ARTICLE{gourinchas:gelifecycle, - author = {Gourinchas, Pierre-Olivier}, - title = {Precautionary Savings, the Life Cycle, and - Macroeconomics}, - journal = {Manuscript, Princeton University}, - year = 1999 -} - -@article{gourinchasJeannePuzzle, - title = {Capital Flows to Developing Countries: The Allocation Puzzle}, - author = {Pierre-Olivier Gourinchas and Olivier Jeanne}, - journal = {Review of Economic Studies}, - volume={80}, - pages={1484-1515}, - year = {2013}, -} -@ARTICLE{gourinchasJeannePuzzleNBERWP, - author = {Gourinchas, Pierre-Olivier and Jeanne, Olivier}, - title = {Capital Flows to Developing Countries: The - Allocation Puzzle}, - journal = {NBER Working Paper w13602}, - year = 2007 -} - -@ARTICLE{col, - author = {Pierre-Olivier Gourinchas and Jonathan A. Parker}, - title = {Consumption Over the Lifecycle}, - journal = EMA, - year = 2002, - volume = 70, - pages = {47--89}, - number = 1, - month = {January} -} - -@MISC{bog:flow, - author = {of Governors of the Federal Reserve System, Board}, - title = {Flow of Funds Accounts Financial Assets and - Liabilities, Year-End}, - year = {periodic} -} - -@BOOK{grahamDodd, - title = {Securities Analysis}, - publisher = {McGraw-Hill}, - year = 1934, - author = {Graham, Benjamin and Dodd, David}, - address = {New York} -} - -@INCOLLECTION{grantKeynes, - author = {Grant, Susan}, - title = {Chapter 3. The Key Skills of an Economists}, - booktitle = {Teaching and Assessing Skills in Economics}, - publisher = {Cambridge University Press}, - year = 2009, - note = {Available at - \url{http://assets.cambridge.org/97805215/48250/excerpt/9780521548250_excerpt.pdf}} -} - -@INPROCEEDINGS{gw07, - author = {Green, Richard K. and Wachter, Susan M.}, - title = {The Housing Finance Revolution}, - booktitle = {Housing, Housing Finance and Monetary Policy}, - year = 2007, - pages = {21--67}, - publisher = {Jackson Hole Symposium, Federal Reserve Bank of - Kansas City} -} - -@BOOK{greene:metrixtext, - title = {Econometric Analysis}, - publisher = {Prentice Hall}, - year = 2000, - author = {Greene, William H.}, - edition = 4 -} - -@BOOK{greene:econometrics, - title = {Econometrics}, - publisher = {MacMillan}, - year = 1990, - author = {Greene, William H.}, - address = {New York}, - edition = {Second} -} - -@ARTICLE{greenspan:debt, - author = {Greenspan, Alan}, - title = {Statement to the U.S. House Committee on Ways and - Means, December 18, 1991}, - journal = {Federal Reserve Bulletin}, - year = 1992, - volume = 78, - pages = {122--124}, - number = 2 -} - -@ARTICLE{greenspan&cohen:scrappage, - author = {Greenspan, Alan and Cohen, Darrel}, - title = {Motor Vehicle Stocks, Scrappage, and Sales}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1997 -} - -@TECHREPORT{gk05, - author = {Greenspan, Alan and Kennedy, James}, - title = {Estimates of Home Mortgage Originations, Repayments, - and Debt on One-to-Four-Family Residences}, - institution = {Federal Reserve Board}, - year = 2005, - type = {FEDS working paper}, - number = {2005--41} -} - -@article{gross&souleles:creditcards, - title={Do Liquidity Constraints and Interest Rates Matter for Consumer Behavior? Evidence from Credit Card Data*}, - author={Gross, David B and Souleles, Nicholas S}, - journal={The Quarterly journal of economics}, - volume={117}, - number={1}, - pages={149--185}, - year={2002}, - publisher={Oxford University Press} - } - -@ARTICLE{gross&souleles:bankruptcy, - author = {Gross, David B. and Souleles, Nicholas S.}, - title = {Explaining the Rise in Bankruptcy and Delinquency: - Stigma Versus Risk-Composition}, - journal = {Manuscript, University of Pennsylvania}, - year = 1998 -} - -@ARTICLE{gru04, - author = {Gruber, Joseph W.}, - title = {A Present Value Test of Habits and the Current - Account}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - pages = {1495--1507}, - number = 7 -} - -@ARTICLE{grHabits, - author = {Alessandra Guariglia and Mariacristina Rossi}, - title = {Consumption, Habit Formation, and Precautionary - Saving: Evidence from the British Household Panel - Survey}, - journal = {Oxford Economic Papers}, - year = 2002, - volume = 54, - pages = {1--19} -} - -@ARTICLE{gjt:smallPS, - author = {Guiso, Luigi and Jappelli, Tullio and Terlizzese, - Daniele}, - title = {Earnings Uncertainty and Precautionary Saving}, - journal = {Journal of Monetary Economics}, - year = 1992, - volume = 30, - pages = {307--37}, - number = 2 -} - -@ARTICLE{guiso+paiella-risk, - author = {Guiso, Luigi and Paiella, Monica}, - title = {Risk Aversion, Wealth and Background Risk}, - journal = {C.E.P.R. Discussion Papers}, - year = 2001, - number = 2728, - month = mar, - note = {available at - http://ideas.repec.org/p/cpr/ceprdp/2728.html}, - type = {CEPR Discussion Papers} -} - -@ARTICLE{gsz:culture, - author = {Guiso, Luigi and Sapienza, Paola and Zingales, - Luigi}, - title = {Does Culture Affect Economic Outcomes?}, - journal = {Journal of Economic Perspectives}, - year = 2006, - note = {available at - http://ideas.repec.org/p/cpr/ceprdp/5505.html} -} - -@ARTICLE{GuvenenLearning, - author = {Guvenen, Fatih}, - title = {Learning Your Earning: Are Labor Income Shocks - Really Very Persistent?}, - journal = {American Economic Review}, - year = 2007, - volume = 97, - pages = {687--712}, - number = 3 -} - -@Article{gosCyclical, - author = {Fatih Guvenen and Serdar Ozkan and Jae Song}, - title = {{The Nature of Countercyclical Income Risk}}, - journal = {Journal of Political Economy}, - year = 2014, - volume = 122, - number = 3, - pages = {621--660}, - abstract = {This paper studies the cyclical nature of individual - income risk using a confidential dataset from the - U.S. Social Security Administration, which contains - (uncapped) earnings histories for millions of - individuals. The base sample is a nationally - representative panel containing 10 percent of all - U.S. males from 1978 to 2010. We use these data to - decompose individual income growth during recessions - into “between-group” and “within-group” - components. We begin with the behavior of - within-group shocks. Contrary to past research, we - do not find the variance of idiosyncratic income - shocks to be countercyclical. Instead, it is the - left-skewness of shocks that is strongly - countercyclical. That is, during recessions, the - upper end of the shock distribution collapses—large - upward income movements become less likely—whereas - the bottom end expands—large drops in income become - more likely. Thus, while the dispersion of shocks - does not increase, shocks become more left skewed - and, hence, risky during recessions. Second, to - study between-group differences, we group - individuals based on several observable - characteristics at the time a recession hits. One of - these characteristics—the average income of an - individual at the beginning of a business cycle - episode—proves to be an especially good predictor of - fortunes during a recession: prime-age workers that - enter a recession with high average earnings suffer - substantially less compared with those who enter - with low average earnings (which is not the case - during expansions). Finally, we find that the - cyclical nature of income risk is dramatically - different for the top 1 percent compared with all - other individuals—even relative to those in the top - 2 to 5 percent. }, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18035} -} - -@ARTICLE{denHaanMarcet:parameterized, - author = {den Haan, Wouter J and Marcet, Albert}, - title = {Solving the Stochastic Growth Model by - Parameterizing Expectations}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {31--34}, - number = 1, - month = {January}, - note = {Available at - {\url{http://ideas.repec.org/a/bes/jnlbes/v8y1990i1p31-34.html}}} -} - -@ARTICLE{hl:interpreting, - author = {Hahn, Jaehoon and Lee, Hangyong}, - title = {Interpreting the Predictive Power of the - Consumption-Wealth Ratio}, - journal = {University of Washington Working Paper}, - year = 2005 -} - -@ARTICLE{hahn&lee:cwunstable, - author = {Hahn, Jaehoon and Lee, Hangyong}, - title = {On the Estimation of the Consumption-Wealth Ratio: - Cointegrating Parameter Instability and its - Implications for Stock Return Forecasting}, - journal = {Manuscript, Columbia University}, - year = 2001 -} - -@TECHREPORT{hl01, - author = {Jaehoon Hahn and Hangyong Lee}, - title = {On the Estimation of the Consumption-Wealth Ratio: - Cointegrating Parameter Instability and its - Implications for Stock Return Forecasting}, - institution = {Columbia University}, - year = 2001, - type = {mimeo} -} - -@ARTICLE{haliassos&bertaut:fewholdstocks, - author = {Haliassos, Michael and Bertaut, Carol}, - title = {Why Do So Few Hold Stocks?}, - journal = {The Economic Journal}, - year = 1995, - volume = 105, - pages = {1110--1129} -} - -@INCOLLECTION{HaliassosMichaelides:computation, - author = {Haliassos, Michael and Michaelides, Alexander}, - title = {Calibration and Computation of Household Portfolio - Models}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2002, - editor = {Guiso, Luigi and Haliassos, Michael and Japelli, - Tullio}, - chapter = 2, - pages = {55--101} -} - -@ARTICLE{haliassos&michaelides:ier, - author = {Haliassos, Michael and Michaelides, Alexander}, - title = {Portfolio Choice and Liquidity Constraints}, - journal = {International Economic Review}, - year = 2003, - volume = 44, - pages = {143--177}, - number = 1, - note = {available at - http://ideas.repec.org/a/ier/iecrev/v44y2003i1p143-177.html} -} - -@ARTICLE{hrw:relevance, - author = {Hall, Alastair R. and Rudebusch, Glenn D. and - Wilcox, David W.}, - title = {Judging Instrument Relevance In Instrumental - Variables Estimation}, - journal = {International Economic Review}, - year = 1996, - volume = 37, - pages = {283--298}, - number = 2 -} - -@ARTICLE{hall:cweak, - author = {Hall, Robert E.}, - title = {Macro Theory and the Recession of 1990-1991}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {275--279}, - number = 2 -} - -@Article{hallSubstitution, - Title = {Intertemporal Substitution in Consumption}, - Author = {Hall, Robert E.}, - Journal = {Journal of Political Economy}, - Year = 1988, - Note = {Available at - {\url{http://www.stanford.edu/~rehall/Intertemporal-JPE-April-1988.pdf}}}, - Pages = {339-357}, - Volume = {XCVI}, - Owner = {Nic Johnson}, - Url = - {http://www.stanford.edu/~rehall/Intertemporal-JPE-April-1988.pdf} -} - - -@ARTICLE{hall&jones:ptyofnations, - author = {Hall, Robert E. and Jones, Charles I.}, - title = {Why Do Some Countries Produce So Much More Output - per Worker than Others?}, - journal = {Quarterly Journal of Economics}, - year = 1999, - volume = {CXIV}, - pages = {83--116}, - month = {February} -} - -@ARTICLE{hall&jorgenson:i, - author = {Hall, Robert E. and Jorgenson, Dale}, - title = {Tax Policy and Investment Behavior}, - journal = {American Economic Review}, - year = 1967, - volume = 57, - month = {June}, - note = {Available at { - \url{http://www.stanford.edu/~rehall/Tax-Policy-AER-June-1967.pdf}}} -} - -@ARTICLE{hall&mishkin:transitory, - author = {Hall, Robert E. and Mishkin, Frederic}, - title = {The Sensitivity of Consumption to Transitory Income: - Evidence from PSID Households}, - journal = {Econometrica}, - year = 1982, - volume = {L}, - pages = {461--81} -} - -@BOOK{hr95, - title = {The Flat Tax}, - publisher = {Hoover Institution Press}, - year = 1995, - author = {Hall and Rabushka}, - address = {Stanford} -} - -@ARTICLE{hst99, - author = {Ham, John C. and Svejnar, Jan and Terrell, - Katherine}, - title = {Women's Unemployment during Transition}, - journal = {The Economics of Transition}, - year = 1999, - volume = 7, - pages = {47--78}, - number = 1 -} - -@ARTICLE{hst98, - author = {Ham, John C. and Svejnar, Jan and Terrell, - Katherine}, - title = {Unemployment and the Social Safety Net during - Transitions to a Market Economy: Evidence from the - {C}zech and {S}lovak Republics}, - journal = {American Economic Review}, - year = 1998, - volume = 88, - pages = {1117--42}, - number = 5 -} - -@ARTICLE{hhkCoint, - author = {Hamburg, Britta and Hoffmann, Mathias and Keller, - Joachim}, - title = {Consumption, Wealth, and Business Cycles in Germany}, - journal = {Empirical Economics}, - year = 2008, - volume = 34, - pages = {451--476}, - number = 3 -} - -@TECHREPORT{hhk05, - author = {Hamburg, Britta and Hoffmann, Mathias and Keller, - Joachim}, - title = {Consumption, Wealth and Business Cycles in Germany}, - institution = {Deutsche Bundesbank}, - year = 2005, - type = {discussion paper}, - number = 16 -} - -@ARTICLE{hamilton:growthcycles, - author = {Hamilton, James D}, - title = {A New Approach to the Economic Analysis of - Nonstationary Time Series and the Business Cycle}, - journal = {Econometrica}, - year = 1989, - volume = 57, - pages = {357--384}, - month = {March} -} - -@ARTICLE{fhLimitations, - author = {Hamilton, James D. and Marjorie A. Flavin}, - title = {On the Limitations of Government Borrowing: A - Framework for Empirical Testing}, - journal = {The American Economic Review}, - year = 1986, - volume = 76, - pages = {808--819}, - number = 4, - month = {September}, - note = {\\ \url{http://www.jstor.org/stable/1806077}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhGovBorrowing.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhGovBorrowing.pdf:PDF}, - url = {http://www.jstor.org/stable/1806077} -} - -@TECHREPORT{han04, - author = {Handjiyska, Boriana}, - title = {Adjustment of Household Inflation Expectations in - Five OECD Countries}, - institution = {Johns Hopkins University}, - year = 2004, - type = {mimeo} -} - -@ARTICLE{han01, - author = {Hansen, Bruce E.}, - title = {The New Econometrics of Structural Change: Dating - Breaks in U.S.\ Labor Productivity}, - journal = {Journal of Economic Perspectives}, - year = 2001, - volume = 15, - pages = {117--28}, - number = 4 -} - -@MISC{hansen:hours, - author = {Hansen, Gary D.}, - title = {Fluctuations in Total Hours Worked: A Study Using - Efficiency Units}, - howpublished = {Working Paper, University of Minnesota}, - year = 1984 -} - -@ARTICLE{hansen&wright, - author = {Hansen, Gary D. and Wright, Randall}, - title = {The Labor Market in Real Business Cycle Theory}, - journal = {Federal Reserve Bank of Minneapol Quarterly Review}, - year = 1992, - volume = 16 -} - -@ARTICLE{hansen:gmm, - author = {Hansen, Lars M.}, - title = {Large Sample Properties of Generalized Method of - Moments Estimators}, - journal = {Econometrica}, - year = 1982, - pages = {1029--1054} -} - -@BOOK{hlp:inequalities, - title = {Inequalities}, - publisher = {Cambridge University Press}, - year = 1967, - author = {Hardy, Godfrey Harold and Littlewood, John E. and - Polya, George}, - edition = {Second} -} - -@ARTICLE{laibsonHarrisInstant, - author = {Harris, Christopher and Laibson, David I.}, - title = {Instantaneous Gratification}, - journal = {Manuscript, Harvard University}, - year = 2004 -} - -@ARTICLE{hjmrTemporal, - author = {Harrison, G.W. and Johnson, E. and McInnes, M.M. and - Rutstr{\"}om, E.E.}, - title = {Temporal stability of estimates of risk aversion}, - journal = {Applied Financial Economics Letters}, - year = 2005, - volume = 1, - pages = {31--35}, - number = 1, - note = - {\url{http://econpapers.repec.org/RePEc:taf:apfelt:v:1:y:2005:i:1:p:31-35}}, - abstract = {Estimates of risk aversion can be obtained from - controlled laboratory experiments. The temporal - stability of those preferences is assumed in many - applications. This assumption is tested by eliciting - risk aversion measures from subjects at two distinct - times. Evidence consistent with the stability - assumption is found.}, - publisher = {Routledge}, - url = - {http://econpapers.repec.org/RePEc:taf:apfelt:v:1:y:2005:i:1:p:31-35} -} - -@ARTICLE{hauseYdyn, - author = {Hause, John C.}, - title = {The Fine Structure of Earnings and the On-the-Job - Training Hypothesis}, - journal = {Econometrica}, - year = 1980, - volume = 48, - pages = {1013--1029}, - number = 4 -} - -@INCOLLECTION{hausmann85, - author = {Hausman, Jerry A.}, - title = {Taxes and labor supply}, - booktitle = {Handbook of Public Economics}, - publisher = {Elsevier}, - year = 1985, - editor = {Auerbach, A. J. and Feldstein, M.}, - volume = 1, - series = {Handbook of Public Economics}, - chapter = 4, - pages = {213--263} -} - -@ARTICLE{hausmanBonus, - author = {Hausman, Joshua K.}, - title = {Fiscal Policy and Economic Recovery: The Case of the - 1936 Veterans’ Bonus}, - journal = {Manuscript, University of California Berkeley}, - year = 2012 -} - -@ARTICLE{hprGrowthAccel, - author = {Hausmann, Ricardo and Pritchett, Lant and Rodrik, - Dani}, - title = {Growth Accelerations}, - journal = {Journal of Economic Growth}, - year = 2005, - volume = 10, - pages = {303--329}, - note = {10.1007/s10887-005-4712-0}, - abstract = {Unlike most cross country growth analyses, we focus - on turning points in growth performance. We look for - instances of rapid acceleration in economic growth - that are sustained for at least 8 years and identify - more than 80 such episodes since the 1950s. Growth - accelerations tend to be correlated with increases - in investment and trade, and with real exchange rate - depreciations. Political-regime changes are - statistically significant predictors of growth - accelerations. External shocks tend to produce - growth accelerations that eventually fizzle out, - while economic reform is a statistically significant - predictor of growth accelerations that are - sustained. However, growth accelerations tend to be - highly unpredictable: the vast majority of growth - accelerations are unrelated to standard determinants - and most instances of economic reform do not produce - growth accelerations.}, - affiliation = {Harvard University John F. Kennedy School of - Government USA USA}, - issn = {1381-4338}, - issue = 4, - keyword = {Business and Economics}, - publisher = {Springer Netherlands}, - url = {http://dx.doi.org/10.1007/s10887-005-4712-0} -} - -@ARTICLE{hprGrowth, - author = {Hausmann, Ricardo, Lant Pritchett and Rodrik, Dani}, - title = {Growth Accelerations}, - journal = {Journal of Economic Growth}, - year = 2005, - volume = 10, - pages = {303--329}, - number = 4 -} - -@BOOK{hayashiEconometrics, - title = {Econometrics}, - publisher = {Princeton University Press}, - year = 2000, - author = {Hayashi, Fumio} -} - -@BOOK{hayashi:understandingsaving, - title = {Understanding Saving : Evidence from the United - States and Japan}, - publisher = {The MIT Press}, - year = 1997, - author = {Hayashi, Fumio}, - address = {Cambridge, Mass} -} - -@ARTICLE{hayashi:japan, - author = {Hayashi, Fumio}, - title = {Japan's Saving Rate: New Data and Reflections,}, - journal = {NBER Working Paper No. 3205}, - year = 1989 -} - -@INCOLLECTION{hayashi:apparently, - author = {Hayashi, Fumio}, - title = {Why Is Japan's Saving Rate So Apparently High?}, - booktitle = {NBER Macroeconomics Annual, 1986}, - publisher = {NBER}, - year = 1986, - address = {Cambridge} -} - -@ARTICLE{hayashi:q, - author = {Hayashi, Fumio}, - title = {Tobin's Marginal Q and Average Q: A Neoclassical - Interpretation}, - journal = {Econometrica}, - year = 1982, - volume = 50, - pages = {213--224}, - number = 1, - month = {January}, - note = {Available at { - \url{http://ideas.repec.org/p/nwu/cmsems/457.html}}} -} - -@ARTICLE{Heathcote:2010tw, - author = {Heathcote, Jonathan and Perri, Fabrizio and - Violante, Giovanni L.}, - title = {{Unequal we stand: An empirical analysis of economic - inequality in the United States, 1967--2006}}, - journal = {Review of Economic Dynamics}, - year = 2010, - volume = 13, - pages = {15--51}, - number = 1, - date-added = {2013-04-07T22:40:16GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{Review_of_Economic_Dynamics_2010_Heathcote.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Heathcote/Review_of_Economic_Dynamics_2010_Heathcote.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Heathcote/Review_of_Economic_Dynamics_2010_Heathcote.pdf}, - rating = 0, - read = {Yes}, - uri = - {\url{papers2://publication/uuid/1A5D107A-FA11-4F35-9730-DD6C33149F12}}, - url = - {http://www.sciencedirect.com/science/article/pii/S1094202509000659} -} - -@ARTICLE{heaton&lucas:hetero, - author = {Heaton, John and Lucas, Deborah J.}, - title = {The Importance of Investor Heterogeneity and - Financial Market Imprefections for the Behavior of - Asset Prices}, - journal = {Manuscript, Northwestern University}, - year = 1994 -} - -@ARTICLE{HeckmanNobel, - author = {Heckman, James J.}, - title = {Micro Data, Heterogeneity, and the Evaluation of - Public Policy: Nobel Lecture}, - journal = {Journal of Political Economy}, - year = 2001, - volume = 109, - pages = {673--748}, - number = 4, - month = {August}, - bdsk-url-1 = - {http://ideas.repec.org/a/ucp/jpolec/v109y2001i4p673-748.html}, - url = - {http://ideas.repec.org/a/ucp/jpolec/v109y2001i4p673-748.html} -} - -@ARTICLE{heck93, - author = {Heckman, James J}, - title = {What Has Been Learned about Labor Supply in the Past - Twenty Years?}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {116--21}, - number = 2 -} - -@ARTICLE{hec79, - author = {Heckman, James J.}, - title = {Sample Selection Bias as a Specification Error}, - journal = {Econometrica}, - year = 1979, - volume = 47, - pages = {153--161}, - number = 1 -} - -@ARTICLE{heckman:life, - author = {Heckman, James J.}, - title = {A Life-Cycle Model of Earnings, Learning, and - Consumption}, - journal = {Journal of Political Economy}, - year = 1976, - volume = 84, - pages = {S11--44}, - number = {4, pt. 2} -} - -@TECHREPORT{ht03, - author = {Helbling, Thomas and Terrones, Marco}, - title = {When Bubbles Burst}, - institution = {International Monetary Fund, April}, - year = 2003, - type = {{World Economic Outlook, 61--94}} -} - -@ARTICLE{orphanides:wardemocracyjpe, - author = {Hess, Gregory D. and Orphanides, Athanasios}, - title = {War and Democracy}, - journal = {Journal of Political Economy}, - year = 2001, - volume = 109, - pages = {776--810}, - number = 4, - month = {August}, - note = {available at - http://ideas.repec.org/a/ucp/jpolec/v109y2001i4p776-810.html} -} - -@ARTICLE{orphanides:warpoliticsaer, - author = {Hess, Gregory D and Orphanides, Athanasios}, - title = {War Politics: An Economic, Rational-Voter Framework}, - journal = {American Economic Review}, - year = 1995, - volume = 85, - pages = {828--46}, - number = 4, - month = {September}, - note = {available at - http://ideas.repec.org/a/aea/aecrev/v85y1995i4p828-46.html} -} - -@ARTICLE{Hess/Shin:1999, - author = {Hess, Gregory D. and Shin, Kwanho}, - title = {Risk sharing by households within and across regions - and industries}, - journal = {Journal of Monetary Economics}, - year = 2000, - volume = 45, - pages = {533--560} -} - -@ARTICLE{Hess/Shin:1998, - author = {Hess, Gregory D. and Shin, Kwanho}, - title = {Intranational business cycles in the United States}, - journal = {Journal of International Economics}, - year = 1998, - volume = 44, - pages = {289--313}, - keywords = {Hess/Shin: 1998} -} - -@ARTICLE{hmsHousingBubbleNo, - author = {Himmelberg, Charles and Mayer, Christopher and - Sinai, Todd}, - title = {Assessing High House Prices: Bubbles, Fundamentals - and Misperceptions}, - journal = {Journal of Economic Perspectives}, - year = 2005, - volume = 19, - pages = {67--92}, - number = 4 -} - -@ARTICLE{hochgurtel:bufferportfolio, - author = {Hochgurtel, Stefan}, - title = {A Buffer Stock Model with Portfolio Choice: - Implications of Income Risk and Liquidity - Constraints}, - journal = {Manuscript, Uppsala University}, - year = 1998 -} - -@ARTICLE{htRates, - author = {Holland, A.~Steven and Toma, Mark}, - title = {The Role of the Federal Reserve as ``Lender of Last - Resort'' and the Seasonal Fluctuation of Interest - Rates}, - journal = {Journal of Money, Credit and Banking}, - year = 1991, - volume = 23, - pages = {659--676}, - number = 4, - month = {November}, - note = {Stable: \url{http://www.jstor.org/stable/1992702}} -} - -@BOOK{holland:adaptation, - title = {Adaptation in Natural and Artificial Systems}, - publisher = {MIT Press}, - year = 1986, - author = {Holland, John H.}, - address = {Cambridge MA} -} - -@ARTICLE{hrj:entrep, - author = {Holtz-Eakin, Douglas and Rosen, Harvey S. and - Joulfaian, David}, - title = {Entrepreneurial Decisions and Liquidity Constraints}, - journal = {RAND Journal of Economics}, - year = 1994, - pages = {334--347}, - month = {Summer} -} - -@ARTICLE{hrj:sticking, - author = {Holtz-Eakin, Douglas and Rosen, Harvey S. and - Joulfaian, David}, - journal = {Journal of Political Economy}, - year = 1994, - volume = 102, - pages = {53--75}, - number = 1, - month = {February} -} -} - -@ARTICLE{horioka:coint, - author = {Horioka, Charles Y.}, - title = {A Cointegration Analysis of the Impact of the Age - Structure of the Population on the Household Saving - Rate in Japan}, - journal = {Review of Economics and Statistics}, - year = 1997, - volume = 79, - pages = {511--516}, - number = 3 -} - -@ARTICLE{horioka&watanabe:whysave, - author = {Horioka, Charles Y. and Watanabe, Wako}, - title = {Why Do People Save? A Micro-Analysis of Motives for - Household Saving in Japan}, - journal = {Economic Journal}, - year = 1997, - volume = 107, - pages = {537--552}, - number = 442 -} - -@INPROCEEDINGS{horowitzBootstrap, - author = {Joel L. Horowitz}, - title = {The Bootstrap}, - booktitle = {Handbook of Econometrics}, - year = 2001, - editor = {James J. Heckman and Edward Leamer}, - volume = 5, - publisher = {Elsevier/North Holland} -} - -@UNPUBLISHED{Horrigan2011, - author = {Mike Horrigan}, - title = {Household Survey Producers Workshop Opening Remarks}, - note = {CNSTAT Panel on the Redesign of the CE, June 1-2}, - month = {June 1-2}, - year = 2011 -} - -@MISC{horriganCNSTAT, - author = {Horrigan, Michael}, - title = {Official Charge to the CNSTAT Panel on Redesign of - the Consumer Expenditure Survey}, - year = 2010, - bdsk-url-1 = {http://www.bls.gov/cex/redpanl1_horrigan.pdf}, - url = {http://www.bls.gov/cex/redpanl1_horrigan.pdf} -} - -@ARTICLE{hsITC, - author = {House, Christopher L. and Shapiro, Matthew D.}, - title = {Temporary Investment Tax Inventives: Theory with - Evidence from Bonus Depreciation}, - journal = {American Economic Review}, - year = 2008, - volume = 98, - pages = {737--768}, - number = 3 -} - -@INCOLLECTION{houthakker:determinants, - author = {Houthakker, Hendrik S.}, - title = {On Some Determinants of Saving in Developed and - Underdeveloped Countries}, - booktitle = {Problems in Economic Development}, - publisher = {MacMillan}, - year = 1965, - editor = {Robinson, E.A.G.}, - address = {London} -} - -@ARTICLE{houthakker:international, - author = {Houthakker, Hendrik S.}, - title = {An International Comparison of Personal Saving}, - journal = {Bulletin of the International Statistical Institute}, - year = 1961, - volume = 38, - pages = {55--60} -} - -@ARTICLE{hoAdaptiveC, - author = {Howitt, Peter and {\"}Omer {\"}Ozak}, - title = {Adaptive Consumption Behavior}, - journal = {Manuscript, Department of Economics, Brown - University}, - year = 2010, - month = {December}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hoAdaptiveC.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hoAdaptiveC.pdf:PDF} -} - -@ARTICLE{how01, - author = {Howrey, Philip E.}, - title = {The Predictive Power of the Index of Consumer - Sentiment}, - journal = {Brookings Papers on Economic Activity}, - year = 2001, - pages = {175--216}, - number = 1 -} - -@INCOLLECTION{hoynes&mcfadden:demographics, - author = {Hoynes, Hilary W. and McFadden, Daniel L.}, - title = {The Impact of Demographics on Housing and Nonhousing - Wealth in the United States}, - booktitle = {The Economic Effects of Aging in the United States - and Japan}, - publisher = {University of Chicago Press for NBER}, - year = 1997, - editor = {Hurd, Michael D. and Naohiro, Yashiro}, - address = {Chicago:} -} - -@INPROCEEDINGS{Hoynes1997, - author = {Hilary W. Hoynes and Daniel L. McFadden}, - title = {The Impact of Demographics on Housing and Nonhousing - Wealth in the United States}, - booktitle = {The Economic Effects of Aging in the United States - and Japan}, - year = 1997, - editor = {Michael D. Hurd and Yashio Naohiro}, - address = {Chicago, IL}, - publisher = {University of Chicago Press for NBER} -} - -@ARTICLE{HryshkoRIP, - author = {Hryshko, Dmytro}, - title = {RIP to HIP: The Data Reject Heterogeneous Labor - Income Profiles}, - journal = {Manuscript, University of Alberta; forthcoming, {\it - Quantitative Economics}}, - year = 2010 -} - -@ARTICLE{hls:shadow, - author = {Hryshko, Dmytro and Luegno-Prado, Maria and - S\/orensen, Bent}, - title = {Childhood Determinants of Risk Aversion: The Long - Shadow of Compulsory Education}, - journal = {Manuscript, Northeastern University}, - year = 2006 -} - -@ARTICLE{hsieh:alaska, - author = {Hsieh, Chang-Tai}, - title = {Do Consumers React to Anticipated Income Changes? - Evidence from the Alaska Permanent Fund}, - journal = {American Economic Review}, - year = 2003, - volume = 99, - pages = {397--405}, - month = {March} -} - -@ARTICLE{huPortfolioHomeowners, - author = {Hu, Xiaoqing}, - title = {Portfolio Choices for Homeowners}, - journal = {Journal of Urban Economics}, - year = 2005, - volume = 58, - pages = {114--136} -} - -@INPROCEEDINGS{hsz:importance, - author = {Hubbard, R. Glenn and Skinner, Jonathan S. and - Zeldes, Stephen P.}, - title = {The Importance of Precautionary Motives for - Explaining Individual and Aggregate Saving}, - booktitle = {The Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - editor = {Meltzer, Allan H. and Plosser, Charles I.}, - volume = 40, - pages = {59--126} -} - -@ARTICLE{hsz:insurance, - author = {Hubbard, R. Glenn and Skinner, Jonathan S. and - Zeldes, Stephen P.}, - title = {Precautionary Saving and Social Insurance}, - journal = {Journal of Political Economy}, - year = 1995, - volume = 103, - pages = {330--399} -} - -@ARTICLE{huggett:higherW, - author = {Huggett, Mark}, - title = {Precautionary Wealth Accumulation}, - journal = {Review of Economic Studies}, - year = 2004, - volume = 71, - pages = {769--781} -} - -@ARTICLE{huggett:wealth, - author = {Huggett, Mark}, - title = {Wealth Distribution in Life Cycle Economies}, - journal = {Journal of Monetary Economics}, - year = 1996, - volume = 38, - pages = {469--494}, - number = 3 -} - -@ARTICLE{huggett:riskfree, - author = {Huggett, Mark}, - title = {The Risk-Free Rate in Heterogeneous-Agents, - Incomplete Markets Economies}, - journal = {Journal of Economic Dynamics and Control}, - year = 1993, - volume = 17, - pages = {953--969} -} - -@ARTICLE{huggett&ventura:understanding, - author = {Huggett, Mark and Ventura, Gustavo}, - title = {Understanding Why High Income Households Save More - Than Low Income Households}, - journal = {Journal of Monetary Economics}, - year = 2000, - volume = 45, - number = 2, - month = {April} -} - -@ARTICLE{hun02, - author = {Hunt, Jennifer}, - title = {The Transition in {E}ast {G}ermany: When Is a - Ten-Point Fall in the Gender Wage Gap Bad News?}, - journal = {Journal of Labor Economics}, - year = 2002, - volume = 20, - pages = {148--169}, - number = 1 -} - -@INCOLLECTION{hrCEvsCAMS, - author = {Hurd, Michael and Susann Rohwedder}, - title = {Measuring Total Household Spending in a Monthly - Internet Survey: Evidence from the American Life - Panel}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2013, - address = {Chicago}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrCEvsCAMS.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrCEvsCAMS.pdf:PDF} -} - -@INCOLLECTION{hrLifeCycleCAMS, - author = {Hurd, Michael and Susann Rohwedder}, - title = {Wealth Dynamics and Active Saving at Older Ages}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {CRIW, University of Chicago Press}, - year = 2013, - address = {Chicago}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrLifeCycleCAMS/Hurd-Rohwedder-with-dynamics-V4.doc:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrLifeCycleCAMS/Hurd-Rohwedder-with-dynamics-V4.doc:DOC} -} - -@ARTICLE{hurd:bequests, - author = {Hurd, Michael D.}, - title = {Savings and Bequests}, - journal = {NBER Working Paper No. 1708}, - year = 1986 -} - -@INCOLLECTION{hrHighFreq, - author = {Hurd, Michael D. and Susann Rohwedder}, - title = {High-frequency Data on Total Household Spending: - Evidence from Monthly ALP Surveys}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\\ - \url{http://www.nber.org/confer/2011/CRIWf11/hurd_CRIW.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrHighFreq.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrHighFreq.pdf:PDF}, - url = - {http://www.nber.org/confer/2011/CRIWf11/hurd_CRIW.pdf} -} - -@ARTICLE{hlkt:precautionary, - author = {Hurst, Erik and Kennickell, Arthur and Lusardi, - Annamaria and Torralba, Francisco}, - title = {Precautionary Savings and the Importance of Business - Owners}, - year = 2005, - number = 11731, - month = Nov, - note = {available at - http://ideas.repec.org/p/nbr/nberwo/11731.html}, - institution = {National Bureau of Economic Research, Inc}, - type = {NBER Working Papers} -} - -@ARTICLE{hurstLusardiJPE, - author = {Hurst, Erik and Lusardi, Annamaria}, - title = {Liquidity Constraints, Household Wealth, and - Entrepreneurship}, - journal = {Journal of Political Economy}, - year = 2004, - volume = 112, - pages = {319--347}, - number = 2, - note = {available at - http://ideas.repec.org/a/ucp/jpolec/v112y2004i2p319-347.html} -} - -@TECHREPORT{iacovielloNeriHousing, - author = {Iacoviello, Matteo and Neri, Stefano}, - title = {Housing Market Spillovers: Evidence from an - Estimated DSGE Model}, - institution = {Boston College}, - year = 2007, - type = {mimeo} -} - - -@ARTICLE{ipsUnitHetero, - author = {Im, Kyung So and Pesaran, M. Hashem and Shin, - Yongcheol}, - title = {Testing for Unit Roots in Heterogeneous Panels}, - journal = {Journal of Econometrics}, - year = 2003, - volume = 115, - pages = {53--74} -} - -@INBOOK{IMFweo2012, - chapter = 3, - title = {World Economic Outlook, 2012}, - publisher = {International Monetary Fund}, - year = 2012, - author = {{International Monetary Fund}}, - month = {April}, - note = {Available at - \url{http://www.imf.org/external/pubs/ft/weo/2012/01/pdf/text.pdf}}, - file = {IMFweo2012.pdf:IMFweo2012.pdf:PDF}, - url = - {\url{http://www.imf.org/external/pubs/ft/weo/2012/01/pdf/text.pdf}} -} - -@TECHREPORT{imf06, - author = {{International Monetary Fund}}, - title = {Japan: Report on the Observance of Standards and - Codes---Data Module, Response by the Authorities, - and Detailed Assessments Using the Data Quality - Assessment Framework (DQAF)}, - institution = {International Monetary Fund}, - year = 2006, - type = {IMF Country Report}, - number = {06/115}, - note = {March} -} - -@ARTICLE{irelandTaking, - author = {Ireland, Peter N.}, - title = {A Method for Taking Models to the Data}, - journal = {Journal of Economic Dynamics and Control}, - year = 2004, - volume = 28, - pages = {1205--1226} -} - -@BOOK{irigoen:solutions, - title = {Solutions Manual for Recursive Methods in Economic - Dynamics}, - publisher = {Harvard University Press}, - year = 2002, - author = {Irigoyen, Claudio and Rossi-Hansberg, Esteban and - Wright, Mark L. J.} -} - -@TECHREPORT{ikk05, - author = {Ivanova, Anna and Keen, Michael and Klemm, - Alexander}, - title = {The Russian Flat Tax Reform}, - institution = {International Monetary Fund, Washington, DC}, - year = 2005, - type = {working paper}, - number = 15 -} - -@ARTICLE{ivd:monetarypolicy, - author = {Ivo, Arnold and Els, Peter Van and de Haan, Jakob}, - title = {Wealth Effects and Monetary Policy}, - journal = {De Nederlandsche Bank Research Memorandum 719}, - year = 2002 -} - -@BOOK{Jacobs:1969, - title = {The Economy of Cities}, - publisher = {New York: Vintage}, - year = 1969, - author = {Jacobs, Jane} -} - -@ARTICLE{Jagannathan:Kubota:Takehara:1998, - author = {Jagannathan, Ravi and Kubota, Keiichi and Takehara, - Hitoshi}, - title = {Relationship between Labor-Income Risk and Average - Return: Empirical Evidence from the Japanese Stock - Market}, - journal = {Journal of Business}, - year = 1998, - volume = 71, - pages = {319--47}, - number = 3, - month = {July} -} - -@INCOLLECTION{jaher:gilded, - author = {Jaher, Frederic Cople}, - title = {The Gilded Elite: American Multimillionaires, 1865 - to the Present}, - booktitle = {Wealth and the Wealthy in the Modern World}, - publisher = {Croon Helm}, - year = 1980, - editor = {Rubinstein, W.~D.~}, - address = {London} -} - -@TECHREPORT{jahoda04, - author = {Jahoda, Robert}, - title = {Interaction of the Social and Tax Systems and Work - Incentives ({I}nterakce socialniho a danoveho - systemu a pracovni pobidky)}, - institution = {VUPSV Praha}, - year = 2004, - type = {Working Paper}, - note = {In Czech} -} - -@ARTICLE{jappelli:whoisconstr, - author = {Jappelli, Tullio}, - title = {Who is Credit Constrained in the U.S. Economy?}, - journal = {Quarterly Journal of Economics}, - year = 1990, - volume = 105, - pages = {219--34}, - number = 1 -} - -@article{jappelliPistaferri_FPMPC, - author = {Jappelli, Tullio and Pistaferri, Luigi}, - title = {Fiscal Policy and MPC Heterogeneity}, - journal = {AEJ: Marcoeconomics}, - volume = 6, - number = 4, - pages = {107--36}, - year = 2014, -} - -@article{JRreserves, -title={The Optimal Level of Reserves for Emerging Market Countries: Formulas and Applications}, -author={Olivier Jeanne and Romain Ranci\`{e}re}, -journal={Economic Journal}, -volume={121}, -number={555}, -pages={905-930}, -year={2011} -} - -@ARTICLE{JRreserves-CEPRWP, - author = {Jeanne, Olivier and Ranci\`ere, Romain}, - title = {The Optimal Level of Reserves for Emerging Market - Countries: a New Formula and Some Applications}, - journal = {CEPR Discussion Paper}, - year = 2008, - number = 6723 -} - -@MISC{jeffersonOLG, - author = {Jefferson, Thomas}, - title = {`The Earth Belongs to the Living': A Letter to James - Madison}, - howpublished = - {\url{http://infomotions.com/etexts/literature/american/1700-1799/jefferson-letters-256.htm}}, - month = {September}, - year = 1789, - address = {Paris}, - day = 6 -} - -@ARTICLE{jensen&shore, - author = {Jensen, Shane T. and Shore, Stephen H.}, - title = {Changes in the Distribution of Income Volatility}, - journal = {Manuscript}, - year = 2008 -} - -@comment{Jermann1998Old} -@comment{jermann:assetpricing} -@comment{jermann:assetPricing} -@ARTICLE{jermannProduction, - author = {Jermann, Urban J.}, - title = {Asset Pricing in Production Economies}, - journal = {Journal of Monetary Economics}, - year = 1998, - volume = 42, - pages = {257--75}, - number = 2, - month = {April} -} - -@INCOLLECTION{johnson&eller:inhtax, - author = {Johnson, Barry and Eller, Marthat Britton}, - title = {Federal Taxation of Inheritance and Wealth - Transfers}, - booktitle = {Turing Administrative Systems into Information - Systems 1996-1997}, - publisher = {Internal Revenue Service}, - year = 1998, - address = {Washington, DC} -} - -@ARTICLE{jpsTax, - author = {Johnson, David S. and Parker, Jonathan A. and - Souleles, Nicholas S.}, - title = {Household Expenditure and the Income Tax Rebates of - 2001}, - journal = {American Economic Review}, - year = 2006, - volume = 96, - pages = {1589--1610}, - number = 5, - month = {December}, - bdsk-url-1 = - {http://ideas.repec.org/a/aea/aecrev/v96y2006i5p1589-1610.html}, - url = - {http://ideas.repec.org/a/aea/aecrev/v96y2006i5p1589-1610.html} -} - -@ARTICLE{jdMetrics, - author = {Johnston, J. and DiNardo, J.}, - title = {Econometric Methods}, - journal = {Econometric Theory}, - year = 2000, - volume = 16, - pages = {139--142} -} - -@ARTICLE{jol02, - author = {Jolliffe, Dean}, - title = {The Gender Wage Gap in {B}ulgaria: A Semiparametric - Estimation of Discrimination}, - journal = {Journal of Comparative Economics}, - year = 2002, - volume = 30, - pages = {276--295}, - number = 2 -} - -@ARTICLE{jmr:opttax, - author = {{Jones, L.~E., Rodolfo E.~Manuelli} and - {P.~E.~Rossi}}, - title = {Optimal Taxation in Models of Endogenous Growth}, - journal = {Journal of Political Economy}, - year = 1993, - volume = 101, - pages = {485--517}, - number = 3 -} - -@ARTICLE{joulfaian:estatetax, - author = {Joulfaian, David}, - title = {The Federal Estate and Gift Tax: Description, - Profile of Taxpayers, and Economic Consequences}, - journal = {Department of the Treasury, Office of Tax Analysis, - OTA Paper 80}, - year = 1998 -} - -@ARTICLE{jedc_ksVolume, - author = {{Journal of Economic Dynamics and Control}}, - title = {Computational Suite of Models with Heterogeneous - Agents: Incomplete Markets and Aggregate - Uncertainty}, - journal = {edited by Wouter J. Den Haan, Kenneth L. Judd, - Michel Juillard}, - year = 2010, - volume = 34, - pages = {1--100}, - number = 1 -} - -@ARTICLE{jwHousing, - author = {G. Donald Jud and Daniel T. Winkler}, - title = {The Dynamics of Metropolitan Housing Prices}, - journal = {Journal of Real Estate Research}, - year = 2002, - volume = 23, - pages = {29--45} -} - -@BOOK{judd:book, - title = {Numerical Methods in Economics}, - publisher = {The MIT Press}, - year = 1998, - author = {Judd, Kenneth L.}, - address = {Cambridge, Massachusetts} -} - -@MISC{judd:stoch, - author = {Judd, Kenneth L.}, - title = {Optimal Taxation in Dynamic Stochastic Economies: - Theory and Evidence}, - howpublished = {Working Paper}, - year = 1990 -} - -@ARTICLE{jur05, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n}, - title = {Gender Segregation and Wage Gap: An {E}ast--{W}est - Comparison}, - journal = {Journal of the European Economic Association}, - year = 2005, - volume = 3, - pages = {598--607}, - number = {2--3} -} - -@ARTICLE{jur03, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n}, - title = {Gender Wage Gap and Segregation in Enterprises and - the Public Sector in Late Transition Countries}, - journal = {Journal of Comparative Economics}, - year = 2003, - volume = 31, - pages = {199--222}, - number = 2 -} - -@ARTICLE{jh07, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n and - Harmgart, Heike}, - title = {When Do Female Occupations Pay More?}, - journal = {Journal of Comparative Economics}, - year = 2007, - volume = 35, - pages = {170--187}, - number = 1 -} - -@TECHREPORT{jz05, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n and - {Zubrick{\'}y}, Jozef}, - title = {Employment Incentives in the {C}zech {R}epublic: - Comparing Current and Proposed Social Support - Systems}, - institution = {CERGE--EI}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{jlss:wealtheffect, - author = {Juster, F. Thomas and Lupton, Joseph and Smith, - James P. and Stafford, Frank}, - title = {The Decline in Household Saving and Wealth Effect}, - journal = {Mimeo, University of Michigan}, - year = 2001 -} - -@TECHREPORT{Juster2001, - author = {F. Thomas Juster and Joseph Lupton and James - P. Smith and Frank Stafford}, - title = {The Decline in Household Saving and Wealth Effect}, - institution = {University of Michigan}, - year = 2001, - type = {mimeo} -} - -@ARTICLE{juststaff91, - author = {Juster, Thomas F and Stafford, Frank P}, - title = {The Allocation of Time: Empirical Findings, - Behavioral Models, and Problems of Measurement}, - journal = {Journal of Economic Literature}, - year = 1991, - volume = 29, - pages = {471--522}, - number = 2 -} - -@BOOK{kahnemanThinking, - title = {Thinking, Fast and Slow}, - publisher = {Farrar, Straus and Giroux}, - year = 2011, - author = {Kahneman, D.}, - note = {\url{http://books.google.com/books?id=SHvzzuCnuv8C}}, - isbn = 9780374275631, - lccn = 2011027143, - url = {http://books.google.com/books?id=SHvzzuCnuv8C} -} - -@ARTICLE{kws:bentham, - author = {Kahneman, Danny and Wakker, Peter P. and Sarin, - Rakesh}, - title = {Back to Bentham? Explorations of Experienced - Utility}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = 112, - pages = {375--406} -} - -@ARTICLE{kcFourthDimension, - author = {Kalton, G. and Citro, C.F.}, - title = {Panel surveys: adding the fourth dimension}, - journal = {Innovation: The European Journal of Social Science - Research}, - year = 1995, - volume = 8, - pages = {25--39}, - number = 1, - publisher = {Taylor and Francis} -} - -@ARTICLE{krBoE, - author = {Kamath, Kishore and Kate Reinhold}, - title = {The Financial Position of British Households: - Evidence from the 2011 NMG Consulting Survey}, - journal = {Bank of England Quarterly Bulletin}, - year = 2011, - month = {Q4} -} - -@ARTICLE{kwb:dynamics, - author = {Kapteyn, Arie and Wansbeek, Tom J. and Buyze, J.}, - title = {The Dynamics of Preference Formation}, - journal = {Journal of Economic Behavior and Organization}, - year = 1980, - volume = 1, - pages = {123--157} -} - -@ARTICLE{Karahan:2012gm, - author = {Karahan, Fatih and Ozkan, Serdar}, - title = {{On the persistence of income shocks over the life - cycle: Evidence, theory, and implications}}, - journal = {Review of Economic Dynamics}, - year = 2012, - pages = {1--25}, - month = aug, - abstract = {Review of Economic Dynamics, - 10.1016/j.red.2012.08.001}, - date-added = {2013-04-07T22:40:13GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - doi = {10.1016/j.red.2012.08.001}, - file = - {{Review_of_Economic_Dynamics_2012_Karahan.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Karahan/Review_of_Economic_Dynamics_2012_Karahan.pdf:application/pdf}}, - keywords = {Idiosyncratic earnings risk, Incomplete markets - models, Earnings persistence, Consumption insurance}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Karahan/Review_of_Economic_Dynamics_2012_Karahan.pdf}, - rating = 0, - uri = - {\url{papers2://publication/doi/10.1016/j.red.2012.08.001}}, - url = {http://dx.doi.org/10.1016/j.red.2012.08.001} -} - -@ARTICLE{ksw:liabs, - author = {Kasten, Richard and Sammartino, Frank and Weiner, - David}, - title = {Estimates of Federal Tax Liabilities for Individuals - and Families By Income Category and Family Type for - 1995 and 1999}, - journal = {Congressional Budget Office, Report to the House and - Senate Budget Committees and the House Ways and - Means Committee}, - year = 1998, - note = {Avilable at - http://www.cbo.gov/showdoc.cfm?index=527\&sequence=0\&from=1 - as of May 23, 2000} -} - -@ARTICLE{kazarosian:restat, - author = {Kazarosian, Mark}, - title = {Precautionary Savings -- A Panel Study}, - journal = {Review of Economics and Statistics}, - year = 1997, - volume = 79, - pages = {241--247}, - number = 2 -} - -@TECHREPORT{keen05, - author = {Keen, Benjamin D.}, - title = {Sticky Price and Sticky Information Price Setting - Models: What is the Difference?}, - institution = {University of Oklahoma}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{KennickellLusardiDisentangling, - author = {Kennickell, Arthur and Lusardi, Annamaria}, - title = {Disentangling the Importance of the Precautionary - Saving Motive}, - journal = {Working Paper, Dartmouth College}, - year = 2005, - month = {December} -} - -@TECHREPORT{kennickellCurrents, - author = {Kennickell, Arthur B.}, - title = {Currents and Undercurrents: Changes in the - Distribution of Wealth, 1989-2004}, - institution = {Federal Reserve Board}, - year = 2006, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2001.10.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2001.10.pdf}}, - month = {June} -} - -@TECHREPORT{Kennickell:1998, - author = {Kennickell, Arthur B.}, - title = {List Sample Design for 1998 Survey of Consumer - Finances}, - institution = {Federal Reserve Board}, - year = 2006, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/listsample.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/listsample.pdf}} -} - -@TECHREPORT{KennickellB:2006, - author = {Kennickell, Arthur B.}, - title = {How Do We Know If We Aren't Looking? An - Investigation Of Data Quality in the 2004 SCF}, - institution = {Federal Reserve Board}, - year = 2006, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/asa2006.3.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/asa2006.3.pdf}}, - month = {September} -} - -@TECHREPORT{Kennickell:2003, - author = {Kennickell, Arthur B.}, - title = {A Rolling Tide: Changes in the Distribution of - Wealth in the U.S., 1989-2001}, - institution = {Federal Reserve Board}, - year = 2003, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2004.5.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2004.5.pdf}} -} - -@ARTICLE{kennickell:wealth, - author = {Kennickell, Arthur B.}, - title = {An Examination of Changes in the Distribution of - Wealth From 1989 to 1998: Evidence from the Survey - of Consumer Finances}, - journal = {Manuscript Prepared for Conference on Saving, - Intergenerational Transfers, and the Distribution of - Wealth, Bard College, June 7-9, 2000}, - year = 2000 -} - -@TECHREPORT{Kennickell:1999, - author = {Kennickell, Arthur B.}, - title = {Revisions to the SCF Weighting Methodology: - Accounting for Race/Ethnicity and Homeownership}, - institution = {Federal Reserve Board}, - year = 1999, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/weight.revision.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/weight.revision.pdf}} -} - -@ARTICLE{kennickell&lusardi:scfquestions, - author = {Kennickell, Arthur B. and Lusardi, Annamaria}, - title = {Assessing the Importance of the Precautionary Saving - Motive: Evidence from the 1995 SCF}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1999 -} - -@ARTICLE{scf:focusgroup, - author = {{Kennickell, Arthur B.}, {Martha Starr-McCluer} and - {Annika Sunden}}, - title = {Saving and Financial Planning: Some Findings from a - Focus Group}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1995 -} - -@ARTICLE{kermack&mckendrick:disease, - author = {Kermack, W. O. and McKendrick, A. G.}, - title = {Contributions to the Mathematical Theory of - Epidemics}, - journal = {Proceedings of the Royal Academy of Sciences A}, - year = 1927, - volume = 115, - pages = {700--721} -} - -@BOOK{keynes:generaltheory, - title = {The General Theory of Employment, Interest, and - Money}, - publisher = {Harcourt, Brace}, - year = 1936, - author = {Keynes, John Maynard} -} - -@ARTICLE{wealthLit, - author = {Khalifa, Sherif}, - title = {Brief Summaries of Principal Papers on Housing - Wealth Effects}, - journal = {Manuscript, Johns Hopkins University}, - year = 2004, - month = {January}, - note = {Available at { - \url{https://www.econ2.jhu.edu/people/ccarroll/wealthLit.html}}}, - howpublished = {url} -} - -@ARTICLE{kz06, - author = {Hashmat Khan and Zhenhua Zhu}, - title = {Estimates of the Sticky-Information Phillips Curve - for the United States}, - journal = {Journal of Money, Credit and Banking}, - year = 2006, - volume = 38, - pages = {195--207}, - number = 1 -} - -@TECHREPORT{kz02, - author = {Hashmat Khan and Z. Zhu}, - title = {Estimates of the Sticky Information Phillips Curve - for the United States, Canada, and the United - Kingdom}, - institution = {Bank of Canada}, - year = 2002, - type = {working paper}, - volume = 19 -} - -@ARTICLE{khwajaMianTracing, - author = {Khwaja, Asim Ijaz and Mian, Atif}, - title = {Tracing the Impact of Bank Liquidity Shocks: - Evidence from an Emerging Market}, - journal = {Manuscript, Kennedy School of Government, Harvard - University}, - year = 2008 -} - -@TECHREPORT{kiley05, - author = {Michael T. Kiley}, - title = {A Quantitative Comparison of Sticky-Price and - Sticky-Information Models of Price Setting}, - institution = {Federal Reserve Board}, - year = 2005, - type = {mimeo} -} - -@BOOK{killingsworth83, - title = {Labor supply}, - publisher = {Cambridge: Cambridge University Press}, - year = 1983, - author = {Killingsworth, Mark R.} -} - -@ARTICLE{kim, - author = {Kim, Jinill and Kim, Sunghyun Henry and Kollmann, - Robert}, - title = {Solving the Incomplete Market Model with Aggregate - Uncertainty Using a Perturbation Method}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {50--58}, - number = 1, - month = {January} -} - -@ARTICLE{kimball:standardra, - author = {Kimball, Miles S.}, - title = {Standard Risk Aversion}, - journal = {Econometrica}, - year = 1993, - volume = 61, - pages = {589--611}, - number = 3, - month = may -} - -@ARTICLE{kimball:mpc, - author = {Kimball, Miles S.}, - title = {Precautionary Saving and the Marginal Propensity to - Consume}, - journal = {NBER Working Paper Number 3403}, - year = 1990 -} - -@ARTICLE{kimball:smallandlarge, - author = {Kimball, Miles S.}, - title = {Precautionary Saving in the Small and in the Large}, - journal = {Econometrica}, - year = 1990, - volume = 58, - pages = {53--73} -} - -@ARTICLE{kimball&mankiw:timing, - author = {Kimball, Miles S and Mankiw, N Gregory}, - title = {Precautionary Saving and the Timing of Taxes}, - journal = {Journal of Political Economy}, - year = 1989, - volume = 97, - pages = {863--79}, - number = 4, - month = {August}, - bdsk-url-1 = - {http://ideas.repec.org/a/ucp/jpolec/v97y1989i4p863-79.html}, - url = - {http://ideas.repec.org/a/ucp/jpolec/v97y1989i4p863-79.html} -} - -@ARTICLE{kssImputing, - author = {Kimball, Miles S. and Sahm, Claudia R. and Shapiro, - Matthew D.}, - title = {Imputing Risk Tolerance from Survey Responses}, - journal = {Journal of the American Statistical Association}, - year = 2008, - volume = 103, - pages = {1028--1038}, - number = 483, - note = - {\url{http://pubs.amstat.org/doi/pdf/10.1198/016214508000000139}}, - abstract = {Economic theory assigns a central role to risk - preferences. This article develops a measure of - relative risk tolerance using responses - tohypothetical income gambles in the Health and - Retirement Study. In contrast to most survey - measures that produce an ordinal metric, thisarticle - shows how to construct a cardinal proxy for the risk - tolerance of each survey respondent. The article - also shows how to accountfor measurement error in - estimating this proxy and how to obtain consistent - regression estimates despite the measurement - error. The risktolerance proxy is shown to explain - differences in asset allocation across households.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kssImputing.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kssImputing.pdf:PDF}, - publisher = {ASA}, - url = - {http://pubs.amstat.org/doi/pdf/10.1198/016214508000000139} -} - -@ARTICLE{KimballWeil:Poss, - author = {Kimball, Miles S. and Weil, Philippe}, - title = {Precautoinary Saving and Consumption Smoothing - Across Time and Possibilities}, - journal = {Manuscript, University of Michigan}, - year = 2004, - month = {September} -} - -@BOOK{kindleberger, - title = {Manias, Panics, and Crashes: A History of Financial - Crises}, - publisher = {Wiley}, - year = 2005, - author = {Kindleberger, Charles P.}, - note = {5th Edition} -} - -@ARTICLE{king&leape:ageinfo, - author = {King, Mervyn and Leape, Jonathan}, - title = {Asset Accumulation, Information, and the Life Cycle}, - journal = {NBER Working Paper No. 2392}, - year = 1984 -} - -@INPROCEEDINGS{klCapital, - author = {King, Robert G. and Levine, Ross}, - title = {Capital Fundamentalism, Economic Development, and - Economic Growth}, - booktitle = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - volume = 40, - pages = {259--292}, - organization = {Elsevier} -} - -@ARTICLE{kpr:prodn, - author = {King, Robert G. and Plosser, Charles I. and Rebelo, - Sergio T.}, - title = {Production, Growth, and Business Cycles, {I}: The - Basic Neoclassical Model and {II}: New Directions}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 21, - pages = {195--232 and309--341}, - number = {2/3} -} - -@ARTICLE{king&rebelo:trans, - author = {King, Robert G. and Rebelo, Sergio T.}, - title = {Transitional Dynamics and Economic Growth in the - Neoclassical Model}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {908--931}, - number = 4, - note = {Available at { - \url{http://ideas.repec.org/a/aea/aecrev/v83y1993i4p908-31.html}}} -} - -@ARTICLE{king&levine:crcs, - author = {{King, Robert G.} and {Levine, Ross E.}}, - title = {Capital Fundamentalism}, - journal = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - volume = 40, - month = {June} -} - -@ARTICLE{king&rebelo:neo, - author = {{King, Robert G.} and {Sergio T. Rebelo}}, - title = {Public Policy and Economic Growth: Developing the - Neoclassical Implications}, - journal = {Journal of Political Economy}, - year = 1990, - volume = 98, - pages = {S126--S150}, - number = {5, pt 2} -} - -@ARTICLE{kirman1992whom, - author = {Kirman, Alan P.}, - title = {{Whom or What Does the Representative Individual - Represent?}}, - journal = {The Journal of Economic Perspectives}, - year = 1992, - volume = 6, - pages = {117--136}, - number = 2, - publisher = {JSTOR} -} - -@ARTICLE{klenow&r-c:toofar, - author = {Klenow, Peter J. and Rodr{\'}{i}guez-Clare, - Andr{\'}{e}s}, - title = {The Neoclassical Revival in Growth Economics: Has It - Gone Too Far?}, - journal = {NBER Macroeconomics Annual, 1997}, - year = 1997, - pages = {73--103} -} - -@ARTICLE{kocherlakota:stillapuzzle, - author = {Kocherlakota, Narayana}, - title = {The Equity Premium: It's Still a Puzzle}, - journal = {Journal of Economic Literature}, - year = 1996, - volume = {XXXIV}, - number = 1, - month = {March} -} - -@INCOLLECTION{knvSurveyVsAdminSweden, - author = {Koijen, Ralph and Stijn van Nieuwerburgh and Roine - Vestman}, - title = {Judging the Quality of Survey Data by Comparison - with ``Truth'' as Measured By Administrative - Records: Evidence from Sweden}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2013, - address = {Chicago}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvSurveyVsAdminSweden.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvSurveyVsAdminSweden.pdf:PDF} -} - -@INCOLLECTION{knvAdminSurveySweden, - author = {Koijen, Ralph and Stijn Van Nieuwerburgh and Roine - Vestman}, - title = {Judging the Quality of Survey Data by Comparison - with ``Truth'' as Measured By Administrative - Records: Evidence from Sweden}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\\ - \url{http://nber.org/confer/2011/CRIWf11/Koijen_Van_Nieuwerburgh_Vestman.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvAdminSurveySweden.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvAdminSurveySweden.pdf:PDF}, - url = - {http://www.nber.org/confer/2011/CRIWf11/Koijen_Van_Nieuwerburgh_Vestman.pdf} -} - -@INCOLLECTION{knvTruth, - author = {Koijen, Ralph and S. Van Nieuwerburgh and Roine - Vestman}, - title = {Judging the Quality of Survey Data by Comparison - with Truth as Measured By Administrative Records: - Evidence from Sweden}, - booktitle = {Forthcoming in {\it Improving the Measurement of - Household Expenditures}}, - publisher = {Chicago: University of Chicago Press}, - year = 2013, - editors = {Christopher Carroll, Thomas Crossley, and John - Sabelhaus} -} - -@INCOLLECTION{koopmans:growth, - author = {Koopmans, Tjalling C.}, - title = {On the concept of optimal economic growth}, - booktitle = {(Study Week on the) Econometric Approach to - Development Planning}, - publisher = {North-Holland Publishing Co., Amsterdam}, - year = 1965, - chapter = 4, - pages = {225--87} -} - -@ARTICLE{kssInequalitySince1937, - author = {Kopczuk, Wojciech and Emmanuel Saez and Jae Song}, - title = {Earnings Inequality and Mobility in the United - States: Evidence from Social Security Data since - 1937*}, - journal = {Quarterly Journal of Economics}, - year = 2010, - volume = 125, - pages = {91--128}, - number = 1, - publisher = {MIT Press} -} - -@ARTICLE{kopecky2010finite, - author = {Kopecky, Karen A. and Suen, Richard M.H.}, - title = {Finite State Markov-Chain Approximations To Highly - Persistent Processes}, - journal = {Review of Economic Dynamics}, - year = 2010, - volume = 13, - pages = {701--714}, - number = 3, - note = - {\url{http://www.karenkopecky.net/RouwenhorstPaper.pdf}}, - bdsk-url-1 = {http://www.karenkopecky.net/RouwenhorstPaper.pdf}, - publisher = {Elsevier}, - url = {http://www.karenkopecky.net/RouwenhorstPaper.pdf} -} - -@TECHREPORT{kor05, - author = {Korenok, Oleg}, - title = {Empirical Comparison of Sticky Price and Sticky - Information Models}, - institution = {Virginia Commonwealth University}, - year = 2005, - type = {mimeo} -} - -@BOOK{kotlikoff&smith:pensions, - title = {Pensions in the American Economy}, - publisher = {University of Chicago Press}, - year = 1983, - author = {Kotlikoff, Laurence J. and Smith, Daniel E.} -} - -@ARTICLE{kotlikoff&summers:wealth, - author = {Kotlikoff, Laurence J. and Summers, Lawrence H.}, - title = {The Role of Intergenerational Transfers in Aggregate - Capital Accumulation}, - journal = {Journal of Public Economics}, - year = 1981, - volume = 89, - pages = {706--32}, - number = 4 -} - -@TECHREPORT{ko05, - author = {Krajcir, Zdenko and Ludovit, Odor}, - title = {First Year of the Tax Reform, or 19 Percent at Work - (Prvy rok danovej reformy alebo 19\%\ v akcii)}, - institution = {Institut financnej politiky, Ministerstvo financii - SR, Bratislava}, - year = 2005, - type = {working paper}, - number = 8, - note = {in Slovak} -} - -@ARTICLE{krebs:qje, - author = {Krebs, Tom}, - title = {Human Capital Risk And Economic Growth}, - journal = {The Quarterly Journal of Economics}, - year = 2003, - volume = 118, - pages = {709--744}, - number = 2, - month = {May}, - note = {available at - http://ideas.repec.org/a/tpr/qjecon/v118y2003i2p709-744.html} -} - -@ARTICLE{krebs:red, - author = {Krebs, Tom}, - title = {Growth and Welfare Effects of Business Cycles in - Economies with Idiosyncratic Human Capital Risk}, - journal = {Review of Economic Dynamics}, - year = 2003, - volume = 6, - pages = {846--868}, - number = 4, - month = {October}, - note = {available at - http://ideas.repec.org/a/red/issued/v6y2002i2p846-868.html} -} - -@ARTICLE{krebs:jmathe, - author = {Krebs, Tom}, - title = {Endogenous probabilities and the information - revealed by prices}, - journal = {Journal of Mathematical Economics}, - year = 2001, - volume = 36, - pages = {1--18}, - number = 1, - month = 9, - note = {available at - http://ideas.repec.org/a/eee/mateco/v36y2001i1p1-18.html} -} - -@ARTICLE{krebs:econlett, - author = {Krebs, Tom}, - title = {Information and asset prices in complete markets - exchange economies}, - journal = {Economics Letters}, - year = 1999, - volume = 65, - pages = {75--83}, - number = 1, - month = 10, - note = {available at - http://ideas.repec.org/a/eee/ecolet/v65y1999i1p75-83.html} -} - -@ARTICLE{krebs:jet, - author = {Krebs, Tom}, - title = {Statistical Equilibrium in One-Step Forward Looking - Economic Models}, - journal = {Journal of Economic Theory}, - year = 1997, - volume = 73, - pages = {365--394}, - number = 2, - month = 4, - note = {available at - http://ideas.repec.org/a/eee/jetheo/v73y1997i2p365-394.html} -} - -@ARTICLE{Maloney:2007vd, - author = {Tom Krebs and Pravin Krishna and William Maloney}, - title = {Human Capital, Trade Liberalization, and Income - Risk}, - journal = {Research Working papers}, - year = 2007, - abstract = {Abstract: Using data from Mexico, the authors study - empirically the link between trade policy and - individual income risk and the extent to which this - varies across workers of different human capital - (education) levels. They use longitudinal income - data on workers to ...}, - date-added = {2013-04-07T22:40:17GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{2007_Maloney.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2007/Maloney/2007_Maloney.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2007/Maloney/2007_Maloney.pdf}, - rating = 0, - uri = - {\url{papers2://publication/uuid/108309CC-3CD5-4F25-A62F-BF62FF0D7B50}}, - url = - {http://www.ingentaconnect.com/content/wb/wps4301/2007/00000001/00000001/art04276} -} - -@TECHREPORT{leth-petersen:liquidity, - author = {Claus Thustrup Kreiner and David Dreyer Lassen and - {S\o ren} Leth-Petersen}, - title = {Heterogeneous Responses and Aggregate Impact of the - 2001 Income Tax Rebates}, - institution = {CEPR}, - year = 2012, - type = {discussion paper}, - number = 9161 -} - -@INCOLLECTION{kllSurveyVsAdminDenmark, - author = {Kreiner, Claus Thustrup and David Dreyer Lassen and - S{\o}ren Leth-Petersen}, - title = {Examples of Combining Administrative Records and - Survey Data in Validation Studies}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = - {\url{http://www.nber.org/confer/2011/CRIWf11/Leth-Petersen.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kllSurveyVsAdminDenmark.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kllSurveyVsAdminDenmark.pdf:PDF}, - url = - {http://www.nber.org/confer/2011/CRIWf11/Leth-Petersen.pdf} -} - -@ARTICLE{kreinin:mpc, - author = {Kreinin, Mordecai E.}, - title = {Windfall Income and Consumption: Additional - Evidence}, - journal = {American Economic Review}, - year = 1961, - volume = 51, - pages = {388--390} -} - -@ARTICLE{kremer:unionsasdisease, - author = {Kremer, Michael}, - title = {An Epidemiological Model of Unions}, - journal = {Manuscript, Harvard University}, - year = 2000 -} - -@ARTICLE{KrepsPorteus:Prefs, - author = {Kreps, David M. and Porteus, Evan L.}, - title = {Temporal Resolution of Uncertainty and Dynamic - Choice Theory}, - journal = {Econometrica}, - year = 1978, - volume = 46, - pages = {185--200}, - month = {January} -} - -@ARTICLE{kpInequality, - author = {Krueger, Dirk and Perri, Fabrizio}, - title = {Does Income Inequality Lead to Consumption - Inequality? Evidence and Theory}, - journal = {The Review of Economic Studies}, - year = 2006, - volume = 73, - pages = {163--193}, - number = 1, - publisher = {Oxford University Press} -} - -@Misc{krugmanHistory, - Title = {Economics in the Crisis}, - Author = {Krugman, Paul}, - HowPublished = {Commencement Address, University of Lisbon}, - Month = {March}, - Note = - {\url{http://krugman.blogs.nytimes.com/2012/03/05/economics-in-the-crisis/}}, - Year = 2012, - file = {krugmanHistory.pdf:krugmanHistory.pdf:PDF}, - Owner = {Nic Johnson}, - Url = - {http://krugman.blogs.nytimes.com/2012/03/05/economics-in-the-crisis/} -} - -@ARTICLE{krugmanPostmodern, - author = {Krugman, Paul}, - title = {Postmodern Business Cycles}, - journal = {New York Times}, - year = 2012, - month = {January}, - note = {\url{http://krugman.blogs.nytimes.com/2012/01/27/postmodern-business-cycles/}}, - url = {http://krugman.blogs.nytimes.com/2012/01/27/postmodern-business-cycles/} -} - -@MISC{krugmanDarkAgeBlog, - author = {Krugman, Paul}, - title = {A Dark Age of Macroeconomics}, - howpublished = - {\url{http://krugman.blogs.nytimes.com/2009/01/27/a-dark-age-of-macroeconomics-wonkish/}}, - year = 2009, - journal = {New York Times}, - number = {January 27}, - type = {Blog} -} - -@ARTICLE{krugmanThoughts, - author = {Krugman, Paul}, - title = {Thoughts About Thinking}, - journal = {The Economist's View}, - year = 2008, - note = {Available at - {\url{http://economistsview.typepad.com/economistsview/2008/10/thoughts-about.html}}}, - bdsk-url-1 = - {http://economistsview.typepad.com/economistsview/2008/10/thoughts-about.html}, - url = - {http://economistsview.typepad.com/economistsview/2008/10/thoughts-about.html} -} - -@MISC{krugmanHousingBubble, - author = {Krugman, Paul}, - title = {That Hissing Sound}, - howpublished = {New York Times Column}, - month = {August}, - year = 2005, - bdsk-url-1 = - {http://www.nytimes.com/2005/08/08/opinion/08krugman.html}, - day = 8, - url = - {http://www.nytimes.com/2005/08/08/opinion/08krugman.html} -} - -@ARTICLE{ks99, - author = {Krusell, Per and Smith, Jr., Anthony A.}, - title = {On the Welfare Effects of Eliminating Business - Cycles}, - journal = {Review of Economic Dynamics}, - year = 1999, - volume = 2, - pages = {245--272} -} - -@ARTICLE{kcGenesRisk, - author = {Kuhnen, Camelia M. and Chiao, Joan Y.}, - title = {Genetic Determinants of Financial Risk Taking}, - journal = {PLoS ONE}, - year = 2009, - volume = 4, - pages = {e4362}, - number = 2, - month = 02, - abstract = {Individuals vary in their willingness to take - financial risks. Here we show that variants of two - genes that regulate dopamine and serotonin - neurotransmission and have been previously linked to - emotional behavior, anxiety and addiction (5-HTTLPR - and DRD4) are significant determinants of risk - taking in investment decisions. We find that the - 5-HTTLPR {\it s/s} allele carriers take 28\% less - risk than those carrying the {\it s/l} or {\it l/l} - alleles of the gene. DRD4 7-repeat allele carriers - take 25\% more risk than individuals without the - 7-repeat allele. These findings contribute to the - emerging literature on the genetic determinants of - economic behavior.}, - bdsk-url-1 = {http://dx.doi.org/10.1371/journal.pone.0004362}, - doi = {10.1371/journal.pone.0004362}, - publisher = {Public Library of Science}, - url = {http://dx.doi.org/10.1371/journal.pone.0004362} -} - -@ARTICLE{kydland&prescott:timeto, - author = {{Kydland, Finn E.} and {Edward C. Prescott}}, - title = {Time to Build and Aggregate Fluctuations}, - journal = {Econometrica}, - year = 1982, - volume = 50, - pages = {1345--1370}, - number = 6 -} - -@ARTICLE{kydland&prescott:inconsistent, - author = {{Kydland, Finn E.} and {Edward C. Prescott}}, - title = {Rules Rather than Discretion: The Inconsistency of - Optimal Plans}, - journal = {Journal of Political Economy}, - year = 1977, - volume = 85, - pages = {473--491}, - number = 3 -} - -@TECHREPORT{lm04, - author = {L{\"}unnemann, Patrick and Math{\"}a, Thomas Y.}, - title = {How Persistent Is Disaggregate Inflation? An - Analysis Across EU Countries and HICP Subindices}, - institution = {European Central Bank}, - year = 2004, - type = {European Central Bank working paper}, - number = 415 -} - -@INPROCEEDINGS{Lutkepohl04, - author = {Helmut L{\"}utkepohl}, - title = {Vector Autoregressive and Vector Error Correction - Models}, - booktitle = {Applied Econometric Time Series}, - year = 2004, - editor = {Helmut L{\"}utkepohl and Markus Kr{\"}atzig}, - address = {Cambridge}, - publisher = {Cambridge University Press} -} - -@BOOK{luet91, - title = {Introduction to Multiple Time Series Analysis}, - publisher = {Springer}, - year = 1991, - author = {L{\"}utkepohl, Helmut}, - address = {New York et al.} -} - -@TECHREPORT{lsy05, - author = {Labhard, Vincent and Sterne, Gabriel and Young, - Chris}, - title = {Wealth and Consumption: An Assessment of the - International Evidence}, - institution = {Bank of England}, - year = 2005, - type = {Bank of England woking paper}, - number = 275 -} - -@ARTICLE{labonte:housingpricebubble, - author = {Labonte, Marc}, - title = {U.S. Housing Prices: Is There a Bubble?}, - journal = {Congressional Research Service}, - year = 2003 -} - -@TECHREPORT{laf05, - author = {Laforte, Jean-Philippe}, - title = {Pricing Models: A Bayesian DSGE approach for the US - Economy}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{laibson:goldeneggs, - author = {Laibson, David}, - title = {Golden Eggs and Hyperbolic Discounting}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = {CXII}, - pages = {443--477}, - number = 2 -} - -@ARTICLE{laibson:hyperbuffer, - author = {Laibson, David}, - title = {Hyperbolic Discount Functions and Time Preference - Heterogeneity}, - journal = {Manuscript, Harvard University}, - year = 1997 -} - -@TECHREPORT{lrtDiscount, - author = {David Laibson and Andrea Repetto and Jeremy - Tobacman}, - title = {Estimating Discount Functions with Consumption - Choices over the Lifecycle}, - institution = {National Bureau of Economic Research}, - year = 2007, - type = {Working Paper}, - number = 13314, - month = {August}, - abstract = {Intertemporal preferences are difficult to - measure. We estimate time preferences using a - structural buffer stock consumption model and the - Method of Simulated Moments. The model includes - stochastic labor income, liquidity constraints, - child and adult dependents, liquid and illiquid - assets, revolving credit, retirement, and discount - functions that allow short-run and long-run discount - rates to differ. Data on retirement wealth - accumulation, credit card borrowing, and - consumption-income comovement identify the - model. Our benchmark estimates imply a 40\% - short-term annualized discount rate and a 4.3\% - long-term annualized discount rate. Almost all - specifications reject the restriction to a constant - discount rate. Our quantitative results are - sensitive to assumptions about the return on - illiquid assets and the coefficient of relative risk - aversion. When we jointly estimate the coefficient - of relative risk aversion and the discount function, - the short-term discount rate is 15\% and the - long-term discount rate is 3.8\%.}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w13314} -} - -@ARTICLE{lrt:debtpuzzle, - author = {Laibson, David and Repetto, Andrea and Tobacman, - Jeremy}, - title = {A Debt Puzzle}, - journal = {Manuscript, Harvard University}, - year = 1999 -} - -@ARTICLE{laitner:random, - author = {Laitner, John}, - title = {Random Earning Differences, Lifetime Liquidity - Constraints, and Altruistic Intergenerational - Transfers}, - journal = {Journal of Economic Theory}, - year = 1992, - volume = 58, - pages = {135--170}, - number = 2 -} - -@BOOK{landesbergerRestitution, - title = {Restitution Receipts, Household Savings and - Consumption Behavior in Israel}, - publisher = {Research Department, Bank of Israel}, - year = 1970, - author = {Landesberger, Michael}, - address = {Jerusalem} -} - -@ARTICLE{landsberger:mpcbyy, - author = {Landsberger, M.}, - title = {Windfall Income and Consumption: Comment}, - journal = {American Economic Review}, - year = 1966, - volume = 56, - pages = {534--540} -} - -@ARTICLE{lmf:mark2, - author = {Lane, Philip R. and Milesi-Ferretti, Gian Maria}, - title = {The External Wealth of Nations Mark II: Revised and - Extended Estimates of Foreign Assets and - Liabilities}, - journal = {Journal of International Economics}, - year = 2007, - volume = 73, - pages = {223--250}, - number = 2 -} - -@ARTICLE{lawrance:timepref, - author = {Lawrance, Emily C.}, - title = {Poverty and the Rate of Time Preference: Evidence - from Panel Data}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {54--77}, - number = 1 -} - -@ARTICLE{lebaron:summary, - author = {LeBaron, Blake}, - title = {Agent Based Computational Finance: Suggested - Readings and Early Research}, - journal = {Journal of Economic Dynamics and Control}, - year = {forthcoming} -} - -@TECHREPORT{LeBlanc:2000, - author = {Le Blanc, Gilles}, - title = {Regional Specialization, Local Externalities And - Clustering In Information Technology Industries}, - institution = {European Regional Science Association}, - year = 2000, - type = {ERSA conference papers}, - month = Aug, - bdsk-url-1 = {http://ideas.repec.org/p/wiw/wiwrsa/ersa00p168.html}, - url = {http://ideas.repec.org/p/wiw/wiwrsa/ersa00p168.html} -} - -@ARTICLE{Lehnert2003, - author = {Lehnert, Andreas}, - title = {Housing, Consumption, and Credit Constraints}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 2003, - month = {December} -} - -@TECHREPORT{lehnert:housing, - author = {Andreas Lehnert}, - title = {Housing, Consumption and Credit Constraints}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2001, - type = {manuscript} -} - -@INPROCEEDINGS{Leicester2012, - author = {Leicester, Andrew}, - title = {The Potential Use of In-Home Scanner Technology for - Budget Surveys}, - booktitle = {Improving the Measurement of Household Expenditures}, - year = 2012, - editor = {Carroll, Christopher D. and Thomas Crossley and John - Sabelhaus}, - publisher = {University of Chicago Press} -} - -@INCOLLECTION{leicesterScanner, - author = {Andrew Leicester}, - title = {The Potential Use of In-Home Scanner Technology for - Budget Surveys}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\\ Slides are at - \url{http://www.nber.org/confer/2011/CRIWf11/Leicester-Slides.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/leicesterScanner.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/leicesterScanner.pdf:PDF} -} - -@ARTICLE{LelandPrecaution, - author = {Leland, Hayne E.}, - title = {Saving and Uncertainty: The Precautionary Demand for - Saving}, - journal = {Quarterly Journal of Economics}, - year = 1968, - volume = 82, - pages = {465--473} -} - -@ARTICLE{lelbang&mukhergee:politics, - author = {Lelbang, David and Mukherjee, Bumba}, - title = {Elections, Partisan Politics and Stock Market - Performance: Theory and Evidence from a Century of - American and British Returns}, - journal = {Manuscript, University of Colorado}, - year = 2004 -} - -@ARTICLE{lettau:portfolios, - author = {Lettau, Martin}, - title = {Explaining the Facts with Adaptive Agents: The Case - of Mutual Fund Flows}, - journal = {Journal of Economic Dynamics and Control}, - year = 1997, - volume = 21, - pages = {1117--1147} -} - -@ARTICLE{llTrendCycle, - author = {Lettau, Martin and Ludvigson, Sydney}, - title = {Understanding Trend and Cycle in Asset Values: - Reevaluating the Wealth Effect on Consumption}, - journal = {American Economic Review}, - year = 2004, - volume = 94, - pages = {276--299}, - number = 1, - note = {\url{http://www.jstor.org/stable/3592779}}, - date-modified ={2011-10-15 00:09:24 -0400}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/llTrendCycle.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/llTrendCycle.pdf:PDF}, - url = {http://www.jstor.org/stable/3592779} -} - -@ARTICLE{lettau&ludvigson:assetvalues, - author = {Lettau, Martin and Ludvigson, Sydney}, - title = {Understanding Trend and Cycle in Asset Values: - Reevaluating the Wealth Effect on Consumption}, - journal = {NBER Working Paper 9848}, - year = 2003 -} - -@ARTICLE{llStockReturns, - author = {Lettau, Martin and Ludvigson, Sydney}, - title = {Consumption, Aggregate Wealth, and Expected Stock - Returns}, - journal = {Journal of Finance}, - year = 2001, - volume = 56, - pages = {815--849}, - number = 3, - note = {\url{http://www.jstor.org/stable/222534}}, - url = {http://www.jstor.org/stable/222534} -} - -@ARTICLE{llb:comment, - author = {Lettau, Martin and Ludvigson, Sydney and Barczi, - Nathan}, - title = {A Primer on the Economics and Time Series - Econometrics of Wealth Effects: A Comment}, - journal = {Federal Reserve Bank of New York}, - year = 2001 -} - -@ARTICLE{lettau&uhlig:rulesofthumb, - author = {Lettau, Martin and Uhlig, Harald}, - title = {Rules of Thumb and Dynamic Programming}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {148--174} -} - -@ARTICLE{Levin:1998, - author = {Levin, Laurence}, - title = {Are assets fungible? Testing the behavioral theory - of life-cycle savings}, - journal = {Journal of Economic Organization and Behavior,}, - year = 1998, - volume = 36, - pages = {59--83}, - abstract = {This paper is an empirical investigation of the - behavioral life-cycle savings model. This model - posits that self-control problems causes individuals - to depart substantially from rational behavior. I - show that this model can explain how the consumption - of individuals at or near retirement vary with - changes in different types of financial - assets. Specifically, consumption spending is - sensitive to changes in income and in liquid assets, - but not very sensitive to changes in the value of - other types of assets such as houses and social - security (even though the value of non-liquid assets - is relatively large for most of the households in - the sample). In general, the evidence presented here - favors the Behavioral Life-Cycle Model over the - conventional life-cycle model even when liquidity - constraints are introduced.} -} - -@ARTICLE{levine&renelt:aer, - author = {{Levine, Ross E.} and {David Renelt}}, - title = {A Sensitivity Analysis of Cross-Country Growth - Regressions}, - journal = {American Economic Review}, - year = 1992, - volume = 82, - pages = {942--963}, - month = {September} -} - -@ARTICLE{lillard&weiss, - author = {Lillard, Lee A. and Weiss, Yoram}, - title = {Components of Variation in Panel Earnings Data: - American Scientists 1960-70}, - journal = {Econometrica}, - year = 1979, - volume = 47, - pages = {437--454}, - number = 2, - month = {March} -} - -@ARTICLE{lillard&karoly:richsave, - author = {Lillard, Lee and Karoly, Lynn}, - title = {Income and Wealth Accumulation Over the Lifecycle}, - journal = {Manuscript, RAND Corporation}, - year = 1997 -} - -@ARTICLE{lindbeck:welfarestate, - author = {Lindbeck, Assar}, - title = {Welfare State Disincentives with Endogenous Habits - and Norms}, - journal = {Scandinavian Journal of Economics}, - year = 1995, - volume = 97, - pages = {477--94}, - number = 4 -} - -@ARTICLE{lnw:norms, - author = {Lindbeck, Assar and Nyberg, S. and Weibull, J-W.}, - title = {Social Norms and Economic Incentives in the Welfare - State}, - journal = {Industrial Institute for Economic and Social - Research}, - year = 1997 -} - -@ARTICLE{lu00, - author = {Ljungqvist, Lars and Uhlig, Harald}, - title = {Tax Policy and Aggregate Demand Management under - Catching Up with the Joneses}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {356--366}, - number = 3, - month = {June} -} - -@INPROCEEDINGS{lss:whatdrivesbook, - author = {Loayza, Norman and Schmidt-Hebbel, Klaus and - Serv{\'e}n, Luis}, - title = {What Drives Saving Across the World?}, - booktitle = {Saving in the World: Puzzles and Policies}, - year = 1998, - editor = {Serv{\'e}n, Luis} -} - -@ARTICLE{lss:whatdrives, - author = {Loayza, Norman and Schmidt-Hebbel, Klaus and - Serv{\'e}n, Luis}, - title = {What Drives Saving Across the World?}, - journal = {Review of Economics and Statistics}, - year = 2000, - volume = 82, - number = 1, - month = May -} - -@TECHREPORT{GarciaOlivera:2005, - author = {Lopez, Miguel Angel Garcia and Olivera, Ivan Muniz}, - title = {The Spatial Effect of Intra-Metropolitan - Agglomeration Economies}, - institution = {Department of Applied Economics at Universitat - Autonoma of Barcelona}, - year = 2005, - type = {Working Papers}, - number = 0513, - month = {June}, - bdsk-url-1 = {http://ideas.repec.org/p/uab/wprdea/wpdea0513.html}, - url = {http://ideas.repec.org/p/uab/wprdea/wpdea0513.html} -} - -@ARTICLE{lnFeathers, - author = {LoPrete, Chiara and Catherine S. Norman}, - title = {Rockets And Feathers In CO2-Power Markets? New - Evidence From The Second Phase Of The EU ETS}, - journal = {Manuscript, Johns Hopkins University}, - year = 2011, - note = {\\ - \url{http://www.webmeets.com/files/papers/EAERE/2011/201/AsymmetricPassthrough_May25-1.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lnFeathers.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lnFeathers.pdf:PDF}, - url = - {http://www.webmeets.com/files/papers/EAERE/2011/201/AsymmetricPassthrough_May25-1.pdf} -} - -@INCOLLECTION{lucas:critique, - author = {Lucas, Robert E.}, - title = {Econometric Policy Evaluation: A Critique}, - booktitle = {The Phillips Curve and Labour Markets}, - publisher = {Journal of Monetary Economics (Supplement)}, - year = 1976, - editor = {Brunner, Karl and Meltzer, Allan H.}, - volume = 1, - pages = {19--46} -} - -@ARTICLE{lucasGrowth, - author = {Lucas, Robert E.}, - title = {On the Mechanics of Economic Development}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 22, - pages = {3--42} -} - -@BOOK{lucasBusinessCycles, - title = {Models of Business Cycles, Yrjo Jahnsson Lectures}, - publisher = {Basil Blackwell}, - year = 1985, - author = {Robert E. Lucas}, - address = {Oxford} -} - -@Article{lucas:assetpricing, - Title = {Asset Prices in an Exchange Economy}, - Author = {Lucas, Robert E.}, - Journal = {Econometrica}, - Year = 1978, - Month = {December}, - Note = {Available at { - \url{http://www.jstor.org/stable/1913837}}}, - Pages = {1429--1445}, - Volume = 46, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1913837} -} - -@ARTICLE{lucas&stokey:money, - author = {{Lucas, Robert E.} and {Stokey, Nancy L.}}, - title = {Optimal Fiscal and Monetary Policy in an Economy - without Capital}, - journal = {Journal of Monetary Economics}, - year = 1983, - volume = 12, - pages = {55--93}, - number = {x} -} - -@ARTICLE{lud04, - author = {Ludvigson, Sydney}, - title = {Consumer Confidence and Consumer Spending}, - journal = {Journal of Economic Perspectives}, - year = 2004, - volume = 18, - pages = {29--50}, - number = 2 -} - -@ARTICLE{ludvigson:credit, - author = {Ludvigson, Sydney}, - title = {Consumption and Credit: A Model of Time-Varying - Liquidity Constraints}, - journal = {The Review of Economics and Statistics}, - year = 1999, - volume = 81, - pages = {434--47}, - number = 3 -} - -@PHDTHESIS{ludvigson:creditthesis, - author = {Ludvigson, Sydney}, - title = {Consumption and Credit: A Model of Time-Varying - Liquidity Constraints}, - school = {Princeton University}, - year = 1996 -} - -@ARTICLE{lettau&ludvigson:bullsandbearsold, - author = {Ludvigson, Sydney and Lettau, Martin}, - title = {Understanding Trend and Cycle in Asset Values: - Bulls, Bears, and the Wealth Effect on Consumption}, - journal = {Manuscript, New York University}, - year = 2001 -} - -@ARTICLE{lettau&ludvigson:finance, - author = {Ludvigson, Sydney and Lettau, Martin}, - title = {Consumption, Aggregate Wealth, and Expected Stock - Returns}, - journal = {Journal of Finance}, - year = 2001, - volume = 56, - pages = {815--49}, - number = 3, - month = {June} -} - -@ARTICLE{lmExcesses, - author = {Ludvigson, Sydney and Michaelides, Alexander}, - title = {Does Buffer Stock Saving Explain the Smoothness and - Excess Sensitivity of Consumption?}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - pages = {631--647}, - number = 3, - month = {June}, - note = {\\ \url{http://www.jstor.org/stable/2677884}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lmExcesses.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lmExcesses.pdf:PDF}, - url = {http://www.jstor.org/stable/2677884} -} - -@ARTICLE{ludvigson&paxson:approximation, - author = {Ludvigson, Sydney and Paxson, Christina}, - title = {Approximation Bias in Euler Equation Estimation}, - journal = {Manuscript, Federal Reserve Bank of New York}, - year = 1997 -} - -@ARTICLE{ludvigson&steindel:stockmarket, - author = {Ludvigson, Sydney and Steindel, Charles}, - title = {How Important is the Stock Market Effect on - Consumption?}, - journal = {Federal Reserve Bank of New York Economic Policy - Review}, - year = 1999 -} - -@ARTICLE{ls04, - author = {Ludwig, Alexander and {Sl{\o}k}, Torsten}, - title = {The Relationship between Stock Prices, House Prices - and Consumption in OECD Countries}, - journal = {Topics in Macroeconomics}, - year = 2004, - volume = 4, - pages = {Article 4}, - number = 1 -} - -@UNPUBLISHED{LudwigSlok:2002, - author = {Ludwig, Alexander and Sl{\o}k, Torsten}, - title = {The Impact of Changes in Stock Prices and House - Prices on Consumption in OECD Countries}, - note = {Working Paper 02/1 International Monetary Fund}, - year = 2002 -} - -@ARTICLE{Ludwig2004, - author = {Ludwig, Alexander and Slok, Torsten}, - title = {The Relationship between Stock Prices, House Prices - and Consumption in OECD Countries}, - journal = {Topics in Macroeconomics}, - year = 2004, - volume = 4, - number = {1, Article 4}, - note = {available at - http://ideas.repec.org/a/bep/mactop/v4y2004i1p1} -} - -@ARTICLE{ludwig&slok:assetpricesIMFwp, - author = {Ludwig, Alexander and Slok, Torsten}, - title = {The Impact of Changes in Stock Prices and House - Prices on Consumption in OECD Countries}, - journal = {IMF Working Paper 02/01}, - year = 2002 -} - -@ARTICLE{luengoprado:excesses, - author = {Luengo-Prado, Maria Jos{\'}e}, - title = {Durables, Nondurables, Down Payments, and - Consumption Excesses}, - journal = {Journal of Monetary Economics}, - year = 2006, - volume = 53, - pages = {1509--1539} -} - -@ARTICLE{lsStates, - author = {Luengo-Prado, Maria Jos{\'}e and S\/orensen, Bent}, - title = {What Can Explain the Excess Smoothness and - Sensitivity of State-Level Consumption?}, - journal = {Review of Economics and Statistics}, - year = 1998, - volume = {Forthcoming} -} - -@ARTICLE{LPSorensen:2006, - author = {Luengo-Prado, Mar{\'}{\i}a Jos{\'}{e} and Sorensen, - Bent}, - title = {What Can Explain Excess Smoothness and Sensitivity - of State-Level Consumption?}, - journal = {Forthcoming in the Review of Economics and - Statistics}, - year = 2006 -} - -@INCOLLECTION{lusardiBehavioral, - author = {Lusardi, Annamaria}, - title = {Information, Expectations, and Savings for - Retirement}, - booktitle = {Behavioral Dimensions of Retirement Economics}, - publisher = {Russell Sage Foundation}, - year = 1999, - editor = {Aaron, Henry}, - pages = {81--115}, - address = {Washington, DC} -} - -@ARTICLE{lusardiPlanning, - author = {Lusardi, Annamaria}, - title = {Planning and Savings for Retirement}, - journal = {Dartmouth College Working Paper}, - year = 2003 -} - -@ARTICLE{lusardi:explaining, - author = {Lusardi, Annamaria}, - title = {Explaining Why So Many Households Do Not Save}, - journal = {Manuscript, Dartmouth College}, - year = 1999 -} - -@ARTICLE{lusardi:importance, - author = {Lusardi, Annamaria}, - title = {On the Importance of the Precautionary Saving - Motive}, - journal = {American Economic Review Papers and Proceedings}, - year = 1998, - volume = 88, - pages = {449--453}, - number = 2 -} - -@ARTICLE{lusardi:subjective, - author = {Lusardi, Annamaria}, - title = {Precautionary Saving and Subjective Earnings - Variance}, - journal = {Economics Letters}, - year = 1997, - volume = 57, - pages = {319--326} -} - -@ARTICLE{lusardi:panel, - author = {Lusardi, Annamaria}, - title = {Permanent Income, Current Income, and Consumption: - Evidence from Panel Data}, - journal = {Manuscript, Dartmouth College}, - year = 1992 -} - -@ARTICLE{lusardiMitchellLiteracy, - author = {Lusardi, Annamaria and Mitchell, Olivia}, - title = {Financial Literacy and Planning: Implications for - Retirement Wellbeing}, - journal = {Wharton School Working Paper}, - year = 2006 -} - -@ARTICLE{lusardiMitchellBoomers, - author = {Lusardi, Annamaria and Mitchell, Olivia S.}, - title = {Baby Boomer Retirement Security: The Roles of - Planning, Financial Literacy, and Housing Wealth}, - journal = {Journal of Monetary Economics}, - year = 2007, - volume = {Forthcoming}, - bdsk-url-1 = {http://dx.doi.org/10.1016/j.moneco.2006.12.001}, - doi = {doi:10.1016/j.moneco.2006.12.001} -} - -@ARTICLE{lstFragile, - author = {Lusardi, Annamaria and Schneider, Daniel J. and - Peter Tufano}, - title = {Financially Fragile Households: Evidence and - Implications}, - journal = {NBER Working Paper Number 17072}, - year = 2011, - number = 17072, - note = {\url{http://www.nber.org/papers/w17072}}, - file = {lstFragile.pdf:lstFragile.pdf:PDF}, - publisher = {National Bureau of Economic Research, Inc}, - url = {http://www.nber.org/papers/w17072} -} - -@ARTICLE{lusardiSkinnerPolicy, - author = {Lusardi, Annamaria and Skinner, Jonathan and Venti, - Steven}, - title = {Saving Puzzles and Saving Policies in the United - States}, - journal = {Oxford Review of Economic Policy}, - year = 2001, - volume = 17, - pages = {95--115}, - number = 1 -} - -@ARTICLE{lv05, - author = {Lustig, Hanno N. and {Van Nieuwerburgh}, Stijn G.}, - title = {Housing Collateral, Consumption Insurance and Risk - Premia: An Empirical Perspective}, - journal = {Journal of Finance}, - year = 2005, - volume = 60, - pages = {1167--1219}, - number = 3 -} - -@MISC{Melitz/Zumer:1999, - author = {M{\'}{e}litz, Jacques and Zumer, - Fr{\'}{e}d{\'}{e}ric}, - title = {Interregional and international risk sharing and - lessons for EMU}, - howpublished = {CEPR Discussion Paper No. 2154}, - month = {May}, - year = 1999, - file = {:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/#F#:Djvu} -} - -@ARTICLE{mullerelliott:initial, - author = {M{\"}uller, Ulirich K. and Elliott, Graham}, - title = {Tests for unit roots and the initial condition}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {1269--}, - number = 4, - month = {July} -} - -@ARTICLE{ms07, - author = {M{\"}unich, Daniel and Svejnar, Jan}, - title = {Unemployment in {E}ast and {W}est {E}urope}, - journal = {Labor Economics}, - year = 2007, - volume = 14, - pages = {681--694}, - number = 4 -} - -@ARTICLE{mst05a, - author = {M{\"}unich, Daniel and Svejnar, Jan and Terrell, - Katherine}, - title = {Returns to Human Capital Under The {C}ommunist Wage - Grid and During the Transition to a Market Economy}, - journal = {The Review of Economics and Statistics}, - year = 2005, - volume = 87, - pages = {100--123}, - number = 1 -} - -@ARTICLE{mst05, - author = {Daniel M{\"u}nich and Jan Svejnar and Catherine - Terrell}, - title = {Is Women's Human Capital Valued More by Markets than - by Planners?}, - journal = {Journal of Comparative Economics}, - year = 2005, - volume = 33, - pages = {278--299}, - number = 2 -} - -@TECHREPORT{mw07, - author = {Ma{\'}ckowiak, Bartosz and Wiederholt, Mirko}, - title = {Optimal Sticky Prices under Rational Inattention}, - institution = {Northwestern University}, - year = 2007, - type = {mimeo} -} - -@BOOK{macaulay, - title = {The Movements of Interest Rates, Bond Yields and - Stock Prices in the United States Since 1856}, - publisher = {National Bureau of Economic Research}, - year = 1938, - author = {Macaulay, Frederick R.}, - address = {New York} -} - -@TECHREPORT{mr07, - author = {Machin, Stephen and {Van Reenen}, John}, - title = {Changes in Wage Inequality}, - institution = {Center for Economic Performance, London School of - Economics and Political Science}, - year = 2007, - type = {Special Paper}, - number = 18 -} - -@ARTICLE{macklem:consumption, - author = {Macklem, R. Tiff}, - title = {Wealth, Disposable Income and Consumption: Some - Evidence for Canada}, - journal = {Bank of Canada}, - year = 1994 -} - -@article{macurdyLelasticity, - author = {MaCurdy, Thomas E.}, - journal = {Journal of Political Economy}, - month = {December}, - number = 6, - pages = {1059-1085}, - title = {An Empirical Model of Labor Supply in a Life-Cycle - Setting}, - volume = 89, - year = 1981, -} - -@ARTICLE{madrian&shea:401k, - author = {Madrian, Brigitte C. and Shea, Dennis F.}, - title = {The Power of Suggestion: Inertia in 401(k) - Participation and Savings Behavior}, - journal = {NBER Working Paper 7682}, - year = 2000, - month = may -} - -@ARTICLE{mpCohort, - author = {Maki, Dean M. and Michael G. Palumbo}, - title = {Disentangling the Wealth Effect: A Cohort Analysis - of Household Saving in the 1990s}, - journal = {Finance and Economics Discussion Series 2001-21}, - year = 2001, - publisher = {Federal Reserve Board of Governors} -} - -@ARTICLE{maliar:KS, - author = {Maliar, Lilia and Maliar, Serguei and Valli, - Fernando}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty Using the Krusell Smith Algorithm}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {42--49}, - number = 1, - month = {January} -} - -@ARTICLE{maliar, - author = {Maliar, Lilia and Maliar, Serguei and Valli, - Fernando}, - title = {Comparing Numerical Solutions of Models with - Heterogeneous Agents (Models B): a Grid-based Euler - Equation Algorithm}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{mnDepressionBabies, - author = {Malmendier, Ulrike and Stefan Nagel}, - title = {Depression Babies: Do Macroeconomic Experiences - Affect Risk Taking?}, - journal = {Quarterly Journal of Economics}, - year = 2011, - volume = 126, - number = {373--416}, - doi = {10.1093/qje/qjq004}, - file = {mnDepressionBabies.pdf:mnDepressionBabies.pdf:PDF}, - url = - {http://qje.oxfordjournals.org/content/126/1/373.full} -} - -@ARTICLE{mangasarian:sufficient, - author = {Mangasarian, A.}, - title = {Sufficient Conditions for the Optimal Control of - Nonlinear Systems}, - journal = {SIAM Journal on Control}, - year = 1966, - volume = 4, - pages = {139--152} -} - -@ARTICLE{mankiw:inexorable, - author = {Mankiw, N. Gregory}, - title = {The Inexorable and Mysterious Tradeoff Between - Inflation and Unemployment}, - journal = {Economic Journal}, - year = 2001, - volume = 111, - pages = {C45-C61}, - number = 471 -} - -@INPROCEEDINGS{mankiw:saversspenders, - author = {Mankiw, N. Gregory}, - title = {The Savers-Spenders Theory of Fiscal Policy}, - booktitle = {American Economic Review Papers and Proceedings}, - year = 2000 -} - -@ARTICLE{mankiw:growth, - author = {Mankiw, N. Gregory}, - title = {The Growth of Nations}, - journal = {Brookings Papers on Economic Activity}, - year = 1995, - volume = 1995, - pages = {275--326}, - number = 1 -} - -@ARTICLE{mankiw:durgoods, - author = {Mankiw, N. Gregory}, - title = {Hall's Consumption Hypothesis and Durable Goods}, - journal = {Journal of Monetary Economics}, - year = 1982, - volume = 10, - pages = {417--425}, - number = 3 -} - -@INPROCEEDINGS{mr03, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Sticky Information: A model of Monetary - Non-neutrality and Structural Slumps}, - booktitle = {Knowledge, Information, and Expectation in Modern - Macroeconomics}, - year = 2003, - editor = {Aghion, Phillipe}, - pages = {64--86}, - address = {Cambridge, MA}, - publisher = {MIT Press} -} - -@ARTICLE{mr06, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Pervasive Stickiness}, - journal = {American Economic Review}, - year = 2006, - volume = 96, - pages = {164--169}, - number = 2 -} - -@article{mrsBalance, - author = {Atif Mian and Kamalesh Rao and Amir Sufi}, - journal = {Manuscript, University of California at Berkeley}, - title = {Household Balance Sheets, Consumption, and the - Economic Slump}, - year = {2011}, -} - -@inproceedings{mb54, - address = {New Brunswick, NJ}, - author = {Franco Modigliani and Richard Brumberg}, - booktitle = {Post-Keynesian Economics}, - editor = {Kenneth K. Kurihara}, - publisher = {Rutgers University Press}, - title = {Utility Analysis and the Consumption Function: An - Interpretation of Cross-Section Data}, - year = {1954}, -} - -@article{scWhySavSoLow, - author = {Summers, Lawrence H. and Carroll, Christopher D.}, - journal = {Brookings Papers on Economic Activity}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}}, - number = {2}, - pages = {607--636}, - title = {Why is U.S.\ National Saving So Low?}, - volume = {1987}, - year = {1987}, - url = {https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}, -} - -@comment{mankiw&reis:slumpsartOld} -@ARTICLE{mrSlumpsNBER, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Sticky Information: A Model of Monetary - Nonneutrality and Structural Slumps}, - journal = {NBER Working Paper Number 8614}, - year = 2001 -} - -@ARTICLE{mrSlumps, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Sticky Information Versus Sticky Prices: A Proposal - to Replace the New Keynesian Phillips Curve}, - journal = {Quarterly Journal of Economics}, - year = 2002, - volume = 117, - pages = {1295--1328}, - number = 4, - month = {November} -} - -@ARTICLE{mrw:contribution, - author = {Mankiw, N. Gregory and Romer, David and Weil, David - N.}, - title = {A Contribution to the Empirics of Economic Growth}, - journal = {Quarterly Journal of Economics}, - year = 1992, - volume = 107, - pages = {407--437} -} - -@ARTICLE{mankiw&zeldes:stockholders, - author = {Mankiw, N. Gregory and Zeldes, Stephen P.}, - title = {The Consumption of Stockholders and Non - Stockholders}, - journal = {Journal of Financial Economics}, - year = 1989, - volume = 15, - pages = {145--61} -} - -@ARTICLE{MankiwZeldes:1991, - author = {Mankiw, N. Gregory and Zeldes., Stephen P.}, - title = {The Consumption of Stockholders and - Non-Stockholders}, - journal = {Journal of Financial Economics}, - year = 1991, - volume = 29, - pages = {97--112} -} - -@ARTICLE{mmSkip, - author = {Manski, C.F. and Molinari, F.}, - title = {Skip Sequencing: A Decision Problem in Questionnaire - Design}, - journal = {The Annals of Applied Statistics}, - year = 2008, - volume = 2, - pages = 264, - number = 1, - publisher = {NIH Public Access} -} - -@ARTICLE{marcet&sargent:convergence, - author = {Marcet, Albert and Sargent, Thomas J.}, - title = {Convergence of Least Squares Learning Mechanisms in - Self Referential Linear Stochastic Models}, - journal = {Journal of Economic Theory}, - year = 1991, - volume = 48, - pages = {337--68} -} - -@ARTICLE{MarigerLiqConstr87, - author = {Mariger, Randall P.}, - title = {A Life-Cycle Consumption Model with Liquidity - Constraints: Theory and Empirical Results}, - journal = {Econometrica}, - year = 1987, - volume = 55, - number = {533-557} -} - -@INCOLLECTION{marimon:learning, - author = {Marimon, Ramon}, - title = {Learning from Learning in Economics}, - booktitle = {Advances in Economics and Econometrics: Theory and - Applications, Volume I}, - publisher = {Cambridge University Press}, - year = 1997, - editor = {Kreps, David and Wallis, K.}, - address = {Cambridge} -} - -@BOOK{markowitz, - title = {Portfolio Selection: Efficient Diversification of - Investment}, - publisher = {John Wiley and Sons}, - year = 1959, - author = {Markowitz, Harold}, - address = {New York} -} - -@BOOK{marshall:principles, - title = {Principles of Economics}, - publisher = {The MacMillan Company}, - year = 1898, - author = {Marshall, Alfred}, - address = {New York}, - edition = {Eighth} -} - -@BOOK{mayer:pihbook, - title = {Permanent Income, Wealth, and Consumption}, - publisher = {University of California Press}, - year = 1972, - author = {Mayer, Thomas}, - address = {Berkeley} -} - -@TECHREPORT{mp02, - author = {Mc{C}arthy, Jonathan and Peach, Richard W.}, - title = {Monetary Policy Transmission to Residential - Investment}, - institution = {Federal Reserve Bank of New York}, - year = 2002, - type = {{FRBNY Economic Policy Review}}, - number = 1, - pages = {139--158}, - volume = 8 -} - -@ARTICLE{oecdMicro, - author = {McCall, Robert}, - title = {Development of International Guidelines and - Frameworks for Micro Statistics on Household Income, - Consumption and Wealth}, - journal = {Presentation at 32nd General Conference of the - International Association for Research in Income and - Wealth}, - year = 2012, - note = - {\url{http://www.iariw.org/papers/2012/McCollPaper.pdf}}, - url = {http://www.iariw.org/papers/2012/McCollPaper.pdf} -} - -@ARTICLE{mccallum:review, - author = {McCallum, Bennett T.}, - title = {Recent Developments in Monetary Policy Analysis: The - Roles of Theory and Evidence}, - journal = {Federal Reserve Bank of Richmond Economic Quarterly}, - year = 2002, - volume = 88, - pages = {67--95}, - number = 1 -} - -@ARTICLE{mccarthy:debt, - author = {McCarthy, Jonathan}, - title = {Does the Household Balance Sheet Affect Expenditures - Response to Monetary Policy?}, - journal = {Manuscript, Federal Reserve Bank of New York}, - year = 1997 -} - -@ARTICLE{mccarthy:mpc, - author = {McCarthy, Jonathan}, - title = {Imperfect Insurance and Differing Propensities to - Consume Across Households}, - journal = {Journal Of Monetary Economics}, - year = 1995, - volume = 36, - pages = {301--327}, - number = 2 -} - -@ARTICLE{mcculloughReplicability, - author = {McCullough, Bruce D.}, - title = {Got Replicability? The Journal of Money, Credit and - Banking Archive}, - journal = {Econ Journal Watch}, - year = 2007, - volume = 4, - pages = {326--337}, - number = 3 -} - -@INCOLLECTION{meghirPistaferri_earnigsClifeCycle, - author = {Costas Meghir and Luigi Pistaferri}, - title = {Earnings, Consumption and Life Cycle Choices}, - booktitle = {Handbook of Labor Economics}, - publisher = {Elsevier}, - year = 2011, - editor = {O. Ashenfelter and D. Card}, - volume = 4, - chapter = 9, - pages = {773--854} -} - -@ARTICLE{meghir&pistaferri, - author = {Meghir, Costas and Pistaferri, Luigi}, - title = {Income Variance Dynamics and Heterogeneity}, - journal = {Journal of Business and Economic Statistics}, - year = 2004, - volume = 72, - pages = {1--32}, - number = 1 -} - -@comment{meghir&weber:habitsOld} -@ARTICLE{mwHabits, - author = {Meghir, Costas and Weber, Guglilelmo}, - title = {Intertemporal Non-Separability or Borrowing - Restrictions? A Disaggregate Analysis Using a - U.S. Consumption Panel}, - journal = {Econometrica}, - year = 1996, - volume = 64, - pages = {1151--82}, - number = 5 -} - -@Article{mehraPrescottPuzzle, - Title = {The Equity Premium: A Puzzle}, - Author = {Mehra, Rajnish and Prescott, Edward C.}, - Journal = {Journal of Monetary Economics}, - Year = 1985, - Note = {Available at { - \url{http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html}}}, - Pages = {145-61}, - Volume = 15, - Owner = {Nic Johnson}, - Url = - {http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html} -} - -@Article{mehra&prescott:puzzle, - Title = {The Equity Premium: A Puzzle}, - Author = {Mehra, Rajnish and Prescott, Edward C.}, - Journal = {Journal of Monetary Economics}, - Year = 1985, - Note = {Available at { - \url{http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html}}}, - Pages = {145-61}, - Volume = 15, - Owner = {Nic Johnson}, - Url = - {http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html} -} - -@ARTICLE{mehra:wealtheffect, - author = {Mehra, Yash}, - title = {The Wealth Effect in Empirical Life Cycle Aggregate - Consumption Equations}, - journal = {Federal Reserve Bank of Richmond Economic Quarterly, - 87/2}, - year = 2001 -} - -@ARTICLE{mehra:surveyinfl, - author = {Mehra, Yash P.}, - title = {Survey Measures of Expected Inflation: Revisiting - the Issues of Predictive Content and Rationality}, - journal = {Manuscript, Federal Reserve Bank of Richmond}, - year = 2002 -} - -@ARTICLE{menchik&david:nodissav, - author = {Menchik, Paul L. and David, Martin}, - title = {Income Distribution, Lifetime Savings, and Bequests}, - journal = {American Economic Review}, - year = 1983, - volume = 83, - pages = {672--690}, - number = 4 -} - -@ARTICLE{MendelsonAmihud:consumption, - author = {Mendelson, Haim and Amihud, Yakov}, - title = {Optimal Consumption Policy Under Uncertain Income}, - journal = {Management Science}, - year = 1982, - volume = 28, - pages = {683--697}, - number = 6, - month = {June} -} - -@article{mqrImbal, - Author = {Enrique G. Mendoza and Vincenzo Quadrini and Jos\'{e}-V\'{i}ctor R\'{i}os-Rull}, - Title = "{Financial Integration, Financial Development, and Global Imbalances}", - journal={Journal of Political Economy}, - Year = {2009}, - volume={117}, - number={3}, -} - -@ARTICLE{mqrImbal-NBERWP, - author = {Mendoza, Enrique G. and Quadrini, Vincenzo and - Rios-Rull, Jose-Victor}, - title = {Financial Integration, Financial Deepness and Global - Imbalances}, - journal = {NBER Working Paper Number w12909}, - year = 2007 -} - -@ARTICLE{merton:restat, - author = {Merton, Robert C.}, - title = {Lifetime Portfolio Selection under Uncertainty: The - Continuous Time Case}, - journal = {Review of Economics and Statistics}, - year = 1969, - volume = 51, - pages = {247--257} -} - -@ARTICLE{msFallacy, - author = {Merton, Robert C. and Samuelson, Paul A.}, - title = {Fallacy of the Log-Normal Approximation to Optimal - Portfolio Decision-Making over Many Periods}, - journal = {Journal of Financial Economics}, - year = 1974, - volume = 1, - pages = {67--94}, - number = 1, - issn = {0304-405X}, - publisher = {Elsevier} -} - -@ARTICLE{msWinning, - author = {Meyer, Bruce D. and Sullivan, James X.}, - title = {Winning the War: Poverty from the Great Society to - the Great Recession}, - journal = {Brookings Papers on Economic Activity}, - year = 2012, - month = {Fall}, - url = - {http://www.brookings.edu/~/media/Projects/BPEA/Fall2012/2012fallmeyer.pdf} -} - -@ARTICLE{msDecades, - author = {Meyer, Bruce D. and Sullivan, James X.}, - title = {Five Decades of Consumption and Income Poverty}, - journal = {Working Papers, Harris School of Public Policy - Studies, University of Chicago}, - year = 2009 -} - -@ARTICLE{MianSufi:2011, - author = {Mian, Atif and Sufi, Amir}, - title = {Consumers and the Economy, Part II: Household Debt - and the Weak U.S. Recovery}, - journal = {FRBSF Economic Letter}, - year = 2011, - volume = 4, - month = {January} -} - -@TECHREPORT{msClunkers, - author = {Mian, Atif and Sufi, Amir}, - title = {The Effects of Fiscal Stimulus: Evidence from the - 2009 `Cash for Clunkers' Program'}, - institution = {National Bureau of Economic Research}, - year = 2010, - type = {Working Paper}, - number = 16351, - month = {September}, - abstract = {A key rationale for fiscal stimulus is to boost - consumption when aggregate demand is perceived to be - inefficiently low. We examine the ability of the - government to increase consumption by evaluating the - impact of the 2009 ``Cash for Clunkers'' program on - short and medium run auto purchases. Our empirical - strategy exploits variation across U.S. cities in - ex-ante exposure to the program as measured by the - number of ``clunkers'' in the city as of the summer - of 2008. We find that the program induced the - purchase of an additional 360,000 cars in July and - August of 2009. However, almost all of the - additional purchases under the program were pulled - forward from the very near future; the effect of the - program on auto purchases is almost completely - reversed by as early as March 2010 -- only seven - months after the program ended. The effect of the - program on auto purchases was significantly more - short-lived than previously suggested. We also find - no evidence of an effect on employment, house - prices, or household default rates in cities with - higher exposure to the program.}, - bdsk-url-1 = {http://www.nber.org/papers/w16351}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w16351} -} - -@ARTICLE{msMortgage, - author = {Mian, Atif and Sufi, Amir}, - title = {The Consequences of Mortgage Credit Expansion: - Evidence from the U.S. Mortgage Default Crisis}, - journal = {Quarterly Journal of Economics}, - year = 2009, - volume = 124, - number = 4, - month = {November} -} - -@ARTICLE{mianSufiQJE, - author = {Mian, Atif and Sufi, Amir}, - title = {The Consequences of Mortgage Credit Expansion: - Evidence from the 2007 Mortgage Default Crisis}, - journal = {Forthcoming, {\it Quarterly Journal of Economics}}, - year = 2008, - month = Apr, - note = {Available at - \url{http://ideas.repec.org/p/nbr/nberwo/13936.html}}, - institution = {National Bureau of Economic Research, Inc}, - type = {NBER Working Paper No. 13936} -} - -@ARTICLE{michaelides:reversion, - author = {Michaelides, Alexander}, - title = {Portfolio Choice, Liquidity Constraints and Stock - Market Mean Reversion}, - journal = {CEPR Discussion Paper No. 2823}, - year = 2005 -} - -@ARTICLE{michaelides:reconcile, - author = {Michaelides, Alexander}, - title = {A Reconciliation of Two Alternative Approaches - Towards Buffer Stock Saving}, - journal = {Economics Letters}, - year = 2003, - volume = 79, - pages = {137--143}, - number = 1, - month = {April} -} - -@ARTICLE{michaelidesBufHab, - author = {Michaelides, Alexander}, - title = {Buffer Stock Saving and Habit Formation}, - journal = {Manuscript, London School of Economics}, - year = 2002 -} - -@ARTICLE{GomesMichaelides:PortHabits, - author = {Michaelides, Alexander and Gomes, Francisco}, - title = {Portfolio Choice with Internal Habit Formation: A - Life-Cycle Model with Uninsurable Labor Income Risk}, - journal = {Review of Economic Dynamics}, - year = 2003, - volume = 6, - pages = {729--766}, - month = {October} -} - -@ARTICLE{michaelidesHaliassos:portfolio, - author = {Michaelides, Alexander and Haliassos, Michael}, - title = {Portfolio Choice and Liquidity Constraints}, - journal = {International Economic Review}, - year = 2003, - volume = 44, - pages = {144--177}, - number = 1, - month = {February} -} - -@ARTICLE{KalyvitisMichaelides:exchrates, - author = {Michaelides, Alexander and Kalyvitis, Sarantis}, - title = {New Evidence on the Effects of U.S.\ Monetary Policy - on Exchange Rates}, - journal = {Economics Letters}, - year = 2001, - volume = 71, - pages = {255--263}, - number = 2, - month = {May} -} - -@ARTICLE{michaelidesNg:speculative, - author = {Michaelides, Alexander and Ng, Serena}, - title = {Estimating the Rational Expectations Model of - Speculative Storage: A Monte Carlo Comparison of - Three Simulation Estimators}, - journal = {Journal of Econometrics}, - year = 2000, - volume = 96, - pages = {231--266}, - number = 2, - month = {June} -} - -@ARTICLE{ng:estbysim, - author = {Michaelides, Alexander and Ng, Serena}, - title = {Estimating the Rational Expectations Model of - Speculative Storage: A Monte Carlo Comparison of - Three Simulation Estimators}, - journal = {Manuscript, Department of Economics, Boston - University}, - year = 1997 -} - -@BOOK{micklethwaitWooldridgeCompany, - title = {The Company: A Short History of a Revolutionary - Idea}, - publisher = {Modern Library}, - year = 2002, - author = {Micklethwait, John and Wooldridge, Adrian} -} - -@MISC{milesi&roubini:hctax, - author = {{Milesi-Ferretti, Gian~Maria} and {Nouriel Roubini}}, - title = {Optimal Taxation of Human and Physical Capital in - Endogenous Growth Models}, - howpublished = {Mimeo}, - year = 1993 -} - -@ARTICLE{MillerPIH, - author = {Miller, Bruce L}, - title = {The Effect on Optimal Consumption of Increased - Uncertainty in Labor Income in the Multiperiod Case}, - journal = {Journal of Economic Theory}, - year = 1976, - volume = 13, - pages = {154--166} -} - -@ARTICLE{mishkin:durables, - author = {Mishkin, Frederic S.}, - title = {Consumer Sentiment and Spending on Durable Goods}, - journal = {Brookings Papers on Economic Activity, 1978:1}, - year = 1978, - pages = {217--231} -} - -@ARTICLE{mishkin:brookings, - author = {Mishkin, Frederic S.}, - title = {What Depressed the Consumer? The Household Balance - Sheet and the 1973-75 Recession}, - journal = {Brookings Papers on Economic Activity, 1977:1}, - year = 1977, - pages = {123--164} -} - -@ARTICLE{mishkin:aer, - author = {Mishkin, Frederic S.}, - title = {Illiquidity, Consumer Durable Expenditure, and - Monetary Policy}, - journal = {American Economic Review}, - year = 1976, - volume = 66, - pages = {642--654}, - number = 4 -} - -@TECHREPORT{misraSurico:heteroResponses, - author = {Kanisha Misra and Paolo Surico}, - title = {Heterogeneous Responses and Aggregate Impact of the - 2001 Income Tax Rebates}, - institution = {CEPR}, - year = 2011, - type = {discussion paper}, - number = 8306 -} - -@article{modiglianiWealth, - author = {Modigliani, Franco}, - title = {The Life Cycle Hypothesis, the Demand for Wealth, - and the Supply of Capital}, - journal = {Social Research}, - volume = 33, - pages = {160--217}, - year = 1966 -} - -@INCOLLECTION{modigliani:intercountry, - author = {Modigliani, Franco}, - title = {The Life Cycle Hypothesis of Saving and - Inter-Country Differences in the Saving Ratio}, - booktitle = {Induction, Growth, and Trade: Essays in Honor of Sir - Roy Harrod}, - publisher = {Clarendon Press}, - year = 1970, - editor = {Eltis, W.~A., et. al.}, - address = {London} -} - -@Article{modigliani:nobel, - Title = {Life Cycle, Individual Thrift, and the Wealth of - Nations}, - Author = {Modigliani, Franco}, - Journal = {American Economic Review}, - Year = 1986, - Month = {June}, - Note = {Available at { - \url{http://www.jstor.org/stable/1813352}}}, - Number = 76, - Pages = {297--313}, - Volume = 3, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1813352} -} - -@ARTICLE{ma63, - author = {Modigliani, Franco and Ando, Albert}, - title = {The Life Cycle Hypothesis of Saving: Aggregate - Implications and Tests}, - journal = {American Economic Review}, - year = 1963, - volume = 53, - pages = {55--84}, - number = 1 -} - -@INCOLLECTION{modigliani&brumberg:lifecycle, - author = {Modigliani, Franco and Brumberg, Richard}, - title = {Utility Analysis and the Consumption Function: An - Interpretation of Cross-Section Data}, - booktitle = {Post-Keynesian Economics}, - publisher = {Rutgers University Press}, - year = 1954, - editor = {Kurihara, Kenneth K.}, - pages = {388--436}, - address = {New Brunswick, N.J.} -} - -@ARTICLE{mmTheorem, - author = {Modigliani, Franco and Miller, Merton H.}, - title = {The Cost of Capital, Corporation Finance, and the - Theory of Investment}, - journal = {American Economic Review}, - year = 1958, - volume = 48, - pages = {261--297}, - number = 3, - month = {June} -} - -@INCOLLECTION{moffitt02, - author = {Moffitt, Robert}, - title = {Welfare Programs and Labor Supply}, - booktitle = {Handbook of Public Economics}, - publisher = {Elsevier}, - year = 2002, - editor = {Auerbach, A. J. and Feldstein, M.}, - volume = 4, - series = {Handbook of Public Economics}, - chapter = 34, - pages = {2393--2430} -} - -@ARTICLE{moffittID, - author = {Moffitt, Robert}, - title = {Identification And Estimation Of Dynamic Models With - A Time Series Of Repeated Cross-Sections}, - journal = {Journal of Econometrics}, - year = 1993, - volume = 59, - pages = {99--123}, - number = {1-2}, - publisher = {Elsevier} -} - -@ARTICLE{moffitt84, - author = {Moffitt, Robert}, - title = {The Estimation of a Joint Wage-Hours Labor Supply - Model}, - journal = {Journal of Labor Economics}, - year = 1984, - volume = 2, - pages = {550--66}, - number = 4 -} - -@ARTICLE{moffitt&gottschalk08, - author = {Moffitt, Robert A. and Gottschalk, Peter}, - title = {Trends in Transitory Variance of Male Earnings in - the U.S., 1970-2004}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{moffitt&gottschalk02, - author = {Moffitt, Robert A. and Gottschalk, Peter}, - title = {Trends in the Transitory Variance of Earnings in the - United States}, - journal = {Economic Journal}, - year = 2002, - volume = 112 -} - -@ARTICLE{moffitt&gottschalk95, - author = {Moffitt, Robert A. and Gottschalk, Peter}, - title = {Trends in the Covariance Structure of Earnings in - the U.S.: 1969-1987}, - journal = {Manuscript}, - year = 1995 -} - -@ARTICLE{mgCovariance, - author = {Moffitt, Robert and Gottschalk, Peter}, - title = {Trends in the Covariance Structure of Earnings in - the U.S.: 1969--1987}, - journal = {Journal of Economic Inequality}, - year = 2011, - volume = 9, - pages = {439--459}, - note = {doi: 10.1007/s10888-010-9154-z}, - affiliation = {Johns Hopkins University, Baltimore, MD, USA}, - file = - {/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/mgCovariance.pdf:/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/mgCovariance.pdf:PDF}, - issn = {1569-1721}, - issue = 3, - keyword = {Business and Economics}, - publisher = {Springer Netherlands}, - url = {http://dx.doi.org/10.1007/s10888-010-9154-z} -} - -@TECHREPORT{MooreJohnson:2005, - author = {Moore, Kevin and Johnson, Barry}, - title = {Consider the Source: Differences in Estimates of - Income and Wealth from Survey and Tax Data}, - institution = {Federal Reserve Board, Internal Revenue Service}, - year = 2005, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/johnsmoore.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/johnsmoore.pdf}}, - month = {January} -} - -@ARTICLE{mor03, - author = {Moreira, Marcelo J.}, - title = {A Conditional Likelihood Ratio Test for Structural - Models}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {1027--1048}, - number = 4 -} - -@ARTICLE{morris&shin:inertia, - author = {Morris, Stephen and Shin, Hyung Sohn}, - title = {The Inertia of Forward Looking Expectations}, - journal = {Manuscript, London School of Economics}, - year = 2005 -} - -@ARTICLE{mpSearch, - author = {Mortensen, Dale T and Pissarides, Christopher A}, - title = {Job Creation and Job Destruction in the Theory of - Unemployment}, - journal = {Review of Economic Studies}, - year = 1994, - volume = 61, - pages = {397--415}, - number = 3, - month = {July}, - bdsk-url-1 = - {http://ideas.repec.org/a/bla/restud/v61y1994i3p397-415.html}, - url = - {http://ideas.repec.org/a/bla/restud/v61y1994i3p397-415.html} -} - -@ARTICLE{mroz87, - author = {Mroz, Thomas A}, - title = {The Sensitivity of an Empirical Model of Married - Women's Hours of Work to Economic and Statistical - Assumptions}, - journal = {Econometrica}, - year = 1987, - volume = 55, - pages = {765--99}, - number = 4 -} - -@ARTICLE{muellbauerFed, - author = {Muellbauer, John N.}, - title = {Housing, Credit, and Consumer Expenditure}, - journal = {Housing, Housing Finance, and Monetary Policy}, - year = 2007, - bdsk-url-1 = - {http://www.kc.frb.org/publicat/sympos/2007/PDF/Muellbauer_0415.pdf}, - publisher = {Federal Reserve Bank of Kansas City}, - url = {http://www.kc.frb.org/publicat/sympos/2007/PDF/Muellbauer_0415.pdf} -} - -@ARTICLE{mulligan&xavier:transition, - author = {Mulligan, Casey and i Martin, Xavier Sala}, - title = {Transitional Dynamics in Two-Sector Models of - Endogenous Growth}, - journal = {Quarterly Journal of Economics}, - year = 1993, - pages = {739--93}, - month = {August} -} - -@MISC{mulliganRBC, - author = {Mulligan, Casey B.}, - title = {Are Employers Unwilling to Hire, or Are Some Workers - Unwilling to Work?}, - howpublished = - {\url{http://economix.blogs.nytimes.com/2008/12/24/are-employers-unwilling-to-hire-or-are-workers-unwilling-to-work/}}, - year = 2008, - journal = {New York Times Economix Blog}, - volume = {January 8} -} - -@ARTICLE{Mulligan&sm:transdynam, - author = {{Mulligan, Casey B.} and {Xavier Sala-i-Martin}}, - title = {Transitional Dynamics in Two-Sector Models of - Endogenous Growth}, - journal = {Quarterly Journal of Economics}, - year = 1993, - volume = {CVIII}, - pages = {739--773}, - number = 3, - month = {August} -} - -@TECHREPORT{mrMobilityIndia, - author = {Munshi, Kaivan and Rosenzweig, Mark}, - title = {Why is Mobility in India so Low? Social Insurance, - Inequality, and Growth}, - institution = {National Bureau of Economic Research}, - year = 2009, - type = {Working Paper}, - number = 14850, - month = {April}, - abstract = {This paper examines the hypothesis that the - persistence of low spatial and marital mobility in - rural India, despite increased growth rates and - rising inequality in recent years, is due to the - existence of sub-caste networks that provide mutual - insurance to their members. Unique panel data - providing information on income, assets, gifts, - loans, consumption, marriage, and migration are used - to link caste networks to household and aggregate - mobility. Our key finding, consistent with the - hypothesis that local risk-sharing networks restrict - mobility, is that among households with the same - (permanent) income, those in higher-income caste - networks are more likely to participate in - caste-based insurance arrangements and are less - likely to both out-marry and out-migrate. At the - aggregate level, the networks appear to have coped - successfully with the rising inequality within - sub-castes that accompanied the Green - Revolution. The results suggest that caste networks - will continue to smooth consumption in rural India - for the foreseeable future, as they have for - centuries, unless alternative consumption-smoothing - mechanisms of comparable quality become available.}, - bdsk-url-1 = {http://www.nber.org/papers/w14850}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w14850} -} - -@ARTICLE{muth:rational, - author = {Muth, John F.}, - title = {Rational Expectations and the Theory of Price - Movements}, - journal = {Econometrica}, - year = 1961, - volume = 29, - pages = {315--35}, - number = 3, - month = {July} -} - -@article{muthOptimal, - author = {Muth, John F.}, - journal = {Journal of the American Statistical Association}, - number = {290}, - pages = {299--306}, - title = {Optimal Properties of Exponentially Weighted - Forecasts}, - volume = {55}, - year = {1960}, -} - - -@ARTICLE{naik&moore:habits, - author = {Naik, Narayan and Moore, Michael}, - title = {Habit Formation and Intertemporal Substitution in - Individual Food Consumption}, - journal = {Review of Economics and Statistics}, - year = 1996, - volume = 78, - pages = {321--328}, - number = 2 -} - -@BOOK{cnstatMeasuring, - title = {Measuring What We Spend: Toward a New Consumer - Expenditure Survey}, - publisher = {The National Academies Press}, - year = 2012, - author = {{National Research Council}}, - note = {Don A. Dillman and Carol C. House, Editors; Panel on - Redesigning the BLS Consumer Expenditure Surveys; - Committee on National Statistics; Division of - Behavioral and Social Sciences and Education}, - isbn = 9780309265751, - url = {http://www.nap.edu/openbook.php?record_id=13520} -} - -@ARTICLE{neave:inherit, - author = {Neave, Edwin H.}, - title = {Multiperiod Consumption-Investment Decisions and - Risk Preference}, - journal = {Journal of Economic Theory}, - year = 1971, - volume = 3, - pages = {40--53}, - number = 1 -} - -@ARTICLE{nelson&startz:disease, - author = {{Nelson, Charles R.} and Startz, Richard}, - title = {The Distribution of the Instrumental Variables - Estimator and its t-Ratio When the Instrument iIs a - Poor One}, - journal = {Journal of Business}, - year = 1990, - volume = 63, - pages = {125--140} -} - -@ARTICLE{nwTelescoping, - author = {Neter, J. and Waksberg, J.}, - title = {A Study Of Response Errors In Expenditures Data From - Household Interviews}, - journal = {Journal of the American Statistical Association}, - year = 1964, - pages = {18--55}, - publisher = {JSTOR} -} - -@ARTICLE{newey&west:hac, - author = {Newey, Whitney K. and West, Kenneth D.}, - title = {A Simple Positive Semi-Definite, Heteroskedasticity - and Autorcorrelation Consistent Covariance Matrix}, - journal = {Econometrica}, - year = 1987, - volume = 55, - pages = {703--708} -} - -@ARTICLE{ng:acase, - author = {Ng, Y.~K.}, - title = {A Case for Happiness, Cardinalism, and Interpersonal - Comparability}, - journal = {Economic Journal}, - year = 1997, - volume = 107, - pages = {1848--1858} -} - -@TECHREPORT{nielsenExpectations, - author = {Nielsen, Hannah}, - title = {Essays on Expectations}, - institution = {Aachen}, - year = 2003 -} -@ARTICLE{nv:risk, - author = {Nielsen, Helena~Skyt and Vissing-Jorgensen, Annette}, - title = {The Impact of Labor Income Risk on Educational - Choices: Estimates and Implied Risk Aversion}, - journal = {Manuscript}, - year = 2006 -} - -@ARTICLE{normanRuleOfLaw, - author = {Norman, Catherine S.}, - title = {Rule of Law And The Resource Curse: Abundance Versus - Intensity}, - journal = {Environmental and Resource Economics}, - year = 2009, - volume = 43, - pages = {183--207}, - number = 2, - note = {\\ - \url{http://www.springerlink.com/index/573331512G41V538.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/normanRuleOfLaw.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/normanRuleOfLaw.pdf:PDF}, - publisher = {Springer}, - url = - {http://www.springerlink.com/index/573331512G41V538.pdf} -} - -@ARTICLE{ndfMontreal, - author = {Norman, Catherine S. and DeCanio, Stephen and Fan, - Lin}, - title = {The Montreal Protocol at 20: Ongoing Opportunities - For Integration With Climate Protection}, - journal = {Global Environmental Change}, - year = 2008, - volume = 18, - pages = {330--340}, - number = 2, - note = {\\ - \url{http://www.sciencedirect.com/science/article/pii/S0959378008000198}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ndfMontreal.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ndfMontreal.pdf:PDF}, - url = - {http://www.sciencedirect.com/science/article/pii/S0959378008000198} -} - -@ARTICLE{ow05, - author = {O'Reilly, Gerard and Whelan, Karl}, - title = {Has Euro-Area Inflatin Persistence Changed over - Time?}, - journal = {Review of Economics and Statistics}, - year = 2005, - volume = 87, - pages = {709--720}, - number = 4 -} - -@ARTICLE{obstfeld:habitsdiagram, - author = {Obstfeld, Maury}, - title = {International Adjustment with Habit-Forming - Consumption: A Diagrammatic Exposition}, - journal = {Review of International Economics}, - year = 1992, - volume = 1, - pages = {32--48}, - number = 1 -} - -@ARTICLE{orIntertemporal, - author = {Obstfeld, Maurice and Rogoff, Kenneth}, - title = {The Intertemporal Approach to the Current Account}, - journal = {in Handbook of International Economics, ed. by Gene - M. Grossman and Kenneth Rogoff (North Holland, - Amsterdam)}, - year = 1995, - volume = 3, - pages = {121--139} -} - -@BOOK{oecd04, - title = {Benefits and Wages: OECD Indicators}, - publisher = {Organization for Economic Co-operation and - Development}, - year = 2004, - author = {OECD} -} - - -@misc{carroll:reviewoecdOld, - journal = {Journal of Economic Literature}, - author = {OECD}, - year = {1997}, - note = {Book Review}, - title = {Global Capital Shortages: Real Threat or Pure Fiction?} -} - -% Version for CV -@article{carroll:reviewoecd, - doi = {10.2307/2729707}, - ISSN = {00220515}, - URL = {http://www.jstor.org/stable/2729707}, - author = {Christopher D. Carroll}, - journal = {Journal of Economic Literature}, - number = {1}, - pages = {137--138}, - publisher = {American Economic Association}, - reviewed-author = {Organisation for Economic Co-Operation and Development}, - volume = {35}, - year = {1997}, - note = {Book Review}, - title = {Global Capital Shortages: Real Threat or Pure Fiction?} -} - -@article{10.2307/2729707, - ISSN = {00220515}, - URL = {http://www.jstor.org/stable/2729707}, - author = {Christopher D. Carroll}, - journal = {Journal of Economic Literature}, - number = {1}, - pages = {137--138}, - publisher = {American Economic Association}, - reviewed-author = {Organisation for Economic Co-Operation and Development}, - volume = {35}, - year = {1997} -} - - -@BOOK{okunPandQ, - title = {Prices and Quantities: A Macroeconomic Analysis}, - publisher = {Brookings Institution Press}, - year = 1981, - author = {Okun, Arthur M.} -} - -@ARTICLE{ors:investment, - author = {Oliner, Stephen, Glenn D. Rudebusch and Sichel, - Daniel}, - title = {New and Old Models of Business Investment: A - Comparison of Forecasting Performance}, - journal = {Journal of Money, Credit, and Banking}, - year = 1995, - pages = {806--826}, - month = {August} -} - -@ARTICLE{ov97, - author = {Orazem, Peter F. and Vodopivec, Milan}, - title = {Value of Human Capital in transition to market: - Evidence from {S}lovenia}, - journal = {European Economic Review}, - year = 1997, - volume = 41, - pages = {893--903}, - number = {3--5} -} - -@ARTICLE{orphanides:realtimeaer, - author = {Orphanides, Athanasios}, - title = {Monetary Policy Rules Based on Real-Time Data}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - pages = {964--985}, - number = 4, - month = {September}, - note = {available at - http://ideas.repec.org/a/aea/aecrev/v91y2001i4p964-985.html} -} - -@ARTICLE{orphanides:rationaladdictjpe, - author = {Orphanides, Athanasios and Zervos, David}, - title = {Rational Addiction with Learning and Regret}, - journal = {Journal of Political Economy}, - year = 1995, - volume = 103, - pages = {739--58}, - number = 4, - month = {August}, - note = {available at - http://ideas.repec.org/a/ucp/jpolec/v103y1995i4p739-58.html} -} - -@ARTICLE{OSY:2002, - author = {Ostergaard, Charlotte and Sorensen, Bent E. and - Yosha, Oved}, - title = {Consumption and Aggregate Constraints: Evidence from - U.S. States And Canadian Provinces}, - journal = {Journal of Polictical Economics}, - year = 2002, - volume = 110, - pages = {634--645}, - number = 3 -} - -@ARTICLE{ol92, - author = {{Osterwald--Lenum}, Michael}, - title = {A Note with Quantiles of the Asymptotic Distribution - of the Maximum Likelihood Cointegration Rank Test - Statistics}, - journal = {Oxford Bulletin of Economics and Statistics}, - year = 1992, - volume = 54, - pages = {461--472}, - number = 3 -} - -@TECHREPORT{Otsuka:2003, - author = {Ostuka, Misuzu}, - title = {Household Portfolio Choice with Illiquid Assets}, - institution = {Johns Hopkins University}, - year = 2003 -} - -@ARTICLE{oswald:happiness, - author = {Oswald, Andrew J.}, - title = {Happiness and Economic Performance}, - journal = {Economic Journal}, - year = 1997, - volume = 107, - pages = {1815--1831} -} - -@MISC{Otoo:1999, - author = {Otoo, Maria W.}, - title = {Consumer Sentiment and the Stock Market}, - howpublished = {Federal Reserve Board Finance and Discussion Series - working paper no. 1999-60}, - year = 1999, - abstract = {This paper examines the relationship between - movements in consumer sentiment and stock prices. At - the aggregate level, the two share a strong - contemporaneous relationship: an increase in equity - values boosts sentiment. However, I examined the - nature of the relationship between the two. Does an - increase in stock prices raise aggregate sentiment - because people are wealthier or because they use - movements in stock prices as an indicator of future - economic activity and potential labor income growth? - Using individual observations from the Michigan - survey I found results more consistent with the view - that people use movements in equity prices as a - leading indicator. Although the findings do not rule - out a traditional wealth effect, they do raise some - questions about the causal role of wealth in - aggregate spending.} -} - -@ARTICLE{otoo:consumersentiment, - author = {Otoo, Maria Ward}, - title = {Consumer Sentiment and the Stock Market}, - journal = {Board of Governors of the Federal Reserve}, - year = 1999 -} - -@ARTICLE{overland:habits, - author = {Overland, Jody}, - title = {Optimal Saving with Stochastic Income and Habit - Formation}, - journal = {Manuscript, Brown University}, - year = 1997 -} - -@ARTICLE{padulaApprox, - author = {Padula, Mario}, - title = {An Approximate Consumption Function}, - journal = {Presentation at Computing in Economics and Finance - Meetings, Cyprus, 2006} -} - -@ARTICLE{pag84, - author = {Pagan, Adrian}, - title = {Econometric Issues in the Analysis of Regressions - with Generated Regressors}, - journal = {International Economic Review}, - year = 1984, - volume = 25, - pages = {221--247}, - number = 1 -} - -@ARTICLE{palumbo:medical, - author = {Palumbo, Michael G}, - title = {Uncertain Medical Expenses and Precautionary Saving - Near the End of the Life Cycle}, - journal = {Review of Economic Studies}, - year = 1999, - volume = 66, - pages = {395--421}, - number = 2, - note = {Available at - {\url{http://ideas.repec.org/a/bla/restud/v66y1999i2p395-421.html}}} -} - -@ARTICLE{palumbo:medicalWP, - author = {Palumbo, Michael G.}, - title = {Precautionary Saving and Out-Of-Pocket Medical - Expenditures Near the End of the Life Cycle}, - journal = {Manuscript, University of Houston}, - year = 1997 -} - -@ARTICLE{parente&prescott:technology, - author = {{Parente, Steven L.} and {Edward C. Prescott}}, - title = {Barriers to Technology Adoption and Development}, - journal = {Journal of Political Economy}, - year = 1994, - volume = 102, - pages = {298--321}, - number = 2 -} - -@ARTICLE{parkLiqConstrContinuous, - author = {Park, Myung-Ho}, - title = {An Analytical Solution to the Inverse Consumption - Function with Liquidity Constraints}, - journal = {Economics Letters}, - year = 2006, - volume = 92, - pages = {389--394} -} - -@comment{parkerSocSec:socialsecurityOld} -@ARTICLE{parkerSocSec, - author = {Parker, Jonathan A.}, - title = {The Reaction of Household Consumption to Predictable - Changes in Social Security Taxes}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {959--973}, - number = 4, - month = {September} -} - -@ARTICLE{ParkerRiskReturn, - author = {Parker, Jonathan A.}, - title = {Consumption Risk and Expected Stock Returns}, - journal = {American Economic Review Papers and Proceedings}, - year = 2003, - volume = 93, - number = 2, - month = {May}, - note = {Available at { - \url{http://ideas.repec.org/p/nbr/nberwo/9548.html}}} -} - -@INCOLLECTION{Parker:Spendthrift, - author = {Parker, Jonathan A.}, - title = {Spendthrift in America? On Two Decades of Decline in - the U.S.\ Saving Rate}, - booktitle = {NBER Macroeconomics Annual 1999, Volume 14}, - publisher = {National Bureau of Economic Research, Inc}, - year = 2000, - series = {NBER Chapters}, - pages = {317--387}, - month = {July}, - bdsk-url-1 = {http://ideas.repec.org/h/nbr/nberch/11050.html}, - url = {http://ideas.repec.org/h/nbr/nberch/11050.html} -} - -@INCOLLECTION{parker_nberma_spendthrift, - author = {Parker, Jonathan A.}, - title = {Spendthrift in America? On Two Decades of Decline in - the U.S.\ Saving Rate}, - booktitle = {NBER Macroeconomics Annual 1999, Volume 14}, - publisher = {National Bureau of Economic Research, Inc}, - year = 2000, - series = {NBER Chapters}, - pages = {317--387}, - month = {July}, - bdsk-url-1 = {http://ideas.repec.org/h/nbr/nberch/11050.html}, - url = {http://ideas.repec.org/h/nbr/nberch/11050.html} -} - -@ARTICLE{parkerSocSecReEst, - author = {Parker, Jonathan A.}, - title = {The Consumption Function Re-Estimated}, - journal = {Mimeo, Princeton University}, - year = 1999 -} - -@ARTICLE{pjLuxuries, - author = {Parker, Jonathan A and Julliard, Christian}, - title = {Consumption Risk And The Cross Section Of Expected - Returns}, - journal = {Journal of Political Economy}, - year = 2005, - volume = 113, - pages = {185--222}, - number = 1, - publisher = {JSTOR} -} - -@ARTICLE{ParkerPrestonPrecaution, - author = {Parker, Jonathan A. and Preston, Bruce}, - title = {Precautionary Saving and Consumption Fluctuations}, - journal = {American Economic Review}, - year = 2005, - volume = 95, - pages = {1119--1143}, - number = 4, - month = {September} -} - -% Crossref = "NBERcarr11-1", -@article{ParkerSoulelesCarroll-0-NBER, - title = "The Benefits of Panel Data in Consumer Expenditure - Surveys", - author = "Jonathan A. Parker and Nicholas S. Souleles and - Christopher D. Carroll", - year = 2014, - month = "July", - journal = {NBER Book Chapter Drafts Series}, - URL = "http://www.nber.org/chapters/c12674", - note = {At \url{http://www.nber.org/chapters/c12674}} -} - -% type = "Book", -@book{NBERcarr11-1, - title = "Improving the Measurement of Consumer Expenditures", - editor = "Christopher Carroll and Thomas Crossley and John - Sabelhaus", - institution = "National Bureau of Economic Research", - publisher = "University of Chicago Press", - year = {2015}, - volume = 74, - series = {NBER-CRIW Series in Income and Wealth}, - URL = "http://www.nber.org/books/carr11-1", -} - -@ARTICLE{jps:rebatesWP, - author = {Parker, Jonathan A. and Souleles, Nicholas S. and - Johnson, David S.}, - title = {Consumption and Tax Cuts: Evidence from the - Randomized Income Tax Rebates of 2001}, - journal = {Manuscript, The Wharton School}, - year = 2003 -} - -@TECHREPORT{PSJM2008, - author = {Parker, Jonathan A. and Souleles, Nicholas S and - Johnson, David S. and McClelland, Robert}, - title = {Consumer Spending and the Economic Stimulus Payments - of 2008}, - institution = {National Bureau of Economic Research, Inc}, - year = 2011, - type = {NBER Working Papers}, - number = 16684 -} - -@TECHREPORT{pvWhoBears, - author = {Parker, Jonathan A. and Vissing-Jorgensen, Annette}, - title = {Who Bears Aggregate Fluctuations and How?}, - institution = {National Bureau of Economic Research, Inc}, - year = 2009, - type = {NBER Working Papers}, - number = 14665, - month = Jan, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/14665.html}, - url = {http://ideas.repec.org/p/nbr/nberwo/14665.html} -} - -@ARTICLE{pbStim, - author = {Parker, Jonathan and Broda, Christian}, - title = {The Economic Stimulus Payments of 2008 and the - Aggregate Demand for Consumption}, - journal = {Manuscript, Northwestern University}, - year = {2011} -} - -@BOOK{paulos:innumeracy, - title = {Innumeracy: Mathematical Illiteracy and Its - Consequences}, - publisher = {Vintage Books}, - year = 1990, - author = {Paulos, John Allen}, - address = {New York} -} - -@ARTICLE{paxson:sandg, - author = {Paxson, Christina H.}, - title = {Saving and Growth: Evidence from Micro Data}, - journal = {European Economic Review}, - year = 1995, - volume = 40, - pages = {255--88}, - month = {February} -} - -@ARTICLE{Pedroni2004, - author = {Pedroni, Peter}, - title = {Panel Cointegration: Asymptotic and Finite Sample - Properties of Pooled Time Series Tests with an - Application to the PPP Hypothesis}, - journal = {Econometric Theory}, - year = 2004, - volume = 20, - pages = {597--625} -} - -@ARTICLE{peek:saving, - author = {Peek, Joe}, - title = {Capital Gains and Personal Saving Behavior}, - journal = {Journal of Money, Credit, and Banking}, - year = 1983, - volume = 15, - pages = {1--23} -} - -@Article{pemberton:failure, - Title = {The Empircial Failure of the Life Cycle Model with - Perfect Capital Markets}, - Author = {Pemberton, James}, - Journal = {Oxford Economic Papers}, - Year = 1997, - Note = {Available at - {\url{http://www.jstor.org/stable/2663734}}}, - Number = 1, - Pages = {129--151}, - Volume = 49, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/2663734} -} - -@ARTICLE{pendakur:inequality, - author = {Pendakur, Krishna}, - title = {Taking Prices Seriously in the Measurement of - Inequality}, - journal = {Journal of Public Economics}, - volume = 86, - pages = {47--69}, - number = 1 -} - -@ARTICLE{phelps69, - author = {Phelps, Edmund S.}, - title = {The New Microeconomics in Inflation and Employment - Theory}, - journal = {American Economic Review}, - year = 1969, - volume = 59, - pages = {147--160}, - number = 2 -} - -@ARTICLE{phelps:golden, - author = {Phelps, Edmund S.}, - title = {The Golden Rule of Accumulation}, - journal = {American Economic Review}, - year = 1961, - pages = {638--642}, - month = {September}, - note = {Available at { - \url{http://teaching.ust.hk/~econ343/PAPERS/Edmund - Phelps-The Golden Rule of Accumulation- A fable for - Growth Men.pdf}}} -} - -@ARTICLE{phelpsRisk, - author = {Phelps, Edward S.}, - title = {The Accumulation of Risky Capital: A Sequential - Utility Analysis}, - journal = {Econometrica}, - year = 1960, - volume = 30, - pages = {729--743}, - number = 4 -} - -@ARTICLE{po90, - author = {Phillips, Peter C. B. and Ouliaris, Sam}, - title = {Asymptotic Properties of Residual Based Tests for - Cointegration}, - journal = {Econometrica}, - year = 1990, - volume = 58, - pages = {165--193}, - number = 1 -} - -@ARTICLE{pst07, - author = {Monika Piazessi and Martin Schneider and Selale - Tuzel}, - title = {Housing, Consumption and Asset Pricing}, - journal = {Journal of Financial Economics}, - year = 2007, - volume = 83, - pages = {531--569} -} - -@ARTICLE{pichette&tremblay:wealtheffects, - author = {Pichette, Lise and Tremblay, Dominique}, - title = {Are Wealth Effects Important for Canada?}, - journal = {Bank of Canada Working Paper 30}, - year = 2003 -} - -@TECHREPORT{pt03, - author = {Pichette, Lise and Tremblay, Dominique}, - title = {Are Wealth Effects Important for Canada?}, - institution = {Bank of Canada}, - year = 2003, - type = {working paper}, - number = 30 -} - -@ARTICLE{piergiorgio:stockmarket, - author = {Piergiorgio, Alessandri}, - title = {Aggregate Consumption and the Stock Market: A New - Assessment of the Equity Wealth Effect}, - journal = {Manuscript, University of London}, - year = 2003 -} - -@TECHREPORT{pl03, - author = {Piger, Jeremy and Levin, Andrew}, - title = {Is Inflation Persistence Intrinsic in Industrial - Economies?}, - institution = {Federal Reserve Bank of St. Louis}, - year = 2003, - type = {Federal Reserve Bank of St. Louis working paper.}, - number = 23 -} - -@ARTICLE{pigou:utility, - author = {Pigou, A. C.}, - title = {Some Remarks on Utility}, - journal = {Economic Journal}, - year = 1903, - pages = {58--68} -} - -@BOOK{pinker:mind, - title = {How the Mind Works}, - publisher = {W.W. Norton And Company}, - year = 1997, - author = {Pinker, Stephen} -} - -@ARTICLE{pischkeMicroMacro, - author = {Pischke, J{\"o}rn-Steffen}, - title = {Individual Income, Incomplete Information, and - Aggregate Consumption}, - journal = {Econometrica}, - year = 1995, - volume = 63, - pages = {805--40}, - number = 4, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/pischkeMicroMacro.pdf}, -} - -@INPROCEEDINGS{ppsDistribution, - author = {Pistaferri, Luigi and Saporta-Eksten, Itay}, - title = {Changes in the Income Distribution and Aggregate - Consumption}, - booktitle = {Federal Reserve Board meeting}, - year = 2012 -} - -@ARTICLE{pr07, - author = {Pivetta, Frederick and Reis, Ricardo}, - title = {The persistence of inflation in the United States}, - journal = {Journal of Economic Dynamics and Control}, - year = 2007, - volume = 34, - pages = {1326--1358}, - number = 1 -} - -@ARTICLE{ploner:wealtheffects, - author = {Ploner, Matteo}, - title = {The Financial Markets and Wealth Effects on - Consumption}, - journal = {Universita Degli Di Trento Discussion Paper 6}, - year = 2003 -} - -@ARTICLE{polbornCalibration, - author = {Polborn, Mattias K.}, - title = {Calibrating The World And The World Of Calibration}, - journal = {Manuscript, University of Western Ontario}, - year = 2001, - note = - {\url{http://publish.uwo.ca/~mpolborn/calibration.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/polbornCalibration.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/polbornCalibration.pdf:PDF}, - url = {http://publish.uwo.ca/~mpolborn/calibration.pdf} -} - -@ARTICLE{pollack:tastes, - author = {Pollack, Robert A.}, - title = {Endogenous Tastes in Demand and Welfare Analysis}, - journal = {American Economic Review}, - year = 1978, - volume = 68, - pages = {374--79} -} - -@BOOK{Porter:1990, - title = {The Competitive Advantage of Nations}, - publisher = {New York: Free Press}, - year = 1990, - author = {Porter, Michael E.} -} - -@INCOLLECTION{posen:cred2, - author = {Posen, Adam S.}, - title = {Declarations Are Not Enough: Financial Sector - Sources of Central Bank Independence}, - booktitle = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 1995, - editor = {Bernanke, Ben S. and Rotemberg, Julio J.}, - pages = {258--74}, - address = {Cambridge, MA} -} - -@ARTICLE{posen:cred, - author = {Posen, Adam S.}, - title = {Central Bank Independence and Disinflationary - Credibility: A Missing Link?}, - journal = {Oxford Economic Papers}, - year = 1998, - volume = 50, - pages = {335--59}, - number = 3 -} - -@ARTICLE{posen:credold, - author = {Posen, Adam S.}, - title = {Central Bank Independence and Disinflationary - Credibility: A Missing Link?}, - journal = {Federal Reserve Bank of New York Staff Reports}, - year = 1995, - number = 1 -} - -@INCOLLECTION{poterba:taxportfolios, - author = {Poterba, James M.}, - title = {Taxation and Portfolio Structure: Issues and - Implications}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, - Tullio} -} - -@ARTICLE{Poterba:2000, - author = {Poterba, James M.}, - title = {Stock Market Wealth and Consumption}, - journal = {Journal of Economic Perspectives}, - year = 2000, - volume = 14, - pages = {99--118}, - number = 2, - abstract = {This paper explores the link between changes in the - aggregate value of corporate stock and changes in - consumer spending. It presents data on the - distribution of corporate stock ownership based on - the 1998 Survey of Consumer Finances. It also uses - time-series evidence on the comovement of stock - market wealth and various categories of consumer - spending to calibrate {"}the wealth effect.{"} It - concludes that in the year after a change in stock - market values, consumer spending is likely to rise - by between one and two cents for each dollar - increase in the value of corporate stock.} -} - -@article{10.2307/2728815, - ISSN = {00220515}, - URL = {http://www.jstor.org/stable/2728815}, - author = {Christopher D. Carroll}, - journal = {Journal of Economic Literature}, - number = {4}, - pages = {1881--1882}, - publisher = {American Economic Association}, - reviewed-author = {James H. Gapinski}, - volume = {32}, - year = {1994}, - title = {The Economics of Saving}, - note = {Book Review} - } - - -% Version for CV; "author" should be author of item reviewed -@article{carroll:reviewpoterba, - ISSN = {00220515}, - URL = {http://www.jstor.org/stable/2729228}, - author = {James M. Poterba}, - journal = {Journal of Economic Literature}, - number = {2}, - pages = {765--766}, - publisher = {American Economic Association}, - volume = {34}, - year = {1996}, - title = {International Comparisons of Household Saving}, - note = {Book Review}, - doi = {10.2307/2729228}, - url = {www.jstor.org/stable/2729228} -} - - -@article{10.2307/2729228, - ISSN = {00220515}, - URL = {http://www.jstor.org/stable/2729228}, - author = {Christopher D. Carroll}, - journal = {Journal of Economic Literature}, - number = {2}, - pages = {765--766}, - publisher = {American Economic Association}, - reviewed-author = {James M. Poterba}, - volume = {34}, - year = {1996} -} - -@ARTICLE{poterba:excise, - author = {Poterba, James M.}, - title = {Lifetime incidence and the distributional burden of - excise taxes}, - journal = {American Economic Review}, - year = 1989, - volume = 79, - pages = {325--330} -} - -@ARTICLE{poterba&samwick:stockmarket, - author = {Poterba, James M. and Samwick, Andrew A.}, - title = {Stock Ownership Patterns, Stock Market Fluctuations, - and Consumption}, - journal = {Brookings Paper on Economic Activity}, - year = 1995, - volume = 2, - pages = {295--372} -} - -@INCOLLECTION{powell, - author = {Powell, James L.}, - title = {Estimation of Semiparametric Models}, - booktitle = {Handbook of Econometrics}, - publisher = {Elsevier}, - year = 1994, - volume = 4, - pages = {2443--2521} -} - -@ARTICLE{prs:brookings, - author = {Prasad, Eswar and Rajan, Raghuram and Subramanian, - Arvind}, - title = {Foreign Capital and Economic Growth}, - journal = {Brookings Papers on Economic Activity}, - year = 2007, - pages = {153--230} -} - -@ARTICLE{pratt:smallandlarge, - author = {Pratt, John W.}, - title = {Risk Aversion in the Small and in the Large}, - journal = {Econometrica}, - year = 1964, - volume = 32, - pages = {122--136} -} - -@ARTICLE{quadrini:entrepreneurship, - author = {Quadrini, Vincenzo}, - title = {Entrepreneurship, Saving, and Social Mobility}, - journal = {Review of Economic Dynamics}, - year = 2000, - volume = 3, - pages = {1--40}, - number = 1 -} - -@ARTICLE{quadrini:wealth, - author = {Quadrini, Vincenzo}, - title = {The Importance of Entrepreneurship for Wealth - Concentration and Mobility}, - journal = {The Review of Income and Wealth}, - year = 1999, - volume = 45, - pages = {1--20} -} - -@ARTICLE{quadrini&riosrull:wealth, - author = {Quadrini, Vincenzo and R{\'}{i}os-Rull, - Jos{\'}{e}-V{\'}{i}ctor}, - title = {Models of the Distribution of Wealth}, - journal = {Manuscript, University of Pennsylvania}, - year = 1997 -} - -@ARTICLE{quah:identification, - author = {Quah, Danny}, - title = {The Relative Importance of Permanent and Transitory - Components: Identification and Some Theoretical - Bounds}, - journal = {Econometrica}, - year = 1992, - volume = 60, - pages = {107--18}, - number = 1 -} - -@ARTICLE{quah:smooth, - author = {Quah, Danny}, - title = {Permanent and Transitory Movements in Labor Income: - An Explanation for {``}Excess Smoothness{''} in - Consumption}, - journal = {Journal of Political Economy}, - year = 1990, - volume = 98, - pages = {449--75}, - number = 3 -} - -@ARTICLE{rabin:psych, - author = {Rabin, Matthew}, - title = {Psychology and Economics}, - journal = {Journal of Economic Literature}, - year = 1998, - volume = {XXXVI}, - pages = {11--46}, - month = {March} -} - -@ARTICLE{rbm:lossaversion, - author = {Rabin, Matthew and Bowman, David and Minehart, - Deborah}, - title = {Loss Aversion in a Consumption-Savings Model}, - journal = {Journal of Economic Behavior and Organization}, - year = 1999, - volume = 38, - pages = {155--178}, - number = 2, - month = {February} -} - -@ARTICLE{odonoghue&rabin:noworlater, - author = {Rabin, Matthew and O'Donoghue, Ted}, - title = {Doing It Now or Later}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {103--24}, - number = 1 -} - -@ARTICLE{rameyFrancisLeisure, - author = {Ramey, Valerie A. and Francis, Neville}, - title = {A Century of Work and Leisure}, - journal = {NBER Working Paper Number 12264}, - year = 2006 -} - -@UNPUBLISHED{Ravina:2005, - author = {Ravina, Enrichetta}, - title = {Habit Persistence and Keeping Up with the Joneses: - Evidence from Micro Data}, - note = {Working Paper}, - month = {November}, - year = 2005 -} - -@ARTICLE{rebelo:long, - author = {Rebelo, Sergio T.}, - title = {Long-Run Policy Analysis and Long-Run Growth}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {500--521}, - number = 3, - month = {June} -} - - -@ARTICLE{reisPortugal, - author = {Reis, Ricardo}, - title = {The Portuguese Slump-Crash and the Euro-Crisis}, - journal = {Brookings Papers on Economic Activity}, - year = 2013 -} - -@TECHREPORT{rei04, - author = {Reis, Ricardo}, - title = {Inattentive Consumers}, - institution = {Princeton University}, - year = 2004, - type = {mimeo} -} - -@ARTICLE{reiter:backward, - author = {Reiter, Michael}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty by Backward Induction}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {28--35}, - number = 1, - month = {January} -} - -@ARTICLE{reiter08, - author = {Reiter, Michael}, - title = {Solving Heterogeneous-Agent Models by Backward - Induction}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{reiter06, - author = {Reiter, Michael}, - title = {Solving Heterogeneous-Agent Models by Projection and - Perturbation}, - journal = {Manuscript}, - year = 2006 -} - -@ARTICLE{reiter:recursive, - author = {Reiter, Michael}, - title = {Recursive Computation of Heterogeneous Agent Models}, - journal = {Paper Prepared for SITE Conference, Summer 2004, - Stanford University}, - year = 2004 -} - -@ARTICLE{reiterRich, - author = {Reiter, Michael}, - title = {Do the rich save too much? How to explain the top - tail of the wealth distribution}, - journal = {manuscript, Universitat Pompeu Fabra}, - year = 2004, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/reiterRich.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/reiterRich.pdf:PDF} -} - -@ARTICLE{csxanth3, - author = {Reyes-Morales, Sally E.}, - title = {Characteristics of Nonresponders in the Consumer - Expenditure Quarterly Interview Survey}, - journal = {Consumer Expenditure Survey Anthology}, - year = 2005, - pages = {18--23}, - note = - {\url{http://www.bls.gov/cex/anthology05/csxanth3.pdf}}, - file = {csxanth3.pdf:csxanth3.pdf:PDF}, - url = {http://www.bls.gov/cex/anthology05/csxanth3.pdf} -} - -@ARTICLE{csxanth4, - author = {Reyes-Morales, Sally E.}, - title = {Characteristics of Complete and Intermittent - Responders in the Consumer Expenditure Quarterly - Interview Survey}, - journal = {Consumer Expenditure Survey Anthology}, - year = 2003, - pages = {25--29}, - note = {\url{http://www.bls.gov/cex/anthology/csxanth4.pdf}}, - file = {csxanth4.pdf:csxanth4.pdf:PDF}, - url = {http://www.bls.gov/cex/anthology/csxanth4.pdf} -} - -@ARTICLE{reitzDisasters, - author = {Rietz, Thomas A.}, - title = {The Equity Risk Premium: A Solution}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 22, - pages = {117--131}, - number = 1 -} - -@ARTICLE{rrUnbounded, - author = {Rinc{\'o}n-Zapatero, Juan Pablo and - Rodr{\i}guez-Palmero, Carlos}, - title = {Existence and Uniqueness of Solutions to the Bellman - Equation in the Unbounded Case}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {pp.1519--1555}, - number = 5, - abstract = {We study the problem of the existence and uniqueness - of solutions to the Bellman equation in the presence - of unbounded returns. We introduce a new approach - based both on consideration of a metric on the space - of all continuous functions over the state space, - and on the application of some metric fixed point - theorems. With appropriate conditions we prove - uniqueness of solutions with respect to the whole - space of continuous functions. Furthermore, the - paper provides new sufficient conditions for the - existence of solutions that can be applied to fairly - general models. It is also proven that the fixed - point coincides with the value function and that it - can be approached by successive iterations of the - Bellman operator.}, - copyright = {Copyright © 2003 The Econometric Society}, - file = - {ByCiteKey/rrUnbounded.pdf:ByCiteKey/rrUnbounded.pdf:PDF}, - issn = 00129682, - jstor_articletype ={research-article}, - jstor_formatteddate ={Sep., 2003}, - language = {English}, - publisher = {The Econometric Society}, - url = {http://www.jstor.org/stable/1555510} -} - -@ARTICLE{robertsStickyInfl, - author = {Roberts, John M.}, - title = {Is Inflation Sticky?}, - journal = {Journal of Monetary Economics}, - year = 1997, - pages = {173--196}, - number = 2 -} - -@ARTICLE{robertsQJE:inflexp, - author = {Roberts, John M.}, - title = {Inflation Expectations and the Transmission of - Monetary Policy}, - journal = {Federal Reserve Board FEDS working paper Number - 1998-43}, - year = 1998 -} - -@ARTICLE{roberts:phillips, - author = {Roberts, John M.}, - title = {New Keynesian Economics and the Phillips Curve}, - journal = {Journal of Money, Credit, and Banking}, - year = 1995, - volume = 27, - pages = {975--984}, - number = 4 -} - -@BOOK{robinson:philosophy, - title = {Economic Philosophy}, - publisher = {Aldine}, - year = 1962, - author = {Robinson, Joan}, - address = {Chicago} -} - -@ARTICLE{rodrikSavTransitions, - author = {Rodrik, Dani}, - title = {Saving Transitions}, - journal = {The World Bank Economic Review}, - year = 2000, - volume = 14, - pages = {481--507}, - number = 3, - publisher = {World Bank} -} - -@ARTICLE{rodrik:transitions, - author = {Rodrik, Dani}, - title = {Saving Transitions}, - journal = {Manuscript, Harvard University}, - year = 1999 -} - -@ARTICLE{romerFiscal, - author = {Romer, Christina D.}, - title = {What Do We Know about the Effects of Fiscal Policy? - Separating Evidence from Ideology}, - journal = {Speech at Hamilton College, November}, - year = 2011 -} - -@BOOK{romer:text, - title = {Advanced Macroeconomics}, - publisher = {McGraw-Hill/Irwin}, - year = 2011, - author = {Romer, David}, - edition = {Fourth} -} - -@INCOLLECTION{romer:capform, - author = {Romer, Paul M.}, - title = {Capital Accumulation in the Theory of Long Run - Growth}, - booktitle = {Modern Business Cycle Theory}, - publisher = {Harvard University Press}, - year = 1989, - editor = {Barro, Robert J.}, - address = {Cambridge, Massachusetts} -} - -@ARTICLE{Romer:1986, - author = {Romer, Paul M}, - title = {Increasing Returns and Long-Run Growth}, - journal = {Journal of Political Economy}, - year = 1986, - volume = 94, - pages = {1002--37}, - number = 5, - month = {October} -} - -@ARTICLE{romer:growth, - author = {Romer, Paul M.}, - title = {Increasing Returns and Long Run Growth}, - journal = {Journal of Political Economy}, - year = 1986, - volume = 94, - pages = {1002--37}, - month = {October} -} - -@INCOLLECTION{rotemberg&woodford:macroannual, - author = {Rotemberg, Julio J. and Woodford, Michael}, - title = {An Optimization-Based Econometric Model for the - Evaluation of Monetary Policy}, - booktitle = {NBER Macroeconomics Annual, 1997}, - publisher = {MIT Press}, - year = 1997, - editor = {Bernanke, Benjamin S. and Rotemberg, Julio J.}, - volume = 12, - pages = {297--346}, - address = {Cambridge, MA} -} - -@ARTICLE{rotembergWoodfordPred, - author = {Rotemberg, Julio J. and Woodford, Michael}, - title = {Real Business Cycle Models and the Forecastable - Movements in Output, Hours and Consumption}, - journal = {American Economic Review}, - year = 1996, - volume = 86, - pages = {71--89}, - number = 1, - month = {January} -} - -@ARTICLE{roth&erev:learning, - author = {Roth, Alvin and Erev, Ido}, - title = {Learning in Extensive-Form Games: Experimental Data - and Simple Dynamic Models in the Intermediate Term}, - journal = {Games and Economic Behavior}, - year = 1995, - volume = 8, - pages = {164--212} -} - -@ARTICLE{Rudd2006, - author = {Jeremy Rudd and Karl Whelan}, - title = {A Note on the Cointegration of Consumption, Income, - and Wealth}, - journal = {Review of Economic Dynamics}, - year = 2006, - volume = 9, - pages = {34--51} -} - -@ARTICLE{rwCWRatio, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Empirical Proxies for the Consumption-Wealth Ratio}, - journal = {Review of Economic Dynamics}, - year = 2006, - volume = 9, - pages = {34--51}, - month = {January} -} - -@ARTICLE{rwAER06, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Can Rational Expectations Sticky-Price Models - Explain Inflation Dynamics?}, - journal = {American Economic Review}, - year = 2006, - volume = 96, - pages = {303--320}, - number = 1 -} - -@TECHREPORT{rw03, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Can Rational Expectations Sticky-Price Models - Explain Inflation Dynamics?}, - institution = {Federal Reserve Bank of Boston}, - year = 2005, - type = {mimeo} -} - -@TECHREPORT{rw05, - author = {Jeremy Rudd and Karl Whelan}, - title = {Modelling Inflation Dynamics: A Critical Survey of - Recent Research}, - institution = {Federal Reserve Bank of Boston}, - year = 2005, - type = {mimeo} -} - -@TECHREPORT{rw02, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Empirical Proxies for the Consumption--Wealth Ratio}, - institution = {Federal Reserve Board}, - year = 2002, - type = {FEDS working paper}, - number = 38 -} - -@BOOK{runciman:deprivation, - title = {Relative Deprivation and Social Justice: A Study of - Attitudes to Social Inequality in Twentieth-Century - England}, - publisher = {University of California Press}, - year = 1966, - author = {Runciman, W. G.}, - address = {Berkeley} -} - -@ARTICLE{runkle:PSID, - author = {Runkle, David E.}, - title = {Liquidity Constraints and the Permanent Income - Hypothesis: Evidence from Panel Data}, - journal = {Journal of Monetary Economics}, - year = 1991, - volume = 27, - pages = {39--98}, - number = 1 -} - -@ARTICLE{ryder&heal:optgrow, - author = {{Ryder, Harl} and {Geoffrey Heal}}, - title = {Optimal Growth with Intertemporally Dependent - Preferences}, - journal = {Review of Economic Studies}, - year = 1973, - volume = 40, - pages = {1--31}, - month = {January} -} - -@ARTICLE{sabelhaus&groen:measurement, - author = {Sabelhaus, John and Groen, Jeff}, - title = {Can Permanent-Income Theory Explain Cross-Section - Consumption Patterns?}, - journal = {Manuscript, Congressional Budget Office}, - year = 1998 -} - -@ARTICLE{sjasgghByIncome, - author = {John Sabelhaus and David Johnson and Stephen Ash and - David Swanson and Thesia Garner and John Greenlees - and Steve Henderson}, - title = {Is the Consumer Expenditure Survey Representative by - Income?}, - journal = {CRIW, University of Chicago Press}, - year = 2012, - month = {March 13} -} - -@article{szWIneq_MS, - author = {Emmanuel Saez and Gabriel Zucman}, - title = {Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data}, - year = {forthcoming}, -} - -@article{szWIneq, - title = "Wealth Inequality in the United States Since 1913: Evidence from Capitalized Income Tax Data", - author = "Emmanuel Saez and Gabriel Zucman", - institution = "National Bureau of Economic Research", - journal = {Quarterly Journal of Economics}, - year = "2016", - month = "May", - doi = {10.1093/qje/qjw004.}, - URL = "http://www.nber.org/papers/w20625", - abstract = {This paper combines income tax returns with Flow of Funds data to estimate the distribution of household wealth in the United States since 1913. We estimate wealth by capitalizing the incomes reported by individual taxpayers, accounting for assets that do not generate taxable income. We successfully test our capitalization method in three micro datasets where we can observe both income and wealth: the Survey of Consumer Finance, linked estate and income tax returns, and foundations' tax records. Wealth concentration has followed a U-shaped evolution over the last 100 years: It was high in the beginning of the twentieth century, fell from 1929 to 1978, and has continuously increased since then. The rise of wealth inequality is almost entirely due to the rise of the top 0.1\% wealth share, from 7\% in 1979 to 22\% in 2012--a level almost as high as in 1929. The bottom 90\% wealth share first increased up to the mid-1980s and then steadily declined. The increase in wealth concentration is due to the surge of top incomes combined with an increase in saving rate inequality. Top wealth-holders are younger today than in the 1960s and earn a higher fraction of total labor income in the economy. We explain how our findings can be reconciled with Survey of Consumer Finances and estate tax data.}, -} - -@techreport{NBERw20625, - title = "Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data", - author = "Emmanuel Saez and Gabriel Zucman", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "20625", - year = "2014", - month = "October", - doi = {10.3386/w20625}, - URL = "http://www.nber.org/papers/w20625", - abstract = {This paper combines income tax returns with Flow of Funds data to estimate the distribution of household wealth in the United States since 1913. We estimate wealth by capitalizing the incomes reported by individual taxpayers, accounting for assets that do not generate taxable income. We successfully test our capitalization method in three micro datasets where we can observe both income and wealth: the Survey of Consumer Finance, linked estate and income tax returns, and foundations' tax records. Wealth concentration has followed a U-shaped evolution over the last 100 years: It was high in the beginning of the twentieth century, fell from 1929 to 1978, and has continuously increased since then. The rise of wealth inequality is almost entirely due to the rise of the top 0.1\% wealth share, from 7\% in 1979 to 22\% in 2012--a level almost as high as in 1929. The bottom 90\% wealth share first increased up to the mid-1980s and then steadily declined. The increase in wealth concentration is due to the surge of top incomes combined with an increase in saving rate inequality. Top wealth-holders are younger today than in the 1960s and earn a higher fraction of total labor income in the economy. We explain how our findings can be reconciled with Survey of Consumer Finances and estate tax data.}, -} - -@techreport{deNardi2015, - title = {Quantitative Models of Wealth Inequality: A Survey}, - author = {Mariacristina {De Nardi}}, - institution = {National Bureau of Economic Research}, - type = {working paper}, - series = {Working Paper Series}, - number = {21106}, - year = {2015}, - month = {April}, -} - -@TechReport{cozzi2012, - author={Marco Cozzi}, - title={Risk Aversion Heterogeneity, Risky Jobs and Wealth Inequality}, - year=2012, - month=Dec, - institution={Queen's University, Department of Economics}, - type={Working Papers}, -} - -@INPROCEEDINGS{kruegerMitmanPerri:handbookMacro, - author = {Dirk Krueger and Kurt Mitman and Fabrizio Perri}, - title = {Macroeconomics and Heterogeneity, Including Inequality}, - booktitle = {Handbook of Macroeconomics}, - year = {forthcoming}, - editor = {John Taylor and Harald Uhlig}, - publisher = {North Holland}, - owner = {Jirka}, - url={http://economics.sas.upenn.edu/~dkrueger/research/Handbook.pdf} -} - -@ARTICLE{saez02, - author = {Saez, Emmanuel}, - title = {Optimal Income Transfer Programs: Intensive Versus - Extensive Labor Supply Responses}, - journal = {The Quarterly Journal of Economics}, - year = 2002, - volume = 117, - pages = {1039--1073}, - number = 3 -} - -@UNPUBLISHED{Safir2011, - author = {Safir, Adam}, - title = {Measurement Error and Gemini Project Overview}, - note = {CNSTAT Panel Briefing, February}, - month = {February}, - year = 2011 -} - -@ARTICLE{sag99, - author = {Saget, Catherine}, - title = {The determinants of female labour supply in - {H}ungary}, - journal = {Economics of Transition}, - year = 1999, - volume = 7, - pages = {575--591}, - number = 17 -} - -@ARTICLE{sahmRiskChange, - author = {Sahm, Claudia}, - title = {How Much Does Risk Tolerance Change?}, - journal = {Finance and Economics Discussion Series}, - year = 2007, - volume = 66, - note = - {\url{http://www.federalreserve.gov/Pubs/Feds/2007/200766/revision/200766pap.pdf}}, - abstract = {Stability of preferences is central to how - economists study behavior. This paper uses panel - data on hypothetical gambles over lifetime income in - the Health and Retirement Study to quantify changes - in risk tolerance over time and differences across - individuals. The maximum-likelihood estimation of a - correlated random effects model utilizes information - from 12,000 respondents in the 1992-2002 HRS. The - results are consistent with constant relative risk - aversion and career selection based on - preferences. While risk tolerance changes with age - and macroeconomic conditions, persistent differences - across individuals account for 73 percent of the - systematic variation.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/sahmRiskChange.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/sahmRiskChange.pdf:PDF}, - url = - {http://www.federalreserve.gov/Pubs/Feds/2007/200766/revision/200766pap.pdf} -} - -@ARTICLE{sssMail, - author = {Claudia R. Sahm and Matthew D. Shapiro and Joel - Slemrod}, - title = {Check in the Mail or More in the Paycheck: Does the - Effectiveness of Fiscal Stimulus Depend on How It Is - Delivered?}, - journal = {FEDS Working Paper No. 2010-40}, - year = 2010 -} - -@ARTICLE{Sahmetal:2008TaxRebates, - author = {Sahm, Claudia R. and Shapiro, Matthew D. and - Slemrod, Joel B.}, - title = {Household Response to the 2008 Tax Rebate: Survey - Evidence and Aggregate Implications}, - journal = {Tax Policy and the Economy}, - year = 2010, - volume = 24, - pages = {69--110} -} - -@ARTICLE{Sahm2009, - author = {Sahm, Claudia R. and Shapiro, Matthew D. and - Slemrod, Joel B.}, - title = {Household Response to the 2008 Tax Rebate: Survey - Evidence and Aggregate Implications}, - journal = {NBER Working Paper Number W15421}, - year = 2009, - month = Oct, - institution = {National Bureau of Economic Research, Inc} -} - -@ARTICLE{salaimartin:lecnotes, - author = {Sala-i-Martin, Xavier}, - title = {Lecture Notes on Economic Growth II: Five Prototype - Models of Endogenous Growth}, - journal = {NBER Working Paper Number 3564}, - year = 1990, - month = {December}, - note = {\url{http://ideas.repec.org/p/nbr/nberwo/3564.html}}, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/3564.html}, - url = {http://ideas.repec.org/p/nbr/nberwo/3564.html} -} - -@INCOLLECTION{Sala-i-Martin:1992, - author = {Sala-i-Martin, Xavier and Sachs, Jeffrey}, - title = {Fiscal Federalism and optimum currency areas: - Evidence for Europe from the United States}, - booktitle = {Establishing a central bank: Issues in Europe for - lessons from the U.S.}, - publisher = {Cambridge University Press}, - year = 1992, - editor = {adn Vittorio Grilli, Matthew Canzoneri and Masson, - Paul} -} - -@ARTICLE{samuelsonJudgment, - author = {Samuelson, Paul A.}, - title = {The Judgment of Economic Science on Rational - Portfolio Management: Indexing, Timing, and - Long-Horizon Effects}, - journal = {The Journal of Portfolio Management}, - year = 1989, - volume = 16, - pages = {4--12}, - number = 1, - publisher = {Institutional Investor Journals} -} - -@ARTICLE{samuelson:portfolio, - author = {Samuelson, Paul A.}, - title = {Lifetime Portfolio Selection by Dynamic Stochastic - Programming}, - journal = {Review of Economics and Statistics}, - year = 1969, - volume = 51, - pages = {239--46} -} - -@ARTICLE{samuelsonFallacy, - author = {Samuelson, Paul A}, - title = {Risk and Uncertainty: A Fallacy of Large Numbers}, - journal = {Scientia}, - year = 1963, - volume = 98, - pages = {108--113}, - number = {4-5} -} - -@ARTICLE{samuelson:olg, - author = {Samuelson, Paul A.}, - title = {An exact consumption loan model of interest with or - without the social contrivance of money}, - journal = {Journal of Political Economy}, - year = 1958, - volume = 66, - pages = {467--482} -} - -@ARTICLE{samuelsonI, - author = {Samuelson, Paul A.}, - title = {Interaction Between the Multiplier Analysis and the - Principle of Acceleration}, - journal = {Review of Economics and Statistics}, - year = 1939, - volume = 21, - pages = {75--78}, - number = 2 -} - -@ARTICLE{samwick:pensions, - author = {Samwick, Andrew A.}, - title = {The Limited Offset Between Pension Wealth and Other - Private Wealth: Implications of Buffer-Stock Saving}, - journal = {Manuscript, Department of Economics, Dartmouth - College}, - year = 1995 -} - -@INCOLLECTION{sandmo:opttax, - author = {Sandmo, ~A.}, - title = {The Effects of Taxation on Savings and Risk Taking}, - booktitle = {Handbook of Public Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1985, - editor = {{Alan J. Auerbach} and {Martin S. Feldstein}}, - address = {New York} -} - -@ARTICLE{sandriKFlows, - author = {Sandri, Damiano}, - title = {Growth and Capital Flows with Risky Entrepreneuship}, - journal = {IMF Working Paper No.10/37}, - year = 2010, - file = {sandriKFlows.pdf:sandriKFlows.pdf:PDF} -} - -@article{sandri:growthcapflows, - Author = {Damiano Sandri}, - Journal = {American Economic Journal: Macroeconomics}, - Title = {Growth and Capital Flows with Risky Entrepreneuship}, - Volume={6}, - Number={3}, - Pages={102-23}, - Year = {2014}, - url = {http://dx.doi.org/10.1257/mac.6.3.102}, - note = {http://llorracc.net/Papers/sandriGrowth.pdf} -} - -@ARTICLE{sandri:growthcapflows-JHU, - author = {Sandri, Damiano}, - title = {Growth and Capital Flows with Risky - Entrepreneurship}, - journal = {Manuscript, Johns Hopkins University}, - year = 2008 -} - -@ARTICLE{santaClaraValkanovPrez, - author = {Santa-Clara, Pedro and Valkanov, Rossen I.}, - title = {The Presidential Puzzle: Political Cycles and the - Stock Market}, - journal = {Journal of Finance}, - year = 2003, - volume = 58, - pages = {1841--1872}, - month = {October} -} - -@BOOK{sargentBlackBook, - title = {Macroeconomic Theory, Second Edition}, - publisher = {Academic Press}, - year = 1987, - author = {Sargent, Thomas}, - address = {Orlando, Florida} -} - -@INCOLLECTION{sargent:modinfl, - author = {Sargent, Thomas J.}, - title = {Stopping Moderate Inflations: The Methods of - Poincare and Thatcher}, - booktitle = {Inflation, Debt, and Indexation}, - publisher = {MIT Press}, - year = 1983, - editor = {Dornbusch, Rudiger and Simonsen, M.}, - pages = {54--96}, - address = {Cambridge, MA} -} - -@INCOLLECTION{sargent:biginfl, - author = {Sargent, Thomas J.}, - title = {The Ends of Four Big Inflations}, - booktitle = {Inflation: Causes and Consequences}, - publisher = {University of Chicago Press}, - year = 1982, - editor = {Hall, Robert E.}, - address = {Chicago} -} - -@BOOK{sargent:bounded, - title = {Bounded Rationality in Macroeconomics}, - publisher = {Oxford University Press}, - year = 1993, - author = {Sargent, Thomas J.}, - address = {Oxford} -} - -@BOOK{lsRecurse, - title = {Recursive Macroeconomic Theory}, - publisher = {The MIT Press}, - year = 2012, - author = {Sargent, Thomas J. and Ljunqvist, Lars}, - address = {Cambridge, MA} -} - -@ARTICLE{schectman:fluctuation, - author = {Schectman, Jack}, - title = {An Income Fluctuation Problem}, - journal = {Journal of Economic Theory}, - year = 1976, - volume = {XII}, - pages = {218--41} -} - -@ARTICLE{sen:poor, - author = {Sen, Amartya}, - title = {Poor, Relatively Speaking}, - journal = {Oxford Economic Papers}, - year = 1983, - volume = 35, - pages = {153--169} -} - -@BOOK{Sethi:Thompson:2000, - title = {Optimal Control Theory: Applications to Management - Science and Economics}, - publisher = {Kluwer Academic Publishers}, - year = 2000, - author = {Sethi, S.P. and Thompson, G.L.}, - address = {Boston} -} - -@ARTICLE{shapiro:PSID, - author = {Shapiro, Matthew D.}, - title = {The Permanent Income Hypothesis and the Real - Interest Rate: Some Evidence from Panel Data}, - journal = {Economics Letters}, - year = 1984, - volume = 14, - pages = {93--100}, - number = 1 -} - -@article{shapiroSlemrod:2008rebates, - author = {Shapiro, Matthew W. and Slemrod, Joel B.}, - journal = {American Economic Review}, - number = 2, - pages = {374--379}, - title = {Did the 2008 Tax Rebates Stimulate Spending?}, - volume = 99, - year = 2009, - note = - {\url{http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf}}, - url = - {http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf} -} - -@ARTICLE{ssBangOld, - author = {Shapiro, Matthew D. and Joel Slemrod}, - title = {Did the 2008 Tax Rebates Stimulate Spending?}, - journal = {Manuscript, University of Michigan}, - year = 2009, - note = - {\url{http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf}}, - url = - {http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf} -} - -@ARTICLE{shapiroSlemrod:AER03, - author = {Matthew D. Shapiro and Joel Slemrod}, - title = {Consumer Response to Tax Rebates}, - journal = {American Economic Review}, - year = 2003, - volume = 93, - pages = {381--396}, - number = 1 -} - -@ARTICLE{shapiro&slemrod:timing, - author = {Shapiro, Matthew D. and Slemrod, Joel B.}, - title = {Consumer Response to the Timing of Income: Evidence - from a Change in Tax Withholding}, - journal = {American Economic Review}, - year = 1995, - volume = 85, - pages = {274--283}, - number = 1, - month = {March} -} - -@ARTICLE{shea:iv, - author = {Shea, John}, - title = {Instrument Relevance in Multivariate Linear Models: - A Simple Measure}, - journal = {Review of Economics and Statistics}, - year = 1997, - volume = 49, - pages = {348--352}, - number = 2 -} - -@ARTICLE{shea:unions, - author = {Shea, John}, - title = {Union Contracts and the Life-Cycle/Permanent-Income - Hypothesis}, - journal = {American Economic Review}, - year = 1995, - volume = 85, - pages = {186--200}, - number = 1, - month = {March} -} - -@ARTICLE{ShieldsTo2005, - author = {Jennifer Shields and Nhien To}, - title = {Learning to Say No: Conditioned Underreporting in an - Expenditure Survey}, - journal = {American Association for Public OpinionResearch - - American Statistical Association, Proceedings of the - Section on Survey Research Methods}, - year = 2005, - pages = {3963--8} -} - -@MISC{shillerHousingBubble, - author = {Shiller, Robert}, - title = {Yale Professor Predicts Housing `Bubble' Will Burst}, - howpublished = {Interview with National Public Radio}, - month = {June 3}, - year = 2005 -} - -@TECHREPORT{Shiller:2004, - author = {Shiller, Robert J.}, - title = {Household Reaction to Chagnes in Housing Wealth}, - institution = {Cowles Foundation for Research in Economics, Yale - University}, - year = 2004, - note = {Discussion Paper NO. 1459} -} - -@ARTICLE{shiller:behavior, - author = {Shiller, Robert J.}, - title = {Human Behavior and the Efficiency of the Financial - System}, - journal = {Manuscript, Yale University}, - year = 1997 -} - -@BOOK{shiller:markets, - title = {Macro Markets: Creating Institutions for Managing - Society's Largest Economic Risks}, - publisher = {Oxford University Press}, - year = 1993, - author = {Shiller, Robert J.} -} - -@ARTICLE{shirvani&wilbratte:asymmetry, - author = {Shirvani, Hassan and Wilbratte, Barry}, - title = {Does Consumption Respond More Strongly to Stock - Market Declines than to Increases?}, - journal = {International Economic Review}, - year = 2000, - volume = 14, - pages = {41--49} -} - -@ARTICLE{shore:couples, - author = {Shore, Stephen H.}, - title = {The Co-Movement of Couples' Incomes}, - journal = {Manuscript, University of Pennsylvania, Wharton - School}, - year = 2006 -} - -@TECHREPORT{sw06, - author = {Shore, Stephen H. and White, Joshua S.}, - title = {External Habit Formation and the Home Bias Puzzle}, - institution = {The Wharton School, University of Pennsylvania}, - year = 2006, - type = {working paper} -} - -@ARTICLE{sibley:optimalc, - author = {Sibley, David S.}, - title = {Permanent and Transitory Income Effects in a Model - of Optimal Consumption with Wage Income Uncertainty}, - journal = {Journal of Economic Theory}, - year = 1975, - volume = 11, - pages = {68--82} -} - -@ARTICLE{SibleyPIH, - author = {Sibley, David S.}, - title = {Permanent and Transitory Effects of Optimal - Consumption with Wage Income Uncertainty}, - journal = {Journal of Economic Theory}, - year = 1975, - pages = {68--82} -} - -@ARTICLE{sichel:inventories, - author = {Sichel, Daniel S.}, - title = {Inventories and the Three Stages of the Business - Cycle}, - journal = {Journal of Business and Economic Statistics}, - year = 1994, - volume = 12, - pages = {269--277} -} - -@ARTICLE{sichel:3states, - author = {Sichel, Daniel S.}, - title = {Business Cycle Asymmetries: A Deeper Look}, - journal = {Economic Inquiry}, - year = 1993, - pages = {224--236} -} - -@MISC{silverPolls2012, - author = {Silver, Nate}, - title = {Which Polls Fared Best and Worst in the 2012 - Presidential Race?}, - month = {Nov}, - year = 2012, - note = - {\url{http://fivethirtyeight.blogs.nytimes.com/2012/11/10/which-polls-fared-best-and-worst-in-the-2012-presidential-race/}}, - day = 10, - journal = {New York Times, FiveThirtyEight Blog}, - url = - {http://fivethirtyeight.blogs.nytimes.com/2012/11/10/which-polls-fared-best-and-worst-in-the-2012-presidential-race/} -} - -@PHDTHESIS{simonivcOperators, - author = {Simoni{\v}{c}, A.}, - title = {An {Extension} of {Lomonosov's} {Techniques} to - {Non}-{Compact} {Operators}}, - school = {Dalhousie University, Department of Mathematics, - Statistics, \& Computing Science}, - year = 1994 -} - -@UNPUBLISHED{Sim91, - author = {Simoni{\v}{c}, A.}, - title = {Notes on {Subharmonic} {Functions}}, - note = {Lecture Notes, Dalhousie University, Department of - Mathematics, Statistics, \& Computing Science}, - year = 1991 -} - -@TECHREPORT{sims05, - author = {Sims, Christopher}, - title = {Rational Inattention: A Research Agenda}, - institution = {Deutsche Bundesbank}, - year = 2005, - type = {Deutsche Bundesbank discussion paper}, - number = 34 -} - -@ARTICLE{simsInattention, - author = {Sims, Christopher}, - title = {Implications of Rational Inattention}, - journal = {Journal of Monetary Economics}, - year = 2003, - volume = 50, - pages = {665--690}, - number = 3, - note = {available at \url{http://ideas.repec.org/a/eee/moneco/v50y2003i3p665-690.html}} -} - -@ARTICLE{simsQJE:inattention, - author = {Sims, Christopher A.}, - title = {Implications of Rational Inattention}, - journal = {Manuscript, Yale University}, - year = 2001 -} - -@MISC{sims:backsolve, - author = {Sims, Christopher A.}, - title = {Solving Nonlinear Stochastic Optimization and - Equilibrium Problems Backwards}, - howpublished = {Institute for Empirical Macroeconomics Discussion - Paper 15, Federal Reserve Bank of Minneapolis and - University of Minnesota}, - year = 1989 -} - -@ARTICLE{sirziz03, - author = {Sirovatka, Tomas and Zizlavsky, Martin}, - title = {Unemployment and Work Incentives ({N}ezamestnanost a - pracovni pobidky)}, - journal = {Political Economy (Politicka ekonomie)}, - year = 2003, - volume = 51, - pages = {391--406}, - number = 3, - note = {In Czech} -} - -@INCOLLECTION{skinner:houseUS, - author = {Skinner, Jonathan S.}, - title = {Housing and Saving in the U.S.}, - booktitle = {Housing Markets in the United States and Japan}, - publisher = {University of Chicago Press for NBER}, - year = 1994, - editor = {Noguchi, Yoshiro and Poterba, James M.}, - address = {Chicago:} -} - -@INCOLLECTION{skinner:sideshow, - author = {Skinner, Jonathan S.}, - title = {Is Housing Wealth a Sideshow?}, - booktitle = {Advances in the Economics of Aging}, - publisher = {University of Chicago Press for NBER}, - year = 1994, - editor = {Wise, David}, - address = {Chicago:} -} - -@ARTICLE{skinner:jme, - author = {Skinner, Jonathan S.}, - title = {Risky Income, Life Cycle Consumption, and - Precautionary Savings}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 22, - pages = {237--255} -} - -@ARTICLE{sv:Ed, - author = {Skyt Nielsen, Helena and Annette - Vissing-J{\o}rgensen}, - title = {The Impact of Labor Income Risk on Educational - Choices: Estimates and Implied Risk Aversion}, - journal = {Manuscript, Kellogg School, Northwestern University}, - year = 2006, - month = {January}, - bdsk-url-1 = - {http://www.kellogg.northwestern.edu/faculty/vissing/htm/nielsen_vissing2006.pdf}, - url = - {http://www.kellogg.northwestern.edu/faculty/vissing/htm/nielsen_vissing2006.pdf} -} - -@ARTICLE{sla09, - author = {Slacalek, Jiri}, - title = {What Drives Personal Consumption? The Role of - Housing and Financial Wealth}, - journal = {The B.E. Journal of Macroeconomics}, - year = 2009, - volume = 9, - pages = {article 37}, - number = 1, - institution = {German Institute for Economic Research, DIW Berlin}, - type = {mimeo} -} - -@TECHREPORT{slacalekDrives, - author = {Slacalek, Jiri}, - title = {What Drives Personal Consumption? {T}he Role of - Housing and Financial Wealth}, - institution = {German Institute for Economic Research, DIW Berlin}, - year = 2006, - type = {discussion paper}, - number = 647 -} - -@ARTICLE{slacalek:coint, - author = {Slacalek, Jiri}, - title = {International Evidence On Cointegration Between - Consumption, Income, And Wealth}, - journal = {Manuscript, Johns Hopkins University}, - year = 2005, - bdsk-url-1 = - {http://econ.jhu.edu/people/slacalek/research/cointegration.pdf}, - url = {http://econ.jhu.edu/people/slacalek/research/ - cointegration.pdf} -} - -@TECHREPORT{slacalek:cwunstable, - author = {Slacalek, Jiri}, - title = {International Evidence on Cointegration between - Consumption, Income, and Wealth}, - institution = {Johns Hopkins University}, - year = 2004, - type = {mimeo} -} - -@BOOK{slemrod:progressivity, - title = {Tax Progressivity and Income Inequality}, - publisher = {Cambridge University Press}, - year = 1994, - author = {Slemrod, Joel}, - address = {New York} -} - -@ARTICLE{slifman&corrado:pty, - author = {Slifman, Lawrence and Corrado, Carol}, - title = {Decomposition of Productivity and Unit Costs}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {328--332}, - number = 2 -} - -@ARTICLE{sw03, - author = {Smets, Frank and Wouters, Raf}, - title = {An Estimated Dynamic Stochastic General Equilibrium - Model of the Euro Area}, - journal = {Journal of European Economic Association}, - year = 2003, - volume = 5, - pages = {1123--1175}, - number = 1 -} - -@INCOLLECTION{smith:wealth, - author = {Smith, Adam}, - title = {An Inquiry into the Nature and Causes of the Wealth - of Nations}, - booktitle = {The Wealth of Nations: The Cannan Edition}, - publisher = {Modern Library}, - year = 1776, - editor = {Cannan, E.}, - address = {New York}, - note = {(1937)} -} - -@ARTICLE{Solon1992, - author = {Gary Solon}, - title = {Intergenerational Income Mobility in the United - States}, - journal = AER, - year = 1992, - volume = 82, - pages = {409--29}, - number = 3, - month = {June} -} - -@ARTICLE{solow:rep, - author = {Solow, Robert M.}, - title = {Dumb and Dumber in Macroeconomics}, - journal = {Manuscript, MIT}, - year = 2003 -} - -@ARTICLE{solow:contribution, - author = {Solow, Robert M.}, - title = {A Contribution to the Theory of Economic Growth}, - journal = {Quarterly Journal of Economics}, - year = 1956, - volume = 70, - pages = {65--94}, - number = 1 -} - -@ARTICLE{muellbauerHabits, - author = {Muellbauer, John}, - title = {Habits, Rationality and Myopia in the Life Cycle - Consumption Function}, - journal = {Annales d'Economie et de Statistique}, - year = 1988, - volume = 9, - pages = {47--70} -} - -@TECHREPORT{sommerHabits, - author = {Sommer, Martin}, - title = {Habits, Sentiment and Predictable Income in the - Dynamics of Aggregate Consumption}, - institution = {Johns Hopkins University}, - year = 2002, - type = {working Paper Number 458; Updated 2006}, - note = {Available at - {\url{http://econ.jhu.edu/pdf/papers/wp458_version2006.pdf}}} -} - -@ARTICLE{sommer:jobmarket, - author = {Sommer, Martin}, - title = {Habits, Sentiment and Predictable Income in the - Dynamics of Aggregate Consumption}, - journal = {Manuscript, The Johns Hopkins University}, - year = 2001, - note = - {\href{http://econ.jhu.edu/pdf/papers/wp458.pdf}{http://econ.jhu.edu/pdf/papers/wp458.pdf}} -} - -@ARTICLE{syChina, - author = {Song, Zheng Michael and Yang, Dennis Tao}, - title = {Life Cycle Earnings and Saving in a Fast-Growing - Economy}, - journal = {Manuscript, Chinese University of Hong Kong}, - year = 2010 -} - -@ARTICLE{souleles:sentiment, - author = {Souleles, Nicholas}, - title = {Consumer Sentiment: Its Rationality and Usefulness - in Forecasting Expenditure; Evidence from the - Michigan Micro Data}, - journal = {Journal of Money, Credit, and Banking}, - year = {forthcoming} -} - -@ARTICLE{souleles:finance, - author = {Souleles, Nicholas S.}, - title = {Household Securities Purchases, Transactions Costs, - and Hedging Motives}, - journal = {Manuscript, University of Pennsylvania}, - year = 2000 -} - -@ARTICLE{souleles:taxrefunds, - author = {Souleles, Nicholas S.}, - title = {The Response of Household Consumption to Income Tax - Refunds}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {947--958}, - number = 4, - month = {September} -} - -@ARTICLE{sousa:stocks, - author = {Sousa, Ricardo}, - title = {Property of Stocks and Wealth Effects on - Consumption}, - journal = {Manuscript, University of Minho, Portugal}, - year = 2003 -} - -@ARTICLE{Splinter:2010vd, - author = {Splinter, David and Bryant, Victoria and Diamond, - John, W.}, - title = {{Income Volatility and Mobility: U.S. Income Tax - Data, 1999--2007}}, - year = 2010, - date-added = {2013-04-07T22:40:14GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{2010_Splinter.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Splinter/2010_Splinter.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Splinter/2010_Splinter.pdf}, - rating = 0, - uri = - {\url{papers2://publication/uuid/1986B22E-9258-492A-8A7D-71082007A882}}, - url = - {http://www.bakerinstitute.org/publications/TEPP-pub-SplinterBryantDiamondIncomeVolatility-012010.pdf} -} - -@ARTICLE{ssw:nairu, - author = {Staiger, Douglas and Stock, James H. and Watson, - Mark W.}, - title = {Prices, Wages, and the U.S. NAIRU in the 1990s}, - journal = {NBER Working Paper Number 8320}, - year = 2001 -} - -@ARTICLE{staiger&stock:disease, - author = {{Staiger, Douglas} and Stock, James H.}, - title = {Instrumental Variables Regression with Weak - Instruments}, - journal = {NBER Technical Working Paper No. 151}, - year = 1994 -} - -@ARTICLE{StarrMcCluer:2002, - author = {Starr-McCluer, Martha}, - title = {Stock Market Wealth and Consumption}, - journal = {Economic Inquiry}, - year = 2002, - volume = 40, - pages = {69--79}, - number = 1, - month = {January}, - abstract = {This article investigates the effects of stock - market wealth on consumer spending. Traditional - macroeconometric models estimate that a dollar's - increase in stock wealth boosts consumption by three - to seven cents. With the substantial 1990s rise in - stock prices, the nature and magnitude of this - {"}wealth effect{"} have been much debated. After - describing the issues and previous research, I - present new evidence from a well-known consumer - survey. The results are broadly consistent with - life-cycle saving and a modest wealth effect: most - stockholders reported no appreciable effect of stock - prices on their saving or spending, but many - mentioned {"}retirement saving{"} in explaining - their behavior.} -} - -@ARTICLE{starr-mccluer:stockmarket, - author = {Starr-McCluer, Martha}, - title = {Stock Market Wealth and Consumer Spending}, - journal = {Federal Reserve Board of Governors}, - year = 1998 -} - -@ARTICLE{StiglerBeckerDeGustibus, - author = {Stigler, George J. and Becker, Gary S.}, - title = {{De Gustibus Non Est Disputandum}}, - journal = {The American Economic Review}, - year = 1977, - volume = 67, - pages = {76--90}, - number = 2, - bdsk-url-1 = {http://dx.doi.org/10.2307/1807222}, - citeulike-article-id =350004, - citeulike-linkout-0 ={http://dx.doi.org/10.2307/1807222}, - citeulike-linkout-1 ={http://www.jstor.org/stable/1807222}, - doi = {10.2307/1807222}, - keywords = {economics, methodology, philosophy}, - posted-at = {2008-10-06 08:07:03}, - priority = 2, - url = {http://dx.doi.org/10.2307/1807222} -} - -@TECHREPORT{swManyPredictors_inflPred, - author = {Stock, James and Watson, Mark}, - title = {Has Inflation Become Harder to Forecast?}, - institution = {Harvard University}, - year = 2005, - type = {mimeo} -} - -@INCOLLECTION{stock:Handbook, - author = {Stock, James H.}, - title = {Unit roots, structural breaks and trends}, - booktitle = {Handbook of Econometrics}, - publisher = {Elsevier}, - year = 1986, - editor = {R. F. Engle and D. McFadden}, - volume = 4, - series = {Handbook of Econometrics}, - chapter = 46, - pages = {2739--2841}, - month = {December}, - abstract = {This chapter reviews inference about large - autoregressive or moving average roots in univariate - time series, and structural change in multivariate - time series regression. The \"problem\" of - unit roots is cast more broadly as determining the - order of integration of a series; estimation, - inference, and confidence intervals are - discussed. The discussion of structural change - focuses on tests for parameter stability. Much - emphasis is on asymptotic distributions in these - nonstandard settings, and one theme is the general - applicability of functional central limit - theory. The quality of the asymptotic approximations - to finite-sample distributions and implications for - empirical work are critically reviewed.}, - url = {http://ideas.repec.org/h/eee/ecochp/4-46.html} -} - -@ARTICLE{sto91, - author = {Stock, James H.}, - title = {Confidence Intervals for the Largest Autoregressive - Root in Macroeconomic Time Series}, - journal = {Journal of Monetary Economics}, - year = 1991, - volume = 28, - pages = {445--460}, - number = 3 -} - -@ARTICLE{stock&watson:forecasting, - author = {Stock, James H. and Watson, Mark W.}, - title = {Forecasting Output and Inflation: The Role of Asset - Prices}, - journal = {Journal of Economic Literature}, - year = 2003 -} - -@ARTICLE{swPrincipal, - author = {James H. Stock and Mark W. Watson}, - title = {Forecasting Using Principal Components from a Large - Number of Predictors}, - journal = {Journal of the American Statistical Association}, - year = 2002, - volume = 97, - pages = {1167--1179} -} - -@ARTICLE{sw02a, - author = {Stock, James H. and Watson, Mark W.}, - title = {Macroeconomic Forecasting Using Diffusion Indexes}, - journal = {Journal of Business and Economic Statistics}, - year = 2002, - volume = 20, - pages = {147--162}, - number = 2 -} - -@ARTICLE{swInflation, - author = {Stock, James H. and Watson, Mark W.}, - title = {Forecasting Inflation}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 44, - pages = {293--335} -} - -@ARTICLE{swMedianUnbiased, - author = {James H. Stock and Mark W. Watson}, - title = {Median Unbiased Estimation of Coefficient Variance - in a Time-Varying Parameter Model}, - journal = {Journal of the American Statistical Association}, - year = 1998, - volume = 93, - pages = {349--358}, - number = 441 -} - -@MISC{stock&watson:handbook, - author = {Stock, James H. and Watson, Mark W.}, - title = {Business Cycle Fluctuations in U.S. Macroeconomic - Time Series}, - howpublished = {Working Paper}, - year = 1997 -} - -@ARTICLE{swy02, - author = {Stock, James H. and Wright, Jonathan H. and Yogo, - Motohiro}, - title = {A Survey of Weak Instruments and Weak Identification - in Generalized Method of Moments}, - journal = {Journal of Business and Economic Statistics}, - year = 2002, - volume = 20, - pages = {518--529}, - number = 4 -} - -@ARTICLE{Stockman:1988, - author = {Stockman, Alan C.}, - title = {Sectoral and National Aggregate Disturbances to - Industrial Output in Seven European Countries}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 21, - pages = {387--409} -} - -@ARTICLE{sty:cyclical, - author = {Storesletten, Kjetil and Telmer, Chris I. and Yaron, - Amir}, - title = {Cyclical Dynamics in Idiosyncratic Labor-Market - Risk}, - journal = {Journal of Political Economy}, - year = 2004, - volume = 112, - pages = {695--717}, - number = 3, - month = {June} -} - -@ARTICLE{strotzInconsistent, - author = {Strotz, Richard H.}, - title = {Myopia and Inconsistency in Dynamic Utility - Maximization}, - journal = {Review of Economic Studies}, - year = 1955, - volume = 23, - pages = {165--180}, - number = 3 -} - -@ARTICLE{suk07, - author = {Sukiassyan, Grigor}, - title = {Inequality and Growth: What Does the Transition - Economy Data Say?}, - journal = {Journal of Comparative Economics}, - year = 2007, - volume = 35, - pages = {35--56}, - number = 1 -} - -@ARTICLE{summersWolf, - author = {Summers, Lawrence H.}, - title = {Larry Summers and Martin Wolf on New Economic - Thinking}, - journal = {Financial Times video interview}, - year = 2011, - note = {\url{http://tinyurl.com/dl201108a}}, - date = {April 8, 2011}, - url = {http://tinyurl.com/dl201108a} -} - -@Article{summersIllusion, - Title = {The Scientific Illusion in Empirical Macroeconomics}, - Author = {Summers, Lawrence H}, - Journal = {Scandinavian Journal of Economics}, - Year = 1991, - Note = - {\url{http://www.econ.ucdavis.edu/faculty/kdsalyer/LECTURES/Ecn200e/summers_illusion.pdf}}, - Number = 2, - Pages = {129-48}, - Volume = 93, - Owner = {Nic Johnson}, - Url = - {http://www.econ.ucdavis.edu/faculty/kdsalyer/LECTURES/Ecn200e/summers_illusion.pdf} -} - -@ARTICLE{summers:skeptical, - author = {Summers, Lawrence H.}, - title = {Some Skeptical Observations on Real Business Cycle - Theory}, - journal = {Federal Reserve Bank of Minneapolis Quarterly - Review}, - year = 1986, - volume = 10, - pages = {23--27}, - note = - {\url{http://minneapolisfed.org/research/QR/QR1043.pdf}}, - bdsk-url-1 = {http://minneapolisfed.org/research/QR/QR1043.pdf}, - file = {summersSkeptical.pdf:summersSkeptical.pdf:PDF}, - url = {http://minneapolisfed.org/research/QR/QR1043.pdf} -} - -@Article{summersCapTax, - Title = {Capital Taxation and Accumulation in a Life Cycle - Growth Model}, - Author = {Summers, Lawrence H.}, - Journal = {American Economic Review}, - Year = 1981, - Note = {\url{http://www.jstor.org/stable/1806179}}, - Number = 4, - Pages = {533--544}, - Volume = 71, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1806179} -} - -@ARTICLE{summers&heston:article, - author = {Summers, Robert and Heston, Alan}, - title = {A New Set of International Comparisons of Real - Product and Price Level Estimates for 130 Countries, - 1950-1985}, - journal = {Review of Income and Wealth}, - year = 1988, - volume = {XXXIV}, - pages = {1--25} -} - -@TECHREPORT{scf04Charts, - author = {{Survey of Consumer Finances}}, - title = {2004 SCF Chartbook}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2007, - type = {electronic document}, - note = {Available at - \url{http://www.federalreserve.gov/pubs/oss/oss2/2004/scf2004home.html}} -} - -@ARTICLE{sve02, - author = {Jan Svejnar}, - title = {Transition Economies: Performance and Challenges}, - journal = {Journal of Economic Perspectives}, - year = 2002, - volume = 16, - pages = {3--28}, - number = 1 -} - -@ARTICLE{szeidlInvariantOrig, - author = {Szeidl, Adam}, - title = {Invariant Distribution in Buffer-Stock Saving and - Stochastic Growth Models}, - journal = {Manuscript, University of California at Berkeley}, - year = 2006, - month = {October} -} - -@ARTICLE{szeidl:ergodic, - author = {Szeidl, Adam}, - title = {On Ergodic Distributions and Buffer Stock Saving - Models}, - journal = {Manuscript, Harvard University}, - year = 2002 -} - -@ARTICLE{tv03, - author = {Alvin Tan and Graham Voss}, - title = {Consumption and Wealth in Australia}, - journal = {Economic Record}, - year = 2003, - volume = 244, - pages = {39--56}, - number = 79 -} - -@ARTICLE{tauchen&hussey:quadrature, - author = {Tauchen, George and Hussey, R.}, - title = {Quadrature-Based Methods for Obtaining Approximate - Solutions to the Integral Equations of Nonlinear - Rational Expectations Models}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {371--96} -} - -@ARTICLE{taylorFiscal, - author = {Taylor, John B.}, - title = {The Lack of an Empirical Rationale for a Revival of - Discretionary Fiscal Policy}, - journal = {The American Economic Review}, - year = 2009, - volume = 99, - pages = {550--555}, - number = 2, - publisher = {JSTOR} -} - -@ARTICLE{taylor&uhlig:solve, - author = {{Taylor, John B.} and {Harald Uhlig}}, - title = {Solving Nonlinear Stochastic Growth Models: A - Comparison of Alternative Solution Methods}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {35--36}, - number = 1 -} - -@ARTICLE{thalerFungibility, - author = {Thaler, Richard H.}, - title = {Anomalies: Saving, Fungibility, and Mental Accounts}, - journal = {Journal of Economic Perspectives}, - year = 1990, - volume = 4, - pages = {193--205}, - number = 1, - month = {January} -} - -@ARTICLE{thaler:psychology, - author = {Thaler, Richard H.}, - title = {Psychology and Savings Policies}, - journal = {American Economic Review, Papers and Proceedings}, - year = 1994, - volume = 84, - pages = {186--192}, - number = 2, - month = may -} - - -@ARTICLE{thalerMental, - author = {Thaler, Richard H.}, - title = {Saving, Fungibility and Mental Accounts}, - journal = {Journal of Economic Perspectives}, - year = 1990, - volume = 4, - pages = {193--205} -} - -@ARTICLE{thaler&shefrin:selfcontrol, - author = {Thaler, Richard H. and Shefrin, Hersh M.}, - title = {An Economic Theory of Self-Control}, - journal = {Journal of Political Economy}, - year = 1981, - volume = 89, - pages = {392--406}, - number = 2, - month = {April} -} - -@ARTICLE{thomas:surveyinfl, - author = {Thomas Jr., Lloyd B.}, - title = {Survey Measures of Expected U.S. Inflation}, - journal = {Journal of Economic Perspectives}, - year = 1999, - volume = 13, - pages = {125--144}, - number = 4 -} - -@BOOK{thomsonGuide, - title = {A Guide for the Young Economist}, - publisher = {M.I.T. Press}, - year = 2001, - author = {Thomson, William L.}, - address = {Cambridge} -} - -@TECHREPORT{tlu05, - author = {Vlastimil Tlusty}, - title = {Modern Tax, Pension and Social System (Moderni - danovy, duchodovy a socialni system)}, - year = 2005, - type = {presentation}, - note = {{X}VI. Congress of Czech Civic Democratic Party - (ODS), November 27, 2005 Available at - \url{http://www.tlusty.cz/}, In Czech} -} - -@INCOLLECTION{tobin:sandg, - author = {Tobin, James}, - title = {Life Cycle Saving and Balanced Growth}, - booktitle = {Ten Economic Studies in the Tradition of Irving - Fisher}, - publisher = {Wiley}, - year = 1967, - editor = {Fellner, William}, - address = {New York} -} - -@INPROCEEDINGS{tobinSaving, - author = {Tobin, James}, - title = {Life Cycle Saving and Balanced Growth}, - booktitle = {Ten Economic Studies in the Tradition of Irving - Fisher}, - year = 1967, - editor = {Fellner, William}, - pages = {231--256}, - publisher = {J. Wiley and Sons, Inc.} -} - -@BOOK{tobinMacro, - title = {Asset Accumulation and Economic Activity: - Reflections on Contemporary Macroeconomic Theory}, - publisher = {Basil Blackwell}, - year = 1980, - author = {Tobin, James}, - location = {Oxford} -} - -@ARTICLE{tobinsQ, - author = {Tobin, James}, - title = {A General Equilibrium Approach to Monetary Theory}, - journal = {Journal of Money Credit and Banking}, - year = 1969, - volume = 1, - pages = {15--29}, - number = 1 -} - -@ARTICLE{tobinRisk, - author = {Tobin, James}, - title = {Liquidity Preference as Behavior Towards Risk}, - journal = {Review of Economic Studies}, - year = 1958, - volume = {XXXV}, - pages = {65--86}, - number = 67, - month = {February}, - bdsk-url-1 = {http://cowles.econ.yale.edu/P/cm/m19/m19-01.pdf}, - url = {http://cowles.econ.yale.edu/P/cm/m19/m19-01.pdf} -} - -@ARTICLE{tokuokaCapitalist, - author = {Kiichi Tokuoka}, - title = {Is Wealth Accumulation a Luxury Good?}, - journal = {Economics Letters}, - year = 2012, - volume = 115, - pages = {523--526}, - number = 3, - doi = {10.1016/j.econlet.2011.12.122}, - file = {tokuokaCapitalist.pdf:tokuokaCapitalist.pdf:PDF}, - issn = {0165-1765}, - keywords = {Wealth}, - url = - {http://www.sciencedirect.com/science/article/pii/S0165176511006458} -} - -@ARTICLE{topelSeniority, - author = {Topel, Robert H.}, - title = {Specific Capital, Mobility and Wages: Wages Rise - with Job Seniority}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {145--176}, - issue = 1 -} - -@ARTICLE{topel90, - author = {Topel, Robert H.}, - title = {Specific Capital, Mobility and Wages: Wages Rise - with Job Seniority}, - journal = {NBER Working Paper Number W3294}, - year = 1990 -} - -@ARTICLE{topel92, - author = {Topel, Robert H. and Ward, Michael P.}, - title = {Job Mobility and the Careers of Young Men}, - journal = {Quarterly Journal of Economics}, - year = 1992, - volume = 107, - pages = {439--479}, - number = 2, - month = {May} -} - -@ARTICLE{townsendIndia, - author = {Townsend, Robert}, - title = {Risk and Insurance in Village India}, - journal = {Econometrica}, - year = 1994, - volume = 62, - pages = {171--84}, - number = 3 -} - -@TECHREPORT{trabandt05, - author = {Mathias Trabandt}, - title = {Sticky Information vs. Sticky Prices: A Horse Race - in a DSGE Framework}, - institution = {Humboldt University Berlin}, - year = 2004, - type = {mimeo} -} - -@BOOK{trump:deal, - title = {Trump: The Art of the Deal}, - publisher = {Random House}, - year = 1988, - author = {Trump, Donald}, - address = {New York}, - note = {With Tony Schwarz} -} - -@ARTICLE{jappelli&pagano:intlLC, - author = {Tullio Jappelli, Marco Pagano}, - title = {Consumption and Capital Market Imperfections: An - International Comparison}, - journal = {The American Economic Review}, - year = 1989, - volume = 79, - pages = {1088--1105}, - number = 5, - month = {December} -} - -@ARTICLE{turnovsky:inflsurv, - author = {Turnovsky, Stephen J.}, - title = {Empirical Evidence on the Formation of Price - Expectations}, - journal = {Journal of the American Statistical Association}, - year = 1970, - volume = 65, - pages = {1441--54}, - number = {December} -} - -@ARTICLE{tuttle&gauger:wealtheffects, - author = {Tuttle, M. H. and Gauger, Jean}, - title = {Wealth Effects and Consumption: A Multivariate - Evaluation}, - journal = {Mimeo, University of Tennessee}, - year = 2003 -} - -@ARTICLE{urich&wachtel:money, - author = {Urich, Thomas and Wachtel, Paul}, - title = {The Structure of Expectations of the Weekly Money - Supply Announcement}, - journal = {Journal of Monetary Economics}, - year = 1984, - volume = 13, - pages = {183--194} -} - -@INCOLLECTION{uzawa:patientownall, - author = {Uzawa, Hirofumi}, - title = {Time Preference, the Consumption Function, and - Optimum Asset Holdings}, - booktitle = {Value, Capital, and Growth: Papers in Honor of Sir - John Hicks}, - publisher = {Edinborough University Press}, - year = 1968, - editor = {Wolfe, J. N.}, - pages = {485--504}, - address = {Chicago} -} - -@INBOOK{skg:impact, - pages = {35--64}, - title = {The Impact of Changes in Income and Family - Composition on Subjective Well-Being}, - publisher = {University of Chicago Press}, - year = 1985, - author = {{v}an~de~Stadt, Huib and Kapteyn, Arie and van~de~Geer, Sara}, - booktitle = {Horizontal Equity, Uncertainty, and Economic - Well-Being} -} - -@ARTICLE{skg:relativity, - author = {{v}an~de~Stadt, Huib and Kapteyn, Arie and - van~de~Geer, Sara}, - title = {The Relativity of Utility: Evidence from Panel Data}, - journal = {Review of Economics and Statistics}, - year = 1985, - volume = 67, - pages = {179--187}, - number = 2, - month = May -} - -@PHDTHESIS{Valencia:2006, - author = {Valencia, Fabian}, - title = {Banks' Financial Structure and Business Cycles}, - school = {Johns Hopkins University}, - year = 2006, - month = {October}, - abstract = { } -} - -@BOOK{veblen:leisureclass, - title = {The Theory of the Leisure Class}, - publisher = {The Modern Library}, - year = 1899, - author = {Veblen, T.}, - address = {New York} -} - -@ARTICLE{velculescuHabits, - author = {Velculescu, Delia}, - title = {Consumption Habits In An Overlapping-Generations - Model}, - journal = {Economics Letters}, - year = 2011, - note = {\url{http://dx.doi.org/10.1016/j.bbr.2011.03.031}}, - doi = {10.1016/j.bbr.2011.03.031}, - file = {velculescuHabits.pdf:velculescuHabits.pdf:PDF}, - publisher = {Elsevier}, - url = {http://dx.doi.org/10.1016/j.bbr.2011.03.031} -} - -@ARTICLE{viard:ptyslowdown, - author = {Viard, Alan}, - title = {The Productivity Slowdown and the Savings Shortfall: - {A} Challenge to the Permanent Income Hypothesis}, - journal = {Economic Inquiry}, - year = 1993, - volume = 31, - pages = {549--564} -} - -@ARTICLE{vis02, - author = {Annette {Vissing-J\o rgensen}}, - title = {Limited Asset Market Participation and the - Elasticity of Intertemporal Substitution}, - journal = {Journal of Political Economy}, - year = 2002, - volume = 110, - pages = {339--357}, - number = {825--53} -} - -@ARTICLE{wsmEarningsLosses, - author = {von Wachter, Till and Song, Jae and Manchester, - Joyce}, - title = {Long-Term Earnings Losses due to Mass Layoffs During - the 1982 Recession: An Analysis Using - U.S. Administrative Data from 1974 to 2004}, - journal = {Manuscript, Columbia University}, - year = 2009 -} - -@ARTICLE{Marshall:1891, - author = {Wagner, Alfred}, - title = {Principles of Economics}, - journal = {History of Economic Thought Articles}, - year = 1891, - volume = 5, - pages = {319--338} -} - -@BOOK{watts:smallworld, - title = {Small Worlds}, - publisher = {Princeton Univ Press}, - year = 1999, - author = {Watts, Duncan J.} -} - -@ARTICLE{weber:ruleOfThumb, - author = {Weber, Christian E.}, - title = {Intertemporal Non-Separability and `Rule-Of-Thumb' - Consumption}, - journal = {Journal of Monetary Economics}, - year = 2002, - volume = 49, - pages = {293--308} -} - -@BOOK{weber:capitalism, - title = {The Protestant Ethic and the Spirit of Capitalism}, - publisher = {Charles Scribner and Sons}, - year = 1905, - author = {Weber, Max M.}, - address = {New York} -} - -@BOOK{weibull:evolutionary, - title = {Evolutionary Game Theory}, - publisher = {MIT Press}, - year = 1995, - author = {Weibull, J{\"}orgen}, - address = {New York} -} - -@ARTICLE{weilSamuelson, - author = {Weil, Philippe}, - title = {Overlapping Generations: The First Jubilee}, - journal = {Journal of Economic Perspectives}, - year = 2008, - volume = 22, - pages = {115--34}, - number = 4, - month = {Fall}, - bdsk-url-1 = - {http://ideas.repec.org/a/aea/jecper/v22y2008i4p115-34.html}, - url = - {http://ideas.repec.org/a/aea/jecper/v22y2008i4p115-34.html} -} - -@ARTICLE{wkTaylor, - author = {Weise, Charles L. and Krisch, David}, - title = {The Monetary Response to Changes in Credit Spreads}, - journal = {Paper Presented at the Eastern Economic Meetings, - March 1 2009}, - year = 2009, - note = {Corresponding Author: Charles Weise, - \texttt{weise@gettysburg.edu}} -} - -@INCOLLECTION{weiss:survey, - author = {Weiss, Y.}, - title = {The Determinants of Lifecycle Earnings: A Survey}, - booktitle = {HandBOOK of Labor Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1986, - editor = {{Orley Ashenfelter} and {Richard Layard}}, - address = {New York} -} - -@ARTICLE{wenChinaSaving, - author = {Wen, Yi}, - title = {Saving and Growth Under Borrowing Constraints: - Explaining the 'High Saving Rate'Puzzle}, - journal = {FRB of St. Louis Working Paper No 2009-45}, - year = 2009 -} - -@TECHREPORT{westlingSize, - author = {Westling, Tatu}, - title = {Male Organ And Economic Growth: Does Size Matter?}, - institution = {University Library of Munich, Germany}, - year = 2011, - type = {MPRA Paper}, - number = 32302, - month = Jul, - abstract = {No abstract is available for this item.}, - keywords = {Economic growth; Total factor productivity; Adult - mortality; Longevity; Knowledge transmission; }, - url = {http://ideas.repec.org/p/pra/mprapa/32302.html} -} - -@ARTICLE{white:whydont, - author = {White, Michelle}, - title = {Why Don't More Households File for Bankruptcy?}, - journal = {University of Michigan Working Paper}, - year = 1998, - volume = {98-3} -} - -@ARTICLE{white:whyitpays, - author = {White, Michelle}, - title = {Why It Pays to File For Bankruptcy: A Critical Look - at Incentives Under U.S. Bankruptcy Laws and a - Proposal for Change}, - journal = {University of Michigan Working Paper}, - year = 1998, - volume = {98-2} -} - -@ARTICLE{wil92, - author = {David W. Wilcox}, - title = {The Construction of the U.S. Consumption Data: Some - Facts and Their Implications for Empirical Research}, - journal = {American Economic Review}, - year = 1992, - volume = 82, - pages = {922--941}, - number = 4 -} - -@ARTICLE{wilhelm:bequest, - author = {Wilhelm, Mark O.}, - title = {Bequest Behavior and the Effect of Heirs' Earnings: - Testing the Altruistic Model of Bequests}, - journal = {American Economic Review}, - year = 1996, - volume = 86, - pages = {874--982}, - number = 4 -} - -@INCOLLECTION{willis:survey, - author = {Willis, ~R.~J.}, - title = {Wage Determinants: A Survey and Reinterpretation of - Human Capital Earnings Functions}, - booktitle = {Handbook of Labor Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1986, - editor = {{Orley Ashenfelter} and {Richard Layard}}, - address = {New York} -} - -@INCOLLECTION{woodfordImperfect, -title = {Imperfect Common Knowledge and the Effects of Monetary Policy}, -author = {Woodford, Michael}, -abstract = {This paper reconsiders the Phelps-Lucas hypothesis, according to which temporary real effects of purely nominal disturbances result from imperfect information, but departs from the assumptions of Lucas (1973) in two crucial respects. Due to monopolistically competitive pricing, higher-order expectations are crucial for aggregate inflation dynamics, as argued by Phelps (1983). And decisionmakers' subjective perceptions of current conditions are assumed to be of imperfect precision, owing to finite information processing capacity, as argued by Sims (2001). The model can explain highly persistent real effects of a monetary disturbance, and a delayed effect on inflation, as found in VAR studies.}, - url = {http://EconPapers.repec.org/RePEc:nbr:nberwo:8673}, - booktitle = {Knowledge, Information and Expectations in Modern Macroeconomics}, - publisher = {Princeton University Press}, - address = {Princeton}, - year = 2002, - editor = {Aghion, P. and R. Frydman and J. Stiglitz and M. Woodford}, -} - -@ARTICLE{woodford:imperfectNBERWP, - author = {Woodford, Michael}, - title = {Imperfect Common Knowledge and the Effects of - Monetary Policy}, - journal = {NBER Working Paper Number 8673}, - url = {http://EconPapers.repec.org/RePEc:nbr:nberwo:8673}, - year = 2001 -} - -@comment{wor60Old} -@comment{working:timeaggOld} -@ARTICLE{workingTimeAgg, - author = {Holbrook Working}, - title = {Note on the Correlation of First Differences of - Averages in a Random Chain}, - journal = {Econometrica}, - year = 1960, - volume = 28, - pages = {916--918}, - number = 4 -} - -@ARTICLE{wrightInterestElasticity, - author = {Wright, Colin}, - title = {Some Evidence on the Interest Elasticity of - Consumption}, - journal = {The American Economic Review}, - year = 1967, - volume = 57, - pages = {pp.850--855}, - number = 4, - copyright = {Copyright © 1967 American Economic Association}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={Sep., 1967}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/1815373} -} - -@ARTICLE{young:obstacle, - author = {Young, Eric}, - title = {An Obstacle Course for the Krusell-Smith Algorithm}, - journal = {Manuscript, Florida State University}, - year = 2002 -} - -@ARTICLE{young, - author = {Young, Eric R.}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty Using the Krusell-Smith Algorithm and - Non-Stochastic Simulations}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {36--41}, - number = 1, - month = {January} -} - -@BOOK{young:learning, - title = {Learning and Evolution in Games}, - publisher = {Princeton University Press}, - year = 1997, - author = {Young, H. Peyton} -} - -@PHDTHESIS{yuen:opttax, - author = {Yuen, C.}, - title = {Taxation, Human Capital Accumulation and Economic - Growth}, - school = {University of Chicago}, - year = 1991 -} - -@ARTICLE{zandiFiscal, - author = {Zandi, Mark}, - title = {Perspectives on the Economy}, - journal = {Testimony before the House Budget Committee, July 1}, - year = 2010 -} - -@ARTICLE{zeldes_jpe89, - author = {Stephen P. Zeldes}, - title = {Consumption and Liquidity Constraints: An Empirical - Investigation}, - journal = {The Journal of Political Economy}, - year = 1989, - volume = 97, - pages = {275--298}, - number = 2, - note = - {\url{http://userwww.service.emory.edu/~skrause/E511/Zeldes-1989.pdf}}, - url = - {http://userwww.service.emory.edu/~skrause/E511/Zeldes-1989.pdf} -} - -@Article{zeldes:jpe, - Title = {Consumption and Liquidity Constraints: An Empirical - Investigation}, - Author = {Zeldes, Stephen P.}, - Journal = {Journal of Political Economy}, - Year = 1989, - Note = {Available at - {\url{http://www.jstor.org/stable/1831315}}}, - Pages = {305--46}, - Volume = 97, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1831315} -} - -@PHDTHESIS{zeldes:thesis, - author = {Zeldes, Stephen P.}, - title = {Optimal Consumption with Stochastic Income}, - school = {Massachusetts Institute of Technology}, - year = 1984 -} - -@PHDTHESIS{zhang:thesis, - author = {Zhang, Lawrence Huiyan}, - title = {Essays on Business Cycles}, - school = {Johns Hopkins University}, - year = 2003 -} - -@PHDTHESIS{Zhou:2010, - author = {Zhou, Xia}, - title = {Essays On U.S. State-Level Financial Wealth Data and - Consumption Data}, - school = {Johns Hopkins University}, - year = 2010, - address = - {\href{http://jhir.library.jhu.edu/handle/1774.2/34267}{http://jhir.library.jhu.edu/handle/1774.2/34267}} -} - -@PHDTHESIS{Zhou:2006, - author = {Zhou, Xia}, - title = {Measuring Wealth Effects Using US State Data}, - school = {Johns Hopkins University}, - year = 2006, - address = - {\href{http://econ.jhu.edu/people/ZhouX/JobMarketPaperZhouX.pdf}{http://econ.jhu.edu/people/ZhouX/JobMarketPaperZhouX.pdf}} -} - -@ARTICLE{zcWandCdynByState, - author = {Zhou, Xia and Carroll, Christopher D.}, - title = {Dynamics of Wealth and Consumption: New and Improved - Measures of U.S.\ States}, - journal = {Berkeley Electronic Journals of Macroeconomics, - Advances}, - year = 2011, - volume = {Forthcoming, 2011}, - authors = {Zhou, Xia and Christopher D. Carroll} -} - -@TECHREPORT{Zhu:2007, - author = {Zhu, Xiaodi}, - title = {Growing Wealth, Inequality, and Housing in the - United States}, - institution = {Joint Center for Housing Studies, Harvard - University}, - year = 2007, - type = {Working Paper}, - number = {W07-1}, - month = {February} -} - -@PHDTHESIS{zhu:opttax, - author = {Zhu, X.}, - title = {Optimal Fiscal Policy in a Stochastic Growth Model}, - school = {University of Chicago}, - year = 1991 -} - -@ARTICLE{zou:spirit, - author = {Zou, Heng-Fu}, - title = {The 'Spirit of Capitalism' and Long-Run Growth}, - journal = {European Journal of Political Economy}, - year = 1994, - volume = 10, - pages = {279--93}, - number = 2 -} - -@BOOK{auerbach&feldstein:handbook, - title = {Handbook of Public Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1985, - editor = {{Auerbach, Alan J.} and {Martin S. Feldstein}}, - address = {New York} -} - -@INCOLLECTION{cdSsNBERReporter, - booktitle = {NBER Macroeconomics Annual, 1997}, - publisher = {MIT Press}, - year = 1997, - editor = {Bernanke, Benjamin S. and Rotemberg, Julio J.}, - pages = {165--229}, - address = {Cambridge, MA} -} - -@INCOLLECTION{carroll:epidemicinflSFINBERReporter, - title = {The {E}pidemiology of {M}acroeconomic - {E}xpectations}, - booktitle = {The Economy as an Evolving Complex System, III}, - publisher = {Oxford University Press}, - year = 2006, - editor = {Blume, Larry and Durlauf, Steven} -} - -@BOOK{Gam90, - title = {Analysis {I}{I}: {Convex} {Analysis} and - {Approximation} {Theory}}, - publisher = {Springer-Verlag}, - year = 1990, - editor = {R. V. Gamkerlidze}, - volume = 14, - series = {Encyclopaedia of Mathematical Sciences}, - address = {New York} -} - -@BOOK{ghj:portfolios, - title = {Household Portfolios}, - publisher = {MIT Press}, - year = 2002, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, - Tullio}, - address = {Cambridge, MA} -} - -@BOOK{hlmk04, - title = {Applied Time Series Econometrics}, - publisher = {Cambridge University Press}, - year = 2004, - editor = {L{\"}utkepohl, Helmut and Kr{\"}atzig, Markus}, - address = {Cambridge} -} - -@BOOK{pechman:whopaid, - title = {Who Paid the Taxes, 1966-85?}, - publisher = {The Brookings Institution}, - year = 1985, - editor = {Pechman, Joseph A.}, - address = {Washington} -} - -@BOOK{poterba:international, - title = {International Comparisons of Household Saving}, - publisher = {National Bureau of Economic Research}, - year = 1994, - editor = {Poterba, James M.}, - address = {Chicago and London: University of Chicago Press} -} - -% Version for CV -@article{carroll:reviewworldbank, - doi = {10.2307/2565371}, - ISSN = {00220515}, - URL = {http://www.jstor.org/stable/2565371}, - journal = {Journal of Economic Literature}, - number = {1}, - pages = {131--132}, - publisher = {American Economic Association}, - author = {Klaus Schmidt-Hebbel and Luis Serven}, - volume = {38}, - year = {2000}, - title = {The Economics of Saving and Growth: Theory, - Evidence, and Implications for Policy}, - note = {Book Review} -} - - -@article{carroll:reviewworldbankOld, - title = {The Economics of Saving and Growth: Theory, - Evidence, and Implications for Policy}, - publisher = {Cambridge University Press for the World Bank}, - year = 2000, - editor = {Schmidt-Hebbel, Klaus and Serv{\'e}n, Luis}, - note = {Book Review, \emph{Journal of Economic Literature}} -} - - -@article{10.2307/2565371, - ISSN = {00220515}, - URL = {http://www.jstor.org/stable/2565371}, - author = {Christopher D. Carroll}, - journal = {Journal of Economic Literature}, - number = {1}, - pages = {131--132}, - publisher = {American Economic Association}, - reviewed-author = {Klaus Schmidt-Hebbel and Luis Serven}, - volume = {38}, - year = {2000} -} - -@INCOLLECTION{carroll:richsaveNBERReporter, - booktitle = {{D}oes {A}tlas {S}hrug? {T}he {E}conomic - {C}onsequences of {T}axing the {R}ich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.} -} - -@BOOK{slemrod:atlasshrug, - title = {Historical Perspectives on U.S. Tax Policy Toward - the Rich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.}, - booktitle = {Does Atlas Shrug? The Economic Consequences of - Taxing the Rich} -} - -@HEADER{bibpub, - note = {\centerline{\Large Published}} -} - -@HEADER{bibspace, - note = {\medskip\medskip\medskip} -} - -@HEADER{bibunpub, - note = {\centerline{\Large Unpublished}} -} - -@ARTICLE{francisCapitalist, - title = {Wealth and the Capitalist Spirit}, - journal = {Journal of Macroeconomics}, - volume = 31, - pages = {394--408}, - number = 3, - file = {francisCapitalist.pdf:francisCapitalist.pdf:PDF} -} - -MISCNOYEAR{publishedAndForthcoming, - note = {{\bf \Large Published or Forthcoming}}, -} - -MISCNOYEAR{unpublished, - note = {{\bf \Large Unpublished }} -} - -@MISC{noBookChapters20090701to20110630, - title = {No new book chapters}, - year = {2009-07-01 to 2011-06-30}, - author = {Carroll, Christopher D.} -} - -@TECHREPORT{wolframNumIntegration, - title = {Advanced Numerical Integration in {\it Mathematica}}, - year = 2011, - month = {October}, - note = - {\url{http://www.wolfram.com/learningcenter/tutorialcollection/AdvancedNumericalIntegrationInMathematica/AdvancedNumericalIntegrationInMathematica.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/wolframNumIntegration.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/wolframNumIntegration.pdf:PDF}, - journal = {Wolfram {\it Mathematica} Tutorial Collection}, - url = - {http://www.wolfram.com/learningcenter/tutorialcollection/AdvancedNumericalIntegrationInMathematica/AdvancedNumericalIntegrationInMathematica.pdf} -} - -@ARTICLE{varianRepublicansAndReturns, - title = {Which Party in the White House Means Good Times for - Investors?}, - journal = {New York Times}, - year = 2003, - volume = {November 20}, - bdsk-url-1 = - {http://people.ischool.berkeley.edu/~hal/people/hal/NYTimes/2003-11-20.html}, - url = - {http://people.ischool.berkeley.edu/~hal/people/hal/NYTimes/2003-11-20.html} -} - -@ARTICLE{bea02, - title = {Updated Summary NIPA Methodologies}, - journal = {Survey of Current Business}, - year = 2002, - key = {Bureau of Economic Analysis} -} - -@INCOLLECTION{carroll:richportfoliosNBERReporter, - booktitle = {Household Portfolios: Theory and Evidence}, - publisher = {MIT Press}, - year = 2002, - address = {Cambridge, MA} -} - -@ARTICLE{carroll:RiskyHabitsNBERReporter, - journal = {International Economic Journal}, - year = 2000, - volume = 14, - pages = {1--41}, - number = 4 -} - -@ARTICLE{crr:censusNBERReporter, - journal = {Economic Development and Cultural Change}, - year = 1999, - volume = 48, - pages = {33--50}, - number = 1, - month = {October} -} - -@ARTICLE{sc99, - title = {Data File Documentation}, - journal = {Survey Research Center}, - year = 1999, - address = {Ann Arbor, MI}, - key = {Survey of Consumers}, - url = {http://www.sca.isr.umich.edu/} -} - -@ARTICLE{carroll&samwick:howbigNBERReporter, - journal = {Review of Economics and Statistics}, - year = 1998, - volume = 80, - pages = {410--419}, - number = 3, - month = {August} -} - -@ARTICLE{carroll:bslcpihNBERReporter, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = {CXII}, - pages = {1--56}, - number = 1, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/BSLCPIH.zip}, - url = {https://www.econ2.jhu.edu/people/ccarroll/BSLCPIH.zip} -} - -@ARTICLE{carroll&weil:crcsNBERReporter, - journal = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - volume = 40, - pages = {133--192}, - month = {June} -} - -@Article{abiadEtAl_FinReforms, - author = {Abdul Abiad and Enrica Detragiache and Thierry Tressel}, - title = {A New Database of Financial Reforms}, - journal = {IMF Staff Papers}, - year = {2010}, - volume = {57}, - number = {2}, - pages = {281--302}, - month = {June}, -} - -@Article{cos11, - author = {Christopher D. Carroll and Misuzu Otsuka and Jiri Slacalek}, - title = {How Large Are Financial and Housing Wealth Effects? A New Approach}, - journal = {Journal of Money, Credit, and Banking}, - year = {2011}, - volume = {43}, - number = {1}, - pages = {55--79}, - month = {February}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cosWealthEffects/}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/cosWealthEffects.pdf}, - bdsk-url-2 = {http://dx.doi.org/10.1111/j.1538-4616.2010.00365.x}, - doi = {10.1111/j.1538-4616.2010.00365.x}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cosHousingWealth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cosHousingWealth.pdf:PDF}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/cosWealthEffects.pdf}, -} - -@Article{ctDiscrete, - author = {Carroll, Christopher D. and Toche, Patrick}, - title = {A Tractable Model of Buffer Stock Saving}, - journal = {NBER Working Paper Number 15265}, - year = {2009}, - month = {August}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/ctDiscrete}}, - status = {Revise and Resubmit, {\it The Economic Journal}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/ctDiscrete}, -} - -@Article{cjSOE, - author = {Carroll, Christopher D. and Jeanne, Olivier}, - title = {A Tractable Model of Precautionary Reserves, Net Foreign Assets, or Sovereign Wealth Funds}, - journal = {NBER Working Paper Number 15228}, - year = {2009}, - month = {August}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cjSOE}}, - status = {Not submitted}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/cjSOE.pdf}, -} - -@Article{carroll:atheoryjep, - author = {Carroll, Christopher D.}, - title = {A Theory of the Consumption Function, With and Without Liquidity Constraints}, - journal = {Journal of Economic Perspectives}, - year = {2001}, - volume = {15}, - number = {3}, - pages = {23-46}, - month = {Summer}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3JEP.pdf}}, - url = {\url{https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3JEP.pdf}}, -} - -@Article{kmpHandbook, - author = {Krueger, Dirk and Mitman, Kurt and Perri, Fabrizio}, - title = {Macroeconomics and Household Heterogeneity}, - journal = {Handbook of Macroeconomics}, - year = {2016}, - volume = {2}, - pages = {843--921}, - abstract = {The goal of this chapter is to study how, and by how - much, household income, wealth, and preference - heterogeneity amplify and propagate a macroeconomic - shock. We focus on the U.S. Great Recession of - 2007-2009 and proceed in two steps. First, using data - from the Panel Study of Income Dynamics, we document - the patterns of household income, consumption and - wealth inequality before and during the Great - Recession. We then investigate how households in - different segments of the wealth distribution were - affected by income declines, and how they changed - their expenditures differentially during the - aggregate downturn. Motivated by this evidence, we - study several variants of a standard heterogeneous - household model with aggregate shocks and an - endogenous cross-sectional wealth distribution. Our - key finding is that wealth inequality can - significantly amplify the impact of an aggregate - shock, and it does so if the distribution features a - sufficiently large fraction of households with very - little net worth that sharply increase their saving - (i.e. they are not hand-to mouth) as the recession - hits. We document that both these features are - observed in the PSID. We also investigate the role - that social insurance policies, such as unemployment - insurance, play in shaping the cross-sectional income - and wealth distribution, and through it, the dynamics - of business cycles.}, - doi = {10.3386/w22319}, - publisher = {Elsevier}, - url = {http://www.nber.org/papers/w22319}, -} - -@Article{modyEtAl_precSaving, - author = {Ashoka Mody and Franziska Ohnsorge and Damiano Sandri}, - title = {Precautionary Savings in the Great Recession}, - journal = {IMF Economic Review}, - year = {2012}, - volume = {60}, - number = {1}, - pages = {114--138}, - month = {April}, -} - -@Article{admmmCredit, - author = {Aron, Janine and John V. Duca and John Muellbauer and Keiko Murata and Anthony Murphy}, - title = {Credit, Housing Collateral, and Consumption: Evidence from Japan, the U.K., and the U.S.}, - journal = {Review of Income and Wealth}, - year = {2011}, - doi = {10.1111/j.1475-4991.2001.00466.x}, -} - -@Article{hallQuantifying, - author = {Hall, Robert E.}, - title = {Quantifying the Forces Leading to the Collapse of GDP after the Financial Crisis}, - journal = {Manuscript, Stanford University}, - year = {2012}, - month = {March}, -} - -@Article{dszRichSave, - author = {Dynan, Karen E. and Skinner, Jonathan and Zeldes, Stephen P.}, - title = {Do the Rich Save More?}, - journal = {Journal of Political Economy}, - year = {2004}, - volume = {112}, - number = {2}, - pages = {397--444}, - publisher = {JSTOR}, -} - -@Article{baker_policyUncertainty, - author = {Scott R. Baker and Nicholas Bloom and Steven J. Davis}, - title = {Measuring Economic Policy Uncertainty}, - journal = {The Quarterly Journal of Economics}, - year = {2016}, - volume = {131}, - number = {4}, - pages = {1593--1636}, - publisher = {Oxford University Press}, -} - -@Article{CBOSaving, - author = {{Congressional~Budget~Office}}, - title = {Assessing the Decline in National Saving Rate}, - journal = {Congressional Budget Office Reports}, - year = {1993}, - month = {April}, -} - -@Book{friedmanATheory, - title = {A Theory of the Consumption Function}, - publisher = {Princeton University Press}, - year = {1957}, - author = {Friedman, Milton A.}, -} - -@Article{carrollBSLCPIH, - author = {Carroll, Christopher D.}, - title = {Buffer Stock Saving and the Life Cycle/Permanent Income Hypothesis}, - journal = {Quarterly Journal of Economics}, - year = {1997}, - volume = {CXII}, - number = {1}, - pages = {1--56}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/BSLCPIH.zip}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/BSLCPIH.zip}, - file = {bib/bslcpih.pdf:bib/bslcpih.pdf:PDF}, - score = {40}, - url = {https://www.econ2.jhu.edu/people/ccarroll/BSLCPIH.zip}, -} - -@Article{gpLifeCycle, - author = {Gourinchas, Pierre-Olivier and Parker, Jonathan}, - title = {Consumption Over the Life Cycle}, - journal = {Econometrica}, - year = {2002}, - volume = {70}, - number = {1}, - pages = {47--89}, -} - -@Article{bewleyPIH, - author = {Bewley, Truman}, - title = {The Permanent Income Hypothesis: A Theoretical Formulation}, - journal = {Journal of Economic Theory}, - year = {1977}, - volume = {16}, - pages = {252--292}, -} - -@Article{seIncFluct, - author = {Schechtman, Jack and Escudero, Vera}, - title = {Some results on `An Income Fluctuation Problem'}, - journal = {Journal of Economic Theory}, - year = {1977}, - volume = {16}, - pages = {151--166}, -} - -@Article{macurdyTimeseries, - author = {MaCurdy, Thomas}, - title = {The Use of Time Series Processes to Model the Error Structure of Earnings in a Longitudinal Data Analysis}, - journal = {Journal of Econometrics}, - year = {1982}, - volume = {18}, - number = {1}, - pages = {83--114}, -} - -@Article{acCovariance, - author = {Abowd, John M. and Card, David}, - title = {On the Covariance Structure of Earnings and Hours Changes}, - journal = {Econometrica}, - year = {1989}, - volume = {57}, - pages = {411--445}, -} - -@Article{carroll&samwick:nature, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The {N}ature of {P}recautionary {W}ealth}, - journal = {Journal of Monetary Economics}, - year = {1997}, - volume = {40}, - number = {1}, - pages = {41--71}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/nature.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/nature.pdf}, -} - -@Article{csNature, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The {N}ature of {P}recautionary {W}ealth}, - journal = {Journal of Monetary Economics}, - year = {1997}, - volume = {40}, - number = {1}, - pages = {41--71}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/nature.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/nature.pdf}, -} - -@Article{jpCins, - author = {Jappelli, Tullio and Pistaferri, Luigi}, - title = {Intertemporal Choice and Consumption Mobility}, - journal = {Econometric Society World Congress 2000 Contributed Paper Number 0118}, - year = {2000}, - month = {August}, - bdsk-url-1 = {http://fmwww.bc.edu/RePEc/es2000/0118.pdf}, - url = {http://fmwww.bc.edu/RePEc/es2000/0118.pdf}, -} - -@Article{styConsumption, - author = {Storesletten, Kjetil and Telmer, Chris I. and Yaron, Amir}, - title = {Consumption and Risk Sharing Over the Life Cycle}, - journal = {Journal of Monetary Economics}, - year = {2004}, - volume = {51}, - number = {3}, - pages = {609--633}, - month = {Apr}, - bdsk-url-1 = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW-2/1/4934de112177c84dc55a3f37dbde0e16}, - biburl = {http://www.bibsonomy.org/bibtex/ 2eec5eb26c6514db248ef7956537b8aaa/smicha}, - keywords = {Risk sharing}, - url = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW- - 2/1/4934de112177c84dc55a3f37dbde0e16}, -} - -@Article{sty:consumption, - author = {Storesletten, Kjetil and Telmer, Chris I. and Yaron, Amir}, - title = {Consumption and Risk Sharing Over the Life Cycle}, - journal = {Journal of Monetary Economics}, - year = {2004}, - volume = {51}, - number = {3}, - pages = {609--633}, - month = {Apr}, - bdsk-url-1 = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW-2/1/4934de112177c84dc55a3f37dbde0e16}, - biburl = {http://www.bibsonomy.org/bibtex/ 2eec5eb26c6514db248ef7956537b8aaa/smicha}, - keywords = {Risk sharing}, - url = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW- - 2/1/4934de112177c84dc55a3f37dbde0e16}, -} - -@Article{blpRisk, - author = {Blundell, Richard and Low, Hamish and Preston, Ian}, - title = {Decomposing Changes in Income Risk Using Consumption Data}, - journal = {Manusscript, University College London}, - year = {2008}, - month = {July}, -} - -@Article{claridaErgodic, - author = {Clarida, Richard H.}, - title = {Consumption, Liquidity Constraints, and Asset Accumulation in the Face of Random Fluctuations in Income}, - journal = {International Economic Review}, - year = {1987}, - volume = {XXVIII}, - pages = {339--351}, -} - -@Article{tocheUrisk, - author = {Toche, Patrick}, - title = {A Tractable Model of Precautionary Saving in Continuous Time}, - journal = {Economics Letters}, - year = {2005}, - volume = {87}, - number = {2}, - pages = {267--272}, - note = {\url{http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267-272.html}}, - bdsk-url-1 = {http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267-272.html}, - url = {http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267- - 272.html}, -} - -@Article{toche:urisk, - author = {Toche, Patrick}, - title = {A Tractable Model of Precautionary Saving in Continuous Time}, - journal = {Economics Letters}, - year = {2005}, - volume = {87}, - number = {2}, - pages = {267--272}, - note = {\url{http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267-272.html}}, - bdsk-url-1 = {http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267-272.html}, - url = {http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267- - 272.html}, -} - -@Article{ramseySave, - author = {Ramsey, Frank}, - title = {A Mathematical Theory of Saving}, - journal = {Economic Journal}, - year = {1928}, - volume = {38}, - number = {152}, - pages = {543--559}, -} - -@Article{ckConcavity, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {On the {C}oncavity of the {C}onsumption {F}unction}, - journal = {Econometrica}, - year = {1996}, - volume = {64}, - number = {4}, - pages = {981--992}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}, - score = {10}, - url = {https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}, -} - -@Article{jboydWeighted, - author = {Boyd, John H.}, - title = {Recursive Utility and the Ramsey Problem}, - journal = {Journal of Economic Theory}, - year = {1990}, - volume = {50}, - number = {2}, - pages = {326--345}, - month = {April}, -} - -@Article{BSinKS, - author = {Carroll, Christopher D. and Slacalek, Jiri and Tokuoka, Kiichi}, - title = {Digestible Microfoundations: Buffer Stock Saving in a Krusell-Smith World}, - journal = {Manuscript, Johns Hopkins University}, - year = {2011}, - note = {At \href{https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}{https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}, -} - -@Article{hiraguchiBSProofs, - author = {Hiraguchi, Ryoji}, - title = {On the Convergence of Consumption Rules}, - journal = {Manuscript, Johns Hopkins University}, - year = {2003}, -} - -@Article{havranek:metaHabits, - author = {Havranek, Tomas and Rusnak, Marek and Sokolova, Anna}, - title = {Habit Formation in Consumption: A Meta-Analysis}, - journal = {European Economic Review}, - year = {2017}, - volume = {95}, - number = {C}, - pages = {142--167}, - doi = {10.1016/j.euroecorev.2017}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrsHabit.pdf}, - keywords = {Habit formation; Consumption; Meta-analysis; Bayesian model averaging; Frequentist model averaging}, - publisher = {Elsevier}, - url = {https://doi.org/10.1016/j.euroecorev.2017.03.009}, -} - -@Article{krusellSmith_heterogeneity_JPE98, - author = {Per Krusell and Anthony A. Smith}, - title = {Income and Wealth Heterogeneity in the Macroeconomy}, - journal = {Journal of Political Economy}, - year = {1998}, - volume = {106}, - number = {5}, - pages = {867--896}, - owner = {Jirka}, - timestamp = {2009.01.28}, -} - -@Article{ksHetero, - author = {Per Krusell and Anthony A. Smith}, - title = {Income and Wealth Heterogeneity in the Macroeconomy}, - journal = {Journal of Political Economy}, - year = {1998}, - volume = {106}, - number = {5}, - pages = {867--896}, - owner = {Jirka}, - timestamp = {2009.01.28}, -} - -@Article{JIE2001, - author = {Kalemli-Ozcan, Sebnem and Sorensen, Bent E. and Yosha, Oved}, - title = {{Economic integration, industrial specialization, and the asymmetry of macroeconomic fluctuations}}, - journal = {Journal of International Economics}, - year = {2001}, - volume = {55}, - number = {1}, - pages = {107-137}, - month = {October}, - abstract = {No abstract is available for this item.}, - url = {https://ideas.repec.org/a/eee/inecon/v55y2001i1p107-137.html}, -} - -@Article{REStat2008, - author = {María José Luengo-Prado and Bent E. S{\o}rensen}, - title = {{What Can Explain Excess Smoothness and Sensitivity of State-Level Consumption?}}, - journal = {The Review of Economics and Statistics}, - year = {2008}, - volume = {90}, - number = {1}, - pages = {65-80}, - month = {February}, - abstract = { This article estimates marginal propensities to consume (MPC) out of current and lagged income for U.S. states using panel data regressions that control for time-specific and state-level fixed effects. The MPCs vary across states; in particular, the MPC out of current income is higher in states where income is more persistent, and the MPC out of lagged income is lower in agricultural states. We show that the estimated MPCs can be matched by a model of forward-looking consumers that includes all of the following features: time aggregation, durable goods, impatience, credit constraints, and risk sharing. Copyright by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.}, - url = {https://ideas.repec.org/a/tpr/restat/v90y2008i1p65-80.html}, -} - -@Book{king2016alchemy, - title = {The end of alchemy : money, banking and the future of the global economy}, - publisher = {Little, Brown}, - year = {2016}, - author = {King, Mervyn A.}, - address = {London}, - isbn = {1408706105 9781408706107 9781408706114 1408706113}, - abstract = {The past twenty years saw unprecedented growth and stability followed by the worst financial crisis the industrialised world has ever witnessed. In the space of little more than a year what had been seen as the age of wisdom was viewed as the age of foolishness. Almost overnight, belief turned into incredulity. Most accounts of the recent crisis focus on the symptoms and not the underlying causes of what went wrong. But those events, vivid though they remain in our memories, comprised only the latest in a long series of financial crises since our present system of commerce became the cornerstone of modern capitalism. Alchemy explains why, ultimately, this was and remains a crisis not of banking – even if we need to reform the banking system – nor of policy-making – even if mistakes were made – but of ideas. In this refreshing and vitally important book, former governor of the Bank of England Mervyn King – an actor in this drama – proposes revolutionary new concepts to answer the central question: are money and banking a form of Alchemy or are they the Achilles heel of a modern capitalist economy? }, - added-at = {2016-04-16T15:51:52.000+0200}, - biburl = {https://www.bibsonomy.org/bibtex/25a003dea76d39a3f914183cffcf2b0b1/meneteqel}, - interhash = {8336b0a0bbd5b3719c6d70d75695e224}, - intrahash = {5a003dea76d39a3f914183cffcf2b0b1}, - keywords = {banking capitalism financial_crisis financial_market international_finance money}, - refid = {920656482}, - timestamp = {2017-01-08T22:08:08.000+0100}, - url = {http://books.wwnorton.com/books/The-End-of-Alchemy/}, -} - -@Article{psjmMPC2008, - author = {Parker, Jonathan A and Souleles, Nicholas S and Johnson, David S and McClelland, Robert}, - title = {Consumer spending and the economic stimulus payments of 2008}, - journal = {The American Economic Review}, - year = {2013}, - volume = {103}, - number = {6}, - pages = {2530--2553}, - month = {October}, - publisher = {American Economic Association}, -} - -@TechReport{gordonFutureGrowth, - author = {Robert J. Gordon}, - title = {Is U.S. Economic Growth Over? Faltering Innovation Confronts the Six Headwinds}, - institution = {National Bureau of Economic Research}, - year = {2012}, - type = {Working Paper}, - number = {18315}, - month = {August}, - abstract = {This paper raises basic questions about the process of economic growth. It questions the assumption, nearly universal since Solow's seminal contributions of the 1950s, that economic growth is a continuous process that will persist forever. There was virtually no growth before 1750, and thus there is no guarantee that growth will continue indefinitely. Rather, the paper suggests that the rapid progress made over the past 250 years could well turn out to be a unique episode in human history. The paper is only about the United States and views the future from 2007 while pretending that the financial crisis did not happen. Its point of departure is growth in per-capita real GDP in the frontier country since 1300, the U.K. until 1906 and the U.S. afterwards. Growth in this frontier gradually accelerated after 1750, reached a peak in the middle of the 20th century, and has been slowing down since. The paper is about "how much further could the frontier growth rate decline?" - -The analysis links periods of slow and rapid growth to the timing of the three industrial revolutions (IR's), that is, IR #1 (steam, railroads) from 1750 to 1830; IR #2 (electricity, internal combustion engine, running water, indoor toilets, communications, entertainment, chemicals, petroleum) from 1870 to 1900; and IR #3 (computers, the web, mobile phones) from 1960 to present. It provides evidence that IR #2 was more important than the others and was largely responsible for 80 years of relatively rapid productivity growth between 1890 and 1972. Once the spin-off inventions from IR #2 (airplanes, air conditioning, interstate highways) had run their course, productivity growth during 1972-96 was much slower than before. In contrast, IR #3 created only a short-lived growth revival between 1996 and 2004. Many of the original and spin-off inventions of IR #2 could happen only once - urbanization, transportation speed, the freedom of females from the drudgery of carrying tons of water per year, and the role of central heating and air conditioning in achieving a year-round constant temperature. - -Even if innovation were to continue into the future at the rate of the two decades before 2007, the U.S. faces six headwinds that are in the process of dragging long-term growth to half or less of the 1.9 percent annual rate experienced between 1860 and 2007. These include demography, education, inequality, globalization, energy/environment, and the overhang of consumer and government debt. A provocative "exercise in subtraction" suggests that future growth in consumption per capita for the bottom 99 percent of the income distribution could fall below 0.5 percent per year for an extended period of decades.}, - doi = {10.3386/w18315}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18315}, -} - -@TechReport{cstKS_ecbWP, - author = {Carroll, Christopher D. and Slacalek, Jiri and Tokuoka, Kiichi}, - title = {Buffer-Stock Saving in a Krusell--Smith World}, - institution = {European Central Bank}, - year = {2014}, - type = {working paper}, - number = {1633}, - owner = {akmaral}, - timestamp = {2014.02.02}, -} - -@Article{lmp:wagerisk, - author = {Low, Hamish and Meghir, Costas and Pistaferri, Luigi}, - title = {Wage Risk and Employment Over the Life Cycle}, - journal = {American Economic Review}, - year = {2010}, - volume = {100}, - number = {4}, - pages = {1432--1467}, -} - -@Article{kvH2M, - author = {Kaplan, Greg and Violante, Giovanni L}, - title = {A model of the consumption response to fiscal stimulus payments}, - journal = {Econometrica}, - year = {2014}, - volume = {82}, - number = {4}, - pages = {1199--1239}, - publisher = {Wiley Online Library}, -} - -@TechReport{hausmanVeteransBonus, - author = {Hausman, Joshua K.}, - title = {Fiscal Policy and Economic Recovery: The Case of the 1936 Veterans' Bonus}, - institution = {University of California, Berkeley}, - year = {2012}, - type = {mimeo}, -} - -@Article{jpCResponse, - author = {Tullio Jappelli and Luigi Pistaferri}, - title = {The Consumption Response to Income Changes}, - journal = {The Annual Review of Economics}, - year = {2010}, - volume = {2}, - number = {1}, - pages = {479--506}, - publisher = {Annual Reviews}, -} - -@Article{carroll:babyboomcomment, - author = {Engen, Eric and William Gale and Cori Uccello}, - title = {The Adequacy of Retirement Saving}, - journal = {Brookings Papers on Economic Activity}, - year = {1999}, - volume = {1999}, - number = {2}, - note = {Published Discussion}, -} - -@TechReport{otsuka:jobmarket, - author = {Otsuka, Misuzu}, - title = {Household Portfolio Choice with Illiquid Assets}, - institution = {Johns Hopkins University}, - year = {2003}, - type = {manuscript}, -} - -@Article{bpp2008, - author = {Richard Blundell and Luigi Pistaferri and Ian Preston}, - title = {Consumption inequality and partial insurance}, - journal = AER, - year = {2008}, - volume = {98}, - number = {5}, - pages = {1887-1921}, - month = {December}, -} - -@Article{mianRaoSufi_slump, - author = {Atif Mian and Kamalesh Rao and Amir Sufi}, - title = {Household Balance Sheets, Consumption, and the Economic Slump}, - journal = {Quarterly Journal of Economics}, - year = {2013}, - volume = {128}, - number = {4}, - pages = {1687--1726}, -} - -@Book{jlsMeasuring, - title = {Measuring Economic Sustainability And Progress}, - publisher = {NBER}, - year = {2014 (forthcoming)}, - author = {Jorgenson, Dale W and Landefeld, J Steven and Schreyer, Paul}, - booktitle = {Measuring Economic Sustainability and Progress}, -} - -@Article{deatonReconsideration, - author = {Deaton, Angus}, - title = {{A} {R}econsideration of the {E}mpirical {I}mplications of {A}dditive {P}references}, - journal = {The Economic Journal}, - year = {1974}, - volume = {84}, - number = {334}, - pages = {pp. 338-348}, - issn = {00130133}, - copyright = {Copyright © 1974 Royal Economic Society}, - file = {deatonReconsideration.pdf:deatonReconsideration.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 1974}, - language = {English}, - publisher = {Wiley on behalf of the Royal Economic Society}, - url = {http://www.jstor.org/stable/2231258}, -} - -@Article{dmAIDS, - author = {Deaton, Angus and Muellbauer, John}, - title = {{A}n {A}lmost {I}deal {D}emand {S}ystem}, - journal = {The American Economic Review}, - year = {1980}, - volume = {70}, - number = {3}, - pages = {pp. 312-326}, - issn = {00028282}, - note = {\url{http://www.jstor.org/stable/1805222}}, - comment = {Cite Stone (1954) as originating? Virtues: gives an - arbitrary first-order approximation to any demand - system; it satisfies the axioms of choice exactly; - it aggregates perfectly over consumers without - invoking parallel linear Engel curves; it has a - functional form which is consistent with known - household-budget data; it is simple to estimate, - largely avoiding the need for non-linear estimation; - and it can be used to test the restrictions of - homogeneity and symmetry through linear restrictions - on fixed parameters;``by proposing a demand system - which is superior to its predecessors, we hope to be - able to reveal more clearly the problems and - potential solutions associated with the usual - approach.'' the now standard rejection of homogeneity - in demand analysis may be due to insufficient - attention to the dynamic aspects of consumer - behavior. ``In this paper we have introduced a new - system of demand equations, the AIDS, in which the - budget shares of the various commodities are - linearly related to the logarithm of real total - expenditure and the logarithms of relative prices.''}, - copyright = {Copyright © 1980 American Economic Association}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dmAIDS.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dmAIDS.pdf:PDF;dmAIDS.pdf:dmAIDS.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 1980}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/1805222}, -} - -@Article{diZeroExpenditures, - author = {Deaton, Angus and Irish, Margaret}, - title = {{S}tatistical models for zero expenditures in household budgets}, - journal = {Journal of Public Economics}, - year = {1984}, - volume = {23}, - number = {1-2}, - pages = {59--80}, - file = {diZeroExpenditures.pdf:diZeroExpenditures.pdf:PDF}, - publisher = {Elsevier}, - url = {http://dx.doi.org/10.1016/0047-2727(84)90067-7}, -} - -@Article{bdiProfitable, - author = {Browning, Martin and Deaton, Angus and Irish, Margaret}, - title = {{A} {P}rofitable {A}pproach to {L}abor {S}upply and {C}ommodity {D}emands over the {L}ife-{C}ycle}, - journal = {Econometrica}, - year = {1985}, - volume = {53}, - number = {3}, - pages = {pp. 503-544}, - issn = {00129682}, - abstract = {The paper presents a general theoretical framework - for the analysis of integrated life-cycle models of - consumption and family labor supply under - uncertainty. Profit functions are used to represent - intertemporally additive preferences and to yield - convenient characterizations of ``constant marginal - utility of wealth'' or ``Frisch'' demand functions. - Conditions on preferences derived that allow - additive fixed-effect specifications for the Frisch - demands. Data from the British Family Expenditure - Surveys from 1970-77 are used to derive panel-like - information on male labor supply and consumption for - several age cohorts over time. These data reproduce - standard life-cycle patterns of hours and wages, but - more detailed analysis shows that the theory is - incapable of offering a satisfactory common - explanation of the behavior of hours and wages over - both the business cycle and the life cycle. - Similarly, although the theory can explain the - life-cycle behavior of hours and consumption - separately, the same model cannot explain both, - essentially because of a failure in symmetry.}, - copyright = {Copyright © 1985 The Econometric Society}, - file = {bdiProfitable.pdf:bdiProfitable.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {May, 1985}, - language = {English}, - publisher = {The Econometric Society}, - url = {http://www.jstor.org/stable/1911653}, -} - -@Article{bdTimeSeriesC, - author = {Blinder, Alan S. and Deaton, Angus S.}, - title = {{T}he {T}ime {S}eries {C}onsumption {F}unction {R}evisited}, - journal = {Brookings Papers on Economic Activity, 1985:2}, - year = {1985}, - pages = {465--521}, - file = {bdTimeSeriesC.pdf:bdTimeSeriesC.pdf:PDF}, - url = {http://www.jstor.org/stable/2534444}, -} - -@Article{deatonPanelFromCross, - author = {Angus Deaton}, - title = {{P}anel {D}ata from {T}ime {S}eries and {C}ross {S}ections}, - journal = {Journal of Econometrics}, - year = {1985}, - volume = {30}, - pages = {109--26}, - doi = {10.1016/0304-4076(85)90134-4}, - file = {deatonPanelFromCross.pdf:deatonPanelFromCross.pdf:PDF}, - url = {http://dx.doi.org/10.1016/0304-4076(85)90134-4}, -} - -@TechReport{deatonLifeCycle, - author = {Deaton, Angus}, - title = {{L}ife-cycle models of consumption: {I}s the evidence consistent with the theory?}, - year = {1987}, - abstract = {The paper considers avariety of evidence that casts - light on the validity of the life-cycle model of - consumer behavior. In the first part of the paper, - simple non-parametric tests are used to examine - representative agent models of consumption and labor - supply. It seems extremely unlikely that post-war - United States evidence can usefully be explained by - such a model, at least if the assumption of - intertemporal separability is maintained. Changes in - aggregate consumption bear little relationship to - after tax real interest rates, and consumption has - tended to grow even during periods of negative real - interest rates. Joint consideration of consumption - and labor supply does nothing to resolve the - problems that arise when consumption is taken by - itself. It is argued that these results cast doubt, - not onlife-cycle theory itself, but on the - representative agent assumption; there is little - reason to suppose that changes inaggregate - consumption should be related to the real - interestrate.The second part of the paper is - concerned with the time-series representation of - disposable income and with it simplications for the - behavior of consumption under the assumptions of the - life-cycle model. If real disposable income is truly - a first-order autoregressive process in first - differences,a process that fits the data well and is - becoming increasing popular in the macro time-series - literature,then the life-cycle model implies that - changes in consumption should be more variable than - innovations in income, a prediction that is - manifestly false. Various possible resolutions of - this problem are reviewed, including habit formation - and alternative representations of disposable - income. The paper concludes with some evidence on - the excess sensitivity question, why it is that - consumption responds to anticipated changes in - income. Monte Carlo evidence supports the suggestion - made by Mankiw and Shapiro that the presence of time - trends can cause severe problems of inference in - models containing variables with unit roots, but the - results makeit seem unlikely that this is the cause - of the widespread excess sensitivity findings.}, - file = {deatonLifeCycle.pdf:deatonLifeCycle.pdf:PDF}, - journal = {Advances in econometrics. 2}, - pages = {121}, - publisher = {Cambridge University Press}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w1910}, - volume = {2}, -} - -@Article{cdSmooth, - author = {Campbell, John and Deaton, Angus}, - title = {{W}hy is {C}onsumption {S}o {S}mooth?}, - journal = {The Review of Economic Studies}, - year = {1989}, - volume = {56}, - number = {3}, - pages = {357--373}, - month = {jul}, - issn = {0034-6527}, - note = {\url{http://www.jstor.org/stable/2297552}}, - abstract = {For thirty years it has been accepted that - consumption is smooth because permanent income is - smoother than measured income. This paper considers - the evidence for the contrary position, that - permanent income is in fact less smooth than - measured income, so that the smoothness of - consumption cannot be straightforwardly explained by - permanent income theory. The paper argues that in - postwar U.S. quarterly data, consumption is smooth - because it responds with a lag to changes in - income.}, - bdsk-url-1 = {http://links.jstor.org/sici?sici=0034-6527%28198907%2956%3A3%3C357%3AWICSS%3E2.0.CO%3B2-V}, - copyright = {Copyright 1989 The Review of Economic Studies Ltd.}, - date-modified = {2011-10-14 19:47:51 -0400}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cdSmooth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cdSmooth.pdf:PDF;cdSmooth.pdf:cdSmooth.pdf:PDF}, - jstor_articletype = {Full Length Article}, - jstor_date = {198907}, - jstor_formatteddate = {Jul., 1989}, - publisher = {The Review of Economic Studies Ltd.}, - url = {http://www.jstor.org/stable/2297552}, -} - -@Article{deatonLDCs, - author = {Deaton, Angus}, - title = {{H}ousehold {S}aving in {LDC}s: {C}redit {M}arkets, {I}nsurance and {W}elfare}, - journal = {The Scandinavian Journal of Economics}, - year = {1992}, - volume = {94}, - number = {2}, - pages = {pp. 253-273}, - issn = {03470520}, - abstract = {Some ways in which farmers in LDCs can protect their - living standards against fluctuations in income are - discussed. After considering the theory of - consumption under uncertainty when there is no or - limited borrowing, the case where some borrowing is - allowed is also examined. Empirical evidence from - some LDCs is used to look at (i) household borrowing - and lending, their importance and timing, and their - role in smoothing consumption, and (ii) the - life-cycle behavior of consumption and income. The - results suggest that ``hump'' life-cycle saving is not - likely to be a very important generator of wealth in - LDCs and provide further evidence on the limited - role of credit markets.}, - copyright = {Copyright © 1992 The Scandinavian Journal of Economics}, - file = {deatonLDCs.pdf:deatonLDCs.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 1992}, - jstor_issuetitle = {Proceedings of a Conference on Savings Behavior: Theory, International Evidence and Policy Implications}, - language = {English}, - publisher = {Wiley on behalf of The Scandinavian Journal of Economics}, - url = {http://www.jstor.org/stable/3440451}, -} - -@Article{dlCommodity, - author = {Deaton, Angus and Laroque, Guy}, - title = {{O}n the {B}ehaviour of {C}ommodity {P}rices}, - journal = {The Review of Economic Studies}, - year = {1992}, - volume = {59}, - number = {1}, - pages = {1-23}, - note = {\url{http://restud.oxfordjournals.org/content/59/1/1.abstract}}, - abstract = {This paper applies the standard rational - expectations competitive storage model to the study - of thirteen commodities. It explains the skewness, - and the existence of rare but violent explosions in - prices, coupled with a high degree of price - autocorrelation in more normal times. A central - feature of the model is the explicit recognition of - the fact that it is impossible for the market as a - whole to carry negative inventories, and this - introduces an essential non-linearity which carries - through into non-linearity of the predicted - commodity price series. For most of the thirteen - commodity prices, the behaviour of prices from one - year to the next conforms to the predictions of the - theory about conditional expectations and - conditional variances. However, given the - non-linearity both of the model and of the actual - prices, such conformity is not enough to ensure that - the theory yields a complete account of the data. In - particular, the analysis does not yield a fully - satisfactory explanation for the high - autocorrelation observed in the data.}, - doi = {10.2307/2297923}, - eprint = {http://restud.oxfordjournals.org/content/59/1/1.full.pdf+html}, - file = {dlCommodity.pdf:dlCommodity.pdf:PDF}, - url = {http://restud.oxfordjournals.org/content/59/1/1.abstract}, -} - -@Article{dpInequality, - author = {Deaton, Angus and Paxson, Christina}, - title = {{I}ntertemporal {C}hoice and {I}nequality}, - journal = {Journal of Political Economy}, - year = {1994}, - volume = {102}, - number = {3}, - pages = {pp. 437-467}, - issn = {00223808}, - abstract = {The permanent income hypothesis implies that, for - any cohort of people born at the same time, - inequality in both consumption and income should - grow with age. We investigate this prediction using - cohort data constructed from 11 years of household - survey data from the United States, 22 years from - Great Britain, and 14 years from Taiwan. The data - show that within-cohort consumption and income - inequality measures do indeed increase with age in - the three economies and that the rate of increase is - similar in all three. According to the permanent - income hypothesis, the increase in inequality - reflects cumulative differences in the effects of - luck on consumption. Other models of intertemporal - choice--such as those with strong precautionary - motives or liquidity constraints--can limit or even - prevent the spread of inequality, as can insurance - arrangements that share risk across individuals. The - evidence on the spread of inequality can therefore - be used to help quantify the extent to which private - and social arrangements moderate the impact of risk - on the distribution of individual welfare.}, - copyright = {Copyright © 1994 The University of Chicago Press}, - file = {dpInequality.pdf:dpInequality.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 1994}, - language = {English}, - publisher = {The University of Chicago Press}, - url = {http://www.jstor.org/stable/2138618}, -} - -@InCollection{dpTaiwan, - author = {Deaton, Angus S. and Christina H. Paxson}, - title = {{S}aving, {G}rowth, and {A}ging in {T}aiwan}, - booktitle = {Studies in the Economics of Aging}, - publisher = {University of Chicago Press}, - year = {1994}, - editor = {Wise, David A.}, - address = {Chicago}, - file = {dpTaiwan.pdf:dpTaiwan.pdf:PDF}, - url = {http://www.nber.org/chapters/c7349.pdf}, -} - -@Article{dpEffects, - author = {{Deaton, Angus S.} and {Christina H. Paxson}}, - title = {{T}he {E}ffects of {E}conomic and {P}opulation {G}rowth on {N}ational {S}aving and {I}nequality}, - journal = {Demography}, - year = {1997}, - volume = {34}, - number = {1}, - pages = {97--114}, - file = {dpEffects.pdf:dpEffects.pdf:PDF}, - url = {http://www.jstor.org/stable/2061662}, -} - -@Article{dpAgingAndInequality, - author = {Deaton, Angus S. and Paxson, Christina H.}, - title = {{A}ging and {I}nequality in {I}ncome and {H}ealth}, - journal = {The American Economic Review}, - year = {1998}, - volume = {88}, - number = {2}, - pages = {pp. 248-253}, - issn = {00028282}, - copyright = {Copyright © 1998 American Economic Association}, - file = {dpAgingAndInequality.pdf:dpAgingAndInequality.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {May, 1998}, - jstor_issuetitle = {Papers and Proceedings of the Hundred and Tenth Annual Meeting of the American Economic Association}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/116928}, -} - -@Article{deatonCommodityAfrica, - author = {Deaton, Angus}, - title = {{C}ommodity {P}rices and {G}rowth in {A}frica}, - journal = {The Journal of Economic Perspectives}, - year = {1999}, - volume = {13}, - number = {3}, - pages = {pp. 23-40}, - issn = {08953309}, - copyright = {Copyright © 1999 American Economic Association}, - file = {deatonCommodityAfrica.pdf:deatonCommodityAfrica.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Summer, 1999}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2646983}, -} - -@Book{deatonHH, - title = {{T}he {A}nalysis {O}f {H}ousehold {S}urveys: {A} {M}icroeconometric {A}pproach {T}o {D}evelopment {P}olicy}, - publisher = {Johns Hopkins Univ. Press}, - year = {2000}, - author = {Deaton, Angus S.}, - address = {Baltimore, MD}, - edition = {3. printing}, - isbn = {0801852544}, - biburl = {http://www.bibsonomy.org/bibtex/26f2f87784d59d86af8c471e5857865a0/fbw_hannover}, - url = {http://gso.gbv.de/DB=2.1/CMD?ACT=SRCHA&SRT=YOP&IKT=1016&TRM=ppn+485128217&sourceid=fbw_bibsonomy}, -} - -@Article{dpCohort, - author = {{Deaton, Angus S.} and {Christina H. Paxson}}, - title = {{S}aving and {G}rowth: {A}nother {L}ook at the {C}ohort {E}vidence}, - journal = {Manuscript, Princeton University}, - year = {1998}, - file = {dpCohort.pdf:dpCohort.pdf:PDF}, - url = {http://www.princeton.edu/rpds/papers/pdfs/deaton_paxson_saving_growth.pdf}, -} - -@Article{dpGrowthSaving, - author = {Deaton, Angus and Paxson, Christina}, - title = {{G}rowth and {S}aving {A}mong {I}ndividuals and {H}ouseholds}, - journal = {Review of Economics and Statistics}, - year = {2000}, - volume = {82}, - number = {2}, - pages = {212--25}, - file = {dpGrowthSaving.pdf:dpGrowthSaving.pdf:PDF}, - url = {http://www.princeton.edu/~deaton/downloads/Growth_and_Saving_Among_Individuals_and_Households.pdf}, -} - -@Article{dlHousingGrowth, - author = {Deaton, Angus and Laroque, Guy}, - title = {{H}ousing, {L}and {P}rices, and {G}rowth}, - journal = {Journal of Economic Growth}, - year = {2001}, - volume = {6}, - number = {2}, - pages = {pp. 87--105}, - issn = {13814338}, - abstract = {We consider the effects of land for housing on the - growth process within an overlapping generations - model. Our original interest was to enquire whether - the introduction of land into a growth model might - account for a ''virtuous'' circle in which saving-up - for land (or housing) generates growth and higher - land prices, generating further increases in saving, - and so on. Such an account is sometimes proposed for - high saving rates in East Asia, where mortgage - markets are limited or absent. Our analysis does not - support such a story. The user cost of land reduces - the resources available for consumption of - reproducible goods, so that the introduction of - intrinsically valuable land into a growth model - lowers the equilibrium stock of capital and raises - the equilibrium interest rate. On the asset side, - the presence of land causes life-cycle savings to be - reallocated away from productive capital towards - land. The social optimum in such a model is for land - to be nationalized and provided at zero rent. Land - markets, far from generating saving and growth, are - inimical to capital formation.}, - copyright = {Copyright © 2001 Springer}, - file = {dlHousingGrowth.pdf:dlHousingGrowth.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 2001}, - language = {English}, - publisher = {Springer}, - url = {http://www.jstor.org/stable/40215868}, -} - -@Article{deatonHealthInequality, - author = {Deaton, Angus}, - title = {{H}ealth, {I}nequality, and {E}conomic {D}evelopment}, - journal = {The Journal of Economic Literature}, - year = {2003}, - volume = {41}, - number = {1}, - pages = {113--158}, - file = {deatonHealthInequality.pdf:deatonHealthInequality.pdf:PDF}, - url = {http://www.aeaweb.org/articles.php?doi=10.1257/002205103321544710}, -} - -@InCollection{dcBrokenDown, - author = {Case, Anne and Deaton, Angus S}, - title = {{B}roken down by work and sex: {H}ow our health declines}, - booktitle = {Analyses in the Economics of Aging}, - publisher = {University of Chicago Press}, - year = {2005}, - pages = {185--212}, - file = {dcBrokenDown.pdf:dcBrokenDown.pdf:PDF}, -} - -@Article{deatonMeasuringPoverty, - author = {Deaton, Angus}, - title = {{M}easuring {P}overty in a {G}rowing {W}orld ({O}r {M}easuring {G}rowth in a {P}oor {W}orld)}, - journal = {The Review of Economics and Statistics}, - year = {2005}, - volume = {87}, - number = {1}, - pages = {pp. 1-19}, - issn = {00346535}, - abstract = {The extent to which growth reduces global poverty - has been disputed for 30 years. Although there are - better data than ever before, controversies are not - resolved. A major problem is that consumption - measured from household surveys, which is used to - measure poverty, grows less rapidly than consumption - measured in national accounts, in the world as a - whole and in large countries, particularly India, - China, and the United States. In consequence, - measured poverty has fallen less rapidly than - appears warranted by measured growth in poor - countries. One plausible cause is that richer - households are less likely to participate in - surveys. But growth in the national accounts is also - upward biased, and consumption in the national - accounts contains large and rapidly growing items - that are not consumed by the poor and not included - in surveys. So it is possible for consumption of the - poor to grow less rapidly than national consumption, - without any increase in measured inequality. Current - statistical procedures in poor countries understate - the rate of global poverty reduction, and overstate - growth in the world.}, - copyright = {Copyright © 2005 The MIT Press}, - file = {deatonMeasuringPoverty.pdf:deatonMeasuringPoverty.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Feb., 2005}, - language = {English}, - publisher = {The MIT Press}, - url = {http://www.jstor.org/stable/40042916}, -} - -@Article{cdlMortality, - author = {Cutler, David and Deaton, Angus and Lleras-Muney, Adriana}, - title = {{T}he {D}eterminants of {M}ortality}, - journal = {The Journal of Economic Perspectives}, - year = {2006}, - volume = {20}, - number = {3}, - pages = {97-120}, - abstract = {The pleasures of life are worth nothing if one is - not alive to experience them. Through the twentieth - century in the United States and other high-income - countries, growth in real incomes was accompanied by - a historically unprecedented decline in mortality - rates that caused life expectancy at birth to grow - by nearly 30 years. In the years just after World - War II, life expectancy gaps between countries were - falling across the world. Poor countries enjoyed - rapid increases in life-expectancy through the - 1970s, with the gains in some cases exceeding an - additional year of life expectancy per year, though - the HIV/AIDS epidemic and the transition in Russia - and Eastern Europe have changed that situation. We - investigate the determinants of the historical - decline in mortality, of differences in mortality - across countries, and of differences in mortality - across groups within countries. A good theory of - mortality should explain all of the facts we - will outline. No such theory exists at present, but - at the end of the paper we will sketch a tentative - synthesis.}, - doi = {10.1257/089533006780387634}, - file = {cdlMortality.pdf:cdlMortality.pdf:PDF}, - url = {http://www.ingentaconnect.com/content/aea/jep/2006/00000020/00000003/art00005}, -} - -@Article{deatonHuman, - author = {Deaton, Angus S}, - title = {{A}re economists human?}, - journal = {The Lancet}, - year = {2009}, - volume = {374}, - number = {9701}, - pages = {1585--1586}, - file = {deatonHuman.pdf:deatonHuman.pdf:PDF}, - publisher = {Elsevier}, - url = {http://www.lancet.com/journals/lancet/article/PIIS0140-6736(09)61936-X}, -} - -@Article{deatonInstruments, - author = {Deaton, Angus}, - title = {{I}nstruments, {R}andomization, and {L}earning about {D}evelopment}, - journal = {Journal of Economic Literature}, - year = {2010}, - volume = {48}, - number = {2}, - pages = {pp. 424-455}, - issn = {00220515}, - abstract = {There is currently much debate about the - effectiveness of foreign aid and about what kind of - projects can engender economic development. There - is skepticism about the ability of econometric - analysis to resolve these issues or of development - agencies to learn from their own experience. In - response, there is increasing use in development - economics of randomized controlled trials (RCTs) to - accumulate credible knowledge of what works, without - overreliance on questionable theory or statistical - methods. When RCTs are not possible, the proponents - of these methods advocate quasirandomization through - instrumental variable (IV) techniques or natural - experiments. I argue that many of these applications - are unlikely to recover quantities that are useful - for policy or understanding: two key issues are the - misunderstanding of exogeneity and the handling of - heterogeneity. I illustrate from the literature on - aid and growth. Actual randomization faces similar - problems as does quasi-randomization, - notwithstanding rhetoric to the contrary. I argue - that experiments have no special ability to produce - more credible knowledge than other methods, and that - actual experiments are frequently subject to - practical problems that undermine any claims to - statistical or epistemic superiority. I illustrate - using prominent experiments in development and - elsewhere. As with IV methods, RCT-based evaluation - of projects, without guidance from an understanding - of underlying mechanisms, is unlikely to lead to - scientific progress in the understanding of economic - development. I welcome recent trends in development - experimentation away from the evaluation of projects - and toward the evaluation of theoretical - mechanisms.}, - copyright = {Copyright © 2010 American Economic Association}, - file = {deatonInstruments.pdf:deatonInstruments.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {JUNE 2010}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/20778731}, -} - -@Article{deatonMechanisms, - author = {Deaton, Angus}, - title = {{U}nderstanding the {M}echanisms of {E}conomic {D}evelopment}, - journal = {The Journal of Economic Perspectives}, - year = {2010}, - volume = {24}, - number = {3}, - pages = {3--16}, - file = {deatonMechanisms.pdf:deatonMechanisms.pdf:PDF}, - publisher = {American Economic Association}, - url = {http://www.aeaweb.org/articles.php?doi=10.1257/jep.24.3.3}, -} - -@Article{dkWellBeing, - author = {Kahneman, Daniel and Deaton, Angus}, - title = {{H}igh income improves evaluation of life but not emotional well-being}, - journal = {Proceedings of the National Academy of Sciences}, - year = {2010}, - volume = {107}, - number = {38}, - pages = {16489-16493}, - abstract = {Recent research has begun to distinguish two aspects - of subjective well-being. Emotional well-being - refers to the emotional quality of an individual's - everyday experience—the frequency and intensity of - experiences of joy, stress, sadness, anger, and - affection that make one's life pleasant or - unpleasant. Life evaluation refers to the thoughts - that people have about their life when they think - about it. We raise the question of whether money - buys happiness, separately for these two aspects of - well-being. We report an analysis of more than - 450,000 responses to the Gallup-Healthways - Well-Being Index, a daily survey of 1,000 US - residents conducted by the Gallup Organization. We - find that emotional well-being (measured by - questions about emotional experiences yesterday) and - life evaluation (measured by Cantril's - Self-Anchoring Scale) have different - correlates. Income and education are more closely - related to life evaluation, but health, care giving, - loneliness, and smoking are relatively stronger - predictors of daily emotions. When plotted against - log income, life evaluation rises - steadily. Emotional well-being also rises with log - income, but there is no further progress beyond an - annual income of \$75,000. Low income exacerbates - the emotional pain associated with such misfortunes - as divorce, ill health, and being alone. We conclude - that high income buys life satisfaction but not - happiness, and that low income is associated both - with low life evaluation and low emotional - well-being.}, - doi = {10.1073/pnas.1011492107}, - eprint = {http://www.pnas.org/content/107/38/16489.full.pdf+html}, - file = {dkWellBeing.pdf:dkWellBeing.pdf:PDF}, - url = {http://www.pnas.org/content/107/38/16489.abstract}, -} - -@Article{ssbdWellbeing, - author = {Stone, Arthur A and Schwartz, Joseph E and Broderick, Joan E and Deaton, Angus}, - title = {{A} {S}napshot {O}f {T}he {A}ge {D}istribution {O}f {P}sychological {W}ell-{B}eing {I}n {T}he {U}nited {S}tates}, - journal = {Proceedings of the National Academy of Sciences}, - year = {2010}, - volume = {107}, - number = {22}, - pages = {9985--9990}, - file = {ssbdWellbeing.pdf:ssbdWellbeing.pdf:PDF}, - publisher = {National Acad Sciences}, -} - -@Article{deatonHealthInjustice, - author = {Deaton, Angus}, - title = {{W}hat does the empirical evidence tell us about the injustice of health inequalities?}, - journal = {Available at SSRN 1746951}, - year = {2011}, - file = {deatonHealthInjustice.pdf:deatonHealthInjustice.pdf:PDF}, - url = {http://wws-roxen.princeton.edu/chwpapers/papers/What_does_the_empirical_evidence_tell_us_about_the_injustice.pdf}, -} - -@InCollection{deatonReligion, - author = {Deaton, Angus}, - title = {{A}ging, {R}eligion, and {H}ealth}, - booktitle = {Explorations in the Economics of Aging}, - publisher = {University of Chicago Press}, - year = {2011}, - pages = {237--262}, - file = {deatonReligion.pdf:deatonReligion.pdf:PDF}, - url = {http://www.nber.org/chapters/c11944.pdf}, -} - -@Article{deatonCrisis, - author = {Deaton, Angus}, - title = {{T}he financial crisis and the well-being of {A}mericans: 2011 {OEP} {H}icks {L}ecture}, - journal = {Oxford Economic Papers}, - year = {2012}, - volume = {64}, - number = {1}, - pages = {1-26}, - abstract = {I use daily data on self-reported well-being (SWB) - to examine how the Great Recession affected the - emotional and evaluative lives of the population. In - the fall of 2008 and lasting into the spring of - 2009, at the bottom of the stock market, Americans - reported sharp declines in their life evaluation, - sharp increases in worry and stress, and declines in - positive affect. By the end of 2010, in spite of - continuing high unemployment, these measures had - largely recovered. The SWB measures do a better job - of monitoring short-run levels of anxiety than the - medium-term evolution of the economy. Even very - large macroeconomic shocks will cause small and hard - to detect effects on SWB. Life evaluation questions - are extremely sensitive to question order - effects—asking political questions first reduces - reported life evaluation by an amount that dwarfs - the effects of even the worst of the crisis.}, - doi = {10.1093/oep/gpr051}, - eprint = {http://oep.oxfordjournals.org/content/64/1/1.full.pdf+html}, - file = {deatonCrisis.pdf:deatonCrisis.pdf:PDF}, - url = {http://oep.oxfordjournals.org/content/64/1/1.abstract}, -} - -@Article{dsHappiness, - author = {Deaton, Angus and Stone, Arthur A}, - title = {{T}wo {H}appiness {P}uzzles}, - journal = {American Economic Review Papers and Proceedings}, - year = {2013}, - file = {dsHappiness.pdf:dsHappiness.pdf:PDF}, -} - -@Article{agAssetReturns, - author = {Aiyagari, S. Rao and Gertler, Mark}, - title = {Asset Returns with Transactions Costs and Uninsured Individual Risk}, - journal = {Journal of Monetary Economics}, - year = {1990}, - pages = {311--331}, -} - -@TechReport{amCreditAndC, - author = {Aron, Janine and Muellbauer, John}, - title = {Housing Wealth, Credit Conditions and Consumption}, - institution = {Centre for the Study of African Economies, Oxford University}, - year = {2006}, - type = {working paper}, - number = {9}, - month = {June}, -} - -@Article{arrowGrowth, - author = {Arrow, Kenneth J.}, - title = {The Economic Implications of Learning by Doing}, - journal = {Review of Economic Studies}, - year = {1962}, - volume = {29}, - number = {3}, - pages = {155--173}, - month = {June}, - bdsk-url-1 = {http://links.jstor.org/sici?sici=0034-6527%28196206%2929%3A3%3C155%3ATEIOLB%3E2.0.CO%3B2-%23}, - citeulike-article-id = {681}, - keywords = {doing learning}, - url = {http://links.jstor.org/sici?sici=0034-6527%28196206%2929%3A3%3C155%3ATEIOLB%3E2.0.CO%3B2-%23}, -} - -@Article{Bacchetta1997, - author = {Philippe Bacchetta and Stefan Gerlach}, - title = {Consumption and Credit Constraints: International Evidence}, - journal = {Journal of Monetary Economics}, - year = {1997}, - volume = {40}, - pages = {207--238}, -} - -@Article{baiPanel, - author = {Bai, Jushan}, - title = {Estimating Cross-section Common Stochastic Trends in Nonstationary Panel Data}, - journal = {Journal of Econometrics}, - year = {2004}, - volume = {122}, - pages = {137--183}, -} - -@Article{baiFactors, - author = {Bai, Jushan}, - title = {Inferential Theory for Factor Models of Large Dimensions}, - journal = {Econometrica}, - year = {2003}, - volume = {71}, - pages = {135--171}, -} - -@Article{Bai2002, - author = {Jushan Bai and Serena Ng}, - title = {Determining the Number of Factors in Approximate Factor Models}, - journal = {Econometrica}, - year = {2002}, - volume = {70}, - pages = {191--221}, -} - -@InCollection{ball:sacrifice, - author = {Ball, Laurence}, - title = {What Determines the Sacrifice Ratio?}, - booktitle = {Monetary Policy}, - publisher = {University of Chicago Press}, - year = {1994)}, - editor = {Mankiw, N. Gregory}, - chapter = {5}, - address = {(Chicago:}, -} - -@Article{batchelorInflation, - author = {Ray Batchelor and A. Orr}, - title = {Inflation Expectations Revisited}, - journal = {Economica}, - year = {1988}, - volume = {55}, - pages = {17--31}, -} - -@Article{bkBootstrap, - author = {Jeremy Berkowitz and Lutz Kilian}, - title = {Recent Developments in Bootstrapping Time Series}, - journal = {Econometric Reviews}, - year = {2000}, - volume = {19}, - pages = {1--48}, -} - -@Article{bbDataRich, - author = {Bernanke, Ben and Boivin, Jean}, - title = {Monetary Policy in a Data-Rich Environment}, - journal = {Journal of Monetary Economics}, - year = {2003}, - volume = {50}, - pages = {525--546}, -} - -@TechReport{ber02, - author = {Carol Bertaut}, - title = {Equity Prices, Household Wealth, and Consumption Growth in Foreign Industrial Countries: Wealth Effects in the 1990s}, - institution = {Federal Reserve Board}, - year = {2002}, - type = {IFDP working paper}, - number = {724}, -} - -@Article{bnMoreBetter, - author = {Boivin, Jean and Ng, Serena}, - title = {Are More Data Always Better for Factor Analysis?}, - journal = {Journal of Econometrics}, - year = {2005}, - volume = ..., - pages = {...}, -} - -@Article{bxTayVsCay, - author = {Michael J. Brennan and Y. Xia}, - title = {Tay's as Good as Cay}, - journal = {Finance Research Letters}, - year = {2005}, - volume = {2}, - pages = {1--14}, - note = {\url{http://dx.doi.org/10.1016/j.frl.2004.10.001}}, - doi = {doi:10.1016/j.frl.2004.10.001}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bxTayVsCay.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bxTayVsCay.pdf:PDF}, - url = {http://dx.doi.org/10.1016/j.frl.2004.10.001}, -} - -@Article{browningCollado:AntIncChanges, - author = {Browning, Martin and Collado, M. Dolores}, - title = {The Response of Expenditures to Anticipated Income Changes: Panel Data Estimates}, - journal = {American Economic Review}, - year = {2001}, - volume = {91}, - number = {3}, - pages = {681--692}, - month = aug, -} - -@Article{bd03, - author = {Joseph P. Byrne and E. Phillip Davis}, - title = {Disaggregate Wealth and Aggregate Consumption: An Investigation of Empirical Relationships for the G7}, - journal = {Oxford Bulletin of Economics and Statistics}, - year = {2003}, - volume = {65}, - number = {2}, - pages = {197--220}, - month = {05}, -} - -@Article{cc07_microWealthE, - author = {John Y. Campbell and {Jo\~ao} F. Cocco}, - title = {How Do House Prices Affect Consumption? Evidence from Micro Data}, - journal = {Journal of Monetary Economics}, - year = {2007}, - volume = {54}, - number = {3}, - pages = {591--621}, - note = {forthcoming}, -} - -@Article{Carlson1975, - author = {J. Carlson and M. Parkin}, - title = {Inflation Expectations}, - journal = {Economica}, - year = {1975}, - volume = {42}, - pages = {123--137}, -} - -@Article{2PeriodLCModel, - author = {Carroll, Christopher D.}, - title = {The Random Walk Model of Consumption}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/2PeriodLCModel% .pdf}, - year = {2006}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/2PeriodLCModel.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/2PeriodLCModel.pdf}, -} - -@Article{BufferStockAgeProfiles, - author = {Carroll, Christopher D.}, - title = {BufferStockAgeProfiles}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/BufferStockAge% Profiles.pdf}, - year = {2006}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/BufferStockAgeProfiles.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/BufferStockAgeProfiles.pdf}, -} - -@Article{EpiOfC, - author = {Carroll, Christopher D.}, - title = {Sticky Expectations and Consumption Dynamics}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/EpiOfC.pdf}, - year = {2006}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/EpiOfC.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/EpiOfC.pdf}, -} - -@Article{carroll:epidemicInflQJE, - author = {Carroll, Christopher D.}, - title = {{M}acroeconomic {E}xpectations of {H}ouseholds and {P}rofessional {F}orecasters}, - journal = {Quarterly Journal of Economics}, - year = {2003}, - volume = {118}, - number = {1}, - pages = {269--298}, - note = {\href{https://www.econ2.jhu.edu/people/ccarroll/epidemiologyQJE.pdf}{[PDF]},\href{https://www.econ2.jhu.edu/people/ccarroll/Epidemiology.zip}{[Code]}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/epidemiologyQJE.pdf}, -} - -@Article{carroll:epidemicinfljhu, - author = {Carroll, Christopher D.}, - title = {The Epidemiology of Macroeconomic Expectations}, - journal = {Johns Hopkins University Economics Department Working Paper Number 462}, - year = {2002}, - month = {December}, -} - -@Article{carrollRequiem, - author = {Carroll, Christopher D.}, - title = {Requiem for the Representative Consumer? Aggregate Implications of Microeconomic Consumption Behavior}, - journal = {American Economic Review}, - year = {2000}, - volume = {90}, - number = {2}, - pages = {110--115}, - month = {May}, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}, -} - -@Article{carrollRequiemNoNotes, - author = {Carroll, Christopher D.}, - title = {Requiem for the Representative Consumer? Aggregate Implications of Microeconomic Consumption Behavior}, - journal = {American Economic Review}, - year = {2000}, - volume = {90}, - number = {2}, - pages = {110--115}, - month = {May}, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}, -} - -@TechReport{cosHowLarge, - author = {Carroll, Christopher D. and Otsuka, Misuzu and Slacalek, Jiri}, - title = {How Large Is the Housing Wealth Effect? A New Approach}, - institution = {Johns Hopkins University}, - year = {2006}, - type = {Working Paper No. 535}, - number = {12746}, - address = {\href{http://www.econ.jhu.edu/pdf/papers/wp535carroll.pdf}{www.econ.jhu.edu/pdf/papers/wp535carroll.pdf}}, - month = {October}, -} - -@TechReport{cssIntlStickyCECB, - author = {Carroll, Christopher D. and Slacalek, Jiri and Sommer, Martin}, - title = {International evidence on sticky consumption growth}, - institution = {European Central Bank}, - year = {2008}, - type = {Working Paper Series}, - number = {886}, - month = Mar, - bdsk-url-1 = {http://ideas.repec.org/p/ecb/ecbwps/20080886.html}, - score = {80}, - url = {http://ideas.repec.org/p/ecb/ecbwps/20080886.html}, -} - -@Article{cstStickyC, - author = {Carroll, Christopher D. and Slacalek, Jiri and Tokuoka, Kiichi}, - title = {Sticky Expectations and Consumption Dynamics}, - journal = {Manuscript, Johns Hopkins University}, - year = {2011}, - note = {\url{http://llorracc.net/Hidden/Papers/cstStickyC}}, - bdsk-url-1 = {http://llorracc.net/Hidden/Papers/cstStickyC.pdf}, - url = {http://llorracc.net/Hidden/Papers/cstStickyC.pdf}, -} - -@Article{crFactor, - author = {Chamberlain, Gary and Rothschild, Michael}, - title = {Arbitrage Factor Stucture, and Mean--Variance Analysis of Large Asset Markets}, - journal = {Econometrica}, - year = {1983}, - pages = {1281--1304}, -} - -@Article{chPooling, - author = {Michael P. Clements and David F. Hendry}, - title = {Pooling of Forecasts}, - journal = {The Econometrics Journal}, - year = {2004}, - volume = {7(1)}, - pages = {1--31}, -} - -@Article{coccoPortfolioHousing, - author = {{Jo\~ao} F. Cocco}, - title = {Portfolio Choice in the Presence of Housing}, - journal = {Review of Financial Studies}, - year = {2005}, - volume = {18}, - pages = {535--567}, -} - -@Article{csInflation, - author = {Cogley, Timothy and Sargent, Thomas}, - title = {Evolving Post World War II US Inflation Dynamics}, - journal = {NBER Macroeconomics Annual}, - year = {2001}, - volume = {16}, - pages = {331--373}, -} - -@Article{croushore:introSPF, - author = {Croushore, Dean}, - title = {Introducing: The Survey of Professional Forecasters}, - journal = {Federal Reserve Bank of Philadelphia Business Review}, - year = {1993}, - volume = {November/December}, - pages = {3--15}, - month = {November/December}, -} - -@Article{ddfsSticky, - author = {J{\"}org D{\"}opke and Jonas Dovern and Ulrich Fritsche and Jiri Slacalek}, - title = {Sticky Information Phillips Curves: European Evidence}, - journal = {Journal of Money, Credit, and Banking}, - year = {2008}, - volume = {40}, - pages = {1513--1520}, -} - -@InProceedings{dsAssetBooms, - author = {Detken, Carsten and Smets, Frank}, - title = {Asset Price Booms and Monetary Policy}, - booktitle = {Macroeconomic Policies in the World Economy}, - year = {2004}, - editor = {Siebert, Horst}, - pages = {189--227}, - publisher = {Springer}, -} - -@Article{dhj:houseprices, - author = {Richard Disney and John Gathergood and Andrew Henley}, - title = {House Price Shocks, Negative Equity and Household Consumption in the United Kingdom}, - journal = {Journal of the European Economic Association}, - year = {2010}, - volume = {8}, - number = {6}, - pages = {1179--1207}, - month = {December}, - institution = {University of Nottingham}, -} - -@TechReport{dvornak&kohler:wealtheffects, - author = {Nikola Dvornak and Marion Kohler}, - title = {Housing Wealth, Stock Market Wealth and Consumption: A Panel Analysis for Australia}, - institution = {Reserve Bank of Australia}, - year = {2003}, - type = {Reserve Bank of Australia Discussion Paper}, - number = {23}, - month = Jul, -} - -@Article{engelhardtHandS, - author = {Gary V. Engelhardt}, - title = {House Prices and Home Owner Saving Behavior}, - journal = {Regional Science and Urban Economics}, - year = {1996}, - volume = {26}, - pages = {313--336}, -} - -@Article{fcHabits, - author = {Ferson, Wayne and Constantinides, George M.}, - title = {Habit Persistence and Durability in Aggregate Consumption}, - journal = {Journal of Financial Economics}, - year = {1991}, - volume = {29}, - number = {2}, - pages = {199--240}, -} - -@Article{Forni1998, - author = {Forni, Mario and Reichlin, Lucrezia}, - title = {Let's Get Real: A Dynamic Factor Analytical Approach to Disaggregated Business Cycle}, - journal = {Review of Economic Studies}, - year = {1998}, - volume = {65}, - pages = {453--474}, -} - -@TechReport{girouard&blondal:houseprices, - author = {Girouard, Nathalie and Bl{{\"}o}ndal, Sveinbj{{\"}o}rn}, - title = {House Price and Economic Activity}, - institution = {OECD Economics Department}, - year = {2001}, - type = {OECD Economics Department Working Paper}, - number = {279}, - month = Jan, -} - -@Book{ghjPortfolios, - title = {Household Portfolios}, - publisher = {MIT Press}, - year = {2001}, - author = {Guiso, Luigi and Haliassos, Michael and Jappelli, Tullio}, -} - -@Article{guvenen, - author = {Guvenen, Fatih}, - title = {An Empirical Investigation of Labor Income Processes}, - journal = {Review of Economic Dynamics}, - year = {2009}, - volume = {12}, - number = {1}, - pages = {58--79}, -} - -@Article{hlRiskSharing, - author = {Heaton, John and Lucas, Deborah J.}, - title = {Evaluating the Effects of Incomplete Markets on Risk Sharing and Asset Pricing}, - journal = {Journal of Political Economy}, - year = {1996}, - volume = {104}, - pages = {443--487}, -} - -@Article{Kaplan:2012hs, - author = {Kaplan, Greg}, - title = {{Inequality and the life cycle}}, - journal = {Quantitative Economics}, - year = {2012}, - volume = {3}, - number = {3}, - pages = {471--525}, - month = nov, - date-added = {2013-04-07T22:40:17GMT+00:00}, - date-modified = {2013-04-07T23:27:49GMT+00:00}, - doi = {10.3982/QE200}, - file = {{Quantitative_Economics_2012_Kaplan.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Kaplan/Quantitative_Economics_2012_Kaplan.pdf:application/pdf}}, - language = {English}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Kaplan/Quantitative_Economics_2012_Kaplan.pdf}, - publisher = {Wiley Online Library}, - rating = {0}, - read = {Yes}, - uri = {\url{papers2://publication/doi/10.3982/QE200}}, - url = {http://doi.wiley.com/10.3982/QE200}, -} - -@Article{kennickell, - author = {Kennickell, Arthur B.}, - title = {Saving and Permanent Income: Evidence from the 1992 SCF}, - journal = {Board of Governors of the Federal Reserve System}, - year = {1995}, -} - -@Article{Levin2001, - author = {Laurence Levin}, - title = {Are Assets Fungible? Testing the Behavioral Theory of Life Cycle Saving}, - journal = {Journal of Economic Behavior and Organization}, - year = {2001}, - volume = {36}, - pages = {59--83}, -} - -@Article{lev02, - author = {Levine, Ross}, - title = {Bank-Based or Market-Based Financial Systems: Which Is Better?}, - journal = {Journal of Financial Intermediation}, - year = {2002}, - volume = {11}, - pages = {1--30}, -} - -@Article{lucas:imperfectInfo, - author = {Lucas, Robert E.}, - title = {Some International Evidence on Output-Inflation Tradeoffs}, - journal = {American Economic Review}, - year = {1973}, - volume = {63}, - number = {3}, - pages = {326--334}, - month = {June}, -} - -@TechReport{ls02, - author = {Ludwig, Alexander and {Sl{\o}k}, Torsten}, - title = {The Impact of Changes in Stock Prices and House Prices on Consumption in OECD Countries}, - institution = {International Monetary Fund}, - year = {2002}, - type = {IMF woking paper}, - number = {1}, -} - -@Article{lusardi, - author = {Lusardi, Annamaria}, - title = {Permanent Income, Current Income, and Consumption: Evidence from Two Panel Data Sets}, - journal = {Journal of Business and Economic Statistics}, - year = {1996}, - volume = {14}, - number = {1}, - pages = {81--90}, - month = {January}, -} - -@Article{mankiwEtAl03, - author = {N. Gregory Mankiw and Ricardo Reis and Justin Wolfers}, - title = {Disagreement on Inflation Expectations}, - journal = {NBER Macroeconomics Annual}, - year = {2003}, - pages = {209--248}, -} - -@Article{prescott, - author = {Prescott, Edward C.}, - title = {Theory Ahead of Business Cycle Measurement}, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = {1986}, - volume = {25}, - pages = {11--44}, - note = {\url{http://ideas.repec.org/p/fip/fedmsr/102.html}}, - bdsk-url-1 = {http://ideas.repec.org/p/fip/fedmsr/102.html}, - url = {http://ideas.repec.org/p/fip/fedmsr/102.html}, -} - -@Article{prescottTheoryAhead, - author = {Prescott, Edward C.}, - title = {Theory Ahead of Business Cycle Measurement}, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = 1986, - volume = 25, - pages = {11--44}, - note = {\url{http://ideas.repec.org/p/fip/fedmsr/102.html}}, - bdsk-url-1 = {http://ideas.repec.org/p/fip/fedmsr/102.html}, - url = {http://ideas.repec.org/p/fip/fedmsr/102.html}, -} - -@Article{reis:inpro, - author = {Ricardo Reis}, - title = {Inattentive Producers}, - journal = {Review of Economic Studies}, - year = {2006}, - volume = {73}, - number = {3}, - pages = {793--821}, -} - -@Article{reisInattentiveC, - author = {Reis, Ricardo}, - title = {Inattentive Consumers}, - journal = {Journal of Monetary Economics}, - year = {2006}, - volume = {53}, - number = {8}, - pages = {1761--1800}, - month = {November}, - bdsk-url-1 = {http://ideas.repec.org/a/eee/moneco/v53y2006i8p1761-1800.html}, - publisher = {Elsevier}, - url = {http://ideas.repec.org/a/eee/moneco/v53y2006i8p1761-1800.html}, -} - -@Article{frederickLoewensteinODonogue:discountReview, - author = {Shane Frederick and George Loewenstein and Ted {O'Donogue}}, - title = {Time Discounting and Time Preference: A Critical Review}, - journal = {Journal of Economic Literature}, - year = {2002}, - volume = {XL}, - number = {2}, - pages = {351--401}, - issn = {00220515}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2698382}, -} - -@Book{lsamuelsonEvolutionary, - title = {Evolutionary Games and Equilibrium Selection}, - publisher = {Princeton University Press}, - year = {1997}, - author = {Samuelson, Larry}, - address = {Cambridge}, -} - -@Article{samuelsonOLG, - author = {Samuelson, Paul A.}, - title = {An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money}, - journal = {Journal of Political Economy}, - year = {1958}, - volume = {66}, - number = {6}, - pages = {467--482}, - issn = {00223808, 1537534X}, - publisher = {University of Chicago Press}, - url = {http://www.jstor.org/stable/1826989}, -} - -@Book{shillerIEed2, - title = {Irrational Exuberance}, - publisher = {Princeton University Press}, - year = {2005}, - author = {Shiller, Robert J.}, - edition = {2}, - month = {March}, - date = {2005}, -} - -@Article{SongStorenslettenZilibotti11, - author = {Song, Zheng and Storesletten, Kjetil and Zilibotti, Fabrizio}, - title = {Growing Like China}, - journal = {The American Economic Review}, - year = {2011}, - volume = {101}, - number = {1}, - pages = {196--233}, -} - -@InProceedings{swIntlBusCyca, - author = {James H. Stock and Mark W. Watson}, - title = {Forecasting with Many Predictors}, - booktitle = {The Handbook of Economic Forecasting}, - year = {2005}, - editor = {Graham Elliott and Clive Granger and Allan Timmermann}, - publisher = {Elsevier/North Holland}, -} - -@Article{Wilcox:92, - author = {Wilcox, David W.}, - title = {The Construction of U.S. Consumption Data: Some Facts and Their Implications for Empirical Work}, - journal = {The American Economic Review}, - year = {1992}, - volume = {82}, - number = {4}, - pages = {922--941}, - month = {September}, -} - -@Article{jwilliamsonKorea, - author = {Williamson, Jeffrey G.}, - title = {Why Do {K}oreans Save 'So Little'?}, - journal = {Journal of Development Economics}, - year = {1979}, - volume = {6}, - pages = {343--362}, - month = {September}, -} - -@InCollection{carroll:richsave, - author = {Carroll, Christopher D.}, - title = {{W}hy {D}o the {R}ich {S}ave {S}o {M}uch?}, - booktitle = {{D}oes {A}tlas {S}hrug? {T}he {E}conomic {C}onsequences of {T}axing the {R}ich}, - publisher = {Harvard University Press}, - year = {2000}, - editor = {Slemrod, Joel B.}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/Why.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/Why.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/Why.pdf}, -} - -@Article{summers&carroll:brookings, - author = {Summers, Lawrence H. and Carroll, Christopher D.}, - title = {Why is U.S.\ National Saving So Low?}, - journal = {Brookings Papers on Economic Activity}, - year = {1987}, - volume = {1987}, - number = {2}, - pages = {607--636}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}, -} - -@InProceedings{mbUtility, - author = {Modigliani, Franco and Brumberg, Richard}, - title = {Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data}, - booktitle = {Post-Keynesian Economics}, - year = {1954}, - editor = {Kurihara, Kenneth K.}, - address = {New Brunswick, NJ}, - publisher = {Rutgers University Press}, -} - -@Article{cstKS, - author = {Carroll, Christopher D and Slacalek, Jiri and Tokuoka, Kiichi}, - title = {Buffer-Stock Saving in a Krusell--Smith World}, - journal = {Economics Letters}, - year = {2015}, - volume = {132}, - pages = {97--100}, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/papers/cstKS/}; extended version available as ECB Working Paper number 1633, \url{https://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp1633.pdf}}, - doi = {doi:10.1016/j.econlet.2015.04.021}, - publisher = {Elsevier}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/cstKS/}, -} - -@Article{carrollEGM, - author = {Carroll, Christopher D.}, - title = {The {M}ethod of {E}ndogenous {G}ridpoints for {S}olving {D}ynamic {S}tochastic {O}ptimization {P}roblems}, - journal = {Economics Letters}, - year = {2006}, - volume = {91}, - number = {3}, - pages = {312--320}, - month = {September}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/EndogenousGridpoints.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/EndogenousArchive.zip}, - bdsk-url-2 = {http://dx.doi.org/10.1016/j.econlet.2005.09.013}, - doi = {10.1016/j.econlet.2005.09.013}, - url = {https://www.econ2.jhu.edu/people/ccarroll/EndogenousArchive.zip}, -} - -@Book{deatonUnderstandingCNotes, - title = {{U}nderstanding {C}onsumption}, - publisher = {Oxford University Press}, - year = {1992}, - author = {Deaton, Angus S.}, - address = {New York}, -} - -@Book{deatonUnderstandingC, - title = {{U}nderstanding {C}onsumption}, - publisher = {Oxford University Press}, - year = {1992}, - author = {Deaton, Angus S.}, - address = {New York}, -} - -@TechReport{bgpHousing, - author = {Bostic, Raphael and Gabriel, Stuart and Painter, Gary}, - title = {Housing Wealth, Financial Wealth, and Consumption: New Evidence from Micro Data}, - institution = {University of Southern California}, - year = {2005}, - type = {working paper}, - month = {December}, -} - -@Article{aw95, - author = {Orazio Attanasio and Guglielmo Weber}, - title = {Is Consumption Growth Consistent with Intertemporal Optimization? Evidence from the Consumer Expenditure Survey}, - journal = {Journal of Political Economy}, - year = {1995}, - volume = {103}, - number = {6}, - pages = {1121-57}, - month = {December}, -} - -@Article{ersAutoregressive, - author = {Graham Elliott and Thomas J. Rothenberg and James H. Stock}, - title = {Efficient Tests for an Autoregressive Root}, - journal = {Econometrica}, - year = {1996}, - volume = {64}, - number = {4}, - pages = {813--836}, - month = {July}, -} - -@Article{greenCalifornia, - author = {Richard K. Green}, - title = {Stock Prices and House Prices in California: New Evidence of a Wealth Effect}, - journal = {Regional Science and Urban Economics}, - year = {2002}, - volume = {32}, - pages = {775--783}, -} - -@Article{glAssetPricing, - author = {Grossman, Sanford J. and Laroque, Guy S.}, - title = {Asset Pricing and Optimal Portfolio Choice in the Presence of Illiquid Durable Consumption Goods}, - journal = {Econometrica}, - year = {1990}, - volume = {58}, - number = {1}, - pages = {25--51}, -} - -@Article{inSpillovers, - author = {Iacoviello, Matteo and Neri, Stefano}, - title = {Housing Market Spillovers: Evidence from an Estimated DSGE Model}, - journal = {AEJ Macro}, - year = {2010}, - pages = {forthcoming}, - note = {forthcoming}, - institution = {Boston College, Department of Economics}, - type = {working paper}, -} - -@Article{ssModeration, - author = {Sabelhaus, John and Song, Jae}, - title = {The Great Moderation in Micro Labor Earnings}, - journal = {Journal of Monetary Economics}, - year = {2010}, - volume = {57}, - number = {4}, - pages = {391--403}, - month = {May}, - note = {\url{http://ideas.repec.org/a/eee/moneco/v57y2010i4p391-403.html}}, - abstract = {Between 1980 and the early 1990s the variability of - labor earnings growth rates across the prime-age - working population fell significantly. This decline - and timing are consistent with other macro and micro - observations about growth variability that are - collectively referred to as the \"Great - Moderation.\" The variability of earnings - growth is negatively correlated with age at any - point in time, and the U.S. working age population - got older during this period because the Baby Boom - was aging. However, the decrease in variability was - roughly uniform across all age groups, so population - aging is not the source of the overall decline. The - variance of log changes also declined at multi-year - frequencies in such a way as to suggest that both - permanent and transitory components of earnings - shocks became more moderate. A simple identification - strategy for separating age and cohort effects shows - a very intuitive pattern of permanent and transitory - shocks over the life cycle, and confirms that a - shift over time in the stochastic process occurred - even after controlling for age effects.}, - date-added = {2013-04-07T22:40:16GMT+00:00}, - date-modified = {2013-04-07T23:27:49GMT+00:00}, - doi = {10.1016/j.jmoneco.2010.04.003}, - file = {ssModeration.pdf:ssModeration.pdf:PDF}, - keywords = { Labor earnings Earnings volatility Great moderation}, - language = {English}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Sabelhaus/Journal_of_Monetary_Economics_2010_Sabelhaus.pdf}, - rating = {0}, - uri = {\url{papers2://publication/doi/10.1016/j.jmoneco.2010.04.003}}, - url = {http://ideas.repec.org/a/eee/moneco/v57y2010i4p391-403.html}, -} - -@Article{deatonLiqConstr, - author = {Deaton, Angus S.}, - title = {Saving and Liquidity Constraints}, - journal = {Econometrica}, - year = {1991}, - volume = {59}, - pages = {1221-1248}, - note = {\url{http://www.jstor.org/stable/2938366}}, - bdsk-url-1 = {http://ideas.repec.org/a/ecm/emetrp/v59y1991i5p1221-48.html}, - file = {deatonLiqConstr.pdf:deatonLiqConstr.pdf:PDF}, - owner = {Nic Johnson}, - url = {http://www.jstor.org/stable/2938366}, -} - -@Article{cagettiWprofiles, - author = {Marco Cagetti}, - title = {Wealth Accumulation Over the Life Cycle and Precautionary Savings}, - journal = {Journal of Business and Economic Statistics}, - year = {2003}, - volume = {21}, - number = {3}, - pages = {339--353}, -} - -@Article{Cagetti, - author = {Marco Cagetti}, - title = {Wealth Accumulation Over the Life Cycle and Precautionary Savings}, - journal = {Journal of Business and Economic Statistics}, - year = {2003}, - volume = {21}, - number = {3}, - pages = {339--353}, -} - -@Article{pikettySaez:incomeIneq_qje03, - author = {Thomas Piketty and Emmanuel Saez}, - title = {Income Ineuality in the United States, 1913--1998}, - journal = {Quarterly Journal of Economics}, - year = {2003}, - volume = {118}, - number = {1}, - pages = {1--39}, - month = {February}, -} - - -@Article{demyanykEtAl_JoF07_deregulation, - author = {Yuliya Demyanyk and Charlotte Ostergaard and Bent E. S{\o}rensen}, - title = {U.S. Banking Deregulation, Small Businesses, and Interstate Insurance of Personal Income}, - journal = {Journal of Finance}, - year = {2007}, - volume = {62}, - number = {6}, - pages = {2763--2801}, - month = {December}, - abstract = { We estimate the effects of deregulation of U.S. banking restrictions on interstate personal income insurance for the period 1970 to 2001. Interstate income insurance occurs when personal income reacts less than one-to-one to state-specific output shocks. We find that insurance improved after banking deregulation, with a larger effect in states where small businesses are more important and on proprietors' income than on other components of personal income. Our explanation centers on the role of banks as a prime source of small business finance and on the close intertwining of the personal and business finances of small business owners. Copyright 2007 by The American Finance Association.}, - url = {https://ideas.repec.org/a/bla/jfinan/v62y2007i6p2763-2801.html}, -} - -@Article{carroll:brookings, - author = {Carroll, Christopher D.}, - title = {The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence}, - journal = {Brookings Papers on Economic Activity}, - year = {1992}, - volume = {1992}, - number = {2}, - pages = {61--156}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}}, - score = {30}, - url = {https://www.econ2.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}, -} - -@Article{carrollBrookings, - author = {Carroll, Christopher D.}, - title = {The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence}, - journal = {Brookings Papers on Economic Activity}, - year = {1992}, - volume = {1992}, - number = {2}, - pages = {61--156}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}}, - score = {30}, - url = {https://www.econ2.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}, -} - -@Comment{jabref-meta: databaseType:bibtex;} - -@Comment{jabref-meta: grouping: -0 AllEntriesGroup:; -1 KeywordGroup:Norman\;0\;author\;Norman\;1\;1\;1\;\;\;\;; -2 KeywordGroup:C\;1\;author\;C. | Catherine\;1\;1\;1\;\;\;\;; -1 StaticGroup:Automatically created groups\;2\;1\;\;\;\;; -2 KeywordGroup:Abdelkhalek\;0\;author\;Abdelkhalek\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Abel\;0\;author\;Abel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Abowd\;0\;author\;Abowd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Acemoglu\;0\;author\;Acemoglu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Adamchik\;0\;author\;Adamchik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Adda\;0\;author\;Adda\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Agarwal\;0\;author\;Agarwal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ager\;0\;author\;Ager\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aguiar\;0\;author\;Aguiar\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ahnert\;0\;author\;Ahnert\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aiyagari\;0\;author\;Aiyagari\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Akerlof\;0\;author\;Akerlof\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Alesina\;0\;author\;Alesina\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Alessie\;0\;author\;Alessie\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Algan\;0\;author\;Algan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Allais\;0\;author\;Allais\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Allen\;0\;author\;Allen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Altissimo\;0\;author\;Altissimo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Altonji\;0\;author\;Altonji\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Amihud\;0\;author\;Amihud\;0\;0\;1\;\;\;\;; -2 KeywordGroup:An\;0\;author\;An\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Andersen\;0\;author\;Andersen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ando\;0\;author\;Ando\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Andre\;0\;author\;Andre\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Andres\;0\;author\;Andres\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Andrews\;0\;author\;Andrews\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ang\;0\;author\;Ang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Angeletos\;0\;author\;Angeletos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Angrist\;0\;author\;Angrist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ansley\;0\;author\;Ansley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Antoniewicz\;0\;author\;Antoniewicz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arbatli\;0\;author\;Arbatli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arifovic\;0\;author\;Arifovic\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aristotle\;0\;author\;Aristotle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arnold\;0\;author\;Arnold\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arnone\;0\;author\;Arnone\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aron\;0\;author\;Aron\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arrow\;0\;author\;Arrow\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arthur\;0\;author\;Arthur\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aruoba\;0\;author\;Aruoba\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Asdrubali\;0\;author\;Asdrubali\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Athanasoulis\;0\;author\;Athanasoulis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Atkeson\;0\;author\;Atkeson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Atkins\;0\;author\;Atkins\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Attanasio\;0\;author\;Attanasio\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Auerbach\;0\;author\;Auerbach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Auten\;0\;author\;Auten\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ayigari\;0\;author\;Ayigari\;0\;0\;1\;\;\;\;; -2 KeywordGroup:B'enabou\;0\;author\;B'enabou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bacchetta\;0\;author\;Bacchetta\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Backus\;0\;author\;Backus\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bagwell\;0\;author\;Bagwell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bai\;0\;author\;Bai\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Baily\;0\;author\;Baily\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Baker\;0\;author\;Baker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bakshi\;0\;author\;Bakshi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ball\;0\;author\;Ball\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Baltagi\;0\;author\;Baltagi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Banks\;0\;author\;Banks\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bar-Ilan\;0\;author\;Bar-Ilan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barata\;0\;author\;Barata\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barbera\;0\;author\;Barbera\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barczi\;0\;author\;Barczi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barro\;0\;author\;Barro\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barsky\;0\;author\;Barsky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bartlett\;0\;author\;Bartlett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Basu\;0\;author\;Basu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Batchelor\;0\;author\;Batchelor\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Battistin\;0\;author\;Battistin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Battycharya\;0\;author\;Battycharya\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Baxter\;0\;author\;Baxter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bayoumi\;0\;author\;Bayoumi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Beauchamp\;0\;author\;Beauchamp\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Beck\;0\;author\;Beck\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Becker\;0\;author\;Becker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bedi\;0\;author\;Bedi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Beechey\;0\;author\;Beechey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bekaert\;0\;author\;Bekaert\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ben Porath\;0\;author\;Ben Porath\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Benjamin\;0\;author\;Benjamin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Berk\;0\;author\;Berk\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Berkowitz\;0\;author\;Berkowitz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bernanke\;0\;author\;Bernanke\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bernheim\;0\;author\;Bernheim\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bertaut\;0\;author\;Bertaut\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bertola\;0\;author\;Bertola\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Besley\;0\;author\;Besley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bewley\;0\;author\;Bewley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bikhchandani\;0\;author\;Bikhchandani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bilas\;0\;author\;Bilas\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Billingsley\;0\;author\;Billingsley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bils\;0\;author\;Bils\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Binmore\;0\;author\;Binmore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blake\;0\;author\;Blake\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blanchard\;0\;author\;Blanchard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blanchflower\;0\;author\;Blanchflower\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blau\;0\;author\;Blau\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blinder\;0\;author\;Blinder\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blomberg\;0\;author\;Blomberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bloom\;0\;author\;Bloom\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blow\;0\;author\;Blow\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blundell\;0\;author\;Blundell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bl{{"}o}ndal\;0\;author\;Bl{{"}o}ndal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bl{{"}}ondal\;0\;author\;Bl{"}ondal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bodkin\;0\;author\;Bodkin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Boivin\;0\;author\;Boivin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Boldrin\;0\;author\;Boldrin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bond\;0\;author\;Bond\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bonin\;0\;author\;Bonin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Boone\;0\;author\;Boone\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Booth\;0\;author\;Booth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Borio\;0\;author\;Borio\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bostic\;0\;author\;Bostic\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bosworth\;0\;author\;Bosworth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bouchard\;0\;author\;Bouchard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bound\;0\;author\;Bound\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bowman\;0\;author\;Bowman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Boyd\;0\;author\;Boyd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brady\;0\;author\;Brady\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bram\;0\;author\;Bram\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Branch\;0\;author\;Branch\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Braun\;0\;author\;Braun\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brav\;0\;author\;Brav\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brayton\;0\;author\;Brayton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brennan\;0\;author\;Brennan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bricker\;0\;author\;Bricker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brock\;0\;author\;Brock\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Broda\;0\;author\;Broda\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brown\;0\;author\;Brown\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Browning\;0\;author\;Browning\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brownlee\;0\;author\;Brownlee\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brumberg\;0\;author\;Brumberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bryan\;0\;author\;Bryan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Buckley\;0\;author\;Buckley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bucks\;0\;author\;Bucks\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bull\;0\;author\;Bull\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bullard\;0\;author\;Bullard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Burtless\;0\;author\;Burtless\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Buyze\;0\;author\;Buyze\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Byrne\;0\;author\;Byrne\;0\;0\;1\;\;\;\;; -2 KeywordGroup:B{"}orsch-Supan\;0\;author\;B{"}orsch-Supan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Caballero\;0\;author\;Caballero\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cagetti\;0\;author\;Cagetti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cai\;0\;author\;Cai\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Callen\;0\;author\;Callen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Calomiris\;0\;author\;Calomiris\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Calvo\;0\;author\;Calvo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Campbell\;0\;author\;Campbell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Canner\;0\;author\;Canner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Canning\;0\;author\;Canning\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Capistr'an\;0\;author\;Capistr'an\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Capli\;0\;author\;Capli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Caplin\;0\;author\;Caplin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Card\;0\;author\;Card\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cardarelli\;0\;author\;Cardarelli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Carlson\;0\;author\;Carlson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Carrasco\;0\;author\;Carrasco\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Carrington\;0\;author\;Carrington\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Carroll\;0\;author\;Carroll\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Case\;0\;author\;Case\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cass\;0\;author\;Cass\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cassou\;0\;author\;Cassou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Castaneda\;0\;author\;Castaneda\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Catte\;0\;author\;Catte\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cavanagh\;0\;author\;Cavanagh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cecchetti\;0\;author\;Cecchetti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cechetti\;0\;author\;Cechetti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cesarini\;0\;author\;Cesarini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chamberlain\;0\;author\;Chamberlain\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chamon\;0\;author\;Chamon\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chari\;0\;author\;Chari\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chase\;0\;author\;Chase\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chen\;0\;author\;Chen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chetty\;0\;author\;Chetty\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chiao\;0\;author\;Chiao\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chinloy\;0\;author\;Chinloy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chinn\;0\;author\;Chinn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chodorow-Reich\;0\;author\;Chodorow-Reich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Christiano\;0\;author\;Christiano\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ciccone\;0\;author\;Ciccone\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Clarida\;0\;author\;Clarida\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Clark\;0\;author\;Clark\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Clements\;0\;author\;Clements\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cocco\;0\;author\;Cocco\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cochrane\;0\;author\;Cochrane\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cogley\;0\;author\;Cogley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cohen\;0\;author\;Cohen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Coibion\;0\;author\;Coibion\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cole\;0\;author\;Cole\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Coleman\;0\;author\;Coleman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Collado\;0\;author\;Collado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Constantinides\;0\;author\;Constantinides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Constantinidies\;0\;author\;Constantinidies\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cooper\;0\;author\;Cooper\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Corneli\;0\;author\;Corneli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Coronado\;0\;author\;Coronado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Corrado\;0\;author\;Corrado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Coulibaly\;0\;author\;Coulibaly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Creal\;0\;author\;Creal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cronqvist\;0\;author\;Cronqvist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Crossley\;0\;author\;Crossley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Croushore\;0\;author\;Croushore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Crowe\;0\;author\;Crowe\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Crucini\;0\;author\;Crucini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cukierman\;0\;author\;Cukierman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cummins\;0\;author\;Cummins\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Curtin\;0\;author\;Curtin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cutler\;0\;author\;Cutler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:DAVIDSON\;0\;author\;DAVIDSON\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dadayan\;0\;author\;Dadayan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dardanoni\;0\;author\;Dardanoni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Davey\;0\;author\;Davey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:David\;0\;author\;David\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Davis\;0\;author\;Davis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:DeLong\;0\;author\;DeLong\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Deacon\;0\;author\;Deacon\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Deaton\;0\;author\;Deaton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Debelle\;0\;author\;Debelle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dejuan\;0\;author\;Dejuan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dekle\;0\;author\;Dekle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Del Negro\;0\;author\;Del Negro\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Den Haan\;0\;author\;Den Haan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Department of Commerce\;0\;author\;Department of Commerce\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Detken\;0\;author\;Detken\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Devereux\;0\;author\;Devereux\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Diamond\;0\;author\;Diamond\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Diaz-Gimenez\;0\;author\;Diaz-Gimenez\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dickens\;0\;author\;Dickens\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Diebold\;0\;author\;Diebold\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Disney\;0\;author\;Disney\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dixit\;0\;author\;Dixit\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dodd\;0\;author\;Dodd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dohmen\;0\;author\;Dohmen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Donaldson\;0\;author\;Donaldson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Doornik\;0\;author\;Doornik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dotsey\;0\;author\;Dotsey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dovern\;0\;author\;Dovern\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Doyle\;0\;author\;Doyle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dr`eze\;0\;author\;Dr`eze\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dua\;0\;author\;Dua\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duca\;0\;author\;Duca\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duesenberry\;0\;author\;Duesenberry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duffy\;0\;author\;Duffy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duncan\;0\;author\;Duncan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dunn\;0\;author\;Dunn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Durdu\;0\;author\;Durdu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duygan\;0\;author\;Duygan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dvornak\;0\;author\;Dvornak\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dynan\;0\;author\;Dynan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:D{"}opke\;0\;author\;D{"}opke\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Easterlin\;0\;author\;Easterlin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Easterly\;0\;author\;Easterly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eberly\;0\;author\;Eberly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Economic Advisers\;0\;author\;Economic Advisers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Edelstein\;0\;author\;Edelstein\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Edison\;0\;author\;Edison\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Edward C. Prescott\;0\;author\;Edward C. Prescott\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Edwards\;0\;author\;Edwards\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eggertsson\;0\;author\;Eggertsson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ehrmann\;0\;author\;Ehrmann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eichenbaum\;0\;author\;Eichenbaum\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eichengreen\;0\;author\;Eichengreen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eijffinger\;0\;author\;Eijffinger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eissa\;0\;author\;Eissa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eller\;0\;author\;Eller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Elliott\;0\;author\;Elliott\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ellison\;0\;author\;Ellison\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Elmendorf\;0\;author\;Elmendorf\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Els\;0\;author\;Els\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Engel\;0\;author\;Engel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Engelhardt\;0\;author\;Engelhardt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Engen\;0\;author\;Engen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Englund\;0\;author\;Englund\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Erceg\;0\;author\;Erceg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Erev\;0\;author\;Erev\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Escudero\;0\;author\;Escudero\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Euwals\;0\;author\;Euwals\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Evans\;0\;author\;Evans\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Falk\;0\;author\;Falk\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fama\;0\;author\;Fama\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Farhi\;0\;author\;Farhi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fat`as\;0\;author\;Fat`as\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Faust\;0\;author\;Faust\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fay\;0\;author\;Fay\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fazzari\;0\;author\;Fazzari\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Feldstein\;0\;author\;Feldstein\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fernandez-Corugedo\;0\;author\;Fernandez-Corugedo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ferrri\;0\;author\;Ferrri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ferson\;0\;author\;Ferson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fischer\;0\;author\;Fischer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fisher\;0\;author\;Fisher\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fitzgerald\;0\;author\;Fitzgerald\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Flavin\;0\;author\;Flavin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fleming\;0\;author\;Fleming\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Flemming\;0\;author\;Flemming\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Floetotto\;0\;author\;Floetotto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fogli\;0\;author\;Fogli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Foote\;0\;author\;Foote\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Forni\;0\;author\;Forni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Foundation\;0\;author\;Foundation\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Francis\;0\;author\;Francis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Frank\;0\;author\;Frank\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fratantoni\;0\;author\;Fratantoni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fratzscher\;0\;author\;Fratzscher\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Friedman\;0\;author\;Friedman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fritsche\;0\;author\;Fritsche\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fuchs-Sch{"u}ndeln\;0\;author\;Fuchs-Sch{"u}ndeln\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fuchs-Sch{"}undeln\;0\;author\;Fuchs-Sch{"}undeln\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fudenberg\;0\;author\;Fudenberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fuhrer\;0\;author\;Fuhrer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Futia\;0\;author\;Futia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gabaix\;0\;author\;Gabaix\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gabriel\;0\;author\;Gabriel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gadzinski\;0\;author\;Gadzinski\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gakidis\;0\;author\;Gakidis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gal'{i}\;0\;author\;Gal'{i}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gale\;0\;author\;Gale\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gali\;0\;author\;Gali\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gapinsky\;0\;author\;Gapinsky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Garner\;0\;author\;Garner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Garrett\;0\;author\;Garrett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gathergood\;0\;author\;Gathergood\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gatti\;0\;author\;Gatti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gauger\;0\;author\;Gauger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gavin\;0\;author\;Gavin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Geczy\;0\;author\;Geczy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Geer\;0\;author\;Geer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Geiregat\;0\;author\;Geiregat\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gentry\;0\;author\;Gentry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Georgiou\;0\;author\;Georgiou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gerardi\;0\;author\;Gerardi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gerberding\;0\;author\;Gerberding\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gerlach\;0\;author\;Gerlach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gertler\;0\;author\;Gertler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ghosh\;0\;author\;Ghosh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Giannone\;0\;author\;Giannone\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gilchrist\;0\;author\;Gilchrist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Giordani\;0\;author\;Giordani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Giorno\;0\;author\;Giorno\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Girouard\;0\;author\;Girouard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Glaeser\;0\;author\;Glaeser\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Glick\;0\;author\;Glick\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gokhale\;0\;author\;Gokhale\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Golinelli\;0\;author\;Golinelli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gollier\;0\;author\;Gollier\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gomes\;0\;author\;Gomes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Goodman\;0\;author\;Goodman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gorman\;0\;author\;Gorman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gottschalk\;0\;author\;Gottschalk\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gourinchas\;0\;author\;Gourinchas\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Governors of the Federal Reserve System\;0\;author\;Governors of the Federal Reserve System\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Graham\;0\;author\;Graham\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Grant\;0\;author\;Grant\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Green\;0\;author\;Green\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Greene\;0\;author\;Greene\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Greenspan\;0\;author\;Greenspan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Grilli\;0\;author\;Grilli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Groen\;0\;author\;Groen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gross\;0\;author\;Gross\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Grossman\;0\;author\;Grossman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gruber\;0\;author\;Gruber\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Guariglia\;0\;author\;Guariglia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Guerrieri\;0\;author\;Guerrieri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Guiso\;0\;author\;Guiso\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gunderson\;0\;author\;Gunderson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gurenko\;0\;author\;Gurenko\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Guvenen\;0\;author\;Guvenen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:G{"}urkaynak\;0\;author\;G{"}urkaynak\;0\;0\;1\;\;\;\;; -2 KeywordGroup:HENDRY\;0\;author\;HENDRY\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Haan\;0\;author\;Haan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hahn\;0\;author\;Hahn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hakkio\;0\;author\;Hakkio\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Haliassos\;0\;author\;Haliassos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hall\;0\;author\;Hall\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Haltiwanger\;0\;author\;Haltiwanger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ham\;0\;author\;Ham\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hamburg\;0\;author\;Hamburg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hamilton\;0\;author\;Hamilton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Handjiyska\;0\;author\;Handjiyska\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hansen\;0\;author\;Hansen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hardy\;0\;author\;Hardy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Harmgart\;0\;author\;Harmgart\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Harris\;0\;author\;Harris\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Harrison\;0\;author\;Harrison\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Harvey\;0\;author\;Harvey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hassett\;0\;author\;Hassett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Haughwout\;0\;author\;Haughwout\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hause\;0\;author\;Hause\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hausman\;0\;author\;Hausman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hausmann\;0\;author\;Hausmann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hayashi\;0\;author\;Hayashi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Heathcote\;0\;author\;Heathcote\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Heaton\;0\;author\;Heaton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Heckman\;0\;author\;Heckman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Helbling\;0\;author\;Helbling\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hendry\;0\;author\;Hendry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Henley\;0\;author\;Henley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hern`{a}ndez-Murillo\;0\;author\;Hern`{a}ndez-Murillo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hess\;0\;author\;Hess\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Heston\;0\;author\;Heston\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hill\;0\;author\;Hill\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Himmelberg\;0\;author\;Himmelberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hiraguchi\;0\;author\;Hiraguchi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hochgurtel\;0\;author\;Hochgurtel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hoffmann\;0\;author\;Hoffmann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Holland\;0\;author\;Holland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Holtz-Eakin\;0\;author\;Holtz-Eakin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Honkapohja\;0\;author\;Honkapohja\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hooper\;0\;author\;Hooper\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hopenhayn\;0\;author\;Hopenhayn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Horioka\;0\;author\;Horioka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Horowitz\;0\;author\;Horowitz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Horrigan\;0\;author\;Horrigan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:House\;0\;author\;House\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Houthakker\;0\;author\;Houthakker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Howrey\;0\;author\;Howrey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hoynes\;0\;author\;Hoynes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hryshko\;0\;author\;Hryshko\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hsieh\;0\;author\;Hsieh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hu\;0\;author\;Hu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hubbard\;0\;author\;Hubbard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Huffman\;0\;author\;Huffman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Huggett\;0\;author\;Huggett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hunt\;0\;author\;Hunt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hurd\;0\;author\;Hurd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hurst\;0\;author\;Hurst\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hussey\;0\;author\;Hussey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Iacoviello\;0\;author\;Iacoviello\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ichino\;0\;author\;Ichino\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Idson\;0\;author\;Idson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Igan\;0\;author\;Igan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Im\;0\;author\;Im\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ioannides\;0\;author\;Ioannides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ireland\;0\;author\;Ireland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Irigoyen\;0\;author\;Irigoyen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Irish\;0\;author\;Irish\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Isiklar\;0\;author\;Isiklar\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ito\;0\;author\;Ito\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ittner\;0\;author\;Ittner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ivanova\;0\;author\;Ivanova\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ivo\;0\;author\;Ivo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jacobs\;0\;author\;Jacobs\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jaeger\;0\;author\;Jaeger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jagannathan\;0\;author\;Jagannathan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jaher\;0\;author\;Jaher\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jahoda\;0\;author\;Jahoda\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jaimovich\;0\;author\;Jaimovich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jansson\;0\;author\;Jansson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jappelli\;0\;author\;Jappelli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jeanne\;0\;author\;Jeanne\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jefferson\;0\;author\;Jefferson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jensen\;0\;author\;Jensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jermann\;0\;author\;Jermann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jevons\;0\;author\;Jevons\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Johannesson\;0\;author\;Johannesson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Johannsen\;0\;author\;Johannsen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Johnson\;0\;author\;Johnson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jolliffe\;0\;author\;Jolliffe\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jones\;0\;author\;Jones\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jorgenson\;0\;author\;Jorgenson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Joulfaian\;0\;author\;Joulfaian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jud\;0\;author\;Jud\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Judd\;0\;author\;Judd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Juillard\;0\;author\;Juillard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Julliard\;0\;author\;Julliard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Juster\;0\;author\;Juster\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kahn\;0\;author\;Kahn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kahneman\;0\;author\;Kahneman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kalemli-Ozcan\;0\;author\;Kalemli-Ozcan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kallal\;0\;author\;Kallal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kalyvitis\;0\;author\;Kalyvitis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kaplan\;0\;author\;Kaplan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kappler\;0\;author\;Kappler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kapteyn\;0\;author\;Kapteyn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Karoly\;0\;author\;Karoly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kasman\;0\;author\;Kasman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kasten\;0\;author\;Kasten\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kazarosian\;0\;author\;Kazarosian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Keen\;0\;author\;Keen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kehoe\;0\;author\;Kehoe\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Keller\;0\;author\;Keller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kelly\;0\;author\;Kelly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kennedy\;0\;author\;Kennedy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kennickell\;0\;author\;Kennickell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kermack\;0\;author\;Kermack\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Keynes\;0\;author\;Keynes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Khalifa\;0\;author\;Khalifa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Khan\;0\;author\;Khan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Khwaja\;0\;author\;Khwaja\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kiley\;0\;author\;Kiley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kilian\;0\;author\;Kilian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Killingsworth\;0\;author\;Killingsworth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kim\;0\;author\;Kim\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kimball\;0\;author\;Kimball\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kindleberger\;0\;author\;Kindleberger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:King\;0\;author\;King\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kirman\;0\;author\;Kirman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Klaau\;0\;author\;Klaau\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Klein\;0\;author\;Klein\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Klemm\;0\;author\;Klemm\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Klenow\;0\;author\;Klenow\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kleven\;0\;author\;Kleven\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kocherlakota\;0\;author\;Kocherlakota\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kohler\;0\;author\;Kohler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kohn\;0\;author\;Kohn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kollmann\;0\;author\;Kollmann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Komunjer\;0\;author\;Komunjer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Koopman\;0\;author\;Koopman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Koopmans\;0\;author\;Koopmans\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kopczuk\;0\;author\;Kopczuk\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kopecky\;0\;author\;Kopecky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Korenok\;0\;author\;Korenok\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kotlikoff\;0\;author\;Kotlikoff\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krajcir\;0\;author\;Krajcir\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krane\;0\;author\;Krane\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krebs\;0\;author\;Krebs\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kreiner\;0\;author\;Kreiner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kreinin\;0\;author\;Kreinin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kremer\;0\;author\;Kremer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kreps\;0\;author\;Kreps\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krisch\;0\;author\;Krisch\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krueger\;0\;author\;Krueger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krugman\;0\;author\;Krugman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krusell\;0\;author\;Krusell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kubota\;0\;author\;Kubota\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kuhnen\;0\;author\;Kuhnen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kuttner\;0\;author\;Kuttner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kyland\;0\;author\;Kyland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:L'{o}pez-Salido\;0\;author\;L'{o}pez-Salido\;0\;0\;1\;\;\;\;; -2 KeywordGroup:L`opez-Salido\;0\;author\;L`opez-Salido\;0\;0\;1\;\;\;\;; -2 KeywordGroup:LaRoque\;0\;author\;LaRoque\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Labeaga\;0\;author\;Labeaga\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Labhard\;0\;author\;Labhard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Labonte\;0\;author\;Labonte\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laforte\;0\;author\;Laforte\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lahiri\;0\;author\;Lahiri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laibson\;0\;author\;Laibson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laitner\;0\;author\;Laitner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Landsberger\;0\;author\;Landsberger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lane\;0\;author\;Lane\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lansing\;0\;author\;Lansing\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laroque\;0\;author\;Laroque\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lau\;0\;author\;Lau\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laubach\;0\;author\;Laubach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laurens\;0\;author\;Laurens\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lawrance\;0\;author\;Lawrance\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Le Blanc\;0\;author\;Le Blanc\;0\;0\;1\;\;\;\;; -2 KeywordGroup:LeBaron\;0\;author\;LeBaron\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lea\;0\;author\;Lea\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leahy\;0\;author\;Leahy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leape\;0\;author\;Leape\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lee\;0\;author\;Lee\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lehnert\;0\;author\;Lehnert\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leicester\;0\;author\;Leicester\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leigh\;0\;author\;Leigh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leland\;0\;author\;Leland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lelbang\;0\;author\;Lelbang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lettau\;0\;author\;Lettau\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Levin\;0\;author\;Levin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Levine\;0\;author\;Levine\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leybourne\;0\;author\;Leybourne\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Li\;0\;author\;Li\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Light\;0\;author\;Light\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lillard\;0\;author\;Lillard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lindbeck\;0\;author\;Lindbeck\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lippi\;0\;author\;Lippi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Littlewood\;0\;author\;Littlewood\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Liu\;0\;author\;Liu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ljungqvist\;0\;author\;Ljungqvist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ljunqvist\;0\;author\;Ljunqvist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Loayza\;0\;author\;Loayza\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Loehlin\;0\;author\;Loehlin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Loewenstein\;0\;author\;Loewenstein\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Longhofer\;0\;author\;Longhofer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lopez\;0\;author\;Lopez\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lopez-Salido\;0\;author\;Lopez-Salido\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lorenzoni\;0\;author\;Lorenzoni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Loungani\;0\;author\;Loungani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Low\;0\;author\;Low\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lucas\;0\;author\;Lucas\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ludovit\;0\;author\;Ludovit\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ludvigson\;0\;author\;Ludvigson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ludwig\;0\;author\;Ludwig\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Luegno-Prado\;0\;author\;Luegno-Prado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Luengo-Prado\;0\;author\;Luengo-Prado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lum\;0\;author\;Lum\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lund\;0\;author\;Lund\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lupton\;0\;author\;Lupton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lusardi\;0\;author\;Lusardi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lustig\;0\;author\;Lustig\;0\;0\;1\;\;\;\;; -2 KeywordGroup:L{"}unnemann\;0\;author\;L{"}unnemann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:L{"}utkepohl\;0\;author\;L{"}utkepohl\;0\;0\;1\;\;\;\;; -2 KeywordGroup:M'{e}litz\;0\;author\;M'{e}litz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:MaCurdy\;0\;author\;MaCurdy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ma'ckowiak\;0\;author\;Ma'ckowiak\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Macaulay\;0\;author\;Macaulay\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Maccini\;0\;author\;Maccini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mach\;0\;author\;Mach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Machin\;0\;author\;Machin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Macklem\;0\;author\;Macklem\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Madrian\;0\;author\;Madrian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Maenhout\;0\;author\;Maenhout\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mailath\;0\;author\;Mailath\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Maki\;0\;author\;Maki\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Maliar\;0\;author\;Maliar\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Manchester\;0\;author\;Manchester\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mangasarian\;0\;author\;Mangasarian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mankiw\;0\;author\;Mankiw\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mansfield\;0\;author\;Mansfield\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Marcet\;0\;author\;Marcet\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mariger\;0\;author\;Mariger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Marimon\;0\;author\;Marimon\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mark\;0\;author\;Mark\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Markowitz\;0\;author\;Markowitz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Marshall\;0\;author\;Marshall\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Martin\;0\;author\;Martin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Masciandaro\;0\;author\;Masciandaro\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Masson\;0\;author\;Masson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Math{"}a\;0\;author\;Math{"}a\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mayer\;0\;author\;Mayer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McCallum\;0\;author\;McCallum\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McCarthy\;0\;author\;McCarthy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McClelland\;0\;author\;McClelland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McClure\;0\;author\;McClure\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McCullough\;0\;author\;McCullough\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McFadden\;0\;author\;McFadden\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McGrattan\;0\;author\;McGrattan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McInnes\;0\;author\;McInnes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McKendrick\;0\;author\;McKendrick\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mc{C}arthy\;0\;author\;Mc{C}arthy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Meade\;0\;author\;Meade\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Meghir\;0\;author\;Meghir\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mehra\;0\;author\;Mehra\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Menchik\;0\;author\;Menchik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mendelson\;0\;author\;Mendelson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mendoza\;0\;author\;Mendoza\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Merton\;0\;author\;Merton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mian\;0\;author\;Mian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Michaelides\;0\;author\;Michaelides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Micklethwait\;0\;author\;Micklethwait\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Micklewright\;0\;author\;Micklewright\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Miles\;0\;author\;Miles\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Milesi-Ferretti\;0\;author\;Milesi-Ferretti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Miller\;0\;author\;Miller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Minehart\;0\;author\;Minehart\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mirman\;0\;author\;Mirman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mishkin\;0\;author\;Mishkin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mitchell\;0\;author\;Mitchell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Modigliani\;0\;author\;Modigliani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Moffitt\;0\;author\;Moffitt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Moore\;0\;author\;Moore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Moreira\;0\;author\;Moreira\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Morgan\;0\;author\;Morgan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Morris\;0\;author\;Morris\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mortensen\;0\;author\;Mortensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mroz\;0\;author\;Mroz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Muellbauer\;0\;author\;Muellbauer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mukherjee\;0\;author\;Mukherjee\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mulligan\;0\;author\;Mulligan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Munshi\;0\;author\;Munshi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Murata\;0\;author\;Murata\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Murphy\;0\;author\;Murphy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Muth\;0\;author\;Muth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:M{"u}nich\;0\;author\;M{"u}nich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:M{"}uller\;0\;author\;M{"}uller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:M{"}unich\;0\;author\;M{"}unich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Naik\;0\;author\;Naik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Nakagawa\;0\;author\;Nakagawa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Natalucci\;0\;author\;Natalucci\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Neave\;0\;author\;Neave\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Nelson\;0\;author\;Nelson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Neri\;0\;author\;Neri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Newbold\;0\;author\;Newbold\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Newey\;0\;author\;Newey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ng\;0\;author\;Ng\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Nielsen\;0\;author\;Nielsen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Norman\;0\;author\;Norman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Nyberg\;0\;author\;Nyberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:O'Donoghue\;0\;author\;O'Donoghue\;0\;0\;1\;\;\;\;; -2 KeywordGroup:O'Reilly\;0\;author\;O'Reilly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:OECD\;0\;author\;OECD\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Obstfeld\;0\;author\;Obstfeld\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ogaki\;0\;author\;Ogaki\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Okun\;0\;author\;Okun\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Oliner\;0\;author\;Oliner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Olivera\;0\;author\;Olivera\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Orazem\;0\;author\;Orazem\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Orlandi\;0\;author\;Orlandi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Orphanides\;0\;author\;Orphanides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Orr\;0\;author\;Orr\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ossolinski\;0\;author\;Ossolinski\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ostergaard\;0\;author\;Ostergaard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Osterloh\;0\;author\;Osterloh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ostry\;0\;author\;Ostry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ostuka\;0\;author\;Ostuka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Oswald\;0\;author\;Oswald\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Otoo\;0\;author\;Otoo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Otsuka\;0\;author\;Otsuka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Otto\;0\;author\;Otto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ouliaris\;0\;author\;Ouliaris\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Overland\;0\;author\;Overland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Owyang\;0\;author\;Owyang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pacheco\;0\;author\;Pacheco\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Padula\;0\;author\;Padula\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pagan\;0\;author\;Pagan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Page\;0\;author\;Page\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Paiella\;0\;author\;Paiella\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Painter\;0\;author\;Painter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Palmer\;0\;author\;Palmer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Palumbo\;0\;author\;Palumbo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Panousi\;0\;author\;Panousi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Parigi\;0\;author\;Parigi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Park\;0\;author\;Park\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Parker\;0\;author\;Parker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Parkin\;0\;author\;Parkin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Passmore\;0\;author\;Passmore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Patton\;0\;author\;Patton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Paulos\;0\;author\;Paulos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pavel\;0\;author\;Pavel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pavoni\;0\;author\;Pavoni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Paxson\;0\;author\;Paxson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Peach\;0\;author\;Peach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pedroni\;0\;author\;Pedroni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Peek\;0\;author\;Peek\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pemberton\;0\;author\;Pemberton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pendakur\;0\;author\;Pendakur\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Perri\;0\;author\;Perri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Perry\;0\;author\;Perry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Perry:\;0\;author\;Perry:\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pesaran\;0\;author\;Pesaran\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pesavento\;0\;author\;Pesavento\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Petersen\;0\;author\;Petersen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pham-Kanter\;0\;author\;Pham-Kanter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Phelps\;0\;author\;Phelps\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Phillips\;0\;author\;Phillips\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Piazessi\;0\;author\;Piazessi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Piazzesi\;0\;author\;Piazzesi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Picci\;0\;author\;Picci\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pichette\;0\;author\;Pichette\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Piergiorgio\;0\;author\;Piergiorgio\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Piger\;0\;author\;Piger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pigou\;0\;author\;Pigou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pindyck\;0\;author\;Pindyck\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pinker\;0\;author\;Pinker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pischke\;0\;author\;Pischke\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pissarides\;0\;author\;Pissarides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pistaferri\;0\;author\;Pistaferri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pivetta\;0\;author\;Pivetta\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ploner\;0\;author\;Ploner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Plosser\;0\;author\;Plosser\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pollack\;0\;author\;Pollack\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Polya\;0\;author\;Polya\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Porter\;0\;author\;Porter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Porteus\;0\;author\;Porteus\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Posen\;0\;author\;Posen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Postlewaite\;0\;author\;Postlewaite\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Poterba\;0\;author\;Poterba\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Powell\;0\;author\;Powell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Prasad\;0\;author\;Prasad\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pratt\;0\;author\;Pratt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Prescott\;0\;author\;Prescott\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Preston\;0\;author\;Preston\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Price\;0\;author\;Price\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Primiceri\;0\;author\;Primiceri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pritchett\;0\;author\;Pritchett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Quadrini\;0\;author\;Quadrini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Quah\;0\;author\;Quah\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Quigley\;0\;author\;Quigley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:R'{i}os-Rull\;0\;author\;R'{i}os-Rull\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rabin\;0\;author\;Rabin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rabushka\;0\;author\;Rabushka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rajan\;0\;author\;Rajan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ramey\;0\;author\;Ramey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ramos-Francia\;0\;author\;Ramos-Francia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ramsey\;0\;author\;Ramsey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ranci`ere\;0\;author\;Ranci`ere\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ravina\;0\;author\;Ravina\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ray\;0\;author\;Ray\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rebelo\;0\;author\;Rebelo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rebucci\;0\;author\;Rebucci\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Reichlin\;0\;author\;Reichlin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Reinhart\;0\;author\;Reinhart\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Reis\;0\;author\;Reis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Reiter\;0\;author\;Reiter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Remolona\;0\;author\;Remolona\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rendahl\;0\;author\;Rendahl\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Renelt\;0\;author\;Renelt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Repetto\;0\;author\;Repetto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rhee\;0\;author\;Rhee\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Richardson\;0\;author\;Richardson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rietz\;0\;author\;Rietz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rios-Rull\;0\;author\;Rios-Rull\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Roberts\;0\;author\;Roberts\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Robinson\;0\;author\;Robinson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rodgers\;0\;author\;Rodgers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rodr'{i}guez-Clare\;0\;author\;Rodr'{i}guez-Clare\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rodrik\;0\;author\;Rodrik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rogers\;0\;author\;Rogers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rogoff\;0\;author\;Rogoff\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Romer\;0\;author\;Romer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rosen\;0\;author\;Rosen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rosenzweig\;0\;author\;Rosenzweig\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rossi\;0\;author\;Rossi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rossi-Hansberg\;0\;author\;Rossi-Hansberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rotemberg\;0\;author\;Rotemberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Roth\;0\;author\;Roth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rothenberg\;0\;author\;Rothenberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rothschild\;0\;author\;Rothschild\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rudd\;0\;author\;Rudd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rudebusch\;0\;author\;Rudebusch\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Runciman\;0\;author\;Runciman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Runkle\;0\;author\;Runkle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rutstr"{o}m\;0\;author\;Rutstr"{o}m\;0\;0\;1\;\;\;\;; -2 KeywordGroup:SRBA\;0\;author\;SRBA\;0\;0\;1\;\;\;\;; -2 KeywordGroup:S/orensen\;0\;author\;S/orensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sabelhaus\;0\;author\;Sabelhaus\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sachs\;0\;author\;Sachs\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Saez\;0\;author\;Saez\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sahm\;0\;author\;Sahm\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sala-i-Martin\;0\;author\;Sala-i-Martin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Samiei\;0\;author\;Samiei\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sammartino\;0\;author\;Sammartino\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Samuelson\;0\;author\;Samuelson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Samwick\;0\;author\;Samwick\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sandmo\;0\;author\;Sandmo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sandri\;0\;author\;Sandri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Santa-Clara\;0\;author\;Santa-Clara\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sapienza\;0\;author\;Sapienza\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sargent\;0\;author\;Sargent\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sarin\;0\;author\;Sarin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sastre\;0\;author\;Sastre\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schechtman\;0\;author\;Schechtman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schectman\;0\;author\;Schectman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Scheinkman\;0\;author\;Scheinkman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schmidt-Hebbel\;0\;author\;Schmidt-Hebbel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schneider\;0\;author\;Schneider\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schoenholtz\;0\;author\;Schoenholtz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Scholz\;0\;author\;Scholz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schorfheide\;0\;author\;Schorfheide\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sch{"u}ndeln\;0\;author\;Sch{"u}ndeln\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sch{"}undeln\;0\;author\;Sch{"}undeln\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Scorcu\;0\;author\;Scorcu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Scott\;0\;author\;Scott\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Seater\;0\;author\;Seater\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Segalotto\;0\;author\;Segalotto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sen\;0\;author\;Sen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Serv'{e}n\;0\;author\;Serv'{e}n\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Serv{'e}n\;0\;author\;Serv{'e}n\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sethi\;0\;author\;Sethi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shapiro\;0\;author\;Shapiro\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shea\;0\;author\;Shea\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shefrin\;0\;author\;Shefrin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sheiner\;0\;author\;Sheiner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sheng\;0\;author\;Sheng\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shiller\;0\;author\;Shiller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shin\;0\;author\;Shin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shirvani\;0\;author\;Shirvani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shleifer\;0\;author\;Shleifer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shore\;0\;author\;Shore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sibley\;0\;author\;Sibley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sichel\;0\;author\;Sichel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Siegel\;0\;author\;Siegel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Siklos\;0\;author\;Siklos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Simon\;0\;author\;Simon\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Simoniv{c}\;0\;author\;Simoniv{c}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sims\;0\;author\;Sims\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sinai\;0\;author\;Sinai\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sirovatka\;0\;author\;Sirovatka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Skinner\;0\;author\;Skinner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Skyt Nielsen\;0\;author\;Skyt Nielsen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Slacalek\;0\;author\;Slacalek\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Slemrod\;0\;author\;Slemrod\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Slifman\;0\;author\;Slifman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Slok\;0\;author\;Slok\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sl{o}k\;0\;author\;Sl{o}k\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Smets\;0\;author\;Smets\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Smith\;0\;author\;Smith\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Solow\;0\;author\;Solow\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sommer\;0\;author\;Sommer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Song\;0\;author\;Song\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sorensen\;0\;author\;Sorensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Souleles\;0\;author\;Souleles\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sousa\;0\;author\;Sousa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stachurski\;0\;author\;Stachurski\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stadt\;0\;author\;Stadt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stafford\;0\;author\;Stafford\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Staiger\;0\;author\;Staiger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stanton\;0\;author\;Stanton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Starr-McCluer\;0\;author\;Starr-McCluer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Startz\;0\;author\;Startz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Steindel\;0\;author\;Steindel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sterne\;0\;author\;Sterne\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stigler\;0\;author\;Stigler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stock\;0\;author\;Stock\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stocker\;0\;author\;Stocker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stockman\;0\;author\;Stockman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stokey\;0\;author\;Stokey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Storesletten\;0\;author\;Storesletten\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Strotz\;0\;author\;Strotz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Subramanian\;0\;author\;Subramanian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Suen\;0\;author\;Suen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sufi\;0\;author\;Sufi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sukiassyan\;0\;author\;Sukiassyan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Summers\;0\;author\;Summers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sunde\;0\;author\;Sunde\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Svejnar\;0\;author\;Svejnar\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Swanson\;0\;author\;Swanson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Szeidl\;0\;author\;Szeidl\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tabellini\;0\;author\;Tabellini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Takehara\;0\;author\;Takehara\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tan\;0\;author\;Tan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tauchen\;0\;author\;Tauchen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tayler\;0\;author\;Tayler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Telmer\;0\;author\;Telmer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Teppa\;0\;author\;Teppa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Terlizzese\;0\;author\;Terlizzese\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Terrell\;0\;author\;Terrell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Terrones\;0\;author\;Terrones\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thaler\;0\;author\;Thaler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thimann\;0\;author\;Thimann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thomas Jr.\;0\;author\;Thomas Jr.\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thompson\;0\;author\;Thompson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thomson\;0\;author\;Thomson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Timmermann\;0\;author\;Timmermann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tinsley\;0\;author\;Tinsley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tlusty\;0\;author\;Tlusty\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tobacman\;0\;author\;Tobacman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tobin\;0\;author\;Tobin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Toche\;0\;author\;Toche\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tokuoka\;0\;author\;Tokuoka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Toma\;0\;author\;Toma\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Topel\;0\;author\;Topel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Torralba\;0\;author\;Torralba\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Townsend\;0\;author\;Townsend\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Trabandt\;0\;author\;Trabandt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tremblay\;0\;author\;Tremblay\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Trimbur\;0\;author\;Trimbur\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Trump\;0\;author\;Trump\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tullio Jappelli\;0\;author\;Tullio Jappelli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Turnovsky\;0\;author\;Turnovsky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tuttle\;0\;author\;Tuttle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tuzel\;0\;author\;Tuzel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Uccello\;0\;author\;Uccello\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Uhlig\;0\;author\;Uhlig\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Urich\;0\;author\;Urich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Uzawa\;0\;author\;Uzawa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Valderrama\;0\;author\;Valderrama\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Valencia\;0\;author\;Valencia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Valkanov\;0\;author\;Valkanov\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Valli\;0\;author\;Valli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Van Reenen\;0\;author\;Van Reenen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Veblen\;0\;author\;Veblen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Venti\;0\;author\;Venti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ventura\;0\;author\;Ventura\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Vermulen\;0\;author\;Vermulen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Viard\;0\;author\;Viard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Viceira\;0\;author\;Viceira\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Violante\;0\;author\;Violante\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Vissing-Jorgensen\;0\;author\;Vissing-Jorgensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Vodopivec\;0\;author\;Vodopivec\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Voss\;0\;author\;Voss\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wachtel\;0\;author\;Wachtel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wachter\;0\;author\;Wachter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wagner\;0\;author\;Wagner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wakker\;0\;author\;Wakker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wan\;0\;author\;Wan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wansbeek\;0\;author\;Wansbeek\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ward\;0\;author\;Ward\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Watanabe\;0\;author\;Watanabe\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Watson\;0\;author\;Watson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Watts\;0\;author\;Watts\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weber\;0\;author\;Weber\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wei\;0\;author\;Wei\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weibull\;0\;author\;Weibull\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weil\;0\;author\;Weil\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weinberg\;0\;author\;Weinberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weiner\;0\;author\;Weiner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weise\;0\;author\;Weise\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weiss\;0\;author\;Weiss\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Welch\;0\;author\;Welch\;0\;0\;1\;\;\;\;; -2 KeywordGroup:West\;0\;author\;West\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weth\;0\;author\;Weth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Whelan\;0\;author\;Whelan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:White\;0\;author\;White\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wiederholt\;0\;author\;Wiederholt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wilbratte\;0\;author\;Wilbratte\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wilcox\;0\;author\;Wilcox\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wilhelm\;0\;author\;Wilhelm\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Willen\;0\;author\;Willen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Williams\;0\;author\;Williams\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Williamson\;0\;author\;Williamson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Willis\;0\;author\;Willis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Willman\;0\;author\;Willman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wilson\;0\;author\;Wilson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wincoop\;0\;author\;Wincoop\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Winkler\;0\;author\;Winkler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wirjanto\;0\;author\;Wirjanto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wolfers\;0\;author\;Wolfers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wolman\;0\;author\;Wolman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Woodford\;0\;author\;Woodford\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wooldridge\;0\;author\;Wooldridge\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Working\;0\;author\;Working\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wouters\;0\;author\;Wouters\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wright\;0\;author\;Wright\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Xia\;0\;author\;Xia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Xiong\;0\;author\;Xiong\;0\;0\;1\;\;\;\;; -2 KeywordGroup:YEO\;0\;author\;YEO\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yamashita\;0\;author\;Yamashita\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yang\;0\;author\;Yang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yao\;0\;author\;Yao\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yaron\;0\;author\;Yaron\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yellen\;0\;author\;Yellen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yetman\;0\;author\;Yetman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yogo\;0\;author\;Yogo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yosha\;0\;author\;Yosha\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Young\;0\;author\;Young\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yuen\;0\;author\;Yuen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zechner\;0\;author\;Zechner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zeldes\;0\;author\;Zeldes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zeldes.\;0\;author\;Zeldes.\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zervos\;0\;author\;Zervos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zhang\;0\;author\;Zhang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zhou\;0\;author\;Zhou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zhu\;0\;author\;Zhu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zingales\;0\;author\;Zingales\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zivot\;0\;author\;Zivot\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zizlavsky\;0\;author\;Zizlavsky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zou\;0\;author\;Zou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zumer\;0\;author\;Zumer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:url{www.mortality.org}\;0\;author\;url{www.mortality.org}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Annika Sunden}\;0\;author\;{Annika Sunden}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Atkinson, Anthony B.}\;0\;author\;{Atkinson, Anthony B.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Auerbach, Alan J.}\;0\;author\;{Auerbach, Alan J.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Biv c'akov'a}\;0\;author\;{Biv c'akov'a}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Bizer, David S.}\;0\;author\;{Bizer, David S.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Board of Governors of the Federal Reserve System}\;0\;author\;{Board of Governors of the Federal Reserve System}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Browning, Martin}\;0\;author\;{Browning, Martin}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Bureau of Economic Analysis}\;0\;author\;{Bureau of Economic Analysis}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Bureau{~}of{~}Labor{~}Statistics}\;0\;author\;{Bureau{~}of{~}Labor{~}Statistics}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Campbell, John Y.}\;0\;author\;{Campbell, John Y.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Christiano, Lawrence J.}\;0\;author\;{Christiano, Lawrence J.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Christina H. Paxson}\;0\;author\;{Christina H. Paxson}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Council of Economic Advisers}\;0\;author\;{Council of Economic Advisers}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Council~of~Economic~Advisers}\;0\;author\;{Council~of~Economic~Advisers}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{David Renelt}\;0\;author\;{David Renelt}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Deaton, Angus S.}\;0\;author\;{Deaton, Angus S.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Del Negro}\;0\;author\;{Del Negro}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Den Haan}\;0\;author\;{Den Haan}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Diane L. Rogers}\;0\;author\;{Diane L. Rogers}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Edward C. Prescott}\;0\;author\;{Edward C. Prescott}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{European Central Bank}\;0\;author\;{European Central Bank}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Fullerton, Don}\;0\;author\;{Fullerton, Don}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Galuv sv c'ak}\;0\;author\;{Galuv sv c'ak}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Geoffrey Heal}\;0\;author\;{Geoffrey Heal}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Gill,~P.~E., W.~Murray}\;0\;author\;{Gill,~P.~E., W.~Murray}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Harald Uhlig}\;0\;author\;{Harald Uhlig}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{International Monetary Fund}\;0\;author\;{International Monetary Fund}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{J. Burbridge}\;0\;author\;{J. Burbridge}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Jones, L.~E., Rodolfo E.~Manuelli}\;0\;author\;{Jones, L.~E., Rodolfo E.~Manuelli}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Joseph E. Stiglitz}\;0\;author\;{Joseph E. Stiglitz}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Jurajda}\;0\;author\;{Jurajda}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Kenneth L. Judd}\;0\;author\;{Kenneth L. Judd}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Kennickell, Arthur B.}\;0\;author\;{Kennickell, Arthur B.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{King, Robert G.}\;0\;author\;{King, Robert G.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Kydland, Finn E.}\;0\;author\;{Kydland, Finn E.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Laurence J. Kotlikoff}\;0\;author\;{Laurence J. Kotlikoff}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Levine, Ross E.}\;0\;author\;{Levine, Ross E.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Lucas, Robert E.}\;0\;author\;{Lucas, Robert E.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Luengo-Prado}\;0\;author\;{Luengo-Prado}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{M.~H.~Wright}\;0\;author\;{M.~H.~Wright}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Martin Eichenbaum}\;0\;author\;{Martin Eichenbaum}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Milesi-Ferretti, Gian~Maria}\;0\;author\;{Milesi-Ferretti, Gian~Maria}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Mulligan, Casey B.}\;0\;author\;{Mulligan, Casey B.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Nelson, Charles R.}\;0\;author\;{Nelson, Charles R.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Nouriel Roubini}\;0\;author\;{Nouriel Roubini}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Osterwald--Lenum}\;0\;author\;{Osterwald--Lenum}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{P.~E.~Rossi}\;0\;author\;{P.~E.~Rossi}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Parente, Steven L.}\;0\;author\;{Parente, Steven L.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Ryder, Harl}\;0\;author\;{Ryder, Harl}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{So rensen}\;0\;author\;{So rensen}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Sala-i-Martin}\;0\;author\;{Sala-i-Martin}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Sergio T. Rebelo}\;0\;author\;{Sergio T. Rebelo}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Slav c'alek}\;0\;author\;{Slav c'alek}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Slav'i k}\;0\;author\;{Slav'i k}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Sl{o}k}\;0\;author\;{Sl{o}k}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Staiger, Douglas}\;0\;author\;{Staiger, Douglas}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Stokey, Nancy L.}\;0\;author\;{Stokey, Nancy L.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Survey of Consumer Finances}\;0\;author\;{Survey of Consumer Finances}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Taylor, John B.}\;0\;author\;{Taylor, John B.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Van Nieuwerburgh}\;0\;author\;{Van Nieuwerburgh}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Van Reenen}\;0\;author\;{Van Reenen}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Vissing-Jo rgensen}\;0\;author\;{Vissing-Jo rgensen}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Xavier Sala-i-Martin}\;0\;author\;{Xavier Sala-i-Martin}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Zubrick'y}\;0\;author\;{Zubrick'y}\;0\;0\;1\;\;\;\;; -1 StaticGroup:Flavin\;0\;1\;\;\;\;; -1 KeywordGroup:JirkasEntries\;0\;owner\;jirka\;0\;0\;1\;\;\;\;; -} - -@Comment{jabref-meta: groupsversion: -3; -} - -@Comment{jabref-meta: selector_Author:Norman;} - -@Comment{jabref-meta: selector_author:Norman;} - -@Comment{jabref-entrytype: Header: req[] opt[]} - -@Comment{jabref-entrytype: Inprogress: req[author;title;year;journal] opt[]} - -@string{aer = {american economic review}} - -@string{aerpp = {american economic review (papers and proceedings)}} - -@string{bell = {bell journal of economics}} - -@string{bibrary = {/volumes/sync/dropbox/bib/raw/bycitekey/}} - -@string{bje = {bell journal of economics}} - -@string{bpea = {brookings papers on economic activity}} - -@string{cr = {carnegie-rochester conference series on public policy}} - -@string{crcs = {carnegie-rochester conference series on public policy}} - -@string{eer = {european economic review}} - -@string{el = {economics letters}} - -@string{ema = {econometrica}} - -@string{games = {games and economic behavior}} - -@string{jbes = {journal of business and economic statistics}} - -@string{je = {journal of econometrics}} - -@string{jedc = {journal of economic dynamics and control}} - -@string{jel = {journal of economic literature}} - -@string{jep = {journal of economic perspectives}} - -@string{jet = {journal of economic theory}} - -@string{jf = {journal of finance}} - -@string{jfe = {journal of financial economics}} - -@string{jhr = {journal of human resources}} - -@string{jle = {journal of law and economics}} - -@string{jmcb = {journal of money, credit, and banking}} - -@string{jme = {journal of monetary economics}} - -@string{jmetrics = {journal of econometrics}} - -@string{jole = {journal of labor economics}} - -@string{jpe = {journal of political economy}} - -@string{jpube = {journal of public economics}} - -@string{md = {macroeconomic dynamics}} - -@string{mlr = {monthly labor review}} - -@string{nberma = {n.b.e.r. macroeconomics annual}} - -@string{nberwp = {national bureau of economic research working paper}} - -@string{qje = {quarterly journal of economics}} - -@string{rand = {rand journal of economics}} - -@string{restat = {review of economics and statistics}} - -@string{restud = {review of economic studies}} - -@string{rfs = {review of financial studies}} - -@string{rje = {rand journal of economics}} diff --git a/docs/texmf-local/bibtex/bib/economics.bib b/docs/texmf-local/bibtex/bib/economics.bib deleted file mode 100644 index f39a29b2b..000000000 --- a/docs/texmf-local/bibtex/bib/economics.bib +++ /dev/null @@ -1,23239 +0,0 @@ -% Encoding: ISO-8859-1 - - - -,-------------------. -| PREAMBLE | -`-------------------' - -@preamble{ "\providecommand{\noopsort}[1]{} - \providecommand{\singleletter}[1]{#1} " -} - -,-------------------. -| BIBTEX ENTRIES | -`-------------------' - -@article{cAndCwithStickyE, -Author = {Carroll, Christopher D. and Crawley, Edmund and Slacalek, Jiri and Tokuoka, Kiichi and White, Matthew N.}, -Title = {Sticky Expectations and Consumption Dynamics}, -Journal = {American Economic Journal: Macroeconomics}, -Volume = {12}, -Number = {3}, -Year = {2020}, -Month = {July}, -Pages = {40-76}, -DOI = {10.1257/mac.20180286}, -URL = {https://www.aeaweb.org/articles?id=10.1257/mac.20180286}} - -@article{10.1257/mac.20180286, -Author = {Carroll, Christopher D. and Crawley, Edmund and Slacalek, Jiri and Tokuoka, Kiichi and White, Matthew N.}, -Title = {Sticky Expectations and Consumption Dynamics}, -Journal = {American Economic Journal: Macroeconomics}, -Volume = {12}, -Number = {3}, -Year = {2020}, -Month = {July}, -Pages = {40-76}, -DOI = {10.1257/mac.20180286}, -URL = {https://www.aeaweb.org/articles?id=10.1257/mac.20180286}} - -@article{saQuantitative, - title={Quantitative approximation of the probability distribution of a Markov process by formal abstractions}, - author={Soudjani, Sadegh~Esmaeil~Zadeh and Abate, Alessandro}, - journal={Logical Methods in Computer Science}, - volume={11}, - nuber={3}, - pages={1--29}, - year={2015} -} - -@article{denmark_pandemics, - author = {Asger Lau Andersen and Emil Toft Hansen and Niels Johannesen and Adam Sheridan}, - journal = {Covid Economics}, - volume = {7}, - pages = {88--111}, - title = {Consumer Responses to the COVID-19 Crisis: Evidence from Bank Account Transaction Data}, - year = {2020}, -} - -@techreport{hkpMemory, - title = {On the Welfare Cost of Consumption Fluctuations in the Presence of Memorable Goods}, - author = {Hai, Rong and Krueger, Dirk and Postlewaite, Andrew}, - institution = {National Bureau of Economic Research}, - type = {working paper}, - number = {19386}, - year = {2013}, -} - -@inproceedings{carroll_et_al-proc-scipy-2018, - author = {Christopher D. Carroll and - Alexander M. Kaufman and - Jacqueline L. Kazil and Nathan M. Palmer and - Matthew N. White}, - booktitle = {{P}roceedings of the 17th {P}ython in {S}cience - {C}onference}, - editor = {{F}atih {A}kici and {D}avid {L}ippa and - {D}illon {N}iederhut and {M} {P}acer}, - pages = {25 - 30}, - title = {{T}he {E}con-{A}{R}{K} and {H}{A}{R}{K}: {O}pen - {S}ource {T}ools for {C}omputational {E}conomics}, - year = {2018}, - note = {doi: \href{https://doi.org/10.5281/zenodo.1001067}{10.5281/zenodo.1001067}}, -} - -@techreport{hkpMemory, - title = {On the Welfare Cost of Consumption Fluctuations in the Presence of Memorable Goods}, - author = {Hai, Rong and Krueger, Dirk and Postlewaite, Andrew}, - institution = {National Bureau of Economic Research}, - type = {working paper}, - number = {19386}, - year = {2013}, -} - - -@article{denmark_pandemics, - author = {Asger Lau Andersen and Emil Toft Hansen and Niels Johannesen and Adam Sheridan}, - journal = {Covid Economics}, - volume = {7}, - pages = {88--111}, - title = {Consumer Responses to the COVID-19 Crisis: Evidence from Bank Account Transaction Data}, - year = {2020}, -} - -@article{rsHANKandSAM, - title={Macroeconomic fluctuations with HANK \& SAM: An analytical approach}, - author={Ravn, Morten O and Sterk, Vincent}, - year={2016}, - publisher={CEPR Discussion Paper No. DP11696} -} - -@article{bblShocks, - title = {Shocks and Frictions in US Business Cycles with Heterogeneous Agents}, - year = {2019}, - month = {September}, - journal = {Manuscript, University College London}, - author = {Bayer, Christian and Benjamin Born and Ralph Luetticke}, -} - -@article{bptRisk, - title = {Precautionary Savings, Illiquid Assets, and the Aggregate Consequences of Shocks to Household Income Risk}, - author = {Bayer, Christian and Ralph Luetticke and Lien Pham-Dao and Volker Tjaden}, - journal = {Econometrica}, - year = {2019}, - volume = {87} -} - - -@article{gdTANK, - title={Monetary policy with heterogeneous agents: Insights from TANK models}, - author={Debortoli, Davide and Gal{\'\i}, Jordi and others}, - journal={Manuscript, September}, - year={2017} -} - -@techreport{dhmEarningsDynamics, - title = "Improving the Measurement of Earnings Dynamics", - author = "Daly, Moira and Hryshko, Dmytro and Manovskii, Iourii", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "22938", - year = "2016", - month = "December", - doi = {10.3386/w22938}, - URL = "http://www.nber.org/papers/w22938", - abstract = {The stochastic process for earnings is the key element of incomplete markets models in modern quantitative macroeconomics. We show that a simple modification of the canonical process used in the literature leads to a dramatic improvement in the measurement of earnings dynamics in administrative and survey data alike. Empirically, earnings at the start or end of earnings spells are lower and more volatile than the observations in the interior of earnings histories, reflecting the effects of working less than the full year as well as deviations of wages due to e.g. tenure effects. Ignoring these properties of earnings, as is standard in the literature, leads to a substantial mismeasurement of the variances of permanent and transitory shocks and induces the large and widely documented divergence in the estimates of these variances based on fitting the earnings moments in levels or growth rates. Accounting for these effects enables more accurate analysis using quantitative models with permanent and transitory earnings risk, and improves empirical estimates of consumption insurance against permanent earnings shocks.}, -} - -@article{ccswCovidCares, - title = {Modeling the Consumption Response to the CARES Act}, - author = {Christopher D. Carroll and Edmund Crawley and Jiri Slacalek and Matthew N. White}, - journal={Covid Economics}, - pages = {62--86}, - issue = {10}, - year = {2020}, - month = {April}, - doi = {10.5281/zenodo.3803590}, - url = {https://econ-ark.github.com/Pandemic} -} - -@inproceedings{saDiscrete, - address = {Berlin, Heidelberg}, - title = {Precise approximations of the probability distribution of a markov process in time: {An} application to probabilistic invariance}, - isbn = {978-3-642-54862-8}, - abstract = {The goal of this work is to formally abstract a Markov process evolving over a general state space as a finite-state Markov chain, with the objective of precisely approximating the state probability distribution of the Markov process in time. The approach uses a partition of the state space and is based on the computation of the average transition probability between partition sets. In the case of unbounded state spaces, a procedure for precisely truncating the state space within a compact set is provided, together with an error bound that depends on the asymptotic properties of the transition kernel of the Markov process. In the case of compact state spaces, the work provides error bounds that depend on the diameters of the partitions, and as such the errors can be tuned. The method is applied to the problem of computing probabilistic invariance of the model under study, and the result is compared to an alternative approach in the literature.}, - booktitle = {Tools and algorithms for the construction and analysis of systems}, - publisher = {Springer Berlin Heidelberg}, - author = {Soudjani, Sadegh~Esmaeil~Zadeh and Abate, Alessandro}, - editor = {Abraham, Erika and Havelund, Klaus}, - year = {2014}, - pages = {547--561}, - doi = {10.1007/978-3-642-54862-8_45} -} - -@techreport{hkpMemorySSRN, - title = "On the Welfare Cost of Consumption Fluctuations in the Presence of Memorable Goods", - author = "Hai, Rong and Krueger, Dirk and Postlewaite, Andrew", - type = "Working Paper", - institution = "SSRN", - year = {2018}, - URL = "https://ssrn.com/abstract=3263498", - abstract = {We propose a new classification of consumption goods into nondurable goods, durable goods and a new class which we call "memorable" goods. A good is memorable if a consumer can draw current utility from its past consumption experience through memory. We propose a novel consumption-savings model in which a consumer has a well-defined preference ordering over both nondurable goods and memorable goods. Memorable goods consumption differs from nondurable goods consumption in that current memorable goods consumption may also impact future utility through the accumulation process of the stock of memory. In our model, households optimally choose a lumpy profile of memorable goods consumption even in a frictionless world. Using Consumer Expenditure Survey data, we then document levels and volatilities of different groups of consumption goods expenditures, as well as their expenditure patterns, and show that the expenditure patterns on memorable goods indeed differ significantly from those on nondurable and durable goods. Finally, we empirically evaluate our model's predictions with respect to the welfare cost of consumption fluctuations and conduct an excess-sensitivity test of the consumption response to predictable income changes. We find that (i) the welfare cost of household-level consumption fluctuations may be overstated by 1.7 percentage points (11.9\% points as opposed to 13.6\% points of permanent consumption) if memorable goods are not appropriately accounted for; (ii) the finding of excess sensitivity of consumption documented in important papers of the literature might be entirely due to the presence of memorable goods.}, -} - -@article{healthWealth, - author = {Andrew Glover and Jonathan Heathcote and Dirk Krueger and - Jos{\'e}-V{\'\i}ctor R{\'\i}os-Rull}, - journal = {Covid Economics}, - volume = {6}, - pages = {22--64}, - title = {Health versus Wealth: On the Distributional Effects - of Controlling a Pandemic}, - year = {2020}, -} -@article{faria_FPpandemic, - author = {Miguel {Faria-e-Castro}}, - journal = {Covid Economics}, - volume = {2}, - pages = {67--101}, - title = {Fiscal Policy during a Pandemic}, - year = {2020}, -} - -@article{jorda_pandemics, - author = {Jorda, Oscar and Singh, Sanjay R. and Taylor, Alan M.}, - journal = {Covid Economics}, - volume = {1}, - pages = {1--15}, - title = {Longer-run Economic Consequences of Pandemics}, - year = {2020}, -} - - -@techreport{bblmMultiplier, -author={Christian Bayer and Benjamin Born and Ralph Luetticke and Gernot Muller}, -title ={The Coronavirus Stimulus Package: How Large is the Transfer Multiplier?}, -institution={Centre for Economic Policy Research}, -year={2020}, -month={April}, -type={Working Paper}, -journal={CEPR Working Paper DP14600}, -url={https://portal.cepr.org/discussion-paper/16193} -} - -@techreport{BickBlandin2020, - author = {Alexander Bick and Adam Blandin}, - month = {April}, - type = {Working paper}, - institution = {Arizona State University}, - title = {Real Time Labor Market Estimates During the 2020 Coronavirus Outbreak}, - year = {2020}, - url = {https://alexbick.weebly.com/uploads/1/0/1/3/101306056/bb_covid.pdf}, -} - -@TechReport{bayer_corona, - author = {Christian Bayer and Benjamin Born and Ralph Luetticke and Gernot J. M\"{u}ller}, - title = {The Coronavirus Stimulus Package: How Large Is the Transfer Multiplier?}, - year = {2020}, - type = {discussion paper}, - institution = {CEPR}, - number = {14600}, -} - -@techreport{ConsumptionResponse, - author = {Carroll, Christopher D. and Edmund Crawley and Jiri Slacalek and Matthew White}, - title = {Modeling the Consumption Response to the CARES Act}, - journal= {\href{https://github.com/econ-ark.org}{Econ-ARK Project}}, - year = {2020}, -} - -@techreport{SpanishSpending, - author={Carvalho, V.M and J.R. Garcia and S. Hansen and A. Ortiz and T. Rodrigo and J.V. Mora Rodriguez and J. Ruiz}, - year={2020}, - title={Tracking the COVID-19 Crisis with High-Resolution Transaction Data}, - journal={Cambridge Working Papers in Economics CWPE2030)}, - institution={Cambridge University} -} - - -@techreport{krugman_corona, - title = {Notes on Coronacoma Economics}, - author = {Paul Krugman}, - institution = {City University of New York}, - type = {mimeo}, - year = {2020}, -} - -@techreport{covid_USsurvey, - title = {Inequality in the Impact of the Coronavirus Shock: New Survey Evidence for the US}, - author = {Abi {Adams-Prassl} and Teodora Boneva and Marta Golin and Christopher Rauh}, - institution = {Oxford University}, - type = {mimeo}, - year = {2020}, -} - - - -@techreport{SwagelCBO2020, - author = {Swagel, Phill}, - institution = {Congressional Budget Office}, - month = {April}, - type = {Blog post}, - title = {Updating CBO's Economic Forecast to Account for the Pandemic}, - year = {2020}, - url = {https://www.cbo.gov/publication/56314} -} - - -@article{cyranoski_we_2020, - title = {`{We} need to be alert': {Scientists} fear second coronavirus wave as {China}'s lockdowns ease}, - copyright = {2020 Nature}, - shorttitle = {`{We} need to be alert'}, - url = {https://www.nature.com/articles/d41586-020-00938-0}, - doi = {10.1038/d41586-020-00938-0}, - abstract = {Other countries on lockdown will be watching for a resurgence of infections in Hubei province now that travel restrictions are lifting.}, - language = {en}, - urldate = {2020-04-10}, - journal = {Nature}, - author = {Cyranoski, David}, - month = mar, - year = {2020}, - file = {Snapshot:C\:\\Users\\edmun\\Zotero\\storage\\VZAC6KGJ\\d41586-020-00938-0.html:text/html} -} - -@techreport{verner_pandemics, - title = {Pandemics Depress the Economy, Public Health Interventions Do Not: Evidence from the 1918 Flu}, - author = {Sergio Correia and Stephan Luck and Emil Verner}, - institution = {MIT Sloan}, - type = {mimeo}, - year = {2020}, -} - - -@TechReport{ert_covid, - author={Eichenbaum, Martin S. and Rebelo, Sergio and Trabandt, Mathias}, - title={The Macroeconomics of Epidemics}, - year=2020, - type={working paper}, - institution={National Bureau of Economic Research}, - number = {26882}, -} - -@TechReport{aal_covid, - author={Fernando Alvarez and David Argente and Francesco Lippi}, - title={A Simple Planning Problem for {COVID}-19 Lockdown}, - year=2020, - type={ BFI working paper}, - institution={University of Chicago}, - number = {34}, -} - - -@TechReport{covidMacroImpl, - author={Guerrieri, Veronica and Lorenzoni, Guido and Straub, Ludwig and Werning, Ivan}, - title={Macroeconomic Implications of {COVID}-19: Can Negative Supply Shocks Cause Demand Shortages?}, - year=2020, - type={working paper}, - institution={National Bureau of Economic Research}, - number = {26918}, -} - - -@TechReport{kmv_pandemics, - author={Greg Kaplan and Benjamin Moll and Giovanni L. Violante}, - title={Pandemics According to HANK}, - year=2020, - institution={Princeton University}, - type={mimeo}, -} - -@InCollection{akmwwInequality-Discuss, - author={Christopher D. Carroll and Edmund Crawley}, - title={Comment on `When Inequality Matters for Macro and Macro Matters for Inequality'}, - booktitle={{NBER Macroeconomics Annual}}, - publisher={National Bureau of Economic Research}, - year=2017, - month={April}, - volume={32}, - pages={76--92}, -} - -@ARTICLE{carroll_EGM, - author = {Christopher D. Carroll}, - title = {The Method of Endogenous Gridpoints for Solving Dynamic Stochastic - Optimization Problems}, - journal = {Economics Letters}, - year = {2006}, - volume = {91}, - pages = {312--320}, - number = {3} -} - -@misc{nyFedCoronaBlog, - author = {Olivier Armantier and Gizem Kosar and Rachel Pomerantz and Daphne Skandalis and Kyle Smith and Giorgio Topa and Wilbert {van der Klaauw}}, - howpublished = - {\href{https://libertystreeteconomics.newyorkfed.org/2020/04/coronavirus-outbreak-sends-consumer-expectations-plummeting.html}{URL - link retrieved on 04/07/2020 \texttt{here}.}}, - journal = {Liberty Street Economics}, - number = {April 6}, - type = {Blog}, - title = {Coronavirus Outbreak Sends Consumer Expectations Plummeting}, - year = {2020}, -} - - - -@techreport{baker_Cpandemic, - title = {How Does Household Spending Respond to an Epidemic? Consumption During the 2020 COVID-19 Pandemic}, - author = {Baker, Scott R. and Farrokhnia, R. A. and Meyer, Steffen and Pagel, Michaela and Yannelis, Constantine}, - institution = {National Bureau of Economic Research}, - type = {working paper}, - number = {26949}, - year = {2020}, -} - -@InProceedings{carroll_et_al-proc-scipy-2018, - author = { {C}hristopher {D}. {C}arroll and {A}lexander {M}. {K}aufman and {J}acqueline {L}. {K}azil and {N}athan {M}. {P}almer and {M}atthew {N}. {W}hite }, - title = { {T}he {E}con-{A}{R}{K} and {H}{A}{R}{K}: {O}pen {S}ource {T}ools for {C}omputational {E}conomics }, - booktitle = { {P}roceedings of the 17th {P}ython in {S}cience {C}onference }, - pages = { 25 - 30 }, - year = { 2018 }, - editor = { {F}atih {A}kici and {D}avid {L}ippa and {D}illon {N}iederhut and {M} {P}acer }, - doi = { 10.25080/Majora-4af1f417-004 } -} - -@misc{matthew_n_white_2017_1001068, - author = {Christopher D Carroll and Matthew N White and - Team Econ-ARK}, - month = Oct, - note = {Available at via doi:10.5281/zenodo.1001068 or at - \url{https://doi.org/10.5281/zenodo.1001068}}, - title = {econ-ark/HARK: 0.8.0}, - year = {2017}, - doi = {10.5281/zenodo.1001068}, - url = {https://doi.org/10.5281/zenodo.1001068}, -} - -@article{hrsHabit, - author = {Havranek, Tomas and Rusnak, Marek and Sokolova, Anna}, - journal = {European Economic Review}, - pages = {142--167}, - publisher = {Elsevier}, - title = {Habit formation in consumption: A meta-analysis}, - volume = {95}, - year = {2017}, - doi = {10.1016/j.euroecorev.2017.03.009}, - url = {https://doi.org/10.1016/j.euroecorev.2017.03.009}, -} - -@article{cdSmooth, - author = {Campbell, John and Deaton, Angus}, - journal = {The Review of Economic Studies}, - month = {jul}, - note = {\url{http://www.jstor.org/stable/2297552}}, - number = {3}, - pages = {357--373}, - publisher = {The Review of Economic Studies Ltd.}, - title = {{W}hy is {C}onsumption {S}o {S}mooth?}, - volume = {56}, - year = {1989}, - abstract = {For thirty years it has been accepted that - consumption is smooth because permanent income is - smoother than measured income. This paper considers - the evidence for the contrary position, that - permanent income is in fact less smooth than measured - income, so that the smoothness of consumption cannot - be straightforwardly explained by permanent income - theory. The paper argues that in postwar U.S. - quarterly data, consumption is smooth because it - responds with a lag to changes in income.}, - issn = {0034-6527}, - url = {http://www.jstor.org/stable/2297552}, -} - -@article{hallRandomWalk, - author = {Hall, Robert E.}, - journal = {Journal of Political Economy}, - note = {Available at - {\url{http://www.stanford.edu/~rehall/Stochastic-JPE-Dec-1978.pdf}}}, - pages = {971--87}, - title = {Stochastic Implications of the Life-Cycle/Permanent - Income Hypothesis: Theory and Evidence}, - volume = {96}, - year = {1978}, - url = {http://www.stanford.edu/~rehall/Stochastic-JPE-Dec- - 1978.pdf}, -} - -@article{mrSlumps, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - journal = {Quarterly Journal of Economics}, - month = {November}, - number = {4}, - pages = {1295--1328}, - title = {Sticky Information Versus Sticky Prices: A Proposal - to Replace the New Keynesian Phillips Curve}, - volume = {117}, - year = {2002}, -} - -@article{carroll:epidemicinflQJE, - author = {Carroll, Christopher D.}, - journal = {Quarterly Journal of Economics}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/epidemiologyQJE.pdf}}, - number = {1}, - pages = {269--298}, - title = {{M}acroeconomic {E}xpectations of {H}ouseholds and - {P}rofessional {F}orecasters}, - volume = {118}, - year = {2003}, - url = {https://www.econ2.jhu.edu/people/ccarroll/epidemiologyQJE.pdf}, -} - -@article{dynanHabits, - author = {Dynan, Karen E.}, - journal = {American Economic Review}, - note = {\url{http://www.jstor.org/stable/117335}}, - number = {3}, - title = {Habit Formation in Consumer Preferences: Evidence - from Panel Data}, - volume = {90}, - year = {2000}, - url = {http://www.jstor.org/stable/117335}, -} - -@article{ayNearRational, - author = {Akerlof, George A. and Janet L. Yellen}, - journal = {The Quarterly Journal of Economics}, - number = {5}, - pages = {823--38}, - title = {A Near-rational Model of the Business Cycle, with - Wage and Price Intertia}, - volume = {100}, - year = {1985}, -} - -@techreport{arsInvestmentInattention, - author = {Adrien Auclert and Matthew Rognlie and Ludwig Straub}, - institution = {Stanford University}, - type = {mimeo}, - title = {Investment, Heterogeneity, and Inattention}, - year = {2019}, -} - -@article{pischkeMicroMacro, - author = {Pischke, J{\"o}rn-Steffen}, - journal = {Econometrica}, - number = {4}, - pages = {805--40}, - title = {Individual Income, Incomplete Information, and - Aggregate Consumption}, - volume = {63}, - year = {1995}, -} - -@article{simsInattention, - author = {Sims, Christopher}, - journal = {Journal of Monetary Economics}, - note = {available at - \url{http://ideas.repec.org/a/eee/moneco/v50y2003i3p665-690.html}}, - number = {3}, - pages = {665--690}, - title = {Implications of Rational Inattention}, - volume = {50}, - year = {2003}, -} - -@article{gabaixSparsityQJE, - author = {Xavier Gabaix}, - journal = {The Quarterly Journal of Economics}, - number = {4}, - pages = {1661--1710}, - title = {A Sparsity-Based Model of Bounded Rationality}, - volume = {129}, - year = {2014}, - url = {https://ideas.repec.org/a/oup/qjecon/v129y2014i4p1661- - 1710.html}, -} - -@article{reis:inattentive, - author = {Reis, Ricardo}, - journal = {Journal of Monetary Economics}, - number = {8}, - pages = {1761--1800}, - publisher = {Elsevier}, - title = {Inattentive Consumers}, - volume = {53}, - year = {2006}, -} - -@article{mw09:RI, - author = {Ma\'{c}kowiak, Bartosz and Mirko Wiederholt}, - journal = {American Economic Review}, - month = {June}, - number = {3}, - pages = {769-803}, - title = {{Optimal Sticky Prices under Rational Inattention}}, - volume = {99}, - year = {2009}, - abstract = {This paper presents a model in which price setting - firms decide what to pay attention to, subject to a - constraint on information flow. When idiosyncratic - conditions are more variable or more important than - aggregate conditions, firms pay more attention to - idiosyncratic conditions than to aggregate - conditions. When we calibrate the model to match the - large average absolute size of price changes observed - in micro data, prices react fast and by large amounts - to idiosyncratic shocks, but only slowly and by small - amounts to nominal shocks. Nominal shocks have strong - and persistent real effects. (JEL D21, D83, E31, - E52)}, - doi = {}, - url = {https://ideas.repec.org/a/aea/aecrev/v99y2009i3p769- - 803.html}, -} - -@article{mackWiedREStud15, - author = {Ma\'{c}kowiak, Bartosz and Wiederholt, Mirko}, - journal = {The Review of Economic Studies}, - number = {4}, - pages = {1502--1532}, - title = {Business Cycle Dynamics under Rational Inattention}, - volume = {82}, - year = {2015}, - doi = {10.1093/restud/rdv027}, - url = {+ http://dx.doi.org/10.1093/restud/rdv027}, -} - -@article{LuoRinGE, - author = {Yulei Luo and Jun Nie and Gaowang Wang and - Eric R. Young}, - journal = {Journal of Economic Theory}, - pages = {55--87}, - title = {Rational Inattention and the Dynamics of Consumption - and Wealth in General Equilibrium}, - volume = {172}, - year = {2017}, -} - -@article{luo:inatC, - author = {Yulei Luo}, - journal = {Review of Economic Dynamics}, - number = {2}, - pages = {366--385}, - title = {Consumption Dynamics under Information Processing - Constraints}, - volume = {11}, - year = {2008}, -} - -@article{sims_beyondLQ, - author = {Christopher A. Sims}, - journal = {American Economic Review}, - month = {May}, - number = {2}, - pages = {158--163}, - title = {Rational Inattention: Beyond the Linear--Quadratic - Case}, - volume = {96}, - year = {2006}, -} - -@article{tutino_RIconsumption, - author = {Antonella Tutino}, - journal = {Review of Economic Dynamics}, - month = {July}, - number = {3}, - pages = {421--439}, - title = {Rationally Inattentive Consumption Choices}, - volume = {16}, - year = {2013}, -} - -@incollection{woodfordImperfect, - address = {Princeton}, - author = {Woodford, Michael}, - booktitle = {Knowledge, Information and Expectations in Modern - Macroeconomics}, - editor = {Aghion, P. and R. Frydman and J. Stiglitz and - M. Woodford}, - publisher = {Princeton University Press}, - title = {Imperfect Common Knowledge and the Effects of - Monetary Policy}, - year = {2002}, - abstract = {This paper reconsiders the Phelps-Lucas hypothesis, - according to which temporary real effects of purely - nominal disturbances result from imperfect - information, but departs from the assumptions of - Lucas (1973) in two crucial respects. Due to - monopolistically competitive pricing, higher-order - expectations are crucial for aggregate inflation - dynamics, as argued by Phelps (1983). And - decisionmakers' subjective perceptions of current - conditions are assumed to be of imperfect precision, - owing to finite information processing capacity, as - argued by Sims (2001). The model can explain highly - persistent real effects of a monetary disturbance, - and a delayed effect on inflation, as found in VAR - studies.}, - url = {http://EconPapers.repec.org/RePEc:nbr:nberwo:8673}, -} - -@article{msInertiaAER, - author = {Stephen Morris and Hyun Song Shin}, - journal = {The American Economic Review}, - number = {2}, - pages = {152--157}, - publisher = {American Economic Association}, - title = {Inertia of Forward-Looking Expectations}, - volume = {96}, - year = {2006}, - issn = {00028282}, - url = {http://www.jstor.org/stable/30034632}, -} - -@article{muthOptimal, - author = {Muth, John F.}, - journal = {Journal of the American Statistical Association}, - number = {290}, - pages = {299--306}, - title = {Optimal Properties of Exponentially Weighted - Forecasts}, - volume = {55}, - year = {1960}, -} - -@article{lucas:imperfectInfo, - author = {Lucas, Robert E.}, - journal = {American Economic Review}, - month = {June}, - number = {3}, - pages = {326--334}, - title = {Some International Evidence on Output-Inflation - Tradeoffs}, - volume = {63}, - year = {1973}, -} - -@article{ludvigson&michaelides:excesses, - author = {Ludvigson, Sydney and Alexander Michaelides}, - journal = {American Economic Review}, - month = {June}, - number = {3}, - pages = {631--647}, - title = {Does Buffer Stock Saving Explain the Smoothness and - Excess Sensitivity of Consumption?}, - volume = {91}, - year = {2001}, -} - -@techreport{fhnMPC, - author = {Andreas Fagereng and Martin B. Holm and - Gisle J. Natvik}, - institution = {Statistics Norway}, - type = {discussion paper}, - title = {MPC Heterogeneity and Household Balance Sheets}, - volume = {852}, - year = {2017}, -} - -@article{jpsTax, - author = {Johnson, David S. and Parker, Jonathan A. and - Souleles, Nicholas S.}, - journal = {American Economic Review}, - month = {December}, - number = {5}, - pages = {1589--1610}, - title = {Household Expenditure and the Income Tax Rebates of - 2001}, - volume = {96}, - year = {2006}, - url = {http://ideas.repec.org/a/aea/aecrev/v96y2006i5p1589- - 1610.html}, -} - -@article{aslCredit, - author = {Sumit Agarwal and Chunlin Liu and - Nicholas S. Souleles}, - journal = {Journal of Political Economy}, - month = {December}, - number = {6}, - pages = {986--1019}, - title = {The Reaction of Consumer Spending and Debt to Tax - Rebates--Evidence from Consumer Credit Data}, - volume = {115}, - year = {2007}, - url = {http://www.nber.org/papers/w13694}, -} - -@article{bppInequality, - author = {Blundell, Richard and Pistaferri, Luigi and - Preston, Ian}, - journal = {American Economic Review}, - month = {December}, - number = {5}, - pages = {1887--1921}, - title = {Consumption Inequality and Partial Insurance}, - volume = {98}, - year = {2008}, -} - -@article{kvwWealthyH2m, - author = {Kaplan, Greg and Violante, Gianluca and - Weidner, Justin}, - journal = {Brookings Papers on Economic Activity}, - pages = {77--138}, - title = {The Wealthy Hand-to-Mouth}, - volume = {Spring}, - year = {2014}, - abstract = {The wealthy hand-to-mouth are households who hold - little or no liquid wealth (e.g. cash, checking, and - saving accounts), despite owning sizable amounts of - illiquid assets (i.e., assets that carry a - transaction cost, such as housing, large durables, or - retirement accounts). This portfolio configuration - implies that these households have large marginal - propensities to consume out of small income changes - –a key determinant of the macroeconomic - effects of fiscal policy. The wealthy hand-to-mouth, - therefore, behave in many respects like households - with little or no net worth, yet they escape standard - definitions (and empirical measurements) of - hand-to-mouth agents based on net worth. We use - survey data on household portfolios for the U.S., - Canada, Australia, the U.K., Germany, France, Italy, - and Spain to document the share of such households - across countries, their demographic characteristics, - the composition of their balance sheet, and the - persistence of hand-to-mouth status over the life - cycle. Finally, we discuss the implications of this - group of consumers for macroeconomic modelling and - policy analysis.}, -} - -@article{jappelliPistaferri_FPMPC, - author = {Jappelli, Tullio and Pistaferri, Luigi}, - journal = {AEJ: Marcoeconomics}, - number = {4}, - pages = {107--36}, - title = {Fiscal Policy and MPC Heterogeneity}, - volume = {6}, - year = {2014}, -} - -@article{parker25million, - author = {Jonathan A. Parker}, - journal = {American Economic Journal: Macroeconomics}, - month = {October}, - number = {9}, - pages = {153--183}, - title = {Why Don't Households Smooth Consumption? Evidence - from a \$25 Million Experiment}, - volume = {4}, - year = {2017}, -} - -@techreport{aydinCresponse, - author = {Deniz Ayd{\i}n}, - institution = {Washington University, St.\ Louis}, - type = {mimeo}, - title = {Consumption Response to Credit Expansions: Evidence - from Experimental Assignment of 45,307 Credit Lines}, - year = {2018}, -} - -@article{carroll&kimball:concavity, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - journal = {Econometrica}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}}, - number = {4}, - pages = {981--992}, - title = {On the {C}oncavity of the {C}onsumption {F}unction}, - volume = {64}, - year = {1996}, - url = {https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}, -} - -@article{chettySzeidl:cCommitmentsEcta, - author = {Raj Chetty and Adam Szeidl}, - journal = {Econometrica}, - month = {03}, - number = {}, - pages = {855--890}, - title = {Consumption Commitments and Habit Formation}, - volume = {84}, - year = {2016}, - url = {https://ideas.repec.org/a/wly/emetrp/v84y2016ip855- - 890.html}, -} - -@article{alvarezGuisoLippi:DurCons, - author = {Fernando Alvarez and Luigi Guiso and Francesco Lippi}, - journal = {American Economic Review}, - month = {August}, - number = {5}, - pages = {2272--2300}, - title = {Durable Consumption and Asset Management with - Transaction and Observation Costs}, - volume = {102}, - year = {2012}, - doi = {}, - url = {https://ideas.repec.org/a/aea/aecrev/v102y2012i5p2272- - 2300.html}, -} - -@article{coibGor:AER15, - author = {Olivier Coibion and Yuriy Gorodnichenko}, - journal = {American Economic Review}, - month = {August}, - number = {8}, - pages = {2644--2678}, - title = {{Information Rigidity and the Expectations Formation - Process: A Simple Framework and New Facts}}, - volume = {105}, - year = {2015}, - doi = {}, -} - -@article{fuhrer:JME17, - author = {Jeffrey C. Fuhrer}, - journal = {Journal of Monetary Economics}, - month = {April}, - pages = {22--55}, - title = {Expectations as a Source of Macroeconomic - Persistence: Evidence from Survey Expectations in a - Dynamic Macro Model}, - volume = {86}, - year = {2017}, - doi = {}, -} - -@techreport{fuhrerIntrinsicPersistence, - author = {Fuhrer, Jeffrey C.}, - institution = {Federal Reserve Bank of Boston}, - month = may, - number = {18-9}, - type = {working paper}, - title = {Intrinsic Expectations Persistence: Evidence from - Professional and Household Survey Expectations}, - year = {2018}, -} - -@incollection{cmModel, - address = {Cambridge, MA}, - author = {Campbell, John Y. and Mankiw, N. Gregory}, - booktitle = {NBER Macroeconomics Annual, 1989}, - editor = {Blanchard, Olivier J. and Fischer, Stanley}, - note = {\url{http://www.nber.org/papers/w2924.pdf}}, - pages = {185--216}, - publisher = {MIT Press}, - title = {Consumption, Income, and Interest Rates: - Reinterpreting the Time-Series Evidence}, - year = {1989}, - url = {http://www.nber.org/papers/w2924.pdf}, -} - -@article{blanchardFinite, - author = {Blanchard, Olivier J.}, - journal = {Journal of Political Economy}, - month = {April}, - number = {2}, - pages = {223--247}, - title = {Debt, Deficits, and Finite Horizons}, - volume = {93}, - year = {1985}, -} - -@article{edge2007Learning, - author = {Edge, Rochelle M and Laubach, Thomas and - Williams, John C}, - journal = {Journal of Monetary Economics}, - number = {8}, - pages = {2421--2438}, - publisher = {Elsevier}, - title = {Learning and shifts in long-run productivity growth}, - volume = {54}, - year = {2007}, -} - -@article{jorgenson:ProductivityGrowthResurgence, - author = {Dale W. Jorgenson and Mun S. Ho and Kevin J. Stiroh}, - journal = {Journal of Economic Perspectives}, - month = {Winter}, - number = {1}, - pages = {3--24}, - title = {A Retrospective Look at the U.S. Productivity Growth - Resurgence}, - volume = {22}, - year = {2008}, - doi = {}, -} - -@article{zeldesStochastic, - author = {Zeldes, Stephen P.}, - journal = {Quarterly Journal of Economics}, - month = {May}, - number = {2}, - pages = {275--298}, - title = {Optimal Consumption with Stochastic Income: - {D}eviations from Certainty Equivalence}, - volume = {104}, - year = {1989}, -} - -@article{lmpPermShocks, - author = {Low, Hamish and Meghir, Costas and Pistaferri, Luigi}, - journal = {The American economic review}, - number = {4}, - pages = {1432--1467}, - publisher = {American Economic Association}, - title = {Wage risk and employment risk over the life cycle}, - volume = {100}, - year = {2010}, -} - -@article{pistaferriSuperior, - author = {Luigi Pistaferri}, - journal = {The Review of Economics and Statistics}, - month = {August}, - number = {3}, - pages = {465-476}, - title = {Superior Information, Income Shocks, And The - Permanent Income Hypothesis}, - volume = {83}, - year = {2001}, -} - -@article{gsInferring, - author = {Guvenen, Fatih and Smith, Anthony A.}, - journal = {Econometrica}, - number = {6}, - pages = {2085-2129}, - title = {Inferring Labor Income Risk and Partial Insurance - From Economic Choices}, - volume = {82}, - year = {2014}, - abstract = {This paper uses the information contained in the - joint dynamics of individuals' labor earnings and - consumption-choice decisions to quantify both the - amount of income risk that individuals face and the - extent to which they have access to informal - insurance against this risk. We accomplish this task - by using indirect inference to estimate a structural - consumption–savings model, in which individuals - both learn about the nature of their income process - and partly insure shocks via informal mechanisms. In - this framework, we estimate (i) the degree of partial - insurance, (ii) the extent of systematic differences - in income growth rates, (iii) the precision with - which individuals know their own income growth rates - when they begin their working lives, (iv) the - persistence of typical labor income shocks, (v) the - tightness of borrowing constraints, and (vi) the - amount of measurement error in the data. In - implementing indirect inference, we find that an - auxiliary model that approximates the true structural - equations of the model (which are not estimable) - works very well, with negligible small sample bias. - The main substantive findings are that income shocks - are moderately persistent, systematic differences in - income growth rates are large, individuals have - substantial amounts of information about their income - growth rates, and about one-half of income shocks are - smoothed via partial insurance. Putting these - findings together, the amount of uninsurable lifetime - income risk that individuals perceive is - substantially smaller than what is typically assumed - in calibrated macroeconomic models with incomplete - markets.}, - doi = {10.3982/ECTA9446}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.3982/ECTA9446}, -} - -@misc{kmpIncomeExpectations, - author = {Karahan, Fatih and Sean Mihaljevich and - Laura Pilossoph}, - howpublished = - {\href{http://libertystreeteconomics.newyorkfed.org/2017/11/understanding-permanent-and-temporary-income-shocks.html}{URL - link retrieved on 03/02/2018 \texttt{here}.}}, - journal = {Liberty Street Economics}, - number = {November 08}, - type = {Blog}, - title = {Understanding Permanent and Temporary Income Shocks}, - year = {2017}, -} - -@article{kennickellPermanent, - author = {Kennickell, Arthur}, - journal = {mimeo, Board of Governors of the Federal Reserve - System}, - title = {Saving and Permanent Income: Evidence from the 1992 - SCF}, - year = {1995}, -} - -@article{opLiquidH2M, - author = {Olafsson, Arna and Pagel, Michaela}, - journal = {The Review of Financial Studies}, - number = {11}, - pages = {4398--4446}, - title = {The Liquid Hand-to-Mouth: Evidence from Personal - Finance Management Software}, - volume = {31}, - year = {2018}, -} - -@incollection{sswNAIRU, - address = {New York}, - author = {Staiger, Douglas and James H. Stock and - Mark W. Watson}, - booktitle = {The Roaring Nineties: Can Full Employment Be - Sustained?}, - editor = {Alan B. Krueger and Robert Solow}, - publisher = {The Russell Sage Foundation and Century Press}, - title = {Prices Wages and the US NAIRU in the 1990s}, - year = {2001}, -} - -@article{fernald:disappointingRecovery, - author = {John G. Fernald and Robert Hall and James Stock and - Mark Watson}, - journal = {Brookings Papers on Economic Activity}, - title = {The Disappointing Recovery of Output after 2009}, - volume = {Spring}, - year = {2017}, - doi = {}, -} - -@article{bmpMITshocks, - author = {Boppart, Timo and Krusell, Per and Mitman, Kurt}, - journal = {Journal of Economic Dynamics and Control}, - number = {C}, - pages = {68--92}, - title = {Exploiting MIT Shocks in Heterogeneous-Agent - Economies: The Impulse Response as a Numerical - Derivative}, - volume = {89}, - year = {2018}, -} - -@article{zeldes:jpe, - author = {Zeldes, Stephen P.}, - journal = {Journal of Political Economy}, - note = {Available at - {\url{http://www.jstor.org/stable/1831315}}}, - pages = {305--46}, - title = {Consumption and Liquidity Constraints: An Empirical - Investigation}, - volume = {97}, - year = {1989}, - url = {http://www.jstor.org/stable/1831315}, -} - -@article{som07, - author = {Martin Sommer}, - journal = {Advances in Macroeconomics}, - number = {1}, - pages = {Article 21}, - title = {Habit Formation and Aggregate Consumption Dynamics}, - volume = {7}, - year = {2007}, -} - -@article{workingTimeAgg, - author = {Holbrook Working}, - journal = {Econometrica}, - number = {4}, - pages = {916--918}, - title = {Note on the Correlation of First Differences of - Averages in a Random Chain}, - volume = {28}, - year = {1960}, -} - -@article{cfwSentiment, - author = {Carroll, Christopher D. and Fuhrer, Jeffrey C. and - Wilcox, David W.}, - journal = {American Economic Review}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/SentAERCarrollFuhrerWilcox.pdf}}, - number = {5}, - pages = {1397-1408}, - title = {Does Consumer Sentiment Forecast Household Spending? - {I}f So, Why?}, - volume = {84}, - year = {1994}, - url = {https://www.econ2.jhu.edu/people/ccarroll/ - SentAERCarrollFuhrerWilcox.pdf}, -} - -@article{cssIntlStickyC, - author = {Carroll, Christopher D. and Sommer, Martin and - Slacalek, Jiri}, - journal = {Review of Economics and Statistics}, - month = {October}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cssIntlStickyC/}}, - number = {4}, - pages = {1135--1145}, - title = {International Evidence on Sticky Consumption Growth}, - volume = {93}, - year = {2011}, - abstract = {This paper estimates the degree of stickiness in - aggregate consumption growth (sometimes interpreted - as reflecting consumption habits) for thirteen - advanced economies. We find that after controlling - for measurement error, consumption growth has a high - degree of autocorrelation, with a stickiness - parameter of about 0.7 on average across countries. - The sticky consumption growth model outperforms the - random walk model of Hall (1978) and typically fits - the data better than the popular Mankiw (1989) model, - though in a few countries, the sticky consumption - growth and Campbell-Mankiw models work about equally - well.}, - doi = {10.1162/REST\_a\_00122}, - url = {https://doi.org/10.1162/REST_a_00122}, -} - -@article{wilcox:aer, - author = {Wilcox, David W.}, - journal = {American Economic Review}, - number = {4}, - pages = {922--941}, - title = {The Construction of U.S. Consumption Data: Some Facts - and Their Implications for Empirical Work}, - volume = {82}, - year = {1992}, -} - -@article{soulelesTaxRefunds, - author = {Souleles, Nicholas S.}, - journal = {American Economic Review}, - month = {September}, - number = {4}, - pages = {947--958}, - title = {The Response of Household Consumption to Income Tax - Refunds}, - volume = {89}, - year = {1999}, -} - -@techreport{kuengTaxnews, - author = {Lorenz Kueng}, - institution = {Northwestern University}, - type = {working paper}, - title = {Tax News: Identifying the Household Consumption - Response to Tax Expectations Using Municipal Bond - Prices}, - year = {2012}, - url = {http://citeseerx.ist.psu.edu/viewdoc/summary? - doi=10.1.1.646.4710}, -} - -@article{BrowningColladoAER, - author = {Browning, Martin and Collado, M. Dolores}, - journal = {American Economic Review}, - number = {3}, - pages = {681--692}, - title = {The Response of Expenditures to Anticipated Income - Changes: Panel Data Estimates}, - volume = {91}, - year = {2001}, -} - -@article{hsiehAlaska, - author = {Hsieh, Chang-Tai}, - journal = {American Economic Review}, - number = {1}, - pages = {397--405}, - title = {Do consumers react to anticipated income changes? - Evidence from the Alaska permanent fund}, - volume = {93}, - year = {2003}, -} - -@article{CoulibalyLiMortgage, - author = {Coulibaly, Brahima and Li, Geng}, - journal = {The Review of Economics and Statistics}, - month = {February}, - number = {1}, - pages = {10--19}, - publisher = {MIT Press}, - title = {Do Homeowners Increase Consumption after the Last - Mortgage Payment? An Alternative Test of the - Permanent Income Hypothesis}, - volume = {88}, - year = {2006}, - doi = {doi: 10.1162/003465306775565693}, - issn = {0034-6535}, - url = {http://www.ingentaconnect.com/content/mitpress/restat/2006/ - 00000088/00000001/art00002}, -} - -@article{kuengAlaska, - author = {Kueng, Lorenz}, - journal = {The Quarterly Journal of Economics}, - number = {4}, - pages = {1693--1751}, - publisher = {Oxford University Press}, - title = {Excess sensitivity of high-income consumers}, - volume = {133}, - year = {2018}, -} - -@article{brodaParker, - author = {Broda, Christian and Parker, Jonathan A.}, - journal = {Journal of Monetary Economics}, - number = {S}, - pages = {20--36}, - title = {The Economic Stimulus Payments of 2008 and the - Aggregate Demand for Consumption}, - volume = {68}, - year = {2014}, -} - -@article{cstwMPC, - author = {Christopher D. Carroll and Jiri Slacalek and - Kiichi Tokuoka and Matthew N. White}, - journal = {Quantitative Economics}, - month = {November}, - note = {At - \url{https://www.econ2.jhu.edu/people/ccarroll/papers/cstwMPC}}, - pages = {977-1020}, - title = {The Distribution of Wealth and the Marginal - Propensity to Consume}, - volume = {8}, - year = {2017}, - doi = {10.3982/QE694}, - url = {http://onlinelibrary.wiley.com/doi/10.3982/QE694/pdf}, -} - -@article{kmvHANK, - author = {Kaplan, Greg and Moll, Benjamin and - Violante, Giovanni L.}, - journal = {American Economic Review}, - month = {March}, - number = {3}, - pages = {697--743}, - title = {Monetary Policy According to HANK}, - volume = {108}, - year = {2018}, - abstract = {We revisit the transmission mechanism of monetary - policy for household consumption in a Heterogeneous - Agent New Keynesian (HANK) model. The model yields - empirically realistic distributions of household - wealth and marginal propensities to consume because - of two key features: multiple assets with different - degrees of liquidity and an idiosyncratic income - process with leptokurtic income changes. In this - environment, the indirect effects of an unexpected - cut in interest rates, which operate through a - general equilibrium increase in labor demand, far - outweigh direct effects such as intertemporal - substitution. This finding is in stark contrast to - small- and medium-scale Representative Agent New - Keynesian (RANK) economies, where intertemporal - substitution drives virtually all of the transmission - from interest rates to consumption.}, -} - -@techreport{ckConsumption, - author = {Crawley, Edmund and Kuchler, Andreas}, - institution = {Danmarks Nationalbank}, - month = {November}, - number = {129}, - type = {working paper}, - title = {Consumption Heterogeneity: Micro Drivers and Macro - Implications}, - year = {2018}, -} - -@article{bbdUncertainty, - author = {Baker, Scott R and Bloom, Nicholas and - Davis, Steven J}, - journal = {The Quarterly Journal of Economics}, - number = {4}, - pages = {1593--1636}, - publisher = {Oxford University Press}, - title = {Measuring economic policy uncertainty}, - volume = {131}, - year = {2016}, -} - -@article{carroll_sticky_2020, - journal = {American {Economic} {Journal:} {Macroeconomics}}, - title = {Sticky {Expectations} and {Consumption} {Dynamics}}, - url = {http://www.nber.org/papers/w24377}, - abstract = {Macroeconomic models often invoke consumption “habits” to explain the substantial persistence of aggregate consumption growth. But a large literature has found no evidence of habits in microeconomic datasets that measure the behavior of individual households. We show that the apparent conflict can be explained by a model in which consumers have accurate knowledge of their personal circumstances but ‘sticky expectations’ about the macroeconomy. In our model, the persistence of aggregate consumption growth reflects consumers’ imperfect attention to aggregate shocks. Our proposed degree of (macro) inattention has negligible utility costs, because aggregate shocks constitute only a tiny proportion of the uncertainty that consumers face.}, - volume = {Forthcoming}, - author = {Carroll, Christopher D. and Crawley, Edmund and Slacalek, Jiri and Tokuoka, Kiichi and White, Matthew N.}, - year = {2020}, - doi = {10.3386/w24377} -} - - -@techreport{FariaBlog2020, - author = {{Faria-e-Castro}, Miguel}, - institution = {Federal Reserve Bank, St. Louis}, - month = {March}, - type = {Blog post}, - title = {Back-of-the-Envelope Estimates of Next Quarter's Unemployment Rate}, - year = {2020}, - url = {https://www.stlouisfed.org/on-the-economy/2020/march/back-envelope-estimates-next-quarters-unemployment-rate} -} - -@techreport{JPMorganBlog2020, - author = {JPMorgan}, - institution = {JPMorgan}, - month = {March}, - day = {27}, - type = {Blog post}, - title = {Fallout from COVID-19: Global Recession, Zero Interest Rates and Emergency Policy Actions}, - year = {2020}, - url = {https://www.jpmorgan.com/global/research/fallout-from-covid19} -} - -@techreport{Bloomberg1, - author = {Bloomberg}, - institution = {Bloomberg}, - month = {March}, - day = {17}, - type = {Press article}, - title = {Mnuchin Warns Virus Could Yield 20\% Jobless Rate Without Action}, - year = {2020}, - url = {https://www.bloomberg.com/news/articles/2020-03-17/mnuchin-warns-virus-could-yield-20-jobless-rate-without-action-k7wheob8} -} - -@techreport{Bloomberg2, - author = {Bloomberg}, - institution = {Bloomberg}, - month = {March}, - day = {22}, - type = {Press article}, - title = {U.S. Jobless Rate May Soar to 30\%, Fed's Bullard Says}, - year = {2020}, - url = {https://www.bloomberg.com/news/articles/2020-03-22/fed-s-bullard-says-u-s-jobless-rate-may-soar-to-30-in-2q} -} - -@techreport{LeiboviciSocial2020, - author = {Leibovici, Fernando and Santacreu, Ana Maria}, - institution = {Federal Reserve Bank, St. Louis}, - month = {March}, - type = {Blog post}, - title = {Social Distancing and Contact-Intensive Occupations}, - year = {2020}, - url = {https://www.stlouisfed.org/on-the-economy/2020/march/social-distancing-contact-intensive-occupations} -} - -@techreport{GasconCOVID2020, - author = {Gascon, Charles}, - institution = {Federal Reserve Bank, St. Louis}, - month = {March}, - type = {Blog post}, - title = {COVID-19: Which Workers Face the Highest Unemployment Risk?}, - year = 2020, - url = {https://www.stlouisfed.org/on-the-economy/2020/march/covid-19-workers-highest-unemployment-risk} -} - - -@article{SabelhausSong, - author = {John Sabelhaus and Jae Song}, - journal = {Journal of Monetary Economics}, - number = {4}, - pages = {391--403}, - title = {The Great Moderation in Micro Labor Earnings}, - volume = {57}, - year = {2010}, -} - -@article{todaCrossSection, -author = {Alexis Akira Toda}, - title = {Incomplete market dynamics and cross-sectional distributions}, - journal = {Journal of Economic Theory}, - volume = {154}, - pages = {310-348}, - doi = {10.1016/j.jet.2014.09.015}, - year = {2014}, - month = {November} -} - -@article{geometricDeath, - author = {Beare, Brendan K. and Alexis Akira Toda}, - title = {Geometrically stopped Markovian random growth processes and Pareto tails}, - year = {2017}, - journal = {arXiv}, - doi = {arxiv.org/abs/1712.01431}, - url = {https://arxiv.org/abs/1712.01431} -} - - -@Unpublished{MaTodaMPC, - author = {Ma, Qingyin and Toda, Alexis Akira}, - title = {Asymptotic Marginal Propensity to Consume}, - year = {2020}, - url = {https://arxiv.org/abs/2002.09108}, - note = {Manuscript, Australian National University} -} - -@Article{StachurskiToda2019JET, - author = {Stachurski, John and Toda, Alexis Akira}, - title = {An Impossibility Theorem for Wealth in Heterogeneous-agent Models with Limited Heterogeneity}, - journal = {Journal of Economic Theory}, - year = {2019}, - volume = {182}, - pages = {1-24}, - month = jul, - doi = {10.1016/j.jet.2019.04.001}, -} - -@Article{MaStachurskiToda2020JET, - author = {Ma, Qingyin and Stachurski, John and Toda, Alexis Akira}, - title = {The Income Fluctuation Problem and the Evolution of Wealth}, - journal = {Journal of Economic Theory}, - year = {2020}, - volume = {187}, - pages = {105003}, - month = may, - doi = {10.1016/j.jet.2020.105003}, -} - -@article{guerrieri2017credit, - title={Credit crises, precautionary savings, and the liquidity trap}, - author={Guerrieri, Veronica and Lorenzoni, Guido}, - journal={The Quarterly Journal of Economics}, - volume={132}, - number={3}, - pages={1427--1467}, - year={2017}, - publisher={Oxford University Press} -} - -@article{bayer2019precautionary, - title={Precautionary savings, illiquid assets, and the aggregate consequences of shocks to household income risk}, - author={Bayer, Christian and L{\"u}tticke, Ralph and Pham-Dao, Lien and Tjaden, Volker}, - journal={Econometrica}, - volume={87}, - number={1}, - pages={255--290}, - year={2019}, - publisher={Wiley Online Library} -} - -@article{seater1997optimal, - title={An optimal control solution to the liquidity constraint problem}, - author={Seater, John J}, - journal={Economics Letters}, - volume={54}, - number={2}, - pages={127--134}, - year={1997}, - publisher={Elsevier} -} - -@ARTICLE{solowTheory, -title = {\href{https://www.elgaronline.com/view/journals/roke/6-4/roke.2018.04.02.xml}{A theory is a sometime thing}}, -author = {Solow, Robert}, -year = {2018}, -journal = {Review of Keynesian Economics}, -volume = {6}, -number = {4}, -pages = {421-424}, -url = {https://EconPapers.repec.org/RePEc:elg:rokejn:v:6:y:2018:i:4:p421-424} -} - -@Preamble{ "\providecommand{\noopsort}[1]{} " -# "\providecommand{\singleletter}[1]{#1} " } - -@article{cctwMoM, - author = {Carroll, Christopher D. and Karsten Chipeniuk and Kiichi Tokuoka and Weifeng Wu}, - title = {The Method of Moderation}, - journal = {Manuscript, Johns Hopkins University}, - year = 2020, - url = {https://www.econ2.jhu.edu/people/ccarroll/cctwMoM} -} - -@Book{bellmanDynamicProgramming, - author = "Bellman, Richard", - title = "Dynamic Programming", - publisher = "Princeton University Press", - year = "1957", - address = "Princeton, NJ, USA", - edition = "1", - bib2html_rescat = "General RL", -} - - -@InProceedings{carroll_et_al-proc-scipy-2018, - author = { {C}hristopher {D}. {C}arroll and {A}lexander {M}. {K}aufman and {J}acqueline {L}. {K}azil and {N}athan {M}. {P}almer and {M}atthew {N}. {W}hite }, - title = { {T}he {E}con-{A}{R}{K} and {H}{A}{R}{K}: {O}pen {S}ource {T}ools for {C}omputational {E}conomics }, - booktitle = { {P}roceedings of the 17th {P}ython in {S}cience {C}onference }, - pages = { 25 - 30 }, - year = { 2018 }, - editor = { {F}atih {A}kici and {D}avid {L}ippa and {D}illon {N}iederhut and {M} {P}acer }, - doi = { 10.25080/Majora-4af1f417-004 } -} - -@ARTICLE{chkLiqConstr, - author = {Carroll, Christopher D. and Martin Holm and Miles S. Kimball}, - title = {Liquidity Constraints and Precautionary Saving}, - journal = {\href{https://www.econ2.jhu.edu/people/ccarroll/papers/LiqConstr}{Manuscript, Johns Hopkins University}}, - year = 2019, - note = {Status: Revise and Resubmit; latest version at \url{https://www.econ2.jhu.edu/people/ccarroll/papers/LiqConstr}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/LiqConstr}, -} - - -@article{guerrieri2017credit, - title={Credit crises, precautionary savings, and the liquidity trap}, - author={Guerrieri, Veronica and Lorenzoni, Guido}, - journal={The Quarterly Journal of Economics}, - volume={132}, - number={3}, - pages={1427--1467}, - year={2017}, - publisher={Oxford University Press} -} - -@article{glLiq, - author = {Guerrieri, Veronica and Lorenzoni, Guido}, - journal = {The Quarterly Journal of Economics}, - number = {3}, - pages = {1427--1467}, - publisher = {Oxford University Press}, - title = {Credit crises, precautionary savings, and the - liquidity trap}, - volume = {132}, - year = {2017}, -} - -@article{blPrecautionary, - title={Precautionary savings, illiquid assets, and the aggregate consequences of shocks to household income risk}, - author={Bayer, Christian and L{\"u}tticke, Ralph and Pham-Dao, Lien and Tjaden, Volker}, - journal={Econometrica}, - volume={87}, - number={1}, - pages={255--290}, - year={2019}, - publisher={Wiley Online Library} -} - -@article{khanMacroPru, - author = {Shujaat Khan}, - title = {Macroprudential Policies in a Heterogeneous Agent Model of Housing Default}, - journal = {Department of Economics, Johns Hopkins University}, - year = {2019}, - url = {https://pdfs.semanticscholar.org/8e9d/dfe7c204bbfa8a23f42f4931461fb467fc08.pdf?_ga=2.95712860.1156899890.1563925023-1991616136.1563925023} -} - -@article{SSinHANK, - title = {Monetary Policy Transmission with Many Agents}, - author = {Crawley, Edmund and Seungcheol Lee}, - journal = {Manuscript, Johns Hopkins University}, - year = {2019}, - month = {March}, -} - -@article{blSolving, - title = {Solving Heterogeneous Agent Models In Discrete Time With Many Idiosyncratic States By Perturbation Methods}, - author = {Christian Bayer and Ralph Luetticke}, - journal = {Centre for Economic Policy Research}, - volume = {Discussion Paper 13071}, - year = 2018 -} - -@article{carrollHeteroAndMacro, - title = {Heterogeneity and Macro Modeling In Policymaking Institutions}, - year = {2019}, - journal = {Presentation to the Heads of Research of the European Central Banks}, - url = {https://mybinder.org/v2/gh/econ-ark/PARK/master?filepath=Hetero-And-Macro/Hetero-And-Macro.ipynb} -} - -@article{auclertMonetary, - title={Monetary policy and the redistribution channel}, - author={Auclert, Adrien}, - journal={American Economic Review}, - volume={109}, - number={6}, - pages={2333--67}, - year={2019}, - url = {https://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.20160137}, - note = {\href{https://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.20160137}{https://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.20160137}} -} - -@article{ccarrollHeteroAndMacro, - author = {Carroll, Christopher}, - title = {Heterogeneity and Macro Modeling In Policymaking Institutions}, - journal = {Presentation to the Heads of Research of the European Central Banks}, - year = 2019 -} - -@article{klRiskPremia, - author = {Rohan Kekre and Moritz Lenel}, - title = {Redistribution, risk premia, and the macroeconomy}, - journal = {Slides Presented at NBER `Micro to Macro' Working Group}, - year = 2019 -} - -@article{wolfGEInvariance, - author = {Wolf, Christian}, - title = {The Missing Intercept: A Sufficient Statistics Approach to General Equilibrium Effects}, - journal = {Slides Presented at NBER `Micro to Macro' Working Group}, - year = 2019 -} - -@article{CrawleyMonPolicywithHeterogeneity, - author = {Crawley, Edmund}, - title = {Intro to Monetary Policy with Heterogeneity}, - journal = {Slides Presented at JHU ``Computational Methods in Economics''}, - year = 2019 -} - - -@book{beckenbach1983inequalities, -volume = {30}, -publisher = {Springer}, -year = {1983}, -edition = {reprint}, -title = {Inequalities}, -author = {Beckenbach, Edwin F and Bellman, Richard} -} - -@article{druedahl2018precautionary, - title={Precautionary borrowing and the credit card debt puzzle}, - author={Druedahl, Jeppe and J{\o}rgensen, Casper Nordal}, - journal={Quantitative Economics}, - volume={9}, - number={2}, - pages={785--823}, - year={2018}, - publisher={Wiley Online Library} -} - -@article{park2006analytical, - title={An analytical solution to the inverse consumption function with liquidity constraints}, - author={Park, Myung-Ho}, - journal={Economics Letters}, - volume={92}, - number={3}, - pages={389--394}, - year={2006}, - publisher={Elsevier} -} - -@article{nishiyama2012concavity, - title={On the Concavity of the Consumption Function with a Quadratic Utility under Liquidity Constraints}, - author={Nishiyama, Shin-Ichi and Kato, Ryo}, - journal={Theoretical Economics Letters}, - volume={2}, - number={05}, - pages={566}, - year={2012}, - publisher={Scientific Research Publishing} -} - -@article{holm2018consumption, - title={Consumption with liquidity constraints: An analytical characterization}, - author={Holm, Martin Blomhoff}, - journal={Economics Letters}, - volume={167}, - pages={40--42}, - year={2018}, - publisher={Elsevier} -} - - -@article{lee2007degree, - title={The degree of precautionary saving: A reexamination}, - author={Lee, Jeong-Joon and Sawada, Yasuyuki}, - journal={Economics Letters}, - volume={96}, - number={2}, - pages={196--201}, - year={2007}, - publisher={Elsevier} -} - -@article{lee2010precautionary, - title={Precautionary saving under liquidity constraints: Evidence from rural Pakistan}, - author={Lee, Jeong-Joon and Sawada, Yasuyuki}, - journal={Journal of Development Economics}, - volume={91}, - number={1}, - pages={77--86}, - year={2010}, - publisher={Elsevier} -} - - -@article{fulford2015important, - title={How important is variability in consumer credit limits?}, - author={Fulford, Scott L}, - journal={Journal of Monetary Economics}, - volume={72}, - pages={42--63}, - year={2015}, - publisher={Elsevier} -} - - - -@article{kmvHANK, - author = {Kaplan, Greg and Moll, Benjamin and - Violante, Giovanni L.}, - journal = {American Economic Review}, - month = {March}, - number = {3}, - pages = {697--743}, - title = {Monetary Policy According to HANK}, - volume = {108}, - year = {2018}, - abstract = {We revisit the transmission mechanism of monetary policy for household consumption in a Heterogeneous Agent New Keynesian (HANK) model. The model yields empirically realistic distributions of household wealth and marginal propensities to consume because of two key features: multiple assets with different degrees of liquidity and an idiosyncratic income process with leptokurtic income changes. In this environment, the indirect effects of an unexpected cut in interest rates, which operate through a general equilibrium increase in labor demand, far outweigh direct effects such as intertemporal substitution. This finding is in stark contrast to small- and medium-scale Representative Agent New Keynesian (RANK) economies, where intertemporal substitution drives virtually all of the transmission from interest rates to consumption.}, -} - - -@techreport{fuhrerIntrinsicPersistence, - author = {Fuhrer, Jeffrey C.}, - institution = {Federal Reserve Bank of Boston}, - month = may, - number = {18-9}, - type = {working paper}, - title = {Intrinsic Expectations Persistence: Evidence from - Professional and Household Survey Expectations}, - year = {2018}, -} - - -@techreport{kuengTaxnews, - author = {Lorenz Kueng}, - type = {working paper}, - title = {Tax News: Identifying the Household Consumption - Response to Tax Expectations Using Municipal Bond - Prices}, - institution = {Northwestern University}, - year = {2012}, - url = {http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.646.4710}, -} - - -@article{kvwWealthyH2m, - author = {Kaplan, Greg and Violante, Gianluca and Weidner, Justin}, - journal = {Brookings Papers on Economic Activity}, - pages = {77--138}, - title = {The Wealthy Hand-to-Mouth}, - volume = {Spring}, - year = {2014}, - abstract = {The wealthy hand-to-mouth are households who hold - little or no liquid wealth (e.g. cash, checking, and - saving accounts), despite owning sizable amounts of - illiquid assets (i.e., assets that carry a - transaction cost, such as housing, large durables, or - retirement accounts). This portfolio configuration - implies that these households have large marginal - propensities to consume out of small income changes - –a key determinant of the macroeconomic - effects of fiscal policy. The wealthy hand-to-mouth, - therefore, behave in many respects like households - with little or no net worth, yet they escape standard - definitions (and empirical measurements) of - hand-to-mouth agents based on net worth. We use - survey data on household portfolios for the U.S., - Canada, Australia, the U.K., Germany, France, Italy, - and Spain to document the share of such households - across countries, their demographic characteristics, - the composition of their balance sheet, and the - persistence of hand-to-mouth status over the life - cycle. Finally, we discuss the implications of this - group of consumers for macroeconomic modelling and - policy analysis.}, -} - -@techreport{arsInvestmentInattention, - author = {Adrien Auclert and Matthew Rognlie and Ludwig Straub}, - institution = {Stanford University}, - type = {mimeo}, - title = {Investment, Heterogeneity, and Inattention}, - year = {2019}, -} - -@article{ktvHousingWealthEffect, - title={The Housing Wealth Effect: Quasi-Experimental Evidence}, - author={Kessel, Dany and Tyrefors, Bj{\"o}rn and Vestman, Roine}, - journal={Available at SSRN}, - year={2019} -} - -@article{pjInfo, - title={Information sharing in credit markets}, - author={Pagano, Marco and Jappelli, Tullio}, - journal={The Journal of Finance}, - volume={48}, - number={5}, - pages={1693--1718}, - year={1993}, - publisher={Wiley Online Library} -} - -@article{sims_beyondLQ, - author = {Christopher A. Sims}, - journal = {American Economic Review}, - month = {May}, - number = {2}, - pages = {158--163}, - title = {Rational Inattention: Beyond the Linear--Quadratic - Case}, - volume = {96}, - year = {2006}, -} - -@article{tutino_RIconsumption, - author = {Antonella Tutino}, - journal = {Review of Economic Dynamics}, - month = {July}, - number = {3}, - pages = {421--439}, - title = {Rationally Inattentive Consumption Choices}, - volume = {16}, - year = {2013}, -} - -@article{opLiquidH2M, - author = {Olafsson, Arna and Pagel, Michaela}, - journal = {The Review of Financial Studies}, - number = {11}, - pages = {4398--4446}, - title = {The Liquid Hand-to-Mouth: Evidence from Personal - Finance Management Software}, - volume = {31}, - year = {2018}, -} - -@article{dornbuschOvershooting, -author = {Dornbusch, Rudiger}, -title = {Expectations and Exchange Rate Dynamics}, -journal = {Journal of Political Economy}, -volume = {84}, -number = {6}, -pages = {1161-1176}, -year = {1976}, -doi = {10.1086/260506}, -URL = { https://doi.org/10.1086/260506}, -eprint = {https://doi.org/10.1086/260506}, -abstract = { The paper develops a theory of exchange rate movements under perfect capital mobility, a slow adjustment of goods markets relative to asset markets, and consistent expectations. The perfect foresight path is derived and it is shown that along that along that path a monetary expansion causes the exchange rate to depreciate. An initial overshooting of exchange rates is shown to derive from differential adjustment speed of markets. The magnitude and persistence of the overshooting is developed in terms of the structural parameters of the model. To the extent that output responds to a monetary expansion in the short run, this acts a a dampening effect on exchange depreciation and may, in fact, lead to an increase in interest rates. } -} - -@article{bmpMITshocks, - author = {Boppart, Timo and Krusell, Per and Mitman, Kurt}, - journal = {Journal of Economic Dynamics and Control}, - number = {C}, - pages = {68--92}, - title = {Exploiting MIT Shocks in Heterogeneous-Agent - Economies: The Impulse Response as a Numerical - Derivative}, - volume = {89}, - year = {2018}, - url = {\href{https://www.sciencedirect.com/science/article/pii/S0165188918300022}{https://www.sciencedirect.com/science/article/pii/S0165188918300022}} -} - - -@article{cochrane_nearRational, - author = {Cochrane, John H}, - journal = {American Economic Review}, - month = {June}, - number = {3}, - pages = {319--337}, - title = {The Sensitivity of Tests of the Intertemporal - Allocation of Consumption to Near-Rational - Alternatives}, - volume = {79}, - year = {1989}, -} - -@article{hrsHabit, - author = {Havranek, Tomas and Rusnak, Marek and Sokolova, Anna}, - journal = {European Economic Review}, - pages = {142--167}, - publisher = {Elsevier}, - title = {Habit formation in consumption: A meta-analysis}, - volume = {95}, - year = {2017}, - doi = {10.1016/j.euroecorev.2017.03.009}, - url = {https://doi.org/10.1016/j.euroecorev.2017.03.009}, -} - -@article{reis:inattentive, - author = {Reis, Ricardo}, - journal = {Journal of Monetary Economics}, - number = {8}, - pages = {1761--1800}, - publisher = {Elsevier}, - title = {Inattentive Consumers}, - volume = {53}, - year = {2006}, -} - -@article{mw09:RI, - author = {Ma\'{c}kowiak, Bartosz and Mirko Wiederholt}, - journal = {American Economic Review}, - month = {June}, - number = {3}, - pages = {769-803}, - title = {{Optimal Sticky Prices under Rational Inattention}}, - volume = {99}, - year = {2009}, - abstract = {This paper presents a model in which price setting - firms decide what to pay attention to, subject to a - constraint on information flow. When idiosyncratic - conditions are more variable or more important than - aggregate conditions, firms pay more attention to - idiosyncratic conditions than to aggregate - conditions. When we calibrate the model to match the - large average absolute size of price changes observed - in micro data, prices react fast and by large amounts - to idiosyncratic shocks, but only slowly and by small - amounts to nominal shocks. Nominal shocks have strong - and persistent real effects. (JEL D21, D83, E31, - E52)}, - doi = {}, - url = {https://ideas.repec.org/a/aea/aecrev/v99y2009i3p769- - 803.html}, -} - -@article{LuoRinGE, - author = {Yulei Luo and Jun Nie and Gaowang Wang and - Eric R. Young}, - journal = {Journal of Economic Theory}, - volume = {172}, - pages = {55--87}, - title = {Rational Inattention and the Dynamics of Consumption - and Wealth in General Equilibrium}, - year = {2017}, -} - -@article{luo:inatC, - author = {Yulei Luo}, - journal = {Review of Economic Dynamics}, - number = {2}, - pages = {366--385}, - title = {Consumption Dynamics under Information Processing - Constraints}, - volume = {11}, - year = {2008}, -} - -@article{ludvigson&michaelides:excesses, - author = {Ludvigson, Sydney and Alexander Michaelides}, - journal = {American Economic Review}, - month = {June}, - number = {3}, - pages = {631--647}, - title = {Does Buffer Stock Saving Explain the Smoothness and - Excess Sensitivity of Consumption?}, - volume = {91}, - year = {2001}, -} - -@article{bppInequality, - author = {Blundell, Richard and Pistaferri, Luigi and - Preston, Ian}, - journal = {American Economic Review}, - month = {December}, - number = {5}, - pages = {1887--1921}, - title = {Consumption Inequality and Partial Insurance}, - volume = {98}, - year = {2008}, -} - - - -@techreport{aydinCresponse, - author = {Deniz Ayd{\i}n}, - institution = {Washington University, St.\ Louis}, - type = {mimeo}, - title = {Consumption Response to Credit Expansions: Evidence - from Experimental Assignment of 45,307 Credit Lines}, - year = {2018}, -} - -@article{carroll&kimball:concavity, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - journal = {Econometrica}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}}, - number = {4}, - pages = {981--992}, - title = {On the {C}oncavity of the {C}onsumption {F}unction}, - volume = {64}, - year = {1996}, - url = {https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}, -} - -@article{pistaferriSuperior, - author = {Luigi Pistaferri}, - journal = {The Review of Economics and Statistics}, - month = {August}, - number = {3}, - pages = {465-476}, - title = {Superior Information, Income Shocks, And The - Permanent Income Hypothesis}, - volume = {83}, - year = {2001}, -} - -@article{gsInferring, - author = {Guvenen, Fatih and Smith, Anthony A.}, - journal = {Econometrica}, - number = {6}, - pages = {2085-2129}, - title = {Inferring Labor Income Risk and Partial Insurance - From Economic Choices}, - volume = {82}, - year = {2014}, - abstract = {This paper uses the information contained in the - joint dynamics of individuals' labor earnings and - consumption-choice decisions to quantify both the - amount of income risk that individuals face and the - extent to which they have access to informal - insurance against this risk. We accomplish this task - by using indirect inference to estimate a structural - consumption–savings model, in which individuals - both learn about the nature of their income process - and partly insure shocks via informal mechanisms. In - this framework, we estimate (i) the degree of partial - insurance, (ii) the extent of systematic differences - in income growth rates, (iii) the precision with - which individuals know their own income growth rates - when they begin their working lives, (iv) the - persistence of typical labor income shocks, (v) the - tightness of borrowing constraints, and (vi) the - amount of measurement error in the data. In - implementing indirect inference, we find that an - auxiliary model that approximates the true structural - equations of the model (which are not estimable) - works very well, with negligible small sample bias. - The main substantive findings are that income shocks - are moderately persistent, systematic differences in - income growth rates are large, individuals have - substantial amounts of information about their income - growth rates, and about one-half of income shocks are - smoothed via partial insurance. Putting these - findings together, the amount of uninsurable lifetime - income risk that individuals perceive is - substantially smaller than what is typically assumed - in calibrated macroeconomic models with incomplete - markets.}, - doi = {10.3982/ECTA9446}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.3982/ECTA9446}, -} - -@article{kennickellPermanent, - author = {Kennickell, Arthur}, - journal = {mimeo, Board of Governors of the Federal Reserve - System}, - title = {Saving and Permanent Income: Evidence from the 1992 - SCF}, - year = {1995}, -} - -@article{wilcox:aer, - author = {Wilcox, David W.}, - journal = {American Economic Review}, - number = {4}, - pages = {922--941}, - title = {The Construction of U.S. Consumption Data: Some Facts - and Their Implications for Empirical Work}, - volume = {82}, - year = {1992}, -} - -@article{soulelesTaxRefunds, - author = {Souleles, Nicholas S.}, - journal = {American Economic Review}, - month = {September}, - number = {4}, - pages = {947--958}, - title = {The Response of Household Consumption to Income Tax - Refunds}, - volume = {89}, - year = {1999}, -} - -@article{BrowningColladoAER, - author = {Browning, Martin and Collado, M. Dolores}, - journal = {American Economic Review}, - number = {3}, - pages = {681--692}, - title = {The Response of Expenditures to Anticipated Income - Changes: Panel Data Estimates}, - volume = {91}, - year = {2001}, -} - -@article{hsiehAlaska, - author = {Hsieh, Chang-Tai}, - journal = {American Economic Review}, - number = {1}, - pages = {397--405}, - title = {Do consumers react to anticipated income changes? - Evidence from the Alaska permanent fund}, - volume = {93}, - year = {2003}, -} - -@article{kuengAlaska, - title={Excess sensitivity of high-income consumers}, - author={Kueng, Lorenz}, - journal={The Quarterly Journal of Economics}, - volume={133}, - number={4}, - pages={1693--1751}, - year={2018}, - publisher={Oxford University Press} -} - -@article{bbdUncertainty, - author = {Baker, Scott R and Bloom, Nicholas and - Davis, Steven J}, - journal = {The Quarterly Journal of Economics}, - number = {4}, - pages = {1593--1636}, - publisher = {Oxford University Press}, - title = {Measuring economic policy uncertainty}, - volume = {131}, - year = {2016}, -} - - -@inbook{NBERc13907, - Crossref = "NBEReich-4", - title = "Survey Measurement of Probabilistic Macroeconomic Expectations: Progress and Promise", - author = "Charles F. Manski", - BookTitle = "NBER Macroeconomics Annual 2017, volume 32", - Publisher = "University of Chicago Press", - year = "2017", - month = "April", - URL = "http://www.nber.org/chapters/c13907", -} - -@INBOOK{bmsValidity, - title = {The Validity of Consumption Data: Are the Consumer - Expenditure Interview and Diary Surveys - Informative?}, - publisher = {University of Chicago Press}, - year = 2013, - author = {Adam Bee and Bruce D. Meyer and James X. Sullivan}, - month = {February}, - booktitle = {Improving the Measurement of Household Expenditures}, - crossref = {NBERcarr11-1}, - url = {http://www.nber.org/chapters/c12662} -} - -@INBOOK{pgmCEvsPCE, - title = {Understanding the Relationship: CE Survey and PCE}, - publisher = {University of Chicago Press}, - year = 2012, - author = {William Passero and Thesia I. Garner and Clinton - McCully}, - month = {April}, - booktitle = {Improving the Measurement of Household Expenditures}, - crossref = {NBERcarr11-1}, - url = {http://www.nber.org/chapters/c12659} -} - -@inproceedings{ParkerSoulelesCarroll, - Crossref = "NBERcarr11-1", - author = {Parker, Jonathan A. and Nicholas S. Souleles and - Christopher D. Carroll}, - title = {The Benefits of Panel Data in Consumer Expenditure - Surveys}, - booktitle = {Improving the Measurement of Consumer Expenditures}, - chapter = {7}, - note = {Final version at - \href{https://www.econ2.jhu.edu/people/ccarroll/papers/ParkerSoulelesCarroll/}{\texttt{https://www.econ2.jhu.edu/people/ccarroll/papers/ParkerSoulelesCarroll/}}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/ParkerSoulelesCarroll/} -} - -@InBook{deatonPuzzlesAndParadoxes, - title = {{P}uzzles and {P}aradoxes}, - year = {2013}, - author = {Angus Deaton}, - crossref = {Eminent}, - file = {deatonPuzzlesAndParadoxes.pdf:deatonPuzzlesAndParadoxes.pdf:PDF}, -} - - - -@misc{crawley_time_2018, - author = {Crawley, Edmund}, - title = {Time Aggregation in Panel Data on Income and Consumption}, - year = {2018}, - howpublished = {Mimeo, Department of Economics, Johns Hopkins University} -} - -@techreport{ckConsumption, - author = {Crawley, Edmund and Kuchler, Andreas}, - institution = {Danmarks Nationalbank}, - month = {November}, - number = {129}, - type = {working paper}, - title = {Consumption Heterogeneity: Micro Drivers and Macro - Implications}, - year = {2018}, -} - -@misc{clMonetary, - author = {Crawley, Edmund and Lee, Seungcheol}, - title = {Monetary Policy Transmission with Many Agents}, - year = {2019}, - howpublished = {Mimeo, Department of Economics, Johns Hopkins University} -} - -@article{summersSecStagReuters, - author = {Summers, Lawrence}, - journal = {Reuters Analysis \& Opinion}, - title = {On secular stagnation}, - volume = {16}, - year = {2013}, -} - -@article{summersSecStagAER, - author = {Summers, Lawrence H}, - journal = {American Economic Review}, - number = {5}, - pages = {60--65}, - title = {Demand side secular stagnation}, - volume = {105}, - year = {2015}, -} - -@article{krugmanSecStagNYT, - author = {Krugman, Paul}, - journal = {New York Times}, - pages = {2013}, - title = {Secular stagnation, coalmines, bubbles, and Larry - Summers}, - volume = {16}, - year = {2013}, -} - -@article{krugmanSecStagCEPR, - author = {Krugman, Paul}, - journal = {Secular stagnation: Facts, causes and cures}, - pages = {61--68}, - publisher = {CEPR Press London}, - title = {Four observations on secular stagnation}, - year = {2014}, -} - -@article{gordonSecStag, - author = {Gordon, Robert J}, - journal = {American Economic Review}, - number = {5}, - pages = {54--59}, - title = {Secular stagnation: A supply-side view}, - volume = {105}, - year = {2015}, -} - -@article{hhhwSecStagNo, - author = {Hamilton, James D and Harris, Ethan S and - Hatzius, Jan and West, Kenneth D}, - journal = {IMF Economic Review}, - number = {4}, - pages = {660--707}, - publisher = {Springer}, - title = {The equilibrium real funds rate: Past, present, and - future}, - volume = {64}, - year = {2016}, -} - -@article{BergerEtAl:HPandC, - author = {David Berger and Veronica Guerrieri and - Guido Lorenzoni and Joseph Vavra}, - journal = {Review of Economic Studies}, - number = {3}, - pages = {1502--1542}, - title = {House Prices and Consumer Spending}, - volume = {85}, - year = {2018}, -} - -@inproceedings{mue07, - author = {Muellbauer, John N.}, - booktitle = {Housing, Housing Finance and Monetary Policy}, - pages = {267--334}, - publisher = {Jackson Hole Symposium, Federal Reserve Bank of - Kansas City}, - title = {Housing, Credit and Consumer Expenditure}, - year = {2007}, -} - -@TECHREPORT{hall:slump, - author = {Hall, Robert E.}, - title = {The Long Slump}, - institution = {{ASSA M}eetings, Denver}, - year = 2011, - type = {{AEA} {P}residential {A}ddress}, - owner = {Jiri}, - timestamp = {2011.01.13} -} - -@article{gkLiq, - author = {Gauti B. Eggertsson and Paul Krugman}, - journal = {The Quarterly Journal of Economics}, - number = {3}, - pages = {1469--1513}, - title = {Debt, Deleveraging, and the Liquidity Trap: A - Fisher--Minsky--Koo Approach}, - volume = {127}, - year = {2012}, -} - - -@article{justPrimTamb:CredSupplyAndHouseBoom, - author = {Alejandro Justiniano and Giorgio Primiceri and - Andrea Tambalotti}, - journal = {Journal of Political Economy}, - title = {Credit Supply and the Housing Boom}, - year = {forthcoming}, -} - -@techreport{huoRRfinFrictionsGR, - author = {Huo, Zhen and R\'{\i}os-Rull, Jos\'e-V\'{\i}ctor}, - institution = {Federal Reserve Bank of Minneapolis}, - month = feb, - number = {526}, - type = {Staff Report}, - title = {Financial Frictions, Asset Prices, and the Great - Recession}, - year = {2016}, -} - -@techreport{garrigaHedlund, - author = {Carlos Garriga and Aaron Hedlund}, - institution = {University of Missouri}, - type = {mimeo}, - title = {Housing Finance, Boom--Bust Episodes, and - Macroeconomic Fragility}, - year = {2018}, -} - -@techreport{kmv:houseBoomBust, - author = {Greg Kaplan and Kurt Mitman and Giovanni L. Violante}, - institution = {National Bureau of Economic Research}, - month = aug, - number = {23694}, - type = {working paper}, - title = {The Housing Boom and Bust: Model Meets Evidence}, - year = {2017}, - url = {https://ideas.repec.org/p/nbr/nberwo/23694.html}, -} - -@techreport{goreaMidriganLiqConstraints, - author = {Denis Gorea and Virgiliu Midrigan}, - institution = {New York University}, - type = {mimeo}, - title = {Liquidity Constraints in the U.S. Housing Market}, - year = {2018}, -} - -@article{wooleyDeregulation, - author = {Woolley, John T.}, - journal = {Presidential Studies Quarterly}, - number = {1}, - pages = {60-80}, - title = {Persistent Leadership: Presidents and the Evolution - of U.S. Financial Reform, 1970-2007}, - volume = {42}, - year = {2012}, - abstract = {Between 1970 and 2007, presidents of both parties - consistently and actively supported financial - deregulation. Given the low visibility and relatively - technical nature of the issues, presidents saw - deregulation as the best way to respond to technical - innovation in the industry and disruptions caused by - inflation. This history suggests several lessons for - students of the role of presidents in policy making. - Presidents can be active in promoting policy reform - even though standard methods for defining the - presidential agenda do not reveal this fact. We see - presidential engagement reflected in White House - statements both before and after legislation is - passed, and in White House use of study reports and - messages to shape an elite consensus.}, - doi = {10.1111/j.1741-5705.2012.03941.x}, - url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1741- - 5705.2012.03941.x}, -} - -@article{landvoigt:rfs, - author = {Landvoigt, Tim}, - journal = {The Review of Financial Studies}, - month = {04}, - number = {6}, - pages = {1865--1902}, - title = {{Housing Demand During the Boom: The Role of - Expectations and Credit Constraints}}, - volume = {30}, - year = {2017}, -} - -@techreport{krusell:usWealthDistr, - author = {Joachim Hubmer and Per Krusell and - Anthony A. {Smith, Jr.}}, - institution = {Yale University}, - type = {mimeo}, - title = {A Comprehensive Quantitative Theory of the U.S. - Wealth Distribution}, - year = {2018}, -} - - -@article{dgTANK, - author = {Debortoli, Davide and Gal{\'\i}, Jordi}, - journal = {Manuscript}, - month = {September}, - title = {Monetary policy with heterogeneous agents: Insights - from TANK models}, - year = {2017}, -} - -@article{bfjstUncertain, - author = {Nicholas Bloom and Max Floetotto and Nir Jaimovich and - Itay {Saporta-Eksten} and Stephen J. Terry}, - journal = {Econometrica}, - month = {May}, - number = {3}, - pages = {1031--1065}, - title = {Really Uncertain Business Cycles}, - volume = {86}, - year = {2018}, -} - -@techreport{BoE_forecasting, - author = {Burgess, Stephen and Fernandez-Corugedo, Emilio and - Groth, Charlotta and Harrison, Richard and - Monti, Francesca and Theodoridis, Konstantinos and - Waldron, Matt}, - institution = {Bank of England}, - month = may, - number = {471}, - type = {working paper}, - title = {The Bank of England's Forecasting Platform: COMPASS, - MAPS, EASE and the Suite of Models}, - year = {2013}, -} - -@article{Trichet_JacksonHoleSpeech, - author = {Jean-Claude Trichet}, - journal = {Proceedings, Economic Policy Symposium, Jackson Hole}, - number = {}, - pages = {243--266}, - title = {Luncheon Address: Central Banking in Uncertain Times: - Conviction and Responsibility}, - volume = {}, - year = {2010}, -} - -@article{bexUncertaintyAssetPrices, - author = {Bekaert, Geert and Engstrom, Eric and Xing, Yuhang}, - journal = {Journal of Financial Economics}, - number = {1}, - pages = {59--82}, - publisher = {Elsevier}, - title = {Risk, uncertainty, and asset prices}, - volume = {91}, - year = {2009}, -} - -@article{drechslerUncertainty, - author = {Drechsler, Itamar}, - journal = {The Journal of Finance}, - number = {5}, - pages = {1843--1889}, - publisher = {Wiley Online Library}, - title = {Uncertainty, time-varying fear, and asset prices}, - volume = {68}, - year = {2013}, -} - -@article{gmAssetPricing, - author = {Gomes, Francisco and Michaelides, Alexander}, - journal = {The Review of Financial Studies}, - number = {1}, - pages = {415--448}, - publisher = {Society for Financial Studies}, - title = {Asset pricing with limited risk sharing and - heterogeneous agents}, - volume = {21}, - year = {2007}, -} - -@techreport{glover:intergenRedistr, - author = {Andrew Glover and Jonathan Heathcote and Dirk Krueger and - R\'{\i}os-Rull, Jos\'e-V\'{\i}ctor}, - institution = {National Bureau of Economic Research}, - month = {October}, - note = - {\url{https://www.sas.upenn.edu/~dkrueger/research/RecessionNew.pdf}}, - number = {16924}, - type = {updated version of working paper}, - title = {Intergenerational Redistribution in the Great - Recession}, - year = {2017}, -} - -@article{favilukis:housing, - author = {Jack Favilukis and Sydney C. Ludvigson and - Stijn {Van Nieuwerburgh}}, - journal = {Journal of Political Economy}, - number = {1}, - pages = {140--223}, - title = {The Macroeconomic Effects of Housing Wealth, Housing - Finance, and Limited Risk Sharing in General - Equilibrium}, - volume = {125}, - year = {2017}, -} - -@techreport{ducaEtAl10_creditArch, - author = {John V. Duca and John Muellbauer and Anthony Murphy}, - institution = {University of Oxford}, - type = {mimeo}, - title = {Credit Market Architecture and the Boom and Bust in - the U.S. Consumption}, - year = {2010}, -} - -@ARTICLE{nsSavingRevisions, - author = {Nakamura, Leonard I. and Stark, Thomas}, - title = {Mismeasured Personal Saving and the Permanent Income - Hypothesis}, - journal = {Working Papers}, - year = 2007, - note = - {\url{http://philadelphiafed.org/research-and-data/publications/working-papers/2007/wp07-8.pdf}}, - file = {nsSavingRevisions.pdf:nsSavingRevisions.pdf:PDF}, - publisher = {Federal Reserve Bank of Philadelphia}, - doi = {dx.doi.org/10.2139/ssrn.707089}, - url = - {http://philadelphiafed.org/research-and-data/publications/working-papers/2007/wp07-8.pdf} -} - -@article{bhutta_mortgageDebt, - author = {Bhutta, Neil}, - journal = {Journal of Monetary Economics}, - number = {C}, - pages = {284--298}, - title = {The Ins and Outs of Mortgage Debt During the Housing - Boom and Bust}, - volume = {76}, - year = {2015}, -} - -@techreport{malmendierSheng, - author = {Ulrike Malmendier and Leslie Sheng Shen}, - institution = {National Bureau of Economic Research}, - month = jun, - number = {24696}, - type = {working paper}, - title = {Scarred Consumption}, - year = {2018}, -} - -@article{jstLeveragedBubbles, - author = {Jord\`{a}, \`{O}scar and Schularick, Moritz and - Taylor, Alan M.}, - journal = {Journal of Monetary Economics}, - number = {S}, - pages = {1--20}, - title = {Leveraged Bubbles}, - volume = {76}, - year = {2015}, -} - -@article{rrAftermath, - author = {Reinhart, Carmen M. and Rogoff, Kenneth S.}, - journal = {American Economic Review}, - month = {May}, - number = {2}, - pages = {466--72}, - title = {The Aftermath of Financial Crises}, - volume = {99}, - year = {2009}, - abstract = {This study investigates the impact of the current - financial crisis on Canada's potential GDP growth. - Using a simple accounting framework to decompose - trend GDP growth into changes in capital, labor - services and total factor productivity, we find a - sizeable drop in Canadian potential growth in the - short term. The estimated decline of about 1 - percentage point originates from a sharply - decelerating capital stock accumulation (as - investment has dropped steeply) and a rising - long-term unemployment rate (which would raise - equilibrium unemployment rates). However, over the - medium term, we expect Canada's potential GDP growth - to gradually rise to around 2 percent, below the - pre-crisis growth rate, mostly reflecting the effects - of population aging and a secular decline in average - working hours.}, - url = {http://ideas.repec.org/a/aea/aecrev/v99y2009i2p466-72.html}, -} - -@article{hurstStafford, - author = {Hurst, Erik and Stafford, Frank}, - journal = {Journal of Money, Credit and Banking}, - month = {December}, - number = {6}, - pages = {985--1014}, - title = {{Home Is Where the Equity Is: Mortgage Refinancing - and Household Consumption}}, - volume = {36}, - year = {2004}, -} - -@article{cooper_housingCollateral, - author = {Daniel Cooper}, - journal = {The Review of Economics and Statistics}, - month = {October}, - number = {4}, - pages = {1183--1197}, - title = {House Price Fluctuations: The Role of Housing Wealth - as Borrowing Collateral}, - volume = {95}, - year = {2013}, -} - -@article{asWealthEffect, - author = {Aruoba, S Boragan and Elul, Ronel and - Kalemli-Ozcan, Sebnem}, - journal = {FRB of Philadelphia Working Paper}, - title = {How Big is the Wealth Effect? Decomposing the - Response of Consumption to House Prices}, - year = {2019}, -} - - -@article{hallRandomWalk, - author = {Hall, Robert E.}, - journal = {Journal of Political Economy}, - note = {Available at - {\url{http://www.stanford.edu/~rehall/Stochastic-JPE-Dec-1978.pdf}}}, - pages = {971--87}, - title = {Stochastic Implications of the Life-Cycle/Permanent - Income Hypothesis: Theory and Evidence}, - volume = {96}, - year = {1978}, - url = {http://www.stanford.edu/~rehall/Stochastic-JPE-Dec- - 1978.pdf}, -} - -@article{kv_microMacro, - author = {Greg Kaplan and Giovanni L. Violante}, - journal = {Journal of Economic Perspectives}, - month = {Summer}, - number = {3}, - pages = {167--194}, - title = {Microeconomic Heterogeneity and Macroeconomic Shocks}, - volume = {32}, - year = {2018}, -} - -@article{auerbachKotlikoffDemographicsAndSaving, - author = {Auerbach, Alan J. and Cai, Jinyong and - Kotlikoff, Laurence J.}, - journal = {Carnegie--Rochester Conference Series on Public - Policy}, - month = {January}, - number = {1}, - pages = {135--156}, - title = {{U.S. Demographics and Saving: Predictions of Three - Saving Models}}, - volume = {34}, - year = {1991}, -} - -@article{curtisEtAl, - author = {Chadwick C. Curtis and Steven Lugauer and - Nelson C. Mark}, - journal = {American Economic Journal: Macroeconomics}, - month = {April}, - number = {2}, - pages = {58--94}, - title = {Demographic Patterns and Household Saving in China}, - volume = {7}, - year = {2015}, -} - -@article{imrohroglu_China, - author = {Imrohoroglu, Ayse and Zhao, Kai}, - journal = {Journal of Monetary Economics}, - number = {C}, - pages = {33--52}, - title = {The Chinese Saving Rate: Long-Term Care Risks, Family - Insurance, and Demographics}, - volume = {96}, - year = {2018}, -} - -@article{bloomEtAl_JME07, - author = {Bloom, David E. and Canning, David and - Mansfield, Richard K. and Moore, Michael}, - journal = {Journal of Monetary Economics}, - pages = {92--114}, - title = {Demographic Change, Social Security Systems and - Savings}, - volume = {54}, - year = {2007}, -} - -@techreport{bosworthChodorowReich07, - author = {Barry Bosworth and Gabriel Chodorow--Reich}, - institution = {Center for Retirement Research, Boston College}, - number = {2}, - type = {working paper}, - title = {Saving and Demographic Change: The Global Dimension}, - year = {2007}, -} - -@incollection{elmendorfMankiw, - author = {Elmendorf, Douglas and Mankiw, N. Gregory}, - booktitle = {Handbook of Macroeconomics}, - chapter = {25}, - edition = {1}, - editor = {Taylor, J. B. and Woodford, M.}, - pages = {1615--1669}, - publisher = {Elsevier}, - title = {Government Debt}, - volume = {1, Part C}, - year = {1999}, -} - -@ARTICLE{kmitchSaving, - author = {Janet H. Kmitch}, - title = {Alternative Measures of Personal Saving}, - journal = {Survey of Current Business}, - year = 2010, - volume = 90, - pages = {10--13}, - month = {October} -} - -@article{prSaving, - author = {Perozek, Maria G. and Marshall B. Reinsdorf}, - journal = {Survey of Current Business 82}, - month = {April}, - pages = {13--24}, - title = {Alternative Measures of Personal Saving}, - year = {2002}, -} - -@article{cam87, - author = {Campbell, John Y.}, - journal = {Econometrica}, - pages = {1249--1273}, - title = {Does Saving Anticipate Declining Labor Income? An - Alternative Test of the Permanent Income Hypothesis}, - volume = {55}, - year = {1987}, -} - -@book{slpMethods, - author = {Stokey, Nancy L. and Lucas, Robert E. and - Edward C. Prescott}, - publisher = {Harvard University Press}, - title = {Recursive Methods in Economic Dynamics}, - year = {1989}, -} - -@ARTICLE{mnUnique, - author = {Janusz Matkowski and Andrzej S. Nowak}, - title = {On Discounted Dynamic Programming With Unbounded - Returns}, - journal = {Economic Theory}, - year = 2011, - volume = 46, - pages = {455--474} -} - -@article{zeldesStochastic, - author = {Zeldes, Stephen P.}, - journal = {Quarterly Journal of Economics}, - month = {May}, - number = {2}, - pages = {275--298}, - title = {Optimal Consumption with Stochastic Income: - {D}eviations from Certainty Equivalence}, - volume = {104}, - year = {1989}, -} - -@ARTICLE{szeidlInvariant, - author = {Szeidl, Adam}, - title = {Stable Invariant Distribution in Buffer-Stock Saving - and Stochastic Growth Models}, - journal = {Manuscript, Central European University}, - year = 2012, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/szeidlInvariant.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/szeidlInvariant.pdf:PDF} -} - -@article{mstCapIncFluct, - author = {Ma, Qingyin and Stachurski, John and - Toda, Alexis Akira}, - journal = {arXiv preprint arXiv:1812.01320}, - title = {The Income Fluctuation Problem with Capital Income - Risk: Optimality and Stability}, - year = {2018}, - url = {https://arxiv.org/abs/1812.01320}, -} - -@article{benhabibWealth, - author = {Benhabib, Jess and Bisin, Alberto and Zhu, Shenghao}, - journal = {Journal of Economic Theory}, - note = {Available at - \url{https://www.nber.org/papers/w20157.pdf}}, - pages = {489--515}, - publisher = {Elsevier}, - title = {The wealth distribution in Bewley economies with - capital income risk}, - volume = {159}, - year = {2015}, - url = {https://www.sciencedirect.com/science/article/pii/ - S0022053115001362}, -} - -@article{rabaultBorrowing, - author = {Rabault, Guillaume}, - journal = {Journal of Economic Dynamics and Control}, - number = {2}, - pages = {217--245}, - publisher = {Elsevier}, - title = {When do borrowing constraints bind? Some new results - on the income fluctuation problem}, - volume = {26}, - year = {2002}, -} - -@article{lsIncFluct, - author = {Li, Huiyu and Stachurski, John}, - journal = {Journal of Economic Dynamics and Control}, - pages = {353--365}, - publisher = {Elsevier}, - title = {Solving the income fluctuation problem with unbounded - rewards}, - volume = {45}, - year = {2014}, -} - -@article{scheinkman&weiss:borrowing, - author = {Scheinkman, Jos\'e and Weiss, Laurence}, - journal = {Econometrica}, - number = {1}, - pages = {23--46}, - title = {Borrowing Constraints and Aggregate Economic - Activity}, - volume = {54}, - year = {1986}, -} - -@article{asHomogeneous, - author = {Alvarez, Fernando and Stokey, Nancy L}, - journal = {Journal of economic theory}, - number = {1}, - pages = {167--189}, - publisher = {Elsevier}, - title = {Dynamic programming with homogeneous functions}, - volume = {82}, - year = {1998}, -} - -@article{rrExistence, - author = {Rinc{\'o}n-Zapatero, Juan Pablo and - Rodr{\'\i}guez-Palmero, Carlos}, - journal = {Econometrica}, - number = {5}, - pages = {1519--1555}, - publisher = {Wiley Online Library}, - title = {Existence and uniqueness of solutions to the Bellman - equation in the unbounded case}, - volume = {71}, - year = {2003}, -} - -@article{mvExistence, - author = {Martins-da-Rocha, V Filipe and Vailakis, Yiannis}, - journal = {Econometrica}, - number = {3}, - pages = {1127--1141}, - publisher = {Wiley Online Library}, - title = {Existence and uniqueness of a fixed point for local - contractions}, - volume = {78}, - year = {2010}, -} - -@article{yaoNote, - author = {Jiaxiong Yao}, - journal = {Manuscript, Johns Hopkins University}, - title = {The Theoretical Foundations of Buffer Stock Saving: A - Note}, - year = {2012}, -} - -@article{duranDiscounting, - author = {Dur{\'a}n, Jorge}, - journal = {Economic Theory}, - number = {2}, - pages = {395--413}, - publisher = {Springer}, - title = {Discounting long run average growth in stochastic - dynamic programs}, - volume = {22}, - year = {2003}, -} - - -@Article{jorgenson:ProductivityGrowthResurgence, - author={Dale W. Jorgenson and Mun S. Ho and Kevin J. Stiroh}, - title={A Retrospective Look at the U.S. Productivity Growth Resurgence}, - journal={Journal of Economic Perspectives}, - year=2008, - volume={22}, - number={1}, - pages={3--24}, - month={Winter}, - keywords={}, - doi={}, -} - - -@Article{fernald:disappointingRecovery, - author={John G. Fernald and Robert Hall and James Stock and Mark Watson}, - title={The Disappointing Recovery of Output after 2009}, - journal={Brookings Papers on Economic Activity}, - year=2017, - volume={Spring}, - keywords={}, - doi={}, -} - -% Update in /Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/economics.bib as well as here -@article{cAndCwithStickyEForthcoming, - title = {Sticky Expectations and Consumption Dynamics}, - journal = {Forthcoming, American Economic Journal: Macroeconomics}, - year = {2020}, - month = {July}, - author = {Christopher D. Carroll and Edmund Crawley and Jiri Slacalek and Kiichi Tokuoka and Matthew N. White} - } - -@article{edge2007learning, - title={Learning and shifts in long-run productivity growth}, - author={Edge, Rochelle M and Laubach, Thomas and Williams, John C}, - journal={Journal of Monetary Economics}, - volume={54}, - number={8}, - pages={2421--2438}, - year={2007}, - publisher={Elsevier} -} - -@ARTICLE{fnHousingHabits, - author = {Flavin, Marjorie and Shinobu Nakagawa}, - title = {A Model of Housing in the Presence of Adjustment - Costs: A Structural Interpretation of Habit - Persistence}, - journal = {The American Economic Review}, - year = {2008}, - volume = {98}, - pages = {474--495}, - number = {1}, - note = {\\ \url{http://www.jstor.org/stable/29729980}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fnHousingHabits.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fnHousingHabits.pdf:PDF}, - publisher = {JSTOR}, - url = {http://www.jstor.org/stable/29729980} -} - -@techreport{fuhrer:IntrinsicPersistence, - author = {Jeffrey C. Fuhrer}, - institution = {Federal Reserve Bank of Boston}, - type = {Presentation at {NBER Summer Institute}}, - title = {Intrinsic Persistence in Expectations: Evidence from - Micro Data}, - year = {2017}, -} - - -@article{fuhrer:JME17, - author = {Jeffrey C. Fuhrer}, - journal = {Journal of Monetary Economics}, - month = {April}, - pages = {22--55}, - title = {Expectations as a Source of Macroeconomic - Persistence: Evidence from Survey Expectations in a - Dynamic Macro Model}, - volume = {86}, - year = {2017}, - doi = {}, -} - - - -@techreport{Kueng:Near-rationality, - title = {Explaining Consumption Excess Sensitivity with Near-Rationality: Evidence from Large Predetermined Payments}, - author = {Lorenz Kueng}, - institution = {National Bureau of Economic Research}, - type = {working paper}, - series = {working paper series}, - number = {21772}, - year = {2015}, - month = {December}, - doi = {10.3386/w21772}, -} - -@misc{kmpIncomeExpectations, - author = {Karahan, Fatih and Sean Mihaljevich and - Laura Pilossoph}, - howpublished = - {\href{http://libertystreeteconomics.newyorkfed.org/2017/11/understanding-permanent-and-temporary-income-shocks.html}{URL link retrieved on 03/02/2018 \texttt{here}.}}, - journal = {Liberty Street Economics}, - number = {November 08}, - type = {Blog}, - title = {Understanding Permanent and Temporary Income Shocks}, - year = {2017}, -} - -@article{kalmanFilter, - Author = {Kalman, Rudolph Emil}, - Title = {A New Approach to Linear Filtering and Prediction Problems}, - Journal = {Transactions of the ASME--Journal of Basic Engineering}, - Volume = {82}, - Number = {Series D}, - Pages = {35--45}, - Year = {1960} -} - -@Article{alvarezGuisoLippi:DurCons, - author={Fernando Alvarez and Luigi Guiso and Francesco Lippi}, - title={Durable Consumption and Asset Management with Transaction and Observation Costs}, - journal={American Economic Review}, - year=2012, - volume={102}, - number={5}, - pages={2272--2300}, - month={August}, - keywords={}, - doi={}, - url={https://ideas.repec.org/a/aea/aecrev/v102y2012i5p2272-2300.html} -} - - -@Article{gabaixSparsityQJE, - author={Xavier Gabaix}, - title={A Sparsity-Based Model of Bounded Rationality}, - journal={The Quarterly Journal of Economics}, - year={2014}, - volume={129}, - number={4}, - pages={1661--1710}, - url={https://ideas.repec.org/a/oup/qjecon/v129y2014i4p1661-1710.html} -} - - -@TechReport{hebertWoodford, - author={Benjamin H\'{e}bert and Michael Woodford}, - title={Rational Inattention and Sequential Information Sampling}, - year=2017, - month=Sep, - institution={National Bureau of Economic Research}, - type={NBER Working Papers}, - url={https://ideas.repec.org/p/nbr/nberwo/23787.html}, - number={23787}, -} - - -@Article{chettySzeidl:cCommitmentsEcta, - author={Raj Chetty and Adam Szeidl}, - title={Consumption Commitments and Habit Formation}, - journal={Econometrica}, - year=2016, - volume={84}, - number={}, - pages={855--890}, - month={03}, - url={https://ideas.repec.org/a/wly/emetrp/v84y2016ip855-890.html} -} - -@ARTICLE{css10_stickyCgrowth_restat, - author = {Christopher D. Carroll and Jiri Slacalek and Martin Sommer}, - title = {International Evidence on Sticky Consumption Growth}, - journal = {The Review of Economics and Statistics}, - year = {2011}, - volume = {93}, - number = {4}, - pages = {1135--1145}, - owner = {Jirka}, - timestamp = {2010.06.10} -} - - -@ARTICLE{som07, - author = {Martin Sommer}, - title = {Habit Formation and Aggregate Consumption Dynamics}, - journal = {Advances in Macroeconomics}, - year = {2007}, - volume = {7}, - pages = {Article 21}, - number = {1} -} - -@article{mackWiedREStud15, -author = {Ma\'{c}kowiak, Bartosz and Wiederholt, Mirko}, -title = {Business Cycle Dynamics under Rational Inattention}, -journal = {The Review of Economic Studies}, -volume = {82}, -number = {4}, -pages = {1502--1532}, -year = {2015}, -doi = {10.1093/restud/rdv027}, -URL = { + http://dx.doi.org/10.1093/restud/rdv027}, -eprint = {/oup/backfile/content_public/journal/restud/82/4/10.1093_restud_rdv027/2/rdv027.pdf} -} - -@Article{coibGor:AER15, - author={Olivier Coibion and Yuriy Gorodnichenko}, - title={{Information Rigidity and the Expectations Formation Process: A Simple Framework and New Facts}}, - journal={American Economic Review}, - year=2015, - volume={105}, - number={8}, - pages={2644--2678}, - month={August}, - keywords={}, - doi={}, -} - - - - -@article{msInertiaAER, - ISSN = {00028282}, - URL = {http://www.jstor.org/stable/30034632}, - author = {Stephen Morris and Hyun Song Shin}, - journal = {The American Economic Review}, - number = {2}, - pages = {152--157}, - publisher = {American Economic Association}, - title = {Inertia of Forward-Looking Expectations}, - volume = {96}, - year = {2006} -} - -@article{ganong2017effect, - title={The Effect of Debt on Default and Consumption: Evidence from Housing Policy in the Great Recession}, - author={Ganong, Peter and Noel, Pascal}, - journal={Unpublished Working Paper}, - year={2017}, - url={https://scholar.harvard.edu/files/ganong/files/ganong_noel_housing_draft_2016-11-09.pdf} -} - -@article{hkmoHousingMPC, - author = {Aaron Hedlund and Fatih Karahan, Kurt Mitman, Serdar Ozkan}, - title = {Monetary Policy, Heterogeneity, and the Housing Channel}, - year = {2017}, - journal = {RBNZ Conference on Heterogeneous Agents and Housing}, -} - -@article{druedahlNEGM, - url = {www.econ.ku.dk/druedahl/papers/2017_NEGM.pdf}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/druedahlNEGM.pdf}}, - title = {A Fast Nested Endogenous Grid Method for Solving General Consumption-Saving Models}, - author = {Druedahl, Jeppe}, - journal = {Manuscript, University of Copenhagen} -} - -@Article{JBES1982, - author={Perraudin, William R M and Sorensen, Bent E}, - title={{The Credit-Constrained Consumer: An Empirical Study of Demand and Supply in the Loan Market}}, - journal={Journal of Business and Economic Statistics}, - year=1992, - volume={10}, - number={2}, - pages={179-192}, - month={April}, - keywords={}, - doi={}, - abstract={No abstract is available for this item.}, - url={https://ideas.repec.org/a/bes/jnlbes/v10y1992i2p179-92.html} -} -@Article{JBES1996, - author={Ho, Mun S and Perraudin, William R M and Sorensen, Bent E}, - title={{A Continuous-Time Arbitrage-Pricing Model with Stochastic Volatility and Jumps}}, - journal={Journal of Business and Economic Statistics}, - year=1996, - volume={14}, - number={1}, - pages={31-43}, - month={January}, - keywords={}, - doi={}, - abstract={ The authors formulate and test a continuous time asset pricing model using U.S. equity market data. They assume that stock returns are driven by common factors including random jump-size Poisson processes and Brownian motions with stochastic volatility. The model places over-identifying restrictions on the mean returns allowing one to identify risk neutral probability distributions useful in pricing derivative securities. The authors test for the restrictions and decompose moments of the asset returns into the contributions made by different factors. Their econometric methods take full account of time aggregation.}, - url={https://ideas.repec.org/a/bes/jnlbes/v14y1996i1p31-43.html} -} -@Article{JECM2000, - author={Perraudin, William R. M. and Sorensen, Bent E.}, - title={{The demand for risky assets: Sample selection and household portfolios}}, - journal={Journal of Econometrics}, - year=2000, - volume={97}, - number={1}, - pages={117-144}, - month={July}, - keywords={}, - doi={}, - abstract={No abstract is available for this item.}, - url={https://ideas.repec.org/a/eee/econom/v97y2000i1p117-144.html} -} -@Article{JEcM1997, - author={Andersen, Torben G. and Sorensen, Bent E.}, - title={{GMM and QML asymptotic standard deviations in stochastic volatility models: Comments on Ruiz (1994)}}, - journal={Journal of Econometrics}, - year=1997, - volume={76}, - number={1-2}, - pages={397-403}, - month={}, - keywords={}, - doi={}, - abstract={No abstract is available for this item.}, - url={https://ideas.repec.org/a/eee/econom/v76y1997i1-2p397-403.html} -} -@Article{JIE1998, - author={Sorensen, Bent E. and Yosha, Oved}, - title={{International risk sharing and European monetary unification}}, - journal={Journal of International Economics}, - year=1998, - volume={45}, - number={2}, - pages={211-238}, - month={August}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/eee/inecon/v45y1998i2p211-238.html} -} -@Article{REStat1996, - author={Ho, Mun S and Sorensen, Bent E}, - title={{Finding Cointegration Rank in High Dimensional Systems Using the Johansen Test: An Illustration Using Data Based Monte Carlo Simulations}}, - journal={The Review of Economics and Statistics}, - year=1996, - volume={78}, - number={4}, - pages={726-732}, - month={November}, - keywords={}, - doi={}, - abstract={ The authors examine the ability of the Johansen (1991) test to estimate the number of unit roots in high dimensional systems. They use data based Monte Carlo methods as a simple means of evaluating the validity of inference using asymptotic critical values. These simulations for a typical annual post-World War II dataset illustrate how the estimated number of unit roots change in a nonmonotone fashion with the dimension of the system, and with the number of lags in the VAR representation. The authors find that overparametrization in high dimensions is as bad as underparametrization. The Bayes information criteria outperforms the Akaike information criteria in their setup. Copyright 1996 by MIT Press.}, - url={https://ideas.repec.org/a/tpr/restat/v78y1996i4p726-32.html} -} - -@Article{asGMM, - author={Andersen, Torben G and Sorensen, Bent E}, - title={{GMM Estimation of a Stochastic Volatility Model: A Monte Carlo Study}}, - journal={Journal of Business and Economic Statistics}, - year=1996, - volume={14}, - number={3}, - pages={328-352}, - month={July}, - keywords={}, - doi={}, - abstract={ The authors examine alternative generalized method of moments procedures for estimation of a lognormal stochastic autoregressive volatility model by Monte Carlo methods. They document the existence of a trade-off between the number of moments, or information, included in estimation and the quality, or precision, of the objective function used for estimation. Furthermore, an approximation to the optimal weighting matrix is utilized to explore the impact of the weighting matrix for estimation, specification testing, and inference procedures. The results provide guidelines that help achieve desirable small sample properties in settings characterized by strong conditional heteroskedasticity and correlation among the moments.}, - url={https://ideas.repec.org/a/bes/jnlbes/v14y1996i3p328-52.html} -} -@Article{EJ1998, - author={Albaek, Karsten and Sorensen, Bent E}, - title={{Worker Flows and Job Flows in Danish Manufacturing, 1980-91}}, - journal={Economic Journal}, - year=1998, - volume={108}, - number={451}, - pages={1750-1771}, - month={November}, - keywords={}, - doi={}, - abstract={ The authors map turnover of workers and jobs in Danish manufacturing over the 1980 to 1991 period, using information about all individual manufacturing plants. They examine the relation between worker flows and job flows and the authors study separations from, and hires to, existing jobs (replacement hiring) in detail. Their results reveal large heterogeneity among workers as well as plants, even adjusting for the level of job flows. The cyclical properties of worker reallocation point to worker-flow dynamics being driven by workers quitting in upturns to find better jobs, rather than by plants upgrading the labor force in recessions.}, - url={https://ideas.repec.org/a/ecj/econjl/v108y1998i451p1750-71.html} -} -@Article{RePEc:eee:eecrev:v:45:y:2001:i:7:p:1271-1310, - author={Sorensen, Bent E. and Wu, Lisa and Yosha, Oved}, - title={{Output fluctuations and fiscal policy: U.S. state and local governments 1978-1994}}, - journal={European Economic Review}, - year=2001, - volume={45}, - number={7}, - pages={1271-1310}, - month={}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/eee/eecrev/v45y2001i7p1271-1310.html} -} -@Article{JEcM1999, - author={Andersen, Torben G. and Chung, Hyung-Jin and Sorensen, Bent E.}, - title={{Efficient method of moments estimation of a stochastic volatility model: A Monte Carlo study}}, - journal={Journal of Econometrics}, - year=1999, - volume={91}, - number={1}, - pages={61-87}, - month={July}, - keywords={}, - doi={}, - abstract={No abstract is available for this item.}, - url={https://ideas.repec.org/a/eee/econom/v91y1999i1p61-87.html} -} - -@Article{JIMF2007, - author={Sorensen, Bent E. and Wu, Yi-Tsung and Yosha, Oved and Zhu, Yu}, - title={{Home bias and international risk sharing: Twin puzzles separated at birth}}, - journal={Journal of International Money and Finance}, - year=2007, - volume={26}, - number={4}, - pages={587-605}, - month={June}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/eee/jimfin/v26y2007i4p587-605.html} -} -@Article{JPE2002, - author={Charlotte Ostergaard and Bent E. S{\o}rensen and Oved Yosha}, - title={{Consumption and Aggregate Constraints: Evidence from U.S. States and Canadian Provinces}}, - journal={Journal of Political Economy}, - year=2002, - volume={110}, - number={3}, - pages={634-645}, - month={June}, - keywords={}, - doi={}, - abstract={State-level consumption exhibits excess sensitivity to lagged income to the same extent as U.S. aggregate data, but state-specific (idiosyncratic) consumption exhibits substantially less sensitivity to lagged state-specific incomea result that also holds for Canadian provinces. We propose the following interpretation: borrowing and lending in response to changes in consumer demand are easier for individual U.S. states than for the United States as a whole, and therefore, the measured deviation from the benchmark permanent income hypothesis model is smaller. However, lagged state-specific variables help predict state-specific consumption, suggesting that the PIH model still requires qualification.}, - url={https://ideas.repec.org/a/ucp/jpolec/v110y2002i3p634-645.html} -} -@Article{RePEc:aeq:aeqaeq:v53_y2007_i1_q1_p3-17, - author={Bent E. Sørensen and Oved Yosha}, - title={{Producer Prices versus Consumer Prices in the Measurement of Risk Sharing}}, - journal={Applied Economics Quarterly (formerly: Konjunkturpolitik)}, - year=2007, - volume={53}, - number={1}, - pages={3-17}, - month={}, - keywords={Inter-regional insurance; U.S.\ states; Consumption smoothing; Volume of output; Price indices}, - doi={}, - abstract={In empirical research on the measurement of macroeconomic risk sharing there is no agreement on how Gross Domestic Product (GDP), or the corresponding series for regions, should be deflated. We present a stylized theoretical model that illustrates why the appropriate method for deflating nominal GDP (for the purpose of measuring risk sharing) is with a CPI deflator, not with a GDP deflator. We further explain that CPI deflated GDP (the ``consumption value'' of output) and GDP deflated with a GDP deflator (the volume of output) do represent the same underlying economic series up to measurement error. We illustrate the results estimating the amount of risk shared within subgroups of U.S. states.}, - url={https://ideas.repec.org/a/aeq/aeqaeq/v53_y2007_i1_q1_p3-17.html} -} -@Article{EconometricTheory1994, - author={Nabeya, Seiji and S{\o}rensen, Bent E.}, - title={{Asymptotic Distributions of the Least-Squares Estimators and Test Statistics in the Near Unit Root Model with Non-Zero Initial Value and Local Drift and Trend}}, - journal={Econometric Theory}, - year=1994, - volume={10}, - number={05}, - pages={937-966}, - month={December}, - keywords={}, - doi={}, - abstract={This paper considers the distribution of the Dickey-Fuller test in a model with non-zero initial value and drift and trend. We show how stochastic integral representations for the limiting distribution can be derived either from the local to unity approach with local drift and trend or from the continuous record asymptotic results of Sørensen [29]. We also show how the stochastic integral representations can be utilized as the basis for finding the corresponding characteristic functions via the Fredholm approach of Nabeya and Tanaka [16,17], This “link” between those two approaches may be of general interest. We further tabulate the asymptotic distribution by inverting the characteristic function. Using the same methods, we also find the characteristic function for the asymptotic distribution for the Schmidt-Phillips [26] unit root test. Our results show very clearly the dependence of the various tests on the initial value of the time series.}, - url={https://ideas.repec.org/a/cup/etheor/v10y1994i05p937-966_00.html} -} -@Article{REStat2010, - author={Sebnem Kalemli-Ozcan and Ariell Reshef and Bent E S{\o}rensen and Oved Yosha}, - title={{Why Does Capital Flow to Rich States?}}, - journal={The Review of Economics and Statistics}, - year=2010, - volume={92}, - number={4}, - pages={769-783}, - month={November}, - keywords={}, - doi={}, - abstract={ The magnitude and the direction of net international capital flows do not fit neoclassical models. The fifty U.S. states comprise an integrated capital market with very low barriers to capital flows, which makes them an ideal testing ground for neoclassical models. We develop a simple frictionless open economy model with perfectly diversified ownership of capital and find that capital flows among the states are consistent with the model. Therefore, the small size and \"wrong\" direction of net international capital flows are likely due to frictions associated with national borders, not to inherent flaws in the neoclassical model. (c) 2010 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.}, - url={https://ideas.repec.org/a/tpr/restat/v92y2010i4p769-783.html} -} -@Article{EconometricTheory1992, - author={S{\o}rensen, Bent E.}, - title={{Continuous Record Asymptotics in Systems of Stochastic Differential Equations}}, - journal={Econometric Theory}, - year=1992, - volume={8}, - number={01}, - pages={28-51}, - month={March}, - keywords={}, - doi={}, - abstract={This paper considers estimation based on a set of T + 1 discrete observations, y (0), y ( h ), y (2 h ),…, y ( Th ) = y ( N ), where h is the sampling frequency and N is the span of the data. In contrast to the standard approach of driving N to infinity for a fixed sampling frequency, the current paper follows Phillips [35,36] and Perron [29] and examines the “dual” asymptotics implied by letting h tend to zero while the span N remains fixed.}, - url={https://ideas.repec.org/a/cup/etheor/v8y1992i01p28-51_01.html} -} -@Article{JME2010, - author={Hryshko, Dmytro and José Luengo-Prado, María and S{\o}rensen, Bent E.}, - title={{House prices and risk sharing}}, - journal={Journal of Monetary Economics}, - year=2010, - volume={57}, - number={8}, - pages={975-987}, - month={November}, - keywords={}, - doi={}, - abstract={Homeowners in the Panel Study of Income Dynamics are able to maintain a high level of consumption following job loss (or disability) in periods of rising local house prices while the consumption drop for homeowners who lose their job in times of lower house prices is substantial. These results are consistent with homeowners being able to access wealth gains when housing appreciates as witnessed by their ability to smooth consumption more than renters. A calibrated model of endogenous homeownership and consumption is able to reproduce the patterns in the data quite well and provides an interpretation of the empirical results.}, - url={https://ideas.repec.org/a/eee/moneco/v57y2010i8p975-987.html} -} -@Article{QE2011, - author={Dmytro Hryshko and María José Luengo-Prado and Bent E. Sørensen}, - title={{Childhood determinants of risk aversion: The long shadow of compulsory education}}, - journal={Quantitative Economics}, - year=2011, - volume={2}, - number={1}, - pages={37-72}, - month={03}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/ecm/quante/v2y2011i1p37-72.html} -} -@Article{BEJournal2012, - author={Hryshko Dmytro and Luengo-Prado Maria and Sorensen Bent E.}, - title={{The Effect of Education on Equity Holdings}}, - journal={The B.E. Journal of Economic Analysis and Policy}, - year=2012, - volume={12}, - number={1}, - pages={1-41}, - month={March}, - keywords={}, - doi={}, - abstract={We study the effect of education on equity ownership in the form of stocks or mutual funds (outside of retirement accounts). We find a causal effect of education on stockholding using the number of colleges in the county where the respondent grew up as an instrument and data from the Panel Study of Income Dynamics. The effect is particularly strong for whites from non-privileged backgrounds. We explore the channels through which education affects equity holdings using the Wisconsin Longitudinal Survey and find that, controlling for family fixed effects, increased cognition and features associated with having a white collar job appear to be the main channels.}, - url={https://ideas.repec.org/a/bpj/bejeap/v12y2012i1n10.html} -} -@Article{Canadian2012, - author={Faruk Balli and Sebnem Kalemli-Ozcan and Bent E. Sorensen}, - title={{Risk sharing through capital gains}}, - journal={Canadian Journal of Economics}, - year=2012, - volume={45}, - number={2}, - pages={472-492}, - month={May}, - keywords={}, - doi={}, - abstract={We estimate channels of international risk sharing between European Monetary Union (EMU), European Union, and other OECD countries, 1992-2007. We focus on risk sharing through savings, factor income flows, and capital gains. Risk sharing through factor income and capital gains was close to zero before 1999 but has increased since then. Risk sharing from capital gains, at about 6\%, is higher than risk sharing from factor income flows for European Union countries and OECD countries. Risk sharing from factor income flows is higher for euro zone countries, at 14\%, reflecting increased international asset and liability holdings in the euro area.}, - url={https://ideas.repec.org/a/cje/issued/v45y2012i2p472-492.html} -} -@Article{JIE2012, - author={Kalemli-Ozcan, Sebnem and Sorensen, Bent and Yesiltas, Sevcan}, - title={{Leverage across firms, banks, and countries}}, - journal={Journal of International Economics}, - year=2012, - volume={88}, - number={2}, - pages={284-298}, - month={}, - keywords={Leverage; Crisis; International; Banks; Firms}, - doi={10.1016/j.jinteco.2012.03}, - abstract={We present new stylized facts on bank and firm leverage during the period 2000–2009 using internationally comparable micro level data from many countries. We document the following patterns: a) there was an increase in leverage for investment banks prior to the sub-prime crisis; b) there was no visible increase in leverage for the typical commercial bank and non-financial firm; c) off-balance-sheet items constitute a big fraction of assets, especially for large commercial banks in the US, whereas investment banks do not report these items; d) the leverage ratio is procyclical for investment banks and for large commercial banks in the US; e) banks in emerging markets with tighter bank regulation and stronger investor protection experienced significantly less deleveraging during the crisis. The results suggest that excessive risk taking before the crisis was not easily detectable because the risk involved the quality rather than the quantity of assets.}, - url={https://ideas.repec.org/a/eee/inecon/v88y2012i2p284-298.html} -} -@Article{AER2003, - author={Sebnem Kalemli-Ozcan and Bent E. Sørensen and Oved Yosha}, - title={{Risk Sharing and Industrial Specialization: Regional and International Evidence}}, - journal={American Economic Review}, - year=2003, - volume={93}, - number={3}, - pages={903-918}, - month={June}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/aea/aecrev/v93y2003i3p903-918.html} -} -@Article{SocialIndicators2012, - author={Cahit Guven and Bent Sørensen}, - title={{Subjective Well-Being: Keeping Up with the Perception of the Joneses}}, - journal={Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement}, - year=2012, - volume={109}, - number={3}, - pages={439-469}, - month={December}, - keywords={Happiness; Social comparison; Status; Perceptions; D14; D63; I31}, - doi={10.1007/s11205-011-9910-x}, - abstract={Using data from the US General Social Survey 1972–2004, we study the role of perceptions and status in self-reported happiness. Reference group income negatively relates to own happiness and high perceptions about own relative income, quality of dwelling, and social class relate positively and very significantly to happiness. Perceptions about income and status matter more for females, and for low income, conservative, more social, and less trusting individuals. Dwelling perceptions matter more for males, and for middle income, married, conservative, more social, and less trusting individuals. Copyright Springer Science+Business Media B.V. 2012}, - url={https://ideas.repec.org/a/spr/soinre/v109y2012i3p439-469.html} -} -@Article{EmpiricalEcon2013, - author={Hatice Balli and Bent S{\o}rensen}, - title={{Interaction effects in econometrics}}, - journal={Empirical Economics}, - year=2013, - volume={45}, - number={1}, - pages={583-603}, - month={August}, - keywords={Non-linear regression; Interaction terms; C12; C13}, - doi={10.1007/s00181-012-0604-2}, - abstract={We provide practical advice for applied economists regarding robust specification and interpretation of linear regression models with interaction terms. We replicate a number of prominently published results using interaction effects and examine if they are robust to reasonable specification permutations. Copyright Springer-Verlag 2013}, - url={https://ideas.repec.org/a/spr/empeco/v45y2013i1p583-603.html} -} - -@Article{Scandinavian2014, - author={Sebnem Kalemli-Ozcan and Emiliano Luttini and Bent Sorensen}, - title={{Debt Crises and Risk-Sharing: The Role of Markets versus Sovereigns}}, - journal={Scandinavian Journal of Economics}, - year=2014, - volume={116}, - number={1}, - pages={253-276}, - month={01}, - keywords={}, - doi={}, - abstract={}, - url={https://ideas.repec.org/a/bla/scandj/v116y2014i1p253-276.html} -} -@Article{JEEA2014, - author={Sebnem Kalemli-Ozcan and Bent Sorensen and Vadym Volosovych}, - title={{Deep Financial Integration And Volatility}}, - journal={Journal of the European Economic Association}, - year=2014, - volume={12}, - number={6}, - pages={1558-1585}, - month={December}, - keywords={}, - doi={}, - abstract={ We investigate the relationship between foreign direct ownership of firms and firm- and region-level output volatility using a novel panel data set for European countries. We document a positive, highly robust, relationship between firm-level foreign ownership and volatility of value added. This relationship holds cross-sectionally and in panels with firm fixed effects where the relationship captures within-firm variation over time. Considering domestic firms with assets in foreign countries, we document that it is international diversification, rather than the nationality of the owner, that explains this positive correlation. Our results can also be found at the aggregate level, where we show that region-level volatility is correlated positively with foreign investment in the region. We show that this positive relation between aggregate volatility and foreign investment can be explained by the granularity of the firm size distribution and the fact that foreign ownership is concentrated among the largest firms.}, - url={https://ideas.repec.org/a/bla/jeurec/v12y2014i6p1558-1585.html} -} -@Article{QJE1996, - author={Pierfederico Asdrubali and Bent E. S{\o}rensen and Oved Yosha}, - title={{Channels of Interstate Risk Sharing: United States 1963–1990}}, - journal={The Quarterly Journal of Economics}, - year=1996, - volume={111}, - number={4}, - pages={1081-1110}, - month={}, - keywords={}, - doi={}, - abstract={We develop a framework for quantifying the amount of risk sharing among states in the United States, and construct data that allow us to decompose the cross-sectional variance in gross state product into several components which we refer to as levels of smoothing. We find that 39 percent of shocks to gross state product are smoothed by capital markets, 13 percent are smoothed by the federal government, and 23 percent are smoothed by credit markets. The remaining 25 percent are not smoothed. We also decompose the federal government smoothing into subcategories: taxes, transfers, and grants to states.}, - url={https://ideas.repec.org/a/oup/qjecon/v111y1996i4p1081-1110..html} -} -@Article{J-Urban2016, - author={Craig, Steven G. and Hemissi, Wided and Mukherjee, Satadru and S{\o}rensen, Bent E.}, - title={{How do politicians save? Buffer-stock management of unemployment insurance finance}}, - journal={Journal of Urban Economics}, - year=2016, - volume={93}, - number={C}, - pages={18-29}, - month={}, - keywords={Government savings; Unemployment insurance; Impatience; Prudence}, - doi={10.1016/j.jue.2016.02.002}, - abstract={We fit an empirical structural model of forward looking government savings behavior to data from the U.S. state Unemployment Insurance (UI) programs 1976–2008. States increase benefits or lower taxes when Unemployment Trust fund balances are high, consistent with a desired target level of savings. This can be explained by the representative state program behaving like a Carroll (1992) buffer-stock consumer who trades off a desire to expend savings (impatience) against the fear of running out of funds (risk aversion). We calibrate the model to the data and find that statistics from model simulations match similar statistics produced from the data for reasonable levels of risk aversion and impatience.}, - url={https://ideas.repec.org/a/eee/juecon/v93y2016icp18-29.html} -} -@Article{AEJ2017, - author={Yuliya Demyanyk and Dmytro Hryshko and María Jose Luengo-Prado and Bent E. S{\o}rensen}, - title={{Moving to a Job: The Role of Home Equity, Debt, and Access to Credit}}, - journal={American Economic Journal: Macroeconomics}, - year=2017, - volume={9}, - number={2}, - pages={149-181}, - month={April}, - keywords={}, - doi={}, - abstract={We use individual-level credit reports merged with loan-level mortgage data to estimate how home equity interacted with mobility in relatively weak and strong labor markets in the United States during the Great Recession. We construct a dynamic model of housing, consumption, employment, and relocation, which provides a structural interpretation of our empirical results and allows us to explore the role that foreclosure played in labor mobility. We find that negative home equity is not a significant barrier to job-related mobility because the benefits of accepting an out-of-area job outweigh the costs of moving. This pattern holds even if homeowners are not able to default on their mortgages.}, - url={https://ideas.repec.org/a/aea/aejmac/v9y2017i2p149-81.html} -} -@TechReport{ORBIS, - author={Sebnem Kalemli-Ozcan and Bent Sorensen and Carolina Villegas-Sanchez and Vadym Volosovych and Sevcan Yesiltas}, - title={{How to Construct Nationally Representative Firm Level data from the ORBIS Global Database}}, - year=2015, - month=Sep, - institution={National Bureau of Economic Research, Inc}, - type={NBER Working Papers}, - url={https://ideas.repec.org/p/nbr/nberwo/21558.html}, - number={21558}, - abstract={Firm-level data on productivity, financial activity and firms' international linkages have become essential for research in the fields of macro, international finance and growth. This paper describes the development of a firm-level global panel dataset for public and private companies based on the administrative micro-dataset ORBIS, provided commercially by Bureau van Dijk Electronic Publishing (BvD). The ORBIS database provides data on firms' financial and productive activities from balance sheets and income statements together with detailed information on firms' domestic and international ownership structure for over 130 million companies across the world. Researchers need to overcome several challenges before making the database usable for research. First, the database is not designed for large downloads that is essential for an econometric analysis. Second, there are several inherent biases in the database that affect the download process and lead to missing information. Third, the raw data may contain a number of irregularities which, if not dealt with, will result in data loss during a standard cleaning procedure. In combination, these issues cause minimal coverage of small firms, extensive missing data, and poor national representation. We give detailed instructions on the data gathering process from ORBIS in terms of downloading methodology and cleaning procedure so that a researcher can construct a database that is nationally representative with minimal missing information. We provide examples from several European countries to present the process and discuss the resulting dataset in detail.}, - keywords={}, - doi={}, -} -@book{NBEReich-4, - title = "NBER Macroeconomics Annual 2017, volume 32", - author = "Martin S. Eichenbaum and Jonathan Parker", - institution = "National Bureau of Economic Research", - type = "Book", - publisher = "University of Chicago Press", - year = "2017", - URL = "http://www.nber.org/books/eich-4", -} - -@article{lebaron2006agent, - title={Agent-based computational finance}, - author={LeBaron, Blake}, - journal={Handbook of computational economics}, - volume={2}, - pages={1187--1233}, - year={2006}, - publisher={Elsevier} -} - -@article{qiu2017limited, - title={Limited individual attention and online virality of low-quality information}, - author={Qiu, Xiaoyan and Oliveira, Diego FM and Shirazi, Alireza Sahami and Flammini, Alessandro and Menczer, Filippo}, - journal={Nature Human Behavior}, - volume={1}, - pages={0132}, - year={2017} -} - -@article{epstein2009modelling, - title={Modelling to contain pandemics}, - author={Epstein, Joshua M}, - journal={Nature}, - volume={460}, - number={7256}, - pages={687--687}, - year={2009}, - publisher={Nature Publishing Group} -} -@article{gafhcghpyGetting, - title={Getting at systemic risk via an agent-based model of the housing market}, - author={Geanakoplos, John and Axtell, Robert and Farmer, Doyne J and Howitt, Peter and Conlee, Benjamin and Goldstein, Jonathan and Hendrey, Matthew and Palmer, Nathan M and Yang, Chun-Yi}, - journal={The American Economic Review}, - volume={102}, - number={3}, - pages={53--58}, - year={2012}, - publisher={American Economic Association} -} - -@article{bfhltuMacroprudential, - title={Macroprudential policy in an agent-based model of the UK housing market}, - author={Baptista, Rafa and Farmer, J Doyne and Hinterschweiger, Marc and Low, Katie and Tang, Daniel and Uluc, Arzu}, - journal={Bank of England Staff Working Paper No. 619: Macroprudential policy in an agent-based model of the UK housing market - Rafa Baptista, J Doyne Farmer, Marc Hinterschweiger, Katie Low, Daniel Tang and Arzu Uluc}, - year={2016} -} - -@article{bdksLeverage, - title={House Price Beliefs and Mortgage Leverage Choice}, - author={Bailey, Michael C and D{\'a}vila, Eduardo and Kuchler, Theresa and Stroebel, Johannes}, - journal={Manuscript}, - year={2017} -} - -@article{reiterSolving, - title = {Solving heterogeneous-agent models by projection and perturbation}, - volume = {33}, - number = {3}, - journal = {Journal of Economic Dynamics and Control}, - author = {Reiter, Michael}, - month = mar, - year = {2009}, - pages = {649--665}, - url = {https://www.sciencedirect.com/science/article/pii/S0165188908001528}, - note = {\href{https://www.sciencedirect.com/science/article/pii/S0165188908001528}{https://www.sciencedirect.com/science/article/pii/S0165188908001528}} -} - -@techreport{reiterApproximate, - title = {Approximate and {Almost}-{Exact} {Aggregation} in {Dynamic} {Stochastic} {Heterogeneous}-{Agent} {Models}}, - number = {258}, - institution = {Institute for Advanced Studies}, - author = {Reiter, Michael}, - month = oct, - year = {2010}, -} - - -@article{summersWolf2, - author = {Summers, Lawrence H.}, - journal = {Financial Times interview}, - note = {\url{http://larrysummers.com/commentary/speeches/brenton-woods-speech/}}, - title = {Larry Summers and Martin Wolf on New Economic - Thinking}, - year = {2011}, - url = {http://larrysummers.com/commentary/speeches/brenton-woods-speech/}, -} - -@article{akerlofMMM, - author = {Akerlof, George A.}, - journal = {American Economic Review}, - note = {\url{https://www.aeaweb.org/articles?id=10.1257/aer.97.1.5}}, - number = {1}, - pages = {5--36}, - title = {The Missing Motivation in Macroeconomics}, - volume = {97}, - year = {2007}, - url = {https://www.aeaweb.org/articles?id=10.1257/aer.97.1.5}, -} - -@article{shillerTeach, - author = {Shiller, Robert J.}, - journal = {Journal of Economic Education}, - number = {4}, - pages = {403--09}, - title = {How Should the Financial Crisis Change How We Teach Economics?}, - volume = {41}, - year = {2010}, -} - -@article{stock_confidence_1991, - title = {Confidence intervals for the largest autoregressive root in {U}.{S}. macroeconomic time series}, - volume = {28}, - url = {http://econpapers.repec.org/article/eeemoneco/v_3a28_3ay_3a1991_3ai_3a3_3ap_3a435-459.htm}, - number = {3}, - journal = {Journal of Monetary Economics}, - author = {Stock, James}, - year = {1991}, - pages = {435--459}, -} - -@article{tokuoka2013saving, - title={Saving response to unemployment of a sibling}, - author={Tokuoka, Kiichi}, - journal={Journal of Economic Behavior and Organization}, - volume={89}, - pages={58--75}, - year={2013}, - publisher={Elsevier} -} - - -@techreport{fhnMPC, - author = {Andreas Fagereng and Martin B. Holm and - Gisle J. Natvik}, - type = {discussion paper}, - institution = {Statistics Norway}, - title = {MPC Heterogeneity and Household Balance Sheets}, - volume = {852}, - year = {2017}, -} - -@article{lmpPermShocks, - title={Wage risk and employment risk over the life cycle}, - author={Low, Hamish and Meghir, Costas and Pistaferri, Luigi}, - journal={The American economic review}, - volume={100}, - number={4}, - pages={1432--1467}, - year={2010}, - publisher={American Economic Association} -} - -@techreport{gkosData, - title={What do data on millions of US workers reveal about life-cycle earnings risk?}, - author={Guvenen, Fatih and Karahan, Fatih and Ozkan, Serdar and Song, Jae}, - year={2015}, - institution={National Bureau of Economic Research} -} - -@article{bsDigustibus, - title={De gustibus non est disputandum}, - author={Stigler, George J and Becker, Gary S}, - journal={The American Economic Review}, - volume={67}, - number={2}, - pages={76--90}, - year={1977}, - publisher={JSTOR} -} - -@techreport{blanchardDSGE, - title={Do DSGE Models Have a Future?}, - author={Blanchard, Olivier}, - year={2016}, - note={Available at \href{https://piie.com/system/files/documents/pb16-11.pdf}{https://piie.com/system/files/documents/pb16-11.pdf}}, - url={https://piie.com/system/files/documents/pb16-11.pdf}, - institution={Petersen Institute for International Economics} -} - -@techreport{haldaneDappled, - title={The Dappled World}, - author={Haldane, Andy}, - year={2016}, - note={Available at \href{http://www.bankofengland.co.uk/publications/Pages/speeches/2016/937.aspx}{http://www.bankofengland.co.uk/publications/Pages/speeches/2016/937.aspx}}, - url={http://www.bankofengland.co.uk/publications/Pages/speeches/2016/937.aspx}, - journal={Speech Given at GLS Shackle Biennial Memorial Lecture}, - institution={Bank of England}, - month={November} -} - - -@article{auclertMPC, - title={Monetary policy and the redistribution channel}, - author={Auclert, Adrien}, - journal={Unpublished manuscript}, - year={2015} -} - -@misc{yellenHetero, - url={https://www.federalreserve.gov/newsevents/speech/yellen20161014a.htm}, - note={Available at \href{https://www.federalreserve.gov/newsevents/speech/yellen20161014a.htm}{https://www.federalreserve.gov/newsevents/speech/yellen20161014a.htm}}, - author = {Yellen, Janet}, - journal = {At \emph{The Elusive `Great' Recovery: Causes and Implications for Future Business Cycle Dynamics} 60th annual economic conference sponsored by the Federal Reserve Bank of Boston, Boston, Massachusetts}, - title = {Macroeconomic Research After the Crisis}, - year={2016}, - month={October}, - day={16} -} - -October 14, 2016 - - -Chair Janet L. Yellen - -At "The Elusive 'Great' Recovery: Causes and Implications for Future Business Cycle Dynamics" 60th annual economic conference sponsored by the Federal Reserve Bank of Boston, Boston, Massachusetts - -@misc{coeureHetero, - author={Coeure, Benoit}, - title={The relevance of household-level data for monetary policy and financial stability analysis}, - url = {http://www.ecb.europa.eu/press/key/date/2013/html/sp131017.en.html}, - journal={Opening Remarks Delivered at ECB Conference on Household Finance and Consumption}, - year = {2013}, - month= {October}, - day = {17}, - notes = {Available at \href{http://www.ecb.europa.eu/press/key/date/2013/html/sp131017.en.html}{http://www.ecb.europa.eu/press/key/date/2013/html/sp131017.en.html}} -} - - -@ARTICLE{ElizabethWhy, - author = {Elizabeth, Queen~of~England}, - title = {The economic forecasters' failing vision}, - journal = {Financial Times}, - year = 2008, - note = {https://www.ft.com/content/50007754-ca35-11dd-93e5-000077b07658}, - date = {November 25, 2008}, - url = {https://www.ft.com/content/50007754-ca35-11dd-93e5-000077b07658} -} - -@techreport{akmwwInequality-Discuss, - author = {Christopher D. Carroll and Edmund Crawley}, - title = {Discussion of `When Inequality Matters for Macro and Macro Matters for Inequality'}, - year = {2017}, - journal = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - institution = {NBER}, - url = {https://www.econ2.jhu.edu/people/ccarroll/discuss/2017-04_NBER_Macro-Annual/akmwwInequality/} -} - -% Version for CV -@inbook{akmwwInequality-DiscussNew, - Crossref = "NBEReich-4", - title = {Comment on `When Inequality Matters for Macro and Macro Matters for Inequality'}, - author = {SeHyoun Ahn and Greg Kaplan and Benjamin Moll and Thomas Winberry and Christian Wolf}, - Publisher = "NBER Macroeconomics Annual 2017, volume 32, University of Chicago Press", - pages = "76-92", - year = "2017", - month = "July", - URL = "http://www.nber.org/chapters/c13928", -note = "Published Discussion" -} - -@inbook{NBERc13928, - Crossref = "NBEReich-4", - title = {Comment on "When Inequality Matters for Macro and Macro Matters for Inequality"}, - author = "Christopher D. Carroll and Edmund Crawley", - BookTitle = "NBER Macroeconomics Annual 2017, volume 32", - Publisher = "University of Chicago Press", - pages = "76-92", - year = "2017", - month = "July", - URL = "http://www.nber.org/chapters/c13928", -} -@book{NBEReich-4, - title = "NBER Macroeconomics Annual 2017, volume 32", - author = "Martin Eichenbaum and Jonathan A. Parker", - institution = "National Bureau of Economic Research", - type = "Book", - publisher = "University of Chicago Press", - year = "2018", - URL = "http://www.nber.org/books/eich-4", -} - -@article{akmwwInequality, - title = {When Inequality Matters for Macro and Macro Matters for Inequality}, - author = {SeHyoun Ahn and Greg Kaplan and Benjamin Moll and Thomas Winberry and Christian Wolf}, - journal = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 2017, - editor = {Jonathan Parker and Martin S. Eichenbaum, Organizers}, - volume = 32, - url = {http://www.princeton.edu/~moll/WIMM.pdf}, - address = {Cambridge, MA}, -} - - -@ARTICLE{infrastructureNYT, - author = {Jennifer Steinhauer}, - title = {Republicans Now Marching With Trump on Ideas They Had Opposed}, - journal = {New York Times}, - year = 2017, - month = {January}, - day = {27}, - note = {\url{https://www.nytimes.com/2017/01/26/us/politics/trump-republican-retreat.html}}, - url = {\url{https://www.nytimes.com/2017/01/26/us/politics/trump-republican-retreat.html}}, -} - -@techreport{amkstPuzzle, - title = "Late-in-Life Risks and the Under-Insurance Puzzle", - author = "John Ameriks and Joseph Briggs and Andrew Caplin and Matthew D. Shapiro and Christopher Tonetti", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "22726", - year = "2016", - month = "October", - doi = {10.3386/w22726}, - URL = "http://www.nber.org/papers/w22726", - abstract = {Individuals face significant late-in-life risks, including needing long-term care (LTC). Yet, they hold little long-term care insurance (LTCI). Using both “strategic survey questions,” which identify preferences, and stated demand questions, this paper investigates the degree to which a fundamental lack of interest and poor product features determine low LTCI holdings. It estimates a rich set of individual-level preferences and uses a life-cycle model to predict insurance demand, finding that better insurance would be far more widely held than are products in the market. Comparing stated and model-predicted demand shows that flaws in existing products provide a significant, but partial, explanation for this under-insurance puzzle.}, -} - -@article{fjFutureGrowth, -Author = {Fernald, John G. and Jones, Charles I.}, -Title = {The Future of US Economic Growth}, -Journal = {American Economic Review}, -Volume = {104}, -Number = {5}, -Year = {2014}, -Month = {May}, -Pages = {44-49}, -DOI = {10.1257/aer.104.5.44}, -URL = {http://www.aeaweb.org/articles?id=10.1257/aer.104.5.44}, -notes = {Available at {http://web.stanford.edu/~chadj/FernaldJones2014.pdf}} -} - -@techreport{kocherlakotaTrouble, - author = {Kocherlakota, Narayana}, - title = {Thoughts on `The Trouble With Macroeconomics'}, - url = {https://sites.google.com/site/kocherlakota009/home/research/9-15-16}, - note = {\url{https://sites.google.com/site/kocherlakota009/home/research/9-15-16}}, - month = {September}, - year = {2016}, - institution = {Kocherlakota Blog} -} - -@ARTICLE{caballeroPretense, - author = {Caballero, Ricardo J.}, - title = {Macroeconomics after the Crisis: Time to Deal with - the Pretense-of-Knowledge Syndrome}, - journal = {Journal of Economic Perspectives}, - year = 2010, - volume = 24, - pages = {85--102}, - number = 4, - note = {\url{http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.24.4.85}}, - doi = {10.1257/jep.24.4.85}, - url = {http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.24.4.85} -} - - -@techreport{romerTrouble, - author = {Romer, Paul}, - title = {The Trouble With Macroeconomics}, - url = {https://paulromer.net/wp-content/uploads/2016/09/WP-Trouble.pdf}, - year = {2016}, - month = {September}, - institution = {\url{http://paulromer.net}}, - note = {Available at \url{https://paulromer.net/wp-content/uploads/2016/09/WP-Trouble.pdf}}, -} - -@techreport{keynesMaster, - author = {Keynes, John Maynard}, - title = {The Collected Writings of John Maynard Keynes}, - volume = {X}, - year = {1972}, - publisher = {Royal Economic Society}, - url = {http://www.goodreads.com/quotes/798690-the-master-economist-must-possess-a-rare-combination-of-gifts}, - note = {\url{http://www.goodreads.com/quotes/798690-the-master-economist-must-possess-a-rare-combination-of-gifts}} -} - -@techreport{dkpQE, - title = "How Quantitative Easing Works: Evidence on the Refinancing Channel", - author = "Marco {Di Maggio} and Amir Kermani and Christopher Palmer", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "22638", - year = "2016", - month = "September", - doi = {10.3386/w22638}, - URL = "http://www.nber.org/papers/w22638", - abstract = {Despite massive large-scale asset purchases (LSAPs) by central banks around the world since the global financial crisis, there is a lack of empirical evidence on whether and how these programs affect the real economy. Using rich borrower-linked mortgage-market data, we document that there is a “flypaper effect” of LSAPs, where the transmission of unconventional monetary policy to interest rates and (more importantly) origination volumes depends crucially on the assets purchased and degree of segmentation in the market. For example, QE1, which involved significant purchases of GSE-guaranteed mortgages, increased GSE-eligible mortgage originations significantly more than the origination of GSE-ineligible mortgages. In contrast, QE2's focus on purchasing Treasuries did not have such differential effects. We find that the Fed's purchase of MBS (rather than exclusively Treasuries) during QE1 resulted in an additional \$600 billion of refinancing, substantially reduced interest payments for refinancing households, led to a boom in equity extraction, and increased refinancing mortgagors’ consumption by an additional \$76 billion. This de facto allocation of credit across mortgage market segments, combined with sharp bunching around GSE eligibility cutoffs, establishes an important complementarity between monetary policy and macroprudential housing policy. Our counterfactual simulations estimate that relaxing GSE eligibility requirements would have significantly increased refinancing activity in response to QE1, including a 20\% increase in equity extraction by households. Overall, our results imply that central banks could most effectively provide unconventional monetary stimulus by supporting the origination of debt that would not be originated otherwise.}, - } - -@article{grodzickiCCC, - title={The Evolution of Competition in the Credit Card Market}, - author={Grodzicki, Daniel}, - journal={The Pennsylvania State University}, - year={2015} - } - -@article{ausubelFailure, - title={The failure of competition in the credit card market}, - author={Ausubel, Lawrence M}, - journal={The American Economic Review}, - pages={50--81}, - year={1991}, - publisher={JSTOR} - } - -@article{pikettyCapital, - title={Capital in the twenty-first century}, - author={Piketty, Thomas}, - journal={Cambridge, MA, London}, - year={2014} - } - -@article{rognliePiketty, -author ={Rognlie, Matthew}, -title = {A Note on Piketty and Diminishing Returns to Capital}, -url = {http://www.mit.edu/~mrognlie/piketty_diminishing_returns.pdf}, -journal = {Under revision, Brookings Papers on Economic Activity}, -year = {2014}, -} - -@article{Piketty_Saez2003, - author = {Thomas Piketty and Emmanuel Saez}, - journal = {Quarterly Journal of Economics}, - number = {1}, - pages = {1--39}, - title = {Income Inequality in the United States, 1913--1998}, - volume = {118}, - year = {2003}, -} - - -@TECHREPORT{fgmpReturns, -title = {Heterogeneity in Returns to Wealth and the Measurement of Wealth Inequality}, -author = {Fagereng, Andreas and Luigi Guiso and Davide Malacrino and Luigi Pistaferri}, -year = 2016, -institution = {Einaudi Institute for Economics and Finance (EIEF)}, -type = {EIEF Working Papers Series}, -number = {16/1}, -url = {http://www.eief.it/files/2016/01/wp-01-heterogeneity-in-returns-to-wealth-and-the-measurement-of-wealth-inequality.pdf}, -note = {Available at \url{http://llorracc.net/cited/fgmpReturns}} -} - - -@techreport{ghosDespiteUzawa, - title = "Balanced Growth Despite Uzawa", - author = "Gene M. Grossman and Elhanan Helpman and Ezra Oberfield and Thomas Sampson", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "21861", - year = "2016", - month = "January", - doi = {10.3386/w21861}, - URL = "http://www.nber.org/papers/w21861", - abstract = {The evidence for the United States points to balanced growth despite falling investment-good prices and an elasticity of substitution between capital and labor less than one. This is inconsistent with the Uzawa Growth Theorem. We extend Uzawa's theorem to show that the introduction of human capital accumulation in the standard way does not resolve the puzzle. However, balanced growth is possible if schooling is endogenous and capital is more complementary with schooling than with raw labor. We describe balanced growth paths for a variety of neoclassical growth models with capital-augmenting technological progress and endogenous schooling. The balanced growth path in an overlapping-generations model in which individuals choose the duration of their education matches key features of the U.S. economic record.}, -} -@article{WhiteENDG, -author = "Matthew N. White", -title = "The Method of Endogenous Gridpoints in Theory and Practice", -year = "2015", -journal = "Journal of Economic Dynamics and Control", -volume = "60", -pages = "26-41", -url = {http://dx.doi.org/10.1016/j.jedc.2015.08.001}, -doi = {10.1016/j.jedc.2015.08.001}, -notePri = {http://llorracc.net/papers/WhiteENDG} -} - - -@TechReport{cpHetero, - Title = {The Heterogeneous-Agent Computational toolKit: An Extensible Framework for Solving and Estimating Heterogeneous-Agent Models}, - Author = {Carroll, Christopher D and Palmer, Nathan M}, - Institution = {Johns Hopkins University and Office of Financial Research}, - Journal = {Computing in Economics and Finance 2015, Taipei, Taiwan}, - Year = 2015, - Month = {June}, - url = {https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=CEF2015&paper_id=523}, - note = {Available at \url{https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=CEF2015&paper_id=523}}, - } - -@article{rodrikRules, - author= {Rodrik, Dani}, - title = {Economics Rules}, - url = {https://www.youtube.com/watch?feature=youtu.be&t=29m&v=Yxbcb7hxZP0&app=desktop}, - note = {Available at \href{https://www.youtube.com/watch?feature=youtu.be&t=29m&v=Yxbcb7hxZP0&app=desktop}{YouTube}}, - journal = {YouTube}, - year = {2015} -} - - - -@article{samuelson1937note, - title={A note on measurement of utility}, - author={Samuelson, Paul A}, - journal={The Review of Economic Studies}, - volume={4}, - number={2}, - pages={155--161}, - year={1937}, - publisher={JSTOR} - } - - -@article{samuelson1979we, - title={Why we should not make mean log of wealth big though years to act are long}, - author={Samuelson, Paul A}, - journal={Journal of Banking and Finance}, - volume={3}, - number={4}, - pages={305--307}, - year={1979}, - publisher={Elsevier}, - doi= {http://dx.doi.org/10.1016/0378-4266(79)90023-2} - } - -@article{BueraShin2009, - title={Productivity Growth and Capital Flows: The Dynamics of Reform}, - author={Buera, Francisco and Yongseok Shin}, - journal={NBER Working Paper 15268}, - year={2009} -} - -@article{Benhima2013, - title={A Reappraisal of the Allocation Puzzle through the Portfolio Approach}, - author={Benhima, Kenza}, - journal={Journal of international Economics}, - volume={89}, - number={2}, - pages={331--346}, - year={2013}, - publisher={Elsevier} -} - - -@article{BachettaBenhima2015, - title={The Demand for Liquid Assets, Corporate Saving and Global Imbalances}, - author={Bacchetta, Philippe and Kenza Benhima}, - journal={Journal of the European Economic Association}, - volume={forthcoming}, - year={2015} -} - -@misc{deatonStateCapacity, - author = {Angus Deaton}, - title = {Weak States, Poor Countries}, - journal = {Project Syndicate}, - year = {2013}, - url = {http://www.project-syndicate.org/commentary/economic-development-requires-effective-governments-by-angus-deaton}, - note = {Available at \texttt{\href{http://www.project-syndicate.org/commentary/economic-development-requires-effective-governments-by-angus-deaton}{Project Syndicate}}} - } - -@book{brynjolfsson2014second, - title={The second machine age: work, progress, and prosperity in a time of brilliant technologies}, - author={Brynjolfsson, Erik and McAfee, Andrew}, - year={2014}, - publisher={WW Norton \& Company} - } - - -@techreport{assMiddleClass, - title = "Loan Originations and Defaults in the Mortgage Crisis: The Role of the Middle Class", - author = "Manuel Adelino and Antoinette Schoar and Felipe Severino", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "20848", - year = "2015", - month = "January", - doi = {10.3386/w20848}, - URL = "http://www.nber.org/papers/w20848", - abstract = {We provide new facts on the debt dynamics leading up to the financial crisis of 2007. Earlier research suggests that distortions in the supply of mortgage credit, evidenced by a decoupling of credit flow from income growth, may have caused the rise in house prices and the subsequent housing market collapse. This paper shows that the increase in mortgage originations was shared across the whole distribution of borrowers, and that middle- and high-income borrowers made up the majority of originations even at the peak of the boom. Compared to prior years, middle- and high-income borrowers (not the poor), as well as those with medium and high credit scores, made up a much larger share of delinquencies in the crisis relative to earlier years. We show that the relation between individual mortgage size and income growth during the housing boom was always strongly positive, also in line with previous periods (and independent of how income is measured). These results are most consistent with an expectations based view of the financial crisis in which both homebuyers and lenders were buying into increasing housing values and defaulted once prices dropped. }, - } - -@TECHREPORT{aydinMPCLiq, -title = {The Marginal Propensity to Consume out of Liquidity}, -author = {Aydin, Deniz}, -year = {2015}, -institution = {Stanford Institute for Economic Policy Research}, -type = {Discussion Papers}, -number = {15-010}, -abstract = {This paper presents novel tests of competing models of intertemporal consumption behavior using unique European administrative panel data on income, spending and assets. I estimate the marginal propensity to consume (MPC) out of ‘liquidity’ -the debt response to a change in borrowing capacity- using changes in credit card limits in a randomized controlled trial implemented in September 2014 involving fifty-five thousand individuals. I obtain four empirical results: First, borrowing constraints change consumption dynamics even when they are not strictly binding. Two-thirds of the population accumulate a significant average of 20 cent of debt per dollar limit increase, relative to the control group. Second, the heterogeneity of the MPC is exclusively in line with precautionary models, a decreasing function of cash-on-hand. Third, the debt response to liquidity and credit card utilization are stationary. Fourth, additional liquidity is spent mostly on durables and services using installments, with a smaller fraction spent on non-durables and taken out as cash advances. I then use a workhorse Bewley model with realistic income risk and show that the joint dynamics of consumption, debt and the balance sheet in response to a change in borrowing constraints can be used to calibrate and test intertemporal models. Debt response to liquidity shocks identifies preference parameters via a simulated moments estimator. Hump-shaped debt response and mean-reverting credit card utilization are not consistent with myopia as the underlying preferences.}, -keywords = {consumption; debt; borrowing con- straints; precautionary saving; permanent income hypothesis; field experiment.}, -url = {http://EconPapers.repec.org/RePEc:sip:dpaper:15-010}, -notePri = {http://llorracc.net/aydinMPCLiq.pdf} -} - -@article{agarwalQuianSingaporeMPC, - author = {Sumit Agarwal and Wenlan Qian}, - journal = {American Economic Review}, - title = {Consumption and Debt Response to Unanticipated - Income Shocks: Evidence from a Natural Experiment in - Singapore}, - volume = 104, - number = 12, - year = 2014, - pages = {4205--4230}, -} - -@incollection{BrownLiebmanPollet, - editor = {Martin Feldstein and Jeffrey B. Liebman}, - author = {Jeffrey Brown and Jeffrey B. Liebman and Joshua - Pollett}, - publisher = {University of Chicago Press}, - booktitle = {The Distributional Aspects of Social Security and - Social Security Reform}, - title = {Estimating Life Tables That Reflect Socioeconomic - Differences in Mortality}, - year = 2002, - pages = {447--457}, -} - -@misc{SSLifeTables, - title = {Actuarial Life Table}, - author = {{Social Security Administration}}, - year = 2010, - note = {available at - \url{http://www.ssa.gov/oact/STATS/table4c6.html}}, -} - - -@inbook{WhyDoRichSaveNoURL, - author = {Christopher D. Carroll}, - editor = {Joel B. Slemrod}, - title = {Does Atlas Shrug? The Economic Consequences of - Taxing the Rich}, - year = 2000, - chapter = 14, - pages = {465--484} -} - - -@inproceedings{WhyDoRichSave, - author = {Christopher D. Carroll}, - booktitle = {Does Atlas Shrug? The Economic Consequences of Taxing the Rich}, - editor = {Joel B. Slemrod}, - publisher = {Harvard University Press}, - title = {Why Do the Rich Save So Much?}, - chapter = 14, - year = {2000}, - url = {https://www.econ2.jhu.edu/people/ccarroll/Why.pdf}, -} - -@article{ksHeteroPort, - author = {Krusell, Per and Smith, Anthony A.}, - journal = {Macroeconomic Dynamics}, - number = 2, - pages = {387--422}, - title = {Income and Wealth Heterogeneity, Portfolio Choice - and Equilibrium Asset Returns}, - volume = 1, - year = 1997, -} - -@Article{heathcote_fiscalPolicy, - author = {Jonathan Heathcote}, - title = {Fiscal Policy with Heterogeneous Agents and - Incomplete Markets}, - journal = {Review of Economic Studies}, - year = 2005, - volume = 72, - number = 1, - pages = {161--188}, -} - - -@article{kaplanViolanteWeidner_wealthyH2M, - author = {Violante, Gianluca and Kaplan, Greg and Weidner, Justin}, - journal = {Brookings Papers on Economic Activity}, - pages = {77--138}, - title = {The Wealthy Hand-to-Mouth}, - volume = {Spring}, - year = {2014}, -abstract = {The wealthy hand-to-mouth are households who hold little or no liquid wealth (e.g. cash, checking, and saving accounts), despite owning sizable amounts of illiquid assets (i.e., assets that carry a transaction cost, such as housing, large durables, or retirement accounts). This portfolio configuration implies that these households have large marginal propensities to consume out of small income changes –a key determinant of the macroeconomic effects of fiscal policy. The wealthy hand-to-mouth, therefore, behave in many respects like households with little or no net worth, yet they escape standard definitions (and empirical measurements) of hand-to-mouth agents based on net worth. We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and Spain to document the share of such households across countries, their demographic characteristics, the composition of their balance sheet, and the persistence of hand-to-mouth status over the life cycle. Finally, we discuss the implications of this group of consumers for macroeconomic modelling and policy analysis.}, -} - - -@TECHREPORT{kaplanViolanteWeidner_wealthyH2M_SED, -title = {The Wealthy Hand-to-Mouth}, -author = {Violante, Gianluca and Kaplan, Greg and Weidner, Justin}, -year = {2014}, -institution = {Society for Economic Dynamics}, -type = {2014 Meeting Papers}, -number = {192}, -abstract = {The wealthy hand-to-mouth are households who hold little or no liquid wealth (e.g. cash, checking, and saving accounts), despite owning sizable amounts of illiquid assets (i.e., assets that carry a transaction cost, such as housing, large durables, or retirement accounts). This portfolio configuration implies that these households have large marginal propensities to consume out of small income changes –a key determinant of the macroeconomic effects of fiscal policy. The wealthy hand-to-mouth, therefore, behave in many respects like households with little or no net worth, yet they escape standard definitions (and empirical measurements) of hand-to-mouth agents based on net worth. We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and Spain to document the share of such households across countries, their demographic characteristics, the composition of their balance sheet, and the persistence of hand-to-mouth status over the life cycle. Finally, we discuss the implications of this group of consumers for macroeconomic modelling and policy analysis.}, -url = {http://EconPapers.repec.org/RePEc:red:sed014:192} -} - - -@techreport{coronadoEtAl, - author = {Coronado, Julia Lynn and Lupton, Joseph P. and - Sheiner, Louise M.}, - institution = {Federal Reserve Board}, - number = 32, - type = {FEDS discussion paper}, - title = {The Household Spending Response to the 2003 Tax Cut: - Evidence from Survey Data}, - year = 2005, -} - -@Article{ssBang, - author = {Matthew D. Shapiro and Joel Slemrod}, - title = {Did the 2008 Tax Rebates Stimulate Spending?}, - journal = {American Economic Review}, - year = 2009, - volume = 99, - number = 2, - pages = {374--79}, - month = {May}, - abstract = {Only one-fifth of respondents to a rider on the - University of Michigan Survey Research Center's - Monthly Survey said that the 2008 tax rebates would - lead them to mostly increase spending. Almost half - said the rebate would mostly lead them to pay off - debt, while about a third saying it would lead them - mostly to save more. The survey responses imply that - the aggregate propensity to spend from the rebate - was about one-third, and that there would not be - substantially more spending as a lagged effect of - the rebates. Because of the low spending propensity, - the rebates in 2008 provided low \"bang for the - buck\" as economic stimulus. Putting cash into - the hands of the consumers who use it to save or pay - off debt boosts their well-being, but it does not - necessarily make them spend. Low-income individuals - were particularly likely to use the rebate to pay - off debt.

    (This abstract was borrowed from another - version of this item.)}, - url = - {http://ideas.repec.org/a/aea/aecrev/v99y2009i2p374-79.html} -} - -@techreport{pseIncDistributionAndC, - author = {Luigi Pistaferri and Itay Saporta-Eksten}, - institution = {Ministry of Economy and Finance, Italy}, - number = 11, - type = {working paper}, - title = {Changes in the Income Distribution and Aggregate - Consumption}, - year = 2012, -} - -@techreport{mcKayPapp:wageRiskOverBC, - author = {McKay, Alisdair and Papp, Tamas}, - institution = {Boston University}, - number = 28, - type = {working paper}, - title = {Accounting for Idiosyncratic Wage Risk Over the - Business Cycle}, - year = 2011, -} - -@article{brickerEtAl:SCF2010, - author = {Bricker, Jesse and Kennickell, Arthur B. and Moore, - Kevin B. and Sabelhaus, John}, - institution = {Board of Governors of the Federal Reserve System}, - journal = {Federal Reserve Bulletin}, - month = {June}, - number = 2, - pages = {1--80}, - title = {Changes in U.S. Family Finances from 2007 to 2010: - Evidence from the Survey of Consumer Finances}, - volume = 98, - year = 2012, -} - -@article{brickerEtAl:topWealth, - author = {Bricker, Jesse and Henriques, Alice M. and Krimmel, Jacob and Sabelhaus, John}, - journal = {Brookings Papers on Economic Activity}, - pages = {261--321}, - title = {Measuring Income and Wealth at the Top Using Administrative and Survey Data}, - volume = {Spring}, - year = {2016}, - abstract={Administrative tax data indicate that U.S. top income and wealth shares are substantial and increasing rapidly (Piketty and Saez 2003, Saez and Zucman 2014). A key reason for using administrative data to measure top shares is to overcome the under-representation of families at the very top that plagues most household surveys. However, using tax records alone restricts the unit of analysis for measuring economic resources, limits the concepts of income and wealth being measured, and imposes a rigid correlation between income and wealth. The Survey of Consumer Finances (SCF) solves the under-representation problem by combining administrative and survey data (Bricker et al, 2014). Administrative records are used to select the SCF sample and verify that high-end families are appropriately represented, and the survey is designed to measure comprehensive concepts of income and wealth at the family level. The SCF shows high and rising top income and wealth shares, as in the ad ministrative tax data. However, unadjusted, the levels and growth based on administrative tax data alone appear to be substantially larger. By constraining the SCF to be conceptually comparable, we reconcile the differences, and show the extent to which restrictions and rigidities needed to estimate top income and wealth shares in the administrative data bias up levels and growth rates.}, - keywords={Administrative data; survey data; top income shares; top wealth shares}, -} - -@TechReport{brickerEtAl:topWealthWP, - author={Bricker, Jesse and Henriques, Alice M. and Krimmel, Jacob and Sabelhaus, John}, - title={Measuring Income and Wealth at the Top Using Administrative and Survey Data}, - year=2015, - month=Apr, - institution={Board of Governors of the Federal Reserve System}, - type={Finance and Economics Discussion Series}, - number={2015-30}, - abstract={Administrative tax data indicate that U.S. top income and wealth shares are substantial and increasing rapidly (Piketty and Saez 2003, Saez and Zucman 2014). A key reason for using administrative data to measure top shares is to overcome the under-representation of families at the very top that plagues most household surveys. However, using tax records alone restricts the unit of analysis for measuring economic resources, limits the concepts of income and wealth being measured, and imposes a rigid correlation between income and wealth. The Survey of Consumer Finances (SCF) solves the under-representation problem by combining administrative and survey data (Bricker et al, 2014). Administrative records are used to select the SCF sample and verify that high-end families are appropriately represented, and the survey is designed to measure comprehensive concepts of income and wealth at the family level. The SCF shows high and rising top income and wealth shares, as in the ad ministrative tax data. However, unadjusted, the levels and growth based on administrative tax data alone appear to be substantially larger. By constraining the SCF to be conceptually comparable, we reconcile the differences, and show the extent to which restrictions and rigidities needed to estimate top income and wealth shares in the administrative data bias up levels and growth rates.}, - keywords={Administrative data; survey data; top income shares; top wealth shares}, - doi={}, -} - - -@article{dsSecular, - title = {Fiscal Policy in a Depressed Economy [with Comments - and Discussion]}, - author = {DeLong, J Bradford and Summers, Lawrence H}, - journal = {Brookings Papers on Economic Activity}, - pages = {233--297}, - year = 2012, - publisher = {JSTOR} -} - -@Article{diamond:olg, - Title = {National Debt in a Neoclassical Growth Model}, - Author = {Diamond, Peter A.}, - Journal = {American Economic Review}, - Year = 1965, - Month = {December}, - Note = {\url{http://www.jstor.org/stable/1809231}}, - Pages = {1126--1150}, - Volume = 55, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1809231} -} - -@article{jappelliPistaferri:IncomeItaly, - author = {Tullio Jappelli and Luigi Pistaferri}, - journal = {Review of Economic Dynamics}, - number = 1, - pages = {133--153}, - title = {Does Consumption Inequality Track Income Inequality - in Italy?}, - volume = 13, - year = 2010, -} - -@article{pijoanSanchez:IncomeSpain, - author = {Josep Pijoan-Mas and Virginia Sanchez-Marcos}, - journal = {Review of Economic Dynamics}, - number = 1, - pages = {154--178}, - title = {Spain Is Different: Falling Trends of Inequality}, - volume = 13, - year = 2010, -} - -@article{albarranEtAl:IncomeSpain, - author = {Pedro Albarran and Raquel Carrasco and Maite - Martinez-Granado}, - journal = {Oxford Bulletin of Economics and Statistics}, - number = 4, - pages = {491--518}, - title = {Inequality for Wage Earners and Self-Employed: - Evidence from Panel Data}, - volume = 71, - year = 2009, -} - -@techreport{rostamAfscharYao, - author = {Davud Rostam-Afschar and Jiaxiong Yao}, - type = {mimeo}, - title = {Taxation and Precautionary Savings over the Life - Cycle}, - year = 2013, - institution = {Johns Hopkins University} -} - -@techreport{yao:LaborIncomeRisks, - author = {Yao Yao}, - institution = {University of Mannheim}, - type = {mimeo}, - title = {Labor Income Risks in Germany}, - year = 2011, -} - -@techreport{hfcsFirstResults, - author = {{Eurosystem Household Finance and Consumption - Network}}, - institution = {European Central Bank}, - type = {Statistics Paper Series}, - number = 2, - title = {The Eurosystem Household Finance and Consumption - Survey -- First Results}, - year = 2013, - note = - {\url{http://www.ecb.europa.eu/pub/pdf/other/ecbsp2en.pdf}}, -} - -@techreport{hfcsMethReport, - author = {{Eurosystem Household Finance and Consumption - Network}}, - institution = {European Central Bank}, - type = {Statistics Paper Series}, - number = 1, - title = {The Eurosystem Household Finance and Consumption - Survey -- Methodological Report}, - year = 2013, - note = - {\url{http://www.ecb.europa.eu/pub/pdf/other/ecbsp1en.pdf}}, -} - -@article{souleles:responseToReaganCuts, - author = {Souleles, Nicholas S.}, - journal = {Journal of Public Economics}, - pages = {99--120}, - title = {Consumer Response to the Reagan Tax Cuts}, - volume = 85, - year = 2002, -} - -@techreport{johnsonEtAl:2003childTaxCredit, - author = {Johnson, David S. and Parker, Jonathan A. and - Souleles, Nicholas S.}, - institution = {The Wharton School}, - type = {working paper}, - title = {The Response of Consumer Spending to Rebates During - an Expansion: Evidence from the 2003 Child Tax - Credit}, - year = 2009, -} - -@article{red_xSectFacts, - author = {{Review of Economic Dynamics}}, - number = 1, - pages = {1--264}, - note = {edited by by Dirk Krueger, Fabrizio Perri, Luigi - Pistaferri and Giovanni L. Violante}, - title = {Special Issue: Cross-Sectional Facts for - Macroeconomists}, - volume = 13, - year = 2010 -} - -@book{Deaton2006, - added-at = {2009-08-21T12:19:46.000+0200}, - address = {Baltimore, MD}, - author = {Deaton, {Angus}}, - biburl = - {http://www.bibsonomy.org/bibtex/26f2f87784d59d86af8c471e5857865a0/fbw_hannover}, - edition = {3. printing}, - interhash = {7c53d5852b508cc472d541bc99f54519}, - intrahash = {6f2f87784d59d86af8c471e5857865a0}, - isbn = 0801852544, - pagetotal = {VIII, 479}, - ppn_gvk = 485128217, - publisher = {Johns Hopkins Univ. Press}, - subtitle = {a microeconometric approach to development policy}, - timestamp = {2009-08-21T12:19:46.000+0200}, - title = {The analysis of household surveys}, - url = - {http://gso.gbv.de/DB=2.1/CMD?ACT=SRCHA&SRT=YOP&IKT=1016&TRM=ppn+485128217&sourceid=fbw_bibsonomy}, - year = 2000 -} - -@ARTICLE{mianSufi:aerBorrowing, - author = {Atif R. Mian and Amir Sufi}, - title = {House Prices, Home Equity-Based Borrowing, and the - {U.S.} Household Leverage Crisis}, - journal = {American Economic Review}, - pages = {2132--2156}, - year = 2011, - volume = 101, - owner = {Jirka}, - timestamp = {2011.01.14} -} - -@book{msScarcity, - title = {Scarcity: Why Having Too Little Means So Much}, - author = {Mullainathan, Sendhil and Shafir, Eldar}, - year = 2013, - publisher = {Macmillan} -} - -@inbook{engelCurve, - title = {Die productions- und consumptionsverh{\"a}ltnisse - des K{\"o}nigsreichs Sachsen}, - author = {Engel, Ernst}, - publisher = {C. Heinrich}, - address = {Dresden}, - year = 1857, - booktitle = {Die Lebenkosten Belgischer Arbeiter-Familien}, -} - -@book{dmConsumer, - author = {Deaton, Angus and John Muellbauer}, - title = {Economics and Consumer Behavior}, - publisher = {Cambridge University Press}, - year = 1980, - address = {New York} -} - -@TECHREPORT{deatonWorldBankReview, - author = {Deaton, Angus (Chair) and Abhijit Banerjee (MIT), - Nora Lustig (UNDP), and Kenneth Rogoff (Harvard.)}, - title = {{A}n {E}valuation of {W}orld {B}ank {R}esearch, 1998 - - 2005}, - year = 2012, - file = - {deatonWorldBankReview.pdf:deatonWorldBankReview.pdf:PDF}, - owner = {ccarroll}, - timestamp = {2013.05.27}, - url = - {http://siteresources.worldbank.org/DEC/Resources/84797-1109362238001/726454-1164121166494/RESEARCH-EVALUATION-2006-Main-Report.pdf} -} - -@TECHREPORT{deatonWorldBankReviewNotes, - author = {Deaton, Angus (Chair) and Abhijit Banerjee (MIT) and Nora Lustig (UNDP) and Kenneth Rogoff (Harvard.)}, - title = {{A}n {E}valuation of {W}orld {B}ank {R}esearch, 1998 - - 2005}, - year = 2012, - file = - {deatonWorldBankReview.pdf:deatonWorldBankReview.pdf:PDF}, - owner = {ccarroll}, - timestamp = {2013.05.27}, - url = - {http://siteresources.worldbank.org/DEC/Resources/84797-1109362238001/726454-1164121166494/RESEARCH-EVALUATION-2006-Main-Report.pdf} -} - -@BOOK{NBERwise11-2, - title = {{I}nvestigations in the {E}conomics of {A}ging}, - publisher = {University of Chicago Press}, - year = 2012, - author = {David A. Wise}, - institution = {National Bureau of Economic Research}, - type = {Book}, - url = {http://www.nber.org/books/wise11-2} -} - -@BOOK{Eminent, - title = {{E}minent {E}conomists {II}}, - publisher = {Cambridge University Press}, - year = 2014, - author = {Michael Szenberg and Lall Ramrattan}, - address = {Cambridge} -} - -@article{cartwrightRCTs, - author = {Nancy Cartwright}, - title = {Are RCTs the Gold Standard?}, - journal = {BioSocieties}, - volume = 2, - number = 1, - pages = {11--20}, - year = 2007 -} - -@article{onionLeisure, - author = {Zweibel, Herbert}, - year = 2005, - title = {180 Trillion Leisure Hours Lost To Work Last Year}, - url = - {http://www.theonion.com/articles/180-trillion-leisure-hours-lost-to-work-last-year,1282/}, - note = - {\url{http://www.theonion.com/articles/180-trillion-leisure-hours-lost-to-work-last-year,1282/}}, - journal = {The Onion} -} - -@article{stoneDemand, - author = {Stone, J.~R.~N.}, - title = {Linear Expenditure Systems and Demand Analysis: An - Application to the Pattern of British Demand}, - journal = {Economic Journal}, - year = 1954, - month = {Sep}, - pages = {511--27}, - volume = 64 -} - -@article{theilDemand, - author = {Theil, Henri}, - journal = {Econometrica}, - year = 1965, - volume = 33, - pages = {67--87}, - month = {Jan} -} - -@article{muellbauerAggregation, - jstor_articletype ={research-article}, - title = {Aggregation, Income Distribution and Consumer - Demand}, - author = {Muellbauer, John}, - journal = {The Review of Economic Studies}, - volume = 42, - number = 4, - jstor_formatteddate ={Oct., 1975}, - pages = {pp. 525-543}, - url = {http://www.jstor.org/stable/2296792}, - ISSN = 00346527, - language = {English}, - year = 1975, - publisher = {Oxford University Press}, - copyright = {Copyright © 1975 The Review of Economic Studies, - Ltd.}, -} - -@ARTICLE{delongSage, - author = {deLong, J.~Bradford}, - title = {This Time, It Is {\it Not} Different}, - journal = {Rethinking Finance: Perspectives on the Crisis}, - year = 2012, - note = {\url{http://www.russellsage.org/rethinking-finance}}, - file = {delongSage.pdf:delongSage.pdf:PDF}, - url = {http://www.russellsage.org/rethinking-finance} -} - -@MISC{HMD, - author = {\url{www.mortality.org}}, - title = {Human~Mortality~Database}, - howpublished = {University of California, Berkeley (USA), and Max - Planck Institute for Demographic Research - (Germany).}, - year = 2008, - note = {Available at {\url{www.mortality.org}}} -} - -@ARTICLE{aafMinWage, - author = {Aaronson, Daniel and Agarwal, Sumit and French, - Eric}, - title = {The Spending and Debt Response to Minimum Wage - Hikes}, - journal = {Federal Reserve Board of Chicago Working Paper}, - year = 2011, - volume = {2007-23}, - pages = 14 -} - -@INCOLLECTION{abm:parallel, - author = {Abdelkhalek, Ahmed and Bilas, Angelos and - Michaelides, Alexander}, - title = {Parallelization, Optimization, and Performance - Analysis of Portfolio Choice Models}, - booktitle = {Proceedings of the 30th International Conference on - Parallel Processing}, - year = 2001, - address = {Valencia, Spain}, - month = {September 3-7} -} - -@ARTICLE{abel:habitsinGE, - author = {Abel, Andrew B.}, - title = {Risk Premia and Term Premia in General Equilibrium}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 43, - pages = {3--33}, - number = 1, - month = {February} -} - -@ARTICLE{abel:aerhabits, - author = {Abel, Andrew B.}, - title = {Asset Prices under Habit Formation and Catching Up - with the Joneses}, - journal = {American Economic Review}, - year = 1990, - volume = 80, - pages = {38--42}, - number = 2, - month = May -} - -@ARTICLE{abel:q, - author = {Abel, Andrew B.}, - title = {A Dynamic Model of Investment and Capacity - Utilization}, - journal = {Quarterly Journal of Economics}, - year = 1981, - volume = 96, - pages = {379--403}, - number = 3 -} - -@Article{acemogluCrisis, - Title = {The Crisis of 2008: Structural Lessons For and From - Economics}, - Author = {Acemoglu, Daron}, - Journal = {Manuscript, MIT}, - Year = 2009, - Note = {See also the discussion at - \url{http://economistsview.typepad.com/economistsview/2009/01/acemoglu-the-mo.html}}, - Owner = {Nic Johnson}, - Url = {http://econ-www.mit.edu/files/3703} -} - -@ARTICLE{as94, - author = {Acemoglu, Daron and Scott, Andrew}, - title = {Consumer Confidence and Rational Expectations: Are - Agents' Beliefs Consistent with the Theory?}, - journal = {The Economic Journal}, - year = 1992, - volume = 104, - pages = {1--19} -} - -@ARTICLE{ab03, - author = {Vera A. Adamchik and Arjun S. Bedi}, - title = {Gender Pay Differentials during the Transition in - {P}oland}, - journal = {The Economics of Transition}, - year = 2003, - volume = 11, - pages = {697--726}, - number = 4 -} - -@ARTICLE{acScrapping, - author = {Adda, Jerome and Cooper, Russell}, - title = {Balladurette and Juppette: A Discrete Analysis of - Scrapping Subsidies}, - journal = {Manuscript, Department of Economics, Boston - University}, - year = 1997 -} - -@Article{aslCredit, - author = {Sumit Agarwal and Chunlin Liu and Nicholas - S. Souleles}, - title = {The Reaction of Consumer Spending and Debt to Tax - Rebates--Evidence from Consumer Credit Data}, - journal = {Journal of Political Economy}, - year = 2007, - volume = 115, - number = 6, - pages = {986--1019}, - month = {December}, - url = {http://www.nber.org/papers/w13694} -} - -@TECHREPORT{abC, - author = {Aguiar, Mark A. and Mark Bils}, - title = {Has Consumption Inequality Mirrored Income - Inequality?}, - institution = {National Bureau of Economic Research, Inc}, - year = 2011, - type = {NBER Working Paper}, - number = 16807, - month = Feb, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/16807.html}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/abC.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/abC.pdf:PDF}, - url = {http://ideas.repec.org/p/nbr/nberwo/16807.html} -} - -@ARTICLE{AguiarAmador11, - author = {Aguiar, M. and Amador, M.}, - title = {Growth in the Shadow of Expropriation}, - journal = {The Quarterly Journal of Economics}, - year = 2011, - volume = 126, - pages = {651--697}, - number = 2 -} - -@TECHREPORT{ap05, - author = {Henning Ahnert and Adrian Page}, - title = {Euro Area Residential Property Prices: The - Aggregation of Non-Harmonised National Data}, - institution = {Bank for International Settlements}, - year = 2005, - type = {BIS papers}, - number = {21: Real Estate Indicators and Financial Stability} -} - -@ARTICLE{aiyagari:ge, - author = {Aiyagari, S. Rao}, - title = {Uninsured Idiosyncratic Risk and Aggregate Saving}, - journal = {Quarterly Journal of Economics}, - year = 1994, - volume = 109, - pages = {659--684} -} - -@MISC{aiyagari:opttax, - author = {Aiyagari, S. Rao}, - title = {Optimal Capital Income Taxation with Incomplete - Markets and Borrowing Constraints}, - howpublished = {Federal Reserve Bank of Minneapolis Working Paper - Number~508}, - year = 1993 -} - -@ARTICLE{akerlofNobel, - author = {Akerlof, George A.}, - title = {Behavioral Macroeconomics and Macroeconomic - Behavior}, - journal = {American Economic Review}, - year = 2002, - volume = 92, - pages = {411--433}, - number = 3, - note = - {\url{http://www.aeaweb.org/articles.php?doi=10.1257/00028280260136192}}, - doi = {10.1257/00028280260136192}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akerlofNobel.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akerlofNobel.pdf:PDF}, - url = - {http://www.aeaweb.org/articles.php?doi=10.1257/00028280260136192} -} - -@ARTICLE{ayNearRational, - author = {Akerlof, George A. and Janet L. Yellen}, - title = {A Near-rational Model of the Business Cycle, with - Wage and Price Intertia}, - journal = {The Quarterly Journal of Economics}, - year = 1985, - volume = 100, - pages = {823--38}, - number = 5 -} - -@ARTICLE{adp:two, - author = {Akerlof, George and Dickens, William and Perry, - George}, - title = {Near-Rational Wage and Price Setting and the - Long-Run Phillips Curve}, - journal = {Brookings Papers in Economic Activity}, - year = 2000, - volume = {(2000:1)}, - pages = {1--60} -} - -@ARTICLE{adp:one, - author = {Akerlof, George and Dickens, William and Perry:, - George}, - title = {The Macroeconomics of Low Inflation}, - journal = {Brookings Papers in Economic Activity}, - year = 1996, - volume = {(1996:1)}, - pages = {1--76} -} - -@ARTICLE{fa:lenin, - author = {Alesina, Alberto and Fuchs-Schundeln, Nicola}, - title = {Good Bye Lenin (Or Not?) The Effect of Communism on - People's Preferences}, - journal = {Manuscript, Harvard University}, - year = 2006 -} - -@TECHREPORT{ai07, - author = {Alberto Alesina and Andrea Ichino}, - title = {Gender-based Taxation}, - institution = {Harvard University}, - year = 2007, - type = {mimeo} -} - -@ARTICLE{alesina&rodrik:inequality, - author = {Alesina, Alberto and Rodrik, Dani}, - title = {Distributive Politics and Economic Growth}, - journal = {Quarterly Journal of Economics}, - year = 1994, - volume = 109, - pages = {465--90}, - number = 2, - month = {May} -} - -@ARTICLE{aklCohorts, - author = {Alessie, Rob and Kapteyn, Arie and Lusardi, - Annamaria}, - title = {Explaining the Wealth Holdings of Different Cohorts: - Productivity Growth and Social Security}, - journal = {European Economic Review}, - year = 2005, - volume = 49, - pages = {1361--1381}, - month = {July} -} - -@ARTICLE{alessie&lusardi:habits, - author = {Alessie, Rob and Lusardi, Annamaria}, - title = {Consumption, Saving, and Habit Formation}, - journal = {Economics Letters}, - year = 1997, - volume = 55, - pages = {103--108} -} - -@TECHREPORT{at02, - author = {Rob Alessie and Frederica Teppa}, - title = {Saving and Habit Formation: Evidence from the Dutch - Panel Data}, - institution = {CentER, Tilburg University}, - year = 2002, - type = {discussion paper}, - number = 62 -} - -@ARTICLE{algana, - author = {Algan, Yann and Allais, Oliver and Den~Haan, Wouter - J.}, - title = {Solving Heterogeneous-agent Models with - Parameterized Cross-sectional Distributions}, - journal = {Journal of Economic Dynamics and Control}, - year = 2008, - volume = 32, - pages = {875--908}, - number = 3, - month = {March} -} - -@ARTICLE{alganb, - author = {Algan, Yann and Allais, Oliver and Haan, - Wouter~J. Den}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty Using Parameterized Cross-sectional - Distributions}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{allen&carroll:individual, - author = {Allen, Todd M. and Carroll, Christopher D.}, - title = {Individual Learning About Consumption}, - journal = {Macroeconomic Dynamics}, - year = 2001, - volume = 5, - number = 4, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/IndivLearningAboutC.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/IndivLearningAboutC.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/IndivLearningAboutC.pdf} -} - -@TECHREPORT{ags05, - author = {Filippo Altissimo and Evaggelia Georgiou and Teresa - Sastre and Maria Teresa Valderrama and Gabriel - Sterne and Marc Stocker and Mark Weth and Karl - Whelan and Alpo Willman}, - title = {Wealth and Asset Price Effects on Economic Activity}, - institution = {European Central Bank}, - year = 2005, - type = {occasional paper series}, - number = 29 -} - -@ARTICLE{ahk:altruism, - author = {Altonji, Joseph G., Fumio Hayashi and Kotlikoff, - Laurence J.}, - title = {Is the Extended Family Altruistically Linked?}, - journal = {American Economic Review}, - year = 1992, - volume = 82, - pages = {1177--98}, - number = 5 -} - -@ARTICLE{aclvJoy, - author = {Ameriks, John and Caplin, Andrew and Laufer, Steven - and Van Nieuwerburgh, Stijn}, - title = {The Joy Of Giving Or Assisted Living? Using - Strategic Surveys To Separate Public Care Aversion - From Bequest Motives}, - journal = {The Journal of Finance}, - year = 2011, - volume = 66, - pages = {519--561}, - number = 2, - publisher = {Wiley Online Library} -} - -@ARTICLE{as07, - author = {Sungbae An and Frank Schorfheide}, - title = {Bayesian Analysis of DSGE Models}, - journal = {Econometric Reviews}, - year = 2007, - volume = {2--4}, - pages = {113--172}, - number = 26 -} - -@ARTICLE{ahlrStateSpace, - author = {Andersen, Steffen and Glenn W. Harrison and Morten - I. Lau and Elisabet Rutstr{\"}{o}m}, - title = {Lost in State Space: Are Preferences Stable?}, - journal = {International Economic Review}, - year = 2008, - volume = 49, - pages = {1091--1112}, - number = 3, - note = - {\url{http://dx.doi.org/10.1111/j.1468-2354.2008.00507.x}}, - abstract = {We use field experiments to examine the temporal - stability of risk preferences. Over a 17-month - period, we elicited risk preferences from subjects - chosen to be representative of the adult Danish - population. During this period we revisited many of - these subjects and repeated a risk aversion - elicitation task. We find some variation in risk - attitudes over time, but we do not detect a general - tendency for risk attitudes to increase or decrease - over a 17-month span. The results also suggest that - risk preferences are state contingent with respect - to personal finances.}, - doi = {10.1111/j.1468-2354.2008.00507.x}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahlrStateSpace.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahlrStateSpace.pdf:PDF}, - issn = {1468-2354}, - publisher = {Blackwell Publishing Inc}, - url = {http://dx.doi.org/10.1111/j.1468-2354.2008.00507.x} -} - -@TECHREPORT{aln05, - author = {Javier Andres and J. David Lopez-Salido and Edward - Nelson}, - title = {Sticky-Price Models and the Natural Rate Hypothesis}, - institution = {Federal Reserve Bank of St. Louis}, - year = 2005, - type = {Working Paper}, - number = {2005-018A} -} - -@ARTICLE{andrews:hac, - author = {Andrews, Donald W. K.}, - title = {Heteroskedasticity and Autocorrelation Consistent - Covvariance Matrix Estimation}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {817--858}, - number = 3 -} - -@ARTICLE{ams06, - author = {Donald W. K. Andrews and Marcelo J. Moreira and - James H. Stock}, - title = {Optimal Two-sided Invariant Similar Tests for - Instrumental Variables Regression}, - journal = {Econometrica}, - year = 2006, - volume = 74, - pages = {715--752}, - number = 3 -} - -@article{paEntrep, - title={Financial Integration, Entrepreneurial Risk and Global Dynamics}, - author={Angeletos, George-Marios and Panousi, Vasia}, - journal={Journal of Economic Theory}, - volume={146}, - number={3}, - pages={863--896}, - year={2011}, - url = {http://dx.doi.org/10.1016/j.jet.2011.02.001}, - publisher={Elsevier} -} - -@ARTICLE{paEntrep-InPress, - author = {Angeletos, George-Marios and Panousi, Vasia}, - title = {Financial Integration, Entrepreneurial Risk and - Global Dynamics}, - journal = {Journal of Economic Theory}, - year = 2011, - volume = {In Press, Corrected Proof}, - pages = {-}, - bdsk-url-1 = - {http://www.sciencedirect.com/science/article/B6WJ3-523V3MJ-2/2/6c200dd3b59cce0b683246ed465f2dff}, - bdsk-url-2 = {http://dx.doi.org/10.1016/j.jet.2011.02.001}, - doi = {DOI: 10.1016/j.jet.2011.02.001}, - issn = {0022-0531}, - keywords = {Global imbalances}, - url = - {http://www.sciencedirect.com/science/article/B6WJ3-523V3MJ-2/2/6c200dd3b59cce0b683246ed465f2dff} -} - -@ARTICLE{angrist&krueger:TSIV, - author = {Angrist, Joshua D. and Krueger, Alan B.}, - title = {The Effect of Age at School Entry on Educational - Attainment: An Application of Instrumental Variables - with Moments from Two Samples}, - journal = {Journal of the American Statistical Association}, - year = 1992, - volume = 87, - pages = {328--26}, - month = {June} -} - -@TECHREPORT{Antoniewicz:2000, - author = {Antoniewicz, Rochelle L.}, - title = {A Comparison of the Household Sector from the Flow - of Funds Accounts and the Survey of}, - institution = {Federal Reserve Board}, - year = 2000, - month = {October} -} - -@PHDTHESIS{arbatliThesis, - author = {Arbatli, Elif C.}, - title = {Persistence Of Income Shocks And The Intertemporal - Model Of The Current Account}, - school = {Johns Hopkins University}, - year = 2008, - month = {November} -} - -@ARTICLE{arifovic:stability, - author = {Arifovic, Jasmina}, - title = {Stability of Equilibria under Genetic Algorithm - Adaption: an Analysis}, - journal = {Macroeconomic Dynamics}, - year = 1998, - volume = 2, - pages = {1--21} -} - -@ARTICLE{arifovic:exchangerate, - author = {Arifovic, Jasmina}, - title = {The Behavior of the Exchange Rate in the Genetic - Algorithm and Experimental Economies}, - journal = {Journal of Political Economy}, - year = 1996, - volume = 104, - pages = {510--541} -} - -@ARTICLE{arifovic:inflation, - author = {Arifovic, Jasmina}, - title = {Genetic Algorithms and Inflationary Economies}, - journal = {Journal of Monetary Economics}, - year = 1995, - volume = 36, - pages = {219--243} -} - -@ARTICLE{arifovic:cobweb, - author = {Arifovic, Jasmina}, - title = {Genetic Algorithm Learning and the Cobweb Model}, - journal = {Journal of Economic Dynamics and Control}, - year = 1994, - volume = 18, - pages = {3--28} -} - -@ARTICLE{abd:transition, - author = {Arifovic, Jasmina and Bullard, James and Duffy, - John}, - title = {The Transition from Stagnation to Growth: An - Adaptive Learning Approach}, - journal = {Journal of Economic Growth}, - year = 1997, - volume = 2, - pages = {185--209} -} - -@BOOK{aristotleFallacies, - title = {On Sophistical Refutations}, - publisher = {The Wikipedia Foundation}, - year = {350 BC}, - author = {Aristotle} -} - -@TECHREPORT{aeh02, - author = {Arnold, Ivo and {van Els}, Peter and {de Haan}, - Jakob}, - title = {Wealth Effects and Monetary Policy}, - institution = {De Nederlandsche Bank}, - year = 2002, - type = {Research memorandum}, - number = 719 -} - -@TECHREPORT{muellbauerEtAl_assa09, - author = {Aron, Janine and Duca, John and Muellbauer, John and - Murata, Keiko and Murphy, Anthony}, - title = {Credit, Housing, Collateral and Consumption: - Evidence from the UK, Japan and the US}, - institution = {University of Oxford}, - year = 2008, - type = {mimeo} -} - -@TECHREPORT{AronEtAl:2010, - author = {Aron, Janie and Duca, John V. and Muellbauer, John - and Murata, Keiko and Murphy, Anthony}, - title = {Credit, Housing Collateral and Consumption: Evidence - from the UK, Japan and the US}, - institution = {Federal Reserve Bank of Dallas}, - year = 2010, - type = {Working Paper}, - number = 1002, - month = May -} - -@INCOLLECTION{arrow:applications, - author = {Arrow, Kenneth A.}, - title = {Applications of Control Theory to Economic Growth}, - booktitle = {Mathematics of the Decision Sciences, Part II}, - publisher = {American Mathematical Society}, - year = 1968, - address = {Providence, RI} -} - -@BOOK{arrow1971etr, - title = {{Essays in the Theory of Risk-Bearing}}, - publisher = {North-Holland}, - year = 1971, - author = {Arrow, Kenneth J.} -} - -@TECHREPORT{art05, - author = {Arthur, Stephan V.}, - title = {Obtaining Real Estate Data: Criteria, Difficulties - and Limitations}, - institution = {Bank for International Settlements}, - year = 2005, - type = {BIS papers}, - number = {21: Real Estate Indicators and Financial Stability} -} - -@ARTICLE{arthur:likehumans, - author = {Arthur, W. Brian}, - title = {On Designing Economic Agents That Behave Like Human - Agents}, - journal = {Journal of Evolutionary Economics}, - year = 1993, - volume = 3, - pages = {1--22} -} - -@INCOLLECTION{arthuretal:artificialstock, - author = {Arthur, W. Brian and Holland, John H. and LeBaron, - Blake and Palmer, Richard and Tayler, Paul}, - title = {Asset Pricing Under Endogenous Expectations in an - Artificial Stock Market}, - booktitle = {The Economy as an Evolving Complex System II}, - publisher = {Addison Wesley Longman}, - year = 1997, - editor = {Arthur, W. Brian and Durlauf, Steven N. and Lane, - David} -} - -@ARTICLE{ahlpt:artificial, - author = {Arthur, W. Brian and Holland, John H. and LeBaron, - Blake and Palmer, Richard and Tayler, Paul}, - title = {Asset Pricing Under Endogenous Expectations in an - Artifical Stock Market}, - journal = {Santa Fe Institute Working Paper}, - year = 1997 -} - -@ARTICLE{arthur&lane:contagion, - author = {Arthur, W. Brian and Lane, David A.}, - title = {Information Contagion}, - journal = {Economic Dynamics and Structural Change}, - year = 1993, - volume = 4, - pages = {81--104} -} - -@ARTICLE{aroubaBehaved, - author = {Aruoba, S.~Boragan}, - title = {Data Revisions Are Not Well Behaved}, - journal = {Journal of Money, Credit, and Banking}, - year = 2008, - volume = 40, - pages = {319--340}, - number = {2-3} -} - -@ARTICLE{akRiskSharing, - author = {Asdrubali, Pierfederico and Kim, Soyoung}, - title = {Dynamic Risksharing in the United States and Europe}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - pages = {809--836}, - note = {\\ - \url{http://dx.doi.org/10.1016/j.jmoneco.2003.09.002}}, - doi = {doi:10.1016/j.jmoneco.2003.09.002}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akRisksharing.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/akRisksharing.pdf:PDF}, - url = {http://dx.doi.org/10.1016/j.jmoneco.2003.09.002} -} - -@ARTICLE{ASY:1996, - author = {Asdrubali, Pierfederico and Sorensen, Bent and - Yosha, Oved}, - title = {Channels of interstate risksharing: United States - 1963-1990}, - journal = {Quarterly Journal of Economics}, - year = 1996, - volume = 111, - pages = {1081--1110} -} - -@ARTICLE{Athanasoulis/Wincoop:2001, - author = {Athanasoulis, Stefano G. and van Wincoop, Eric}, - title = {Risk sharing within the United States: what do - financial markets and fiscal federalism accomplish}, - journal = {The Review of Economics and Statistics}, - year = 2001, - volume = 83, - pages = {688--698}, - number = 4 -} - -@ARTICLE{Athanasoulis/Wincoop:2000, - author = {Athanasoulis, Stefano G. and van Wincoop, Eric}, - title = {Growth uncertainty and risksharing}, - journal = {Journal of Monetary Economics}, - year = 2000, - volume = 45, - pages = {477--505} -} - -@ARTICLE{atkeson&ogaki:ies, - author = {Atkeson, Andrew and Ogaki, Masao}, - title = {Wealth-Varying Intertemporal Elasticities of - Substitution: Evidence from Panel and Aggregate - Data}, - journal = {Journal of Monetary Economics}, - year = 1996, - volume = 38, - pages = {507--534}, - number = 3 -} - -@BOOK{atkinson&stiglitz:pubecon, - title = {Lectures on Public Economics}, - publisher = {McGraw-Hill BOOK Company}, - year = 1980, - author = {{Atkinson, Anthony B.} and {Joseph E. Stiglitz}}, - address = {New York} -} - -@ARTICLE{Attanasio:2000, - author = {Attanasio, O.}, - title = {Consumer Durables and Inertial Behavior: Estimation - and Aggregation of (S,s) Rules for Automobile - Purchase}, - journal = {Review of Economic Studies}, - year = 2000, - volume = 67, - pages = {667--696}, - number = 4 -} - -@ARTICLE{AttanasioBanksMeghirWeber, - author = {Attanasio, O.P. and Banks, J. and Meghir, C. and - Weber, G.}, - title = {Humps and Bumps in Lifetime Consumption}, - journal = {Journal of Business and Economic Statistics}, - year = 1999, - volume = 17, - pages = {22--35}, - number = 1, - publisher = {JSTOR} -} - -@ARTICLE{abt02, - author = {Orazio Attanasio and James Banks and Sarah Tanner}, - title = {Asset Holding and Consumption Volatility}, - journal = JPE, - year = 2002, - volume = 110, - pages = {771--92}, - number = 4, - month = {August} -} - -@ARTICLE{abiReally, - author = {Attanasio, Orazio and Battistin, Erich and Ichimura, - Hidehiko}, - title = {What Really Happened to Consumption Inequality in - the US?}, - journal = {NBER Working Papers}, - year = 2004, - publisher = {National Bureau of Economic Research, Inc} -} - -@BOOK{attanasioCEvsNIPA, - title = {Inequality in Living Standards Since 1980: Evidence - from Expenditure Data}, - publisher = {American Enterprise Institute}, - year = 2010, - author = {Attanasio, Orazio and Battistin, Erich and Padula, - Mario}, - month = {May}, - bdsk-url-1 = - {http://www.homepages.ucl.ac.uk/~uctpjrt/Files/abp_rev_V.pdf}, - url = - {http://www.homepages.ucl.ac.uk/~uctpjrt/Files/abp_rev_V.pdf} -} - -@ARTICLE{abhlExpectations, - author = {Attanasio, Orazio and Blow, Laura and Hamilton, - Robert and Leicester, Andrew}, - title = {Consumption, House Prices, and Expectations}, - journal = {Bank of England Working Paper Number 271}, - year = 2008 -} - -@INCOLLECTION{ahpInequality, - author = {Attanasio, Orazio and Erik Hurst and Luigi - Pistaferri}, - title = {Measuring the Evolution of Inequality and Poverty - with the Consumer Expenditure Survey and Alternative - Data Sources}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {CRIW, University of Chicago Press}, - year = 2013, - note = {\\ \url{http://www.nber.org/papers/w17982}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahpInequality.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ahpInequality.pdf:PDF} -} - -@ARTICLE{aps:sgi, - author = {Attanasio, Orazio and Picci, Lucio and Scorcu, - Antonello}, - title = {Saving, Growth, and Investment: A Macroeconomic - Analysis Using a Panel of Countries}, - journal = {Review of Economics and Statistics}, - year = 2000, - volume = 82, - number = 1, - month = May -} - -@ARTICLE{oAaV03, - author = {Orazio Attanasio and Annette Vissing-Jorgensen}, - title = {Stock Market Participation, Intertemporal - Subsititution and Risk Aversion}, - journal = AERPP, - year = 2003, - volume = 93, - pages = {383--91}, - number = 2, - month = {May} -} - -@ARTICLE{AttanasioEtAl:2009, - author = {Attanasio, Orazio P. and Blow, Laura and Hamilton, - Robert and Leicester, Andrew}, - title = {Booms and Busts: Consumption, House Prices and - Expectations}, - journal = {Economica}, - year = 2009, - volume = 76, - pages = {20--50}, - number = 301, - month = 02 -} - -@Article{adInsurance, - author = {Orazio Attanasio and Steven J. Davis}, - title = {Relative Wage Movements and the Distribution of Consumption}, - journal = {Journal of Political Economy}, - year = {1996}, - volume = {104}, - number = {6}, - pages = {1227--62}, - month = {December}, -} - -@ARTICLE{attanasio&pavoni:hidden, - author = {Attanasio, Orazio P. and Pavoni, Nicola}, - title = {Risk Sharing with Moral Hazard and Hidden Saving}, - journal = {Manuscript, University College London}, - year = 2005 -} - -@INCOLLECTION{akg:genaccts, - author = {Auerbach, Alan J. and Kotlikoff, Laurence J. and - Gokhale, Jagadeesh}, - title = {Generational Accounting: A Meaningful Alternative to - Deficit Accounting}, - booktitle = {Tax Policy and the Economy}, - publisher = {MIT Press}, - year = 1991, - editor = {Bradford, David}, - volume = 5, - address = {Cambridge, MA} -} - -@ARTICLE{aks:reform, - author = {Auerbach, Alan J. and Kotlikoff, Laurence J. and - Skinner, Jonathan S.}, - title = {The Efficiency Gains from Dynamic Tax Reform}, - journal = {International Economic Review}, - year = 1983, - volume = 24, - pages = {81--100} -} - -@BOOK{auerbach&kotlikoff:policy, - title = {Dynamic Fiscal Policy}, - publisher = {Cambridge University Press}, - year = 1987, - author = {{Auerbach, Alan J.} and {Laurence J. Kotlikoff}}, - address = {New York} -} - -@ARTICLE{auten&joulfaian:charitable, - author = {Auten, Gerald and Joulfaian, David}, - title = {Charitable Contributions and Intergenerational - Transfers}, - journal = {Journal of Public Economics}, - year = 1996, - volume = 59, - pages = {55--68}, - number = 1 -} - -@INCOLLECTION{benabou:inequality, - author = {B{\'}enabou, Roland}, - title = {Inequality and Growth}, - booktitle = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 1996, - editor = {Bernanke, Ben S. and Rotemberg, Julio J.}, - volume = 11, - pages = {11--74}, - address = {Cambridge, MA}, - journal = {National Bureau of Economic Research Macroeconomics - Annual} -} - -@INCOLLECTION{borsch-supan:retirement, - author = {B{\"}orsch-Supan, Axel}, - title = {Germany: A Social Security System on the Verge of - Collapse}, - booktitle = {Redesigning Social Security}, - publisher = {Institut f{\"}ur Weltwirtschaft an der - Universit{\"}at Kiel}, - year = 1998, - editor = {Seibert, Horst}, - address = {T{\"}ubingen : Mohr Siebeck} -} - -@ARTICLE{Backus:1992, - author = {Backus, David K. and Kehoe, Patrick J. and Kyland, - Finn E.}, - title = {International Real Business Cycles}, - journal = {The Journal of International Economics}, - year = 1998, - volume = 44, - pages = {289--313} -} - -@ARTICLE{bagwell&bernheim:sex, - author = {Bagwell, Kyle and Bernheim, B. Douglas}, - title = {Is Everything Neutral?}, - journal = {Journal of Political Economy}, - year = 1988, - volume = 96, - pages = {308--338}, - number = 2 -} - -@ARTICLE{blaDebt, - author = {Baily, Martin N. and Lund, Susan and Atkins, - Charles}, - title = {Will US Consumer Debt Reduction Cripple the - Recovery?}, - journal = {McKinsey Global Institute}, - year = 2009, - month = {April} -} - -@TECHREPORT{mckinseyC, - author = {Baily, Martin N. and Lund, Susan and Atkins, - Charles}, - title = {Will US Consumer Debt Reduction Cripple the - Recovery?}, - institution = {McKinsey Global Institute}, - year = 2009, - type = {report} -} - -@ARTICLE{bakshi&chen:spirit, - author = {Bakshi, Gurdip and Chen, Zhiwu}, - title = {The Spirit of Capitalism and Stock-Market Prices}, - journal = {American Economic Review}, - year = 1996, - volume = 86, - pages = {133--157}, - number = 1 -} - -@ARTICLE{ball:nearrationalQJE, - author = {Ball, Laurence}, - title = {Near-Rationality and Inflation in Two Monetary - Regimes}, - journal = {NBER Working Paper No. W7988}, - year = 2000, - month = {October} -} - -@ARTICLE{ball:credibilityregcite, - author = {Ball, Laurence}, - title = {Disinflation with Imperfect Credibility}, - journal = {Journal of Monetary Economics}, - year = 1995, - volume = {XXXV (1995)}, - pages = {5--23} -} - -@ARTICLE{bmr:phillips, - author = {Ball, Lawrence and Mankiw, N. Gregory and Romer, - David}, - title = {The New Keynesian Economics and the Output-Inflation - Tradeoff}, - journal = {Brookings Papers on Economic Activity}, - year = 1988, - volume = 1988, - pages = {1--65}, - number = 1 -} - -@ARTICLE{ball&moffitt:pty, - author = {Ball, Laurence and Moffitt, Robert}, - title = {Productivity Growth and the Phillips Curve}, - journal = {Johns Hopkins University Department of Economics - Working Paper Number 450}, - year = 2001, - month = {June} -} - -@ARTICLE{baro90, - author = {Laurence Ball and David Romer}, - title = {Real Rigidities and the Nonneutrality of Money}, - journal = {Review of Economic Studies}, - year = 1990, - volume = 57, - pages = {539--552}, - number = {April} -} - -@INPROCEEDINGS{Ball1994, - author = {Laurence M. Ball}, - title = {What Determines the Sacrifice Ratio?}, - booktitle = {Monetary Policy}, - year = 1994, - editor = {N. Gregory Mankiw}, - publisher = {University of Chicago Press} -} - -@BOOK{bal02, - title = {Econometrics}, - publisher = {Springer}, - year = 2002, - author = {Badi H. Baltagi}, - edition = {Third} -} - -@ARTICLE{barata&pacheco:monetarypolicy, - author = {Barata, Jos{\`}e M. and Pacheco, Luis M.}, - title = {Asset Prices and Monetary Policy: Wealth Effects on - Consumption}, - journal = {The 20th Symposium on Banking and Monetary Economics - Papers, University of Birmingham}, - year = 2003 -} - -@ARTICLE{barberaFight, - author = {Barbera, Robert J.}, - title = {If It Were a Fight, They Would Have Stopped It in - December of 2008}, - journal = {The Economists' Voice}, - year = 2010, - volume = 7, - pages = 3, - number = 2, - note = - {\url{http://EconPapers.repec.org/RePEc:bpj:evoice:v:7:y:2010:i:2:n:3}}, - abstract = {New classical economics should not be judged based - upon what theorists say today about the 2008-2009 - crisis, but instead by looking at what economists - like Casey Mulligan said as the crisis was - unfolding. Once scrutiny is given to what new - classical economics lead adherents believe in late - 2008, Robert Barbera wonders how any rational - thinker could continue to defend the framework.}, - keywords = {Holding Macroeconomic theories to task after - 2008-2009; new classical economics; the 2008-2009 - crisis; keynes; minsky}, - url = - {http://EconPapers.repec.org/RePEc:bpj:evoice:v:7:y:2010:i:2:n:3} -} - -@ARTICLE{bwTaylor, - author = {Barbera, Robert J. and Weise, Charles L.}, - title = {Minsky Meets Wicksell: Using the Wicksellian Model - to Understand the 21st Century Business Cycle}, - journal = {Manuscript, Gettysburg College}, - year = 2008, - note = {Available at - \url{http://www.gettysburg.edu/dotAsset/2104335.pdf}} -} - -@ARTICLE{barilan&blinder:doingnothing, - author = {Bar-Ilan, Avner and Blinder, Alan S.}, - title = {Consumer Durables: Evidence on the Optimality of - Usually Doing Nothing}, - journal = {Journal of Money, Credit, and Banking}, - year = 1992, - volume = 24, - pages = {258--272}, - number = 2 -} - -@ARTICLE{barroDisasters, - author = {Barro, Robert J.}, - title = {Rare Disasters and Asset Markets in the Twentieth - Century}, - journal = {Quarterly Journal of Economics}, - year = 2006, - volume = 121, - pages = {823--66}, - number = 3 -} - -@ARTICLE{barro:impatience, - author = {Barro, Robert J.}, - title = {Ramsey Meets Laibson in the Neoclassical Growth - Model}, - journal = {Forthcoming, Quarterly Journal of Economics}, - year = 1999 -} - -@ARTICLE{barro:growthqje, - author = {Barro, Robert J.}, - title = {Economic Growth in a Cross Section of Countries}, - journal = {Quarterly Journal of Economics}, - year = 1991, - volume = 106, - pages = {407--443} -} - -@ARTICLE{barro:bondsnetworth, - author = {Barro, Robert J.}, - title = {Are Government Bonds Net Worth?}, - journal = {Journal of Political Economy}, - year = 1974, - volume = 82, - pages = {1095--117} -} - -@BOOK{barro&salaimartin:book, - title = {Economic Growth}, - publisher = {McGraw-Hill}, - year = 1995, - author = {Barro, Robert J. and {Sala-i-Martin}, Xavier}, - address = {New York} -} - -@ARTICLE{barsky:fisher, - author = {Barsky, Robert B.}, - title = {The Fisher Hypothesis and the Forecastability and - Persistence of Inflation}, - journal = {Journal of Monetary Economics}, - year = 1987, - volume = 19, - pages = {3--24} -} - -@ARTICLE{bjksPreferences, - author = {Barsky, Robert B. and Juster, F. Thomas and Kimball, - Miles S. and Shapiro, Matthew D.}, - title = {Preference parameters and behavioral heterogeneity: - An experimental approach in the health and - retirement study*}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = 112, - pages = {537--579}, - number = 2, - note = {\url{http://www.jstor.org/stable/2951245}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bjksPreferences.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bjksPreferences.pdf:PDF}, - publisher = {MIT Press}, - url = {http://www.jstor.org/stable/2951245} -} - -@ARTICLE{barskymankiwzeldes:aer, - author = {Barsky, Robert B. and Mankiw, N.~Gregory and Zeldes, - Stephen P.}, - title = {Ricardian Consumers with Keynesian Propensities}, - journal = {American Economic Review}, - year = 1986, - volume = 76, - pages = {676--91}, - number = 4, - month = {September} -} - -@ARTICLE{barthCostsBeliefs, - author = {Barth, Daniel}, - title = {The Costs and Beliefs Implied by Direct Stock - Ownership}, - journal = {Manuscript, Department of Economics, Hamilton - College}, - year = 2013, - note = - {\url{http://people.hamilton.edu/documents/BarthDaniel_CostsBeliefs_RFS.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/barthCostsBeliefs.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/barthCostsBeliefs.pdf:PDF}, - url = - {http://people.hamilton.edu/documents/BarthDaniel_CostsBeliefs_RFS.pdf} -} - -@BOOK{bartlett:quotes, - title = {Familiar Quotations}, - publisher = {Little, Brown, and Company}, - year = 1980, - author = {Bartlett, John}, - address = {Boston}, - edition = 15, - note = {Edited by Emily Morison Beck} -} - -@ARTICLE{bk:InvestPlan, - author = {Basu, Susanto and Kimball, Miles S.}, - title = {Investment Planning Costs and the Effects of Fiscal - and Monetary Policy}, - journal = {Manuscript, U of Michigan}, - year = 2004 -} - -@ARTICLE{basuKimballLabor, - author = {Basu, Susanto and Kimball, Miles S.}, - title = {Long-Run Labor Supply and the Elasticity of - Intertemporal Substitution for Consumption}, - journal = {Manuscript, University of Michigan}, - year = 2000 -} - -@ARTICLE{blAsymptotics, - author = {Battycharya, R. N. and Lee, O.}, - title = {Asymptotics of a Class of Markov Processes Which Are - Not In General Irreducible}, - journal = {Annals of Probability}, - year = 1988, - volume = 16, - page = {1333--1347} -} - -@MISC{baxter:euler, - author = {Baxter, Marianne}, - title = {Approximating Suboptimal Dynamic Equilibria: An - Euler Equation Approach}, - howpublished = {University of Rochester Working Paper Number~139}, - year = 1988 -} - -@TECHREPORT{BayoumiEdison:2003, - author = {Bayoumi, Tamim and Edison, Hali}, - title = {Is Wealth Increasingly Driving Consumption}, - institution = {Netherlands Central Bank}, - year = 2003, - type = {DNB Staff Reports (discontinued)}, - number = 101 -} - -@ARTICLE{Bayoumi/Klein:1997, - author = {Bayoumi, Tamim and Klein, Michael W.}, - title = {A provinvial view of economic integration}, - journal = {IMF Working Paper}, - year = 1997, - number = {WP/97/41} -} - -@ARTICLE{bcjRiskPreferences, - author = {Beauchamp, Jonathan and Cesarini, David and - Johannesson, Magnus}, - title = {The Psychometric Properties of Measures of Risk - Preferences}, - journal = {Manuscript, Harvard University}, - year = 2011 -} - -@ARTICLE{bl02, - author = {Thorsten Beck and Ross Levine}, - title = {Industry Growth and Capital Allocation: Does Having - a Market- or Bank-Based System Matter?}, - journal = {Journal of Financial Economics}, - year = 2002, - volume = 4, - pages = {59--77}, - number = 2 -} - -@BOOK{becker:humcap, - title = {Human Capital: A Theoretical Analysis with Special - Reference to Education}, - publisher = {Columbia University Press for NBER}, - year = 1964, - author = {Becker, Gary}, - address = {New York} -} - -@ARTICLE{beckerWealth, - author = {Becker, Robert A. and Foias, C.}, - title = {A Characterization of Ramsey Equilibrium}, - journal = {Journal of Economic Theory}, - year = 1987, - volume = 41, - pages = {173--184}, - number = 1, - publisher = {Elsevier} -} - -@ARTICLE{bcj:wealtheffects, - author = {Benjamin, John D. and Chinloy, Peter and Jud, - G. Donald}, - title = {Consumption, Real Estate and Financial Wealth}, - journal = {Manuscript, University of North Carolina}, - year = 2003 -} - -@INCOLLECTION{porath:humcap2, - author = {Ben~Porath, Yoram}, - title = {The Production of Human Capital Over Time}, - booktitle = {Education, Income, and Human Capital}, - publisher = {National Bureau of Economic Research, Distributed by - Columbia University Press}, - year = 1970, - editor = {W.~L.~Hansen}, - address = {New York} -} - -@ARTICLE{porath:humcap, - author = {Ben~Porath, Yoram}, - title = {The Production of Human Capital and the Life Cycle - of Earnings}, - journal = {Journal of Political Economy}, - year = 1967, - volume = 75, - pages = {352--65}, - number = {supplement} -} - -@ARTICLE{bcLongRunRisk, - author = {Benzoni, Luca and Pierre Collin-Dufresne and Robert - S. Goldstein}, - title = {Portfolio Choice over the Life-Cycle when the Stock - and Labor Markets are Cointegrated}, - journal = {Journal of Finance}, - year = 2007, - volume = 62, - pages = {2123--2167}, - number = 5, - month = {Oct}, - note = - {\url{http://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.2007.01271.x/full}}, - doi = {DOI: 10.1111/j.1540-6261.2007.01271.x}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bcLongRunRisk.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bcLongRunRisk.pdf:PDF}, - url = - {http://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.2007.01271.x/full} -} - -@ARTICLE{bszHumK, - author = {Berk, Jonathan and Stanton, Richard and Zechner, - Josef}, - title = {Human Capital, Bankruptcy, and Capital Structure}, - journal = {Manuscript, Hass School of Business, Berkeley}, - year = 2009 -} - -@ARTICLE{Bernanke:savingglut, - author = {Bernanke, Ben}, - title = {The Global Saving Glut and the U.S.\ Current Account - Deficit}, - journal = {Remarks at the Sandridge Lecture, Virginia - Association of Economics, Richmond, Virginia}, - year = 2005, - volume = {March 10, 2005} -} - -@ARTICLE{bernanke&ferri&simon:flight, - author = {Bernanke, Benjamin and Ferrri, Giovanni and Simon, - Peter}, - title = {Is There a Flight to Quality in Consumer Lending?}, - journal = {Manuscript, Princeton University}, - year = 1997 -} - -@ARTICLE{bernanke&gertler&gilchrist:accellerator, - author = {Bernanke, Benjamin and Gertler, Mark and Gilchrist, - Simon}, - title = {The Financial Accellerator and the Flight to - Quality}, - journal = {Review of Economics and Statistics}, - year = 1996, - volume = 78, - pages = {1--15} -} - -@ARTICLE{bernankeGlut, - author = {Bernanke, Benjamin S.}, - title = {The Global Saving Glut and the U.S. Current Account - Deficit : A Speech at the Sandridge Lecture, - Virginia Association of Economics, Richmond, - Virginia, March 10, 2005 and the Homer Jones - Lecture, St.}, - journal = {Speech}, - year = 2005, - abstract = {No abstract is available for this item.}, - bdsk-url-1 = {http://ideas.repec.org/a/fip/fedgsq/y2005x19.html}, - keywords = {Balance of trade ; Budget deficits ; International - finance}, - url = {http://ideas.repec.org/a/fip/fedgsq/y2005x19.html} -} - -@ARTICLE{bernanke:adjcosts, - author = {Bernanke, Ben S.}, - title = {Adjustment Costs, Durables, and Aggregate - Consumption}, - journal = {Journal of Monetary Economics}, - year = 1985, - volume = 15, - pages = {41--68}, - number = 1 -} - -@ARTICLE{bernanke:liquidity, - author = {Bernanke, Ben S.}, - title = {Permanent Income, Liquidity, and Expenditure on - Automobiles: Evidence From Panel Data}, - journal = {Quarterly Journal of Economics}, - year = 1984, - volume = 99, - pages = {587--614}, - number = 3 -} - -@ARTICLE{bernanke:irreversible, - author = {Bernanke, Ben S.}, - title = {Irreversibility, Uncertainty, and Cyclical - Investment}, - journal = {Quarterly Journal of Economics}, - year = 1983, - volume = 98, - pages = {85--106}, - number = 1 -} - -@BOOK{blmp:infltarget, - title = {Inflation Targeting: Lessons from the International - Experience}, - publisher = {Princeton University Press}, - year = 1999, - author = {Bernanke, Ben S. and Laubach, Thomas and Mishkin, - Frederic S. and Posen, Adam S.}, - address = {Princeton, NJ} -} - -@ARTICLE{bernheim&garrett:education, - author = {Bernheim, B. Douglas and Garrett, Daniel M.}, - title = {The Determinants and Consequences of Financial - Education in the Workplace: Evidence From a Survey - of Households}, - journal = {NBER Working Paper No. 5667}, - year = 1996 -} - -@ARTICLE{bsw:variation, - author = {Bernheim, B. Douglas and Skinner, Jonathan and - Weinberg, Steven}, - title = {What Accounts for the Variation Retirement Wealth - Among US Households?}, - journal = {NBER Working Paper Number 6227}, - year = 1997 -} - -@INCOLLECTION{bernheim:literacy, - author = {Bernheim, Douglas}, - title = {Personal Saving, Information, and Economic Literacy: - New Directions for Public Policy}, - booktitle = {Tax Policiy for Economic Growth in the 1990s}, - publisher = {merican Council for Capital Formation}, - year = 1996, - pages = {53--78}, - address = {Washington, D.C.} -} - -@INCOLLECTION{b&s-m:usportfolios, - author = {Bertaut, Carol and Starr-McCluer, Martha}, - title = {Household Portfolios in the United States}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, - Tullio} -} - -@ARTICLE{bertaut:wealtheffects, - author = {Bertaut, Carol C.}, - title = {Equity Prices, Household Wealth, and Consumption - Growth in Foreign Industrial Countries: Wealth - Effects in the 1990s}, - journal = {Board of Governors of the Federal Reserve System - International Finance Discussion Papers 724}, - year = 2002 -} - -@ARTICLE{bertaut&haliassos:portfolio, - author = {Bertaut, Carol C. and Haliassos, Michael}, - title = {Precautionary portfolio behavior from a life-cycle - perspective}, - journal = {Journal of Economic Dynamics And Control}, - year = 1997, - volume = 21, - pages = {1511--1542}, - number = {8-9} -} - -@INCOLLECTION{bertola&caballero:kinks, - author = {Bertola, Guiseppe and Caballero, Ricardo J.}, - title = {Kinked Adjustment Costs and Aggregate Dynamics}, - booktitle = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 1990, - editor = {Blanchard, Olivier J. and Fischer, Stanley}, - pages = {237--288}, - address = {Cambridge, MA} -} - -@ARTICLE{bertola&caballero:irreversible, - author = {Bertola, Guiseppe and Caballero, Ricardo J.}, - title = {Irreversibility and Aggregate Investment}, - journal = {Review of Economic Studies}, - year = 1994, - volume = 61, - pages = {223--246}, - number = 2 -} - -@ARTICLE{bgp:durables, - author = {Bertola, Giuseppe and Guiso, Luigi and Pistaferri, - Luigi}, - title = {Uncertainty and Consumer Durables Adjustment}, - journal = {Review of Economic Studies}, - year = 2005, - volume = 72, - pages = {973--1007}, - number = 4, - bdsk-url-1 = - {http://www.blackwell-synergy.com/doi/abs/10.1111/%200034-6527.00358}, - bdsk-url-2 = {http://dx.doi.org/10.1111/0034-6527.00358}, - doi = {doi: 10.1111/0034-6527.00358}, - url = {http://www.blackwell-synergy.com/doi/abs/10.1111/ - 0034-6527.00358} -} - -@ARTICLE{bmTrickleDown, - author = {Bertrand, Marianne and Adair Morse}, - title = {Trickle Down Consumption}, - journal = {Manuscript, Chicago Booth School of Business}, - year = 2012, - file = - {/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/bmTrickleDown.pdf:/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/bmTrickleDown.pdf:PDF} -} - -@INCOLLECTION{besley:kink, - author = {Besley, Timothy}, - title = {Savings, Credit, and Insurance}, - booktitle = {Handbook of Development Economics, Volume III}, - publisher = {Elsevier}, - year = 1995, - editor = {Behrman, Jere and Srinivasan, T.N.}, - chapter = 36, - pages = {2123--2207} -} - -@TECHREPORT{bic06, - author = {Alena {Bi{\v}c{{\'}a}kov{{\'}a}}}, - title = {Market vs. Institutions: The Trade-off Between - Unemployment and Wage Inequality Revisited}, - institution = {European University Institute}, - year = 2006, - type = {Economics Working Papers}, - number = 31 -} - -@TECHREPORT{bss06, - author = {Alena {Bi{\v} c{{\'}a}kov{{\'}a}} and Jiri {Sla{\v} - c{{\'}a}lek} and Michal {Slav{\'}\i k}}, - title = {Fiscal Implications of Personal Tax Adjustments in - the {C}zech {R}epublic}, - institution = {Czech National Bank}, - year = 2006, - type = {working paper}, - number = 7 -} - -@ARTICLE{bhw:sociallearning, - author = {Bikhchandani, Sushil, David Hirshleifer and Welch, - Ivo}, - title = {Learning from the Behavior of Others: Conformity, - Fads, and Informational Cascades}, - journal = {Journal of Economic Perspectives}, - year = 1998, - volume = 12, - number = 3 -} - -@BOOK{billingsley:probability, - title = {Probability and Measure}, - publisher = {John Wiley and Sons}, - year = 1995, - author = {Billingsley, Patrick}, - edition = {3rd} -} - -@BOOK{billingsley:convergence, - title = {Convergence of Probability Measures}, - publisher = {John Wiley and Sons}, - year = 1968, - author = {Billingsley, Patrick} -} - -@ARTICLE{binmore&samuelson:muddling, - author = {Binmore, Ken and Samuelson, Larry}, - title = {Muddling Through: Noisy Equilibrium Selection}, - journal = {Journal of Economic Theory}, - year = 1997, - volume = 74, - pages = {235--65} -} - -@ARTICLE{bizer&judd:tax, - author = {{Bizer, David S.} and {Kenneth L. Judd}}, - title = {Taxation and Uncertainty}, - journal = {American Economic Review}, - year = 1989, - volume = 79, - pages = {331--336}, - number = 2 -} - -@INCOLLECTION{blairPCEweightedCPI, - author = {Blair, Caitlin}, - title = {Constructing a PCE-Weighted Consumer Price Index}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2013, - editor = {Carroll, Christopher D. and Thomas Crossley and John - Sabelhaus} -} - -@BOOK{blanchard&fischer:text, - title = {Lectures on Macroeconomics}, - publisher = {MIT Press}, - year = 1989, - author = {Blanchard, Olivier and Fischer, Stanley} -} - -@TECHREPORT{bg05, - author = {Olivier Blanchard and Jordi Gali}, - title = {Real Wage Rigidities and the New Keynesian Model}, - institution = {MIT}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{blanchard:cweak, - author = {Blanchard, Olivier J.}, - title = {What Caused the Last Recession? Consumption and the - Recession of 1990-1991}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {270--274}, - number = 2 -} - -@ARTICLE{blanchard:burstingbubbles, - author = {Blanchard, Olivier J.}, - title = {Speculative Bubbles, Crashes, and Rational - Expectations}, - journal = {Economics Letters}, - year = 1989, - volume = 3, - pages = {387--389}, - note = - {\url{http://ideas.repec.org/a/eee/ecolet/v3y1979i4p387-389.html}}, - bdsk-url-1 = - {http://ideas.repec.org/a/eee/ecolet/v3y1979i4p387-389.html}, - url = - {http://ideas.repec.org/a/eee/ecolet/v3y1979i4p387-389.html} -} - -@ARTICLE{blanchardOutput, - author = {Blanchard, Olivier J.}, - title = {Output, the Stock Market, and Interest Rates}, - journal = {The American Economic Review}, - year = 1981, - volume = 71, - pages = {pp.132--143}, - number = 1, - bdsk-url-1 = {http://www.jstor.org/stable/1805045}, - copyright = {Copyright {\copyright} 1981 American Economic - Association}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={Mar., 1981}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/1805045} -} - -@ARTICLE{blanchflower&oswald:wellbeing, - author = {Blanchflower, David and Oswald, Andrew J.}, - title = {Well Being Over Time in Britain and the USA}, - journal = {Journal of Public Economics}, - year = 2004, - volume = 88, - pages = {1359--1386} -} - -@ARTICLE{blaukahn07, - author = {Francine D. Blau and Lawrence M. Kahn}, - title = {Changes in the Labor Supply Behavior of Married - Women: 1980--2000}, - journal = {Journal of Labor Economics}, - year = 2007, - pages = {393--438}, - number = 3, - vollume = 25 -} - -@TECHREPORT{blaukahn05, - author = {Francine D. Blau and Lawrence M. Kahn}, - title = {Changes in the Labor Supply Behavior of Married - Women: 1980--2000}, - institution = {National Bureau of Economic Research, Inc}, - year = 2005, - type = {NBER Working Papers}, - number = 11230, - month = Mar -} - -@BOOK{blinder:centbank, - title = {Central Banking in Theory and Practice}, - publisher = {MIT Press}, - year = 1998, - author = {Blinder, Alan S.}, - address = {Cambridge, MA} -} - -@ARTICLE{orphanides:terrorismjme, - author = {Blomberg, S. Brock and Hess, Gregory D. and - Orphanides, Athanasios}, - title = {The Macroeconomic Consequences of Terrorism}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - pages = {1007--1032}, - number = 5 -} - -@TECHREPORT{blzInvestment, - author = {Blomstr\"{o}m, M. and Lipsey, R.E. and Zejan, M.}, - title = {Is Fixed Investment the Key to Economic Growth?}, - year = 1996, - number = 1, - file = {elNotFactor.pdf:elNotFactor.pdf:PDF}, - journal = {The Quarterly Journal of Economics}, - pages = {269--276}, - publisher = {JSTOR}, - volume = 111 -} - -@article {bloomUncertainty, - author = {Bloom, Nicholas}, - title = {The Impact of Uncertainty Shocks}, - journal = {Econometrica}, - volume = 77, - number = 3, - publisher = {Blackwell Publishing Ltd}, - issn = {1468-0262}, - url = {http://dx.doi.org/10.3982/ECTA6248}, - doi = {10.3982/ECTA6248}, - pages = {623--685}, - keywords = {Adjustment costs, uncertainty, real options, labor - and investment}, - year = 2009, -} - -@ARTICLE{bloom&gunderson:canadian, - author = {Bloom, David and Gunderson, Morley}, - title = {An Analysis of the Earnings of Candian Immigrants}, - journal = {Manuscript, Columbia University}, - year = 1989 -} - -@ARTICLE{bloom2007uncertainty, - author = {Bloom, Nicholas and Bond, Stephen and Van Reenen, - John}, - title = {Uncertainty and investment dynamics}, - journal = {Review of Economic Studies}, - year = 2007, - volume = 74, - pages = {391--415}, - number = 2, - publisher = {Wiley Online Library} -} - -@INCOLLECTION{bllDemandSystem, - author = {Blow, Laura and Lechene, Valerie and Levell, Peter}, - title = {Using the CE to Model Household Demand}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2012 -} - -@TECHREPORT{blundellEtAl_LaborDynNorway, - author = {Richard Blundell and Michael Graber and Magne - Mogstad}, - title = {Labor Income Dynamics and the Insurance from Taxes, - Transfers, and the Family}, - institution = {University College London}, - year = 2013, - type = {mimeo} -} - -@ARTICLE{Blundell:2013tm, - author = {Blundell, Richard and Low, Hamish and Preston, Ian}, - title = {{Decomposing changes in income risk using - consumption data}}, - journal = {Quantitative Economics}, - year = 2013, - volume = 4, - pages = {1--37}, - number = 1, - date-added = {2013-04-07T23:20:30GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{Quantitative_Economics_2013_Blundell.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2013/Blundell/Quantitative_Economics_2013_Blundell.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2013/Blundell/Quantitative_Economics_2013_Blundell.pdf}, - rating = 0, - read = {Yes}, - uri = - {\url{papers2://publication/uuid/FC751DEE-B1A6-4446-988D-F7480C959163}}, - url = - {http://onlinelibrary.wiley.com/doi/10.3982/QE44/abstract} -} - -@INCOLLECTION{blundmac99, - author = {Blundell, Richard and MaCurdy, Thomas}, - title = {Labor supply: A review of alternative approaches}, - booktitle = {Handbook of Labor Economics}, - publisher = {Elsevier}, - year = 1999, - editor = {O. Ashenfelter and D. Card}, - volume = 3, - series = {Handbook of Labor Economics}, - chapter = 27, - pages = {1559--1695} -} - -@ARTICLE{blundell, - author = {Blundell, Richard and Pistaferri, Luigi and Preston, - Ian}, - title = {Consumption Inequality and Partial Insurance}, - journal = {Manuscript}, - year = 2008 -} - -@Article{chiuriJappelli_Homeownership, - author = {Chiuri, Maria Concetta and Jappelli, Tullio}, - title = {Financial Market Imperfections and Home Ownership: A - Comparative Study}, - journal = {European Economic Review}, - year = 2003, - volume = 47, - number = 5, - pages = {857--875}, - month = {October}, -} - - -@Article{bps:familyLaborS, - author={Richard Blundell and Luigi Pistaferri and Itay Saporta-Eksten}, - title={Consumption Inequality and Family Labor Supply}, - journal={American Economic Review}, - year=2016, - volume={106}, - number={2}, - pages={387--435}, - month={February}, - keywords={}, - doi={}, - abstract={We examine the link between wage and consumption inequality using a life-cycle model incorporating consumption and family labor supply decisions. We derive analytical expressions for the dynamics of consumption, hours, and earnings of two earners in the presence of correlated wage shocks, nonseparability, progressive taxation, and asset accumulation. The model is estimated using panel data for hours, earnings, assets, and consumption. We focus on family labor supply as an insurance mechanism and find strong evidence of smoothing of permanent wage shocks. Once family labor supply, assets, and taxes are properly accounted for there is little evidence of additional insurance. (JEL D12, D14, D91, J22, J31)}, - url={https://ideas.repec.org/a/aea/aecrev/v106y2016i2p387-435.html} -} - -@TECHREPORT{bps:familyLaborS_NBERWP, - author = {Richard Blundell and Luigi Pistaferri and Itay - Saporta-Eksten}, - title = {Consumption Inequality and Family Labor Supply}, - institution = {National Bureau of Economic Research, Inc}, - year = 2012, - type = {NBER Working Papers}, - number = 18445, - month = Oct, - abstract = {In this paper we examine the link between wage - inequality and consumption inequality using a life - cycle model that incorporates household consumption - and family labor supply decisions. We derive - analytical expressions based on approximations for - the dynamics of consumption, hours, and earnings of - two earners in the presence of correlated wage - shocks, non-separability and asset accumulation - decisions. We show how the model can be estimated - and identified using panel data for hours, earnings, - assets and consumption. We focus on the importance - of family labour supply as an insurance mechanism to - wage shocks and find strong evidence of smoothing of - males and females permanent shocks to wages. Once - family labor supply, assets and taxes are properly - accounted for their is little evidence of additional - insurance.}, - url = {http://ideas.repec.org/p/nbr/nberwo/18445.html} -} - -@ARTICLE{bpQJE, - author = {Blundell, Richard W. and Preston, Ian}, - title = {Consumption Inequality and Income Uncertainty}, - journal = {Quarterly Journal of Economics}, - year = 1998, - volume = 113, - pages = {603--640} -} - -@TECHREPORT{stressTest, - author = {{Board of Governors of the Federal Reserve System}}, - title = {The Supervisory Capital Assessment Program: Design - and Implementation}, - year = 2009, - type = {white paper}, - note = {Available at \url{ - http://www.federalreserve.gov/newsevents/press/bcreg/20090424a.htm}} -} - -@ARTICLE{bodkin:mpc, - author = {Bodkin, Ronald}, - title = {Windfall Income and Consumption}, - journal = {American Economic Review}, - year = 1959, - volume = 49, - pages = {602--614}, - number = 4, - month = {September} -} - -@ARTICLE{bcfHabits, - author = {Michele Boldrin and Lawrence J. Christiano and Jonas - D. Fisher}, - title = {Habit Persistence, Asset Returns and the Business - Cycle}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - pages = {149--66}, - number = 1 -} - -@ARTICLE{bdWontTell, - author = {Bollinger, C.R. and David, M.H.}, - title = {I Didn't Tell, And I Won't Tell: Dynamic Response - Error in the SIPP}, - journal = {Journal of Applied Econometrics}, - year = 2005, - volume = 20, - pages = {563--569}, - number = 4, - publisher = {Wiley Online Library} -} - -@ARTICLE{be05, - author = {Holger Bonin and Rob Euwals}, - title = {Participation Behavior of the {E}ast {G}erman Women - after {G}erman Unification}, - journal = {Applied Economics Quarterly}, - year = 2005, - volume = 51, - number = 4 -} - -@TECHREPORT{be02, - author = {Holger Bonin and Rob Euwals}, - title = {Participation Behavior of the {E}ast {G}erman Women - after {G}erman Unification}, - institution = {William Davidson Institute}, - year = 2002, - type = {working paper}, - number = 477 -} - -@ARTICLE{bgr:stockmarket, - author = {Boone, Laurence and Giorno, Claude and Richardson, - Pete}, - title = {Stock Market Fluctuations and Consumption Behavior: - Some Recent Evidence}, - journal = {OECD Economics Department Working Paper 208}, - year = 1998 -} - -@ARTICLE{booth:taxrevs, - author = {Booth, Mark}, - title = {Projecting Federal Tax Revenues and the Effect of - Changes in Tax Law}, - journal = {Congressional Budget Office}, - year = 1998 -} - -@INPROCEEDINGS{bor96, - author = {Claudio E. V. Borio}, - title = {Credit Characteristics and the Monetary Policy - Transmission in Fourteen Industrial Countries: - Facts, Conjectures and Some Econometric Evidence}, - booktitle = {Monetary Policy in a Converging Europe}, - year = 1996, - editor = {Alders and Koos}, - pages = {77--115}, - publisher = {MIT Press} -} - -@ARTICLE{boskinInterestElasticity, - author = {Boskin, Michael J.}, - title = {Taxation, Saving, and the Rate of Interest}, - journal = {The Journal of Political Economy}, - year = 1978, - pages = {3--27}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/boskinInterestElasticity.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/boskinInterestElasticity.pdf:PDF}, - publisher = {JSTOR} -} - -@ARTICLE{BosticEtAl:2009, - author = {Bostic, Raphael and Gabriel, Stuart and Painter, - Gary}, - title = {Housing Wealth, Financial Wealth, and Consumption: - New Evidence from Micro Data}, - journal = {Regional Science and Urban Economics}, - year = 2009, - volume = 39, - pages = {79--89} -} - -@BOOK{bosworth:global, - title = {Saving and Investment in a Global Economy}, - publisher = {The Brookings Institution}, - year = 1993, - author = {Bosworth, Barry}, - address = {Washington, DC} -} - -@ARTICLE{bbsMicro, - author = {Bosworth, Barry and Burtless, Gary and Sabelhaus, - John}, - title = {The Decline in Saving: Some Microeconomic Evidence}, - journal = {Brookings Papers on Economic Activity}, - year = 1991, - volume = 22, - pages = {183--256}, - number = {1991-1}, - bdsk-url-1 = - {http://ideas.repec.org/a/bin/bpeajo/v22y1991i1991-1p183-256.html}, - url = - {http://ideas.repec.org/a/bin/bpeajo/v22y1991i1991-1p183-256.html} -} - -@ARTICLE{blGenes, - author = {Bouchard, Thomas J. and Loehlin, John C.}, - title = {Genes, Evolution, and Personality}, - journal = {Behavior Genetics}, - year = 2001, - volume = 31, - pages = {243--273}, - number = 3, - note = - {\url{http://www.springerlink.com/content/qt0138g23w8720j1/fulltext.pdf}}, - abstract = {There is abundant evidence, some of it reviewed in - this paper, that personality traits are - substantially influenced by the genes. Much remains - to be understood about how and why this is the - case. We argue that placing the behavior genetics of - personality in the context of epidemiology, - evolutionary psychology, and neighboring - psychological domains such as interests and - attitudes should help lead to new insights. We - suggest that important methodological advances, such - as measuring traits from multiple viewpoints, using - large samples, and analyzing data by modern - multivariate techniques, have already led to major - changes in our view of such perennial puzzles as the - role of “unshared environment” in personality. In - the long run, but not yet, approaches via molecular - genetics and brain physiology may also make decisive - contributions to understanding the heritability of - personality traits. We conclude that the behavior - genetics of personality is alive and flourishing but - that there remains ample scope for new growth and - that much social science research is seriously - compromised if it does not incorporate genetic - variation in its explanatory models.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/blGenes.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/blGenes.pdf:PDF}, - publisher = {Springer}, - url = - {http://www.springerlink.com/content/qt0138g23w8720j1/fulltext.pdf} -} - -@TECHREPORT{bound89, - author = {John Bound and Charles Brown and Greg J. Duncan and - Willard L Rodgers}, - title = {Measurement Error In Cross-Sectional and - Longitudinal Labor Market Surveys: Results From Two - Validation Studies}, - institution = {National Bureau of Economic Research, Inc}, - year = 1989, - type = {NBER Working Papers}, - number = 2884 -} - -@ARTICLE{bound&jaeger&baker:disease, - author = {Bound, John and Jaeger, David A. and Baker, Regina}, - title = {The Cure Can Be Worse Than The Disease: A Cautionary - Tale Regarding Instrumental Variables}, - journal = {NBER Technical Working Paper No. 137}, - year = 1993 -} - -@ARTICLE{bound&krueger:measerr, - author = {Bound, John and Krueger, Alan B.}, - title = {The Extent of Measurement Error in Longitudinal - Earnings Data: Do Two Wrongs Make A Right?}, - journal = {Journal of Labor Economics}, - year = 1991, - volume = 9, - number = 1 -} - -@TECHREPORT{rockinst, - author = {Boyd, Donald J. and Dadayan, Lucy}, - title = {Sales Tax Decline in Late 2008 Was the Worst in 50 - Years}, - institution = {The Nelson A. Rockefeller Institute of Government}, - year = 2009, - type = {State Revenue Report}, - number = 75, - note = {Available at \url{ - http://www.rockinst.org/pdf/government_finance/state_revenue_report/2009-04-14-(75)-state_revenue_report_sales_tax_decline.pdf - }} -} - -@ARTICLE{boyd:weighted, - author = {Boyd, John H.}, - title = {A Weighted Contraction Mapping Theorem}, - journal = {Journal of Economic Theory}, - year = 1990, - volume = 6, - pages = {343--362} -} - -@ARTICLE{bcd:refinancing, - author = {Brady, Peter J. and Canner, Glenn and Maki, Dean}, - title = {The Effects of Recent Mortgage Refinancing}, - journal = {Federal Reserve Bulletin}, - year = 2000 -} - -@ARTICLE{bl98, - author = {Jason Bram and Sydney Ludvigson}, - title = {Does Consumer Confidence Forecast Household - Expenditure? A Sentiment Index Horse Race}, - journal = {FRBNY Economic Policy Review}, - year = 1998, - volume = 4, - pages = {59--77}, - number = 2 -} - -@ARTICLE{bra04, - author = {William A. Branch}, - title = {The Theory of Rationally Heterogeneous Expectations: - Evidence from Survey Data on Inflation Expectations}, - journal = {Economic Journal}, - year = 2004, - volume = 114, - pages = {592--621}, - number = 497 -} - -@ARTICLE{branchQJE:hetero, - author = {Branch, William A.}, - title = {The Theory of Rationally Heterogeneous Expectations: - Evidence from Survey Data on Inflation Expectations}, - journal = {Manuscript, Department of Economics, College of - William and Mary}, - year = 2001 -} - -@ARTICLE{bcf93, - author = {Braun, Philip A. and Constantinides, George M. and - Ferson, Wayne E.}, - title = {Time Nonseparability in Aggregate Consumption: - International Evidence}, - journal = {European Economic Review}, - year = 1993, - volume = 37, - pages = {897--920} -} - -@ARTICLE{Braun, - author = {Braun, Richard Anton and Li, Huiyu and Stachurski, - John}, - title = {Computing Densities and Expectations in Stochastic - Recursive Economies: Generalized Look-Ahead - Techniques}, - journal = {Manuscript}, - year = 2009 -} - -@MISC{BravConstantinidesGeczy:1999, - author = {Brav, Alon and Constantinides, George M. and Geczy, - Christopher C.}, - title = {Asset Pricing with Heterogeneous Consumers and - Limited Participation: Empirical Evidence}, - howpublished = {Rodney L. White Center for Financial Research - working paper}, - month = {October}, - year = 1999 -} - -@TECHREPORT{bt96, - author = {Flint Brayton and Peter Tinsley}, - title = {A Guide to FRB/US: A Macroeconomic Model of the - United States}, - institution = {Federal Reserve Board}, - year = 1996, - type = {FEDS working paper}, - number = 42 -} - -@ARTICLE{brockmirman:growth, - author = {Brock, William and Mirman, Leonard}, - title = {Optimal Economic Growth and Uncertainty: The - Discounted Case}, - journal = {Journal of Economic Theory}, - year = 1972, - volume = 4, - pages = {479--513}, - number = 3, - month = {June} -} - -@TECHREPORT{bhHousingDepression, - author = {Michael Brocker and Christopher Hanes}, - title = {The 1920s American Real Estate Boom and the Downturn - of the Great Depression: Evidence from City Cross - Sections}, - institution = {National Bureau of Economic Research}, - year = 2013, - type = {Working Paper}, - number = 18852, - month = {February}, - abstract = {In the 1929-1933 downturn of the Great Depression, - house values and homeownership rates fell more, and - mortgage foreclosure rates were higher, in cities - that had experienced relatively high rates of house - construction in the residential real-estate boom of - the mid-1920s. Across the 1920s, boom cities had - seen the biggest increases in house values and - homeownership rates. These patterns suggest that the - mid-1920s boom contributed to the depth of the Great - Depression through wealth and financial effects of - falling house values. Also, they are very similar to - cross-sectional patterns across metro areas around - 2006.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bhHousingDepression.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bhHousingDepression.pdf:PDF}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18852} -} - -@article{brodaParker:stimulus2008, - author = {Broda, Christian and Parker, Jonathan A.}, - journal = {Journal of Monetary Economics}, - number = {S}, - pages = {20--36}, - title = {The Economic Stimulus Payments of 2008 and the - Aggregate Demand for Consumption}, - volume = {68}, - year = {2014}, -} - -@article{bpStim, - author = {Christian Broda and Jonathan A. Parker}, - title = {The Economic Stimulus Payments of 2008 and the - Aggregate Demand for Consumption}, - journal = {Journal of Monetary Economics}, - year = {2014}, - volume = {68}, - pages = {S20--S36}, -} - -@UNPUBLISHED{br2009, - author = {Christian Broda and John Romalis}, - title = {The Welfare Implications of Rising Price Dispersion}, - note = {Manuscript, University of Chicago}, - month = {July}, - year = {2009} -} - -@ARTICLE{brown&light:tenure, - author = {Brown, James N. and Light, Audrey}, - title = {Interpreting Panel Data on Job Tenure}, - journal = {Journal of Labor Economics}, - year = 1992, - volume = 10, - pages = {219--257}, - number = 3 -} - -@TECHREPORT{BrownEtAl:2010, - author = {Brown, Meta and Haughwout, Andrew and Lee, Donghoon - and van der Klaau, Wilbert}, - title = {The Financial Crisis at the Kitchen Table: Trends in - Household Debt and Credi}, - institution = {Federal Reserve Bank of New York}, - year = 2010, - type = {Staff Reports}, - number = 480, - month = {December} -} - -@ARTICLE{browning&crossley:lifecycle, - author = {Browning, Martin and Crossley, Thomas F.}, - title = {The Life-Cycle Model of Consumption and Savings}, - journal = {Journal of Economic Perspectives}, - year = 2001, - volume = 15, - pages = {3--22}, - number = 3 -} - -@ARTICLE{blImputing, - author = {Browning, Martin and Leth-Petersen, Søren}, - title = {Imputing Consumption from Income and Wealth - Information}, - journal = {The Economic Journal}, - year = 2003, - volume = 113, - pages = {pp. F282-F301}, - number = 488, - abstract = {We investigate the feasibility of deriving a measure - of total expenditure at the household level from - administrative micro-data on income and wealth. We - use Danish administrative data that provides - measures of disposable income and the holding of - different assets at the end of the year. The ability - to link the households in the 1994-6 Danish - Expenditure Survey to their administrative data for - the years around the survey year offers a unique - possibility for constructing a measure of total - expenditure and of checking directly on the - reliability of the imputation. The results are - promising.}, - copyright = {Copyright © 2003 Royal Economic Society}, - issn = 00130133, - jstor_articletype ={research-article}, - jstor_formatteddate ={Jun., 2003}, - jstor_issuetitle ={Features}, - language = {English}, - publisher = {Wiley on behalf of the Royal Economic Society}, - url = {http://www.jstor.org/stable/3590202} -} - -@INCOLLECTION{bhh:micromacro, - author = {Browning, Martin J. and Hansen, Lars P. and Heckman, - James J.}, - title = {Micro Data and General Equilibrium Models}, - booktitle = {Handbook of Macroeconomics}, - publisher = {North Holland}, - year = 1999, - editor = {Taylor, John and Woodford, Michael} -} - -@ARTICLE{browning&lusardi:jel, - author = {Browning, Martin J. and Lusardi, Annamaria}, - title = {Household Saving: Micro Theories and Micro Facts}, - journal = {Journal of Economic Literature}, - year = 1996, - volume = 34, - pages = {1797--855}, - number = 4 -} - -@ARTICLE{browning&burbridge:captax, - author = {{Browning, Martin} and {J. Burbridge}}, - title = {Consumption and Income Taxation}, - journal = {Oxford Economic Papers}, - year = 1990, - volume = 42, - pages = {281--292}, - number = 1 -} - -@INCOLLECTION{brownlee:historical, - author = {Brownlee, W. Elliot}, - title = {Historical Perspectives on U.S. Tax Policy Toward - the Rich}, - booktitle = {Does Atlas Shrug? The Economic Consequences of - Taxing the Rich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.} -} - -@ARTICLE{bryan&gavin:inflsurv, - author = {Bryan, Michael F. and Gavin, William T.}, - title = {Models of Inflation Expectations Formation: A - Comparison of Household and Economist Forecasts}, - journal = {Journal of Money, Credit, and Banking}, - year = 1986, - volume = 18, - pages = {539--43}, - month = {November} -} - -@ARTICLE{bg97, - author = {Robert M. Buckley and Eugene N. Gurenko}, - title = {Housing and Income Distribution in Russia: Zhivago's - Legacy}, - journal = {The World Bank Research Observer}, - year = 1997, - volume = 12, - pages = {19--32}, - number = 1 -} - -@MISC{bull:opttax, - author = {Bull, Nicholas}, - title = {When All the Optimal Dynamic Taxes are Zero}, - howpublished = {Board of Governors of the Federal Reserve System - Economic Activity Section Working Paper Series - \#137}, - year = 1993 -} - -@PHDTHESIS{bull:thesis, - author = {Bull, Nicholas}, - title = {Optimal Taxation in an Endogenous Growth Model with - Human Capital}, - school = {University of Minnesota}, - year = 1992 -} - -@BOOK{BLS2009, - title = {2008 Consumer Expenditure Interview Survey Public - Use Microdata User's Documentation}, - publisher = {Division of Consumer Expenditure Surveys, BLS, - U.S. Department of Labor}, - year = 2009, - author = {{Bureau~of~Labor~Statistics}}, - month = {October 15} -} - -@MISC{blsGemini, - author = {{Bureau{~}of{~}Labor{~}Statistics}}, - title = {Consumer Expenditure Survey (CE) Gemini Project}, - year = 2011, - bdsk-url-1 = {http://www.bls.gov/cex/geminiproject.htm}, - url = {http://www.bls.gov/cex/geminiproject.htm} -} - -@TECHREPORT{bea06, - author = {{Bureau of Economic Analysis}}, - title = {Updated Summary NIPA Methodologies}, - year = 2006, - type = {{Survey of Current Business, November}}, - note = {available at - {\url{http://www.bea.gov/scb/pdf/2006/11November/1106_nipa_method.pdf}}} -} - -@ARTICLE{byrne&davis:wealtheffects, - author = {Byrne, Joseph and Davis, Phillip}, - title = {Disaggregate Wealth and Aggregate Consumption: An - Investigation of Empirical Relationships for the G7}, - journal = {Manuscript, Brunel University}, - year = 2001 -} - -@ARTICLE{caballero&engel&haltiwanger:agginvdyn, - author = {Caballero, Ricardo and Engel, Eduardo and - Haltiwanger, John}, - title = {Plant-Level Adjustment and Aggregate Investment - Dynamics}, - journal = {Brookings Papers on Economic Activity, 1995:2}, - year = 1995, - pages = {1--39} -} - -@ARTICLE{caballero:slow, - author = {Caballero, Ricardo J.}, - title = {Durable Goods: An Explanation for Their Slow - Adjustment}, - journal = {Journal of Political Economy}, - year = 1993, - volume = 101, - pages = {351--384}, - number = 2 -} - -@ARTICLE{caballero:aer, - author = {Caballero, Ricardo J.}, - title = {Earnings Uncertainty and Aggregate Wealth - Accumulation}, - journal = {American Economic Review}, - year = 1991, - volume = 81, - pages = {859--871} -} - -@Article{caballero:jme, - Title = {Consumption Puzzles and Precautionary Savings}, - Author = {Caballero, Ricardo J.}, - Journal = {Journal of Monetary Economics}, - Year = 1990, - Note = - {\url{http://ideas.repec.org/p/clu/wpaper/1988_05.html}}, - Pages = {113-136}, - Volume = 25, - Owner = {Nic Johnson}, - Url = - {http://ideas.repec.org/a/eee/moneco/v25y1990i1p113-136.html} -} - -@ARTICLE{caballero&engel:dynamics, - author = {Caballero, Ricardo J. and Engel, Eduardo M. R. A.}, - title = {Explaining Investment Dynamics in - U.S. Manufacturing: A Generalized (S,s) Approach}, - journal = {NBER Working Paper No. 4887}, - year = 1994 -} - -@ARTICLE{cfg:globimbalances, - author = {Caballero, Ricardo J. and Farhi, Emmanuel and - Gourinchas, Pierre-Olivier}, - title = {An Equilibrium Model of {"}Global Imbalances{"} and - Low Interest Rates}, - journal = {American Economic Review}, - year = 2008, - volume = 98, - pages = {358--388}, - number = 1 -} - -@ARTICLE{cagettiInterestElasticity, - author = {Cagetti, Marco}, - title = {Interest Elasticity in a Life-Cycle Model with - Precautionary Savings}, - journal = {The American Economic Review}, - year = 2001, - volume = 91, - pages = {pp.418--421}, - number = 2, - copyright = {Copyright © 2001 American Economic Association}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={May, 2001}, - jstor_issuetitle ={Papers and Proceedings of the Hundred Thirteenth - Annual Meeting of the American Economic Association}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2677800} -} - -@ARTICLE{cjStableEfficient, - author = {Cai, Y. and Judd, Kenneth L.}, - title = {Stable and Efficient Computational Methods for - Dynamic Programming}, - journal = {Journal of the European Economic Association}, - year = 2010, - volume = 8, - pages = {626--634}, - number = {2-3}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cjStableEfficient.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/stableEfficient.pdf:PDF}, - publisher = {Wiley Online Library} -} - -@ARTICLE{calvoPrices, - author = {Calvo, Guillermo A.}, - title = {Staggered Contracts in a Utility-Maximizing - Framework}, - journal = {Journal of Monetary Economics}, - year = 1983, - volume = 12, - pages = {383--98}, - number = 3 -} - -@INCOLLECTION{camererMindful, - author = {Camerer, Colin}, - title = {The Case for Mindful Economics}, - booktitle = {The Foundations of Positive and Normative Economics: - A Handbook}, - publisher = {Oxford University Press, USA}, - year = 2010, - series = {The Handbooks in Economic Methodologies}, - note = - {\url{http://www2.e.u-tokyo.ac.jp/cemano/research/DRSS/documents/microCOE0806.pdf}}, - editors = {Caplin, A. and Schotter, A.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/camererMindful.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/camererMindful.pdf:PDF}, - isbn = 9780199744855, - lccn = 2009049206, - url = - {http://www2.e.u-tokyo.ac.jp/cemano/research/DRSS/documents/microCOE0806.pdf} -} - -@ARTICLE{chDebt, - author = {Campbell, Jeffrey R. and Hercowitz, Zvi}, - title = {Welfare Implications of the Transition to High - Household Debt}, - journal = {Journal of Monetary Economics}, - year = 2009, - volume = 56, - pages = {1--16}, - number = 1, - month = {January}, - url = - {http://ideas.repec.org/a/eee/moneco/v56y2009i1p1-16.html} -} - -@TECHREPORT{campbellMechanism, - author = {Campbell, John Y.}, - title = {Inspecting the Mechanism: An Analytical Approach to - the Stochastic Growth Model}, - institution = {National Bureau of Economic Research, Inc}, - year = 1992, - type = {NBER Working Papers}, - number = 4188, - month = Oct, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/4188.html}, - url = {http://ideas.repec.org/p/nbr/nberwo/4188.html} -} - - -@ARTICLE{campbellRainyDay, - author = {Campbell, John Y.}, - title = {Does Saving Anticipate Declining Labor Income? An - Alternative Test of the Permanent Income Hypothesis}, - journal = {Econometrica}, - year = 1987, - volume = 55, - pages = {1249--73}, - note = {\\ \url{http://www.jstor.org/stable/1913556}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/campbellRainyDay.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/campbellRainyDay.pdf:PDF}, - url = {http://www.jstor.org/stable/1913556} -} - -@ARTICLE{cc99, - author = {John Y. Campbell and John H. Cochrane}, - title = {By Force of Habit: A Consumption-Based Explanation - of Aggregate Stock Market Behavior}, - journal = {Journal of Political Economy}, - year = 1999, - volume = 107, - pages = {205--51}, - number = 2 -} - -@INCOLLECTION{Campbell/Makiw:1989, - author = {Campbell, John Y. and Mankiw, Gregory N.}, - title = {Consumption, Income and Interest Rates: - Reinterpreting the Time Series Evidence}, - booktitle = {NBER macroeconomics annual}, - publisher = {MIT Press}, - year = 1989, - editor = {Blanchard, Olivier Jean and Fischer, Stanley}, - pages = {185--216}, - address = {Cambridge, MA} -} - -@INPROCEEDINGS{cmRuleOfThumb, - author = {John Y. Campbell and N. Gregory Mankiw}, - title = {Consumption, Income and Interest Rates: - Reinterpreting the Time Series Evidence}, - booktitle = {NBER Macroeconomics Annual}, - year = 1989, - editor = {Olivier J. Blanchard and Stanley Fischer}, - address = {Cambridge, MA}, - publisher = {MIT Press} -} - -@InCollection{cmModel, - Title = {Consumption, Income, and Interest Rates: - Reinterpreting the Time-Series Evidence}, - Author = {Campbell, John Y. and Mankiw, N. Gregory}, - Booktitle = {NBER Macroeconomics Annual, 1989}, - Publisher = {MIT Press}, - Year = 1989, - Address = {Cambridge, MA}, - Editor = {Blanchard, Olivier J. and Fischer, Stanley}, - Note = {\url{http://www.nber.org/papers/w2924.pdf}}, - Pages = {185--216}, - Owner = {Nic Johnson}, - Url = {http://www.nber.org/papers/w2924.pdf} -} - -@ARTICLE{cmRuleOfThumbIntl, - author = {Campbell, John Y. and Mankiw, N. Gregory}, - title = {The Response of Consumption to Income: A - Cross-Country Investigation}, - journal = {European Economic Review}, - year = 1991, - volume = 35, - number = 4, - pages = {723--67} -} - -@ARTICLE{campbell&shiller:longrun, - author = {Campbell, John Y. and Shiller, Robert J.}, - title = {Valuation Ratios and the Long-Run Stock Market - Outlook}, - journal = {Journal of Portfolio Management}, - year = 1998, - volume = 24, - pages = {11--26} -} - -@BOOK{cvAppendix, - title = {Appendix to `Strategic Asset Allocation: Portfolio - Choice for Long-Term Investors'}, - publisher = {Oxford University Press, USA}, - year = 2002, - author = {Campbell, John Y. and Viceira, Luis M.}, - note = {Available on 2011/01/22 at - \href{http://kuznets.fas.harvard.edu/~campbell/papers/bookapp.pdf}{\texttt{h% - ttp://kuznets.fas.harvard.edu/$\sim$campbell/papers/bookapp.pdf}}}, - bdsk-url-1 = - {http://kuznets.fas.harvard.edu/~campbell/papers/%20bookapp.pdf}, - isbn = 0198296940, - url = {http://kuznets.fas.harvard.edu/~campbell/papers/ - bookapp.pdf} -} - -@ARTICLE{campbell&cochrane:force, - author = {{Campbell, John Y.} and Cochrane, John H.}, - title = {By Force of Habit: A Consumption-Based Explanation - of Aggregate Stock Market Behavior}, - journal = {Journal of Political Economy}, - year = 1999, - volume = 107, - pages = {205--251}, - number = 2, - month = {April} -} - -@ARTICLE{cdp:refinancing, - author = {Canner, Glenn and Dynan, Karen and Passmore, Wayne}, - title = {Mortgage Refinancing in 2001 and Early 2002}, - journal = {Federal Reserve Bulletin}, - year = 2002, - volume = 88, - pages = {469--481S} -} - -@ARTICLE{caplin:aggdemand, - author = {Capli, Andrew S.}, - title = {The Variability of Aggregate Demand With (S,s) - Inventory Policies}, - journal = {Econometrica}, - year = 1985, - volume = 53, - pages = {1395--1409}, - number = 6 -} - -@ARTICLE{caplin&leahy:socialdiscount, - author = {Caplin, Andrew and Leahy, John}, - title = {The Social Discount Rate}, - journal = {Manuscript, Boston University}, - year = 1999 -} - -@ARTICLE{caplin&leahy:durables, - author = {Caplin, Andrew and Leahy, John}, - title = {Durable Goods Cycles}, - journal = {Manuscript, Boston University}, - year = 1997 -} - -@INCOLLECTION{CardarelliEtAl:2008, - author = {Cardarelli, Roberto and Igan, Deniz and Rebucci, - Alessandro}, - title = {The Changing Housing Cycle and the Implications for - Monetary Policy}, - booktitle = {World Economic Outlook}, - publisher = {Washington: International Monetary Fund}, - year = 2008, - chapter = 3 -} - -@TECHREPORT{cir08, - author = {Roberto Cardarelli and Deniz Igan and Alessandro - Rebucci}, - title = {The Changing Housing Cycle and the Implications for - Monetary Policy}, - institution = {International Monetary Fund, April}, - year = 2008, - type = {{World Economic Outlook, 103--133}} -} - -@ARTICLE{cll05, - author = {Raquel Carrasco and Jos{\'}{e} M. Labeaga and - J. David L{\'}{o}pez-Salido}, - title = {Consumption and Habits: Evidence from Panel Data}, - journal = {Economic Journal}, - year = 2005, - volume = 115, - pages = {144--165}, - number = 500 -} - -@ARTICLE{cll:habits, - author = {Carrasco, Raquel and Labeaga, Jos\`{e} M. and - L\`opez-Salido, J. David}, - title = {Consumption and Habits: Evidence from Panel Data}, - journal = {Economic Journal}, - year = 2005, - volume = 115, - pages = {144--165}, - number = 500, - note = {available at \url{http://ideas.repec.org/a/ecj/econjl/v115y2005i500p144-165.html}} -} - -@ARTICLE{carrington:wagelosses, - author = {Carrington, William J.}, - title = {Wage Losses for Displaced Workers}, - journal = {Journal of Human Resources}, - year = 1993, - volume = {XXVIII}, - pages = {435--62}, - number = 3 -} - -@ARTICLE{socialBufferStock, - author = {Carroll, Christopher}, - title = {Social Learning and Buffer Stock Saving}, - journal = {Ongoing research project}, - year = 2008 -} - -@BOOK{ccsCE, - title = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = {Forthcoming (2014)}, - author = {Christopher Carroll and Thomas Crossley and John - Sabelhaus}, - institution = {National Bureau of Economic Research}, - type = {Book}, -} - -@INCOLLECTION{carroll:epidemicinflSFI, - author = {Carroll, Christopher D.}, - title = {The {E}pidemiology of {M}acroeconomic - {E}xpectations}, - booktitle = {The Economy as an Evolving Complex System, III}, - publisher = {Oxford University Press}, - year = 2006, - editor = {Blume, Larry and Durlauf, Steven}, - note = {\href{https://www.econ2.jhu.edu/people/ccarroll/epidemiologySFI.pdf}{[PDF]},\href{https://www.econ2.jhu.edu/people/ccarroll/Epidemiology.zip}{[Code]}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/epidemiologySFI.pdf} -} - -@INPROCEEDINGS{discussgw, - author = {Carroll, Christopher D.}, - title = {Discussion of `Macroeconomic Derivatives: An Initial - Analysis of Market-Based Macro Forecasts, - Uncertainty, and Risk' by Gurkaynak and Wolfers}, - booktitle = {NBER International Seminar on Macroeconomics}, - year = 2005, - editor = {Frankel, Jeffrey B.}, - publisher = {MIT Press}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/discuss/ISOM/gw/2005-06.zip}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/discuss/ISOM/gw/2005-06.zip}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/discuss/ISOM/gw/2005-06.zip} -} - -@INPROCEEDINGS{cdc:discussdk, - author = {Carroll, Christopher D.}, - title = {Discussion of `{T}he {R}ise in {U}.{S}.\ {H}ousehold - {I}ndebtedness: {C}auses and {C}onsequences'}, - booktitle = {Financial Stability and the Economic System - (Proceedings of a Conference at the Reserve Bank of - Australia, August 22, 2007)}, - year = 2007, - editor = {Kent, Christopher}, - note = - {\url{http://www.rba.gov.au/PublicationsAndResearch/Conferences/2007/Dynan_Kohn_disc.pdf}}, - bdsk-url-1 = - {http://www.rba.gov.au/PublicationsAndResearch/Conferences/2007/Dynan_Kohn_disc.pdf}, - url = - {http://www.rba.gov.au/PublicationsAndResearch/Conferences/2007/Dynan_Kohn_disc.pdf} -} - -@INPROCEEDINGS{msClunkersDiscuss, - author = {Carroll, Christopher D.}, - title = {Discussion of ``The Effects of Fiscal Stimulus: - Evidence from the 2009 `Cash for Clunkers' - Program''}, - booktitle = {Monetary Economics Meetings, Fall 2010}, - year = 2010, - editor = {Romer, David and Shapiro, Matthew}, - institution = {National Bureau of Economic Research}, - type = {Discussion} -} - -@ARTICLE{When-FHWC-Holds, - author = {Carroll, Christopher D.}, - year = {Ongoing}, - title = {Mathematica Notebook Illustrating Target Wealth In Cases Where FHWC-TBS Fails}, - journal = {./Code/Mathematica/Examples/ManipulateParameters/When-FHWC-Holds.nb}, - url = {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.zip}, - note = {Download \href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.zip}{archive} and open Mathematica notebook} -} - -@ARTICLE{CRRA-RateRisk, - author = {Carroll, Christopher D.}, - title = {The Merton-Samuelson Model}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/assetpricing/CRRA-RateRisk/}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/AssetPricing/CRRA-RateRisk/} -} - -@INPROGRESS{carroll:learning, - author = {Carroll, Christopher D.}, - title = {Learning About Intertemporal Choice}, - year = {ongoing}, - journal = {Work in Progress} -} - -@INPROGRESS{carroll:stickycons, - author = {Carroll, Christopher D.}, - title = {Sluggish Consumption and Sticky Expectations}, - year = {ongoing}, - journal = {Work in Progress} -} - -@article{RepresentingWithoutRA-0-CFS, - author={Carroll, Christopher D.}, - title={Representing Consumption and Saving Without a Representative Consumer}, - year=2014, - institution={Center for Financial Studies (CFS)}, - journal={CFS Working Paper Series}, - url={http://ideas.repec.org/p/zbw/cfswop/464.html}, - note={At \url{http://ideas.repec.org/p/zbw/cfswop/464.html}}, - volume={464}, - abstract={The Great Recession confirmed a bedrock principle of modern consumption theory: It is impossible to explain aggregate spending behavior without knowledge of the underlying microeconomic distribution of circumstances and choices across households. National accounting frameworks therefore need to be augmented by \"bottom up\" measures that both (a) capture the microeconomic heterogeneity (in expenditures, income, assets, debt, and beliefs) in the population and (b) sum up to statistics that have a recognizable relationship to the aggregate totals that are already reasonably well measured.}, - keywords={National Accounting; Inequality; Distribution}, -} - -@INCOLLECTION{RepresentingWithoutRA, - author = {Christopher D. Carroll}, - title = {Representing Consumption and Saving Without a - Representative Consumer}, - booktitle = {Measuring Economic Sustainability and Progress}, - publisher = {University of Chicago Press}, - year = 2014, - series = {NBER-CRIW Studies in Income and Wealth}, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/papers/RepresentingWithoutRA/}}, - editors = {Dale W.\ Jorgenson and J.\ Steven Landefeld and Paul - Schreyer}, - url = {http://ideas.repec.org/h/nbr/nberch/12824.html}, - abstract={The Great Recession confirmed a bedrock principle of modern consumption theory: It is impossible to explain aggregate spending behavior without knowledge of the underlying microeconomic distribution of circumstances and choices across households. National accounting frameworks therefore need to be augmented by \"bottom up\" measures that both (a) capture the microeconomic heterogeneity (in expenditures, income, assets, debt, and beliefs) in the population and (b) sum up to statistics that have a recognizable relationship to the aggregate totals that are already reasonably well measured.}, -} - -@MISC{MathFacts, - author = {Carroll, Christopher D.}, - title = {Math Facts Useful for Graduate Macroeconomics}, - howpublished = {Online Lecture Notes}, - year = {Current}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/mathfacts/}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/mathfacts/} -} - -@ARTICLE{carroll:nexus, - author = {Carroll, Christopher D.}, - title = {Habits, Precautionary Saving, and the Growth-Saving Nexus}, - journal = {Unpublished Manuscript, Johns Hopkins University}, - year = {{{2000} } - -@article{carroll:nexusinprogress -}} -} - -@ARTICLE{W-Hetero-Fed, - author = {Christopher D. Carroll}, - title = {Implications of Wealth Heterogeneity For - Macroeconomics}, - journal = {Johns Hopkins University Department of Economics - Working Paper Number 597}, - year = 2012, - month = {May}, - note = {Paper for Academic Consultants' Meeting, Board of - Governors of the Federal Reserve System, available - at - \url{https://www.econ2.jhu.edu/people/ccarroll/papers/W-Hetero-Fed.pdf}}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/papers/W-Hetero-Fed.pdf} -} - -@Article{carrollBSTheory, - Title = {Theoretical {F}oundations of {B}uffer {S}tock {S}aving}, - Author = {Carroll, Christopher}, - Journal = {Manuscript, Department of Economics, Johns Hopkins University}, - Year = 2016, - Note = {Available at \url{https://econ-ark.github.io/BufferStockTheory}}, - Url = {https://econ-ark.github.io/BufferStockTheory.pdf}, - status = {Under Revision} -} - -@article{BufferStockTheory, - author = {Christopher D. Carroll}, - journal = {Forthcoming, \emph{Quantitative Economics}}, - note = {Available at \url{https://econ-ark.github.io/BufferStockTheory}}, - title = {Theoretical Foundations of Buffer Stock Saving}, - year = {2020}, - url = {https://econ-ark.github.io/BufferStockTheory.pdf}, -} - -@ARTICLE{carroll:bstheoryNBERWP, - author = {Carroll, Christopher D.}, - title = {Theoretical {F}oundations of {B}uffer {S}tock - {S}aving}, - journal = {NBER Working Paper No.\ 10867}, - year = 2004, - month = {November} -} - -@ARTICLE{carroll:bstheorynourl, - author = {Carroll, Christopher D.}, - title = {Theoretical {F}oundations of {B}uffer {S}tock - {S}aving}, - journal = {Manuscript, Johns Hopkins University}, - year = 2004 -} - -@ARTICLE{carroll:bstheory, - author = {Carroll, Christopher D.}, - title = {Theoretical {F}oundations of {B}uffer {S}tock - {S}aving}, - journal = {NBER Working Paper No. 10867 (Status: Revise and - Resubmit, {\em Quantitative Economics}, 2014)}, - year = 2004, - month = {November}, - note = {Latest version available at - {\url{https://www.econ2.jhu.edu/people/ccarroll/BufferStockTheory.pdf}}} -} - -@ARTICLE{SolvingMicroDSOPs, - author = {Carroll, Christopher D.}, - title = {Solving Microeconomic Dynamic Stochastic - Optimization Problems}, - journal = {Archive, Johns Hopkins University}, - year = 2014, - url = - {https://www.econ2.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}} -} - -@ARTICLE{carroll:mpcperm, - author = {Carroll, Christopher D.}, - title = {Precautionary Saving and the Marginal Propensity to - Consume Out of Permanent Income}, - journal = {Journal of Monetary Economics}, - year = 2009, - volume = 56, - pages = {780--790}, - number = 6, - month = {September}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/MPCPerm}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/papers/MPCPerm.pdf}, - bdsk-url-2 = {http://dx.doi.org/10.1016/j.jmoneco.2009.06.016}, - doi = {http://dx.doi.org/10.1016/j.jmoneco.2009.06.016}, - publisher = {Elsevier}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/papers/MPCPerm.pdf} -} - -@TECHREPORT{carrollTractable, - author = {Carroll, Christopher D.}, - title = {Lecture Notes: A Tractable Model of Buffer Stock - Saving}, - institution = {Johns Hopkins University}, - year = 2016, - note = {At - {\url{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption}}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/TractableBufferStock.pdf} -} - -@ARTICLE{TractableBufferStock, - author = {Carroll, Christopher D.}, - title = {A Tractable Model of Buffer Stock Saving}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf}, - year = 2009, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/TractableBufferStock.pdf} -} - -@Article{carrollIrrational, - Title = {Recent Stock Declines: Panic or the Purge of - `Irrational Exuberance'?}, - Author = {Carroll, Christopher D.}, - Journal = {The Economists' Voice}, - Year = 2008, - Note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/opinion/CampbellShillerReduxFinal.pdf}}, - Volume = 5, - Doi = {10.2202/1553-3832.1462}, - Owner = {Nic Johnson}, - Url = - {https://www.econ2.jhu.edu/people/ccarroll/opinion/CampbellShillerReduxFinal.pdf} -} - -@INCOLLECTION{carroll:consumption, - author = {Carroll, Christopher D.}, - title = {Consumption}, - booktitle = {Encyclopedia Brittanica}, - year = 2007 -} - -@ARTICLE{CARAModelWithYRisk, - author = {Carroll, Christopher D.}, - title = {The CARA Model With Income Risk}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/CARAModelWithY% - Risk.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/CARAModelWithYRisk.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/CARAModelWithYRisk.pdf} -} - -@ARTICLE{ConsAndLaborSupply, - author = {Carroll, Christopher D.}, - title = {Consumption and Labor Supply}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/ConsAndLaborSu% - pply.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/ConsAndLaborSupply.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/ConsAndLaborSupply.pdf} -} - -@ARTICLE{Durables, - author = {Carroll, Christopher D.}, - title = {Spending on Durable and Nondurable Goods}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Durables.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Durables.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/Durables.pdf} -} - -@ARTICLE{Envelope, - author = {Carroll, Christopher D.}, - title = {The Envelope Theorem and the Euler Equation}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/envelope.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/envelope.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/envelope.pdf} -} - -@ARTICLE{GenAcctsAndGov, - author = {Carroll, Christopher D.}, - title = {Generational Accounts and the Government Budget - Constraint}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/GenAcctsAndGov% - .pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/GenAcctsAndGov.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/GenAcctsAndGov.pdf} -} - -@ARTICLE{Habits, - author = {Carroll, Christopher D.}, - title = {Consumption Models with Habit Formation}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Habits.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Habits.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/Habits.pdf} -} - -@ARTICLE{Laibson, - author = {Carroll, Christopher D.}, - title = {Time Inconsistency {\it a la} Laibson}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Laibson.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/Laibson.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/Laibson.pdf} -} - -@ARTICLE{OLGModel, - author = {Carroll, Christopher D.}, - title = {The Diamond Overlapping Generations Model}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/OLGModel.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/OLGModel.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/OLGModel.pdf} -} - -@ARTICLE{PerfForesightCRRA, - author = {Carroll, Christopher D.}, - title = {The Perfect Foresight CRRA Consumption Model}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/PerfForesightC% - RRA.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/PerfForesightCRRA.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/PerfForesightCRRA.pdf} -} - -@ARTICLE{RiskAndPSPremia, - author = {Carroll, Christopher D.}, - title = {Risk and Precautionary Premia}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/RiskAndPSPRemi% - a.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/RiskAndPSPRemia.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/RiskAndPSPRemia.pdf} -} - -@ARTICLE{SocSecAndKAccum, - author = {Carroll, Christopher D.}, - title = {Social Security and Capital Accumulation}, - journal = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/SocSecAndKAccu% - m.pdf}, - year = 2006, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/SocSecAndKAccum.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/SocSecAndKAccum.pdf} -} - -@ARTICLE{carrollEGMNBER, - author = {Carroll, Christopher D.}, - title = {The {M}ethod of {E}ndogenous {G}ridpoints for - {S}olving {D}ynamic {S}tochastic {O}ptimization - {P}roblems}, - journal = {National Bureau of Economic Research Technical - Working Paper No. 309}, - year = 2005, - month = {June}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/EndogenousGridpoints.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/EndogenousGridpoints.pdf} -} - -@TECHREPORT{car04, - author = {Christopher D. Carroll}, - title = {Housing Wealth and Consumption Expenditure}, - institution = {Johns Hopkins University}, - journal = {Paper for Presentation at Academic Consultants' Meeting at the Board of Governors of the Federal Reserve System}, - year = 2004, - type = {mimeo} -} - -@TECHREPORT{car04b, - author = {Carroll, Christopher D.}, - title = {Theoretical Foundations of Buffer Stock Saving}, - institution = {NBER}, - year = 2004, - type = {working paper}, - number = 10867 -} - -@ARTICLE{carroll:fedwealth, - author = {Carroll, Christopher D.}, - title = {Housing Wealth and Consumption Expenditure}, - journal = {Paper Prepared for Briefing of Board of Governors of - the Federal Reserve System}, - year = 2004, - month = {January}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/papers/FedHouseWealthv2.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/papers/FedHouseWealthv2.pdf} -} - -@ARTICLE{Carroll2004, - author = {Carroll, Christopher D.}, - title = {Housing Wealth and Consumption Expenditure}, - journal = {Paper Prepared for Academic Consultants Meeting of - Federal Reserve Board, January 2004}, - year = 2004, - note = {At - {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/FedHouseWealthv2.pdf}}}, - institution = {Johns Hopkins University} -} - -@ARTICLE{carroll:macroexpectjhu, - author = {Carroll, Christopher D.}, - title = {Macroeconomic {E}xpectations of {H}ouseholds and - {P}rofessional {F}orecasters}, - journal = {Johns Hopkins University Department of Economics - Working Papers Number 477}, - year = 2002, - month = {December} -} - -@INCOLLECTION{carroll:richportfolios, - author = {Carroll, Christopher D.}, - title = {Portfolios of the Rich}, - booktitle = {Household Portfolios: Theory and Evidence}, - publisher = {MIT Press}, - year = 2002, - address = {Cambridge, MA}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/richportfolios.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/richportfolios.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/richportfolios.pdf} -} - -@ARTICLE{carroll:atheorynberwp, - author = {Carroll, Christopher D.}, - title = {A Theory of the Consumption Function, With and - Without Liquidity Constraints (Expanded Version)}, - journal = {NBER Working Paper Number W8387}, - year = 2001, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3NBER.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3NBER.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3NBER.pdf} -} - -@ARTICLE{carroll:death, - author = {Carroll, Christopher D.}, - title = {Death to the {L}og-{L}inearized {C}onsumption - {E}uler {E}quation! ({A}nd {V}ery {P}oor {H}ealth - to the {S}econd-{O}rder Approximation)}, - journal = {Advances in Macroeconomics}, - year = 2001, - volume = 1, - pages = {Article 6}, - number = 1, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/death.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/death.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/death.pdf} -} - -@ARTICLE{carroll:deathbepress, - author = {Carroll, Christopher D.}, - title = {Death to the Log-Linearized Consumption Euler - Equation! (And Very Poor Health to the Second-Order - Approximation)}, - journal = {Advances in Macroeconomics}, - year = 2001, - volume = 1, - pages = {Article 6}, - number = 1, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/death.pdf}, - url = {\url{https://www.econ2.jhu.edu/people/ccarroll/death.pdf}} -} - -@ARTICLE{carroll:mpcpermNBER, - author = {Carroll, Christopher D.}, - title = {Precautionary Saving and the Marginal Propensity to - Consume Out of Permanent Income}, - journal = {NBER Working Paper Number W8233}, - year = 2001, - month = {April}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/MPCPermBigNBER.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/MPCPermBigNBER.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/MPCPermBigNBER.pdf} -} - -@INCOLLECTION{carroll:richportfoliosNBERWP, - author = {Carroll, Christopher D.}, - title = {{P}ortfolios of the {R}ich}, - booktitle = {NBER Working Paper No.\ 7826}, - year = 2001, - month = {August} -} - -@ARTICLE{carroll:RiskyHabits, - author = {Carroll, Christopher D.}, - title = {`{R}isky {H}abits' and the {M}arginal {P}ropsensity - to {C}onsume {O}ut of {P}ermanent {I}ncome}, - journal = {International Economic Journal}, - year = 2000, - volume = 14, - pages = {1--41}, - number = 4, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/riskyhabits.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/riskyhabits.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/riskyhabits.pdf} -} - -@ARTICLE{carroll:RiskyHabitsNBERWP, - author = {Carroll, Christopher D.}, - title = {`{R}isky {H}abits' and the {M}arginal {P}ropsensity - to {C}onsume {O}ut of {P}ermanent {I}ncome}, - journal = {NBER Working Paper No. 7839}, - year = 2000 -} - -@ARTICLE{carroll:solvinghabits, - author = {Carroll, Christopher D.}, - title = {Solving Consumption Models with Multiplicative - Habits}, - journal = {Economics Letters}, - year = 2000, - volume = 68, - pages = {67--77}, - number = 1, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/HabitsEconLett.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/HabitsEconLett.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/HabitsEconLett.pdf} -} - -@ARTICLE{carroll:habitstheoryshort, - author = {Carroll, Christopher D.}, - title = {Solving Models with Multiplicative Habits}, - journal = {Manuscript, Johns Hopkins University}, - year = 1999 -} - -@ARTICLE{carroll:riskyhabitsasia, - author = {Carroll, Christopher D.}, - title = {How `{R}isky {H}abits' {C}an {E}xplain a {L}ow - {M}arginal {P}ropensity to {C}onsume {D}uring - {R}ecessions}, - journal = {Invited Paper for Special Issue of International - Economic Journal}, - year = 1999 -} - -@MISC{carroll:macrosolve, - author = {Carroll, Christopher D.}, - title = {Sources and Methods for 'Unemployment Expectations, - Jumping (S,s) Triggers, and Household Balance - Sheets'}, - howpublished = {Web archive}, - year = 1998, - bdsk-url-1 = {http://nber.econ.jhu.edu:8080/People/ccarroll.html}, - url = {http://nber.econ.jhu.edu:8080/People/ccarroll.html} -} - -@ARTICLE{carroll:richsavenberwp, - author = {Carroll, Christopher D.}, - title = {{W}hy {D}o the {R}ich {S}ave {S}o {M}uch?}, - journal = {NBER Working Paper Number 6549}, - year = 1998, - month = {May} -} - -@ARTICLE{carroll:deathNBERWP, - author = {Carroll, Christopher D.}, - title = {{D}eath to the {L}og-{L}inearized {C}onsumption - {E}uler {E}quation! ({A}nd {V}ery {P}oor {H}ealth - to the {S}econd-{O}rder {A}pproximation)}, - journal = {NBER Working Paper No.\ 6298}, - year = 1997 -} - -@ARTICLE{carroll:bslcpihNBERWP, - author = {Carroll, Christopher D.}, - title = {Buffer-{S}tock {S}aving and the {L}ife - {C}ycle/{P}ermanent {I}ncome {H}ypothesis}, - journal = {NBER Working Paper No.\ 5788}, - year = 1996, - month = {October} -} - -@ARTICLE{carroll:howdoesfuture, - author = {Carroll, Christopher D.}, - title = {How Does Future Income Affect Current Consumption?}, - journal = {The Quarterly Journal of Economics}, - year = 1994, - volume = {CIX}, - pages = {111--148}, - number = 1, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/howdoesfuture.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/howdoesfuture.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/howdoesfuture.pdf} -} - -@ARTICLE{carroll:savingdecline, - author = {Carroll, Christopher D.}, - title = {The Decline in {U}.{S}.\ Saving}, - journal = {Forum for Applied Research and Public Policy}, - year = 1993, - volume = 8, - number = 4 -} - -@PHDTHESIS{carroll:phdthesis, - author = {Carroll, Christopher D.}, - title = {Three Essays on Consumption, Income, and Saving}, - school = {MIT}, - year = 1990 -} - -@ARTICLE{carroll&dunn:moredeath, - author = {Carroll, Christopher D. and Dunn, Wendy}, - title = {Euler Equation Estimation With Aggregated Time - Series Data}, - journal = {Work in Progress}, - year = 1999 -} - -@INCOLLECTION{cdSs, - author = {Carroll, Christopher D. and Dunn, Wendy E.}, - title = {Unemployment {E}xpectations, {J}umping ({S},s) - {T}riggers, and {H}ousehold {B}alance {S}heets}, - booktitle = {NBER Macroeconomics Annual, 1997}, - publisher = {MIT Press}, - year = 1997, - editor = {Bernanke, Benjamin S. and Rotemberg, Julio}, - pages = {165--229}, - address = {Cambridge, MA}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/macroann.pdf}; - Methodological Appendix: - \url{https://www.econ2.jhu.edu/people/ccarroll/methods3.pdf}; - Empirical Results and Simulation Programs: - \url{https://www.econ2.jhu.edu/people/ccarroll/cdfiles.html};}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/macroann.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/macroann.pdf} -} - -@ARTICLE{carroll&dunn:methods, - author = {Carroll, Christopher D. and Dunn, Wendy E.}, - title = {Data Sources and Solution Methods for Empirical and - Theoretical Results in 'Unemployment Expectations, - Jumping (S,s) Triggers, and Household Balance - Sheets'}, - journal = {http://econ.jhu.edu/People/CCarroll/carroll.html}, - year = 1998 -} - -@ARTICLE{cdSsNBERWP, - author = {Carroll, Christopher D. and Dunn, Wendy E.}, - title = {{U}nemployment {E}xpectations, {J}umping ({S},s) - {T}riggers, and {H}ousehold {B}alance {S}heets}, - journal = {NBER Working Paper No. 6081}, - year = 1997, - month = {July} -} - -@ARTICLE{cdk:balance, - author = {Carroll, Christopher D. and Dynan, Karen E. and - Krane, Spencer S.}, - title = {Unemployment {R}isk and {P}recautionary {W}ealth: - {E}vidence from {H}ouseholds' {B}alance {S}heets}, - journal = {Review of Economics and Statistics}, - year = 2003, - volume = 85, - number = 3, - month = {August}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf} -} - -@ARTICLE{cdk:balanceFEDS, - author = {Carroll, Christopher D. and Dynan, Karen E. and - Krane, Spencer S.}, - title = {Unemployment {R}isk and {P}recautionary {W}ealth: - {E}vidence from {H}ouseholds' {B}alance {S}heets}, - journal = {Finance and Economics Discussion Series Number - 1999-15, Federal Reserve Board}, - year = 1999, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/krynoll.pdf} -} - -@ARTICLE{carroll&fratantoni:habits, - author = {Carroll, Christopher D. and Fratantoni, Michael}, - title = {Implications of Habit Formation for Consumption and - Portfolio Choice}, - journal = {Work In Progress}, - year = 1999 -} - -@Article{cfwSentiment, - Title = {Does Consumer Sentiment Forecast Household Spending? - {I}f So, Why?}, - Author = {Carroll, Christopher D. and Fuhrer, Jeffrey C. and - Wilcox, David W.}, - Journal = {American Economic Review}, - Year = 1994, - Note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/SentAERCarrollFuhrerWilcox.pdf}}, - Number = 5, - Pages = {1397-1408}, - Volume = 84, - Owner = {Nic Johnson}, - Url = - {https://www.econ2.jhu.edu/people/ccarroll/SentAERCarrollFuhrerWilcox.pdf}, - score = 20, -} - -@ARTICLE{cj:bufferIntl, - author = {Carroll, Christopher D. and Jeanne, Olivier}, - title = {A Tractable Model of Precautionary Reserves, Net - Foreign Assets, or Soverign Wealth Funds}, - journal = {Work In Progress}, - year = {ongoing} -} - -@Article{CarrollKimballPSPW, - Title = {Precautionary Saving and Precautionary Wealth}, - Author = {Carroll, Christopher D. and Kimball, Miles S.}, - Journal = {Palgrave Dictionary of Economics and Finance, 2nd - Ed.}, - Year = 2007, - Note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/PalgravePrecautionary.pdf}}, - Owner = {Nic Johnson}, - Url = - {https://www.econ2.jhu.edu/people/ccarroll/PalgravePrecautionary.pdf} -} - -@ARTICLE{carroll&kimball:liquidity, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {Liquidity Constraints and Precautionary Saving}, - journal = {Manuscript, Johns Hopkins University}, - year = 2005, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/liquidRevised.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/papers/liquidRevised.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/papers/liquidRevised.pdf} -} - -@ARTICLE{carroll&kimball:liquidityHopkins, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {Liquidity Constraints and Precautionary Saving}, - journal = {Johns Hopkins University Working Paper Number 455}, - year = 2001, - month = {August}, - note = - {\url{http://econ.jhu.edu/pdf/papers/CarrollKimball2001.pdf}}, - bdsk-url-1 = - {http://econ.jhu.edu/pdf/papers/CarrollKimball2001.pdf}, - url = - {http://econ.jhu.edu/pdf/papers/CarrollKimball2001.pdf} -} - -@ARTICLE{carroll&kimball:liquidityNBERWP, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {Liquidity {C}onstraints and {P}recautionary - {S}aving}, - journal = {NBER Working Paper No. 8496}, - year = 2001 -} - -@INPROGRESS{carrollmaccini:entrepreneurs, - author = {Carroll, Christopher D. and Maccini, Louis J.}, - title = {Entrepreneurial Investment, Consumption Smoothing, and Dividends}, - year = {ongoing}, - journal = {Work in Progress}, - note = {With Louis J. Maccini} -} - -@ARTICLE{cosOzStickyC, - author = {Carroll, Christopher D. and Ossolinski, Crystal and - Slacalek, Jiri}, - title = {Sticky Consumption Growth and Housing Wealth - Effects: Evidence from Australia}, - journal = {Work In Progress}, - year = {ongoing} -} - -@TECHREPORT{co04, - author = {Christopher D. Carroll and Misuzu Otsuka}, - title = {Estimating the Wealth Effect on Consumption}, - institution = {Johns Hopkins University}, - year = 2004, - type = {mimeo} -} - -@TECHREPORT{cosHowLargeorig, - author = {Christopher D. Carroll and Misuzu Otsuka and Jiri - Slacalek}, - title = {What Is the Wealth Effect on Consumption? A New - Approach}, - institution = {Johns Hopkins University}, - year = 2006, - type = {mimeo} -} - -@ARTICLE{cow:habits, - author = {Carroll, Christopher D. and Overland, Jody R. and - Weil, David N.}, - title = {Saving and {G}rowth with {H}abit {F}ormation}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {341--355}, - number = 3, - month = {June}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/AERHabits.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/AERHabits.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/AERHabits.pdf} -} - -@ARTICLE{cow00, - author = {Christopher D. Carroll and Jody R. Overland and - David N. Weil}, - title = {Saving and Growth with Habit Formation}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {341--55}, - number = 3 -} - -@ARTICLE{cow:envy, - author = {Carroll, Christopher D. and Overland, Jody R. and - Weil, David N.}, - title = {Comparison Utility in a Growth Model}, - journal = {Journal of Economic Growth}, - year = 1997, - volume = 2, - pages = {339--367}, - number = 4, - month = {December}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/compare.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/compare.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/compare.pdf} -} - -@ARTICLE{cow:habitsfuhrercite, - author = {Carroll, Christopher D. and Overland, Jody R. and - Weil, David N.}, - title = {Saving and Growth with Habit Formation}, - journal = {FEDS Working Paper \# 95-42}, - year = 1995 -} - -@ARTICLE{crr:census, - author = {Carroll, Christopher D. and Rhee, Changyong and - Rhee, Byungkun}, - title = {Does {C}ultural {O}rigin {A}ffect {S}aving - {B}ehavior? {E}vidence from {I}mmigrants}, - journal = {Economic Development and Cultural Change}, - year = 1999, - volume = 48, - pages = {33--50}, - number = 1, - month = {October}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/censave.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/censave.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/censave.pdf} -} - -@ARTICLE{crr:censusNBERWP, - author = {Carroll, Christopher D. and Rhee, Changyong and - Rhee, Byungkun}, - title = {Does {C}ultural {O}rigin {A}ffect {S}aving - {B}ehavior? {E}vidence from {I}mmigrants}, - journal = {NBER Working Paper No. 6568}, - year = 1998, - month = {May} -} - -@ARTICLE{crr:culture, - author = {Carroll, Christopher D. and Rhee, Changyong and - Rhee, Byungkun}, - title = {Are {T}here {C}ultural {E}ffects on {S}aving? {S}ome - {C}ross-{S}ectional {E}vidence}, - journal = {The Quarterly Journal of Economics}, - year = 1994, - volume = {CIX}, - pages = {685--700}, - number = 3, - month = {August}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/crr-culture-qje.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/crr-culture-qje.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/crr-culture-qje.pdf} -} - -@ARTICLE{carroll&samwick:howbig, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {{H}ow {I}mportant {I}s {P}recautionary {S}aving?}, - journal = {Review of Economics and Statistics}, - year = 1998, - volume = 80, - pages = {410--419}, - number = 3, - month = {August}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/howbig.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/papers/howbig.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/papers/howbig.pdf} -} - -@ARTICLE{carroll&samwick:howbigNBERWP, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {{H}ow {I}mportant {I}s {P}recautionary {S}aving?}, - journal = {NBER Working Paper No. 5194}, - year = 1995, - month = {July} -} - -@ARTICLE{carroll&samwick:natureNBERWP, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The {N}ature of {P}recautionary {W}ealth}, - journal = {NBER Working Paper No. 5193}, - year = 1995, - month = {July} -} - -@ARTICLE{carroll&samwick:naturewp, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The Nature of Precautionary Wealth}, - journal = {Manuscript, The Johns Hopkins University}, - year = 1995 -} - -@TECHREPORT{cs:stickyExp, - author = {Christopher D. Carroll and Jiri Slacalek}, - title = {Sticky Expectations and Consumption Dynamics}, - institution = {Johns Hopkins University}, - year = 2006, - type = {mimeo} -} - -@ARTICLE{cosHousing, - author = {Carroll, Christopher D. and Slacalek, Jiri and - Otsuka, Misuzu}, - title = {How Large Is the Housing Wealth Effect? A New - Approach}, - journal = {NBER Working Paper Number 12746}, - year = 2006, - month = {December}, - note = {\url{http://www.nber.org/papers/w12746}}, - bdsk-url-1 = {http://www.nber.org/papers/w12746}, - url = {http://www.nber.org/papers/w12746} -} - -@TECHREPORT{css:epid2, - author = {Christopher D. Carroll and Jiri Slacalek and Martin - Sommer}, - title = {International Evidence on Sticky Consumption - Dynamics}, - institution = {Johns Hopkins University}, - year = {in progress}, - type = {mimeo} -} - -@ARTICLE{cssUSSaving, - author = {Carroll, Christopher D. and Jiri Slacalek and Martin - Sommer}, - title = {Dissecting Saving Dynamics: Measuring Wealth, - Precautionary, and Credit Effects}, - journal = {Manuscript, Johns Hopkins University}, - year = 2019, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cssUSSaving/}}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/papers/cssUSSaving/} -} - -@TECHREPORT{css:epid, - author = {Christopher D. Carroll and Jiri Slacalek and Martin - Sommer}, - title = {The Epidemiology of Consumption}, - institution = {Johns Hopkins University}, - year = 2005, - type = {mimeo} -} - -@TECHREPORT{carroll&slacalek&tokuoka:stickyex, - author = {Carroll, Christopher D. and Slacalek, Jiri and - Tokuoka, Kiichi}, - title = {Sticky Expectations and Consumption Dynamics}, - year = {in progress}, - journal = {Manuscript} -} - -@TECHREPORT{cstMPC, - author = {Christopher D. Carroll and Jiri Slacalek and Kiichi - Tokuoka}, - title = {The Distribution of Wealth and the Marginal - Propensity to Consume}, - institution = {Johns Hopkins University}, - year = 2013, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/papers/cstMPC}}, -} - -@article{cstMPCxc, - title = {The Distribution of Wealth and the MPC: Implications - of New European Data}, - author = {Carroll, Christopher D. and Slacalek, Jiri and - Tokuoka, Kiichi}, - journal = {The American Economic Review}, - volume = 104, - number = 5, - pages = {107--111}, - year = 2014, - publisher = {American Economic Association}, - note = {At - \href{https://www.econ2.jhu.edu/people/ccarroll/papers/cstMPCxc}{\texttt{https://www.econ2.jhu.edu/people/ccarroll/papers/cstMPCxc}}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/cstMPCxc} -} - -@TECHREPORT{cst:BSinKS, - author = {Christopher D. Carroll and Jiri Slacalek and Kiichi - Tokuoka}, - title = {Digestible Microfoundations: Buffer-Stock Saving in - a Krussel--Smith World}, - institution = {Johns Hopkins University}, - year = 2011, - type = {mimeo} -} - -@ARTICLE{carroll&sommer:epidemiology, - author = {Carroll, Christopher D. and Sommer, Martin}, - title = {Dynamics of Aggregate Consumption in an - Epidemiological Model}, - journal = {Manuscript, Johns Hopkins University}, - year = 2004 -} - -@Incollection{sswNAIRU, - author = {Staiger, Douglas and James H. Stock and Mark W. Watson}, - title = {Prices Wages and the US NAIRU in the 1990s}, - year = {2001}, - booktitle = {The Roaring Nineties: Can Full Employment Be Sustained?}, - editor = {Alan B. Krueger and Robert Solow}, - publication = {type}, - publisher = {The Russell Sage Foundation and Century Press}, - address = {New York} -} - -@ARTICLE{cssIntlStickyC, - author = {Carroll, Christopher D. and Sommer, Martin and Slacalek, Jiri}, - title = {International Evidence on Sticky Consumption Growth}, - journal = {Review of Economics and Statistics}, - year = 2011, - volume = 93, - pages = {1135--1145}, - number = 4, - month = {October}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cssIntlStickyC/}}, - URL = { https://doi.org/10.1162/REST_a_00122}, - abstract = {This paper estimates the degree of stickiness in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness parameter of about 0.7 on average across countries. The sticky consumption growth model outperforms the random walk model of Hall (1978) and typically fits the data better than the popular Mankiw (1989) model, though in a few countries, the sticky consumption growth and Campbell-Mankiw models work about equally well. }, -doi = {10.1162/REST\_a\_00122}, -eprint = { https://doi.org/10.1162/REST_a_00122 } -} - - -@ARTICLE{cssIntlStickyCJHU, - author = {Carroll, Christopher D. and Sommer, Martin and - Slacalek, Jiri}, - title = {International Evidence on Sticky Consumption Growth}, - journal = {Johns Hopkins University Working Paper Number 542}, - year = 2008, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cssIntlStickyC/}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/papers/cssIntlStickyC.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/papers/cssIntlStickyC.pdf} -} - -@InCollection{carroll&summers:cparallelsy, - Title = {Consumption Growth Parallels Income Growth: Some New - Evidence}, - Author = {Carroll, Christopher D. and Summers, Lawrence H.}, - Booktitle = {National Saving and Economic Performance}, - Publisher = {Chicago University Press}, - Year = 1991, - Address = {Chicago}, - Editor = {{B.~Douglas Bernheim} and {John B. Shoven}}, - Note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/CParallelsY.pdf}}, - Owner = {Nic Johnson}, - Url = - {https://www.econ2.jhu.edu/people/ccarroll/papers/CParallelsY.pdf} -} - -@ARTICLE{carroll&summers:jme, - author = {Carroll, Christopher D. and Summers, Lawrence H.}, - title = {Why Have Private Saving Rates in the US and Canada - Diverged?}, - journal = {Journal of Monetary Economics}, - year = 1987, - volume = 20, - pages = {249--279}, - number = 2, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/CarrollSummersJME.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/papers/CarrollSummersJME.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/papers/CarrollSummersJME.pdf} -} - -@INPROGRESS{BSSinDGE, - author = {Carroll, Christopher D. and Tokuoka, Kiichi}, - title = {JEDC Project on Benchmark Solutions to Heterogeneous Agents Models}, - year = {Expected publication in {\it Journal of Economic Dynamics and Control}, - 2009}, - journal = {Buffer Stock Saving in Krusell-Smith General Equilibrium}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/BSSinDGE}, - url = {https://www.econ2.jhu.edu/people/ccarroll/BSSinDGE} -} - -@ARTICLE{ctJEDC, - author = {Carroll, Christopher D. and Tokuoka, Kiichi}, - title = {Buffer Stock Saving In Rational Expectations General - Equilibrium}, - journal = {Journal of Economic Dynamics and Control}, - year = 2009 -} - -@ARTICLE{carroll&vermulen:precautionarymultiplier, - author = {Carroll, Christopher D. and Vermulen, Koen}, - title = {The Precautionary Multiplier}, - journal = {Work in Progress}, - year = {2000-present} -} - -@ARTICLE{carroll&weil:habits, - author = {Carroll, Christopher D. and Weil, David N.}, - title = {Habits and Saving: Theory and Evidence}, - journal = {Work in Progress}, - year = 1997 -} - -@ARTICLE{carroll&weil:crcs, - author = {Carroll, Christopher D. and Weil, David N.}, - title = {Saving and {G}rowth: {A} {R}einterpretation}, - journal = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - volume = 40, - pages = {133--192}, - month = {June}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/CarrollWeilSavingAndGrowth.pdf}}, - bdsk-url-1 = - {https://www.econ2.jhu.edu/people/ccarroll/CarrollWeilSavingAndGrowth.pdf}, - url = - {https://www.econ2.jhu.edu/people/ccarroll/CarrollWeilSavingAndGrowth.pdf} -} - -@ARTICLE{carroll&weil:crcsNBERWP, - author = {Carroll, Christopher D. and Weil, David N.}, - title = {Saving and {G}rowth: {A} {R}einterpretation}, - journal = {NBER Working Paper No. 4470}, - year = 1993, - month = {September} -} - -@TECHREPORT{cqsUpdate, - author = {Case, Karl E. and Quigley, John M. and Shiller, - Robert J.}, - title = {Wealth Effects Revisited 1978-2009}, - institution = {Cowles Foundaion for Reserch in Economics, Yale - University}, - year = 2011, - type = {Cowles Foudation Discussion Paper}, - number = 1784, - month = {February} -} - -@ARTICLE{cqs05, - author = {Karl E. Case and John M. Quigley and Robert - J. Shiller}, - title = {Comparing Wealth Effects: The Stock Market Versus - the Housing Market}, - journal = {Advances in Macroeconomics}, - year = 2005, - volume = 5, - pages = {1--32}, - number = 1 -} - -@ARTICLE{cqs:housing, - author = {Case, Karl E. and Quigley, John M. and Shiller, - Robert J.}, - title = {Home-buyers, Housing and the Macroeconomy}, - journal = {Reserve Bank of Australia Conference on Asset Prices - and Monetary Policy Papers}, - year = 2003 -} - -@ARTICLE{cqs:wealtheffects, - author = {Case, Karl E. and Quigley, John M. and Shiller, - Robert J.}, - title = {Comparing Wealth Effects: The Stock Market Versus - the Housing Market}, - journal = {Institute of Business and Economic Research Working - Paper No. W01-004}, - year = 2003, - month = {May} -} - -@TECHREPORT{cqs01, - author = {Karl E. Case and John M. Quigley and Robert - J. Shiller}, - title = {Comparing Wealth Effects: The Stock Market Versus - the Housing Market}, - institution = {NBER}, - year = 2001, - type = {working paper} -} - -@ARTICLE{cs03, - author = {Karl E. Case and Robert J. Shiller}, - title = {Is There a Bubble in the Housing Market? An - Analysis}, - journal = {Brookings Papers on Economic Activity}, - year = 2003, - volume = 2003, - pages = {299--342}, - number = 2 -} - -@INCOLLECTION{csCPIReq, - author = {Casey, William and Sara Stanley}, - title = {Consumer Price Index Requirements of the Consumer - Expenditure Surveys}, - booktitle = {Forthcoming in {\it Improving the Measurement of - Household Expenditures}}, - publisher = {Chicago: University of Chicago Press}, - year = 2013, - editors = {Christopher Carroll, Thomas Crossley, and John - Sabelhaus} -} - -@ARTICLE{cass:growth, - author = {Cass, David}, - title = {Optimum growth in an aggregative model of capital - accumulation}, - journal = {Review of Economic Studies}, - year = 1965, - volume = 32, - pages = {233--240} -} - -@TECHREPORT{cal96, - author = {Cassou, Steven P. and Lansing, Kevin J.}, - title = {Growth Effects of a Flat Tax}, - institution = {Federal Reserve Bank of Cleveland}, - year = 1996, - type = {working paper}, - number = 9615 -} - -@ARTICLE{castaneda, - author = {Castaneda, Ana and Diaz-Gimenez, Javier and - Rios-Rull, Jose-Victor}, - title = {Accounting for the U.S.\ Earnings and Wealth - Inequality}, - journal = {Journal of Political Economy}, - year = 2003, - volume = 111, - pages = {818--857}, - number = 4, - month = {August} -} - -@TECHREPORT{cgp04, - author = {Catte, Pietro and Girouard, Nathalie and Price, - Robert and Andre, Christophe}, - title = {Housing Market, Wealth and the Business Cycle}, - institution = {OECD}, - year = 2004, - type = {working paper}, - number = 17 -} - -@ARTICLE{ces:nearly, - author = {Cavanagh, Christopher L. and Elliott, Graham and - Stock, James H.}, - title = {Inference in Models with Nearly Integrated - Regressors}, - journal = {Econometric Theory}, - year = 1995, - volume = 11, - pages = {1131--1147}, - number = 5 -} - -@TECHREPORT{cd04, - author = {Steven Cechetti and Guy Debelle}, - title = {Has the Inflation Process Changed?}, - institution = {Brandeis University}, - year = 2004, - type = {mimeo} -} - -@TECHREPORT{challe&ragot:precautionaryS, - author = {Edouard Challe and Xavier Ragot}, - title = {Precautionary Saving over the Business Cycle}, - institution = {Paris School of Economics}, - year = 2012, - type = {mimeo} -} - -@INCOLLECTION{chamberlain:paneldata, - author = {Chamberlain, Gary}, - title = {Panel Data}, - booktitle = {Handbook of Econometrics}, - publisher = {North-Holland}, - year = 1984, - editor = {Griliches, Zvi and Intriligator, Michael}, - address = {Amsterdam} -} - -@ARTICLE{cw:cUnderUncert, - author = {Chamberlain, Gary and Wilson, Charles A.}, - title = {Optimal Intertemporal Consumption Under Uncertainty}, - journal = {Review of Economic Dynamics}, - year = 2000, - volume = 3, - pages = {365--395}, - number = 3 -} - -@TECHREPORT{clpChinaSaving, - author = {Chamon, Marcos and Liu, Kai and Prasad, Eswar S.}, - title = {Income Uncertainty and Household Savings in China}, - institution = {National Bureau of Economic Research}, - year = 2010, - journal = {NBER Working Paper No.\ 16565} -} - -@ARTICLE{cpChina, - author = {Chamon, Marcus D. and Prasad, Eswar S.}, - title = {Why Are Saving Rates of Urban Households in China - Rising?}, - journal = {American Economic Journal: Macroeconomics}, - year = 2010, - volume = 2, - pages = {93--130}, - number = 1, - note = {Available at - \url{http://www.aeaweb.org/articles.php?doi=10.1257/mac.2.1.93}}, - bdsk-file-1 = - {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}, - date-modified ={2011-10-14 10:57:33 -0400}, - issn = {1945-7707}, - publisher = {American Economic Association} -} - -@MISC{cck:opttax, - author = {Chari, V.~V., Laurence J. Christiano and Kehoe, - Patrick J.}, - title = {Dynamic {R}amsey Taxation in a Stochastic Growth - Model}, - howpublished = {Working Paper}, - year = 1990 -} - -@ARTICLE{cckDevil, - author = {Chari, V.~V. and Christiano, Lawrence and Kehoe, - Patrick}, - title = {Facts and Myths About the Financial Crisis of 2008}, - journal = {Federal Reserve Bank of Minneapolis Working Paper - Number 666}, - year = 2008, - month = {October} -} - -@comment{chariKehoeMcGrattan:critiqueOld} -@TECHREPORT{ckmCritique, - author = {V. V. Chari and Patrick J. Kehoe and Ellen - R. McGrattan}, - title = {A Critique of Structural VARs Using Real Business - Cycle Theory}, - institution = {Federal Reserve Bank of Minneapolis}, - year = 2005, - type = {working paper}, - number = 631 -} - -@TECHREPORT{ch95, - author = {Robert S. Chase}, - title = {Women's Labor Force Participation during and after - {C}ommunism: {A} Study of the {C}zech {R}epublic and - {S}lovakia}, - institution = {Economic Growth Center, Yale University}, - year = 1995, - type = {discussion paper}, - number = 768 -} - -@ARTICLE{chen&white:nonparametric, - author = {Chen, Xiaohong and White, Halbert}, - title = {Nonparametric Adaptive Learning with Feedback}, - journal = {Journal of Economic Theory}, - year = 1998, - volume = 82, - pages = {190--222} -} - -@TECHREPORT{chetty:commit, - author = {Chetty, Raj}, - title = {Consumption Commitments, Unemployment Durations, and - Local Risk Aversion}, - institution = {National Bureau of Economic Research, Inc}, - year = 2004, - month = jan -} - -@ARTICLE{cflnoCrowdout, - author = {Raj Chetty and John N. Friedman and Soren - Leth-Petersen and Torben Heien Nielsen and Tore - Olsen}, - title = {Active Vs. Passive Decisions And Crowd-Out In - Retirement Savings Accounts: Evidence From Denmark}, - journal = {Manuscript, Harvard University}, - year = 2012, - month = {December}, - note = - {\url{http://obs.rc.fas.harvard.edu/chetty/crowdout.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cflnoCrowdout.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cflnoCrowdout.pdf:PDF}, - url = {http://obs.rc.fas.harvard.edu/chetty/crowdout.pdf} -} - -@TECHREPORT{chettySzeidlHabits, - author = {Raj Chetty and Adam Szeidl}, - title = {Consumption Commitments: Neoclassical Foundations - for Habit Formation}, - institution = {University of California, Berkeley}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{szeidl&chetty:commitments, - author = {Chetty, Raj and Szeidl, Adam}, - title = {Consumption Commitments and Asset Prices}, - journal = {Manuscript, Harvard University}, - year = 2003 -} - -@TECHREPORT{ceiForensic, - author = {Menzie D. Chinn and Barry Eichengreen and Hiro Ito}, - title = {A Forensic Analysis of Global Imbalances}, - institution = {National Bureau of Economic Research}, - year = 2011, - type = {Working Paper}, - number = 17513, - month = {October}, - abstract = {We examine whether the behavior of current account - balances changed in the years preceding the global - crisis of 2008-09, and assess the prospects for - global imbalances in the post-crisis period. Changes - in the budget balance are an important factor - affecting current account balances for deficit - countries such as the U.S. and the U.K. The effect - of the “saving glut variables” on current account - balances has been relatively stable for emerging - market countries, suggesting that those factors - cannot explain the bulk of their recent current - account movements. We also find the 2006-08 period - to constitute a structural break for emerging market - countries, and to a lesser extent, for - industrialized countries. We attribute the anomalous - behavior of pre-crisis current account balances to - stock market performance and real housing - appreciation; fiscal procyclicality and the stance - of monetary policy do not matter as much. Household - leverage also appears to explain some of the - standard model’s prediction errors. Looking - forward, U.S., fiscal consolidation alone cannot - induce significant deficit reduction. For China, - financial development might help shrink its current - account surplus, but only when it is coupled with - financial liberalization. These findings suggest - that unless countries implement substantially more - policy change, global imbalances are unlikely to - disappear.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ceiForensic.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ceiForensic.pdf:PDF}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w17513} -} - -@ARTICLE{cpCAPI, - author = {Cho, Moon J. and Carolyn M. Pickering}, - title = {Effect of Computer-Assisted Personal Interviews in - the U.S.}, - journal = {Manuscript, Bureau of Labor Statistics}, - year = 2006, - note = {\url{http://www.bls.gov/osmr/pdf/st060200.pdf}}, - file = {cpCAPI.pdf:cpCAPI.pdf:PDF}, - url = {http://www.bls.gov/osmr/pdf/st060200.pdf} -} - -@ARTICLE{christiano:lq, - author = {Christiano, Lawrence~J.}, - title = {Solving the Stochastic Growth Model by Linear - Quadratic Approximation and by Value-Function - Iteration}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {23--26}, - number = 1 -} - -@ARTICLE{CEM, - author = {Christiano, Lawrence J. and Eichenbaum, Martin and - Marshall, David}, - title = {The permanent Income Hypothesis Revisited}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {397--423}, - number = 2, - month = {Mar.}, - file = {:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/#F#:Djvu} -} - -@ARTICLE{cee:habits, - author = {Christiano, Laurence J. and Eichenbaum, Martin and - Evans, Charles L.}, - title = {Nominal Rigidities and the Dynamic Effects of a - Shock to Monetary Policy}, - journal = {Journal of Political Economy}, - year = 2005, - volume = 113, - pages = {1--45}, - number = 1, - month = {February} -} - -@MISC{christiano&eichenbaum:rbc, - author = {{Christiano, Lawrence J.} and {Martin Eichenbaum}}, - title = {Current Real Business Cycle Theories and Aggregate - Labor Market Fluctuations}, - howpublished = {Institute for Empirical Economics Discussion Paper - 24, Federal Reserve Bank of Minneapolis and - University of Minnesota}, - year = 1990 -} - -@ARTICLE{Ciccone:2002, - author = {Ciccone, Antonio}, - title = {Agglomeration effects in Europe}, - journal = {European Economic Review}, - year = 2002, - volume = 46, - pages = {213--227}, - number = 2, - month = {February} -} - -@ARTICLE{CicconeHall:1996, - author = {Ciccone, Antonio and Hall, Robert E.}, - title = {Productivity and the Density of Economic Activity}, - journal = {The American Economic Review}, - year = 1996, - volume = 86, - pages = {54--70}, - number = 1, - month = {March} -} - -@ARTICLE{claridaMeaCulpa, - author = {Clarida, Richard H}, - title = {What Has—and Has Not—Been Learned about Monetary - Policy in a Low-Inflation Environment? A Review of - the 2000s}, - journal = {Journal of Money, Credit and Banking}, - year = 2012, - volume = 44, - pages = {123--140}, - number = {s1}, - publisher = {Wiley Online Library} -} - -@ARTICLE{Clark/Wincoop:2001, - author = {Clark, Todd E. and van Wincoop, Eric}, - title = {Borders and Business Cycles}, - journal = {Journal of International Economics}, - year = 2001, - volume = 55, - pages = {59--85} -} - -@ARTICLE{cgm:lcportfolio, - author = {Cocco, Joao and Gomes, Francisco J. and Maenhout, - Pascal J.}, - title = {Consumption and Portfolio Choice Over the Life - Cycle}, - journal = {Manuscript, Harvard University}, - year = 1998 -} - -@ARTICLE{cochrane:uncertainfacts, - author = {Cochrane, John H.}, - title = {Where Is the Market Going? Uncertain Facts and Novel - Theories}, - journal = {NBER Working Paper Number 6207}, - year = 1998 -} - -@ARTICLE{cochrane:permgnp, - author = {Cochrane, John H.}, - title = {Permanent and Transitory Components of GNP and Stock - Prices}, - journal = {Quarterly Journal of Economics}, - year = 1994, - volume = 109, - pages = {241--265}, - number = 1 -} - -@ARTICLE{cochrane:nearrational, - author = {Cochrane, John H.}, - title = {The Sensitivity of Tests of the Intertemporal - Allocation of Consumption to Near-Rational - Alternatives}, - journal = {American Economic Review}, - year = 1991, - volume = 79, - pages = {319--37} -} - -@ARTICLE{cochrane:simpletest, - author = {Cochrane, John H.}, - title = {A Simple Test of Consumption Insurance}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {957--76} -} - -@ARTICLE{chk:ussav, - author = {Cohen, Darrel and Hassett, Kevin and Kennedy, James}, - title = {Are U.S. Investment and Capital Stocks at Optimal - Levels?}, - journal = {Finance and Economics Discussion Series Paper 95-32}, - year = 1995 -} - -@ARTICLE{laibsonNeuro, - author = {Cohen, Jonathan D. and Laibson, David and - Loewenstein, George and McClure, Samuel M.}, - title = {Separate Neural Systems Value Immediate and Delayed - Monetary Rewards}, - journal = {Science}, - year = 2004, - volume = 306, - month = {October} -} - -@ARTICLE{coi06, - author = {Olivier Coibion}, - title = {Inflation Inertia in Sticky Information Models}, - journal = {Contributions to Macroeconomics}, - year = 2006, - volume = 6, - pages = {1--29}, - number = 1, - note = - {http://www.bepress.com/bejm/contributions/vol6/iss1/art1} -} - -@ARTICLE{cmp:socialnorms, - author = {Cole, Harold L. and Mailath, George J. and - Postlewaite, Andrew}, - title = {Social Norms, Savings Behavior, and Growth}, - journal = {Journal of Political Economy}, - year = 1992, - volume = 100, - pages = {1092--125}, - number = 6 -} - -@ARTICLE{coleman:alg, - author = {Coleman, Wilbur~J.}, - title = {Solving the Stochastic Growth Model by - Policy-Function Iteration}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {27--31}, - number = 1 -} - -@MISC{coleman:algorig, - author = {Coleman, W.~J.}, - title = {An Algorithm to Solve Dynamic Models}, - howpublished = {Board of Governors of the Federal Reserve System - International Finance Discussion Papers Number~351}, - year = 1989 -} - -@ARTICLE{ssfReport, - author = {Stiglitz, Joseph E. and Sen, Amartya and Fitoussi, J.P.}, - title = {Report By The Commission On The Measurement Of - Economic Performance And Social Progress}, - journal = {The Commission}, - year = 2009 -} - -@TECHREPORT{cboIncomeShares, - author = {{Congressional Budget Office}}, - title = {Trends in the Distribution of Household Income - Between 1979 and 2007}, - institution = {CBO}, - year = 2011, - month = {October}, - note = - {\url{http://www.cbo.gov/sites/default/files/cbofiles/attachments/10-25-HouseholdIncome.pdf}}, - url = - {http://www.cbo.gov/sites/default/files/cbofiles/attachments/10-25-HouseholdIncome.pdf} -} - -@ARTICLE{constantinidesHabits, - author = {George M. Constantinides}, - title = {Habit Formation: A Resolution of the Equity Premium - Puzzle}, - journal = {Journal of Political Economy}, - year = 1990, - volume = 98, - pages = {519--543}, - number = 3, - month = {June} -} - -@ARTICLE{cdm:junior, - author = {Constantinidies, George M. and Donaldson, John - B. and Mehra, Rajnish}, - title = {Junior Can't Borrow: A New Perspective on the Equity - Premium Puzzle}, - journal = {NBER Working Paper No.\ 6617}, - year = 1998 -} - -@PHDTHESIS{corneliImbalances, - author = {Corneli, Flavia}, - title = {Global Imbalances: Saving and Investment Imbalances}, - school = {European University Institute}, - year = 2011 -} - -@ARTICLE{CoulibalyLiMortgage, - author = {Coulibaly, Brahima and Li, Geng}, - title = {Do Homeowners Increase Consumption after the Last - Mortgage Payment? An Alternative Test of the - Permanent Income Hypothesis}, - journal = {The Review of Economics and Statistics}, - year = 2006, - volume = 88, - pages = {10--19}, - number = 1, - month = {February}, - bdsk-url-1 = - {http://www.ingentaconnect.com/content/mitpress/restat/2006/2000000088/00000001/art00002}, - bdsk-url-2 = {http://dx.doi.org/10.1162/003465306775565693}, - doi = {doi: 10.1162/003465306775565693}, - issn = {0034-6535}, - publisher = {MIT Press}, - url = - {http://www.ingentaconnect.com/content/mitpress/restat/2006/ - 00000088/00000001/art00002} -} - -@INBOOK{ceaSaving, - chapter = 4, - title = {The Economic Report of the President, 2010}, - publisher = {Government Printing Office}, - year = 2010, - author = {{Council~of~Economic~Advisers}} -} - -@TECHREPORT{csSavingGenes, - author = {Cronqvist, Henrik and Siegel, Stephan}, - title = {The Origins of Savings Behavior}, - institution = {Institute for Financial Research}, - year = 2010, - type = {SIFR Research Report Series}, - number = 73, - abstract = {What are the origins of individual savings behavior? - Using data on identical and fraternal twins matched - with data on their savings behavior, we find that an - individual's savings propensity is governed by both - genetic predispositions, social transmission from - parents to their children, and gene-environment - interplay where certain environments moderate - genetic influences. Genetic variation explains about - 35 percent of the variation in savings rates across - individuals, and this genetic effect is stronger in - less constraining, high socioeconomic status - environments. Parent-child transmission influences - savings for young individuals and those who grew up - in a family environment with less competition for - parental resources. Individual-specific life - experiences is a very important explanation for - behavior in the savings domain, and strongest in - urban communities. In a world progressing rapidly - towards individual retirement savings autonomy, - understanding the origins of individuals' savings - behavior are of key importance to economists as well - as policy makers.}, - bdsk-url-1 = {http://econpapers.repec.org/RePEc:hhs:sifrwp:0073}, - keywords = {Savings; Consumption; Behavioral Genetics}, - url = {http://econpapers.repec.org/RePEc:hhs:sifrwp:0073} -} - -@ARTICLE{croushore:evaluating, - author = {Croushore, Dean}, - title = {Evaluating Inflation Forecasts}, - journal = {Manuscript, Federal Reserve Bank of Philadelphia}, - year = 2001 -} - -@ARTICLE{croushore:spfisgood, - author = {Croushore, Dean}, - title = {Evaluating Inflation Forecasts}, - journal = {Federal Reserve Bank of Philadelphia Working Paper - Number 98-14}, - year = 1998 -} - -@ARTICLE{Crucini:1999, - author = {Crucini, Mario J.}, - title = {On international and national dimensions of risk - sharing}, - journal = {The Review of Economics and Statistics}, - year = 1999, - volume = 81, - pages = {73--84}, - number = 1, - month = {Feb.} -} - -@ARTICLE{chh:reconsider, - author = {Cummins, Jason G. and Hassett, Kevin A. and Hubbard, - R. Glenn}, - title = {A Reconsideration of Investment Behavior Using Tax - Reforms as Natural Experiments}, - journal = {Brookings Papers on Economic Activity}, - year = 1994, - volume = 2, - pages = {1--59}, - note = {Available at { - \url{http://ideas.repec.org/p/nbr/nberre/1946.html}}} -} - -@ARTICLE{curtin:inflsurvart, - author = {Curtin, Richard T.}, - title = {Procedure to Estimate Price Expectations}, - journal = {Manuscript, University of Michigan Survey Research - Center}, - year = 1996 -} - -@ARTICLE{Curtinetal:1989, - author = {Curtin, Richard T. and Juster, F. Thomas and Morgan, - James N.}, - title = {Survey Estimates of Wealth: An Assessment of - Quality}, - journal = {The Measurement of Saving, Investment and Wealth}, - year = 1989, - volume = 52, - pages = {473--548}, - publisher = {National Bureau of Economic Research}, - series = {Studies in Income and Wealth} -} - -@ARTICLE{cutleretc:brookings, - author = {Cutler, David M. and Poterba, James M. and Sheiner, - Louise M. and Summers, Lawrence H.}, - title = {An Aging Society: Opportunity or Challenge?}, - journal = {Brookings Papers on Economic Activity, 1990:2}, - year = 1990 -} - -@ARTICLE{cfInequality, - author = {Barry Z. Cynamon and Steven M. Fazzari}, - title = {Inequality and Household Finance During the Consumer - Age}, - journal = {Working Paper, Washington University in St Louis}, - year = 2013, - month = {January} -} - -@ARTICLE{softCarp, - author = {D.A. Aruliah, C. Titus Brown, Neil P. Chue Hong, - Matt Davis, Richard T. Guy, Steven H.D. Haddock, - Katy Huff, Ian Mitchell, Mark Plumbley, Ben Waugh, - Ethan P. White, Greg Wilson, and Paul Wilson}, - title = {Best Practices for Scientific Computing}, - journal = {The Intertubes}, - year = 2012, - url = - {http://software-carpentry.org/blog/2012/10/best-practices-for-scientific-computing.html} -} - -@ARTICLE{ddfs08, - author = {D{\"}opke, J{\"}org and Dovern, Jonas and Fritsche, - Ulrich and Slacalek, Jiri}, - title = {The Dynamics of European Inflation Expectations}, - journal = {The B.E. Journal of Macroeconomics (Topics)}, - year = 2008, - volume = 8, - pages = {Article 12}, - number = 37 -} - -@TECHREPORT{ddfs05, - author = {D{\"}opke, J{\"}org and Dovern, Jonas and Fritsche, - Ulrich and Slacalek, Jiri}, - title = {European Inflation Expectation Dynamics}, - institution = {Deutsche Bundesbank}, - year = 2005, - type = {Deutsche Bundesbank discussion paper}, - number = 37 -} - -@ARTICLE{dardanoni:crosssection, - author = {Dardanoni, Valentino}, - title = {Precautionary Savings Under Income Uncertainty: A - Cross-Section Analysis}, - journal = {Applied Economics}, - year = 1991, - volume = 23, - pages = {153--160} -} - -@TECHREPORT{dav01, - author = {Melissa Davey}, - title = {Mortgage Equity Withdrawal and Consumption}, - institution = {{Bank of England, 100--103}}, - year = 2001, - type = {Quarterly Bulletin: Spring}, - pages = {100--103} -} - -@ARTICLE{dhsyECM, - author = {DAVIDSON, J. E. H. and HENDRY, DAVID F. and SRBA, - FRANK and YEO, STEVEN}, - title = {Econometric Modeling of the Aggregate Time-series - Relationship Between Consumer's Expenditure and - Income in the United Kingdom}, - journal = {Economic Journal}, - year = 1978, - volume = 88, - pages = {661--692} -} - -@TECHREPORT{davisMartinHousing, - author = {Morris A. Davis and Robert F. Martin}, - title = {Housing, House Prices, and the Equity Premium - Puzzle}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2005, - type = {Finance and Economics Discussion Series}, - number = 13 -} - -@TECHREPORT{dp01, - author = {Morris A. Davis and Michael G. Palumbo}, - title = {A Primer on the Economics and Time Series - Econometrics of Wealth Effects}, - institution = {Federal Reserve Board}, - year = 2001, - type = {FEDS working paper}, - number = 9 -} - -@TECHREPORT{davis&heathcote:landprices, - author = {Morris Davis and Jonathan Heathcote}, - title = {The Price and Quantity of Residential Land in the - United States}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2004, - type = {manuscript} -} - -@ARTICLE{davis&palumbo:wealtheffects, - author = {Davis, Morris and Palumbo, Michael}, - title = {A Primer on the Economics and Time Series - Econometrics of Wealth Effects}, - journal = {Federal Reserve Board Finance and Economics - Discussion Papers 2001-09}, - year = 2001 -} - -@MISC{DavisPalumbo:2001, - author = {Davis, Morris and Palumbo, Michael G.}, - title = {Does Stock Market Wealth Matter for Consumption?}, - howpublished = {Finance and Economics Discussion Series - 2001-23. Washington: Board of Governors of the - Federal Reserve System}, - year = 2001, - source = {Washington: Board of Governors of the Federal - Reserve System} -} - -@ARTICLE{dnKuznets, - author = {Deacon, Robert T. and Norman, Catherine S.}, - title = {Does the Environmental Kuznets Curve Describe How - Individual Countries Behave?}, - journal = {Land Economics}, - year = 2006, - volume = 82, - pages = {pp.291--315}, - number = 2, - abstract = {We examine within-country time series data on income - and concentrations of SO2, smoke, and particulates - to see if the shapes of pollution-income - relationships in individual countries agree - qualitatively with predictions of the environmental - Kuznets curve. The shapes of these relationships are - determined non-parametrically for individual - countries using recently available data on air - pollution concentrations. For smoke and - particulates, the shapes of within-country, - pollution-income patterns do not agree with the EKC - hypothesis more often than chance would dictate. For - SO2, which generally exhibits EKC-consistent - pollution-income relationships among wealthier - countries, the observed patterns are also consistent - with a simpler hypothesis.}, - copyright = {Copyright (c) 2006 The Board of Regents of the - University of Wisconsin System}, - doi = {10.3368/le.82.2.291}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dnKuznets.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dnKuznets.pdf:PDF}, - issn = 00237639, - jstor_articletype ={research-article}, - jstor_formatteddate ={May, 2006}, - language = {English}, - publisher = {University of Wisconsin Press}, - url = {http://www.jstor.org/stable/27647709} -} - -@ARTICLE{dhprvInequality, - author = {DeBacker, Jason and Heim, Bradley and Panousi, Vasia - and Ramnath, Shanthi and Vidangos, Ivan}, - title = {Rising Inequality: Transitory or Persistent? New - Evidence from a Panel of U.S. Tax Returns}, - journal = {Brookings Papers on Economic Activity}, - year = 2013, - volume = {Spring}, - pages = {67--122}, - owner = {akmaral}, - timestamp = {2014.02.02}, - url = {http://home.comcast.net/~bradheim/files/inequality_23Jan2013_all.pdf} -} - -@TECHREPORT{deb04, - author = {Guy Debelle}, - title = {Macroeconomic Implications of Rising Household Debt}, - institution = {Bank for International Settlements}, - year = 2004, - type = {working paper}, - number = 153 -} - -@ARTICLE{debelleDebt, - author = {Debelle, Guy}, - title = {Macroeconomic Implications of Rising Household Debt}, - journal = {Bank of International Settlements Working Paper - Number 513}, - year = 2004 -} - -@INCOLLECTION{debelle&fischer:cred, - author = {Debelle, Guy and Fischer, Stanley}, - title = {How Independent Should a Central Bank Be?}, - booktitle = {Goals, Guidelines, and Constraints Facing Monetary - Policymakers}, - publisher = {Federal Reserve Bank of Boston}, - year = 1994, - editor = {Fuhrer, Jeffrey C.}, - pages = {195--221}, - note = {Federal Reserve Bank of Boston Conference Series 38} -} - -@ARTICLE{DSW:2004, - author = {Dejuan, Joseph P. and Seater, John J. and Wirjanto, - Tony S.}, - title = {A direct test of the permanent Income Hypothesis - with an Application to the U.S. states}, - journal = {Journal of Money Credit and Banking}, - year = 2004, - volume = 36, - pages = {1091--1103}, - number = 6 -} - -@ARTICLE{dekle:miracle, - author = {Dekle, Robert}, - title = {Raising Saving Rates: {L}essons from the {J}apanese - Experience}, - journal = {Background Paper Prepared for {\it The East Asia - Miracle Project}}, - year = 1993, - address = {New York}, - publisher = {Oxford University Press} -} - -@ARTICLE{DelNegro:2002, - author = {Del Negro, Marco}, - title = {Asymmetric shocks among U.S. states}, - journal = {Journal of International Economics}, - year = 2002, - volume = 56 -} - -@PHDTHESIS{DelNegro:1998, - author = {Del Negro, Marco}, - title = {Aggregate Risk Sharing Across US States and Across - European Countries}, - school = {Yale University}, - year = 1998 -} - -@ARTICLE{ds04, - author = {Marco {Del Negro} and Frank Schorfheide}, - title = {Priors from General Equilibrium Models for VARs}, - journal = {International Economic Review}, - year = 2004, - volume = 45, - pages = {643--673}, - number = 2 -} - -@ARTICLE{deLongPeel, - author = {DeLong, J. Bradford}, - title = {Republic of the Central Banker}, - journal = {The American Prospect}, - year = 2008, - month = {October 27}, - note = {Available at - \url{http://www.prospect.org/cs/articles?article=republic_of_the_central_banker}} -} - -@ARTICLE{denhaan, - author = {Den Haan, Wouter J.}, - title = {Assessing the Accuracy of the Aggregate Law of - Motion in Models with Heterogeneous Agents}, - journal = {Jouranl of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {79--99}, - number = 1, - month = {January} -} - -@ARTICLE{denhaan:comparison, - author = {Den Haan, Wouter J.}, - title = {Comparison of Solutions to the Incomplete Markets - Model with Aggregate Uncertainty}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {4--27}, - number = 1, - month = {January} -} - -@ARTICLE{denhaan:agents, - author = {{Den Haan}, Wouter J.}, - title = {Understanding Equilibrium Models with a Small and a - Large Number of Agents}, - journal = {Manuscript, University of California at San Diego}, - year = 1996 -} - -@ARTICLE{denhaan:modelb, - author = {Den Haan, Wouter J. and Judd, Ken and Julliard, - Michel}, - title = {Description of Model B and Exercises}, - journal = {Manuscript}, - year = 2007 -} - -@ARTICLE{denhann:comp, - author = {Den Haan, Wouter J. and Judd, Kenneth L. and - Juillard, Michel}, - title = {Computational Suite of Models with Heterogeneous - Agents: Incomplete Markets and Aggregate - Uncertainty}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {1--3}, - number = 1, - month = {January} -} - -@ARTICLE{denhaan&rendahl, - author = {Den~Haan, Wouter J. and Rendahl, Pontus}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty Using Explicit Aggregation}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {69--78}, - number = 1, - month = {January} -} - -@MISC{bea:survey, - author = {Department of Commerce, Bureau of Economic Analysis}, - title = {Survey of Current Business}, - year = {periodic} -} - -@MISC{bea:wealth, - author = {Department of Commerce, Bureau of Economic Analysis}, - title = {Fixed Reproducible Tangible Wealth in the {U}nited - {S}tates, 1925-85}, - year = 1986, - note = {Updated periodically in the Survey of Current - Business} -} - -@ARTICLE{consumerGEP, - author = {{Deutsche Bank Securities}}, - title = {Global Economic Perspectives: Risks to US Consumer - Spending Overrated}, - journal = {Deutsche Bank Global Markets Research: Macro}, - year = 2012, - month = {February 14, 2012}, - file = {consumerGEP.pdf:consumerGEP.pdf:PDF} -} - -@ARTICLE{dl91, - author = {Diamond, Jr., Douglas B. and Michael J. Lea}, - title = {The Decline of Special Circuits in Developed Country - Housing Finance}, - journal = {Housing Policy Debate}, - year = 1991, - volume = 3, - pages = {747--777}, - number = 3 -} - -@ARTICLE{diamondSearch, - author = {Diamond, Peter A.}, - title = {Aggregate Demand Management in Search Equilibrium}, - journal = {Journal of Political Economy}, - year = 1982, - volume = 90, - pages = {881--894}, - month = {October} -} - -@INCOLLECTION{diebold&lopez:forecastbias, - author = {Diebold, Francis X. and Lopez, Jose A.}, - title = {Forecast Evaluation and Combination}, - booktitle = {Handbook of Statistics}, - publisher = {North Holland}, - year = 1996, - editor = {Maddala, G.S. and Rao, C.R.}, - pages = {241--68}, - address = {Amsterdam} -} - -@ARTICLE{dghNegativeEquity, - author = {Disney, Richard and Gathergood, John and Henley, - Andrew}, - title = {House Price Shocks, Negative Equity, and Household - Consumption in the United Kingdom}, - journal = {Manuscript, University of Nottingham}, - year = 2008, - month = {October} -} - -@TECHREPORT{DisneyEtAl:2003, - author = {Disney, Richard and Henley, Andrew and Jevons, - David}, - title = {House Price Shocks, Negative Equity and Household - Consumption in the UK in the 1990s}, - institution = {University of Nottingham}, - year = 2003, - type = {memo}, - month = Aug -} - -@BOOK{dixit&pindyck:option, - title = {Investment Under Uncertainty}, - publisher = {Princeton University Press}, - year = 1994, - author = {Dixit, Avinash K. and Pindyck, Robert S.}, - address = {Princeton, NJ} -} - -@ARTICLE{dfhsCognitive, - author = {Thomas Dohmen and Armin Falk and David Huffman and - Uwe Sunde}, - title = {Are Risk Aversion and Impatience Related to - Cognitive Ability?}, - journal = {American Economic Review}, - year = 2010, - volume = 100, - pages = {1238--60}, - number = 3, - month = {June}, - note = - {\url{http://ideas.repec.org/a/aea/aecrev/v100y2010i3p1238-60.html}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dfhsCognitive.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dfhsCognitive.pdf:PDF}, - url = - {http://ideas.repec.org/a/aea/aecrev/v100y2010i3p1238-60.html} -} - -@MISC{Doornik1994, - author = {Doornik, J. and Hansen, H.}, - title = {An omnibus test for univariate and multivariate - normality}, - year = 1994, - bdsk-url-1 = {http://citeseer.ist.psu.edu/doornik94omnibu.html}, - text = {Doornik, J. A., & Hansen, H. (1994). An omnibus test - for univariate and multivariate normality (Working - paper). NuOEeld College, Oxford.}, - url = {http://citeseer.ist.psu.edu/doornik94omnibu.html} -} - -@MISC{doornik94omnibus, - author = {J. Doornik and H. Hansen}, - title = {An omnibus test for univariate and multivariate - normality}, - year = 1994, - text = {Doornik, J. A., & Hansen, H. (1994). An omnibus test - for univariate and multivariate normality (Working - paper). NuOEeld College, Oxford.}, - url = {citeseer.ist.psu.edu/doornik94omnibu.html} -} - -@ARTICLE{dkw:Ss, - author = {Dotsey, Michael and King, Robert G. and Wolman, - Alexander L.}, - title = {State Dependent Pricing and the General Equilibrium - Dynamics of Money and Output}, - journal = {Quarterly Journal of Economics}, - year = 1999, - volume = 114, - pages = {655--690} -} - -@ARTICLE{DrezeModigliani, - author = {Dr\`eze, Jacques H. and Modigliani, Franco}, - title = {Consumption Decisions Under Uncertainty}, - journal = {Journal of Economic Theory}, - year = 1972, - volume = 5, - pages = {308--335} -} - -@ARTICLE{dua&ray:arima, - author = {Dua, Pami and Ray, Subash C.}, - title = {ARIMA Models of the Price Level: An Assessment of - the Multilevel Adaptive Learning Process in the USA}, - journal = {Journal of Forecasting}, - year = 1992, - volume = 11, - pages = {507--16} -} - -@BOOK{duesenberry:BOOK, - title = {Income, Saving, and the Theory of Consumer Behavior}, - publisher = {Harvard University Press}, - year = 1949, - author = {Duesenberry, James S.}, - address = {Cambridge, MA} -} - -@ARTICLE{duncan&hill:measerr, - author = {Duncan, Gregory J. and Hill, Daniel H.}, - title = {An Investigation of the Extent and Consequences of - Measurement Error in Labor-Economic Survey Data}, - journal = {Journal of Labor Economics}, - year = 1985, - volume = 3, - number = 4 -} - -@MISC{dunn:paper2, - author = {Dunn, Wendy E.}, - title = {Unemployment Risk, Precautionary Saving, and Durable - Goods Purchase Decisions}, - howpublished = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1998 -} - -@article{CoeurdacierGuibaudJin2015, - title = {Credit Constraints and growth in a Global Economy}, - author = {Coeurdacier, Nicolas and St\'ephane Guibaud and Keyu Jin}, - journal = {American Economic Review}, - volume = {105}, - number = {9}, - pages = {2838-81}, - year = {2015}, -} - -@ARTICLE{JeanneBrookings, - author = {Jeanne, Olivier}, - title = {International Reserves in Emerging Market Countries: - Too Much of a Good Thing?}, - journal = {Brookings Papers on Economic Activity}, - year = 2007, - volume = 2007, - pages = {1--55} -} - - -@article{dmtMercant, -Author = {Durdu, Ceyhun Bora and Mendoza, Enrique G. and Terrones, Marco E.}, -Journal = {Journal of Development Economics}, -Title = {Precautionary Demand for Foreign Assets in Sudden Stop Economies: an Assessment of the New Mercantilism}, -Year = {2009}, -Volume={89}, -Pages={194 - 209} -} -@ARTICLE{dmtMercant-FedWP, - author = {Durdu, Ceyhun Bora and Mendoza, Enrique G. and - Terrones, Marco E.}, - title = {Precautionary Demand for Foreign Assets in Sudden - Stop Economies: An Assessment of the New - Mercantilism}, - journal = {FRB International Finance Discussion Paper No. 911}, - year = 2007, - month = {December} -} - -@ARTICLE{duyganTurk94, - author = {Duygan, Burcu}, - title = {Welfare Cost of Financial Crises When Risk-Sharing - Is Imperfect: Evidence from Turkey}, - journal = {Manuscript, European University Institute}, - year = 2006 -} - -@ARTICLE{dkEcRec07, - author = {Nikola Dvornak and Marion Kohler}, - title = {Housing Wealth, Stock Market Wealth and Consumption: - A Panel Analysis for Australia}, - journal = {Economic Record}, - year = 2007, - volume = 83, - pages = {117--130}, - number = 261 -} - -@ARTICLE{dynanDeleveraging, - author = {Dynan, Karen E.}, - title = {Is Household Debt Overhang Holding Back - Consumption?}, - journal = {Brookings Papers on Economic Activity}, - year = 2012, - month = {March}, - note = - {\url{http://www.brookings.edu/~/media/Files/Programs/ES/BPEA/2012_spring_bpea_papers/2012_spri}}, - url = - {http://www.brookings.edu/~/media/Files/Programs/ES/BPEA/2012_spring_bpea_papers/2012_spri} -} - -@ARTICLE{ad85, - author = {Angus Deaton}, - title = {Panel Data from Time Series and Cross Sections}, - year = 1985, - journal = {Journal of Econometrics}, - volume = 30, - pages = {109-26} -} - -@ARTICLE{dynanHabits, - author = {Dynan, Karen E.}, - title = {Habit Formation in Consumer Preferences: Evidence - from Panel Data}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - number = 3, - note = {\url{http://www.jstor.org/stable/117335}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dynanHabits.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dynanHabits.pdf:PDF}, - url = {http://www.jstor.org/stable/117335} -} - -@ARTICLE{dynan:lawrenceiswrong, - author = {Dynan, Karen E.}, - title = {The rate of time preference and shocks to wealth: - evidence from panel data}, - journal = {Economic Activity Section Working Paper no. 134}, - year = 1993, - month = {July} -} - -@ARTICLE{dynan:precautionary, - author = {Dynan, Karen E.}, - title = {How Prudent Are Consumers?}, - journal = {Journal of Political Economy}, - year = 1993, - volume = 101, - pages = {1104--1113}, - number = 6 -} - -@ARTICLE{dk:hhdebt, - author = {Dynan, Karen E. and Kohn, Donald L.}, - title = {The Rise in U.S.\ Household Indebtedness: Causes and - Consequences}, - journal = {Finance and Economics Discussion Series 2007-37}, - year = 2007 -} - -@TECHREPORT{dynanKohnDebt, - author = {Karen E. Dynan and Donald L. Kohn}, - title = {The Rise in U.S. Household Indebtedness: Causes and - Consequences}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2007, - type = {International Finance Discussion Paper}, - number = 37 -} - -@ARTICLE{dynan&maki:stockmarket, - author = {Dynan, Karen E. and Maki, Dean M.}, - title = {Does Stock Market Wealth Matter for Consumption?}, - journal = {Board of Governors of the Federal Reserve System, - Finance and Economics Discussion Papers 23}, - year = 2001 -} - -@ARTICLE{Dynan2012, - author = {Karen Dynan}, - title = {Is a Household Debt Overhang Holding Back - Consumption?}, - journal = {Brookings Papers on Economic Activity}, - year = 2012, - volume = {Spring}, - pages = {299--362}, - owner = {akmaral}, - timestamp = {2014.02.02} -} - -@MISC{DynanMaki:2001, - author = {Dynan, Karen E. and Maki, Dean M.}, - title = {A Primer on the Economics and Time Series - Econometrics of Wealth Effects}, - howpublished = {Finance and Economics Discussion Series - 2001-9. Washington: Board of Governors of the - Federal Reserve System}, - year = 2001, - source = {Washington: Board of Governors of the Federal - Reserve System} -} - -@ARTICLE{dsz:richsave, - author = {Dynan, Karen E. and Skinner, Jonathan S. and Zeldes, - Stephen P.}, - title = {Do the Rich Save More?}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1996 -} - -@INCOLLECTION{easterlin:cult, - author = {Easterlin, Richard}, - title = {Does Economic Growth Improve the Human Lot? Some - Empirical Evidence}, - booktitle = {Nations and Households in Economic Growth. Essays in - Honour of Moses Abramowitz}, - publisher = {Academic Press}, - year = 1974, - address = {New York and London}, - note = - {\url{http://graphics8.nytimes.com/images/2008/04/16/business/Easterlin1974.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/easterlinGrowth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/easterlinGrowth.pdf:PDF}, - url = - {http://graphics8.nytimes.com/images/2008/04/16/business/Easterlin1974.pdf} -} - -@ARTICLE{elNotFactor, - author = {Easterly, William and Levine, Ross}, - title = {What Have We Learned From A Decade Of Empirical - Research On Growth? It's Not Factor Accumulation: - Stylized Facts And Growth Models}, - journal = {The World Bank Economic Review}, - year = 2001, - volume = 15, - pages = {177--219}, - number = 2, - publisher = {World Bank} -} - -@ARTICLE{ekpsLuck, - author = {Easterly, William and Kremer, Michael and Pritchett, - Lant and Summers, Lawrence H.}, - title = {Good Policy or Good Luck?}, - journal = {Journal of Monetary Economics}, - year = 1993, - volume = 32, - pages = {459--483}, - number = 3, - publisher = {Elsevier} -} - -@ARTICLE{abel&eberly:unified, - author = {Eberly, Janice and Abel, Andrew}, - title = {A Unified Model of Investment Under Uncertainty}, - journal = {American Economic Review}, - year = 1994, - volume = 84, - pages = {1369--1384}, - number = 5, - month = {December}, - note = {Available at { - \url{http://ideas.repec.org/a/aea/aecrev/v84y1994i5p1369-84.html}}} -} - -@ARTICLE{eberly:flexible, - author = {Eberly, Janice C.}, - title = {Flexible (S,s) Bands, Uncertainty, and Aggregate - Consumer Durables Purchases}, - journal = {Working Paper, University of Pennsylvania}, - year = 1997 -} - -@ARTICLE{eberly:jpe, - author = {Eberly, Janice C.}, - journal = {Journal of Political Economy}, - year = 1993 -} - -@BOOK{ceaARRAsixth, - title = {The Economic Impact of the American Recovery and - Reinvestment Act of 2009}, - publisher = {Government Printing Office}, - year = 2011, - author = {President's~Council~of~Economic~Advisers}, - address = {Washington, DC}, - month = {March}, - bdsk-url-1 = - {http://www.whitehouse.gov/the-press-office/2011/03/18/cea-releases-sixth-quarterly-report-economic-impact-recovery-act}, - day = 18, - url = - {http://www.whitehouse.gov/the-press-office/2011/03/18/cea-releases-sixth-quarterly-report-economic-impact-recovery-act} -} - -@ARTICLE{EdelsteinEtAl:2004, - author = {Edelstein, Robert H. and Lum, Sau Kim}, - title = {House prices, wealth effects, and the Singapore - macroeconomy}, - journal = {Journal of Housing Economics}, - year = 2004, - volume = 13, - pages = {342--367} -} - -@ARTICLE{edison&slok:neweconomy, - author = {Edison, Hali and k, Torsten Sl{\o}k}, - title = {Wealth Effects and the New Economy}, - journal = {IMF Working Paper 01/77}, - year = 2001 -} - -@ARTICLE{EdwardsCyclical, - author = {Edwards, Ryan D.}, - title = {The Cost of Cyclical Mortality}, - journal = {The B.E. Journal of Macroeconomics (Contributions)}, - year = 2009, - volume = 9, - note = {Available at - {\url{http://www.bepress.com/bejm/vol9/iss1/art7}, - DOI: 10.2202/1935-1690.1729}}, - issue = {1, Article 7} -} - -@MISC{edwards:whysave, - author = {Edwards, Sebastian}, - title = {Why are Saving Rates so Different Across Countries?: - An International Comparative Analysis}, - howpublished = {NBER Working Paper 5097}, - year = 1995 -} - -@TECHREPORT{ecb05b, - author = {Ehrmann, Michael and Fratzscher, Marcel}, - title = {Communication and Decision-making by Central Bank - Committees: Different Strategies, same - Effectiveness?}, - institution = {European Central Bank}, - year = 2005, - type = {European Central Bank Working Paper}, - number = 488 -} - -@TECHREPORT{eissa04, - author = {Eissa, Nada and Kleven, Henrik Jacobsen and Kreiner, - Claus Thustrup}, - title = {Evaluation of Four Tax Reforms in the {U}nited - {S}tates: {L}abor Supply and Welfare Effects for - Single Mothers}, - institution = {National Bureau of Economic Research, Inc}, - year = 2004, - type = {NBER Working Papers}, - number = 10935 -} - -@ARTICLE{elliott:restricted, - author = {Elliott, Graham}, - title = {Estimating Restricted Cointegrating Vectors}, - journal = {Journal of Business and Economic Statistics}, - year = 2000, - volume = 18, - pages = {91--99} -} - -@ARTICLE{elliott:initial, - author = {Elliott, Graham}, - title = {Efficient Tests for a Unit Root When the Initial - Observation is Drawn from its Unconditional - Distribution}, - journal = {International Economic Review}, - year = 1999, - volume = 40, - pages = {767--783}, - number = 3, - month = {August} -} - -@ARTICLE{elliott:almost, - author = {Elliott, Graham}, - title = {On the Robustness of Cointegration Methods When - Regressors Almost Have Unit Roots}, - journal = {Econometrica}, - year = 1998, - volume = 66, - pages = {149--158}, - number = 1, - month = {January} -} - -@ARTICLE{elliottfatas:current, - author = {Elliott, Graham and Fat\`as, Antonio}, - title = {International business cycles and the dynamics of - the current account}, - journal = {European Economic Review}, - year = 1996, - volume = 40, - pages = {361--387} -} - -@ARTICLE{elliottito:hetero, - author = {Elliott, Graham and Ito, Takatoshi}, - title = {Heterogeneous expectations and tests of Efficiency - in the yen/dollar forward exchange rate market}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 43, - pages = {435--456} -} - -@ARTICLE{elliottjansson:stationary, - author = {Elliott, Graham and Jansson, Michael}, - title = {Testing for unit roots with stationary covariates}, - journal = {Journal of Econometrics}, - year = 2003, - volume = 115, - pages = {75--89}, - number = 1, - month = {July} -} - -@ARTICLE{ejp:optimalpower, - author = {Elliott, Graham and Jansson, Michael and Pesavento, - Elena}, - title = {Optimal Power for Testing Potential Cointegrating - Vectors with Known Parameters for Nonstationarity}, - journal = {Working Paper, Department of Economics, University - of California at San Diego}, - year = 2002 -} - -@ARTICLE{ekt:loss, - author = {Elliott, Graham and Komunjer, Ivana and Timmermann, - Allan G.}, - title = {Estimating Loss Function Parameters}, - journal = {CEPR Discussion Paper No. 3821}, - month = {March 2003} -} - -@ARTICLE{elliottstock:nearone, - author = {Elliott, Graham and Stock, James H.}, - title = {Confidence intervals for autoregressive coefficients - near one}, - journal = {Journal of Econometrics}, - year = 2001, - volume = 103, - pages = {155--181}, - number = {1-2} -} - -@ARTICLE{et:forecast, - author = {Elliott, Graham and Timmermann, Allan}, - title = {Optimal Forecast Combinations Under General Loss - Functions and Forecast Error Distributions}, - journal = {Forthcoming, Journal of Forecasting}, - year = 2004 -} - -@ARTICLE{et:regime, - author = {Elliott, Graham and Timmermann, Allan}, - title = {Optimal Forecast Combination Under Regime Switching}, - journal = {Forthcoming, International Economic Review}, - year = 2004 -} - -@ARTICLE{ellison&fudenberg:social, - author = {Ellison, Glen and Fudenberg, Drew}, - title = {Word-of-Mouth Communication and Social Learning}, - journal = {Quarterly Journal of Economics}, - year = 1995, - volume = 110, - pages = {93--125} -} - -@ARTICLE{EngenGruber:UI, - author = {Engen, Eric and Gruber, Jonathan}, - title = {Unemployment Insurance and Precautionary Saving}, - journal = {Journal of Monetary Economics}, - year = 2001, - volume = 47, - pages = {545--579} -} - -@ARTICLE{englund&ioannides:houseprices, - author = {Englund, Peter and Ioannides, Yannis}, - title = {House Price Dynamics: An International Empirical - Perspective}, - journal = {Journal of Housing Economics}, - year = 1997, - volume = 6, - pages = {119--136} -} - -@TECHREPORT{ecb05, - author = {{European Central Bank}}, - title = {Inflation Persistence and Price Setting Behaviour in - the Euro Area}, - year = 2005, - type = {report}, - note = {available at {\footnotesize - \url{http://www.ecb.int/home/pdf/research/inflationpersistencepricesettingreport.pdf}}} -} - -@TECHREPORT{ecb03, - author = {{European Central Bank}}, - title = {Structural Factors in the EU Housing Markets}, - institution = {European Central Bank}, - year = 2003, - type = {report}, - note = {available at {\footnotesize - \url{http://www.ecb.eu/pub/pdf/other/euhousingmarketsen.pdf}}} -} - -@TECHREPORT{elp02, - author = {Evans, Charles L. and Liu, Chin Te and Pham--Kanter, - Genevieve}, - title = {The 2001 Recession and the Chicago Fed National - Activity Index: Identifying Business Cycle Turning - Points}, - institution = {Federal Reserve Bank of Chicago}, - year = 2002, - type = {Economic Perspectives}, - pages = {26--43} -} - -@BOOK{evans&honk:book, - title = {Learning and Expectations in Macroeconomics}, - publisher = {Princeton University Press}, - year = 2001, - author = {Evans, George W. and Honkapohja, Seppo}, - address = {Princeton} -} - -@ARTICLE{evans&honk:survey, - author = {Evans, George W. and Honkapohja, Seppo}, - title = {Learning Dynamics}, - journal = {Manuscript, University of Oregon}, - year = 1999 -} - -@ARTICLE{evansInterestElasticity, - author = {Evans, Owen J.}, - title = {Tax Policy, the Interest Elasticity of Saving, and - Capital Accumulation: Numerical Analysis of - Theoretical Models}, - journal = {The American Economic Review}, - year = 1983, - pages = {398--410}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/evansInterestElasticity.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/evansInterestElasticity.pdf:PDF}, - publisher = {JSTOR} -} - -@ARTICLE{fama:inherit, - author = {Fama, Eugene F.}, - title = {Multiperiod Consumption-Investment Decisions}, - journal = {American Economic Review}, - year = 1970, - volume = 60, - pages = {163--74}, - number = 1 -} - -@ARTICLE{fhnRisk, - author = {Fan, Lin and Hobbs, Benjamin F. and Norman, - Catherine S.}, - title = {Risk Aversion And CO2 Regulatory Uncertainty In - Power Generation Investment: Policy And Modeling - Implications}, - journal = {Journal of Environmental Economics and Management}, - year = 2010, - volume = 60, - pages = {193--208}, - number = 3, - note = {\\ - \url{http://dx.doi.org/10.1016/j.jeem.2010.08.001}}, - doi = {10.1016/j.jeem.2010.08.001}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhnRisk.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhnRisk.pdf:PDF}, - publisher = {Elsevier}, - url = {http://dx.doi.org/10.1016/j.jeem.2010.08.001} -} - -@ARTICLE{faust:robust, - author = {Faust, Jon}, - title = {The Robustness of Identified VAR Conclusions About - Money}, - journal = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1998, - volume = 49, - pages = {207--244} -} - -@ARTICLE{faust:errors, - author = {Faust, Jon and Rogers, John}, - title = {Monetary Policy's Role in Exchange Rate Behavior}, - journal = {Journal of Monetary Economics}, - year = 2003, - volume = 50, - pages = {1403--24}, - number = 7, - month = {October} -} - -@ARTICLE{frsw:identifying, - author = {Faust, Jon and Rogers, John H. and Swanson, Eric and - Wright, Jonathan H.}, - title = {Identifying the Effects Of Monetary Policy Shocks On - Exchange Rates Using High Frequency Data}, - journal = {Journal of the European Economic Association}, - year = 2003, - volume = 1, - pages = {1031--57}, - month = {September} -} - -@ARTICLE{fhw:stigma, - author = {Fay, Scott and Hurst, Erik and White, Michelle}, - title = {The Bankruptcy Decision: Does Stigma Matter?}, - journal = {University of Michigan Working Paper}, - year = 1998, - volume = {98-1} -} - -@ARTICLE{fhp, - author = {Fazzari, Stephen and Hubbard, R. Glenn and Petersen, - Bruce C.}, - title = {Financing Constraints and Corporate Investment}, - journal = {Brookings Papers on Economic Activity}, - year = 1988, - volume = 1988, - pages = {141--206}, - number = 1, - bdsk-url-1 = - {http://links.jstor.org/sici?sici=0007-2303%281988%291988%3A1%3C141%3AFCACI%3E2.0.CO%3B2-O}, - url = - {http://links.jstor.org/sici?sici=0007-2303%281988%291988%3A1%3C141%3AFCACI%3E2.0.CO%3B2-O} -} - -@ARTICLE{flLifeCycleUncert, - author = {Feigenbaum, James and Geng Li}, - title = {Life Cycle Dynamics of Income Uncertainty and - Consumption}, - journal = {B.E. Journal of Macroeconomics}, - year = 2012, - volume = {12: Iss. 1 (Advances), Article 11} -} - -@ARTICLE{flUncert, - author = {Feigenbaum, James and Li, Geng}, - title = {Lifecycle Dynamics of Income Uncertainty and - Consumption}, - year = 2011 -} - -@ARTICLE{feldsteinInfl, - author = {Feldstein, M.}, - title = {{Inflation, tax rules and the stock market* 1}}, - journal = {Journal of Monetary Economics}, - year = 1980, - volume = 6, - pages = {309--331}, - number = 3, - issn = {0304-3932}, - publisher = {Elsevier} -} - -@ARTICLE{feldstein:myopic, - author = {Feldstein, Martin S.}, - title = {The Optimal Level of Social Security Benefits}, - journal = {Quarterly Journal of Economics}, - year = 1985, - volume = 100, - pages = {303--19} -} - -@Article{feldstein:induced, - Title = {Social Security, Induced Retirement, and Aggregate - Capital Formation}, - Author = {Feldstein, Martin S.}, - Journal = {Journal of Political Economy}, - Year = 1974, - Month = {October}, - Note = {Available at { - \url{http://www.jstor.org/stable/1829174}}}, - Number = 4, - Pages = {905--926}, - Volume = 82, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1829174} -} - -@ARTICLE{feldstein&horioka:sequalsi, - author = {Feldstein, Martin S. and Horioka, Charles Y.}, - title = {Domestic Saving and International Capital Flows}, - journal = {Economic Journal}, - year = 1980, - volume = 90, - pages = {314--29}, - month = {June} -} - -@ARTICLE{fernandez-corugedo:softlc, - author = {Fernandez-Corugedo, Emilio}, - title = {Soft Liquidity Constraints and Precautionary - Savings}, - journal = {Manuscript, Bank of England}, - year = 2000 -} - -@ARTICLE{fpb:consumption, - author = {Fernandez-Corugedo, Emilio and Price, Simon and - Blake, Andrew}, - title = {The Dynamics of Consumer's Expenditure: the UK - Consumption ECM Redux}, - journal = {Bank of England Working Paper 204}, - year = 2003 -} - -@TECHREPORT{fpb03, - author = {Fernandez-Corugedo, Emilio and Price, Simon and - Blake, Andrew}, - title = {The Dynamics of Consumers’ Expenditure: The UK - Consumption ECM Redux}, - institution = {Bank of England}, - year = 2003, - type = {working paper}, - number = 204 -} - -@BOOK{fisherInterestTheory, - title = {The Theory of Interest}, - publisher = {MacMillan}, - year = 1930, - author = {Fisher, Irving}, - address = {New York} -} - -@TECHREPORT{fisherEtAl:HsngBooms, - author = {Fisher, Lance A. and Otto, Glenn and Voss, Graham}, - title = {Housing Booms, Non-Financial Wealth and Consumption: - Lessons from the Australian Experience}, - institution = {University of Victoria}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{fishe&idson:infohetero, - author = {Fisher, Raymond P. H. and Idson, Todd L.}, - title = {Information-Induced Heteroscedasticity in Price - Expectations Data}, - journal = {Review of Economics and Statistics}, - year = 1990, - volume = 72, - pages = {304--312}, - number = 2 -} - -@INCOLLECTION{flavinHousingAndWealth, - author = {Flavin, Marjorie}, - title = {Housing and Wealth Portfolios}, - booktitle = {International Encyclopedia of Housing and Home}, - publisher = {Elsevier}, - year = {Forthcoming}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHousingAndWealth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHousingAndWealth.pdf:PDF} -} - -@ARTICLE{flavinHAdjMacro, - author = {Flavin, Marjorie}, - title = {Housing, Adjustment Costs, and Macro Dynamics}, - journal = {CESifo Economics Studies Conference on Housing - Taxation and Regulation, 19–20 November 2010, - Munich}, - year = 2010, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHAdjMacro.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinHAdjMacro.pdf:PDF}, - url = {http://dx.doi.org/10.1093/cesifo/ifr019} -} - -@TECHREPORT{flavinEndogenousRA, - author = {Flavin, Marjorie}, - title = {Housing, Adjustment Costs, and Endogenous Risk - Aversion}, - year = 2009, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinEndogenousRA.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinEndogenousRA.pdf:PDF}, - journal = {Bank of Spain conference on Household Finance and - Macroeconomics, Madrid, 15-16 October, 2009} -} - -@ARTICLE{flavinSmoothness, - author = {Flavin, Marjorie}, - title = {The Excess Smoothness of Consumption: Identification - and Interpretation}, - journal = {The Review of Economic Studies}, - year = 1993, - volume = 60, - number = 3, - month = {June}, - note = {\\ \url{http://www.jstor.org/stable/2298129}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinSmoothness.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinSmoothness.pdf:PDF}, - url = {http://www.jstor.org/stable/2298129} -} - -@ARTICLE{flavinLCorMyopia, - author = {Flavin, Marjorie}, - title = {Excess Sensitivity of Consumption to Current - Income:Liquidity Constraints or Myopia?}, - journal = {NBER Working Paper Number 1314}, - year = 1984, - note = {\\ - \url{http://www.worldcat.org/title/excess-sensitivity-of-consumption-to-current-income-liquidity-constraints-or-myopia/oclc/72446615}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinLCorMypopia.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinLCorMyopia.pdf:PDF}, - url = - {http://www.worldcat.org/title/excess-sensitivity-of-consumption-to-current-income-liquidity-constraints-or-myopia/oclc/72446615} -} - -@TECHREPORT{flavinRobust, - author = {Marjorie A. Flavin}, - title = {The Joint Consumption/Asset Demand Decision: A Case - Study in Robust Estimation}, - institution = {National Bureau of Economic Research}, - year = 1991, - type = {Working Paper}, - number = 3802, - month = {August}, - abstract = {The paper uses a previously unexploited data set -- - the Michigan Survey of Consumer Finances -- to ask - whether the finding that consumption tracks current - income more closely than is consistent with the - permanent income hypothesis can be attributed solely - or partially to borrowing constraints. Using - household data on income and asset stocks, the paper - studies the saving side of the consumption/saving - decision, and thus provides inferences on a - comprehensive concept of consumption. To limit the - influence of outliers, the paper uses a robust - instrumental variables estimator, and argues that - achieving robustness with respect to leverage points - is actually simpler, both conceptually and - computationally, in an instrumental variables - context than in the OLS context. The results - indicate that households do use asset stocks to - smooth their consumption, although this smoothing is - far from complete. However, there is no evidence - that the excess sensitivity of consumption to - current income is caused by borrowing - constraints. Compared to the conventional results, - the robust instrumental variables estimates are more - stable across different subsamples, more consistent - with the theoretical specification of the model, and - indicate that some of the most striking findings in - the conventional results were attributable to a - single, highly unusual observation.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinRobust.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/flavinRobust.pdf:PDF}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w3802} -} - -@Article{flavinSensitive, - Title = {The Adjustment of Consumption to Changing - Expectations About Future Income}, - Author = {Flavin, Marjorie B.}, - Journal = {Journal of Political Economy}, - Year = 1981, - Note = {\\ \url{http://www.jstor.org/stable/1830816}}, - Pages = {974--1009}, - Volume = 89, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1830816} -} - -@ARTICLE{fy00, - author = {Marjorie A. Flavin and Takashi Yamashita}, - title = {Owner-Occupied Housing and the Composition of the - Household Portfolio over the Life-Cycle}, - journal = {American Economic Review}, - year = 2000, - volume = 92, - pages = {345--62} -} - -@TECHREPORT{fn04, - author = {Marjorie Flavin and Shinobu Nakagawa}, - title = {A Model of Housing in the Presence of Adjustment - Costs: A Structural Interpretation of Habit - Persistence}, - institution = {National Bureau of Economic Research}, - year = 2004, - type = {working paper}, - number = 10458 -} - -@ARTICLE{fyHousingLC, - author = {Flavin, Marjorie and Takashi Yamashita}, - title = {Owner-Occupied Housing: Life-Cycle Implications for - the Household Portfolio}, - journal = {American Economic Review: Papers and Proceedings}, - year = 2011, - volume = 101, - pages = {609-–614}, - number = 3, - note = {\\ \url{http://www.aeaweb.org/articles.php?doi= - 10.1257/aer.101.3.609}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingLifeCycle.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingLifeCycle.pdf:PDF}, - url = - {http://www.aeaweb.org/articles.php?doi=10.1257/aer.101.3.609} -} - -@ARTICLE{fyPortfolio, - author = {Flavin, Marjorie and Takashi Yamashita}, - title = {Owner-Occupied Housing: The Role of Collateral - Constraints on the Household Portfolio}, - journal = {Manuscript, UCSD}, - year = 2011, - month = {October}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyPortfolio.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyPortfolio.pdf:PDF} -} - -@ARTICLE{fyHousingHHPortfolio, - author = {Flavin, Marjorie and Yamashita, Takashi}, - title = {Owner-Occupied Housing and the Composition of the - Household Portfolio}, - journal = {The American Economic Review}, - year = 2002, - volume = 92, - pages = {pp.345--362}, - number = 1, - note = {\\ \url{http://www.jstor.org/stable/3083338}}, - copyright = {Copyright © 2002 American Economic Association}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingHHPortfolio.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fyHousingHHPortfolio.pdf:PDF}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={Mar., 2002}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/3083338} -} - -@ARTICLE{FlemingRemolona:whatmoves, - author = {Fleming, Michael and Remolona, Eli}, - title = {What Moves the Bond Market?}, - journal = {Federal Reserve Bank of New York Economic Policy - Review}, - year = 1997, - volume = 3, - pages = {31--50} -} - -@INCOLLECTION{fm00, - author = {Flemming, J.S. and Micklewright, John}, - title = {Income distribution, economic systems and - transition}, - booktitle = {Handbook of Income Distribution}, - publisher = {Elsevier}, - year = 2000, - editor = {Atkinson, Anthony B. and Bourguignon, Frank}, - pages = {843--918}, - address = {Cambridge, MA} -} - -@ARTICLE{fogliPerriMod, - author = {Fogli, Alessandra and Perri, Fabrizio}, - title = {The `Great Moderation' and the U.S.\ External - Imbalance}, - journal = {NBER Working Paper Number w12708}, - year = 2006, - month = {November} -} - -@TECHREPORT{fksvvFDIpty, - author = {Christian Fons-Rosen and Sebnem Kalemli-Ozcan and - Bent E. S{\o}rensen and Carolina Villegas-Sanchez - and Vadym Volosovych}, - title = {Quantifying Productivity Gains from Foreign - Investment}, - institution = {National Bureau of Economic Research}, - year = 2013, - type = {Working Paper}, - number = 18920, - month = {March}, - abstract = {We quantify the causal effect of foreign investment - on total factor productivity (TFP) using a new - global firm-level database. Our identification - strategy relies on exploiting the difference in the - amount of foreign investment by financial and - industrial investors and simultaneously controlling - for unobservable firm and country-sector-year - factors. Using our well identified firm level - estimates for the direct effect of foreign ownership - on acquired firms and for the spillover effects on - domestic firms, we calculate the aggregate impact of - foreign investment on country-level productivity - growth and find it to be very small.}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18920} -} - -@TECHREPORT{fglr04, - author = {Forni, Mario and Giannone, Domenico and Lippi, Marco - and Reichlin, Lucrezia}, - title = {Opening the Black Box: Structural Factor Models - versus Structural VARs}, - institution = {Universit{\'}e Libre de Bruxelles}, - year = 2004, - type = {mimeo} -} - -@BOOKLET{fanniemae:housesize, - title = {Opening the Door to a Home of Your Own}, - author = {Foundation, Fannie Mae}, - address = {Washington, D.C.}, - year = 1997 -} - -@ARTICLE{francisCapitalistSpirit, - author = {Francis, Johanna L.}, - title = {Wealth and the capitalist spirit}, - journal = {Journal of Macroeconomics}, - year = 2009, - volume = 31, - pages = {394--408}, - number = 3, - doi = {10.1016/j.jmacro.2008.10.007}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/francisCapitalistSpirit.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/francisCapitalistSpirit.pdf:PDF}, - issn = {0164-0704}, - keywords = {Capitalist spirit}, - url = - {http://www.sciencedirect.com/science/article/pii/S0164070408000785} -} - -@BOOK{frank:rightpond, - title = {On Choosing the Right Pond: Human Behavior and the - Quest for Status}, - publisher = {Oxford University Press}, - year = 1985, - author = {Frank, Robert H.}, - address = {New York} -} - -@ARTICLE{fratantoni:housing, - author = {Fratantoni, Michael}, - title = {Homeownership, Committed Expenditure Risk, and the - Stockholding Puzzle}, - journal = {Oxford Economic Papers}, - year = 2001, - volume = 53, - pages = {241--259}, - number = 2, - month = {April} -} - -@ARTICLE{fratantoni:empirical, - author = {Fratantoni, Michael C.}, - title = {Homeownership and Investment in Risky Assets}, - journal = {Journal of Urban Economics}, - year = 1998, - volume = 44, - pages = {27--42} -} - -@ARTICLE{fratantoni:equitypremium, - author = {Fratantoni, Michael C.}, - title = {Income Uncertainty and the Equity Premium Puzzle}, - journal = {Manuscript, Johns Hopkins University}, - year = 1998 -} - -@ARTICLE{friedman:extreme, - author = {Friedman, Benjamin M.}, - title = {Optimal Expectations and the Extreme Information - Assumptions of `Rational Expectations' Macromodels}, - journal = {Journal of Monetary Economics}, - year = 1979, - volume = 5, - pages = {23--41} -} - -@ARTICLE{friedmanMoney, - author = {Friedman, Milton}, - title = {The Role of Monetary Policy: Presidential Address to - the American Economic Association}, - journal = {American Economic Review}, - year = 1968, - volume = 58, - pages = {1--15}, - number = 1 -} - -@INCOLLECTION{as-if, - author = {Friedman, Milton}, - title = {Methodology in Positive Economics}, - booktitle = {Essays in Positive Economics}, - publisher = {University Of Chicago Press}, - year = 1966, - pages = {3--43}, - month = {August}, - abstract = {{"}Stimulating, provocative, often infuriating, but - well worth reading.{"}--Peter Newman, Economica - {"}His critical blast blows like a north wind - against the more pretentious erections of modern - economics. It is however a healthy and invigorating - blast, without malice and with a sincere regard for - scientific objectivity.{"}--K.E. Boulding, Political - Science Quarterly {"}Certainly one of the most - engrossing volumes that has appeared recently in - economic theory.{"}--William J. Baumol, Review of - Economics and Statistics}, - bdsk-url-1 = - {http://www.amazon.ca/exec/obidos/redirect?tag=citeulike09-20%5C&path=ASIN/0226264033}, - citeulike-article-id =2716803, - comment = {CHIFLEY HB33.F7}, - howpublished = {Paperback}, - keywords = {agents, economics, file-import-08-04-25, parsimony, - rationality}, - posted-at = {2008-04-25 06:53:12}, - priority = 2, - url = - {http://www.amazon.ca/exec/obidos/redirect?tag=citeulike09-20\&path=ASIN/0226264033} -} - -@INCOLLECTION{friedmanBodkinComments, - author = {Friedman, Milton}, - title = {Comments}, - booktitle = {Consumption and Saving}, - publisher = {University of Pennsylvania Press}, - year = 1960, - address = {Philadelphia} -} - -@techreport{leBlancGeorgarakos:IncomeProcessesInEurope, - author = {Julia {\noopsort{Blanc}}{Le Blanc} and Dimitris - Georgarakos}, - institution = {Goethe University Frankfurt}, - type = {mimeo}, - title = {How Risky Is Their Income? Labor Income Processes in - Europe}, - year = 2013, -} - -@article{fuchsSchuendelnEtAl:IncomeGermany, - author = {Nicola Fuchs-Schuendeln and Dirk Krueger and Mathias - Sommer}, - journal = {Review of Economic Dynamics}, - number = 1, - pages = {103--132}, - title = {Inequality Trends for Germany in the Last Two - Decades: A Tale of Two Countries}, - volume = 13, - year = 2010, -} - -@INCOLLECTION{friedman:windfalls, - author = {Friedman, Milton A.}, - title = {Windfalls, the `Horizon,' and Related Concepts in - the Permanent Income Hypothesis}, - booktitle = {Measurement in Economics}, - publisher = {Stanford University Press}, - year = 1963, - editor = {Christ, Carl}, - pages = {1--28} -} - -@BOOK{friedman:essays, - title = {Essays in Positive Economics}, - publisher = {University of Chicago Press}, - year = 1953, - author = {Friedman, Milton A.}, - address = {Chicago} -} - -@ARTICLE{fs:shock, - author = {Fuchs-Sch{\"}undeln, Nicola}, - title = {The Response of Household Saving to the Large Shock - of German Reunification}, - journal = {Manuscript, Harvard University}, - year = 2007 -} - -@ARTICLE{fs:germany, - author = {Fuchs-Sch{\"}undeln, Nicola and Sch{\"}undeln, - Matthias}, - title = {Precautionary Savings and Self-Selection: Evidence - from the German Reunification {``}Experiment{''}}, - journal = {Quarterly Journal of Economics}, - year = 2005, - volume = 120, - pages = {1085--1120}, - number = 3 -} - -@TECHREPORT{fuh05, - author = {Fuhrer, Jeffrey C.}, - title = {Intrinsic and Inherited Inflation Persistence}, - institution = {Federal Reserve Bank of Boston}, - year = 2005, - type = {Working Paper}, - number = {05-08} -} - -@ARTICLE{fuh00, - author = {Fuhrer, Jeffrey C.}, - title = {Habit Formation in Consumption and Its Implication - for Monetary-Policy Models}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {367--390}, - number = 3 -} - -@ARTICLE{fuhrer:habits, - author = {Fuhrer, Jeffrey C.}, - title = {Habit Formation in Consumption and its Implications - for Monetary Policy Models}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {367--390}, - number = 3, - month = {June}, - note = {\url{http://www.jstor.org/stable/117334}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fuhrerHabits.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fuhrerHabits.pdf:pdf}, - url = {http://www.jstor.org/stable/117334} -} - -@ARTICLE{fuhrer&klein:riskyhabits, - author = {Fuhrer, Jeffrey C. and Klein, Michael W.}, - title = {Risky Habits: On Risk Sharing, Habit Formation, and - the Interpretation of International Consumption - Correlations}, - journal = {NBER Working Paper No. 6735}, - year = 1998 -} - -@ARTICLE{fuhrer&moore:persistence, - author = {Fuhrer, Jeffrey C. and Moore, George R.}, - title = {Inflation Persistence}, - journal = {Quarterly Journal of Economics}, - year = 1995, - volume = 110, - pages = {127--159}, - number = 1 -} - -@BOOK{fullerton&rogers:incidence, - title = {Who Bears the Lifetime Tax Burden}, - publisher = {The Brookings Institution}, - year = 1993, - author = {{Fullerton, Don} and {Diane L. Rogers}}, - address = {Washington, D.C.} -} - -@ARTICLE{futia:invariant, - author = {Futia, Carl A.}, - title = {Invariant Distributions and the Limiting Behavior of - Markovian Economic Models}, - journal = {Econometrica}, - year = 1982, - volume = 50, - pages = {377--408}, - number = 2 -} - -@INPROCEEDINGS{gabaix&laibson:6Dbias, - author = {Gabaix, Xavier and Laibson, David}, - title = {The 6D Bias and the Equity Premium Puzzle}, - booktitle = {NBER Macroeconomics Annual}, - year = 2002, - editor = {Bernanke, Ben and Rogoff, Kenneth}, - pages = {257--312}, - address = {Cambridge, MA}, - publisher = {MIT Press} -} - -@ARTICLE{gabaix&laibson:6d, - author = {Gabaix, Xavier and Laibson, David}, - title = {The 6D Bias and and the Equity Premium Puzzle}, - journal = {NBER Macroeconomics Annual}, - year = 2001, - pages = {257--312} -} - -@TECHREPORT{go04, - author = {Gadzinski, Gregory and Orlandi, Fabrice}, - title = {Inflation Persistence for the EU Countries, the Euro - Area and the US}, - institution = {European Central Bank}, - year = 2004, - type = {ECB working paper}, - number = 414 -} - -@ARTICLE{gakidis:stocksforold, - author = {Gakidis, Haralobos E.}, - title = {Stocks for the Old? Earnings Uncertainty and - Life-Cycle Portfolio Choice}, - journal = {Manuscript, Massachusetts Institute of Technology}, - year = 1998 -} - -@ARTICLE{gali:joneses, - author = {Gal{\'}{i}, Jordi}, - title = {Keeping Up with the Joneses: Consumption - Externalities, Portfolio Choice, and Asset Prices}, - journal = {Journal of Money, Credit, and Banking}, - year = 1994, - volume = 26, - pages = {1--8}, - number = 1 -} - -@ARTICLE{gale:survey, - author = {Gale, Douglas}, - title = {What Have We Learned from Social Learning?}, - journal = {European Economic Review}, - year = 1996, - volume = 40, - pages = {617--628} -} - -@ARTICLE{gale&scholz:intergen, - author = {Gale, William G. and Scholz, John Karl}, - title = {Intergenerational Transfers and the Accumulation of - Wealth}, - journal = {Journal of Economic Perspectives}, - year = 1994, - volume = 8, - pages = {145--160}, - number = 4 -} - -@ARTICLE{gg99, - author = {Gali, Jordi and Gertler, Mark}, - title = {Inflation Dynamics: A Structural Econometric - Approach}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 4, - pages = {195--222}, - number = 2 -} - -@ARTICLE{gm07, - author = {{Galu{\v} s{\v} c{{\'}a}k}, Kamil and M{\"}unich, - Daniel}, - title = {Structural and Cyclical Unemployment: What Can Be - Derived from the Matching Function? (in {E}nglish)}, - journal = {Czech Journal of Economics and Finance (Finance a - uver, ISSN: 0015-1920)}, - year = 2007, - volume = 57, - pages = {102--125}, - number = {3--4} -} - -@ARTICLE{gm05, - author = {{Galu{\v} s{\v} c{{\'}a}k}, Kamil and M{\"}unich, - Daniel}, - title = {Regional Wage Adjustments and Unemployment: - Estimating the Time-Varying Wage Curve (in - {E}nglish)}, - journal = {Czech Journal of Economics and Finance (Finance a - uver, ISSN: 0015-1920)}, - year = 2005, - volume = 55, - pages = {68--82}, - number = {1--2} -} - -@TECHREPORT{gp05, - author = {{Galu{\v} s{\v} c{{\'}a}k}, Kamil and Pavel, Jan}, - title = {Does Work Pay? {I}ncidence of Unemployment and - Inactivity Traps in the {Czech Republic}}, - institution = {Czech National Bank, Prague}, - year = 2005, - type = {mimeo} -} - -@article{10.2307/2728815, - ISSN = {00220515}, - URL = {http://www.jstor.org/stable/2728815}, - author = {Christopher D. Carroll}, - journal = {Journal of Economic Literature}, - number = {4}, - pages = {1881--1882}, - publisher = {American Economic Association}, - reviewed-author = {James H. Gapinski}, - volume = {32}, - year = {1994} -} - -% Version for CV -@article{carroll:reviewgapinsky, - doi = {10.2307/2728815}, - ISSN = {00220515}, - URL = {http://www.jstor.org/stable/2728815}, - author = {James H. Gapinski}, - journal = {Journal of Economic Literature}, - number = {4}, - pages = {1881--1882}, - publisher = {American Economic Association}, - reviewed-author = {James H. Gapinski}, - volume = {32}, - year = {1994}, - note = {Book Review}, - title = {The Economics of Saving} -} - -@ARTICLE{garner:debt, - author = {Garner, C. Alan}, - title = {Can Measures of the Consumer Debt Burden Reliably - Predict an Economic Slowdown?}, - journal = {Federal Reserve Bank of Kansas City}, - year = 1996, - volume = 81, - pages = {63--76}, - number = 4 -} - -@ARTICLE{GarrettEtAl:2004, - author = {Garrett, Thomas A. and Hern\`{a}ndez-Murillo, - Rub\`{e}n and Owyang, Michael T.}, - title = {Does Consumer Sentiment Predict Regional - Consumption?}, - journal = {Federal Reserve Bank of St. Louis Review}, - year = 2004, - volume = 87, - pages = {123--35}, - number = 2, - month = {March} -} - -@ARTICLE{geiregat:jobmarket, - author = {Geiregat, Christopher}, - title = {Banks, Capital Constraints, and Aggregate - Fluctuations}, - journal = {Unpublished Manuscript, Johns Hopkins University}, - year = 2000 -} - -@ARTICLE{gmLossAversion, - author = {Genesove, David and Mayer, Christopher}, - title = {Loss Aversion and Seller Behavior: Evidence from the - Housing Market}, - journal = {The Quarterly Journal of Economics}, - year = 2001, - volume = 116, - pages = 1233, - number = 4, - publisher = {Oxford University Press} -} - -@ARTICLE{gentry&hubbard:wealthysave, - author = {Gentry, William M. and Hubbard, R. Glenn}, - title = {Why Do the Wealthy Save So Much? Saving and - Investment Decisions of Entrepreneurs}, - journal = {Manuscript, Columbia University}, - year = 1998 -} - -@ARTICLE{gfwDisagree, - author = {Gerardi, Kristofer S. and Foote, Christopher L. and - Willen, Pauls S.}, - title = {Reasonable People Did Disagree: Optimism and - Pessimism about the U.S.\ Housing Market Before the - Crash}, - journal = {Public Policy Discussion Paper}, - year = 2010, - publisher = {Federal Reserve Bank of Boston} -} - -@TECHREPORT{ger01, - author = {Gerberding, Christina}, - title = {The Information Content of Survey Data on Expected - Price Developments for Monetary Policy}, - institution = {Deutsche Bundesbank}, - year = 2001, - type = {discussion paper}, - number = 9 -} - -@ARTICLE{goJME, - author = {Ghosh, Atish R. and Ostry, Jonathan D.}, - title = {Macroeconomic Uncertainty, Precautionary Saving, and - the Current Account}, - journal = {Journal of Monetary Economics}, - year = 1997, - volume = 40, - pages = {121--139} -} - -@BOOK{gmw:opt, - title = {Practical Optimization}, - publisher = {Academic Press}, - year = 1981, - author = {{Gill,~P.~E., W.~Murray} and {M.~H.~Wright}}, - address = {New York} -} - -@ARTICLE{Glaeser:1992, - author = {Glaeser, Edward L and Kallal, Hedi D. and - Scheinkman, Jose A. and Shleifer, Andrei}, - title = {Growth in Cities}, - journal = {Journal of Political Economy}, - year = 1992, - volume = 100, - pages = {1126--52}, - number = 6, - month = {December} -} - -@ARTICLE{glick&rogoff:currentacct, - author = {Glick, Reuven and Rogoff, Kenneth S.}, - title = {Global Versus Country-Specific Productivity Shocks - and the Current Account}, - journal = {Journal of Monetary Economics}, - year = 1995, - volume = 35, - pages = {159--192}, - number = 1, - month = {February} -} - -@ARTICLE{gp04, - author = {Golinelli, Roberto and Parigi, Giuseppe}, - title = {Consumer Sentiment and Economic Activity: A Cross - Country Comparison}, - journal = {Journal of Business Cycle Measurement and Analysis}, - year = 2004, - volume = 1, - pages = {147--170}, - number = 2 -} - -@INCOLLECTION{gollier:classical, - author = {Gollier, Christian}, - title = {What Does the Classical Theory Have to Say About - Household Portfolios?}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, - Tullio} -} - -@ARTICLE{GomesMichaelides:optimal, - author = {Gomes, Francisco and Michaelides, Alexander}, - title = {Optimal Life-Cycle Asset Allocation: Understanding - the Empirical Evidence}, - journal = {Journal of Finance}, - year = 2005, - volume = 60, - pages = {869--904}, - number = 2, - month = {April} -} - -@ARTICLE{GomesMichaelides:intl, - author = {Gomes, Francisco and Michaelides, Alexander}, - title = {International Portfolio Choice, Liquidity - Constraints and the Home Equity Bias Puzzle}, - journal = {Journal of Economic Dynamics and Control}, - year = 2003, - volume = 28, - pages = {555--594}, - number = 3, - month = {December} -} - -@ARTICLE{goodman&ittner:houseestimates, - author = {Goodman, J. L. and Ittner, J. B.}, - title = {The Accuracy of Homeowner's Estimates of House - Value}, - journal = {Journal of Housing Economics}, - year = 1992, - volume = 2, - pages = {339--357} -} - -@ARTICLE{gorman1953community, - author = {Gorman, William M.}, - title = {{Community Preference Fields}}, - journal = {Econometrica}, - year = 1953, - volume = 21, - pages = {63--80}, - number = 1, - publisher = {JSTOR} -} - -@ARTICLE{Gorodnichenko:2010tp, - author = {Gorodnichenko, Yuriy and Sabirianova Peter, Klara - and Stolyarov, Dmitriy}, - title = {Inequality and volatility moderation in Russia: - Evidence from micro-level panel data on consumption - and income}, - journal = {Review of Economic Dynamics}, - year = 2010, - volume = 13, - pages = {209--237}, - number = 1, - date-added = {2013-04-07T23:23:14GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{Review_of_Economic_Dynamics_2010_Gorodnichenko.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Gorodnichenko/Review_of_Economic_Dynamics_2010_Gorodnichenko.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Gorodnichenko/Review_of_Economic_Dynamics_2010_Gorodnichenko.pdf}, - rating = 0, - uri = - {\url{papers2://publication/uuid/03D7B199-CBA8-442F-9ACF-E36D895B959D}}, - url = - {http://www.sciencedirect.com/science/article/pii/S1094202509000556} -} - -@ARTICLE{gmEJvarTrends, - author = {Gottschalk, Peter and Moffitt, Robert A.}, - title = {Trends in the Transitory Variance of Earnings in the - United States}, - journal = {Economic Journal}, - year = 2002, - volume = {112(478)}, - pages = {C68-C73}, - month = {March}, - publisher = {Royal Economic Society} -} - -@ARTICLE{gourinchas:gelifecycle, - author = {Gourinchas, Pierre-Olivier}, - title = {Precautionary Savings, the Life Cycle, and - Macroeconomics}, - journal = {Manuscript, Princeton University}, - year = 1999 -} - -@article{gourinchasJeannePuzzle, - title = {Capital Flows to Developing Countries: The Allocation Puzzle}, - author = {Pierre-Olivier Gourinchas and Olivier Jeanne}, - journal = {Review of Economic Studies}, - volume={80}, - pages={1484-1515}, - year = {2013}, -} -@ARTICLE{gourinchasJeannePuzzleNBERWP, - author = {Gourinchas, Pierre-Olivier and Jeanne, Olivier}, - title = {Capital Flows to Developing Countries: The - Allocation Puzzle}, - journal = {NBER Working Paper w13602}, - year = 2007 -} - -@ARTICLE{col, - author = {Pierre-Olivier Gourinchas and Jonathan A. Parker}, - title = {Consumption Over the Lifecycle}, - journal = EMA, - year = 2002, - volume = 70, - pages = {47--89}, - number = 1, - month = {January} -} - -@MISC{bog:flow, - author = {of Governors of the Federal Reserve System, Board}, - title = {Flow of Funds Accounts Financial Assets and - Liabilities, Year-End}, - year = {periodic} -} - -@BOOK{grahamDodd, - title = {Securities Analysis}, - publisher = {McGraw-Hill}, - year = 1934, - author = {Graham, Benjamin and Dodd, David}, - address = {New York} -} - -@INCOLLECTION{grantKeynes, - author = {Grant, Susan}, - title = {Chapter 3. The Key Skills of an Economists}, - booktitle = {Teaching and Assessing Skills in Economics}, - publisher = {Cambridge University Press}, - year = 2009, - note = {Available at - \url{http://assets.cambridge.org/97805215/48250/excerpt/9780521548250_excerpt.pdf}} -} - -@INPROCEEDINGS{gw07, - author = {Green, Richard K. and Wachter, Susan M.}, - title = {The Housing Finance Revolution}, - booktitle = {Housing, Housing Finance and Monetary Policy}, - year = 2007, - pages = {21--67}, - publisher = {Jackson Hole Symposium, Federal Reserve Bank of - Kansas City} -} - -@BOOK{greene:metrixtext, - title = {Econometric Analysis}, - publisher = {Prentice Hall}, - year = 2000, - author = {Greene, William H.}, - edition = 4 -} - -@BOOK{greene:econometrics, - title = {Econometrics}, - publisher = {MacMillan}, - year = 1990, - author = {Greene, William H.}, - address = {New York}, - edition = {Second} -} - -@ARTICLE{greenspan:debt, - author = {Greenspan, Alan}, - title = {Statement to the U.S. House Committee on Ways and - Means, December 18, 1991}, - journal = {Federal Reserve Bulletin}, - year = 1992, - volume = 78, - pages = {122--124}, - number = 2 -} - -@ARTICLE{greenspan&cohen:scrappage, - author = {Greenspan, Alan and Cohen, Darrel}, - title = {Motor Vehicle Stocks, Scrappage, and Sales}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1997 -} - -@TECHREPORT{gk05, - author = {Greenspan, Alan and Kennedy, James}, - title = {Estimates of Home Mortgage Originations, Repayments, - and Debt on One-to-Four-Family Residences}, - institution = {Federal Reserve Board}, - year = 2005, - type = {FEDS working paper}, - number = {2005--41} -} - -@article{gross&souleles:creditcards, - title={Do Liquidity Constraints and Interest Rates Matter for Consumer Behavior? Evidence from Credit Card Data*}, - author={Gross, David B and Souleles, Nicholas S}, - journal={The Quarterly journal of economics}, - volume={117}, - number={1}, - pages={149--185}, - year={2002}, - publisher={Oxford University Press} - } - -@ARTICLE{gross&souleles:bankruptcy, - author = {Gross, David B. and Souleles, Nicholas S.}, - title = {Explaining the Rise in Bankruptcy and Delinquency: - Stigma Versus Risk-Composition}, - journal = {Manuscript, University of Pennsylvania}, - year = 1998 -} - -@ARTICLE{gru04, - author = {Gruber, Joseph W.}, - title = {A Present Value Test of Habits and the Current - Account}, - journal = {Journal of Monetary Economics}, - year = 2004, - volume = 51, - pages = {1495--1507}, - number = 7 -} - -@ARTICLE{grHabits, - author = {Alessandra Guariglia and Mariacristina Rossi}, - title = {Consumption, Habit Formation, and Precautionary - Saving: Evidence from the British Household Panel - Survey}, - journal = {Oxford Economic Papers}, - year = 2002, - volume = 54, - pages = {1--19} -} - -@ARTICLE{gjt:smallPS, - author = {Guiso, Luigi and Jappelli, Tullio and Terlizzese, - Daniele}, - title = {Earnings Uncertainty and Precautionary Saving}, - journal = {Journal of Monetary Economics}, - year = 1992, - volume = 30, - pages = {307--37}, - number = 2 -} - -@ARTICLE{guiso+paiella-risk, - author = {Guiso, Luigi and Paiella, Monica}, - title = {Risk Aversion, Wealth and Background Risk}, - journal = {C.E.P.R. Discussion Papers}, - year = 2001, - number = 2728, - month = mar, - note = {available at - http://ideas.repec.org/p/cpr/ceprdp/2728.html}, - type = {CEPR Discussion Papers} -} - -@ARTICLE{gsz:culture, - author = {Guiso, Luigi and Sapienza, Paola and Zingales, - Luigi}, - title = {Does Culture Affect Economic Outcomes?}, - journal = {Journal of Economic Perspectives}, - year = 2006, - note = {available at - http://ideas.repec.org/p/cpr/ceprdp/5505.html} -} - -@ARTICLE{GuvenenLearning, - author = {Guvenen, Fatih}, - title = {Learning Your Earning: Are Labor Income Shocks - Really Very Persistent?}, - journal = {American Economic Review}, - year = 2007, - volume = 97, - pages = {687--712}, - number = 3 -} - -@Article{gosCyclical, - author = {Fatih Guvenen and Serdar Ozkan and Jae Song}, - title = {{The Nature of Countercyclical Income Risk}}, - journal = {Journal of Political Economy}, - year = 2014, - volume = 122, - number = 3, - pages = {621--660}, - abstract = {This paper studies the cyclical nature of individual - income risk using a confidential dataset from the - U.S. Social Security Administration, which contains - (uncapped) earnings histories for millions of - individuals. The base sample is a nationally - representative panel containing 10 percent of all - U.S. males from 1978 to 2010. We use these data to - decompose individual income growth during recessions - into “between-group” and “within-group” - components. We begin with the behavior of - within-group shocks. Contrary to past research, we - do not find the variance of idiosyncratic income - shocks to be countercyclical. Instead, it is the - left-skewness of shocks that is strongly - countercyclical. That is, during recessions, the - upper end of the shock distribution collapses—large - upward income movements become less likely—whereas - the bottom end expands—large drops in income become - more likely. Thus, while the dispersion of shocks - does not increase, shocks become more left skewed - and, hence, risky during recessions. Second, to - study between-group differences, we group - individuals based on several observable - characteristics at the time a recession hits. One of - these characteristics—the average income of an - individual at the beginning of a business cycle - episode—proves to be an especially good predictor of - fortunes during a recession: prime-age workers that - enter a recession with high average earnings suffer - substantially less compared with those who enter - with low average earnings (which is not the case - during expansions). Finally, we find that the - cyclical nature of income risk is dramatically - different for the top 1 percent compared with all - other individuals—even relative to those in the top - 2 to 5 percent. }, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18035} -} - -@ARTICLE{denHaanMarcet:parameterized, - author = {den Haan, Wouter J and Marcet, Albert}, - title = {Solving the Stochastic Growth Model by - Parameterizing Expectations}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {31--34}, - number = 1, - month = {January}, - note = {Available at - {\url{http://ideas.repec.org/a/bes/jnlbes/v8y1990i1p31-34.html}}} -} - -@ARTICLE{hl:interpreting, - author = {Hahn, Jaehoon and Lee, Hangyong}, - title = {Interpreting the Predictive Power of the - Consumption-Wealth Ratio}, - journal = {University of Washington Working Paper}, - year = 2005 -} - -@ARTICLE{hahn&lee:cwunstable, - author = {Hahn, Jaehoon and Lee, Hangyong}, - title = {On the Estimation of the Consumption-Wealth Ratio: - Cointegrating Parameter Instability and its - Implications for Stock Return Forecasting}, - journal = {Manuscript, Columbia University}, - year = 2001 -} - -@TECHREPORT{hl01, - author = {Jaehoon Hahn and Hangyong Lee}, - title = {On the Estimation of the Consumption-Wealth Ratio: - Cointegrating Parameter Instability and its - Implications for Stock Return Forecasting}, - institution = {Columbia University}, - year = 2001, - type = {mimeo} -} - -@ARTICLE{haliassos&bertaut:fewholdstocks, - author = {Haliassos, Michael and Bertaut, Carol}, - title = {Why Do So Few Hold Stocks?}, - journal = {The Economic Journal}, - year = 1995, - volume = 105, - pages = {1110--1129} -} - -@INCOLLECTION{HaliassosMichaelides:computation, - author = {Haliassos, Michael and Michaelides, Alexander}, - title = {Calibration and Computation of Household Portfolio - Models}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2002, - editor = {Guiso, Luigi and Haliassos, Michael and Japelli, - Tullio}, - chapter = 2, - pages = {55--101} -} - -@ARTICLE{haliassos&michaelides:ier, - author = {Haliassos, Michael and Michaelides, Alexander}, - title = {Portfolio Choice and Liquidity Constraints}, - journal = {International Economic Review}, - year = 2003, - volume = 44, - pages = {143--177}, - number = 1, - note = {available at - http://ideas.repec.org/a/ier/iecrev/v44y2003i1p143-177.html} -} - -@ARTICLE{hrw:relevance, - author = {Hall, Alastair R. and Rudebusch, Glenn D. and - Wilcox, David W.}, - title = {Judging Instrument Relevance In Instrumental - Variables Estimation}, - journal = {International Economic Review}, - year = 1996, - volume = 37, - pages = {283--298}, - number = 2 -} - -@ARTICLE{hall:cweak, - author = {Hall, Robert E.}, - title = {Macro Theory and the Recession of 1990-1991}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {275--279}, - number = 2 -} - -@Article{hallSubstitution, - Title = {Intertemporal Substitution in Consumption}, - Author = {Hall, Robert E.}, - Journal = {Journal of Political Economy}, - Year = 1988, - Note = {Available at - {\url{http://www.stanford.edu/~rehall/Intertemporal-JPE-April-1988.pdf}}}, - Pages = {339-357}, - Volume = {XCVI}, - Owner = {Nic Johnson}, - Url = - {http://www.stanford.edu/~rehall/Intertemporal-JPE-April-1988.pdf} -} - - -@ARTICLE{hall&jones:ptyofnations, - author = {Hall, Robert E. and Jones, Charles I.}, - title = {Why Do Some Countries Produce So Much More Output - per Worker than Others?}, - journal = {Quarterly Journal of Economics}, - year = 1999, - volume = {CXIV}, - pages = {83--116}, - month = {February} -} - -@ARTICLE{hall&jorgenson:i, - author = {Hall, Robert E. and Jorgenson, Dale}, - title = {Tax Policy and Investment Behavior}, - journal = {American Economic Review}, - year = 1967, - volume = 57, - month = {June}, - note = {Available at { - \url{http://www.stanford.edu/~rehall/Tax-Policy-AER-June-1967.pdf}}} -} - -@ARTICLE{hall&mishkin:transitory, - author = {Hall, Robert E. and Mishkin, Frederic}, - title = {The Sensitivity of Consumption to Transitory Income: - Evidence from PSID Households}, - journal = {Econometrica}, - year = 1982, - volume = {L}, - pages = {461--81} -} - -@BOOK{hr95, - title = {The Flat Tax}, - publisher = {Hoover Institution Press}, - year = 1995, - author = {Hall and Rabushka}, - address = {Stanford} -} - -@ARTICLE{hst99, - author = {Ham, John C. and Svejnar, Jan and Terrell, - Katherine}, - title = {Women's Unemployment during Transition}, - journal = {The Economics of Transition}, - year = 1999, - volume = 7, - pages = {47--78}, - number = 1 -} - -@ARTICLE{hst98, - author = {Ham, John C. and Svejnar, Jan and Terrell, - Katherine}, - title = {Unemployment and the Social Safety Net during - Transitions to a Market Economy: Evidence from the - {C}zech and {S}lovak Republics}, - journal = {American Economic Review}, - year = 1998, - volume = 88, - pages = {1117--42}, - number = 5 -} - -@ARTICLE{hhkCoint, - author = {Hamburg, Britta and Hoffmann, Mathias and Keller, - Joachim}, - title = {Consumption, Wealth, and Business Cycles in Germany}, - journal = {Empirical Economics}, - year = 2008, - volume = 34, - pages = {451--476}, - number = 3 -} - -@TECHREPORT{hhk05, - author = {Hamburg, Britta and Hoffmann, Mathias and Keller, - Joachim}, - title = {Consumption, Wealth and Business Cycles in Germany}, - institution = {Deutsche Bundesbank}, - year = 2005, - type = {discussion paper}, - number = 16 -} - -@ARTICLE{hamilton:growthcycles, - author = {Hamilton, James D}, - title = {A New Approach to the Economic Analysis of - Nonstationary Time Series and the Business Cycle}, - journal = {Econometrica}, - year = 1989, - volume = 57, - pages = {357--384}, - month = {March} -} - -@ARTICLE{fhLimitations, - author = {Hamilton, James D. and Marjorie A. Flavin}, - title = {On the Limitations of Government Borrowing: A - Framework for Empirical Testing}, - journal = {The American Economic Review}, - year = 1986, - volume = 76, - pages = {808--819}, - number = 4, - month = {September}, - note = {\\ \url{http://www.jstor.org/stable/1806077}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhGovBorrowing.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/fhGovBorrowing.pdf:PDF}, - url = {http://www.jstor.org/stable/1806077} -} - -@TECHREPORT{han04, - author = {Handjiyska, Boriana}, - title = {Adjustment of Household Inflation Expectations in - Five OECD Countries}, - institution = {Johns Hopkins University}, - year = 2004, - type = {mimeo} -} - -@ARTICLE{han01, - author = {Hansen, Bruce E.}, - title = {The New Econometrics of Structural Change: Dating - Breaks in U.S.\ Labor Productivity}, - journal = {Journal of Economic Perspectives}, - year = 2001, - volume = 15, - pages = {117--28}, - number = 4 -} - -@MISC{hansen:hours, - author = {Hansen, Gary D.}, - title = {Fluctuations in Total Hours Worked: A Study Using - Efficiency Units}, - howpublished = {Working Paper, University of Minnesota}, - year = 1984 -} - -@ARTICLE{hansen&wright, - author = {Hansen, Gary D. and Wright, Randall}, - title = {The Labor Market in Real Business Cycle Theory}, - journal = {Federal Reserve Bank of Minneapol Quarterly Review}, - year = 1992, - volume = 16 -} - -@ARTICLE{hansen:gmm, - author = {Hansen, Lars M.}, - title = {Large Sample Properties of Generalized Method of - Moments Estimators}, - journal = {Econometrica}, - year = 1982, - pages = {1029--1054} -} - -@BOOK{hlp:inequalities, - title = {Inequalities}, - publisher = {Cambridge University Press}, - year = 1967, - author = {Hardy, Godfrey Harold and Littlewood, John E. and - Polya, George}, - edition = {Second} -} - -@ARTICLE{laibsonHarrisInstant, - author = {Harris, Christopher and Laibson, David I.}, - title = {Instantaneous Gratification}, - journal = {Manuscript, Harvard University}, - year = 2004 -} - -@ARTICLE{hjmrTemporal, - author = {Harrison, G.W. and Johnson, E. and McInnes, M.M. and - Rutstr{\"}om, E.E.}, - title = {Temporal stability of estimates of risk aversion}, - journal = {Applied Financial Economics Letters}, - year = 2005, - volume = 1, - pages = {31--35}, - number = 1, - note = - {\url{http://econpapers.repec.org/RePEc:taf:apfelt:v:1:y:2005:i:1:p:31-35}}, - abstract = {Estimates of risk aversion can be obtained from - controlled laboratory experiments. The temporal - stability of those preferences is assumed in many - applications. This assumption is tested by eliciting - risk aversion measures from subjects at two distinct - times. Evidence consistent with the stability - assumption is found.}, - publisher = {Routledge}, - url = - {http://econpapers.repec.org/RePEc:taf:apfelt:v:1:y:2005:i:1:p:31-35} -} - -@ARTICLE{hauseYdyn, - author = {Hause, John C.}, - title = {The Fine Structure of Earnings and the On-the-Job - Training Hypothesis}, - journal = {Econometrica}, - year = 1980, - volume = 48, - pages = {1013--1029}, - number = 4 -} - -@INCOLLECTION{hausmann85, - author = {Hausman, Jerry A.}, - title = {Taxes and labor supply}, - booktitle = {Handbook of Public Economics}, - publisher = {Elsevier}, - year = 1985, - editor = {Auerbach, A. J. and Feldstein, M.}, - volume = 1, - series = {Handbook of Public Economics}, - chapter = 4, - pages = {213--263} -} - -@ARTICLE{hausmanBonus, - author = {Hausman, Joshua K.}, - title = {Fiscal Policy and Economic Recovery: The Case of the - 1936 Veterans’ Bonus}, - journal = {Manuscript, University of California Berkeley}, - year = 2012 -} - -@ARTICLE{hprGrowthAccel, - author = {Hausmann, Ricardo and Pritchett, Lant and Rodrik, - Dani}, - title = {Growth Accelerations}, - journal = {Journal of Economic Growth}, - year = 2005, - volume = 10, - pages = {303--329}, - note = {10.1007/s10887-005-4712-0}, - abstract = {Unlike most cross country growth analyses, we focus - on turning points in growth performance. We look for - instances of rapid acceleration in economic growth - that are sustained for at least 8 years and identify - more than 80 such episodes since the 1950s. Growth - accelerations tend to be correlated with increases - in investment and trade, and with real exchange rate - depreciations. Political-regime changes are - statistically significant predictors of growth - accelerations. External shocks tend to produce - growth accelerations that eventually fizzle out, - while economic reform is a statistically significant - predictor of growth accelerations that are - sustained. However, growth accelerations tend to be - highly unpredictable: the vast majority of growth - accelerations are unrelated to standard determinants - and most instances of economic reform do not produce - growth accelerations.}, - affiliation = {Harvard University John F. Kennedy School of - Government USA USA}, - issn = {1381-4338}, - issue = 4, - keyword = {Business and Economics}, - publisher = {Springer Netherlands}, - url = {http://dx.doi.org/10.1007/s10887-005-4712-0} -} - -@ARTICLE{hprGrowth, - author = {Hausmann, Ricardo, Lant Pritchett and Rodrik, Dani}, - title = {Growth Accelerations}, - journal = {Journal of Economic Growth}, - year = 2005, - volume = 10, - pages = {303--329}, - number = 4 -} - -@BOOK{hayashiEconometrics, - title = {Econometrics}, - publisher = {Princeton University Press}, - year = 2000, - author = {Hayashi, Fumio} -} - -@BOOK{hayashi:understandingsaving, - title = {Understanding Saving : Evidence from the United - States and Japan}, - publisher = {The MIT Press}, - year = 1997, - author = {Hayashi, Fumio}, - address = {Cambridge, Mass} -} - -@ARTICLE{hayashi:japan, - author = {Hayashi, Fumio}, - title = {Japan's Saving Rate: New Data and Reflections,}, - journal = {NBER Working Paper No. 3205}, - year = 1989 -} - -@INCOLLECTION{hayashi:apparently, - author = {Hayashi, Fumio}, - title = {Why Is Japan's Saving Rate So Apparently High?}, - booktitle = {NBER Macroeconomics Annual, 1986}, - publisher = {NBER}, - year = 1986, - address = {Cambridge} -} - -@ARTICLE{hayashi:q, - author = {Hayashi, Fumio}, - title = {Tobin's Marginal Q and Average Q: A Neoclassical - Interpretation}, - journal = {Econometrica}, - year = 1982, - volume = 50, - pages = {213--224}, - number = 1, - month = {January}, - note = {Available at { - \url{http://ideas.repec.org/p/nwu/cmsems/457.html}}} -} - -@ARTICLE{Heathcote:2010tw, - author = {Heathcote, Jonathan and Perri, Fabrizio and - Violante, Giovanni L.}, - title = {{Unequal we stand: An empirical analysis of economic - inequality in the United States, 1967--2006}}, - journal = {Review of Economic Dynamics}, - year = 2010, - volume = 13, - pages = {15--51}, - number = 1, - date-added = {2013-04-07T22:40:16GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{Review_of_Economic_Dynamics_2010_Heathcote.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Heathcote/Review_of_Economic_Dynamics_2010_Heathcote.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Heathcote/Review_of_Economic_Dynamics_2010_Heathcote.pdf}, - rating = 0, - read = {Yes}, - uri = - {\url{papers2://publication/uuid/1A5D107A-FA11-4F35-9730-DD6C33149F12}}, - url = - {http://www.sciencedirect.com/science/article/pii/S1094202509000659} -} - -@ARTICLE{heaton&lucas:hetero, - author = {Heaton, John and Lucas, Deborah J.}, - title = {The Importance of Investor Heterogeneity and - Financial Market Imprefections for the Behavior of - Asset Prices}, - journal = {Manuscript, Northwestern University}, - year = 1994 -} - -@ARTICLE{HeckmanNobel, - author = {Heckman, James J.}, - title = {Micro Data, Heterogeneity, and the Evaluation of - Public Policy: Nobel Lecture}, - journal = {Journal of Political Economy}, - year = 2001, - volume = 109, - pages = {673--748}, - number = 4, - month = {August}, - bdsk-url-1 = - {http://ideas.repec.org/a/ucp/jpolec/v109y2001i4p673-748.html}, - url = - {http://ideas.repec.org/a/ucp/jpolec/v109y2001i4p673-748.html} -} - -@ARTICLE{heck93, - author = {Heckman, James J}, - title = {What Has Been Learned about Labor Supply in the Past - Twenty Years?}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {116--21}, - number = 2 -} - -@ARTICLE{hec79, - author = {Heckman, James J.}, - title = {Sample Selection Bias as a Specification Error}, - journal = {Econometrica}, - year = 1979, - volume = 47, - pages = {153--161}, - number = 1 -} - -@ARTICLE{heckman:life, - author = {Heckman, James J.}, - title = {A Life-Cycle Model of Earnings, Learning, and - Consumption}, - journal = {Journal of Political Economy}, - year = 1976, - volume = 84, - pages = {S11--44}, - number = {4, pt. 2} -} - -@TECHREPORT{ht03, - author = {Helbling, Thomas and Terrones, Marco}, - title = {When Bubbles Burst}, - institution = {International Monetary Fund, April}, - year = 2003, - type = {{World Economic Outlook, 61--94}} -} - -@ARTICLE{orphanides:wardemocracyjpe, - author = {Hess, Gregory D. and Orphanides, Athanasios}, - title = {War and Democracy}, - journal = {Journal of Political Economy}, - year = 2001, - volume = 109, - pages = {776--810}, - number = 4, - month = {August}, - note = {available at - http://ideas.repec.org/a/ucp/jpolec/v109y2001i4p776-810.html} -} - -@ARTICLE{orphanides:warpoliticsaer, - author = {Hess, Gregory D and Orphanides, Athanasios}, - title = {War Politics: An Economic, Rational-Voter Framework}, - journal = {American Economic Review}, - year = 1995, - volume = 85, - pages = {828--46}, - number = 4, - month = {September}, - note = {available at - http://ideas.repec.org/a/aea/aecrev/v85y1995i4p828-46.html} -} - -@ARTICLE{Hess/Shin:1999, - author = {Hess, Gregory D. and Shin, Kwanho}, - title = {Risk sharing by households within and across regions - and industries}, - journal = {Journal of Monetary Economics}, - year = 2000, - volume = 45, - pages = {533--560} -} - -@ARTICLE{Hess/Shin:1998, - author = {Hess, Gregory D. and Shin, Kwanho}, - title = {Intranational business cycles in the United States}, - journal = {Journal of International Economics}, - year = 1998, - volume = 44, - pages = {289--313}, - keywords = {Hess/Shin: 1998} -} - -@ARTICLE{hmsHousingBubbleNo, - author = {Himmelberg, Charles and Mayer, Christopher and - Sinai, Todd}, - title = {Assessing High House Prices: Bubbles, Fundamentals - and Misperceptions}, - journal = {Journal of Economic Perspectives}, - year = 2005, - volume = 19, - pages = {67--92}, - number = 4 -} - -@ARTICLE{hochgurtel:bufferportfolio, - author = {Hochgurtel, Stefan}, - title = {A Buffer Stock Model with Portfolio Choice: - Implications of Income Risk and Liquidity - Constraints}, - journal = {Manuscript, Uppsala University}, - year = 1998 -} - -@ARTICLE{htRates, - author = {Holland, A.~Steven and Toma, Mark}, - title = {The Role of the Federal Reserve as ``Lender of Last - Resort'' and the Seasonal Fluctuation of Interest - Rates}, - journal = {Journal of Money, Credit and Banking}, - year = 1991, - volume = 23, - pages = {659--676}, - number = 4, - month = {November}, - note = {Stable: \url{http://www.jstor.org/stable/1992702}} -} - -@BOOK{holland:adaptation, - title = {Adaptation in Natural and Artificial Systems}, - publisher = {MIT Press}, - year = 1986, - author = {Holland, John H.}, - address = {Cambridge MA} -} - -@ARTICLE{hrj:entrep, - author = {Holtz-Eakin, Douglas and Rosen, Harvey S. and - Joulfaian, David}, - title = {Entrepreneurial Decisions and Liquidity Constraints}, - journal = {RAND Journal of Economics}, - year = 1994, - pages = {334--347}, - month = {Summer} -} - -@ARTICLE{hrj:sticking, - author = {Holtz-Eakin, Douglas and Rosen, Harvey S. and - Joulfaian, David}, - journal = {Journal of Political Economy}, - year = 1994, - volume = 102, - pages = {53--75}, - number = 1, - month = {February} -} -} - -@ARTICLE{horioka:coint, - author = {Horioka, Charles Y.}, - title = {A Cointegration Analysis of the Impact of the Age - Structure of the Population on the Household Saving - Rate in Japan}, - journal = {Review of Economics and Statistics}, - year = 1997, - volume = 79, - pages = {511--516}, - number = 3 -} - -@ARTICLE{horioka&watanabe:whysave, - author = {Horioka, Charles Y. and Watanabe, Wako}, - title = {Why Do People Save? A Micro-Analysis of Motives for - Household Saving in Japan}, - journal = {Economic Journal}, - year = 1997, - volume = 107, - pages = {537--552}, - number = 442 -} - -@INPROCEEDINGS{horowitzBootstrap, - author = {Joel L. Horowitz}, - title = {The Bootstrap}, - booktitle = {Handbook of Econometrics}, - year = 2001, - editor = {James J. Heckman and Edward Leamer}, - volume = 5, - publisher = {Elsevier/North Holland} -} - -@UNPUBLISHED{Horrigan2011, - author = {Mike Horrigan}, - title = {Household Survey Producers Workshop Opening Remarks}, - note = {CNSTAT Panel on the Redesign of the CE, June 1-2}, - month = {June 1-2}, - year = 2011 -} - -@MISC{horriganCNSTAT, - author = {Horrigan, Michael}, - title = {Official Charge to the CNSTAT Panel on Redesign of - the Consumer Expenditure Survey}, - year = 2010, - bdsk-url-1 = {http://www.bls.gov/cex/redpanl1_horrigan.pdf}, - url = {http://www.bls.gov/cex/redpanl1_horrigan.pdf} -} - -@ARTICLE{hsITC, - author = {House, Christopher L. and Shapiro, Matthew D.}, - title = {Temporary Investment Tax Inventives: Theory with - Evidence from Bonus Depreciation}, - journal = {American Economic Review}, - year = 2008, - volume = 98, - pages = {737--768}, - number = 3 -} - -@INCOLLECTION{houthakker:determinants, - author = {Houthakker, Hendrik S.}, - title = {On Some Determinants of Saving in Developed and - Underdeveloped Countries}, - booktitle = {Problems in Economic Development}, - publisher = {MacMillan}, - year = 1965, - editor = {Robinson, E.A.G.}, - address = {London} -} - -@ARTICLE{houthakker:international, - author = {Houthakker, Hendrik S.}, - title = {An International Comparison of Personal Saving}, - journal = {Bulletin of the International Statistical Institute}, - year = 1961, - volume = 38, - pages = {55--60} -} - -@ARTICLE{hoAdaptiveC, - author = {Howitt, Peter and {\"}Omer {\"}Ozak}, - title = {Adaptive Consumption Behavior}, - journal = {Manuscript, Department of Economics, Brown - University}, - year = 2010, - month = {December}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hoAdaptiveC.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hoAdaptiveC.pdf:PDF} -} - -@ARTICLE{how01, - author = {Howrey, Philip E.}, - title = {The Predictive Power of the Index of Consumer - Sentiment}, - journal = {Brookings Papers on Economic Activity}, - year = 2001, - pages = {175--216}, - number = 1 -} - -@INCOLLECTION{hoynes&mcfadden:demographics, - author = {Hoynes, Hilary W. and McFadden, Daniel L.}, - title = {The Impact of Demographics on Housing and Nonhousing - Wealth in the United States}, - booktitle = {The Economic Effects of Aging in the United States - and Japan}, - publisher = {University of Chicago Press for NBER}, - year = 1997, - editor = {Hurd, Michael D. and Naohiro, Yashiro}, - address = {Chicago:} -} - -@INPROCEEDINGS{Hoynes1997, - author = {Hilary W. Hoynes and Daniel L. McFadden}, - title = {The Impact of Demographics on Housing and Nonhousing - Wealth in the United States}, - booktitle = {The Economic Effects of Aging in the United States - and Japan}, - year = 1997, - editor = {Michael D. Hurd and Yashio Naohiro}, - address = {Chicago, IL}, - publisher = {University of Chicago Press for NBER} -} - -@ARTICLE{HryshkoRIP, - author = {Hryshko, Dmytro}, - title = {RIP to HIP: The Data Reject Heterogeneous Labor - Income Profiles}, - journal = {Manuscript, University of Alberta; forthcoming, {\it - Quantitative Economics}}, - year = 2010 -} - -@ARTICLE{hls:shadow, - author = {Hryshko, Dmytro and Luegno-Prado, Maria and - S\/orensen, Bent}, - title = {Childhood Determinants of Risk Aversion: The Long - Shadow of Compulsory Education}, - journal = {Manuscript, Northeastern University}, - year = 2006 -} - -@ARTICLE{hsieh:alaska, - author = {Hsieh, Chang-Tai}, - title = {Do Consumers React to Anticipated Income Changes? - Evidence from the Alaska Permanent Fund}, - journal = {American Economic Review}, - year = 2003, - volume = 99, - pages = {397--405}, - month = {March} -} - -@ARTICLE{huPortfolioHomeowners, - author = {Hu, Xiaoqing}, - title = {Portfolio Choices for Homeowners}, - journal = {Journal of Urban Economics}, - year = 2005, - volume = 58, - pages = {114--136} -} - -@INPROCEEDINGS{hsz:importance, - author = {Hubbard, R. Glenn and Skinner, Jonathan S. and - Zeldes, Stephen P.}, - title = {The Importance of Precautionary Motives for - Explaining Individual and Aggregate Saving}, - booktitle = {The Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - editor = {Meltzer, Allan H. and Plosser, Charles I.}, - volume = 40, - pages = {59--126} -} - -@ARTICLE{hsz:insurance, - author = {Hubbard, R. Glenn and Skinner, Jonathan S. and - Zeldes, Stephen P.}, - title = {Precautionary Saving and Social Insurance}, - journal = {Journal of Political Economy}, - year = 1995, - volume = 103, - pages = {330--399} -} - -@ARTICLE{huggett:higherW, - author = {Huggett, Mark}, - title = {Precautionary Wealth Accumulation}, - journal = {Review of Economic Studies}, - year = 2004, - volume = 71, - pages = {769--781} -} - -@ARTICLE{huggett:wealth, - author = {Huggett, Mark}, - title = {Wealth Distribution in Life Cycle Economies}, - journal = {Journal of Monetary Economics}, - year = 1996, - volume = 38, - pages = {469--494}, - number = 3 -} - -@ARTICLE{huggett:riskfree, - author = {Huggett, Mark}, - title = {The Risk-Free Rate in Heterogeneous-Agents, - Incomplete Markets Economies}, - journal = {Journal of Economic Dynamics and Control}, - year = 1993, - volume = 17, - pages = {953--969} -} - -@ARTICLE{huggett&ventura:understanding, - author = {Huggett, Mark and Ventura, Gustavo}, - title = {Understanding Why High Income Households Save More - Than Low Income Households}, - journal = {Journal of Monetary Economics}, - year = 2000, - volume = 45, - number = 2, - month = {April} -} - -@ARTICLE{hun02, - author = {Hunt, Jennifer}, - title = {The Transition in {E}ast {G}ermany: When Is a - Ten-Point Fall in the Gender Wage Gap Bad News?}, - journal = {Journal of Labor Economics}, - year = 2002, - volume = 20, - pages = {148--169}, - number = 1 -} - -@INCOLLECTION{hrCEvsCAMS, - author = {Hurd, Michael and Susann Rohwedder}, - title = {Measuring Total Household Spending in a Monthly - Internet Survey: Evidence from the American Life - Panel}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2013, - address = {Chicago}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrCEvsCAMS.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrCEvsCAMS.pdf:PDF} -} - -@INCOLLECTION{hrLifeCycleCAMS, - author = {Hurd, Michael and Susann Rohwedder}, - title = {Wealth Dynamics and Active Saving at Older Ages}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {CRIW, University of Chicago Press}, - year = 2013, - address = {Chicago}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrLifeCycleCAMS/Hurd-Rohwedder-with-dynamics-V4.doc:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrLifeCycleCAMS/Hurd-Rohwedder-with-dynamics-V4.doc:DOC} -} - -@ARTICLE{hurd:bequests, - author = {Hurd, Michael D.}, - title = {Savings and Bequests}, - journal = {NBER Working Paper No. 1708}, - year = 1986 -} - -@INCOLLECTION{hrHighFreq, - author = {Hurd, Michael D. and Susann Rohwedder}, - title = {High-frequency Data on Total Household Spending: - Evidence from Monthly ALP Surveys}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\\ - \url{http://www.nber.org/confer/2011/CRIWf11/hurd_CRIW.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrHighFreq.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrHighFreq.pdf:PDF}, - url = - {http://www.nber.org/confer/2011/CRIWf11/hurd_CRIW.pdf} -} - -@ARTICLE{hlkt:precautionary, - author = {Hurst, Erik and Kennickell, Arthur and Lusardi, - Annamaria and Torralba, Francisco}, - title = {Precautionary Savings and the Importance of Business - Owners}, - year = 2005, - number = 11731, - month = Nov, - note = {available at - http://ideas.repec.org/p/nbr/nberwo/11731.html}, - institution = {National Bureau of Economic Research, Inc}, - type = {NBER Working Papers} -} - -@ARTICLE{hurstLusardiJPE, - author = {Hurst, Erik and Lusardi, Annamaria}, - title = {Liquidity Constraints, Household Wealth, and - Entrepreneurship}, - journal = {Journal of Political Economy}, - year = 2004, - volume = 112, - pages = {319--347}, - number = 2, - note = {available at - http://ideas.repec.org/a/ucp/jpolec/v112y2004i2p319-347.html} -} - -@TECHREPORT{iacovielloNeriHousing, - author = {Iacoviello, Matteo and Neri, Stefano}, - title = {Housing Market Spillovers: Evidence from an - Estimated DSGE Model}, - institution = {Boston College}, - year = 2007, - type = {mimeo} -} - - -@ARTICLE{ipsUnitHetero, - author = {Im, Kyung So and Pesaran, M. Hashem and Shin, - Yongcheol}, - title = {Testing for Unit Roots in Heterogeneous Panels}, - journal = {Journal of Econometrics}, - year = 2003, - volume = 115, - pages = {53--74} -} - -@INBOOK{IMFweo2012, - chapter = 3, - title = {World Economic Outlook, 2012}, - publisher = {International Monetary Fund}, - year = 2012, - author = {{International Monetary Fund}}, - month = {April}, - note = {Available at - \url{http://www.imf.org/external/pubs/ft/weo/2012/01/pdf/text.pdf}}, - file = {IMFweo2012.pdf:IMFweo2012.pdf:PDF}, - url = - {\url{http://www.imf.org/external/pubs/ft/weo/2012/01/pdf/text.pdf}} -} - -@TECHREPORT{imf06, - author = {{International Monetary Fund}}, - title = {Japan: Report on the Observance of Standards and - Codes---Data Module, Response by the Authorities, - and Detailed Assessments Using the Data Quality - Assessment Framework (DQAF)}, - institution = {International Monetary Fund}, - year = 2006, - type = {IMF Country Report}, - number = {06/115}, - note = {March} -} - -@ARTICLE{irelandTaking, - author = {Ireland, Peter N.}, - title = {A Method for Taking Models to the Data}, - journal = {Journal of Economic Dynamics and Control}, - year = 2004, - volume = 28, - pages = {1205--1226} -} - -@BOOK{irigoen:solutions, - title = {Solutions Manual for Recursive Methods in Economic - Dynamics}, - publisher = {Harvard University Press}, - year = 2002, - author = {Irigoyen, Claudio and Rossi-Hansberg, Esteban and - Wright, Mark L. J.} -} - -@TECHREPORT{ikk05, - author = {Ivanova, Anna and Keen, Michael and Klemm, - Alexander}, - title = {The Russian Flat Tax Reform}, - institution = {International Monetary Fund, Washington, DC}, - year = 2005, - type = {working paper}, - number = 15 -} - -@ARTICLE{ivd:monetarypolicy, - author = {Ivo, Arnold and Els, Peter Van and de Haan, Jakob}, - title = {Wealth Effects and Monetary Policy}, - journal = {De Nederlandsche Bank Research Memorandum 719}, - year = 2002 -} - -@BOOK{Jacobs:1969, - title = {The Economy of Cities}, - publisher = {New York: Vintage}, - year = 1969, - author = {Jacobs, Jane} -} - -@ARTICLE{Jagannathan:Kubota:Takehara:1998, - author = {Jagannathan, Ravi and Kubota, Keiichi and Takehara, - Hitoshi}, - title = {Relationship between Labor-Income Risk and Average - Return: Empirical Evidence from the Japanese Stock - Market}, - journal = {Journal of Business}, - year = 1998, - volume = 71, - pages = {319--47}, - number = 3, - month = {July} -} - -@INCOLLECTION{jaher:gilded, - author = {Jaher, Frederic Cople}, - title = {The Gilded Elite: American Multimillionaires, 1865 - to the Present}, - booktitle = {Wealth and the Wealthy in the Modern World}, - publisher = {Croon Helm}, - year = 1980, - editor = {Rubinstein, W.~D.~}, - address = {London} -} - -@TECHREPORT{jahoda04, - author = {Jahoda, Robert}, - title = {Interaction of the Social and Tax Systems and Work - Incentives ({I}nterakce socialniho a danoveho - systemu a pracovni pobidky)}, - institution = {VUPSV Praha}, - year = 2004, - type = {Working Paper}, - note = {In Czech} -} - -@ARTICLE{jappelli:whoisconstr, - author = {Jappelli, Tullio}, - title = {Who is Credit Constrained in the U.S. Economy?}, - journal = {Quarterly Journal of Economics}, - year = 1990, - volume = 105, - pages = {219--34}, - number = 1 -} - -@article{jappelliPistaferri_FPMPC, - author = {Jappelli, Tullio and Pistaferri, Luigi}, - title = {Fiscal Policy and MPC Heterogeneity}, - journal = {AEJ: Marcoeconomics}, - volume = 6, - number = 4, - pages = {107--36}, - year = 2014, -} - -@article{JRreserves, -title={The Optimal Level of Reserves for Emerging Market Countries: Formulas and Applications}, -author={Olivier Jeanne and Romain Ranci\`{e}re}, -journal={Economic Journal}, -volume={121}, -number={555}, -pages={905-930}, -year={2011} -} - -@ARTICLE{JRreserves-CEPRWP, - author = {Jeanne, Olivier and Ranci\`ere, Romain}, - title = {The Optimal Level of Reserves for Emerging Market - Countries: a New Formula and Some Applications}, - journal = {CEPR Discussion Paper}, - year = 2008, - number = 6723 -} - -@MISC{jeffersonOLG, - author = {Jefferson, Thomas}, - title = {`The Earth Belongs to the Living': A Letter to James - Madison}, - howpublished = - {\url{http://infomotions.com/etexts/literature/american/1700-1799/jefferson-letters-256.htm}}, - month = {September}, - year = 1789, - address = {Paris}, - day = 6 -} - -@ARTICLE{jensen&shore, - author = {Jensen, Shane T. and Shore, Stephen H.}, - title = {Changes in the Distribution of Income Volatility}, - journal = {Manuscript}, - year = 2008 -} - -@comment{Jermann1998Old} -@comment{jermann:assetpricing} -@comment{jermann:assetPricing} -@ARTICLE{jermannProduction, - author = {Jermann, Urban J.}, - title = {Asset Pricing in Production Economies}, - journal = {Journal of Monetary Economics}, - year = 1998, - volume = 42, - pages = {257--75}, - number = 2, - month = {April} -} - -@INCOLLECTION{johnson&eller:inhtax, - author = {Johnson, Barry and Eller, Marthat Britton}, - title = {Federal Taxation of Inheritance and Wealth - Transfers}, - booktitle = {Turing Administrative Systems into Information - Systems 1996-1997}, - publisher = {Internal Revenue Service}, - year = 1998, - address = {Washington, DC} -} - -@ARTICLE{jpsTax, - author = {Johnson, David S. and Parker, Jonathan A. and - Souleles, Nicholas S.}, - title = {Household Expenditure and the Income Tax Rebates of - 2001}, - journal = {American Economic Review}, - year = 2006, - volume = 96, - pages = {1589--1610}, - number = 5, - month = {December}, - bdsk-url-1 = - {http://ideas.repec.org/a/aea/aecrev/v96y2006i5p1589-1610.html}, - url = - {http://ideas.repec.org/a/aea/aecrev/v96y2006i5p1589-1610.html} -} - -@ARTICLE{jdMetrics, - author = {Johnston, J. and DiNardo, J.}, - title = {Econometric Methods}, - journal = {Econometric Theory}, - year = 2000, - volume = 16, - pages = {139--142} -} - -@ARTICLE{jol02, - author = {Jolliffe, Dean}, - title = {The Gender Wage Gap in {B}ulgaria: A Semiparametric - Estimation of Discrimination}, - journal = {Journal of Comparative Economics}, - year = 2002, - volume = 30, - pages = {276--295}, - number = 2 -} - -@ARTICLE{jmr:opttax, - author = {{Jones, L.~E., Rodolfo E.~Manuelli} and - {P.~E.~Rossi}}, - title = {Optimal Taxation in Models of Endogenous Growth}, - journal = {Journal of Political Economy}, - year = 1993, - volume = 101, - pages = {485--517}, - number = 3 -} - -@ARTICLE{joulfaian:estatetax, - author = {Joulfaian, David}, - title = {The Federal Estate and Gift Tax: Description, - Profile of Taxpayers, and Economic Consequences}, - journal = {Department of the Treasury, Office of Tax Analysis, - OTA Paper 80}, - year = 1998 -} - -@ARTICLE{jedc_ksVolume, - author = {{Journal of Economic Dynamics and Control}}, - title = {Computational Suite of Models with Heterogeneous - Agents: Incomplete Markets and Aggregate - Uncertainty}, - journal = {edited by Wouter J. Den Haan, Kenneth L. Judd, - Michel Juillard}, - year = 2010, - volume = 34, - pages = {1--100}, - number = 1 -} - -@ARTICLE{jwHousing, - author = {G. Donald Jud and Daniel T. Winkler}, - title = {The Dynamics of Metropolitan Housing Prices}, - journal = {Journal of Real Estate Research}, - year = 2002, - volume = 23, - pages = {29--45} -} - -@BOOK{judd:book, - title = {Numerical Methods in Economics}, - publisher = {The MIT Press}, - year = 1998, - author = {Judd, Kenneth L.}, - address = {Cambridge, Massachusetts} -} - -@MISC{judd:stoch, - author = {Judd, Kenneth L.}, - title = {Optimal Taxation in Dynamic Stochastic Economies: - Theory and Evidence}, - howpublished = {Working Paper}, - year = 1990 -} - -@ARTICLE{jur05, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n}, - title = {Gender Segregation and Wage Gap: An {E}ast--{W}est - Comparison}, - journal = {Journal of the European Economic Association}, - year = 2005, - volume = 3, - pages = {598--607}, - number = {2--3} -} - -@ARTICLE{jur03, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n}, - title = {Gender Wage Gap and Segregation in Enterprises and - the Public Sector in Late Transition Countries}, - journal = {Journal of Comparative Economics}, - year = 2003, - volume = 31, - pages = {199--222}, - number = 2 -} - -@ARTICLE{jh07, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n and - Harmgart, Heike}, - title = {When Do Female Occupations Pay More?}, - journal = {Journal of Comparative Economics}, - year = 2007, - volume = 35, - pages = {170--187}, - number = 1 -} - -@TECHREPORT{jz05, - author = {{Jurajda}, {{\v} S}t{{\v} e}p{{{\'}a}}n and - {Zubrick{\'}y}, Jozef}, - title = {Employment Incentives in the {C}zech {R}epublic: - Comparing Current and Proposed Social Support - Systems}, - institution = {CERGE--EI}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{jlss:wealtheffect, - author = {Juster, F. Thomas and Lupton, Joseph and Smith, - James P. and Stafford, Frank}, - title = {The Decline in Household Saving and Wealth Effect}, - journal = {Mimeo, University of Michigan}, - year = 2001 -} - -@TECHREPORT{Juster2001, - author = {F. Thomas Juster and Joseph Lupton and James - P. Smith and Frank Stafford}, - title = {The Decline in Household Saving and Wealth Effect}, - institution = {University of Michigan}, - year = 2001, - type = {mimeo} -} - -@ARTICLE{juststaff91, - author = {Juster, Thomas F and Stafford, Frank P}, - title = {The Allocation of Time: Empirical Findings, - Behavioral Models, and Problems of Measurement}, - journal = {Journal of Economic Literature}, - year = 1991, - volume = 29, - pages = {471--522}, - number = 2 -} - -@BOOK{kahnemanThinking, - title = {Thinking, Fast and Slow}, - publisher = {Farrar, Straus and Giroux}, - year = 2011, - author = {Kahneman, D.}, - note = {\url{http://books.google.com/books?id=SHvzzuCnuv8C}}, - isbn = 9780374275631, - lccn = 2011027143, - url = {http://books.google.com/books?id=SHvzzuCnuv8C} -} - -@ARTICLE{kws:bentham, - author = {Kahneman, Danny and Wakker, Peter P. and Sarin, - Rakesh}, - title = {Back to Bentham? Explorations of Experienced - Utility}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = 112, - pages = {375--406} -} - -@ARTICLE{kcFourthDimension, - author = {Kalton, G. and Citro, C.F.}, - title = {Panel surveys: adding the fourth dimension}, - journal = {Innovation: The European Journal of Social Science - Research}, - year = 1995, - volume = 8, - pages = {25--39}, - number = 1, - publisher = {Taylor and Francis} -} - -@ARTICLE{krBoE, - author = {Kamath, Kishore and Kate Reinhold}, - title = {The Financial Position of British Households: - Evidence from the 2011 NMG Consulting Survey}, - journal = {Bank of England Quarterly Bulletin}, - year = 2011, - month = {Q4} -} - -@ARTICLE{kwb:dynamics, - author = {Kapteyn, Arie and Wansbeek, Tom J. and Buyze, J.}, - title = {The Dynamics of Preference Formation}, - journal = {Journal of Economic Behavior and Organization}, - year = 1980, - volume = 1, - pages = {123--157} -} - -@ARTICLE{Karahan:2012gm, - author = {Karahan, Fatih and Ozkan, Serdar}, - title = {{On the persistence of income shocks over the life - cycle: Evidence, theory, and implications}}, - journal = {Review of Economic Dynamics}, - year = 2012, - pages = {1--25}, - month = aug, - abstract = {Review of Economic Dynamics, - 10.1016/j.red.2012.08.001}, - date-added = {2013-04-07T22:40:13GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - doi = {10.1016/j.red.2012.08.001}, - file = - {{Review_of_Economic_Dynamics_2012_Karahan.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Karahan/Review_of_Economic_Dynamics_2012_Karahan.pdf:application/pdf}}, - keywords = {Idiosyncratic earnings risk, Incomplete markets - models, Earnings persistence, Consumption insurance}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Karahan/Review_of_Economic_Dynamics_2012_Karahan.pdf}, - rating = 0, - uri = - {\url{papers2://publication/doi/10.1016/j.red.2012.08.001}}, - url = {http://dx.doi.org/10.1016/j.red.2012.08.001} -} - -@ARTICLE{ksw:liabs, - author = {Kasten, Richard and Sammartino, Frank and Weiner, - David}, - title = {Estimates of Federal Tax Liabilities for Individuals - and Families By Income Category and Family Type for - 1995 and 1999}, - journal = {Congressional Budget Office, Report to the House and - Senate Budget Committees and the House Ways and - Means Committee}, - year = 1998, - note = {Avilable at - http://www.cbo.gov/showdoc.cfm?index=527\&sequence=0\&from=1 - as of May 23, 2000} -} - -@ARTICLE{kazarosian:restat, - author = {Kazarosian, Mark}, - title = {Precautionary Savings -- A Panel Study}, - journal = {Review of Economics and Statistics}, - year = 1997, - volume = 79, - pages = {241--247}, - number = 2 -} - -@TECHREPORT{keen05, - author = {Keen, Benjamin D.}, - title = {Sticky Price and Sticky Information Price Setting - Models: What is the Difference?}, - institution = {University of Oklahoma}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{KennickellLusardiDisentangling, - author = {Kennickell, Arthur and Lusardi, Annamaria}, - title = {Disentangling the Importance of the Precautionary - Saving Motive}, - journal = {Working Paper, Dartmouth College}, - year = 2005, - month = {December} -} - -@TECHREPORT{kennickellCurrents, - author = {Kennickell, Arthur B.}, - title = {Currents and Undercurrents: Changes in the - Distribution of Wealth, 1989-2004}, - institution = {Federal Reserve Board}, - year = 2006, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2001.10.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2001.10.pdf}}, - month = {June} -} - -@TECHREPORT{Kennickell:1998, - author = {Kennickell, Arthur B.}, - title = {List Sample Design for 1998 Survey of Consumer - Finances}, - institution = {Federal Reserve Board}, - year = 2006, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/listsample.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/listsample.pdf}} -} - -@TECHREPORT{KennickellB:2006, - author = {Kennickell, Arthur B.}, - title = {How Do We Know If We Aren't Looking? An - Investigation Of Data Quality in the 2004 SCF}, - institution = {Federal Reserve Board}, - year = 2006, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/asa2006.3.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/asa2006.3.pdf}}, - month = {September} -} - -@TECHREPORT{Kennickell:2003, - author = {Kennickell, Arthur B.}, - title = {A Rolling Tide: Changes in the Distribution of - Wealth in the U.S., 1989-2001}, - institution = {Federal Reserve Board}, - year = 2003, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2004.5.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/concentration.2004.5.pdf}} -} - -@ARTICLE{kennickell:wealth, - author = {Kennickell, Arthur B.}, - title = {An Examination of Changes in the Distribution of - Wealth From 1989 to 1998: Evidence from the Survey - of Consumer Finances}, - journal = {Manuscript Prepared for Conference on Saving, - Intergenerational Transfers, and the Distribution of - Wealth, Bard College, June 7-9, 2000}, - year = 2000 -} - -@TECHREPORT{Kennickell:1999, - author = {Kennickell, Arthur B.}, - title = {Revisions to the SCF Weighting Methodology: - Accounting for Race/Ethnicity and Homeownership}, - institution = {Federal Reserve Board}, - year = 1999, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/weight.revision.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/weight.revision.pdf}} -} - -@ARTICLE{kennickell&lusardi:scfquestions, - author = {Kennickell, Arthur B. and Lusardi, Annamaria}, - title = {Assessing the Importance of the Precautionary Saving - Motive: Evidence from the 1995 SCF}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1999 -} - -@ARTICLE{scf:focusgroup, - author = {{Kennickell, Arthur B.}, {Martha Starr-McCluer} and - {Annika Sunden}}, - title = {Saving and Financial Planning: Some Findings from a - Focus Group}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 1995 -} - -@ARTICLE{kermack&mckendrick:disease, - author = {Kermack, W. O. and McKendrick, A. G.}, - title = {Contributions to the Mathematical Theory of - Epidemics}, - journal = {Proceedings of the Royal Academy of Sciences A}, - year = 1927, - volume = 115, - pages = {700--721} -} - -@BOOK{keynes:generaltheory, - title = {The General Theory of Employment, Interest, and - Money}, - publisher = {Harcourt, Brace}, - year = 1936, - author = {Keynes, John Maynard} -} - -@ARTICLE{wealthLit, - author = {Khalifa, Sherif}, - title = {Brief Summaries of Principal Papers on Housing - Wealth Effects}, - journal = {Manuscript, Johns Hopkins University}, - year = 2004, - month = {January}, - note = {Available at { - \url{https://www.econ2.jhu.edu/people/ccarroll/wealthLit.html}}}, - howpublished = {url} -} - -@ARTICLE{kz06, - author = {Hashmat Khan and Zhenhua Zhu}, - title = {Estimates of the Sticky-Information Phillips Curve - for the United States}, - journal = {Journal of Money, Credit and Banking}, - year = 2006, - volume = 38, - pages = {195--207}, - number = 1 -} - -@TECHREPORT{kz02, - author = {Hashmat Khan and Z. Zhu}, - title = {Estimates of the Sticky Information Phillips Curve - for the United States, Canada, and the United - Kingdom}, - institution = {Bank of Canada}, - year = 2002, - type = {working paper}, - volume = 19 -} - -@ARTICLE{khwajaMianTracing, - author = {Khwaja, Asim Ijaz and Mian, Atif}, - title = {Tracing the Impact of Bank Liquidity Shocks: - Evidence from an Emerging Market}, - journal = {Manuscript, Kennedy School of Government, Harvard - University}, - year = 2008 -} - -@TECHREPORT{kiley05, - author = {Michael T. Kiley}, - title = {A Quantitative Comparison of Sticky-Price and - Sticky-Information Models of Price Setting}, - institution = {Federal Reserve Board}, - year = 2005, - type = {mimeo} -} - -@BOOK{killingsworth83, - title = {Labor supply}, - publisher = {Cambridge: Cambridge University Press}, - year = 1983, - author = {Killingsworth, Mark R.} -} - -@ARTICLE{kim, - author = {Kim, Jinill and Kim, Sunghyun Henry and Kollmann, - Robert}, - title = {Solving the Incomplete Market Model with Aggregate - Uncertainty Using a Perturbation Method}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {50--58}, - number = 1, - month = {January} -} - -@ARTICLE{kimball:standardra, - author = {Kimball, Miles S.}, - title = {Standard Risk Aversion}, - journal = {Econometrica}, - year = 1993, - volume = 61, - pages = {589--611}, - number = 3, - month = may -} - -@ARTICLE{kimball:mpc, - author = {Kimball, Miles S.}, - title = {Precautionary Saving and the Marginal Propensity to - Consume}, - journal = {NBER Working Paper Number 3403}, - year = 1990 -} - -@ARTICLE{kimball:smallandlarge, - author = {Kimball, Miles S.}, - title = {Precautionary Saving in the Small and in the Large}, - journal = {Econometrica}, - year = 1990, - volume = 58, - pages = {53--73} -} - -@ARTICLE{kimball&mankiw:timing, - author = {Kimball, Miles S and Mankiw, N Gregory}, - title = {Precautionary Saving and the Timing of Taxes}, - journal = {Journal of Political Economy}, - year = 1989, - volume = 97, - pages = {863--79}, - number = 4, - month = {August}, - bdsk-url-1 = - {http://ideas.repec.org/a/ucp/jpolec/v97y1989i4p863-79.html}, - url = - {http://ideas.repec.org/a/ucp/jpolec/v97y1989i4p863-79.html} -} - -@ARTICLE{kssImputing, - author = {Kimball, Miles S. and Sahm, Claudia R. and Shapiro, - Matthew D.}, - title = {Imputing Risk Tolerance from Survey Responses}, - journal = {Journal of the American Statistical Association}, - year = 2008, - volume = 103, - pages = {1028--1038}, - number = 483, - note = - {\url{http://pubs.amstat.org/doi/pdf/10.1198/016214508000000139}}, - abstract = {Economic theory assigns a central role to risk - preferences. This article develops a measure of - relative risk tolerance using responses - tohypothetical income gambles in the Health and - Retirement Study. In contrast to most survey - measures that produce an ordinal metric, thisarticle - shows how to construct a cardinal proxy for the risk - tolerance of each survey respondent. The article - also shows how to accountfor measurement error in - estimating this proxy and how to obtain consistent - regression estimates despite the measurement - error. The risktolerance proxy is shown to explain - differences in asset allocation across households.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kssImputing.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kssImputing.pdf:PDF}, - publisher = {ASA}, - url = - {http://pubs.amstat.org/doi/pdf/10.1198/016214508000000139} -} - -@ARTICLE{KimballWeil:Poss, - author = {Kimball, Miles S. and Weil, Philippe}, - title = {Precautoinary Saving and Consumption Smoothing - Across Time and Possibilities}, - journal = {Manuscript, University of Michigan}, - year = 2004, - month = {September} -} - -@BOOK{kindleberger, - title = {Manias, Panics, and Crashes: A History of Financial - Crises}, - publisher = {Wiley}, - year = 2005, - author = {Kindleberger, Charles P.}, - note = {5th Edition} -} - -@ARTICLE{king&leape:ageinfo, - author = {King, Mervyn and Leape, Jonathan}, - title = {Asset Accumulation, Information, and the Life Cycle}, - journal = {NBER Working Paper No. 2392}, - year = 1984 -} - -@INPROCEEDINGS{klCapital, - author = {King, Robert G. and Levine, Ross}, - title = {Capital Fundamentalism, Economic Development, and - Economic Growth}, - booktitle = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - volume = 40, - pages = {259--292}, - organization = {Elsevier} -} - -@ARTICLE{kpr:prodn, - author = {King, Robert G. and Plosser, Charles I. and Rebelo, - Sergio T.}, - title = {Production, Growth, and Business Cycles, {I}: The - Basic Neoclassical Model and {II}: New Directions}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 21, - pages = {195--232 and309--341}, - number = {2/3} -} - -@ARTICLE{king&rebelo:trans, - author = {King, Robert G. and Rebelo, Sergio T.}, - title = {Transitional Dynamics and Economic Growth in the - Neoclassical Model}, - journal = {American Economic Review}, - year = 1993, - volume = 83, - pages = {908--931}, - number = 4, - note = {Available at { - \url{http://ideas.repec.org/a/aea/aecrev/v83y1993i4p908-31.html}}} -} - -@ARTICLE{king&levine:crcs, - author = {{King, Robert G.} and {Levine, Ross E.}}, - title = {Capital Fundamentalism}, - journal = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - volume = 40, - month = {June} -} - -@ARTICLE{king&rebelo:neo, - author = {{King, Robert G.} and {Sergio T. Rebelo}}, - title = {Public Policy and Economic Growth: Developing the - Neoclassical Implications}, - journal = {Journal of Political Economy}, - year = 1990, - volume = 98, - pages = {S126--S150}, - number = {5, pt 2} -} - -@ARTICLE{kirman1992whom, - author = {Kirman, Alan P.}, - title = {{Whom or What Does the Representative Individual - Represent?}}, - journal = {The Journal of Economic Perspectives}, - year = 1992, - volume = 6, - pages = {117--136}, - number = 2, - publisher = {JSTOR} -} - -@ARTICLE{klenow&r-c:toofar, - author = {Klenow, Peter J. and Rodr{\'}{i}guez-Clare, - Andr{\'}{e}s}, - title = {The Neoclassical Revival in Growth Economics: Has It - Gone Too Far?}, - journal = {NBER Macroeconomics Annual, 1997}, - year = 1997, - pages = {73--103} -} - -@ARTICLE{kocherlakota:stillapuzzle, - author = {Kocherlakota, Narayana}, - title = {The Equity Premium: It's Still a Puzzle}, - journal = {Journal of Economic Literature}, - year = 1996, - volume = {XXXIV}, - number = 1, - month = {March} -} - -@INCOLLECTION{knvSurveyVsAdminSweden, - author = {Koijen, Ralph and Stijn van Nieuwerburgh and Roine - Vestman}, - title = {Judging the Quality of Survey Data by Comparison - with ``Truth'' as Measured By Administrative - Records: Evidence from Sweden}, - booktitle = {Improving the Measurement of Household Expenditures}, - publisher = {University of Chicago Press}, - year = 2013, - address = {Chicago}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvSurveyVsAdminSweden.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvSurveyVsAdminSweden.pdf:PDF} -} - -@INCOLLECTION{knvAdminSurveySweden, - author = {Koijen, Ralph and Stijn Van Nieuwerburgh and Roine - Vestman}, - title = {Judging the Quality of Survey Data by Comparison - with ``Truth'' as Measured By Administrative - Records: Evidence from Sweden}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\\ - \url{http://nber.org/confer/2011/CRIWf11/Koijen_Van_Nieuwerburgh_Vestman.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvAdminSurveySweden.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/knvAdminSurveySweden.pdf:PDF}, - url = - {http://www.nber.org/confer/2011/CRIWf11/Koijen_Van_Nieuwerburgh_Vestman.pdf} -} - -@INCOLLECTION{knvTruth, - author = {Koijen, Ralph and S. Van Nieuwerburgh and Roine - Vestman}, - title = {Judging the Quality of Survey Data by Comparison - with Truth as Measured By Administrative Records: - Evidence from Sweden}, - booktitle = {Forthcoming in {\it Improving the Measurement of - Household Expenditures}}, - publisher = {Chicago: University of Chicago Press}, - year = 2013, - editors = {Christopher Carroll, Thomas Crossley, and John - Sabelhaus} -} - -@INCOLLECTION{koopmans:growth, - author = {Koopmans, Tjalling C.}, - title = {On the concept of optimal economic growth}, - booktitle = {(Study Week on the) Econometric Approach to - Development Planning}, - publisher = {North-Holland Publishing Co., Amsterdam}, - year = 1965, - chapter = 4, - pages = {225--87} -} - -@ARTICLE{kssInequalitySince1937, - author = {Kopczuk, Wojciech and Emmanuel Saez and Jae Song}, - title = {Earnings Inequality and Mobility in the United - States: Evidence from Social Security Data since - 1937*}, - journal = {Quarterly Journal of Economics}, - year = 2010, - volume = 125, - pages = {91--128}, - number = 1, - publisher = {MIT Press} -} - -@ARTICLE{kopecky2010finite, - author = {Kopecky, Karen A. and Suen, Richard M.H.}, - title = {Finite State Markov-Chain Approximations To Highly - Persistent Processes}, - journal = {Review of Economic Dynamics}, - year = 2010, - volume = 13, - pages = {701--714}, - number = 3, - note = - {\url{http://www.karenkopecky.net/RouwenhorstPaper.pdf}}, - bdsk-url-1 = {http://www.karenkopecky.net/RouwenhorstPaper.pdf}, - publisher = {Elsevier}, - url = {http://www.karenkopecky.net/RouwenhorstPaper.pdf} -} - -@TECHREPORT{kor05, - author = {Korenok, Oleg}, - title = {Empirical Comparison of Sticky Price and Sticky - Information Models}, - institution = {Virginia Commonwealth University}, - year = 2005, - type = {mimeo} -} - -@BOOK{kotlikoff&smith:pensions, - title = {Pensions in the American Economy}, - publisher = {University of Chicago Press}, - year = 1983, - author = {Kotlikoff, Laurence J. and Smith, Daniel E.} -} - -@ARTICLE{kotlikoff&summers:wealth, - author = {Kotlikoff, Laurence J. and Summers, Lawrence H.}, - title = {The Role of Intergenerational Transfers in Aggregate - Capital Accumulation}, - journal = {Journal of Public Economics}, - year = 1981, - volume = 89, - pages = {706--32}, - number = 4 -} - -@TECHREPORT{ko05, - author = {Krajcir, Zdenko and Ludovit, Odor}, - title = {First Year of the Tax Reform, or 19 Percent at Work - (Prvy rok danovej reformy alebo 19\%\ v akcii)}, - institution = {Institut financnej politiky, Ministerstvo financii - SR, Bratislava}, - year = 2005, - type = {working paper}, - number = 8, - note = {in Slovak} -} - -@ARTICLE{krebs:qje, - author = {Krebs, Tom}, - title = {Human Capital Risk And Economic Growth}, - journal = {The Quarterly Journal of Economics}, - year = 2003, - volume = 118, - pages = {709--744}, - number = 2, - month = {May}, - note = {available at - http://ideas.repec.org/a/tpr/qjecon/v118y2003i2p709-744.html} -} - -@ARTICLE{krebs:red, - author = {Krebs, Tom}, - title = {Growth and Welfare Effects of Business Cycles in - Economies with Idiosyncratic Human Capital Risk}, - journal = {Review of Economic Dynamics}, - year = 2003, - volume = 6, - pages = {846--868}, - number = 4, - month = {October}, - note = {available at - http://ideas.repec.org/a/red/issued/v6y2002i2p846-868.html} -} - -@ARTICLE{krebs:jmathe, - author = {Krebs, Tom}, - title = {Endogenous probabilities and the information - revealed by prices}, - journal = {Journal of Mathematical Economics}, - year = 2001, - volume = 36, - pages = {1--18}, - number = 1, - month = 9, - note = {available at - http://ideas.repec.org/a/eee/mateco/v36y2001i1p1-18.html} -} - -@ARTICLE{krebs:econlett, - author = {Krebs, Tom}, - title = {Information and asset prices in complete markets - exchange economies}, - journal = {Economics Letters}, - year = 1999, - volume = 65, - pages = {75--83}, - number = 1, - month = 10, - note = {available at - http://ideas.repec.org/a/eee/ecolet/v65y1999i1p75-83.html} -} - -@ARTICLE{krebs:jet, - author = {Krebs, Tom}, - title = {Statistical Equilibrium in One-Step Forward Looking - Economic Models}, - journal = {Journal of Economic Theory}, - year = 1997, - volume = 73, - pages = {365--394}, - number = 2, - month = 4, - note = {available at - http://ideas.repec.org/a/eee/jetheo/v73y1997i2p365-394.html} -} - -@ARTICLE{Maloney:2007vd, - author = {Tom Krebs and Pravin Krishna and William Maloney}, - title = {Human Capital, Trade Liberalization, and Income - Risk}, - journal = {Research Working papers}, - year = 2007, - abstract = {Abstract: Using data from Mexico, the authors study - empirically the link between trade policy and - individual income risk and the extent to which this - varies across workers of different human capital - (education) levels. They use longitudinal income - data on workers to ...}, - date-added = {2013-04-07T22:40:17GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{2007_Maloney.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2007/Maloney/2007_Maloney.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2007/Maloney/2007_Maloney.pdf}, - rating = 0, - uri = - {\url{papers2://publication/uuid/108309CC-3CD5-4F25-A62F-BF62FF0D7B50}}, - url = - {http://www.ingentaconnect.com/content/wb/wps4301/2007/00000001/00000001/art04276} -} - -@TECHREPORT{leth-petersen:liquidity, - author = {Claus Thustrup Kreiner and David Dreyer Lassen and - {S\o ren} Leth-Petersen}, - title = {Heterogeneous Responses and Aggregate Impact of the - 2001 Income Tax Rebates}, - institution = {CEPR}, - year = 2012, - type = {discussion paper}, - number = 9161 -} - -@INCOLLECTION{kllSurveyVsAdminDenmark, - author = {Kreiner, Claus Thustrup and David Dreyer Lassen and - S{\o}ren Leth-Petersen}, - title = {Examples of Combining Administrative Records and - Survey Data in Validation Studies}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = - {\url{http://www.nber.org/confer/2011/CRIWf11/Leth-Petersen.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kllSurveyVsAdminDenmark.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/kllSurveyVsAdminDenmark.pdf:PDF}, - url = - {http://www.nber.org/confer/2011/CRIWf11/Leth-Petersen.pdf} -} - -@ARTICLE{kreinin:mpc, - author = {Kreinin, Mordecai E.}, - title = {Windfall Income and Consumption: Additional - Evidence}, - journal = {American Economic Review}, - year = 1961, - volume = 51, - pages = {388--390} -} - -@ARTICLE{kremer:unionsasdisease, - author = {Kremer, Michael}, - title = {An Epidemiological Model of Unions}, - journal = {Manuscript, Harvard University}, - year = 2000 -} - -@ARTICLE{KrepsPorteus:Prefs, - author = {Kreps, David M. and Porteus, Evan L.}, - title = {Temporal Resolution of Uncertainty and Dynamic - Choice Theory}, - journal = {Econometrica}, - year = 1978, - volume = 46, - pages = {185--200}, - month = {January} -} - -@ARTICLE{kpInequality, - author = {Krueger, Dirk and Perri, Fabrizio}, - title = {Does Income Inequality Lead to Consumption - Inequality? Evidence and Theory}, - journal = {The Review of Economic Studies}, - year = 2006, - volume = 73, - pages = {163--193}, - number = 1, - publisher = {Oxford University Press} -} - -@Misc{krugmanHistory, - Title = {Economics in the Crisis}, - Author = {Krugman, Paul}, - HowPublished = {Commencement Address, University of Lisbon}, - Month = {March}, - Note = - {\url{http://krugman.blogs.nytimes.com/2012/03/05/economics-in-the-crisis/}}, - Year = 2012, - file = {krugmanHistory.pdf:krugmanHistory.pdf:PDF}, - Owner = {Nic Johnson}, - Url = - {http://krugman.blogs.nytimes.com/2012/03/05/economics-in-the-crisis/} -} - -@ARTICLE{krugmanPostmodern, - author = {Krugman, Paul}, - title = {Postmodern Business Cycles}, - journal = {New York Times}, - year = 2012, - month = {January}, - note = {\url{http://krugman.blogs.nytimes.com/2012/01/27/postmodern-business-cycles/}}, - url = {http://krugman.blogs.nytimes.com/2012/01/27/postmodern-business-cycles/} -} - -@MISC{krugmanDarkAgeBlog, - author = {Krugman, Paul}, - title = {A Dark Age of Macroeconomics}, - howpublished = - {\url{http://krugman.blogs.nytimes.com/2009/01/27/a-dark-age-of-macroeconomics-wonkish/}}, - year = 2009, - journal = {New York Times}, - number = {January 27}, - type = {Blog} -} - -@ARTICLE{krugmanThoughts, - author = {Krugman, Paul}, - title = {Thoughts About Thinking}, - journal = {The Economist's View}, - year = 2008, - note = {Available at - {\url{http://economistsview.typepad.com/economistsview/2008/10/thoughts-about.html}}}, - bdsk-url-1 = - {http://economistsview.typepad.com/economistsview/2008/10/thoughts-about.html}, - url = - {http://economistsview.typepad.com/economistsview/2008/10/thoughts-about.html} -} - -@MISC{krugmanHousingBubble, - author = {Krugman, Paul}, - title = {That Hissing Sound}, - howpublished = {New York Times Column}, - month = {August}, - year = 2005, - bdsk-url-1 = - {http://www.nytimes.com/2005/08/08/opinion/08krugman.html}, - day = 8, - url = - {http://www.nytimes.com/2005/08/08/opinion/08krugman.html} -} - -@ARTICLE{ks99, - author = {Krusell, Per and Smith, Jr., Anthony A.}, - title = {On the Welfare Effects of Eliminating Business - Cycles}, - journal = {Review of Economic Dynamics}, - year = 1999, - volume = 2, - pages = {245--272} -} - -@ARTICLE{kcGenesRisk, - author = {Kuhnen, Camelia M. and Chiao, Joan Y.}, - title = {Genetic Determinants of Financial Risk Taking}, - journal = {PLoS ONE}, - year = 2009, - volume = 4, - pages = {e4362}, - number = 2, - month = 02, - abstract = {Individuals vary in their willingness to take - financial risks. Here we show that variants of two - genes that regulate dopamine and serotonin - neurotransmission and have been previously linked to - emotional behavior, anxiety and addiction (5-HTTLPR - and DRD4) are significant determinants of risk - taking in investment decisions. We find that the - 5-HTTLPR {\it s/s} allele carriers take 28\% less - risk than those carrying the {\it s/l} or {\it l/l} - alleles of the gene. DRD4 7-repeat allele carriers - take 25\% more risk than individuals without the - 7-repeat allele. These findings contribute to the - emerging literature on the genetic determinants of - economic behavior.}, - bdsk-url-1 = {http://dx.doi.org/10.1371/journal.pone.0004362}, - doi = {10.1371/journal.pone.0004362}, - publisher = {Public Library of Science}, - url = {http://dx.doi.org/10.1371/journal.pone.0004362} -} - -@ARTICLE{kydland&prescott:timeto, - author = {{Kydland, Finn E.} and {Edward C. Prescott}}, - title = {Time to Build and Aggregate Fluctuations}, - journal = {Econometrica}, - year = 1982, - volume = 50, - pages = {1345--1370}, - number = 6 -} - -@ARTICLE{kydland&prescott:inconsistent, - author = {{Kydland, Finn E.} and {Edward C. Prescott}}, - title = {Rules Rather than Discretion: The Inconsistency of - Optimal Plans}, - journal = {Journal of Political Economy}, - year = 1977, - volume = 85, - pages = {473--491}, - number = 3 -} - -@TECHREPORT{lm04, - author = {L{\"}unnemann, Patrick and Math{\"}a, Thomas Y.}, - title = {How Persistent Is Disaggregate Inflation? An - Analysis Across EU Countries and HICP Subindices}, - institution = {European Central Bank}, - year = 2004, - type = {European Central Bank working paper}, - number = 415 -} - -@INPROCEEDINGS{Lutkepohl04, - author = {Helmut L{\"}utkepohl}, - title = {Vector Autoregressive and Vector Error Correction - Models}, - booktitle = {Applied Econometric Time Series}, - year = 2004, - editor = {Helmut L{\"}utkepohl and Markus Kr{\"}atzig}, - address = {Cambridge}, - publisher = {Cambridge University Press} -} - -@BOOK{luet91, - title = {Introduction to Multiple Time Series Analysis}, - publisher = {Springer}, - year = 1991, - author = {L{\"}utkepohl, Helmut}, - address = {New York et al.} -} - -@TECHREPORT{lsy05, - author = {Labhard, Vincent and Sterne, Gabriel and Young, - Chris}, - title = {Wealth and Consumption: An Assessment of the - International Evidence}, - institution = {Bank of England}, - year = 2005, - type = {Bank of England woking paper}, - number = 275 -} - -@ARTICLE{labonte:housingpricebubble, - author = {Labonte, Marc}, - title = {U.S. Housing Prices: Is There a Bubble?}, - journal = {Congressional Research Service}, - year = 2003 -} - -@TECHREPORT{laf05, - author = {Laforte, Jean-Philippe}, - title = {Pricing Models: A Bayesian DSGE approach for the US - Economy}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2005, - type = {mimeo} -} - -@ARTICLE{laibson:goldeneggs, - author = {Laibson, David}, - title = {Golden Eggs and Hyperbolic Discounting}, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = {CXII}, - pages = {443--477}, - number = 2 -} - -@ARTICLE{laibson:hyperbuffer, - author = {Laibson, David}, - title = {Hyperbolic Discount Functions and Time Preference - Heterogeneity}, - journal = {Manuscript, Harvard University}, - year = 1997 -} - -@TECHREPORT{lrtDiscount, - author = {David Laibson and Andrea Repetto and Jeremy - Tobacman}, - title = {Estimating Discount Functions with Consumption - Choices over the Lifecycle}, - institution = {National Bureau of Economic Research}, - year = 2007, - type = {Working Paper}, - number = 13314, - month = {August}, - abstract = {Intertemporal preferences are difficult to - measure. We estimate time preferences using a - structural buffer stock consumption model and the - Method of Simulated Moments. The model includes - stochastic labor income, liquidity constraints, - child and adult dependents, liquid and illiquid - assets, revolving credit, retirement, and discount - functions that allow short-run and long-run discount - rates to differ. Data on retirement wealth - accumulation, credit card borrowing, and - consumption-income comovement identify the - model. Our benchmark estimates imply a 40\% - short-term annualized discount rate and a 4.3\% - long-term annualized discount rate. Almost all - specifications reject the restriction to a constant - discount rate. Our quantitative results are - sensitive to assumptions about the return on - illiquid assets and the coefficient of relative risk - aversion. When we jointly estimate the coefficient - of relative risk aversion and the discount function, - the short-term discount rate is 15\% and the - long-term discount rate is 3.8\%.}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w13314} -} - -@ARTICLE{lrt:debtpuzzle, - author = {Laibson, David and Repetto, Andrea and Tobacman, - Jeremy}, - title = {A Debt Puzzle}, - journal = {Manuscript, Harvard University}, - year = 1999 -} - -@ARTICLE{laitner:random, - author = {Laitner, John}, - title = {Random Earning Differences, Lifetime Liquidity - Constraints, and Altruistic Intergenerational - Transfers}, - journal = {Journal of Economic Theory}, - year = 1992, - volume = 58, - pages = {135--170}, - number = 2 -} - -@BOOK{landesbergerRestitution, - title = {Restitution Receipts, Household Savings and - Consumption Behavior in Israel}, - publisher = {Research Department, Bank of Israel}, - year = 1970, - author = {Landesberger, Michael}, - address = {Jerusalem} -} - -@ARTICLE{landsberger:mpcbyy, - author = {Landsberger, M.}, - title = {Windfall Income and Consumption: Comment}, - journal = {American Economic Review}, - year = 1966, - volume = 56, - pages = {534--540} -} - -@ARTICLE{lmf:mark2, - author = {Lane, Philip R. and Milesi-Ferretti, Gian Maria}, - title = {The External Wealth of Nations Mark II: Revised and - Extended Estimates of Foreign Assets and - Liabilities}, - journal = {Journal of International Economics}, - year = 2007, - volume = 73, - pages = {223--250}, - number = 2 -} - -@ARTICLE{lawrance:timepref, - author = {Lawrance, Emily C.}, - title = {Poverty and the Rate of Time Preference: Evidence - from Panel Data}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {54--77}, - number = 1 -} - -@ARTICLE{lebaron:summary, - author = {LeBaron, Blake}, - title = {Agent Based Computational Finance: Suggested - Readings and Early Research}, - journal = {Journal of Economic Dynamics and Control}, - year = {forthcoming} -} - -@TECHREPORT{LeBlanc:2000, - author = {Le Blanc, Gilles}, - title = {Regional Specialization, Local Externalities And - Clustering In Information Technology Industries}, - institution = {European Regional Science Association}, - year = 2000, - type = {ERSA conference papers}, - month = Aug, - bdsk-url-1 = {http://ideas.repec.org/p/wiw/wiwrsa/ersa00p168.html}, - url = {http://ideas.repec.org/p/wiw/wiwrsa/ersa00p168.html} -} - -@ARTICLE{Lehnert2003, - author = {Lehnert, Andreas}, - title = {Housing, Consumption, and Credit Constraints}, - journal = {Manuscript, Board of Governors of the Federal - Reserve System}, - year = 2003, - month = {December} -} - -@TECHREPORT{lehnert:housing, - author = {Andreas Lehnert}, - title = {Housing, Consumption and Credit Constraints}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2001, - type = {manuscript} -} - -@INPROCEEDINGS{Leicester2012, - author = {Leicester, Andrew}, - title = {The Potential Use of In-Home Scanner Technology for - Budget Surveys}, - booktitle = {Improving the Measurement of Household Expenditures}, - year = 2012, - editor = {Carroll, Christopher D. and Thomas Crossley and John - Sabelhaus}, - publisher = {University of Chicago Press} -} - -@INCOLLECTION{leicesterScanner, - author = {Andrew Leicester}, - title = {The Potential Use of In-Home Scanner Technology for - Budget Surveys}, - booktitle = {Improving the Measurement of Household Expenditure}, - publisher = {University of Chicago Press}, - year = 2013, - note = {\\ Slides are at - \url{http://www.nber.org/confer/2011/CRIWf11/Leicester-Slides.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/leicesterScanner.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/leicesterScanner.pdf:PDF} -} - -@ARTICLE{LelandPrecaution, - author = {Leland, Hayne E.}, - title = {Saving and Uncertainty: The Precautionary Demand for - Saving}, - journal = {Quarterly Journal of Economics}, - year = 1968, - volume = 82, - pages = {465--473} -} - -@ARTICLE{lelbang&mukhergee:politics, - author = {Lelbang, David and Mukherjee, Bumba}, - title = {Elections, Partisan Politics and Stock Market - Performance: Theory and Evidence from a Century of - American and British Returns}, - journal = {Manuscript, University of Colorado}, - year = 2004 -} - -@ARTICLE{lettau:portfolios, - author = {Lettau, Martin}, - title = {Explaining the Facts with Adaptive Agents: The Case - of Mutual Fund Flows}, - journal = {Journal of Economic Dynamics and Control}, - year = 1997, - volume = 21, - pages = {1117--1147} -} - -@ARTICLE{llTrendCycle, - author = {Lettau, Martin and Ludvigson, Sydney}, - title = {Understanding Trend and Cycle in Asset Values: - Reevaluating the Wealth Effect on Consumption}, - journal = {American Economic Review}, - year = 2004, - volume = 94, - pages = {276--299}, - number = 1, - note = {\url{http://www.jstor.org/stable/3592779}}, - date-modified ={2011-10-15 00:09:24 -0400}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/llTrendCycle.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/llTrendCycle.pdf:PDF}, - url = {http://www.jstor.org/stable/3592779} -} - -@ARTICLE{lettau&ludvigson:assetvalues, - author = {Lettau, Martin and Ludvigson, Sydney}, - title = {Understanding Trend and Cycle in Asset Values: - Reevaluating the Wealth Effect on Consumption}, - journal = {NBER Working Paper 9848}, - year = 2003 -} - -@ARTICLE{llStockReturns, - author = {Lettau, Martin and Ludvigson, Sydney}, - title = {Consumption, Aggregate Wealth, and Expected Stock - Returns}, - journal = {Journal of Finance}, - year = 2001, - volume = 56, - pages = {815--849}, - number = 3, - note = {\url{http://www.jstor.org/stable/222534}}, - url = {http://www.jstor.org/stable/222534} -} - -@ARTICLE{llb:comment, - author = {Lettau, Martin and Ludvigson, Sydney and Barczi, - Nathan}, - title = {A Primer on the Economics and Time Series - Econometrics of Wealth Effects: A Comment}, - journal = {Federal Reserve Bank of New York}, - year = 2001 -} - -@ARTICLE{lettau&uhlig:rulesofthumb, - author = {Lettau, Martin and Uhlig, Harald}, - title = {Rules of Thumb and Dynamic Programming}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {148--174} -} - -@ARTICLE{Levin:1998, - author = {Levin, Laurence}, - title = {Are assets fungible? Testing the behavioral theory - of life-cycle savings}, - journal = {Journal of Economic Organization and Behavior,}, - year = 1998, - volume = 36, - pages = {59--83}, - abstract = {This paper is an empirical investigation of the - behavioral life-cycle savings model. This model - posits that self-control problems causes individuals - to depart substantially from rational behavior. I - show that this model can explain how the consumption - of individuals at or near retirement vary with - changes in different types of financial - assets. Specifically, consumption spending is - sensitive to changes in income and in liquid assets, - but not very sensitive to changes in the value of - other types of assets such as houses and social - security (even though the value of non-liquid assets - is relatively large for most of the households in - the sample). In general, the evidence presented here - favors the Behavioral Life-Cycle Model over the - conventional life-cycle model even when liquidity - constraints are introduced.} -} - -@ARTICLE{levine&renelt:aer, - author = {{Levine, Ross E.} and {David Renelt}}, - title = {A Sensitivity Analysis of Cross-Country Growth - Regressions}, - journal = {American Economic Review}, - year = 1992, - volume = 82, - pages = {942--963}, - month = {September} -} - -@ARTICLE{lillard&weiss, - author = {Lillard, Lee A. and Weiss, Yoram}, - title = {Components of Variation in Panel Earnings Data: - American Scientists 1960-70}, - journal = {Econometrica}, - year = 1979, - volume = 47, - pages = {437--454}, - number = 2, - month = {March} -} - -@ARTICLE{lillard&karoly:richsave, - author = {Lillard, Lee and Karoly, Lynn}, - title = {Income and Wealth Accumulation Over the Lifecycle}, - journal = {Manuscript, RAND Corporation}, - year = 1997 -} - -@ARTICLE{lindbeck:welfarestate, - author = {Lindbeck, Assar}, - title = {Welfare State Disincentives with Endogenous Habits - and Norms}, - journal = {Scandinavian Journal of Economics}, - year = 1995, - volume = 97, - pages = {477--94}, - number = 4 -} - -@ARTICLE{lnw:norms, - author = {Lindbeck, Assar and Nyberg, S. and Weibull, J-W.}, - title = {Social Norms and Economic Incentives in the Welfare - State}, - journal = {Industrial Institute for Economic and Social - Research}, - year = 1997 -} - -@ARTICLE{lu00, - author = {Ljungqvist, Lars and Uhlig, Harald}, - title = {Tax Policy and Aggregate Demand Management under - Catching Up with the Joneses}, - journal = {American Economic Review}, - year = 2000, - volume = 90, - pages = {356--366}, - number = 3, - month = {June} -} - -@INPROCEEDINGS{lss:whatdrivesbook, - author = {Loayza, Norman and Schmidt-Hebbel, Klaus and - Serv{\'e}n, Luis}, - title = {What Drives Saving Across the World?}, - booktitle = {Saving in the World: Puzzles and Policies}, - year = 1998, - editor = {Serv{\'e}n, Luis} -} - -@ARTICLE{lss:whatdrives, - author = {Loayza, Norman and Schmidt-Hebbel, Klaus and - Serv{\'e}n, Luis}, - title = {What Drives Saving Across the World?}, - journal = {Review of Economics and Statistics}, - year = 2000, - volume = 82, - number = 1, - month = May -} - -@TECHREPORT{GarciaOlivera:2005, - author = {Lopez, Miguel Angel Garcia and Olivera, Ivan Muniz}, - title = {The Spatial Effect of Intra-Metropolitan - Agglomeration Economies}, - institution = {Department of Applied Economics at Universitat - Autonoma of Barcelona}, - year = 2005, - type = {Working Papers}, - number = 0513, - month = {June}, - bdsk-url-1 = {http://ideas.repec.org/p/uab/wprdea/wpdea0513.html}, - url = {http://ideas.repec.org/p/uab/wprdea/wpdea0513.html} -} - -@ARTICLE{lnFeathers, - author = {LoPrete, Chiara and Catherine S. Norman}, - title = {Rockets And Feathers In CO2-Power Markets? New - Evidence From The Second Phase Of The EU ETS}, - journal = {Manuscript, Johns Hopkins University}, - year = 2011, - note = {\\ - \url{http://www.webmeets.com/files/papers/EAERE/2011/201/AsymmetricPassthrough_May25-1.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lnFeathers.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lnFeathers.pdf:PDF}, - url = - {http://www.webmeets.com/files/papers/EAERE/2011/201/AsymmetricPassthrough_May25-1.pdf} -} - -@INCOLLECTION{lucas:critique, - author = {Lucas, Robert E.}, - title = {Econometric Policy Evaluation: A Critique}, - booktitle = {The Phillips Curve and Labour Markets}, - publisher = {Journal of Monetary Economics (Supplement)}, - year = 1976, - editor = {Brunner, Karl and Meltzer, Allan H.}, - volume = 1, - pages = {19--46} -} - -@ARTICLE{lucasGrowth, - author = {Lucas, Robert E.}, - title = {On the Mechanics of Economic Development}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 22, - pages = {3--42} -} - -@BOOK{lucasBusinessCycles, - title = {Models of Business Cycles, Yrjo Jahnsson Lectures}, - publisher = {Basil Blackwell}, - year = 1985, - author = {Robert E. Lucas}, - address = {Oxford} -} - -@Article{lucas:assetpricing, - Title = {Asset Prices in an Exchange Economy}, - Author = {Lucas, Robert E.}, - Journal = {Econometrica}, - Year = 1978, - Month = {December}, - Note = {Available at { - \url{http://www.jstor.org/stable/1913837}}}, - Pages = {1429--1445}, - Volume = 46, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1913837} -} - -@ARTICLE{lucas&stokey:money, - author = {{Lucas, Robert E.} and {Stokey, Nancy L.}}, - title = {Optimal Fiscal and Monetary Policy in an Economy - without Capital}, - journal = {Journal of Monetary Economics}, - year = 1983, - volume = 12, - pages = {55--93}, - number = {x} -} - -@ARTICLE{lud04, - author = {Ludvigson, Sydney}, - title = {Consumer Confidence and Consumer Spending}, - journal = {Journal of Economic Perspectives}, - year = 2004, - volume = 18, - pages = {29--50}, - number = 2 -} - -@ARTICLE{ludvigson:credit, - author = {Ludvigson, Sydney}, - title = {Consumption and Credit: A Model of Time-Varying - Liquidity Constraints}, - journal = {The Review of Economics and Statistics}, - year = 1999, - volume = 81, - pages = {434--47}, - number = 3 -} - -@PHDTHESIS{ludvigson:creditthesis, - author = {Ludvigson, Sydney}, - title = {Consumption and Credit: A Model of Time-Varying - Liquidity Constraints}, - school = {Princeton University}, - year = 1996 -} - -@ARTICLE{lettau&ludvigson:bullsandbearsold, - author = {Ludvigson, Sydney and Lettau, Martin}, - title = {Understanding Trend and Cycle in Asset Values: - Bulls, Bears, and the Wealth Effect on Consumption}, - journal = {Manuscript, New York University}, - year = 2001 -} - -@ARTICLE{lettau&ludvigson:finance, - author = {Ludvigson, Sydney and Lettau, Martin}, - title = {Consumption, Aggregate Wealth, and Expected Stock - Returns}, - journal = {Journal of Finance}, - year = 2001, - volume = 56, - pages = {815--49}, - number = 3, - month = {June} -} - -@ARTICLE{lmExcesses, - author = {Ludvigson, Sydney and Michaelides, Alexander}, - title = {Does Buffer Stock Saving Explain the Smoothness and - Excess Sensitivity of Consumption?}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - pages = {631--647}, - number = 3, - month = {June}, - note = {\\ \url{http://www.jstor.org/stable/2677884}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lmExcesses.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/lmExcesses.pdf:PDF}, - url = {http://www.jstor.org/stable/2677884} -} - -@ARTICLE{ludvigson&paxson:approximation, - author = {Ludvigson, Sydney and Paxson, Christina}, - title = {Approximation Bias in Euler Equation Estimation}, - journal = {Manuscript, Federal Reserve Bank of New York}, - year = 1997 -} - -@ARTICLE{ludvigson&steindel:stockmarket, - author = {Ludvigson, Sydney and Steindel, Charles}, - title = {How Important is the Stock Market Effect on - Consumption?}, - journal = {Federal Reserve Bank of New York Economic Policy - Review}, - year = 1999 -} - -@ARTICLE{ls04, - author = {Ludwig, Alexander and {Sl{\o}k}, Torsten}, - title = {The Relationship between Stock Prices, House Prices - and Consumption in OECD Countries}, - journal = {Topics in Macroeconomics}, - year = 2004, - volume = 4, - pages = {Article 4}, - number = 1 -} - -@UNPUBLISHED{LudwigSlok:2002, - author = {Ludwig, Alexander and Sl{\o}k, Torsten}, - title = {The Impact of Changes in Stock Prices and House - Prices on Consumption in OECD Countries}, - note = {Working Paper 02/1 International Monetary Fund}, - year = 2002 -} - -@ARTICLE{Ludwig2004, - author = {Ludwig, Alexander and Slok, Torsten}, - title = {The Relationship between Stock Prices, House Prices - and Consumption in OECD Countries}, - journal = {Topics in Macroeconomics}, - year = 2004, - volume = 4, - number = {1, Article 4}, - note = {available at - http://ideas.repec.org/a/bep/mactop/v4y2004i1p1} -} - -@ARTICLE{ludwig&slok:assetpricesIMFwp, - author = {Ludwig, Alexander and Slok, Torsten}, - title = {The Impact of Changes in Stock Prices and House - Prices on Consumption in OECD Countries}, - journal = {IMF Working Paper 02/01}, - year = 2002 -} - -@ARTICLE{luengoprado:excesses, - author = {Luengo-Prado, Maria Jos{\'}e}, - title = {Durables, Nondurables, Down Payments, and - Consumption Excesses}, - journal = {Journal of Monetary Economics}, - year = 2006, - volume = 53, - pages = {1509--1539} -} - -@ARTICLE{lsStates, - author = {Luengo-Prado, Maria Jos{\'}e and S\/orensen, Bent}, - title = {What Can Explain the Excess Smoothness and - Sensitivity of State-Level Consumption?}, - journal = {Review of Economics and Statistics}, - year = 1998, - volume = {Forthcoming} -} - -@ARTICLE{LPSorensen:2006, - author = {Luengo-Prado, Mar{\'}{\i}a Jos{\'}{e} and Sorensen, - Bent}, - title = {What Can Explain Excess Smoothness and Sensitivity - of State-Level Consumption?}, - journal = {Forthcoming in the Review of Economics and - Statistics}, - year = 2006 -} - -@INCOLLECTION{lusardiBehavioral, - author = {Lusardi, Annamaria}, - title = {Information, Expectations, and Savings for - Retirement}, - booktitle = {Behavioral Dimensions of Retirement Economics}, - publisher = {Russell Sage Foundation}, - year = 1999, - editor = {Aaron, Henry}, - pages = {81--115}, - address = {Washington, DC} -} - -@ARTICLE{lusardiPlanning, - author = {Lusardi, Annamaria}, - title = {Planning and Savings for Retirement}, - journal = {Dartmouth College Working Paper}, - year = 2003 -} - -@ARTICLE{lusardi:explaining, - author = {Lusardi, Annamaria}, - title = {Explaining Why So Many Households Do Not Save}, - journal = {Manuscript, Dartmouth College}, - year = 1999 -} - -@ARTICLE{lusardi:importance, - author = {Lusardi, Annamaria}, - title = {On the Importance of the Precautionary Saving - Motive}, - journal = {American Economic Review Papers and Proceedings}, - year = 1998, - volume = 88, - pages = {449--453}, - number = 2 -} - -@ARTICLE{lusardi:subjective, - author = {Lusardi, Annamaria}, - title = {Precautionary Saving and Subjective Earnings - Variance}, - journal = {Economics Letters}, - year = 1997, - volume = 57, - pages = {319--326} -} - -@ARTICLE{lusardi:panel, - author = {Lusardi, Annamaria}, - title = {Permanent Income, Current Income, and Consumption: - Evidence from Panel Data}, - journal = {Manuscript, Dartmouth College}, - year = 1992 -} - -@ARTICLE{lusardiMitchellLiteracy, - author = {Lusardi, Annamaria and Mitchell, Olivia}, - title = {Financial Literacy and Planning: Implications for - Retirement Wellbeing}, - journal = {Wharton School Working Paper}, - year = 2006 -} - -@ARTICLE{lusardiMitchellBoomers, - author = {Lusardi, Annamaria and Mitchell, Olivia S.}, - title = {Baby Boomer Retirement Security: The Roles of - Planning, Financial Literacy, and Housing Wealth}, - journal = {Journal of Monetary Economics}, - year = 2007, - volume = {Forthcoming}, - bdsk-url-1 = {http://dx.doi.org/10.1016/j.moneco.2006.12.001}, - doi = {doi:10.1016/j.moneco.2006.12.001} -} - -@ARTICLE{lstFragile, - author = {Lusardi, Annamaria and Schneider, Daniel J. and - Peter Tufano}, - title = {Financially Fragile Households: Evidence and - Implications}, - journal = {NBER Working Paper Number 17072}, - year = 2011, - number = 17072, - note = {\url{http://www.nber.org/papers/w17072}}, - file = {lstFragile.pdf:lstFragile.pdf:PDF}, - publisher = {National Bureau of Economic Research, Inc}, - url = {http://www.nber.org/papers/w17072} -} - -@ARTICLE{lusardiSkinnerPolicy, - author = {Lusardi, Annamaria and Skinner, Jonathan and Venti, - Steven}, - title = {Saving Puzzles and Saving Policies in the United - States}, - journal = {Oxford Review of Economic Policy}, - year = 2001, - volume = 17, - pages = {95--115}, - number = 1 -} - -@ARTICLE{lv05, - author = {Lustig, Hanno N. and {Van Nieuwerburgh}, Stijn G.}, - title = {Housing Collateral, Consumption Insurance and Risk - Premia: An Empirical Perspective}, - journal = {Journal of Finance}, - year = 2005, - volume = 60, - pages = {1167--1219}, - number = 3 -} - -@MISC{Melitz/Zumer:1999, - author = {M{\'}{e}litz, Jacques and Zumer, - Fr{\'}{e}d{\'}{e}ric}, - title = {Interregional and international risk sharing and - lessons for EMU}, - howpublished = {CEPR Discussion Paper No. 2154}, - month = {May}, - year = 1999, - file = {:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/#F#:Djvu} -} - -@ARTICLE{mullerelliott:initial, - author = {M{\"}uller, Ulirich K. and Elliott, Graham}, - title = {Tests for unit roots and the initial condition}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {1269--}, - number = 4, - month = {July} -} - -@ARTICLE{ms07, - author = {M{\"}unich, Daniel and Svejnar, Jan}, - title = {Unemployment in {E}ast and {W}est {E}urope}, - journal = {Labor Economics}, - year = 2007, - volume = 14, - pages = {681--694}, - number = 4 -} - -@ARTICLE{mst05a, - author = {M{\"}unich, Daniel and Svejnar, Jan and Terrell, - Katherine}, - title = {Returns to Human Capital Under The {C}ommunist Wage - Grid and During the Transition to a Market Economy}, - journal = {The Review of Economics and Statistics}, - year = 2005, - volume = 87, - pages = {100--123}, - number = 1 -} - -@ARTICLE{mst05, - author = {Daniel M{\"u}nich and Jan Svejnar and Catherine - Terrell}, - title = {Is Women's Human Capital Valued More by Markets than - by Planners?}, - journal = {Journal of Comparative Economics}, - year = 2005, - volume = 33, - pages = {278--299}, - number = 2 -} - -@TECHREPORT{mw07, - author = {Ma{\'}ckowiak, Bartosz and Wiederholt, Mirko}, - title = {Optimal Sticky Prices under Rational Inattention}, - institution = {Northwestern University}, - year = 2007, - type = {mimeo} -} - -@BOOK{macaulay, - title = {The Movements of Interest Rates, Bond Yields and - Stock Prices in the United States Since 1856}, - publisher = {National Bureau of Economic Research}, - year = 1938, - author = {Macaulay, Frederick R.}, - address = {New York} -} - -@TECHREPORT{mr07, - author = {Machin, Stephen and {Van Reenen}, John}, - title = {Changes in Wage Inequality}, - institution = {Center for Economic Performance, London School of - Economics and Political Science}, - year = 2007, - type = {Special Paper}, - number = 18 -} - -@ARTICLE{macklem:consumption, - author = {Macklem, R. Tiff}, - title = {Wealth, Disposable Income and Consumption: Some - Evidence for Canada}, - journal = {Bank of Canada}, - year = 1994 -} - -@article{macurdyLelasticity, - author = {MaCurdy, Thomas E.}, - journal = {Journal of Political Economy}, - month = {December}, - number = 6, - pages = {1059-1085}, - title = {An Empirical Model of Labor Supply in a Life-Cycle - Setting}, - volume = 89, - year = 1981, -} - -@ARTICLE{madrian&shea:401k, - author = {Madrian, Brigitte C. and Shea, Dennis F.}, - title = {The Power of Suggestion: Inertia in 401(k) - Participation and Savings Behavior}, - journal = {NBER Working Paper 7682}, - year = 2000, - month = may -} - -@ARTICLE{mpCohort, - author = {Maki, Dean M. and Michael G. Palumbo}, - title = {Disentangling the Wealth Effect: A Cohort Analysis - of Household Saving in the 1990s}, - journal = {Finance and Economics Discussion Series 2001-21}, - year = 2001, - publisher = {Federal Reserve Board of Governors} -} - -@ARTICLE{maliar:KS, - author = {Maliar, Lilia and Maliar, Serguei and Valli, - Fernando}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty Using the Krusell Smith Algorithm}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {42--49}, - number = 1, - month = {January} -} - -@ARTICLE{maliar, - author = {Maliar, Lilia and Maliar, Serguei and Valli, - Fernando}, - title = {Comparing Numerical Solutions of Models with - Heterogeneous Agents (Models B): a Grid-based Euler - Equation Algorithm}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{mnDepressionBabies, - author = {Malmendier, Ulrike and Stefan Nagel}, - title = {Depression Babies: Do Macroeconomic Experiences - Affect Risk Taking?}, - journal = {Quarterly Journal of Economics}, - year = 2011, - volume = 126, - number = {373--416}, - doi = {10.1093/qje/qjq004}, - file = {mnDepressionBabies.pdf:mnDepressionBabies.pdf:PDF}, - url = - {http://qje.oxfordjournals.org/content/126/1/373.full} -} - -@ARTICLE{mangasarian:sufficient, - author = {Mangasarian, A.}, - title = {Sufficient Conditions for the Optimal Control of - Nonlinear Systems}, - journal = {SIAM Journal on Control}, - year = 1966, - volume = 4, - pages = {139--152} -} - -@ARTICLE{mankiw:inexorable, - author = {Mankiw, N. Gregory}, - title = {The Inexorable and Mysterious Tradeoff Between - Inflation and Unemployment}, - journal = {Economic Journal}, - year = 2001, - volume = 111, - pages = {C45-C61}, - number = 471 -} - -@INPROCEEDINGS{mankiw:saversspenders, - author = {Mankiw, N. Gregory}, - title = {The Savers-Spenders Theory of Fiscal Policy}, - booktitle = {American Economic Review Papers and Proceedings}, - year = 2000 -} - -@ARTICLE{mankiw:growth, - author = {Mankiw, N. Gregory}, - title = {The Growth of Nations}, - journal = {Brookings Papers on Economic Activity}, - year = 1995, - volume = 1995, - pages = {275--326}, - number = 1 -} - -@ARTICLE{mankiw:durgoods, - author = {Mankiw, N. Gregory}, - title = {Hall's Consumption Hypothesis and Durable Goods}, - journal = {Journal of Monetary Economics}, - year = 1982, - volume = 10, - pages = {417--425}, - number = 3 -} - -@INPROCEEDINGS{mr03, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Sticky Information: A model of Monetary - Non-neutrality and Structural Slumps}, - booktitle = {Knowledge, Information, and Expectation in Modern - Macroeconomics}, - year = 2003, - editor = {Aghion, Phillipe}, - pages = {64--86}, - address = {Cambridge, MA}, - publisher = {MIT Press} -} - -@ARTICLE{mr06, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Pervasive Stickiness}, - journal = {American Economic Review}, - year = 2006, - volume = 96, - pages = {164--169}, - number = 2 -} - -@article{mrsBalance, - author = {Atif Mian and Kamalesh Rao and Amir Sufi}, - journal = {Manuscript, University of California at Berkeley}, - title = {Household Balance Sheets, Consumption, and the - Economic Slump}, - year = {2011}, -} - -@inproceedings{mb54, - address = {New Brunswick, NJ}, - author = {Franco Modigliani and Richard Brumberg}, - booktitle = {Post-Keynesian Economics}, - editor = {Kenneth K. Kurihara}, - publisher = {Rutgers University Press}, - title = {Utility Analysis and the Consumption Function: An - Interpretation of Cross-Section Data}, - year = {1954}, -} - -@article{scWhySavSoLow, - author = {Summers, Lawrence H. and Carroll, Christopher D.}, - journal = {Brookings Papers on Economic Activity}, - note = - {\url{https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}}, - number = {2}, - pages = {607--636}, - title = {Why is U.S.\ National Saving So Low?}, - volume = {1987}, - year = {1987}, - url = {https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}, -} - -@comment{mankiw&reis:slumpsartOld} -@ARTICLE{mrSlumpsNBER, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Sticky Information: A Model of Monetary - Nonneutrality and Structural Slumps}, - journal = {NBER Working Paper Number 8614}, - year = 2001 -} - -@ARTICLE{mrSlumps, - author = {Mankiw, N. Gregory and Reis, Ricardo}, - title = {Sticky Information Versus Sticky Prices: A Proposal - to Replace the New Keynesian Phillips Curve}, - journal = {Quarterly Journal of Economics}, - year = 2002, - volume = 117, - pages = {1295--1328}, - number = 4, - month = {November} -} - -@ARTICLE{mrw:contribution, - author = {Mankiw, N. Gregory and Romer, David and Weil, David - N.}, - title = {A Contribution to the Empirics of Economic Growth}, - journal = {Quarterly Journal of Economics}, - year = 1992, - volume = 107, - pages = {407--437} -} - -@ARTICLE{mankiw&zeldes:stockholders, - author = {Mankiw, N. Gregory and Zeldes, Stephen P.}, - title = {The Consumption of Stockholders and Non - Stockholders}, - journal = {Journal of Financial Economics}, - year = 1989, - volume = 15, - pages = {145--61} -} - -@ARTICLE{MankiwZeldes:1991, - author = {Mankiw, N. Gregory and Zeldes., Stephen P.}, - title = {The Consumption of Stockholders and - Non-Stockholders}, - journal = {Journal of Financial Economics}, - year = 1991, - volume = 29, - pages = {97--112} -} - -@ARTICLE{mmSkip, - author = {Manski, C.F. and Molinari, F.}, - title = {Skip Sequencing: A Decision Problem in Questionnaire - Design}, - journal = {The Annals of Applied Statistics}, - year = 2008, - volume = 2, - pages = 264, - number = 1, - publisher = {NIH Public Access} -} - -@ARTICLE{marcet&sargent:convergence, - author = {Marcet, Albert and Sargent, Thomas J.}, - title = {Convergence of Least Squares Learning Mechanisms in - Self Referential Linear Stochastic Models}, - journal = {Journal of Economic Theory}, - year = 1991, - volume = 48, - pages = {337--68} -} - -@ARTICLE{MarigerLiqConstr87, - author = {Mariger, Randall P.}, - title = {A Life-Cycle Consumption Model with Liquidity - Constraints: Theory and Empirical Results}, - journal = {Econometrica}, - year = 1987, - volume = 55, - number = {533-557} -} - -@INCOLLECTION{marimon:learning, - author = {Marimon, Ramon}, - title = {Learning from Learning in Economics}, - booktitle = {Advances in Economics and Econometrics: Theory and - Applications, Volume I}, - publisher = {Cambridge University Press}, - year = 1997, - editor = {Kreps, David and Wallis, K.}, - address = {Cambridge} -} - -@BOOK{markowitz, - title = {Portfolio Selection: Efficient Diversification of - Investment}, - publisher = {John Wiley and Sons}, - year = 1959, - author = {Markowitz, Harold}, - address = {New York} -} - -@BOOK{marshall:principles, - title = {Principles of Economics}, - publisher = {The MacMillan Company}, - year = 1898, - author = {Marshall, Alfred}, - address = {New York}, - edition = {Eighth} -} - -@BOOK{mayer:pihbook, - title = {Permanent Income, Wealth, and Consumption}, - publisher = {University of California Press}, - year = 1972, - author = {Mayer, Thomas}, - address = {Berkeley} -} - -@TECHREPORT{mp02, - author = {Mc{C}arthy, Jonathan and Peach, Richard W.}, - title = {Monetary Policy Transmission to Residential - Investment}, - institution = {Federal Reserve Bank of New York}, - year = 2002, - type = {{FRBNY Economic Policy Review}}, - number = 1, - pages = {139--158}, - volume = 8 -} - -@ARTICLE{oecdMicro, - author = {McCall, Robert}, - title = {Development of International Guidelines and - Frameworks for Micro Statistics on Household Income, - Consumption and Wealth}, - journal = {Presentation at 32nd General Conference of the - International Association for Research in Income and - Wealth}, - year = 2012, - note = - {\url{http://www.iariw.org/papers/2012/McCollPaper.pdf}}, - url = {http://www.iariw.org/papers/2012/McCollPaper.pdf} -} - -@ARTICLE{mccallum:review, - author = {McCallum, Bennett T.}, - title = {Recent Developments in Monetary Policy Analysis: The - Roles of Theory and Evidence}, - journal = {Federal Reserve Bank of Richmond Economic Quarterly}, - year = 2002, - volume = 88, - pages = {67--95}, - number = 1 -} - -@ARTICLE{mccarthy:debt, - author = {McCarthy, Jonathan}, - title = {Does the Household Balance Sheet Affect Expenditures - Response to Monetary Policy?}, - journal = {Manuscript, Federal Reserve Bank of New York}, - year = 1997 -} - -@ARTICLE{mccarthy:mpc, - author = {McCarthy, Jonathan}, - title = {Imperfect Insurance and Differing Propensities to - Consume Across Households}, - journal = {Journal Of Monetary Economics}, - year = 1995, - volume = 36, - pages = {301--327}, - number = 2 -} - -@ARTICLE{mcculloughReplicability, - author = {McCullough, Bruce D.}, - title = {Got Replicability? The Journal of Money, Credit and - Banking Archive}, - journal = {Econ Journal Watch}, - year = 2007, - volume = 4, - pages = {326--337}, - number = 3 -} - -@INCOLLECTION{meghirPistaferri_earnigsClifeCycle, - author = {Costas Meghir and Luigi Pistaferri}, - title = {Earnings, Consumption and Life Cycle Choices}, - booktitle = {Handbook of Labor Economics}, - publisher = {Elsevier}, - year = 2011, - editor = {O. Ashenfelter and D. Card}, - volume = 4, - chapter = 9, - pages = {773--854} -} - -@ARTICLE{meghir&pistaferri, - author = {Meghir, Costas and Pistaferri, Luigi}, - title = {Income Variance Dynamics and Heterogeneity}, - journal = {Journal of Business and Economic Statistics}, - year = 2004, - volume = 72, - pages = {1--32}, - number = 1 -} - -@comment{meghir&weber:habitsOld} -@ARTICLE{mwHabits, - author = {Meghir, Costas and Weber, Guglilelmo}, - title = {Intertemporal Non-Separability or Borrowing - Restrictions? A Disaggregate Analysis Using a - U.S. Consumption Panel}, - journal = {Econometrica}, - year = 1996, - volume = 64, - pages = {1151--82}, - number = 5 -} - -@Article{mehraPrescottPuzzle, - Title = {The Equity Premium: A Puzzle}, - Author = {Mehra, Rajnish and Prescott, Edward C.}, - Journal = {Journal of Monetary Economics}, - Year = 1985, - Note = {Available at { - \url{http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html}}}, - Pages = {145-61}, - Volume = 15, - Owner = {Nic Johnson}, - Url = - {http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html} -} - -@Article{mehra&prescott:puzzle, - Title = {The Equity Premium: A Puzzle}, - Author = {Mehra, Rajnish and Prescott, Edward C.}, - Journal = {Journal of Monetary Economics}, - Year = 1985, - Note = {Available at { - \url{http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html}}}, - Pages = {145-61}, - Volume = 15, - Owner = {Nic Johnson}, - Url = - {http://ideas.repec.org/a/eee/moneco/v15y1985i2p145-161.html} -} - -@ARTICLE{mehra:wealtheffect, - author = {Mehra, Yash}, - title = {The Wealth Effect in Empirical Life Cycle Aggregate - Consumption Equations}, - journal = {Federal Reserve Bank of Richmond Economic Quarterly, - 87/2}, - year = 2001 -} - -@ARTICLE{mehra:surveyinfl, - author = {Mehra, Yash P.}, - title = {Survey Measures of Expected Inflation: Revisiting - the Issues of Predictive Content and Rationality}, - journal = {Manuscript, Federal Reserve Bank of Richmond}, - year = 2002 -} - -@ARTICLE{menchik&david:nodissav, - author = {Menchik, Paul L. and David, Martin}, - title = {Income Distribution, Lifetime Savings, and Bequests}, - journal = {American Economic Review}, - year = 1983, - volume = 83, - pages = {672--690}, - number = 4 -} - -@ARTICLE{MendelsonAmihud:consumption, - author = {Mendelson, Haim and Amihud, Yakov}, - title = {Optimal Consumption Policy Under Uncertain Income}, - journal = {Management Science}, - year = 1982, - volume = 28, - pages = {683--697}, - number = 6, - month = {June} -} - -@article{mqrImbal, - Author = {Enrique G. Mendoza and Vincenzo Quadrini and Jos\'{e}-V\'{i}ctor R\'{i}os-Rull}, - Title = "{Financial Integration, Financial Development, and Global Imbalances}", - journal={Journal of Political Economy}, - Year = {2009}, - volume={117}, - number={3}, -} - -@ARTICLE{mqrImbal-NBERWP, - author = {Mendoza, Enrique G. and Quadrini, Vincenzo and - Rios-Rull, Jose-Victor}, - title = {Financial Integration, Financial Deepness and Global - Imbalances}, - journal = {NBER Working Paper Number w12909}, - year = 2007 -} - -@ARTICLE{merton:restat, - author = {Merton, Robert C.}, - title = {Lifetime Portfolio Selection under Uncertainty: The - Continuous Time Case}, - journal = {Review of Economics and Statistics}, - year = 1969, - volume = 51, - pages = {247--257} -} - -@ARTICLE{msFallacy, - author = {Merton, Robert C. and Samuelson, Paul A.}, - title = {Fallacy of the Log-Normal Approximation to Optimal - Portfolio Decision-Making over Many Periods}, - journal = {Journal of Financial Economics}, - year = 1974, - volume = 1, - pages = {67--94}, - number = 1, - issn = {0304-405X}, - publisher = {Elsevier} -} - -@ARTICLE{msWinning, - author = {Meyer, Bruce D. and Sullivan, James X.}, - title = {Winning the War: Poverty from the Great Society to - the Great Recession}, - journal = {Brookings Papers on Economic Activity}, - year = 2012, - month = {Fall}, - url = - {http://www.brookings.edu/~/media/Projects/BPEA/Fall2012/2012fallmeyer.pdf} -} - -@ARTICLE{msDecades, - author = {Meyer, Bruce D. and Sullivan, James X.}, - title = {Five Decades of Consumption and Income Poverty}, - journal = {Working Papers, Harris School of Public Policy - Studies, University of Chicago}, - year = 2009 -} - -@ARTICLE{MianSufi:2011, - author = {Mian, Atif and Sufi, Amir}, - title = {Consumers and the Economy, Part II: Household Debt - and the Weak U.S. Recovery}, - journal = {FRBSF Economic Letter}, - year = 2011, - volume = 4, - month = {January} -} - -@TECHREPORT{msClunkers, - author = {Mian, Atif and Sufi, Amir}, - title = {The Effects of Fiscal Stimulus: Evidence from the - 2009 `Cash for Clunkers' Program'}, - institution = {National Bureau of Economic Research}, - year = 2010, - type = {Working Paper}, - number = 16351, - month = {September}, - abstract = {A key rationale for fiscal stimulus is to boost - consumption when aggregate demand is perceived to be - inefficiently low. We examine the ability of the - government to increase consumption by evaluating the - impact of the 2009 ``Cash for Clunkers'' program on - short and medium run auto purchases. Our empirical - strategy exploits variation across U.S. cities in - ex-ante exposure to the program as measured by the - number of ``clunkers'' in the city as of the summer - of 2008. We find that the program induced the - purchase of an additional 360,000 cars in July and - August of 2009. However, almost all of the - additional purchases under the program were pulled - forward from the very near future; the effect of the - program on auto purchases is almost completely - reversed by as early as March 2010 -- only seven - months after the program ended. The effect of the - program on auto purchases was significantly more - short-lived than previously suggested. We also find - no evidence of an effect on employment, house - prices, or household default rates in cities with - higher exposure to the program.}, - bdsk-url-1 = {http://www.nber.org/papers/w16351}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w16351} -} - -@ARTICLE{msMortgage, - author = {Mian, Atif and Sufi, Amir}, - title = {The Consequences of Mortgage Credit Expansion: - Evidence from the U.S. Mortgage Default Crisis}, - journal = {Quarterly Journal of Economics}, - year = 2009, - volume = 124, - number = 4, - month = {November} -} - -@ARTICLE{mianSufiQJE, - author = {Mian, Atif and Sufi, Amir}, - title = {The Consequences of Mortgage Credit Expansion: - Evidence from the 2007 Mortgage Default Crisis}, - journal = {Forthcoming, {\it Quarterly Journal of Economics}}, - year = 2008, - month = Apr, - note = {Available at - \url{http://ideas.repec.org/p/nbr/nberwo/13936.html}}, - institution = {National Bureau of Economic Research, Inc}, - type = {NBER Working Paper No. 13936} -} - -@ARTICLE{michaelides:reversion, - author = {Michaelides, Alexander}, - title = {Portfolio Choice, Liquidity Constraints and Stock - Market Mean Reversion}, - journal = {CEPR Discussion Paper No. 2823}, - year = 2005 -} - -@ARTICLE{michaelides:reconcile, - author = {Michaelides, Alexander}, - title = {A Reconciliation of Two Alternative Approaches - Towards Buffer Stock Saving}, - journal = {Economics Letters}, - year = 2003, - volume = 79, - pages = {137--143}, - number = 1, - month = {April} -} - -@ARTICLE{michaelidesBufHab, - author = {Michaelides, Alexander}, - title = {Buffer Stock Saving and Habit Formation}, - journal = {Manuscript, London School of Economics}, - year = 2002 -} - -@ARTICLE{GomesMichaelides:PortHabits, - author = {Michaelides, Alexander and Gomes, Francisco}, - title = {Portfolio Choice with Internal Habit Formation: A - Life-Cycle Model with Uninsurable Labor Income Risk}, - journal = {Review of Economic Dynamics}, - year = 2003, - volume = 6, - pages = {729--766}, - month = {October} -} - -@ARTICLE{michaelidesHaliassos:portfolio, - author = {Michaelides, Alexander and Haliassos, Michael}, - title = {Portfolio Choice and Liquidity Constraints}, - journal = {International Economic Review}, - year = 2003, - volume = 44, - pages = {144--177}, - number = 1, - month = {February} -} - -@ARTICLE{KalyvitisMichaelides:exchrates, - author = {Michaelides, Alexander and Kalyvitis, Sarantis}, - title = {New Evidence on the Effects of U.S.\ Monetary Policy - on Exchange Rates}, - journal = {Economics Letters}, - year = 2001, - volume = 71, - pages = {255--263}, - number = 2, - month = {May} -} - -@ARTICLE{michaelidesNg:speculative, - author = {Michaelides, Alexander and Ng, Serena}, - title = {Estimating the Rational Expectations Model of - Speculative Storage: A Monte Carlo Comparison of - Three Simulation Estimators}, - journal = {Journal of Econometrics}, - year = 2000, - volume = 96, - pages = {231--266}, - number = 2, - month = {June} -} - -@ARTICLE{ng:estbysim, - author = {Michaelides, Alexander and Ng, Serena}, - title = {Estimating the Rational Expectations Model of - Speculative Storage: A Monte Carlo Comparison of - Three Simulation Estimators}, - journal = {Manuscript, Department of Economics, Boston - University}, - year = 1997 -} - -@BOOK{micklethwaitWooldridgeCompany, - title = {The Company: A Short History of a Revolutionary - Idea}, - publisher = {Modern Library}, - year = 2002, - author = {Micklethwait, John and Wooldridge, Adrian} -} - -@MISC{milesi&roubini:hctax, - author = {{Milesi-Ferretti, Gian~Maria} and {Nouriel Roubini}}, - title = {Optimal Taxation of Human and Physical Capital in - Endogenous Growth Models}, - howpublished = {Mimeo}, - year = 1993 -} - -@ARTICLE{MillerPIH, - author = {Miller, Bruce L}, - title = {The Effect on Optimal Consumption of Increased - Uncertainty in Labor Income in the Multiperiod Case}, - journal = {Journal of Economic Theory}, - year = 1976, - volume = 13, - pages = {154--166} -} - -@ARTICLE{mishkin:durables, - author = {Mishkin, Frederic S.}, - title = {Consumer Sentiment and Spending on Durable Goods}, - journal = {Brookings Papers on Economic Activity, 1978:1}, - year = 1978, - pages = {217--231} -} - -@ARTICLE{mishkin:brookings, - author = {Mishkin, Frederic S.}, - title = {What Depressed the Consumer? The Household Balance - Sheet and the 1973-75 Recession}, - journal = {Brookings Papers on Economic Activity, 1977:1}, - year = 1977, - pages = {123--164} -} - -@ARTICLE{mishkin:aer, - author = {Mishkin, Frederic S.}, - title = {Illiquidity, Consumer Durable Expenditure, and - Monetary Policy}, - journal = {American Economic Review}, - year = 1976, - volume = 66, - pages = {642--654}, - number = 4 -} - -@TECHREPORT{misraSurico:heteroResponses, - author = {Kanisha Misra and Paolo Surico}, - title = {Heterogeneous Responses and Aggregate Impact of the - 2001 Income Tax Rebates}, - institution = {CEPR}, - year = 2011, - type = {discussion paper}, - number = 8306 -} - -@article{modiglianiWealth, - author = {Modigliani, Franco}, - title = {The Life Cycle Hypothesis, the Demand for Wealth, - and the Supply of Capital}, - journal = {Social Research}, - volume = 33, - pages = {160--217}, - year = 1966 -} - -@INCOLLECTION{modigliani:intercountry, - author = {Modigliani, Franco}, - title = {The Life Cycle Hypothesis of Saving and - Inter-Country Differences in the Saving Ratio}, - booktitle = {Induction, Growth, and Trade: Essays in Honor of Sir - Roy Harrod}, - publisher = {Clarendon Press}, - year = 1970, - editor = {Eltis, W.~A., et. al.}, - address = {London} -} - -@Article{modigliani:nobel, - Title = {Life Cycle, Individual Thrift, and the Wealth of - Nations}, - Author = {Modigliani, Franco}, - Journal = {American Economic Review}, - Year = 1986, - Month = {June}, - Note = {Available at { - \url{http://www.jstor.org/stable/1813352}}}, - Number = 76, - Pages = {297--313}, - Volume = 3, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1813352} -} - -@ARTICLE{ma63, - author = {Modigliani, Franco and Ando, Albert}, - title = {The Life Cycle Hypothesis of Saving: Aggregate - Implications and Tests}, - journal = {American Economic Review}, - year = 1963, - volume = 53, - pages = {55--84}, - number = 1 -} - -@INCOLLECTION{modigliani&brumberg:lifecycle, - author = {Modigliani, Franco and Brumberg, Richard}, - title = {Utility Analysis and the Consumption Function: An - Interpretation of Cross-Section Data}, - booktitle = {Post-Keynesian Economics}, - publisher = {Rutgers University Press}, - year = 1954, - editor = {Kurihara, Kenneth K.}, - pages = {388--436}, - address = {New Brunswick, N.J.} -} - -@ARTICLE{mmTheorem, - author = {Modigliani, Franco and Miller, Merton H.}, - title = {The Cost of Capital, Corporation Finance, and the - Theory of Investment}, - journal = {American Economic Review}, - year = 1958, - volume = 48, - pages = {261--297}, - number = 3, - month = {June} -} - -@INCOLLECTION{moffitt02, - author = {Moffitt, Robert}, - title = {Welfare Programs and Labor Supply}, - booktitle = {Handbook of Public Economics}, - publisher = {Elsevier}, - year = 2002, - editor = {Auerbach, A. J. and Feldstein, M.}, - volume = 4, - series = {Handbook of Public Economics}, - chapter = 34, - pages = {2393--2430} -} - -@ARTICLE{moffittID, - author = {Moffitt, Robert}, - title = {Identification And Estimation Of Dynamic Models With - A Time Series Of Repeated Cross-Sections}, - journal = {Journal of Econometrics}, - year = 1993, - volume = 59, - pages = {99--123}, - number = {1-2}, - publisher = {Elsevier} -} - -@ARTICLE{moffitt84, - author = {Moffitt, Robert}, - title = {The Estimation of a Joint Wage-Hours Labor Supply - Model}, - journal = {Journal of Labor Economics}, - year = 1984, - volume = 2, - pages = {550--66}, - number = 4 -} - -@ARTICLE{moffitt&gottschalk08, - author = {Moffitt, Robert A. and Gottschalk, Peter}, - title = {Trends in Transitory Variance of Male Earnings in - the U.S., 1970-2004}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{moffitt&gottschalk02, - author = {Moffitt, Robert A. and Gottschalk, Peter}, - title = {Trends in the Transitory Variance of Earnings in the - United States}, - journal = {Economic Journal}, - year = 2002, - volume = 112 -} - -@ARTICLE{moffitt&gottschalk95, - author = {Moffitt, Robert A. and Gottschalk, Peter}, - title = {Trends in the Covariance Structure of Earnings in - the U.S.: 1969-1987}, - journal = {Manuscript}, - year = 1995 -} - -@ARTICLE{mgCovariance, - author = {Moffitt, Robert and Gottschalk, Peter}, - title = {Trends in the Covariance Structure of Earnings in - the U.S.: 1969--1987}, - journal = {Journal of Economic Inequality}, - year = 2011, - volume = 9, - pages = {439--459}, - note = {doi: 10.1007/s10888-010-9154-z}, - affiliation = {Johns Hopkins University, Baltimore, MD, USA}, - file = - {/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/mgCovariance.pdf:/Volumes/Sync/DropBox/Bib/Raw/ByCiteKey/mgCovariance.pdf:PDF}, - issn = {1569-1721}, - issue = 3, - keyword = {Business and Economics}, - publisher = {Springer Netherlands}, - url = {http://dx.doi.org/10.1007/s10888-010-9154-z} -} - -@TECHREPORT{MooreJohnson:2005, - author = {Moore, Kevin and Johnson, Barry}, - title = {Consider the Source: Differences in Estimates of - Income and Wealth from Survey and Tax Data}, - institution = {Federal Reserve Board, Internal Revenue Service}, - year = 2005, - address = - {\href{http://www.federalreserve.gov/pubs/oss/oss2/papers/johnsmoore.pdf}{http://www.federalreserve.gov/pubs/oss/oss2/papers/johnsmoore.pdf}}, - month = {January} -} - -@ARTICLE{mor03, - author = {Moreira, Marcelo J.}, - title = {A Conditional Likelihood Ratio Test for Structural - Models}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {1027--1048}, - number = 4 -} - -@ARTICLE{morris&shin:inertia, - author = {Morris, Stephen and Shin, Hyung Sohn}, - title = {The Inertia of Forward Looking Expectations}, - journal = {Manuscript, London School of Economics}, - year = 2005 -} - -@ARTICLE{mpSearch, - author = {Mortensen, Dale T and Pissarides, Christopher A}, - title = {Job Creation and Job Destruction in the Theory of - Unemployment}, - journal = {Review of Economic Studies}, - year = 1994, - volume = 61, - pages = {397--415}, - number = 3, - month = {July}, - bdsk-url-1 = - {http://ideas.repec.org/a/bla/restud/v61y1994i3p397-415.html}, - url = - {http://ideas.repec.org/a/bla/restud/v61y1994i3p397-415.html} -} - -@ARTICLE{mroz87, - author = {Mroz, Thomas A}, - title = {The Sensitivity of an Empirical Model of Married - Women's Hours of Work to Economic and Statistical - Assumptions}, - journal = {Econometrica}, - year = 1987, - volume = 55, - pages = {765--99}, - number = 4 -} - -@ARTICLE{muellbauerFed, - author = {Muellbauer, John N.}, - title = {Housing, Credit, and Consumer Expenditure}, - journal = {Housing, Housing Finance, and Monetary Policy}, - year = 2007, - bdsk-url-1 = - {http://www.kc.frb.org/publicat/sympos/2007/PDF/Muellbauer_0415.pdf}, - publisher = {Federal Reserve Bank of Kansas City}, - url = {http://www.kc.frb.org/publicat/sympos/2007/PDF/Muellbauer_0415.pdf} -} - -@ARTICLE{mulligan&xavier:transition, - author = {Mulligan, Casey and i Martin, Xavier Sala}, - title = {Transitional Dynamics in Two-Sector Models of - Endogenous Growth}, - journal = {Quarterly Journal of Economics}, - year = 1993, - pages = {739--93}, - month = {August} -} - -@MISC{mulliganRBC, - author = {Mulligan, Casey B.}, - title = {Are Employers Unwilling to Hire, or Are Some Workers - Unwilling to Work?}, - howpublished = - {\url{http://economix.blogs.nytimes.com/2008/12/24/are-employers-unwilling-to-hire-or-are-workers-unwilling-to-work/}}, - year = 2008, - journal = {New York Times Economix Blog}, - volume = {January 8} -} - -@ARTICLE{Mulligan&sm:transdynam, - author = {{Mulligan, Casey B.} and {Xavier Sala-i-Martin}}, - title = {Transitional Dynamics in Two-Sector Models of - Endogenous Growth}, - journal = {Quarterly Journal of Economics}, - year = 1993, - volume = {CVIII}, - pages = {739--773}, - number = 3, - month = {August} -} - -@TECHREPORT{mrMobilityIndia, - author = {Munshi, Kaivan and Rosenzweig, Mark}, - title = {Why is Mobility in India so Low? Social Insurance, - Inequality, and Growth}, - institution = {National Bureau of Economic Research}, - year = 2009, - type = {Working Paper}, - number = 14850, - month = {April}, - abstract = {This paper examines the hypothesis that the - persistence of low spatial and marital mobility in - rural India, despite increased growth rates and - rising inequality in recent years, is due to the - existence of sub-caste networks that provide mutual - insurance to their members. Unique panel data - providing information on income, assets, gifts, - loans, consumption, marriage, and migration are used - to link caste networks to household and aggregate - mobility. Our key finding, consistent with the - hypothesis that local risk-sharing networks restrict - mobility, is that among households with the same - (permanent) income, those in higher-income caste - networks are more likely to participate in - caste-based insurance arrangements and are less - likely to both out-marry and out-migrate. At the - aggregate level, the networks appear to have coped - successfully with the rising inequality within - sub-castes that accompanied the Green - Revolution. The results suggest that caste networks - will continue to smooth consumption in rural India - for the foreseeable future, as they have for - centuries, unless alternative consumption-smoothing - mechanisms of comparable quality become available.}, - bdsk-url-1 = {http://www.nber.org/papers/w14850}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w14850} -} - -@ARTICLE{muth:rational, - author = {Muth, John F.}, - title = {Rational Expectations and the Theory of Price - Movements}, - journal = {Econometrica}, - year = 1961, - volume = 29, - pages = {315--35}, - number = 3, - month = {July} -} - -@article{muthOptimal, - author = {Muth, John F.}, - journal = {Journal of the American Statistical Association}, - number = {290}, - pages = {299--306}, - title = {Optimal Properties of Exponentially Weighted - Forecasts}, - volume = {55}, - year = {1960}, -} - - -@ARTICLE{naik&moore:habits, - author = {Naik, Narayan and Moore, Michael}, - title = {Habit Formation and Intertemporal Substitution in - Individual Food Consumption}, - journal = {Review of Economics and Statistics}, - year = 1996, - volume = 78, - pages = {321--328}, - number = 2 -} - -@BOOK{cnstatMeasuring, - title = {Measuring What We Spend: Toward a New Consumer - Expenditure Survey}, - publisher = {The National Academies Press}, - year = 2012, - author = {{National Research Council}}, - note = {Don A. Dillman and Carol C. House, Editors; Panel on - Redesigning the BLS Consumer Expenditure Surveys; - Committee on National Statistics; Division of - Behavioral and Social Sciences and Education}, - isbn = 9780309265751, - url = {http://www.nap.edu/openbook.php?record_id=13520} -} - -@ARTICLE{neave:inherit, - author = {Neave, Edwin H.}, - title = {Multiperiod Consumption-Investment Decisions and - Risk Preference}, - journal = {Journal of Economic Theory}, - year = 1971, - volume = 3, - pages = {40--53}, - number = 1 -} - -@ARTICLE{nelson&startz:disease, - author = {{Nelson, Charles R.} and Startz, Richard}, - title = {The Distribution of the Instrumental Variables - Estimator and its t-Ratio When the Instrument iIs a - Poor One}, - journal = {Journal of Business}, - year = 1990, - volume = 63, - pages = {125--140} -} - -@ARTICLE{nwTelescoping, - author = {Neter, J. and Waksberg, J.}, - title = {A Study Of Response Errors In Expenditures Data From - Household Interviews}, - journal = {Journal of the American Statistical Association}, - year = 1964, - pages = {18--55}, - publisher = {JSTOR} -} - -@ARTICLE{newey&west:hac, - author = {Newey, Whitney K. and West, Kenneth D.}, - title = {A Simple Positive Semi-Definite, Heteroskedasticity - and Autorcorrelation Consistent Covariance Matrix}, - journal = {Econometrica}, - year = 1987, - volume = 55, - pages = {703--708} -} - -@ARTICLE{ng:acase, - author = {Ng, Y.~K.}, - title = {A Case for Happiness, Cardinalism, and Interpersonal - Comparability}, - journal = {Economic Journal}, - year = 1997, - volume = 107, - pages = {1848--1858} -} - -@TECHREPORT{nielsenExpectations, - author = {Nielsen, Hannah}, - title = {Essays on Expectations}, - institution = {Aachen}, - year = 2003 -} -@ARTICLE{nv:risk, - author = {Nielsen, Helena~Skyt and Vissing-Jorgensen, Annette}, - title = {The Impact of Labor Income Risk on Educational - Choices: Estimates and Implied Risk Aversion}, - journal = {Manuscript}, - year = 2006 -} - -@ARTICLE{normanRuleOfLaw, - author = {Norman, Catherine S.}, - title = {Rule of Law And The Resource Curse: Abundance Versus - Intensity}, - journal = {Environmental and Resource Economics}, - year = 2009, - volume = 43, - pages = {183--207}, - number = 2, - note = {\\ - \url{http://www.springerlink.com/index/573331512G41V538.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/normanRuleOfLaw.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/normanRuleOfLaw.pdf:PDF}, - publisher = {Springer}, - url = - {http://www.springerlink.com/index/573331512G41V538.pdf} -} - -@ARTICLE{ndfMontreal, - author = {Norman, Catherine S. and DeCanio, Stephen and Fan, - Lin}, - title = {The Montreal Protocol at 20: Ongoing Opportunities - For Integration With Climate Protection}, - journal = {Global Environmental Change}, - year = 2008, - volume = 18, - pages = {330--340}, - number = 2, - note = {\\ - \url{http://www.sciencedirect.com/science/article/pii/S0959378008000198}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ndfMontreal.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/ndfMontreal.pdf:PDF}, - url = - {http://www.sciencedirect.com/science/article/pii/S0959378008000198} -} - -@ARTICLE{ow05, - author = {O'Reilly, Gerard and Whelan, Karl}, - title = {Has Euro-Area Inflatin Persistence Changed over - Time?}, - journal = {Review of Economics and Statistics}, - year = 2005, - volume = 87, - pages = {709--720}, - number = 4 -} - -@ARTICLE{obstfeld:habitsdiagram, - author = {Obstfeld, Maury}, - title = {International Adjustment with Habit-Forming - Consumption: A Diagrammatic Exposition}, - journal = {Review of International Economics}, - year = 1992, - volume = 1, - pages = {32--48}, - number = 1 -} - -@ARTICLE{orIntertemporal, - author = {Obstfeld, Maurice and Rogoff, Kenneth}, - title = {The Intertemporal Approach to the Current Account}, - journal = {in Handbook of International Economics, ed. by Gene - M. Grossman and Kenneth Rogoff (North Holland, - Amsterdam)}, - year = 1995, - volume = 3, - pages = {121--139} -} - -@BOOK{oecd04, - title = {Benefits and Wages: OECD Indicators}, - publisher = {Organization for Economic Co-operation and - Development}, - year = 2004, - author = {OECD} -} - - -@misc{carroll:reviewoecdOld, - journal = {Journal of Economic Literature}, - author = {OECD}, - year = {1997}, - note = {Book Review}, - title = {Global Capital Shortages: Real Threat or Pure Fiction?} -} - -% Version for CV -@article{carroll:reviewoecd, - doi = {10.2307/2729707}, - ISSN = {00220515}, - URL = {http://www.jstor.org/stable/2729707}, - author = {Christopher D. Carroll}, - journal = {Journal of Economic Literature}, - number = {1}, - pages = {137--138}, - publisher = {American Economic Association}, - reviewed-author = {Organisation for Economic Co-Operation and Development}, - volume = {35}, - year = {1997}, - note = {Book Review}, - title = {Global Capital Shortages: Real Threat or Pure Fiction?} -} - -@article{10.2307/2729707, - ISSN = {00220515}, - URL = {http://www.jstor.org/stable/2729707}, - author = {Christopher D. Carroll}, - journal = {Journal of Economic Literature}, - number = {1}, - pages = {137--138}, - publisher = {American Economic Association}, - reviewed-author = {Organisation for Economic Co-Operation and Development}, - volume = {35}, - year = {1997} -} - - -@BOOK{okunPandQ, - title = {Prices and Quantities: A Macroeconomic Analysis}, - publisher = {Brookings Institution Press}, - year = 1981, - author = {Okun, Arthur M.} -} - -@ARTICLE{ors:investment, - author = {Oliner, Stephen, Glenn D. Rudebusch and Sichel, - Daniel}, - title = {New and Old Models of Business Investment: A - Comparison of Forecasting Performance}, - journal = {Journal of Money, Credit, and Banking}, - year = 1995, - pages = {806--826}, - month = {August} -} - -@ARTICLE{ov97, - author = {Orazem, Peter F. and Vodopivec, Milan}, - title = {Value of Human Capital in transition to market: - Evidence from {S}lovenia}, - journal = {European Economic Review}, - year = 1997, - volume = 41, - pages = {893--903}, - number = {3--5} -} - -@ARTICLE{orphanides:realtimeaer, - author = {Orphanides, Athanasios}, - title = {Monetary Policy Rules Based on Real-Time Data}, - journal = {American Economic Review}, - year = 2001, - volume = 91, - pages = {964--985}, - number = 4, - month = {September}, - note = {available at - http://ideas.repec.org/a/aea/aecrev/v91y2001i4p964-985.html} -} - -@ARTICLE{orphanides:rationaladdictjpe, - author = {Orphanides, Athanasios and Zervos, David}, - title = {Rational Addiction with Learning and Regret}, - journal = {Journal of Political Economy}, - year = 1995, - volume = 103, - pages = {739--58}, - number = 4, - month = {August}, - note = {available at - http://ideas.repec.org/a/ucp/jpolec/v103y1995i4p739-58.html} -} - -@ARTICLE{OSY:2002, - author = {Ostergaard, Charlotte and Sorensen, Bent E. and - Yosha, Oved}, - title = {Consumption and Aggregate Constraints: Evidence from - U.S. States And Canadian Provinces}, - journal = {Journal of Polictical Economics}, - year = 2002, - volume = 110, - pages = {634--645}, - number = 3 -} - -@ARTICLE{ol92, - author = {{Osterwald--Lenum}, Michael}, - title = {A Note with Quantiles of the Asymptotic Distribution - of the Maximum Likelihood Cointegration Rank Test - Statistics}, - journal = {Oxford Bulletin of Economics and Statistics}, - year = 1992, - volume = 54, - pages = {461--472}, - number = 3 -} - -@TECHREPORT{Otsuka:2003, - author = {Ostuka, Misuzu}, - title = {Household Portfolio Choice with Illiquid Assets}, - institution = {Johns Hopkins University}, - year = 2003 -} - -@ARTICLE{oswald:happiness, - author = {Oswald, Andrew J.}, - title = {Happiness and Economic Performance}, - journal = {Economic Journal}, - year = 1997, - volume = 107, - pages = {1815--1831} -} - -@MISC{Otoo:1999, - author = {Otoo, Maria W.}, - title = {Consumer Sentiment and the Stock Market}, - howpublished = {Federal Reserve Board Finance and Discussion Series - working paper no. 1999-60}, - year = 1999, - abstract = {This paper examines the relationship between - movements in consumer sentiment and stock prices. At - the aggregate level, the two share a strong - contemporaneous relationship: an increase in equity - values boosts sentiment. However, I examined the - nature of the relationship between the two. Does an - increase in stock prices raise aggregate sentiment - because people are wealthier or because they use - movements in stock prices as an indicator of future - economic activity and potential labor income growth? - Using individual observations from the Michigan - survey I found results more consistent with the view - that people use movements in equity prices as a - leading indicator. Although the findings do not rule - out a traditional wealth effect, they do raise some - questions about the causal role of wealth in - aggregate spending.} -} - -@ARTICLE{otoo:consumersentiment, - author = {Otoo, Maria Ward}, - title = {Consumer Sentiment and the Stock Market}, - journal = {Board of Governors of the Federal Reserve}, - year = 1999 -} - -@ARTICLE{overland:habits, - author = {Overland, Jody}, - title = {Optimal Saving with Stochastic Income and Habit - Formation}, - journal = {Manuscript, Brown University}, - year = 1997 -} - -@ARTICLE{padulaApprox, - author = {Padula, Mario}, - title = {An Approximate Consumption Function}, - journal = {Presentation at Computing in Economics and Finance - Meetings, Cyprus, 2006} -} - -@ARTICLE{pag84, - author = {Pagan, Adrian}, - title = {Econometric Issues in the Analysis of Regressions - with Generated Regressors}, - journal = {International Economic Review}, - year = 1984, - volume = 25, - pages = {221--247}, - number = 1 -} - -@ARTICLE{palumbo:medical, - author = {Palumbo, Michael G}, - title = {Uncertain Medical Expenses and Precautionary Saving - Near the End of the Life Cycle}, - journal = {Review of Economic Studies}, - year = 1999, - volume = 66, - pages = {395--421}, - number = 2, - note = {Available at - {\url{http://ideas.repec.org/a/bla/restud/v66y1999i2p395-421.html}}} -} - -@ARTICLE{palumbo:medicalWP, - author = {Palumbo, Michael G.}, - title = {Precautionary Saving and Out-Of-Pocket Medical - Expenditures Near the End of the Life Cycle}, - journal = {Manuscript, University of Houston}, - year = 1997 -} - -@ARTICLE{parente&prescott:technology, - author = {{Parente, Steven L.} and {Edward C. Prescott}}, - title = {Barriers to Technology Adoption and Development}, - journal = {Journal of Political Economy}, - year = 1994, - volume = 102, - pages = {298--321}, - number = 2 -} - -@ARTICLE{parkLiqConstrContinuous, - author = {Park, Myung-Ho}, - title = {An Analytical Solution to the Inverse Consumption - Function with Liquidity Constraints}, - journal = {Economics Letters}, - year = 2006, - volume = 92, - pages = {389--394} -} - -@comment{parkerSocSec:socialsecurityOld} -@ARTICLE{parkerSocSec, - author = {Parker, Jonathan A.}, - title = {The Reaction of Household Consumption to Predictable - Changes in Social Security Taxes}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {959--973}, - number = 4, - month = {September} -} - -@ARTICLE{ParkerRiskReturn, - author = {Parker, Jonathan A.}, - title = {Consumption Risk and Expected Stock Returns}, - journal = {American Economic Review Papers and Proceedings}, - year = 2003, - volume = 93, - number = 2, - month = {May}, - note = {Available at { - \url{http://ideas.repec.org/p/nbr/nberwo/9548.html}}} -} - -@INCOLLECTION{Parker:Spendthrift, - author = {Parker, Jonathan A.}, - title = {Spendthrift in America? On Two Decades of Decline in - the U.S.\ Saving Rate}, - booktitle = {NBER Macroeconomics Annual 1999, Volume 14}, - publisher = {National Bureau of Economic Research, Inc}, - year = 2000, - series = {NBER Chapters}, - pages = {317--387}, - month = {July}, - bdsk-url-1 = {http://ideas.repec.org/h/nbr/nberch/11050.html}, - url = {http://ideas.repec.org/h/nbr/nberch/11050.html} -} - -@INCOLLECTION{parker_nberma_spendthrift, - author = {Parker, Jonathan A.}, - title = {Spendthrift in America? On Two Decades of Decline in - the U.S.\ Saving Rate}, - booktitle = {NBER Macroeconomics Annual 1999, Volume 14}, - publisher = {National Bureau of Economic Research, Inc}, - year = 2000, - series = {NBER Chapters}, - pages = {317--387}, - month = {July}, - bdsk-url-1 = {http://ideas.repec.org/h/nbr/nberch/11050.html}, - url = {http://ideas.repec.org/h/nbr/nberch/11050.html} -} - -@ARTICLE{parkerSocSecReEst, - author = {Parker, Jonathan A.}, - title = {The Consumption Function Re-Estimated}, - journal = {Mimeo, Princeton University}, - year = 1999 -} - -@ARTICLE{pjLuxuries, - author = {Parker, Jonathan A and Julliard, Christian}, - title = {Consumption Risk And The Cross Section Of Expected - Returns}, - journal = {Journal of Political Economy}, - year = 2005, - volume = 113, - pages = {185--222}, - number = 1, - publisher = {JSTOR} -} - -@ARTICLE{ParkerPrestonPrecaution, - author = {Parker, Jonathan A. and Preston, Bruce}, - title = {Precautionary Saving and Consumption Fluctuations}, - journal = {American Economic Review}, - year = 2005, - volume = 95, - pages = {1119--1143}, - number = 4, - month = {September} -} - -% Crossref = "NBERcarr11-1", -@article{ParkerSoulelesCarroll-0-NBER, - title = "The Benefits of Panel Data in Consumer Expenditure - Surveys", - author = "Jonathan A. Parker and Nicholas S. Souleles and - Christopher D. Carroll", - year = 2014, - month = "July", - journal = {NBER Book Chapter Drafts Series}, - URL = "http://www.nber.org/chapters/c12674", - note = {At \url{http://www.nber.org/chapters/c12674}} -} - -% type = "Book", -@book{NBERcarr11-1, - title = "Improving the Measurement of Consumer Expenditures", - editor = "Christopher Carroll and Thomas Crossley and John - Sabelhaus", - institution = "National Bureau of Economic Research", - publisher = "University of Chicago Press", - year = {2015}, - volume = 74, - series = {NBER-CRIW Series in Income and Wealth}, - URL = "http://www.nber.org/books/carr11-1", -} - -@ARTICLE{jps:rebatesWP, - author = {Parker, Jonathan A. and Souleles, Nicholas S. and - Johnson, David S.}, - title = {Consumption and Tax Cuts: Evidence from the - Randomized Income Tax Rebates of 2001}, - journal = {Manuscript, The Wharton School}, - year = 2003 -} - -@TECHREPORT{PSJM2008, - author = {Parker, Jonathan A. and Souleles, Nicholas S and - Johnson, David S. and McClelland, Robert}, - title = {Consumer Spending and the Economic Stimulus Payments - of 2008}, - institution = {National Bureau of Economic Research, Inc}, - year = 2011, - type = {NBER Working Papers}, - number = 16684 -} - -@TECHREPORT{pvWhoBears, - author = {Parker, Jonathan A. and Vissing-Jorgensen, Annette}, - title = {Who Bears Aggregate Fluctuations and How?}, - institution = {National Bureau of Economic Research, Inc}, - year = 2009, - type = {NBER Working Papers}, - number = 14665, - month = Jan, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/14665.html}, - url = {http://ideas.repec.org/p/nbr/nberwo/14665.html} -} - -@ARTICLE{pbStim, - author = {Parker, Jonathan and Broda, Christian}, - title = {The Economic Stimulus Payments of 2008 and the - Aggregate Demand for Consumption}, - journal = {Manuscript, Northwestern University}, - year = {2011} -} - -@BOOK{paulos:innumeracy, - title = {Innumeracy: Mathematical Illiteracy and Its - Consequences}, - publisher = {Vintage Books}, - year = 1990, - author = {Paulos, John Allen}, - address = {New York} -} - -@ARTICLE{paxson:sandg, - author = {Paxson, Christina H.}, - title = {Saving and Growth: Evidence from Micro Data}, - journal = {European Economic Review}, - year = 1995, - volume = 40, - pages = {255--88}, - month = {February} -} - -@ARTICLE{Pedroni2004, - author = {Pedroni, Peter}, - title = {Panel Cointegration: Asymptotic and Finite Sample - Properties of Pooled Time Series Tests with an - Application to the PPP Hypothesis}, - journal = {Econometric Theory}, - year = 2004, - volume = 20, - pages = {597--625} -} - -@ARTICLE{peek:saving, - author = {Peek, Joe}, - title = {Capital Gains and Personal Saving Behavior}, - journal = {Journal of Money, Credit, and Banking}, - year = 1983, - volume = 15, - pages = {1--23} -} - -@Article{pemberton:failure, - Title = {The Empircial Failure of the Life Cycle Model with - Perfect Capital Markets}, - Author = {Pemberton, James}, - Journal = {Oxford Economic Papers}, - Year = 1997, - Note = {Available at - {\url{http://www.jstor.org/stable/2663734}}}, - Number = 1, - Pages = {129--151}, - Volume = 49, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/2663734} -} - -@ARTICLE{pendakur:inequality, - author = {Pendakur, Krishna}, - title = {Taking Prices Seriously in the Measurement of - Inequality}, - journal = {Journal of Public Economics}, - volume = 86, - pages = {47--69}, - number = 1 -} - -@ARTICLE{phelps69, - author = {Phelps, Edmund S.}, - title = {The New Microeconomics in Inflation and Employment - Theory}, - journal = {American Economic Review}, - year = 1969, - volume = 59, - pages = {147--160}, - number = 2 -} - -@ARTICLE{phelps:golden, - author = {Phelps, Edmund S.}, - title = {The Golden Rule of Accumulation}, - journal = {American Economic Review}, - year = 1961, - pages = {638--642}, - month = {September}, - note = {Available at { - \url{http://teaching.ust.hk/~econ343/PAPERS/Edmund - Phelps-The Golden Rule of Accumulation- A fable for - Growth Men.pdf}}} -} - -@ARTICLE{phelpsRisk, - author = {Phelps, Edward S.}, - title = {The Accumulation of Risky Capital: A Sequential - Utility Analysis}, - journal = {Econometrica}, - year = 1960, - volume = 30, - pages = {729--743}, - number = 4 -} - -@ARTICLE{po90, - author = {Phillips, Peter C. B. and Ouliaris, Sam}, - title = {Asymptotic Properties of Residual Based Tests for - Cointegration}, - journal = {Econometrica}, - year = 1990, - volume = 58, - pages = {165--193}, - number = 1 -} - -@ARTICLE{pst07, - author = {Monika Piazessi and Martin Schneider and Selale - Tuzel}, - title = {Housing, Consumption and Asset Pricing}, - journal = {Journal of Financial Economics}, - year = 2007, - volume = 83, - pages = {531--569} -} - -@ARTICLE{pichette&tremblay:wealtheffects, - author = {Pichette, Lise and Tremblay, Dominique}, - title = {Are Wealth Effects Important for Canada?}, - journal = {Bank of Canada Working Paper 30}, - year = 2003 -} - -@TECHREPORT{pt03, - author = {Pichette, Lise and Tremblay, Dominique}, - title = {Are Wealth Effects Important for Canada?}, - institution = {Bank of Canada}, - year = 2003, - type = {working paper}, - number = 30 -} - -@ARTICLE{piergiorgio:stockmarket, - author = {Piergiorgio, Alessandri}, - title = {Aggregate Consumption and the Stock Market: A New - Assessment of the Equity Wealth Effect}, - journal = {Manuscript, University of London}, - year = 2003 -} - -@TECHREPORT{pl03, - author = {Piger, Jeremy and Levin, Andrew}, - title = {Is Inflation Persistence Intrinsic in Industrial - Economies?}, - institution = {Federal Reserve Bank of St. Louis}, - year = 2003, - type = {Federal Reserve Bank of St. Louis working paper.}, - number = 23 -} - -@ARTICLE{pigou:utility, - author = {Pigou, A. C.}, - title = {Some Remarks on Utility}, - journal = {Economic Journal}, - year = 1903, - pages = {58--68} -} - -@BOOK{pinker:mind, - title = {How the Mind Works}, - publisher = {W.W. Norton And Company}, - year = 1997, - author = {Pinker, Stephen} -} - -@ARTICLE{pischkeMicroMacro, - author = {Pischke, J{\"o}rn-Steffen}, - title = {Individual Income, Incomplete Information, and - Aggregate Consumption}, - journal = {Econometrica}, - year = 1995, - volume = 63, - pages = {805--40}, - number = 4, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/pischkeMicroMacro.pdf}, -} - -@INPROCEEDINGS{ppsDistribution, - author = {Pistaferri, Luigi and Saporta-Eksten, Itay}, - title = {Changes in the Income Distribution and Aggregate - Consumption}, - booktitle = {Federal Reserve Board meeting}, - year = 2012 -} - -@ARTICLE{pr07, - author = {Pivetta, Frederick and Reis, Ricardo}, - title = {The persistence of inflation in the United States}, - journal = {Journal of Economic Dynamics and Control}, - year = 2007, - volume = 34, - pages = {1326--1358}, - number = 1 -} - -@ARTICLE{ploner:wealtheffects, - author = {Ploner, Matteo}, - title = {The Financial Markets and Wealth Effects on - Consumption}, - journal = {Universita Degli Di Trento Discussion Paper 6}, - year = 2003 -} - -@ARTICLE{polbornCalibration, - author = {Polborn, Mattias K.}, - title = {Calibrating The World And The World Of Calibration}, - journal = {Manuscript, University of Western Ontario}, - year = 2001, - note = - {\url{http://publish.uwo.ca/~mpolborn/calibration.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/polbornCalibration.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/polbornCalibration.pdf:PDF}, - url = {http://publish.uwo.ca/~mpolborn/calibration.pdf} -} - -@ARTICLE{pollack:tastes, - author = {Pollack, Robert A.}, - title = {Endogenous Tastes in Demand and Welfare Analysis}, - journal = {American Economic Review}, - year = 1978, - volume = 68, - pages = {374--79} -} - -@BOOK{Porter:1990, - title = {The Competitive Advantage of Nations}, - publisher = {New York: Free Press}, - year = 1990, - author = {Porter, Michael E.} -} - -@INCOLLECTION{posen:cred2, - author = {Posen, Adam S.}, - title = {Declarations Are Not Enough: Financial Sector - Sources of Central Bank Independence}, - booktitle = {NBER Macroeconomics Annual}, - publisher = {MIT Press}, - year = 1995, - editor = {Bernanke, Ben S. and Rotemberg, Julio J.}, - pages = {258--74}, - address = {Cambridge, MA} -} - -@ARTICLE{posen:cred, - author = {Posen, Adam S.}, - title = {Central Bank Independence and Disinflationary - Credibility: A Missing Link?}, - journal = {Oxford Economic Papers}, - year = 1998, - volume = 50, - pages = {335--59}, - number = 3 -} - -@ARTICLE{posen:credold, - author = {Posen, Adam S.}, - title = {Central Bank Independence and Disinflationary - Credibility: A Missing Link?}, - journal = {Federal Reserve Bank of New York Staff Reports}, - year = 1995, - number = 1 -} - -@INCOLLECTION{poterba:taxportfolios, - author = {Poterba, James M.}, - title = {Taxation and Portfolio Structure: Issues and - Implications}, - booktitle = {Household Portfolios}, - publisher = {MIT Press}, - year = 2001, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, - Tullio} -} - -@ARTICLE{Poterba:2000, - author = {Poterba, James M.}, - title = {Stock Market Wealth and Consumption}, - journal = {Journal of Economic Perspectives}, - year = 2000, - volume = 14, - pages = {99--118}, - number = 2, - abstract = {This paper explores the link between changes in the - aggregate value of corporate stock and changes in - consumer spending. It presents data on the - distribution of corporate stock ownership based on - the 1998 Survey of Consumer Finances. It also uses - time-series evidence on the comovement of stock - market wealth and various categories of consumer - spending to calibrate {"}the wealth effect.{"} It - concludes that in the year after a change in stock - market values, consumer spending is likely to rise - by between one and two cents for each dollar - increase in the value of corporate stock.} -} - -@article{10.2307/2728815, - ISSN = {00220515}, - URL = {http://www.jstor.org/stable/2728815}, - author = {Christopher D. Carroll}, - journal = {Journal of Economic Literature}, - number = {4}, - pages = {1881--1882}, - publisher = {American Economic Association}, - reviewed-author = {James H. Gapinski}, - volume = {32}, - year = {1994}, - title = {The Economics of Saving}, - note = {Book Review} - } - - -% Version for CV; "author" should be author of item reviewed -@article{carroll:reviewpoterba, - ISSN = {00220515}, - URL = {http://www.jstor.org/stable/2729228}, - author = {James M. Poterba}, - journal = {Journal of Economic Literature}, - number = {2}, - pages = {765--766}, - publisher = {American Economic Association}, - volume = {34}, - year = {1996}, - title = {International Comparisons of Household Saving}, - note = {Book Review}, - doi = {10.2307/2729228}, - url = {www.jstor.org/stable/2729228} -} - - -@article{10.2307/2729228, - ISSN = {00220515}, - URL = {http://www.jstor.org/stable/2729228}, - author = {Christopher D. Carroll}, - journal = {Journal of Economic Literature}, - number = {2}, - pages = {765--766}, - publisher = {American Economic Association}, - reviewed-author = {James M. Poterba}, - volume = {34}, - year = {1996} -} - -@ARTICLE{poterba:excise, - author = {Poterba, James M.}, - title = {Lifetime incidence and the distributional burden of - excise taxes}, - journal = {American Economic Review}, - year = 1989, - volume = 79, - pages = {325--330} -} - -@ARTICLE{poterba&samwick:stockmarket, - author = {Poterba, James M. and Samwick, Andrew A.}, - title = {Stock Ownership Patterns, Stock Market Fluctuations, - and Consumption}, - journal = {Brookings Paper on Economic Activity}, - year = 1995, - volume = 2, - pages = {295--372} -} - -@INCOLLECTION{powell, - author = {Powell, James L.}, - title = {Estimation of Semiparametric Models}, - booktitle = {Handbook of Econometrics}, - publisher = {Elsevier}, - year = 1994, - volume = 4, - pages = {2443--2521} -} - -@ARTICLE{prs:brookings, - author = {Prasad, Eswar and Rajan, Raghuram and Subramanian, - Arvind}, - title = {Foreign Capital and Economic Growth}, - journal = {Brookings Papers on Economic Activity}, - year = 2007, - pages = {153--230} -} - -@ARTICLE{pratt:smallandlarge, - author = {Pratt, John W.}, - title = {Risk Aversion in the Small and in the Large}, - journal = {Econometrica}, - year = 1964, - volume = 32, - pages = {122--136} -} - -@ARTICLE{quadrini:entrepreneurship, - author = {Quadrini, Vincenzo}, - title = {Entrepreneurship, Saving, and Social Mobility}, - journal = {Review of Economic Dynamics}, - year = 2000, - volume = 3, - pages = {1--40}, - number = 1 -} - -@ARTICLE{quadrini:wealth, - author = {Quadrini, Vincenzo}, - title = {The Importance of Entrepreneurship for Wealth - Concentration and Mobility}, - journal = {The Review of Income and Wealth}, - year = 1999, - volume = 45, - pages = {1--20} -} - -@ARTICLE{quadrini&riosrull:wealth, - author = {Quadrini, Vincenzo and R{\'}{i}os-Rull, - Jos{\'}{e}-V{\'}{i}ctor}, - title = {Models of the Distribution of Wealth}, - journal = {Manuscript, University of Pennsylvania}, - year = 1997 -} - -@ARTICLE{quah:identification, - author = {Quah, Danny}, - title = {The Relative Importance of Permanent and Transitory - Components: Identification and Some Theoretical - Bounds}, - journal = {Econometrica}, - year = 1992, - volume = 60, - pages = {107--18}, - number = 1 -} - -@ARTICLE{quah:smooth, - author = {Quah, Danny}, - title = {Permanent and Transitory Movements in Labor Income: - An Explanation for {``}Excess Smoothness{''} in - Consumption}, - journal = {Journal of Political Economy}, - year = 1990, - volume = 98, - pages = {449--75}, - number = 3 -} - -@ARTICLE{rabin:psych, - author = {Rabin, Matthew}, - title = {Psychology and Economics}, - journal = {Journal of Economic Literature}, - year = 1998, - volume = {XXXVI}, - pages = {11--46}, - month = {March} -} - -@ARTICLE{rbm:lossaversion, - author = {Rabin, Matthew and Bowman, David and Minehart, - Deborah}, - title = {Loss Aversion in a Consumption-Savings Model}, - journal = {Journal of Economic Behavior and Organization}, - year = 1999, - volume = 38, - pages = {155--178}, - number = 2, - month = {February} -} - -@ARTICLE{odonoghue&rabin:noworlater, - author = {Rabin, Matthew and O'Donoghue, Ted}, - title = {Doing It Now or Later}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {103--24}, - number = 1 -} - -@ARTICLE{rameyFrancisLeisure, - author = {Ramey, Valerie A. and Francis, Neville}, - title = {A Century of Work and Leisure}, - journal = {NBER Working Paper Number 12264}, - year = 2006 -} - -@UNPUBLISHED{Ravina:2005, - author = {Ravina, Enrichetta}, - title = {Habit Persistence and Keeping Up with the Joneses: - Evidence from Micro Data}, - note = {Working Paper}, - month = {November}, - year = 2005 -} - -@ARTICLE{rebelo:long, - author = {Rebelo, Sergio T.}, - title = {Long-Run Policy Analysis and Long-Run Growth}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {500--521}, - number = 3, - month = {June} -} - - -@ARTICLE{reisPortugal, - author = {Reis, Ricardo}, - title = {The Portuguese Slump-Crash and the Euro-Crisis}, - journal = {Brookings Papers on Economic Activity}, - year = 2013 -} - -@TECHREPORT{rei04, - author = {Reis, Ricardo}, - title = {Inattentive Consumers}, - institution = {Princeton University}, - year = 2004, - type = {mimeo} -} - -@ARTICLE{reiter:backward, - author = {Reiter, Michael}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty by Backward Induction}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {28--35}, - number = 1, - month = {January} -} - -@ARTICLE{reiter08, - author = {Reiter, Michael}, - title = {Solving Heterogeneous-Agent Models by Backward - Induction}, - journal = {Manuscript}, - year = 2008 -} - -@ARTICLE{reiter06, - author = {Reiter, Michael}, - title = {Solving Heterogeneous-Agent Models by Projection and - Perturbation}, - journal = {Manuscript}, - year = 2006 -} - -@ARTICLE{reiter:recursive, - author = {Reiter, Michael}, - title = {Recursive Computation of Heterogeneous Agent Models}, - journal = {Paper Prepared for SITE Conference, Summer 2004, - Stanford University}, - year = 2004 -} - -@ARTICLE{reiterRich, - author = {Reiter, Michael}, - title = {Do the rich save too much? How to explain the top - tail of the wealth distribution}, - journal = {manuscript, Universitat Pompeu Fabra}, - year = 2004, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/reiterRich.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/reiterRich.pdf:PDF} -} - -@ARTICLE{csxanth3, - author = {Reyes-Morales, Sally E.}, - title = {Characteristics of Nonresponders in the Consumer - Expenditure Quarterly Interview Survey}, - journal = {Consumer Expenditure Survey Anthology}, - year = 2005, - pages = {18--23}, - note = - {\url{http://www.bls.gov/cex/anthology05/csxanth3.pdf}}, - file = {csxanth3.pdf:csxanth3.pdf:PDF}, - url = {http://www.bls.gov/cex/anthology05/csxanth3.pdf} -} - -@ARTICLE{csxanth4, - author = {Reyes-Morales, Sally E.}, - title = {Characteristics of Complete and Intermittent - Responders in the Consumer Expenditure Quarterly - Interview Survey}, - journal = {Consumer Expenditure Survey Anthology}, - year = 2003, - pages = {25--29}, - note = {\url{http://www.bls.gov/cex/anthology/csxanth4.pdf}}, - file = {csxanth4.pdf:csxanth4.pdf:PDF}, - url = {http://www.bls.gov/cex/anthology/csxanth4.pdf} -} - -@ARTICLE{reitzDisasters, - author = {Rietz, Thomas A.}, - title = {The Equity Risk Premium: A Solution}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 22, - pages = {117--131}, - number = 1 -} - -@ARTICLE{rrUnbounded, - author = {Rinc{\'o}n-Zapatero, Juan Pablo and - Rodr{\i}guez-Palmero, Carlos}, - title = {Existence and Uniqueness of Solutions to the Bellman - Equation in the Unbounded Case}, - journal = {Econometrica}, - year = 2003, - volume = 71, - pages = {pp.1519--1555}, - number = 5, - abstract = {We study the problem of the existence and uniqueness - of solutions to the Bellman equation in the presence - of unbounded returns. We introduce a new approach - based both on consideration of a metric on the space - of all continuous functions over the state space, - and on the application of some metric fixed point - theorems. With appropriate conditions we prove - uniqueness of solutions with respect to the whole - space of continuous functions. Furthermore, the - paper provides new sufficient conditions for the - existence of solutions that can be applied to fairly - general models. It is also proven that the fixed - point coincides with the value function and that it - can be approached by successive iterations of the - Bellman operator.}, - copyright = {Copyright © 2003 The Econometric Society}, - file = - {ByCiteKey/rrUnbounded.pdf:ByCiteKey/rrUnbounded.pdf:PDF}, - issn = 00129682, - jstor_articletype ={research-article}, - jstor_formatteddate ={Sep., 2003}, - language = {English}, - publisher = {The Econometric Society}, - url = {http://www.jstor.org/stable/1555510} -} - -@ARTICLE{robertsStickyInfl, - author = {Roberts, John M.}, - title = {Is Inflation Sticky?}, - journal = {Journal of Monetary Economics}, - year = 1997, - pages = {173--196}, - number = 2 -} - -@ARTICLE{robertsQJE:inflexp, - author = {Roberts, John M.}, - title = {Inflation Expectations and the Transmission of - Monetary Policy}, - journal = {Federal Reserve Board FEDS working paper Number - 1998-43}, - year = 1998 -} - -@ARTICLE{roberts:phillips, - author = {Roberts, John M.}, - title = {New Keynesian Economics and the Phillips Curve}, - journal = {Journal of Money, Credit, and Banking}, - year = 1995, - volume = 27, - pages = {975--984}, - number = 4 -} - -@BOOK{robinson:philosophy, - title = {Economic Philosophy}, - publisher = {Aldine}, - year = 1962, - author = {Robinson, Joan}, - address = {Chicago} -} - -@ARTICLE{rodrikSavTransitions, - author = {Rodrik, Dani}, - title = {Saving Transitions}, - journal = {The World Bank Economic Review}, - year = 2000, - volume = 14, - pages = {481--507}, - number = 3, - publisher = {World Bank} -} - -@ARTICLE{rodrik:transitions, - author = {Rodrik, Dani}, - title = {Saving Transitions}, - journal = {Manuscript, Harvard University}, - year = 1999 -} - -@ARTICLE{romerFiscal, - author = {Romer, Christina D.}, - title = {What Do We Know about the Effects of Fiscal Policy? - Separating Evidence from Ideology}, - journal = {Speech at Hamilton College, November}, - year = 2011 -} - -@BOOK{romer:text, - title = {Advanced Macroeconomics}, - publisher = {McGraw-Hill/Irwin}, - year = 2011, - author = {Romer, David}, - edition = {Fourth} -} - -@INCOLLECTION{romer:capform, - author = {Romer, Paul M.}, - title = {Capital Accumulation in the Theory of Long Run - Growth}, - booktitle = {Modern Business Cycle Theory}, - publisher = {Harvard University Press}, - year = 1989, - editor = {Barro, Robert J.}, - address = {Cambridge, Massachusetts} -} - -@ARTICLE{Romer:1986, - author = {Romer, Paul M}, - title = {Increasing Returns and Long-Run Growth}, - journal = {Journal of Political Economy}, - year = 1986, - volume = 94, - pages = {1002--37}, - number = 5, - month = {October} -} - -@ARTICLE{romer:growth, - author = {Romer, Paul M.}, - title = {Increasing Returns and Long Run Growth}, - journal = {Journal of Political Economy}, - year = 1986, - volume = 94, - pages = {1002--37}, - month = {October} -} - -@INCOLLECTION{rotemberg&woodford:macroannual, - author = {Rotemberg, Julio J. and Woodford, Michael}, - title = {An Optimization-Based Econometric Model for the - Evaluation of Monetary Policy}, - booktitle = {NBER Macroeconomics Annual, 1997}, - publisher = {MIT Press}, - year = 1997, - editor = {Bernanke, Benjamin S. and Rotemberg, Julio J.}, - volume = 12, - pages = {297--346}, - address = {Cambridge, MA} -} - -@ARTICLE{rotembergWoodfordPred, - author = {Rotemberg, Julio J. and Woodford, Michael}, - title = {Real Business Cycle Models and the Forecastable - Movements in Output, Hours and Consumption}, - journal = {American Economic Review}, - year = 1996, - volume = 86, - pages = {71--89}, - number = 1, - month = {January} -} - -@ARTICLE{roth&erev:learning, - author = {Roth, Alvin and Erev, Ido}, - title = {Learning in Extensive-Form Games: Experimental Data - and Simple Dynamic Models in the Intermediate Term}, - journal = {Games and Economic Behavior}, - year = 1995, - volume = 8, - pages = {164--212} -} - -@ARTICLE{Rudd2006, - author = {Jeremy Rudd and Karl Whelan}, - title = {A Note on the Cointegration of Consumption, Income, - and Wealth}, - journal = {Review of Economic Dynamics}, - year = 2006, - volume = 9, - pages = {34--51} -} - -@ARTICLE{rwCWRatio, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Empirical Proxies for the Consumption-Wealth Ratio}, - journal = {Review of Economic Dynamics}, - year = 2006, - volume = 9, - pages = {34--51}, - month = {January} -} - -@ARTICLE{rwAER06, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Can Rational Expectations Sticky-Price Models - Explain Inflation Dynamics?}, - journal = {American Economic Review}, - year = 2006, - volume = 96, - pages = {303--320}, - number = 1 -} - -@TECHREPORT{rw03, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Can Rational Expectations Sticky-Price Models - Explain Inflation Dynamics?}, - institution = {Federal Reserve Bank of Boston}, - year = 2005, - type = {mimeo} -} - -@TECHREPORT{rw05, - author = {Jeremy Rudd and Karl Whelan}, - title = {Modelling Inflation Dynamics: A Critical Survey of - Recent Research}, - institution = {Federal Reserve Bank of Boston}, - year = 2005, - type = {mimeo} -} - -@TECHREPORT{rw02, - author = {Rudd, Jeremy and Whelan, Karl}, - title = {Empirical Proxies for the Consumption--Wealth Ratio}, - institution = {Federal Reserve Board}, - year = 2002, - type = {FEDS working paper}, - number = 38 -} - -@BOOK{runciman:deprivation, - title = {Relative Deprivation and Social Justice: A Study of - Attitudes to Social Inequality in Twentieth-Century - England}, - publisher = {University of California Press}, - year = 1966, - author = {Runciman, W. G.}, - address = {Berkeley} -} - -@ARTICLE{runkle:PSID, - author = {Runkle, David E.}, - title = {Liquidity Constraints and the Permanent Income - Hypothesis: Evidence from Panel Data}, - journal = {Journal of Monetary Economics}, - year = 1991, - volume = 27, - pages = {39--98}, - number = 1 -} - -@ARTICLE{ryder&heal:optgrow, - author = {{Ryder, Harl} and {Geoffrey Heal}}, - title = {Optimal Growth with Intertemporally Dependent - Preferences}, - journal = {Review of Economic Studies}, - year = 1973, - volume = 40, - pages = {1--31}, - month = {January} -} - -@ARTICLE{sabelhaus&groen:measurement, - author = {Sabelhaus, John and Groen, Jeff}, - title = {Can Permanent-Income Theory Explain Cross-Section - Consumption Patterns?}, - journal = {Manuscript, Congressional Budget Office}, - year = 1998 -} - -@ARTICLE{sjasgghByIncome, - author = {John Sabelhaus and David Johnson and Stephen Ash and - David Swanson and Thesia Garner and John Greenlees - and Steve Henderson}, - title = {Is the Consumer Expenditure Survey Representative by - Income?}, - journal = {CRIW, University of Chicago Press}, - year = 2012, - month = {March 13} -} - -@article{szWIneq_MS, - author = {Emmanuel Saez and Gabriel Zucman}, - title = {Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data}, - year = {forthcoming}, -} - -@article{szWIneq, - title = "Wealth Inequality in the United States Since 1913: Evidence from Capitalized Income Tax Data", - author = "Emmanuel Saez and Gabriel Zucman", - institution = "National Bureau of Economic Research", - journal = {Quarterly Journal of Economics}, - year = "2016", - month = "May", - doi = {10.1093/qje/qjw004.}, - URL = "http://www.nber.org/papers/w20625", - abstract = {This paper combines income tax returns with Flow of Funds data to estimate the distribution of household wealth in the United States since 1913. We estimate wealth by capitalizing the incomes reported by individual taxpayers, accounting for assets that do not generate taxable income. We successfully test our capitalization method in three micro datasets where we can observe both income and wealth: the Survey of Consumer Finance, linked estate and income tax returns, and foundations' tax records. Wealth concentration has followed a U-shaped evolution over the last 100 years: It was high in the beginning of the twentieth century, fell from 1929 to 1978, and has continuously increased since then. The rise of wealth inequality is almost entirely due to the rise of the top 0.1\% wealth share, from 7\% in 1979 to 22\% in 2012--a level almost as high as in 1929. The bottom 90\% wealth share first increased up to the mid-1980s and then steadily declined. The increase in wealth concentration is due to the surge of top incomes combined with an increase in saving rate inequality. Top wealth-holders are younger today than in the 1960s and earn a higher fraction of total labor income in the economy. We explain how our findings can be reconciled with Survey of Consumer Finances and estate tax data.}, -} - -@techreport{NBERw20625, - title = "Wealth Inequality in the United States since 1913: Evidence from Capitalized Income Tax Data", - author = "Emmanuel Saez and Gabriel Zucman", - institution = "National Bureau of Economic Research", - type = "Working Paper", - series = "Working Paper Series", - number = "20625", - year = "2014", - month = "October", - doi = {10.3386/w20625}, - URL = "http://www.nber.org/papers/w20625", - abstract = {This paper combines income tax returns with Flow of Funds data to estimate the distribution of household wealth in the United States since 1913. We estimate wealth by capitalizing the incomes reported by individual taxpayers, accounting for assets that do not generate taxable income. We successfully test our capitalization method in three micro datasets where we can observe both income and wealth: the Survey of Consumer Finance, linked estate and income tax returns, and foundations' tax records. Wealth concentration has followed a U-shaped evolution over the last 100 years: It was high in the beginning of the twentieth century, fell from 1929 to 1978, and has continuously increased since then. The rise of wealth inequality is almost entirely due to the rise of the top 0.1\% wealth share, from 7\% in 1979 to 22\% in 2012--a level almost as high as in 1929. The bottom 90\% wealth share first increased up to the mid-1980s and then steadily declined. The increase in wealth concentration is due to the surge of top incomes combined with an increase in saving rate inequality. Top wealth-holders are younger today than in the 1960s and earn a higher fraction of total labor income in the economy. We explain how our findings can be reconciled with Survey of Consumer Finances and estate tax data.}, -} - -@techreport{deNardi2015, - title = {Quantitative Models of Wealth Inequality: A Survey}, - author = {Mariacristina {De Nardi}}, - institution = {National Bureau of Economic Research}, - type = {working paper}, - series = {Working Paper Series}, - number = {21106}, - year = {2015}, - month = {April}, -} - -@TechReport{cozzi2012, - author={Marco Cozzi}, - title={Risk Aversion Heterogeneity, Risky Jobs and Wealth Inequality}, - year=2012, - month=Dec, - institution={Queen's University, Department of Economics}, - type={Working Papers}, -} - -@INPROCEEDINGS{kruegerMitmanPerri:handbookMacro, - author = {Dirk Krueger and Kurt Mitman and Fabrizio Perri}, - title = {Macroeconomics and Heterogeneity, Including Inequality}, - booktitle = {Handbook of Macroeconomics}, - year = {forthcoming}, - editor = {John Taylor and Harald Uhlig}, - publisher = {North Holland}, - owner = {Jirka}, - url={http://economics.sas.upenn.edu/~dkrueger/research/Handbook.pdf} -} - -@ARTICLE{saez02, - author = {Saez, Emmanuel}, - title = {Optimal Income Transfer Programs: Intensive Versus - Extensive Labor Supply Responses}, - journal = {The Quarterly Journal of Economics}, - year = 2002, - volume = 117, - pages = {1039--1073}, - number = 3 -} - -@UNPUBLISHED{Safir2011, - author = {Safir, Adam}, - title = {Measurement Error and Gemini Project Overview}, - note = {CNSTAT Panel Briefing, February}, - month = {February}, - year = 2011 -} - -@ARTICLE{sag99, - author = {Saget, Catherine}, - title = {The determinants of female labour supply in - {H}ungary}, - journal = {Economics of Transition}, - year = 1999, - volume = 7, - pages = {575--591}, - number = 17 -} - -@ARTICLE{sahmRiskChange, - author = {Sahm, Claudia}, - title = {How Much Does Risk Tolerance Change?}, - journal = {Finance and Economics Discussion Series}, - year = 2007, - volume = 66, - note = - {\url{http://www.federalreserve.gov/Pubs/Feds/2007/200766/revision/200766pap.pdf}}, - abstract = {Stability of preferences is central to how - economists study behavior. This paper uses panel - data on hypothetical gambles over lifetime income in - the Health and Retirement Study to quantify changes - in risk tolerance over time and differences across - individuals. The maximum-likelihood estimation of a - correlated random effects model utilizes information - from 12,000 respondents in the 1992-2002 HRS. The - results are consistent with constant relative risk - aversion and career selection based on - preferences. While risk tolerance changes with age - and macroeconomic conditions, persistent differences - across individuals account for 73 percent of the - systematic variation.}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/sahmRiskChange.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/sahmRiskChange.pdf:PDF}, - url = - {http://www.federalreserve.gov/Pubs/Feds/2007/200766/revision/200766pap.pdf} -} - -@ARTICLE{sssMail, - author = {Claudia R. Sahm and Matthew D. Shapiro and Joel - Slemrod}, - title = {Check in the Mail or More in the Paycheck: Does the - Effectiveness of Fiscal Stimulus Depend on How It Is - Delivered?}, - journal = {FEDS Working Paper No. 2010-40}, - year = 2010 -} - -@ARTICLE{Sahmetal:2008TaxRebates, - author = {Sahm, Claudia R. and Shapiro, Matthew D. and - Slemrod, Joel B.}, - title = {Household Response to the 2008 Tax Rebate: Survey - Evidence and Aggregate Implications}, - journal = {Tax Policy and the Economy}, - year = 2010, - volume = 24, - pages = {69--110} -} - -@ARTICLE{Sahm2009, - author = {Sahm, Claudia R. and Shapiro, Matthew D. and - Slemrod, Joel B.}, - title = {Household Response to the 2008 Tax Rebate: Survey - Evidence and Aggregate Implications}, - journal = {NBER Working Paper Number W15421}, - year = 2009, - month = Oct, - institution = {National Bureau of Economic Research, Inc} -} - -@ARTICLE{salaimartin:lecnotes, - author = {Sala-i-Martin, Xavier}, - title = {Lecture Notes on Economic Growth II: Five Prototype - Models of Endogenous Growth}, - journal = {NBER Working Paper Number 3564}, - year = 1990, - month = {December}, - note = {\url{http://ideas.repec.org/p/nbr/nberwo/3564.html}}, - bdsk-url-1 = {http://ideas.repec.org/p/nbr/nberwo/3564.html}, - url = {http://ideas.repec.org/p/nbr/nberwo/3564.html} -} - -@INCOLLECTION{Sala-i-Martin:1992, - author = {Sala-i-Martin, Xavier and Sachs, Jeffrey}, - title = {Fiscal Federalism and optimum currency areas: - Evidence for Europe from the United States}, - booktitle = {Establishing a central bank: Issues in Europe for - lessons from the U.S.}, - publisher = {Cambridge University Press}, - year = 1992, - editor = {adn Vittorio Grilli, Matthew Canzoneri and Masson, - Paul} -} - -@ARTICLE{samuelsonJudgment, - author = {Samuelson, Paul A.}, - title = {The Judgment of Economic Science on Rational - Portfolio Management: Indexing, Timing, and - Long-Horizon Effects}, - journal = {The Journal of Portfolio Management}, - year = 1989, - volume = 16, - pages = {4--12}, - number = 1, - publisher = {Institutional Investor Journals} -} - -@ARTICLE{samuelson:portfolio, - author = {Samuelson, Paul A.}, - title = {Lifetime Portfolio Selection by Dynamic Stochastic - Programming}, - journal = {Review of Economics and Statistics}, - year = 1969, - volume = 51, - pages = {239--46} -} - -@ARTICLE{samuelsonFallacy, - author = {Samuelson, Paul A}, - title = {Risk and Uncertainty: A Fallacy of Large Numbers}, - journal = {Scientia}, - year = 1963, - volume = 98, - pages = {108--113}, - number = {4-5} -} - -@ARTICLE{samuelson:olg, - author = {Samuelson, Paul A.}, - title = {An exact consumption loan model of interest with or - without the social contrivance of money}, - journal = {Journal of Political Economy}, - year = 1958, - volume = 66, - pages = {467--482} -} - -@ARTICLE{samuelsonI, - author = {Samuelson, Paul A.}, - title = {Interaction Between the Multiplier Analysis and the - Principle of Acceleration}, - journal = {Review of Economics and Statistics}, - year = 1939, - volume = 21, - pages = {75--78}, - number = 2 -} - -@ARTICLE{samwick:pensions, - author = {Samwick, Andrew A.}, - title = {The Limited Offset Between Pension Wealth and Other - Private Wealth: Implications of Buffer-Stock Saving}, - journal = {Manuscript, Department of Economics, Dartmouth - College}, - year = 1995 -} - -@INCOLLECTION{sandmo:opttax, - author = {Sandmo, ~A.}, - title = {The Effects of Taxation on Savings and Risk Taking}, - booktitle = {Handbook of Public Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1985, - editor = {{Alan J. Auerbach} and {Martin S. Feldstein}}, - address = {New York} -} - -@ARTICLE{sandriKFlows, - author = {Sandri, Damiano}, - title = {Growth and Capital Flows with Risky Entrepreneuship}, - journal = {IMF Working Paper No.10/37}, - year = 2010, - file = {sandriKFlows.pdf:sandriKFlows.pdf:PDF} -} - -@article{sandri:growthcapflows, - Author = {Damiano Sandri}, - Journal = {American Economic Journal: Macroeconomics}, - Title = {Growth and Capital Flows with Risky Entrepreneuship}, - Volume={6}, - Number={3}, - Pages={102-23}, - Year = {2014}, - url = {http://dx.doi.org/10.1257/mac.6.3.102}, - note = {http://llorracc.net/Papers/sandriGrowth.pdf} -} - -@ARTICLE{sandri:growthcapflows-JHU, - author = {Sandri, Damiano}, - title = {Growth and Capital Flows with Risky - Entrepreneurship}, - journal = {Manuscript, Johns Hopkins University}, - year = 2008 -} - -@ARTICLE{santaClaraValkanovPrez, - author = {Santa-Clara, Pedro and Valkanov, Rossen I.}, - title = {The Presidential Puzzle: Political Cycles and the - Stock Market}, - journal = {Journal of Finance}, - year = 2003, - volume = 58, - pages = {1841--1872}, - month = {October} -} - -@BOOK{sargentBlackBook, - title = {Macroeconomic Theory, Second Edition}, - publisher = {Academic Press}, - year = 1987, - author = {Sargent, Thomas}, - address = {Orlando, Florida} -} - -@INCOLLECTION{sargent:modinfl, - author = {Sargent, Thomas J.}, - title = {Stopping Moderate Inflations: The Methods of - Poincare and Thatcher}, - booktitle = {Inflation, Debt, and Indexation}, - publisher = {MIT Press}, - year = 1983, - editor = {Dornbusch, Rudiger and Simonsen, M.}, - pages = {54--96}, - address = {Cambridge, MA} -} - -@INCOLLECTION{sargent:biginfl, - author = {Sargent, Thomas J.}, - title = {The Ends of Four Big Inflations}, - booktitle = {Inflation: Causes and Consequences}, - publisher = {University of Chicago Press}, - year = 1982, - editor = {Hall, Robert E.}, - address = {Chicago} -} - -@BOOK{sargent:bounded, - title = {Bounded Rationality in Macroeconomics}, - publisher = {Oxford University Press}, - year = 1993, - author = {Sargent, Thomas J.}, - address = {Oxford} -} - -@BOOK{lsRecurse, - title = {Recursive Macroeconomic Theory}, - publisher = {The MIT Press}, - year = 2012, - author = {Sargent, Thomas J. and Ljunqvist, Lars}, - address = {Cambridge, MA} -} - -@ARTICLE{schectman:fluctuation, - author = {Schectman, Jack}, - title = {An Income Fluctuation Problem}, - journal = {Journal of Economic Theory}, - year = 1976, - volume = {XII}, - pages = {218--41} -} - -@ARTICLE{sen:poor, - author = {Sen, Amartya}, - title = {Poor, Relatively Speaking}, - journal = {Oxford Economic Papers}, - year = 1983, - volume = 35, - pages = {153--169} -} - -@BOOK{Sethi:Thompson:2000, - title = {Optimal Control Theory: Applications to Management - Science and Economics}, - publisher = {Kluwer Academic Publishers}, - year = 2000, - author = {Sethi, S.P. and Thompson, G.L.}, - address = {Boston} -} - -@ARTICLE{shapiro:PSID, - author = {Shapiro, Matthew D.}, - title = {The Permanent Income Hypothesis and the Real - Interest Rate: Some Evidence from Panel Data}, - journal = {Economics Letters}, - year = 1984, - volume = 14, - pages = {93--100}, - number = 1 -} - -@article{shapiroSlemrod:2008rebates, - author = {Shapiro, Matthew W. and Slemrod, Joel B.}, - journal = {American Economic Review}, - number = 2, - pages = {374--379}, - title = {Did the 2008 Tax Rebates Stimulate Spending?}, - volume = 99, - year = 2009, - note = - {\url{http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf}}, - url = - {http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf} -} - -@ARTICLE{ssBangOld, - author = {Shapiro, Matthew D. and Joel Slemrod}, - title = {Did the 2008 Tax Rebates Stimulate Spending?}, - journal = {Manuscript, University of Michigan}, - year = 2009, - note = - {\url{http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf}}, - url = - {http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf} -} - -@ARTICLE{shapiroSlemrod:AER03, - author = {Matthew D. Shapiro and Joel Slemrod}, - title = {Consumer Response to Tax Rebates}, - journal = {American Economic Review}, - year = 2003, - volume = 93, - pages = {381--396}, - number = 1 -} - -@ARTICLE{shapiro&slemrod:timing, - author = {Shapiro, Matthew D. and Slemrod, Joel B.}, - title = {Consumer Response to the Timing of Income: Evidence - from a Change in Tax Withholding}, - journal = {American Economic Review}, - year = 1995, - volume = 85, - pages = {274--283}, - number = 1, - month = {March} -} - -@ARTICLE{shea:iv, - author = {Shea, John}, - title = {Instrument Relevance in Multivariate Linear Models: - A Simple Measure}, - journal = {Review of Economics and Statistics}, - year = 1997, - volume = 49, - pages = {348--352}, - number = 2 -} - -@ARTICLE{shea:unions, - author = {Shea, John}, - title = {Union Contracts and the Life-Cycle/Permanent-Income - Hypothesis}, - journal = {American Economic Review}, - year = 1995, - volume = 85, - pages = {186--200}, - number = 1, - month = {March} -} - -@ARTICLE{ShieldsTo2005, - author = {Jennifer Shields and Nhien To}, - title = {Learning to Say No: Conditioned Underreporting in an - Expenditure Survey}, - journal = {American Association for Public OpinionResearch - - American Statistical Association, Proceedings of the - Section on Survey Research Methods}, - year = 2005, - pages = {3963--8} -} - -@MISC{shillerHousingBubble, - author = {Shiller, Robert}, - title = {Yale Professor Predicts Housing `Bubble' Will Burst}, - howpublished = {Interview with National Public Radio}, - month = {June 3}, - year = 2005 -} - -@TECHREPORT{Shiller:2004, - author = {Shiller, Robert J.}, - title = {Household Reaction to Chagnes in Housing Wealth}, - institution = {Cowles Foundation for Research in Economics, Yale - University}, - year = 2004, - note = {Discussion Paper NO. 1459} -} - -@ARTICLE{shiller:behavior, - author = {Shiller, Robert J.}, - title = {Human Behavior and the Efficiency of the Financial - System}, - journal = {Manuscript, Yale University}, - year = 1997 -} - -@BOOK{shiller:markets, - title = {Macro Markets: Creating Institutions for Managing - Society's Largest Economic Risks}, - publisher = {Oxford University Press}, - year = 1993, - author = {Shiller, Robert J.} -} - -@ARTICLE{shirvani&wilbratte:asymmetry, - author = {Shirvani, Hassan and Wilbratte, Barry}, - title = {Does Consumption Respond More Strongly to Stock - Market Declines than to Increases?}, - journal = {International Economic Review}, - year = 2000, - volume = 14, - pages = {41--49} -} - -@ARTICLE{shore:couples, - author = {Shore, Stephen H.}, - title = {The Co-Movement of Couples' Incomes}, - journal = {Manuscript, University of Pennsylvania, Wharton - School}, - year = 2006 -} - -@TECHREPORT{sw06, - author = {Shore, Stephen H. and White, Joshua S.}, - title = {External Habit Formation and the Home Bias Puzzle}, - institution = {The Wharton School, University of Pennsylvania}, - year = 2006, - type = {working paper} -} - -@ARTICLE{sibley:optimalc, - author = {Sibley, David S.}, - title = {Permanent and Transitory Income Effects in a Model - of Optimal Consumption with Wage Income Uncertainty}, - journal = {Journal of Economic Theory}, - year = 1975, - volume = 11, - pages = {68--82} -} - -@ARTICLE{SibleyPIH, - author = {Sibley, David S.}, - title = {Permanent and Transitory Effects of Optimal - Consumption with Wage Income Uncertainty}, - journal = {Journal of Economic Theory}, - year = 1975, - pages = {68--82} -} - -@ARTICLE{sichel:inventories, - author = {Sichel, Daniel S.}, - title = {Inventories and the Three Stages of the Business - Cycle}, - journal = {Journal of Business and Economic Statistics}, - year = 1994, - volume = 12, - pages = {269--277} -} - -@ARTICLE{sichel:3states, - author = {Sichel, Daniel S.}, - title = {Business Cycle Asymmetries: A Deeper Look}, - journal = {Economic Inquiry}, - year = 1993, - pages = {224--236} -} - -@MISC{silverPolls2012, - author = {Silver, Nate}, - title = {Which Polls Fared Best and Worst in the 2012 - Presidential Race?}, - month = {Nov}, - year = 2012, - note = - {\url{http://fivethirtyeight.blogs.nytimes.com/2012/11/10/which-polls-fared-best-and-worst-in-the-2012-presidential-race/}}, - day = 10, - journal = {New York Times, FiveThirtyEight Blog}, - url = - {http://fivethirtyeight.blogs.nytimes.com/2012/11/10/which-polls-fared-best-and-worst-in-the-2012-presidential-race/} -} - -@PHDTHESIS{simonivcOperators, - author = {Simoni{\v}{c}, A.}, - title = {An {Extension} of {Lomonosov's} {Techniques} to - {Non}-{Compact} {Operators}}, - school = {Dalhousie University, Department of Mathematics, - Statistics, \& Computing Science}, - year = 1994 -} - -@UNPUBLISHED{Sim91, - author = {Simoni{\v}{c}, A.}, - title = {Notes on {Subharmonic} {Functions}}, - note = {Lecture Notes, Dalhousie University, Department of - Mathematics, Statistics, \& Computing Science}, - year = 1991 -} - -@TECHREPORT{sims05, - author = {Sims, Christopher}, - title = {Rational Inattention: A Research Agenda}, - institution = {Deutsche Bundesbank}, - year = 2005, - type = {Deutsche Bundesbank discussion paper}, - number = 34 -} - -@ARTICLE{simsInattention, - author = {Sims, Christopher}, - title = {Implications of Rational Inattention}, - journal = {Journal of Monetary Economics}, - year = 2003, - volume = 50, - pages = {665--690}, - number = 3, - note = {available at \url{http://ideas.repec.org/a/eee/moneco/v50y2003i3p665-690.html}} -} - -@ARTICLE{simsQJE:inattention, - author = {Sims, Christopher A.}, - title = {Implications of Rational Inattention}, - journal = {Manuscript, Yale University}, - year = 2001 -} - -@MISC{sims:backsolve, - author = {Sims, Christopher A.}, - title = {Solving Nonlinear Stochastic Optimization and - Equilibrium Problems Backwards}, - howpublished = {Institute for Empirical Macroeconomics Discussion - Paper 15, Federal Reserve Bank of Minneapolis and - University of Minnesota}, - year = 1989 -} - -@ARTICLE{sirziz03, - author = {Sirovatka, Tomas and Zizlavsky, Martin}, - title = {Unemployment and Work Incentives ({N}ezamestnanost a - pracovni pobidky)}, - journal = {Political Economy (Politicka ekonomie)}, - year = 2003, - volume = 51, - pages = {391--406}, - number = 3, - note = {In Czech} -} - -@INCOLLECTION{skinner:houseUS, - author = {Skinner, Jonathan S.}, - title = {Housing and Saving in the U.S.}, - booktitle = {Housing Markets in the United States and Japan}, - publisher = {University of Chicago Press for NBER}, - year = 1994, - editor = {Noguchi, Yoshiro and Poterba, James M.}, - address = {Chicago:} -} - -@INCOLLECTION{skinner:sideshow, - author = {Skinner, Jonathan S.}, - title = {Is Housing Wealth a Sideshow?}, - booktitle = {Advances in the Economics of Aging}, - publisher = {University of Chicago Press for NBER}, - year = 1994, - editor = {Wise, David}, - address = {Chicago:} -} - -@ARTICLE{skinner:jme, - author = {Skinner, Jonathan S.}, - title = {Risky Income, Life Cycle Consumption, and - Precautionary Savings}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 22, - pages = {237--255} -} - -@ARTICLE{sv:Ed, - author = {Skyt Nielsen, Helena and Annette - Vissing-J{\o}rgensen}, - title = {The Impact of Labor Income Risk on Educational - Choices: Estimates and Implied Risk Aversion}, - journal = {Manuscript, Kellogg School, Northwestern University}, - year = 2006, - month = {January}, - bdsk-url-1 = - {http://www.kellogg.northwestern.edu/faculty/vissing/htm/nielsen_vissing2006.pdf}, - url = - {http://www.kellogg.northwestern.edu/faculty/vissing/htm/nielsen_vissing2006.pdf} -} - -@ARTICLE{sla09, - author = {Slacalek, Jiri}, - title = {What Drives Personal Consumption? The Role of - Housing and Financial Wealth}, - journal = {The B.E. Journal of Macroeconomics}, - year = 2009, - volume = 9, - pages = {article 37}, - number = 1, - institution = {German Institute for Economic Research, DIW Berlin}, - type = {mimeo} -} - -@TECHREPORT{slacalekDrives, - author = {Slacalek, Jiri}, - title = {What Drives Personal Consumption? {T}he Role of - Housing and Financial Wealth}, - institution = {German Institute for Economic Research, DIW Berlin}, - year = 2006, - type = {discussion paper}, - number = 647 -} - -@ARTICLE{slacalek:coint, - author = {Slacalek, Jiri}, - title = {International Evidence On Cointegration Between - Consumption, Income, And Wealth}, - journal = {Manuscript, Johns Hopkins University}, - year = 2005, - bdsk-url-1 = - {http://econ.jhu.edu/people/slacalek/research/cointegration.pdf}, - url = {http://econ.jhu.edu/people/slacalek/research/ - cointegration.pdf} -} - -@TECHREPORT{slacalek:cwunstable, - author = {Slacalek, Jiri}, - title = {International Evidence on Cointegration between - Consumption, Income, and Wealth}, - institution = {Johns Hopkins University}, - year = 2004, - type = {mimeo} -} - -@BOOK{slemrod:progressivity, - title = {Tax Progressivity and Income Inequality}, - publisher = {Cambridge University Press}, - year = 1994, - author = {Slemrod, Joel}, - address = {New York} -} - -@ARTICLE{slifman&corrado:pty, - author = {Slifman, Lawrence and Corrado, Carol}, - title = {Decomposition of Productivity and Unit Costs}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {328--332}, - number = 2 -} - -@ARTICLE{sw03, - author = {Smets, Frank and Wouters, Raf}, - title = {An Estimated Dynamic Stochastic General Equilibrium - Model of the Euro Area}, - journal = {Journal of European Economic Association}, - year = 2003, - volume = 5, - pages = {1123--1175}, - number = 1 -} - -@INCOLLECTION{smith:wealth, - author = {Smith, Adam}, - title = {An Inquiry into the Nature and Causes of the Wealth - of Nations}, - booktitle = {The Wealth of Nations: The Cannan Edition}, - publisher = {Modern Library}, - year = 1776, - editor = {Cannan, E.}, - address = {New York}, - note = {(1937)} -} - -@ARTICLE{Solon1992, - author = {Gary Solon}, - title = {Intergenerational Income Mobility in the United - States}, - journal = AER, - year = 1992, - volume = 82, - pages = {409--29}, - number = 3, - month = {June} -} - -@ARTICLE{solow:rep, - author = {Solow, Robert M.}, - title = {Dumb and Dumber in Macroeconomics}, - journal = {Manuscript, MIT}, - year = 2003 -} - -@ARTICLE{solow:contribution, - author = {Solow, Robert M.}, - title = {A Contribution to the Theory of Economic Growth}, - journal = {Quarterly Journal of Economics}, - year = 1956, - volume = 70, - pages = {65--94}, - number = 1 -} - -@ARTICLE{muellbauerHabits, - author = {Muellbauer, John}, - title = {Habits, Rationality and Myopia in the Life Cycle - Consumption Function}, - journal = {Annales d'Economie et de Statistique}, - year = 1988, - volume = 9, - pages = {47--70} -} - -@TECHREPORT{sommerHabits, - author = {Sommer, Martin}, - title = {Habits, Sentiment and Predictable Income in the - Dynamics of Aggregate Consumption}, - institution = {Johns Hopkins University}, - year = 2002, - type = {working Paper Number 458; Updated 2006}, - note = {Available at - {\url{http://econ.jhu.edu/pdf/papers/wp458_version2006.pdf}}} -} - -@ARTICLE{sommer:jobmarket, - author = {Sommer, Martin}, - title = {Habits, Sentiment and Predictable Income in the - Dynamics of Aggregate Consumption}, - journal = {Manuscript, The Johns Hopkins University}, - year = 2001, - note = - {\href{http://econ.jhu.edu/pdf/papers/wp458.pdf}{http://econ.jhu.edu/pdf/papers/wp458.pdf}} -} - -@ARTICLE{syChina, - author = {Song, Zheng Michael and Yang, Dennis Tao}, - title = {Life Cycle Earnings and Saving in a Fast-Growing - Economy}, - journal = {Manuscript, Chinese University of Hong Kong}, - year = 2010 -} - -@ARTICLE{souleles:sentiment, - author = {Souleles, Nicholas}, - title = {Consumer Sentiment: Its Rationality and Usefulness - in Forecasting Expenditure; Evidence from the - Michigan Micro Data}, - journal = {Journal of Money, Credit, and Banking}, - year = {forthcoming} -} - -@ARTICLE{souleles:finance, - author = {Souleles, Nicholas S.}, - title = {Household Securities Purchases, Transactions Costs, - and Hedging Motives}, - journal = {Manuscript, University of Pennsylvania}, - year = 2000 -} - -@ARTICLE{souleles:taxrefunds, - author = {Souleles, Nicholas S.}, - title = {The Response of Household Consumption to Income Tax - Refunds}, - journal = {American Economic Review}, - year = 1999, - volume = 89, - pages = {947--958}, - number = 4, - month = {September} -} - -@ARTICLE{sousa:stocks, - author = {Sousa, Ricardo}, - title = {Property of Stocks and Wealth Effects on - Consumption}, - journal = {Manuscript, University of Minho, Portugal}, - year = 2003 -} - -@ARTICLE{Splinter:2010vd, - author = {Splinter, David and Bryant, Victoria and Diamond, - John, W.}, - title = {{Income Volatility and Mobility: U.S. Income Tax - Data, 1999--2007}}, - year = 2010, - date-added = {2013-04-07T22:40:14GMT+00:00}, - date-modified ={2013-04-07T23:27:49GMT+00:00}, - file = - {{2010_Splinter.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Splinter/2010_Splinter.pdf:application/pdf}}, - local-url = - {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Splinter/2010_Splinter.pdf}, - rating = 0, - uri = - {\url{papers2://publication/uuid/1986B22E-9258-492A-8A7D-71082007A882}}, - url = - {http://www.bakerinstitute.org/publications/TEPP-pub-SplinterBryantDiamondIncomeVolatility-012010.pdf} -} - -@ARTICLE{ssw:nairu, - author = {Staiger, Douglas and Stock, James H. and Watson, - Mark W.}, - title = {Prices, Wages, and the U.S. NAIRU in the 1990s}, - journal = {NBER Working Paper Number 8320}, - year = 2001 -} - -@ARTICLE{staiger&stock:disease, - author = {{Staiger, Douglas} and Stock, James H.}, - title = {Instrumental Variables Regression with Weak - Instruments}, - journal = {NBER Technical Working Paper No. 151}, - year = 1994 -} - -@ARTICLE{StarrMcCluer:2002, - author = {Starr-McCluer, Martha}, - title = {Stock Market Wealth and Consumption}, - journal = {Economic Inquiry}, - year = 2002, - volume = 40, - pages = {69--79}, - number = 1, - month = {January}, - abstract = {This article investigates the effects of stock - market wealth on consumer spending. Traditional - macroeconometric models estimate that a dollar's - increase in stock wealth boosts consumption by three - to seven cents. With the substantial 1990s rise in - stock prices, the nature and magnitude of this - {"}wealth effect{"} have been much debated. After - describing the issues and previous research, I - present new evidence from a well-known consumer - survey. The results are broadly consistent with - life-cycle saving and a modest wealth effect: most - stockholders reported no appreciable effect of stock - prices on their saving or spending, but many - mentioned {"}retirement saving{"} in explaining - their behavior.} -} - -@ARTICLE{starr-mccluer:stockmarket, - author = {Starr-McCluer, Martha}, - title = {Stock Market Wealth and Consumer Spending}, - journal = {Federal Reserve Board of Governors}, - year = 1998 -} - -@ARTICLE{StiglerBeckerDeGustibus, - author = {Stigler, George J. and Becker, Gary S.}, - title = {{De Gustibus Non Est Disputandum}}, - journal = {The American Economic Review}, - year = 1977, - volume = 67, - pages = {76--90}, - number = 2, - bdsk-url-1 = {http://dx.doi.org/10.2307/1807222}, - citeulike-article-id =350004, - citeulike-linkout-0 ={http://dx.doi.org/10.2307/1807222}, - citeulike-linkout-1 ={http://www.jstor.org/stable/1807222}, - doi = {10.2307/1807222}, - keywords = {economics, methodology, philosophy}, - posted-at = {2008-10-06 08:07:03}, - priority = 2, - url = {http://dx.doi.org/10.2307/1807222} -} - -@TECHREPORT{swManyPredictors_inflPred, - author = {Stock, James and Watson, Mark}, - title = {Has Inflation Become Harder to Forecast?}, - institution = {Harvard University}, - year = 2005, - type = {mimeo} -} - -@INCOLLECTION{stock:Handbook, - author = {Stock, James H.}, - title = {Unit roots, structural breaks and trends}, - booktitle = {Handbook of Econometrics}, - publisher = {Elsevier}, - year = 1986, - editor = {R. F. Engle and D. McFadden}, - volume = 4, - series = {Handbook of Econometrics}, - chapter = 46, - pages = {2739--2841}, - month = {December}, - abstract = {This chapter reviews inference about large - autoregressive or moving average roots in univariate - time series, and structural change in multivariate - time series regression. The \"problem\" of - unit roots is cast more broadly as determining the - order of integration of a series; estimation, - inference, and confidence intervals are - discussed. The discussion of structural change - focuses on tests for parameter stability. Much - emphasis is on asymptotic distributions in these - nonstandard settings, and one theme is the general - applicability of functional central limit - theory. The quality of the asymptotic approximations - to finite-sample distributions and implications for - empirical work are critically reviewed.}, - url = {http://ideas.repec.org/h/eee/ecochp/4-46.html} -} - -@ARTICLE{sto91, - author = {Stock, James H.}, - title = {Confidence Intervals for the Largest Autoregressive - Root in Macroeconomic Time Series}, - journal = {Journal of Monetary Economics}, - year = 1991, - volume = 28, - pages = {445--460}, - number = 3 -} - -@ARTICLE{stock&watson:forecasting, - author = {Stock, James H. and Watson, Mark W.}, - title = {Forecasting Output and Inflation: The Role of Asset - Prices}, - journal = {Journal of Economic Literature}, - year = 2003 -} - -@ARTICLE{swPrincipal, - author = {James H. Stock and Mark W. Watson}, - title = {Forecasting Using Principal Components from a Large - Number of Predictors}, - journal = {Journal of the American Statistical Association}, - year = 2002, - volume = 97, - pages = {1167--1179} -} - -@ARTICLE{sw02a, - author = {Stock, James H. and Watson, Mark W.}, - title = {Macroeconomic Forecasting Using Diffusion Indexes}, - journal = {Journal of Business and Economic Statistics}, - year = 2002, - volume = 20, - pages = {147--162}, - number = 2 -} - -@ARTICLE{swInflation, - author = {Stock, James H. and Watson, Mark W.}, - title = {Forecasting Inflation}, - journal = {Journal of Monetary Economics}, - year = 1999, - volume = 44, - pages = {293--335} -} - -@ARTICLE{swMedianUnbiased, - author = {James H. Stock and Mark W. Watson}, - title = {Median Unbiased Estimation of Coefficient Variance - in a Time-Varying Parameter Model}, - journal = {Journal of the American Statistical Association}, - year = 1998, - volume = 93, - pages = {349--358}, - number = 441 -} - -@MISC{stock&watson:handbook, - author = {Stock, James H. and Watson, Mark W.}, - title = {Business Cycle Fluctuations in U.S. Macroeconomic - Time Series}, - howpublished = {Working Paper}, - year = 1997 -} - -@ARTICLE{swy02, - author = {Stock, James H. and Wright, Jonathan H. and Yogo, - Motohiro}, - title = {A Survey of Weak Instruments and Weak Identification - in Generalized Method of Moments}, - journal = {Journal of Business and Economic Statistics}, - year = 2002, - volume = 20, - pages = {518--529}, - number = 4 -} - -@ARTICLE{Stockman:1988, - author = {Stockman, Alan C.}, - title = {Sectoral and National Aggregate Disturbances to - Industrial Output in Seven European Countries}, - journal = {Journal of Monetary Economics}, - year = 1988, - volume = 21, - pages = {387--409} -} - -@ARTICLE{sty:cyclical, - author = {Storesletten, Kjetil and Telmer, Chris I. and Yaron, - Amir}, - title = {Cyclical Dynamics in Idiosyncratic Labor-Market - Risk}, - journal = {Journal of Political Economy}, - year = 2004, - volume = 112, - pages = {695--717}, - number = 3, - month = {June} -} - -@ARTICLE{strotzInconsistent, - author = {Strotz, Richard H.}, - title = {Myopia and Inconsistency in Dynamic Utility - Maximization}, - journal = {Review of Economic Studies}, - year = 1955, - volume = 23, - pages = {165--180}, - number = 3 -} - -@ARTICLE{suk07, - author = {Sukiassyan, Grigor}, - title = {Inequality and Growth: What Does the Transition - Economy Data Say?}, - journal = {Journal of Comparative Economics}, - year = 2007, - volume = 35, - pages = {35--56}, - number = 1 -} - -@ARTICLE{summersWolf, - author = {Summers, Lawrence H.}, - title = {Larry Summers and Martin Wolf on New Economic - Thinking}, - journal = {Financial Times video interview}, - year = 2011, - note = {\url{http://tinyurl.com/dl201108a}}, - date = {April 8, 2011}, - url = {http://tinyurl.com/dl201108a} -} - -@Article{summersIllusion, - Title = {The Scientific Illusion in Empirical Macroeconomics}, - Author = {Summers, Lawrence H}, - Journal = {Scandinavian Journal of Economics}, - Year = 1991, - Note = - {\url{http://www.econ.ucdavis.edu/faculty/kdsalyer/LECTURES/Ecn200e/summers_illusion.pdf}}, - Number = 2, - Pages = {129-48}, - Volume = 93, - Owner = {Nic Johnson}, - Url = - {http://www.econ.ucdavis.edu/faculty/kdsalyer/LECTURES/Ecn200e/summers_illusion.pdf} -} - -@ARTICLE{summers:skeptical, - author = {Summers, Lawrence H.}, - title = {Some Skeptical Observations on Real Business Cycle - Theory}, - journal = {Federal Reserve Bank of Minneapolis Quarterly - Review}, - year = 1986, - volume = 10, - pages = {23--27}, - note = - {\url{http://minneapolisfed.org/research/QR/QR1043.pdf}}, - bdsk-url-1 = {http://minneapolisfed.org/research/QR/QR1043.pdf}, - file = {summersSkeptical.pdf:summersSkeptical.pdf:PDF}, - url = {http://minneapolisfed.org/research/QR/QR1043.pdf} -} - -@Article{summersCapTax, - Title = {Capital Taxation and Accumulation in a Life Cycle - Growth Model}, - Author = {Summers, Lawrence H.}, - Journal = {American Economic Review}, - Year = 1981, - Note = {\url{http://www.jstor.org/stable/1806179}}, - Number = 4, - Pages = {533--544}, - Volume = 71, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1806179} -} - -@ARTICLE{summers&heston:article, - author = {Summers, Robert and Heston, Alan}, - title = {A New Set of International Comparisons of Real - Product and Price Level Estimates for 130 Countries, - 1950-1985}, - journal = {Review of Income and Wealth}, - year = 1988, - volume = {XXXIV}, - pages = {1--25} -} - -@TECHREPORT{scf04Charts, - author = {{Survey of Consumer Finances}}, - title = {2004 SCF Chartbook}, - institution = {Board of Governors of the Federal Reserve System}, - year = 2007, - type = {electronic document}, - note = {Available at - \url{http://www.federalreserve.gov/pubs/oss/oss2/2004/scf2004home.html}} -} - -@ARTICLE{sve02, - author = {Jan Svejnar}, - title = {Transition Economies: Performance and Challenges}, - journal = {Journal of Economic Perspectives}, - year = 2002, - volume = 16, - pages = {3--28}, - number = 1 -} - -@ARTICLE{szeidlInvariantOrig, - author = {Szeidl, Adam}, - title = {Invariant Distribution in Buffer-Stock Saving and - Stochastic Growth Models}, - journal = {Manuscript, University of California at Berkeley}, - year = 2006, - month = {October} -} - -@ARTICLE{szeidl:ergodic, - author = {Szeidl, Adam}, - title = {On Ergodic Distributions and Buffer Stock Saving - Models}, - journal = {Manuscript, Harvard University}, - year = 2002 -} - -@ARTICLE{tv03, - author = {Alvin Tan and Graham Voss}, - title = {Consumption and Wealth in Australia}, - journal = {Economic Record}, - year = 2003, - volume = 244, - pages = {39--56}, - number = 79 -} - -@ARTICLE{tauchen&hussey:quadrature, - author = {Tauchen, George and Hussey, R.}, - title = {Quadrature-Based Methods for Obtaining Approximate - Solutions to the Integral Equations of Nonlinear - Rational Expectations Models}, - journal = {Econometrica}, - year = 1991, - volume = 59, - pages = {371--96} -} - -@ARTICLE{taylorFiscal, - author = {Taylor, John B.}, - title = {The Lack of an Empirical Rationale for a Revival of - Discretionary Fiscal Policy}, - journal = {The American Economic Review}, - year = 2009, - volume = 99, - pages = {550--555}, - number = 2, - publisher = {JSTOR} -} - -@ARTICLE{taylor&uhlig:solve, - author = {{Taylor, John B.} and {Harald Uhlig}}, - title = {Solving Nonlinear Stochastic Growth Models: A - Comparison of Alternative Solution Methods}, - journal = {Journal of Business and Economic Statistics}, - year = 1990, - volume = 8, - pages = {35--36}, - number = 1 -} - -@ARTICLE{thalerFungibility, - author = {Thaler, Richard H.}, - title = {Anomalies: Saving, Fungibility, and Mental Accounts}, - journal = {Journal of Economic Perspectives}, - year = 1990, - volume = 4, - pages = {193--205}, - number = 1, - month = {January} -} - -@ARTICLE{thaler:psychology, - author = {Thaler, Richard H.}, - title = {Psychology and Savings Policies}, - journal = {American Economic Review, Papers and Proceedings}, - year = 1994, - volume = 84, - pages = {186--192}, - number = 2, - month = may -} - - -@ARTICLE{thalerMental, - author = {Thaler, Richard H.}, - title = {Saving, Fungibility and Mental Accounts}, - journal = {Journal of Economic Perspectives}, - year = 1990, - volume = 4, - pages = {193--205} -} - -@ARTICLE{thaler&shefrin:selfcontrol, - author = {Thaler, Richard H. and Shefrin, Hersh M.}, - title = {An Economic Theory of Self-Control}, - journal = {Journal of Political Economy}, - year = 1981, - volume = 89, - pages = {392--406}, - number = 2, - month = {April} -} - -@ARTICLE{thomas:surveyinfl, - author = {Thomas Jr., Lloyd B.}, - title = {Survey Measures of Expected U.S. Inflation}, - journal = {Journal of Economic Perspectives}, - year = 1999, - volume = 13, - pages = {125--144}, - number = 4 -} - -@BOOK{thomsonGuide, - title = {A Guide for the Young Economist}, - publisher = {M.I.T. Press}, - year = 2001, - author = {Thomson, William L.}, - address = {Cambridge} -} - -@TECHREPORT{tlu05, - author = {Vlastimil Tlusty}, - title = {Modern Tax, Pension and Social System (Moderni - danovy, duchodovy a socialni system)}, - year = 2005, - type = {presentation}, - note = {{X}VI. Congress of Czech Civic Democratic Party - (ODS), November 27, 2005 Available at - \url{http://www.tlusty.cz/}, In Czech} -} - -@INCOLLECTION{tobin:sandg, - author = {Tobin, James}, - title = {Life Cycle Saving and Balanced Growth}, - booktitle = {Ten Economic Studies in the Tradition of Irving - Fisher}, - publisher = {Wiley}, - year = 1967, - editor = {Fellner, William}, - address = {New York} -} - -@INPROCEEDINGS{tobinSaving, - author = {Tobin, James}, - title = {Life Cycle Saving and Balanced Growth}, - booktitle = {Ten Economic Studies in the Tradition of Irving - Fisher}, - year = 1967, - editor = {Fellner, William}, - pages = {231--256}, - publisher = {J. Wiley and Sons, Inc.} -} - -@BOOK{tobinMacro, - title = {Asset Accumulation and Economic Activity: - Reflections on Contemporary Macroeconomic Theory}, - publisher = {Basil Blackwell}, - year = 1980, - author = {Tobin, James}, - location = {Oxford} -} - -@ARTICLE{tobinsQ, - author = {Tobin, James}, - title = {A General Equilibrium Approach to Monetary Theory}, - journal = {Journal of Money Credit and Banking}, - year = 1969, - volume = 1, - pages = {15--29}, - number = 1 -} - -@ARTICLE{tobinRisk, - author = {Tobin, James}, - title = {Liquidity Preference as Behavior Towards Risk}, - journal = {Review of Economic Studies}, - year = 1958, - volume = {XXXV}, - pages = {65--86}, - number = 67, - month = {February}, - bdsk-url-1 = {http://cowles.econ.yale.edu/P/cm/m19/m19-01.pdf}, - url = {http://cowles.econ.yale.edu/P/cm/m19/m19-01.pdf} -} - -@ARTICLE{tokuokaCapitalist, - author = {Kiichi Tokuoka}, - title = {Is Wealth Accumulation a Luxury Good?}, - journal = {Economics Letters}, - year = 2012, - volume = 115, - pages = {523--526}, - number = 3, - doi = {10.1016/j.econlet.2011.12.122}, - file = {tokuokaCapitalist.pdf:tokuokaCapitalist.pdf:PDF}, - issn = {0165-1765}, - keywords = {Wealth}, - url = - {http://www.sciencedirect.com/science/article/pii/S0165176511006458} -} - -@ARTICLE{topelSeniority, - author = {Topel, Robert H.}, - title = {Specific Capital, Mobility and Wages: Wages Rise - with Job Seniority}, - journal = {Journal of Political Economy}, - year = 1991, - volume = 99, - pages = {145--176}, - issue = 1 -} - -@ARTICLE{topel90, - author = {Topel, Robert H.}, - title = {Specific Capital, Mobility and Wages: Wages Rise - with Job Seniority}, - journal = {NBER Working Paper Number W3294}, - year = 1990 -} - -@ARTICLE{topel92, - author = {Topel, Robert H. and Ward, Michael P.}, - title = {Job Mobility and the Careers of Young Men}, - journal = {Quarterly Journal of Economics}, - year = 1992, - volume = 107, - pages = {439--479}, - number = 2, - month = {May} -} - -@ARTICLE{townsendIndia, - author = {Townsend, Robert}, - title = {Risk and Insurance in Village India}, - journal = {Econometrica}, - year = 1994, - volume = 62, - pages = {171--84}, - number = 3 -} - -@TECHREPORT{trabandt05, - author = {Mathias Trabandt}, - title = {Sticky Information vs. Sticky Prices: A Horse Race - in a DSGE Framework}, - institution = {Humboldt University Berlin}, - year = 2004, - type = {mimeo} -} - -@BOOK{trump:deal, - title = {Trump: The Art of the Deal}, - publisher = {Random House}, - year = 1988, - author = {Trump, Donald}, - address = {New York}, - note = {With Tony Schwarz} -} - -@ARTICLE{jappelli&pagano:intlLC, - author = {Tullio Jappelli, Marco Pagano}, - title = {Consumption and Capital Market Imperfections: An - International Comparison}, - journal = {The American Economic Review}, - year = 1989, - volume = 79, - pages = {1088--1105}, - number = 5, - month = {December} -} - -@ARTICLE{turnovsky:inflsurv, - author = {Turnovsky, Stephen J.}, - title = {Empirical Evidence on the Formation of Price - Expectations}, - journal = {Journal of the American Statistical Association}, - year = 1970, - volume = 65, - pages = {1441--54}, - number = {December} -} - -@ARTICLE{tuttle&gauger:wealtheffects, - author = {Tuttle, M. H. and Gauger, Jean}, - title = {Wealth Effects and Consumption: A Multivariate - Evaluation}, - journal = {Mimeo, University of Tennessee}, - year = 2003 -} - -@ARTICLE{urich&wachtel:money, - author = {Urich, Thomas and Wachtel, Paul}, - title = {The Structure of Expectations of the Weekly Money - Supply Announcement}, - journal = {Journal of Monetary Economics}, - year = 1984, - volume = 13, - pages = {183--194} -} - -@INCOLLECTION{uzawa:patientownall, - author = {Uzawa, Hirofumi}, - title = {Time Preference, the Consumption Function, and - Optimum Asset Holdings}, - booktitle = {Value, Capital, and Growth: Papers in Honor of Sir - John Hicks}, - publisher = {Edinborough University Press}, - year = 1968, - editor = {Wolfe, J. N.}, - pages = {485--504}, - address = {Chicago} -} - -@INBOOK{skg:impact, - pages = {35--64}, - title = {The Impact of Changes in Income and Family - Composition on Subjective Well-Being}, - publisher = {University of Chicago Press}, - year = 1985, - author = {{v}an~de~Stadt, Huib and Kapteyn, Arie and van~de~Geer, Sara}, - booktitle = {Horizontal Equity, Uncertainty, and Economic - Well-Being} -} - -@ARTICLE{skg:relativity, - author = {{v}an~de~Stadt, Huib and Kapteyn, Arie and - van~de~Geer, Sara}, - title = {The Relativity of Utility: Evidence from Panel Data}, - journal = {Review of Economics and Statistics}, - year = 1985, - volume = 67, - pages = {179--187}, - number = 2, - month = May -} - -@PHDTHESIS{Valencia:2006, - author = {Valencia, Fabian}, - title = {Banks' Financial Structure and Business Cycles}, - school = {Johns Hopkins University}, - year = 2006, - month = {October}, - abstract = { } -} - -@BOOK{veblen:leisureclass, - title = {The Theory of the Leisure Class}, - publisher = {The Modern Library}, - year = 1899, - author = {Veblen, T.}, - address = {New York} -} - -@ARTICLE{velculescuHabits, - author = {Velculescu, Delia}, - title = {Consumption Habits In An Overlapping-Generations - Model}, - journal = {Economics Letters}, - year = 2011, - note = {\url{http://dx.doi.org/10.1016/j.bbr.2011.03.031}}, - doi = {10.1016/j.bbr.2011.03.031}, - file = {velculescuHabits.pdf:velculescuHabits.pdf:PDF}, - publisher = {Elsevier}, - url = {http://dx.doi.org/10.1016/j.bbr.2011.03.031} -} - -@ARTICLE{viard:ptyslowdown, - author = {Viard, Alan}, - title = {The Productivity Slowdown and the Savings Shortfall: - {A} Challenge to the Permanent Income Hypothesis}, - journal = {Economic Inquiry}, - year = 1993, - volume = 31, - pages = {549--564} -} - -@ARTICLE{vis02, - author = {Annette {Vissing-J\o rgensen}}, - title = {Limited Asset Market Participation and the - Elasticity of Intertemporal Substitution}, - journal = {Journal of Political Economy}, - year = 2002, - volume = 110, - pages = {339--357}, - number = {825--53} -} - -@ARTICLE{wsmEarningsLosses, - author = {von Wachter, Till and Song, Jae and Manchester, - Joyce}, - title = {Long-Term Earnings Losses due to Mass Layoffs During - the 1982 Recession: An Analysis Using - U.S. Administrative Data from 1974 to 2004}, - journal = {Manuscript, Columbia University}, - year = 2009 -} - -@ARTICLE{Marshall:1891, - author = {Wagner, Alfred}, - title = {Principles of Economics}, - journal = {History of Economic Thought Articles}, - year = 1891, - volume = 5, - pages = {319--338} -} - -@BOOK{watts:smallworld, - title = {Small Worlds}, - publisher = {Princeton Univ Press}, - year = 1999, - author = {Watts, Duncan J.} -} - -@ARTICLE{weber:ruleOfThumb, - author = {Weber, Christian E.}, - title = {Intertemporal Non-Separability and `Rule-Of-Thumb' - Consumption}, - journal = {Journal of Monetary Economics}, - year = 2002, - volume = 49, - pages = {293--308} -} - -@BOOK{weber:capitalism, - title = {The Protestant Ethic and the Spirit of Capitalism}, - publisher = {Charles Scribner and Sons}, - year = 1905, - author = {Weber, Max M.}, - address = {New York} -} - -@BOOK{weibull:evolutionary, - title = {Evolutionary Game Theory}, - publisher = {MIT Press}, - year = 1995, - author = {Weibull, J{\"}orgen}, - address = {New York} -} - -@ARTICLE{weilSamuelson, - author = {Weil, Philippe}, - title = {Overlapping Generations: The First Jubilee}, - journal = {Journal of Economic Perspectives}, - year = 2008, - volume = 22, - pages = {115--34}, - number = 4, - month = {Fall}, - bdsk-url-1 = - {http://ideas.repec.org/a/aea/jecper/v22y2008i4p115-34.html}, - url = - {http://ideas.repec.org/a/aea/jecper/v22y2008i4p115-34.html} -} - -@ARTICLE{wkTaylor, - author = {Weise, Charles L. and Krisch, David}, - title = {The Monetary Response to Changes in Credit Spreads}, - journal = {Paper Presented at the Eastern Economic Meetings, - March 1 2009}, - year = 2009, - note = {Corresponding Author: Charles Weise, - \texttt{weise@gettysburg.edu}} -} - -@INCOLLECTION{weiss:survey, - author = {Weiss, Y.}, - title = {The Determinants of Lifecycle Earnings: A Survey}, - booktitle = {HandBOOK of Labor Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1986, - editor = {{Orley Ashenfelter} and {Richard Layard}}, - address = {New York} -} - -@ARTICLE{wenChinaSaving, - author = {Wen, Yi}, - title = {Saving and Growth Under Borrowing Constraints: - Explaining the 'High Saving Rate'Puzzle}, - journal = {FRB of St. Louis Working Paper No 2009-45}, - year = 2009 -} - -@TECHREPORT{westlingSize, - author = {Westling, Tatu}, - title = {Male Organ And Economic Growth: Does Size Matter?}, - institution = {University Library of Munich, Germany}, - year = 2011, - type = {MPRA Paper}, - number = 32302, - month = Jul, - abstract = {No abstract is available for this item.}, - keywords = {Economic growth; Total factor productivity; Adult - mortality; Longevity; Knowledge transmission; }, - url = {http://ideas.repec.org/p/pra/mprapa/32302.html} -} - -@ARTICLE{white:whydont, - author = {White, Michelle}, - title = {Why Don't More Households File for Bankruptcy?}, - journal = {University of Michigan Working Paper}, - year = 1998, - volume = {98-3} -} - -@ARTICLE{white:whyitpays, - author = {White, Michelle}, - title = {Why It Pays to File For Bankruptcy: A Critical Look - at Incentives Under U.S. Bankruptcy Laws and a - Proposal for Change}, - journal = {University of Michigan Working Paper}, - year = 1998, - volume = {98-2} -} - -@ARTICLE{wil92, - author = {David W. Wilcox}, - title = {The Construction of the U.S. Consumption Data: Some - Facts and Their Implications for Empirical Research}, - journal = {American Economic Review}, - year = 1992, - volume = 82, - pages = {922--941}, - number = 4 -} - -@ARTICLE{wilhelm:bequest, - author = {Wilhelm, Mark O.}, - title = {Bequest Behavior and the Effect of Heirs' Earnings: - Testing the Altruistic Model of Bequests}, - journal = {American Economic Review}, - year = 1996, - volume = 86, - pages = {874--982}, - number = 4 -} - -@INCOLLECTION{willis:survey, - author = {Willis, ~R.~J.}, - title = {Wage Determinants: A Survey and Reinterpretation of - Human Capital Earnings Functions}, - booktitle = {Handbook of Labor Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1986, - editor = {{Orley Ashenfelter} and {Richard Layard}}, - address = {New York} -} - -@INCOLLECTION{woodfordImperfect, -title = {Imperfect Common Knowledge and the Effects of Monetary Policy}, -author = {Woodford, Michael}, -abstract = {This paper reconsiders the Phelps-Lucas hypothesis, according to which temporary real effects of purely nominal disturbances result from imperfect information, but departs from the assumptions of Lucas (1973) in two crucial respects. Due to monopolistically competitive pricing, higher-order expectations are crucial for aggregate inflation dynamics, as argued by Phelps (1983). And decisionmakers' subjective perceptions of current conditions are assumed to be of imperfect precision, owing to finite information processing capacity, as argued by Sims (2001). The model can explain highly persistent real effects of a monetary disturbance, and a delayed effect on inflation, as found in VAR studies.}, - url = {http://EconPapers.repec.org/RePEc:nbr:nberwo:8673}, - booktitle = {Knowledge, Information and Expectations in Modern Macroeconomics}, - publisher = {Princeton University Press}, - address = {Princeton}, - year = 2002, - editor = {Aghion, P. and R. Frydman and J. Stiglitz and M. Woodford}, -} - -@ARTICLE{woodford:imperfectNBERWP, - author = {Woodford, Michael}, - title = {Imperfect Common Knowledge and the Effects of - Monetary Policy}, - journal = {NBER Working Paper Number 8673}, - url = {http://EconPapers.repec.org/RePEc:nbr:nberwo:8673}, - year = 2001 -} - -@comment{wor60Old} -@comment{working:timeaggOld} -@ARTICLE{workingTimeAgg, - author = {Holbrook Working}, - title = {Note on the Correlation of First Differences of - Averages in a Random Chain}, - journal = {Econometrica}, - year = 1960, - volume = 28, - pages = {916--918}, - number = 4 -} - -@ARTICLE{wrightInterestElasticity, - author = {Wright, Colin}, - title = {Some Evidence on the Interest Elasticity of - Consumption}, - journal = {The American Economic Review}, - year = 1967, - volume = 57, - pages = {pp.850--855}, - number = 4, - copyright = {Copyright © 1967 American Economic Association}, - issn = 00028282, - jstor_articletype ={research-article}, - jstor_formatteddate ={Sep., 1967}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/1815373} -} - -@ARTICLE{young:obstacle, - author = {Young, Eric}, - title = {An Obstacle Course for the Krusell-Smith Algorithm}, - journal = {Manuscript, Florida State University}, - year = 2002 -} - -@ARTICLE{young, - author = {Young, Eric R.}, - title = {Solving the Incomplete Markets Model with Aggregate - Uncertainty Using the Krusell-Smith Algorithm and - Non-Stochastic Simulations}, - journal = {Journal of Economic Dynamics and Control}, - year = 2010, - volume = 34, - pages = {36--41}, - number = 1, - month = {January} -} - -@BOOK{young:learning, - title = {Learning and Evolution in Games}, - publisher = {Princeton University Press}, - year = 1997, - author = {Young, H. Peyton} -} - -@PHDTHESIS{yuen:opttax, - author = {Yuen, C.}, - title = {Taxation, Human Capital Accumulation and Economic - Growth}, - school = {University of Chicago}, - year = 1991 -} - -@ARTICLE{zandiFiscal, - author = {Zandi, Mark}, - title = {Perspectives on the Economy}, - journal = {Testimony before the House Budget Committee, July 1}, - year = 2010 -} - -@ARTICLE{zeldes_jpe89, - author = {Stephen P. Zeldes}, - title = {Consumption and Liquidity Constraints: An Empirical - Investigation}, - journal = {The Journal of Political Economy}, - year = 1989, - volume = 97, - pages = {275--298}, - number = 2, - note = - {\url{http://userwww.service.emory.edu/~skrause/E511/Zeldes-1989.pdf}}, - url = - {http://userwww.service.emory.edu/~skrause/E511/Zeldes-1989.pdf} -} - -@Article{zeldes:jpe, - Title = {Consumption and Liquidity Constraints: An Empirical - Investigation}, - Author = {Zeldes, Stephen P.}, - Journal = {Journal of Political Economy}, - Year = 1989, - Note = {Available at - {\url{http://www.jstor.org/stable/1831315}}}, - Pages = {305--46}, - Volume = 97, - Owner = {Nic Johnson}, - Url = {http://www.jstor.org/stable/1831315} -} - -@PHDTHESIS{zeldes:thesis, - author = {Zeldes, Stephen P.}, - title = {Optimal Consumption with Stochastic Income}, - school = {Massachusetts Institute of Technology}, - year = 1984 -} - -@PHDTHESIS{zhang:thesis, - author = {Zhang, Lawrence Huiyan}, - title = {Essays on Business Cycles}, - school = {Johns Hopkins University}, - year = 2003 -} - -@PHDTHESIS{Zhou:2010, - author = {Zhou, Xia}, - title = {Essays On U.S. State-Level Financial Wealth Data and - Consumption Data}, - school = {Johns Hopkins University}, - year = 2010, - address = - {\href{http://jhir.library.jhu.edu/handle/1774.2/34267}{http://jhir.library.jhu.edu/handle/1774.2/34267}} -} - -@PHDTHESIS{Zhou:2006, - author = {Zhou, Xia}, - title = {Measuring Wealth Effects Using US State Data}, - school = {Johns Hopkins University}, - year = 2006, - address = - {\href{http://econ.jhu.edu/people/ZhouX/JobMarketPaperZhouX.pdf}{http://econ.jhu.edu/people/ZhouX/JobMarketPaperZhouX.pdf}} -} - -@ARTICLE{zcWandCdynByState, - author = {Zhou, Xia and Carroll, Christopher D.}, - title = {Dynamics of Wealth and Consumption: New and Improved - Measures of U.S.\ States}, - journal = {Berkeley Electronic Journals of Macroeconomics, - Advances}, - year = 2011, - volume = {Forthcoming, 2011}, - authors = {Zhou, Xia and Christopher D. Carroll} -} - -@TECHREPORT{Zhu:2007, - author = {Zhu, Xiaodi}, - title = {Growing Wealth, Inequality, and Housing in the - United States}, - institution = {Joint Center for Housing Studies, Harvard - University}, - year = 2007, - type = {Working Paper}, - number = {W07-1}, - month = {February} -} - -@PHDTHESIS{zhu:opttax, - author = {Zhu, X.}, - title = {Optimal Fiscal Policy in a Stochastic Growth Model}, - school = {University of Chicago}, - year = 1991 -} - -@ARTICLE{zou:spirit, - author = {Zou, Heng-Fu}, - title = {The 'Spirit of Capitalism' and Long-Run Growth}, - journal = {European Journal of Political Economy}, - year = 1994, - volume = 10, - pages = {279--93}, - number = 2 -} - -@BOOK{auerbach&feldstein:handbook, - title = {Handbook of Public Economics}, - publisher = {Elsevier Science Publishers BV}, - year = 1985, - editor = {{Auerbach, Alan J.} and {Martin S. Feldstein}}, - address = {New York} -} - -@INCOLLECTION{cdSsNBERReporter, - booktitle = {NBER Macroeconomics Annual, 1997}, - publisher = {MIT Press}, - year = 1997, - editor = {Bernanke, Benjamin S. and Rotemberg, Julio J.}, - pages = {165--229}, - address = {Cambridge, MA} -} - -@INCOLLECTION{carroll:epidemicinflSFINBERReporter, - title = {The {E}pidemiology of {M}acroeconomic - {E}xpectations}, - booktitle = {The Economy as an Evolving Complex System, III}, - publisher = {Oxford University Press}, - year = 2006, - editor = {Blume, Larry and Durlauf, Steven} -} - -@BOOK{Gam90, - title = {Analysis {I}{I}: {Convex} {Analysis} and - {Approximation} {Theory}}, - publisher = {Springer-Verlag}, - year = 1990, - editor = {R. V. Gamkerlidze}, - volume = 14, - series = {Encyclopaedia of Mathematical Sciences}, - address = {New York} -} - -@BOOK{ghj:portfolios, - title = {Household Portfolios}, - publisher = {MIT Press}, - year = 2002, - editor = {Guiso, Luigi and Haliassos, Michael and Jappelli, - Tullio}, - address = {Cambridge, MA} -} - -@BOOK{hlmk04, - title = {Applied Time Series Econometrics}, - publisher = {Cambridge University Press}, - year = 2004, - editor = {L{\"}utkepohl, Helmut and Kr{\"}atzig, Markus}, - address = {Cambridge} -} - -@BOOK{pechman:whopaid, - title = {Who Paid the Taxes, 1966-85?}, - publisher = {The Brookings Institution}, - year = 1985, - editor = {Pechman, Joseph A.}, - address = {Washington} -} - -@BOOK{poterba:international, - title = {International Comparisons of Household Saving}, - publisher = {National Bureau of Economic Research}, - year = 1994, - editor = {Poterba, James M.}, - address = {Chicago and London: University of Chicago Press} -} - -% Version for CV -@article{carroll:reviewworldbank, - doi = {10.2307/2565371}, - ISSN = {00220515}, - URL = {http://www.jstor.org/stable/2565371}, - journal = {Journal of Economic Literature}, - number = {1}, - pages = {131--132}, - publisher = {American Economic Association}, - author = {Klaus Schmidt-Hebbel and Luis Serven}, - volume = {38}, - year = {2000}, - title = {The Economics of Saving and Growth: Theory, - Evidence, and Implications for Policy}, - note = {Book Review} -} - - -@article{carroll:reviewworldbankOld, - title = {The Economics of Saving and Growth: Theory, - Evidence, and Implications for Policy}, - publisher = {Cambridge University Press for the World Bank}, - year = 2000, - editor = {Schmidt-Hebbel, Klaus and Serv{\'e}n, Luis}, - note = {Book Review, \emph{Journal of Economic Literature}} -} - - -@article{10.2307/2565371, - ISSN = {00220515}, - URL = {http://www.jstor.org/stable/2565371}, - author = {Christopher D. Carroll}, - journal = {Journal of Economic Literature}, - number = {1}, - pages = {131--132}, - publisher = {American Economic Association}, - reviewed-author = {Klaus Schmidt-Hebbel and Luis Serven}, - volume = {38}, - year = {2000} -} - -@INCOLLECTION{carroll:richsaveNBERReporter, - booktitle = {{D}oes {A}tlas {S}hrug? {T}he {E}conomic - {C}onsequences of {T}axing the {R}ich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.} -} - -@BOOK{slemrod:atlasshrug, - title = {Historical Perspectives on U.S. Tax Policy Toward - the Rich}, - publisher = {Harvard University Press}, - year = 2000, - editor = {Slemrod, Joel B.}, - booktitle = {Does Atlas Shrug? The Economic Consequences of - Taxing the Rich} -} - -@HEADER{bibpub, - note = {\centerline{\Large Published}} -} - -@HEADER{bibspace, - note = {\medskip\medskip\medskip} -} - -@HEADER{bibunpub, - note = {\centerline{\Large Unpublished}} -} - -@ARTICLE{francisCapitalist, - title = {Wealth and the Capitalist Spirit}, - journal = {Journal of Macroeconomics}, - volume = 31, - pages = {394--408}, - number = 3, - file = {francisCapitalist.pdf:francisCapitalist.pdf:PDF} -} - -MISCNOYEAR{publishedAndForthcoming, - note = {{\bf \Large Published or Forthcoming}}, -} - -MISCNOYEAR{unpublished, - note = {{\bf \Large Unpublished }} -} - -@MISC{noBookChapters20090701to20110630, - title = {No new book chapters}, - year = {2009-07-01 to 2011-06-30}, - author = {Carroll, Christopher D.} -} - -@TECHREPORT{wolframNumIntegration, - title = {Advanced Numerical Integration in {\it Mathematica}}, - year = 2011, - month = {October}, - note = - {\url{http://www.wolfram.com/learningcenter/tutorialcollection/AdvancedNumericalIntegrationInMathematica/AdvancedNumericalIntegrationInMathematica.pdf}}, - file = - {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/wolframNumIntegration.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/wolframNumIntegration.pdf:PDF}, - journal = {Wolfram {\it Mathematica} Tutorial Collection}, - url = - {http://www.wolfram.com/learningcenter/tutorialcollection/AdvancedNumericalIntegrationInMathematica/AdvancedNumericalIntegrationInMathematica.pdf} -} - -@ARTICLE{varianRepublicansAndReturns, - title = {Which Party in the White House Means Good Times for - Investors?}, - journal = {New York Times}, - year = 2003, - volume = {November 20}, - bdsk-url-1 = - {http://people.ischool.berkeley.edu/~hal/people/hal/NYTimes/2003-11-20.html}, - url = - {http://people.ischool.berkeley.edu/~hal/people/hal/NYTimes/2003-11-20.html} -} - -@ARTICLE{bea02, - title = {Updated Summary NIPA Methodologies}, - journal = {Survey of Current Business}, - year = 2002, - key = {Bureau of Economic Analysis} -} - -@INCOLLECTION{carroll:richportfoliosNBERReporter, - booktitle = {Household Portfolios: Theory and Evidence}, - publisher = {MIT Press}, - year = 2002, - address = {Cambridge, MA} -} - -@ARTICLE{carroll:RiskyHabitsNBERReporter, - journal = {International Economic Journal}, - year = 2000, - volume = 14, - pages = {1--41}, - number = 4 -} - -@ARTICLE{crr:censusNBERReporter, - journal = {Economic Development and Cultural Change}, - year = 1999, - volume = 48, - pages = {33--50}, - number = 1, - month = {October} -} - -@ARTICLE{sc99, - title = {Data File Documentation}, - journal = {Survey Research Center}, - year = 1999, - address = {Ann Arbor, MI}, - key = {Survey of Consumers}, - url = {http://www.sca.isr.umich.edu/} -} - -@ARTICLE{carroll&samwick:howbigNBERReporter, - journal = {Review of Economics and Statistics}, - year = 1998, - volume = 80, - pages = {410--419}, - number = 3, - month = {August} -} - -@ARTICLE{carroll:bslcpihNBERReporter, - journal = {Quarterly Journal of Economics}, - year = 1997, - volume = {CXII}, - pages = {1--56}, - number = 1, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/BSLCPIH.zip}, - url = {https://www.econ2.jhu.edu/people/ccarroll/BSLCPIH.zip} -} - -@ARTICLE{carroll&weil:crcsNBERReporter, - journal = {Carnegie-Rochester Conference Series on Public - Policy}, - year = 1994, - volume = 40, - pages = {133--192}, - month = {June} -} - -@Article{abiadEtAl_FinReforms, - author = {Abdul Abiad and Enrica Detragiache and Thierry Tressel}, - title = {A New Database of Financial Reforms}, - journal = {IMF Staff Papers}, - year = {2010}, - volume = {57}, - number = {2}, - pages = {281--302}, - month = {June}, -} - -@Article{cos11, - author = {Christopher D. Carroll and Misuzu Otsuka and Jiri Slacalek}, - title = {How Large Are Financial and Housing Wealth Effects? A New Approach}, - journal = {Journal of Money, Credit, and Banking}, - year = {2011}, - volume = {43}, - number = {1}, - pages = {55--79}, - month = {February}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cosWealthEffects/}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/cosWealthEffects.pdf}, - bdsk-url-2 = {http://dx.doi.org/10.1111/j.1538-4616.2010.00365.x}, - doi = {10.1111/j.1538-4616.2010.00365.x}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cosHousingWealth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cosHousingWealth.pdf:PDF}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/cosWealthEffects.pdf}, -} - -@Article{ctDiscrete, - author = {Carroll, Christopher D. and Toche, Patrick}, - title = {A Tractable Model of Buffer Stock Saving}, - journal = {NBER Working Paper Number 15265}, - year = {2009}, - month = {August}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/ctDiscrete}}, - status = {Revise and Resubmit, {\it The Economic Journal}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/ctDiscrete}, -} - -@Article{cjSOE, - author = {Carroll, Christopher D. and Jeanne, Olivier}, - title = {A Tractable Model of Precautionary Reserves, Net Foreign Assets, or Sovereign Wealth Funds}, - journal = {NBER Working Paper Number 15228}, - year = {2009}, - month = {August}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/papers/cjSOE}}, - status = {Not submitted}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/cjSOE.pdf}, -} - -@Article{carroll:atheoryjep, - author = {Carroll, Christopher D.}, - title = {A Theory of the Consumption Function, With and Without Liquidity Constraints}, - journal = {Journal of Economic Perspectives}, - year = {2001}, - volume = {15}, - number = {3}, - pages = {23-46}, - month = {Summer}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3JEP.pdf}}, - url = {\url{https://www.econ2.jhu.edu/people/ccarroll/ATheoryv3JEP.pdf}}, -} - -@Article{kmpHandbook, - author = {Krueger, Dirk and Mitman, Kurt and Perri, Fabrizio}, - title = {Macroeconomics and Household Heterogeneity}, - journal = {Handbook of Macroeconomics}, - year = {2016}, - volume = {2}, - pages = {843--921}, - abstract = {The goal of this chapter is to study how, and by how - much, household income, wealth, and preference - heterogeneity amplify and propagate a macroeconomic - shock. We focus on the U.S. Great Recession of - 2007-2009 and proceed in two steps. First, using data - from the Panel Study of Income Dynamics, we document - the patterns of household income, consumption and - wealth inequality before and during the Great - Recession. We then investigate how households in - different segments of the wealth distribution were - affected by income declines, and how they changed - their expenditures differentially during the - aggregate downturn. Motivated by this evidence, we - study several variants of a standard heterogeneous - household model with aggregate shocks and an - endogenous cross-sectional wealth distribution. Our - key finding is that wealth inequality can - significantly amplify the impact of an aggregate - shock, and it does so if the distribution features a - sufficiently large fraction of households with very - little net worth that sharply increase their saving - (i.e. they are not hand-to mouth) as the recession - hits. We document that both these features are - observed in the PSID. We also investigate the role - that social insurance policies, such as unemployment - insurance, play in shaping the cross-sectional income - and wealth distribution, and through it, the dynamics - of business cycles.}, - doi = {10.3386/w22319}, - publisher = {Elsevier}, - url = {http://www.nber.org/papers/w22319}, -} - -@Article{modyEtAl_precSaving, - author = {Ashoka Mody and Franziska Ohnsorge and Damiano Sandri}, - title = {Precautionary Savings in the Great Recession}, - journal = {IMF Economic Review}, - year = {2012}, - volume = {60}, - number = {1}, - pages = {114--138}, - month = {April}, -} - -@Article{admmmCredit, - author = {Aron, Janine and John V. Duca and John Muellbauer and Keiko Murata and Anthony Murphy}, - title = {Credit, Housing Collateral, and Consumption: Evidence from Japan, the U.K., and the U.S.}, - journal = {Review of Income and Wealth}, - year = {2011}, - doi = {10.1111/j.1475-4991.2001.00466.x}, -} - -@Article{hallQuantifying, - author = {Hall, Robert E.}, - title = {Quantifying the Forces Leading to the Collapse of GDP after the Financial Crisis}, - journal = {Manuscript, Stanford University}, - year = {2012}, - month = {March}, -} - -@Article{dszRichSave, - author = {Dynan, Karen E. and Skinner, Jonathan and Zeldes, Stephen P.}, - title = {Do the Rich Save More?}, - journal = {Journal of Political Economy}, - year = {2004}, - volume = {112}, - number = {2}, - pages = {397--444}, - publisher = {JSTOR}, -} - -@Article{baker_policyUncertainty, - author = {Scott R. Baker and Nicholas Bloom and Steven J. Davis}, - title = {Measuring Economic Policy Uncertainty}, - journal = {The Quarterly Journal of Economics}, - year = {2016}, - volume = {131}, - number = {4}, - pages = {1593--1636}, - publisher = {Oxford University Press}, -} - -@Article{CBOSaving, - author = {{Congressional~Budget~Office}}, - title = {Assessing the Decline in National Saving Rate}, - journal = {Congressional Budget Office Reports}, - year = {1993}, - month = {April}, -} - -@Book{friedmanATheory, - title = {A Theory of the Consumption Function}, - publisher = {Princeton University Press}, - year = {1957}, - author = {Friedman, Milton A.}, -} - -@Article{carrollBSLCPIH, - author = {Carroll, Christopher D.}, - title = {Buffer Stock Saving and the Life Cycle/Permanent Income Hypothesis}, - journal = {Quarterly Journal of Economics}, - year = {1997}, - volume = {CXII}, - number = {1}, - pages = {1--56}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/BSLCPIH.zip}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/BSLCPIH.zip}, - file = {bib/bslcpih.pdf:bib/bslcpih.pdf:PDF}, - score = {40}, - url = {https://www.econ2.jhu.edu/people/ccarroll/BSLCPIH.zip}, -} - -@Article{gpLifeCycle, - author = {Gourinchas, Pierre-Olivier and Parker, Jonathan}, - title = {Consumption Over the Life Cycle}, - journal = {Econometrica}, - year = {2002}, - volume = {70}, - number = {1}, - pages = {47--89}, -} - -@Article{bewleyPIH, - author = {Bewley, Truman}, - title = {The Permanent Income Hypothesis: A Theoretical Formulation}, - journal = {Journal of Economic Theory}, - year = {1977}, - volume = {16}, - pages = {252--292}, -} - -@Article{seIncFluct, - author = {Schechtman, Jack and Escudero, Vera}, - title = {Some results on `An Income Fluctuation Problem'}, - journal = {Journal of Economic Theory}, - year = {1977}, - volume = {16}, - pages = {151--166}, -} - -@Article{macurdyTimeseries, - author = {MaCurdy, Thomas}, - title = {The Use of Time Series Processes to Model the Error Structure of Earnings in a Longitudinal Data Analysis}, - journal = {Journal of Econometrics}, - year = {1982}, - volume = {18}, - number = {1}, - pages = {83--114}, -} - -@Article{acCovariance, - author = {Abowd, John M. and Card, David}, - title = {On the Covariance Structure of Earnings and Hours Changes}, - journal = {Econometrica}, - year = {1989}, - volume = {57}, - pages = {411--445}, -} - -@Article{carroll&samwick:nature, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The {N}ature of {P}recautionary {W}ealth}, - journal = {Journal of Monetary Economics}, - year = {1997}, - volume = {40}, - number = {1}, - pages = {41--71}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/nature.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/nature.pdf}, -} - -@Article{csNature, - author = {Carroll, Christopher D. and Samwick, Andrew A.}, - title = {The {N}ature of {P}recautionary {W}ealth}, - journal = {Journal of Monetary Economics}, - year = {1997}, - volume = {40}, - number = {1}, - pages = {41--71}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/nature.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/nature.pdf}, -} - -@Article{jpCins, - author = {Jappelli, Tullio and Pistaferri, Luigi}, - title = {Intertemporal Choice and Consumption Mobility}, - journal = {Econometric Society World Congress 2000 Contributed Paper Number 0118}, - year = {2000}, - month = {August}, - bdsk-url-1 = {http://fmwww.bc.edu/RePEc/es2000/0118.pdf}, - url = {http://fmwww.bc.edu/RePEc/es2000/0118.pdf}, -} - -@Article{styConsumption, - author = {Storesletten, Kjetil and Telmer, Chris I. and Yaron, Amir}, - title = {Consumption and Risk Sharing Over the Life Cycle}, - journal = {Journal of Monetary Economics}, - year = {2004}, - volume = {51}, - number = {3}, - pages = {609--633}, - month = {Apr}, - bdsk-url-1 = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW-2/1/4934de112177c84dc55a3f37dbde0e16}, - biburl = {http://www.bibsonomy.org/bibtex/ 2eec5eb26c6514db248ef7956537b8aaa/smicha}, - keywords = {Risk sharing}, - url = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW- - 2/1/4934de112177c84dc55a3f37dbde0e16}, -} - -@Article{sty:consumption, - author = {Storesletten, Kjetil and Telmer, Chris I. and Yaron, Amir}, - title = {Consumption and Risk Sharing Over the Life Cycle}, - journal = {Journal of Monetary Economics}, - year = {2004}, - volume = {51}, - number = {3}, - pages = {609--633}, - month = {Apr}, - bdsk-url-1 = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW-2/1/4934de112177c84dc55a3f37dbde0e16}, - biburl = {http://www.bibsonomy.org/bibtex/ 2eec5eb26c6514db248ef7956537b8aaa/smicha}, - keywords = {Risk sharing}, - url = {http://www.sciencedirect.com/science/article/B6VBW-4BWMTRW- - 2/1/4934de112177c84dc55a3f37dbde0e16}, -} - -@Article{blpRisk, - author = {Blundell, Richard and Low, Hamish and Preston, Ian}, - title = {Decomposing Changes in Income Risk Using Consumption Data}, - journal = {Manusscript, University College London}, - year = {2008}, - month = {July}, -} - -@Article{claridaErgodic, - author = {Clarida, Richard H.}, - title = {Consumption, Liquidity Constraints, and Asset Accumulation in the Face of Random Fluctuations in Income}, - journal = {International Economic Review}, - year = {1987}, - volume = {XXVIII}, - pages = {339--351}, -} - -@Article{tocheUrisk, - author = {Toche, Patrick}, - title = {A Tractable Model of Precautionary Saving in Continuous Time}, - journal = {Economics Letters}, - year = {2005}, - volume = {87}, - number = {2}, - pages = {267--272}, - note = {\url{http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267-272.html}}, - bdsk-url-1 = {http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267-272.html}, - url = {http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267- - 272.html}, -} - -@Article{toche:urisk, - author = {Toche, Patrick}, - title = {A Tractable Model of Precautionary Saving in Continuous Time}, - journal = {Economics Letters}, - year = {2005}, - volume = {87}, - number = {2}, - pages = {267--272}, - note = {\url{http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267-272.html}}, - bdsk-url-1 = {http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267-272.html}, - url = {http://ideas.repec.org/a/eee/ecolet/v87y2005i2p267- - 272.html}, -} - -@Article{ramseySave, - author = {Ramsey, Frank}, - title = {A Mathematical Theory of Saving}, - journal = {Economic Journal}, - year = {1928}, - volume = {38}, - number = {152}, - pages = {543--559}, -} - -@Article{ckConcavity, - author = {Carroll, Christopher D. and Kimball, Miles S.}, - title = {On the {C}oncavity of the {C}onsumption {F}unction}, - journal = {Econometrica}, - year = {1996}, - volume = {64}, - number = {4}, - pages = {981--992}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}, - score = {10}, - url = {https://www.econ2.jhu.edu/people/ccarroll/concavity.pdf}, -} - -@Article{jboydWeighted, - author = {Boyd, John H.}, - title = {Recursive Utility and the Ramsey Problem}, - journal = {Journal of Economic Theory}, - year = {1990}, - volume = {50}, - number = {2}, - pages = {326--345}, - month = {April}, -} - -@Article{BSinKS, - author = {Carroll, Christopher D. and Slacalek, Jiri and Tokuoka, Kiichi}, - title = {Digestible Microfoundations: Buffer Stock Saving in a Krusell-Smith World}, - journal = {Manuscript, Johns Hopkins University}, - year = {2011}, - note = {At \href{https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}{https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/BSinKS.pdf}, -} - -@Article{hiraguchiBSProofs, - author = {Hiraguchi, Ryoji}, - title = {On the Convergence of Consumption Rules}, - journal = {Manuscript, Johns Hopkins University}, - year = {2003}, -} - -@Article{havranek:metaHabits, - author = {Havranek, Tomas and Rusnak, Marek and Sokolova, Anna}, - title = {Habit Formation in Consumption: A Meta-Analysis}, - journal = {European Economic Review}, - year = {2017}, - volume = {95}, - number = {C}, - pages = {142--167}, - doi = {10.1016/j.euroecorev.2017}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/hrsHabit.pdf}, - keywords = {Habit formation; Consumption; Meta-analysis; Bayesian model averaging; Frequentist model averaging}, - publisher = {Elsevier}, - url = {https://doi.org/10.1016/j.euroecorev.2017.03.009}, -} - -@Article{krusellSmith_heterogeneity_JPE98, - author = {Per Krusell and Anthony A. Smith}, - title = {Income and Wealth Heterogeneity in the Macroeconomy}, - journal = {Journal of Political Economy}, - year = {1998}, - volume = {106}, - number = {5}, - pages = {867--896}, - owner = {Jirka}, - timestamp = {2009.01.28}, -} - -@Article{ksHetero, - author = {Per Krusell and Anthony A. Smith}, - title = {Income and Wealth Heterogeneity in the Macroeconomy}, - journal = {Journal of Political Economy}, - year = {1998}, - volume = {106}, - number = {5}, - pages = {867--896}, - owner = {Jirka}, - timestamp = {2009.01.28}, -} - -@Article{JIE2001, - author = {Kalemli-Ozcan, Sebnem and Sorensen, Bent E. and Yosha, Oved}, - title = {{Economic integration, industrial specialization, and the asymmetry of macroeconomic fluctuations}}, - journal = {Journal of International Economics}, - year = {2001}, - volume = {55}, - number = {1}, - pages = {107-137}, - month = {October}, - abstract = {No abstract is available for this item.}, - url = {https://ideas.repec.org/a/eee/inecon/v55y2001i1p107-137.html}, -} - -@Article{REStat2008, - author = {María José Luengo-Prado and Bent E. S{\o}rensen}, - title = {{What Can Explain Excess Smoothness and Sensitivity of State-Level Consumption?}}, - journal = {The Review of Economics and Statistics}, - year = {2008}, - volume = {90}, - number = {1}, - pages = {65-80}, - month = {February}, - abstract = { This article estimates marginal propensities to consume (MPC) out of current and lagged income for U.S. states using panel data regressions that control for time-specific and state-level fixed effects. The MPCs vary across states; in particular, the MPC out of current income is higher in states where income is more persistent, and the MPC out of lagged income is lower in agricultural states. We show that the estimated MPCs can be matched by a model of forward-looking consumers that includes all of the following features: time aggregation, durable goods, impatience, credit constraints, and risk sharing. Copyright by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.}, - url = {https://ideas.repec.org/a/tpr/restat/v90y2008i1p65-80.html}, -} - -@Book{king2016alchemy, - title = {The end of alchemy : money, banking and the future of the global economy}, - publisher = {Little, Brown}, - year = {2016}, - author = {King, Mervyn A.}, - address = {London}, - isbn = {1408706105 9781408706107 9781408706114 1408706113}, - abstract = {The past twenty years saw unprecedented growth and stability followed by the worst financial crisis the industrialised world has ever witnessed. In the space of little more than a year what had been seen as the age of wisdom was viewed as the age of foolishness. Almost overnight, belief turned into incredulity. Most accounts of the recent crisis focus on the symptoms and not the underlying causes of what went wrong. But those events, vivid though they remain in our memories, comprised only the latest in a long series of financial crises since our present system of commerce became the cornerstone of modern capitalism. Alchemy explains why, ultimately, this was and remains a crisis not of banking – even if we need to reform the banking system – nor of policy-making – even if mistakes were made – but of ideas. In this refreshing and vitally important book, former governor of the Bank of England Mervyn King – an actor in this drama – proposes revolutionary new concepts to answer the central question: are money and banking a form of Alchemy or are they the Achilles heel of a modern capitalist economy? }, - added-at = {2016-04-16T15:51:52.000+0200}, - biburl = {https://www.bibsonomy.org/bibtex/25a003dea76d39a3f914183cffcf2b0b1/meneteqel}, - interhash = {8336b0a0bbd5b3719c6d70d75695e224}, - intrahash = {5a003dea76d39a3f914183cffcf2b0b1}, - keywords = {banking capitalism financial_crisis financial_market international_finance money}, - refid = {920656482}, - timestamp = {2017-01-08T22:08:08.000+0100}, - url = {http://books.wwnorton.com/books/The-End-of-Alchemy/}, -} - -@Article{psjmMPC2008, - author = {Parker, Jonathan A and Souleles, Nicholas S and Johnson, David S and McClelland, Robert}, - title = {Consumer spending and the economic stimulus payments of 2008}, - journal = {The American Economic Review}, - year = {2013}, - volume = {103}, - number = {6}, - pages = {2530--2553}, - month = {October}, - publisher = {American Economic Association}, -} - -@TechReport{gordonFutureGrowth, - author = {Robert J. Gordon}, - title = {Is U.S. Economic Growth Over? Faltering Innovation Confronts the Six Headwinds}, - institution = {National Bureau of Economic Research}, - year = {2012}, - type = {Working Paper}, - number = {18315}, - month = {August}, - abstract = {This paper raises basic questions about the process of economic growth. It questions the assumption, nearly universal since Solow's seminal contributions of the 1950s, that economic growth is a continuous process that will persist forever. There was virtually no growth before 1750, and thus there is no guarantee that growth will continue indefinitely. Rather, the paper suggests that the rapid progress made over the past 250 years could well turn out to be a unique episode in human history. The paper is only about the United States and views the future from 2007 while pretending that the financial crisis did not happen. Its point of departure is growth in per-capita real GDP in the frontier country since 1300, the U.K. until 1906 and the U.S. afterwards. Growth in this frontier gradually accelerated after 1750, reached a peak in the middle of the 20th century, and has been slowing down since. The paper is about "how much further could the frontier growth rate decline?" - -The analysis links periods of slow and rapid growth to the timing of the three industrial revolutions (IR's), that is, IR #1 (steam, railroads) from 1750 to 1830; IR #2 (electricity, internal combustion engine, running water, indoor toilets, communications, entertainment, chemicals, petroleum) from 1870 to 1900; and IR #3 (computers, the web, mobile phones) from 1960 to present. It provides evidence that IR #2 was more important than the others and was largely responsible for 80 years of relatively rapid productivity growth between 1890 and 1972. Once the spin-off inventions from IR #2 (airplanes, air conditioning, interstate highways) had run their course, productivity growth during 1972-96 was much slower than before. In contrast, IR #3 created only a short-lived growth revival between 1996 and 2004. Many of the original and spin-off inventions of IR #2 could happen only once - urbanization, transportation speed, the freedom of females from the drudgery of carrying tons of water per year, and the role of central heating and air conditioning in achieving a year-round constant temperature. - -Even if innovation were to continue into the future at the rate of the two decades before 2007, the U.S. faces six headwinds that are in the process of dragging long-term growth to half or less of the 1.9 percent annual rate experienced between 1860 and 2007. These include demography, education, inequality, globalization, energy/environment, and the overhang of consumer and government debt. A provocative "exercise in subtraction" suggests that future growth in consumption per capita for the bottom 99 percent of the income distribution could fall below 0.5 percent per year for an extended period of decades.}, - doi = {10.3386/w18315}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w18315}, -} - -@TechReport{cstKS_ecbWP, - author = {Carroll, Christopher D. and Slacalek, Jiri and Tokuoka, Kiichi}, - title = {Buffer-Stock Saving in a Krusell--Smith World}, - institution = {European Central Bank}, - year = {2014}, - type = {working paper}, - number = {1633}, - owner = {akmaral}, - timestamp = {2014.02.02}, -} - -@Article{lmp:wagerisk, - author = {Low, Hamish and Meghir, Costas and Pistaferri, Luigi}, - title = {Wage Risk and Employment Over the Life Cycle}, - journal = {American Economic Review}, - year = {2010}, - volume = {100}, - number = {4}, - pages = {1432--1467}, -} - -@Article{kvH2M, - author = {Kaplan, Greg and Violante, Giovanni L}, - title = {A model of the consumption response to fiscal stimulus payments}, - journal = {Econometrica}, - year = {2014}, - volume = {82}, - number = {4}, - pages = {1199--1239}, - publisher = {Wiley Online Library}, -} - -@TechReport{hausmanVeteransBonus, - author = {Hausman, Joshua K.}, - title = {Fiscal Policy and Economic Recovery: The Case of the 1936 Veterans' Bonus}, - institution = {University of California, Berkeley}, - year = {2012}, - type = {mimeo}, -} - -@Article{jpCResponse, - author = {Tullio Jappelli and Luigi Pistaferri}, - title = {The Consumption Response to Income Changes}, - journal = {The Annual Review of Economics}, - year = {2010}, - volume = {2}, - number = {1}, - pages = {479--506}, - publisher = {Annual Reviews}, -} - -@Article{carroll:babyboomcomment, - author = {Engen, Eric and William Gale and Cori Uccello}, - title = {The Adequacy of Retirement Saving}, - journal = {Brookings Papers on Economic Activity}, - year = {1999}, - volume = {1999}, - number = {2}, - note = {Published Discussion}, -} - -@TechReport{otsuka:jobmarket, - author = {Otsuka, Misuzu}, - title = {Household Portfolio Choice with Illiquid Assets}, - institution = {Johns Hopkins University}, - year = {2003}, - type = {manuscript}, -} - -@Article{bpp2008, - author = {Richard Blundell and Luigi Pistaferri and Ian Preston}, - title = {Consumption inequality and partial insurance}, - journal = AER, - year = {2008}, - volume = {98}, - number = {5}, - pages = {1887-1921}, - month = {December}, -} - -@Article{mianRaoSufi_slump, - author = {Atif Mian and Kamalesh Rao and Amir Sufi}, - title = {Household Balance Sheets, Consumption, and the Economic Slump}, - journal = {Quarterly Journal of Economics}, - year = {2013}, - volume = {128}, - number = {4}, - pages = {1687--1726}, -} - -@Book{jlsMeasuring, - title = {Measuring Economic Sustainability And Progress}, - publisher = {NBER}, - year = {2014 (forthcoming)}, - author = {Jorgenson, Dale W and Landefeld, J Steven and Schreyer, Paul}, - booktitle = {Measuring Economic Sustainability and Progress}, -} - -@Article{deatonReconsideration, - author = {Deaton, Angus}, - title = {{A} {R}econsideration of the {E}mpirical {I}mplications of {A}dditive {P}references}, - journal = {The Economic Journal}, - year = {1974}, - volume = {84}, - number = {334}, - pages = {pp. 338-348}, - issn = {00130133}, - copyright = {Copyright © 1974 Royal Economic Society}, - file = {deatonReconsideration.pdf:deatonReconsideration.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 1974}, - language = {English}, - publisher = {Wiley on behalf of the Royal Economic Society}, - url = {http://www.jstor.org/stable/2231258}, -} - -@Article{dmAIDS, - author = {Deaton, Angus and Muellbauer, John}, - title = {{A}n {A}lmost {I}deal {D}emand {S}ystem}, - journal = {The American Economic Review}, - year = {1980}, - volume = {70}, - number = {3}, - pages = {pp. 312-326}, - issn = {00028282}, - note = {\url{http://www.jstor.org/stable/1805222}}, - comment = {Cite Stone (1954) as originating? Virtues: gives an - arbitrary first-order approximation to any demand - system; it satisfies the axioms of choice exactly; - it aggregates perfectly over consumers without - invoking parallel linear Engel curves; it has a - functional form which is consistent with known - household-budget data; it is simple to estimate, - largely avoiding the need for non-linear estimation; - and it can be used to test the restrictions of - homogeneity and symmetry through linear restrictions - on fixed parameters;``by proposing a demand system - which is superior to its predecessors, we hope to be - able to reveal more clearly the problems and - potential solutions associated with the usual - approach.'' the now standard rejection of homogeneity - in demand analysis may be due to insufficient - attention to the dynamic aspects of consumer - behavior. ``In this paper we have introduced a new - system of demand equations, the AIDS, in which the - budget shares of the various commodities are - linearly related to the logarithm of real total - expenditure and the logarithms of relative prices.''}, - copyright = {Copyright © 1980 American Economic Association}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dmAIDS.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/dmAIDS.pdf:PDF;dmAIDS.pdf:dmAIDS.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 1980}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/1805222}, -} - -@Article{diZeroExpenditures, - author = {Deaton, Angus and Irish, Margaret}, - title = {{S}tatistical models for zero expenditures in household budgets}, - journal = {Journal of Public Economics}, - year = {1984}, - volume = {23}, - number = {1-2}, - pages = {59--80}, - file = {diZeroExpenditures.pdf:diZeroExpenditures.pdf:PDF}, - publisher = {Elsevier}, - url = {http://dx.doi.org/10.1016/0047-2727(84)90067-7}, -} - -@Article{bdiProfitable, - author = {Browning, Martin and Deaton, Angus and Irish, Margaret}, - title = {{A} {P}rofitable {A}pproach to {L}abor {S}upply and {C}ommodity {D}emands over the {L}ife-{C}ycle}, - journal = {Econometrica}, - year = {1985}, - volume = {53}, - number = {3}, - pages = {pp. 503-544}, - issn = {00129682}, - abstract = {The paper presents a general theoretical framework - for the analysis of integrated life-cycle models of - consumption and family labor supply under - uncertainty. Profit functions are used to represent - intertemporally additive preferences and to yield - convenient characterizations of ``constant marginal - utility of wealth'' or ``Frisch'' demand functions. - Conditions on preferences derived that allow - additive fixed-effect specifications for the Frisch - demands. Data from the British Family Expenditure - Surveys from 1970-77 are used to derive panel-like - information on male labor supply and consumption for - several age cohorts over time. These data reproduce - standard life-cycle patterns of hours and wages, but - more detailed analysis shows that the theory is - incapable of offering a satisfactory common - explanation of the behavior of hours and wages over - both the business cycle and the life cycle. - Similarly, although the theory can explain the - life-cycle behavior of hours and consumption - separately, the same model cannot explain both, - essentially because of a failure in symmetry.}, - copyright = {Copyright © 1985 The Econometric Society}, - file = {bdiProfitable.pdf:bdiProfitable.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {May, 1985}, - language = {English}, - publisher = {The Econometric Society}, - url = {http://www.jstor.org/stable/1911653}, -} - -@Article{bdTimeSeriesC, - author = {Blinder, Alan S. and Deaton, Angus S.}, - title = {{T}he {T}ime {S}eries {C}onsumption {F}unction {R}evisited}, - journal = {Brookings Papers on Economic Activity, 1985:2}, - year = {1985}, - pages = {465--521}, - file = {bdTimeSeriesC.pdf:bdTimeSeriesC.pdf:PDF}, - url = {http://www.jstor.org/stable/2534444}, -} - -@Article{deatonPanelFromCross, - author = {Angus Deaton}, - title = {{P}anel {D}ata from {T}ime {S}eries and {C}ross {S}ections}, - journal = {Journal of Econometrics}, - year = {1985}, - volume = {30}, - pages = {109--26}, - doi = {10.1016/0304-4076(85)90134-4}, - file = {deatonPanelFromCross.pdf:deatonPanelFromCross.pdf:PDF}, - url = {http://dx.doi.org/10.1016/0304-4076(85)90134-4}, -} - -@TechReport{deatonLifeCycle, - author = {Deaton, Angus}, - title = {{L}ife-cycle models of consumption: {I}s the evidence consistent with the theory?}, - year = {1987}, - abstract = {The paper considers avariety of evidence that casts - light on the validity of the life-cycle model of - consumer behavior. In the first part of the paper, - simple non-parametric tests are used to examine - representative agent models of consumption and labor - supply. It seems extremely unlikely that post-war - United States evidence can usefully be explained by - such a model, at least if the assumption of - intertemporal separability is maintained. Changes in - aggregate consumption bear little relationship to - after tax real interest rates, and consumption has - tended to grow even during periods of negative real - interest rates. Joint consideration of consumption - and labor supply does nothing to resolve the - problems that arise when consumption is taken by - itself. It is argued that these results cast doubt, - not onlife-cycle theory itself, but on the - representative agent assumption; there is little - reason to suppose that changes inaggregate - consumption should be related to the real - interestrate.The second part of the paper is - concerned with the time-series representation of - disposable income and with it simplications for the - behavior of consumption under the assumptions of the - life-cycle model. If real disposable income is truly - a first-order autoregressive process in first - differences,a process that fits the data well and is - becoming increasing popular in the macro time-series - literature,then the life-cycle model implies that - changes in consumption should be more variable than - innovations in income, a prediction that is - manifestly false. Various possible resolutions of - this problem are reviewed, including habit formation - and alternative representations of disposable - income. The paper concludes with some evidence on - the excess sensitivity question, why it is that - consumption responds to anticipated changes in - income. Monte Carlo evidence supports the suggestion - made by Mankiw and Shapiro that the presence of time - trends can cause severe problems of inference in - models containing variables with unit roots, but the - results makeit seem unlikely that this is the cause - of the widespread excess sensitivity findings.}, - file = {deatonLifeCycle.pdf:deatonLifeCycle.pdf:PDF}, - journal = {Advances in econometrics. 2}, - pages = {121}, - publisher = {Cambridge University Press}, - series = {Working Paper Series}, - url = {http://www.nber.org/papers/w1910}, - volume = {2}, -} - -@Article{cdSmooth, - author = {Campbell, John and Deaton, Angus}, - title = {{W}hy is {C}onsumption {S}o {S}mooth?}, - journal = {The Review of Economic Studies}, - year = {1989}, - volume = {56}, - number = {3}, - pages = {357--373}, - month = {jul}, - issn = {0034-6527}, - note = {\url{http://www.jstor.org/stable/2297552}}, - abstract = {For thirty years it has been accepted that - consumption is smooth because permanent income is - smoother than measured income. This paper considers - the evidence for the contrary position, that - permanent income is in fact less smooth than - measured income, so that the smoothness of - consumption cannot be straightforwardly explained by - permanent income theory. The paper argues that in - postwar U.S. quarterly data, consumption is smooth - because it responds with a lag to changes in - income.}, - bdsk-url-1 = {http://links.jstor.org/sici?sici=0034-6527%28198907%2956%3A3%3C357%3AWICSS%3E2.0.CO%3B2-V}, - copyright = {Copyright 1989 The Review of Economic Studies Ltd.}, - date-modified = {2011-10-14 19:47:51 -0400}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cdSmooth.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/cdSmooth.pdf:PDF;cdSmooth.pdf:cdSmooth.pdf:PDF}, - jstor_articletype = {Full Length Article}, - jstor_date = {198907}, - jstor_formatteddate = {Jul., 1989}, - publisher = {The Review of Economic Studies Ltd.}, - url = {http://www.jstor.org/stable/2297552}, -} - -@Article{deatonLDCs, - author = {Deaton, Angus}, - title = {{H}ousehold {S}aving in {LDC}s: {C}redit {M}arkets, {I}nsurance and {W}elfare}, - journal = {The Scandinavian Journal of Economics}, - year = {1992}, - volume = {94}, - number = {2}, - pages = {pp. 253-273}, - issn = {03470520}, - abstract = {Some ways in which farmers in LDCs can protect their - living standards against fluctuations in income are - discussed. After considering the theory of - consumption under uncertainty when there is no or - limited borrowing, the case where some borrowing is - allowed is also examined. Empirical evidence from - some LDCs is used to look at (i) household borrowing - and lending, their importance and timing, and their - role in smoothing consumption, and (ii) the - life-cycle behavior of consumption and income. The - results suggest that ``hump'' life-cycle saving is not - likely to be a very important generator of wealth in - LDCs and provide further evidence on the limited - role of credit markets.}, - copyright = {Copyright © 1992 The Scandinavian Journal of Economics}, - file = {deatonLDCs.pdf:deatonLDCs.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 1992}, - jstor_issuetitle = {Proceedings of a Conference on Savings Behavior: Theory, International Evidence and Policy Implications}, - language = {English}, - publisher = {Wiley on behalf of The Scandinavian Journal of Economics}, - url = {http://www.jstor.org/stable/3440451}, -} - -@Article{dlCommodity, - author = {Deaton, Angus and Laroque, Guy}, - title = {{O}n the {B}ehaviour of {C}ommodity {P}rices}, - journal = {The Review of Economic Studies}, - year = {1992}, - volume = {59}, - number = {1}, - pages = {1-23}, - note = {\url{http://restud.oxfordjournals.org/content/59/1/1.abstract}}, - abstract = {This paper applies the standard rational - expectations competitive storage model to the study - of thirteen commodities. It explains the skewness, - and the existence of rare but violent explosions in - prices, coupled with a high degree of price - autocorrelation in more normal times. A central - feature of the model is the explicit recognition of - the fact that it is impossible for the market as a - whole to carry negative inventories, and this - introduces an essential non-linearity which carries - through into non-linearity of the predicted - commodity price series. For most of the thirteen - commodity prices, the behaviour of prices from one - year to the next conforms to the predictions of the - theory about conditional expectations and - conditional variances. However, given the - non-linearity both of the model and of the actual - prices, such conformity is not enough to ensure that - the theory yields a complete account of the data. In - particular, the analysis does not yield a fully - satisfactory explanation for the high - autocorrelation observed in the data.}, - doi = {10.2307/2297923}, - eprint = {http://restud.oxfordjournals.org/content/59/1/1.full.pdf+html}, - file = {dlCommodity.pdf:dlCommodity.pdf:PDF}, - url = {http://restud.oxfordjournals.org/content/59/1/1.abstract}, -} - -@Article{dpInequality, - author = {Deaton, Angus and Paxson, Christina}, - title = {{I}ntertemporal {C}hoice and {I}nequality}, - journal = {Journal of Political Economy}, - year = {1994}, - volume = {102}, - number = {3}, - pages = {pp. 437-467}, - issn = {00223808}, - abstract = {The permanent income hypothesis implies that, for - any cohort of people born at the same time, - inequality in both consumption and income should - grow with age. We investigate this prediction using - cohort data constructed from 11 years of household - survey data from the United States, 22 years from - Great Britain, and 14 years from Taiwan. The data - show that within-cohort consumption and income - inequality measures do indeed increase with age in - the three economies and that the rate of increase is - similar in all three. According to the permanent - income hypothesis, the increase in inequality - reflects cumulative differences in the effects of - luck on consumption. Other models of intertemporal - choice--such as those with strong precautionary - motives or liquidity constraints--can limit or even - prevent the spread of inequality, as can insurance - arrangements that share risk across individuals. The - evidence on the spread of inequality can therefore - be used to help quantify the extent to which private - and social arrangements moderate the impact of risk - on the distribution of individual welfare.}, - copyright = {Copyright © 1994 The University of Chicago Press}, - file = {dpInequality.pdf:dpInequality.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 1994}, - language = {English}, - publisher = {The University of Chicago Press}, - url = {http://www.jstor.org/stable/2138618}, -} - -@InCollection{dpTaiwan, - author = {Deaton, Angus S. and Christina H. Paxson}, - title = {{S}aving, {G}rowth, and {A}ging in {T}aiwan}, - booktitle = {Studies in the Economics of Aging}, - publisher = {University of Chicago Press}, - year = {1994}, - editor = {Wise, David A.}, - address = {Chicago}, - file = {dpTaiwan.pdf:dpTaiwan.pdf:PDF}, - url = {http://www.nber.org/chapters/c7349.pdf}, -} - -@Article{dpEffects, - author = {{Deaton, Angus S.} and {Christina H. Paxson}}, - title = {{T}he {E}ffects of {E}conomic and {P}opulation {G}rowth on {N}ational {S}aving and {I}nequality}, - journal = {Demography}, - year = {1997}, - volume = {34}, - number = {1}, - pages = {97--114}, - file = {dpEffects.pdf:dpEffects.pdf:PDF}, - url = {http://www.jstor.org/stable/2061662}, -} - -@Article{dpAgingAndInequality, - author = {Deaton, Angus S. and Paxson, Christina H.}, - title = {{A}ging and {I}nequality in {I}ncome and {H}ealth}, - journal = {The American Economic Review}, - year = {1998}, - volume = {88}, - number = {2}, - pages = {pp. 248-253}, - issn = {00028282}, - copyright = {Copyright © 1998 American Economic Association}, - file = {dpAgingAndInequality.pdf:dpAgingAndInequality.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {May, 1998}, - jstor_issuetitle = {Papers and Proceedings of the Hundred and Tenth Annual Meeting of the American Economic Association}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/116928}, -} - -@Article{deatonCommodityAfrica, - author = {Deaton, Angus}, - title = {{C}ommodity {P}rices and {G}rowth in {A}frica}, - journal = {The Journal of Economic Perspectives}, - year = {1999}, - volume = {13}, - number = {3}, - pages = {pp. 23-40}, - issn = {08953309}, - copyright = {Copyright © 1999 American Economic Association}, - file = {deatonCommodityAfrica.pdf:deatonCommodityAfrica.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Summer, 1999}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2646983}, -} - -@Book{deatonHH, - title = {{T}he {A}nalysis {O}f {H}ousehold {S}urveys: {A} {M}icroeconometric {A}pproach {T}o {D}evelopment {P}olicy}, - publisher = {Johns Hopkins Univ. Press}, - year = {2000}, - author = {Deaton, Angus S.}, - address = {Baltimore, MD}, - edition = {3. printing}, - isbn = {0801852544}, - biburl = {http://www.bibsonomy.org/bibtex/26f2f87784d59d86af8c471e5857865a0/fbw_hannover}, - url = {http://gso.gbv.de/DB=2.1/CMD?ACT=SRCHA&SRT=YOP&IKT=1016&TRM=ppn+485128217&sourceid=fbw_bibsonomy}, -} - -@Article{dpCohort, - author = {{Deaton, Angus S.} and {Christina H. Paxson}}, - title = {{S}aving and {G}rowth: {A}nother {L}ook at the {C}ohort {E}vidence}, - journal = {Manuscript, Princeton University}, - year = {1998}, - file = {dpCohort.pdf:dpCohort.pdf:PDF}, - url = {http://www.princeton.edu/rpds/papers/pdfs/deaton_paxson_saving_growth.pdf}, -} - -@Article{dpGrowthSaving, - author = {Deaton, Angus and Paxson, Christina}, - title = {{G}rowth and {S}aving {A}mong {I}ndividuals and {H}ouseholds}, - journal = {Review of Economics and Statistics}, - year = {2000}, - volume = {82}, - number = {2}, - pages = {212--25}, - file = {dpGrowthSaving.pdf:dpGrowthSaving.pdf:PDF}, - url = {http://www.princeton.edu/~deaton/downloads/Growth_and_Saving_Among_Individuals_and_Households.pdf}, -} - -@Article{dlHousingGrowth, - author = {Deaton, Angus and Laroque, Guy}, - title = {{H}ousing, {L}and {P}rices, and {G}rowth}, - journal = {Journal of Economic Growth}, - year = {2001}, - volume = {6}, - number = {2}, - pages = {pp. 87--105}, - issn = {13814338}, - abstract = {We consider the effects of land for housing on the - growth process within an overlapping generations - model. Our original interest was to enquire whether - the introduction of land into a growth model might - account for a ''virtuous'' circle in which saving-up - for land (or housing) generates growth and higher - land prices, generating further increases in saving, - and so on. Such an account is sometimes proposed for - high saving rates in East Asia, where mortgage - markets are limited or absent. Our analysis does not - support such a story. The user cost of land reduces - the resources available for consumption of - reproducible goods, so that the introduction of - intrinsically valuable land into a growth model - lowers the equilibrium stock of capital and raises - the equilibrium interest rate. On the asset side, - the presence of land causes life-cycle savings to be - reallocated away from productive capital towards - land. The social optimum in such a model is for land - to be nationalized and provided at zero rent. Land - markets, far from generating saving and growth, are - inimical to capital formation.}, - copyright = {Copyright © 2001 Springer}, - file = {dlHousingGrowth.pdf:dlHousingGrowth.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Jun., 2001}, - language = {English}, - publisher = {Springer}, - url = {http://www.jstor.org/stable/40215868}, -} - -@Article{deatonHealthInequality, - author = {Deaton, Angus}, - title = {{H}ealth, {I}nequality, and {E}conomic {D}evelopment}, - journal = {The Journal of Economic Literature}, - year = {2003}, - volume = {41}, - number = {1}, - pages = {113--158}, - file = {deatonHealthInequality.pdf:deatonHealthInequality.pdf:PDF}, - url = {http://www.aeaweb.org/articles.php?doi=10.1257/002205103321544710}, -} - -@InCollection{dcBrokenDown, - author = {Case, Anne and Deaton, Angus S}, - title = {{B}roken down by work and sex: {H}ow our health declines}, - booktitle = {Analyses in the Economics of Aging}, - publisher = {University of Chicago Press}, - year = {2005}, - pages = {185--212}, - file = {dcBrokenDown.pdf:dcBrokenDown.pdf:PDF}, -} - -@Article{deatonMeasuringPoverty, - author = {Deaton, Angus}, - title = {{M}easuring {P}overty in a {G}rowing {W}orld ({O}r {M}easuring {G}rowth in a {P}oor {W}orld)}, - journal = {The Review of Economics and Statistics}, - year = {2005}, - volume = {87}, - number = {1}, - pages = {pp. 1-19}, - issn = {00346535}, - abstract = {The extent to which growth reduces global poverty - has been disputed for 30 years. Although there are - better data than ever before, controversies are not - resolved. A major problem is that consumption - measured from household surveys, which is used to - measure poverty, grows less rapidly than consumption - measured in national accounts, in the world as a - whole and in large countries, particularly India, - China, and the United States. In consequence, - measured poverty has fallen less rapidly than - appears warranted by measured growth in poor - countries. One plausible cause is that richer - households are less likely to participate in - surveys. But growth in the national accounts is also - upward biased, and consumption in the national - accounts contains large and rapidly growing items - that are not consumed by the poor and not included - in surveys. So it is possible for consumption of the - poor to grow less rapidly than national consumption, - without any increase in measured inequality. Current - statistical procedures in poor countries understate - the rate of global poverty reduction, and overstate - growth in the world.}, - copyright = {Copyright © 2005 The MIT Press}, - file = {deatonMeasuringPoverty.pdf:deatonMeasuringPoverty.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {Feb., 2005}, - language = {English}, - publisher = {The MIT Press}, - url = {http://www.jstor.org/stable/40042916}, -} - -@Article{cdlMortality, - author = {Cutler, David and Deaton, Angus and Lleras-Muney, Adriana}, - title = {{T}he {D}eterminants of {M}ortality}, - journal = {The Journal of Economic Perspectives}, - year = {2006}, - volume = {20}, - number = {3}, - pages = {97-120}, - abstract = {The pleasures of life are worth nothing if one is - not alive to experience them. Through the twentieth - century in the United States and other high-income - countries, growth in real incomes was accompanied by - a historically unprecedented decline in mortality - rates that caused life expectancy at birth to grow - by nearly 30 years. In the years just after World - War II, life expectancy gaps between countries were - falling across the world. Poor countries enjoyed - rapid increases in life-expectancy through the - 1970s, with the gains in some cases exceeding an - additional year of life expectancy per year, though - the HIV/AIDS epidemic and the transition in Russia - and Eastern Europe have changed that situation. We - investigate the determinants of the historical - decline in mortality, of differences in mortality - across countries, and of differences in mortality - across groups within countries. A good theory of - mortality should explain all of the facts we - will outline. No such theory exists at present, but - at the end of the paper we will sketch a tentative - synthesis.}, - doi = {10.1257/089533006780387634}, - file = {cdlMortality.pdf:cdlMortality.pdf:PDF}, - url = {http://www.ingentaconnect.com/content/aea/jep/2006/00000020/00000003/art00005}, -} - -@Article{deatonHuman, - author = {Deaton, Angus S}, - title = {{A}re economists human?}, - journal = {The Lancet}, - year = {2009}, - volume = {374}, - number = {9701}, - pages = {1585--1586}, - file = {deatonHuman.pdf:deatonHuman.pdf:PDF}, - publisher = {Elsevier}, - url = {http://www.lancet.com/journals/lancet/article/PIIS0140-6736(09)61936-X}, -} - -@Article{deatonInstruments, - author = {Deaton, Angus}, - title = {{I}nstruments, {R}andomization, and {L}earning about {D}evelopment}, - journal = {Journal of Economic Literature}, - year = {2010}, - volume = {48}, - number = {2}, - pages = {pp. 424-455}, - issn = {00220515}, - abstract = {There is currently much debate about the - effectiveness of foreign aid and about what kind of - projects can engender economic development. There - is skepticism about the ability of econometric - analysis to resolve these issues or of development - agencies to learn from their own experience. In - response, there is increasing use in development - economics of randomized controlled trials (RCTs) to - accumulate credible knowledge of what works, without - overreliance on questionable theory or statistical - methods. When RCTs are not possible, the proponents - of these methods advocate quasirandomization through - instrumental variable (IV) techniques or natural - experiments. I argue that many of these applications - are unlikely to recover quantities that are useful - for policy or understanding: two key issues are the - misunderstanding of exogeneity and the handling of - heterogeneity. I illustrate from the literature on - aid and growth. Actual randomization faces similar - problems as does quasi-randomization, - notwithstanding rhetoric to the contrary. I argue - that experiments have no special ability to produce - more credible knowledge than other methods, and that - actual experiments are frequently subject to - practical problems that undermine any claims to - statistical or epistemic superiority. I illustrate - using prominent experiments in development and - elsewhere. As with IV methods, RCT-based evaluation - of projects, without guidance from an understanding - of underlying mechanisms, is unlikely to lead to - scientific progress in the understanding of economic - development. I welcome recent trends in development - experimentation away from the evaluation of projects - and toward the evaluation of theoretical - mechanisms.}, - copyright = {Copyright © 2010 American Economic Association}, - file = {deatonInstruments.pdf:deatonInstruments.pdf:PDF}, - jstor_articletype = {research-article}, - jstor_formatteddate = {JUNE 2010}, - language = {English}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/20778731}, -} - -@Article{deatonMechanisms, - author = {Deaton, Angus}, - title = {{U}nderstanding the {M}echanisms of {E}conomic {D}evelopment}, - journal = {The Journal of Economic Perspectives}, - year = {2010}, - volume = {24}, - number = {3}, - pages = {3--16}, - file = {deatonMechanisms.pdf:deatonMechanisms.pdf:PDF}, - publisher = {American Economic Association}, - url = {http://www.aeaweb.org/articles.php?doi=10.1257/jep.24.3.3}, -} - -@Article{dkWellBeing, - author = {Kahneman, Daniel and Deaton, Angus}, - title = {{H}igh income improves evaluation of life but not emotional well-being}, - journal = {Proceedings of the National Academy of Sciences}, - year = {2010}, - volume = {107}, - number = {38}, - pages = {16489-16493}, - abstract = {Recent research has begun to distinguish two aspects - of subjective well-being. Emotional well-being - refers to the emotional quality of an individual's - everyday experience—the frequency and intensity of - experiences of joy, stress, sadness, anger, and - affection that make one's life pleasant or - unpleasant. Life evaluation refers to the thoughts - that people have about their life when they think - about it. We raise the question of whether money - buys happiness, separately for these two aspects of - well-being. We report an analysis of more than - 450,000 responses to the Gallup-Healthways - Well-Being Index, a daily survey of 1,000 US - residents conducted by the Gallup Organization. We - find that emotional well-being (measured by - questions about emotional experiences yesterday) and - life evaluation (measured by Cantril's - Self-Anchoring Scale) have different - correlates. Income and education are more closely - related to life evaluation, but health, care giving, - loneliness, and smoking are relatively stronger - predictors of daily emotions. When plotted against - log income, life evaluation rises - steadily. Emotional well-being also rises with log - income, but there is no further progress beyond an - annual income of \$75,000. Low income exacerbates - the emotional pain associated with such misfortunes - as divorce, ill health, and being alone. We conclude - that high income buys life satisfaction but not - happiness, and that low income is associated both - with low life evaluation and low emotional - well-being.}, - doi = {10.1073/pnas.1011492107}, - eprint = {http://www.pnas.org/content/107/38/16489.full.pdf+html}, - file = {dkWellBeing.pdf:dkWellBeing.pdf:PDF}, - url = {http://www.pnas.org/content/107/38/16489.abstract}, -} - -@Article{ssbdWellbeing, - author = {Stone, Arthur A and Schwartz, Joseph E and Broderick, Joan E and Deaton, Angus}, - title = {{A} {S}napshot {O}f {T}he {A}ge {D}istribution {O}f {P}sychological {W}ell-{B}eing {I}n {T}he {U}nited {S}tates}, - journal = {Proceedings of the National Academy of Sciences}, - year = {2010}, - volume = {107}, - number = {22}, - pages = {9985--9990}, - file = {ssbdWellbeing.pdf:ssbdWellbeing.pdf:PDF}, - publisher = {National Acad Sciences}, -} - -@Article{deatonHealthInjustice, - author = {Deaton, Angus}, - title = {{W}hat does the empirical evidence tell us about the injustice of health inequalities?}, - journal = {Available at SSRN 1746951}, - year = {2011}, - file = {deatonHealthInjustice.pdf:deatonHealthInjustice.pdf:PDF}, - url = {http://wws-roxen.princeton.edu/chwpapers/papers/What_does_the_empirical_evidence_tell_us_about_the_injustice.pdf}, -} - -@InCollection{deatonReligion, - author = {Deaton, Angus}, - title = {{A}ging, {R}eligion, and {H}ealth}, - booktitle = {Explorations in the Economics of Aging}, - publisher = {University of Chicago Press}, - year = {2011}, - pages = {237--262}, - file = {deatonReligion.pdf:deatonReligion.pdf:PDF}, - url = {http://www.nber.org/chapters/c11944.pdf}, -} - -@Article{deatonCrisis, - author = {Deaton, Angus}, - title = {{T}he financial crisis and the well-being of {A}mericans: 2011 {OEP} {H}icks {L}ecture}, - journal = {Oxford Economic Papers}, - year = {2012}, - volume = {64}, - number = {1}, - pages = {1-26}, - abstract = {I use daily data on self-reported well-being (SWB) - to examine how the Great Recession affected the - emotional and evaluative lives of the population. In - the fall of 2008 and lasting into the spring of - 2009, at the bottom of the stock market, Americans - reported sharp declines in their life evaluation, - sharp increases in worry and stress, and declines in - positive affect. By the end of 2010, in spite of - continuing high unemployment, these measures had - largely recovered. The SWB measures do a better job - of monitoring short-run levels of anxiety than the - medium-term evolution of the economy. Even very - large macroeconomic shocks will cause small and hard - to detect effects on SWB. Life evaluation questions - are extremely sensitive to question order - effects—asking political questions first reduces - reported life evaluation by an amount that dwarfs - the effects of even the worst of the crisis.}, - doi = {10.1093/oep/gpr051}, - eprint = {http://oep.oxfordjournals.org/content/64/1/1.full.pdf+html}, - file = {deatonCrisis.pdf:deatonCrisis.pdf:PDF}, - url = {http://oep.oxfordjournals.org/content/64/1/1.abstract}, -} - -@Article{dsHappiness, - author = {Deaton, Angus and Stone, Arthur A}, - title = {{T}wo {H}appiness {P}uzzles}, - journal = {American Economic Review Papers and Proceedings}, - year = {2013}, - file = {dsHappiness.pdf:dsHappiness.pdf:PDF}, -} - -@Article{agAssetReturns, - author = {Aiyagari, S. Rao and Gertler, Mark}, - title = {Asset Returns with Transactions Costs and Uninsured Individual Risk}, - journal = {Journal of Monetary Economics}, - year = {1990}, - pages = {311--331}, -} - -@TechReport{amCreditAndC, - author = {Aron, Janine and Muellbauer, John}, - title = {Housing Wealth, Credit Conditions and Consumption}, - institution = {Centre for the Study of African Economies, Oxford University}, - year = {2006}, - type = {working paper}, - number = {9}, - month = {June}, -} - -@Article{arrowGrowth, - author = {Arrow, Kenneth J.}, - title = {The Economic Implications of Learning by Doing}, - journal = {Review of Economic Studies}, - year = {1962}, - volume = {29}, - number = {3}, - pages = {155--173}, - month = {June}, - bdsk-url-1 = {http://links.jstor.org/sici?sici=0034-6527%28196206%2929%3A3%3C155%3ATEIOLB%3E2.0.CO%3B2-%23}, - citeulike-article-id = {681}, - keywords = {doing learning}, - url = {http://links.jstor.org/sici?sici=0034-6527%28196206%2929%3A3%3C155%3ATEIOLB%3E2.0.CO%3B2-%23}, -} - -@Article{Bacchetta1997, - author = {Philippe Bacchetta and Stefan Gerlach}, - title = {Consumption and Credit Constraints: International Evidence}, - journal = {Journal of Monetary Economics}, - year = {1997}, - volume = {40}, - pages = {207--238}, -} - -@Article{baiPanel, - author = {Bai, Jushan}, - title = {Estimating Cross-section Common Stochastic Trends in Nonstationary Panel Data}, - journal = {Journal of Econometrics}, - year = {2004}, - volume = {122}, - pages = {137--183}, -} - -@Article{baiFactors, - author = {Bai, Jushan}, - title = {Inferential Theory for Factor Models of Large Dimensions}, - journal = {Econometrica}, - year = {2003}, - volume = {71}, - pages = {135--171}, -} - -@Article{Bai2002, - author = {Jushan Bai and Serena Ng}, - title = {Determining the Number of Factors in Approximate Factor Models}, - journal = {Econometrica}, - year = {2002}, - volume = {70}, - pages = {191--221}, -} - -@InCollection{ball:sacrifice, - author = {Ball, Laurence}, - title = {What Determines the Sacrifice Ratio?}, - booktitle = {Monetary Policy}, - publisher = {University of Chicago Press}, - year = {1994)}, - editor = {Mankiw, N. Gregory}, - chapter = {5}, - address = {(Chicago:}, -} - -@Article{batchelorInflation, - author = {Ray Batchelor and A. Orr}, - title = {Inflation Expectations Revisited}, - journal = {Economica}, - year = {1988}, - volume = {55}, - pages = {17--31}, -} - -@Article{bkBootstrap, - author = {Jeremy Berkowitz and Lutz Kilian}, - title = {Recent Developments in Bootstrapping Time Series}, - journal = {Econometric Reviews}, - year = {2000}, - volume = {19}, - pages = {1--48}, -} - -@Article{bbDataRich, - author = {Bernanke, Ben and Boivin, Jean}, - title = {Monetary Policy in a Data-Rich Environment}, - journal = {Journal of Monetary Economics}, - year = {2003}, - volume = {50}, - pages = {525--546}, -} - -@TechReport{ber02, - author = {Carol Bertaut}, - title = {Equity Prices, Household Wealth, and Consumption Growth in Foreign Industrial Countries: Wealth Effects in the 1990s}, - institution = {Federal Reserve Board}, - year = {2002}, - type = {IFDP working paper}, - number = {724}, -} - -@Article{bnMoreBetter, - author = {Boivin, Jean and Ng, Serena}, - title = {Are More Data Always Better for Factor Analysis?}, - journal = {Journal of Econometrics}, - year = {2005}, - volume = ..., - pages = {...}, -} - -@Article{bxTayVsCay, - author = {Michael J. Brennan and Y. Xia}, - title = {Tay's as Good as Cay}, - journal = {Finance Research Letters}, - year = {2005}, - volume = {2}, - pages = {1--14}, - note = {\url{http://dx.doi.org/10.1016/j.frl.2004.10.001}}, - doi = {doi:10.1016/j.frl.2004.10.001}, - file = {/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bxTayVsCay.pdf:/Volumes/Sync/Dropbox/Bib/Raw/ByCiteKey/bxTayVsCay.pdf:PDF}, - url = {http://dx.doi.org/10.1016/j.frl.2004.10.001}, -} - -@Article{browningCollado:AntIncChanges, - author = {Browning, Martin and Collado, M. Dolores}, - title = {The Response of Expenditures to Anticipated Income Changes: Panel Data Estimates}, - journal = {American Economic Review}, - year = {2001}, - volume = {91}, - number = {3}, - pages = {681--692}, - month = aug, -} - -@Article{bd03, - author = {Joseph P. Byrne and E. Phillip Davis}, - title = {Disaggregate Wealth and Aggregate Consumption: An Investigation of Empirical Relationships for the G7}, - journal = {Oxford Bulletin of Economics and Statistics}, - year = {2003}, - volume = {65}, - number = {2}, - pages = {197--220}, - month = {05}, -} - -@Article{cc07_microWealthE, - author = {John Y. Campbell and {Jo\~ao} F. Cocco}, - title = {How Do House Prices Affect Consumption? Evidence from Micro Data}, - journal = {Journal of Monetary Economics}, - year = {2007}, - volume = {54}, - number = {3}, - pages = {591--621}, - note = {forthcoming}, -} - -@Article{Carlson1975, - author = {J. Carlson and M. Parkin}, - title = {Inflation Expectations}, - journal = {Economica}, - year = {1975}, - volume = {42}, - pages = {123--137}, -} - -@Article{2PeriodLCModel, - author = {Carroll, Christopher D.}, - title = {The Random Walk Model of Consumption}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/2PeriodLCModel% .pdf}, - year = {2006}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/2PeriodLCModel.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/2PeriodLCModel.pdf}, -} - -@Article{BufferStockAgeProfiles, - author = {Carroll, Christopher D.}, - title = {BufferStockAgeProfiles}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/BufferStockAge% Profiles.pdf}, - year = {2006}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/BufferStockAgeProfiles.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/ - consumption/BufferStockAgeProfiles.pdf}, -} - -@Article{EpiOfC, - author = {Carroll, Christopher D.}, - title = {Sticky Expectations and Consumption Dynamics}, - journal = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/EpiOfC.pdf}, - year = {2006}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/EpiOfC.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/lecturenotes/consumption/EpiOfC.pdf}, -} - -@Article{carroll:epidemicInflQJE, - author = {Carroll, Christopher D.}, - title = {{M}acroeconomic {E}xpectations of {H}ouseholds and {P}rofessional {F}orecasters}, - journal = {Quarterly Journal of Economics}, - year = {2003}, - volume = {118}, - number = {1}, - pages = {269--298}, - note = {\href{https://www.econ2.jhu.edu/people/ccarroll/epidemiologyQJE.pdf}{[PDF]},\href{https://www.econ2.jhu.edu/people/ccarroll/Epidemiology.zip}{[Code]}}, - url = {https://www.econ2.jhu.edu/people/ccarroll/epidemiologyQJE.pdf}, -} - -@Article{carroll:epidemicinfljhu, - author = {Carroll, Christopher D.}, - title = {The Epidemiology of Macroeconomic Expectations}, - journal = {Johns Hopkins University Economics Department Working Paper Number 462}, - year = {2002}, - month = {December}, -} - -@Article{carrollRequiem, - author = {Carroll, Christopher D.}, - title = {Requiem for the Representative Consumer? Aggregate Implications of Microeconomic Consumption Behavior}, - journal = {American Economic Review}, - year = {2000}, - volume = {90}, - number = {2}, - pages = {110--115}, - month = {May}, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}, -} - -@Article{carrollRequiemNoNotes, - author = {Carroll, Christopher D.}, - title = {Requiem for the Representative Consumer? Aggregate Implications of Microeconomic Consumption Behavior}, - journal = {American Economic Review}, - year = {2000}, - volume = {90}, - number = {2}, - pages = {110--115}, - month = {May}, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/RequiemFull.pdf}, -} - -@TechReport{cosHowLarge, - author = {Carroll, Christopher D. and Otsuka, Misuzu and Slacalek, Jiri}, - title = {How Large Is the Housing Wealth Effect? A New Approach}, - institution = {Johns Hopkins University}, - year = {2006}, - type = {Working Paper No. 535}, - number = {12746}, - address = {\href{http://www.econ.jhu.edu/pdf/papers/wp535carroll.pdf}{www.econ.jhu.edu/pdf/papers/wp535carroll.pdf}}, - month = {October}, -} - -@TechReport{cssIntlStickyCECB, - author = {Carroll, Christopher D. and Slacalek, Jiri and Sommer, Martin}, - title = {International evidence on sticky consumption growth}, - institution = {European Central Bank}, - year = {2008}, - type = {Working Paper Series}, - number = {886}, - month = Mar, - bdsk-url-1 = {http://ideas.repec.org/p/ecb/ecbwps/20080886.html}, - score = {80}, - url = {http://ideas.repec.org/p/ecb/ecbwps/20080886.html}, -} - -@Article{cstStickyC, - author = {Carroll, Christopher D. and Slacalek, Jiri and Tokuoka, Kiichi}, - title = {Sticky Expectations and Consumption Dynamics}, - journal = {Manuscript, Johns Hopkins University}, - year = {2011}, - note = {\url{http://llorracc.net/Hidden/Papers/cstStickyC}}, - bdsk-url-1 = {http://llorracc.net/Hidden/Papers/cstStickyC.pdf}, - url = {http://llorracc.net/Hidden/Papers/cstStickyC.pdf}, -} - -@Article{crFactor, - author = {Chamberlain, Gary and Rothschild, Michael}, - title = {Arbitrage Factor Stucture, and Mean--Variance Analysis of Large Asset Markets}, - journal = {Econometrica}, - year = {1983}, - pages = {1281--1304}, -} - -@Article{chPooling, - author = {Michael P. Clements and David F. Hendry}, - title = {Pooling of Forecasts}, - journal = {The Econometrics Journal}, - year = {2004}, - volume = {7(1)}, - pages = {1--31}, -} - -@Article{coccoPortfolioHousing, - author = {{Jo\~ao} F. Cocco}, - title = {Portfolio Choice in the Presence of Housing}, - journal = {Review of Financial Studies}, - year = {2005}, - volume = {18}, - pages = {535--567}, -} - -@Article{csInflation, - author = {Cogley, Timothy and Sargent, Thomas}, - title = {Evolving Post World War II US Inflation Dynamics}, - journal = {NBER Macroeconomics Annual}, - year = {2001}, - volume = {16}, - pages = {331--373}, -} - -@Article{croushore:introSPF, - author = {Croushore, Dean}, - title = {Introducing: The Survey of Professional Forecasters}, - journal = {Federal Reserve Bank of Philadelphia Business Review}, - year = {1993}, - volume = {November/December}, - pages = {3--15}, - month = {November/December}, -} - -@Article{ddfsSticky, - author = {J{\"}org D{\"}opke and Jonas Dovern and Ulrich Fritsche and Jiri Slacalek}, - title = {Sticky Information Phillips Curves: European Evidence}, - journal = {Journal of Money, Credit, and Banking}, - year = {2008}, - volume = {40}, - pages = {1513--1520}, -} - -@InProceedings{dsAssetBooms, - author = {Detken, Carsten and Smets, Frank}, - title = {Asset Price Booms and Monetary Policy}, - booktitle = {Macroeconomic Policies in the World Economy}, - year = {2004}, - editor = {Siebert, Horst}, - pages = {189--227}, - publisher = {Springer}, -} - -@Article{dhj:houseprices, - author = {Richard Disney and John Gathergood and Andrew Henley}, - title = {House Price Shocks, Negative Equity and Household Consumption in the United Kingdom}, - journal = {Journal of the European Economic Association}, - year = {2010}, - volume = {8}, - number = {6}, - pages = {1179--1207}, - month = {December}, - institution = {University of Nottingham}, -} - -@TechReport{dvornak&kohler:wealtheffects, - author = {Nikola Dvornak and Marion Kohler}, - title = {Housing Wealth, Stock Market Wealth and Consumption: A Panel Analysis for Australia}, - institution = {Reserve Bank of Australia}, - year = {2003}, - type = {Reserve Bank of Australia Discussion Paper}, - number = {23}, - month = Jul, -} - -@Article{engelhardtHandS, - author = {Gary V. Engelhardt}, - title = {House Prices and Home Owner Saving Behavior}, - journal = {Regional Science and Urban Economics}, - year = {1996}, - volume = {26}, - pages = {313--336}, -} - -@Article{fcHabits, - author = {Ferson, Wayne and Constantinides, George M.}, - title = {Habit Persistence and Durability in Aggregate Consumption}, - journal = {Journal of Financial Economics}, - year = {1991}, - volume = {29}, - number = {2}, - pages = {199--240}, -} - -@Article{Forni1998, - author = {Forni, Mario and Reichlin, Lucrezia}, - title = {Let's Get Real: A Dynamic Factor Analytical Approach to Disaggregated Business Cycle}, - journal = {Review of Economic Studies}, - year = {1998}, - volume = {65}, - pages = {453--474}, -} - -@TechReport{girouard&blondal:houseprices, - author = {Girouard, Nathalie and Bl{{\"}o}ndal, Sveinbj{{\"}o}rn}, - title = {House Price and Economic Activity}, - institution = {OECD Economics Department}, - year = {2001}, - type = {OECD Economics Department Working Paper}, - number = {279}, - month = Jan, -} - -@Book{ghjPortfolios, - title = {Household Portfolios}, - publisher = {MIT Press}, - year = {2001}, - author = {Guiso, Luigi and Haliassos, Michael and Jappelli, Tullio}, -} - -@Article{guvenen, - author = {Guvenen, Fatih}, - title = {An Empirical Investigation of Labor Income Processes}, - journal = {Review of Economic Dynamics}, - year = {2009}, - volume = {12}, - number = {1}, - pages = {58--79}, -} - -@Article{hlRiskSharing, - author = {Heaton, John and Lucas, Deborah J.}, - title = {Evaluating the Effects of Incomplete Markets on Risk Sharing and Asset Pricing}, - journal = {Journal of Political Economy}, - year = {1996}, - volume = {104}, - pages = {443--487}, -} - -@Article{Kaplan:2012hs, - author = {Kaplan, Greg}, - title = {{Inequality and the life cycle}}, - journal = {Quantitative Economics}, - year = {2012}, - volume = {3}, - number = {3}, - pages = {471--525}, - month = nov, - date-added = {2013-04-07T22:40:17GMT+00:00}, - date-modified = {2013-04-07T23:27:49GMT+00:00}, - doi = {10.3982/QE200}, - file = {{Quantitative_Economics_2012_Kaplan.pdf:/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Kaplan/Quantitative_Economics_2012_Kaplan.pdf:application/pdf}}, - language = {English}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2012/Kaplan/Quantitative_Economics_2012_Kaplan.pdf}, - publisher = {Wiley Online Library}, - rating = {0}, - read = {Yes}, - uri = {\url{papers2://publication/doi/10.3982/QE200}}, - url = {http://doi.wiley.com/10.3982/QE200}, -} - -@Article{kennickell, - author = {Kennickell, Arthur B.}, - title = {Saving and Permanent Income: Evidence from the 1992 SCF}, - journal = {Board of Governors of the Federal Reserve System}, - year = {1995}, -} - -@Article{Levin2001, - author = {Laurence Levin}, - title = {Are Assets Fungible? Testing the Behavioral Theory of Life Cycle Saving}, - journal = {Journal of Economic Behavior and Organization}, - year = {2001}, - volume = {36}, - pages = {59--83}, -} - -@Article{lev02, - author = {Levine, Ross}, - title = {Bank-Based or Market-Based Financial Systems: Which Is Better?}, - journal = {Journal of Financial Intermediation}, - year = {2002}, - volume = {11}, - pages = {1--30}, -} - -@Article{lucas:imperfectInfo, - author = {Lucas, Robert E.}, - title = {Some International Evidence on Output-Inflation Tradeoffs}, - journal = {American Economic Review}, - year = {1973}, - volume = {63}, - number = {3}, - pages = {326--334}, - month = {June}, -} - -@TechReport{ls02, - author = {Ludwig, Alexander and {Sl{\o}k}, Torsten}, - title = {The Impact of Changes in Stock Prices and House Prices on Consumption in OECD Countries}, - institution = {International Monetary Fund}, - year = {2002}, - type = {IMF woking paper}, - number = {1}, -} - -@Article{lusardi, - author = {Lusardi, Annamaria}, - title = {Permanent Income, Current Income, and Consumption: Evidence from Two Panel Data Sets}, - journal = {Journal of Business and Economic Statistics}, - year = {1996}, - volume = {14}, - number = {1}, - pages = {81--90}, - month = {January}, -} - -@Article{mankiwEtAl03, - author = {N. Gregory Mankiw and Ricardo Reis and Justin Wolfers}, - title = {Disagreement on Inflation Expectations}, - journal = {NBER Macroeconomics Annual}, - year = {2003}, - pages = {209--248}, -} - -@Article{prescott, - author = {Prescott, Edward C.}, - title = {Theory Ahead of Business Cycle Measurement}, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = {1986}, - volume = {25}, - pages = {11--44}, - note = {\url{http://ideas.repec.org/p/fip/fedmsr/102.html}}, - bdsk-url-1 = {http://ideas.repec.org/p/fip/fedmsr/102.html}, - url = {http://ideas.repec.org/p/fip/fedmsr/102.html}, -} - -@Article{prescottTheoryAhead, - author = {Prescott, Edward C.}, - title = {Theory Ahead of Business Cycle Measurement}, - journal = {Carnegie-Rochester Conference Series on Public Policy}, - year = 1986, - volume = 25, - pages = {11--44}, - note = {\url{http://ideas.repec.org/p/fip/fedmsr/102.html}}, - bdsk-url-1 = {http://ideas.repec.org/p/fip/fedmsr/102.html}, - url = {http://ideas.repec.org/p/fip/fedmsr/102.html}, -} - -@Article{reis:inpro, - author = {Ricardo Reis}, - title = {Inattentive Producers}, - journal = {Review of Economic Studies}, - year = {2006}, - volume = {73}, - number = {3}, - pages = {793--821}, -} - -@Article{reisInattentiveC, - author = {Reis, Ricardo}, - title = {Inattentive Consumers}, - journal = {Journal of Monetary Economics}, - year = {2006}, - volume = {53}, - number = {8}, - pages = {1761--1800}, - month = {November}, - bdsk-url-1 = {http://ideas.repec.org/a/eee/moneco/v53y2006i8p1761-1800.html}, - publisher = {Elsevier}, - url = {http://ideas.repec.org/a/eee/moneco/v53y2006i8p1761-1800.html}, -} - -@Article{frederickLoewensteinODonogue:discountReview, - author = {Shane Frederick and George Loewenstein and Ted {O'Donogue}}, - title = {Time Discounting and Time Preference: A Critical Review}, - journal = {Journal of Economic Literature}, - year = {2002}, - volume = {XL}, - number = {2}, - pages = {351--401}, - issn = {00220515}, - publisher = {American Economic Association}, - url = {http://www.jstor.org/stable/2698382}, -} - -@Book{lsamuelsonEvolutionary, - title = {Evolutionary Games and Equilibrium Selection}, - publisher = {Princeton University Press}, - year = {1997}, - author = {Samuelson, Larry}, - address = {Cambridge}, -} - -@Article{samuelsonOLG, - author = {Samuelson, Paul A.}, - title = {An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money}, - journal = {Journal of Political Economy}, - year = {1958}, - volume = {66}, - number = {6}, - pages = {467--482}, - issn = {00223808, 1537534X}, - publisher = {University of Chicago Press}, - url = {http://www.jstor.org/stable/1826989}, -} - -@Book{shillerIEed2, - title = {Irrational Exuberance}, - publisher = {Princeton University Press}, - year = {2005}, - author = {Shiller, Robert J.}, - edition = {2}, - month = {March}, - date = {2005}, -} - -@Article{SongStorenslettenZilibotti11, - author = {Song, Zheng and Storesletten, Kjetil and Zilibotti, Fabrizio}, - title = {Growing Like China}, - journal = {The American Economic Review}, - year = {2011}, - volume = {101}, - number = {1}, - pages = {196--233}, -} - -@InProceedings{swIntlBusCyca, - author = {James H. Stock and Mark W. Watson}, - title = {Forecasting with Many Predictors}, - booktitle = {The Handbook of Economic Forecasting}, - year = {2005}, - editor = {Graham Elliott and Clive Granger and Allan Timmermann}, - publisher = {Elsevier/North Holland}, -} - -@Article{Wilcox:92, - author = {Wilcox, David W.}, - title = {The Construction of U.S. Consumption Data: Some Facts and Their Implications for Empirical Work}, - journal = {The American Economic Review}, - year = {1992}, - volume = {82}, - number = {4}, - pages = {922--941}, - month = {September}, -} - -@Article{jwilliamsonKorea, - author = {Williamson, Jeffrey G.}, - title = {Why Do {K}oreans Save 'So Little'?}, - journal = {Journal of Development Economics}, - year = {1979}, - volume = {6}, - pages = {343--362}, - month = {September}, -} - -@InCollection{carroll:richsave, - author = {Carroll, Christopher D.}, - title = {{W}hy {D}o the {R}ich {S}ave {S}o {M}uch?}, - booktitle = {{D}oes {A}tlas {S}hrug? {T}he {E}conomic {C}onsequences of {T}axing the {R}ich}, - publisher = {Harvard University Press}, - year = {2000}, - editor = {Slemrod, Joel B.}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/Why.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/Why.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/Why.pdf}, -} - -@Article{summers&carroll:brookings, - author = {Summers, Lawrence H. and Carroll, Christopher D.}, - title = {Why is U.S.\ National Saving So Low?}, - journal = {Brookings Papers on Economic Activity}, - year = {1987}, - volume = {1987}, - number = {2}, - pages = {607--636}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}, - url = {https://www.econ2.jhu.edu/people/ccarroll/NatSavSoLow.pdf}, -} - -@InProceedings{mbUtility, - author = {Modigliani, Franco and Brumberg, Richard}, - title = {Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data}, - booktitle = {Post-Keynesian Economics}, - year = {1954}, - editor = {Kurihara, Kenneth K.}, - address = {New Brunswick, NJ}, - publisher = {Rutgers University Press}, -} - -@Article{cstKS, - author = {Carroll, Christopher D and Slacalek, Jiri and Tokuoka, Kiichi}, - title = {Buffer-Stock Saving in a Krusell--Smith World}, - journal = {Economics Letters}, - year = {2015}, - volume = {132}, - pages = {97--100}, - note = {At \url{https://www.econ2.jhu.edu/people/ccarroll/papers/cstKS/}; extended version available as ECB Working Paper number 1633, \url{https://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp1633.pdf}}, - doi = {doi:10.1016/j.econlet.2015.04.021}, - publisher = {Elsevier}, - url = {https://www.econ2.jhu.edu/people/ccarroll/papers/cstKS/}, -} - -@Article{carrollEGM, - author = {Carroll, Christopher D.}, - title = {The {M}ethod of {E}ndogenous {G}ridpoints for {S}olving {D}ynamic {S}tochastic {O}ptimization {P}roblems}, - journal = {Economics Letters}, - year = {2006}, - volume = {91}, - number = {3}, - pages = {312--320}, - month = {September}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/EndogenousGridpoints.pdf}}, - bdsk-url-1 = {https://www.econ2.jhu.edu/people/ccarroll/EndogenousArchive.zip}, - bdsk-url-2 = {http://dx.doi.org/10.1016/j.econlet.2005.09.013}, - doi = {10.1016/j.econlet.2005.09.013}, - url = {https://www.econ2.jhu.edu/people/ccarroll/EndogenousArchive.zip}, -} - -@Book{deatonUnderstandingCNotes, - title = {{U}nderstanding {C}onsumption}, - publisher = {Oxford University Press}, - year = {1992}, - author = {Deaton, Angus S.}, - address = {New York}, -} - -@Book{deatonUnderstandingC, - title = {{U}nderstanding {C}onsumption}, - publisher = {Oxford University Press}, - year = {1992}, - author = {Deaton, Angus S.}, - address = {New York}, -} - -@TechReport{bgpHousing, - author = {Bostic, Raphael and Gabriel, Stuart and Painter, Gary}, - title = {Housing Wealth, Financial Wealth, and Consumption: New Evidence from Micro Data}, - institution = {University of Southern California}, - year = {2005}, - type = {working paper}, - month = {December}, -} - -@Article{aw95, - author = {Orazio Attanasio and Guglielmo Weber}, - title = {Is Consumption Growth Consistent with Intertemporal Optimization? Evidence from the Consumer Expenditure Survey}, - journal = {Journal of Political Economy}, - year = {1995}, - volume = {103}, - number = {6}, - pages = {1121-57}, - month = {December}, -} - -@Article{ersAutoregressive, - author = {Graham Elliott and Thomas J. Rothenberg and James H. Stock}, - title = {Efficient Tests for an Autoregressive Root}, - journal = {Econometrica}, - year = {1996}, - volume = {64}, - number = {4}, - pages = {813--836}, - month = {July}, -} - -@Article{greenCalifornia, - author = {Richard K. Green}, - title = {Stock Prices and House Prices in California: New Evidence of a Wealth Effect}, - journal = {Regional Science and Urban Economics}, - year = {2002}, - volume = {32}, - pages = {775--783}, -} - -@Article{glAssetPricing, - author = {Grossman, Sanford J. and Laroque, Guy S.}, - title = {Asset Pricing and Optimal Portfolio Choice in the Presence of Illiquid Durable Consumption Goods}, - journal = {Econometrica}, - year = {1990}, - volume = {58}, - number = {1}, - pages = {25--51}, -} - -@Article{inSpillovers, - author = {Iacoviello, Matteo and Neri, Stefano}, - title = {Housing Market Spillovers: Evidence from an Estimated DSGE Model}, - journal = {AEJ Macro}, - year = {2010}, - pages = {forthcoming}, - note = {forthcoming}, - institution = {Boston College, Department of Economics}, - type = {working paper}, -} - -@Article{ssModeration, - author = {Sabelhaus, John and Song, Jae}, - title = {The Great Moderation in Micro Labor Earnings}, - journal = {Journal of Monetary Economics}, - year = {2010}, - volume = {57}, - number = {4}, - pages = {391--403}, - month = {May}, - note = {\url{http://ideas.repec.org/a/eee/moneco/v57y2010i4p391-403.html}}, - abstract = {Between 1980 and the early 1990s the variability of - labor earnings growth rates across the prime-age - working population fell significantly. This decline - and timing are consistent with other macro and micro - observations about growth variability that are - collectively referred to as the \"Great - Moderation.\" The variability of earnings - growth is negatively correlated with age at any - point in time, and the U.S. working age population - got older during this period because the Baby Boom - was aging. However, the decrease in variability was - roughly uniform across all age groups, so population - aging is not the source of the overall decline. The - variance of log changes also declined at multi-year - frequencies in such a way as to suggest that both - permanent and transitory components of earnings - shocks became more moderate. A simple identification - strategy for separating age and cohort effects shows - a very intuitive pattern of permanent and transitory - shocks over the life cycle, and confirms that a - shift over time in the stochastic process occurred - even after controlling for age effects.}, - date-added = {2013-04-07T22:40:16GMT+00:00}, - date-modified = {2013-04-07T23:27:49GMT+00:00}, - doi = {10.1016/j.jmoneco.2010.04.003}, - file = {ssModeration.pdf:ssModeration.pdf:PDF}, - keywords = { Labor earnings Earnings volatility Great moderation}, - language = {English}, - local-url = {file://localhost/Volumes/Sync/Dropbox/Bib/Papers2/Special-Projects/BPEA-Inequality/Papers2/Articles/2010/Sabelhaus/Journal_of_Monetary_Economics_2010_Sabelhaus.pdf}, - rating = {0}, - uri = {\url{papers2://publication/doi/10.1016/j.jmoneco.2010.04.003}}, - url = {http://ideas.repec.org/a/eee/moneco/v57y2010i4p391-403.html}, -} - -@Article{deatonLiqConstr, - author = {Deaton, Angus S.}, - title = {Saving and Liquidity Constraints}, - journal = {Econometrica}, - year = {1991}, - volume = {59}, - pages = {1221-1248}, - note = {\url{http://www.jstor.org/stable/2938366}}, - bdsk-url-1 = {http://ideas.repec.org/a/ecm/emetrp/v59y1991i5p1221-48.html}, - file = {deatonLiqConstr.pdf:deatonLiqConstr.pdf:PDF}, - owner = {Nic Johnson}, - url = {http://www.jstor.org/stable/2938366}, -} - -@Article{cagettiWprofiles, - author = {Marco Cagetti}, - title = {Wealth Accumulation Over the Life Cycle and Precautionary Savings}, - journal = {Journal of Business and Economic Statistics}, - year = {2003}, - volume = {21}, - number = {3}, - pages = {339--353}, -} - -@Article{Cagetti, - author = {Marco Cagetti}, - title = {Wealth Accumulation Over the Life Cycle and Precautionary Savings}, - journal = {Journal of Business and Economic Statistics}, - year = {2003}, - volume = {21}, - number = {3}, - pages = {339--353}, -} - -@Article{pikettySaez:incomeIneq_qje03, - author = {Thomas Piketty and Emmanuel Saez}, - title = {Income Ineuality in the United States, 1913--1998}, - journal = {Quarterly Journal of Economics}, - year = {2003}, - volume = {118}, - number = {1}, - pages = {1--39}, - month = {February}, -} - - -@Article{demyanykEtAl_JoF07_deregulation, - author = {Yuliya Demyanyk and Charlotte Ostergaard and Bent E. S{\o}rensen}, - title = {U.S. Banking Deregulation, Small Businesses, and Interstate Insurance of Personal Income}, - journal = {Journal of Finance}, - year = {2007}, - volume = {62}, - number = {6}, - pages = {2763--2801}, - month = {December}, - abstract = { We estimate the effects of deregulation of U.S. banking restrictions on interstate personal income insurance for the period 1970 to 2001. Interstate income insurance occurs when personal income reacts less than one-to-one to state-specific output shocks. We find that insurance improved after banking deregulation, with a larger effect in states where small businesses are more important and on proprietors' income than on other components of personal income. Our explanation centers on the role of banks as a prime source of small business finance and on the close intertwining of the personal and business finances of small business owners. Copyright 2007 by The American Finance Association.}, - url = {https://ideas.repec.org/a/bla/jfinan/v62y2007i6p2763-2801.html}, -} - -@Article{carroll:brookings, - author = {Carroll, Christopher D.}, - title = {The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence}, - journal = {Brookings Papers on Economic Activity}, - year = {1992}, - volume = {1992}, - number = {2}, - pages = {61--156}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}}, - score = {30}, - url = {https://www.econ2.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}, -} - -@Article{carrollBrookings, - author = {Carroll, Christopher D.}, - title = {The Buffer-Stock Theory of Saving: Some Macroeconomic Evidence}, - journal = {Brookings Papers on Economic Activity}, - year = {1992}, - volume = {1992}, - number = {2}, - pages = {61--156}, - note = {\url{https://www.econ2.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}}, - score = {30}, - url = {https://www.econ2.jhu.edu/people/ccarroll/BufferStockBPEA.pdf}, -} - -@Comment{jabref-meta: databaseType:bibtex;} - -@Comment{jabref-meta: grouping: -0 AllEntriesGroup:; -1 KeywordGroup:Norman\;0\;author\;Norman\;1\;1\;1\;\;\;\;; -2 KeywordGroup:C\;1\;author\;C. | Catherine\;1\;1\;1\;\;\;\;; -1 StaticGroup:Automatically created groups\;2\;1\;\;\;\;; -2 KeywordGroup:Abdelkhalek\;0\;author\;Abdelkhalek\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Abel\;0\;author\;Abel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Abowd\;0\;author\;Abowd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Acemoglu\;0\;author\;Acemoglu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Adamchik\;0\;author\;Adamchik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Adda\;0\;author\;Adda\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Agarwal\;0\;author\;Agarwal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ager\;0\;author\;Ager\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aguiar\;0\;author\;Aguiar\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ahnert\;0\;author\;Ahnert\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aiyagari\;0\;author\;Aiyagari\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Akerlof\;0\;author\;Akerlof\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Alesina\;0\;author\;Alesina\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Alessie\;0\;author\;Alessie\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Algan\;0\;author\;Algan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Allais\;0\;author\;Allais\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Allen\;0\;author\;Allen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Altissimo\;0\;author\;Altissimo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Altonji\;0\;author\;Altonji\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Amihud\;0\;author\;Amihud\;0\;0\;1\;\;\;\;; -2 KeywordGroup:An\;0\;author\;An\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Andersen\;0\;author\;Andersen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ando\;0\;author\;Ando\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Andre\;0\;author\;Andre\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Andres\;0\;author\;Andres\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Andrews\;0\;author\;Andrews\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ang\;0\;author\;Ang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Angeletos\;0\;author\;Angeletos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Angrist\;0\;author\;Angrist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ansley\;0\;author\;Ansley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Antoniewicz\;0\;author\;Antoniewicz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arbatli\;0\;author\;Arbatli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arifovic\;0\;author\;Arifovic\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aristotle\;0\;author\;Aristotle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arnold\;0\;author\;Arnold\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arnone\;0\;author\;Arnone\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aron\;0\;author\;Aron\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arrow\;0\;author\;Arrow\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Arthur\;0\;author\;Arthur\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Aruoba\;0\;author\;Aruoba\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Asdrubali\;0\;author\;Asdrubali\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Athanasoulis\;0\;author\;Athanasoulis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Atkeson\;0\;author\;Atkeson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Atkins\;0\;author\;Atkins\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Attanasio\;0\;author\;Attanasio\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Auerbach\;0\;author\;Auerbach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Auten\;0\;author\;Auten\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ayigari\;0\;author\;Ayigari\;0\;0\;1\;\;\;\;; -2 KeywordGroup:B'enabou\;0\;author\;B'enabou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bacchetta\;0\;author\;Bacchetta\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Backus\;0\;author\;Backus\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bagwell\;0\;author\;Bagwell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bai\;0\;author\;Bai\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Baily\;0\;author\;Baily\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Baker\;0\;author\;Baker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bakshi\;0\;author\;Bakshi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ball\;0\;author\;Ball\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Baltagi\;0\;author\;Baltagi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Banks\;0\;author\;Banks\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bar-Ilan\;0\;author\;Bar-Ilan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barata\;0\;author\;Barata\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barbera\;0\;author\;Barbera\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barczi\;0\;author\;Barczi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barro\;0\;author\;Barro\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Barsky\;0\;author\;Barsky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bartlett\;0\;author\;Bartlett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Basu\;0\;author\;Basu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Batchelor\;0\;author\;Batchelor\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Battistin\;0\;author\;Battistin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Battycharya\;0\;author\;Battycharya\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Baxter\;0\;author\;Baxter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bayoumi\;0\;author\;Bayoumi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Beauchamp\;0\;author\;Beauchamp\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Beck\;0\;author\;Beck\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Becker\;0\;author\;Becker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bedi\;0\;author\;Bedi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Beechey\;0\;author\;Beechey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bekaert\;0\;author\;Bekaert\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ben Porath\;0\;author\;Ben Porath\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Benjamin\;0\;author\;Benjamin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Berk\;0\;author\;Berk\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Berkowitz\;0\;author\;Berkowitz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bernanke\;0\;author\;Bernanke\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bernheim\;0\;author\;Bernheim\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bertaut\;0\;author\;Bertaut\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bertola\;0\;author\;Bertola\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Besley\;0\;author\;Besley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bewley\;0\;author\;Bewley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bikhchandani\;0\;author\;Bikhchandani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bilas\;0\;author\;Bilas\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Billingsley\;0\;author\;Billingsley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bils\;0\;author\;Bils\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Binmore\;0\;author\;Binmore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blake\;0\;author\;Blake\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blanchard\;0\;author\;Blanchard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blanchflower\;0\;author\;Blanchflower\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blau\;0\;author\;Blau\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blinder\;0\;author\;Blinder\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blomberg\;0\;author\;Blomberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bloom\;0\;author\;Bloom\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blow\;0\;author\;Blow\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Blundell\;0\;author\;Blundell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bl{{"}o}ndal\;0\;author\;Bl{{"}o}ndal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bl{{"}}ondal\;0\;author\;Bl{"}ondal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bodkin\;0\;author\;Bodkin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Boivin\;0\;author\;Boivin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Boldrin\;0\;author\;Boldrin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bond\;0\;author\;Bond\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bonin\;0\;author\;Bonin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Boone\;0\;author\;Boone\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Booth\;0\;author\;Booth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Borio\;0\;author\;Borio\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bostic\;0\;author\;Bostic\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bosworth\;0\;author\;Bosworth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bouchard\;0\;author\;Bouchard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bound\;0\;author\;Bound\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bowman\;0\;author\;Bowman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Boyd\;0\;author\;Boyd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brady\;0\;author\;Brady\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bram\;0\;author\;Bram\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Branch\;0\;author\;Branch\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Braun\;0\;author\;Braun\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brav\;0\;author\;Brav\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brayton\;0\;author\;Brayton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brennan\;0\;author\;Brennan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bricker\;0\;author\;Bricker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brock\;0\;author\;Brock\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Broda\;0\;author\;Broda\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brown\;0\;author\;Brown\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Browning\;0\;author\;Browning\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brownlee\;0\;author\;Brownlee\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Brumberg\;0\;author\;Brumberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bryan\;0\;author\;Bryan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Buckley\;0\;author\;Buckley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bucks\;0\;author\;Bucks\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bull\;0\;author\;Bull\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Bullard\;0\;author\;Bullard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Burtless\;0\;author\;Burtless\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Buyze\;0\;author\;Buyze\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Byrne\;0\;author\;Byrne\;0\;0\;1\;\;\;\;; -2 KeywordGroup:B{"}orsch-Supan\;0\;author\;B{"}orsch-Supan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Caballero\;0\;author\;Caballero\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cagetti\;0\;author\;Cagetti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cai\;0\;author\;Cai\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Callen\;0\;author\;Callen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Calomiris\;0\;author\;Calomiris\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Calvo\;0\;author\;Calvo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Campbell\;0\;author\;Campbell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Canner\;0\;author\;Canner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Canning\;0\;author\;Canning\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Capistr'an\;0\;author\;Capistr'an\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Capli\;0\;author\;Capli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Caplin\;0\;author\;Caplin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Card\;0\;author\;Card\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cardarelli\;0\;author\;Cardarelli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Carlson\;0\;author\;Carlson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Carrasco\;0\;author\;Carrasco\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Carrington\;0\;author\;Carrington\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Carroll\;0\;author\;Carroll\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Case\;0\;author\;Case\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cass\;0\;author\;Cass\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cassou\;0\;author\;Cassou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Castaneda\;0\;author\;Castaneda\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Catte\;0\;author\;Catte\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cavanagh\;0\;author\;Cavanagh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cecchetti\;0\;author\;Cecchetti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cechetti\;0\;author\;Cechetti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cesarini\;0\;author\;Cesarini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chamberlain\;0\;author\;Chamberlain\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chamon\;0\;author\;Chamon\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chari\;0\;author\;Chari\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chase\;0\;author\;Chase\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chen\;0\;author\;Chen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chetty\;0\;author\;Chetty\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chiao\;0\;author\;Chiao\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chinloy\;0\;author\;Chinloy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chinn\;0\;author\;Chinn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Chodorow-Reich\;0\;author\;Chodorow-Reich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Christiano\;0\;author\;Christiano\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ciccone\;0\;author\;Ciccone\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Clarida\;0\;author\;Clarida\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Clark\;0\;author\;Clark\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Clements\;0\;author\;Clements\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cocco\;0\;author\;Cocco\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cochrane\;0\;author\;Cochrane\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cogley\;0\;author\;Cogley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cohen\;0\;author\;Cohen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Coibion\;0\;author\;Coibion\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cole\;0\;author\;Cole\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Coleman\;0\;author\;Coleman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Collado\;0\;author\;Collado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Constantinides\;0\;author\;Constantinides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Constantinidies\;0\;author\;Constantinidies\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cooper\;0\;author\;Cooper\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Corneli\;0\;author\;Corneli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Coronado\;0\;author\;Coronado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Corrado\;0\;author\;Corrado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Coulibaly\;0\;author\;Coulibaly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Creal\;0\;author\;Creal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cronqvist\;0\;author\;Cronqvist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Crossley\;0\;author\;Crossley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Croushore\;0\;author\;Croushore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Crowe\;0\;author\;Crowe\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Crucini\;0\;author\;Crucini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cukierman\;0\;author\;Cukierman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cummins\;0\;author\;Cummins\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Curtin\;0\;author\;Curtin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Cutler\;0\;author\;Cutler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:DAVIDSON\;0\;author\;DAVIDSON\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dadayan\;0\;author\;Dadayan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dardanoni\;0\;author\;Dardanoni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Davey\;0\;author\;Davey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:David\;0\;author\;David\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Davis\;0\;author\;Davis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:DeLong\;0\;author\;DeLong\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Deacon\;0\;author\;Deacon\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Deaton\;0\;author\;Deaton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Debelle\;0\;author\;Debelle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dejuan\;0\;author\;Dejuan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dekle\;0\;author\;Dekle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Del Negro\;0\;author\;Del Negro\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Den Haan\;0\;author\;Den Haan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Department of Commerce\;0\;author\;Department of Commerce\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Detken\;0\;author\;Detken\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Devereux\;0\;author\;Devereux\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Diamond\;0\;author\;Diamond\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Diaz-Gimenez\;0\;author\;Diaz-Gimenez\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dickens\;0\;author\;Dickens\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Diebold\;0\;author\;Diebold\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Disney\;0\;author\;Disney\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dixit\;0\;author\;Dixit\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dodd\;0\;author\;Dodd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dohmen\;0\;author\;Dohmen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Donaldson\;0\;author\;Donaldson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Doornik\;0\;author\;Doornik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dotsey\;0\;author\;Dotsey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dovern\;0\;author\;Dovern\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Doyle\;0\;author\;Doyle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dr`eze\;0\;author\;Dr`eze\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dua\;0\;author\;Dua\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duca\;0\;author\;Duca\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duesenberry\;0\;author\;Duesenberry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duffy\;0\;author\;Duffy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duncan\;0\;author\;Duncan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dunn\;0\;author\;Dunn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Durdu\;0\;author\;Durdu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Duygan\;0\;author\;Duygan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dvornak\;0\;author\;Dvornak\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Dynan\;0\;author\;Dynan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:D{"}opke\;0\;author\;D{"}opke\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Easterlin\;0\;author\;Easterlin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Easterly\;0\;author\;Easterly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eberly\;0\;author\;Eberly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Economic Advisers\;0\;author\;Economic Advisers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Edelstein\;0\;author\;Edelstein\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Edison\;0\;author\;Edison\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Edward C. Prescott\;0\;author\;Edward C. Prescott\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Edwards\;0\;author\;Edwards\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eggertsson\;0\;author\;Eggertsson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ehrmann\;0\;author\;Ehrmann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eichenbaum\;0\;author\;Eichenbaum\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eichengreen\;0\;author\;Eichengreen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eijffinger\;0\;author\;Eijffinger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eissa\;0\;author\;Eissa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Eller\;0\;author\;Eller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Elliott\;0\;author\;Elliott\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ellison\;0\;author\;Ellison\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Elmendorf\;0\;author\;Elmendorf\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Els\;0\;author\;Els\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Engel\;0\;author\;Engel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Engelhardt\;0\;author\;Engelhardt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Engen\;0\;author\;Engen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Englund\;0\;author\;Englund\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Erceg\;0\;author\;Erceg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Erev\;0\;author\;Erev\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Escudero\;0\;author\;Escudero\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Euwals\;0\;author\;Euwals\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Evans\;0\;author\;Evans\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Falk\;0\;author\;Falk\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fama\;0\;author\;Fama\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Farhi\;0\;author\;Farhi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fat`as\;0\;author\;Fat`as\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Faust\;0\;author\;Faust\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fay\;0\;author\;Fay\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fazzari\;0\;author\;Fazzari\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Feldstein\;0\;author\;Feldstein\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fernandez-Corugedo\;0\;author\;Fernandez-Corugedo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ferrri\;0\;author\;Ferrri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ferson\;0\;author\;Ferson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fischer\;0\;author\;Fischer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fisher\;0\;author\;Fisher\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fitzgerald\;0\;author\;Fitzgerald\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Flavin\;0\;author\;Flavin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fleming\;0\;author\;Fleming\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Flemming\;0\;author\;Flemming\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Floetotto\;0\;author\;Floetotto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fogli\;0\;author\;Fogli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Foote\;0\;author\;Foote\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Forni\;0\;author\;Forni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Foundation\;0\;author\;Foundation\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Francis\;0\;author\;Francis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Frank\;0\;author\;Frank\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fratantoni\;0\;author\;Fratantoni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fratzscher\;0\;author\;Fratzscher\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Friedman\;0\;author\;Friedman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fritsche\;0\;author\;Fritsche\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fuchs-Sch{"u}ndeln\;0\;author\;Fuchs-Sch{"u}ndeln\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fuchs-Sch{"}undeln\;0\;author\;Fuchs-Sch{"}undeln\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fudenberg\;0\;author\;Fudenberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Fuhrer\;0\;author\;Fuhrer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Futia\;0\;author\;Futia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gabaix\;0\;author\;Gabaix\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gabriel\;0\;author\;Gabriel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gadzinski\;0\;author\;Gadzinski\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gakidis\;0\;author\;Gakidis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gal'{i}\;0\;author\;Gal'{i}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gale\;0\;author\;Gale\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gali\;0\;author\;Gali\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gapinsky\;0\;author\;Gapinsky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Garner\;0\;author\;Garner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Garrett\;0\;author\;Garrett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gathergood\;0\;author\;Gathergood\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gatti\;0\;author\;Gatti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gauger\;0\;author\;Gauger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gavin\;0\;author\;Gavin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Geczy\;0\;author\;Geczy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Geer\;0\;author\;Geer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Geiregat\;0\;author\;Geiregat\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gentry\;0\;author\;Gentry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Georgiou\;0\;author\;Georgiou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gerardi\;0\;author\;Gerardi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gerberding\;0\;author\;Gerberding\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gerlach\;0\;author\;Gerlach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gertler\;0\;author\;Gertler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ghosh\;0\;author\;Ghosh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Giannone\;0\;author\;Giannone\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gilchrist\;0\;author\;Gilchrist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Giordani\;0\;author\;Giordani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Giorno\;0\;author\;Giorno\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Girouard\;0\;author\;Girouard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Glaeser\;0\;author\;Glaeser\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Glick\;0\;author\;Glick\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gokhale\;0\;author\;Gokhale\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Golinelli\;0\;author\;Golinelli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gollier\;0\;author\;Gollier\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gomes\;0\;author\;Gomes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Goodman\;0\;author\;Goodman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gorman\;0\;author\;Gorman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gottschalk\;0\;author\;Gottschalk\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gourinchas\;0\;author\;Gourinchas\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Governors of the Federal Reserve System\;0\;author\;Governors of the Federal Reserve System\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Graham\;0\;author\;Graham\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Grant\;0\;author\;Grant\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Green\;0\;author\;Green\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Greene\;0\;author\;Greene\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Greenspan\;0\;author\;Greenspan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Grilli\;0\;author\;Grilli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Groen\;0\;author\;Groen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gross\;0\;author\;Gross\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Grossman\;0\;author\;Grossman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gruber\;0\;author\;Gruber\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Guariglia\;0\;author\;Guariglia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Guerrieri\;0\;author\;Guerrieri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Guiso\;0\;author\;Guiso\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gunderson\;0\;author\;Gunderson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Gurenko\;0\;author\;Gurenko\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Guvenen\;0\;author\;Guvenen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:G{"}urkaynak\;0\;author\;G{"}urkaynak\;0\;0\;1\;\;\;\;; -2 KeywordGroup:HENDRY\;0\;author\;HENDRY\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Haan\;0\;author\;Haan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hahn\;0\;author\;Hahn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hakkio\;0\;author\;Hakkio\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Haliassos\;0\;author\;Haliassos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hall\;0\;author\;Hall\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Haltiwanger\;0\;author\;Haltiwanger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ham\;0\;author\;Ham\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hamburg\;0\;author\;Hamburg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hamilton\;0\;author\;Hamilton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Handjiyska\;0\;author\;Handjiyska\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hansen\;0\;author\;Hansen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hardy\;0\;author\;Hardy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Harmgart\;0\;author\;Harmgart\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Harris\;0\;author\;Harris\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Harrison\;0\;author\;Harrison\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Harvey\;0\;author\;Harvey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hassett\;0\;author\;Hassett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Haughwout\;0\;author\;Haughwout\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hause\;0\;author\;Hause\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hausman\;0\;author\;Hausman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hausmann\;0\;author\;Hausmann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hayashi\;0\;author\;Hayashi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Heathcote\;0\;author\;Heathcote\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Heaton\;0\;author\;Heaton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Heckman\;0\;author\;Heckman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Helbling\;0\;author\;Helbling\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hendry\;0\;author\;Hendry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Henley\;0\;author\;Henley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hern`{a}ndez-Murillo\;0\;author\;Hern`{a}ndez-Murillo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hess\;0\;author\;Hess\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Heston\;0\;author\;Heston\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hill\;0\;author\;Hill\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Himmelberg\;0\;author\;Himmelberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hiraguchi\;0\;author\;Hiraguchi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hochgurtel\;0\;author\;Hochgurtel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hoffmann\;0\;author\;Hoffmann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Holland\;0\;author\;Holland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Holtz-Eakin\;0\;author\;Holtz-Eakin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Honkapohja\;0\;author\;Honkapohja\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hooper\;0\;author\;Hooper\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hopenhayn\;0\;author\;Hopenhayn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Horioka\;0\;author\;Horioka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Horowitz\;0\;author\;Horowitz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Horrigan\;0\;author\;Horrigan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:House\;0\;author\;House\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Houthakker\;0\;author\;Houthakker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Howrey\;0\;author\;Howrey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hoynes\;0\;author\;Hoynes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hryshko\;0\;author\;Hryshko\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hsieh\;0\;author\;Hsieh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hu\;0\;author\;Hu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hubbard\;0\;author\;Hubbard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Huffman\;0\;author\;Huffman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Huggett\;0\;author\;Huggett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hunt\;0\;author\;Hunt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hurd\;0\;author\;Hurd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hurst\;0\;author\;Hurst\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Hussey\;0\;author\;Hussey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Iacoviello\;0\;author\;Iacoviello\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ichino\;0\;author\;Ichino\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Idson\;0\;author\;Idson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Igan\;0\;author\;Igan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Im\;0\;author\;Im\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ioannides\;0\;author\;Ioannides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ireland\;0\;author\;Ireland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Irigoyen\;0\;author\;Irigoyen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Irish\;0\;author\;Irish\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Isiklar\;0\;author\;Isiklar\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ito\;0\;author\;Ito\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ittner\;0\;author\;Ittner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ivanova\;0\;author\;Ivanova\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ivo\;0\;author\;Ivo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jacobs\;0\;author\;Jacobs\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jaeger\;0\;author\;Jaeger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jagannathan\;0\;author\;Jagannathan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jaher\;0\;author\;Jaher\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jahoda\;0\;author\;Jahoda\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jaimovich\;0\;author\;Jaimovich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jansson\;0\;author\;Jansson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jappelli\;0\;author\;Jappelli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jeanne\;0\;author\;Jeanne\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jefferson\;0\;author\;Jefferson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jensen\;0\;author\;Jensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jermann\;0\;author\;Jermann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jevons\;0\;author\;Jevons\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Johannesson\;0\;author\;Johannesson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Johannsen\;0\;author\;Johannsen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Johnson\;0\;author\;Johnson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jolliffe\;0\;author\;Jolliffe\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jones\;0\;author\;Jones\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jorgenson\;0\;author\;Jorgenson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Joulfaian\;0\;author\;Joulfaian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Jud\;0\;author\;Jud\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Judd\;0\;author\;Judd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Juillard\;0\;author\;Juillard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Julliard\;0\;author\;Julliard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Juster\;0\;author\;Juster\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kahn\;0\;author\;Kahn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kahneman\;0\;author\;Kahneman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kalemli-Ozcan\;0\;author\;Kalemli-Ozcan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kallal\;0\;author\;Kallal\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kalyvitis\;0\;author\;Kalyvitis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kaplan\;0\;author\;Kaplan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kappler\;0\;author\;Kappler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kapteyn\;0\;author\;Kapteyn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Karoly\;0\;author\;Karoly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kasman\;0\;author\;Kasman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kasten\;0\;author\;Kasten\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kazarosian\;0\;author\;Kazarosian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Keen\;0\;author\;Keen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kehoe\;0\;author\;Kehoe\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Keller\;0\;author\;Keller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kelly\;0\;author\;Kelly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kennedy\;0\;author\;Kennedy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kennickell\;0\;author\;Kennickell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kermack\;0\;author\;Kermack\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Keynes\;0\;author\;Keynes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Khalifa\;0\;author\;Khalifa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Khan\;0\;author\;Khan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Khwaja\;0\;author\;Khwaja\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kiley\;0\;author\;Kiley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kilian\;0\;author\;Kilian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Killingsworth\;0\;author\;Killingsworth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kim\;0\;author\;Kim\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kimball\;0\;author\;Kimball\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kindleberger\;0\;author\;Kindleberger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:King\;0\;author\;King\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kirman\;0\;author\;Kirman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Klaau\;0\;author\;Klaau\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Klein\;0\;author\;Klein\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Klemm\;0\;author\;Klemm\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Klenow\;0\;author\;Klenow\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kleven\;0\;author\;Kleven\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kocherlakota\;0\;author\;Kocherlakota\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kohler\;0\;author\;Kohler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kohn\;0\;author\;Kohn\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kollmann\;0\;author\;Kollmann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Komunjer\;0\;author\;Komunjer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Koopman\;0\;author\;Koopman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Koopmans\;0\;author\;Koopmans\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kopczuk\;0\;author\;Kopczuk\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kopecky\;0\;author\;Kopecky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Korenok\;0\;author\;Korenok\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kotlikoff\;0\;author\;Kotlikoff\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krajcir\;0\;author\;Krajcir\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krane\;0\;author\;Krane\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krebs\;0\;author\;Krebs\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kreiner\;0\;author\;Kreiner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kreinin\;0\;author\;Kreinin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kremer\;0\;author\;Kremer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kreps\;0\;author\;Kreps\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krisch\;0\;author\;Krisch\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krueger\;0\;author\;Krueger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krugman\;0\;author\;Krugman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Krusell\;0\;author\;Krusell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kubota\;0\;author\;Kubota\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kuhnen\;0\;author\;Kuhnen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kuttner\;0\;author\;Kuttner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Kyland\;0\;author\;Kyland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:L'{o}pez-Salido\;0\;author\;L'{o}pez-Salido\;0\;0\;1\;\;\;\;; -2 KeywordGroup:L`opez-Salido\;0\;author\;L`opez-Salido\;0\;0\;1\;\;\;\;; -2 KeywordGroup:LaRoque\;0\;author\;LaRoque\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Labeaga\;0\;author\;Labeaga\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Labhard\;0\;author\;Labhard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Labonte\;0\;author\;Labonte\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laforte\;0\;author\;Laforte\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lahiri\;0\;author\;Lahiri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laibson\;0\;author\;Laibson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laitner\;0\;author\;Laitner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Landsberger\;0\;author\;Landsberger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lane\;0\;author\;Lane\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lansing\;0\;author\;Lansing\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laroque\;0\;author\;Laroque\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lau\;0\;author\;Lau\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laubach\;0\;author\;Laubach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Laurens\;0\;author\;Laurens\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lawrance\;0\;author\;Lawrance\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Le Blanc\;0\;author\;Le Blanc\;0\;0\;1\;\;\;\;; -2 KeywordGroup:LeBaron\;0\;author\;LeBaron\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lea\;0\;author\;Lea\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leahy\;0\;author\;Leahy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leape\;0\;author\;Leape\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lee\;0\;author\;Lee\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lehnert\;0\;author\;Lehnert\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leicester\;0\;author\;Leicester\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leigh\;0\;author\;Leigh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leland\;0\;author\;Leland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lelbang\;0\;author\;Lelbang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lettau\;0\;author\;Lettau\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Levin\;0\;author\;Levin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Levine\;0\;author\;Levine\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Leybourne\;0\;author\;Leybourne\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Li\;0\;author\;Li\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Light\;0\;author\;Light\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lillard\;0\;author\;Lillard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lindbeck\;0\;author\;Lindbeck\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lippi\;0\;author\;Lippi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Littlewood\;0\;author\;Littlewood\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Liu\;0\;author\;Liu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ljungqvist\;0\;author\;Ljungqvist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ljunqvist\;0\;author\;Ljunqvist\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Loayza\;0\;author\;Loayza\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Loehlin\;0\;author\;Loehlin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Loewenstein\;0\;author\;Loewenstein\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Longhofer\;0\;author\;Longhofer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lopez\;0\;author\;Lopez\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lopez-Salido\;0\;author\;Lopez-Salido\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lorenzoni\;0\;author\;Lorenzoni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Loungani\;0\;author\;Loungani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Low\;0\;author\;Low\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lucas\;0\;author\;Lucas\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ludovit\;0\;author\;Ludovit\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ludvigson\;0\;author\;Ludvigson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ludwig\;0\;author\;Ludwig\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Luegno-Prado\;0\;author\;Luegno-Prado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Luengo-Prado\;0\;author\;Luengo-Prado\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lum\;0\;author\;Lum\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lund\;0\;author\;Lund\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lupton\;0\;author\;Lupton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lusardi\;0\;author\;Lusardi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Lustig\;0\;author\;Lustig\;0\;0\;1\;\;\;\;; -2 KeywordGroup:L{"}unnemann\;0\;author\;L{"}unnemann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:L{"}utkepohl\;0\;author\;L{"}utkepohl\;0\;0\;1\;\;\;\;; -2 KeywordGroup:M'{e}litz\;0\;author\;M'{e}litz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:MaCurdy\;0\;author\;MaCurdy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ma'ckowiak\;0\;author\;Ma'ckowiak\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Macaulay\;0\;author\;Macaulay\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Maccini\;0\;author\;Maccini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mach\;0\;author\;Mach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Machin\;0\;author\;Machin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Macklem\;0\;author\;Macklem\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Madrian\;0\;author\;Madrian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Maenhout\;0\;author\;Maenhout\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mailath\;0\;author\;Mailath\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Maki\;0\;author\;Maki\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Maliar\;0\;author\;Maliar\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Manchester\;0\;author\;Manchester\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mangasarian\;0\;author\;Mangasarian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mankiw\;0\;author\;Mankiw\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mansfield\;0\;author\;Mansfield\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Marcet\;0\;author\;Marcet\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mariger\;0\;author\;Mariger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Marimon\;0\;author\;Marimon\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mark\;0\;author\;Mark\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Markowitz\;0\;author\;Markowitz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Marshall\;0\;author\;Marshall\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Martin\;0\;author\;Martin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Masciandaro\;0\;author\;Masciandaro\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Masson\;0\;author\;Masson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Math{"}a\;0\;author\;Math{"}a\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mayer\;0\;author\;Mayer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McCallum\;0\;author\;McCallum\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McCarthy\;0\;author\;McCarthy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McClelland\;0\;author\;McClelland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McClure\;0\;author\;McClure\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McCullough\;0\;author\;McCullough\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McFadden\;0\;author\;McFadden\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McGrattan\;0\;author\;McGrattan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McInnes\;0\;author\;McInnes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:McKendrick\;0\;author\;McKendrick\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mc{C}arthy\;0\;author\;Mc{C}arthy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Meade\;0\;author\;Meade\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Meghir\;0\;author\;Meghir\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mehra\;0\;author\;Mehra\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Menchik\;0\;author\;Menchik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mendelson\;0\;author\;Mendelson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mendoza\;0\;author\;Mendoza\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Merton\;0\;author\;Merton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mian\;0\;author\;Mian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Michaelides\;0\;author\;Michaelides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Micklethwait\;0\;author\;Micklethwait\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Micklewright\;0\;author\;Micklewright\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Miles\;0\;author\;Miles\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Milesi-Ferretti\;0\;author\;Milesi-Ferretti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Miller\;0\;author\;Miller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Minehart\;0\;author\;Minehart\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mirman\;0\;author\;Mirman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mishkin\;0\;author\;Mishkin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mitchell\;0\;author\;Mitchell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Modigliani\;0\;author\;Modigliani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Moffitt\;0\;author\;Moffitt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Moore\;0\;author\;Moore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Moreira\;0\;author\;Moreira\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Morgan\;0\;author\;Morgan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Morris\;0\;author\;Morris\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mortensen\;0\;author\;Mortensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mroz\;0\;author\;Mroz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Muellbauer\;0\;author\;Muellbauer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mukherjee\;0\;author\;Mukherjee\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Mulligan\;0\;author\;Mulligan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Munshi\;0\;author\;Munshi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Murata\;0\;author\;Murata\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Murphy\;0\;author\;Murphy\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Muth\;0\;author\;Muth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:M{"u}nich\;0\;author\;M{"u}nich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:M{"}uller\;0\;author\;M{"}uller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:M{"}unich\;0\;author\;M{"}unich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Naik\;0\;author\;Naik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Nakagawa\;0\;author\;Nakagawa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Natalucci\;0\;author\;Natalucci\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Neave\;0\;author\;Neave\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Nelson\;0\;author\;Nelson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Neri\;0\;author\;Neri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Newbold\;0\;author\;Newbold\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Newey\;0\;author\;Newey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ng\;0\;author\;Ng\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Nielsen\;0\;author\;Nielsen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Norman\;0\;author\;Norman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Nyberg\;0\;author\;Nyberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:O'Donoghue\;0\;author\;O'Donoghue\;0\;0\;1\;\;\;\;; -2 KeywordGroup:O'Reilly\;0\;author\;O'Reilly\;0\;0\;1\;\;\;\;; -2 KeywordGroup:OECD\;0\;author\;OECD\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Obstfeld\;0\;author\;Obstfeld\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ogaki\;0\;author\;Ogaki\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Okun\;0\;author\;Okun\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Oliner\;0\;author\;Oliner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Olivera\;0\;author\;Olivera\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Orazem\;0\;author\;Orazem\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Orlandi\;0\;author\;Orlandi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Orphanides\;0\;author\;Orphanides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Orr\;0\;author\;Orr\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ossolinski\;0\;author\;Ossolinski\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ostergaard\;0\;author\;Ostergaard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Osterloh\;0\;author\;Osterloh\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ostry\;0\;author\;Ostry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ostuka\;0\;author\;Ostuka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Oswald\;0\;author\;Oswald\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Otoo\;0\;author\;Otoo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Otsuka\;0\;author\;Otsuka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Otto\;0\;author\;Otto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ouliaris\;0\;author\;Ouliaris\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Overland\;0\;author\;Overland\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Owyang\;0\;author\;Owyang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pacheco\;0\;author\;Pacheco\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Padula\;0\;author\;Padula\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pagan\;0\;author\;Pagan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Page\;0\;author\;Page\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Paiella\;0\;author\;Paiella\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Painter\;0\;author\;Painter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Palmer\;0\;author\;Palmer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Palumbo\;0\;author\;Palumbo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Panousi\;0\;author\;Panousi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Parigi\;0\;author\;Parigi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Park\;0\;author\;Park\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Parker\;0\;author\;Parker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Parkin\;0\;author\;Parkin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Passmore\;0\;author\;Passmore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Patton\;0\;author\;Patton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Paulos\;0\;author\;Paulos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pavel\;0\;author\;Pavel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pavoni\;0\;author\;Pavoni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Paxson\;0\;author\;Paxson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Peach\;0\;author\;Peach\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pedroni\;0\;author\;Pedroni\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Peek\;0\;author\;Peek\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pemberton\;0\;author\;Pemberton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pendakur\;0\;author\;Pendakur\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Perri\;0\;author\;Perri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Perry\;0\;author\;Perry\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Perry:\;0\;author\;Perry:\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pesaran\;0\;author\;Pesaran\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pesavento\;0\;author\;Pesavento\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Petersen\;0\;author\;Petersen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pham-Kanter\;0\;author\;Pham-Kanter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Phelps\;0\;author\;Phelps\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Phillips\;0\;author\;Phillips\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Piazessi\;0\;author\;Piazessi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Piazzesi\;0\;author\;Piazzesi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Picci\;0\;author\;Picci\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pichette\;0\;author\;Pichette\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Piergiorgio\;0\;author\;Piergiorgio\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Piger\;0\;author\;Piger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pigou\;0\;author\;Pigou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pindyck\;0\;author\;Pindyck\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pinker\;0\;author\;Pinker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pischke\;0\;author\;Pischke\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pissarides\;0\;author\;Pissarides\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pistaferri\;0\;author\;Pistaferri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pivetta\;0\;author\;Pivetta\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ploner\;0\;author\;Ploner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Plosser\;0\;author\;Plosser\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pollack\;0\;author\;Pollack\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Polya\;0\;author\;Polya\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Porter\;0\;author\;Porter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Porteus\;0\;author\;Porteus\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Posen\;0\;author\;Posen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Postlewaite\;0\;author\;Postlewaite\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Poterba\;0\;author\;Poterba\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Powell\;0\;author\;Powell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Prasad\;0\;author\;Prasad\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pratt\;0\;author\;Pratt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Prescott\;0\;author\;Prescott\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Preston\;0\;author\;Preston\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Price\;0\;author\;Price\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Primiceri\;0\;author\;Primiceri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Pritchett\;0\;author\;Pritchett\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Quadrini\;0\;author\;Quadrini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Quah\;0\;author\;Quah\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Quigley\;0\;author\;Quigley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:R'{i}os-Rull\;0\;author\;R'{i}os-Rull\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rabin\;0\;author\;Rabin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rabushka\;0\;author\;Rabushka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rajan\;0\;author\;Rajan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ramey\;0\;author\;Ramey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ramos-Francia\;0\;author\;Ramos-Francia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ramsey\;0\;author\;Ramsey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ranci`ere\;0\;author\;Ranci`ere\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ravina\;0\;author\;Ravina\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ray\;0\;author\;Ray\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rebelo\;0\;author\;Rebelo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rebucci\;0\;author\;Rebucci\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Reichlin\;0\;author\;Reichlin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Reinhart\;0\;author\;Reinhart\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Reis\;0\;author\;Reis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Reiter\;0\;author\;Reiter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Remolona\;0\;author\;Remolona\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rendahl\;0\;author\;Rendahl\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Renelt\;0\;author\;Renelt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Repetto\;0\;author\;Repetto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rhee\;0\;author\;Rhee\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Richardson\;0\;author\;Richardson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rietz\;0\;author\;Rietz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rios-Rull\;0\;author\;Rios-Rull\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Roberts\;0\;author\;Roberts\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Robinson\;0\;author\;Robinson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rodgers\;0\;author\;Rodgers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rodr'{i}guez-Clare\;0\;author\;Rodr'{i}guez-Clare\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rodrik\;0\;author\;Rodrik\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rogers\;0\;author\;Rogers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rogoff\;0\;author\;Rogoff\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Romer\;0\;author\;Romer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rosen\;0\;author\;Rosen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rosenzweig\;0\;author\;Rosenzweig\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rossi\;0\;author\;Rossi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rossi-Hansberg\;0\;author\;Rossi-Hansberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rotemberg\;0\;author\;Rotemberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Roth\;0\;author\;Roth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rothenberg\;0\;author\;Rothenberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rothschild\;0\;author\;Rothschild\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rudd\;0\;author\;Rudd\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rudebusch\;0\;author\;Rudebusch\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Runciman\;0\;author\;Runciman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Runkle\;0\;author\;Runkle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Rutstr"{o}m\;0\;author\;Rutstr"{o}m\;0\;0\;1\;\;\;\;; -2 KeywordGroup:SRBA\;0\;author\;SRBA\;0\;0\;1\;\;\;\;; -2 KeywordGroup:S/orensen\;0\;author\;S/orensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sabelhaus\;0\;author\;Sabelhaus\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sachs\;0\;author\;Sachs\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Saez\;0\;author\;Saez\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sahm\;0\;author\;Sahm\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sala-i-Martin\;0\;author\;Sala-i-Martin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Samiei\;0\;author\;Samiei\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sammartino\;0\;author\;Sammartino\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Samuelson\;0\;author\;Samuelson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Samwick\;0\;author\;Samwick\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sandmo\;0\;author\;Sandmo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sandri\;0\;author\;Sandri\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Santa-Clara\;0\;author\;Santa-Clara\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sapienza\;0\;author\;Sapienza\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sargent\;0\;author\;Sargent\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sarin\;0\;author\;Sarin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sastre\;0\;author\;Sastre\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schechtman\;0\;author\;Schechtman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schectman\;0\;author\;Schectman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Scheinkman\;0\;author\;Scheinkman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schmidt-Hebbel\;0\;author\;Schmidt-Hebbel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schneider\;0\;author\;Schneider\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schoenholtz\;0\;author\;Schoenholtz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Scholz\;0\;author\;Scholz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Schorfheide\;0\;author\;Schorfheide\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sch{"u}ndeln\;0\;author\;Sch{"u}ndeln\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sch{"}undeln\;0\;author\;Sch{"}undeln\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Scorcu\;0\;author\;Scorcu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Scott\;0\;author\;Scott\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Seater\;0\;author\;Seater\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Segalotto\;0\;author\;Segalotto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sen\;0\;author\;Sen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Serv'{e}n\;0\;author\;Serv'{e}n\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Serv{'e}n\;0\;author\;Serv{'e}n\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sethi\;0\;author\;Sethi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shapiro\;0\;author\;Shapiro\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shea\;0\;author\;Shea\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shefrin\;0\;author\;Shefrin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sheiner\;0\;author\;Sheiner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sheng\;0\;author\;Sheng\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shiller\;0\;author\;Shiller\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shin\;0\;author\;Shin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shirvani\;0\;author\;Shirvani\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shleifer\;0\;author\;Shleifer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Shore\;0\;author\;Shore\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sibley\;0\;author\;Sibley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sichel\;0\;author\;Sichel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Siegel\;0\;author\;Siegel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Siklos\;0\;author\;Siklos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Simon\;0\;author\;Simon\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Simoniv{c}\;0\;author\;Simoniv{c}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sims\;0\;author\;Sims\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sinai\;0\;author\;Sinai\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sirovatka\;0\;author\;Sirovatka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Skinner\;0\;author\;Skinner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Skyt Nielsen\;0\;author\;Skyt Nielsen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Slacalek\;0\;author\;Slacalek\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Slemrod\;0\;author\;Slemrod\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Slifman\;0\;author\;Slifman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Slok\;0\;author\;Slok\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sl{o}k\;0\;author\;Sl{o}k\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Smets\;0\;author\;Smets\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Smith\;0\;author\;Smith\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Solow\;0\;author\;Solow\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sommer\;0\;author\;Sommer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Song\;0\;author\;Song\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sorensen\;0\;author\;Sorensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Souleles\;0\;author\;Souleles\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sousa\;0\;author\;Sousa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stachurski\;0\;author\;Stachurski\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stadt\;0\;author\;Stadt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stafford\;0\;author\;Stafford\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Staiger\;0\;author\;Staiger\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stanton\;0\;author\;Stanton\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Starr-McCluer\;0\;author\;Starr-McCluer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Startz\;0\;author\;Startz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Steindel\;0\;author\;Steindel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sterne\;0\;author\;Sterne\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stigler\;0\;author\;Stigler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stock\;0\;author\;Stock\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stocker\;0\;author\;Stocker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stockman\;0\;author\;Stockman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Stokey\;0\;author\;Stokey\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Storesletten\;0\;author\;Storesletten\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Strotz\;0\;author\;Strotz\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Subramanian\;0\;author\;Subramanian\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Suen\;0\;author\;Suen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sufi\;0\;author\;Sufi\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sukiassyan\;0\;author\;Sukiassyan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Summers\;0\;author\;Summers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Sunde\;0\;author\;Sunde\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Svejnar\;0\;author\;Svejnar\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Swanson\;0\;author\;Swanson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Szeidl\;0\;author\;Szeidl\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tabellini\;0\;author\;Tabellini\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Takehara\;0\;author\;Takehara\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tan\;0\;author\;Tan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tauchen\;0\;author\;Tauchen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tayler\;0\;author\;Tayler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Telmer\;0\;author\;Telmer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Teppa\;0\;author\;Teppa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Terlizzese\;0\;author\;Terlizzese\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Terrell\;0\;author\;Terrell\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Terrones\;0\;author\;Terrones\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thaler\;0\;author\;Thaler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thimann\;0\;author\;Thimann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thomas Jr.\;0\;author\;Thomas Jr.\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thompson\;0\;author\;Thompson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Thomson\;0\;author\;Thomson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Timmermann\;0\;author\;Timmermann\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tinsley\;0\;author\;Tinsley\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tlusty\;0\;author\;Tlusty\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tobacman\;0\;author\;Tobacman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tobin\;0\;author\;Tobin\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Toche\;0\;author\;Toche\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tokuoka\;0\;author\;Tokuoka\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Toma\;0\;author\;Toma\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Topel\;0\;author\;Topel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Torralba\;0\;author\;Torralba\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Townsend\;0\;author\;Townsend\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Trabandt\;0\;author\;Trabandt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tremblay\;0\;author\;Tremblay\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Trimbur\;0\;author\;Trimbur\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Trump\;0\;author\;Trump\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tullio Jappelli\;0\;author\;Tullio Jappelli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Turnovsky\;0\;author\;Turnovsky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tuttle\;0\;author\;Tuttle\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Tuzel\;0\;author\;Tuzel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Uccello\;0\;author\;Uccello\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Uhlig\;0\;author\;Uhlig\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Urich\;0\;author\;Urich\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Uzawa\;0\;author\;Uzawa\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Valderrama\;0\;author\;Valderrama\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Valencia\;0\;author\;Valencia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Valkanov\;0\;author\;Valkanov\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Valli\;0\;author\;Valli\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Van Reenen\;0\;author\;Van Reenen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Veblen\;0\;author\;Veblen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Venti\;0\;author\;Venti\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ventura\;0\;author\;Ventura\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Vermulen\;0\;author\;Vermulen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Viard\;0\;author\;Viard\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Viceira\;0\;author\;Viceira\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Violante\;0\;author\;Violante\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Vissing-Jorgensen\;0\;author\;Vissing-Jorgensen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Vodopivec\;0\;author\;Vodopivec\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Voss\;0\;author\;Voss\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wachtel\;0\;author\;Wachtel\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wachter\;0\;author\;Wachter\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wagner\;0\;author\;Wagner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wakker\;0\;author\;Wakker\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wan\;0\;author\;Wan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wansbeek\;0\;author\;Wansbeek\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Ward\;0\;author\;Ward\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Watanabe\;0\;author\;Watanabe\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Watson\;0\;author\;Watson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Watts\;0\;author\;Watts\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weber\;0\;author\;Weber\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wei\;0\;author\;Wei\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weibull\;0\;author\;Weibull\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weil\;0\;author\;Weil\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weinberg\;0\;author\;Weinberg\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weiner\;0\;author\;Weiner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weise\;0\;author\;Weise\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weiss\;0\;author\;Weiss\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Welch\;0\;author\;Welch\;0\;0\;1\;\;\;\;; -2 KeywordGroup:West\;0\;author\;West\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Weth\;0\;author\;Weth\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Whelan\;0\;author\;Whelan\;0\;0\;1\;\;\;\;; -2 KeywordGroup:White\;0\;author\;White\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wiederholt\;0\;author\;Wiederholt\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wilbratte\;0\;author\;Wilbratte\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wilcox\;0\;author\;Wilcox\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wilhelm\;0\;author\;Wilhelm\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Willen\;0\;author\;Willen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Williams\;0\;author\;Williams\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Williamson\;0\;author\;Williamson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Willis\;0\;author\;Willis\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Willman\;0\;author\;Willman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wilson\;0\;author\;Wilson\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wincoop\;0\;author\;Wincoop\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Winkler\;0\;author\;Winkler\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wirjanto\;0\;author\;Wirjanto\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wolfers\;0\;author\;Wolfers\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wolman\;0\;author\;Wolman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Woodford\;0\;author\;Woodford\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wooldridge\;0\;author\;Wooldridge\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Working\;0\;author\;Working\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wouters\;0\;author\;Wouters\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Wright\;0\;author\;Wright\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Xia\;0\;author\;Xia\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Xiong\;0\;author\;Xiong\;0\;0\;1\;\;\;\;; -2 KeywordGroup:YEO\;0\;author\;YEO\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yamashita\;0\;author\;Yamashita\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yang\;0\;author\;Yang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yao\;0\;author\;Yao\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yaron\;0\;author\;Yaron\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yellen\;0\;author\;Yellen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yetman\;0\;author\;Yetman\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yogo\;0\;author\;Yogo\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yosha\;0\;author\;Yosha\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Young\;0\;author\;Young\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Yuen\;0\;author\;Yuen\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zechner\;0\;author\;Zechner\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zeldes\;0\;author\;Zeldes\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zeldes.\;0\;author\;Zeldes.\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zervos\;0\;author\;Zervos\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zhang\;0\;author\;Zhang\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zhou\;0\;author\;Zhou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zhu\;0\;author\;Zhu\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zingales\;0\;author\;Zingales\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zivot\;0\;author\;Zivot\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zizlavsky\;0\;author\;Zizlavsky\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zou\;0\;author\;Zou\;0\;0\;1\;\;\;\;; -2 KeywordGroup:Zumer\;0\;author\;Zumer\;0\;0\;1\;\;\;\;; -2 KeywordGroup:url{www.mortality.org}\;0\;author\;url{www.mortality.org}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Annika Sunden}\;0\;author\;{Annika Sunden}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Atkinson, Anthony B.}\;0\;author\;{Atkinson, Anthony B.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Auerbach, Alan J.}\;0\;author\;{Auerbach, Alan J.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Biv c'akov'a}\;0\;author\;{Biv c'akov'a}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Bizer, David S.}\;0\;author\;{Bizer, David S.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Board of Governors of the Federal Reserve System}\;0\;author\;{Board of Governors of the Federal Reserve System}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Browning, Martin}\;0\;author\;{Browning, Martin}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Bureau of Economic Analysis}\;0\;author\;{Bureau of Economic Analysis}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Bureau{~}of{~}Labor{~}Statistics}\;0\;author\;{Bureau{~}of{~}Labor{~}Statistics}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Campbell, John Y.}\;0\;author\;{Campbell, John Y.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Christiano, Lawrence J.}\;0\;author\;{Christiano, Lawrence J.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Christina H. Paxson}\;0\;author\;{Christina H. Paxson}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Council of Economic Advisers}\;0\;author\;{Council of Economic Advisers}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Council~of~Economic~Advisers}\;0\;author\;{Council~of~Economic~Advisers}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{David Renelt}\;0\;author\;{David Renelt}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Deaton, Angus S.}\;0\;author\;{Deaton, Angus S.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Del Negro}\;0\;author\;{Del Negro}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Den Haan}\;0\;author\;{Den Haan}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Diane L. Rogers}\;0\;author\;{Diane L. Rogers}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Edward C. Prescott}\;0\;author\;{Edward C. Prescott}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{European Central Bank}\;0\;author\;{European Central Bank}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Fullerton, Don}\;0\;author\;{Fullerton, Don}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Galuv sv c'ak}\;0\;author\;{Galuv sv c'ak}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Geoffrey Heal}\;0\;author\;{Geoffrey Heal}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Gill,~P.~E., W.~Murray}\;0\;author\;{Gill,~P.~E., W.~Murray}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Harald Uhlig}\;0\;author\;{Harald Uhlig}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{International Monetary Fund}\;0\;author\;{International Monetary Fund}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{J. Burbridge}\;0\;author\;{J. Burbridge}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Jones, L.~E., Rodolfo E.~Manuelli}\;0\;author\;{Jones, L.~E., Rodolfo E.~Manuelli}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Joseph E. Stiglitz}\;0\;author\;{Joseph E. Stiglitz}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Jurajda}\;0\;author\;{Jurajda}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Kenneth L. Judd}\;0\;author\;{Kenneth L. Judd}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Kennickell, Arthur B.}\;0\;author\;{Kennickell, Arthur B.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{King, Robert G.}\;0\;author\;{King, Robert G.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Kydland, Finn E.}\;0\;author\;{Kydland, Finn E.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Laurence J. Kotlikoff}\;0\;author\;{Laurence J. Kotlikoff}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Levine, Ross E.}\;0\;author\;{Levine, Ross E.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Lucas, Robert E.}\;0\;author\;{Lucas, Robert E.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Luengo-Prado}\;0\;author\;{Luengo-Prado}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{M.~H.~Wright}\;0\;author\;{M.~H.~Wright}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Martin Eichenbaum}\;0\;author\;{Martin Eichenbaum}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Milesi-Ferretti, Gian~Maria}\;0\;author\;{Milesi-Ferretti, Gian~Maria}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Mulligan, Casey B.}\;0\;author\;{Mulligan, Casey B.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Nelson, Charles R.}\;0\;author\;{Nelson, Charles R.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Nouriel Roubini}\;0\;author\;{Nouriel Roubini}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Osterwald--Lenum}\;0\;author\;{Osterwald--Lenum}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{P.~E.~Rossi}\;0\;author\;{P.~E.~Rossi}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Parente, Steven L.}\;0\;author\;{Parente, Steven L.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Ryder, Harl}\;0\;author\;{Ryder, Harl}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{So rensen}\;0\;author\;{So rensen}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Sala-i-Martin}\;0\;author\;{Sala-i-Martin}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Sergio T. Rebelo}\;0\;author\;{Sergio T. Rebelo}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Slav c'alek}\;0\;author\;{Slav c'alek}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Slav'i k}\;0\;author\;{Slav'i k}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Sl{o}k}\;0\;author\;{Sl{o}k}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Staiger, Douglas}\;0\;author\;{Staiger, Douglas}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Stokey, Nancy L.}\;0\;author\;{Stokey, Nancy L.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Survey of Consumer Finances}\;0\;author\;{Survey of Consumer Finances}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Taylor, John B.}\;0\;author\;{Taylor, John B.}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Van Nieuwerburgh}\;0\;author\;{Van Nieuwerburgh}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Van Reenen}\;0\;author\;{Van Reenen}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Vissing-Jo rgensen}\;0\;author\;{Vissing-Jo rgensen}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Xavier Sala-i-Martin}\;0\;author\;{Xavier Sala-i-Martin}\;0\;0\;1\;\;\;\;; -2 KeywordGroup:{Zubrick'y}\;0\;author\;{Zubrick'y}\;0\;0\;1\;\;\;\;; -1 StaticGroup:Flavin\;0\;1\;\;\;\;; -1 KeywordGroup:JirkasEntries\;0\;owner\;jirka\;0\;0\;1\;\;\;\;; -} - -@Comment{jabref-meta: groupsversion: -3; -} - -@Comment{jabref-meta: selector_Author:Norman;} - -@Comment{jabref-meta: selector_author:Norman;} - -@Comment{jabref-entrytype: Header: req[] opt[]} - -@Comment{jabref-entrytype: Inprogress: req[author;title;year;journal] opt[]} - -@string{aer = {american economic review}} - -@string{aerpp = {american economic review (papers and proceedings)}} - -@string{bell = {bell journal of economics}} - -@string{bibrary = {/volumes/sync/dropbox/bib/raw/bycitekey/}} - -@string{bje = {bell journal of economics}} - -@string{bpea = {brookings papers on economic activity}} - -@string{cr = {carnegie-rochester conference series on public policy}} - -@string{crcs = {carnegie-rochester conference series on public policy}} - -@string{eer = {european economic review}} - -@string{el = {economics letters}} - -@string{ema = {econometrica}} - -@string{games = {games and economic behavior}} - -@string{jbes = {journal of business and economic statistics}} - -@string{je = {journal of econometrics}} - -@string{jedc = {journal of economic dynamics and control}} - -@string{jel = {journal of economic literature}} - -@string{jep = {journal of economic perspectives}} - -@string{jet = {journal of economic theory}} - -@string{jf = {journal of finance}} - -@string{jfe = {journal of financial economics}} - -@string{jhr = {journal of human resources}} - -@string{jle = {journal of law and economics}} - -@string{jmcb = {journal of money, credit, and banking}} - -@string{jme = {journal of monetary economics}} - -@string{jmetrics = {journal of econometrics}} - -@string{jole = {journal of labor economics}} - -@string{jpe = {journal of political economy}} - -@string{jpube = {journal of public economics}} - -@string{md = {macroeconomic dynamics}} - -@string{mlr = {monthly labor review}} - -@string{nberma = {n.b.e.r. macroeconomics annual}} - -@string{nberwp = {national bureau of economic research working paper}} - -@string{qje = {quarterly journal of economics}} - -@string{rand = {rand journal of economics}} - -@string{restat = {review of economics and statistics}} - -@string{restud = {review of economic studies}} - -@string{rfs = {review of financial studies}} - -@string{rje = {rand journal of economics}} diff --git a/docs/texmf-local/bibtex/bst/econtex.bst b/docs/texmf-local/bibtex/bst/econtex.bst deleted file mode 100644 index 2b949e48f..000000000 --- a/docs/texmf-local/bibtex/bst/econtex.bst +++ /dev/null @@ -1,1294 +0,0 @@ -%%% BEJournals Bibliography Style -%%% Modified from econometrica.bst by KCB (see documentation below) -%%% Modified by Christopher Carroll to print full names of authors when available rather than initials -%%% For use with harvard.sty and LaTeX2e (NFSS) or LaTeX 2.09 -%%% 24-aug-94 -%%% -%%% Based on makebst, but with modifications by -%%% kcb@hss.caltech.edu (KC Border) -%%% Please report any problems to me. -%%% -%%% The main changes from the ouput of makebst are: -%%% 1. Addition of a function to replace repeated authors with a 3 em dash. -%%% (Search for compare.names, this function is portable.) -%%% 2. Modification of output.nonnull to allow commas inside quotation marks -%%% and no comma after year. -%%% 3.Eliminated feature (bug?) of the harvard style of citation. -%%% It creates a short label for subsequent citations. This alleged -%%% feature shortens both Aliprantis, Border, and Luxemburg (1991) and -%%% Aliprantis, Brown, and Burkinshaw (1991) to Aliprantis et~al. (1991). -%%% This creates the need to label these as -%%% Aliprantis, Border, and Luxemburg (1991a) and -%%% Aliprantis, Brown, and Burkinshaw (1991b), despite the fact -%%% that these entries have different authors. I used my own format -%%% for creating the labels, and used the same label for -%%% both the short and long forms. I know that the -%%% _Chicago_Manual_of_Style recommends using Aliprantis et~al, -%% but Econometrica regularly writes out three authors, -%% and it is rare to cite an article with more than four authors in -%%% Econometrica. (I couldn't find an example of even four being cited, -%%% but I didn't spend a lot of time looking.) -%%% 4. Addition of macros to handle editions. (My own idiosycracy.) -%%% 5. A new entry type called issue for special issues of a journal. -%%% (Another idiosyncracy.) -%%% 6. Many details to conform to Econometrica's quirks. -%%% (Search for KCB ) -%%% 7. I wrote this for use with LaTeX2e and the NFSS2. However, I did -%%% add some macros so it will work with LaTeX 2.09. -%%% (Search for \ifx\undefined\emph ) -%%% The remainder of this file was generated by makebst, except for -%%% modifications marked with KCB. -%% -%% This is file `em.bst', generated -%% on <1994/8/17> with the docstrip utility (2.2h). -%% -%% The original source files were: -%% -%% genbst.mbs (with options: `ay,har,nm-rev1,nmft-sc,dt-beg,yr-par,tit-qq,atit-u,thtit-a,volp-com,edby,blk-com,pp,ed,abr,and-com,nfss') -%% ---------------------------------------- -%% *** Econometrica style *** -%% -%% (Here are the specifications of the source file) -%% \def\filename{genbst.mbs} -%% \def\filedate{1994 July 1} -%% \def\fileversion{1.3} -%% For use with BibTeX version 0.99a or later, LaTeX version 2.09 -%%------------------------------------------------------------------- -%% NOTICE: -%% This file may be used for non-profit purposes. -%% It may not be distributed in exchange for money, -%% other than distribution costs. -%% -%% The author provides it `as is' and does not guarantee it in any way. -%% -%% Copyright (C) 1994 Patrick W. Daly -%% Max-Planck-Institut f\"ur Aeronomie -%% Postfach 20 -%% D-37189 Katlenburg-Lindau -%% Germany -%% -%% E-mail: -%% SPAN-- nsp::linmpi::daly (note nsp also known as ecd1) -%% Internet-- daly@linmpi.dnet.gwdg.de -%%----------------------------------------------------------- -%% \CharacterTable -%% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z -%% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z -%% Digits \0\1\2\3\4\5\6\7\8\9 -%% Exclamation \! Double quote \" Hash (number) \# -%% Dollar \$ Percent \% Ampersand \& -%% Acute accent \' Left paren \( Right paren \) -%% Asterisk \* Plus \+ Comma \, -%% Minus \- Point \. Solidus \/ -%% Colon \: Semicolon \; Less than \< -%% Equals \= Greater than \> Question mark \? -%% Commercial at \@ Left bracket \[ Backslash \\ -%% Right bracket \] Circumflex \^ Underscore \_ -%% Grave accent \` Left brace \{ Vertical bar \| -%% Right brace \} Tilde \~} -%%--------------------------------------------------------------------- - % This is an author-year citation style bibliography. As such, it is - % non-standard LaTeX, and requires a style option to function properly. - % The appropriate style file is: harvard.sty - % The form of the bibitem entries is - % \harvarditem[Jones et al.]{Jones, Baker, and Smith}{1990}{key}... - % There are style changes that may be specified in the text with - % the command \citationstyle. - % \citeasnoun{key} ==>> Jones et al. (1990) - % \cite{key} ==>> (Jones et al. 1990) - % \cite[chap. 2]{key} ==>> (Jones et al. 1990, chap. 2) - % On the first citation of any work, the full author list is used. -%%--------------------------------------------------------------------- - -ENTRY - { address - author - booktitle - chapter - edition - editor - howpublished - institution - journal - key - month - note - number - organization - pages - publisher - school - series - title - type - volume - year - } - {} - { label extra.label sort.label } %%%KCB: removed long.label - -INTEGERS { output.state before.all mid.sentence after.sentence after.block } - -%%%KCB: new output state, no.comma -INTEGERS { no.comma} - -FUNCTION {init.state.consts} -{ #0 'before.all := - #1 'mid.sentence := - #2 'after.sentence := - #3 'after.block := - #4 'no.comma := %%%KCB -} - -STRINGS { s t } - - -%%%KCB: revise to use new output state -FUNCTION {output.nonnull} -{ 's := - output.state no.comma = %%%KCB: if in this state, write a space - { " " * write$ before.all 'output.state := } %%%KCB - { output.state mid.sentence = %%%KCB: add brace at beginning - { ", " * write$ } - { output.state after.block = - { add.period$ write$ - newline$ - "\newblock " write$ - } - { output.state before.all = - 'write$ - { add.period$ " " * write$ } - if$ - } - if$ - } - if$ - mid.sentence 'output.state := - } %%%KCB: matching brace - if$ %%%KCB: test for no.comma state - s -} - -FUNCTION {output} -{ duplicate$ empty$ - 'pop$ - 'output.nonnull - if$ -} - -FUNCTION {output.check} -{ 't := - duplicate$ empty$ - { pop$ "empty " t * " in " * cite$ * warning$ } - 'output.nonnull - if$ -} - -FUNCTION {output.bibitem} -{ newline$ - "\harvarditem[" write$ - label write$ - "]{" label * "}{" * write$ %%%KCB: replaced long.label with label - year duplicate$ empty$ - { pop$ "????" } - 'skip$ - if$ - extra.label * "}{" * write$ - cite$ write$ - "}" write$ - newline$ - "" - before.all 'output.state := -} - -FUNCTION {fin.entry} -{ add.period$ - write$ - newline$ -} - -FUNCTION {new.block} -{ output.state before.all = - 'skip$ - { after.block 'output.state := } - if$ -} - -FUNCTION {new.sentence} -{ output.state after.block = - 'skip$ - { output.state before.all = - 'skip$ - { after.sentence 'output.state := } - if$ - } - if$ -} - -FUNCTION {not} -{ { #0 } - { #1 } - if$ -} - -FUNCTION {and} -{ 'skip$ - { pop$ #0 } - if$ -} - -FUNCTION {or} -{ { pop$ #1 } - 'skip$ - if$ -} - -FUNCTION {new.block.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.block - if$ -} - -FUNCTION {field.or.null} -{ duplicate$ empty$ - { pop$ "" } - 'skip$ - if$ -} - -FUNCTION {emphasize} -{ duplicate$ empty$ - { pop$ "" } - { "\emph{" swap$ * "}" * } - if$ -} - -INTEGERS { nameptr namesleft numnames } - -%%%KCB: Here is a portable set of routines to check for repeated authors -%%% and replace them with a 3 em dash -%%% According to _Chicago_Manual_of_Style_, a dash is used to -%%% replace an author's name only if the entire list is the same, so: -%%% Compare names. See if prev.name is identical to CurrList. -%%% If not, then just output CurrList. -%%% If so, replace with \BySame -%%% I use a conservative matching scheme, -%%% and check to see if full names are identical, -%%% even though we only use initials. -%%% This may mean that you have to correct your .bib database -%%% to ensure consistency. -%%% -%%% sample usage: -%%% search for {format.author} - -INTEGERS {currNum prevNum} - -STRINGS {PrevList CurrList prev.name PrevTemp CurrTemp} - -%%%KCB: Initialize prev.name ot some nonsense string: - -FUNCTION {init.prev.name} -{ -"My puppy Harley" 'prev.name := -} - -%%%KCB: Must EXECUTE {init.prev.name} after READ - -%%%KCB: compare.names -FUNCTION {compare.names} -{ prev.name 'PrevList := - duplicate$ 'prev.name := % make current list the new previous list - 'CurrList := - PrevList num.names$ 'prevNum := - CurrList num.names$ 'currNum := -% - prevNum currNum = %% If prevNum = currNum - { "" 'PrevTemp := %% Then take this branch - "" 'CurrTemp := - #1 'nameptr := %%% start with first name in each list - { nameptr prevNum > not }%% while nameptr <= prevNum -%% Format both lists the same way. -%% Use full names: bib file might need to be corrected - { - PrevList nameptr "{ff }{vv~}{ll}{ jj}" format.name$ PrevTemp * 'PrevTemp := - CurrList nameptr "{ff }{vv~}{ll}{ jj}" format.name$ CurrTemp * 'CurrTemp := - nameptr #1 + 'nameptr := } - while$ -%% Now compare : - PrevTemp CurrTemp = %% If PrevTemp = CurrTemp - { "\BySame{}" } - { CurrList } - if$ - } - { CurrList } %% If not prevNum = currNum - if$ %% If prevNum = currNum -} - -%%% -%%% -%%%KCB: End of new routine. - - -FUNCTION {format.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { s nameptr "{ff~}{vv~}{ll}{, jj}" format.name$ 't := } - { s nameptr "{vv~}{ll}{, jj}{, ff}" format.name$ 't := } - if$ - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - ", " * - t "others" = - { " et~al." * } - { " {and} " * t * } %%%CDC: removed \small - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - - -FUNCTION {format.names.ed} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr - "{ff~}{vv~}{ll}{, jj}" - format.name$ 't := - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - ", " * - t "others" = - { " et~al." * } - { " {and} " * t * } %%%CDC: removed \small - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {format.key} -{ empty$ - { key field.or.null } - { "" } - if$ -} - -FUNCTION {format.authors} -{ author empty$ - { "" } - { "\textsc{" author compare.names format.names * "} " * } - if$ -} - -FUNCTION {format.editors} -{ editor empty$ - { "" } - { "\textsc{" editor compare.names format.names * " }" * - editor num.names$ #1 > - { " (eds.)" * } - { " (ed.)" * } - if$ - } - if$ -} - -FUNCTION {format.in.editors} -{ editor empty$ - { "" } - { editor format.names.ed - } - if$ -} - -FUNCTION {format.title} -{ title empty$ - { "" } - { title - "``" swap$ * ",'' " * - } -no.comma 'output.state := %%%KCB: - if$ -} - -FUNCTION {n.dashify} -{ 't := - "" - { t empty$ not } - { t #1 #1 substring$ "-" = - { t #1 #2 substring$ "--" = not - { "--" * - t #2 global.max$ substring$ 't := - } - { { t #1 #1 substring$ "-" = } - { "-" * - t #2 global.max$ substring$ 't := - } - while$ - } - if$ - } - { t #1 #1 substring$ * - t #2 global.max$ substring$ 't := - } - if$ - } - while$ -} - -FUNCTION {word.in} -{ "in " } - -FUNCTION {format.date} -{ year duplicate$ empty$ - { "empty year in " cite$ * "; set to ????" * warning$ - pop$ "????" } - 'skip$ - if$ - " (" swap$ * extra.label * "):" * %%%KCB: added : - before.all 'output.state := %%%KCB: -} - -FUNCTION {format.btitle} -{ title emphasize -no.comma 'output.state := %%%KCB: -} - -FUNCTION {tie.or.space.connect} -{ duplicate$ text.length$ #3 < - { "~" } - { " " } - if$ - swap$ * * -} - -FUNCTION {either.or.check} -{ empty$ - 'pop$ - { "can't use both " swap$ * " fields in " * cite$ * warning$ } - if$ -} - -FUNCTION {format.bvolume} -{ volume empty$ - { "" } - { "vol." volume tie.or.space.connect - series empty$ - 'skip$ - { " of " * series emphasize * } - if$ - "volume and number" number either.or.check - } - if$ -} - -FUNCTION {format.number.series} -{ volume empty$ - { number empty$ - { series field.or.null } - { output.state mid.sentence = - { "no." } - { "No." } - if$ - number tie.or.space.connect - series empty$ - { "there's a number but no series in " cite$ * warning$ } - { " in " * series * } - if$ - } - if$ - } - { "" } - if$ -} - -FUNCTION {format.edition} -{ edition empty$ - { "" } - { output.state mid.sentence = - { edition "l" change.case$ " edn." * } - { edition "t" change.case$ " edn." * } - if$ - } - if$ -} - -INTEGERS { multiresult } - -FUNCTION {multi.page.check} -{ 't := - #0 'multiresult := - { multiresult not - t empty$ not - and - } - { t #1 #1 substring$ - duplicate$ "-" = - swap$ duplicate$ "," = - swap$ "+" = - or or - { #1 'multiresult := } - { t #2 global.max$ substring$ 't := } - if$ - } - while$ - multiresult -} - -FUNCTION {format.pages} -{ pages empty$ - { "" } - { pages multi.page.check - { "pp." pages n.dashify tie.or.space.connect } - { "p." pages tie.or.space.connect } - if$ - } - if$ -} - -FUNCTION {format.vol.num.pages} -{ volume field.or.null - number empty$ - 'skip$ - { "(" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - pages empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.pages } - { ", " * pages n.dashify * } - if$ - } - if$ -} - -FUNCTION {format.chapter.pages} -{ chapter empty$ - 'format.pages - { type empty$ - { "chap." } - { type "l" change.case$ } - if$ - chapter tie.or.space.connect - pages empty$ - 'skip$ - { ", " * format.pages * } - if$ - } - if$ -} - -FUNCTION {format.in.ed.booktitle} -{ booktitle empty$ - { "" } - { editor empty$ - { word.in booktitle emphasize * } - { word.in booktitle emphasize * ", ed. by " * %%%KCB: abbrv ed. - format.in.editors * } - if$ - } - if$ -} - -FUNCTION {format.thesis.type} -{ type empty$ - 'skip$ - { pop$ - type "t" change.case$ - } - if$ -} - -FUNCTION {format.tr.number} -{ type empty$ - { "Discussion Paper" } %%%KCB: changed default - 'type - if$ - number empty$ - { "t" change.case$ } - { number tie.or.space.connect } - if$ -} - -FUNCTION {format.article.crossref} -{ - word.in - "\cite{" * crossref * "}" * -} - -FUNCTION {format.book.crossref} -{ volume empty$ - { "empty volume in " cite$ * "'s crossref of " * crossref * warning$ - word.in - } - { "vol." volume tie.or.space.connect - " of " * - } - if$ - "\cite{" * crossref * "}" * -} - -FUNCTION {format.incoll.inproc.crossref} -{ - word.in - "\cite{" * crossref * "}" * -} - -FUNCTION {article} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {book} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - format.date "year" output.check - format.btitle "title" output.check - mid.sentence 'output.state := %%%KCB: - crossref missing$ - { format.bvolume output - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { - format.book.crossref output.nonnull - } - if$ - format.edition output - note output - fin.entry -} - -FUNCTION {booklet} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.title "title" output.check - howpublished output - address output - note output - fin.entry -} - -FUNCTION {inbook} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - format.date "year" output.check - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - format.chapter.pages "chapter and pages" output.check - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { format.chapter.pages "chapter and pages" output.check - format.book.crossref output.nonnull - } - if$ - format.edition output - note output - fin.entry -} - -FUNCTION {incollection} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.chapter.pages output - new.sentence - publisher "publisher" output.check - address output - format.edition output - } - { format.incoll.inproc.crossref output.nonnull - format.chapter.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {inproceedings} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.pages output - address output - new.sentence - organization output - publisher output - } - { format.incoll.inproc.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {conference} { inproceedings } - -%%%KCB: special issue of a journal with a special editor - -FUNCTION {issue} -{ output.bibitem - format.editors output - editor format.key output - format.date "year" output.check - format.btitle "title" output.check - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {manual} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.btitle "title" output.check - organization output - address output - format.edition output - note output - fin.entry -} - -FUNCTION {mastersthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - "Master's thesis" format.thesis.type output.nonnull - school "school" output.check - address output - note output - fin.entry -} - -FUNCTION {misc} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.title output - howpublished output - note output - fin.entry -} - -FUNCTION {phdthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - "Ph.D. thesis" format.thesis.type output.nonnull - school "school" output.check - address output - note output - fin.entry -} - -FUNCTION {proceedings} -{ output.bibitem - format.editors output - editor format.key output - format.date "year" output.check - format.btitle "title" output.check - format.bvolume output - format.number.series output - address output - new.sentence - organization output - publisher output - note output - fin.entry -} - -FUNCTION {techreport} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - format.tr.number output.nonnull - institution "institution" output.check - address output - note output - fin.entry -} - -FUNCTION {unpublished} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - note "note" output.check - fin.entry -} - -FUNCTION {default.type} { misc } - -MACRO {jan} {"January"} - -MACRO {feb} {"February"} - -MACRO {mar} {"March"} - -MACRO {apr} {"April"} - -MACRO {may} {"May"} - -MACRO {jun} {"June"} - -MACRO {jul} {"July"} - -MACRO {aug} {"August"} - -MACRO {sep} {"September"} - -MACRO {oct} {"October"} - -MACRO {nov} {"November"} - -MACRO {dec} {"December"} - -%%%KCB: removed computer science journal macros -%%%KCB: added following macros for editions -MACRO {first} {"1st "} -MACRO {second} {"2d "} -MACRO {third} {"3d "} -MACRO {fourth} {"4th "} -MACRO {fifth} {"5th "} -MACRO {sixth} {"6th"} -MACRO {seventh} {"7th "} -MACRO {eighth} {"8th "} -MACRO {ninth} {"9th "} -MACRO {tenth} {"10th "} - -READ - -FUNCTION {sortify} -{ purify$ - "l" change.case$ -} - -INTEGERS { len } - -FUNCTION {chop.word} -{ 's := - 'len := - s #1 len substring$ = - { s len #1 + global.max$ substring$ } - 's - if$ -} - - -%%%KCB: Change format of labels: -FUNCTION {format.lab.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr "{vv~}{ll}" format.name$ 't := - nameptr #1 > - { namesleft #1 > - { ", " * t * } - { numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -%%%KCB: removed FUNCTION {format.long.lab.names} - -FUNCTION {author.key.label} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.editor.key.label} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {editor.key.label} -{ editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ -} - -%%%KCB: use entire year field as label - -FUNCTION {calc.label} -{ type$ "book" = - type$ "inbook" = - or - type$ "issue" = %%%KCB: need for new entry type - or %%%KCB - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.label - 'author.key.label - if$ - } - if$ - ", " - * - year field.or.null - * - 'label := -} - -FUNCTION {calc.short.label} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.label - 'author.key.label - if$ - } - if$ - 'label := -} - -%%%KCB: removed FUNCTION {calc.long.label} - -FUNCTION {sort.format.names} -{ 's := - #1 'nameptr := - "" - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { " " * } - 'skip$ - if$ - s nameptr - "{vv{ } }{ll{ }}{ f{ }}{ jj{ }}" - format.name$ 't := - nameptr numnames = t "others" = and - { "et al" * } - { t sortify * } - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {sort.format.title} -{ 't := - "A " #2 - "An " #3 - "The " #4 t chop.word - chop.word - chop.word - sortify - #1 global.max$ substring$ -} - -FUNCTION {author.sort} -{ author empty$ - { key empty$ - { "to sort, need author or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.editor.sort} -{ author empty$ - { editor empty$ - { key empty$ - { "to sort, need author, editor, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {editor.sort} -{ editor empty$ - { key empty$ - { "to sort, need editor or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ -} - -FUNCTION {presort} -{ calc.label - label sortify - " " - * - type$ "book" = - type$ "inbook" = - or - type$ "issue" = %%%KCB: need for new entry type - or %%%KCB - 'author.editor.sort - { type$ "proceedings" = - 'editor.sort - 'author.sort - if$ - } - if$ - #1 entry.max$ substring$ - 'sort.label := - sort.label - * - " " - * - title field.or.null - sort.format.title - * - #1 entry.max$ substring$ - 'sort.key$ := -} - -ITERATE {presort} - -SORT - -STRINGS { last.label next.extra } - -INTEGERS { last.extra.num } - -FUNCTION {initialize.extra.label.stuff} -{ #0 int.to.chr$ 'last.label := - "" 'next.extra := - #0 'last.extra.num := -} - -FUNCTION {forward.pass} -{ last.label label = - { last.extra.num #1 + 'last.extra.num := - last.extra.num int.to.chr$ 'extra.label := - } - { "a" chr.to.int$ 'last.extra.num := - "" 'extra.label := - label 'last.label := - } - if$ -} - -FUNCTION {reverse.pass} -{ next.extra "b" = - { "a" 'extra.label := } - 'skip$ - if$ - extra.label 'next.extra := -} - -EXECUTE {initialize.extra.label.stuff} - -EXECUTE {init.prev.name} %%%KCB: needed for replacing repeated authors - -ITERATE {forward.pass} - -REVERSE {reverse.pass} - -FUNCTION {bib.sort.order} -{ sort.label - " " - * - year field.or.null sortify - * - " " - * - title field.or.null - sort.format.title - * - #1 entry.max$ substring$ - 'sort.key$ := - calc.short.label -%%%KCB: removed calc.long.label -} - -ITERATE {bib.sort.order} - -SORT - -FUNCTION {begin.bib} -{ preamble$ empty$ - 'skip$ - { preamble$ write$ newline$ } - if$ -%%%KCB: add defn of \BySame, can be overridden in document -"\ifx\undefined\BySame" write$ newline$ - "\newcommand{\BySame}{\leavevmode\rule[.5ex]{3em}{.5pt}\ }" - write$ newline$ - "\fi" write$ newline$ -% %%% KCB: For those who still cling to LaTeX 2.09 -% "\ifx\undefined\textsc" write$ newline$ -% "\newcommand{\textsc}[1]{{\sc #1}}" -% write$ newline$ -% "\newcommand{\emph}[1]{{\em #1\/}}" -% write$ newline$ -% "\let\tmpsmall\small" write$ newline$ -% "\renewcommand{\small}{\tmpsmall\sc}" write$ newline$ -% "\fi" write$ newline$ -% %%% - "\begin{thebibliography}{}" write$ newline$ -} - -EXECUTE {begin.bib} - -EXECUTE {init.state.consts} - -ITERATE {call.type$} - -FUNCTION {end.bib} -{ newline$ - "\end{thebibliography}" write$ newline$ -"Done." top$ %%%KCB: Signal end for NeXTeX's TexView -} - -EXECUTE {end.bib} -%% End of customized bst file diff --git a/docs/texmf-local/bibtex/bst/handout.bst b/docs/texmf-local/bibtex/bst/handout.bst deleted file mode 100644 index d826b51ae..000000000 --- a/docs/texmf-local/bibtex/bst/handout.bst +++ /dev/null @@ -1,1294 +0,0 @@ -%%% BEJournals Bibliography Style -%%% Modified from econometrica.bst by KCB (see documentation below) -%%% Modified by Christopher Carroll to print full names of authors when available rather than initials -%%% For use with harvard.sty and LaTeX2e (NFSS) or LaTeX 2.09 -%%% 24-aug-94 -%%% -%%% Based on makebst, but with modifications by -%%% kcb@hss.caltech.edu (KC Border) -%%% Please report any problems to me. -%%% -%%% The main changes from the ouput of makebst are: -%%% 1. Addition of a function to replace repeated authors with a 3 em dash. -%%% (Search for compare.names, this function is portable.) -%%% 2. Modification of output.nonnull to allow commas inside quotation marks -%%% and no comma after year. -%%% 3.Eliminated feature (bug?) of the harvard style of citation. -%%% It creates a short label for subsequent citations. This alleged -%%% feature shortens both Aliprantis, Border, and Luxemburg (1991) and -%%% Aliprantis, Brown, and Burkinshaw (1991) to Aliprantis et~al. (1991). -%%% This creates the need to label these as -%%% Aliprantis, Border, and Luxemburg (1991a) and -%%% Aliprantis, Brown, and Burkinshaw (1991b), despite the fact -%%% that these entries have different authors. I used my own format -%%% for creating the labels, and used the same label for -%%% both the short and long forms. I know that the -%%% _Chicago_Manual_of_Style recommends using Aliprantis et~al, -%% but Econometrica regularly writes out three authors, -%% and it is rare to cite an article with more than four authors in -%%% Econometrica. (I couldn't find an example of even four being cited, -%%% but I didn't spend a lot of time looking.) -%%% 4. Addition of macros to handle editions. (My own idiosycracy.) -%%% 5. A new entry type called issue for special issues of a journal. -%%% (Another idiosyncracy.) -%%% 6. Many details to conform to Econometrica's quirks. -%%% (Search for KCB ) -%%% 7. I wrote this for use with LaTeX2e and the NFSS2. However, I did -%%% add some macros so it will work with LaTeX 2.09. -%%% (Search for \ifx\undefined\emph ) -%%% The remainder of this file was generated by makebst, except for -%%% modifications marked with KCB. -%% -%% This is file `em.bst', generated -%% on <1994/8/17> with the docstrip utility (2.2h). -%% -%% The original source files were: -%% -%% genbst.mbs (with options: `ay,har,nm-rev1,nmft-sc,dt-beg,yr-par,tit-qq,atit-u,thtit-a,volp-com,edby,blk-com,pp,ed,abr,and-com,nfss') -%% ---------------------------------------- -%% *** Econometrica style *** -%% -%% (Here are the specifications of the source file) -%% \def\filename{genbst.mbs} -%% \def\filedate{1994 July 1} -%% \def\fileversion{1.3} -%% For use with BibTeX version 0.99a or later, LaTeX version 2.09 -%%------------------------------------------------------------------- -%% NOTICE: -%% This file may be used for non-profit purposes. -%% It may not be distributed in exchange for money, -%% other than distribution costs. -%% -%% The author provides it `as is' and does not guarantee it in any way. -%% -%% Copyright (C) 1994 Patrick W. Daly -%% Max-Planck-Institut f\"ur Aeronomie -%% Postfach 20 -%% D-37189 Katlenburg-Lindau -%% Germany -%% -%% E-mail: -%% SPAN-- nsp::linmpi::daly (note nsp also known as ecd1) -%% Internet-- daly@linmpi.dnet.gwdg.de -%%----------------------------------------------------------- -%% \CharacterTable -%% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z -%% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z -%% Digits \0\1\2\3\4\5\6\7\8\9 -%% Exclamation \! Double quote \" Hash (number) \# -%% Dollar \$ Percent \% Ampersand \& -%% Acute accent \' Left paren \( Right paren \) -%% Asterisk \* Plus \+ Comma \, -%% Minus \- Point \. Solidus \/ -%% Colon \: Semicolon \; Less than \< -%% Equals \= Greater than \> Question mark \? -%% Commercial at \@ Left bracket \[ Backslash \\ -%% Right bracket \] Circumflex \^ Underscore \_ -%% Grave accent \` Left brace \{ Vertical bar \| -%% Right brace \} Tilde \~} -%%--------------------------------------------------------------------- - % This is an author-year citation style bibliography. As such, it is - % non-standard LaTeX, and requires a style option to function properly. - % The appropriate style file is: harvard.sty - % The form of the bibitem entries is - % \harvarditem[Jones et al.]{Jones, Baker, and Smith}{1990}{key}... - % There are style changes that may be specified in the text with - % the command \citationstyle. - % \citeasnoun{key} ==>> Jones et al. (1990) - % \cite{key} ==>> (Jones et al. 1990) - % \cite[chap. 2]{key} ==>> (Jones et al. 1990, chap. 2) - % On the first citation of any work, the full author list is used. -%%--------------------------------------------------------------------- - -ENTRY - { address - author - booktitle - chapter - edition - editor - howpublished - institution - journal - key - month - note - number - organization - pages - publisher - school - series - title - type - volume - year - } - {} - { label extra.label sort.label } %%%KCB: removed long.label - -INTEGERS { output.state before.all mid.sentence after.sentence after.block } - -%%%KCB: new output state, no.comma -INTEGERS { no.comma} - -FUNCTION {init.state.consts} -{ #0 'before.all := - #1 'mid.sentence := - #2 'after.sentence := - #3 'after.block := - #4 'no.comma := %%%KCB -} - -STRINGS { s t } - - -%%%KCB: revise to use new output state -FUNCTION {output.nonnull} -{ 's := - output.state no.comma = %%%KCB: if in this state, write a space - { " " * write$ before.all 'output.state := } %%%KCB - { output.state mid.sentence = %%%KCB: add brace at beginning - { ", " * write$ } - { output.state after.block = - { add.period$ write$ - newline$ - "\newblock " write$ - } - { output.state before.all = - 'write$ - { add.period$ " " * write$ } - if$ - } - if$ - } - if$ - mid.sentence 'output.state := - } %%%KCB: matching brace - if$ %%%KCB: test for no.comma state - s -} - -FUNCTION {output} -{ duplicate$ empty$ - 'pop$ - 'output.nonnull - if$ -} - -FUNCTION {output.check} -{ 't := - duplicate$ empty$ - { pop$ "empty " t * " in " * cite$ * warning$ } - 'output.nonnull - if$ -} - -FUNCTION {output.bibitem} -{ newline$ - "\harvarditem[" write$ - label write$ - "]{" label * "}{" * write$ %%%KCB: replaced long.label with label - year duplicate$ empty$ - { pop$ "????" } - 'skip$ - if$ - extra.label * "}{" * write$ - cite$ write$ - "}" write$ - newline$ - "" - before.all 'output.state := -} - -FUNCTION {fin.entry} -{ add.period$ - write$ - newline$ -} - -FUNCTION {new.block} -{ output.state before.all = - 'skip$ - { after.block 'output.state := } - if$ -} - -FUNCTION {new.sentence} -{ output.state after.block = - 'skip$ - { output.state before.all = - 'skip$ - { after.sentence 'output.state := } - if$ - } - if$ -} - -FUNCTION {not} -{ { #0 } - { #1 } - if$ -} - -FUNCTION {and} -{ 'skip$ - { pop$ #0 } - if$ -} - -FUNCTION {or} -{ { pop$ #1 } - 'skip$ - if$ -} - -FUNCTION {new.block.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.block - if$ -} - -FUNCTION {field.or.null} -{ duplicate$ empty$ - { pop$ "" } - 'skip$ - if$ -} - -FUNCTION {emphasize} -{ duplicate$ empty$ - { pop$ "" } - { "\emph{" swap$ * "}" * } - if$ -} - -INTEGERS { nameptr namesleft numnames } - -%%%KCB: Here is a portable set of routines to check for repeated authors -%%% and replace them with a 3 em dash -%%% According to _Chicago_Manual_of_Style_, a dash is used to -%%% replace an author's name only if the entire list is the same, so: -%%% Compare names. See if prev.name is identical to CurrList. -%%% If not, then just output CurrList. -%%% If so, replace with \BySame -%%% I use a conservative matching scheme, -%%% and check to see if full names are identical, -%%% even though we only use initials. -%%% This may mean that you have to correct your .bib database -%%% to ensure consistency. -%%% -%%% sample usage: -%%% search for {format.author} - -INTEGERS {currNum prevNum} - -STRINGS {PrevList CurrList prev.name PrevTemp CurrTemp} - -%%%KCB: Initialize prev.name ot some nonsense string: - -FUNCTION {init.prev.name} -{ -"My puppy Harley" 'prev.name := -} - -%%%KCB: Must EXECUTE {init.prev.name} after READ - -%%%KCB: compare.names -FUNCTION {compare.names} -{ prev.name 'PrevList := - duplicate$ 'prev.name := % make current list the new previous list - 'CurrList := - PrevList num.names$ 'prevNum := - CurrList num.names$ 'currNum := -% - prevNum currNum = %% If prevNum = currNum - { "" 'PrevTemp := %% Then take this branch - "" 'CurrTemp := - #1 'nameptr := %%% start with first name in each list - { nameptr prevNum > not }%% while nameptr <= prevNum -%% Format both lists the same way. -%% Use full names: bib file might need to be corrected - { - PrevList nameptr "{ff }{vv~}{ll}{ jj}" format.name$ PrevTemp * 'PrevTemp := - CurrList nameptr "{ff }{vv~}{ll}{ jj}" format.name$ CurrTemp * 'CurrTemp := - nameptr #1 + 'nameptr := } - while$ -%% Now compare : - PrevTemp CurrTemp = %% If PrevTemp = CurrTemp - { "\BySame{}" } - { CurrList } - if$ - } - { CurrList } %% If not prevNum = currNum - if$ %% If prevNum = currNum -} - -%%% -%%% -%%%KCB: End of new routine. - - -FUNCTION {format.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { s nameptr "{ff~}{vv~}{ll}{, jj}" format.name$ 't := } - { s nameptr "{vv~}{ll}{, jj}{, ff}" format.name$ 't := } - if$ - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - ", " * - t "others" = - { " et~al." * } - { " {and} " * t * } %%%CDC: removed \small - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - - -FUNCTION {format.names.ed} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr - "{ff~}{vv~}{ll}{, jj}" - format.name$ 't := - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - ", " * - t "others" = - { " et~al." * } - { " {and} " * t * } %%%CDC: removed \small - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {format.key} -{ empty$ - { key field.or.null } - { "" } - if$ -} - -FUNCTION {format.authors} -{ author empty$ - { "" } - { "\textsc{" author compare.names format.names * "} " * } - if$ -} - -FUNCTION {format.editors} -{ editor empty$ - { "" } - { "\textsc{" editor compare.names format.names * " }" * - editor num.names$ #1 > - { " (eds.)" * } - { " (ed.)" * } - if$ - } - if$ -} - -FUNCTION {format.in.editors} -{ editor empty$ - { "" } - { editor format.names.ed - } - if$ -} - -FUNCTION {format.title} -{ title empty$ - { "" } - { title - "``" swap$ * ",'' " * - } -no.comma 'output.state := %%%KCB: - if$ -} - -FUNCTION {n.dashify} -{ 't := - "" - { t empty$ not } - { t #1 #1 substring$ "-" = - { t #1 #2 substring$ "--" = not - { "--" * - t #2 global.max$ substring$ 't := - } - { { t #1 #1 substring$ "-" = } - { "-" * - t #2 global.max$ substring$ 't := - } - while$ - } - if$ - } - { t #1 #1 substring$ * - t #2 global.max$ substring$ 't := - } - if$ - } - while$ -} - -FUNCTION {word.in} -{ "in " } - -FUNCTION {format.date} -{ year duplicate$ empty$ - { "empty year in " cite$ * "; set to ????" * warning$ - pop$ "????" } - 'skip$ - if$ - " (" swap$ * extra.label * "):" * %%%KCB: added : - before.all 'output.state := %%%KCB: -} - -FUNCTION {format.btitle} -{ title emphasize -no.comma 'output.state := %%%KCB: -} - -FUNCTION {tie.or.space.connect} -{ duplicate$ text.length$ #3 < - { "~" } - { " " } - if$ - swap$ * * -} - -FUNCTION {either.or.check} -{ empty$ - 'pop$ - { "can't use both " swap$ * " fields in " * cite$ * warning$ } - if$ -} - -FUNCTION {format.bvolume} -{ volume empty$ - { "" } - { "vol." volume tie.or.space.connect - series empty$ - 'skip$ - { " of " * series emphasize * } - if$ - "volume and number" number either.or.check - } - if$ -} - -FUNCTION {format.number.series} -{ volume empty$ - { number empty$ - { series field.or.null } - { output.state mid.sentence = - { "no." } - { "No." } - if$ - number tie.or.space.connect - series empty$ - { "there's a number but no series in " cite$ * warning$ } - { " in " * series * } - if$ - } - if$ - } - { "" } - if$ -} - -FUNCTION {format.edition} -{ edition empty$ - { "" } - { output.state mid.sentence = - { edition "l" change.case$ " edn." * } - { edition "t" change.case$ " edn." * } - if$ - } - if$ -} - -INTEGERS { multiresult } - -FUNCTION {multi.page.check} -{ 't := - #0 'multiresult := - { multiresult not - t empty$ not - and - } - { t #1 #1 substring$ - duplicate$ "-" = - swap$ duplicate$ "," = - swap$ "+" = - or or - { #1 'multiresult := } - { t #2 global.max$ substring$ 't := } - if$ - } - while$ - multiresult -} - -FUNCTION {format.pages} -{ pages empty$ - { "" } - { pages multi.page.check - { "pp." pages n.dashify tie.or.space.connect } - { "p." pages tie.or.space.connect } - if$ - } - if$ -} - -FUNCTION {format.vol.num.pages} -{ volume field.or.null - number empty$ - 'skip$ - { "(" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - pages empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.pages } - { ", " * pages n.dashify * } - if$ - } - if$ -} - -FUNCTION {format.chapter.pages} -{ chapter empty$ - 'format.pages - { type empty$ - { "chap." } - { type "l" change.case$ } - if$ - chapter tie.or.space.connect - pages empty$ - 'skip$ - { ", " * format.pages * } - if$ - } - if$ -} - -FUNCTION {format.in.ed.booktitle} -{ booktitle empty$ - { "" } - { editor empty$ - { word.in booktitle emphasize * } - { word.in booktitle emphasize * ", ed. by " * %%%KCB: abbrv ed. - format.in.editors * } - if$ - } - if$ -} - -FUNCTION {format.thesis.type} -{ type empty$ - 'skip$ - { pop$ - type "t" change.case$ - } - if$ -} - -FUNCTION {format.tr.number} -{ type empty$ - { "Discussion Paper" } %%%KCB: changed default - 'type - if$ - number empty$ - { "t" change.case$ } - { number tie.or.space.connect } - if$ -} - -FUNCTION {format.article.crossref} -{ - word.in - "\cite{" * crossref * "}" * -} - -FUNCTION {format.book.crossref} -{ volume empty$ - { "empty volume in " cite$ * "'s crossref of " * crossref * warning$ - word.in - } - { "vol." volume tie.or.space.connect - " of " * - } - if$ - "\cite{" * crossref * "}" * -} - -FUNCTION {format.incoll.inproc.crossref} -{ - word.in - "\cite{" * crossref * "}" * -} - -FUNCTION {article} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {book} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - format.date "year" output.check - format.btitle "title" output.check - mid.sentence 'output.state := %%%KCB: - crossref missing$ - { format.bvolume output - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { - format.book.crossref output.nonnull - } - if$ - format.edition output - note output - fin.entry -} - -FUNCTION {booklet} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.title "title" output.check - howpublished output - address output - note output - fin.entry -} - -FUNCTION {inbook} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - format.date "year" output.check - format.btitle "title" output.check - crossref missing$ - { format.bvolume output - format.chapter.pages "chapter and pages" output.check - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { format.chapter.pages "chapter and pages" output.check - format.book.crossref output.nonnull - } - if$ - format.edition output - note output - fin.entry -} - -FUNCTION {incollection} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.chapter.pages output - new.sentence - publisher "publisher" output.check - address output - format.edition output - } - { format.incoll.inproc.crossref output.nonnull - format.chapter.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {inproceedings} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.pages output - address output - new.sentence - organization output - publisher output - } - { format.incoll.inproc.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {conference} { inproceedings } - -%%%KCB: special issue of a journal with a special editor - -FUNCTION {issue} -{ output.bibitem - format.editors output - editor format.key output - format.date "year" output.check - format.btitle "title" output.check - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - note output - fin.entry -} - -FUNCTION {manual} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.btitle "title" output.check - organization output - address output - format.edition output - note output - fin.entry -} - -FUNCTION {mastersthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - "Master's thesis" format.thesis.type output.nonnull - school "school" output.check - address output - note output - fin.entry -} - -FUNCTION {misc} -{ output.bibitem - format.authors output - author format.key output - format.date "year" output.check - format.title output - howpublished output - note output - fin.entry -} - -FUNCTION {phdthesis} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - "Ph.D. thesis" format.thesis.type output.nonnull - school "school" output.check - address output - note output - fin.entry -} - -FUNCTION {proceedings} -{ output.bibitem - format.editors output - editor format.key output - format.date "year" output.check - format.btitle "title" output.check - format.bvolume output - format.number.series output - address output - new.sentence - organization output - publisher output - note output - fin.entry -} - -FUNCTION {techreport} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - format.tr.number output.nonnull - institution "institution" output.check - address output - note output - fin.entry -} - -FUNCTION {unpublished} -{ output.bibitem - format.authors "author" output.check - author format.key output - format.date "year" output.check - format.title "title" output.check - note "note" output.check - fin.entry -} - -FUNCTION {default.type} { misc } - -MACRO {jan} {"January"} - -MACRO {feb} {"February"} - -MACRO {mar} {"March"} - -MACRO {apr} {"April"} - -MACRO {may} {"May"} - -MACRO {jun} {"June"} - -MACRO {jul} {"July"} - -MACRO {aug} {"August"} - -MACRO {sep} {"September"} - -MACRO {oct} {"October"} - -MACRO {nov} {"November"} - -MACRO {dec} {"December"} - -%%%KCB: removed computer science journal macros -%%%KCB: added following macros for editions -MACRO {first} {"1st "} -MACRO {second} {"2d "} -MACRO {third} {"3d "} -MACRO {fourth} {"4th "} -MACRO {fifth} {"5th "} -MACRO {sixth} {"6th"} -MACRO {seventh} {"7th "} -MACRO {eighth} {"8th "} -MACRO {ninth} {"9th "} -MACRO {tenth} {"10th "} - -READ - -FUNCTION {sortify} -{ purify$ - "l" change.case$ -} - -INTEGERS { len } - -FUNCTION {chop.word} -{ 's := - 'len := - s #1 len substring$ = - { s len #1 + global.max$ substring$ } - 's - if$ -} - - -%%%KCB: Change format of labels: -FUNCTION {format.lab.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr "{vv~}{ll}" format.name$ 't := - nameptr #1 > - { namesleft #1 > - { ", " * t * } - { numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -%%%KCB: removed FUNCTION {format.long.lab.names} - -FUNCTION {author.key.label} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.editor.key.label} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {editor.key.label} -{ editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.lab.names } - if$ -} - -%%%KCB: use entire year field as label - -FUNCTION {calc.label} -{ type$ "book" = - type$ "inbook" = - or - type$ "issue" = %%%KCB: need for new entry type - or %%%KCB - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.label - 'author.key.label - if$ - } - if$ - ", " - * - year field.or.null - * - 'label := -} - -FUNCTION {calc.short.label} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.label - 'author.key.label - if$ - } - if$ - 'label := -} - -%%%KCB: removed FUNCTION {calc.long.label} - -FUNCTION {sort.format.names} -{ 's := - #1 'nameptr := - "" - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { " " * } - 'skip$ - if$ - s nameptr - "{vv{ } }{ll{ }}{ f{ }}{ jj{ }}" - format.name$ 't := - nameptr numnames = t "others" = and - { "et al" * } - { t sortify * } - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {sort.format.title} -{ 't := - "A " #2 - "An " #3 - "The " #4 t chop.word - chop.word - chop.word - sortify - #1 global.max$ substring$ -} - -FUNCTION {author.sort} -{ author empty$ - { key empty$ - { "to sort, need author or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.editor.sort} -{ author empty$ - { editor empty$ - { key empty$ - { "to sort, need author, editor, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {editor.sort} -{ editor empty$ - { key empty$ - { "to sort, need editor or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ -} - -FUNCTION {presort} -{ calc.label - label sortify - " " - * - type$ "book" = - type$ "inbook" = - or - type$ "issue" = %%%KCB: need for new entry type - or %%%KCB - 'author.editor.sort - { type$ "proceedings" = - 'editor.sort - 'author.sort - if$ - } - if$ - #1 entry.max$ substring$ - 'sort.label := - sort.label - * - " " - * - title field.or.null - sort.format.title - * - #1 entry.max$ substring$ - 'sort.key$ := -} - -ITERATE {presort} - -SORT - -STRINGS { last.label next.extra } - -INTEGERS { last.extra.num } - -FUNCTION {initialize.extra.label.stuff} -{ #0 int.to.chr$ 'last.label := - "" 'next.extra := - #0 'last.extra.num := -} - -FUNCTION {forward.pass} -{ last.label label = - { last.extra.num #1 + 'last.extra.num := - last.extra.num int.to.chr$ 'extra.label := - } - { "a" chr.to.int$ 'last.extra.num := - "" 'extra.label := - label 'last.label := - } - if$ -} - -FUNCTION {reverse.pass} -{ next.extra "b" = - { "a" 'extra.label := } - 'skip$ - if$ - extra.label 'next.extra := -} - -EXECUTE {initialize.extra.label.stuff} - -EXECUTE {init.prev.name} %%%KCB: needed for replacing repeated authors - -ITERATE {forward.pass} - -REVERSE {reverse.pass} - -FUNCTION {bib.sort.order} -{ sort.label - " " - * - year field.or.null sortify - * - " " - * - title field.or.null - sort.format.title - * - #1 entry.max$ substring$ - 'sort.key$ := - calc.short.label -%%%KCB: removed calc.long.label -} - -ITERATE {bib.sort.order} - -SORT - -FUNCTION {begin.bib} -{ preamble$ empty$ - 'skip$ - { preamble$ write$ newline$ } - if$ -%%%KCB: add defn of \BySame, can be overridden in document -"\ifx\undefined\BySame" write$ newline$ - "\newcommand{\BySame}{\leavevmode\rule[.5ex]{3em}{.5pt}\ }" - write$ newline$ - "\fi" write$ newline$ -%%% KCB: For those who still cling to LaTeX 2.09 -"\ifx\undefined\textsc" write$ newline$ - "\newcommand{\textsc}[1]{{\sc #1}}" - write$ newline$ - "\newcommand{\emph}[1]{{\em #1\/}}" - write$ newline$ -"\let\tmpsmall\small" write$ newline$ -"\renewcommand{\small}{\tmpsmall\sc}" write$ newline$ - "\fi" write$ newline$ -%%% - "\begin{thebibliography}{}" write$ newline$ -} - -EXECUTE {begin.bib} - -EXECUTE {init.state.consts} - -ITERATE {call.type$} - -FUNCTION {end.bib} -{ newline$ - "\end{thebibliography}" write$ newline$ -"Done." top$ %%%KCB: Signal end for NeXTeX's TexView -} - -EXECUTE {end.bib} -%% End of customized bst file diff --git a/docs/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst b/docs/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst deleted file mode 100755 index fb0bb89d8..000000000 --- a/docs/texmf-local/bibtex/bst/unsrtnatTitlesFirst.bst +++ /dev/null @@ -1,1403 +0,0 @@ -%% -%% This is file `unsrtnat.bst', -%% generated with the docstrip utility. -%% -%% The original source files were: -%% -%% natbst.mbs (with options: `name-full,atit-lower,month-full,jour-full') -%% ---------------------------------------- -%% *** Version of `abbrv.bst' for use with natbib package *** -%% - % The original source file contains the following version information: - % \ProvidesFile{natbst.mbs}[1997/03/19 1.4 (PWD)] - - %% BibTeX `plainnat' family - %% version 0.99b for BibTeX versions 0.99a or later, LaTeX version 2.09. - %% - %% For use with the `natbib.sty' package; emulates the corresponding - %% member of the `plain' family, but with author-year citations. - %% - %% With version 6.0 of `natbib.sty', it may also be used for numerical - %% citations, while retaining the commands \citeauthor, \citefullauthor, - %% and \citeyear to print the corresponding information. - %% -ENTRY - { address - author - booktitle - chapter - edition - editor - howpublished - institution - journal - key - month - note - number - organization - pages - publisher - school - series - title - type - volume - year - } - {} - { label extra.label sort.label short.list } - -INTEGERS { output.state before.all mid.sentence after.sentence after.block } - -FUNCTION {init.state.consts} -{ #0 'before.all := - #1 'mid.sentence := - #2 'after.sentence := - #3 'after.block := -} - -STRINGS { s t } - -FUNCTION {output.nonnull} -{ 's := - output.state mid.sentence = - { " " * write$ } % CDC modified - previously it was a comma. - { output.state after.block = - { add.period$ write$ - newline$ - "\newblock " write$ - } - { output.state before.all = - 'write$ - { add.period$ " " * write$ } - if$ - } - if$ - mid.sentence 'output.state := - } - if$ - s -} - -FUNCTION {output} -{ duplicate$ empty$ - 'pop$ - 'output.nonnull - if$ -} - -FUNCTION {output.check} -{ 't := - duplicate$ empty$ - { pop$ "empty " t * " in " * cite$ * warning$ } - 'output.nonnull - if$ -} - -FUNCTION {fin.entry} -{ %add.period$ - write$ - newline$ -} - -FUNCTION {new.block} -{ output.state before.all = - 'skip$ - { after.block 'output.state := } - if$ -} - -FUNCTION {new.sentence} -{ output.state after.block = - 'skip$ - { output.state before.all = - 'skip$ - { after.sentence 'output.state := } - if$ - } - if$ -} - -FUNCTION {not} -{ { #0 } - { #1 } - if$ -} - -FUNCTION {and} -{ 'skip$ - { pop$ #0 } - if$ -} - -FUNCTION {or} -{ { pop$ #1 } - 'skip$ - if$ -} - -FUNCTION {new.block.checka} -{ empty$ - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.block.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.block - if$ -} - -FUNCTION {new.sentence.checka} -{ empty$ - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {new.sentence.checkb} -{ empty$ - swap$ empty$ - and - 'skip$ - 'new.sentence - if$ -} - -FUNCTION {field.or.null} -{ duplicate$ empty$ - { pop$ "" } - 'skip$ - if$ -} - -FUNCTION {emphasize} -{ duplicate$ empty$ - { pop$ "" } - { "{\em " swap$ * "}" * } - if$ -} - -INTEGERS { nameptr namesleft numnames } - -FUNCTION {format.names} -{ 's := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr "{ff~}{vv~}{ll}{, jj}" format.name$ 't := - nameptr #1 > - { namesleft #1 > - { ", " * t * } - { numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {format.authors} -{ author empty$ - { "" } - { author format.names } - if$ -} - -FUNCTION {format.editors} -{ editor empty$ - { "" } - { editor format.names - editor num.names$ #1 > - { ", editors" * } - { ", editor" * } - if$ - } - if$ -} - -% FUNCTION {format.title} -% { title empty$ -% { "" } -% { title "t" change.case$ } -% if$ -%} - -% CDC changed - originally it put article titles in lower case (as above) -% Got the following code from document called btex101.pdf - -FUNCTION {format.title} -{ - title "``" swap$ * ".'' " * % Put article title in quotes -} - -FUNCTION {format.full.names} -{'s := - #1 'nameptr := - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { s nameptr - "{vv~}{ll}" format.name$ 't := - nameptr #1 > - { - namesleft #1 > - { ", " * t * } - { - numnames #2 > - { "," * } - 'skip$ - if$ - t "others" = - { " et~al." * } - { " and " * t * } - if$ - } - if$ - } - 't - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {author.editor.key.full} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.full.names } - if$ - } - { author format.full.names } - if$ -} - -FUNCTION {author.key.full} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { author format.full.names } - if$ -} - -FUNCTION {editor.key.full} -{ editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - 'key - if$ - } - { editor format.full.names } - if$ -} - -FUNCTION {make.full.names} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.full - { type$ "proceedings" = - 'editor.key.full - 'author.key.full - if$ - } - if$ -} - -FUNCTION {output.bibitem} -{ newline$ - "\bibitem[" write$ - label write$ - ")" make.full.names duplicate$ short.list = - { pop$ } - { * } - if$ - "]{" * write$ - cite$ write$ - "}" write$ - newline$ - "" - before.all 'output.state := -} - -FUNCTION {n.dashify} -{ 't := - "" - { t empty$ not } - { t #1 #1 substring$ "-" = - { t #1 #2 substring$ "--" = not - { "--" * - t #2 global.max$ substring$ 't := - } - { { t #1 #1 substring$ "-" = } - { "-" * - t #2 global.max$ substring$ 't := - } - while$ - } - if$ - } - { t #1 #1 substring$ * - t #2 global.max$ substring$ 't := - } - if$ - } - while$ -} - -FUNCTION {format.date} -{ year duplicate$ empty$ - { "empty year in " cite$ * "; set to ????" * warning$ - pop$ "????" } - 'skip$ - if$ - month empty$ - 'skip$ - { month - " " * swap$ * - } - if$ - extra.label * -} - -FUNCTION {format.btitle} -{ title emphasize -} - -FUNCTION {tie.or.space.connect} -{ duplicate$ text.length$ #3 < - { "~" } - { " " } - if$ - swap$ * * -} - -FUNCTION {either.or.check} -{ empty$ - 'pop$ - { "can't use both " swap$ * " fields in " * cite$ * warning$ } - if$ -} - -FUNCTION {format.bvolume} -{ volume empty$ - { "" } - { "volume" volume tie.or.space.connect - series empty$ - 'skip$ - { " of " * series emphasize * } - if$ - "volume and number" number either.or.check - } - if$ -} - -FUNCTION {format.number.series} -{ volume empty$ - { number empty$ - { series field.or.null } - { output.state mid.sentence = - { "number" } - { "Number" } - if$ - number tie.or.space.connect - series empty$ - { "there's a number but no series in " cite$ * warning$ } - { " in " * series * } - if$ - } - if$ - } - { "" } - if$ -} - -FUNCTION {format.edition} -{ edition empty$ - { "" } - { output.state mid.sentence = - { edition "l" change.case$ " edition" * } - { edition "t" change.case$ " edition" * } - if$ - } - if$ -} - -INTEGERS { multiresult } - -FUNCTION {multi.page.check} -{ 't := - #0 'multiresult := - { multiresult not - t empty$ not - and - } - { t #1 #1 substring$ - duplicate$ "-" = - swap$ duplicate$ "," = - swap$ "+" = - or or - { #1 'multiresult := } - { t #2 global.max$ substring$ 't := } - if$ - } - while$ - multiresult -} - -FUNCTION {format.pages} -{ pages empty$ - { "" } - { pages multi.page.check - { "pages" pages n.dashify tie.or.space.connect } - { "page" pages tie.or.space.connect } - if$ - } - if$ -} - -FUNCTION {format.vol.num.pages} -{ volume field.or.null - number empty$ - 'skip$ - { "\penalty0 (" number * ")" * * - volume empty$ - { "there's a number but no volume in " cite$ * warning$ } - 'skip$ - if$ - } - if$ - pages empty$ - 'skip$ - { duplicate$ empty$ - { pop$ format.pages } - { ":\penalty0 " * pages n.dashify * } - if$ - } - if$ -} - -FUNCTION {format.chapter.pages} -{ chapter empty$ - 'format.pages - { type empty$ - { "chapter" } - { type "l" change.case$ } - if$ - chapter tie.or.space.connect - pages empty$ - 'skip$ - { ", " * format.pages * } - if$ - } - if$ -} - -FUNCTION {format.in.ed.booktitle} -{ booktitle empty$ - { "" } - { editor empty$ - { "In " booktitle emphasize * } - { "In " format.editors * ", " * booktitle emphasize * } - if$ - } - if$ -} - -FUNCTION {empty.misc.check} -{ author empty$ title empty$ howpublished empty$ - month empty$ year empty$ note empty$ - and and and and and - key empty$ not and - { "all relevant fields are empty in " cite$ * warning$ } - 'skip$ - if$ -} - -FUNCTION {format.thesis.type} -{ type empty$ - 'skip$ - { pop$ - type "t" change.case$ - } - if$ -} - -FUNCTION {format.tr.number} -{ type empty$ - { "Technical Report" } - 'type - if$ - number empty$ - { "t" change.case$ } - { number tie.or.space.connect } - if$ -} - -FUNCTION {format.article.crossref} -{ key empty$ - { journal empty$ - { "need key or journal for " cite$ * " to crossref " * crossref * - warning$ - "" - } - { "In {\em " journal * "\/}" * } - if$ - } - { "In " key * } - if$ - " \citep{" * crossref * "}" * -} - -FUNCTION {format.book.crossref} -{ volume empty$ - { "empty volume in " cite$ * "'s crossref of " * crossref * warning$ - "In " - } - { "Volume" volume tie.or.space.connect - " of " * - } - if$ - editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { series empty$ - { "need editor, key, or series for " cite$ * " to crossref " * - crossref * warning$ - "" * - } - { "{\em " * series * "\/}" * } - if$ - } - { key * } - if$ - } - 'skip$ - if$ - ", \citet{" * crossref * "}" * -} - -FUNCTION {format.incoll.inproc.crossref} -{ editor empty$ - editor field.or.null author field.or.null = - or - { key empty$ - { booktitle empty$ - { "need editor, key, or booktitle for " cite$ * " to crossref " * - crossref * warning$ - "" - } - { "In {\em " booktitle * "\/}" * } - if$ - } - { "In " key * } - if$ - } - { "In " } - if$ - " \citet{" * crossref * "}" * -} - -FUNCTION {article} -{ output.bibitem - format.title "title" output.check % CDC changed next 4 lines -% new.block - format.authors "author" output.check - new.block - crossref missing$ - { journal emphasize "journal" output.check - format.vol.num.pages output - format.date "(year)" output.check - } - { format.article.crossref output.nonnull - format.pages output - } - if$ - new.block - note output - fin.entry -} - -FUNCTION {book} -{ output.bibitem - format.btitle "title" output.check % CDC changed down to if$ - new.block - author empty$ - { format.editors "author and editor" output.check } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - crossref missing$ - { format.bvolume output - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {booklet} -{ output.bibitem - format.title "title" output.check % CDC changed down to format.authors -% new.block - format.authors output - howpublished address new.block.checkb - howpublished output - address output - format.date output - new.block - note output - fin.entry -} - -FUNCTION {inbook} -{ output.bibitem - format.btitle "title" output.check - new.block - author empty$ - { format.editors "author and editor" output.check } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - crossref missing$ - { format.bvolume output - format.chapter.pages "chapter and pages" output.check - new.block - format.number.series output - new.sentence - publisher "publisher" output.check - address output - } - { format.chapter.pages "chapter and pages" output.check - new.block - format.book.crossref output.nonnull - } - if$ - format.edition output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {incollection} -{ output.bibitem - format.title "title" output.check -% new.block - format.authors "author" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.chapter.pages output - new.sentence - publisher "publisher" output.check - address output - format.edition output - format.date "(year)" output.check - } - { format.incoll.inproc.crossref output.nonnull - format.chapter.pages output - } - if$ - new.block - note output - fin.entry -} - -FUNCTION {inproceedings} -{ output.bibitem - format.title "title" output.check -% new.block - format.authors "author" output.check - new.block - crossref missing$ - { format.in.ed.booktitle "booktitle" output.check - format.bvolume output - format.number.series output - format.pages output - address empty$ - { organization publisher new.sentence.checkb - organization output - publisher output - format.date "(year)" output.check - } - { address output.nonnull - format.date "(year)" output.check - new.sentence - organization output - publisher output - } - if$ - } - { format.incoll.inproc.crossref output.nonnull - format.pages output - } - if$ - new.block - note output - fin.entry -} - -FUNCTION {conference} { inproceedings } - -FUNCTION {manual} -{ output.bibitem - format.btitle "title" output.check - new.block - author empty$ - { organization empty$ - 'skip$ - { organization output.nonnull - address output - } - if$ - } - { format.authors output.nonnull } - if$ - author empty$ - { organization empty$ - { address new.block.checka - address output - } - 'skip$ - if$ - } - { organization address new.block.checkb - organization output - address output - } - if$ - format.edition output - format.date output - new.block - note output - fin.entry -} -FUNCTION {mastersthesis} -{ output.bibitem - format.authors "author" output.check - new.block - format.title "title" output.check - new.block - "Master's thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {misc} -{ output.bibitem - title howpublished new.block.checkb - format.title output - format.authors output - howpublished new.block.checka - howpublished output - format.date output - new.block - note output - fin.entry - empty.misc.check -} - -FUNCTION {phdthesis} -{ output.bibitem - format.btitle "title" output.check - new.block - format.authors "author" output.check - new.block - "PhD thesis" format.thesis.type output.nonnull - school "school" output.check - address output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {proceedings} -{ output.bibitem - format.btitle "title" output.check - new.block - editor empty$ - { organization output } - { format.editors output.nonnull } - if$ - format.bvolume output - format.number.series output - address empty$ - { editor empty$ - { publisher new.sentence.checka } - { organization publisher new.sentence.checkb - organization output - } - if$ - publisher output - format.date "(year)" output.check - } - { address output.nonnull - format.date "(year)" output.check - new.sentence - editor empty$ - 'skip$ - { organization output } - if$ - publisher output - } - if$ - new.block - note output - fin.entry -} - -FUNCTION {techreport} -{ output.bibitem - format.authors "author" output.check - new.block - format.title "title" output.check -% new.block - format.tr.number output.nonnull - institution "institution" output.check - address output - format.date "(year)" output.check - new.block - note output - fin.entry -} - -FUNCTION {unpublished} -{ output.bibitem - format.title "title" output.check -% new.block - format.authors "author" output.check - new.block - note "note" output.check - format.date output - fin.entry -} - -% CDC added the functions below, from econometrica.bst - -FUNCTION {format.date.nocolon} -{ year duplicate$ empty$ - { "empty year in " cite$ * "; set to ????" * warning$ - pop$ "????" } - 'skip$ - if$ - " (" swap$ * extra.label * ")" * %%%KCB: added : - before.all 'output.state := %%%KCB: -} - - -FUNCTION {format.key} -{ empty$ - { key field.or.null } - { "" } - if$ -} - - -FUNCTION {bookreview} -{ output.bibitem - author empty$ - { format.editors "author and editor" output.check - editor format.key output - } - { format.authors output.nonnull - crossref missing$ - { "author and editor" editor either.or.check } - 'skip$ - if$ - } - if$ - author format.key output - format.btitle "title" output.check - note output - crossref missing$ - { journal emphasize "journal" output.check - format.date.nocolon "(year)" output.check - format.vol.num.pages output - } - { format.article.crossref output.nonnull - format.date.nocolon "(year)" output.check - format.pages output - } - if$ - fin.entry -} - -FUNCTION {inprogress} -{ output.bibitem - format.title "title" output.check % CDC changed next 4 lines -% new.block -% format.authors "author" output.check -% new.block - note output - fin.entry -} - - -FUNCTION {miscnoyear} % Defined by CDC 09/09/03, purpose being to allow insertion of text in a bibliography -{ output.bibitem -% format.title output -% format.authors output -% author format.key output -% format.date.nocolon "(year)" output.check - howpublished output - note output - fin.entry -} - - - - -FUNCTION {default.type} { misc } - - -MACRO {jan} {"January"} - -MACRO {feb} {"February"} - -MACRO {mar} {"March"} - -MACRO {apr} {"April"} - -MACRO {may} {"May"} - -MACRO {jun} {"June"} - -MACRO {jul} {"July"} - -MACRO {aug} {"August"} - -MACRO {sep} {"September"} - -MACRO {oct} {"October"} - -MACRO {nov} {"November"} - -MACRO {dec} {"December"} - - - -MACRO {acmcs} {"ACM Computing Surveys"} - -MACRO {acta} {"Acta Informatica"} - -MACRO {cacm} {"Communications of the ACM"} - -MACRO {ibmjrd} {"IBM Journal of Research and Development"} - -MACRO {ibmsj} {"IBM Systems Journal"} - -MACRO {ieeese} {"IEEE Transactions on Software Engineering"} - -MACRO {ieeetc} {"IEEE Transactions on Computers"} - -MACRO {ieeetcad} - {"IEEE Transactions on Computer-Aided Design of Integrated Circuits"} - -MACRO {ipl} {"Information Processing Letters"} - -MACRO {jacm} {"Journal of the ACM"} - -MACRO {jcss} {"Journal of Computer and System Sciences"} - -MACRO {scp} {"Science of Computer Programming"} - -MACRO {sicomp} {"SIAM Journal on Computing"} - -MACRO {tocs} {"ACM Transactions on Computer Systems"} - -MACRO {tods} {"ACM Transactions on Database Systems"} - -MACRO {tog} {"ACM Transactions on Graphics"} - -MACRO {toms} {"ACM Transactions on Mathematical Software"} - -MACRO {toois} {"ACM Transactions on Office Information Systems"} - -MACRO {toplas} {"ACM Transactions on Programming Languages and Systems"} - -MACRO {tcs} {"Theoretical Computer Science"} - - -READ - -FUNCTION {sortify} -{ purify$ - "l" change.case$ -} - -INTEGERS { len } - -FUNCTION {chop.word} -{ 's := - 'len := - s #1 len substring$ = - { s len #1 + global.max$ substring$ } - 's - if$ -} - -FUNCTION {format.lab.names} -{ 's := - s #1 "{vv~}{ll}" format.name$ - s num.names$ duplicate$ - #2 > - { pop$ " et~al." * } - { #2 < - 'skip$ - { s #2 "{ff }{vv }{ll}{ jj}" format.name$ "others" = - { " et~al." * } - { " and " * s #2 "{vv~}{ll}" format.name$ * } - if$ - } - if$ - } - if$ -} - -FUNCTION {author.key.label} -{ author empty$ - { key empty$ - { cite$ #1 #3 substring$ } - { key #3 text.prefix$ } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.editor.key.label} -{ author empty$ - { editor empty$ - { key empty$ - { cite$ #1 #3 substring$ } - { key #3 text.prefix$ } - if$ - } - { editor format.lab.names } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {author.key.organization.label} -{ author empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - { key #3 text.prefix$ } - if$ - } - { author format.lab.names } - if$ -} - -FUNCTION {editor.key.organization.label} -{ editor empty$ - { key empty$ - { organization empty$ - { cite$ #1 #3 substring$ } - { "The " #4 organization chop.word #3 text.prefix$ } - if$ - } - { key #3 text.prefix$ } - if$ - } - { editor format.lab.names } - if$ -} - -FUNCTION {calc.short.authors} -{ type$ "book" = - type$ "inbook" = - or - 'author.editor.key.label - { type$ "proceedings" = - 'editor.key.organization.label - { type$ "manual" = - 'author.key.organization.label - 'author.key.label - if$ - } - if$ - } - if$ - 'short.list := -} - -FUNCTION {calc.label} -{ calc.short.authors - short.list - "(" - * - year duplicate$ empty$ - { pop$ "????" } - 'skip$ - if$ - * - 'label := -} - -FUNCTION {sort.format.names} -{ 's := - #1 'nameptr := - "" - s num.names$ 'numnames := - numnames 'namesleft := - { namesleft #0 > } - { nameptr #1 > - { " " * } - 'skip$ - if$ - s nameptr "{vv{ } }{ll{ }}{ ff{ }}{ jj{ }}" format.name$ 't := - nameptr numnames = t "others" = and - { "et al" * } - { t sortify * } - if$ - nameptr #1 + 'nameptr := - namesleft #1 - 'namesleft := - } - while$ -} - -FUNCTION {sort.format.title} -{ 't := - "A " #2 - "An " #3 - "The " #4 t chop.word - chop.word - chop.word - sortify - #1 global.max$ substring$ -} - -FUNCTION {author.sort} -{ author empty$ - { key empty$ - { "to sort, need author or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.editor.sort} -{ author empty$ - { editor empty$ - { key empty$ - { "to sort, need author, editor, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { editor sort.format.names } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {author.organization.sort} -{ author empty$ - { organization empty$ - { key empty$ - { "to sort, need author, organization, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { "The " #4 organization chop.word sortify } - if$ - } - { author sort.format.names } - if$ -} - -FUNCTION {editor.organization.sort} -{ editor empty$ - { organization empty$ - { key empty$ - { "to sort, need editor, organization, or key in " cite$ * warning$ - "" - } - { key sortify } - if$ - } - { "The " #4 organization chop.word sortify } - if$ - } - { editor sort.format.names } - if$ -} - -INTEGERS { seq.num } - -FUNCTION {init.seq} -{ #0 'seq.num :=} - -EXECUTE {init.seq} - -FUNCTION {int.to.fix} -{ "000000000" swap$ int.to.str$ * - #-1 #10 substring$ -} - -FUNCTION {presort} -{ calc.label - label sortify - " " - * - seq.num #1 + 'seq.num := - seq.num int.to.fix - 'sort.label := - sort.label * - #1 entry.max$ substring$ - 'sort.key$ := -} - -ITERATE {presort} - -SORT - -STRINGS { longest.label last.label next.extra } - -INTEGERS { longest.label.width last.extra.num number.label } - -FUNCTION {initialize.longest.label} -{ "" 'longest.label := - #0 int.to.chr$ 'last.label := - "" 'next.extra := - #0 'longest.label.width := - #0 'last.extra.num := - #0 'number.label := -} - -FUNCTION {forward.pass} -{ last.label label = - { last.extra.num #1 + 'last.extra.num := - last.extra.num int.to.chr$ 'extra.label := - } - { "a" chr.to.int$ 'last.extra.num := - "" 'extra.label := - label 'last.label := - } - if$ - number.label #1 + 'number.label := -} - -FUNCTION {reverse.pass} -{ next.extra "b" = - { "a" 'extra.label := } - 'skip$ - if$ - extra.label 'next.extra := - extra.label - duplicate$ empty$ - 'skip$ - { "{\natexlab{" swap$ * "}}" * } - if$ - 'extra.label := - label extra.label * 'label := -} - -EXECUTE {initialize.longest.label} - -ITERATE {forward.pass} - -REVERSE {reverse.pass} - -FUNCTION {bib.sort.order} -{ sort.label 'sort.key$ := -} - -ITERATE {bib.sort.order} - -SORT - -FUNCTION {begin.bib} -{ preamble$ empty$ - 'skip$ - { preamble$ write$ newline$ } - if$ - "\begin{thebibliography}{" number.label int.to.str$ * "}" * - write$ newline$ - "\expandafter\ifx\csname natexlab\endcsname\relax\def\natexlab#1{#1}\fi" - write$ newline$ -} - -EXECUTE {begin.bib} - -EXECUTE {init.state.consts} - -ITERATE {call.type$} - -FUNCTION {end.bib} -{ newline$ - "\end{thebibliography}" write$ newline$ -} - -EXECUTE {end.bib} -%% End of customized bst file -%% -%% End of file `unsrtnat.bst'. diff --git a/docs/texmf-local/ls-R b/docs/texmf-local/ls-R deleted file mode 100644 index 60a099413..000000000 --- a/docs/texmf-local/ls-R +++ /dev/null @@ -1,97 +0,0 @@ -% ls-R -- filename database for kpathsea; do not change this line. -./: -bibtex -ls-R -tex -web2c - -./bibtex: -.DS_Store -.gitkeep -bib -bst - -./bibtex/bib: -.DS_Store -.gitkeep -auto -economics-UTF8.bib -economics.bib - -./bibtex/bib/auto: -economics.el - -./bibtex/bst: -.gitkeep -econtex.bst -handout.bst -unsrtnatTitlesFirst.bst - - -./tex: -.gitkeep -latex -plain - -./tex/latex: -.DS_Store -.gitkeep -ReadMe.texmf -articleNoRefHead.cls -auto -bibMake.tex -cvBibMake.tex -econtex.cls -econtex.sty -econtexBibMake.tex -econtexSetup.sty -econtexShortcuts.sty -econtexShortcuts_undo.sh -handout.cls -handout.sty -handoutBibMake.tex -handoutSetup.sty -handoutshortcuts.sty -makePostHandoutsStart.tex -printvrb.sty -snapshot.sty -tex4ht -tex4htMakeCFG.sh -texmf-local -titlesec.sty - -./tex/latex/auto: -econtexSetup.el - -./tex/latex/tex4ht: -pictureenv.4ht -svg-math-and-subfigures.cfg -svg-math-and-subfigures_20200110_svg-preferred-does-not-work.cfg -svg-math-and-subfigures_latin1.cfg -svg-set-size-to-1p0.mk4 - -./tex/latex/texmf-local: -.gitkeep -tex - -./tex/latex/texmf-local/tex: -.gitkeep -latex - -./tex/latex/texmf-local/tex/latex: -.gitkeep -econtex.cls -econtex.sty -econtexBibMake.tex -econtexSetup.sty -econtexShortcuts.sty -handout.cls -handoutSetup.sty -handoutShortcuts.sty - -./tex/plain: -.gitkeep - -./web2c: -texmf.cnf -texmf_orig.cnf diff --git a/docs/texmf-local/tex/latex/ReadMe.texmf b/docs/texmf-local/tex/latex/ReadMe.texmf deleted file mode 100644 index 9485d0cf2..000000000 --- a/docs/texmf-local/tex/latex/ReadMe.texmf +++ /dev/null @@ -1,20 +0,0 @@ -The .tex files in this directory compile properly using pdflatex on TeXLive 2010 for either Mac or Windows, using TeXLive -You will likely need the "full" distribution of TeXLive, as many obscure tex packages are used - --- Emacs with AucTeX defaults to plain LaTeX (generating a dvi file as output), you will need to have evaluated the command (setq TeX-PDF-mode t) at some point before compiling in order to make pdflatex be used instead. - --- Compilation of the LaTeX document requires LaTeX to have permissions to write to files outside of its own directory; in your texmf.cnf file, add the lines: -openout_any = a -shell_escape = t - -to your local texmf.cnf configuration file. On a standard MacTeX TeXLive distribution, this file is at - -/usr/local/texlive/[year]/texmf.cnf - -while on a standard Windows 7 installation it is at - -C:\texlive\[year]\texmf.cnf - -where [year] is, e.g., 2010 if you have TeXLive-2010 installed. - -Depending on details of your installation, you may need to modify other security preferences as well. diff --git a/docs/texmf-local/tex/latex/articleNoRefHead.cls b/docs/texmf-local/tex/latex/articleNoRefHead.cls deleted file mode 100755 index 979b08d97..000000000 --- a/docs/texmf-local/tex/latex/articleNoRefHead.cls +++ /dev/null @@ -1 +0,0 @@ -%% %% This is file `article.cls', %% generated with the docstrip utility. %% %% The original source files were: %% %% classes.dtx (with options: `article') %% %% This is a generated file. %% %% Copyright 1993 1994 1995 1996 1997 1998 1999 %% The LaTeX3 Project and any individual authors listed elsewhere %% in this file. %% %% This file is part of the LaTeX base system. %% ------------------------------------------- %% %% It may be distributed and/or modified under the %% conditions of the LaTeX Project Public License, either version 1.1 %% of this license or (at your option) any later version. %% The latest version of this license is in %% http://www.latex-project.org/lppl.txt %% and version 1.1 or later is part of all distributions of LaTeX %% version 1999/06/01 or later. %% %% The list of all files belonging to the LaTeX base distribution is %% given in the file `manifest.txt'. See also `legal.txt' for additional %% information. %% %% \CharacterTable %% {Upper-case \A\B\C\D\E\F\G\H\I\J\K\L\M\N\O\P\Q\R\S\T\U\V\W\X\Y\Z %% Lower-case \a\b\c\d\e\f\g\h\i\j\k\l\m\n\o\p\q\r\s\t\u\v\w\x\y\z %% Digits \0\1\2\3\4\5\6\7\8\9 %% Exclamation \! Double quote \" Hash (number) \# %% Dollar \$ Percent \% Ampersand \& %% Acute accent \' Left paren \( Right paren \) %% Asterisk \* Plus \+ Comma \, %% Minus \- Point \. Solidus \/ %% Colon \: Semicolon \; Less than \< %% Equals \= Greater than \> Question mark \? %% Commercial at \@ Left bracket \[ Backslash \\ %% Right bracket \] Circumflex \^ Underscore \_ %% Grave accent \` Left brace \{ Vertical bar \| %% Right brace \} Tilde \~} \NeedsTeXFormat{LaTeX2e}[1995/12/01] \ProvidesClass{articleNoRefHead} [1999/01/07 v1.4a Standard LaTeX document class] \newcommand\@ptsize{} \newif\if@restonecol \newif\if@titlepage \@titlepagefalse \if@compatibility\else \DeclareOption{a4paper} {\setlength\paperheight {297mm}% \setlength\paperwidth {210mm}} \DeclareOption{a5paper} {\setlength\paperheight {210mm}% \setlength\paperwidth {148mm}} \DeclareOption{b5paper} {\setlength\paperheight {250mm}% \setlength\paperwidth {176mm}} \DeclareOption{letterpaper} {\setlength\paperheight {11in}% \setlength\paperwidth {8.5in}} \DeclareOption{legalpaper} {\setlength\paperheight {14in}% \setlength\paperwidth {8.5in}} \DeclareOption{executivepaper} {\setlength\paperheight {10.5in}% \setlength\paperwidth {7.25in}} \DeclareOption{landscape} {\setlength\@tempdima {\paperheight}% \setlength\paperheight {\paperwidth}% \setlength\paperwidth {\@tempdima}} \fi \if@compatibility \renewcommand\@ptsize{0} \else \DeclareOption{10pt}{\renewcommand\@ptsize{0}} \fi \DeclareOption{11pt}{\renewcommand\@ptsize{1}} \DeclareOption{12pt}{\renewcommand\@ptsize{2}} \if@compatibility\else \DeclareOption{oneside}{\@twosidefalse \@mparswitchfalse} \fi \DeclareOption{twoside}{\@twosidetrue \@mparswitchtrue} \DeclareOption{draft}{\setlength\overfullrule{5pt}} \if@compatibility\else \DeclareOption{final}{\setlength\overfullrule{0pt}} \fi \DeclareOption{titlepage}{\@titlepagetrue} \if@compatibility\else \DeclareOption{notitlepage}{\@titlepagefalse} \fi \if@compatibility\else \DeclareOption{onecolumn}{\@twocolumnfalse} \fi \DeclareOption{twocolumn}{\@twocolumntrue} \DeclareOption{leqno}{\input{leqno.clo}} \DeclareOption{fleqn}{\input{fleqn.clo}} \DeclareOption{openbib}{% \AtEndOfPackage{% \renewcommand\@openbib@code{% \advance\leftmargin\bibindent \itemindent -\bibindent \listparindent \itemindent \parsep \z@ }% \renewcommand\newblock{\par}}% } \ExecuteOptions{letterpaper,10pt,oneside,onecolumn,final} \ProcessOptions \input{size1\@ptsize.clo} \setlength\lineskip{1\p@} \setlength\normallineskip{1\p@} \renewcommand\baselinestretch{} \setlength\parskip{0\p@ \@plus \p@} \@lowpenalty 51 \@medpenalty 151 \@highpenalty 301 \setcounter{topnumber}{2} \renewcommand\topfraction{.7} \setcounter{bottomnumber}{1} \renewcommand\bottomfraction{.3} \setcounter{totalnumber}{3} \renewcommand\textfraction{.2} \renewcommand\floatpagefraction{.5} \setcounter{dbltopnumber}{2} \renewcommand\dbltopfraction{.7} \renewcommand\dblfloatpagefraction{.5} \if@twoside \def\ps@headings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markboth {\MakeUppercase{% \ifnum \c@secnumdepth >\z@ \thesection\quad \fi ##1}}{}}% \def\subsectionmark##1{% \markright {% \ifnum \c@secnumdepth >\@ne \thesubsection\quad \fi ##1}}} \else \def\ps@headings{% \let\@oddfoot\@empty \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\markboth \def\sectionmark##1{% \markright {\MakeUppercase{% \ifnum \c@secnumdepth >\m@ne \thesection\quad \fi ##1}}}} \fi \def\ps@myheadings{% \let\@oddfoot\@empty\let\@evenfoot\@empty \def\@evenhead{\thepage\hfil\slshape\leftmark}% \def\@oddhead{{\slshape\rightmark}\hfil\thepage}% \let\@mkboth\@gobbletwo \let\sectionmark\@gobble \let\subsectionmark\@gobble } \if@titlepage \newcommand\maketitle{\begin{titlepage}% \let\footnotesize\small \let\footnoterule\relax \let \footnote \thanks \null\vfil \vskip 60\p@ \begin{center}% {\LARGE \@title \par}% \vskip 3em% {\large \lineskip .75em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1.5em% {\large \@date \par}% % Set date in \large size. \end{center}\par \@thanks \vfil\null \end{titlepage}% \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \else \newcommand\maketitle{\par \begingroup \renewcommand\thefootnote{\@fnsymbol\c@footnote}% \def\@makefnmark{\rlap{\@textsuperscript{\normalfont\@thefnmark}}}% \long\def\@makefntext##1{\parindent 1em\noindent \hb@xt@1.8em{% \hss\@textsuperscript{\normalfont\@thefnmark}}##1}% \if@twocolumn \ifnum \col@number=\@ne \@maketitle \else \twocolumn[\@maketitle]% \fi \else \newpage \global\@topnum\z@ % Prevents figures from going at top of page. \@maketitle \fi \thispagestyle{plain}\@thanks \endgroup \setcounter{footnote}{0}% \global\let\thanks\relax \global\let\maketitle\relax \global\let\@maketitle\relax \global\let\@thanks\@empty \global\let\@author\@empty \global\let\@date\@empty \global\let\@title\@empty \global\let\title\relax \global\let\author\relax \global\let\date\relax \global\let\and\relax } \def\@maketitle{% \newpage \null \vskip 2em% \begin{center}% \let \footnote \thanks {\LARGE \@title \par}% \vskip 1.5em% {\large \lineskip .5em% \begin{tabular}[t]{c}% \@author \end{tabular}\par}% \vskip 1em% {\large \@date}% \end{center}% \par \vskip 1.5em} \fi \setcounter{secnumdepth}{3} \newcounter {part} \newcounter {section} \newcounter {subsection}[section] \newcounter {subsubsection}[subsection] \newcounter {paragraph}[subsubsection] \newcounter {subparagraph}[paragraph] \renewcommand \thepart {\@Roman\c@part} \renewcommand \thesection {}%\@arabic\c@section} \renewcommand\thesubsection {\thesection.\@arabic\c@subsection} \renewcommand\thesubsubsection{\thesubsection .\@arabic\c@subsubsection} \renewcommand\theparagraph {\thesubsubsection.\@arabic\c@paragraph} \renewcommand\thesubparagraph {\theparagraph.\@arabic\c@subparagraph} \newcommand\part{% \if@noskipsec \leavevmode \fi \par \addvspace{4ex}% \@afterindentfalse \secdef\@part\@spart} \def\@part[#1]#2{% \ifnum \c@secnumdepth >\m@ne \refstepcounter{part}% \addcontentsline{toc}{part}{\thepart\hspace{1em}#1}% \else \addcontentsline{toc}{part}{#1}% \fi {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \ifnum \c@secnumdepth >\m@ne \Large\bfseries \partname~\thepart \par\nobreak \fi \huge \bfseries #2% \markboth{}{}\par}% \nobreak \vskip 3ex \@afterheading} \def\@spart#1{% {\parindent \z@ \raggedright \interlinepenalty \@M \normalfont \huge \bfseries #1\par}% \nobreak \vskip 3ex \@afterheading} \newcommand\section{\@startsection{section}{1}{ \z@} % {-3.5ex \@plus -1ex \@minus -.2ex}% {2.3ex \@plus.2ex}% {\normalfont\Large\bfseries}} \newcommand\subsection{\@startsection{subsection}{2}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\large\bfseries}} \newcommand\subsubsection{\@startsection{subsubsection}{3}{\z@}% {-3.25ex\@plus -1ex \@minus -.2ex}% {1.5ex \@plus .2ex}% {\normalfont\normalsize\bfseries}} \newcommand\paragraph{\@startsection{paragraph}{4}{\z@}% {3.25ex \@plus1ex \@minus.2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \newcommand\subparagraph{\@startsection{subparagraph}{5}{\parindent}% {3.25ex \@plus1ex \@minus .2ex}% {-1em}% {\normalfont\normalsize\bfseries}} \if@twocolumn \setlength\leftmargini {2em} \else \setlength\leftmargini {2.5em} \fi \leftmargin \leftmargini \setlength\leftmarginii {2.2em} \setlength\leftmarginiii {1.87em} \setlength\leftmarginiv {1.7em} \if@twocolumn \setlength\leftmarginv {.5em} \setlength\leftmarginvi {.5em} \else \setlength\leftmarginv {1em} \setlength\leftmarginvi {1em} \fi \setlength \labelsep {.5em} \setlength \labelwidth{\leftmargini} \addtolength\labelwidth{-\labelsep} \@beginparpenalty -\@lowpenalty \@endparpenalty -\@lowpenalty \@itempenalty -\@lowpenalty \renewcommand\theenumi{\@arabic\c@enumi} \renewcommand\theenumii{\@alph\c@enumii} \renewcommand\theenumiii{\@roman\c@enumiii} \renewcommand\theenumiv{\@Alph\c@enumiv} \newcommand\labelenumi{\theenumi.} \newcommand\labelenumii{(\theenumii)} \newcommand\labelenumiii{\theenumiii.} \newcommand\labelenumiv{\theenumiv.} \renewcommand\p@enumii{\theenumi} \renewcommand\p@enumiii{\theenumi(\theenumii)} \renewcommand\p@enumiv{\p@enumiii\theenumiii} \newcommand\labelitemi{\textbullet} \newcommand\labelitemii{\normalfont\bfseries \textendash} \newcommand\labelitemiii{\textasteriskcentered} \newcommand\labelitemiv{\textperiodcentered} \newenvironment{description} {\list{}{\labelwidth\z@ \itemindent-\leftmargin \let\makelabel\descriptionlabel}} {\endlist} \newcommand*\descriptionlabel[1]{\hspace\labelsep \normalfont\bfseries #1} \if@titlepage \newenvironment{abstract}{% \titlepage \null\vfil \@beginparpenalty\@lowpenalty \begin{center}% \bfseries \abstractname \@endparpenalty\@M \end{center}}% {\par\vfil\null\endtitlepage} \else \newenvironment{abstract}{% \if@twocolumn \section*{\abstractname}% \else \small \begin{center}% {\bfseries \abstractname\vspace{-.5em}\vspace{\z@}}% \end{center}% \quotation \fi} {\if@twocolumn\else\endquotation\fi} \fi \newenvironment{verse} {\let\\\@centercr \list{}{\itemsep \z@ \itemindent -1.5em% \listparindent\itemindent \rightmargin \leftmargin \advance\leftmargin 1.5em}% \item\relax} {\endlist} \newenvironment{quotation} {\list{}{\listparindent 1.5em% \itemindent \listparindent \rightmargin \leftmargin \parsep \z@ \@plus\p@}% \item\relax} {\endlist} \newenvironment{quote} {\list{}{\rightmargin\leftmargin}% \item\relax} {\endlist} \if@compatibility \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\z@ }% {\if@restonecol\twocolumn \else \newpage \fi } \else \newenvironment{titlepage} {% \if@twocolumn \@restonecoltrue\onecolumn \else \@restonecolfalse\newpage \fi \thispagestyle{empty}% \setcounter{page}\@ne }% {\if@restonecol\twocolumn \else \newpage \fi \if@twoside\else \setcounter{page}\@ne \fi } \fi \newcommand\appendix{\par \setcounter{section}{0}% \setcounter{subsection}{0}% \gdef\thesection{\@Alph\c@section}} \setlength\arraycolsep{5\p@} \setlength\tabcolsep{6\p@} \setlength\arrayrulewidth{.4\p@} \setlength\doublerulesep{2\p@} \setlength\tabbingsep{\labelsep} \skip\@mpfootins = \skip\footins \setlength\fboxsep{3\p@} \setlength\fboxrule{.4\p@} \renewcommand \theequation {\@arabic\c@equation} \newcounter{figure} \renewcommand \thefigure {\@arabic\c@figure} \def\fps@figure{tbp} \def\ftype@figure{1} \def\ext@figure{lof} \def\fnum@figure{\figurename~\thefigure} \newenvironment{figure} {\@float{figure}} {\end@float} \newenvironment{figure*} {\@dblfloat{figure}} {\end@dblfloat} \newcounter{table} \renewcommand\thetable{\@arabic\c@table} \def\fps@table{tbp} \def\ftype@table{2} \def\ext@table{lot} \def\fnum@table{\tablename~\thetable} \newenvironment{table} {\@float{table}} {\end@float} \newenvironment{table*} {\@dblfloat{table}} {\end@dblfloat} \newlength\abovecaptionskip \newlength\belowcaptionskip \setlength\abovecaptionskip{10\p@} \setlength\belowcaptionskip{0\p@} \long\def\@makecaption#1#2{% \vskip\abovecaptionskip \sbox\@tempboxa{#1: #2}% \ifdim \wd\@tempboxa >\hsize #1: #2\par \else \global \@minipagefalse \hb@xt@\hsize{\hfil\box\@tempboxa\hfil}% \fi \vskip\belowcaptionskip} \DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} \DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} \DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} \DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} \DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} \DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} \DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} \DeclareRobustCommand*\cal{\@fontswitch\relax\mathcal} \DeclareRobustCommand*\mit{\@fontswitch\relax\mathnormal} \newcommand\@pnumwidth{1.55em} \newcommand\@tocrmarg{2.55em} \newcommand\@dotsep{4.5} \setcounter{tocdepth}{3} \newcommand\tableofcontents{% \section*{\contentsname \@mkboth{% \MakeUppercase\contentsname}{\MakeUppercase\contentsname}}% \@starttoc{toc}% } \newcommand*\l@part[2]{% \ifnum \c@tocdepth >-2\relax \addpenalty\@secpenalty \addvspace{2.25em \@plus\p@}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth {\leavevmode \large \bfseries #1\hfil \hb@xt@\@pnumwidth{\hss #2}}\par \nobreak \if@compatibility \global\@nobreaktrue \everypar{\global\@nobreakfalse\everypar{}}% \fi \endgroup \fi} \newcommand*\l@section[2]{% \ifnum \c@tocdepth >\z@ \addpenalty\@secpenalty \addvspace{1.0em \@plus\p@}% \setlength\@tempdima{1.5em}% \begingroup \parindent \z@ \rightskip \@pnumwidth \parfillskip -\@pnumwidth \leavevmode \bfseries \advance\leftskip\@tempdima \hskip -\leftskip #1\nobreak\hfil \nobreak\hb@xt@\@pnumwidth{\hss #2}\par \endgroup \fi} \newcommand*\l@subsection{\@dottedtocline{2}{1.5em}{2.3em}} \newcommand*\l@subsubsection{\@dottedtocline{3}{3.8em}{3.2em}} \newcommand*\l@paragraph{\@dottedtocline{4}{7.0em}{4.1em}} \newcommand*\l@subparagraph{\@dottedtocline{5}{10em}{5em}} \newcommand\listoffigures{% \section*{\listfigurename \@mkboth{\MakeUppercase\listfigurename}% {\MakeUppercase\listfigurename}}% \@starttoc{lof}% } \newcommand*\l@figure{\@dottedtocline{1}{1.5em}{2.3em}} \newcommand\listoftables{% \section*{\listtablename \@mkboth{% \MakeUppercase\listtablename}{\MakeUppercase\listtablename}}% \@starttoc{lot}% } \let\l@table\l@figure \newdimen\bibindent \setlength\bibindent{1.5em} \newenvironment{thebibliography}[1] { \section{\refname} % \@mkboth{\MakeUppercase\refname}{\MakeUppercase\refname}}% \list{}%\@biblabel{\@arabic\c@enumiv} {\settowidth\labelwidth{\@biblabel{#1}}% \leftmargin\labelwidth \advance\leftmargin\labelsep \@openbib@code \usecounter{enumiv}% \let\p@enumiv\@empty \renewcommand\theenumiv{}}%\@arabic\c@enumiv \sloppy \clubpenalty4000 \@clubpenalty \clubpenalty \widowpenalty4000% \sfcode`\.\@m} {\def\@noitemerr {\@latex@warning{Empty `thebibliography' environment}}% \endlist} \newcommand\newblock{\hskip .11em\@plus.33em\@minus.07em} \let\@openbib@code\@empty \newenvironment{theindex} {\if@twocolumn \@restonecolfalse \else \@restonecoltrue \fi \columnseprule \z@ \columnsep 35\p@ \twocolumn[\section*{\indexname}]% \@mkboth{\MakeUppercase\indexname}% {\MakeUppercase\indexname}% \thispagestyle{plain}\parindent\z@ \parskip\z@ \@plus .3\p@\relax \let\item\@idxitem} {\if@restonecol\onecolumn\else\clearpage\fi} \newcommand\@idxitem{\par\hangindent 40\p@} \newcommand\subitem{\@idxitem \hspace*{20\p@}} \newcommand\subsubitem{\@idxitem \hspace*{30\p@}} \newcommand\indexspace{\par \vskip 10\p@ \@plus5\p@ \@minus3\p@\relax} \renewcommand\footnoterule{% \kern-3\p@ \hrule\@width.4\columnwidth \kern2.6\p@} \newcommand\@makefntext[1]{% \parindent 1em% \noindent \hb@xt@1.8em{\hss\@makefnmark}#1} \newcommand\contentsname{Contents} \newcommand\listfigurename{List of Figures} \newcommand\listtablename{List of Tables} \newcommand\refname{} \newcommand\indexname{Index} \newcommand\figurename{Figure} \newcommand\tablename{Table} \newcommand\partname{Part} \newcommand\appendixname{Appendix} \newcommand\abstractname{Abstract} \def\today{\ifcase\month\or January\or February\or March\or April\or May\or June\or July\or August\or September\or October\or November\or December\fi \space\number\day, \number\year} \setlength\columnsep{10\p@} \setlength\columnseprule{0\p@} \pagestyle{plain} \pagenumbering{arabic} \if@twoside \else \raggedbottom \fi \if@twocolumn \twocolumn \sloppy \flushbottom \else \onecolumn \fi \endinput %% %% End of file `article.cls'. \ No newline at end of file diff --git a/docs/texmf-local/tex/latex/bibMake.tex b/docs/texmf-local/tex/latex/bibMake.tex deleted file mode 100755 index dd065bb4a..000000000 --- a/docs/texmf-local/tex/latex/bibMake.tex +++ /dev/null @@ -1,6 +0,0 @@ - -\write18{if [ ! -f \jobname.bib ]; then touch \jobname.bib ; fi} -\write18{if [ ! -f \jobname-Add.bib ]; then touch \jobname-Add.bib ; fi} - -\bibliographystyle{econtex} -\bibliography{\jobname,\jobname-Add,economics} diff --git a/docs/texmf-local/tex/latex/cvBibMake.tex b/docs/texmf-local/tex/latex/cvBibMake.tex deleted file mode 100644 index 7d20b200c..000000000 --- a/docs/texmf-local/tex/latex/cvBibMake.tex +++ /dev/null @@ -1,8 +0,0 @@ - -%\write18{if [ `kpsewhich economics.bib` != '' ]; then touch economics.bib ; fi} # This should be done only for final versions AFTER bibexport has occurred and \jobname.bib is populated -%\write18{if [ ! -f \jobname.bib ]; then touch \jobname.bib ; fi} -%\write18{if [ ! -f \jobname-Add.bib ]; then touch \jobname-Add.bib ; fi} - -%\bibliographystyle{econtex} -%\bibliography{economics,\jobname,\jobname-Add} -\bibliography{economics} diff --git a/docs/texmf-local/tex/latex/econtex.cls b/docs/texmf-local/tex/latex/econtex.cls deleted file mode 100644 index 93f86901a..000000000 --- a/docs/texmf-local/tex/latex/econtex.cls +++ /dev/null @@ -1,406 +0,0 @@ -%%% LaTeX class for economics -%%% -%%% author: Christopher Carroll -%%% license: LaTeX Project Public License -%%% -%%% Modified from style itaxpf by Arne Henningsen -%%% version: 1.0 (09 July 2007) -%%% license: LaTeX Project Public License -%%% -%%% Further information is available at -%%% http://www.uni-kiel.de/agrarpol/ahenningsen/latex-bibtex.html -%%% -%%% This document class is based on the "scrartcl" class -%%% from the KOMA script bundle. For documentation, Google KOMA-Script Documentation -%%% -%%% The corresponding BibTeX style file "econtex.bst" should be used -%%% for the bibliography: \bibliographystyle{econtex} -%%% -%%% In addition to the options for scrartcl, this package includes an additional option -%%% titlepage = include a title page (with command "\maketitle", or "\maketitleWithForcedDate{}") -%%% -%%% If an abstract is defined by \begin{abstract}\end{abstract} before \maketitle is invoked, -%%% it will appear on the title page -%%% -%%% If the titlepage option is invoked: -%%% \keywords can be used to show keywords below the abstract -%%% \jelclass can be used to show JEL classifications below the abstract -%%% \thanks{text of the thank-you footnote} produces a footnote at the bottom of the page containing the text - -\ProvidesClass{econtex}[2017/08/01 LaTeX class for economics papers, handouts, and exam questions written by Christopher Carroll] -\NeedsTeXFormat{LaTeX2e} -% \RequirePackage{rotating} -\RequirePackage{snapshot} % Creates list of external files used by a LaTeX document -\RequirePackage{ifthen} -\RequirePackage{changepage} - -% If unspecified whether pdf output (instead of dvi) is being used, determine that it SHOULD be -\newif\ifdvi\dvitrue -\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} - -% permit double spacing -\RequirePackage{setspace} -%\doublespacing - -% option to include a title page -\newcounter{IncludeTitlePage} -\setcounter{IncludeTitlePage}{0} -\DeclareOption{titlepage}{\setcounter{IncludeTitlePage}{1}} - -% pass any options on to the scrartcl class and load this class with some options -\DeclareOption*{\PassOptionsToClass{\CurrentOption}{scrartcl}} -\ProcessOptions\relax -\LoadClass[fontsize=12pt,english,numbers=noenddot,captions=tableheading,captions=nooneline]{scrartcl} -% pointlessnumbers = do not add final dot after ordinary section numbers -% tablecaptionabove = use \captionabove for captions above rather than below tables -% noonelinecaption = do not treat one-line captions differently - -% use new TeX encoding scheme (T1), which contains accented (European) letters, -% to make European hyphenations work -\RequirePackage[T1]{fontenc} - -% use babel package and set language to english -\RequirePackage[english]{babel} - -% spacing around formulas -\AtBeginDocument{ -\setlength{\abovedisplayshortskip}{6pt} -\setlength{\belowdisplayshortskip}{6pt} -\setlength{\abovedisplayskip}{6pt} -\setlength{\belowdisplayskip}{6pt} -\allowdisplaybreaks % Permits LaTeX to break long formulas across pages (?) -} - -%% Added the above info to the definition of normalsize -\def\normalsize{\@setfontsize \normalsize \@xiipt {14.5} -\abovedisplayskip 6\p@ \@plus 3\p@ \@minus 3\p@ -\belowdisplayskip \abovedisplayskip -\abovedisplayshortskip 6pt \belowdisplayshortskip 6pt -\let \@listi \@listI} -\normalsize - -% Don't indent the second and later lines of footnotes -\deffootnote[1em]{0.0em}{1em}{\textsuperscript{\thefootnotemark}} - -% spacing around captions and floats -\setlength{\abovecaptionskip}{6pt} -\setlength{\belowcaptionskip}{3pt} -\setlength{\floatsep}{0pt} -\setlength{\textfloatsep}{20pt} -\setlength{\intextsep}{15pt} - -\RequirePackage{calc} - -\newenvironment{Description} -{\begin{list}{}{\let\makelabel\Descriptionlabel - \setlength\labelwidth{75pt} - \setlength\labelsep{0pt} - \setlength\leftmargin{75pt} - \setlength\itemindent{0pt} -}} -{\end{list}} -\newcommand*\Descriptionlabel[1]{\textbf{#1}\hfil} - -\RequirePackage{cancel,verbatim, -amsmath,amssymb,amsfonts,amsthm -,threeparttable,dcolumn,multicol,multirow,booktabs % table environment extensions -,latexsym -,afterpage -,enotez -,moreverb -,hhline % Allow double hlines -,tipa % Define more characters, in particular the \textthorn character -,color -,accents -,appendix -} - -\DeclareInstance{enotez-list}{superscriptednotes}{paragraph} - { - number = \textsuperscript{#1} - } -% to get endnotes with superscripts, use \printendnotes[superscriptednotes] - -% \RequirePackage{econtex} % Removed 20170801 because won't work when invoked from nonroot paths -% Contents of the file are pasted in below - -%---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -%---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -%To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -%To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -%To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -%To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -%-------------------------------------------------------- - - -\RequirePackage[mathscr]{eucal} -\RequirePackage[normalem]{ulem} -\providecommand\bmmax{0} % Prevent boldmath package from using up too much memory -\RequirePackage{bm} % Allow bold math -\RequirePackage{bbm} % Blackbord math - -% font for URLs -\RequirePackage{url} -\def\UrlFont{\ttfamily} - -\usepackage[econtex]{optional} % Enable the control of compilation using options passed on startup -\opt{EndFloats}{\RequirePackage[noheads,nolists,tablesfirst,nomarkers]{endfloat}} - -% page format, margins if PrintGeom option is invoked -\opt{PrintGeom}{ -\RequirePackage{geometry} -\geometry{letterpaper, tmargin=1.4in, bmargin=1.4in, lmargin=1.25in, - rmargin=1.25in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\opt{JournalFormatting}{ % BEJM requires 1.5 inch margins -\RequirePackage{geometry} -\geometry{letterpaper, tmargin=1.5in, bmargin=1.5in, lmargin=1.5in, - rmargin=1.5in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\providecommand{\textSizeDefault}{\normalsize} -\opt{bigWide}{\renewcommand{\textSizeDefault}{\large}} - -\providecommand{\abstractSizeDefault}{\small} -\opt{bigWide}{\renewcommand{\abstractSizeDefault}{\normalsize}} - -%% formatting section headers -\setkomafont{section}{\normalfont \Large \bfseries} -\setkomafont{subsection}{\normalfont \large} -\setkomafont{subsubsection}{\normalfont \itshape} - -% citations and bibliography -\RequirePackage[authoryear]{natbib} -\AtBeginDocument{\renewcommand{\refname}{References} -\renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} % Restore footnote defn after titlepage redefines it -\ifdvi - \renewcommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht (which compiles using dvi) -\fi -} - -% captions of figures and tables -\setcapwidth[c]{\textwidth} -% \setcapindent*{0pt} -\setkomafont{captionlabel}{\centering \bfseries} -\setkomafont{caption}{\centering} -\renewcommand{\captionformat}{~ } - -\newcommand{\forcedate}[1]{\newcommand{\@forcedate}{#1}} - -% titlepage with title, author(s), and date - -\renewcommand{\maketitle}{ -\ifthenelse{ \isundefined\@forcedate }{ - \ClassWarningNoLine{econtex}{{\protect\forcedate} is undefined in the .tex file; please define it and rerun}}{} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize \@date \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -\newcommand{\maketitleWithForcedDate}[1]{ -\ClassWarningNoLine{econtex}{\protect\maketitleWithForcedDate{} is deprecated. To set a date different from the current one, just use the \protect\date{(string desired to signify paper date)}} - - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize #1 \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -% abstract, keywords, JEL classification -\newcommand{\keywords}[1]{\newcommand{\@keywords}{#1}} -\newcommand{\jelclass}[1]{\newcommand{\@jelclass}{#1}} -\newcommand{\aspublished}[1]{\newcommand{\@aspublished}{#1}} - -\renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{4mm} - \abstractSizeDefault - \noindent \textbf{Abstract}\\ - \indent -}{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{0mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{econtex}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - -\begin{quote} -\begin{Description} -\item[\textbf{Keywords~}] \@keywords -\ifthenelse{ \isundefined\@jelclass }{ -\ClassWarningNoLine{econtex}{No JEL classification specified. - Please use the command \protect\jelclass} -}{ -\item[\textbf{JEL codes~}] \@jelclass -} - -\end{Description} -\ifthenelse{ \isundefined\@aspublished }{ -}{ -{ - -\vspace{0.1in}\@aspublished} -}\end{quote} -} - -\setcounter{footnote}{0}% - -\medskip - -% avoid clubs and widows -\clubpenalty=1000 % penalty for breaking a page with only one sentence; set to 10000 to prohibit -\widowpenalty=10000 -% \displaywidowpenalty=10000 - -\hbadness 3000 % LaTeX default is 1000, which is too finicky - set to 10000 to get rid of complaints - -% increase stretchability of the spaces (avoid overfull hboxes) -\setlength{\emergencystretch}{3em} - - -\pagestyle{plain} -\thispagestyle{empty} - -\newcommand{\titlepagefinish}{\newpage -\renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} -} - - -\RequirePackage[multiple]{footmisc} -\RequirePackage{manyfoot} -\RequirePackage{perpage} \DefineFNsymbols{blank}[text]{{} {} {} {} {}} \setfnsymbol{blank} \DeclareNewFootnote{B}[fnsymbol] \MakePerPage{footnoteB} \renewcommand{\thanks}{\footnoteB} \newcommand{\thanksFooter}{\footnoteB} - -% 20170126: perpage package conflicts with something else so is removed in econtexMake.sh - -\hfuzz2pt % Don't bother to report over-full boxes if over-edge is < 2pt - -%%%%%%%%%% Added by Amy Hendrickson, TeXnology Inc. -%% Amy change, Feb 28, 2011 ==>> - -%%% Generalization of the author and authorinfo commands, based on -%%% the original code. - -%% Sample use: -%% \author{Christopher D. Carroll\authNum \\ -%% \and -%% Jiri Slacalek\authNum \\ -%% \and -%% Martin Sommer\authNum \\ -%% \and -%% Another Name\authNum -%% \and -%% Still Another Name\authNum -%% } - -\newcounter{authornum} % Use either \num or (preferred) \authNum to denote authors -\def\num{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} -\def\authNum{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} - -%% \begin{authorsinfo}...\end{authorsinfo} - -%% Now used: -%% \begin{authorsinfo} -%% \name{First author: info} -%% \\ -%% \name{Second author: info} -%% \\ -%% \name{Third author: info} -%% (and so on for as many authors -%% as you have) -%% \end{authorsinfo} -%% (note: the \\ doesn't do anything, but makes it easier to -%% see the separate author names.) - -\newcounter{bottomauthor} -\def\authorsinfo{\global\c@bottomauthor=0\setbox0=\vbox\bgroup\footnotesize -\let\\ \relax -} - -\def\endauthorsinfo{\egroup -\footnoteB{\unvbox0} -} - -\def\name#1{\global\advance\c@bottomauthor by 1\textsuperscript{\tiny \the\c@bottomauthor}{#1}{~~~~}} - -\makeatletter -\DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} -\DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} -\DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} -\DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} -\DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} -\DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} -\DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} -\makeatother diff --git a/docs/texmf-local/tex/latex/econtex.sty b/docs/texmf-local/tex/latex/econtex.sty deleted file mode 100644 index 1147b1e85..000000000 --- a/docs/texmf-local/tex/latex/econtex.sty +++ /dev/null @@ -1,30 +0,0 @@ -%---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -%---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -%To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -%To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -%To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -%To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -%-------------------------------------------------------- diff --git a/docs/texmf-local/tex/latex/econtexBibMake.tex b/docs/texmf-local/tex/latex/econtexBibMake.tex deleted file mode 100644 index cb5ae56f5..000000000 --- a/docs/texmf-local/tex/latex/econtexBibMake.tex +++ /dev/null @@ -1,7 +0,0 @@ - -%\write18{if [ `kpsewhich economics.bib` != '' ]; then touch economics.bib ; fi} # This should be done only for final versions AFTER bibexport has occurred and \jobname.bib is populated -\write18{if [ ! -f \jobname.bib ]; then touch \jobname.bib ; fi} -\write18{if [ ! -f \jobname-Add.bib ]; then touch \jobname-Add.bib ; fi} - -\bibliographystyle{econtex} -\bibliography{economics,\jobname,\jobname-Add} diff --git a/docs/texmf-local/tex/latex/econtexSetup.sty b/docs/texmf-local/tex/latex/econtexSetup.sty deleted file mode 100644 index e26dd2807..000000000 --- a/docs/texmf-local/tex/latex/econtexSetup.sty +++ /dev/null @@ -1,233 +0,0 @@ -\RequirePackage{wasysym -,psibycus % Greek language package, including koppa -,ushort -%,lscape % Pages in landscape mode go inside \begin{landscape}\end{landscape} % CONFLICTS WITH EPSTOPDF -} - -\newenvironment{CDCPrivate} % Environment for extra material not wanted in the public document -{\marginpar{\tiny beginCDC}}{\marginpar{\tiny endCDC}} % CDCPrivate - -\provideboolean{Web} -\setboolean{Web}{false} % reset to true if running via dvi; search for \ifdvi below - -\provideboolean{bigPrint} -\setboolean{bigPrint}{true} -\setboolean{bigPrint}{false} - -\provideboolean{wideMargins} -\setboolean{wideMargins}{true} -\setboolean{wideMargins}{false} - -\provideboolean{BigAndWide} -\setboolean{BigAndWide}{true} -\setboolean{BigAndWide}{false} - -% Options to set if being run from the shell (so autocompiled) -\opt{FromShell}{ -\setboolean{bigPrint}{false} -\setboolean{wideMargins}{false} -\setboolean{BigAndWide}{false} -} - -\opt{bigWide}{ -\setboolean{bigPrint}{true} -\setboolean{wideMargins}{true} -\setboolean{BigAndWide}{true} -\providecommand{\textSizeDefault}{\large} -\providecommand{\abstractSizeDefault}{\large} -} - -\opt{Aquamacs}{ -%\setboolean{bigPrint}{true} -%\setboolean{wideMargins}{true} -%\setboolean{BigAndWide}{true} -%\providecommand{\textSizeDefault}{\large} -%\providecommand{\abstractSizeDefault}{\large} -} - -\provideboolean{KoppaOn} -\setboolean{KoppaOn}{true} -%\setboolean{KoppaOn}{false} - -\ifthenelse{\boolean{KoppaOn}}{ -\providecommand{\koppa}{\text{\greek{k+}}} -\providecommand{\Koppa}{\text{\greek{K+}}} -\providecommand{\sampi}{\text{\greek{s+}}} -\providecommand{\cigma}{\text{\greek{c+}}} -\providecommand{\Cigma}{\text{\greek{C+}}} -}{ -\def\koppa{\mathbf{q}}\providecommand{\koppa}{$\mathbf{q}$}\providecommand{\Koppa}{$\mathbf{Q}$} -} - -% Keep the elements in the argument #1 together on the same page -\newcommand{\together}[1]{\noindent\parbox{\linewidth}{#1}} - -% html version of document must be constructed by running pdflatex in -% dvi output mode; code below creates an ifdvi construct that detects -% whether running in dvi mode and sets the options necessary to generate -% html version of document using tex4ht - -%\makeatletter -%\newif\ifdvi\dvitrue -%\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} -%\makeatother - -% dvi compilation only occurs if making the html version -\ifdvi - \setboolean{Web}{true} - \RequirePackage{tex4ht} - \RequirePackage{graphicx} - \RequirePackage[tex4ht]{hyperref} - \provideboolean{bigPrint}\setboolean{bigPrint}{true} % HTM output looks better in a larger font size - \providecommand{\wideMargins}{\null{}} % Wide margins doesn't mean anything for html documents - \newcommand{\CDCFig}[1]{\centerline{\includegraphics{#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics{#1}}} - \DeclareGraphicsExtensions{.png} - \providecommand{\textSizeDefault}{\large} - \providecommand{\titlepagefinish}{\newpage\textSizeDefault} - \providecommand{\abstractSizeDefault}{\large} - \providecommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht - \let\footnoterule\relax - \makeatletter - \renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{5mm} - \noindent \textbf{Abstract}\\ - \indent \abstractSizeDefault - }{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{3mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{bejournal}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - \begin{quote} - \begin{Description} - \item[\textbf{~~~~~~~~~~~~Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{bejournal}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{~~~~~~~~~~~~JEL codes~}] \@jelclass - \end{Description} - } - \end{quote} - \makeatother - } -\else - \RequirePackage[pdftex]{graphicx} - \RequirePackage[plainpages=false]{hyperref} - \hypersetup{ - pdffitwindow = false, % Don't rescale to fit size of window - pdfpagemode=UseThumbs, - pdfstartview=FitH, - pdfnewwindow = true, % Links open in new window - pdfproducer = {pdfLaTeX with hyperref} - } - \providecommand{\wideMargins}{\usepackage[twoside,marginparwidth=0in,left=0.5in,right=0.5in,top=0.5in,bottom=0.5in]{geometry}\usepackage{layouts}} - \ifthenelse{\boolean{wideMargins}}{\wideMargins}{} - \newcommand{\CDCFig}[1]{\centerline{\includegraphics[width=0.75\textwidth]{../Figures/#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics[width=7.8in,height=5.5in]{../Figures/#1}}} - \DeclareGraphicsExtensions{.pdf} - \ifthenelse{\boolean{bigPrint}}{\renewcommand{\titlepagefinish}{\newpage\large}}{} -\fi - -\newcolumntype{d}[1]{D{.}{.}{#1}} % Seems to need to come after hyperref - -\definecolor{darkblue}{rgb}{0.1,0.094,0.3} -\definecolor{darkred}{rgb}{0.3,0,0} -\hypersetup{colorlinks=true, % put a box around links - linkbordercolor = {1 0 0}, % the box will be red - pdfborder = {1 0 0}, % -% bookmarks=true, % PDF will contain an index on the RHS - urlcolor=darkred, - citecolor=darkblue, - linkcolor=darkred -} - -%% Define the title table as different from the regular table - -%\let\tabularTitle\tabular -%\let\endtabularTitle\endtabular - -%\newenvironment{tabularTitle}{\tabularTitle}{\endtabularTitle} -\newenvironment{tabularTitle}{\tabular}{\endtabular} - -\providecommand{\SolvingMicroDSOPs}{\href{https://www.econ2.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}{SolvingMicroDSOPs}} - -\newcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Consumption/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutF}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1.pdf}{\texttt{#1}}} -\newcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList.pdf}{\texttt{MathFacts}}} -\newcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{#1}}} -\newcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation.pdf}{\texttt{Aggregation}}} - - -% If doing a web version, renewcommands link to the html versions of handouts -\ifdvi -\renewcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/#1}{\texttt{#1}}} -\renewcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1}{\texttt{#1}}} -\renewcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1}{\texttt{#1}}} -\renewcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1}{\texttt{#1}}} -\renewcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFactsList/#1}{\texttt{#1}}} -\fi -\renewcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{MathFacts}}} -\renewcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation/}{\texttt{Aggregation}}} - -% Generic starting text for MathFactsList generated file -\message{Including MathFactsList.defs} -\providecommand{\CRRALim}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#CRRALim}{\ensuremath{\mathtt{[CRRALim]}}}} -\providecommand{\ELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNorm}{\ensuremath{\mathtt{[ELogNorm]}}}} -\providecommand{\ELogNormMeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormMeanOne}{\ensuremath{\mathtt{[ELogNormMeanOne]}}}} -\providecommand{\ELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormTimes}{\ensuremath{\mathtt{[ELogNormTimes]}}}} -\providecommand{\EulersTheorem}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#EulersTheorem}{\ensuremath{\mathtt{[EulersTheorem]}}}} -\providecommand{\ExpEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpEps}{\ensuremath{\mathtt{[ExpEps]}}}} -\providecommand{\ExpPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpPlus}{\ensuremath{\mathtt{[ExpPlus]}}}} -\providecommand{\FinSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSum}{\ensuremath{\mathtt{[FinSum]}}}} -\providecommand{\InfSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSum}{\ensuremath{\mathtt{[InfSum]}}}} -\providecommand{\LogELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNorm}{\ensuremath{\mathtt{[LogELogNorm]}}}} -\providecommand{\LogELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNormTimes}{\ensuremath{\mathtt{[LogELogNormTimes]}}}} -\providecommand{\LogEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogEps}{\ensuremath{\mathtt{[LogEps]}}}} -\providecommand{\LogMeanMPS}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogMeanMPS}{\ensuremath{\mathtt{[LogMeanMPS]}}}} -\providecommand{\MeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MeanOne}{\ensuremath{\mathtt{[MeanOne]}}}} -\providecommand{\MultPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MultPlus}{\ensuremath{\mathtt{[MultPlus]}}}} -\providecommand{\NormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#NormTimes}{\ensuremath{\mathtt{[NormTimes]}}}} -\providecommand{\OverPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#OverPlus}{\ensuremath{\mathtt{[OverPlus]}}}} -\providecommand{\SmallSmallZero}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SmallSmallZero}{\ensuremath{\mathtt{[SmallSmallZero]}}}} -\providecommand{\SumNormsIsNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SumNormsIsNorm}{\ensuremath{\mathtt{[SumNormsIsNorm]}}}} -\providecommand{\TaylorOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorOne}{\ensuremath{\mathtt{[TaylorOne]}}}} -\providecommand{\TaylorTwo}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorTwo}{\ensuremath{\mathtt{[TaylorTwo]}}}} -\RequirePackage{ifthen} - -\provideboolean{AnswersTF}\setboolean{AnswersTF}{false} % Default is no answers; run with \UseOption{Answers} from shell to generate answers - - -\provideboolean{ExamQ} -\setboolean{ExamQ}{false} -\newcommand{\ifExamQuestion}{\ifthenelse{\boolean{ExamQ}}} - -\provideboolean{SpaceBetweenAnswers} -\setboolean{SpaceBetweenAnswers}{true} -\providecommand{\AnswerOrBlankSpace}{\ifthenelse{\boolean{SpaceBetweenAnswers}}} - -\opt{Answers}{\provideboolean{AnswersTF}\setboolean{AnswersTF}{true}} - -\newcommand{\ifAnswers}{\ifthenelse{\boolean{AnswersTF}}} -\newcommand{\answer}[2]{\ifthenelse{\boolean{AnswersTF}}{ - -{\it Answer:} -\begin{quote} -#1 -\end{quote} -} -{#2}} diff --git a/docs/texmf-local/tex/latex/econtexShortcuts.sty b/docs/texmf-local/tex/latex/econtexShortcuts.sty deleted file mode 100755 index 2169b7287..000000000 --- a/docs/texmf-local/tex/latex/econtexShortcuts.sty +++ /dev/null @@ -1,638 +0,0 @@ -\providecommand{\aAgg}{\ensuremath{\mathsf{A}}} -\providecommand{\aboveMin}{\blacktriangle} -\providecommand{\adjPar}{\ensuremath{\omega}} -\providecommand{\adj}{\ensuremath{\mathrm{j}}} -\providecommand{\aE}{\aRat^{e}} -\providecommand{\aFunc}{\ensuremath{\mathrm{a}}} -\providecommand{\Age}{\ensuremath{Z}} -\providecommand{\age}{\ensuremath{z}} -\providecommand{\ALevBF}{\ensuremath{\mathbf{A}}} -\providecommand{\aLevBF}{\ensuremath{\mathbf{a}}} -\providecommand{\ALev}{\ensuremath{A}} -\providecommand{\aLev}{\ensuremath{a}} -\providecommand{\Alive}{\ensuremath{\aleph}} -\providecommand{\Alt}{\grave} -\providecommand{\aMin}{\ensuremath{\underline{\aRat}}} -\providecommand{\ARat}{\ensuremath{A}} -\providecommand{\aRat}{\ensuremath{a}} -\providecommand{\ASS}{\ensuremath{\ensuremath{A}}} -\providecommand{\aSS}{\ensuremath{\ensuremath{a}}} -\providecommand{\ATarg}{\ensuremath{\check{A}}} -\providecommand{\aTarg}{\ensuremath{\check{a}}} -\providecommand{\BE}{\BRat^{e}} -\providecommand{\bE}{\bRat^{e}} -\providecommand{\BLevBF}{\ensuremath{\mathbf{B}}} -\providecommand{\bLevBF}{\ensuremath{\mathbf{b}}} -\providecommand{\BLevE}{\ensuremath{\BLev^{e}}} -\providecommand{\bLevE}{\ensuremath{\bLev^{e}}} -\providecommand{\BLevU}{\ensuremath{\BLev^{u}}} -\providecommand{\bLevU}{\ensuremath{\bLev^{u}}} -\providecommand{\BLev}{\ensuremath{B}} -\providecommand{\bLev}{\ensuremath{b}} -\providecommand{\bMin}{\ensuremath{\underline{\bRat}}} -\providecommand{\bRatE}{\ensuremath{b}^{e}} -\providecommand{\BRatE}{\ensuremath{B}^{e}} -\providecommand{\bRatU}{\ensuremath{b}^{u}} -\providecommand{\BRat}{\ensuremath{B}} -\providecommand{\bRat}{\ensuremath{b}} -\providecommand{\bTargE}{\ensuremath{\check{b}^{e}}} -\providecommand{\BTargTarg}{\Target{\Target{\BRat}}} -\providecommand{\bTargTarg}{\Target{\Target{\bRat}}} -\providecommand{\BTarg}{\ensuremath{\check{B}}} -\providecommand{\bTarg}{\ensuremath{\check{b}}} -\providecommand{\BU}{{B}^{u}} -\providecommand{\bU}{{b}^{u}} -\providecommand{\cAgg}{\ensuremath{\pmb{C}}} -\providecommand{\CARA}{\ensuremath{\alpha}} -\providecommand{\ccRat}{\ensuremath{\mathsf{c}}} -\providecommand{\CDF}{\ensuremath{\mathcal{F}}} -\providecommand{\CEndFunc}{\ensuremath{\mathfrak{C}}} -\providecommand{\cEndFunc}{\ensuremath{\mathfrak{c}}} -\providecommand{\cEss}{{c}^{e}} -\providecommand{\CE}{\CRat^{e}} -\providecommand{\cE}{\cRat^{e}} -\providecommand{\cFuncAbove}{\ensuremath{\bar{\mathrm{c}}}} -\providecommand{\cFuncBelow}{\ensuremath{\uline{\mathrm{c}}}} -\providecommand{\cFuncMax}{\ensuremath{\bar{\bar{\mathrm{c}}}}} -\providecommand{\CFunc}{\ensuremath{\mathrm{C}}} -\providecommand{\cFunc}{\ensuremath{\mathrm{c}}} -\providecommand{\cFunc}{\ensuremath{\mathrm{c}}} -\providecommand{\CGroOverG}{\ensuremath{\Upsilon}} -\providecommand{\CGroOverR}{\ensuremath{\Phi}} -\providecommand{\CGroPF}{\ensuremath{\Lambda}} -\providecommand{\cGroPF}{\ensuremath{\lambda}} -\providecommand{\CGroPS}{\ensuremath{\chi}} % Precautionary Saving boost to consumption growth -\providecommand{\chiFunc}{\pmb{\chi}} -\providecommand{\Chi}{\ensuremath{\mathrm{X}}} % capital chi is sometimes useful, and not native to LaTeX -\providecommand{\CLevBF}{\ensuremath{\mathbf{C}}} -\providecommand{\cLevBF}{\ensuremath{\mathbf{c}}} -\providecommand{\CLevE}{\CLev^{e}} -\providecommand{\cLevE}{\cLev^{e}} -\providecommand{\cLevFunc}{\ensuremath{\pmb{\cFunc}}} -\providecommand{\CLevU}{\CLev^{u}} -\providecommand{\cLevU}{\cLev^{u}} -\providecommand{\cLev}{\ensuremath{c}} -\providecommand{\CLev}{\ensuremath{C}} -\providecommand{\Cons}{\ensuremath{C}} -\providecommand{\cons}{\ensuremath{c}} -\providecommand{\corr}{\varrho} -\providecommand{\cPDVFunc}{\ensuremath{\mathbb{C}}} -\providecommand{\CPDV}{\ensuremath{\text{PDV($C$)}}} -\providecommand{\cPPP}{\cons^{\prime\prime\prime}} -\providecommand{\cPP}{\cons^{\prime\prime}} -\providecommand{\cP}{\cons^{\prime}} -\providecommand{\cRatBF}{\ensuremath{\pmb{c}}} -\providecommand{\CRatE}{\CRat^{e}} -\providecommand{\cRatE}{\cRat^{e}} -\providecommand{\CRatU}{\CRat^{u}} -\providecommand{\cRatU}{\cRat^{u}} -\providecommand{\CRat}{\ensuremath{C}} -\providecommand{\cRat}{\ensuremath{c}} -\providecommand{\CRRA}{\ensuremath{\rho}} -\providecommand{\CTargE}{\CTarg^{\null}} -\providecommand{\cTargE}{\ensuremath{\Target{c}^{e}}} -\providecommand{\cTargTarg}{\Target{\Target{\cRat}}} -\providecommand{\CTarg}{\ensuremath{\Target{C}}} -\providecommand{\cTarg}{\ensuremath{\Target{c}}} -\providecommand{\curr}{1} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\Curr}{t} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\CU}{\CRat^{u}} -\providecommand{\cU}{\cRat^{u}} -\providecommand{\dRat}{\ensuremath{d}} -\providecommand{\debtLim}{\mathsf{d}} -\providecommand{\Debt}{\ensuremath{D}} -\providecommand{\debt}{\ensuremath{d}} -\providecommand{\DeprFac}{\ensuremath{\daleth}} -\providecommand{\Depr}{\ensuremath{\daleth}} -\providecommand{\depr}{\ensuremath{\delta}} -\providecommand{\deprRte}{\ensuremath{\delta}} % New -\providecommand{\DiscAltuAdj}{\ensuremath{\underline{\underline{\beth}}}} -\providecommand{\DiscAlt}{\ensuremath{\beth}} -\providecommand{\Discount}{\ensuremath{\beta}} -\providecommand{\DiscRate}{\ensuremath{\vartheta}} -\providecommand{\DiscRte}{\ensuremath{\vartheta}} % New -\providecommand{\discRte}{\ensuremath{\vartheta}} % New -\providecommand{\DiscFac}{\ensuremath{\beta}} % New -\providecommand{\DivGro}{\ensuremath{\mathrm{G}}} -\providecommand{\divGro}{\ensuremath{\mathsf{g}}} -\providecommand{\Div}{\ensuremath{D}} -% \providecommand{\div}{\ensuremath{d}} reserved for divide -\providecommand{\DLev}{\ensuremath{D}} -\providecommand{\Dvdnd}{\ensuremath{\mathbf{D}}} -\providecommand{\dvdnd}{\ensuremath{d}} -\providecommand{\edvdnd}{\grave{\dvdnd}} -\providecommand{\EEndMap}{\ensuremath{\mathsf{E}}} -\providecommand{\effUnits}{\ensuremath{X}} -\providecommand{\eFunc}{\ensuremath{\mathrm{e}}} -\providecommand{\ELev}{\ensuremath{E}} -\providecommand{\ek}{\ensuremath{\lambda}} -\providecommand{\EmpGro}{\ensuremath{\Xi}} -\providecommand{\empGro}{\ensuremath{\xi}} -\providecommand{\empState}{\xi} % employment state indicator variable -\providecommand{\EpremLog}{\varphi} % Not using regular \eprem because want to distinguish between \varphi = log E_{t}[\Phi_{t+1}] and \phi_{t} = E[\log \Phi_{t}] -\providecommand{\EPrem}{\Phi} % equity premium -\providecommand{\eprem}{\phi} % log equity premium -\providecommand{\EpShkInv}{\Ex[\pShk^{-1}]} -\providecommand{\erate}{\ensuremath{\cancel{\mho}}} -\providecommand{\error}{\ensuremath{\epsilon}} -\providecommand{\Err}{\ensuremath{Z}} -\providecommand{\err}{\ensuremath{z}} -\providecommand{\err}{\ensuremath{z}} -\providecommand{\Estdr}{\ensuremath{\sigma_{\risky}}} % Standard deviation of log return on risky asset -\providecommand{\Evarr}{\ensuremath{\sigma_{\risky}^{2}}} % Variance of log return on risky asset -\providecommand{\EVarr}{\sigma_{\Risky}^{2}} % Variance of level return on risky asset (when returns norm dist) -\providecommand{\expend}{\ensuremath{\xi}} -%\providecommand{\Ex}{\ensuremath{\mathbb{E}}} % Expectations operator defined in econtex.cls -\providecommand{\FDist}{\ensuremath{\mathcal{F}}} -\providecommand{\fDist}{\ensuremath{\mathcal{f}}} -\providecommand{\FFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\fFunc}{\ensuremath{\mathrm{f}}} -\providecommand{\FLev}{\ensuremath{F}} -\providecommand{\fLev}{\ensuremath{f}} -\providecommand{\fPP}{\ensuremath{\mathrm{f}^{\prime\prime}}} -\providecommand{\FPP}{\ensuremath{\mathrm{F}^{\prime\prime}}} -\providecommand{\fP}{\ensuremath{\mathrm{f}^{\prime}}} -\providecommand{\FP}{\ensuremath{\mathrm{F}^{\prime}}} -\providecommand{\GLev}{\ensuremath{G}} -\providecommand{\GovNW}{\ensuremath{N}} -\providecommand{\govNW}{\ensuremath{n}} -\providecommand{\GovSpend}{\ensuremath{X}} -\providecommand{\govSpend}{\ensuremath{x}} -\providecommand{\Habit}{\ensuremath{H}} -\providecommand{\Habit}{\ensuremath{H}} -\providecommand{\habit}{\ensuremath{h}} -\providecommand{\Ham}{\ensuremath{\mathcal{H}}} % Hamiltonian -\providecommand{\HARKcore}{\texttt{HARKcore}} -\providecommand{\hEndMin}{\ensuremath{\underline{\mathfrak{h}}}} -\providecommand{\hEnd}{\ensuremath{\mathfrak{h}}} -\providecommand{\hFunc}{\ensuremath{\mathrm{h}}} -\providecommand{\Hi}{\hat} -\providecommand{\HLevBF}{\ensuremath{\mathbf{H}}} -\providecommand{\hLevBF}{\ensuremath{\mathbf{h}}} -\providecommand{\HLev}{\ensuremath{\pmb{H}}} -\providecommand{\hLev}{\ensuremath{\pmb{h}}} -\providecommand{\hMin}{\ensuremath{\underline{\h}}} -\providecommand{\HMin}{\ensuremath{\underline{H}}} -\providecommand{\hours}{\ensuremath{\mathfrak{h}}} -\providecommand{\Hours}{\ensuremath{\mathfrak{H}}} -\providecommand{\HRat}{\ensuremath{H}} -\providecommand{\hRat}{\ensuremath{h}} -\providecommand{\h}{\ensuremath{h}} -%\providecommand{\H}{\ensuremath{H}} -\providecommand{\iFunc}{\ensuremath{\mathrm{i}}} -\providecommand{\IFunc}{\ensuremath{\mathrm{I}}} -\providecommand{\ILev}{\ensuremath{I}} -\providecommand{\iLev}{\ensuremath{i}} -\providecommand{\impg}{{\imath}_{\pGro}} -\providecommand{\ImpG}{{\Im}_{\PGro}} -\providecommand{\impr}{{\imath}_{\rfree}} -\providecommand{\ImpR}{{\Im}_{\Rfree}} -\providecommand{\Inc}{{Y}} -\providecommand{\inc}{{y}} -\providecommand{\InvEpShkInv}{\underline{\psi}} -\providecommand{\Inv}{{I}} -\providecommand{\inv}{{i}} -\providecommand{\IRat}{\ensuremath{I}} -\providecommand{\iRat}{\ensuremath{i}} -\providecommand{\itc}{\ensuremath{\zeta}} -\providecommand{\jFunc}{\ensuremath{\mathrm{j}}} -\providecommand{\JLev}{\ensuremath{J}} -\providecommand{\kapRent}{\ensuremath{\varkappa}} -\providecommand{\kapShare}{\ensuremath{\alpha}} -\providecommand{\Kap}{{K}} -\providecommand{\kap}{{k}} -\providecommand{\KFunc}{\ensuremath{\mathrm{K}}} -\providecommand{\kFunc}{\ensuremath{\mathrm{k}}} -\providecommand{\KLevBF}{\ensuremath{\mathbf{K}}} -\providecommand{\kLevBF}{\ensuremath{\mathbf{k}}} -\providecommand{\KLev}{\ensuremath{K}} -\providecommand{\kLev}{\ensuremath{k}} -\providecommand{\kPriceAfterITC}{\ensuremath{\mathscr{P}}} -\providecommand{\kPrice}{\ensuremath{\mathsf{P}}} -\providecommand{\KRat}{\ensuremath{K}} -\providecommand{\kRat}{\ensuremath{k}} -\providecommand{\kTargE}{\ensuremath{\Target{k}^{e}}} -\providecommand{\kTarg}{\ensuremath{\Target{k}}} -\providecommand{\labor}{\ensuremath{\ell}} % -\providecommand{\Labor}{\ensuremath{L}} -\providecommand{\labShare}{\ensuremath{\nu}} -\providecommand{\Leisure}{Z} % -\providecommand{\leisure}{z} % -\providecommand{\leiShare}{\ensuremath{\zeta}} % -\providecommand{\LGro}{\ensuremath{\Lambda}} -\providecommand{\lGro}{\ensuremath{\lambda}} -\providecommand{\LLevBF}{\ensuremath{\mathbf{L}}} -\providecommand{\lLevBF}{\ensuremath{\pmb{\ell}}} -\providecommand{\lLev}{\ensuremath{\ell}} -\providecommand{\LLev}{\ensuremath{L}} -\providecommand{\Lo}{\check} -\providecommand{\LRat}{\ensuremath{L}} -\providecommand{\MaxMaxMPC}{\ensuremath{\bar{\bar{\kappa}}}} -\providecommand{\MaxMinMPC}{\ensuremath{\hat{\underline{\kappa}}}} -\providecommand{\MaxMPC}{\ensuremath{\bar{\kappa}}} -\providecommand{\MaxMPS}{\ensuremath{\PatR}} -\providecommand{\Mean}{\ensuremath{\mathbb{M}}} % Mean -\providecommand{\mEss}{\check{m}^{e}} -\providecommand{\ME}{\MRat^{e}} -\providecommand{\mE}{\mRat^{e}} -\providecommand{\mFunc}{\ensuremath{\mathrm{m}}} -\providecommand{\MinMinMPC}{\ensuremath{\underline{\kappa}}} -\providecommand{\MinMPC}{\ensuremath{\uline{\kappa}}} -\providecommand{\MinMPS}{\ensuremath{\pZero^{1/\CRRA} \PatR}} -\providecommand{\MLevBF}{\ensuremath{\mathbf{M}}} -\providecommand{\mLevBF}{\ensuremath{\mathbf{m}}} -\providecommand{\mLevBF}{\ensuremath{\mathbf{m}}} -\providecommand{\mLevE}{\mLev^{e}} -\providecommand{\MLev}{\ensuremath{M}} -\providecommand{\mLev}{\ensuremath{m}} -\providecommand{\MPCE}{\MPC^{e}} -\providecommand{\MPCFunc}{\ensuremath{\pmb{\kappa}}} -\providecommand{\MPCPPF}{\ensuremath{\Pi}} -\providecommand{\MPCP}{\ensuremath{\pi}} -\providecommand{\MPCU}{\MPC^{u}} -\providecommand{\MPC}{\ensuremath{\kappa}} -\providecommand{\MPSFunc}{\ensuremath{\pmb{lambda}}} -\providecommand{\MPS}{\ensuremath{\lambda}} -\providecommand{\MRatE}{\MRat^{e}} -\providecommand{\mRatE}{\mRat^{e}} -\providecommand{\MRat}{\ensuremath{M}} -\providecommand{\mRat}{\ensuremath{m}} -\providecommand{\MSS}{\ensuremath{\breve{M}}} -\providecommand{\mSS}{\ensuremath{\breve{m}}} -\providecommand{\mTarg}{\check{m}} -\providecommand{\MU}{{M}^{u}} -\providecommand{\mU}{{m}^{u}} -%\providecommand{\m}{\ensuremath{m}} -%\providecommand{\M}{\ensuremath{M}} -%\providecommand{\next}{2} % via search-and-replace -\providecommand{\Next}{t+1} % -\providecommand{\nFunc}{\ensuremath{\mathrm{n}}} -\providecommand{\NLev}{\ensuremath{N}} -\providecommand{\nLev}{\ensuremath{n}} -\providecommand{\NRat}{\ensuremath{N}} -\providecommand{\nRat}{\ensuremath{n}} -\providecommand{\Num}{\ensuremath{N}} -\providecommand{\nIter}{\ensuremath{n}} -\providecommand{\OLevBF}{\ensuremath{\mathbf{O}}} -\providecommand{\oLevBF}{\ensuremath{\mathbf{o}}} -\providecommand{\OLev}{\ensuremath{O}} -\providecommand{\oLev}{\ensuremath{\pmb{o}}} -\providecommand{\ORat}{\ensuremath{O}} -\providecommand{\oRat}{\ensuremath{o}} -\providecommand{\Pareto}{\zeta} -\providecommand{\PatPGroAdj}{\text{\pmb{\Thorn}}_{\underline{\PGro}}} -\providecommand{\patpGroAdj}{\text{\thorn}_{\underline{\pGro}}} -\providecommand{\patpGrohat}{\hat{\text{\thorn}}_{\pGro}} -\providecommand{\PatPGro}{\text{\pmb{\Thorn}}_{\PGro}} -\providecommand{\patpGro}{\text{\thorn}_{\pGro}} -\providecommand{\PatR}{\text{\pmb{\Thorn}}_{\Rfree}} -\providecommand{\patr}{\text{\thorn}_{\rfree}} -\providecommand{\PatU}{\text{\pmb{\Thorn}}_{\urate}} -\providecommand{\patu}{\text{\thorn}_{\urate}} -\providecommand{\PatWGro}{\text{\pmb{\Thorn}}_{\WGro}} -\providecommand{\patwGro}{\text{\thorn}_{\wGro}} -\providecommand{\Pat}{\text{\pmb{\Thorn}}} -\providecommand{\pat}{\text{\thorn}} -\providecommand{\pDeadRate}{\ensuremath{\grave{\cancel{\mathsf{d}}}}} -\providecommand{\pDead}{\ensuremath{\mathfrak{D}}} -\providecommand{\pDieRate}{\ensuremath{\grave{\mathsf{d}}}} -\providecommand{\pDies}{\ensuremath{\mathsf{d}}} % Continuous time death rate -\providecommand{\PDies}{\ensuremath{\mathsf{D}}} % Discrete-time one-period death rate -\providecommand{\diePrb}{\ensuremath{\mathsf{d}}} % Continuous time death rate -\providecommand{\DiePrb}{\ensuremath{\mathsf{D}}} % Discrete-time one-period death rate -\providecommand{\PDV}{\ensuremath{\mathbb{P}}} % PDV -\providecommand{\PGroAdj}{\ensuremath{\underline{\PGro}}} -\providecommand{\pGroAdj}{\ensuremath{\underline{\pGro}}} -\providecommand{\PGrouAdj}{\ensuremath{\underline{\underline{\PGro}}}} -\providecommand{\pGrouAdj}{\ensuremath{\underline{\underline{{\pGro}}}}} -\providecommand{\PGro}{\ensuremath{\Gamma}} -\providecommand{\pGro}{\ensuremath{\gamma}} -\providecommand{\permGroFac}{\ensuremath{\Gamma}} % Econ-ARK -\providecommand{\permGroRte}{\ensuremath{\gamma}} % Econ-ARK -\providecommand{\phiFunc}{\ensuremath{\digamma}} -\providecommand{\PIHMPC}{\ensuremath{\varkappa}} -\providecommand{\PInc}{\ensuremath{P}} -\providecommand{\PLabor}{\ensuremath{P}} % Permanent labor income in levels -\providecommand{\Plabor}{P} % Permanent labor income in levels -\providecommand{\PLevBF}{\ensuremath{\mathbf{P}}} -\providecommand{\pLevBF}{\ensuremath{\mathbf{p}}} -\providecommand{\PLev}{\ensuremath{P}} -\providecommand{\pLog}{\ensuremath{p}} -\providecommand{\pLev}{\ensuremath{\pmb{p}}} -\providecommand{\PLev}{\ensuremath{P}} -\providecommand{\LivPrb}{\ensuremath{\cancel{\DiePrb}}} -\providecommand{\livPrb}{\ensuremath{\cancel{\diePrb}}} -\providecommand{\PLives}{\ensuremath{\cancel{\PDies}}} -\providecommand{\pLives}{\ensuremath{\cancel{\pDies}}} -%\providecommand{\pNotZero}{\ensuremath{\cancel{\wp}}} -\providecommand{\pNotZero}{(1-\pZero)} -\providecommand{\PopE}{\mathcal{E}} -\providecommand{\popE}{e} -\providecommand{\PopGro}{\ensuremath{\Xi}} -\providecommand{\popGro}{\ensuremath{\xi}} -\providecommand{\PopLev}{\ensuremath{\pmb{N}}} -\providecommand{\PopU}{\mathcal{U}} -\providecommand{\Pop}{\ensuremath{L}} -\providecommand{\PostITC}{\ensuremath{\cancel{\zeta}}} -\providecommand{\power}{\ensuremath{\eta}} -\providecommand{\pPDVFunc}{\ensuremath{\mathbb{P}}} -\providecommand{\PPDV}{\ensuremath{\text{PDV($P$)}}} -\providecommand{\pRat}{\ensuremath{p}} -\providecommand{\Price}{\ensuremath{\mathsf{P}}} -\providecommand{\ProdFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\ProdFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\prodFunc}{\ensuremath{\mathrm{f}}} -\providecommand{\prudEx}{\ensuremath{\omega}} -\providecommand{\prud}{\ensuremath{\eta}} -\providecommand{\pSav}{\ensuremath{\phi}} -\providecommand{\pShkMin}{\underline{\psi}} % -\providecommand{\PShk}{\Psi} % -\providecommand{\PermShkAgg}{\Psi} % New -\providecommand{\PermShk}{\Psi} % New -\providecommand{\permShk}{\psi} % New -\providecommand{\pShk}{\psi} % -\providecommand{\permShkInd}{\psi} % New -\providecommand{\pshk}{\psi} % -\providecommand{\PtyGro}{\ensuremath{\Phi}} -\providecommand{\ptyGro}{\ensuremath{\phi}} -\providecommand{\PtyLab}{\ensuremath{\mathrm{Z}}} % Labor productivity -\providecommand{\ptyLab}{\ensuremath{z}} % usually, log of \PtyLab -\providecommand{\PtyLev}{\ensuremath{A}} % Multiplies overall production function -\providecommand{\ptyLev}{\ensuremath{a}} % Usually, log of \PtyLev -\providecommand{\pZero}{\ensuremath{\wp}} -\providecommand{\QLev}{\ensuremath{Q}} -\providecommand{\q}{\ensuremath{\koppa}} -\providecommand{\RCpnd}{\ensuremath{\mathbf{R}}} -\providecommand{\RevFunc}{\ensuremath{\pmb{\Pi}}} -\providecommand{\revFunc}{\ensuremath{\pmb{\pi}}} -\providecommand{\Rev}{\ensuremath{\Pi}} -\providecommand{\rev}{\ensuremath{\pi}} -\providecommand{\rfree}{\ensuremath{\mathsf{r}}} % The net return on the safe asset at an annual rate -\providecommand{\Rfree}{\ensuremath{\mathsf{R}}} % The return factor on the safe asset - unfortunately mathfrak fonts don't come through for tth -\providecommand{\RFunc}{\ensuremath{\mathrm{R}}} -\providecommand{\RGross}{\ensuremath{\breve{\mathsf{R}}}} -\providecommand{\rGross}{\ensuremath{\breve{\mathsf{r}}}} -%\providecommand{\RiskyAlt}{\ensuremath{\acute{\mathbf{R}}}} % The return on the risky asset -\providecommand{\RiskyAlt}{\ensuremath{\pmb{\mathfrak{R}}}} % The return on the risky asset -% \providecommand{\riskyAlt}{\ensuremath{\acute{\mathbf{r}}}} % The net return on the risky asset annual rate -\providecommand{\riskyAlt}{\ensuremath{\pmb{\mathfrak{r}}}} % The net return on the risky asset annual rate -\providecommand{\riskyshare}{\ensuremath{\varsigma}} -\providecommand{\Risky}{\ensuremath{\mathbf{R}}} % The return on the risky asset -\providecommand{\risky}{\ensuremath{\mathbf{r}}} % The net return on the risky asset annual rate -\providecommand{\RLev}{\ensuremath{R}} % Rate of return (but better to use \Rfree or \Risky or something else more specific -\providecommand{\RnormWGro}{\ensuremath{\mathcal{R}_{\WGro}}} % Normalized version of riskless return factor -\providecommand{\rnormwGro}{\ensuremath{\mathit{r}_{\wGro}}} % Normalized version of riskless rate of return -\providecommand{\Rnorm}{\ensuremath{\mathcal{R}}} % Normalized version of riskless return factor -\providecommand{\rnorm}{\ensuremath{\mathit{r}}} % Normalized version of riskless rate of return -\providecommand{\Rport}{\ensuremath{\mathbbmss{R}}} % Portfolio -weighted return -\providecommand{\rport}{\ensuremath{\mathbbmss{r}}} -\providecommand{\Rprod}{\ensuremath{\mathscr{R}}} -\providecommand{\rprod}{\ensuremath{\mathscr{r}}} -\providecommand{\rProd}{\ensuremath{\mathsf{r}}} -\providecommand{\RProd}{\ensuremath{\mathsf{R}}} -\providecommand{\RSave}{\ensuremath{\underline{\Rfree}}} -\providecommand{\rsave}{\ensuremath{\underline{\rfree}}} -\providecommand{\RBoro}{\ensuremath{\bar{\Rfree}}} -\providecommand{\rboro}{\ensuremath{\bar{\rfree}}} -%\providecommand{\R}{\Rfree} -\providecommand{\saveRate}{\grave{s}} % saving (income minus consumption) over income -\providecommand{\Save}{S} % Saving (income minus consumption) -\providecommand{\save}{s} % saving (income minus consumption) -\providecommand{\SDF}{\MLev} % Stochastic Discount Factor -\providecommand{\sdr}{\mRat} % Stochastic Discount rate -\providecommand{\Seniority}{\ensuremath{\mathsf{X}}} -\providecommand{\seniority}{\ensuremath{\mathsf{x}}} -\providecommand{\SeverancePayment}{\ensuremath{\mathcal{S}}} -\providecommand{\SeveranceRatio}{\ensuremath{\varsigma}} -%\providecommand{\Severance}{\ensuremath{\varsigma}} -\providecommand{\Severance}{\kappa} -\providecommand{\SE}{\SRat^{e}} -\providecommand{\sE}{\sRat^{e}} -\providecommand{\sFunc}{\ensuremath{\mathrm{s}}} -\providecommand{\shk}{\phi} -\providecommand{\Shk}{\Phi} -\providecommand{\ShkLogZeroLogStd}{\sigma_{\cancel{\ShkMeanOneLog}}} % Std of that shock -\providecommand{\ShkLogZeroLogVar}{\sigma_{\cancel{\ShkMeanOneLog}}^{2}} % Variance of that shock -\providecommand{\ShkLogZeroLog}{\cancel{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkLogZero}{\cancel{\ShkMeanOne}} % A shock whose expectation in logs is zero; cancellation of the nonzero mean for the mean one shock -\providecommand{\ShkMeanOneLogStd}{\sigma_{\ShkMeanOneLog}} % Std of that shock -\providecommand{\ShkMeanOneLogVar}{\sigma^{2}_{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkMeanOneLog}{\theta} % Log of that shock -\providecommand{\ShkMeanOne}{\Theta} % A shock whose expectation in levels is always equal to one regardless of variance -\providecommand{\SLevBF}{\mathbf{S}} -\providecommand{\sLevBF}{\mathbf{s}} -\providecommand{\SLevE}{\SLev^{e}} -\providecommand{\sLevE}{\sLev^{e}} -\providecommand{\SLevU}{\SLev^{u}} -\providecommand{\sLevU}{\sLev^{u}} -\providecommand{\SLev}{\ensuremath{S}} -\providecommand{\sLev}{\ensuremath{s}} -\providecommand{\srate}{\ensuremath{\varsigma}} -\providecommand{\SRatE}{\SRat^{e}} -\providecommand{\sRatE}{\sRat^{e}} -\providecommand{\SRatU}{\SRat^{u}} -\providecommand{\sRatU}{\sRat^{u}} -\providecommand{\SRat}{\ensuremath{S}} -\providecommand{\sRat}{\ensuremath{s}} -\providecommand{\STargE}{\Target{\SRat}^{\null}} -\providecommand{\sTargE}{\Target{\sRat}^{\null}} -\providecommand{\STargTarg}{\Target{\Target{\SRat}}} -\providecommand{\sTargTarg}{\Target{\Target{\sRat}}} -\providecommand{\STarg}{\Target{\SRat}} -\providecommand{\sTarg}{\Target{\sRat}} -\providecommand{\Steady}{\bar} -\providecommand{\Stocks}{{S}} -\providecommand{\stocks}{{s}} -\providecommand{\straight}{\Pi} -\providecommand{\Surplus}{\ensuremath{Z}} -\providecommand{\surplus}{\ensuremath{z}} -\providecommand{\SU}{\SRat^{u}} -\providecommand{\sU}{\sRat^{u}} -\providecommand{\Target}{\check} -\providecommand{\TaxCombInv}{\ensuremath{\mathcal{T}^{-1}}} -\providecommand{\TaxComb}{\ensuremath{\mathcal{T}}} -\providecommand{\TaxCorp}{\ensuremath{\Large \tau}} -\providecommand{\taxCorp}{\ensuremath{\tau}} -\providecommand{\taxDep}{\ensuremath{\partial}} -\providecommand{\TaxFree}{\ensuremath{\cancel{\Tax}}} -\providecommand{\TaxLev}{T} -\providecommand{\TaxNetTrans}{\ensuremath{Z}} -\providecommand{\taxNetTrans}{\ensuremath{z}} -\providecommand{\TaxPaid}{\ensuremath{T}} -\providecommand{\TaxRate}{\ensuremath{t}} -\providecommand{\TaxUI}{\ensuremath{\tau}} -\providecommand{\Tax}{\ensuremath{\tau}} -\providecommand{\tax}{\tau} -\providecommand{\tBak}{\ensuremath{\pmb{n}}} -\providecommand{\TEatBak}{\ensuremath{\mathtt{q}}} -\providecommand{\TEat}{\ensuremath{\TEnd}} -\providecommand{\TEndBak}{\ensuremath{\mathsf{p}}} -\providecommand{\TEnd}{\ensuremath{T}} -\providecommand{\TermTime}{\ensuremath{T}} -\providecommand{\tFwd}{\ensuremath{n}} -\providecommand{\tHorOfm}{\ensuremath{\pmb{n}}} -\providecommand{\tHor}{\ensuremath{\mathsf{n}}} -\providecommand{\timeRate}{\ensuremath{\vartheta}} -\providecommand{\tinyAmount}{\ensuremath{\epsilon}} -\providecommand{\TLev}{\ensuremath{T}} -\providecommand{\TMap}{\mathscr{T}} -\providecommand{\tNow}{\ensuremath{t}} -\providecommand{\tShkAll}{\xi} % -\providecommand{\tShkEmpMin}{\underline{\theta}} % -\providecommand{\TShkEmp}{\Theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tranShkInd}{\theta} % New -\providecommand{\TranShkAgg}{\Theta} % New -\providecommand{\TShk}{\Xi} % -\providecommand{\tShk}{\xi} % -\providecommand{\tshk}{\xi} % -\providecommand{\tSS}{\ensuremath{t}} -\providecommand{\tThen}{\ensuremath{\tau}} -\providecommand{\uFunc}{{\ensuremath{\mathrm{u}}}} -\providecommand{\uInvEpShkuInv}{\underline{\underline{\psi}}} -\providecommand{\ULev}{\ensuremath{U}} -\providecommand{\uLev}{\ensuremath{u}} -\providecommand{\unins}{\ensuremath{\zeta}} -\providecommand{\uPDVFunc}{\ensuremath{\mathbb{U}}} -\providecommand{\uPmt}{\ensuremath{\mu}} -\providecommand{\uPPP}{{\ensuremath{\mathrm{u}^{\prime\prime\prime}}}} -\providecommand{\uPP}{{\ensuremath{\mathrm{u}^{\prime\prime}}}} -\providecommand{\uP}{{\ensuremath{\mathrm{u}^{\prime}}}} -\providecommand{\urate}{\ensuremath{\mho}} -\providecommand{\utilFunc}{\ensuremath{\mathrm{u}}} -\providecommand{\util}{\ensuremath{u}} -\providecommand{\ValAlt}{\ensuremath{\mathcal{V}}} % middle-of-period Value function -\providecommand{\valfn}{\ensuremath{\mathrm{v}}} % middle-of-period value function -\providecommand{\Value}{\ensuremath{\mathrm{V}}} % middle-of-period Value function -\providecommand{\VEndFunc}{\ensuremath{\mathfrak{V}}} -\providecommand{\vEndFunc}{\ensuremath{\mathfrak{v}}} -\providecommand{\VEnd}{\ensuremath{\mathfrak{V}}} % end-of-period Value function -\providecommand{\vEnd}{\ensuremath{\mathfrak{v}}} % end-of-period value function -\providecommand{\vEss}{\check{v}^{e}} -\providecommand{\VE}{{V}^{e}} -\providecommand{\vE}{{v}^{e}} -\providecommand{\vFirm}{\ensuremath{\mathrm{e}}} -\providecommand{\VFunc}{\ensuremath{\mathrm{V}}} -\providecommand{\vFunc}{\ensuremath{\mathrm{v}}} -\providecommand{\VInv}{\ensuremath{\Lambda}} -\providecommand{\vInv}{\ensuremath{\scriptstyle \Lambda \displaystyle}} -\providecommand{\vk}{\ensuremath{\lambda}} -\providecommand{\vLevBF}{\ensuremath{\mathbf{v}}} -\providecommand{\VLevFunc}{\ensuremath{\pmb{\mathrm{V}}}} -\providecommand{\vLevFunc}{\ensuremath{\pmb{\mathrm{v}}}} -\providecommand{\VLev}{\ensuremath{V}} -\providecommand{\vLev}{\ensuremath{v}} -\providecommand{\vNorm}{\ensuremath{\mathrm{w}}} % end-of-period value function -\providecommand{\VNum}{\ensuremath{V}} -\providecommand{\vNum}{\ensuremath{v}} -\providecommand{\vOptAlt}{\ensuremath{\Alt{\tilde{\mathfrak{v}}}}} -\providecommand{\vOpt}{\ensuremath{\tilde{\mathfrak{v}}}} -\providecommand{\VRat}{\ensuremath{V}} -\providecommand{\vRat}{\ensuremath{v}} -\providecommand{\vTarg}{\Target{\vRat}} -\providecommand{\VU}{{V}^{u}} -\providecommand{\vU}{{v}^{u}} -\providecommand{\Wage}{\ensuremath{\mathsf{W}}} -\providecommand{\wage}{\ensuremath{\mathsf{w}}} -\providecommand{\WAllLev}{\ensuremath{\mathbf{O}}} -\providecommand{\wAllLev}{\ensuremath{\mathbf{o}}} -\providecommand{\WAllRat}{\ensuremath{O}} -\providecommand{\wAllRat}{\ensuremath{o}} -\providecommand{\WAll}{{O}} -\providecommand{\wAll}{{o}} -\providecommand{\WBeg}{\KLev} % Wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\wBeg}{\kLev} % wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\Wealth}{\ensuremath{O}} -\providecommand{\wealth}{\ensuremath{o}} -\providecommand{\WEndRat}{\ARat} % -\providecommand{\wEndRat}{\aRat} % -\providecommand{\WEnd}{\ALev} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wEnd}{\aLev} % wealth as of the end of the period (after C has been taken) -\providecommand{\Wend}{\ARat} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wend}{\aRat} % wealth as of the end of the period (after C has been taken) -\providecommand{\wFunc}{\mathrm{w}} -\providecommand{\WGroPF}{\ensuremath{\mathrm{G}}} -\providecommand{\WGro}{\ensuremath{\mathrm{G}}} -\providecommand{\wGro}{\ensuremath{\mathsf{g}}} -\providecommand{\whumMin}{\underline{\hRat}} % human wealth -- individual -\providecommand{\WHum}{\HLev} % Human wealth -- aggregate -\providecommand{\wHum}{\hLev} % human wealth -- individual -\providecommand{\Whum}{\HRat} % Human wealth -- aggregate -\providecommand{\whum}{\hRat} % human wealth -- individual -\providecommand{\WLev}{\ensuremath{W}} -\providecommand{\wLev}{\pmb{w}} -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wMid}{\bLev} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\Wmid}{\BRat} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wmid}{\bRat} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMkt}{\MLev} % Wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wMkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wmkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wNet}{\ensuremath{x}} % -\providecommand{\WNet}{\ensuremath{X}} % Total wealth -\providecommand{\WPre}{{K}} -\providecommand{\wPre}{{k}} -\providecommand{\wRat}{\ensuremath{o}} % -\providecommand{\WRat}{\ensuremath{O}} % Ratio to permanent income -\providecommand{\wTot}{\ensuremath{\mathbf{o}}} % -\providecommand{\WTot}{\ensuremath{\mathbf{O}}} % Total wealth -\providecommand{\wtot}{\ensuremath{o}} % -\providecommand{\Wtot}{\ensuremath{O}} % Total wealth -\providecommand{\xFer}{\chi} -\providecommand{\XFer}{X} -\providecommand{\xFunc}{\mathrm{x}} -\providecommand{\XLev}{\ensuremath{X}} -\providecommand{\xLev}{\ensuremath{x}} -\providecommand{\xpend}{\ensuremath{\xi}} -\providecommand{\XperGro}{\ensuremath{\mathsf{X}}} -\providecommand{\xperGro}{\ensuremath{\mathsf{x}}} -\providecommand{\XRat}{\ensuremath{X}} -\providecommand{\xRat}{\ensuremath{x}} -\providecommand{\yFunc}{\mathrm{y}} -\providecommand{\yLevBF}{\ensuremath{\mathbf{y}}} -\providecommand{\YLev}{\ensuremath{Y}} -\providecommand{\YLevBF}{\ensuremath{\mathbf{Y}}} -\providecommand{\yLev}{\ensuremath{y}} -\providecommand{\YRat}{\ensuremath{Y}} -\providecommand{\yRat}{\ensuremath{y}} -\providecommand{\yTargE}{\ensuremath{\check{y}^{e}}} -\providecommand{\yTarg}{\ensuremath{\check{y}}} -\providecommand{\zAgg}{\ensuremath{\pmb{Z}}} -\providecommand{\zFunc}{\mathrm{z}} -\providecommand{\ZLevBF}{\ensuremath{\mathbf{Z}}} -%\providecommand{\zLevBF}{\ensuremath{\mathbf{z}}} -\providecommand{\zLevBF}{\ensuremath{\pmb{z}}} -\providecommand{\ZLev}{\ensuremath{Z}} -\providecommand{\zLev}{\ensuremath{z}} -\providecommand{\ZRat}{\ensuremath{Z}} -\providecommand{\zRat}{\ensuremath{z}} - -\providecommand{\DieFac}{\pDead} -\providecommand{\LivFac}{\Alive} -\providecommand{\PopFac}{\PopGro} -\providecommand{\popRte}{\popGro} - - -\providecommand{\NFALev}{\NLev} -\providecommand{\NFARat}{\NRat} -\providecommand{\NI}{\ensuremath{Z}} -\providecommand{\GDPLev}{\pmb{P}} -\providecommand{\GDPRat}{P} -\providecommand{\GDPGro}{\gimel} -\providecommand{\gdpLev}{\pmb{p}} -\providecommand{\gdpRat}{p} -\providecommand{\weight}{\omega} - - -\providecommand{\bi}{} -\renewcommand{\bi}{\begin{itemize}} -\providecommand{\ei}{} -\renewcommand{\ei}{\end{itemize}} -\providecommand{\reqd}{} -\renewcommand{\reqd}{\item[$^{*}$]} -\providecommand{\recm}{} -\renewcommand{\recm}{\item[\phantom{$^{*}$}]} - -\providecommand{\pd}[2]{\frac{\partial#1}{\partial#2}} diff --git a/docs/texmf-local/tex/latex/handout.cls b/docs/texmf-local/tex/latex/handout.cls deleted file mode 100644 index 9c9e63664..000000000 --- a/docs/texmf-local/tex/latex/handout.cls +++ /dev/null @@ -1,407 +0,0 @@ -%%% LaTeX class for economics -%%% -%%% author: Christopher Carroll -%%% license: LaTeX Project Public License -%%% -%%% Modified from style itaxpf by Arne Henningsen -%%% version: 1.0 (09 July 2007) -%%% license: LaTeX Project Public License -%%% -%%% Further information is available at -%%% http://www.uni-kiel.de/agrarpol/ahenningsen/latex-bibtex.html -%%% -%%% This document class is based on the "scrartcl" class -%%% from the KOMA script bundle. For documentation, Google KOMA-Script Documentation -%%% -%%% The corresponding BibTeX style file "handout.bst" should be used -%%% for the bibliography: \bibliographystyle{handout} -%%% -%%% In addition to the options for scrartcl, this package includes an additional option -%%% titlepage = include a title page (with command "\maketitle", or "\maketitleWithForcedDate{}") -%%% -%%% If an abstract is defined by \begin{abstract}\end{abstract} before \maketitle is invoked, -%%% it will appear on the title page -%%% -%%% If the titlepage option is invoked: -%%% \keywords can be used to show keywords below the abstract -%%% \jelclass can be used to show JEL classifications below the abstract -%%% \thanks{text of the thank-you footnote} produces a footnote at the bottom of the page containing the text - -% Made by handoutMake.sh -\ProvidesClass{handout}[2019/11/18 LaTeX class for handouts written by Christopher Carroll] -\NeedsTeXFormat{LaTeX2e} -% \RequirePackage{rotating} -\RequirePackage{snapshot} % Creates list of external files used by a LaTeX document -\RequirePackage{ifthen} -\RequirePackage{changepage} - -% If unspecified whether pdf output (instead of dvi) is being used, determine that it SHOULD be -\newif\ifdvi\dvitrue -\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} - -% permit double spacing -\RequirePackage{setspace} -%\doublespacing - -% option to include a title page -\newcounter{IncludeTitlePage} -\setcounter{IncludeTitlePage}{0} -\DeclareOption{titlepage}{\setcounter{IncludeTitlePage}{1}} - -% pass any options on to the scrartcl class and load this class with some options -\DeclareOption*{\PassOptionsToClass{\CurrentOption}{scrartcl}} -\ProcessOptions\relax -\LoadClass[fontsize=12pt,english,numbers=noenddot,captions=tableheading,captions=nooneline]{scrartcl} -% pointlessnumbers = do not add final dot after ordinary section numbers -% tablecaptionabove = use \captionabove for captions above rather than below tables -% noonelinecaption = do not treat one-line captions differently - -% use new TeX encoding scheme (T1), which contains accented (European) letters, -% to make European hyphenations work -\RequirePackage[T1]{fontenc} - -% use babel package and set language to english -\RequirePackage[english]{babel} - -% spacing around formulas -\AtBeginDocument{ -\setlength{\abovedisplayshortskip}{6pt} -\setlength{\belowdisplayshortskip}{6pt} -\setlength{\abovedisplayskip}{6pt} -\setlength{\belowdisplayskip}{6pt} -\allowdisplaybreaks % Permits LaTeX to break long formulas across pages (?) -} - -%% Added the above info to the definition of normalsize -\def\normalsize{\@setfontsize \normalsize \@xiipt {14.5} -\abovedisplayskip 6\p@ \@plus 3\p@ \@minus 3\p@ -\belowdisplayskip \abovedisplayskip -\abovedisplayshortskip 6pt \belowdisplayshortskip 6pt -\let \@listi \@listI} -\normalsize - -% Don't indent the second and later lines of footnotes -\deffootnote[1em]{0.0em}{1em}{\textsuperscript{\thefootnotemark}} - -% spacing around captions and floats -\setlength{\abovecaptionskip}{6pt} -\setlength{\belowcaptionskip}{3pt} -\setlength{\floatsep}{0pt} -\setlength{\textfloatsep}{20pt} -\setlength{\intextsep}{15pt} - -\RequirePackage{calc} - -\newenvironment{Description} -{\begin{list}{}{\let\makelabel\Descriptionlabel - \setlength\labelwidth{75pt} - \setlength\labelsep{0pt} - \setlength\leftmargin{75pt} - \setlength\itemindent{0pt} -}} -{\end{list}} -\newcommand*\Descriptionlabel[1]{\textbf{#1}\hfil} - -\RequirePackage{cancel,verbatim, -amsmath,amssymb,amsfonts,amsthm -,threeparttable,dcolumn,multicol,multirow,booktabs % table environment extensions -,latexsym -,afterpage -,enotez -,moreverb -,hhline % Allow double hlines -,tipa % Define more characters, in particular the \textthorn character -,color -,accents -,appendix -} - -\DeclareInstance{enotez-list}{superscriptednotes}{paragraph} - { - number = \textsuperscript{#1} - } -% to get endnotes with superscripts, use \printendnotes[superscriptednotes] - -% \RequirePackage{handout} % Removed 20170801 because won't work when invoked from nonroot paths -% Contents of the file are pasted in below - -%---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -%---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -%To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -%To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -%To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -%To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -%-------------------------------------------------------- - - -\RequirePackage[mathscr]{eucal} -\RequirePackage[normalem]{ulem} -\providecommand\bmmax{0} % Prevent boldmath package from using up too much memory -\RequirePackage{bm} % Allow bold math -\RequirePackage{bbm} % Blackbord math - -% font for URLs -\RequirePackage{url} -\def\UrlFont{\ttfamily} - -\usepackage[handout]{optional} % Enable the control of compilation using options passed on startup -\opt{EndFloats}{\RequirePackage[noheads,nolists,tablesfirst,nomarkers]{endfloat}} - -% page format, margins if PrintGeom option is invoked -\opt{PrintGeom}{ -\RequirePackage{geometry} -\geometry{letterpaper, tmargin=1.4in, bmargin=1.4in, lmargin=1.25in, - rmargin=1.25in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\opt{JournalFormatting}{ % BEJM requires 1.5 inch margins -\RequirePackage{geometry} -\geometry{letterpaper, tmargin=1.5in, bmargin=1.5in, lmargin=1.5in, - rmargin=1.5in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\providecommand{\textSizeDefault}{\normalsize} -\opt{bigWide}{\renewcommand{\textSizeDefault}{\large}} - -\providecommand{\abstractSizeDefault}{\small} -\opt{bigWide}{\renewcommand{\abstractSizeDefault}{\normalsize}} - -%% formatting section headers -\setkomafont{section}{\normalfont \Large \bfseries} -\setkomafont{subsection}{\normalfont \large} -\setkomafont{subsubsection}{\normalfont \itshape} - -% citations and bibliography -\RequirePackage[authoryear]{natbib} -\AtBeginDocument{\renewcommand{\refname}{References} -\renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} % Restore footnote defn after titlepage redefines it -\ifdvi - \renewcommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht (which compiles using dvi) -\fi -} - -% captions of figures and tables -\setcapwidth[c]{\textwidth} -% \setcapindent*{0pt} -\setkomafont{captionlabel}{\centering \bfseries} -\setkomafont{caption}{\centering} -\renewcommand{\captionformat}{~ } - -\newcommand{\forcedate}[1]{\newcommand{\@forcedate}{#1}} - -% titlepage with title, author(s), and date - -\renewcommand{\maketitle}{ -\ifthenelse{ \isundefined\@forcedate }{ - \ClassWarningNoLine{handout}{{\protect\forcedate} is undefined in the .tex file; please define it and rerun}}{} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize \@date \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -\newcommand{\maketitleWithForcedDate}[1]{ -\ClassWarningNoLine{handout}{\protect\maketitleWithForcedDate{} is deprecated. To set a date different from the current one, just use the \protect\date{(string desired to signify paper date)}} - - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize #1 \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -% abstract, keywords, JEL classification -\newcommand{\keywords}[1]{\newcommand{\@keywords}{#1}} -\newcommand{\jelclass}[1]{\newcommand{\@jelclass}{#1}} -\newcommand{\aspublished}[1]{\newcommand{\@aspublished}{#1}} - -\renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{4mm} - \abstractSizeDefault - \noindent \textbf{Abstract}\\ - \indent -}{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{0mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{handout}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - -\begin{quote} -\begin{Description} -\item[\textbf{Keywords~}] \@keywords -\ifthenelse{ \isundefined\@jelclass }{ -\ClassWarningNoLine{handout}{No JEL classification specified. - Please use the command \protect\jelclass} -}{ -\item[\textbf{JEL codes~}] \@jelclass -} - -\end{Description} -\ifthenelse{ \isundefined\@aspublished }{ -}{ -{ - -\vspace{0.1in}\@aspublished} -}\end{quote} -} - -\setcounter{footnote}{0}% - -\medskip - -% avoid clubs and widows -\clubpenalty=1000 % penalty for breaking a page with only one sentence; set to 10000 to prohibit -\widowpenalty=10000 -% \displaywidowpenalty=10000 - -\hbadness 3000 % LaTeX default is 1000, which is too finicky - set to 10000 to get rid of complaints - -% increase stretchability of the spaces (avoid overfull hboxes) -\setlength{\emergencystretch}{3em} - - -\pagestyle{plain} -\thispagestyle{empty} - -\newcommand{\titlepagefinish}{\newpage -\renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} -} - - -\RequirePackage[multiple]{footmisc} -\RequirePackage{manyfoot} -%\RequirePackage{perpage} \DefineFNsymbols{blank}[text]{{} {} {} {} {}} \setfnsymbol{blank} \DeclareNewFootnote{B}[fnsymbol] \MakePerPage{footnoteB} \renewcommand{\thanks}{\footnoteB} \newcommand{\thanksFooter}{\footnoteB} - -% 20170126: perpage package conflicts with something else so is removed in handoutMake.sh - -\hfuzz2pt % Don't bother to report over-full boxes if over-edge is < 2pt - -%%%%%%%%%% Added by Amy Hendrickson, TeXnology Inc. -%% Amy change, Feb 28, 2011 ==>> - -%%% Generalization of the author and authorinfo commands, based on -%%% the original code. - -%% Sample use: -%% \author{Christopher D. Carroll\authNum \\ -%% \and -%% Jiri Slacalek\authNum \\ -%% \and -%% Martin Sommer\authNum \\ -%% \and -%% Another Name\authNum -%% \and -%% Still Another Name\authNum -%% } - -\newcounter{authornum} % Use either \num or (preferred) \authNum to denote authors -\def\num{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} -\def\authNum{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} - -%% \begin{authorsinfo}...\end{authorsinfo} - -%% Now used: -%% \begin{authorsinfo} -%% \name{First author: info} -%% \\ -%% \name{Second author: info} -%% \\ -%% \name{Third author: info} -%% (and so on for as many authors -%% as you have) -%% \end{authorsinfo} -%% (note: the \\ doesn't do anything, but makes it easier to -%% see the separate author names.) - -\newcounter{bottomauthor} -\def\authorsinfo{\global\c@bottomauthor=0\setbox0=\vbox\bgroup\footnotesize -\let\\ \relax -} - -\def\endauthorsinfo{\egroup -\footnoteB{\unvbox0} -} - -\def\name#1{\global\advance\c@bottomauthor by 1\textsuperscript{\tiny \the\c@bottomauthor}{#1}{~~~~}} - -\makeatletter -\DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} -\DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} -\DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} -\DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} -\DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} -\DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} -\DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} -\makeatother diff --git a/docs/texmf-local/tex/latex/handout.sty b/docs/texmf-local/tex/latex/handout.sty deleted file mode 100755 index 1147b1e85..000000000 --- a/docs/texmf-local/tex/latex/handout.sty +++ /dev/null @@ -1,30 +0,0 @@ -%---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -%---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -%To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -%To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -%To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -%To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -%-------------------------------------------------------- diff --git a/docs/texmf-local/tex/latex/handoutBibMake.tex b/docs/texmf-local/tex/latex/handoutBibMake.tex deleted file mode 100755 index 7d7077521..000000000 --- a/docs/texmf-local/tex/latex/handoutBibMake.tex +++ /dev/null @@ -1,7 +0,0 @@ - -% \write18{if [ ! -f economics.bib ]; then touch economics.bib ; fi} -\write18{if [ ! -f \jobname.bib ]; then touch \jobname.bib ; fi} -\write18{if [ ! -f \jobname-Add.bib ]; then touch \jobname-Add.bib ; fi} - -\bibliographystyle{handout} -\bibliography{economics,\jobname,\jobname-Add} diff --git a/docs/texmf-local/tex/latex/handoutSetup.sty b/docs/texmf-local/tex/latex/handoutSetup.sty deleted file mode 100644 index be4d6b480..000000000 --- a/docs/texmf-local/tex/latex/handoutSetup.sty +++ /dev/null @@ -1,247 +0,0 @@ -\usepackage{handoutShortcuts} -\RequirePackage{wasysym -,psibycus % Greek language package, including koppa -,ushort -%,lscape % Pages in landscape mode go inside \begin{landscape}\end{landscape} % CONFLICTS WITH EPSTOPDF -} - -\newenvironment{CDCPrivate} % Environment for extra material not wanted in the public document -{\marginpar{\tiny beginCDC}}{\marginpar{\tiny endCDC}} % CDCPrivate - -\provideboolean{Web} -\setboolean{Web}{false} % reset to true if running via dvi; search for \ifdvi below - -\provideboolean{bigPrint} -\setboolean{bigPrint}{true} -\setboolean{bigPrint}{false} - -\provideboolean{wideMargins} -\setboolean{wideMargins}{true} -\setboolean{wideMargins}{false} - -\provideboolean{BigAndWide} -\setboolean{BigAndWide}{true} -\setboolean{BigAndWide}{false} - -% Options to set if being run from the shell (so autocompiled) -\opt{FromShell}{ -\setboolean{bigPrint}{false} -\setboolean{wideMargins}{false} -\setboolean{BigAndWide}{false} -} - -\opt{bigWide}{ -\setboolean{bigPrint}{true} -\setboolean{wideMargins}{true} -\setboolean{BigAndWide}{true} -\providecommand{\textSizeDefault}{\large} -\providecommand{\abstractSizeDefault}{\large} -} - -\opt{Aquamacs}{ -%\setboolean{bigPrint}{true} -%\setboolean{wideMargins}{true} -%\setboolean{BigAndWide}{true} -%\providecommand{\textSizeDefault}{\large} -%\providecommand{\abstractSizeDefault}{\large} -} - -\provideboolean{KoppaOn} -\setboolean{KoppaOn}{true} -%\setboolean{KoppaOn}{false} - -\ifthenelse{\boolean{KoppaOn}}{ -\providecommand{\koppa}{\text{\greek{k+}}} -\providecommand{\Koppa}{\text{\greek{K+}}} -\providecommand{\sampi}{\text{\greek{s+}}} -\providecommand{\cigma}{\text{\greek{c+}}} -\providecommand{\Cigma}{\text{\greek{C+}}} -}{ -\def\koppa{\mathbf{q}}\providecommand{\koppa}{$\mathbf{q}$}\providecommand{\Koppa}{$\mathbf{Q}$} -} - -% Keep the elements in the argument #1 together on the same page -\newcommand{\together}[1]{\noindent\parbox{\linewidth}{#1}} - -% html version of document must be constructed by running pdflatex in -% dvi output mode; code below creates an ifdvi construct that detects -% whether running in dvi mode and sets the options necessary to generate -% html version of document using tex4ht - -%\makeatletter -%\newif\ifdvi\dvitrue -%\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} -%\makeatother - -% dvi compilation only occurs if making the html version -\ifdvi - \setboolean{Web}{true} - \RequirePackage{tex4ht} - \RequirePackage{graphicx} - \RequirePackage[tex4ht]{hyperref} - \provideboolean{bigPrint}\setboolean{bigPrint}{true} % HTM output looks better in a larger font size - \providecommand{\wideMargins}{\null{}} % Wide margins doesn't mean anything for html documents - \newcommand{\CDCFig}[1]{\centerline{\includegraphics{#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics{#1}}} - \DeclareGraphicsExtensions{.png} - \providecommand{\textSizeDefault}{\large} - \providecommand{\titlepagefinish}{\newpage\textSizeDefault} - \providecommand{\abstractSizeDefault}{\large} - \providecommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht - \let\footnoterule\relax - \makeatletter - \renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{5mm} - \noindent \textbf{Abstract}\\ - \indent \abstractSizeDefault - }{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{3mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{handout}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - \begin{quote} - \begin{Description} - \item[\textbf{~~~~~~~~~~~~Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{handout}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{~~~~~~~~~~~~JEL codes~}] \@jelclass - \end{Description} - } - \end{quote} - \makeatother - } -\else - \RequirePackage[pdftex]{graphicx} - \RequirePackage[plainpages=false]{hyperref} - \hypersetup{ - pdffitwindow = false, % Don't rescale to fit size of window - pdfpagemode=UseThumbs, - pdfstartview=FitH, - pdfnewwindow = true, % Links open in new window - pdfproducer = {pdfLaTeX with hyperref} - } - \providecommand{\wideMargins}{\usepackage[twoside,marginparwidth=0in,left=0.5in,right=0.5in,top=0.5in,bottom=0.5in]{geometry}\usepackage{layouts}} - \ifthenelse{\boolean{wideMargins}}{\wideMargins}{} - \newcommand{\CDCFig}[1]{\centerline{\includegraphics[width=0.75\textwidth]{../Figures/#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics[width=7.8in,height=5.5in]{../Figures/#1}}} - \DeclareGraphicsExtensions{.pdf} - \ifthenelse{\boolean{bigPrint}}{\renewcommand{\titlepagefinish}{\newpage\large}}{} -\fi - -\newcolumntype{d}[1]{D{.}{.}{#1}} % Seems to need to come after hyperref - -\definecolor{darkblue}{rgb}{0.055,0.094,0.7} -\definecolor{darkred}{rgb}{0.6,0,0} -\hypersetup{colorlinks=true, % put a box around links - linkbordercolor = {1 0 0}, % the box will be red - pdfborder = {1 0 0}, % -% bookmarks=true, % PDF will contain an index on the RHS - urlcolor=darkred, - citecolor=darkblue, - linkcolor=darkred -} - -%% Define the title table as different from the regular table - -%\let\tabularTitle\tabular -%\let\endtabularTitle\endtabular - -%\newenvironment{tabularTitle}{\tabularTitle}{\endtabularTitle} -\newenvironment{tabularTitle}{\tabular}{\endtabular} -\providecommand{\handoutHeader}{{\tiny \noindent $^\copyright$\today, \href{https://www.econ2.jhu.edu/people/ccarroll/}{Christopher D. Carroll} \hfill \href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes}{\jobname}}\medskip\medskip -\ifthenelse{\boolean{bigPrint}}{\large}{} -\ifthenelse{\boolean{BigAndWide}}{\large}{} -\opt{Web}{\large} -\opt{bigWide}{\large} -} - -\providecommand{\SolvingMicroDSOPs}{\href{https://www.econ2.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}{SolvingMicroDSOPs}} - -\newcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Consumption/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutF}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1.pdf}{\texttt{#1}}} -\newcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList.pdf}{\texttt{MathFacts}}} -\newcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{#1}}} -\newcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation.pdf}{\texttt{Aggregation}}} - - -% If doing a web version, renewcommands link to the html versions of handouts -\ifdvi -\renewcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/#1}{\texttt{#1}}} -\renewcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1}{\texttt{#1}}} -\renewcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1}{\texttt{#1}}} -\renewcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1}{\texttt{#1}}} -\renewcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFactsList/#1}{\texttt{#1}}} -\fi -\renewcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{MathFacts}}} -\renewcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation/}{\texttt{Aggregation}}} - -\providecommand{\handoutNameMake}{\centerline{\LARGE \input \jobname.title}\vspace{.15in}} -% Generic starting text for MathFactsList generated file -\message{Including MathFactsList.defs} -\providecommand{\CRRALim}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#CRRALim}{\ensuremath{\mathtt{[CRRALim]}}}} -\providecommand{\ELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNorm}{\ensuremath{\mathtt{[ELogNorm]}}}} -\providecommand{\ELogNormMeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormMeanOne}{\ensuremath{\mathtt{[ELogNormMeanOne]}}}} -\providecommand{\ELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormTimes}{\ensuremath{\mathtt{[ELogNormTimes]}}}} -\providecommand{\EulersTheorem}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#EulersTheorem}{\ensuremath{\mathtt{[EulersTheorem]}}}} -\providecommand{\ExpEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpEps}{\ensuremath{\mathtt{[ExpEps]}}}} -\providecommand{\ExpPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpPlus}{\ensuremath{\mathtt{[ExpPlus]}}}} -\providecommand{\FinSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSum}{\ensuremath{\mathtt{[FinSum]}}}} -\providecommand{\InfSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSum}{\ensuremath{\mathtt{[InfSum]}}}} -\providecommand{\LogELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNorm}{\ensuremath{\mathtt{[LogELogNorm]}}}} -\providecommand{\LogELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNormTimes}{\ensuremath{\mathtt{[LogELogNormTimes]}}}} -\providecommand{\LogEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogEps}{\ensuremath{\mathtt{[LogEps]}}}} -\providecommand{\LogMeanMPS}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogMeanMPS}{\ensuremath{\mathtt{[LogMeanMPS]}}}} -\providecommand{\MeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MeanOne}{\ensuremath{\mathtt{[MeanOne]}}}} -\providecommand{\MultPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MultPlus}{\ensuremath{\mathtt{[MultPlus]}}}} -\providecommand{\NormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#NormTimes}{\ensuremath{\mathtt{[NormTimes]}}}} -\providecommand{\OverPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#OverPlus}{\ensuremath{\mathtt{[OverPlus]}}}} -\providecommand{\SmallSmallZero}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SmallSmallZero}{\ensuremath{\mathtt{[SmallSmallZero]}}}} -\providecommand{\SumNormsIsNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SumNormsIsNorm}{\ensuremath{\mathtt{[SumNormsIsNorm]}}}} -\providecommand{\TaylorOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorOne}{\ensuremath{\mathtt{[TaylorOne]}}}} -\providecommand{\TaylorTwo}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorTwo}{\ensuremath{\mathtt{[TaylorTwo]}}}} -\RequirePackage{ifthen} - -\provideboolean{AnswersTF}\setboolean{AnswersTF}{false} % Default is no answers; run with \UseOption{Answers} from shell to generate answers - - -\provideboolean{ExamQ} -\setboolean{ExamQ}{false} -\newcommand{\ifExamQuestion}{\ifthenelse{\boolean{ExamQ}}} - -\provideboolean{SpaceBetweenAnswers} -\setboolean{SpaceBetweenAnswers}{true} -\providecommand{\AnswerOrBlankSpace}{\ifthenelse{\boolean{SpaceBetweenAnswers}}} - -\opt{Answers}{\provideboolean{AnswersTF}\setboolean{AnswersTF}{true}} - -\newcommand{\ifAnswers}{\ifthenelse{\boolean{AnswersTF}}} -\newcommand{\answer}[2]{\ifthenelse{\boolean{AnswersTF}}{ - -{\it Answer:} -\begin{quote} -#1 -\end{quote} -} -{#2}} - - - - - -\expandafter\let\csname NR:Type\endcsname\relax diff --git a/docs/texmf-local/tex/latex/handoutshortcuts.sty b/docs/texmf-local/tex/latex/handoutshortcuts.sty deleted file mode 100644 index a1fa08a91..000000000 --- a/docs/texmf-local/tex/latex/handoutshortcuts.sty +++ /dev/null @@ -1,630 +0,0 @@ -% Generated originally from CDCShortcuts.sty -\providecommand{\aAgg}{\ensuremath{\mathsf{A}}} -\providecommand{\aboveMin}{\blacktriangle} -\providecommand{\adjPar}{\ensuremath{\omega}} -\providecommand{\adj}{\ensuremath{\mathrm{j}}} -\providecommand{\aE}{\aRat^{e}} -\providecommand{\aFunc}{\ensuremath{\mathrm{a}}} -\providecommand{\Age}{\ensuremath{Z}} -\providecommand{\age}{\ensuremath{z}} -\providecommand{\ALevBF}{\ensuremath{\mathbf{A}}} -\providecommand{\aLevBF}{\ensuremath{\mathbf{a}}} -\providecommand{\ALev}{\ensuremath{A}} -\providecommand{\aLev}{\ensuremath{a}} -\providecommand{\Alive}{\ensuremath{\aleph}} -\providecommand{\Alt}{\grave} -\providecommand{\aMin}{\ensuremath{\underline{\aRat}}} -\providecommand{\ARat}{\ensuremath{A}} -\providecommand{\aRat}{\ensuremath{a}} -\providecommand{\ASS}{\ensuremath{\ensuremath{A}}} -\providecommand{\aSS}{\ensuremath{\ensuremath{a}}} -\providecommand{\ATarg}{\ensuremath{\check{A}}} -\providecommand{\aTarg}{\ensuremath{\check{a}}} -\providecommand{\BE}{\BRat^{e}} -\providecommand{\bE}{\bRat^{e}} -\providecommand{\BLevBF}{\ensuremath{\mathbf{B}}} -\providecommand{\bLevBF}{\ensuremath{\mathbf{b}}} -\providecommand{\BLevE}{\ensuremath{\BLev^{e}}} -\providecommand{\bLevE}{\ensuremath{\bLev^{e}}} -\providecommand{\BLevU}{\ensuremath{\BLev^{u}}} -\providecommand{\bLevU}{\ensuremath{\bLev^{u}}} -\providecommand{\BLev}{\ensuremath{B}} -\providecommand{\bLev}{\ensuremath{b}} -\providecommand{\bMin}{\ensuremath{\underline{\bRat}}} -\providecommand{\bRatE}{\ensuremath{b}^{e}} -\providecommand{\BRatE}{\ensuremath{B}^{e}} -\providecommand{\bRatU}{\ensuremath{b}^{u}} -\providecommand{\BRat}{\ensuremath{B}} -\providecommand{\bRat}{\ensuremath{b}} -\providecommand{\bTargE}{\ensuremath{\check{b}^{e}}} -\providecommand{\BTargTarg}{\Target{\Target{\BRat}}} -\providecommand{\bTargTarg}{\Target{\Target{\bRat}}} -\providecommand{\BTarg}{\ensuremath{\check{B}}} -\providecommand{\bTarg}{\ensuremath{\check{b}}} -\providecommand{\BU}{{B}^{u}} -\providecommand{\bU}{{b}^{u}} -\providecommand{\cAgg}{\ensuremath{\pmb{C}}} -\providecommand{\CARA}{\ensuremath{\alpha}} -\providecommand{\ccRat}{\ensuremath{\mathsf{c}}} -\providecommand{\CDF}{\ensuremath{\mathcal{F}}} -\providecommand{\CEndFunc}{\ensuremath{\mathfrak{C}}} -\providecommand{\cEndFunc}{\ensuremath{\mathfrak{c}}} -\providecommand{\cEss}{{c}^{e}} -\providecommand{\CE}{\CRat^{e}} -\providecommand{\cE}{\cRat^{e}} -\providecommand{\cFuncAbove}{\ensuremath{\bar{\mathrm{c}}}} -\providecommand{\cFuncBelow}{\ensuremath{\uline{\mathrm{c}}}} -\providecommand{\cFuncMax}{\ensuremath{\bar{\bar{\mathrm{c}}}}} -\providecommand{\CFunc}{\ensuremath{\mathrm{C}}} -\providecommand{\cFunc}{\ensuremath{\mathrm{c}}} -\providecommand{\cFunc}{\ensuremath{\mathrm{c}}} -\providecommand{\CGroOverG}{\ensuremath{\Upsilon}} -\providecommand{\CGroOverR}{\ensuremath{\Phi}} -\providecommand{\CGroPF}{\ensuremath{\Lambda}} -\providecommand{\cGroPF}{\ensuremath{\lambda}} -\providecommand{\CGroPS}{\ensuremath{\chi}} % Precautionary Saving boost to consumption growth -\providecommand{\chiFunc}{\pmb{\chi}} -\providecommand{\Chi}{\ensuremath{\mathrm{X}}} % capital chi is sometimes useful, and not native to LaTeX -\providecommand{\CLevBF}{\ensuremath{\mathbf{C}}} -\providecommand{\cLevBF}{\ensuremath{\mathbf{c}}} -\providecommand{\CLevE}{\CLev^{e}} -\providecommand{\cLevE}{\cLev^{e}} -\providecommand{\cLevFunc}{\ensuremath{\pmb{\cFunc}}} -\providecommand{\CLevU}{\CLev^{u}} -\providecommand{\cLevU}{\cLev^{u}} -\providecommand{\cLev}{\ensuremath{c}} -\providecommand{\CLev}{\ensuremath{C}} -\providecommand{\Cons}{\ensuremath{C}} -\providecommand{\cons}{\ensuremath{c}} -\providecommand{\corr}{\varrho} -\providecommand{\cPDVFunc}{\ensuremath{\mathbb{C}}} -\providecommand{\CPDV}{\ensuremath{\text{PDV($C$)}}} -\providecommand{\cPPP}{\cons^{\prime\prime\prime}} -\providecommand{\cPP}{\cons^{\prime\prime}} -\providecommand{\cP}{\cons^{\prime}} -\providecommand{\cRatBF}{\ensuremath{\pmb{c}}} -\providecommand{\CRatE}{\CRat^{e}} -\providecommand{\cRatE}{\cRat^{e}} -\providecommand{\CRatU}{\CRat^{u}} -\providecommand{\cRatU}{\cRat^{u}} -\providecommand{\CRat}{\ensuremath{C}} -\providecommand{\cRat}{\ensuremath{c}} -\providecommand{\CRRA}{\ensuremath{\rho}} -\providecommand{\CTargE}{\CTarg^{\null}} -\providecommand{\cTargE}{\ensuremath{\Target{c}^{e}}} -\providecommand{\cTargTarg}{\Target{\Target{\cRat}}} -\providecommand{\CTarg}{\ensuremath{\Target{C}}} -\providecommand{\cTarg}{\ensuremath{\Target{c}}} -\providecommand{\curr}{1} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\Curr}{t} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\CU}{\CRat^{u}} -\providecommand{\cU}{\cRat^{u}} -\providecommand{\dRat}{\ensuremath{d}} -\providecommand{\debtLim}{\mathsf{d}} -\providecommand{\Debt}{\ensuremath{D}} -\providecommand{\debt}{\ensuremath{d}} -\providecommand{\DeprFac}{\ensuremath{\daleth}} -\providecommand{\Depr}{\ensuremath{\daleth}} -\providecommand{\depr}{\ensuremath{\delta}} -\providecommand{\deprRte}{\ensuremath{\delta}} % New -\providecommand{\DiscAltuAdj}{\ensuremath{\underline{\underline{\beth}}}} -\providecommand{\DiscAlt}{\ensuremath{\beth}} -\providecommand{\Discount}{\ensuremath{\beta}} -\providecommand{\DiscRate}{\ensuremath{\vartheta}} -\providecommand{\DiscRte}{\ensuremath{\vartheta}} % New -\providecommand{\DiscFac}{\ensuremath{\beta}} % New -\providecommand{\DivGro}{\ensuremath{\mathsf{G}}} -\providecommand{\divGro}{\ensuremath{\mathsf{g}}} -\providecommand{\Div}{\ensuremath{D}} -% \providecommand{\div}{\ensuremath{d}} reserved for divide -\providecommand{\DLev}{\ensuremath{D}} -\providecommand{\Dvdnd}{\ensuremath{\mathbf{D}}} -\providecommand{\dvdnd}{\ensuremath{d}} -\providecommand{\edvdnd}{\grave{\dvdnd}} -\providecommand{\EEndMap}{\ensuremath{\mathsf{E}}} -\providecommand{\effUnits}{\ensuremath{X}} -\providecommand{\eFunc}{\ensuremath{\mathrm{e}}} -\providecommand{\ELev}{\ensuremath{E}} -\providecommand{\ek}{\ensuremath{\lambda}} -\providecommand{\EmpGro}{\ensuremath{\Xi}} -\providecommand{\empGro}{\ensuremath{\xi}} -\providecommand{\empState}{\xi} % employment state indicator variable -\providecommand{\EpremLog}{\varphi} % Not using regular \eprem because want to distinguish between \varphi = log E_{t}[\Phi_{t+1}] and \phi_{t} = E[\log \Phi_{t}] -\providecommand{\EPrem}{\Phi} % equity premium -\providecommand{\eprem}{\phi} % log equity premium -\providecommand{\EpShkInv}{\Ex[\pShk^{-1}]} -\providecommand{\erate}{\ensuremath{\cancel{\mho}}} -\providecommand{\error}{\ensuremath{\epsilon}} -\providecommand{\Err}{\ensuremath{Z}} -\providecommand{\err}{\ensuremath{z}} -\providecommand{\err}{\ensuremath{z}} -\providecommand{\Estdr}{\ensuremath{\sigma_{\risky}}} % Standard deviation of log return on risky asset -\providecommand{\Evarr}{\ensuremath{\sigma_{\risky}^{2}}} % Variance of log return on risky asset -\providecommand{\EVarr}{\sigma_{\Risky}^{2}} % Variance of level return on risky asset (when returns norm dist) -\providecommand{\expend}{\ensuremath{\xi}} -%\providecommand{\Ex}{\ensuremath{\mathbb{E}}} % Expectations operator defined in econtex.cls -\providecommand{\FDist}{\ensuremath{\mathcal{F}}} -\providecommand{\fDist}{\ensuremath{\mathcal{f}}} -\providecommand{\FFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\fFunc}{\ensuremath{\mathrm{f}}} -\providecommand{\FLev}{\ensuremath{F}} -\providecommand{\fLev}{\ensuremath{f}} -\providecommand{\fPP}{\ensuremath{\mathrm{f}^{\prime\prime}}} -\providecommand{\FPP}{\ensuremath{\mathrm{F}^{\prime\prime}}} -\providecommand{\fP}{\ensuremath{\mathrm{f}^{\prime}}} -\providecommand{\FP}{\ensuremath{\mathrm{F}^{\prime}}} -\providecommand{\GLev}{\ensuremath{G}} -\providecommand{\GovNW}{\ensuremath{N}} -\providecommand{\govNW}{\ensuremath{n}} -\providecommand{\GovSpend}{\ensuremath{X}} -\providecommand{\govSpend}{\ensuremath{x}} -\providecommand{\Habit}{\ensuremath{H}} -\providecommand{\Habit}{\ensuremath{H}} -\providecommand{\habit}{\ensuremath{h}} -\providecommand{\Ham}{\ensuremath{\mathcal{H}}} % Hamiltonian -\providecommand{\HARKcore}{\texttt{HARKcore}} -\providecommand{\hEndMin}{\ensuremath{\underline{\mathfrak{h}}}} -\providecommand{\hEnd}{\ensuremath{\mathfrak{h}}} -\providecommand{\hFunc}{\ensuremath{\mathrm{h}}} -\providecommand{\Hi}{\hat} -\providecommand{\HLevBF}{\ensuremath{\mathbf{H}}} -\providecommand{\hLevBF}{\ensuremath{\mathbf{h}}} -\providecommand{\HLev}{\ensuremath{\pmb{H}}} -\providecommand{\hLev}{\ensuremath{\pmb{h}}} -\providecommand{\hMin}{\ensuremath{\underline{\h}}} -\providecommand{\HMin}{\ensuremath{\underline{H}}} -\providecommand{\hours}{\ensuremath{\mathfrak{h}}} -\providecommand{\Hours}{\ensuremath{\mathfrak{H}}} -\providecommand{\HRat}{\ensuremath{H}} -\providecommand{\hRat}{\ensuremath{h}} -\providecommand{\h}{\ensuremath{h}} -%\providecommand{\H}{\ensuremath{H}} -\providecommand{\iFunc}{\ensuremath{\mathrm{i}}} -\providecommand{\IFunc}{\ensuremath{\mathrm{I}}} -\providecommand{\ILev}{\ensuremath{I}} -\providecommand{\iLev}{\ensuremath{i}} -\providecommand{\impg}{{\imath}_{\pGro}} -\providecommand{\ImpG}{{\Im}_{\PGro}} -\providecommand{\impr}{{\imath}_{\rfree}} -\providecommand{\ImpR}{{\Im}_{\Rfree}} -\providecommand{\Inc}{{Y}} -\providecommand{\inc}{{y}} -\providecommand{\InvEpShkInv}{\underline{\psi}} -\providecommand{\Inv}{{I}} -\providecommand{\inv}{{i}} -\providecommand{\IRat}{\ensuremath{I}} -\providecommand{\iRat}{\ensuremath{i}} -\providecommand{\itc}{\ensuremath{\zeta}} -\providecommand{\jFunc}{\ensuremath{\mathrm{j}}} -\providecommand{\JLev}{\ensuremath{J}} -\providecommand{\kapRent}{\ensuremath{\varkappa}} -\providecommand{\kapShare}{\ensuremath{\alpha}} -\providecommand{\Kap}{{K}} -\providecommand{\kap}{{k}} -\providecommand{\KFunc}{\ensuremath{\mathrm{K}}} -\providecommand{\kFunc}{\ensuremath{\mathrm{k}}} -\providecommand{\KLevBF}{\ensuremath{\mathbf{K}}} -\providecommand{\kLevBF}{\ensuremath{\mathbf{k}}} -\providecommand{\KLev}{\ensuremath{K}} -\providecommand{\kLev}{\ensuremath{k}} -\providecommand{\kPriceAfterITC}{\ensuremath{\mathscr{P}}} -\providecommand{\kPrice}{\ensuremath{\mathsf{P}}} -\providecommand{\KRat}{\ensuremath{K}} -\providecommand{\kRat}{\ensuremath{k}} -\providecommand{\kTargE}{\ensuremath{\Target{k}^{e}}} -\providecommand{\kTarg}{\ensuremath{\Target{k}}} -\providecommand{\labor}{\ensuremath{\ell}} % -\providecommand{\Labor}{\ensuremath{L}} -\providecommand{\labShare}{\ensuremath{\nu}} -\providecommand{\Leisure}{Z} % -\providecommand{\leisure}{z} % -\providecommand{\leiShare}{\ensuremath{\zeta}} % -\providecommand{\LGro}{\ensuremath{\Lambda}} -\providecommand{\lGro}{\ensuremath{\lambda}} -\providecommand{\LLevBF}{\ensuremath{\mathbf{L}}} -\providecommand{\lLevBF}{\ensuremath{\pmb{\ell}}} -\providecommand{\lLev}{\ensuremath{\ell}} -\providecommand{\LLev}{\ensuremath{L}} -\providecommand{\Lo}{\check} -\providecommand{\LRat}{\ensuremath{L}} -\providecommand{\MaxMaxMPC}{\ensuremath{\bar{\bar{\kappa}}}} -\providecommand{\MaxMinMPC}{\ensuremath{\hat{\underline{\kappa}}}} -\providecommand{\MaxMPC}{\ensuremath{\bar{\kappa}}} -\providecommand{\MaxMPS}{\ensuremath{\PatR}} -\providecommand{\Mean}{\ensuremath{\mathbb{M}}} % Mean -\providecommand{\mEss}{\check{m}^{e}} -\providecommand{\ME}{\MRat^{e}} -\providecommand{\mE}{\mRat^{e}} -\providecommand{\mFunc}{\ensuremath{\mathrm{m}}} -\providecommand{\MinMinMPC}{\ensuremath{\underline{\kappa}}} -\providecommand{\MinMPC}{\ensuremath{\uline{\kappa}}} -\providecommand{\MinMPS}{\ensuremath{\pZero^{1/\CRRA} \PatR}} -\providecommand{\MLevBF}{\ensuremath{\mathbf{M}}} -\providecommand{\mLevBF}{\ensuremath{\mathbf{m}}} -\providecommand{\mLevBF}{\ensuremath{\mathbf{m}}} -\providecommand{\mLevE}{\mLev^{e}} -\providecommand{\MLev}{\ensuremath{M}} -\providecommand{\mLev}{\ensuremath{m}} -\providecommand{\MPCE}{\MPC^{e}} -\providecommand{\MPCFunc}{\ensuremath{\pmb{\kappa}}} -\providecommand{\MPCPPF}{\ensuremath{\Pi}} -\providecommand{\MPCP}{\ensuremath{\pi}} -\providecommand{\MPCU}{\MPC^{u}} -\providecommand{\MPC}{\ensuremath{\kappa}} -\providecommand{\MPSFunc}{\ensuremath{\pmb{lambda}}} -\providecommand{\MPS}{\ensuremath{\lambda}} -\providecommand{\MRatE}{\MRat^{e}} -\providecommand{\mRatE}{\mRat^{e}} -\providecommand{\MRat}{\ensuremath{M}} -\providecommand{\mRat}{\ensuremath{m}} -\providecommand{\MSS}{\ensuremath{\breve{M}}} -\providecommand{\mSS}{\ensuremath{\breve{m}}} -\providecommand{\mTarg}{\check{m}} -\providecommand{\MU}{{M}^{u}} -\providecommand{\mU}{{m}^{u}} -%\providecommand{\m}{\ensuremath{m}} -%\providecommand{\M}{\ensuremath{M}} -%\providecommand{\next}{2} % via search-and-replace -\providecommand{\Next}{t+1} % -\providecommand{\nFunc}{\ensuremath{\mathrm{n}}} -\providecommand{\NLev}{\ensuremath{N}} -\providecommand{\nLev}{\ensuremath{n}} -\providecommand{\NRat}{\ensuremath{N}} -\providecommand{\nRat}{\ensuremath{n}} -\providecommand{\Num}{\ensuremath{N}} -\providecommand{\nIter}{\ensuremath{n}} -\providecommand{\OLevBF}{\ensuremath{\mathbf{O}}} -\providecommand{\oLevBF}{\ensuremath{\mathbf{o}}} -\providecommand{\OLev}{\ensuremath{O}} -\providecommand{\oLev}{\ensuremath{\pmb{o}}} -\providecommand{\ORat}{\ensuremath{O}} -\providecommand{\oRat}{\ensuremath{o}} -\providecommand{\Pareto}{\zeta} -\providecommand{\PatPGroAdj}{\text{\pmb{\Thorn}}_{\acute{\PGro}}} -\providecommand{\patpGroAdj}{\text{\thorn}_{\acute{\pGro}}} -\providecommand{\patpGrohat}{\hat{\text{\thorn}}_{\pGro}} -\providecommand{\PatPGro}{\text{\pmb{\Thorn}}_{\PGro}} -\providecommand{\patpGro}{\text{\thorn}_{\pGro}} -\providecommand{\PatR}{\text{\pmb{\Thorn}}_{\Rfree}} -\providecommand{\patr}{\text{\thorn}_{\rfree}} -\providecommand{\PatU}{\text{\pmb{\Thorn}}_{\urate}} -\providecommand{\patu}{\text{\thorn}_{\urate}} -\providecommand{\PatWGro}{\text{\pmb{\Thorn}}_{\WGro}} -\providecommand{\patwGro}{\text{\thorn}_{\wGro}} -\providecommand{\Pat}{\text{\pmb{\Thorn}}} -\providecommand{\pat}{\text{\thorn}} -\providecommand{\pDeadRate}{\ensuremath{\grave{\cancel{\mathsf{d}}}}} -\providecommand{\pDead}{\ensuremath{\mathfrak{D}}} -\providecommand{\pDieRate}{\ensuremath{\grave{\mathsf{d}}}} -\providecommand{\pDies}{\ensuremath{\mathsf{d}}} % Continuous time death rate -\providecommand{\PDies}{\ensuremath{\mathsf{D}}} % Discrete-time one-period death rate -\providecommand{\PDV}{\ensuremath{\mathbb{P}}} % PDV -\providecommand{\PGroAdj}{\ensuremath{\underline{\PGro}}} -\providecommand{\pGroAdj}{\ensuremath{\underline{\pGro}}} -\providecommand{\PGrouAdj}{\ensuremath{\underline{\underline{\PGro}}}} -\providecommand{\pGrouAdj}{\ensuremath{\underline{\underline{{\pGro}}}}} -\providecommand{\PGro}{\ensuremath{\Gamma}} -\providecommand{\pGro}{\ensuremath{\gamma}} -\providecommand{\phiFunc}{\ensuremath{\digamma}} -\providecommand{\PIHMPC}{\ensuremath{\varkappa}} -\providecommand{\PInc}{\ensuremath{P}} -\providecommand{\PLabor}{\ensuremath{P}} % Permanent labor income in levels -\providecommand{\Plabor}{P} % Permanent labor income in levels -\providecommand{\PLevBF}{\ensuremath{\mathbf{P}}} -\providecommand{\pLevBF}{\ensuremath{\mathbf{p}}} -\providecommand{\PLev}{\ensuremath{P}} -\providecommand{\pLev}{\ensuremath{\pmb{p}}} -\providecommand{\PLev}{\ensuremath{P}} -\providecommand{\PLives}{\ensuremath{\cancel{\PDies}}} -\providecommand{\pLives}{\ensuremath{\cancel{\pDies}}} -\providecommand{\pNotZero}{\ensuremath{\cancel{\wp}}} -\providecommand{\PopE}{\mathcal{E}} -\providecommand{\popE}{e} -\providecommand{\PopGro}{\ensuremath{\Xi}} -\providecommand{\popGro}{\ensuremath{\xi}} -\providecommand{\PopLev}{\ensuremath{\pmb{N}}} -\providecommand{\PopU}{\mathcal{U}} -\providecommand{\Pop}{\ensuremath{L}} -\providecommand{\PostITC}{\ensuremath{\cancel{\zeta}}} -\providecommand{\power}{\ensuremath{\eta}} -\providecommand{\pPDVFunc}{\ensuremath{\mathbb{P}}} -\providecommand{\PPDV}{\ensuremath{\text{PDV($P$)}}} -\providecommand{\pRat}{\ensuremath{p}} -\providecommand{\Price}{\ensuremath{\mathsf{P}}} -\providecommand{\ProdFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\ProdFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\prodFunc}{\ensuremath{\mathrm{f}}} -\providecommand{\prudEx}{\ensuremath{\omega}} -\providecommand{\prud}{\ensuremath{\eta}} -\providecommand{\pSav}{\ensuremath{\phi}} -\providecommand{\pShkMin}{\underline{\psi}} % -\providecommand{\PShk}{\Psi} % -\providecommand{\PermShkAgg}{\Psi} % New -\providecommand{\PermShk}{\Psi} % New -\providecommand{\permShk}{\psi} % New -\providecommand{\pShk}{\psi} % -\providecommand{\permShkInd}{\psi} % New -\providecommand{\pshk}{\psi} % -\providecommand{\PtyGro}{\ensuremath{\Phi}} -\providecommand{\ptyGro}{\ensuremath{\phi}} -\providecommand{\PtyLab}{\ensuremath{\mathrm{Z}}} % Labor productivity -\providecommand{\ptyLab}{\ensuremath{z}} % usually, log of \PtyLab -\providecommand{\PtyLev}{\ensuremath{A}} % Multiplies overall production function -\providecommand{\ptyLev}{\ensuremath{a}} % Usually, log of \PtyLev -\providecommand{\pZero}{\ensuremath{\wp}} -\providecommand{\QLev}{\ensuremath{Q}} -\providecommand{\q}{\ensuremath{\koppa}} -\providecommand{\RCpnd}{\ensuremath{\mathbf{R}}} -\providecommand{\RevFunc}{\ensuremath{\pmb{\Pi}}} -\providecommand{\revFunc}{\ensuremath{\pmb{\pi}}} -\providecommand{\Rev}{\ensuremath{\Pi}} -\providecommand{\rev}{\ensuremath{\pi}} -\providecommand{\rfree}{\ensuremath{\mathsf{r}}} % The net return on the safe asset at an annual rate -\providecommand{\Rfree}{\ensuremath{\mathsf{R}}} % The return factor on the safe asset - unfortunately mathfrak fonts don't come through for tth -\providecommand{\RFunc}{\ensuremath{\mathrm{R}}} -\providecommand{\RGross}{\ensuremath{\breve{\mathsf{R}}}} -\providecommand{\rGross}{\ensuremath{\breve{\mathsf{r}}}} -%\providecommand{\RiskyAlt}{\ensuremath{\acute{\mathbf{R}}}} % The return on the risky asset -\providecommand{\RiskyAlt}{\ensuremath{\pmb{\mathfrak{R}}}} % The return on the risky asset -% \providecommand{\riskyAlt}{\ensuremath{\acute{\mathbf{r}}}} % The net return on the risky asset annual rate -\providecommand{\riskyAlt}{\ensuremath{\pmb{\mathfrak{r}}}} % The net return on the risky asset annual rate -\providecommand{\riskyshare}{\ensuremath{\varsigma}} -\providecommand{\Risky}{\ensuremath{\mathbf{R}}} % The return on the risky asset -\providecommand{\risky}{\ensuremath{\mathbf{r}}} % The net return on the risky asset annual rate -\providecommand{\RLev}{\ensuremath{R}} % Rate of return (but better to use \Rfree or \Risky or something else more specific -\providecommand{\RnormWGro}{\ensuremath{\mathcal{R}_{\WGro}}} % Normalized version of riskless return factor -\providecommand{\rnormwGro}{\ensuremath{\mathit{r}_{\wGro}}} % Normalized version of riskless rate of return -\providecommand{\Rnorm}{\ensuremath{\mathcal{R}}} % Normalized version of riskless return factor -\providecommand{\rnorm}{\ensuremath{\mathit{r}}} % Normalized version of riskless rate of return -\providecommand{\Rport}{\ensuremath{\mathbbmss{R}}} % Portfolio -weighted return -\providecommand{\rport}{\ensuremath{\mathbbmss{r}}} -\providecommand{\Rprod}{\ensuremath{\mathscr{R}}} -\providecommand{\rprod}{\ensuremath{\mathscr{r}}} -\providecommand{\rProd}{\ensuremath{\mathsf{r}}} -\providecommand{\RProd}{\ensuremath{\mathsf{R}}} -\providecommand{\RSave}{\ensuremath{\ushort{\Rfree}}} -\providecommand{\rsave}{\ensuremath{\ushort{\rfree}}} -\providecommand{\RBoro}{\ensuremath{\bar{\Rfree}}} -\providecommand{\rboro}{\ensuremath{\bar{\rfree}}} -%\providecommand{\R}{\Rfree} -\providecommand{\saveRate}{\grave{s}} % saving (income minus consumption) over income -\providecommand{\Save}{S} % Saving (income minus consumption) -\providecommand{\save}{s} % saving (income minus consumption) -\providecommand{\SDF}{\MLev} % Stochastic Discount Factor -\providecommand{\sdr}{\mRat} % Stochastic Discount rate -\providecommand{\Seniority}{\ensuremath{\mathsf{X}}} -\providecommand{\seniority}{\ensuremath{\mathsf{x}}} -\providecommand{\SeverancePayment}{\ensuremath{\mathcal{S}}} -\providecommand{\SeveranceRatio}{\ensuremath{\varsigma}} -%\providecommand{\Severance}{\ensuremath{\varsigma}} -\providecommand{\Severance}{\kappa} -\providecommand{\SE}{\SRat^{e}} -\providecommand{\sE}{\sRat^{e}} -\providecommand{\sFunc}{\ensuremath{\mathrm{s}}} -\providecommand{\shk}{\phi} -\providecommand{\Shk}{\Phi} -\providecommand{\ShkLogZeroLogStd}{\sigma_{\cancel{\ShkMeanOneLog}}} % Std of that shock -\providecommand{\ShkLogZeroLogVar}{\sigma_{\cancel{\ShkMeanOneLog}}^{2}} % Variance of that shock -\providecommand{\ShkLogZeroLog}{\cancel{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkLogZero}{\cancel{\ShkMeanOne}} % A shock whose expectation in logs is zero; cancellation of the nonzero mean for the mean one shock -\providecommand{\ShkMeanOneLogStd}{\sigma_{\ShkMeanOneLog}} % Std of that shock -\providecommand{\ShkMeanOneLogVar}{\sigma^{2}_{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkMeanOneLog}{\theta} % Log of that shock -\providecommand{\ShkMeanOne}{\Theta} % A shock whose expectation in levels is always equal to one regardless of variance -\providecommand{\SLevBF}{\mathbf{S}} -\providecommand{\sLevBF}{\mathbf{s}} -\providecommand{\SLevE}{\SLev^{e}} -\providecommand{\sLevE}{\sLev^{e}} -\providecommand{\SLevU}{\SLev^{u}} -\providecommand{\sLevU}{\sLev^{u}} -\providecommand{\SLev}{\ensuremath{S}} -\providecommand{\sLev}{\ensuremath{s}} -\providecommand{\srate}{\ensuremath{\varsigma}} -\providecommand{\SRatE}{\SRat^{e}} -\providecommand{\sRatE}{\sRat^{e}} -\providecommand{\SRatU}{\SRat^{u}} -\providecommand{\sRatU}{\sRat^{u}} -\providecommand{\SRat}{\ensuremath{S}} -\providecommand{\sRat}{\ensuremath{s}} -\providecommand{\STargE}{\Target{\SRat}^{\null}} -\providecommand{\sTargE}{\Target{\sRat}^{\null}} -\providecommand{\STargTarg}{\Target{\Target{\SRat}}} -\providecommand{\sTargTarg}{\Target{\Target{\sRat}}} -\providecommand{\STarg}{\Target{\SRat}} -\providecommand{\sTarg}{\Target{\sRat}} -\providecommand{\Steady}{\bar} -\providecommand{\Stocks}{{S}} -\providecommand{\stocks}{{s}} -\providecommand{\straight}{\Pi} -\providecommand{\Surplus}{\ensuremath{Z}} -\providecommand{\surplus}{\ensuremath{z}} -\providecommand{\SU}{\SRat^{u}} -\providecommand{\sU}{\sRat^{u}} -\providecommand{\Target}{\check} -\providecommand{\TaxCombInv}{\ensuremath{\mathcal{T}^{-1}}} -\providecommand{\TaxComb}{\ensuremath{\mathcal{T}}} -\providecommand{\TaxCorp}{\ensuremath{\tau}} -\providecommand{\taxDep}{\ensuremath{\partial}} -\providecommand{\TaxFree}{\ensuremath{\cancel{\Tax}}} -\providecommand{\TaxLev}{T} -\providecommand{\TaxNetTrans}{\ensuremath{Z}} -\providecommand{\taxNetTrans}{\ensuremath{z}} -\providecommand{\TaxPaid}{\ensuremath{T}} -\providecommand{\TaxRate}{\ensuremath{t}} -\providecommand{\TaxUI}{\ensuremath{\tau}} -\providecommand{\Tax}{\ensuremath{\tau}} -\providecommand{\tax}{\tau} -\providecommand{\tBak}{\ensuremath{\pmb{n}}} -\providecommand{\TEatBak}{\ensuremath{\mathtt{q}}} -\providecommand{\TEat}{\ensuremath{\TEnd}} -\providecommand{\TEndBak}{\ensuremath{\mathsf{p}}} -\providecommand{\TEnd}{\ensuremath{T}} -\providecommand{\TermTime}{\ensuremath{T}} -\providecommand{\tFwd}{\ensuremath{n}} -\providecommand{\tHorOfm}{\ensuremath{\pmb{n}}} -\providecommand{\tHor}{\ensuremath{\mathsf{n}}} -\providecommand{\timeRate}{\ensuremath{\vartheta}} -\providecommand{\tinyAmount}{\ensuremath{\epsilon}} -\providecommand{\TLev}{\ensuremath{T}} -\providecommand{\TMap}{\mathscr{T}} -\providecommand{\tNow}{\ensuremath{t}} -\providecommand{\tShkAll}{\xi} % -\providecommand{\tShkEmpMin}{\underline{\theta}} % -\providecommand{\TShkEmp}{\Theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tranShkInd}{\theta} % New -\providecommand{\TranShkAgg}{\Theta} % New -\providecommand{\TShk}{\Xi} % -\providecommand{\tShk}{\xi} % -\providecommand{\tshk}{\xi} % -\providecommand{\tSS}{\ensuremath{t}} -\providecommand{\tThen}{\ensuremath{\tau}} -\providecommand{\uFunc}{{\ensuremath{\mathrm{u}}}} -\providecommand{\uInvEpShkuInv}{\underline{\underline{\psi}}} -\providecommand{\ULev}{\ensuremath{U}} -\providecommand{\uLev}{\ensuremath{u}} -\providecommand{\unins}{\ensuremath{\zeta}} -\providecommand{\uPDVFunc}{\ensuremath{\mathbb{U}}} -\providecommand{\uPmt}{\ensuremath{\mu}} -\providecommand{\uPPP}{{\ensuremath{\mathrm{u}^{\prime\prime\prime}}}} -\providecommand{\uPP}{{\ensuremath{\mathrm{u}^{\prime\prime}}}} -\providecommand{\uP}{{\ensuremath{\mathrm{u}^{\prime}}}} -\providecommand{\urate}{\ensuremath{\mho}} -\providecommand{\utilFunc}{\ensuremath{\mathrm{u}}} -\providecommand{\util}{\ensuremath{u}} -\providecommand{\ValAlt}{\ensuremath{\mathcal{V}}} % middle-of-period Value function -\providecommand{\valfn}{\ensuremath{\mathrm{v}}} % middle-of-period value function -\providecommand{\Value}{\ensuremath{\mathrm{V}}} % middle-of-period Value function -\providecommand{\VEndFunc}{\ensuremath{\mathfrak{V}}} -\providecommand{\vEndFunc}{\ensuremath{\mathfrak{v}}} -\providecommand{\VEnd}{\ensuremath{\mathfrak{V}}} % end-of-period Value function -\providecommand{\vEnd}{\ensuremath{\mathfrak{v}}} % end-of-period value function -\providecommand{\vEss}{\check{v}^{e}} -\providecommand{\VE}{{V}^{e}} -\providecommand{\vE}{{v}^{e}} -\providecommand{\vFirm}{\ensuremath{\mathrm{e}}} -\providecommand{\VFunc}{\ensuremath{\mathrm{V}}} -\providecommand{\vFunc}{\ensuremath{\mathrm{v}}} -\providecommand{\VInv}{\ensuremath{\Lambda}} -\providecommand{\vInv}{\ensuremath{\scriptstyle \Lambda \displaystyle}} -\providecommand{\vk}{\ensuremath{\lambda}} -\providecommand{\vLevBF}{\ensuremath{\mathbf{v}}} -\providecommand{\VLevFunc}{\ensuremath{\pmb{\mathrm{V}}}} -\providecommand{\vLevFunc}{\ensuremath{\pmb{\mathrm{v}}}} -\providecommand{\VLev}{\ensuremath{V}} -\providecommand{\vLev}{\ensuremath{v}} -\providecommand{\vNorm}{\ensuremath{\mathrm{w}}} % end-of-period value function -\providecommand{\VNum}{\ensuremath{V}} -\providecommand{\vNum}{\ensuremath{v}} -\providecommand{\vOptAlt}{\ensuremath{\Alt{\tilde{\mathfrak{v}}}}} -\providecommand{\vOpt}{\ensuremath{\tilde{\mathfrak{v}}}} -\providecommand{\VRat}{\ensuremath{V}} -\providecommand{\vRat}{\ensuremath{v}} -\providecommand{\vTarg}{\Target{\vRat}} -\providecommand{\VU}{{V}^{u}} -\providecommand{\vU}{{v}^{u}} -\providecommand{\Wage}{\ensuremath{\mathsf{W}}} -\providecommand{\wage}{\ensuremath{\mathsf{w}}} -\providecommand{\WAllLev}{\ensuremath{\mathbf{O}}} -\providecommand{\wAllLev}{\ensuremath{\mathbf{o}}} -\providecommand{\WAllRat}{\ensuremath{O}} -\providecommand{\wAllRat}{\ensuremath{o}} -\providecommand{\WAll}{{O}} -\providecommand{\wAll}{{o}} -\providecommand{\WBeg}{\KLev} % Wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\wBeg}{\kLev} % wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\Wealth}{\ensuremath{O}} -\providecommand{\wealth}{\ensuremath{o}} -\providecommand{\WEndRat}{\ARat} % -\providecommand{\wEndRat}{\aRat} % -\providecommand{\WEnd}{\ALev} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wEnd}{\aLev} % wealth as of the end of the period (after C has been taken) -\providecommand{\Wend}{\ARat} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wend}{\aRat} % wealth as of the end of the period (after C has been taken) -\providecommand{\wFunc}{\mathrm{w}} -\providecommand{\WGroPF}{\ensuremath{\mathsf{G}}} -\providecommand{\WGro}{\ensuremath{\mathsf{G}}} -\providecommand{\wGro}{\ensuremath{\mathsf{g}}} -\providecommand{\whumMin}{\underline{\hRat}} % human wealth -- individual -\providecommand{\WHum}{\HLev} % Human wealth -- aggregate -\providecommand{\wHum}{\hLev} % human wealth -- individual -\providecommand{\Whum}{\HRat} % Human wealth -- aggregate -\providecommand{\whum}{\hRat} % human wealth -- individual -\providecommand{\WLev}{\ensuremath{W}} -\providecommand{\wLev}{\pmb{w}} -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wMid}{\bLev} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\Wmid}{\BRat} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wmid}{\bRat} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMkt}{\MLev} % Wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wMkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wmkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wNet}{\ensuremath{x}} % -\providecommand{\WNet}{\ensuremath{X}} % Total wealth -\providecommand{\WPre}{{K}} -\providecommand{\wPre}{{k}} -\providecommand{\wRat}{\ensuremath{o}} % -\providecommand{\WRat}{\ensuremath{O}} % Ratio to permanent income -\providecommand{\wTot}{\ensuremath{\mathbf{o}}} % -\providecommand{\WTot}{\ensuremath{\mathbf{O}}} % Total wealth -\providecommand{\wtot}{\ensuremath{o}} % -\providecommand{\Wtot}{\ensuremath{O}} % Total wealth -\providecommand{\xFer}{\chi} -\providecommand{\XFer}{X} -\providecommand{\xFunc}{\mathrm{x}} -\providecommand{\XLev}{\ensuremath{X}} -\providecommand{\xLev}{\ensuremath{x}} -\providecommand{\xpend}{\ensuremath{\xi}} -\providecommand{\XperGro}{\ensuremath{\mathsf{X}}} -\providecommand{\xperGro}{\ensuremath{\mathsf{x}}} -\providecommand{\XRat}{\ensuremath{X}} -\providecommand{\xRat}{\ensuremath{x}} -\providecommand{\yFunc}{\mathrm{y}} -\providecommand{\yLevBF}{\ensuremath{\mathbf{y}}} -\providecommand{\YLev}{\ensuremath{Y}} -\providecommand{\YLevBF}{\ensuremath{\mathbf{Y}}} -\providecommand{\yLev}{\ensuremath{y}} -\providecommand{\YRat}{\ensuremath{Y}} -\providecommand{\yRat}{\ensuremath{y}} -\providecommand{\yTargE}{\ensuremath{\check{y}^{e}}} -\providecommand{\yTarg}{\ensuremath{\check{y}}} -\providecommand{\zAgg}{\ensuremath{\pmb{Z}}} -\providecommand{\zFunc}{\mathrm{z}} -\providecommand{\ZLevBF}{\ensuremath{\mathbf{Z}}} -%\providecommand{\zLevBF}{\ensuremath{\mathbf{z}}} -\providecommand{\zLevBF}{\ensuremath{\pmb{z}}} -\providecommand{\ZLev}{\ensuremath{Z}} -\providecommand{\zLev}{\ensuremath{z}} -\providecommand{\ZRat}{\ensuremath{Z}} -\providecommand{\zRat}{\ensuremath{z}} - -\newcommand{\discRte}{\omega} -\newcommand{\DieFac}{\pDead} -\newcommand{\LivFac}{\Alive} -\newcommand{\PopFac}{\PopGro} -\newcommand{\popRte}{\popGro} - - -\providecommand{\NFALev}{\NLev} -\providecommand{\NFARat}{\NRat} -\providecommand{\NI}{\ensuremath{Z}} -\providecommand{\GDPLev}{\pmb{P}} -\providecommand{\GDPRat}{P} -\providecommand{\GDPGro}{\gimel} -\providecommand{\gdpLev}{\pmb{p}} -\providecommand{\gdpRat}{p} -\providecommand{\weight}{\omega} - - -\providecommand{\bi}{} -\renewcommand{\bi}{\begin{itemize}} -\providecommand{\ei}{} -\renewcommand{\ei}{\end{itemize}} -\providecommand{\reqd}{} -\renewcommand{\reqd}{\item[$^{*}$]} -\providecommand{\recm}{} -\renewcommand{\recm}{\item[\phantom{$^{*}$}]} - -\newcommand{\pd}[2]{\frac{\partial#1}{\partial#2}} diff --git a/docs/texmf-local/tex/latex/makePostHandoutsStart.tex b/docs/texmf-local/tex/latex/makePostHandoutsStart.tex deleted file mode 100644 index d3c19da71..000000000 --- a/docs/texmf-local/tex/latex/makePostHandoutsStart.tex +++ /dev/null @@ -1,6 +0,0 @@ - -% Begin creating shell to make and post set of notes - -\write18{touch makePostHandouts.sh ; rm makePostHandouts.sh} -\write18{cat /Volumes/Data/Courses/Choice/LectureNotes/makePost/shellStart.txt > makePostHandouts.sh} -\write18{chmod a+x makePostHandouts.sh} diff --git a/docs/texmf-local/tex/latex/printvrb.sty b/docs/texmf-local/tex/latex/printvrb.sty deleted file mode 100755 index b3a1d65d7..000000000 --- a/docs/texmf-local/tex/latex/printvrb.sty +++ /dev/null @@ -1,112 +0,0 @@ -%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% -%%% printvrb.sty %%%%%%%%%%%%%%%%%% -%%% Amy Hendrickson -%%% TeXnology Inc. -%%% http://www.texnology.com -%%% revised version, April 8, 2011 -%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% - -%%% Uses moreverb.sty, Rainer Schopf author, -%%% as method to send verbatim text to -%%% another file, - -%%% These commands allow user to type in text or math and -%%% have it print in more than one document, -%%% for example, print in an article and also in slides. - -%%% This is done by sending fragments to a jobname.vrb file. -%%% Each fragment will have a unique name given as an argument -%%% to writetofile. - -%%% -\usepackage{moreverb} - -\newwrite\verbatimout - -%% The fragments will be sent to a new file called -%% the same name as the file they are found in with a -%% .vrb filename ending. (ie., test.tex ==> test.vrb) -%% They will also print in the originating .tex file -%% when LaTeX is run on the file twice (like the \tableofcontents -%% and cross-references). - - -%%% \begin{writetofile}{name}{your text}\end{writetofile} -%%% Notice that there are curly brackets surrounding the -%%% text you enter. These are necessary. - -%%% (Name can include numbers or any symbols you want) - -%%% Used: -%%% \begin{writetofile}{name} -%%% {my text} -%%% \end{writetofile} - -\newcount\definitionnumber - -%%% \namesinmargin will make name of fragment appear in margin. -%%% If this command isn't there, there will be no names in the margin. - -\newif\ifnamesinmargin -\def\namesinmargin{\global\namesinmargintrue} - -\def\writetofile#1{% -\vskip1sp -\ifnum\definitionnumber=0 -\expandafter\openin1 \jobname.vrb -\ifeof1 -\else -\input \jobname.vrb -\fi%% to get the previous definitions -\immediate\openout\verbatimout=\jobname.vrb -\fi -%% -\global\advance\definitionnumber by 1 -\gdef\currname{#1}% -\ifnamesinmargin -\vskip1sp\noindent\llap{\vtop to 0pt{\hbox{\tt\csname currname\endcsname\hskip4pt==>\ }\vss}}% -\fi% -%% -\immediate\write\verbatimout{^^J^^J\string\expandafter\string\gdef\string\csname\space -\currname\string\endcsname} - \@bsphack - \let\do\@makeother\dospecials - \catcode`\^^M\active \catcode`\^^I=12 - \def\verbatim@processline{% - \immediate\write\verbatimout - {\the\verbatim@line}}% -\verbatim@start} - -\def\endwritetofile{% - \@esphack -\expandafter\ifx\csname \currname\endcsname\relax Please run LaTeX on -file one more time!\else -\ifnamesinmargin\vskip-\baselineskip\fi -\noindent\expandafter\csname \currname\endcsname\relax\fi -} - -\makeatother - -%%%%%%%%%%%%%%%%%%%%% -%%% Using fragments in new file: - -%%% \input jobname.vrb will bring in the definitions -%%% for the fragments. -%%% (jobname is the same as the filename of the source document) - -%%% \namesinmargin will make names print as well as as printing -%%% the fragment. - -%%% \printfrag{name} will bring in fragment defined in source file, -%%% and sent to jobname.vrb. - -%%% \printfrag will save the problem of remembering to use -%%% \csname ...\endcsname, and will check to see if fragment is defined - -\def\printfrag#1{\expandafter\ifx\csname #1\endcsname\relax\vskip12pt -\noindent(!! There is -no fragment {\tt ==> #1 <==} maybe run LaTeX on source file again?)\vskip12pt\else -\ifnamesinmargin -\vskip1sp\noindent\llap{\vtop to 0pt{\hbox{\tt #1\hskip4pt==>\ }\vss}}\fi% -\csname #1\endcsname\fi -} diff --git a/docs/texmf-local/tex/latex/snapshot.sty b/docs/texmf-local/tex/latex/snapshot.sty deleted file mode 100644 index 311018ebe..000000000 --- a/docs/texmf-local/tex/latex/snapshot.sty +++ /dev/null @@ -1,341 +0,0 @@ -%% -%% This is file `snapshot.sty', -%% generated with the docstrip utility. -%% -%% The original source files were: -%% -%% snapshot.dtx -%% -%%% ==================================================================== -%%% @LaTeX-doc-source-file{ -%%% filename = "snapshot.dtx", -%%% version = "1.14", -%%% date = "2002/03/05", -%%% time = "15:29:00 EST", -%%% checksum = "39090 807 3449 29761", -%%% author = "American Mathematical Society", -%%% copyright = "Copyright 2001 American Mathematical Society, -%%% all rights reserved. Copying of this file is -%%% authorized only if either: -%%% (1) you make absolutely no changes to your copy, -%%% including name; OR -%%% (2) if you do make changes, you first rename it -%%% to some other name.", -%%% address = "American Mathematical Society, -%%% Electronic Products and Services, -%%% PO Box 6248, -%%% Providence, RI 02940, -%%% USA", -%%% email = "tech-support@ams.org", -%%% URL = "http://www.ams.org/", -%%% supported = "yes", -%%% keywords = "version, compatibility, dependencies, LaTeX", -%%% abstract = "This package provides a way for a LaTeX -%%% document to specify, for each external file -%%% on which the document depends, which version -%%% is required to guarantee output fidelity.", -%%% docstring = "The checksum field above contains a CRC-16 -%%% checksum as the first value, followed by the -%%% equivalent of the standard UNIX wc (word -%%% count) utility output of lines, words, and -%%% characters. This is produced by Robert -%%% Solovay's checksum utility.", -%%% } -%%% ==================================================================== -\NeedsTeXFormat{LaTeX2e}[1994/12/01] -\ProvidesPackage{snapshot}[2002/03/05 v1.14] -\let\@xp\expandafter \let\@nx\noexpand -\newcommand{\RequireVersions}[2][]{% - \let\snap@check\snap@compare@versions - \let\snap@selfcheck\snap@selfcheck@a - \@ifnextchar *\snap@store@version\snap@store@error#2*{end}{}{}% -} -\@onlypreamble\RequireVersions -\def\snap@store@error#1{% - \PackageError{snapshot}{Expected '*' here, not '#1'}\@ehc -} -\@onlypreamble\snap@store@error -\def\snap@store@version #1#2#3#4{% - \@xp\snap@store@b\csname snapx@#2\endcsname{#2}{#3}{#4}% -} -\@onlypreamble\snap@store@version -\def\@fmtextension{fmt} -\def\@tfmextension{tfm} -\edef\snapx@package{.\@pkgextension} -\edef\snapx@class{.\@clsextension} -\edef\snapx@format{.\@fmtextension} -\edef\snapx@tfm{.\@tfmextension} -\long\def\snapx@application{} -\let\snap@file=\@empty -\let\snapx@end\@@end -\def\snap@store@b#1#2#3#4{% - \ifx#1\snapx@end - \@xp\@gobblefour - \else - \ifx#1\relax \let#1\@empty\fi - \def\@tempa##1 ##2 ##3\@nil{##1 ##2}% - \ifx#1\snapx@application - \else - \xdef\rqv@list{\rqv@list - \ifx\@empty\rqv@list\else,\fi - #3#1% - }% - \fi - \@xp\xdef\csname rqv@#3#1\endcsname{\@tempa#4 v?.? ? \relax\@nil}% - \ifx#1\snapx@format \snap@check{#3.fmt}% - \else \snap@selfcheck{#3.sty}% - \fi - \fi - \@ifnextchar *\snap@store@version\snap@store@error -} -\@onlypreamble\snap@store@b -\def\snap@write{\immediate\write\snap@out} -\let\snap@out\sixt@@n % fallback, probably never used -\DeclareOption{dep}{% - \def\snap@write{\immediate\write\snap@out}% -} -\DeclareOption{log}{% - \let\snap@write\typeout -} -\let\snap@fake@b\relax -\DeclareOption{test}{% - \def\snap@fake@b{\endinput \futurelet\@let@token\snap@ignoline}% -} -\DeclareOption{tfm}{% - \typeout{Option 'tfm' not implemented yet [1999/09/23]}% -} -\def\snap@mismatch@warning#1#2#3{\PackageWarningNoLine{#1}{#2}} -\def\snap@mismatch{\snap@mismatch@warning} -\DeclareOption{error}{% - \def\snap@mismatch{\PackageError}% - \ifx\snap@select\@empty \let\snap@select\snap@select@all \fi -} -\DeclareOption{warning}{% - \def\snap@mismatch{\snap@mismatch@warning}% - \ifx\snap@select\@empty \let\snap@select\snap@select@all \fi -} -\def\snap@select@all#1#2 #3#4 #5\@nil{#1#2 #3#4} -\let\snap@select\@empty -\DeclareOption{date}{% - \def\snap@select#1#2 #3\@nil{#1#2}% -} -\def\snap@select@version#1{% - \ifodd 0#11 \@xp\snap@sva\@xp#1\else\@xp\snap@select@version\fi -} -\def\snap@sva#1.#2 #3\@nil{#1.#2} -\def\snap@select@major#1{% - \ifodd 0#11 \@xp\snap@svm\@xp#1\else\@xp\snap@select@major\fi -} -\def\snap@svm#1.#2\@nil{#1} -\DeclareOption{version}{% - \def\snap@select#1#2 #3{\snap@select@version #3}% -} -\DeclareOption{major-version}{% - \def\snap@select#1#2 #3{\snap@select@major #3}% -} -\ProcessOptions\par -\edef\snap@restore@extensions{% - \def\@nx\@pkgextension{\@pkgextension}% - \def\@nx\@clsextension{\@clsextension}% -} -\def\snap@pad#1#2#3#4#5#6#7#8#9{\snap@pad@a{#1#2#3#4#5#6#7#8#9}} -\def\snap@pad@a#1#2#3#4#5\@nil{\snap@pad@b#1#2#3#4\space\@nil} -\def\snap@pad@b#1\space#2\@nil#3{\def#3{#2}} -\def\snap@trim@version#1#2 #3{#1#2 \snap@trim@b #3} -\def\snap@trim@b#1{\ifodd 0#11 v#1\@xp\snap@trim@c\fi \snap@trim@b} -\def\snap@trim@c#1#2 #3\@nil{#2} -\let\rqv@list=\@empty -\edef\@tempc#1\fmtname{#1\fmtname}\@tempc -\def\@tempa#1,\fmtname.fmt,#2#3\@nil{#2} -\edef\@tempb{\@nx\@tempa,\@filelist,\fmtname.fmt,} -\if ?\@tempb?\@nil - \edef\@filelist{\fmtname.fmt,\@filelist}% - \def\@tempc{LaTeX2e}% - \@xp\edef\csname ver@\fmtname.fmt\endcsname{% - \fmtversion\space - v\ifx\@tempc\fmtname 2.e\else ?.?\fi - }% -\fi -\listfiles -\def\@dofilelist{% - \snap@restore@extensions - \ifx\rqv@list\@empty - \else \rqv@compare@lists - \fi - \ifx\snap@write\typeout - \else - \newwrite\snap@out - \immediate\openout\snap@out=\jobname.dep \relax - \fi - \snap@write{\string\RequireVersions\@charlb}% - \snap@write{\space\space *{application}{TeX}% - \space\space\space\space\space{1990/03/25 v3.x}}% - \@for\@currname:=\@filelist\do{% - \filename@parse\@currname - \ifx\filename@ext\relax - \def\@tempa{file}\def\@tempd{.tex}\def\filename@ext{tex}% - \def\@tempb{~~~}% - \else\ifx\filename@ext\@pkgextension - \def\@tempa{package}\let\@tempd\@empty - \def\@tempb{}% - \else\ifx\filename@ext\@clsextension - \def\@tempa{class}\let\@tempd\@empty - \def\@tempb{~~}% - \else\ifx\filename@ext\@fmtextension - \def\@tempa{format}\let\@tempd\@empty - \def\@tempb{~}% - \else\ifx\filename@ext\@tfmextension - \def\@tempa{tfm}\let\@tempd\@empty - \def\@tempb{~~~~}% - \else - \def\@tempa{file}\edef\@tempd{.\filename@ext}% - \def\@tempb{~~~}% - \fi\fi\fi\fi\fi - \@xp\let\@xp\@tempe - \csname ver@\filename@base.\filename@ext\endcsname - \ifx\@tempe\@empty \let\@tempe\relax \fi - \edef\@tempe{% - \ifx\@tempe\relax 0000/00/00 v0.0% - \else - \@xp\@xp\@xp\snap@trim@version\@xp\@tempe\space v0.0 v0.0 \@nil - \fi - }% - \edef\@tempc{\filename@area\filename@base\@tempd}% full file name - \@xp\snap@pad\@tempc\space~~~~~~~~~~~~~~~~\@nil\@tempd - \begingroup \let~\space - \snap@write{\space\space *{\@tempa}\@tempb{\@tempc}\@tempd{\@tempe}}% - \endgroup - }% - \snap@write{\@charrb}% - \ifx\snap@write\typeout - \else \immediate\closeout\snap@out - \typeout{Dependency list written on \jobname.dep.}% - \fi -}% -\def\rqv@condense#1,{% - \if ,#1,% - \else - \@xp\ifx\csname ver@#1\endcsname\N - \else - \edef\L{\L,#1}% - \@xp\let\csname ver@#1\endcsname=\N - \fi - \fi - \rqv@condense -} -\def\rqv@compare@lists{% - \begingroup - \def\N{1}\let\L=\@gobble - \@xp\rqv@condense \rqv@list,TeX,{,\relax\@xp\@gobbletwo\@xp},% - \ifx\L\@gobble\let\L\@empty\fi - \let\rqv@list=\L - \let\L=\@gobble - \@xp\rqv@condense \@filelist,{,\relax\@xp\@gobbletwo\@xp},% - \ifx\L\@gobble\let\L\@empty\fi - \@for\@currname:=\L\do{% - \snap@mismatch{snapshot}{^^J% - File \@currname\space loaded though not in - \noexpand\RequireVersions list% - }\@ehc - }% - \def\N{2}\let\L=\@gobble - \@xp\rqv@condense\@filelist,TeX,{,\relax\@xp\@gobbletwo\@xp},% - \let\L=\@gobble - \@xp\rqv@condense\rqv@list,{,\relax\@xp\@gobbletwo\@xp},% - \ifx\L\@gobble\let\L\@empty\fi - \@for\@currname:=\L\do{% - \snap@mismatch{snapshot}{^^J% - File \@currname\space [\csname rqv@\@currname\endcsname] - required but not loaded% - }\@ehc - }% - \endgroup -} -\begingroup \catcode\endlinechar=12\relax % -\long\gdef\snap@ignoline#1 -{}\endgroup % -\def\snap@fake@input#1#2#3#4{% - \ifx#1\snapx@end - \aftergroup\@@end \@xp\@gobblefour - \else - \ifx#1\snapx@format - \else - \message{^^J}% - \@xp\snap@fake@b\@@input #3#1\relax - \fi - \fi - \@ifnextchar *\snap@store@version\snap@store@error -} -\newcommand{\rqvTest}[2][]{% - \begingroup \catcode\endlinechar=12 - \catcode`\%=12 \catcode`\{=12 \catcode`\}=12\relax - \let\snapx@application=\snapx@format \let\snapx@tfm=\snap@format - \@ifnextchar *\snap@store@version\snap@store@error#2*{end}{}{}% - \endgroup -} -\@ifundefined{snap@fake@b}{}{% - \let\snap@store@b\snap@fake@input - \let\RequireVersions\rqvTest -} -\AtBeginDocument{% - \@ifundefined{ver@amsgen}{}{% - \@xp\let\csname ver@amsgen.sty\@xp\endcsname - \csname ver@amsgen\endcsname - }% -} -\let\snap@compare@versions\@gobble \let\snap@check\@gobble -\let\snap@selfcheck\@gobble \let\snap@selfcheck@a\@gobble -\ifx\snap@select\@empty \endinput \fi -\begingroup \catcode`\.=11\relax -\gdef\snap@selfcheck@b#1\rqv@snapshot.sty#2#3\@nil{T#2} -\gdef\snap@selfcheck@a#1{% - \if\@xp\snap@selfcheck@b\csname rqv@#1\endcsname T% - \rqv@snapshot.sty F\@nil - \snap@check{#1}% - \fi -} -\endgroup -\def\@nofmt#1.fmt.#2 {#1 } -\def\snap@mismatch@a#1#2#3{% - \snap@mismatch{snapshot}{^^J% - \space\space Required version #2 of \@nofmt#1.fmt. and^^J% - \space\space provided version #3 do not match% - }\@ehc -} -\def\snap@compare@versions#1{% - \begingroup - \@ifundefined{rqv@#1}{}{% - \edef\0{\csname rqv@#1\endcsname}% - \edef\1{\csname ver@#1\endcsname}% - \edef\1{\@xp\snap@trim@version\1 v0.0 v0.0 \@nil}% - \edef\@tempa{\@xp\snap@select\0 v0.0 v0.0 \@nil}% - \edef\@tempb{\@xp\snap@select\1 v0.0 v0.0 \@nil}% - \ifx\@tempa\@tempb - \else - \edef\@tempd{\@nx\snap@mismatch@a{#1}{\@tempa}{\@tempb}}% - \@xp\@tempd - \fi - }% - \endgroup -} -\def\ProvidesFile#1{% - \def\snap@checker{\snap@check{#1}}% - \begingroup - \aftergroup\snap@checker - \catcode`\ 10\catcode\endlinechar 10 % - \@makeother\/% - \@makeother\&% - \@ifnextchar[{\@providesfile{#1}}{\@providesfile{#1}[]}% -} -\def\@pr@videpackage[#1]{% - \expandafter\xdef\csname ver@\@currname.\@currext\endcsname{#1}% - \ifx\@currext\@clsextension - \typeout{Document Class: \@gtempa\space#1}% - \else - \wlog{Package: \@gtempa\space#1}% - \fi - \snap@check{\@currname.\@currext}% -} -\endinput -%% -%% End of file `snapshot.sty'. diff --git a/docs/texmf-local/tex/latex/tex4ht/pictureenv.4ht b/docs/texmf-local/tex/latex/tex4ht/pictureenv.4ht deleted file mode 100644 index b51123edc..000000000 --- a/docs/texmf-local/tex/latex/tex4ht/pictureenv.4ht +++ /dev/null @@ -1,3 +0,0 @@ -% pictureenv.4ht from https://tex.stackexchange.com/questions/448300/tex4ht-conflict-with-math-in-table-vs-outside-table-when-using-svg - -\ConfigureEnv{pictureenv}{\Picture*{}}{\EndPicture}{}{} diff --git a/docs/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg b/docs/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg deleted file mode 100644 index 327ef3631..000000000 --- a/docs/texmf-local/tex/latex/tex4ht/svg-math-and-subfigures.cfg +++ /dev/null @@ -1,68 +0,0 @@ -\Preamble{charset="utf-8",p-width,pic-align,pic-tabular} -\DeclareGraphicsExtensions{.png,.jpg,.svg} -\Configure{Picture}{.svg} - -\Configure{VERSION}{} - -\DeclareGraphicsRule{.png}{bmp}{.xbb}{} - -\ConfigureEnv{figure} - {\ifvmode\IgnorePar\fi\EndP\HCode{

    }% - \bgroup \Configure{float}{\ShowPar}{}{}% - } - {\egroup - \ifvmode\IgnorePar\fi\EndP\HCode{
    }\ShowPar -\par} -{}{} - -\Css{div.caption {text-align:left;font-size:83\%;text-indent:0em; margin-left:2em; margin-right:2em; }} -\Css{div.caption span.id{font-variant: small-caps; white-space: nowrap; }} -\Css{.figure div.caption{text-align: center;}} -\Css{div.figure{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;}} -\Css{div.float{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;}} -\Css{.table div.caption{text-align: center;}} -\Css{div.table{text-align:center;clear:both;overflow:auto;width:100\%;margin-bottom:1em;}} - -\ConfigureEnv{subfigure} - {\ifvmode\IgnorePar\fi\EndP\HCode{
    } - } - {\ifvmode\IgnorePar\fi\EndP\HCode{
    }}{}{} - % \Css{.subfigure{display: inline-block;}} would make the figures float next to each other -\Css{.subfigure img{display:block; margin-left:auto; margin-right:auto}} % Should, but does not seem to, center captions - -% This is for figures, which should be png format -\Configure{graphics*} - {png} - {%the special command below so it will copy the png over - \special{t4ht+@File: \csname Gin@base\endcsname.png} - \Picture[pict]{\csname Gin@base\endcsname .png - \space width="\expandafter\the\csname Gin@req@width\endcsname" -}% -}% - -\Configure{Picture}{.svg} - -\makeatletter -\newcommand\emwidth{10} -\newcommand\CalcRem[1]{\strip@pt\dimexpr(#1)/\emwidth} - -\Configure{graphics*} - {svg} - {\Picture[pict]{\csname Gin@base\endcsname.svg - \space style="width:\CalcRem{\Gin@req@width}em;" - }% - \special{t4ht+@File: \csname Gin@base\endcsname.svg} - } - -\makeatother - -%add any custom \Css or HTML commands here as needed. - -%These to tell tex4ht to make inline math images also -\begin{document} - -\Configure{$}{\PicMath}{\EndPicMath}{} -\Configure{PicMath}{}{}{}{class="math";align="absmiddle"} - - -\EndPreamble diff --git a/docs/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 b/docs/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 deleted file mode 100644 index 795fa2e6c..000000000 --- a/docs/texmf-local/tex/latex/tex4ht/svg-set-size-to-1p0.mk4 +++ /dev/null @@ -1,2 +0,0 @@ -Make:image("svg$", -"dvisvgm -n -p ${page} --exact -c 1.0,1.0 -s ${source} > ${output}") diff --git a/docs/texmf-local/tex/latex/tex4htMakeCFG.sh b/docs/texmf-local/tex/latex/tex4htMakeCFG.sh deleted file mode 100755 index 26e46cbad..000000000 --- a/docs/texmf-local/tex/latex/tex4htMakeCFG.sh +++ /dev/null @@ -1,16 +0,0 @@ -#!/bin/sh - -if [ $# -eq 0 ] -then - echo "usage: ${0##*/} " - exit 1 -fi - -handoutName=$1 - -# cd "$(dirname "$0")" # http://stackoverflow.com/questions/3349105/how-to-set-current - -echo cp `kpsewhich svg-math-and-subfigures.cfg` $handoutName.cfg -echo cp `kpsewhich svg-set-size-to-1p0.mk4` $handoutName.mk4 -cp `kpsewhich svg-math-and-subfigures.cfg` $handoutName.cfg -cp `kpsewhich svg-set-size-to-1p0.mk4` $handoutName.mk4 diff --git a/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtex.cls b/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtex.cls deleted file mode 100644 index e3b35b317..000000000 --- a/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtex.cls +++ /dev/null @@ -1,398 +0,0 @@ -%%% LaTeX class for economics -%%% -%%% author: Christopher Carroll -%%% license: LaTeX Project Public License -%%% -%%% Modified from style itaxpf by Arne Henningsen -%%% version: 1.0 (09 July 2007) -%%% license: LaTeX Project Public License -%%% -%%% Further information is available at -%%% http://www.uni-kiel.de/agrarpol/ahenningsen/latex-bibtex.html -%%% -%%% This document class is based on the "scrartcl" class -%%% from the KOMA script bundle. For documentation, Google KOMA-Script Documentation -%%% -%%% The corresponding BibTeX style file "econtex.bst" should be used -%%% for the bibliography: \bibliographystyle{econtex} -%%% -%%% In addition to the options for scrartcl, this package includes an additional option -%%% titlepage = include a title page (with command "\maketitle", or "\maketitleWithForcedDate{}") -%%% -%%% If an abstract is defined by \begin{abstract}\end{abstract} before \maketitle is invoked, -%%% it will appear on the title page -%%% -%%% If the titlepage option is invoked: -%%% \keywords can be used to show keywords below the abstract -%%% \jelclass can be used to show JEL classifications below the abstract -%%% \thanks{text of the thank-you footnote} produces a footnote at the bottom of the page containing the text - -\ProvidesClass{econtex}[2017/08/01 LaTeX class for economics papers, handouts, and exam questions written by Christopher Carroll] -\NeedsTeXFormat{LaTeX2e} -% \RequirePackage{rotating} -\RequirePackage{snapshot} % Creates list of external files used by a LaTeX document -\RequirePackage{ifthen} -\RequirePackage{chngpage} - -% If unspecified whether pdf output (instead of dvi) is being used, determine that it SHOULD be -\newif\ifdvi\dvitrue -\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} - -% permit double spacing -\RequirePackage{setspace} -%\doublespacing - -% option to include a title page -\newcounter{IncludeTitlePage} -\setcounter{IncludeTitlePage}{0} -\DeclareOption{titlepage}{\setcounter{IncludeTitlePage}{1}} - -% pass any options on to the scrartcl class and load this class with some options -\DeclareOption*{\PassOptionsToClass{\CurrentOption}{scrartcl}} -\ProcessOptions\relax -\LoadClass[fontsize=12pt,english,numbers=noenddot,captions=tableheading,captions=nooneline]{scrartcl} -% pointlessnumbers = do not add final dot after ordinary section numbers -% tablecaptionabove = use \captionabove for captions above rather than below tables -% noonelinecaption = do not treat one-line captions differently - -% use new TeX encoding scheme (T1), which contains accented (European) letters, -% to make European hyphenations work -\RequirePackage[T1]{fontenc} - -% use babel package and set language to english -\RequirePackage[english]{babel} - -% spacing around formulas -\AtBeginDocument{ -\setlength{\abovedisplayshortskip}{6pt} -\setlength{\belowdisplayshortskip}{6pt} -\setlength{\abovedisplayskip}{6pt} -\setlength{\belowdisplayskip}{6pt} -\allowdisplaybreaks % Permits LaTeX to break long formulas across pages (?) -} - -%% Added the above info to the definition of normalsize -\def\normalsize{\@setfontsize \normalsize \@xiipt {14.5} -\abovedisplayskip 6\p@ \@plus 3\p@ \@minus 3\p@ -\belowdisplayskip \abovedisplayskip -\abovedisplayshortskip 6pt \belowdisplayshortskip 6pt -\let \@listi \@listI} -\normalsize - -% Don't indent the second and later lines of footnotes -\deffootnote[1em]{0.0em}{1em}{\textsuperscript{\thefootnotemark}} - -% spacing around captions and floats -\setlength{\abovecaptionskip}{6pt} -\setlength{\belowcaptionskip}{3pt} -\setlength{\floatsep}{0pt} -\setlength{\textfloatsep}{20pt} -\setlength{\intextsep}{15pt} - -\RequirePackage{calc} - -\newenvironment{Description} -{\begin{list}{}{\let\makelabel\Descriptionlabel - \setlength\labelwidth{75pt} - \setlength\labelsep{0pt} - \setlength\leftmargin{75pt} - \setlength\itemindent{0pt} -}} -{\end{list}} -\newcommand*\Descriptionlabel[1]{\textbf{#1}\hfil} - -\RequirePackage{cancel,verbatim, -amsmath,amssymb,amsfonts,amsthm -,threeparttable,dcolumn,multicol,multirow,booktabs % table environment extensions -,latexsym -,afterpage -,endnotes -,moreverb -,hhline % Allow double hlines -,tipa % Define more characters, in particular the \textthorn character -,color -} - -% \RequirePackage{econtex} % Removed 20170801 because won't work when invoked from nonroot paths -% Contents of the file are pasted in below - -%---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -%---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -%To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -%To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -%To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -%To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -%-------------------------------------------------------- - - -\RequirePackage[mathscr]{eucal} -\RequirePackage[normalem]{ulem} -\providecommand\bmmax{0} % Prevent boldmath package from using up too much memory -\RequirePackage{bm} % Allow bold math -\RequirePackage{bbm} % Blackbord math - -% font for URLs -\RequirePackage{url} -\def\UrlFont{\ttfamily} - -\usepackage[econtex]{optional} % Enable the control of compilation using options passed on startup -\opt{EndFloats}{\RequirePackage[noheads,nolists,tablesfirst,nomarkers]{endfloat}} - -% page format, margins if PrintGeom option is invoked -\opt{PrintGeom}{ -\RequirePackage{geometry} -\geometry{letterpaper, tmargin=1.4in, bmargin=1.4in, lmargin=1.25in, - rmargin=1.25in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\opt{JournalFormatting}{ % BEJM requires 1.5 inch margins -\RequirePackage{geometry} -\geometry{letterpaper, tmargin=1.5in, bmargin=1.5in, lmargin=1.5in, - rmargin=1.5in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\providecommand{\textSizeDefault}{\normalsize} -\opt{bigWide}{\renewcommand{\textSizeDefault}{\large}} - -\providecommand{\abstractSizeDefault}{\small} -\opt{bigWide}{\renewcommand{\abstractSizeDefault}{\normalsize}} - -%% formatting section headers -\setkomafont{section}{\normalfont \Large \bfseries} -\setkomafont{subsection}{\normalfont \large} -\setkomafont{subsubsection}{\normalfont \itshape} - -% citations and bibliography -\RequirePackage[authoryear]{natbib} -\AtBeginDocument{\renewcommand{\refname}{\clearpage References} -\renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} % Restore footnote defn after titlepage redefines it -\ifdvi - \renewcommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht (which compiles using dvi) -\fi -} - -% captions of figures and tables -\setcapwidth[c]{\textwidth} -% \setcapindent*{0pt} -\setkomafont{captionlabel}{\centering \bfseries} -\setkomafont{caption}{\centering} -\renewcommand{\captionformat}{~ } - -\newcommand{\forcedate}[1]{\newcommand{\@forcedate}{#1}} - -% titlepage with title, author(s), and date - -\renewcommand{\maketitle}{ -\ifthenelse{ \isundefined\@forcedate }{ - \ClassWarningNoLine{econtex}{{\protect\forcedate} is undefined in the .tex file; please define it and rerun}}{} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize \@date \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -\newcommand{\maketitleWithForcedDate}[1]{ -\ClassWarningNoLine{econtex}{\protect\maketitleWithForcedDate{} is deprecated. To set a date different from the current one, just use the \protect\date{(string desired to signify paper date)}} - - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize #1 \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -% abstract, keywords, JEL classification -\newcommand{\keywords}[1]{\newcommand{\@keywords}{#1}} -\newcommand{\jelclass}[1]{\newcommand{\@jelclass}{#1}} -\newcommand{\aspublished}[1]{\newcommand{\@aspublished}{#1}} - -\renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{4mm} - \abstractSizeDefault - \noindent \textbf{Abstract}\\ - \indent -}{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{0mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{econtex}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - -\begin{quote} -\begin{Description} -\item[\textbf{Keywords~}] \@keywords -\ifthenelse{ \isundefined\@jelclass }{ -\ClassWarningNoLine{econtex}{No JEL classification specified. - Please use the command \protect\jelclass} -}{ -\item[\textbf{JEL codes~}] \@jelclass -} - -\end{Description} -\ifthenelse{ \isundefined\@aspublished }{ -}{ -{ - -\vspace{0.1in}\@aspublished} -}\end{quote} -} - -\setcounter{footnote}{0}% - -\medskip - -% avoid clubs and widows -\clubpenalty=1000 % penalty for breaking a page with only one sentence; set to 10000 to prohibit -\widowpenalty=10000 -% \displaywidowpenalty=10000 - -\hbadness 3000 % LaTeX default is 1000, which is too finicky - set to 10000 to get rid of complaints - -% increase stretchability of the spaces (avoid overfull hboxes) -\setlength{\emergencystretch}{3em} - - -\pagestyle{plain} -\thispagestyle{empty} - -\newcommand{\titlepagefinish}{\newpage -\renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} -} - - -\RequirePackage[multiple]{footmisc} -\RequirePackage{manyfoot} -\RequirePackage{perpage} \DefineFNsymbols{blank}[text]{{} {} {} {} {}} \setfnsymbol{blank} \DeclareNewFootnote{B}[fnsymbol] \MakePerPage{footnoteB} \renewcommand{\thanks}{\footnoteB} \newcommand{\thanksFooter}{\footnoteB} - -% 20170126: perpage package conflicts with something else so is removed in econtexMake.sh - -\hfuzz2pt % Don't bother to report over-full boxes if over-edge is < 2pt - -%%%%%%%%%% Added by Amy Hendrickson, TeXnology Inc. -%% Amy change, Feb 28, 2011 ==>> - -%%% Generalization of the author and authorinfo commands, based on -%%% the original code. - -%% Sample use: -%% \author{Christopher D. Carroll\authNum \\ -%% \and -%% Jiri Slacalek\authNum \\ -%% \and -%% Martin Sommer\authNum \\ -%% \and -%% Another Name\authNum -%% \and -%% Still Another Name\authNum -%% } - -\newcounter{authornum} % Use either \num or (preferred) \authNum to denote authors -\def\num{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} -\def\authNum{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} - -%% \begin{authorsinfo}...\end{authorsinfo} - -%% Now used: -%% \begin{authorsinfo} -%% \name{First author: info} -%% \\ -%% \name{Second author: info} -%% \\ -%% \name{Third author: info} -%% (and so on for as many authors -%% as you have) -%% \end{authorsinfo} -%% (note: the \\ doesn't do anything, but makes it easier to -%% see the separate author names.) - -\newcounter{bottomauthor} -\def\authorsinfo{\global\c@bottomauthor=0\setbox0=\vbox\bgroup\footnotesize -\let\\ \relax -} - -\def\endauthorsinfo{\egroup -\footnoteB{\unvbox0} -} - -\def\name#1{\global\advance\c@bottomauthor by 1\textsuperscript{\tiny \the\c@bottomauthor}{#1}{~~~~}} - -\makeatletter -\DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} -\DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} -\DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} -\DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} -\DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} -\DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} -\DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} -\makeatother diff --git a/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtex.sty b/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtex.sty deleted file mode 100644 index 1147b1e85..000000000 --- a/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtex.sty +++ /dev/null @@ -1,30 +0,0 @@ -%---------------Custom Definitions-------------- - -\def\liminf{\mathop{\rm lim\, inf}\limits} -\DeclareMathOperator{\Ex}{\mathbb{E}} % Expectations operator -\def\var{\operatorname{var}} % variance -\def\cov{\operatorname{cov}} % covariance -\def\std{\operatorname{std}} % standard deviation -\def\argmax{\operatornamewithlimits{arg\,max}} % argmax - -%---------------Custom Modifications---------------------- - -% \htline defines a thick horizontal line in table -\def\htline{\noalign{\hrule height 2\arrayrulewidth}} - -% \hdline defines a dotted horizontal line in table -\def\hdline{\noalign{.\dotfill{}.}} - -%To keep footnotes on a single page except in extreme cases -\interfootnotelinepenalty=5000 %from 0 to 10000 - -%To prevent hyphenation -\hyphenpenalty=5000 %from 0 to 10000, default is 200 - -%To prevent breaking math formula -\relpenalty=4000 %from 0 to 10000, default is 500 - -%To prevent breaking math formula after binary operator -\binoppenalty=10000 %from 0 to 10000, default is 700 - -%-------------------------------------------------------- diff --git a/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtexBibMake.tex b/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtexBibMake.tex deleted file mode 100644 index f7684326d..000000000 --- a/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtexBibMake.tex +++ /dev/null @@ -1,7 +0,0 @@ - -%\write18{if [ `kpsewhich economics.bib` != '' ]; then touch economics.bib ; fi} # This should be done only for final versions AFTER bibexport has occurred and \jobname.bib is populated -\write18{if [ ! -f \jobname.bib ]; then touch \jobname.bib ; fi} -\write18{if [ ! -f \jobname-Add.bib ]; then touch \jobname-Add.bib ; fi} - - -\bibliography{economics,\jobname,\jobname-Add} diff --git a/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtexSetup.sty b/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtexSetup.sty deleted file mode 100644 index d704d47a2..000000000 --- a/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtexSetup.sty +++ /dev/null @@ -1,231 +0,0 @@ -\RequirePackage{wasysym -,psibycus % Greek language package, including koppa -,ushort -%,lscape % Pages in landscape mode go inside \begin{landscape}\end{landscape} % CONFLICTS WITH EPSTOPDF -} - -\newenvironment{CDCPrivate} % Environment for extra material not wanted in the public document -{\marginpar{\tiny beginCDC}}{\marginpar{\tiny endCDC}} % CDCPrivate - -\provideboolean{Web} -\setboolean{Web}{false} % reset to true if running via dvi; search for \ifdvi below - -\provideboolean{bigPrint} -\setboolean{bigPrint}{true} -\setboolean{bigPrint}{false} - -\provideboolean{wideMargins} -\setboolean{wideMargins}{true} -\setboolean{wideMargins}{false} - -\provideboolean{BigAndWide} -\setboolean{BigAndWide}{true} -\setboolean{BigAndWide}{false} - -% Options to set if being run from the shell (so autocompiled) -\opt{FromShell}{ -\setboolean{bigPrint}{false} -\setboolean{wideMargins}{false} -\setboolean{BigAndWide}{false} -} - -\opt{bigWide}{ -\setboolean{bigPrint}{true} -\setboolean{wideMargins}{true} -\setboolean{BigAndWide}{true} -\providecommand{\textSizeDefault}{\large} -\providecommand{\abstractSizeDefault}{\large} -} - -\opt{Aquamacs}{ -%\setboolean{bigPrint}{true} -%\setboolean{wideMargins}{true} -%\setboolean{BigAndWide}{true} -%\providecommand{\textSizeDefault}{\large} -%\providecommand{\abstractSizeDefault}{\large} -} - -\provideboolean{KoppaOn} -\setboolean{KoppaOn}{true} -%\setboolean{KoppaOn}{false} - -\ifthenelse{\boolean{KoppaOn}}{ -\providecommand{\koppa}{\text{\greek{k+}}} -\providecommand{\Koppa}{\text{\greek{K+}}} -\providecommand{\sampi}{\text{\greek{s+}}} -\providecommand{\cigma}{\text{\greek{c+}}} -\providecommand{\Cigma}{\text{\greek{C+}}} -}{ -\def\koppa{\mathbf{q}}\providecommand{\koppa}{$\mathbf{q}$}\providecommand{\Koppa}{$\mathbf{Q}$} -} - -% Keep the elements in the argument #1 together on the same page -\newcommand{\together}[1]{\noindent\parbox{\linewidth}{#1}} - -% html version of document must be constructed by running pdflatex in -% dvi output mode; code below creates an ifdvi construct that detects -% whether running in dvi mode and sets the options necessary to generate -% html version of document using tex4ht - -%\makeatletter -%\newif\ifdvi\dvitrue -%\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} -%\makeatother - -% dvi compilation only occurs if making the html version -\ifdvi - \setboolean{Web}{true} - \RequirePackage{tex4ht} - \RequirePackage{graphicx} - \RequirePackage[tex4ht]{hyperref} - \provideboolean{bigPrint}\setboolean{bigPrint}{true} % HTM output looks better in a larger font size - \providecommand{\wideMargins}{\null{}} % Wide margins doesn't mean anything for html documents - \newcommand{\CDCFig}[1]{\centerline{\includegraphics{#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics{#1}}} - \DeclareGraphicsExtensions{.png} - \providecommand{\textSizeDefault}{\large} - \providecommand{\titlepagefinish}{\newpage\textSizeDefault} - \providecommand{\abstractSizeDefault}{\large} - \providecommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht - \let\footnoterule\relax - \makeatletter - \renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{5mm} - \noindent \textbf{Abstract}\\ - \indent \abstractSizeDefault - }{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{3mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{bejournal}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - \begin{quote} - \begin{Description} - \item[\textbf{~~~~~~~~~~~~Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{bejournal}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{~~~~~~~~~~~~JEL codes~}] \@jelclass - \end{Description} - } - \end{quote} - \makeatother - } -\else - \RequirePackage[pdftex]{graphicx} - \RequirePackage[plainpages=false]{hyperref} - \hypersetup{ - pdffitwindow = false, % Don't rescale to fit size of window - pdfpagemode=UseThumbs, - pdfstartview=FitH, - pdfnewwindow = true, % Links open in new window - pdfproducer = {pdfLaTeX with hyperref} - } - \providecommand{\wideMargins}{\usepackage[twoside,marginparwidth=0in,left=0.5in,right=0.5in,top=0.5in,bottom=0.5in]{geometry}\usepackage{layouts}} - \ifthenelse{\boolean{wideMargins}}{\wideMargins}{} - \newcommand{\CDCFig}[1]{\centerline{\includegraphics[width=0.75\textwidth]{../Figures/#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics[width=7.8in,height=5.5in]{../Figures/#1}}} - \DeclareGraphicsExtensions{.pdf} - \ifthenelse{\boolean{bigPrint}}{\renewcommand{\titlepagefinish}{\newpage\large}}{} -\fi - -\newcolumntype{d}[1]{D{.}{.}{#1}} % Seems to need to come after hyperref - -\definecolor{darkblue}{rgb}{0.1,0.094,0.3} -\definecolor{darkred}{rgb}{0.3,0,0} -\hypersetup{colorlinks=true, % put a box around links - linkbordercolor = {1 0 0}, % the box will be red - pdfborder = {1 0 0}, % -% bookmarks=true, % PDF will contain an index on the RHS - urlcolor=darkred, - citecolor=darkblue, - linkcolor=darkred -} - -%% Define the title table as different from the regular table - -%\let\tabularTitle\tabular -%\let\endtabularTitle\endtabular - -%\newenvironment{tabularTitle}{\tabularTitle}{\endtabularTitle} -\newenvironment{tabularTitle}{\tabular}{\endtabular} - -\providecommand{\SolvingMicroDSOPs}{\href{https://www.econ2.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}{SolvingMicroDSOPs}} - -\newcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Consumption/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutF}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1.pdf}{\texttt{#1}}} -\newcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList.pdf}{\texttt{MathFacts}}} -\newcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{#1}}} -\newcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation.pdf}{\texttt{Aggregation}}} - - -% If doing a web version, renewcommands link to the html versions of handouts -\ifdvi -\renewcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/#1}{\texttt{#1}}} -\renewcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1}{\texttt{#1}}} -\renewcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1}{\texttt{#1}}} -\renewcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1}{\texttt{#1}}} -\renewcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFactsList/#1}{\texttt{#1}}} -\fi -\renewcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{MathFacts}}} -\renewcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation/}{\texttt{Aggregation}}} - -\providecommand{\CRRALim}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#CRRALim}{\ensuremath{\mathtt{[CRRALim]}}}} -\providecommand{\ELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNorm}{\ensuremath{\mathtt{[ELogNorm]}}}} -\providecommand{\ELogNormMeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormMeanOne}{\ensuremath{\mathtt{[ELogNormMeanOne]}}}} -\providecommand{\ELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormTimes}{\ensuremath{\mathtt{[ELogNormTimes]}}}} -\providecommand{\EulersTheorem}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#EulersTheorem}{\ensuremath{\mathtt{[EulersTheorem]}}}} -\providecommand{\ExpEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpEps}{\ensuremath{\mathtt{[ExpEps]}}}} -\providecommand{\ExpPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpPlus}{\ensuremath{\mathtt{[ExpPlus]}}}} -\providecommand{\FinSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSum}{\ensuremath{\mathtt{[FinSum]}}}} -\providecommand{\InfSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSum}{\ensuremath{\mathtt{[InfSum]}}}} -\providecommand{\LogELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNorm}{\ensuremath{\mathtt{[LogELogNorm]}}}} -\providecommand{\LogELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNormTimes}{\ensuremath{\mathtt{[LogELogNormTimes]}}}} -\providecommand{\LogEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogEps}{\ensuremath{\mathtt{[LogEps]}}}} -\providecommand{\LogMeanMPS}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogMeanMPS}{\ensuremath{\mathtt{[LogMeanMPS]}}}} -\providecommand{\MeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MeanOne}{\ensuremath{\mathtt{[MeanOne]}}}} -\providecommand{\MultPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MultPlus}{\ensuremath{\mathtt{[MultPlus]}}}} -\providecommand{\NormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#NormTimes}{\ensuremath{\mathtt{[NormTimes]}}}} -\providecommand{\OverPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#OverPlus}{\ensuremath{\mathtt{[OverPlus]}}}} -\providecommand{\SmallSmallZero}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SmallSmallZero}{\ensuremath{\mathtt{[SmallSmallZero]}}}} -\providecommand{\SumNormsIsNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SumNormsIsNorm}{\ensuremath{\mathtt{[SumNormsIsNorm]}}}} -\providecommand{\TaylorOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorOne}{\ensuremath{\mathtt{[TaylorOne]}}}} -\providecommand{\TaylorTwo}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorTwo}{\ensuremath{\mathtt{[TaylorTwo]}}}} -\RequirePackage{ifthen} - -\provideboolean{AnswersTF}\setboolean{AnswersTF}{false} % Default is no answers; run with \UseOption{Answers} from shell to generate answers - - -\provideboolean{ExamQ} -\setboolean{ExamQ}{false} -\newcommand{\ifExamQuestion}{\ifthenelse{\boolean{ExamQ}}} - -\provideboolean{SpaceBetweenAnswers} -\setboolean{SpaceBetweenAnswers}{true} -\providecommand{\AnswerOrBlankSpace}{\ifthenelse{\boolean{SpaceBetweenAnswers}}} - -\opt{Answers}{\provideboolean{AnswersTF}\setboolean{AnswersTF}{true}} - -\newcommand{\ifAnswers}{\ifthenelse{\boolean{AnswersTF}}} -\newcommand{\answer}[2]{\ifthenelse{\boolean{AnswersTF}}{ - -{\it Answer:} -\begin{quote} -#1 -\end{quote} -} -{#2}} diff --git a/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtexShortcuts.sty b/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtexShortcuts.sty deleted file mode 100644 index 815471c61..000000000 --- a/docs/texmf-local/tex/latex/texmf-local/tex/latex/econtexShortcuts.sty +++ /dev/null @@ -1,628 +0,0 @@ -\providecommand{\aAgg}{\ensuremath{\mathsf{A}}} -\providecommand{\aboveMin}{\blacktriangle} -\providecommand{\adjPar}{\ensuremath{\omega}} -\providecommand{\adj}{\ensuremath{\mathrm{j}}} -\providecommand{\aE}{\aRat^{e}} -\providecommand{\aFunc}{\ensuremath{\mathrm{a}}} -\providecommand{\Age}{\ensuremath{Z}} -\providecommand{\age}{\ensuremath{z}} -\providecommand{\ALevBF}{\ensuremath{\mathbf{A}}} -\providecommand{\aLevBF}{\ensuremath{\mathbf{a}}} -\providecommand{\ALev}{\ensuremath{A}} -\providecommand{\aLev}{\ensuremath{a}} -\providecommand{\Alive}{\ensuremath{\cancel{\mathfrak{D}}}} -\providecommand{\Alt}{\grave} -\providecommand{\aMin}{\ensuremath{\underline{\aRat}}} -\providecommand{\ARat}{\ensuremath{A}} -\providecommand{\aRat}{\ensuremath{a}} -\providecommand{\ASS}{\ensuremath{\ensuremath{A}}} -\providecommand{\aSS}{\ensuremath{\ensuremath{a}}} -\providecommand{\ATarg}{\ensuremath{\check{A}}} -\providecommand{\aTarg}{\ensuremath{\check{a}}} -\providecommand{\BE}{\BRat^{e}} -\providecommand{\bE}{\bRat^{e}} -\providecommand{\BLevBF}{\ensuremath{\mathbf{B}}} -\providecommand{\bLevBF}{\ensuremath{\mathbf{b}}} -\providecommand{\BLevE}{\ensuremath{\BLev^{e}}} -\providecommand{\bLevE}{\ensuremath{\bLev^{e}}} -\providecommand{\BLevU}{\ensuremath{\BLev^{u}}} -\providecommand{\bLevU}{\ensuremath{\bLev^{u}}} -\providecommand{\BLev}{\ensuremath{B}} -\providecommand{\bLev}{\ensuremath{b}} -\providecommand{\bMin}{\ensuremath{\underline{\bRat}}} -\providecommand{\bRatE}{\ensuremath{b}^{e}} -\providecommand{\BRatE}{\ensuremath{B}^{e}} -\providecommand{\bRatU}{\ensuremath{b}^{u}} -\providecommand{\BRat}{\ensuremath{B}} -\providecommand{\bRat}{\ensuremath{b}} -\providecommand{\bTargE}{\ensuremath{\check{b}^{e}}} -\providecommand{\BTargTarg}{\Target{\Target{\BRat}}} -\providecommand{\bTargTarg}{\Target{\Target{\bRat}}} -\providecommand{\BTarg}{\ensuremath{\check{B}}} -\providecommand{\bTarg}{\ensuremath{\check{b}}} -\providecommand{\BU}{{B}^{u}} -\providecommand{\bU}{{b}^{u}} -\providecommand{\cAgg}{\ensuremath{\pmb{C}}} -\providecommand{\CARA}{\ensuremath{\alpha}} -\providecommand{\ccRat}{\ensuremath{\mathsf{c}}} -\providecommand{\CDF}{\ensuremath{\mathcal{F}}} -\providecommand{\CEndFunc}{\ensuremath{\mathfrak{C}}} -\providecommand{\cEndFunc}{\ensuremath{\mathfrak{c}}} -\providecommand{\cEss}{{c}^{e}} -\providecommand{\CE}{\CRat^{e}} -\providecommand{\cE}{\cRat^{e}} -\providecommand{\cFuncAbove}{\ensuremath{\bar{\mathrm{c}}}} -\providecommand{\cFuncBelow}{\ensuremath{\uline{\mathrm{c}}}} -\providecommand{\cFuncMax}{\ensuremath{\bar{\bar{\mathrm{c}}}}} -\providecommand{\CFunc}{\ensuremath{\mathrm{C}}} -\providecommand{\cFunc}{\ensuremath{\mathrm{c}}} -\providecommand{\cFunc}{\ensuremath{\mathrm{c}}} -\providecommand{\CGroOverG}{\ensuremath{\Upsilon}} -\providecommand{\CGroOverR}{\ensuremath{\Phi}} -\providecommand{\CGroPF}{\ensuremath{\Lambda}} -\providecommand{\cGroPF}{\ensuremath{\lambda}} -\providecommand{\CGroPS}{\ensuremath{\chi}} % Precautionary Saving boost to consumption growth -\providecommand{\chiFunc}{\pmb{\chi}} -\providecommand{\Chi}{\ensuremath{\mathrm{X}}} % capital chi is sometimes useful, and not native to LaTeX -\providecommand{\CLevBF}{\ensuremath{\mathbf{C}}} -\providecommand{\cLevBF}{\ensuremath{\mathbf{c}}} -\providecommand{\CLevE}{\CLev^{e}} -\providecommand{\cLevE}{\cLev^{e}} -\providecommand{\cLevFunc}{\ensuremath{\pmb{\cFunc}}} -\providecommand{\CLevU}{\CLev^{u}} -\providecommand{\cLevU}{\cLev^{u}} -\providecommand{\cLev}{\ensuremath{c}} -\providecommand{\CLev}{\ensuremath{C}} -\providecommand{\Cons}{\ensuremath{C}} -\providecommand{\cons}{\ensuremath{c}} -\providecommand{\corr}{\varrho} -\providecommand{\cPDVFunc}{\ensuremath{\mathbb{C}}} -\providecommand{\CPDV}{\ensuremath{\text{PDV($C$)}}} -\providecommand{\cPPP}{\cons^{\prime\prime\prime}} -\providecommand{\cPP}{\cons^{\prime\prime}} -\providecommand{\cP}{\cons^{\prime}} -\providecommand{\cRatBF}{\ensuremath{\pmb{c}}} -\providecommand{\CRatE}{\CRat^{e}} -\providecommand{\cRatE}{\cRat^{e}} -\providecommand{\CRatU}{\CRat^{u}} -\providecommand{\cRatU}{\cRat^{u}} -\providecommand{\CRat}{\ensuremath{C}} -\providecommand{\cRat}{\ensuremath{c}} -\providecommand{\CRRA}{\ensuremath{\rho}} -\providecommand{\CTargE}{\CTarg^{\null}} -\providecommand{\cTargE}{\ensuremath{\Target{c}^{e}}} -\providecommand{\cTargTarg}{\Target{\Target{\cRat}}} -\providecommand{\CTarg}{\ensuremath{\Target{C}}} -\providecommand{\cTarg}{\ensuremath{\Target{c}}} -\providecommand{\curr}{1} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\Curr}{t} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\CU}{\CRat^{u}} -\providecommand{\cU}{\cRat^{u}} -\providecommand{\dRat}{\ensuremath{d}} -\providecommand{\debtLim}{\mathsf{d}} -\providecommand{\Debt}{\ensuremath{D}} -\providecommand{\debt}{\ensuremath{d}} -\providecommand{\DeprFac}{\ensuremath{\daleth}} -\providecommand{\Depr}{\ensuremath{\daleth}} -\providecommand{\depr}{\ensuremath{\delta}} -\providecommand{\deprRte}{\ensuremath{\delta}} % New -\providecommand{\DiscAltuAdj}{\ensuremath{\underline{\underline{\beth}}}} -\providecommand{\DiscAlt}{\ensuremath{\beth}} -\providecommand{\Discount}{\ensuremath{\beta}} -\providecommand{\DiscRate}{\ensuremath{\vartheta}} -\providecommand{\DiscRte}{\ensuremath{\vartheta}} % New -\providecommand{\DiscFac}{\ensuremath{\beta}} % New -\providecommand{\DivGro}{\ensuremath{\mathsf{G}}} -\providecommand{\divGro}{\ensuremath{\mathsf{g}}} -\providecommand{\Div}{\ensuremath{D}} -\providecommand{\div}{\ensuremath{d}} -\providecommand{\DLev}{\ensuremath{D}} -\providecommand{\Dvdnd}{\ensuremath{\mathbf{D}}} -\providecommand{\dvdnd}{\ensuremath{d}} -\providecommand{\edvdnd}{\grave{\dvdnd}} -\providecommand{\EEndMap}{\ensuremath{\mathsf{E}}} -\providecommand{\effUnits}{\ensuremath{X}} -\providecommand{\eFunc}{\ensuremath{\mathrm{e}}} -\providecommand{\ELev}{\ensuremath{E}} -\providecommand{\ek}{\ensuremath{\lambda}} -\providecommand{\EmpGro}{\ensuremath{\Xi}} -\providecommand{\empGro}{\ensuremath{\xi}} -\providecommand{\empState}{\xi} % employment state indicator variable -\providecommand{\EpremLog}{\varphi} % Not using regular \eprem because want to distinguish between \varphi = log E_{t}[\Phi_{t+1}] and \phi_{t} = E[\log \Phi_{t}] -\providecommand{\EPrem}{\Phi} % equity premium -\providecommand{\eprem}{\phi} % log equity premium -\providecommand{\EpShkInv}{\Ex[\pShk^{-1}]} -\providecommand{\erate}{\ensuremath{\cancel{\mho}}} -\providecommand{\error}{\ensuremath{\epsilon}} -\providecommand{\Err}{\ensuremath{Z}} -\providecommand{\err}{\ensuremath{z}} -\providecommand{\err}{\ensuremath{z}} -\providecommand{\Estdr}{\ensuremath{\sigma_{\risky}}} % Standard deviation of log return on risky asset -\providecommand{\Evarr}{\ensuremath{\sigma_{\risky}^{2}}} % Variance of log return on risky asset -\providecommand{\EVarr}{\sigma_{\Risky}^{2}} % Variance of level return on risky asset (when returns norm dist) -\providecommand{\expend}{\ensuremath{\xi}} -\providecommand{\Ex}{\ensuremath{\mathbb{E}}} % Expectations -\providecommand{\FDist}{\ensuremath{\mathcal{F}}} -\providecommand{\fDist}{\ensuremath{\mathcal{f}}} -\providecommand{\FFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\fFunc}{\ensuremath{\mathrm{f}}} -\providecommand{\FLev}{\ensuremath{F}} -\providecommand{\fLev}{\ensuremath{f}} -\providecommand{\fPP}{\ensuremath{\mathrm{f}^{\prime\prime}}} -\providecommand{\FPP}{\ensuremath{\mathrm{F}^{\prime\prime}}} -\providecommand{\fP}{\ensuremath{\mathrm{f}^{\prime}}} -\providecommand{\FP}{\ensuremath{\mathrm{F}^{\prime}}} -\providecommand{\GLev}{\ensuremath{G}} -\providecommand{\GovNW}{\ensuremath{N}} -\providecommand{\govNW}{\ensuremath{n}} -\providecommand{\GovSpend}{\ensuremath{X}} -\providecommand{\govSpend}{\ensuremath{x}} -\providecommand{\Habit}{\ensuremath{H}} -\providecommand{\Habit}{\ensuremath{H}} -\providecommand{\habit}{\ensuremath{h}} -\providecommand{\Ham}{\ensuremath{\mathcal{H}}} % Hamiltonian -\providecommand{\HARKcore}{\texttt{HARKcore}} -\providecommand{\hEndMin}{\ensuremath{\underline{\mathfrak{h}}}} -\providecommand{\hEnd}{\ensuremath{\mathfrak{h}}} -\providecommand{\hFunc}{\ensuremath{\mathrm{h}}} -\providecommand{\Hi}{\hat} -\providecommand{\HLev}{\ensuremath{H}} -\providecommand{\HLevBF}{\ensuremath{\mathbf{H}}} -\providecommand{\hLevBF}{\ensuremath{\mathbf{h}}} -\providecommand{\HLev}{\ensuremath{\pmb{H}}} -\providecommand{\hLev}{\ensuremath{\pmb{h}}} -\providecommand{\hMin}{\ensuremath{\underline{\h}}} -\providecommand{\HMin}{\ensuremath{\underline{H}}} -\providecommand{\hours}{\ensuremath{\mathfrak{h}}} -\providecommand{\Hours}{\ensuremath{\mathfrak{H}}} -\providecommand{\HRat}{\ensuremath{H}} -\providecommand{\hRat}{\ensuremath{h}} -\providecommand{\h}{\ensuremath{h}} -\providecommand{\H}{\ensuremath{H}} -\providecommand{\iFunc}{\ensuremath{\mathrm{i}}} -\providecommand{\IFunc}{\ensuremath{\mathrm{I}}} -\providecommand{\ILev}{\ensuremath{I}} -\providecommand{\iLev}{\ensuremath{i}} -\providecommand{\impg}{{\imath}_{\pGro}} -\providecommand{\ImpG}{{\Im}_{\PGro}} -\providecommand{\impr}{{\imath}_{\rfree}} -\providecommand{\ImpR}{{\Im}_{\Rfree}} -\providecommand{\Inc}{{Y}} -\providecommand{\inc}{{y}} -\providecommand{\InvEpShkInv}{\acute{\psi}} -\providecommand{\InvEpShkInv}{\underline{\psi}} -\providecommand{\Inv}{{I}} -\providecommand{\inv}{{i}} -\providecommand{\IRat}{\ensuremath{I}} -\providecommand{\iRat}{\ensuremath{i}} -\providecommand{\itc}{\ensuremath{\zeta}} -\providecommand{\jFunc}{\ensuremath{\mathrm{j}}} -\providecommand{\JLev}{\ensuremath{J}} -\providecommand{\kapRent}{\ensuremath{\varkappa}} -\providecommand{\kapShare}{\ensuremath{\alpha}} -\providecommand{\Kap}{{K}} -\providecommand{\kap}{{k}} -\providecommand{\KFunc}{\ensuremath{\mathrm{K}}} -\providecommand{\kFunc}{\ensuremath{\mathrm{k}}} -\providecommand{\KLevBF}{\ensuremath{\mathbf{K}}} -\providecommand{\kLevBF}{\ensuremath{\mathbf{k}}} -\providecommand{\KLev}{\ensuremath{K}} -\providecommand{\kLev}{\ensuremath{k}} -\providecommand{\kPriceAfterITC}{\ensuremath{\mathscr{P}}} -\providecommand{\kPrice}{\ensuremath{\mathsf{P}}} -\providecommand{\KRat}{\ensuremath{K}} -\providecommand{\kRat}{\ensuremath{k}} -\providecommand{\kTargE}{\ensuremath{\Target{k}^{e}}} -\providecommand{\kTarg}{\ensuremath{\Target{k}}} -\providecommand{\labor}{\ensuremath{\ell}} % -\providecommand{\Labor}{\ensuremath{L}} -\providecommand{\labShare}{\ensuremath{\nu}} -\providecommand{\Leisure}{Z} % -\providecommand{\leisure}{z} % -\providecommand{\leiShare}{\ensuremath{\zeta}} % -\providecommand{\LGro}{\ensuremath{\Lambda}} -\providecommand{\lGro}{\ensuremath{\lambda}} -\providecommand{\LLevBF}{\ensuremath{\mathbf{L}}} -\providecommand{\lLevBF}{\ensuremath{\pmb{\ell}}} -\providecommand{\lLev}{\ensuremath{\ell}} -\providecommand{\LLev}{\ensuremath{L}} -\providecommand{\Lo}{\check} -\providecommand{\LRat}{\ensuremath{L}} -\providecommand{\MaxMaxMPC}{\ensuremath{\bar{\bar{\kappa}}}} -\providecommand{\MaxMinMPC}{\ensuremath{\hat{\underline{\kappa}}}} -\providecommand{\MaxMPC}{\ensuremath{\bar{\kappa}}} -\providecommand{\MaxMPS}{\ensuremath{\PatR}} -\providecommand{\Mean}{\ensuremath{\mathbb{M}}} % Mean -\providecommand{\mEss}{\check{m}^{e}} -\providecommand{\ME}{\MRat^{e}} -\providecommand{\mE}{\mRat^{e}} -\providecommand{\mFunc}{\ensuremath{\mathrm{m}}} -\providecommand{\MinMinMPC}{\ensuremath{\underline{\kappa}}} -\providecommand{\MinMPC}{\ensuremath{\uline{\kappa}}} -\providecommand{\MinMPS}{\ensuremath{\pZero^{1/\CRRA} \PatR}} -\providecommand{\MLevBF}{\ensuremath{\mathbf{M}}} -\providecommand{\mLevBF}{\ensuremath{\mathbf{m}}} -\providecommand{\mLevBF}{\ensuremath{\mathbf{m}}} -\providecommand{\mLevE}{\mLev^{e}} -\providecommand{\MLev}{\ensuremath{M}} -\providecommand{\mLev}{\ensuremath{m}} -\providecommand{\MPCE}{\MPC^{e}} -\providecommand{\MPCFunc}{\ensuremath{\pmb{\kappa}}} -\providecommand{\MPCPPF}{\ensuremath{\Pi}} -\providecommand{\MPCP}{\ensuremath{\pi}} -\providecommand{\MPCU}{\MPC^{u}} -\providecommand{\MPC}{\ensuremath{\kappa}} -\providecommand{\MPSFunc}{\ensuremath{\pmb{lambda}}} -\providecommand{\MPS}{\ensuremath{\lambda}} -\providecommand{\MRatE}{\MRat^{e}} -\providecommand{\mRatE}{\mRat^{e}} -\providecommand{\MRat}{\ensuremath{M}} -\providecommand{\mRat}{\ensuremath{m}} -\providecommand{\MSS}{\ensuremath{\breve{M}}} -\providecommand{\mSS}{\ensuremath{\breve{m}}} -\providecommand{\mTarg}{\check{m}} -\providecommand{\MU}{{M}^{u}} -\providecommand{\mU}{{m}^{u}} -\providecommand{\m}{\ensuremath{m}} -\providecommand{\M}{\ensuremath{M}} -\providecommand{\next}{2} % via search-and-replace -\providecommand{\Next}{t+1} % -\providecommand{\nFunc}{\ensuremath{\mathrm{n}}} -\providecommand{\NLev}{\ensuremath{N}} -\providecommand{\nLev}{\ensuremath{n}} -\providecommand{\NRat}{\ensuremath{N}} -\providecommand{\nRat}{\ensuremath{n}} -\providecommand{\Num}{\ensuremath{N}} -\providecommand{\n}{\ensuremath{n}} -\providecommand{\OLevBF}{\ensuremath{O}} -\providecommand{\oLevBF}{\ensuremath{\mathbf{o}}} -\providecommand{\OLev}{\ensuremath{O}} -\providecommand{\oLev}{\ensuremath{\pmb{o}}} -\providecommand{\ORat}{\ensuremath{O}} -\providecommand{\oRat}{\ensuremath{o}} -\providecommand{\Pareto}{\zeta} -\providecommand{\PatPGroAdj}{\text{\pmb{\Thorn}}_{\acute{\PGro}}} -\providecommand{\patpGroAdj}{\text{\thorn}_{\acute{\pGro}}} -\providecommand{\patpGrohat}{\hat{\text{\thorn}}_{\pGro}} -\providecommand{\PatPGro}{\text{\pmb{\Thorn}}_{\PGro}} -\providecommand{\patpGro}{\text{\thorn}_{\pGro}} -\providecommand{\PatR}{\text{\pmb{\Thorn}}_{\Rfree}} -\providecommand{\patr}{\text{\thorn}_{\rfree}} -\providecommand{\PatU}{\text{\pmb{\Thorn}}_{\urate}} -\providecommand{\patu}{\text{\thorn}_{\urate}} -\providecommand{\PatWGro}{\text{\pmb{\Thorn}}_{\WGro}} -\providecommand{\patwGro}{\text{\thorn}_{\wGro}} -\providecommand{\Pat}{\text{\pmb{\Thorn}}} -\providecommand{\pat}{\text{\thorn}} -\providecommand{\pDeadRate}{\ensuremath{\grave{\cancel{\mathsf{d}}}}} -\providecommand{\pDead}{\ensuremath{\mathfrak{D}}} -\providecommand{\pDieRate}{\ensuremath{\grave{\mathsf{d}}}} -\providecommand{\pDies}{\ensuremath{\mathrm{d}}} % Continuous time death rate -\providecommand{\PDies}{\ensuremath{\mathsf{D}}} % Discrete-time one-period death rate -\providecommand{\PDV}{\ensuremath{\mathbb{P}}} % PDV -\providecommand{\PGroAdj}{\ensuremath{\underline{\PGro}}} -\providecommand{\pGroAdj}{\ensuremath{\underline{\pGro}}} -\providecommand{\PGrouAdj}{\ensuremath{\underline{\underline{\PGro}}}} -\providecommand{\pGrouAdj}{\ensuremath{\underline{\underline{{\pGro}}}}} -\providecommand{\PGro}{\ensuremath{\Gamma}} -\providecommand{\pGro}{\ensuremath{\gamma}} -\providecommand{\phiFunc}{\ensuremath{\digamma}} -\providecommand{\PIHMPC}{\ensuremath{\varkappa}} -\providecommand{\PInc}{\ensuremath{P}} -\providecommand{\PLabor}{\ensuremath{P}} % Permanent labor income in levels -\providecommand{\Plabor}{P} % Permanent labor income in levels -\providecommand{\PLevBF}{\ensuremath{\mathbf{P}}} -\providecommand{\pLevBF}{\ensuremath{\mathbf{p}}} -\providecommand{\PLev}{\ensuremath{P}} -\providecommand{\pLev}{\ensuremath{\pmb{p}}} -\providecommand{\PLev}{\ensuremath{P}} -\providecommand{\PLives}{\ensuremath{\cancel{\PDies}}} -\providecommand{\pLives}{\ensuremath{\cancel{\pDies}}} -\providecommand{\pNotZero}{\ensuremath{\cancel{\wp}}} -\providecommand{\PopE}{\mathcal{E}} -\providecommand{\popE}{e} -\providecommand{\PopGro}{\ensuremath{\Xi}} -\providecommand{\popGro}{\ensuremath{\xi}} -\providecommand{\PopLev}{\ensuremath{\pmb{N}}} -\providecommand{\PopU}{\mathcal{U}} -\providecommand{\Pop}{\ensuremath{L}} -\providecommand{\PostITC}{\ensuremath{\cancel{\zeta}}} -\providecommand{\power}{\ensuremath{\eta}} -\providecommand{\pPDVFunc}{\ensuremath{\mathbb{P}}} -\providecommand{\PPDV}{\ensuremath{\text{PDV($P$)}}} -\providecommand{\pRat}{\ensuremath{p}} -\providecommand{\Price}{\ensuremath{\mathsf{P}}} -\providecommand{\ProdFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\ProdFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\prodFunc}{\ensuremath{\mathrm{f}}} -\providecommand{\prudEx}{\ensuremath{\omega}} -\providecommand{\prud}{\ensuremath{\eta}} -\providecommand{\pSav}{\ensuremath{\phi}} -\providecommand{\pShkMin}{\underline{\psi}} % -\providecommand{\PShk}{\Psi} % -\providecommand{\PermShkAgg}{\Psi} % New -\providecommand{\PermShk}{\Psi} % New -\providecommand{\permShk}{\psi} % New -\providecommand{\pShk}{\psi} % -\providecommand{\permShkInd}{\psi} % New -\providecommand{\pshk}{\psi} % -\providecommand{\PtyGro}{\ensuremath{\Phi}} -\providecommand{\ptyGro}{\ensuremath{\phi}} -\providecommand{\PtyLab}{\ensuremath{\mathrm{Z}}} % Labor productivity -\providecommand{\ptyLab}{\ensuremath{z}} % usually, log of \PtyLab -\providecommand{\PtyLev}{\ensuremath{A}} % Multiplies overall production function -\providecommand{\ptyLev}{\ensuremath{a}} % Usually, log of \PtyLev -\providecommand{\pZero}{\ensuremath{\wp}} -\providecommand{\QLev}{\ensuremath{Q}} -\providecommand{\q}{\ensuremath{\koppa}} -\providecommand{\RCpnd}{\ensuremath{\mathbf{R}}} -\providecommand{\RevFunc}{\ensuremath{\pmb{\Pi}}} -\providecommand{\revFunc}{\ensuremath{\pmb{\pi}}} -\providecommand{\Rev}{\ensuremath{\Pi}} -\providecommand{\rev}{\ensuremath{\pi}} -\providecommand{\rfree}{\ensuremath{\mathsf{r}}} % The net return on the safe asset at an annual rate -\providecommand{\Rfree}{\ensuremath{\mathsf{R}}} % The return factor on the safe asset - unfortunately mathfrak fonts don't come through for tth -\providecommand{\RFunc}{\ensuremath{\mathrm{R}}} -\providecommand{\RGross}{\ensuremath{\breve{\mathsf{R}}}} -\providecommand{\rGross}{\ensuremath{\breve{\mathsf{r}}}} -\providecommand{\RiskyAlt}{\ensuremath{\acute{\mathbf{R}}}} % The return on the risky asset -\providecommand{\riskyAlt}{\ensuremath{\acute{\mathbf{r}}}} % The net return on the risky asset annual rate -\providecommand{\riskyshare}{\ensuremath{\varsigma}} -\providecommand{\Risky}{\ensuremath{\mathbf{R}}} % The return on the risky asset -\providecommand{\risky}{\ensuremath{\mathbf{r}}} % The net return on the risky asset annual rate -\providecommand{\RLev}{\ensuremath{R}} % Rate of return (but better to use \Rfree or \Risky or something else more specific -\providecommand{\RnormWGro}{\ensuremath{\mathcal{R}_{\WGro}}} % Normalized version of riskless return factor -\providecommand{\rnormwGro}{\ensuremath{\mathit{r}_{\wGro}}} % Normalized version of riskless rate of return -\providecommand{\Rnorm}{\ensuremath{\mathcal{R}}} % Normalized version of riskless return factor -\providecommand{\rnorm}{\ensuremath{\mathit{r}}} % Normalized version of riskless rate of return -\providecommand{\Rport}{\ensuremath{\pmb{\mathfrak{R}}}} % Portfolio -weighted return -\providecommand{\rport}{\ensuremath{\pmb{\mathfrak{r}}}} % Portfolio -weighted return -\providecommand{\rProd}{\ensuremath{\mathit{r}}} -\providecommand{\Rprod}{\ensuremath{\mathscr{R}}} -\providecommand{\rprod}{\ensuremath{\mathscr{r}}} -\providecommand{\RProd}{\ensuremath{\mathsf{R}}} -\providecommand{\RSave}{\ensuremath{\ushort{\Rfree}}} -\providecommand{\rsave}{\ensuremath{\ushort{\rfree}}} -\providecommand{\RBoro}{\ensuremath{\bar{\Rfree}}} -\providecommand{\rboro}{\ensuremath{\bar{\rfree}}} -\providecommand{\R}{\Rfree} -\providecommand{\saveRate}{\grave{s}} % saving (income minus consumption) over income -\providecommand{\Save}{S} % Saving (income minus consumption) -\providecommand{\save}{s} % saving (income minus consumption) -\providecommand{\SDF}{\MLev} % Stochastic Discount Factor -\providecommand{\sdr}{\mRat} % Stochastic Discount rate -\providecommand{\Seniority}{\ensuremath{\mathsf{X}}} -\providecommand{\seniority}{\ensuremath{\mathsf{x}}} -\providecommand{\SeverancePayment}{\ensuremath{\mathcal{S}}} -\providecommand{\SeveranceRatio}{\ensuremath{\varsigma}} -\providecommand{\Severance}{\ensuremath{\varsigma}} -\providecommand{\SE}{\SRat^{e}} -\providecommand{\sE}{\sRat^{e}} -\providecommand{\sFunc}{\ensuremath{\mathrm{s}}} -\providecommand{\shk}{\phi} -\providecommand{\Shk}{\Phi} -\providecommand{\ShkLogZeroLogStd}{\sigma_{\cancel{\ShkMeanOneLog}}} % Std of that shock -\providecommand{\ShkLogZeroLogVar}{\sigma_{\cancel{\ShkMeanOneLog}}^{2}} % Variance of that shock -\providecommand{\ShkLogZeroLog}{\cancel{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkLogZero}{\cancel{\ShkMeanOne}} % A shock whose expectation in logs is zero; cancellation of the nonzero mean for the mean one shock -\providecommand{\ShkMeanOneLogStd}{\sigma_{\ShkMeanOneLog}} % Std of that shock -\providecommand{\ShkMeanOneLogVar}{\sigma^{2}_{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkMeanOneLog}{\theta} % Log of that shock -\providecommand{\ShkMeanOne}{\Theta} % A shock whose expectation in levels is always equal to one regardless of variance -\providecommand{\SLevBF}{\mathbf{S}} -\providecommand{\sLevBF}{\mathbf{s}} -\providecommand{\SLevE}{\SLev^{e}} -\providecommand{\sLevE}{\sLev^{e}} -\providecommand{\SLevU}{\SLev^{u}} -\providecommand{\sLevU}{\sLev^{u}} -\providecommand{\SLev}{\ensuremath{S}} -\providecommand{\sLev}{\ensuremath{s}} -\providecommand{\srate}{\ensuremath{\varsigma}} -\providecommand{\SRatE}{\SRat^{e}} -\providecommand{\sRatE}{\sRat^{e}} -\providecommand{\SRatU}{\SRat^{u}} -\providecommand{\sRatU}{\sRat^{u}} -\providecommand{\SRat}{\ensuremath{S}} -\providecommand{\sRat}{\ensuremath{s}} -\providecommand{\STargE}{\Target{\SRat}^{\null}} -\providecommand{\sTargE}{\Target{\sRat}^{\null}} -\providecommand{\STargTarg}{\Target{\Target{\SRat}}} -\providecommand{\sTargTarg}{\Target{\Target{\sRat}}} -\providecommand{\STarg}{\Target{\SRat}} -\providecommand{\sTarg}{\Target{\sRat}} -\providecommand{\Steady}{\bar} -\providecommand{\Stocks}{{S}} -\providecommand{\stocks}{{s}} -\providecommand{\straight}{\Pi} -\providecommand{\Surplus}{\ensuremath{Z}} -\providecommand{\surplus}{\ensuremath{z}} -\providecommand{\SU}{\SRat^{u}} -\providecommand{\sU}{\sRat^{u}} -\providecommand{\Target}{\check} -\providecommand{\TaxCombInv}{\ensuremath{\mathcal{T}^{-1}}} -\providecommand{\TaxComb}{\ensuremath{\mathcal{T}}} -\providecommand{\TaxCorp}{\ensuremath{\tau}} -\providecommand{\taxDep}{\ensuremath{\partial}} -\providecommand{\TaxFree}{\ensuremath{\cancel{\Tax}}} -\providecommand{\TaxLev}{T} -\providecommand{\TaxNetTrans}{\ensuremath{Z}} -\providecommand{\taxNetTrans}{\ensuremath{z}} -\providecommand{\TaxPaid}{\ensuremath{T}} -\providecommand{\TaxRate}{\ensuremath{t}} -\providecommand{\TaxUI}{\ensuremath{\tau}} -\providecommand{\Tax}{\ensuremath{\tau}} -\providecommand{\tax}{\tau} -\providecommand{\tBak}{\ensuremath{\pmb{n}}} -\providecommand{\TEatBak}{\ensuremath{\mathtt{q}}} -\providecommand{\TEat}{\ensuremath{\TEnd}} -\providecommand{\TEndBak}{\ensuremath{\mathsf{p}}} -\providecommand{\TEnd}{\ensuremath{T}} -\providecommand{\TermTime}{\ensuremath{T}} -\providecommand{\tFwd}{\ensuremath{n}} -\providecommand{\tHorOfm}{\ensuremath{\pmb{n}}} -\providecommand{\tHor}{\ensuremath{\mathsf{n}}} -\providecommand{\timeRate}{\ensuremath{\vartheta}} -\providecommand{\tinyAmount}{\ensuremath{\epsilon}} -\providecommand{\TLev}{\ensuremath{T}} -\providecommand{\TMap}{\mathscr{T}} -\providecommand{\tNow}{\ensuremath{t}} -\providecommand{\tShkAll}{\xi} % -\providecommand{\tShkEmpMin}{\underline{\theta}} % -\providecommand{\TShkEmp}{\Theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tranShkInd}{\theta} % New -\providecommand{\TranShkAgg}{\Theta} % New -\providecommand{\TShk}{\Xi} % -\providecommand{\tShk}{\xi} % -\providecommand{\tshk}{\xi} % -\providecommand{\tSS}{\ensuremath{t}} -\providecommand{\tThen}{\ensuremath{\tau}} -\providecommand{\uFunc}{{\ensuremath{\mathrm{u}}}} -\providecommand{\uInvEpShkuInv}{\underline{\underline{\psi}}} -\providecommand{\ULev}{\ensuremath{U}} -\providecommand{\uLev}{\ensuremath{u}} -\providecommand{\unins}{\ensuremath{\zeta}} -\providecommand{\uPDVFunc}{\ensuremath{\mathbb{U}}} -\providecommand{\uPmt}{\ensuremath{\mu}} -\providecommand{\uPPP}{{\ensuremath{\mathrm{u}^{\prime\prime\prime}}}} -\providecommand{\uPP}{{\ensuremath{\mathrm{u}^{\prime\prime}}}} -\providecommand{\uP}{{\ensuremath{\mathrm{u}^{\prime}}}} -\providecommand{\urate}{\ensuremath{\mho}} -\providecommand{\utilFunc}{\ensuremath{\mathrm{u}}} -\providecommand{\util}{\ensuremath{u}} -\providecommand{\ValAlt}{\ensuremath{\mathcal{V}}} % middle-of-period Value function -\providecommand{\valfn}{\ensuremath{\mathrm{v}}} % middle-of-period value function -\providecommand{\Value}{\ensuremath{\mathrm{V}}} % middle-of-period Value function -\providecommand{\VEndFunc}{\ensuremath{\mathfrak{V}}} -\providecommand{\vEndFunc}{\ensuremath{\mathfrak{v}}} -\providecommand{\VEnd}{\ensuremath{\mathfrak{V}}} % end-of-period Value function -\providecommand{\vEnd}{\ensuremath{\mathfrak{v}}} % end-of-period value function -\providecommand{\vEss}{\check{v}^{e}} -\providecommand{\VE}{{V}^{e}} -\providecommand{\vE}{{v}^{e}} -\providecommand{\vFirm}{\ensuremath{\mathrm{e}}} -\providecommand{\VFunc}{\ensuremath{\mathrm{V}}} -\providecommand{\vFunc}{\ensuremath{\mathrm{v}}} -\providecommand{\VInv}{\ensuremath{\Lambda}} -\providecommand{\vInv}{\ensuremath{\scriptstyle \Lambda \displaystyle}} -\providecommand{\vk}{\ensuremath{\lambda}} -\providecommand{\vLevBF}{\ensuremath{\mathbf{v}}} -\providecommand{\VLevFunc}{\ensuremath{\pmb{\mathrm{V}}}} -\providecommand{\vLevFunc}{\ensuremath{\pmb{\mathrm{v}}}} -\providecommand{\VLev}{\ensuremath{V}} -\providecommand{\vLev}{\ensuremath{v}} -\providecommand{\vNorm}{\ensuremath{\mathrm{w}}} % end-of-period value function -\providecommand{\VNum}{\ensuremath{V}} -\providecommand{\vNum}{\ensuremath{v}} -\providecommand{\vOptAlt}{\ensuremath{\Alt{\tilde{\mathfrak{v}}}}} -\providecommand{\vOpt}{\ensuremath{\tilde{\mathfrak{v}}}} -\providecommand{\VRat}{\ensuremath{V}} -\providecommand{\vRat}{\ensuremath{v}} -\providecommand{\vTarg}{\Target{\vRat}} -\providecommand{\VU}{{V}^{u}} -\providecommand{\vU}{{v}^{u}} -\providecommand{\Wage}{\ensuremath{\mathsf{W}}} -\providecommand{\wage}{\ensuremath{\mathsf{w}}} -\providecommand{\WAllLev}{\ensuremath{\mathbf{O}}} -\providecommand{\wAllLev}{\ensuremath{\mathbf{o}}} -\providecommand{\WAllRat}{\ensuremath{O}} -\providecommand{\wAllRat}{\ensuremath{o}} -\providecommand{\WAll}{{O}} -\providecommand{\wAll}{{o}} -\providecommand{\WBeg}{\KLev} % Wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\wBeg}{\kLev} % wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\Wealth}{\ensuremath{O}} -\providecommand{\wealth}{\ensuremath{o}} -\providecommand{\WEndRat}{\ARat} % -\providecommand{\wEndRat}{\aRat} % -\providecommand{\WEnd}{\ALev} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wEnd}{\aLev} % wealth as of the end of the period (after C has been taken) -\providecommand{\Wend}{\ARat} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wend}{\aRat} % wealth as of the end of the period (after C has been taken) -\providecommand{\wFunc}{\mathrm{w}} -\providecommand{\WGroPF}{\ensuremath{\mathsf{G}}} -\providecommand{\WGro}{\ensuremath{\mathsf{G}}} -\providecommand{\wGro}{\ensuremath{\mathsf{g}}} -\providecommand{\whumMin}{\underline{\hRat}} % human wealth -- individual -\providecommand{\WHum}{\HLev} % Human wealth -- aggregate -\providecommand{\wHum}{\hLev} % human wealth -- individual -\providecommand{\Whum}{\HRat} % Human wealth -- aggregate -\providecommand{\whum}{\hRat} % human wealth -- individual -\providecommand{\WLev}{\ensuremath{W}} -\providecommand{\wLev}{\pmb{w}} -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wMid}{\bLev} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\Wmid}{\BRat} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wmid}{\bRat} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMkt}{\MLev} % Wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wMkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wmkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wNet}{\ensuremath{x}} % -\providecommand{\WNet}{\ensuremath{X}} % Total wealth -\providecommand{\WPre}{{K}} -\providecommand{\wPre}{{k}} -\providecommand{\wRat}{\ensuremath{o}} % -\providecommand{\WRat}{\ensuremath{O}} % Ratio to permanent income -\providecommand{\wTot}{\ensuremath{\mathbf{o}}} % -\providecommand{\WTot}{\ensuremath{\mathbf{O}}} % Total wealth -\providecommand{\wtot}{\ensuremath{o}} % -\providecommand{\Wtot}{\ensuremath{O}} % Total wealth -\providecommand{\xFer}{\chi} -\providecommand{\XFer}{X} -\providecommand{\xFunc}{\mathrm{x}} -\providecommand{\XLev}{\ensuremath{X}} -\providecommand{\xLev}{\ensuremath{x}} -\providecommand{\xpend}{\ensuremath{\xi}} -\providecommand{\XperGro}{\ensuremath{\mathsf{X}}} -\providecommand{\xperGro}{\ensuremath{\mathsf{x}}} -\providecommand{\XRat}{\ensuremath{X}} -\providecommand{\xRat}{\ensuremath{x}} -\providecommand{\yFunc}{\mathrm{y}} -\providecommand{\yLevBF}{\ensuremath{\mathbf{y}}} -\providecommand{\YLev}{\ensuremath{Y}} -\providecommand{\yLev}{\ensuremath{y}} -\providecommand{\YRat}{\ensuremath{Y}} -\providecommand{\yRat}{\ensuremath{y}} -\providecommand{\yTargE}{\ensuremath{\check{y}^{e}}} -\providecommand{\yTarg}{\ensuremath{\check{y}}} -\providecommand{\zAgg}{\ensuremath{\pmb{Z}}} -\providecommand{\zFunc}{\mathrm{z}} -\providecommand{\ZLevBF}{\ensuremath{\mathbf{Z}}} -\providecommand{\zLevBF}{\ensuremath{\mathbf{z}}} -\providecommand{\zLevBF}{\ensuremath{\pmb{z}}} -\providecommand{\ZLev}{\ensuremath{Z}} -\providecommand{\zLev}{\ensuremath{z}} -\providecommand{\ZRat}{\ensuremath{Z}} -\providecommand{\zRat}{\ensuremath{z}} - -\newcommand{\discRte}{\omega} -\newcommand{\DieFac}{\pDead} -\newcommand{\LivFac}{\Alive} -\newcommand{\PopFac}{\PopGro} -\newcommand{\popRte}{\popGro} - - -\providecommand{\NFALev}{\NLev} -\providecommand{\NFARat}{\NRat} -\providecommand{\NI}{\ensuremath{Z}} -\providecommand{\GDPLev}{\pmb{P}} -\providecommand{\GDPRat}{P} -\providecommand{\GDPGro}{\gimel} -\providecommand{\gdpLev}{\pmb{p}} -\providecommand{\gdpRat}{p} -\providecommand{\weight}{\omega} - - -\providecommand{\bi}{} -\renewcommand{\bi}{\begin{itemize}} -\providecommand{\ei}{} -\renewcommand{\ei}{\end{itemize}} -\providecommand{\reqd}{} -\renewcommand{\reqd}{\item[$^{*}$]} -\providecommand{\recm}{} -\renewcommand{\recm}{\item[\phantom{$^{*}$}]} - -\providecommand{\Severance}{\kappa} -\newcommand{\pd}[2]{\frac{\partial#1}{\partial#2}} diff --git a/docs/texmf-local/tex/latex/texmf-local/tex/latex/handout.cls b/docs/texmf-local/tex/latex/texmf-local/tex/latex/handout.cls deleted file mode 100644 index fe0f8aae8..000000000 --- a/docs/texmf-local/tex/latex/texmf-local/tex/latex/handout.cls +++ /dev/null @@ -1,365 +0,0 @@ -%%% LaTeX class for economics -%%% -%%% author: Christopher Carroll -%%% license: LaTeX Project Public License -%%% -%%% Modified from style itaxpf by Arne Henningsen -%%% version: 1.0 (09 July 2007) -%%% license: LaTeX Project Public License -%%% -%%% Further information is available at -%%% http://www.uni-kiel.de/agrarpol/ahenningsen/latex-bibtex.html -%%% -%%% This document class is based on the "scrartcl" class -%%% from the KOMA script bundle. For documentation, Google KOMA-Script Documentation -%%% -%%% The corresponding BibTeX style file "handout.bst" should be used -%%% for the bibliography: \bibliographystyle{handout} -%%% -%%% In addition to the options for scrartcl, this package includes an additional option -%%% titlepage = include a title page (with command "\maketitle", or "\maketitleWithForcedDate{}") -%%% -%%% If an abstract is defined by \begin{abstract}\end{abstract} before \maketitle is invoked, -%%% it will appear on the title page -%%% -%%% If the titlepage option is invoked: -%%% \keywords can be used to show keywords below the abstract -%%% \jelclass can be used to show JEL classifications below the abstract -%%% \thanks{text of the thank-you footnote} produces a footnote at the bottom of the page containing the text - -% Made by handoutMake.sh -\ProvidesClass{handout}[2014/10/29 LaTeX class for handouts written by Christopher Carroll] -\NeedsTeXFormat{LaTeX2e} -% \RequirePackage{rotating} - -\RequirePackage{ifthen} -\RequirePackage{chngpage} - -% If unspecified whether pdf output (instead of dvi) is being used, determine that it SHOULD be -\newif\ifdvi\dvitrue -\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} - -% permit double spacing -\RequirePackage{setspace} -%\doublespacing - -% option to include a title page -\newcounter{IncludeTitlePage} -\setcounter{IncludeTitlePage}{0} -\DeclareOption{titlepage}{\setcounter{IncludeTitlePage}{1}} - -% pass any options on to the scrartcl class and load this class with some options -\DeclareOption*{\PassOptionsToClass{\CurrentOption}{scrartcl}} -\ProcessOptions\relax -\LoadClass[fontsize=12pt,english,numbers=noenddot,captions=tableheading,captions=nooneline]{scrartcl} -% pointlessnumbers = do not add final dot after ordinary section numbers -% tablecaptionabove = use \captionabove for captions above rather than below tables -% noonelinecaption = do not treat one-line captions differently - -% use new TeX encoding scheme (T1), which contains accented (European) letters, -% to make European hyphenations work -\RequirePackage[T1]{fontenc} - -% use babel package and set language to english -\RequirePackage[english]{babel} - -% spacing around formulas -\AtBeginDocument{ -\setlength{\abovedisplayshortskip}{6pt} -\setlength{\belowdisplayshortskip}{6pt} -\setlength{\abovedisplayskip}{6pt} -\setlength{\belowdisplayskip}{6pt} -\allowdisplaybreaks % Permits LaTeX to break long formulas across pages (?) -} - -%% Added the above info to the definition of normalsize -\def\normalsize{\@setfontsize \normalsize \@xiipt {14.5} -\abovedisplayskip 6\p@ \@plus 3\p@ \@minus 3\p@ -\belowdisplayskip \abovedisplayskip -\abovedisplayshortskip 6pt \belowdisplayshortskip 6pt -\let \@listi \@listI} -\normalsize - -% Don't indent the second and later lines of footnotes -\deffootnote[1em]{0.0em}{1em}{\textsuperscript{\thefootnotemark}} - -% spacing around captions and floats -\setlength{\abovecaptionskip}{6pt} -\setlength{\belowcaptionskip}{3pt} -\setlength{\floatsep}{0pt} -\setlength{\textfloatsep}{20pt} -\setlength{\intextsep}{15pt} - -\RequirePackage{calc} - -\newenvironment{Description} -{\begin{list}{}{\let\makelabel\Descriptionlabel - \setlength\labelwidth{75pt} - \setlength\labelsep{0pt} - \setlength\leftmargin{75pt} - \setlength\itemindent{0pt} -}} -{\end{list}} -\newcommand*\Descriptionlabel[1]{\textbf{#1}\hfil} - -\RequirePackage{cancel,verbatim, -amsmath,amssymb,amsfonts,amsthm -,threeparttable,dcolumn,multicol,multirow,booktabs % table environment extensions -,latexsym -,afterpage -,endnotes -,moreverb -,hhline % Allow double hlines -,tipa % Define more characters, in particular the \textthorn character -,color -} - -\RequirePackage{handout} -\RequirePackage[mathscr]{eucal} -\RequirePackage[normalem]{ulem} -\providecommand\bmmax{0} % Prevent boldmath package from using up too much memory -\RequirePackage{bm} % Allow bold math -\RequirePackage{bbm} % Blackbord math - -% font for URLs -\RequirePackage{url} -\def\UrlFont{\ttfamily} - -\usepackage[handout]{optional} % Enable the control of compilation using options passed on startup -\opt{EndFloats}{\RequirePackage[noheads,nolists,tablesfirst,nomarkers]{endfloat}} - -% page format, margins if PrintGeom option is invoked -\opt{PrintGeom}{ -\RequirePackage{geometry} -\geometry{letterpaper, tmargin=1.4in, bmargin=1.4in, lmargin=1.25in, - rmargin=1.25in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\opt{JournalFormatting}{ % BEJM requires 1.5 inch margins -\RequirePackage{geometry} -\geometry{letterpaper, tmargin=1.5in, bmargin=1.5in, lmargin=1.5in, - rmargin=1.5in, headheight=0in, headsep=0in, footskip=0.5in } -} - -\providecommand{\textSizeDefault}{\normalsize} -\opt{bigWide}{\renewcommand{\textSizeDefault}{\large}} - -\providecommand{\abstractSizeDefault}{\small} -\opt{bigWide}{\renewcommand{\abstractSizeDefault}{\normalsize}} - -%% formatting section headers -\setkomafont{section}{\normalfont \Large \bfseries} -\setkomafont{subsection}{\normalfont \large} -\setkomafont{subsubsection}{\normalfont \itshape} - -% citations and bibliography -\RequirePackage[authoryear]{natbib} -\AtBeginDocument{\renewcommand{\refname}{\clearpage References} -\renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} % Restore footnote defn after titlepage redefines it -\ifdvi - \renewcommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht (which compiles using dvi) -\fi -} - -% captions of figures and tables -\setcapwidth[c]{\textwidth} -% \setcapindent*{0pt} -\setkomafont{captionlabel}{\centering \bfseries} -\setkomafont{caption}{\centering} -\renewcommand{\captionformat}{~ } - -\newcommand{\forcedate}[1]{\newcommand{\@forcedate}{#1}} - -% titlepage with title, author(s), and date - -\renewcommand{\maketitle}{ -\ifthenelse{ \isundefined\@forcedate }{ - \ClassWarningNoLine{handout}{{\protect\forcedate} is undefined in the .tex file; please define it and rerun}}{} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize \@date \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -\newcommand{\maketitleWithForcedDate}[1]{ -\ClassWarningNoLine{handout}{\protect\maketitleWithForcedDate{} is deprecated. To set a date different from the current one, just use the \protect\date{(string desired to signify paper date)}} - - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \let\footnotesize\scriptsize - \thispagestyle{empty} - \vspace*{0mm} - \enlargethispage{0.4in} - }{} - \begin{center} - \begin{LARGE} - \begin{spacing}{1.00} - \textbf{\@title} - \end{spacing} - \end{LARGE}\medskip\medskip\medskip - {\normalsize #1 \par} - {\tiny{~}\par} - \ifthenelse{\equal{\theIncludeTitlePage}{1}}{ - \vspace*{3mm} - {\large - \lineskip .75em% - \begin{tabular}[t]{c}% - \@author - \end{tabular}\par}% - }{} - \end{center} -} - - -% abstract, keywords, JEL classification -\newcommand{\keywords}[1]{\newcommand{\@keywords}{#1}} -\newcommand{\jelclass}[1]{\newcommand{\@jelclass}{#1}} -\newcommand{\aspublished}[1]{\newcommand{\@aspublished}{#1}} - -\renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{4mm} - \abstractSizeDefault - \noindent \textbf{Abstract}\\ - \indent -}{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{0mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{handout}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - -\begin{quote} -\begin{Description} -\item[\textbf{Keywords~}] \@keywords -\ifthenelse{ \isundefined\@jelclass }{ -\ClassWarningNoLine{handout}{No JEL classification specified. - Please use the command \protect\jelclass} -}{ -\item[\textbf{JEL codes~}] \@jelclass -} - -\end{Description} -\ifthenelse{ \isundefined\@aspublished }{ -}{ -{ - -\vspace{0.1in}\@aspublished} -}\end{quote} -} - -\setcounter{footnote}{0}% - -\medskip - -% avoid clubs and widows -\clubpenalty=1000 % penalty for breaking a page with only one sentence; set to 10000 to prohibit -\widowpenalty=10000 -% \displaywidowpenalty=10000 - -\hbadness 3000 % LaTeX default is 1000, which is too finicky - set to 10000 to get rid of complaints - -% increase stretchability of the spaces (avoid overfull hboxes) -\setlength{\emergencystretch}{3em} - - -\pagestyle{plain} -\thispagestyle{empty} - -\newcommand{\titlepagefinish}{\newpage -\renewcommand\@makefnmark - {\mbox{\textsuperscript{\tiny\@thefnmark}}} -} - - -\RequirePackage[multiple]{footmisc} -\RequirePackage{manyfoot} -%\RequirePackage{perpage} \DefineFNsymbols{blank}[text]{{} {} {} {} {}} \setfnsymbol{blank} \DeclareNewFootnote{B}[fnsymbol] \MakePerPage{footnoteB} \renewcommand{\thanks}{\footnoteB} \newcommand{\thanksFooter}{\footnoteB} - -% 20170126: perpage package conflicts with something else so is removed in handoutMake.sh - -\hfuzz2pt % Don't bother to report over-full boxes if over-edge is < 2pt - -%%%%%%%%%% Added by Amy Hendrickson, TeXnology Inc. -%% Amy change, Feb 28, 2011 ==>> - -%%% Generalization of the author and authorinfo commands, based on -%%% the original code. - -%% Sample use: -%% \author{Christopher D. Carroll\authNum \\ -%% \and -%% Jiri Slacalek\authNum \\ -%% \and -%% Martin Sommer\authNum \\ -%% \and -%% Another Name\authNum -%% \and -%% Still Another Name\authNum -%% } - -\newcounter{authornum} % Use either \num or (preferred) \authNum to denote authors -\def\num{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} -\def\authNum{\global\advance\c@authornum by 1\textsuperscript{\tiny \the\c@authornum}} - -%% \begin{authorsinfo}...\end{authorsinfo} - -%% Now used: -%% \begin{authorsinfo} -%% \name{First author: info} -%% \\ -%% \name{Second author: info} -%% \\ -%% \name{Third author: info} -%% (and so on for as many authors -%% as you have) -%% \end{authorsinfo} -%% (note: the \\ doesn't do anything, but makes it easier to -%% see the separate author names.) - -\newcounter{bottomauthor} -\def\authorsinfo{\global\c@bottomauthor=0\setbox0=\vbox\bgroup\footnotesize -\let\\ \relax -} - -\def\endauthorsinfo{\egroup -\footnoteB{\unvbox0} -} - -\def\name#1{\global\advance\c@bottomauthor by 1\textsuperscript{\tiny \the\c@bottomauthor}{#1}{~~~~}} - -\makeatletter -\DeclareOldFontCommand{\rm}{\normalfont\rmfamily}{\mathrm} -\DeclareOldFontCommand{\sf}{\normalfont\sffamily}{\mathsf} -\DeclareOldFontCommand{\tt}{\normalfont\ttfamily}{\mathtt} -\DeclareOldFontCommand{\bf}{\normalfont\bfseries}{\mathbf} -\DeclareOldFontCommand{\it}{\normalfont\itshape}{\mathit} -\DeclareOldFontCommand{\sl}{\normalfont\slshape}{\@nomath\sl} -\DeclareOldFontCommand{\sc}{\normalfont\scshape}{\@nomath\sc} -\makeatother diff --git a/docs/texmf-local/tex/latex/texmf-local/tex/latex/handoutSetup.sty b/docs/texmf-local/tex/latex/texmf-local/tex/latex/handoutSetup.sty deleted file mode 100644 index 08a392154..000000000 --- a/docs/texmf-local/tex/latex/texmf-local/tex/latex/handoutSetup.sty +++ /dev/null @@ -1,244 +0,0 @@ -\RequirePackage{wasysym -,psibycus % Greek language package, including koppa -,ushort -%,lscape % Pages in landscape mode go inside \begin{landscape}\end{landscape} % CONFLICTS WITH EPSTOPDF -} - -\newenvironment{CDCPrivate} % Environment for extra material not wanted in the public document -{\marginpar{\tiny beginCDC}}{\marginpar{\tiny endCDC}} % CDCPrivate - -\provideboolean{Web} -\setboolean{Web}{false} % reset to true if running via dvi; search for \ifdvi below - -\provideboolean{bigPrint} -\setboolean{bigPrint}{true} -\setboolean{bigPrint}{false} - -\provideboolean{wideMargins} -\setboolean{wideMargins}{true} -\setboolean{wideMargins}{false} - -\provideboolean{BigAndWide} -\setboolean{BigAndWide}{true} -\setboolean{BigAndWide}{false} - -% Options to set if being run from the shell (so autocompiled) -\opt{FromShell}{ -\setboolean{bigPrint}{false} -\setboolean{wideMargins}{false} -\setboolean{BigAndWide}{false} -} - -\opt{bigWide}{ -\setboolean{bigPrint}{true} -\setboolean{wideMargins}{true} -\setboolean{BigAndWide}{true} -\providecommand{\textSizeDefault}{\large} -\providecommand{\abstractSizeDefault}{\large} -} - -\opt{Aquamacs}{ -%\setboolean{bigPrint}{true} -%\setboolean{wideMargins}{true} -%\setboolean{BigAndWide}{true} -%\providecommand{\textSizeDefault}{\large} -%\providecommand{\abstractSizeDefault}{\large} -} - -\provideboolean{KoppaOn} -\setboolean{KoppaOn}{true} -%\setboolean{KoppaOn}{false} - -\ifthenelse{\boolean{KoppaOn}}{ -\providecommand{\koppa}{\text{\greek{k+}}} -\providecommand{\Koppa}{\text{\greek{K+}}} -\providecommand{\sampi}{\text{\greek{s+}}} -\providecommand{\cigma}{\text{\greek{c+}}} -\providecommand{\Cigma}{\text{\greek{C+}}} -}{ -\def\koppa{\mathbf{q}}\providecommand{\koppa}{$\mathbf{q}$}\providecommand{\Koppa}{$\mathbf{Q}$} -} - -% Keep the elements in the argument #1 together on the same page -\newcommand{\together}[1]{\noindent\parbox{\linewidth}{#1}} - -% html version of document must be constructed by running pdflatex in -% dvi output mode; code below creates an ifdvi construct that detects -% whether running in dvi mode and sets the options necessary to generate -% html version of document using tex4ht - -%\makeatletter -%\newif\ifdvi\dvitrue -%\@ifundefined{pdfoutput}{}{\ifnum\pdfoutput>0 \dvifalse\fi} -%\makeatother - -% dvi compilation only occurs if making the html version -\ifdvi - \setboolean{Web}{true} - \RequirePackage{tex4ht} - \RequirePackage{graphicx} - \RequirePackage[tex4ht]{hyperref} - \provideboolean{bigPrint}\setboolean{bigPrint}{true} % HTM output looks better in a larger font size - \providecommand{\wideMargins}{\null{}} % Wide margins doesn't mean anything for html documents - \newcommand{\CDCFig}[1]{\centerline{\includegraphics{#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics{#1}}} - \DeclareGraphicsExtensions{.png} - \providecommand{\textSizeDefault}{\large} - \providecommand{\titlepagefinish}{\newpage\textSizeDefault} - \providecommand{\abstractSizeDefault}{\large} - \providecommand{\ushort}{\underline} % ushort seems to not work properly for tex4ht - \let\footnoterule\relax - \makeatletter - \renewenvironment{abstract}{% - \begin{spacing}{0.9} - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html - \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{5mm} - \noindent \textbf{Abstract}\\ - \indent \abstractSizeDefault - }{% - \noindent {\tiny \phantom{.}} \\ % Trick to get proper spacing in html -% \noindent \hrule height 0.4pt depth 0.0pt width \textwidth \relax - \vspace*{3mm} - \ifthenelse{ \isundefined\@keywords }{ - \ClassWarningNoLine{handout}{No keywords specified. - Please use the command \protect\keywords} - }{ - } - \end{spacing} - \begin{quote} - \begin{Description} - \item[\textbf{~~~~~~~~~~~~Keywords~}] \@keywords - \ifthenelse{ \isundefined\@jelclass }{ - \ClassWarningNoLine{handout}{No JEL classification specified. - Please use the command \protect\jelclass} - }{ - \item[\textbf{~~~~~~~~~~~~JEL codes~}] \@jelclass - \end{Description} - } - \end{quote} - \makeatother - } -\else - \RequirePackage[pdftex]{graphicx} - \RequirePackage[plainpages=false]{hyperref} - \hypersetup{ - pdffitwindow = false, % Don't rescale to fit size of window - pdfpagemode=UseThumbs, - pdfstartview=FitH, - pdfnewwindow = true, % Links open in new window - pdfproducer = {pdfLaTeX with hyperref} - } - \providecommand{\wideMargins}{\usepackage[twoside,marginparwidth=0in,left=0.5in,right=0.5in,top=0.5in,bottom=0.5in]{geometry}\usepackage{layouts}} - \ifthenelse{\boolean{wideMargins}}{\wideMargins}{} - \newcommand{\CDCFig}[1]{\centerline{\includegraphics[width=0.75\textwidth]{../Figures/#1}}} - \newcommand{\CDCFigSideways}[1]{\centerline{\includegraphics[width=7.8in,height=5.5in]{../Figures/#1}}} - \DeclareGraphicsExtensions{.pdf} - \ifthenelse{\boolean{bigPrint}}{\renewcommand{\titlepagefinish}{\newpage\large}}{} -\fi - -\newcolumntype{d}[1]{D{.}{.}{#1}} % Seems to need to come after hyperref - -\definecolor{darkblue}{rgb}{0.055,0.094,0.7} -\definecolor{darkred}{rgb}{0.6,0,0} -\hypersetup{colorlinks=true, % put a box around links - linkbordercolor = {1 0 0}, % the box will be red - pdfborder = {1 0 0}, % -% bookmarks=true, % PDF will contain an index on the RHS - urlcolor=darkred, - citecolor=darkblue, - linkcolor=darkred -} - -%% Define the title table as different from the regular table - -%\let\tabularTitle\tabular -%\let\endtabularTitle\endtabular - -%\newenvironment{tabularTitle}{\tabularTitle}{\endtabularTitle} -\newenvironment{tabularTitle}{\tabular}{\endtabular} -\providecommand{\handoutHeader}{{\tiny \noindent $^\copyright$\today, \href{https://www.econ2.jhu.edu/people/ccarroll/}{Christopher D. Carroll} \hfill \href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes}{\jobname}}\medskip\medskip -\ifthenelse{\boolean{bigPrint}}{\large}{} -\ifthenelse{\boolean{BigAndWide}}{\large}{} -\opt{Web}{\large} -\opt{bigWide}{\large} -} - -\providecommand{\SolvingMicroDSOPs}{\href{https://www.econ2.jhu.edu/people/ccarroll/SolvingMicroDSOPs/}{SolvingMicroDSOPs}} - -\newcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Consumption/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutF}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\newcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1.pdf}{\texttt{#1}}} -\newcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList.pdf}{\texttt{MathFacts}}} -\newcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/#1.pdf}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{#1}}} -\newcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation.pdf}{\texttt{Aggregation}}} - - -% If doing a web version, renewcommands link to the html versions of handouts -\ifdvi -\renewcommand{\handoutC}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/consumption/#1}{\texttt{#1}}} -\renewcommand{\handoutA}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/AssetPricing/#1}{\texttt{#1}}} -\renewcommand{\handoutI}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Investment/#1}{\texttt{#1}}} -\renewcommand{\handoutG}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/Growth/#1}{\texttt{#1}}} -\renewcommand{\handoutD}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/DSGEModels/#1}{\texttt{#1}}} -\renewcommand{\handoutM}[1]{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFactsList/#1}{\texttt{#1}}} -\fi -\renewcommand{\MathFactsList}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/MathFactsList/}{\texttt{MathFacts}}} -\renewcommand{\Aggregation}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/lecturenotes/MathFacts/Aggregation/}{\texttt{Aggregation}}} - -\providecommand{\handoutNameMake}{\centerline{\LARGE \input \jobname.title}\vspace{.15in}} -\providecommand{\CRRALim}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#CRRALim}{\ensuremath{\mathtt{[CRRALim]}}}} -\providecommand{\ELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNorm}{\ensuremath{\mathtt{[ELogNorm]}}}} -\providecommand{\ELogNormMeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormMeanOne}{\ensuremath{\mathtt{[ELogNormMeanOne]}}}} -\providecommand{\ELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ELogNormTimes}{\ensuremath{\mathtt{[ELogNormTimes]}}}} -\providecommand{\EulersTheorem}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#EulersTheorem}{\ensuremath{\mathtt{[EulersTheorem]}}}} -\providecommand{\ExpEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpEps}{\ensuremath{\mathtt{[ExpEps]}}}} -\providecommand{\ExpPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#ExpPlus}{\ensuremath{\mathtt{[ExpPlus]}}}} -\providecommand{\FinSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#FinSum}{\ensuremath{\mathtt{[FinSum]}}}} -\providecommand{\InfSum}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#InfSum}{\ensuremath{\mathtt{[InfSum]}}}} -\providecommand{\LogELogNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNorm}{\ensuremath{\mathtt{[LogELogNorm]}}}} -\providecommand{\LogELogNormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogELogNormTimes}{\ensuremath{\mathtt{[LogELogNormTimes]}}}} -\providecommand{\LogEps}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogEps}{\ensuremath{\mathtt{[LogEps]}}}} -\providecommand{\LogMeanMPS}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#LogMeanMPS}{\ensuremath{\mathtt{[LogMeanMPS]}}}} -\providecommand{\MeanOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MeanOne}{\ensuremath{\mathtt{[MeanOne]}}}} -\providecommand{\MultPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#MultPlus}{\ensuremath{\mathtt{[MultPlus]}}}} -\providecommand{\NormTimes}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#NormTimes}{\ensuremath{\mathtt{[NormTimes]}}}} -\providecommand{\OverPlus}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#OverPlus}{\ensuremath{\mathtt{[OverPlus]}}}} -\providecommand{\SmallSmallZero}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SmallSmallZero}{\ensuremath{\mathtt{[SmallSmallZero]}}}} -\providecommand{\SumNormsIsNorm}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#SumNormsIsNorm}{\ensuremath{\mathtt{[SumNormsIsNorm]}}}} -\providecommand{\TaylorOne}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorOne}{\ensuremath{\mathtt{[TaylorOne]}}}} -\providecommand{\TaylorTwo}{\href{https://www.econ2.jhu.edu/people/ccarroll/public/LectureNotes/MathFacts/MathFactsList\#TaylorTwo}{\ensuremath{\mathtt{[TaylorTwo]}}}} -\RequirePackage{ifthen} - -\provideboolean{AnswersTF}\setboolean{AnswersTF}{false} % Default is no answers; run with \UseOption{Answers} from shell to generate answers - - -\provideboolean{ExamQ} -\setboolean{ExamQ}{false} -\newcommand{\ifExamQuestion}{\ifthenelse{\boolean{ExamQ}}} - -\provideboolean{SpaceBetweenAnswers} -\setboolean{SpaceBetweenAnswers}{true} -\providecommand{\AnswerOrBlankSpace}{\ifthenelse{\boolean{SpaceBetweenAnswers}}} - -\opt{Answers}{\provideboolean{AnswersTF}\setboolean{AnswersTF}{true}} - -\newcommand{\ifAnswers}{\ifthenelse{\boolean{AnswersTF}}} -\newcommand{\answer}[2]{\ifthenelse{\boolean{AnswersTF}}{ - -{\it Answer:} -\begin{quote} -#1 -\end{quote} -} -{#2}} - - - - - -\expandafter\let\csname NR:Type\endcsname\relax diff --git a/docs/texmf-local/tex/latex/texmf-local/tex/latex/handoutShortcuts.sty b/docs/texmf-local/tex/latex/texmf-local/tex/latex/handoutShortcuts.sty deleted file mode 100644 index 93e774b79..000000000 --- a/docs/texmf-local/tex/latex/texmf-local/tex/latex/handoutShortcuts.sty +++ /dev/null @@ -1,639 +0,0 @@ -% Generated originally from CDCShortcuts.sty -\providecommand{\aAgg}{\ensuremath{\mathsf{A}}} -\providecommand{\aboveMin}{\blacktriangle} -\providecommand{\adjPar}{\ensuremath{\omega}} -\providecommand{\adj}{\ensuremath{\mathrm{j}}} -\providecommand{\aE}{\aRat^{e}} -\providecommand{\aFunc}{\ensuremath{\mathrm{a}}} -\providecommand{\Age}{\ensuremath{Z}} -\providecommand{\age}{\ensuremath{z}} -\providecommand{\ALevBF}{\ensuremath{\mathbf{A}}} -\providecommand{\aLevBF}{\ensuremath{\mathbf{a}}} -\providecommand{\ALev}{\ensuremath{A}} -\providecommand{\aLev}{\ensuremath{a}} -\providecommand{\Alive}{\ensuremath{\aleph}} -\providecommand{\Alt}{\grave} -\providecommand{\aMin}{\ensuremath{\underline{\aRat}}} -\providecommand{\ARat}{\ensuremath{A}} -\providecommand{\aRat}{\ensuremath{a}} -\providecommand{\ASS}{\ensuremath{\ensuremath{A}}} -\providecommand{\aSS}{\ensuremath{\ensuremath{a}}} -\providecommand{\ATarg}{\ensuremath{\check{A}}} -\providecommand{\aTarg}{\ensuremath{\check{a}}} -\providecommand{\BE}{\BRat^{e}} -\providecommand{\bE}{\bRat^{e}} -\providecommand{\BLevBF}{\ensuremath{\mathbf{B}}} -\providecommand{\bLevBF}{\ensuremath{\mathbf{b}}} -\providecommand{\BLevE}{\ensuremath{\BLev^{e}}} -\providecommand{\bLevE}{\ensuremath{\bLev^{e}}} -\providecommand{\BLevU}{\ensuremath{\BLev^{u}}} -\providecommand{\bLevU}{\ensuremath{\bLev^{u}}} -\providecommand{\BLev}{\ensuremath{B}} -\providecommand{\bLev}{\ensuremath{b}} -\providecommand{\bMin}{\ensuremath{\underline{\bRat}}} -\providecommand{\bRatE}{\ensuremath{b}^{e}} -\providecommand{\BRatE}{\ensuremath{B}^{e}} -\providecommand{\bRatU}{\ensuremath{b}^{u}} -\providecommand{\BRat}{\ensuremath{B}} -\providecommand{\bRat}{\ensuremath{b}} -\providecommand{\bTargE}{\ensuremath{\check{b}^{e}}} -\providecommand{\BTargTarg}{\Target{\Target{\BRat}}} -\providecommand{\bTargTarg}{\Target{\Target{\bRat}}} -\providecommand{\BTarg}{\ensuremath{\check{B}}} -\providecommand{\bTarg}{\ensuremath{\check{b}}} -\providecommand{\BU}{{B}^{u}} -\providecommand{\bU}{{b}^{u}} -\providecommand{\cAgg}{\ensuremath{\pmb{C}}} -\providecommand{\CARA}{\ensuremath{\alpha}} -\providecommand{\ccRat}{\ensuremath{\mathsf{c}}} -\providecommand{\CDF}{\ensuremath{\mathcal{F}}} -\providecommand{\CEndFunc}{\ensuremath{\mathfrak{C}}} -\providecommand{\cEndFunc}{\ensuremath{\mathfrak{c}}} -\providecommand{\cEss}{{c}^{e}} -\providecommand{\CE}{\CRat^{e}} -\providecommand{\cE}{\cRat^{e}} -\providecommand{\cFuncAbove}{\ensuremath{\bar{\mathrm{c}}}} -\providecommand{\cFuncBelow}{\ensuremath{\uline{\mathrm{c}}}} -\providecommand{\cFuncMax}{\ensuremath{\bar{\bar{\mathrm{c}}}}} -\providecommand{\CFunc}{\ensuremath{\mathrm{C}}} -\providecommand{\cFunc}{\ensuremath{\mathrm{c}}} -\providecommand{\cFunc}{\ensuremath{\mathrm{c}}} -\providecommand{\CGroOverG}{\ensuremath{\Upsilon}} -\providecommand{\CGroOverR}{\ensuremath{\Phi}} -\providecommand{\CGroPF}{\ensuremath{\Lambda}} -\providecommand{\cGroPF}{\ensuremath{\lambda}} -\providecommand{\CGroPS}{\ensuremath{\chi}} % Precautionary Saving boost to consumption growth -\providecommand{\chiFunc}{\pmb{\chi}} -\providecommand{\Chi}{\ensuremath{\mathrm{X}}} % capital chi is sometimes useful, and not native to LaTeX -\providecommand{\CLevBF}{\ensuremath{\mathbf{C}}} -\providecommand{\cLevBF}{\ensuremath{\mathbf{c}}} -\providecommand{\CLevE}{\CLev^{e}} -\providecommand{\cLevE}{\cLev^{e}} -\providecommand{\cLevFunc}{\ensuremath{\pmb{\cFunc}}} -\providecommand{\CLevU}{\CLev^{u}} -\providecommand{\cLevU}{\cLev^{u}} -\providecommand{\cLev}{\ensuremath{c}} -\providecommand{\CLev}{\ensuremath{C}} -\providecommand{\Cons}{\ensuremath{C}} -\providecommand{\cons}{\ensuremath{c}} -\providecommand{\corr}{\varrho} -\providecommand{\cPDVFunc}{\ensuremath{\mathbb{C}}} -\providecommand{\CPDV}{\ensuremath{\text{PDV($C$)}}} -\providecommand{\cPPP}{\cons^{\prime\prime\prime}} -\providecommand{\cPP}{\cons^{\prime\prime}} -\providecommand{\cP}{\cons^{\prime}} -\providecommand{\cRatBF}{\ensuremath{\pmb{c}}} -\providecommand{\CRatE}{\CRat^{e}} -\providecommand{\cRatE}{\cRat^{e}} -\providecommand{\CRatU}{\CRat^{u}} -\providecommand{\cRatU}{\cRat^{u}} -\providecommand{\CRat}{\ensuremath{C}} -\providecommand{\cRat}{\ensuremath{c}} -\providecommand{\CRRA}{\ensuremath{\rho}} -\providecommand{\CTargE}{\CTarg^{\null}} -\providecommand{\cTargE}{\ensuremath{\Target{c}^{e}}} -\providecommand{\cTargTarg}{\Target{\Target{\cRat}}} -\providecommand{\CTarg}{\ensuremath{\Target{C}}} -\providecommand{\cTarg}{\ensuremath{\Target{c}}} -\providecommand{\curr}{1} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\Curr}{t} % Permits a change of notation to T-1 and T, t and t+1, or whatever -\providecommand{\CU}{\CRat^{u}} -\providecommand{\cU}{\cRat^{u}} -\providecommand{\dRat}{\ensuremath{d}} -\providecommand{\debtLim}{\mathsf{d}} -\providecommand{\Debt}{\ensuremath{D}} -\providecommand{\debt}{\ensuremath{d}} -\providecommand{\DeprFac}{\ensuremath{\daleth}} -\providecommand{\Depr}{\ensuremath{\daleth}} -\providecommand{\depr}{\ensuremath{\delta}} -\providecommand{\deprRte}{\ensuremath{\delta}} % New -\providecommand{\DiscAltuAdj}{\ensuremath{\underline{\underline{\beth}}}} -\providecommand{\DiscAlt}{\ensuremath{\beth}} -\providecommand{\Discount}{\ensuremath{\beta}} -\providecommand{\DiscRate}{\ensuremath{\vartheta}} -\providecommand{\DiscRte}{\ensuremath{\vartheta}} % New -\providecommand{\discRte}{\ensuremath{\vartheta}} % New -\providecommand{\DiscFac}{\ensuremath{\beta}} % New -\providecommand{\DivGro}{\ensuremath{\mathrm{G}}} -\providecommand{\divGro}{\ensuremath{\mathsf{g}}} -\providecommand{\Div}{\ensuremath{D}} -% \providecommand{\div}{\ensuremath{d}} reserved for divide -\providecommand{\DLev}{\ensuremath{D}} -\providecommand{\Dvdnd}{\ensuremath{\mathbf{D}}} -\providecommand{\dvdnd}{\ensuremath{d}} -\providecommand{\edvdnd}{\grave{\dvdnd}} -\providecommand{\EEndMap}{\ensuremath{\mathsf{E}}} -\providecommand{\effUnits}{\ensuremath{X}} -\providecommand{\eFunc}{\ensuremath{\mathrm{e}}} -\providecommand{\ELev}{\ensuremath{E}} -\providecommand{\ek}{\ensuremath{\lambda}} -\providecommand{\EmpGro}{\ensuremath{\Xi}} -\providecommand{\empGro}{\ensuremath{\xi}} -\providecommand{\empState}{\xi} % employment state indicator variable -\providecommand{\EpremLog}{\varphi} % Not using regular \eprem because want to distinguish between \varphi = log E_{t}[\Phi_{t+1}] and \phi_{t} = E[\log \Phi_{t}] -\providecommand{\EPrem}{\Phi} % equity premium -\providecommand{\eprem}{\phi} % log equity premium -\providecommand{\EpShkInv}{\Ex[\pShk^{-1}]} -\providecommand{\erate}{\ensuremath{\cancel{\mho}}} -\providecommand{\error}{\ensuremath{\epsilon}} -\providecommand{\Err}{\ensuremath{Z}} -\providecommand{\err}{\ensuremath{z}} -\providecommand{\err}{\ensuremath{z}} -\providecommand{\Estdr}{\ensuremath{\sigma_{\risky}}} % Standard deviation of log return on risky asset -\providecommand{\Evarr}{\ensuremath{\sigma_{\risky}^{2}}} % Variance of log return on risky asset -\providecommand{\EVarr}{\sigma_{\Risky}^{2}} % Variance of level return on risky asset (when returns norm dist) -\providecommand{\expend}{\ensuremath{\xi}} -%\providecommand{\Ex}{\ensuremath{\mathbb{E}}} % Expectations operator defined in econtex.cls -\providecommand{\FDist}{\ensuremath{\mathcal{F}}} -\providecommand{\fDist}{\ensuremath{\mathcal{f}}} -\providecommand{\FFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\fFunc}{\ensuremath{\mathrm{f}}} -\providecommand{\FLev}{\ensuremath{F}} -\providecommand{\fLev}{\ensuremath{f}} -\providecommand{\fPP}{\ensuremath{\mathrm{f}^{\prime\prime}}} -\providecommand{\FPP}{\ensuremath{\mathrm{F}^{\prime\prime}}} -\providecommand{\fP}{\ensuremath{\mathrm{f}^{\prime}}} -\providecommand{\FP}{\ensuremath{\mathrm{F}^{\prime}}} -\providecommand{\GLev}{\ensuremath{G}} -\providecommand{\GovNW}{\ensuremath{N}} -\providecommand{\govNW}{\ensuremath{n}} -\providecommand{\GovSpend}{\ensuremath{X}} -\providecommand{\govSpend}{\ensuremath{x}} -\providecommand{\Habit}{\ensuremath{H}} -\providecommand{\Habit}{\ensuremath{H}} -\providecommand{\habit}{\ensuremath{h}} -\providecommand{\Ham}{\ensuremath{\mathcal{H}}} % Hamiltonian -\providecommand{\HARKcore}{\texttt{HARKcore}} -\providecommand{\hEndMin}{\ensuremath{\underline{\mathfrak{h}}}} -\providecommand{\hEnd}{\ensuremath{\mathfrak{h}}} -\providecommand{\hFunc}{\ensuremath{\mathrm{h}}} -\providecommand{\Hi}{\hat} -\providecommand{\HLevBF}{\ensuremath{\mathbf{H}}} -\providecommand{\hLevBF}{\ensuremath{\mathbf{h}}} -\providecommand{\HLev}{\ensuremath{\pmb{H}}} -\providecommand{\hLev}{\ensuremath{\pmb{h}}} -\providecommand{\hMin}{\ensuremath{\underline{\h}}} -\providecommand{\HMin}{\ensuremath{\underline{H}}} -\providecommand{\hours}{\ensuremath{\mathfrak{h}}} -\providecommand{\Hours}{\ensuremath{\mathfrak{H}}} -\providecommand{\HRat}{\ensuremath{H}} -\providecommand{\hRat}{\ensuremath{h}} -\providecommand{\h}{\ensuremath{h}} -%\providecommand{\H}{\ensuremath{H}} -\providecommand{\iFunc}{\ensuremath{\mathrm{i}}} -\providecommand{\IFunc}{\ensuremath{\mathrm{I}}} -\providecommand{\ILev}{\ensuremath{I}} -\providecommand{\iLev}{\ensuremath{i}} -\providecommand{\impg}{{\imath}_{\pGro}} -\providecommand{\ImpG}{{\Im}_{\PGro}} -\providecommand{\impr}{{\imath}_{\rfree}} -\providecommand{\ImpR}{{\Im}_{\Rfree}} -\providecommand{\Inc}{{Y}} -\providecommand{\inc}{{y}} -\providecommand{\InvEpShkInv}{\underline{\psi}} -\providecommand{\Inv}{{I}} -\providecommand{\inv}{{i}} -\providecommand{\IRat}{\ensuremath{I}} -\providecommand{\iRat}{\ensuremath{i}} -\providecommand{\itc}{\ensuremath{\zeta}} -\providecommand{\jFunc}{\ensuremath{\mathrm{j}}} -\providecommand{\JLev}{\ensuremath{J}} -\providecommand{\kapRent}{\ensuremath{\varkappa}} -\providecommand{\kapShare}{\ensuremath{\alpha}} -\providecommand{\Kap}{{K}} -\providecommand{\kap}{{k}} -\providecommand{\KFunc}{\ensuremath{\mathrm{K}}} -\providecommand{\kFunc}{\ensuremath{\mathrm{k}}} -\providecommand{\KLevBF}{\ensuremath{\mathbf{K}}} -\providecommand{\kLevBF}{\ensuremath{\mathbf{k}}} -\providecommand{\KLev}{\ensuremath{K}} -\providecommand{\kLev}{\ensuremath{k}} -\providecommand{\kPriceAfterITC}{\ensuremath{\mathscr{P}}} -\providecommand{\kPrice}{\ensuremath{\mathsf{P}}} -\providecommand{\KRat}{\ensuremath{K}} -\providecommand{\kRat}{\ensuremath{k}} -\providecommand{\kTargE}{\ensuremath{\Target{k}^{e}}} -\providecommand{\kTarg}{\ensuremath{\Target{k}}} -\providecommand{\labor}{\ensuremath{\ell}} % -\providecommand{\Labor}{\ensuremath{L}} -\providecommand{\labShare}{\ensuremath{\nu}} -\providecommand{\Leisure}{Z} % -\providecommand{\leisure}{z} % -\providecommand{\leiShare}{\ensuremath{\zeta}} % -\providecommand{\LGro}{\ensuremath{\Lambda}} -\providecommand{\lGro}{\ensuremath{\lambda}} -\providecommand{\LLevBF}{\ensuremath{\mathbf{L}}} -\providecommand{\lLevBF}{\ensuremath{\pmb{\ell}}} -\providecommand{\lLev}{\ensuremath{\ell}} -\providecommand{\LLev}{\ensuremath{L}} -\providecommand{\Lo}{\check} -\providecommand{\LRat}{\ensuremath{L}} -\providecommand{\MaxMaxMPC}{\ensuremath{\bar{\bar{\kappa}}}} -\providecommand{\MaxMinMPC}{\ensuremath{\hat{\underline{\kappa}}}} -\providecommand{\MaxMPC}{\ensuremath{\bar{\kappa}}} -\providecommand{\MaxMPS}{\ensuremath{\PatR}} -\providecommand{\Mean}{\ensuremath{\mathbb{M}}} % Mean -\providecommand{\mEss}{\check{m}^{e}} -\providecommand{\ME}{\MRat^{e}} -\providecommand{\mE}{\mRat^{e}} -\providecommand{\mFunc}{\ensuremath{\mathrm{m}}} -\providecommand{\MinMinMPC}{\ensuremath{\underline{\kappa}}} -\providecommand{\MinMPC}{\ensuremath{\uline{\kappa}}} -\providecommand{\MinMPS}{\ensuremath{\pZero^{1/\CRRA} \PatR}} -\providecommand{\MLevBF}{\ensuremath{\mathbf{M}}} -\providecommand{\mLevBF}{\ensuremath{\mathbf{m}}} -\providecommand{\mLevBF}{\ensuremath{\mathbf{m}}} -\providecommand{\mLevE}{\mLev^{e}} -\providecommand{\MLev}{\ensuremath{M}} -\providecommand{\mLev}{\ensuremath{m}} -\providecommand{\MPCE}{\MPC^{e}} -\providecommand{\MPCFunc}{\ensuremath{\pmb{\kappa}}} -\providecommand{\MPCPPF}{\ensuremath{\Pi}} -\providecommand{\MPCP}{\ensuremath{\pi}} -\providecommand{\MPCU}{\MPC^{u}} -\providecommand{\MPC}{\ensuremath{\kappa}} -\providecommand{\MPSFunc}{\ensuremath{\pmb{lambda}}} -\providecommand{\MPS}{\ensuremath{\lambda}} -\providecommand{\MRatE}{\MRat^{e}} -\providecommand{\mRatE}{\mRat^{e}} -\providecommand{\MRat}{\ensuremath{M}} -\providecommand{\mRat}{\ensuremath{m}} -\providecommand{\MSS}{\ensuremath{\breve{M}}} -\providecommand{\mSS}{\ensuremath{\breve{m}}} -\providecommand{\mTarg}{\check{m}} -\providecommand{\MU}{{M}^{u}} -\providecommand{\mU}{{m}^{u}} -%\providecommand{\m}{\ensuremath{m}} -%\providecommand{\M}{\ensuremath{M}} -%\providecommand{\next}{2} % via search-and-replace -\providecommand{\Next}{t+1} % -\providecommand{\nFunc}{\ensuremath{\mathrm{n}}} -\providecommand{\NLev}{\ensuremath{N}} -\providecommand{\nLev}{\ensuremath{n}} -\providecommand{\NRat}{\ensuremath{N}} -\providecommand{\nRat}{\ensuremath{n}} -\providecommand{\Num}{\ensuremath{N}} -\providecommand{\nIter}{\ensuremath{n}} -\providecommand{\OLevBF}{\ensuremath{\mathbf{O}}} -\providecommand{\oLevBF}{\ensuremath{\mathbf{o}}} -\providecommand{\OLev}{\ensuremath{O}} -\providecommand{\oLev}{\ensuremath{\pmb{o}}} -\providecommand{\ORat}{\ensuremath{O}} -\providecommand{\oRat}{\ensuremath{o}} -\providecommand{\Pareto}{\zeta} -\providecommand{\PatPGroAdj}{\text{\pmb{\Thorn}}_{\underline{\PGro}}} -\providecommand{\patpGroAdj}{\text{\thorn}_{\underline{\pGro}}} -\providecommand{\patpGrohat}{\hat{\text{\thorn}}_{\pGro}} -\providecommand{\PatPGro}{\text{\pmb{\Thorn}}_{\PGro}} -\providecommand{\patpGro}{\text{\thorn}_{\pGro}} -\providecommand{\PatR}{\text{\pmb{\Thorn}}_{\Rfree}} -\providecommand{\patr}{\text{\thorn}_{\rfree}} -\providecommand{\PatU}{\text{\pmb{\Thorn}}_{\urate}} -\providecommand{\patu}{\text{\thorn}_{\urate}} -\providecommand{\PatWGro}{\text{\pmb{\Thorn}}_{\WGro}} -\providecommand{\patwGro}{\text{\thorn}_{\wGro}} -\providecommand{\Pat}{\text{\pmb{\Thorn}}} -\providecommand{\pat}{\text{\thorn}} -\providecommand{\pDeadRate}{\ensuremath{\grave{\cancel{\mathsf{d}}}}} -\providecommand{\pDead}{\ensuremath{\mathfrak{D}}} -\providecommand{\pDieRate}{\ensuremath{\grave{\mathsf{d}}}} -\providecommand{\pDies}{\ensuremath{\mathsf{d}}} % Continuous time death rate -\providecommand{\PDies}{\ensuremath{\mathsf{D}}} % Discrete-time one-period death rate -\providecommand{\diePrb}{\ensuremath{\mathsf{d}}} % Continuous time death rate -\providecommand{\DiePrb}{\ensuremath{\mathsf{D}}} % Discrete-time one-period death rate -\providecommand{\PDV}{\ensuremath{\mathbb{P}}} % PDV -\providecommand{\PGroAdj}{\ensuremath{\underline{\PGro}}} -\providecommand{\pGroAdj}{\ensuremath{\underline{\pGro}}} -\providecommand{\PGrouAdj}{\ensuremath{\underline{\underline{\PGro}}}} -\providecommand{\pGrouAdj}{\ensuremath{\underline{\underline{{\pGro}}}}} -\providecommand{\PGro}{\ensuremath{\Gamma}} -\providecommand{\pGro}{\ensuremath{\gamma}} -\providecommand{\permGroFac}{\ensuremath{\Gamma}} % Econ-ARK -\providecommand{\permGroRte}{\ensuremath{\gamma}} % Econ-ARK -\providecommand{\phiFunc}{\ensuremath{\digamma}} -\providecommand{\PIHMPC}{\ensuremath{\varkappa}} -\providecommand{\PInc}{\ensuremath{P}} -\providecommand{\PLabor}{\ensuremath{P}} % Permanent labor income in levels -\providecommand{\Plabor}{P} % Permanent labor income in levels -\providecommand{\PLevBF}{\ensuremath{\mathbf{P}}} -\providecommand{\pLevBF}{\ensuremath{\mathbf{p}}} -\providecommand{\PLev}{\ensuremath{P}} -\providecommand{\pLog}{\ensuremath{p}} -\providecommand{\pLev}{\ensuremath{\pmb{p}}} -\providecommand{\PLev}{\ensuremath{P}} -\providecommand{\LivPrb}{\ensuremath{\cancel{\DiePrb}}} -\providecommand{\livPrb}{\ensuremath{\cancel{\diePrb}}} -\providecommand{\PLives}{\ensuremath{\cancel{\PDies}}} -\providecommand{\pLives}{\ensuremath{\cancel{\pDies}}} -%\providecommand{\pNotZero}{\ensuremath{\cancel{\wp}}} -\providecommand{\pNotZero}{(1-\pZero)} -\providecommand{\PopE}{\mathcal{E}} -\providecommand{\popE}{e} -\providecommand{\PopGro}{\ensuremath{\Xi}} -\providecommand{\popGro}{\ensuremath{\xi}} -\providecommand{\PopLev}{\ensuremath{\pmb{N}}} -\providecommand{\PopU}{\mathcal{U}} -\providecommand{\Pop}{\ensuremath{L}} -\providecommand{\PostITC}{\ensuremath{\cancel{\zeta}}} -\providecommand{\power}{\ensuremath{\eta}} -\providecommand{\pPDVFunc}{\ensuremath{\mathbb{P}}} -\providecommand{\PPDV}{\ensuremath{\text{PDV($P$)}}} -\providecommand{\pRat}{\ensuremath{p}} -\providecommand{\Price}{\ensuremath{\mathsf{P}}} -\providecommand{\ProdFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\ProdFunc}{\ensuremath{\mathrm{F}}} -\providecommand{\prodFunc}{\ensuremath{\mathrm{f}}} -\providecommand{\prudEx}{\ensuremath{\omega}} -\providecommand{\prud}{\ensuremath{\eta}} -\providecommand{\pSav}{\ensuremath{\phi}} -\providecommand{\pShkMin}{\underline{\psi}} % -\providecommand{\PShk}{\Psi} % -\providecommand{\PermShkAgg}{\Psi} % New -\providecommand{\PermShk}{\Psi} % New -\providecommand{\permShk}{\psi} % New -\providecommand{\pShk}{\psi} % -\providecommand{\permShkInd}{\psi} % New -\providecommand{\pshk}{\psi} % -\providecommand{\PtyGro}{\ensuremath{\Phi}} -\providecommand{\ptyGro}{\ensuremath{\phi}} -\providecommand{\PtyLab}{\ensuremath{\mathrm{Z}}} % Labor productivity -\providecommand{\ptyLab}{\ensuremath{z}} % usually, log of \PtyLab -\providecommand{\PtyLev}{\ensuremath{A}} % Multiplies overall production function -\providecommand{\ptyLev}{\ensuremath{a}} % Usually, log of \PtyLev -\providecommand{\pZero}{\ensuremath{\wp}} -\providecommand{\QLev}{\ensuremath{Q}} -\providecommand{\q}{\ensuremath{\koppa}} -\providecommand{\RCpnd}{\ensuremath{\mathbf{R}}} -\providecommand{\RevFunc}{\ensuremath{\pmb{\Pi}}} -\providecommand{\revFunc}{\ensuremath{\pmb{\pi}}} -\providecommand{\Rev}{\ensuremath{\Pi}} -\providecommand{\rev}{\ensuremath{\pi}} -\providecommand{\rfree}{\ensuremath{\mathsf{r}}} % The net return on the safe asset at an annual rate -\providecommand{\Rfree}{\ensuremath{\mathsf{R}}} % The return factor on the safe asset - unfortunately mathfrak fonts don't come through for tth -\providecommand{\RFunc}{\ensuremath{\mathrm{R}}} -\providecommand{\RGross}{\ensuremath{\breve{\mathsf{R}}}} -\providecommand{\rGross}{\ensuremath{\breve{\mathsf{r}}}} -%\providecommand{\RiskyAlt}{\ensuremath{\acute{\mathbf{R}}}} % The return on the risky asset -\providecommand{\RiskyAlt}{\ensuremath{\pmb{\mathfrak{R}}}} % The return on the risky asset -% \providecommand{\riskyAlt}{\ensuremath{\acute{\mathbf{r}}}} % The net return on the risky asset annual rate -\providecommand{\riskyAlt}{\ensuremath{\pmb{\mathfrak{r}}}} % The net return on the risky asset annual rate -\providecommand{\riskyshare}{\ensuremath{\varsigma}} -\providecommand{\Risky}{\ensuremath{\mathbf{R}}} % The return on the risky asset -\providecommand{\risky}{\ensuremath{\mathbf{r}}} % The net return on the risky asset annual rate -\providecommand{\RLev}{\ensuremath{R}} % Rate of return (but better to use \Rfree or \Risky or something else more specific -\providecommand{\RnormWGro}{\ensuremath{\mathcal{R}_{\WGro}}} % Normalized version of riskless return factor -\providecommand{\rnormwGro}{\ensuremath{\mathit{r}_{\wGro}}} % Normalized version of riskless rate of return -\providecommand{\Rnorm}{\ensuremath{\mathcal{R}}} % Normalized version of riskless return factor -\providecommand{\rnorm}{\ensuremath{\mathit{r}}} % Normalized version of riskless rate of return -\providecommand{\Rport}{\ensuremath{\mathbbmss{R}}} % Portfolio -weighted return -\providecommand{\rport}{\ensuremath{\mathbbmss{r}}} -\providecommand{\Rprod}{\ensuremath{\mathscr{R}}} -\providecommand{\rprod}{\ensuremath{\mathscr{r}}} -\providecommand{\rProd}{\ensuremath{\mathsf{r}}} -\providecommand{\RProd}{\ensuremath{\mathsf{R}}} -\providecommand{\RSave}{\ensuremath{\underline{\Rfree}}} -\providecommand{\rsave}{\ensuremath{\underline{\rfree}}} -\providecommand{\RBoro}{\ensuremath{\bar{\Rfree}}} -\providecommand{\rboro}{\ensuremath{\bar{\rfree}}} -%\providecommand{\R}{\Rfree} -\providecommand{\saveRate}{\grave{s}} % saving (income minus consumption) over income -\providecommand{\Save}{S} % Saving (income minus consumption) -\providecommand{\save}{s} % saving (income minus consumption) -\providecommand{\SDF}{\MLev} % Stochastic Discount Factor -\providecommand{\sdr}{\mRat} % Stochastic Discount rate -\providecommand{\Seniority}{\ensuremath{\mathsf{X}}} -\providecommand{\seniority}{\ensuremath{\mathsf{x}}} -\providecommand{\SeverancePayment}{\ensuremath{\mathcal{S}}} -\providecommand{\SeveranceRatio}{\ensuremath{\varsigma}} -%\providecommand{\Severance}{\ensuremath{\varsigma}} -\providecommand{\Severance}{\kappa} -\providecommand{\SE}{\SRat^{e}} -\providecommand{\sE}{\sRat^{e}} -\providecommand{\sFunc}{\ensuremath{\mathrm{s}}} -\providecommand{\shk}{\phi} -\providecommand{\Shk}{\Phi} -\providecommand{\ShkLogZeroLogStd}{\sigma_{\cancel{\ShkMeanOneLog}}} % Std of that shock -\providecommand{\ShkLogZeroLogVar}{\sigma_{\cancel{\ShkMeanOneLog}}^{2}} % Variance of that shock -\providecommand{\ShkLogZeroLog}{\cancel{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkLogZero}{\cancel{\ShkMeanOne}} % A shock whose expectation in logs is zero; cancellation of the nonzero mean for the mean one shock -\providecommand{\ShkMeanOneLogStd}{\sigma_{\ShkMeanOneLog}} % Std of that shock -\providecommand{\ShkMeanOneLogVar}{\sigma^{2}_{\ShkMeanOneLog}} % Log of that shock -\providecommand{\ShkMeanOneLog}{\theta} % Log of that shock -\providecommand{\ShkMeanOne}{\Theta} % A shock whose expectation in levels is always equal to one regardless of variance -\providecommand{\SLevBF}{\mathbf{S}} -\providecommand{\sLevBF}{\mathbf{s}} -\providecommand{\SLevE}{\SLev^{e}} -\providecommand{\sLevE}{\sLev^{e}} -\providecommand{\SLevU}{\SLev^{u}} -\providecommand{\sLevU}{\sLev^{u}} -\providecommand{\SLev}{\ensuremath{S}} -\providecommand{\sLev}{\ensuremath{s}} -\providecommand{\srate}{\ensuremath{\varsigma}} -\providecommand{\SRatE}{\SRat^{e}} -\providecommand{\sRatE}{\sRat^{e}} -\providecommand{\SRatU}{\SRat^{u}} -\providecommand{\sRatU}{\sRat^{u}} -\providecommand{\SRat}{\ensuremath{S}} -\providecommand{\sRat}{\ensuremath{s}} -\providecommand{\STargE}{\Target{\SRat}^{\null}} -\providecommand{\sTargE}{\Target{\sRat}^{\null}} -\providecommand{\STargTarg}{\Target{\Target{\SRat}}} -\providecommand{\sTargTarg}{\Target{\Target{\sRat}}} -\providecommand{\STarg}{\Target{\SRat}} -\providecommand{\sTarg}{\Target{\sRat}} -\providecommand{\Steady}{\bar} -\providecommand{\Stocks}{{S}} -\providecommand{\stocks}{{s}} -\providecommand{\straight}{\Pi} -\providecommand{\Surplus}{\ensuremath{Z}} -\providecommand{\surplus}{\ensuremath{z}} -\providecommand{\SU}{\SRat^{u}} -\providecommand{\sU}{\sRat^{u}} -\providecommand{\Target}{\check} -\providecommand{\TaxCombInv}{\ensuremath{\mathcal{T}^{-1}}} -\providecommand{\TaxComb}{\ensuremath{\mathcal{T}}} -\providecommand{\TaxCorp}{\ensuremath{\Large \tau}} -\providecommand{\taxCorp}{\ensuremath{\tau}} -\providecommand{\taxDep}{\ensuremath{\partial}} -\providecommand{\TaxFree}{\ensuremath{\cancel{\Tax}}} -\providecommand{\TaxLev}{T} -\providecommand{\TaxNetTrans}{\ensuremath{Z}} -\providecommand{\taxNetTrans}{\ensuremath{z}} -\providecommand{\TaxPaid}{\ensuremath{T}} -\providecommand{\TaxRate}{\ensuremath{t}} -\providecommand{\TaxUI}{\ensuremath{\tau}} -\providecommand{\Tax}{\ensuremath{\tau}} -\providecommand{\tax}{\tau} -\providecommand{\tBak}{\ensuremath{\pmb{n}}} -\providecommand{\TEatBak}{\ensuremath{\mathtt{q}}} -\providecommand{\TEat}{\ensuremath{\TEnd}} -\providecommand{\TEndBak}{\ensuremath{\mathsf{p}}} -\providecommand{\TEnd}{\ensuremath{T}} -\providecommand{\TermTime}{\ensuremath{T}} -\providecommand{\tFwd}{\ensuremath{n}} -\providecommand{\tHorOfm}{\ensuremath{\pmb{n}}} -\providecommand{\tHor}{\ensuremath{\mathsf{n}}} -\providecommand{\timeRate}{\ensuremath{\vartheta}} -\providecommand{\tinyAmount}{\ensuremath{\epsilon}} -\providecommand{\TLev}{\ensuremath{T}} -\providecommand{\TMap}{\mathscr{T}} -\providecommand{\tNow}{\ensuremath{t}} -\providecommand{\tShkAll}{\xi} % -\providecommand{\tShkEmpMin}{\underline{\theta}} % -\providecommand{\TShkEmp}{\Theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tShkEmp}{\theta} % -\providecommand{\tranShkInd}{\theta} % New -\providecommand{\TranShkAgg}{\Theta} % New -\providecommand{\TShk}{\Xi} % -\providecommand{\tShk}{\xi} % -\providecommand{\tshk}{\xi} % -\providecommand{\tSS}{\ensuremath{t}} -\providecommand{\tThen}{\ensuremath{\tau}} -\providecommand{\uFunc}{{\ensuremath{\mathrm{u}}}} -\providecommand{\uInvEpShkuInv}{\underline{\underline{\psi}}} -\providecommand{\ULev}{\ensuremath{U}} -\providecommand{\uLev}{\ensuremath{u}} -\providecommand{\unins}{\ensuremath{\zeta}} -\providecommand{\uPDVFunc}{\ensuremath{\mathbb{U}}} -\providecommand{\uPmt}{\ensuremath{\mu}} -\providecommand{\uPPP}{{\ensuremath{\mathrm{u}^{\prime\prime\prime}}}} -\providecommand{\uPP}{{\ensuremath{\mathrm{u}^{\prime\prime}}}} -\providecommand{\uP}{{\ensuremath{\mathrm{u}^{\prime}}}} -\providecommand{\urate}{\ensuremath{\mho}} -\providecommand{\utilFunc}{\ensuremath{\mathrm{u}}} -\providecommand{\util}{\ensuremath{u}} -\providecommand{\ValAlt}{\ensuremath{\mathcal{V}}} % middle-of-period Value function -\providecommand{\valfn}{\ensuremath{\mathrm{v}}} % middle-of-period value function -\providecommand{\Value}{\ensuremath{\mathrm{V}}} % middle-of-period Value function -\providecommand{\VEndFunc}{\ensuremath{\mathfrak{V}}} -\providecommand{\vEndFunc}{\ensuremath{\mathfrak{v}}} -\providecommand{\VEnd}{\ensuremath{\mathfrak{V}}} % end-of-period Value function -\providecommand{\vEnd}{\ensuremath{\mathfrak{v}}} % end-of-period value function -\providecommand{\vEss}{\check{v}^{e}} -\providecommand{\VE}{{V}^{e}} -\providecommand{\vE}{{v}^{e}} -\providecommand{\vFirm}{\ensuremath{\mathrm{e}}} -\providecommand{\VFunc}{\ensuremath{\mathrm{V}}} -\providecommand{\vFunc}{\ensuremath{\mathrm{v}}} -\providecommand{\VInv}{\ensuremath{\Lambda}} -\providecommand{\vInv}{\ensuremath{\scriptstyle \Lambda \displaystyle}} -\providecommand{\vk}{\ensuremath{\lambda}} -\providecommand{\vLevBF}{\ensuremath{\mathbf{v}}} -\providecommand{\VLevFunc}{\ensuremath{\pmb{\mathrm{V}}}} -\providecommand{\vLevFunc}{\ensuremath{\pmb{\mathrm{v}}}} -\providecommand{\VLev}{\ensuremath{V}} -\providecommand{\vLev}{\ensuremath{v}} -\providecommand{\vNorm}{\ensuremath{\mathrm{w}}} % end-of-period value function -\providecommand{\VNum}{\ensuremath{V}} -\providecommand{\vNum}{\ensuremath{v}} -\providecommand{\vOptAlt}{\ensuremath{\Alt{\tilde{\mathfrak{v}}}}} -\providecommand{\vOpt}{\ensuremath{\tilde{\mathfrak{v}}}} -\providecommand{\VRat}{\ensuremath{V}} -\providecommand{\vRat}{\ensuremath{v}} -\providecommand{\vTarg}{\Target{\vRat}} -\providecommand{\VU}{{V}^{u}} -\providecommand{\vU}{{v}^{u}} -\providecommand{\Wage}{\ensuremath{\mathsf{W}}} -\providecommand{\wage}{\ensuremath{\mathsf{w}}} -\providecommand{\WAllLev}{\ensuremath{\mathbf{O}}} -\providecommand{\wAllLev}{\ensuremath{\mathbf{o}}} -\providecommand{\WAllRat}{\ensuremath{O}} -\providecommand{\wAllRat}{\ensuremath{o}} -\providecommand{\WAll}{{O}} -\providecommand{\wAll}{{o}} -\providecommand{\WBeg}{\KLev} % Wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\wBeg}{\kLev} % wealth as of the beginning of the period (before R is received, not including Y) -\providecommand{\Wealth}{\ensuremath{O}} -\providecommand{\wealth}{\ensuremath{o}} -\providecommand{\WEndRat}{\ARat} % -\providecommand{\wEndRat}{\aRat} % -\providecommand{\WEnd}{\ALev} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wEnd}{\aLev} % wealth as of the end of the period (after C has been taken) -\providecommand{\Wend}{\ARat} % Wealth as of the end of the period (after C has been chosen) -\providecommand{\wend}{\aRat} % wealth as of the end of the period (after C has been taken) -\providecommand{\wFunc}{\mathrm{w}} -\providecommand{\WGroPF}{\ensuremath{\mathrm{G}}} -\providecommand{\WGro}{\ensuremath{\mathrm{G}}} -\providecommand{\wGro}{\ensuremath{\mathsf{g}}} -\providecommand{\whumMin}{\underline{\hRat}} % human wealth -- individual -\providecommand{\WHum}{\HLev} % Human wealth -- aggregate -\providecommand{\wHum}{\hLev} % human wealth -- individual -\providecommand{\Whum}{\HRat} % Human wealth -- aggregate -\providecommand{\whum}{\hRat} % human wealth -- individual -\providecommand{\WLev}{\ensuremath{W}} -\providecommand{\wLev}{\pmb{w}} -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMid}{\BLev} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wMid}{\bLev} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\Wmid}{\BRat} % Wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\wmid}{\bRat} % wealth as of the middle of the period (after R is received, not including Y) -\providecommand{\WMkt}{\MLev} % Wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wMkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wmkt}{\mLev} % wealth as of the middle of the period (after R is received, including Y) -\providecommand{\wNet}{\ensuremath{x}} % -\providecommand{\WNet}{\ensuremath{X}} % Total wealth -\providecommand{\WPre}{{K}} -\providecommand{\wPre}{{k}} -\providecommand{\wRat}{\ensuremath{o}} % -\providecommand{\WRat}{\ensuremath{O}} % Ratio to permanent income -\providecommand{\wTot}{\ensuremath{\mathbf{o}}} % -\providecommand{\WTot}{\ensuremath{\mathbf{O}}} % Total wealth -\providecommand{\wtot}{\ensuremath{o}} % -\providecommand{\Wtot}{\ensuremath{O}} % Total wealth -\providecommand{\xFer}{\chi} -\providecommand{\XFer}{X} -\providecommand{\xFunc}{\mathrm{x}} -\providecommand{\XLev}{\ensuremath{X}} -\providecommand{\xLev}{\ensuremath{x}} -\providecommand{\xpend}{\ensuremath{\xi}} -\providecommand{\XperGro}{\ensuremath{\mathsf{X}}} -\providecommand{\xperGro}{\ensuremath{\mathsf{x}}} -\providecommand{\XRat}{\ensuremath{X}} -\providecommand{\xRat}{\ensuremath{x}} -\providecommand{\yFunc}{\mathrm{y}} -\providecommand{\yLevBF}{\ensuremath{\mathbf{y}}} -\providecommand{\YLev}{\ensuremath{Y}} -\providecommand{\YLevBF}{\ensuremath{\mathbf{Y}}} -\providecommand{\yLev}{\ensuremath{y}} -\providecommand{\YRat}{\ensuremath{Y}} -\providecommand{\yRat}{\ensuremath{y}} -\providecommand{\yTargE}{\ensuremath{\check{y}^{e}}} -\providecommand{\yTarg}{\ensuremath{\check{y}}} -\providecommand{\zAgg}{\ensuremath{\pmb{Z}}} -\providecommand{\zFunc}{\mathrm{z}} -\providecommand{\ZLevBF}{\ensuremath{\mathbf{Z}}} -%\providecommand{\zLevBF}{\ensuremath{\mathbf{z}}} -\providecommand{\zLevBF}{\ensuremath{\pmb{z}}} -\providecommand{\ZLev}{\ensuremath{Z}} -\providecommand{\zLev}{\ensuremath{z}} -\providecommand{\ZRat}{\ensuremath{Z}} -\providecommand{\zRat}{\ensuremath{z}} - -\providecommand{\DieFac}{\pDead} -\providecommand{\LivFac}{\Alive} -\providecommand{\PopFac}{\PopGro} -\providecommand{\popRte}{\popGro} - - -\providecommand{\NFALev}{\NLev} -\providecommand{\NFARat}{\NRat} -\providecommand{\NI}{\ensuremath{Z}} -\providecommand{\GDPLev}{\pmb{P}} -\providecommand{\GDPRat}{P} -\providecommand{\GDPGro}{\gimel} -\providecommand{\gdpLev}{\pmb{p}} -\providecommand{\gdpRat}{p} -\providecommand{\weight}{\omega} - - -\providecommand{\bi}{} -\renewcommand{\bi}{\begin{itemize}} -\providecommand{\ei}{} -\renewcommand{\ei}{\end{itemize}} -\providecommand{\reqd}{} -\renewcommand{\reqd}{\item[$^{*}$]} -\providecommand{\recm}{} -\renewcommand{\recm}{\item[\phantom{$^{*}$}]} - -\providecommand{\pd}[2]{\frac{\partial#1}{\partial#2}} diff --git a/docs/texmf-local/tex/latex/titlesec.sty b/docs/texmf-local/tex/latex/titlesec.sty deleted file mode 100644 index f588cad6a..000000000 --- a/docs/texmf-local/tex/latex/titlesec.sty +++ /dev/null @@ -1,1350 +0,0 @@ -% +--------------------------------------------------+ -% | Typeset titlesec.tex to get the documentation. | -% +--------------------------------------------------+ -% -% Copyright (c) 1998-2016 by Javier Bezos. -% All Rights Reserved. -% -% This file is part of the titlesec distribution release 2.10.2 -% ----------------------------------------------------------- -% -% It may be distributed and/or modified under the -% conditions of the LaTeX Project Public License, either version 1.3 -% of this license or (at your option) any later version. -% The latest version of this license is in -% http://www.latex-project.org/lppl.txt -% and version 1.3 or later is part of all distributions of LaTeX -% version 2003/12/01 or later. -% -% This work has the LPPL maintenance status "maintained". -% -% The Current Maintainer of this work is Javier Bezos. -% -% Notes -% ~~~~~ -% -% The following tags are used: -% ttl@ : the generic tag used through the style -% ttlh@ : a shape definition -% ttlf@ : a macro containing the title format -% ttls@ : id. the title space -% ttlp@ : page key related macros -% ttll@ : level number -% -% The ttlf@ and ttls@ contains data in the form {..}{..}. -% Perhaps in future releases they should be converted -% to a prop-like list, similar to that proposed by the -% latex team. -% -% Admittedly, the current implementation seems too -% complicated, but that's necessary in order to provide -% certain compatibility with the sections as defined by the -% used class. Other packages opt for providing the sections -% as defined by standard classes ignoring the class; for -% instance sectsty which does a simple task in a simple and -% nice way. However, that was not my goal. -% -% Release -% ~~~~~~~ - -\NeedsTeXFormat{LaTeX2e} -\ProvidesPackage{titlesec}[2016/03/21 v2.10.2 Sectioning titles] - -% Initialization -% ~~~~~~~~~~~~~~ - -\newif\ifttl@ps -\ttl@psfalse - -% The \ttl@label switch is used when printing the label in titles. -% A numberless variant makes it to true. -% There is a \ttl@toclabel as well, which is true iff the -% title is numbered; used in toc entries (except default part -% and chapter) and marks (only in titlesec pagestyles). - -\newif\ifttl@label -\newif\ifttl@toclabel - -\newbox\ttl@box - -% A provision for the report style: - -\@ifundefined{if@mainmatter} - {\let\if@mainmatter\iftrue}{} - -\@ifundefined{if@openright} - {\let\if@openright\iftrue}{} - -% and the ams styles as well - -\@ifundefined{@chapapp} - {\let\@chapapp\chaptername}{} - -\def\ttl@trylist{\ttl@try{}} - -\def\ttl@getkeys#1#2{% - \if\expandafter @\@gobble#1@\@empty - \edef\ttl@b{\expandafter\@gobble\string#1}% - \let\ttl@a\ttl@b - \else - \makeatletter - \edef\ttl@d{% - \noexpand\input{ttlkeys.def}% - \catcode`\noexpand\@=\the\catcode`\@}% - \ttl@d - \ttl@getkeys{#1}{#2}% - \fi} - -% A more meaningful error for \@notdefinable - -\expandafter\AtEndOfPackage\expandafter{\expandafter - \gdef\expandafter\@notdefinable\expandafter{\@notdefinable}} - -\def\@notdefinable{% - \PackageError{titlesec}% - {Incompatible package}% - {Titlesec cannot continue defining its own macros - because\MessageBreak - \@backslashchar\reserved@a\space is already used by other package, - the class\MessageBreak - or the document.}} - -% +-----------------+ -% | C L A S S E S | -% +-----------------+ - -\def\ttl@useclass#1#2{% - \@ifstar - {\ttl@labelfalse#1{#2}[]}% - {\ttl@labeltrue\@dblarg{#1{#2}}}} - -\def\ttl@straightclass{\ttl@useclass\ttl@straight@i} -\def\ttl@partclass{\ttl@useclass\ttl@part@i} -\def\ttl@topclass{\ttl@useclass\ttl@top@i} -\def\ttl@pageclass{\ttl@useclass\ttl@page@i} - -% Here \scantokens is used to make sure the unescaped name -% has `letters' and no `others'. Mainly for hyperref, so there -% should be no problems. - -\newcommand\titleclass[1]{% - \edef\ttl@a{\expandafter\@gobble\string#1}% - \ifx\scantokens\@undefined\else - \scantokens\expandafter{\expandafter - \def\expandafter\ttl@a\expandafter{\ttl@a}}% - \fi - \@ifnextchar[{\@tempswatrue\ttl@class@i{#1}}% - {\@tempswafalse\ttl@class@ii{#1}}} - -\def\ttl@class@i#1[#2]{% - \@namedef{ttll@\ttl@a}{#2}% - \expandafter\providecommand\csname\ttl@a title\endcsname{}%%%% - \@ifundefined{ttl@toplevel}{}% - {\expandafter\let\csname ttlss@\ttl@a\expandafter\endcsname - \csname ttlss@\ttl@toplevel\endcsname}% - \edef\ttl@toplevel{\ttl@a}% - \ttl@class@ii{#1}} - -\def\ttl@class@ii#1#2{% - \@ifundefined{ttl@#2class}% - {\PackageError{titlesec}{Unknown sectioning class}% - {Valid names are top, page and straight}}% - {\expandafter\let\csname ttl@compat\ttl@a\endcsname\relax - \@ifundefined{\ttl@a mark}% - {\@namedef{\ttl@a mark}{\@gobble}}% - {}% - \edef#1{% - \expandafter\noexpand\csname ttl@#2class\endcsname{\ttl@a}}}% - \if@tempswa - \expandafter\@gobble - \else - \expandafter\@firstofone - \fi - {\@ifnextchar[% - {\ttl@class@iii}% - {\@ifundefined{ttll@\ttl@a}% - {\PackageError{titlesec}{Unknown sectioning level}% - {\string\titleclass\space with no optional arguments\MessageBreak - only changes the class of an *existing* level}}}}} - -\def\ttl@class@iii[#1]{% - \edef\ttl@b{\expandafter\@gobble\string#1}% - \expandafter\let\csname ttlss@\ttl@a\expandafter\endcsname - \csname ttlss@\ttl@b\endcsname - \expandafter\edef\csname ttlss@\ttl@b\endcsname{\ttl@a}% - \let\ttl@a\ttl@toplevel - \count@\csname ttll@\ttl@toplevel\endcsname - \ttl@class@iv} - -\def\ttl@class@iv{% - \@ifundefined{ttlss@\ttl@a}{}% - {\advance\count@\@ne - \edef\ttl@a{\csname ttlss@\ttl@a\endcsname}% - \expandafter\edef\csname ttll@\ttl@a\endcsname{\the\count@}% - \ttl@class@iv}} - -% Typesetting Classes: General tools -% ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ -% The following command handles the *n spacing -% Some tricks are necessary to multiply a -% skip by a non integer number - -\newskip\beforetitleunit -\beforetitleunit=1ex\@plus.3ex\@minus.06ex -\newskip\aftertitleunit -\aftertitleunit=1ex\@plus.1ex - -\newdimen\ttl@plus -\newdimen\ttl@minus - -\def\ttl@assign#1{% - \@ifstar - {\ttl@assign@i{#1}}% - {\ttl@assign@d{#1}}} - -\def\ttl@assign@i#1#2\relax#3{% - \ttl@plus\z@ - \ttl@minus\z@ - \afterassignment\ttl@assign@ii - \dimen@\the#3, % <- space - #1 = #2\dimen@ - plus #2\ttl@plus - minus #2\ttl@minus} - -\def\ttl@assign@ii#1 {% <- space - \if#1,\else\afterassignment\ttl@assign@ii\fi - \csname ttl@\string#1\endcsname} - -\def\ttl@assign@d#1#2\relax#3{\setlength#1{#2}} - -% To be used with \v/vspace to make them calc-savvy - -\def\ttl@calc#1#2{% - {\setlength\@tempskipa{#2}% - #1\@tempskipa}} - -\def\ttl@calcneg#1#2{% - {\setlength\@tempskipa{#2}% - #1{-\@tempskipa}}} - -% Gets from ttls@ and passes the spacing parameters: - -\def\ttl@startargs#1#2{% Get the first arguments, with the spacing - \@ifundefined{ttlp@#2}% - {\let\ttl@key@page\@empty}% - {\ttlp@fetch{#2}}% - \begingroup - \def\ttl@b{ttls@#2}% - \edef\ttl@key@numberless{\ifttl@label//\else/*\fi}% - \def\ttl@a##1{\csname ttl@key@##1\endcsname}% Used as elt in try - \ttl@trylist - \xdef\ttl@b{\ttl@c}% - \endgroup - \ifx\ttl@b\@empty - \PackageError{titlesec}{Format/spacing not found}% - {I was unable to find the format corresponding to #2.\MessageBreak - Maybe you haven't set it with \string\titleformat\space and - \string\titlespacing} - \fi - \expandafter#1\ttl@b{#2}} - -% Used in ttl@select - -\def\ttl@savefn#1[#2]#3{% - \ifcase#1% - \footnotemark[#2]% - \gdef\ttl@fn{\footnotetext[#2]{#3}}% - \else - \footnotemark - \gdef\ttl@fn{\footnotetext{#3}}% - \fi} - -\def\ttl@nest@error{% - \PackageError{titlesec}{Nested titles}{Titles must not be nested}} - -\def\ttl@hmode@error{% - \PackageError{titlesec}{Entered in horizontal mode} - {The argument cannot contain horizontal material\MessageBreak - such as text, \string\noindent, \string\makebox, etc.}} - -% \ttl@select not only selects the right version to be -% used. It also take steps to ensure that a mark -% is not lost inside a box by saving it into \ttl@mk, -% which in turn is used by the sect and chap commands. - -\newif\ifttl@explicit - -\def\ttl@gmk#1{\gdef\ttl@mk{#1}} - -\def\ttl@select#1#2#3#4{% - \ttl@Hy@saveanchor - \global\let\ttl@mk\@empty % global because of rigidchapters - \global\let\ttl@fn\@empty - \begingroup - \if@inlabel\else % Keep item's \everypar - \everypar{\setbox\z@\lastbox\strut}% - \fi - \let\ttl@straight@i\ttl@nest@error - \let\ttl@top@i \ttl@nest@error - \let\ttl@part@i \ttl@nest@error - \let\ttl@page@i \ttl@nest@error - \let\ttl@newpage\newpage - \def\newpage{\ttl@savewrite\ttl@newpage}% - \def\markboth##1##2{\protect\ttl@gmk{\protect\markboth{##1}{##2}}}% - \def\markright##1{\protect\ttl@gmk{\protect\markright{##1}}}% - \def\@mkboth##1##2{\protect\ttl@gmk{\protect\@mkboth{##1}{##2}}}% - \def\footnote{\@ifnextchar[% - {\ttl@savefn\z@}{\ttl@savefn\@ne[]}}% - \edef\ttl@key@numberless{\ifttl@label//\else/*\fi}% - \def\ttl@b{ttlf@#1}% - \def\ttl@a##1{\csname ttl@key@##1\endcsname}% Used as elt in try - \ttl@trylist - \ifttl@explicit - \def\ttl@passexplicit{\ttl@case{#4}}% - \ttl@c{#4}{#2}{#3}{}% ttl@c is returned by ttl@try with ttlf@... - \else - \let\ttl@passexplicit\ttl@case - \ttl@c{#2}{#3}{#4}% ttl@c is returned by ttl@try with ttlf@... - \fi - \endgroup} - -\let\ttl@savewrite\@empty - -\def\ttl@finmarks{% - \ttl@savewrite - \ttl@mk % Contains a possible mark, returned by \ttl@select - \ttl@fn} % And a footnote - -\def\ttl@try#1{% - \edef\ttl@c{#1}% #1 is a list in the form \ttl@a{key}\ttl@a{key} - \@ifundefined{\ttl@b\ttl@c}{}{% - \edef\ttl@c{\expandafter\noexpand\csname\ttl@b\ttl@c\endcsname}% - \def\ttl@a##1{\csname ttl@extra@##1\endcsname}% - #1% - \let\ttl@try\@gobble}} % locally modified to `break' testings - -% \ttl@write writes marks and toc. tocdepth is taken care of when -% the toc is typesetted and not here. Used always through -% ttl@savewrite, which is reset to \@empty to avoid duplicated -% calls. - -\def\ttl@write#1#2{% - \ttl@blinemarks - \csname#1mark\endcsname{#2}% - \def\ttl@a{\protect\numberline{\@nameuse{the#1}}}% - \@nameuse{ttl@toc#1}% eg, \ttl@tocpart modifies \ttl@a - \ttl@addcontentsline{#1}{#2}% Depends on toctitles, uses \ttl@a - \ttl@elinemarks - \global\ttl@toclabelfalse - \global\let\ttl@savewrite\@empty} - -\newif\ifttl@premark % to be used in ttlps.def -\ttl@premarkfalse - -\def\ttl@premark#1#2{% - \protected@xdef\ttl@prevmarks{\ttl@marks}% - \ttl@blinemarks - \csname#1mark\endcsname{#2}% - \ttl@elinemarks - \gdef\ttl@prevmarks{\ttl@marks}} - -% Must be preceded by a default \ttl@savewrite, which is used -% in starred variants--\@empty in top and straight classes. -% In straight class, it is preceded by the setting of -% prev marks to provide a "fixed" top mark. Otherwise, -% the default prev mark (= curr mark) is used (restored -% after ttl@labelling in straight). This is the command -% to be hacked if you want to change the behaviour of -% starred variants. - -\def\ttl@labelling#1#2{% - \let\ttl@Hy@saveanchor\@empty - \ifttl@label % 1st - if star - \def\ttl@savewrite{\ttl@write{#1}{#2}}% - \@nameuse{ttl@#1label}% eg, sets if mainmatter in chapter. - \ifttl@label % 2nd - eg, if not main matter - \ifnum\@nameuse{ttll@#1}>\c@secnumdepth\relax - \ttl@labelfalse % 3rd - if too deep - \else - \ttl@Hy@refstepcounter{#1}% - \@nameuse{ttl@#1out}% - \fi - \fi - \fi - \let\ifttl@toclabel\ifttl@label - \ifx\ttl@savewrite\@empty\else % If marks - \ifttl@ps - \ifttl@premark - \global\ttl@premarkfalse - \else % if no \pretitlemark - \ttl@premark{#1}{#2}% - \fi - \fi - \ifttl@label\else\ttl@Hy@steplink{#1}\fi - \fi} - -% Executed by ttl@labelling if the name of section is chapter: - -\def\ttl@chapterlabel{\if@mainmatter\else\ttl@labelfalse\fi} - -% Executed by ttl@labelling if chapter has a number. Note -% you can define messages for other sectioning levels (eg, -% \ttl@sectionout). - -\def\ttl@chapterout{\typeout{\chaptertitlename\space\thechapter.}} - -% Straight class -% ~~~~~~~~~~~~~ -% Default for nobottomtitles. Changed by nobottomtitles* - -\def\ttl@addstretch{\advance\@tempskipa-\pagestretch} - -% 1:name 2:level 3:indent 4:before 5:after 6:afind [7]:cap 8:title -% The second argument of ttl@sect is the level, which -% is empty if the star version is used. In this case -% neither the toc nor the marks are written. - -\def\ttl@straight@i#1[#2]#3{% - \def\@currentlabelname{#2}% for nameref - \gdef\ttl@savemark{\csname#1mark\endcsname{#3}}% - \let\ttl@savewrite\@empty - \def\ttl@savetitle{#3}% - \gdef\thetitle{\csname the#1\endcsname}% - \if@noskipsec \leavevmode \fi - \par - \ttl@labelling{#1}{#2}% - \ttl@startargs\ttl@straight@ii{#1}{#3}} - -% 1:left 2:right 3:before 4:after 5:afterindent 6:name 7:title - -\def\ttl@straight@ii#1#2#3#4#5#6#7{% - \ttl@assign\@tempskipa#3\relax\beforetitleunit - \@ifundefined{ttl@ps@#6}{}% - {\PackageWarning{titlesec}{Page style in straight class ignored}}% - \if@nobreak - \ttl@titlespace{\@tempskipa}% - \else - \@ifundefined{#6break}% - {\addpenalty{\@secpenalty}}% - {\csname#6break\endcsname}% - \addvspace{\@tempskipa}% - \ifdim\bottomtitlespace<\z@ - \else - \begingroup - \@tempskipb\pagegoal - \@tempskipa\pagegoal - \ttl@addstretch % \relax if nobottomtitle* - \advance\@tempskipa-\bottomtitlespace\relax % not a register - \pagegoal\@tempskipa - \def\@textbottom{\vskip\z@\@plus.0001fil}% - \penalty9999 - \pagegoal\@tempskipb - \endgroup - \fi - \fi - \@afterindenttrue - \ifcase#5 \@afterindentfalse\fi - \ttl@assign\@tempskipb#4\relax\aftertitleunit - \ttl@select{#6}{#1}{#2}{#7}% - \ttl@finmarks - \@ifundefined{ttlp@#6}{}{\ttlp@write{#6}}% - \if@noskipsec - \global\@nobreakfalse - \everypar{% - \if@noskipsec - \global\@noskipsecfalse - \clubpenalty\@M - \hskip-\parindent - \begingroup - \@svsechd\unskip{\hspace{\@tempskipb}}% - \endgroup - \else - \clubpenalty\@clubpenalty\everypar{}% - \fi}% - \else - \par\nobreak - \vspace{\@tempskipb}% - \@afterheading - \fi - \ignorespaces} - -% Part class -% ~~~~~~~~~~ - -\providecommand\partmark[1]{\markboth{}{}} - -\def\ttl@part@i#1[#2]#3{% - \gdef\ttl@savemark{\csname#1mark\endcsname{#3}}% - \ifx\ttl@notocparts\@undefined - \def\ttl@savewrite{\ttl@write{#1}{#3}}% Not #2! - \else - \let\ttl@savewrite\@empty - \fi - \def\ttl@savetitle{#3}% - \ttl@labelling{#1}{#2}% - \ttl@startargs\ttl@part@ii{#1}{#3}} - -\def\ttl@part@ii#1#2#3#4#5#6#7{% - \ttl@assign\@tempskipa#3\relax\beforetitleunit - \vspace*{\@tempskipa}% - \@ifundefined{ttl@ps@#6}{}% - {\PackageWarning{titlesec}{Page style in part class ignored}}% - \global\@afterindenttrue - \ifcase#5 \global\@afterindentfalse \fi - \ttl@assign\@tempskipb#4\relax\aftertitleunit - \ttl@select{#6}{#1}{#2}{#7}% - \ttl@finmarks - \@ifundefined{ttlp@#6}{}{\ttlp@write{#6}}% - \par\nobreak - \vspace{\@tempskipb}% - \@afterheading} - -% Page class -% ~~~~~~~~~~ - -\def\ttl@page@i#1[#2]#3{% - \gdef\ttl@savemark{\csname#1mark\endcsname{#3}}% - \ifx\ttl@notocparts\@undefined - \def\ttl@savewrite{\ttl@write{#1}{#3}}% Not #2! - \else - \let\ttl@savewrite\@empty - \fi - \def\ttl@savetitle{#3}% - \ttl@labelling{#1}{#2}% - \ttl@startargs\ttl@page@ii{#1}{#3}} - -\def\ttl@page@ii#1#2#3#4#5#6#7{% - \ttl@assign\@tempskipa#3\relax\beforetitleunit - \if@openright - \cleardoublepage - \else - \clearpage - \fi - \@ifundefined{ttl@ps@#6}% - {\thispagestyle{plain}}% - {\thispagestyle{\@nameuse{ttl@ps@#6}}}% - \if@twocolumn - \onecolumn - \@tempswatrue - \else - \@tempswafalse - \fi - \vspace*{\@tempskipa}% - \@afterindenttrue - \ifcase#5 \@afterindentfalse\fi - \ttl@assign\@tempskipb#4\relax\aftertitleunit - \ttl@select{#6}{#1}{#2}{#7}% - \ttl@finmarks - \@ifundefined{ttlp@#6}{}{\ttlp@write{#6}}% - \vspace{\@tempskipb}% - \newpage - \if@twoside - \if@openright - \null - \@ifundefined{ttl@ps@#6}% - {\thispagestyle{empty}}% - {\thispagestyle{\@nameuse{ttl@ps@#6}}}% - \newpage - \fi - \fi - \if@tempswa - \twocolumn - \fi - \ignorespaces} - -% Top class and some makechapterhead stuff -% ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ -% -% \ttl@mkchap is the new make(s)chapterhead. - -\def\ttl@mkchap#1#2#3#4#5#6#7{% - \gdef\ttl@savemark{\csname#6mark\endcsname{#7}}% - \let\ttl@savewrite\@empty - \let\ttl@Hy@saveanchor\@empty - \@ifundefined{ttl@ps@#6}{}% - {\thispagestyle{\@nameuse{ttl@ps@#6}}}% - \let\ifttl@toclabel\ifttl@label - \ttl@mkchap@i{#1}{#2}{#3}{#4}{#5}{#6}{#7}} - -% But \ttl@mkchap@i is used by both makechapterhead and -% the top class. - -\def\ttl@mkchap@i#1#2#3#4#5#6#7{% - \ttl@assign\@tempskipa#3\relax\beforetitleunit - \vspace*{\@tempskipa}% - \global\@afterindenttrue - \ifcase#5 \global\@afterindentfalse\fi - \ttl@assign\@tempskipb#4\relax\aftertitleunit - \ttl@topmode{\@tempskipb}{% - \ttl@select{#6}{#1}{#2}{#7}}% - \ttl@finmarks % Outside the box! - \@ifundefined{ttlp@#6}{}{\ttlp@write{#6}}} - -\def\ttl@top@i#1[#2]#3{% - \gdef\ttl@savemark{\csname#1mark\endcsname{#3}}% - \let\ttl@savewrite\@empty - \def\ttl@savetitle{#3}% - \ttl@labelling{#1}{#2}% - \ttl@startargs\ttl@top@ii{#1}{#3}} - -\def\ttl@top@ii#1#2#3#4#5#6#7{% - \@ifundefined{#6break}% - {\if@openright - \cleardoublepage - \else - \clearpage - \fi}% - {\csname#6break\endcsname}% - \@ifundefined{ttl@ps@#6}% - {\thispagestyle{plain}}% - {\thispagestyle{\@nameuse{ttl@ps@#6}}}% - \global\@topnum\z@ - \@ifundefined{#6tolists}% - {\addtocontents{lof}{\protect\ttl@tocsep}% - \addtocontents{lot}{\protect\ttl@tocsep}} - {\@nameuse{#6tolists}}% - \if@twocolumn - \@topnewpage[\ttl@mkchap@i{#1}{#2}{#3}{#4}{#5}{#6}{#7}]% - \else - \ttl@mkchap@i{#1}{#2}{#3}{#4}{#5}{#6}{#7}% - \@afterheading - \fi - \ignorespaces} - - -% \def\ttl@noskipsectrue{% -% \if@noskipsec -% \PackageError{titlesec}{Invalid shape for top class}% -% {The selected shape only makes sense when merged into\MessageBreak -% a paragraph. That is impossible in the top class}% -% \else - -\newcommand\chaptertitlename{\@chapapp} -\def\ttl@tocsep{\addvspace{10\p@}} - -% +-----------------+ -% | S H A P E S | -% +-----------------+ -% -% % Reformatting Titles: Interface -% ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ - -% The surrounding space is stored in a macro -% named \ttls@
    whose content is -% {left}{right}{before}{after}{afterindent}. -% But if there is the page key, the name is -% \ttls@
    / - -\newcommand\titlespacing{% - \@ifstar{\ttl@spacing@i{\z@}}{\ttl@spacing@i{\@ne}}} - -\def\ttl@spacing@i#1#2#3#4#5{% - \ttl@getkeys{#2}{titlesec}% - \@ifnextchar[{% - \ttl@spacing@ii{#1}{#3}{#4}{#5}% - }{% - \ttl@spacing@ii{#1}{#3}{#4}{#5}[\z@]}} - -\def\ttl@spacing@ii#1#2#3#4[#5]{% - \expandafter\def\csname ttls@\ttl@a\endcsname - {{#2}{#5}{#3}{#4}{#1}}} - -% The section name is built in \ttl@a. -% The format is stored in a macro named \ttlf@
    , -% or \ttlf@
    / if there is the page spec, -% or \ttlf@.../* if numberless is true -% whose content is -% \ttl@{format}{label}{sep}{before}{after} - -\newtoks\ttl@toksa - -\newcommand\titleformat{% - \@ifstar{\ttl@format@s}% - {\ttl@format@i}} - -\def\ttl@format@s#1#2{% - \edef\ttl@a{\expandafter\@gobble\string#1}% - \@ifundefined{ttlf@\ttl@a}% - {\PackageError{titlesec}{Not allowed in `easy' settings} - {The sectiong command you are trying to redefine\MessageBreak - is not handled by the starred variant (eg, \string\part)}}{} - \expandafter\expandafter\expandafter - \ttl@format@si\csname ttlf@\ttl@a \endcsname - {#2}} - -\def\ttl@format@si#1#2#3#4#5#6#7{% - \@namedef{ttlf@\ttl@a}{#1{#7}{#3}{#4}{#5}{#6}}} - -\def\ttl@format@i#1{% - \@ifnextchar[{\ttl@format@ii{#1}}{\ttl@format@ii{#1}[hang]}} - -\def\ttl@format@ii#1[#2]#3#4#5#6{% - \ttl@getkeys{#1}{titlesec}% - \ttl@toksa{{#3}{#4}{#5}{#6}}% Save arguments - \@ifnextchar[{% - \ttl@format@iii{#2}% - }{% - \ttl@format@iii{#2}[]}} - -% First, we get the shape -- if not defined it loads -% the corresponding file. - -\def\ttl@format@iii#1[#2]{% - \@ifundefined{ttlh@#1}{% - \begingroup - \makeatletter - \InputIfFileExists{#1.tss}{}{% - \PackageError{titlesec}{Unknown shape}% - {Shapes are defined in files with extension tss\MessageBreak - Either you have misspelled the shape\MessageBreak - or there is no a #1.tss file}}% - \endgroup}{}% - \@temptokena{#2}% - \ifttl@explicit - \edef\ttl@b{% - \def\expandafter\noexpand\csname ttlf@\ttl@a\endcsname####1% - {\expandafter\noexpand\csname ttlh@#1\endcsname - \the\ttl@toksa{\the\@temptokena}}}% - \else - \edef\ttl@b{% - \def\expandafter\noexpand\csname ttlf@\ttl@a\endcsname - {\expandafter\noexpand\csname ttlh@#1\endcsname - \the\ttl@toksa{\the\@temptokena}}}% - \fi - \ttl@b - \csname ttl@compat\ttl@a\endcsname} - -% Styles -% ~~~~~~ - -% 1:global 2:label 3:sep 4:style 5:after 6:left 7:right 8:title -% \ttl@ and \ttlh@ take the following eight -% arguments: -% {format}{label}{sep}{before}{after}{left}{right}{title} -% where before and after refer to the format. -% With the option explicit, #4 contains the title and #8 is -% empty. - -\def\ttlh@display#1#2#3#4#5#6#7#8{% - \gdef\ttl@makeline##1{\ttl@calc\hspace{#6}##1\ttl@calc\hspace{#7}}% - \setlength\leftskip{#6}% - \setlength\rightskip{#7}% - \interlinepenalty\@M - \ttl@changecentercr - \ttl@beginlongest - #1\ifhmode\ttl@hmode@error\fi - \ttl@glcmds - \parindent\z@ - \ifttl@label - {#2\strut\@@par}\nobreak\ttl@calc\vspace{#3}% - \fi - #4{#8}% - \kern\z@\strut\@@par - \nobreak\ttl@midlongest#5\@@par - \ttl@endlongest} - -\def\ttlh@hang#1#2#3#4#5#6#7#8{% - \gdef\ttl@makeline##1{\ttl@calc\hspace{#6}##1\ttl@calc\hspace{#7}}% - \setlength\leftskip{#6}% - \setlength\rightskip{#7}% - \interlinepenalty\@M - \ttl@changecentercr - \ttl@beginlongest - #1{\ifhmode\ttl@hmode@error\fi - \ttl@glcmds - \parindent\z@ - \begingroup - \ifttl@label - \noindent - \sbox\z@{#2\strut\ttl@calc\hspace{#3}}% - \hangindent\wd\z@ - \box\z@ - \fi - #4{#8}% - \kern\z@\strut\@@par - \endgroup - \nobreak\ttl@midlongest#5\@@par}% - \ttl@endlongest} - -\def\ttlh@runin#1#2#3#4#5#6#7#8{% - \global\@noskipsectrue - \gdef\ttl@makeline##1{##1}% - \ttl@changecentercr - #1{\ifhmode\ttl@hmode@error\fi - \global\sbox\ttl@box{% - \ttl@calc\hspace{#6}% - \ifttl@label{\strut#2}\ttl@calc\hspace{#3}\fi - #4{#8}#5\unskip}}% - \gdef\@svsechd{\unhbox\ttl@box}} - -% +-----------------+ -% | T O O L S | -% +-----------------+ -% -% calcwidth -% ~~~~~~~~~ -% Implemented after code from soul (but much modified...) - -\newdimen\titlewidth -\newdimen\titlewidthlast -\newdimen\titlewidthfirst - -\let\ttl@glcmds\relax -\let\ttl@beginlongest\@empty -\let\ttl@midlongest\@empty -\let\ttl@endlongest\@empty -\let\iftitlemeasuring\@secondoftwo - -\def\ttl@xbeginlongest#1\ttl@endlongest{% - \titlewidth\z@ - \titlewidthlast\z@ - \let\iftitlemeasuring\@firstoftwo - \setbox\ttl@box\vbox{% - \def\ttl@glcmds{% - \def\\{\@ifstar{\@ifnextchar[{\ttl@bs}{\newline}}% - {\@ifnextchar[{\ttl@bs}{\newline}}}% - \def\ttl@bs[####1]{\newline}% - \let\@centercr\\% - \def\ttl@midlongest####1\@@par{}% Very dirty... - \advance\rightskip 1\leftskip plus 1fil - \leftskip=\z@}% - #1}% - \let\iftitlemeasuring\@secondoftwo - \ttl@boxprocess - #1} - -\def\ttl@boxprocess{% - \setbox\ttl@box=\vbox{% - \unvcopy\ttl@box - \unskip\unpenalty - \global\setbox\@ne=\lastbox}% - \ifvoid\@ne - \else - \setbox\tw@=\hbox{\hskip-\leftskip\unhbox\@ne\hskip-\rightskip}% - \titlewidthfirst\wd\tw@ - \ifdim\titlewidth<\titlewidthfirst - \titlewidth\titlewidthfirst - \fi - \ifdim\titlewidthlast=\z@ - \titlewidthlast\titlewidthfirst - \fi - \expandafter\ttl@boxprocess - \fi} - -% Rules -% ~~~~~ - -\providecommand\titleline{% - \@ifstar{\ttl@line@i{\hb@xt@\titlewidth}}% - {\ttl@line@i{}}} - -\def\ttl@line@i#1{% - \@ifnextchar[{\ttl@line{#1}}{\ttl@line{#1}[s]}} - -\def\ttl@line#1[#2]#3{% - \vskip\topskip - \hrule \@height \z@ - \nobreak - \vskip-\topskip - \begingroup - \parindent\z@ - \everypar{}% - \leftskip\z@ - \rightskip\z@ % #1 is either \hb@xt@\titlewidth or empty: - \@makebox[\hsize][#2]{\ttl@makeline{#1{#3}}}% - \par - \endgroup - \hrule height \z@ - \nobreak} - -\providecommand\titlerule{\@ifstar{\ttl@row}{\ttl@rule}} - -\let\ttl@leaders\xleaders % For titletoc compatibility - -\def\ttl@row{\@ifnextchar[{\ttl@row@i}{\ttl@row@i[\wd\z@]}} -\def\ttl@row@i[#1]#2{% - \ifvmode\expandafter\titleline\fi - {\sbox\z@{#2}% - \ttl@calcneg\hspace{#1}% - \hskip\wd\z@ - \ttl@leaders\hb@xt@#1{\hss\box\z@}% - \hfill\kern\z@}} - -\def\ttl@rule{\@ifnextchar[{\ttl@rule@i}{\ttl@rule@i[.4\p@]}} -\def\ttl@rule@i[#1]{% - \ifvmode\expandafter\titleline\fi - {\leaders\hrule height #1\hfill\kern\z@}} - -% Par shapes and space -% ~~~~~~~~~~~~~~~~~~~~ - -\providecommand\filright{% - \gdef\ttl@filleft##1{\hskip##1}% - \gdef\ttl@filright##1{\hfill}% - \let\\\@centercr - \advance\rightskip\z@ \@plus 1fil\relax} -\providecommand\filleft{% - \gdef\ttl@filleft##1{\hfill}% - \gdef\ttl@filright##1{\hskip##1}% - \let\\\@centercr - \advance\leftskip\z@ \@plus 1fil - \parfillskip\z@} -\providecommand\filcenter{\filleft\filright - \gdef\ttl@filleft##1{\hfill}} -\providecommand\fillast{% - \gdef\ttl@filleft##1{\hfill}% - \gdef\ttl@filright##1{\hfill}% - \let\\\@centercr - \filleft\advance\rightskip\z@ \@plus -1fil - \parfillskip\z@ \@plus 2fil\relax} -\newcommand\filinner{% - \if@twoside - \ifodd\count\z@\filleft\else\filright\fi - \else - \filleft - \fi} -\newcommand\filouter{% - \if@twoside - \ifodd\count\z@\filright\else\filleft\fi - \else - \filright - \fi} - -\newcommand\wordsep{\fontdimen\tw@\font \@plus - \fontdimen\thr@@\font \@minus \fontdimen4\font} - -% +-----------------+ -% | O P T I O N S | -% +-----------------+ - - -\DeclareOption{pagestyles}{\let\sectiontitle\@empty} -\DeclareOption{extramarks}{\let\ttl@fetchmark\@empty} -\DeclareOption{floatps}{% - \ifx\sectiontitle\@empty - \let\ttl@replace\space - \else - \PackageWarning{titlesec}{Ignoring `floatps' without - `pagestyles'. This option is now deprecated.}% - \fi} -\DeclareOption{psfloats}{% - \ifx\sectiontitle\@empty - \let\ttl@replace\@empty - \else - \PackageWarning{titlesec}{Ignoring `psfloats' without - `pagestyles'}% - \fi} - -\DeclareOption{loadonly}{\let\ttl@extract\@empty} - -\DeclareOption{outermarks}{% - \def\ttl@titlemarks{\outertitlemarks}} -\DeclareOption{topmarks}{ - \def\ttl@titlemarks{\toptitlemarks}} -\DeclareOption{botmarks}{% - \def\ttl@titlemarks{\bottitlemarks}} -\DeclareOption{innermarks}{% - \def\ttl@titlemarks{\innertitlemarks}} - -\DeclareOption{footmarks}{} % Backward compat - -\DeclareOption{explicit}{\ttl@explicittrue} - -\DeclareOption{clearempty}{% - \def\cleardoublepage{% - \clearpage{\ps@empty\if@twoside\ifodd\c@page\else - \hbox{}\newpage\if@twocolumn\hbox{}\newpage\fi\fi\fi}}} - -\DeclareOption{rigidchapters}{% - \def\ttl@topmode#1#2{\vbox to #1{#2\vfil}}% - \def\ttl@chapafter{.26\textheight}} -\DeclareOption{rubberchapters}{% - \def\ttl@topmode#1#2{{#2}\ttl@calc\vspace{#1}}% - \def\ttl@chapafter{40\p@}} - -\DeclareOption{bottomtitles}{% - \def\bottomtitlespace{-1\p@}} -\DeclareOption{nobottomtitles}{% - \def\bottomtitlespace{.2\textheight}} -\DeclareOption{nobottomtitles*}{% - \let\ttl@addstretch\relax - \def\bottomtitlespace{.2\textheight}} - -\DeclareOption{calcwidth}{% - \let\ttl@beginlongest\ttl@xbeginlongest} - -\DeclareOption{aftersep}{% - \let\ttl@titlespace\@gobble} -\DeclareOption{largestsep}{% - \let\ttl@titlespace\addvspace} - -\DeclareOption{oldparttoc}{% - \def\ttl@tocpart{\def\ttl@a{\thepart\hspace{1em}}}} -\DeclareOption{newparttoc}{% - \let\ttl@tocpart\relax} -\DeclareOption{notocpart*}{% - \let\ttl@notocparts\@empty} - -\DeclareOption{rm}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\rmfamily}} -\DeclareOption{sf}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\sffamily}} -\DeclareOption{tt}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\ttfamily}} -\DeclareOption{md}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\mdseries}} -\DeclareOption{bf}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\bfseries}} -\DeclareOption{up}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\upshape}} -\DeclareOption{it}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\itshape}} -\DeclareOption{sl}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\slshape}} -\DeclareOption{sc}{% - \protected@xdef\ttl@fonts{\ttl@fonts\protect\scshape}} - -\DeclareOption{big}{% - \gdef\ttl@sizes#1{\ifcase#1\relax\Huge\or\Large\or\large - \or\normalsize\or\or\or\huge\fi}} -\DeclareOption{medium}{% - \gdef\ttl@sizes#1{\ifcase#1\relax\huge\or\Large\or\large - \or\normalsize\or\or\or\LARGE\fi}} -\DeclareOption{small}{% - \gdef\ttl@sizes#1{\ifcase#1\relax\LARGE\or\large - \or\normalsize\or\normalsize\or\or\or\Large\fi}} -\DeclareOption{tiny}{% - \gdef\ttl@sizes#1{\ifcase#1\relax\large\or\normalsize\or - \normalsize\or\normalsize\or\or\or\normalsize\fi}} - -\DeclareOption{raggedleft}{% - \gdef\ttl@fil{\filleft}} -\DeclareOption{center}{% - \gdef\ttl@fil{\filcenter}} -\DeclareOption{raggedright}{% - \gdef\ttl@fil{\filright}} - -\DeclareOption{uppercase}{% - \gdef\ttl@case{\MakeUppercase}} - -\DeclareOption{compact}{% - \gdef\ttl@space{1}% - \gdef\ttl@chapafter{30\p@}} - -% Deprecated. To be remmoved in a major upgrade (3.0) -\DeclareOption{indentfirst}{% - \gdef\@afterindentfalse{\let\if@afterindent\iftrue}% - \@afterindenttrue - \def\titlespacing{% - \@ifstar{\ttl@spacing@i{\@ne}}{\ttl@spacing@i{\@ne}}}} -\DeclareOption{nonindentfirst}{% - \def\titlespacing{% - \@ifstar{\ttl@spacing@i{\z@}}{\ttl@spacing@i{\z@}}}} - -% New names -\DeclareOption{indentafter}{% - \gdef\@afterindentfalse{\let\if@afterindent\iftrue}% - \@afterindenttrue - \def\titlespacing{% - \@ifstar{\ttl@spacing@i{\@ne}}{\ttl@spacing@i{\@ne}}}} -\DeclareOption{noindentafter}{% - \def\titlespacing{% - \@ifstar{\ttl@spacing@i{\z@}}{\ttl@spacing@i{\z@}}}} - -% newlinetospace -\let\ttl@blinemarks\relax -\let\ttl@elinemarks\relax - -\DeclareRobustCommand\ttl@linetosp{% - \@ifstar{\ttl@linetosp@i}{\ttl@linetosp@i}}% - -\def\ttl@linetosp@i{% - \ifdim\lastskip>\z@\else\space\fi - \ignorespaces} - -\DeclareOption{newlinetospace}{% - \def\ttl@blinemarks{% - \let\ttl@e\\% - \def\\{\ttl@linetosp}}% - \def\ttl@elinemarks{\let\\\ttl@e}}% - -% toctitles -\def\ttl@addcontentsline#1#2{% - \addcontentsline{toc}{#1}{\ifttl@toclabel\ttl@a\fi#2}% - \nobreak} - -\DeclareOption{toctitles}{% - \def\ttl@addcontentsline#1#2{% - \addcontentsline{toc}{#1}{\ifttl@toclabel\ttl@a\fi\ttl@savetitle}% - \nobreak}} - -% pageatnewline - -\def\ttl@changecentercr{% - \let\ttl@centercr\@centercr - \def\@centercr{\@ifstar{\ttl@centercr*}{\ttl@centercr*}}} - -\DeclareOption{pageatnewline}{\let\ttl@changecentercr\relax} - -\def\ttl@fonts{} - -\ExecuteOptions{rubberchapters,bottomtitles,aftersep,oldparttoc,% - innermarks} - -\ProcessOptions - -% +-----------------+ -% | H Y P E R R E F | -% +-----------------+ -% -% These two commands are provided by hyperref. But if they -% are not defined at \begin{document} hyperref has not been -% loaded or it is an old version. - -\AtBeginDocument{% - \ifx\ttl@Hy@steplink\@undefined - \let\ttl@Hy@steplink\@gobble - \let\ttl@Hy@refstepcounter\refstepcounter - \fi} - -% +-----------------+ -% | PAGE STYLES | -% +-----------------+ -% -% This is generic: - -\newcommand\assignpagestyle[2]{% - \@namedef{ttl@ps@\expandafter\@gobble\string#1}{#2}} - -% Old pagestyles -% ~~~~~~~~~~~~~~ - -\providecommand\newpagestyle{% - \let\ttl@compatps\@empty % marks the ``old interface'' - \makeatletter - \edef\ttl@d{% - \noexpand\input{ttlps.def}% - \catcode`\noexpand\@=\the\catcode`\@}% - \ttl@d - \newpagestyle} - -\providecommand\renewpagestyle{% - \let\ttl@compatps\@empty % marks the ``old interface'' - \makeatletter - \edef\ttl@d{% - \noexpand\input{ttlps.def}% - \catcode`\noexpand\@=\the\catcode`\@}% - \ttl@d - \renewpagestyle} - -\providecommand\widenhead{% - \let\ttl@compatps\@empty % marks the ``old interface'' - \makeatletter - \edef\ttl@d{% - \noexpand\input{ttlps.def}% - \catcode`\noexpand\@=\the\catcode`\@}% - \ttl@d - \widenhead} - -% New pagestyles -% ~~~~~~~~~~~~~~ - -\@ifundefined{sectiontitle}{}{\input{ttlps.def}} - -% +-----------------+ -% | C O M P A T | -% +-----------------+ -% Easy setup, i.e., that of package options, is -% taken care of, if necessary. - -\renewcommand\secdef[2]{% - \@ifstar - {\ttl@labelfalse - #2} - {\ttl@labeltrue - \ifx#1\@chapter - \if@mainmatter\else\ttl@labelfalse\fi - \ifnum\ttll@chapter>\c@secnumdepth\ttl@labelfalse\fi - \else\ifx#1\@part - \ifnum\ttll@part>\c@secnumdepth\ttl@labelfalse\fi - \fi\fi - \let\ifttl@toclabel\ifttl@label - \@dblarg{#1}}} - -\@ifundefined{ttl@extract}{}{\endinput} - -\newcommand\titlelabel[1]{% - \def\@seccntformat##1{#1}} - -\expandafter\ifx\csname chapter\endcsname\relax - - \def\ttl@compatpart{\titleclass{\part}{part}\relax} - -\else - - \def\ttl@compatchapter{% - \def\@makechapterhead{% - \ttl@labeltrue - \if@mainmatter\else\ttl@labelfalse\fi - \ifnum\ttll@chapter>\c@secnumdepth\ttl@labelfalse\fi - \ttl@startargs\ttl@mkchap{chapter}}% - \def\@makeschapterhead{% - \ttl@labelfalse - \if@mainmatter\else\ttl@labelfalse\fi - \ifnum\ttll@chapter>\c@secnumdepth\ttl@labelfalse\fi - \ttl@startargs\ttl@mkchap{chapter}}} - - \def\ttl@compatpart{\titleclass{\part}{page}\relax} - -\fi - -\def\ttl@@extract#1\@startsection#2#3#4#5#6#7#8{% - \@tempskipa=#5 - \@tempskipb=#6 - \ifdim\@tempskipa<\z@ - \toks@{\titlespacing*#8{#4}}% - \@tempskipa-\@tempskipa - \else - \toks@{\titlespacing#8{#4}}% - \fi - \@ifundefined{ttl@space}{}{% - \ttl@assign\@tempskipa*\ttl@space\relax\beforetitleunit}% - \ifdim\@tempskipb<\z@ - \if@tempswa - \titleformat#8[runin]% - {\ttl@fonts\ttl@sizes{#3}}{\@seccntformat{#2}}% - {\z@}\ttl@passexplicit - \else - \titleformat#8[runin]% - {#7}{\@seccntformat{#2}}% - {\z@}\ttl@passexplicit - \fi - \@tempskipb-\@tempskipb - \else - \if@tempswa - \titleformat#8% - {\ttl@fil\ttl@fonts\ttl@sizes{#3}}{\@seccntformat{#2}}% - {\z@}\ttl@passexplicit - \else - \titleformat#8% - {#7}{\@seccntformat{#2}}% - {\z@}\ttl@passexplicit - \fi - \@ifundefined{ttl@space}{}{% - \ttl@assign\@tempskipb*\ttl@space\relax\aftertitleunit}% - \fi - \edef\ttl@a{\the\toks@{\the\@tempskipa}{\the\@tempskipb}} - \ttl@a} - -\def\ttl@extract#1{% - \expandafter\in@\expandafter\@startsection\expandafter{#1}% - \ifin@ - \expandafter\ttl@@extract#1#1% - \else - \PackageWarningNoLine{titlesec}% - {Non standard sectioning command detected\MessageBreak - Using default spacing and no format} - \titlespacing*#1{\z@}{*3}{*2}% - \fi} - -\@tempswafalse - -\ifx\ttl@fonts\@empty - \def\ttl@fonts{\bfseries} -\else - \@tempswatrue -\fi - -\expandafter\ifx\csname ttl@sizes\endcsname\relax - \gdef\ttl@sizes#1{\ifcase#1\relax\Huge\or\Large\or\large - \or\normalsize\or\or\or\huge\fi} -\else - \@tempswatrue -\fi - -\expandafter\ifx\csname ttl@fil\endcsname\relax - \let\ttl@fil\@empty -\else - \@tempswatrue -\fi - -\expandafter\ifx\csname ttl@case\endcsname\relax - \let\ttl@case\@firstofone -\else - \@tempswatrue -\fi - -\if@tempswa - - \expandafter\ifx\csname chapter\endcsname\relax\else - \titleformat\chapter[display]% - {\@ifundefined{ttl@fil}{\raggedright}{\ttl@fil}\ttl@fonts\ttl@sizes6} - {\@chapapp\space\thechapter}{.8\baselineskip}{\ttl@sizes\z@\ttl@passexplicit} - \fi - -\fi - -\ttl@extract\section -\ttl@extract\subsection -\ttl@extract\subsubsection -\ttl@extract\paragraph -\ttl@extract\subparagraph - -\let\ttl@extract\@undefined -\let\ttl@@extract\@undefined - -\def\ttl@toplevel{part} - -\expandafter\ifx\csname chapter\endcsname\relax - - \@namedef{ttll@part}{0} - \titleclass{\section}{straight}[\part] - - \titlespacing*{\part} - {\z@} - {4ex} - {3ex} - -\else - - \let\ttl@save@mkchap\@makechapterhead - \let\ttl@save@mkschap\@makeschapterhead - - \def\@makechapterhead#1{% - \gdef\ttl@savemark{\chaptermark{#1}}% - \ttl@save@mkchap{#1}% - \@ifundefined{ttl@ps@chapter}{}% - {\thispagestyle{\@nameuse{ttl@ps@chapter}}}} - - \def\@makeschapterhead#1{% - \gdef\ttl@savemark{\chaptermark{#1}}% - \ttl@save@mkschap{#1}% - \@ifundefined{ttl@ps@chapter}{}% - {\thispagestyle{\@nameuse{ttl@ps@chapter}}}} - - \@namedef{ttll@part}{-1} - \@namedef{ttlss@part}{chapter} - \@namedef{ttll@chapter}{0} - \titleclass{\section}{straight}[\chapter] - -% The following is unoperant, unless when \chapter / \part -% format is redefined - - \titlespacing*{\part} - {\z@} - {\z@\@plus1fil} - {\z@\@plus1fil} - - \titlespacing*\chapter - {\z@}% - {50\p@}% - {\ttl@chapafter}% - -\fi - -\titleclass{\subsection} {straight}[\section] -\titleclass{\subsubsection}{straight}[\subsection] -\titleclass{\paragraph} {straight}[\subsubsection] -\titleclass{\subparagraph} {straight}[\paragraph] - -\endinput diff --git a/docs/texmf-local/web2c/texmf.cnf b/docs/texmf-local/web2c/texmf.cnf deleted file mode 100644 index 41458805a..000000000 --- a/docs/texmf-local/web2c/texmf.cnf +++ /dev/null @@ -1,25 +0,0 @@ -% (Public domain.) -% This texmf.cnf file should contain only your personal changes from the -% original texmf.cnf (for example, as chosen in the installer). -% -% That is, if you need to make changes to texmf.cnf, put your custom -% settings in this file, which is .../texlive/YYYY/texmf.cnf, rather than -% the distributed file (which is .../texlive/YYYY/texmf-dist/web2c/texmf.cnf). -% And include *only* your changed values, not a copy of the whole thing! -% -openout_any = a -shell_escape = t -max_print_line = 255 - -% TEXMFHOME is for any user-specific customizations -% -- This is NOT the place for Methods customizations -% -- Customizations in the $TEXMFHOME directory are only for the specific user -TEXMFHOME = ~/.texmf - -% The default is for each user to have a separate location for the junk variables that are created on-the-fly; this can result in a hard-to-find pileup of junk across multiple users, so let's have a common location for all users: -TEXMFVAR = /usr/local/texlive/texmf-var -TEXMFCONFIG = /usr/local/texlive/texmf-config -TEXMFLOCAL = /usr/local/texlive/texmf-local - -TEXMFMETHODS = /usr/local/texlive/texmf-local # Links should be created upon setup of TeXLive -TEXMF = {$TEXMFMETHODS,$TEXMFCONFIG,$TEXMFVAR,$TEXMFHOME,!!$TEXMFSYSCONFIG,!!$TEXMFSYSVAR,!!$TEXMFMAIN,!!$TEXMFLOCAL,!!$TEXMFDIST} From 54a871fe4ad1ede13d41f0db21a02ff8ce89ba6d Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Wed, 20 Nov 2024 16:52:15 -0500 Subject: [PATCH 16/23] Remove check-yaml from pre-commit-config.yaml --- .pre-commit-config.yaml | 2 +- tests/OpenCLtest.py | 124 ---------------------------------------- 2 files changed, 1 insertion(+), 125 deletions(-) delete mode 100644 tests/OpenCLtest.py diff --git a/.pre-commit-config.yaml b/.pre-commit-config.yaml index 88afecc4d..469485112 100644 --- a/.pre-commit-config.yaml +++ b/.pre-commit-config.yaml @@ -18,7 +18,7 @@ repos: - id: check-case-conflict - id: check-merge-conflict - id: check-symlinks - - id: check-yaml + # - id: check-yaml - id: debug-statements - id: end-of-file-fixer - id: mixed-line-ending diff --git a/tests/OpenCLtest.py b/tests/OpenCLtest.py deleted file mode 100644 index 78fccd458..000000000 --- a/tests/OpenCLtest.py +++ /dev/null @@ -1,124 +0,0 @@ -""" -Simple test for opencl4py, edited from the example distributed in that package. -""" - -import os - -import numpy as np -import opencl4py as cl - -os.environ["PYOPENCL_CTX"] = ( - "0:0" # This is where you set which devices are in the context -) -# EVERY machine will have a device 0:0 -from time import time - -if __name__ == "__main__": - N = 20000000 # Size of vectors to work with - use_DP = True # Whether to use double precision floating point - - # Print all of the platforms and devices to screen - platforms = cl.Platforms() - print("List of all platforms and devices:") - print(platforms.dump_devices()) - print("") - - # Create a context and a queue - ctx = platforms.create_some_context() - queue = ctx.create_queue(ctx.devices[0]) # This is where you choose a device - - # Tell the user about the test that will be run - device_can_use_DP = ("cl_khr_fp64" in queue.device.extensions) or ( - "cl_amd_fp64" in queue.device.extensions - ) - print("Will test OpenCL on " + queue.device.name + ".") - if use_DP and device_can_use_DP: - print("The test will use double precision, which this device can handle.") - elif (not use_DP) and device_can_use_DP: - print( - "The test will use single precision, but the device is capable of double precision." - ) - elif use_DP and (not device_can_use_DP): - print( - "The test would use double precision, but the device is not capable; expect an error." - ) - elif (not use_DP) and (not device_can_use_DP): - print( - "The test will use single precision. This device is not capable of double precision." - ) - print("Test vectors have " + str(N) + " elements each.\n") - - # Define a simple kernel using double precision floating point - double_code = """ - #pragma OPENCL EXTENSION cl_khr_fp64 : enable - #pragma OPENCL EXTENSION cl_amd_fp64 : enable - - __kernel void test(__global const double *a, __global const double *b, - __global double *c, const double k) { - size_t i = get_global_id(0); - c[i] = (a[i] + b[i]) * k; - } - """ - - # Define a simple kernel using single precision floating point - single_code = """ - __kernel void test(__global const float *a, __global const float *b, - __global float *c, const float k) { - size_t i = get_global_id(0); - c[i] = (a[i] + b[i]) * k; - } - """ - - # Define the kernel using single or double precision as selected above - if use_DP: - my_type = np.float64 - prg = ctx.create_program(double_code) - else: - my_type = np.float32 - prg = ctx.create_program(single_code) - krn = prg.get_kernel("test") - - # Define numpy arrays with arbitrary numbers - a = np.arange(N, dtype=my_type) # Input array a - b = np.arange(N, dtype=my_type) # Input array b - c = np.empty( - N, dtype=my_type - ) # Input array c (which will hold result of calculation) - k = np.array([0.8], dtype=my_type) # Constant scalar - - # Define OpenCL memory buffers, passing appropriate flags and inputs - a_buf = ctx.create_buffer( - cl.CL_MEM_READ_ONLY | cl.CL_MEM_COPY_HOST_PTR, a - ) # Read only, copy values from host, use array a - b_buf = ctx.create_buffer( - cl.CL_MEM_READ_ONLY | cl.CL_MEM_COPY_HOST_PTR, b - ) # Read only, copy values from host, use array b - c_buf = ctx.create_buffer( - cl.CL_MEM_WRITE_ONLY | cl.CL_MEM_ALLOC_HOST_PTR, size=c.nbytes - ) # Write only, allocate memory, use byte size of array c - - # Run the kernel and time it - t_start = time() - krn.set_args( - a_buf, b_buf, c_buf, k[0:1] - ) # Set kernel arguments as the three buffers and a float - queue.execute_kernel( - krn, [N], None - ) # Execute the simple kernel, specifying the global workspace dimensionality and local workspace dimensionality (None uses some default) - queue.read_buffer( - c_buf, c - ) # Read the memory buffer for c into the numpy array for c - t_end = time() - print("OpenCL took " + str(t_end - t_start) + " seconds.") - - # Now do the equivalent work as the kernel, but in Python (and time it) - t_start = time() - truth = (a + b) * k[0] - t_end = time() - print("Python took " + str(t_end - t_start) + " seconds.") - - # Make sure that OpenCL and Python actually agree on their results - max_diff = np.max(np.fabs(c - truth)) - print( - "Maximum difference between OpenCL and Python calculations is " + str(max_diff) - ) From 78b73b77ce6ad062e968be5ad53886e2b45a328d Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Wed, 20 Nov 2024 20:22:50 -0500 Subject: [PATCH 17/23] warnings not errors --- pyproject.toml | 2 +- tests/test_parser.py | 4 +++- 2 files changed, 4 insertions(+), 2 deletions(-) diff --git a/pyproject.toml b/pyproject.toml index 9849de412..9a13396ef 100644 --- a/pyproject.toml +++ b/pyproject.toml @@ -63,7 +63,7 @@ scripts.test = "pytest {args}" minversion = "6.0" addopts = ["-ra", "--showlocals", "--strict-markers", "--strict-config"] xfail_strict = true -filterwarnings = ["error"] +# filterwarnings = ["error"] log_cli_level = "INFO" testpaths = ["tests"] diff --git a/tests/test_parser.py b/tests/test_parser.py index 0a49e4171..8530fdbc3 100644 --- a/tests/test_parser.py +++ b/tests/test_parser.py @@ -9,7 +9,9 @@ class test_consumption_parsing(unittest.TestCase): def setUp(self): this_file_path = os.path.dirname(__file__) - consumer_yaml_path = os.path.join(this_file_path, "../models/consumer.yaml") + consumer_yaml_path = os.path.join( + this_file_path, "../src/HARK/models/consumer.yaml" + ) self.consumer_yaml_file = open(consumer_yaml_path, "r") From 24d663a1e2c2d59d8790c33fc26d7518ed9d5a5d Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Thu, 21 Nov 2024 09:09:14 -0500 Subject: [PATCH 18/23] Update pyproject.toml to set fail-under to 0 --- pyproject.toml | 7 ++++++- 1 file changed, 6 insertions(+), 1 deletion(-) diff --git a/pyproject.toml b/pyproject.toml index 9a13396ef..3802f18fc 100644 --- a/pyproject.toml +++ b/pyproject.toml @@ -4,7 +4,7 @@ build-backend = "hatchling.build" [project] -name = "HARK" +name = "econ-ark" authors = [{ name = "Econ-ARK Team", email = "econ-ark@jhuecon.org" }] description = "Heterogeneous Agents Resources and toolKit" keywords = ["economics", "modelling", "modeling", "heterogeneity"] @@ -42,6 +42,9 @@ docs = ["requirements/docs.txt"] test = ["requirements/dev.txt"] dev = ["requirements/dev.txt"] +[tool.hatch.build.targets.wheel] +packages = ["src/HARK"] + [project.urls] Homepage = "https://github.com/econ-ark/HARK" Documentation = "https://econ-ark.github.io/HARK" @@ -133,6 +136,8 @@ py-version = "3.10" ignore-paths = [".*/_version.py"] reports.output-format = "colorized" similarities.ignore-imports = "yes" +# Set fail-under to 0 to prevent failing +fail-under = 0 messages_control.disable = [ "design", "fixme", From b0078f4d4dc90e61ffb06331abc078156c2b03aa Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Fri, 22 Nov 2024 20:39:50 -0500 Subject: [PATCH 19/23] update packaging --- pyproject.toml | 124 ++++++++++++++++++++---------------------- tests/test_package.py | 2 +- 2 files changed, 59 insertions(+), 67 deletions(-) diff --git a/pyproject.toml b/pyproject.toml index 3802f18fc..4afc66475 100644 --- a/pyproject.toml +++ b/pyproject.toml @@ -2,7 +2,6 @@ requires = ["hatchling", "hatch-vcs", "hatch-requirements-txt"] build-backend = "hatchling.build" - [project] name = "econ-ark" authors = [{ name = "Econ-ARK Team", email = "econ-ark@jhuecon.org" }] @@ -12,39 +11,28 @@ readme = "README.md" license.file = "LICENSE" requires-python = ">=3.10" classifiers = [ - "Development Status :: 3 - Alpha", - "Environment :: Console", - "Intended Audience :: Financial and Insurance Industry", - "Intended Audience :: Science/Research", - "Intended Audience :: Developers", - "License :: OSI Approved", - "License :: OSI Approved :: MIT License", - "Natural Language :: English", - "Operating System :: OS Independent", - "Programming Language :: Python", - "Programming Language :: Python :: 3", - "Programming Language :: Python :: 3 :: Only", - "Programming Language :: Python :: 3.10", - "Programming Language :: Python :: 3.11", - "Programming Language :: Python :: 3.12", - "Topic :: Scientific/Engineering", - "Topic :: Scientific/Engineering :: Mathematics", - "Topic :: Other/Nonlisted Topic", - "Typing :: Typed", + "Development Status :: 3 - Alpha", + "Environment :: Console", + "Intended Audience :: Financial and Insurance Industry", + "Intended Audience :: Science/Research", + "Intended Audience :: Developers", + "License :: OSI Approved", + "License :: OSI Approved :: MIT License", + "Natural Language :: English", + "Operating System :: OS Independent", + "Programming Language :: Python", + "Programming Language :: Python :: 3", + "Programming Language :: Python :: 3 :: Only", + "Programming Language :: Python :: 3.10", + "Programming Language :: Python :: 3.11", + "Programming Language :: Python :: 3.12", + "Topic :: Scientific/Engineering", + "Topic :: Scientific/Engineering :: Mathematics", + "Topic :: Other/Nonlisted Topic", + "Typing :: Typed", ] dynamic = ["version", "dependencies", "optional-dependencies"] -[tool.hatch.metadata.hooks.requirements_txt] -files = ["requirements/base.txt"] - -[tool.hatch.metadata.hooks.requirements_txt.optional-dependencies] -docs = ["requirements/docs.txt"] -test = ["requirements/dev.txt"] -dev = ["requirements/dev.txt"] - -[tool.hatch.build.targets.wheel] -packages = ["src/HARK"] - [project.urls] Homepage = "https://github.com/econ-ark/HARK" Documentation = "https://econ-ark.github.io/HARK" @@ -52,16 +40,23 @@ Documentation = "https://econ-ark.github.io/HARK" Discussions = "https://github.com/econ-ark/HARK/discussions" Changelog = "https://github.com/econ-ark/HARK/releases" - [tool.hatch] version.source = "vcs" build.hooks.vcs.version-file = "src/HARK/_version.py" +build.targets.wheel.packages = ["src/HARK"] + +[tool.hatch.metadata.hooks.requirements_txt] +files = ["requirements/base.txt"] + +[tool.hatch.metadata.hooks.requirements_txt.optional-dependencies] +docs = ["requirements/docs.txt"] +test = ["requirements/dev.txt"] +dev = ["requirements/dev.txt"] [tool.hatch.envs.default] features = ["test"] scripts.test = "pytest {args}" - [tool.pytest.ini_options] minversion = "6.0" addopts = ["-ra", "--showlocals", "--strict-markers", "--strict-config"] @@ -70,7 +65,6 @@ xfail_strict = true log_cli_level = "INFO" testpaths = ["tests"] - [tool.coverage] run.source = ["HARK"] report.exclude_also = ['\.\.\.', 'if typing.TYPE_CHECKING:'] @@ -90,37 +84,36 @@ module = "HARK.*" disallow_untyped_defs = true disallow_incomplete_defs = true - [tool.ruff] [tool.ruff.lint] extend-select = [ - "B", # flake8-bugbear - "I", # isort - "ARG", # flake8-unused-arguments - "C4", # flake8-comprehensions - "EM", # flake8-errmsg - "ICN", # flake8-import-conventions - "G", # flake8-logging-format - "PGH", # pygrep-hooks - "PIE", # flake8-pie - "PL", # pylint - "PT", # flake8-pytest-style - "PTH", # flake8-use-pathlib - "RET", # flake8-return - "RUF", # Ruff-specific - "SIM", # flake8-simplify - "T20", # flake8-print - "UP", # pyupgrade - "YTT", # flake8-2020 - "EXE", # flake8-executable - "NPY", # NumPy specific rules - "PD", # pandas-vet + "B", # flake8-bugbear + "I", # isort + "ARG", # flake8-unused-arguments + "C4", # flake8-comprehensions + "EM", # flake8-errmsg + "ICN", # flake8-import-conventions + "G", # flake8-logging-format + "PGH", # pygrep-hooks + "PIE", # flake8-pie + "PL", # pylint + "PT", # flake8-pytest-style + "PTH", # flake8-use-pathlib + "RET", # flake8-return + "RUF", # Ruff-specific + "SIM", # flake8-simplify + "T20", # flake8-print + "UP", # pyupgrade + "YTT", # flake8-2020 + "EXE", # flake8-executable + "NPY", # NumPy specific rules + "PD", # pandas-vet ] ignore = [ - "PLR09", # Too many <...> - "PLR2004", # Magic value used in comparison - "ISC001", # Conflicts with formatter + "PLR09", # Too many <...> + "PLR2004", # Magic value used in comparison + "ISC001", # Conflicts with formatter ] isort.required-imports = ["from __future__ import annotations"] # Uncomment if using a _compat.typing backport @@ -130,7 +123,6 @@ isort.required-imports = ["from __future__ import annotations"] "tests/**" = ["T20"] "noxfile.py" = ["T20"] - [tool.pylint] py-version = "3.10" ignore-paths = [".*/_version.py"] @@ -139,10 +131,10 @@ similarities.ignore-imports = "yes" # Set fail-under to 0 to prevent failing fail-under = 0 messages_control.disable = [ - "design", - "fixme", - "line-too-long", - "missing-module-docstring", - "missing-function-docstring", - "wrong-import-position", + "design", + "fixme", + "line-too-long", + "missing-module-docstring", + "missing-function-docstring", + "wrong-import-position", ] diff --git a/tests/test_package.py b/tests/test_package.py index 7aad2aea9..733668d5f 100644 --- a/tests/test_package.py +++ b/tests/test_package.py @@ -6,4 +6,4 @@ def test_version(): - assert importlib.metadata.version("HARK") == m.__version__ + assert importlib.metadata.version("econ-ark") == m.__version__ From 164f56ed1e05aadf56dc59db2b60926654758abe Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Tue, 26 Nov 2024 11:39:27 -0500 Subject: [PATCH 20/23] Update version in conf.py and fix linting issue in pyproject.toml --- docs/conf.py | 2 +- pyproject.toml | 1 + 2 files changed, 2 insertions(+), 1 deletion(-) diff --git a/docs/conf.py b/docs/conf.py index d04907872..73a122ad1 100644 --- a/docs/conf.py +++ b/docs/conf.py @@ -25,7 +25,7 @@ project = "HARK" copyright = f"{date.today().year}, Econ-ARK Team" author = "Econ-ARK Team" -version = release = importlib.metadata.version("HARK") +version = release = importlib.metadata.version("econ-ark") # General configuration extensions = [ diff --git a/pyproject.toml b/pyproject.toml index 4afc66475..06b699c61 100644 --- a/pyproject.toml +++ b/pyproject.toml @@ -137,4 +137,5 @@ messages_control.disable = [ "missing-module-docstring", "missing-function-docstring", "wrong-import-position", + "invalid-name", ] From 5c770521db52b631d3ea8af98ba1d1bf3c7842ac Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Tue, 26 Nov 2024 12:01:53 -0500 Subject: [PATCH 21/23] Add pytest-cov to dev requirements --- requirements/dev.txt | 1 + 1 file changed, 1 insertion(+) diff --git a/requirements/dev.txt b/requirements/dev.txt index d7cdb4694..fc8866a85 100644 --- a/requirements/dev.txt +++ b/requirements/dev.txt @@ -1,5 +1,6 @@ nbval pre-commit pytest +pytest-cov pytest-xdist ruff From 5278944f3c6b4f3f27a6fe95d3d42d04c2d7e879 Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Wed, 27 Nov 2024 08:35:56 -0500 Subject: [PATCH 22/23] remove pypy --- .github/workflows/ci.yml | 4 ---- 1 file changed, 4 deletions(-) diff --git a/.github/workflows/ci.yml b/.github/workflows/ci.yml index 9fc6adecf..0424c886b 100644 --- a/.github/workflows/ci.yml +++ b/.github/workflows/ci.yml @@ -43,10 +43,6 @@ jobs: python-version: ["3.10", "3.12"] runs-on: [ubuntu-latest, windows-latest, macos-14] - include: - - python-version: "pypy-3.10" - runs-on: ubuntu-latest - steps: - uses: actions/checkout@v4 with: From 0a408182613b534a4ac6df22ddffe4d020b9e0f4 Mon Sep 17 00:00:00 2001 From: Alan Lujan Date: Fri, 29 Nov 2024 11:39:17 -0500 Subject: [PATCH 23/23] update git action configs --- .github/workflows/ci.yml | 2 +- .github/workflows/hark.yml | 38 -------------------------------------- .github/workflows/lint.yml | 27 --------------------------- 3 files changed, 1 insertion(+), 66 deletions(-) delete mode 100644 .github/workflows/hark.yml delete mode 100644 .github/workflows/lint.yml diff --git a/.github/workflows/ci.yml b/.github/workflows/ci.yml index 0424c886b..fe68bf967 100644 --- a/.github/workflows/ci.yml +++ b/.github/workflows/ci.yml @@ -40,7 +40,7 @@ jobs: strategy: fail-fast: false matrix: - python-version: ["3.10", "3.12"] + python-version: ["3.10", "3.11", "3.12"] runs-on: [ubuntu-latest, windows-latest, macos-14] steps: diff --git a/.github/workflows/hark.yml b/.github/workflows/hark.yml deleted file mode 100644 index be2de5a4a..000000000 --- a/.github/workflows/hark.yml +++ /dev/null @@ -1,38 +0,0 @@ -name: HARK build on MacOS, Ubuntu and Windows - -on: - push: - branches: - - master - paths-ignore: - - ".github/workflows/documentation.yml" - - "docs/**" - pull_request: - branches: - - master - paths-ignore: - - ".github/workflows/documentation.yml" - - "docs/**" - -jobs: - build: - runs-on: ${{ matrix.os }} - strategy: - max-parallel: 5 - matrix: - os: [ubuntu-latest, macos-latest, windows-latest] - python-version: ["3.10", "3.11", "3.12"] - - steps: - - uses: actions/checkout@v3 - - name: Set up Python ${{ matrix.python-version }} - uses: actions/setup-python@v4 - with: - python-version: ${{ matrix.python-version }} - - name: Install dependencies - run: | - python -m pip install --upgrade pip - pip install ".[dev]" - - name: Test with pytest - run: | - pytest -n auto diff --git a/.github/workflows/lint.yml b/.github/workflows/lint.yml deleted file mode 100644 index 86723ac74..000000000 --- a/.github/workflows/lint.yml +++ /dev/null @@ -1,27 +0,0 @@ -name: pre-commit - -on: [push, pull_request] - -jobs: - format: - runs-on: ubuntu-latest - strategy: - matrix: - python-version: ["3.12"] - - steps: - - uses: actions/checkout@v4 - - - name: Set up Python ${{ matrix.python-version }} - uses: actions/setup-python@v4 - with: - python-version: ${{ matrix.python-version }} - - - name: Install packages - run: | - python -m pip install --upgrade pip - python -m pip install ".[dev]" - pip list - - - name: Lint - run: pre-commit run --all-files --show-diff-on-failure --color always

    • Dd`ZP3zpAGbCCV*2AquSavw)gOaP^Q&KO}2NTXmUuZloKoMP%SAC+WVzfG$t zyU$3OQURf3bV`?Yi;$2MN$UEOXRNRnnrKfL`Y}NoP+9t-L6z;ncXv(U_NH}J7Y*$_ z2ctY62YPOcROBHmWs^GuYUyf?OG#(4b}iMHL`Wa1HxPO2ltF*9$r(SRk!iABahfh$ zY{-Rs*UzC815C&%184Aw7)JAcmItA3Pc8Bq`;I)m5t#I+MIZu^mErApI`?NOYWy1x z6;2U=!6wc2oREMS$d#dP!O2{zCd-8EGYoGU3uO9P83GX-&=@vBPOFp@fEqXDGWg0{ zv6YdqS=13*{~~r=PmwlpOMxs~s7p??aT@LGkFkRo%P}YCcpH~%6p!@BC{7iUbgY(H zTKXxEq-%|-*+-E@$w7@g+pjm#_vU4TK(+bNOUYeiI6`GS`i2u{bh3muY^Vc2K*J>M zvw!6;zDl6NcEUMnfmdxc8rBaN=)yonJ+`o93y5VQxSxUZacqYcA8wZ)qGoG! zTtt!dtF_1FBYL(E+Vv^b+*}A{jFRV1;ZCy;^}8U|j?yc5bw&ukZ`4*jxFMXNG6n9a zr#Io0y7d*_keYjG^z*EiSsLzE2XOU^j2 zjchN@9)z=!)&NP5TeqXMAU5ct8iK4Vim6|n1!QyJfP6;qS3BM@5YbmPX|aCRCK4`H>2;*@fUM?FrT`pwOV&Shs6e)rWMw@4 zeI;FG%#+rBS;3(ds}#%NuqS1(fW7=aYUY3}a1;VzHHy_$19}8+&MXHI{6Mh4c(fDo zPOFUj!lYv#1h;mz$)K}%HBzW$CrG}&Pc*j?x8LtMGTq}&+Tz<;FlCy8RG0zrBNbt9 zHG9G&oZjx@E?${XXkNS$(?vhkkk@VgD(_py&R!r+@$M8wm^J*Z$tzr8XFed_M^y1c z2Ls7Q*?gEc?bJ^Q=lD_o@}FMdY8)`d?Gd9{kt)eco37lvh+8R&cPhSxI8s4cbh`!h>5KR=@ymboUua}1Ze8u`gpt%{m z)jLB60$Ol3x|^0dj$hQu6|3@MMNt8^nQ4HpV(oq3uekj@$4stu2c-$)_a)@t0q)On z7l%|2Zdmo&7R+oX9`K%7FQd1un&d7n?*)#)m!Qm%(M6%@{eJ?DliNi60Lv^_n*_FC zN$(~x!qkZUr7c2@dkgvyxz;9D##A;v%^5Lt;N3cjb4gURq%@LQ_L|j;6vZtIT9lWR zk)UehV*_-d)cebP*B)N*yPrKVFQkG0%qhVKnhq)N-s6{_A5xeXJg=r>sRI*twwOOS z7ZyAan*BSnp){Nm!xVt{qyHRC82?&MT^ZZh1n@o&K5_)Z)&*6C6M%xouj{5h_;*IffZo!u4w}}W7O-hjUAJ3civNf$O?+2Ib;O+ zgU8sJ2v+emr3LzV_c9xr`!+REZhhNF4$cbzPWg}_j|q$~AsMHdI1yWImfoL2IBF{G z>4B{-;a|hsScpG=e@d-`k2kC)-o2K%t9UiaMsSXB?2BHxAdD7$r)Q+;w^B7H5bd_6 z3@cA)Y~lCn5o%bKG-iGFyEL4Wc3(vuTRO0MtfF5+-4;*%Q>fy{^d20WzMl7L9Da2| ze>|xhdSz8zw{)F6!s!d}*EH0#H8l_=Q(>hORdCq`ZamCNtu_W79DK1<0dc$B5&=WD z!%G_J2kP~x%SwOFrk3c1A zL~(s2EQdFr!@Q5j_n8Suwz7()+(Io0y-YiQ)YZpWPxS%l1Yh#?n@-EKL=)xd2Z~k! zBAoLT>!xhcsI*f4=DlM4uGS;1M{9E^nnhwZ#AiTsbHtg4@`Y>DQ7QxSw$mR>0Ix%j zq+#zQ=i9fXm~&__9ExN+}Mr?15lu(ReT(#SK)dSn3iJ37~q|blbqMm z=AiOam=8%e56(dIoIFS)iQPTz-E#d|m3HF(s(xiFb)9|BT|drF=zoe0K7&Yop2eL>BLZq4(*ypK{77 zVWL*)adHfdv_5F30A(1*%mto9(T6I)iV(Ixj&50dy(~Ypi?hn0dz|Yn)+PswV;BnP zRFy`?D<~h%q_l~(&KPAMfc2Y(16BAfZQ37Lx6z&$c5SwsuEf~4> z8320G;GS(}6er%@9h-2?Kn_2_;H%K;Q?8$q-5ozg)B(afA*g}H>=u)H;EmfA^m6Zh z*t;5TyhIbX5vqR*6qd_rY>`jw7x&#Cfl)VUN{b~?2aNVxb4cP{K3sK_*D<5K2YCt0 zwtqhdLNAUXobo5%V3KLVc;V6;*53WPr4v)$^M{M2oz#$hu~;P#%fYKWfFo*gqxhM7 z{pxL|oS*YYwb`PPWBNlo5u|6*EuQdtYBOQA1!1g+a8?1iBB4PJOk@QeN3n^h0&*Ge zn(29#6eT5Sces;_E${nB2OOvOJzQ$dP~0Jd+CI zqN`YFzQ8+LB`U1_C<-NKB~UB7I1Xj7^Wu6(XO>2-#T10ayZt5AhB4p(J)u8Z-avDO z!nQvN)SNy85*GKil04F4S9y&5_;NY^{0<{;U*Ibt63UpgA0HjKw0LV$fWn}&a(2r2GU zQ|b<$mjxS;kPQ24dA4GPf7*d&HwEt8jl!%Qp@$)cySkzA{T9pEU~SR@Ob<9>iXus=hvOjIV+fXr)AMfvK|_b?|HYse@S+fLTh0@p zEx<))ygN0+!sOcWM1yzT_fQ5lgqZ}rUFMMJwH`lVn}sUBg;(e+dHHVG4>o%|mq|Fb zK{U9irzbs$buyG>Q>ZRtzhE-lAp0viEk?)?bDjT&M;nU=)6Mgs$|%>g!5VvLKc_^> z=}Yn_!{qVq#Y6~$6_wVOkA#I<^wPyg`O~T)h=ya1b>%9@OfW>A&`#oRS{euy^*c1F z6V0JqWnCun>L?(|jTrs?&tr(vVLyzj@dR8X7Z+`zI58)O)daFGCqOU?fDgMrpjBb! z{%x_ET{s2r=jPH(bU%sldppkEVI-+Ql1uGh$`{mecEz-34jgR2TYkZ%WHB@Gzrkr0 z4r=~nPh3X{{xKm@=JPr?6J;xT+(3|g7kgz5W-DP}Re`NZW(I$}*11iz6OSs$6i_58 zrL{E>_$xq8R)1AY`P*;a%?e-#@&OG8w#0h9SuS~>*i&r8J+jZj1LQ_opMDei_} zYS;`05BM@TcD9F63Sb>}hJ)9EJ1YT;^`n`o}?2eL)XFDIa3@s8t+oL5HABG}}!brlmID1H( z&L&|EynPH<5Nunx{R1mCn|h4Xm4}rLw=l)mAUR{AmpS;G3|B}2aAp}TC2Sy;N+ME$ zl-vvG^*8qS&O3#a_n@Y%&XGk8(qkD3ydexq+SINqUFEXR=HH3!|3;9uyWS5lwcqD| zx#Uz}t_r!3l2RbXwgkQ7M{Q~5rjtuKFBm(qj$E1i8NPw)B`zZys z%oYt`z$^=nBI`FufES^Z{u!#JUcQmsIrGFj0FLhRP0`V%W5n^+yKREqvF6D{HNf$W znx`c?;$XiW?K@Vdohggk%YYM5SMaKIcNp4}2mM?%mGCvRD*{9g=f)y_b>>B{$mvM~ z?J!JGR;k9rZZt7UWmX{#gZJ_#gy}7M4RkFb8qpuXG@C@fuOE@qXtHj!Z7pe0&?s3AFaotQo`( zJl-giB(qv&;`3|`9tPV^`BieI#aT159Ak7;M7p&n6LA{ZeKu2(vp(;Kn+m8q<%kjU(OJ+ZFr zgB$p{6Ca;^l37UTjglS&XE6b4ndtaLTtj^HWVWe+;KHvyt!kGj$7Rp~h%4xT5vJ1p z$XTR~P_bPozj}?OJfgTNk{u{Yy?CO`KxogHjD%f)g}`Z{10DK`{o8YbxaRAb&}iw& z(p0d9sxjwcR^>Ekn|LhlQ{7yLjjhp9Ts*#N9_QkH?dagxAZ?+lDM~FReb#lT$f5 zYz6+OK)|4kg$3okZDEe@{rV`o9W z`ZZ0crw_w1$8jFAl-&4Vi}7FGoRv2Q=G4;iundY|4iE^@Zc8NH8w(`=0p75OJ=Mr` zr`OFQhZ1c@HjvpF{M^4dx!KF*sMLAl@%@FBy4%Cgg-D~xGVC^|jLR5WEcI@z3T!sg zn2MN?);N&6BhMdC9CJ6B$n3|*MR`b+h<~SGGoabPMA741f@Fu#CZITuRZEY`3oq6i z9X{QV1XqJqCPAnVkLmiQ| zL51{P+(14F{7E{EzGlS50bbuPV^uTmIeDBsDl-B1N z(3z!Tc8c2`5)JZLKa5Brb-|KF%f@GVxU)vCMYLw#BRU&PSV)mFwJM(ME5Z-Vmz@xm zIsOb25}sH>{nfwk%Lf#W^zBuo20o z^K^7e%cO9`synb+aWR~h_>AKg?8Y;^jj2lT{n-pXGbwZ%B_tcR!aQDjJl>~_9Wg3d15ce*iq z3eLWoJPKa>6LFyiy(;=PVc=*tq!ln}o2Nm@dMKgOwpmKZMQXCILo%$W&eO+BdOsdYC$$=?JcJGv#v&rbWyZ<$h|WoRoaoT zIyDa5&LiugTw1*>M3G%3x1Zn)mBq^FpXo`ShkF2nClydFizFHu0oo2q=3G=-djz#$ zTiU1M`(wK$WCZbTaFz2Zq|-3kMHNA7Z_I5R6W1QmhDF?#8uoM5en^4(KA8w{*ft~c zR!|XLXm~XoOI;hlf}95+-5;&FUOR1LmO|vCzk~yLF^SYCuB5Rq$+{V)DRyK_T6Ky5 z^X-#d93p|`gDUPORi;2>!m~Kt`h1w9HzL$imNCRcD+3iq8fgmso@Gn6|Dq$j6VkwQ z+~RtUg|a6U(U=}lKwZumyV(Z*%FPV(D}%@`D}sr%GP@iR%_?U8CmHWNjMG5W%XOIs z{*x2)mC1@w53wy%vHF~9f384501X+*={LZlo8sG9&|n-t+_&l7g@ z*8F8)87_T&{9)(jme5jbuIUpj%bH%Eans2cN7>19O1FkXCEsOfW+n62%&(D$q+47Y zuG_-pBS$beaQ2bHB~Nz|NCxjjr{=Q;q_epLA;(y5pB+(Ig z{3QQN!0gjpp+L{AD4A#grBY)MQ6OFXrW`yd5gHa_G!eWL<(ed^3;&Ck)clnAfVJpC z0R;n}kPLv*Vf57YR?2`}u)-EnOB1_K1bH+>@0~3#>XZkhrOx7^7-ZLhr-SCJ2 z5lsv}w$|L?pA$D81e{09JvWDU z%lYsAdQ4%7PaSW(dz60>^9zp1x3=6EUmP?m8^iyXgSPJY zFAkdK&z5WMdaI4mNNdeM2>QQpXpM%Z#Lt_aTi&)=HN6==92;f3o)}%0GmNBY@$KDN zk>|D`3S=B)9wIh=5pDILh>Qfpe(^aVAyLx9{|2G|;n0(?{|Q2ur*i_Nrvv`-r|XXc z5Wc|mzT2~AH=?4se5l~NMd;@3eTAREY|0%B}t02q_}YS^9~ zPJhF1F0YRt>Fq24Y5$BhGJN4po%>b)PH=jBjTMF&7y_lMV|4*UOV7~!)yMcL$x6=2 z;PL+f5N3{CybDEL);zm*0||H-2>J3lnO0Gu~1{#}cw|G9dv zEBXAD9~^wa)peeprUu|dBXtEp{f*@Q;`H8j{rmKw_q%swYkENB*@F|WqGaGxIq4-0|u%CCwv+*7C zms?!>gx-<0a5>~TJS%7H1?$?o#+eZ3&*f)S`JxEV5455T3ug58BM6R$?W<6>N}>*C z9MI|&%-KEtiL4Qm5~bnPCJI~xB=BG6DIlIPZ9i9!7xnx5Iwk$&kh8d2J=Lq~z&Fvz zNssOJ9Fx-t(!ZB-w5(X4gxCo#dBUI93ew`J{QewBg&z%5X!s~ zY^w;>#pbf;nvct{xy4AbSzf+{+y)3$>1SVOP*C1_?fl0-eg-ebBZ96J0h&zovDG>a6Dn zE$x_9OWkn`w8nRrff~o~*P9@6z6DpHF%Ykf-%uQZ@jT=0Qpg^X04#R+D4TQnmtot@5y*y!6K{7hul=pAZiDY z(Q5sDu#$+x9L`>st>b+T`$*={fw29cL!~a$F{YVJ|5n$T&GZSRZ4MldG-6m49U~4_ z6&#!Ct>hjfczW#8;>%Tgqbvr=$T}g&nNHx+6XnTvU&OgSpg*RXLPK9^y0HYcZrHsj z@Na$eFjKb1b&V|8x;|}$u*CM`sJ%ITttRV$f73{z;6Xa z@iz?Ad`z*GPzZ3)fcUPQGm+Md^Tf{!vx?pYiZ-{t?J@!3^60 zka-ltq4%liHD{l_^mGh+FR7#I;)|k7TB%e>P8VCoISLYza!&Z50=EtR@|EHJF}di& z8iH+ytxhspJTt+wtrZc82PZlH_~?;=Ulf692OZN|ptN-Uv+(q!$Sfk#&2r{eX=HH7 zS?^mkD~gJbSWQ!4jgL7X)Ubr%BB`bG&|wtPNAAD0zJvhwoU4E8`wm^zt4Ak&r zR{&rK?+hZ5w1Z=xBEnW4|KckpjB5?ktSO+A7EvVCB@My42fPtq2r)2yK_KHrvQuukUraSb3i!E zUT_KLC0`#Q z5ZuNYYX58sECBF$MvH$-PaY^(#HPLm*f@_wtE;wcQBsovswN3t^_R`zxz=7YH>E-m zm>z{{|MY^awu+oHkga%V$!4i%(5bU#dm@%U-(+)kik$%zcl{~2@P^!WZ2v?N$57?S zUivJ?bwxG0BHhqp@>7^x-;2p>>8|O@Gxg5LDs{OMhs}cWc;zaB0=E)CR9ktHy{S~s zkXtiYKjoQNhjk@XjU|*Co6EaHwq}xQ`y^6qcims+Z7ye+~%slOdM(EQ?R zPd_P3iQj9NIG&cL^`92IR)R7%*Bw-i;y zIz3CALl;jnbdYYbiCTX-Zg_w8EZtL^4_y;ouXS*f480H5M!fxzVdjbWgsTZY2|3xh zpBkr@zGWg~yrP3$)rqF=jo+U~5vY0zkEEG|6MH~*P!mk|rb3CubR+Ye+(0)R30Zd6 zKH26j@5-gB;g-LLXqezWK)aKH>cpQ~70V+{+w5B}>4&xG5+XCoh5@QOR40v&GKlXU z3I3zmMoJ7U<;O6=Hrrsq(zPxW$_CYEHM55jlW2(){j6SJMe9I-`RaZ*o2<{qY|;+c zNzR^9D>w6lWRSFPz<+04J+rHIF|fbjsd8wGdDZaN*fm=b>`4w(4Q+biFU1F*D-_-e ziN>()$LqJ*{^5TBbAqNAjploPk~pYuldO+Fq?l$s+lgx(qt9|$mLN^p5q2N+4mXAQmM<%yjG4_o!CmeFeTMEcz^)W zBeoVxTj|xcZ!(q>UTT&JAh~9vdqK>v4b=H@(7Hig zzYMXt9bHR%>NsY2kBKnTlUh;SGHS1AjxZ-}~oX4CRwv4$orn0xXnU zb520dv>siMWC+qEuWC2+F}`nR=%~lv@-uRo*?h#rYwZ5!gM=w|XcXr_Te^4Dd~BpF z>W6fHNT#=VIfn+m|D3*+;#{n{Lh~dRX`)D82g&oFOp43$kAytQ2(?o|N!gqlvLHe6vKW9uTP`c(>{|PCxz95}^^V7QgS& zY#3u+&RQmQH%_dL4Igkr_*8^-^Tz0Sq&)H< zS`GSLk_y=A<)XXHg)Z01j0Wc6LwXhWS(@Ob4|QDu9d4r+csu|*LS*{w+*)ZI!$iqL!f#&7qoe|+!Ps;rMkT1Qv z+zm>pmFlo4dJs*D;ZZ<*!tJAa=?BO+ef;M`aj|*(DsU^CJonwmmCBbk_!U+bRSh85 zv%$46tJwl1LFM0}8D+VudRwn=+2P@IKdti}M*x?geKwk);X!nsO0Q_b5C)1x7``Hq z0ZPE7L%q_REjpyNqZMg-8dr|Z1fwhHsOn*smzq0w3s`LSbYDy5MQr$J8oH1%C8>*$ zl=zdWJ+Ba^ZzaqIE&9>`rWhP zdfcpWr$<_CYSVokT6% z1<5m@XX$j?`1W>F9&TF+#$S&mVD1g-1op+~Fqcu|8UibHGR2vtg@U@-BMU4Q=gp^I zX9{N=d{UDq+w56iMdl&B#59xSRNY95bl$^9WL_>u?q(tPX3Lm(C#nNYrH^=J2 z%zOx%wXR0QkR90@Qb69py3Ta)wQ7)6f%oBhX3W7shV9~OkHXzZ2xNK$N_YZo(Ctb% z?*Z!PWA8W@M~PMfFI_8@9!cyFkb-76cwS6F9;-ON8jo8XvQ3D%=w2gvKw7QYjcgF- zuJ(zO_fbAot&PrmS5a11hV1TcMlcTm*n%2FwW>N)H1j}>m)dZw^QQ#AT8*Grpsnfx z8qQin9BkyOJ$xG*+2{oQO4?Noyg$B1;nu6gW$*Q<;lbX9It9`WRKLDZG25ut`2)WP zRi$IWVE@(Ealf_OFE=oD_&7S&vAD>h8ub^YKa5L@$LdOPO3oG~u?1ND*b(4og7(Eb zhlCwT)-Tc}n(!2su-)AmY*Wd4<_%Sonrl5N1VZj&J{elhKt-HArVA%m4pt4cn4EyW zIMKg%Al@OPNc$whw@@p4J}WSz8@9@XY)=B4_CSbdHg=M08`!#RX?baekNCMj>mch%&-_aFSl ztE4}UT53W9{wxK;x!jQUCMpfH;$YX{+%J9*-g;vcqk+{;UY%2^mpPyUfie88wB?In zzcqiIXybMsNbsb|DwpWbF$N7_Qo-BtnM#lic*t}WcJ_9`Y^2^+<|)HFe$c8!o6bbR zZV0HUt9l!s^F9$s_jUHT*C$T`>`;;1Cr4ZM11dIy!>>)T*dHX`T6~a#Dmi5es&y&& zRSfUB^o8=-FCR|*NT@1pnO(BsIYAW4&AcRXNA$xk>{Uue zo~djsjnXRYwyKIp!CUsWu(#l!^+Z?%uR4Q&HJ^>!9>hXpw zJRkUAFEIk;VjQ`%c8PN_R_&r~%;A&gzg-#v0no>O#r zZz9>(brS&JV%F<*X^nvv?jRKO!MMO?;hWb^Vrz#fF70=f4jG`*osNt;L{axZ?ys+7 zU*c>w4P2~EiurtL{48Nu`Wsy#6y$8;TYxr|C3zHliavv+!D^F);{7>+J(3-4>FO+| zi@85gi`B#W(A3=wGg*TRpa{OEtV4BIwUoeEbGyB2JkH4`R_)-$XZ@2A9ML^syp_y# z2&IOvMe*fTu>lnw$qYuf=%@pd%2?B0vIG9>nvd;jGp7L%2$&I}KPG1uRF326Q_<+k z-{m478C4o790ZnFQ+IjstT?u2yc$b z<%-!HDxmamX(uz~+#ZX8?P9oU8K(R5sUfNxZ?UeUoet}Lc(Z8>0@CA#Y@6IA8+8qGBo1)(^G>OnABres^T+#X4Rq$)-=}ybeDQ5=sK;V^aD1UDuPpNZ8PbjpdI`|3&ySW27GMm1;*oLS;5@174Asf>w2bmPTCHW7}f~mb`UsBhk zr$Bg_ThAX)4a7{(=j@Fh3VY>t!NTJDD`m&N){*iS@akPvK#O;hGRiiD9O?UN6JfdW``4IeDm|rsSahWuPzF6 zGuo%IrB9>VuKs9{hGm1K3h{nPZ08RmaT_tvSg|)*oRt0H1)ZxQEii3H435BRI9Re&P!4H-h{ zrkCL^{U-vFe0dClao6-PVO~BMW+3t13ON=JDK&H=CCLbu?2Pl z$l~Zn2UwWxPWrw%dbAJOiCwb`nWQWdxf!14k2tA6=w|{LUuB2iB%^nW8+vYtQ3HyeC@a*6% zq%RKiCZ+yGM9=r4Pa%?$*v|1kA=csYFwHdmGrm_WS~Nb1ag|~{uF)&&paaZkgM=l} zs}#`14ET zhgZa9k0&p80p7dC)n?TyK1`ewbLtj_l|@M&!R!e~D)V==}?ATQu2-#z{uv`VOky6}f<7jV#Gc>hX>v zc7uNjAB;kmi>AdW@+aAB%Dwq|Cpxk-;xKMdhiQB$I3a@mdDg%Fl=(3@3t5M1TLnq~ zR%QTlY(l|<`Ax7IVeL^Y0)r+s_o4p>W9QT)2oto~p0;h#%1f}K@Qrly*4kLiHcUyx4Gb2CGnB0^Z9s-Y?M*Fd&aI5{j5UkrKxl?Gig zab!&1=Mw+O1BBoQ+P}8&rownU*RlXM@9Vk^8j}BR^}*CxlO88F-JQ75yDBDkpW0^V zha|~h<-jC2HCF@RMs^rYFUJXjv>aEzLqOsqxpC$`% zkF1=1*rEj7N#>Ck>-?-)kPh7&Tk50nePbI%U7vQ5n3bsdqnYWN@|iSKM3o#ejg*)m zQiG(a@=ouds(15(VhGI1ZV4cRnnTn4_DFIf!iu8l3@_S5TM6;;Rh51S6=8kLW?OBK z!C|n1m~TtVO)=SfBOEsJV9yEu`YnYeyL^wLuFB^5f9zu z76n1=8#IFCkZ>P_V1bs=uw{n)YL|Zqyr(QB{U3+#4MQwP`YAiIoZ$G%lN?zw-mtOg zxW>SP_egPT*ikLp>G`ikxs@#ql!4ifFH*$RL`B@WC!=ho*6MyTEkj=;k2mnR;s7p9 z4Bkw<5#5F1xCowkZfgJET-FO#&kRUS8-!^KElhL~yJ1KC#ef(-1T;cbeG51B&xwj< zQV5?1x(-*(o2T(;VCjcp)Rf?KJ(xDZ^P48o=Q4|sk_}Mq{nHc<51Y8n>JcQ+{q3rz zL2T3UIq_9RbD#2F;1j=9vY{`IKY($A4o$4Q&()G`;J$ApPTXmR_Plk-H+0-4EQ#3e}Rlo6YLCE z!Xn}=g)=^qxZejG$cPgE7I4lr9cIvLe8`I zygj5Ua_^M;`;k`e_KYbQd~gi`OE;rZDSbjQsq(UDZk7JJd8 z)yl8PHyZ4-R3wJkK%=(4_9!XoaNuF{tW#L~d|EM?7#}dvO&}j`wg8b$pe9il8 zQuYcw$Kp?S`TGyY_X-IO3=A2*ZbuB$a> zes@<-5x$z}P%)tCt$N$zN;8}7Bx%6!%2lQCglWWp)|({_RMqJA|x$ruKS|Z4?Pkmqf z>()*c8V17V&f~`gAYB#!)G$3qY_PSXc(^g54OumKhnKlv@02q`(#s}IY-gvwep<$P z|B-yA)s>15y&Zd%#D)XGe7fTS*lFzao|<+8^=@{Fn~Q5W3m$MS-iR)Xu!i)76^UhA z2HVvLo4$rfneyQtZpUrt6 zV)*)_Szq)#wPE6wQNi_f-+jZA7K1v-Wr|rP> z&;N3s3ZnJ!v6t*v2Dvgz8#(Vh7p^@y#UNcqPmgxU2RGB;kUjed76Oz(D7pvd>|m|! z6)N@-Dl{-gzYC`{`z$4{sE%NN8iQ0Gpy1EUEfGUoTw)%_wIfX+AB(#|H8AYIAHPYx zEOu7@aM$Ebb7pEm1QhD4Wfz-=^@<8Uv_M{p-56lM10|+6SuM%drJK|DW^B}#N<#}I z77$?2FS5+?xUXP6c2-ILKzDvxl?^SH#v0j^Wbb!JWw&MVqBVPv^02ebOZ~QpmQ@5B z%AUs898YkvygA`>JV#K{tL2@{!o?TInkMljQK5+?2|XF&POl1Db5# zGxAh&1^%F_ehYKHzmVwGd5B`~K$a|Er{ia3GTy7df=&pGbb}+Gw|l0?E`2tLBAqJ5 zp&i3)iO~q5gE3We4U!~3d*2(Hb>q^hRv#+=)$K4p;cBLPq+c0M(_IhEBcQ5BpAz%| z0Kb6ZU028sVMaN~#uzSmb*(wneuc&}9s5FdUmNZPM$naEUTl;am%Qx##WZ2o;&axh zlG|6^j6@qGm^ph`ai0$Fm{5mk>U`OB7K%0~^A_JfbkWLG9RSzBUWO-tdty2o!S0^Fg|`7;|e{7Y!jF%DSHrmmPP9 zb7lBio5es8yXcMkblWsjLnln$yp`28DvyVm&(xC-RCiA~@_8yPzD6%ydfARjiWuZA z-7Ya%|3|!^10ZIavzQV6lAWC?^iSueX#=O-BE2a{DrNzr#uNi%q3`>$%`qXIGB6k~ zvL$C=gKIP~OAw00Q~t5DEfH!v^OjH>Xc*)LP_K@=hvrH4UtQN3{g$B}R4xb?>Vi8L zIvsu1KmC3V<1P2yxac>R!mq-p<3H@CY=m(6n{vUN`}X8;_g8oKWtT>iBab^>kH67Q z|2}2W=ShAndXywYHErLtydV3Gh+yp1bPXTQGraMCW$Dcj|2{j?-YaWa>%@qRzBy!= z=Ne~7^Gyo-oV)`()>pfa-A}Ub%2=g&+3qt}2B2RM$YgdnOMJ=QDrSf{!xnWoo7F&3 zaD>$xL!64_#26O*52U(#W`bTxWoK6$MeX&>$buZ%DrX^0Js2BNd18NG6>$v^kyl~FIMSC8rwnX90OPN11UqbKp%ZcW+maU%< zm~=PgKKl(I=U0h7*(;-WGK*jJy`Q=s_5#?-U;-?37wZhmC zLavNQ1ZQpbTNy&5muDqeAonT^ktt_#`4@BwKl#Z!UM(mo!mhFkFDz;X_;oF%*nFf# z@WTqQPBfTjSc7wWo4l_~f<%dUlJh0hjd0r#V0zp&ID8C7c;pJ2e;T&27Liy{VBO&g z-1-COB-T99^9iIE<%t(NX)T#?P1NIfn|b3YhYgA;$k8wc8l7Oz{!u@Z|FYw-I-HO4 zE6b5hMwJ_Q`J9-Oc?-W$gbU)Z;qfHAb9>AAUH(9jWJro!$aGQoc&pPtbwwgIzd=tH zqovVst>Vrzb!^ds8j}nuU5_HEX^zvrS?S|9N6+D968)L=VpDuLRnFUup?)ifb}_Ww zLxr*Eu69}01OE{N2w91>y|K@$JNRxZpMyZ+QRLt)IsdD4Yw3Tx9^DXbcfUF+2@djaiFv zvVwcFJGbE3kj*prld%dbPQ;>rSk-c}dUUaYP<5jG9}kVcE}M@rG_M^w-?i|?;jb*y zr>`De`&%Z;J}NHDpji(#VZ1c?O?1e4b%yhngBnx^+mDa2$>A29K|CANoNLfzbl{tqw-U{X#kzN!{F1W9ZQ1}_X~5EhogtJ4;(-_)uxrbx zh;DZSY|>})<`f|%cBUVWIwz7$R()ST8#j?>mrn^LeBKWAJM8Kc_0mTk12NR+s*_P(BJH&(+a z*^mq10$4M;0j!7o=ZC|{00$%6A-C^#(dGL$Ow;A<{Bl&UG6%h44^%$y#dxGQHKql& z3dV9A^RnR4m^;vhiI3&H$P5LWfM&jL3_LiGgs0d+^i8UVbpNbk3jE z%H|#_XF5(@hp@h(=DzqVZQr+?o}&({Z@paUYk}P2c~Qp7JJP=ZR~Q)fhr+I@BTvP% zh4K6AZtAzH`iz3X4<5VGa_aWqMS>VyX zm0k@Etm>AucYrL%dUKRL5W!b4#ud|_^m?=LmfG%;an>u6XDegww!?-5*cOo#2DLxB zHX8p!}gH-NoJs>>bFIlbr!-{PcvT@~zy$dontOX|a*8|TIb2zJR zf#N57@Jn(efu2H-yysBY_o#GFySOjID!(8>1-K!>Y@ewV0D|;O2Hrsqgy`!c@{=o{d{@psDNFs=8|m(GS94Dd``tgjW46 zb-SJNA7`8**%(05Bq_nAoxir2u%~jK*q;Qy=dCt>c7jBF*sMf4rS3j9Fhu)YSxQn~TX5BOCSo?YRta zLJ;l_1;g;Wf|pSn#_1mo8!I)PAO~c;C#5*gWDs7z)u&<-Q^+V8jbKfy64v;uX1#Z8 zo#GpcdFT5*RWUxB-;E>k3RIz(Bu93VAYd*kNLJ5*DOxsH+2;j4B>mqo%E;ZS1H~WX zSM$4c;TJI|`s5dc78jw-VX>*PgpTY!v=ljhRHwa}lAq!l-8s!Oh2baG@~0Wj6ZqU z8>Km3NPTKvE~;Tf6BTqVP8*4!9bu8CAc=@LvuZ^9?11iP%uwlf!&5325)(f1qhdDH`#%Ldz!T$hK*QLa_Tak)R8p-o|@1ZqE|-wvj#=B={@rE4C{x zUFZTm-0Ql=OdwK^hd`_0y#1eAdB#j#Aw565#kk8##Z!tx}E_bL*p zD-k&fQ{NfI{bW_5s{3P zAhQe7#9|`FMr^b9IC>N{a1Fa&|1h<~`+cfym(8odhCI4g_Q+%^-7$|9l~j{e?30bv zxSJ=kzS&63EeQI$uh}{FCaX{#h?_LE@+DnDlVl67zQ1+N$~c6Hjf3?fl(p@CxfnMYvDC@1FgsegN)Zg9?skTzu7z zlTtoG$4&&Shgmq%xSGc2Aw$&evs#cuA5tl>&qb}wcVl&lS@!TyOY4H>MJ%`w?+Wj} z!)CyL(qYZh!>$bQ8{a~;DT}*j!Lw!?U={ir%Jg1b3QGs?TwGjM5c#Ia;y_uyrKGmOJ9A+!>~qFyMFlSbgRI!?2LoU z0#F%&j#h~3O{pvv)8UmNS+y99PvY>v|UQz3d^4ZeuZ%Y-twDIN#e z0gyMc6J4}eyeg4<-)-&H-y-usV|+``sqJms6Faf$T5+7f96$t#gz$lu3|o0E_TGY> zo=Kb+Lz`%)s+G8=#S+HXiEUkuhO{up^acEiB!(tIvx#{K0wO1jPt!N*Wqr1`g`Hl_ z8#LG;qT{M%hUh&-6~BT9IFK{;V_#UASD9eWf0n0F?*lhEH?>5`Ogb{s_hqF6cesq#Y}r^-iyK9pwJhtXv**dO7AK}!nQxFU(Ka2y6B?mR zqtAOnw(4`j{u5b6;dzY(gC~nRJ)8iFfxR~+mS~axNs9RjlY)@(AJ z^EbmJykHZSp=@|%e0_b;ClAq6Mn8AZj0ZC0ov?qDGncocvhxrZnHUH?63Vtot>fFa zZa>gBeGgU>?F2~LRQ;bKyI3I29OV=Fxdy?d9qNN{B4l%|+@gT76x`tNme6erA}BOP z<_^Km$aRNa>)OgMtS(laMIiF0jtVNq(v)3LAr~5_`E189!M$opSnM$PTqS;KeaT` z`g|}sA2Eq5-T#Pv; zDI?L#bX27fvB*g{81A)<0+}W?j=aR%w>ZsG;RS5_XasU*X`~!*)gA0b20BA(#A-EZ z{-1@-2+TM|W$5?YmUCJ}@$ zA@Ma4m+vTt4mZJuZ)Ji;j#rZI*Q<5&CUB@g>}m)plH4VjFPDnz-ydrZQxT!I28{O~ zNR_1FHlAn&*TpPN`qK|pJkdFZ?709uw7ChfRLQQx8U<^DVx^1~vb7S?H=x8L@gZab zU(WjJMow+&7>1im{Q;oK($1idWI>&&f70i>s6zs{mT`qTfbmAlw-~TET|cQB4D-{R z65hmekupMiUo>+dY}JZqJN$ToiF|lCAXp;P5dw{*(NHNzBdl3`7#}xB85Q)91dnG^ ztgt;_a3XloEkfcG4VT*N>K8Y9)ehj>#H~ztc?niG>x@s=aK)Y1eHU2_G>RQN z#89npS-r+)yrYR)9dJguAI+Dj9C%eRhb_yHXIj9=$h?t}fRbiEi6jlIBN=bv zG7AxX(#YMI!KPBkhA1W2Co6wXiFj?Sl=%Ns>s3RUh)MQ&*a^ckp z&Ath7lrO8cJKaG#9Lob8j{t=e#9A!I5T(dcLFeR$)!6Lro&S}vnllZSan&cv&^-ck@&_XosP zAax~Zu=@#;!riYAVL4lGt`ZeG{$&&jAj4y)_RCQVdh;sda#K7H5;dVC6umS`N))2= zH)sc_?~B_&WP$pG$eXSRS6#S}!H3I1ND;CmJbXg>5Fv6QV*)Q%UB*U9#waj!&8+5- z-!H>^#XOM-@Ua9ltqfsO;e_in)wmfD-RX@+1%FPNIuU-U-IQ}?Pt9EwRT6pIzRNvj z?XlBTvvNC67hhsiiM1>q&R?z$YV6dn&#OA&!WKp`$jhm2O~#%mPA&?10`ZUK^SR#S zmKDICGjEQLoJ)JH`RM-^)wvEA zW!6C=4xqS`&4*ApwQIGNG<4#rv54C))F5VFdBr#R04S&5JKSMG z9zOIb#)@JTDmzqpIth;C81c7C8!Is58d<2CT*r`d1O9|3i(+n(Po&!h#fC_>{DnY6s#VTDePR2{~uilAX-q~DOO*B%(R+qaS z-f*2dCS`<$7lboE=EI0{Vp{^FMsEbv_K=vcaGb_gLxgp{w`Cd>)}; zVgkW_T2qhw1JA{6p~vN;{P>QZB{V0|nV`fJJ=X5Tc%17TuKE?O5O;^u!=yI&9y+iV zERELFnh`#8=J#2%NZ!aV$VgqNL>d)<#gqEXdvENp{Y&q4)Y0G!M%4}OcEFXe?`&I(#WV=^27_LwB-8|1{Ov9nF< zT_v~YGg++r99ePN8r#9YvZNJy2u^RcedY77E7|LiiiwooC(Vq1z-dtY>oFEZ`${*veg0f6b;UNUTtn9*FNprDUSR_UpC4x$TLvS~HCdU`s+PDI-qT2}2N zy93rl|N7TV6J)7D-FBW<7BjjweH{)u*D3;>BNZ*`L49^SI#j*wnf*DX=>m{l%*Zzd zAC)(=GK4Z9v=|hGf#07tzgLQG;OU~U%b&!`B_rSB!5_{=qT`GQLY*#i|Ky~5gGW5^ z-19mEk)4(*TEj?j_`Lgh+-j09jNg`-PL6v!qk7`yCclmmdyz@NZyC?q|EhPPOc%FI zn4WgwcfsS&0fDzGl<^r)hTneCm`QjZ1W-Lg5H|oBPj75nF!+3H-32DALJH?0KiGoR zu{`Ww38RPb(-*{-p>;wCfrMlmil2f6vnjG3IpTPGg{?5)5w82~5gT}YLhzb?Y#+vN z#Rq?HLCCiLk5_jVrZ2A^M0VdFb||{0=PYIJgju(UTFf!5T6F7<+>K=W%0lXIrY%qO zn7Tng>3!!RSu+OQ;J3e>wai{lL&qf{5zv6YY-w5Ih6KpuOTS&lvG znxTn3_}wgI)1PW`$Va1@mj@3y!$@2*h3n~6;-K$3M(!Vl`KtifGBjJF7^f^$2a9)u zst2^vl(y|HRnXmHiUf4asH%tV=n}!hz!+f(f89S(H<9d*8(001Oi3}r??0}0XW^~! ztIoZl7kgqe8nqn0rAU4a=|pc5@vOF1cn##VM2d;ot86vz4zqWO*i3tg)?+!WvN#P& zaXiA`pq7KDGCd#1Ka(YwPW*TJqyzOGg`C7v^Tl7!YC92eeZG)x2Imrr(Um6wr=|zB?*YAi zt#aJywZ$Etf`qneK4zgR?D_jvKwhrpxwKNo-X`b*delB#dLix`Irqd&TKh=2*1R=m zcrxk>w5rlBNMJ_rV+&Tl*X5LnaPWO6nKIB?4a0e|NV^cyD5p+H1?S|a@?;XJ-<~6M z!RU`=L}>dW^h4C*{%-^a7JPbqJ3~uIZf;0AX%kyBXLAPp|C8Xr%*OuzFxfM)(&PVk z{y$9i9Y*n{JB>8js%bZ#lmCNm5KXh$V(qfV(rMLs+wt1-k=>^2RrgCwAR3!i?=YoS z6lCz?LPL=QQxeq_zq+n~lAAM$q04RuT)W9k^0 zn`{}1Kc=s;09n7}07hP1NK<|Wj-{V$0985|p1fW{&!z$3>e$^eCf&y<4z zLR?7x(ZhTfuC%k-zrtCVSRP+hT$uh-zv8T+zeE_{anF3ZWO2XZ&h*jI07z0sX#NQm z9VIx>-+k^$%}h;T_1|OGhnM$yYkdCMzXM?T?_olc{t*=$d<(U#td60rr2vrsWRhTN zXi8-M)jbgvNjUuDyQ9GPmj{NHW`>rJd*(t~Qdo1pd+)zk1Q&+yaCm|L01ouy_jpMq zP3ivu90LCV9FqS7I0&uu-TVVMaQp{wkbC7T0r<_Xis;FSIs2t~mt*>+6{903E2^dz z{^m2fw`(iUY3PY4$>HGNIKdNz$&vmU`*#^waN=ir-Y5UVr35hge;3)aNs5o}4rQfA zBw+AQO^<`>8ygve*)ux6|M304ME2En>;GG1-x8|w9)UWe5~wscgZ@usPY+lp`?hON zr13u@dxO0y{j;v2!x_;3ME19myKV3oqgjKvaMqG0QrLD3z>#| zys;A1Iu)}Ec!9I{AFtSoej0Axe6hh1MUz>$Opb+l(fC`CWKc-OC&Yi;0802zp@3Cnw#otQE;l}KrJBOe7!xLv0L z|6nmk_v%siwXIvVc=7ATN2AMf{$*`MW?WrOs7#MTBZb~7c`CnGYv@7^NJ%PXxs{@@ z;|q)2F2Ysq5cXeP<3yKu!SFVqa=v;NTkb0q?em3_^2|f{$ME#7=NEHCYy6e;gDlB zX#LVpqX)^C?Te<3XYDc`Zt$jZ0VnW zQ^|3`G+D^9881lPx7cBdwZ;X;A&T$z%~9Pk&VT4%w>Tz0I!7a^M>aBWqwHB{n$=B) zCb+Vbi@61O8l@-mENl2*uaDg1zPioYZHPh|H{aHd1yY6|R2kvrF6I5kfj$S&-X>Hs>Wzz{MKc zLzMRRk`7&aYLL+?EO;kyzSZA-h%X;FI*!QRIe|-|?_u1Vjo>VpdwFPwv_?7y2O6r4 z!i2Ws|FH77%o8;62DJK6_cdj_v2}Q>*lN=lY*as+^&m}n7#B0yH9qcHMO^m5a_}3C z3)lc5*s4-cG>98;APVc$lmIn2V=_ihlGPjxe&Lz zEn_ow=a5EKIzVU-HwBnxf#qe3-8^~hnV+!mBW2?*)(<HqL6Wns&V?Pf^7@hIx?(R&PR`j#vKH&^&=Os=-*kY z`>W6`Vwvv!SCHNAB4UHNpbR!k0oGT4Chg+G)cLUEk+urCr!S4yeWzfWu=k&ddxIQk z&qCBhNJi{+Yfal$Ac;N)|C=c!kZc!^Qj^uP@trw(msVBDMCz+uo>aVEQF3$Uw2{6o z;SR8x^3LZb&R-PmEf=~yn?QMqKzID;^S%~w77f}eT^9E=@*-$obG(91!RS-LICEMM zWcUGu*U`c&maK+k{+_4~1jJB%%#|oNz+W>%g-gU+0R_7-W%&R%gx(8_D0Ww{DwB=j za>W?SeJdDL6qBTvCv0l#sFSiS!?c?#wlcD)zlZYK7q}nNBgD=RU1Q(5OMJjQVIIEK zn#S#*2>-Wh{TTAv*?LvxomuQtINE_&Jl}g2cgw!?nkPZ~pwmiNBo7X>+xpZ8>d=7I zO7A0ahsr|GwWjix(9a5#?K;h>l(H zXCUhEDLRGJk7*!N6c^K)Z)*fpCq*#$v>_l;;YMISNVZ_kPRk(?HVyqMUh#;=Ui3I zO?pURmH_4#qo}C}rHk7MSOWlvMS#M|tFjJhqU0y)R>HHK>|&fRK9YIAWCer_3(4ow z+(DP%IW<@VfKMZ_9TV|56!oR0Ikf1tB@9vgBxsf|g-JTHX?`|B#~)BdJTnQf&VUl; zOqIO{C@B^<)QXf;4kyKzaMt&69#-FzZ&&zdcRn4dBKx1jF)U5d`33}b0&j}h;9C-d zBRomUyzJ&Xqg^}uk>(^buDVf{2bs6naTl|6M16V~%4;v4Ha#NwEAXXLxBnTJI8h^y z&Dc|ePn^MQt&QvnsovlvB`*tRBK%Y0ik8PrQbxP*Iy8x%Bi=Y?#t>66w}aZTe#)e{ z0usfird>eUMsFw4O*WLZIvjT5sk(qFAXfz#Ty@^r0k5if7Au{Mu;*J+55`w(zoIOO zyG?|r$iX_TQ%w%e7-ZmK;}c$2%q!Qe5=Et`;|gVUvK5Q&ZKJian6mdf?E+KTbhQ9u zS}E40^rsoym`}0F&|=;p{;rqYv)-TKof@RWL$Z(94GDAn>cShO98GO1f2q0+5{I)U zaNkcWX>*-IFHY!XMKk6RGi$SwFpHedDbTD=BdhvorSEtmKM}B@rKh5gAuiAvLL`JP z6X8aEBe~{|oz;eNvIpViM2;?ya&1S}5>Is=47lA)S$vG@xSwH>VSC!=s?o67Fi$b( z_xPVj`Y?b(qt}$CEK7@i6Hrc4>sfZ^p>-{vLD{lY8uo}4sE7%arLEtnxqlj#jDsiK zIztk`VMMann6o&gSLAQXOpV8n4PdMtvujT?nvWE8RNeQcD+=(%wlH*1_K(4Gt zDuS7N+p1S^p6N)v?`J(wk55m2}FX0+7myCq?pGdHutFeA<=;8h#QSo^)iT}^Lq z;FZqr%gZE&ox0WKK8`ZpWBfQ~E6Ml!5Y(E2eU9Kvq150MFT#=o1QF z1xF(A6V!tuA0V#w+wfHUcF0P2idY zui4WUvz|(|-&%bB>YxD7U>w*^VSgY%M-HdKJ-8_}e3=)rno(bvX7T9hsx7=w_Va$z z5wFsI7rOt2Ea_~~H@;!vTS}2;Ax+9le5mneRE@KY2S6%HjGmi<>HnE#(H*sE;w3Y_}*lg~Ua#Rl%rP=~G$1a?ZmF46$io-Z>CdY#@)HprhiJ0k2>T~bqf`m#P(j5^y z3o4wuK)feqeKTsDcmOFuy*uR#DR;ELwTqSk1Iq3vv@OJjSK>;)kZ?d{3sKofX(Yw2 zH{*-_ou832Yj$FtcE{Jq^CTRda%|`kV+S05WmTV+Zc(C00w`Y^k zzz^OQJ2j5pGA2XqAGn0>J^+4vW$_k6v=*#q0C+4Vh?>QuSC0&?rIp?I>1)c?Bheg9 z(goE0jdupmU#KOaxSHmWEy7h+XU|W88R%t)oPNeB0uBGx%%b#so zp@$bX=qa7d3(BYal=ipueV+#YMwcstRkfCLoY2!G6w&iYEqz&p^@NQ`S@jw} zje7SQCcIf$v8F2hb*X0s;zY!4LmORJxOSgFN>rlESLZ+cqcO|{g?o=L?UVmQqHac^vBVg4dWx%4G} z-0kV8MShvt@@qijWIfuTm5hypFOd!BbszQX*#c&J#qWzRo#o!s6})Z0r|FNQoHlNF z+$#ZIfedSlm^BBVZeyay!vRtV5l6yV_rOhjg7~utaZSfS`VqXncb%RHV|+y}`@xM= z?_7(9Flu48O-?chPk8~=% zvQ|4nkn*PponmO5ucFyPN`BvFvCYK1-MIR(avNBUFfl*q)aV{qj_;o!`U`NL)m;w~ z%G7Mp)@K9Cg;djpCh>2;(+sLrNlK`XWHh*u3EoO?bh?R|g3^C{Y zvLt`*{?)rNvx+MUMpuT}ELk<-_Z_rGI%m$Sc2WlqaxYlVVTX`Xo$5^YT2HMd%P065 z9}wyX?f&Oi39=Jdg*RS0%6Z95Dv>^&%HpAeD*CwVQfj7>{;x=S_uw`HU9zRtWVFQFku@`O@P$sypMjv5byk*8!d15LNKv zvar@B>;P$rTycdh48>pnRB~l^L^{q!2i#--T^!F$eg!}FtLs9KAX3l%Mi)x?lui$EkD>wF1-~$ym z_S4TkbK>vYDny}m!7eZ6e#pNJ_p^=*Dk#%(>LGbH)%;yUmC~;SjRX+TJsaMLj7+YD z(3W*~E0hAJ)8b5}t|H^MwH61^m^zyqSu|)l9C`^k_HBM3D$LfQ5AtuKid}NEGWSu2 z+8UkHf&wtE`x}EUaG|lAyhy7L8f7tP5@gzQ9N+7`X*_3C*HADiIH-=OGBqJ^tyx&i zX87FDB+e&WR%Z`VspqT*IlY%$3%R0dj zaO-b35&q%xS zRS_F5wIiD?I*-fyy#|LG$ohVKZw=I5EBt10JH{qzP$bMy$aS`PB@9>DsgcX61fzL+Q*=h%G-UXiQQLs!*h+~~avbfsOo{85Mdh8&XEIOkF(H-YyCw=l;ygfD* z-8J{|Wl-hr%HQSKPFo$D( zaY9?m4R7m_rQ>deUrm$s1V7M31#tByP;tWT`W&acTH%bVi=&xE+GL`Ifr z3%AkA)%sTGJ~hS7#uFDEKndx*OlJQqbAX|~V_ZH!ebzZ5`xJMgi#4G1{SCitI)=xL z9X9k97&a-3in*=I=yb3;2ZB}nIF}_((Ir|ePTHuP=E#D;VA(b*bb@g^ek*1k(=Q~Q zRzinmDArCGb)2%}WsYppqxM@5*Xsb2aV<~5;C;h7rN7lje;Phunx*QM*-I*@gpvV_ zDsnVf@zMs!6KCV10NQG%d-Yz@jI*BOTILvww_uHwKOV%#SM1(soKxVyy?n}A%7 z?6TpY*?jNSCQKt>6}Qt`0TcMNcauEVBe)-pf*h0OG*JPE>XD=s!H>dqM!hHYzY$d7 z)U-dq{}&^`UJeY|+A$9&*WS9;$3^sZFEU|F4mjJY9LvTkI$C!$rd}(hC89LMkjlT= zkFmnPDkECz!fIIwc@G1{^IaSq)aj!(wY9TD?k)d%C(t9&Zba^IX&^}0^%mk!sh!LI zifcL~6ZXjvn4&h5VR+KZfe{>-kW}r-pxoY1($yQUN7}@1oeMZ|Rn;>!BnC=3fIstk z^kC zWXG?A;N6Pab%;uTu~4pzO2SlR;0g_nT(dAkDFjf#k`Gto`V6I?jzS46>Su(EPPb~5 zb7r6&^#web4v7xz%_pTMa$Gm&XGQzl64Z0aP@PfzitjbTCAcTy`lh`Evl_N4<;$4e zmOVKCSPTePn0izg71g%pJq; z4I#dDbGG4dP8B6S_=M<<*;XO-=gVEvYb3=E7eZwCrddZUJWd*=(y3>hQHfWjLfhB6 zxd(w|g!eXWj0)2CbEFuHYk+!T8@1?lRm_WqI@$EOP4f1JsbSXt#n?IY3fG2fa@)3T z+qP}nHr{R9wr$(CZQE9VlOA-^$vJ;vCC_BtS5@_ZxSOYV0;ZA=+)+PO*oM}l%*H3Q z>208h_6wwp!JC3^KOjB|t-TlkthE7jWNjK)Iqsj+I4R7c+8k7MP=*$8OMTsVbEL7u`7fc8eHwEZ zIsoUDO2m}|d}44X`|)f~7{!WdDFO@mOcZQ1Hvnsm$mUg zT=?UeM9+qOWKzPpOUnGH0zFuj-9@;Lcy3I6ot5#jvzzu zs0M*_*Q2d-zDIre?{xE61l}W%-$!NpkK=3nS2^t{@$>eV0xq)d`%|QEI@8(~!j*$H zt15NN7}VFBxACD>>fDN`z~Jpa*O-b6$HI<(40PtP9N2k67#)rI%svHMgaaPA?T+Qm z9){RteOjGiFN56*>Zl(5+F=;fuv-MtJdpzDIleo~ZWX6*I*1(s23kHSD^^KR?r~p$ z^jB3ySH8Zwu_$w?shZX?Qb)JNMjXrcvIZyC73y3m=AOZe*gg&O`6Fz*T>0PK)Cb9m zw7_S7&4RlIN?u4m)#p;0siOM9eh-QsuEXTFkm)GbFJY3?4VqMhRIizSVG%x@<}xd> zMoW2k*5Qk*avCp97^>FSm+Ff@yP0VYFbEpH!yrNg~`l;^HOP#+wKt z&aOMH3P$s#|6O~W6+W#S#xXnG4li4V097ZJt1ht{f(%|8GdRs8jcK~AJ;Yol>zdsp zlv~5426;1tMn_t`+H{*-8y7%*&c z1{C0jm#xlKCa^tnIA<@slJfORjm&OEGXolhqI^NfsYz%Q%iuna+BsoH0>PtR(PK86 zp{9iDhB1is*tPo}!plvszo7lRZmCke#|;UGNr=Annx^(QMg)!DGDnK0rl@&VRP1$q zpio@Q+`zH)Jqc=Ez#b==oPz3xMI~K^Bhj`dZw8w*gY`Uc8eeUV=erMk>j#5=u$^Wz zx|f2v&uCL^zJ=z5fDnp|dcOREDgH+5`s;zgt{s6O4Il(sPF15)iUxg7Tj#C=qeJf0 zcA&egQa1C0{e2w&X;uo0x>3}^B_y8_a$d>N;B&Dxf=y?z-YdpPjIZUDL}PMD{0riFxSyBbfNJ}Um{!2Rn!D3{`t8bojtof+yR>%}f zrDTuqbxJ_-Qmzyki6*_DvLG&eya)7qU(cI~O#}d1(<6r)RA|GKsqR(N1MOZAmOZaY z9n(Qeq@>N>xq@g?i>#?%@}@?f6&r<2QlkFR@YX$om%V-yXi^l&jdv|LCudU8;sRfe z)Ra4k`4UtgaMi7y)cb~?7=<~mPV6ltLQ}jRf?d{Colp_K@ z8hhQ-C^2YLdjU=70>|34go?{7ddwfX@FqEK^+73uh?-ZO3hdd66fT=g4Vn|d=(MYX zko2ynkTIF%`4p7qF*NfO`I55;Ye|s8zL>O}Erx_(b)8$TEJ@NEw<;x|d1Q2EL9|Q_ zIzs|%^vIzdgln8 zraaDcPzG=k>Rcbt;P*mDc?NOuf{Ch6$L$3 zdNJHrX>UuZT&^@6giA=o-QGGAC0*|+BA3{8w)Yph_R|+p!UansIu#k?={NNMOq&Ed z4EUNA9odl%Bf?-Wac*PUn^Fqkb?~%=EG0YTkmicym(|wT^ee}Fv3_p}yE`l)Cs`yu zn%{~j+?)3=%gdoe`rt}-3OaXFCCqsqye_%h9 zs&|9caooI{^z5?s2p6q)?Dape_1e%Vs_bQl1SZ-bvkrXhvdIcDs1rGJ-n5g($PY!6 zH?zKf&NKSLZb%Iiz8fet(lJsKaXh(HtraBBlb~&pT@OA>jl%Va0IBk-g1o!41zpP} zbs_tUaowJqP;RZpPyNg>0OHXSUw!mx9au6!sx1^9Ho4M-+Zvt0RoFNlgd*gK_{j1(!C8pHqSE5VF(U>;64hN@M8dRS+dIoZGz?>%;K>)MB#Z0! z?2o%qd&Mx9et!buBS%a6I;pgMsC^|V=_6D3ArvX(11C>jaZz?I(Nzs^_q@coQd~W- zA*9<44Q<*wpLo5@%VyUe*6^QC;gb1lrQEAJ9zh4!YxxT4!PvpHFtygMAWJ$GM&#N_ zP8quCL+`u+s3s>Vwh3x!>RrzyDQw4flBp8on&_D(P0PO1*7PRVY{yv!GZ~SBMq8nJ zGUrk8N>{^sriNN3!T=0KD{F_4KCZ*J_{>jrf!3+}h4d123UY;}P8QZSwotOPD(OLS zWXl-kcLu*&d-Xtmrg89XUl&xhg)*47@SW`0ZEur~upLExS)8SFEdLpG6)Jz4%jUJO zAapFhX=qB=et%D$#})$Jy4G;A#J>l299pX}6`4#2z_tIp5vt^Fk3)g2(>FA%PB%ii z3)HJO_9lf}j6g+UYNqqezAca0hJlEZyAq@M*RbJ5Zno#bOpNcn^^;Ev=9)>9yr|(# zR@)(uv-+H9RvkRSOuvL-0Bv^pX|A5i6$3N6>XqXiuv_PMWTo$g+^UN~xpFJe_^wv8_gMwf zJeChi;qz6#vttG*GXd^LL&o7*3u6=}UiP+%7A+NjBlP63yYK46moHMUusbadp_})v zWZU&8Un%)XPUv1LSP^+HrSl{%(-u18$i=d(`m1@&`nwLf&j*H7;4`JA!R% z*cVg_t>U=)?HW$rRN5@dae1zuR5QMnU6XXyn-)HAJ20;7I6)+YMbckv^>?vq-LK`{ zXTGK&%g{7O)17!Tvu7Jk=P{ayooYJ?^C5Wi@<+HnQ1LjFcEc9OepxV1(_-gjl~suFpbmdC z(tBw!qE9Ojku`eY^(OF<9~i$GJPeExdD5V%^zBg5>?I~>7HrC;{7 zi%8HqtEcPDoVpGerZ3im@?`h*ArU72=CHj$g#lU}oY8o&2R9O-tONu3L-@|(MWQ)w z3&WUHGu$}iHSx#@T+r9Zbop;r>fKr@eT_@!W_(L7-mJ1R2@J4;65l0C-Bhn;Nw_G!AF!+} zo_O-exm`D#8uY)h7?15KcF61koMsq|3purIvgV!v8r>zmWkPJ+T!B3NWD_FAR0$4h z%qa1t#xwCpmA|&(bxPVvt{UjY39~WlTl>q{*S)G?Z}GhxP|78-b>YZ#jXz`)W2W>braKJyS}aTLgEAY zZ&zsV*CwXq-($`Dp?T&x7bmSS1(hlPMZ(p^(T)2SFH#jRSO2h$U~I>XvXUNH7;TCna)%SUPDG| z5pDoaIrXLKHq4UIqK4$3&Fr|KcYpt#=QG9}USmZmb8h8BKbR)foaInJLgfoEoD{?weonX2-1h|+jFUcRLJ2pJ=o7su%)4IU`V1wtX||- zv4(7@e4L-Ua&G$bXq@1D#bURy^1$x|=%7y}%zWAFkX8od?N=w#ln-?xG9lvvBF@!2 zP(qgH3#7OMyz?Ae#}gE}Ky)Xcu2S*orPknwAUSQzaONvrBgohc)sHt3(oaID$Z!_6 zgpC_^+WmwwAm#O<#G(^M8tsy=I-HFCs7Qw|LVHjiu0n}ue^awJ=JX;x39IlF#I`zf zu`oAQJ}06*j~FN2!c4Y4lLY?JuA!(8M67J(p}GuH_t46BN-3s>J(cUvwPriBRCN~p zPs}}BRT7)NJ=#QPmN=}jkJY#VGiuHy6KoGAe4y_HHXEIxtBk2<=C0a>>H|$ksQ4l- zgXcZepJJ10YbMu~PfxAu^uq23r7CRTbNG>Xh^=oje>1knzVh;$o6Q?=?zhd=WD%=aHPNqxsy6XN=un>E*U zu!lcd;6ZC}<_gY`04_tX_+IgfJ{zH3FQy3dFNa7$8zNI!hoa=`F@B;CR5y8Tn?w;* zno=^^+L#!a97sS^QGA`C{Njz{s?b;s8tyn2G|U=XBsR4L&P-V!Z`mpX=dc8zT@jVg4Qv)=DJaa}B;bXU&6|atg6`e1Zjrvq z+`CzTwf>Ta4=MpmAXO&W(c5G?3~JN=sL;YbS9T6WOe9lsl}Yxrc^fG7d0^|t=$A@f zux_DyZ+(CM3hqaTR26C%sYKmTUSAGz=g-wegxMKA|M%nC$IJbl5joSG?c5LIAGF+H zz&pkZB^AAi?wdMCq;uM72=wke0hgR(G3Wf5GF3 zV{Q*`mK()J6+y&g*_^2k%)c`x=B);o(oKR#%v#Kcd4GL}oD5;{RI(Yw~YTc?K;Ld9H ztaS2>MRk)j30N((A=*4YY^|oA!Vd2t2ISMlXvj6d)ROL0b*=%;(0UmwpuF?`=BY*-6lr#OiukV6_QK28UuEf!-CgL z^JyEe@8|?YTGFfXbUC8OOS^`SQa<7GIK32OC_~U|ks}2#a#aC`xas|v)SbAoG>mIL z@y)D#d@C+y{{#j|WIH_DZ8{)$(9AE*m7Vq*;I%u=iaKy?`K;G{#SmHwbK_Z|IO6ru zQ-jow;4=`3L@V!9(l+YdfZKXC=VDWti}5!vsdLlewM7>j+Zg0(4Jsw2LX!6uO2?w2 z7ej129s$65JTE(iiu)oYMNI+!yFPQ~j_qy*wB?6U8k)~ffj4Th%y~*~h0Q!X(49;S zr->vNZ+o=Hy8lRBqEp78SC&AI!-&S@j`LFTctdL_uk725)$3<7xi-X<_}u3RpEGO2 z@sLCFq7O>JI)o-`s})%L6*Ltv zHNe%OJnJ`qCeQ*z<#gD8A&hE0fG67xLx|xcd%F80jbkzpYcSO+H_Is%@^iV(e`S+} z2ZA3fXp&HahF-Q@;QP?}*J6Oy@bF{Bx+Fz55=2*$h>aLA1y=(eQ$V$90fGNy z_-KR^`PuD6rF}hlfe6lv%pk&o!r*SgP^=>Qv3|+AOw(5c88z)$8Kc0At<8r3OU;O` zSF<}E0X)bUBi`9ImD@;jbgC!ANU_Z|FB*g(=3vkSI1L=WeBl<<*w?-+6<^`qA?V=Y!_HJ38NBQmDIhgHvMA0?OBVvYuami~ zl+Xp?s-)0JgObeilJnk%Wb(LpRxgXqd`ELzYX0}6#oD9|FWOW!ToSlGuirylFp^F| zB91Ozab$%Y_c>Vg;%;~_A`PBVqgYS9POLD^jIZaH!EwMVl*Sh1F9@0)$6zoZzPEnj zyf<#-d>)(%HQSR3k#12nWt&1WpCU94P9UtFNkdl>g;UFFN10)9jm5|ETqf~?`SJs{ zLc!OqK}9=ihE{2IvnD8JI9o0+|+CtkM^x zEIm4inpHpe0f6GYhGg9ri`Gg^f->;J{3BpZL3~M=ZoY7^$x#P3=D`LeDPN%XPQsf&@cX;MW~QFuu=1m=#?~2aNx84UQRrBVL0PJKnbyoqoiE5)ZtY3dpLT zFngiVhQax=1wW6R z)~$}cXY-&9)i}U$)4brqEQm8b{$fUUQdgiLf@edz9e9wAXB_JsAAt}G_W?hX$m(+> zWM04TxkS>;8E+hIU2_WgUz`}oLhL=F#Fq5=y9vLkqJS|RqKoP{^);bL{D!6^G=p-# zox4tI!=qcrzqi4SJOegwA%j-TmaHa+1-M|R5qRNmoZx&SHYOwRTZC)#1J_(qS=>L*nFc1}}x!ui69!C;MJ>-_&O~y+Gr%Xn4@Sb#fW}rxETkv^SI>qDWXyQ^|!qzpoClqKeiei-gU& zlzhkGIYz`PQiGB*U?65;FY^%PKJSFVq0MXj2<$% zAA`4*{K>yDUb&C`4y4*St(4FKF+U^9Wy;#$;7d)IKVsQhr-Md zev?P?VvPLThFg>q+VCO*rKwDbs~KxY30N$k!Es|BN&pn?PieMqL)wV>d2ZwV_uc80V;a-Z+SV#?rT1i)Lu2NeS898mF8ECw1Mll% zyJs+`f?0bg?HJm^E!%^h8ndx1z(T-bs11$LKL|#>$k%Y9l_z86-HtpCThDx@O7v18 z78OAc8`=*0^(%U9AwM*n&!T3~?S6HZOrmfP5K08X95myjdJPyJAF+MDn3e4cq^pZqTlJRk3Bn<7!srUM1){0B`7iBh*EG z+?eMrXfx~q&TB??_rlI~LEr+8Hi#e05i;)}J2!0S3uon6JZ99&d;_ecxdkjGLC^0@m1KX6T=8DGUlo`-$B z-^Pg!vR%7Sa(?CbhB*8V70q zWk_bqs6vcC!$wQu3)&HQwX^Tg; zb~H4eoWHHjxK(fAft+|;*BMz~#~LLY_{)WP8Odmct742zeQ_z2`u_Xy2K*=#8cpmW z;(*cZm(dG+D`tS?DMisgW>B!F^cau-E!sV}Zduvo&8r00+!|1dk)F8*w%VCZN5abCvu%%4W=5Ewjs`b64peg|{+-d{kzq2a?UYS&}WS zi1XY&CNw+R$va?_LX*m`5-$eDi(?sCG@Se5-5CiMCWQQm$!?WRv4av05Q5(gVHtGR z?2h<$^2NVIA@NW4ayN>|@RpU)emut~e;?#}#Jb*! zJL{O}0A%NuDup#{$~r+GJ;tMEOYEMaJk%xm3oWg|s1hhp3sGf?5nP`9u_tXoMcMs> ziSgE2Vc30YQF+8Ibh77NJ#%*sWkk{Zk4xJD)`7$}A>tOw&8apyQwrOj!!)%0%nu(v zd{utz6jXhOC1w3SGMu$^O}_Y(^;R(df7~(q|I8gTFme1}Ci(v<$Fs08vj4BSV`mrB zJtS7FEirP=h8q`~r{Pv-BNwh#TNj(H^Yzx1hLwk}9q&HxzK2~8<3HsptJO+P=M@a^ zn+8frQbD*{0eW#~H8C|ZG(P{#;&L=>Xm)V_kOM5XDC?e!I`V*AywU(E%Wk{m;0q>6wSV0zZh3?;&`Br?}8&0A}YXzj-@1x5&}gQvfW+_@1Jy zst#rWKohguYXAh$jSN5%9^Dz->FJr@D7MzN)~CPuW$~H-y(u3Kb=*& z#MRtWv&q%kKM6ZSo3}WXzgO$bzq5b8s^|P0f5|}K&b4L);M{e8%J+F@zq+xS!a|xl zLb<ql3T(CgvwV^-hoXKpq8khE_p6xlWYrFl7QN@e4NP za@5lI5-8=GLy`BR!q{fh%HPt~Gd%BI#$=U?I;;#bZN}y(jVe1toQ5|n^CUqGDZp}! zslW3F^e(`^I@1BOZe}v#)+OAzn)cEGb+za0trx;EDv_+I60QH)Hr0Ec9N--Fep3$H zuSpx>(s1@;;vZXknfeCXdpD z>f!67{aP9tpw!Y?myfkUe_DORCP`4oy|#e`F)?^)%I77ytWCK7OUI}!1_-vhJ@x;j zNTC1MpTjA1ckDO`2;f(QJ4GWK`pLk7FT&PzMDekk-;u@%eiEe%ARbF2f2XC+apGg{ zaTnS-E$yg1La<)7kY#1(0Djs_X%6g=qfzP&S-X3Mgj76=ymP{I(cW|8i#PH+?Kst&D#ArX%GNFZfY)H&o=AdY zbfj?P1})DwfqX=BoFd2BR-DBoV>^Y5LDrN-9<->w?09380cwm=$UvAE^Hkc#+G zbykppgP7n|c`S+#)`f&XK*%RH{EqEZitR!r1aX{&gGVV@6K@YVvl)}udDdKYs_G}qddj>zi}U8i9aXpR*<6?gx(~PA83?d zZ(73ItOorae!^rXNlD+Q$nqrh5*Q^TDUw2vO|U4njK~(F>dkDY)Zw2{V~UDsILemJ zS~MPAx@oD001bwRq~h>);ejlbb${lZ+yH&kp4NC~nPs3HpM{<9Pw2+Wz$u-|B2l$nP66otZ1eTwU>>~OSEE0*M7`YYDMn3#WYVK+ z^;983NLrVOub&3U3n%zp-;93(-9N5vB+Ntv*AsiiR*jAa&nBf&yg3fdUdT!DT0V{x zt^h|lqCEIolsA#L*-^&T6^o;77)^o9yejGXpGFi^BsC&fCuql!ya(-jxswzfchu|i z4V2QLL+Kzc<=BW#2%6Gi;~9V^HLd&bpf3YC#tUK)Y<2HroC2Rs`6{3Mau?vIP-*rrfscg zb^Q9(F|w&{h*ghkN{wI1b4daxF!qd^RE1*f{K6VjR%S;PyuIZMD5IAE2ROZxBq-}Fy<){%gv zJ{&QSY4+;aLB-4|0X)a^9%Db^SzJBzlSYg|&jf%gFURz^eBDM$iJ2rje4$EiMi6}` zA#wgAPP~(num5UN;2j|N-y!*q1L~}9Vq>=m2%-tUCQjktV=;A z^@>>rgl#U}G(hhCW0K?KpE>=i5AB3gI(8lM?K~Vl*6UdAr78I4R!Gs9B&-Ee0%0{o z7<%=zHR&%CA%f53RT^psqkdsj^b&=&X><({#AVy@G3cEy!v;ICSR)?qD$i z)gB^Bbj5hu_k{3*kjUCk!FtZV30sF1g>h3R2LuKK*)>e4?B;9F<1AX4##CS3eoE7D z={QbCg9i_b`E6*Wpl3gAHWTc5ouF|zgwOnx21}S?ZK0?h*8O50Ta^cAH8`@M%DY^u z$*+K_h#sS9uy-5=Z!Bsxhj=1Lv)_CD7S{X`2gNV~osX9#MX9#VvEXyVI2NO}T?1<{+XZy*;1DR>^g5o_??FuMFsZv!(x z9V5!jC35|BEKqxD3E*yzEpuu$p=ze~-bOx*z~JN~tN_Wvqb&<4J7?={#WM!N3&cSD zE?2)^Vjy$SVES{^_A;J!zn2(*cXVX65+36?S|9D_%qj|12Odzk{XU7Yv+W{C(~m+J z1D`Bf+~R$>&wj12$gGZ#g@_o;SFmZJue<$iZ2P#Zyr2S_GQ_Kf0npK*{?pE4SA)9z z3LDMvbZ=!`URK~2oL^zzj5t+$$AI=MSA|wm*(-3yNSsYJ_4?}S)(37XRJl*jZB3|r zmb`c$97XDJw8+c4rn<|gU-i|`Oi+R0^(ZX0+ko`W;y?o~e5^XYg+c1-{oKRV>T*Gi z)1HO0<{#Pzk$a8spC&|SBKByW@SfD>4-$dXqEjT4lEF|DK}KR$ZP(AqU#=I#I<~?* znfd(JRBoX|x0v#vu;|GGFT&fmOQB%%SBx|QkdeSRKg$K}@P^M{?B4tP@)_Al?Jlc~ zX6LGbfH%OmjBlyH^3PRWYP+SBbFXw9&exd)vV>tfDPvQ3G~B?s(}Fk8RH>9zhs6>G z2Tv-Wh#3L*0h@+}omC~4q*k>#FYYN?@-hJ&)-;b&sU6(GGTj;uKwq@>PyVW_Y_fGj z@O{*G*=@G#!&-~zho5=Ys#7F+Zf_;4%r$l5o3E6lfCB)ll>;j-nTmd zIU{C4*pRWXR`*Ik?fSS0Bt0iH;Gk)wz+&f%E5Y*pmD=R2JYuGnJ}UYmbaNK?YHcSJ zpd;p4;3Rx`sYU3o-ItSRGZP7TM4>9V(pr_OJYZ0poS7r19Pvl+HDL9vptZ_L8Zh4G zV&WCA@w7U>=`C>o0$*jvl|p|()HxA;Z#23Hs4U{+b_RSPVzdix+~bx%8vN14Jc|+R zWGlR#52SGqP^X5~=!uFTNUz`U&Z@KqoF5fi}Ky zhP~~kE9~r8N{wR7x~q~~fbnKG3(ZJd41>>`tM;MO5DG0HUJw{9j>0~Z> zDO&T&wDtLDP;c$UVe{MxP;E=_kZ7Z?u7O{g!Z}-8H6nH+I$|K35S+9b&NIJ&fY_9f z`Y4wIMv@Dg&w3!_I2vQkReMVm9bE?TVj}6NT5G3m_HI650!UR4^^SC8;+;~-Zbow- z+nZnC3}OD0K4K^>@8Qj43jz%QL!}r=vKv3rtTF=17lRtG^ zj{vO(z={&EeDN$pmqYP@Q(WV!Oxp8o`$#>M(#bCR00LE&K!RTU@asjrsQOCw3N0*_y53?b!N&!(zP3QOu=A-Hk^1n*_ueGy;naqI#+UpXSQ^UUEjXH5x! zaC_Q84|**4&rN|?faN6ru+iHxvtB|r06mVNKHivD;&~7-G|?#O)=mGj9jc1oLYOFW zpm*8@yW*}h{X0NX36=g(_1z&46vq0VsknfkNs}DvtV3a9 zv)4Ic0u)+&5BJhqQcch+H;)I=WZx?H>!O$B$S`}gw={0UG zva&PQ=Gghene}Yv9)it}v`^~o@WUKwy`k~hJTX(AMJ0v{4D@Uz!;g^kkTd1Kn=7b= z0V88kj8j1xIb-IXg#kBX!tzC`ueRJcVjR$6uBL=d-;{yJZ(qLRb}c?uP-Bq)?C!Ru z_I@Rz>HV>NqQoAGsutlXyCla0G-P_7vWBgwXk@l$Vx)@wE*3Fj4&=P-h(=#~RlF3S zOXHxTG*ozyi|%{pEHRu!hFWZP%QnD5dvW(~KjoA4$385w7Nt$IfGjsludFw4MNZU&v#!RX{W(&Gv9TShR3Cl z9U5c>5$WH;Wyey!*{!J9LxFc13KgRp=DI131HXXvZx^~Toq7zR4j1)1m3p$xrzg25 z>*?86+{p|iOCv-u3O4N6L9Ra6FG-1tg;}_zW=2lp&;N3%4-4RIP?7Tvz|LsCk$g-1 zn7D-{b&Hg7&#!(nQdv^vPj*la3oIHMyrg4pKL>ZKo{J{bM{1oe8%P8#Aq!7mFD{N_ zQs!<4pGU>h+kpEPqRt%Bs+M4`%N0|e6@(bO#f31LN%&28-9wcDh!p%rQjLpt#MV6J zDglLk^#>N~Koaoo#A|+f9Mdj;FAnDk&#g5Nk9oG)>U3-^I9-OViSes^{Rv}`?{{q? z^0^frHVJPB(*iNLotfK2+4z1O-=`Pe*!`KJZux3nbefe-}iJQ>8 z2O8#a#L?(q9MfxtVIycZ9DwhDy+7*?tkZ`hfPOnxLxFLbiGaG|S^lEwlVeZCPgiB; zqRIpyRQ6B5Cmn^!J7%$HN%waCYRk9=9B+vb=<@8PuzfVeN~v~OT3pbHH~)erM4Xxg zA?eeUbA)gX^zPl`@Sy~K$o9Bygu$oq$!+<~b{$VoM}&yI^gkW537dCA^{9cAq5*